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2024-12-31-accounts

REGISTERED COMPANY NUMBER: 05321715 (England and Wales)
REGISTERED CHARITY NUMBER: 1137500
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hebden Bridge Little Theatre Limited
Enigma Accountants Ltd
Office B5, Croft Myl
West Parade
Halifax
West Yorkshire
HX1 2EQ
Hebden Bridge Little Theatre Limited

Contents of the Financial Statements for the Year Ended 31 December 2024

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 14
Detailed Statement of Financial Activities 15 to 16
Hebden Bridge Little Theatre Limited

Report of the Trustees

for the Year Ended 31 December 2024

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31December2024.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Theobjectofthecharityistopromote,maintain,improveandadvanceeducationbyencouragementofthe arts
including without limitation, the arts of drama, mime, dance, singing and music.
The charityaims,objectivesand activitiesare reviewedeach year.The review looksat the activitiesundertakenin the
previousyeartoensurethatbenefitshavebeenbroughttothosegroupsthecharitywassetuptohelp.The review
also helps to ensure that our activities remain focused on our stated aims and objectives.

Public benefit

WehavereferredtotheguidancecontainedintheCharityCommission`sgeneralguidanceonpublicbenefit when
reviewing our aims and objectivesand in planning the charity`sfuture activities.In particularthe trustees consider how
planned activities will contribute to the aims and objectives they have set.

Volunteers

The charity is grateful for the assistance of around 70 volunteer workers during the year.

ACHIEVEMENT AND PERFORMANCE

As a registered charitythe aim of Hebden Bridge Little Theatre is to provide opportunitiesfor people of all race,  gender
andinclinationtoexpressthemselvesthroughalltheactivitiesinwhichatheatreisinvolved.Theobviousthings are
actinganddirectingbutthereisamuchwiderrangeofactivitiessuchassetbuilding,wardrobeprops,lighting and
otheraspectsofproducingaplayaswellasthedutiesofhousemanaging,refreshmentserving,barwork and
stewarding.
Outsideoftherolesinvolvedinthedirectproductionofaplaytherearemanyotherareaswherepeoplecan be
involvedsuchasthemaintenanceofabuilding,theorganisationofoutsideeventsandotherwaysthatcan allow
people to express themselves.
Thetheatrehashadabusyyearin2024aswe haveperformed5variedplaysandticketsaleshaveincreased during
the year.
Wealsocontinuetohireoutthetheatretovisitingcompaniessuchaslightopera,choralsociety,LGBGTQ+ events,
HappyValleyPride,schools,filmmakersandtributebands,all of whichgivea wide varietyof peoplethe opportunity
to express themselves.
Thetheatrehasundertakengeneralbuildingmaintenanceincludingdecorating,newwi-fisystemandnew stage
lighting.

FINANCIAL REVIEW

Financial position

Income has increased this year across all activities to £59,087 (2023 £54,306).
Expenditurehasalsoincreasedthisyearto£53,432from£51,919withthelargestexpensebeingproductioncosts of
£23,969 (2023 £16,139).
During the year income has exceeded expenditure by £5,655 (2023 £2,387)
The charity also spent £3,879 (2023 £3,454) on capital additions for new stage lighting and computer equipment.
At present the charity has no restricted funds.
Page 1
Hebden Bridge Little Theatre Limited

Report of the Trustees for the Year Ended 31 December 2024

FINANCIAL REVIEW

Principal funding sources

The principalfundingsourcesof incometo the charitywere productionincomeof £32,481(2023£32,171);lettings of
£15,322 (2023 £6,702)  and income from the bar of £9,150 (2023 £6,637).
These funds supportthe key objectivesof the charityto promote,improve and advancethe arts and maintaina varied
programme of creative arts.

Reserves policy

Attheyearendthecharityhadtotalreservesof£602,289(2023£596,634),andfreereservesof£45,494 (2023
£39,553).The trustees have establisheda level of reserves (that is those funds that are freely available)which will  allow
the charity to operate and meet its objectives and continue as a going concern.

Going concern

The trustees have considered the position regarding going concern.
The charityhas sufficientliquid funds to meet its liabilitiesas they become due and expenditurewill not be authorised
unlesssufficientfundsareinplace.Forthesereasonsthetrusteescontinuetoadoptthegoingconcernbasis for
preparing these financial statements.

FUTURE PLANS

Our season of plays runs from January to December so we have 3 more plays planned for 2025. We will also be hosting
severalothereventssuchasHebdenBridgeLightOpera,RiversideSchoolendoftermplays,TheHappyValley Pride
Festival,StoryMagicChristmasPantoandHebdenBridgeArts.TheTradesClubcontinuestohireourpremisesas a
GreenRoomfortheirperformers.Weareplanningfiveproductionsin2025asusualandarethinkingof resurrecting
our Playwrite Festival which is a competition to encourage new writings for the stage.
We continue to staff the theatre with unpaid volunteers althoughmuch of the maintenancework is now carried out by
paid trades people.
Throughout2025weintendtokeepupgradingourtechnicalequipment.Approximately18lampswillbeobsolete in
thenearfuturesowe intendtochangethemoverthenextcoupleofyears.Thelightingdeskisalsonolongerfit for
purposeandhasnotechnicalsupportfromtheproviderastheyhaveceasedtrading;andsothiswillneedto be
replaced. We have no intention of doing any further alterations to the building at present.
Wearedeterminedtoappointatleast6newmemberstoourcommitteethisyear,hopefullysomeofwhomwill be
young. We want to encourageyoungerpeople to take responsibilitiesfor some of the roles in the theatreto ensure its
continuity. It is also our intention to update our constitution for ratification at the next AGM.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
Thecharityisacompanylimitedbyguaranteewhichwasincorporatedon29December2004andregisteredas a
charity on 16 August 2010. The registered company number is 5321715 and the registered charity number is 1137500.

Charity constitution

The charity is governed by its Memorandum and Articles of Association as amended on 18 June 2010.

Recruitment and appointment of new trustees

Tobecomeatrusteeofthecharityyoumustbeamemberofthecharityandbeapprovedbytheexisting trustees.
Therearecurrently7trustees.Theminimumnumberoftrusteesis3andthemaximumis15.Theliabilityof each
member in the event of winding up is limited to £10.
Page 2
Hebden Bridge Little Theatre Limited

Report of the Trustees for the Year Ended 31 December 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure

The charity is managed and overseen by the trustees.

Decision making

The trustees make decisions regarding strategic matters, all expenditure and the day to day running of the charity.

Induction and training of new trustees

Thepolicyforinductingnewtrusteeshasbeenagreedandtrainingwillbegiventonewtrusteesto familiarise
themselves with the charity and their obligations.

Related parties

TheonlyrelatedpartiesarethetrusteesandMrR HirstwhoisthesonofMrS Hirst(trustee)whohasbeenpaid for
some work undertaken for the charity. The notes to the accounts include details of the transactions.

Risk management

Thetrusteeshaveconductedareviewofthemajorriskstowhichthecharityisexposedandsystemshave been
established to mitigate those risks.
Internalrisks are minimisedby the implementationof proceduresfor the authorisationof all transactionsand projects
and to ensure consistent quality of delivery for all operational aspects of the charitable company.
Externalrisksrelatelargelytofundingasaresultoftheeconomicclimateresultingindifficultiesinthe charity
supportingits projects.The risks are minimisedby the reserves the charityhas and thatthe charitywill not commit to
funding projects unless sufficient resources are in place and will also look to diversify funding if required.
The procedures are periodically reviewed to ensure they still meet the needs of the charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05321715 (England and Wales)

Registered Charity number

1137500

Registered office

Holme Street
Hebden Bridge
Halifax
West Yorkshire
HX7 8EE

Trustees

Mrs A Duffy
Ms J Gore
S Hirst
M A Peel (resigned 26.3.2024)
Mrs S Riches
T S Smith
Ms H Stow
Mrs G M Walker

Company Secretary

Ms J Gore
Page 3
Hebden Bridge Little Theatre Limited

Report of the Trustees for the Year Ended 31 December 2024

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Tracy A Kelliher ACA
Enigma Accountants Ltd
Office B5, Croft Myl
West Parade
Halifax
West Yorkshire
HX1 2EQ

Bankers

Lloyds TSB
This report has been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating
to small companies.
Approved by order of the board of trustees on 25 June 2025 and signed on its behalf by:
Mrs G M Walker - Trustee
Page 4

Independent Examiner's Report to the Trustees of Hebden Bridge Little Theatre Limited

Independent examiner's report to the trustees of Hebden Bridge Little Theatre Limited ('the Company')

IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 December 2024.

Responsibilities and basis of report

As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare 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 accountsof the Company are not required to be audited under Part 16 of the 2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examinationI have  followed
the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith 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

3. 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

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)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tracy A Kelliher ACA
Enigma Accountants Ltd
Office B5, Croft Myl
West Parade
Halifax
West Yorkshire
HX1 2EQ
Date: .............................................
Page 5

Hebden Bridge Little Theatre Limited

Statement of Financial Activities

for the Year Ended 31 December 2024

31.12.24 31.12.23
Unrestricted Total
fund funds
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,550 7,283
Charitable activities
Production Income
32,481 32,171
Other Income
345 1,513
Lettings
15,322 6,702
Other trading activities 2 9,150 6,637
Investment income 3 239 -
Total 59,087 54,306
EXPENDITURE ON
Charitable activities
Production and Lettings Expenditure 53,432 51,919
NET INCOME 5,655 2,387
RECONCILIATION OF FUNDS
Total funds brought forward 596,634 594,247
TOTAL FUNDS CARRIED FORWARD 602,289 596,634
The notes form part of these financial statements
Page 6
Hebden Bridge Little Theatre Limited

Balance Sheet

31 December 2024

Notes
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Prepayments and accrued income
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
8
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
9
Unrestricted funds
TOTAL FUNDS
31.12.24
Unrestricted
fund
£
556,795
1,216
47,551
48,767
(3,273)
45,494
602,289
602,289
602,289
602,289
31.12.23
Total
funds
£
557,081
1,476
39,649
41,125
(1,572)
39,553
596,634
596,634
596,634
596,634
The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year
ended 31 December 2024.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(b)preparingfinancialstatementswhichgive a true andfair view of the stateof affairsof the charitable company
asattheendofeachfinancialyearandofitssurplusordeficitforeachfinancialyearinaccordancewith the
requirementsofSections394and395andwhichotherwisecomplywiththerequirementsofthe Companies
Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7

Hebden Bridge Little Theatre Limited

Balance Sheet - continued

31 December 2024

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
The financialstatementswere approvedby the Boardof Trusteesandauthorisedfor issueon 25 June 2025and were
signed on its behalf by:
S Hirst - Trustee
The notes form part of these financial statements
Page 8
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
prepared in accordancewith the Charities SORP (FRS 102) 'Accountingand Reportingby Charities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it
is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis
andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.

Tangible fixed assets

Depreciationis providedat the followingannualratesin order to write off each assetover its estimated useful
life.
Improvements to property- 15% on reducing balance
Plant and machinery- 15% on reducing balance
Fixtures and fittings- 15% on reducing balance
Computer equipment- 33% on cost

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.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
At present, the charity has no restricted funds.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 9
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
31.12.24 31.12.23
£ £
Bar Income 9,150 6,637
3. INVESTMENT INCOME
31.12.24 31.12.23
£ £
Deposit account interest 239 -
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.12.24 31.12.23
£ £
Depreciation - owned assets 4,165 3,961

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees'remunerationor other benefitsfor the year ended 31 December 2024 nor for the year
ended 31 December 2023.

Trustees' expenses

Therewerenotrustees'expensespaidfortheyearended31December2024norfortheyear ended
31 December 2023.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 7,283
Charitable activities
Production Income
32,171
Other Income
1,513
Lettings
6,702
Other trading activities 6,637
Total 54,306

EXPENDITURE ON

continued...
Page 10
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
Charitable activities
Production and Lettings Expenditure 51,919
NET INCOME 2,387
RECONCILIATION OF FUNDS
Total funds brought forward 594,247
TOTAL FUNDS CARRIED FORWARD 596,634

7. TANGIBLE FIXED ASSETS

COST
At 1 January 2024
Additions
At 31 December 2024
DEPRECIATION
At 1 January 2024
Charge for year
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
Improvements
Freehold
to
property
property
£
£
534,627
10,830
-
-
534,627
10,830
-
6,526
-
645
-
7,171
534,627
3,659
534,627
4,304
Plant and
machinery
£
14,000
2,710
16,710
5,908
1,621
7,529
9,181
8,092
continued...
Page 11
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

7. TANGIBLE FIXED ASSETS - continued

COST
At 1 January 2024
Additions
At 31 December 2024
DEPRECIATION
At 1 January 2024
Charge for year
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
Fixtures
and
Computer
fittings
equipment
£
£
52,533
-
-
1,169
52,533
1,169
42,475
-
1,509
390
43,984
390
8,549
779
10,058
-
Totals
£
611,990
3,879
615,869
54,909
4,165
59,074
556,795
557,081
The freehold land and propertyis included in the accountsat its cost value. The trustees are of the opinion that
thisisafairreflectionofitsmarketvalueasat31stDecember2024.Accordinglynodepreciationhas been
provided in the financial statements.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

9.

Accruals and deferred income
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
31.12.24
31.12.23
£
£
3,273
1,572
Net
movement
At
At 1.1.24
in funds
31.12.24
£
£
£
596,634
5,655
602,289
596,634
5,655
602,289
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
59,087
(53,432)
5,655
59,087
(53,432)
5,655
continued...
Page 12
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

9. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
TOTAL FUNDS
Net
movement
At 1.1.23
in funds
£
£
594,247
2,387
594,247
2,387
At
31.12.23
£
596,634
596,634
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 54,306 (51,919) 2,387
TOTAL FUNDS 54,306 (51,919) 2,387
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Net
movement
At 1.1.23
in funds
£
£
594,247
8,042
594,247
8,042
At
31.12.24
£
602,289
602,289
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 113,393 (105,351) 8,042
TOTAL FUNDS 113,393 (105,351) 8,042
continued...
Page 13
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

10. RELATED PARTY DISCLOSURES

Therearerelatedpartytransactionsin2024relatedtoworkundertakenbyMrRHirst(sonofMr S
Hirst-trustee).Thisamountedto£7,433(2023£10,892)andrelatedtorepairwork,windowcleaning etc
chargedat normal market rates. The amountsinvoicedhad all been paid and there was nothingoutstanding at
the year end.

11. COMPANY STATUS

The companyis registeredin Englandand is limitedby guaranteeand has no share capital.The liabilityof each
member in the event of winding up is limited to £10.

12. INDEPENDENT EXAMINERS REMUNERATION

Fees payable for the independent examination are £340 (2023 £340).
Fees payable for accountancy services are £800 (2023 £840).

13. NON INDEPENDENT EXAMINERS SERVICES

Incommonwithmanyothercharitiesofoursizeandnature,weuseourindependentexaminersto prepare
and submit returns to the tax authorities and assist us with the preparation of the financial statements.
Page 14

Hebden Bridge Little Theatre Limited

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Membership Income
Grants
Other trading activities
Bar Income
Investment income
Deposit account interest
Charitable activities
Production Income
Lettings
Other income
Centenary book sales
Total incoming resources
EXPENDITURE
Charitable activities
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Production costs
Ice cream and refreshments
Licenses
Repairs and renewals
Cleaning and washroom
Bank charges
Website costs
Centenary expenses
Improvements to property
Plant and machinery
Fixtures and fittings
Computer equipment
Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
31.12.24
31.12.23
£
£
185
6,334
1,065
949
300
-
1,550
7,283
9,150
6,637
239
-
32,481
32,171
15,322
6,702
88
63
257
1,450
48,148
40,386
59,087
54,306
1,021
480
1,286
1,181
6,228
4,033
485
576
236
138
1,062
616
23,969
16,139
1,492
1,722
813
687
5,209
16,158
3,319
2,652
178
181
903
330
1,926
1,893
645
760
1,621
1,428
1,509
1,775
390
-
52,292
50,749
Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
31.12.24
31.12.23
£
£
185
6,334
1,065
949
300
-
1,550
7,283
9,150
6,637
239
-
32,481
32,171
15,322
6,702
88
63
257
1,450
48,148
40,386
59,087
54,306
1,021
480
1,286
1,181
6,228
4,033
485
576
236
138
1,062
616
23,969
16,139
1,492
1,722
813
687
5,209
16,158
3,319
2,652
178
181
903
330
1,926
1,893
645
760
1,621
1,428
1,509
1,775
390
-
52,292
50,749
7,283
6,637
-
32,171
6,702
63
1,450
40,386
54,306
480
1,181
4,033
576
138
616
16,139
1,722
687
16,158
2,652
181
330
1,893
760
1,428
1,775
-
50,749
This page does not form part of the statutory financial statements
Page 15
Hebden Bridge Little Theatre Limited

Detailed Statement of Financial Activities

for the Year Ended 31 December 2024

for the Year Ended 31 December 2024
31.12.24 31.12.23
£ £
Support costs
Governance costs
Accountancy fees 800 830
Independent examination 340 340
1,140 1,170
Total resources expended 53,432 51,919
Net income 5,655 2,387
This page does not form part of the statutory financial statements
Page 16