Company number 09146985 Charity Number 1160700 Concern Wadebridge (A Company Limited by Guarantee) Unaudited Report and Financial Statements 31 March 2025 I PVOCI ON
Concern Wadebrldge Reports and accounts Contents Pago(sl Legal and adminislrative information Trustees, report Independent examiner's report Statement of comprehensive income Istalement of financial activities including income and expenditure account) Statement of financial position Notes to the accounts Detailed profit and loss account (not part of the slalutory accounts) 10-16 17-18
Concern Wadebridge Report of tho Trustees for the year ended 31st March 2025 Legal and administrative information Charity name., Concem wadebTge (Trading as the 8ety.eman Centrel Charfty registration number: 1160700 Company reg5stratlon 09146985 Registèrèd office and operatlonal address: The John Betjeman Centre Southemway Wadebridge Cornw811 PL27 7BX Truslees l Dlrectors: D M Larkin P E Brocklebank J E Hulme J L Pomeroy E A Osborne M Butler E M Carkeek S Knighlley Bankers CCLA PO Box 12892 Dunmow Essex, CM6 9DL Lloyds Bank Swansea Osc Epona House Pheonix Way Swansea SA7 9HG
Concern Wadebridge Report of the Trustees for the year ended 31 st Mah 2025 The Trustees. who are also Dlrectors for the purposes of the Companies Act, present their Annual Report and financial ststements of Concern Wadebridge Ilhe Charityl for the year ended 31st March 2025. The Trustees confirm that the annual report and financial ststemenls of the Charity comply with Current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice ISORPI 'Accounling and Reporting by Charities under FRS102" effective 1 st January 2015. Status and Adrninistratlon Concem Wadebridge is a charitable company limiled by guarantee, incorporated on 24th July 2014 {company number 091469851 and registered wth the Charity Commissioners as a charity in February 2015 (charity registration number 11607001. The goveming document is the Memorandum and Articles of Association. Governance and organlsatlon of the Charlty The Board of Trustees is the governing body of the Charily and determines the policy of the Charity. It is also responsible for the overall management of the Charity and for ensuring that Charity Policies are implemented by the staff. The Board of Trustees meets regularly and has an active role in the activities of the Charity. New Trustees are appointed by the Board of Trustees. Indudion and Training of Trustees.. procedures for recruiting and training Trustees are in place. The Board of Trustees aims lo ensure that ils membership is appropriate to the work of Concern Wadebridge and that any new Trustees add lo Ihe Board's diversity, skills and experien. The Charity is njn on a voluntary basis with the Trustees receiving r¢0 remuneration for their seNice. Training of Trustees lakes place as required. A Manager was iaken on fulllime from 1st April 2016, since then changes of staff have taken place through resignations. Covid lockdown and inereased requirements. In April 2022 a new manager was appointed with an assistant in August and business has steadily increased throughout the years. The Charity continues to maintain good relationships with other voluntary organisalions. statutory aulhoriliès and private businesseg in the area. Rlsk Management The Charity is subject lo the usual risks of any organisalion and has in Pla sufficient controls lo reduce the risk. Financial information is regularty piesenled and explained lo the TrusleeslDirectors at monthly meetings, as well as the Chair. Secretary and Treasurer meeting with the Manager. The Trustees regularly identify and review risks when preparing the annual strategic plan which includes financial, operational and compliance risks. The Charity is satisfied that adequate systems are in place to mitigate it's exposure to risk. A full review of all Policies was undertaken during 2024 the yeaf and Procedures are reviewed regularly.
Concern Wadebridge Report of the Trustees for the year ended 31st March 2025 Volunteers The volunleeTS are required lo work with vulnerable adults al times. the policy is that workers are never unaccompanied and all volunteers have adequate training and discussions aboijl potential Problems. DBS checks have been undertaken on all the Trustees and on Staff and Volunteers where requiTed. Investments The Charity's investment powers are govemed by the Memorandum of Association. The Iruslees continue to review the investments of the charity which are now held in ineome providing Funds, a large proportion of the investments were used for the rebuilding and renovations programme. The investment is held th the CCLA- Charities Deposit Fund 25Q/o Charities Investment Fund 75%. Objocts of th• ¢harty The Obpcls of the Charity are set oul in the Memorandum and Articles of Association. The CharitS objects are specifically $tricted lo promoting the welfare of those persons aged 50 years and over, in any manner dèemed by law to be tharilable. within Wadebridge and District. To maximise the use of the existing buildings and facilities for the benefit of the local populats'on, by providing services lo older and older disabled people that are not easily acCeSsbIe or provided by existing Social and Health Car& Providers Istalulory and Volunlaryl.
Concern Wadebridge Report of the Trustees for the year ended 31 st March 2025 Main a¢tiviti?s of the charity The Centre continues to see a marked in¢reage in business. much of Nthich can be attributed to the new manager and slaff, who are dedicated and enthusiastic aboLrt the work of the Centre. In May 2023 the Centre became a recognised 'Community Hub, by Volunteer Cornwall and this has brought extra funding providing we continue lo stay open 5 days a week. At weekends and èvenings the building is hired out to local organisations for uses Ltnrelaled lo our charity's activrties, the income being an important part of our income. These organisations frequ8nlly relate to our own market and include.. Wadebridge Memory Café, Carerfs Groups, Church of England Services, Mental Health Groups, Hospice Care, Parkinson's, Stroke. Fool and Hearing Care Groups as well as private functions. We provide a number of classes to our members ranging from Zumba to Tea Dances. U3A a very active four days a week either mornings or afternoons, providing classes such as.. Computer Stvdies, Card Making, French, Italian. Chess and Art. Mah-jong and Table Tennis. Improvements lo all areas of the building are reviewed regularly lo ensure that they are up to dale, meet Health and Safety regulations and comply with Accessibility requirements and are more widely available to our service groups ènd passing visilots. We hereby confim that we have fully complied with section 17151 of the Charities Act 2011 requiring trustees lo have regard to the guidan published by the Charity Commission on public benefit. The Charity does not have a policy or intention lo provide Grants. The Charity maintains a bank current and interest bearing deposit account 8nd longer-lerm investment funds with the CCLA. which are invested in the open market and provide income. Since the major rebuilding and renovation in 2018, the toilets and kitchen have recenlly been completely upgraded to create an improved welcoming environmerbl for the Centre. Subsequent lo the increase in staffing costs of the Manager, Assistant and Cooks, as was anticipated, expenditure did exceed income until Ihe plans foi increased business became effective. Those plans have now brought a good impmvemenl in our income and despite costs increasing the future now points towards a 'trading' SLtrplus bein9 achieved. Our large group of volunteers work tirelessly for the benefit of the organisalion without any financial reward. We are extremely grateful for the many hours given fr8ely and wllingly lo help us meet our objectives and create a friendly and welcoming environment. The Directors wish lo thank all volunteers and we endeavour to Make them feel valued and an important part of the charity.
Concern Wadebridge Report of the Trustees for the yèar ended 31st March 2025 Achievements and perfomiance fof yoar Incoming Resources from our Charitable Activities decreased by £3,949 13.4Vvl to £112,408. This reduction was due minibus being sold reducing hire income by £2,037. shopping seryice ceasing by £1,611, and Fundraising down by £7,275; these redL¢Ctions were offset by a good increase in Cafe sales by £7,122 {110/.l. There was also a good increase in room rentsl increased by £4,382 {100/0l,- these increases together with bequests, grants and donations 1£59,2201 gave a total income of £229,572 for the year 12024 £209.4371. Al the same time most costs were well controlled wlh outgoing resources, excluding deprecièlion, increased by 100/0 10 £196,53512024 £178,162). This increase in costs was due to extemal work lo Ihe grounds costing £10.000 and large repairs £12,374. Tho resulting overall shortfall £8,130 (excluding investment loss) was entirely due to these exception81 expenditure items. Tribute should be paid to the new manager and staff who have worked extremely hard lo achieve these resutts by expanding the buslness and welcoming and helping the people in the Wadebrldge community. Res&rves Policy Reserves have been carefully monitored during the current fluctuating economic limes and we are mindful that any planned use of Reserves is carefully controlled, monitored and bring some financial benefit. Due lo impTovemenl in business a revised Reserves Policy has been drawn up to reflect the changed needs and assesses the level held by calculating as follows.. 1. 6 rnonlhs of the average Annual Expendilure forecast. 2. To meet any shortfall of Expenditure over Income, foreeast for the next 2 years. 3. To take into account possible downward market fluctuations of 100/, 4. To meet a percentage of planned capital and replacement expenditure over the 12 months. The relevant amounts al 31 March 2025 are.. 1. £100,000.. 2. £20,000= 3. £30.000.. 4. £50,000.. lotslling £200,000. As at th8 year-end, unrestricted reserves invested with CCLA lotslled £201,000.
Concern Wadebridge Report of the Trustees for the year ended 31st March 2025 Trustees Rèsponslbllltles The Trustees (who are also Directors of Concern Wadebridge for purposes of company law} are responsible for preparing the Iruslees, report and financial statements in accordance with applicable law and with United Kingdom Generally Accepted Accounting Practice. Company law requires the Iruslees lo ensure th81 financial ststements for each financial year are prepared which give a true and fair view of the slate of affairs of the charitable company and Ihe incoming resources and application of resources, including income and expenditure. of the chan18ble company for that period. In preparing those financial slalemenls, the Trustees are required to= .Select suitable accounting policies and then apply them consistently-, .Observe the methods and principles in the Charities SORP., .Make judgements and estimates that are responsible and prudent- . Stale whether FRS102 and statements of recommended Practice have been followed subiect to any departures disclosed and explained in the financial slalements., and .PTepare the financial statements ori the going concem basis unless il is inappropriate to presume that the charity will continue in busines5. The Truslees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable companys website. Legislats"on in the Untied Kingdom govefning the preparation and dissemination of financial statements may differ from legislation in olherjurisdictions. This report has been prepared in accordance with section 419121 of the Companies Act 2006 applicable lo companies subpcl to the small companies. regime. Approved by the Board of Trustees on... .and signed on ils behalf by... Namè.. Position.. Chair of trustees
Concern Wadebridge Independent Examiners Report to the trustees of Concern Wadebrfdge I report on the accounts of the company for the year ended 31st March 2025. which are sel out on pages 8 to 16. Responsibillties and basis of roport As the charity's trustees of the company {and also its directors for the purposes of company lawl you are responsible for the preparabon of the 8ccounls in accordance with the requirements of th Companies Act 20061.the 2006 Act'l. Having satisfied myself that the accounts of the company are not required ID be audited Under Part 16 01 the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 Ilhe '2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5llbl of the 2011 Act. Independent examinerfs report I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. 1 } accounting records were not kept in respect of the company as required by section 386 of Ihe 2006 Act., or 21 the aCCOLtnts do not accord with those accounling records., or 31 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fairf view whith is not a matter considered as part of an independent examination., or 4} the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters in connection with the examination lo which attention shoLtld be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr J A Tamblyn FCA Trudgeon Halling Chartered Accounlanls The Platt Wadebridge Cornwall PL27 7AE Dale:
on¢ern Wadebrldge Statem•nt of Comprehensiv• Income (fornierly Ststement of Financial Activities ( Including the Income and Expenditure Account )} for the year ended 31 March 2025 Total Total Unr•strlct•d Designated Restricted Funds Funds Funds 2025 2024 Not•$ Income and endowments from: Donations and legacies Charitable activities Investmenls Other 39,220 159,892 10.460 20,000 59,220 159,892 10.460 40,575 159,459 9,403 3&4 Totsl in¢omlng resour¢és 209.572 20,000 229,572 209,437 Expenditure on: Charitable activities Governance costs Total Tesour¢es expended 224,192 4,948 229,140 8,562 232,754 4.948 237.702 192,135 4,489 196,624 8,562 Net gain l {loss) on investments Net Income l (expendlture} 19,826) 129,3941 19,8261 117.9561 17,508 30,321 11.438 Transfer between funds Net movement in funds {29.394} 11.438 117,956 30,321 Reconcilialion of funds.. Total funds brought forward Total funds carriod forward 1,057,128 1,027,734 2,256 13,694 1,059,384 1,041,428 1,029,063 1,059,384 All gains and losses recognised in the year are included in the Statement of Comprehensive Income. All income and expenditure derive from CODlinuing activities. The Statement of Comprehensive Income also complies with the requirement for an income and expenditure account under the Companies Act 2006
Con¢ern Wadebridge ststement of Financial Position as at 31 March 2025 Company number 09146985 Charity number 1160700 Notes 2025 2024 Flx¢d assets Tangible assets 10 751,005 733.607 Current assets Stocks Debtors Investments held as current assets Cash al bank and in hand 500 1,285 500 1.529 12 201.091 92.095 294,971 210,918 118,270 331,217 Creditors: amounls falling due within one yèar 13 {4,549) {5.439) Net ¢urrent assets 290.422 325,778 Net assets 1.041.428 1,059,384 Funds Unreslricted revaluation reserve Unrestricted revenue accumulated funds Restricted funds Tolal ¢harlty funds 16 114.653 124.480 17 913.081 13,694 1.041.428 932,649 2,256 1,059,384 The Trustee5' are satisfied that the charitable company is enlitled to exemption from the raquiremenl lo obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance wth section 476 of the Act. The trustees I directors acknowledge their responsibilities for complying wilh the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to Ihe small companies regime. Mr Paul Brocklebank Treasurer Approved by Ihe board on ....... The notes on pages 10 to 16 form part of these financial stalements.
Concern Wadebrldge Notes to the Accounts for the year ended 31 March 2025 1 Accounling policiès Basis of preparation The financial statements have been prepared in accordance wilh the Companies Act 2006 and the Charities Act 2011.They have also been prepared in compliance with the Statement of Recommended Praclice"Accounling and Reporting by Charities. ISORP FRS1021 and FRS102. the Financial Reporting Standard applicable in the UK and republic of Ireland. Concem Wadebridge is a publi¢ benefit entity- The financial statements have been prepared on a going concern basis under the historical cost convention as modified by the revaluation of current asset inveslments. The trustees confirm that there are no material uncertainties Tegarding the chariws ability to continue as a going wncem. The financial statements are prepared in sterling, which is the functional currency of the entity. Incomlng resources Grants, donations and bequests are recognised in full in the Statement of Financial Activities in Ihe year in which they are receivable. Government grants are recognised under the performance model. Rental income is included in the Statement of Financial Activities on a receivable basis. Investment income is included when receivable. Rosources Expended Liabilities are recognised as resources expended where there is a legal or constructive obligation committing the charity lo the expenditure. All expenditure is accounted for on an accruals basis and includes the attributable value added tax which cannot be recovered. Charitable expendilure comprises those costs incurred by the charity in the delivery of its activities and services for ils beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nalure necessary lo support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of Ihe charity and include independent examination fees and costs linked lo Ihe slrategic management of the charity. All costs are allocated beeen the expenditure categories of the Statement of Financial Activity on a basis designed lo reflect the use of the resource. Cost relating to a particular activity are allocaled directly, others are apportioned on an appropriate basis. 10
Concern Wadebridge Notes to the Accounts for the year ended 31 March 2025 Accumulated funds Unrestricted funds are incoming resources receivable or generated for the objeGt of the charity without further specified purpose and are available as general funds. Restricted funds are subject lo specific conditions by donors and grant making bodies as to how they may be used. The purpose and uses of any reslricled funds are sel out in the notes to the accounts. Unrealised and realised gains Realised gains and losses are included in the accounts on the date at which the contractual obligation is entered into. Unrealised gains and losses are computed by reference to the market value of the investments at the balance sheet date. compared to brought forward cost or valuation. The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in the furtherance of the object of the charity. Such funds may be held in order to finance both working capital and capital investment. Restricted funds are funds that are to be used in accordance with specific restrictions imposed by the donor, or have been raised by the charity for parbcular purposes. The aim and use of each restricted fund is set oul in Ihe notes lo Ihe financial slatemenls. Reserves are maintained by the charty at a level adequate lo maintain the current operations of the charity- Financial instruments A financial Asset or liability is recognised only when the charity become party to Ihe contractual provisions of the instruments. Basic financial instruments are initially recognised at the Iransaclion price, unless the arrangement constitutes a financing transaction, where it is recogni5ed at the present value of the future payments discounted al a market rate of interest for a similar debl instrument. Stocks stock is measured at the lower of cost and nel realisable value. Tangible flxed assets and depreciation All assels costing more that £400 are ¢apit81ised Depreciation has been provided at the following rales in order to write off the assets over their estimated useful lives. Land and buildings Equipment Motor vehicle 2014 Straight line 5°/¢ and 101Tr/0 straight line and 25 /0 reducing balance 250/ts reducing balance Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effeclive interest method, less any impairment losses for bad and doubtful debts.
Concern Wadebridge Notes to the Accounts for the year ended 31 March 2025 Creditors Short term creditors are measured al transaction price (which is usually the invoice price}. Loans and other financial liabilities are initially recognised at transaction price nel of any transaclion costs and subsequently measured at amort15ed cost determined using the effective interest method. Pensions Contributions to defined contribution plans are expensed in the period to which they relale. 2 Donatlons and legacle$ 2025 2024 Bequesls Donations Grants Sponsorship 8.699 12.461 38,060 8,860 10,117 21,588 10 59.220 40,575 2025 2024 Government grant5 received - Covid Support Cornwall Council Wadebridge Town Council DEFRA 3 Charitable activities 2025 2024 Access mini bus Access shopmobilty Cafe meals on wheels Centre activities Coach trips Feed in tariff Fundraising Hospital car Membership Refreshments Shopping delivery Sundry Shopping Service 1,014 8,195 3,051 9,916 850 1.156 2.579 21,601 2,667 28,876 27 5,6S4 63.171 140 77 1,611 116,357 7,871 70,293 112.408 4 Rental Income 2025 2024 Hire of centre 47.484 47,484 43.102 43,102 12
Concern Wadebridge Notes to the Accounts for Ihe year ended 31 March 2025 S Investments 2025 2024 COIF dividends received Interest receivable 5,736 4,724 10,460 5,624 3.779 9,403 Dlrect costs 6 Charltable a¢tlvllles Staff costs 2025 2024 Access minibus Access shopmobility Card sales Coach trips Feed in tsriff Refreshments Centre activities Hire of centre 7,579 10,229 419 7.579 20.093 419 18.711 13,966 895 9.864 1,811 56.254 2.858 54,968 134,118 1,811 100,641 2.858 99,354 232,754 699 74,145 7,308 76,408 192.131 44,386 44,386 98,636 Basis of allo¢alion Staff tlme Direct use 7 Governance costs 2025 2024 Independent examination Accountancy and bookkeeping 950 3.998 4,948 943 3,546 4.489 8 Staff Costs 2025 2024 Wages and salaries Social security costs Employer's pension contribution 93.047 3,944 1,645 98,636 90,388 3,542 1.419 95,349 The average weekly number of employees during the year, calculated on a full-time equivalent basis, was.. No employee received remuneration amounling to more than £60.000 in either year. Trustees received no remuneration or benefits in kind during the yeai £Nil12025 -£Nill. Expenses tolalling £Nil were paid to Trustees (2024 -£Nil). 13
Concern Wadebridge Notes to the Accounts for the year ended 31 March 2025 9 Taxa15on Concern Wadebridge is a registered charity. which applies its income for charitable purposes. As such, no provision is considered necessary for tsxalion. 10 Tanglble fixed a$$ets Plant and machinery etc Land and buildings Total Cost At 1 April 2024 Additions Disposals At 31 March 2025 854,402 90,481 54.138 (10.9561 133,663 944,883 54,138 (10,956) 988.065 854,402 Depreclatlon Al 1 April 2024 Charge for the year On disposals At 31 March 2025 150.906 16,728 60.371 11,304 12,249) 69.426 211,277 28,032 {2,249} 237.060 167,634 Net book value At 31 March 2025 686,768 64,237 751,005 At 31 March 2024 703,496 30.110 733,607 11 Debtors 2025 2024 Trade debtors Prepayments and accrued income 545 740 1.055 474 1,285 1.529 12 Investments held as current assets 2025 2024 Unlisted investments 201.091 210.918 The unlisted investments have been defined as a current asset investments due to the nature of the investments and the terms of withdrawal of funds from these investments. 14
Concern Wadebridge Notes to the Accounts for the year ended 31 March 2025 13 Credltors: amount$ falllng due wlthin one yoar 2025 2024 Trade creditors Accruals and deferred income 27 4.522 4,549 1,243 4,196 5,439 14 Movement in funds Incorning resour¢e$ and transfers Balan 1 Aprll 2024 Exp•ndtture and transfers 3alan¢g 31 March 2025 Restricted Funds Community Support wrc Nat'l Grid Lottery- Health & Welbeing WREN CTM S Minver Link Table 2,256 20,000 8,562 13,694 2,256 20,000 8,562 13,694 Unrestricted Funds General Funds 1.057.128 ,746 29. 40 1,027,734 Total Funds 1,059.384 219.746 237,702 1,041,428 During the financial period Iransfers of £Nil (2024..£Nil} were made from restricted funds lo general funds. 15
Concern Wadebrldge Notes to the Accounts for the year ended 31 March 2025 15 Analysis of nèt assèts betwèen funds Total funds 2025 Total Funds 2024 Unr•strl¢ted Re$trl¢ted Tangible fixed assets Stock Debtors Cash at bank and in hand Investments held as current assets 751,005 500 1,285 78,401 751,005 500 1,285 92.095 733,607 500 1.529 118,270 13,694 201,091 201,091 210,918 Credstors 4.551 1,027,731 4,551 1,041,428 5.439 1,059,384 13,694 16 Unrestricted revaluation reserve 2025 Al 1 April 2024 Arising on revaluation during the year Realised gain on sale of investment Al 31 March 2025 124.480 {9,827) 114,653 17 Charity funds 2025 At 1 April 2024 Loss for the year 934,905 18,1301 At 31 March 2025 926,775 Restricted funds Unrestricted funds 13,694 913,081 926,775 18 Ultimate controlling party The charitable company is controlled by the board of Trustees. 19 Other information Concern Wadebridge is a charitable Company limited by guarantee and incorporated in England. Its registered office i5= The Betjeman Centre Southernway Wadebridge Cornwall PL27 7BX 16
Concern Wadebridge Detalled profit and loss accounl for the year ended 31 March 2025 2025 2024 Incoming Resources Donatlons and legacles Bequests Donations Grants Sponsorship 8.699 12,461 38,060 8,860 10.117 21.588 10 59,220 40,575 Charitable activities Access minibus Access shopmobility Cafe meals on wheels Cenlre activities Feed in tariff Fundraising Hospital car Membership Refreshments Shopping delivery Sundry Shopping Service 1,014 8,195 3.051 9,916 11 1,156 2.667 28,876 27 5,654 63,171 140 77 1,611 116.357 850 2,579 21,601 7.871 70.293 112,408 Rental income Rent I hire of hall 47,484 47,484 43,102 43,102 Investments COIF dividends received Interest receivable 5,736 4,724 5.624 3.779 10.460 9,403 Total Receipts 229,572 209 437 17
Concern Wadebridge Detailed profit and loss aceounl for the year ended 31 March 2025 2025 2024 Outgolng resources Charltable Activhies Access Shopmobilty expènses Advertising Centre activities expendilure Comwall council rates Computers Equipment Depreciation Fundraising costs Cleaning Grant expenditure Insurance Inlerest Payable Minibus trips and repairs Admin expenses Legal and professional Licences Purchase refreshment stocks Repairs and maintenance Stalionery & printing Telephone & broadband utilities electric Utilities - gas Utilities water Wages & salaries Training 322 1,549 741 533 60 1,812 809 36,219 758 10,829 8.615 4.518 218 925 2,539 2,800 1.860 20,526 21,195 3,821 1,666 7,751 3,504 1.663 98.636 756 61 1,044 262 13,973 8.046 876 11,950 4,468 498 2,516 2,418 3.485 1,504 18,540 8,821 3,067 1,862 5,844 4.031 1,649 95,349 232,754 192,135 Governance cosls Independent examination l accountancy and bookkeeping 4.948 4,489 Total Payments 237.702 196,624 Net gain I Ilossl on investments (9,827) 17.508 Total gain l (loss 17.957 30,320 18