Registered Charity Number: 1183191
Hope Church Huddersfield
Unaudited
Report and Accounts
For the year ended 5 April 2021
HOPE CHURCH HUDDERSFIELD
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees Report | 2 |
| Independent Examiner’s Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 |
HOPE CHURCH HUDDERSFIELD
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 5 APRIL 2021
Trustees: Rev. L Allen Mr D Dent Mr P Godfrey Mr G Powell Mr P Thomson Status: Charitable Incorporated Organisation Charity Registration Number: 1183191 Address: 6 Burn Road Huddersfield HD3 3BT Independent Examiner: Wheawill & Sudworth Limited Chartered Accountants 35 Westgate Huddersfield HD1 1PA Bankers: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
Page 1
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2021
The Trustees are pleased to present their report and financial statements for the period ended 5 April 2021.
The Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the charity's Governing Document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) published in October 2019.
Structure, Governance and Management
Governing Document
The Church is a Charitable Incorporated Organisation (CIO) and operates under a Constitution that was registered with the Charity Commission on 30 April 2019.
Governance
The Church is lead by the Elders who are supported by a team of Deacons. All Elders also serve as Trustees. The Elders meet regularly to monitor the spiritual welfare, to discuss future plans and to review the current activities of the Church.
The Elder’s decisions are subject to the scrutiny and where required the approval of Church members at the quarterly Church business meetings.
Appointment of Trustees
New Trustees are nominated by the current Trustees and are confirmed by a vote of Church members. All Trustees have to be re-confirmed by the Church members every 3 years.
Mr D Dent was appointed as Associate Pastor and Trustee on 1 September 2020. Mr P Godfrey was appointed as a Trustee on 30 September 2020.
Objectives and Activities
The purposes of the Church are the advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Huddersfield and the surrounding neighbourhood; and such other charitable purposes as shall, in the opinion of the Trustees, put into practice the Christian faith in accordance with the Basis of Faith.
When planning activities, the Trustees have given due consideration to the Charity Commission’s guidance on public benefit. The Church holds public Sunday services and runs other activities during the week. In particular, we try to enable ordinary people to live out their Christian faith in their local communities.
The Church also provides financial support to other individuals and organisations involved in Christian mission.
Page 2
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2021
Achievements and Performance
The Church has continued with its activities, but these have been impacted by the Coronavirus pandemic restrictions which been in place throughout the reporting period. The restrictions have meant that activities have had to take place online. Activities have been stopped if this has not been possible.
-
Sunday services are conducted in both the morning and the evening. During the pandemic these services have been live-streamed on Zoom and YouTube and have been open to members, other regular attendees and guests.
-
Sunday school activities have been stopped due to the pandemic, but “Hope TV” (a weekly video for younger children) has been introduced in its place. Mid-week meetings for older age groups have been run online.
-
Life Groups (small group meetings in member’s homes) meet weekly for bible study, prayer and to share fellowship. These meetings have continued online during the pandemic.
-
Student ministry has been limited due to the pandemic.
-
The Pastors have continued to provide pastoral care and support to the Church membership, other regular attendees and to those from outside the Church who have approached them.
-
Church members have offered “telephone befriending” to people from outside the Church. Details of people who had asked for such contact were provided by Kirklees Council.
-
Other activities included a ladies wreath making evening and a quiz at Christmas and a chocolate truffle making evening at Easter.
The ministries of the Church are overseen by its leadership and are carried forward by the Senior and Associate Pastors and with the extensive involvement of volunteers drawn from the Church membership and other regular attendees. This pattern is seen in all areas of Church life.
The Church meets in rented premises on Sundays and hires premises for other events as required. The Trustees, with the support of Church members, are actively looking for premises to purchase. It is anticipated that this will enable the Church to further develop and extend its ministries.
Financial Review
An operating budget is approved annually by the Church Members Meeting and the day to day finances are administered by the Treasurer. Finance reports are provided to the Trustees and Church Members meeting.
Remuneration of employed staff is determined by the lay Trustees and is subject to Church Members approval as part of the operating budget.
Page 3
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2021
The Church was registered as CIO on 30 April 2019. The activities of the Church continued as before, but the change of status required the previous charity (Hope Church Huddersfield CUA) to transfer all of its assets to the new charity (CIO). This transfer was completed on 1 December 2019. The comparative figures included in these accounts are distorted because they do not reflect a full year’s activity. All transactions to 30 November 2019 were included in the accounts of the previous charity.
Income for the year to 5 April 2021 was £94859 and expenditure was £72621 giving a surplus for this period of £22238.
Total reserves at the end of the year are £309586, of which £11451 are restricted and £200753 are designated. Unrestricted general reserves at the end of the year are £97382.
Reserves Policy
The Trustees have agreed to maintain reserves equivalent to 6 months normal church expenditure which is c.£45000. This is more than adequately covered by the balances held.
The Trustees recognise that the Church is holding excess reserves.
The Church is actively looking to purchase a property. The Trustees have transferred the amounts saved on premises hire due to the impact of the Coronavirus pandemic from General Funds (unrestricted) to the Building Fund (designated). A further transfer from General Funds (unrestricted) to the Building Fund (designated) to increase the total balance in the Building Fund to £200005 (restricted £4887, designated £195118) was completed at the end of the year. These transfers were approved by members.
Funding
The Church’s funding principally comes from gifts and donations made by members and other regular attendees together with associated Gift Aid.
Risks
The Trustees have not identified any major risks to the Church.
The coronavirus pandemic lockdown measures have been in place for the whole of the reporting period. These restrictions have impacted activities, but the Trustees do not believe that they represent a risk to the Church given the level of financial reserves.
Responsibilities of the Trustees
The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 4
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2021
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing the financial statements the Trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP 2019 (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on a going concern basis unless it is inappropriate to assume that the Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on 29 September 2021 and signed on their behalf by
Mr G Powell Trustee
Page 5
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HOPE CHURCH HUDDERSFIELD FOR THE YEAR ENDED 5 APRIL 2021
I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2021 which are set out on pages 7 to 17.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the 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 matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Church as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Mrs H V Solomons FCA Wheawill & Sudworth Limited Chartered Accountants 35 Westgate Huddersfield HD1 1 PA
29 September 2021
Page 6
HOPE CHURCH HUDDERSFIELD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2021
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 05/04/21 | 05/04/21 | 05/04/21 | ||
| Note | £ | £ | £ | |
| Income and endowments from: | ||||
| Donations and legacies | 2 | 93812 | 0 | 93812 |
| Investments | 60 | 65 | 125 | |
| Other income | 922 | 0 | 922 | |
| Total income | 94794 | 65 | 94859 | |
| Expenditure on: | ||||
| Expenditure on charitable activities | 4 & 5 | 71351 | 1270 | 72621 |
| Total expenditure Net income / (expenditure) resources before transfers |
71351 23443 |
1270 (1205) |
72621 22238 |
|
| Transfers | ||||
| Gross transfers between funds - in | 58392 | 0 | 58392 | |
| Gross transfers between funds - out | (58392) | 0 | (58392) | |
| Net movement in funds Reconciliation of funds Total funds brought forward |
23443 274692 |
(1205) 12656 |
22238 287348 |
|
| Total funds carried forward | 298135 | 11451 | 309586 |
Page 7
HOPE CHURCH HUDDERSFIELD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2021
Statement of Financial Activities for the year ended 5 April 2020:
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| £ | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies | 299846 | 14770 | 314616 |
| Investments | 95 | 106 | 201 |
| Other income | 492 | 0 | 492 |
| Total income | 300434 | 14875 | 315309 |
| Expenditure on: | |||
| Expenditure on charitable activities | 25741 | 2220 | 27961 |
| Total expenditure Net income / (expenditure) resources before transfers |
25741 274693 |
2220 12655 |
27961 287348 |
| Transfers | |||
| Gross transfers between funds - in | 5000 | 0 | 5000 |
| Gross transfers between funds - out | (5000) | 0 | (5000) |
| Net movement in funds Reconciliation of funds Total funds brought forward |
274693 0 |
12655 0 |
287348 0 |
| Total funds carried forward | 274693 | 12655 | 287348 |
Page 8
HOPE CHURCH HUDDERSFIELD
BALANCE SHEET AS AT 5 APRIL 2021
| As at | As at | ||
|---|---|---|---|
| 05/04/2021 | 05/04/2020 | ||
| Note | £ | £ | |
| Current assets | |||
| Stocks and work in progress | 871 | 660 | |
| Debtors | 8 | 12196 | 12875 |
| Cash at bank and in hand | 297719 | 276553 | |
| 310786 | 290088 | ||
| Liabilities | |||
| Creditors: Amounts falling due in one year | 9 | (1200) | (2740) |
| Net Current Assets | 309586 | 287348 | |
| Net Assets | 309586 | 287348 | |
| Represented by: | |||
| Unrestricted - General Funds | 10 | 97382 | 132166 |
| Unrestricted - Designated Funds | 200753 | 142526 | |
| Restricted Funds | 11451 | 12656 | |
| Funds of the church | 309586 | 287348 |
The financial statements were approved by the Trustees on 29 September 2021 and signed on their behalf by:
Mr G Powell Trustee
Page 9
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
1. Accounting Policies
1.1. Basis of preparation of financial statements
These financial statements are prepared on a going concern basis, under the historical cost convention.
The financial statements have been prepared in accordance with the “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 (FRS102)” (“the Charities SORP”) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Hope Church Huddersfield constitutes a public benefit entity as defined by FRS 102.
1.2. Fund Accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
1.3. Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The value of services provided by volunteers has not been included in these accounts.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
1.4. Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.
Page 10
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the fees of the independent examiner.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
1.5. Fixed Assets
All assets costing more than £1000 are capitalised.
The transfer from the previous charity did not include and the charity has not purchased any assets that cost more than £1000.
1.6. Debtors and creditors receivable / payable within one year
Debtors and creditors receivable or payable within one year are recorded at the settlement amount.
1.7. Pensions
The charity makes contributions to either the NEST scheme that it administers to meet its auto-enrolment obligations or to an employee’s existing stakeholder pension plan. Employees contract directly with either NEST or the pension plan provider.
2. Income Received
| Donations Total - Donations & Legacies Bank Interest Total - Investment Income Other Income Total - Other Income Total Income 2020/21 |
Unrestricted 2020/21 Designated 2020/21 Restricted 2020/21 Total 2020/21 £ £ £ £ 92862 950 - 93812 |
|---|---|
| 92862 950 - 93812 |
|
| 60 - 65 125 |
|
| 60 - 65 125 |
|
| 922 - - 922 |
|
| 922 - - 922 |
|
| 93844 950 65 94859 |
Other Income includes gifts from church members of £500 which were passed anonymously to third parties on the member’s behalf.
Page 11
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
Income Received in the previous period:
| Assets transferred from previous entity Donations Total - Donations & Legacies Bank Interest Total - Investment Income Other Income Total - Other Income Total Income 2019/20 |
Unrestricted 2019/20 Designated 2019/20 Restricted 2019/20 Total 2019/20 £ £ £ £ 130888 136726 14770 282384 31232 1000 - 32232 |
|---|---|
| 162120 137726 14770 314616 |
|
| 95 - 106 201 |
|
| 95 - 106 201 |
|
| 492 - - 492 |
|
| 492 - - 492 |
|
| 162707 137726 14876 315309 |
3. Mission Donations
| Mission - Donations Total - Mission Donations |
Unrestricted 2020/21 Total 2020/21 Unrestricted 2019/20 Total 2019/20 £ £ £ £ 9924 9924 637 637 |
|---|---|
| 9924 9924 637 637 |
All donations were made from Unrestricted funds. Donations were made to the following organisations:
| Caring for Life FIEC OMF International Redeemer Church of Dubai (for CBC Beirut) SASRA Spen Valley Church |
Total 2020/21 Total 2019/20 £ £ 2000 5 1896 632 2000 - 278 - 1000 - 2750 - |
|---|---|
| 9924 637 |
Page 12
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
4. Charitable Activities
| Direct Costs Staff Costs Ministry Guest Speakers Evangelism Venue Hire Printing & Stationery Insurance Licences Equipment Children & Youth Catering General - Other Expenses Total - Direct Costs Governance Professional Fees Total - Governance Total - Charitable Activity Cost |
Unrestricted 2020/21 Designated 2020/21 Restricted 2020/21 Total 2020/21 £ £ £ £ 51065 - - 51065 1435 1115 1270 3820 130 - - 130 20 - - 20 806 - - 806 298 - - 298 304 - - 304 1702 - - 1702 630 - - 630 74 - - 74 0 - - 0 2648 - - 2648 |
|---|---|
| 59112 1115 1270 61497 |
|
| 1200 - - 1200 |
|
| 1200 - - 1200 |
|
| 60312 1115 1270 62697 |
The Independent Examiners fee for completing the Independent Examination was £1200.
Page 13
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
Charitable Activities cost for the previous period:
| Direct Costs Staff Costs Ministry Guest Speakers Evangelism Venue Hire Printing & Stationery Insurance Licences Equipment Children & Youth Catering General - Other Expenses Total - Direct Costs Governance Professional Fees Total - Governance Total - Charitable Activity Cost |
Unrestricted 2019/20 Designated 2019/20 Restricted 2019/20 Total 2019/20 £ £ £ £ 10805 - - 10805 1478 200 2220 3898 500 - - 500 545 - - 545 6283 - - 6283 523 - - 523 302 - - 302 670 - - 670 119 - - 119 111 - - 111 583 - - 583 1283 - - 1283 |
|---|---|
| 23202 200 2220 25622 |
|
| 1702 - - 1702 |
|
| 1702 - - 1702 |
|
| 24904 200 2220 27324 |
5. Staff Costs
| Gross Salaries Pension Contributions Employer NICs Total Staff Costs |
Total 5 April 2021 Total 5 April 2020 £ £ 46035 9832 4569 973 461 - |
|---|---|
| 51065 10805 |
The average number of people employed by the charity during the year to 5 April 2021 was 1.6.
No employee was paid at a rate in excess of £60,000 per annum.
6. Trustees Remuneration
Lewis Allen was paid a salary of £30180 (£9832 in 2019/20) for his role as Senior Pastor. Employer’s pension contributions of £2994 (£973 in 2019/20) and Employers NICs of £261 were made on his behalf.
Page 14
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
David Dent was appointed on 1 September 2020 and paid a salary of £15855 for his role as Associate Pastor. Employer’s pension contributions of £1575 and Employers NICs of £200 were made on his behalf.
7. Related Party Transactions
Aggregate donations, excluding Gift Aid tax refund, of £11822 (£3075 in 2019/20) were received by the charity from the Trustees and their spouses. There were no conditions attached to the donations.
8. Debtors
| Tax Recoverable Total Debtors |
Total 5 April 2021 Total 5 April 2020 £ £ 12196 12875 |
|---|---|
| 12196 12875 |
9. Creditors: Amounts falling due within one year
| Accruals Total Creditors |
Total 5 April 2021 Total 5 April 2020 £ £ 1200 2740 |
|---|---|
| 1200 2740 |
10. Statement of Funds
| Designated Funds Building Hardship Total General Funds General Total Unrestricted Funds Restricted Funds Building Ministry Development Total Total Funds |
Balance at 5 April 2020 Income Expenditure Transfers Balance at 5 April 2021 £ £ £ £ £ 136726 - - 58392 195118 5800 950 1115 - 5635 |
|---|---|
| 142526 950 1115 58392 200753 |
|
| 132166 93843 70235 (58392) 97382 |
|
| 132166 93843 70235 (58392) 97382 |
|
| 274692 94793 71350 0 298135 |
|
| 4822 65 - - 4887 7834 - 1270 - 6564 |
|
| 12656 65 1270 - 11451 |
|
| 287348 94858 72620 0 309586 |
Page 15
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
Statement of Funds for the previous period:
| Designated Funds Building Hardship Total General Funds General Total Unrestricted Funds Restricted Funds Building Ministry Development Total Total Funds |
Balance at 30 April 2019 Income Expenditure Transfers Balance at 5 April 2020 £ £ £ £ £ - 136726 - - 136726 - 1000 200 5000 5800 |
|---|---|
| - 137726 200 5000 142526 |
|
| - 162707 25541 (5000) 132166 |
|
| - 162707 25541 (5000) 132166 |
|
| - 300433 25741 0 274692 |
|
| - 4822 - - 4822 - 10054 2220 - 7834 |
|
| - 14876 2220 0 12656 |
|
| - 315309 27961 0 287348 |
General : unrestricted funds used for the general running expenses of the church.
Building : to be used for the purchase or lease of a church building and / or the equipping, furnishing and maintenance of a church building.
Hardship : to be used for the relief of members and others associated to the church who are suffering financial hardship.
Ministry Development : the development of those in training for full time Christian ministry and the support of “Ministry Apprentices” who serve the church and undertake introductory Christian ministry training in a voluntary capacity.
11. Analysis net assets between funds
| Cash at bank and in hand Other current assets Current liabilities Total |
Unrestricted 5 April 2021 Designated 5 April 2021 Restricted 5 April 2021 Total 5 April 2021 £ £ £ £ 85605 200663 11451 297719 12977 90 - 13067 (1200) - - (1200) |
|---|---|
| 97382 200753 11451 309586 |
Page 16
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021
Analysis of net assets between funds for the previous period:
| Cash at bank and in hand Other current assets Current liabilities Total |
Unrestricted 5 April 2020 Designated 5 April 2020 Restricted 5 April 2020 Total 5 April 2020 £ £ £ £ 121371 142526 12656 276553 13535 - - 13535 (2740) - - (2740) |
|---|---|
| 132166 142526 12656 287348 |
Page 17