REGISTERED CHARITY NUMBER.. 222746 RT OF THE TRUSTEES AND UNAUDrrED INANCIA TS FOR THE YEAR ENDED 31 DECEMBÈR 2023 FO ROSSLEY'S ALMSHOUSES Bairstow and Alkinson Chartered AccouF*anlS Cartton House 8ull Cbse Lane Halilay Wesl Yorkshire HX12EG FEL4NK CROSSLEY 5.ALMJHOUSES NTENTSO THE [oLl￿¢￿e4￿ F.ndtd 3J December 2023 Pagè Report of the Trustees Independent ExamineVs Report S¢atement of Financial Actyvrtles Balance ShÈet Notes to the Finan¢ial Statemers15 Detailed Statement of Flnancial Activities 14 RAN I££￿&$.LEy.s ALIllSHOUSES for the Yexr Ended JI Det Q23 Th8 trust8*s present their reFKxt ￿lIh the finanual stslements Df the charity lor thè year ￿d6d 31 Detember 2023. The truslees have adopted the provisions of Accounting and Rewithng by Charibes." Stslemenl of Rewmmended Practice applicable ro chari1*5 preparing thEir accounts in aiwrdaTrce with the Financial R&pO￿n￿ Standard Hpplicable in the UK Rèpullic of Ireland IFRS 1021 leff&tbve 1 Jènuary 20191, OBJECTIVES AIID ACTivmES Objoc¢iv•s and aims The charity provides almhouses 8ccotnmodatm for peopk of lirnited fin8n¢kg1 rneans In iwenty flats and one tr￿5&. The formal chanlabk objectwes as *ate¢l at th8 Charty Comrni55tOn 3Te.' -Income to be applied for the provision and maintenance of almhouses and for thÈ benefft of the resldents ol the almhouses who shall be poor persons, with a preleren¢e for poor persons who are memb8Ts of a prthÈstant trlnÉtarian church." Publi¢ benefft We have referred lo the guthnce Con￿4n8￿ In th8 ChaFity Cotnmis5i0n's getter￿ guidance on pU￿]C b8neff( when viewii)y our aims and objectives and in planning our future adivities. In pÈ¥titular, lh8 Irustees consider how ￿anned activitie5 wll (￿￿tribUt@ to tha aims and objective5 they have set. ACHIEVEMENT AND PERFORMANCE Charltable attlvltles The charity continued to PTovide almhouses acwmtnod8tion in hwenty one dwellMg5 during the year. irEcorne frIKn mainlen8nc& contribuliorls d£creasing from £96735 10 £95920. Repair and maintenance ctlsts were E45931 12022 £383801-Net income for Ihe yearwas £1946512022.- £282411 With tnmplelion of the inteTh31 rtylurbk8hmenl pr(¥3ramme in 2021. culminabng in full MdemiSa￿tsn of the ex warden s house for use by Suitab￿ fe$iden15. our 31tn was lo maIn￿1n 100% owJp8ncy. as far as prarbcal, and ensuFÈ grx)J quality of accoinodaiion and'besl practice. prwerty management. The sirenglhening 8nd con51Stency of income streatn allowed u5 to target key extem21 reoairs. for exarnp￿, the ongolng external repair programme InGorporaied the Central Turtel and 8dj8cenl Hip Roofs and ihÈ Trustees worke(I wth tho Fir8 Safety expert in fvtlher improving fire pr￿en￿On wotks ai IhÈ Ivmshouses. In 2023 the charity also continued lo improve a numb&r of fia15. which becarne vacant 3nd not bpen subiprt to upd81ing sinc& Ilitr 1980's. 3 flats were subiect lo full refurtlishment which incorporaled 8 huh level of improved insul8Uon rpsutbng in EPC rating5 of C. A mon1h￿ system trf raVI￿f￿9 tnonlhly cwlribulK>nS was pul in place. FINANCIAL REVIEW Flna#cSal position The Twstees regard the financral p05ibon al th& year end lo be satisfactory. Inv8stmert pow915 and perfomiante Under th& trust deeLI the trusie&s have the powèr lo make any inv&shn8nt that they see fit. The investrn8nts ol Ihe tmst are review￿ annualty to confirm their susiainability and adequacy. Reserves policy The Iruslaes aim to t￿l￿taiN a suffioenl level of reserves in c*d&r to continue to maintwn and repalr the almhouses PTopertiÈs over Ihe comin9 years. Th8y Considerthe oJrrent of reseNes adequate at this lim8. FUTURE PLANS The tnanagem￿l ol the charity was Iran5ferod lo Abbeyfield the Dales tirnited on 1 Aw"12024. Abbèyfield is a tharity Lhat prowdÈs housing, 5UPPOrt and care. STRLJCTURE, GOVERNANCE AND MANAGEMENT GoveTnlng documanl The charity is controKed by ils govemin9 downent, a deed of irnsl dated 25 octob￿ 1982, and CLMsiituies an unincorwraloj chèrity. ReGTUitment and appointment of new trustees The individual Trus1905 who managed and operalpd th8 Charity up lo hE finanual period being reported ￿nsferred their responsibilitie5 for Ihe Charity undei the Charilies Acl to the Board ol Twstees of Abbeyfield the Dale5 on 1st April 2024. The individu81 trustees resi9ned IFoni Iheii responsibi1it4es on same date. THe Board of Tr￿sleeS of Abbeyfitrld the Dale5 acts Ès Corporaie Tiuslee. and r￿Ul3￿Y rolats their metnber5hip." and Irom ￿e date of Iran5fer Iheff will be no rotslion of the Corporate frustee of Iha Chalily. Page I K CBQS&LEYJ.41.NISHOIJSE REPORT OF TIIE'fRUSTLES ItTrr.the.Year Tr-ndedlLDe(Jt STRUCTURE. GOVERNANCE AND MANAGEMENT Related partiès Delailb ol any reloied paty Iransaclions atKS balances are disdosed in the notes lo the finanrial statements. REFERENCE AND ADMINISTPATIVE DEtAILS Re915tered Charity numbei 222746 Principal address Abbèyfièld Grove House 12 Ridding5 Road LS29 9BF TfUStÈes Mr David Jottn Berry Iresign8d 1.4.241 Jonathan Duon Iresigned 1.4241 Chn8ufie Hanson Iresign8d 1.4.241 Angela Seddon Iresignèd 1.4.241 Gillian Putnam Iresgne¢ 1.4.241 Rob1n Drxon (resigned 1.4.?41 Neil DIxDn Iresgned 1.4.241 AbbeYf￿￿1 the Dales Limiied laptKNnled 1.4.241 Independent Examlner 8alrslDW and Atkinson Chartered Accountants Cailton H(AJse Bull Clos& Lane HalilaK Wgst Yorkshirè HXI 2EG Approved by orderof the board ol trustees on 26 July 2024 &gned on ILS behalf by.. ) KJ*V AbtEyfield the Dales Lwni1￿- Tru51ee Page 2 P EK4ilqtNTR'S REPORT TO THE TRUSTEE rRANK CROSSLEY'S ALMSHObSES lTrdependent e¥amineVs report to the ttustees of FTank Crogsley's Alrnshouses I report 10 thè charily trusiees on ffly ex8min8lion ol the accounts of FTrnk Crosslevs Aknshou5es Ilhe Trust) lor the yearended 31 DEcember 2023_ ROSPDnsfbllllle$ and tsasl$ of report As Ihe chariiy Iruslees ol th& Trust you are rw0n&t￿@ for the prepar¥bon of the acry)un15 in u￿rdanCe Wth the requi1&￿n[S ol th& Chanthes Ad 2011 flhe Act?. I rÈrth in tsspe¢t of my e￿mInall0n of the Trusfs ac¢fXJnts carried out under Section 145 of the Acl and in earrying oul my 8x8minalion I have followed all applitsble Directions given by the Chyrity Cornrnission under Seclion 14515llbl Df thè Act. Independent frxamln&r'$ statement I have iornpleted rny examination_ I confirm thal M mattrrial rnatters have come to my aitention in connect￿ wrfh the examinalitsn givlng tne (xuse lo believe Ihal in any materfal respect.. ccounting records weie not kept in respect ofthtr Trust a5 required by Sethn 130 ¢f the Acl.. or the Bccounts do not aGcord with th￿8 rectrd$,' or the accounts do not comply v￿th the appli￿ble requirerDenlS cmcernlng the fomi and content of accounts sel out in th8 Charitsès (Accounls Reports) RegulaliJns 2008 olher any rÈquirÈmenl that ihe ar£ounls giye d true and fairviEwwhich is not a matter consid8red as part ol an in¢ependenl examination. I h3ve no concem5 and have come across no othtr mattets in (xjnnection with the examination lo whrh altention should b& drawn in this report In order lo enablè a proper understanding of thp accounts lo be rtrached. Poier Dysm FCA 3ir*OW and Atkinson Chart6r8rt Aecounlants Cartlon House 8ull Close Lan Halifax Vvest Yorkshiro HX12EG 26 July 2024 Paye 3 FRANK CROSSLEY'S.4LMSHQLS EMEVT OF FIN VJ]ILS fur the Year Ended 31 Deeernber 21)21 31.12.23 VDrcstritied fuhd5 31.12.22 Totsl fi￿dS Nolos INCOME AND ENDOWMENTS FROM Donation$ 8nd ￿9ackS 1,000 Other trading aGI1v￿e$ Investmenl incorne 95.920 1,906 96.735 1,417 Totsl 97,826 99.152 EXPENDITURE ON Charitable activhtes PfO¥i5ion of ?Imhwse5 79.146 69.512 Nel gainslllossesl on invesltnenls 785 11.3991 NET INCOME 19,465 28.241 RECONCILIATION OF FUNDS Total funds broughl forward 5,395 122,8451 TOTAL FUNDS CARRIED FORWARD 24.B61 5.396 The noies fomi pari of I1￿e financiol 8taieniLnlS FRAli LM iio SE BALXNCE SHEET &1 l)eccfftber 2023 31.12.23 31.12.22 Tota] funds Unrestri¢ted funds Notes FIXED Assgrs Ta￿1￿18 asse15 Investmants 39,419 43.462 12,￿5 43,430 82.881 56,385 CURRENT ASSETS Debtors Cash al b8Thk 10 10.173 8,843 9,175 11,678 19.016 20.853 CREDITORS Arnounts Idlin9 due within one year (31.7111 122.D921 NET CLIRRENT ASSErs 112,69$1 11,2391 TOTAL ASSETS LESS CVRRENT LW8ILITIES 70.186 55,146 CREDITORS Amwnts falling du& after mr8 than one year 12 145.3251 149.7501 NET ASSETS 24,861 5,396 FUNDS UnrestFiCted funds 14 24,861 5,396 TOTAL FUNDS 24,861 5.396 The financial statÈmen15 were approved by th8 B08r(S of Trustees and auth0ri5ed for issu8 26 Juty 2Q24 and were gned on ils b¥haV by". Abbefftld the Dales Lulliled- Tnstée The noies lorni part ot'ihcsc fin4nci?I sthicments LEY'S ALMSHOUSF.S TE To THE FlTr4.4NCIAL STATE￿IF.NTs tor the l'ear Ended 31 Dccenil)¢r2023 ACCOUNTING POLICIES Basis of preparlng the flnancial statements ThÈ financial slalernents of the charity, which 15 a public benefit entity und*r FRS 102. have been prepared in accordance WI￿ Ihe charitr.es SORP IFRS 1021 'AccounDng ?rbd Reporbng by charit￿5. Siatemenl of Recommended Practicè tpplKable to charities preparing their 2cctrJnlg in ?CWFdance vAth the Financlal Reporting Standard applic8bl& the UK and Republic of Irelanol IFRS 1021 leIfe￿4ve 1 January 20191.. Financial Reporting Slanijarij 102 The Firsanci81 Reptytin9 Siand8Ed applicable In the UK 80fl Republ￿ of I￿18nd, and the Charthes Acl 2011. The financial slaltsmonis have been prepared under lh2 historical c051 CDnvenl1i￿. wlh Ihg eyceptw of inwesim8nts which are It￿￿ded at tnafkÈt value, as m￿lf￿d by the revaluats.on of trrtain assets. Income AJI income is ￿c￿gnI$èd In he Ststernenl of FinanciBI Actibities once thè has entiUem8¢)I to the funds. it is probable thallhe InuJTnewll be re¢errfed and the amounle2n ￿ measured reliably. Eypenditurè Liabilities ar2 rècognBed as expenditure as soon as there Is a legal or constructive oblisation commithng th8 charity to thai Èxpenditu￿, it is probable that a Itansfer of econotnic banefits will be iequirèd In sett￿rnent and the 8mounl of IhÈ obligation can be measured reliably. ExpEndilure is accounted for on an accruaL5 basis and ha5 been classified under headings that 8￿re￿ale all cost related 10 Iha category. Where costs canntsi be directty attribuied lo particulHT headings they have been 8llotsléd Io 8CllVlties on a basis cons151ent with th8 Use of resDurces. Tanyible fixod assfrts Depreciabon is provided at Ihe foll0v￿ng annual rates In order lo off eath 2¥gè1 over its estimated useful Freehold Property F¥xtures and filtings not provided Straighl line over 20 years, Slra1ghl INe over 25 years and StrÈlghl b.ne over 15 years The Sir Francis Crosslevs Ahhwses were donated to the charity in approximately 1860 by the Crossley family There is no re￿[d ol the original (x>sl and no valued is attnbuted her8to. as the Injsleos consider th& Yalu8 al that date lo be negligible. Thp Housing Properbes cosi value in Ihe accoun15 reiales lo itnprovetnenls C￿rr￿d oul Sin￿ 1984. these were funded by a Housing ctyporab.on Grant and also a mortgage loan from thè Housing Corporation. The mortg￿9 k)an 15 sevjied by a charge i)n ￿￿sing. land and buildings. As the propertie5 are ￿la￿ntained in a slate uf repair such that their esiimated resKdual value is rnt le55 than the provement ¢ost or carying a[￿￿￿1. the annual charge fDr deprtrciat10n 15 n￿1 All properties &re held for the purpose5 of lettsng. Taxation Thp Charity is exefflpl from tax on its ch8ritable aclNilies. Fund a¢¢ounting Unrestricted funds can be used in acthrdancÈ th& Charitab￿ objeclives al the disuelion ol th& tnJslees. Restricted furFds t2n only be used lor partiGu&r re5tnGted purpo$8s within the objecls of the tharity- Reslridw5 arise when specified by the donor or wheTr funds are raised for pèrtithlar restricted purp0s6S. FurtherexpknaUDn of the nature and purpos8 of each fund is included in Ille nDies lo the financi31 statements. Cyclical repalrs and maint&nance Sir Francis Ciossley's Almhouses has established a regular programme of cyclical ￿p31[5 and maintenance. Costs are chargeu to the sia16ment of financk41 activibes in the year in which Ihey are incu[￿d. an annual resepdè is made which rÈP￿sents amounts sel a$￿e for oyc11¢al Maintena￿ 10 m8el any which are incutred in excess of budget. Donated good5 Dav￿ Bery Itrusteel occgsionalty donaltr" buikjing materials from his stores. He has also pÈrson81ty purchased eouipmenl which is often used by the Charity. Dug io lh8 difficully In valuing such items, Ihese amounls are not refkcted ￿￿thin ihe financHI slat&ments. Page 6 ¢ODtiniied... CROSSLEY'S AI.W!STrJ USES NOTE5 TO THF. FINANCIAL STATEMEN for the Year F.￿d￿31 D￿0Mber 2023 ACCOUNTING POUCIES. continued Housing association gtant Th8 Housiny AssOcial￿n grant IHAGI was recèived from the Housing Corwration lo reduce the c0515 of dav8knping the worÉrties, Il Is shoYrioin81 cost 3nd no valu8 is attributed Ihei81o as the trustee5 eonsider the value at that dale lo be fiegligible. Pag¢ 8 conllnLlbd. FRLNK CROSSLEY'S ALMSHOUSES IAI. STATFJIM (tir the Year E.nded 31 December 2023 TANGIBLÉ FIXED ASSETS •COlltinued Th& cost showi above ol £384.901 relates lo capitsl improvements c¥rr*d slnce 1984. thes2 improverneiiis were funded by 2 Housing Corporalion Grant of £371,946 and a res￿￿81 mortgage loan of £12.955. whith w8S rep3yatyle with inieiesl cakulaled 8110.25% and 1027% tEf annum over Ihity Y$a￿ from 1 Mèrth 1984 and 1 March 1986 re5P8ctively. No depreciabon has been accaunted for on the improverneD15 to the propety. as the vahje of the56 mprovements is nol considered to be less than the tsrrying value ofthe propety at the year erxl. FEXED Ass￿ INVESTMENTS Listed investttjtnts MARKET VALUE At 1 January 2023 Disposals Revaluètons 43,430 17431 775 At 31 DecÈmber 2023 43,462 NETBOOKVALUE Al 31 Detsmber 2023 43A62 Al 31 December 2022 43,430 Ther8 were 00 irivestrnent assets outsidè UK. C05t or valu81ion at 31 December 2023 is represÈnied by.. L&sied illveslments Valuation in 2021 Valuation in 2022 Valuation in 2023 Cost 31,031 11.3721 775 13,028 43,462 31.12.23 31.12.22 The investment as3els comprise thÈ follo*ing'. 108 8LK Charities UK Equity Fund A Inc 48.338 M&G Charity MAF Income units 135 f3,028 13.028 Cosl at 31 Detr￿ber 2023 13..028 13.163 Markèt value al December 2022 43,462 43,430 Pa￿C 9 conriniied. .W_K.CR_OS_SLEY'S:4LL¥I HOUSES OTES TO THE FIINAIYCIAL STA1'EMENTS- Lonrtnued for the Year btr2 10. DEBTORS: AMOUNTS FALLING DLIE WftHIN ONE YEAR 31.12.23 31.12.22 Pr8payments and a(vued income tO,173 9.175 11. cRED￿ORs.. AMOLINTS FALLING EIUE WITHIN ONE YEAR 31.12.23 31.12.22 Bank k>ans and owefdrafts (see nDte 131 OlhÈr Isee r￿le 131 Accruals and d8ferred income 1.327 15,675 14,709 11.925 10,167 31.711 22,092 12. CREDITORS.. AMOUNTS FALUNG DUE AFfER MORE THAN ONE YEAR 31.12.23 31.12.22 Other loans15ee nole 131 45,325 49.750 13. LOANS An anatysis of the tnaturity of loans is given bebw.. 31.12.23 31.12. Atnounts falling due wlhin one year on deft￿nd.. Bank overdrafts Olher loans 1.327 15.675 11,925 17.OD2 11.925 Amoun15 falting betwèen one and twoyears.. Othèr Loans- 1-2 years 10.67S 8.800 Amounts falling du8 befv4een two and fiwe years" Other loans- 2-5 years 18,900 18.900 Amounts f811ing due in more than five y88rs'. Repayable by Inslalmenls.. Other loans more 5yrs instal 15,750 2Z.050 14. IIOVEMENT IN FUNDS Net Inc>v¢ment fundg Al 31.12.23 Al 1.1.23 Unresth¢ted funds General fund Endrymnent lund G H Haley fund ReseTre fund Revaluation reserve 149,2721 15.000 350 9,050 30,268 16.690 130,5821 15.000 350 9,050 31,043 775 5.396 19.465 24.B61 TOTAL FUNDS 5,396 19￿5 24861 conlinotd... FIL4NK CROSSLEY. OUSES NTS- COJIti￿VC4 OTES TO THE 14INANCIAL.sTATEM￿.- ¢em 14. MOVEMENT IN FUNDS- continued Net movemenl In lunds. in¢knded in the above are as lolbws.. Incoming reS0￿ceS Rc50UTces exp¢tid¢d Gains gnd Movcm¢ni in funds Unresirfcted fitnds GÈner81 fund RÈvabJ2hon reserve 97.826 179,1461 10 775 18.690 775 97,826 179.1461 785 19.465 TOTAL FUNDS 97,826 179.1461 785 19,465 Cornp4ratlVEs for m¢Nement In funds Nel D￿verO￿t At 31.12.2? At 1.1.22 Unre5tiict8d lund5 General hjnd Endowmentfund G H Haley fund Reserve fund Revaluation re5erye (78,9121 15,000 350 9.050 31.667 29.￿0 149.2721 15.000 9.050 30.268 11.3991 122.8451 28.241 5.396 TOTAL FUNDS 122.8451 28.241 5,3 Comparntive nel moveTn8lll in lunds. included in Ihe above ar8 as foNows.' lii¢oming s￿1￿¢5 Resources expended Gains and losses fvtovcmeni in fuDds Unr8Sirtct&d funds General fund Revaluation reserve 99.152 169,5121 11.3991 11.3991 99.152 169.5121 1.3991 28.241 TOTAL FUNDS 99.152 169.5121 28,241 Pag¢ 11 coniintsed.. EEAUli_f.RQ55LEY'S ALNISIIOVS TES TQ TEIE FLNAh'CI_&[: ￿ATEmENI'S- ttstst5nued lTrr the l'ear Ended 11 Dttfmber 2Q23. 14. MOVEMENT IN FUNDS. continued A current year 12 monlhs and prioryear 12 tnonth5 CO[n￿nEd KKwIIon Is 85 foaowE'. move￿ent in funds Ai 31.12.23 Al 1.1.22 Unrestricted funds General fund Endowrnenl fynd G H Haley fund Reserve fvnd Revaluation reserve IT8.9121 15,000 350 9.050 31.667 48.330 130.5821 15,000 350 9,050 31,043 16241 122.8451 47.706 24.861 TOTAL FUNDS 122,8451 47,706 24,861 A oJrrent year 12 months and wor ￿ar 12 months combined nel trK>vem8nt in funds. included in Ihg at)ove are as lolbws.. Incoming ri50urccs Re￿urceS expeiided Gaiiis and losses oveinent iii funds UnTtstrlcted fund5 General fund Rev81uat"on reserve 196,978 1148,f581 48.330 16241 16241 196.978 1148,6581 16141 47.706 TOTAL FUNDS 196.978 1148,6581 16141 47,T General funds:. The gèneral ￿ndS rep￿sernI the tsffEÈd forward surpluy&s of the d)arfty for this and prior years. These fund5 Can be used tor any purpo* the Charitab￿ objects. Extraordinary rÈpair5 fund:. The exlraordinary repavs lunds represenl nwnies restrrvèd for major repair5 to the #ltnhou5es properti8s. Cyclscal Tepairs fund..- The cyclirdl repair5 fund rgpresents monies rÈserrfed for the purpose of metrting repairs wsks inGurred in thè yearwhich arÈ in ex￿55 of budgel Revaluation resÈtvp'.. The revaluation reserve ￿preSentS the differentÈ bethNeen the martel value of thè fixèd asset inve51rnents held al the balanTr sheet (Jate, 8nd their original GY)sl. Tran51ers b*￿e￿n funds=_ A tt3nsfer has been made In Ihe year bBtwÈen the general and extratydinary Tepairs fund. to recogni5é Ihai th8 repair5 fund had become overspenL Pagi l? COAlinticd.. FIL4NK CROSSLEYIALD15llQU￿.E} THE FINAN IAL STATEMENTS. for the Ye8r Enrted.31 D¢ctrpber 21111 15. RELATED PARTY DISCLOSURES During the year, the chariry purch8S8d bu1￿1n9 strNices ?mouniing lo £32821 12022 £1￿24) from David Bery ITwsleel. These seNies were providsd al a subslantialw discount6(S r8te. In p8rtthlar. any work is perfcKmed with lull know￿0& of aH the tDJ$lees who carry oui inspeclws and have rèlèvant kno%￿edge and experience lo know that tho work is c>1 a high standard. Al the year end . the amDunl owed lo Da￿￿ BeTry W35 £401212022 £30841. 16. ULTIMATE CONTROLUNG PARTY The chafty is Controlled by the Cofporate Iruslee, Abbefftld Ihe Da￿$ Limi18d, appointed on 1 Aprf 2024. 17. INDEPENDENT EXAMINERS REMUNERATJON The amoufits pay8￿8 to Ihe Independent &y8mlner are £1200 12022 E12001 In fy$p* tsf the annual f*xaminalion. The amount5 payatAe for other serV￿S dre t4080 120L - £16801. p￿ge li FRANJ(.¢HOSSLEY'$.ALMSHOUS DEI'AILED_ST_ATF.MENT OF Tr INKN'CL4L ACTIV_I the I'e3rEBdcdJl December 2 IES 31.12￿3 31.12.22 INCOME AND ENDOWMENTS Donations and Iggacies Donations 1.000 Oiher trading activitie$ Maintenance cMinL¥utions from residents 95,920 96.735 Investment inGome Oepo%t acwunl ￿nterest Income frotn li4ted InvestsDenlÉ 49 1,857 1,417 1,906 1.417 Total incoming resourc8S 97.826 99.152 EXPENDITURE Charilable activitfjos Insurance Vla18r ra165 and I￿￿[ and heal Sundnes Repairs and Maintenance Gardening DePre￿al￿ of tangiue fixed as$ets 4,466 6,485 605 45,931 1,601 874 3.857 6.784 38.380 1.050 59,962 51,192 Support Costs Governance cost$ Accounièncy aiicl legal fefrs CotTrpany Se¢￿ts￿al and admini51tation Le9al and prolessional 1.200 5,280 11,840 5.040 13.154 19,184 18,320 Tolal resources pxpènded 79,146 69,512 Net Income before galn5 and losses 18,680 29.640 Raali$@d rfrGognlsed gains and losses RealigÈd gainslllossBsI on fixed assel I￿v￿tmentS 10 Net income 18,690 29.640 Thib pa¥c does not fonn part ofihc st8nitor! lin41n¢ial Sialeine￿i￿ Pagc 14