VINE EVANGELICAL CMVRCH {SEVENOAKS) (A C014PANY LIMrrED BY GUARANTEE) A14NUAL REPORT AND FINANCIAL ATEmE14 FOR ThE YEAR E14DED SIST DEceMDER 2021 CHARITY RE6isniATIOM NO: 1128970 COIIPANY RE6IrnTION Ilo: 116821266
VINE EVAI4GELICAL CHURCH (SEVEP40AKS) {A COMP*AY UMtTED BY GUARANTEE) Page 3 Legal & Administratfve Infrmatbn. Page$ 4 to S Page 6 Staiernert of Fin¢101 A(11be$. P•Je 7 Balance Sheet. Pages 8 to 13 Notes to the Financial Ststements. Page 14
VINE EVANGÈLICAL CHURCH (StVENOAKS} (A COMPAMY uMrrED BY GUARANTeE) REpofff OF THE DIRECTORS FOR THE YEAR ENDED 31 DecEIIBER 2021 LEGAL AP4D ADMIMISIRATIVE IP4fORMATIOM CH NIIMBER 1128970 COMPANY REGISATIO•1 NUMBER 6821266 srART OF FINANCIAL YEA January 2021 EPID OF FINANCIAL YEAR 3tst December 2021 DIREcfoR5 THAT SERVED DURIN6 THE YEAR TO 31ST DECEMBER 2021 C StNen G Talnio R Mank C KnKJht {resigned 21st September 2021) DIREcfoRS AppoIrirED AFreR ThE BALaNCE SHEET DATE G Newholm laptK)inted Ilth February 20221 A Gn)Theberg lapwjinted Ilth February 20221 M Rey5 lappJintÈd Ilth February 20221 COMPANY SECReTARY REaEsfERED ADDRESS Vine Evangellcal Church Hitctien Hatrh Lane Th13 3AT GOVERNING INSTRUMEiir Mem¢rnndum and Avticles c+ Ass#t dated 17th Fthruary 2Cts. PRIMARY BANKERS CAF Bank 114DEPENDE14T WMINER Indew)dent Examiners Ltd Unit 2 The Bro•JbndgE Business Centre Ddling Lane PAJsham West Sussex P018 8NF
V114E EVANGEUCAL CHURCH (SEVE140AKS)
(A COMPA14Y LIMfTED BY GUAIiAifEE)
REPORT OF ThE DIRECTORS
FOR THE YEAR ENDED 31 DECEMBER 2021
The Directtrs have pleasure in suL¥nfrting their rewt and finanoal ststements for the year ended 31st Dernber 2Q21.
Objrts df th• ¢h•Fity
The Company seeks to demonstrate Cknristian tdith in atknon by b•"ThJ a church In the Sevenoaks area.
Government
The pdicy and werdting decsions of Ihe charlty rest with Directots who meet reguLidy to monltor the lvlties of
the Cornpany.
A churth is r)t just è company or o buildingt but a gatherfng of ordinary people of different ages and backgrounds,
whose Ilves have been changed by Jesus Christ. the Son of C1. The Ne TtarneTrt reveals the Church as a communty
of people, property taught and cared for, who by hwlThJ and serving Jesus Christ, viere abo cotnmittd to Icve and care
for each other and to brfr4 a blessing to the aa in they INed. The ler•Jers aTrJ rnembers of Vlne Evangelical
Church Isevenoaks) are committed to the restorntlon of those New Testsftnt princIe5. We are not alone in thks. but
are one of many churches in the area. the Country and all over the that are rdiscovering the exdtement of
knowing Jesus Christ. The tts see the people of Sevenoaks Dlstrict ccrfne into this expernce of knL)wJng Jesus as
their Lord, Savvjur and fviend.
AfÉhough only incorporated as a c
VINE EVANGELICAL CHURCH (SE¥EP40AKS) (A COMPAPIY LIMrrED BY GUAWITEE) REPORT OF THE DIRECTORS VOR THe YEAR ENDED 31 DECEMBER 2021 Dir•¢tors' Respomslbllttl¢s Charity law requires us as dirertors to pTe financN41 statemts for each accountsng year whth give a true and falr vbew cf the state cf the charity aNI frf ts ir and expetsjiture for the year. This requires us to Select 5urtable ateounting wliae5 and appty them toftsistently Make judgeThents and e5titnates that are reasonab and prudent State whetr the appIale acc(wnting Standards have been followed. subject to ary material departu dClOSed and expl•ned in the acCnts. Prepare the financial #atements on a corKern basis unless it is inapproprlate to presume that the charity wlll ccrtinue in bu$lness. We are responslble for keeplng adequate accountiw reco whth dse wth reèsmable araCY at any the flnanoal plOn ¢f lh¢ company and enable us to ensure thai the finarKlal statements compty with the Compans Act 2006. We also have a responsibility to safeguard the assets of the charity and to tak¢ a$CatrIe step5 to prevent fraud or any other irwularities. The tsustees continue to bdieve tlwt they have suffKiert reserves to meer fixet1 expenses for the 12 months frorn the 5NJDing (rf these aCunts. It Is the pollcy of the charity that unrestrtw fvnd5 shwkl be mafjttslnd at a level equwlent to a miniftNJm of slx months. exFenditure, which wouk1 have aMTrted to around £57.300 for the year under revlew. The dlrertor5 cofisider that reserves at this level w511 ensure that, in the event of a sionfficant drop in fijnding. they viill be able to contlnue the charity's current actyvities while cortsideration 15 given to wRys in which additional funds may be rdis&1. Vnrestricted reserves at the end of the year were £156.000 which w1(1 cover approwmately 16 Th)nths' expenditure. The trust do not eonsider tfkAt reserves at thts level are exce55tve. AS * recover frrxn the effttt5 of the COVID-19 pandemlc, such reserves will enable the chanty to cover fixed overhead5 sh<wkl inc(me ftom donat5 continue at a lohEr level over the coming months, which the trustee5 con5ideT to be a 1 possibllty 05 a resu of the sharp irtseases in the cost of liwng followlng Ihe pandemlc and the RLn Irwasfjon of Ukralne. Approval Approved by the Directo 51grLeil their behaff on 2022 by: CDSti
vtNE EVANGEUCAL CHURUI (SEVENOAKS) (A COMPANY UMMD BY GUARANTEE) ATEPIENT OF FINANCIAL ACTIVITIES FOR THE YIAR EIIDED 31 PXEMBER 2021 Incorrwating irKcffje and expth4Yre aCCt unrtstr7c Designated Funds Funts TOTAL 2020 FndS 2021 INCOME AND eNDOWMEIITS Donatlons and Legacles 66.954 16.768 84.622 83.805 Chartsble ActFYits 3b 93 Trading Athitses 12.471 12.471 12.379 Investments 16 16 142 TOTAL INCOME 79 EXPENDITURE 011: Chantable Advities 89.717 24.011 900 114,628 115,702 TOTAL expENDrnMiE 11$ 702 NET IMCOMEI(EXPENDrnIRE) (10.276) (7.243) (17,519) {19.283) Total Funds Brought Forward 90,873 92.541 59 183,4n 202,756 Transfer between funds (591 TOTAL FUND5 CARIIIEP FORWARD 56 18> 473 Movements on all f¢seThes aThJ all rectyJnised gal l¢)sses sknrfn Jbove. All c the Organ•)11.S operatkns are dassed a5 conbnu1J. The notes on pages 8 to 13 form pèrt of these flnarKial ¥tatts71ents.
VIME evANGELICAL CMURCM (SEVENOAKSJ {A COIIPA14Y LIMrrED BY GUARANTEE) BALANCE SHEET AS AT 31 DECEMBER 2021 Unrestri(trd ReStrt• 31-D¢c-21 31-Dec-20 Furbts funds Total Total rixed Asgets Tanglble assets CurT•nt Assets D¢biors Cash at bank ènd in hand 10.927 155,981 10,927 155,981 4.716 179,687 Totsl thlrrent Assèts Credlt•rs: amounis tslllng due wlthin Me year 954 954 930 165.954 165,954 183.473 TOTAL ASSEfs less current Ilablttles 165,9S4 165.954 183.473 NET ASSt7S 954 165 954 183 473 Vundg of the Charity General Funds Designated Funds Restricted Fun¢ts 80.656 85,298 80.656 85.298 90,873 92,541 Totsl Funds 165.954 183 473 For the year endlng 31st December 2021 the Company was Ced to exemth)n from audit under seLtiDn 477 of the CL¥npanifs Act 2006 relating to Small companles. The members hève nrt requwed tt comnY to obtsln an aud¢t In XC0rdare wlth section 476 of the Companles Art 2006. The direttors atknowledge their responslblllty f¢r c(ththng with the wuirements of the Cornpanle5 Act 2006 wV(h respect to accounting reconls and f¢y the preparatk)n of act(xJnts. These accwnts have been prepared in ateordarKe prov6k>ns appIt4b to companses bJect to the small comp3nles' regiff* •)d in ac¢ordarKe wlth FRS102 SORP. Approved by the Olrectors on ................ ....... ........ Slgned on thelr ., C Sti¥en, Dirertor
VINE EVANGEUCAL CHURCH (SEVENOAKS) (A COMPAPIY LIPIITED BY GUARA14TEE) 14OTES TO THE FINANCIAL ATEmE11T5 FOR THE YEAR EMDED 31 DECEMBER 2021 I. ACCOUKllNfj POUCIES 8•$is ol Pr¢paratlon The flnanclal ststernents have been prepaved on the hfjstortal cost ba515 rf at¢ourting i ateordance with the Charities Act 2011 In accordantt with applicable attounting Standards. The finanoal statements have been PTepared in accordlnce with Attounting and Reportiro by CK)rities.' Ststetnent of RecommeTrJed PrartKe 'Accounting and Reporting by Charfties" ISORP 20151. The accr¥JTrts have been prepared oft an tx)going ¢on¢ern basis. The charfjty meets the definlthx of a pU1C benefft entity under 102. Advantsge has been taken cl Settion 396151 of The Cornpans Att 2006 to allow the fomw of the finandal statements to be adapted to renect the sFeclal natu of the ¢haritys orrati¢)n and In order to comply ¥Yith the requirements of the SORP. The cixnpany has tsken advantsge of the exemptson Sn Flnanclal Rewb"ng Siandèrd No l from the Nu1ment to prrx1utt a cash llow statement. ChaThJes in Auountino Policlu •nd There has been no change to the a£cting policies Ivarfatb)n rule5 and methcrf15 rf &countlw} SIn k8st year. Preparation of a¢counts on a goi9 cM¢m Iw ppaPE10n or the accNnts on a going Cl basls. The Trustees ore cl the vfiew that the level rf reserves wlll support the charity going forward. R¢¢ognltl¢Jn rf Incorn• These are itKluded In the Staterrert Firtancol Activ15 (SCfAI when: • the charity becomes entitled to the resourtt5,' . the trustees a virtually certaln they will recelve the re50urces.' arml . the rnonetsry value can be rneasured sulndent rlablty. lTrcome with Rlat¢d expenOlthr• Where income has a relited expendliure las wfjih fiJndrni5ing w wrtract Ince) and lated exFendlture ore reported ortts in the SOFA. Grdnts and Donations Grants and Donations are or induded in the SOFA wlEn the thanty has urteknjitbnal entltlwnent to the resource5. Tax Redaims on Doh•tions •wi fjlfts Incorr frorn tax reclaims are llKJuded in SOFA In the syne financK81 rerKKI as the gift tr whith they rebts. CoThtnctsal Zncome and Perltym•nw Relatsd 6rnnts This s onty In¢ludèJ In the SOFA ¢)re the led gocots or servtss hè¥ Lwi Glfts Klnd Gifts in knnd are Kcounted for at 4 reasonab estknate crf thew vae to charity tt the anwnt actually reolised. Grfts In nd for sale or distrlbutSon are Indjaj in the as only when SOW or d15trlbuted by the ¢harity. Gifts In "nd for use by the ¢haTlty are induded in the SOFA as incoming resour$ when receNable. Don•t¢d Ser¥le•8 and F•<ilies These are only Included In incorning resourtrs (with an eouwalent amwnt In rexrceS expeTrJ8J} where the benefit to the charity $ reasonably guantsfiable, measurabk and materk?l. The value plxed on these resources Is the estimated value to the tharity ¢f the seNKe or facilrty 1ved. Volunt•*r H¢lp The ¥alye of any untsry hdp retei¥ed Is not Induded In the ttnts Lxrt ts descrlbed in the TNstees' annual report. Go¥emment GTrnts The charity dki not receive any oovernrnent grnnts during the financial year.
VIME EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY UMtfED BY GiIARANTEE) NOTES TO THE FINANCIAL srAieMEIITS FOR THE YV4R ENDED 31 DECEPIBER 2021 L•01 R¢¢Ognltbo abilitie5 are recognisett as scon as there Ls a kgal or C(tth ¢bgati commltlfjTrJ the charity to pay out Te50urces. GOvernat Costs Include costs rf the weparatlon and examinauon (rf Stat accounts. the costs ( the Trustees, meÈtir¥Js and ccst of any legal advKe to tru5teÉs on governae or (nStiiuticfflal matters. UnFestri¢ted Fund8 These lunds can be used for the gen4yal ¢JbJtttNes or the chadty as set Lxrt in tts tntstees rep)fL The movements of the unrestrtted fvnts are glven in the state[rl h)arKial ACtfv1. Deségnated Fd5 Designated funds a funds that the TTusrees ha¥e reseryed for spedfic purpos& Althtyjgh these •rE in wnciple unrestrtied fvTrJs, these furth rnay be expended M the purpose des¥rt8ted by the Twsiee5. Restrfrted Fund6 These funds are where the has sperffjed a the donotkn made. These restrlcurms often arise as a resufc of the reguLHr ap5 for speoal offerinos made for SPEofic Fix•d Assts These are capitallsed W they can be more than (xle year, and ccst at least £500. Try are valued at C05t OT. ir Obfted, at the ¥alue to chartty recdpt. DepreaaJon ts cakulated at ? rate to wrlte the cL6t of taTrJlble fixed assets ¢m a strn>Jht lir basis ¢)ver thelr estlmoted useful INes charged to the SOFL The rates appllvj per annum are as foll¢M'. Equiwent Land & Building Between 15% and 33% 2% 2. TANGIBLE FIXED ASSETS Chuwrh ikling Equlpment & tttngs vehths TOTAL 01-JJn-21 2.000 31.603 33.603 Addltlons Cc6t at 31-Dec-21 Deprec&Ation arge Oepreciation at 01-Jan-21 31,603 33,603 31-De¢-21 33 Net Book Value Net BLX)k VJue 31-D•¢-21 31-Dec-20 The thurth pffjperty wa5 transfe1 to the ownev5hip of VinE Evangdlcol Churth {Sevenoaksl In )uly 2012 by the prevlcu5 owner5 Vir* Hall Trust at depreoated hist¢ cosL The property was originally acquired in 1971 for £2.000. resultlnq in depcIatIOn oveT the 5Ut)sequent 49 year5 of £1,960 witti the final charge being made in 2020. The bullding insurance value provhjed by the Insurer at 31st January 2021 was £1.489.028 at 31$1 January 2022 was £1,578,370.
V114E EVA14GeUCAL CHURCH {SEVEf40AKS) (A COMPAP4Y LIMMD BY 6UARAI4TEE) Mms TO TME FINANCIAL sfATEMEllfS VOR THE YEAR E14DED 31 DECEMBER 2021 TOTAL 2021 TOTAL 2020 3. INCOME AND ENDOWMEIITS FROM: FurJs Funds Funds a} Donations and Legacies Grft AK1 Donations Non Gift Aid Donations Tax Reclaimed 36.258 21.582 9.114 9.065 5.383 2.320 45,323 27.865 11,434 44.313 28,604 10,888 900 768 b) Chrit•ble Artivftie% other Charflabk Athvltles 93 c) Tradlng Actlvltles Premises Hire 12.471 12,471 12,379 71 12 79 d) Envestmqnts Interest 16 16 142 16 16 142 4. EXPENDmiRf 011: b) Charltable A¢Uvltl¢s Dlrett Charltsble Costs Stsff Costs Comrnended Workers VEC Fellowshlp Events Imrtt.. relL$) Youth Ministry Professional SeThiws Ministry Expense5 Outreach and mo0 Grants Payab Sixial C)re Support & Administration Adrnin15trative Expenses utilit5 Insurance Depreclatlon Property & f1&ent Bulhaing wor*s Other Governance Cvsts 62.455 62,455 13,205 12161 428 830 3,284 9,862 62,614 13,080 13.882) 309 1.046 3,401 10.L20 600 166 13,205 1216) 428 830 3.284 9,862 900 3.765 5,392 3.765 5,392 4,351 4.506 5.373 578 12,497 11.176 11,176 954 954 943 717 li io
VIfvIE EVANGELICAL CHURCH (SEVENOAKS) (A COMPANY UMTfED BY GUARANTEE) IIOTES TO Trlt FINANCIAL STATEMEPITS (COAUTrued) FOR THE YEAR ENDED 31 DECEMBER 2021 5. ANALYSIS OF FUNDS- CURRENT PERIOD CURREln PERIOD Balan 01-)an-21 Balance 31-Dec-21 Income EXpendItu Transfers UI•RESTRICTED FiINDS 73 79 59 DESIGMATED FUNOS Emergency MalntenarKe Fund other MSssion Fund FU1 Mlnistry Suppcrt Fund 25.000 7.541 60,000 25.000 298 60,000 16.768 24,011 541 REsriucrED FUNDS Donatlons for Ashbumham Harilshlp Fund MissLon Supwrt 159} 600 TOTALS 183 473 114 628 2021 Transfe £59 This is the sma51 batsnce kft overfrom money thjnated to a55iStznyone unable to pay the full costs of the weekend away, andlor to meet other costs èssrxiated with the weeke l¥eakers etcl. When the weekend was cancelled because of COVID. the Church reimbursed rnoniesthat had been pai¢J in advance. HNever, me people said that they did not require reirnbursmert. The Tntstees confimi that kvmss*)n is gNeTr for the sm311 balarKe to be transferred to general fvnds. . ANALYSX5 OF FUNDS- PREVIOVS PERIOD PREVIOUS PERIOD ealarKe 01-Jan-20 Balance 31-Dec-20 IncfyT endlture Trdnsfers U14RESTRICTED FUNLIS 79 336 490 90 DESIGNATED FUNDS Emergency MaintenarKe Fund Jllding Works Fund Mission Fund Other Mission Fund FLrture Mlnistry Suppcrt Fund Arthur Duke Schc4arship FuThl 25.Th)0 25.000 9.237 60.0 16.670 23.366 s.c¥J 7,541 60.000 (s,000) 237 670 66 541 RESTRICTED FUNDS Donath)ns for Ashburnham 369 180 1490) TOTALS 756 96 19 115 702 li
V114E EVA14GELICAL CHURCH (SEVENOAKS) (A COMPANY iIMITED BY fjVARAHTEE) IIOTES TO THE FIMANCIAL STATEMENTS (tonliThd) FOR THE YEAR ENDfD 31 DECEMBER X121 6. CASH AT BANK AND IN HAND Total Jl-Detr21 Total 31-Dee-20 Fund FuThJ Current Account Deposit Account 9.851 146.130 9,851 146,130 8.573 171,114 155 981 179 687 7. DEBTORS APID PREPAYMENTS Unrestri[ Restrittttj Furmjs Funds Tot•1 Total 31-Dep21 31-Dec-20 Accrued Income.. Grt tax Security Depc6fc Staff Loan 5.877 3.600 1.450 5.877 2.716 1,450 2,000 •. CREDITORS: AMOUNTS FAiUNG DUE wm1114 ONE YEAR Unresmctoj Restncted Fund Fund Trtal 31-Detr21 Trt•l 31-Detr20 Lndependent Exam1rS Fee5 954 954 930 954 954 930 g. AFF cosrs A14D PIUMBERS The oFerates a PAYE xh, as detail&1 below: 20Zi 2020 Gross Salarfes Ernployer's Natlonal Insuran Costs Employer's Pension ContrttwJtbns Employer's A15owèn Other Staff Costs (Rent and Rates as part of remuneratkn package) 35,613 2.478 2.854 (2,478) 23.988 34.572 2.357 2,832 12,3571 25.210 455 614 EmpK)yees were wgaged in the foll¢)Y¥ing actsls.. 2021 TOTAL 2020 TOTAL ActlvlYes In furtlwarKe IY orgaNsaY(ffiS objects No ernployees rec¢e1 emduments In excess of £60,IK)O. 12
VIP4E EVAf4GELICAL CHiIRCH (SEveNOAKS) (A COMPAPIY LIMITED BY GUARAfuEE) NOTES TO ThE FINA14CIAL sfATÈMEpifs {contlnued) FOR THE YEAR ENDED 31 DECEMBER 2021 10. DIREcfoRS AND QThER RELATED PARTIES One of the directors {untS1 hts re&gnation from the Pwrd In September 2021) is also a dlrector of Sevenoaks Aa Ywth Trust, to wh¢)m the churth made dwaions durw the year tctsNlrvJ £1.980 12020: £1.915). Induded in Outreach & Mission in Note 4. Ah)ther drtOr 1$ also a director ¢A Sevenoaks Chttstian Cwnselling SeryKe, to hc the chuvch rn&le donaon5 durlng the year totalling £2,455{2020.. £2.3951. Thts is alsg induded in Outreath & Mlssion In Noie 4. He was aW treasurer urtVI 30th June 2021 (but he & not o director) of Sevenoaks Aw Ywth Tnjst. A third dlrector and hts SpSe are employees (t directo) of Reachkross IVXI, to whorn the crth made donalb?ns during the year t4)tslling £9.050 (2020.. £7.0751 whh i iluded in Commended Worker5 in Note 4. (kher than thi5, payrnents Vre made to dirertor5 w any pews ConCted with thern durfng thls finandal pedod. No Mater1 transaction t(xpk place btheen the organisation and a dirwK or any person conntttsd with them. During the year, dlrectors and rtlatrd per50rs made don0 to the drity talling £17,70512020.' £22,050). 11. IIISK ASSESSMENT The d1CtorS actfvdy revlew the maier risk5 whith the dwrlty fa on a regular basi$ and telSeve that mairtainlng the free reserves stated. comblned with the an0 re¥W of the coniwols over kèy financial Syst$ carried out on 4n annual basi$ will provide sufflclent resrceS in the e¥eTrt of adverse Condit5. The directrms have aLqo exarnlned other operatlonal and business rsks whkh tty frfe orxl cffifirm that have estsblished $ystery to rn193te the signfficant ry5ks. 11 RESERVES POLICY The directors have tamsideTed the levd of reseryes they to retain. appropriate to the charity¥ needs. Thi5 based on the chartty'5 sie and the e1 of financial c¢Jnmitments held. The dlrertors aim to ensure chartty will be able to continue to fvlfil Its charitsble CectIveS even If the Is a temkwdry slwxtfall In Irn¢ or unexpetted expendthre. The dlrectors will ern1eavtXLr not to set ask1e Jnds nceSSaly. 13. PUBLIC BENEFIT The charlty ackntrwOes its requirement to demmstrate Crt¥ that f( Must have Charitab wrposes 'JIM5, that are for the public benefit. Detsils of how the tharity has aehieved th are provided in the report of the dlrectors. The dlrectors conflmi that they have pald due ward to the Char Comrnisslon guidance on public tenefit before declolng what actyvitie5 the charity shwld tsndertake. 14. NON ADJUSTING P¢)ST BAL4PKE SHEEf EVEI After the year ernl. the charity was very grntefiJl to be inforrrd of a kqacy due to in the sum of £25.000 which wa5 sbseqUenY recelved on J5th February 2022. 13
VINE EVA14GEUCAL CHURCH (SEVE140AKS) (A ¢OMPA14Y LIPIITED BY GUAIIANTEE) INDEPE14Dfpir EXAMINER'S REPORT 014 THE Kcouiirs I report to the Char trustees on my ey3mlnath)n crf the aCCnts of Vine Evanka1 Cmrch (Sevenoaks) for thè yeaT ended 31 December 2021. RESPONSIBILITIES AND B&iSIS OF REPORT the Char,5 trustee5 (who are also the dectors rpanY for the wrp(15es of £LpanY Uiwl, you are Sponsible for the preparntion of the Unts In acCOrdar with the requiremen15 of Companies Act 2006 Pthe 2006 Havlno sadsne¢ myself that a(twnts a requw to be audlted for this year under Part 16 of the 2006 Att and are eligible for Indendent examlThatlon, I repxt in pett of my examination of your chartrs aCntS as carried out under se¢(lon 145 of the Charities Act 2011 1.the 2011 Art?. Ln tarrying my examinatth, I have follov& the 0lrect1cS gwen by the Charity Cc#nmWJn {undu sertiw 145{5)(b) t 2011 Act. INDEPENDENT EXAMINER'S sfATEMENT I have completed my examination. I £CrM that Tr) Trjotrrial rnatt5 hève come to my attentlon whlch gNe5 rre tause to believe that: accountlng recLYd$ were nct kept In KccdJThCe with sethon 386 of the Companles Act 2006,. or the accojnts do nrt occ0 such reccffjts,. or the accounts ¢Jo ¢ornpty wlth e¥art zccountin9 requirwnents under seaion 396 cl the Ccffjpans Art 2006 other than any requlrernent that the nts glve a Yrue and fair YV is a matter c¢xsldered as part of an Indeperbdent examlnatlon; or Ihe accounts have not been PPared in accOrdae with the SCRP IFP51021. I have no concerns and have come aer(tss N> frther matters in Con[ctIon with the exaninauon to whth attentlon should be drawn In thls report In order to enable a proper understanding of the xctyJrts to be weached. J IfNe-sMith FCIE Independenl Exarniners Ltd Unrt 2 The Pffja1brldge Buslness Centre Delliry Lare Bosham West Sussex POIS 8NF Date: 24th Max.2022 14