Annual Report
2022-2023
THE
www.sharphamtrust.org Sharpham
TRUST

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Retreats & meditations in-person and online
To book, vlsit our website or call 01803 732542

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I"W*llP..
,Iir
www.sharphamtrust.org

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The Coach House
We opened a brand new
retreat venue at the very
beginning of this
financial year
ri
*A-
www.sharphamtrust.org

LEARN MORE: Ivww.sharphamtrust.org/coach-house




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LL4RN MORE: wMv.sharphamtrust.org/coach-house




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Our 40th birthday
Wv Trust celebrated our 40th
birthdayln thi5 reporting year - and
we marked it bybeing compassionate
and giwig awos. 40 retreats to people
of low income.
Celebi'ating
'ecl I.
We sifted 40 Tetreats to pe￿pIe on
low or no intxjmewho've never ￿fore
stsyeA on the Sharpham Estate. It ivas
a timely gift. We were able to support
p￿)ple weathering the Cost of Liiing
Crisis, which began in this. year.
The initiative 40@40 launched in the
rnn-up to World TrIental Health Day
2022, whieh had as its theme. make
mental health and well-being for dll a
global priority.
The 40@40 initiative was on top of
TheTrust'5 exi5tins bursar! scheme.
nded bv dnnation.s. offering
suhidised retreat places everyye2F.
.8aid one reL'ipient of the 40@40
initiative-
i)r
Sharphain
I c(zn hui'dl.¥put iiito ivoiyts huw
cleÉ7)1!igiiitefvll am. It iLY￿Just ivhat
I haLv bEen loiigingfvi'.fvr such a
long time. £i￿rYt1]ing iLYL¢ beyoiid mi
al7￿￿O￿ons. rhe blissJÈil L￿1￿1 and
quiet ujos lieave.nly. No or
IiiachiiigsijlLSt t1￿ sotiiicl (f) ihv iUElId,
p'ciiit (iii<l binl.s. Ilnd ut Iiiyht, tiiv ouilsl
I IL'(7b lon(iinii tu IIE in bcdaild lieor
0￿.151 lli¥ rooFPi ILias b[￿5ftl11Y
con?Icbitable.
An(lob(Ive (Ill. tlie uiarmth, gcnerosity
aiid kindncss oflre17"e47t leadcn'j
Sopli.y aiid Rupert. Th(41 andthe
iuholc C￿￿'￿enCe ￿t()I￿d in.¥fvitli iii
humanity and iii iiieditatioii. Sueh
i￿p￿ing human l)eiiig.q. 'Ihe
coonlinoto?'s we.re ro Ir)uvlJi too.
IfÉ,It Itl'vl sLYn ancl I matter.
AiidJc.IthvnouFEdto sce thc liiinionity
ofothcjrs sh(1￿,d.
T (Yliiiv. ￿￿￿EY IIiitli ci se.nse ofthe
iuhole ethos Of,sha￿hQnl Tnfuscd
in iiiy h￿ng. Idofeelso iieiy, Iieiy
- gratefvl-.

LEARN MORE: www.sharphamtrust.org/our.food

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tonnes
&600
applejui
Ji
L-tlos of
tomlt

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|I<br>a<br>~<br>s|||||
|---|---|---|---|---|
|Total income|||1.584m|1.859In|
|Total expenditure|||1.336m|1.63om|
|Total funds|||8.IIom|8.o7om|
|Voluntary<br>income|(donations)||o.o26m|0.057nl|
|Investment<br>income|||0.125m|0.125m|
|Charity activity income|||1.094nl|1.419m|
|Investment<br>management||costs|o.o26m|0.025m|
|Cost ofcharitable|activities||1.303m|1.591m|
|Governance|||0.010nl|0.009m|
|Governance<br>as %|total expenditure||0.80%|0.59%|



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||||||2023|2023||2022|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|||
||||Note|funds<br>6|funds<br>6|funds|Total funds|Totalfundsf|
|Income and endowments|||||||||
|Donations<br>and legacies|||5|63,990|207,383||271,373|341,303|
|Charitable<br>activities|||6|1,419,188|||1,419,188|1,093,967|
|Other trading<br>activities|||7|43,881|||43,881|23,483|
|Investment<br>income|||8|124,689|||124,689|125,061|
|Total income||||1,651,748|207,383||1,859,131|1,583,814|
|Expenditure|||||||||
|Expenditure<br>on raising funds:|||||||||
|Costs of raising|||||||||
|donations<br>and|||||||||
|legacies|||9|2,440|||2,440|3,371|
|Costs ofother|||||||||
|trading activities||||11,137|||11,137|3,992|
|Investment|||||||||
|management|costs||11|25,028|||25,028|25,567|
|Expenditure<br>on|||||||||
|charitable<br>activities|||12,13|1,413,017|178,009||1,591,026|1,303,181|
|Total expenditure||||1,451,622|178,009||1,629,631|1,336,111|
|Net (losses)/gains|on||||||||
|investments|||15|(269,767)|||(269,767)|264,626|
|Net (expenditure)/income|||||||||
|and net movement||in funds||(69,641)|29,374||(40,267)|512,329|
|Reconciliation<br>of|funds||||||||
|Total funds brought||forward||3,624,225|86,356|4,399,777|8,110,358|7,598,029|
|Total funds carried||forward||3,554,584|115,730|4,399,777|8,070,091|8,110,358|





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||||2023|2022|
|---|---|---|---|---|
|||Note|||
|Fixed assets|||||
|Tangible fixed assets<br>Heritage assets<br>Investments||20<br>21<br>22|4,T53,319<br>90,000<br>4,027,215|4,724,473<br>90,000<br>4,236,070|
||||8,8T0,534|9,050,543|
|Current assets|||||
|Debtors<br>Cash at bank and in%and||23|50,013<br>125,526|4,774<br>223,715|
||||175,539|228,489|
|Creditors: amounts|falling due within one year|24|505,463|683,548|
|Net current liabilities|||329,924|455,059|
|Total assets less current liabilities|||8,540,610|8,595,484|
|Creditors: amounts|falling due after more than one year|25|470,519|485,126|
|Net assets|||8,070,091|8,110,358|
|Funds ofthe charity|||||
|Endowment<br>funds<br>Restricted funds<br>Unrestricted<br>funds|||4,399,777<br>115,730<br>3,554,584|4,399,777<br>86,356<br>3,624,225|
|Total charity funds||28|8,070,091|8,110,358|





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|Company<br>Limited by Guarantee<br>Statement ofCash Flows<br>Year ended 31 March 2023||||
|---|---|---|---|
|||2023|2022|
||||E|
|Cash flows from operating<br>activities||||
|Net (expenditure)/income||(40,267)|512,329|
|Adjustments<br>for:||||
|Depreciation<br>oftangible<br>fixed assets||40,427|29,507|
|Net (losses)/gains<br>on investments||272,837|(264,626)|
|Dividends,<br>interest and rents from investments||(124,646)|(125,061)|
|Other interest receivable<br>and similar income||(43)||
|Interest payable<br>and similar charges||29,357|28,795|
|Loss on disposal oftangible fixed assets||11,775||
|Accrued expenses/(income)||192,182|(153,727)|
|Changes/n:||||
|Trade and other debtors||(859)|3,239|
|Trade and other creditors||(466,328)|347,670|
|Cash generated<br>from operations||(85,565)|378,126|
|Interest<br>paid||(29,357)|(28,795)|
|Interest received||43||
|Net cash (used in)/from<br>operating<br>activities||(114,879)|349,331|
|Cash flows from investing<br>activities||||
|Dividends,<br>interest and rents from investments||124,646|125,061|
|Purchase<br>oftangible assets||(81,048)|(1,888,141)|
|Purchases of other investments||(136,872)|(3,711)|
|Proceeds from sale ofother investments||72,890|541,547|
|Net cash used<br>in investing<br>activities||(20,384)|(1,225,244)|
|Cash flows from financing<br>activities||||
|Proceeds from borrowings||(4,783)|489,913|
|Proceeds from loans from group undertakings||41,857|(19,109)|
|Net cash from financing<br>activities||37,074|470,804|
|Net decrease<br>in cash and cash equivalents||(98,189)|(405,109)|
|Cash and cash equivalents<br>at beginning|ofyear|223,715|828,824|
|Cash and cash equivalents<br>at end ofyear||125,526|223,715|





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|Freehold<br>property|as at 31|March 1997|March 1997|Nil|||
|---|---|---|---|---|---|---|
|Freehold<br>property|(acquired|between|1998-2021)|2% straight|line||
|Freehold<br>property|acquired|since 1 April 2022||Nil|||
|Fixtures and equipment||||15%to 25% straight||line|
|Motor vehicle||||25%straight|line||
|Assets<br>in the course ofconstruction||||None until complete|||



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|Donations|and lega|cies||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
|||||E||
|Donations||||||
|Donations|Central||23,364|24,082|47,446|
|Donations|Estate||181||181|
|Donations|Sharpham|Programme|5,101||5,101|
|Donations|Barn Retreat Centre||491|4,040|4,531|
|From Trading<br>Subsidiary|||34,853||34,853|





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|Ye|ar ended 31 March 2023|ar ended 31 March 2023||||
|---|---|---|---|---|---|
|5.|Donations<br>and legacies<br>fvorrunver0|||||
||||Unrestricted|Restricted|Total Funds|
||||Funds<br>6|Funds<br>6|2023<br>f|
||Grants|||||
||Grants receivable|central||19,922|19,922|
||Grants receivable|house||||
||Grants receivable|estate||17,028|17,028|
||Grants receivable|programme||||
||Grants receivable|Mindful-in-Nature||57,155|57,155|
||Grants receivable|Wild for People||85,156|85,156|
||South Hams DC Covid-1 9support|||||
||National<br>Heritage|Covid-19 support||||
||||63,990|207,383|271,373|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|||||f|6|
||Donations|||||
||Donations<br>Central||1,355||1,355|
||Donations Estate|||5,132|5,132|
||Donations<br>Sharpham<br>Programme||8,310|6,953|15,263|
||Donations<br>Barn Retreat Centre||1,098|3,141|4,239|
||From Trading Subsidiary||19,109||19,109|
||Grants|||||
||Grants receivable|central|941||941|
||Grants receivable|house|6,206||6,206|
||Grants receivable|estate|28,783|123,655|152,438|
||Grants receivable|programme|9,928||9,928|
||Grants receivable|Mindful-in-Nature||18,751|18,751|
||Grants receivable|Wild for People||30,038|30,038|
||South Hams DC Covid-19 support||35,003||35,003|
||National<br>Heritage|Covid-19 support|42,900||42,900|
||||153,633|187,670|341,303|





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|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds<br>f|2023<br>E|Funds<br>E|2022<br>f|
|Rental|income|57,939|57,939|67,013|67,013|
|Other||11,067|11,067|8,393|8,393|
|Sharpham<br>House||101,023|101,023|23,577|23,577|
|Estate||19,420|19,420|25,084|25,084|
|Sharpham<br>Programme||515,434|515,434|508,111|508,111|
|Sharpham<br>Outdoors||94,620|94,620|96,723|96,723|
|Bam Retreat||180,008|160,008|191,202|191,202|
|Coach|House|251,410|251,410|||
|Natural|burials|188,267|188,267|173,515|173,515|
|Other|income|||349|349|
|||1,419,188|1,419,188|1,093,967|1,093,967|



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|Other tr|adin|g a|ctivi|ties|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2023|
||||||||E|E|
|Fundraising|||||||||
|Wedding|venue||hire|||43,881||43,881|
|||||||43,881||43,881|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds<br>E|Funds<br>E|2022<br>f|
|Fundraising||||||746|8,477|9,223|
|Wedding|venue||hire|||14,260||14,260|
|||||||15,006|8,477|23,483|
|Investment||income|||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2023|Funds|2022|
||||||E|f|E|E|
|Rental and property||||income|38,353|38,353|36,926|36,926|
|Income|from|listed investments|||86,293|86,293|88,135|88,135|
|Bank interest|||||43|43|||
||||||124,689|124,689|125,061|125,061|



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|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|2023|Funds|2022|
|||||||f|6|f||
||Costs of raising|||donations|and legacies|||||
||- Donations|||||2,440|2,440|3,371|3,371|
|10.|Costs of|other||trading activities||||||
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2023|
|||||||||6|6|
||Wedding|venue||hire costs|||11,137||11,137|
||||||||11,137||11,137|
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2022|
||||||||||6|
||Wedding<br>venue|||hire costs|||3,992||3,992|
||||||||3,992||3,992|
|11.|Investment||management||costs|||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2023|Funds|2022|
|||||||6||f||
||Investment||management||fees|25,028|25,028|25,567|25,567|
|||||||25,026|25,028|25,567|25,567|





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||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|
||Funds<br>f|Funds<br>f|2023|
|Estate|196,958|7,026|203,984|
|Sharpham<br>Programme|322,522|50,152|372,674|
|Barn Retreat Centre|125,294|5,040|130,334|
|Sharpham<br>Outdoors|62,563||62,563|
|Sharpham<br>House|134,405||134,405|
|Wild For People|2,510|79,788|82,298|
|Coach House|267,306||267,306|
|Burial site management|52,995||52,995|
|Support costs|248,464|36,003|284,467|
||1,413,017|178,009|1,591,026|
||Unrestricted|Restricted|Total Funds|
||Funds<br>f|Funds<br>f|2022<br>f|
|Estate|135,333|137,264|272,597|
|Sharpham<br>Programme|326,499|23,948|350,447|
|Barn Retreat Centre|131,112|1,013|132,125|
|Sharpham<br>Outdoors|56,548||56,548|
|Sharpham<br>House|112,219||112,219|
|Wild For People|16,143|30,038|46,181|
|Coach House|18,856||18,856|
|Burial site management|45,208||45,208|
|Support costs|269,000||269,000|
||1,110,918|192,263|1,303,181|





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|Expenditu|re<br>on charitable acti|vities<br>by activity typ|e|||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken||Total funds|Total fund|
|||directly<br>f.|Support costs<br>f|2023<br>f|2022<br>f|
|Estate||203,984|47,266|251,250|320,060|
|Sharpham|Programme|372,674|85,057|457,731|432,270|
|Bam Retreat Centre||130,334|29,869|160,203|161,091|
|Sharpham|Outdoors|62,563|14,224|76,787|70,179|
|Sharpham|House|134,405|32,715|167,120|143,206|
|Wild For People||82,298|17,921|100,219|62,690|
|Burial site|management|52,995||52,995|45,208|
|Coach House||267,306|57,415|324,721|68,477|
|||1,306,559|284,467|1,591,026|1,303,181|



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|15.|Net (loss|es)/g|ains<br>on i|nvestments|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds<br>f|2023|Funds<br>6|2022<br>F|
||Gains/(losses)||on other investment||||||
||assets||||(269,767)|(269,767)|264,626|264,626|
|16.|Net (expenditure)/income||||||||
||Net (expenditure)/income|||is stated after|charging/(crediting):||||
||||||||2023|2022|
||||||||6|6|
||Depreciation||of tangible fixed assets||||40,427|29,507|
||Loss on|disposal of fixed||assets|||11,775||
|17.|Auditors'|remuneration|||||||
||||||||2023|2022|
||||||||6||
||Fees payable||for the audit ofthe financial statements||||7,900|7,440|



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|Staff cos|ts|||||
|---|---|---|---|---|---|
|The total|staff costs and|employee|benefits for the reporting|period are analysed as|follows:|
|||||2023|2022|
|Wages and salaries||||523,676|450,656|
|Social security costs||||31,700|24,227|
|Employer|contributions|to pension|plans|34,958|24,365|
|||||590,334|499,248|



|The average|head|count ofemployees|count ofemployees|count ofemployees|during|the year was 30(2022:27).The average number|the year was 30(2022:27).The average number|of|
|---|---|---|---|---|---|---|---|---|
|full-time<br>equivalent||employees||during|the year|is analysed as follows:|||
|||||||2023|2022||
|||||||No.|No.||
|Central||||||4||4|
|House||||||5||5|
|Estate||||||3||3|
|Programme||||||3||3|
|Sam Retreat||||||2||2|
|Coach House||||||3|||
|||||||20||17|
|The number|ofemployees||whose remuneration|||for the year fell within the following|bands, were:||
|||||||2023|2022||
|||||||No.|No.||
|860,000 to 669,999||||||1|||





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|All such assets which are not depreciated<br>are subject to an an|nual<br>impairment<br>review.|
|---|---|
||Paintings|
||8|
|Cost or valuation||
|At 1 April 2022 and 31 March 2023|90,000|
|Accumulated<br>depreciation||
|At 1 April 2022 and 31 March 2023||
|Carrying<br>amount||
|At 31 March 2023|90,000|
|At 31 March 2022|90,000|



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|||||Shares|in||
|---|---|---|---|---|---|---|
|||Cash orcash|Listed|group|||
|||equivalents<br>8|investments<br>f|undertakings<br>f||Total|
|Cost or valuation|||||||
|At 1 April|2022|43,244|3,912,782|280,044||4,236,070|
|Additions||136,872|117,825|||254,697|
|Disposals||(140,136)|(50,579)|||(190,715)|
|Fair value|movements||(272,837)|||(272,837)|
|At 31 March 2023||39,980|3,707,191|280,044||4,027,215|
|Impairment|||||||
|At 1 April|2022 and 31 March 2023||||||
|Carrying|amount||||||
|At 31 March 2023||39,980|3,707,191|280,044||4,027,215|
|At 31 March 2022||43,244|3,912,782|280,044||4,236,070|





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|The above carrying<br>amounts<br>are recog|nised as follows:|||||
|---|---|---|---|---|---|
||||Shares|in||
||Cash or cash|Listed|group|||
||equivalents<br>f|investments<br>f|undertakings<br>f||Total<br>F|
|At 31 March 2023||||||
|Held at fair value|39,980|3,707,191|||3,747,171|
|Held at historical cost less impairment|||280,044||280,044|
|At 31 March 2022||||||
|Held at fair value|43,244|3,912,782|||3,956,026|
|Held at historical cost less impairment|||280,044||280,044|



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|Debtors||||
|---|---|---|---|
|||2023|2022<br>f|
|Trade debtors||5,633|4,774|
|Prepayments|and accrued income|44,360||
|||50,013|4,774|





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|Creditors: amounts|falling due within one year|||
|---|---|---|---|
|||2023|2022|
|Bank loans and overdrafts||14,611|4,787|
|Trade creditors||55,501|146,001|
|Amounts<br>owed to group undertakings||50,474|8,617|
|Accruals and deferred|income|369,302|511,784|
|Social security and other taxes||10,922|8,306|
|Other creditors||4,653|4,053|
|||505,463|683,548|
|Creditors: amounts|falling due after more than one year|||
|||2023|2022|
|||6|6|
|Bank loans and overdrafts||470,519|485,126|



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|Deferred income||||
|---|---|---|---|
|||2023<br>f|2022|
|At 1 April 2022||379,044|225,932|
|Amount<br>released|to income|(379,044)|(225,932)|
|Amount<br>deferred|in year|302,108|379,044|
|At 31 March 2023||302,108|379,044|



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|Analysis of|charitable|fund|s|||||
|---|---|---|---|---|---|---|---|
|Unrestricted|funds|||||||
||||At|||Gains and|At|
|||1|April 2022|Income|Expenditure|losses31March2023||
||||E|F|E|||
|General reserves|||3,624,225|1,651,748|(1,451,622)|(269,767)|3,554,584|
||||At|||Gains and|At|
|||1 April 2021||Income|Expenditure|losses 31 March 2022||
||||6|5||||
|General reserves|||3,115,780|1,387,667|(1,143,848)|264,626|3,624,225|





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|||At|||Gains and|At|
|---|---|---|---|---|---|---|
|||1 April 2022<br>6|Income<br>6|Expenditure<br>f|losses 31 March 2023<br>f<br>6||
|Thomas Welch|||||||
|Bursaries Fund||81,104||||81,104|
|Ash Wheeler||106||(106)|||
|Barn Bursary|fund|3,390|4,040|(6,825)||605|
|Mindfulin<br>Nature|||57,155|(57,155)|||
|Wild for People|||85,156|(85,156)|||
|Cycle Path|||||||
|Sharpham<br>Bursaries|||||||
|fund||1,756|24,084|(17,253)||8,587|
|Awards for All-|||||||
|Polytunnel|||||||
|Greenhouse|||||||
|replacement|fund||19,922|(2,988)||16,934|
|Ambios - Transformer|||||||
|grant|||10,000|(1,500)||8,500|
|South Devon|||||||
|AONB/FiPL|||7,026|(7,026)|||
|||86,356|207,383|(178,009)||115,730|
|||At|||Gains and|At|
|||1 April 2021|Income|Expenditure|losses 31 March 2022||
||||||8|8|
|Thomas Welch|||||||
|Bursaries<br>Fund||81,104||||81,104|
|Ash Wheeler||106||||106|
|Bam Bursary|fund|1,262|3,141|(1,013)||3,390|
|Mindfulin<br>Nature|||18,751|(18,751)|||
|Wild for People|||30,038|(30,038)|||
|Cycle Path|||114,000|(114,000)|||
|Sharpham<br>Bursaries|||||||
|fund|||6,953|(5,197)||1,756|
|Awards<br>for All-|||||||
|Polytunnel|||8,964|(8,964)|||
|Greenhouse|||||||
|replacement|fund||14,300|(14,300)|||
|Ambios - Transformer|||||||
|grant|||||||
|South Devon|||||||
|AONB/FiPL|||||||
|||82,472|196,147|(192,263)||86,356|





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|Endowment|funds||||||||
|---|---|---|---|---|---|---|---|---|
|||||At|||Gains and|At|
||||1|April 2022|Income|Expenditure|losses 31|March 2023|
||||||8|8||6|
|Expendable|Endowment||||||||
|Fund||||4,399,777||||4,399,777|
|||||At|||Gains and|At|
||||1|April 2021<br>F|Income<br>5|Expendituref|losses 31 March 2022||
|Expendable|Endowment||||||||
|Fund||||4,399,777||||4,399,777|
|Analysis of|net assets between funds||||||||
||||||Unrestricted|Restricted|Endowment|TotalFunds|
||||||Funds|Funds|Funds|2023|
||||||6|5|F|5|
|Tangible fixed assets|||||2,913,319||1,750,000|4,753,319|
|Heritage assets|||||||90,000|90,000|
|Investments|||||1,386,334|81,104|2,559,777|4,027,215|
|Current assets|||||140,913|34,626||175,539|
|Creditors less than||1|year||(505,463)|||(505,463)|
|Creditors greater than|||1 year||(470,519)|||(470,519)|
|Net assets|||||3,554,584|115,730|4,399,777|8,070,091|
||||||Unrestricted|Restricted|Endowment|Total Funds|
||||||Funds|Funds|Funds|2022|
||||||f|5|f|E|
|Tangible fixed assets|||||2,974,473||1,750,000|4,724,473|
|Heritage assets|||||||90,000|90,000|
|Investments|||||1,595,189|81,104|2,559,777|4,236,070|
|Current assets|||||223,237|5,252||228,489|
|Creditors less than||1|year||(678,761)|||(678,761)|
|Creditors greater than|||1 year||(489,913)|||(489,913)|
|Net assets|||||3,624,225|86,356|4,399,777|8,110,358|





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|Anal|ysis ofchanges<br>in net debt||||
|---|---|---|---|---|
|||||At|
|||At 1 Apr 2022|Cash flows|31INar 2023|
|||||6|
|Cash|at bank and in hand|223,715|(98,189)|125,526|
|Debt|due within one year|(13,404)|(51,681)|(65,085)|
|Debt|due after one year|(485,126)|14,607|(470,519)|
|||(274,815)|(135,263)|(410,078)|



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|The total f<br>as follows:|utur|e<br>minimum<br>lease payments<br>receivable<br>under|non-cancellable<br>operating|leases are|
|---|---|---|---|---|
||||2023|2022|
||||6|5|
|Not later than||1 year|11,100|11,100|
|Later than|1 year and not later than 5years|||49,350|
||||11,100|60,450|



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