**REGISTERED COMPANY NUMBER: 10493204 (England and Wales) REGISTERED CHARITY NUMBER: 1172250**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 December 2022**
## **for**
**Paper Foundation (A Company Limited by Guarantee)**
Stables Thompson & Briscoe Ltd Chartered Accountants & Business Advisors Lowther House Lowther Street Kendal LA9 4DX
**Paper Foundation**
## **Contents of the Financial Statements for the Year Ended 31 December 2022**
|||**Page**||
|---|---|---|---|
|**Reference and Administrative Details**||1||
|**Report of the Trustees**|2|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**|7|to|8|
|**Notes to the Financial Statements**|9|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**Paper Foundation**
**Reference and Administrative Details for the Year Ended 31 December 2022**
**TRUSTEES** J E Sharp P J Willink M A J Cropper Mrs A F Cropper E W G Bayntun Coward (appointed 14.2.22) Ms P A H Elliott (appointed 5.12.22) **REGISTERED OFFICE** C/O Estate Office Ellergreen Kendal Cumbria LA9 5SD **REGISTERED COMPANY** 10493204 (England and Wales) **NUMBER REGISTERED CHARITY** 1172250 **NUMBER INDEPENDENT EXAMINER** Stables Thompson & Briscoe Ltd Chartered Accountants & Business Advisors Lowther House Lowther Street Kendal LA9 4DX
Page 1
**Paper Foundation**
## **Report of the Trustees for the Year Ended 31 December 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Paper Foundation is a charity committed to the preservation and celebration of paper-making and all paper related arts, crafts, and industries. It hopes to fulfil this role to a level of national and international significance.
It primarily fulfils its objectives from an institution located close to the historic James Cropper paper-mill in Burneside, a small village in the foothills of the English Lake District with a history of paper-making dating back to 1746.
The Paper Foundation has several interrelated aims:
- To perpetuate the craftsmanship and knowledge necessary for the production of handmade paper and the continuation of its associated arts, crafts and industries. This includes (but is not limited to) print-making, letterpress printing, bookbinding and paper conservation;
- To conserve the objects and artefacts that comprise the physical heritage of paper-making and related paper arts in the United Kingdom;
- To provide open access to archives, documents and artefacts, facilitate research, and share this with as wide an audience as possible;
- To regenerate the paper-making community of Burneside and enrich the cultural life of the north of England and all those who visit.
## **Significant activities**
The Foundation bears several traits of a museum, but its ethos is to focus on the present and future of paper as much as the past.
Current activities include the creation since 2015 of the most important archive dedicated to paper in the United Kingdom. This is based on the ground-floor of a country house with paper industry associations and is growing all the time. Nearby the Foundation has operated a hand-made paper-mill since 2020.
## **Public benefit**
In determining these objectives, the Trustees have paid due regard to The Charity Commission guidance on public benefit.
Page 2
**Paper Foundation**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
During the year, the Foundation has continued to build its profile, operations and collections.
The Foundation has continued to ensure the survival and continuation of the endangered craft of papermaking by hand and successfully recruited a trainee papermaker to work alongside the Foundation's papermaker. This has enabled the Foundation to significantly increase production and successfully develop a small product range. The Foundation successfully supported an application by the trainee papermaker for a Queen Elizabeth Scholarship Trust (QEST) craft apprenticeship. QEST funds craftspeople whom they recognise have potential for excellence.
The Foundation has increased its customer base for conservation papers and these continue to be supplied to leading museums and libraries internationally. In addition direct sales via the online website have also increased.
The Trustees agreed that it was important to focus on both improving the infrastructure and the production capacity of the Mill to help build resilience into the production process. With the help of an employed Fundraising Officer, planning and fundraising commenced towards the end of 2022, laying the foundations of an expansion project that will come to fruition in 2023.
The collections have continued to grow with further archiving undertaken in the partly refurbished ground floor of Ellergreen Mansion. Several successful events have been held in the library and meeting space including the Christmas Open day and meetings with academia.
## **FINANCIAL REVIEW**
## **Financial position**
The Charity received donations of £82,500 in the year (compared to £30,142 last year) excluding gift aid reclaimed. The charity received a further £12,500 (2021 - £10,292) in gift aid. Expenditure in the year totalled £105,748 (2021 £46,147) resulting in a surplus of £28,452 (2021 £7,858) and total carried forward reserves of £84,565 from £56,113 brought forward. All reserves are unrestricted.
At the end of the period the charity had unrestricted reserves of £84,565 (2021 £56,113). As the amount tied up in Fixed Assets is greater than this for both years there were no free reserves.
## **Reserves policy**
The charity is in start-up mode with this being the second year of operations. A reserves policy will be drafted as matters evolve including budgets and greater clarity on overheads and other financial commitments.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Paper Foundation was incorporated on 23 November 2016 as a not for profit company limited by guarantee.
Paper Foundation is a registered charity (number 1172250). The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association.
## **Recruitment and appointment of new trustees**
During 2022, two new trustees were appointed to strengthen the Trustee board:
Edward Bayntun-Coward was appointed as trustee as a result of his interest in the Foundation's aims, his long-term background and experience in the culture and arts sector, and his broad interest in paper arts.
Penny Elliot was appointed as trustee and has extensive relevant experience with cultural charitable institutions and as a lawyer, bringing a strong focus on governance.
The proposal is to broaden this list considerably, ideally to include a list of the highest-level advocates for the Foundation across the arts, culture and educational sectors. This could be realised through the creation of an advisory board as well as trustee appointments.
Page 3
**Paper Foundation**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management**
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 22 September 2023 and signed on its behalf by:
M A J Cropper - Trustee
Page 4
**Independent Examiner's Report to the Trustees of Paper Foundation**
## **Independent examiner's report to the trustees of Paper Foundation ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
H M Holmes BSc FCA
Stables Thompson & Briscoe Ltd Chartered Accountants & Business Advisors Lowther House Lowther Street Kendal LA9 4DX
Date: .............................................
Page 5
**Paper Foundation**
## **Statement of Financial Activities for the Year Ended 31 December 2022**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
Raising funds
5
**Charitable activities**
Development costs
Depreciation
Support costs
Governance costs
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
95,463
38,737
-
134,200
16,516
61,652
3,838
21,329
2,413
105,748
28,452
56,113
84,565|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-|31.12.22
Total
funds
£
95,463
38,737
-
134,200
16,516
61,652
3,838
21,329
2,413
105,748
28,452
56,113
84,565|31.12.21
Total
funds
£
44,432
9,566
7|
|---|---|---|---|---|
|||||54,005|
|||||8,934
26,344
1,428
6,672
2,769|
|||||46,147|
|||||7,858
48,255|
|||||56,113|
The notes form part of these financial statements
Page 6
**Paper Foundation**
## **Balance Sheet 31 December 2022**
|Notes
**FIXED ASSETS**
Intangible assets
10
Tangible assets
11
Heritage assets
12
**CURRENT ASSETS**
Stocks
13
Debtors
14
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
LIABILITIES
**CREDITORS**
Amounts falling due after more than one year
16
**NET ASSETS**
**FUNDS**
17
Unrestricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
1,500
42,150
64,626
108,276
9,493
11,306
18,167
38,966
(62,677)
(23,711)
84,565
-
84,565|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-|31.12.22
Total
funds
£
1,500
42,150
64,626
108,276
9,493
11,306
18,167
38,966
(62,677)
(23,711)
84,565
-
84,565
84,565
84,565|31.12.21
Total
funds
£
2,250
19,008
64,626
85,884
1,000
2,561
1,384
4,945
(15,216)
(10,271)
75,613
(19,500)
56,113
56,113
56,113|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
**Paper Foundation**
## **Balance Sheet - continued 31 December 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 September 2023 and were signed on its behalf by:
M A J Cropper - Trustee
The notes form part of these financial statements
Page 8
**Paper Foundation**
**Notes to the Financial Statements for the Year Ended 31 December 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Going concern**
The charity has net current liabilities of £23,711. The charity has a number of significant benefactors who are supporting the development of the charity's objectives. They have committed to ensuring that the charity can continue to operate during this development phase and until it can generate a surplus. Therefore, the trustees have prepared the accounts on a going concern basis.
continued...
Page 9
**Paper Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
|**2.**
**DONATIONS AND LEGACIES**
Appeals and donations
Gift aid tax reclaimed
Grants
Grants received, included in the above, are as follows:
QEST Apprenticeship funding
Other grants
**3.**
**OTHER TRADING ACTIVITIES**
Shop income
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Advertising and marketing
**6.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Computer software amortisation|31.12.22
£
82,500
12,500
463
95,463
31.12.22
£
463
-
463
31.12.22
£
38,737
31.12.22
£
-
31.12.22
£
1,329
31.12.22
£
3,088
750|31.12.21
£
30,142
12,500
1,790|
|---|---|---|
|||44,432|
|||31.12.21
£
-
1,790
1,790
31.12.21
£
9,566|
|||31.12.21
£
7
31.12.21
£
1,954
31.12.21
£
677
750|
continued...
Page 10
**Paper Foundation**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **8. STAFF COSTS**
## **9.**
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Number of staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
42,642
Other trading activities
9,566
Investment income
7
**Total**
52,215
**EXPENDITURE ON**
Raising funds
8,934
**Charitable activities**
Development costs
24,594
Depreciation
1,428
Support costs
6,632
Governance costs
2,769
**Total**
44,357
**NET INCOME**
7,858
**RECONCILIATION OF FUNDS**
Total funds brought forward
48,255|31.12.22
£
60,505
(13)
1,160
61,652
31.12.22
2
Restricted
fund
£
1,790
-
-
1,790
-
1,750
-
40
-
1,790
-
-|31.12.21
£
26,344
-
-
26,344
31.12.21
1
Total
funds
£
44,432
9,566
7
54,005
8,934
26,344
1,428
6,672
2,769
46,147
7,858
48,255|31.12.21
£
26,344
-
-
26,344
31.12.21
1
Total
funds
£
44,432
9,566
7
54,005
8,934
26,344
1,428
6,672
2,769
46,147
7,858
48,255|
|---|---|---|---|
|||||
||||54,005|
||||8,934
26,344
1,428
6,672
2,769|
||||46,147|
||||7,858
48,255|
continued...
Page 11
**Paper Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
|**9.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
fund
fund
£
£
**TOTAL FUNDS CARRIED FORWARD**
56,113
-
**10.**
**INTANGIBLE FIXED ASSETS**
**COST**
At 1 January 2022 and 31 December 2022
**AMORTISATION**
At 1 January 2022
Charge for year
At 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021
**11.**
**TANGIBLE FIXED ASSETS**
Improvements
Fixtures
to
Plant and
and
property
machinery
fittings
£
£
£
**COST**
At 1 January 2022
15,000
4,875
-
Additions
15,659
7,690
2,881
At 31 December 2022
30,659
12,565
2,881
**DEPRECIATION**
At 1 January 2022
-
867
-
Charge for year
-
2,512
576
At 31 December 2022
-
3,379
576
**NET BOOK VALUE**
At 31 December 2022
30,659
9,186
2,305
At 31 December 2021
15,000
4,008
-|Total
funds
£
56,113
Computer
software
£
3,000
750
750
1,500
1,500
2,250
Totals
£
19,875
26,230
46,105
867
3,088
3,955
42,150
19,008|Total
funds
£|
|---|---|---|
|||56,113|
||||
||||
||||
||||
||||
continued...
Page 12
**Paper Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **12. HERITAGE ASSETS**
|**12.**
**HERITAGE ASSETS**|||
|---|---|---|
|**MARKET VALUE**
At 1 January 2022 and 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021
**13.**
**STOCKS**
Stocks
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
VAT
Prepayments
Accrued income
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Payments on account
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income|31.12.22
£
9,493
31.12.22
£
9,292
2,014
-
-
11,306
31.12.22
£
13,882
46,500
668
-
367
1,260
62,677|Total
£
64,626|
|||64,626|
|||64,626|
|||31.12.21
£
1,000
31.12.21
£
-
-
2,209
352
2,561
31.12.21
£
-
7,172
366
6,678
-
1,000|
|||15,216|
continued...
Page 13
**Paper Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
|Trade creditors
**17.**
**MOVEMENT IN FUNDS**
At 1.1.22
£
**Unrestricted funds**
General fund
56,113
**TOTAL FUNDS**
56,113
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
134,200
**TOTAL FUNDS**
134,200
**Comparatives for movement in funds**
At 1.1.21
£
**Unrestricted funds**
General fund
48,255
**TOTAL FUNDS**
48,255
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
52,215
**Restricted funds**
Heritage Crafts HCA
1,790
**TOTAL FUNDS**
54,005||31.12.22
£
-
Net
movement
in funds
£
28,452
28,452
Resources
expended
£
(105,748)
(105,748)
Net
movement
in funds
£
7,858
7,858
Resources
expended
£
(44,357)
(1,790)
(46,147)|31.12.21
£
19,500
At
31.12.22
£
84,565
84,565
Movement
in funds
£
28,452
28,452
At
31.12.21
£
56,113
56,113
Movement
in funds
£
7,858
-
7,858|
|---|---|---|---|
|||||
|||||
continued...
Page 14
**Paper Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **17. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.1.21
£
48,255
48,255|Net
movement
in funds
£
36,310
36,310|At
31.12.22
£
84,565|
|---|---|---|---|
||||84,565|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Heritage Crafts HCA
**TOTAL FUNDS**|Incoming
resources
£
186,415
1,790
188,205|Resources
expended
£
(150,105)
(1,790)
(151,895)|Movement
in funds
£
36,310
-|
|---|---|---|---|
||||36,310|
## **18.**
**RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2022.
Page 15
**Paper Foundation**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Appeals and donations
Gift aid tax reclaimed
Grants
**Other trading activities**
Shop income
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Purchases
Payment processing fees
Closing stock
**Charitable activities**
Wages
Social security
Pensions
Contractors
Repairs and maintenance
Management fees
Miscellaneous staff costs
Membership and subscriptions
Collection additions
Software depreciation
Plant and machinery depreciati on
**Advertising and marketing**
**Management**
Rates and water
Insurance
Light and heat
Telephone and IT
Postage and stationery
Advertising
Carried forward|31.12.22
£
82,500
12,500
463
95,463
38,737
-
134,200
10,710
398
(8,049)
3,059
60,505
(13)
1,160
4,934
2,080
13,488
180
324
323
750
3,088
86,819
1,004
-
967
1,196
1,559
5,972
10,698|31.12.21
£
30,142
12,500
1,790
44,432
9,566
7
54,005
5,116
-
(1,000)
4,116
26,344
-
-
3,278
889
2,339
-
-
-
750
678
34,278
-
126
95
959
763
1,954
3,897|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16
**Paper Foundation**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022**
|**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2022**|||
|---|---|---|
|**Management**
Brought forward
Sundries
Motor and travel expenses
**Finance**
Bank charges
**Governance costs**
Accountancy
Legal fees
Training
Total resources expended
**Net income**|31.12.22
£
10,698
598
2,161
13,457
-
2,159
50
204
2,413
105,748
28,452|31.12.21
£
3,897
556
493|
|||4,946
38
1,738
1,031
-|
|||2,769|
|||46,147|
|||7,858|
This page does not form part of the statutory financial statements
Page 17