2025-03-31-accounts - People First Merseyside Company Limited

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People First Merseyside Company Limited

Charity No. 1124792

Company No. 05487998

Trustees' Report and Unaudited Accounts

31 March 2025

People First Merseyside Company Limited Contents

	Pages
Trustees' Annual Report	2 to 6
Independent Examiner's Report		7
Statement of Financial Activities		8
Balance Sheet		9
Notes to the Accounts	10 to	19

Page 1

People First Merseyside Company Limited Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, herein present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the charity's governing document, the Charities Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 applicable in the UK and Republic of Ireland.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 05487998

Charity No. 1124792

Registered Office

The Investment Centre 375 Stanley Road Bootle Merseyside L20 3EF

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

A.P. Bowskill P. Bullen P. Burke L. Curran K.N. Davies E. Grange R. Holland (Resigned 4 December 2024) P. Hume J. Martlew (Resigned 4 December 2024) G.B. McConaghy W. Mullen M.H. Reid H.L. Smart S. Storey S.E. Williams

Accountants

Sefton Council for Voluntary Service Burlington House Crosby Road North

Page 2

People First Merseyside Company Limited Trustees Annual Report

Waterloo Liverpool L22 0LG

OBJECTIVES AND ACTIVITIES

1.) To advance and promote the education of those members of the public with learning disabilities or learning difficulties in particular by the provision of training facilities and workshops in self advocacy and related areas, including;

• Enabling and assisting people with learning disabilities or learning difficulties to speak up for themselves, to share ideas and voice opinions with others.

• Assisting and enabling people with learning disabilities or learning difficulties to enjoy the same rights as everyone else, to attain greater independence, freedom of choice and participation in community.

2.) To advance public education about the educational, psychological and emotional needs of people with a learning disability or learning difficulty

3.) To promote or assist in promoting research into all aspects of such needs and to disseminate the useful results of such research for the benefit of the public.

ACHIEVEMENTS AND PERFORMANCE

The promotion of Self Advocacy and its benefits for People with learning disabilities is central to People First Merseyside. We aim to help people with learning disabilities in Liverpool and Sefton to:

Improve their Self-confidence and Self Esteem
Reduce Social Isolation
Improve Psychological well being
Have more choice and control over their own lives.

Sefton Group

Our Sefton group have continued to provide a self-advocacy service for adults with a learning disability living within the Metropolitan Borough of Sefton. This work is funded by Sefton Council and Sefton CCGs.

The Sefton group support the work of the Sefton Learning Disability and Autism Coproduction Board. People First Merseyside are taking a lead in supporting the Learning-disabled Co Chairs at meetings.

Members in Sefton take part in Community Networking meetings such as the Health and Social Care Forum and Healthwatch’s Community Champions Network. These meetings are an opportunity to promote the work of People First Merseyside and self-advocacy in Sefton.

We have continued to hold our Get Involved Groups meetings to enable people with learning disabilities find out what is happening in Sefton and to provide opportunities for professionals to come and consult with people with learning disabilities about issues that affect them.

During this period, we had 2,178 interactions with 105 individuals with learning disabilities from Sefton and/or engaged with in Sefton activities, who took part in:

11 Board of Directors/AGM Meetings

10 Group Advocacy/Diary Meetings
11 Office Work Sessions with Members
182 1:1 Advocacy Interactions

Page 3

People First Merseyside Company Limited Trustees Annual Report

24 Awareness Raising and Promotion Meetings/Events

5 Social Events

6 Get Involved Group Meetings

28 Health Activities

2 Sub Groups

100 Consultations

27 Training Sessions by and for Members
66 Planning and Pre Meetings
24 Networking and Partnership Meetings

The total hours of supported work and activity by members and other self-advocates from Sefton and/or engaged with in Sefton activities was 4,678 hours, valued at £94,716.

Bloods Pathway Project

This project was funded by Mersey Care NHS Foundation Trust.

This project was looking at the Bloods Pathway which is related to the protocols for clinicians when taking blood or delivering vaccinations to those who have learning disabilities and have conditions or phobias which make it difficult.

We worked with Learning Disability Health facilitators from Mersey Care to look at the current protocols and research alternative methods for taking blood. The group then developed an easy read booklet to help people with learning disabilities to understand better the process of having blood taken. This will be distributed to people with learning disabilities across Merseyside.

The DAVID Project

The DAVID Project is a five year project funding by the National Lottery Community Fund, which was extended to six years with the existing funding with permission from the National Lottery Community Fund. The project was developed after the death of one of People First Merseyside’s members who had no family to make arrangements for his funeral. The project aims to address the subject of death and dying for people with learning disabilities.

During this year the DAVID Project group held 32 Steering Group meetings, looking at such things as forward planning for the project, discussing feedback from group events/activities and planning for the DAVID Project conference.

The group also held 29 Task & Finish Group meetings, which included looking at such things as producing bereavement resources, funeral planning, religion & culture, dementia and assisted dying.

In addition to those core meetings DAVID members took part in the People First Merseyside podcast, attended bereavement counselling sessions, attended the Buddy Group (supporting people with cancer) at the Royal Liverpool University Hospital, IncludeAge Research Interviews, LeDeR Independent Advisory Group Meetings, Royal Liverpool University Hospital LD Steering Group Meetings, Regional Staying Healthy Group Meetings, a REACHE Consultation, a Death Cafe at Liverpool Hope University and Yellow Tulip Research Consultations.

The project also held the DAVID Project Conference to launch the booklets and films produced by the project and the event.

Health Matters

In March 2025 we received a grant of £19,999 to carry out carry out a 12 month project around physical and mental health. This project will run over the course of the 2025/26 financial year.

Page 4

People First Merseyside Company Limited Trustees Annual Report

Advocacy Liaison Officer

The Advocacy Liaison Officer has continued to provide one-to-one issue-based advocacy for adults with learning disabilities and/or autism.

This year the Advocacy Liaison Officer has supported people with such issues as:

Accessing and updating Universal Credit journals.
Completing SMI (Support for Mortgage Interest) forms.
Setting up Council Tax payment plans.
Applying for Universal Credit.
The PIP (Personal Independence Payment) assessment, mandatory reconsideration and change of circumstances processes.
The Care Needs Assessment process.
Making referrals to RASA Merseyside.
Attending meetings with social workers.
Applying for a disabled person’s travel pass.
Attending counselling sessions.
Transitioning between Job Seekers Allowance to Universal Credit.
Making complaints RE: support.

Mind My Mind

The Mind My Mind project was funded by the National Lottery Community Fund.

The Mind My Mind group held 8 planning and prep sessions and 17 project delivery sessions all around mental health. In these sessions the group discussed topics including different mental health disorders, relaxation, trauma & PTSD, coping with stress, mindfulness, emotions and coping with anger.

DNACPR Project

During the COVID-19 pandemic people with a learning disability were given a DNACPR (Do Not Attempt Cardiopulmonary Resuscitation) order whilst in hospital without their knowledge or permission.

NHS England funded People First Merseyside. Our members developed and produced a short film and an easy read booklet to help people with a learning disability understand what a DNACPR order is and understand their rights.

Boosting Bootle

In February 2025 we received a grant of £2,000 to carry out carry out a 6 week project around protecting adults with learning disabilities from being victims of crime. This project will run in the 2025/26 financial year.

Other non-project specific funding included:

Lloyds Bank Foundation for England and Wales

The Lloyds Bank Foundation for England and Wales funding was used to contribute towards existing staff and overhead costs.

Baily Thomas Charitable Fund

The Baily Thomas Charitable Fund funding from 2023/24 carried over into this financial year and was used to contribute towards existing staff costs.

Page 5

People First Merseyside Company Limited Trustees Annual Report

Garfield Weston Foundation

The Garfield Weston Foundation funding was used to contribute towards existing staff costs.

John Moores Foundation

The John Moores Foundation funding was used to contribute towards existing staff and overhead costs.

Living Well Sefton Workplace Grant

The Living Well Sefton Workplace Grant funding was used to purchase LEGO sets to enable us to run LEGO mental health sessions with a focus on team work and creativity.

VOLA

The VOLA Digital Connectivity for Community Facilities Grant was used to purchase and set up new IT equipment.

The Postcode Neighbourhood Trust

The Postcode Neighbourhood Trust funding was used to contribute towards existing staff and overhead costs.

PLANS FOR FUTURE PERIODS

The Board of Directors continues to discuss and source alternative sources of income to diversify funding streams in the future.

The Trustees have set aside full Redundancy Provisions for staff who meet the criteria.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

Andrew Bowskill

A.P. Bowskill Trustee 15 December 2025

G. McConaghy Trustee 15 December 2025

Page 6

People First Merseyside Company Limited Independent Examiners Report

Independent Examiner's Report to the trustees of People First Merseyside Company Limited

I report to the charity trustees on my examination of the financial statements of People First Merseyside Company Limited for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

accounting records were not kept in accordance with section 386 of the 2006 Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the Charities SORP (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Ian Wright Chartered Accountant Sefton Council for Voluntary Service Burlington House Crosby Road North Waterloo Liverpool L22 0LG 15 December 2025

Page 7

People First Merseyside Company Limited Statement of Financial Activities

for the year ended 31 March 2025

Unrestricted funds 2025 £ 3,890 - 13,985 1,596 1,277	Restricted funds 2025 £ - 163,791 - - -	Total funds 2025 £ 3,890 163,791 13,985 1,596 1,277	Total funds 2024 £ 735 194,658 10,882 1,522 481
20,748 18,360	163,791 195,407	184,539 213,767	208,278 244,668
18,360 -	195,407 -	213,767 -	244,668 -
2,388 -	(31,616) -	(29,228) -	(36,390) -
2,388	(31,616)	(29,228)	(36,390)
2,388 79,235	(31,616) 100,157	(29,228) 179,392	(36,390) 215,782
81,623	68,541	150,164	179,392

Page 8

People First Merseyside Company Limited Balance Sheet

at 31 March 2025

Company No. 05487998 Notes 2025 £ Current assets Debtors 11 2,327 Cash at bank and in hand 159,192 161,519 Creditors:Amount falling due within one year 12 (760) Net current assets 160,759 Total assets less current liabilities 160,759 Provisions for liabilities 13 (10,595) Net assets excluding pension asset or liability 150,164 Total net assets 150,164 The funds of the charity Restricted funds 14 Restricted income funds 68,541 68,541 Unrestricted funds 14 General funds 43,630 Designated funds 37,993 81,623 Reserves 14 Total funds 150,164	2024 £ 10,662 187,956
	198,618 (623)
	197,995 197,995 (18,603)
	179,392
	179,392
	100,157
	100,157 23,181 56,054
	79,235
	179,392

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 15 December 2025

And signed on its behalf by:

Andrew Bowskill

A.P. Bowskill Trustee 15 December 2025

Page 9

People First Merseyside Company Limited Notes to the Accounts

for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The functional currency used is the £ Sterling.

Preparation of the accounts on a going concern basis

At the time of approving the accounts, the trustees' have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the forseeable future. As such these accounts have been prepared under the going concern basis.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Page 10

People First Merseyside Company Limited Notes to the Accounts

Income Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Expenditure Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 11

People First Merseyside Company Limited Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 12

People First Merseyside Company Limited Notes to the Accounts

3 Statement of Financial Activities - prior year

Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Other Total Expenditure on: Charitable activities Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations Membership dues	Unrestricted funds 2024 £ 735 - 10,882 1,522 256 13,395 2,409 2,409 10,986 10,986 10,986 68,249 79,235 Unrestricted £ 2,465 1,425 3,890	Restricted funds 2024 £ - 194,658 - - 225 194,883 242,259 242,259 (47,376) (47,376) (47,376) 147,533 100,157 Total 2025 £ 2,465 1,425 3,890	Total funds 2024 £ 735 194,658 10,882 1,522 481
			208,278 244,668
			244,668
			(36,390)
			(36,390)
			(36,390) 215,782
			179,392
			Total 2024 £ 735 -
			735

Page 13

People First Merseyside Company Limited Notes to the Accounts

5 Income from charitable activities

Sefton Health Authority Boosting Bootle John Moores Foundation Living Well Sefton Lloyds Bank Foundation National Lottery Community Fund Health Matters Garfield Weston Foundation Postcode Neighbourhood Trust VOLA The Baily Thomas Charitable Foundation National Lottery Community Fund Mind My Mind National Lottery Community Fund DAVID 6 Income from other trading activities Services 7 Income from investments Interest received 8 Other income Reimbursed expenses	Restricted £ 56,838 2,000 7,103 500 25,000 19,999 15,000 30,000 7,351 - - - 163,791 Unrestricted £ 13,985 13,985 Unrestricted £ 1,596 1,596 Unrestricted £ 1,277 1,277	Total 2025 £ 56,838 2,000 7,103 500 25,000 19,999 15,000 30,000 7,351 - - - 163,791 Total 2025 £ 13,985 13,985 Total 2025 £ 1,596 1,596 Total 2025 £ 1,277 1,277	Total 2024 £ 52,400 - - - 25,000 - - - - 8,000 10,000 99,258
			194,658
			Total 2024 £ 10,882
			10,882
			Total 2024 £ 1,522
			1,522
			Total 2024 £ 481
			481

Page 14

People First Merseyside Company Limited Notes to the Accounts

9 Expenditure on charitable activities

Unrestricted Restricted £ £ Expenditure on charitable activities Self advocacy - 26,493 Admin costs Employee costs - 121,266 Motor and travel costs - 510 Premises costs - 34,318 General administrative costs - - Governance costs Administration 17,341 12,820 Accountancy 558 - Payroll processing 336 - Bank charges 125 - 18,360 195,407 10 Staff costs 2025 Salaries and wages 115,702 Social security costs 3,150 Pension costs 2,414 121,266 No employee received emoluments in excess of £60,000. The average number of employees during the year was as follows: 2025 Number Management and support staff 4.5 4.5 11 Debtors 2025 £ Trade debtors 2,327 2,327 12 Creditors: amounts falling due within one year 2025 £ Trade creditors 120 Accruals 640 760	Total 2025 £ 26,493 121,266 510 34,318 - 30,161 558 336 125 213,767	Total 2024 £ 15,528 171,572 1,740 34,560 17 20,183 558 396 114
		244,668
		2024 157,606 6,970 4,294
		168,870
		2024 Number 6
		6
		2024 £ 10,662
		10,662
		2024 £ - 623
		623

Page 15

People First Merseyside Company Limited Notes to the Accounts

13 Provisions

Provisions
At 1 April 2024 Movement for the year At 31 March 2025	Other provisions £ 18,603 (8,008) 10,595	Total £ 18,603 (8,008)
		10,595

Page 16

People First Merseyside Company Limited Notes to the Accounts

14 Movement in funds

Restricted funds: Restricted income funds: National Lottery Community Fund DAVID Boosting Bootle John Moores Foundation Sefton MBC Living Well Sefton Lloyds Bank Foundation National Lottery Community Fund Health Matters Postcode Neighbourhood Trust VOLA Merseyside Blood Pathways National Health Service England DNA CPR Garfield Weston Foundation The Baily Thomas Charitable Foundation National Lottery Community Fund (Mind My Mind) Total Unrestricted funds: General funds Designated funds: Contingency Fund Total Total funds	At 1 April 2024 74,836 - - - - - - - - 11,310 2,700 - 6,672 4,639 100,157 23,181 56,054 56,054 179,392	Incoming resources (including other gains/losses ) £ - 2,000 7,103 56,838 500 25,000 19,999 30,000 7,351 - - 15,000 - - 163,791 20,748 - - 184,539	Resources expended £ (69,422) - (2,203) (56,838) (500) (8,333) - (17,500) (7,351) (11,310) (1,634) (10,000) (6,672) (3,644) (195,407) (18,360) - - (213,767)	At 31 March 2025 £ 5,414 2,000 4,900 - - 16,667 19,999 12,500 - - 1,066 5,000 - 995
				68,541
				25,569 56,054
				56,054

				150,164

Purposes and restrictions in relation to the funds: Restricted funds:

National Lottery Community Dignity and Voices in dying Fund DAVID Boosting Bootle Protecting adults with learning disabilities from being victims of crime

Page 17

People First Merseyside Company Limited Notes to the Accounts

es to the Accounts
John Moores Foundation	Staff and overhead costs
Sefton MBC	Staff and overhead costs
Living Well Sefton	LEGO sets for mental health sessions
Lloyds Bank Foundation	Staff and overhead costs
National Lottery Community	Project for mental and physical health
Fund Health Matters
Postcode Neighbourhood	Staff and overhead costs
Trust
VOLA	IT equipment
Merseyside Blood Pathways	Blood pathways
National Health Service	Core Funding
England DNA CPR
Garfield Weston Foundation	Core running costs
The Baily Thomas Charitable	Staff costs
Foundation
National Lottery Community	Mind My Mind
Fund (Mind My Mind)
Designated funds:
Contingency Fund	3 months' running costs

15 Analysis of net assets between funds

Unrestricted funds £ 92,218 (10,595) 81,623 At 1 April 2024 £	Restricted funds £ 68,541 - 68,541 Cash flows £	Total £ 160,759 (10,595)
		150,164
		At 31 March 2025 £
187,956	(28,764)	159,192
187,956 187,956	(28,764) (28,764)	159,192
		159,192

16 Reconciliation of net cash / (net debt)

FRS 102 requires and entity to report changes in net debt in the accounting period. People First Merseyside does not carry any debt or other borrowings and has a positive net cash position

Page 18

People First Merseyside Company Limited Notes to the Accounts

17 Commitments

Pension commitments

*Pension commitments*
	2025	2024
	£	£
The pension cost charge to the company
amounted to:	2,414	4,294

18 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 19