**Company Registration Number: 08645262** **Charity Commission Number: 1154886** **ONSITE BUILDING TRUST (a company limited by guarantee)** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** **----- Start of picture text -----**
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ONSITE BUILDING TRUST (a eMp4￿Y limiied by 8u•r*alee) CONTENTS OF THE FKNANCIAL STATEMENrs FOR THE YEAR ENDED 31 MARCH 2021 Pages Re￿rt of the TT•5tets 1104 Indep¢ndttst Exnminer'5 Report stst¢N¢rtt of FiDaitl81 Attsvitits Bal4nee Sheet StsleM¢nt of Cxsh Flows Notes to tht FiMAn¢lal &l•tEm¢•ls 91016 PaBe I ONSITE BUILDING TRUST (a Ilmitcd by Ew•r••lee) REPORT OF THE TRUSTELS FOR THE YEAR ENDED 31 MARCH 2021 The trusices are pl¢a5¢d 10 prescnt their repoo with thr unu*liitd fjrwcial Molcmcnts of the chwiiable ¢ompRny Iihe chDriiy} foriheyear ended 31 2021. The financial m*mcnts have bLTn in accowdw¢ with xcouniing [￿11¢1¢$ Sd no*5 10 thc xcounts snd compl) wilh lh¢ ¢harity'5 govcrnin8 lh¢ CThariiics Att 2011 AccouniinB and R£[￿lIng by Cffiaritie5: Siakmeni or Recommcnd¢d Practice opplicth¢ 10 ¢harilic5 PFcwing their s*cwnts ITh aLrordancc with th¢ Reporting Siandard ppli¢gble in thc UK and Republic Df Ireland publishcd in Octh2019. REFERENCE AND ADMINisfRATIVE INFORMATION Chgrfty NAmt: Onsite Buihlins Th Compfioy Rryktr•tlo* No: 08fy15262 ChArlty R¢￿StratIO￿ No: 1154886 Priit1￿1 OffK¢: EIrnivo￿ Cen￿¢ 53 D*lingtoTh Ro TS185EP Trustee51DirEttors: S.J. Ro￿-￿￿1r G. Lce H￿"1￿$ A.J. Campbell MT& P. Beall U.A. Hanir T. Slcthnore C. Clvk Dlrertor: l. BrO￿Th Cornpany Secretsry: l. Brow Mr. J. tAerFCA Baine5 Je%%iii LitniiEd Oarrington House 4145 Yann LaTh¢ s1ock￿￿n-TtcS TS183FA B#iker5: P.0. Box ?JO DdfHous¢ St>uthii'Jy WN8 61 PAge 2 ONSITE BUILDING TRUST {# tomp*4y limited by gM*rnAte¢) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 sTRU￿UR& COVERNANCE AND MANAGEMEKr G•veniog Do￿TheNt Onsile BuildinB Trust is a co￿p￿Y limiied by 811rn1¢< govuncd by a memor￿Um Articks ofAs50ci*ion dllioj 9 ALLBUSI 2013. &$ amenikd by Spccial Re501thion dawi ll Novcrnbcr 2013. 11 15 a ¢hwity regi5t￿t￿ with ts Chpriiy Commission wilh ¢ffeLX from 5 Deccmber ?013. Re¢rMltmeot #ad Appoln¢M¢#t ofTru5tee5 Thc iniiilll rnernbers of the charity wcrc ihr gJbscnlJers ￿ the and Article5 orAS￿l￿70￿ ithirh "Thc chariLy shall have a Biwd ofTnts*e5 comwising * l¢as¢ thrttpa50n& The iniiilll Board of TTPJAr¢5 5hllll ￿￿15￿. {a} a Chllirof ih¢ an irhthpthii memirr of thE comnwnity smt appoin*d b). Ik for thi5 piirp)5i; (bl a Trwur¢rlFinance Commiiitt Chair. alsa beiw& an Indep￿de￿I fftuthrofihE rornmuniiy {c} no mort than three w50n5 T￿nin￿[¢d byc4taj)'￿ SILKL.￿n: Idl n￿re ihree rrfNninoi¢d by St￿￿1￿ BrKwh Clmmcil: Ic} onc rbomince ofElmivood Youth & Community C¢ntr¢: 10 one nominee ofRDbcrt A￿lTr50￿ Youih & Community C¢n Isl on¢ nomiTrE¢ ofGTangefield Youth & Community Ccn Ihl one nomince ofsiillinBiort Youth & CDmmwiil} CentrL The Irua¢¢s may al any time vary. reduce or add w the lim Oforyni￿l0￿S Wuiikd to apwint tNste￿ or Ihc nunjbcr of PU5Dns each is eniiiled 10 nominthic. Thc IruMec5 ma}. further 5pxify a fixed peri￿ for %%hi¢h a nominal¢d tru51ee rnJy 5ervL before bting Tc¥iEwcd and rc-norninaled lor no¢) by thc TThli[mireorgwLi￿lOll. In addiiion ￿ Ihese nominw¢d trust￿% the wu51ees may c(yi thliiionwl rKr50ns io serv¢ ￿ iwa¢es in olllcr lo bring addiiioTral cxrthencc Dr cxpcN5e 10 Ihc nJnnin8 of the ¢harit)'. Suth ITu#ees ma) be co-owed for a fLxed period ofiim¢ or indcfinilcly. 41 thc di5crciion ofthe inL*ees and ma). be remov¢d w r4)Ixed at liwK.- In r¢lation io th¢ CornpanÈc5 Aa 20￿ members&￿￿1$0 di1rd0￿ ofihe limi￿￿ ClMT4b#lly. Dgy to D•y The mungg¢miyll thnd ￿jminIstrJ1lQn ofthc charity 15 the coNrol ofthe i¥lM> mect quarterly. The Ilay to day OPLfaiions ofihe choriiy gr¢d¢legaied io the Managing Dirccior. Key m¢mbers of s¢aff of the ch¥ity fwrn thE 5a)ior mwwBemeni mEd ￿ ICLM iycekly io and Jnonilor th¢ Emplemen￿l0￿ ofthe businLss stslltcgy. includin8 making rEvMnNKrwJaiim5 tothe Bwd ofTrusiccs on grwcgic decisiDTr& Trustee Indurtioh Ind TrnloiAI All lrnsitts compldc a wogrdrnme of ind¥uion inlo thc orgBni5at*)n deliveftd by the Chair and Ihc Mana8in¥ Direaor. This In¢l￿je$ informolion sboui thar roles and res￿)n51b17l1les And the IKBwiwion's ￿liCit$ aod pm¢¢durts. Trustee5 complclc indlvidual s¢if-a4s¢59ncnts annuol appr#isaJs i%h¢re rcquircd. which ideniify any Iraining Thccd& and ihLYe is an annual b¢s￿k¢ dcvelopmcni scssion forall Irusic¢& In4owe tsaioine is a19) JMDvwJcd w thc end ofBDard m¢ding5 as r¢quired. Trustees aci ¥ Board Champion5 ￿ Support the dwi1} i%hewr their particulzr sk'ilb ￿PerIence are rdevw io th¢ improving or Yiwing of5crYice delivery: this has induded knlth 5afrty. finarKc H Ply Policy for Seniorsts The Board of dircciors are Dlso the chsrity's Irusice5 ivith the Dircclor. are the key rnanagemthi persmnel re4K)n5ibl¢ for direeiing operniing the dwiiy on a daY4{￿Y All uu5tts Bi%¢ ih¢ir lim¢ cxperti￿ freL.ly Dnd no Irusice rcwvcd rcmuncraiioTr in th¢ year. Th¢ pay of¢he scnior AlllTis seviewed thj the t￿￿et5 buKknrn*k agalr￿ pay levels in (rflKY volurnary sedororgBnisaiions ora similar size 0￿￿11￿g ￿ the N{￿h Ea4 r¢gKffl. Page 3 ONSITE BUILDING TRUST (• eomp•ny liwiied by guaranlee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 Rlsk Mxnagement The In]Siecs havL cMdu¢ted u ￿VI¢W of the maiw iisks to wthich thc clwity is eX￿5¢{L Exlcrnal risks io funding cun only be rcduecd by allo￿.5￿$ for divew5ificaiion or rundipg arKi x¢iYilics. finM¢wl risks urc minimistd by the irnplcmenwiion or pr￿ed￿re$ for fyuthori58tion ofull tran5adion5 Wld proiccts and ¢0 fo￿5(en1 qualiiy DfdelivEry for all opcraiional &5pe¢ts or th¢ charity. These woccdurcs are peri￿lI￿allY reviewed lo en5w¢ th¢y Aill rned the needs of thc charity. Hcalih and safety for our sth(fllnd customers remains the higkn rKiori(y. An 4nnug1 Rvicw 15 urKicrtak'en. with tloard scrutiny. and the findings ar¢ uM5ideT¢d by the Board Heslth BrMI 5Nfdy i5 8150 considered bj. lh¢ ¢hHrity's senior ¢eam tht team rnwing5. Regular compliancc is checked in rel￿]0￿ to fir4 &%bes10& electric& Ba5 and legh)ndl& io ¢nwrc IhDI all required CLYtifKLiion is in place. Building I￿P¢¢I1(￿S aTe carricd rArt rcyl¥iy by Ccntrc WMJ s¢niw*affalonBsid¢ this process. C•vid-l9 In mid.Mor¢h 20?0, the global Co%id-19 prnJ¢mic TesDIEed ift a UK.iiide locK-doiiiL The immedillle focus at Ih&l lime 10 foll(TrW govcrnmLni advice and ￿te thc d¢ci5ions necc$58ry 10 ihe bI￿rr￿ OLW stsrr and our cu510me￿ and 5LVPOrn ih¢ communily rL￿pOr￿¢ ID the pandemic, by ewrin8 esse￿1￿1 SwVic￿ whith are bastyj In scvcrdl cen1r￿ Could ¢oniinur lo operale e.g. n￿[S¢ll¢S thj NHS scrvices. OBjE￿]YEs AND ACTIVITIFS The d)aMiy'5 object5 llr¢ SPLcifKalty lo the fdbjwi -To furthrr or benefji ih¢ r¢5idenis of Ihe Tcts Valley ￿lthOu¢ di5tsnuim of sex, sexual Wi¢ll1￿li￿n. or ofrATrliiical. religiou5 or other opinion5 by aswciatin8 logaher the ￿ld r¢sid¢nis And Ihc local authwili¢% vDluntary ond other organisaiion5 in a cornmon e(fon io )dva￿E cducaiion and 10 tKovidL faciliti￿ in the ofsDtiaJ ￿¢1(are r(Y rec[￿10￿ ￿41 leisurL' lim¢ ￿¢up￿lOn iviih objeciive ofimproving the wjmiilions ofiife for the rcsthds. In funh¢ran¢¢ of IhEK objcc15 bui otherwis¢. the shDII have pDw¢r ¢0 maintain snd m8naB¢ or w.op¢rntk' with any SllliulDry authorthy in the maini¢nw¢c and manTrgcment of con￿¥￿ity ¢cn¢rrs for auiviii¢5 PrTht￿l in furthern￿ of thc Above ObJ￿15.- ACIIIEI'EfvIENTS AND PERFORMANCE pcriod l April ￿?0 kn 31 March 2021 th¢ ¢hariWs s¢v￿th full yearoforKVI￿. Onsite Buildit)g Tru￿ a projcci iniliaknl by Cats]yA S￿CK10n As part of thc Tr￿￿fO￿lng Lo¢al Inffthciure FundÉn8 Programmc. Thc chariiy became full). 0￿ra110nal as a charit#bl¢ ￿lIdINg In￿ in lis own righi in April 2014. ityhcn it obiairted rour cornmuniiy cenires from &￿￿to￿-0n-Tcts Bomugh CowKil under the Community Assci Trlln5f¢r Schthne. Th¢ Jpproach whiEh ￿¢ have devejorxd and orc implcmeming is to d¢lii'cr a long4￿ SU￿a]nabl¢ ond ¢ornmunily.b&sed soluiion saf¢guwd Ihe fuiure ofth¢se C¢tttres. in Ihc li8hi of incrr4iDBly Ehallrnging funding sdilen*Ms for I￿al governmeni. Our ¥lh05 is *imcd at kccping centres in the commwiity JL% vithl hth proVid￿g ￿ryi￿ prorMin8¢ngaBeM￿( and cohesio￿ whibi enwrir¥ ih¢y become 5ub5iity-fr¢e and sc1r￿u5￿1￿lTr Our visiott is 10 be "o%¢wts of¢¢wwaitydevel•". ?OIOP021 ivas an cxlrdordinary ycar. All ty)rmal day40*' chwithble ¥tivities alKuwl) at*Thlion5 iurncd lo duling with thL ¢ifi¢ts of the giLthI pLndemi¢ and ho￿ thChtiTiiy could In Ik fir51 quLner of th¢ year. the 5ilUUtion chaThg¢d daily 8rMI ¢Jur 1mrned1a￿ woriiy was to protect our stair. user& a55ets and Services. An ¢merg¢rty budBCt wa8 adaO¢d io kBi51ate forJ WON¥cas¢ s¢¢n8TiD llnd all none ess￿11￿[ ¢xp¢ndilure iva5 suspL￿ded. Thc focu5 Ihcn shined wwwds ￿0v￿lIn8 a community re5pon5c io the The Seniw M9nD8CTh￿m Team Lpplitd for. and secured, emLrg¢n¢y funding and 8OVLTnm¢Di knIn￿5 SUPPOrt ombk our tcntrts 10 coftlin￿ 10 prnvide servTrces that 4ddf¢ssed imm¢di* local need. Boih community tbufs¢FiCS reopryd wovide 2414(w¢hi1￿￿rC suppjrt for esseniial kcy ￿(]rke1 The Charily pwtheTed with Grou￿1￿0￿ ￿￿1 Liiilt SprDUt$ 10 ￿p￿)rt a meal di51ribuiion and ¢klivery service from Nonon GraThgr. A communiiy Gwden Prweci was dve1v￿d at E1rn*￿d ￿ eJKwrag¢ ￿)Ple to Btt rnort aui¥e ihrDugh volunlcering p)51. lorkdoivn. Pagc 4 ONSITE BUILDING TRUST {a com￿nY limited by gu4Tan¢ee) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 202012021 could olso have bccn d¢V￿aling had the Go%¢mJncni not athed roll oui a iw51iie5S $14WOrt s¢hEJn¢ and CownAvirus Job Retcnlion Scheme {Furloughk ivhich en5tsred jobs ￿ere lost and the Charity rLYnllined on o Strong fin#ncial rooiith8. The Chafiiy 15 WO￿.1￿ on pkns io invest funds in its centrts io imrvove arwj sumain thm tyft¢r ihe wing ofihe lockdo%%n. R¢51riciions imposed by ihc Tration￿ IDckdowN forced yaff io rrmain * hl￿ g]so creaied more time for staff to Volynl￿I iheirex￿rtISc SUp￿rting othcr voluntsTh arKI community Thc llnd the Allmny Community Cffitr¢'s sUP￿rted io otwy CLYCw)vcrnmeni l¥Js1￿ support grants. Cl¢v¢land Mounthine¢ring Centyt was wyp)rted io secw¢ IouLYy to rcfurbith their c]¥￿hOus¢ which voluniecr5 had b¢¢t) able to MaI￿al￿ LO the lockdown. The Arthur Wharton Found31itiD irb DarlingloTh a re8is*rcd Choriiy womo*s racial hormon>, kmivledgc arKI mutuol unders¢Andirtg bctw'etn different group5 {4uMI they aLs0 otfftie a communily ccnlrc) were ￿p(K)ned io apply for loiiery runding. A5 Ihis report I¥￿$ wriltcn in wly j1￿C 2ff21. ive ILwJk fLYward 10 Juty 19h people inio our faciliiies lo ¢onliThuc enjoying ￿11¥111¢$ that ubabjc thcm io reach iheit full ￿l￿tIal and ojjoy L bdier quality of life. We havL II'CII dcve10￿[ plan$ io further inv¢si in our ttntre4 aml SLYvi¢es dur￿￿ thc ncxi 12 nMh)ths lo have s¢rDng atKi $ll51aind>k comrnuniiy.focus¢d ￿SItI¢$ PIAIYS FOR FUTURE pgRIODS The tu￿¢￿1 pand¢mic presents signifil￿1 chaJlcnge5 fw sll busir*sscs and ¢ommuniliLS. Wilh gov¢mm¢nl wl 5uprxKt. wc are ¢ot)fidcnt thai li'e can ii'e&her th¢ ¢uir¢rtt pcsiod emer8e with a str(w. kwirr, m¢xe viabl¢ business. Tr ro¢us on'inV￿ 10 sav¢. inil1lltsy￿ ￿111 coniirbU4 as well as MluEingctKw CO￿and W¢ will L150 CLM)iinw lo inv￿[ in our slafr. provide them ivith new skill4 to rcduce cxtunwl and ellSUTr ihut ￿ have a ivell-moiivatd. muliirydixiplinJu> ILUM. We havc IKcn 5ucce5sful in altrd¢ting fundin8 to improve the Grangefield Cenire iviih a signifirani inv¢51rnenl of £120.(XM) planned for ncxl )'ear. W¢ are 419) Work-ing iyiih a number of parn1￿5 10 5ttk io omain a rt'iv wtific1￿ f¢x)Iball piich for ih¢ sil< FINANCIAL REVIEW A5 in thc S￿emen1 ofFi]h￿la1 A￿1VIll¢S the chariiy hal inroming for ihe YLW of£7J0296 IprLVi011S yw. L?5,1621. Iry Ihe eveni of a signifi¢ani thivniurn in adivilic& the twuslets consider ihai ¢ath-bxkcd unresirtaed funds bioadly Nuival¢nl 10 three monts'cor¢' annual cxpcndiiure ac[￿ futh ￿0￿Id be 5uJficient 10 ¢nabk ¢h¢m lo re5twciure or ivind up thc ¢haTiIy'5 affairs in an urderly rnHrmcr. This minimym kvcl of Ca51￿Cked ￿reA￿tte￿ funds is currcnily L*imoied ai eirca £II)O,(KKJ which 5urp&&wi by unrestricted c&%h aThl b*)k balunces 31 March 20?0 31 March 2021. Thi5 position 15 rafricd fonvard inio 20211?022 and will be rv+ith%rdas thetknity £OMinu¢5 iod¢v¢lop its liCiiViUe& This rcport ha5 b¢en pretAr¢d ui ac¢onlancc wilh the st*ctil prDVi5]Th￿ of Part IS of COMpth￿ Acl ?IYJ6 relatiro 10 5rnall Companics. Approved by ¢trii IFUStccs d signcd on thcir behaifby: Chairoi Tru51ets INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ONSITE BUILDING TRUST Psge S UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 I r¢port lo the ehwi¢y tyu#¢c5 on my cxamiwion ofthc &¢ounts ofthe Company fw the yur cndcd 31 Mar¢h 2021 which arc set Oui On PHgC5 6 ￿ 16. Rupothsibilitie5 Ind BAsis of Report As Ihe ¢harity iruxees of the comparty land SL150 its diretknn for the of eompiny I￿v) you are responsibbc for the prepjrntion ofihe acc￿lnts in accorda￿t with the r¢quir¢m¢rtts ofthc Comp￿leS Ad 2{￿ I'th¢2￿ Aci,). Flaving 5alisfied mysdf thoi Ihe K¢ounts of th¢ COMr￿Y are wuired to be audiicd undrr Part 16 of the 2(XXS Aci gnd are eligible for ind¢p¢nd¢ni exllrninJion. 5 reporf in respect of my ex￿lE￿i￿n of >i)urcornpaThy's a¢¢oiiiits as carri¢d oui under sedion 145 ofthE ChDFiiiLS ACL ?01 l {'the 2011 Aci'i. In can>'iD8 wt my cwina1iL￿ I have fol]owMI thc DÈrcctions wvcn by the Charily Commwion Under section 145(5Mbl ofihe 2011 Au. IndeptMd¢tyt EumiDer's St•ttme•t Since the ¢ompany'$ gr055 income exceedcd £23Q(￿. )'our exami￿ a mcmbone ofthc lixal bcAIicL I hov¢ fompldLYl my examination. I canfirnj ikn no matiU5 hve ¢fft to noy alleNion in Lyrffiedion wilh ihe exllmiwion 8iving rne &Thse 10 bLli¢vc lh￿ in My mwerial rtspgd". a¢¢(wJNling rkcords bere noi k¢pt In rwcci ofiht r¢quircd by scrtion 386ofthe Ad. or thc uerLwllis do noi a¢¢wd wrth th05¢ recort" or thL' acwunis do not ￿mplY ￿lIh thc acco￿11115 reqtsircmcnts of5eaion 396 orth¢ Aci than requirerneni Ihat thc aceounisBlVC ¥'IFUC and fuir vicw. is a mDt*r ￿nSId￿ed &s part of indo)¢nd¢ni C￿￿Inall0n. or th¢ xcounts hav¢ TK>t bten W￿￿Ted In 8ccorthtt wlth the methoth and prlnclples of the s￿￿emen1 of Recommended Pwiic¥ for Trccouniin8 and reporting by charities ylicable io ¢haritics preparins th¢ir a¢¢DuDts in Kcordllncc iyiih IhL Fir￿￿¢1￿1 Rqthift8 SwMh)rd applith in the UK kyblic pf Ireland (FRS 102). I lthv¢ no concern5 h¥LV¢ ¢omc arr055 no ￿her matie15 iti ¢onricdion with the examin*10￿ ID whith lltlenlion sh(MLld b¢ draI￿n in Ihis in ordcr 10 enllbli J proper undeNandinB ofthc accowts lo IK reached. Mr. J. Lester FCA B*iues Jewill Llmlf Chllrtertd AttOUn￿Nts Bsrringitsn House 414S YthrTh L4ne stocklon¥on-T¢es TS18 3£A D4led.. .a.i. A LLS.& a()al JUAJD P8Ee 6 ONSITE BUILDING TRUST {* Com￿*Y limited by guarnTrlet) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATIIYG INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021 UvJrutric¢ed R￿r￿¢t￿ Fund5 2021 Totsl Fuid5 2021 ?o?o 21121 2020 INCOME Grnnt& dDnaiion5 Icg*i¢5 IncDme from ¢hariwbk Ktivilic5 Other income 41•) 41b) 4(c) 389398 239.927 13.757 34.781 427.015 26.707 IZh70 401.968 246509 13,757 39,480 433.095 ?6,707 TOTAL INCOME 611982 488.5)3 19.252 10.779 662234 499.282 EXPENDITURE Charitsbl¢ Ktiviii 41A056 453.943 ?0.177 4Jl,938 474,120 TOTAL EXPENDITURE 4J6m6 453.943 20.177 431,938 474,120 el Income1(¢xp￿d￿1Urz) 22A926 345(￿} 3J70 19J98) Z3ffjZ96 25,162 TrAusfff5 b¢twe%n funds 17 5.753 15.7531 Net rnDvement in 21W6 40JI3 3J70 230396 25.162 RecoAtiliAlloh orrunds: Total fyDd5 broughi foTrvard 16&17 47&986 43&673 21136 37.?87 499.122 473,960 TOTAL FUNDS CARRIED FORWARD 16&17 703.912 47A986 7251.418 499.12? Sia¢rmcnl orrina￿l0j AalVi￿ inclth all gains lo￿ rtogai*d in lh¢ y¢4r. All incominB resources and r¢wJr(e5 eXr￿nderf duive ronliNtng *iviiie Th¢ no￿ on pa8es9 w 16 fom w of t￿¢ firm￿la1 thtcmcnts Page 7 ONSITE BUILDING TRUST (a eompny liwiied by gu4rnnlte) Company Registrntion JYumbeT 08645262 BALANCE SHEET 31 MARCH 2021 2021 2020 FIXED ASS£TS Tllngiblc a55Cts JOgJ118 317.701 CURRENT ASSETS D¢bior5 Cash at bunk" and in hmd 12 J3J112 413J22 72.776 141.497 214273 CREDITORS: Am(yJnts fallin8due within one year 13 2S424 131.41?) NET CURRENT ASSETS 421A(KI 181861 TOTAL ASSETS LESS CURRENT LIABILITILS n9A18 500,562 CREDITORS: Amunts fullin4 duL' an¢rnwMc th￿ onc year 14 11.440) Nrr A&SETS n9A18 499,122 FUNDS Unrc51ria¢d funds Restrieied funds 7￿912 47&986 21136 TOTALFUNDS 16&17 729418 499,122 Thc chwtiame ¢ompthy is entiilLYI to frnm wmlii undtr Secti(￿￿ 477 of Ik CompBni45 Aa VKAfj for th¢ y¢ar ended 31 Mar¢h 2021. The Membe￿ have noi rcquired ihe ¢harilabl¢ Eomp8ny 10 obtsin an awlii of its r]naKial sL￿eMents for the ycw ended 31 March 2021 ift ￿cordanCe iyith SL'ciion 476 ofthe Comp￿lEs Aa 2(￿. The miste¢s Kk"JMJivkdge their rcwn*Tr¥iliiies for. ensuring ihat the charitable ¢ompany k¢4¥ wopcr xcOun￿8 ivhi¢h comply with Seciion$ 386 Ind 387 of th CoMpanic5 AEI 2(￿. and lill pr¢puring financilll stsiements whidb give a and fair view of ofaffair5 ofihe dmritsble ¢ompany Ls ai the end or th¢ finan¢ial peri(Ml llnd ofits sllrylu5 or dcficii for the fJn8no41 ￿ll￿d in arcordance iyiih Ihe rLyuif¢rnLnls ofseciion5 394 d 395 ivhich othmvise Comply with Ihc requ￿ements Oft￿ Comp￿]eS ACL 21m￿ ￿LIa￿g ¢0 fitwnciol S1￿cMen15. SO rw a5 upplicable io ih¢ charithblc cornpan}'. The finAn¢iAI 5th1cmcnLS hllvc Ixen in ￿l￿darKe w¢th the S￿1&1 provisio￿ ofpgn 15 ofthc CompanÉLT Aa ?IK16 r¢l41iDs io smtdl ¢ryie5 wilh the Fin4nciui Rcponing Sthndwd fw Smaller Enlilics (elf￿1ve April 2(M)81. Approvcd by thc irus￿e5 OD.. .al.A.IkjL￿k..Ioal...s signcd on their bebaifbi.: SJ. R05C Chair ofTwu5tc S. Hosku The rwxes on p4K%9 ￿ 16 fonn portof Ihtsc fuwncl415￿em¢nlS PAge 8 ONSITE BUILDING TRusr (* comp4￿Y limiieil by gtsarnnlee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 c￿ infloiv from opcralins oaiviiie5 20 286212 8.718 C&sh now from invc51ing xiiviiies.. Inier¢M elemertl orrlnll￿C IL￿e payments Purchw ofthngible fixed ￿￿19 IiJkK) (ioJoo) Net ¢￿h ouiflthy fmm inv¢ainB aEliYili¢s (I iJ06} Il2.1431 Cp5h tknv from finanung ac¢iviiies: Cwital Fcp&ymenis- loan C¥yital Fcp&Jmen15- fir•¢¢ l¢0* coninKts 750 12,881) 12.881} cash infloi¥llouiflow) from fman¢ing xlivilics 12J81) 11131) lJtre95dlderreHsel in ¢•$h eq¥ivikwts iw ye*r 27L025 15.556} Cash CAsh equivAleDts #t the beginwi•gof thtyur 141A97 147.053 Totsl t*Jh Aid eAsh ¢qMivileits It l*¢ of yur 413522 14 5,497 Cash •id cash ¢quivalents rnnsi5t of: Cash •1 #nd iw hand 411521 141,497 Th¢ on pagL% 9 ￿ 16 for ofthose fir￿￿1￿ #atcm¢n15 Pagc 9 ONSITE BUILDING TRUST {a company lifflbted by NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 CHARITY INFORMATION Thc (regis￿red number 11548861 15 a wblic beftEfil cnlity in t￿. UK on 9 Augu51 2013 a compADy limiied by guaran¢¢c. In the cveni ofthe ch¥ity being WIM￿d up. Iht liability in r￿PE￿ ofihe guarani¢¢ is limilcd lo £1 PLY mttnbcr Df thc charit).. The address ofthe regi￿ered offLCC is gii¢D Ub ihe charily infom)*ion on pag¢ l of financial srai¢ments. The nalwe of the charily's OFKYa¢ion wincirA] a￿1vil]eS is tD wivance educ*ion And th¢ provision or racililics in Ihe iniereys or5￿la1 Mcifare for recrc￿E0￿ le1511￿ urrie Ix¢iipaiion. BASIS OF PREPARATION OF THE FINANCIAL ￿ATEmENTs Basu ofprwrniion *tyd A55t55Trent ofGol#g Collrerw The ¢hgriiy cOT￿ltU(eS a public cntity ¥ defirKd by FRS IQ The rtnwiaj ￿#¢EM¢￿15 havc prepared in h¢¢ordance wilh Accouniing and ReFK)rfing by Chariiies.. Siai¢m¢Di of R￿0MM￿ded Praaice oppli¢abl¢ lo chariiie5 pfLparinB ihL'ir Rc¢ounts in accordance i%'ith the Fi￿an(la1 R¢portinB Stsndard applicabl¢ in the UK and Republi¢ of Irel￿ i55ucd in OciobLY 019. IhL financiwl Rrw>rliThB Sthndard applicabk in lh¢ Unii¢d Kingthjm Republ* of I￿land IFRS 10?k th¢ Charit￿5 ACL Ihc Companies Aa 4Mi UK G¢n¥Thlly AccqAed AcuwNing pr￿1¢¢. The finan¢ial 5t21M*nls Drc wqmred on a going ¢on¢ern basis the histhrical cosi wnv¢ntion. The financial 5th1em¢nts re pr￿¢￿I' b¢com¢s ¢nliiicd 10 115C such incom< thc irhcomc 15 deferred al￿ noi Incl￿ in incoming resou￿ uniil th¢ pre-condiii0Trs for Use hav¥ meL Don*ttd AssÈts.strvirt5 And f•cilliO¢s Donalcd services and fa¢ililL¢S arc only inclu&d in I￿oming r¢g)wrrcs liyiih cquiN*lLni amoU￿s in rcsDurc¢s ¢¥PEndcd ivhcre llpplicable) whe￿. the benefii ￿ th¢ dwiiy 15 r¢a50nably quanibfjablc. ￿E#SUTabl¢ and malcri&l. The value plllced on ihcs¥' r¢soww 15 Ihc L*imotcd value of tht •SS¢L $￿viC¢s or f￿11111tS rectiwed which i5 th¢ umount thL chariL)' ￿QuId have bcen M'illing io pay ￿ ab￿1￿ the a5SCL Services or f3cilili¢5 of rquivaleni economi¢ ben¢fii on the open m¥k"eL Inv¢51m*ot Inve5tm¢tti incowK ￿ Inclu￿ when rtccivable by the charity. (b) R#•urce5 Expejded Re50urce5 exrthdcd aTr rcwiscd in the y¢r in which Itw are incurred and are thown in¢lusive of uny aiiributhblc VAT. Ivhich cllnn￿ be r¢¢ov¢rtd (tl Unrestrl¢ted ••d Re5tricltd Fuads Unr¥*rici¢d fuThJ5 cornprise itKome rtt¢ivtd 4K gumted by reftrtnce ts) the g¢n¢rnl objects of1￿ tharily Ivlthout further specifi¢d PWPDSC. &Kh futM15 rnay ho￿£Ver be dcsigndLyI by ￿ insees for wific purrXJ￿S from iirnc 10 iimc. R¢wict¢d runts arL' for a pw a5 lawl dowi by the donoror as a I￿11 ofu specific Dprrdl or upplicatiott. Such funds are kcw 5cpM¢ from fLmds ofthc thariiy and only rL'lo*d vxp¢ndiiurc is harged aEainst thaT Page 10 ONSITE BUILDING TRUST {* Ca￿panY li￿lled by gu*rnlllee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIFS (Cvnthwedj Idl Tanglble Assets Amd Deprerintio Tang￿1 k flxed ￿ Lfc 5Wed ot k&$ ¢kryttiation. Dew¢ri*iM is provthl at the folloivin8 onnual raic5 90 asto wrilc off the fOSL Icss ¢s¢imat¢d rtSmIL￿ valu4 Orr￿ed w¢ts ovcrthcir Lxptckd uscful Iivc5". Le￿h0]d PTOPCrty - strwghi line OVLY the of th¢ IA rurnitUT4 plllni cqUiP￿lI - 15°h Tducin8 F01w¢ Compui¢r equ￿￿( S￿￿1gh[ li Cthrnvan . 15% ￿j￿Ing ￿¥*ce mO￿r vehhcles - 25% Tcdwin8 balance {¢) finincml In5trumeots The charity only financi￿ and liabililies of a kiThl quAlify a5 basic financial ￿￿1C fEnanthal in51ruThents arc initially rccognised #I tr￿SarIl0n valuc and subseqwitty rncwred ai ￿1r setilemetti value. Any Eossc5 afislng from impuiThrthi are {rJ TErmiixt•on PAyTrtfftts are Te¢ognisd a liabiliiy and ￿ ￿r￿n5¢ only th¢ ¢lwily 15 demonmrably commiiied fomilll plan for thc 1crmlr￿i0n is I￿11￿X￿ r¢alrs1ic ￿￿1b1111Y of Il'ithdrat%￿ ihc pl*). Ig} Pension Costs other Post41¢tirernent Bener The ch2fiLy 15 Part of a muliill¢mployer defi1￿￿ b¢n¢fii Pcrtsion schcnK the Tci55idc P¢nsion FU￿1. ivhi¢h is adrninisieJ¢d by MiddksbnHJBh Council. As the ch¥iLy'S Contri￿11￿)5 Trr¢ sd in r¢l*ion lo ¢hc curreni servic¢ r￿ri only. a¢)d Are ￿ atTe¢i¢d by Bny wrplus or defLeii 5(hcme TelaiinB 10 s¢rviEc of its uwn Lmployeii IhL' aciual coniribuiions paMI I￿¢ utst¢d as the cost ￿ th¢ ¢lwity' in the xcounLS. (h} Oprratlng Luses R¢nla15 ￿p11(able io ope￿Ing ivkne sUb￿lia11}. dl of the ben¢fiis And risk5 ofo%YtK'rship iyith IhL' lessor. are char8rd aBain51 r¢*¢nw on a straighi line basis over the ￿lod ofthe t¢ts*. 4(al INCOME FROM GRA￿& DONATIONS AND LEGACILS UArestrid¢d F¥ids 21J21 2020 Rutylrtd Funds 2021 ?otio To￿1 Funds 2021 These ¢ompri%". Siockion BorDush Coun¢il.' C¢rbI￿ SUp￿rt Bsants corD￿￿1"1rU5 Job Remion Schemc Local R¥%¢ri£iions Support Gmts Retail and H05pilaliiy Grarjt Anon)'rnou5 Sp)n tnglsu T¢cs Vul]￿ Community Found￿￿￿ Thirtcen FIou5inB Oih¢rthnaiions 20.(K)O 14,781 163J82 100,716 14.781 163582 IOD,7I6 iuooo 7,6711 S￿00 7.670 1.699 34.781 12h70 4.699 401,968 39,4XO The ¢harity bcnefits frnm the involvcwii 5UPWrt of its *olurtl¢cr5. In iyith accounting Aondard. the cconomic coniribulivn of8enml volwu¢ets 15 wi mcLwred in the ao"ounts. Pagell ONSITE BUILDING TRUST {• ¢i)wipaAy limiltd by NOTES TO THE UNAUDITED FINANCIAL ￿ATEmENTs FOR THE YEAR ENDED 31 MARCH 2021 41bl INCOME FROM CHARITABLE A￿1vrriEs U*Mtritled Funds 2021 2020 Restrirted FMAds 2021 20?0 TolAI Vunds 2021 2020 hirE and luting5 239.927 427.015 6.080 433.095 41¢) OTHER INCOM£ URrestrided FIAth 2021 2020 REMri¢ted F•Trds 2021 2020 Tot41 Funds 2021 2020 Gym rncmbershi CJ¢aning sEryiEc5 10.184 4,658 9,099 10.184 16.513 11757 2&707 13.757 ?6,707 ANALYSIS OF £XPENDITURE ON CHARITABLE A￿1VITIEs UNre5trKted Fu4ds 2021 Re5tTkted F•nds 2021 20?0 TDtsI Find¥ 2021 7020 16U13 4￿7fj 167.944 6.885 16U13 4,078 1.739 5.750 24A63 35,733 &oiJ 22 ,762 11689 167.944 6.885 Social sccuriiy costs P¢n5ion coNriknLiions Donalio 5.751) 24.463 35.733 8013 8312 50.614 41079 14.154 13.943 485 16,789 50.614 42.079 14.154 13.943 485 17,074 2?X 5.7?4 7.972 882 775 245 41.977 5.655 3.372 1,68? 1.23? ?10 Ratc5 llnd ivoter Mainienance contr¥ts Licen￿3 Inxra5Ke Priniin& rKJsth8e S￿l0￿cry TelephonL Cl¢anin8 m&iLria15 M2rkffling und Stoff ￿Ve[ Trnining Rwjrs and r¢nwhMIs Carnvun Van hire MoiorexpcvsL¥ Sundries Vcnui hir¢ Legal and prof￿70￿￿1 fecs Finanrc l¢asc chowges Depreeialion Support costs- sc¢ nolc 6 Goveman¢¢ coAs- sce notc 7 285 lJ36 s.r24 6.736 764 775 145 33.413 036 4,472 173 474 173 1,236 io 150 46?19 150 54,744 4,691 7JlS 4ffj91 5,655 JJT2 1.682 1.124 4.498 851 4,498 8SI 108 210 1.006 19,983 53,JYO 3,732 17254 53.171J 1732 17.439 51,450 4.031 In9 3.211 51.450 4.031 41&056 453.913 15082 43J.9JR 474,1?0 PHEe 12 ONSITE BUILDING TRUST (* CDmp•y lim•tsd by gmrnntee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ANALYSIS OF SUPPORT COSTS B*sis of ApportiwJmenQ TDt*l 2021 Totsl ?o?o Sthries and wa8¢S S￿1￿1 security costs Ernplojer's pension ¢onwibuii￿s Stoff fDle Stsff role role 46300 4.9211 46.?00 2.050 53,170 51.450 ANALYSIS OF GOVERNANCE Cosrs Toial 2020 2021 Accounwncy Trny¢¢ m¢¢ting expcnscs Board deVelOrffl￿Thl %55ion 3,732 3.660 21 350 7Jl 4.031 NET OUTCOING RESOURC&S FOR THE YEAR 2021 2020 This is staid ufier Ch￿In￿. tkpreciation lttdqcthi Ixaminer'5 fccs: cxlcrnlll 5cruiiny 19.983 20,650 121XI - undLr provi5ian ￿ weviov5 puiod REP*lUNERATION OF sfAFF.TRusfELS AND KEY MAPIAGEMENT PERSONNEL 2021 2020 Salari¢s wagc5 Social ￿￿vrIly c0515 Employcr's p¢ns11)n c1mtril￿1lons 210ffj1J &998 13,789 ?14.144 10.085 233AIKI 238.140 Thr tothl ernploymeni trrtnefits ofkey pery1r￿1 wer¢ £35*)3 {21)2tr. £35.1631. No employee ¢amed £￿I.(m]0 per4nnum or mort. No w51¢¢5 wue rtimbur5cd any [20￿.. £nill No r¢muneNion wa5 pwid to any truaee oi1O*y PCISL￿ thtsn. Th¢ ciwiiy has th￿¢mn11y insur*Ke on behoyfofthc Th¢ av¢rnge monthly numberofoff •nploy¢d by the chzriiy thr Y￿WaS as foltows.. 2021 Dir¢¢i Ehawitable stair AdminiS￿lIv¢ 15 15 18 18 Page 13 ONSITE BUILDING TRUST (a camp4ny I1￿14£d by gu8r#tttee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 10. TAXATION HM Rev¢rwc & Cwoms Chorilie5 Division have aprKoved the dwithbk Aatus Df On5ilc Building llnd lis is therefore ¢x¢wl from iaK under Scth¥)ms 505 and of the T￿¢S Aa 1988. provid¢d il is applied for ch¥iwbl¢ purpos¢s only. IJ. TANGIBLEFIXED Assrrs Funjitur I*A5ehold Plant & Pr(•p¢rty Equipment Comp¥ttr F4ulprneht Moior Vrhitle C*rAv* TotAI Cost Ai l April 2020 214229 IS008 3.011 &915 899 409.15Z ioJoo Addition5 al C At 31 March 20?1 214229 I61￿9 7*14 30.￿0 419.452 AteumulA¢¢d Deprttiltio At l April ?020 arge for ye 67.414 I IX17 2.729 91851 19.¥J83 L181 314 928 Ai 31 21L?I &129 8134S 14J36 928 N•1 Book V•lue Ai 31 March 2020 ?08,981 J94 633 18.193 J17.701 Al 31 Morch 2021 2￿1￿0 1218 15J64 30&O18 I￿luded are ihe following in res￿ orruol ossets h¢kJ urmkr finance 1￿C coniracts.. Furnitur PIAnl & EquSpmenl CDst Ai l April ?O?O 31 March 2021 26805 Atcumul*lEd DeprtciAtion Ai l April ?O?O Churg¢ fOr)￿r 12ffi22 1067 Ai 3 5 March 2021 14M9 NE¢ Vilue Ai 31 Mwth 2020 13.783 At 31 March 2021 11,716 IL DEBTORS 2021 ?o?o GTrnl incomc recciv3bl¥ hcr deb￿r$ and pr¢pHymEnts 14,781 57.995 33J02 33J02 72.776 Page 14 ONSITE BUILDING TRusr {a eomp*ny limited by g¥arantee) NOTES TO THE UNAUDITED FINANCIAL sfATEMENrs FOR THE YEARENDED 31 MARCH 2021 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YLIR 2021 Trade credii(¥s and aEcrua15 OihLY i&xis Ind SOCI￿ 5ecuriiy H¢re purEha5¢ and financ¢ Icw contsllcts 211J52 3,032 25,647 2,8114 2,881 25N24 31,412 14. CREDITORS: Amouwfs FALLING DUE AFfER MORETHAN ONE YEAR 2021 Mire Pufchw and finanEc Il7￿cOn￿ (iivoio fiv¢yem) 1.440 IS SECUREDDEBTS The fallowiro se¢uTed deb￿ are in¢lud¢d within 2OZi 2020 Flire [￿￿hr#s¢ llrtd finarK< leaEe conb¥ 4,3?1 16. ANALYSIS OF NET ASSETS BETWEEN FiJNDS T4n8ibl¢ Fixed A55tts Nrf Currmt A55ets Term TolAI RestrTcl¢d Unresiriciid funds 15A64 292J54 lo￿42 11 l J58 25506 7U3.912 311&018 42l.•XI 729A18 17. MOVEMENT IN FUNDS Tr4D5f¢r B¢twttn Ai 31J.20 At 31J.21 2021 Exptnditure Uurestricted Funds 47Q986 64L9B2 41Q056 703.912 Re5tricttd Fmnds alock-iun Bomugh CowKil- 18.193 1.943 2.n9 SJl• 173 7.670 IS464 3.215 lJ27 Caravan I¢iiiDgs Thirneen 14oLSing Anonymou5 StxTrn Ens1W￿ COV1￿19 7&70 TolAI RE5triEled FuNds U136 19252 iU82 25506 Tol*1 Funds 499.122 431.93R 729.418 Page IS ONSITE BUILDING TRUST (a compaNy limited by zll#ra•tee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 17. MOVENIENT IN FUNDS TrinsfEr Ai 31.3.19 At 31J.20 20211 Eipendityre Unr¢strl¢i¢d Funds GtnerJl 43Q673 45J.943 5.753 47&986 Rcstricied Fllnds Sthckion DorottBh coll￿11- Don8iLd cwavan Ai¥ards for All Caravan leitlTr8S ri1¥￿th ofsitllin8ion Tees Valley Comrnunity Foundlltion Thirteen Housing Oihirdonlltjon5 21.4(fv1 3.211 8J85 7¥1 18.193 IlJ751 3,444 1479 1.943 11479) 11ffj99) Tol41 Rtstrl¢¢ed Fund5 37287 iQ779 15.7531 22.136 Total Funds 473,Wrf) 499382 474.120 499.ln Restritted Fmnds: Srocl'fO11 Borovzh Coundldon￿¢dc¥￿VuU- the owKrship of) ¢arnvwb i%'a5 wansfcrred from SIDckion Borough Council Ihe chaTit)' on l March 2017. Tr ¢arnvaTh muu only fiw a proiccl as in an iviih &ockion Borough Counal. AwunlslorAlI- fundinB iowards cknwC￿. LeffiNz Ilicon￿ - income fraM thc IclliTr8 of th¢ aYA%*I ivhich muy ￿ used in a¢¢i¥dance wilh th¢ i¢mis of Condiiionlll ASS￿ Tr￿￿(er Agr¢en*rt iyith s￿￿￿.10￿ C￿￿17 for a of10 yror5 frDrn l March 2017 uniil 28 F¢bruary ?￿7. Frfettds ol&lllinwoff - fundin8towan15 upk¢q of&illingwn C¢rtre. r¢¢s Volley fuThlin8 iowards toby }.0￿ 5CS5iDn Trlrf¢¢A Housi4ryK- funding ￿￿7rd5 markain& and prith￿l0￿. Otherdvnatiofts- funding ￿M.￿rdS th¢ oraderi￿lI1wOr. r￿dIng lo￿ardS building improv¢m¢nts * Marsh Hou* Centr¢ Sport England- funding ￿l¥ardS sthtrcoxl 11. RELATED PARTY TRA14SACTIONS M& K. Culverhow th¢ wif¢ ofmr. & Ros4 is the chiefExcc￿lyt of Groundw"0￿ North C&st & Cumlwi4 IGNECI. thc )'cur under revi¢w. r¢ni iizs payable b). GNEC 10 Otisiic Buildin8 Tnw in of£3.014 (_WO.. L?.136.50I. AI th doK reni of £rtil wos duc fmm GNEC (31.320.. £39.20). Other than th¢ abovq iherc wcre no ry￿1bk puty transxiw in the ycar r¢Yiuv or thc prcviuu5ycar. 19. CONTROLLING PARTY ThriwJghoLrt the wiod und¢r rcvicw thc tlwity uThJcrthe CODErol orth¢ Bo¥d of TrnMec& P4gt 16 ONSITE BUILDING TRUST (* limit¢d by guarantee) NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 RECONCILIATION OF f4ET MOVEMENTS IN FUND5 TO CASH FLOW FRONI OPERATING AcfiviTIES 2021 NLX mov¢m¢nt in fund5 Add: Depre¢iatiM ¢harge InierL%t el¢m¢ni offinance kase psJin¢nts Le55: Dccrt&stllin¢￿aS¢1 in deirtors In¢rw5d(d¢¢rr￿) in crediiors 230396 19.983 25.162 20.650 1.006 140.6181 1518 J9.474 {4.5471 Cmsh InllDW Ir•m Operntlig Artivities 286J12 8.718 21. PLNSION SCHEME Thc rharii). is p¥t of a mulii*mploycr defificd b¢nefii s¢l*m¢. Tr T¢e55ide Pcrtsion F￿n(L ivbirh is ￿lMinIs1(￿L￿l by Middlr5brou8h Council. Thc pension costs charged in th¢ firw¢ial swemcn15 rcprtseni IhE Contrib￿l0￿S payable by IhL hdriiy in the and amounied ￿ £13.7891202tr. £13.91 Ik of which W40 wa5 ouwandinm a¢ ihr )w End 12020.. £2.287 oulsthJKYingl. 22. FINANCIAL INSTRUMENTS Thc Cany1￿ amaun15 ofthe chwit)'5 filw￿￿] IDstyU￿ u¢ ￿ follo•s: Finfinti•l A$5¢ts 2021 20?0 1k.bi inArurnLYLts NKa5urcd at anM)rtiscd Coa: Groni in¢om¢ rw¢ivabk Othir debio 14.7111 53J04 Z9J05 F+nAntl•l Uabilitie5 Me4sllrL'd ￿ ￿￿￿￿lSCd COM.. Actnmls wd def¢rrcd ineomc (Mh.r ￿¥¢$ and soci￿ security lIt￿ pur¢has¢ and finuncc le￿ Colltrads 20.952 3J132 1840 25.647 4,3?1 The incimw. CXP￿st￿ nei Blli￿ Jnd ]05ses ￿trIbu￿bIe ¢0 the￿￿lty'S firwKia] folloiv5'. 21121 2020 financc Ica5¢Lxpenstr. Financiul liabiliii¢s mcayJTd 8t amortis¢d 1.006 Th¥ lolal inl¢rest txt*Trse for rtMnciaE liabililirs fair value W&4£1.1￿(20￿? . £1.￿6