2025-11-30-accounts

COMPANY REGISTRATION NUMBER: 13030492 CHARITY REGISTRATION NUMBER: 1196036

NEW CREATION REALITIES CHURCH Company Limited by Guarantee Unaudited Financial Statements 30 November 2025

JAVY AND CO LTD

Chartered Certified Accountants 127 Sewell Road London SE2 9DH

NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Financial Statements

Year ended 30 November 2025

	Page
Trustees' annual report (incorporating the director's report)	1
Independent examiner's report to the trustees	5
Statement of financial activities (including income and
expenditure account)	6
Statement of financial position	7
Statement of cash flows	8
Notes to the financial statements	9
The following pages do not form part of the financial statements
Detailed statement of financial activities	16
Notes to the detailed statement of financial activities	17

NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 30 November 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 November 2025.

Reference and administrative details

Registered charity name NEW CREATION REALITIES CHURCH Charity registration number 1196036 Company registration number 13030492 Principal office and registered 149 Bourton Way office Wellingborough Northamptonshire NN8 2NU United Kingdom The trustees Rev Obed Asamoah Patricia Kwarm Andy Asamoah Irene Bervell Independent examiner Mr Johnson Akpebu - FCCA,MBA(Finance) 127 Sewell Road London SE2 9DH

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 30 November 2025

Structure, governance and management

The organisation is a charitable company limited by guarantee, incorporated on 19 November 2020. The charity is governed by Articles and Memorandum of Association which establish the objects and powers of the charitable company. The Charity was registered with the Charity Commission on 04 October 2021 with registration number 1196036. The trustees who are also the directors for company law, and who served during the year were:

Rev Obed Asamoah Patricia Kwarm Andy Asamoah Irene Bervell

The Church operates under the leadership, directorship, and supervision of a technically elected Board of Trustees. The Board of Trustees is made up of the chairpersons of the church's administrative board committees who are elected to serve a two-year term of office.

Trustees Induction and Training

Elections are conducted in May of the year, and the elected trustees are inducted into office in June, thereby allowing for a two-month transition period. Additional training is organised throughout the year as and when the need arises to keep them up to date with new developments as a way of ensuring that they are aware of their responsibilities and roles as trustees. Most trustees are familiar with the workings of the church and charity, being drawn from long-standing church members and Christians from other denominations that have a skill-set to offer and an empathy with our core values. An information pack has been prepared from the Charity Commission signpost through the Commission's guide "The Essential Trustee"; this is given to all new Trustees couple with training seminars. New trustees are invited and encouraged to attend a series of short training sessions led by the Chair of the trustees, who is the resident Pastor. These cover: The Obligation of trustees, The main documents of the charity - - Memorandum and Articles of Association, The Charity's Financial Statements and the plans and objectives. The board of trustees is made up of 5 members who administer the charity. The board is drawn from the chairpersons of the various administrative committees such as finance, welfare, and youth development. Whereas the committee members meet regularly during the year, the board of trustees meet every quarter in a year to review and make decisions regarding the running of the church.

Statement of Trustee responsibilities

The Trustees are responsible for preparing the Trustee Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustees to prepare accounts 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 year. In preparing these accounts, the Trustee are required to: -select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP(FRS 102); - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and - prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 30 November 2025

Prevention and detection of fraud and other irregularities. The Charity was incorporated as a Company Limited by Guarantee on 19 November 2020 and registered at the Charity Commission on 04 October 2021. The Charity is governed by Articles and Memorandum of Association. Appointment of Trustees was initially by recommendation of the Elders of the Church and then approved by the Church members.

Activities organised in furtherance of the objects include regular church services

Objectives and activities

The Charity's Public Benefit

The main aims and objectives of the charity are:

The advancement of the Christian religion faith for the benefit of the public, in particular but not exclusively by providing a place of worship and broadcasting Christian faith messages of an evangelistic and teaching nature.

The advancement of Education for the public benefit in particular but not exclusively by providing radio broadcasts, distribution of Christian literature leaflets, providing seminars and retreats periodically in a courteous and respectful way.

The prevention or relief of poverty by providing donations or items to individuals in need and/or charities, or other organisations working to prevent or relieve poverty; the furtherance of such other purposes as are exclusively charitable according to the laws of England and Wales as the trustees from time to time determine.

Encouraging relationships with and supporting local churches and other Christians.

Supporting and encouraging charitable social action in the United Kingdom and abroad.

Giving and encouraging pastoral and welfare care to individuals and groups.

Commission in deciding what activities the charity should undertake.

Strategic report

The strategy employed to achieve the objectives of the charity has continued to be regular church services, Christian conventions, crusades and ministering the word of God.

Achievements and performance

On the whole, the financial year ended 30 November 2025. There was much improvement in Church programs and activities as compared to previous years.

The church continued operating through different media such as online services to keep up the faith and hope of church members.

The church continued to provide food items and other items to the aged and vulnerable in the community.

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 30 November 2025

Financial review

The total incoming resources for the year decreased by 19.82% to £25,836(£21,562 in 2024). The total resources expended for the year increased by 3.61% to £15,737(£15,189 in 2024). The overall effect resulted in an increase in surplus of 58.47% for the year to £10,099 (£6,373 in 2024). The trustees are profoundly grateful to the faithful members and visitors for their continued support of the charity.

Reserve Policy

The trustees recognise the need to maintain reserves. Unrestricted funds are needed to cover the day-to-day administration and support costs of the charity. It is a policy to hold reserves of approximately three months' expenditure in addition to any designated funds. Even though no formal policy is in place, they have always kept reserves at a level that exceeds the current period's running and administration expenses. Reserve funds are always maintained at levels that mitigate unexpected incidents, including sudden increases in expenses, unexpected loss of income, uninsured losses or one-time nonrecurring expenses that build long-term capacity.

Risk Management

The major risks to which the charity is exposed have been identified as safeguarding the assets of the charity and ensuring funds are applied for charitable purposes. Systems and strategies have been put in place to mitigate these risks. Income and expenditure are monitored through the setting of budgets which are compared with actual figures. Regular quarterly financial reports are given to members in the congregations.

Plans for future periods

The church continues to put in place ways to make it function efficiently and purchase its own building while fulfilling its mission. Hence, we will endeavour to consolidate and improve our structures and operations. This period, we review our statement of objectives document to suit our aspirations.

To reach out and to disciple the unsaved for Christ. To equip Believers to be rooted and grounded in the Word. To develop a strong missionary church, increase church attendance, develop an enthusiastic multicolour church, develop a vibrant and godly Youth Ministry, practically engage with our local community more, acquire our own place of worship, be more prudent in our spending, have a scheme which supports the youth in the community to have a sense of purpose and to acquire our own place of worship

The trustees' annual report and the strategic report were approved on 4 August 2026 and signed on behalf of the board of trustees by:

Rev Obed Asamoah Trustee

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of NEW CREATION REALITIES CHURCH

Year ended 30 November 2025

I report to the trustees on my examination of the financial statements of NEW CREATION REALITIES CHURCH ('the charity') for the year ended 30 November 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 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:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Mr Johnson Akpebu - FCCA, MBA(Finance) Independent Examiner

127 Sewell Road London SE2 9DH

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 30 November 2025

		2025		2024
		Unrestricted
		fundsTotal funds		Total funds
	Note	£	£	£
Income and endowments
Donations and legacies	5	25,836	25,836	21,562
		────────	────────	────────
Total income		25,836	25,836	21,562
		════════	════════	════════
Expenditure
Expenditure on charitable activities	6,7	15,737	15,737	15,189
		────────	────────	────────
Total expenditure		15,737	15,737	15,189
		════════	════════	════════
		────────	────────	────────
Net income and net movement in funds		10,099	10,099	6,373
		════════	════════	════════
Reconciliation of funds
Total funds brought forward		26,315	26,315	19,942
		────────	────────	────────
Total funds carried forward		36,414	36,414	26,315
		════════	════════	════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 9 to 14 form part of these financial statements.

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Statement of Financial Position

30 November 2025

		2025	2024
	Note	£	£
Fixed assets
Tangible fixed assets	12	5,195	6,927
Current assets
Cash at bank and in hand		52,269	40,289
Creditors: amounts falling due within one year	13	21,050	20,901
		────────	────────
Net current assets		31,219	19,388
		────────	────────
Total assets less current liabilities		36,414	26,315
		────────	────────
Net assets		36,414	26,315
		════════	════════
Funds of the charity
Unrestricted funds		36,414	26,315
		────────	────────
Total charity funds	14	36,414 ════════	26,315 ════════

For the year ending 30 November 2025, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 4 August 2026, and are signed on behalf of the board by:

Rev Obed Asamoah Trustee

The notes on pages 9 to 14 form part of these financial statements.

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Statement of Cash Flows

Year ended 30 November 2025

	2025	2024
	£	£
Cash flows from operating activities
Net income	10,099	6,373
Adjustments for:
Depreciation of tangible fixed assets	1,732	2,310
Accrued expenses	150	50
Changes in:
Trade and other creditors	(1)	–
	────────	───────
Cash generated from operations	11,980	8,733
	────────	───────
Net cash from operating activities	11,980	8,733
	════════	═══════
Net increase in cash and cash equivalents	11,980	8,733
Cash and cash equivalents at beginning of year	40,289	31,556
	────────	────────
Cash and cash equivalents at end of year	52,269	40,289
	════════	════════

The notes on pages 9 to 14 form part of these financial statements.

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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 (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for a particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 November 2025

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable, and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 November 2025

3. Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. 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 revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% reducing balance
Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

4. Limited by guarantee

The company is a charity limited by Guarantee.

5. Donations and legacies

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Donations
Tithes and Offerings	20,175	20,175	16,994	16,994
Seed and Vows	1,190	1,190	490	490

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 November 2025

5. Donations and legacies (continued)

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Gifts
HMRC Gift Aid	4,471	4,471	4,078	4,078
	────────	────────	────────	────────
	25,836	25,836	21,562	21,562
	════════	════════	════════	════════

6. Expenditure on charitable activities by fund type

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Charitable expenses	9,228	9,228	9,811	9,811
Welfare	3,927	3,927	2,219	2,219
Support costs	2,582	2,582	3,159	3,159
	────────	────────	────────	────────
	15,737	15,737	15,189	15,189
	════════	════════	════════	════════

7. Expenditure on charitable activities by activity type

		Activities
	undertaken			Total funds	Total fund
		directly Support costs		2025	2024
		£	£	£	£
	Charitable expenses	9,228	–	9,228	9,811
	Welfare	3,927	–	3,927	2,219
	Governance costs	–	2,582	2,582	3,159
		────────	───────	────────	────────
		13,155	2,582	15,737	15,189
		════════	═══════	════════	════════
8.	Net income
	Net income is stated after charging/(crediting):
				2025	2024
				£	£
	Depreciation of tangible fixed assets			1,732	2,310
				═══════	═══════
9.	Independent examination fees
				2025	2024
				£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial statements			850	850
				════	════
10.	Staff costs

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 November 2025

10. Staff costs (continued)

The average head count of employees during the year was 4 (2024: 4). The average number of full-time equivalent employees during the year is analysed as follows:

2025 2024 No. No. Number of staff 4 4 ════ ════

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

11. Trustee remuneration and expenses

No Trustee was paid during the period

12. Tangible fixed assets

	Fixtures and
	fittings	Equipment	Total
	£	£	£
Cost
At 1 December 2024 and 30 November 2025	808	20,773	21,581
	════	════════	════════
Depreciation
At 1 December 2024	552	14,102	14,654
Charge for the year	64	1,668	1,732
	────	────────	────────
At 30 November 2025	616	15,770	16,386
	════	════════	════════
Carrying amount
At 30 November 2025	192	5,003	5,195
	════	════════	════════
At 30 November 2024	256	6,671	6,927
	════	════════	════════
Creditors: amounts falling due within one year
		2025	2024
		£	£
Accruals and deferred income		1,050	900
Members loan		20,000	20,001
		────────	────────
		21,050	20,901
		════════	════════

13. Creditors: amounts falling due within one year

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 November 2025

14. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	At			At
1	December 2		30 November
	024	Income	Expenditure	2025
	£	£	£	£
General funds	26,315	25,836	(15,737)	36,414
	════════	════════	════════	════════
	At			At
1	December 2		30 November
	023	Income	Expenditure	2024
	£	£	£	£
General funds	19,942	21,562	(15,189)	26,315
	════════	════════	════════	════════
Analysis of net assets between funds
			Unrestricted	Total Funds
			Funds	2025
			£	£
Tangible fixed assets			5,195	5,195
Current assets			52,269	52,269
Creditors less than 1 year			(21,050)	(21,050)
			────────	────────
Net assets			36,414	36,414
			════════	════════
			Unrestricted	Total Funds
			Funds	2024
			£	£
Tangible fixed assets			6,927	6,927
Current assets			40,289	40,289
Creditors less than 1 year			(20,901)	(20,901)
			────────	────────
Net assets			26,315	26,315
			════════	════════
Analysis of changes in net debt
				At
		At 1 Dec 2024	Cash flows	30 Nov 2025
		£	£	£
Cash at bank and in hand		40,289	11,980	52,269
		════════	════════	════════

15. Analysis of net assets between funds

16. Analysis of changes in net debt

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Management Information

Year ended 30 November 2025

The following pages do not form part of the financial statements.

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 30 November 2025

	2025	2024
	£	£
Income and endowments
Donations and legacies
Tithes and Offerings	20,175	16,994
Seed and Vows	1,190	490
HMRC Gift Aid	4,471	4,078
	────────	────────
	25,836	21,562
	────────	────────
	────────	────────
Total income	25,836	21,562
	════════	════════
Expenditure
Expenditure on charitable activities
Rent	6,035	2,618
Repairs and maintenance	50	145
Other motor/travel costs	265	2,430
Legal and professional fees	1,010	950
Telephone	16	168
Depreciation	1,732	2,309
Musicians, media, and welfare	2,389	2,379
Post, Postage and Stationery	303	427
Evangelism	1,871	1,450
Catering and hospitality	2,066	2,313
	────────	────────
	15,737	15,189
	────────	────────
	────────	────────
Total expenditure	15,737	15,189
	════════	════════
	────────	────────
Net income	10,099	6,373
	════════	════════

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NEW CREATION REALITIES CHURCH

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 30 November 2025

	2025	2024
	£	£
Expenditure on charitable activities
Charitable expenses
Activities undertaken directly
Direct charitable activity - rent	6,035	2,618
Direct charitable activity - repairs & maintenance	50	145
Direct charitable activity - other motor/travel costs	265	2,430
Direct charitable activity - legal and professional fees	160	100
Direct charitable activity - telephone	16	168
Direct charitable activity - Musicians and Media	205	660
Direct charitable activity - Printing, Post and Stationery	303	427
Direct charitable activity - Evangelism	128	950
Direct charitable activity - Catering and hospitality	2,066	2,313
	───────	───────
	9,228	9,811
	───────	───────
Welfare
Activities undertaken directly
Direct charitable activity - Welfare	2,184	1,719
Direct charitable activity - Honorarium	1,743	500
	───────	───────
	3,927	2,219
	───────	───────
Governance costs
Governance costs - accountancy fees	850	850
Governance costs - depreciation	1,732	2,309
	───────	───────
	2,582	3,159
	───────	───────
	────────	────────
Expenditure on charitable activities	15,737	15,189
	════════	════════

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