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2023-03-31-accounts

CLEVEDON CONVALESCENT FUND FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

Charity Commission number: 249313

CLEVEDON CONVALESCENT FUND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023

Contents Page
Trustees’ Annual Report 1 - 5
Reference and Administrative Information 6
Independent Examiner’s Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 - 17

CLEVEDON CONVALESCENT FUND TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 MARCH 2023

The Trustees have pleasure in presenting their report and the independently examined financial statements of the charity for the year ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is an unincorporated association governed by a Trust Deed as amended by a High Court Scheme dated 5 June 1996. It is supported by a constitution.

Trustees are selected by a process of invitation and advertisement. There is a quorum required for Trustee decision making and a maximum number of 7 Trustees appointed at any one time. When a vacancy arises, potential applicants are invited to apply stating the reasons behind their interest and their suitability for the post. All Trustees consider the applicants in a meeting for the purpose, and if a second stage selection is required applicants may be invited to attend a meeting with nominated Trustees prior to a final decision being made.

The positions of Chair, Treasurer and Secretary are filled by working or retired professionals with diverse backgrounds and a common shared faith. The positions come up for election on a regular basis. Each appointment is made following careful consideration of the cross transferable skills which the individual has to offer from their secular background. Following the retirement of the Secretary this year the Trustees have taken turns in secretarial duties. This will continue until an appropriate Trustee is selected to take office.

A decision was taken to increase the number of Trustees from a maximum of 5 to 7 and this has been approved and implemented with the Charity Commission.

Management of the Fund is undertaken by the Trustees who oversee the work of the Grants Officer and bookkeeper. The Grants Officer, who acts as the external liaison between the referees and beneficiaries has responsibility for managing the workload of the charity.

Organisation

The Trustees meet regularly as a body to deal with business matters, and weekly in working groups to sanction grants and pray for the recipients and their referees. The charity is operated day to day by the Grants Officer, an employee of the charity. The charity has continued to operate flexibly ever since the COVID pandemic with meetings reconvening at the Fund premises but attendance via the internet assisting staff and Trustees to continue to service the Funds needs virtually when illness or circumstance prevail. Prayer for the beneficiaries and those touched by the charity has continued on a regular basis and underpins all the activity of the Charity.

Risk review

The Trustees carry out an annual review of the risks faced by the Charity and the manner in which these are managed. Mitigation of risk is primarily achieved by implementation of effective control procedures. These ensure a consistent quality of delivery for operational matters and the reassurance of considered authorisations for all transactions and projects. The Trustees constantly monitor the effectiveness of their working practices for improvement.

This year has seen the submission of grant applications start to revive. It has also seen an increase in the number of applications submitted by individual sponsors. The Trustees have reviewed their practices to ensure that the Fund can continue to operate for the benefit of as many applicants as possible, across different circumstance. After careful consideration it has been decided that the Fund should not become tied to a small number of sponsors. Control of numbers of applications as well as the timings of grants ensures that the Fund remains independently controlled. The Trustees retain their ability to grant across the public spectrum without the Fund being accessed exclusively by sponsors with limitless need.

1

CLEVEDON CONVALESCENT FUND TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 MARCH 2023

Business Continuity

Throughout this year the Charity continued to apply its principles and business operation. The Charity staff numbers remained the same and the charity commends the staff for their continued support and adaptability with regard to the hybrid working arrangements that continue to operate.

The trustees' numbers have stayed the same overall. We thanked the outgoing secretary for the dedicated and excellent work she provided during her long and invaluable tenure. We welcomed a new Trustee to the Fund.

OBJECTIVES AND ACTIVITIES

The charity seeks to help those in need of convalescence, concentrating the gifting to beneficiaries who cannot afford the total cost of such relief and for whom an uplift of wellbeing is possible. This includes:

ACHIEVEMENTS AND PERFORMANCE

Grants

The number of grant applications received during 2022/2023 has increased on the previous year from 75 to 78 applications, but the grants given this year are 65 as opposed to the 69 of the previous year. This indicates a relatively slow recovery towards pre covid figures. Meanwhile the number of referees have increased in number from 30 to 43. The number of beneficiaries has gone from 230 to 221. While the average cost of a grant for this year has decreased from £168 per person to £157 per person. This represents a figure below an average of £160 per person in the pre lockdown year of 2019-2020 and the great care being exercised by the team to keep within budget. Our investments continue to provide to meet the number of applications that are bestowed.

The return from convalescence continues to be marked with a gift of flowers and gospel, based tract sent to the beneficiary group. This may be a copy of “On Your Marks” or “So, who is this Jesus?”, a copy of John’s Gospel linked with the www.johnsgospel.org.uk website, or other suitable publication A bookmark accompanies these, which explains the Trusts intention; to demonstrate the love of Jesus in a practical way.

The Trustees and staff continue to receive encouragement in their work from the grateful response to the benefits of the grants and are very pleased to be able to share examples of the relief the often very different breaks, can bring:

External comment upon the Trusts work

Every application received is supported by prayer. Praise and thanks are given to our Lord Jesus when referees report back on the positive impact of the grant of convalescence. It is a particular pleasure to hear where this represents a significant uplift for the beneficiaries.

“Can I please ask you to pass on our gratitude to those who made our holiday possible. Our break was just perfect and exactly what I needed, we had a fabulous time with glorious weather and just to spend some quality time without worry is just so relaxing. We had two lovely meals on the evening times and with the hotel being right in the centre meant I didn’t have to drive at all. We are all so very grateful. It was all just perfect.”

2

CLEVEDON CONVALESCENT FUND TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 MARCH 2023

From a lady who is the carer for her husband and 2 autistic sons. Our grant enabled her to take a break from her caring role, funding travel for the couple and an adult daughter for a 2-night break to Torquay.

“Thank you so much for the grant of £250 which enabled me to have a wonderful mini break in London. It turned out to be exactly what I needed and was such a lovely pick-me-up. Thank you so much.”

From a gentleman awarded a grant to help in his convalescence from lifetime traumas.

Grants Officer Budget

The grant officer’s budget remains at £500 and is used where the conventional grant criteria is not present, but it is felt by the grants officer that there are benefits to a donation. Particularly where a request is made by a new referee and donation under this discretionary budget can be made as a means of encouraging these referees to apply in future for convalescence or carers break holiday grants.

Trustees

The Charity Commission approved the change in number of maximum trustees from 5 to 7. Frances Kay joined as a Trustee 13[th] July 2022 whilst Margaret Barker resigned 2[nd] February 2023.

Charity Employees

The Charity employees continue to operate with care and due diligence and are to be commended for their control of the budgetary limits that have been set, and their flexibility in operating the new working practices.

Investments

Our investments have been managed in a way designed to provide income from our self-sustaining fund, without the need to resort to the use of public funds.

Public Benefit

Applications are considered for beneficiaries irrespective of their religious, ethnic, or other background. Only evident need, in line with the charity’s purposes, is the initial consideration and the qualifying circumstances for an upturn in health or welfare of the beneficiary. This need is confirmed by an involved care professional, or similar person, who is fully aware of the individual circumstances and makes an application on their behalf. Such individuals are referred to as “Referees”.

Awareness of the charity as a potential source of funding comes through personal recommendations and word of mouth, interaction with Trustees and or the Grants Officer, public witness of the Charity’s work, discovery of our website, from directories of charities, or occasionally by an approach direct by the charity to potential Referees, individuals, or organisations.

The Trustees confirm they have regard to the ongoing guidance given by the Charity Commission regarding Public Benefit, as initially required by the Charities Act 2011 and are preparing to review the operation of the Charity in light of changes to be incorporated by the Charities Act of 2022

Investment Powers

There are no restrictions on the investment powers of the Trustees under its constitution. Ethical investment is considered to ensure that operation of the Trustees duties in this respect is consistent with the objectives of the Charity. The Trustee obligations to administer in the best interests of its beneficiaries, is always paramount.

3

CLEVEDON CONVALESCENT FUND TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 MARCH 2023

Legislative Changes

The Trust continues to evaluate the impact of any legal change upon the Charity and regularly considers the impact of change in its risk assessments, upon the issue of guidance and following training updates.

FINANCIAL REVIEW

Reserves

Free and available cash is held in our current bank account, as a working balance and our cash reserve.

Our cash reserves policy guides Trustees to aim for 25% of the annual turnover to be held outside long term investment. This is to enable easy access in operating the charity. If the balance exceeds 50% of the estimated annual turnover, the trustees will consider reducing this figure by adding the surplus to our investment capital (portfolio). The amount for reinvestment will depend on whether circumstances suggest a spike in impending expenditure. At the year end cash at bank represented 41% of annual income.

Over the period considered, we experienced an influx of applications in the first and second quarter, with a few referees making multiple applications, thus providing a considerable fall in cash reserves. Lower levels of applications later in the year restored our cash situation. The number of applications was higher than experienced in previous years. Consequently, the trust was able to fully utilise its income and held its cash in the bank reserves within the policy guidelines.

Investment policy

The Trustees aim to grow the capital base and income of the charity. Brewin Dolphin who has placed our funds in a variety of investments, are a specialist investment vehicle for charities and have invested according to our agreed risk level and the long term aims set out by the trustees. We have much appreciated their expertise and continued guidance on the options always available to the trust.

The Trustees

The Trustees who served the charity during the period and up to the date of this report are set out on page 6.

4

CLEVEDON CONVALESCENT FUND TRUSTEES’ ANNUAL REPORT YEAR ENDED 31 MARCH 2023

Statement of trustees’ responsibilities

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed by order of the Trustees

Gillian Mantle Chair of Trustees

Approved by the Trustees on ………………………..

5

CLEVEDON CONVALESCENT FUND REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2023

Status

Clevedon Convalescent Fund is a registered charity, governed by a Trust Deed as amended by a High Court Scheme dated 5 June 1996. Its charity registration number is 249313 and is also known as Clevedon Forbes Fund and Forbes Fund.

Trustees

Gillian Mantle Dr Roger Fido (Appointed 25[th] May 2023) Frances Mary Kay (Appointed 13[th] July 2022) Ruth Wilson Neil Foster Margaret Barker (Resigned February 2[nd] 2023) David Clark

Under the Deed there must be no less than three trustees.

Trustees are appointed for a term of five years by a resolution of the trustees at a meeting called specifically for the purpose.

Principal address

4 Kenn Road, Clevedon, North Somerset, BS21 6EL

Independent Examiner

Josh Kingston ACA, Burton Sweet Limited, The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol, BS48 1UR

Bankers

The Co-operative Bank plc, Delf House, Southway, Skelmersdale, WN8 6SZ

Brewin Dolphin Limited, The Paragon, Counterslip, Bristol BS16BX

Investment managers

Brewin Dolphin Limited, The Paragon, Counterslip, Bristol BS16BX

6

CLEVEDON CONVALESCENT FUND INDEPENDENT EXAMINER’S REPORT YEAR ENDED 31 MARCH 2023

Independent examiner’s report to the trustees of Clevedon Convalescent Fund

I report to the trustees on my examination of the accounts of Clevedon Convalescent Fund (the Charity) for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Josh Kingston, ACA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR

Date: …………………………

7

CLEVEDON CONVALESCENT FUND STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2023

----- Start of picture text -----
Unrestricted Endowment Total funds Total funds
funds funds 2023 2022
Note
£ £ £ £
Income from:
Investment income 81,559 - 81,559 75,032
Total income 81,559 - 81,559 75,032
Expenditure on:
-
Cost of raising funds 14,054 14,054 14,241
Charitable activities 2 55,722 - 55,722 61,208
-
Total expenditure 69,776 69,776 75,449
Net gains/(losses) on
investments 8 (18,267) (40,660) (58,927) 121,213
Net income / (expenditure) (6,484) (40,660) (47,144) 120,796
Transfer between funds 11 - - - -
Net movement in funds 4 (6,484) (40,660) (47,144) 120,796
Total funds at 1 April 11 700,951 1,551,593 2,252,544 2,131,748
Total funds at 31 March 11 694,467 1,510,933 2,205,400 2,252,544
----- End of picture text -----

The charity has no recognised gains or losses other than the results for the year as set out above.

All of the activities of the charity are classed as continuing.

The comparative funds are detailed in note 13.

The notes on pages 10 to 17 form part of these financial statements

________________8

CLEVEDON CONVALESCENT FUND

BALANCE SHEET

AS AT 31 MARCH 2023

----- Start of picture text -----
2023 2022
Note £ £ £
Fixed assets
Tangible assets 7 77 316
Investments 8 2,156,485 2,175,336
2,156,562 2,175,652
Current Assets
Debtors 9 311 308
Investments 8 19,450 67,240
Cash at bank 33,418 12,422
53,179 79,970
Creditors: amounts falling due
within one year 10 (4,341) (3,078)
Net current assets 48,838 76,892
Net assets 2,205,400 2,252,544
Funds
Unrestricted funds
General funds 12 45,514 33,731
Designated funds 12 648,953 667,220
Endowment funds 12 1,510,933 1,551,593
2,205,400 2,252,544
----- End of picture text -----

These financial statements were approved by the trustees on …....................................... and are signed on their behalf by:

____ Gillian Mantle Chair of trustees

The notes on pages 10 to 17 form part of these financial statements

9

CLEVEDON CONVALESCENT FUND

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

1 Accounting policies

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The charity is a public benefit entity as defined by FRS102.

There are no material uncertainties about the charity’s ability to continue as a going concern, despite the continued uncertainty being caused by the national cost of living crisis. Whilst these factors will have an impact on the charity’s reserves in the coming years, the Trustees expect to be able to continue the charity’s operations, having sufficient reserves to be able to meet these challenges.

b) Income is recognised when there is entitlement to receipt.

Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity, these are included within support costs.

Equipment - 25% per annum reducing balance

10

CLEVEDON CONVALESCENT FUND

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

1 Accounting policies (continued)

2 Charitable activities

Grants to individuals
Support costs (see note 3)		 Unrestricted
Funds
£
35,851
19,871
55,722		 Endowment
Funds
£
-
-
-		 Total funds
2023
£
35,851
19,871
55,722		 Total funds
2022
£
39,929
21,279
61,208

Included within grants to individuals is £1,302 (2022: £1,351) for flowers and £2 for gospels (2022: £231).

All charitable activities expenditure in 2022 was unrestricted.

3
Support costs
Wages and salaries
Staff pension costs
Rent and rates
Office costs
Bookkeeping
Travel & subsistence
Website development
Insurance
Governance
Depreciation		 Unrestricted
Funds
£
13,130
1,201
374
1,727
593
18
-
597
1,992
239
19,871		 Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-		 Total funds
2023
£
13,130
1,201
374
1,727
593
18
-
597
1,992
239
19,871		 Total funds
2022
£
12,380
1,148
374
1,473
609
11
2,160
770
2,106
248
21,279

All support costs in 2022 were unrestricted.

11

CLEVEDON CONVALESCENT FUND

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

This is stated after charging:

Depreciation
Independent examiner's fee:
for current year independent examination
for current year accounts preparation
(over)/under accrual in previous year		 2023
£
239
1,098
894
-		 2022
£
248
813
993
300

The aggregate payroll costs were:

Wages and salaries
Other pension costs		 2023
£
13,115
1,201
14,316		 2022
£
12,380
1,148
13,528

No employee received emoluments of more than £60,000. (2022: None)

The average weekly number of employees during the year was as follows:

Number of staff 2023
No.
1
1		 2022
No.
1
1

The Trustees consider the key management personnel to be the Board of Trustees and the Grants Officer. Total benefits paid to key management personnel during the year were £14,316 (2022: £13,528).

No Trustee claimed or waived expenses during the year or the previous year.

6 Taxation

The charity is exempt from corporation tax on its charitable activities.

12

CLEVEDON CONVALESCENT FUND NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

7 Tangible fixed assets

Cost
At 1 April 2022
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022		 Equipment
£
4,024
4,024
3,708
239
3,947
77
316		 Total
£
4,024
4,024
3,708
239
3,947
77
316

13

CLEVEDON CONVALESCENT FUND

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

8 Investments

UK quoted investments
Movement in market value
Market value at 1 April
Acquisitions at cost
Disposal proceeds
Net gain/(loss) on revaluations in the year
Market value at 31 March
Cash held on investments
Total value of investments
Historical cost at 31 March		 2023
£
2,175,935
2023
£
2,175,336
171,575
(131,499)
(58,927)
2,156,485
19,450
2,175,935
1,978,864		 2022
£
2,242,576
2022
£
2,088,800
526,533
(561,210)
121,213
2,175,336
67,240
2,242,576
1,945,573

By Trust Deed, the investments are not subject to the limitations of the Trustee Investments Act.

Quoted investments as at 31 March 2023:
UK Bonds
Overseas Bonds
UK Equities
North American Equities
European Equities
Asia Pacific Equities
Global Investments
Absolute Return
Property
Other Investments
Cash Product
Brewin Dolphin
Cash held
Total UK quoted investments		 £
41,725
44,168
462,109
106,338
167,220
35,550
990,680
36,581
48,291
183,844
39,980
2,156,485
19,450
2,175,935

14

CLEVEDON CONVALESCENT FUND

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

9 Debtors

Other debtors
Prepayments
Creditors: amounts falling
Trade creditors
Accruals
Other creditors
Movement in funds
Unrestricted funds
General funds
Designated funds:
Invested funds
Endowment funds
Prior year comparative
Unrestricted funds
General funds
Designated funds:
Invested funds
Endowment funds		 due within one year
1 April
2022
£
£
33,731
81,559
667,220
-
1,551,593
-
2,252,544
81,559
1 April
2021
£
£
34,148
75,032
768,550
37,576
1,329,050
83,637
2,131,748
196,245
Income and
gains
Income and
gains		 £
(69,776)
(18,267)
(40,660)
(128,703)
£
(75,449)
-
-
(75,449)
Expenditure
and losses
Expenditure
and losses		 2023
£
191
120
311
2023
£
24
1,992
2,325
4,341
£
-
-
-
-
£
-
(138,906)
138,906
-
Transfers
Transfers		 2022
£
202
106
308
2022
£
299
1,806
973
3,078
31 March
2023
£
45,514
648,953
1,510,933
2,205,400
31 March
2022
£
33,731
667,220
1,551,593
2,252,544

10 Creditors: amounts falling due within one year

11 Movement in funds

The transfer between designated and endowment fund is to reflect a reallocation of the previous years' gains/(losses) on investments in line with the agreed fixed percentage.

15

CLEVEDON CONVALESCENT FUND

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

11 Movement in funds (Continued)

The Invested funds are set aside as designated to more clearly show the trustees' intention to use these funds to generate further income for the charity in the medium to long term. They are represented by the unrestricted fund quoted investments shown as part of note 8. This is in line with the historical policy of the charity to make use of surplus income in this way, and to maintain its ability to be self-sustaining. Each year a fixed percentage of 31% of the net gains and losses is charged to the designated fund with the remainder charged against the endowment fund. This percentage is based on the split of investments between designated and endowment fund when the portfolio was transferred between agents in 2018.

12 Analysis of net assets

Unrestricted funds
General funds
Designated funds:
Invested funds
Endowment funds
Previous year
Unrestricted funds
General funds
Designated funds:
Invested funds
Endowment funds		 Tangible
fixed assets
£
77
-
-
77
Tangible
fixed assets
£
316
-
-
316		 Investments
£
16,049
648,953
1,510,933
2,175,935
Investments
£
-
690,983
1,551,593
2,242,576		 Other
net assets
£
29,388
-
-
29,388
Other
net assets
£
33,415
(23,763)
-
9,652		 Total
£
45,514
648,953
1,510,933
2,205,400
Total
£
33,731
667,220
1,551,593
2,252,544

16

CLEVEDON CONVALESCENT FUND

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

13 Comparative funds

Income from
Investment income
Total income
Expenditure on
Raising funds
Charitable activities
Total expenditure
Net gains/(losses) on investments
Net income / (expenditure)
Transfer between funds
Net movement in funds
Total funds at 1 April
Total funds at 31 March		 Unrestricted
funds
£
75,032
75,032
14,241
61,208
75,449
37,576
37,159
(138,906)
(101,747)
802,698
700,951		 Endowment
funds
£
-
-
-
-
-
83,637
83,637
138,906
222,543
1,329,050
1,551,593		 Total funds
2022
£
75,032
75,032
14,241
61,208
75,449
121,213
120,796
-
120,796
2,131,748
2,252,544

17