Old London Road Pre-school Limited
Company limited by guarantee
Old London Road Pre~school Limited
Financial Statements
st
For the period I September 2023- 31" August 2024
Registered as 4 compan!. limited b) Gu*rante¢ in Ellglg￿d & Wale9
Registered Offi¢e: 33 iaynehin Court. Elmsh911 Plac& St AlbaD& ALI 3
Regislertd Yo: 7287688
Re£￿tered Charity No: 1137573
Page1of8

Old London Road Pre4chool Limited
Company limited by guarantee
Contents
Pag•
Directors. report
Profit and loss ar£ount
Balance sheet
Notes to the financial statements
Page2of8

Old London Road Pre-school Limited
Company limitsd by guarantee
Directors. report for the period 1 September 2023- 31 August 2024
The direc*ors p￿sent their report and the financial statements for the period 1 September 2023 -
31° August 2024.
Objectivu of th• Charlty
The obJe¢tives of the Pr8-School are to enhance the development and education of children primarily
under statutory school age by encouraging parents to understand and prowde for the need8 of their
hildren through community groups and by.-
OlferirwJ appropriale play. education and care faciliti.es and training courses. lojether with the right of
parents to take rèsponsibilty for and to become involved in the activities of such groups, ensuring that
such groups offer opportunrties for all children whatever their race. culture, religion, means or ability.,
Encouraging the study of the needs of such ¢hildren and their families and promoting public inter88t
in arKI recognrtion of such needs,.
Instyating and adhering to and furthering the aims and objects of the Pre-school Learning AllianGe.
M•Mg*nanl
The goveming documents of the company are rts memorandum and articles of assoGiation.
management of the chanty is through a Committee of volunteers who are the directors of the
ompany. The day to day running of the chanty is via a team of paid Staff.
The w84chool is a registered ¢harity11137573) and is registered with Ofsted (123849).
Dlr•ctorn
The diredors who served dunng the year are as stated below'.-
Amelia Hodge
Jennrfer Mouratsing
Rosa Stacey (appointed 13° December 2022)
sa Gallagher (appointed 13° December 2022)
Emily Amislrong (appointed 15" March 2023)
Rachel Horgan lappoinled 25 January 2023)
Kathryn Kariyawasam {appointed 15° December 20221
Hannah Rimmer (appointed 13 December 2022)
None of the diredors has any beneficial interest in the company. All of the Directors are members of
the c(xnpany and guarantee to contribute £1 in the event of ￿r￿ling up.
Secretary
Lucy Good
Page3of8

Old London Road Pre-school Limited
Company limited by guarantse
Review of Actlvities
Chikl numbers were in line wth a usual Autumnal entry in September 2022, wrth numbers ri5W¥J
throughout the year and a heatthy waiting list maintained. The govemment expanded furKkd
childcare lo working parents of 2 years olds in Apn"I which raised our numbers to 100% occupar)cy in
Ihe summer term. Some of our families V￿re able to lake up the offer of using spaces in our nursery
year group. which in tum creatèd spaces for us to enroll new children that were in n88d of a we-
School place.
We launched our Ju8t GNing page which has made receiving donations from our supporters much
easier. A QR code was also added to our ￿bSrte to encourage familles.
County council funding continued to make up the majoiity of fees at our pre-school from 3 and 4 year
old children, supported 2 year old families. working 2 year old families and earty years pupil premium.
The couthy council funding was grealer than last year due to the increase in funding for both
universal, 2 yéar funding and the funding expansion.
Parent fees vftr8 16.7% higher than last year due to an increase in our hourty rate from non-funded 2
year olds. Wages were higher than last year because of the 10% national minimum wage increase
and the higher ratios we needed for 2 year olds.
We were able to successfully run a number our annual fundraising events such a8 the Fun day and
the sponsored bounce which parents and the community continued to gènerously support. We used
the funds raised from our sponSo￿d b)unce lo purchase a new mud kitchen for our garden
provides much enjoyment and leaming opportunities for the preschool children. We have also been
able to continue to fundraise as part of the St. Albans districl community lottery The earfy years pu￿1
premium money that we received enabled some of our disadvartaged familK8s to join our pre-school
trip lo 8ekonscol Model Village.
We continue to support our children 7Atyth addrtional needs and have welcomed new children vk
need extra help and support in the pre-school setting. We work dosely wth the families and relevant
professionals to ensure that the best care and support is provided in a number of ways. One of our
depulies has completed their Certsey SENCO qualifiGation whbth enables us lo further supp￿1 our
families and children in our care.
Two members of staff completed their EYPDP training vthich broughl in extra funding on Ihe
completion of this course. The knowledge gained was cascaded to the team to improve our provision
and enable our newer members of staff to have a good understanding of the requirements of beiNJ a
practrtioner in our setting.
The Directors, extend their Ihanks to all the pre-school staff for their conts'nued dedicats'on, resilience,
professionalism and enthusiasm during this year.
Review of Flnanclal posltlon
During the period the p￿schOol made a profit of £26,005. Reserves at the end of the period **re
£160,547 of which £847 are restncted for funding staff outdoor training.
Page4of8

Old London Road Pre-school Limited
Company Ilmlted by guarantee
Slatement of finan¢lal activlties for the perlod 1 September 2023- 31 August 2024
Notes
2024
2023
Incoming Rmources
Incomlng r￿Qur¢￿ from Don•tlon• & l•g•cl••
Donations
214
103
HertfordshI￿ County Council Funding
Pre-school Fees
187,489 123,067
85,764
73,470
Incomlng Mourc•• frryn oth•r tr•dlng •ctlvltb••
Fundraising
5,312
5,702
Incomlng re•ourcM frorn In¥Mtm•nt•
Investment Income
1.503
702
Total Incomlng R•sourc
280.282 203.044
Expondlturo
Expgndlturn on rnl¥lng fund•
Fundraising
2.269
2.316
Expendlturn on ¢h•Tltsbl• •ctb¥ltl••
Pre-school operating costs
Pre-school wages
Rent
26,189
18,239
215,039 179,677
10,800
11,521
Oth•r Exyndrtur•
Bank charges
Total Resourcm Expend
254,277 211,753
Not Movement In Resou￿0*
26,005
(8,709)
Reconclllatlon of Funds
Total funds brought forward
134,542 143,251
Totsl funds carried Fornard
160,547 134,542
Page5of8

Old London Road Pre•8chool Limited
Company limited by guarantee
Balance sheet as at 31. August 2024
Notss 2024
2023
Total Fixed Assets
Current Assets
Sundry Debtors
Cash at bank and in haThJ
4,253
160,747 130,488
160 747 134 741
Less Credltors:
Amounts falling due within one year
2C(I
200
Net Current as•ets
160,$47 134,641
Totsl a*••t•1•*8 curr•nt Ilablllllos
160,$47 134,541
Total Net as$•t•
160.547 134.541
Funds
Restricted Income funds
Unrestncted Funds
159,700 133,695
Tolal Charlty Funds
160.547 134 542
Dlrectors, statements for the porlod 1" SoPtomb•r 2023- 31" August 2024
For the period 1 September 2023 - 31° August 2024 the company was enlitled to exemption lffxn
audrt under section 477 of the Companies Act 2006 relating to small companies.
Directors. responsibilrties..
the members have not required the Gompany to obtsin an audit of its accounts for the year in
question in accordance with section 476,
the directors aGknowledge their responsibilrties for complying wrth the requirements of Act
with respect lo accounting records and the preparation of accounts.,
these accounts have been prepared in accordanc£ wrth the wovisions applicable to
companies subject to the small cornpanies, regim8
These fi'nancial slatements have been prepared in acGordanrE wrth the special provisions to small
companies and with the Finanual Reporting Standafd for Smaller Entities (effeclive January 200n.
The finan¢ial statements were approved by the Board on 28 November 2024 and signed on its
behalf by..
Jennlfer Mouratsing
Diroctor
Page6of8

Old London Road Pre4chool Limited
Company limlted by guarantse
Notss to the financial statements
for the period 1 September 2023 - 31" August 2024
1. Accounting policies
1.1 Basis of preparatlon
The accounts have been prepared under the hBlorical cost convenb"on.
The aceounts have been prepared in ac£ordance wth apPItab￿ accounting $tsndards. the Finanoal Rep)rbng
Stsndard for Smaller Entities leffectsve Apnl 20081, the SL*ement of Recommended PraciKe. "Accounting and
Reportsng by Chanties" tssued In PAarch 2LKJ5 and the Compan*s Act 2006.
1.2 Incoming resources
Fees. donations and grants are ￿£oUnted for ¥then receivable. Grfts and servw in kind were not material in
the period.
1.3 Resources •xpondod
All resources are eX￿nded in furtherance of the prov15￿ of w. edueatN)n and recreational facilrtie5 for the
Pre-SclvJol chil¢Jren.
1.4 Taxallon
The chty is exempt from corporation tax on its charita￿e vLtivibes.
1.5 Fund accountlng
Unrestrthj lun¢Js ¢an be used in accordance with the Charitab￿ obj'ectives at tho discretion of the tru8te85.
Reslrthd funds can only be used for particular reslncted purposes ¥ffithin the objects of the charity. Restriction8
arise specified by the donor or when fvnds are fatsed for partKukr restncled purposes.
Further explanation of the na￿re and wrF¥)se of ea¢h fvnd is induded in the notes to the financial statements.
2. Hertlordshlre County Councll fundlng
2024
£167.538
£15.880
£2.551
£1.520
2023
£114.216
£6.118
£2.618
£116
T￿fj, Three and Four year old funding
Excepts'onal l H￿h Needs FuTh1ing
Pupil Premium Funding
EYPDP Funding
Totsl Fundlng
£187889
£123.067
3. Inveslment Income
2024
£1,503
2023
£702
Bank rteresl re¢eivable
Tot•1 Inve•tm•nt Incom•
£1J03
£702
4. Tru8t•es' romuneratlon and boneffts
There were no tTU$tees' remunerab.on or olher beneffts for the year erKl¢(131 August 2024 or the year ended
31° AwJusl 2023.
Trustees. expenses
There *Ere no trustees, expenses paid for the year ended 31 August 2024 or the year ended 31 August
2023.
Page7of8

Old London Road Pre-school Limited
Company limited by guarantee
5. Employees
Tho av¢fage number of omploy•68 durlng th• p•rfod
Directors lunpaidl
Management and teaching
2024
2023
16
14
Employment Costs
Wages & Salaries
Social Secunty costs
Pension contributions
Charity Payroll lees
2024
£169,898
£23.164
£21,fM17
£970
2023
£149,861
£18.948
£9,956
£911
No employees received empbyee bgnefits of more than £60,CA)O.
6. Debtorn
Unpaid Invoiees
Fundraising Income related to 2023 Fun Day
2024
£0
2023
£3,753
£500
7. Cr•dltors
Unpa+d Invol￿S
2024
£200
2023
£200
8. Funds
Rfj•trl¢ted Fund8
Reslncted funds of £847 were being hekj al the beginning of the yoor for ftxest schty)I staff training.
Movement In Fund•
Net Mov•m¢nt
In funds
At 1.9.23
At 31.8.24
Unrestricted Funds
Restricted Funds ITroiningl
133.695
26,005
159,7tXI
Tot•1 Fund•
134,$42
26.005
160.547
Net movement In fund•, Included In th• •l)ov• arn M follo￿.
Incomlng
R￿QUr¢
Resources
Expend•d
Movement
In Fundi
Unrestricted Funds
Restri¢led Funds
280.282
1254.2771
26,005
Totsl Fund8
280,282
254.277
26,005
Page8of8

Old London Road Pre-school Limited
Company limited by guarantee
Old London Road Pre~school Limited
Financial Statements
st
For the period I September 2023- 31" August 2024
Registered as 4 compan!. limited b) Gu*rante¢ in Ellglg￿d & Wale9
Registered Offi¢e: 33 iaynehin Court. Elmsh911 Plac& St AlbaD& ALI 3
Regislertd Yo: 7287688
Re£￿tered Charity No: 1137573
Page1of8

Old London Road Pre4chool Limited
Company limited by guarantee
Contents
Pag•
Directors. report
Profit and loss ar£ount
Balance sheet
Notes to the financial statements
Page2of8

Old London Road Pre-school Limited
Company limitsd by guarantee
Directors. report for the period 1 September 2023- 31 August 2024
The direc*ors p￿sent their report and the financial statements for the period 1 September 2023 -
31° August 2024.
Objectivu of th• Charlty
The obJe¢tives of the Pr8-School are to enhance the development and education of children primarily
under statutory school age by encouraging parents to understand and prowde for the need8 of their
hildren through community groups and by.-
OlferirwJ appropriale play. education and care faciliti.es and training courses. lojether with the right of
parents to take rèsponsibilty for and to become involved in the activities of such groups, ensuring that
such groups offer opportunrties for all children whatever their race. culture, religion, means or ability.,
Encouraging the study of the needs of such ¢hildren and their families and promoting public inter88t
in arKI recognrtion of such needs,.
Instyating and adhering to and furthering the aims and objects of the Pre-school Learning AllianGe.
M•Mg*nanl
The goveming documents of the company are rts memorandum and articles of assoGiation.
management of the chanty is through a Committee of volunteers who are the directors of the
ompany. The day to day running of the chanty is via a team of paid Staff.
The w84chool is a registered ¢harity11137573) and is registered with Ofsted (123849).
Dlr•ctorn
The diredors who served dunng the year are as stated below'.-
Amelia Hodge
Jennrfer Mouratsing
Rosa Stacey (appointed 13° December 2022)
sa Gallagher (appointed 13° December 2022)
Emily Amislrong (appointed 15" March 2023)
Rachel Horgan lappoinled 25 January 2023)
Kathryn Kariyawasam {appointed 15° December 20221
Hannah Rimmer (appointed 13 December 2022)
None of the diredors has any beneficial interest in the company. All of the Directors are members of
the c(xnpany and guarantee to contribute £1 in the event of ￿r￿ling up.
Secretary
Lucy Good
Page3of8

Old London Road Pre-school Limited
Company limited by guarantse
Review of Actlvities
Chikl numbers were in line wth a usual Autumnal entry in September 2022, wrth numbers ri5W¥J
throughout the year and a heatthy waiting list maintained. The govemment expanded furKkd
childcare lo working parents of 2 years olds in Apn"I which raised our numbers to 100% occupar)cy in
Ihe summer term. Some of our families V￿re able to lake up the offer of using spaces in our nursery
year group. which in tum creatèd spaces for us to enroll new children that were in n88d of a we-
School place.
We launched our Ju8t GNing page which has made receiving donations from our supporters much
easier. A QR code was also added to our ￿bSrte to encourage familles.
County council funding continued to make up the majoiity of fees at our pre-school from 3 and 4 year
old children, supported 2 year old families. working 2 year old families and earty years pupil premium.
The couthy council funding was grealer than last year due to the increase in funding for both
universal, 2 yéar funding and the funding expansion.
Parent fees vftr8 16.7% higher than last year due to an increase in our hourty rate from non-funded 2
year olds. Wages were higher than last year because of the 10% national minimum wage increase
and the higher ratios we needed for 2 year olds.
We were able to successfully run a number our annual fundraising events such a8 the Fun day and
the sponsored bounce which parents and the community continued to gènerously support. We used
the funds raised from our sponSo￿d b)unce lo purchase a new mud kitchen for our garden
provides much enjoyment and leaming opportunities for the preschool children. We have also been
able to continue to fundraise as part of the St. Albans districl community lottery The earfy years pu￿1
premium money that we received enabled some of our disadvartaged familK8s to join our pre-school
trip lo 8ekonscol Model Village.
We continue to support our children 7Atyth addrtional needs and have welcomed new children vk
need extra help and support in the pre-school setting. We work dosely wth the families and relevant
professionals to ensure that the best care and support is provided in a number of ways. One of our
depulies has completed their Certsey SENCO qualifiGation whbth enables us lo further supp￿1 our
families and children in our care.
Two members of staff completed their EYPDP training vthich broughl in extra funding on Ihe
completion of this course. The knowledge gained was cascaded to the team to improve our provision
and enable our newer members of staff to have a good understanding of the requirements of beiNJ a
practrtioner in our setting.
The Directors, extend their Ihanks to all the pre-school staff for their conts'nued dedicats'on, resilience,
professionalism and enthusiasm during this year.
Review of Flnanclal posltlon
During the period the p￿schOol made a profit of £26,005. Reserves at the end of the period **re
£160,547 of which £847 are restncted for funding staff outdoor training.
Page4of8

Old London Road Pre-school Limited
Company Ilmlted by guarantee
Slatement of finan¢lal activlties for the perlod 1 September 2023- 31 August 2024
Notes
2024
2023
Incoming Rmources
Incomlng r￿Qur¢￿ from Don•tlon• & l•g•cl••
Donations
214
103
HertfordshI￿ County Council Funding
Pre-school Fees
187,489 123,067
85,764
73,470
Incomlng Mourc•• frryn oth•r tr•dlng •ctlvltb••
Fundraising
5,312
5,702
Incomlng re•ourcM frorn In¥Mtm•nt•
Investment Income
1.503
702
Total Incomlng R•sourc
280.282 203.044
Expondlturo
Expgndlturn on rnl¥lng fund•
Fundraising
2.269
2.316
Expendlturn on ¢h•Tltsbl• •ctb¥ltl••
Pre-school operating costs
Pre-school wages
Rent
26,189
18,239
215,039 179,677
10,800
11,521
Oth•r Exyndrtur•
Bank charges
Total Resourcm Expend
254,277 211,753
Not Movement In Resou￿0*
26,005
(8,709)
Reconclllatlon of Funds
Total funds brought forward
134,542 143,251
Totsl funds carried Fornard
160,547 134,542
Page5of8

Old London Road Pre•8chool Limited
Company limited by guarantee
Balance sheet as at 31. August 2024
Notss 2024
2023
Total Fixed Assets
Current Assets
Sundry Debtors
Cash at bank and in haThJ
4,253
160,747 130,488
160 747 134 741
Less Credltors:
Amounts falling due within one year
2C(I
200
Net Current as•ets
160,$47 134,641
Totsl a*••t•1•*8 curr•nt Ilablllllos
160,$47 134,541
Total Net as$•t•
160.547 134.541
Funds
Restricted Income funds
Unrestncted Funds
159,700 133,695
Tolal Charlty Funds
160.547 134 542
Dlrectors, statements for the porlod 1" SoPtomb•r 2023- 31" August 2024
For the period 1 September 2023 - 31° August 2024 the company was enlitled to exemption lffxn
audrt under section 477 of the Companies Act 2006 relating to small companies.
Directors. responsibilrties..
the members have not required the Gompany to obtsin an audit of its accounts for the year in
question in accordance with section 476,
the directors aGknowledge their responsibilrties for complying wrth the requirements of Act
with respect lo accounting records and the preparation of accounts.,
these accounts have been prepared in accordanc£ wrth the wovisions applicable to
companies subject to the small cornpanies, regim8
These fi'nancial slatements have been prepared in acGordanrE wrth the special provisions to small
companies and with the Finanual Reporting Standafd for Smaller Entities (effeclive January 200n.
The finan¢ial statements were approved by the Board on 28 November 2024 and signed on its
behalf by..
Jennlfer Mouratsing
Diroctor
Page6of8

Old London Road Pre4chool Limited
Company limlted by guarantse
Notss to the financial statements
for the period 1 September 2023 - 31" August 2024
1. Accounting policies
1.1 Basis of preparatlon
The accounts have been prepared under the hBlorical cost convenb"on.
The aceounts have been prepared in ac£ordance wth apPItab￿ accounting $tsndards. the Finanoal Rep)rbng
Stsndard for Smaller Entities leffectsve Apnl 20081, the SL*ement of Recommended PraciKe. "Accounting and
Reportsng by Chanties" tssued In PAarch 2LKJ5 and the Compan*s Act 2006.
1.2 Incoming resources
Fees. donations and grants are ￿£oUnted for ¥then receivable. Grfts and servw in kind were not material in
the period.
1.3 Resources •xpondod
All resources are eX￿nded in furtherance of the prov15￿ of w. edueatN)n and recreational facilrtie5 for the
Pre-SclvJol chil¢Jren.
1.4 Taxallon
The chty is exempt from corporation tax on its charita￿e vLtivibes.
1.5 Fund accountlng
Unrestrthj lun¢Js ¢an be used in accordance with the Charitab￿ obj'ectives at tho discretion of the tru8te85.
Reslrthd funds can only be used for particular reslncted purposes ¥ffithin the objects of the charity. Restriction8
arise specified by the donor or when fvnds are fatsed for partKukr restncled purposes.
Further explanation of the na￿re and wrF¥)se of ea¢h fvnd is induded in the notes to the financial statements.
2. Hertlordshlre County Councll fundlng
2024
£167.538
£15.880
£2.551
£1.520
2023
£114.216
£6.118
£2.618
£116
T￿fj, Three and Four year old funding
Excepts'onal l H￿h Needs FuTh1ing
Pupil Premium Funding
EYPDP Funding
Totsl Fundlng
£187889
£123.067
3. Inveslment Income
2024
£1,503
2023
£702
Bank rteresl re¢eivable
Tot•1 Inve•tm•nt Incom•
£1J03
£702
4. Tru8t•es' romuneratlon and boneffts
There were no tTU$tees' remunerab.on or olher beneffts for the year erKl¢(131 August 2024 or the year ended
31° AwJusl 2023.
Trustees. expenses
There *Ere no trustees, expenses paid for the year ended 31 August 2024 or the year ended 31 August
2023.
Page7of8

Old London Road Pre-school Limited
Company limited by guarantee
5. Employees
Tho av¢fage number of omploy•68 durlng th• p•rfod
Directors lunpaidl
Management and teaching
2024
2023
16
14
Employment Costs
Wages & Salaries
Social Secunty costs
Pension contributions
Charity Payroll lees
2024
£169,898
£23.164
£21,fM17
£970
2023
£149,861
£18.948
£9,956
£911
No employees received empbyee bgnefits of more than £60,CA)O.
6. Debtorn
Unpaid Invoiees
Fundraising Income related to 2023 Fun Day
2024
£0
2023
£3,753
£500
7. Cr•dltors
Unpa+d Invol￿S
2024
£200
2023
£200
8. Funds
Rfj•trl¢ted Fund8
Reslncted funds of £847 were being hekj al the beginning of the yoor for ftxest schty)I staff training.
Movement In Fund•
Net Mov•m¢nt
In funds
At 1.9.23
At 31.8.24
Unrestricted Funds
Restricted Funds ITroiningl
133.695
26,005
159,7tXI
Tot•1 Fund•
134,$42
26.005
160.547
Net movement In fund•, Included In th• •l)ov• arn M follo￿.
Incomlng
R￿QUr¢
Resources
Expend•d
Movement
In Fundi
Unrestricted Funds
Restri¢led Funds
280.282
1254.2771
26,005
Totsl Fund8
280,282
254.277
26,005
Page8of8

Independent examinerfs report on the
accounts
Section A
Independent Examiner's Report
Report to tha trustsesl
mombors of
OLD LONDON ROAD PRE-SCHOOL LIMITED
On accounts for tho year
gnded
31. August 2024
Charlty no
(if any)
1137573
Set out on pages
-F 8
Re•pectlvo The ¢hantV$ trustees are responsible for the preparatson of the accounts. The
re8pon8ibiliti08 of charity's trustees conS￿er Ihal an audrt is not requifed for this year under 8eGtion
tru8tee8 and examiner 144 of the Charrt*s Acl 2011 {the Chan1￿ A£tl and that an Independent
examination is needed.
It is my responsibilty to..
examine the accounts uThJer Secti(￿ 145 of the Chanti•s Act,
lo folltr•V the prcrtedufes laid down in the general Directions given by t￿ Charity
Commission (under section 145{5llbl of the charit￿ Act, and
to stste whether Pa￿c￿lar matters have come to my attention.
Ba818 of ind•pendent My examination was carried out in accordance wrth general Directions given by the
•xaminer'8 atatèmènt Charty Commission. An examination includes a re¥￿W of the accounting records
kept by the charity and a ccmparison of the accounts presented with those records.
It also includes consideration of any unusual rtems or disclosures in the accounts,
and seeking explanations from the trustee8 concemiryJ any such matter8. The
pro¢¢dures undertaken do not provide all the evidence thal would t* required In an
audrt, and consequentty no opinion is gNen as to whether the accounts preBenl a
'true and fail vth¥ and th8 report is l¥nrted to those matters sel out in the statement
bekhv.
Ind•p•nd•nt In connection bwth my exarninatim. no matter has o)n* to my attention (other than
•xamlnef 8 Statement that disclosed below "I
l. which gives me reastywble ￿U80 to believe that in, any material respect, the
requirements".
lo keep a¢¢ounting records in a¢￿Idance with Section 130 of the Charhl08
Act. and
to prepare accounts which accThd with the ac£ounting record8 and comply
with the accounting requirements of the Charitie$ Act
have not been mot: or
2. to which, in my opinN￿. attention be drawn in order lo enable a proper
understanding of the accounts lo be read*d.
. Pl88S8 delete rhe in the brackels rfth&y do nol apply.
56gn•d:
O•ts:
03.•1
Narn•:
Relevant profvsslonal
qualifi¢ationl8} or body (if
any}-
irtA
Addre••:
ST
A￿3. SAJ
IER
March 2012

Section B
Dis¢losure
Only complete if the examinei needs to highli9ht material problems.
Glve here brlef dotall8 of
any items that the
axaminor wishes to
dlsclo80.
IER
March 2012