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2025-04-05-accounts

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Charity Registration No: 1159957

Bacton Gospel Hall Trust

Report of the trustees and unaudited financial statements Year ended 5 April 2025

T B Tax Services Bridge House Pattenden Lane Marden Kent TN12 9QJ

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Contents

Pages
Reference and administrative details 3
Report of the trustees 4-7
Independent examiner’s report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11-17

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Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Reference and Administrative Details For the year ended 5 April 2025

Charity name Bacton Gospel Hall Trust
Registered charity number 1159957
Trustees David Charles Bowen (Chair)
Timothy Andrew Carlyon
Caleb Horner
Matthew James Pooley
Warren Ward
Treasurer Timothy Andrew Carlyon
Principal address 5 Ipswich Road
Newbourne
Woodbridge
IP12 4NS
Independent examiner Mike Prior FCA
Sherlocks Chartered Accountants
13 Plantation Way
Whitehill
Hants
GU35 9HD
Accountant T B Tax Services
Bridge House
Pattenden Lane
Marden
Kent
TN12 9QJ
Bankers National Westminster Bank plc
Ipswich Tavern Street (B) Branch
2 Tavern Street
Ipswich
IP1 3BD
Solicitors Kerseys Solicitors LLP
32 Lloyds Avenue
IPSWICH
Suffolk
IP1 3HD

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Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Report of the Trustees For the year ended 5 April 2025

The Trustees present their report along with the financial statements of the Charity for the year ended 5 April 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 11-12 and comply with the Trust Deed and applicable law.

Structure, governance and management

Governing document

The Charity is an unincorporated trust constituted by a Deed of Trust dated 15[th] September 1978, most recently amended by Deed of Variation dated 8[th] August 2014. The Trust was registered with the Charity Commission for England and Wales on 15[th] January 2015 under Charity Registration Number: 1159957

Recruitment and appointment of new trustees

The names of the Trustees who served during the year and since the year end are set out on page 3. None of the Trustees, nor any person connected with them, received any remuneration or expenses from the Charity in the year ended 5 April 2025 (2024: £nil).

The Trust operates 5 Gospel Halls and Trustees are chosen from among the regular congregation of the halls. New Trustees are nominated by the existing Trustees or by the congregation and must be appointed by unanimous resolution of the congregation. They are selected according to their skills and experience and are expected to use both in furthering the objects of the Charity. Checks are made to ensure the Trustees’ eligibility to act and incoming Trustees are made aware of their responsibilities by the existing Trustees, who ensure that new Trustees read the Trust Deed and relevant Charity Commission guidance.

Wider network

The Trustees maintain informal links with similar charities with a view to pooling experience considered useful in pursuing the objects of the Charity. The Charity also maintains particular links with Heath Gospel Hall Trust and Kesgrave Gospel Hall Trust, with which it shares members of its congregation.

Risk management

The Trustees have identified and reviewed the major risks to which the Charity is exposed and confirm that they have established systems or procedures to manage and mitigate those risks.

Objectives and activities

Objectives and aims

The charitable purposes of the Charity are the advancement of the Christian religion for the public benefit, including by the carrying on of the service of God in accordance with the Old and New Testaments of the Holy Bible as followed by those Christians forming part of the world-wide fellowship known as the Plymouth Brethren Christian Church (the “Brethren”) and any other charitable purposes connected with Brethren. The core doctrine of the Brethren and proper practices in furtherance of certain aspects of doctrine are summarised in two schedules to the Trust Deed.

Public benefit

The Trustees confirm that they have complied with their duty under section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance to charities on public benefit.

4

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Report of the Trustees (Cont’d) For the year ended 5 April 2025

Main activities and achievements

The Trust provides and maintains 5 Gospel Halls where religious meetings are held by the local Brethren community. One of the halls is owned by the charity and 4 are owned by Heath Gospel Hall Trust, for whom services are 100% provided for by the charity (see ‘Donated Services’ in financial section). Details of the origins, teachings and way of life of the Brethren can be found on the website - www.plymouthbrethrenchristianchurch.org and in the schedules to the Trust Deed.

The Trust’s main achievements this year has been to continue to open the halls to the congregation and visitors, and encouraging good works by them which benefit the wider community, such donating to food banks and gifting to a local Parish Council for litter picking equipment.

Plans for Future Periods

Despite the increased cost of energy, the trustees feel that these increased costs are not significantly impacting on the ability of the charity to continue as a going concern.

Impairment of Gospel Hall

During the year, the trustees undertook a review of the carrying value of the Gospel Hall in light of current market conditions. The review determined that the recoverable amount of the property was £250,000 lower than its carrying amount.

In accordance with FRS102 Section 27 and the Charities SORP, an impairment loss of £250,000 has been recognised in the Statement of Financial Activities for the year ended 5 April 2025. The carrying value of the Gospel Hall has been reduced to reflect this revised assessment. Following the impairment, the Gospel Hall is carried at a revised net book value of £2,566,545 at the balance sheet date.

Meetings

Meetings held at the Gospel halls would normally include the Lord's Supper (Communion), Gospel preachings, Bible readings and Bible addresses. There is a structured weekly schedule of meetings and, depending on the particular meeting, between 40 and 400 people normally attend these occasions.

The meetings are attended by the regular congregation and most are open to other properly disposed visitors. The notice board outside the Hall welcomes visitors and displays the times of Gospel preachings, along with a telephone number for those seeking further information or help. Gospel tracts, which are distributed by street preachers, also display this information.

Bibles and an extensive range of other Christian reading material are on display at the halls and visitors are free to help themselves.

Spreading the Gospel message and the life of a Christian

The Gospel Halls are a base from which the regular congregation and others who attend the meetings are encouraged to spread the Christian Gospel, in word and deed.

Members of the congregation participate in a programme of street preaching and Gospel tracts are provided free of charge by the Charity to such preachers to be handed out to interested members of the public.

5

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Report of the Trustees (Cont’d) For the year ended 5 April 2025

In addition to street preaching and the other activities already listed in the ‘ Main activities and achievements ’ section above, members of the congregation: maintain links with hospital and prison chaplains to provide Christian literature, provide volunteer labour to support local community needs e.g. litter picking etc. and work with Rapid Relief Team (a separate charity) to provide food packs and provide support for charity events.

In carrying out this work, the congregation considers itself to be living out its faith in practice, as particularly exemplified in the following extract from the schedule to the Trust Deed on living a Christian life:

Funding

Funding is sought through gifts from the congregation and Gift Aid is claimed on eligible donations. Funding is sometimes received from other charitable trusts with complementary objectives.

Financial review

Financial position

In the year ended 5 April 2025, the Trust had a modest surplus of incoming resources over resources expended. Total income received this year was £307,466 (2024: £191,355), and total voluntary income was £290,224 compared to £184,868 in the previous year.

All funds held were unrestricted funds.

6

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Report of the Trustees (Cont’d) For the year ended 5 April 2025

Reserves policy

The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs, based on its size and the level of its financial commitments. The main objective of the accumulation of these reserves is for the provision of an additional small meeting hall that is needed to accommodate the growing congregation. Beyond this, the Trust’s regular outgoings are minimal, and it has no employees. Accordingly, in addition to the main objective already mentioned, the Trustees have decided to adopt a policy of maintaining sufficient reserves to meet outstanding loans and any unexpected needs as they arise. The congregation is kept regularly informed as to particular needs for funds, and other relevant matters and the Trustees aim to ensure that the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure, by raising a funds appeal to the congregation.

Free reserves at the year end were £592,870 (2024: £437,183)

Statement of Trustees’ responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. All transactions have been reviewed and approved by two trustees.

On behalf of the Board:

Tim Carlyon Trustee

1/6/2026

Date: ...........................................

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Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Independent Examiner’s report to the Trustees For the year ended 5 April 2025

I report to the trustees on my examination of the accounts of Bacton Gospel Hall Trust for the year ending 5 April 2025.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

BASIS OF THE INDEPENDENT EXAMINERS REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 you as trustees concerning any 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 EXAMINER’S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; Or

  2. The accounts do not accord with those records; or

  3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sherlocks Chartered Accountants Mike Prior FCA 13 Plantation Way Whitehill 1/6/2026 Hants GU35 9HD

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Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Statement of Financial Activities For the year ended 5 April 2025

Notes
Income and endowments from:
Donations and legacies:
Collections
Contributions from the congregation
Gift Aid donations
Income tax refunds
Other donations
Payroll giving
Grants from other trusts
Investments
Bank interest
Other - Profit on sale of asset
Total
Expenditure on:
Charitable activities
Running meeting rooms
Other charitable activities
Cost of donated services
4
Total
5
Net income/(expenditure)
Gains/(losses) on sale of fixed assets
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
Total
funds 2025
Total
funds 2024
£
£
£
88,889
88,889
48,740
81,853
81,853
90,599
34,925
34,925
33,965
8,731
8,731
8,491
0
0
0
3,073
3,073
3,073
72,753
72,753
0
0
17,242
17,242
6,487
0
0
0
307,466
307,466
191,355
452,623
452,623
132,441
1,714
1,714
12,613
14,231
14,231
12,825
468,568
468,568
157,879
(161,102)
(161,102)
33,476
0
0
0
(161,102)
(161,102)
33,476
3,321,123
3,321,123
3,287,647
3,160,021
3,160,021
3,321,123

The notes on pages 11 to 17 form part of these financial statements. All of the above activities are classed as continuing and there are no gains and losses other than those included above.

9

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Balance Sheet

For the year ended 5 April 2025

Notes
Fixed assets
Intangible assets
Tangible fixed assets
6
Current assets
Debtors:
Loans
Prepayments and accrued income
8
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one year:
Other creditors
Accruals and deferred income
Loans
9
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one
year:
CGHT Loan
9
Net assets
10
Funds
Unrestricted income fund
Restricted funds
Total unrestricted and charity funds
11		 0
2,567,151		 2025
£


2,567,151







592,870		 0
2,883,940		 2024
£


2,883,940







437,183
8,731
585,639

8,491
478,525
594,370
0
0
1,500
0		 487,016
0
0
1,500
48,333










3,160,021
0		 3,321,123
0
3,160,021 3,321,123
3,160,021
0		 3,321,123
0
3,160,021 3,321,123

The unaudited financial statements were approved and authorised for issue by the Trustees of Bacton Gospel Hall Trust on and signed on their behalf by 1/6/2026

Tim Carlyon

Trustee

The notes on pages 11 to 17 form part of these financial statements

10

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Notes to the Financial Statements For the year ended 5 April 2025

1. Accounting policies

1.1 Basis of financial statements

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and incorporating update bulletins 1 and 2, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and UK Generally Accepted Accounting Practice.

The functional currency of the charity is sterling (£).

The Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

1.2 Income

Donations are recognised in the year in which there is entitlement and probability of receipt and the amount can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future year. Gift aid is added to the value of the donation to which it relates.

Donated services are recognised as income and expenditure in the financial statements when organisations or individuals offer their services and support pro bono. The value of these donated services to Bacton Gospel Hall Trust is considered to be equal to market value which would be paid were the service formally procured. This includes services paid for by other trusts. Investment income is accounted for on a receivable basis.

1.3 Expenditure

Expenditure is included on an accruals basis. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Charitable activities comprise those costs directly attributable to the fulfilment of the charitable objects.

1.4 Governance and support costs

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and costs related to statutory requirements. Governance and support costs are allocated to charitable activities on the basis of capacity used.

1.5 Tangible fixed assets and depreciation

Tangible fixed assets (costing more than £1000) are stated at cost less depreciation. Freehold land is not depreciated. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:

Freehold buildings 2% straight line Temporary buildings 20% straight line Fixtures and Fittings 10% straight line

11

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Notes to the Financial Statements For the year ended 5 April 2025

1.6 Taxation

The Trust is a registered charity and is not liable to United Kingdom income or corporation tax on charitable activities, provided income falls within the charitable exemptions and is spent on charitable purposes.

1.7 Funds

The general unrestricted fund is free for the Trustees to use for any purposes in furtherance of the trust’s charitable objects.

Restricted funds arise from donations to the trust, which are made for a specific purpose. Restricted funds can only be used for the purpose for which funds were given. An example of this is that a donor may want their donation to be passed on to a charity of their choice.

1.8 Going concern

The Trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

1.9 Significant estimates and judgements

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

2. Trustees’ remuneration and expenses

No Trustees received any remuneration or other benefits from an employment with the charity and one Trustee was reimbursed for expenses incurred on behalf of the trust totalling £61 (2024: None).

3. Wages and salaries

There are no employees (2024: none).

4. Donated services

Donated to:
Heath Gospel Hall Trust
Kesgrave Gospel Hall Trust		 2025
£
10,502
3,729
14,231		 2024
£
8,878
3,947
12,825

12

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Notes to the Financial Statements For the year ended 5 April 2025

5.
Resources expended
Current Year Meeting Other
charitable		 2025
rooms activities
£ £ £
Direct costs:
Insurance 2,880 0 2,880
Repairs & Maintenance 12,555 12,555
IT costs 0 0 0
Utilities 22,586 22,586
Donations 0 0 0
Activity costs 87,058 1,714 88,772
Impairment of hall 250,000 0 250,000
Legal fees 9,195 0 9,195
Depreciation 66,789 0 66,789
Governance costs 1,560
 0 1,560
452,623 1,714 454,337
Donated services (see above) 14,231 14,231
452,623 15,945 468,568
Prior Year Meeting Other
charitable		 2024
rooms activities
£ £ £
Direct costs:
Insurance 3,000 0 3,000
Repairs & Maintenance 12,582 0 12,582
IT costs 0 0 0
Utilities 27,175 0 27,175
Donations 0 3,933 3,933
Activity costs 15,024 8,680 23,704
Impairment of hall 0 0 0
Legal fees 5,880 0 5,880
Depreciation 65,880 0 65,880
Governance costs 2,900
 0 2,900
132,441 12,613 145,054
Donated services (see above) 12,825 12,825
132,441 25,438 157,879

Governance costs include £1560 (2024: £2900) in respect of independent examiner’s fees.

13

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Notes to the Financial Statements For the year ended 5 April 2025

6. Fixed assets

Cost
B/f at 06/04/2023
Additions
Impairment
At 5 April 2024
Depreciation
B/f at 06/04/2023
Charge for the year
Disposals
At 5 April 2024
Net book value
At 5 April 2024
At 5 April 2023
Property details:		 Freehold
Property
3,109,778
0
(250,000)
2,859,778
229,375
63,858
0
293,233
2,566,545
2,880,403
SK345453		 Temporary
Buildings
10,605
0
(10,605)
0
8,484
2,121
(10,605)
0
0
2,121		 Equipment
3,168
0
0
3,168
1,752
810
0
2,562
606
1,416		 Total
3,123,551
0
(260,605)
2,862,946
239,611
66,789
(10,605)
295,795
2,567,151
2,883,940

7. Impairment of Gospel Hall

During the year, the trustees undertook a review of the carrying value of the Gospel Hall in light of current market conditions. The review determined that the recoverable amount of the property was £250,000 lower than its carrying amount.

In accordance with FRS102 Section 27 and the Charities SORP, an impairment loss of £250,000 has been recognised in the Statement of Financial Activities for the year ended 5 April 2025. The carrying value of the Gospel Hall has been reduced to reflect this revised assessment. Following the impairment, the Gospel Hall is carried at a revised net book value of £2,566,545 at the balance sheet date.

8.
Prepayments and accrued income
HMRC Gift aid refund
TOTAL		 2025
£
8,731
8,731		 2024
£
8,491
8,491

14

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Notes to the Financial Statements For the year ended 5 April 2025

9. Loans

Church & Gospel Hall Trust
Private loan
TOTAL		 2025
£
0
0
0		 2024
£
8,333
40,000
48,333

10. Analysis of net assets between funds

10.1 Current year

Fixed assets
Current assets
Current liabilities
Long term liabilities
Total funds
10.2
Prior year
Fixed assets
Current assets
Current liabilities
Long term liabilities
Total funds		 Unrestricted
funds
£
2,567,151
594,370
(1,500)
0
3,160,021
Unrestricted
funds
£
2,883,940
487,016
(49,833)
0
3,321,123		 Restricted
funds
£
0
0
0
0
0
Restricted
funds
£
0
0
0
0
0		 Total
£
2,567,151
594,370
(1,500)
0
3,160,021
Total
£
2,883,940
487,016
(49,833)
0
3,321,123

15

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Notes to the Financial Statements For the year ended 5 April 2025

11. Movement in funds

11.1
Current year
Designated funds
Unrestricted funds
Total funds
11.2
Prior year
Designated funds
Unrestricted funds
Total funds		 Balance at
6 April
2024
£
0
3,321,123
3,321,123
Balance at
6 April
2023
£
0
3,287,647
3,288,662		 Incoming
resources
£
0
307,466
307,466
Incoming
resources
£
0
191,355
191,355		 Resources
expended
£
0
(468,568)
(468,568)
Resources
expended
£
0
(157,879)
(158,894)		 Realised/
unrealised
gains and
losses
£
0
0
0
Realised/
unrealised
gains and
losses
£
0
0
0		 Balance
at 5 April
2025
£
0
3,160,021
3,160,021
Balance
at 5 April
2024
£
0
3,321,123
3,321,123

12. Transactions with related parties

During the year there were donations totalling £76,378 (2024: £83,185) from persons related to the Trustees, and from Trustees and businesses controlled by them.

There was also a short term interest free loan of £75,000 from a business controlled by a Trustee that was repaid during the year.

13. Volunteers

Bacton Gospel Hall Trust relies entirely on volunteers to carry out the management, administration and general maintenance work. The Trust has no paid staff or paid Trustees.

16

Docusign Envelope ID: 35F5F11D-6794-415E-B6A9-4DB6AFD437BC

Bacton Gospel Hall Trust

Notes to the Financial Statements For the year ended 5 April 2025

14. Comparative Statement of Financial Activities

Notes
Income and endowments from:
Donations and legacies:
Collections
Contributions from the congregation
Gift Aid donations
Income tax refunds
Other donations
Payroll giving
Grants from other trusts
Investments
Bank interest
Other - Profit on sale of asset
Total
Expenditure on:
Charitable activities
Running meeting rooms
Other charitable activities
Cost of donated services
4
Total
5
Net income/(expenditure)
Gains/(losses) on sale of fixed assets
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
Total funds
2024
£
£
48,740
48,740
90,599
90,599
33,965
33,965
8,491
8,491
0
0
3,073
3,073
0
0
6,487
6,487
0
0
191,355
191,355
132,441
132,441
12,613
12,613
12,825
12,825
157,879
157,879
33,476
33,476
0
0
33,476
33,476
3,287,647
3,287,647
3,321,123
3,321,123

17