**REGISTERED CHARITY NUMBER: 222746** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **FOR** ## **FRANK CROSSLEY'S ALMSHOUSES** Bairstow and Atkinson Chartered Accountants Carlton House Bull Close Lane Halifax West Yorkshire HX1 2EG **FRANK CROSSLEY'S ALMSHOUSES** ## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2022** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|13| |**Detailed Statement of Financial Activities**||14|| **FRANK CROSSLEY'S ALMSHOUSES** ## **REPORT OF THE TRUSTEES for the Year Ended 31 December 2022** The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The charity provides almhouses accommodation for people of limited financial means in twenty flats and one house. The formal charitable objectives as stated at the Charity Commission are: **"Income to be applied for the provision and maintenance of almhouses and for the benefit of the residents of the almhouses who shall be poor persons, with a preference for poor persons who are members of a protestant trinitarian church."** ## **Public benefit** We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The charity continued to provide almhouses accommodation in twenty one dwellings during the year, with income from maintenance contributions increasing from £87241 to £96735. Repair and maintenance costs were £38380 (2021 £115,961) .Net income for the year was £28241 compared to net expenditure of £64529 in 2021 . With the completion of the internal refurbishment programme in 2021, culminating in full modernisation of the ex warden's house for use by suitable residents, our aim was to maintain 100% occupancy, as far as practical, and ensure good quality of accomodation and 'best practice' property management. The strengthening and consistency of income stream allowed us to target key external repairs, for example the numerous Hip Roofs at the rear of the building. Another key achievement was to change our accounting/secretarial/advisors so we could illustrate 'best value' and efficiency of working. Throughout the year we worked with our managing agents, Walker Singleton to ensure 'best practice' As an example, this led to improving the external signage to prevent slipping etc and improve the external lighting to enhance safety. The Charity added two new trustees in December 2021, an architect and chartered surveyor and their appointment added further strengthening to the board. ## **FINANCIAL REVIEW** ## **Financial position** The Trustees regard the financial position at the year end to be satisfactory. ## **Investment powers and performance** Under the trust deed the trustees have the power to make any investment that they see fit. The investments of the trust are reviewed annually to confirm their sustainability and adequacy. ## **Reserves policy** The trustees aim to maintain a sufficient level of reserves in order to continue to maintain and repair the almhouses properties over the coming years. They consider the current level of reserves adequate at this time. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust dated 25 October 1982, and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** The trustees are appointed for a five year term by resolution of the board of trustees. ## **Related parties** Details of any related party transactions and balances are disclosed in the notes to the financial statements. Page 1 **FRANK CROSSLEY'S ALMSHOUSES** ## **REPORT OF THE TRUSTEES** ## **for the Year Ended 31 December 2022** ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 222746 ## **Principal address** Carlton House Bull Close Lane Halifax HX1 2EG ## **Trustees** Mr David John Berry Jonathan Dixon Christine Hanson Angela Seddon Gillian Putnam Robin Dixon Neil Dixon ## **Independent Examiner** Bairstow and Atkinson Chartered Accountants Carlton House Bull Close Lane Halifax West Yorkshire HX1 2EG Approved by order of the board of trustees on 15 May 2023 and signed on its behalf by: Jonathan Dixon - Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRANK CROSSLEY'S ALMSHOUSES** ## **Independent examiner's report to the trustees of Frank Crossley's Almshouses** I report to the charity trustees on my examination of the accounts of Frank Crossley's Almshouses (the Trust) for the year ended 31 December 2022. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Peter Dyson FCA Bairstow and Atkinson Chartered Accountants Carlton House Bull Close Lane Halifax West Yorkshire HX1 2EG 15 May 2023 Page 3 ## **FRANK CROSSLEY'S ALMSHOUSES** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **for the Year Ended 31 December 2022** |||**31.12.22**|31.12.21| |---|---|---|---| |||**Unrestricted**|Total| |||**funds**|funds| ||Notes|**£**|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies|2|**1,000**|-| |Other trading activities|3|**96,735**|87,241| |Investment income|4|**1,417**|1,626| |**Total**||**99,152**|88,867| |**EXPENDITURE ON**|||| |**Charitable activities**|5||| |Provision of almhouses||**69,512**|157,111| |Net gains/(losses) on investments||**(1,399)**|3,715| |**NET INCOME/(EXPENDITURE)**||**28,241**|(64,529)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||**(22,845)**|41,684| |**TOTAL FUNDS CARRIED FORWARD**||**5,396**|(22,845)| The notes form part of these financial statements Page 4 ## **FRANK CROSSLEY'S ALMSHOUSES** ## **BALANCE SHEET** ## **31 December 2022** |**31.12.22**
**Unrestricted**
**funds**
Notes
**£**
**FIXED ASSETS**
Tangible assets
8
**12,955**
Investments
9
**43,430**
**56,385**
**CURRENT ASSETS**
Debtors
10
**9,175**
Cash at bank and in hand
**11,678**
**20,853**
**CREDITORS**
Amounts falling due within one year
11
**(22,092)**
**NET CURRENT ASSETS**
**(1,239)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**55,146**
**CREDITORS**
Amounts falling due after more than one year
12
**(49,750)**
**NET ASSETS**
**5,396**
**FUNDS**
14
Unrestricted funds
**5,396**
**TOTAL FUNDS**
**5,396**|31.12.21
Total
funds
£
12,955
44,829
57,784
8,102
6,520
14,622
(38,576)
(23,954)
33,830
(56,675)
(22,845)
(22,845)
(22,845)| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 15 May 2023 and were signed on its behalf by: Jonathan Dixon - Trustee The notes form part of these financial statements Page 5 **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - not provided The Sir Francis Crossley's Almhouses were donated to the charity in approximately 1860 by the Crossley family. There is no record of the original cost and no valued is attributed hereto, as the trustees consider the value at that date to be negligible. The Housing Properties cost value in the accounts relates to improvements carried out since 1984, these were funded by a Housing Corporation Grant and also a mortgage loan from the Housing Corporation. The mortgage loan is secured by a charge on housing, land and buildings. As the properties are maintained in a state of repair such that their estimated residual value is not less than the improvement cost or carrying amount, the annual charge for depreciation is nil. All properties are held for the purposes of letting. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Cyclical repairs and maintenance** Sir Francis Crossley's Almhouses has established a regular programme of cyclical repairs and maintenance. Costs are charged to the statement of financial activities in the year in which they are incurred, an annual reserve is made which represents amounts set aside for cyclical maintenance to meet any costs which are incurred in excess of budget. ## **Donated goods** David Berry (trustee) occasionally donates building materials from his stores. He has also personally purchased equipment which is often used by the Charity. Due to the difficulty in valuing such items, these amounts are not reflected within the financial statements. Page 6 continued... **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022** ## **1. ACCOUNTING POLICIES - continued** ## **Housing association grant** The Housing Association grant (HAG) was received from the Housing Corporation to reduce the costs of developing the properties, it is shown as a deduction from the cost of Housing Properties on the Balance Sheet. The HAG will only become repayable under certain circumstances, these would primarily be the sale of the property but the repayment would normally be restricted to sales proceeds. ## **Fixed Asset Investments** Fixed asset investments comprise assets held by the charity which are not expected to be converted into cash in the short term. Fixed asset investments are valued at market value, with unrealised and realised gains and losses being passed through the statement of financial activities. ## **2.** ## **DONATIONS AND LEGACIES** |**2.**|**DONATIONS AND LEGACIES**|||| |---|---|---|---|---| ||||**31.12.22**|31.12.21| ||||**£**|£| ||Donations||**1,000**|-| |**3.**|**OTHER TRADING ACTIVITIES**|||| ||||**31.12.22**|31.12.21| ||||**£**|£| ||Maintenance contributions from residents||**96,735**|87,241| |**4.**|**INVESTMENT INCOME**|||| ||||**31.12.22**|31.12.21| ||||**£**|£| ||Deposit account interest||**-**|1| ||Income from listed investments||**1,417**|1,625| ||||**1,417**|1,626| |**5.**|**CHARITABLE ACTIVITIES COSTS**|||| |||Direct|Support|| |||Costs|costs|Totals| |||£|£|£| ||Provision of almhouses|**51,192**|**18,320**|**69,512**| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. During the year trustee indemnity insurance has been purchased at a cost of £510 (2021 : £510). ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021. continued... Page 7 **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022** |**7.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|| |---|---|---| |||Unrestricted| |||funds| |||£| ||**INCOME AND ENDOWMENTS FROM**|| ||Other trading activities|87,241| ||Investment income|1,626| ||**Total**|88,867| ||**EXPENDITURE ON**|| ||**Charitable activities**|| ||Provision of almhouses|157,111| ||Net gains on investments|3,715| ||**NET INCOME/(EXPENDITURE)**|(64,529)| ||**RECONCILIATION OF FUNDS**|| ||Total funds brought forward|41,684| ||**TOTAL FUNDS CARRIED FORWARD**|(22,845)| |**8.**|**TANGIBLE FIXED ASSETS**|| |||Freehold| |||property| |||£| ||**COST**|| ||At 1 January 2022 and 31 December 2022|**12,955**| ||**NET BOOK VALUE**|| ||At 31 December 2022|**12,955**| ||At 31 December 2021|12,955| The net book value of tangible fixed assets is made up of the following: ||**31.12.21**| |---|---| ||**£**| |Original cost|**384,901**| |Housing Corporation grant received|**(371,946)**| ||| ||**12,955**| ||| The Sir Francis Crossley's Almhouses were donated to the charity in approximately 1860 by the Crossley family. There is no record of the original cost and no value is attributed thereto as the trustees consider the value at that date to be negligible. The cost shown above of £384,901 relates to capital improvements carried out since 1984, these improvements were funded by a Housing Corporation Grant of £371,946 and a residual mortgage loan of £12,955, which was repayable with interest calculated at 10.25% and 10.37% per annum over thirty years from 1 March 1984 and 1 March 1986 respectively. No depreciation has been accounted for on the improvements to the property, as the value of these improvements is not considered to be less than the carrying value of the property at the year end. continued... Page 8 **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022** ## **9.** ## **FIXED ASSET INVESTMENTS** |**9.**|**FIXED ASSET INVESTMENTS**||| |---|---|---|---| ||||Listed| ||||investments| ||||£| ||**MARKET VALUE**||| ||At 1 January 2022||**44,829**| ||Revaluations||**(1,399)**| ||At 31 December 2022||**43,430**| ||**NET BOOK VALUE**||| ||At 31 December 2022||**43,430**| ||At 31 December 2021||44,829| ||There were no investment assets outside the UK.||| ||Cost or valuation at 31 December 2022 is represented by:||| ||||**Listed**| ||||**investments**| ||||**£**| ||Valuation in 2021||**31,666**| ||Valuation in 2022||**(1,399)**| ||Cost||**13,163**| ||||**43,430**| |||31.12.22|31.12.21| |||£|£| ||The investment assets comprise the following :-||| ||108 BLK Charities UK Equity Fund A Inc|135|135| ||48,338 M&G Charity MAF Income units|13,028|13,028| ||Cost at 31 December 2022|13,163|13,163| ||Market value at December 2022|43,430|44,829| |**10.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |||**31.12.22**|31.12.21| |||**£**|£| ||Prepayments and accrued income|**9,175**|8,102| continued... Page 9 **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022** ## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |||||**31.12.22**|31.12.21| |---|---|---|---|---|---| |||||**£**|£| ||Other loans (see note 13)|||**11,925**|14,425| ||Accruals and deferred income|||**10,167**|24,151| |||||**22,092**|38,576| |**12.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE**|**THAN ONE YEAR**|||| |||||**31.12.22**|31.12.21| |||||**£**|£| ||Other loans (see note 13)|||**49,750**|56,675| |**13.**|**LOANS**||||| ||An analysis of the maturity of loans is given below:||||| |||||**31.12.22**|31.12.21| |||||**£**|£| ||Amounts falling due within one year on demand:||||| ||Other loans|||**11,925**|14,425| ||Amounts falling between one and two years:||||| ||Other loans - 1-2 years|||**8,800**|9,425| ||Amounts falling due between two and five years:||||| ||Other loans - 2-5 years|||**18,900**|18,900| ||Amounts falling due in more than five years:||||| ||Repayable by instalments:||||| ||Other loans more 5yrs instal|||**22,050**|28,350| |**14.**|**MOVEMENT IN FUNDS**||||| |||||Net|| |||||movement|At| |||At 1.1.22||in funds|31.12.22| |||£||£|£| ||**Unrestricted funds**||||| ||General fund|**(78,912)**||**29,640**|**(49,272)**| ||Endowment fund|**15,000**||**-**|**15,000**| ||G H Haley fund||**350**|**-**|**350**| ||Reserve fund|**9,050**||**-**|**9,050**| ||Revaluation reserve|**31,667**||**(1,399)**|**30,268**| |||**(22,845)**||**28,241**|**5,396**| ||**TOTAL FUNDS**|**(22,845)**||**28,241**|**5,396**| continued... Page 10 **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022** ## **14. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|**99,152**|**(69,512)**|**-**|**29,640**| |Revaluation reserve|**-**|**-**|**(1,399)**|**(1,399)**| ||**99,152**|**(69,512)**|**(1,399)**|**28,241**| |**TOTAL FUNDS**|**99,152**|**(69,512)**|**(1,399)**|**28,241**| |**Comparatives for movement in funds**||||| |||Net|Transfers|| |||movement|between|At| ||At 1.1.21|in funds|funds|31.12.21| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|(10,667)|6,960|(75,205)|(78,912)| |Extraordinary repairs reserve fund|-|(66,095)|66,095|-| |Cyclical repairs fund|-|(9,110)|9,110|-| |Endowment fund|15,000|-|-|15,000| |G H Haley fund|350|-|-|350| |Reserve fund|9,050|-|-|9,050| |Revaluation reserve|27,951|3,716|-|31,667| ||41,684|(64,529)|-|(22,845)| |**TOTAL FUNDS**|41,684|(64,529)|-|(22,845)| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Extraordinary repairs reserve fund
Cyclical repairs fund
Revaluation reserve
**TOTAL FUNDS**|Incoming
resources
£
78,366
5,250
5,250
1
88,867
88,867|Resources
expended
£
(71,406)
(71,345)
(14,360)
-
(157,111)
(157,111)|Gains and
Movement
losses
in funds
£
£
-
6,960
-
(66,095)
-
(9,110)
3,715
3,716
3,715
(64,529)
3,715
(64,529)| |---|---|---|---| continued... Page 11 **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022** ## **14. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |||Net|Transfers|| |---|---|---|---|---| |||movement|between|At| ||At 1.1.21|in funds|funds|31.12.22| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|(10,667)|36,600|(75,205)|(49,272)| |Extraordinary repairs reserve fund|-|(66,095)|66,095|-| |Cyclical repairs fund|-|(9,110)|9,110|-| |Endowment fund|15,000|-|-|15,000| |G H Haley fund|350|-|-|350| |Reserve fund|9,050|-|-|9,050| |Revaluation reserve|27,951|2,317|-|30,268| ||41,684|(36,288)|-|5,396| |**TOTAL FUNDS**|41,684|(36,288)|-|5,396| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|177,518|(140,918)|-|36,600| |Extraordinary repairs reserve fund|5,250|(71,345)|-|(66,095)| |Cyclical repairs fund|5,250|(14,360)|-|(9,110)| |Revaluation reserve|1|-|2,316|2,317| ||188,019|(226,623)|2,316|(36,288)| |**TOTAL FUNDS**|188,019|(226,623)|2,316|(36,288)| ## **General funds:-** The general funds represent the carried forward surpluses of the charity for this and prior years. These funds can be used for any purpose within the charitable objects. ## **Extraordinary repairs fund:-** The extraordinary repairs funds represent monies reserved for major repairs to the almhouses properties. ## **Cyclical repairs fund:-** The cyclical repairs fund represents monies reserved for the purpose of meeting repairs costs incurred in the year which are in excess of budget. ## **Revaluation reserve:-** The revaluation reserve represents the difference between the market value of the fixed asset investments held at the balance sheet date, and their original cost. ## **Transfers between funds:-** A transfer has been made in the year between the general and extraordinary repairs fund, to recognise that the repairs fund had become overspent. continued... Page 12 **FRANK CROSSLEY'S ALMSHOUSES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2022** ## **15. RELATED PARTY DISCLOSURES** During the year, the charity purchased building services amounting to £12924 ( 2021 £48165) from David Berry (Trustee). These services were provided at a substantially discounted rate. In particular, any work is performed with full knowledge of all the trustees who carry out inspections and have relevant knowledge and experience to know that the work is of a high standard. At the year end , the amount owed to David Berry was £3084 (2021 £13675). ## **16. ULTIMATE CONTROLLING PARTY** The charity is controlled by the board of trustees. ## **17. INDEPENDENT EXAMINERS REMUNERATION** The amounts payable to the Independent examiner are £1200 (2021 - £1920) in respect of the annual examination. The amounts payable for other services are £1680 (2021 - £nil). Page 13 ## **FRANK CROSSLEY'S ALMSHOUSES** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2022** ||31.12.22|31.12.21| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**1,000**|-| |**Other trading activities**||| |Maintenance contributions from residents|**96,735**|87,241| |**Investment income**||| |Deposit account interest|**-**|1| |Income from listed investments|**1,417**|1,625| ||**1,417**|1,626| |**Total incoming resources**|**99,152**|88,867| |**EXPENDITURE**||| |**Charitable activities**||| |Insurance|**3,857**|3,625| |Water rates and light and heat|**6,784**|8,796| |Sundries|**1,121**|2,693| |Repairs and Maintenance|**38,380**|115,961| |Gardening|**1,050**|1,822| ||**51,192**|132,897| |**Support costs**||| |**Governance costs**||| |Accountancy and legal fees|**1,200**|1,920| |Company secretarial and administration|**5,280**|9,060| |Legal and professional|**11,840**|13,234| ||**18,320**|24,214| |Total resources expended|**69,512**|157,111| |**Net income/(expenditure)**|**29,640**|(68,244)| This page does not form part of the statutory financial statements Page 14