RII GIST￿￿4 D COMPANY NUMBEI R: 02803324 (Engl*nd and Wales)
REGISTERED CHARITY f4uMBER: 1130052
rt ofthe
tees and
itsd Fili
cial Statements
foi. the Ygar Ei)d
31 Marth2
for
Ashmol¢ & Co.
Chartere41 Ceitified Ac¢ouJitants
The Old Soliool
The Quay
Carmarth6n
Caniiarthenshire
SA313LN

lait
Con
nts of the Final￿la1 Stat
for the Year Bnded 31
en
20
Report of the Trusl¢es
I to 3
Indepe1￿ent Examiner's Report
Statement of Finanknlal Activities
Balanc¢ Sheet
6 to 7
Notes to the Financial Stat¢mBnts
8 to 12
Dethiled Sts¢ement of Financial Activities
J3 to 14

laith C f edi
ort of the T tres
h 2025
Th¢ trust¢e5 who are also dii'ectois of the charity for the piirposes of the Compani¢s Act 2006> pr¢sent their repoit with
the financial staten)¢iit8 of the clwity for the year ￿]ded 31 Maich 2025. The trustees have adopted ihe provisions Df
AGcounting and Reporting by Charities: Statement of ReGommended PraGtice upplicabje to charities preparing their
8ccoui)ts in acrordaiice with the Financial Rcportillg Standard RppIAoable in tlie UK and Republic of Ireland (FRS 102)
(eff¢ctiv¢ l January 2019).
OBJECTIVES AND ACTIV￿[￿4 S
Objeetlvt8 umd #lnys
Thc. Charity's principaI alm is to pmmote, direct and reseaTGh into rnatters relevant to the Welsh language in Wale4 in
addition to regional and niinority languages, to prornote and ¢xtend edu¢ational activiti¢s, training and development
projeots within Wels11 society and beyond, ii) conne¢tioii with the Wclsh language ￿)d regioijal ￿)d minority languagcs,
to promote and extend public oduration in lai)guage schemes, bilti)guaIism and niultilingualism,
Publie benefit
Thc Charity provides & benefit to the public by giving advice, 8SSlStance and services on every siibject i'¢I¢vE￿t to the
promotioii and use of regional ￿)d minority languag¢s. The trustees have considered the guidelines given by the Charity
Commission on public benefit.
ACHIEVEMENTS AND PERFORMANCE
Charitable activfitie8
A roview of succcss and perforniances of the cliarity was given by the chairman and njanoging directoi. at th¢ anniial
meeting. In bTi¢f tho Oh￿'lty IMS b¢ell able to fulfil its role fully this year and I￿S taken on & numljer of new full time
membeTS of staff to d¢liv¢r its projects and have moved all the staff ov¢r to the local authorities pe1￿10n sohetne.
FINANCIAL REVtEW
Invegtment policy and objectiv
The In￿t¢¢$' iiivosEment powcrs ai'g LFoveriied by ttie Memorai)dum and Articles of Assoclation. The trnstees have
policy of keepifkg any illfmi¢& by WY4y of liquid assets in 8hort-lerm. high interest, easily accessible deposit accounts. The
trustees are of th¢ opinion tbat th¢ Charlty doe5 not havc enough res¢rv¥s to ronsidgi. investing in any other ways at
pr¢seirt.
Reserves polley
Th¢ tnts¢¢es hc1ve estHblAshed a policy wher¢by gener&1 funds whlch fire not invested or committ¢d to fixed assets should
r¢prasent between 3 and 6 months of B¢n¢ial expenditure, averdging between £30.000 and £60,000 in reserve funds. At
this levol, tlie trwgteES f¢lt th¢ charity woiild be able to opei'&te in the event of a sub5tantiAI shortage of income. The
wmpany did not achieve the ￿￿et this y¢ar and liad -£40,81 I bLbind th¢ffl. The year ended 31 MaTch 2025 is the eighth
fu]1 of year of trading after a substantial irstrncthring programme, which is to keep a tight IK>ld on ov¢rheads, keep a low
nwnbei. of fuil time staff &nLI using freelance consultants to coniplete pi'ojects. The Company genei'ated a deficAt of
£168.705 in tbe year aftéi. taking out tlie defined beiiefit pension costs .The fil)￿￿(al ststenients are prep&r¢d oil the
assumptioii that tbe fj1141.ity will carry on as a going coiioern.
Funds In delleit
Tlir Gharity's results are reported in the S'tatement of Flnancial Adiviti¢s on page 8. The net d¢ficit or surplus from
ordiiwy 8btivitie5, bBfore 10s5es a¢cordiiig io insurance statistitis on the pension sohemc, ghows a deficAt of £137,705.
This is aft¢r a loss on the p¢n8ion of £3,000 (2024 loss of £5,000).
The trustees take the view that the PEiision schenie liabilities have been appropriately allowed for and are ￿nfIdent that
the deficit will be wiped out over the IoiJB i¢rm.
FUTURE PLANS
In bTiet]y, ieslrncturing the statTIng plan by rediicing tbe number of employ¢d staff and establish a core team of
consultants. The now struLtui'e will allow the company to continue to maintain and grow its capacity to carry oirt projeots
wliile keeping coi)trol of its ¢osts. Tlie company will prioritize growth, througli wini)ii)g new projects.
STRUCTURE, GOVERNANCE AND MANAGEMENr
Governing doLument
The charity is a company limited by gu817nte¢ wAthout sbares as defjned by lh¢ Companies Act 2006. li was
incorporatgd on 25th Mar¢h 1993 and beoan]¢ a r¢gistered Charity on the 9th Jiine 2009.
Page I

rtof
forth¢Y
Ended31 M r
2025
STRucfuRE, COVKRNANCK AND MANACEMKNT
Recruitment and appointment of new trusltes
Members of the board of trustees (who Éur also directots of the ohai'ity for th¢ pwpose of ¢ompany'5 legislation) who
served dllriiig tlie year and on thg date of the report and noted Above. A tLi￿le¢ is appointed by tlie members in ttii annual
e¢tiThg or by the Irustees when tt p05t becomes vacant. There must be at least three trustees biit thei'e is no rnaximum.
Organisation￿lstrllc￿re
A meeting of the board is held every quarter. The trustees l)av¢ appointed an administrative director to man¥Trge the
charity's day-to-day activities. The bo8JYI members guarp411te¢ to contribute a maxin)um of £1 to conipaiiy's &9sets shoLild
the ¢OJllpany be wound up.
Inductlon And training of new trusteos
When tiew trustees al'e appointed, they aye provided with information oil Élieir dutie5 and responsibilities. Tl)is iAoludes
training iii coimpany procedures and poliLie5 including an asscssm¢iit of their training nc6115. The Ch￿ilY has a poliry or
off¢ring specific trainirtg to ¢very tNsl¢e on hi5 or her role and responsibilities.
REFIREI NCC AND ADMINISTIiATIVE DETAII
Registered Company number
02803324 (Englmnd and Wal¢s>
Registered Charlty number
1130052
Registered office
Ui)eil 3
Parc Busnes Aberarad
Cast¢ll Newydd Bmly
Sir GE
SA38 9DB
Trttstses
G loan
D R Davies
S Wiltiams
A L Jones
E tKwis
S F,av¢s
CM Tomos
S M Tonios
Compxby Secretary
K E Jones
Jndependent Ex8mlner
Ashmol¢ & Co.
Chartered Certified Acwunlants
The Old School
The Quay
Camianlien
Carmarthenshire
SA3 I JLN
JIAnktrs
NaÉwest
4 Heol Fawr
Aberteifi
C¢r¢digion
SA43 INW
PAg¢ 2

ort of the Trustees
r the Year Ended 31
h2
25
Approved by ol'der of the board of truste¢s on ..........
and sigt)ed on its behalf by:
GI.
G Ioan- Trustee
Page 3

lftde
6nd¢nt Examinerfs Re
laith C
to ti ¢ Ti'u
e¢
ndependeJJt exjminer's report to tlie trustec5 of liith Cyfyngedig ('the Compllny,)
I ￿port to the cliarity trustees on my examiiiation of the aGLounts of the CO￿panY for the year ended 31 Marcli 2025.
Re$pongibilitiw bllsis of report
As the Gharity's trustees of the Ctsnipany (and also its dii'¢¢iors fK)i the p￿r￿SeS of compaiiy law} you are respoiisible for
the Prep￿.atiOn of the account5 in &ccoi'danLe with the rGquir¢ments of the Companies A¢t 2006 ('th¢ 2006 Act,).
Having %Llisfied myself that the accounts of th6 Company (ve not required io bts audited uiider Part 16 of th¢ 2006 Act
and are eligibl¢ for indcpelld¢nt' ¢xamination, I teport 1¢sp￿t of my examination of your Lharitys ac¢ounts as carried
out under Seb*ion 145 of the Charities Act 2011 ('the 201 I AGV), In carrying out rlly examination I have followed the
Directions given by the Charity Commission wider Section 145(5) (b) of the 201 l Act.
itndependent Qxaminor's statement
I hav¢ completed my examinatioll. I ￿1)r￿M thal Tho matters have conie to my attention in connection with tli¢
exanjination giving me Ga￿e to believe:
auwuntiDg ￿e0rdS V￿re not kept in iYspe¢t of the Compatiy as required by Sectioii 386 of the 2006 Atst or
the awounts do not accoNI with those reGords' or
the aceount5 do not wmply with the accountiiig i'gquiremciits of Section 396 of the 2006 otber than any
requirement that the a¢wiwts give a true and fair view which is not a maller Gonsid¢red as part of an independent
examinatioi)" or
the aGcounts have not been pr¢pared a￿OrdanCe with the metbods and principles of th¢ Statement of
Recoinmended Prnctice for acGountingY and rwrtiiig by GharitLeS (applicable to charities preparing their abcounts
ii) ac¢ordaThce with the Financial Reporting Siandard applicable in the UK aiid Republi¢ of Ireland (FRS 102)).
I l)ave no con¢erns &i)d have come 2cross iio oth¢r rnattei's xn connection with tlie exaniination to whiLI) attention sbould
be drawn in this r¢poAt iIi ord¢r to en4blc a proper und￿'standing of the a¢counts to be reached.
Carwyn Morgan Bsc FCCA
Ashmole & Co.
Chartered Certified Accountants
Thg Old Scljool
The Quay
Carmarthei)
Carlnarthenshire
SA313LN
Date: ...
PagG 4

Statemen
of Financi
ActAvities
e Year End
31 M￿'Ch 2025
31.3.25
Total
rund8
31.3.24
Totsl
fuiids
Unrestricted
fuiid
Restricted
fund
Notes
INCOME AiYD ENDOWMENTS FROM
Corona Virn￿ income and grants
29,660
29ffi60
ChAril'ible xdivil'ies
Projects
190067
190,867
407.454
Inv¢5tment income
208
208
54
Total
220,735
22D,735
407,5D8
XPENDrruRK ON
Rai8ing funds
1,629
ChArAtsble ac(ivllie5
Projects
358.440
358,440
368,840
358,440
358A40
370,469
NET tNCOMEI(II XPENDrruRE)
Ol'her recognised gainsl(lusses)
Actuarial gains oil defiiied b￿]efit scli¢iii¢s
(137,705)
(137,705)
37,039
27S,0011
275,IKIO
215,000
Npt movem*nt ltt funds
137,295
137295
252,039
RECONCILIATION of4 FUJYDS
Total fujids brought forww'd
669,017
669,017
416,978
TOTAL FUNDS CARIUED FORWARD
806J12
806?12
669,017
The not¢s forni pait of th¢8e fiThancial statemei
Page 5

ithc
nce sI￿t
arch 2025
31
31.3.25
TotDI
fund
31.3.24
Total
funds
Unrestricted
fuiid
Restricted
fund
Not¢s
FIXED ASSETS
Tangible assets
478
478
1.601
CiTRREwf ASSETS
Debtors
Cash at banlc and in hand
42942
300
42,942
300
109.482
87,257
43,242
43,242
196,739
CREDITORS
An￿Ullts fajling due within oJJe yvar
(122,408)
(L22,408)
(108,323)
NII T CURRENT ASSETW(LJABILITIES)
(79,166)
C19,166)
88,416
TOTAL ASSM LESS CURRENT
LIABILITIES
(78,688)
(78,688)
90,017
PENSION AsS￿{T
885,11011
885,000
579.000
IYEIT ASSETS
806J12
806J12
669,OJ7
FUNDS
Unrestricted funds
10
806,3J2
669,017
TOTAL ITUNDS
806,312
669,017
Th¢ charitable Gompany is entitled to exen)ption froThi audil undei. Section 477 of the Companies Act 2006 for the year
ended 31 March 2025.
Ttie members tsav¢ not required the company io obtsill fffj audit of its fittancial atat¢mGnts for the year ended
31 Mar¢h 2025 in accordanoe with Section 476 of ilie Companies Act 2006.
Tli¢ triistees acknowledge their resw>iisibilities for
(a)
ensuring th&t the charitable conipany keq)s accountiiig rccords thai comply with Sections 386 387 of the
Compani¢5 Act 2006 and
pr¢paring ftAancAal statements whiLli give a true aiid fair view of the st&tr of affairs of Ihe ohAritsble company
at the end of eaoh fliv￿cIal year and of its surplus or deficit for each finaiitsial year in accordance with the
rwuirem¢nts of S6¢tioiis 394 and 395 and which otherwise comply with the r¢quireihenls of the Companies Act
2006 relating to fLAancial statements, so far as appliLuble to the charitabl¢ cO(npany.
(b)
The i￿teS form part of these finaiicial statemgnts
Paxe 6
continued...

ait
Balance Slieet-
arch 2025
inue
Thgse financial statem¢nts have been prepared iii accordan¢¢ with tlie provisio￿8 applicable to charitsble companies
subject to the sinau ¢ompani¢s regiine.
The fiiMnGial statements were approved by the Board of Triistees and authorised for issue
and were sigiicd on its belialf by:
on
G loan- Trustee
The notes form part of thes6 fLnancial statements
Page 7

laith
Notes to the Finw)ci
fort
Year E ded 3
tements
TArcb 2025
ACCOUNTINC POLICIES
Bpsis of preparlng the fmgneial statemonts
Th¢ fin4ncial stateinents of the charitable company, Ivhiknh is ll piiblic bonefit entity under FRS 102, have been
propared in aGGord&n¢e with the Cliarities SORP {FRS' 102) 'AG¢ounting and Reportiftbi by Charities: Statement
of Recon)mended Pr¢1Ctice applicable to charities preparing their Aecounts in ￿l01'dan(C with the Fitythii¢ial
Reporting Starjdard appliGable in the UK atld Republi¢ of Ir#land (FRS 102) (eff¢otive l Jalluary 2019),,
Fiiiw]Gial Reportiiig Staiidard 102 The Financial K¢porting St&ndard appli¢able u) the UK and Republic of
Ir¢land' and the Companies Act 2006. The financial statements hNve been prepared under the histoi'i¢al cost
onvention.
ri InanclAI reporting stsDdard 102- roduLYd d￿r10s￿re exempl'ions
The charit4bl¢ compwiy has taken advantage of th¢ following disclosure ex¢rnptiollS in preparing these fjnanGial
statemei)ts. &s pei'mitted by FRS 102 'Tlie Financial Reporlihg Standard applicable iii thL UK ￿ld Kcpublic of
STelalld':
the tequirenients of Section 7 StaÉement of Cash Flows.
the requirement of parwHpth 3.17(d)'
the requir¢meiits of pardLiraphs 11.42. 11.44, 11.45, L1.47, 11.48(aXiii}, 11.48{a)(iv), 11.48(b) ￿]d
11.48(c)'
tbe requirenients of p&r8gr2phs 12.26, 12,27, 1229{a). 12.29(b) and 12.29A'
th¢ requirement of parngraph 33.7.
Income
All income is recognised in th¢ Stst¢ment of Financial Activities onGe the charity has ¢ntitlement to the funds, it
is probable that the income will be received and the amount can be measured ￿lIablY.
Exi)endlture
Liabilities al'e r￿ognised as expeLiditure as soon as there is a legui or constrLicliv¢ obligatioii committitsg the
charity to that exp¢nditure, it is pi'obable that a trnnsf¢r of economic ￿nefItS will bo I'equired in 3ettlem¢nt and
d)e amount of the obligation oan b¢ measured reliably. Expendityre is a¢coiuit¢d ftir oil an accruals basis and has
been Classified iindei. headings that &ggr¢gate all cost related to the category. Where costs cannot be dir¢¢tly
attriblllcd to particular Iieadings tliey ha￿ beeii alloGated to activities on a basis ¢onsiskn?t with the use of
resources.
Tangible fixed Assets
D¢pre¢iation is provided at the following anniwj rates in order to write off each asset over its estimated useful
lif¢.
Fixtures and fittlngs
Computer gquipm¢At
200/0 on cost
33Yo on Gost
Tax*tion
Th¢ chw'ity is exempt from coipoi%tlOLI tax on its ¢haritable activities.
lind #ccounling
Unrestricted fjjnds can be usd in ac¢ordance witli th¢ charltable objective5 at the discretion of th¢ tru5t¢es.
Restrictsd funds can only be used for particulw regtricted purposes within the obje¢ls of thr charlty. R¢stricliorts
arise when specified by the donor or wh¢n furnds are r8i5ed for patiGular restricted PUfpDses.
Further ¢xplanatioi) of the nature and purpose of ¢aoli fLwd is included in the IlOt¢s to the fiiian¢ial Statements.
Hlre purchAse And leasing eommltments
Rentals paid under op¢Tating leases are ch&rged to the Statement of Financial A¢tivitffies on a straight line basis
over tlie period of the lease.
Page 8
continu¢d...

laith C
to the Fin
ial Statemelltg- continued
Endd 31 March 2025
ACCOUNTJNG POLICILS- ¢ontinued
Pension Cost5 And other post-retfirement b¢n¢flts
The ohai'itable ￿Mpally operntes a defined contribution p¢nsion scheme. Contributions payable to the charitable
comyartvs pension scheme are charged to the Finan¢iAI Activities in ihe period to Mdiicli they i'elat¢,
INV.ESfMENT INCOME
31.3.25
31.3.24
Deposit account Irtterest
208
54
NEI T INCOMEI(KXPENDITURE)
Net inwmeJ(eXp￿Iditure) 19 5tat¢d after chaiEinBI(cr¢ditiiig):
31.3.25
31.3.24
Auditors, r¢n)w)er&tion
Oth¢r assurance serviceg
Depreoiation - owii¢d agset8
Travelling
1,000
2,207
1.123
6,582
,000
1,965
2,119
5,692
TRUSTEES, RKMUNERATION AND BENEFfTS
Therv were no trustees, remuneration or other benefits for the year ejided 31 March 2025 nor for th¢ ycar cnded
31 March 2024.
Trustee5' expensey
Tliere werc no trustees, expenses paid for the year ended 31 March 2025 nor for the yeai. elided 31 March 2024,
srAFF cosrs
The ave17g¢ monthly number of employces during the year was as follows..
31J.25
31.3.24
Project
Support
No rmployees re¢¢ived emolum¢nls in exbess of £60,000.
Page 9
¢ontinued..

ithc
tes
o fti
for
¢Y¢
Fina
r Ende
Ic
h202
ANG[BL￿ 17IXlI D ASSIC]3
Fixtiires
thd
filtings
Compiiler
equipnient
Totals
cosr
At l April 2024 and 31 March 2025
51,191
54,593
105,784
DEPRECIATION
At l April 2024
Charge ftir year
51,191
52992
1,123
104,183
1,123
At 31 P￿tarch 2025
51,191
54,115
105,306
NII T BOOK VALUE
At 31 2025
478
478
At 31 March 2024
1.601
DEn￿RS. AMOUTrITS FALLINC DUE WITHIN ONLI YEI AR
31.3.25
31.3.24
Trade debtors
42,942
109,482
CREDITORS: AMOUNTb' FALLING DUE WITHIN ONLI YKAR
31.3.25
31.3.24
Bank loan8 and ov¢rdrnfts (see note 9)
OtlieL loans (see note 9}
Trade crixlitors
Social security aThd other taxes
VAT
Other creditors
ArGrll¢d expenses
41,106
20,737
26,313
lQ,182
16,858
&2A2
2,000
30,730
23,687
5,447
41,817
4,642
10(io
122,408
108,323
LOANS
An analysis of the maturity of loans is given below.
31.3.25
3l.3.24
Amounts falliiig due within oiie year on demat)d:
Bank overdrafts
Other loans
Loans due within 2-5 years
41,106
10,817
9,920
9,749
20,981
61,843
30,73Q
Page 10
continued,..

Iaith
N tes to the Fiiiaiicia
thé Year Bnded 3
ents - continued
March 2025
MOVEMEIYT IN FUNDS
N¢t
rnovenien¢
in funds
At
31.3.25
Al 1.4.24
tjnrestricted fund8
Geiieral fuiid
669,017
137,295
806012
TOTAL FUNDS
669,017
137A9S
806,312
Net movement in funds, Arjcliided in the 41bov¢ are hs follows:
Inwming
r¢sources
Resources
expended
G￿1n5 and
05ses
Movement
in fwids
Unrestricted funds
General fund
220,735
(358,44
275,ObO
137,295
TOTAL FUNDS
220,735
1358,440)
275,000
137295
Comp8ratiY¢S for moven)en¢ Sn fullds
Net
movement
in funds
At
31.3.24
At 1,4,23
Ullrestrieted fund5
Geiieral fund
416,978
252,039
669,017
TOTAL FUNDS
4L6,978
252,039
669.017
Comparative net movemeot in funds, included in the above are as follows..
Incoming
Re50wres
expeiided
Gains arjd
losse8
Movement
in funds
Vni'estrlcted thnds
Cvgneral fund
407,503
(370,469)
215,000
252,039
TOTAL FUNDS
407,508
(370,469)
215,000
251039
Pagell
Continued...

otss to tl)e fin
for
eye
Ic al Sta
¢inei)
31 March 2025
nu
io.
MOVEMENT IN WUNDS- contiThued
A oiwrenl y¢ar 12 tnonths aNd pi'lOT ye4Y 12 rnontbs wmbined position is as follows:
Net
movement
in funds
At
31.3.25
At A,4.23
Unrestrlcled funds
Gelleral fund
416,978
J89,334
806,312
TOTAL FUNDS
416,978
389,334
806J12
A current year 12 months and prior year 12 months Lombined n¥t rnovetneiit in funds, included An the above are
as follows..
Resourcgs
exp¢nd¢d
Gaiiis and
losses
Movenient
in fui)ds
r￿OUrce
Unrestyicled funds
Genernl fund
628,243
{728.909)
490,000
389,334
TOTAL FUNDS
628,243
(728,909)
490,1)00
389,334
CMPLOYEE BEIYEFFf OBLIGATIONS
31,3.25
31.3.24
Mtrket value of the assets
Preseiit vale of the liabllities
(2,181,000)
3,066.00
(2,405,000)
2,948,000
Surplus in the peiision schvm
RELATKD PARTY DISCLOSUk]LS
There were no r¢lated pw trwiwtions for the yw ended 31 M￿h 2025.
885,000
579,000
112.
Page 12

Detaile
tatemeDt of
e Year Endd 31
inaiici
l Activitie5
2025
31.3.25
31.3.24
INCOME AND ENDOWMEI NTS
Corona VITUS income and grants
29,660
tnvestment income
Deposit account interest
54
208
Charlknble activities
Edii¢ation and training
Research
Con5ultan¢y
59,574
71,621
59,672
84,282
182,402
140,770
190,867
407,454
Total ineorning YesourccB
220,735
407,508
XPENDITURE
Other trAding activiti
Bad debts
1,629
Charilabl¢ Aetlvities
Wages
Social security
P￿ls1¢)￿S
Travellin
Development and res¢arch fees
215,817
17,565
41,635
6,582
39,946
208,956
16.701
42,897
5,692
53,584
321,545
327.830
Support costs
Maua%ement
Wages
Social security
Pensions
Rat¢s and watsr
Insurnicr
LAghl and heat
T¢lephone
Postage and stationery
Suiidries
Hire of rooLllS
Rep&iis and i'eiiewals
Subsrriptions
Incom¢ PTOt¢¢tion fte
Donatioi]s
Con]put¢r maint¢nanGe
Carried forward
22,280
1,819
6,328
4,987
1,881
2,12A
504
2,406
2,018
1,487
136
227
2,D45
70
9,472
57,781
20.295
1,149
4,010
5,121
2.016
J,925
482
2898
1.316
650
150
1,224
1,908
50
9,154
51,948
This page does not form part ofthe statutory financial statcm¢nts
Pag¢ J3

lai
Detailed S t
me
It of fin
for the Year Ended 31
ar
vi
Les
25
31.3.25
31.3.24
Management
Brought forward
Computer equipm¢nt
Expected r¢tum on peiisioii scheme a5s¢ts
Intsrest on pension schem¢ liabilities
57,781
1,123
(146,000)
IJ 8,000
51,948
2,118
(129,000)
111,000
30,904
36,066
nAnce
Baiik Charges
2,129
1,090
Govern4nee cost5
Auditors, r¢tnunoration
Auditor5, remuneration for non audit work
Bank loan interest
1,000
2,207
655
1,000
1,965
889
3,862
3,854
Total resources expended
358,440
370,469
Net (expenditui'e)Ilncome
(137,705)
37,039
This page does not form part of the statutory financial statements
Pag¢ 14