REGISTERED COMPANY NUMBER.. 00498913 (England and Wal•sl REGISTERED CHARtTY NUMBER: 209413 Report ofth• TruJt¢es and Flnanclal Stat•m•nts for th• Y•af End•d 31 O•¢•mlxr 2024 WOMEN? TOTAL ABSnNENCE EDUCATIOPIAL UNION LIMrrEO Knox Cropper LLP 15>155 Lonth Ro1 Hemel Hempstead H8rtfordshir HP3 9SQ
WOMENE TOTALABSTINENCE EDUCATIONAL UNION UMITED Cont•nts of the Flnanclal Stat•mgnts for Ymr Enthd 31 Oecembv 2024 R•port ofth• Tru8t•o1 1 to 6 R•port of th• Indep•nd•nt Audltor• 7 to 9 Stat•m•nt of Flnanelal A¢tfvlll•• 10 8al4nc• Sh••t Noto8 to th• Flnanclal 8talom•nts 12 10 21 D•tall•d Stst•mnt ol Flnan¢l•l Actlvttl•• 22 to 23
V4OMEN% TOTAL ABSTINENCE EDUCATIONAL UNION UMfrED Roport oftho Tru$t¢•$ for the Year End•d 31 DeCnr 2024 Th8 trustees WI aro also dir8rtors of the charity for th8 pur$ of the Companies Act 2006. pr8sant their report with the financial Statements of th8 charity for thg year ond8d 31 0mIr 2024. The trust88s have adopt8d the provisions of AuntIng and Rerts by Chant". Slalemenl ol ReCoMnded Practice appli01 lo charities pr8paring thr accounts in accordance wrfh the FinarK481 ReForb'ng Stsndard 8ppIKable in the UK and Rewblic of Ireland IFRS 1021 leffectNe 1 January 20191. OBJECTIVES AND ACTIVITIES Obl•ctlv•8 and alm¥ The core work of this Chaiity 13 to Tse awar8rss. in a ItU way. of the heth iisks aThJ consequences assodat&d vAth tha misuse ol •l¢ohol, drug•. tobacco. g•nbliTrg . The rnotto b8ing' Promotlng H•althy LW•sty1os' Th eharity has continu•d to aFWy its Ir effo('v8ty regaNling 8d(Kalkn V+th wth chikjrnn. young Feople, and the wmler community. During 2024, th8 charity empbyed 2 fulklirn members of tho Admiftistrakn staff. 1 part-llme Archivist. an¢J S part.tlm8 memb&rs of adrn1nistrat staff. Through th& Communlty H•alth pro. the ¢arity Io I1Y lifeW88 usbng a Yre8 to loan, xheme of InforrnatN8 héalth display bjards covaring tcp(% related to alcohol. drugs, tobacco, gambling. . The Health Display Boards are wodLwI 'in Ib)use' a)d on&1 delNw•d withm) the West Midlands r•gion to schods, ¢ollege5, librars, pham. and other agenL?es. • Followng the gJCCeS8 of Ihe pilot in 2023 to }$1 Heth DiSpY P)ards wtsvjg the West mlandS region, thls was ¢onUnu8d In 2024. Ordefs Gome wa our wobsitb, Scio1 Media [alfr. and word ol mc4Jth. The He8lth Display Boards aro posted Yree ol tharge,. With prior arrangement. the Health Di$pLgy 8¢)wds can be cdlected from the office. . COlrfUl 8nd informative lilgrature arK18thrts corryjlment Ihe Heath &"ay eoafds. An eXtenve range ol ag&appropri#le lrteratwe. ¥thh is devd¢)wd and upx1atéd by wr stsff, is printed 'in house,. Th8 literature Is u8ed in c0njunclw) wilh tho seNces provSde(18nd can also be downkjthded from our webslte, Rosources, including the websrte, and othèr wal media plalforms, ar8 hdpful tc1$ in providing inf(Ym81ion about the charfty and 11)8 Issue5 Surrndir¥j th& four re to.¢8 ol *lcohol, drugs. tobaccoi gambllng . OUT webslte and other soaal m8ilKq F4atfcYms afe regulwty wlated 'in hw8e' with infomwbon. advth. and blogs. Stat•m?nt of Pub15c 8•n•fft Th& Tru5teg$ gf the charity have had rngard to the Charity CnmI&S'S gullar on l)ublic benefit" when 8xèr¢ising powers under the Charitys oty8cts arvj our rnain acliwlies and Ytho we aim to hdp are described above. All our chgritsNe 8¢tNI'es lor#Js on our mkssion to raise aw8reress of the elfects ol aleohol, drug•. tobacco. gambllng. All activib.es are undertakèn to further our (tsn"tsbb pur)$8$ for the public benefit.
WIJMENE TOTALABSTINENCE EDUCATIONAL UNION LIMrrED Report ofthe Trust•es for thg Ymr Ended 31 DK•mb•r 2024 ACHIEVEMENTS AND PERFORMANCE Charitsble activities ommuni Hèalth Pr0 ect: This pfoi8Ct was set up in 2012 and tin[w to be very stKcessfiJl. Regular t(king$ fr)r the H8alth DaY Boar(18 have conkn'nued to increase snl¢antlY wilh librars. Scx4s, (xAs, pharyna(ies and GP surgeries, and othgr organisations having now sne up to the Pr<ryed Irom thin the W8sl M&Jland5 region. and in otrw parts of the UK. The purpose of providin9 Ihe Communlty H•th Prw8Ct i% W 8J14f F1? with the knowledge to makg d&dsions about thtyf wellbeing and lifesty. Each Heath Display Board is das¥Jrd and prinled'm) hws8'. We &0Y gvJhl members of staft.. . A Flnance and Support Offk¢r who 0¥ets8es thg day4trday financ88 and supwts the rrnmbers ol staff and reports re9ularfy to th8 Trustee s. . A Resourc• and 0ov•lopmgnt Offie•r WIK) IS TesrK)nsibl8 f( resear¢hing aThJ dwnirvJ th8 contsnt for each topic of the Health Dispkgy Boards. the afi8ts, aryl ot1 material. • A H•alth ProJ•ct Coordlnat¢x ¥vho optrrates the bcK)king system fty the Heatth DIspY Boards and ensur8$ these ar8 prepared and assembl8d rga¢Jy lor dolfvgry wllhin the Wost M¥Jlands rOn, and for Fost81 dellv8rlo$ to other areas ol the UK. There a three Admlnhtration Trwmb8rs ol slaff who are r85F(fftsible prewiw and assemlling the content lor each Heallh Display Board and ens uring these are ready lor d8lwery. . An IT Managèm•nl and Support Offl¢•r fr thè ctinue<l Wting of bsrte and 8CAI media plarffms. aThJ general IT issuè5. . An ArchlvlslJR•••arch•r for tho orwThJ upkw ol tyjr 4rthfvo$, le[1n9 fty Onquiriès reIVed, and a8SiStsTrJ vlsitors wf( h Iho Archfves. For young people and adulls. the thanty ath'vety promotes nan81 campaons. wilh Health DispL4y Boards such as. Dry January, Gombllng Awar•n•s8, No Sffioklng Day. Rd Saf•ty W•ek. Stopt0r, Alcohol Awar•ntrii W•ok, M•nt•l H•alth Awarnn•ss. In addllion, other iopi(s includ8- Loot Ixx• In Vldoo Gamm. Summ•r Safety. S•f• Nlght QUL Under th• Infiu•nc•. For Primary aged chihIn, the range ol Health DisaY Boards indude- M8dleln¢ Safety, Loot Box9$ In Vldgo Gam•s, PA•4)tsl Hèalth, P•gr Pr••ur•, Smoklng Awar•n•••. Road Saf•ty. Archlvffj: Th8 digili8atM)n of the wic•Juls ha$ been prJwrti8ed durlng thè yaw by Axchwist. This has wjvthy invaluabla In cutting down the research time for our Archiwst persCal Visit to the arthiv8s. As thè earfK8r C¥$ of our periodifjals are fragile, ¢JISaIn has minimksed the need to K4rKlle the ilems. Enqulrfes.. Enquiries from academics to lamity MemtS have been r8c8Ned oath rnonih. Th8se have required our Archivist to undertake exienswe $31. Wrth rw arrangement t our Arthwtst, r$al visitors have also attended to research our arthives. digilised material. is availabkn on a laplop and our archivist also rgtr4.eved documents in preparation for the SIts. Promotlonal: The history of Ihe cty 15 t9h tyjr W19 a1 SCial m8di8 k48tfr5, and knrd of mouth,. P42
WOMEPI'S TOTALABSTINENCE EDUCATIONAL UNION LIMITED Report of the Trustees for th• Ymr Endod 310gCgmbw2024 The 'ArchN•sIHlstorf Sect ol Ihe web&te 1$ rewLqty updal&Y and has an exiensNe arTrJunt of inf0rn181ion regarding the history of the chanty. irKaL¥Jing other t8mp6rarK (KganisatJns. Oui hnivist re9uLqrfy adds bbgs Bnd uwjales to our websrte. t)Jr Archivist is availab lo attand events lo sharè infofflwti attr1 the hisw of the Charity and our archTves. Visits to tho arthive5 are wdcA)ml by prior arraro8m8nt Wgbslt• and Soclal M•dla These ar8 managed 'in-hou8e' and are upyated regulirfy with latest rws. T8ulCS, blogs, 8ocyal nla posts, 8tc. The knial Media p18fform5 are an valuate link like•min(Jed organisals. mèmber5 of the puuic, and other interested Part$, and are used io pronM)lè our and relevant national caMp8n$. Futuro D•v•lopm•nts: Positively promote the 8th0$ and 5eryices of lh8 chanty. Continue to extend links Ythh ltsari8s. Sc5. phannadgs, GP surgeth. bcal communlty grcmjps. and other agenryes. Continue to develop our resources. Continue lo promote our archives and researth seNice. Continue with digilisal#)n of our earfy and fragiLg archival material. Maintain and update r w&bsil$ and social rned platlorms. FINANCIAL REVIEW Inv88tmont pollcy and oblKdv•8 Under the Memorandum 8nd Art"des ol Ass(wtw. has thè p)wer to make any investments, whSch the Iruslees see fit. The Iruslees. investrn8nt pollcy pr8clud8s any dlr8Ct k)ve$lm8nl in 8lcthe4 or fobacco rdat8d companl8s. TIse funds havo b8èn inv&st¥d the advic8 of the investment broker, UBS, vthh Iha $t*)[JIati that a prowtion of the funds are invested in fixed interesl s8writw io redLKe its exposure lo fl#Uatx)n in share Wi$. Flnanclal r•vl•w The operations lor the yèar re8ulted in a nel incx)ming fijnds 01 £2,77T12W23. £404.5791. The nel gainslllo8se81 on investments lor the year were gain$ 01 £604.944 12023.. £404,399).
WOMEN'S TOTAL ABSTrNENCE EDUCATIONAL UNION UMrrED Report of th Tru¥¢• forth• Yeor Endod 31 Decembor 2024 FINANCIAL REVIEW Rer¥8 policy At the year end, the charity haj tclal ro8eThes of £10,366.537 of whth were unrestn'cted and availabb for exp8nYiture orlulure deSnatiOnS by the twstees. Following the sale ol a property in London in Novemlr 2CK14. the charitys feserves have incwsed sunificantly. Part of the reserves has bèèn aPled to hw5e the &JminisiratM)n Wuart8rs in Solihull, w8 openad in Sgplember 2006. There are rfjnt81 propeths irKIed in investrrnt Iwo0s. Both of Ihese PTowtios ara valugd annually by SurVeYs b8sed on open market value. assuming that the propwt.es WOU tse sold subject to existin9 18n3nries. disclosed in note 12 of the accounts. one of the ycperbes, is currenuy in the process of baing sold for a value of £365.(. wrth a comtion dat8 exrwed to t in Seplember 2025. accordingly, th8 valLJ8 of this prOpty has bean redassffi8d io current assels. The other rental pfoperty has thè current market value of £365.CO) ccnparod lo tho original cost of £243,050. Thero was no char¥Je in lair valug this year. Tha rov8lu8Jon re8eM at the y8ar gThJ was £314,761 To18S to the atr•)ve mentioned hyo inv8Stm9nl Expenditure on Char51ab actlvStles has IrKr8ased lo £249.301 12023.. £221.7741 during the current year and the Iruslees are con$ifJering the levels of reserves lh are lo meet knNJer temi prop¢ts. To fund ongoing proj9cts. the charity recèives incc4ne from its inveslrrenls LS also regtstefèd to receive Gift on its donation$. In the current economt dlmale Ihe retym on inveslmgnts is subl8Ct to fluctuatvjn and this can affect the tharily's lèvd of ro$grves. STRUCTURE. GOVERNANCE AND MANAGEMENT Gov•rnlng docum•nt The organisetion ia a charrtab c(xwy, IMnil•J by 9uar•n¢¢¢. kKorFrtyated 27 •Jgust 1951 and reglstered 85 charity on 10 January 1963. The company was oslaljished un(Jer a MenKffandum of Assooalk)n. whth established the objects and pOS of the charilable Djmpany and is gov8mod undgr tts ti¢l&S ofA6sociats'on. Members ol the charitatAe company gua(8ntee to contrith an amounl not exceedlng £1 to the Assets of the charitable company in the event of winding up. RuItm•nt and appolntrn•nt of n•w tru#tw• Th8 directus of th¢ ¢xJmpany are also chartty trLtstèes for tr purF¥)so of carity law ond under th& company's Arttles are knovm as members ol Committee ol Management. When a Vacan occurs on the Board a per sFfjdficalk)n Is prepared. based on the particular skllls whi( ar8 required at the tirne to oJn(ribute lo the dmnvs managenl and devdcpment. Potential tnjstees are sometimes suggestgd by member3 of Ihe Boord of Trust$. ty rny be touTrJ by other means of rewthl. AII trustees must be memb8rn of this thwity and ihe White A$JCKi8t Inc {reg¢st8rad ¢1panY nUrnr 391771. ganlutlonal structure Tmfj Committee of Management currnnlty (ThSi8ts of five mgnknrs.Th A86 of AsatIon rgqylrg that a quowm of at least five members be present when the meeb.ng proceeds to business. The day to day running of the business Is delegated io an adminisir8tor who liatses the memt*rs of the Commrttee of Management. p84
WOMEN'S TOTAL ABSTINENCE EDU¢AnONAL UNION LIMITED R•port ofthe Tru5ts85 for the Year Ended 31 Dernber 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Inductlon and tralnlng of new trustees Al Iruslees are familiar with the practKal wcrfk ol ts dnty. New trustees are invrted and erraged lo attend a meetiro with the secretary and olhef trustees lo larrlliarise themselves the obligations and responsibilit$ ol the committee of management, the govemir#J dcments of the tharity. ihe CUrrt finanal pc61tion of the organisation and its future plans arKJ rtJjeciNes. REFERENCE AND AOMINISTRATIVE DETAILS R•gl8t•r•d C<)mpany number 00498913 IEngland and W81esl Ro918t•TOd Char5ty numb•r 209413 R•g18t•r offl¢• Rosalind Carlisle Houge 341 Tanworth Lane Solihull West Mjdlands 890 4DU Trust••• Mr8 R Harrod Truste Mrs G P Williams Tru51ee Mr8 A Hindley Trustee Mrs M E Ayr&s Trust8e Miss C Hindley Trvsle8 Compny S•cr•tary Mrs M E Ayr08 Audllor• Knox Croppw LLP 153-155 London Road Hemel Hempstead Hertfordshire HP3 9SQ 8ank•rs Lloyds plc 195 Edgwarg Roa(J Paddington London W2 IEY EVENTS SINCE THE END OF THE YEAR Infomatson relats'ng to events since Ihe end ofthe year is grven in the rKX¢$ to fin8nci81 ststements. STATEMENT OF TRUSTEES, RESPONSI8ILmES TtrE truslees (who are also the directors ol Wotnen's Total Abstinen Educaticfftal un Limited for the purposes of company lawl are resnsibl for prepariThJ Ihe Report of the Trust8ès and the financial staiements in accordance with applicats4e law and Uftitod StaThJards IUnit8d Kingdwi GenerlY Accaptad Accounting Practif*l. PwJe 5
WOMEN'S TOTAL ABSTrNENCE EDUCATIONAL UNION UMrfED Report ofthe Trust88s Ivth• Y•ar Ended 31 Doc4fflbor 2024 STATEMENT OF TRUSTEES, RESPONSIBIUTIES - contbnuod Company kgw requiies the twstees lo prepare finanoal statements for e8th finanoal ar which give a tru& and falr view of the state of affairs of the charilable o)mpany and ol the inccn#ig restxJrce5 and applicatsu) of re5cMJrces, including the income and expèndrture. of the Chants0 mpanY for that piThY. In weparing those financial slalements. the Iwslees are wuir&J to select SUrtab accountiThJ licieS then apFAy Ihem c¢Isten, observe thè met5 and prinoF4es in the Charity SORP., make judgements and ests"mates that are reasonablg arMJ prwjenl.. prepare the finan(>al stslements on th8 90ing tsjncem basis unbss it is inapprowale to prèsume that the cha9 MpanY will conb"nu• In fwwnotss. The twslees responsiNe f(x keeping prcyer a¢o)unb'ng reojrds lch dis()se wrth reasonable accuracy at any tirne the financpl positmjn ol Ihe chanlable company and lo enabk them to ensLtre that Ihe financial statements comply with thè Companies Act 2. T1Y are also respSlo19 lor s8feguardirKJ the assets of the charit8ble company and hence taking r•astyth steps for the prev¢ntTh and d8tec1ffl offr8 and oiher iryu1are8. In so far as tho tnJSts •w8' there 15 no rdwanl audSl infomiats.on of th8 thantablg auditors are unaware,. aThJ the trustee5 have taken all thal t oughl to h8ve tsken to make aware of any relevant audit infornabon and to establish th81 audit 8 8W8re ofthot infomwlKn. Approv&J by ord8r ol board ol trust88s on . aThJ sh)néd on hs th by.. MrsMEAy
R¢port Oft Ind•pendent Auditorn to the Mtmbern of Wom8n's Total AbstTrnence EdurAtlonal Union Limited Oplnlon We have audited financial stalerwits of won,$ Tot81 Abstinere EdUrtral Unk)n Limited (the 'charitable company'l for thè y8ar ended 31 December 2024 whth comprisè the Statement of Finanaal Activit, tho Balance Sh88t and notes to the finanoal StatennIS, Indudry 8 summary ol Sgnrfant 3cntsng pol. The financial reportiThJ framework thal has b8en akv1 in their preparation 1$ aptAi(atAe Lgw and Untted Kingdom Acc(kJnling Stsndard5 (United Kingdom Generalty Acwtèd An11r¥ pract). In our opinion thè finala1 stsleNnts'. give a true and lair of the stste of ch8rit8lk companys affairs as at 31 December 2024 and of its incoming resour 8nLI op1¢81)n of reSoUs, includir4J its incA)me and expenditure, for thè y&ar than 8nde(l., have b8en prorty prgpared in accDrdanc8 wth Unrted Klngdml Generally Aepted AwxsLmtlng Practi¢a; and have been prepared in accordance with Ihe requirements of the Companies Act 2006. Ba•1• for oplnbon We conductéd our athyit in accordance with Intematw)nal Standards on AlIting IUKI IISAS IUKII and applicab law. Our rosponsibilils under those slaTh1ar(l$ are further (Jexnted in the Audit5. responsit¥'lities for thè audil of the financial statements se¢b"on ol wr rew)rt. We 8re independent of the charitabk MpanY In accordance wilh the ethical requirements that are relèvant to our audil of the financial statennts in the UK. indLding the FRC'S Ethical Standard, 8nd we have lutfillèd our other ethical respOnsi.11b8s in accordanc8 Ih8sa requirements. We bglieve that the audit gwdgnce we hgve claine(l is sufficwl and 9ro"ate to provN18 a basls for our opinion. Conclu•lon relatlng to golng conc•m In auditing the financial stsiements. h8ve (yAude that U)e trusl88s' use of the goirvJ ec4)cm ba618 01 accounting in the preparation ol the finarKial slatements is appropfiate. Based on tho work we have p&rftymed. hav8 not iJenlrfd any matsrf81 unc8rt8knti88 rek9ts"rKJ to events or e£Ind.0ns that, Sndfvidualty or colltety, may cast signifunl dwbt on the charitabk company'5 abllity to c¢ntlnu8 as a goin9 concom for 8 p8rKJ ol at least mnths Irom when the financial ststwrgnts ara authorisod for issue. Our rgspon3ibililies aThJ the reS[nSibilS of the tN8tO88 wlh r98P8cI to ¢))ncwn are descrrt)ed in the relevant ectK)n$ ol this rgporl. Oth•r Inlorm•tlon The trustees are responsible for ¢he Olhtrr inlfjmalion. The other infomi3ti conw'ses thtr in10matn kndud8d in the Annual Report. oth&r than ¢he financaal st81enwts arxl (wr Rewt of the Independent Auditors thereon. Our opinion on th8 finanual ststents dc4s not cover the other infomi8lK)n and. except to the exlent otheM88 explicilly 518ted in our rewrt, not express any Icm of assurance conduson thereon. In conn8CtH)n with 1r of the finala1 st2tem8nls. our respoThitr41ty is to fead th& oiher Infornialn and, in dtyrYJ $0, LyJnsidtr whether the other informali is materialty IncsistenI wilh Ihe finano81 $tat8rnénts or our knowledge ob¢8ined in thè audit or othèrwise appears to matwially missts18d. 11 we wJentify such malerial inconsistsnciès or apparent material missiat$mgnts, w8 are requirgd to deiormine whether this givas riso lo a mat8rial misstslement in thg flnancial statements themsolvas. If. b8sed thè work we have pwfomod, (xJndud8 Ihat th8r8 is a rnaterial misstatement ol this other information, we 8rg rgquired to rep)rt that fact. We have nothing to roport in this regard. Oplnlon$ on other mattern prwrilJ•d by th• Crynb•s Act 21)6 In otjr opinion, based on Ihe work undertaken in Ihe c(xJrse ol th8 aLJdil'. e inlortllab.on 9i¥èn in the Repori ol ihe Trusw f¢x finarvjal year the finanaal ststenw)ts ar• epared is con5iStenl the financial ststements.. aThJ . the Rewt Of1 Tmsts88 h88 been kYeporwJ in adara with app8b legal requirem9nts.
R•port oftho Independent Audilorn to the of Womon'5 Total Ab5tinen¢ Edu¢ationJl Union Limited Matters on which we are requlr•d to r•port by •xc•ptlon In the light ol the knedge and understandir4J ol the charitat4e ccryany rts environment obtained in the Course of the audit, we have not Identif material missrathents In th& RekYy1 of the Trustees. We have mthing lo report in resFCt of the fc4ltrwing matters where tr clpani&S Act 2006 r8qulres us to report lo you il, in our opinion". adaquate a¢u)untirrfJ r8(xyds have Th)t been kept or relums &Jequate for our aLJrt have not been received from branches not visited by us.. or thè financial statements a nol in agreement wlh the accojniing record5 and retums., c certain disclosure5 01 trustee5' remurW81 stwifi&l by law a not made," or we hav& not rg¢eNed all thg Infomiatth aThJ explanatnS w8 requlr8 lor our audbt., the trustees were not ente to tske ad¥anlage of the small ¢(mpan$ eXemptn Irom Ihg rgquirgment to prepare a Strategic Report ry in preparing Ihe ReFat of tha Twstses. R••ponslbllW•s of tru8t••s A5 explained rnore fully in the Ststement of Trustees. Resrthsibililies. the Iwslees (who 8r8 8190 the dlrectors of the charitable company lor thè purposes ol compony lawl are IeSwnblB lor the weparatson of the financial slalernents and lor being sabsfied Ihal thgy gi a tnje and lair vw. and for such iniemal control as the trusloes determine is necessary lo enable th8 pr8p8ralK)n of Iln8n¢491 ststenwis that ar8 free from material mlsststem&nl, whether du8 to fraud or error. In pr8p8rirYJ the financ481 slalem8nts, the trustees am reSpM&b for è8sessing tharit8ble companls ability to continue as a going concem. disclosing. as apb$s. matlers related to going cijncem and using the going concem basis of accounting Un$$ the trustees ther inleThJ to liquwjate the charitable company or to cease operations, or no r¥oli$tic altwnalw to do 80. Our rMponlbllltl•• for th• •udlt ot th• flnanclal stat•m•nts Our objeclwes are to obtain reasonab assurance aJt wh8ther th8 fin8no81 statwntrnts 88 a whole arè fr8tt from material misststernenl, whethgr due lo fraud or grror, and to issuo a RgFort ol th9 Indepgnd9nt A(Klitors that includes our opinion. Reasonable assurance 15 a high ol assurance, trwjl is r1 a guaranlee that an audit conducted in aOrdance wth ISAS IUKI will ah¥ays deted a material misstatement when it èxists. Misstatements ¢an arisè from fraud or error and are considered material rf. indNKlually or in the aggregale. they ovukl re8sonatAy be expected lo innu¢ncg the deci$ion$ of uaers on ts•$ of lh8 finarKio1 slaleffnts. Th• thnt to which our woceduras are capablè old8tKting irregularitio5, kndudlr@ fraL•J Is d•taik8d bal.. . The Charitable Conpany is required to Mth both c(¥npany taw and charity law 8nd. based on our knoe of ils actNrties, we idenlified that th8 al requirem1 lo ac(JJfatefy account for restricted funds was of key signrfic8nce. . We goined on und•rstAnding thè d)Jritabki cAynwy cunpld tmih its Wl and regulotory framework, induding the fgquir9menl lo prrty accwnt for SIn"(A8{1 lutxls. thffwgh discussk)ns vAth management atMI a view of the dcctJmeTrted pdiryes, procedures and o)ntrds. . The audil team, which is experienced in the al1[ of tharitie5, considered the charilabl8 mpan5 susceptibility lo material misstat8m8nl an(1 fraud may OCCUf. Our ¢onsidefats induded the risk of management override. . Our appro8¢h was to (*eck that all restr¢ in¢ome was prryxrty Identif and separatèly accounted f¢y 8nd lo ensure Ihat only v81id arvj approw.ate exrththlure w88 ¢harged 10 rt8inrted fuTrts. ThL8 in¢Juded reviwng joumal adjustments and unusual tran58¢Jws. A further des¢riptKJn of resrthsi)ilities for the audit of finanLyal 8tatWts is kxated cffi th& Finan¢o1 Reporting Counal's website al VhVw.frc.org.ukJauditcfsress1tlIes. This descrip fcrfms part ol our Report of the IndeFendent Auditcws.
Report of th• Independent A15 to the of Women's Total Abstlnence Educawonal Union mItsd Uso ot our report This report 1$ made SOlY to the dlaritsble companys nrt. as a t)Jy, w) ao)xdance Chapter 3 of Part 16 of the Companies Ad 20LhS. Our audit wc¥k has tsen undertaken so that we mvJhl state to the charitsble (y)mpany's members thostr matters we are required to stste to them in an audrtors. and for nts other purrx)se. To thè fullest extenl permitted by law. we do Th)t a¢(wt or assume resF¥Thibilty lo anyone other Ihan the chafitable company and the chantabl• 1mpanS meners as a trxxty. our audit %bY)rft. ts this rewL or fof opinKJns we have forN*d. Stephen And8rson (Senr Statuw Audit) for and on behalf of Knox Croppor LLP 153-155 Lon¢Jon Road Hernel Hempstead Hertfordshtrè HP3 9SQ Data.. ............................................. P•3e 9
WOMENE TOTAL ABSTINENCE EDUCATIONAL UNION UMrrED statement of Flnandal ActM15 {lnrpOratIng an Inc¢m• and Expenditure Accoyrt} for the Year End¢d 31 December 2024 2024 Total funds 2023 T¢Xal fuTh1s luThJs runo Notes INCOME AND ENDOWMEKfs FROM Donallons and1ggacle8 475 475 Other Iraijing ath'¥itS Investment inD)me I2) 281.701 276,505 276.505 Tot•1 276.980 276,980 281,504 EXPENDITURE ON Raising funds 69.846 Charltable actlvltl•s Abstinence Edtjcalion 249,301 249,301 221.774 Total 319,147 319,147 286,324 Nel gains on inveslments 409,399 NET INCOME 404,579 RECONCILIATION OF FUNDS Total funds brought forward 9.803,780 9,803.760 9.399,181 TOTAL FUNDS CARRIED FORWARD 10.386,537 10,366.537 9.803.760 The nots5 frArn wt fmaryial Slaterr1 Page 10
WOMEN'S TOTALABSTINENCE EDUCATIONAL UNION LIMrtED Balan¢e She 31 Decernbgr 2024 2024 Total fvnds 2023 Total fvrn1s FIXED ASss Tangible asseis Inv•stmonts Investsnents Investment proFety 10 $59,2D8 559,208 56S,974 11 12 8.953.078 365,1)00 8,953,078 365,000 8,263.033 840.000 9.8TT286 9,877,286 9,669,W7 CURRENT ASSETS D8btors Invgslments Cash al bank and In hand 13 14 4.175 365,000 152.T81 365,000 1S2,781 186,411 52(129 526.129 170,586 CREDITORS Amounts falling dué wthln one yoar 15 136.878) 136,8781 135.8331 NET CURRENT ASSETS 489,251 489,251 134,753 TOTAL ASSETS LESS CURRENT LIABILITIES 10.386,537 10,366,537 9,803,760 NET ASSETS 10.386,537 10,366.537 9,803,760 FUNDS Unre5tricled funds". Unre51ricled Central Funds Flxed Asset Fund RevalualK)n Reserve 16 9,077,329 974,447 314.761 8,397.786 981,213 424.761 10,368,537 9,803,760 TOTAL FUNDS 10.366,537 9,803.760 Th686 financial $ts¢onxnls have been prepat&J in x¢*yda Ihe FWrfl5iS apFIKat4e to charilab companies subject to tha sm811 companies fegim&. ncial tatements were approved by the Bowd of TnJstee8 and guth's8d for isBue on J. and wore sgne(l ffi its behall by: Jli.4_9 EAY Pag811
V4OMEN'S TOTAL ABSTINENCE EDUCATIONAL UNION LIMffED Not•s to the Flnan¢ial Stat•m8nts forth• Year Ended 31 Dowber 2024 ACCOUNTING POLICIES Basis of prnparlng th• finan¢l•l •tatsm•nts The financial slatements of the thar5table (xjmpany. is a publr bfil entity under FRS 102, have been prepared in accordance wilh the charib.es SORP IFRS 1021 'AcccMJnb'ng and ReWiro by Charities.. Statemenl of R0MMerjaI PraCte aptAubb to chaiifs preparing their ac£ounts in aCrdance wilh the Financial Reports'ng Stsndard applicabb in tho UK and RepU1J of Ireland IFRS 1021 leffeciive 1 January 20191.. Finan(yal RwrtirKJ Standard 102 The Fwwaal RaF<s"n9 Slandard appllcable in the UK and Ropubllc of Irel8n¢J and th8 Companies Act 2CQ6. The finano81 Statements have bgen prepared undw the historical cost wnventKJn. ¥Mlh thè exceplion of investhwnls which are induded at market value, as modified by the revaluatJn of cert8in assets. Incom• l income is reccrfJned in th? St8lennt of Fnancial Acth once the charity has entitlement to t lunds. il is probable thal the Ire 11 be received arml the amjnI can m&asured reliably. Exp•ndltur• Li8bilili8s are reLx)gniseO 8$ expenditure as sn as there is a al or $Vu¢Ve obligation commllling the charity to that gxpendilure. il is probable that 8 transler ol aconrmic benèfits wll be required in settlement and the amount ol the oblalK)n ¢an i measured rely. Expen¢Jthre is accoJnt8d f(y on an accruals basis and has been classffied under adingS Ihat aggrwJale all cosl felat8d to the (3legory. Whera costs cannot dir8clty attributed to pariulaf hadiro$ Ily have teen alctatwj to xINitS on a bass ¢onsi$t&nl wth the use of resoJfCOS. Tanglblo flx•d ass•ts Depreaats'on is prow¢Jgd 81 folkMThJ amual r8tg5 in tyder to wrlte off each 88881 over ils esllmated useful Fr8•hold proF4ty Fixtures and fitiirwJs 2% on cost 25% crnl Inve8tm•nt prop•rty Investment propety is shlywn at most recent vahjat. Any a3[egate suwus or defiLIt arising from changes in fair value is re(x)gniged In the Stateinent of Financwl Ath.ti. Taxatlon The charity is exempt from thx on its thantth acliwlies. Fund •¢¢ounllng Unrestricted funds can be used in amwdor¢e with the dwrrtable obPctiV at Ihe dIsCret)n of the trustees. DesJnaled fund$ ar• set asije by Iho trustees out ol unrestred ganwal furvjs for Swdfic luture purpo or projacts. Restricled fijnds can onty used fty re5trthd pwposes 1h1n Ihe ctyds ol tho d)arity. RestricInS arise whgn spgofied by Ihe or OT vthen ftmds are raised for parlKukqr restn.cted purpxxe5. Furthgr explanatlon of the rklbjre and purpose of eath furfj Is indLJed in thè nolas to ihe financial statements. Pènsion Costs and other post4¥tirement beneffts The charitable Ccmnpany (yerates a defined 0)ntritmJt sctre. Contrilwbcns payable lo the charitable c(xnparrfs pern 5the are charged to Stslemenl of Finanaal Activities in th8 pèri(A1 to whith they relate. PJe 12 continued...
WOMEN'S TOTAL ABSTINENCE EDUCATIONAL UNION LIMITED Notes to th• Finawal Statements. ¢ontiN•d lor tho Year Ended 31 D•¢•mbw 2024 ACCOUNTING POLICIES- contlnu•d Inv•stments Investments held as fixed asset are revalued al mKl4nawket value at the balan$ sheet dale and the realised and unrealised gains losses taken to Slatsment ol Financi Acb"vities. Golng Concern After reviewng the ¢h8ritys fc¥Bca$ts atN1 tnth hove a reasonab expectslion that tho Charity has adequate resources io ConnUe in operational exisl8nc the fc6seeable frjture. The tharity therefore conlinu8s lo adopt the going (cM baS In preparing the financial statemenis OTHER TRADING ACTNMES 2024 2023 EdtIonal semin 12WI INVESTMENT INCOME 2024 2023 Rents rewved Investrnent InMe Dèposit account Intere81 13.98Q 249.212 13,313 15.360 264.258 2,086 276.505 281.704 Fi4ISING FUNDS Inv••trn•nt m•n•9•m•nf ¢o•ts 2024 2023 Portfc4io managgrwt 69,846 64.550 SUPPORT COSTS Total• AbsUngn¢e E¢Juc8Uon 141447 146 31,050 176,843 Pèje 13 0)ntin...
WOMENE TOTALABSTINENCE EDUCATIONAL UNION LIMrrED Notss to Flnan¢lal Slatgrngnts-contSnuod lor tho Ymr Ended 31 O•wnbor 2024 SUPPORT COSTS- ¢ontlnu•d Support costs, indudgd In th& above, are as folkAYs: M•nag•m•nt 2024 Absbrnce Educats"on 2023 Totsl actiwliè$ Salaries Employees Pen8lon8 Rates and wator Ground rent & s8MC0 ¢hanJ•s Light and heat Premises insurancè Websils aThJ IT expense8 Repai and renewals ProlessKJnal charges Trav81, hot81 & subwste Stalf relsh[rents & events Telephone and Intornet Bookkeeping lees Cleaning and g8rdeniro Archive management D•prociatNJn of lan9ible a558t 82.283 2,925 1.746 6.230 6,274 1.800 915 17.266 4.060 1.947 767 62.333 2,428 1,836 5.453 3.209 IA73 17.671 6.120 1,014 1,132 1,026 5,200 8,305 18,065 7,135 4,81)0 6,670 $42 8,786 145,447 141420 Flnanc• 2024 2023 Abstbrn¢• Educai Bank ¢hanJ¥s 148 Govern•nc• ¢osts 2024 AbStIr EduLlts) 2023 Trust88S' OXP8nses Auditus, remuneralkin Legal fee5 1,285 1Q,098 19.687 8,019 31.050 17Ag9 Pe 14 tinued...
WOMEN'S TOTAL ABSTINENCE EDUCATIONAL UNION LIMtrED Note5 to tho Financial Stat•mgn¢8. ¢ortlnu•d lorth• Y•ar End•d 31 DO¢•fflr 2024 NET INCOMEIIEXPENDMJRE) Nel incomellexpeThYiture} is staled after chargiW((Thl"nyl". 2024 2023 Au(lOrS. remuneral DeprlatIon - ovmed assets 10,098 6,766 9.480 7.155 TRUSTEES. REMUNERAnoN AMD BENEFITS Th&r8 w8r8 no tDJst, remuneratth or othor bofits for the yoar ended 31 Dèc8fflbar 2024 nor for the year gndg(131 De¢8mber 2023. Tru•tws' •xp•n•g4 2024 2023 Trust$. expen 1,265 DurirKJ the year, •wns•s for travel aThJ hotel were p8NJ for 3 truslo88. STAFF COSTS 2024 2023 Wages and salaries Other penslon costs 138,851 2,925 117,130 2,428 141.nfj 119.558 The average monthly nunknr ofenybyees durity fv year was as Ik'. 2024 2023 Admln & support st2ff No employe8s rKwv•J erTr)knments in excess 01£60.CW. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVMES Un$trj Restr#aed fu Tgtal ftJnd& INCOME AND ENDObWENTS FROM Oth8r trading InStment inoJme 12001 281,704 I2) 281.704 Total 281.504 281,504 EXPENDfwRE ON Raising funds 64,550 64.$50 P*J815 cfjntinued...
WOMEN'S TOTAL A8STWENCE EDUCATIONAL UNION UMtrED Notes t¢ ¢h• FlnanGlal Statements- con11nd for th• Year End8d 31 0Mber 2024 COMPARATIVES FOR THE STATEMEPIT OF FINANCIAL ACTMTIES - Contlnuod L)rBStra6d Restrirt&J fijnd Total fvnds Charftabl• actl4tt1•• AbstinerTh Educati 221,774 221,774 Totsl 286.324 286,324 Net gabns on IrWestrrts 409,399 NET INCOME 404.579 404,579 RECONCIUATION OF FUNDS Total luThJs tr%ht forww 9.399,181 9,399,181 TOTAL FUNDS CARRIED FORWARD 9,803.7 9,803,760 10. TANGIBLE FIXED ASSErs Fixbjres Fr08hrAd fing6 Totsls COST Al 1 January 2024 arvj 31 D8cemb8r 2024 665.716 6,516 672,232 OEPRECIATIOM Al 1 January 2024 Charge for y•ar 101,096 5.875 5,162 891 106,258 6,766 Al 31 Decomber 2024 106.971 6,053 113.024 NET BOOK VALUE At 31 Dècember 2024 558,745 163 $59,208 At 31 December 2023 .620 565,974 P8 16 cOn.nued...
WOMENS TOTALABSTINENCE EDUCATIONAL UNION LMirrED Notes to t Flnanclal Sl•t¢ments. contlnuod for th• Yo•r Endod 31 De¢embw2024 11. FIXED ASSET INVESTMEKrs 2024 2023 Shares Other 8.303,955 649,123 7.645,930 617.103 8.953,078 8.263.033 Addltkx)al Informat1 as fdbws: Listed investments MARKET VALUE Al 1 January 2024 Ack1¢$ Disposals Unrealised gaithss Realised g8inwlosses 7.645,930 2.022,232 {2,079.1511 625,199 89,745 Al 310ecanb8r 2024 8,303,955 NET BOOK VALUE At 31 08c*rnb8r 2024 8,303,955 Al 31 OerMnb8r 2023 7,645,930 Included within listed inveslm•nts V+we InStsOnI assets wtsido UK of £2.834,36612023.' E2,318,5181. The ftlk)wi)g invèstmonts repyesent th)s8 hokJirg¥ thgt. by marke¢ value. exwd 5% of th8 totsl math81 value of tho listed inv•stThnt Fv01k}s. Proportlon of total Mark•t Slsted valu• values£ 444,755 428,499 437,077 UBS AG Wealth Man49gment UBS ILUXI FD SOLUT MSCI Emrging MrktsSo¢ Res UBS IRL ETF PLC MSCI USA SOC RESPA USD Charits'es Prop8ty Fund Units Holdlng 41,0(KJ 28,OC 366,521 Cost or valuation ai 31 Drntl 2W24 is reF¥eserrted by.. Ll$tgd Inv•stm•nts Valuation in 2024 8,303,955 17 (xjntinued...
WOMEN'S TOTAL A8STINENCE EDUCATIONAL UNION LIMrrED Notes to the Flnawal Stat•rnents. torrtlThJ•d for tho Year Endgd 31 D•¢•mb•r 2024 FIXED ASSET INVESTMENTS- condnued Investhnts {neitheT li8ted ror urdistsdl were as 2024 2023 Cash hdd by investment manager 649,123 617,103 12. INVESTMENT PROPERT FAIR VALUE At 1 January 2024 Revaluation Reclassification 840,000 1110,0001 136S,0001 At 31 Oecember 2024 365,000 NET 800K VALUE At 31 Dec•mber 2024 365.000 Al 31 December 2023 840.000 Investment pr4)èrtlas 0sist ol free1d prcfty at 23 Bellington Croft, Mcmk5path. Solihull. West Mkllands Bg) 4XP and lea5elKJld proFty at Grwnd Fkx)r Flal, 29 N8therwix)d Road, London. W14 OBL. The leasthold Pfoperty, GrouTrJ Fk•)r Flal. 29 N8treM(KMI Road. Lorlon, W14 OBL, is currently In the process of being sold for a valw of £365.OthJ. wth a cK)mrAèts"on date expected to be in September 2025. OCCOTdingty, Ihe valug of lh* wopety has been 1edassifliO current a9881s. The freehold prop8ty was value(J by Tim Boffey SuN8y(xs and the leas8hold prwrty was valued by Pèt8r Bary Survèyors, both valuations based on on market valug, assumiTrJ that th8 propert$ would b8 sold su¥'8d lo existing tenawes. 13. DEBTORS: AMOUNTS FALLING DUE WITHIM OME YEAR 2024 2023 White Ribbon Assua8th (Note 16) Othèr debtors Pffjp8yments and accaugd income 100 3,822 4,426 100 4.075 4,17S Py18 continu8d...
WOMEN'S TOTAL ABSTNENCE EDUCATIONAL UNION UMITED Notss to th? Financlal Stalements-continued for the Yoar Endod 31 O•comb•r2024 CURRENT ASSET INVESTMENTS 2024 20rJ InvèslThnt prOty 365,000 15. cREDORS. AMOUNTS FALUMG DUE WITHIN ONE YEAR 2024 2023 Social sgwrity and other taxo5 Amals and deferred income 2.479 33,354 36,878 36,878 35.833 16. MOVEMENT IN FUNDS A11.1.24 nds 31.12.24 Llnr•strlct•d funds Unrestricted Central FuThJ8 Fixed Asset Fund Revaluation Reservo 8.397,786 981.213 424,761 679.543 16,7661 (110.OIKII 9,077.329 974.447 314.761 9,803.760 562.777 10.368,537 TOTAL FUNDS 9,803.760 $62,7n 10.366,537 Nel rrThemenl In funds. irKIL*Jed In ts atove arn a8 fdth.. IrKthYM Gain$ Movern&nt in lund¥ Unwtrf¢t•d lund8 Unrestricted C8ntr81 Fund8 Fixed Asset Fund Revaluabon Reserve 276.980 1312,3811 16.7661 714.944 679,$43 16,7661 1110,0001 1110,0001 276.980 1319.1471 562.777 TOTAL FUNDS 276.980 1319.1471 562,777 Paje 19 rxJnb"nued...
VIOMENE TOTALAasTINENCE EDUCATIONAL UNION LIMITED Notes to th Financial Statsmwts. cOnnued for th8 Ygar End¢(131 Oxombw2024 16. MOVEMENT IN FUNDS- contlnu•d Comparativ•s for mov•m•nt in fund Net vern8nt In fund5 At 31.12.23 1.123 Unr•slrlct•d funds UnStriCted Cèntral FuThJs Fixed Asset Fund Revaluation Reserve 7.991.052 988.368 419,761 4.734 17,1551 8.397.786 981,213 424,761 9,399,181 404.579 9,803.760 TOTAL FUNDS 9.399.181 404,579 9,803,760 Comp8rntNe W nement in fvnd$, irK4ud8d in thg above are as Ik.. Ino)miNJ R•SWr Gdn$ 8nd k)s$85 Mov8rn9nl In funds Unr•itrlct•d fund• Unrestricted Central Funds Fbxed Asset Fund Rev81u8bon Resgrve 281.504 1279.1691 17,155) 404,399 406,734 17.1551 5,000 281.504 1286.3241 409,399 404,579 TOTAL FUNDS 281.504 128fj.3241 409.399 404.579 A oJrrenl year 12 rrnIh5 and yew 12 nth9 c¢mbined [sthn is 08 folkm: monl in fiJTrJs At 1.1.23 31.12.24 Unr•Btrlct•d funds Unresincted Central Funds Fixed Asset Furn1 RevalLtation Reserye 7.991,052 1.086,277 113,9211 (105,0001 9,077,329 974,447 314,761 419.761 9.399,181 967,356 10,366,537 TOTAL FUNDS 9,399,181 967.356 10,366.537 Ctinu8d...
WOMEN% TOTAL ABSTINENCE EDUCATIONAL UNION LIMrtED Nots$ to th• Flnanclal Statern. ¢ontlrw•d for tho Yejr Ended 31 D•r•rnber 2024 16. MOVEMENT IN FUNDS- ¢ontlnuod A current year 12 nbJnits and pry year 12 nthS CA]mtsrl not nh)vement Wi ftjnds. indLJed in the above are as folh)ws'. IrKomiThJ RtJrCe5 Gains and sses Movem•nt in funds Unr•strlcted fund• unrestred Central Funds Fixed Asset Fund Revaluation Res8Ne {591,5501 113,9211 1.119,343 1.086,277 113,9211 1105,0001 1105,CQOI 1605,471 1,014.343 967.356 TOTAL FUND8 160S,471 } 1.014.343 967.356 The Fixed Asset FuTrJ represgnts net bx value ofassets frjndgd frryn unreslri¢te4J resews. CAPITAL COPAiiifMENTS 17. There wgrg no Cp)mmttrrnts gs al 31st Oecerthr 2024 or 2023. 18. RELATED PARTY DISCLOSURES IrKluded in debtoTs is an arrtt)unl due from Whte RJ'bt#)n A580uaticffj Ltd, a r819¢gd paty. amounts'ng 10 £100 12023.. £11%)). board of White RibtM)n A88(xYalth Ltd 15 C4]mprd of Twstee8 from tho charity. POST BALANCE SHEET EVENTS 19. Ong of the inveslm8nl proF4rtw. Ground Fk)or Flat. 29 NothfrTh Road, London. W14 OBL, Is wrrenlly in the process of beir¥J sold for a valuè of £365.CKXI, a complèth.on date exFQCtod to bo in Sèplerrtjer 2025. See not9$ 12 and 14. Pa3e 21
WOMEN'S TOTAL ABSTINENCE EDUCATIONAL UNION LIMtfEO D•lal*d Stat•men¢ of Financial Activlll fortho Y•ar Ended 31 Dec•mber 2024 2024 2023 INCOME AND ENDOWMENTS Donatlon$ ¥nd legaci•s Donations 475 Othor tradlng adivltl Educational seminars 12001 Inv•$tsnent Incom• Rents reCVed Invgstrnenl income Dwosil accryJnt int•res1 13.980 249,212 13.313 15,360 264,258 2,066 276,505 281,704 Total Incomlng r••ourc•s 276,980 281,504 EXPENDITURE Inv•sthi•nt manag•m•nt ¢ts Portfdio managomenl 69,846 64,$50 Charltabl• actlvltS•• Salaries Printlng, postsgo & slalior Website and IT ex88 Don8I'ons paid T91¥phe and Intemet PromoUty)s & marketiThJ cc¢ts 54.797 4,937 725 8,601 2,136 100 1,065 4,188 505 745 72,658 61,709 Support cost• Manag•m•nt Salaries Employerfs PensKJn$ Rates and water Ground rent & Sae• char90$ Llght and heat Prenmses insurance Website and IT expenses Repairs and renewals Prof8s$ional Charges Tr8Vg1. hotel & subsistence Staff refreshments & events Telephone and Interrt Carried foThvard 82,283 2,925 1,746 6,230 6,274 1,800 915 17.266 4,060 1,947 767 456 126,669 62,333 2,428 1,836 5.453 3.209 1.473 17,671 6,120 1.014 1,132 1.026 103,695 Pa98 22
VIOMEN'S TOTAL ABSMNENCE EDUCATIONAL UNION UMrrED 08tslled Stat•ment of Flnandal for the Year End¢il 31 Doc•mber 2024 2024 2023 Manag•m•nt Brought forward BkkeepIng fees Cleaning and gardeny Archbve management Depn ol freehold propety Depn ol fixtures and fittln98 126,669 4.800 6,670 542 5,875 891 103,895 8.305 18,065 S.874 1.281 145A47 142.420 Flnance Bank charges 146 G¢v•rnane• ¢ost• Trustees. exponses Auditors. remunerati¢)n Legal le8s 1,265 10,098 19.687 9,480 8,019 31.050 17,499 Totsl re80uice$ oxr*nded 319,14T 286,324 Not •xp•ndlturn b•for• qaln• and I8•¥ 142.1671 14,8201 Reall$ rocognlsed galns and Realised galnslllossesl on flxed assgt investrments 89.745 21,881 N•t Incom• 47.578 16.861