REGISTERED COMPANY NUMBER: 01114273 (England and Wales)
REGISTERED CHARITY NUMBER: 266038
Report of thè Trustees and
Unauditéd Financial Statements for the Year Ended 31 March 2026
for
BATH ARTS WORKSHOP LIMITED
Richardson Swift
Chartored A¢counlanls
11 Laura Pla¢e
Bath
BA2 4BL

BATH ARTS WORKSHOP LIMITED
Contonts of the Financial Statemonts
for the year ended 31 March 2025
Page
R@port of the Trustees
Independent Examine*s Report
Statement of Financial Actlvltles
Balancè Sheet
Notes to the Financial Statements
9 10 14
Detailed Statement of Financlal Activities
15 10 16

BATH ARTS WORKSHOP LIMITED
Report of the Trustoes
for the year ended 31 March 2025
The Irusle8s, who are also directors for the purposes of th6 Companies Act 20[￿. present their report with
the financial stslements of the charity lor the year ended 31 March 2025. The Iiuslees have adopted the
provisions of Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable lo
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and alms
The principal objective of the company is lo promote, encourage and inciease the appreciation and
underslanding by tho general public ol the arts gènerally, and promote edu¢alion in all seclions of the
Community of both cullural and crèative arts. This is achieved primarity though the perforniances of The
Natural Theatre Company la trading namel and educational WOFk5hops.
Page 1

BATH ARTS WORKSHOP UMITED
Reportof tho TYust8es
for the yoar ended 31 March 202S
OBJECTIVES AND ACTIVITIES
Signilicant act5vitles
The number of performances incr8ased this year. e8pecially In the laller half of the year after th6 arrival of a
new government with a new plan for the economy. We invested more training and creative development
for our actors this year and we also improved our costume and props stock. The signrfKant successful was
the transfer ol The Truth About Harry Beck for a 4-monlh run into The London Transport Museum in
London's Wesl End. We were given a legacy donation from Creativity Works who ceased trading. The
donation was lo ensure the R￿slOck Festival continued for another 2 years.
Highlight gigs..
- Roman Baths performances every day plus new Roman Baths speeches
The Truth About Harry Beck resKJency al The London Transport Museum with a h¢yJl of fabulous 4 star
reviaws
Rad51ock Fayre {Ihis year run by ourselves)
Glastonbury Festival
- Ascot Races
Party In The Cty Bath
Bath Spring Fayre
Midsomer Norton Mayday
Evening Explorers SEN evening at Roman Balhs
- Number One Roy81 Crescent
-Three Georgians at Thts Pump Room
Bath Spa Uni Graduation
Manchester Street Thèatre Festival
Gothenburg Feslkval
- GEM Conference
- Bath Autumn Fayre
- Bath in Blo(Im
The Business Exchange Awards
Parade Gaidens
Wilderness Festival
Jane Austen Festival Lost & Found Walking Tour
Christmas parties
Bath Christm88 Market gigs.
- A Christmas Cracker ran for 2 week$ at The Rondo
- Three 3 weeks of a Roman frcAn The Baths at The Markell
Participation.,
SEN provision continued with three new individual students who have funded their work wilh us privately.
as local authorities would not foot the bill
Radslock Fayre was run solely by us in connection with a number of other education projects in the Somer
Valley
Diversions performed al Glastonbury Festival onco again this year to great acclaim and we are looking 81
booking more f8slivals for next year.
Development Work..
We started paying pensions for 811 our performers who opt in
We undertook a programmg of training and dev@lopmenl with uur aclors, resulllng in some new ideas and
8n understanding of shared values and compassion within the team
Public bènefit
The charity objectives and aims are perfomied with regard lo the Charity Commission guidance on public
benefit.
Soclal Investments
These were received from..
performan¢e fges
donations from local business and Imsls
building hire.
Page 2

BATH ARTS WORKSHOP LIMITED
Report of the Trusteeg
for the year ended 31 March 2025
ACHIEVEMENTS AND PERFORMANCE
strategies
stralegi&s employed to achieve the objectives..
Continued support of several community and education projects, including youth Ihealres and work
experience weeks for young people
- The hire of the sludio, workshop and office sp8¢8
Increased Twitter, Facebook and Inslagram activity
Future plans
Our future plans are detailed in our business plan for 2023.6
To make the company more environmentally friendly, through improving the building insulation and
reducing power usage,. by recycling and re-using props and coslurnes., by using shared transport as often as
possible
- Develop new performances
Continue lo develop educalionlparticipalion strands
Create projects lo sell directly lo the general public
To reach new clients through long-lerm business relationship d@v@lopmenl
- To continually review the success of the current business plan.
FINANCIAL REVIEW
Financlal positlon
The financial slalements of the charity for the year ended 31 March 2025 show a deficit of £8,380.
After taking inlo account all sourc8s of income. and not including the depreciation of the building, there was a
of surplus of £5,318.
During the year. the comp8ny recèived £28,056 in grants and donations, which will be used towards the
Radstack Fayre. The Iiustees continue lo actively review and consider all funding options and the Board has
implemented strategies lo match income to costs lo secure the long term futur@ of the Company.
Investment pollcy and objectives
The chaiily has limited reserves and these are generally heKI in accounts which are readily accessible. The
Irusle@s are, however, mindful ol their respu)nsibilrties and geek to obtain the best returns available within th8
context of such a policy.
The charty owns the freehold of the building from which il operates. The b4Jilding 15 shown as a designated
fund in Ihe accounts lo distinguish il from readily available funds.
Reserves policy
The Iruslees have decided that £80,000 should be kept in reserve al all limes as a contingency. This figltre
breaks down as follows., £45,000 lo cover maintenance of essential services, £15.OUO lo support the cash
ttow of the charity and £20,000 for unplanned c108ure, to meet pay and redundan¢y costs. This Re8erves
Policy was reviewed for this financial year.
At the end gf the year. the charity had unrestricted nel current assets of £845.554.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by ils goveming (iocumenl, a deed of Irusl and conslilules an unincorporated
charity.
The charity is controlled by its goveining documént, memorandum and articles of association, and
constilules a limited company. limi18d by guarantee, as defined by the Companies House Act 20(E.
Page 3

BATH ARTS WORKSHOP LIMITED
Report of the Tru$te8s
for the year •nded 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisalional structure
Trustees arè appointed by the boaTd of tru8lee8 and normally servè for a period of three years. at the en¢J of
which lime they may seek re-appoinlmenl. The minimum number of Iruslees la quorum) is three and th8
maximum thirty. Trustees agree the broad slralegy for the company and delÈgale day lo day 8dminislralion
and implemenlalion lo the artistic director. The trustees keèp the skill requirements of the board under
review. New ITuslees may be sought by open advettisemenl or through dialogue with candidates wilh
relevant expertlsg. Selection of new members is a matter for the existing board. On appoinlmenl, new
members are given an inlioduclion lo the work of the company and provided Wbth informalitsn atK)ul their role
and charily law.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01114273 (England and Wales
Registered Charity number
0266028
Rogistefed oflice
Widcomb8 Inslilule
Widcombe Hill
BATH
BA2 6AA
Trustaes
APSBorn
J S Herring
J T Walters
J Bennelt {iesigned 25 May 20251
J A W Butterworth
J E Warren {appoinled 4 Novembei 2025}
Company Secretary
A P Buiden
Indèp8nd8nt Examiner
Richardson Swift Audit Ltd
11 Laura Place
Bath
BA2 4BL
Approved by order of the board of trustees on .
lty.I'L
and signed on its behalf by..
A P S Born- Trustee
Pa90 4

Indopend•nt Examiner's Report to the Trustees of
Bath Art$ Workshop Lim5ted
Independent examln?r's report to the trustees of Bath Arts Workshop Limlted I'the company'l
I report to the chaiity Iruslees on my examination of the accounts of the Company for the y8ar ended 31
Mar¢h 2025.
Re$ponsibllities and basls of report
As the charity's Iruslees of the Company land also ils directors for the purposes of company lawl you are
responsible lor the preparation of the accounls in accordance with the Tequiremenls of th8 Companie5 Act
20061.lhe 2006 Act'i,
Having satisfied myself Ihal the accounts ol the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respecl of my examination of your charily's
accotjnls as ¢arried out undei Section 145 of the Charities Act 2011 I'lhe 2011 Acl'}. In carrying out my
examination I have followed the Directions given by the Charity Commission under Secllon 145{51 Ibl of the
2011 Act.
Independent examiner's 8t8t8m8nt
Since your charity's gross income exceeded £250,000 your examiner musl be a member of a listed body. I
can confiim that l am qualified lo undertake the examination becaus8 l am a member of the Inslilule of
Chartered Accountants in Et)gl8nd and Wales, which is one of Ihe listed bodies.
I have completed my examination. I confimi Ihat no matters have come lo my attention in conneolion wilh th8
examination gDiin9 me cause lo believe..
accounllng records were not kept in respect ol the Company as required by SeclHJn 386 of the 2006
Act., or
Ihe accounts do not accord with those records. or
the accounts do not comply with Ihe accounting requiremenls ol Section 396 of the 2006 Act other
than any requiremanl that the accounts give a true and fair view which is not a malier considered as
part of an independent examination", or
the accounts have not been prepared in acGordance with the methods and principles of the Slalemenl
of Recommended Practice for accounting and reporting by charities lapplicable lo charities preparing
their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ir¢land {FRS 10211.
I have no concerns and have come across no other motlers in connection with the examination to which
allènlion should be dr8wn in this report in order to enab￿ a prop￿ understanding of the accounls lo be
reached.
Calheiine Etlwards
Richardson Swift
Chartered A¢¢ouNlants
11 Laura Place
Bath
BA2 4BL
Dale..
Page 5

BATH ARTS WORKSHOP LIMITED
Statem8nt of FinancS8l Activitiey
for the yèar ended 31 March 2025
2025
Tot81
funds
2024
Total
funds
Unrestricted Reslri¢led
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Dongtions and legacies
21,999
15,551
37,550
29,242
Charitable actlvities
Charitable
309,608
310,548
260,750
other trading aclivili88
Investment income
39,427
1.111
39,427
1,111
97,337
945
Total
372,145
388 836
388,274
EXPENDITURE ON
Ralsing funds
12,489
12,489
12.471
Charllable actlvities
Chafitable
366,380
12,023
378,403
387,000
Other
6,124
1,130
Total
384.993
12.023
397 016
400 601
NET INCOMEIIEXPENDITUREI
Transfers between funds
112,8481
114770
4,468
114,770}
18,3801
(12,3271
Net movement in funds
101.922
{110.302)
18,3801
{12.3271
RECONCILIATION OF FUNDS
Total funds brought fowward
753,126
114.770
867,896
880,223
TOTAL FUNDS CARRIED FORWARD
855,048
4,468
859 516
867.896
The notes form part of thèsè financial slalements
Pa9e 6

BATH ARTS WORKSHOP LIMITED
Balance Sheet
31 DAarch 2025
2025
Total
funds
2024
Total
funds
Unresliicled Reslriclèd
funds
funds
Notes
FIXED ASSETS
Tangible assets
702.266
702,266
715,632
CURRENT ASSETS
Debtors
Cash al bank and in hand
47,353
120 114
47,353
136.582
34,163
130.342
16.468
167,467
16.468
183.935
164,505
CREDITORS
Amounts falling due wilhin on8 year
114,6851
112,0001
126,6851
{12.241}
NET CURRENT ASSETS
152,782
4,468
157 250
152264
TOTAL ASSETS LESS CURRENT
LIABILITIES
855,048
4,468
859,516
867,896
NET ASSErs
855.048
4,468
859,516
867,896
FUNDS
Unresliicted funds
RoStri¢ted funds
855,048
4468
753.126
114.770
TOTAL FUNDS
859 516
867,896
Th8 charitable company is enlilled lo exemption from audit under Section 477 01 the Companles Act 2Q06 for
the year ended 31 March 2025.
The members have not r8quired the Company lo obtain an audit of ils fin8ncial slalements for the year ended
31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The Iruslees acknowledge their responsibilities for
la}
ensuring that the chafilable company keeps aecounting records that Comp￿ with Sections 386 and
387 of the Companies Act 2006 an
Ibl preparing financial slalemenls which giv8 a true and fair vlew of the slate of affaiis of the charitabl8
company a8 8t the end of each financial yeay and of ils surplus or deficit for oach financi81 year in
accordance with the r@quiremenls of Sections 394 and 395 and which otherwise comply with the
requirements ol the Gompanies Act 2006 relating to financial slalemenls, so far as applicable lo the
charitable company.
The not8s form part of these financial slalemenls
Page 7
conlinLJed...

BATH ARTS WORKSHOP LIMITED
Balance Sheet - continued
31 March 2025
Thèse financial stalernents have been prepared in accordance with the provisions applicable lo charitable
mpanies subject to the small companies re9ime.
The financial slalemenls were approved by the Board of Trustees and aulhorised frir issue on
.its.., ls.l&....... and were signed on its behalf by..
A P S Born - Trustee
The notes form part of these financial statements
Page 8

BATH ARTS WORKSHOP LIMITED
Notes to the Financial Statements
for the year endod 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the flnan¢ial statements
The financial slalemenls of the charity, which a public benefit enlily under FRS 102, have been
prepared in accordance with th& Chacilies SORP IFRS 102} 'Accounling and Reportin9 by Char¢ties'.
Slalemenl of Recommended Practice applicable to chartiies preparing their accounts in accordanGe
with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 102
(effective 1 January 20191,. Financial Reporting Standard 102 'The Financial Reporting Standard
applicabte in the UK and Republic of Ireland, and the Charities Act 2011. The financial slalemenls
have been prepared under the historical cost convention.
Income
All i￿ome is recognised in the Statement of Financial Activities once the charity has entillemenl lo the
funds, it is probable that the income will be receivèd and the amount can be m6asured reliably.
Expenditure
Liabilitie5 are recognised as expenditure as soon as there is a legal or Gonslructive obligation
Committing the charity lo that 6xpendiluTe. it is probable that a transfer of economi¢ benefits will be
required in selllemenl and the amount of the obligation can be measured reliably. Expenditure Is
accounted for on an acciuals basis and has b88n classified under headings that aggregate al cost
related to the category. Where costs cannot be directly attribut8d lo particular headings they have
been allocated lo activities on a basis consistent with the use of re80urces.
Tanglble fixod assets
Depreciation is provided at the following annual rale8 in order lo write off each asset over ils
eslimaled useful life,
Improvements to property
Motor vehicles
Computer equipment
Freehold property is deprociated over SO year3 down lo 8 residual value of £2(Ki.000.
2/ts on cost
150h on reducing balance
250A on redu¢ing balance
Taxation
The charity Is exempl from lax on its charilable aclivilies.
Fund accounting
Unreslricled funds Can be used in accordance with the ch8rilable objectives at the discretion of the
trustees.
Reslrided funds can only be used for part￿ul8[ reslricled puiposes within th@ objects of the charlly.
R6slriclions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of eaGh fund is included in the nol&s lo the financial
slalements.
Pgnsion costs and other post-retirernent benefits
The charity operates a defined contribution pension scheme. Contributions payabl8 lo the charity's
pension scheme are charged lo the Statement of Financial A¢livili8s in the period lo which they
relate.
Company status
The company is a company limi18d by guarantee. The members of the company are the Trustèes
named on page 4. In the event ol the company bein9 wound up, the liability in respect ol the
guarantee is limited lo £10 per membei of the Gompany.
Fage 9
Continued.

BATH ARTS WORKSHOP LIMITED
Notes to the Financial Statements . continued
forthe yearended 31 Ma¥¢h 2025
OTHER TRADING ACTIVITIES
2025
2024
Sundry income
Theatre tax relief
32,395
7,032
67,008
30,329
39,427
97,337
INVESTMENT INCOME
2025
2024
Dewsil acKount interest
1,111
945
TRUSTEES. REMUNERATION AND BENEFITS
There were no Ifuslees, remuneration or other benefits foy the year ended 31 March 2025 noT for the
year ended 31 March 2024.
Trustees. expense$
There were no Iruslees, expenses paid for the yeaf ended 31 March 2025 nor for the year ended
31 March 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled Restricted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
23,396
5,84
29,242
Charitable activitie5
Char¢table
260,750
260,750
Other trading activities
Investment income
97,337
97,337
945
Total
382 428
5.846
388,274
EXPENDITURE ON
Raising funds
12.471
12,471
Charitable actlvitie5
Charitabl8
373,09)
13,910
387,000
Other
Total
386,691
13.910
400 601
NET INCOMEIIEXPENDITUREI
{4,2631
18,0641
112,3271
RECONCILIATION OF FUNDS
Total funds brought fDtward
757.389
122,834
880,223
Pa9e 10
continued...

BATH ARTS WORKSHOP UMITED
Notes to the Financlal Statements - Continued
for the year ended 31 March 202S
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACnVITIES - contSnued
Unreslficled Reslricled
funds
funds
Total
funds
TOTAL FUNDS CARRIED FORWARD
753,126
114,770
867,896
TANGIBLE FIXED ASSETS
Improvements
Freehokl
property
Motor
vehicles
Computer
equipment
propety
Total8
COST
Al 1 April 2024
Additions
650.000
234,908
25,985
123,245
2,015
1,034,138
2.015
Al 31 March 2025
650 000
234,908
25,985
125 260
1,036.153
DEPRECIATION
Al 1 April 2024
Charg8 for year
126.000
53,654
16,864
1,369
121,988
314
318.506
15,381
Al 31 March 2025
135,000
58,352
122 302
333,887
NET BOOK VALUE
At 31 March 2025
515,000
176,556
7.752
702.266
At 31 March 2024
524,000
181.254
9,121
715.632
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Olh8r debtors
Prepaymenls
19.538
17,764
16,529
10,732
47,353
Page11
conlinued...

BATH ARTS WORKSHOP LIMITED
Notes to the Flnanclal Statemènts- continued
for the year ended 31 March 2025
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditors
Taxation and social security
Other creditors
1,469
4,631
2D,585
2,042
4.418
5.781
MOVEMENT IN FUNDS
Net
movement
in funds
Transf8rs
between
funds
Al
31.3.25
Al 1.4.24
Unrestricled funds
General fund
753,126
112.8481
114,770
855,048
Restrlctgd funds
Resliicled funds
Radslock Fayre
114,770
{114,770)
4,468
114,770
114,770
4,468
TOTAL FUNDS
867,896
859 516
Nel movement In funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in fvnds
Unrestricted funds
General fund
372,145
{384,993}
112,8d81
Restricted funds
Radslock Fayie
16,491
112,023}
4,468
TOTAL FUNDS
388.636
Comparatlves for movement in funds
Net
movement
in funds
Al
31.3.24
At 1.4.23
Unrestrlcted funds
General fund
757,389
14.263)
753,126
Rostricted funds
Reslricled funds
122,834
18,064)
114,770
TOTAL FUNDS
880 223
12 327)
867 896
Paga 12
continued.

BATH ARTS WORKSHOP LIMITED
Note5 to the Flnancial Statements - contlnued
for the year ended 31 March 2025
MOVEMENT IN FUNDS- contlnued
Comparative nel movement In funds, included in the above are as follows..
Incoming
resotjrces
Resources
expendad
Movement
in funds
Unrestrlcted fund$
General lund
382.428
1386.6911
(4,2631
Restrlctod funds
Reslricled funds
5,846
{13,9101
TOTAL FUNDS
388 274
4LX),6011
12 3271
A current year 12 months and prior year 12 months comblned position is as follows..
Nel
Transfers
movement
between
in fund8
fund8
Al
31.3.25
Al 1.4.23
Unrestricted funds
General fund
757,389
117,1111
114,770
855,048
Restrict8d funds
Reslricled funds
Radslock Fayre
122.834
{B,064}
4,468
1114,7701
122 834
3.596
114.770
4468
TOTAL FUNDS
880.223
20 707>
859.516
A current year 12 months and prior ytrar 12 months combined nel movement in funds, included in Ihe
8bove are as follows..
Incoming
resources
Resourc&s
expended
ThAovemenl
in funds
Unrestrictad funds
General fund
754,573
1771,8841
117,1111
Restrlctod funds
Reslricled funds
Radslock Fayre
5,846
113,9101
12,0231
{8,0641
25.933
TOTAL FUNDS
776 910
797,6171
20 7071
Transfers botween funds
In previous years there w88 a reslricled fund rElating lo the studio developrnenl. The trustees have
reassessed in the reporting period. Given that the studio is let lo raise funds lor the wider charitable
purpose there are no longer re51ri¢tions. As a result the previously restricted fund of £114,770 8131
MarGh 2024 has been moved lo unrestiicled funds.
Page 13
continued...

BATH ARTS WORKSHOP LIMITED
Notes to the Financlal Statom¢nts - Continued
forthe year ended 31 March 2025
MOVEklENT IN FUNDS- continued
Transfers between funds - contlnued
Similarly in Pfevious years the Freehold Property was included in a designated fund within
unreslricled funds. The property is used as the administrative baso for the charity from which il
operates lowards achieving ils charilable objectives wilhoul any restrictions. On this basis the
designated fund is no IDnger reported separately in the financial 8lal6m@nls.
10. REL4TED PARTY DISCLOSURES
There were no relaled party1l8nsaclions for the year ended 31 March 2025.
Page 14

BATH ARTS W¥ORKSHOP LIMITED
Detailed Statement of Financlal Actlvitles
for the year ended 31 March 2025
2025
2024
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
21,033
2,917
26.325
37,550
29,242
Other trading activities
Sundry income
Theatre lax relief
32.395
7,032
87,008
30.329
39.427
97.337
Investment Income
Deposit account interest
1.111
945
Charitable activities
Perfoimance fees
310.548
260,750
Total incoming resources
388,636
388.274
EXPENDITURE
Ralsing donations and legacies
Adminislralion staff fee
12,489
12.471
CttaritoblB activities
Adminislralion staff fee
Soctal security
Pensions
Rates and water
Insurance
Light and heal
Telephone
Postage and 8lalionery
Advertising
Performer fees
Other production fees
Costume and props
Misc runnitw Cogts
Travelling
Ac¢omodalion
Subsislence
Vghicle mainlenanco
Vehick insurance
Sundries
Premises expenses
Freehold property
ImpTovemenls lo property
Carried forward
83,108
2,907
1,998
717
10,889
7,487
1.911
1,070
2.630
195,907
7,736
7.904
2,889
7.819
11.282
3,785
1,488
1,888
604
8,303
9,000
4,698
376,020
91,456
3,782
2,161
705
13,424
8,874
2,122
2,147
5,309
158,143
21,187
13,496
2,051
5,949
4.561
1,435
2,245
1,763
2,634
26,976
9,000
4,697
384,117
This page does not form patt of the slalulory financi81 slalements
Page15

BATH ARTS WORKSHOP LIMITED
Detailed Statement of Flnanclal Actlvltles
for the year ended 31 March 2025
2025
2024
Chayltable actlvlties
Brought fotward
Fixtures and fittings
Motor vehicles
Bank interest
HMRC interest
376,020
314
1,368
602
384,117
419
1,810
556
378,310
386,702
Other
Accountancy
Independent &xaminalion
Bookkeeping
2,923
950
2,251
630
500
6,124
1.130
Support costs
Governance costs
Legal and professional fees
93
298
Total resource8 expended
397 016
400 601
Net expenditure
18,3801
{12.327)
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