Charfty reglstratlon number Charlty Regl8tratlon No.245425 DOLANOG RESIDENTIAL HOME ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
DOLANOG RESIDENTIAL HOME LEGALAND ADMINISTRATIVE INFORMATION Trustees; Dr H M Pritchard Mrs J Carnpbell Mr R Davies Mrs R Blunden Mrs T Thomas (Appointed 11 October 2023) Homa Managor, Miss M Cotton Charlty Number, 245425 Reglgtsred ¢)fflc•: Dolanog Residential Hom8 87 Ru$sell Road Rhyl Denb$hl LL18 3DU Accountants; Harold Smith Unil 32 St Asaph Busin Pa St Asaph DenbighshiTe LL17 OJA B•nk•rn: HSBC PIC 23 lIngtOn Ro•J Rhyl Denbb3hshire LL18 1BB Invostment advl8or•; Nucleus Greenside 12 Blenhwm Ple Edinburgh EH7 5JH ent Financial Planning Limrted 93 Bowen Cwrt St Asaph Business Park Sl Asaph Denb(ghshire LL17 OJE
DOLANOG RESIDENTIAL HOME CONTENTS Pago Trustees report Pag6 1-3 Independent examiners report Page 4 Statement of finanual 8thilies Page 5 Balan¢• 8heel Page 6 Note8 10 th8 financial statements Page 7-13
DOLANOG RESIDENTIAL HOME TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Tnjstees present their report and financial statements for the year ended 31 December 2023. The financial statements have been prepared in acrdanCe with the auntIng policies set out in note 1 of the financial stslemenls and comply with the Consbtutn. the Charities Act 2011 and "A¢counling and Reporb'ng by Charities.. Ststement of Recommended Practice aFwlicable to charib'es prepanng their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" (as amended for acLxunling perS cnmmencing from 1 January 20161 Obje¢tlve8 and actlvltl88 The object ol Dolanog Residential Home, as sel out in rfs constitution, is the promotion of the lfare of the aged by the provision of a residentsal home. The charity aims'to maximise the comfort and care of r&idenls through maintaining high slandards throughout the home. This covers the living accommodation. the quality of care, cultural experien¢e$, the food and drink on offer, outings and excursions and also the safety and security of the residents. Dolanog Residential Home achieves ils objedNes through ils strategy of good househohj management and control, by maintsining the property and buildings. The hot water system has been upgraded this year and a programme has been started fedecoraling Inlemal areas of the home. A newty introduced Art and Crafts room ha8 proved very popular with the reshjents. Recruitment of $taff continues to provo challenging following the Covick19 pandemic which has affected the whole of the so¢1 care seelor. Th• home aims lo maintain an ample roster of staff enabling il to wold any problem8 with holiday or sickness cover. All staff retsNe regular training and all are strongly ¢uraged to qualify for NVQ let 3. at least. Furthèr qualrficats'on is not just encouraged by the charity. il is also funded by the charity on th6 employee's behaK. The Trustee's priority is lo do all they can lo ensure a high level ol morale among the Staff The Home is regularty prai8ed by re8idents' famili88. The trustees have paid due regard to guidance is8wI by the Charity CommissK>n in deeIng what activrtie8 the charity should undertake. Achlevem&nts and perfomianc• Due to the enforced constraints imposed by the pandemic. the TnJSl remain obliged lo focus on the priorities of ils obligations lo defer considerations of future aspirations. expansions and enhancements. STRATEGIC REPORT The Trustees were always aware that their sKerfic decision several years ago, lo act on the advice received that they should utiltie a signfficanl part ol their substantial accJJmulaled funds lo enhancing the comfort and benefit of Dol8nc*J'S residenls, woukl effect it8 enwable finanaal base. The eypendrture was foween as a prudent way to secure Lwanog's future a$ an attfacttve, appealing and viable communty asset in a competitsve enmronment. The Trustees have resolved to introduce a nuntsr of horefulty short-lemi cost4utting measures. alongsid8 renewed efforts to restore luller occupancy, all aimed al replenishing the reduced level of investments. This objective wll not in any way infn'nge the home's immutable commrtrnent to delNer the highest achievable lev81 of care that befits our Charitab ethos. ablal)n$ and unwavering motNatK)n. Flnanclal rovlow The Trustees are grateful to our financial adw.sars and accountants for their ready Professn81 advice and guid8nee throughout the year. As al 31 December, 2023, the Charl$ reserves totslled £975.108 12022 - £894,789) Invegtments are monitored regularty by independent financial a(M"sors.
DOLANOG RESIDENTIAL HOME TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The charity has awssed the major risks lo whth the charity is exposed. and are sakn'sfied that systems a in place to mitv3al8 exposure to the major risks. PLANS FOR FUTURE PERIODS The hoffle's abiding emphasis on provKling attrxtsve. seasonal and nourishing food, continues to be a prominent daily feature of life at Dolanog. Having long dispensed with budgetary constraints, the Iruslees and focused kitchen staff are fiercety proud of the range and qualty of food to be enjoyed every meal time. The Trustees remain ¢crfnmitted lo providing a high level ol a)mfort in the home and lo provide adequatè activities and outings for Dolanog's residents. Structuro. Govorance and Management The Charity Is governed by its conslitutKJn. It has been register&J as a charity sinc6 1965. 11 was originalty registered as'The knan's Convalescent Home, Rhyf,. The chanty registrabon number is 245425 and it OP8ral88 from 87 Russell Road. Rhyl. DenbhSh1Te. LL18 3DU. It 18 an Uninorated association. The Trustees named on page 2 have seryed during the year. All trustee apFoinlments are governed by the constitution and all appointments are approved by the Board of TN$tees. The Board of Trustees is authorised to appoint new trustees lo fill vacancies arising through rèsignation or death of an existing trustee. Before being appointed, Iruslees generally serve on the committee to confirn their Suitabilty and need to apply lo the CSSIW to register as a responsiblo person for the Charity. Mr H M McEvoy OBE retired al the AGM held in 2023 and he was invrted by the Tru8lee3 to relum a$ President for Life. Dr H M Pritchard was elected Chaimian of the Truslees and Mrs Tracey Thomas wa8 welcomed as a Trustee later in the year. The Board of Trustees meet monthly throughout the year and the Trustees annual general meeting is attended by the Hcffie'5 profeSsn81 AccountanL There is a180 an annual meeting held with l)oth Doianog's financial advisors. Although the board is the key deusion making tojy. the day to day resFonsibilty for the managemonl of Ihe residential home is delegated lo the home manager. The Trustees have had the regard to the Chanty Commissn,8 guthnce on public benefft. The Trustees who seNed during the year arKI up to the date of natUre of the finaal statsments were.. Dr H M Prilchard Mrs J Campbell Mr H M McEvoy OBE Mr R Davies Mrs R Blunden Mrs T Thomas (ResTrgned 22 February 2023) (Appointed 11 October 2023)
DOLANOG RESIDENTIAL HOME TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The charity's current wlicy conMIng the paent of trade creditors is to follow the CBI'S Prompt Payers Code {copies are available from the CBI, Centre Point, 103 New Oxford Street. London WC1A 1 DUI The charity's current policy ¢on¢eming the payment of trade credrtors is to". Settle the terms of payment with suplerS when agreeing the temis of each transaction.. ensure that suppliers are made aware of the lemis of payment by inclusion of the relevant temis in contracts", and pay in accordance with the o)mpanYs contractual and other legal obligats"ons. Trade credrtors of the company at the year end were 8quNalent to 36 day's purchases, based on the average daily amount invoi¢ed by suppliers during the year. RISK IAANAGEMENT The Iruslees t)Vety revw the major risks whh the charity fa0$ on a regular basis and believe that maintaining reserves al Cyrn1 letsEls. combined witti an annual review of the CA)ntrol over key financial systems, will provide suffiaent resources in the event of adverse conditions. The trustees have also examined other operational and business nsks faced by the chanty and CLMfim that they have established sy818ms to manage those risks. The trustees report was approved by th8 Board of Truste88. Or H M Pritchard Dat8d.'22 May 2024
DOLANOG RESIDENTIAL HOME INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DOLANOG RESIDENTIAL HOME I report to the tmslees on my examination of the financwl statements of Oolanog Resthntial Home for the year ended 31 December 2023. Responsibilities and basis of rnport As the Iruslee$ of the charity you are responsible for the preparats'on of the financjal statements in acGordan¢e with the Tequirem¢nl$ of the Chariti'esAct 2011 (the 2011 Ad). I report in respect of my examination of the chanVs financial statements camed out under section 145 of the 2011 Act. In carrying out my examination I have followed all the appI7b8 directK)n8 given by the Charity Commi$$ion under $¢¢tson 14515}Ib) of the 2011 Act. Indèpendènt examln•rf8 Btstement Since the charity's gross income exceeded £250.000 your oxaminer must bo a membtrr of a listed in section 145 of the 2011 Act. I confimi that l am qualrfhl lo und•rtak6 tho examinats.on because l am mem of ICAEW, which is one of the listed bcJw. Your attention is drawn lo the fact that the charty has prepared financial statements in accordatKe with Accounting and Reporting by Charitses preparing their accounts in aordanCe wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) In preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 Apnl 2005 which 18 referred lo in the extant regulatsons bul has now been withdiawn. understand that this has been done in order for financial ststemenls lo prwde a true and fair view in accordan with Generally Accepted Accounting Practice effèctiv• for reportjng ponods Winning on or after 1 January 2015. I have completed my examinatson. I confim) that matters have com8 to my attention in connection with the examination giving me cause lo believe that in any malenal respect.. accountlng records were not kept in resFect of tho chanty as requirèd by sectson 130 of the 2011 Act,. or the financial statements do not accord wth those record8.' or the financial statements do not comply with the applicable requ1mentS conceming the fom and conlenl of accounts set out in the CharitEs {A¢counts and Reports) Regulab'ons 2008 olher than any requirement that the accounts give a true and fair ¥1 which is not a matter ¢4)n$idered a$ part of an independent examination. I have no concerns and have come across no other matters in tt*nnects)n with tho examinabon to wh¢h attention should drawn in this re[ in order to enable a proper understanding of the financial stslements to be reached. Mr Lawrence Archer F.C.A Harold Smith Chartered AceounLgnts & Registered Auditors Unil 32 Llys Edmund Prys St Asaph Business Park, LL17 OJA Dated.. 22105r2024
DOLANOG RESIDENTIAL HOME STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unregtrlcted Unrestricted funds funds 2023 2022 Not88 Fees Invesknents Other income 904.398 8,488 84,000 743,573 {9,221) 48,047 Total Income 996.886 782,399 Charitable activitsas 940,603 851,171 Net IncOmlexPend1Iur0> for the y•arl Not movgmant In fvnds 56,283 168,7721 Fund balances at 1 January 2023 894,789 963.561 Fund balanc•8 4131 Dgcemb•r 2023 951,072 894,789 The statement ol financial actiwtss inctud88 811 gains and1068es recognised in tha yoar. All income and •xpendtture derive from continuing activilw.
DOLANOG RESIDENTIAL HOME BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Flxed assets Tangible assets Investments 798.434 112.396 778,823 104,514 910.830 883,337 Curr•nt a$s•ts Debtor$ Cash at bank and in hand 10 69.771 61,896 46,6C 1,476 131.667 48,082 Creditor8: amounts falling due wlthln one year 11 191.425) (36,630) Net current a$sel$ 40.242 11,452 Total a880ts la88 current Ilabllltl•8 951,072 894.789 Income fund• Unrestricted funds 951.072 894,789 951,072 894,789 The finanaal statements were approved by the Trustees on 22 May 2024 Dr H M Prilchard Trustee
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies Charlty Inforrnatlon Dolanog Reshlential Home is a charity. 1.1 Accountlng conventlon The financial statements have been prepared in aeA))rdan¢e wrth the charity'$ ¢on$titution, the ¢harilies Act 2011 and "A¢counling and Rewrb"ng by Charits". Statement of Recommen(led Practi applicable to charities preparing their aCunts in accordance with the Financial Repotts'ng Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accountsng periods commencing form 1 January 20161. This is a Public Benefft Entity 88 defined ty FRS 102. The charity has taken advantage of the provisions in the SORP frjr charibes apptying FRS 102 Update Bulleting 1 not to prepare a Statement of Cash FkA¥S The financial statement8 have departed from the chariti.es {Accounts and Reports) Regulations 2008 only to extent required lo provide a true and fair view. This departure has involved following the Statement of Recommended Prath'ce lor chariks apptying FRS 102 ralhef than the version of the Slalemenl of Recommended Practice whith is referred to in the Regulatn8 but which has since been withdrawn. The financi81 Statements are pPered in 8terfing. which 1$ the fvn¢tK•nal currency of the charity. Monetary amounts in these finanoal statements are rounded lo the nearest £. The finanual stat8ments hawe been wepared under the historical cost convention, Imodified to include the revaluation of freehold properties and lo indude invastmenl properties and certain financial instruments al fair valuel. The pn'ncipal accountsng policie8 •Jopted are sel out bek)w. 1.2 Golng eone•rn At the time of approving the financial statements. the trustees have a re880nable eKpe¢lation that the chanty ha$ adequate resources to conts.nue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going ¢oncem basis of accounting in preparing the financial Stalemenls. 1.3 Charltablo fufid• Unrestricted funds are avai&ble for use at the disuetA)n of the trustees in fvrtherance of their charitable obie¢tives. Restricted funds are Su"@ct to Spear ¢onditKJns by donors as to how they may be used. The purpose$ and useg of the restricted funds are set out in the notes to the finanoal statements. Endowment fvnds are subject to specfft conditi'ons by don0 that the capital must be maintsined by the trustees. 1A Incorn• Income is recognised when the charity is Iggalty ented to il after any perfom)ance conditions have been met. the amounts Can be measur&J relbly, and it is probable that in(x¢me will be receNed. Cash donatnS are reCOgned on receipt. Other donations are rwnised once the charity has been notified of the donabon, unless perfomianee conditK)ns require deferral of the amount. Income tax recoverable in relalion to donatsons receNed under Grfi "d or deeds of covenant is recognised al the time of the donation. Legacies are recognised on recwpt or othep*ise rf the tharity has been nob'fied of an impending distribution, the amount is knn. and r1p1 is expethd. If the amount is not known, the legacy tr8ated as a conts"ngent asset.
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies Icontlnuodl 1.5 Expènditure These financial slalements lor the year ended 31 Drnber 2023 are the first financial ststements of Dolanog ResKlential Home prepared in accordan with FRS 102. The Finanaal Reporting Stsndard applicable in the UK and Republic of Ireland. The date of transitson lo FRS 102 was 1 January 2022. The reported financial positK*n and financial perfonnance for the Pre¥u$ period are not affected by the transition to FRS 102. 1.6 Tanglble flxed a880ts Tangible fixed assets a inrtialty measured at cost and subsequenty measured at cost or valuation. n8t of depreuation and any impaim)ent losses. DepCiall0n 1$ recognised so a8 to write off the cost or valuation of assets less their residual valu88 over their useful lives on the following bases". Freehold land and building$ Plant and Equipment Fixiures and F1n9$ Motor vehicles 15% per annum on written down value 15% per annum on writted down value 25% per annum on written down value The gain or loss ansing on the disposal of an asset 1$ detemiined as the drence beeen the sale Pfoceeds and the carrying value of the asset, and is re¢ogni5ed in the ststemenl of financ1 8¢lsvib'e$. 1.7 Fixed asset investrnonts Fixed asset investmenls are inth'ally measured at transaction price exduding transaction c08ts, and are sub8equenlty measured at fair value at eath reporting dale. Changes in fair value are recognised in net incomellexpendilure) for tho yoar. Transaction c08ts are expensed as incurred. 1.8 Impalmiont of fixed a88•ts Al each reporting end date. the tharity reviews the ¢arying amount$ of its tOnglIe assets lo determine whether there is any indication that those assets have suffered an impairment loss. If any such ind¢alion exists, the recoverable amount of the asset is estimated in order lo delerming the •xlent of thé IMlment loss lif any}. 1.9 Cash and cash equlval•nts Cash and cash equivalents include cash in hand. deposits hekl al ¢all wrth banks, othei short-lerm liquid investments with original matufities of three rnonth$ or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilth"e$. 1.10 Flnanclal Instrument8 The charity has elected lo appty Ihe provIsn8 of Section 11 'Basic Finanal In8trumerts' and Section 12 'Other Financpl Instruments Issues. of FRS 102 to all of its financial instwments. Financial instruments are re¢ognised in the tharity's baLgnce sheet vthen the chanty becomes paty to the contractual provisions of the instrument. Financial assets and liabilib.es are offse( with the nel amounts presented in the financial slaternents, when there is a legally enforceable right to set off the recognised amounts and there B an intenb.on to settle on a net basis or lo realise the asset and settle the Ik9.1 simultaneously.
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounling policies {Continuedl Ba$1¢ flnanelal assets Basic financial assets, whKh include debtors and cash and bank balan. are initially measured at ITansaction price including transacb.oll costs and are subsequentty carried al amortised cost using the effective interest method unless the arrangement InstUleS a finanryng transaction. where the transaction 1$ ffaSUred al the present value of the fvIU receipts discounted at a market rate of interest. Financial assets dassthed as receivable within one year a not amortised. B•slc flnanclal Ilabilltl•s Bas financial liabilrties, including creditors and bank loans are inilialty recognised at transacb'on price unless the arrangemerft constitutes a financing transaction, where the debt in$lnJment is measured at the present value of the future payments discounted at 8 market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are sUbseqUty camed at amortised cost, using the offe¢tNe interest rate method. Trade creditors are obligatr'on$ to pay for gl9 or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities if payment 15 due within one year or less. If not, they are presented as non•current liabilikn"es. Trade ¢r8ditofs are recognised initially at Iransa¢tion price and subsequenyy measured at 0.sed cost using the effe¢tiv6 interest method. Derncognltlon of flnanclal Ilabllldes Financial liabilrties are derecognised when tho Charty's (x)ntractual c4)ligations expire or are di8ch8rg8d or can¢elled 1.11 EmployM b•n•fft8 The ¢o$t of any unused holiday entitlemenl 18 rwnrned in the per1 in which the employee's services are feceived. Termination benefrts are recognised immediately as an expense when the charity 1$ demonstrably committed to lem1te the eMploYrn1 of an employee or to prOve lerminabon benefits. 1.12 Retirnment bonefit• Payments to defined ¢ontributvJn retiremenl benefft schemes are charged as an expense as they fall dua. Crttlcal accountlng •Btlmats• and Judg•ments In the application of the chanty's accounting p)li¢ie$. the Trustees are required to make judgemgnls, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and aSScated assumptions are based on historKal experience and other fadors that ar8 ¢onsidered to be relevant. A(aual results may differ from these estimates. The estimates and undetying assumptK)ns are reviewed on an ongoing basis. Revisions to accounting estimates are re¢ognised in the period in whh the estimate is revised where the revision affects only that périod, or in the of the rewgion and future FET9 where the revIsn affects both current and future per$.
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Fee8 Recelved Unrestricted Unrestricted funds funds 2023 2022 Fees Received from R8sidents 904.398 743,573 Invo•tment• UnreBtrlctod Unrestricted fund8 funds 2023 2022 Intere81 receivab 8.488 {9.221) Other Incom• Unrn8trf¢tod Unr8slri¢led fund• funds 2023 2022 LegacylLocal Authorrty Other Incc 84,000 48.047 10-
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charttsble activities Total 2023 2022 Staff costs Depreciation and ImpalmnI Purchases Staff TrainiNJ Rates Insurance Light & Heat Cleaning Repairs & Mainlenaneè Prinbng, po$tsge and stationery Telephone Motor running expenses Residents Entertaining Consultancy fe8S ResKlonts Healthcare Costs Accountancy Bank Charges Other charitsble expendrture 669.360 13.399 74,845 2,228 9,731 656,489 9,960 59,336 672 7,862 8,841 29,257 32,912 19.948 59,870 27,641 44.238 3.923 2.421 2.322 438 4,083 3.033 7,112 2,018 1.350 4,251 6.884 7.832 3,050 2,198 940,567 851,171 940,567 851,171 Employ••• The average mnthty number of ompbyees during the yearw8S.' 2023 Number 2022 Number 32 32 Employment c¢)¥ts 2023 2022 Wages and salaries Other pensK)n costs 645,955 23,405 628.296 28,193 669,360 656,489 11
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Employ008 {Contlnuod) There were no employees wh¢e emoluments exc*Jed £60,000. No truslees received any remuneration or expenses in the year. The number of employees whose annual rernuneratn was nre than £60.000 is as follows.. 2023 Numbor 2022 Numb•r £60,00110 £70,000 £80,001 10 £90,000 Tangible Ilxed as•frts Frnohold larMI and bulldbno• PnI •nd Flxturns and Ilotor¥•hlcl•• Equlpm•n¢ Flltlny IL Tatsl Cost Al 1 January 2023 Additions 722.469 86,819 362.262 33.046 24.232 1,175,782 33.046 Al 31 December 2023 722,469 66.819 395.308 24,232 1,208,828 D•pr•¢l•tlon and Impairni•nt Al 1 January 2023 Doprfr¢ialion charged in the year 50.99S 2.374 321.979 10.999 23,985 62 396,959 13,435 At 31 December 2023 S3.369 332.978 24.047 410,394 Carrying amount At 31 December 2023 722.469 13.450 62,330 185 798,434 At 31 December 2022 722.469 15,824 40,283 247 778,823 Flxed asset Investmgnts 12-
DOLANOG RESIDENTIAL HOME NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Flx8d $t Investments (Continued) Ll8t•d Inv•stments Coit or valuatlon At 1 January 2023 Addrtions 104,514 7,882 At 31 December 2023 112,396 C•rrylng amounl Al 31 D8cwnt¢r 2023 112,396 At 31 December 2022 104,514 10 D•btorn 2023 2022 Amounts falllng du• wlthln on• y••r. Trade debtOf8 Prepayments and accrL*d in(me 64,089 5,682 41,379 5,227 69.771 46,606 11 Credttorn: amounts falllng du• wlthlTh on• y8ar 2023 2022 Other taxation and Social srity Trade creditors 16,188 75.237 12,397 24,233 91,425 36,630 12 Rel•ted party transathns There wer8 disclosabb related party tr8ns8Cth)ns during year12022 - none). 13-