Compatiie5 House No". 0&3W142 Chariry Commi&8ion No: 11SZT38 fvr thé year en&&ge¢¢m6tr 31. 2023
CHteisr GOSPEL ASSEMBLY R£PORT AND F]NLNCiAL STATEMEKf5 FIJR THF YEJk& ENDED DECLMBER 31. 2023 Legal and Administrative Inforn)ation Report of the Trusrees Independent Examiner's rewjrt Sratement of Financi Activiue8 Balance sheet 14 Cash Flow Statement 16 Noies to the knounts l7
CHRIST GOSPEL ASSEMBLY REPORT AND FINANCIAL STATEM£fiTS FOR THE YEAR ENDED DECEMBF.R 31. 2023 Pastor O.E.OGUNP4tYI Larry BANKOLE Teres2 BRENCHLEY The Lighthouse 164 Dock Road Tilbury RM187BS Barclays Bank Grays Essex Adekunle Fawunmi Fabek A880ciates and Co Ltd 32 Dewey Road Da8enham E*sex RMIO 8AR Companies House No: 08399742 Charity Commission No: 1152738
CHIt15T GI)L ASSEMBLY REPORT AND FINANCIAL TEll£KrS FOR THE YEAR ENDED DECEMB£R 3 1. 2023 The Trustees. for the Purpo of the Charities Act 2011 as amended and Ststement of Recommended Practice {SORP) 2C()5, brnit their annual report and financial statemenLS for the year ended 31 December. 2023. The Trnsiees have adopted the provisions of Ihe Statement of Recommended Prdctice ISORP) "Accounting and Reporting by Charities" issued iti March 2005 in preparing the 2nnual rep)rt and financial tt2tements of the chlty. The Charity is governed by Memorandwn and Anicles of Association. The company's principal activiry during the year continued to be". To advance the Christian faith in such F4rts of the United Kin8dom and the World. To promoie and preserye 80(xl health by the PTOVi8ion of nds. goods or service8 of any kind including the provision of counselJin8. prayerJ, and supp)rt in 8u¢h parts of the Unired Kin8dorn and the world. Organized One to One Evange]ism Outreach. Organized and staged 7 Sundays of Jehoshaphai PTaise and Worship for public / communiry spiritual upliftment from 22nd lan to 5th March 2023. Healthy lifesryle Seminar-for all member& familRe& friends and the communiry-Theme: How to bcai the disease on 14ch May 2023. Mother's Day celebration for the Church Members and the community Father's Day celebration for the members and the communiry. We held Barbecue Summer ¢)uting for Church families, friends and community, and incoTrorated Youth and Children Day Celebration with 4 FK)uncing castle ai Pilgrim Hall Brentwood on the 8th of lu]y 2023. We organized 2 Separate night vigil for spiritual empowennent fi)r women in the church. the community and internationally on l Eth March & 30th Sept 2023. ORGANISED 2 separate PRAYER REfREATS for the church and other denomination that needed it on 8th- 1 lth June & 7th - l(kh Dec 223 Invesring in People: Relevant ministerial mining fLmding supporr. Funding musical instrumental trninin8 for Intereed youths & children. Christmas Hampers to the famib'es within the communiry. We organized Special prayers day for the children- 23rd Sept 2023 We carrked out Water Baptism by immersion for members and new convert - 3rd Sept 2023 Ministerial Onlination and Appointment of Deacon IDeacone&s ceremony held on the 5th Nov 2023. ChLlStm&s Carol and paty for members and collllnuniry OD the 17th Dec 2023
The facto that may affect the Chatity's delivery of IL8 obj'ectives inChc.. a) Reputarion of Clwiry and the relationship with the communiry bl Abiliiy to generate enough fijnds to successfully cotnplete the idenllfied projects for the chariry The Chariry pr(Kluces an annua] plan ftir delivery agai1 its objeaives. This plan sets out the targets for the year and is then broken down to a work pla The Chariry aims to build reserve which will enable it to meet its average annual operational need. The Tntee$ review the reserves held by the Chariry on a regular basis to ensure that an ppropriate level of are held to meet the above cY of the Charity going forward. A Board of Trns¢ees governs the Charity. Nww Trjstees are selected by the Board of Tntee8 and are subject to re-elecTion every five years. Ai 31. Dccember 2023. the Board had mernberthip of three people acting as trustees. The Board meers three times a year to agree key poliey decisions, set the $uate8y for Ihe chgriry and oversee its performance. At present the Board h2$ comjnittee members who are respongible for the day to day ac¢iviues of the chariry. None of the committee member8 18 beins remunerated. All Tnree8 receive the h8ndEwk for Tntytees. provided through the Chariry Commission. Each Trustee will have an induction programme by other TnLStees and receive an information pack on the Chariry and its finances. Beyond this the Chariry follow3 the code of practice for governance prLllCed by the Governance Hub. Company law requAre6 the Tnee8 to prepare financial statemenTs for each financial year. which comply with the Charities Act 2011 as amended. The systems of inrnal control are designed to provide reasonable, bui not absolute. arnncC a8ainst rngteri41 misstatement or Thry include.. A 5trate8ic plan and annual blget approved by the Trust Regular consideration by the Trustees of financial results, in partiLkn variance from Budget. and Delegarion of authoriry and segregation of dunes.
The tThstees are Tesponsible for preparing thc Tnree$, Annual Report and the finanrial statements ill acCordar with applioble jaw repdations. Company law requires the tDuttts to pw fiDancial statemenfs for eath financial year in accordance with UK Accouotins Standards and 2ppb"c¥blo law (UK Gcnerallv Accepted The fiJwKial statements are requirtd by law to give a we and fair wew of the srare of affaits of the chariuble company ar of the tx£eJs of iDcom¢ over txpeoditure foi that period. lelect 8uityble acCour8P)IiC1¢s then apply them con%isrendy". ' jud8meDts and e5timites that are reasoDabk and PTudeuL swe whethff wppliv4ble UK Attoununs S¢arbdards have beeD followed. wbject To y material departuresdisc10d and explained in the financial $ratements: and PTepare the financial xaremenrs on the 8oinÉ concern basis unless it is inappropria¥e to prewme thai the Chariry wiu continue in its 1VitIeS. The rrustees are reswible for keeping proper accounun8 records that disclost with Tea5onable a(ncY ai any lime the financial POJitiOD ofthe dwitable compny and enable them to enwr that its financial statemeDty comply with the Chuities kn 2011 as amended. They baye general Ye$ponsibiiiry for takin8 wch steps a$ ay¢ rewjnably open to them to safeguard the aBgets of the charitable comPY atsd ro pwieDt and dew fTrud other irrt8ulari(ies. The tnree$ wlko held office at the date of pproval of this tntee9. repott confirn] thar. 30 far they are e•cb aware. there is DO relevant infon of which the Chariry's examiner is unaware: and each muttt has taken all the sieps ihat helshe wsht to have Vdken as ¥ irustee to make himself I herself aware of any relevant infornation and to establish that rhe Chariry S examiner is aware of that infOrntion. In line with the provish¢)n exempion in the ChaTiiies Act 2011 a6 alnended. thL' tru$T LoritlnUL with the appinunent of Mr Adekunle Fawunuu w ex•mintr. which will tEVieW the accouDt$ for the year ended 1knr 31, 2023.
Cllftisf GQSPEL ASSEMBLY REPORT AND FINANCIAL sfATEMEFrrs FOR THE YEAR ENDED DECEAIBER 31. 2023 We Teport on the accoun¢s of the Tr for the year ended December 31, 2023. which gre srf out on Pages 9 ro 24. The chaTity'S trustees are responsible for the PTeparnrion of the accounts. The chariry's tee$ consider that an audit is not required for this year (under section 43(2) of the Chariues Act 2011 (the 1993 Act)) and that an independen( examinauon is needed. li is our rcsponsibiliry ¢0: examine the accounts (under section 43(3){a) of the 1993 Act); to follow the procedures laid down in the General Directions 8iven by the Chariry couLmiA0nerS {under Section 43(71(b) of the 1993 Act): and To state whether particular maTters have come to our auenuon. Our examination was carried out in accordance with the General Directions given by the Ch3rity Commiwoner5. An examination include5 a review of the aeeouniing records kept by the ehariry and a comparison of rho accounts presented with those records. It also includes consideracion of any unusual iiems or dtxlosures in the acLuunt& and Seeking explanaTiuns from you a5 Iru5tees concernin8 any such mBtter5. The procedures Undertaken do not provide all the evidence Ehat would required in an audiL and conwuendy we do not express an Ludit opinion on the vkew given by the accounts. In connection with our examition, no matter has come to our attention: {1) Which give8 u$ renable ca to believe tha¢ ij) any material respect the Tequirements to keep •¢coutIng records An accordance with section 41 of the 2011 Act; and 10 prepare accounts which #ccord with the accountin8 Tecords Comply with the accounting requirements of the 2011 Aa amended. Have not been or 121 To which. in our opinion. attention should be drawn in order to enable g Proper understanding of the accounts to be reached.
thts ANi12& 202 Adtkunle FThwDTri F•bek AS)&[e$ and Co L 32 Dtwey Ra Da&enhgm RMIO 8AR
REPORT AND FtFIANCIAL STATEMEM FOR TH£ Y£AR ENDED DEC£MB£R 31, 2023 Pri)r Year Total Funds 2022 Dor&itvn& & Investmews 66.954 15.471 69,614 16,284 14.707 Totsl i¥rome 82.431 3.467 85,898 101,173 62.198 62,198 43,319 Toji eJFetditure 62.198 62.198 43.319 Nrt 80irt4 on in¥estmeNs 11.(KK)) Net iorne frjr ye4T A-B+C 10.467 30,7(M) 56,854 1,815 Net Iorne after transfers 10.467 30.7CQ 58,669 RectsttL4TxJn offiuth:. 153. 125.642 279.272 220,603 ITJ.863 136.109 309,972 279.272 All activities derive from continuing operdtiom.
Currnt year Currert year year 2022 2022 2022 IOe & fronL' 11.430 4.312 IDvestments 10.395 14.707 To1 ItOrne 85.431 15,742 101.173 35.3(M) 8.019 43,319 35,3LKI 8.019 43.319 (1.() (i.(xx)I Net irKome for d* year A-B+C 50.131 &723 1.815 56.854 1.815 Totsl fvjth brougFrt fOard 103.499 117,104 220.603 Total fu$ Crd fornrd 153,&10 125,642 279,272 All acriviues derive from continuing operauong. CHRIST GOSPEL ASSEMBLY . Ruollred ipp]kd In th• yar ended 31 December 2022 tow8rd8 fixed a•i¢ts foT Re4tAt¢d 2022 2021 Fllnd$ 8enerdted in yeBr detr]kd in the SOFA Rogources applied on fu[21 fLd a8sets O&£r app]8 of fuu 56.854 17.545) 49.309 63,684 di8posak. io
Re•t•t¢d L&8t year ToTrl Fwy15 2021 2022 Atcumuknred 5JTds btouglx forward i5.493 31,740 135.239 7).555 RttogTffjed 231 aTrl kAsseq IKIoTe tran¥fa5 50.131 711 5&854 15&630 191093 135.239 153.(A) 40.278 I93,8 135,239 Fiyed asset fu]Mb tast year Totsl 2021 Futbls 2022 2022 Ai I IAmJary 85,364 At 31 December 85,364 Summary of fiJTkb Lasr Year To1 FuTr48 DEs¥rAred fiuxts 2022 2¢ni ReVern accumukted Fixed assd fu]Mls 153.6 40.278 85.364 193.gYJ8 85.304 135,239 85,364 Totsl fiJTri8 1516XI J25,6Q 279.272 220,flJ3 CHRIST GOSPEL ASSEMBLY- Relourcu applie¢l iti the ye4r eTrlea 31 December 2023 2023 2022 Funci8 generated in fv y(2r as d in SOFA 30,7(K) 14291 58,669 {7.5451 30.271 51.124 The resources on fiyed &55ets for dMtNy w reprtse Lut ofathlrn?o¥ priKth of any li
Movejnents in reveDtte Lxpirl for the yur ejkled 31 Decemlxr 2023 Iast ye2r Totsl Fuxd& 2W22 153, 193. 135,239 20,2J3 10,467 30,7C(I 56,854 1748&3 50.745 224,608 192,093 1.815 ITJ.863 50.745 224.flJ8 193,9)8 Fixal asset fw Last year Totsl Fw¥JJ 2013 2022 Atlla 85,364 At 31 D¢cernlr 85.364 I'otal Last Year Total Fu$ 2023 2U23 2013 2022 IrJ.863 50.745 224.608 193,9¥)8 Reyetjue de5i8Ystrd Fixrd Ser fud8 Revaluatvrt nyerve fuTMI 85,364 TotylfjJtKb IM109 3(r).972 279,2r2 12
CHRIST GOSPEL ASSEMBLY Comp% Art 21K)6 2022 Irrnme from otrntrr 69,614 15,471 14,685 22 85,898 101.173 59,672 1.526 40.893 1.526 DeprttRtll)n atxi allttaD GovernarKe cthts Nrt (Gain51 l knses on In¥esurn {7.lJ)01 55.198 44.319 30,7(KI 56,854 Net (Gairts) l Losses on Investsw Net iome after tax in fMaTl ytsr 30,7¢XI 5&854 R£fAird 8urpkn for d frMwMlyeRr 5&854 13
CHRIST GOSPEL ASSEMBLY- Shtet u It 31 Deeember 2023 2023 2022 Fiyd 48•ets ITnrBible assas Tangibie assets 365 9.805 105.1)X) 8.891 112.lJXI 121.073 115.170 Debts) Cash ai Iwryl 189.599 165,452 IW.661 165.452 io (1.762 11.350) Net Crnll¢ 4•1ets 188,899 164.102 The tot1 •••ts of thè 309.972 Z79.272 50.745 85.364 IMI 40,278 R¢strKted FI Asset FuTrlq li li IT& 153.630 ITJ,8&3 309.Y12 153,&30 279.172 UTder secti?n 477 ofthE C0T[pns kn 2 TF bave ttquwed the otffain aD I w aCe<d wrth SCLtrti 476 ACL dir&Yots ackmwkdge dir resrlliS foT compl wih YLyuremerys ofthe CornpniE5 Tlr frAtThl ststernerA5 hve boen preptEd in %cOrd& wth the P4n 15 of Compari Ac4 2(Th. aPp]Kab to COMP Subje to small cornF Trgiw. TTU8 APpVed by the oftrtWtrE5 on 28 Al2{r24 14
CHIUST GOSPEL ASSEMBLY Cash Flow Statement for tbe yar ended YI Dee•ttber 2023 2023 2022 Ca•h t]ow• from operattDg ictsvit 8,292 47,838 Intcrc5t rcceived 15,477 (4291 14.685 {7.5451 Purchase of pxoEw. pknt aDJ equ¥smwx Net eA•h provlded by IDV4•tln8 Acthltl 15.855 7.l62 OveThll cuh prov>lea by all •ctiTit A+B 24.147 55.000 Cuh movemen in year eTrled 31 Decemi*r 2023 24.147 55.(NX) Cash arnl rash equivakws at l J4TWary 2023 165,452 110.452 C4sh at b41th lthnd les$ overdrAft• &t 31 December 189.599 165,452 Net itKome as sknwn in Ststrmeff of Findwi Aaivi Xl,7(X) 58,669 Adjv£zDeJts lor :. 1,343 183 An)ration charges Net unrea]i8ed kK8ses on investnt asset5 (7,(XMJ} (16,2841 (l.C62} 412 (14.707} Decrease irk debto Irrease / (Decrease) in credioTh. 1.350 8.292 47,838 15
CEiRisf GOSPEL E{BLy REPORT AND FINLNCIAL sfATEMErirs FOR THE YEAR ENDED DECLMBER 31. 2023 The fillancial staleellts have been prepared in accordance with the chariues SORP {FRS 1021 Accounting and Reporting by Charities. Statement of Recommended Practice Applicable to ch2ritie5 preparin8 their accounts. in #eeordaneè with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FILS 102) leffecuve I lanuary 2015), the Fitiancial Reportin8 Standard applicable in the UK and Republic of Ireland (FBS 102 and the Clwities Acr 2011. The fiDancial staiements bave been Prepared to give a trut and fair view and have deparred from the Charities (Accounts and RerIs> Regulari0 21Y)8 only 10 the extent requircd 10 providc a rrne and hir View. This deparne Ilas involved followin8 the Chariues SORP IFRS 102) ptsblished on 16 July 2014 rather than the Accounting and ReportiD8 by Chariues Statemeni of Re¢¢)rttmended Practice effective from l Aptil 2LKI5 which ]w since been withdrawn. Chrisi Go8pel Assembly mee¢8 the definition ofpublie benefii entity under FRS 102. Assets and liabilities are initially recognised at historieal eost or tr4nuction value unlcss otherwise stated in the relevant accountin8 tx)licy. There are no materiol uncerrainties re8arding the charity's abiliry to continue. Therefore, the accounts are preFared on a 8oin8 concern bisis. 13 All income is recognised once the Chariry has enutlemeni to the income. It 1$ probable that the income will be received and the amouni of income can be mea8ured reliably. The chaTiry invested An dwe]ling prortieS in 2020 and these have been classified as investment propertAes. The income from which is held in a restrictÈd fia8 to build up funds for the pllrche of the chariry's lId IA Expenth"ture is recognised once there is a legal or construaive obligation to transfer economic benefit to a third parry. IT is pmbable that a transfer of economic benefirs will be required in settlement and the amount of the obligation can be measured reliably. ExpenditUTe is c]a&sified by activity. The costs of each acrkvity are ma¢le up of the total 16
dirert costs and shared costs. including SUPFK)tt cosrs involved in undertaktng wdch attlty. Dtrect costs atttibutable io a single acriviry are allotated directly to tbat activiry. Shared costs which contriknte to more than one activity and support eosts which 2re not attributable to a single artiviry are apportioned berween those activities on a basis consistent with the use rf resources. Cenual staff costs are allocated on the basis of time spent, and depreciation charges all(ated on the rtIOn of 8s8et's use. Expenditure on charitsble activities in incurred on airecdy undertakin8 the activities which fvrther the ChaTiry'S objeeiives. gs well as any associa(ed support costs. Grants payable are charged in the year when the offer is mth except in those cases where the offer is conditional. such grants being reco8nised a5 expenditure when the conditions attaching are fulfilled. Grants offered subject to condiuons which have not been met at the year-end are nored gs a commimien¢. but not Accrued as expenditure. All expenditure is Anclusive of irrecoverable VAT. Interest on filnds held on deposit is included Whe receivable and the amount can measured reliably by the Charity• this is nornllY upon nouficauort of the interest paid or payable by the inltution with whom the funds are deF47Sited. Tangible fixed assets are initially recognised ar cost. After recogniuon under the coyi model. iangible fixed a&sets are measured at cost loss aceumulated depreciation and any a¢¢umulated impalrment l<)ws. All costs incurred to bring a tangible fixed asget into its intended working condition should be included in the measurement of cost. Depreciation is chgrged so as to alllxgte the cw of tXti8ible fixed etS less their residual wdlue over their estimated useful lives. Depreciation is Provided on the following ba. Freehold property . not depreciated Lllg terni leasehold pro . 50 years Fixrures and Fittings - 10 years Office Equipment - Ioyea Motor Vehide - 5 year5 InYes(meni assers are valued annually and therefo Dot subjected to annual depreciation. 17
Trade and other debtors aze Tecognised at the settlement amount after any tTade disc¢)unt offered. Prepayments are valued at the amouni preId net of ally uade discounts due. Cash at bank and in hand includes (Ysh and sborr tenn highly liquid investments with a short maruriry of three months or Iw from tbe dare of acquisiuon or opening or similar accounL liabilities are Tecogoised when there is an obligation at the Balance Sheet date as a result of a past event, it 15 probable that a trdnsfer of economic benefir will be required in setilement, and the amount of the settlement can be es¢imated reliably. Liabilities are recOgna at the amount that the Chariry anticipated it will pay 10 settle the debt or the amount it has received a5 advaTh¢ed payments for the goods or setvice5 it ust provide. Provisions are rnered at the besr esrimate of the amounts required to settle obligation. Where the effect of the time is material. the provision is based on the present value of those amounts. discounted at the Pre-tax discount rate that refleets the risks specific to the Ilability. The unwindin8 of the discount is ye8n1$¢d in the Statement of Financial Activitieg as a finanee cost. GeneTal funds are unrestricted fiuLds which are av8i]able for use at the discrétion of the Trustees in furtherance of the general obj'ectives of the CPiEY and which have not been designated for other pur1x. Degignated fund5 comprise unresrricted funds that have been 3ei aside by the TTU8tee8 for panicular purpow. The aim and use of each designated 6Jrtd is set out ID rhe notes to the finxncial statements. Resuicted funds are whith are to be used in accordance with speLifie restrictions RmFx)sed by the donors or which have been raised by the Charity for particular PUTposes. The costs of rdising and adminisiering such fimds are charged against the specific fund. The aim and use of each resrriaed fimd is set out in the notes to the financial sratements. 18
2023 2023 2023 20?2 Gift a1 clèjm 15,497 15.497 12.494 3,885 57.753 4.414 Tithe5. offeriT¥s. rl4nk%givr Vows aThL Pkdges 49.199 49,199 375 69.539 78.921 tkjj1a arAI gdts from (Itthk HMRC xdurmls OD8rf( domi¥)) . Pri)r Year aDtyi& Pmr Year Pr¥)r Year Prk)T Year Total Fur#Js FUTr& 2022 2022 2022 Pr¥)r 75.036 3.885 78.921 Donated As$eo Curyem year Cutrent year Currert yelt Prw Year Unftstrtrd Rutricrd Totsi FuTrls Total Fu 2023 2022 Lknnated As$ffs 7.545 Tool [knd Assths 7,545 Curn year FUlS ToTr] FU15 T0r% 21r23 21Y23 2023 f&954 69.614 19
unsured Restrid Total FU Totsl Fu$ 2023 20 15.477 15.477 14,685 22 nk Inwyt Receivab 15.471 16,284 14,707 FuTxIs 2023 2022 Gn)ss wag& aTrJ salar5 . duriab actsv Deftrd caqts . clw¢•b 14.5&3 14.5&3 4,276 937 937 2&3 929 210 210 Charitsbk proic¢¢ ¢ts Traveb Totsl direa 7,642 2,165 2.165 26,466 12.181 Currcrn yegr Currert year Currem year Prr Year Unréjtiyted ReRtixYtil TLMal FuTha8 ToraL FUDJS FuJ*ts 2023 Cunw Yar 2023 2022 Rent pyabk thjler OFe¥atll¥ knes ard tA)wer 27.2(Kl 1,729 T7,2(Kl 1,729 24.160 1,503 2.915 TePho. fax atd itrter Equipmern eyitn8es s 132 590 132 545 522 20
650 450 fees OtEer k89] wfessM)ml 2(M) 1,526 1.526 1.526 Total 8UPFn . CurtErt Year 34.rJ2 CuTfÈrt year Currn¢ yeAr year PN>r Year UDrestttd Re5trrred TotaL FurKi8 Totsl Furds 2022 Cuffern year CuTrcr yrAr Currert yeAr Prh)r Yrdr Unrestixted Restrrwd Totyl FuAts Total Fwb 223 2023 2022 Tothl drect ToTrl $upprt 26.466 34,T32 2&466 34,732 12,181 30,238 62.198 62.198 43,319 2023 2022 14.533 4.276 Empk)yeVs NatYJnal lrnurd¥re for all Soff 937 263 Totsl •alllrl8. wale• •Jd rknted 15.470 £539 avera8e rnunber of tin sraff eTnpbyed in year was TIE average rnunir of fiffl tirne srdff empbyed in year wa5 21
Iwfrjle Fly A$sas 2023 2022 Ar I12rw 2013 731 T31 At 31 lknemlv 2023 731 731 Ai l Jarw 2023 1&3 Ac Jl [eMIer 2023 549 Ner value 182 365 Tangknk fi)2d Sets P]ant & Machu Cost At I January 2023 Additn8 17,202 429 At 31 D¢¢ember 2023 17.631 Deprecotx)n Ai I laTh¥ry 2023 C7wge for year 7,3fl 1.343 At 31 tk<ember 2023 8,740 Net knok va At 31 December 2023 8.891 At 31 IkceTnber 2022 22
At I larnjary 2022 Revall at 31 Dttemier 2022 106.000 (i.OLN)) At 31 December 2022 105 000 Iand and Buildings {£85. 364), relate to Hisrorical ¢(k8r of invo8tmeni properties. The surplus on revaluation is as a result of comparing the historical cost with lower range on Zoopla house prices as at 3111212023. tkkrtOTS 2023 2022 1.062 1,062 io. 2023 2022 PAYE, NIC VAT thl okn 112 1.650 1,350 1.762 1.350 23
ii. At 31 December 2023 Tordl trrtangbk Assets Fiy£d Assets 182 176.4731 182 8.891 112,(IKI 139.916 11.762) 112,C((J 190.661 11.7621 Current A55ets 50.745 IrJ.8 136.109 3(Yg,972 At I 2022 Restatthl U]ttlted De5igrxted Resuyted Totri 105.(KK) J25.174 11.350) 105.( 165,452 11.3501 Cumnt AsseTS Current I,1al5 40.278 153,630 125.642 279.272 12. Related Pany Trnnsactions,: None in knth 21Y23 and 2022. 13. Post Balance Sheet Event: None to dec]are for both 2023 and 2022. 24