OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2025-03-31-accounts

Company reglstratlon number: 09161978 Charlty reglstratlon number: 1167219 SECRET SPACE THE SECRET SPACE LIMITED TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR Tme YEAR ENDED 31 MARCH 2025 W¢lwyn Consultancy Limiied 10 Prospccl Plttce Welwyn Hertfordshire AL6 9EW

The Secret Spa¢e Llmlt•d Contents P•9• Trustees. Rewt IndepeThlent Examlr*s Reptyt Statement of Flnanaal Artfivltles (InchMlln9 IrKome and Expendlture Acc￿nt> aalan￿ Sheet Notes to the Financial Statements 9-13 The follt)wlng pages do not fomi part of the statuw accourt5: Detalled Statement of Flnandal Attlvlties (Indudlng lftcome and Expendlture Accountl 14

Th• Secr•t Sp•ce Llmlted Company No. 09161978 Tru•t••s' R•port For The Year End•d 31 M•rch 2025 The trustees present thelr report and the flnanclal statements for the year ended 31 March 2025. Objectlves and A¢tlvltl¢• Alm• and ObJectlve• The Secret Space Is a yoga and complementsry theraples buslness and charlty operatlng In Hertford, offerlng a range of servlces to the publlc, Includlng (but not Ilrnlted to) yoga classes, yoga therapytr trauma sensltlve yoga, and sesslons for people with physical Ilmltstlons, massage and holistlc therapies provided by highly tralned teachers and accredlted therèplsts. Other cornplementary theraples Include perlnatal Classes, medltatlon. mindfulness, sound heèllng ano chantlng. The Secret Space also provlde5 room rental opportunltles to local counsellors and theraplsts, w0￿hOp5 Includlng yoga, meditatlon, mlndfulness and free space to local communlty groups. As well as the servlces In our centre In Hertford, our passlonate team offer yoga, mlndlulness, theraples and medltatlon In soclal housing venues, mental health ttouslngl yQUth supported accommodatlon, and addittlon recovery servlces. The Secret Space's Vlslon and Purpose Our Wslon Our vlslon Is of a flourlshlng, Incluslve and healthy communlty Sn Hertlordshlre. We asplre to create a safe and welcomlng 5pJce where èll people can connect, feel supported and thrlve In bodyi mlnd, and splrlt enabllng Indlvlduals to Ilve full Ilves and fosterlng a healthler, happler soclety Our Purpose Our purpose Is to provlde hollstlc support to those In our communlty faclng Ilfe's challenges - be they physlcal, mentsl, emotlonal or splrltual. Through funded programmes, low-cost trauma-sensltlve servlces, and collaboratlon wlth local charltle5, we make the Ilfe-changlng benef4ts of yoga and hollstlc theraples accesslble to all. Thls empowers our servlce users to take control over thelr health and recovery. Above all, we are commltted to treatlng all those who come through our doors wlth non-judgmentsl compasslon, creatlng a space for heallng and growth and f05terlng a thrfvlng, more reslllent communltv. Our Strateglc Objertlves • To provlde hlgh-quallty, speclallsed yoga and hollstlc therapy servlcesi posltlvely contrlbutlng to the health •nd wellbelng of those In need wlthln our community. To support people to become actlvely Involved In thelr communlty bulldlng me•nlnglul connectlons and overcomlng soclal Isolatlon. To cultlvate a compassionate, strong and reputable organlsatlon, worklng wlth a broad range ol charltles and partners $1gnlflc•nt Actlvltl•A Durln9 2024-2025, we have been contlnulng to recover from the effects of the post-covld fallout and the Cost of Uvlng Cr1￿5. At the start of 2024 calendar year, The Secret Space acknowledged that the buslness needed to focus more effort to generate more revenue vla donatlons and fundrjlslng. Durfno the financlal year 2024-2025 we re¢rulte0 2 new trustees to support the board and asslst wlth fundralslng. We successfully applled for a grant from the Fovndatlon to support us In replaclng some ol our therapy room equSpment. We continued to run slx Yoga4Health courses for which fundlng had been recelved In the prevlous flnontlal year. Thls speclallst yoga course Is almed at people Ilvlng wlth anxlety, P05t-traumatlc stress, lonellness, and Isolatlon, Its efficacy Is bad(ed by NPIS research. It has been commlssloned by the NHS and created by the Yoga In Healthcare Alllance. We a150 contlnued to run an ongoing free class for Senlors at the Folly Vlew Community Centre In Stansted Abbots for whSch fundlng had also been recelved In the prevlous financial year- thls class has proved extremely valuable to the local cornmunlty, not Just for the health 5UPPOrt, but for the soclal connectlon It provldes for elders who are often experienclng Isolatlon and lonellness. Up untll October 2024 we contlnued our ongolng programme ol free classes for vthlch Natlonal Lottery Fundlng was recelved In October 2023 Although Ilttle fundlng was received In the year to March 2025, durlng that perlod we dellvered a total of 367 free and over 1000 dlscounted cla55es to local resldents In flnancial dlfficulty ..CONTINUED Pag¢ I

The S•¢r•t Spac• Llmlted Trustee*. Report (contlnued) For Th• Yo•r End￿ 31 March 2025 Slgnlflcant Actlvltle• - contlnu•d The number of paylng cllents to the studlo has slowly continued to Increase. but Is still signlficantly lower (approximately 50%) than pre-pandemic numbers. We contlnued to address thls by offerfng a more dlverse range work5hop5 and events at the centre, Includlng dance and movement, breathwork and sound heallng, esoterlc studles, crafts, and ho115tlc health practltloner tralnlngs. We have taken our role as part of the cornmunlty very sertously. We reco9nlse that the legacy of the Pandemlc followed by the cost- of-llvlng crfsls contlnues to Impact people's Ilves. We contlnue to look for every opportunlty to support people that need our help and believe we are truly prlvileged to be able to do so. Publ1¢ B•n¢flt Our maln actlvltles and the people we try to help are descrlbed below. All our charltable actlvldes focus on the prov151on of ser4lces as set out In our Vlslon and Purpose statement of and are undertaken to further our charftable purposes for the publlc beneflt. Durlng 2024125 we were able to support elght volunteers, and offer them some sense of purpose ond communlty. Of those elght, four were In need ofof communlty due to feelln9s of Isolatlon, one volunteer Is In recoveryi one Ilves wlth mental health challenges nd one Is a full-tlme carer. We dellver coplng strategles for the ongolng anxlety experlenced by many ol our volunteers. We offer onllne and In-house yoga c1è55es free of charge, free or dlscounted hollstlc therapy sesslons, and free spaces on onllne personal development courses where avallable. We also arranged for one volunteer to recelve a free place on a Relkl pracdtloner tralnln9 course. Volunteers have a range of opportunltles wlth front of house seThilces, for example staffln9 the front desk to recelve students for yoga and therapy cla55e5, Volunteer5 often work In the offlce and carry out a varlety of other dutles as and when needed, One of our volunteers came In regularly to ensure the coutyard remalned clean and tldy and do health and satety checks for all of us. We gave away 367 free and 1073 dlscounted places In classes and workshops to those In flnanclal dlfflculty. Thls helped to support the health and fltness of those unable to afford regular classe5, and 0150 to 5UPPOrt those stru99llng wlth lonellness and Isolatlon to contlnue to be Involved In group actlvltles for a small donatlon or often for free Volunteers are varfously people who are.. In recovery from drug and alcohol problem5, In recovery from, or Ilvlng wlth, mental health problems. Ilvlng wlth physlcal dlsabllltles or long-term Illness. domestlc vlolence suNlvors. • retlred. long term unemployed. experlenclng isolatlon . cèrers. The Secret Space Is beneficlal to the publlc In a varfety of ways Includlng: • glvlng access to health sustalnlng actlvltles to those on low Income provldlng a space for the publlc to relax away from thelr everyday Ilves. learning important skills in terms of looking after themselves physically and mentally. volunteers who malntaln thelr recovery wlll draw less from publlc monles In terms of rehabllltstlon or crlmlnal Justlce processes. Increaslng local employment, brlnglng the local commvnlty together In a posltlve settlng. provldlng the publlc wlth an Increased awareness of Issues connerted to those who are soclally excluded In a non-judgmentsl way. The trustees conflm that they have complied with the requlrements of Sectlon 17 of the Charltles Art 2011 to have due regard to the Charlty CommlssSon's guldance on publlc beneflt, Pa8e 2

The Secret Spau Llmlted Trustees, Report (contlnued) For Th• Y••r End•d 31 M•rch 2025 Plnan¢l•l Po•ltlon The charlty contlnued to dellver servlces throughout the year, slowly Increaslng cla55 attendance It reported a total Income of £129,233. Includlng restdtted fundingi compared to £151,454 the prevlous year. Included In that fl9ure It recelved grants to the value of ÉSOO compared to £26, 188. Due to c105e c05t control The Secret Space was able to contlnue to dellver Its charltable purpose R•serve• Pollcy The trustees have agreed a pollcy whereby unrestrlcted funds should be malntalned at a level sufflclent to cover the charlty's expenses for a minimum of three months. This pollcy allows for a redurtlon In Income dudng any part of the year whilst allowlng the charlty to contlnue performlng Its artivltles ot the current level The balance carrled forward In reserves as at 31st March 2025 was £28,290, (£24,414 31st March 2024). Structur•, Go¥•rn•nc• and 14anag•m•nt Governlng Document The charlty Is controlled by Its governlng document, a deed of tnjst, and constitute5 a Ilrnlted companyi Ilmlted by guarantee, as defined by the Companles Act 2006. The Secret Space was a wholly owned subsldlary of Change, Grow, Uve, whlch 15 also reglstered charlty, untll 3 1 March 2021. Tru•tee Selectlon Methods The Secret Space Is commltted to equal opportunStles and operates on open recrultment process to attract Sndlvlduals wlth the necessary sklll set and commltment to help us succeed, Appllcants wlll be sought through advertlsement and are Invlted to o fomial Intervlew wlth the trustees as well as the centre co-ordlnator. Reference5 are taken up before an appolntment Is made. Tru5tee5 may serve up to two, three-year terms of offlce. All trustees would recelve a full Inductlon and partlclpate In any on-golng tralnlng events. R•feren¢• •nd Admlnl•tr•tlv• D•t•ll• Tru•t• Mr Phllllp Massettl Ireslgned 0910512025) Mr Mark Barry (appolnted 1710412025) Ms Carla Olxon (appolnted 17105120251 Ms Rachel Houghton (appolnted 1210912024) Ms Rosemary Mathew5 (appolnted 1210912024) Ms Fellclty Reed (appolnted 2210412025) Ms Sarah A5tell (re51qned 31103120251 Ch•rlty Numb•r 1167219 cOm￿nY 14uml 09161978 Prlndpal Addr• 105 Fore Street Hertford Hertfordshlre SG14 IAS Page 3

The Secret Space Llmlted Trustees. Report (contlnued) For The Year Ended 31 March 2025 R¢glrt¢r•d Offl 105 Fore Street Hertford Ilertford5hlre SG14 IAS Indop•nd¢nt Ex•mln•r Davld Carman FFA Welwyn Consultancy Umlted 10 Prospect Place Welwyn Hertfordshlre AL6 9EW PA8¢ 4

The Secret Space Llmlted Trustee•, Report {¢ontlnued) For The Year Ended 31 March 2025 Sm•ll Comyny Rule• Thls report has been prepared in accordance wlth the speclal provlslons relatlng to companies subjert to the small companles reglme withln Part 15 of the Companles Act 2006. The trustees, report w s approved by the board of trustees and slgned on Its behalf by: Ms Carla Dlxon Trustee 2011112025 Past 5

Th• S•¢ret Sp•c• Umlted Indep•nd•nt Examln•rfs Report to the Trustees of Tho Secrnt Sp•c• Umlt•d For The Year End￿ 31 March 2025 I report to the chartty trustees on my examlnatlon of the accounts of the Company for the year ended 31 March 2025. R••pon•lbllltlM •nd Ba•1• of R•port As the charlty trustees of the Company (and also Its dlrectors for the purposes of company law)* you are ￿SpOnSIble for the preparatlon of the accounts In accordance wlth the requI￿rnents of the Comparbles Act 2006 fthe 2006 Actl. Havlng 5atlsfled my5df thèt the accounts of the Company are not requlred to be audlted under Part 16 of the 2006 Art and are ellglble for Independent examinatlon, I report In respect of my examlnatlon of your chartty's accounts os carrled out under sectlon 145 of the Charltles Act 2011 rthe 2011 Art.). In carrylng out my examlnatlon I have followed the Dlrectlons glven by the Charbty Commlsslon under sectlon 145(5) (b) of the 2011 Act. Ind•pend•nt Examlner'• Stst•m•nt I have completed my examination. I confirm that no matters have come to my attentlon In connertlon wlth the examlnatlon givlng me cause to belleve: ccountlng records were not kept ID respect of the Company as requlred by sectlon 386 of the 2006 kt; or 2. the accounts do not accord wlth those records; or the accounts do not comply wlth the accountlng requlrements ol sectlon 396 of the 2006 Act other than any requlrement that the accounts glve a 'true and fair vlew, which Is not è matter con51dered as part of an Independent examlnatlon; or the accounts have not been prepared In accordance with the methods and pnnciple5 of the Statement of Recommended Pract4￿ for accountlng and reportlng by charltles appllcable to charttles preparlng thelr accounts In accordance wlth the FlnJnclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102). I have no concerns and have come Jcross no other matters In connectlon wlth the examlnatlon to whlch attenUon should be drnwn In thls port order to enable a proper understandlng of the accounts to be reached. Djvld Carman FFA 2011112025 10 Prospect Place Welwyn Hertrordshire AL6 9EW Pa8e 6

Th• Secret Sp?ce Umlted statem¢nt of Flnan¢l•l Artlvltle$ (Includlng Income and Expendlture A¢¢ount) For Th• Year Ended 31 14•rch 2025 2025 2024 Unrestrlrt•d Unre•trlrted fund• fund• Not INCOMe AND ENDOWMENTS PROM: Oonatlons and le9ades Charltsble actlvltles: Yo9a and compllmentsry theraples 2.655 26.933 126.578 124.S21 129,233 151.454 EXPEIIDrnIRE 014: Charitsble actlvltles: Yoga and compllmentary thernples { 133,657) (145,912) NEf (EXPENDITURE)/INCOME {4,424) 8,300 5,542 Other galns NEf MOVEMENT IN FUNDS 3,876 5,542 RECONCILIATION OF FUNDS: Total funds brought forward 24,414 18.872 TOTAL FUNDS CARRIED FORWARD 14 28,290 24,414 The notes on pages 9 to 13 form part of these flnanclal ststements. Pale 7

Th• Secret Space Llmlted Balance Sheet AS At 31 March 2025 2015 2024 Unre•trlcted Rejtrlcted fund• funds Total funds ToL•l fvnd• Nots* FZXED ASSErs Tongible Assets io 795 795 795 CURREiif ASSETS Debtors Cash at bank and In hand li 7.248 41,621 7.248 61,610 12.839 43,481 19.989 48.869 (9.705) 19.989 (19.989) (19.694 ) 56,320 Cr•dltors: Amouftts Palllng Due Wlthln On• Y•ar 12 (9.232 ) 39.164 39.164 47.0 TOTAL Assrrs LESS CUIiREKf LIAaKLrriES 39,959 39.959 47,0 PROVZSIONS FOA LIABILIMS Provlsk)ns For Charyes 13 (11,669) (11.669 ) (22.674 ) 28,290 24,414 FUNDS OF ThE CHARrrY UnrestrlLted Funds I8.2￿? 24,414 TOTAL FUNDS 14 28,29) 24,414 For the year endlng 31 March 2025 the charftable company was entitled to exemptlon from oudlt under sectlon 477 of the Companles Art 2006 relatlng to small companles. The members have not requlred the charltable company to obtaln an audlt In accordance wlth sectlon 476 of the Companies Art 2006. The tnjstees acknowledge thelr responslbllltles for complylng wlth the requlrements ol the Act wlth respect to accountlng records nd the preparatlon of accounts. These accounts have been prepared In accordance wlth the provlslons appllcable to companles subject to the small companles reglme. On behalf ￿ the board Ms Carla Dlxon Trustee 2011112025 The notes on pages 9 to 13 form part of these flnanclal statements. hge8

The Secret Space Llmlted Notes to the Fln¥nclJl Ststements For The Year End•d 31 M•r¢h 2025 l. G•ner•l Inform8tlon The Secret Space Llmlted Is a company 1Smlted by guarantee, Incorporated In England & Wales, reglstered number 09161978 and reglstered charlty number 1167219. The reglstered offSce 15 105 Fore Street, Hertford, Hertfor(fshlre, SG14 IAS. 2. Accountlng Pollcl 2.1. Ba•1• of Preparatlon of Fln•ncll Statements The nnancial statements have been prepared In accordance wlth the Charltles SORP {FRS 102) 'Accountln9 and Reportlng by Charftles: Statement of Recommended Practlce applicable to charltles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021 (effectlve l January 2019). Flnanclal Reportlng Standard 102 'The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Lreland" and the Companles Act 2006. The charltable company Is a Publlc Beneflt Entlty as defined by FRS 102. 2.2. Re•ource• Expended Expenolture Is recognlsed on an accnjal basls as a Ilablllty Is Incurred. Costs of generating funds comprlse the costs assoclated wlth attractlng voluntary Income Jnd the costs of tradlng for fundraising purposes. Charltable expendlture comprlses those costs Incurred by the chJrlty In the dellvery of Its actlvltles and servlces for Its beneflclarles. It Includes both costs that con be allocated dlrectly to such actlvbtles and those costs of an Indlrect nature necessary to support them. Governance costs Include those costs èssoclated wlth meetlng the con5titutlonal and ststutory requlrements of the charlty nd Include the Independant Examlnerst fees and costs Ilnked to the strateglc management of the Charlty. 2.3. T•nglble Flx¢d AM¢ts •nd Depre¢l•tlon Tangible flxed assets are measured at cost less accumulated depreclatlon and any accumulated Impalrrnent1055es. Depreclatlon Is provided ot rotes calculated to wrlte off the cost of the flxed assets, less thelr estlmated resldual value, over thelr expected useful Ilves on the followlng bases: Flxtures & Flttlngs 25% of net book value Computer Equlpment 25% of net book value 2.4. C••h and Caih Equlvl•nts Cash and cash equivalents are baslc flnanclal assets and Include cash In hand and deposlts held at call wlth banks. other short-term hlghly Ilquld Investments that mature In no more than three months from the date of acqulsltlon and are readlly convertlble to a known amount of cash wlth Inslgnlflcant rlsk of change In value, and bank overdrafts. 3. In¢om• from Oon•tlon• and L•9acl•A 2025 2024 Unr••trl¢t•d Unr••trfrt•d fund• fund• Oonatlons Jnd glfts Grants 2,155 500 745 26,188 2,655 26,933 4. N•t Infom•/(Expendlture) The net (expendlture)Ilncome 15 ststed after charglngl(credltlng): 2025 2024 Depreclatlon of tanglble fixed asset5 owned 71 Pa8e 9

The Secret Space Llmlt¢d Notes to the Fln•nclJl Statements {contlnued) For The Year end•d 31 M•rch 2025 5. An•ly•l• ol Expendlture 2025 Support ¢o•ts (see nrte 6 ) 133.657 2024 (see n(*e 6 ) Yoga and compllmentary theraples 145,912 6. Support Co•ts 2025 Yoga and compllment•ry therap1•• Staff costs Premlses expenses General admlnlstratlon Depreclatlon Governance costs 99,479 17,296 15,091 71 1,?20 133,657 2024 Yog• and compllm•nt•ry therap1¢• Staff costs Premlses expenses General admlnlstratlon Governance costs 100,035 17,948 22,773 5,156 145,912 7. Ind•p•ndent Ex•mln•r'• R•mun•r•tlon 2025 2024 Independent examlnatlon of the financlal statements Other assurance seNlces Tax advlsory servlces Other finjnclal servlces 800 1,720 800 5,156 2,520 S,956 Past 10

The Secret Space Llmlt•d Note• to the FlnJnclal Statements (contlnued) For Th• Year Ended 31 M•r¢h 2015 8. St•ff Co•t• Staff costs were as follows: 2025 2024 Wages and salarles Other penslon costs 26.172 688 52,464 1,118 26.860 53,582 No ernployees recelved employee beneflts (excludlng empbyer penslon costs) for the reportlng perfod of more than £60,000. 9. Av•rag• Numb•r of Employ• Average number ol employees dvrfng the year was: 2 {2024'. 2) 10. Tanglble AM•t• Flxturei & Flttln Comput•r Equlpment Total Cost As at l Aprfl 2024 Addltlon5 1,491 866 612 2,103 866 As Jt 31 March 2025 2.357 612 2,969 D•pr•clatlon As at l Aprll 2024 Provlded durlng the perlod 1,491 71 612 2,103 71 As Jt 31 March 2025 1,562 612 2,174 Ilet Jook Value As at 31 March 2025 795 795 As at l Aprll 2024 I l. Debtor• 2025 2024 Du• wlthln on• y••r Trade debtors Other debtors 2,498 4.750 8,089 4,750 7,248 12,839 12. Cr•dltor•: Amount• Ifalllng Du• Wlthln On• Y••r 2025 2024 Trade credStors Taxatlon and soclal securlty Accruals ènd deferred Income 9,363 342 19,989 8.826 406 29,694 9,232 P88e 11

The Secret Space Llmlt•d Note• to the Flnanclal Statements (contlnued) For Th• Y••r Endod 31 March 2025 13. Provl•lon• •nd Fundlng Commltment• oth•r Provlslon• Total• Balance at 31 March 2024 Utilised Reversals 22,674 (8,300) (2,705) 22.674 {8,300) Balance at 31 March 2025 11,669 11,669 Included In provlslons Is an amount of £10,000 (2024 £18.3001 In respect of dllapldatlons on the leasehold property occupled by the Charlty. After due conslderatlon the Trustees released £8,300 from provlslons to general funds based on the decreased Ilkelyhood and cost of future dllapldatlons. 14. Mov•m•nt In Funds A• •t l Aprll 2024 Galns and lo•• A••t31 March 2025 Income Exp•ndltur• Unr•rtrlrt•d fvnd• General,. General unrestrlcted fund 24,414 129,233 (133.657) 8,300 28.290 Total lund• 24,414 129,233 (133,657) 8,300 28,290 A• at l Aprll 2023 at31 Exp•ndltur• M•rch 2024 Incom• Unro•trlct•d fund• General.. General unrestrlcted fvnd 18,872 151,454 (145,912) 24,414 Tot•1 fund• 18,872 151,454 {145,9121 24,414 IS. Tr•nMrtlon• wlth Tru•t• None of the trtsstees received any remuneratlon or any other benefits from an employment wlth the charlty or o related entlty durlng the current or prevlou5 year. Durlng the year the expenses relmbursed to the trustees or pald dlrectly to thlrd partles were a5 follows: 1025 2024 16. Related Party DI￿1￿U￿• There have been no related party transactlons In the reportlng pertod that requ1￿ dlsclosure, except for those dlsclosed In the Transartion5 wlth Trustees note. PA8e12

The Secret SpJce Llmlted Notes to the FlnanclJl Ststements (contlnued) For Tho Year End•d 31 M•rch 2025 17. Company Ilmlted by guarantee The cofflpany 15 Ilmlted by guarantee and has no share capltal. Every member of the company undertakes to contrlbute to the assets of the company, In the event of J wlndlng UP* such an amount as may be required not exceeding £1. P￿¢ 13

The Secret Space Llmlted D¢talled Ststernent of FlnJncl•l Actlvltles (Includlng Income and Expendltur¢ A¢¢ount) For Th• Year Ended 31 March 2025 2025 2024 Total fund• Total fund• IP4COME AND ENDOWMtNTS FROM: Don•tlons and leg•cle• Donatlons and glfts Grants 2,155 500 745 26.188 2,655 26,933 Charltable Artlvltl¢•: Yog• and compllment•ry th•r•ph• Sale of goods or servlces Rental Income 117,408 9,170 115.401 9,120 126.578 124.521 129.233 151,454 EXPENDITURE ON: Charltable A¢tlvltl••: Yog• and compllm•ntsry th•r•pl•• Wage5 and 5alarSes Employers penslons - deflned benefits scheme Subcontrartor costs Staff tralnlng Rent Llght and heat Repalr5, renewals and malntenance Insurance Prlntlng, postage and statlonery Carrlage and frelght Advertlsln9 and marketlng costs Telecommunlcatlons and data costs Independent examlner's fees Accountancy fee$ Consultancy lees Subscrlptlons Bank charges Sundry expenses Depreclatlon of flxtures and flttlngs Independent examlner's fees (26, 172) (688) (71,969) (650) 114.248) {3,048) (3,726) {775) (5861 (6121 (2,096) (2,304) 1800) 3.779 {52,464) {1,118) (45,985) {468) (15,408) 12,540) {3,972) (2.617) {102) 15,553) 1555) (800) (1,954) (3,694) (2,722) (804) (3,8901 (3,129) 1952) 171) {1,720) (5,156) (133.657) (145.912) (133,657) {145,912) NeT (EXPENDrruRE)/IP4COME (4.424) 5,542 P88e 14