2023-03-31-accounts - Wales Federation Of Young Farmers Clubs

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Contents ofthe Financial State	ants
for the Year Ended 31stMarch	2023

		Page
Report ofthe Trustees	1	to	10
Report ofthe Independent Auditors	11	to	14
Statement ofFinancial Activities	15	to	16
Balance Sheet	17	to	18
Notes tothe Financial Statements	19	to	41
Detailed Statement of Financial Activities	42	to	44

						31.3.23	31.3.22
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	E	E	E	f
INCOME AND	ENDOWMENTS	FROM
Donations and	legacies		2	97,998	260,033	35&,031	279,&03
Charitable activitIes
General Events				7,357		7,357	162
International				72,695		72,695	5,370
Sports Day				30		30
Rural affairs				10,280		10'280	500
Young Peoples	Village			126,796		126,796
Royal Welsh Show				1,951		1,951	50
Winter Fair				270		270	75
Public speaking				110		110	110
Entertainment	Feast			1,099		1,099
Eisteddfod				6,271		6,271	8,230
Lamb Marketing				5,801		5,801	7,796
Other trading	activities			35,142		35,142	10,310
Investment Income				1,795		1,795	42
Total				367,595	260,033	627,628	312,448
EXPENDITURE	ON
Raising funds			5	29,422	13,213	42,635	13,006
Charitable activities
General Events				75,&62	173,541	249,403	125,739
AGM				767	1,880	2,647
International				89,758	5,107	94,865	6,641
Youth Forum				2,196	2,928	5,124	2,063
Sports Day				2,662	3,014	5,676	1,472
Rural affairs				24,905	23,644	4&p549	9,279
Training				437	289	726	110
Marketing				8,432	23,108	31,540	41,332
Young Peoples	Village			256,624	1,369	257,993	8,683
Royal Welsh Show				17,837	19,543	37,380	2,636
Spring Festival				857	1,424	2,281	15
Winter Fair				3,793	5,922	9,715	12,558
Public speaking				2,450	3,501	5,951	9,762
Field Day				4,755	8,015	12,770	2132
Entertainment	Feast			8,070	3,465	11,535	293

	fo	rthe Year En	ded 31stMarch	2023
					31.3.23	31.3.22
			Unrestricted	Restrlrted	Total	Total
			funds	funds	funds	funds
		Notes	f	f	6	f
Eisteddfod			13,858	9,817	23,675	18,243
Lamb Marketing			1,650		1,650	4,001
Welsh Promotion						1117
Total			544,335	299,780	844,115	259,082
NET INCOME/(EXPENDITURE)			(176740)	(39~747)	(216487)	53~366
RECONCILIATION	OF FUNDS
Total funds brought forward			441,011	294,179	735,190	681,824
TOTAL FUNDS CARRIED FORWARD			264,271	254,432	518,703	735,190

				31.3.23	31.3.22
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	6	E	6	6
FIXEDASSETS
Tangible assets	14	15,377	78,069	93,446	95,275
CURRENTASSETS
Stocks Debtors Cash at bank	15 16	2,464 41,398 229,674	189,860	2,464 41,398 419,534	2,464 33,433 662,477
		273,536	189,860	463,396	698,374
CREDITORS
Amounts falling due within one year	17	(24,639)	(13,500)	(38,139)	(58,459)
NETCURRENTASSETS		248,897	176,360	425,257	639,915
TOTAL ASSETSLESSCURRENT LIABILITIES		264,274	254,429	518,703	735,190
NET ASSETS		264,274	254,429	518,703	735,190
FUNDS	18
Unrestricted funds Restricted funds				264,274 254,429	441,011 294,179
TOTALFUNDS				518,703	735,190

			Unrestricted	Restdcted
			funds	funds	31.3.23	31.3.22
			6	6	6	f
Donations			8,963		8,963	2,704
Grants
Welsh Government-	Welsh Language	Grant		132,259	132,259	124,719
Wales Cultural Recovery Fund National Voluntary Youth Organisations				33,774	33,774	87,633 30,000
Lottery Community	Fund					13,146
NFU Charitable Trust Covid lob Retention Scheme Summer of Fun			11,000	94,000	11,000 94,000	7,000 2,951
Levies Direct Affgiation 54C Income			59,439 13,596 5,000		59,439 13,596 5,000	9,220 1,580 850
			97,998	260,033	358,031	279,803
OTHER TRADING ACflVITIES
					31.3.23	31.3.22
					6	6
Merchandise					584	310
Sponsorships					32,850	10,000
Meeting room					1,708
					35,142	10,310

INVESTMENT INCOME
	31.3.23	31.3.22
	E	f
Deposit account interest	1,795	42
RAISING FUNDS
	31.3.23	31.3.22
	6	f
Staffcosts	7,463	5,773
Purchases stock and merchandise	2,257	1,635
Bad Debt	21,804
Support Costs (note 8)	11,111	5,598
	42,635	13,006

CHARITABLE AC	TIVITIES COSTS
		Direct	Support
		Costs (see	costs (see
		note 7) f	note 8) f	Totals E
General Events		195,425	53,978	249,403
AGM		1,059	1,588	2,647
International		90,103	4,762	94,865
Youth Forum		1,947	3I177	5,124
Sports Day		2,499	3,177	5,676
Rura I affairs		29,495	19,054	48,549
Training		726		726
Marketing		14,073	17,467	31,540
Young Peoples Village		256,404	Sp589	257,993
Royal Welsh Show		21,502	15,878	37,380
Spring Festival		692	1,589	2,281
Winter Fair		4,952	4,763	9,715
Public speaking		2,774	3177	5,951
Field Day		6,419	6,351	12,770
Entertainment	Feast	8,358	3,177	11,535
Eisteddfod		15,736	7p939	2' 675
Lamb Marketing		1,650		1,650
		653,814	147,666	801,480

DIRECT CO	STS OF CHARITAELE ACTIVITIES
		31.3.23	31.3.22
		E	E
Staff costs		126,146	42,824
Payments	to county federations	145,617	64,617
Insurance		1,412	4,016
Travelling	gr accommodation	62,606	1,421
Translation	costs	1,246	1,509
Charitable	event costs	316,787	24,232
		653,814	138,619

				Governance
			Management	costs	Totals
			E	E	E
Raising donations		and legacies	8,693	2,418	11,111
General Events			42,239	11,739	53,978
AGM			1,242	346	1,588
International			3,726	1,036	4,762
Youth Forum			2,487	690	3177
Sports Day			2,487	690	3,177
Rural affairs			14,910	4,144	19,054
Marketing			13,666	3,801	17,467
Young Peoples	Village		1,243	346	1,589
Royal Welsh Show			12,424	3,454	15,878
Spring Festival			1,243	346	1,589
Winter Fair			3,727	1,036	4,763
Public speaking			2,487	690	3,177
Field Day			4,970	1,381	6,351
Entertainment	Feast		2,487	690	3,177
Eisteddfod			6,213	1,726	7,939
			124,244	34,533	158,777

Management
		Raising
		donations
		and	General
		legacies f	Events f	AGM 6	Internationa E
Wages		2,559	12,423	365	1,096
Rent, rates and	water	456	2,221	65	196
Insurance		89	436	13	39
I.ight and heat		285	1,386	41	122
Telephone		214	1,045	31	92
Postage and stationery		700	3,400	100	300
Sundries		411	1,995	59	176
Repairs &renewals		2,588	12,577	370	1,110
ITmaintenance	&support	1,139	5,535	163	488
Depreciation of	tangible
and heritage assets		252	1221	35	107
Loan
Bank charges
		8,693	42,239	1,242	3,726
		youth	Sports	Rural
		Forum F.	Day f	affairs	Marketing f
Wages		731	731	4,385	4,019
Rent, rates and	water	131	131	784	718
Insurance		26	26	154	141
Light and heat		82	82	490	449
Telephone		62	62	369	338
Postage and stationery		200	200	1,200	1,100
Sundries		117	117	704	645
Repairs &renewals		740	740	4,439	4,069
ITmaintenance	&support	326	326	1,954	1,791
Carried forward		2,415	2,415	14,479	13,270

				youth	Sports	Rural
				Forum F.	Day f	affairs f	Marketing 5
Broughtforward Depreciation oftangible				2,415	2,415	14,479	13,270
and heritage	assets			72	72	431	396
Loan
Bank charges
				2,487	2,487	14,910	13,666
			young	Royal
			Peoples	Welsh	Spring	Winter	Public
			Village 6	5how f	Festival 6	Fair f	speaking f
Wages			365	3,654	365	1,096	731
Rent, rates and		water	65	653	65	196	131
Insurance			13	128	13	39	26
Light and heat			41	408	41	122	82
Telephone			31	308	31	92	62
Postage and stationery			100	1,000	100	300	200
Sundries			59	587	59	176	117
Repairs &renewals			370	3,699	370	1,110	740
ITmaintenance		& support	163	1,628	163	488	326
Depreciation	of	tangible
snd heritage	assets			359	36	108
Loan
Bank charges
			1,243	12,424	1,243	3,727	2,487

Management	-	continued
								31.3.23	31.3.22
					Entertainment			Total	Total
			Field E	Day	Feast f		Eisteddfod E	activities E	activities f
Wages			1,462			731	1,827	36,540	42,741
Rent, rates and water				261		131	327	6,531	4,449
Insurance				51		26	64	1,284	1,881
Light and heat				163		82	204	4,080	8,703
Telephone				123		62	154	3,076	3,682
Postage and	stationery		400			200	500	10,000	5,579
Sundries				235		117	293	5,867
Repairs &renewals			1,480			740	1p850	36,992	7,198
ITmaintenance		Iksupport		651		326	814	16,281	10,254
Depreciation	of	tangible
and heritage	assets					72	180	3,593	3,648
Loan									21
Bank charges									35
			4,970		2,487		6,213	124,244	88,191
Governance	costs
					Raising
					donations
					and		General
					legacies		Events	AGM	Internationa
					f			6	E
Wages						522	2,537	75	224
Auditors' remuneration						305	1,482	44	131
Rent, rates and water						31	154	5	14
Light and heat						19	96	3	9
Telephone						16	73	2	6
Postage and	stationery					48	237	7	21
Accountancyfees						37	173	5	15
Legal &professionalfees						986	4,792	141	423
Repairs &renewals						181	873	26	77
ITmaintenance		Iksupport				74	356	10	31
AGM expenses						184	895	26	79
Depreciation	of	tangible
fixed assets						15	71
					2,418		11,739	346	1,036

				Youth	Sports	Rural	Rural
				Forum	Day	affairs		Marketing
				E	E	E		E
Wages				149	149		896	821
Auditors' remuneration				87	87		523	480
Rent, rates and	water			9	9		55	50
Light and heat				6	6		34	31
Telephone				4	4		26	24
Postage and stationery				14	14		84	77
Accountancy fees				10	10		61	56
Legal &professional		fees		282	282	1,691		1,551
Repairs &renewals				51	51		308	283
ITmaintenance	&support			21	21		125	115
AGM expenses				53	53		316	290
Depreciation of	tangible
fixed assets							25
				690	690	4,144		3,801
			Young	Royal
			Peoples	Welsh	Spring	Winter		Public
			Village	Show	Festival	Fair		speaking
			E	E	E	E		E
Wages			75	746	75	224		149
Auditors' remuneration			44	436	44		131	87
Rent, rates and	water		5	46	5		14	9
Light and heat			3	29	3		9	6
Telephone			2	22	2		6	4
Postage and stationery			7	70	7		21	14
Accountancy fees			5	51	5		15	10
Legal &professional		fees	141	1,410	141	423		282
Repairs &renewals			26	257	26		77	51
ITmaintenance	&support		10	104	10		31	21
AGM expenses			26	263	26		79	53
Depreciation of	tangible
fixed assets
			346	3,454	346	1,036		690

							31.3.23	31.3.22
					Entertainment		Total	Total
			Field	Day	Feast	Eisteddfod	activities	activities
			E		E	E	E	6
Wages				299	149	373	7,463	5,829
Auditors' remuneration				174	87	218	4,360	4,000
Rent, rates and	water			18	9	23	456	745
Light and heat				11	6	14	285	89
Telephone				9		11	215	232
Postage and stationery				28	14	35	698	363
Accountancyfees				20	10	25	508	1,090
Legal &professional		fees	564		282	705	14,096	10,643
Repairs &renewals				103	51	128	2,569	455
ITmaintenance	&support			42	21	52	1,044	641
AGM expenses				105	53	132	2,633	570
Depreciation of	tangible
fixed assets						10	206	207
			1p381		690	1,726	34,533	24,864

Net income/(expenditure)	isstated after charging/(crediting):	31.3.23	31.3.22
Auditors' remuneration		4,360	4,000
Depreciation -Owned assets		3,149	3,855

	31.3.23	31.3.22
Chief Executive	1	1,
Administration	7	7

No employees	received emoluments
Employment	costs	31.3.23	31.3,22
		f	f
Wages and salaries		166,386	93,094
Socia I security	costs	8,521	2,844
Employer pension costs		2,703	1232
		177,610	91,170

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
		E	6	f
INCOME AND ENDOWMENTS		FROM
Donations and	legacies	21,354	258,449	279,803
Charitable acthrities
General Events		162		162
International		5,370		5,370
Rural affairs		500		500
Royal Welsh Show		50		50
Winter Fair		75		75
Public speaking		110		110
Eisteddfod		8,230		8,230
Lamb Marketing		7,796		7,796
Other trading activities		10,310		10,310
investment income		42		42
Total		53,999	258,449	312,448
EXPENDITURE ON
Raising funds		2,267	10,739	13,006
Charitable activities
General Events		8,633	117,106	125,739
International		3,384	3,257	6,641
Youth Forum		1,543	520	2,063
Sports Day		127	1,345	1,472
Rural affairs		252	9,027	9,279
Training			110	110
Marketing		2,769	38,563	41,332
Young Peoples Village		2,816	5,867	8,683
Royal Welsh Show		759	1,877	2,636
Spring Festival			15	15
Winter Fair		3,731	8,827	12,558
Public speaking		1,140	8,622	9,762
Field Day		126	2,006	2I132
Entertainment	Feast		293	293
Eisteddfod		8,090	10,153	18,243
Lamb Marketing		2,015	1,986	4,001
Welsh Promotion		125	992	1,117
Total		37,777	221,305	259,082

		Notes tothe Fl anclal State ants - continued forthe Year Ended 31stMarch 2023	Notes tothe Fl anclal State ants - continued forthe Year Ended 31stMarch 2023
12.	COMPARATIVES	FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued
			Unrestricted	Restricted	Total
			fund&	funds	funds
				6	6
	NET INCOME		16,222	37,144	53,366
	RECONCILIATION	OF FUNDS
	Total funds brought forward		424,792	257,032	681,324
	TOTAL FUNDS CARRIED FORWARD		441,014	294,176	735,190
13.	INTANGIBLE FIXEDASSEfS
					Website
					6
	COST
	At 1st April 2022 and 31st March 2023				19,690
	AMORTISATION
	At 1st April 2022 and 31st March 2023				19,690
	NET BOOK VALUE
	At 31stMarch 2023

TANGIBLE FIXEDASSETS
		Improvements	Promotional
	Long	to	Sfield
	leasehold f	property	equipment E
COST
At 1stApril 2022	97,987	10,955	10,038
Additions
At 31stMarch 2023	97,987	10,955	10,038
DEPRECIATION
At 1st April 2022	13,302	365	10,038
Charge for year	2,784	365
At 31stMarch 2023	16,086	730	10,038
NET BOOK VALUE
At 31stMarch 2023	81,901	10,225
At 31stMarch 2022	84,685	10,590
	Fixtures
	and	Computer
	fittings f	equipment f	Totals f
COST
At 1st April 2022	8,105	25,751	152,836
Additions		1,970	1,970
At 31stMarch 2023	8,105	27,721	154,806
DEPRECIATION
At 1st April 2022	8,105	25,751	57,561
Charge for year		650	3,799
At 31stMarch 2023	8,105	26,401	61,360
NET BOOK VALUE
At 31st March 2023		1,320	93,446
At 31stMarch 2022			95,275

15.	STOCKS	orthe Year Ended 31itMarch 202	S
	Stocks		31.3.23 f 2,464	31.3.22 f 2,464
16.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
	Trade debtors Other debtors VAT Prepayments		31sk23 f 27,892 204 5,870 7,432	31.3.22 f 19,171 204 3,415 10,643
			41,398	33,433
17.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			31.3.23	31.3.22
	Trade creditors Social security and other taxes Sundry creditors Pension fund Accrued expenses		f 10,482 3,823 221 456 23,157	f 17,109 5,098 221 539 35,492
			38,139	58,459

MOVEMENT IN FUNDS
			Net
			movement	At
		At 1,4.22	in funds	312k23
		6	6	6
Unrestricted funds
General Fund		293,787	(176,737)	117,050
Designated Building Modernisation Fund		25,838		25,838
Designated ITFund Designated Membership	Form Fund	396 2,147		396 2,147
Duke ofEdinburgh Awards Scheme Fund		1,500		1,500
Recruitment and Retention of
Membership Fund Database Fund		1,500 1		1,500 1
Elwyn Jones Training Fund		3,037 13,168		3,037 13,168
Buy a Brick Campaign
		99,637		99,637
		441,011	(176,737)	264,274
Restricted funds
Development &Welsh Promotion CTEvans - Welsh Drama Fund		22(888 2,611		22,888 2p611
Powys Association of Voluntary Organisatlon Garfield Weston Foundation		127 10,000		127 10,000
TM Meredith Legacy Lottery - Awards for All Wales Cultural Recovery	Fund	70,307 7,889 162,576	(2,423) (31,374)	67,884 7,889 131,202
Moondance Foundation		5,000	(5,000)
Lottery Community Fund		12,781	(953)	11,828
		294,179	(39,750)	254,429
TOTAIFUNDS		735,190	(216,487)	518,703

				Incoming	Resources	Movement
				resources f	expended 6	In funds 6
Unrestricted	funds
General Fund				367,595	(544,332)	(176,737)
Restricted funds
Development	&Welsh Promotion			132,259	(132,259)
T M Meredith	Legacy				(2,423)	(2,423)
WCVA - Third	Sector Resilience		Fund for
Wales				33,774	(33,774)
Wales Cultural	Recovery Fund				(31,374)	(31,374)
Moondance Foundation					(5,000)	(5,000)
Lottery Community		Fund			(953)	(953)
Summer of Fun				94,000	(94,000)
				260,033	(299,783)	(39,750)
TOTALFUNDS				627,628	(844,115)	(216,487)

					Net
					movement	At
				At 1.4.21	in funds	31.3.22
				E	E	E
Unrestricted funds
General Fund				277,568	16,219	293,787
Designated Building		Modern)sation
Fund				25,838		25,838
Designated IT Fund				396		396
Designated Membership			Form Fund	2,147		2,147
Duke ofEdinburgh	Awards Scheme
Fund				1,500		1,500
Recruitment and Retention of
Membership Fund				1,500		1,500
Database Fund				1		1
Elwyn Jones				3,D37		3,037
Training Fund				13,168		13,168
Buy a Brick Campaign
				99,637		99,637
				424,792	16,219	441,011
Restricted funds
Development &Welsh Promotion				26,187	(3,299)	22,888
CTEvans - Welsh Drama			Fund	2,611		2,611
Powys Association	ofVoluntary
Organisation				127		127
Garfield Weston Foundation				10,000		10,000
T M Meredith Legacy				72,730	(2,423)	70,307
Lottery - Awards for		AII		8,108	(219)	7,889
WCVA - Third Sector Resilience Fund for
Wales				26,065	(26,065)
Wales Cultural Recovery			Fund	106,2D4	56,372	162,576
Moondance Foundation				5,000		5,000
Lottery Community		Fund			12,781	12,781
				257,032	37,147	294,179
TOTAL FUNDS				681,824	53,366	735,190

	Incoming	Resources	Movement
	resources 6	expended f	in funds f
Unrestricted funds
General Fund	53,999	(37,780)	16,219
Restricted funds
Development &Welsh Promotion T M Meredith Legacy Lottery - Awards for All National Voluntary Youth Organlsations	124,718 (1) 30,000	(128,017) (2,423) (218) (30,000)	(3,299) (2,423) (219)
WCVA - Third Sector Resilience Fund for
Wales Wales Cultural Recovery Fund Covid Job Retention Scheme	87,635 2,951	(26,065) (31,263) (2,951)	(26,065) 56,372
Lottery Community Fund	13,146	(365)	12,781
	258,449	(221,302)	37,147
TOTALFUNDS	312,448	(259,082)	53,366

				Net
				movement	At
			At 1.4.21	in funds	31.3.23
			E	f	E
Unrestricted funds
General Fund			277,568	(160,518)	117,050
Designated Building Modernisation Fund			25,838		25,838
Designated IT Fund Designated Membership	Form	Fund	396 2,147		396 2,147
Duke ofEdinburgh Awards Scheme
Fund			1,500		1,500
Recruitment and Retention of
Membership Fund Database Fund			1,500 1		1,500 1
Elwyn Jones Training Fund			3,037 13,168		3p037 13,168
Buy a Brick Campaign
			99,637		99,637
			424,792	(160,518)	264,274
Restricted funds
Development gr Welsh Promotion CTEvans - Welsh Drama Fund			26,187 2,611	(3,299)	22,888 2,611
Powys Association of Voluntary Organisatlon Garfield Weston Foundation			127 10,000		127 10,000
T M Meredith Legacy Lottery - Awards for All			72,730 8,103	(4,846) (219)	67,884 7,889
WCVA - Third Sector Resilience		Fund for
Wales			26,065	(26,065)
Wales Cultural Recovery	Fund		106,204	24,998	131,202
Moondance Foundation			5,000	(5,000)
Lottery Community Fund				11,828	11,828
			257,032	(2,603)	254,429
TOTALFUNDS			681,824	(163,121)	518,703

		Incoming	Resources	Movement
		resources	expended	In funds
		E	E	6
Unrestricted funds
General Fund		421,594	(582,112)	(160,518)
Restricted funds
Development ik Welsh Promotion		256,977	(260,276)	(3,299)
T M Meredith Legacy			(4,846)	(4,846)
Lottery - Awards for All		(1)	(218)	(219)
National Voluntary	Youth Organisations	30,000	(30,000)
WCVA - Third Sector Resilience Fund for
Wales		33,774	(59,839)	(26,065)
Wales Cultural Recovery Fund		87,635	(62,637)	24,998
Moondance Foundation			(5,000)	(5,000)
Covid lob Retention	Scheme	2,951	(2,951)
l.ottery Community	Fund	13,146	(1,318)	11,828
Summer ofFun		94,000	(94,000)
		518,482	(521,085)	(2,603)
TOTALFUNDS		940,076	(1,103,197)	(163,121)

		Wales Federa	ofYoun	Farmers Clubs
		Detailed	t fFi a	clalActivities
		for the Year	nded 31st	arch 2023
					31.3.23f	31.3.22 E
INCOME AND ENDOWMENTS
Donations and legacies
Donations					8,963	2,704
Grants					349,068	277,099
					358,031	279,803
Other trading activities
Merchandise					584	310
Sponsorships					32,850	1.0,000
Meeting room					1,708
					35,142	10,310
Investment income
Deposit account	Interest				1,795	42
Charitable activities
Income from events					232,660	22,293
Total incoming resources					627,628	312,448
EXPENDITURE
Raising donations	and legacies
Wages					7,463	5,773
Other trading activities
Purchases					2,257	1,635
Ead debts					21,804
					24,061	1,635
Charitable activities
Wages					126,146	42,824
Carried forward					126,146	42,824

	Detailed Statement ofFinancial Activities	Detailed Statement ofFinancial Activities
	for the Year Ended 31stMarch	023
			31.3.23	31.3.22
			6	f
Chaditable activities
Brought forward Payments to county federations Insurance Travelling &accommodation Translation costs Charitable event costs			126,146 145,617 1,412 62,606 1,246 316,787	42,824 64,617 4,016 1,421 1,509 24,232
			653,814	138,619
Support costs
Management
Wages Rent, rates and water Insurance Light and heat Telephone Postage and stationery Sundries			36,540 6,531 1,284 4,080 3,076 10,000 5,867	42,741 4,449 1,881 8,703 3,682 5,579
Repairs &renewals ITmaintenance &support			36,992 16,281	7,198 10,254
Long leasehold Improvements to property			2,602 341	2,619 365
Plant and machinery				281
Fixtures and fittings				178
Computer equipment			650	205
Loan				21
Bank charges				35
			124,244	88,191
Governance costs
Wages Auditors' remuneration Rent, rates and water			7,463 4,360 456	5,829 4,000 745
Light and heat			285	89
Telephone			215	232
Postage and stationery			698	363
Carried forward			13,477	11,258

	DetalledSt	tern
	forthe	Year Ended 31st Iyia ch 2023	31.3.23	31.3.22
			6	f
Governance costs Brought forward Accountancy fees Legal &professional fees Repairs &renewals IT maintenance &support AGM expenses			13,477 508 14,096 2,569 1,044 2,633 182	11,258 1,090 10,643 455 641 570 165
i.ong leasehold			24
Improvements to property				18
Plant and machinery				11
Fixtures and fittings				13
Computer equipment
			34,533	24,864
Total resources expended			844,115	259,082
Net (expenditure)/income			(216,487)	53,366