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2025-09-30-accounts

A4&pcy.c HAKfs AND DORSET CHRISTIAN YOUTH CAMPS Charity Registration Number 1188865 ANNUAL REPORT AND ACCOUNTS For the year ended 30th September 2025

HANTS AND DORSET CHRISTIAN YOUTH CAMPS The Tru3teea preaent Ihelr Report for th¢ year ended 30" Septernber 20Z4 Reference and i(knini•trntlv• d•tall8 CPwity registration number Charitable Incorporated Orgarysation nLAnber CE￿￿2 {ErKJlar#J & Wales) corr￿pOnd•neO •ddm8 14 Eg8rton Gardon$, Wesl Ealing. London W13 8Ha 1166&55 1. Trustoe8 Mr David Cook IChairn8nl Mr Michael Brook (Treaswor) Mrs Charkiie l(nlghl Mrs Nladeleine Hwtym Mr L￿rer￿ Pull Mr Smi Mr een Ttw)m$ Appolnted 2141 Nrjvember 2025 2. Ind8pond•nt Examln•r Mr St•phthi Oov•r. 2 Casllebw Ro1 Londry) WS 2DP 3. BaDk•r• CAF 8enk Ltd. 25 Hill ￿r￿a• Hill. West Mjlling ME19 4JQ 4. Structur•, gov•rnanc• and manag•mont a. Governlng document The Charitsble Ino)rporaled Org￿lSa￿On was wst8r6d on 3rd May 2018 and is govemed In 8ccordanc8 with ils Consts'tution b. M•fflb•rnhlp Mernoers of t￿ or9￿45allon a￿ the Truths. c. Trust••8 Trustees aro rkirnally appoirtted or re-wiinled for pentyjs of five ye￿. Appointments are made by the con1￿￿1ng TnJst8es having regarf to the prath.cal and profession ski115 rReded. N8w TNstee8 ére given eows of the oM¥lrtutK)n, a￿tr the Ch4rtty Commisston's publlcati 'The Essentsal TfUStee' as part of their InthKlion. Support for the apwntment reappjnlmwrt of Truslees is requèsted ai w annual Consultstive r￿Ing ofthe Trustees wth camp Lea￿ts other SUP￿)rtar¥ Page 1

d. Managomont Trusla&$ normally meet five limes eath yoar. but gr6 wi frequent contact by e-mail lelepPK)ne betsveen meetiros They wnl an Administrati￿ T￿rn th'ch irKludo$ at lea8t one Tnjstee. lo affange th8 Set up and tak8 dovm of the C￿P sle and make del?aled Wrangern￿ts o)ncemiw Camp 8quipmonl and ganriees. The Tnjstees also apwnt Overai L8alers, Sp"sritua LeJgrs. Silé Adrnnislratfxs and a Chief Ccok for 8ach Camp Tts Trustees have meétwig e8th ywwith the Apw"ntthJ Leaders, afbj one m88ting with the Administrats'on le￿. Eath C￿P has a link trustee ftK cont8Ct throuohJLrt the year. Per¥onno1 Th8 Organisalion has no employèes. All ￿l￿111eS are VI￿ken by vdunletts are rèimbursed only for Me8ssary approv•d $xponse$. As well 05 heliyng lo make Ihe camps affrydat4• this er￿d￿derS 8nthu￿49M uuppxt beMeen Vol￿teerS a￿1 trustees f. Rel•t•d p•rtles The Oryar#"$aiiJn has no Relatod Parts"es S. Ri8k8 The Org￿l$al￿ Is sol￿nI and has no loni8mi ￿￿tial liabilltias. Insurance cover is maintwne¢ risk$ ￿l811r￿j to ewirxnenl and risks approFXtale to OL harilable aLliMlles Each ￿mP is resF(>Wb￿ maklng risk ass8ssménts for their adiviti89 ObJocl• and Actlvltl•• Tn8 objects of Ile orgaThsalion are lo athan￿ the Chritstian fath, kn parti￿13r among thilthn and young peopl• in thè United Kirydom. whith Is lo be 2th￿ved by promolln9 and ￿nIng either alonè or with othw sirnilw Christian C¥ganisati(￿S ra￿dents"al hOl￿aYS at whlth th& Ghrislian faith li presented and Bibli¢al teathing given. •nd ￿0VIdIng asstance and facilits.es other Christian organisalions to fun smllar resKJenlial holdays and •livi118S In this yÈar we hèkl four w8aks of holidgys for thAdr8n a9gd betJ4wn 9 w¢d 22 yoars old,. thi$ included a ￿Cond Gamp for teenagors. Wg W more (ampers and team mernbers than in fftcenl years. All CAmps were enjoyed wlh vory stror4J f88dbK ￿aIrS trom both parent¥ and thildren All cgmps had conb'nuity 01 th8 sama Owr811 Lgadws as IASt yw w8 hav8 a polbcy Continually trainiThJ up nwi ￿ad•r$INj in all Arèas of crp lrfe. The Ifust has made g¢yxl prcJres5 in the devdopmenl of Ihe 11Ny8W V7W(￿. this provides strong fooJ$ 10 the work nelps lo bulk1 a wal s￿Se ol purp)se. One of (￿r aim¥ in the 10-year i¥ lo pwtha¥e a pwmarwt wte to avoid Ihe uncertainly of ntino from y8ar to Y88r No ￿lIta￿a slt8 csm on th8 markal dudng tt)A yAar and we continue our search. In the meanwhile. we have been re-roofirvJ ￿ slorage faolity (The Chapel) lunds from trusts. Adrninistratively. th8 organisalbjn is C￿ntInuI￿4 lo make good u9e of tschnology focussing lary8ly on Churthsuile ￿ bookings. mailNigs. givirrfJ, camper and team records aThJ MiLTosoft 365 for inlemal communicthon and storage. Publ1¢ b•n•fit. The Irusle8s believe Ihal the a%Nili89 givè wtyic ty0r￿ in thal t￿ camps opon lo all and h8lp lo wovide a Spiri&￿1 IoLV)Jalion whi(17 15 Ifflport￿I for a balan￿d lif8. The various adivities also (r)ntrit)ule lo their physic*, sooal and mental developm•nt. Inc¥8asingly the Safe residential enwronment is aknmng th￿dr￿ and teenagers to 'open up, and share rBally Pap2

challenging1rf8 situab'ons which have Th)t othwwise been ared. This has in(Teased Ihe safeguaf(ting fcK)Js but serves as a really Mrw1 petsc￿l and publ￿ LEnefit. 7. Financial review G8nor41 Fund The largest items of General ftJrl inctsne we Campers fees and ¢)nations, vthile major expe￿IllUre items r8lal8 lo focmy WKI the of on-site faoliti6s. logethw with insurance. Campers. fees wère Inueasod in line wth irfflalion and again in(r&as8d th8 budget activities by 20%. but we still finished th8 year a 5wplus of £6.084 on the General BEXX)unl We tranSfer￿d £3.000 to the Maintenance and Equipment Fund {se6 télowl for general upkeep and £1,5001o the Fees Bursary Fund Isee bel(￿} The General fund ba1￿ce caffi8d lo￿ard al 30th Sepi8mb8r 2023 was £11.192. Malntenance and Equlpm¢nt fund This exists lo as￿5( the Administrabon Team In p18nning the laryer rtems of repair ￿sts and the purthase of replacgmwrt aTrJ addibonal 8quikKnent. ￿ wrtha59J ￿ new marqu88s al a cost of £37.581 Tr￿sfefs for the G8n6Tal Fun¢J atNJ Legacy Fund of £19,r)Xl eath fvnd811 th8 PLKchas• This has18ft us wth a balance on the account 01 £6.885 al the end of the year. Logacy and Glft Fund During the y88r we re￿1v￿d a gorww$ grfl of £30,IXrfJ + Grfi AKI bthich wa8 8dd•d to this fijnd., the Fund was renamed L8gacy and Grfl Fund Ipreviou￿Y Legacy Fund). The balance of £1,427 Is being held In high interest funds for fubJe major exwndilwe on sits or equipmonL R•trlcted Funds rm As the resuli of further oifts arxl i¢d￿n9￿On of pledges th8 b81anL wew to £80,892 This fvjnd exists lo support those families Would not otrffiwse bè able lo attend camp", We Iransferfed £1,5￿ from the General Fund lo malth a £1,SCQ granl from a trust fund. We gave bursanes of £2,817 and Its balance at ihe eThY of thé year was £2.440 Delalls ol income. 8xrArKlilwe 0fKI balances of Itss ano t)th•r Réstncted funds ar8 S￿¥n In Note 10 to the Accounts. The InJslee8 are satisfied that fin8nD81 l￿dS we Jdth]uate lo ￿PpOrt caritabl8 obiocttv•s in the foreseeable fiJtur6 èv¢n rf the camps should fail lo happen. 8. Plans for 2026 Research and enquiries conceming a pern1a￿nI &le a￿ also conlinuino. We are seèking ways of increasing the number of camp places availatAe wthoul lo￿n9 Ihe eth)s th81 is Hanls and Dorset Youth Camps. The Iruslees have o)nts'nued lo improve communicAtions wlh Interested people aTrJ churthes. This Is lo strengirn exisb'ng hnks ana make cur thant¥￿e obje(As kno￿ to Olliér youro people who could benefit. The report has been prepared in acufdarKe with the provisbons applicat￿8 to d￿ritable inojfporated organisalK*ns. Appro by the T￿￿te8$. C￿ 17th Janw 2(r26 M D Brook Tnislee Pa9e 3

HAKfs DORSET CHfdsTW4 YOUTH CAMPS STATEMEwf OF MA￿CIAL ACTMTES FOR THE YEWI ENDED 30TH SEPTEMBER X125 Total 2025 Total 2024 Furbd F￿d$ kncome Donations Charilable •diwtivs Inv•stm•nts Told IrtC4m• 55,940 34.820 3.107 59.047 34.820 10,593 104,460 110,932 34.744 4,035 149,711 2,593 5.700 90.760 Expenditure Charitable a¢ivlts"oi Totsi eMpEnditure 48,831 46,631 4,891 4,891 53,522 53,522 84,867 84.887 Exce48 01 incon)è over•xp•ndturn 60,129 50.938 04,844 Tran•f•rn betr￿*Tr lund# 1,683 1.317) 366 385 N•t mMrrxn¢ In Fun 51.812 (6081 51,304 04.479 Fund balances at 1 sl Ociober 2024 Fund bal•nc¢s al 151 Ocbknf 2025 103,7% ,740 254,53e 190,057 The stat•m•nl ol financial •ctiwtses inthdes •1 ￿1Th• loii•s (•¢oqnised in th• y•w. PwJe 4

HIthITS AND DCIISET CHFUSTIAN YoufH CAMPS A5 AT JQTh SEPTEMBER 2025 2025 2024 Currerrt Assets ¥tocks DebtDr3 Cash at 8ank and in hand 1.858 9,810 Totsl Current Assets 268.874 Credilors.. emounts fthg th• llhin Or￿ ￿#r 305.840 254,536 254 Unf$lncted Fun Restrfctetl Funds 21S,608 90.232 163,796 90.740 254 Th• CIO 18 •nbtt•d to the exemptyon trom the audit r•wir•rtwi underS•ckn 145 Chath8 Ad 2011 for the ye¥r ended 30th September 2Q25 INstoe$ •re re8Fthsbth wisuring th•t lh th•rity11••￿ •ocoun6riu r￿OrdS ¥orryknilh 3ections 13Q io 134 01 the Ch8rilie3 Act 2011 lor weparing a¢￿￿ntS vthich yNe a true a+yJ l•ir view ot the slate cf affa￿$ of th• thailty, 8$ 81 the énd of the frnAneJo1 ye8r. ond of rts incoming resources and •ppIl￿tIOn of reJkoUr￿s. Indudin9 ils income •nd expenditm. lor Ih• fin•nci•l yEaT in accordance h￿th the requirement¥ of thq Chantr•8 Slotement of R¢corrffjnded Prac￿ ISORP)IFRS1021 Thé polity ol the tr￿$•$ Trs tts rfrtain ieswves rfk&int forthe 1owv5etta￿¢ n¢¢ds ofthe oryanisalhon. Suwus fund$ are retain•d to kKovide for eaty 4r￿ shorfals in lu1￿8 yè8rs.Funds ar• set aside for the purchase ofa pemwnenl srte P•ae 5

NOTES TO THE FINANCIPL STATEMENTS FOR THE YEAR ENDED Jmi 8EPTEM8ER 202S AvMunting poll¢•E• Charfty Information Hanrs and DDf5et Chn5tsan Youth Canps ￿ a Charilatle Ineorp)r8tsd Org8nis¥ticfi, rngi8l•r•d in Engtsnd and W•l¢$ undèr Rttgistration number CE01%562.11 look overthe aG'bilit$ of a Chanty Trust Aith Ihp Narm, frDm151 Oclobei 2016 1.1 The occounts have beèn prepared in ccordanu Ihe "Accounting and Reporn"ng by Chonties. Slatemenl of Recommended Pracbce" apFlicablÈ to th￿b@S Ffepgring thr aeeounts in aceordan¢t wth th• F￿an￿¥1 RepJiting Stsndard &PF4icat4¢ in Ihe UK and ReF4Lbk of Ireland {FRS 1021. las alnended ler accounts.ng p•nods ¢(rfnmenc4ng trom 1 j￿U￿ry 2016). The d)•ity i• • Public Beneffit Enlty as d•finèd by FRS 102. Th• ctafty h•$ tsken 4dv•ntage ofthe yovisirm8 in th• SORP for thrili•• app￿ PRS 1W2 Updat• Bdletin 1 not tts prEpare a Statimenl ofcash Fknw. Th• ¥counts hav• been wep¥￿d ￿der the hi￿ri¢￿ cojt convenbon. Th• pn"nq)4t accountinp poliLI•S adopted arn Dut bBIow. 1.Z Golng con￿rn Th •ccounts h•ve been up on • gtyng ume•m basis. l.J Ghar￿bI Fund• Unr•slnct•d funds af8 av•il•ble for u$¢ al the diio¥etion of th• trusts￿ tn lurth•rance of th•lr th•rit•We objtcllveg unl•s5 the fvnds Mve b•en designaled for other wrposes. R•slncted funds 4r• Sub￿￿ to Specif￿ con(lts'oni by dMor¥ al to howthry ffl•y b• u#ed. Th• wrpDiei and ol the mitsicted lunds ar• ￿ ou¢ In th• nws to the aet4>un IA Incomlng r•xourc•• In￿rne from Chaiitable ActiAO•$ and CJon8tN1nJ arn feeogniz•d on récoyt. Inrome lax recoverable li rd•tion lo recwv•d ur#Jer the Grfthxl reguhi'Dns18 r•cognisad al tha time olthe donation. Othar Income is recDwized the ch•rity rl W enbièd kn it. aft•r ony perfomi•nrA conditions have been m•1. 4.S Exp•nditu expenditu￿ 1$ I•￿gnIZed once thtre Is a lugal IY 0)￿tructs¥e lo make paym•nt ts • third party, il ￿ wobable that ￿e￿¢ment￿lI11 be wwired and the amount of the abl￿tiOn can be Trasured reliably, All expentlurÈ is •e¢ounted for on an •wuals bosis. AH eyns•s Ir￿￿dIng WPPOrt cos1& •nd gov•mance eo$ts qlksc•ted to the •pph"ut48 eynditure headi9S. I￿¢COVerIbltsVAT Is chanjed againsl the eypendrtwe heatthng forthith rt￿$ wiojrre 1.6 Flnanell Instruments The Charity on￿1 èrtlers irrto b•sieth•nc¥al intrurnents ￿￿¥8￿10n% th•1 r•uK in the reea9n6ti0n offinancial Arssels and Thab"rth"e$ th.ke debknrs and cnthors. Cash and cash equivalents ￿$h in hand, de[￿rtS heljwth b￿ks. at Cam orwith orwj'nal maturil'e5 ol three moftih5 or le68. e6

HJ4TS DORSET CHIIJSTM YOUTH CAMPS IXITESTO THE FITrIAN(JAL STATEMENTS IcoNfiNUEDI FOR The YEAR ENDED m 5EFtEMBER W25 1.7 Debtors DebtDrn arE ￿Cognised attr $etueffl•ntam0￿ 1.8 GrEdi¢orJ Credttors are Measu￿ 8t the transaction ￿¢• 1.9 Pollcy on r•Mrws The poty ol the Irustees i¥ to retain r•serves sulfirient lorthe lorès•Dai4e needs Df th• orgMis&ion. SurF4ui funds are retain¢d to pro¥hde lor ¢aity expenses and sh(¥Ualls in luttwe yearn.FiSnd$ I￿ also set &side forthe purchase ol a ￿rn￿nent $61e crt￿￿1 a¢Gounllno U￿rnat•S •nd In the application of the charity'$ 4Kcwnting pphci••. lh¢ Irustses are requlRd to make judg•mants, •8timateJ And a•uFWiong •ivJt the carry￿9 •movnl ol i••ets •nd b•b￿￿¢ th•t •r• nol r••dlty Fp•r•nt IrDm other source•. Th• èstirnates and as50ethd u$unytions ar• based on hi41orical eyperienre and olher fictarn thai ire Consid•r￿ to be i•18vant. Acu￿1 roBuhs m•y thffoffr￿ Iheie eztim4t•s. The estimat88 and undethng assutrw.ons are rtyi￿d on an ongoino basil. Revisr(trn$ to a¢¢ounting 4Stimate6 8re recognised in thé périod in th• •stimAte is rows•d there the revision aff¢cts Oft￿ that p•riod. or in th• penod olth• r•￿￿)￿ and futur• penod# thar• lh• re￿I10Th afh¢A• both ryJrT•nt and fvture Lknr••tiiet•d A••irl¢f•d Tat•l F￿al Fund• 2025 2024 Oon•tlon4 1•gAch# and Gr•nl• Gnl$ L•9•cie$ & Major Gifts Omt Aid lax r•Gover•d Grnnts 15,886 3D,QQQ 10,054 fjoo 16.486 30.000 127 10,181 2.380 2.380 S5.940 3,107 59,047 110,932 In 2024 01 th• toknl dcffj•tions £102.147 fof unrestricl•d l￿d$ and £8,785 lor r•Jtrictsd fiJndJ 4 Incoff Irom ch•rltsbh 4¢ll￿1S 18,254 87,515 5.163 Camp Incotr In 2024 all income frDm charit•Ll• •ciMtr•$ for unrestiicted funds Invd5tm•nt knc4Yn• 34,820 34,744 8ank Intere81 6,000 10,593 4,035 In 2024 01 Ihe tolol imi•strnent ineome É2.67S from ¥Jr•strided lund8 •nd £1.360 from restricted funds 2,593 TNstÈes' rÈmun&t#tlon nd benefits •nd R•l•i•d Party tr¥nJacllon# No trusiees. reMun•r4ti￿ or othwbttnefts wère trlhe yearended 301h S•Member 2025 nor forthè year endtd 30th September 2024 L￿ring th• onded 31)th September 2025 Irustees £741 furewsEs inrJJrred In runnina the eamp$, and gav• don•tions of £941. I[￿ring th¢ w•wou£ year the reTrrjU￿0d ews¢• v•E £3134, and Ihe donaliong wr• £51711. Chthn ol trust••s and oth•r offioAls •tt•nd•d th• ￿MP4 on Ihe same tern￿ 86 0th8r GarTper¥. There no other related party lrnnjxkns in •rfhtr year. Charitable Expènditure AJI expenditure Dn Chanlatrle Activ*$ relates 10 thè Fvnnirq of ¢anps in tho wowou$ yEar), exeeo £10D paid lor lh¢ Independent Re¥iew Df the accounts. (S￿e in the y•wov$ yearl

H￿Ts WID DORSET CHIOSTIAN YoufH CAMPS NOTes TO THE FINA14CLALSTATEIIENTS ICCthTINUEDI FI)R THE YEAR ENDED J)TM SEISTEMBER 202S 202$ 2024 D•btor: amounts illng du• withln >••r Gift Aid T•x re¢ov¢rabl• Olher deblorn 1.218 640 1.621 8.189 CThdll¢x•: amounts laling du• within ¢x C4mp Ewn¥e• p•y•i4• Ac¢yuals 3,625 14,338 3625 70 Mom•nt In Funds 01.10.2024 kn¢om• EMp•ndtur• Tr•nthr% J(LOg.202J UN••lrfct•d Fund General Fund Legacy & Gift Fund Maintenanee & Equ1Wn￿ Fund 5,108 151.804 54,137 44,823 146.7361 11.3171 11,192 196.427 7.g89 11,8951 148,6311 3.000 1,683 163.796 98.760 215,608 R•strtctsd Fund• P•rm4nent Sit• Fund F••$ 8ur44ry Fund Prol•￿# Fund 80,893 1,332 8,715 90.740 3,275 2,425 83.988 2,44tt 3,024 11,317) (4,1911 14.891) 5.700 11,317 90.232 Totsl Fund• 254.536 104,460 163.5221 305,84D 11 Anilyw'i ol n•t 4SHts b•(￿￿n Iknrn•trictsd Re¥trict¢d Fund Fun Total Fun At Joth S•pknib•r 2025 Siodts Debtors Cash at bank and in hand Creditors due one year 1.858 217.375 13.6251 Z15,6Q8 1,858 307.607 13,6251 305.840 90.232 90,232 At 301h S•pt•bYkn•r Z024 Stock Debtor5 Cash at bank and tri hand Creditor5 duewithin C￿le year 9,810 168,832 {14.238 164,304 9,B10 259.064 114.3381 254.5J6 90,23 9),232 Pape 8

HANTS I14D OORSET CHRISII)I YOUTH CAMPS NOTES TO Ttre FIAP4CIALSTATEIIENTS ICONrnUEDI FOR THE YEAR ENDED ￿TH SEPTEPAgEA XJ25 t2 Dtslyn•ted Resirtci•d Pund¥ D•8lgllt•d Fund L•yGy & Gift F￿d This Fund was crnat?d ty th¢ Trustses ￿ hdd )d maj'or 9th 44t have Te¢etved forthich there h$ Ixen no designation. Detart$ ofkngacies and rts receNed thjring 1he year •nded 30th Soptem￿r 2025 shovm In Nole 10. In 2024 £79.0￿ transltrrgd to the Mainten9n¢8 & Equipment FuThJ lo fvnd 8 newmarw•e. M41ntenanc• & EWIP￿nt Fund Thls Fund, Ithith is not rnSirid•d, ¢rn1od ty th• TNskn•&. to A5si41 th• AthIMii¢tr•don Co￿￿tte• Ihè purchi8 •nd moior repays DIe(Nm￿nenL R•itriet•d Fund• P•rmAnMt Slt• FWKI This Fund ￿preSents dona￿an$ received IN¥rds Ihè wr¢hase of a pemianenl sit• forlht Caryi. D•t4ils ol d¢y)•tions re¢oiv•d dum9 thè ye•r ended 30th S•ptAnber2025 are Sho￿ in Noie 10 F••¥ &Jrn•ry F￿4 Thss Fund receN¢s dDnalions and 5ubsKli$es Iht F•?s Ofyc￿n9 people vkno V￿Uld not olheMi•• be aElo to att¢nd tha Camps because ol the ¢¥$L 0￿"no Ihe year ￿ received aqrant of £1,500 wth￿¢h w•• matched by a transfer from the GÈn•r•l Funé ol the same 8mounLThe balancL 4t th• end of the year rnakes rt posirtl• to offer &u￿re$ during the ety ￿0kIng period of the next year, ¥wthout bein8 d•pend•nl ￿ new donAtion3.Details of and tsJrsarie5 granted during the y•4r •nd•d 30th S•pl•mhr 2025 •re Nol• 10 Proioets Fund Ilomrfy Show4v¥ & G•nw•tor Fwd) The balance in thi$ fund at 31)th Septemb8r2025 rewesents th• un*pDni funds on w)J•¢ts %thich have re¢wifed fun&raising of vknKIT * h•¥e rprE1￿1 gfiiits. Tliis yeaf VK m•dE An in¥tslment pa￿ent forthe rnpair of th•'ChAp•f mol.. thès• vths ¥• on-gttinq. The trugtees agroed lo lund the Storage of the Sh(MYr￿1kn of the un8pent'Shwrf funds.Detah gr• showi In Ntyi• 10 P•Je g

HAKf8 AMD DORSEf CHRISTIAN YOLrrH CAMPS INDEPENDEirr EXAhWERS REPORT FOR THE YEAR ENDED 30 SEPTEhlaER 2026 1nd•P￿d•rt EXarn￿$ Rtyortto lh• TnL•lM8 rfHan •nd Dornet Chrfth Cry• I report lo fv tNstee8 on my wxninath)n olthe finanrial statements of Hanis arnl Ckysèt chr￿l￿n Youth mps Ilha eharilabl• incoryKirated aw￿l￿1￿)n') frJrth• •rbJ•d 30 S•P￿•r20￿s th• Stsiement ol Financial A¢kn"¥itw, th8 Ba1•)￿ Sheet avj not8S. 2Q11. has Imen und•rt8kon go that I mKirt to ijw tnJ8t••$ th￿e m&ttws l arn Fwuirnd to tale to them In thi8 rekvt on(1 no othor purposè. To lh8 lul8St Fémited by law. I do not W or a9sum• l? ofvfthan Ih dwrrty aThl the rthl$ truskn•• •• • boty, for my •rK lor Ih rwt, or ￿ th8 fm8d. RMporAIIUM and ljukn of r•port A¥ t￿ tr￿199£ OICh￿tabl• IncryForad orgaThzabort a(6 f•spM$bl& for th• pwaF¥ti￿ oftho fiMMI Itatements in ato)rdanc4 Yth the iewilwits ol ChanbtsAd 2011 IY• 2011 Act'l and th• Charft S￿￿1•nI ol Re¢thmmend8d Pr•Cl￿ ISOPPXFRsI￿2} 1￿p•nd•rt •xnlM• •l•l•m•n¢ I have ecmp1￿thy my gxorninthon I confirm IW no ffller& h•w to my attents'￿ ￿ connerAion wfth th• examination gMn9 to belthe th•t in wy Mat￿la1 fesrt.. 111 ¥c￿￿rrt1￿j ￿ Wafe nol kw li of tre IrK1Xp￿tth1 Org•rlzatlM 88 r•qUi￿j by IKti￿ ￿ ol the 20C6 Ad. or 1111 th9 flnanco01 stat•m8rtB do not •eeud Ihw rncud¥', ( (1111 th• finan￿11 it9rn￿l do not C￿Pty 4th 8ccO￿ty¥) w•ments crf 398 d th• 20l￿ A othor than any reqvwwni that tho finaM81 stat•rwts •v• a ￿"r which Is not • matter as part ol an iTrJgE4rvJert 8X8rr¥nthrn c the finana'al slaiwnenls have noi w prgYTrJ In aol¥d￿ wrth rnethcé$ and prinwlos ol lh• StatThnt of Rewmrrnnd Pracl¥x lor by chants applUb￿ lo chaiit preparfng Ih8ir 8¢¢4unts in with Finar•Jd SknJ•rd li UK and Repthlic ol IrdaThY IFRS 1021. I hBve no eorKém¥ ha￿ Ls)m¢ am• no cth•r mthrs in ¢xYwltr ith oxwmwwtion lo vthich •tt•ntion 81k)uld ￿ ¢hwn in this rewt to ￿t4tt a prcper urth15tart1￿ ol Ihe thanLial Stat￿ to r0￿hed. Stoph•n 2 CastJ8bar Ro London W5 20P P¥10