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2023-12-31-accounts

Charity registration number: 1161187

St Annes Hebrew Congregation CIO

Annual Report and Financial Statements for the Year Ended 31 December 2023

MJH Accountants Limited 129 Woodplumpton Road Fulwood Preston Lancashire PR2 3LF

St Annes Hebrew Congregation CIO

Contents

Strategic Report 1
Trustees' Report 2 to 5
Statement of Trustees' Responsibilities 6
Independent Examiner's Report 7 to 8
Statement of Financial Activities 9
Balance Sheet 10
Statement of Cash Flows 11
Notes to the Financial Statements 12 to 19

St Annes Hebrew Congregation CIO

Strategic Report for the Year Ended 31 December 2023

The trustees, present their strategic report for the year ended 31 December 2023, in compliance with s414C of the Companies Act 2006.

Achievements and performance

During 2023 the Charity continued to provide services and support to the Jewish community in Lytham St Annes and its surrounding area. In addition to Sabbaths, Festivals and other regular services, the Charity also hosted arange of special celebrations in the year.

Financial review

During the year the Charity's total income was £138,084 and the overall performance recorded a deficit of £2,261.

Throughout the year the Charity faced increases in both heat and light costs and in their insurance premium. These costs, coupled with an increase in wages in the year and repairs to the synagogue, led to the overall deficit.

Policy on reserves

The Trustees' policy is that the "free reserves", being cash reserves less total restricted funds, should be retained at a level sufficient to meet the operating costs for the next 12 months. As at 31st December 2023, these reserves amounted to -£16,305 (2022: -£6,195).

This deficit is funded by loans from the restricted funds, which have sufficient residual funds to meet current liabilities.

The Charity’s income is almost totally from membership fees. The Trustees have a restricted ability to encourage new members. Membership numbers are likely to fall in the future due to the current age profile. Currently the fees are already high and it is not feasible to raise them any further.

Operational expenses are regularly reviewed to identify any cost savings which could be made. The principal costs arise from employee salaries and energy costs.

Salaries are fair but restrained as much as possible, a reduced headcount would likely be the first option in significantly reducing expenditure.

In common with most businesses, energy costs have been subject to exceptional inflation over recent years, however, the Trustees work hard on contract renewals to ensure they obtain the very best deals from the available options. Energy usage is kept to a minimum by restricting the temperature in the building and reminding people to conserve energy when not needed.

As a fall-back option, the General Fund is asset-rich and should the need arise, assets can be sold to compensate the restricted funds.

The principal asset that could eventually be sold is the Rabbi’s house. The current market value is £300,000.

The strategic report was approved by the trustees of the Charity on 10 July 2024 and signed on its behalf by:

......................................... Mr H Lipman Trustee

Page 1

St Annes Hebrew Congregation CIO

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2023.

Objectives and activities

Objects and aims

The objects of the Charity are to cater for the religious requirements generally of the Jewish inhabitants of Lytham St. Annes and surrounding districts, and in particular, to provide its members, and where appropriate for others, the normal facilities of a Synagogue in accordance with Jewish Orthodox tradition, principally:

a) Religious services on weekdays, Sabbaths, and Holy days;

b) Pastoral services;

c) Educational facilities;

d) Facilities for burial of the dead; e) Facilities for marriages;

f) Communal social events as appropriate;

g) Facilities offered for private social events;

h) Support for those in need where appropriate, through other charitable bodies;

i) Interfaith activities;

j) School visits.

Page 2

St Annes Hebrew Congregation CIO

Trustees' Report

Objectives, strategies and activities

The Synagogue provides religious guidance and pastoral care for both the membership and the wider Jewish community. Being an ageing community the demands can be quite substantial. In addition the synagogue via the Rabbi undertakes interfaith projects to foster understanding and goodwill between the various religions not just in the Fylde but across the Lancashire area. We actively invite various representatives of non-Jewish faiths to the Synagogue to observe services and to talk to our members to help gain an understanding of the Jewish faith.

During the year numerous schools arrange visits to the Synagogue where the Rabbi or other representative will explain the basis of the religion and the significance of various parts of the service.

Up until about seven years ago Blackpool Council used to host Holocaust Memorial Day but now the St Annes Synagogue has taken on the mantel of hosting this important event where over a 100 people, Jewish and non-Jewish, each year from all around the region join us in this act of learning and remembrance. Various schools undertake projects associated with the Holocaust and take part in this moving and poignant event.

The Rabbi and members of the community also take part in Remembrance Sunday and we have had many positive comments from attendees of all faiths.

Each year we are hosted by St Annes Council at the Town Hall for a communal lighting of Chanukah candles which marks the rededication of the temple in Jerusalem in 2nd century BC. Various people from the local community are invited.

Jewish funerals are governed by strict Jewish laws and the Synagogue is responsible for ensuring that these are adhered to. Funerals are carried out for both members and Jewish non-members.

During a typical year various community events are organised from barbecues to games afternoons and invited speakers. We have an extremely active and vibrant Ladies Circle who proactively organise various events year round.

In most years we will host a day for injured Jewish service personnel who would be visiting from Israel. This is organised by a community in Manchester but a number of Synagogues around the country will host them for a day by showing them various aspects of local life and providing meals and entertainment. Our Synagogue would fund the day that we host by various donations from members of our community.

We have a dedicated Welfare officer who visits various members of the community for the purpose of fellowship and the more mundane tasks such as shopping on their behalf.

Public benefit

In addition to providing the above service to the Jewish community, the Charity welcome the general public to all its Sabbaths and festival services conducted at the Synagogue. The Charity promotes interfaith awareness among the general public through better understanding of the practice of Judaism.

The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Structure, governance and management

Nature of governing document

The Synagogue was operated as an unregistered Charity. It adopted a new constitution on 17th December 2014, and with this became a Charitable Incorporated Organisation (CIO) registered by the Charity Commission on 7th April 2015. This is a new and seperate legal entity compared to the Synagogue's previous status, although this new entity retained the same name of St. Annes Hebrew Congregation.

Page 3

St Annes Hebrew Congregation CIO

Trustees' Report

Recruitment and appointment of trustees

As set out in the 2014 constitution, there shall be at least three trustees. Every trustee will be appointed in accordance with part 13 of the constitution document.

In selecting persons to be appointed, the trustees shall take into account the benefits of appointing a person by virtue of his or her personal qualifications to make a contribution to the pursuit of the objectives of the Charity.

Reference and Administrative Details

Trustees Mr. N Harris (resigned 1 February 2024) Mr. L H Caro (resigned 26 February 2024) Mr. M Brody Mr H Lipman Senior Management Team Mr. R Pinkus, President Mr. Glass, Treasurer Mrs M. Morris, Vice president Principal Office The Synagogue 38 Orchard Road Lytham St. Annes Lancashire FY8 1PF The Charity is incorporated in England. Charity Registration Number 1161187 Bankers TSB Bank PLC 305 Garstang Road Fulwood Preston PR2 9XJ Independent Examiner MJH Accountants Limited 129 Woodplumpton Road Fulwood Preston Lancashire PR2 3LF

Page 4

St Annes Hebrew Congregation CIO

Trustees' Report

Financial instruments

Objectives and policies

The Charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the Charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The Charity does not use derivative financial instruments for speculative purposes.

The annual report was approved by the trustees of the Charity on 10 July 2024 and signed on its behalf by:

......................................... Mr H Lipman Trustee

Page 5

St Annes Hebrew Congregation CIO

Statement of Trustees' Responsibilities

The trustees (who are also the directors of St Annes Hebrew Congregation CIO for the purposes of company law) are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the Charity on 10 July 2024 and signed on its behalf by:

......................................... Mr H Lipman Trustee

Page 6

St Annes Hebrew Congregation CIO

Independent Examiner's Report to the trustees of St Annes Hebrew Congregation CIO

I report on the accounts of the Charity for the year ended 31 December 2023 which are set out on pages 9 to 19 .

Your attention is to drawn to the fact that the Charity has prepared the Financial Statements in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.

We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Page 7

St Annes Hebrew Congregation CIO

Independent Examiner's Report to the trustees of St Annes Hebrew Congregation CIO

Basis of independent examiner’s 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

In connection with my examination, no matter has come to my attention:

have not been met; or

...................................... Mark Hall

129 Woodplumpton Road Fulwood Preston Lancashire PR2 3LF

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

Page 8

St Annes Hebrew Congregation CIO

Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Charitable activities
2
Ground rent income
3
Investment income
4
Total Income
Expenditure on:
Charitable activities
Burial fund expenses
Governance costs
5
Total Expenditure
Net (expenditure)/income
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16		 Unrestricted
funds
£
79,791
65
5,245
85,101
(105,000)
-
(3,240)
(108,240)
(23,139)
(23,139)
461,807
438,668		 Restricted
funds
£
52,983
-
-
52,983
-
(32,105)
-
(32,105)
20,878
20,878
337,692
358,570		 Total
2023
£
132,774
65
5,245
138,084
(105,000)
(32,105)
(3,240)
(140,345)
(2,261)
(2,261)
799,499
797,238		 Total
2022
£
126,643
66
1,977
128,686
(93,863)
(26,392)
(3,395)
(123,650)
5,036
5,036
744,463
749,499

All of the Charity's activities derive from continuing operations during the above two periods.

The funds breakdown for 2022 is shown in note 16.

Page 9

St Annes Hebrew Congregation CIO

(Registration number: CE003855) Balance Sheet as at 31 December 2023

Note
Fixed assets
Tangible assets
10
Investments
Current assets
Stocks
11
Debtors
12
Cash at bank and in hand
Creditors: Amounts falling due within one year
13
Net current assets
Net assets
Funds of the Charity:
Restricted income funds
Unrestricted income funds
Unrestricted income funds
Total funds
16		 2023
£
419,577
667
420,244
24,936
16,703
342,265
383,904
(6,910)
376,994
797,238
(358,570)
(438,668)
(797,238)		 2022
£
366,301
667
366,968
29,448
29,026
331,497
389,971
(7,440)
382,531
749,499
(337,692)
(411,807)
(749,499)

The financial statements on pages 9 to 19 were approved by the trustees, and authorised for issue on 10 July 2024 and signed on their behalf by:

......................................... Mr H Lipman Trustee

Page 10

St Annes Hebrew Congregation CIO

Statement of Cash Flows for the Year Ended 31 December 2023

Note
Cash flows from operating activities
Net cash (expenditure)/income
Adjustments to cash flows from non-cash items
Depreciation
Investment income
4
Working capital adjustments
Decrease in stocks
11
Decrease/(increase) in debtors
12
(Decrease)/increase in creditors
13
Rounding
Net cash flows from operating activities
Cash flows from investing activities
Interest receivable and similar income
4
Purchase of tangible fixed assets
10
Net cash flows from investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 January
Cash and cash equivalents at 31 December		 2023
£
(2,261)
288
(5,245)
(7,218)
4,512
12,323
(530)
-
9,087
5,245
(3,564)
1,681
10,768
331,497
342,265		 2022
£
5,036
211
(1,977)
3,270
15,720
(6,691)
909
(1)
13,207
1,977
-
1,977
15,184
316,313
331,497

All of the cash flows are derived from continuing operations during the above two periods.

Page 11

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

St Annes Hebrew Congregation CIO 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 notes.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Income and endowments

Membership fees and Burial Board income represent amounts receivable in the year.

Voluntary income, including donations and legacies is recgnised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Investment income is recognised on a received basis.

Investment income

Investment income from ground rents is recognised on a receipts basis.

Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Page 12

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

Charitable activities

Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the Charity’s compliance with constitutional and statutory requirements, including audit, strategic management and Trustee’s meetings and reimbursed expenses.

Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £100.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life. Leashold Land and Buildings and Burial Plots are not depreciated. The remaining depreciation policy is as follows:

Asset class Depreciation method and rate
Furniture and equipment 20% on written down value & 33.3% on
cost
Motor vehicles 25% on written down value

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Burial plots have been redesignated as trading stock with effect from 1st January 2020.

Trade debtors

Trade debtors are amounts due from members for membership or services provided in the ordinary course of the charity's operations.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Charity will not be able to collect all amounts due according to the original terms of the receivables.

Page 13

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted funds are general funds that are available for use at the Trustees' discretion in furtherance of the objectives of the Charity.

Restricted funds (Burial Board) are restricted for the use of providing burial services and maintaining the cemetary building.

Restricted funds (Renee Black and Maja Newman) are restricted for the use of providing educational services.

Page 14

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the Charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the Charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

2 Income from charitable activities

Membership fees
Burial Board income
Donations and legacies
Other income		 Unrestricted
funds
General
£
58,514
-
11,041
10,301
79,856		 Restricted
funds
£
-
52,983
-
-
52,983		 Total
2023
£
58,514
52,983
11,041
10,301
132,839		 Total
2022
£
56,460
42,371
5,516
22,362
126,709

Page 15

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

3 Ground rent income

Ground rental income
4
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits
5
Analysis of governance and support costs
Governance costs
Audit fees
Accountancy and audit fees
Legal fees		 Unrestricted
funds
General
£
65
65
Unrestricted
funds
General
£
5,245
Unrestricted
funds
General
£
2,760
480
3,240		 Total
2023
£
65
65
Total
2023
£
5,245
Total
2023
£
2,760
480
3,240		 Total
2022
£
66
66
Total
2022
£
1,977
Total
2022
£
2,760
635
3,395

6 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 16

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

7 Staff costs

The monthly average number of persons (including senior management team) employed by the Charity during the year expressed as full time equivalents was as follows:

Average number of persons employed 2023
No
3		 2022
No
3

No employee received emoluments of more that £60,000 during the year.

8 Independent examiners

Audit of the financial statements 2023
£
2,760		 2022
£
2,760

9 Taxation

The Charity is a registered charity and is therefore exempt from taxation.

10 Tangible fixed assets

Cost
At 1 January 2023
Revaluations
Additions
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022		 Land and
buildings
£
365,458
50,000
-
415,458
-
-
-
415,458
365,458		 Furniture and
equipment
£
2,811
-
3,564
6,375
1,968
288
2,256
4,119
843		 Total
£
368,269
50,000
3,564
421,833
1,968
288
2,256
419,577
366,301

Included within the net book value of land and buildings above is £Nil (2022 - £Nil) in respect of freehold land and buildings and £415,458 (2022 - £365,458) in respect of leasehold land and buildings.

Page 17

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

Revaluation

The fair value of the company's Land and buildings was revalued on 31 December 2023. An independent valuer was not involved.

Had this class of asset been measured on a historical cost basis, their carrying amount would have been £268,976 (2022 - £268,976).

11 Stock

11 Stock
Stocks
12 Debtors
Trade debtors
Prepayments
Other debtors		 2023
£
24,936
2023
£
2,785
1,190
12,728
16,703		 2022
£
29,448
2022
£
14,837
2,069
12,120
29,026

13 Creditors: amounts falling due within one year

13 Creditors: amounts falling due within one year
Trade creditors
Other taxation and social security
Accruals		 2023
£
4,906
2,004
-
6,910		 2022
£
5,364
1,836
240
7,440

14 Pension and other schemes

Defined contribution pension scheme

The Charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the Charity to the scheme and amounted to £846 (2022 - £821).

Page 18

St Annes Hebrew Congregation CIO

Notes to the Financial Statements for the Year Ended 31 December 2023

15 Charity status

The Charity is a Charity limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the Charity in the event of liquidation.

16 Funds

Unrestricted funds
Unrestricted general funds
Restricted funds
Total funds
Unrestricted funds
Unrestricted general funds
Restricted funds
Total funds
17 Analysis of net funds
Cash at bank and in hand
Net funds		 Balance at 1
January 2023
£
(461,807)
(337,692)
(799,499)
Balance at 1
January 2022
£
(422,750)
(321,713)
(744,463)		 Incoming
resources
£
(85,101)
(52,983)
(138,084)
Incoming
resources
£
(86,315)
(42,371)
(128,686)
At 1 January
2023
£
331,497
331,497		 Resources
expended
£
Balance at 31
December
2023
£
108,240
(438,668)
32,105
(358,570)
140,345
(797,238)
Resources
expended
£
Balance at 31
December
2022
£
97,258
(411,807)
26,392
(337,692)
123,650
(749,499)
Cash flow
£
At 31 December
2023
£
10,768
342,265
10,768
342,265		 Balance at 31
December
2023
£
(438,668)
(358,570)
(797,238)
Balance at 31
December
2022
£
(411,807)
(337,692)
(749,499)
342,265

Page 19