Re8lstered Charlty Number: 1159083 Trr¥-&r&Ttield Flrth Almshouses ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS For the year ended 31 December 2023
The Sheffleld Firth Almshouses Contents Contsnts Page Legal and administrative Infomiation Trustees, annual report Independent examiner's report Statement of financial activities Balance sheet Notes to the accounts 10-16
The Sheffield Flrth Almshouses Legal and admlnistrative information for the year ended 31 Dember 2023 Full namè The ShefField Firth Almshouses Other names by vthlch the charlty 15 known The Firth Almshouses Firth's Homes Charlty number 1159083 Trusteès Louise Shield Chair & Governance Group John Gaunt Governance Group Alan Card Governance Group Bernard Wèbster Estate Group Richard Lomas Estate Group Patricia Nollent Inee Whitkml HouslnÉ Allocatlon Group Margaret Stoddard Housing Allocation Group Barb3ra Doyl& H•alth. Safety and Welfare Group Jane Holmes Housing Allocation Group C3th@.rinp Aailey H031th, Safety and Wclfare Group Graeme Beck Estate Group Retired February 2023 Retired May 2023 Prlnclpal address No l Flrth Homes Nethorgre•n Road Sheffield SII 7EG Accountants Seven Hills Accountants Limited 57 Burton Street ShÈffield S62HH
The Sheffield Flrth Almshouses Trustees. annual report For the yoarended 51 twember ZQZ3 The trustees submlt their annual feport and the financial statements for the year ended 31 Dècember 2023. The financial statements comply wlth the Charities Act 2011, the governing document and the charities Statement of Recommended Practice (applicable to charities preparing thelr accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland., FAS 1021 issued in October 2019. Strurture Governance & Management The organisation was registered as a Charttable Incorporated Organisation ICIOI with the Charity CL)mmission on 5 November 2014 with charity number 1159083. It Is governed by its Constitution. The charity was originally founded in July 1869. Previously the organisation was governed under a TTUSt Deed dated 9 july 1869 as amended by the Charity Commission Scheme dated 27 November 2007, charity number 219116. The full Board of Trustees meets quarterly to plan and review the fur*ction of the charity. Truste review and modify as necessary the controls and structure of the organisation, which includes four operational sub-groups (see abovel. The Chair is elected every January in accordance wlth the constitution. Bernard Webstei retired as Tru5teÈ In February 2023 having been on the Estates subgroup since 2014. Margaret Stoddart a150 retlred as a Trustee in May 2023 having been on the Housing subgroup from 2014. The Estates and Housing subgroups retain two members each which is deemed by the Trustee board to be sufficient at this time. The I rust employ5 a salaried Clerk and <1 Resident Warden through competitive recrultment and their wage is reviewed at the Annual Budget Planning meeting. The Governance committee continue to review and upilate the kirth trlome5' policies and procedures to ensure the effertive running of the charity. Objects arml artlvltles of thè charfty Thp. t.h3ritBblÈ objects are: al To provide housing accommodation for men and women, resident in Sheffield who arè over 60 year5 and are in need, hardship or distress,. and bl such other charitable purpose5 forthe benefit of the resldents as the trustees decide. This tharity owns an estate of sheltered accommodation for elderly people who are able to live Independently. The Almshouse Trust was founded in 1869. In 1970 the homes were rebuilt wh twenty eight flat5 and four bungalows. The Trust aims to provide Its residents with a secure, cornfortable and happy Ènvironment. Facilities on the estate include a laundry and community hall. The morale of residents is also important to the Trustees and therefore a range of social activities are organised and encoura8ed. Firth Homes is popular and has a good reputation. In shaping our objectiwes for the year and planning our activities, the trustees have considerèd the Charity Commission's guidance on public benefit, including the guidance 'public benefit.. running a charity IPB21' and the additional guidante OTh fee charging. The priority for Trustees is to manage available resources to achieve its chafitable objectives in the most cost efficient manner whllst ensuring thatthere may be sufPicient provision to meet futurè thallen8es.
The 5heffi.eld Firth Almshouses Trustee5' annual report Icontlnued} For the year ended 31 December 2023 Summary of t main a£tlvltles and achlevèments during the year The Community Hall is used regularly by the residents for social meetln8s such as weekly coffee morninos. bingo, card5 and art club. Special events in 2023 have intluded the Kin¥s coronation celebration. Halloween and bonfire night parties and the residents Christmas party. Organsed trips have included a coach trip to Cleethorpes. The Resitlent Warden is on site to respond immediately to all the securfty. maintenance and health issues that arise. The Warden is notified of all emer8enties (health 31erts and fire alarms) many of which are outside normal working hours. The overall occupancy rate for the year wa$ 96% as there was a total of seventy two weeks in 2023 In which there was a vacancy in one of the properties. Three homes became empty in 2023 with one additional home which was vacated the previous year and remalned vacant until May 2023. Of the three homes which were vacated bNO residents sadly died and therè was one internal move to an upgraded home on health grounds. Another resident also died and left their widow in occupation. The vacant homes underwent refurbishment and were r&oc¢upied by two new resident5 and an existing resident couple who moved internally. one flat remains vacant. At the year*nd thirry-one homes were occupied bythirty-two residents Ithere is one couplel. There are currently 25 female and 7 male residents, the mean average age of residents is 78 years. The tlme and cost of 5UPPOrting residents to live indèpendently In the context of increasing regulation is a challenge as support reduces due to austerity within the local authority and community. The Trustees acknowledge the assistance provided by the National Almshouse Association through idance and tining at a loc31 levÈl xnil with lobbying at > national level aiméd at uStainlns tlie future of the charitable alrnshouse movement. The majority of income comes from the maintenance charge paid by residents on a monthly basis, all income is held in a cash account with a bank approved by Trustees and guaranteed by the Financial Services Compènsations Schème. Trustees declded to increasethe maintenance contributlon for 2024 by 2%. To pay for the ongoing masntenance and upgrade of the estate. income is derived from the inve5trnents in funds designed for members of the National Almshouse Association. Regular monthly investments of £IOOO ctsntinite to be made into the investments. Through careful management all expenditure in 2023 was mèt without drawing on reserves. The investments remain adequate and overall perform to the Trustees satisfattion. The Trustees continue to monitor the financial situatlon closely and consider The Sheffield Firth Almshoyses to be financially resilient due to the adequate Investments held in reserve and the surplu5 income which continuesto be generateil from the Week Maintenance payments from the residents.
The Sheffield Firth Alrnshouses Trustèes, annual report l¢ontlnuedl Forthe year ended 31 December 2023 Trustee< responslbilhtiès In relatlon to the firtancial statements Itontlnuedl The trustee5 are responsible for keeping proper accounting record5 that disdose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements tomply wlth the Charities Art 2011, the applicable Chawit¢e5 (Accounts and Report51 Regulations. and the provisions of the Trust deed. They are 3150 responsible for safeguarding the a$5et5 of the charlty and taking reasonable Steps for the prevention and detertion of fraud and othei irregularitiès. Thetru5tees are responsible forthe maintenance and integrityof the charity and financial Information included on the charitvs website in accordance with legislation In the United Kingdom governing the preparation and dlssemination of financial statements. The trustees declare that they have approved the trustees, report above signed on behalf of the tntsstees bv.. Name: (SI, CLOI Ci4ryk(L P051tion'.
Independent Examln¢r'5 r¢port to the trustees of The 5heffleld Flrth Almshouses l.the Charity") I report to tliv Llidllty Trustees on my examination of the occounts of The ShefPield Firth Almshouses I'the ChariVI for the year ended 31 December 2023 Responslbllltles and basis of report As the charity trustees ol the Charlty you are responsible for the preparation of the accounts in accordance with the requirements of the Chèrities Art 20111'the ACYI. I report in respect of my examination ol your chariWs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the Dirertions glven by the Charlty Commission under section 14515llbl of the Art. Independent examinerfs statement I have completed my examination. I confirm that no material matter5 have come to my attention in connertion with the examlnation glving me cause to believe that in any material respert.. accounting records were not kept in respert of the Charity as required by section 130 of the Act- or the accounts do not accord with those records., or the accounts do not comply wlth the applicable requirements concernlng the form and content of accounts Set out in the Charities (Accounts and Reports) Regulations 2CKJ8 other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination. Your attention is to drawn tothe factthatthe charity has prepared the accounts Ifinanclal statements) in accordance with the relevant version of the Statement of Recommended Practice applirahlo to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 In preference to the Accounting and Reporting hy fhAriti@s- Statement of Recommended Practice Sssued on l April 2005 which is referred to in the extant regulations but ha5 been withdrawn. We understsnd that thls has been done in r)rdprfnr the actounts to provide a true and fair view in accordan with UK Generally Accepted Accounting Practice. I have no concerns and have come across no other matters in conne£ti¢)n with thp oxamination to which attention should be drawn in this report in tsrder to enable a proper understsnding of the accounts to be reached. Signed: Sus?rt CochTane, FCA DChA Sèven Hills AccotJntant5 Limited 57 Burton Street Sheffield 56 2HH Date.. 0310612024
The Sheffield Firth Almshouses Statement ol Flnantial Actlvitles Forthe vearto 31 December Z021 Unrestrided funds Deslanated fvnds Total 2023 Totyl 2022 Notes Incomefrom: Charitable activlties Investments 153,643 153.643 43.638 153,074 39,266 43,638 Total Income 153.643 41638 197381 192.340 ExPertd1e on.. Charitable artIvleS 131,63S 43,638 175,273 180,155 Totsl expenditure 131,635 43,638 175k73 180,155 Net incranellexpendltur81 before netzalnslllosse51 on InvestmEnts 22JJO8 22,008 12,185 P4et gainsll1ossesl on investnEnts 23.312 23,312 130,7901 Net Incomtllexpen(rrturel 45,320 45,320 118,6051 Tot31 funds broughtforward 1,171,028 1,171,028 1.189.633 Totsllundg ¢•rrlod torw¥d 1216 348 1,216.348 1,171,028
The Sheffield Flrth Almshouses Batancè Sheet As at 31 Dember 2023 2n24 2022 Notes FlxedAssets Tanglble Assers Inve5trnents 53,338 1,148,622 1,201,960 54,473 1,069,672 1.124,145 Currentassets Debtors Cash at bank and ir* hand Totsl £vrrentassÈts io 2,227 13.943 16,170 1,745 50,391 52.136 Creditor5'. amountsfalllng due within one year li 11,7821 15,2531 Nei Current assets 14.388 46,882 Toial assets less curreffl liablllt6es 1,216.348 I,17129 Totsl net assets 1,216.148 1.171,OZ8 Funds of the Chartty Unrestricted funds Designated Funds 1,216,348 1,171,028 1316,348 IA71.028 TheTrhJSteesdeclare that they have approved the atcountsabove on 23 Slgned on behalf of the Charitys trustees.. Name.. Lshield Name". A Card Position.. Chair Position.. Trust
The Sheffield Flrth Almshouses Notes tothe Account5 Far tha ywrto 31 DtÈr 2023 l Ac¢ThJntinR Pdicies a General The Sheffield Firth Alrnshouse5 15 a Charitsble Incorporated Organlsation ICIOI registered in England and Wèle5. In the eventthat the charlty 15 wound up. the liability in regpett of the guarantee is £nil per memtyer of the cNariry. Thy pilTILiydl oddre55 is No I Firth Homes, Nethergreen Road, Sheffield. Sll 7EG. The attounts lfinanclal $tatementsl have been prepared in attordance with the relevant version of the Stotement of Re£ommended Practice appllcable to charities prepariD8 their ac¢tsuntE in accordance the Financial Reporting Standard applicable In the UK and Republic of Irelènd IFRS 10213nd the Financlal Reporting Standard applKable the United Kingdom and Republic Df Ireland IFRS 1021 and the Charities Act 2011 and UK Generally Accepted Accounting Practice. The accounts Ifinantial statement51 have been prepar&1 to give a 'true and fair, view and have departed from the Charities IAccount5 and Reports) Regulations 2W8 only tu the extent required to provide a'true and lair view,. Thi5 departure ha5 involved following the relev3nt verslon of the Staternent ol Recommended Prattice applicable to Eh8ritie5 preparine their accounts in accordance with the Flnancièl Reporting siandard applicable in the UK and Repub11c of Ireland IFRS 1021 rather than the Accounting and Reportin8 by Charities." Statementof Recommended Prartice effectivÈlrom l April 2005 whlch has 5inEe been withdrawn. The rharity meets the definltlon of a public benefit entity under FRS 102. The financial ttatements are presented in sierlin8which 15the functional currency of the ¢harity. Mgnetsry amount5 in the5efinanclal 5tstements are rounded to the nearest £ b Golng Cortrn The financial statement5 have been prepèred on è golngconcern ba5isa5the trustees believethat no rnerlal uncertalnties exlst. The trustee5 have considered the level of fund5 held and the expected level of income and expenditure for 12 months from authorisin8 these account5. The budgeted Income and expenditure 15 svfficierit with the level of reserves for the charity to be able tv tontlnue as a 8oID8toncern. t lThccffle In¢ome i: re¢ogni&•d whon the chxrity has entitment to the funds, any perfom)ance conditions ?ttached to the Itemlsl of in£ome have been met, it is probèblethatthe inccmewill •Ved hnd the arnount can be measured reliably. Resldentscontrlbutions are accountedfordurin8 the year in 1£h they were OWEd. Interest on funds held on deposit is incSuded when receivable and the amount be measured reiiaDiy tsy the cnarrty., Ih15 15 normally upon notthcation of the interest paid or payable by the bank. Dwldend5 are recogni5ed once the dlvldend has been declared and notification ha5 been recwved of the dividend due. This Is normally upon notlflcatlDlI by uui ii)¥estnient adwyor of thedividend yield of the investsnent portfollo. d EwdStureaAd abillI]eS Expenditure is reco8ni5ed once there is a legal or constructive obligation to rnake a payment to a third rty. it is probable that settlement wll be fequlred and the amount of the obllgation tan be measured reliably. Irrecoverable VAT is charged as a cost galnstthe acbvity for which the eKpenditure was incurred. Cytlical repairs and rouyne Maintenan.. the charity has established a regular prograrnme of cyclical repair5 and maintenance. Costs are tharyed ttsthe Statement of Flnanual Artlvitie5 in theyear which thÈy are incurred. Tat)gibleftxed assets Housing properties.. Firth's Almshouses wete constructed in thè latter pèrt olihe nlneteenth century and there Is no record of thè ori8lnal c05t and no value is attrlbuted thereto. Tbe housing properties cost relates to the construction in 1970 of replècemeni Unl Thls was funded by a Housing Association grant, a mort8oge loan frorn Sheffield Cty Councll and from Mrth's Homes, own resour$. Depreciation 15 provided to wrire down the c05t of hou51ng properties in equal in5ts1ments over their expetted useful Ilfe of loo years. f Fixed asset investments Investment5 are a form of balc financi81 Instrument ond are initially wo8nised at their transaction value and subsequently measured at their fair value as at the bolance sheet date using closing Quoted market prlce. The ststement of financial ctwities includes the net 83ins and10s*5 ttrising on revèluation and dispcsals throughoutthe year. io
The Sheffleld Flrth Almshouses Notes to the Accounts lcont1nul For the yearto 31 December 2023 l AccountinE Polides Ic¢Jntlnuedl 8 Reallsed galns and10sse$ All 8ains and Ios5 ère tsken to the Sraternent of FinanciBI Activitie5 as they arise. Reallsed gains and losses on investments are Calcula as the difference between sales prcKeeds and thr opening carrying value or thelr purchase value if acquired SUb5pquent to tne tirst day ot the financial year. Unre8li5ed gains ènd1055e5 are calculated as the dffference between the fair valuè at the year end thelr ¢arryin8 value. Realised and unrealised investment Éain5 3nd losse5 ale combined in the Staternent of Fir(1a1 Actlvlties. h Cash and cash equivalents Cash and cash equivalents comprlse £èsh on hand and call deposits, and other short-terrn hl8hly Ilquid investments that arE readi convertlble to a known amount of cash and are sublettto an inygnfficant change in vilue. l Trade Debtars Tiade debtors are recoEnlsed initially at the transactlon pri. They 8re 5ubsequenUy measured at amortised cost using the effertive interesr method, less provision for smpairtnent. A provlsion for the imp8imient of trade debtDFS 15 established when there 15 ObltIVe evidence that the company wlll not be able to ttrllett all arnounts due according to the original terrns of the receivables. l Trade credlttys Trade creditors are obllgatlons tts pay for 8oods or seryices that have eTh acquired in the ordinary tourse of tne$S from suppliers. Attounts payable are cl855ified as current liabllitles rf the charity does not have an unconditlonal Fight, at the end of the reportin8 period. to defer settlement of the creditor fur at least tWee months after the reporting date. If there Is an untonditK>nal ri8ht to defer 5ett1ement for at least twelve months after the reporting date, they are presented as non-current Trade creditors are fecognSsed initially at the transaction prtce and subsequently measured at amortisÉd cost uslng the efFective irterest method. k Fund amnting Unrestricted funds are donations and other inwme re1¥able or 8enerted for the obletts of the OrganitIOn wr£ho further speclfied purpose ènd are avallablea5 general fvnds. fte5tTltted funds are TO be userj for Specific purposes as laid down bythe doTh)r. Oesignated funds are set45ide by thecharity's trustees for a specilicpurpose. l Leases Rgntals paygE4È urtd9r op•ratlnÉ lèaÈÈs are charged to incomc strèight line ba3 over theterm ofthe lease. rn Penslons The charity operates a defined contributw penslon plan for its employee& Cmtribution5 to the scheme are recognised when they are payable. m Critical accountlngestlmates arbd judgements In the application of the thèrlty's attountinE polics, the trustees are requirÈd to make judgements, estimate5 and assumptions about the carrying amount of assets and liabiltties that are rTrot readily apparent from other source& The estimate5 and underlying 355umptlons are based on historical experience and other fa¢tor5 that are considered to be relevant. Attual r*SUt5 ay differ from these e5timate5. The estimate5 and underlying assumptyons are revlewed on an onEoing basis. Revisions to 8cwuntin8 e5tirnates are OgniSed the period in whiih the estlrnate Is revisert when the revision affects only that period or n the period of revlslon and fijture periods whethe revi5I0n affects both current3nd future periods. o Taxatlon As a Charity, The Sheffldd Firth Alrnshcuses, isexempt from taxon Income and 8ain4falllngwlthin8the èvailabSe tsxexemptions to the extent that these are applled to itscharitsble objects. No tsx charges have arlsen in the Charity. li
The Sheffleld Flrth Almshouses Notes tothe Accounts Icontlnuedl Forthe yèarto 31 December 2023 Z Income from Ch8rftsbleArtlvltles Unrestritted funds kJe518nated fund5 Total ToLoI 2022 Z023 Resident5 contrlbutlon5 Ground rent5 receivable Solar enerBy receipt5 Sundry recelpts 150,914 91 2.638 150,914 91 2.618 149.737 81 2,674 582 153,643 153,643 153,074 2022-*und spllt 153,074 153,074 3 Inctxnelrom irtve#ments Uhrestrfcted fund5 Desl8nated fur Total 2023 Total 2022 M&G Charity Multi Assetaccumulation shares Income accumulated 43,638 43.638 43,638 43.638 39,266 39.266 2022- fund split 39,266 39.266 4 ExpEnditsre on thirfiableacbvities VnreStrf¢ted funds D&Èlgrtat•d fvt)d5 Total Tt)tal 2023 2022 Premises Cv•. 28.291 45,916 3,099 1.135 49,447 2,877 870 131.635 28.291 45,916 3,099 1.135 93,085 2.877 870 175.273 26,546 45.146 3.142 1,135 100,194 3,158 834 180,155 stsff ¢osts- see note 7 dmini&tratlvp frtÉt< Depreciation Maintenance Costs Other Cost5 Support costs- see note S 43,638 43.638 2022- fund spllt 140 889 5 Support COSt5 Unrestrirted funds Dewated lunds Totsl 2023 Total 2022 Independentexamination fee 870 870 870 B70 834 834 No otherfee5 were paid to the Independent examiners organlsation. 12
The Sheffleld Flrth PJm5houses Notes tothe Account5 Icontlnuedl Forthe yearto 31 December2023 6 Trusiees remuneratlon, benefits and expenses I rustses received no remuneration In thtr5 pertorl. There were no expenses 1MbUr5 to trustees durlngthe ye?r. 7 sthif CvJts Number5 Tolal 2023 Totsl 2022 44.579 3.641 13.6411 1.337 45,916 43,831 3,742 13,7421 1.315 45,146 Employer'5 National In5urJn Employment allowance EmployeT'5 PenSn contribution Ng employee re1¥ ernoluments of more than £60.000. The average numberof employees during theyear was 212022.. 21 Tan8lble FlxÈdA55ets propertles Cost orvaluatlon As at I January 2023 As at31 December 2013 113,486 113,486 Depreclation As at l Jènuary 2023 Char8e this period As Jt31 December 2D23 59.013 60,148 Nei BookV•lue As at31 Detemb¢r 2023 53,338 As at31 December 2022 54,473 Flrth'sAlmshouses were cDnstruct&l in the lètter part of the nineteenth tentury and tlEre is no record of the original cost and no value is ottfibuted thereto. Mie livVSiii& yiuyeillvs cvsi rEldte5 tD Ihe consirucrion In 1970 of repiatement units comprisin8 Ot 33 flats and bungalow5. Thls wès funded by a Houslng AssDciation grant of £15,QOD, 4 mortgage loan from Shèffield Oty Councll which has now been repaid, and from Firth's Homes, own resource> 9 Flxed asset Investmts 2023 2022 Movefflent In fixed asset Ilsted Ihve5tments Mèrket value b/fvJd at ljanuary 2023 Add.. Addltlons Reinvested dlyidends Add/llessl.' net gainlllossl on revaluatioft Market value as at 31 December 2023 1.069,672 I,Q49,196 12.000 43.638 23.312 12,000 39,266 30,7901 1,069,672 The iD¥estrnents comprise thefollown8 at Valuatlon". 10,24812022- 10.1361 M&G Charty Multl Asset Attumulation shares 1,148,622 1.148,622 1,069,672 1,069.672 13
The Sheffleld Flrth Almshouses Notrs to the Accounts Icontlnuedl For the year to 31 December 2023 10 l)¢btors 2021 2022 Prepayments 2,227 2,227 1,745 1.745 11 Credltors.. amount5falling due withln oneyear 2023 2022 Accruè15 1,782 1,782 5.253 5,253 12 De5i8nated fvrbds Balance at 01-Jan-23 8al8nce at 31-Dec-23 Inco Expendlture Tfansfers Extrèordinary Repairs Fund 43.638 43,638 143.6381 43,6381 Prioryegr Bulon¢¢ at 01-JthJ-22 Bolonce pt 31-Dec-22 lrtome Expenditu*Y rffjnsft15 Extroordinory Repoirs Fund 39,266 39,266 139,266 (39,266 Extraordlnary Repairs Funds-to b2 used for the extraordinary repair, impro¥ement 01 rebuiiaingof the aimsnouse5. 14
The Sheffleld Firth Almshouses Notesto the Accounts Icontlnuedl For thè yearto 31 Deomber 2023 13 Netassets byfvnd Unrestrlcted Tongible assets Investments Net current asseis 53,338 1,148.622 14,388 1,216 348 53,338 1.148,622 14.388 1.216,348 Unrestrirted fvrtd5 2022 PrioryeiJr Ton9ible ts5sets Investments Net CUTrerJtossets 54.473 1069,672 46,883 54.473 1.069,672 1.171.028 1,171,028 14 Cperatlng lease commitments At 31 December 2023 the charity had outstandlng commltments for fvture mlnlmum lease payments under nOn*anlIable operating le8se5 which fall dueasfollows.. 2022 within one vear 540 540 15 Related hrtytransoctlons There were no related partytransactlonsduringthe year ended 31 Dember 2023 or 31 December 2022. 15
The Sheffield Flrth Almshouses Notes to the A¢counts Icontlnuedl Forthe veaT to 31 Detember 2023 16 siatement of Fknanaal Attlvltle5- Comparatl¥es D¢slgnoted Totol fvnds fvnds 2022 Incofftefrom.. ChuritobleAcbvitfes nve5tments 153,074 153.074 39,266 39,266 T¢thl theome 151074 39266 191340 endlture on.. ChoritableA¢tlvltles 140,889 39,266 J80.155 18415$ Netincome/(expertdlturel befvrenet guins/f1055es)on Investments U,iB5 12,185 Net gotn5lllossesl on investrnents (30.7901 130,7901 Wetincome/leKpendftureJ (18,6051 118,605} Totolfunds broughtfonvord I189.633 1,189.633 rotdfvnd5Ctirrf¢dAon 1,171,028 L17I028 16