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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 07453984 (England and Wales) REGISTERED CHARITY NUMBER: 1140398

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

B@TITUDE LIMITED

Ellis Atkins Chartered Accountants The Atrium Business Centre Curtis Road Dorking Surrey RH4 1XA

B@TITUDE LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 15
Detailed Statement of Financial Activities 16 to 17

B@TITUDE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

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 March 2023. 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 Objects of the charity are:

1 The prevention or relief of poverty by providing grants, items, services and opportunities to individuals in need, and/or charities or other organisations working to prevent or relieve poverty.

2 To develop the capacity and skills of the members of socially and economically disadvantaged communities in such a way that they are better able to identify and help meet their needs and participate more fully in society.

3 The relief of financial hardship among people by providing such persons with goods and services which they could not otherwise afford through lack of means.

Public benefit

The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives for the future.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The focus of the charity is the shop in the local area of North Leatherhead, selling affordable good quality second hand baby and children's clothes, toys, books, and equipment.

The charity's main aim is to be present and visible in the community, bringing people together in a safe environment, developing relationships while listening to people's needs and providing practical help where possible.

B@titude looks to encourage creative and diverse solutions, while actively supporting people's dreams and helping these come to fruition.

Main Achievements

B@titude has eased back into a regular rhythm post pandemic and is starting to run more events, courses, and activities. The Hive is now well established in its new home and runs various creative workshops. Items made within The Hive are sold in the LCH Café and local fairs. The Hive is a safe place for the local community to meet, giving a dedicated space for people to learn or develop existing skills and has proved to be enormously helpful and therapeutic for many.

Activities:

Page 1

B@TITUDE LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023

ACHIEVEMENT AND PERFORMANCE

Funding

The charity received a total of £19,378 in grants during the financial year 2022/23.

For Counselling, the charity received £5,000 from Wates Family Enterprise Trust and £5,000 from American Women of Surrey. For The Hive, the charity received £3,378 from Thomas Flack Trust Fund.

For the Cost of Living Crisis/Dreaming Fund, we received £6,000 from the Community Foundation for Surrey (East Court Fund).

Future plans

The charity looks to expand on the counselling services being provided.

The charity will look to run workshops to actively support people's dreams and respond individually where possible; while actively looking at ways to both support existing projects and develop opportunities for people in the local community to get involved with and gain confidence and skills.

The charity will be looking to increase its volunteer base and employ more staff members to help run the shop and to increase the time in which the shop will be open.

The charity remains dedicated to its continued work with its existing partners, other organisations, and business to further enhance their positive impact on the community and the greater area of Surrey. The charity seeks new partners to help drive its vision forward and continues to explore additional ways in which it can help the community.

FINANCIAL REVIEW

Results for the year and Reserves policy

The charity made a deficit for the year of £7,564 (2022:surplus of £13,239).

The trustees have reviewed the reserves policy and have agreed to maintain sufficient reserves to cover at least six months of operational costs.

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.

Recruitment and appointment of new trustees

The existing trustees invite new trustees to join the board. The trustees will evaluate the potential new trustees knowledge, experience and skills to ensure that these are complimentary to the other board members. The trustees will regularly review the qualities that the existing trustees bring to the Board along with any training needs that maybe required.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07453984 (England and Wales)

Registered Charity number

1140398

Registered office

205 Kingston Road Leatherhead Surrey KT22 7PB

Page 2

BOTITUDE I.IMI'fED Rf.PORT OF THF. TRUSTF,r.s [*OR TFIE YLI IkR ENDEID 31 LIIAIiCII 2023 Trustees Mi3 N M Dciickcr MIB MA Tnidove Rev C L K Oliveira {rcsigned 2614120221 Mr N Ebei's (iippointed 2&1412022) Mrs S H￿il (appointed 261412022) MrJ Herring (appointed 2611012022) liidependent Ei xaminer Philii) ti}ngs￿ff FCA Ellis Atkins CI￿ltered Accounlanls Tlie Alriuin B[￿LneSS Ccnlrc Curtis Road DoA(illg Siii'jry RF14 IXA Approved by ordei. of tlie board of trustees on... ....,.. and signed on lis behalf by.. Mrs M A TNelove- Trusoe Page 3

DEFE￿7)E￿T EXAMifiER'S REPORT TO TIIE TRLSTEES OF 4TrtLDE LIMITED Independent txmlnerfs report to the trwst¢es of R(ititudt L&mited ('the Company.) I rwrt l() the ¢harity tsNste¢s on my ¢xaminaLion of the aCc￿nts of Cofftwly f￿ the year o)ded 31 Ma￿h 2023. Responslbiltlies bAs15 of report As Ihe charity's trusice5 uf the CoTnpany land also irs di[￿￿￿5 for the purw ol company lawl y￿￿ are restM)nsible for the preparaiion ofthe acr(WT5ts in all￿d￿ttee with the reqUire￿￿ts of ComwLie5 Act 2(K)61'th¢ 21M)6 Art'l. Having satisfied mys¢lf that the xcounts of the Compwy are n(% b¢ audiwl ur¥ler Part 16 of the 2[￿ Ad and are ¢ligible for Inde￿ndent examiniitsiNL I wort in r¢sta of my examinauon ofyaur charity'5 xcounLs &$ carried vut under Secuon 145 of the Chariiies Act 2011 I'¢he 2011 Act'l. ln carying oui my cxaminaiion I have followed the Diredi0t￿ 8Lvert by the cth￿1￿ Comtnission und¢r Section 14515) Ibl of the Y)] l Aci. lodependeDI ex8mlner's stteMe￿t I hJi'L Lomple1i￿ my cxaminaiion. I confirm lh no m￿le[S have come io my 8tten[i￿ in a)nn￿lIOn with the ¢xaminatiun ￿vin8 m¥ LdUS¥' 10 b¢iieve.' acLoun(in¥ reLx)nJs We￿ n(% kepi in ofthe Compny requirryl by Sedi(XL 386 of the 21M)6 Acl or Ihl Lvunts do not accord with those r￿0[&￿.. or the &Louns do n(x comply with Ihe xcounun8 rcquiremert5 of the 2￿6 Act other than any requiremen( that Ihe ￿0Vn[S give a true and fair view which is not a mtrrc(NL%i&mJ &4 pan ufan in(kpenikni ¢xaminaLiOD: or lh¢ a¢¢ounLS hay¢ Th(M been prLTared in &curdan¢e with the mdlN)ds' and prin¢iple% of the S¢atemen¢ of RLYommend PrdLIiLL for JLU)unting ryning by ¢hariii¢s lapplithle 10 ehariiies preparing thekr xcounts in xcordance with the Finaniial R¢wrLin8 S￿ndard appliLable In the UK and Republic of Ir¢ldnd IFRS 102}1. I have LX)nccrns #nd kn¥¢ Lum¥ no 0￿r m￿terS in connecuon wilh ihe examination lo which &tention should be drnwn in this TLwTrn in ord¥r tsi Lnablc a pr()w undLts¢andin8 Of￿ accounts io be r¢aLhLYJ. Philip Long&thtTFCA F.Ilis A￿1n$ ("ha￿'r￿ ALLoununts ThL Atrium Businth5 C'entre C'urtj5 Road Diwking SurrLy RH4 IXA loA3 Pag¢ 4

B@TITUDE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
64,961
Other trading activities
3
32,981
Total
97,942
EXPENDITURE ON
Charitable activities
Community Support
96,267
NET INCOME/(EXPENDITURE)
1,675
RECONCILIATION OF FUNDS
Total funds brought forward
52,629
TOTAL FUNDS CARRIED FORWARD
54,304		 Restricted
funds
£
15,122
-
15,122
24,361
(9,239)
20,605
11,366		 31/3/23
31/3/22
Total
Total
funds
funds
£
£
80,083
82,420
32,981
22,460
113,064
104,880
120,628
91,641
(7,564)
13,239
73,234
59,995
65,670
73,234		 31/3/23
31/3/22
Total
Total
funds
funds
£
£
80,083
82,420
32,981
22,460
113,064
104,880
120,628
91,641
(7,564)
13,239
73,234
59,995
65,670
73,234
104,880
91,641
13,239
59,995
73,234

The notes form part of these financial statements

Page 5

B@TITUDE LIMITED

BALANCE SHEET 31 MARCH 2023

31/3/23 31/3/22
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 8 653 3,863 4,516 4,673
CURRENT ASSETS
Debtors 9 2,397 - 2,397 2,100
Cash at bank 53,094 7,503 60,597 68,747
55,491 7,503 62,994 70,847
CREDITORS
Amounts falling due within one year 10 (1,840) - (1,840) (2,286)
NET CURRENT ASSETS 53,651 7,503 61,154 68,561
TOTAL ASSETS LESS CURRENT LIABILITIES 54,304 11,366 65,670 73,234
NET ASSETS 54,304 11,366 65,670 73,234
FUNDS 11
Unrestricted funds 54,304 52,629
Restricted funds 11,366 20,605
TOTAL FUNDS 65,670 73,234

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 6

BOTITUDEI LIMITED 11A1.ANCE SHEC£T- ¢ontinued 31 IIIARCH 2023 'rhese fjnancial slateinciits havc iKcn pi'epared in a¢coi'dan¢e willi the i)rovisions applscablc to eliai'ilable collipa￿¢S siibjeei 10 Ihe small coinpanies regime. The financial s¢a¢rt)ents wert zppioved by tlie Boaid of Truslees and authorised for iSSiLe oil signed on its btljalf by..

lid wei'e

Mis M A TILielove- T￿sle£ Tile iiotes fomipait of th￿ fknancial statcments Page 7

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

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 - 33% on cost 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.

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.

Government grants

Grants are recognised when the entitlement to the grant is confirmed. Revenue based grants are recognised in the period in which the related costs are incurred.

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...

Page 8

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

2. DONATIONS AND LEGACIES

3.

DONATIONS AND LEGACIES
31/3/23 31/3/22
£ £
Donations - Individuals 21,087 20,475
Donations - Companies & Charities 48,306 41,651
Gift aid 4,815 4,034
Local Government and Council grants - 9,313
Job Retention Scheme grants received - 1,847
Project income 5,336 2,750
Other income 539 2,350
80,083 82,420
OTHER TRADING ACTIVITIES
31/3/23 31/3/22
£ £
Shop income 26,442 21,737
The Hive sales 6,539 723
32,981 22,460

4.

NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31/3/23 31/3/22
£ £
Depreciation - owned assets 3,322 2,819
Independent Examiner's fee 700 660
Independent Examiner's fee - other services 1,060 390

Ellis Atkins waived 33% of their fees relating to the preparation of the annual accounts and their Independent Examination.

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

continued...

Page 9

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

6. STAFF COSTS

STAFF COSTS
31/3/23 31/3/22
£ £
Wages and salaries 60,248 54,870
Other pension costs 604 453
60,852 55,323
The average monthly number of employees during the year was as follows:
31/3/23 31/3/22
No. of employees 5 5

No. of employees

The trustees consider that the aggregate employment benefits of the key management personnel to be £43,574 (2022: £39,657)

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
60,314
Other trading activities
22,460
Total
82,774
EXPENDITURE ON
Charitable activities
Community Support
81,477
NET INCOME
1,297
RECONCILIATION OF FUNDS
Total funds brought forward
51,332
TOTAL FUNDS CARRIED FORWARD
52,629		 Restricted
funds
£
22,106
-
22,106
10,164
11,942
8,663
20,605		 Total
funds
£
82,420
22,460
104,880
91,641
13,239
59,995
73,234

continued...

Page 10

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

8. TANGIBLE FIXED ASSETS

8. TANGIBLE FIXED ASSETS
Fixtures
and
Cabin fittings Equipment Totals
£ £ £ £
COST
At 1 April 2022 6,995 2,905 13,249 23,149
Additions - 715 2,450 3,165
At 31 March 2023 6,995 3,620 15,699 26,314
DEPRECIATION
At 1 April 2022 6,995 1,983 9,498 18,476
Charge for year - 983 2,339 3,322
At 31 March 2023 6,995 2,966 11,837 21,798
NET BOOK VALUE
At 31 March 2023 - 654 3,862 4,516
At 31 March 2022 - 922 3,751 4,673
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£ £
Other debtors 980 929
Prepayments 1,417 1,171
2,397 2,100
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£ £
Accruals and deferred income 1,840 2,286

continued...

Page 11

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

11. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Designated Fund
Restricted funds
Counselling
The Hive
Other Restricted Funds
Summer Outings
Kings & Queens
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated Fund
Restricted funds
Counselling
The Hive
Other Restricted Funds
Summer Outings
Kings & Queens
TOTAL FUNDS		 At 1.4.22
£
48,480
4,149
52,629
4,298
10,294
-
2,800
3,213
20,605
73,234
Incoming
resources
£
92,942
5,000
97,942
5,200
3,378
6,000
-
544
15,122
113,064		 Net
movement
At
in funds
31.3.23
£
£
(1,369)
47,111
3,044
7,193
1,675
54,304
(1,788)
2,510
(6,431)
3,863
4,993
4,993
(2,800)
-
(3,213)
-
(9,239)
11,366
(7,564)
65,670
Resources
Movement
expended
in funds
£
£
(94,311)
(1,369)
(1,956)
3,044
(96,267)
1,675
(6,988)
(1,788)
(9,809)
(6,431)
(1,007)
4,993
(2,800)
(2,800)
(3,757)
(3,213)
(24,361)
(9,239)
(120,628)
(7,564)

continued...

Page 12

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Designated Fund
Restricted funds
Counselling
The Hive
Summer Outings
Kings & Queens
TOTAL FUNDS
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated Fund
Restricted funds
Counselling
The Hive
Summer Outings
Kings & Queens
TOTAL FUNDS		 At 1.4.21
£
49,933
1,399
51,332
8,663
-
-
-
8,663
59,995
Incoming
resources
£
80,024
2,750
82,774
460
15,246
2,800
3,600
22,106
104,880		 Net
movement
At
in funds
31.3.22
£
£
(1,453)
48,480
2,750
4,149
1,297
52,629
(4,365)
4,298
10,294
10,294
2,800
2,800
3,213
3,213
11,942
20,605
13,239
73,234
Resources
Movement
expended
in funds
£
£
(81,477)
(1,453)
-
2,750
(81,477)
1,297
(4,825)
(4,365)
(4,952)
10,294
-
2,800
(387)
3,213
(10,164)
11,942
(91,641)
13,239

continued...

Page 13

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.21 in funds 31.3.23
£ £ £
Unrestricted funds
General fund 49,933 (2,822) 47,111
Designated Fund 1,399 5,794 7,193
51,332 2,972 54,304
Restricted funds
Counselling 8,663 (6,153) 2,510
The Hive - 3,863 3,863
Other Restricted Funds - 4,993 4,993
8,663 2,703 11,366
TOTAL FUNDS 59,995 5,675 65,670

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated Fund
Restricted funds
Counselling
The Hive
Other Restricted Funds
Summer Outings
Kings & Queens
TOTAL FUNDS		 Incoming
resources
£
172,966
7,750
180,716
5,660
18,624
6,000
2,800
4,144
37,228
217,944		 Resources
Movement
expended
in funds
£
£
(175,788)
(2,822)
(1,956)
5,794
(177,744)
2,972
(11,813)
(6,153)
(14,761)
3,863
(1,007)
4,993
(2,800)
-
(4,144)
-
(34,525)
2,703
(212,269)
5,675		 Resources
Movement
expended
in funds
£
£
(175,788)
(2,822)
(1,956)
5,794
(177,744)
2,972
(11,813)
(6,153)
(14,761)
3,863
(1,007)
4,993
(2,800)
-
(4,144)
-
(34,525)
2,703
(212,269)
5,675
2,972
(6,153)
3,863
4,993
-
-
2,703
5,675

continued...

Page 14

B@TITUDE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

Page 15

B@TITUDE LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

31/3/23 31/3/22
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations - Individuals 21,087 - 21,087 20,475
Donations - Companies & Charities 33,184 15,122 48,306 41,651
Gift aid 4,815 - 4,815 4,034
Local Government and Council grants - - - 9,313
Job Retention Scheme grants received - - - 1,847
Project income 5,336 - 5,336 2,750
Other income 539 - 539 2,350
64,961 15,122 80,083 82,420
Other trading activities
Shop income 26,442 - 26,442 21,737
The Hive sales 6,539 - 6,539 723
32,981 - 32,981 22,460
Total incoming resources 97,942 15,122 113,064 104,880
EXPENDITURE
Charitable activities
Wages 60,248 - 60,248 54,870
Pensions 604 - 604 453
Light and heat 1,356 - 1,356 978
Project costs 5,528 14,889 20,417 7,715
Community support 1,733 - 1,733 2,356
Rent & rates 16,587 7,650 24,237 14,607
Other staff costs 120 - 120 271
Shop sundry costs 1,831 - 1,831 818
Volunteer & trustee costs 565 - 565 111
Event costs - - - 1,591
Marketing 183 - 183 -
Depreciation - Fixtures & fittings 1,500 1,822 3,322 968
Depreciation - Equipment - - - 1,851
90,255 24,361 114,616 86,589
Support costs
Management
Insurance 759 - 759 696
Carried forward 759 - 759 696

This page does not form part of the statutory financial statements

Page 16

B@TITUDE LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

31/3/23 31/3/22
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Management
Brought forward 759 - 759 696
Telephone 543 - 543 481
Fire & safety 262 - 262 91
Other overheads 1,178 - 1,178 1,591
Legal & professional fees - - - 13
Independent Examiner's and accountancy fees 2,570 - 2,570 1,520
5,312 - 5,312 4,392
Governance costs
Independent Examiner's fees 700 - 700 660
Total resources expended 96,267 24,361 120,628 91,641
Net income 1,675 (9,239) (7,564) 13,239

This page does not form part of the statutory financial statements

Page 17