FKVEWAYS SCHOOL TRUST TREASURER?S REPORT 3 JULY 2025 TO 12 NOVEMBER 2025 BalanrK 3Ju 25 corF Lloyds TSB 136.19 1505.12 1641.31 Income Interest- COIF 1.69 1643.00 enditure Secretarial Honorarium 200.Iy) £1443.00 Ba18ntts- 12.11. 2025 COIF Lloyds TSB 137.88 1305.12 £1443.IK) Note Value of Charles Stanley Portfolio at 12.11.25 £214,454 (3.7.25 £197,589)
FIVEWAYS SCHOOL TRUSI REPORT AND FJNATr4CIAL STATEMENTS FOR THE YEAR ENDED S APIUL 2025 Chgrlty No: 294893
FIVEWAYS SCHOOL TRUST CONTErirs Page Legg1 and admlnistr#tiYe infornation Report of the Irllstees Ststement of trustees, responsibilitie5 Independent examiDers report Statement of financial activities Bal&nce Sheet Notes forming part of the financial ststements 9-15
FtVEWAYS SCHOOL TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr S Nowokiewicz (Chair) Mr L Summers Mrs P Perry Mr J Ball Ms S Dudley Mrs A Norris Mrs T Richards Mrm Collis Miss M DEre MrDGLong Mr l D Dodds Mr M K Gulliver Mrs J Thomas Charity Iyumber 294893 Charity Address Fiveways School Victoria Road Yeovil Somerset BA215AZ Independent Examiner Lanh8m & Franeis Church Howe Church Streel Yeovil Somerset BA20 IHB Bankers Lloyd% Bank plc 9 High Streei Yeovil soM¢t BA20 IRN CCLA Investment Management Ltd Senator Hous¢ 85 Queen Wicioria Street London BC4V 4ET InYestThent Managers Charles Stanlcy & Co. Limited 2 Westover Road Bournemouth Doryet BHI 2BY F88e I
FIVEWAYS SCHOOL TRUST REPORT OF THE TRUSTEIIS FOR THE YEAR ENDED 5 APiUL 2025 The Trusiees present thcir report along with th¢ fu)ancial statements of the charity for the year ended 5 April 2025. The financial statements ¢omply with the Trust Deed. the Charities Act 2011. and Accounting a1 Reporting by Ch&Tities: Statement of Recommended Practice applicable to cl]arities preparing th¢ir accounts in accordance ivith the Financial Rcporting Standard applicable in the UK and Republic of Ireland-(FRS102) published in October 2019. OBJECTS, AIMS, ORIECTIVES AND PRINCIPAL AcfIviTY Obj¢¢tive The TTrt's objects are to pro]de for the benefit of the children of Fiveways S¢hool, which is a local authority run school for children and young adults ¥vith disabil&ties in the local area. We have coinplied ivith the duty in section 17(5) of the 2011 Chariti¢s Act to have due regard to guidance published by the Charity Commission when revieH'ing our aim and objeciives and in planning our ture aciivities. In particular the Trustees consider how planned activitkes will contribute to the aims and objectives they have set. Slrategic athi and {ended effect Th? aim of the Trust is to raise fvnds through donations and appeals, in order to finance School projects. No strntegic targe15 are sei forthe level of income received, except where a specifi¢ project is identified. Public Beneftt The Ti'ust rais¢5 funds by obtaining donations from variou8 charities and thiUgh appeals lo the genera] publi¢. This income is used to finance School projects. Th¢ Tnjst oNvns freehold property. which is offered for use free of charge to the S¢Fthl. DEVELOPMEFIT, ACTIVITIES AND ACHIEVEMENT During the year. work continued on a project to renovate the areas used by 6th forn] pupils and to improve accessibility. The TTUStees putsu¢d options for raising the balance of fvnds required to complete this project. Th¢ Tw5tees consider that the performance of the Charity this year has beerL satisfactory. FINANCLIL REVIEW AND RESULTS FOR THE YEAR Finnncirtl review The net unrcstri¢ted incoining resources for the year amounted io a deficit of £6,124 (2024 = £12,659) before unrealised g&ins on revduAtion tsf investments of £2,l54 (2024 - £13,440). The net restricted outgoing resources arnounted to £(27,851) (2024 .. £(41.282), Total reserves at 5 April 2025 amounted to £596.225 (2024 £626.885). of which restricted funds amounted to £209,348 {2024 . £237,199). Pa8e 2
FIVEWAYS SCHOOL TRUST RKPORT OF THE TRUS'fEES FOR THE YEAR ENDED 5 APRIL 2025 Prin¢ipalFwidin¥ The principal funding is from investment income. Granis and donations are Sought for specific proj¢cts. Risk Mana2ÉpAent The Trust¢¢s have assessed the major Iisks to which the Charity is exposed. in particular those related to the operations and fiiianr¢s of the Trus¢ and we ar¢ satisfied that systems are in place to mitigate our exposur¢ to the major risks. FUTURE PLANS Airt ftnd key objeetÉv£sforfutweperiodY The Trust will as5i5t iti the financing OF a replacement minibus and fiu1her work required on the 6th forn] buildings. REFERENCE AND ADMINISTRATIVE DETAILS Conslilution The Fiveways School Trust a registered charity is constituted by a Trust Deed dated 18 June 1986, The tharity regÉstration nLmber is 294893. Trusle¢s The TrLLStee5 ivho have s¢rved throughout the year were'.- Mr S Nowak¢ewicz (Chair) .MrM Collis Ms S Dudley (appointed ?0.3.25) Mrs J Thotnas Mr M K Gulliver MrDOLoDg Mr l D Dodds (Treasurer) Mr K Davison (ie5igned 4.6.24) Mr A Holden (resigned 3.6.24) Mr L SumineT5 MTS ANoYris Mrs P P¢try Miss L Thoma5 (resigned 17.11.24) Miss M Dare Mrs T Richards Mr J Bail Principnl Office FivBways Sthool Victoria Road -Yeovil Somer5et BA215AZ
FIVEWAYS SCHOOL TRugr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 202) (CONTINUED) STRUCTURE, GOVERNANCE AND MANAGEMENT Governing doewnellt The Fiveways School Trust a registered charity is constituted by a Trust Deed. Recriiitm4nÉ aNdappoininwnt olTrMslees Appoinlment of Trustees is governed by ihe Trust Deed of the Charity. The Board of Trn5tee5 is authorised to appoint neiv Trustees to fill vacancies arising through resignation or death of an dlisting Trustee. The policy is Ihat new TnEStees will be selected b8sed on the appropriateness of their level of expertise tts that required in the Vac7[ role. On appointing new ThJ51ees, a meeting would be hcld with them to advise them of their respotL4ibilities before their signing a declaration of 8cceptance of appointtnent and willingness to act for tlie Trust. The Trustees make all decisions regarding th¢ operation of ihe TnL%t. Investment Powers Tlie Trust Deed authorises the Trtee$ to make and hold inv¢stsnents usingth¢ general fvnds of the charity. InveSteTht Poliey Tre Trustecs have emplo)'¢d professional stockbrokers to handle the Charity's Portfolio of investments. The Trustees consider the rern on inve5trnent in th¢ year to Ix satisfactory. Reserves Policy Part of the r¢serves of the Trust ¢omprise frc¢h(Trld property. iyhich is offered free of charge foruse by the School. TLie remainder of the reserves Comprise investmeni funds. the income from which is u.%ed io cover the running costs of the TrusL All donations and other funds raised are used to fund School projects. PUBLIC BENEFIT In setting objectiveg and in planning the activities of the SLhool, the Tru51ees have given care1 consideration to the chlty Commigsion's genera] guidance on public benefit. Further detsils on how the Trustees have met diis guidance ar¢ provided in the relevant gections of this reporL This report wos approved by th¢ Trust¢es on ........... . and signed on their behalf. Mr S Nowakiewicz Chair Page 4
FIVEWAYS SCHOOL TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES The TnLSteeE are responsible for pwpaiing Ihe Annulll Report and the Financial Statements in accord8nce Ivith applicable l&iv and United Kingdom Generally Accepted Accounling Practice. Charity law requir the TTUStees to prepare financial steMeftts for each financi81 year which give a true fair view of the State of the affairs of tlie Chariiy and of its financia] activities for that p¢riod togetber with lis assets and liabilities at the end of the period. lii preparing thos¢ Financial statemeftts the Trustees a requitrd (a) select suitable ac£ountiftg policies and apply them wnsistendy) {b) make julgements and estimat&s that are reasonable and prud¢Dt" (c) state whether the policies adopted are in &ccordaT)ce with the appropi.iate SORP on Ac¢ouThtirtg by Chatilic5 alld rh¢ AccouTJting Regulations and with applicable accounting standards, subject to any material departures disdosed and e.¥plained iii the financial ststements, and (d) prepare the financial statements on a going concern basis unle65 it is iJiapprop)iate to asswne that the Charity will continue in operation. The TrLLStees are responsible for keeping proper accounting records which disclose with reasonable ac¢utz¢v at any titne thc financial POSiEion of t Charity and enable them to ensure that the financial statements cornply with ihe applicable Accounting Sthndards and Statements of Re¢ommended Praetice and ihe gUlatiOnS inade under Sl)0 of the Chariiies Act ?01 l. They are Also r&%ponsible for safeguarding the assets of the Charity and hence for Taking re850nable steps for the prevention and detection of fraud and other irregularities. Page 5
FIVEWAYS SCHOOL TRUST Independent Examiuer's Report to Ibe Trustees I report on the accounts of the Tr1 for the year ended 5 April ?025 which are set out on pages 6 to l5. Respective respoDSibilities ofthe trustees and exgminer The Chai'ity's iwstees are responsible for the preparation of the accounts. The ch.]ty's trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 2011 Aet) ond that an independent examination is needed. l am qua]ifTed to und¢itske the examination by being a qualified membEr of The Institute of Chartered Accowitants in Engtand and Wales 2nd &s such l am subjectto its ethi¢al and other professional requirements. It is my respc)nsibiIY to: examine the ac£ounts ut)der Section 145 of tlie 2011 Act.. to folloiy the procedutts laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Acr. and to state whether parti¢ular matt¢r5 have come to my att¢niion. Basis of Iudependent ExamiDer*s Report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accountingre¢ords kept by the charity and a comparison ofthe accounts presented with those iecords. It also iiicludes consider8tioii of any unal lten OT discl0sLeS in the accgunts. and the s¢ekinE of eXpl]aonS from you as Tnjstees concerning any such matter& The procedures undertaken do not provide all the evidence thai would be required in an audit and, ¢onsequently no opinion 15 given &8 to Ivhether the Accounts present a 'irue and fair vie¥Y' and rh¢ repoll is limited to those matters get out in the statem¢nt IKIoiv. Independent Ekaminer's St&tenient In connection with my examination, no matter h&% come to my attention.. (i) wliich gives me reasonable cause to believe thai in aTty material respect. the requ1Ments.. to keep aecounllng records in accorda¢ with section 130 of the 2011 Ac¢ and to prepate accounts vhich accord with the a¢Lounting records and to comply with the accounting requirements of the 2011 Act have not been met. or (2) to which, in my opinion, attention should be drai¥n in order to enable a proper understanding of the accounts to be reached OF LANHAM & FRANCIS CHARTERED ACCOUNfANTS Chuirh House Church Street Yeovil Somersei Date: .. Pgge 6
FIVEWAYS SCHOOL TRUST STATEMENT OF FtNANCTAL AcrtVITIES FOR THE YEAR Ei f4DED 5 ArL 1025 Unrestricted Restricted Funds Funds Totsl Unrestrlcted Restrlcted 05.04.25 Funds Funds Total 05.04.24 Note Voluntary Income Donions and gifts 239 38.000 38.239 Investment income 4,411 4,411 5,155 5,155 TOTAL INCOI 4,650 38.000 42.650 5.155 5,li5 Resources expended ChaTitsble activities 10,774 65,$il 76.625 17,814 41.282 59,096 Total resources expended 10,774 65,851 76,625 17.814 41.282 59,096 Net ineomlDW (outgoing) T0rCeS before other recogntsed gainsl{lo$ses) Realised gainsloosses on Sale of invcstments Unrealised gainsl (loss) OD revaluation of rued asseT inv&8tments Previously unrealised gains (losses} on revaluation of Fixed asset investments (6,124) (27,851) (33,975) (l2,659) (41,282) (53.941) 1.161 (286} (286) 1,161 3.361 3,361 14,534 14,534 (1207) (1.207) (547) (547) flet movement in funds (2,809) (27.851) (30,660) 1.042 (41,282) (40,240) Fund balances brou%ht forward gt 6 April 2024 389,686 237,199 626,885 388,644 278,481 667,125 Fund balallces clrried forward at S April 2025 386,877 J)9,348 596,225 389,686 237,199 626,885 None of the chity's activities ivere acquired or discontinued during the above two financial vears. Pw7
FIVEWAYS SCHOOL TRUST BALANCE SHEET AS AT 5 APRtL 2025 2025 2024 Notes FIXED ASSETS Tangible as5¢t5 tnv¥tmenis 407.390 187,434 419,855 211,356 594.824 631.211 CURRENT ASSETS Short terrn deposits Balance ai bank 2,882 232 1,705 5.551 3.114 cirtlRENf LIABILrrIES Creditors ac¢ruals 3,950 7,440 NET CIJRRENT (LIABILITJES)IASSETS 1.401 (4.326) TOTAL ASSETS LESS CURRENI LIABILITIES 596225 626.885 FUTrIDS Unr¢s(ricted Funds io 386.877 389.686 Re9tricted Funds 209.348 237,199 596.225 626,885 Approved by the Trustees on .... - alld signed on its behalf. Trustee Trustee Pose 8
FIVEWAYS SCHOOL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED S APRIL 2025 ACCOUPUING POLICIES Summary of sigDifi¢alll #ecoumling policies (a) Gener21 iDformalloJ and bAsis of preparation Fivei¥&y5 School Trust is a registered Charity constituied bv a Trust Deed in England. The address of thepriTL¢ip&I office is given in the charity inforniation on page l ofthese financial statements. The nature of the charity'5 operations and principal activlties are to provide for th¢ benefit of th¢ ¢hildren of Fiv¢wavs School which is 8 local authoTity scly)ol for children ond young adults wiih disabilities in the local area. The charity constitutes a public benefit entity as (kfined by FRS 102. Th¢ fin8ncial statements haye been prepared in accordanct ivith AOunting and Reporting by Charities: Statement of Recommended Pr&¢tice applicable to chtieS preparing their accounts in accordanee with the Financial Reporting Starard applicable in the UK and Republic of Ireland issued in OcloEtr 2019: the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS102). the Charities Act 2011. aAd UK Generally Accepkd AccoiirLting Practi The fina11 statements have been Prepared to give a'tr and faie view 8t have departed from the Chaiilie5 (Aceounts and Reports) Regulations 2008 only to tFLe exteni required to provide a'true and fair viev4'. This departure has irbvolved follDlI'ing ihe Accounting and Reporting by Chariiies: Stat¢menr of ReLomineT]ded Practice applicable to charities pieparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 20I9. r&ther than the Accounting and Reptsrtiiig by Charities: Staiemeni of Recommended Praclice cffective from l April 2005 ivhich has since been withdrawn. The financial statements are prepat¢d on a going concem basis under the historical cost conventio modified to include certain items at fair value. The fsnancial statements are presented in sleAing iyhich is the functional ¢UTren¢y of the charity and rounded to the neHrest £1. Tli¢ significant accounliTJg policies applied in the preparation of these financial statements are set out below. The5¢ policies have been ¢on5lStefttly applied to all years presented unl¢s5 oiherwise 5t&ted. Going concern The Trustees have no concerns over the ability to ¢ontinu¢ in operational existeii¢e for the foreseeable future. The TTUStees have constdered the level of funds held and the expected level of income and expe1ltUre for 12 months from auihorising these financial statements. lThe finan¢ial statements h&ve therefore been prepared on a going con¢¢rn basis. Pa£e 9
FIVEWAYS SCHOOL TRUST NOTES TO THE Accoupirs FOR THE YEAR ENDED 5 APRIL 2025 ACCOUNTllllG POLICIES (continued) ij Tangible Fixed Assets for use by the charity 8nd depreci#tLOD T8ngible fixed assets for use bv the charity are stated at CO less deprec2ation. Depreciation is provided on fre¢hold land and buildings using a straight-line basis of 2Q/ll per annuFn. It is the Tnjstees policy to maintain these prc)perties to & high standard and tD Gharge toth¢ statement of fiThanGial activities the cost of maintenan¢e as inGurred. Freehold buildings in the ¢ourse of construction are not depreciated until completed ar)d brought into use by the tharity. The Trustees opinion is this accontIng policy resujts tn the accounts giving a Lrue fair vieiv. INvestments Investmerts ajr recognised initially at fair vu¢ which is normally th¢ trading prico excluding costs. Subsequentl), the). are measured at fair v8lue with cl]ang¢s recognised in net gain(lOSses) on investments in the SOFA if the SheS are publicly traded or their fair v&lue c&n otherwise be measured liably. Value Added Tax Value Added Tax is not rerover&ble by the charity and Is such is included in the Televant costs in th¢ Siatemetjl of Financi&l Activities. Vollllltary income Donations are recognised when r¢ceived. Donations received for the general pury)oses of the charity 8Te credited to unrestricted reserves. Where donaiions are rcceived for a specific putP05e they are ISen to the relevant rc5tricted fund. Resources Expended Liabilities are reco&mised as sootL as theLT is 8 le8al or constrnctive obligation comtnitting the ¢hariiy to the expenditure. All expenditure is aGcounted for on an GrUal basi5 and hay been Classified under headings that aggregate all costs relating to the category.Charitable expenditure comprises those costs itLcwied by the charity inthe delivery of its activilies and seTvices for its beneficiaries. It includes both costs that Can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance Costs This includes cost of secretsriLI honor&rium, independent &xaminer'5 fee and aountancY fees, including VAT Whe applicable. Restrieted Futkds This relates to amounts donated frir S[fiC purposes and is writt¢n off and when it is utilised for the specific purpose intended. Poge 10
FIVEWAYS SCHOOL TRUST P40TES TO THE ACCOUNTS FOR TIIE YRAR Ef4DED S APRIL 2025 1.10 Unrestricted Funds This Telates to amounts received for 8eneral purposes and is utilised for the general running costs of the Charity a5 required. 1.11 Fillancial instrumeDts FRS 102 classifies financial instruments Bs either b&sic financial in5fTuments or other financial instrumenis. The accounung treatment varies according to the cl855ification. Basi¢ financial instnjments are defined as one of the followÈng'. - C2sh - & debt Lnstrumcnt (such accounts receivabl¢ aiid payable) commilnienl to receive a loan that satisfy certain criteria - investments ill non-convertible preference shares, and non-puttable ordinary sh8yes. All other financial instruments are cl&ssed as other financial instruments and treated aecordingiy. The charity only has financial Lssets and liabili1ies of a kind that qualify ¥$ basic fjnanciai instruments. Basic financial Itruments are initially recognised at tran8a¢tion value and subsequently measured at their settlement value. DONATIONS DonaLiDns received during the year tolalled £38,239. £38.000 was received from The Shire in relation lo the si.xth Fom) Complex and an unrestriaed donation of £239 in memoiy of the late Joim Chant. IMTESTJiffKf INCOME 2025 2024 Dividends received from listed invcstments Inte$t receivable on short term cash deposits Other income fiom investments i,884 61 466 4.787 368 4,411 5,ISS Pageii
FIVEWAYS SCHOOL TrUST NOTES TO THE ACCOUNfs FOR THE YEARENDED 5 APRIL 2025 CHARITABLE EXPEl+fDITURE UDTesÉricted RÉstrieted Funds Fullds 2025 Total 2025 2025 Property deprecilrion Sixth Form Complex Administrdlion charges- StockbToker Governan¢e costs 5,877 6,588 59,263 12,465 59,263 2,007 2,890 2.007 2,890 10.774 65,851 76,625 GOVERNANCE COSTS 2025 2024 Independenc examination arAd a¢wuntanGy Se¢rdarial Honorarium 1.790 i.ioo 2,790 900 2,890 3,690 NET MOVEMENT IN FUP4DS FOR THE YEAR 2025 2024 The net movement in funds for the year 15 Stated atier charging.. Depreciation of tangible fixed ets for e by the charity 12.465 l2.464 Amounts payable to the independent examiner Independent Examiners Fee Other accountancy work 828 962 1,290 1,500 Pag¢ 12
FIVEWAYS SCHOOL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025 TANGIBLE FIXED ASSE]3 FOR USE BY THE CHARirY 82 84 Cottage Victoria Exten- Road sion Sixth Sports Form Hall Complex Resource Libr9ry Victoria Road Total COST At 6 April 2024 25,530 126.977 73,990 51,129 160,569 185.072 62J.267 73.990 51,129 160,569 18S.072 623,267 At S April ?025 25.530 126.977 DEPRECIATION Ai 6 April 2024 Charge for year 9,690 511 38,100 2.539 30.340 1,480 15,302 1.023 65,568 44,412 203,41? 3,211 3,70I 12,465 At 5 April 2025 10.201 40.639 31,820 68.779 48.113 215,877 NET BOOK VALUE At 6 April 2024 15,840 88,877 43,650 35,827 95,001 140.660 419.855 At 5 April ?025 86,338 42.170 34,804 91,780 136,959 407.390 INVESTMENTS 2025 2024 Listed Inve5tEnettts- UK Market value at 6 April 2024 Less-. disposa15 at opening book value 211,356 (512301 197,451 (18,488) 159,126 24,480 467 3,361 178.963 18,534 419 13.440 Add-. Acquisitions Dividends re-investcd Net unrealised profirl(Ios5) on revY41uatLOD - Market value at 5 April 2025 187,434 211.356 The historical c05t of listed inv¢stme))ts on 5 April 2025 wa5 154,4(Ki 181.031 CREDITORS: Amounts falling duc within one year 2025 2024 Accruals 3,950 7.440 Page L3
FIVEWAYS SCHOOL TRusr NOTES TO THE Accouf4TS FOR THE YEI AR ETrmED 5 APRIL 2025 io. UNRESTRICTED FUNDS Brought Ineoming Outgoing forward resources resour¢¢s Gainsl (losses) Carried forward General fvnds 389,686 4.650 10,774 3,315 386,877 11. . REsfRicfED IrttNDS BalaD¢e brnught IneomiDg Outgolng foThvArd resource5 resources Balante carried forw&rd D¢p'n Resource Library 82 Victoria Road colg¢S Refurbishmcnt Sixth Fol Complex 15,840 59,080 21.619 140,660 511 1,699 677 3,701 15.329 57.381 20,942 115,696 38.0 59,263 TOTAL 2J7.199 38,0 59.263 6,588 209,348 Purpose of restricted funds Resource Library Built and equipF¢d for ihe benefii of all of the pupils At the School. 82 Victoria Road Purchased to provide a facilily for the older pupils at the school. Cottsges RefurbisnertI 82 and 84 Victoria Road were refurbished to provide a muoh needed and improved facility to the older pupils at ih¢ school. Theextension to 82 and 84 Vicioria Road ivas built tts enable iheincreasing numbers of pupils with complex needs to be part of an exclusivesixth forni. SixiLi Form Complex Psge 14
FIVEWA YS SCHOOL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED i APRJL 2025 12. SUMMARY OF NET ASSETS BY FUNDS Net Current Assets Fixed Assets Invest -ments TOTAL Restricted Funds:. Resource Library 82 Victoria Road Cottage Reknbishments Sixth Foiin Complex 15.329 i7,381 20.942 115,696 20,942 I li,696 Umrestricted Fullds:. General 198.042 187,434 1.701 387.177 407J90 187,434 1,701 59@S2> 13. TRUSTEES AND VOLiif4TEERS No retrjuneration was paid tothe Trustees orvolunteers in the year, norwere thcre any Trustees expenses reimbursed. The charity relies on volunteer4 when required, to help with fundraising activities. During this financial ]Rriod, no volunt¢¢rs were required. The charity has no employees. Pa8e 15
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