## **Trustees’ Annual Report for the period** **From 1[st] January 2024 Period start date** **To 31[st] December 2024 Period end date** ## **Charity name: Wool Village Hall** **Charity registration number: 269727** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide a village hall for the use of**
**the inhabitants of the Parish of Wool in**
**the County of Dorset without**
**distinction of political, religious or**
**other opinions, including use for**
**meetings lectures and classes and for**
**other forms of recreation and leisure-**
**time occupation with the object of**
**improving the conditions of life for the**
**said inhabitants**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Running a village hall, The D’Urberville**
**Centre, in Wool which can be booked for**
**a range of activities.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees provide a village hall for**
**use by the public. The trustees have**
**complied with their duty to have due**
**regard to the commission's public**
**benefit guidance when exercising**
**any powers or duties to which the**
**guidance is relevant**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The charity provides a space for the**
**whole community to use as they see**
**fit. The aim is to provide a safe space**
**for activities that support the health**
**and emotional wellbeing of local**
**residents through classes and social**
**events.**
**The hall is used for a huge range of**
**activities, often run by local people.**
**In usual circumstances the hall is**
**used on a weekly basis by:**
**the drama group, youth club, short**
**mat bowls club, dance classes, yoga**
**classes and Slimming World. One of**
**the most valued weekly bookings is**
**Wool Country Market: a significant**
**event for the elderly population of**
**the village.**
**The hall is frequently used for**
**charity events, parties, christenings,**
**wedding receptions, AGMs, Parish**
**Council meetings, NHS blood donor**
**sessions, small local business**
**meetings and children’s holiday**
**clubs. Wool Community Library and**
**the Parish Clerk’s office are also**
**based at The D’Urberville Centre as**
**is The Purbeck Workshop, a charity**
**providing free art and craft**
**workshops and events to cancer**
**patients, carers and their families.**
**Once a year it is the venue of Wool**
**Carnival and it is used throughout**
**the year for their fund-raising events.**| **Additional information (optional)** You may choose to include further statements where relevant about: **The usage of the hall has almost** |Achievements against
objectives set|Para 1.41|**quadrupled in the last 6 years.**| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|**A grant of £2,000 was secured to**
**install an audio-visual system.**| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Cash at Bank and In Hand on 31st**
**December 2024 was £3,653**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Standing Financial Instructions are that**
**the Bank Balance should normally be**
**held at no less than £5,000.**| |Amount of reserves held|Para 1.22|**The Trustees decided to authorise**
**expenditure to cause the Bank Balance**
**to fall just below £5,000 in order to**
**complete planned maintenance work.**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|**No Deficit of Funds arose during the**
**period.**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**None.**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: **Hiring of the Village Hall to a number of different organisations and individuals.** The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are elected in the AGM**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Wool Village Hall| |---|---| |Other name the charity uses|The D’Urberville Centre| |Registered charity number|269727| |Charity’s principal address|The D’Urberville Centre
Colliers Lane
Wool
Dorset
BH20 6DL| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||David Cornes|Treasurer||| ||Rod Webb|Chairman||| ||Sue Kerr||10.06.2024 onwards|| ||Steve Smith|Secretary||| ||Robin Thorn|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Stephen Joseph Smith **Position (eg Secretary,** Secretary **Chair, etc)** **Date** 20.09.2025 |**The D'Urberville**
**Income and Expenditure Account for the**
2023 Actual
**Income**
£
Hirings
35 545
Grants
1 200
Donations
1 046
Solar Energy
549
38 340
**Expenditure**
Electricity
1 979
Gas
1 742
Water
1 229
Insurance
1 623
Accountancy
758
Caretaking/Cleaning
21 893
Building Maint.
10 962
Cleaning Materials
1 185
OfficeExpenses
1 086
Depreciation
558
43 015
**Surplus /**
**Deficit**
**of Income over Expenditure**
Deficit
/ Surplus
4675
Bank Balance at 31st December 2024|**The D'Urberville**
**Income and Expenditure Account for the**|**The D'Urberville**
**Income and Expenditure Account for the**|**The D'Urberville**|**Centre**
**year ended 31st December 2024**
2024 Actual
Variance Fav/
Adv
£
£
32 767
2 778
2 000
800
12 814
11 768
1 110
561
48 690
10 350
1 361
618
2 359
617
1 013
217
1 705
82
900
142
19 948
1 945
10 429
533
969
216
3 824
2 738
393
165
42 900
115
5790
10235
£11 199| |---|---|---|---|---| |||
2023 Actual
£
35 545
1 200
1 046
549
38 340
1 979
1 742
1 229
1 623
758
21 893
10 962
1 185
1 086
558
43 015
**Expenditure**
4675
December 2024||
2024 Actual
£
32 767
2 000
12 814
1 110
48 690
1 361
2 359
1 013
1 705
900
19 948
10 429
969
3 824
393
42 900
5790| |

Deficit
/ Surplus
Bank Balance at 31st||||| |||||| David Cornes FCMA (Ret'd) |**The D'Urberville Centre**
**Balance Sheet as at 31st December 2024**
**2024**
**Fixed Assets**
£
£
At Cost
5 030
Accumulated Depreciation
3 558
1 472
Net
**Current Assets**
Cash at Bank
11 199
Cash in Hand
175
11 374
**Total Assets**
12 845
**Less Current Liabilities**
Accrued Liabilities
3 069
Net Assets /Liabilities
9 776
**Represented By:**
Accumulated Fiund as at 31st December 2023
Deficit/ Surplus of Income over Expenditure
Accumulated Fund as at 31st December 2024|**2023**
£
£
5 030
3 166
1 864
4 586
63
4 649|**2023**
£
£
5 030
3 166
1 864
4 586
63
4 649| |---|---|---| |||6 513
2 514
3 999| |||3 999
5 790| |||9 789| David Cornes FCMA (Ret'd) Charity reBi5tration number: 269727 Wool Village Hall known as The D'urberville Centre Annual RepDrt and Finan¢ial Ststemènts forthp Year Ended 31 December 2024 Wool Vlllage Hall known as The D'UrbeNille Centre Contents (contlnuedl Trustees, Report Ito2 Independent Examlner's Report ststemènt of FSnanclal Activities Balarfe Sheet Note5 to the Flnonclal 5taternents 6toll Wool Village Hall known as The D'UrbeThllle Centre Trustees. Report The trustees p￿Sentthe annual rep￿ together with the financlal statements ofthe charity forthe year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reportln8 by Charities.. Statemént of Retammènded Practice appllcablè to tharltles preparing their accounts In actordanee wlth thè Flnancial Reportin8 Standard applicable in thÈ UK and RÈpublic or Irèland IFRS 1021 leffettivè lJanuary20191. Objecthiy •thd adh1￿￿$ Obletts undalms To provlde a village hall for the use of the Inhabitant5 of the Parish of Wool in the County of Dorset wf(hout distinction of politital. rèligious or other oplnions, including use foi meetings lectures and classes and for other fom)s of recreatlon and lei5ure-time ot¢upation wtth the oblect of Improving the Conditions of life for the said Inh3bltants. Obleth4 strategles pndurtlvlNes Runnln£ a wllage hall. The D'urbérvillè Centre, It) Wool which can be booked for a ranBe of artNitie5. The trustees provlde a village hall for use by thè publlc. The trustees have complled wlth thelr dutyto have due regard to the commi5sion'5 public benefit guldance when exer¢lsing any powers or dutles to whlch the guldance Is relevant. A¢hi•¥•m•nts and ￿rtOM7￿nc• The Charity provldes a space for the whole ¢ommunity to use as they see fit. The alm is to provld• • safe spac* for artNities that support the heatth and emOtI￿al wèllbèlng of local residents throuBh classe5 and 50clal The hall Is frequentty used for charlty events, partie5, christenlngstr weddlng re(eption5. AGM5, Parf5h Councll meeting5. NHS blood donor sesslons. small local business meetings and children'5 holiday Clubs. Wool Community Ubrary and the Parish aerk's office ire also based at the D'urberwille Certtre as In The Purbec* Workshopi a charity providing free art and craft workshops and events to cancer patient% orers and thelr farnllie5. Once a year tt 15 venu* of Wool Camival and it 15 used throughout the year for their fund-ralslng e￿t$. Flrkw¢lal rewlew The tharity has free reserves of £8,288 as at 31 De￿mber 202412023: £1.7891. The Tru5tee5 wn51der th15 level of reserve5 to be sufficient to deliver tharitable objectives for the nert twelve months. Flee reserve5 are takulated by deducting fixed a¥ets from the unrestrttted land undesiBnatedl ￿serveS held 3t theyear4nd. Cash at Bank and In hand on 31st December 2024 was £11.37412023: £4,649). Standing Flnancial In5trudions ore thatthe Bank Balance should normally be held at no less than f5,C((J. Page I W¢)ol Village Hall known as The D'urbervllle Certre Trustees, Report Icontlnued) Structur•i pwrnan¢• Ind man•pn7•Mt •lgovernlng document Th& charfty Is controlled by Its governlng doeument, a deed of trust and ¢enstltutes an unincorporated tharity- R¢¢n￿tM•ntondgPp¢1￿tment oltrustees Trustees are elected In the AGM. R•f•r•n£èand Admlnlslr•tl¥• O¢t•Ms Charlty Re8iStration Numbor= 259727 Ptlnclpal Office: 3 The Brlars Wool Dorset BH20 6NA Trustee5.' S Smr(h S Kerr lappointed IOJune 20241 D M Corne5 R Webb R Thorn Ire51gnEd 31 Decembw 20241 Independent Exarnlner= Ward Goodman Audlt Services Ltd 4 Cedar Park Ferndown Industiial Estate Wlmbome Dorset BH217SF Th*an . and sl8nÈd on tts behalf by.. S Smlth Trustee Page 2 Wool Willage Hall known as The D'Urber¥llle Centre Independent Examine￿$ Report to the trustees of Wool Village Hall I report to the trustee5 on my exarnination of the accounts of Wool lfilla8e Hall for the year ended 31 December 2024. Re5ponslbllltle5 and ba515 of report A5 the charity trustees of Wool Vlllage Hall you are responsible for the preparation of the accounts in accordance w￿h the requirements of the Charities Act 2011 I'the ACYI. I report in respect of my examinatlon of the Wool Vlllage Hall's accounts carried out under section 145 of the 2011 Art and In carrylng out my examination I have followed all the applicable Dirertion5 given by the Charlty Commlsslon under sectlon 14515llbl of the Act. Independent aamintrfs ststement I have Completed my examination. I confirm that no materlal matters have come to my attention in connection wlth the examination 8ivln8 me cause to believe that in any material re5pecl'. l. accountln8 record5 were not kept in respect of Wool Vllla8e Hall 35 requirèd by sectlon 130 of thèA£L- or 2. the accounts do not accord wlth those records; or 3. the accounts do not compty wlth the accountlnB requirements eoncemlng the form and contert of a¢tounts sèt In the Chadtles (Accounts and Reports) Regulations 2008 other than any requlrement that the accounts 8lve a true and falr VIe￿ whlch Is not a matter considered as part of an Independent exarninatlon. I have no eoncems and have come across no other matters in conneclioft wlth the examination to which attèntion should be drawn In this report in order to enable a proper understsndin8 of the accounts to be reached. TM Mackey Bsc ACA ICAEW Ward Goodman Audit Seryi¢e5 ￿MIted 4 Cedar Park Femdown Industrial Estate Wimbome ogrset BH21 7SF ri..i. Ir) lknl Page 3 Wool Vlllage Hall known as The D'UrbeThille Centre ststement of Financial Artmtles for the Year Ended 31 December 2024 Unrestrl¢ted Restrlcted lunds fvnds Total 2024 Total 2023 N￿tr Income •nd Ekndtwnnentslrom.. Donations and leBacies Othertrading actiwties OthEr inrornE 12.814 33,126 I,iio 14.814 33.126 I,iio 1.046 36,745 549 Totsl income 47.050 49.050 38,34D EKpendltsTe on: Charitable activitle5 140,943 12,0001 142.9431 143,3611 Totsl expenditure 140,943 12,CiKII 142.9431 143.3611 Net Incomellexpendlturel 6,107 6.107 15,0211 Net movement In funds 6,107 6,107 IS,0211 Reconclllth Off￿dS T¢Jtal funds brou8ht forward 3,653 3.6S3 8,674 Tc¢al funds carrled fonmard li 9,760 9,760 3,653 All of the charttvs arti¥￿Ie$ dèrlve from continuinw Dperatlons durlng the above periods. The funds breakdown for 2023 Is shown in note 11. The notes on pa8e$ 6t0 11 forni an inte8ral part of these ff nanclal ststements. Page 4 Wool Vllla8o Hall known as The Dllrber¥llle Centre (ReBlstratlon number: 269n7) Balance Sheet as at 31 Deeemkr 2024 2024 N•t• UM•Jtrf¢t•d R•strtrt•d Flx•d us•ts Tanglble assets 1,472 IA72 Curr•nt ayJ•ts Cash * bank and In hond 11,374 11,374 4,649 •dllOlS.. Amountsf•lllni du• wlthln on• y•ar N•t ¢urr•nt 15s•ts 8.288 1,789 Funds of th• tharlty: Unt•thlrt•d In¢orne UNèStrItt￿ funds 3.653 Tot•1 *￿XIS li The finandal statements on pages 4 to 11 were approved by the trustees, and authorlsed for Issue on ILo4.2S... 18ned on their behalf by.. M £orrJe$ TrustèÈ The notes on pages 6 to 11 forrn in integfal part of thesefln•nd415tatoments. Pa8e 5 Wool Willage Hall known as The D'urbervllle Centre Notes to the Financial Statements for the Year Ended 310ecember 2024 l knounllng polkl*$ St8￿ment of eompliancÈ The financlal statErnents have been prepared In accordance wlth the second edltlon of the Charftles Statement of Rècommended Practlce issued in Ortober 2019, the Financial Reporting Stsndard appllcable In the United KTngdom and Republic of Ireland IFRS 1021 and the Charitles Act 2011. Basls of prnparatlo Wool Vlllage Hall meets the definltlon of a publlc benefft entlty under FRS 102. The accounts lfinanclal statements) havè been prepared tsnder the hI￿orICal cost tonventioft with Items recogn19ed at cost or transaction value unless otherwise stated in the rèlevant notelsl to these attount Golni ¢oncern The trustees consider thatthere are no materlal uncertainties aboutthe charbty's ability to continue as a goin8 concern. Income aTrd endowrnents Voluntsry Income Includln8 donation4 8ift5, legacies and grants that provide core fundlng or are of a general nature is Tecognlsed when the charoty has entitlemert to the income. It Is probable that the Income will be re¢eived and the amount can be measured wtth sufficient reliabilty. Domttonsondleqades Donations and legacles are recog￿Sed on a receivable basi5 when re￿Ipt Is prL*Jable and the amount can be rellably mèasured. 6rorts rÉeelvable Grants are reco8nlsÈd when the charlty has an entitlemert to the funds and any conditions linked to the 8rants have been met. Where performante condStlons are attached to the grant and are yet to be met. the income is recognised as a Ilabilty and included on the balante Sheet as deferred income to be released. Empendlture All expendlture is recognlsed once there Is a legal or ¢onstrurtSve obllgatron to that Expenditure, it is probable 5ètt1ement is required and thè amount can be measured reliably. All costs are allocated to the appllcable eKpendlture heading that a8Bre8ate similar Costs to th* cate80ry. Where cost5 cannot be dlrectly attrlbuted to partlcular headlngs they have been allocated on a basis consistent with the usè of resources, with certral staff cost5 allocated on the basls of time spent, and depreciatlon charges allocated on the portion of the a55eVs use. Other support costs are allocated based on the spread of staff Costs. Page 6 Wool Willage Hall known as The D'urberville Centre Notes to the Flnanc141 Statements for the Year Ended 31 Deeember 2024 Icontlnyed) l A¢¢ountlng pollde$ l¢ontinued) char￿ble expendlture comprises those ¢gsts Incurred by ihe charfty In ihe delivery of lis aCt[￿tIeS and servlces for its beneficiarie5. It indudes both costs that can be allocated dlrectly to such aCtI￿tIeS and those costs otan indirect nature necessary to support them. Go¥emance costs These include the costs attrlbutable to ihe charftvs compliance wf(h constitutional and statutory requlrements, indudin8 audit. strateglt management and trustees meetings and reimbursed expense Taxatlon The ¢harity is exempt from tax on its charitable actlvitles Tanlble tlxed ass•ts Depreciatlon Is estlmated indlvidually for each asset In order to write off each a53et cwel its estlmated vsefvl Depreclation rates In the financial statements vary between IO% and 20% and arè calculated on a stral8ht Ilne tiasls. Trade and other debtors are recognised at the settlement amount due after any trade dlscounts offered. Prepaymerrts ore valued at the amount prepaid net uf any dlscounts due Cash and cash equl¥•lents Cash and cash equlvalents comprlse cash on hand and call deposlts and other short.term hlghly liquid Investments that are readlly convertible to a known amount of cash and are 5ublert to an InsIgn￿icant rfsk of change Sn value. Credltors Credltor5 are recognised Whe￿ the tharity has a present obllgatlon resultin8 from a past event that wlll probabty ressjlt in the trdnsfer of funds to a third party and the amount due to settle the obligatlon can be measured or estlmated reliabty. nd structur• Unrestrlcted income funds are 8eneral fijnds that are 3vallabl• for use at the tnxrtees dlscretlon in furtherance of the oblectlves of the tharty. Restrirted funds can only bè used for particular restrlcted purp05e5 Wtthin the oblects of the tharity. Restrlctions arise when speclfied bythe donor oi when funds are ralsed for particular restrlrted purposes. Page 7 Wool Vlllage Hall known as The D'urbetville Centre Notes to the Flnancial Statements for the Year Ended 31 December 2024 (contlnued) 2 kn¢om• from donatlons and l•8acl•s Unfystrlrted funds G•nernl R•strlrtod funds Totsl Total 2023 Donatlons and leeacles- Donations 12.814 12A14 Grants. Intluding eapital yants: Grants from other ¢harities 12.814 3 In¢omefrom other tradln8 aclivitsos Total lunds Total 2023 Tradln8 Income.. Hlrlngs 33.126 36,745 33,126 36,745 4 Other Incomè Total 2024 Total 2023 Other Income i.iio 549 5 Expenditure on charltable artlTAtI Total 2024 Total 2023 Notè illage Hall Governance c05ts 42,013 930 42.453 42.943 43.361 Page 8 Wool Willage Hall known as The D'urbervllle Centre Notes to the Flnanclal Ststements for the Year Ended 31 December 2024 (continued) 6 Analysls of governance and support costs Total 2024 Totsl Independent examiner's tee 930 908 930 908 7 Tru5tee5 r¢muner4tiM and ¢Mpenses There were nts trustees, remuneratlon or other benetlts for the year ended 31 Oecember 2024 norfor the year ended 31 Decen*Jer 2023. There were no trustees, expenses pald for the year ended 31 De¢ember 2024 nor for the year ended 31 December 2023. Comp•rntlws forth• statemant of flnand41 artlvltks Unre5trlrted fvnds Restrfcted funds rotsl NtX• Income and EThdowmentsfrom.' Donatlon5 and legacies Othertradlng artlvities Other income 36.745 $49 36.745 549 Total Income 38.340 38,340 Expendlture on: Charitable actlwitle5 143,361 143,3611 Total Èxpenélture 143,3611 143,3611 Net expendlture 15.0211 15,0211 Net fflovement in funds 15,0211 15.0211 R•c0nulia￿0n of funds Totsl funds broUghtfO￿ard 8,674 8.674 Total funds carried forward li 3,653 3,653 Pa8e 9 Wool Village Hall known as The D'urbervllle Centre Notes to the Flnanclal Statements for the Year Ended 31 December 2024 {contlnued) 9 TanOble fixed 8ssets Furnltyre and ulpment Totsl At l Jan¢Jary 2024 5,030 5,030 At 31 December 2024 5,030 5.030 Depre¢latlon At l January 2024 Charge for the year 3,166 392 3.166 392 At 31 De￿mber 2024 3,558 3,558 N•t bookvalu• At 31 December 2024 1,472 1,472 At 31 December 2023 1,864 10 Credltors: am+Juntsfalllng due wlthln one year 2024 2021 Accruals and deferred Intome 3,086 2,860 Page 10 Wool Vlllage Hall known as The D'urbervllle Centre Notes to the Flnanclal Statements for the Year Ended 31 December 20241contlnued) 11 FubMIs Balance at I January 2024 In¢omiTrg re50urces Resources expended 8alance at 31 Oec•M￿r2024 Unrwricted funds General Funds 3.653 47.050 140,9431 9,760 ReS￿rted funds Magnox Totsl fvnds 3,653 49.050 142.943 9,760 Balance at I JaNary 2023 Incomlng resources Resources Balanie at31 UTrre#rkt*d fvnds Genernl General Funds 8,674 38,340 143,361 3,653 The specific purposes for which the funds arè to be applied are a5 follows: Magnox- Funds restricted forthe purchase of Sound and Vlslon equlpment 12 Related p4rtytransa¢￿ons There were no related partytransactions for tlte year Ènded 31 December 202 Page 11