All Saints Church, Wellingborough
End of Year Financial Statements
Year ending 31/12/2024
Incumbent Revd Canon Paula York MA
Bankers Lloyds Bank Plc Market Street Wellingborough
Page 1
| Index | Page |
|---|---|
| Membership of the Parochial Church Council | 3 |
| Review of Activities & Future Aims | 4 |
| Structure,Governance and Management | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet as at 31 12 2024 | 7 |
| Accounting Policies | 8-11 |
| Statement of assets and liabilities | 12-13 |
| Analysis of Income and expenditure | 14-17 |
| Report of the Independent Examiner | 18 |
Page 2
During the year the following served as members of the PCC
Incumbent Revd Canon Paula York MA Associate priest Revd Canon John Westwood Wardens Mr Mike Jennings Mr Bob Townson Vice Chairman PCC Treasurer Mr Christopher Haynes PCC Secretary Miss Karen Leveridge Reader Mr Chris Butts Licensed Pastoral Mrs Pat Thomas Minsters Parish Evangelist Mrs Helen Jennings Representatives on Mrs Sue Mutlow Deanery Synod School Foundation Mr Ian Barrett Governors Mrs Pat Thomas Mr Bob Townson Elected Members Mr Clive Adams Mr Christopher Haynes Mr William Jenkin Mr Michael Jennings Mr Steve Till Miss Karen Leveridge Mr Ian Barrett Mrs Lynda Norris Mr Robert Allen Mrs K Gonshing
Page 3
Annual report
During 2024 both All Hallows and All Saints Churches have had another active year. At All Saints the Church Hall has continued to be unavailable which has impacted on activities due to lack of facilities and suitable space. Our Insurers have been working hard to get this resolved and there has at last been positive developments, with the first phase of repairs beginning early in 2025. During the year All Saints have held two open church events which have been well supported by the community. The first was for St George’s Day and the second a Harvest of Hands event celebrating local crafts.
At All Hallows the Summer and Autumn Fairs were well received. In addition, the Mothers’ Union and friends produced a spectacular cascade of poppies display outside All Hallows church which was used to launch the town Poppy Appeal. This group continue to meet for Knit and Natter sessions monthly.
Our work with young people through the Benefice pre-school group, Little Acorns as well as All Saints Sunday Young Eager Saints group is flourishing. Both church choirs have had several junior members enrol during 2024. Our work with All Saints School continues and this year they achieved a ‘excellent’ rating in the SIAMS inspection – a cause for celebration. All Hallows Coffee Shop is open 4 mornings a week providing refreshment and fellowship. All Hallows Hall is breaking even again with an increase in bookings and careful management by the caretaking/cleaning team. The older members of All Saints congregation enjoy a monthly Tea@2 meeting at St Andrew’s Church Hall.
The All Hallows Organ Restoration Project is progressing well with over £22,000 raised so far and lottery and grant bids in progress. At All Saints the PCC are exploring the possibility of reordering the church to provide the flexibility we need to expand our outreach. We also plan to launch Messy Church at All Saints in the summer of 2025.
Finances in both parishes remain a challenge with ever-increasing energy bills and the challenge of paying our Parish Share, but we continue to work hard in challenging circumstances to meet our running costs as well as investing in mission. This work has been boosted this year with a substantial legacy receipt for building outreach projects at All Hallows.
We look forward to 2025 with hope.
The Reverend Canon Paula York
Page 4
Structure, governance and management
Committees
The PCC operates through a number of committees that meet between full meetings of the PCC.
Standing committee
This is the only committee required by law. It has power to transact the business of the PCC between its meetings subject to any direction given by the council.
Development committee
This committee's remit is to form a vision for the future of the church. It is focusing on looking at ways to make our building space more flexible for worship and other events.
Finance committee
This committee meets to discuss the finances of the church and assist the Treasurer.
Hall committee
The Hall committee attends to matters relating to the Church Hall and assists the Hall Booking Clerk.
Liturgy and Worship committee
This committee attends to matters relating to ministry within the church, including forms of worship.
Maintenance committee
This committee attends to matters relating to the stewardship of plant such as church buildings and fabric, the churchyard and garden, the Vicarage and 3 Lister Road, formerly occupied by a curate.
Ministry team
The team attends to matters relating to the pastoral needs of the congregation and the local community particularly when individuals are in need of care and support. This might be offered through prayer, visiting or in practical ways.
Outreach and education committee
This committee aims to foster further Christian training and development, and cover the area of outreach, and support mission, ecumenical links and relief agencies.
Social committee
This committee attends to matters relating to events that bring the congregation together to meet and get to know one another better and provide opportunities for people on the fringe or outside to find out more about the church. These events might or might not raise funds.
Page 5
Statement of Financial Activities
| Unrestricted Designated Restricted Endowment Total Prior year funds funds funds funds funds total funds |
|
|---|---|
| Income and endowments from: Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income Expenditure on: Raising funds Expenditure on charitable activities Other expenditure Total expenditure Net income / (expenditure) resources before transfer Other recognised gains / losses Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Fabric Fund Hayden Smart Gift Messy Church Other Church Groups P M Ward Legacy Restricted Agency collection Choir Social Flame Appeal Little Saints Sunday Club Ted Adams Memorial Youth Project |
46,979 2,673 0 0 49,653 90,943 4,111 0 0 0 4,111 4,232 1,560 0 0 0 1,560 229 9,411 7,463 (4,884) 0 11,990 26,448 32,556 0 0 0 32,556 24,957 |
| 94,619 10,136 (4,884) 0 99,872 146,809 735 0 0 0 735 660 89,930 1,760 0 0 91,690 86,399 430 0 0 0 430 961 |
|
| 91,095 1,760 0 0 92,855 88,020 |
|
| 3,523 8,376 (4,884) 0 7,016 58,789 |
|
| 3,523 8,376 (4,884) 0 7,016 58,789 |
|
| 55,409 158,857 25,343 0 239,610 181,637 |
|
| 58,933 167,234 20,459 0 246,626 240,426 58,093 0 0 0 58,093 55,409 0 33,899 0 0 33,899 34,186 0 252 0 0 252 252 0 2,673 0 0 2,673 0 0 587 0 0 587 587 0 129,821 0 0 129,821 123,831 0 0 (124) 0 (124) (124) 0 0 180 0 180 180 0 0 2,862 0 2,862 2,828 0 0 61 0 61 61 0 0 167 0 167 167 0 0 17,016 0 17,016 21,934 0 0 295 0 295 295 |
Page 6
Balance sheet
| Total funds Prior year funds |
|
|---|---|
| Fixed assets Tangible assets Current assets Investments Cash at bank and in hand Liabilities Creditors: Amounts falling due in one year Net current assets less current liabilities Total assets less current liabilities Total net assets less liabilities Represented by Unrestricted General fund Designated Fabric Fund Other Church Groups Hayden Smart Gift P M Ward Legacy Messy Church Restricted Choir Social Flame Appeal Friends of All Saints Little Saints Sunday Club Ted Adams Memorial Youth Project Agency collection Funds of the church |
25,905 25,905 |
| 25,905 25,905 169,613 171,677 52,333 43,685 |
|
| 221,947 215,363 2,066 1,659 |
|
| 2,066 1,659 |
|
| 219,880 213,704 |
|
| 245,786 239,610 |
|
| 245,786 239,610 58,093 55,409 33,899 34,186 587 587 252 252 129,821 123,831 2,673 0 180 180 2,862 2,828 0 0 61 61 167 167 17,016 21,934 295 295 (124) (124) |
|
| 245,786 239,610 |
Page 7
1 ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP (FRS 102).
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.
Incoming resources
Voluntary income and capital sources
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under covenant is recognised only when received.
Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due.
Funds raised by the fete, garden party and similar events are accounted for gross. Sales of magazines from the church are accounted for gross.
Other ordinary income
Rental income from the letting of church premises is recognised when the rental is due.
Resources expended
Activities directly relating to the work of the church
Costs of generating voluntary income comprise those costs directly attributable to generating incoming resources for the charity and include staff costs and attributable overhead cost.
Charitable activities expenditure represents the overhead and staff costs incurred for the furtherance of the charity's objectives as stated in the annual report. Expenditure is shown gross, inclusive of unrecoverable VAT and is charged on an accruals basis. Costs are allocated to the particular activity that directly relates to it. Where costs cannot be directly attributed they have been allocated to activities on a basis consistent with the use of the resources.
Page 8
Governance costs are those incurred in connection with the management of the Parochial Church Council of All Saints, Wellingborough's assets, organisational administration and compliance with constitutional and statutory requirements.
Fund accounting
Restricted funds are to be used for specified purposes laid down by the donor or by the purpose of the appeal. Expenditure for those purposes is charged to the fund, together with a fair allocation of overheads and support costs.
Unrestricted funds are donations and other incoming resources received or generated for expenditure on the general objectives of the charity.
Fixed assets
Consecrated land and buildings and movable church furnishings
Consecrated and beneficed property is excluded from the accounts by s.10(2) of the Charities Act 2011.
No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.
Other fixtures, fittings and office equipment
Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual terms of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.
Current assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible.
Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.
Church Workers Pension Fund (CWPF) December 2020 Year End
All Saints participates in the Pension Builder Scheme section of CWPF for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the Employer and the other participating employers.
The Church Workers Pension Fund has a section known as the Defined Benefits Scheme, a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014.
Page 9
Church Workers Pension Fund (CWPF) Draft FRS102 Wording - December 2024 Year End
All Saints Church participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.
CWPF has two sections:
-
the Defined Benefits Scheme
-
the Pension Builder Scheme, which has two subsections;
-
a. a deferred annuity section known as Pension Builder Classic, and,
-
b. a cash balance section known as Pension Builder 2014.
Pension Builder Scheme
Both sections of the Pension Builder Scheme are classed as defined benefit schemes.
Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.
Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2024: £1086, 2023: £992).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997; and a bonus on pensions in payment in respect of post April 2006 service so that the pension increase was 2.7% (where usually it would be calculated based on inflation up to 2.5%). This followed improvements in the funding position over 2024. There is no requirement for deficit payments at the current time.
The next valuation is due as at 31 December 2025.
Page 10
For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.
The legal structure of the scheme is such that if another employer fails, All Saints Church could become responsible for paying a share of the failed employer’s pension liabilities.
Page 11
Statement of assets and liabilities
| This year Last year |
|
|---|---|
| Tangible assets Lister Road Property General fund (Unrestricted) - Total for Tangible assets Cash at bank and in hand Lloyds Bank current account Fabric Fund (Designated) - Hayden Smart Gift (Designated) - Messy Church (Designated) - P M Ward Legacy (Designated) - Ted Adams Memorial (Restricted) - General fund (Unrestricted) - Agency collection (Restricted) - Lloyds Bank Current account Church Hall General fund (Unrestricted) - Lloyds Instant Access Choir Social (Restricted) - Fabric Fund (Designated) - Little Saints (Restricted) - P M Ward Legacy (Designated) - Sunday Club (Restricted) - Ted Adams Memorial (Restricted) - Youth Project (Restricted) - General fund (Unrestricted) - Lloyds 30 Day Notice account General fund (Unrestricted) - Flame Appeal Flame Appeal (Restricted) - Other Church Groups (Various) Other Church Groups (Designated) - General fund (Unrestricted) - Total for Cash at bank and in hand Investments Wellingborough All Saints PCC 013883001S Fabric Fund (Designated) - P M Ward Legacy (Designated) - Ted Adams Memorial (Restricted) - General fund (Unrestricted) - Total for Investments Creditors: Amounts falling due in one year Accounts Payable General fund (Unrestricted) - |
25,905 25,905 |
| 25,905 25,905 |
|
| 25,905 25,905 831 1,784 252 252 2,673 0 5,712 2,535 469 (132) 6,064 3,570 (124) (124) |
|
| 15,880 7,886 10,176 10,981 |
|
| 10,176 10,981 180 180 3,216 3,216 61 61 7,075 6,958 167 167 264 264 295 295 266 (1,366) |
|
| 11,526 9,776 11,763 11,625 |
|
| 11,763 11,625 2,862 2,828 |
|
| 2,862 2,828 587 587 (462) 0 |
|
| 124 587 |
|
| 52,333 43,685 29,852 29,185 117,033 114,337 16,282 21,803 6,445 6,352 |
|
| 169,613 171,677 |
|
| 169,613 171,677 (2,066) (1,659) |
Page 12
| Total for Creditors: Amounts falling due in one year Grand total |
(2,066) (1,659) |
|---|---|
| 245,786 239,610 |
Page 13
Analysis of income and expenditure
| Total | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | |
| INCOME AND ENDOWMENTS | ||||||
| Donations and legacies | ||||||
| Gift Aid - Bank | 21,970 | 0 | 0 | 0 | 21,970 | 25,309 |
| Gift Aid - Envelopes | 6,111 | 0 | 0 | 0 | 6,111 | 2,406 |
| Loose plate collections | 2,321 | 0 | 0 | 0 | 2,321 | 2,944 |
| Income for missions | 692 | 0 | 0 | 0 | 692 | 469 |
| Donations appeals etc | 4,470 | 0 | 0 | 0 | 4,470 | 2,154 |
| Tax recoverable on Gift Aid | 8,910 | 0 | 0 | 0 | 8,910 | 7,496 |
| Legacies | 0 | 0 | 0 | 0 | 0 | 49,785 |
| Non-recurring one-off grants | 0 | 2,673 | 0 | 0 | 2,673 | 0 |
| Sundry | 2,301 | 0 | 0 | 0 | 2,301 | 191 |
| Income bell ringers | 200 | 0 | 0 | 0 | 200 | 120 |
| Income Choir All Hallows | 0 | 0 | 0 | 0 | 0 | 65 |
| Total | 46,979 | 2,673 | 0 | 0 | 49,653 | 90,943 |
| Income from charitable activities | ||||||
| PCC Fees for weddings and funerals | 668 | 0 | 0 | 0 | 668 | 903 |
| All S | ||||||
| PCC fees for weddings and funerals | 1,371 | 0 | 0 | 0 | 1,371 | 1,119 |
| All H | ||||||
| Locum Fees Wedding & Funerals All | 272 | 0 | 0 | 0 | 272 | 0 |
| H | ||||||
| Travel Expenses for Funerals All S | 100 | 0 | 0 | 0 | 100 | 160 |
| Travel Expenses for Funerals All H | 200 | 0 | 0 | 0 | 200 | 80 |
| Organist Fees Weddings and | 85 | 0 | 0 | 0 | 85 | 320 |
| Funerals AS | ||||||
| Organist Fees weddings and | 435 | 0 | 0 | 0 | 435 | 560 |
| Funerals AH | ||||||
| Verger Fees Weddings and Funerals | 120 | 0 | 0 | 0 | 120 | 280 |
| AS | ||||||
| Verger Fees Weddings and Funerals | 440 | 0 | 0 | 0 | 440 | 320 |
| AH | ||||||
| Contribution to heat & light All S | 70 | 0 | 0 | 0 | 70 | 210 |
| Contribution to heat & light All H | 350 | 0 | 0 | 0 | 350 | 280 |
| Total | 4,111 | 0 | 0 | 0 | 4,111 | 4,232 |
| Other trading activities | ||||||
| Fundraising | 1,272 | 0 | 0 | 0 | 1,272 | 179 |
| Magazine income - advertising | 224 | 0 | 0 | 0 | 224 | 40 |
| Parish magazine sales | 63 | 0 | 0 | 0 | 63 | 10 |
| Total | 1,560 | 0 | 0 | 0 | 1,560 | 229 |
| Investments | ||||||
| Increase in share unit value | 93 | 3,362 | (5,520) | 0 | (2,064) | 13,510 |
| Bank and building society interest | 318 | 4,100 | 635 | 0 | 5,055 | 4,317 |
| Lister Road Rent | 9,000 | 0 | 0 | 0 | 9,000 | 8,620 |
| Total | 9,411 | 7,463 | (4,884) | 0 | 11,990 | 26,448 |
| Other income | ||||||
| Insurance claims | 19,910 | 0 | 0 | 0 | 19,910 | 12,000 |
| Recharge income - clergy expenses | 1,737 | 0 | 0 | 0 | 1,737 | 2,362 |
| Recharge income - Photocopying | 694 | 0 | 0 | 0 | 694 | 374 |
Page 14
| Recharge income - Telephone Recharge income - Parish Secretary Recharge Income Magazine Recharge Office costs Recharge Vicars Phone Recharge Sundry Income Recharge Organist Recharge Choir Recharge Church Maint Recharge Vicerage r/r Total |
672 0 0 0 5,486 0 0 0 92 0 0 0 0 0 0 0 130 0 0 0 85 0 0 0 3,690 0 0 0 0 0 0 0 0 0 0 0 57 0 0 0 |
672 396 5,486 5,137 92 308 0 42 130 166 85 65 3,690 3,190 0 50 0 597 57 267 |
|---|---|---|
| 32,556 0 0 0 |
32,556 24,957 |
|
| INCOME TOTAL | 94,619 10,136 (4,884) 0 |
99,872 146,809 |
Page 15
EXPENDITURE
| Raising funds Costs of fetes & other events 44 0 0 0 Payments Bell Ringers 200 0 0 0 payments choir 0 0 0 0 clergy travel All Saints 100 0 0 0 Clergy travel All Hallows 200 0 0 0 Bank Charges 191 0 0 0 Total 735 0 0 0 Expenditure on charitable activities Home mission 4,198 0 0 0 Choir & Music 880 0 0 0 Parish share 30,245 0 0 0 Organist Honorarium 7,130 0 0 0 Salary of Parish Secretary 11,058 0 0 0 Organist fees Funerals & Weddings All Ha 340 0 0 0 Organist Fees Funerals & Weddings All S 0 0 0 0 Verger fees Funerals & Weddings All H 320 0 0 0 Verger fees for Funerals & Weddings All 160 0 0 0 Clergy fees Funerals & Weddings All H 272 0 0 0 Fees Contras, All Hallows 1,506 0 0 0 Heat & Light Contra All Hallows 350 0 0 0 Working expenses of incumbent 3,730 0 0 0 Parsonage house expenses 115 0 0 0 Vicar's telephone 260 0 0 0 Sunday Club 276 0 0 0 Parish training and mission 34 0 0 0 Church running - insurance 3,650 0 0 0 Church office - telephone 940 0 0 0 Office Costs 167 0 0 0 Organ / piano tuning 1,036 0 0 0 Church maintenance 2,657 1,760 0 0 Cleaning 0 0 0 0 Church Req 1,658 0 0 0 Stationery 258 0 0 0 Photocopying and repairs 1,699 0 0 0 Sundry Expenses 1,131 0 0 0 Church running - electric 7,793 0 0 0 Magazine expenses 543 0 0 0 Hall running - electricity 190 0 0 0 Hall running - gas 129 0 0 0 Hall running - insurance 1,319 0 0 0 Hall running - maintenance 0 0 0 0 Hall running - water 805 0 0 0 Lister Road Property Costs 5,067 0 0 0 Total 89,930 1,760 0 0 Other expenditure Sundries 430 0 0 0 Total 430 0 0 0 |
44 0 0 0 200 0 0 0 0 0 0 0 100 0 0 0 200 0 0 0 191 0 0 0 |
44 20 200 120 0 65 100 218 200 40 191 197 |
|---|---|---|
| 735 660 4,198 3,978 880 1,639 30,245 27,435 7,130 6,775 11,058 10,197 340 560 0 400 320 280 160 280 272 0 1,506 1,043 350 350 3,730 4,056 115 535 260 262 276 109 34 0 3,650 3,531 940 922 167 288 1,036 1,025 4,417 9,557 0 199 1,658 561 258 205 1,699 1,254 1,131 351 7,793 5,621 543 633 190 232 129 219 1,319 1,319 0 5 805 706 5,067 1,860 |
||
| 89,930 1,760 0 0 430 0 0 0 |
91,690 86,399 430 961 |
|
| 430 0 0 0 |
430 961 |
|
| EXPENDITURE TOTAL | 91,095 1,760 0 0 |
92,855 88,020 |
| GRAND TOTAL | 3,523 8,376 (4,884) 0 |
7,016 58,789 |
Page 16
Page17
Independent examiners, report to the trustees of All Saints, Wellingborough
The Charity’s Trustees are responsible for the preparation of the accounts. We report on the accounts for the year ended 31 December 2024, which are set out on pages 6 to 17.
Respective responsibilities of trustees and examiner
The charity’s trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011(the Act) and that an independent examination is needed. It is our responsibility to
-
Examine the accounts under section 145 of the 2011 Act
-
Follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act and
-
State whether particular matters have come to our attention.
Basis of independent examiner’s report
Our examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiners’ statement
In the course of our examination no matter has come to our attention
-
1 which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 41 of the Act and
-
to prepare accounts which accord with the accounting records and comply with the requirements of the Act, as also contained in the Church Accounting Regulations 2006 have not been met; or
-
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Denton Tavara Limited
Denton Tavara Ltd Independent Examiner 61A High Street South Rushden Northants NN10 0RA
Page 18