KINGS PORTAL LTD IA c{ThP ¥mltsd by 9uarnnts•. not ha¥lnq a 8har• uixtsll Annual Report and Unauditgd Financial Ststsments for the financlal year •nded 28 February 2026 Company Numbfrr. 13934460 Charfty Numt*r. 1198594
KINGS PORTAL LTD A ComY limlted by gRno. not hwthg *•hw¢ 1% CONTENTS Trustees, Olhar InformatKJn Trustees. Annual Fleport Statement of Truslees, Responslbiltt Independent Examine¢s ReF Statement of Financlal Activities Balance Sheet 10 Statement of Cash F 11 Notes to the Finanaal Statements 12-16
KINGS PORTAL LTD IA ctynpany Ilmlt¢d by guaraniee, not c¥tsll TRUSTEES. AND OTHER INFORMATION Sharon Rukndo Muza Chalrparnon Nwaffgk4 Chinwe Dwafvj Charlty Nurnber In Engl•nd and Wal 1198594 Gompany R•gl•lrntion Nthnbgr R•glstsr•d Offlc• 74 Main Ro Pwson Drove England PE134LA Prln¢lpal Athlr• The C¥essent Ltd P•tsrt)orough PE38DX Unlted Kiryjom Ind•pgndent Ex•mlner Ch•qwi & Jo Ltd PAn¢lpal B•nk•r• LLoyds Bank 27-31 W•stg*e CambrKJge8hlre Peterfootough PEI 1YH United
KINGS PORTAL LTD IA ¢ompany Ilmltsd tyy #uarantse, not h¥lNJ • c•sa TRUSTEES. ANNUAL REPORT for the finanaal year eThJod 28 F)nry 2025 The Iruslees wesent their Trustees. Annual Rewl. ¢omtrAnirvJ the Diractrys. Rew arKI Trustg05' Report, ond th¥ aurfiled finanrial statements for firnnc¥al yw tr 28 February 2025. The finar1 ststements are pYeparBd in a)Id81£ with the CLvnpAnfi&s Act 2[. FRS 102 'The Financial ReF¥)rting StandÈrd aoicable in UK and Repubts¢ of Irefarf atN1 A¢Qnting aTrJ Reporting by Charitie$.' Statement crf Rgcornmended Practu applicable to chariis pxeparing their fin8n(xal statements n accorce wtth the FharKTal Reporting Stsndard appIaL4¢ in the UK and Republc of Irelgnd IFRS 1021. The Trustees, Report C¥8 tho Informattth reqwed to be provid&J in th Twstees. Annual Report under th8 St8lemenl of Recommended PraCte ISORPI gideles. Th• trustees of th8 charity arè also tharity trustees for the purposa of tharty law and undei Ihe chwiV8 fXX)Stilutson are krv•m as members ol th¢ l)oard oftrusto•s. In th18 report Ihe trustees Of KINGS PORTAL LTD present • summary of bts purp, gov&manc•, activities, 8chkwament8 and fin8nc•$ forlhe fjnanaal year 28 February 2025. The charlty 18 a re9i•r•d and henc• the rer aTrl ro an) pre8thd ) • forn wthr( compl6&8 wrth the roquiremonts of the Cnpani•S A(# 2C(6 atvj, aNhough not 019•d to M[Y with tha Ststernenl of Rsltrnded pract apIe4bkn UK and of Irela1 FRS 102. the orgwwsalion ha6 implam&nted its rKommeThJ8lK¥)s where relev8nl h) these finarKIo1 statem. structure. G¢)v•manc• •nd M•n•g•m•nt L•g•l Struc The Org8nisgOw 18 a charilat4e o)mpany limhed by gu8r•nt•e, irwrpor81gd 23 February 2022 and reglstered 88 8 ¢harity on 12 April 2022. The Charlty goveming donl 18 a MerThyandum and Arudes of Asso¢ialNJn that wa8 In¢orpor8ted on 23 FebnJ8ry 2022, •5 omended by S"31 re8dutn cfi 10Wd022. and reg1818red 8t Companie• House on 251W2022. R•crullmont•nd Appolntm•nt af Tr1•• The Charity is governwj by a board ol trustees %th) al80 thble as the Dire¢tor8 ol the company. All Trustees axcapt one, saddled wrfh the administralive dLrties, gfve lhr Itnx frttty. Non• of the trusiees h86 any Èenefiaal interest in th• enrnpany. Vnder the requirements ol the Momotandum •rKI ArfiLge8 of Associ)n, th• Tw¥tee8 are ekryctod tc+ 8eNe under rdlbng rotirement prr4ramme. Tru•t• Inductlon nd Tr¥lnlng Mo81 Tr[lee$ lamik'w with the of Ihe thurch aThl Charlty. IrLot ao sel•J ba$ on their contrfbulfon8. They are provKled wilh copios of the Charity Commis&on's guwJwKe lo Twsl8os and a introduced lo the activlti8s of ihe Charrty by the exisbng board. These indude ot4igalH)ns of Trustee5, m8n dooJm8nl which Sets oul th• operational fram•work for the Charity. iJlIng the MerrK)randum and Artd¢8 of A88Ctsatrcn, pl8ns 8rJ objeciNé$. Furfhernio, 811 trustee8 are elOraged to tend trairmng wiinars prry4thd by extem OTg8nlsalhMs. Oryanl••t1ono18trturn and D•¢l•lon.IAaklng A hlerarchul lertir0 strLKtur• has been Adopteil. provKJro a IknjmIed and auditable trail of actountability. These procedures 818 relevant acros8 atl cperations and provth for $wssi¥e leveLs of 8ullvJrty lo be gNen 81 higher levels of montyement. Charity wa$ adrThnislered by tha Boord (rf Trustees 88 listed n Ihe ferS and adnIstrat• inforrnalion Section. Trustees meet brdnnualty to fOlate kKAicaes and opernlro gide.nes. are as3ist8d by the Pastors. who Supèrvise relIgS tMtie8, and various wnmittees sh as Ihe Outreath Committeo 8nd the Financ* Commfftee. Thgs8 committees pby a cwclal Tobe kn •ffedive cwdinalron wvj administration, wilh fooJ$lng on w(yfic aspect¥ ol the Charitls yraiions.
KINGS PORTAL LTD
IA ¢ompany Ilmlted by guoYort••. rKei¥thg •¥hBrn capllall
TRUSTEES. ANNUAL REPORT
for bhe financaal year ended 28 Febnjary 2W25
Aims and Obl•etive#
Tho Charity is fimity astsblththj Io WOVKle 8natrlng WOT8hiyng God. 8TrJ to th8nco the
Chfi81ian farfh for lh8 berefft of the W[¢ in acccrfdaTh vrith the stslement of faith. This is achKw•d ty èvangelising
the commuw, f•llowsNppirrfJ one another and tea¢hlrvJ Ihe salnts thè word crf GcJ from the Bible. The truBlees
confrrn that they have had due regard to guidale issuèd by th8 Chanty ComnM8Bion on pts1¢ t4nefil before
deading whKh aclivies tha Ch8rrty shj1 undertaka.
A¢hl•v•m•nts and P•rfomwn
The l
KINGS PORTAL LTD IA eomwny IlmSted try 9. nal IHvlng aharn TRUSTEES. ANNUAL REPORT for Ihe finar year ended 28 FatY 2025 Tnwte•8 The twstee$ setved 1hrj0ut the finw81 year. exwt as nDt•d, Te as foltrs.' mako Chin7h DonBld Agathar Ogh•n*kewke 0r Sharon RUten( Muza In acojrdance wth the ConstitutKJn. the Inthe5 relire by rotation arKI, beirtrJ elwJlble. offer Ihems•fves fLY re.elecOon. Compliance wlth S•ctor-Wide L•gl•latlon and St•ndard• The charity ¢ngages pro-activoly wth giatIOn. standards and ctyjtrs ore develop•d for the se¢tor. KINGS PORTAL LTD subscribes lo and is with the The Comp8nies ALt 2C The Ch8riti¢s SORP IFRS 102) Trnn•actloM Involvlng Tr1• As part of our commhment to transparency. we dlsdose that during the year. the Chadty paid a total of £ 31.197 12024.. £10.5021 Sn S8ry and pen&on to Ihe Adminislrator. wts) is a member of the trusle8s. The Charity also paid an U91 ront of £14,886 kjr a wop•ty fentod from a 8onkK pr 8nd u8•d as th8 mi$$ion house for Ihè Charty.
KINGS PORTAL LTD STATEMENT OF TRUSTEES, RESPONSIBILITIES Flnvdal Roptylvw Stand•d •pF**bl& in the UK •MI of lrnl•nf Wion 1A (Small Enith8>. UThlor and•lyd on h b•hby.
KINGS PORTAL LTD
IA c
KINGS PORTAL LTD IA company Ilmlted ty Irorta•. rb)tlo¥lwwJ a 8hAr• ¢apMall STATEMENT OF FINANCIAL ACTIVITIES Iln¢c•rporatlTrJ an In¢tyn• and EXj11reAco?unt) lor the financi81 year eld 28 February 2025 Unr•strlct Funds 2025 Totsl Unreslricted Fund• Fun(ts 2025 2024 Total Funds 2024 In¢om• Donatiom and lega(yes 257,652 257,852 155,553 155,553 Ewndlturn cltab actfvftte8 261.818 261.618 142,033 142.033 N•t Incomthl{•xpendltur•l (3,9661 13.9661 13,520 13,520 Tron8ferB belwgon furK15 N•t movem•nl In fundB for th• finrtlal y••r RKonclllatlon of fund•: Tolal funds beglnnlng of the year Totsl fund• at th• •nd ofth• y••f 13.966) 11968) 13,520 13,520 12 130,091 130.091 118,571 116.571 126,125 126,1215 130.091 130,091 The Ststomenl of FlnKial Adivth$ wthJde8 all gains arJ rwniryed in the finarK¥ year. All incomg dnd expgndrture relate lo ¢tinUing acvrt$. The Trjtss on page5 12 to 16fmp3rt ofthe Ilnanoal stwnen
KINGS PORTAL LTD BALANCE SHEET 88 ai 28 Fekny 2025 42099 Cath at bfink and 87,192 (3248) 87,702 87.192 130.091 1¥,126 130,091 12 130.L)91 Part 1$ oftt Comp8nle8 kl 2. •rxJ Repubk ol ITglan¢f. gpthg SaL 1A ofth•t Sl*Mlvd. 02 by 25 •rnl •lqrnd on Its Ch•iw io
KINGS PORTAL LTD STATEMENT OF CASH FLOWS for the finanoal year trnded 28 Febnory 202S 2025 2024 Net movement in fund Adiustrnents for. Depreoatlon {3.9661 13.520 11791 14,142 Movemenls in wothlThJ pital.. Movement in effjthtors 8&25 27,662 3,248 Cash generated from OFwations C4•h flow• from Inv•6Ung 4ctlvftlo• Payments lo acquire targible assats 12,073 27.662 18,2681 N•t In¢r•a$e In and ca•h •quiv•lents Ca$h and •qulv•l•nts at th• boglnning of th• ymr Ca•h and c••h •qu5val•nts at th• •nd ol th• year 3,808 87,192 27,862 59,530 91.000 87,192 11
KINGS PORTAL LTD IA compatw Ilmlt•d tyrf warnnt•8. not hovlng a sh•r• ¢aplWI NOTES TO THE FINANCIAL STATEMENTS for the finarK4al year eThJed 28 February 2025 GENEIIAL INFORMATION KINGS PORTAL LTD Is a (xmpary limited 1)tsyd i) the Unltsd ngthY. The regl8tered offi¢& ol lh& d)arity 74 Mn Rood. P8rson Drovo, wb#. England. PE13 4LA. Unrt8d Kingd which Is also th• principal pke• of busir• ofth• tharrty. Th? 51alemts ha¥• been Pr•sled in Pound {£> which18 al801 IvnfAiMal cufrency olthe th8ffty. SUMMARY OF SIGNIFICANT ACCOUNTING POUCIES The follorj acCoLtIrj policies have beM appld cJx•stenty in deah'ng wih which am L))nsidered materfal In re18t to the ch9rit¥ fingrnyol $tatements. Basis of prnparation The )Snanual statefnents have iEen prep¥ed on golng c4)eM basls under the $torkl cost conventbn. modified to indude certain rtems at lair value. The finanaal ststen)ents have been prepared in accordance with the Ststwnont ol RtrThnfflended Pr8ctr (SORP)"Accounting and Repoiting ty Chiiiè6 preparing 1hr accounts in ac£ordarK• wilh Ihe Fin8181 Reporiing Stsndard applicab in the UK and R•pubhc of Ireland FRS 10T, 8PPtykYJ secak 1A of that StaThJard. AB pemiNted by Ihe CompanKrys Acl 2C(6. the tharity h88 var the 3tand8rd ftyM8ts in th81 a& for the Slaiemenl of FInalal Act[e6 and the Bala Sheet. Departures from the slandard fomials 8ro lo com vAth lh• wuir•m•rrts of Ch•rilie$ SORP #nd are crynpkan¢e wth $e¢lion 4.7. 10.6 and 15.2 of th¥t SORP. statemont of compllanc• The finan¢l81 $tstgmgnts ol th• Chthi tr th• y•or •nd•d 28 F•bru8ry 2025 have twn prwar•d on the goiro concern basis aThJ in accordance wtth Stat•m8nt of R8ccnvnended Praclice ISORP) "Accr4Jnting and Reports'rvJ by Chaiibes pparn9 their accounts in Krdanc with th8 Financial Reporfing Standard applicable in the UK and Republ of Ireland FRS Ir, apptying IA of that Standard. Fund ac¢ounilng The lo#owng arn the cat•gorl•8 (rfluThJ8 mthrtAW'. R•trlcted lund• Reslrfcted funds repre8ent Ineome reeelved ¢4n bè uwj for wrp0sè8, 88 8pedNed by tho dcrtrn. Suc pwpKises are wilhin tho overaR rAJie(Nei of Iho ¢&banty. Unr••trl¢t•d fvnd• Unreslri¢t•d fvr>Js consist of General and Deson&ted fd8. . Gefier fund$ r¢prts¢nl abywnls ar• xptrid¢ al th dixreoon of t b38rd. In furth8rnnc• of I cJectNe$ of the thorty. Designated funds comprise unr•strKtted thjnds thal th• bjard has. al its disuètion, set ade lor p1icular purposes. These degnatiOnS have on 0nIStrative pury>w onty, and do t legglly restrbct the board's dlsu8tbn to aFpty the fvThJ. Incom• In¢orne is Teo)gni8ed by indushyi in Ihe Statewrt of FinawK4al Ac*ivitB6 ClY whtrn ihe ci18rrty is IEgally enliued lo the income, perfornance condith)rra atiathed to the item{610l income have been met, th8 amounts invc4vtsd 12n bo measurnd fAfftienl relithlty and ft its wcthblts that irKom8 wll bo Ved by the ¢harily. Ineom• from eharitsblè aetlvltlo8 Income from tharitat4e 8ctrvities inc¥ffle eymed from th• suwy of seNtis under eontradual aThangoments aThJ frcrfn perfomiAnco refated gr8nts whth havfj (lItIOnS that speafy the prov191 of particular Servi lo provided by the charity. Incom& from gov8mm8nl and other co-fijnders is recognised when the charty is legalty entltkd lo ts income be¢aLtse 6t is fijIl1j the cond6tior c4Jntsined In the related funding agreements. Where a grant r6 recofved in athlarth, reCOgnon ks deferred and Included in GTrnts fM gover1nts aThJ 0thera)WfrJers tywcalty IrK4le one ofthe follrymng types d ccnditsorK8.' . P•rfrymanco bad cond1th?. WhobY th? dwty is entitw lo fijnding onty to th• •xt•nt that the ¢ore otiethves of the 9r8rt a9wnert a 8¢P¥e¥ed. th¢re the Chaty Is trneling the o)re objethes of a 12
continued KINGS PORTAL LTD IA ¢ompany limited by gu4rante•, not havkng a shar• Ca5} NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 28 February 2025 grant aert. rt rKognlsgs thg relotgd axnrtU1, to the extent it k8 rniN)U&t19 by the ¢knor, in(xJme. .Time bas•d conthtons.. wl•bY th• thaY Is ffitill¢d lo ful1j the th•1 il utilised in a partular period. In these ¢oses the ¢hanty Ywnises the Inc¢rre lo Ihe extent it is u18¢ vthln the period sperd in Ihe agr•¥ml. In the ab8ence of Suth CondttS. assumirwJ th81 rlpt probab and the amount can be rellabty m8Bsured. grwl ino)me IS Tecognised once the djarity is Th)tified of 8ntiUemont. Grnnts rwAtved t<wiards captaf e¥jire are crethled to th& Slatwnent of Rnand91 ActlvNl8s when f#rwed or recivabkn. vthtthever is thrfier. Exp•ndltu EXndItUre is 8naty¥¢(I costs ofcharilable adNibes Bnd raising fij1$. The costs of aclwity are Septa oc¢umLlated and dl8ckised. ènd anatysed ae££idiw lo their maTr)r C•)mponènts. Expenditurè 18 recognlsod whon o lty•l or o)nstnKb"ve OtA1g•ty ex 86 a result of 8 p36t event, a transfer of erKJnomlc beneffits 1$ requlred in s¢ttt•meftt ond the of ts obugation can be reliabty measured. Support coats we those functions that asslsl the wtyk of Ihe charity txrt cannot be attributed lo one activity. Suth costs are allocated to ad1vilt in proportion to $1oNtsm spent LY other surtable me¥8ure for thrty. Tnglbl& fixed aMot• and d•pr•elllon Tangible fixed Ossets staled al cog1 or ¥t ¥•81)ft. le88 KMULated depr¢t&. Th• ¢harg• to depTerAatton18 C81culat8d lo writ• off thè origTh1 c08t or valLAtk)n of tgIble fixeAI a$8•ts. kn8 Ihdr tImated rèsidual value, over Ihthr expected useful lives as foll$". Pl¥nl and machinèry Flxture8, firtings and equipmerrt Molor veh 15% sth1 li 15% Straight l¥)¢ 25% Strghl lino C4h It b•nk and In hand Cash al bank and in hand cLYnp¥MoB cath on d8w8tt at bonk8 ran9 lev than three month8 of ¥Athdr•wèl. Taxauon •nd d•l•n•d tom0 No cuTh•nt or d•f•rr•d taxatiffi 8rf6e8 as the drity has Ixen wanted tharltabfe exemptlon. Irtecoverable valued &lded tax Is eXn$¢ 88 Incur. 08f•tr•d tax 1$ r•o)gn•d in respect of 81 timing 11ffen(%J that Iwve origir4ted but not rever8•d al the balarKe sheet d91¢ vthere tW$8¢11on8 or evenl8 have c¢¢re 81 thai date th81 11 re8utt in an obligatlon to pay moro lax the futurg. or a nohl to pay l¥$$ w in Ihe Itrture. Timty rffen¢S afe t•mpor4ry differen¢e$ befv4e8n the thanvs taxabte kncome it$ as $t4ted Ni the finarthl st8t¢ments. Deferred lax Is measured on an und18cnt•1 ba&s at th• t&K rnt•s that 8r• anbop8ted to appty In Ilx periods in which the drflerertts are expected to reverse. bwed on t&x rates and kn Ihal h8v• been en8d8d or Iubstanlivety enathd by the balan sheet date. r¢h and d1pnt Devebpmenl exFeTrthture is rtIen off tr) the in(yTh and eypenditure actnI n the fiThial year In %thich IS bncurred. INCOME DONATIONS AND LEGACIES Unrestri¢ted RestrTCted Fund8 Fundb 2025 2024 Donal¥Jns and18gK 257.652 257.652 155.553 EXPENDtFURE 13
cfjfttind KINGS PORTAL LTD {A ¢ompany Ilmltgd by guarant•, not Wrvj a shaw• ¢•thI1 NOTES TO THE FINANCIAL STATEMENTS for Ihe finanoal year erJed 28 February 2025 CHARITABLE AcnwTIE8 Dir•ct Support 2025 2024 ExperKlltur• w thbI8 activrbes 39.m 23.7n 198,572 261,618 142.033 SUPPORT COSTS Charllable Acttvbtle 2025 2024 Travelling. AcCoMn)da1w)n & Ent¢rt¥inrnnt Rat&8 & E1ocar4ty Insuranc Telephone Motor E¥pense8 Other Support Costs Subscn'ption Oepreciation Printing. P081agé & Ststionary Repairs, Servicing & MaintenarKe Conlerences 8nd Event8 Church Hall Hire 45A82 3.060 5.511 2.108 15.495 13.836 442 11791 5.118 45,482 3.060 5.511 1108 15,495 13,836 442 12.791 5,118 9,988 16,710 68.031 26,851 1.674 3,427 15,778 9.839 2,208 14,142 1,269 11,095 16.710 68.031 45,250 190,S72 198,S72 131,531 ANALYSIS OF SUPPORT COSTS 202S 2024 Tr8vdliffJ, AccoMn)dall & Entertainmenl R8tes & El•drtsty In$urgnc Tglepho Motor Exwn Olher Support Costs Subscripts'on Depreaation Prfntiro, Postage & Slationary Repairs, Sorvicing & MarntwftC8 Conferences and Events Church Hall Hire 45.482 3,060 5.511 2,108 15.498 13,838 442 12,791 5,118 9,988 16.710 68.031 26,851 1.674 3,427 15,778 9.839 2,208 14,142 1,289 .11,095 45,250 198.572 131.531 NET INCOME 1025 2024 N•t In¢om• h •tt4d ft•r ¢lMrghWicredlllng1: Deprat of tangit4e 8s8etS 12.791 14,142 14
continuJ KINGS PORTAL LTD (A company Ilmlted by guarart80, havkng a shaTr raw) NOTES TO THE FINANCIAL STATEMENTS for the ffinanCI ye8T ended 28 Febnw 2025 EMPLOYEES AND REMUMERATIOM of wnployo0• The average number of perxry execubve tnMtèesl during the fin8n&81 year w88 88 foHows: 2026 Nthnber 2024 Numbor AdmlnSstra The staff cos1$ 0pIl¥e. 2025 2024 Wag8s and salari88 Pension costs 30,339 858 8,412 2.090 31,197 10,502 TANGIBLE FIXED ASSETS ant •nd Flxture•. m•chlnory Imtlnp •nd •qulw•nt Motor v•hl¢l Total Co•t Al 1 March 2024 Addition$ 42.117 8.432 28,S95 70,712 8.265 800 Al 28 F•bruary 2025 29.628 800 78,977 D•prncl•tlon At 1 Marc 2024 Charge for the fin8rKx81 year 16,646 7,976 11,187 4,615 27,813 12,791 2C(J At 28 Febnmry 2025 24.622 15,782 20) 40,604 N•t book value At 28 February 2025. 23,927 13.846 600 38.373 At 29 Febry 2024 25.471 17.428 42.899 CASH AND CASH EQUIVALEIWJ 2025 2024 Cash and bank barS Cash equalS 81,740 5,452 91.000 87,1 10. CREDITORS Am¢unls f•lliw due wlthln on• ymr 2025 2024 T8X81ion and scthl s¢curity costs Other creditors Acuuals and dèfwrwj incom 462 286 2JOO 15
continued KINGS PORTAL LTD IA company Ilmlted by guarantee. not ha[¥4 a sho G•pitsII NOTES TO THE FINANCIAL STATEMENTS for the ffinandal year ended 28 February 2025 11. RESERVVJ Funds Total IDeficitYSuryJlus fcf the Ibnarthl year 13,9661 At the eThJ ofthe year 11966) 130.091 126,125 12. FUNDS 12.1 RECONCIUATION OF MOVEMENT IN FUNDS Unr•strict•d Fund• Totsl Fund• At 1 Marth 2023 Movement dwlng the lknand81 yur 118.571 13.520 116,571 13,520 Al 29 Febru•ry 2024 Movement durlng Ihe flngndal year 130,091 13,9861 130.091 (3.9861 At 28 February 2026 126.125 128.128 12.3 ANALYSIS OF MOVEMeP4T8 ON FUNDS B•lan¢• 1 Mar¢h 2024 Incom• ExpOndir• Tran¥f•rn B•l•ne• b•tw••n 28 F•bru•ry fvnd• 2026 Unrn•trlct•d lund• Unre8lrlcfrd G•n•ral 130,091 257.652 281,618 128,125 Tatsl fund• 130,091 267,652 201.618 126.126 12.3 ANALYSIS OF NEf ASSEfs BY FU14D Fix•d Current Currnnt Ilabllltl•• Total . chrfty UnreBtrNAed er¥I lurKIs 38,373 91,CO) 13.2481 126,125 38,373 91.000 {3,2481 120,125 STATUS The charity Is a cpY limited trrf fflw8nt•• not ttovkng a share c4ital. The 1kgbty ofthe mefflbev5 is lunited. Every member ofthe crynp¥ny urKlertakes to contribute to the assets ol tr CCA7)pany in the event of ils bein9 wound up while tw are memt4rs, (y ilhln ce financial ye8T thereafter. for thè paym8nt of the debts and ILabilib'es of the o)mpany g)rrtract•d before tY ceased io te members. costs, charges and expenses of winding up, and for the adjustmrt of the rryhts of th8 corrtrthtors themsdve8. suth amount as may be wuired, not exce*th"ng £ 1. POST4ALANCE SHEEf EVENTS There ha b8en no sgnrficanl events affting Its Chanty Sin the fllmncial yew-end. 16