```
REGISTERED COMPANY NUMBER: 10743504 (England and Wales)
REGISTERED CHARITY NUMBER: 1175502
```
## **`REPORT OF THE TRUSTEES AND`**
## **`UNAUDITED FINANCIAL STATEMENTS`**
```
FOR THE YEAR ENDED 31 DECEMBER 2021
```
## **`FOR`**
## **`ST WERBURGH'S DERBY`**
```
Sibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS
```
```
ST WERBURGH'S DERBY
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021`**
||**`Page`**|
|---|---|
|**`Reference and Administrative Details`**|`1`|
|**`Report of the Trustees`**|`2 to 6`|
|**`Independent Examiner's Report`**|`7`|
|**`Statement of Financial Activities`**|`8`|
|**`Balance Sheet`**|`9 to 10`|
|**`Notes to the Financial Statements`**|`11 to 20`|
|**`Detailed Statement of Financial Activities`**|`21`|
```
ST WERBURGH'S DERBY
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2021`**
```
TRUSTEESE D L Bateman
S L Crathorne (appointed 30.6.21)
D J Dark (appointed 30.6.21)
L J Gwilt (appointed 30.6.21)
V Lewis (appointed 30.6.21)
P D Mann
C McCrone (appointed 30.6.21)
L C Mildenhall-Clarke (appointed 30.6.21)
B T Sams (appointed 30.6.21)
C J Simpson (appointed 30.6.21)
M J Stillwell (appointed 30.6.21)
S J Hance (resigned 30.6.21)
C J Riley (resigned 30.6.21)
C E Wigfield (resigned 30.6.21)
REGISTERED OFFICESt Werburgh's Church
Friar Gate
Derby
DE1 1BU
REGISTERED COMPANY NUMBER 10743504 (England and Wales)
REGISTERED CHARITY NUMBER 1175502
INDEPENDENT EXAMINERSibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS
PRINCIPAL BANKERS Natwest Bank
58 St Peters Street
Derby
DE1 1XL
```
```
Page 1
```
```
ST WERBURGH'S DERBY
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31December2021.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Vision`**
```
Ourobjectivesaresetoutinourgoverningdocument,theMemorandumandArticlesIncorporated27/04/2018 as
amendedbyspecialresolutionregisteredatCompaniesHouse13/10/2017.Thecharitywasregisteredwith the
Charity Commission on 1st November 2017 (charity number 1175502).
```
```
The charity'sobjectis the advancementof the Christianreligionthroughthe provisionof an Anglicanplace of worship
in Derby as part of the establishment, renewal, and revitalisation of churches within the Anglican communion.
```
```
TheTrusteesarecommittedtothevisionstatementofthechurchtobuildanauthenticcommunitywhichis Christ
centredthatplaysourpartintransformingthecityandbeyond.In accordancewiththevisionstatement,the church
aimstomeetitsobjectivesthroughtheprovisionofchurchservices,courses,andplantingchurches.Given the
diversity of the church's activities, performance is measured on a case-by-case basis.
```
## **`Public benefit`**
```
Inaccordancewithourdutiesasstatedinsection17(5)oftheCharitiesAct,wehaveconsideredthe guidance
providedbytheCharityCommissioninregardtopublicbenefit.Thispublicbenefithasbeendemonstratedby the
activities undertaken since inception of the charity outlined in this document.
```
## **`Volunteers`**
```
Thechurchbenefitsfromthededicatedworkofagreatnumberofvolunteers.InaccordancewithFRS102and the
Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.
```
```
Page 2
```
```
ST WERBURGH'S DERBY
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
2021startedwithusbackinlockdownandunabletomeetinperson.Wecontinuedtomeetonlinewith an
introductionofourlivestreamedservicesuntilEasterwhenweopenedourdoorsagainwithacelebrationof Jesus'
resurrectionandbeingbacktogether.Servicescontinuedfromthenonwithsocial-distancingmeasuresinplace and
these gradually reduced as the year went on.
```
```
In Septemberthingsfelt much more normalrunningbothour 10.30 a.m. and 6.30 p.m. serviceswith our children and
youthgroupsrunningasnormalandourteamsofvolunteersbackinthebuilding-servingrefreshments and
welcomingpeople.TheAlphaCourserestarted,refugeegroupsreturnedandourgardeninggroupstartedto make
work on renovating the churchyard. Our 4.30 service was temporarily put on hold.
```
```
Buildingworkcontinuedonthechurchwiththerefurbishmentofthetoiletstoprovidedisabledandbaby changing
facilities.We purchaseda buildingto enableus to expandour childrenand youthwork,with the youthstartingto use
this on Sunday mornings. A construction company was contracted to create designs and plans for a refurbishment.
```
```
Our'LoveYourNeighbour'projectcontinuedthroughouttheyearandwecontinuetosupportourchurchplant in
Mackworth, Derby City Mission and Derby Food for Thought Alliance.
```
```
Our Alpha course returnedto face to face meetings in Septemberand we joineda nationalcampaignto offer Alpha to
every person in the UK.
```
```
Significant Events have included:
```
- `Move to online streaming of live services`
- `Our first Annual General Meeting`
- `Mackworth Fun Day`
```
- Celebration of our 4th Birthday
```
```
- City-wide Alpha
```
## **`AGM/Werbs Church Council`**
```
This year we held our first AGM and held electionsfor our First Werb's ChurchCouncilmembers. These 10 people plus
ourleadministerformthetrusteesofthecharitywithadditionalmembersofthechurchleadershipteam being
co-opted to the council.
```
## **`Building Work`**
```
Buildingworkhascontinuedslowlywiththemajorprojectfor2021beingtherefurbishmentofthetoilets.We now
have 6 individualtoiletsplus a disabledaccess toiletand babychangingfacility.Plansfor 2022 includethe installation
of a new sound desk, new doors to improve security and some finishing off.
```
## **`Churchyard Renovation`**
```
In 2021we appliedto the Diocesefor a facultyto renovatethe churchyardintoa usablegardenarea.The paperwork
forthiswasratherintensiveandtheprocesslengthysowhilstwaitingforpermissiontocomethroughateam of
volunteersstartedclearingthe area,makingplansandsourcingmaterials.It is hopedthatin 2022thisprojectwill be
completedsowecanenjoyitduringthesummermonths.AgrantwasawardedbyAllChurchesTrusttowards this
project.
```
## **`New building`**
```
In August2021 we purchaseda new buildingat 11-12 Friar Gate. This is a shortwalk from the churchbuildingand has
beenusedtoaccommodateourSundaymorningyouthgroup.Plansfor2022includearefurbishmentofthe entire
building to enable us to use it for community outreach projects as well as office space.
```
## **`Staffing`**
```
In 2021 we appointeda full-timeOperationsManager,part-timeOperationsAssistant,a part-timeStudentPastor and
a full-time Production Manager. We were also joined by a new curate funded by Derby Diocese.
```
```
Page 3
```
```
ST WERBURGH'S DERBY
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`Church Plant - Mackworth`**
```
We havecontinuedto supportour2020churchplant- St Francis,Mackworth- wherewe heldourfirstFunDay. This
wasattendedbyover500people.WealsodeliveredaChristmasgiftcontainingateabag,hotchocolate sachet,
biscuit and chocolate along with a Christmas card to all of 4000 houses on the estate.
```
## **`Love Your Neighbour/STW Coaching`**
```
TheLYNteamhavehadtheprivilegeofcoachingawiderangeofpeoplefromvariouswalksoflifethrough STW
Coaching.We have completedaround300 hoursof focussedcoaching,with60 individualclients,alongwitha further
200hourshelpingclientsprepareapplicationforms,completeCVsorprepareforinterviews,inadditionto more
informalgroup-basedsessions.The changingworklandscapemeantthatratherthanseeingmass unemployment, we
sawmassjobvacancies.Asaresultwemovedawayfromgeneralhelptospecificallysupportinggroupswhofind it
difficulttoenterintothejobsmarket.Wehavebeguntofocusonhelpingrefugeesfindsuitable,long-termwork by
working with local businesses. We have also started to offer a counselling service.
```
```
We are continuingto workalongsideDerbyCitymissionandDerbyFoodfor ThoughtAllianceon the community cafe
and shop initiative and also Love Christmas where 850 gifts packs and food were handed out to families this year.
```
```
ThroughouttheyearLYNinitiativehasconnectedwithDerbyCitycouncil,localcouncillors,MPandDerby County
Community Trust.
```
## **`Sunday Services`**
```
ChurchreopenedinlinewithUK Covidrestrictionsin2021,beginningwithour10.30amand6.30pmSunday Service.
Ourcongregationsizeis around300people,withanaverageof250adultsattendingourSundayservices.In January
2021, we held our first live streamed service and continued to offer this throughout the year.
```
```
ThroughoutDecember2021,weraneightservicesinpersonandonline.OurChristmasServicesincludedCarols by
Candlelight, Contemporary Carols, Family Carol Services and Christmas Eve Communion service.
```
## **`Children's Work`**
```
Children's work has continued to be harder to run this year due to the pandemic restrictions.
```
```
Aswellasonlinepre-recordedcontentforourfamiliesandchildreninthefirstpartoftheyear,when restrictions
wereliftedinthelattermonthsoftheyearmoreinpersonactivitieswereabletoberun.Foroursocially distanced
serviceswecreatedactivitypacksforchildrentoenjoyduringtheservicebutwewereveryhappywhenwe could
once again welcome our children safely back into their rooms.
```
```
The Light Party and Advent Party were very successfulseeing between 60-80 childrenat each and were great outreach
opportunities.ItwasthefirstyearweranourownSummerHolidayclubwhichreachedabout30childrenwith the
goodnewsaboutJesus,halfofwhichwereunchurchedorrefugeechildren.OnlineZoomconnectionscontinued for
those in year 6 to enable a smooth transition into our Youth group at Easter.
```
## **`Youth`**
```
Youthwork continuedonlinethroughoutlockdownsand beganmeetingin personin Easter2021 for dropin sessions,
discipleshipsessionsandsocials.Theyouthgrouphasgrowntoabout3xitssizeoverthecourseoftheyearwith a
coreteamofleaders,manyofwhomwereintheyouthgroupthemselvesbeforebecomingleaders.Inthe Autumn,
they went on a weekend away which was well attendedand built communityand faith. The youthgrouphas attracted
a wide rangeof youngpeople,includingthosewith no churchbackground,a numberof youngpeoplewith additional
needsandanumberofyoungpeoplewhoarerefugees.Theyouthgroupbeganusingthechurch'snewbuilding for
sessions towards the end of the year and looks forward to using it a lot more in the years to come.
```
```
Page 4
```
```
ST WERBURGH'S DERBY
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`Students`**
```
Throughout2021wehaverunconsistentstudentworkreachingoutbothinpersonandonlinewherepossible. We
haveseena growingnumberof studentsengagewiththeministryhereatSt Werburghs.We establisheda part time
StudentPastorinSeptember2021.As restrictionsallowed,we rana studentwideAlphacoursewhichsawa number
of new studentscome to engagewithus as a church.Also we have seen a numberof ourstudentsgrowin leadership
roles within the church.
```
## **`Alpha`**
```
Alphaisaten-weekcourseandgivesguestsanopportunitytoexplorequestionsoffaithandthemeaningoflife. In
the firsthalfof 2021we ran2 Alphacoursesonlinevia zoom.Over the summerwe startedto leada coordinated city
wideapproachwithabout9otherchurchesacrossDerby,wherewejointlyadvertisedthecourse,prayed together.
WealsoranatrainingeventopentotheotherchurchesaheadoflaunchingthecourseintheAutumnTerm.In the
AutumnTermwe ran2 inpersoncoursesinthebuildingandoneonlinecourse.Throughout2021we hadthejoy of
seeing people on Alpha start to follow Jesus and have their lives transformed.
```
## **`Werb's Groups`**
```
Werb'sGroupscontinuedonlineformostof2021untilrestrictionsliftedinSeptember.Thegroupsaretheheart of
ourchurchasweseektobuildanauthenticcommunity.Thesearegroupsof8-15peoplewhogatherweekly to
explorewhatitmeanstofollowJesusandtobuildfamilythroughBiblestudies,worship,prayer,socials,and sharing
mealstogether.TheymeetthroughouttheweekbothindifferentplacesinandaroundDerby,andonlinevia Zoom,
and run at various times to suit each one of us.
```
```
Asweworktowardsexpandinganddiversifyingourgroupsevenmore,wearealsoworkingtowardsdeveloping a
cultureofmultiplying;asoursmallgroupsgrow,we areseekingopportunitiestoraiseanddevelopnewsmall group
leaders to plant additional Werb's Groups in other areas of Derby.
```
## **`Leadership Development Year`**
```
Werecruitedourfirst4participantsintheLeadershipDevelopmentprogrammeinSeptember2021. These
participantsarebeingmentoredbyourstaffmembersalongsidesomeregularsmallgroupteachingon Leadership
skills.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
IntheperiodtotheendofDecember2020StWerburgh'sChurchreceivedatotalof£490kagainstexpenditure on
charitableactivitiesof£501k.Expenditureonthepurchaseoffixedassetstotalled£761k,includingthepurchase of
thenewpremisesfor£684k.Restrictedfundsreceivedintheperiodtotalled£149k,thesewerereceivedfrom the
DioceseandChurchCommissionersforoperatingcostsandbuildingre-orderingandalsoLoveYour Neighbour.
Budgets, forecasts, and reserves are in place to support the transition to self-sufficiency in the coming years.
```
## **`Reserves policy`**
```
TheDirectorsaimtoholdfreereserves(i.e.unrestrictedfundslessfixedassets)equaltoapproximately3months of
expenditureascontingencyforunexpectedevents.Attheendof2021thebalanceoffreereservescameto £296k,
which is sufficient to comply with the reserves policy.
```
```
Additional reserves held as designated are detailed in the notes to the financial statements.
```
## **`FUTURE PLANS`**
```
TheCharityplansoncontinuingtheactivitiesoutlinedaboveintheforthcomingyearssubjecttosatisfactory funding
arrangements.
```
```
In 2022 we planto do the first phasesof the renovationat 11-12 FriarGate to transformit in to a place where we can
reachouttothecommunity,expandouryouthandchildren'sworkandprovideofficespaceforourstaff.Over the
next 2 or 3 years we hope to be able to plant our second church.
```
```
Page 5
```
```
ST WERBURGH'S DERBY
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
St Werburgh'sDerbyis a charitablecompanyregisteredin the UK withThe CharityCommissionof Englandand Wales
(registerednumber:1175502).StWerburgh'sDerbyisgovernedbyMemorandumandArticlesof Association
27/04/2018 as amended by special resolution registered at Companies House 13/10/2017.
```
## **`Decision making`**
```
The Trusteesmonitorand advise on financialand strategicdecisions.They supportthe LeadershipTeam which directs
theongoingoperations.TheFinanceCommitteeareresponsibleformakingdecisionsonallmattersof general
concernandhowthefundsofStWerburgh'saretobespent.TheFinanceCommitteeisrepresentativeof the
congregation and includes the Lead Minister, Operations Manager and Treasurer.
```
## **`Induction and training of new trustees`**
```
ProceduresfortherecruitmentandappointmentofTrustees/DirectorsarelaidoutintheMemorandumand Articles
of Association. New trustees are elected by members of the church.
```
```
Allstaff,volunteersandTrusteesundergoaformalrecruitingandselectionprocess,followedbyaninduction period
thatincludesanytrainingconsiderednecessarytoeffectivelyperformtheirrole.SeniorManagementofthe church
consists of clergy, whose pay is set via stipend, the level of which is set by the Diocese.
```
## **`SAFEGUARDING`**
```
TheTrusteeshaveadoptedtheChurchofEngland'ssafeguardingpolicyrelatingtochildren,youngpeople and
vulnerablepeopleandappointedAlexDannastheParishSafeguardingLink.AlexDannhascompletedthe Diocese's
training courses in safeguarding young people and vulnerable adults.
```
```
TheDirectorsarecommittedtotheprinciplesofbestpracticeinrelationtosafeguardingandcomplieswiththe duty
undersection5 oftheSafeguardingandClergyDisciplineMeasure2016inrespectofhavingdueregardtoHouse of
Bishops'guidanceonsafeguardingchildrenandvulnerableadults.Theguidancecanbe readinfullontheChurch of
England official website.
```
```
UseoftheParishSafeguardingDashboardtoauditoursafeguardingpracticeshasbeenimplemented since
September.Thishashelpedus toreviewourpoliciesandproceduresandensuredthatourstaffandvolunteers have
thecorrectleveloftrainingaccordingtotheChurchofEnglandguidelines.Wealsoreviewedour volunteer
recruitment process and developed more efficient systems for tracking the different stages of this.
```
```
Safeguardingconcernswithinthe churchare dealtwith usingthe supportof the SafeguardingTeam at Derby Diocese.
We continue to work hard to make the church a safe and welcoming place for everyone.
```
`Approved by order of the board of trustees on ............................................. and signed on its behalf by:` 7th April 2022
```
........................................................................
```
```
P D Mann - Trustee
```
```
Page 6
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ST WERBURGH'S DERBY
```
## **`Independent examiner's report to the trustees of St Werburgh's Derby ('the Company')`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 December 2021.
```
## **`Responsibilities and basis of report`**
```
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm
that I am qualifiedto undertakethe examinationbecause I am a registeredmember of ACCA which is one of the listed
bodies.
```
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith 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)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
David Bowler FCCA CTA
ACCA
Sibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS
Date: .............................................
```
```
Page 7
```
## **`ST WERBURGH'S DERBY`**
## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
`Investment income`
`3`
`Other income`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`4`
`Capital & upfront costs`
`Students, youth & children`
`Alpha & events`
`Intern program`
`Mission giving`
`Worship & services`
`Love Your Neighbour`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
`339,672`
`76`
`1,602`
`341,350`
`15,451`
`97,546`
`27,966`
`29,117`
`61,642`
`69,817`
`-`
`301,539`
`39,811`
`1,064,848`
`1,104,659`|`Restricted`
`funds`
`£`
`149,127`
`-`
`-`
`149,127`
`11,450`
`23,143`
`11,451`
`20,475`
`-`
`39,487`
`93,932`
`199,938`
`(50,811)`
`899,736`
`848,925`|`2021`
`Total`
`funds`
`£`
`488,799`
`76`
`1,602`
`490,477`
`26,901`
`120,689`
`39,417`
`49,592`
`61,642`
`109,304`
`93,932`
`501,477`
`(11,000)`
`1,964,584`
`1,953,584`|`2020`
`Total`
`funds`
`£`
`827,405`
`421`
`1,917`|
|---|---|---|---|---|
|||||`829,743`
`26,697`
`106,394`
`26,406`
`37,352`
`32,927`
`101,405`
`25,544`|
|||||`356,725`|
|||||`473,018`
`1,491,566`|
|||||`1,964,584`|
```
The notes form part of these financial statements
```
```
Page 8
```
```
ST WERBURGH'S DERBY
```
## **`BALANCE SHEET 31 DECEMBER 2021`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`11`
**`CURRENT ASSETS`**
`Debtors`
`12`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`13`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`14`
`Unrestricted funds:`
`General fund`
`New Building Fund`
`Restricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`funds`
`£`
`808,264`
`12,013`
`288,711`
`300,724`
`(4,331)`
`296,393`
`1,104,657`
`1,104,657`|`Restricted`
`funds`
`£`
`782,762`
`1,410`
`70,556`
`71,966`
`(5,801)`
`66,165`
`848,927`
`848,927`|`2021`
`Total`
`funds`
`£`
`1,591,026`
`13,423`
`359,267`
`372,690`
`(10,132)`
`362,558`
`1,953,584`
`1,953,584`
`391,569`
`713,088`
`1,104,657`
`848,927`
`1,953,584`|`2020`
`Total`
`funds`
`£`
`895,582`
`91,006`
`996,355`
`1,087,361`
`(18,359)`
`1,069,002`
`1,964,584`
`1,964,584`
`664,848`
`400,000`
`1,064,848`
`899,736`
`1,964,584`|
|---|---|---|---|---|
```
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 31 December 2021.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 December 2021 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 9
```
## **`ST WERBURGH'S DERBY`**
## **`BALANCE SHEET - continued 31 DECEMBER 2021`**
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
```
`The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:` 7th April 2022
```
.............................................
P D Mann - Trustee
```
```
The notes form part of these financial statements
```
```
Page 10
```
```
ST WERBURGH'S DERBY
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
Donationsandotherincomearerecognisedwhenreceivedand,anestimateofincometaxrecoverable is
recognised when the related donations are recognised.
```
```
Grants and legacies are accountedfor as soon as the churchis notifiedof its legal entitlement,the amount due
is quantifiable and its ultimate receipt is probable.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
```
|`Freehold property`|`- 2% on cost`|
|---|---|
|`Long leasehold`|`- 2% on cost`|
|`Improvements to property`|`- 10% on cost`|
|`Plant and machinery`|`- 20% on cost`|
|`Fixtures and fittings`|`- 10% on cost`|
|`Computer equipment`|`- 33% on cost`|
```
All capital items are written off in the year of purchase except those costing over £1,500.
```
## **`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.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the
charitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to
which they relate.
```
```
continued...
```
```
Page 11
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`2. DONATIONS AND LEGACIES`**
|`Donations`
`Grants`
`Loose plate collections`
`Grants received, included in the above, are as follows:`
`Diocese and Church Commissioners`
`Other`
`Alpha`
**`INVESTMENT INCOME`**
`Interest on investments`
**`CHARITABLE ACTIVITIES COSTS`**
`Capital & upfront costs`
`Students, youth & children`
`Alpha & events`
`Intern program`
`Mission giving`
`Worship & services`
`Love Your Neighbour`|`Direct`
`Costs`
`£`
`11,134`
`89,152`
`23,648`
`49,592`
`61,642`
`67,257`
`93,932`
`396,357`|`2021`
`£`
`382,951`
`105,848`
`-`
`488,799`
`2021`
`£`
`101,598`
`2,000`
`2,250`
`105,848`
`2021`
`£`
`76`
`Support`
`costs (see`
`note 5)`
`£`
`15,767`
`31,537`
`15,769`
`-`
`-`
`42,047`
`-`
`105,120`|`2020`
`£`
`680,969`
`143,737`
`2,699`|
|---|---|---|---|
||||`827,405`|
||||`2020`
`£`
`131,237`
`12,500`
`-`|
||||`143,737`|
||||`2020`
`£`
`421`
`Totals`
`£`
`26,901`
`120,689`
`39,417`
`49,592`
`61,642`
`109,304`
`93,932`|
||||`501,477`|
## **`3. INVESTMENT INCOME`**
## **`4. CHARITABLE ACTIVITIES COSTS`**
```
Overheadshavebeenallocatedtoactivitiesbasedontheestimatedtimeandresourcesspentonthe area
concerned throughout the period concerned. These allocations are estimated as follows:
```
||**`2021`**|**`2020`**|
|---|---|---|
|`Capital & Upfront costs`|`15.00%`|`15.00%`|
|`Students, Youth & Children`|`30.00%`|`30.00%`|
|`Alpha & Events`|`15.00%`|`15.00%`|
|`Worship & Services`|`40.00%`|`40.00%`|
||`-------------------- `|`--------------------`|
||`100.00%`|`100.00%`|
```
continued...
```
```
Page 12
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`5.`**
## **`SUPPORT COSTS`**
|**`SUPPORT COSTS`**||
|---|---|
|`Buildings`
`Governance`
`Management & maintenance`
`costs`
`£`
`£`
`£`
`Capital & upfront costs`
`10,001`
`4,794`
`972`
`Students, youth & children`
`20,002`
`9,588`
`1,947`
`Alpha & events`
`10,001`
`4,794`
`974`
`Worship & services`
`26,668`
`12,783`
`2,596`
`66,672`
`31,959`
`6,489`|`Totals`
`£`
`15,767`
`31,537`
`15,769`
`42,047`|
||`105,120`|
## **`6. NET INCOME/(EXPENDITURE)`**
```
Net income/(expenditure) is stated after charging/(crediting):
```
||`2021`|`2020`|
|---|---|---|
||`£`|`£`|
|`Depreciation - owned assets`|`65,397`|`46,924`|
## **`7. TRUSTEES' REMUNERATION AND BENEFITS`**
```
There were no trustees'remunerationor other benefitsfor the year ended 31 December 2021 nor for the year
ended 31 December 2020.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31December2021norfortheyear ended
31 December 2020.
```
## **`8. STAFF COSTS`**
|`Wages and salaries`
`Social security costs`
`Other pension costs`|`2021`
`£`
`155,960`
`7,706`
`21,577`
`185,243`|`2020`
`£`
`128,901`
`5,857`
`14,127`|
|---|---|---|
|||`148,885`|
```
The average monthly number of employees during the year was as follows:
```
||`2021`|`2020`|
|---|---|---|
|`Employees`|`8`|`7`|
```
No employees received emoluments in excess of £60,000.
```
```
continued...
```
```
Page 13
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
|**`9.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
`Other income`
**`Total`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Capital & upfront costs`
`Students, youth & children`
`Alpha & events`
`Intern program`
`Mission giving`
`Worship & services`
`Love Your Neighbour`
**`Total`**
**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`funds`
`£`
`603,401`
`421`
`1,917`
`605,739`
`10,972`
`61,725`
`11,933`
`8,604`
`32,927`
`31,299`
`-`
`157,460`
`448,279`
`616,571`
`1,064,850`|`Restricted`
`funds`
`£`
`224,004`
`-`
`-`
`224,004`
`15,725`
`44,669`
`14,473`
`28,748`
`-`
`70,106`
`25,544`
`199,265`
`24,739`
`874,995`
`899,734`|`Total`
`funds`
`£`
`827,405`
`421`
`1,917`|
|---|---|---|---|
||||`829,743`
`26,697`
`106,394`
`26,406`
`37,352`
`32,927`
`101,405`
`25,544`|
||||`356,725`|
||||`473,018`
`1,491,566`|
||||`1,964,584`|
## **`10. INDEPENDENT EXAMINER'S REMUNERATION`**
```
Theindependentexaminersremunerationamountstoanindependentexaminationfeeof£3,000 (2020:
£2,708) and other fees of £1,860 (2020: £nil).
```
```
continued...
```
```
Page 14
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`11. TANGIBLE FIXED ASSETS`**
|**`COST`**
`At 1 January 2021`
`Additions`
`At 31 December 2021`
**`DEPRECIATION`**
`At 1 January 2021`
`Charge for year`
`At 31 December 2021`
**`NET BOOK VALUE`**
`At 31 December 2021`
`At 31 December 2020`
**`COST`**
`At 1 January 2021`
`Additions`
`At 31 December 2021`
**`DEPRECIATION`**
`At 1 January 2021`
`Charge for year`
`At 31 December 2021`
**`NET BOOK VALUE`**
`At 31 December 2021`
`At 31 December 2020`|`Plant and`
`machinery`
`£`
`59,869`
`-`
`59,869`
`36,573`
`11,974`
`48,547`
`11,322`
`23,296`|`Freehold`
`property`
`£`
`-`
`683,748`
`683,748`
`-`
`4,558`
`4,558`
`679,190`
`-`
`Fixtures`
`and`
`fittings`
`£`
`98,224`
`-`
`98,224`
`27,327`
`9,822`
`37,149`
`61,075`
`70,897`|`Long`
`leasehold`
`£`
`715,140`
`-`
`715,140`
`26,926`
`13,462`
`40,388`
`674,752`
`688,214`
`Computer`
`equipment`
`£`
`24,607`
`13,300`
`37,907`
`1,649`
`11,091`
`12,740`
`25,167`
`22,958`|`Improveme`
`to`
`property`
`£`
`115,739`
`63,793`
`179,532`
`25,522`
`14,490`
`40,012`
`139,520`
`90,217`
`Totals`
`£`
`1,013,579`
`760,841`
`1,774,420`
`117,997`
`65,397`
`183,394`
`1,591,026`
`895,582`|
|---|---|---|---|---|
```
continued...
```
```
Page 15
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Other debtors`
`Prepayments and accrued income`
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Other creditors`
`Pensions control`
`Accruals and deferred income`|`2021`
`£`
`-`
`13,423`
`13,423`
`2021`
`£`
`3,020`
`-`
`1,186`
`5,926`
`10,132`|`2020`
`£`
`979`
`90,027`|
|---|---|---|
|||`91,006`|
|||`2020`
`£`
`1,621`
`13,699`
`-`
`3,039`|
|||`18,359`|
## **`13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
```
14.MOVEMENT IN FUNDS
```
|**`Unrestricted funds`**
`General fund`
`New Building Fund`
**`Restricted funds`**
`Diocesan Grants: Interns`
`SDF Family Missioner`
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Staffing Operations Manager`
`SDF Staffing Worship and Student Pastor`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
**`TOTAL FUNDS`**|`At 1.1.21`
`£`
`664,848`
`400,000`
`1,064,848`
`(13,699)`
`278`
`23,317`
`54`
`2,850`
`8,953`
`164,463`
`368,600`
`277,697`
`67,223`
`899,736`
`1,964,584`|`Net`
`movement`
`in funds`
`£`
`(59,036)`
`98,845`
`39,809`
`22,676`
`(278)`
`(611)`
`5,266`
`(2,850)`
`(8,953)`
`(6,923)`
`(6,950)`
`(5,785)`
`(46,401)`
`(50,809)`
`(11,000)`|`Transfers`
`between`
`funds`
`£`
`(214,243)`
`214,243`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`At`
`31.12.21`
`£`
`391,569`
`713,088`|
|---|---|---|---|---|
|||||`1,104,657`
`8,977`
`-`
`22,706`
`5,320`
`-`
`-`
`157,540`
`361,650`
`271,912`
`20,822`|
|||||`848,927`|
|||||`1,953,584`|
```
continued...
```
```
Page 16
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`14. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
`New Building Fund`
**`Restricted funds`**
`Diocesan Grants: Interns`
`SDF Family Missioner`
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Staffing Operations Manager`
`SDF Staffing Worship and Student Pastor`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`234,735`
`(293,771)`
`(59,036)`
`106,615`
`(7,770)`
`98,845`
`341,350`
`(301,541)`
`39,809`
`44,106`
`(21,430)`
`22,676`
`-`
`(278)`
`(278)`
`26,116`
`(26,727)`
`(611)`
`5,355`
`(89)`
`5,266`
`-`
`(2,850)`
`(2,850)`
`-`
`(8,953)`
`(8,953)`
`26,019`
`(32,942)`
`(6,923)`
`-`
`(6,950)`
`(6,950)`
`-`
`(5,785)`
`(5,785)`
`47,531`
`(93,932)`
`(46,401)`
`149,127`
`(199,936)`
`(50,809)`
`490,477`
`(501,477)`
`(11,000)`|
|---|---|
```
continued...
```
```
Page 17
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`14. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
`New Building Fund`
`Tech Equipment Fund`
**`Restricted funds`**
`Diocesan Grants: Interns`
`SDF Family Missioner`
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Staffing Operations Manager`
`SDF Staffing Worship and Student Pastor`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
**`TOTAL FUNDS`**|`At 1.1.20`
`£`
`191,571`
`400,000`
`25,000`
`616,571`
`10,124`
`661`
`13,820`
`-`
`3,371`
`4,865`
`183,121`
`375,550`
`283,483`
`-`
`874,995`
`1,491,566`|`Net`
`movement`
`in funds`
`£`
`448,277`
`-`
`-`
`448,277`
`(23,823)`
`(383)`
`9,497`
`54`
`(521)`
`4,088`
`(18,658)`
`(6,950)`
`(5,786)`
`67,223`
`24,741`
`473,018`|`Transfers`
`between`
`funds`
`£`
`25,000`
`-`
`(25,000)`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`At`
`31.12.20`
`£`
`664,848`
`400,000`
`-`
`1,064,848`
`(13,699)`
`278`
`23,317`
`54`
`2,850`
`8,953`
`164,463`
`368,600`
`277,697`
`67,223`
`899,736`
`1,964,584`|
|---|---|---|---|---|
```
continued...
```
```
Page 18
```
```
ST WERBURGH'S DERBY
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021`**
## **`14. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Diocesan Grants: Interns`
`SDF Family Missioner`
`SDF Other Costs Non-Capital`
`SDF Refurbishment Non-Capital`
`SDF Staffing Operations Manager`
`SDF Staffing Worship and Student Pastor`
`SDF Refurbishment Capital`
`SDF Building Grant`
`Building Fund`
`Love Your Neighbour`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`605,739`
`(157,462)`
`448,277`
`4,925`
`(28,748)`
`(23,823)`
`14,775`
`(15,158)`
`(383)`
`30,041`
`(20,544)`
`9,497`
`641`
`(587)`
`54`
`35,600`
`(36,121)`
`(521)`
`35,601`
`(31,513)`
`4,088`
`9,654`
`(28,312)`
`(18,658)`
`-`
`(6,950)`
`(6,950)`
`-`
`(5,786)`
`(5,786)`
`92,767`
`(25,544)`
`67,223`
`224,004`
`(199,263)`
`24,741`
`829,743`
`(356,725)`
`473,018`|
|---|---|
## **`Unrestricted funds`**
```
Thenewbuildingfundreflectsmonieswhichhavebeendesignatedbythetrusteeswiththepurpose of
financing the new premises at 11-12 Friar Gate.
```
## **`Restricted funds`**
```
StrategicDevelopmentFunds (SDF) representfunds received from the ChurchCommissionersin relationto the
purchase, improvement and development of the church.
```
```
TotalfundingbidshavebeenmadetotheChurchCommissionersof £1,257,274andtheamountdrawn down
at the end of 2021 is £1,193,848 reflecting the costs incurred and covered by these grants to the end of 2021.
```
```
Thebuildingfund(non-SDF)reflectsmoniesraisedwithinthecongregationandfromelsewheretowards the
purchase of the church building.
```
```
Love Your Neighbouris a governmentmatched fundingfund for the provisionof a pandemicresponseto those
in need of food or employment.
```
```
continued...
```
```
Page 19
```
```
ST WERBURGH'S DERBY
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021
```
## **`15. EMPLOYEE BENEFIT OBLIGATIONS`**
```
The charityparticipatesin the PensionBuilderScheme sectionof ChurchWorkersPensionFund(CWPF) for lay
staff.CWPF is administeredby the Churchof EnglandPensionsBoard,whichholdsthe CWPF assets separately
from those of the Employer and other participating employers.
```
```
Thescheme(PensionBuilder2014)is a definedbenefitcashbalanceschemethatprovidesa lumpsum which
membersusetoprovidebenefitsatretirement.Pensioncontributionsarerecordedinanaccountfor each
member.Discretionarybonusesmay be addedbeforeretirement,dependingon investmentreturnsand other
factors. The account, plus any bonuses declared is payable, unreduced, from age 65.
```
```
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
```
```
Theschemeisconsideredtobeamulti-employerschemeasdescribedinSection28ofFRS102.This is
becauseitis notpossibletoattributethePensionBuilderScheme'sassetsandliabilitiestospecific employers
andmeansthatcontributionsareaccountedforasiftheSchemewereadefinedcontributionscheme. The
pensions costs charged to the SoFA in the year are the contributions payable (2021: £21,577, 2020: £14,127).
```
```
A valuationof the Pension BuilderScheme is carriedout once every three years. The most recent valuation was
carried out as at 31 December 2019. The next valuation is due as at 31 December 2022.
```
```
ForthePensionBuilder2014section,thevaluationrevealedasurplusof£5.5montheongoing assumptions
used. There is no requirement for deficit payments at the current time.
```
```
Thelegalstructureof theschemeis suchthatif anotheremployerfails,thecharitycouldbecome responsible
for paying a share of the failed employer's pension liabilities.
```
## **`16. CAPITAL COMMITMENTS`**
|**`CAPITAL COMMITMENTS`**||||
|---|---|---|---|
||`2021`|`2020`||
||`£`|`£`||
|`Contracted but not provided for in the financial statements`|`40,410`||`-`|
## **`17. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31 December 2021.
```
```
Page 20
```
```
ST WERBURGH'S DERBY
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Grants`
`Loose plate collections`
**`Investment income`**
`Interest on investments`
**`Other income`**
`Fundraising income`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Wages`
`Social security`
`Pensions`
`Delivery costs`
**`Support costs`**
**`Management`**
`Wages`
`Management costs`
**`Buildings & maintenance`**
`Buildings & maintenance`
**`Governance costs`**
`Sundries`
`Accountancy fees`
`Total resources expended`
**`Net (expenditure)/income`**|`2021`
`£`
`382,951`
`105,848`
`-`
`488,799`
`76`
`1,602`
`490,477`
`118,747`
`7,706`
`21,577`
`248,327`
`396,357`
`37,213`
`29,459`
`66,672`
`31,959`
`979`
`5,510`
`6,489`
`501,477`
`(11,000)`|`2020`
`£`
`680,969`
`143,737`
`2,699`|
|---|---|---|
|||`827,405`
`421`
`1,917`|
|||`829,743`
`92,780`
`5,857`
`14,127`
`146,137`|
|||`258,901`
`36,121`
`29,236`|
|||`65,357`
`29,527`
`882`
`2,058`|
|||`2,940`|
|||`356,725`|
|||`473,018`|
```
This page does not form part of the statutory financial statements
```
```
Page 21
```