REGISTERED COMPANY NUMBER: 06917504 (England and Wales) REGISTERED CHARITY NUMBER: 1135339
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 May 2024
for
Faith Up
Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants
24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH
Faith Up
Contents of the Financial Statements for the year ended 31 May 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Notes to the Financial Statements | 10 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
Faith Up
Report of the Trustees for the year ended 31 May 2024
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 31 May 2024. 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 Charity's aim continues to be the promotion of Christian education and evangelism and help in relieving poverty, suffering and distress. The grants made by the charity in the annual period continue to reflect these objectives, in particular the promotion of Christian education and evangelism.
Faith up has continued to give to charities, people and organisations involved with Christian education, evangelism and implementing Christian principles designed to further the wellbeing of those living in the UK and abroad. There has continued to be a significant focus on city transformation for the common good. 'City Vision' is the umbrella name under which a range of Faith Up initiatives, projects and partnerships have operated.
City Vision has continued to be the presenting face of Faith Up. It's work with church leaders, civic leaders, charities, Christian ministries and organisations in both the UK and Africa have continued to expand. Faith Up, via City Vision, has seen considerable effort put in, during the period under consideration, to the development of tools and processes, meetings and conferences and other means of enabling people of peace in cities to work more collaboratively
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Faith Up
Report of the Trustees for the year ended 31 May 2024
OBJECTIVES AND ACTIVITIES Significant activities
The last year has been another year of progress for the charity.
Development of our Work
Building on the work of previous years, Faith Up has continued to operate presenting face of City Vision. Those interested in seeing their cities transformed for good through the application of Christian principles, teaching and practice such as Christian leaders in the UK and abroad, in the church, business, charities and local government have continued to engage with our work in positive ways. Faith Up, through City Vision, continues to work to answer the question of how all that is best in Christianity can be brought to bear on lifting the quality of life for all living in cities.
Areas of Activity
Our main areas of activity continue to be focussed on:
a) Enabling change though our platform. New modules have been added enabling co-learning and leader to leader collaboration
b) Effort has gone into developing the work of Vision Wakefield, a local expression of City Vision, during a time of transition in the city when the Bishop of Wakefield and several other senior church leaders retired.
c) Zoom sessions became more prominent in the activity this year as we developed our ability to run international gospel and educational missions in Malawi, Tanzania and Nigeria
d) Regular training sessions continued in Oxford Street with those in the UK closely associated with our work
Digital Communication Platform
As with last year, development of the digital communications platform continued. The platform is designed to enable Christian leaders in cities to work with each other preparing to work together with civic leaders more effectively and with peers in other cities. As stated in previous year's City Vision reports, our vision is to integrate the disparate activities offered by churches in cities to enable a more coherent suite of services to be provided to each city by the church.
Development of the digital communications platform and infrastructure continued. The platform is designed to enable mutually supportive network of Christian initiatives within cities, focused on spiritual growth, community transformation and social impact.
Key components of the platform include modules that enable:
o City-Wide Events o Leadership Connections o Media and Communication o Ministry and Discipleship o Social Impact o Business and Entrepreneurship o Learning and Development:
This vision emphasises unity, collaboration, and service, fostering a transformative Christian presence in every city.
Projects in Africa
We have continued to expand our work in Africa, particularly in Uganda, Malawi, and Tanzania. Through the use of Zoom, we have been able to arrange and broadcast preaching and teaching strengthening Christian education and evangelism efforts in the region. Our initiatives in these countries focus on equipping local leaders, supporting Christian ministries, and fostering community transformation.
Continued Growth both Nationally and Internationally
City Vision has continued to grow in influence. Frequent Zoom calls were undertaken with Christian leaders around the UK during the year to develop strategies as outlined above. Thinking concerning study tours around the model established in earlier years through visits by church leaders to Canada and Holland continued but no further visits occurred. It is hoped that a study tour to Norway might occur in 2025.
Regular Zoom Sessions Conducted Within the City Vision Community.
Morning prayer sessions continued regularly through the year three times a week hosted by invited facilitators. City Vision Governance Advisory meetings continued approximately every 6 weeks.
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Faith Up
Report of the Trustees for the year ended 31 May 2024
OBJECTIVES AND ACTIVITIES
Conferences
Tony Hodges, our founder, spoke at the following Christian conferences through the year. - Unique Women Retreat Conference in Chesham: 19th - 21st July 2024. The conference was well attended by approximately 100 Christian leaders from across the UK.
-
Portsmouth leaders' evening in Portsmouth - 11 May 2023
-
Tony spoke at the first Portsmouth Lord Mayor's Prayer Breakfast on 12 May 2023 to over 100 people. This was arranged by Daniel Harman (a member of the CV and at whose church we did the annual prayer conference last year)
Church Leader Workshops
A real engine of progress for Faith Up (City Vision) has been its continuing work with Christian leaders in Wakefield by means of facilitated workshops. These again were led by the founder and other City Vision team leaders. The Bishop of Wakefield and another 10 church and ministry leaders have attended over 40 workshops now on a regular basis. These workshops have become the epicentre of the learning culture City Vision is seeking to develop in Wakefield and other cities.
Video Production and Video Communication Strategy
The year under review again saw extensive use of video.
In order to keep the CV community updated on the various activities regular update videos were produced. - 4 x CV Update videos (May 2023 - Dec 2023)
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4 x Vison Wakefield Update videos (June 2023 - April 2024)
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Facilitators Learning Community Highlight video (Oct 2023)
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City Vision on the Road in Canterbury video (May 2024)
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Vision Wakefield Awayday highlight video (May 2024)
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Vision Wakefield BBQ highlight video and Leaders invite video (Sept 2023)
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Vision Wakefield Lent Course promo (March 2024)
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Vision Wakefield Prayer every street highlight video (August 2023)
-
Africa, Malawi leadership conference promo (May 2024)
Other Relationships
Support for and with our partners at The Eternal Wall of Answered Prayer continued. This is a significant national initiative to build a one million brick / one million answered prayers database as a national monument to answered prayer. As a £12-14m project, a long view is being taken but City Vision is pleased to be associated with the project. City Vision gives occasional consultancy support and advice on a pro bono basis.
Public Benefit
The foundation belief of City Vision is that the Christian God has the wellbeing of all people in a city in mind and wills their highest good whether they be of the Christian faith, of another faith or of no faith. While not under the aegis of Faith Up, our founder continued in his role as the Chair of Wakefield Business Improvement District. This proved to be a learning ground to better understand how the city works in preparation for bringing the combined church in Wakefield together with other significant stakeholders in the city.
Giving
£120 SOLAS, Apologetics and Evangelism (July 2023-May 2024)
£200 Maximum Impact Services Ltd (June 2023)
£120 Citizens Go (May 2023-May 2024) via credit card
£1,000 to Transformation Leeds (July 2023) £200 Breaking Barriers (Sept 2023) Brendah Nakitend Africa £1050 (Jan 2024 & April 2024) £100 Cross Project (Jan 2024)
Public benefit
Education, ministry, encouragement and support for Christian purposes continue to be the aim of Faith Up. The branding of 'City Vision' has however been the presenting face for much of Faith Ups activities as the work becomes more and more focused on cities and wellbeing of those living in them. The foundation belief of City Vision is that the Christian God has the wellbeing of all people in a city in mind and wills their highest good whether they be of the Christian faith, other faiths or no faith.
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Faith Up
Report of the Trustees
for the year ended 31 May 2024
OBJECTIVES AND ACTIVITIES
Governance Board
The Faith Up advisory board continued to meet approximately every 4-6 weeks. Dennis Pethers, founder of The Rooftop ministry, continued as Chair. The board continued to enjoy the support of Andrew Rogers who previously ran the insurance division of HSBC in the Middle East, Celia Apeagyei-Collins, President of Rehoboth Ministries and Mike Brickley, former President of the Silicon Valley Bank and President of the Pocket Testament League and Ken Janke, a mission leader in Denver.
Staff
People employed by Faith Up:
-
Naz Masih: Operations Lead
-
Charis Dirdova: Media Lead
-
Annemarie Visoinau-Kanatas: Strategic Lead (part time)
-
Sarah Feroz: Junior Media Assistant (part time
ACHIEVEMENT AND PERFORMANCE
Charitable activities
City Vision continues to be recognised as a national peace building initiative aimed at bringing the love, peace and righteousness that is central to the Christian gospel, to city leaderships. Our work is one of reconciliation and facilitation, seeking to bring pulpit and marketplace together with civic leaders.
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Faith Up
Report of the Trustees for the year ended 31 May 2024
ACHIEVEMENT AND PERFORMANCE June 2023 - May 2024 Significant activities:
Event
Regular: Facilitators Learning Community (FLC) Workshops Regular: Vision Wakefield (VW) Workshops Regular: Bishop Breakfasts Regular: Three times a week hosted morning prayer sessions Regular: Online City Vision breakfasts with guest speakers Regular: City Vision Governance Advisory Group zoom calls Regular: Weekly services with Pastor Elijah in Uganda Regular: Platform developers, frequent meetings about development Countless zoom meetings with various leaders throughout the year
Other:
Conference: Everything conference 16/3/23 Conference: Speaking engagement: Antony Tembo church, Leeds 3/6/23 Conference: City Table: The Business Connection, Dundee, 21/6/23-2/7/23 Conference: Gathering City Changers conference, Milton Keynes 22/7/23 Conference: ICCC conference, Uxbridge 30/6/23-2/7/23 Conference: ICCC Business Unlimited Conference April 2024 Conference: Speaking engagement: Healing Wings, Canterbury 4/5/24 Conference: Speaking engagement, Leaders Connect 22/7/23 VW: Vision Wakefield BBQ - Heath Hall 11/9/23 VW: Mayor's pre-gathering, Elim church, Huddersfield 25/9/23 VW: Christmas Outreach event, Treacy Hall, Wakefield 27 th October VW: Carolling, Wakefield 13/12/23 VW: Christmas Card Competition event 11/1/24 VW: Bishops Breakfast, 25/1/24 VW: Lent Course across churches 13/3/24 Africa: M4J Uganda Conference (online) Sept 2023 Africa: Uganda Conference Jan 2024 Africa: Speaking engagement; Malawi Easter Special Service (online) 29/3/24 Africa: Online Bible School (Uganda) April 2024 Africa: Speaking engagement: Malawi Leadership Conference (online) May 2024 Ceremony: BID Awards Ceremony 29/9/23 3 Cities: Lunch at Heath Hall 23/2/24 Conference: Face to face meeting with Mayor of Leeds Event: Pizza Evening with Mike Brickley (Sacramento) & Daniel Buttofuoco (New York) Team: Awayday 19/3/24 USA: Trip to USA (Tampa, Denver, Chicago, Toronto for meetings with Christian leaders May 2024 USA: Conference, Global Gathering May 2024
FINANCIAL REVIEW
Principal funding sources
As in previous years Faith Up has been privately financed by the founders and has not actively sought financial support externally.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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Faith Up
Report of the Trustees for the year ended 31 May 2024
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
06917504 (England and Wales)
Registered Charity number 1135339
Registered office
The Coach House Heath Wakefield West Yorkshire WF1 5SL
Trustees
Mrs V Hodges A M Hodges Ms A Visoianu Kanatas (appointed 13.9.24) S L Banner (appointed 13.9.24)
Independent Examiner
Simon Hart Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants 24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH
Approved by order of the board of trustees on 21 February 2025 and signed on its behalf by:
A M Hodges - Trustee
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Independent Examiner's Report to the Trustees of Faith Up
Independent examiner's report to the trustees of Faith Up ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2024.
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(5) (b) of the 2011 Act.
Independent examiner's statement
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:
-
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
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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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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 of the accounts to be reached.
Simon Hart
Simon Hart FCCA Hart Wright Accounting Chartered Certified Accountants 24 Hall Drive Sutton In Craven North Yorkshire BD20 7NH
Date: .............................................
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Faith Up
Statement of Financial Activities
for the year ended 31 May 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 206,816 EXPENDITURE ON Charitable activities Governance costs 17,774 Other 191,481 Total 209,255 NET INCOME/(EXPENDITURE) (2,439) RECONCILIATION OF FUNDS Total funds brought forward 2,177 TOTAL FUNDS CARRIED FORWARD (262) |
2023 Total funds £ 161,927 163,590 33,117 196,707 (34,780) 36,957 2,177 |
|---|---|
The notes form part of these financial statements
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Faith Up
Balance Sheet
31 May 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Debtors | 8 | 8 | 295 |
| Cash at bank | 1,287 | 6,866 | |
| CREDITORS | 1,295 | 7,161 | |
| Amounts falling due within one year | 9 | (1,557) | (4,984) |
| NET CURRENT ASSETS/(LIABILITIES) | (262) | 2,177 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | (262) | 2,177 | |
| NET ASSETS | (262) | 2,177 | |
| FUNDS | |||
| Unrestricted funds | (262) | 2,177 | |
| TOTAL FUNDS | (262) | 2,177 | |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.
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 21 February 2025 and were signed on its behalf by:
A M Hodges - Trustee
The notes form part of these financial statements
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Faith Up
Notes to the Financial Statements for the year ended 31 May 2024
1. 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
- 20% on cost
Related party exemption
The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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.
continued...
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Faith Up
Notes to the Financial Statements - continued for the year ended 31 May 2024
2. DONATIONS AND LEGACIES
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||||
|---|---|---|
|2024|2023|
|£|£|
|Gifts|(1)|1|
|Donations|206,817|161,926|
|206,816|161,927|
----- End of picture text -----
3. SUPPORT COSTS
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||||||
|---|---|---|---|---|
|Governance|
|Management|Finance|costs|Totals|
|£|£|£|£|
|Other resources expended|176,951|-|120|177,071|
|Governance costs|13,143|173|4,458|17,774|
|190,094|173|4,578|194,845|
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4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
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||||
|---|---|---|
|2024|2023|
|£|£|
|Accountancy|120|120|
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5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 May 2024 nor for the year ended 31 May 2023.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
7.
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----- Start of picture text -----
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|---|---|---|
|2024|2023|
|Administration|4|4|
|No employees received emoluments in excess of £60,000.|
|TANGIBLE FIXED ASSETS|
|Fixtures|
|and|
|fittings|
|£|
|COST|
|At 1 June 2023 and 31 May 2024|2,824|
|DEPRECIATION|
|At 1 June 2023 and 31 May 2024|2,824|
|NET BOOK VALUE|
|-|
|At 31 May 2024|
|-|
|At 31 May 2023|
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continued...
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Faith Up
Notes to the Financial Statements - continued for the year ended 31 May 2024
8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accrued expenses 10. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: Within one year |
2024 £ 8 2024 £ - 1,557 1,557 2024 £ 12,384 |
2023 £ 295 2023 £ 74 4,910 4,984 2023 £ 12,384 |
|---|---|---|
The organisation entered into a rental agreement with Unity Hall for two offices on a 1 year renewable contract .
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2024.
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Faith Up
Detailed Statement of Financial Activities for the year ended 31 May 2024
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Total incoming resources EXPENDITURE Other Donations Travel Support costs Management Wages Pensions Insurance Postage and stationery Advertising Room Hire Consultancy Computer costs Finance Sundries Bank charges Governance costs Auditors' remuneration Accountancy and legal fees Total resources expended Net expenditure |
2024 £ (1) 206,817 206,816 206,816 4,790 9,620 14,410 104,512 2,578 1,800 3,132 8,765 270 17,272 51,765 190,094 76 97 173 120 4,458 4,578 209,255 (2,439) |
2023 £ 1 161,926 161,927 161,927 3,465 13,370 16,835 105,189 7,142 2,040 4,538 1,474 10,270 26,534 18,480 175,667 - 35 35 120 4,050 4,170 196,707 (34,780) |
|---|---|---|
This page does not form part of the statutory financial statements
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