Charity gistlI0n number.. 1157796 Newbury Cancer Care At)nual Report and Finartcial Sta*ments for the Ye8T EDded 31 D¢e¢mber 202J
Newbury Cancer Care Contents Refer¢n¢¢ and Athntni$trats've De.15 Trust¢, Report 2to6 Statement of Trusiees, Re5poDsibilitits Ind¢p¢ndtnt ExAmincrfs Report Stsiement ofFin8ncial A¢iivilies 9tolO Balance Sh¢¢t Noi¢$ to the Fin&n¢i41 St8tem¢n 12to21
Newbury Caneer Care Reference aDd Adminlstrative Detsils Cbairman D I Ornwod TrSlee5. Ajcole D l Ornwod P L Wright K A De Monte (resigned 29 April 2024} L J Robins (resigned l August 2023) J Baggaley T Allum B J Allen MCBull M Brownridge IreJi8n¢d 2 August 2023) C Hunt {appoint¢d 6 February 2024) R Knowlcs {Appointed 3 Ociober 2023) A Gold l&pp)inied 4 June 2024) Senlor M4Th48em¢nt l Ledttthlp T¢8m Dr Paul Millard, Presid¢n¢ Helen mi1y, Co-opted Member and D]rector of Operntio ChArlty ReglstrtSoD Number 1157796 PriA¢lp410ffi¢¢ The Ros¢m#ry C¢ntre West Berkshire Community Hospital Benham Hill Newbury Bcrkshire RG18 3AS IDdtpendettt Ex*miner Kerry Hawkins FCCA UHY Ross Brooke Chartered Accountants and Registered Auditors 3 la Charnham Str¢ei Hungerford Berkshir¢ RG17 OEJ Page I
Sollcltors Gardner L¢ader LLP 20-24 Markei Place Newbury Berkshire RG14 5BA B#ttker5 Newbury Building So¢i¢ty Lloyds Bank Pag¢ I
Newbury Cancer Care TThstees' Report The ttwtees present the annu r¢wt tO8ether with th¢ financial thtem¢nts of the charity for the y¢aT ended 31 D¢c¢mb¢r 2023. Objective5 artiviti¢s Obiéets dl5 Newbury Canc¢r Care was establjshed than 35 y¢ars ago to rtsp)nd quickly and effectively to local (West Berkshire) needs by providing praciical and ¢rnoDonal suppon io cancer PaTi¢nts and their faFniliw fro diagt)osis througb palliative and end of life ¢are. The ChaTity also supwjrts some other patients with life limiting il]nesses. These remain OUT Core obje¢tiV¢5. Public benefit The TSle¢S have considered the a)arity Commi$gion's general guidance on public b¢Defit and are satisfi¢d that the Charity's airn5 and obje¢tives #rtd overall activiti¢s in serving th¢ Iwl commwty are eompliant and ¢onfoTrn with statutory requirements. The trust$ ¢otthrm that they have ¢ompli¢d with the requirem¢nts of sectlon 17 of the Charities Act 2011 to have due Tegard ttJ the public benefit guidance publishfAJ by the cban.ty Commission foT England and Wal¢s. These are clearly related. Therc is a steady flow of r¢quests to supportlassist individuals who Sre experiencing financial ]wdship as a cons¢qu¢nc¢ of their ¢anc¢r and each request for a financial grant Is considered sympathetically and approved when Considered appropriate. The Charity CODtiDues to support patient services and caprfal projects at the West B•*$hire Hospital ths futth allow. Th¢ reservts policy is based w>on the ChaT¢tys core objectives its principal featLwes Ére.. To achieve a of WOTking capital sufficient to ¢Dable all aspects of the chIty's a¢iivitics to be conthi¢ted effiaently and unimpeded. b. To provide sufficient r¢sources to coverwiexpxtAI or utsavoid8b]e expenth.tute that cannot otherwise be met from income. Total unrestrided reserves are considered sufficient to cover ODe yar of routme fixed exp¢nditur¢ and all the ¢harity to continue to fvlfil its core objectives. Pag¢ 2
Newbury Cancer Care Trnstees, Report (continued) FinAn¢ial revieiw Income from thc ChariiY5 Gor¢ activity for th¢ elldtd 31 December 2023 amount to £127,297 {2022.. £178262) comprising £156.169 (2022.. £I34.1061 froTn the various doDations and local community fimdraising initiatives. lega reeeipts of £16,848 (2022.. £35,050). the sale of calendars, }kS and Christinas cards of £6,93512022.. £7,331) and invthrneDt illcome of £7.345 (2022.. £1,775). Unrestn¢t¢d dITt expenses of £llXI.064 (2022.. £194.767) includ¢ pati¢nt grdnts of £44.595 {2022: £41199), tr8nsport setvi¢e and coordinator costs of £38,08912022.. £36,263), support grants of £5.500 12022.. £63.474) afld expenditure on Rainbow Roonu equiprnent and expenses of £l1.880 (2022.. £52,831) . A fi]rtber £88,098 {2022.. £48,112) has been tXFtnded on overhead aDd support costs. There is 8 resultant deficit ¢xp¢udittwe over incom¢ on the cbarity's core acts'vity of £6,318 {2022.. £69,156) The ChaTitys share of th¢ lioSen App¢81 Income for th¢ year ended 31 December 2023 at))ounted to Dil {2022.' nil). ExpenditUTe from this fimd amounted to Q9.357. These funds are held on a restn.cted basis. The oveTall effect of combinxng tbe Charity's rore activity with the Rosemary Appeal fundiDg l¢aves a defi¢it of £35,675 {2022.. £69.156) Tesulting in a dccrease in res¢rv&% to £489.47012022.. £525,145). of which £207.916 (2022.. £237,273) is restricted and £281.554 {2022: £287,872) in wwestri¢ted. Page 4
Newbury Cancer Care Statement of Trustees, Responsibilities Th¢ ttustees are rwnsibl¢ for preparing the tnLqtrts' report and th¢ financial ststemcnts in accordanc¢ with the United Kingdom A¢cowiting StaDdards (Unitrd Kingdom G¢n¢rally A¢pt¢d Accounting Practice) and appli¢ablc law and regulations. The law applicable to chan"kn"es rcquircs the trwt¢u to prepare financial sthi¢m¢nts for each fi]wicial year which giv¢ a true and fair view of the llate of affaits of the chan.ty and of the inc<)ming resou¢S and applicati¢)n of resour¢¢s of the charity for thar pttiod. In preparni8 thcs¢ fuwcial ateM¢llts. the trust¢¢s are requir1 to.. sclect suitable accounting policies and then appty th¢m ¢on$istcntly' observe th¢ methods and pnlpleS in th¢ ChaTities SORP,. make judgements and estitnat¢s that are reawDable and pnthnt: stat¢ whether applicable accounting sthndards ha been followe& subject to any m8trri#l deparbJre$ disclosed and explained in the finaneial statements" prepare the financial statements on the going ¢on¢ern ba¥ii unl% it li inappTopriate to preswne that the charity will contittue in business. The irustees are responsible for keeping proper accounting rerdS thai disclose with reason&ble aeeura¢y at any time thc financial position of thc charity and tn8bl¢ them fo ¢nsuTe that the fJn8ncial siatements comply with the ChArities Act 2011, the Charities (Accounts and Reports) Regu]ation$ 2008. and the provision$ of th¢ consiirution. Th¢ trusi¢es are also reswnsible for safeguardiD8 the assets of the ¢h8rity and hence for taking reasonable steps for the preveniiott knd deteciion of fr8ud and other lrre8ulirili. The trte¢S ar¢ resp)D$ible for the mAint¢naD¢e atsd inte8rity of th¢ corporat¢ ¥nd fuwiciat itiforniation included on thc charitable compally's wcbsite. Legislation 8overnin8 th¢ preparation al disseminalioll of rinancial statements may differ from le8i$lfition in oth¢r jurisdictio Approve4J by the tru¢¢3 of th¢ ¢hgrity on ... ..$....4... *ttd signed on its haIr by: D l Ornuod Chairman and tswte¢ Page 7
Newbury Caneer Care Independent Examiner's Report to the trustees of Tr4ewbury Cancer Care I rq)ort to the trustees OD my examition of the accouttts of Newbury Canttr Care for the y¢ar ended 31 D¢c¢mber 2023. ReJponJibilities b#sis of r¢port As th¢ charity trusitts of Newbury Catt¢¢r Care you are responsible for the preparation of the ac¢oullts in accordan¢¢ with the requlrements of the ChaTities Aci 2011 ('the Aet.). I Teport in respcct of my examination of the Newbury CaneeT Car¢,$ 81xoiints carri¢d out tmder section 145 of th¢ 2011 Act and in oul my examiltion I h8ve followed all the applicabl¢ Directiotts givcn by the ChArity Commission und¢r section 145(5)nTr) of th¢ A¢L lodepeDdent examlntr'i ststsDhellt I hav¢ completed my ¢xaminaiioD. I wnfllm that no material matters have come to my httention th connection with the examination giving me cauK to believ¢ t1 in any mawial respect.. counting records were not kept ID re8pect of N¢wbury Cancer Care as re4wirtd by section 130 of the A¢t; or 2. the 8QUts do not accord with ilmjse records. or 3. the a¢counts do not comply with the aceountin8 requirem¢ttts Concerning the forn? and eont¢nt of aeeounts set out in the ch8rill (Account$ and Report8> Regulatsons 2008 other than any requtrcment that the oun[S give & 'tru¢ and fair vi¢w' which 15 Dot 8 Iiiati¢r CODsider¢d a8 Part of an ind¢pcndent examination. I have no concerns and hove Come across no oiher mattm in ¢onncction wtth the examinatiot) which &tt¢niio should be drawll in tlus repon iti ordu to ¢nabl¢ a propcr UDdcrsthnding of thc actounts to be reached. Kerry Hawkin5, FCCA UHY Ross Brooke 318 ChArnhom Street Hung¢rford Berkshire RG170EJ Date.. ..22...&..:..Zo2 + Pag¢ 8
Newbury Cancer Care Statement of Financial Activities for the Year Ended 31 December 2023 Unrestrlded funds Totl 21123 Restrided fundB Note Income Dd Etsdoivments frtsm: Dooations and legaeie8 Other trading actiYiti¢5 Investment income 173.017 6.935 173,017 6.935 Total income 187 97 187297 Expendlture on: Fundrnising costs Direct ¢o$ts Ind¢p¢nd¢ni Examiner's r¢mun¢rntion Other 8ovcrnatt¢c costs Support Costs (5,453) (11,064) (2.0) (812) {5.453) (129,421) 12,0(M)) {812) (29,357) Total expenditure 222 972 Net ¢xp¢nditur¢ Net rnovement in funds (6,318) (29,357) 135,675) R¢¢on¢lll*tloA of fujdi Total funds brou8ht forward 287.872 237 273 525,145 Total fiJnd¥ wri¢d forwBrd 16 281554 207 916 489 470 The noies on pages 12 to 21 foTm an int¢gral part of these financial statcrncnts. Page 9
Newbury CaDcer Care Statement of Flnancial Activities for the Year Ended 31 December 2023 (continued) Unrestricted funds 2022 Restri¢¢ed fund• 2022 Total 2022 Income and Ettdowments from: Donations and legacics Other trading aetivities Inv¢sttnent income 169.156 7.331 1.775 169.156 7.331 Total ineome 178262 178262 Expendlture Raising funds Direct costs Independent Examiner'5 r¢mwrntio Other govcrnan¢e Costs Oth¢T exp¢nditUT¢ (4.539) (194,767) {2.OLNJ) (640) (4.539> (194,767) (2.0(K)) {640) Totsl expenditure 247418 247418 Net expenditttrt N¢t movement in fiuKIs (69.156) (69,156) R¢¢on¢lllatlon of fundB Tothl bJnd9 broughi forward 237 273 594 301 Totsl fijnds carried forward 16 287 872 237.273 525.145 All of the Charity's 4¢tiviii¢s derive from continuing operntions thiring the above No riOdS. The fund$ breakdown for 2022 is shown in no 16. The notes on pag¢s l2 to 21 forni integral part of these financial sttietnenr& Page 10
Newbury Cancer Care (Registration number: 1157796) Balance Sheet as at 31 December 2023 21123 2022 Nots Fixed assets Tangibl¢ &sKts 12 409 511 Current assets Debtor5 Cash ai bank and in hand 13 14 27.335 477.055 504,390 27.685 515,644 543,329 Creditori: Amounts fxMiDg due withiD one ye 15 Net ¢urr¢nt assets 489.061 524,634 Net assets 489.470 525,145 Funds oftbe drIty. Restrieted illcome funds R¢stricted funds 16 207.916 237273 Unrestricted ititomt Cundi Unrestrict¢d fimd5 281.554 287,872 Total fund$ 16 489.470 525,145 The financial on pag¢5 9 to 21 w¢r¢ approved by the t• and authorised for is$u¢ on .:.8.-.Uknd sigtsed ¢)n their behalf by". The notes on pages 12 to 21 fonD an integrdl part of these financial statements. Pag¢ll
Newbury Cancer Care Notes to tbe Finantial Statements for the Year Ended 31 December 2023 l AeeounliDg plieies Statement of complianee The financial statements hav¢ E¢¢n pr¢paTed in accordance with the sttond edition of the Chariti¢s Stat¢m¢nt of ReconllneJLded Pracuc¢ Issued in (ktob¢r 2019, th¢ Financial Reporttng StaTthrd applicabl¢ in the Uniied KgdoM and Republic of Jreland (FRS 102) and tbe Cban'ties Act 2011. Basi5 of PT¢PATstion Newbury Cancer Care mttts the defmition of a publi¢ brn¢fit cntity undu FRS 102. The accounts Ifall¢la1 stat¢m¢nts) hav¢ b¢¢n prepared under the htOrical cosi convention witb It¢ll [CgniSed at cost or tra1ctiOn valu¢ unless othetwis¢ stated ill the relewant note(s) ts) tbtse accoun Going tontern The trustees consider that theze are no material UD¢ertait)ties about the clMrity'5 ability to continu¢ 05 a 80in8 concern. Ineome #nd tndowtDents All income is rectsgnised once the cbarity entitl¢m¢nt to the income. it is pmbabk thAt th¢ income Mll Trx received and the amount of tncome receivable caD be mwured reliably. Th¢ r¢cogDits"on of income from legacies AS dependant oll blishing entitlemen( th¢ probabiliry ofrrfeipt and the ability to cstirnat¢ with suffi¢ieni accuracy the atnounl receivable. Evidence of eDtitlemeni to a legacy exists when the charity has sufficient ¢vid¢n¢e that a gift has been left to them (through knowledge of the existence of a valid will and the death of tbe benefactor} and tbe cx¢¢ulor is Satisfi that the property in qu¢stion will not requircd to satisfy claims in the estate. Receipt of a legacy must b¢ recogntsed when it is probable that it will be ¢ivcd and th¢ fair value of the amount receivable. which will g¢ncralty be the expected cash aOUnt to be distributed to the clMTity. can be reliably measured. Ineome tsx tteoverable in relation to doDations reIVed under fjift Aid s)T deeds of covcnant is recognistd at th¢ time of the donation. In¢ome lax recoverable in relation to investtnent ineome is recognised at the time the inveslment in¢orne is receivable. General donatt.ons are ac¢ouNed for on a (*sh received basis. Dongtt"on$ and gifts in kTnd aTe included in the f]Dancial statements at market value. Income from calendars and fimctions is included when th¢ ¢hatity has entitlement to rrf¢iv¢ il. Interest on held on deposit ig ittelllded when receivable and the smount CaD be me&4ured reliAbly by the hartty.. this is norn)ally upon notification of the interest paid or payable by the bank The Rosenwy App¢al was a joint appeal with Newbury and Thatcham Hospttal BuIldll Tnt. The Pllrpos¢ of the appeal wa5 to build a purpoK built building offering both spOk¢ Ca for cancer patients lon top floor) and those with renal failllr¢ (on ground floor). The buildlng was op¢n¢d in 2018. The incom¢ and expenditure for this appeal is split ¢qually b¢tw#tt th¢ two charitifs. All income and exp¢nd]tu 15 rtstricted for this project. Pag¢ 12
Neivbury Cancer Care Notes to the Financial Statements for the Yegr Ended 31 December 2023 (continued) Exp¢ndlture All expenditure 13 re¢08n1s on¢¢ thX¢ 18 a legal or constructive obligation to thai expenditUT¢, it i8 probabl¢ Settle¢ThI is requir and th¢ amoun¢ caD be rneasured reliably. All ¢osts ar¢ allotat¢d to thc applicable ¢xpendiftJr¢ h¢adthg that aggT¢gat¢ similar costs that category. Wh¢r¢ costs ¢annot b¢ dire¢dy attributed to particular headings they have been allocat¢d on a basis consistettt with the use of resources. with ¢¢ntral stsff 05ts allocated on the b&sis of time $pet)i, and depreciation chat8es allocated oth the portion of th¢ asset's use. Other suppon costs are allocatrd based on the 4)read of stsff costs. These aTe ¢0sts incurred Tn attradiDg vohmtary tncome. the management of inv¢siments and those incurred in trading actsvities that raise funds. ChirlthTblt a¢rfvilies Charitable expcnditurc. dir¢d t$ and Sup1 costs Comprises thLW Costs inwTr•l by the charity in the d¢liv¢ry of its adivities and services for its bcncficiari¢$. 11 IldeS both ¢osts that can be allocated dir¢ctly to such activities and those costs of an indirect nattir¢ to 5UPP)rt thcDL Grants poyable are charged in the period when the off¢T 1$ made except in thosc cases where the offer is Conditional, su¢h granis being recoLs¢d ¢xp¢ndilure when the condition8 •tt¥¢hing fulfilled. Gr13 offered subject io cottdiiions which have not been mel at the pen'c4J end are noted A$ a ¢ommitmeni, but not accNed as ¢xpellditure. Governnce eoit• These includ¢ the cost5 attributable ¢0 the ¢hwiry's compliane¢ with conststutional and stswtory requirements. itt¢ludin8 audi4 stytegi¢ nwiag¢nwii 8nd rnbsiee8 meeiiti88 And reimbursed exp¢t¢S. Tin8lbl¢ fSxed ¢¢$ It)dividual fixed assets ¢ostin8 £500.00 or more ar¢ initially re¢orded at C1. lesl #ny wb8¢quent accumulaied depreciatioll and subsequent accumulAted impainn¢nt lo&ses. Depre¢l4tlon #nd *mortlsAtlon Depreciation is provided on tan8iblc fixed &s%ts so as to write off the ¢o$t or vilu•iion, less any estimated residllal value, over their expected useful economic life follows: A8set cl•sg Office Equipmenl Depreci•tloTh melhod and rate 20e/• straight lin¢ TrAde debtorj "rradc dcbiors are omounts due from customers for Merdwls¢ xjld or services perfOrnI in the ordinary ¢OUTse of business. Casb and ciih tqulveDts Casb At)d cash equivalents WmPris¢ cash on FLand attd call dw5Lts. and other shon-t¢mi highly liquid investhients that are readily Convertible to a known allUllt of c&8b alld ar¢ subj¢¢i to iDsignifi&int nsk of hang¢ in valu¢. Pag¢ 13
Newbury ce¢r Care Notes to the Financi21 StatenJeDts for the Year Ended 31 December 2023 (continued) Trade ¢redittsrs are obligatiot)s to pay for OT seTViCtt that have acqthiTed in ordinary course of business from Suppliers. Accounts payable are classified as curreDt liabih.ties if the charity does not hav¢ an uneonditiona] right. &t the ¢nd of thc r¢poning period, to d¢f¢T s¢ttlemeni of th¢ Cr110[ for at Iwt twelve Inouths after the reporting date. If th¢re is an utLcondits"on81 right to defer settlem¢nt for at leasi tIve months after th¢ r¢portin8 date, they are presented & llon-current ]i&bilrtie& Fund 5tru¢ture General funds are untestricted fi]Dds which are avJilable for use at the discretion of the Tte¢S in fvrtherance of th¢ g¢neral objectiv¢$ of the charity and which have rll b¢tD designated for oth¢r purposes. Designated funds ¢omprise unrestrieted fimds that hav¢ been set aside by th¢ TTUStees for particular Purposes. Th¢ aim And use of each d¢si8nated fund is set out in the notes to the financial ststements. Restricted funds are wbich are to us¢d ID accordance with sp¢cific Testrictions imwsed by donors or v/hicb haye been raised by the charity for particular purposes. The ¢osts of raising at)d adJniDiSJng sueb fimds ar¢ charged agatnst the specific fund Th¢ aitn and use of wh restricted fimd is s¢t out ill the notes to th£ fmancial statements. lov¢stment inGollke. gain5 and losses are allated to the appropri¢ fiJD Pen$iDns The charity operdtes a defined contribution pension and the pension charge represents the amounts payabl¢ by the charity to th¢ fund in respect of th¢ p¢riod. 2 1tt¢•me from dtsnadfjns and leg¢ie4 funds Gett¢r•l Total 21123 Tot*l 21J22 Dtsnaiiolls LegleS 156.169 16.848 173017 156,169 16,848 173017 134.106 35,050 169,156 Page 14
Newbury Cancer Care Notes to the Finanelal Statements for the Year Ended 31 December 2023 (continued) 3 In¢ome from otb¢r tr#dLig activities Unrestricted funds GenerRI Total 2023 Totsl 2022 Trading in¢otn¢: Calendar sal¢$ Christmas card SAles Book 6.588 347 6.588 347 6,037 735 SS9 4 ID¢om¢ Unrestrlcted full G¢nerl Tt)tl fund• Inv¢Btm¢nt in¢om¢ Total for 2023 Total for 2022 775 5 Other governnee toits UDrestrl¢ted funds Getsernl Total 2023 Tot1 2022 Indendent Examiner'$ r¢mun¢rntion Oth¢r governance costs 2.000 812 2.(KJO 640 812 O Dtreet to 2023 2022 Rosemary Appeal (Restrict funits) 29,357 17.185 5,500 11.880 44,595 Patient tronspon costs Grants to institytions Rainbow Rooms equipment and expens Grants to individuals 18.959 63,474 52,831 42.199 Wa8¢s and salari Dlreet costs total 129.421 194.767 Pag¢ 15
Newbury Cancer Care Notes to the Flnancial Ststements for the Year Ended 31 December 2023 (continued) 7 Support costs UDrestricted funds GeDer Total 2023 Sff costs Wages and salari Pen8ion eosts olrice Travel Rent Insuranc¢ RepaiTS and maint¢nanc¢ Marketing Telephone and fax IT expenses Printing. postsge attd stationery Sulldry expenses Support seryi¢es- swrt Costs SALT Support fimthng . supwrt costs Just giving charges Depreciation of eompuier 33,6CMI 1.261 415 1,215 860 200 33,600 1261 415 1215 860 2(M) 9.965 1,620 2,614 572 329 1.137 30,834 562 102 85.286 9.965 ,620 2.614 572 329 1,137 30,834 562 102 85,286 Unrestrieted ds General Totsl 2022 Staff Costs Wages and salarics P¢nsion wsts Office Travel 29,576 1.032 240 1215 769 280 5.695 1.394 3.553 616 643 331 128 45.472 29.576 1.032 240 1215 769 280 5,695 1,394 3.553 616 643 331 128 45,472 Insurance Rep3iTS and maintenance Markeiitig Telephone and fax IT exp¢ns¢$ Printing, postsge aDd stationery Sundry expenses Just 8ivin8 char8es tkpreciation of ¢omputer Page 16
Newbury Cancer Care Notes to the Financial Ststements for the Year Ended 31 December 2023 (continued) 8 GrAnt-makln8 Analysts ofET#llts Gr•nt8 10 In¥tltutlons 2023 2022 Attalysi Su¢ Ryder Charity- Pallialive Care S¢rYice My Cancer My Choice 58,474 9 Tryste¢s remuner¥tloD and expenses No trustcu, nor any persons connected with bave recelved any TWnUTmtion frorn the charity during the year in rclaiion io their trustr¢ duti¢s. One trusiee was also a servict user and received a hardship gt8nl awarded inline wilh our polieies. No ¢ste¢S have received any Teimburs¢d expenses from the charity during the ye4r. 10 St#(f costi The aggregate payroll Costs wtte as follows: 1023 2022 Staff costs durlng the ye*r were: W•8es and salaries Employ¢rs p¢nsion 54.504 46.880 The monthly average number of persons (tncluding senior MaSement I leadership team) employed by ¢he ¢harity during th¢ y¢ar ¢xpr¢sscd as full time equivalents was as follows.. 2023 2022 No Average number of employees- all part time Contribution5 to the employee pension schemes for the yeer totall¢d £1.261 (2022- £1,032). As at the end of the year nothin8 was unpaid No ¢mploy¢e re¢eived emoluments of Jnore than £60,{ during th¢ year Pa8¢ 17 Newbury Cancer Care Notes to the Financial Statements for the Year Ended 31 December 2023 (continued) 11 Taxatlon