RUSSELL PARK BAPTIST CHURCH REPORT OF THE TrUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 ACHIEVEPAENTS AND PERFORIAANCE ch•rItab actlvlt The church continued lo host 8 group for adults wlth 10am1 dthjllies, nam Acorn. seeklng to enabl8 people with leaming dl8abilitie8 to come to know Gc¥J and to lfve for HIM, by enabllng them to take part In prayers. drama. slnglng 8Th1 actsvlties. The church has •ncour•Jed all of its Partr to Jth smal grws. named Connad Grnup8. are nm on weekty b8818, and are beneficaal for wellbelThJ and 8UPPOrt tlwhcMJt the yev. Pollsh P18yllme. provEded help and supp)rt for the Poll8h speaklNJ ¢ommurW, In the forni ol a free rnedng plarA4 for prfr8chool age and tholr carern to regulafty mgeL A weekly football dub. whlch 13 mode available for 81 ag88 and ablllU88. ran durfry sprfng and summer months In a kKal park. Tha church provldes support ts ffiY Tho arn Cons marglnallzod In the wlder communlty of Bedlord. St8pplng Slones 18 8 communty group thlch proYld68 a meal. arKI supwrt for th8 wellbelng of Isolated peop18 In the loGal aroa, (m a m*Jnthty ba8h. Anotlw grw. ¢allod Out&do In, 8180 provlde comrNrdty support 4 Imes o year. Communty Arts mlded a .lf1p, art gn)up offerfw a regular placo tr artl$tslpalnt8r8 who want to experlmant and learn from arM>ther. All S118 arKI ablliti88 are welwned and 8 varlaty of arts ar• The church regulady hosts events run by Hope In Bedfwdshlrn (reglstsred chadty no. 1132750), whlth IJ t¢MTrwld8 Snltlatlve to $90 churches Tworklng togts rAKI dolThJ mcKo for tholr kKal comrnunltle•. In keeping w6th the nom)al practlce of the church, speoal offerings at tho Chflstrnas sepAces were shared amongst k¢al ¢harrtl8s workirKJ to help wtlh sped81 communlty needs around Bgdlord. These Chrlstma8 momlng offerlngs amounted to £3.258 FINANCIAL REVIEW Flnanclal poshlon Th8 unrestrkted fvnds rf th8 church sland at £1.821,487. OfthFs sum £1.770,tMI 1$ represented by the book value of the bulldSng$. The remalnlng net unrestricted funds of £51.487 are avalb for tho day to day rUnn1r of the church. Durfng the year the unreslrthd fvnds of tho chu1 kKr8as8d by £35.241 of vthlch £1.525 was transferred to one of the restricted lunds. Tho balances on Ihe restricted lunds at the clw of tho r was £16,574 and Ihe breakdtrwn of IhLg sum 18 shown In the ftnancial statements.. Prln¢lpal fundlng $QUfC The church 1$ lunded by voluntary glfts ond donatlons, and maxlmwn use Is made of t gfft akl 8theme. In addEtlon, durlng 2025 the rwxived a Segacy of £45.000 from Ihe eslate of Jerny Roberts who passed away In 2024. Tho church received a £1,000 grant from Arnold Clark for Ihe fcx)Ibal everings in 2021 and durlng the year £168 leavin9 £169.91 rgmaining. Golng COnn The trustees CJ)nVnue to cw n¥)nitor trte lovel of fvrKIg. In VIWAT of they are Invested, and wlll endeavour to ensure suffici8nt funds are In place to continue all Its rIent acU¥e$. Page 4
RUSSELL PARK BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 310ECEMBER 2025 FUTURE PLANS Tho thurth ntinUeS to function wllh tho boundarias of compllan¢e wlth the UK Govemment guid81ines for pla¢es of w¢x8hlp. STRUCTURE, GOVERNANCE AND MANAGEMEpir Govomlng do¢um•nt Russell Park Baptist Church is constituted by a Deed of Indenture dated 11 November 1918. and wa$ reglstered wbth the Charity cOmSsion for England and Wales on 17 March 1965. Declslon maklng The charity presendy employees one full time Senior Pastor, Mr Darren Chubb. The Senior Pastor and the team of elders have major r¢sponsibllity for the running and gov8manc8 of the church.. Trustees and elders meet regularfy with the Sonlor Pastor and thg staff team to dl$cuss the work of the church. and to make decisions conc8mlng the regular activities within the church. and also outreach activitses. Matters are also reported to church partners on a regular ba$l$, and matters conceming any new area of work or witness. and the éxpondilure to b& Incurred, are referred to a full church rneeting for decision. Rlsk managèmont The truslees have Identlfied major rfsks to which the charity Is exposed, and have revlewed systems and procedures lo manage suth risks. Thts risk asgessment, together with a health and safety policy, food safety policy, and fire safety pdiw, are ongolng procedures with regular vIewS to conform to legal requlrements, and lo en$ur8 that measures are in ace to manage each risk identified. FUNDS HELD AS CUSTODIAN FOR OTHERS Tho charlty holds funds In a deslgnated bank account, as custodlan trustee. on hall of Acorn, a ch[lian organisation, have ¢ompassSon for adults wilh loarning drffi¢ullie$, and who operato the Charitys premlses. At 31st December 2025 the charlty held £1.581.28 on behaff of this organlsaOon. The income and expenses forAcom are not reported within the financial statements. roved by cKder ofthe board of truste8s on 19 April 2028 and Signed on Its behalf by: N Woodburn- Trusts8 Page S
INDEPENDENT EXAMINER'S REpoirr TO THE TRusfEES OF RUSSELL PARK BAPTIST CHURCH Ind•p•nd•nt •umln•f• r•port to the trust••• crf R8•11 Pk Baptl•t Church I report to ¢harty trustees on my ex?¥{1)n of th• ac4)yJts of RLwII Pwk Baptst CPwJrth Itho Trust) for Ihe or ended 31 Decenkn 2025. RUPOnbIlItI•8 •fid bMl• of r•wt A8 the charfty tru8tee8 ol Ihe Trust are tho pr•parnkn ol lh• a(untS In ac4%ar¥ wlth th8 requlrements of Iho Charltlos 2011 Iyhe Art). I report in rn8P•Ct ol my wmlnallon of the Tru8fs accounts ¢arrlod (wi ur#Jor SKllon 145 of and In c•rrylThJ (wt my examSnatlon I have 1¢Y1 am appkcable Dwedlorw ¥vgn ty th• mIlOn urKlor Sedlon 14q5Xb) of the A Slnce your cty8 gros8 Income eXded £250.IXKJ gxamlnor must bfr a member ol a118ted body. I n )rrf1m} thot l am qualffigd to dertake the examlnatlon b8¢•u•e I a member of tho As8ocbatkn ol c4)n wlth tho oxwnln•lth ghir¥ CALts8 to belle thal in Y materlal rospect aCcJnts set >rt kn th8 Charllb88 (A(x>JJnts and R8r#>ts) Ro94¢k 2C¥)8 other than ary kKlepondwt examlnallon. •ttenlton •hwld be (trown In thls rep(xt In <xder ts) •nth a Und1 d tho ac<xwnts to bo r K J Barrott FCCA 21st April 2026
RUSSELL PARK BAPTIST CHURCH STATEME OF FINANCIAL ACTMTI&8 FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Tolal funds 2024 Total funds Unr•strlcted RostrI•d ftlnds funds INCOME AND ENDOWMENTS FROM Dondons legacles 232.922 20.194 253.116 234,149 Charftable adlvltlos Outreach and Worsh 7,200 8.168 8.116 Other trading activities Investment incom8 42 42 681 329 517 Total 240,803 262 007 243111 EXPENDuRE ON Charltable actlvltles Th8 Church Outréach and Worshlp Management and administration of the charity 191,436 3.159 191.436 25.011 191.068 28.059 21,852 10.967 228,905 NEf INCOMEIIEXPENDrruRE) Trnnsfers bgtween funds 35,241 {648) 34.593 14.206 Not movement In fund8 33,716 877 34.593 14.206 RECONCIUATION OF FUNDS Totsl funds brought fcrfward 1,787,771 15.697 1.803.468 1,789,262 TOTAL FUNDS CARRIED FORWARD 1821.487 16.514 1.838 061 Th? notes fomi part of these finala[ statements Page 7
RUSSELL PARK BAPTIST CHURCH BALANCE SHEET 31 DECEMBER 2025 2025 2024 Total funds fund• FIXED ASSErs Tangible assets 1.rn).000 1,rn),000 1.TTO.O(M) CURREKf ASSETS Debtors Cash at bank and In harnl 8.283 49,259 1,015 15.5eo 10,3 57.$42 16.575 74.117 44,716 CREDITOR8 Amounts falllrwJ due wlthln one year {6,056) {6.056) {11,248> NET CURREKf ASSEf8 TOTAL ASSEfs LE&8 CURRENT UABiullE8 1.821.486 16.sr5 1.838.081 1.803,468 NET A88ET8 1803 488 FUNDS Unrestdcted fund8 Rostrith funds 10 1.821,486 1,787.771 TOTAL FUNDS 1803 488 The flnandal ststernts were approv by tho Board of Tnte•S and authorfsed for Issue on 19 WI 2028 and were 8lgned on Its behaff by: N Woodbum. Trusioè Pap8
RUSSELL PARK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202S ACCOUNTING POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENTS The financial statements of the charity, whlch is a publlc benefit entity under FRS 102, have been prepared In accordance with the Charltles SORP (FRS 1021 'ACUntIng and Reportlng by Charttle8: Statemant of Ra¢ommer¢ded Practlca appllcable to tharitles preparlng Ihelr accounts in accordance with tho Flnancial Reporting Standard appllcable In the UK and Republic of Ireland (FRS 102) {effective 1 January 2019),, Flnanclal Reportlng Standard 102 The Flnanclal Reportlng Slandard appllcabla In the UK and Republlc of Iroland, and tho Charltl8s 2011. The flnancial statements have been prepared under the hlstorfcal $t a)nv8ntlon. FINANCIAL REPORTING STANDARD 102- REDUCED D18CLOSURE EXEMPTIONS The ¢harity has lakon advantage of Ihe foll(ywlng dlsclosura exemptlon In pr8parfng thos8 finandal stslements, a8 pemltted by FRS 102 The Financlal Reportlng Standard appllGable Sn the UK and ReF)ubllc of Ireland.: th8 roqulremont8 of So¢tlon 7 Statomenl of Ca8h Flows. INCOME Ail Income18 racognls&J In thè Statamanl of Flnancial Actlvltie8 onc8 the charlty has antIoment to tho fund8, It b8 probable that the Income wlll recolved and the amount can be m•a8ured rollably. EXPENDrruRE Llabllltles ar8 re¢ogn180d 88 Oxpondlture 88 81Jon 88 there 18 a legal or con8tructlve obllgatlon eommlttlng the charlty to trbat expgndlluro, It 1$ probable that a tran8fer of economlc bonellts wlll bo requlred In 88tt18m8nt and the amount of the obllgauon can be m888ured rellabty. Expendlture 58 aGcounted for on an accrua18 ba818 and has been Glas81fi8d undor headlngs thal aggregate all c08t related to the category. Where costs cannot be dlrectly attdbuted to parular headlngs they have been allocalad to actlvltie8 on a ba818 con818tont wlth tho usa of ra8our8. Grants offared 8ublect to condluons whkh hove not beon met at tho year ond date are noted as mmltment but not axrued as expendllure. TANGIBLE Fe0 A&8eT8 Depreclatlon Is provlded at the followlng annual rates In order to wrlte off ea¢h asset ovèr Its esrnated u60lul Ilfe. Freefdd prop6rty In accordanca wlth the property TAXATION The ¢harfty 1$ oxempt from tax on St8 charftable actlvlues. FUND ACCOUNTING Unre$trl¢ted fund8 usad In accordance wlth the chadtsble obAe¢tlves at the dls¢retlon of the trustee8. R¢$td¢ted fvnds can only be used for particular restricted purposes within the objects of the charity. Restrtctlons arisa when specified by th6 donor or whon fvnds are ralsed for partlcular restricted purposes. Further eyplanalton of the natura and purpose of each fund 18 Induded in the notss to tho financlal statements. HIRE PURCHASE AND LEASING COMMITMENTS Rentals paid under oper8tlng lease8 are chargod to the Statement of Flnanclal ActIv[•S on a stralght Ilne basls over POri¢xI of the lease. Page 9 conllnued...
RUSSELL PARK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2025 AccouKfiNG POLICIES - eonlinu•d PENSION COSTS AND OTHER POST-REfiREMENT BENEFITS Th8 charity operate5 a defined Gonlribution pension scheme. ContrStrth9 payable to the ¢harW$ pension sGheme are Gharged to the Slatsmt of Finan81 Activities in the perlod to whlch they relate. OTHER TRADING ACTMTIES 2025 2024 Sales of donated items {EBay) 42 329 INVESTMENT INCOME 2025 2024 Deposlt account Interest 517 TRUSTEES. REMUNERATION AND BENEFrrs There were no trustees. remuneration or other b8nefits for the year ended 31 December 2025 nor for the year ended 31 December 2024. TRUSTEES. EXPENSES There We no tnteas. expenses paid for tho year ended 31 Dmber 2025 nor for the year ended 31 December 2024. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVMES Unrestrlcted Regtrlctsd fund8 fund$ Total nds INCOME AND ENDOWMENT8 FROM Donations and legxles 210.055 24.094 234.149 Charitablo a¢tlvltles OLrtrea¢h and Worship 7.400 716 8,116 Other trading adivWe$ Investment in¢ome 329 329 517 517 Tolal 217,972 25.139 243,111 EXPENDITURE ON Charltable actlvltles The Church OutreaGh and Worship Management and administration of the charity 191.068 3.002 191.068 28,059 25.057 11 Total 203.837 25.068 228,905 NET INCOME Trdnsfers bolwoon fvnd$ 14.13S 2.871 71 2.871 14,206 Page 10 continued...
RUPAELL PARK BAPTIST CHURCH NOTES TO THE FINANCIAL sfATEMENTS. COlU FOR THE YEAR ENDED 31 DECEIIBER 2025 COMPARATf¥ES FOR THE STATEMEMT OF FINANCIAL ACTivrrEs. contlnued funds funds funds 11.264 14.206 RECONCIUATION OF FUNDS Totsl funds ught foThvard 1.776.9)7 12.755 1.789.262 TOTAL FUNDS CARRIED FORWARD 1.787.771 TANGIBLE FIXED ASSETS Froehold proporty COST At 1 January 2025 and 31 December 2025 NET BOOK VALUE M 31 December 2024 DEBTOR8: AMOUPUS FALLING IXIE IwfHIN ONE YEAR 2024 Gift Aid CREDITORS: AMOUNTS FAWNG DUE wrrHIN ONE YEAR 2024 Bank loans and overdrafts (see note 9) Trade creditors soal sepJrity and other taxes Cxhar tt8d 923 2.671 1,022 3.240 Page11 continu...
RUSSELL PARK BAPTisf CHURCH NOTES TO THE FINANCIAL STATEMEKfs - contlnued FOR THE YEAR ENDED 31 DECEMBER 2025 LOANS An ana1$ of ts maturity of loans is givffi bekw. 2025 2024 Amounts fallirvJ due wilhin one Jtar M daTr: Bank overdrnfts 10. IdoVEMEKf FUNDS At 111r25 In funds fvnds 31112125 Unrestrlcted lunds General fund Propety Fund 17.771 42.689 (8.974) 7.449 51.486 1.787.771 35240 (1.525) 1,821.486 Restricted funds Missionary Fund Spwal Offerlrys Fellowship Fund Football Dalit Boilw FurKI Missron lo BedtcKd 8.301 819 525 (1,685) (168) (188) 9.120 733 1.337 170 5.200 5200 15.697 TOTAL FUNDS Page 12 conunued...
RUSSELL PARK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- Gontlnued FOR THE YEAR ENDED 31 DECEMBER 2025 10. MOVEMENT IN FUNDS- contlnu•d Net movement in fijnds. induded in the above are as follows: Incomlng Bources Resources Movemont expended In funds Unrestrlcted funds General fund Propety Fund 240.803 (198.114> 42,689 7 449) 449) 240,803 1205.563) 35.240 Restrlcted funds Mlssionary Fund Special Offerings Fellowship Fund Football Dalit Foodbank Hopo Bedlordshire Mission to Bodford 15.400 3,357 391 (14,581) (2,832) (2,076) {168) (1,156) (734) (304) 819 525 (1.685) 1168) 1188) 968 734 304 TOTAL FUN08 227414 34.593 Comparatlves for movement In funds Net movom•nt In funds Transfers batwaen funds At 31112124 At 111124 unrtr1ctsd funds General fund Propgty Fund 6.506 1770 001 23,140 (11.875) 17.711 1.776.507 14.135 (2.871> 1.787.771 Restrl¢ted funds Missionary Fund Special Offerings Fellowship Fund Football Boiler Fund Mission io Bedford 11.023 434 912 386 {2,7221 12261 (1,351 > {48> 5.200 8,301 208 1,650 338 5,200 2.089 782 71 15.697 TOTAL FUNDS 1789 282 Page 13 conllnued...
RUSSELL PARK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 31 DECEMBER 2025 10. MOVEMENT IN FUND8 - ¢ontlnued Comparattve net movement In funds. Included in the above are as follows: Incomlng Resour¢es Movement rosour¢os oxpendod In funds Unrestrfcted funds General fund Propety Fund 217.971 (194.831) 23.140 217,972 (203,8371 14.135 Restrlcted funds Missionary Fund Special Offerings Fellowship Fund Football Dalit Foodbank Hope Bedfordshlre Impa¢t Boller Fund Mlssion to Bedford 12.192 4.116 630 (1) 716 175 {14.914) {4.342) (1.981) {47) {716) {175) <568) {275) (2.722) {226) (1.351) (48) 275 5.200 5,200 71 TOTAL FUNDS 243111 14206 Page 14 ¢ontinu8d...
RUSSELL PARK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED 31 DECEMBER 2025 10. MOVEMENT IN FUNDS- conllnued A ujrrent year 12 months and wlor year 12 months comblned posltlon is as follows: Nat Transtsr• movement b•tween In funds funds At 111124 31112125 Unrnstrfctsd lund• General fund Property Fund 6.506 1770 001 65,829 {20.849) 51.486 1770 000 1,776,507 49,375 (4.396) 1,821,486 Mlsslonary Fund Speclal Offerfng$ Fellowshlp Fund Football Dallt Boiler Fund Mlsslon to Bedf(xd 11.023 434 912 386 {188) {1,903) 299 {3,036) (216) 188 5,200 732 9.120 733 1,302 170 3.426 5,200 782 576 TOTAL FUND8 1789 262 Page 15 continued...
RUSSELL PARK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnu8d FOR THE YEAR ENDED 31 DECEMBER 2025 10. MOVEMENT IN FUND8 - ¢ontlnued A current year 12 months and prfor year 12 nnthS eombin8d net movement in funds, IrKluded in the above are as follows: Incomlng R•soure•s Movamo In funds Unreslrlctsd fund$ General fvnd Propety Fund 458.774 1392,945) 65,829 458,775 (409.41x1) 49.375 RoStrl¢ted fvnds Miss¢onary Fund Spoclal Offerlngs Fellowshlp Fund Football Dalit Foodbank Hope Bedfordshire Impact Boller Fund Misslon to Bedlord 27.592 7.473 1.021 {1) 1.684 909 872 275 5.2C {29,495) (7,174) (4,057) {215) (1,872) {909) (872) {275) {1,3} 299 (3,036) (216> (188) 5,200 46.919 576 TOTAL FUNDS 505.118 11. RELATED PARTY DISCLOSURES Th6r& were no related party transac1DS for the year ended 31 December 2025. 12. MISSIONARY FUND The mission fvnd wmwlse$ spedfic donattons received for mlssk>n support. 13. FELLOWSHIP FUND The fellowship °needs° fund derives its name from specrfic gifts and resources desi9natad from the general fund by the trustees. The fvnd exists to support those in need. both inside arKI outsldo the church. by means of gbfts. Page 16 corfnued...
RUSSELL PARK BAvllsT CHURCH NOTES TO THE FINANCIAL STATEMEPITS- cOlnUed FOR THE YEAR ENDED 31 DECEMBER 2025 1&L OUTREACH FUND This fund donalions recepthl for prtyocts that banofft ¢h4x¢h and th8 (x)rnmunty. 1& BOILER FUND The charlty has raised 8Feafic furKls to ffinan r(xnent of th8 Church's l)oiler. These funds were raised In 2024 but have not yet been exed and a hekl in a restiicted fund for the purpose for whi¢h they were ratsed. 1& SPECIAL OFFERINGS AND DONATION8 The sp8cLql offwlngs &o)unts for thnatiorts made sp8th1 wryM)ses or prs v8riou8 (Kcasions and people through>Jt the year. 17. FOOTBALL Fdlowng pemiission from the Bedford Mayoral office regarding th8 Wee football dub run by the Church the charity was able to secure a grant fr(xn Amold Clark to support trus a1vity. This grant is restricted for the purpose of the footba a¢tivlty. 18. OTHER SPECIFIC FUNDRAISING FUNDS Separate fijnds have been shown In financial ststements for fund$ raised speafic purposes which historicalty m8y have been amdgamated undor tho Speual OfferirwJs fund. These are short tsm fvnds and it is envwed that these wil pay t all furKls held within the same financial year in which the funds are raised. Any shryffalt betyn the funds raised and those paid out are transferred from the General Fund. Theso fvnds uKluda DALrr Foodbank Hop¢ Bedfordshire Mlsslon to 8edlord P4e 17
RUSSELL PARK BAPTK8T CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons andlogaclos Oonations Glft ald Legados 175.857 32,259 197,573 36,576 253.116 234.149 Oth•r Iradlng actlvltl•s Sales of donated Items IEBay) 42 329 Invostment Incomg Deposlt account Int8r88t 517 Charltable actfvltl•• Rent recelved FUndraIng actlvltres 7,200 7,400 716 Total Incomlng rn•Our8 282.007 243,111 EXPENDrruRE Charltsbl• actlvltl•• Wages Soc]al securlty Penslons Utheep of Church and other propertlo8 Ml8sth Support Outreach Fellowshlp Fund Worship R88ources Youth Work Mlnlstry Exp8n8e8 Chlldr8n'8 work Connect Group Motor and travel exponsos Menlorfng & Dlscipleship Publlclty Prayer Independent examlners f808 Grants to Instilullons Grants to Indlvtduals 147.628 8.054 3.335 7,449 200 4,026 2.076 3.147 1,015 5,379 144,163 e,599 3,183 9,287 400 6.474 1,970 3,563 588 2,849 679 291 602 124 2,399 161 127 537 883 156 1.560 8,533 8,754 200,985 200,640 support ¢0gts This page does notfomi part ofthe statutory finan¢lal statements Page 18
RUSSELL PARK BAPTIST CHURCH DETAILED STATEMEMT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Support costs Manaymfrnt other operattng lea8es Rates and water Insuran¢8 Ltght and heat Telephone postage Postage and stationery Sundr68S Motor & traveulry costs Office & admlnlstrator easts Servlc• ¢are {fkn¥or8. ¢atorlng. books f*KI tapes) IT and other &]ulpment Book-keepSng Payroll 8ervtce8 691 718 801 825 3.381 13,262 1,408 1,995 2,643 9.442 1.403 2.226 4.925 1.037 31 836 1,557 701 1.422 28.087 27,948 Flnan¢o Bank chergea 76 Human resoure D8S check8 297 241 N•t In¢om• This page does rd fomi pwt ofthe staluiory llnanraal statements Page 19