COMPANY REGISTRATION NUMBER: 224669 JOSEPH CROSSLEY'S ALMSHOUSES UNAUDITED FINANCIAL STATEMENTS 30 JUNE 2024 STREETS SPENSER WILSON CHARTERED ACCOUNTANT5
JOSEPH CROSSLEY'S ALMSHOUSES FIF4ANCIAL STATEMENTS YEAR ENDED 30 JUNE 2024 CONTENTS PAGE Officers and professioiial advisers Trustee5' report Independent &xaminer's r¢port to the Trustees of Joseph Crossley's Almshouses In¢ome and ¢xp¢ndttiire account StatemerLt of financial position Statemeat of cash flows io Notes to the financtal slatements li
JOSEPH CROSSLEY'S ALMSHOUSES OFFICERS AND PROFESSIONAL ADVISERS THE BOARD OF DIREcfoRS A Kendall M Archei. R A Price J Kendall L Mullin P Bowernian S Christie S Price A Boyd Cliair REGISTERED OFFICE 12 South Royd Avenue Halifax Wesi Yorkshire FIX3 OBL ACCOUNTANrs Streets Spenser Wilson (Yorkshire) Limited Chartered Accountants Equitable House 55 Pellon Lane Halifax West Yorkshire HXI 5SP Barclays Bank PIC POBox14 Halifax West Yorkshire HXI IBG SOLICITORS Wilkinson Woodward I I FoLintain Street Halifax West Yorkshire HXI ILU
JOSEPH CROSSLEY'S ALMSHOUSES TRUSTEES, REPORT YEAR ENDED 30 JUNE 2024 The trustees present their report Ènd the unaudited financial statements of the company for the year ¢nded 30 June 2024. PRINCIPAL ACTIVlEs Joseph Crossley's AlmshoLeS is a Charitable Trust (Association) with a]1 independent Board of Trustees providing accommodatlon for p¢rsons. of not less than sixty year5 of age, on low iT)Coe8. who at the time of appointtnent ar¢ regular attendees at a Protestant Church. The Charity aims to provide a cornfortable, caring Christian environment for its, residents. TRUSTEES The trustees who 5ery¢d the wmpany during the year were as follows.. A Kendall M Archer R A Price J Kendall L Mullin P Bowemian S Christie S Price A Boyd C Walker J Hudson D Fawcett Chair (Resigned 31 August 2023) Oiesigned 30 October 2023) (Resign¢d 20 MaTch 2024) REVIEW OF RESULTS FOR THE YEAR Fortheyear under review th¢ Charity had a surplus of £48,351 (2023= dtficit of £30,150)- This was after undertaking major repairs amounting to £47,364 (2023.. £82,796). This is made up of cyclical repairs £6.635 (2023.. £6.620) and ¢xttYordinary repairs £40,729 (2023: £76.176). PUBLIC BENEFIT The Trustees have consid¢r¢d the Charity Commission guidance on public benefit and considerthatthey have met their obligation by providing housing to individuals over sixty years of age on low incom¢s. sTATELENT OF COMPLIANCE The Trustees conftrm that the A550ciation has complied with the Homes and Communities Agencgs Govemance and financial Viability Standard Code of Praetiee.
JOSEPH CROSSLEY'S ALMSHOUSES TRUSTEES, REPORT f YEAR ENDED 30 JUNE 2024 CHAIR'S REPORT I'm pleased to be able to say that furtherto last year's chair's report, wllere we were pleased not to have any vacan¢i¢s, th¢ last12 months has been our most stable in terms of Residentturnover for some years. At end of year, all tlats are occupied, and we have had only one brief vacancy during ihe year. Last year we had a vacancy for the wal'dens positffion, and recruiting the riglit person for the role proved challenging, but l am pleased to report that the suggestion froin two applicants to perfonn the role as a job share, not living on site, has b¢¢n a great succ¢ss from both the Residents point of view, and the frustees. They now work 12 hoiirs per week eacli (24 in total), instead of the previous 20 hour a week contract. The new wardens have t&ken a bigger part in matL4ging the workmen. with extra tracking having been put in place, and this is often resulting in a quicker turnrouDd of maintenan¢¢ jobs. The Trustees WOL)Id like to thank ihem for all they do, as we know it makes a big differenee to tlie Residents. We have seen changes in our Trust¢¢s. with Colin Walker and John Hudson havin8 Stood down. David Fawcctt and Anne Boyd joined us, but David F&wcett later stood down as he was unable to give the role the time he felt it needed. Trevor KehaW joined us as treasurer and has quickly got up to speed on managing our finance5, and the Trustees would like to record their thanks to him. Largely due to the increased stability of oiir Residents, our finances have seen a stepped improvement. lii t]ie previous 12 montlis we often had cash flow problems, but our reserves have b¢en restored dui'ing thi5 financial year. The Shawbrook account had been closed in June 2023, biit we have now opened a 'reserve account, with Barclays and placed £40,000 in this. This will Vdm a small amount of interes( which it didn't in the current ac¢oun( and restores the reserves to pre-covid levels, wh¢n we used them to r¢t"urbish the chapel. The last twelve months seen a r¢new¢d interest in 'lraining' in all its many foiins, and our first away day has seen a stronger relationship b¢ino built with other Almshouses in the Calderdale area, and the Ca]derdale Almshouse Foruin will start to tneet later this year as a result. The clerk's work ha5 increased Significantly in reeenl years due to increased government l¢gislation. The Trustee5 plan to look at deregistering as a Social HoLising provider, preferring to use th¢ Almbhouse AssociatiotL and the Charity Commission for our guidance and governaT]ce. Our thanks to Gill for her eontinuing excellent and diligent work as our Clerk. Finally I would like to thatlk all of Olir Trustees for their continued dedication. I know our Residents appreciate all they do. Alan Kendall
JOSEPH CROSSLEY'S ALMSHOUSES TRUSTEES, REPORT (cont1}Ni1) YEAR ENDED 30 JUNE 2024 CLERK'S REPORT The Aitnshouses have been niore or less fully occupied througbout the year and enqiiiries regarding residenc¢ have continued, altlioiigli not all interested parties meet the residency criteria. There is ¢urrently one person on the waiting list. The Founder's Day service in June was led by the Reyd Catkon Hilary Barber of Halifax Minstsr and attended by the Mayor of Halifax. Ashley Evan5 and Steve Duncan, deputy Lord Lieutenant of Yorkshire. Residents and friends enjoyed a hearty tea after the service. Anne Boyd and David Fawc¢tt were welcomed as new tiustees iii October 2023. Ilnfortunatcly David ELaS fclt unable to continue due lo family commitmellts. Resignations were also received during the year from Colin Walker. Janet Walker and John Hudson. In addition we welcomed Trevor KehaW as tt'easurer in October 2023. Following the resignation of our resident warden. it proved difficult to attract a suitsble Candidate who was willing and able to live in tl)¢ warden's flat. In October. the Trustees appointed Kim Wade and Angela Ross for a 6-month trial period on a job share basis. This appointment has proved successful with both Trustees and residents. Thiirsday services hav¢ continued ivith the usual mix of visiting pre&chers leading worship. The list of worship leaders has grown over the last few years giving resident5 a wide vart¢ty of different worship styles Thanks are due once again to our preachcrs and accompanists for their loyal service. In May tlie Trustees attended an Away Day. The Almshouse Association also ran tlieir Almshouse Way course which many of tlie Trustses attended. Gill Brooke
JOSEPH CROSSLEY'S ALMSHOUSES TRUSTEES, REPORT (eoijiiiiiiert) YEAR ENDED 30 JUNE 2024 iTrrrERNAL FINANCIAL CONTROLS The Board is responsible for ensuring that flie Charily maintain5 a system of iiitemal financial ¢ontrol, including suitable monitoring procedures. Th¢ system is designed to ensiire tlie maintenance of proper Accounting records and the reliability of the financial infomjaiion used by tlie Board or for publication, but any such syst¢m can only provide reason&ble, and not absoIute, assurance agafftnst misstatement or 105S. In fulfilling thes¢ responsibilities the Board has revi¢w¢d the effectiveiiess of the 5ySteni of intemal controls on the basis of the criteria set out in tlie Housing Corporation circular'lnt¢rnal financial ¢ontiT)I and finmcial reporting,. The Charity's maln internal controls diiring the financial year included.. (a) clear responsibilities on the part of financial manag¢ment for the maintenan¢e of good finanoial controls and the production of acciirate and timely fmancial illanagement information (b) subjecting all planned major propety maintenance to a detailed risk assessment process (c) detailed monthly budgeting and reporting of operating surpluses and cash t]ows with regular review by m&nagem¢nt of variances fLom budget5 (d) the control of key financial risks throiigh clearly laid down authorisation l¢vels and se'egat]0ll of accounting diities (e) v[¢W by the Board of the effectiveness of the system of internal financial controls. Th¢ Board confirms that it ha5 reviewed the effe¢tiveness of the systein of internal financial control and the system as a whole was found at the time of approving the finaT]cial ststements to be generally 8ppropriale to the scale of the C&arity's a¢tivities. The Trustees continued to exercise diligent management and control of the Charity's finances. RESERVE POLICY The R¢venue Res¢rve is maintained at a level whi¢li, in the opinion of the Trustees, is appropriate lo provide for the commitments of the Charity for th¢ lor¢see&ble future. The Trustees set aside a sutll each year for Cycli¢al and Extruordinary Maintenance. These swns are based on the recommended amount per unit as advised by the AITnsliuuse Association. The Trustees have evaluated these figures and. from previous ¢xperi¢nc¢. believe they arc adcquate for the typ¢ of property held by the Charity. VALUE FOR MONEY ASSESSMENT Whi18tthere has been a sm811 increase in the weekly contribution received from residents, contributions remain significantly below market rental rate5. The Association lias continued to maintain and invest in Ibe properties for the benetit of th¢ r¢sid¢nts. The Trnstees therefore believ¢ thatthey have detnonstrated their commitment to achieving value for money.
JOSEPH CROSSLEY'S ALMSHOUSES TRUSTEES, REPORT (coiitittued) YEAR ENDED 30 JUNE 2024 TRUSTEES Tnistees are appointcd from local churches. They hold office for five years and are then put forward for re-appointh)ent. Oi) becoming a Trustee they are given a copy of the Residents, Handbook, and also the Charity Commission Handbook. They are provided with an inductioi). and, dui'ing their lengtli of 5erYi¢e: with a copy of Ilie Almshouse Federation quarterly magazin¢. Newly appoint¢d Trustees accompany existing Trustees on several visits to residents and prospe¢tiv¢ residents. in order to gain experience. After these initial inductions, Ihey then visit residents on theirown. STATEMENT OF RFSPONSIBILITIES OF THE BOARD Housing Association legislation r¢quires the Board to prepare financial statements for eacli fmaneial year whicli give a true and fair vieiv of the state of affairs of tlie Charity as at the end of the financial year and of the incolne and ¢Kp¢nditiire for the yeAr ended on that date. In preparing those firLallcial stattments the Board is required to.. a) select suitAble accounting policies and then to apply them Consistently b) make judgements and estimates that are Teasonable and prudent c) state whether applicable accounting standards have been followed subject lo any material departures disclosed and explained in the flnancial statements d) prcparc thc financial statem¢nts on a going concern basis unless tt is inappropriate to presume that the Association will continue in operational existence. The Board is responsible for keeping proper OUntIng records which disclo with reasonable accuracy at any time the financi31 position of the Charity and to enable il to ensure the fillancial statements comply with the Industrial and Provident Societies Act 1965 to 1978, the Eaousing Act 1996 and the Accounting Direction for Private R¢gistered Providers of Social Hoiising in England 2019. The Board is also responsible for establishing and tnaintaining a satisfactory system of control of the book5 of account, the cash holdings and &ll th¢ reccipts and remittances of the Charity and hence for taking reasonable stcps for the prevention and detection of fraud and other irregularities. This report was approved by the board of director5 on 18 DeceF]]ber 2024 and signed on behalf of the board by: A Kendall- Chair Trustee Registered office-. l2 South Royd Avenu¢ H21if&x West YorksELire HX3 OBL
JOSEPH CROSSLEY'S ALMSHOUSES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JOSEPH CROSSLEY'S ALMSHOUSES YEAR ENDED 30 JUNE 2024 I report to the trnstees on my ¢xamination of the financial statements of105epli Crossl¢y's Almshouse5 ('th¢ charity,) for the year ended 30 June 2024. RESPONSIBILITIES AND BASIS OF REPORT As the trustees of the charity you are responsible foT the pjyparation of lh¢ financial slatements in accordance with the requirements of the Ch'tieS Act 2011 ('the Act')- '[ report in respect of Iny ¢xaminalion of the charity's financial st&t¢m¢nts Carried oiit under section 145 of the 2011 Act and in catrying out my examination I Ive followed all the applicable DirectlDn5 give by the Charity Commission under section 145(5Kb) of the Act. INDEPENDENT EXAIVllTr4ER'S STATEMENT I have completed my exillninalion, I conffftn that no material matters have come to my attention in connection with the examination giving tne cause to believe that in any mat¢rial r¢spect: accounting r¢cords were not kept iii respect of tlie cli8rity as required by sectioll 130 of the the financial statements do not accord with those records. or the financial statements do not con]ply with the applicable reqllireinents Concerning tlie fonn and content of account5 Set oiit in the C,harities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'te and fail view which is Ilot a matter considered as part of an indeptndcrtt examination. I have no concerns Rnd have come across no otheT matters in connection with the examination to which attention should be drawn in this report in order to enable a proper iinderstanding of the accounts to be reached. S R Shacklock FCA Independent Examiner Equitable House 55 Pellon Lane Halifax West Yorkshire HXI 5SP 18 December 2024
JOSEPH CROSSLEY'S ALMSHOUSES INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 30 JUNE 2024 2D24 2023 F4ote COME 131,969 113,390 Operating ¢xpenditure Other operating income 118,038 21,434 152,583 14,359 NET INCOMEI(EXPETr4DITURE) 35,365 (24.834) Gainl(loss) on fin&ncial assets at fair value through profit or Ios5 Othei. int¢r¢st receivable and Similar income 12,978 (5,316) SU]iPLUSI(DEFIcrr) FOR THE FINANCIAL TrIAR 48J51 (30.150) RETAINED EARNINGS AT THE START OF THE YEAR 219,613 267,964 249.763 219,613 RETAINEI D EARf4INGS AT THE END OF THE YEAR All the activities of the ¢OEnnY are from continuing operdtions. The llotes oll pages 11 to 16 form par¢ of these financial statements.
JOSEPH CROSSLEY'S ALMSHOUSES STATEMENT OF FINANCIAL POSITION 30 JUNE 2024 2024 2023 Note FIXTD ASSETS Tangible assets li 497,781 504,802 CURRENT ASSETS D¢btors Investhents Cash at bank and in hand 12 13 909 217213 59,086 277,208 880 201,739 30,037 238.656 CREDITORS: amounts falling due wiihin Olle year NET CURRENT ASSETS 14 15J12 25,886 261.896 212,770 TOTAL ASSETS LESS CURRENT LIABILITIES 759,677 717,572 CREDITORS: amount5 falling due after more thRll olle year Accruals and deferred inconie 430,833 43 7,079 NET ASSETS 328.844 280,493 RESERVES Capital reserve Revenue reserve 60,880 267964 60,880 219,613 280,493 SHAREHOLDERS FUNDS 328,844 These financial statements were approved by the board of directors and authorised for issue on 18 D¢¢¢mb¥r 2024, and are signed on behalf of the board by: A Kendall Truste¢ The notes on pages 11 to 16 form part of ¢bese fjnancial staÉements.
JOSEPH CROSSLEY'S ALMSHOUSES STATEMENT OF CASH FLOWS YEAR ENDED 30 JUNE 2024 2024 2023 CASH FLOWS FROM OPERATING ACTIVTTIES Profit1(lo) for the financial year 48J51 (30,150) Adjusliiienlsfor.. Depi'eciation of t8ngible assets Government grant income (Gain)Iloss on financial assets at fair value through profit or10sS Other interest receii'ablc and similar income Accrued expens¢sl(income) 7,021 (6,246) (12,978) (8) 355 7,021 {6,246) 5,316 (10,777) Changes in.. Trade and other debtors Trade and other creditors (29) (15,304) 21,162 (264) 10,209 Cash generated from operations (24,891) Interest received Net cash frotnl(used in) OFKratiiig activities 21,170 (24.891) CASH FLOWS FROM ]NVESTING AcrIvrrIES Purchase.% nf other invcsttiicnts Proceeds from sale of other investments (2,496) (5,316) 2,919 Net cash used in investing activities {2,496) (2.397) CASH FLOWS FROM FINANCING ACTIvrrIES Proceeds from borrow'ings Net cash from finan¢ing a¢tivitAes 4J75 4J75 Tr4ET INCREASEI(DECRIASE) IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CASH AND CASH EQUIVALKNTS AT EIYD OF YEAR 23,049 36,037 (27,288) 63,325 36,037 59,086 The no*es on pages 11 to 16 forni part of these finJneial statements. io
JOSEPH CROSSLEY'S ALMSHOUSES NOTES TO THE FINANCIAL STATE1Ts YEAR ENDED 30 2024 GENERAL INFORMATION The Association is a registered social landlord willi the Regulator of Social Iloiising (Registration No. A1274) and a registered charity. The Charities address is Arden Road, Halifax, HXI 3AA. STATEMENT OF COMPLIANCE The5¢ financial statements have been prepared in complian¢e with FRS 102, 'Tlie Financial R¢port&ng Staudard applicable in the UK and tlie Republic ofTr¢land' and the Housing SORP 2018: Stslement uf Recommended Practice for Registered Social Housing Providers and comply with the Accounting Direction for Private Registered Providers of Social Housing 2019. ACCOUNTING POLICIES Basis ofpreparatioll The Trustees believe that it is appropriats to prepare the financial ststements on a going conc¢rn basis as thcrc are no material uncertainties relatino to events or Londitions that maj. cast signifi¢alll doubt on the ability of th¢ Charity to continue trading for the foreseeable future. The financial statements are prepared in sterling, which is the functional Clien¢Y of the enlity. Judgements And key sources of estimation uncertainty Th¢ prcparation of tile finan¢ial statements requires m&nag¢ment to make judgeinents. ¢stimat¢s and assiimptions that affect the ainounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future eiTents that are believed to b¢ reasonable under tlie circumstances. There are llot considered to be any judgements or accounling estimates or assumptions that have a significant impact on the fman¢ial statement5 Revenue recognition Turnover is measured at the fair value of the consideration CeiVed or receivable and repi'esenls amounts receivable for maintenance¢ontributions, slated net of voids. li
JOSEPH CROSSLEY'S ALMSHOUSES NOTES TO THE FINANCIAL STATEMENTS (conllnii YEAR ENDED 30 JUNE 2024 ACCOUNTING POLICIES (coJuinii£d) Tangible assets Tangible assets are initially recorded at cost. iTLcluding capitalised structural devejopment work, and subs¢qu¢ntly slated at C05t less any accumulated depreciation. The Charity has adopted the Statement of Recommended Practice (SORP) Accountin8 for Registered Social Ftousing Pioviders Updated 2018. Thi5 requiiEs the Charity to identify th¢ majorcomponents which mak¢ up its Flousing Properties and depreciate tliese over their individual economic live5. The Tntstees are of th¢ opinion that the cost of the freehold housing, land and buildings include Structure only. Bathrooms, kitchens, ¢t¢ have not been capitalised. They have been debiled to the various repair funds. Depreciation Depreciation is calciilated so a5 to write off the ¢ost or valuation of an asset, less its rgsidual value, over the useful ecortomic life of that asset as follows.. Freehold property 10/0 Straight line Government grants Housi118 A5so¢iatioii GE'aJits (HAG} by (IL¥ D¥purLiii¥nl vf Lh¥ Envirynmttnt and ur¢ utilised to reduce the amount of mortgage loan in respect of an appi'oved scheme to the amount which it is estimated can be servi¢ed by the net annual income of the scheme. The amount ot HAG is calculated on the qualifying costs of the scheme in accordance with instructions issued from time to time by the Department of the Envirotlment. The grant AS recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the entity will comply with the conditions attaching to tliem and the grants will be rec¢ived. HAG grants ar¢ recognised using the accrnal model. Under the aCUal model. grants xrlating to assets are re¢ognis¢d in income on a systematic basis ov¢r th¢ ¢xpected useful life of the asset. Finallcial instrllmehts The charity onlyhas financial &ssets aiid financial liabilities of a kind that qualify as basic finan¢ial instruments. Basic finan¢ial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exceptirtrn (Jf bank l()ans whieh subseqiieiitly measured at atnortised cost usino the effective ittterest method. Defined contributioll plRns Contributions lo defined CODtribution plans are recognised ss an expense in the period in which the related service is provid¢d. Prepaid contributiolls are recognised as an asset to the ¢xtenr that the prepayment will lead to a reduction in fuhire pAyments or a cash refund. 12
JOSEPH CROSSLEY'S ALMSHOUSES OTES TO THE FINANCIAL STATEMENTS (coH11lled} YEAR EIWED 30 JUNE 2024 COME The whole of the income is attributable to the principal a¢tivAty of the company wholly undertaken in the United Kingdom. PARTICULARS OF MAINTEF4ANCE COIYTRIBUTION 2024 2023 Maintenance contribution Less: Losses from debis and voids 133,516 047) 131,969 124.800 (11,410) 113.390 There are 33 housing accomtll(Klation uhits in management in the current and pr¢vious year. The office ftat is not included in the calculation of tnaint¢nance contributions. OTHER OPERATING INCOME 2024 2023 Government grant income Other opernting income 6,246 15,188 6.246 8,113 14J59 21,434 OPERATING PROFITI(LOSS) Operating profit or10sS is stated after charging.. 2024 2023 D¢pre¢iation of tangible assets Independent examination 7,021 2,025 7.02J 1.840 13
JOSEPH CROSSLEY'S ALMSHOUSES NOTES TO THE FINANCIAL STATEMENfs {toKliKMe YEAR ENDED 30 JUNE 2024 STAFF COSTS The average number of petsons employed by the company during the year, inGluding the trustees. amounted to.. 2024 No. 2023 Administrative staff The aggr¢gale payroll costs incurred during the year, relating to the above, were.. 2024 2023 Wages and salaries Otlier pension ¢osts 8,662 18,339 138 8,662 18,477 No employee reccived emplayment b¢n¢fits of fflore than £60,000 during the current or previous period. No Trustees have received any r¢miinerdtion or otherbenefits in the current or pr¢vious period. OTHER INTEREST RECEIVABLE AND StMtLAR INCOME 2024 2023 Inte$t on cash and cash ¢qiiivalents 10. TAXATIOF4 The Association is a charity and therefore not llable to corporation l&x. 11. TANGIBI ASSETS Freehold property Cost At l July 2023 and 30 June 2024 Depreciation At l July 2023 Charge forthe year At 30 Jutte 2024 702,080 197278 7,021 204299 Carrying amount AI 30 June 2024 497,781 504.802 At 30 June 2023 14
JOSEPH CROSSLEY'S ALMSHOUSES NOTES TO THE FINIINCLIL STATEMENTS (COlll¢iwedJ YEAR ENDED 30 JUNE 2024 12. DEBTORS 2024 2023 Prepayments and accrued income 909 880 13. INVESTMEIYTS 2024 2023 NAACIF investment COIF investment Black Rock investment 59,047 97,036 61,130 217213 55.433 89,610 56.696 201,739 14. CREDITORS: amounts f*lling due withill one year 2024 2023 Other loans Trade creditors Accru&ls and deferred income Socid security and other tsxes 4J75 1,999 8,938 5,244 20,458 l84 15J12 25.886 15. EMPLOYEE BENEFrrs Deflned contribution plans The amount recognised in profit or loss as an expenst in relation to defined contribution plans was £Nil {2023-. £138)- 16. GOVERNIVIENT GRAiYrs The amounts recognised in tbe financial statements for government grants are as follows: 2024 2023 Recognised in creditor5'. Deferred government grants diie within one year Deferred government grants due after more ihan one year 6,246 430,833 18,121 437,079 437,079 455.200 Reoognised in other operating income= Gov¢mment grnnts released to profit or Ios5 6,246 6.246 15
JOSEPH CROSSLEY'S ALMSHOUSES NOTES TO THE FINANCIAL STATEMENTS (coizlinii¢d) YEAR ENDED 30 JUNE 2024 17. ANALYSIS OF CHANGES tN PIKT DEBT l Jul 2023 Cash fiows 30 JUD 2024 Cash at bank and in hand Debt due within oiie year Current asset investments 36,037 23,049 {4,375) 15,474 34,148 59,086 (4,375) 217,213 201,739 237,776 271,924 J6