CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110412023 To 3110312024 Charity name: The King's Church (Ringwood) (Incorporated) Charity registration number: 1194261 Objectives and Activities Summary of the purposes of the charrty as set OLrt in ts overnin document Summary of the main activities in relation to those purposes for the publi benefrt, in particular, the activities, projects or services identffied in the accounts. Stalement confimiing whether the trustees have had regard to the guidance issued by the Charity Commission on public benefft PaA1.17 Advancement of the Chriskn'an religion and Christian edu¢ation and relief for the aged, oor sick or disabled. Church Servicès. Care within the Community. Lrfe Style Club for over 50's Crafty Kidz Stay In & Play King's Kitchen monthly free lunch P•r• 1.17 •rnJ 1.18 lthen planning our activities for the year, the trustees and elders have considered the Commission's guKJance on public benefft. We try to enable ordinary people to live OLrt their farth as part of our communty through all of our activities, including-. Worship and prayer Provision of pastoral care Missiona and outreach work Addltlonal Infomiatlon loptlonal) You ma choose to include further statemerrts where levant aboutr. SORP rEiÈrEr Policy on grant making Pora 1.38 Policy on social investment including program related investment Par4 1.3B The church operates with only one paid member of staff. All other functions are fvlfilled by unpaid volunteers. Wrthout this input, the church would not be able to function within the communty as it UJTrentl does. Contribution made by volunteers Para 1.38
Achievements and Perfonnance During the period 0110412023 to 3110312024 we continued to promote the Chrisb'an fath and support for the communty. In particular. we achieved the folloviing: Crafty Kldz Weekly craft sessions FfOVKled fr of charge to families during school holidays at Carvers Clubhouse, Ringwood. The Lifestyle Club A frtness and lifestyle advic8 group for the over 50's. Its aim is to help people stay fit and active as they progress through their older years. Food Bank Although not run by King's Church (Ringwood). we have members who support this organisation. Elderly Pastoral Care Toam Regular visrts and calls to th8 elderfy and infinned members and fn'ends of the church to offer prayer, fellowship and support. Doodlebugs A monthly craft evening for women, providing a safe, creative environment for fun and fn'endship. The King's Kltch•n W provide a monthly free Sunday lunch at the Greyfn'ars Activities Centre. Number8 attending are regularly between 40-50. Health and Hope UK for PAyanmar le have organised events to raise funds for this charity which seeks to bring hop8, relief from poverty and development opportunrties to rural communities in Myanmar (ftxmerly Buma). Summary of the main achievemènts of the charity, identrfying the dfftrence the harity's work has made to the circumstances of its beneficiaries and any wider benefrts to society a$ whole. Para 1.xl Additional infomiation loptlonal) You ma choose to indude further statements where relevant about: Achievements against objectives set P8r8 1.41 PerforMaTr of fundraising activrties against objectives set P•ra 1.41
Financial Review Review of the charity's financial position at ts end of the peri¢xI Pwa 1.21 The King's Church (Ringwood) had an excess of £2,400 in income over expendtture, compared to a loss of £10,484 for the year ended 31 March 2023. Statement explaining th8 poli¢y for holding reser4es stating why they are held Pala 122 To maintain sufficient funds to ensure the on-going work of the chanty and causes that fft wÉthin our objectives. The trustees ensure that the reserves held are in excess of three months standard ex enditure. The reserves hekl are GalGulated as thr8e months fixed running costs, including sala . PAYE and nsion contributions. Amount of reserves held 1.22 Reasons for holding zero reserves Details of fijnd materially in deficit Explanation of any uncertainties aboLrt the charty continuing as a going ¢on¢ern Para 1.22 Par• 1.24 None Para 1.23 None Additlonal inforniation {optlonal) You ma choose to include further statements where revant about: The charity's principal sources of funds (induding any fundraising) All of the charty InMe is from voiuntary donations. Parn 1.47 Investment policy and objectives including any social investment policy adopted All excess income 18 hekl in UK banking accounts and is therefore subject to, and protected by. the UK bankn'ng regulations. Parn 1.48 A descripts'on of the prinapal risks fa¢ing the charrty Parn 1.40 Other
Structure, Governance and Management Description of ¢harrty's trusts.. Type of gov8ming document Pwa 1.25 Constrtution How is the charity constituted? P¥a125 Charitable Incorporated Organwts'on Incorp(Kat&J on 19 April 2021 Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees ParB 1.25 Appointed ty ekjers and existing trustees Addltlonal Inforniation loptlonal) You may choose to include further ststements where relevant about: Policies and procedures adopted for the induction and training of trustees Pw• 1.51 The King's Church {Ringwood) is a member of Churches Together In Ringwood, a group of churches within the area that work together to forward the Christian farth. The ¢hanty's organisats'onal structure and any wider neOrk wrth which the charity works rn 1.s1 Ve are affiliated to 'Commission' a global group of thurches that See the local ongregation and communities where they are based. This enables us to support our own and other communities more than we could achieve on our i)wn. All trustees gNe their time voluntarily and rec8ive no remuneration or other benefits. Relalionship wth any related parti88 Pw¥ 1.51 Other Reference and Administrative details Charit name other name the chan istered cha number Charity's principal address TheKi 's ChUrch Ringwood 1194261 Greyfriars Activty Centre. Ringwood & District Communty Association, 44 Christchurth Road. Ringwood, Hampshire BH24 1 DW
Names of the charity trustees who manage the charity Tru•ts• name Office lrf¥nyl Name of per80n {or body) gntid8d nt tntstee ifan Elders and Trustees Reginald Chapman Susan Dyer Clayton Hoff Laura Pike Chair Ekler5 and Trustees EldeTS and Trustees Elders and Twstees 10 12 13 14 15 16 17 18 19 20 orate trustees- names of the directors at the date the r8 Dlrethir nam• wasa roved Name of trustees holding title to rKoperty belonging to the tharrty TnMts• nam•
Funds held as custodian trustees on behalf of others Description of the assets None held in this Gapa¢ty Name and objects of the charity on vthose behalf the assets are held and how thls falls within the custodian ¢hanty's objects None Details of arrangements for safe custody and S8gregation of su¢* assets from the charity's own assets None Addltional infomiallon (optlonal) Names and addresses of advisers (Optional informatlon) Type of Name Address adviser Namo of chlef executive or names of senlor staff memb•TS (Optlonal Infomiatlon) Exemptions from disclosure Reason for non4isclosure of ke rsonnel details other o tional inforniation
Declaratlons The trusteos declarn that th•y hav• approved the trustaos, roport above. Signed on behalf of the charity's trustees Slgnature(s) Full namels) Positionlog Secrntary. Chair. otcl &)&¥J tSHE (Kirf Date
THE KIMG'S CHURCH RINGWOOD CIO REGISTEAED alARITY PIUMBER 1194261 CIO NUMBER CE025358 A1411UAL REPORT AND FIWAWCIIL sfATEIIIEI(rs YEAR E14DED 31 MARCH 2024 Nub ACCtIn Umlt¢d IC Fridays Court 3-5 mh Street Ringwood Hampshire BH24 IA8
The Klng's Church Rlngwood CIO Reglstered Chwlty 1194261 Pwe No. Legal and admInistrave informatlon Trustees. annual repct Independent examlners, rerort Ststment of nnandal athilJes {SOFAI Balanee shelt Ar£tyjnng pjllcles and n¢)te5 to the finbndal stthmen15
The Klng's Rlngwood CIO Registered Charlty No. 1194261 L•9•1 and admlnlstratl¥e Infwm REFERENCE ANO ADMINISTRATIVE DETAIiS Reglsiered as a Chartty in England & WalÈs. CHARrrY REGISTERED NUMBER 1194261 CHARrrABLE INCORPORATED ORGANISATIOII NUMBER CE025358 CMARTfY's PIUNCIPAL ADDRESS Gyfar$ Activity Centre 44 Chirstchurch Road Rlngwood Hampshl BH24 IDW TRUSTEES Twstees who soryed durlng the year and up to date of thls report a as folk*ws: Mr Reg Chapman {Chalnnanl Mr Clayton Hoff Mrs Susan Dyer Mrs Laura Hke GOVERNING DOCUMENT The Choritable Incorp)rated COrnny wos wL<erfftl on 28 Apru 20211s govemed by Its constytubon. BANKERS Uoyds Bank Chelnwoftl Legg St Osc l Lego Stre•t Che1rY[0j Ess CMI Ijs Stewardshlp l Lamb's Passage London ECIY 8AB INDEPENOENT EXAMINER Hub Accountants Ltd Chartered Accountsnts IC Frtdays Court 3-5 ptlgh Street Rlngwood Hampshire BH24 IAB Page I
Th• Klrt•'8 Churth Rlntswood CIO Tru$te¢'$ Annyal Report For the year endod 31 MaK¢h 2024 The trustees present thtlr r4ryt ¥Mth the finandal staternents crf the thèrrty the year end1 31 Morth 2024. The truste85 have adopted the provlslons of Accr¥JnUg and Rewxting bv Owvitye5.' Ststement of Reccffjm)ded Pr3thLE apr4icaNe ta d)aribes preparing their alauntS in accordance Finanoal Standard ap1£able In the UK ané Republlc of Ireland IFRS 1021 (effectlve i Januarv 2019). srRUCTURK GoveRIIAIKE AND MANAfaMENT Gov•rnéng docurneTht The d)artty Is controlled by its govemlrbg drrn Re¢rultmnt and appdntment ol new trurt• Trustees are appolnted by the elders and exl#Sng trte¢ Organl•atlonal •tnthre The Klng's Church FUngwo(kl 15 o member 011eS T(2tthtr. • grDUP <rfthurches 1h1Th the area that Vvk tryrth to f(vard the Chrlstyan faith. Trustees glve thelr tlme Ve11Y Jn(I reLee Yeffluneri b¥%ftts R•lJtsd partle# We are affillated to 'Commlsslon' a tyobal 9rwp of thurche5 that seThe the local and wmmwldes where they a basbj. This enaiYe5 US to ours aNI (ther ¢tyMwnities rrKXE than We athleve ajr Advancerfrt of the Chrfsu•n rEllglon Crfan educavon rtii¢f ftythe •oed¥ ck cr dlsatAed. Slgnlfbcant •ctlvlll The rnaln attlvityes In relat1 ts) these obrtS aFe' - Churth Servlces - Cart by1thTr the CrynrnunY Llfe Style for over 50$ Crafy Kldz Stay and May - Kln9's Kltthen monthly fr¢t lundb Publlt n•fft When plannlng wr ath¥ltle5 tr the year, the trust¢¢s and elders h•¥e rdl the COMI1,5 9dar an puNI¢ enefit. We try to enable ordnory per•le to Il¥e out thelr as part L our cc•nmunlty thrwh all rf our act4vltle5 Indudlngi wrKshlp and prayer, w040n dpa41 care. mboemry •nd outreoth wo Volunto•r• Th• ChUh opv?tes wlth only Dr pald mernber ol stsff. other fundlms are ftlfllléd by YnP•ld vdurtW5. WIthoL thls Input the thurch would nct be ae to furtli)ft wlthln the r(rnynlty •5 It CLKrendv dce& ACHIEVEMENT A14D PERFQRMA14CE Ourlng the year we contlnued to womte the ChTrl#lan larth and supwrt tr the ond ln patocular we achleved the fdlov41w.' Crafty Kldz Weekly craft sesslons provl4d free ot(tsrw to t4rn111eF dmng holhjays at Cvevs aLthfft. RIngW4. Tho Ulutylq a A fitne55 and Ilfestyle Jdvlce grnup the over 50's. Its alm Is to help Stsy Ilt and IKtlve a$ proyre5S through thelr ¢Jer yeors. Foud O•nk Although n( run by Klng'5 Church (Wng) we have suFf**t the ¢mynisau. Elderly Pastoral Care T••m Regular and calls to the elV and Infirmetl mEmbtrs frie rf the ¢thurth to off¥ frfendship and SUPPDrL Doodl•bug A monthly craft evenlng womth. Kxo¥ldng ) $4fe. Ixeatlve ffivlrtxwnwt The Klng'• Kltth•n We prowde a mcwthly free Sunday lunch at the Grtth•rs aCtity Centrt. Nuvnbevs atterKhng are regyl•rly Health •nd Hope UK lor •lY•nmar We have oryanised events to raise ts"r this tharity whith seeks to tsfin9 hy. rellef from pOty and development oppytunltlesto njral cornmunw In Myanmar lfrmthy tTTra).
The Kiry's Church Rimfftod CEO
Trustee's Annu•l Rert Continue
For the year ended 31 Mar¢h 2024
PINANaAL IIEVIFW
Princlpal fundlng soure••
All of the d)anty income Is from vclunw don•tiMs
Znvesiment polly •nd •bJecti¥
All excess inciynt is held In UK kIng accounts and Is thevÈth gknjett to, and ty. the UK banking
regulagls.
Plnanthl pwltlon
There Is a SU5 of Incorne over exFendtture fvr the year rfÉ2.40112023 dendt £9.7881.
ReB•rv•• poll¢y
To rnaintslTr gJfficlent fiJrbd5 to erwre the ongc4ng wryk c•the thaty a•d the causes that ftt wlthln
The King' Chunth Ringwood Cfo Independ•rt Examiners Rewt to the Trustees I report to the chaty trustee5 on my examlnatlon of the financial statements of The Klng's thurth Rlngwoo¢J CIO for the year end 31 Maych 2024. whkh are set out on pages 5 - 9. RonbIlItIe¥ and basls oe report As the charSty's trusiee5, you are responslbk the preparauon of the acrounts in accord)n wlth the requlremènts of the Att 2011 fthe ACV). Havlng satisfied rnyself that the accounts of the Charity are not r4uireil to aJited under Part 16 of the 2006 Act and are ellgible for independent examillatfjon, I report In of my examination of your chaty,5 Kcounts as carried out under seLtion 145 of the Charitre5 Act 2011 fthe 2011 ACV). In (arrying out my examlnation I have followed the Dir&tlons given by the Chaty Commsslon uThJer seLknn 145151 {b) of the 2011 ACL Xnd•p•nd¢nt ¢xamlnr' 8tatem¢nt I have completed my ex8mination. I confim that no matters have come to my atton In connectiryb wlth the examlnatyon glving ffla cause bdiev•: accounting record5 were not kept In reSl of the Charlty as rwulred s&tlon 130 of the Aet. or the accounts do not accord wlth those rOrdS.. or th• accounts do rKJt comply w•ith the appltable requlrements COremn9 the form and Content of accounts set out In the Chadtyes (Accounts aTrJ Reports) RJUlat$ 2006 other than any wulrEment that the accounts give a rue Jnd fair viv. whfjch Is a matter consldered as part of an Indepèndent examinatyon. I havè no concerns and have comè across no other matters in connection with the examlnatlon to whlch attentlon should be drdwn in thls rert in order to enable a proper under5tandlng of the accounts to be reathed. P•ul Stsc4y FCA For and on behall of Hub Accountants Ltd Charted Accountènts IC Fddays Court 3-5 Hlgh Street Rlngwood Hampshire H24 IAB SIgn. Date..
The Klng's Chunth Aingwood Cto statement of Flnandal Activlties For the Year Ended 31 Marth 2024 T¢)tsl Fvnds Fund* Funds Funds 2014 2023 Incom• & endowmMts from: Donations and legaeies Chartsble athvltl IntMent income T•)tsl In¢omlng reC 61,953 1,371 643 61.953 1,371 643 51,419 65 149 Exp•ndlturn on: Chatale actlvltles 61,566 61,566 61.421 Trt41 ruourcu pended Net outgolng resourc•B 2.401 2,401 (9.7881 R•conclllatlon of fvnds Funds brought forward tst 2023 11 Totsl fund• rIed forr 22,525 69,093 78,881 Th• notes on p8ges 7 tr) 9 fom part of the Anandol Staternts P(5
The Klng'$ Church Rlngwood CIO al•n¢¢ Sheet As •t 31 Morch 2024 Total Funds 2023 fvnds Totsl Funds 2024 Flxed Assets Tangible fvAed assets 2.095 2.095 2,880 Totsl Flx•d A•ts Cash at Bank Debtor5 47,452 22,525 69.977 66,603 U•bllltle• Creditor5- amounts falling due wlthln 10 tsne year {2,0831 12.0831 12,672) Furtd of the Charlty Incom• Fund• Unrestricted funds Restrted fun(ts Totsi Charlty Fynd• li 48.969 48,969 46.568 The notes on pa9es 7 - 9 comprlse part of these accounts. Approved by th Board of Trustees on.. and slgwl on bv.. Reg Chapman Trustee Poge 6
The King's Church RInk00d CIO Notes to the Accounts For.th¢ Y¢ar Ended 31 March 1024 l GENERAL INFORMATION The charity is lirnited by guarantee, Incorporated in England, and conseouently has no share capltal. En the event of thè chatY beln9 wound up, the liability In respert of the guarantee limited to £1 per member of the Charity- Includlng any rnember of the CIO wlthSn 12 months before the mnCerent of the wirsdlng up. The Charity is reg15tsred In England and Wales Icharfty no. 11942611. 2 ACCOUNTING POLECIES Ball# ol preporatlon The Accounts have been prepared In accordan wlth Accounting and Reporting by Charitie5'. Statement of Recommended Practice 8ppll¢able to charitie5 preparing thelr accounts in accordan with the Fin8ndal Reporting Stsndard appllcèble In the UK and Republlc or Iland IFRS 1021 leffettive l January 20191- Ichorttes SORP IFRS 10211, the Flnanclal Reporting Stsndard applicable In the UK and Republic of Ireland {FR51021. The Charlty is Small and has taken advantage of the exemption provlded by Sethon 7 of FRS 102 and hJ5 not prepared a Cash Flow Statement. The presentatlon currency of the financial statements Is the Pound Sterflng. The chartty meets the definition of a publK benefit entity under FR$ 102. INCOMING RESOURCES Reeo•nltlon of Incomlnq re•ource• Incornlnq resources a included in the Statement of Financial Actlvlbes ISOFAI when: the charltr becomes entitled tts the resource5 and anv conditlons for recdpt are rnet; the trustees are vlrtuallv certain thev will recelve the resources.. and the monetary value can be meaSUd with 5uffiaent rtsibIlity. EXPENDITURE A14D UABILITIES Llabllitles •re recognised and eypended as soon as there is a legal and constructtve oblS9atlon commlitlTrg the Charlty to the expendlture. All expendlture is Included on an ac£ruals basls Jnd been cl4sslfied under headlngs that ggregate all costs related to that category. Governènce costs comprtse all costs Involvlng the publk accountsblllty of thè ¢harlty and Its com?Ilanc• wlth regulatlon and good practlee. These costs Includ• eost5 related to aLrountarbCy serykes. TANGIBLE FIXED ASSETS All assets costlng more than £250 are capltallsed. Tanglble assets are stated at cost I$ 118pre¢iatlon. O•pr•datfjon 15 prgvlded at ratw calculated to wrtt• off thg CQSt of flxed assets over thelr estlmated useful life.. FurnltUTe ond equlpment - 25% Reduclng bal•nce Ctymputsr equlpment - 3 Years stralght Ilne TAXATION The Chaty Ss exempt from tsx on Its charirable activiti•S. CASH AT 8ANK AND IN HAND Cash at bank and in h4nd includes cèsh In hand. deposits with banks and fvnds that are readily coThvert(ble Into cash at, or close to, thelr carrylng valves. bvt ère not held for Investment purposes. REDITORS AND ACCRUALS Creditors arè recognlsed where the Chaty has a present OblaOn resulting from a past event that wlll probably sult In a transfer of fund5 to a thlrd party and the amount due can be measured or estimated relfjably. FUNDS Unrestricted funds cornprfse those fvnds ¥Yhich the Trustees are free to use for any purpose In fvrthernnce of the charitabl• objects. Restricted funds can only be used for particular restrlcted purposes within the objerts of the charfty. Reththons ase when speclfied by the donor or when funds are rzised for particular resttktd purpDse5. Page 7
The Klng's Chur¢h Rlngwoo¢1 CIO Notes to the Accounts For the Year Ended 31 March 2024 2024 2023 3 Donatlons and legacles Donations received 4 Income from Ch•ttt•ble A¢tlvltl Event incorne 6S 5 Investment Income Savlngs Inreresr 643 149 6 Expendlture on Chartt•ble •¢tl¥ttl• Communlty kltchen Costs Advertlslng and publlclty Conferences and church events Vlsktlng speakers Depreciation of church equipment General expenses Includlng refreshments Gifts for members Chlldrèns werk costs Insunnce Rent of venue Small equlpment and rep8Irs Staff costs Govemance and support costs Sub5cripdons and lInCeS Overseas outreaeh an¢J mlsslons Glvlng.. Comm15slon Donatlon5 and g1ft5 Outreach and events 2,315 173 893 360 619 666 850 97 338 6.479 113 39,737 1,951 1.071 720 1,594 1,081 258 560 705 1,710 355 443 334 6,665 137 37,529 2,275 228 2,047 2,400 S,420 80 Govem•nc¢ and •upport co•ts Prlntlng and stationery Bank charges Depreclatlon computer equlprrnt IT software and support al antj prole$$lonal lees Independent examlnatlon 97 311 166 479 43 327 97 323 525 960 898 No 7 Average numbar of Employee• In ye•r There We no employees receiving benefits or v•hose annual r•munerntl¢)n was nw• than £60,000. 8 T•nglble Flxed Assets Church Comput•r Equlpment Equlpment Total Co#t Ag at L Aprfl 2023 Addlon$ In year As at 31 March 2024 3,183 499 3,682 499 Depreclatlon As at l Apdl 2023 Charge for year A5 at 31 March 2024 705 619 97 166 802 785 Net book value At 31 March 2024 236 At 31 March 2023 402 Page 8
The Klng'$ Chur¢h Rlngwood CIO Note$ to the A¢Unts For the Year Ende¢ 31 M?r¢h 2024 2024 2023 9 Debtors Gift aid debtor Prepayments 1,053 452 1,141 10 Credltors- Bmounts due vAthin one year Trade credltors Accruals Penslons pay8ble PAYE 658 800 835 1,040 177 620 625 11 Analys1• of fund•- Unvestrlrt¢d Balance at l Aprfl 2023 Net movement in funds Balance at 31 March 2024 46,568 56,356 Analysls of lundB- Restrlct Balance at l April 2023 Net movernent In funds Balance at 31 March 2024 22,525 22,525 Restrttted funds are hekd from a 98¢Y payment glven specifically for a future thurch bulld1r projert. Unr•Jtrlcted R•trlct•d Fund• Tot•1 Pund• Tot1 Fund• 12 An•ly•e• ol n¢t ••••t• 2024 2024 2024 2023 Fixed assets Current assets Current Ilabllltles 2.095 48.957 (2,083) 22.525 24,620 48.9S7 12,083) 25,405 46,360 -2,672 13 TruIt• r•myMr•tlon Durlng the year, no Trustet recelved any remuneratlon or relmbur5ement of èxpenses relats'ng to attendance at trustee rneétlnos. 14 Other Informatlon The Charlty had no commitments at ihe Year end. - The Charlty has not given any guarantees to thlrd partie5 that could bt talled on at the year end. The Charlty has not granted any loans to any Institutlon or compaThy connected to the Chartty. The Charity did not make any ex-gratla payments durin9 the Yr. Poge g
The King's Chur¢h Ringwood CIO Independent Examln•rs Report to the Tru$¢e¥ I report to the charity tNstees on my examlnatlon of the financ1 statements of The Klng's Church Ringwood CIO for the year ended 31 March 2024. whlch are set out on page$ 5 - 9. Responsibilities and basls of report As the tharity's trustee5, you are responslble for the preparatlon of the aUnts In accordance wlth the requirements of the Charitles Act 2011 1.the ACV). Having satsfled myself that the accounts of the Charity are not required to be audlted under Part 16 of the 2006 Art and are eligible for independent ex4rnination, I report In pect of my examinauon of your chaty,5 accounts as Caled out under settiofi 145 of the Charities Act 2011 fthp. ?011 ACVI. In carrying OLtt my •xaminatii>n I have followed the DlrecttoTrs glven by the Charity CoMmissn under secbon 14515) Ib) of the 2011 ALt. Independent ex•mlner's statement I have completed rny examInatsn. I confirm that no matters have corne to my attenlion in conr>ection with the examlnatlon glvin9 me cause to belleve= accounting records We not kept in resw of the Charity as required by settTh 130 of the ALt' or the accounts do ll(kt accord wlth those rords,. or the accounts do not cornply with the appli(Eble requlrements toncerning the fom arKI contsnt of aco>unts set out In the Chanties {Accounts and Reports) Reguktions 2008 other than any requlrement that the accounts give a 'true and fair vtew, which is not a rnatter (x)nsider& as part of an independent examtnatron. I have no o)ntrms and have come aeross no other matt*s in connectron with the examinaon to which atteTrtlon shoukl be drawn in thi5 re[ in order to enable a proper uThlerstanding of tIE accounts to be reached. Paul Stacey FCA For and on behalf of Hub Aecountsnts Ltd Chartered Accountants IC Fridays Court 3-5 High Street Rtngwood Hampshi BH24 LAB Signed= Date.. Ptsge 4