REGISTERED COMPANY NUMBER: 07416869 (England and Wales) REGISTERED CHARITY NUMBER: 1141511
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2021
for
Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Davis Grant Limited Chartered Certified Accountants Treviot House 186-192 High Road Ilford Essex IG1 1LR
Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Contents of the Financial Statements for the Year Ended 30 June 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 13 |
Dagenham and Redbridge FC Community Trust (Registered number: 07416869) (A Company Limited by Guarantee)
Report of the Trustees for the Year Ended 30 June 2021
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 30 June 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The charity's objects ("the objects") are for the benefit of the public generally and in particular the inhabitants of the London Borough of Barking and Dagenham and its surrounding areas:
To promote community participation in healthy recreation by providing facilities for the playing of association football, other sports and activities capable of improving health ("facilities" means land, buildings, equipment and organising sporting activities);
To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life;
To advance the education of children and young people through such means as the trustees think fit in accordance with the law of charity; and for the general purposes of such charitable bodies or for such other exclusively charitable purposes in each case as the trustees may from time to time decide.
Mission Statement:
"To use the power of sport and education to positively engage with, inspire and empower the young people of our diverse local community, to create opportunities to improve the quality of life for everyone." Vision:
To become one of the leading social and community outreach organisations in the local area, inspiring young people to achieve their potential and bring about positive life changing opportunities through the following four strands:
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Promoting Health and Wellbeing
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Raising Levels of Achievement
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Building Community Cohesion
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Supporting People with Specific Needs
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Dagenham and Redbridge FC Community Trust (Registered number: 07416869) (A Company Limited by Guarantee)
Report of the Trustees for the Year Ended 30 June 2021
OBJECTIVES AND ACTIVITIES
Significant activities
In spite of the many months of lockdown, false starts and restrictions created by the COVID pandemic, the Trust has been able to provide the following:
The provision of a variety of sporting activities via the organisation and delivery of holiday multi-sport schools for school aged children in various venues, working alongside the Metropolitan Police, Army London, Box Up Crime and other local organisations to provide not only physical activities, but also like skills including team work, communication, problem solving and others.
As part of the Easter activities the Trust provided free hot meals to local children in need as part of the Marcus Rashford initiative and partially funded by the Premier League Charitable Fund.
In spite of the many months of lockdown, false starts and restrictions created by the COVID pandemic, the Trust has been able to provide the following:
The provision of a variety of sporting activities via the organisation and delivery of holiday multi-sport schools for school aged children in various venues, working alongside the Metropolitan Police, Army London, Box Up Crime and other local organisations to provide not only physical activities, but also like skills including team work, communication, problem solving and others.
As part of the Easter activities the Trust provided free hot meals to local children in need as part of the Marcus Rashford initiative and partially funded by the Premier League Charitable Fund.
Provision of free recreational and sporting activities via projects such as the PL Kicks project, including the London Marathon Charitable Trust funded All Girls project in conjunction with London United. whereby football training has been provided for local young people free of charge several times a week.
Provision of both free and parent paid breakfast and after school clubs in local schools providing healthy activity in a multitude of sports, especially for young females.
The teaching of PE in local primary schools by Trust staff.
Provision of educational programmes such as Respect and Show Racism the Red Card delivered free of charge in local primary and secondary schools.
The Trust is continuing to develop a much closer relationship with local schools providing a wide variety of learning opportunities, both in the school and at the Club. These include tours of the stadium, matchday visits, competitions and visits to schools by members of the Club's playing staff.
The Trust is developing new links with local youth football teams and organisations through its matchday 'Guard of Honour' programme, where youngsters parade the pitch prior to kick off and form a 'Guard of Honour' as the players walk out of the tunnel.
The Trust plays a major role in the planning and operation of the Club's "Daggers Celebrate Diversity Day", which was held in February 2020 and is due to be repeated in January 2022
The Trust is a member of London United and through them has secured significant funding to operate a London Marathon Charitable Trust initiative for young girls, in association with the Premier League Charitable Fund.
The Trust is represented on the local International Day of Disabled People (IDDP) committee.
Volunteers
The Trust encourages volunteering opportunities and facilitates these opportunities on its PL Kicks programme and within its other activities eg Matchday ball boys and girls. Volunteers are involved with supporting coaching staff at the soccer schools.
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Dagenham and Redbridge FC Community Trust (Registered number: 07416869) (A Company Limited by Guarantee)
Report of the Trustees for the Year Ended 30 June 2021
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Over the past year the charity ran a number of activities involving the diverse members of the local community in physical and social activities.
It attracted funding from a number of sources including The National League Trust, The Football Association, The Premier League Charitable Fund, The London Marathon Charitable Trust, The Football Foundation and others.
Soccer and multisport activities were run during holiday periods attracting attendances from local youngsters who had the opportunity to improve their physical and mental skills.
In spite of COVID, many primary school children took part in projects throughout the year. Many other primary and secondary school students have been involved in Trust led activities from after school clubs, to careers' fairs, to GCSE PE projects.
The Trust worked closely with the local LBBD Council and the Metropolitan Police to deliver activities in areas of high need when possible.
The operation of the Trust was severely disrupted by COVID 19 in 2020. With the implementation of lockdown, the closure of schools, sports stadia, etc the Trust ceased all activities immediately in mid-March 2020 and all staff were furloughed. The situation did not change until mid-August when some restrictions were lifted. Under normal circumstances the Trust would have continued to operate multiple activities, earn income and receive further funding for another three and a half months up to the end of the financial year
FINANCIAL REVIEW
Reserves policy
It is the policy of the Dagenham and Redbridge Community Trust charity to seek ways to increase unrestricted funds to the level required to provide sufficient funds to cover the operating costs of the charity for a period of one year. The Trustees recognise that to achieve this level of reserves will take a period of time and therefore will set interim targets in respect of the level of reserves in order that the trust can continue to grow.
The trustees will monitor the level of reserves at each Trustees Meeting. The Trustees acknowledge that how the level of reserves changes during the year can be a good indicator of the underlying financial health of the charity and can be an indicator of potential problems. The level of reserves will be monitored throughout the year as part of the normal monitoring and budgetary reporting processes.
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.
Dagenham and Redbridge FC Community Trust is a company limited by guarantee governed by its Memorandum and Articles of Association. It is registered as a charity with the Charity Commission.
Organisational structure
The number of trustees shall be not less than three but (unless otherwise determined by ordinary resolution) shall not be subject to any maximum provided always that Dagenham and Redbridge Football Club (or any successor body) shall be entitled to nominate the number of people specified opposite its name to be trustees.
Induction and training of new trustees
The trustee responsible for compliance briefs new trustees on their legal obligations under charity and company law; the content of the Memorandum and Articles of Association; the decision-making processes; the business plan and recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
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Dagenham and Redbridge FC Community Trust (Registered number: 07416869) (A Company Limited by Guarantee)
Report of the Trustees for the Year Ended 30 June 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Wider network
The Dagenham and Redbridge FC Community Trust supports the community activities relating to Dagenham and Redbridge FC and the wider network of the National League Trust that operates at a national level on behalf of all clubs within the Vanarama National League.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07416869 (England and Wales)
Registered Charity number
1141511
Registered office
Victoria Road Ground Victoria Road Dagenham Essex RM10 7XL
Trustees
S R Thompson Director K M Dee Childrens Centre Manager Ms J Brown Retired
Independent Examiner
B G Chernoff FCA FCCA Davis Grant Limited Chartered Certified Accountants Treviot House 186-192 High Road Ilford Essex IG1 1LR
Approved by order of the board of trustees on 6 December 2021 and signed on its behalf by:
S R Thompson - Trustee
Page 4
Independent Examiner's Report to the Trustees of Dagenham and Redbridge FC Community Trust (Registered number: 07416869)
Independent examiner's report to the trustees of Dagenham and Redbridge FC Community Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
B G Chernoff FCA FCCA Davis Grant Limited Chartered Certified Accountants Treviot House 186-192 High Road Ilford Essex IG1 1LR
7 December 2021
Page 5
Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Statement of Financial Activities for the Year Ended 30 June 2021
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 22,439 44,601 EXPENDITURE ON Charitable activities General charitable 20,931 - PL Kicks - 46,224 National League Trust - - Building a Stronger Britain Together - - Total 20,931 46,224 NET INCOME/(EXPENDITURE) 1,508 (1,623) RECONCILIATION OF FUNDS Total funds brought forward 1,715 19,950 TOTAL FUNDS CARRIED FORWARD 3,223 18,327 |
2021 Total funds £ 67,040 20,931 46,224 - - 67,155 (115) 21,665 21,550 |
2020 Total funds £ 96,845 46,417 20,429 12,540 1,710 |
|---|---|---|
| 81,096 | ||
| 15,749 5,916 |
||
| 21,665 |
The notes form part of these financial statements
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Dagenham and Redbridge FC Community Trust (Registered number: 07416869) (A Company Limited by Guarantee)
Balance Sheet 30 June 2021
| Unrestricted Restricted funds funds Notes £ £ CURRENT ASSETS Cash at bank 5,443 18,327 CREDITORS Amounts falling due within one year 7 (2,220) - NET CURRENT ASSETS 3,223 18,327 TOTAL ASSETS LESS CURRENT LIABILITIES 3,223 18,327 NET ASSETS 3,223 18,327 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
2021 Total funds £ 23,770 (2,220) 21,550 21,550 21,550 3,223 18,327 21,550 |
2020 Total funds £ 24,273 (2,608) 21,665 21,665 21,665 1,715 19,950 21,665 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 6 December 2021 and were signed on its behalf by:
S R Thompson - Trustee
The notes form part of these financial statements
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Dagenham and Redbridge FC Community Trust
(A Company Limited by Guarantee)
Notes to the Financial Statements for the Year Ended 30 June 2021
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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
Computer equipment - Straight line over 4 years
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.
2. DONATIONS AND LEGACIES
The income from donations and legacies was £67,040 (2020: £96,845) of which £22,439 was unrestricted (2020: £47,342) and £44,601 was restricted (2020: £49,503). Included within restricted funds was funding from PL Kicks and the National League Trust which use football to help reach out to youngsters.
The charity also received unrestricted funds from the Barking and Dagenham Lottery.
continued...
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Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2021 nor for the year ended 30 June 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2021 nor for the year ended 30 June 2020.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
5.
| Administration Coaching No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 47,342 EXPENDITURE ON Charitable activities General charitable 46,417 PL Kicks - National League Trust - Building a Stronger Britain Together - Total 46,417 NET INCOME 925 RECONCILIATION OF FUNDS Total funds brought forward 788 TOTAL FUNDS CARRIED FORWARD 1,713 |
2021 2 7 9 Restricted funds £ 49,503 - 20,429 12,540 1,710 34,679 14,824 5,128 19,952 |
2020 2 6 8 Total funds £ 96,845 46,417 20,429 12,540 1,710 81,096 15,749 5,916 21,665 |
2020 2 6 8 Total funds £ 96,845 46,417 20,429 12,540 1,710 81,096 15,749 5,916 21,665 |
|---|---|---|---|
| 81,096 | |||
| 15,749 5,916 |
|||
| 21,665 |
continued...
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Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
6. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |
|---|---|
| Computer | |
| equipment | |
| £ | |
| COST | |
| At 1 July 2020 and 30 June 2021 | 1,799 |
| DEPRECIATION | |
| At 1 July 2020 and 30 June 2021 | 1,799 |
| NET BOOK VALUE | |
| At 30 June 2021 | - |
| At 30 June 2020 | - |
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
8.
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | - | 388 | |
| Accruals and deferred income | 2,220 | 2,220 | |
| 2,220 | 2,608 | ||
| MOVEMENT IN FUNDS | |||
| Net | |||
| movement | At | ||
| At 1/7/20 | in funds | 30/6/21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,715 | 1,508 | 3,223 |
| Restricted funds | |||
| PL Kicks | 13,740 | (4,123) | 9,617 |
| Sportivate Project | 285 | - | 285 |
| National League Trust | 1,140 | - | 1,140 |
| Building a Stronger Britain Together | 2,585 | - | 2,585 |
| Football Foundation | 2,200 | 2,500 | 4,700 |
| 19,950 | (1,623) | 18,327 | |
| TOTAL FUNDS | 21,665 | (115) | 21,550 |
continued...
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Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 22,439 | (20,931) | 1,508 |
| Restricted funds | |||
| PL Kicks | 42,101 | (46,224) | (4,123) |
| Football Foundation | 2,500 | - | 2,500 |
| 44,601 | (46,224) | (1,623) | |
| TOTAL FUNDS | 67,040 | (67,155) | (115) |
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/7/19 | in funds | 30/6/20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 788 | 927 | 1,715 |
| Restricted funds | |||
| PL Kicks | 2,090 | 11,650 | 13,740 |
| Sportivate Project | 285 | - | 285 |
| National League Trust | 10 | 1,130 | 1,140 |
| Building a Stronger Britain Together | 2,743 | (158) | 2,585 |
| Football Foundation | - | 2,200 | 2,200 |
| 5,128 | 14,822 | 19,950 | |
| TOTAL FUNDS | 5,916 | 15,749 | 21,665 |
continued...
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Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 47,342 | (46,415) | 927 |
| Restricted funds | |||
| PL Kicks | 32,001 | (20,351) | 11,650 |
| National League Trust | 13,750 | (12,620) | 1,130 |
| Building a Stronger Britain Together | 1,552 | (1,710) | (158) |
| Football Foundation | 2,200 | - | 2,200 |
| 49,503 | (34,681) | 14,822 | |
| TOTAL FUNDS | 96,845 | (81,096) | 15,749 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/7/19 | in funds | 30/6/21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 788 | 2,435 | 3,223 |
| Restricted funds | |||
| PL Kicks | 2,090 | 7,527 | 9,617 |
| Sportivate Project | 285 | - | 285 |
| National League Trust | 10 | 1,130 | 1,140 |
| Building a Stronger Britain Together | 2,743 | (158) | 2,585 |
| Football Foundation | - | 4,700 | 4,700 |
| 5,128 | 13,199 | 18,327 | |
| TOTAL FUNDS | 5,916 | 15,634 | 21,550 |
continued...
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Dagenham and Redbridge FC Community Trust (A Company Limited by Guarantee)
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 69,781 | (67,346) | 2,435 |
| Restricted funds | |||
| PL Kicks | 74,102 | (66,575) | 7,527 |
| National League Trust | 13,750 | (12,620) | 1,130 |
| Building a Stronger Britain Together | 1,552 | (1,710) | (158) |
| Football Foundation | 4,700 | - | 4,700 |
| 94,104 | (80,905) | 13,199 | |
| TOTAL FUNDS | 163,885 | (148,251) | 15,634 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2021.
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