REGISTERED COMPANY NUMBER: 06990058 (England and Wales) REGISTERED CHARITY NUMBER: 1132908
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31st August 2025
for
Hatch Warren Under Fives Pre-School Ltd
Wheeler & Co Ltd Chartered Accountants The Shrubbery 14 Church Street Whitchurch Hampshire RG28 7AB
Hatch Warren Under Fives Pre-School Ltd
Contents of the Financial Statements for the Year Ended 3ist August 2025
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|Page|
|1|to|3|
|Report of the Trustees|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|6|to|7|
|Balance|Sheet|
|Notes to the Financial Statements|8|to|13|
|Detailed Statement of|Financial Activities|14|to|15|
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Hatch Warren Under Fives Pre-School Ltd
Report of the Trustees for the Year Ended 31st August2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st August 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity are to provide education and care to children primarily under the statutory school age, and encourage parents to work alongside us providing for the needs of their children by:
a) offering appropriate play, education and care facilities and training courses, providing an opportunity for parents to take responsibility for and to become involved in the activities of such groups, ensuring that such groups offer opportunities for all children whatever their race, culture, religion, means or ability; b) encouraging the study of the needs of such children and their families and promoting public interest in and recognition of such needs;
c) Instigating and adhering to and furthering the aims and objects of the government to fulfil statutory requirements.
Social investments
The charity's activities benefit the public by enhancing the development and education of pre-school children. The trustees have considered that this complies with the Charities Commission guidance on public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has provided the local community with the resources to further educate pre-school age children in accordance with it's objectives.
FINANCIAL REVIEW
This academic year has seen a lot of changes to both Preschools with the increase in the number of 2 year olds requesting places. Hatch Warren has set up a new Caterpillar room for our 2 year olds with the 3 and 4 year olds, Butterflies, now in the main hall so that the children’s individual developments can be catered for. Kempshott also took on an extra part time staff member so more focus could be given to our 2 year olds and special educational needs children. The Preschools made a surplus of £4,252 (2024 surplus of £15,306), with Hatch Warren's surplus of £5,765, Kempshott of £2,576 offset by group deficit of £4,089. The surplus has arisen predominantly from the increased number of funded children on our books having increased by 29% on the previous year against an expected increase of 21% and additional funding for Afghan refugee. This was partially offset by the increase in the minimum wage of 7% which meant an above inflation increase in staff salaries across the board of 7% and an increase in the cost of snacks and materials because of the cost of living and increase in child numbers over budget.
We have made a provision of £3,743 for additional training in line with new safeguarding legislation being bought in so that staff are kept fully up to date with these requirement. Also an additional equipment provision of £2,234 has been approved to update Hatch Warren's outside play area.
The surplus from the previous year has allowed us to invest in more resources across both Preschools with Hatch Warren having a new canopy for the outside area so that they have some shade over the tarmac in the hot weather enabling children can still play outside. Both preschools have been able to update many of their resources in line with the new EYFS requirement and to aid the in the moment planning for the children.
The Trustees fully support the continued investment in staff development and resources and have approved the additional provisions from this year’s surplus.
The charity has reserves of £144,137 at the balance sheet date and the trustees have reviewed the Reserves Policy and believe this is sufficient to cover 3 months running cost of the organisation, whilst allowing for fluctuations in children and provision for staff redundancies should they occur.
Page 1
Hatch Warren Under Fives Pre-School Ltd
Report of the Trustees for the Year Ended 31st August 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, the memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Trustees are elected from the members, being of good standing within the local community. Between 2 and 10 members are elected with no more than 3 co-opted members, to form a management committee.
Organisational structure
A committee of directors and charity trustees are responsible for the overall management and control of the pre-school. The committee comprises three officers, between 2 and 10 elected members and no more than 3 co-opted members. The committee is required to meet at least three times a year. No member may serve more than 6 years on the committee.
The day to day running of the pre-school is undertaken by the managers and deputies who are overseen by the Preschool Operations Manager who reports to the trustees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06990058 (England and Wales)
Registered Charity number 1132908
Registered office Hatch Warren Community Centre Long Cross Lane Hatch Warren Basingstoke Hampshire RG22 4XF
Trustees Faye Fenton
Danielle Osborn Jack Winterbottom Chloe Buckingham Sophie Shiell Sally Ann Loughrey Lorcan Loughrey Jessica Roach Bethany Luckett Nikole Facey Layla Hallet Laura Newhouse Helen Eastick Laura Murphy Kirsty Anthony
Chair - appointed Ist January 2025 Secretary - appointed 1st January 2025 Treasurer - appointed Ist January 2025
-
Appointed Ist January 2025 - Appointed Ist January 2025 - Appointed 11th February 2025
-
Resigned 27th November 2024 ~ Resigned 28th May 2025
-
Resigned 16th June 2025
-
Resigned 26th February 2025
-
Resigned 26th February 2025
-
Resigned 26th February 2025
-
Resigned 26th February 2025
-
Resigned 26th February 2025
Independent Examiner Wheeler & Co Ltd Chartered Accountants The Shrubbery 14 Church Street Whitchurch Hampshire RG28 7AB
Page 2
Hatch Warren Under Fives Pre-SchoolLtd
Report of the Trustees for the Year Ended 31st August 2025
Approved by order of the board of trustees on 2 Sn Rovernbar D734 signed on its behalf by:
Jfot - Trustee
Page 3
Independent Examiner's Report to the Trustees of Hatch Warren Under Fives Pre-School Ltd
Independent examiner's report to the trustees of Hatch Warren Under Fives Pre-School Ltd (‘the Company‘) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company 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 accounts 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(S5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confixm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
1, accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (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 ofthe accounts to be reached.
Kevin Wheeler FCA
Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street Whitchurch Hampshire RG28 7AB
Date: Lee" 20rS
Page 4
Hatch Warren Under Fives Pre-School Ltd
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|||||||
|---|---|---|---|---|---|
|Statement|of Financial|Activities|
|for the Year Ended 31st August 2025|
|31.8.25|31.8.24|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations|and|legacies|2|1,105|1,475|
|Charitable|activities|5|
|Development and|education|of pre-school|
|children|372,681|295,205|
|Other trading|activities|3|2,479|1,278|
|Investment|income|4|4,349|3,374|
|Total|380,614|301,332|
|EXPENDITURE ON|
|Raising|funds|817|222|
|Charitable|activities|6|
|Development and education|of|pre-school|
|children|375,545|285,804|
|Total|376,362|286,026|
|NET INCOME|4,252|15,306|
|RECONCILIATION|OF FUNDS|
|Total|funds brought|forward|139,885|124,579|
|TOTAL FUNDS CARRIED FORWARD|144,137|139,885|
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The notes form part of these financial statements
Hatch WarrenUnder Fives Pre-School Ltd
Balance Sheet
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|---|---|---|---|---|
|31st August 2025|
|31.8.25|31.8.24|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|CURRENT ASSETS|
|Debtors|11|59|479|
|Cash|at bank and in hand|154,048|146,335|
|154,107|146,814|
|CREDITORS|
|Amounts|falling due within one year|12|(2,736)|(4,625)|
|NET CURRENT ASSETS|151,371|142,189|
|TOTAL|ASSETS|LESS CURRENT|
|LIABILITIES|151,371|142,189|
|PROVISIONS FOR LIABILITIES|13|(7,234)|(2,304)|
|NET ASSETS|144,137|139,885|
|FUNDS|14|
|Unrestricted funds|144,137|139,885|
|TOTAL FUNDS|144,137|139,885|
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Hatch Warren Under Fives Pre-School Ltd
Balance Sheet - continued 31st August 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 2ven Nevemeos 22:%.. and were signed on its behalf by:
Faye Fenton - Trustee
Jack Winterbottom - Trustee
The notes form part of these financial statements
Hatch Warren Under Fives Pre-School Ltd
Notes to the Financial Statements for the Year Ended 31st August 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Raising funds
Costs of generating funds comprise the costs of generating voluntary income and the costs of trading for fundraising purposes.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services to its beneficiaries. It includes both costs that can be directly attributed to such activities and those costs of an indirect nature necessary to support them.
Governance costs
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include independent examiner fees.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
There are no restricted funds.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 8
continued...
Hatch Warren Under Fives Pre-School Ltd
| Notes to theFinancialStatements - continued | |||
|---|---|---|---|
| fortheYear Ended31stAugust2025 | |||
| 2. | DONATIONS ANDLEGACIES | ||
| 31.8.25 | 31.8.24 | ||
| £ | £ | ||
| Donations | 1,105 | 1,475 | |
| 3. | OTHERTRADINGACTIVITIES | ||
| 31.8.25 | 31.8.24 | ||
| £ | £ | ||
| Fundraisingevents | 2,015 | 971 | |
| Salesincome | 464 | 307 | |
| 2,479 | 1,278 | ||
| 4. | INVESTMENTINCOME | ||
| 31.8.25 | 31.8.24 | ||
| £ | £ | ||
| Depositaccountinterest | 4,349 | 3,374 | |
| 5. | INCOMEFROMCHARITABLE ACTIVITIES | ||
| 31,8.25 | 31.8.24 | ||
| Development | |||
| and | |||
| education | |||
| of | |||
| pre-school children |
Total activities |
||
| £ | £ | ||
| Grants | 346,872 | 267,829 | |
| Feeincome - Playgroup | 25,809 | 27,376 | |
| 372,681 | 295,205 | ||
| Grantsreceived, includedinthe above, are as follows: | |||
| 31.8.25 | 31.8.24 | ||
| £ | £ | ||
| HCC - EarlyYears Education funding | 336,190 | 261,290 | |
| HCC -2 YearOldfunding | - | 146 | |
| HCC -IDACI/EYPP | 6,669 | 6,393 | |
| HCC -AfghanRefugee | 2,250 | - | |
| HCC - SEN | 1,763 | - | |
| 346,872 | 267,829 |
Page 9
continued...
Hatch Warren Under Fives Pre-School Ltd
Notes to the Financial Statements - continued for the Year Ended 31st August 2025
| 6. | CHARITABLEACTIVITIES COSTS | |||
|---|---|---|---|---|
| Direct | Support | |||
| Costs (see | costs (see | |||
| note 7) | note 8) | Totals | ||
| £ | £ | £ | ||
| Developmentandeducation of | ||||
| pre-schoolchildren | 374,729 | 816 | 375,545 | |
| 7. | DIRECTCOSTSOFCHARITABLEACTIVITIES | |||
| 31.8.25 | 31.8.24 | |||
| £ | £ | |||
| Staffcosts | 281,805 | 224,127 | ||
| Trustees’ expenses | 947 | 645 | ||
| Rentand services | 46,097 | 37,654 | ||
| Insurance | 1,856 | 1,936 | ||
| Telephone | 638 | 586 | ||
| Postageandstationery | 584 | 554 | ||
| Website costs | 1,891 | 631 | ||
| Sundries | 612 | 430 | ||
| Playmaterials andrefreshment | 5,929 | 4,985 | ||
| Toys&equipment | 11,299 | 1,443 | ||
| Stafftraining | 7,014 | 939 | ||
| Staffuniforms | 562 | 650 | ||
| DBS charges | 463 | 350 | ||
| Premises expenses | 3,557 | 2,485 | ||
| Software costs | 89 | 289 | ||
| IT costs | 650 | 500 | ||
| Operating licences | 875 | 748 | ||
| SENresources | 1,764 | 23 | ||
| IDACI/EYPPcosts | 6,669 | 6,106 | ||
| AfghanRefugeeexpenses | 1,428 | - | ||
| 374,729 | 285,081 | |||
| 8. | SUPPORTCOSTS | |||
| Governance | ||||
| Finance | costs | Totals | ||
| £ | £ | £ | ||
| Developmentandeducation ofpre-school | ||||
| children | 396 | 420 | 816 |
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continued...
Hatch Warren Under Fives Pre-School] Ltd
Notes to the Financial Statements - continued for the Year Ended 31st August 2025
- SUPPORT COSTS - continued Support costs, included in the above, are as follows:
Finance
| Finance | ||
|---|---|---|
| 31.8.25 | 31.8.24 | |
| Development | ||
| and | ||
| education | ||
| of | ||
| pre-school | Total | |
| children | activities | |
| £ | £ | |
| Bankcharges | 396 | 333 |
| Governance costs | ||
| 31.8.25 | 31.8.24 | |
| Development | ||
| and | ||
| education | ||
| of | ||
| pre-school | Total | |
| children | activities | |
| £ | £ | |
| Accountancyfees | 420 | 390 |
- 9, TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st August 2025 nor for the year ended 31st August 2024.
| Trustees' expenses | |||
|---|---|---|---|
| 31.8.25 | 31.8.24 | ||
| £ | £ | ||
| Trustees'expenses | 947 | 645 | |
| 10. | STAFFCOSTS | ||
| Theaveragemonthlynumberofemployees duringtheyearwas as follows: | |||
| 31.8.25 | 31.8.24 | ||
| Childcareassistants | 19 | 17 |
No employees received emoluments in excess of £60,000.
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Hatch Warren Under Fives Pre-School Ltd
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|---|---|---|---|---|---|---|---|
|Notes|to the|Financial|Statements|-|continued|
|for|the Year Ended 31st August 2025|
|11.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|31.8.25|31.8.24|
|£|£|
|Trade|debtors|34|479|
|Other|debtors|25|-|
|59|479|
|12.|CREDITORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|
|31.8.25|31.8.24|
|£|£|
|Accruals|and deferred|income|2,736|4,625|
|13.|PROVISIONS FOR LIABILITIES|
|31.8.25|31.8.24|
|£|£|
|Provisions|7,234|2,304|
|14,|MOVEMENT|IN FUNDS|
|Net|
|movement|At|
|At|1.9.24|in funds|31.8.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|139,885|4,252|144,137|
|TOTAL FUNDS|139,885|4,252|144,137|
|Net movement|in|funds,|included|in the above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|380,614|(376,362)|4,252|
|TOTAL FUNDS|380,614|(376,362|)|4,252|
|Comparatives|for movement|in funds|
|Net|
|movement|At|
|At|1.9.23|in funds|31.8.24|
|£|£|£|
|Unrestricted|funds|
|General|fund|124,579|15,306|139,885|
|TOTAL FUNDS|124,579|15,306|139,885|
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Hatch Warren Under Fives Pre-School Ltd
Notes to the Financial Statements - continued for the Year Ended 31st August 2025
14. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
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|||||
|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General fund|301,332|(286,026)|15,306|
|TOTAL FUNDS|301,332|(286,026)|15,306|
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A current year 12 months and prior year 12 months combined position is as follows:
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||||||
|---|---|---|---|---|
|Net|
|movement|At|
|At|1.9.23|in|funds|31.8.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|124,579|19,558|144,137|
|TOTAL FUNDS|124,579|19,558|144,137|
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General find|681,946|(662,388|}|19,558|
|TOTAL FUNDS|681,946|(662,388|)|19,558|
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- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st August 2025.
Page 13
Hatch Warren Under Fives Pre-School Ltd
| Detailed Statement ofFinancial Activities | |||
|---|---|---|---|
| fortheYearEnded31stAugust2025 | |||
| 31.8.25 | 31.8.24 | ||
| £ | £ | ||
| INCOMEANDENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 1,105 | 1,475 | |
| Other trading activities | |||
| Fundraising events | 2,015 | 971 | |
| Sales income | 464 | 307 | |
| 2,479 | 1,278 | ||
| Investment income | |||
| Deposit account interest | 4,349 | 3,374 | |
| Charitable activities | |||
| Grants | 346,872 | 267,829 | |
| Feeincome - Playgroup | 25,809 | 27,376 | |
| 372,681 | 295,205 | ||
| Totalincoming resources | 380,614 | 301,332 | |
| EXPENDITURE | |||
| Othertrading activities | |||
| Fundraisingcosts | 817 | 222 | |
| Charitable activities | |||
| Trustees’ expenses | 947 | 645 | |
| Wages | 277,518 | 220,770 | |
| Pensions | 4,287 | 3,357 | |
| Rentandservices | 46,097 | 37,654 | |
| Insurance | 1,856 | 1,936 | |
| Telephone | 638 | 586 | |
| Postage and stationery | 584 | 554 | |
| Website costs | 1,891 | 631 | |
| Sundries | 612 | 430 | |
| Playmaterials andrefreshment | 5,929 | 4,985 | |
| Toys&equipment | 11,299 | 1,443 | |
| Stafftraining | 7.014 | 939 | |
| Staffuniforms | 562 | 650 | |
| DBS charges | 463 | 350 | |
| Premises expenses | 3,557 | 2,485 | |
| Software costs | 89 | 289 | |
| IT costs | 650 | 500 | |
| Operating licences | 875 | 748 | |
| SENresources | 1,764 | 23 | |
| IDACV/EYPP costs | 6,669 | 6,106 | |
| AfghanRefugee expenses | 1,428 | - | |
| 374,729 | 285,081 |
This page does not form part of the statutory financial statements
Page 14
Hatch Warren Under Fives Pre-School Ltd
Detailed Statement of Financial Activities for the Year Ended 31st August 2025
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|||||
|---|---|---|---|
|31.8.25|31.8.24|
|£|£|
|Support|costs|
|Finance|
|Bank charges|396|333|
|Governance|costs|
|Accountancy fees|420|390|
|Total resources|expended|376,362|286,026|
|Net income|4,252|15,306|
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This page does not form part of the statutory financial statements
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