Charity reglstratlon number 232550 DOWNSIDE ABBEY MISSION TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 DOWNSIDE ABBEY MISSION TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustee The Downside AbbEyTrustees Reglstered Charlty number 232550 Regi51ered Office Downside Abbev Stratton-on-the-Fosse RADSTOCK BA3 4RH Inde￿ndent examlner ML Audit LLP 4 Queen Street BATh Somerset BAI IHE Bankèrs Barclays Bank PIC PO Box 2156 l M3nver5 Street BATH Somerset BAI IJ2 Solkltors Stone King LLP 13 Queen Square BATH Somerset 8A1 2HJ DOWNSIDE ABBEY MISSION TRUST CONTENTS Page Trustee5 Re￿rt Independent examlnerfs report Statement of flnancial actNities Balance sheet Notes to the financi31 ststement5 9-20 DOWNSIDE ABBEY MISSION TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present thelr report and financial statements forthe yearended 31st December 2025. The financial statemersts have been prepared In accordance wTth the accountln8 pollcle5 set out In note I to the financlal statements Bnd cDmply with the Charlty's governlng document, the Charities Act 2011 and Accountlng and Reporting by Charities.. Statement of Recofflmended PractSce appllcable to tharities preparing their accounts In accordance wlth the Financial Reporting Stsndard applicable in the UK 3nd Repvbllc of Ireland IFRS 1021 (effective I january 20191" Objec￿¥t$ and actlvitles TheTrust Deedallowsforthe pur5Uttof such charltable purposesconnected w￿h the Roman Catholic Church a5theTrustees. in their discretion and with the written consent of the controller. belngthe Abbot of Downside, think fit. The Charity efferts the runnlng of parlshes whlch are the flnanclal and pastoral responsibillty of Downside Abbey, ènd is responsible for the maintenance. ￿furbI$hrnent and ptsssible rebuildlng of the churches, p￿$bYterIeS and ha115 of these parlshes. and for the Maintenan￿ of the prlests servlng them. The amount5 of grants and donatlOn5 Payable I￿ considered in light Dfthe level of ￿serveS available. Grants and donatlons from central funds are authorised by the Charlty Trustees. Smaller gtant5 and donations payable by the Indlvidual parishe5 aregenerally lefttothe discretion of the parish priest involved. However, this is revlèwèd periodically bytheTrustees.Second Ilections are taken throughout the yearforspeclfic charltie5 and fijnds. Pr<>tectloA of Children ¥nd Vulnerable Adults Like all other organlsatlons who Serve in the comtnunlty. the trustees recognlse tho absolute necéssity of ensuring the protectlon and safety of all those the charlty serves in any way. This means th8t thÈ trustees, clerEyi volunteers Znd staff Engaged in the work of the charlty In Great Brltaln must obta1n Clearance from the Disclosure and Barrin8 Service IDBSI. The trustees are fulty committed to irnplementin8311 policles and procedure5 Of the Catholic Safeguarding Standards Agency. Athle¥ements and p¢rlorrThince In 2025. the maln focus of our mlsslonary attivity has been throu8h the parlsh churches of 5t Benedlct. Stratton-on-the- F05se, and Holy Ghosr Church. Midsomer Norton. Dom Martin Gowman, a5 priest In resldence, has been working hard to relnvigorate Catholic parish Ibfe in the village and surrounding area and to work closely with the local deanery and Cathollc schools, Hels also seeklng to develop ecumenlcal d131ogue in the Ylllage SIn￿ the c105ure of the AnKlican church of 5t Vi80rfs. The two parish churches areopen regulartyforvlsltorsand privatw prayerand under Dom Martin's 8uidance, social initiètNes wfchin the parlsh are popularandencoura8e village intefactlon.The introduttion tsf Soup and Cheese Lunches to ralsefunds for partlcular projects has been PDpuLAr. a5 too the inttlatlve to host the Notre Dame Cèfé. a rnonthty evènt org4nlsed I￿31 xhool pupSls. Durln8 the year. there were tslk5 Ill the parish hall on soclal and environrr*ntal issues, fa5th pilgrimè8e5 andCAFOD outreach. The PrayÈr, Praise and Plzza evenlng5and Communlty Brln8'n Share lunches havealso beensuccessful. The Parish Flnance and Pastoral Cornmittee5 continue to meet regulady to COn5idèr new Ideas for pastoral outreach and waysof ralsing Income to 5UPPOrtthese pastoral actlvltSes. One of the Trustee5 attendsthe quarterly rneetln8 of the parish's finarre committee and reports back to the DAMT on finance and malntenance Issues. The Char1ty and parlsh iontlnue to $upport a Wlde variety of charitle5 thot work tx)th In the UK anc$ 3tsroad. 3nd to suprx)rt local schools and the dlsadvantased who Ilve locally. Much of thls work Is done In conjunrtion with other churches and InstitutiOn5. DOWNSIDE ABBEY MISSION TRUST TRUSTEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Publlc Benefft The tTUStee5, In pursulng the chartW5 act1￿**3 and oblectlves, have had regard to the general BUIdan￿ publlshed by the CharSty Commisslon on public teneflt. The actfvitles undenaken and providing public benefft Include= the provlslon of safe pkces ol as5embty and worshlp for the Catholic community and through upkeep and publi¢ aC￿$s*05￿Ch bulldings. which are USL*ally listed as klng oFspeiial or h15torical architectural Interest. Offerlng ￿1￿810￿5 and pastoral serylces, educational progrèmmes, traSnlng ènd charitable support and asslstance forthefurtherance ofthe Roman Catholic Church. The maln vehSclesforthe5e ministrie58re parlshes, ¢hapl3incie5, schools. ènd OUt￿8¢h a8encle Facilitating religlous practice,. such actlvlties Include conductln£ rellglous ceremonles (such as baptlsms. weddings and fvn*ra151, and maintalnlng ￿lI81ou5 burlal 8rounds. Therels also a beneflt to the 8eneral publlc as our chtsr¢hes are open to people of all faiths ènd rsone. for ￿rsonal spirtual contemp14tion. Finandal revlew Total net outgolng resourts5forthe yearatTh)unted to £3.18312024.. IntomSng El,2931. Collectlons ènd fundraisin8 Income ha5 decreased to £34,55912024.. £40.0681. Charltableexpenditure has decreased to £47.46312024.. É49,3751. The Charlvs balanee sheet shows a satlsfattory position wlth funds amountlng to £685,22712024.. £688.4101. Included wfthln the Charfty'5 a55ets are fixed asset investments totslllne £400,tKKJ12024.. £400,(KX)l. All Investments held by the Charlty have been acqulred In accordance with the powers avèilable to the Trustees. DOWNSIDE ABBEY MISSION TRUST TRUSTEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Re5erve5 Notes 16 to 19 to the fln3nci21 statements show the assets and liabilities attrlbutable to the v3rious funds by type and at50 shgwthe varlous trusts of the Charity and summarise the year'5 movement In each fu￿d. Thé reserves of the Charity at the year-end that Hre freely avallable for charitsble use are as follDW5.'- 2025 2024 Total rese￿eS as ot 31 December Less.. Permanent Endowment Funds Restricted Funds T4ngible Flxed Assets used for charitsble purposes forming part of un￿$tritted Funds 685.227 688.410 111,3731 111,3731 15001 1189,4481 1191.6781 Free Reserves of the Charlty 482,176 487,089 The level of free reserves has deC￿aSed to É482,17612024.. £487,(1891. It15 rrore useful to exp￿55 the level of reserves in term5 of months recurring unrestricted expenditure. This 15 difficult due to the large fluctuations in the costs of malntaining the Charity'5 propertles. Assuminga recurrlngannual maintenance cost of £25,IJOOthe free reserves representapproxlmately 84 months recurring e¥penditure12024.. 85 rnonthsl. The Trustees are satlsfled that there are adequate reserves to meet day to day expendituie. However, the Charity h3S two churches which are old bullding5 requirinE on-going maintenan￿. Additional sources of funds would have to be found to larry out major renovBtion projects. The Trustees are permitted by the terms of the Trust Deed to rnake Investment5 in any manner£llowed by law fortrust money. The investments are held entlrely In bank depositsto provide minimum risk. Corporate Governance a￿1 R15k Management Downside Atjbey Mlssions Trust and its Board of TrtsstÈÈ3 are commited to high standards of corporate governance. The Trustees have exatnined the prfncipal areas of the Trust's operations and conslderÈd the major risks faced in each of these area5. In the opinion of the Trustee5 the Charity has established resource5 and review systems which, vnder nomial condition5, should allow thÈse risks to be mltigated to an acceptable level in its day to day opeiatlOn5. DOWNSIDE ABBEY MISSION TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Plan5 forthe frjture The Trustee5 will be lookingto conttnue to encourage and asslst the development of the Roman Cathollc falth In our parlshes and loral Catholic 5chooSs. During the past year, the Trustees engaged the servKes of a historic buildings surveyor, Philip HuBhes ASs￿rateS LLP, to survey and pre￿re a Schedule for repair5 for St Benedlcys Church. Stratton on the F0$5e, and the Holy Ghost Church in Midsorner Norton. We twait the final report and wornmendations to the Trustees who will begin to implement the recommendations of these rewrts, workin8 closely with Historlc En8land and the Southern Hlstoric Churches Committee. The first stage of utility Improvementsfor St Benedlrt's churih, fkts and hall Is scheduled for 2026. The monastlc community which generally provldès the clergy for our ￿rIsh and mission attivity continue their discernment frorn theirtemporary home in Hereford. It is hopedthat in 2026 theTrust will be able to ad3Pt2nden8a8e In new missionary and pastoral work once thls periDd of discernment is complete. The Trustees will be workine with the Charity Commi$5iOn to understand whether the Chariry should be repurposed or am8lg3mated in some way. The Trusteeswill ensure thatthe parish and mission funds and artivities are restritted and In line wlth the oblectlveg and aims of the Mlsslon Trust. Strurturej governance and management Downslde Abbey Mlsslons Trust was constltuted by Trust Deed in May 1932 ès amended by Deed of Variation dated 6 October 2009,. it 15 a registered charity, nurnber 232550. The Trustee of Downside Abbey Missions Trust is The Downside Abbey l¢ornmonly known as the £50 Trust). belng an incorporated body of Trustees and reglstered charity number 232549. The following nx)nks made up the Board ofTrustees.' Rt Rev Abbot Nlcholas Phlllp Wet2 Icontrollerof the Trust) Rev Martin Joseph Blanco Hood Rev Marc Davld Brumwell Organlsatlonal 5tru¢wre The prlncipal attivlty of the Charfty Ss to manage and adrnlnlsterthe capital funds, deposits and financlal tran￿CtionS of the Roman Catholic parlsh in StFatton on the Fosse in the furtherance of the objects of the Trust Deed. The Parish priest is responsible to the Trustees forthe running of the parlsh account. TheTrustees author15e grants and loans out of the Central funds tothe parlsh. Management The Controllerof the Trust, being the Abbot of DDwnslde, has absolute dlscretlon over the appointment and removal of Trustees of The Downslde Abbey General Trust leommonFy known asThe £50 Trust). The practi￿ isforthe MonastlcCorntnvnttyt05electcertèlnof itsmernbersto beTrustee5and forthe othersto beappolnted by the Abbot. DOWNSIDE ABBEY MISSION TRUST TRUSTEES REPORT {CONTINUED} FOR THEYEAR ENDED 31 DECEMBER 2025 Connetted Entkles The followln8 entities are tonnected to Downslde Abbey Misslons frust:. DownsSde AbbeyGeneral Trust IA Company Umlted by Guarantee), Downside Abbey. Stratton-on-th￿FO5se, Bath. BA3 4RH ICh3rlty Number 11585071. The above entltles are controlled by The Downslde Abbey (commonly known as The £50 Trust) ￿Ing an incorporated body of Trustees (Charity Number 2325491. The a55et5 of Downslde Abbey General Trust ère held separately from those of Downslde Abbey Missions Trust. Statement of trustees, respon5ibilit4es The trustees are responsible for preparlngthe Trustees Report and the financlal statement5 in accordance with applicable law and United Kingdom Accountin8 Standards (United Kingdom Gener31ty Accepted Accountlng Practlcel. The lawappllcable10 charltles In England and Wales requlresthe trustee5 to prepare hnanclal ststementsfor each financlal yèar which give a true and falr view of the state of affalrs of the Charlty and of the incomlng resources and application of resources of the Charity forthat year. In pre￿rIng these financi31 staternents, the trustees are required to: select sultable accounting policies and then apply them consistentW,' - observe the methods and princlples in the Ch3ritles SORP- - make judgement5 and estimate5 that are reasonable and prudent.. stste whether applicable accounting ttandards have been followed. subject to any rnaterlal departures disclosed and explained in the financial statements,- and p￿pa￿ the financial Statements on the going conc2m basls unless it is inappropriate to presurne that the charlty VAII tontinue sn operatlon. The trustees are responsiblefor keeping sufFicient accountln8records that dlsclose wrth re850n3ble accuraryatanytimethe financial p051tion of the Charity8nd enablethemtoensure thatthe financial st8tement5 cornply with the CharltlesAct 2011. the Charity IAccounts and Report51 Regulatlons 2008 and the provisions of the trust deed. They are also responsible for 53feguarding the assets of the Charlty and hence for taking reasonable steps forthe prevention and detection of fraud and other irrègularities. The trustees. report was approved by the Board of Trustees. Rt Rev Abbot Nlcholas Phlllp Wètr Icontrollerof th•frustl Trustee Dated.. DOWNSIDE ABBEY MISSION TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DOWNSIDE ABBEY MISSION TRUST I reporttothetrustees on my examinatlon of the financial ststementsol Downslde Abbey mIs￿On Trust (the Ch¥rkyl forthe year ended 31 De￿mber 2025. Responslbllltles and basls of report As the trustees of the Charity you are responsible for the preparatlon of the flnanclal stateft*nt9 In èccordance with the Tequlrements of the Charities Act 2011 Ithe 2011 Artl. I report In respect of my examlnation of the Charity's flnancial 5taternents carried out under sectlon 145 ol the 2011 Act. In carrying out tny exarnlnation I have followed all the applicable Directlons glven by the Charity Commssion under section 14515llbl of the 2011 Act. Independent exarnlner's Statement I have completed myexamlnation. I confimi that no ff4tters have come to my attentioTr In conwectlon wlth the exatDiThatlOSl 8fvlng rne cause to belKwethat ir% any material respect.. accountlng records were not kept in respett of the Charity as ￿quI￿d by 5￿tion 130 of the 2011 Act.. or the financial statements do not 3ccord with those record5', or the flnancial statements do not complywiththe appllcable requlrements concernlngtheform and content of accounts set out In the Charitles (Accounts and Reports) Regulations 2008 other than any ￿QUirer￿ent that the accourts give a true and fairview which is not a rnatter consldered a5 part of an 1ndependent examination. I have no concernsand have corne acr05s no other matter5 in connectlon wlth the examination to whlch attention should be drawn in thi5 report ¢n order to enable a proper understandlng of the flnancial statements to be reached. m Lenvlll FCA BFP Milsted Langtbn LLP 4 Queen Street BATH 5omer5et BAI IHE Dated.. 211￿12025 DOWNSIDE ABBEY MISSION TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestrkted funds fndowmirt funds Totsl 2025 Yot41 2024 funds 2025 Income Donation5 and legacles Investments 32.299 9,(￿? 35,193 9.087 42,568 8.1fy) Total In¢omea*d 41.386 2,894 44.280 Ch3ritableatti¥ities 44￿69 3,394 47,463 49,375 Netgai05 on investments io Net leXwnd￿ur*]/￿tomQ fotthe yeavl Net muvementln fvnds I2.6￿) 15(N)I I3,￿> L293 Fund balances at lJanuary2025 676,537 11.373 688,410 687,117 Fund balanc•5 at 31 DI￿rnbel 2025 673,8S4 11?73 68S.227 688,410 DOWNSIDE ABBEY MISSION TRUST BALANCE SHEET AS AT 31 DECEMBER 2025 Note5 FiN•d 45$ T3Dgible asse15 InvestmeDt propertles 12 13 191,678 400,WO 189,448 400.ow 591.678 589,448 Cytrentasws Debtors Cash at b3nk in hand 50.437 45,512 1,062 100,30D 95,949 IDI,362 Creditors- •moynts f•llln8 du•￿thIn one year 15 12,AODI I2,4￿> Net Curreni assets 93,549 98,962 Total •ssets ￿5$ ¢utyent IlabllRles 685,227 688.410 685.227 688,410 C*pitalfvnds EndDwmentfunds 16 11.373 11,373 lThcome funds 17 sao Unrestrlrted fvnds 673,854 676,537 685,227 688,410 The financlal statements were approved by the Trusteeson 20 August 2026 Rt Rev Abbot Nicholas Philip Wetz (Control￿r of the Tru5tl TrLlStee DOWNSIDE ABBEY MISSION TRUST NOTESTO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 l. Accountlr* pollcies Char￿¥ Inforniation Downside Abbey Mlsslon Trust Is a registered charity in England and Wales. Its prlnclp31 ofFlce 15 Oownslde Abbey, str7tton￿n-the-Fo$se. Radstock, BA34RH. The financial ststernents have been p￿pa￿d In accordance wtth the Charity's governing document, the Charitl&s Act 2011, FRS 102 The Financlal Reportlng Standard applitable In the UK and Republic of Ire13nd" I"FRS 102.1 and the Charitle$ 50RP "Accountlng and Rerorting by Charities.. Statement of Recommended Practice applicable to charitles prepar5ng thelr accounts In accord3nce wlth the Financi81 Reporting Standarr$ applicable in the UK and Republic of Ireland IFRS 1021. (effective l January 20191. The charity Is a Publlc 8enefit Entity asdefined by FRS 102. The Charlty ha5 taken advantage of the provlslons In the SORP for charities riotto prepare a Statement of Cash Flows. The financ1315taternents have departed from the Charltles IAccounts and Report51 Regulatlons 2008 only to the extent reqUI￿￿t0 providÈa true aftdfaSrvlew.Thi5 departure ha5 involvedfollowin8 the Statement of Recommended Prattice for charltles applying FRS 102 rdtherthan the veTsion of the Statement of Recommended Practlce which is referred to in the Regulatlons but which has 51nce been withdr8Wn. ThÈ finaThclal #aternents are prepared in 5terlinB. which 15 the funrtional currency of the charfty. Monetsry arnounts In these financial ststement5 arE rgunded to the nearest £. The fSnanclal statement5 have been prepared under the hlstorlc31 cost convontlon, rnodlfied to include the revaluation of 5nvestment propertles and ￿rtaIn fSnancial instruments at fair value. The princlpal accountlng wllcles adopted are set out below. 1.2 Going corKern At the tiffle ol approvlnR thè lin3nci31 statements, the trustees have a reasonable expectstion that the Charity ho5 adequate re50urcesto contlnue in operational eKlStence forthe foreseeable fiJture.Thus,thetrusteestontinuetoadopt the golng concern basls of accounting in preparin8the financial 5taternents 1.3 Chafltable fijnds Unrestricted funds are avallablefor use atthe dlscretlon of th8trustee5 In turtherance of their charitsble objettNes. For adrnini5tr3t￿e purpose5 thefvnd$ 3re splti l)etween the Mlsslon Fund and the Parish Funds. Restrlcted funds are subject to $peci*ic conditlon5 by donors or8rantor5 ?5 tD how they may be used. The purptssesand uses of the restritted funds a￿ setotrt in the notes to thefinan£ial staterrÉnts. Endtswment funds are subject to specific wnditions by donor5 that the capital must rnalntained by the Charlty. 1.4 Intome Income is retognised when the charity Is legally entltled to It after any perfofrnan￿ condition5 have ken met, the mount5 can be measured reliably, and it Is probabl@ that income wlll be received. DOWNSIDE ABBEY MISSION TRUST NOTESTO THE FINANCIAL sfATEMENTS {COMTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 l. Accounting pollcle5 (Continued) Cash donatlons 3re recognised on recelpt. (Xher donation5 4re recognised once the charity has been notifled of the donation, Un￿5$ performance conditions require deferral of the amount. Incorne tsx recoverable in rÈ13tion to donation5 recelved under6rft Aid or deeds of covenant Is recognised at the tlme of th@ donation. Legaciesare recognised on re￿IptorothQrW1sèlf thecharky has been notifiedof an impendin8distribution,the amount is knovm, and receipt is expected. Ilthe amount Is not known. the legacy istreated as a contlngent asset. Income is measured 3t the fair value of the consideration received 01 receiv31)le and r@presents arnounts receivable for goods and services provided In the normal course of business. net of diseounts, VAT and other sales related taxe IS Expendlturt Resour￿S expended are aetounted for In the perlod is which they are incurred. The irrecoverable element of the VAT is Included in the item of exp&nsè to which it relates. Where an itetn of ex￿ndItU￿ falls directty wlthln one cost category rt 15 attrlbuted to that ￿tegory only, Where eKpendituTe Involves more than one category It Is apportloned on a reasonable andlustifiable basis. Grants and donations are included In the Statement of Fin3ncial Actlvltles in the year when they become payat>le. 1.6 TanElblefixed assets Tanglble fixed assets are initialty rneaSLt￿d 8t cost and subsequently ￿￿asUred at C05t orv8luation, net of deprecSatlon and any irnpairTnent10sS&S. Depreciation is recoonised $0 as to wrlte off the c05t or valuatlon of assets less thelr resldual valuég over their useful liv&s on the following bases.. Land and buildings 20-100 years Stralght Ilne Fixtures, fi"tknngs & equlpment 15% reducing balance Motorvehlc 20% stralEht line Items over £l.000 are capttallsed. 1.7 Investment propÈrtv Investment property,whith 15 property held to earn rentslsand/orforcapltal appreclation, Is Inttlally retognised atcost, which includes the purchase cost and any directly attributable expenditure. Subsequently tt Is rnea5ured at falr value at the r8POrtln8 datè. Thè &urplus or d•ftclt on rèvaluation is r•¢o8ni4¢d in the Staten)ènt of FihBnci41 Activit5¢s. 1.8 IMp41r￿nt otfixed assws At earh reportlng end date, the Charlty revlewsthe carrying arnounts of Its tangible assets to determine whetherthere 15 any indication that those assets have suffered impairment 1055. If 4ny such indication exists, the recoverable amount of the a55et isestimated in order to determine the extent of the impairment loss lif anvl. io- DOWNSIDE ABBEY MISSION TRUST N(yfESTO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 DECEMBER 2025 Accountlng polldes 1.9 Cash and cash eoulvaleb Icontinuedl Cash and cash equlvalents Include cash In hand, deposks held at call wlth banks, other short-temi Iiquld Investments with ori8in31 maturltles of three months or le55, and bank overdrafts. Bank overdr8fts a￿ shown within borrowings In 1.10 Anandal In5twments The Charfty has elected to apply the provSslons of Section 11 'Basic Financial Instruments, and Section 12 '0ther Flnanclal Instrurnents Issues, of FRS 102 to all ol ks financlal instruments. Flnanclal Instruments?￿ recognlsed In the Charlty'5 balan￿ sheetwhen the (harltytr*comes partytothe¢ontr3Ctual provlsions of the instrument. Financlal 3ssets and liabilities arè offset. with the net arnounts presented in the financial statement5, when there is a legally enforceable right to set off the recogni5ed amount5 and there is an intention to settle on a net basis or to allse the asset and setdethe liabillty simultaneously. Basic financial assets. which include debtors and cash and bank balances, are initSally rneasured at tran￿CtIOn prfce in¢ludin8ttansattion costs and ère Subsequer?t￿ carriÈd at amortlsed c05t uslngthe effective Interest method unless the arrangement con5titLrtes 3 flnanclng transaction. where the trans3ctkJn is meaSU￿d at the present value of the future Teceipts dlscounted ata market rate of interest. Flnanclèl a55et5 cla551fSed a5 recelvable within one year are not arnortised. Boslcflnundolllsbffllit￿s Basic ftnan