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2022-06-30-accounts

Blackheath Rugby Charitable Trust

Trustees Annual Report for Period 1[st] July 2021-30[th] June 2022

Aim, Purposes, Objectives and Activities

“To promote community participation in healthy recreation for the public benefit by providing facilities and coaching for the playing of amateur rugby union football and other sports that are capable of advancing physical health and fitness.

For the public benefit to advance the education (including social and physical training) of young people in such ways as the charity trustees think fit, and in particular by the provision of coaching to support educational courses.

To provide and assist in providing facilities for recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life”.

Achievements and Performance

The financial year from 1[st] July 2021 to 30[th] June 2022 marked the third year of operation of the Blackheath Rugby Charitable Trust.

During the year, our facilities were rented by The Pointer School, Blackheath Rhinos Football Club, Greenwich and Lewisham District Cricket, Simba Cricket and Blackheath Cricket Club during the week.

These facilities are also being used by Blackheath Rugby for our 6-11 year olds plus our girls section from September through to the end of April.

Financial Review

During this period, BRCT received donations of £24,000 for specific use in relation to the provision of a coaching programme in local primary and secondary schools. This programme is being managed by Habib Annous on behalf of BRCT>

We also managed to realise income from renting out pitch use of £42,553 which is slightly less than in the previous accounting period, but given the impact of Covid is understandable.

Our bar income increased moderately in comparison to the previous period.

Management and maintenance costs during the period were £47,106, an increase of £10,000 approximately in comparison to the previous period, which is largely due to increased costs incurred in getting summer cricket up and running on the site as well as the associated preparation costs of the wicket during the off season.

Overall, net income for the year was £8,314.

When added to the retained funds in the previous period, the total funds available to BRCT stand at £29,942 as at 30[th] June 2022.

Reserves

In future years, it is the policy of the trustees to maintain a positive balance on unrestricted funds of at least £10,000 to cover emergency situations requiring expenditure that may arise from time to time.

Volunteers

We would like to thank all of our volunteers who work so hard maintaining our facilities for use by the local community.

Structure, Governance and Management

The site was managed on a daily basis by Alan Thompson as President of Blackheath Football Club.

The trustees of BRCT are responsible for making decisions on all matters.

Administration Information

The administrational office and correspondence address for Blackheath Rugby Charitable Trust is at The Club at Well Hall, Kidbrooke Lane, Eltham, London SE9 6TE.

The following trustees have served from 1[st] July 2021 to 30[th] June 2022:

Russell Ticehurst

James Skinner

Paul Roberts

Simon Botes

Approved by the Board of Trustees on 25[th] March 2023.

REGISTERED CHARITY NUMBER: 1173677

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

BLACKHEATH RUGBY CHARITABLE TRUST

Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

BLACKHEATH RUGBY CHARITABLE TRUST

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30 June 2022

Page
Report of the trustees 1
Independent examiner's report 2
Statement of financial activities 3
Balance sheet 4
Notes to the financial statements 5 to 8
Detailed statement of financial activities 9

BLACKHEATH RUGBY CHARITABLE TRUST

REPORT OF THE TRUSTEES for the year ended 30 June 2022

The trustees present their report with the financial statements of the charity for the year ended 30 June 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).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1173677

Principal address

Club @ Well Hall Kidbrooke Lane London SE9 6TE

Trustees

S Botes R Ticehurst J R Skinner P T Roberts

Independent Examiner

Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

Approved by order of the board of trustees on 6 December 2022 and signed on its behalf by:

R Ticehurst - Trustee

Page 1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKHEATH RUGBY CHARITABLE TRUST

Independent examiner's report to the trustees of Blackheath Rugby Charitable Trust

I report to the charity trustees on my examination of the accounts of Blackheath Rugby Charitable Trust (the Trust) for the year ended 30 June 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Ricky Hutson BSc FCCA ACA Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

6 December 2022

Page 2

BLACKHEATH RUGBY CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2022

2022
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
24,000
Other trading activities
2
47,667
Total
71,667
EXPENDITURE ON
Other
63,353
NET INCOME
8,314
RECONCILIATION OF FUNDS
Total funds brought forward
21,628
TOTAL FUNDS CARRIED FORWARD
29,942
2021
Total
funds
£
17,247
49,015
66,262
57,814
8,448
13,180
21,628

The notes form part of these financial statements

Page 3

BLACKHEATH RUGBY CHARITABLE TRUST

BALANCE SHEET 30 June 2022

2022
Unrestricted
fund
Notes
£
CURRENT ASSETS
Debtors
5
39,219
Cash at bank
43,533
82,752
CREDITORS
Amounts falling due within one year
6
(52,810)
NET CURRENT ASSETS
29,942
TOTAL ASSETS LESS CURRENT
LIABILITIES
29,942
NET ASSETS
29,942
FUNDS
7
Unrestricted funds
29,942
TOTAL FUNDS
29,942
2021
Total
funds
£
21,352
67,529
88,881
(67,253)
21,628
21,628
21,628
21,628
21,628

The financial statements were approved by the Board of Trustees and authorised for issue on 6 December 2022 and were signed on its behalf by:

R Ticehurst - Trustee

The notes form part of these financial statements

Page 4

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. 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.

Taxation

The charity is exempt from 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.

2. OTHER TRADING ACTIVITIES

Pitch income
Bar income
Lettings income
2022
£
42,553
4,912
202
**47,667 **
2021
£
45,861
2,633
521
49,015

Page 5

continued...

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 30 June 2022

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

5.

INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Total
EXPENDITURE ON
Other
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
Unrestricted
fund
£
17,247
49,015
66,262
57,814
8,448
13,180
21,628
2022
2021
£
£
3,460
1,761
33,526
19,591
2,233
-
39,219
21,352

Page 6

continued...

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Other creditors
2022
£
3,317
49,493
52,810
2021
£
82
67,171
67,253

7. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.7.21 in funds 30.6.22
£ £ £
Unrestricted funds
General fund
21,628
8,314 29,942
TOTAL FUNDS
21,628
8,314 29,942
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
71,667
(63,353) 8,314
TOTAL FUNDS
**71,667 **
**(63,353) ** 8,314
Comparatives for movement in funds
Net
movement At
At 1.7.20 in funds 30.6.21
£ £ £
Unrestricted funds
General fund
13,180
8,448 21,628
TOTAL FUNDS
13,180
8,448 21,628
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
66,262
(57,814) 8,448
TOTAL FUNDS
66,262
(57,814) 8,448

continued...

Page 7

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2022

7. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.7.20 in funds 30.6.22
£ £ £
Unrestricted funds
General fund 13,180 16,762 29,942
TOTAL FUNDS 13,180 16,762 29,942

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 137,929 (121,167) 16,762
TOTAL FUNDS 137,929 (121,167) 16,762

8. RELATED PARTY DISCLOSURES

At the year end the charity owed £49,331 (2021 - £41,606) to Blackheath Rugby Club Limited, a company whose director is also a trustee of the charity.

At the year end the charity was owed £2,495 (2021 - £19,591) to Blackheath Football Club Limited, a company whose director is also a trustee of the charity.

Page 8

BLACKHEATH RUGBY CHARITABLE TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2022

2022 2021
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 1,000 1,875
Gift aid 3,000 3,000
Government grants 20,000 12,372
24,000 17,247
Other trading activities
Pitch income 42,553 45,861
Bar income 4,912 2,633
Lettings income **202 ** 521
**47,667 ** 49,015
Total incoming resources 71,667 66,262
EXPENDITURE
Support costs
Management
Hervey road costs 47,106 37,379
Finance
Bank charges 35 2,905
Information technology
IT expenses 592 4,725
Other
Wages 13,685 3,375
Telephone 685 1,379
Postage and stationery 148 85
Sundries **102 ** 73
14,620 4,912
Governance costs
Accountancy and legal fees 1,000 7,893
Total resources expended 63,353 57,814
Net income 8,314 8,448

This page does not form part of the statutory financial statements

Page 9

REGISTERED CHARITY NUMBER: 1173677

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

BLACKHEATH RUGBY CHARITABLE TRUST

Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

BLACKHEATH RUGBY CHARITABLE TRUST

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30 June 2022

Page
Report of the trustees 1
Independent examiner's report 2
Statement of financial activities 3
Balance sheet 4
Notes to the financial statements 5 to 8
Detailed statement of financial activities 9

BLACKHEATH RUGBY CHARITABLE TRUST

REPORT OF THE TRUSTEES for the year ended 30 June 2022

The trustees present their report with the financial statements of the charity for the year ended 30 June 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).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1173677

Principal address

Club @ Well Hall Kidbrooke Lane London SE9 6TE

Trustees

S Botes R Ticehurst J R Skinner P T Roberts

Independent Examiner

Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

Approved by order of the board of trustees on 6 December 2022 and signed on its behalf by:

R Ticehurst - Trustee

Page 1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BLACKHEATH RUGBY CHARITABLE TRUST

Independent examiner's report to the trustees of Blackheath Rugby Charitable Trust

I report to the charity trustees on my examination of the accounts of Blackheath Rugby Charitable Trust (the Trust) for the year ended 30 June 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Ricky Hutson BSc FCCA ACA Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA

6 December 2022

Page 2

BLACKHEATH RUGBY CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2022

2022
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
24,000
Other trading activities
2
47,667
Total
71,667
EXPENDITURE ON
Other
63,353
NET INCOME
8,314
RECONCILIATION OF FUNDS
Total funds brought forward
21,628
TOTAL FUNDS CARRIED FORWARD
29,942
2021
Total
funds
£
17,247
49,015
66,262
57,814
8,448
13,180
21,628

The notes form part of these financial statements

Page 3

BLACKHEATH RUGBY CHARITABLE TRUST

BALANCE SHEET 30 June 2022

2022
Unrestricted
fund
Notes
£
CURRENT ASSETS
Debtors
5
39,219
Cash at bank
43,533
82,752
CREDITORS
Amounts falling due within one year
6
(52,810)
NET CURRENT ASSETS
29,942
TOTAL ASSETS LESS CURRENT
LIABILITIES
29,942
NET ASSETS
29,942
FUNDS
7
Unrestricted funds
29,942
TOTAL FUNDS
29,942
2021
Total
funds
£
21,352
67,529
88,881
(67,253)
21,628
21,628
21,628
21,628
21,628

The financial statements were approved by the Board of Trustees and authorised for issue on 6 December 2022 and were signed on its behalf by:

R Ticehurst - Trustee

The notes form part of these financial statements

Page 4

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 June 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. 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.

Taxation

The charity is exempt from 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.

2. OTHER TRADING ACTIVITIES

Pitch income
Bar income
Lettings income
2022
£
42,553
4,912
202
**47,667 **
2021
£
45,861
2,633
521
49,015

Page 5

continued...

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 30 June 2022

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

5.

INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Total
EXPENDITURE ON
Other
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
Unrestricted
fund
£
17,247
49,015
66,262
57,814
8,448
13,180
21,628
2022
2021
£
£
3,460
1,761
33,526
19,591
2,233
-
39,219
21,352

Page 6

continued...

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Other creditors
2022
£
3,317
49,493
52,810
2021
£
82
67,171
67,253

7. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.7.21 in funds 30.6.22
£ £ £
Unrestricted funds
General fund
21,628
8,314 29,942
TOTAL FUNDS
21,628
8,314 29,942
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
71,667
(63,353) 8,314
TOTAL FUNDS
**71,667 **
**(63,353) ** 8,314
Comparatives for movement in funds
Net
movement At
At 1.7.20 in funds 30.6.21
£ £ £
Unrestricted funds
General fund
13,180
8,448 21,628
TOTAL FUNDS
13,180
8,448 21,628
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
66,262
(57,814) 8,448
TOTAL FUNDS
66,262
(57,814) 8,448

continued...

Page 7

BLACKHEATH RUGBY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 June 2022

7. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.7.20 in funds 30.6.22
£ £ £
Unrestricted funds
General fund 13,180 16,762 29,942
TOTAL FUNDS 13,180 16,762 29,942

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 137,929 (121,167) 16,762
TOTAL FUNDS 137,929 (121,167) 16,762

8. RELATED PARTY DISCLOSURES

At the year end the charity owed £49,331 (2021 - £41,606) to Blackheath Rugby Club Limited, a company whose director is also a trustee of the charity.

At the year end the charity was owed £2,495 (2021 - £19,591) to Blackheath Football Club Limited, a company whose director is also a trustee of the charity.

Page 8

BLACKHEATH RUGBY CHARITABLE TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 June 2022

2022 2021
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 1,000 1,875
Gift aid 3,000 3,000
Government grants 20,000 12,372
24,000 17,247
Other trading activities
Pitch income 42,553 45,861
Bar income 4,912 2,633
Lettings income **202 ** 521
**47,667 ** 49,015
Total incoming resources 71,667 66,262
EXPENDITURE
Support costs
Management
Hervey road costs 47,106 37,379
Finance
Bank charges 35 2,905
Information technology
IT expenses 592 4,725
Other
Wages 13,685 3,375
Telephone 685 1,379
Postage and stationery 148 85
Sundries **102 ** 73
14,620 4,912
Governance costs
Accountancy and legal fees 1,000 7,893
Total resources expended 63,353 57,814
Net income 8,314 8,448

This page does not form part of the statutory financial statements

Page 9