ReGISTERED COMPANY NUMBER.. 06634408 IErbgland and Wale¥ REGISTERED CHAFIITY NUMBER: 1133507 REPORT OF THE TRUSTEES ANO UNAUDifED FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2022 FOR WEB SCIENCE TRUST IA COMPANY UIMITED BY GUARANTEEI Rothman$ LLP Chartered Accouni8nl8 Chilworth Point 1 Chilworth RD3d SDulhaTnplon S016 7JQ
WE8 SCIENCE TRUST CONTeNTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Page Report of the Trustees IndepeTrdent ExamlneT'8 Report Statement of F¢nancial Activities Balance Sheet Notes to the Flnancial Ststements 7 14 10 DeiaSled Statement of Flrbanelal Activltles
WE8 SCIENCE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 DECEMBER 2023 The Iruslees who are also dir8Ct(>rs of the charity for the puyposes of the Comp8nies Act 2008. pSent their report the financial sl8lemenis ol Ihe charrty for the year ended 31 December 2023. The Irusiee8 hawe adopted the prowsions of Accounting and Reporting by Chariliey. sialemenl of RecoFnrDended Pf&clice applicable lo ch8riiies preparing their accounls In acBordance ¥wlh the Finanoal Reporting Standard applicable in the UK aiid RepubliG ol Irelano IFRS 1021 lefleclive 1 January 20191- OBJECTIVES ANO ACTIVITIES Obleclives and airns The charity vks established lo advÈnTr education ol the public in the subject of web science In partioJl8r, al tr> prDfflole the development ol the discipline of web sdenty by leading the developrnent of a research agenda and roadmap in the emergin9 web science community worldwide. bl lo promote alld 5UPPOrt +he developmenl of web science eurrii)Jlg at dll reVnt educationa1 l&vels around the world-. cl lo provide organisalional and financial support for aclivilies 5uGh as GonferenGes. wod(shops and symp0518 around the wortd on top5 In web science. dl lo sJpport Ihe creation of acadernic publication venues needed lo enable scholady CQfntnunicalion In the global web scGe community, el lo Èngage govemrr.enl 8nd priv81e sector Sources of 5¢1enGe funding internationally lo collaborate in providiiig financial SUPDOrt for web Scien research in edui2lion In premièr research and ieatrthing IfiSliluUDns. and 11 lo promole Ihe devÈlopmènt of a glooal network of premier web science searCh laboraiorie5 under the Web Scien Tfust aegis. by establishing lega5 arFd finanal collaboration8 wilh ffsearch Insliluiions Includino leading universities who wish lo co-ap2rale on the developmenl ol web science Duiing Ihè year. Ihp admin151ralion of the charity was carried out on a wolunlaY basis by the Iru$iees, with assistan from staff from the UnNersily ol Southamplon,. Ihe chanly had no employÈ&s dJring the year. Frcrfn 1st March 2010 the Univer31ty of Soulharnpion agreed to h051 the Web Science Trust. Page 1
WE8 SCIENCE TRVST REPOR T OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 ACHIEVEMENT ANO PERFORMANCE The Tmstees mel In Febiuary and again in October to review progTess tu dale and lo ch8rt the ¥vay IDnN8rd lor the comillg lears. The Web Science Trust continued lo play a leading rol8 In de¥elopina a worldwdo research agend). It ¢onlinued lo promote and develop Vveb Science In the lollowng ways Ounng the year the Web SGienc& Trust Lrnlinued lo clissetninate Web Science research 1fi March. WSTNet Lab IIIT-eangalore hosted a 2-d8y workshop 'Web ScienGe for Developmenl IWS4DI The theme of the workshop w85 sustainable Llevelopmeni and digit81 cap3bililies. and the aim wa8 lo losler a community Df praclilioners, re5earchÈrs, entrepreneurs, students, and policy rnakers to ioinlly address SocallY relevani tspponuniiies and ch8llenges trtrm web dlid Iiiubile leLliiiulugies. Two ol Ihe WST Tluglees delivere¢ kÈyi)tsie talks 8t Ihe event The workshop also invol¥ed lutDrial sessiuTi8 and a research GoIIoquiuTn, Nv51h Inleraclive sessions and panel discussions. The annual ACM Web Science Conlefence look placo frDrn 30 April 10 1 May In Auslin. Texas. USA as a hybrid evenl and co-localed wlh Tnè ACM Web Conferen. Th15 wa5 the thirteenth in a serie5 of Web Science Conference5 to be undepwrillen by the Association of Computing Machinery IACMI. The iwo•3y event focussed on Inequalities In the F8ce of Concurrent CriBe5 1.he ConfenCe IncludEd 2 keynote speaker5. a paDel"ThÈ Putur8 01 Web SGienGe" and 6 IopiGal paper Sessions. The Web Scienff Trust annual Tes1 of Time AwaTd was awarded lor the getond year al th8 corTrlereno 10 the aJthor8 of a paper preseniÈd 81 8 previous Web Scien(x COnfete th81 has 51)od the lest ol lime through conlinued relevance iffjpacl. The Web scien Trust eonlinuÈd lo support the"Brave CDnversations" events. The evenis draw luy&lhat people froi academia. 9oveTnmenl. business. the media alld the third $8clDr lo addre55 some of profound Issues Ihal are arising as human Ille becDFnes progressively enlwined wlh the Inlernel and Ilie Web. The first eveni lor 3D23 look place In May In Brussels, In partnership wnlh l*e Digiial EThlighlenmenl Fofum. The seGon¢ event look pla In July at Newspeak House Iii London tu address the challenges and opportunities vthi¢h face contemporary soaety. The Ihird event ol the year look p18ce In Sepiember In Lonuon and In partnership wilh FoundeTS and Coders. The discussions were Sel in an enviranmeal Whe Ihe hype around Large L2nguag8 Models wa5 beginning lo seiiie. 8nd people were curious lo eXoIe howto use Ine lechnologiÈs In Iheir everyday lives The Web Science TFusl has continued lo produ a range ol significanl scientific papers 8nd publications In Web Science. 1ncluding 32 paper5 in Ihe Joumal of Web Science. 8n open access Inlprdisciplinary joumal wilh the aim of Integraling ¢omputer and Informaliofj sciences, cotnmunicalion, linguistics. soGiology, psychology, economics, law, political Scien. and other d15opline5 Foundations and Trends In Web Scients Ipublished by Now Publiyhers) has published 17 papers All papers accepted and presenlett al Ihe annual Inltrnalional ACM Web Science Conference appear In Ihe Proc8edings of Ile ACM and are held In the ACM'S DlIa1 Library The Web Science Trust continued ils Series 01 Vvb I vvnire vapers. Wlth tne second PUblL%ne(s In hpnl yile(5 'vVeb) 'I'hE Promise and the Reality," ThÈ Web Science Trust nas wTrliTrued 10 provide Ihoughi leadership lo the scienlific cornmLJniiy. Ihe public. govemmenis. public and pnv81e eniefprises. This been achieved Ihrough public engBgemÈni. and through direcl Influencr. on key figure5 and organi$atsony in governrnenl and 1ndu81ry. The Web ScienTr Trust has conlinued lo develop relalionghipx wlh the Inleinel Archivp.. the Library of Congress. the Research Dala A1113nce, figilal EnlighlenrTienl Fotutn. the International Communicalian Associalitrn. and the W3C, an Internation31 COrnTnunrty that develops open stsndarus Io En5tsr& the long-lerm growth ol the Web In 2010 the Web Sciencts Trust established a Ntork of Laboratories IWSTNetl to bring iogeiher some of the worfd's leading acaderv.lc SearCherS In Web Science to yddTess key research challep.ge$ and develop new academi¢ prograrnwes that wll Ènhance Ihe 9rowng inflvence of Web Scien. One new13b IDined thè nelwork in 2023. The ¢urrenl number of WSTNft triembers Is 22. The Web Science Trusl has continued lo Increase 118 Web and social media psen througtr Its webslte. The Web Science Trust produces onlin& new8lellerE three lime5 a year. wh include8 WSTNet L8b profiles and pubhcglions, pap FINANCIAL REVIEW A5 illdicated on the Slatemenl of Finan¢ial AclivilE8 on Page S, during the year the cornp8ny received income of £Y.77412022 £55,666). Incomè of £34.774 12022. £55,666) was tyceived by vlay ol grallls, donations, sponsorships and events Income during the year Total expendilure In the yoar was t49.235 12022" £42,657) for vanous Èxpenses as detailed in the accounts. The cornpany is seekin9 to develop spoiisorship wrth a range of commercial companies and other organi5alion$. The direclor5ttrusiees 11 seek lo build up the reserves ol the chaiily lo provide Il wrth suflicienl reSoUrS lo rarfy oul its &cli1t1e5, at th15 stage no decision has been Tnade on Ihe lev&1 of reseTve5 which will be required for that purpose. The current Ve1 ol reserves 18 £182,314 12022 £196,775) Page 2
WEB SCIENCE TRUST REPOR T OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity Is con1rold by its goveining document, B deed of Iru$l, and constitu$ a lirnited company, Iirniled by guarantee, as L1efined by the Cotnpanies Act 20Cé Recrultment 8nd appolntment of new trustee¥ The size ol Ihe charity tneans that il Lloes not have a formal arranoetlleml for the appointment of new TrJslees. 11 Ihe existing Trustee$ cpnsider that 8(fdilional Trustees are required lo Improve or add skills. an Informal approach is made 10 suitable ¢andaleS. Thè InduGIIDn and training of new Trustees 1$ overseen by eXl$ling Trustees. No p&rsDn external lo Ilie Charily 18 enlillèd lo appoint Trustees lo the Charity RÉFERENCE AND ADMINISTRATIVE DETAILS Reulstered Company rbumber 06634408 IEng13nd and Wale81 Reglstered Charity nurnbeT 1133507 Registered offic8 CIO Skadden Arp5 Slate Meagher Flom IUKI LLP 22 Bishopsgale London EC2N 4BQ Trustees profe.ssor N S Conlracior Professor W Hall Professor J A H&ndler Professor G Meiakides r J Ranga5W8l Professor N R Shadboll M5 A E Row18nd-Campbell Mr W Thompson Professor S Slaab M5.1 Z.£r.oll Company Settetary Skad¢en, Arps, Slale, Meagher & Flom IGorpora¥e SeTwi¢es Ltd) Independent Examiner L15a Wilson FCA Rolhrnans LLP Chartered Accounlanls Chilworth Point 1 Chilworth Road Soulhamplon SO18 7JO Solicitors Skadden Arps Slate Meagher & Flom IUKI LLP London PUBLIC BENEFIT In managing Ihe company the directorsltruslees have due regard lo the guidance on public b8n8frt publishÈd by the Chsnly Commi$sion This report has been prEpared in accordance with the special provisions of Part 15 of the Companies Ad 2006 relaiino lo srna11 colrpanies. Approved by order of he bo of Iruslees on and signed on 115 befvall by Professor W Hall. Tros Page 3
INDEPENDENT EXAMINER'5 REPOR T TO THE TRUSTEES OF WEB SCIENCE TRUST Indep8ndenl examiner's repot to th8 trustees of Web Scionc? TN8t I'the Compantyl I report lo Ihe charity Iru51ees on my examination ol Ihe 8ccounls of the Company for the year ended 31 DeTrmber 2023 R68ponslbllltlt$ and ba$18 of report As the cheritls trusiees of the Company land a150 its directors lor the purposes ol company lawl you are SPOnSible far the prepaiaiitsn of Ihe accounts In accordanee wlh the requirements of the Companies Act 20061.lhe 2006 Act'i H8vIDg saiislied mysell that Ihe aGcouTrls Df the corr.pany are nol required lo be audited under Part 16 of the 2006 AGI 3nd are eligible for Independent ex4minaiion, I report in Te$pÈci of my ex8minaliw of your Chaniy's 8ccounls as carried oul under SectlDll 145 of the Chariiies Act 2011 I'1h 2011 Act'l. In caTrying out Fny examination I have followed the Direchon5 given by the Charity Colnrnission under Section 145151 Ibl ofihe 2011 Aci. Ii)dep8iident examinerfs statement I hav& compl818d Iny exat¥TrillatlDn. I canfirm that no mèlters have Gome lo my attention In connection with the examination giving The causè io believe.. aGcoJnlillg records re not kept In rpspeGt of Ihe Company as required by Seciion 386 of the 2006 Act." or the 3ccoupls do nol aord those retnrds., or the accoun18 do not comply with the accounting requiremenls of Sectson 396 01 the 2006 Act glher Ihan any requirement th31 Ihe accounts give a true and fair wew vthich Is nol 8 maller considered 88 part of an Indepenoenl ex3min?lian. OT the accounts have not been pr&pared In accordance with the methods and principles of the Statement of Recommended Practi¢e for accounting an¢ reporting by ch8riiie5 18pplicabk to Gharilies prepering their 8ccounls In accardance wlh Ihe Financial Repuiling Slanddrd dpylILak)le IT) Ilie UK diiL RÉ*puL)Iic ol Irelaiid IFRS I have no concÈrn8 and have come across iiu alher mallers In conneclion wilh Ihe examinalion lo which attention should be drawn in this report in order to enable a proper understanding of Ihe aGcDunls lo be reached Lisa Wilson FCA Olhmans LL Chartered Accountan15 hilworth Point 1 Chilworth Road Southampton S016 7JQ ! August 2024 Page 4
WEB SCIENCE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEM8ER 2023 2023 Unleslricied fund 2022 Tol41 funds Notes INCOME ANO ENDOWMENTS FROM Donations and legacies 34,538 55,630 In¥eslmenl incom8 236 36 Toial 34.774 55,66S EXPENDITURE ON Fundraising and marketing expense5 6,259 6,182 Charitable activltle8 Education 42,976 36.475 Tolal 49.235 42.657 NET INCOMEIIEXPENDITUREI 13,DD9 RÈCONCILIATION OF FUNDS Totsl funds brough,, lopward 196.775 183,766 TOTAL FUN05 CARRIED FORWARD 182,314 196.775 The notes form part of these financial &latement$ Page
WEB SCIEMCE TRUST BALANCE SHEET 31 DECEMBER 2023 2023 Unresincled fund 2022 Total lJnLIs Notes CURRENT ASSETS Deblors Cash al bank 16,378 184 279 184 240 195,987 200.657 CREDITORS Amounts falling due within one year 113.8731 13,8821 NET CURRENT ASSErs 182.314 196.775 TOTAL ASSETS LESS CURRENT LIABILITIE5 182.314 196,775 NET ASSETS 182.314 196,775 FUNDS Unrestricted functs 182,314 196.F75 TOTAL FUNDS 182,314 196.775 Tlie charitable company Is enlilled 10 exemption from audit under SeGtion 477 01 the Companies Act 2008 for Ihe y¢ar ended 31 December 2023 The memb6rs have noi requireLI the TpanY lo obtain an audit ol Ils financial slaternenis for the yèar ended 31 Dtrcember 2023 in acOrdance wilh ScGtion 476 of the Compar)ies Acl 2006. The Irusleey acknowled9e Iheir responsibilities for ensuriiig Ihal Ilie charitable GOTnP&Tly keeps accounting record5 Ihal Gornply with Sections 386 and 387 of the Companies Act 2006 and al the end ol each financial year 8nd of Ils Surplus or defi¢il ft>r eacn financial year accorl8nce wlh Ihe requiretnenls of Sections 394 and 395 and which 01heIs comply with tac requiremen15 of the Companie$ Acl 2006 relating lo Iinanual slsletrenls, so far as applicatrle lo the Gharilable company. These financial slalemenls have been prÈparÈd In accordance ryth the provisions applicable lo chaiitable cDtnpanEs 5ubieti10 Ihe Émall companies regime The financi81 ststemenls were approved by the Board of Trustees and authorised for issue and were 51giied Its bÈh8lf by. on Proles$or W ustee The iioles loryn part of these financial slateTnent5 PagÈ 6
WEB SGIENcg TRUST NOTES TO FINANCIAL ST ATEPIIENTS FOR THE YEAR ENDED 31 DECEMBER 2013 STATUTORY INFORMATION Web sciep.ce Trust is charitable wmpany. Iimiled by by guar£nlee, registered In England ard wa%. The company's regislered nijrnber and regisierEd office address can be laund on Ihe Report ol t,2 Trustees ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS Th6 financ181 sialÈmenis of the thaiilable cotnpany, thich is a public benefit entity under FRS 102, have been prepared n aeGOfdance with Ihe Charities SORP IFRS 1021 'Accoufjling snd Reporung by Charities. Slalemenl of Recommended Praciice 8pplicable to ¢harilies poparino their accovnls in accordance wlh the Financi81 Reportjng Siandard 8ppIIc8b1e I thÈ UK and Republic ol Ireland IFRS 1U2I (effective l January 2D191', Fillancial Reporting Standard 10? 'fht Financial Reporting Standard applicable in the UK and Republic of Ireland, and Ilie Companies Act 2006. The finanEial 51aleinenls have been prepaied ut)der Ihe hisloDcal cost convention. These financial sl8lemenls have been ?pared on Ihe going concÈrn basis. as there are no malerial uncertBIMlies atsoul the charity's ability lo conlinue. The Iruslee$' have r¢aGhed Ihis conclusion based on the nature of the granl funding. conlr8Ct% for th1¢h have been 8greed for the foreseeable futurt. In accoid8nce 1th Section f4 of the Charilies SORP IFRS1021. the Ch8riiy has taken exemptlDll from the Requirement lo prepare a slalernenl of cash flows. IN¢opniNG RESOURCES VDlunlary income by way of donations that provide core funding or are of a general nature are recognised In the Slalement of Fin3nci31 AGlivilies when receivsble. The company has not been In receipt of any Incom& arising from legaues In Ihis year orthe prior year. Investment Income 15 recogn15ed when received and comprises Inte81 receivable on Cash deposits. All incoming <&sourGe5 are reGagDised In the Sialemenl ol Finanoal Activities when Ihe charity Is &nlilled lo lh& income and the amounl bÈ ouanlified with reasonable accuracy. RESOLIRCES EXPENDED Liabililies 8rÈ recogDised 2s expenditurè as soon as Iheie Is a legal or conslruclive oblig31ion cornmilling the charity lo th81 expenditure, il 18 prob8bl& th81 a Iransfer of econoffl benefits will be require¢ in 5elllemenl and the amounl of the obli9&lion can be measured reliably Expenditure is accounted for on an 8ccruals basis and has been da8sili&d under heading8 thai gregate all cost relaled lo the category. Where costs c3nnol be directly allribvled 10 partUl8r beadings they h3ve bèen allocated to aclwilies on a basis consistent ryth Ihe use of (esources. Support CO81$ in¢lde finan, back vrrice governance eosls 3nd are considered lo be ol an Indirect n8ture bul nec6ssary In OTder for th& ¢hanly lo perlorw Ils day lo day duties. As recorded in note 4. support costs are 401ty con51dered attributable to Educolion Aclivilies. TAXATION The chaniy meets the definition ol Part 1 of Schedule 6 to the Finants Act 2D10 and Is potent1811y 8K8mpl from laxalion In respect of In¢ome or capital gains within categories covered by Chapter 3 of Ihe Corpor&lion Taxes Atl 2010 or SecliDn 256 01 the TaxaliDtI Df Chargeable Gains Acl 199? lo the exlenl that such Income or gains are applied e¥clu5ively lo charitable purposes No lax charge arise ID tha curreni or previous reporting period. FUND ACCOUNTING Unrestricted funds can be ijsed In accordanrE wrth the Chantab ot4"edives at the discretion the Iru5tees Reslficle(I funds can only be used for par.ICLJlar resinGted purp05es wlhin the objects of the GhaTrly Restnctions 3risÉ whèn 8pe¢ified by Ihe donor orwhen funds are raised for patbcular restricted purposes. Further explHn31ion of the nature purpose of each fund Is included In the notes to the financial $181ements. SHORT TERM DE8TORS AND CREDITORS Debtors creditors CeIVable and payable wlhin Dne year or upon demand are corded 81 Iransatlion price helheror nct a rale of in18resl Is chargerl on the balance. LEGAL STATUS OF THE CHARITY The Chaiily 15 a company limited by guarsnlee and has ne 8harÈ capil81 In the event ol Ihe charily bEing wound up. the liability in re5pecl ol the guarantee 15 Iimrted lo £1 per member of Ihe ch8rily. Page 7 tDnlinued..
WE8 SCIENCE TRUST NOTES TO THE FINANCIAL ST ATEMENTS- GofTtinued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POUCIES- Conlinued VOLUNTEERS s slaletl in the Trustees report. during the year Ihe adrninislralion trf the charily was carned out on a voluntary basis by the fruslÈÈS, Nlh assislance from stsll fiorn the University of Soulh8mplon. ID accordance Nth the SORP. no monelaly V8lue Is placed upon the seivice$ provided. CASH ANO CASH EQUIVALENTS Cash and short-lerm Llep0511s irycluded In the Balan Sheet comprise cash in hand aTid short-lerm deposit5 Wth an original malurily tsf Ihiee months or less. INvesTMeNT INCOME 2023 2022 Deposit account inl8rest 236 38 CHARITABLÈ ACTWITIES COSTS nirecl Co815 Isee note 51 Support costs (set notè 61 ro131s Education 23,044 19,932 42.976 DIRECT COSTS OF CHARITABLE ACTIVITIES 2023 2022 Insrance WSTNel support C051s Webs,le cos15 Project costs Workshop5 an(f ConfenceS Sutssciiplions 982 369 2448 5488 912 1.535 2.488 9.345 1,040 950 23.044 28.331 SUPPORT COSTS Goveman cDsI8 Finan Totals Educ81ion 740 19,'.92 19.932 Included within governance costs Is an amount of £1,749 thich relatès lo work completed by lae indepèndent examiner In respeGI of acoounlarcy 5ervitts and an amour,l of £409 was payable in respect of the Independent examination. Page 8 conlinued.
we8 SCIENCE fRusr NOTES TO THE FINANCIAL sfATEMENTS - continue FOR THE YEAR ENDED 31 DECEM8ER 2029 SUPPORT COSTS- contlnued Support costs, Included In Ihe above, 8re as follows" FINANCE 2023 2022 Education B8nk charges 740 425 GOVERNANCE COSTS 2023 2022 Total Education ProlessiDnal 8S8lStance Insurance Trust board meetsng expenses Bookkeeping AccoJnlancy Other expenses 3.125 1.120 11,746 13 2.158 908 3,125 2,007 1,371 19,192 7,719 TRUSTEES. REMVNERATION AND BEWEFITS There were no ITuslge5' remuneration or other benefits lor the year ended $1 December 2023 nor lor the year ended 31 December 2022 TRUSTEES, expENSES During the year the Trust did not reitnburse any direGIDrs expenges12022. NILI- DEBTORS.. AMOUNTS FALLING DUE WITHIN ONÉ YEAR 2023 2032 rrade (Jeblors Prepayments 10.375 1,372 11,25D 5,128 11,747 16,378 CREDITORS- AMOUNfs FALLING DUE INITHIN ONE YEAR 2023 2022 Other GFedilors Accnjed expenses Deferied income 2,382 2,158 9,133 1,875 2.007 13,673 3,882 Page 9 continue¢...
WE8 SCIENCE TRUST NOTES Yo THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 OECEMeER 2023 10. RELATED PARTY DISCLOSURES There vEre no related party transaGlions for the year Ènd&d 31 December 2023.12022. NILI Page 10
WE8 SCIENCE TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME AND ENOOWMENTS Donatlons and lega¢le8 Donations 34.539 55,630 Investrrtent income Deposit account Interest 236 Totsi Intomlng resouvtÈ# 34.774 55,666 EXPENDITURE Raising donation8 and legacltrs Fundraising ènd marketing Vvebsile cos15 3,811 2.448 3,694 2,488 .259 6,182 Charitable aclivities Insurance WSTNel 8UPPOrt costs Web3ile costs Project costs Worksho95 and conferences Subscriptions 982 369 2,448 5.488 12,717 1,040 912 1,535 2,488 9,345 950 23.044 28.331 Supporl cost$ FlnancÈ Bank sharge5 740 425 Governance GDSts Prolessional assistdnce Insurance Tru51 board meeting expenses Bookkeepipg AGcounlancy Other expenses 3,125 3.125 11.746 13S 2.158 908 2.007 1.371 19,192 7,719 Total resources expended 49.235 42,657 Net lexpenditurellincome 114.46ti 13,009 This page doe8 nol form part of the slalutory fnanCIal slalement5 Page11