Coinpany Registration numbeT 10409374 Charity Registration number 1171176 BETHANY CHIUSTIAN CENTRE (a company limited by guarantee without share capital) ANNUAL REPORT AND FINANCIAL STATEMENTS 31 March 2025 Stephenson Coates Audit Limited Chartered Accountants West 2, Asama Court Ncwcastle Business Park Newcastle upon Tyne NE4 7YD
BETHANY CHRISTIAN CENTRE (a company limiled by guarantee without share capital) REPORT OF THE DIRECTORS The directors PTesent their annual report and the financial statements for the year ended 31 March 2025. Reference and administrative details Company number 10409374 Charity number 1171176 Principal address Bethaiiy Church Hettoii Road Houghton-le-spriiig Tle aiid Wear, DH5 8PF Independent examiner Johii Oswald BA FCA Stepheiisoii Coates Audit Liniited CharteTed accouiitaiits West 2, Asama Court Newcastle Business Park Newcastle upon Tyne, NE4 7YD Bankers Barclays Bank PLC Newcastle City Office Newcastle upon Tyiie, NEI 4QL Solicitors Square Oiie Law Alison House Th¢ Flcming Business Centre Burdon Terrace Jesmond Newcastle upon Tyne NE2 3AE Directors The directors who served during the year and up to the date of approval of this report were as follows: PJGill M R HendeTson D J Keith N Holmes RARust appointed 22 August 2025 resigned 20 January 2025 Page I
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) REPORT OF THE DIRECTORS (continued) Structure? governance and management Governing documents Bethany Christian Centre is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 3 October 2016. The charitable company was incoryorated on 4 October 2016 (registration iiumber 10409374) in order to provide distinct legal entity to carry out the activities of Bethany Christian Centre which since 1995 had been undertaken through a charitable trnst. The company was registered with th¢ Cl)arity Commission on 18 Jaiiuary 2017. 011 20 April 2017, Ihe busiiiess of Betl)any Christiaii Centre charitable trust (charity number 1060438) along with varioiis associated asscts aiid liabilities were transferred lo the cliaritable company. On the same day, the cliarilable compaiiy eiitered into a lease of the property kiiown as Bethany Church, Hetton Road, Houghtoii-le- Spriiig, DH5 8PF' the laiidlord for the puryoses of the lease being the chaiitable compaiiy Bethany Christian Centre Propety Trust (coinpaiiy regTStration nuiiiber 10412204, chaTlty nuinber I171231)- There are curreiitly four members, each of whoin agree to contribute £1 in the eveiit of the cliaritable coinpaiiy winding up. Appointment and retirement of directors Appointment of directors is governed by tlie existing directors of tlie charitable coinpany. New directors Inust declare tlieir belief iii and allegiance to tlie Statement of Beliefs set out in tlie Articles of Asbociation. Directors are appointed for a temi of three years, at tlie eiid of which they retire. Retiring directors aTe eligible for reappointiiient for two further lem)s, each of three years. Director induction and training Newly appointed directors will bc from the existing leadership of tlie Church. New directors are lmIShed with copy of tlie governiiig docuinents aiid a copy of tlie Cliarity Coimiiission's guidaiice 'The Esseiitial Trustec: What yoii need to kiiow. Organisation The directors meet regularly to review the activities of the Church. The leadership of the Church (which include the directors) meet monthly and all meetings are minutcd. Day to day activities are controlled by the Church administrator. Risk management The directors have identified risks and taken steps to initigate them.. Risks to buildings and contents are insured. Public liability risks are insured. A safeouarding policy is in place, including vetting procedures. The fire safety risk has been assessed. Detection and fire fighting equipment is iiiaintained to current standards. An evacuation policy is in place with designated responsibilities. All those involved were offered 'aining during tlie period. A member of staff is charged with health and safety and risk assessing. Page 2
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) REPORT OF THE DIRECTORS (conliiiued) Objectives and activities The Cliurch opcrates froiii premises at Hetton Road, Houghton-le-spring, Tyne and Wear. Cliurch membership is voluntary and free. The aims of the charitable company set out in the objects clause of the Articles of Association are'.- a) To advance the Christian Faith, in accordance with the Statement of Beliefs. b) The relief of persons who are in conditions of need, hardship or distress or who are aged or sick. c) To promote and fulfil sucli other charitable purposes as the directors may from time to time thiiik fit. Tliese aims are pursued iii the Houghtoii-le-spriiig area and in such other parts of the Uiiited Kiiigdoin or the World as the directors may from time to tiine tliink fit. Jii setting our objectives aiid pl]]111]g our activities, tl)e directors have regard to the Charity Coinmission's public benefjt guidance wheii exercising aiiy powers or duties to which tlie guidance is relevant. Achievements and performance Over tlie past 12 moiiths, our Church has continued to grow in a variety of ways. We continue to see new people froin all over the Coalfjelds area eitlieT join our Churcli or begiii to attend regularly. As tlie North East sees a rise in cultiiral diversity from Iiiany other coui)tries, our congregation has begun to reflect that reaKity as well. We fonnally joined the North East Gospel Paitnersliip (NEGP). This is a network of churclies based in the NoTtII East of England wliose aiin is to help ajid support each other iii ministry by providijig friendsliip, organising training aiid supporting new cliurcli planting iiiitiatives. W¢ wci-e able to spoiisor tliree of our Cliurch ineinbers to attend tlie year-loiig Ministry Traiiiiiig Course that included seininars covering SPiTitual Iieaiili, PTactical mijiistry, and key questions. This year, our Fainily Ministy has seen inore youiig people Tegiilarly attend our Sunday mon)iiig groups. We have over 85 cliildreii attend our ChuTch oli a Siiiiday inoniing to sing soiigs, play gaines, leani a niemory VCTSC, and then split off iiito tlii'ee classes. A consistent 0Up on Wednesday morning is OUT Toddler group whci"e we average 120 families each week. We have vaTiOUS rooms set out with age-appropriate toys as well as a craft room, story time room, train rooin, book library and main sports hall filled with ride-on toys and slides. We have 20 volunteers that help out on a Wednesday. During the Easter Holiday. we put on an Easter Club for the Years 2-6. OveT the course of four days, there were 180 children and 50 volunteers participating in various games. skits, and group competitions. In the Summer Holidays, we provided a Sports Camp for local children. We offered a Tange of activities, including climbing walls. archery, football coaching, aiid axe throwing. We provided healthy snacks and food throughoiit the day. In total over the four days, we had 60 children attend. During this past year, we have supported our chui.ch niembers by having a inonthly Saturday niorning Men's Study aiid breakfast. In addition, we offered 'How to Grow" classes on Sunday evenings. Group Leader Trainings for our volunteers, a Parent Forum to infonii and encourage parents of children and youth, a Parenting for Faith course on Monday evenings, and a weekly meeting for our Senioi's called CAMEO. Page 3
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) REPORT OF THE DIRECTORS (conliiiued) Achievements and performance (conlinued) As a part of our ongoing Discipleship strategy, Sunday evenings allow people to study the Bible deeper through a group called Dive. On Wednesday evenings, we have led courses called Hope Explored. Christianity Explored, Discipleship Explored, and the Prayer Course. Our "Christians Against Poverty" (CAP) Centre (Registered Charity Number 1097217 and Company Registered Number 4655175) has seen many clients become debt free during tlie past year. We delivcred Christmas Hampers to 15 families, Iiosted a Cliristmas party for client families that totalled 35 adults and childreii, and doiiated Easter Blessing bags to l O families. We are again extreniely grateful for the support of the Cl)urch membersliip in keeping our food baiik topped up witli items of food as well as donatioiis of cash to allow us to buy supplies. In partiiersliip with SuiideTl2iid Couiicil, we have been able to inake use of graiit moiiey to help those iii iieed. Other churches aiid scliools, sucli as Hougliton Methodist Cliurch, Carrville Methodist Church, Dubmire Prijiiary School, individuals aiid local organisations have coiitinued to support our food baiik with food iteins or cash doiiatioiis. Last year, as part of our Christtnas outreach, we dojiated 93 hanipers to needy families within local schools. Each haniper was put together by our church staff aiid volunteers. We once again put oil The Christnias Shop to help families who were struggling to purchase toys for their kids at Christmas. By working with local schools and organisations, families were identified and invited to our Church to choose from a selection of new toys for their kids. We also led several local 5¢11001s RE Visits, the Gillas Lane Primary School Lego Club, and hosted two local primary scliool nativity plays, and our local Stroke Association Ineetings. Financial review Members giving TncTeased tliis year froni £274k last year to £313k. This has maijily been as a resiili of increased new Churcli members aiid existing iYJ¢iiibers who aTe regularly giving. There have been some special collections which have been designated for projects taking place duriiig the yeai". We recciv¢d £6,158 in donations towards our Christmas Sliop enabling local families, who were identified by local schools and OTganisations, to Provide pi-esents to their children at Christmas. along with a food haniper. Secondly £5,325 was raised for OUT food bank to help fund Food Hampers to families in the area and CAP clients. This incliides support received froin Sunderland City Council for our Food Bank. We continue to set aside 2.20/0 of our incotnc to maintain a fund foi. future repairs to the building. As at tlie year end tliis aniounted to £9,417. We will continue to set aside 2.20/0 each year as Bethany Christian Centte Property Trust Limited has ceased its undertaking to pay for all repair works. The surplus for the year was unexpected owing to very Iiigh inflationary pressures on expenditure, wages and also the effect these inflationaTy pressures may have on meinbers giving. This has been offset with incTeased giving by members and an increase in givers opting in to gift aid. Page 4
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) REPORT OF THE DIRECTORS (contsiiued) Financial review (contiiiued) This coming year will continue to be a challenge as inflation continues to rise pushing up costs. and cost of living pressures are being faced by our church coniniunity resulting in a potential reduction in donations. Overall, the directors are delighted that we have achieved a modest surplus for the year. Investment and reserves policies Sury)lus funds are held in interest beariiig accounts wliich allow quick access to the funds should the need arise. A review of Tetunis is periodically undertakeii to eiisure a competitive return aiid maximum security of our funds. The directors seek to maintaiii free reserves at arouiid £60,000 to provide working capital for tlie activities of tlie Churcli and also to provide cover for uiiforeseeii Ch]geS iii iiicoine. At the end of the year, free reserves were £121,152 (2024- £103,622). Plans for future As oiir Church grows in atteiidance and activities, we continue lo discuss possible optioiis to add inore space or iiiore services to accoiniiiodate the nuiiiber of people eiigaging with our iniiiistry. We also are considering the best way to participate iii iiiinistries beyoiid the UK. Our hope is the establish global partiierships that allow our Cliurch lo encourage those in difficult parts of tlie world. We also desire to see more links Iiiade with like-iiiinded area churclics to coinbine effoTts in helping the people in our coinmuiiities. Statement of directors, responsibilities in relation to the financial statements The directOTS are responsible for preparing the directors, report and the financial statemeiits iii accordance witli applicable law and Uiiited Kiiigdoiii Accounting Staiidards (United Kingdom Geiierally Accepted AccouJ)ting Practice). Company law requires the directors to prepare financial statements for each financial year wliich give a true and fair view of the state of affairs of the charitable company and of tlie income and expenditure of the charitable company for tliat period. In preparing these financial statements, the directors are required to.. select suitable accounting policies and then apply theni consistently. observe the methods and principles in the Charities SORP. make judgenients and estimates that are reasonable and prudeiit. and prepare the financial statenients on tlie going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The directors are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements coinply with the Coinpanies Act 2006. They are also responsible for safe(ruarding tlie assets of the charitable company and hence for taking Teasonable steps for the prevention and detection of fraud and other irregularities. Page 5
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) REPORT OF THE DIRECTORS (contiiiued This Teport has been prepared in accordance with the provisions applicable to companies subject to the small companies, Tegime. Approved by the directors on 8 December 2025 and signed on their behalf by: M R Henderson Director Page 6
REPORT OF THE INDEPENDEINT EXAMINER TO THE DIRECTORS OF BETHAJNY CHRISTIAN CENTRE I report to Ilie charity trustees on my exaniination of the accounts of the charitable company foT the year ended 31 March 2025, which are set out on pages 8 to 13. Responsibilities and basis of i'eport As the charity's trnstees of the company {aiid also its directors for the purposes of COMp)Y law) you are responsible for the preparation of tlie accounts in accordance with the requirenients of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that tlie accounts of the company are not required to be audited under Part 16 of the 2006 Act ai)d are eligible for independent examination, I report in respect of my examiiiation of your charity's accounts as carried out uiider section 145 of the Charities Act 2011 (the '2011 Act.). In carryiiig out my exainiiiatioii I have followed the Directioiis given by the Charity Cominission iiiider section 145(5)0)) of the 201 l Act. liidependenl examinei s i'eport I confimi that l ain quallfied to undertake the exainination because I ain a Ineirjber of the li)stitute of Chartered Accountants in Eiigland aiid Wales. I have coinpleted iny exainiiiatioii. I confirn) that no Inatters have coine to my atteT)tion iii connectioi) witli the examination giving me Cause to bclieve.. l ) accoiiiitiiig records were not kept in respect of the coiiipany as required by seclion 386 of the 2006 Act- or 2) the accouiits do not accord with those accounting records- or 3) the accounts do not comply with the accounting requiremenls of section 396 of the 2006 Act other than any requirement tliat the accounts give a 'tNe and fair. view which is not a matter consideTed as part of an indepeiident exan)ination' or 4) the accoiiiits have not been prepared in accordance witli the inethods and priiiciples of the Stateinent of Recoinmended practice for accounting and reporting by charities [applicable to chai'ities Preparing their accounts iii accordaiice with the Finaiicial Rcporting Standard applicable iii tlic UK and Republic of Ireland (FRS 102)]. I Iiave no concerns and have come across no otlier niatteTS in connection with tlie exainiiiation to which atteiitioii sliould be drawn in tliis report iii order to cilablc a proper understaiiding of the accounts to be reached. Z a.,iJ John Osivald BA FCA Stephenson Coates Audit Limited Chartered accountants West 2 Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD 8 December 2025 Page 7
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) STATEMENT OF FINANCIAL ACTIVITIES foi. the Jyear ended 31 March 2025 Unrestricted Restricted funds funds Total 2024 Total INCOME FROM Donations and legacie5: Church membeis Gift aid tax recoverable Grants 250,331 62,964 14,802 3,337 265,133 238,498 66,301 50,991 24,195 313,295 18,139 331,434 313,684 Charitable activities: Use of facilities donatioiis Mii)istries Miscellaiieous 1.000 12,770 1,000 19,286 680 17,308 487 6,516 13,770 6,516 20,286 18,475 Investment income: Interest receivable Total 329,882 24.655 354,537 335,013 EXPENDITURE ON Charitable activities: Evangelism Gifts and missionary support Staff costs (note 2) PTemises and offjce costs Independent exaininer's fee Depreciation 40,507 4,835 159,325 104,673 1,890 16,391 3.907 8,235 56.898 8,742 167,560 104,673 1.890 63,710 8,928 162,554 94,586 1.798 Total 323,397 28.533 351,930 337.742 Net income/(expenditure) 6,485 (3,878) 2,607 (2,729) Funds brought fonvard 128 349 132 227 134956 Funds carried forivard £134,834 £134,834 £132,227 Page 8
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) BALANCE SHEET at 31 March 2025 Nole 2025 2024 FIXED ASSETS Tangible fixed assets 13,682 24,727 CURRENT ASSETS Sundry debtors Bank deposit account Bank current account Cash in Iiand 23,115 133,606 12,414 28,076 135,165 7,972 293 170,206 171,506 CREDJTORS: amounts falling due within one year NET CURRENT ASSETS 121,152 107,500 TOTAL ASSETS LESS CURRENT LIABILITJES £134,834 £132,227 FUNDS Unrestrlcted funds Restricted funds 134,834 128,349 3,878 £134,834 £132,227 In approving tliesc fJnan¢ial stateineiits (which include the iiot¢s on pages l O to 13) as directors of the chaTltable company, we Iiereby confirni: (a) tliat for the period stated above tlie cliaritable coinpaiiy was entitled to the exeniption coiiferred by Section 477 of tlie Conipanies Act 2006. (b) that no notice has been deposited at the registered office of the charitable coinpany pursuant to Section 476 reqiiesting that an audit be conducted for the year ended 31 March 2025 and (c) that we acknowledge our responsibilities for.. ensuring that the charitable company keeps accounting records which comply with Section 386, and pr¢paTing financial statements which give a true and fair view of the state of affairs of the charitable compaiiy as at the end of the financial period and of its profit or loss for the period then ended in accordance with the requirements of Sections 394 ]d 395 and wliich othenvise coniply with the provisions of the Companies Act Telating to financial stateinents, so faT as applicable to the charitable coinpany. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the sinall entities regiine of Financial Reporting Standard l 02. These financial statements were approved by the directors on 8 December 2025 and are signed on their behalf b RARust Director Company registration number: 10409374 Page 9
BETHANY CHRISTIAN CENTRE (a company limited by guarantee witliout share capital) NOTES TO THE FINANCIAL STATEMENTS for the J?ear ended 31 Morch 2025 Accounting policies Basis of preparation of financial statements The financial statements of the charitable company have been prepaTed under the historical cost convention and in accordance with Ilie 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), the Companies Act 2006 and United Kingdoin Generally Accepted Accounting Practice applicable to sinaller entities. Tlie charitable company is a public benefit entity as defjned by FRSIO2. Tlie fInancial accouiits are prepared in Sterling (£), wliicli is the fuiictional curreiicy of tlie charitable conipaiiy. Going concern The directors of the charitable coinpany are satisficd that there are no inalerial uncertaiiities conccniing the charitable coinpany's ability to cojitijiue as a goiiig concern for a period of at least 12 inoiiths froin the date of approval of the financial statcincnts. Accordingly, the financial staeineiits continue to be prepared on the goiiig Conceni basis. Fund accounting Ui)restricted fuiids are those available for use at the discretion of the directors iii furtheraiice of the geiieral objectives of the charity aiid which have iiot b¢en desigjiated for other puryoses. Restricted funds are those that are to be used in accordance with the specific restrictions imposed by donors or wliicli have been raised by the Charity for particular puryoses. Designated funds are eannarked by the directors for particular Purposes. Income Gi12117g - Coll¢ctioiis are recognised wlien received by or on behalf of the Church. Planned giving under Gift Aid is r¢cognised oiily when received. liicoine tax recoverable on Gift Aid doiialions is recognised when the iiicome is recognised. Graiits aiid legacies are accountcd for as soon as the Churcli is notified of its legal entitlemeiit, the amount due is quantifjable and its ultimate receipt by the Church is certaiii. Ini)estmeFIt income - Interest entitlemcnts arc accounted for as they accrue. Expenditure C17ai-ilable aclivilie,f The cost of charitable activities represents the cost of undertaking the charity's objectives. All expenditure is accounted for on an accrnals basis. Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing tlie charity to that expenditure, it is probable tbat a transfer of economic benefits will be required in settlement and the amount of the obligation can be measiired reliably. Value added tax is not recoverable by tlie charitable coiiipany and as such it is included in the relevant costs in the Statement of Financial Actsvities. Tangible fixed assets Depreciation is provided on tangible fixed assets at rates calculated to wIite off the cost over their expected useftil economic lives as follows: FIxti¢S and fittings Equipnient Coniputer equipnient 20 % straight line basis 20 % sttaight line basis 33/ /0 straight line basis Page 10
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) NOTES TO THE FINANCIAL STATEMENTS foi. Iheyear ended 31 March 2025 (conliiiued) Accounting policies (continued) Impairment of fixed assets Fixtures, fittings and equipment are reviewed for impaimient if events or changes in circunistances indicate that the carrying amount of such assets may not be recoverable. If there is an indication of possible impairn]ent, the recoverable amount of any affected asset is estimated and compared against its carrying amount. Where the estiniated recoverable amount is lower. an impairment loss is recognised immediately in the Statemeiit of Financial Activities. Debtors and creditors due Ivithin one year Debtors and creditors witli no stated iiiterest rate aiid receivable or payable witliin oiie year are recorded at transaction price. Ajiy losses from impainneiit are reColiSed iii eXpendIre. Operating leases Reiitals applicable to operating leases where substantially all the beiiefits ]d risks of ownership remaiii with tlie lessor are reflected in the Statcinent of Fiiiaiicial Activities as incurred. 1.10 Pension costs The charity operates defined contribiition pension schemes for its staff. The s¢heJnes and their assets are held by iiidependent inanagers. The pension charge iii the financial statciiients reprcseiits conlribulioiis due froin the charity for the period. Voluntary assistance Tiiiie is expended on tlie charity's activities and governance which is donated free of cliarge. It is Iiiipractical to quantify tlie value of tlie time given, and accordiiigly it is n¢itlier recorded as donated inconie nor as ali expense in the fiiiancial statements. Staff costs No remuiieration was paid to directors in tl)e year, nor were any expenses reimbuTsed to them. For the purposes of FRS102, tli¢ directors are considered to be key niaiiagemeiit persoiinel. Staff costs in the period comprised.. 2025 2024 Wages and salaries Social security costs Pensions contributions 145,704 8,691 141,380 8.234 167,560 162.541 The average montlily number of employees durinir the year was as follows: Employees No employee received Temuneration amounting to more than £60,000 in either period. Page 11
BETHANY CHRISTIAN CENTRE (a company limited by guarantee without share capital) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 (conliiiued) Tangible fixed assets Fixtures & rittings Computer Equipment equipment Total Cost: At l April 2024 Additions 15,007 56,104 1,122 12,322 83,433 1,122 At 31 March 2025 15,007 57,226 12,322 84,555 Depreciation.. At l April 2024 Charge for year 10,079 2,354 39,139 9,779 9,488 34 58,706 12,167 At 31 Marcli 2025 12,433 48,918 9,522 70,873 Nct book aiiiouJit- At 31 Marcli 2025 2,574 8,308 2,800 13,682 At 31 Marcli 2024 4,928 16,965 2,834 24,727 All fixed assets are used foT charitable purposes. Debtors 2025 2024 Due withiii oiie year.. Gift aid tax Tecoverable Interest i'eceivable P1"epancntS Other debtors 12,697 400 9,810 208 15,835 487 10,551 23.115 28.076 Creditors: amounts falling due within one year 2025 2024 Other taxes aijd social security Sundry creditors and accrued expenditure Building maintenance provision Other creditois Deferred income 3.129 14,127 9.417 10.892 3,081 19,547 31,055 9,398 925 49,054 64,006 Page 12
BETHANY CHRISTIAN CENTRE (a company limited by guarantee witliout share capital) NOTES TO THE FINANCIAL STATEMENTS for iheyear ended 31 Mai'ch 2025 (contiiiued) Related party disclosures No person connected with the directors has been pald or is payable reiiiuneration or otl)er benefits froiii the funds of the charily. The charity operates from premises owned by Beihany Clwistian Centre Property Trust (company registration 10412204). under a 25 year lease at a peppercorn rent. Restricted funds Movement At31 March 2025 At l April 2024 Income Expenditure Mission gifts CAP gifts Sports week Toy shop Food bank graiits and donations 3,907 8,235 1,030 6,158 -3,907 -8,235 -1,030 -6,158 3,878 5,325 -9.203 3,878 24,655 -28,533 Movement At31 March 2024 At l April 2023 Income Expenditure Mission gifts CAP gifts Sports week Toy shop Food bank grants and donations 3,930 8,522 17,361 6,140 -3,930 -8,522 -17,361 -6,140 2,609 7,780 -6,511 3,878 2,609 43,733 42,464 3,878 Restricted funds are held as Cllent assets. Page 13