REcisfEREDCOMPANY NUMBEIL. 011193m (E*nd aDd Wale51 REGlSfERED CHARITY NUMBEIL. 265612 KINCSWAY CLC TRIIST Fif4ANCIAL ATEME5 FOR THE YEAR ENDED31 MARCH 2025 Beffin8u5 LLP LygoD HC BA)mky Kent BRI 3RA
KINGSWA Y CLC TRUST CONTENTS OF THE FINANCIAL STATEMENTS for the y¢Ar eDded 31 M#rth 2025 PA Refevenct #nd admlnis¢r•dv¢ dttAIIJ Report of the trustsej Rtport of the Indeptndent audltorj stst¢meDt of flTrAnelal a¢tlvllkJ B•lattee shee¢ Cash flow ststement 10 Nfj¢es ¢0 ¢h¢ $h fkiw $tatem¢o1 Notes to the flnAndAI statements 12 22 D¢t•lled itatement of finan¢lAI *¢lfvl¢ks 23 24
KINGSWAY TRU REFERENCE ANDADMINISTRATIVE DETAIIS forihe yur ended Jl M•rth 2025 TRUSTEFS P V Dakot) lffsiy%d 21125) Mrs E WE0 MtsLM<kn J M Wathir H Y Le55fAL SLB N WthOpE14pthI 192251 COMPANY SECRETARY J M WTAkins RECISTERED OFFICE Unli S Avenue Sar¥Jycrofl Induwial FA SaTrJycrotl De¢side CH3 2QP REGISTERED COMPANY NUMBER 01093879 (En8lv41 Wtties) RECISTERED CHARITY NUMBER 265612 AUDITORS BerTirw LLP LY& Hou% 50 IA)thi A1 Bromky Kcnl BRI JRA
KINGSWAY CLC TRusr REPORT OFTHE TRusfEES for year ethd¢d 31 M•r¢h 2025 'lTh¢ tnwees who are diTraiJrs ofthe charity for the of th¢ ComrAnies Act 2(MK, tYe5Ctrt thr TEp( iiith th¥. linun¢ial sthtements ot. the charity for thL yiw en(kd 31 Marth 2025. The trteeS hve adopted thc pro.151(75 (Trf Allul111Th8 and Rerthing by chariti: sent of RenmeIed Prxtice applicable to charbties preparing thLir in ULLX)rdoncL ¥i"iih ihe Fin¢181 R4)ng sndard apylithle in the UK and Ryblic of Ire1W IfRS 1021 ILI)iLllIL' I Junuar%' 2011)). O&JECTJVES Af4D ACTIVITIES Objtttives and aims "Ihe I"rusl's ubjed &$ d¢fird b). its MtThordndum ar¥J Art¢cks of Asw¥1 is . lvancc th Chrigtan Faith M 5wh Idli'ful m[L$ 4LS fOUnd&i( demir". Thc gdiviEies orried funlvance of this obiea arL' %iholLwIL. puhlishin¥ and &71ing in Chrimian lirnure. disErilyJting Chriai films and musi& Chrimian tth)kshiw% and running Christian c(Ly1¢C Publlc benefit "Ihe Lhtiritj's ¢rusiLYs hai'e ¢(4nplied with the dthy in Sethi¢m 17 of the (kniiia Aa 2011 have due re8ard io PubliL Ik.nefii gui(JarK¢ published by the Charity Commissi(WL Tr ¢h&rity deliva3 Fwbli¢ ter11 by virtu¢ of the JLtIWlllL dL%¢riiKxJ above. 'll)e 'lrusiees Tt¢¢iTre fr( the dwsiy T4¥J in kWy atE not ¢x¢lud¢xl Ir(Hn IX¥1111g frum the thariib's servic STRATECIC REPORT Athievement and performDce Charitable activities ,Ii KÉn8si%w' CLC Tnw lit s¢¢k s¢n¢ Gtyj b). distrltwi1 Chriam) l#erauw¢ and other $our We this iiith ik, objcctivl ofeMMyufd8inB Cser& aNI thir to come a savit¥ faith and 8Towin8 muriii' in i. l.urd J¢sus Chri. WL ar¢ delighittl be abk to maintwn grow key rdatityhips with a Trnridy of publishtrs lth from thc UK IIS. 11 ol'whom h)kl 10 k• Biblical INIIL and sh&rc in ourikniediveof sharing G(¥Ys w(¥d )$$ ntitioll 8ThJ '(d. We are also grnieful that we ue able many Chriian ate 711 5gtking to faithfully seTrL" (1 in Iheir lo¢a] ¢ommunitie& athl we knk fornyrd buildin8 w th& IMrAtant relwionthips in th f. WL givL thHnk5 lor our dL'veloping cLMerCe t11 where we Iwve sew Cornin growih over the last 12 L cubt(wniYs dirrdli. otT¢ring 8rEai dealsaTrl new rele5 kn0ur8rowl oThlir¢ In addition our am has gxjght iving (kwys di1Y to thrwh of lAy11% ihji %iL hai. managed. ai ke). ew¢nts a¢toss the I.r. We t so pled continue be abk to run i0 key conferences duri ye&- missiL Wor5hryL down in nd ihe children'5 fflinigry ewf¢r¢n¢& In FlaThl based in the MidlaTh WL kni'e the Dtv)nunity w prini Chris1 matcrnl d¢maTMI ivith our in rrnin8 f¥ility. aTrJ li arL. kLYn 10 CL ihis de%'Llop furtkn in the coming i"ear. We have a eommiiithl am. fy. our wlM)m we giv¢ thanks ¢0 G(4 ftr their ¢ommi¢mthi. drli¥lr. r¥%OUrtL'fulnL55aj en{hSla.. &$ Ikj" p)rt these V#Fi¢d andex¢itWÉ &livitiesof Tn WL ¢xho prJy4Y frrm Psalm W- ts the favour of tl LLYd ow may re• i)n H¢ wll ¢sthbli¥h IhL ikwk. (>f our hand
KINGSWAY CLC TRUST REPORTOFTHE TRusfEES forth¢ Y¢w¢ed 31 Marth 21n5 STRATEGIC REPORT Financial revitw Flnantlal PDsltlon 'th¢ is plL'4Mi to pTL1 this sa of tFAt shows 8 c(miinuing improv¢merf in (rtjr ciJmm¢reial rxrliimiunLK'. Whilsi sJlis thlined in Ihe 202415 fhEwKiai YLW. our Lzsh p)siuon improvoj signifKwdy. which h&s enablcd thL .1 ru%1 10 LtabliSh a solid financial from lch toopAc. The Trust in more re¢eni mortths ha5 50ks mar8ins at leLq mairnainuL Thi5 been gjrwffted b¥ ihL' ablishment ofSknKmg 1#101& iiith fow wblikn in the wÈng of2024. We n¢in¢ io keep a ii¥hi LThtroI on znd have Ixen able kn aFfjLYb the irt[lg pusures pllrtiiullj viih wrd 10 itKrea¥J i%a8e COA& 'ITh¢ OTBanisaiI cOnti]m xht its invew level& 818 cash py tr¢¢k the rffeived linyn LLC Inrn&ional IUKI. 'lThe is also c(wnmiiied io in¢Tt45ing its financial for CLC woddwid< as well as fiThling exciting nei%, pmj¥xis in ¢hi UK. iitluding th¢ rK0visi ar¥J disthbju( of very low Bbt les to support evat)8elwi¢ iniLi&ive& yllall). arnon )'wng rryl Vhilsi li'e sre all etKouraged bj. the firw¢iJ wfonnance in the l& year. remwn faiihlul and Imighij God. frorn Jll bhssings lkni". W¢ give Him all the praiK thank&1 Rts¢rv¢s pol¢y IThL' directo haie wmitKxi ¢loriiic5 rwuircmthts reseryes li tr li1 of the man ri5Ls to the Organi i ¥'Kp8nsion of adivilies as olin e8rtier in Ihis re[L A kvd of thrEe-fflth exrKnditure [t direal¥ rLI(IlL I iumov¥r is ¢onsi4LYL'd dL%iraNc. Ihe direL11)r5 are ¢onfidth)t th& at this level ivould Ix abk to ¢(mtiThue ilK' iUTrnX)i I1ville5 ofthe Lknity in ihe ¢v¢nt ora signilithii fundir& The bus¢s have assess&l the major risks i4hiLh th¢ Ltharity is exp05e& aThJ sausfied sy51$e in mttigaeYw>yJr¢w Eh¢maiorri& STRUCTURE, GOVERNANCE AND MANAGEMENr Coverning document "The Chari. i5 cornrolled M. IL$ 8orrnin8 iknrn¢nL a detsj 0)naiurtes a limid comp, limitul h gurn.. 5 defined . ComrAnie5 Aci 2(Mkn. OrgnLs4tlotsal Strndrt 'rhe charii) is a cornpfjn>' limid bw guarantee. The are akn the directrffs for the pwwis¢ ofcomrk)n!. laii. and ii'ho st1 Jur¢ttg the )'¢ar afyj up to the d&e of%8mure financial ar¢ liaed on PAg¢ I wjder h1¥ 'rNse& Thc dirLXtsKS ofthe company are aLw the Lawit). knJ5tet5 •1NJ comrse the marwcnt mMIttee. Exh Y LhL k¥nLrnI m¥£xin8 thiTd of ilK' trus[ since their laa election w aFwntm¢nL r¢tLrt from officq but are tFKn LligihlL li>r rLxleclion. of th¢ inwees anv benefKial In in the Lxxnpwy. All ol th¢ tryses are of the o)mpan!" an(J uuranieL' 10 ¢¢bUlL £1 the ¢YeM of a Inftg up. Rcl#*d of Kinw?y CLC trlty ilUde CLC Int¢rul01 UK. a charit>. i%'ith sharLYJ trsEets. lThe tnLsie¢s r¢p)rt i%a5 vwroved by Of"rn¢£
KINGSWAY CLC TRU REPORTOFTHE TRuKfELS rorthe ye8reTrd¢d31 Marth 2025 STATEMENT OFTRUSTEES. RESPONSIBILITIES Iwsiees Iii'lM> are dircciors ol" Ktng51VdJ CLC Tn& ftr the of cunpany lawl arL rc¥thsiblL lor pr¥paring IhL" Ker of ik. Iru5tce5 and liNal &aments in with arviiL7ble and unilL Kingdom .ILLouniing Standard51UTrilL Kingdom Gettrdll). Ar¢¢0 ALYwniing PwiRI C"(MnrAn)' laii Ir1¢¢$ to (inaTKl for exh fi[11 ytar whkch give & t orwj lair i"i¥lli' l)I' IhL' s¢ai¢ ol" allr5 c)1" th¥ t(Knpni' athl of the i1Th$ aThJ 4vlion of r¢s(r> irKIlIng Ih. inLomL and ¥)11¢. of the charith In prrpllring those rLrwK1 thc rLNuIJ ¢0 select 5uilablL aCCtIng Fdioes and kn appty c1ClY. obsenie the mLih(wJs and ncIpleS in th¢ Clwil)" SORP: . make judgements aNI estimas th& aTr r¢asTr)abk aThl wudrt stale wh¢ther awli¢abk. a¢iwniing Aonthrds ha¥¢ bn fojlowvl. to any Materi Wures dis¢loxxl iind plnLY in the financial StstemLIs. prLyare the linoKial sMenLS on th going basis unkss it i% irworrriate to preyJn the ihdTiliiblL )mpany will Contin¥ in hI1n¢ tnLStees gre [nsible keeping reC(S which disclose wth re&oEthle an). li¢hL . linanLial rx)siiion of the charitable comwv and th enable thern kn LYLwe fitwKial &atancllt5 eompl¥ li iih ilK' Companies Aa 2(K)6. fv. ar¢ ) ye5FnSIb fN safewding the olthe charithble comrAny and hetkL li>r (aking r¥sonable aeps for pmenll and dr11( of fra1 md th irreguJaTiiie& In so far as th¢ wusKYsY a¥rJr¢: thLYL' IS rm) rele1 au&ii infonnion ofwhi¢h the ¢lwithle unawwe: aThl thL ITUSteL'5 hove iaken all sw thai Ih¢)' wghl Fove thk¢n to mae theMve5 aware ofwry rdE¥anl a11 infornutio and lo establish lh& itK' 11li10[S8re&WV¢ of that infornatkotL AUDITORS "IThL audito knngers LLP. %trill fralinl¢ll1 forthwnu¥ AnnuRI Meain8. KLTX)rt ofthe Irust<<& InL1 a apwovoj by of the bc•rd ofw5tee& &% Ehe comrAm. dtfL)r 17Tr.&r£bJaA.&&£. ar sigral on the behalf by: W E 0£- TnLq P4e4
REPORTOF THE INDEPENDENT AUDITOILS TO THE MEMBERS OF
KINGSWAY Ci£ TRUST
OplnloTh
We have alIted the linthria] 5th1cmLmts of Kinway CIL TTUSt {¢he '¢kntsble com[nY.) fw !'LYif Liwkryj
31 March 2025 which thl rinarKial xtiviiits the Bala¢ She th¢ C&8h flow aatLyncni WMI NJILS 1
Ihe finanLial sthtem¢nL Inc1ing 8 summarv of s1gnifTrLt 11¢1¢5. The financial rerA)rtin8 framLi4'1?rk" thal
Ikn applied in Iheir W¢p3rnEI is awthlicable law WKi Unid Kingkn A¢¢wntin8 SE•TrJgrds (United Kin8¢kn (iinirull
ALLLpied Aclouniing Pra¢iK¥l.
8iv¢ a In and lair viem ofihe sthie of the charithbk ¢(ffipany's aff8irs &s 31 March 21125 al ofils Inming
4wIiLalion ol"resourcek incl1$ its 1fmrne and ex]xThliiure. forthe y¢arthen enth4.
huvL prorArl)' prni>gr¥J in Lordwtt ivith Uthid Kingthrfn
REPORTOFTHE INDEPEND AUDITORS TO THE MEMBERS OF KINGSWAY TRUSf MAtters on whkh we reqlllred to report by extep In ihe light of th¢ ktMJi¥led8e and wthrsundin8 ofthe dlb]e cirfnY ond its environment in ol. IhL uudil. we have no¢ ideniilied m¢ri mi&uem¢nts in of the truxe¢& WL have n(rfhiD8 io rewrt in respea Of'. tollowing matrn Com[1¢5 Ad r¢qyire5 US rewl ts) il". in uuropinion: ade4uaie &couniing rYcoTth have Ikxyb k4A ty rdurDs for w a11 knv¢ not rtttived IrLXn noi ViSllLd b). or IhL linunciul in ggrttmeni ii.ith the?rAMting rtcori& and rewn4 L Lerwin disclosurLS ot"[TUse T¢ThurKThi¢)n by knv ar¢ mk: 'e not rffei&ed all the infiTh&ion •xl ¥xplanthLW we requirt (orow4wJiL Responslbllltles of tryst¢es As Lxplained moff lulli in the Swmeni OfinjA re5wibilitie& th tnLqtt5 IH4K> ar¢ alw dirnAoTS ofihe LharithblL i)mpan>' lor lh¢ FrtJrrKbs¢s of ¢(Xllkwn>' arL' r¢wrtsible for thc rryArthion of the financial stamen¢S fi)r bcin¥ 411isliLxl ihai IlK'> 8il'¢ a Ir and fair Vil.. and swh ini¢Jnd Cl1 the trustees deterniine is tC¢SSQry to e¢wblL I, pr¥y4raiion ol'linorKiol th ¥rL. fT¥X. from mawyial misswemcnL whethtrth fi¥j or¢rmr. In prL'purinll IhL' linunLiul sLemcnl& Ihe [rueS Iwe e51b1¢ fly a$S1n1 the charithble compows ability to ¢uniiiiu¥ &% u yoin% wnLXTh, di%105in opplicabJ¢. Malle relatrd to 80in8 c4)nc¢m and usin8 the going concern bgsis ol. acLouniin Un trus¢s ¢ither intend 10 liquid th ¢hJritsbl¢ eew hwe M reo]isiiL al'mli14 bui Ic) do 50. Our rewnslbllltlej for the Audft of the Nn•A¢tsI s¢t¢mtnts Our ubJL1IvL arc 10 obthin re$L$thIe akni finwnciai Sthmerrts #5 a whok are Iree frum muiKriuI MIWaLLnl. ii.hLxlr io fraud or (Yror. oThJ w IS a Reiwffl of the irkkwdeni audilor5 inclth ¢xJr w)iniim. Ill'51)nuh1¥ $SraLe is a high level of a&%uran¥x.. bui 15 a awjii cMduc¢cd In K¢Ord¢¢ iiiih I%A IIIKI iiill alii'&%s dLL[ a rnderial mis¥wiThmi ithen li Missta¢cmcnts tan uise fr(Mn frnud or iYr()r urL' LOnSidLYL ma¢iTial if. individuall) ur in tk. a8yeyc. tlw could re4$(ThY be exF¢Cted inllua)ce thL' Ixiiniimi d¥isions ofusers thk¢n trA5i5 ofthese linal #thmen 'ITrKi 10 i¥hi¢h our prJu[s¢ L4Fxbl¢ ofthdin8 intyularlii irteluditts fraj isthtall¢d lOW. In Iikniifying and assesyni risk5 01. in of iTf¢wL14riii¢¥ Sn¢ludin8 hud and ¥Yror. li. cvnsldLred the lullowin&'. IhLTr nulurLi ofihe indus. wnirol ¢nV1nYffiK iw51# wf(rfmaKv. rL%ulL$ ofour ¥YrtIIIiTiI8 io mano8emthi alKWI tyrOWn assessmeni of the risks orrraud and •TW, thi mthiern discussed amfftg ih. 4uKIii wam rc8¥tdin8 how and ithere fra may in IIK. linwKiyl iai¢mLni$ and >. Wcnlial indicai(M5 offraud. ()ur pKK¢dure$10 10 risk inLltyJc Ihe folk>i%in8". 'i¢ii"inB lh¢ finlIal S¢mcn1 discloLar¥I ¥tIn810 wFixxlirg dwunenww: li)m)ing MY111 ideniify. y unusuol thpt my iThlicMe risks of M¥y1&1 mi5Mow'M¥l duL' fraud orernor. IdY¢ssin& ihe risk. of fraj aThJ ¢rror through mana8emenl overrid¢ of o)nwol& wiin8 the aF>FWiaWKSS IJI. j{Nu1. I1.h¢¢ I. jud8¢ments mwjc in makin8 nUn& esiim85 are Indicl¥e ora t.Ual bi. L,&lu1n¥ IhL busirk55 raiionaJL oran) significani tr.115 ihDt ale urtUA orrnlside the M)mial 1r$¢ ofbusines A lurthLY re4k%bIlIts for awlii of the finKial 5tatemerts is ILUted on the filwl1 RLTKNiin Q"oun¢ll'$ websi * WW+Y.frC.(ryuklaI1f5blI1li¢ This of our of thE 1ndLnd¢n1 Auditors.
REPORT OF THE INDEPENDEf4T AUDrroRSTOTHE MEMBEILS OF KINGSWAY TRU Il of our repfyrt 'Ihis rL'POrt is m4wJL' solel%' w the thoTithbl¢ mY'S m¢mbu& a Immfy. in &%0rd tvith Chwr 3 of Pan lfi i)r ihL' C'ompanies IKK). Our ludii work Iws IKen uAkn•k¢n 50 that we might thte the dwi¢thl¢ ¢ompany's memk'rs lho. mlltteTS i%c arL' rLNUirtxl swe to in awlitort rerth aThJ for no tr)Se. To the full[ exni pem)illL*d h>, luiv. we do noi U&TA me res[)billiY anyonE ithr thln the Chwithble c(¥npany ara the charitsblL LxTrmtMn! s ML15 as u L¥¥Jy. for our a111 for this rnPXL the Opini( have fomio Paul Allun iJkn.k l.CA IS¢niw Atyjitttl li)rand on tK'hall'ol'lknin8ers LLP 1.)'8on l.lou. 50 Lonth)n R ljrumle) Klni IIR13RA
KINGSWAY CLCTRUST STATEMENT OF FINANCIAL ACTIVITI&S (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the yurended 31 2025 20U Unruttlrt¢d l oiJl INCOME AND ENDOWMENTS FROM Ik)n4hiions atvj IL'gSlLIL ??lJ.713 C.'harlt•ble Aetlvllks ofBIbl wvj christi LiwwwL' 6.9(Kl.IXII InvLment in¢ome Oiher income 1110016 15.¢M)U 7.?411.41.?7 EXPENDITURE ON Ruiyn8 lunds 7fi.7711 Charltsble A¢tl¥lths all ofBiblL% and ChriAith Li1 717W6 7.1{7(17 TotAI 794J39 7 ?45.4¥3 NET INCOME 17,702 3.4.$4 RECONCILIATION OF FUNDS .1 lunds broughi li)nianl 193 ?.3¥(}.7.19 'roTAL FUNDS CARRIED FORWARD 2.3W.IIJ3
KINCSWAY CLC TRU BALANCE SHEET 31 Mreh 2112S Unre5trkttd fvnd lun FIXED ASSETS l un8iblL 1155LiS 12 l.N761 l.KJ8.Y(19 CURRENT ASSETS l(Kk% I.or5 C'4Lsh u¢ und in 13 14 1rt2Q676 .334.•()8 644.XS9 ?44.?%1 306920 ? 4?3.4(11 CREDITORS Amounts lallin8 dsJL ii'iihin y 15 11,169J84) NET CURRENT ASSETS I,IW90 ?97.(Iy3 TOTAL ASSETS LESS CURRENT LIABILITIES 2,963351 3.15(Kh(i_ CREDITORS mounis lallinx duL' #lky nw)Y¢ lh Me Yew 16 1555J56) 17th.4(Tr91 I 'ET ASSETS 2107395 FUIYDS 18 14117J93 ? 3411. IV3 TOTAL FUNDS 2.34AI. IV3 'lThi finwKiJl ar4Yow¢d b). th IILwd of TnJees d Auth Is9X 1.7.w.. Jn¢J w¥rL' bignttl lis hairby.. W E Tru¥. The part orth finaKial swements
KINCSWAY Ci£ TRusr
CASH FIAPW ATEMENT
f•rth¢ yureDded31 makn 202S
C•$h IIow5 from optrating #ctivits
Lash genera1 from
9i.i97
Nd cash prOk1dL bN' 4IKYaiiDB iviiies
263894
Cash llows from InvtStiD#4dfvith5
l)urLhusc ol-wngJihl¥ liiL(J
IniLrcsi rLXLiiYxI
(1,999)
413
1?21LI 7111
wsh Én invLyin8 aLXlVitiL
(15861
1228.0781
CA5b Ilows from fiMntiftRattivilits
N
KINCSWAY CLCTRUST NOTES TO THE CASH FLOW STATEMENT for the yeAr ended 31 March 202S RECONCILIATION OF NET INCI)ME TO YET CASH FLOW FROM OPERATING ACTJVITILS 2O2S Net Ineome for the repoTllng perfod ptr the St#tement of flnau¢lal 8Ctlvitlesl AdJu$tmtttts for,. DcprLxiation charb¥L% Inieresl r¢YiiiL tkcrLYsL in %i(Kk% Lk'LN'&%i in ¢JLhiiirs Increa5eiidLr¢l in lfL11ors 17,702 3.454 64307 1413) 113ffj22 36J74 32,002 55.133 I?11.S.IN)81 Net elih provld¢d by op¢rntlons 263A94 95.397 AP4ALYSIS OF CHANCES IN NET DEBT Ai 1.4.24 Cuth llow At 31.3.2q Net cash C'ash al twnk und in hund 24251 6269 3iJ6.920 244351 306.920 Debt D¢b¢s lulling dul i¥iihln l jeor tk.bL% lalling uller l year 1134J98 {76W9 (I l J741 {1662721 {920A671 199J39 {72lh281 Total (67A6161 261. 1414.7U81 llbf nos fo part ofthese financial atcments Page 11
Kif4GSWAY CLC TRUST NOTES TO THE FINANCIAL STATEMENTS for the year ¢nd¢d JI Mgrch 2025 ACCOUNTING POLICIES Ba51s of prtPArfng th¢ finantlal ststsm¢nts 'IhL' lirwniial SWl¢m¥nis iTrf ihL ¢huriiabl¥ iumpany. whlch is a publii benefit entlty undtt FRS 102. .n in UCLoT¢JLL. itriih IhL' ChthritlL SORP IfRS 1021 'ALLLiunlinB and Reporlhn8 by Chari¢ics: 4iillLyn¥ni iTrl' Ril()mmild l)rdLIiLL applicable io ¢h8riii¢s prep1¥ their &Lci)unL$ in accordance wilh ihe FinAn¢ial Il¥PI)11111 SwniJ4rd Jppli¢ablk in ¢h¢ VK 4nd Republic of Ir¢land IfRS 1021 (effective l Januw 20191,, Financiul Ilil)i)iiin Sthndard 1112 "IhL l.inonLioI R¢porting Snd91 opplicable in the UK And Republic of Irelartd And ik ( iiinpuniL Ail ?(Mlfi.'I'hi linJnLial Sthl¥mimis hav¥ iKK'n pi¢par¢d U[er Ihe hi51ori4AI cost tonvention. lkni ¢h4Lfii)' LOtISlllUl¥s a public benefii eniiiy d¢fird by FRS 102. Colng concern lkne IruSlLYS hllve rth'iewed the po )'¢ar end finondal InforMlon available ihe tSme of8pproving thL. linuiiLiul stol¢rnLts, and hBve concluded that lh¢ fin4n¢i4151•tcmertisshoubJ wepttred on a goingconcem hsi Ineom¢ All irKomc is r¢¥(18nised once Ihe chnriiy has enliil¢meni 10 rh¢ i10¢, li is PTob4bl¢ th¢ iTKumk iiill bL' r¥y¥'i%,¥ and lh¥ omouni ol. incomL '1V&bIl can be M1¢d reliably. Turnover from the sgles Of liihl¥% und C'.hris1ian lii¢rniurL' is brshI inw account as receivablL lor the period and ex¢ludes VAT. l)onuiiun¥. I¢¥1% ond &>ills thre reLognised iyhen recLived or whLm th¢ chfyriiy bx'omL% Icgally Lniiil¥d li? IhLn) hu%'ing k.ln iiwiliid in ii'riiing ill. boih ih¥ amouni ond 5¢111emLni doll. Donaiions are allocaied .rKlI•L11% ai Illl rLyuL'41 nl. IhL. d(Ini)r. or 10 ih¢ gLn¢rdl lund lor voluni¢ers. In Ih¥' Iv¢nt ihM a donation is subje¢¢ 10 indIti11n% Il)ui rLyuirL' u ILVLI ol. perlom4ni¢ bLlorL' lh¥ Lhoriiy is ¥nliilLd io IhL fund& the income is defenrd and no( NL)binis¢11 uiiiil ¥iih¢r ul-th( iondiiiuns lull), m. or Ihc fuifilmeni of Ihose ¢ondiiions is wholly wiihin thL CL)niNil ill. IhL ¢harili und li is pruEAblL Ihlll those ¥ondiiions will be lullllled in th¢ pOlg pericd. Ini¥r¥'bl fund% h¢ld on deposii is inLludLxl when rffeivthble and thi. amoun( con be ured rL'liahli h). Ihl Lharii!.: Ihi% 14 n(irniJlli' upon nllIEIll)n ofihe interthi paid or yble by the bonk. Exptndlture LluhillliL urL' rnKx1xni.d as expendiiure RS 0Th as there is u legal oreontIYe obllwlon commlttln8 IhL' huril!. Iij ihlhl L¥tKndiiure. li is probable tha¢ seiilemeni will be r¢quirwJ and ihe amount ofthe obliwion ' mlasurl N.li4bly. All exndItre is ac¢oynioJ lor on an ai¢wg1s t&Si5. ex¢lusiv¢ of any VAT. LxFKndiiur¢ i%hiih is dirttily aiiribuwbl¢ lo spc¢ifi¢ aclivilie5 bttn i[luded in ihese ¢051 ¢ate8ories. ('(lil% lijii beLn 4lloLaied 10 self1¢ departments on a b&81& as a result no further y11¢)lory ofcosis 15 re4uirL'J. 'I'tK'r¥' gr¢ no losi$ 10 b¢ th1101¢d io the cosl of g¢n¢rJiiog volunthry income. Disiriiwiion¥ its vnluniter5 &nd ¢¢nweb' Tlrognixxl on commiimeni to payment and Are Included in LliJrilublL LXrtdl1rL'. Sts)Il'c05ts hJv¢ included in chwi¢thle i%pendi(ure. Allotatlon and Apportlonm¢nt of ¢osts In 14.tth SQRP I.-RS 101 govemon¢i' hpvL b.rt includcd withln support Co$ tiovLn)iiniL IxTr%i% comprisi. all c051s involving ¢he public uCWunbIlity of the Lknrity and IL8 compliance wih reguluiion ijnd b(MKI pr11¢¢. 'I'hi costs inLludL' COSI8 relwing plU1(AY audlt and legal ¢08ether with the &prAirtiiiniiiLni iTrr viYh¥ad and sup)XFrt ¢osts. T8Trglble fixed 498ts IkprcciaiiM is pwl'ldL JL thc lolloii'in8 rale5 in order WTile off each &5sei over its estimated uselul lili. l.'re¢hold Improv¢m¥nib Iv pror*rt>' rM>l proYi¢kd 5%onio Poge 12 ¢¢)n¢in%l...
KINCSWAY CLC TRUST NOTES TO THE FINANCIAL STATEMENTS- CODtinued for the ye#rend¢d 31 Mor¢h 2025 ACCOUNTINC POLICIES- contlTrued T•nglble Ilxtd Assets Plani atyj maihinLn' I-'iNluth and liiiin>)s Compui4f ¥4ulpniLL IIWo- 33.3% on cost ITr- 21Y/o On COS( - 33.3% un cost Filid &sKis donaLLiJ from Cl.C Iniemaiianal IUKI Ivere initlatly in¢lud¢d wryihtn fixed additions ai Ihe rKI hi)i)k I'aluL PLr Ihl audiied linanLial siaiemLnls ol- Cl.C Inicrnaiionol (UK) and ih¢n dept¢¢iated over ihL'ii' ulul L)n()Mi¢ IivL% Ii'iih reference lo the rclevani depre¢iwion policy (Ls delled aFxTrvel l.'rL'Lhold pr(iP¥'rti is inLlude(J in IIK. linthLial sw¢m¢nts & fair valu¢ &s at the balance 5heei dale. No deprLXlalllll) I providl'd in rL5PLLI of ihL IrLYhold propertiL%. This poli¢y of rrf)n-depTecialion, i& in the opinion ol. IhL InLSILL nccL55ar4' lor IhL linancbal .%tat¢ments to give a and fair viem, in accoTdan¢e iviih applicable accouniing siJiNlaril¥ s ihe ](wmie% are in¢lLthd in ihe financial swements * approprithe value. The pmperties %ill mainulin J I(& uruI ttxMomiL lite thnd high r¢5idual value through the polic). ofregular mainlenance and wair l¢har8¥S li)I' iihiLh are r¢cognised in the Statemeni ofFinsncial Aciiviiiesl sh ihd ihe ar¢ kept io the pmiously 05'S5K.d IL'ILIS. Stocks stks dTL' vaJuLd th IhL I4r of cost and tw reallbte Val after makin8 duc allowar¢ for oknkiL Jiid %li)%i moving iiLm& TaxAtIDn I'he chariiy is LxLmpi fn)m ¢orforntion l&x on itscharithble activi¢iw. Fund #ttounting Unre51ricid lunds comprisc ol'a genero1 lund uhich ¢xn be used in accordance with the eharitable objLLliVL'.% ai Ilk. dIsLyL10n ol'(hL and a rei•luaiion fund ii,hich is realised and iranSf¢rd io ¢he gerw41 fund upon thL' lL l)I' thl ,lULd propLrti or propcrties (o ii,hiLh Ihe fund relate Rtrilli fund8 . lunds i¥hich are lo be used in accordance iyith $FlfiL re5tricti¢Jn5 imFrf>sed by thc doni)I' Iru di.d. Ai Ihi hglan¢¢ sheth d¢ there i¥ttL' no remriaed ful held by the charity. Foreign ¢urrtnel¢s Ass¥•lS and liabili11s in foreign Lurrencies are irdnslad into sierfing at the raS of &xchange ruling ihl sh¥x'i daw,. 1'ranlI10s in foreign CUfTencie5 are irnnslaied inlo slLrling a( Ihc rate ofexchan8e Tulin8 IhL ddiL l)I' ansaiiion. l=.x¥honge ditYererKes are kn inio account in affiving at the operating result. Optratlng L¢gs R¢ntals appliLablL' ¢0 i)rthitn8 leases where substhni1IY all ofihe benefits and risks of owneT5hip remuin ii'iih ih It5)rarL Lhurgth u5 incurred. Pehsmjth t•sts #nd other post-tttlr¢m¢nt b¢nr F".mploy¥S of ih¢ churity ma). . lniii1¢ to join a d¢lined contmbuiion s¢hem¢. Th¢ ¢osts of the defined i1)nirili1)N hwnl Jr¢ ini1j¢ within support and govtrn8nce costs and charged ihe unrestricted futjjs ofthe chariis. The plan is mana8¢d by The Pcopld5 PerlOn Tn¢¢ Limid and Illv¢ts the contributions made by th¥ ¢rnpli))'lK' and cmplo¥er in an investhi¢ni fund io build up over temi of the pian. The rKn5Lon tutNJ 15 COnlnL ini() a pension UTXM ¢hc wnplovcc'5 nomial r¢iir¢m¢ni age ivhich is defined as M,hen they are tligible for 5talc tKii%iiin. "I". ¢harii)" liabilit> b¢lUr making ILS eoniribulions and payin8 across the deduciions for IhL' ¥TnpliTrNIx'4 Loniribuiions. Reallstd gslns ond h)SSe5 Page 13
KINGSWA Y CLC TRUST NOTES TO THE FINANCIAL STATEMENTS- mntlny¢d forthe ye8r ended 31 March 2025 ACCOUNTIIYG POLICIES- ¢ontlnu¢ All aInS and JrL' tsk¢n io lh¢ Sia¢iYnL•m of financial Aciii'ilies as Ihe). aris& Realised gaiNs JnJ i>ii pro1}. ar¥ ¥alculaied 415 lh¢ dilT¢rL'ncc betw sales proceeds and IF¢r opening carrying ViiluL' iir iliL'ir purchoSL' valuL il'aL4ULred 5ub5L'4uLmi io ihL lirst day ol'lhc financial year. Charitable activities C051s ol. Lharitablu activtli¥5 inLlude c051$ in Conneciion with the wle of Bibles Chris(ian liratur¥'. &)Ol¥imanL¢ 05Ls and thn aPrtIOnMlnt ol-wpport costs as shown in noiL 7. Trnd¢ and other ¢dItors I'rddL and oiher LxIlIrS are r¢¥ognis¢d in thL ttccounLS arc fatr value on Ihc dalL of the 1rdctIOn. ImpuinnLnLS IirL ised in thl S¢a¢emeni of l.'inancial Aciiviiies in ihe Teportin8 p¢ri¢)d. Critical aeeovrttingstimates judgements In iipp1iLaii4)n ol. thi ¥hari(N"'s a¥coun¢ing poli¢i¢s, Ihe trLLs*es are rquired Lo make judgemcnts. LwiniaiL.% und assum10n5 a)1 IhL carrying amouni ol'&sse15 and liabilitie5 th arc not readily appaTrt from other 50urL¥ tsiimatL ar assl1ed asyjmrrtions are btL%ed on hisiorical eXper1er and other fa¢T$ thai are con5id¥fL'¢J iii IK. rLIean1. Actual rLsults ma)" ditfer from these L51imaic lThe L%iimates ond underlying &ssumptions are reviewed on an ongoing basi& Revisions io accounting ¢%iimiilLs . recogni in ihe pEriiNJ in %ihiLth the estImC is revised where the revision atyects only that peri(yJ. or in IIK. tKriiKI ol-IhL rLi'ision and luiure PLThS iihere ihe rev0 anccts both CUrrl and future peri( DONATIONS AND LEGACIES 2025 DOnlon5 Gill aid 13399 2JOI ?)4.l)7() 1.734 INVESTMENT INCOME 2025 ?11?4 R¢nis rt¥¥'ivv S¢rvi¥¢ ¢haTg¢s receivj Intere4 tIVabl 67h03 CJ7.NlJ 413 I{116 Page 14 )nlInMI...
KINCSWAY CTRUST IYOTFS TO THE FINANCIAL STATEMENTS-¢wdDu¢d for the yearendtd 31 March 21)25 INCOME FROM CHARITABLE A1vITIEs 21n5 ALI11'III Sales ofBibb avilan Liieraiire Sales ofBibles aThl Chrisiian Liierniyre SaJ¢s ofBibles and chrilan Liiernture Sal¢s ol"Ilibles a1 Christhqn LilcrnturE Salcs ol"Bibl¢s 8fvJ Liw•ure WIM)lesal¥ sak Iwip S166 6&911 lJ33.142 -5.416.4)4(Tr 411.IMYa 1.41¥.4 Ro)'aliies Iorne POD iTKXXllL 41.760 14.IWI) 678325 6.9tI¥ 4AII RAISINC FUNDS R#igltsg do#¢h)w •nd kg¥l¢s 202S ?11?4 AdvLmi5in 7(?.776 CHARITABLE A[VITIEs COSTS (see e7} Saks ot'BibltsaThJ ChriAban Litffluwc S847,906 J99XI 6.717JJ6 SUPPORT COSIS brcakdoilm ol"w ilu1 in theaiy)vLwe as fdlows: other5pport Costs Yearelldtd 31J25 YLwL7¥kd Jl..1.24 S•lts of Bibks amd Christian LlterJtNre Sales ol'llihk.% awiian l_ilLraiurL R¢nL Ta & wiliues l ilephonL' RLpgif5 InsurdK Cledning .1 ruvel & MixorLp> Fwent Lthls Adi'crtising & worn1 Printing &. sia11tr5. dorAtions Credii th iharges TrainÉn8 Costs Bwj arKI di)utrAlul Corner licerKin8& Main*nat F.qULpmLnL mainlenae W¢lfare e.irKnk 63335 15WS 7226 19391 IL651 30.013 2.918 (rf).?1)9 3.51MI i().41)6 14).Ulj 3.4iQ 1.774 44J73 $5.•43 4.%77 Page 15 IXmliTKJ¥XI...
KINCSWAY CLC TRU r40TES TO THE FINANCIAL StATEMENIS- tlIAt for th¢ yertnded JI mAh 1025 SUPPORT COSTS- ¢ofytl•w¢d Inlernaliwl u111 fi¥4d LwdribuiiTh) I1 Charg 14.61)3 i().J.?C) 37255 4.4411 5.177 i>n CLC. l(wn POD C'o4$ rA'pYL%iuiiun ol'iaii8ibli fLwI 4j.1.13 549SII 581.57( Gov¢rnaNee eosts YeAr Ended 31J.25 SAi¢s of Blbl Dd Chrb¢lw Uttrthre Yelr Ended 31J.24 SAIt5 of Blblts •Thd ChristlAn Ulernl¥r¢ Sulwil Audiiors. rL'munerdiion LL8al drtd m)fL%siorAI fees Conl¢rn'rnx% & mttYin85 249h68 17.41Kl 13A21 6378 321x429 NET INCOMEIEXPENDITURE) N¢1 irKomLqlNl1uff l is S1 all¢r¢W1cdI1l. 2025 211?4 Audiior5' rl.mun¢r1[ Depr¢¢iJiiw- lJ341 64307 55.1.13 Page 16 ¢I)MIIIuL...
KINGSWAY CLC TRUST NOTES TO THE FINANCIAL STATEMENTS- eonthlwd for th¢ yr ended 31 Manh 2024 TRUSTEES. REMUNERATION AND BENEFITS 'I'h¢TL ii'¢fL' n(? 1rubtcL, rLYnunLNtion or oihLY benet115 IOT the year ended 31 March 2025 nor tor )Luf L'iidLyJ Trnstets, txptnses InLlu(kd ibiiliii) I'ruslLLb. IxinfLrthce und ¢ommLllee exnseS 2Te experbS claimed by truglee5 lor INlI1•n& iii Irustiys m¥Y'iin&b5 01-£9?71?(1?4.. £4671. 10. STAFF COSTS 2025 21194 l.'mplo)mLni LO¥ts WB8es and wluTiL5 1041J47 86J20 21048 Other pensi( Lu%ls' 1,148915 'rhe aYern8Lb m(lhI). nu'r ol'LmploycLs during the yuw w&%&$ follows.. 2025 41 71174 'ull limi part Ilmo No implo>LL rkx¥ivLd emi)lumLnL8 In ofE(A).O(X). COMPARAI'IVES FOR THE STATEMENT OF FINANCIAL A1VITIEs UnrL'%iriLILxl INCOME AND ENDOWMENTS FROM DonJiicin4 ai)d l¥4glll¥lL% Charliablt Ati1vtI 5alL's ol'Bibli% ynd Chrisilun l.IILyytUl 6.¥(.)(11 IrbvesimLni inLomc Other in¢omL JB.3?3 Total 7.?4¥.9:, EXPENDITURE ON Raising 70.77(Tr Charithble grtfvltle5 Soles ol'LliblL% uiid Chri51ian LiiLiraiiire Tol81 7.?45.483 Page 17
KINCSWAY TRUST NOTES TO THE FINANCIAL STATEMENTS- ¢oDtl•u¢d rorthe yeAreTrdtd 31 Marth 21125 COMPARATIVES FOR THE STATEMENTOF FINANCIAL AcnvmES- ronlillwed lJnrnNriL1L lunJ Ir4COME RECONCILIA TION OF FUNDS "lixal lunds bruu¥hi ?.IIKI.7.1 TOTAL FUNDS CARRIED FORWARD ? 39(l.11)3 12. TANGIBLE FIXEDASSETS Improvemenls to F01d PlJni und muLliiii¥n cogr Al l Awl 2024 Addiiions 1307.176 37&99l 1192J3 Ai 31 Morch 2025 1807,176 37&991 1193J3 DEPRECIATION Al l April ?1124 Charge for i'L*r 66J87 20J28 L4J72 l.E499 Ai 31 MarL'h 20?5 8A913 40.971 NET BOOKVALUE Al 31 Mar¢h ?U?5 IJ07,176 292J176 78362 Ai JI Mmh ?1)24 .407.176 312.6C 3.¥(11 PJKe 18 nliiiuL...
KINGSWA Y CLC TRUST NOTFS TO THE FINANCIAL STATEMENTS- tontinued for th¢ yeartllded 31 March 2025 li TANCIBLE FIXED ASSETS- wntknued IXIUT Compul¢r equipment rittings -1 i)Ml COST Ai l April 20?4 Addilions 114J95 63280 2,IWJ)74 Al 31 MurLh ?1125 114J95 65379 2.(KS.V74 DEPRECIATION Al l April 2024 86J57 17,829 4S990 10251 22&106 307 ChargL lor vlwr Ai 31 Murih 2025 104,186 56241 288J13 NET BOOK VALUE Ai 31 MJwh ?O?j 9.038 1.796.761 Ai 31 March ?4 28.038 17290 1.¥511.WTrY 'IthL IrLKI)old PpLY valuLd in 2U18 by the tsustees of CLC IniLmational (UK} using market dala 10 Lnwr¥' ikni lh¢ in¥ valui fair valu¢ in a(rdance wilh FRS 102. Follo18 th¢ donioD of (he propLni iu IhL' ¢haril% l)i) I August 2019 ihL In151ee5 01. boih chariiiLS revieii'ed ihe ¢aryinB amouni and ¢oncluded thLri nc) mJi¢rial ¢han¥¥ in Iwr Val sin¢L IhL' last valuAiion. The tnLses ¢oniinue b¢lieve thai th¢r¢ h&s been n)atL'ridl adju%imini in th¥ carry'ing i'aluL that d8 13. STOCKS 2025 s)cks IA20h76 1.534.?y% During lh¥ perityj ihe iru51ees rL.%¥lL ii'hole58le slow.moving nei realisable value. Included in thL aLLiiuni is a ImpullnI proN'ision iolalling f262.IX)012024: £205,81. DEBTORS: AMOUNTS FALLING DUEWITHINONE YEAR 2025 21}?4 'I'rnde deixots OIlK'r dl.0[$ arKi PTepa%'miY VAI. 517J13 58J12 533.7(11 43.7().1 Accrucd iniom¢ JOJ47 1)44.¥5? Page 19 Lwniinuid...
KINGSWAY CLC TRUST NOTLS TO THE FINANCIAL STATEMENTS- eontlttued for the yeAr endeil 31 Marrh 2025 i. CREDITORS: AMOUNTS FALLING DUEWITHIJY ONE YEAR 2025 Bank. Iiwn.s and 01.¥r91 Ix%' n¢M¥ 17} Oihir noiL 171 'I'rddL ¥rL'dii( IOA77 ISS,795 61S293 19.729 368290 l).364 11).474 Sundr> LfL'diloTS und &LLruBI% 1.169J84 16. CREDITORS: AMOUNTS FALLING DuEAER MORE THAN ONE YEAR 2025 bank knns15ce noi¢ 171 OthLY (**' niiiL 171 SJ56 550.000 Ih.46y JSSJ56 17. LOANS An urhlll!'si% ol'ihL InaiuTiI)' ol'liwns is 81n iK.Iow.' 2025 ?11?4 Amiwn18 lullingd. 14'iihin )'4oron dLmdnd'. Elunk li)un% Oth¥r lixuis IOA77 ISS795 V.3fv1 166372 114.3YiI AmLWts15 lullifi¥ bL'liveen one iivo YLWS: Bank loun.s- 1-? S'L$ OihLr liTrllns- 1-2 l'ur5 SJ56 ssoo00 55SJ56 7%l).714 Am(w¢)Is lulling hLti4ten iiio aNJ fivL yea Bank Ifn- 2-5 )'iWS (1.75$ P48e 20
KINGSWAY CLC TRUST NOTES TO THE FINAf4CIAL STATEMENTS- eontknw¢d for the year ended 31 M#nh 2025 MOVEMENT IN FUNDS Nei movement in funds Ai 1.4.24 Unrestrlrted fuAd5 GenLral fund 2,193 17.702 TOTAL FUNDS 2JXI.i93 17.702 Nel mOVLYncnt in lur¥Js, irKludLMI in ihe alxTrve are as follows: It)coming expended in lunds Unr¢strirt¢d fyRd$ G¢n¢rJl fund 6011041 IA794J39) 17.702 TOTAL FUNDS 6J12NI {&794J39) 17.702 Comporodves for movemtht iti hnds Nei movement in funds Ai 1.4.23 Unrestrltted fund$ G¢n¢rJl lund 2.386.739 3.454 ? Jy(l.11)3 TOTAL FUNDS 2.386.739 3,454 1.39(l.Illj Comparniive nei mOtrLmLL in lund& in¢ludid in Ihe ave are as fdiows: Inwming expended in lunJ5 U*r¢$triet¢d fujbds G¢n¢rnl fuThl 7.248.937 (7.245.483) TOTAL FUNDS 7.248.937 17245.483 Page21
KINGSWAY TRUST NOTES TO THE FINANCIAL sfATEMENTS- tonthi#ed ror th¢ ye•r¢nded 31 Mareh 21125 19. RELATED PARTY DISCLOSURES Cl.C InlLThotionDI IUKI is a rLlad rAni' to thL5e& By an Aw Transfer Aryem on 1I}11). ("LL Irans[LrrL &ssets i(Mallin8 £3.179J49 CLC TntsL 8 Chariiy ComrAny limitsxl b) biiiJrwiiix'. During thi% pftxK'ss Cl.C Wdllslenrd its M'hoksak and ecomme divisiorns os wdl &% 1¢$ warelw i)IliLt in J4'Lr()11. iiarL.hO Irth deb and croJilOTh 32 CLC employtts Ye transferyed io Kio8siia% u4¥y I. I'IIPI.. orrnngLThLml. wilh rLThainin$¢mplwcfS tsansf¢fftyJ during theyeara)d¢d 31 March 2021. ?1)?4 llkrL" Man1e[L¢ io CLC Of£18.1 12024: £15.(rfJ)l aThJ no good5 1Th' lil ili¥lll ?1124- tnili. A% 31 MurL'h •LI?5. £71)5.Tr5 owed CLC InKThati(ffjaJ IUKI. IL.11 io a shffi iwni Ii)Jii ill. £155.79S JUL iiiihin i)n¢ rnonih uf lh< lear UKL #MI a rm loAn of £550.IXQ. IntrbfA ts acuuing a¢ lh¥ Ilonk. ol-l.'nsl4nd rn.. %*iih £37.920 ihar8¢d for th¥ yew. CLC lnKynl0noI is u rdweil r. due mul1 trus¢4 A Swrt C(XLtril)uiM)n of £32.8(K) i7I?4'. £34.6931 pfjid io Cl.C Inwrwionol durin8 ylv. 'I"IK' lI111l5 01. RL'.vivd.IxNn lakl I¥¥ IK.Id in • in thc name of Re-vived.com ResourLi5 1.ld bul rL li1.111c5 of Ik. Kinwia! CLC T Re-VId£0rn Rcxmwtes L&1 w¥ thNrnant IlmilL b! puurnniLX..'Thi of Kin&%iiJ)' C"LC TruA #re thegum¢LY Includ¥d in and SalariL is r¢mun¢rnliM paMI ke). re1 of ihe chBril!' Jwiri& ilK' rin¢181 rrtrityj il'tih tLMuI ¥Thploym¢ni irt1j1$ employcr nsIOn coniritxKiLY £2¥11.651 1?11?4.. £249.06¥1.