## **CELESTIAL CHURCH OF CHRIST CITADEL OF CELESTIANS SALFORD PARISH**
**YEAR ENDED: 31 DECEMBER 2022**
**CHARITY NO. 1157409**
## **Contents**
|Legal and Adminstrative Information|**1**|
|---|---|
|Report of the Trustees|**2-5**|
|Independent Examiner's Report|**6**|
|Statement of Financial Activities|**7**|
|Balance Sheet|**8**|
|Notes forming part of the financial statements|**9-12**|
|**The following page does not form part of the Statutory Accounts**||
|Income and Expenditure Account|**13**|
## **Celestial Church of Christ, Citadel of Celestians Parish**
## **Reference and Administrative information**
|**Charity Name:**|Celestial Church of Christ,|Citadel of Celestians Parish|
|---|---|---|
|**Charity Registered Number:**|1157409||
|**Principal Address**|70 Memorial Road||
||Walken||
||Salford||
||M28 3AG||
|**Trustees**|Ev Michael Ekundayo|(Chairman)|
||Ms Olufunke Joseph||
||Ms Elizabeth Ekunyemi||
|**Accountants:**|PVG Accounting Services|& Consultancy Ltd|
||344 Moston Lane||
||Manchester||
||M40 9JS||
|**Bankers**|Royal Bank of Scotland||
**Page 1**
## **Celestial Church of Christ, Citadel of Celestians Parish Report of the Trustees for the year ended 31 December 2022**
The trustees present their report and the financial statements for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' effective 1 January 2015.
## **Structure, Governance and Management**
## **Governing Document**
The organisation was registered as a Charitable Incorporated Organisation (CIO) on the 14th June 2014.
## **Recruitment and appointment of new trustees**
Generally trustees are appointed by Board of Trustees. Trustees are appointed by invitation as at when required and depending on their expertise and requirements of the charity. There are no new trustees appointed during the period.
## **Induction and training of new trustees**
The charity arranges appropriate training both internally and through other voluntary training providers. The trustees and all involved in running the charity, including volunteers are always encouraged to acquire the necessary skills required for the achievement of the charity objectives.
Additionally, new trustees are invited and encouraged to attend series of short training sessions to familiarise themselves with the charity and the context within which it operates.
## **Organisational structure**
The trustees who served during the period and up to the date of the report are set out above. The day to day responsibility for the running of the charity lies with the Parish Shepherd. The Shepherd is accountable to the Board of Trustees who are ultimately responsible for all strategic decisions of the charity.
The trustees meet regularly and are responsible for the strategic direction and policy of the charity. All trustees and the senior pastor give their time voluntarily. No full time employee is engaged in the administration of the charity. The charity is assisted by members who render voluntary services to the charity.
## **Risk Management**
The trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity, and are satisfied that the systems are in place to mitigate exposure to the major risks.
## **Objectives and Principal Activities**
The charity's objectives and principal activity is to promote the advancement of the christian faith, the relief of poverty and promotion and fulfilment of various charitable causes within the local community and such other parts of the United Kingdom and the world as the trustees think fit.
**Page 2**
## **Celestial Church of Christ, Citadel of Celestians Parish Report of the Trustees for the year ended 31 December 2022**
## **Mission statement**
- a) Close the void between the call & fulfilmentof celestial church of Christ's mission on earth
- b) Raising christlike amies to take celestial church of Christ & christianity mandate to the next level
- c) Practice & implement complete & pure worship for all human existence
- d) Empowerment of christians to positively influence every aspect of the world around them
- e) Continuously seek, promote, reach out & extend the teaching/knowledge of the word of God (Holy Bible) to people of all ages
- e) Winning souls for Christ
## **Ensuring Our Work Delivers Our Aims**
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim , objectives and activities remained focused on our stated purposes. We have referred to the guidiance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
## **The Focus of Our Work**
Our main objectives for the year continued to be the advancement of the Christian faith and the relief of poverty and sickness. The policy of the Celestial Church of Christ, Citadel of Celestians Parish, Salford is to pursue objectives in the following ways:
1. Provision of weekly church services on Wednesdays, Fridays and Sunday to minister to the physical, spiritual and material needs of the congregants.
2. Successful achieving main objective of the charity in consideration to available materials and personnel;
3. Successful hosting of food drive to our immediate and extended environment
4. Support other charities like children of war etc;
4. Developing and training youths in music and playing of musical instruments
5. Teaching and lecturing the word of God to people of all races and ages
6. Established Food Bank provisions for members, neighbours and immediate environment.
7. Provision of services to individuals, families and community at large. The service includes a wide range of spiritual and social care.
8. Working with other christian agencies and churches in Manchester to advance the preaching of the gospel.
**Page 3**
## **Celestial Church of Christ, Citadel of Celestians Parish Report of the Trustees for the year ended 31 December 2022**
## **Development and Achievements in the Period**
The charity's events were properly managed, executed and reviewed for its impact on members. Our charity continues to grow in Sunday morning attendance, youth and children's ministry. We minister to the physical, mental and spiritual needs of our members and new comers in our midst. We have helped relief poverty and hardship amongst both and irregular congregants who are suffering from financial hardship due to unemployment and lack of financial resources.
## **Financial Review**
Our charity was able to raise a total income of £66,445 during the year under review.
## **Principal Funding Sources**
The principal funding sources for the charity are currently by way of Donations and Gifts from congregants through the offering basket passed during Church services and through bank standing orders etc.
## **Investment Policy**
The objective of the investment policy is to invest in cash at banks where the capital is protected. The charity currently has a policy of keeping any surplus liquid funds in cash at banks where immediate access and security of funds is guaranteed.
## **Reserves Policy**
It is the policy of the charity to maintain unrestricted funds which are the free reserves of the charity at a level which equates to at least 3 months of unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs and to respond to emergencies which may arise from time to time.
The expenditure for 2022 was £55,284 and therefore the targeted reserves should be between £13,821 and £27,642 in general funds. The reserves are needed to meet the working capital requirements of the charity and the trustees are confident that at this level they would be able to continue the current activities of the Charity in the event of a significant drop in funding. The charity was not able to meet the targeted reserves during the year under review.
## **Plans for Future Periods**
In the near future, the charity plans to expand its operations and will continue our drive towards providing more benefits to our community The Charity plans continuing the activities outlined above in forthcoming years subject to satisfactory funding arrangements.
As at the time of this report, the charity has acquired its own place of worship and necessary arrangements are being made to engage the local community through the introduction of charitable programmes which will be directed towards provision of services which will engage them through preaching of the gospel.
**Page 4**
## **Celestial Church of Christ, Citadel of Celestians Parish Report of the Trustees for the year ended 31 December 2022**
## **Trustees ' Responsibilities**
Charity Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable trust as at the balance sheet date and of its incoming resources and applications of resources, including income and expenditure, for the financial year. In preparing those financial statements the Trustees should follow best practice and
Select suitable accounting policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent
Prepare the financial statements on going concern basis unless it is inappropriate to presume that the charity will continue in operation
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statement comply with the Charities Act 2011. They are also responsible for the safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Statement of Disclosure of Information to the Accountants**
In accordance with charity law, as trustees, we certify that:
So far as we are aware, there is no relevant information of which the company's accountants are unaware; and as the trustees of the charity we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the Charity's accountants are aware of that information'.
This report has been prepared
By order of trustees:
Evangelist Michael Ekundayo Chairman
12th October 2023
**Page 5**
## **Independent Examiner's Report to the Trustees of the Celestian Church of Christ, Citadel of CelestiansParish for the year ended 31 December 2022**
As described on pages 2 to 5, the Trustees are responsible for the preparation of the accounts, and they consider that an audit is not required for this year (under section 144(1) of the Charities Act 2011 (The 2011 Act) and that an independent examination is needed. It is my responsibilty to:
examine the accounts (under section 145(1) of the Charity Act 2011;
follow the procedures laid down in the general Directions given by the Charity Commissioners under section 132 of the Charity Act 2011; and
state whether particular matters have come to my attention
## **Basis of Independent examiners statement**
Our examination was carried out in accordance with general Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below:
## **Independent examiners statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives us reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act 2011; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities, have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
PVG Accounting Services & Consultancy Ltd 344 Moston Lane Manchester M40 9JS
**Page 6**
## **Celestial Church of Christ, Citadel of Celestians Parish Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 December 2022**
|**Notes**
**Incoming resources**
**Incoming resources from generated funds:**
_Voluntary Income:_
Donations and Offerings
**1**
Gift Aid Tax Reclaim
Building Fund
Sundry Income
_Activities for generating funds:_
Investment Income
_Incoming resources from charitable activities:_
Grants & Contracts
**Total incoming resources**
**Resources expended**
**_Cost of generating funds_**
Costs of generating voluntary income
**2**
Fundraising trading: cost of goods sold
**Charity activities**
**3**
**Governance Costs**
**4**
**Total resources expended**
**Net Incoming resources before other**
**recognised gains**
**Net movement in funds**
**Reconciliation of Funds**
Total funds brought forward
**Total funds carried forward**|**2022**
**2022**
**2022**
2021
Unrestricted
Restricted
**Total**
Total
Funds
Funds
**Funds**
Funds
**£**
**£**
**£**
£
56,286
-
56,286
61,763
9,601
9,601
-
-
-
-
-
-
-
558
-
-
**-**
-
-
-
**-**
-|
|---|---|
||66,445
-
**65,887**
61,763|
||44,828
-
44,828
42,203
-
-
-
10,056
-
10,056
9,591
400
-
400
400|
||55,284
-
**55,284**
52,194|
||11,161
-
11,161
9569|
|||
||11,161
-
11,161
9569
107,029
107,029
97,460|
||**118,190**
-
**118,190**
107,029|
The statement of financial activities includes all gains and losses in the year. All incoming resourcesand resources expended derive from continuing activities.
The notes on Pages 9 to 12 form part of these Accounts.
**Page 7**
## **Celestial Church of Christ, Citadel of Celestians Parish Balance Sheet as at 31 December 2022**
|**Notes**
**Fixed assets**
Tangible assets
**8**
**Currents assets**
Cash at bank and in hand
Debtors
**9**
Creditors: amounts falling due
**10**
within one year
**Total Assets less Current Liability**
**Net Assets**
Creditors: amounts falling due
**10**
after one year
**Unrestricted funds**
General funds
**12**
**Total funds**|**2022**
**£**
138,455
8,135
-
(400)
146,190
**146,190**
(28,000)
118,190
**118,190**|_2021_
**£**
148,683
10,746
-
(400)|
|---|---|---|
|||159,129|
|||159,129|
|||(52,000)|
|||107,029|
|||107,029|
Approved by the Board of Trustees on the 12th October, 2023 and signed on its behalf by:
Evangelist Michael Ekundayo Chairman
The notes on pages 9 to 12 form part of these financial statements.
**Page 8**
## **Celestial Church of Christ, Citadel of Celestians Parish Notes forming part of the financial statements for the year ended 31 December 2022**
## **1. Accounting Policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## **(a) Basis of Accounting**
The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed assets investments at market value, and in accordance with the Companies Act 2006 and the Statement of recommended Practice: Accounting and Reporting by Charities effective January 2015.
## **(b) Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furthermore of the general objectives of the charity. Unrestricted funds include a revaluation reserve representing the restatement of investment assets at market values.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **(c ) Incoming Resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income andthe amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receiveable. Grants, where entitlement is not conditional on the delivery of a specific performance by thecharity , are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.
Invested income is included when receivable.
Incoming resources from charitable trading activity are accounted for when earned.
Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
## **(d) Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
**Page 9**
## **Celestial Church of Christ, Citadel of Celestians Parish Notes forming part of the financial statements for the year ended 31 December 2022**
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.
All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. floor areas, per capita or estmated usage as set out in Note 4.
## **1. Donations**
|**1. Donations**||
|---|---|
|Donations -Tithes and Offering
Gift Aid Tax Reclaim
Building Fund
Grant
Sundry Income|**Unrestricted**
**Restricted**
**2022**
2021
**Total**
Total
**£**
**£**
**£**
£
56,286
-
56,286
61,763
9,601
-
9,601
-
-
-
-
-
-
-
558
-
558
-|
||**66,445**
-
**66,445**
61,763|
## **Total Resources Expended**
## **2. Costs of Generating Voluntary Income**
|**_Basis of Allocation_**
Staff Costs
Direct
Bank Charges
Direct
Administration
Direct
Professional Fees
Direct
Support Costs
Direct
Premises
Direct
**3. Charitable Activities**
Ministry
Direct
**4. Governance Cost**
Professional Fees
Direct
**Total Resources**
**Expended**|**_Church WoSupport Cost Governance_**
**2,022**
2,021
**£**
**£**
**£**
**£**
£
-
**-**
**-**
-
-
**-**
-
**-**
-
-
**-**
5,737
**-**
5,737
3,444
**-**
-
**-**
-
250
**-**
33,825
**-**
33,825
31,919
**-**
5,266
**-**
5,266
6,590|
|---|---|
||**-**
**44,828**
**-**
**44,828**
42,203|
||10,056
-
-
10,056
9,591|
||**10,056**
-
-
**10,056**
9,591|
||-
-
400
400
400|
||**-**
-
**400**
**400**
400|
|||
||**10,056**
**44,828**
**400**
**55,284**
52,194|
**Page 10**
## **Celestial Church of Christ, Citadel of Celestians Parish Notes forming part of the financial statements for the year ended 31 December 2022**
## **5. Net Incoming Resources for the Year**
|This is stated after charging:
Accountant's Remuneration|**2022**
**£**
400
**400**|2021
£
400|
|---|---|---|
|||400|
## **6. Trustee Remuneration & Related Pay Transactions**
No member of the Board of Trustee member received any remuneration during the period
## **7. Taxation**
As a charity, Celestial Church of Christ, Citadel of Celestians Parish, Salford is exempt from tax on income and gains falling within section 505 of the Taxes Act1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have risen in the Charity.
## **8. Tangible Fixed Assets**
Fixed assets (excluding investments and Land and Building) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £500 are not capitalised. Depreciation is provided at rates calculated to write of the cost of each asset over its expected useful life, which in all cases is estimated at 4 to 5 years. The leasehold property is depreciated over 50 years at the rate of 2%. The cost brought into the books are estimated by the charity at cost/fair value or net realisable value as at the financial year end as addition during the year.
Depreciation of Building is calculated to write off its cost over 50 years on a straight line basis.
|**Cost**
At 1 Jan 2022
Additions in year
At 31 Dec 2022
**Depreciation**
At 1 Jan 2022
Charge for the year
At 1 Dec 2022
**Net Book Value**
**At 1 December 2022**
Net Book Value
At 1 December 2021|**Motor**
**Media &Musical**
**Vehicle**
**Equipment**
**£**
**£**
2,800
23,231
2,800
23,231
1,400
5,808
1,400
5,808
2,800
11,616
**0**
**11,615**
1400
17423|**Leasehold**
**Property**
**£**
132,880
-
132,880
3,020
3,020
6,040
**126,840**
129,860|**2022**
**Total**
**£**
158,911
0|
|---|---|---|---|
||||158,911|
||||10,228
10,228|
||||20,456|
||||**138,455**|
||||148,683|
**Page 11**
## **Celestial Church of Christ, Citadel of Celestians Parish Notes forming part of the financial statements for the year ended 31 December 2022**
## **10. Creditors: Amounts falling due within one year**
|**10. Creditors: Amounts falling due within one year**|||
|---|---|---|
|Accruals
**11. Creditors: Amounts falling due after one year**
Mortgage Creditor
**12. Analysis of Net Assets Between Funds**|**2022**
2021
**£**
£
400
400
**400**
400
**2022**
2021
**£**
£
28,000
52,000
**28,000**
52,000
**General Designated Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**|2021
£
400|
|||400|
|||2021
£
52,000|
|||52,000|
|Tangible Fixed Assets
Investments
Current Assets
Total Liabilities
**Net Assets at 31 December 2022**|138,455
-
138,455
-
-
-
-
8,135
-
-
8,135
(28,400)
-
-
(28,400)||
||**118,190**
-
-
**118,190**||
## **13. Movements in Funds**
|**Restricted Funds:**
Total Restricted Funds
**Unrestricted Funds:**
General Funds
Total Unrestricted Funds
**Total Funds**|**At 1 Jan**
**Incoming**
**Outgoing Transfers 31 December**
**2022**
**Resources**
**Resources**
**2022**
**[Inc Gains]**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-|
|---|---|
||-
-
-
-
-|
||107,029
66,445
55,284
-
118,190|
||107,029
66,445
55,284
-
118,190|
|||
||**107,029**
**66,445**
**55,284**
**-**
**118,190**|
**Page 12**
## **Celestial Church of Christ, Citadel of Celestians Parish Income and Expenditure Account for the Year Ended 31 December 2022**
|**2022**
2021
**£**
**£**
**£**
£
£
£
Income
**66,445**
61,763
**LESS OVERHEADS**
**Staff Costs**
Pastor's Allowance
-
-
**-**
-
**Premises Costs**
Rent & Rates
5,266
6,590
**5,266**
6,590
**Bank Charges**
Bank Charges
-
-
**-**
**-**
**Administration**
Printing, Postage and Stationery
95
200
Training
3,583
1,664
Telephone & Internet
1,759
580
Registration and Subscription Fees
300
1,000
**5,737**
3,444
**Ministry**
Evangelism & Publicity
1417
2242
Events, Retreats & Conferences
1,972
3,111
Gift to Charities & Visiting Ministries
1,180
250
Donations, Welfare & Love Gifts
3,737
3,286
Music Expenses
1,750
702
**10,056**
9,591
**Professional Fees**
Audit & Accountancy Fees
400
400
Professional Fees
-
250
**400**
650
**Support Costs**
Hotel, Travel & Motor Expenses
14,637
10,386
Repair & Maintenance
6,509
9,956
Insurance
2,049
1,348
Depreciation
10,228
10,229
Sundry Expenses
402
-
**33,825**
.
31,919
**(55,284)**
(52,194)
**Surplus/(Deficit for the year)**
**11,161**
9,569
**Surplus brought forward**
**107,029**
97,460
**Surplus carried forward**
**118,190**
107,029|**2022**
2021
**£**
**£**
**£**
£
£
£
Income
**66,445**
61,763
**LESS OVERHEADS**
**Staff Costs**
Pastor's Allowance
-
-
**-**
-
**Premises Costs**
Rent & Rates
5,266
6,590
**5,266**
6,590
**Bank Charges**
Bank Charges
-
-
**-**
**-**
**Administration**
Printing, Postage and Stationery
95
200
Training
3,583
1,664
Telephone & Internet
1,759
580
Registration and Subscription Fees
300
1,000
**5,737**
3,444
**Ministry**
Evangelism & Publicity
1417
2242
Events, Retreats & Conferences
1,972
3,111
Gift to Charities & Visiting Ministries
1,180
250
Donations, Welfare & Love Gifts
3,737
3,286
Music Expenses
1,750
702
**10,056**
9,591
**Professional Fees**
Audit & Accountancy Fees
400
400
Professional Fees
-
250
**400**
650
**Support Costs**
Hotel, Travel & Motor Expenses
14,637
10,386
Repair & Maintenance
6,509
9,956
Insurance
2,049
1,348
Depreciation
10,228
10,229
Sundry Expenses
402
-
**33,825**
.
31,919
**(55,284)**
(52,194)
**Surplus/(Deficit for the year)**
**11,161**
9,569
**Surplus brought forward**
**107,029**
97,460
**Surplus carried forward**
**118,190**
107,029|**2022**
2021
**£**
**£**
**£**
£
£
£
Income
**66,445**
61,763
**LESS OVERHEADS**
**Staff Costs**
Pastor's Allowance
-
-
**-**
-
**Premises Costs**
Rent & Rates
5,266
6,590
**5,266**
6,590
**Bank Charges**
Bank Charges
-
-
**-**
**-**
**Administration**
Printing, Postage and Stationery
95
200
Training
3,583
1,664
Telephone & Internet
1,759
580
Registration and Subscription Fees
300
1,000
**5,737**
3,444
**Ministry**
Evangelism & Publicity
1417
2242
Events, Retreats & Conferences
1,972
3,111
Gift to Charities & Visiting Ministries
1,180
250
Donations, Welfare & Love Gifts
3,737
3,286
Music Expenses
1,750
702
**10,056**
9,591
**Professional Fees**
Audit & Accountancy Fees
400
400
Professional Fees
-
250
**400**
650
**Support Costs**
Hotel, Travel & Motor Expenses
14,637
10,386
Repair & Maintenance
6,509
9,956
Insurance
2,049
1,348
Depreciation
10,228
10,229
Sundry Expenses
402
-
**33,825**
.
31,919
**(55,284)**
(52,194)
**Surplus/(Deficit for the year)**
**11,161**
9,569
**Surplus brought forward**
**107,029**
97,460
**Surplus carried forward**
**118,190**
107,029|
|---|---|---|
||||
|||9,569
97,460|
|||107,029|
This page does not form part of the statutory accounts.
**Page 13**