FOREST HILL ISIELTEREDI HLNJSING UMITED DIREcfoRS' REPORT AND FIPIANCLALSTAIEMENTS FOR TNE YEAR ENDEfl 31 MARCH 2024
FOREST HIiL ISHELTEREDI HOIISING IIMttED CONTEPtrs Company Informat*)n Dlrttt¢¥5' rewrt Report actouniani's report Statemeniof Comprehefisl ID¢ome 8alance sheei &7 ststemenr ol change In rese$ Statement of cash flty Notes to the(ash Now 51atement io N¢tes to the finandol smernents 11-17 Thefollo&wn¢poqes do Mrfttmwrtof rhe stotUW47ttuunts Detalled iThtorne ind pendItUre ifCDunt 1&20
Page I FOAÈST HILL ISHELTEREDI W)USINfj UMITED COMPANY INFORMA710N FOR THE YEAR ENDED 31ST MARCTrI 2024 rect¢¥s S M Oare Mrs M elbury Mrs G Ro(he sCNa Mfsj Spen¢er Mrs MJ Pullan Mr5 S Shippey Mrsv 5aunder5 Secretsry $ F L Thornton C¢>mpany nurnber (W7893 IEnOaThd & Wale51 Charlty Commfsslon Re8lstered number 223653 Hornes and Communities Alency Re8isiertd numbtr LH 1020 Re815tered Offi 11 Park Leed5 L58 1?H ReportIngA•unt0fit Thcfflas Coombs Llmlted th¥¢ered kcountsThts 3365The Pentsso Centrjry W•y Thpe Park leeds LS15 8Z8
PaBe 2 FOREST HILL ISHÉLTEREDI HOUSING UMITED DIRECfORSItEPORT FOR ThE YEAR ENDED31sf klARCH 21J24 Thi dIrv[to prE5ent thelr rel the statements forthe yeareThled 31 Marth 2024. PRINUPALACTIVITY The companW5 nCipal attivlty contynues to be a non-profrt makln8 charlty, provldthg a(commodatlon forelderfy people. PUBUC OENEHT lffl Setting and revlthwng our aim5 the board has In arelul consldwation w the Ch¥tty Commlssknn's8uldance on publk benefi(. DIAEcfoRS The directors who seryeil dulinithe yeai wer•:. Mr5 S M aarke Mrs M aradbury Mrs G Roche Mrs C Naylor Mrs J Sponcor Mis M J Pullan Mrs S Shippev Mrs Vsauiiders
Pa¢e 3 FORESTMILL ISHfLTEREDI K)USIPI6 LIMITED DIREcfoRSREPORT FCThE YEAR EP40 JIST MARCH 2024lcorrttnwdl SMALLCOMPANY RIJLES These acujunts have been pPared kn ac(LYdancwllh the SP4a1 prov10$ relatkn8 to c¢xnpanies subjett 10 the sméll comp•nies rtglrnl withln Part IS of thè Comp•nles Art 2(rfJ6. Th15 repgrt Wa5 wproved by the brd on 16, M¥v 2024and si8ned on fts behall bv.. MRS S M CLARKE C¢mp•ny nurnb•r (KIY7893 IEn8l•fid & Waksl
P4e4 FQRENHILL ISHELTEIIEDI IKIL151NG UMifED ACCOUNTANTS. REvoFifTO THE BOARD OF DIREcfoRS of4TNf LINAU(¥TED Accourirs OF FORESf HILLI5HELTEAEDI HOUSING UMITED We report Ihe accounts of Forest Hill15hekteredl H$th8 iirrdted for thear ertded 31" Mafth 2024 whith are srt cmrton Pa8es 5 10 17. Ittspertl¥e respwtblltles oFth¢ of Dlwe¢wr¥ and Re1b8AtC1tsfits The Board of the Forest Hill (Shelteredl HousSn8 Umlted 45 responslbfe forthe preparatlon of the accounts, and they consHlcr that the Forest Hill IShèteredl Housln8Umrted isexemptfrorn anaudit. It is owresponsibilltyta carryout procedure5 de5i8ned to enabl¢ vs to Teport ¢>Jr wrion. 8asls of oplnloTh Our pro¢edures consistÈd ottomparinR the 3ccovnES With thè accouniine rÈoirdE kry)I hy rh• ForÈ%t Hill lShelt•r•dl H¢)v61nÈ Limlttd. as Re8lstered knial Noush8 Provxler. and rnaknni Sh ertouirie5 of the officers ol the Foiest Him Isholtcredl Housln8 Limited 05 we considered necessary for he purF)ses of this report. These Pfcrfedures pro¥ldethe only assurance expressed in Lwr ownlon. Oplnlon In Qur op6nlon'. th• accounts for ended 31° March 2024 are In •¢¢ordance wth the account1 rocwls kept by the Reilstered SocLryl Housing protr undqr par4gr•ph l35121 of HO1 and Re8eneration Act 2008,. havinq rrfard c14 on the basls ofth informkn ¢ontskned In the a¢countyn8 records: the a£nIs(0rnpty with ihe requlrementsotthtCharltk5 A¢t 2011; the lItstered Sorial Mousin8 Provldcr has satlsfitd the conditlons for exefflption from èn audit of the account% lthr¢heye•rértded 31st 2024 speci16ed in settion 146(31 ofthe Ho1n$ and At8ener&t4oN kt the accnunts Comp with rhe requiremenls of the Housin8 Regeneratlon Att 2(1)8 and the Atcountlng Dlrection for prlvate le8tered prtrrfhJtr5 of 50cl•l houslnl In ITh1) 2015. Thomas C•ombs Umlied. Chartered Af¢tyJntants Reportln8 Accouniants 336% The Pentagon Century Wav Thorpe Park Leeds is15 8ZB 16" May 2024
Page 5 FOREST HILLISHELTEREDI HOUSING UMITEO STATEMENT OF COMPREHENSIVf SIICOME FOR TME YÉAR ENDED 31ST MARCH 2024 12 Monthsto 7ftAonfhs to 31" Marth 31" Morch 24 2023 TUrnoT 244.2x1 124372 Le55.' Operating costs f137.917J Operalln8 Ideficltllsurplus 1164.1ts1 113,5451 Interest receNable and other irKoTr &492 IDeftltllsurplus on ordtnwy acii4ltl# b•lore 11542941 17.053J Tax Idefkltvsurplus on ordinary actlvlts Unreallsed •nd realw 881n(se51 inve5trrents 21J41 f6,40SJ 113U511 lj3.458J Revenue reserye broutht fmw•rd 579994 593.452 Ae¥enuereserve carriedfan¥a 447,141 579,W4 The above results rel•te io ¢¢ntinulr4 acti¥itses The notts un pa8e5 11 to 17 form part of thtfinanrial 51atements.
FQRE5T HILL ISHELTEREDI FKIUSING UMITED BALANCE SHEEr PÈse 6 5T AS AT 31 MARCH 2024 31st Marrh 2024 31sr Murch 2023 Note5 TA14GIBLE FLYEDAsr5 HOU8 wapBrtie5 Depie¢1atn ol hDUS propert5 s75 {3116ty)1 575.808 1?96,040} 2632L Other fixed ossets 279,768 4.086 268W 283.854 FIXED ASSET INVESTMElIts Investments 335,863 .641 CURRENTASSETS Stock Debtors Cash at baTrk afid In hand 619,717 8.524 So51 5.304 66536 61176 71610 CREOITOnS.. AKnts lallinl due withln +)ne year (10.2231 NÈT fLIARE14T ASSETS 49.755 62,407 CREDffORS.. Aunt$ falllne thje aftermort than ont year 197,IKI (IOIO571 TOTAL ASSETS LESS CURRENT LIABIUTIES 447,214 580.067 CAHTALAND AESEftVES ca41 up shorecapèl 12 73 73 Revenue reseNE5 representpd by tangible fixed assets - rpresented by other assets 165955 281,186 17&921 403,037 447214 Pa8e 7
FOREST HILL ISHELTEREDI HOU51Nfj LIP•WTEO BALAJ4CE SHEET Icontlnuedl AS AT 31" MAR(N 20Z4 The directors consklw that the company is Èntiued io exemptl¢in from the requirerDent to have an audli under the prOv510n ofs.47711l. oftheConpanlÈsAct Z[. Member5 ha¥e not rÈ4uired thecompany under5.476 of the Compènles Act ?Cth tD obtalTh an audit for the year endÈd 31°Marth 1024. The dirertors acknowled8e thoir rosp)nslblllties lor et)5uriThg that the comp¥ keeps actOUmtin8 record5 which eornpty With 5.386 and s.387 of the Companies Ad 2rth. and lor prepanfig •c£ouDts whith Kive a true and tsirview of the statt of affairs of the company 1$ at 31 Marth 2024 and ol its b5sfov the yeaien¢Jed in accordaNce wrth the requlremÈnts of .396 and which otherwise compty VTth tho rtqvlrernents ol th• Art relanI to the accounts so far as applicab to the company. Those flnanclal 5taiements wefe apwoNrd by the dirt¢tor5 afid autk)ri5wI for w tythe Brd on 16th May 2024 On behalf DI the Board MASS CLARKE rAre¢tor KIRS C NAYLOft Olvector Comp•ny Nurnberfy)547893 The notes on pages 11 to 17 form part of thesefinan¢i41 ¥tatenTht&
Page 8 FOREST HIiL15HELTEREDI MOiISII46 UMITED STATEME•if OFthFANGE IN RESERVES A5 AT 31" MARCH 2024 C•lLt&up shaTe hKome and ej1pkurV T(tsl pttl resep At 51"Au$l 2022 73 593A52 593.525 Surplu1DefItlt) lor the year 113.4511 114.1491 73 579,994 580,C67 Sharecdpttal issued Divid•nd5 At Jill M•rth 21n3 73 579.934 500.C67 rpltsslloeftI lor th• year 11318531 1132,8531 Total tompiqh•nth 447,141 M7.214 ShaFecaplral i55ued Olvhlends At 31K Marth 2024 73 447.141 447,214 The N)tes on p4e5 11 to 17 form part ofthtse fknandal stale& PaRe 9
FORESTHILL ISHELTEREDI HOUSNG UMrrED ATEMEpif OF CASH FLOWS A5AT 31" MARCH 2024 12 Months tg J15t 7Months to 31SE Moprh 2024 2023 C•Ah loutflowl fr¢)m operaits¥ 19,8821 N•t C•5b loutlkwl from •perntlni 41thS I15365) 19.882) Payment& to acqvlre tJn8iblc fixod a5Je¢s Payments to acguire Inwestmeni$ Re¢elpt5 frorn sales of iThvÈstment5 (44WJ 15,3?8} 19.1341 I40.• Interest recdved aod other kn¢om? Dlvldends received 519 5.973 Net Infiow loutllowl fyom In¥•rtlr¢ •dMttes 137MI 11,236J Id•¢reueMln¢r••se In ¢*sh and (ath ¢wlv•l•nts 115.6841 fll,118J Cath and cash equknlonts •tthe ¢rfth• rtPty¢lr¥ ylod 66.S36 77.654 tash Ind t••th •quhalon1$4t the endofihe roportlry pqthd 50,852 66,S36 Page 10
FOAEST HILL ISHELTEREDI TrM)US1116 UMITED NOTES TO THE CASH FLOW STATEMEP AS AT 31" MARCH 2024 l. Re¢ondlliion of OPiF¥ 5ufplus to tsh I) frm) op•ralknia¢ItlÉs 12 Months to 31rt Marth 2024 7Months to 315t Mtrrch 2023 Suwluslldeft¢ltl forthe ve•r 11318531 123.4581 DEpreciatlon and lrnpJirmentof tark81bthÈ assets Investment irbcome IGa5nsllLib5 on estMents Ilncrea$el I decrease In trade orhtr debtor5 Increasel Idecreasel in trade and other ueditors Ilncr&asel Idecreas* In siock Ja745 16,492) 6.405 12.2161 14,866) 19J181 IIJM411 13.2201 14.6771 ¢•sh I5 from opv•Uni aclMd•s {IS35651 f9.8821 Thp nt on pa8e$ 11 to 171Drrn part of thrse Iln•nci•l Jt•tements. Page 11
FORE5fHILL ISHELTEREDI HOLISING UMITeD NOTESTO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 tOUhlinK polk$ The company 15 incorporated under ihe comW Art 2(4)6and is a ie8lsiered Charfty under the CharltlesAtt 2011 and a registered prgiderol social Housine. Thofompany is limr¢ed byshare5 incorporated in EnBland 14Wales withln the United KinEdom. The address of the registered affice Js ii¥on In the company information on page l of these flAèn¢ial sratemonts_ lal Acwuntlni b•sts The finarscial Statements have been prepared in K£oance with applicable acclyjnting standards indudine Financial Rew)rtiw Standard 102 FI Ftnrynciul Reportfng Stundof6Applicable in the UKortl RepublK 01110nd IfRS 1021. the Stdternent ol RecurnMeed Practice forSLKial HO5•E Prowders 2014. and wilh the A¢cwntln8 trection for prN3ie re8stered Pro¥e[S 01 social hoysln8 In EnBtand 2015. The financial 5tstements are also prepared under the r•oulr@mpnts ofth• Housiw3nd Re6encration Act 2()60nd the Componies AL(20Cfj. Trie lindnclal 5tatemenis h•ve been prepdred on a 8oln8 COern basL vnder tne hi5torKal cost convention The finanoal statemenis arÈ prepdred In sterlin& whichls the fvoctlonal cenCY olih¢ RP, and rOUe0 iothe nearest f l. The 518nilicant a¢iounting wll¢ies aFvlled In the preparth of these Ilnaneial 5tefflents are set oJt below. Thesé pdlcles havt been cottsisterrtly applled to all years prtsqnt•J unless a(herwi5e stated. Ibl Turnowr Turnover Is measurnd al the fakvalye otthe consldeiation recei%dor recehable of trade dlscounts. Thè pollcles adopted for the r•co8nltk>n of ¢urnovware as foll.. Turnover represents rentsi and Se¢ ChRe$ income receNabKt in the year. nei of mt qervlce ch•r8•s and 1055E5 from vr1$. twethw SUIry rEn¢4 income and ¢h#rye lcl In¢ome Irom Ibl%Stmonts Wilh the excepiion of bank interest th1$ 15 rredlled In tr* accounis as re¢tl¥td. Idl Fkned •ndd¢pr•tht5on Tanwble fjxed assets. except Ireehold land. arestated at C05t. Iu5 KoJmulated depreciaiion. Depredatlon Is th•r8ed on a stralght Ilne basil over the expocted eOlr u5elul Ilves of the assets •t the folbwln8 anAual rates.. Housin¥ properrie5 PiuyErty and trfnce fvrTrrture and equip 2%-5% 10%. 20% The usefi4 econom I¢$ of all langle fixe41 assets are re¥lewed (•) H•usln8 properd•5 Tangfrble Ilxed assets lindudlng social hou5iTr8 proForUesl are stated at COSI less 3£cumulateé depredatlon and accumulated irnpairment ID5ses. Cosi illcludes costs dirertty attrIltable to makin8 the asset capable of operatlng as Intended such the cost of acquiring land and buililngs, thvelopments Costs. Interest th4rge5 on loans the development penod and expeDdrture on impmverrents. EypeTrditure on ImproverTrentswtll onty be eapltalised when it results in in(rpmpnial future benefrts such as increasing rental Irne. reducinR malnienance costs or resulting in a $18nWlcant extensK)n ol the useful economk l)feof the property. Page 12
FORES[ HILLISMELTEREDI 1)USING UhlWTED NOTES TO THE FINANCIALSTATEMENTS Iconilnuedl FOR THE YEAR ENDÉD 31sr MARCH 2024 lfj Works to eMi1r housin8propqrtles Work$ ar? char8Ed to the incthne and ekpendiiuve at(¢)unt unless thèy rewll in an enhanrernent of the economic benefits tsfthe propertyin e¥ce5s0f ihÈ prew0uS assessed%tandardofpertorwee. This is measured byan Incrtsase the net rental income, Indurting a reduthon rna1nten c05fs or result In a rfkant exten51on of the u5efi econ¢mk life of the propenv. The8rant is held as deferred InuThwithin credltorsaThd reaSerthe estirnèted usel Ilfeof the asset5towhich it relates. rECtlved for items of c05t v4ritten off In the Incorne and Experliture a¢coLnt Is matched 38alnsi those costs as part ol tumo¥er. SHG can rLxyded by ihe R5L under cqrtain COrlti15 ifa property LS Sold. or if another relÈ¥artt event tak05 aCe. In ihÈse case5 the SHG Gin be used forproject5 approved by thp Homes and Ctsmmunlties 4ency. However SHG may have to be r¢p•id rfcertain condltions are Mt met. kn certain aUmsrb¢e5, SMG be tepayabl•. and, in th4t w•rbt 15 a sybordinoted un5ecufed rep•y•bl¢ debt. Ihl In%knents Current and fvAed a55et Irw¢s¢men15 are included It Mark value. All10s5es and gain5 •vetaken direct its thg Income and Èxpenditure account (adjusted for Dther recognised 8aJn5 and asthey arise. Reallsed 8airL% And 105ses on Investments are cèlculaied as th drflcrence betweEn sa5 prOCeS and the openlng market value (purchase date il laterl. Unrealised gains and10sses are ¢al¢ulited a5 the difference between market lue at the year end Lwlrff market lorpurthasedte Illaterl. 111 V•lu•Addd T•xNAn Irr¢cov•rablt VAT whkh can be attributed 10 a caphl Jt•x or rwentse WqDdltwe Is addtd ro thp cost of the cap11 Itemor expcn5e5where pra¢tkabJeand mateflal. Ul P•nthn The cornpany céfjtrlbutes to defined contdbthion penskjn S(Ml thet4a-.1onal Ernployment San85 Trust INESTI scheme. Conlrtburlons payable to the schemes are chai8ed to the Income and expendthre a¢count in the perlod to whlth they rel•ie. Ikl Judn•ts In ippMn4 polklEs •nd k•y ol•thDaih)n ufic•rtalnty No 5i4nlffcant judRements h•ve teen mèd• In Ipp" the accntIr polkles adopted. Sto¢ St£*k is stated at the lower of o)St and estimated 5dllne prke less £O$¢S to compkne and sèll. Cost indudes all cust5 af wr(hèse, tQ5ts 01 converylon and other costs incurred In brinwnÉ stc<k to hs ment bcatton and Condition. Im) Debtorsand tredltors rn¢•+4Ib1 payabk wlthkn Debtor5 and creditors with no 5raied Interest rate and receivab or payable With one year are recorded at transaction price. Any1055t5 arlsin8 frorn impalrrnent aTe iecognised In the ststement of mprehenSiVe lllu)me In other administratNe expenses.
FORE57 HILL ISHEITEREDI HOUSING UMITED NOTES TO THE FINANCIALSTATEMENTS IContiw¢d) FOftThE YEAR ENDEO 31ST MARCH 2014 Page 13 12 Monthi tts 3151 Marth 2024 7Munths to 31st Murch 2023 fjen•ral n••d5 Rent re¢eNalAe net of Identlliable seM¢e charges strCe charye incorne Other SUPPOrt servkes IlrKludln8 lunthe5 Jnd th'nnw51 78.792 96377 IIA78 49.367 6.681 Gr055 rerttreEehl 2ts.521 134.840 12L1461 242J75 111.49i7} 123.35Q Other r•Dt•l IbKonb• rest room yOrhlre Ladles offi¢e Waweave Swndry Inetrrne L766 1022 T¥rnov•r- l•ttl 1442JO 1241.371 Mana8tment Stryice ehdrqe costs lindudln8 1+x) Rwtlne and planned maintenance Exceptionèl refurblshmenTlrnaiTrtenan¢e Depreciotion of freehold property Release ofsocial houiin¥8rant for rKwrty 41,197 57,831 32.073 138,029 YJ22 153A63 16.559 IU751 9,660 12.844) 1408.3421 (137.9171 Oper•lln¥ surpJuslldeftdtl- lettirys f23.545}
PaBQ 14 FOREST HILL ISHELTEREDI HOUSING UMITED NOTE5TO THE ANANCIAL5TATEMENTS ICantkn4Kdl FOR ThEVEAR ENDED 315TMARCH 2024 a. EmpluyvtknfgnnatlDn 12 Months 7Months to to Ilst 3151 Mtrrch Mah 2024 2023 Total a¥era6e weewy ner t*sw50ns employed durlng the year was".- Offke staff SupervOr & household staff 12 Months to 315¢ Marth 1024 7Mwths to 31st Morch 2023 Staff costs If¢r the abov¢ penon51 WaAes and saLirle5 Stsdal securfty ¢OSts Pensbn iosts 84,815 42,658 2,103 771 44,761 The key m•na8emem personnd are conslderèd tobe the bo•rd of dlrectork Norernuneriyon w•$ received by the dlrect¢)rs In eiiher the Cufrtrt or wevkjus year. No employee earned more thoTh £EQ,CW In eltherthe ¢urr•ni Of we¥lous r. Int•T•St r•Eetvabl• •nd dmN•r Intorne 12 MDnth5 toJl Marih 1024 7Months 31st Morch 2033 Interest receible Tronations, fund ratsiTr¥ ewnts and T$1 In£ome Dwidend5 recefvod 269 250 5.973 150 9.Y26 91B 492
Page IS FOREsfHILLISHELTEREDI TrNJU51NG UMM) NOTES TO ThE FINANCIAL STATEMEMTS IContinue411 FOR THE YEAR ENDED 31ST MARCH 2024 5. Surpluslloeffdil OrdInarya¢iltI09 b•fore i•M•thxb 12 Months to 31st M1h 2024 7Months to 31st March 2023 SurplusllDeftitl on ordiTraryactqvities beforetsxation i5Statcd after chJryin8."- Depre(gation of taniible Owned fixtd assets 10,745 6. Taxatlon The charrty is an exempt charfty Wbthin the rneanlfig of Schedule 3 ef the tharhles Art 2011 and is con&dered to pass thv tests set Dut in Parasrdph J hedle 6 Fln•n¢e kt 2010 ahd therefore il rneet5 the deflnlllofi of thartlable company for iIK corporation tax puw 7. T•DWble flx•d •mts land and FIX¢$ Bulldh Trd For iettl FlltlnD Totsl I"Aprll 2023 575 117A53 693.661 dkions 2,603 2.603 tisposals 311 Marth 2024 575 120,456 694264 Oqpretl•tlon I. Aprll 2023 296,040 113,767 409,807 Char8e fer th¢ year 16.S60 IW5 18,444 ElInnation on dSsposa15 31" M8r¢h 2014 115,652 421251 N•1 book Alue 31M Mah 1024 263,108 26B,OIZ 31. Morch 2023 279.768 2B3.854 The CQSL ul ihE rvEeho ha5 bten e5umated at E5(.
FOREST HILL ISIIELTEREDI HOUSING LIMITED NOTES TO THE FINANaALSfATEM£P4TS ICtintIThd1 FOR THE YEAR ENDED 31ST AIARCH 2024 Page 16 ¥. In¥•stmvrrt&' loryt•tm 12 Months to 31st Marth 1024 7Months to 31st Morch 2023 Market value at I. Aprsl 2023 Addition5 015posals Net unrealised gakns Ilosse51 Movement In cash at bank awai trinvestment 12024.. £123.786 2023.. £25,844) 335 336,940 12Ji,9021 24,726 (6,44061 97J 5.329 Markel value •131. March 2024 226.619 335,863 The Inve#ment5 are held in a portfo9 cons{ of 1412023.. 301 Indl¥ldu•l tQ8ether wth ush awaltlng re-IAvestmenL 9. Debtor? 7Moftths to 3Jsr Mttr¢h 2013 to 31it M•r¢h Rental éebtor5 Prepaym¥nts Otherdebiors 2A69 4055 601 4.703 8,524 There were Th) reni1055e5 In tho twrent or pre4bOu5Y. Pa8e 17
FOREST HILL ISHELTtREDI HOUSING UMnEO NOTES TO THE F114ANCiAL STATEMEPITSICortinuedl FOR ThE YEAR ENDED 315r MARCH 2024 12 Mvnths to 31# Marrh 2014 7 Mmths ttr 315t Morth 2023 10. CredltOrs-•ntsfaIkknlthlTh one •1 Accr15 Other creditor5 Deferred Income 4.463 891 4,875 4A7S 10.421 10,233 11. Credit0Th-affts l•llrydu?4ft•rmtytthn orny 11 Months 7Monfhs to Its 31st 31st Miir¢h Marth 2024 2023 Delerrté Intofflo 97,182 102,057 12. Sh•re ¢aphl 12 Months to Jlst M•rth 2024 7 Months to 32rtMuf¢h 2023 Authodsed ordin•ry5hwes ol £1 •*h Alk)tted,155ueil and lulty ordhmry shares ol £1 each 73 73 The shares provide mÈmbers ¥Ath the rtAht to vote at General Meetin85 but do nrtcarry any rl8htS to a d(vldend tsr to di5tributlon M a W1nd1b4 UP. IJ. Ultlmate parent ¥ndertakl The cornpany Isa sub5idlary olthe YDrk5hire Lad(es CoutKI of Educauon Ilncorporaiedl a conwany kntorporated 5Th En8land. lSterd charty number S29714. 14 Capltal commments rhere were nocathl contractscommittedto, (Yauthord bythe boavd. attheyearend.