CHARITY REGISTRATION NUMBER: 1176471 Malton Museum CIO Unaudited Financial Statements 31 March 2024 Malton Museum CIO FSnanclal Statements Year ended 31 March 2024 Page Trustees, annual report Independent examiners report to the trustees Statement of financial ackn'vities Statement of financial posth'on Notes to the financial statements 10 11 The following pages do not fomi part of the financial statements Detailed statement of financial actNities 18 Notes to the detailed statement of financial activities 20 Malton Museum CIO Trusteos. Annual Report Year ended 31 March 2024 The trustees present their report and the unaudrted financial statements of the charty for the year ended 31 March 2024. Reference and administrallve details RegIstW￿ charity name Malton Museum CIO Charlty roglstratlon numb•r 1176471 Prlnclpal oifKe Old joine￿ Cottage Marton Sinnington York Y062 6RD Th• tru8teo8 Mr P B Crabtrèe (Chairl Mrs M Shaw (VI￿ Chair} Mrs M Carmichael {Hon Secretary) Mr J H Gill (Hon Troasurer) Mrs J E Wilson Mrs E Br¢)ok&Peat Mr M Collier Mr A Easlwood DrA P M Halkon Mr5 A M Heu¢k Mr J Howard Dr P Wilson Ms R Wilkin (Resigned JU￿ 20231 IResvJngd November 2023) Indopgnd•nt ￿aMIner Stephen DoLtglas, FCA Old Joinors Cottage Marton York Y062 6RD Structure. govemance and management The objects of Matton Museum CIO are lo advance edu¢*ion and herrtage by the establishment and maintenance of a Museum for the benefft of the public within or near Marton and the acqui$ttion, preserVat￿n an(J display of itwns of archa￿logICal and historical interest relth'ng to Mallon and ils hinterband and the promotion of understanding of these rtems and the history of Malton and its district. The CIO is administered by the Charty Trustees as shown above. The CIO'S Registered Charily Number is is 1176471. Its predecessor organisation, Malton Museum Foundation. (formerly registered as Charity number 508224) merged with the CIO on 27th July 2020. Malton Museum CIO Trustees. Annual Report Year ended 31 March 2024 Objectlves and activities Our 2023f24 season began in spectacuLar fashion ￿th a special èxhibrtion and talk about the Pockliryton Shield whth was kindty knaned lo us by MAP Afchaeology and Persimmon Homes. We were also able to stabilise the position about our accommodation by extending our property licences and leases for the Museum and our stores and commL85ioning a study into a long-term home for the Museum and cdlections. w(Ih the support of Museum Development Yorkshir* IMDY), we commission&1 and hav8 successfumy nplemented o govemance revithv and 8n update of our aud*nce develowient plan. As a resutt of the success of the Pocklington Sh￿Id exhibition, add¢tional grants, donation$. and the intrtxluction of a £3 enlry charge for adutt visrtors to the Museum our annual surplus incr8a$ed signi￿an￿Y from £2,700 in 2022123 to £14.146 in 2023124. Achievements and performance The Museum Last year. w& idontif¢ed the fG41owing pr￿ritieS To undertake a governance revigw and devebp a succession strategy to comply wrth the l*e81 Char￿eS guKlance on best pra¢ti¢e To extend our audience reach To generate additional funds to support the museums activities To undertake a feasibilrty study for a new k)ng4erm home To wtjrk in partnorship wtlh the ngw North Yorkshwe Councl l am de1￿hted to report that we achieved all these obJ"ectives through the commitment of all our ¥oluntÈèrs, Trustees 8nd with tha m1￿h￿alL￿d support of MDY, MAP Archaeology and Persimmon Home$ (who facilitated the loan of the Pocklinglon Shiekjl. the Slorey Foundation and Malton and Norton Town Couneils, as well as the members of our supporterf$ scheme and an #non￿nou8 donor who kindly funded the o)st of borrowing 8 secure display case. Wi(h the Support of MDY we commissioned Hillary M¢GNan to undertake a govemance revtew was completed and approved by Trustees in July 2023. Subsequenlty, we are implementing the key recommendation$. These include establishing maximum tefffts of office and a succession strategy for Tnjslees, a code for dealing with Trustee conflicts of intere51, reviewing the Tnjstee skill sets against the future needs of the Museum as it moves towards a new home and the tem7s of reference and composition of our subgroups and their reporting M￿hanISm$. These have now been, or are in the course of being implemented and fomi the basis of I￿r new Tfustee recwrtment strattyy whtch i8 now unde￿. Malton Museum CIO Trustees. Annual Report {¢onttn Year ended 31 March 2024 Unfortunately, tknri of our Trustees have resigned during the year - Matthew Collier moved to a n8W role outside the area and Jill Wilson has also stepped aside after t**fve years as a Trustee. We are very grateful for the support, thice, atNJ 8ervice that they have gwen to the Museum. We are also likewise graleftjl lo Eleanor Brooke-Peat who will also sland down shortly as she has laken on increasing work raspjnstbilrties. As a result of these three resbjnations and our review of Trustee skills we are now seeking lo recruit new Trustees curatorial expertise in collections care and m￿ageMent. property development and otiatk)n. marf(eting. and web Site content management. This expe¥ience will be vita to the nexl 6tages of the Museum's developmenL We have tjeen very fortunate to have been supported by Sarah OSw￿d on behaw of MDY who ha8 provided excelSenl advKe and for facilitating our annual away day arbd our audience revw. Our Voluntoor5 The exhibition of the Pocklinglon Shield placed a heavy burden on our Volunteers as we extended our season and opening days by days per week over the month of April. We have over SO active Volunteers who help to run the museum, undertake outreach work, manage and document our colkntions, provhle town tours and manage our Roman FestNal. Together with our Twstees they contr￿￿ted almost 8.200 hours wtth a value of £126,OLM). Front of House Th& p￿h"ngl0n Shield exhtrjition wa3 a great SLtccess. attracting over 1,200 visitors to the Museum and the cwening evening Wufe given by Paula Ware wa5 very well attended. Our visitors came frc across the sU￿10n and further afiekl be￿U$8 of the widespread PUbl￿￿Y we were able to obtsin on the BBC, reg40nal and Ictal press. We were able to charge for the entry to both events and this helped us genorale a surplu$ of £6,800 on that exhibrtKIn. For e￿imp￿, Ihe BBC reported., An Age sh￿Id is to go on publi display fv the fftst b'me following rfs discovery in East Y¢ykshim in 2016. The shield was found at a higlFslatus burial along with horse skeletons and the remains of a cha170t 8t a housing development in Ptxklington. Parts of the sitg are belipved to date l)ack to alk)ut 800 BC". The Shield exhibrtion was followed by a special exhibitKJn aboul the Ictality "A Sen$e of Place- and later in the season by a celebration of Malton's fire bng*Jo. The eXhibit￿n received a very posrtive response from our many visitors. 'The kjvdy ladies at th Museum spoke wth passion and knowlodge about the Matton area and the items in the Museum. It is small but perfecdy formed." Other positive ccffiments from our visitors included 'This 1$ a lovdy Museum with am sorts of very interesting artefacts. The staff are W arKI me with my pram when entering. There were fvn actiVit￿S to keep my lttle boy entertained wh￿h allowed me to have a good look round. Well worth a visit and for £3 per adutt and free admissKJn fof children tt bs very good value." Malton Museum CIO Trustees. Annual Report1￿￿￿ Year ended 31 March 2024 Audlence Roach Although post￿ndeM￿ attendances in museums across the nation have fallen, the success of the Sh￿Id exhibition and our other activities ensur￿ that our audience reach maint*ned a similar levgl to the previous year. Audiences IYE ',I,I North Yorkshire Malton and Norton Malton Museum We wekomed 2.261 visrtors to the Museum last year11.861 adults and 400 children. Over 1.100 of these vi$ilor5 came to see the 8hiekl exhibrtion for which ￿ charged an entiance fee of £5 for adults. Not only did this help lo boost our annual incrme swnfvantly, it also help￿ infomi the Trustees in their somewhat reluctant decision lo charge an enty fee of £3 for adults to visit Ihe Museum and therefo￿ make an imwrtanl ¢ontribulion lo cover our ever4ncreasing operating costs Ipr(werty re￿￿8, utilities ete}. Outreach Wortt We undert￿k an extensive outreach programme during thè year working cjosoly ￿th local schools through after-school clubs, visrts and prowdin9 kjan boxes involving a total of 576 children. We also delivered 14 talks lo aduft groups including, for example W(xnen's InstrtLrtes. U3A, History Groups, Yorkshire Country-women's groups, Village Hall Social and Church Groups engaging with 337 adult participants. Giving a total audience of 913. Thi$ also involved the ¢ommthent of 250 volunteer hours and generated £1,060 income to the Museum. Malton Museum CIO Trustees, Annual Report feontiniw Year ended 31 March 2024 Walking fouts & Other Events Our programme of highly successful walking tours (first Introd￿ed in 2021} also continued in the summer wrth our most successful year to date. Over 170 people jolr￿ our tours and received very high levels of satisfaction from those participating. The tours feature the history of the Horse Racing Industry in Mallon, Georgian Malton, Roads, Rivers and RaI￿aYS and the Romans in Mahon. The tours and olhef events generated an income of £3.812 for the Museum. Roman Festlval We initially aimed lo hokd our second Roman Festival in Juty (during the school holidayEI, bLtt because of the heavy rain the localtron al Orchard Field was conS￿ered unsuiÉable lo hold the event because of the ground condrtions. Whilst we were able to recover most of our costs through our insufance, we were unable to gener*e as much income from the new Festival, whi¢h was held in Seplembef, o*Jtside the school holTrdays. Nevertheless, the Festival attracted Widesp￿8￿ publicity al national, regional and local levels and over 800 people attended from a wide area in¢luding the North East, Lancashire and Wesl and East Yorkshire. Like the shield exhibr(ion. our audience reach extended well beyond the lo¢alty and illustrates the potential for the Museum to become a much more signrficant tourist att￿tIon in the fLrture and make a stronger contribution to the local economy. Summer Talks Programme Our summer lecture ￿rIeS was once again SLtccessful. It included a talk on the Matton Fire Brigade (to coincide with the Exhibrtionl. one on the Pocklington Excavations by Professor Melanie Giles from Manchestei Universrty. Paula Wale from MAP talked about th6 Eastfield Excavations in S¢artJorough. The lectures were each attended by an average of over 30 people, giving a total of about 90 participants. Audlenca review Wrth the support of MDY we undertook a review of our Audience Development Strategy. Thi5 look account of the growing popul*ion of Matton and Norton, the demographic characteristics of Ryedale end North Yorkshire and the growing Importance and effectiveness of our communicatDns Channels ano in particular soc￿1 medra. Our Shield Exhibrtion and thè Roman Festival demonstrated that the Museum can attract Vtsrtor5 frc¥n beyond the localty and helps lo demonstrate the potential of a new and larger museum to attract greater visitor numbefs than is currently the case. The results of the review (when completel will be Combined with the recommendations contained In the feasibilrty study for the new museum and assist in finalising the actions sd out in our new strategy until 2026. Overnll Impact Ouf 2023 economic impact, (based on a lolal of 2,190 visf(orsl, indicated that the value our kxal visitors contributed lo the economy was £14,086 and day visitors £40,511 wi(h a total value to the locality of £54,597 latthough this is likely to be an undareslimate as it doesnl take account of activities such as the walking tours and Roman Festival). Collxtions Managtment and software Our collection ￿ at the heart of the Museum. 11 ¢omprise$ objects from pre-history through to the 2111 Century and includes finds of nation81 significance from the excavations of Malton Roman Fort. The Collections team have continued lo meet weekly throughout the last year. We again worked closely wrth the Exhibrtions team, preparing for the loan of the labulous Pocklinglon shield. The Coronation provided an appropriate opportunity lor the dtrsplay of our objects wrth royal connections, and a collaboration wrth Malton firefighter lan Orledge provKled a gre* opportunrty for a commun display and associated lecture. Work has ￿ntinUed on the paper archive sorting. li5tsng and where appropriate, digitising the excavaiion archives. This exiensive task is now nearing completion. In the archaeology store the processing of ijnpiovenanced material has been completed. The stonework on the pallets Jn the stone store has been cleaned. re-idenlified where possible and newly Malton Museum CIO Trustees. Annual Report {¢onUnu8d) Year ended 31 March 2024 accessioned where not. re￿rranged and then covered with Tyvek sheeting to keep it clean. We are cur￿n11Y working through the stores allocating a unique number lo each storage box. Each box and rts location is then being recorded in the database, making it much eaS￿r lo locate indivhlual objects within the store. The Iransfef of data from Adlib to Axiell ColleclK)ns Cloud, an Induslry-standard collections management system was completed at the end of 2023. As the accessioning backlog has been cleared we now have 27,060 records in the catalogue wrth more archwe-related entries still to add. The new system provides comprehensive documentatton and search facilrties which will enhance both the management of the Coll￿tIOn and access lo rt. We hosted reseafchers who wished lo l¢x)k al stonework. Slaxion pottery and jet, the tatter resulting in ew exhibition material and a lecture lor the 2024 season. Our application lo the Association of Independent Museurns IAIMI for new temperature and humidity monitors was initially unsuccessful. 11 was resubmitted In September and was approved the second time around. New monitors have been purchased and deployed in the musèum cases, and the UV film is currently being applied lo the museum's window5. Improving our Communications One of our key objectives is lo rai$e the profile of the Museum. particularty lo visitors to the area and at ￿giOnal level. We have been very active in the use of social media and have appointed our first press officer. He has been instrumental in issuing regular press releases featuring the Museum's activities and key artefa¢ls in our collections as part of an "object of the month" series in the local paper. We also participate in leaflet exchanges with other local vi$rtor attractions and promote our exhibrtions and walking tours on the Visrt York website. Property Early in the year we concluded our licence extension al the Milton Rooms until April 2027 with an indication that this could be extended for a further year and our tenancy of the stores until April 2025. These agreements provide stabilrty for the Museum as we progress our ambitions for a new home. We were successful in our application fof 8 £50,OOQ grant lo North Yorkshire Council IUK Shared prosperity Fund) for a feasibility study Into a new k)ng-temi home for the Museum. After a rigorous tender proces5, we appointed a ¢on50rtium of consultants wth an intemationallnational profi￿ to undertake the study. The York office of Purcell Architects brings a wealth of expertise of working on other museum projects and listed buildings as do Chana Projects. Haley Sharpe Design have significant experience of museum and collection displays. They are working closely wrth the Museum Trustees on this exciting prqecl which will help realise our ambrtions for a much more signrficant profile as a visitor destination (reflecting the signrficance of our collections) and lo play a stronger role in promoting the welkbeing of local residents and a bigger contribution lo the local economy. The interim findings have been very well received by local stakehoklers. The consultants, final report and proposals for the next stage of the process are due lo be ¢oncluded in early May. Fundraising L851 year we stressed the importance of securing a sustainable financial base for the Museum and how il is vital to se¢uTing our ambf(ions. 11 Is very plèasing to report sKJnrficant progress because ol the fantastic contribution of all our volunteeT5 and supporter5. Our success in generating income has included suc￿Ssful grant applications, the decision to introduce charging, the shield exhibition and Roman Festival and OUT SUPPQrter's scheme. As a result of these. and particularly the Feasibility Study grant of £50.000. our income increased significantly from £23.087 in 2023 10 £87,737 this year. Our operaling surplus increased from £2,700 to £14.146 and our reserves now stand * £54.485. We are most grateful lo all of those who have supported the Museum over the past year. This has allowed us lo appoint a fundraiser lo assisl Fn generating addrtional income for our Roman Festival and to Klentrfy further sources of funds lo support the future expansion of the Museum. Malton Museum CIO Trustees. Annual Report Year ended 31 March 2024 Working wlth Others We continue to develcp our partnershp working and have enjoyed the support of both Mallon and Norton Town Councils as well as the new North Yorkshire Cour￿11. We are partiCul￿ty gra1￿ul to Kevin Hollinrake MP who twice visited the Museum and gave his $upport in our bids for furKling for the Museum Feasibilrty Study. We are aiming to work with the Milton Rooms and the Masoni¢ Lodge as part of the Herrtage Open day later in the year. The Museum Friend5 also continued lo support the Mu$eum and hekl theii Winter lecture series which were attended by 211 people. They also kindly c(Mnmrtted £1,000 from their reserves lo assist the Museum, possibly by adding to our collections. We are also most grateful for the continuing support of MAP Archaeokgy. We have Continued our dose relationship with the University of York ArCha￿lOgY Department. This year we worked with MA students on two different research projects over a period of three months. Each will leave the museum piece of Wofk which will be incorporated in next yeasses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless il reverses a charge for impaimenl th* has previously been iecognised as expenditure wrthin the statement of financial activrties. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revalu*ion gain, in which case the loss is shcwn wrthin other recognised gains and losses on the stalement of ffinancial actrvib"es. Dep￿ciatIOn Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual valu6, over the useful economic Irfe of that asset as follows.. FIxtU￿s and frtlings 12% reducing baLqnce 12 Malton Museum CIO Notes to the Financial Statements Year ended 31 March 2024 Donations, Grants and legacies Unreslride(I Funds Restricted Total Funds Funds 2024 Donations & Grants Museum Development Yorkshire Norton Town Council Malton Town Council Monthly Donations Sundry Donations Ryedale District Council Malton CIC Friends of Matton Museum North Yorkshiie Council Association of Independent Museums Gift Aid claims 500 500 4,007 7,427 4.007 7,427 50.486 2.478 60A86 2,478 657 657 12,591 52,964 65,65S Unrestricted Funds Restricted Total Fund$ Funds 2023 Donations & Grants (last year) Museum Development Yorkshi Norton Town Council Malton Town Council Monthly Donations Sundry Donations Ryedale District Council Matton CIC Friends of Malton Museum North Yorkshire Council Association of Independent Museums Gift Aid C￿lmS 3.388 499 225 3,388 499 225 2,125 3,567 2.125 1,981 1,586 1.000 1.750 1,298 1, 750 1,298 1.294 1,294 5,400 9,746 15, 146 Charltable a¢livities Unrestricted Total Funds Unrestricled Totsl Funds Funds 2024 Funds 2023 Education Archive services Outreach, tours & events Roman festival Exhibrtions and admissions Insuran¢e claim 1.060 304 3,812 4.051 6.663 2,107 1,060 304 3,812 4,OS1 6,663 2,107 1,375 1,375 1,061 3,887 1,061 3,887 17,997 17.997 6.323 6,323 13 Malton Museum CIO Notes to the Flnancial Statements Year ended 31 March 2024 Other tr4dlng a¢tivitlo5 Unrestricted Total Funds unreStr￿ted Total Fund5 Fund$ 2024 Funds 2023 Retail income 3,178 3,178 1,355 1,355 Invgstmert Incom• Unreslrided Totsl Fund$ Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest r￿e1vable Cambridge & Counties Bank interest receivable Redwothj Bank inlerest receivable 405 405 169 769 1.007 1.007 263 Expondlturn OD charltable actlvlties by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Charitable Activity Support costs 14,018 5,927 14.018 59.573 53,646 19,945 S3,646 73.691 Unreslrthd Funds Restricted Totsl Funds Fund8 2023 charrtab￿ A¢tivty Support costs S,572 7,472 6,127 1.216 11,699 8,688 13,044 7,343 20,387 Expendoture on ¢harltabl• acthiltles by a¢tivity type Activities undertaken directly Supwrt cost8 Total funds 2024 Total fund 2023 Ch8ritabfe Activty Govemance costs 14,018 8,579 50,994 59.573 22,597 50,994 73.691 19,271 1,116 14,018 20.387 14 Malton Museum CIO Notss to the Financlal Statements I￿￿0￿￿•d} Year ended 31 March 2024 10. Ngt Incomè Net income is stated after Charg1￿(credit1ftg): 2024 21r23 Depreciation of tangible fixed assets Operating lease rentals (Hire of equipment) 408 1,290 486 11. Staff co The average head count of employees during the year was Nil {2023.' Nill. No wnployee r8ceiv&J empk)yee beneffts of more than £60.000 during the year (2023.. Nill. 12. Trustee rgrnuneration and expenses No remunerath?n or other b9nefts from employment with the charrty or a relaknj entity were received by the trustees. 13. Tangib18 Ilx¢d assots Flxturns and frttings Cost At 1 Apfll 2023 and 31 March 2024 Daprnciatlon Al 1 April 2023 Charge for the ye At 31 March 2024 Carrylng amount At 31 March 2024 At 31 March 2023 16.647 13.149 408 13,557 2.990 3,398 14. Stock8 2024 2023 Stock in hand 3.7SO 3.829 15 Malton Museum CIO Notes to the Flnancial Statements (c Year ended 31 March 2024 16. DebtorJ 2024 2023 Trade debtors Prepayinenls and ￿crUed income Other debtors 1.105 529 657 793 7, 143 2.291 2,436 16. Cr•dltlM5: amounts falling due within on¢ y•ar 2024 2023 Accrual$ and deferred income 24.993 1,453 17. Analysis of charttable funds Unrestrklod funds At Transfers 31 March 24 At 1 April 23 Income Expenditure General fijnds Dessgnated funds 37.936 34,773 (19,945} (21,000} 21.000 31,764 21.000 37.936 34,773 <19,945) 62.764 At 1 April 22 At Transfers 31 March 23 Income Expendrture General funds Designatèd funds 37.638 13,341 113,0431 37.936 37.638 13,341 (13,0431 37,936 R0str1cted funds At 1 April 23 At Income Expgndrture 31 March 24 Restrict￿ Funds 2.403 52,964 153,6461 1.721 At 1 April 22 At Incc#ne Expenditure 31 March 23 Restncted Funds 9.746 17,343) 2,403 16 Malton Museum CIO Management Information Year ended 31 March 2024 The folknvlng page# do not fom) of the finan¢i*l statemwt& 17 Malton Museum CIO Detalled Statement of Financlal Activities Year ended 31 March 2024 2024 2023 Income and endoymwnts l)onatlons Grants and legacies Museum Devebpment Yorkshire Norton Town Council Mahon Town Council Monthly Donations Sundry Donations Ryedale District Council Matton CIC Friends of Mallon Museum North Yorkshire CcNJn¢il Associaknon of Indep8nd&nt Museums Gfft claims 3,388 499 225 2, 125 3,567 1,000 1, 750 1,298 4,007 7.427 SO.486 2.478 657 1.294 65,555 15. t46 Charltabl• actlvltles EduCat￿n Archive S￿1¢8$ Outreach. lours & events Roman feslwal Exhibitions and admissKJns Insurance claim 1,060 1.375 3.812 4.051 6.663 2.107 1,061 3,88T 17.997 6,323 Other trading acthil¢ies Retail income 3.178 1.355 Inv•slment inc¢)me Bank interest receivable Cambridge & C￿ntieS Bank interest receivab Redwood Bank interest receivable 1,007 263 Total Income 87,737 23,087 18 Malton Museum CIO Detailed Statement of Flnancial Activitles feoniinwd) Year ended 31 March 2024 2024 2023 Expendiiure Expgndlture on charltsble activitios Opening stock Puichases Closing stock Operating leases (equipment hirel Rent Light and heat Repairs and maintenance Insurance Collections costs Govemance costs {including Feasibilrty Study) Telephone Other office wsls Depreciation Bank charges Exhibitions, subs¢riptions etc Printing, outreach etc costs Computer and websrte expenses Roman Festival 3,829 1,654 13,7501 1,290 4,283 1,513 4,224 364 (3, 829) 3,972 1.312 290 689 3,232 1,116 403 518 486 62 1,885 2, 766 653 2,844 564 3,859 $0,994 537 451 408 178 1.222 275 354 5,930 73.591 20,38T Total •xp•nditurn 73,591 20.387 Net income 14,146 2, 700 19 Malton Museum CIO Notes to the Detailed Statement of Flnancial Actlvities Year ended 31 March 2Q24 2024 2023 Expendlture on eharitsble activiti•s Activities undertaken dIr￿dY Opening stock Purchases Closing stock Hire of equipment Repairs & repl&emenls Collections equipment & expenses Sundry expenses Bank charges Exhibition costs Education & outreach Computer & websf(e expenses Roman festival 3,829 1.654 13,750) 1,290 4.224 364 (3,829) 290 2,998 518 62 1.428 2, 750 653 2,844 3,859 451 178 857 86 354 6.930 14,738 11,702 Support costs Rent Light & he* Insurance Collections overheads Telephone Depreciation Subscriptions Printing, post, stationery 81¢ 4,283 1,513 3,972 1,312 689 234 403 486 457 16 537 408 365 189 7.859 7,569 Governance co$ts Govemance ¢0sls- Feasibility Study Governance Costs - Iiustees. meetings & training 50.284 710 1,116 1,116 Expenditure on Charitable activities 73.591 20,387