Charty No.. 1195535 THE SPURGEON OAKLANDS CHARITABLE TRUST Report and Flnanclal Statements Forthe year ended 31 December 2023
Tho Spurgeon Oaklands Charltable Trust Tw$ts85' Report for the year ended 31 Docembw 2023 ststus and ObJe¢tivo$ The Spwggon Oaklands Charitable Truslllhe Twsfi was constituted by a trust dèed dated 31 May 1994 al was registered tharty. nuThthr 1039625. Tr Charity B registered in England and Wales. At 1 January 2022 the Charty became a Charitabl8 IncorForal•J Organisalic+n {CIOI, number 1195535 when Ihe xlivities assets and liabilitss wefe taken t)ver. The CIO'S athfess eonts.nues to be.. 32 Queens Road. Reading. Bertshire RG14AU. Trustees The Trustees who served in the year ended 31 Dember 2023. with subsequent chang8$, arg a$ follows.. R D Higgs Rev J C Fung P J Nixon C G Cobbold (resign 29 August 2023) CBJO L C E8des Those advising the CIO'S Trustees are.. Independent Exanlner Heather Treeoe of BDO LLP. Bridgewater House, Counlerslip, Bristol, BS16BX Field SeymoLff Pathes LLP. 1 London st1, Readiro. Berkshire. RG14PN Sollcftors Structure. Govemanc8 and Management The Spurgeon Oaklands Charbtable Trust was rwlered as a CIO on 16 August 2021 and commenced operating from 1 January 2022 folowing the transfer of the activit and assels and liabilities of the regislered charty, number 10325 of the same name whh had been constituted by trust deed dated 31 May 1994. The Trustees continue to hold the orpJinal fund and Ihe inc41mè thérè from. for and upon the followirKJ objects under the CIO Foundation ConstitUtn.. To kyovide resithntial acenmrrwJdakn f(Y Christian Ordained Mini5t8TS and lay wrykers and their familEs by reason of their age. $kneSS. infimity. disabilty. poverty or and eeonomic tsreumstances with primary cOndeTa)n being gNen (b avayS withoth limitstion UFKJn the Trustees, abSole (liscretionl to those nomin8ted by the Retired Baptist Ministers H(yJsirKJ S(tty Liniled. To provide financial assistance and surport by way of grant or otherwise upon such lems as the Trustees shal in thr sole dBcretion consKler apprcpriate to stsch persons as or were occupants of Oaklands lor any other pmperty forming part of the Trust Fund). To hokl in Irusl, and mthe available. suvplus income each of the fdk)wing in the prowrtions set opposite their names (txrt always without limitatK>n on the Trusl8es' absolLrte discretion). Regent's Park Baptist College. Pusey Street. Oxford Spurgeon's Child Care, 30 Mill Street, Bedford Spurgeon's College, South LoThJon 10% 10% io%
The Spurgeon Oaklands Charitable Trust Truste05' Report for tho year ended 31 DKomber 2023 (Continu SINcture. Govomance and Management {continuedl Suth charilabk purpose or purFoses as shau be n(lated by the Preskjent for Ihe lTrm8 being of.. The Baptist Union of Great Brilain Southern cn(leS Baptist AsxKiatsc West Midland Baptist Associalv)n 20% No expenses were re1mlr5ed to the Truslees during this or preVic$ year. No remuneralion was paid lo Ihe Trustees during thi5 or previous ye¥. The CIO Foundab"on C(StItUtrI stiwlales that there shoukl a minimum of 5 Iruste8s. The recrurtment of trustees follows an agreement as lo the Weferd skllls refwired and then plans are mad8 to approach suitable contacts. Thw8 are no current plans to wease the number of trustees. Rlsk a$sessment The Trustees have examined t major risks to whb the CIO is exposed, in particul those related to the operalions and ffinan of the CIO. The CIO thes not enter into Complex financing arrangemenls or provide any guaranteas in or<ler to ensure that these wtential risk areas are avoided. Thwe is no incentive on the TNstees to present a bkd financial pture. There is a risk that an increase in bad debts and property VOKIS in the current finanaal situation eouhy impact the CIO. The Trustees Mon1 voJs and rent payments to ensure that earty warnings ar8 provided to enab appropriate actions to be taken. As part of their wng concern review the Twslees have stress lested this pokn11 arKI we confident that they have sufficienl resources available. There is a risk that uiereased regulatK$ may requwe increased sLdardS for housing accommodation. The Trustees have a policy of reviewing the condits'on of each flat on changes of tenant to undertake any pade work thal ap[a lo be neSsary. Thi5 shoukl reduce thbs risk. Going Concem The Trustees have considered whethw the cost of living crisis affects the going concem. The Trustees believe that whilst there is nrtaInty relatiThJ tr) the potential effecls the cost of INI Cri5i5. this does not pose a material uncertainty on the CIO'5 8bilily lo continue a5 a going ccfficern. In September 2024 the CIO had approxynaldy £315,5 of cash available, approximately £195,000 of wh** was available for pneral use. The remainder has been designated by the trustees for the purposes as ouwined in note 11. The Trustees have prepared a stress lest and this confirms that should no further income be receNed. the CIO ts able to meet its li8bililw as they fall due for at kasl another 12 rnonths fr( Ihe date of approval of the financial stalements.
The Spurgeon Oaklands Charltal)le Trust Truste•s' R•port for the y•ar •nd•d 31 December 2023(continu) Objectlves and Acti¥ill•s for the publk benefft )wever posstle the CIO atteThpts lo let the flats lo those who qualrfy within the charitable oll'eclives ol the CIO. Following a review of Ihe crcumstsnces of the itKlividual tenants, modest increase5 in rents were made. The tenant5 meet Ihe charitab18 04"eclNe$ of the CIO onlinue to receive Ihe benefit of rents thal are well belrN mattet rates. The management contribution lo the Oaklands {Rèadingi Managemenl Assooalh)n Limited (Management Associalionl was £11.835 to cover routme mainlenar•ce, insurance elc. The CIO has arrangements with the Management Association whereby the PAanaJement Association holds the Head Lease for all flats and all the garages and the Mana9emenl AssocialiC the Underlease Seven flats are let lo the CIO under the terms of the Underlease. Service chaiges and outside mainlenan¢e a payable to the ManagTren1 ASscWtn. who arrge insurance cover. Achl•v•m•nts and Perfornianc• During the year all of the seven Ibts were let Al bul (wle are let on charitable tem. Surplus income can be distributgd lo the specrfK chan.ttes as set out in the CIO FoundalKJn ConslitulKJn 8t the discretion of the Trustees. At a meeting in 2023 the Trustees res0ed lo make no di$lribulions from 2023 dve lo the substsntwl eXpendite made on refurbishing the empty flats. Flnanclal Revlew and reserves pollcy Tax Status: The CIO is exempt from tsxalton on income and caixtal gains lo the extent that lunds are applied for Charitab purposes. The CIO obtains ils inccme win¢ipalty from rents and frcffl the premiums on lease extensions. Reserves: At 31 December 2023 the Trustees have designated reserves of £1.616,774 12022." £1,622,976} for the holdin9 of prL¥Jerts to be Cupd ty tenants who are retired full lirr Christian workers let at such rents as their means make wactical, or where no charitable tenant can be found the properties are let at full mart(et rent aKI garages to the Oaklands (Reading} Management Association Ltd are at an agreed market rent. The designated funds cornpiise the value of the original charitablo settlerrn1. the amount realised from th8 premiums on lease extensions. and the Sufplus upon revaluatn and provisK)n for replacement of assets. No fuTrJs are in deficit The general reserves, exclLKling desKJnaied reserves. amountmg to £170.010 (2022.. £143,586) are maintain8d at a level to enable the Trustees lo upw&Je flats 85 they become vawt so that all are mantsined in a good state of repaw. The Trustees reviewed the vaualKJn of the investment prDpertie5 fo51owing the valuation made in 2022 by Haslams. a fKm of Chartered Surveyors. The basis of valuation i8 Iheif existing use open market value. The Trustees cons*Jer that the vahjalion clIft to be apwopriate. In conshléring the diStributn of fvnds accordance wilh the d)aritable ot4.ects of the CIO, the trustees dec•Jed rK>t lo distribute any lund5 in 2023. Related party transactions Atl day to day management is undertaken by the Trustee5 using the Servi of an external charty administrator. No staff are &nployed.
The Spurgeon Oaklands Charltable Trust Trustoes. Report for th• year endod 31 Decomb•r 2023 {c1ned) Plans lor Fulure Perlods 11 is hoped to recornmen a pattern of annLFal distrbutions to the varK>us charilies specrfied in the CIO Fovndalion Conststution in the future. No funds are hekl as cust(yJian trustee on beha of others. Trustses. responsiblliti¢$ The Trustees are resp)nsible preparing the Trustees. Report arml Ihe fin¢la1 $tatement$ in accordanc8 with applicable law United n9dc Accounling Standards (United Kingth)m Generally Accepted knounling PractKe). Charity law applicable io charilies in England and W5 requires Trustees to prepare rinancial statements for each financial year whh gNe a Irue and fair vie of ihe state of affas of the CIO and of the income and exFenditure. of the CIO for that p8rw)d. In preparin9 these financial statements the Trustees are required to.. select suitable accwnb'ng polri8s and then appty them Q51$1entty. observe the methods and principles in the CharItS SORP IFRS 102): make judgwnents and accounting estimates that are reasonable and prudent.. stste whether applicable UK acwunb.ng standard5 have ten loPed. subject lo any material departures that must be di10$ed aThJ expkined in Ihe financk41 statements- and prepare the financial stslemenls on the going concem b3515 unless 11 is inappropriate to presLvne Ihat the CIO wll ¢(lInUe in Tat)n. The Trustees are responsible for keepirvJ proper xcounting rerdS that di5¢1ose wtth reasijnable accuracy at any lime the finanaal FKJSrtion of the CIO and enable them lo ensure that Ihe financial ststements ccKnply with the Charities Act 2011. the apph"cable Charities (Accounts and Reports) Regulations, and the provisions of the FourKlath)n Constrtution document. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the preverblion and delect*)n of fraud and other Kregularities. Sign8d on behaff of Ihe Trusle8S R D Higgs Trustee Dale.. 11 Iipl 2014
The Spurgeon Oaklands Charltsble Trust Independent Examlnerfs Report to the Trustees The Spurgeon Oaklands Charltablo Trust I report to the trustees on my examinah'on of the ¥counts of the The Spurwn Oaklands Charitable Trust fc the year ended 31Derlel 2023. whth are set out C pages 1 to 13. This report is made SLgety to the charity's trustees. as a t. n xuxdance with Regulation 31 of the Charities {Accounts and Repytsl Regulab.S 2008. My WO has been undertaken so that I might stale to the charity's trustees those rnattets l am requrtl to slate lo them in an independent examinerfs report and for no other purwse. To Ihe fufesl extent permitted by law, I do not accept QT assume reskK>nsibility lo anyone other the ¢hariVs trustees as a tody. for my work. for this report, or for the statement I have made. Rgsponslbilities and basis for rep As Ihe charity trllees cl the CIO you are respon$t4e for the preparation of the aeeounl$ in aCCordae with the requirements oflhe Charitss Ad 2011 fthe Acll. I report in resFCt of my examinati( of the CIO'S accounts carried out under sectK)n 145 of the Act and in carrying out my exanination I have folk)w&J all the aF1b Dwections giv by the Charty Commissi(m under section 145(51{bl of the Act. Indgp•ndent ex•nln8r's SL•mOnt I have completed my examination. I confirm that no material matters have come lo my attentK)n in connection with the examination giving me cause to believe.. 1. accwnting Tecords were not kepl in respect of the CIO as require(I by sedion 130 of the Act.. or 2. the accounts do not accord wilh those reCd5. or 3. the a¢Unts do not MplY wrth the accounting requirewenls of Seclion 396 of the 2¢X)6 Act other than any requirement that the accounts give a 'true and fair view which is not a malter considered as part of an KKiependenl eXInatIon.. or 4. the accounts have not beeTr prepared in accordance with the methods and principles of the Statement of Recommended Practsce for accounting and repth.ng by charities (applicable lo charities preparing their accounts in aCCordare with the Financk?I Reporting Standard aFpIKable in UK Republic of Ireland (FRS 1021). I have concern5 and have come rosS ottw matters in connectn with the examination lo whith attention should be drawn in thi8 rep)rt in ordef lo enable a prLwer understsnding of the accounts to be reached. Do¢Us*r by.. Heather Wheelhouse ACA BDO LLP Bristol, UK Dale. 14 October 2024
The Spuryeon Oaklands Char6tsble Trust Slatem•nt of Flnanclal Actlvltles for the year ended 31 December 2023 General fund Deslgnated fundtr 2023 Total funds 2022 Total funds Settlement Replxement Revahjalion fvnd fund fund Income from: Investment inc¢)me Olh8r rental income Bank interest- gross 32.799 578 32,799 30,944 578 33 33.377 33.377 30,977 Charitable xtivities Rent from charitsble lets 26.628 26.628 30.401 26.628 26.628 30.401 Total Income 60.005 60.005 61.378 Expenditure on: Charltable actlvltles Grants (note 3) Service charges Ground rent Repairs and refurbishment DepcIall0 IndeFend8nl 8xamin8r's lee Secretarial a55iStance Professional and other expensès 11.835 140 1.967 1.631 3.300 14.708 11.835 10,328 140 140 1.967 3,245 7.833 7,833 3.300 3,300 14.708 13.653 2,400 6.202 Total gxponditure 33,581 6.202 39.783 40.899 Gains on investment properties 50.000 Net lnc0mellexpendlr9} 26.424 (6,202) 20.222 70.479 Net mov8m•nt in funds Fund balances at start of the year 26,424 143.586 16.202) 20,222 70,479 3.515 1.209.791 1,766,562 1,696,083 409.670 Fund balancos at end of the yèar 170.010 409.670 3.S1S 1.203,589 1,786.784 1.766,562 Nong of the CIO'S activths wer8 acwired or diSc(tinUed during the above two financial years. The notes on pages 8 to 12 I part of ts f*)ancial sts1)entS.
The Spurgeon Oaklands Charltable Trust Balance Sheet at 310ec?mber 2023 2023 2022 Notes Fixed assets Tangible assets Investrnent property 1.104.504 400,Th)0 1.112.337 400,(K)O 1,504,504 1,512,337 Current assets Cash at bank 2.036 262.109 22.109 Credltors- amounts falllng due wtthln one ye 7.756 7.884 Not current assgts 282,280 254.225 Totsl net assets 1.786.784 1.766.562 Unrestricted funds General fund 170.010 143.586 Dosignalgd funds 1,616.774 1,622.976 Total funds 1.786,784 1.766,2 These IancIal 51alements were approved by the Trustee5 and authori5ed for issue c X..... and ggned on their tehalf by.. P J Nixon Trusteè The note$ on page$ 8 10 13 frym part of the financial slatements.
The Spurgeon Oaklands Charitable Trust Not•s to th• financial stat•m•Thts for th• yw to 31 0Mb 2023 Accountin9 policies The following accounting p)licies have been adopted in dean0 vnlh the items. which are considgr8d malefial to the Trust's financial statements. Basis of proparion The financial statemerts have been prep3red urKler the historical cost convention th iiems recognised at cost of transxth)n value unless otherwise ststed in th& relev1 notes to these acctsjnts. The financial stalements have been ¥epad in aCcOrdar wilh the Statewnt of Recommended Practice.. Accounting and ReWing by Charsties kyeparing their accounls in accordance with the Financial Repthvj Standard applica)le m the UK and Republic of Ireland IFRS 1021 issued on 1 January 2019 and with the Financial Reporting Standard ap[lable in the UK and Republ cl Ireland <FRS 102} and with the Charitiès Act2011. The ffinanaal ststemerts have been prepared lo gpft a Ye and faif view and have departed from the Charibes (Accounts and Reports) Regulath)ns 2W8 onty lo the extent quired lo provKle a and fa viv. This departwe has invofved folk)wing the Charitres SORP IFRS 1021 published 1 Jary 2019 ralher than the Accounting and Reporting by Charities." Statement of ROrnMen(d Prthe effective from 1 Apnl 2005 which has since been withdrawn. The charity constiiutes a Publ b8nefit entity as d8fined by FRS102. The aeeounts are prepared in £ sttrling and rounded to the nearest £1. The Iwst was ¢wverted into a Charrtable InCOrated OpJani5alion ICIOI on 1 January 2022. with the transfer fA operatirms. assets and liatmlilies frcmn the old leg81 enlty. The aclivilies of the new CIO remained unchanged. The accounts have been prepared on the goiig ¢ccern basis. The Trustees believe that whilst there is uncertainty relating to the potential effects of the cost crf Irving crists, this (knes not pc6e a material urKertainty on the new CIUS ablty to continue as a going concern. In September 2024 the CIO had apk¥oximatety £315.500 of cash availabte, aFvroximatety £195,c ol whh was available for 98n8ral use. Th8 remaind8r can used for designated purposes as out111 in note 1f. The Trustees have prepared stress test and this cfiM)S that shouhj no fvrther ire be receNed. the CIO is aNe to meet its liabilities as they fall due f at 8nollw 12 months from the dète of aFfJroval of the financial stalements.
The Spuryeon Oaklands Charltable Trust Notes to the financlal ststements for the year to 31 December 20231cont1nu) b) Flxed assets and depreclatlon Depre¢iats'on is provided by the Trust to rte ¢)ff ¢ost cff ValUatn less the eslirnated residual value of tan9ible fixed assets over they estimated useful lives as follchvs.. Furnishnigs Flats retained by the CIO 20% pa straight I'ne 1% pa straight line The flats relained by the CIO for charitable use are sh¢ywn al deemed cost equal to their previous valuation using the transitional exemptKns awlatrAe under Seclion 35 of FRS 102. Depreciation vs not charg8d on th8 freehold Land element of th8 de8m8d cost. Investment proptty Investment propety is carried at fair vdue detemined annualty by etiher a EfesSional valuer or the trustees. and derived frcvn the current market data. aclusted if neSary for any difference in the nature. k)calN)n or Condon of the SFecrfic asset No depreciation is provided. Any gains or losses arrsing from change5 in the fair value will be re¢(nised in the Slatement of FNncial Activit fof the peiiod in wtmch they arise. d} Incom• and •xp•nditure Income from lelling the flats and garages ts induded in the statement of financial oc1N.eS in the peri¢)d to which il relates. AJI expendilure is accounted for on an accruals basis arKI has been cla"r under heading5 that gregate all costs related to the alegory. Flnanclal Instrum•nts The CIO cnly enters intt) basic finaThial instruments transactions that resuli in Ihe recOgn[trt of fi.nancial assets and liabAths Il¢e and other debtors and credrtors. k)ans from banks and other thi(d parti&s_ Designated funds The destqnated thJnd5 are as folkJw5: Replacomgni fund This deswnated fund represents funds put aswye to be used for the eventual replacement of capital assets_ Capltal settlèment fund This designated fund represents the capital assels settW on the original Trust and amounts capitalisgj sirKe that dale les$ deWlatn ch¥ged to date, together wilh Ihe net amount realised in previous years and by premiums for the extension of J8asehoid leresls in those flats not held fcr Charitab purpose5. Major fiat refvrbishments are ¢ged to this fund frcrfn 2020 onwards. R•valuation fund This designated fund represents Ihe hislortsl k[ti.n9 of the cost value of the propertie$ of both functional and investrnenl assets. 91 Grants Awarded Grants are awar(Fed at the discret)n of the Truste8s and are distribLrted in accordance with the CIO FourKlalion Con5titutM)n.
The Spurgeon Oaklands Charitable Trust Notes to the flnanclal fAatements forthe year to 31 DKember 2023 {contlnued) Judgements in applying accounting polic and sources of estwnatiM uncfjrtainty In the appkation of the CIO'S accounling pol$. the trusiees are required to make judgements. estimates and assumpti¢)ns abcwt the cwying amounls of assets and liabilities that are t readily apparent olher sources. The estimates and assc¢ialed assuMpt)nS based on historical experien and other factors that are considered to be relevanL Actrjal results may differ from these estimates. The eslimates and underlying assumpti($ are reviewed on an ongoing basis. Revisions to accounting estimates are regnised in the perKJ in which the estimate is revised if the revision affects onty that perh)d. or in Ihe perityj of the revision and fijture periods rf Ihe Tevision Off1$ both cuent and fvtwe perh)d5. The trustees b81i8v8 that the siwifant areas of judgement are the valuation of the freehold inve5trnenl property and the estimate of Ihe useful economic life of the other freehold property. The investment properties have been valued by Haslams. Charieréd survey5, during the previous year usTr3 open market based evwjence. The trustees beliove this is still an apprcyiale valualion at Ihiq year end. On the date of approval of the financial stalements, Ihwe ar8 no indications to impty that material chang8s to fvndanental assumptio and estimes are reSSary. Grants Awarded No grants were either 2023 or 2022. Fixed assèts- tangible assets and Investments Tang)le assets Investn*nl pwty Cost or valuation At 1 January 2023 Revaluation addil¥)n At 31 December 2023 1,178.516 1.178,516 400 000 Depreciation Al 1 January 2023 Charge for the year At 31 December 2023 66,179 7.833 74.012 Net book value As at 31 December 2023 As at 31 D9cember 2022 1,112.337 4(K>.O -10-
The Spurgeon Oaklands Charltable Tru51 Notes to the financlal slatements f•x the year lo 31 tlecember 2023 (conllnued) Flxed assets - langible assets and investments Icontinuedl Tanglble assots The flats relwned by the CIO We for the Pufposes of the charity. TY are shown al d8&med cost equal lo their PreVuS vahJaIn using th& transitional 8xomptKsns availab under Section 35 of FRS 102. Depreciation ¢s not charged on the freehold land element of the deemed cost. In ath31n fwnishings within the flats are indu(d al cosl and are depreciated. Investmènts The freehold interest in fiats not relained for charitable use and the garages are heky as investment properties shown at faw valu8. The Trusle&s have revi8wed the valuation of the investment propertÈs at the year end. The basis of valuation 15 their exisling use on rnaet value. The Trustees are eonfdent that thèir valuation rdlects turrent valu6 of the properties. Creditors 2023 2022 Rents in advance Accruals Trade credito 305 6,426 1,153 5.800 1.956 7.756 7.884 -11-
The Spurgeon Oaklands Charftsble Trust Notss to the financlal statemènts for the year to 31 De¢ener 2023 lcontlnuedl Dèslgnated funds Fr8elk)h Leasehohj interest in flats Total Replacement flals and garw revaatIOn fund r8¥aluation revaluatNJn fund Capitsl settlemet)t fund Total Bal8nce at 1 January 2023 880.752 329.039 1.209.791 3.51 S 409.670 1,622.976 Expenditure (6.2021 (6.202) {6.2021 Balance at 31 December 2023 874.550 329.039 1.203.589 3.515 409.670 1,616,774 Freeknhj Leasehold interest in fiats Total Replacemenl flats and garages revatuation fund revaluation revaluatn fund Capital ¥ellkment fund Total Balance at 1 January 2022 8.954 279.039 1.165,993 3.515 409.670 1.579,178 Gains on Inveslmenl 50.000 50.000 50.000 Expenthlure {6.2021 (6.202) 16,2021 Balance at 31 Decemb¥ 2022 880,752 329.039 1,209,791 3,515 409,670 1,622.976 The reasons the designated fuThJs as detai in note 1f. Contlngent liability There is potentialty a future exFense re&trrfJ to tree surgeon fees io as$e$$ 70 trees situated nearby the garages let out lo The ManaJ¢ ement Association. However the Management AssocialK)n may be Ikible for the costs. Given the uncertainty a provision has not been included in these fmancial statements. The assessmenl fees involved would be unlikety to exceed £5.000. Rektgd parties Mr RD Higg5, a trustee. 15 an ernpkny of the Chwty's solKitors (Field Seymour Parkes LLPI. He is not invdved directty in any of the w(Ak the sdicitors perform for the CIO. This work is all on normal lerms of b1fte$S. There were no other relaled party transactions ring ye¥ and no trustees were paid or iecewed any expenses. Staff numbèrs No persons were employed by tre Chanty in tr current or pry year. -12-
Tha Spurgeon Oaklands Charitable Trust Notos lo the flnanclal statements for the yearto 31 DecembEr 2023 (contlnued) 10. Analysls of net assets between funds Capital setUem8nl fund General Revdualion Replxement fund fund fund Total Fixed assets 1.203.589 30D,915 1.504,504 Bank 177,766 3.515 108,755 290.036 Cr&Yitors (7.756) (7,7561 Balance al 31 Dmber 2023 170.010 1.203.589 3.515 409,670 1,786,784 Capital seldemenl fund General Reva*JaliDn Replacement fund fund fvnd Tot81 Fixed assets 1.209,791 302.546 1.512,337 Bank 151.470 3.515 107.124 262,109 Creditors (7.8841 (7,8841 Balance at 31 December 2022 143.586 1.209,791 3.515 409.670 1,766.562