R*stered (*•rfty No. Its9376 Barnet Community Pmie¢ts Rezlstered Ilo. 1139376 The tsll name of the thar6ty Is BarNèt GL¥mmu worklng narne of BCP. b￿rtt Is reffwred by Sts Both the re8￿tered & opEratE addTe55e5 of the tharity are now clo the Ralnbow Centye, Dollls Valley Drlve, BARNET. Herts. EN5 2UN. Bank£￿ and Examlnlng PLtountrrts BCP currently banks with TSB plc PO Box 3T3, LEEDS LS14 W Its annual accounts are Independently examlned by Newman Morrls. Wellliw House. 27>275 Stree¢ LONDON COLNEY, Herts. AL2 IHA. The followlng IndMdua15 have served as Trustees durlnB the perlod covered by thls ￿POrt. Michael Benalm thair Stephen Pegum Ken Morton Steve Bull Emfna Not Treasurer Secretary Gov•mlry Dotumenl The tharlty 1$ governed by Its cons￿1￿￿￿ as adopted on 25 Septemlw20llO. and as amended on 11 De￿mber 2010. as fvrther amended on 25 February 20 The main tharftable objects of B(P are . To promote any thar5table purpose for the benefrt of the communlty In the London Borough of Barnet as the Trustees see fl( In partloAlar but not excluslvely by the followlng mearfrs . a) To promote the effidency & effectlveness of tharities and the effective app11ratio￿ & USÈ of rÈstyJrtes by nonThe relief of unemplDym*ntforthe publlc benefiL" e)The advancement of educatton for the pubfic benettt, SndudFngtht p>ovèion of tralnin& infr)rmation & adv1￿ and pr4Mwting opportunltles for membws of the commun6ty to develop new 5ki115 & knowledge. fj To furtherfor the benellt of mernbers of the communlty without dlstlnctlon of s sexual orientstion, race or polutloal. rell8lous OT other opinlons by associating together members of the communlty. local èuthoriti2s. voluntary & other organi5ations in common effort to provide facilFtles In the lrrter￿ts of social welfare for recreatlon and other 1elsurtrtln￿ ocajpatlons wlth the objetbve of Improv1￿ the coffi￿￿.0￿S of life of cornrnunlty members. forlhe whlic Where In the vlews of the Tru5tee5 it ￿ expedlent In the Interests of thE charfty. the Truste￿ rnay support & encoura8e oversea5 partne￿[p pmJeets b*h¥ch are¥r9uth. and crwnrnunny-focused. In such countries of the world as tlw see fft. ProJ8rts. w¥kes aml achievernants duriry¥tho ￿ar. Introductlon The year ended 31" March 2024 has seen BCP Con￿nUe to concentrate on Its core pmvl4on of a frjodbank for the poorest resldents In our local area, a Lunch aub In the sdiool holldays prlmarfly for thlldren In recelpt of free school meals, mkxed martial arts trainln9 for both adults and young people, wlth new ventures of provldlng NFL flag football trainlng in lotal schools as well as a program of peer mentorlng support for some of tlie young people who attend our Lunch Club. Dollls VaH•y Ang•ls loothjg The weekly foodbank uxrtlnues to be used by an Inrnsed number of cllents- by the eftd of the year under review we were dlstrlbutingto over 60 local famll6es each week. Weekly deliveries {on Wednesd¥￿1 contjnued to tse supplied by the Felix Pro]ecL a London-based ft>Dd ￿dISt￿b￿lIon charity set UP In 2016 to tackle food PDverty. We receive two separate dellverles eadB we&k - a supply of amblert {l.e. non4hllled) ft)odstuffs and a newer supply of fmzen foods. whl¢*ll has required us to provide addltsonal freexer space to Stro￿ those supplle Addltlonal weekly donatl¢>ns were collected from the Bamet Food Hub. a Iccal initiatlve establlshed by Barnet Together, a collaboratlon between Indusfjon &)rn¢ Volurrteering B0rneL Growidwork London and the Young Barnet Foundation. Sadty we heard after the year-end thatthe Food Hub woujld be closin8 atthe end of September 2024. as Bamet fJ)uNKII tyuld nD longer afford to fuNI thls non- statutory servlce. A food hyglene inspection by BarnEt Cnuncll In February rnnllmned our fo4)d 4yglene rtlngas4 rates as 800d. C￿r dedlcated teom of fo¢yJb3nk ?￿lUnteerS was led by Sarah &*ll, PAwIth abue SUPPDrtea(h rw4eek Chrf5tine, Jeanette. Karen and Rosle. The Trustees are must grateful to the team fw thepr V41uable & dedlcated servi￿. Page 2 R•81St•r￿ Charfty I1￿76 Lunth Club tontlnuedto oyewate duriuthe sch1￿1 hofrflays Offer1￿ a cf uafts Co0￿ arthits. plus puzzle5 andgames followed bya tw1￿CoUrSe nLttrRknal meal C4Kpked fresh every day. At Easter thegthDol hollday ¢dn¢kled with the bank IK¥lldryYRekend. so there were only seven day5 available h) thEiwo weeks. butthe chlldren enjoyed makln8 Easter-therned hats tD tske home. The May half-term was also cut short bya bank ho15day. Durlngthe summer holfdays Lunth aub ran for thefull fow weeks and Included allthe usual actfvll wfth Iwoworkshopsi the tlr5ton the ba51c5 of mushroom 8rowkn& whlth 5awthe chlldren tske horne a stsrter kltof thelr own and the second on Ma￿n8￿&￿aUS shapes Outof balloon& Thwewerealsop rnoreSTEM Isden￿. TethnoloBy. Englneerln8& MathenRtlcs) actl￿deS mlKed In wlth the ¢nft activltles. The children wentto Guljfverfs Worfd durfn8thÈsecond week and WalloTh•￿a2* on the last day: the latter ts always enloyed alllwq4h thls y6vtheywere a Ba￿forcew1nd blowlngthe water up the beath whlth meantno paddlll￿ however muth was had bulldh sandc3511e5 whlth We￿ decoratrd wlth the l*$ whkh the dilldren ¥wd m•le. ortober halfvterm ran for thefull fourdays wlth a mlxof acuvltles ￿￿UdIng m4klng leat-sha￿d fa masks as a nod to autumn. Local school terms fintshed very late fn D￿rnber 2Q3. so thtre was ryily tlme a party wlth lots of party8arnes and a rneal before av15bw and one day after. In Febnmry 21T24 the half4em) hollday saw another fourdays of sporL crafts and other aLthftle& Stfftt of the children contlnued to vlsltwe are IJIOW (an aBroecolo8Fcal fann ba*d atThe Tolterklge Academy) each week Garllc and onlons were harveste4 wrne of whlch were used In rnakkngfood for our Lunch Clukk Strawberrfes were planted and haryested and lots of tomatoes and $pfy￿ch grown. Lunch aub and the TriLStees would Ilke tothank the Mayorf$ Kltchen SodaL Youn8 Bwnet Foundatlon and others who prvade theffnandal sUPPOrtwhlth en•bles Lunch aub to contlnue operjth Oambt Rall Paltors (OAP) As prevknTr 4nnu41 report% hwe noted. thk Is the onty 8CP projectthat Is notrun dlrertty from the Ralnbw• Centre. Instead tttakes place on parts of both theThamesllnk trL) Ilne Ibetween E15tree & Borehamwood and West Hampstead) the Great Northern {GN> Ilne Ibetween FIn$l￿ry Park and Stevena8el The BRPtearn Is Co￿rdInated by Phul Lew4 and theywork Invery ckH ctrvporatlon wlth both local sktJoTr staff5 and Brltlsh Transport Polkt (srp). The prlnclpal alm of BRP Is to act as a frfendly and listenlng wesents for people uslrfjthe rdl neivmr especfally at tlmes when those passeYp8eYs ml8htbefwlEN8¥ulneraFJleor be at rlsk way. Durln8 202>24. they carrfed out a totrl of36 patrd4 wlih an avry of 3 patrols pey mtsnth~usuaHy 2 patrols per month on the GN route aThl l F￿T month onthÈ TL rout& The Trustee5wE5h to Tecord thesr8rate￿ thanksfDrtheffnancdsw?PDrt wovlded to BHP by Gowoa Thamesllnk Rallway. WIth￿tY￿05e supp¢¥twe7Nould be unabk thls vlial sery1￿. We also w15h to acknrJ4Yledge the helptul yJpFort of the AstenstrfmTru* who cfrordfnate all pas schemo M 4 natlonal ba51s. Mlxed nmrtlal arts (MPaW Sewl Ibu5h Kabashl 55 a 5th Dan Jujltsv master yAho has tWJ8htMMAfora¥*r25pn ha$ reLeniJy been described as fastest-erowln8 Sport In thewixld cwren*-Itc4bmpTbts Iwjl Japanese & Bra211kn Jul5tsu. Sudo &wrestlln& The tra5nth8 dasse5 tte h throughout the year. especlauy wtth the thldren-Ibu$h ha5 some IOD ren&yo r￿W re8lstered wlth hls club. The chlldren's dasses a￿ free. whilst Ib￿Sh than8osfor hls èduk classes. Three 5es51on$ are run eoth week- on Monday5• Wednesdays & Frld RLYiSt•red (hatlty 1139376 Thlsls a new pro]ect fDr 8CP that began arnurqd ffv¥ 2023 with inltial funding from the NFL Foundatlon UL the ¢har5tsble amF of the NFLwithin the ljsingsptsrts ¢oathes from the S¢buth London Renegades (a cxub by ¢Jur Direciur Steve erfaVJ3 and an Independent coach called Denapoll Williams wttklytralnln¥se55ions were wn at a number of schools in the borough (see the full list of participatl sd￿01$ on page 5). This spurtwill feature in the Olymplcs In Los Angeles In 2028, and it ts hoped that at leastone pSayprfrom a lo¢al sthool YHIII be selected to partScfpate In those games. Peer Mentovlng As noted In the Introductory paragra￿. thls h another new venture that began durin8 the year, wlth Inltlal financial support being provlded by the Young Bawnet Foundatton, for whl¢h the Trustees are most grateful. (￿r peey mentorlng program Is de5tgned to leverage the wlsdom and eXperIen￿ of mature youns people to provlde 8uldanTr, enwuragemeb)t. prattical asslstsnce to younger peets. Peer mentors are tralned on Outcomes Star. a famlly of evldenc&based tools spedftcalty developed to measure and support chan8e. A numbw of the sports coaches from the South London Renegades were able to offer on￿tr￿one mentoring for some of the young people from Ouf Lunch Club whose needs had been Identlfled. We are already seeln8 posltlve outcomes for the young people takSng parL wlth better behaviour at school and at home. Good trustlng relationshlps have been formed and we expect thSs progre55 to contlnue Other regdaT Mr¥l¢ These include . a weeklytoddler group 4ttended by belween 12 & 14 chli dren and parents on Thur5dav mornlngs weekly onllne counsellln8 5esslons for a small numljer of people. Ralnljow Cantve boDkSYqs The lease with Barnet Councll for the Ralnbow Centre Is a¢lually held by the Ralnbgw Centre Users Group IRCUG), a cornpany Ilrnited by guarantee vAth very dose tles to 8CP. As thls company Incurs all of the costs of runnin8the Centre Isuth as utnttles. telephone. waste dlsposal etc), It also retains the income frorn any lettlngs. As noted In last yearfs reporL these bDoklng5 have falled to recover to their pr￿pandern4¢ levels- at present tly conslst maSnly of the MMA 5e555ons (see aljgwel and a Musllm prayer 8roup eath Frrday. although the Musllms found other prernllses to mowe to shothafter the year*nd. RCUG ha5 experlenced muth hlgher energy Costs this year and has Eleen supporkd by pryrnerts from BCP, a5 noted In Note 8 on page 11 of these accounts. rinanti#l m¥Sew In 202>24. BCP Incurred a deficit of £3.9K compared to a smaller defi(at of £IAK 2022-23. At tht balan￿ sheet d3te. the bank balance stood at £58.7K compared to £49.IK at the prev(ou5 year*nd date. Please wefer to thÈ attachèd detailed accounts for a full oveNiew of thÈftnancial results of the last two years. Golng¢onctm basls The Trustees are of the firm oplnlon that the tharfty has adequate resources to (Dntlm* In operndon forthe foreseeable fqrture and that is approprfatèto wepare the attached financlal st*ments on the golng (Dncern ba51 Page4 Registered Charity 140. 1139376 The Trustees wish to offerthelr heartfelt thanks toijhe folll generous support of BCP duiFng the peTriod (pf118DiS repDrt: ni5atiLgns fof thelr Go¥Fa Tham.eslink Rallway Dollls Valley Flexible Fund Young Barmt Foundation Mer￿r5, Qjrnpary NFL FoundatFon Flnthley Pro8resstvè >magogue Hendon Chrfslian Houslng AsSOCi4tlon The Mayor's Fund for London John Lyon's tharity Barnet Choral Society Addltiiinally. 8CP atknDwledges the following or8anlsatlons who elther supported BCP or who vffjrked In partneT5hip with BCP duringthe last year . We are GROW Fareshare London street Games SportEngland Trussell Tru$t Ascen$lon TNst British Trnnsport Poll The Fellx Prolect Ralnbow Centre Users Group (North London) London Youth South Londtm Renegades Oarul N¢xJr Islarnlc Centre Chrlstrnjs on Jesus BCP also wtshès to thank the fDltowlnB schoo15 in the Borough for p3rttcipatln8 Fn the NFL flag f*￿tball tfalnln8 programnie thatwas stsrted In th1$ financlal year: Totterldge Ademy DwFghtSchool East Bamet School thrht College FlThthley St Mary & StJDhn Saracens Hlgh Sthool St James Sthool Flnally. theTrustees would Ilke tothank all of the voluntteiswho w¢)rk Ilrelesstyon b2half of BCP and whost tlme Is of course 8iven freefy. Wlthout thelr hard work & dedlcation, many of thè acilvftles detslled above slmptywould not be able to take pla￿. Page 5 Regist¢r¢d £haThly Xo. 11393 Trustew Respon517x1ft1es In ￿1￿1￿>￿ to** f4rnr4ial Slat•ments TheTru5tees ale iesponstble foy pr2paiingthe Tyust￿. Annuol Repwtautyd ts Td Staternenb accordan￿ with appli e law arKfj u¥l￿tell applI￿ble to tharmes In England and Wales reqvirestheTNtstees to prepare Flnanelal Statements for each fi(￿nr￿al year whkh give a true view olthe state uf affalrs of the chartty and of the incornFnE TeyJuice5 and appllcation of ieswrres ofthe charltyfor Ihat perlr)d. In wepaTin£ these Financial Ststements. the Trnstees are required to: • Select suitablt accounting pollcles and then appfy them consistentty ObsèKvt the methods and prlncipks of the Chayities SORP • Makejudgements and estknates that are reastsnable and prudent State whether applicable ac¢ountin8 stsndards have beefi followed, s￿bleCt to aThy departures disclosed eKplalned the f5nancial statements and Prepaye the financlal slatements on the golng concern basss unless St is Inapproprlate to pwesume that the charltywNI contlnue In busine5S. The Trustees are respon51ble ft)r keepln8 accountlng records whTch dlsdose wlth reasonable accuracy the financlal positlon of the charity and enable them to ascertaln to ensure th•t the finandal statsments comply wfth the CharftSesAct 1993, the Charlty (Accounts and Reports) Regulation$ 2( and the provlsions of the CoTrstltutlon. They are also resgonsible for safegEtardin8 the assets of the charlty and her+ce for takin8 reasonable steps for the preventlon and dètectlon of fraud and other Irregtjlaritles. The Trustees are responsible for the malntenance and Inte8rlty of the Informatlon included on the chartys website. Appromd bythÈTrwttts on 19 Soptember %ll4•nd on th￿r behalf by: Page6 IricoMING RESOURQS 9S424 2.322 248 99J48 7.111 4636 Otherlnasme 1&2 JA205 £ 97.994 £ 0£ iiU99£ Dlrect labourc05ts Iin¢Wlniso¢tal secuTity Costs) Otherdlrerte¥pwMIItu Insuran￿ prernlums pald Rent 78224 27,273 78,224 65 32,476 IA 2J71 595 6,250 114.513 250 IIL747 2.766 106.148 Indlrert CharftubleExpathiwe Depredation offixed aMets 1.476 £ 111.747 £ I￿J55 NEf INCOMIN61 IOIIT601NG} RESOURCfSFOR THE YEAR 753 The Ststement of FI￿n¢la1 Aci1vi￿e$ Indudes all galns &10ssesfor the year. All In(xJmkng Resoww ftes¢)ur(es Expended derlvefr(wn continylngartl¥lliE5. The note50n pèqes 9 and 10 form partofthe Acroun Payp7 Bamet CommunltyProleLts Re8iStered ChaTity 1139376 Balance Sh￿t as at 31 March 2024 FIXED ASSErs Historic Cost Additions In year Les&" Accumulated Depreciation 17.330 17.330 (13.3861 {12W) 4A86 CURRENT AS5Efs Cash at bank (current account) Debtors & accrned revenue Prepayments (re Insuran￿ premiums) 58,721 49,081 226 595 49.902 58,721 LESS: CURRENT UABIUTIES- Amounts fr4111ng due within one year Deferred Income (3.581) (25.239) (3.344} I￿,343> (28W) (1&687) NET CURRENT ASSErs 33,215 TOTAL NE[ ASSErs £ 33045 £ 37,701 FUNDS Balance as at 1st April 2023 Net Incomln8 Resources for the year ended 31 Marth 2024 142.705) (39A49) 9.897 13,256) Balance as at 31" March 2024 {31￿) (41705) Balance as at 1st April 2023 Net Outgoing Resources for the year ended 31" March 2024 78515 (13.7531 L891 Balance as at 31° March 2024 TOTAL FUNDS CARRIED FORWARD £ 33A £ 37. The notes on pages 9 and 10 form part of the A£(ouii Apwoved by the Trustees on 19 September 2024 and s*ned on th* behalf ￿ . Chalr Treasurer Page 8 Thè prindpal AcCounlln8Polldesa￿￿Mh￿ Ite8MY: ¥alu< unlessother¥Alse SI*￿￿ inthe rtknrtnotestothe5eaccovnt& Theatt(xmts ha¥el￿n prepbred lnaccorda￿e*iIh Ihe FI￿￿￿0[ Rewrtlw5taMJard ￿p￿"rAble1ftth0llKaMd Republcof llelab￿ ¢FR5102)and￿the FlnarKlal ReportthgStBrKts Il¢ablEtothe klknken1115e& RegimelFIL5 1051andwiQhthe(h•ili¢sAct201L Tl*s¢¥e included IntheStèteThYrtof FlrtandalAtll¥Alèsl5oFA)T*h￿thecha￿ybec0n￿eni1i[¢￿totheresDurce41tls Ilketyihan N)tth*theTMs￿esl￿II rerehpthe ￿sour￿lftd the monèlarywalue can be MeaSur￿T￿1th sufficiernt reKablllty. ThepreAous pollcyTBfdStO fEwBNlse Gfants Rece*￿In thestaten￿0fFknaF￿[al ActI¥l￿eSas&whenthe$ew•e recel¥ed. AthanBe was mbde SntheKo)untsfor2W>￿tO ret¢wlsethlstsKomea5 htre1*5tDthe ￿rfo&s￿wh1(h these8rantlundsa￿ made. All Intomeln 202>24that relate5tothefoy￿Tr&I￿a￿cIaI yeèi Is nowshown in the Balance ShÈètasf)eferred Income tseealsoN¢rte6k DonJllrJns Recel¥eAJ and Otherlncorn2arerwN15ed In fvllnlheSlJ*rrtntofFln3ncSalAcli¥llle5 whentheyarerncei¥ed. There has been nooff*ttln8of ossetsandlTablllile& norlncomeandexwdltur& Uamltles are reco8nlsed wherelt Is Th￿re liketythan notthere Isa le￿10￿ constrtthobllptlon cornrnbtllngthecharttytopayout resournand th*amount of theobllptlon be measuredwlth rea50nablecerralnty. TheTnJstees have assessedwhetherthe useof thegolnB¢on¢ern bads15approtthteand havetonsldered W￿s}ble oTcondlttonsth*m Castdoubt oTrtheabllKyof thechayltytocontlnue bs a8otn8ioncem. ThETrustees ha¥ea5se5￿d thèch3rtiVsfore(ast and proJectIonsar￿ ha¥e mththl$8ssessmentfora perf(rtl of &tlesst onwyearfromihe date of approylngthese flmnclal siatements. TtheYnJstees hm cW1￿1edth￿ttte chthty hassufflclent res￿￿S1ocollt1￿Ue operntlonal emlstence fortheforefjeeyblefuture a1￿ConseQu1ntsY h15?pprWatrto cortllnueto •doptthe goln8(oTKern ba515 In prepaYln8itsflnancla15ktements. 2. Oih•r Incokme Other I￿orne lsanaly5ed asf4>llows: RelmbursemErt bywe 0￿GROW01¢￿$tsoI ￿rydW￿nfrOffi[U￿thud J. Si•ff &1￿￿, Remun•rni NO•rylo￿rQ￿lved employee berth lexlud1ngernknr￿th uistslfortr* Yeprnperfpd ofrnorethan £fAJJKXI12022.2a: Nlll NOne0ftheTr￿te￿$l4￿e bew ppld or rffeJ¥edanyother lJ*fftsfrom a ernpbymentwlth thecharfEyora related entlty. L6 Pamet Rall Pas Prlntkn& po&l•Ue. 51aiknery&lelet4 Tttlnlngcosts offi￿•pe￿￿$Ibl¢l IT¢￿1 Trnvelcosts PubllCatlon5&￿rnals Mernbershlp5 bank All otlwco#sliotsll 272 31112 370 242 4.4151 TOTPX Z9A•q ￿173 DepretbtlL#) IsyrtyAJedonaslraW41ne baslson the M#tyl¢pwrhase p￿￿Ofthe(lwWSrWIAS*1&k*￿fftthel￿DJIlNerth￿f estlmateil ysetul e[0￿ClI￿￿O5folFOW5. IT EffjJlwRrt.2yea **Barnet Community Projects Registered Charity No. 1139376 Notes to the Accounts for the year ended 31[st ] March 2024** ## **6. Deferred Income** As described in Note 1 above, a change in accounting policy was made in 2015-16 to reflect the different funding periods for BCP's Grants Received. The amount shown in the Balance Sheet as Deferred Income resembles the amount of grants actually received in 2023-24 that relate instead to 2024-25.This Deferred Income will form part of BCP's Restricted Funds in the following financial year. ## **7. Reserves Policy** The previous intention of the Trustees was to hold in Reserves an amount equivalent to approximately six months' worth of expenditures. Following a re-assessment of this policy, the Trustees have now given regard to the possible longer-term liabilities of BCP, especially in the unlikely event of a cessation of the charity's operations. In that regard, the only longer-term liability of BCP would be paying the salaries of the two paid staff members during their contractual notice periods. It is estimated that this cost would not exceed £15,000 and the Trustees are confident that BCP has sufficient free reserves in hand at the balance sheet date to cover this cost. Additionally, the Trustees are equally confident that if the accounting policies now adopted regarding Grants Received had been in place since the charity's inception, then the deficit currently showing in the Balance Sheet on Unrestricted Funds would not in fact exist. ## **8. Related Party Transactions** During the year, the following notional payments were made to the Rainbow Centre Users Group towards the costs of operating their premises : |ses :||| |---|---|---| ||**2023-24**|**2022-23**| |Rainbow Centre Users Group|£6,250|£7,200| Page 10 llthpendent Examinerfs ReporttothÈ Trustees of I repiwttothe Trustees on my ￿3M￿n3thn ofthe ￿£0￿￿of Bamet Conmnunity EWfitrthe which are setouion page5 7 to IfL Asthe chorityTn￿t￿0f the TrusL you are resp(￿sIble forthe preparation of the accounts in accordan￿ wlth the requlrements ofthe a￿ritIeS Art 2￿1 fthe Arf). The Charity Trustees con5iderthat an audlt is not required for thls year under knion 14412) of the Charlties Art 2011 {'*he AcV'} and that an independent examinatlonls needed. I report In Tespert of myexamlnatlon of the Trustee5' accounts orrled out under sectlon 145 of the 2011 Act and In ￿rryin80ut my examlnation I havefollowed all the applkable Directlons glven by the Charity Commlsslon under SÈttion 14515){b) of the 2011 ACL I have completed my examinatlon. I confirm that no materfal matters have come to my attentlon In connection wlth the examlnation 8lvlng me cause to believe that In any material re5pert: accountln8 records were not kept In re5pert of the Charlty as requlred by stttion 130 of the P£¢ Of 12) the accounts do Th)t accord wlth those records; or (3) the accounts do not complywlth the appllcable requlrements conterning the form and content of accounts set out In the Charlties IAccounts and Reports) Re8ulatlons 2008 other than any requlrement thatthe accounts ￿ve a'true and falr vlew. which ts not a matter considered as part of aTr Independent pJamlnatk)n. I have no COn￿m5 and have come across no other matters In conneLllon with the examlnatlon to whlch attention should be drawn in this report In order to enable a proper undetstanding of the accounts to be reached. Name . Ri f•&Z f4LD (Ifu S. nature: Relevant Tofessional Ualif￿tIOn or bo Address: Newman Morris Chartered Accountants Wellin8ton House 273-275 High Stfftt LONDON COLNEY Herts. A12 IHA Pa8e 11