Company Re8lstr4tion No. 016863991En8land and Wales) Charlty Reglstratlon No. 289827 Tower Hamlets Community Transport Company Limited by Guarantee Annual Report and Flnancial Statements For the year ended 31 March 2024 Accountability Europe Limited Omnibus Workspace 39-41 North Road London N7 9DP
Tower Hamlets Community Transport Company Limited by Guarantee Trustees, Annual Report Ilncorporating the Dirertor5' Report) Year ended 31 March 2024 The trustees, who are also the dire¢tors for the purposes of company law. present their report and the unaudited flnancial statements of the charlty for the year ended 31 March 2024. Reference and admlnlslfatlv• d•talls: ReB15tered Charlty Name: Tower Hamlets Community Transport Charlty Re8lstratlon Number: 0289827 Company Re81stratlon Nurnber: 01686399 Prlnclp41 Offlc¢ and Reilsternd Offlc•: 25-27 Newell Street Llmehou5e London E14 7HP The Trumeesl Dlrertors for the year: Martin Young lappointed July 20151 Slmon Rouse lappointed December 20221 Kamal Ahmed (Appointed February 20241 Samlr Dahdouh IAppolnted January 20241 Deborah Brady IRes18ned May 20231 Dudley Flynn IResl8ned May 20231 Company S•¢retary: Slmon Rouse Accountsnts: Accountability Europe Limlted Omnlbu5 Workspace 39-41 North Road London N7 90P
Tower Hamlets Community Transport Company Limlted by Guarantee Trustees. Annual Report (Incorporatlng the Directors, Report) Year ended 31 Mar¢h 2024 STRUCWRE, GOVERNANCE AND MANAGEMENT Tower Hamlets Communlty Transport ITHCTI is a company Ilmlted by guarantee and has no share Capltal. Its governing instrument Is It5 Memorandum and Artlcles of Association, The mana8ement of the company Is the responsSblllty of the Trustees They and other rnembers forrn the Management Committee, who are elected and co-opted under the term5 of the Artlcles of Association. The member groups can Include any communlty group operating malnly but not necessarily excluslvely within Tower Hamlets. Each member group has the rl8ht to appolnt one representatlve to attend any general meetln8 and to vote on Its behalf. The Management Commlttee are elected from the body of Group Representatlves and others. They are requlred to complete an appllcatlon form that speclfles whether they are dlrectly a550clated with a THCT member group and ask5 them to speclfy the sk1115 and experlence they are brln8ln8 to the commlttee. THCT acts as a service provlder to 5UPPOrt other Tower Hamlets charltles In achlevSng thelr alms. The board Is able to Co-opt member5 when It consideTS thls necessary. Rlsk Pollcv: In line wlth the requSrements of Charity Commlsslon 8uidance, an InltSal rlsk review has been carried out. The Charlty Is 8olng to work on developing a more cornprehensive exerclse, reflectlng the matters that are considered to pose the most 5erlous potentlal risk5, Durlng the year thè charity has ¢ontlnued to revlew Health and Safety on the slte. Obl•¢tlve$ and Actlvltl•$; The princlpal actlvlty of the Charlty is the provlslon of a communlty transport network 5n the London Borough of Tower Hamlets. When plannlng activities for the year, the Trustees paid re8ards to and have considered the Charlty Commlsslon's 8uldance on public beneflt when deciding actlvltles. From the provlsion of these transport resources THCT seeks to assist charltable and communlty organisations in alleviatSn8 the social deprlvation that exists in the London Borough of Tower Hamlets, thereby improving the conditions for borough residents who have encountered some form of deprivation as a result of economlc factorsi physical or learnlng disability. Publi¢ Benefit: We have referred to the guidance contained In the Charity Commissionsgeneral guidance on public benefit when reviewin8 our aims and objective5 and in plannlng our future 5ervlces. In partlcular the staff and the board of tru5tee5 conslder how our planned seThice5 will contribute furtherto the aims and oblectlves they have set.
Tower Hamlets Community Tran5POrt Company Limited by Guarantee Trustees, Annual Report (Incorporatlng the Directors, Report) Year ended 31 March 2024 Golng Concern- Dlr¢rtors' Statement November 2024 In Mar¢h 2025, the Iwo-year rent-free period allowed for In the premises lease granted by Tower Hamlets Councll will end. THCTwill then be liablefor an inltial rent of £6,000 in this year. rlslng by £l,OCIJ per annum until the lease end in 2038. In this context, at the commencement of the 24125 flnanclal year the THCT trustees have begun to address the major improvements to the Newell Street slte required by the 2023 lease agreement. 8ids for funding of £15,939 have been submitted and agreed by Tower Hamlets Council for the installation of solar panels on the roof of the bullding. Thls work Is now complete and has resulted in a substantlal reductlon In electrfcltv COSt5. Addltlonally, THCT has applled for £IO,O(Kl from the LBTH emergency fund and £6,ILN) has been granted for much needed Improvements to the sites internal and external lightln& which wlll result in lower power consumption on the site. This fund will also pay for floorlng Improvements In the offlces, Other slte overheads cost savin85 have also been Identlfled and implemented. In the short term, to support the slte runnin8 costs and Increase community usage of the bulldin8s faclllties local organisations have been identlfled and are maklng contrlbutions to slte overheads when uslng the workshops and yard space. THCT contlnues to recelve Income from community organlsatlons parkSng thelr mlnlbuses In the secure yard area. ut11121ng the one bu5 that the charity contlnues to own, THCT has a150 provlded a Ilmlted group mlnibus use Se)ce- Durin8 the year ihi5 vehicle has been used by a broad spectrum of communlty orBanlsailons. Loni term plans from M•r¢h 2025 Whllst con51derable pro8ress has been made In Implementlng much needed short-term Improvements to the bulldln8, much work remaln5 to be done to 5e¢ure the substantial funds needed to brlng the bulldlnl up to a standard acceptable for a publlclcommunlty bulldin8 in 2024. Decisionson the future of the exlstlng 8ara8e facllbtle5 on the ground floor also need to be considered. To achieve a vlable Service wlll Involve securing substsntial fundlng, as wlll securln8 the resources needed to obtaln sufflcient hlgh-quality vehlcles to enable THCT to provide the level of servlce that It was providing up to March 2020, In the forthcoming year It is the Intentlon of the trustees to explore all likely sources to secure fundin8 that wlll enable full renovation of the premlse5 and restore the affordable group minibus use servlce that remains a slgniflcant need for the TH communlty or8anisations that THcf has served for decade5. In terms of THCT remaining a goln8 concern, the Trustees are satisfied that with the current levels of monthly Income THCT remains viable. The trustee5 wlll continue to frequently review progress In achlevin8 the charities long-term financial stability.
Tower Hamlets Communlty Transport Company Limited by Guarantee Trustees, Annual Report (Incorporatlng the Dlrectors, Report) Year ended 31 March 2024 STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES The trustees (who are also directors of charitable company for the purposes of company lawl are responslble for preparing the Trustees. annual report and the financial statements in accordance wlth applicable law and Unlted Kingdom Accounting Standards Iunlted Kingdom Generally Accepted Accountin8 Practlcel. Company law requires the trustees to prepare flnancial statements for each financSal year which glve a true and fairview of the State of affairs of the charStable company and of the Incomlng resources and appllcation of resources, Includin8 the income and expenditure, of the char6table company for that period. In preparlng these flnanclal statements, the tru5tee5 are requlred to,. Select 5Ultable accountlng policles and then apply them consistentlv. Observe the methods and prlnciple5 In the Charities SORP. Make lud8emenls and estimate5 that are reasonable and prudent. State whether appllcable UK Accountln8 Standards and statements of rewmmended prartlce have been followed, subject to any material departures dSsc105ed and explalned In the flnanclal statements, Prepare the flnancial statements on the 8olng concern basls unle55 It Is Inapproprlate to presume that the charity will continue in operation. The trustees are responslble for keeping proper accountSng records that dlsc105e wlth reasonable accuracy at any tlme the financSal posltlon of the charltable company and enable them to ensure that the flnancial statement5 comply with the Companles Act 2(K)6. They are also responslble for safeguarding the assets of the charitable company and hence for takSn8 reasonable step5 for the preventlon and detectlon of fraud and other Irregularities, The trustee5 are responslble lor the malntenance and Inte8rlty of the corporate ond flnanclal Informatlon included on the charitable company's webslte. Le8151atlon In the Unlted Klngdom governlnK the preparatlon and dlsseminatlon of flnanelal statements may dlffer from legislatlon In otherjurlsdlctlons. Small Company Provlslons Thls report has been prepared in accordance wlth the provlsions appllcable to companles entltled to the small companles. exemptlon. The trustees, annual Yeport was approved on And slgned on behalf of the board of trustees by.. dorf&mLfffi Qoo Martln Youni: Truste• Slmon Rouse.. Company Secretary
Tower Hamlets Communlty Transport Company Limited by Guarantee Independent Examlnerf5 Report to the Trustees For the year ended 31 March 2024 I report to the trustees on my examination of the account5 of Tower Hamlet5 Community Transport for the vear ended 31 March 2024. RESPONSIBILITIES AND BASIS OF REPORT As the charlvs trustees of the Company land a150 its directors for the purposes of company lawl you are responsible forthe preparatlon of the accounts in accordance with the requirements of the Companles Act 20061'the 2006 ACYI. Havln8 satlsfled myself that the accounts of the Company are not required to be audlted under Port 16 of the 2006 Act and are eligible for Independent examinatlon. I report in respect of my examination of your ¢harity's accounts as carrled out under sectlon 145 of the Charities Act 20111'the 2011 Act'l. In carryin8 out my examlnatlon I have followed the Dlrectlons glven by the Charity Commlsslon under sectlon 145151 {bl of the 2011 Art. INDEPENDENT EXAMINER'S STATEMENT I hive completed my examlnatlon. I conflrm that no matter5 have come to my attentlon In connectlon wlth the examinatlon 8lvlng me cause to believe: l. accountlng records were not kept In respect of the Company as requlred by section 386 of the 2CK$6 Act; or 2. the accounts do not accord wlth those records,, or 3. the accounts do not comply with the a¢¢ountlng requlrements of section 396 of the 2006 Act other than any requlrement that the accounts glve a'true and falr vlew whlch Is not a matter consldered as part of an independent examlnatlon,. or 4. the accounts have not been prepared In accordance wlth the methods and prlnclples of the Statement of Recommended Practlce for accountlng and reportln8 by charltles appllcable to charltles preparlng thelr accounts in accordance with the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021. I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attention should be drawn in this report in order to enable a proper under5tandln8 of the accounts to be reached. Aamer 5hehzad FCA Accountsblllty Europe Ltd Omnibus Workspace 39-41 North Road London N7 90P Date: 3 December 2024
Towar Hamlets Community Transport Company Limited by Guarantee Statement of financlal actlvltSe8 (including Income and expendlture account) For the year endod 31 March 2024 2024 Total Unre8trfcled Restricted Funds Fund8 Funds 2023 Total Funds Unrestricted RoslriGted Funds Funds Note Income from.. Donations and grants Other trading 8cllvitie$ Investment income 49,113 158 49,113 158 40.732 77 40.732 T•tsl In¢om• 49,271 49,271 40,809 40,809 Expandlturo on.. Ch8rftable aclivSlle8 46,134 555,367 55.367 Totsl •¥p•ndlthr• 46.134 46,134 55,367 55.367 Net In¢omg1 {•xpondllur•) for th• year 3,137 3,137 114,5581 114,5581 N•t mov•m•nt In fund• 3.137 3,137 114.558) 114,5581 R•con¢lllatlon of funds.. Total funds brought foNard Totsl fund• c•rrlod lorward 32.645 32.645 47,203 47.203 11 35,782 32,645 32.645 Tho att8Ghed notes fom part ol Ih•s6 flnanclal statoments.
Tower Harnlets Community Transport Company Limited by Guarantee Balance sheet As at 31 March 2024 Company reglstratlon no. 01686399 2024 2024 2023 2023 Note Flxad a88•ts: T8nglbl8 88sels 8,439 8M39 19.870 19,870 Currnnt assets: Debtors Cash at bank and In hand Total Current Assets 8,956 20,307 29,263 23,588 31,906 Ll•bllltl••: Creditor8: amount8 fallln9 du8 wlthin one year 10 16,488 N•t currnnt a•uts l {Ilabl1lll 12.775 Total n•t a•••ts I Ill•bllltl•8) 35,782 32,645 Charlty Funds 11 Restrided fund8 UnrestriGled funds 35,782 32,645 Total fund• 35,782 32,645 For the year endlng 31 Mar¢h 2024 the comp8ny w08 entlued to exempth)n from audll undor $ectk)n 477 of Ihg Companle8 Act 2006 ral8tlng to small compan. No members have roquir8d the company lo obtaln an audit of Ils account8 for Iho year In questlon In &crdene0 wllh secllon 476 of tho Companles Act 2006. The dlrectors acknowledge Ihelr re5ponslbllille8 IOT cOmpln9 wlth th8 requlmi8nl8 of the Companles Act 2006 wllh r68pect lo arKountlng records and preparallon of accounts. Thè financlal $ts18menl8 have bg8n prepared In acGordan¢o with the spgclal provlslons appllcable lo ¢omp8nle8 8ubloCt to the small Gompanies reglme. Approved by the Iruste8s on 25 November 2024 and signed on their behalf by: Martin Young (Tru¥t•¥) Th8 attached notes fomi part of these flnandal 8tatem8nts.
Tower Haml•t$ Community Transport Company Limited by Guarantee Notes to the financial statements For the year ended 31 March 2024 1. A¢counllng polici•# ststhtory Infomiatlon The Charty is a private Company Limilgd by Guarantee. registered In England & Wales and 8 registered charity in England & Wales. The address of the reglstsred offlce18 25-27 Newell Street, Llmehouse, London, E14 7HP. Basls ol preparatlon These fln8ncial slalements h8V8 been propgr8d In accordance with Accounting and Raportlng by Charities.. Stalom8nt of Recommended Practice appllcable lo charilias preparing their accounts In accordanc8 Wrth Ihe Financial Reporting standard 8pplicable in th8 UK and Republlc of Ir8land IFRS 102) - ICharflle$ SORP FRS 1021. the Financ181 Reporting Standard applica8 in the UK and Republlc of Ire18nd {FRS 1021 and the Compani08 Act 2006. Assets and liabilllies are InallY rgcogni58d al hl$Lort¢al cost or Iransactlon value unless otherwi89 Staled In the relevant accounting pollcy or nola. The charlty Is exempted from preperlng cash flow Statement due to adoptlon of tho exempllon aval&ble lo th8 ¢harlll•6 wlth income1888 than £500,000. Publlc boneflt entlty The charltsble comp8ny meets the definltlon of a publlc b8nefil anllty under FRS 102. Golng cOnrn . Olrector8' Statement November 2024 Th8 tru8to08 Gonslder that th8r8 arg no malerlal un¢ertaIn85 about th8 charitable companys abllity to contlnu8 a8 a golng concem. The Iruste88 do not consider that there are any 80urces of oslimalk)n un¢ortainly al the reporting data th81 have 8 slgnlllcanl rf8k of cau$lng 8 material adlustrnent lo the Cang amounts of 8$sels and Ilablli1188 Wrthln Ihg next reporting perkjd. Incom• Income Includod In tha statement of financlal a¢llv11165 when enllllemenl has pa888d to the ¢harfty.' 6t18 probable that the economic benefits a6sociated wlth the tran88cllon whll flow to the charlty and tha amount can bo relbably mea8ur8d. The following spe¢ifk policles are applied to paTNcular categorf¢s of Income.. Income from donalions or grants is recTr3ni3ed wh8n th6r8 is gvidenca of ant11ment to tho glft, recelpls 18 probable and Ils amount can be m888ured roliably. Legacy Income is re¢3nSed when r&celpl is prob8bl6 and entlllem8nl 18 8818bllshg1. Income from donated got1$ Is measured al the falr value of the goods unless Ihls 1$ Impractical to measure reliably. In whl¢h case the v81ue 1$ derlved from the ¢ost lo the donor or Ihe esiimaled r8s8le value can be rellat measurad. No amoun18 are Included for the contributlon of general volunleors. Income from contraGts for th8 supply of Services Is raccvJni8èd with the dellvery of tho contracl8d serwlc8. Th18 58 classified as unrestricted ftjnds unless there Is a contraciual requiwmenl for11 to be spent on a partlcular purpose and relumed11 unspent, in which c88811 may be regarded as reslrfcted. Expendltur• Expenditure 1$ recogn188d on an accruals ba818 as a liability l¥ Incurred. Expendllurg includes any VAT Wh cannot be fully recovered. and is cla88rfied under h8ading8 of the statement of financlal activities to %thich11 relats$.' Expenditure on charrtable actlvttles indude8 all o)sts Incurred by a charfty In under taklng actlvittes that further Its ¢haritsblè aim8 for the bgnefit of 118 beneflclaiies. includlng those supp¢)rt costs and cost$ relating lo thfr govemanG8 of the charlty apportioftod to charflable 8etivities. AII c081s are allocated lo 8XpeThjlte categories ieflecllng the us& of the resource. Dlre¢t costs attributable to 8 sing activity are aliocated directly lo that activlty. Shared c08ts are apportioned between the actéwties th8y contribLrtg lo on a reasonable, jusllfiable and consistent basis.
Tower Hamle18 Communlty Transport Company Limited by Guarant8e Notes to the financlal statements For the year ended 31 March 2024 1. Accountlng pollcl98 (¢ontlnuedl Fund accountlng Restricted fund8 8re to be used for speclfic PUfP08e 8818id down by the donor. Expondltur8, which meets Ih8S8 Cjiterfa. is ch8rgad lo the fund together wlh a fair allocation of m8nagemenl and support costs. Unrestricted funds arè donatk)ns 8nd other incoming resources recelved or Gener8tsd for the ch8rf(8ble pw)oses. D8skJnated funds are unrestn.cted funds eami8rked by the management committee for parts'cular purpos88. Judgamenls and key sources of ••tlmatlon nrtaInty The proparalian of the fln8ncS81 statements requires management to make Judgements. estlmates and a¥sumpllons that affect the amounts rawrted. The88 88tSmates and ludgements are contlnually reviewed and are ba8ed on oxparienca and other faclor8, includlryJ expactstlons of future evonts that are believed to be re8$0n#ble under th ¢ircum8tsnces. Tanglblè a•J•t• JI fixed assets aro Inltl8lly recorded at ¢08t. Deprnclalion r8 cal¢ulatsd 80 a8 to wrlte off the cobl or valuation ol as8ets, 1888 its re8klual value, over the useful •Gonomic lrfe of th088 8888ts as follows: Motor vahkles Fumllure & equlpménl - 25% reduclng balance - 25% reducino balance Umlt•d by gu•rant•• The company Is limited by guaranteo wilhoul share capll81. In the event of Iho charlty bglng wound up, the Ilablllty In re8pecl of th8 guarantee Is limllad lo £1 per mgmber.
Tower Hamlots Community Transport Notes to the financlal slatem•nts For the year ended 31 March 2024 2. Income from donation4 •nd grant• 2024 Total funds 2023 Total fund8 Unrestrlctad Funds Restricted Funds Donation8 3. Income fft)m oth•r Iradln9 actlvlti 2024 Total funds 2023 Totsl funds Unroslrlctad Funds R88trictod Funds V8hicl8 us8g8 income G81n on dlspos81 of vehl¢le8 Self-98neraled In¢om6 11.605 16,683 11.605 16,683 20,825 26,462 14,270 40.732 49,113 4. Inv••kngnt Incom• 2024 Tot•1 fund• 2023 Total fvnd8 Unro8trf¢ted FurKI8 Re8trfcled Fund8 Bank Interest recefvable 158 158 77 10
Tower Hamlets Community Transport Notes to the Ilnanclal statements For the ear ended 31 March 2024 5. Expgndlturg anolysls Charltsbl• support ActlvlthB co•ts 2024 Totsl Charitable Acliviti9$ Support costs 2023 Totsl Vahicl8 malnlenan¢e exp6n88 Gar8g8 parts and con8umabl88 Rale8 8nd water Llghl 8nd heat R8paiT and malntsn8nce Insurance Leg818nd professlonal fee8 Telephone Other offic8 Go¥l8 Miscellangous axpense8 Computer IT and support Member Iralnlng program Subscrtpllon Bank Charges AUntanCY Indendant examinauon fe88 Bad debis Deprec18tlon Loss on dl8posal of flxed asBel8 7,150 91 7,150 91 759 14,002 2,728 4,903 1.462 215 1,462 215 766 4,725 405 709 17.663 2,260 2,468 7.767 3.763 149 332 82 3,600 500 759 14,002 2.728 4.903 40 1,579 2,539 768 4.725 405 709 17,663 2,260 2.468 7,767 3,763 149 332 1.579 2,539 122 3.809 3,809 333 103 3,013 500 349 4,114 333 103 3,013 500 349 4,114 3,800 500 7,924 597 7.924 S97 7,241 38,893 40,134 1,677 53,69) 55,367 Support CO8ts 8110¢8llon 3&893 (38,8931 53,890 {53,6901 Totsl •xpondllur• 48,134 48.134 55,367 55,367
Tower Hamlets Communlty Transport Notes to the flnanclal statements For the year ended 31 March 2024 Net Incomelloxpendlturn) 2024 2023 Thls Is ststed after chargingl Icreditingl: Depreciation of tangiblo fixed Assets Independent gxaminalion fee {8x¢l. 4114 500 7,924 500 An1• of staff costs, trust0• rnmun•ratlon and •xpfjn8•8. and tho Cost of koy managom•nt Por¥onnel 2024 2023 S81aries and wages Soci81 securily costs Employers pension contribullons No omployee eamed more th8n £60,000 dudng the year {2023.' nllll. The lotsl employe8 bengfits incluLling ernployer NIC, p8nskJn conlrfbution8 and redundancy costs of the key management personnel were nlll 12023.. nlll). Doflnod contrlbutlon8 Ponslon planB The 8mount re¢ogni88d In incomè or expendlture as on expgnse relatlon lo deflned conlrlbutSon penslon plans wa$ £nil12023'. £nlll Staff numbgrn The averag8 head count ol èmploye88 durfng the year wa8 nlll12023'. nllll- The average number of fvll-tima egulval8nl employees during the year 1$ analy5ed 86 follow8: 2024 2023 Number of management and 8dmln18tratlve staff Numbar of ¢org servlce 8taff Tru8t•è rornungratlon and oxpon$•8 The charlly truslee8 were not pald or rn¢elved any other ben8fits Irom employment wlh the charhy In the yaar {2023'. nlll- No charlty trustee received payment for professional or othef services supplied lo the Gh2rily12023: nlll 12
Towar Hamlets Communlty Transport Notes to the financial Statements Forthe year ended 31 March 2024 B. Tanglblo Fix•d 101& Motor Vehicles Totsl Cost At 1 Aprll 2023 Disposa15 At 31 March 2024 83.205 140.0001 43,205 83,205 140,0001 43.205 D•preclatlon At 1 April 2023 Charged this pgrvjd Dispos8ls 63,33S 4,114 {32,6831 63.335 4,114 132.6831 At 31 March 2024 Not book valu& At 31 March 2024 8.439 19,870 At 31 March 2023 19,870 Dobtorn 2024 2023 Trade debtors Prepayments and other debtors VAT recoverable 5,480 2.405 455 8,340 3.613 5.343 8,956 10. Ci•dltorn: amount• falllng due wlthln on• y•ar 2024 2023 Trade credltors Soclal security and other taxes AccTua18 and other credltor8 2,786 255 1,522 1,389 15,099 16,488 13
Tower Hamlots Communlty Transport Notes to tho flnanclal statements For the year ended 31 March 2024 11. Mov•m•nt In Fund$ Curr•nt y•ar UnrtrICted Fund• General funds At 1st Aprfl 2023 At 31st March 2024 Incom• Exp•nsos TrAnBfgrs 32,645 32,645 49,271 49.271 46.134 46,134 35,782 At 181 April 2022 A13181 March 2023 PAov•m•nt In Funds Prlor yoar Unrestricl8d Funds Gènèral Funds Income Exwnse8 Transfers 47,203 47.203 40.809 40,809 55,367 32,645 32,645 11 Anaty81• of nat a•uts b•tw•M fund• Unrestrlcted R88tr1cled Funds Fund8 Total Fund• 2024 Curr•nt •r Tanglble flxed a888ts N81 Current as5etS Nel A888ts 8,439 27,343 35,782 8,439 AnalyBlJ of n•t a••et• b•tw••n fund¥ Unre8tdcled Ra8lrfcted Fund8 FundB Total FuTrJs 2023 Prfor y•ar Tangiblg fixed 8880ts Current 8S88ts Nel Assets 32,645 32,645 32.645 13. Relat•d party tran•a¢tlon• Thare are no related paty transa¢llon8 to dS8c108e for the ye•r12023.' non81. 14