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|Total Committed<br>reserves|65,207|
|---|---|
|Balance ofsum agreed for Parkwood|8,582|
|Uncommitted<br>reserves available|947,076|
|Normal<br>Expenditure||
|Total expenditure|726,223|
|Normal expenditure|726,223|
|Per month|69,519|
|No ofmonths|15.6|



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|Huddersfield<br>Circuit|Huddersfield<br>Circuit|Huddersfield<br>Circuit|||||||Circuit No 2|7/35||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Statement ofFinancial Activities|||(SOFA) forthe year||ended 31August|2022||||||
||||e||'o|||c||||
||||||||D|||||
||||o <br>ar <br>oZ|c<br> o<br>Uo<br> e|e o<br>c<br>m|U<br>V|e<br>m|||Total 2021-<br>2022|Total<br>2020<br>2021|
|Income and Endowments|from:|||||||||||
|Donations and legacies|||||10,000|||||10,000|10,000|
|Charitable<br>activities||||||||||||
|Assessments<br>or share|||||444,170|||||444,170|412,091|
|Other|||||30,860|||||30,860|25,385|
|Other trading activities||||||||||||
|- Lettings||||||||||||
|-Miscellaneous||||||||||||
|Investments|||||24,694||320|812|186|26,013|30,272|
|Capital receipts|||||3,199|501,194||1,000||505,393|3,055|
|Total|||||512,923|501,514||1,812|186|1,016,436|480,803|
|Expenditure<br>on:||||||||||||
|Stipends, saladies,<br>NIC &.Pension||costs|||345,917|||||345,917|365,778|
|District Assessment<br>Methodist<br>Church Fund|||||109,000||242|||109,242|111,226|
|Admin, telephone<br>&Lvavel|||||35,439|||198|33|35,698|23,404|
|Insurance,<br>utilities, etc<br>Maintenance<br>on manses<br>Expenditure<br>on other Circuit <br>Connexional<br>Property<br>Fund|property<br> Levy||||20,444<br>32,766<br>5,543|126,140||||20,444<br>32,766<br>5,543<br>126,140|25,575<br>10,709<br>25,839|
|Depreciation||||||||||||
|Other Expenditure<br>Grants and<br>Donations|||||30,474||20,000|||30,474<br>20,000|8,949<br>20,000|
|Contributions<br>to District Advance||Fund|||||||||25,723|
|Total|||||579,582|146,410||198||726,223|617,203|
|Net income/(expenditure)|||||(66,659}|355,104||1,614|153|290,213|(136,400)|
|Transfers between<br>funds|||17||124,950|(111,762)||(13,087)|(101)|||
||||||58,291|243,342||(11,473)|52|290,213|(136,400)|
|Other recognised gains /(losses)i||||||||||||
|Gains/(Losses)<br>on revaluation|ofAxed assets|||||||||||
|Gains/(Losses)<br>on investment|assets||||||(203)|(1,399)|(500)|(2,102)|28,351|
|Actuarial gains/(losses)<br>on defined|||benefit|||||||||
|pension schemes||||||||||||
|Net movement<br>in funds|||||58,291|243,139||{12,872)|(448)|288,111|(108,049)|
|Reconciliation offunds:||||||||||||
|Total funds brought forward|||||3,076,950||9,670|75,700|11,657|3,173,977|3,282,026|
|Total funds carried forward|||||3,135,241|252,809||62428|11,209|3,462,088|3,173,977|





|Huddersfield<br>Grcuit|||||||||||||Circui|t No 2|7/35||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Statement ofFinancial||Activities||(SOFA)forthe year|||ended 31August|2021|||||||||
||||||IV|||24||'o|II||||||
||||||o<br>Sl<br>o|O0<br>III|Sl<br>n<br>D|o<br>CI|I-|nD|t<br>W<br>tv||Vl63o <br>'o <br>n|'o<br> c|Total 2020-<br>2021|Total<br>2019<br>20|
|Income and Endowments|||from:||||||||||||||
|Donations and legacies|||||||10,000||||||||10,000|28,350|
|Charitable<br>actjvjties|||||||||||||||||
|Assessments<br>orshare|||||||412,091||||||||412,091|498,330|
|Other|||||||25,385||||||||25,385|9,915|
|Other trading activities|||||||||||||||||
|—Lettings|||||||||||||||||
|-Miscellaneous|||||||||||||||||
|Investments|||||||24,497||5,014|||639||122|30,272|31,119|
|Capital receipts|||||||3,055||||||||3,055|52,467|
|Total|||||||475,028||5,014|||639||122|480,803|620,181|
|Expenditure<br>on:|||||||||||||||||
|Stipends, salaries,<br>NIC &||Pensjon||costs|10||365,778||||||||365,778|362,587|
|DistiIct Assessment|||||||111,226||||||||111,226|110,248|
|Iylethodist<br>Church<br>Fund|||||||||||||||||
|Admin, telephone<br>&travel|||||||22,337|||919||127||21|23,404|28,430|
|Insurance,<br>utiliues, etc|||||||25,575||||||||25,575|26,478|
|Maintenance<br>on menses|||||||10,709||||||||10,709|21,428|
|Expenditure<br>on other Circuit property|||||||25,839||||||||25,839|30,488|
|Connexional<br>Property<br>Fund|||Levy|||||||||||||9,286|
|Depreciation|||||||||||||||||
|Other Expenditure|||||||8,949||||||||8,949|14,413|
|Grants and<br>Donations|||||||||20,000||||||20,000|15,000|
|Contributions<br>to District|Advance|||Fund|||||25,723||||||25,723|19,163|
|Total|||||||570,413||46,642|||||21|617,203|637,521|
|Net income/[expenditure)|||||||(95,385)|(41,628)||||512||101|{136,400)|(17,340)|
|Transfers between funds|||||17||430,451|(430,451)|||||||||
||||||||335,066|(472,079)||||512||101|(136,400)|(17,340)|
|Other recognised<br>gains|/|(losses)I|||||||||||||||
|Gains/(Losses)<br>on revaluation|||offixed assets||||||||||||||
|Gains/(Losses)<br>on investment|||assets||||||22,716||4,627||1,008||28,351|(3,629)|
|Actuarial gains/(losses)|on defined|||benefit|||||||||||||
|pension schemes|||||||||||||||||
|Net movement<br>in funds|||||||335,066|(449,363}|||5,139||1,109||(108,049)|(20,969)|
|Reconciliation<br>offunds:|||||||||||||||||
|Total funds brought forward|||||||2,741,884|459,033|||70,561||10,548||3,282,026|3,302,995|
|Total funds carried forward|||||||3,076,950||9,670||75,700||11,657||3,173,977|3,282,026|





## 

## 

|||||||Balance Sheet as at31August 2022|Balance Sheet as at31August 2022|Balance Sheet as at31August 2022||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Circuit Iyiodel|Restricted|Endowment|Totals this|Totals last year|
||||||||Trust Fund||Funds|year||
||||||||(Unrestricted)|||||
||||||||f|||||
|Tangible Fixed Assets*||||||||||||
||||||Notes|||||||
|Greeit manses||||||2,194,892||||2,194,892|2,194,892|
|Equipment||||||||||||
|investment<br>properties<br>investments|||||12|200,000||20,054|6,659|200,000<br>26,713|200,000<br>46,465|
|Total||fixed assets||||2,394,892||20,054|6,659|2,421,605|2,441,357|
|Current Assets||||||||||||
|Debtors and Prepayments|||||13|71,319||||71,319|42,196|
|Other||||||||||||
|Trustees for Methodist|||Church|||||||||
|Purposes deposits<br>Central Finance Board Deposits<br>Cash at Bank and in hand||||||324,301<br>443,754|252,810|36,762<br>6,013|4,549|294,121<br>330,314<br>443,754|44,617<br>433,031<br>312,868|
|Total current assets||||||839,374|252,810|rk2„775|4,549|1,139,508|832,712|
|r<br>r or<br>na<br>ecru|||uem|||||||||
|under 1yr)|||||14|99,025||||99,025|1,00,092|
|Net current assets|(liabilities)|||||740,349|252,810|42,775|4,549|1,040,483|732,620|
|ota assets esscurrent||||||||||||
|liabilities||||||3,135,241|252,810|62,829|11,208|3,462,088|3,173,977|
|Loans and creditors|due after|||1||||||||
|year|||||14,16|||||||
|Provisions<br>for|liabilities|||and||||||||
|charges|||||14,16|||||||
|||Net assets||||3,135,241|252,810|62,829|11,208|3,462,088|3,173,977|
|Funds ofthe Circuit||||||||||||
|Linrestricted<br>funds<br>Circuit Model Trust|Fund|||||3,135,241||||3,135,241|3,076,950|
|(Unrestricted)<br>Restricted funds|||||||252,810|62,829||252,810<br>62,829|9,670<br>75,700|
|Endowment<br>funds|Total Funds|||||3,135,241|252,810|62,829|11,208<br>11,208|11,208<br>3,462,088|11,657<br>3,173,977|
|vDetails -see Note|11|||||||||||
|Summary ofthe internal||Organisations|||reporting to|the Circuit Meeting.|Note that the funds ofan Internal Organisation|||would normally|be Restricted|
|||||||Opening|Receipts|Payments|Net Receipts/|Adjustments|Closing balances|
|Internal Organisations||||||balance|||Payments|||
|Circuit Youth Group||||||(13,416)||2,468|(2,468)||(15,884)|





## 

|Huddersfiel|d<br>Cir|c03|t|||||||||C|ircuit No 27/|35|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Balance Sheet||as at31August 2021|||||||
|||||||||Unrestricted|Circuit Madel||Restricted|Endowment||Totals this||Totals last year|
||||||||||Trust Fund||||Funds|year|||
||||||||||{Unrestricted)||||||||
|||||||||||E|||||||
|Tangible Fixed Assets*|||||||||||||||||
||||||||Nates||||||||||
|Circuit manses||||||||2,194,892||||||2,194,892||2 194892|
|Equipment|||||||||||||||||
|Investment|properties|||||||200,000|||||||200,000|200,000|
|investments|||||||12|||9,475|29,830||7,160||46,465|202,991|
||Total||fixed||assets|||2,394,892||9,475|29,830||7,160|2,441,357||2,597,883|
|Current Assets|||||||||||||||||
|Debtors and|Prepayments|||||||42,196|||||||42,196|38,507|
|Other|||||||||||||||||
|Trustees for Methodist||||Church|||||||||||||
|Purposes deposits||||||||||195|39,925||4,497||44,617|331,850|
|Central Finance Board Deposits||||||||427,086|||5,945||||433,031|182,784|
|Cash at Bank and||in hand||||||312,868|||||||312,868|241,872|
||Total|current|||assets|||782,150||195|45,870||4,497||832,712|795,013|
|re<br>& orsan|cern||s|uem|||||||||||||
|under 1yf)|||||||14|100.092|||||||100,092|110,870|
|Net current|assets|{liabilities)||||||682,058||195|45,870||4,497||732,620|684,143|
|ota assets|ess current||||||||||||||||
|liabilities||||||||3,076,950||9,670|75,700||11,657|3,173,977||3,282,026|
|Loans and creditors||due after||||1|||||||||||
|year|||||||14,16||||||||||
|Provisions|for|liabiiities||||and|||||||||||
|charges|||||||14,16||||||||||
||||Net||assets|||3,076,950||9,670|75,700||11,657|3,173,977||3,282,026|
|Funds ofthe|Circuit||||||||||||||||
|Unrestricted|funds|||||||3,076,950||||||3,076,950||2,741,884|
|Circuit Model Trust||Fund|||||||||||||||
|(Unrestricted)||||||||||9,670|||||9,670|459,033|
|Restricted funds|||||||||||75,700||||75,700|70,561|
|Endowment|funds||||||||||||11,657||11,657|10,548|
||||Total||Funds|||3,076,950||9,670|75,700||11,657|3,173,977||3,282,026|
|*Details —see Note||11|||||||||||||||
|Summary ofthe Internal|||Organisations||||reporting to the Circuit Meeting. Note that the funds ofan Internal||||||Organisation|would|normally|be Restricted|
|||||||||Opening|Receipts||Payments|Net Receipts/||Adjustments||Closing balances|
|Internal Organisations||||||||balance|||||Payments||||
|Circuit Youth Group||||||||(12,994)|||422||(422)|||(13,416)|





## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|Statement ofcash flows||||||
|Cash from operating<br>activities||||||
|Net cash used<br>in operating<br>activities||||234,010|{181,139)|
|Cash flows from investing<br>activities||||||
|Dividends, interest and rents from investments<br>Proceeds from the sale of property, p)ant and equipment||||26,013<br>0|30,272<br>0|
|Purchase ofproperty, plant and equipment||||0|0|
|Purchase ofintangible<br>assets||||0|0|
|Proceeds from the sale of investments||||18,650|184,877|
|Purchase ofinvestments||||(1,000)|0|
|Other||||0|0|
|Net cash provided<br>by investing<br>activities||||43,663|215,149|
|Cash flows from financing activities||||||
|New borrowing||||||
|Repayments<br>of borrowing||||||
|Net cash used in Hmancing<br>activities||||||
|Change in cash and cash equivalents<br>in the reporting||period||277,673|34,010|
|Cash and cash equivalents<br>at the beginning|ofthe reporting|period||790,516|756,506|
|Cash and cash equivalents<br>at the end of|the reporting|period||1,068,189|790,516|
|||||2022|2021|
|Reconciliation ofnet income to net cash|flow from operating||activities|6||
|Net income for the reporting<br>period (as per statement offinancial activities)<br>Adjustments<br>for:||||288,111|(108,049)|
|Depreciation<br>and amortisation<br>charges||||0|0|
|Profit on the sale offixed assets||||0|0|
|Loss on the sale offixed assets||||0|0|
|(Gains)/losses<br>on investments||||2,102|{28,351)|
|Dividends,<br>interest and rents from investments<br>Decrease/(increase}<br>in stocks||||(26,013)<br>0|(30,272)<br>0|
|(Increase)/decrease<br>in debtors<br>Increase/(decrease)<br>in creditors||||(29,123)<br>(1,067)|(3,689)<br>(10,778)|
|Net cash used in operating<br>activities||||234,010|(181,139)|
|||||2022|2021|
|Analysis ofcash and cash equivalent||||f.|6|
|Cash in hand||||443,754|312,868|
|Short term deposit (less than 3 months)<br>Total cash and cash equivalents||||624,435<br>1,068,189|477,648<br>790,516|





## 

## 

## 

|Accounting<br>Standard|||
|---|---|---|
|The financial statements<br>have been prepared<br>in accordance with Accounting<br>and Reporting by Charities: Statement<br>ofRecommended<br>Practice (SORp)<br>applicable tocharities preparing<br>their accounts<br>in accordance with the Financial Reporting Standard<br>applicable<br>in the UK and Republic ofIreland (FRS102)<br>(effective from 1January 2015)- (Charties SORP (FRS102)).|||
|Public benefit entity|||
|The Huddersfied<br>Methodist<br>Circuit meets the definition<br>ofa public benefit entity under FRS102.Assets and liabilities are initaliy recognised at historical|||
|cost or transaction<br>value unless otherwise stated in the relevant<br>accounting<br>policy note(s) below|||
|2 Funds|||
|The funds held constitute: General Funds held for any purpose ofthe Circuit which are Unrestricted.<br>The Circuit Model Trust Fund has wide purposes<br>dehned<br>in Standing Orders and is categorised<br>as unrestricted.<br>Restricted funds are those which are held for a narrower<br>purpose. There are also the|||
|following<br>Endowment<br>funds as listed. Details ofeach material fund are disclosed<br>in the final note tothese accounts.<br>Any funds may be represented<br>more than just cash.|by||
|3Accounting<br>policies|||
|Basis|||
|These accounts have been prepared<br>on the basis ofhistorical cost except that investments<br>are shown at their market value at the end ofthe year.The<br>accruals basis has been used and trustees present accounts that show a true and fair view ofthe Oircuit's financial<br>position<br>and activities.|||
|Content|||
|The accounts are expressed<br>in ESterling, rounded to the nearest pound and both current and comparative<br>periods cover 12months.|||
|FRS102SORP2015|||
|These accounts are compliant<br>with FR5102and with FR5102SOBP2015.The accounts have been prepared<br>in accordance with applicable<br>charity law in|||
|England, this being the Charities Act 2011,the Charities SORP (FRS102)and other relevant<br>regulations.|||
|Going concern|||
|Based oiithe monetary<br>assets and resources available<br>at 31August 2022, the trustees believe that the Circuit is a going concern. The trustees<br>have|||
|considered<br>the impact ofthe Covid 19pandemic on the charity.<br>Whist acknowledging<br>that its operations<br>will continue to be affected<br>in the year ending<br>31August 2023,the trustees believe they have put suitable measures<br>in place to ensure that the charity wiig continue to operate and develop its activities|||
|going forward.<br>The trustees therefore believe that the preparation<br>ofthe report and accounts on the going concern basis is appropriate.|||
|Consolidation|||
|The Circuit has denominational<br>regulatory<br>oversight<br>in respect ofthe work ofthe Churches<br>within the Circuit but has no legal or operational<br>control of|||
|those Churches and their governing<br>bodies except in extreme circumstances.<br>For this reason, the rinanciial statements ofChurches within the Circuit are|||
|not consolidated<br>into these financial statements.|||
|Income Recognition|||
|income isbrought<br>into account when the Circuit becomes entitled tothe resources, the trustees are reasonably<br>certain they will receive the resources|||
|and<br>the monetary<br>value can be measured<br>with reliability,<br>In accordance with the Chadities<br>SORP (FR5102),the monetary<br>value ofthe time ofvolunteers||is|
|not recoenised,|||
|Expenditure|||
|This is recognised<br>when a liability<br>is incurred,<br>or a constructive<br>obligation<br>arises, that results<br>in the payment<br>being unavoidable.<br>liabilities are recognised<br>as soon as an outflow ofeconomic benefit is considered<br>more likely than not under the legal or constructive<br>obligation<br>committing<br>the Circuit to pay out|||
|resources.|||
|Grants|||
|Grants made by the Circuit from its own funds are recognised<br>in full atthe time ofagreement<br>or when the Circuit accepts that there is a legal or|||
|operational<br>obligation to make the payment.<br>When the grant<br>is recurrent over more than one year the balance payable<br>in future years istreated as a|||
|provision for future commitments<br>in the Balance Sheet against the appropriate<br>fund, the provision<br>being released<br>in future years as instalments<br>are paid<br>in accordance with the orieinaliv screed terms.|||
|VAT|||
|Since the Circuit is not VAT registered,<br>all input VAT is charged with the expenses to which it refers.|||
|Taxation|||
|As a registered<br>charity the orcuit isexempt from direct taxation on surpluses<br>arising from its principal activities and associated income.|||





## 

## 

## 

## 

## 



## 

|Huddersfield<br>Ci|rcuit|rcuit|||||C|ircuit No 27|/35|
|---|---|---|---|---|---|---|---|---|---|
|4.Donations<br>and|legacies||Unrestricted||Circuit Model<br>Trust Fund||Restricted|2022<br>Total|2021<br>Total|
||||||f|||f|f|
|Donations||||10,000||||10,000|10,000|
|i.egacies||||||||||
|Total||||10,000||||10,000|10,000|
|5.Charitable activities-<br>other|||Unrestricted||Circuit Model<br>Trust Fund||Restricted|2022<br>Total|2021<br>Total|
||||||f||f|f|f|
|Lettings Catherine|Close|||13,200||||13,200|13,240|
|Lettings Town End||Avenue||1,100||||1,100|12,000|
|Lettings Scar Lane||||7,070||||7,070||
|Lettings Datmouth||Avenue||8,10Q||||8,100||
|Rental Gatehead|Church|||1,170||||1,170||
|Circuit Youth Group||||||||||
|Charitable<br>activities||—Other||220||||220|145|
|Total||||30,860||||30,860|25,385|
|6.Other trading activities|||Unrestricted||Circuit Model<br>Trust Fund||Restricted|2022<br>I<br>Total|2021<br>Total|
||||||f|||f|f|
|Lettings (Property|name)|||||||||
|Miscellaneous||||||||||
|Total||||||||||
|7.Investment<br>income|||Unrestricted<br>f||Circuit Nlodel<br>Trust Fund<br>f||Restricted<br>f|2022<br>Total|2Q21<br>Total<br>f|
|Central Finance Board||||1,694||||1,694|1,497|
|TMCP||||||179|998|1,178|4,132|
|Realised gains on|investments|||||141||141|1,643|
|Lettings Wellhouse||School||23,000||||23,000|23 000|
|Total||||24,694||320|998|26,013|30,272|





## 

## 

|Huddersfield<br>Circuit<br>8.Payment to Trustees|||||||Circ|uit No 27/35||
|---|---|---|---|---|---|---|---|---|---|
|||||||||This year|Last year|
|Payments<br>made to trustees for additional|||services provided to the Circuit by agreement|||with||||
|the Circuit Meeting|||||||6|Nil|Nil|
|Number oftrustees who were paid||expenses||||||Nil|Nil|
|Nature ofthe expenses||||||||||
|Total amount<br>paid||||||||||
|9.Feesfor examination<br>or audit ofthe||accounts|||||||Nil|
|Independent<br>examiner's<br>or auditors'||fees|for reporting|on the accounts||||||
|Other fees (eg: advice, accountancy||services) paid to the||independent|examiner or auditor||f<br>f|2,400|2,400|
|||||||||Nil|Nil|
|10.Paid employees||||||||||
|Staff Costs paid during the year were:||||||||||
|Gross wages, salaries and benefits|in|kind||||||||
|Employer's<br>National<br>Insurance<br>costs||||||||264,217|276,166|
|Pension costs||||||||21,692|23,856|
|Apprentice<br>Levy||||||||58,541|64,312|
|Total staff costs||||||||1,467|1,444|
|||||||||345,917|365,778|
|Average number<br>ofstaff employed||during|the year were:|||||||



|264,217|276,166|
|---|---|
|21,692|23,856|
|58,541|64,312|
|1,467|1,444|
|345,917|365,778|
|13.0|13.0|





|||||||0|||3|0||W||||n|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||'0|||||||||||
||||||||||3|R|0|||||0|
|0<br>3-<br>0<br>0R™'<br>0..30||||0|0<br>+|0|O'<br>0<br>O||0 0.<br>0|||0|||||
|3 <br>0|0|3|||||||||||||||
||3<br>W|||||||||||||K|||
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## 

## 

## 

## 

|||||This year|prev year|
|---|---|---|---|---|---|
|investments<br>listed on a recognised Stock Exchange||||||
|Investments<br>held in common|investment|funds,||26,713|46,465|
|Securities not listed on a recognised Stock Exchange||||||
|Other investments||||||
||||Total|26,713|46,465|
|Change in investment<br>values||||||
|Carrying<br>(market) value at beginning ofyear||||46,465|202,911|
|Add: additions to investments|at cost|||1,000||
|Less: disposals at carrying value||||22,854|184,797|
|Net gainj((oss) on revaluation||||2,102|28,351|
|Carrying<br>(market) value at end|ofyear|||26,713|46,465|









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