REGISTERED CHARITY NUMBER.. 283591 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 FOR THE PICKET PIECE COMBINED RECREATION HALL Rolhrnans LLP ¢hart¢red Accountants CrLY•m Walk 1 Streel Winchester Hampsni S023 6BB THE PICKET PIECE COMWNED RECREATION HALL CONTENTS OF THE FINANCiAL STATEMENTS lor the Year Enaea 30 Seoember 2025 Report of th? Tnot••• 7 to 3 Ind¢p*hd¢nl Ex•min¢rf• Rcport Stst?m•nt of Financlal Acfjvltles Balance 5h••t ¢a•h Flow Ststement Not•8 to the Cojh Flow St•t•rnent Nots¥ to tho FInanc￿l StsteThnts 9 10 13 talhd Stat•m•ntof Financill A¢￿¥4t1 14 THE PICKET HECE COMBINED RECREATION HALL REPORT OF THE TRUSTEES forthe Year Ended 30 S•pttmber 2025 The trusiee$ present their report wilh the fiTrawal stslements of Ihe d)anty for the year ended 30 September 2025. The trustees have adopted the prowsions of Accountiro and Reporting by Charitie5 Stslemenl of Recommended Practice applicable to ch911knes preparing their accounts in accordarKe wth the Fin¥Ki￿ Repo￿n9 Standard applica￿* in the UK and Republic of Ireland IFRS 1021 (èffective 1 janu￿ 20191. OBJECTIVES AND ACTivmES Objettlves and aTrms Th• primary obi9cbvg of the ¢hanty is to thc prO￿ty frjr u¥e ty Ihe residents ol Pithet Piece. Th¢ purpose of the hall Is to yovide a welcoming. acces%tAe. and lundi¢MI cornrnunity space fry the residents of Picket Piece and surrounding areas. The ¢hanty aims to prcrnote sooal col*sion, support local groups a￿1 txjsinesses, and ellha￿e th8 wellbeing ol the CL￿)mUnIty 1hr￿￿ b* of kul￿.#$ for reueati￿*. &Jucatthal, and othral acts￿tieS. Publlc beneflt The Iru$iees confirm Ihat they have wAth thtyr duty to ha￿ ¢kn regard to the Charity Commission's guidance on public benefit. The chanty'5 actrwlies, parbCuIa￿ thè W￿s1On and ￿aThne￿ UDorade olthe ￿ckel Piece Vi1Lgge Hall. are designed 10 benefit Ihe public by offenng wssitle, Induswe. and safe fats'lrties for community use. The hall supwrts a %Mde range of u$ers. indudir*J th"1th8n. c4der lo￿ businesses. ¢ommunity groups. ACHIEVEMENTS AND PÉftFrn1114NCF V511age Hall Upgradè PrtslKt D¥fing th• r•portin9 Pgriod, Iho Charity modc fvrthcr proyess on thc Pithet Pwe Viflo9e I I￿1 Up9rède ProjeGt, Iranslormab'on Initiatwe 10 modernisrn and expand the hall lo rneel ￿ needs ola rapdly 9rowng cornmunity. A key achievement in Ihe penod was the ¢omrAelKJTr ol the main vths ol Village Hall upgrade project In •arty De￿illLY&1 2024 vlliibli allu￿￿1 Ihe Inllage Hail 10 oe useo cornrnunity again. Ihis al￿ ihè Vill8ge Hall to hokj a Bummer family fvn day for the community lo rneel wth on8 anoih¥r In Juty 2025 to cdebrate thi$ mile$tone for tho Ilage. Key wrt0rMan￿ indicalors lor the yoor indude Community engagement. Tha hall has seen an inueas• In errfJagement thrwgh att•nd)n¢e of ¢xgani8ed community events held at the Mllage Hall. r(41cwr*J Ihe complètion ol Ihe upgrade project. IsIAinAhilty improvements" Th* hall ha$ k•y •nMronrn•nl￿ bgn•fils. induthng b•ng moro onor9y offityornt through the Inslallatson and use of sdar panels and •'r c￿. FINANCIAL REVIEW Flnanc141 P￿[U￿ri During the year. the thanty rec*ved I￿rne from hall rentsls. fundraising events, an(J local authority 9r8nt$. Expen¢JilurÈ was prirnarlly Lllrected towariy operat￿n3$ costs and thè final costs rdaty.ng lo the work for the hall upgrade proieci. The chanty rnainlains a resetves policy lo ensure It can meet its obliqalions and respond to unforéseen events. As ot the latest finanoal year. re5erve5 are bèiNJ dra￿ uwjn to swtK)rt ¢Jperatronal costs to rising energy pnces and ￿dUCed hall ircome. The trustets aim to rebuild reserves ptsst-upgrade Ilyouw increas•d h911 usage and improved energy effirjency. The Trustee5 al each Board meets'ng are ￿￿'elert in dètal ￿ the progress of tle transactions. Ihe current balances. the levels ol reserve5. and any futu￿ liabilites. On thal basis. Ihe Treasurer akns the Tru$teeg to anylhing that might Indicate Ihat the chanty is not likely lo be conwdered a g)Ir%J cor￿. The Trustees ar¢ ¢￿h(Jent ihat the Charity 18 likely to remain solvent and Ihere arè no uncertaintses of Ihis chwty'5 abilty to o)ntinue. Tetal rcatricted lund¥. rel•tin9 to the buildiTh3 woiect t¢taled £089.825 12024. £002.9791 ul uf Ih? ftn*do1 yEar, olbthich £707,962 rela￿S to amounts indudtd ¥￿In assets. Total unrestricted lunds we £691 at the end oftt* fwncial year [2024". negatve of £2,227). Principal funillng $ource8 The charity does not ernploy professional lundraisers. Fwthaising ts cc¥Trthxaed 1hro￿h cornmunity events, grant applications. and direct aoooals. Investment pality xrbtl ahjpr.tivos The charity does not currently hold investsnents. Al fuThJs are f*ld in Stsndard bank acwunts lo ensure liquidity for op•rali¢nal and capital project need-_ Pi*JV 1 THE PICKET PIECE COMBINED RECREATION HALL REPORT OF THÉ TRUSTEES lorthe Year Ended 30 Septeml)er 2025 FINANCIAL REVIEVI Reserves policy The charity maintsins a reserv85 pjlicy ￿ en$￿￿ rt w meet rt5 obligabons ano resp￿0 to unforeseen everns. AS oi ine latest financial year. reserves are being dr8•m upon lo suppNt operabonal costs due 10 rising energy prices and reduced hall income. The trustees airn to rebuild reserves post-uyJrade through Inueased hall usage and improved eneroy efficiency. FUTURE PLANS The primary focus for Ihe ceffiirYJ year is to-. Complete the r8fiJrbishment *wks by surnmer 2027 forthe outSKk 8eabng area and Community garden. ontinue en9agin9 ￿MMu￿ty to en#vr¢ thc up9rodcd hall M¢¢tts It)￿ rsggde. The upgraded hall will better seNe the gro*ir¥J popul￿￿￿. Impro￿ acc8ssit4'lity. and rethxe enwronm¢ntal irnp8Ct through ener9y-efficient systems. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov8mlng do¢um¢nt The charty Is governed by a InJ5t deed. The leoal structure of Ihe charity 15 an unincorporated tnjsl The board of trustees meet regularly lo oversee oper3lK¥lS. ￿Sure CL￿pIlanCe wlh stslutory ob11galion5. and guide slialegic rtirgrtim Thp. IriJ8lee$ Ara wAuntews dravm from communty aNI bn.no a rar¢oe of skius and ¢xF4non¢e lo the charity's work. Rg¢rultm•nt •nd •ppolnlrnent of n•w tru•t¢ Apart from the fir•t ¢harity Iwstccts. ¢v¢ry truGlco must be appoint4d by * r#￿)Ution p¥$$•d at • w0￿rIY conv•n•d rneeling of the ¢harity trustees. In $dectiNJ iThJiwtJJals fry appthntmenl as charity trustees, tM chanty trustees must have ie9ar¢J lo the ski115, knth￿ed9e ￿ experierte needed for lh¢ effethve 8dminislrafrM of ¢harity. New trustees are directed lo the Charity Commission's guidance ￿ Ih¥r rde and (Jubes. and are proMd8d wth a(Jdilional training acceraing 10 ineir need$. The charity's adNrti•s a￿ ddegated tg a management te￿ aloryJ side Ihe fv.ck￿ Pieca Sport5 and SocAal Club io hirè th8 use of the Wl to Ihe local res￿lence. Thè hc*et P￿e Swrts and s￿al Club also organise regular communrty event$ thr￿ghoul Ihe year. Key martagem•nt r￿uneratIOn All Trustees give of their Iiffle Iredy and no Trustee T￿￿￿r8￿.0n was paid in Ihe rep>tiNJ Y￿r. Wld•r n*twgvk The chanty wrrk5 Closely ￿ the P￿et Prt¢• Sports S￿￿81 Club. whi¢h manag8s scffje aspects ol Wl operatlgn$ under a lorrnal agreernenL Klsk managem•ni The trustees have asses￿ the mapr risks to lh• tharity is exptsed. partKJJlarfy in ￿lats"On to.. Fin8noal sustainability during the hall dosure lor relurbishment Project delivery risks le.g. contrad¢r dtlays, cost ￿rrY￿s) Heolth and safety ol hall us¢rs Mitr'gation rnea5ures Incr￿￿. A dctoil¢d project plan wih an 8-monlh closur•wiThYw 2nd ?-mcffjih ctr)bAJency Selection of a single contractor IRV Darti to man*3e all ths Ongoing community engagerneni to maintain supput and usa9e FO)si-VJf8de Insurance and compliance wew5 REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 283591 THE PICKET PIECE COMBINED RECREATION PIALL REPUKT VF THE TRUSTEE5 for the Year Ended 30 September 2025 Printlpal address Picket Piece Village H&1 WaNvorth Road Picket Piece Andover Hampshire SP11 6LY Truat¢¢• Mr S Potter VV FIL Ind•P8ndgnt Examlner Roihmans LLP hdrtered Accountants Crown Walk 1 Jewry Slre•t Winchester Hampshire $023 8BB $•ll¢ltor Barker Son &Ishe￿￿d 32 High Street Andover SPI0 INI 8ank•rn Llovds BAnk 22 High Street Anttover SP10 1NW Sanlander 33 High Slroot Andover SP10 1LJ 2710712026 Approvld Dy ¢xaer oi ¢¥ara or tyustses on............................................. siwed on sts t•hg11 by.. Mr S Potter- Trustee age3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PICKET PIECE COMgINED RECREATION HALL Independent examinerfs report to the trustees of The Pi¢ket Piece Combined Recreation Hall I report lo the charty trustees on rny eXaMinauc￿ of me aCC￿n￿ of The Plcket Piece Cotnbiii¥LI Rvu¥dtithl Hall Ilhe Trusii for Ihe year ended 30 SeptemiEr 2025. Rèyponyibilitles and basi¥ of ￿port As the charity trusiees of the Trust ytyJ are ￿¥rA)n*￿e fcrf the prepwats"¢)n of the accwnts In aco)rdance wilh Ihe requirernenls of the Charities Aei 2011 Ilhe Adl. I rcport in respect of my examin>tion of Ihe Tru$f$ accounts ¢•ffiPrt nijl 11r￿@r SÈtti￿ 145 of Ihe Act and In carrying out my examination I have appIts￿e DIrttts￿ given ty the Chwty Commissicfi Lknder Seth'on 1451Sllbl of the Act. Indepondent ststern•nt I have coM￿led my exwnin*ion. I confimi that ￿ material maiter$ come lo ry att￿tY￿7 in ￿neCti￿ wth the examination giving me cause ￿ Deiieve tn* In any mol¥iwl i¥¥ accountin9 récords we not kepi In resped olthe Trust as rgquired ty sec1"￿ 130 of th8 Act. ¢x the accounts do not axord wth those recuds, the accounts (k) not ccffipty wlh the applitsL4e reQ￿reMentS concerrnng me form aNJ COn￿nI of a¢￿unIS 58t out in Ihe Charrties IAccounts and Report51 Regulab"ons 2CYJ8 other any reqvirement Ihat accounts give true and fair wew which is not a mthr ￿nsidered as wt ol an Indep￿denl examinaton. I have no concems have como auoss Tr) thr matters in C(rne¢￿ knilh the e¥aminaiiw tO￿lth attenbon $htyJld be drown in thi$ r•port in ord•r lo enabl• a prryr iJr¥lpr5t4ndiw ofthe to be reached. Jonathan Poultsr FCA CTA Rothmans LLP Chartered AccL)unlOnts r.rrbwn Walk 1 Jebtrry Stroel Winchè$ier Harnpshirè SO&?3 899 28Juty 2tr26 Date. .................. PBgc 4 THE PICKET PIECE COMBINED RECREATION HALL STATEMENT OP PINANGLAL ACTMTIES forthe Year Ended 30 Swember 2025 25 Totsl fuThls 2024 Total hjnds Unresthct&Y Reslricted fvnd fund Notes INCOME AND ENDOWMENTS FROM Donations and legacie$ 18.233 18.e63 662,564 Charitable a¢tivltl•s Providing recreational fatilitics 12.270 12,270 10.7)3 Totsl 12.7C 18,233 30,933 673,317 EXPENDITURE ON Charitable activitles P￿VidIna retr•a¢iwal facilrtK*S 47 11.387 21,189 13,254 NET INCOME 2.918 9.764 660,Cfj3 RECONCILIATION or FUNDS Tolal lund5 brought forward P,2271 e82.979 690,752 20,689 IUIAL FUNPS CARRIEO FORWARD 689,82S 690.516 680.752 The ￿te5 lorm part ofthese financtal 5t*ements Page S THE PICKET PIECE COMBINED RECREATION HAI I. BALANCE SHEÉT 30 September 2025 2025 Total funds 2024 Toial fund5 Unresthcted Re5tstt*J fund fvnd FIXED ASSETS TangitrAe a55ets 707.962 707.962 385,582 CURRENT ASSETS D¥btore Cash al bank 1.517 13.040 245 000 127,700 2.827 10.213 10,213 14.557 372,7 CREDITORS Amc¥Jnis talling due vmhin one year 10 13,8531 128.3501 132.CX)31 (77.$201 NET CURRENT ASSErs 118.1371 117.4461 295,170 TOTAL ASSETS LESS CURRENT uA81L￿IEs 689.825 69J.516 6eo.752 NET ASSETS 689.825 690,S16 680.752 ruNDS Unieslricted funds R*$tnded funds 12,2271 682.979 689.825 TOTAL FUNDS 09).510 I￿0,752 The finanry81 $￿ements *we approved by Board of Twsw$ and auihorwd for is$u8 . 27107f2026. . .. and V￿re on tts beh4f by". on Mr S Ptsttw- Trustee uen- rusie The noies form pwt of these fin8ncd statements Page 6 THE PICKET PIECE COM81NED REGREATION PIALL CASH FLOW STATEME forthe Year Ended 30 September 202S 2025 2024 Notes Cash Ilows Irom operatfjng activitles Cash generated from operations 219.107 492,593 Nct ¢ash provided by operating athties 219.107 492.593 Cash flows from Inve$tin9 •Ctlvltfjes Purchase of tangible fixed assets 1333.7671 1381,8381 Nel cash used in invesb'ro acb.wbes 1333.767) 1381,8381 Change In u•h and cash •qulvalents in th• r•porting perlod Cash and ¢18h egu6val•nts at tlKI LKTyliiiiliiy vf ilw r¥pvrtlng perlod I114.e￿i 110,755 127,7Q) 10,Y4b Cash ¢asn equivaitnt8 at th• ot th• r•portlng ￿TIod 13.040 127.7tJJ The notes fithi PBrt ofthe5e finanua stsiements Page 7 THE PICKET PIECE COMBINED RECREATION HALL 140TES TO THE GASH FLOW STATeMENT for the Year Ended 30 September 2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net incom8 for the Yeportlng P8Fiod las per the Statemert ol Flnan¢i A￿1vItIes1 Adjustments for: Depreciaiioii Lli¢lly¥S Deueasellincreasel in éebtofs iuecreaseiiincrease In cre¢iic 9.764 660.(￿3 11.387 243.483 14J.J271 1245,0001 77,530 Net Ush provltled by operatlons 219.107 492.593 ANALYSIS OF CHANGES IN NET FUNDS At 1.10.24 Cash now AI 30.9.25 Net cash C4bli dl L*nK 127.7f 1114,6601 13.040 127.70) 1114,6601 13.1)40 To¢•1 127.70) 1114.6601 13.040 The notes fum part of these finan¢ial slaternents Pa9¢ 8 THE PICKET PIECE COMBINED RECREATION HALL NOTES TO THE FINANCLAL STATEMEpirs for tht Ytrar Ended 30 September 2025 AC¢OUNllNG POUCIES 8asi$ of p￿parfng the financial ststsments Ihe Iinanaal slalements of th& charity, %thich is a publr benefrt enbty undef FRS 102, have been prepared in accordance wth the Charibes SORP IFRS 1021 N£counti￿ and Reporting by Charities" Statement of Recommended Prxtice appliCa￿e to charrties ￿paring their acoJunts In accordance wth the Finanual Reporting Standard aDDlicable in Ihe UK and RepU￿1C ol lidand IFRS 1021 leffÈthve 1 January ?01Ql' Finxnrial Reporting Standard 102'The FInana￿ ReKthng Swdard ap￿ICthe in the UK and Republic of Ireland, and the Charrtip.s Art ?n11 Thp. finAnrJ>l Stat￿@￿t4 hav@ ryepared the hIst￿al cost conv•ntion. The pre5entation81 and fi￿0[ cJJrrnncy ts1 th8 dwrty is Pound S¢ethrg. The a¢u)unts a￿ rounded 10 the nearest pound. Thè tNstee5 consider that there ar• no rnateri81 un￿rtaIntieS abyjt the Charitys abrfty to continue as a going Concern and these account$ have been prepafed on a wr¥J ￿n￿n basis. Triwe arv ￿ slgnlflcant luagemerns ￿mICh affecT me amtyJrn$ r¢¢c9n￿o0 In meBe sMemeMs. Income l income 15 recognised in the Slaternent ol Ftrsar¥ial Ath"wlie$ the has entrfemenl lo the funds. it is probable that Ihe income wll be received and t1￿ am￿jnI can be measured reliably Incomè from CharrtaNe Acthirties wises fr*yn lurirg the han I￿al c￿M￿nity, and ir¢om• 18 re¢ogni$ed in the period in *thich the hire takes ￿aCe Oonalad $4Thfj¢0$ ¢¢ laolili•s ar• r•C09n16￿ Iho ehaaty has ttontr￿ ovor lh¢ ilcm. ony wnditions ass0ual￿ wth the donated Ilom havè trtn rnei the recwpt of ec(￿(￿nIC benèfit from thè use gf the tharity of th? Item Is probablt and Ihe eC￿rn￿ benefit be rdiatty. This ptslicy outlines the treaiment and fiThan¢)al man4arnent ol 9￿Mm¥Al and Ctynrnunity grant6 8warded lor the up9f8de of Pickel Villag• Hall. 11 •n$ures erynF4iance accryJnling standards and IransparerKy in the use ol wbli¢ fvnds Government Grants are aewunted in aCcOrda￿e wlh the performance M￿•1 tsf FRS102. *ttich requires Ulat iTh>Jne is recoJnised at the point al ￿1¢h any performance-relaied conditons h8¥t been mel in lull. Expendltu Liabilities aré rteognised as expenditure as w as there is a legal or constnJctrve 0￿19all1)n cornrnittirs the charity lo th¥t •¥P9nditur•, it IB probabl• that ¥ tr8n6fèr of oconomic bonofilo VAII b¢ r¢qyircd In g¢ttkm¢nt ond the amount ol the 0￿19all¢n can be measured rdiat4y. ExFendrture Is accounted for on an accruals basis and has been clasgfied vryler head1r￿ that aggregate 811 cost rdated 10 the category. Where costs cannot be direcity attnbuied io pa￿1)￿￿ headings th*y hove alLK8ted to ac*w*"es on a ba&s consist¥nt with the use of reJcurce¥ During the oJrrent an(J pertod. 41 ¢xFendrtu￿ ty the Chanty has rdatelional laciliti•s 13.2S4 13.254 NET IN¢OMEIIEXPENDITURei 12.4841 e62.547 680.063 RECONCILIATION OF FUNDS Total furid$ brought for%￿rd 257 20.432 20.e89 TOTAL FUNDS CARRIED FORWARD 12.2271 682,979 680,752 TANGIBLE FIXED ASSETS Short leasehold ImpYovemÈnt COST Al 1 Octotsef 2024 Additions 385.S82 333.767 At 30 September 2025 719.349 DEPRECIATION Charge for year 11.387 NET BOOK VALUE Al JO rtptember 2025 lu1,￿52 AI 30 Septefflber 2024 385,582 Pa9c 11 ¢￿tinUed... THE PICKET PIECE COM81NED RECREATION HALL NOTES TO THE FIWINCIAL sTA￿￿ENTs. continued for thè Year Ended 30 Septernbèr 2025 TANGIBLE FIXED ASSETS- contynued The tharty has nght to use the Hau kn F•Wurtity. The W is not induded wthin fixed assets. as there is cost. DEBTORS.. AMOUNTS FALUNG DUE W￿H1N I￿E YEAR 2025 2024 Tradp debtors Other debtors Prepayments and avxueLI ir¢ts))e 1.432 85 245.( 10. CReDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2025 2024 Other creditors Acuuals dèlèffed income 1,153 30,850 77.S30 32,Q)3 77.530 11. MOVEMENT IN FUNDS Net movement At Xl.9.25 1.10.24 Unre8trlct•d I￿￿￿• General lun 12.2271 2.918 RMtrl¢ted fund¥ Building fvnd 682.079 889,825 TOTAL FUNDS 680.752 9.764 8W,516 Nel moverneni in l￿d$, I￿uded in th8 above are a3 folltyw4: Inc(￿1￿j Re$ourc#s •x￿n￿o￿ Movement In fund Unmtrictsd fur￿¥ General fund 12.7C(I 19,7821 2.916 Re$trlctsd lunds ￿￿'1￿1n9 fvnd 18,233 111,3871 TOTAL FUNDS 121.1691 9,784 Paoe 12 continued... THE PICKET PIECE COAIBINED RECREATION HALL NOTES TO THE FINANCJAL 8TATEMENTS- Continucd forthe Year Ended 30 September 2025 11. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Nel movement At Unrwtri¢t•d fund• General fund 257 12.4841 12.2271 Re$trl¢ted funds Buiioing luna 20,432 .547 082.979 TOTAL FUNDS W,C63 680,752 Comparative nèt rn¢)vorn•nt in fw*Js. wK4uded in the ab¢y4e are as trJlM.' Irmnw¥J Resources Movement In funds Unr¢$trlcted lunds Gener31 lund 10,770 113.2541 12,4841 R¢•trl¢tsd fund• Puilding lunol 2,547 662,547 TOTAL FUNDS 673.317 113,2541 660.063 Th• buildirvJ is reslrictsd to Capit￿ %4ths to upgrade the bJilding. CAPITAL COMMITMENTS 12. As al 30 September 2025 the ¢h)nty has no Ca￿la1 Commitments. 12024 The chanty was committed to further expenaiture 01 £322.05 I In resFQa Of Lne r￿¥￿10n oi nail. noi been prO￿le￿ ror In ihesfj financial $tslemenls.1 13. RELATED PARTY DISCLOSURES There were no related party transacbcns for Ihe year ended 30 S8pt8mber 202S. 12024 Non81. Payc 13 THE PICKET PIECE COMBINED RECREATION HALL DETAILED STATEMENT OF ANAMCIAL ACTP4tTIES for the Year Ended 30 Sept8mb8f 2025 2025 2024 INCOME AND ENDOWMENTS Donation5 and Itgacles Granls & Donaliws 18,663 662,564 Charltable actlvltles RÉnts received 12.270 10,753 Totsl IncomSng r•source¥ 30,933 673,317 EXPENDITURE Charltable actlvS11•8 ates ana waier Insurance Telephone 410 235 3.510 565 779 416 4,148 Eleclncity SubscriDlions ShcKt leasehdd 6.098 11.387 18.139 10,7S4 Support co•ts Flnance Banx charges Governan¢• ¢oits Accountancy and IW fees 2.500 Tot81 resourchs expended 21,169 13,254 Net In¢ome 9.7e4 80.(￿3 This page Ik)es rK)t fom) pwt of the *bJtory fina￿￿ ststements Paoe 14