OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

REPORT$ AIKJ UN￿￿￿ED F￿￿¢￿STATEMENts FC• THE YEAR ÉMI%D 31 IAPJtCH 21tI A27 181121202fj COMPANIES HOUSE 246

ABVrtAWARCthtsBQPY (Accffipanylimtyl 1•

¢ABIIIAWARflNG 8CQY AEPCe7OF THE wecTryISrnIVSTEE$FIX YEAR ÉI)ED 31 IAAA¢N2•21 31 1021. Ch&ityNam•. 1157 N￿b￿. IJ26U349 sc 9BW eCY4 SAW Ro￿d Fordqr hèel ￿kr oon SkNi GA￿￿$￿1 JnS • NthmbEv2021 L•¢Howo¢kS •Kvoknt4d 12J•ffw2Wdl Pad BTrYne PD •Jsop. BHP LLP. cD¥lAcc￿ts￿$. 2 P•K ShSJ.S1112PD 81 Strert c4slkn￿.￿1Q law

CAB￿ AWARDING 80DY REPORT OFTHe TRUSTEES FOR ThEYEAR ENDED 31 IAARCH 2021 STRu¢ni￿ GOVERIIANCE AIID MAIIAGEMENT The Trustees. are olso director5 of It ehorty fotth2 pwposes of ts Curyws kt. ItY AmJal Rewt the ￿n8￿￿e￿ financlal statements for Ihe ye¥ ended 31 Marth 2021. Thi% rer￿ has been weped in acco￿8￿ siemEr of Recommended Practice. Accothting and Rep￿ting ty Chanbes pre￿ry thew accowts in aCC￿da￿E F￿￿￿411 Rewjrtsfig Standard aPp1kab￿ in the UK and Repui4lc ofI￿land IFRS 1Q21 IIssLd in (hJthr 20181 Othj in accwd•fKe ¥4im CLynp￿￿$ A¢1￿. Gov•mlng Oo¢um•nt CABIM Awardwo Body ICABWI ila wi5tered charty (thefdryn03Jtht2O141.c￿tI￿d os a¢￿P￿Y1￿nrtQo ty9uarankeaTrJistheTefttre go¥emed by IsArticles olAssodatS)n. The ccrywywa5 12￿￿j￿1 1991 w￿1￿￿t￿t01￿¢fynp￿¥ ￿. memb￿$ are wired to conlrknute an arfy)urrt not exceediry £1. Reevuikn•nt arml Appolntm•ni UrKJerthe olAssoCaa￿0n. cwrent Tft0ieesd￿than￿arelhet¥j￿d ofthctors 8Th1 nvniwsof CA8WAw8rdir¥J 8ody. Nftru$ie¢s. lor8 aThJ metrdyws We appoirtsd IrK a fjxed lern (• I￿¢ ￿$. r 741h tlw may ￿ fe4Fwnled ark)ther terffl ¢f It￿e yew. There is no maxiNm oflhree-year period5 a rffter sew. The ArtKfes ofAs$o¢iation also pemiit the Tntslees to twJ th) rnt¥ote ￿tth￿edI￿r￿t aTrJ owigaticns. There ? no tyjrrenl As$ociaie Merthrs oflhe corrwry. Tru8t80 Inductlon8 and Tthnln9 CA8WI h888 Board. the membetsofOth wetheCwp¥ty DkneiknsaTrJCh•niyTnL4tees. meelal bkn4TrWirterva&ondarerespon5itrA2 for Ihe slralegc dieciion and polcy Of￿ charty. Tr ￿￿￿tr5 are a vaffty olwoksscrfwl bk9rourKls tsNJiNJ dN¢rs¢ skMIs lo the wortt of the eharty. lo exlemal 8dvKe. ￿OUrCeS aTrl Irairnrq from a rarmje of 50wce5 WKJ are en• to vrthrfake IArvJ and The Board has mwntalned an owiry rv4ieworis orwatiw and roles ofnvntw Ilwh dwry year. Orgahlsotlonal StnKtur• The delegloD ofd8y.lfrday reSpon&￿￿ty f¢rtt of ser¥tts * 4h Clef EKerxth Olfrw, v#¥J en5¢yes thalthe charity dave Ihe seTrices speofied aThY Ihat iaryel$ are rw ror al stakeWer5. Rlsk Il•na9em•nt The Iru8lees ￿tive￿ revwlhe majrx ￿kS a rewor bays a￿1 prAry ¢rridered 8wopri8ie 10 foreseeable contkngeni need. Yhe Boaid re¢tyYes arKI ur6ider$ regular ieporfs on matter5 Corw￿ with finarKi¥ perfcrfmKe and opÈraiwwJ ii5k. The Iru5tee$ have also examined other oFratsonal and bLEire5s fxed by the chanty. rnatt￿ relaliry lo ￿tea#h and Safety. Risk& are iaenlified aNI managed through the rewiqrm1￿Ora r rEgB¢er. i(l¥¥Jf¢J r5 rtl•tsJ rr￿U￿. Mthere applicable. OBJECTIVES AND ACTMTIES Charity 15 con51iluted 10 trnir¥J. krwyWa5td afvj eoFrwe￿&b8tsed tr￿￿r￿j arvj asses8ff￿N. for irliwduoL% wryknng In the walei arK1 wKlei thdit￿5 W￿StrEs. arKI related area5. CAW awafd5 qualrf¢cati(W)5. coverin9 VOUtional skilL% and kr￿Sle[19t. and approves Th)rMtus asses$rrert certre$ io detNer rnavrta￿ its qualrftsaith5. CABW aim5. through its qualific8lion$ aTh

ccredrtalirfft SCI￿5. to prowde OpP￿1rd￿l0rclXthr￿￿ to al ¥AtwafvJ *lder irwjuslrfes.

ACHIEVEMENT AND CeLNEftY Duing IheyearCABW lo 0￿r￿ its surt¢ ofcOr￿￿￿￿ed ￿ ￿￿￿0￿based q￿1￿cal￿. accredited byofqval in England. Qualficalion5 ￿￿e$ In Wales CCEA in Irela￿. aThY to Ihe SbEet v¥trfk5 qualrfKabw5 in Exca¥￿10n arTrJ Rein$taiemeni kn the Highway and the Streel wo￿5 Rea5se5smenl Sthme. under the fto•Js and st￿e1 Wth5 Acl 1991. Dumg 20￿2021. CABMn has dellvered a furthw phase uf its uJsl¢vn¢r en9agerrnt kyojed 4Th1 fws IhÈ resjls ard fe￿a¢k rEci¥ed to £¢)ntin￿ lo rÈvw ils WO(kncts. servi¢e$. Sy5left￿ and processes. erovring Ihal Ihey meet ts. 5tskeholJers' needs arNI ￿fied tyrrenl indu5ty pra￿￿¢. and lo enabl? the effeclivÈ luluTe delivery ol its qualificati￿ and related pro(4Jcts throu￿ r¢cogThsed assessrrenl centres. Tr main f¢xu5 Of￿ c￿l01T￿r er¥Jagerrert project has been Ihiwjh an anwal cenlre fwum and a tiCe-yeaty meeur4J of Ihe De¥dopmern 8TrJ Parel. but dLE lo Covid.19 il has not been possible to these events this year. The man ￿$101rr eryageThnl has been t￿aL¥h wisi15 meelirys lo the licensed cenlre5 by the C￿1 Exe¢ulive Officer. CABWI have also erwJaged ￿ the ofAS Q￿￿cal￿￿S and 10 a55essvM Cent￿$. Actr￿￿¢$ Ihal took thÈ > i￿uded.. Ide￿￿¢3t￿n ol a s4)pk"er to dÈ¥ekip an ex•rtinati￿ for StsEet Wths ex￿. A $tOf¢al￿ was lo a number of potential supph'ets aThY ljelryt h1enty.ry Munk to t￿￿0P • andr￿a app thai ¢vTr low¢osi iablel$. wlh Ihe ablty lo lake exaw6 olf-line.

CA8WI AWARDING BODY REPORT OFThETRUSTEES FOR THEYEAR eNoe0 31 MARCH 2021 ACHIEVEMENT AND DEUVERY l¢ortlD¥gdJ Confim)ai￿n of G4BIM'5 e4Nrfr4nce %¥ith ￿ G•￿e￿ CorAlity)$ rlR¢cogndY)n set otst ￿ Ofqu4. QUalif￿￿n$ W5 and CCEA in line with the regulators. requiremerds aTrrrf￿ slalennls ofcrApb"artr from each rwntsed wardwJ ryganisitin. Continuod promotK)n ofCABW'$Third Paty ETrJorsenrt $cknen. yovbJ•sendof5•mentof$pt¢thctrnining prowded by third pa organisaiions. C￿B￿l saw an iruease In the numter of3ppl￿8￿￿ lortrtis service. The Ole￿OrSe￿ coutses rwmfsiands * over 100. . Acontinua11mpro¥errN tothe aFvoac lo Ex¢emal rw A5swanct FQA) thal erwÈs $¥npkng ￿d￿CeS soft oflThe èdmlnlstrairrfe bjden F4ated w Ihe ¢￿tres. The Ltse•f"desk4OP rev￿. wa$ 0 Intr￿luc¢d fr1tsse C¢nlres wrding small numbers of qualificiMs. c￿-19 a ofwsit5 Ca￿ rrt remoth QTonlrE. The e¢ntinualKJn ofspeoft IraThng. devekyment aThY ¢oxlMry fciCA8￿ olke Staff. to albJTh%%hthÈirdefnÈd •nd Wo￿ltI11S. A conbnual upjate dal qUaThfic￿$ to vaJity a5 defir￿ by Ihe R¥JiU¢ys. A coDbn￿l focus on reverw allrkn￿ed lo &reet IQ wofft8￿￿ty CL¥Jnlerb￿rte a dedine Ai the demand for vocabonal quificaws ty ts walw ind￿1ry. The wnliwal SU￿¢$5￿11￿¢ry ol ¢xJr End PrAnt Asse5srrtht Sobknn fcy 3 Waler wocess TechN¢ian Apprent￿￿p Stsndard. ddiwred 50 ETrJ PoYrtAssessffer15to 3pprerti￿ acu>55 aThwrthrofwdtett￿i￿S. CBW asosucees$fLIty expanded their Safety k181nten8￿e Opwati%%. The developffenl of a pmdu¢t and servv de¥eb]pW Flan. bed on lh2 resums of CA8Msstsehohlerengagement admty, lo idenity key developmenl pr￿￿￿e$. part￿pat￿ as afi att￿e rnember Df Ihe HAUC IUK) TriNJ and Attrethtation Grw ffAGI on ts$L$ telalifwJ lo the delwery of Stseel Works tBining ￿ qualikiorb5. Member5hpp ol TAG Ir￿￿leS al olthp Street Work5 Lygantsations. w￿Sentat￿e$ of local gove￿re￿I ard Lldtyes rrf9ani5ati￿￿. orr. RAUC SeoOaTrJ ar¢J Its Street Register. Durin9 202[￿2021. the gro￿ finalised a re￿1$¢0 As5e5Sftnt Stratew. new Mu￿P￿￿(￿ wesiw)n banks atJ htrwassessmert pape￿ork and form5. The n irranyemenls ￿[e implernented on the 1"" Marth 2020. The addllion of 25 nerfrf asse$smem centrts ècross the rarye 0f(walrf￿atrm. Suc(s8h￿ coM￿nCe ISOKQI."2015 ilh nD obseThaims frryn ts a￿Irt in March 2021. Made Charilat4e donatio￿ to Magt ￿eakfaSt. Purf¥•M arKI 8earn. PUBLIC BENEF The principal 8specis Ihrou9h btty&fft las tlefrd In Chanty L•¥ ￿ in keepwwj wrth the Crnp•nl5 Stalu5 ¥5 a Registered Chaiityl, resulted fmrn CABVYI'S ao%rrfty durirNJ tr yvai as In the A¢h¥•m•nl De&stry secti(m above. CABWI'S provision of qual'fications and wvice5, via appr¢)ved netsLYk of asses5rr￿1 centres. aThJ th8 Cortrnal of cenlre5. enable ihe charity lofuthl its aims a5 destribed n the Artides Df Ass¢x41li(m. Trough its ¢)Jrert a￿1 plan￿ fLrtwe pr￿lL&l aTrl sefyxe reviw and developrrenl work. CAB 11 Cortin￿ Ihai its proM$ion renedslhe withtsiryfeouireffnl5 for thewalerand uthtes ithsthes * &upport$ the y0vi41c￿ ofvocalionol novAedge and sklls io of al ayes in ths hith regulated err•ircoiN. b￿fil lo wknlic t8llh lo the 5U51ainability olenvircnmewrtal The Charitab￿ coryaThy'5 Intstee5 bel￿e tw have Wih tsr in Sect￿ 17151 of Ihe 2011 Chaiibes Acl to ha%t regard lo the guidance M pubJSc put4hèY bythe Charity Cc4nrrissK)n in exeros#￿ Iw dube5. AOMIPIISTRATIVE 114FORIIATIOM VarityJs refe￿ce adminolratib irymabon is wty#Jed in tr#sAnrwal Re[￿L FINAPKIAL REVIEW The Stsiernenl ol Rnawal shw I￿al irwre fly year of£586.774 P020.. V20.559). n¢t of £164,716 (2020." E227,65D arKI funds ai Ihe year-erJ daie sland ai £949.50812020.' 784.7931. Fund8 The tharltabk company ear￿d fees tharNat4e of£5B5.7$1 (20ZO.. W7.585). A890ts At ltte year-end dale. cash at bank É £846.61512020.. £W.7161 reryesents 89%12020.. 85%) of lotal fimds. The irtrease is prrnarily due ity the r1 for the ye8r aTrl the •mibsatn)n cdth8 charit￿$ int¥￿￿ as88ts (Le. b61& daI￿aSe) h¢h does not invofve thg of cash and hence intreases the cash generateo from operaiiuns. R•60Th•& Pollcy The orgarM$ation has $ufficnt resw¥es 10 I￿1 reseThe5 Uo c4er estimed si¥ months. operaiirvj costs 01 £210.0001. Thg cttarltable ¢￿￿on￿5 unrsirKted funds, rw5ent¢d by net curTeht a55eL%. amL¥mted to E922.05B at Ihe year-end date. As an awarding ¢Y9anisabon. h8$ limiled 8s5ets. arll. as %wh. M￿Irts a rE¥w¥E ki q5 to ertswe thal it h45 te$l￿r￿ against polenlial nuclualir￿s in irwr ÉxpendrtUf8 has been ktenbtsj In relatkn to prcluGi ser¥re aTrJ arxj swxrfl. ts2021.2022. •J. eNtcted thal IF05 W be covered laryely by the ann￿1 ￿￿e. Tnmtees we able to exc*ss ￿r￿s. wei ¥ty n￿th8. NnNng costs. to support the planned velopment8 if required.

¢ABWI AWARDIMG BOOY REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 ¥AR¢H 20 GOING CONCERN After rnawrtg aPWOW8tè tntyaries. Ihe iftt8es ha a rea$£￿ eAFÉ¢l8bon Ih•i ts charty has •J8ougle rest￿$5 to c(thue ID QPtr•lional existence ￿lhe f￿esee#￿e fvrture. Ftythis rea$M. thty adopi Ihe goiNJ basis fft wepamg these accourts. PLANS FOR ThE FUTURE The ChwtyF4ans abtyaYin￿f￿￿￿￿1ryYV3r5$UWI1Os￿￿f4d0ryfvndin90Fryth￿8nIs. $cussion Bowd and Clid ExeuJtNe ChThcer is lo xl sxl w6crfrt5 WIM in the rrEdiLWTrtern, MthwYl ir￿1￿￿.. the deVelop￿nIoreABbM,8llrtUr8 wothJ(1s.servKts￿5Yst￿ b3sed ofwiothsfrom CA8W'$•n4LXW Custo￿tr er¥Jager¥rt programme. A program￿ ofqvaw￿a￿ re¥waTrJ for 2021.2022. the developneni of new woducts aThJ serytes, as iequired by CABW'S and olrn2rs. to priorities defined Cus￿mers. Il developnnt of 8thls irMth'8iNes to fijrflw SL¥Wt lh2 thantat4e to CAewf$ pragramme of ¥￿Ik. irtludinq (IxLL%sions VAlh 0rwlsati¢￿ adNe in the thwilable fie&J. to I+￿a￿S kng¢r4Èrn1 charilablÈ W)11￿￿¥¢5. lh2 oryclry review oftrt wwer1￿5 ty %•ch rwales In relati￿ lo Strtei Kt)rk5 wah'kaliorts d tt ￿￿ementat￿]n ofltr line examination ap￿1¢al￿￿ lor 2021. To have ￿e￿lOped and hnalLsed End PothitA55es5m2rtsf(¢ M•rtenJnc¢ Skiw. Opvkn. WaterNh¥ot Oper¥e 8nd Waler IhlPACT OF eOVID.19 The first nati￿al knckdwi had a se¥effe Inyct on CPBIM 81 ts hcewl certres Irred todw afrrymriih Ih? rn•iorty tsf Ll( b￿s￿e$st$. BeCa￿e Irainin9 and assessmern is lo in key sectU5. cerrtres SW reopen ty Juty maiDrity vre operaiional. This iesulled In CA8W seeirHJ a much improved ffin8￿￿ pertQTmarte lothal forecasl al the be9inwg of first 10th0￿. CABW finds itsetfin a posilKJnwthwety It￿ req￿ated knal rf award5. are in case5 rwiAredby wale[comp&n￿ to wave ¢ompelerKe lo The demaTrJ lor Ihe5e avrdrds ha¥e ¥bert ss thaD wevK>us ￿ar5. CABW'S main reven￿ Siream & thE oftertrf￿s forlh• Ne Ro&ts and StreetV4orks Act ou•Wrathins. Th7 for an indi￿ldual lo hokl a sireet Wths cd 6 e5senti•lty"• IK￿ to tva(e" andwe h8¥e seen a of rwvwals. as YJl a5 an iruease in 1￿mond for iThIMduaL8 to ht4d the Ca￿. Ourbusiness aLo btntrfiied trom cenlrts bng 10 tontinuE to oifer•Yu(bJfi durww4 the ￿rr#￿t br8sk" In Oclobefmovember aThl the UK ide I0￿d￿ thich started ai lh2 igwww)g of 2021. As sy¢h tradkn9 has rtNffted ity rejr 2019120 REsPON￿BI￿vIEs OF THE TRUSTEEgt¥RECTORS Charityicomparw law re4UiWd ihÈ Tn&Siees￿ect•ts io prepa￿ fw)￿al siater(nts fty each year gi¥e a 4TrJ fwr ￿eW of the state oflhe afiairs oftr CharIab￿0￿ as * tr WrKe S￿date aTrJ ofits arxl year. In prewing those fin8ncial $iaiewnis. TA￿￿￿(re¢l£1s shO￿d foll(MT best afvj.. select sulab￿ acctyjnb'ny pc4Kies am trn appty them corsislerty. rnthejudgemerts aTrJ es11ft￿leS th31 are ffeas(vt4e ADJ pnthrt. aTh prepaie the finarKial stsiemerts gory corKtm bas￿ wles5 rtis 10 85surr Ihatthe thath•blÈ ill ¢￿tinUe on that basis. The TruSIee￿Th￿cIorS we ￿p0￿•b for k¥cyera¢cawtrwJ re¢¢wfj4 wknc th5d05e rEa5ryWbk arzuracy * arry time the ffinandal J$￿10n of Ihe charilab￿ company lo enab￿ them lo ertswe thal fv18nc4al $tsterr¢rts comp￿ the Companw Ad 20(￿. The TruSte8￿DIrectOrS a￿ atso respons4e fol safe9uardiTrJ Ihe assets of charftable aTrJ hence foT reaswawe 5tep5 for Ihe preverrtion aTrJ detedion olher Irre9￿ar￿￿ IAEMBERS OF BOARO Membets oflhe Boord. are (lir¢ttots It Ihe pwpw LY¢￿￿￿ lw aTrJ Tntstees the kmopose kw, served durlng the year •nd up to Ihe date oflThis wort ty￿ set (xrt on page 2. DUITes OF ThE 8OAAD Chalr.. The Chafjr1￿ resprybit lor wsurfr¥J Ihat Ihere We cha￿ts for al Board Membws aThJ the ChiefExeurt￿e Offlcer. For all Bo#d Me￿irVJ5 Ihe Chair is respons4È frfertsurry, ihaL" I meebrg5 of Ir Board we yoprty crrfwerd. mer fvytis giwen. the rela1W￿ to are folod. tyder is kept IWhoul ffleetry5 aTrJ ageTrJa5 e f(￿￿ryt. re501uthins are clety slated. and are re￿r¢jed

CA8WI AWARDING BODY RePORTOF THETRllST￿ FOR THE YEAR ENDED 31 IOARCH X+21 DUTES OFTHE CHIEF EXECUIIIE OFFICER CA8W has a ChlefExec￿￿ Officw is resp(wlJle tty the F<thies •Jopted ty 8oard aTrJ for the day404ay 4Trd fin•tlal rnanagem*N Of1￿ typarllsatio REIAUNERATIOW POU¢Y aryemenls fu 58lbry rem￿¥t￿ ol mir09￿￿rt pTrsryTh1 ts ¢￿d by ThE Ren¥That￿s￿¢eS$￿Jn pIan￿1vj Ap￿0￿￿ by Soard on arvj $iW w Is ty: tseAk¢rlDerl$,?OJII$J7GM Mike 8aktrr Tni$t•e and Chair Dic Ib Zoii

CAB¥4 AWARCIIIG BODY I rewjrt 10 the charfty trltstses exanwwtron ofts of V >E¥ ended 31 Mgrr 2021 Wi￿¢￿ • sei oul on page$ 7 10 17. Respomlbll￿èS •nd basiJ ￿ rnport As Ihe chanty trytsiees of tr ccfflpty land also 4$ dwedors lor the PWF¢)ses of company you are respoN4th for the pr•parabw ofth accounts in acurfaTr￿ Milh the wuwEments ofthe Colwn￿ AL# XWJ6 clhe 2rths Act'l. Haviffj satisfied myselllhat tr 8￿ntS ofthe compaty are not fequirJ 10 be ¥￿ted under Part 16 al Ihe 2006 Act aThl are eligity for independeTri exarrmnatw. I report in rospeo of ry t￿￿rrIn31￿)n of your Lmpanys ttounts as carried under section 145 ofthe Ch8MsAcl 2011 llhe 2011 Acr>. In Garyng rny ex•rrir￿ID)n I h8YefrY￿d the t￿￿)n$ gNen bythe Charity under 5edirm 145(51(bl DI Ihe 2011 ACL 1n4tspr￿onl •xwnSn•f$ $tst•m•nl Since Ihe conwny'5 gmss Ir¢ry￿ e%(edeil £250.CO) fflu5t bt a merrthr of a bDdy I￿ted in SeLl￿n 145 oft 2011 Att I confKrn blal q￿lfied louthrfake fv w•￿abon because l am a rnembwol WW. YAtith 15 trt oflhe ltsttrj I Coryleled my exaninatim l ¢orfvm thal rxi maler5 cwto my 1nrwrndipn￿1htht¢Xlrnir￿t•Qn giTr&ir¥J cwse lo w￿Yeth81 in wy mrial ￿K￿rt accounbn9 recrrt5 ￿re nci in rE5pect of ccqroary a5 fEqLwed by 5ELDTh 386 ofthE Act," the accwrls do not accryd ￿th Ih)se reror(ts. or aCCo￿ts do ftot coryty the a￿ reqLirEmentS ofsecb￿ 356 01thÈ 2006 ALI Olhèr Ihan aty requiremert Ihai the a¢counts give a'In￿ and lair ¥Jhith rs nol a rnatt¢r co￿thre￿ as part olan ind2pend¢nl examination," or tr accwn15 have not been prep￿1 in acwdarv methods prinups Oft￿ Slaifftnl of Recorrwr£nded Practice l¢y a¢couTrling and reporbry ty apF4Katye to th4ites preparwy bknr ¥courts ￿ accudarte the Financial Rep(Ymg Slandard ap￿ ￿ ihe UK Repub￿COf Irekind IFRS 1021. dravm ￿ Iri5 repcrf¢ in order loenAe a w¢)peruThrslaTh1irvJ Of￿ accw5 to be react￿. Pknlp Alsop FCA 8HP LLP 2 Rulknd P* Sheffield S102PD Dats.. Dec 16, 2021

c￿MA￿ARtINGeODy FOR ThE YEAR EIIOED JI 1•4RCM 20tI Fu 2.974 Chgrtibbu SJS.781 SbS.7S1 667.585 4a05• 4210$ 492.90) Izz 227,fj16 0withITox IM71$ 7M.792 7•4.792 5$7.136 T4>1allwr48¢¥rf•d l•r¥d 949 7e4.792

¢AWAIAWARDII¢I B(W)Y 27.450 1JT.J•1 619 9D3956 111302 868.715 12 43 741.75$ 14 949.5 n4.792 DD*ilDvE 141021 13?WTI Mlch••l B•k•r

CAM AwAft￿N6 ￿￿)y SIATEMENTOF ¢A8H FLOIY8 FOR TNEYÉAAEMDED 31 ￿Re￿a￿21 1121 2S2.716 IrAtIE￿Pa￿j X6.327 2S2.716 P7.45 PtsYchR¥•of Invtslinq IntsMSI 2.971 N¢t¢•8h ￿•0 lnffits•￿tr￿•¢U¥I¥• N•tld•Gvus•NtfflcN￿ 179. 2¥.190 666.715 ¢i•h ¢ah•tyl¢41•rt ai•md ofy•at 17 .615 668.715

¢A•1I1AWAROWG O¢)DY af IrthdlFR3 In Odthr2D1•1". thp ReportnpSi￿6Wd4pth1lIpin ¥* UKwdR¢wthrftr•wwJlFRS 1 Cmnboskl 2011. 1J Incvim Éxyrd4w•

eABVAAwAR0￿ aODY I•)TES FORMING PARTOF TblEFPWWL8TATEIEiifs FORIHE ÈMDÈDJI IA4RCH2•Z7 rfflMffl911¥l• ••Mts TaTrBlbl•flA*daM•ts F￿jrns.fttrV L•wkng Total 20 intert4F4r4rAd 1.02) 2.974 1.02) 2•74 -12-

CABMAWARDWG ecoy OTES FORMWG PRTOF ThÉ F•IANCi•LSTlhlÉllEirra F( ThEYtAI ÉMoeD JI IA4RCH 2•21 Totsi 8,88S •0,006 69.572 69.572 9.324 8>.120 11.835 EPAlee$ 83.820 11.fyxs 5.751 515.751 T•tsi 41.$1 40.S19 105.7•2 CID SvPPOrt & 0￿￿￿1c￿￿ons m4irA&I ChgrtAL4pdY*n> IIODQ )20 12.¢ 320 12.00$ 18.665 152.951 13.772 1.8 20.301 37.8OU

.657 162.210 162.211 ErnFlry•tsN I sIAtlppTrkni¢OSiS 2,077 2.Q77 Rth 3136 7.424 $79 .1J 7.124 679 p￿9$ &¢¥[ 6.140 S.1•9 Computernrniig 2.Q81 10.509 4.137 12.994 605 9.475 3.065 9.475 J.e65 xiisiEr 149 5.$ Dé¥ewDentdCASS Str4•y 16.923 1S.780 1.)24 dryvwses C•t•nn9, ho¥d*i& 7¥5 {1JJl 43.034 43.oy 4J,OJ4 •rn•rkth lffldRotndÈfflt 750 750 2.330 1.162 1.263 1.448 1.976 1.976 1751 2.7$1 t2. 422.05• 492903

IIOTU F0ftl￿NG PARTOF TIIEFWIAfwL IkTATEIIEIITS FL¥(nE YEAR ÉMDÈDJI tWlCHXII AmortMItsI 43.034 43.OJ4 162.21• 152.961 13.772 1.835 2.Q77 168.571 2Qi• 202• IX20'. £TO.509}frofftCW 9 Holts ¢in 22 May202D. T￿￿•￿￿131￿ txtWthartywthnthE munw￿¢•$¢1￿ ciwES+ldZ011 lu￿$ te¥is 5e14utirtPwa4raph 1 S¢hedth6 Fihbrrt•A2Qlo*J t -1

¢A8MAWARCINGB￿Y IIOIE8 FORkYNG PARTOFThÉ F•IAfwL¥TAIÉlIEK￿ YEAft ÉIII>ÉD JI IAARC4 ZD21 TM )ar￿at￿ a r*•Am 2021122>Etr. 1 Ap4 2ty2ts 171137 172.137 AI 31 2021 199 587 199.587 Al 1 Awl 2020 129.103 1X.103 43.•34 At31 htsrth2021 172.137 At 31 2021 2745Q Eq￿P￿•￿I At I 2020 10.044 At )1 2Q21 10.044 10.014 AtJI 2￿) Al 31 Al 31 ¥wth302 119.07? 17.50 98JJ57 2D.24S 137.381 118.302 2Q20 26.437 24.•7• 10.623 1¢.092 2Q.J70 12.789 61.931

13. C¥rr•rtY•r F¥ffid Fundn Fund Inw•i¥e fr4d 27.450 27,450 922.058 949.50 922,05 Ne¢•￿[S at 31 trAotthX21 TOtsI Fwob 4).trJ4 43.034 weis 741.nl ?U 792 741.758 714.792 C¥Th•rtY••r JI 2ty21 941 Str8 n¢• 31 2•19 zo20 2• 9.450 .1

C￿v￿AvIAR0lr•3eoDy NOTtS FORf•NGPARTOF ThE FWAII(W¥TATEIJEI•T8 FOAlIE ItAftENDED JI IMRCM 1•21 2D 217.856 (2.974) LO$￿￿￿}c￿ •ss 45.llJ4 43.034 119.Q79} 18.679 127.J73} 12.37J 252.710 17. 2•2• Cuhln 846.01$ fjEO.715 816.615 686.715 6.715 179.99) 179 9ty) ts16.615 -17-