REGISTERED COMPANY NUMBER.. 188704 IEngland and Wal8sl REGISTEREO CHARITY NUMBER.. 297633 Re the Truslees Unaudited Financial Ststements forthe Year Ended 31 December 2023 Bud• Haven Re Metherell Gard Ltd Chartered Accountants Burn View Bude Cornwall EX23 86X
8ude Haven Recreatlon Ground Contents of the Financial for the Year End d 31 December 2023 Pzge Report of the Trustees Independent Examinerfs Report ststement of Flnancial Activltles Balance Sheet Notes to the Financial Sla¢ements
Budè Haven R•efvation Ground Bgp_ort of th T %teo for the Year Ended 31 December 2023 The tru5tee5 tho are also d1ctOrS of the charity for the purposes of the Companies Act 2006. pr8s8nt their port wth the financial 51atem8nts tsf Ihe charity for the year ended 31 Dember 2023. The trustees have adopted the promsions of Accounting and Reporting by Charili8s". Statefflent of R8comm6ndèd PraCts. applicable lo charitses preparing their accounts in acurdance with the Finanu RepDrbng Standard 8pplicab18 in the UK and Republic ol Ireland IFRS 1021 lèffective 1 January 20191. The finanaal slalernenls have been pwared in accordan with the accounting policies set out in notes to the accounts and comply wth the tharty's goveming document, the Charities Act 2011 and Accounting and ReportirKJ by Charities.. Statement of Recommended Practi applicable to charities, prepariro their accounts in accordan wth the Financial Repoiting StaThJard applicablè in tt)e UK and Republ of Irelan¢J. lelfective 1st January 20191 OBJECTIVES AND ACTivinES The onginal charter states th8t the mpanY5 airn 15 to prowdè leisure faats1$ for local Peop and holiday ¥i%tors at an affordable pr£. Furthermore. the company has operated a po]w which is fair both in principle and practi. Th8 trustees aim lo achieve this by employing the following strategies.. al Seeking to Pfornote the availability ol the vartOU5 facilitEs provid&l, to members of the public locally and by encouraging rnembtrr5hip ofthe intsjmbent clubs (tennis dub, squash club and tThvls cjubl. bl Ensuriro maintenance. upkeep and where p)ssible upgradin9 of facilits.es is made on a regular basis. The Itustees must efisU the company remains profftable for its own Survial and price increases refiect thi5. However. the buikjing ol a substantial profit ¢s not an obJ"ec*ve. The cornpany'5 a55ets are held to perrnil it to operate successfully in a¢0)rdan with it5 charter. The freehold propety and preffli5e5, its tnajoi asse¢ is in a unique POSTtion where environmental sensitiwty r2lls for very careful management. In setting their rt)lectis and planning thèir activities the trustees have given careful ¢yJnsvJeration to the Charity Commission's gen&r81 guidan on public b8nefiL The have been no rnateri31 thang8s in the urnpanvs polie$ in the past year. ACHIEVEMENT AND PERFORMANCE During the year the Trustees have a¢hVed the main airns and objectivès of the d)arity, by promotsrg the faalitres and aintaining them lo a high stanLlarcl. has led to continued use ol the faalities by local people indivKlually and through rnembership of the dubs and by holiday visitors. FINANCIAL REVIEW Financbal position The companys a¢wunts show a net surplus of£24.697, comparéd to £24.524 in 2022. In(x)ming $oUrS show a increase of £4,326 frorn £115,498 in 2022 to £119,824 in 2023. The o)mpanys principal funding sourta SS the provision ol faalities. The majority ol income recgived is fvotn the prowsion of crazy golf aTh tennrs. Resou$ expended have increased by £4,153 from £90,974 in 2022 to £95,127 in 2023. Al the year end, the total fvjnd balance indwling shar8 capital amounted to £299.928 1£275.231 20221. All furKls arg dEetne(l unStriCte(l. Reserves are rnainty held in the form of fixed assets which are required to meet the ccffipanys objtdves. and cash and bank balan$ which are requir&Y to fvtKI ongoing tnaintenance arKS improvements. The <x)mpany cuiienlly ha5 SUffient liquitj SoUr$ to rneet its current liabilitta5 as they fall due. Page 1
Bud• Havon Recreation Ground of the Trustees rthe Year Ended 31 December 202 FINANCIAL REVIEW ReseTve5 policy The unrestricted fys6tve5 of th8 rA)mP8ny are £299.928 at the year end and 8 substantial part of the re581V8S IS the tangible fixed assets employ by the company for ils charitsble purptsse. The trustees believe that for financi81 stability the available reser Ilhe ret current assets) should be at16ast suffiaent lo Ver costs for a period ol tsvelve rnonths. The costs for 2023 amounted to around £95,000. In addity'on. the trustees also e0nIs8 Ih reserves have lo be set asKle for future refurbishrnent ol the faalities it provKles. The trustees Lli8v8 th8t the reserves need to be built up on a rolling basis to covèr £70,CK)O cost5 ovèr a ten year period. Thereforè in total the Iruslees believe the net current assets should be betrveen £95,0 and £165,0(Kl. The available r95èrves at the year end wert £137,259 which fa115 into this rarge Going con¢ern There zie no fnaterial unrtainty'e3 over goiro cOnrn. STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming Document The charity is a pnv3te company lirnitecj by shares which is wistered in England arid Wale5. Its governing dtxument is its Memorandum arml Articles of Assooalion, as amended on 16th May 1987, when charitsble status was granted. Appolntment of Trustees Trust888 are aFpointed by inmtation from s6rving trustees. Organisation The tK)ard ol tmste8s rneet fornally every months. Matters arising batween meetsrg$ a generally handd by tho chairman or the secretary, with due degate¢l authority, who will report b8th at the nexi meeting. Induction and trdining of n8wtrustee$ Tru5t8e5 are awa ol their 931 obligations under charity 2nd company law. New trustees re1ve a copy ol the rnpanls Memorandum and Afticles of Association. and are made awa ol procedures at trustee meetings, the decision making prosS, and the nt financkgl perfomian¢e ol the charity. In the event ol a new appointment. the cornpany secretary and the chairtnan are jointly tharged with briefing a new trustee on their obligations. Extemal training idenb"fiecl by the ard, which is considered to be useful for the oryng slewardship of the charity. is attended by the trustees whenever ptsssible. Related Partigs There has been no reimbursement of èxpensès or rernuneration lo trustees dunng the period. Tiansactions between the company and the Indpiidual dubs are not conSided to be related party transactions REFERENCE AND ADMINISTRATIVE DETAILS Registered Company numbèr 188704 (England and Wales) Registèrsd Charity number 297633 Registered office Leven Terra Bude Cornwall EX23 8LA Trustees Mrs K E Smeeth A 8ennett resigned 18th January 2024 N E Tucker MASlee K Page Mrs S A Pnngle G Keat N Gleed Ms K Heslop P&Je 2
Bude Haven Re¢atIon Ground R• ort of the Trustees forth8 Year Ended 31 December 2023 REFERENCE AND ADMINISTRATive DETAILS Company Secretary Mrs L Kinsman Independent Examiner Metheiell Gaid Ltd Chartered Accountants Burn View Bude Cornwall EX23 8BX This pOrt has been prepared in accordan wlh the special provisions of Part 15 of the Compan$ Act 2(KJ6 lating to srnall companies. Approved by ordgr of Ihe board of trust88s on............. . and signed on its behalf by.. SAPrirylè- Page 3
Inde endent Examlnerfs Re ort to the Trustees of Budè Haven Recreation Groun I report to the charity trustee5 on my éx8mination of the acmunts of the Company for the y6ar ended 31st December 2023. Responsibilities and basi$ of report As the charity's Irustees of the Cornpany land also ils dir8ciors for the purposes ol company lawl you are responsie for the pparation olthe acwunts in accordan wilh QUIrementS of the Companiès Act 2LX)61'th6 2006 Act'i. Having satisfied myself that Ihe accounts of the Company a not required to be audited under Part 16 of the 2006 Act and ar6 81igible for independent exarnination, l port ITTr respect of ffly examination ol your charity's accounts 8$ Carried tsut under section 145 of the Charrties Act 2011 1'lh8 2011 Act'l In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl ol the 2011 Act. Independenl examlnerfs statement Since My fim) also helps with the bookkeeping for the Company I must be a fflernber of a tx)dy listed in section 145 01 the 2011 Act, which has adoptedl is sufy'ect to the provisions ol the Revised Ethical Standard 2016 issued by the Financial Reporbng Council IFRCI. I confinn that l am qualifièd to undertake the examination because l am a rnember ollhe In5tstule of Charted Accountants in England 8nd Wales. which is one ol the listed bodies. In addition I confitrn in my wew the Company has'informed management. and th8 trustee5 have m3d8 such judgtnents and deosions that are reeded in relatK)n to the presentation and d15closure of infomiabon in the finanual staternents laecountsl èxamined. l am rK)I personally the bcK)kkeepei. and do not report to the bookkeeper. I have completed my examination. I confifrn that ro matters have come to my attention Connectrt with the exarninalion giving me cause io b81ieve= accounting records were not kept in respect of the Company as required by sectson 386 of the 28 Act". or the accounts do not accord with those e0rd$,. or the awunls do not comply with the accounting requiietnents of sectsrm 396 of the 201b Act other than any requirement tral the accounts give a 'true and fair view which is not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordan with the methods and prinapS of the Statement ol Rewmmended PractKe for 8ccounting and reporting by charities lapplicable to charities preparing Ih&ii a¢nts in accordan with the Financial Reporting Standard applicab18 in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other tnattet5 in connecbon with the examinatson lo which attention should b8 drawn in this pDrt in order lo enable a PToper undetslandiro of the accounts tts be reached. Dairid Nigel Cox FCA metheIl Gard Ltd Chartered Accountsnts 8um View Bude Comwall EX23 8BX Date.. Pa4
Bud Haven Re ion Gro ststement of Frnanclal Activities oratin an Income and Ex onditure Aceount for the Year Ended 31 Dècèmber 2023 Inco 2023 Totsl funits 2022 Total fijnds unStricted funds Restricted fund Notes INCOME AND ENDOWMENTS FROM Charltable activities Prowsion of facililEs 111,792 111.792 105,345 Other trading acts"Vits Investment income Other income 80 1,427 6,525 80 1,427 6,525 497 189 9.467 Total 119,824 119.824 115.498 EXPENDITURE ON Charitable activltles Support costs 95.127 9S.127 90,974 NET INCOME 24,697 24.697 24.524 RECONCILIATION OF FUNDS Total lunds brought forward 275.231 27S,231 250.707 TOTAL FUNDS CARRIED FORWARD 299.928 299,928 275,231 The noies form part of Ihe5e financial statements Page 5
Bude Haven Recr8ation Ground isted number: 188704 Balznee Sheet 31 December 2023 2023 Totsl funds 2022 Total fvnds Unrestneted fijnds Restn'cled fund Notes FIXED ASSETS Tangibk sssets 11 162,669 162.669 102,501 CURRENT ASSETS Debtors Cash at bank and in hand 12 13 5.881 142,685 5,881 142.685 14,(KM) 168,623 148,566 148,566 182.623 CREDITORS Amounts fallirKJ due wthin one year 14 111,3071 111,3071 19,8931 NET CURRENT ASSETS 137.259 137,259 172.730 TOTAL ASSETS LESS CURRENT LIABIUTIES 299,928 299,928 275,231 NET ASSETS 299,928 299.928 275.231 FUNDS UnSInGlEd bj18.. General lund Share capital 15 297.428 2.500 272,731 2.500 299.928 275.231 TOTALFUNDS 299,928 275,231 The charitable company is entiled to exempb.on fvom audit undei Section 477 of the CompanEs Act 2006 for the year ended 31 (krnber 2023. The members have not r&quired the company lo obtsin an audit ol its finanaal ststements for the year ended 31 December 2023 in attordance with Sects'on 476 Df the Companies Act 2006. The trustees acknowle¢e their responsibilities f lal ensulln9 that the charitable company keeps accounting records that cornply with Sections 386 and 387 of the Cornpanies Act 2006 and preparing finanaal statements whtch giv8 3 true and fair wew of the state of affairs ol the d)arilable company as al the end of Èach financial year and of its surplus or deficit for each finan87 year in accordance with the requirtrnenis of Secbons 394 2nd 395 and which otherwise cornply with the requirem&nts of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable comp8ny. Ibl These financial ststemenls have been prepa In accordan wth the provisions applicable lo charitable companies subject to the srnall companies regime. The financial statemènts We approved by the Board of Trustees and authorksed for issue L + . & . 2............ and wer8 signed on ils behalfby.. on - Trustee 8 notss form part of these finanual statements Page 6
Bud• Hav•n Recreation Ground to the Fln nclal Slatements forthe Year Endad 31 December 2023 ACCOUNTING POLICIES Basls of pparIng the flnanclal ststements The financial stateFnents of the tharitable company. whth 15 a public benefit 8ntity under FRS 102, have be8n prepared in accordan wilh the Charities SORP IFRS 1021 'Accountiw and ReportirvJ by Charitie5-. Statement of Recornrnended Pracb'ce applicable lo charities preparing their accounts in accordance with the Financial Reportsng Stsndard appli¢able in the UK and Republic of Irdand IFRS 1021 leffeclive 1 January 20191,, Finanrial Reporting Standard 102 'The Finanoal Reporting StandarLI applicable in the UK and Repu1¢ ol Iland, and tr Companies Act 2006, and UK Generally A¢pte(l Accounting Prac11. The finanaal statements are prepawd on a going concern basi5 as Ihe trustees believe that no matorial uncertaintvés 8XlSt. The financial statements are pres8nt8d in sterting which is th8 functional 0JrcY ol the tharity. The significant accounting policies applied in the pparatiOn ol these finanoal statements are set out below. These poliies have been consistenuy applth to all yea[5 presented unless otheise stated. Flnancial reportin9 stsndard 102. duced dtsclosure exemptions The charitable cornpany h35 taken advantsg8 of the followng disclosurg exémptions in preparing these financial statements. as perrnitted by FRS 102 'The Financial Reporbng Stsndard applrable in thè UK and Republic of Ireland,: the reqU1ments ol Section 7 Statementol Cash Flows-, the requirement of paragraph 3.17ldl. Income All incoffling le5ou$ are induded in Ihe Statement of Financial A¢tiwties ISOFAI when the chanty 15 legally enbJed to the incorne after any perfOrnarn condib'ons have been rnet, the aFnount can be measured reliabty and it is probable that the income will be reived. The polic4es adopted for the reg)gnition of income a 85 folbws.. Inrne from charÈtable acbvites is derived from the provision of leisure facilitie5. This is ierA)gnised when those faalities have been used. Included in income from charitable activities are annual subscription5 which are recognised over the peric¥J to which they relate. For subscription peri8 whi¢h a not cn-terrninus w¢lh the finanaal statements, Ihe element of the subs¢xiption which relates to use in the follown9 finala1 year is deferred and carried fotwaid in deferred income. Rantals reteivabla under oporaliffj 1è8sès arè chargèd to thè SOFA on a straight line ba&s over the peritsy ol Ihe18858. Expenditure All expendittre is accovnled for on an accruals basis and has been rjassified under headin95 that aggregate all costs related lo the category. Expenditure is e09n1$ where there is a legal or con51ructiv8 obligation lo make payments to thirrj partEs, It is probable that U)e settlement wll be QuIred and the arnount ol the obligatson can be tneasured reliably. Allo¢atlon and apportionment of Costs Support costs are those that assist the work of thÈ tharity but do not dlrect]y represent charitable acliwts.es and indude office costs. gowernan costs. administrabve and payroll c051s. G0veMan wsts inc1LO thosè involved in the public accountability of the trust and its Complian with regulats.on and goc¥J practi. The trustees believe that there is only one charitable actiwty and supp(xt sts have b88n allocat a5 per the analysis shown in note 6. Tangible fixed assets Tangible fixed asset5 are stated at cost less acajtnulated depreuation and accurnulaled impairment losses. C05t inrjudes costs directly 8ttribut8b18 to making the a55et Capab ol operating as intended. Depreciation i8 provOed on all tangible fixed assets, at rate5 calculatec5 to wrrte off the cA)st, less 8Stimat6d residual value. of each asset on a systematic basis over its exp8Cted useful life as follows." Land and buildings Other tangib fixed assets Nll 10% per annum on cost Assets a not generally capitalised below a value of £150. Pag8 7 ctntinu8d...
Bude Hayon Roergation Ground Notes to th FlrÈan ts- eontinuèd for e Year Ended 31 December 2023 ACCOUNTING POLICIES - ¢ontynued Tangible red assets The policy of the directors is lo maintain Ihe fhOld building5 to a good ytandard of r8pair and so in their opinion nD depreuation is quired as the expected resKlual value of Ihe buildings at the end of their useful life 15 abDve the cafryir¥J value in the acEounts. Taxation The chanty is exempt from corporation tax on its charitabk actwitie5 Fund accountsn9 unstrICted funds can be used in accordancè wilh th8 charitable objectives at the discretion ol the trustees. Employee benefits When employees have rendered servu to the chafity, short-terrn ernOyee benefits lo which the ernployees are entitled are ognISed al the undiscounled amount expected to be paid in exchange for that se1. The charity operates a def5ned contribution plan for the benefit of its employees. Contributions are expensed as they becom8 payable. Debtors and creditors receivable I payable within one year Debtors and creditors with no staled interest rate and retsivable or payable within one year are recorded at transaGb'on pri. Any losses arising from impairment are rac(NJnised in expenditure. Financial Instiuments All financial instruments are recognised inilialty at transaction prth excluding transaction costs and sub5equefjly at amortised cost. These indude cash al bank, debtors 8j rA8diiors OTHER TRADING ACTIVITIES 2023 2022 Sundry receipts 80 497 INVESTMENT INCOME 2023 2022 Deposit account inierest 1.427 189 INCOME FROM CHARITABLE ACTIVITIES 2023 2022 Provision Total activities faolilies Equipment hire Putting Tennis Bowls Squash Table tennis Squash electricity Mini golf Pool Squash club contribution to heating 2,164 4,035 25,627 7,826 4,777 1,316 2,601 61.757 188 1,501 1.633 3,826 20,449 7,363 3,553 820 1.906 65.023 157 61S 111,792 105,345 Pa9e 8 continue(l...
Bude Haven Recreatlon Ground Ntstè5 to the Financial Statements - contin for the Year En 310 r 2023 OTHER INCOME 2023 2022 Kitchen licence income Cowd 19 Grants 6,52S 6,800 2,667 6,525 9,467 CHARITABLE ACTIVITIES COSTS Support C0515 Ise8 note 71 Support costs 95,127 SUPPORT COSTS Human sources Establishtllent Finan Support costs 17,708 1,567 48,918 Maintenan and deprecial'on Governan costs offi TotaLs Support Costs 19.045 6,789 1,100 9S,127 Support cost5, induded in the above, are as follows." Establishmewrt 2Q23 Support Costs 2022 Total activibes Water ratas Insur8nce ght and heat Advertssing General rates 3.310 3.840 10.077 200 281 2,387 3,443 4,826 176 17,708 10.832 Finane• 2023 Support costs 2022 Total actimties Bank charges Card charges 308 1,2S9 320 1,205 1.$67 1,525 Page 9 continued...
Bude Hav•n R•ernation Gro oto2JoLho Flnanclal Statements- continued for the Year End•d 31 December 2023 SUPPORT COSTS- continued Human resources 2023 Support costs 2022 Total tivities Wages P8nsion5 47,880 1,OS8 46.175 1.111 48,918 47,286 Maintenance and depCIatIOn 2023 Support cost5 2022 Total acts"vitEs Ground maintenan maintenan of premises maintenan ofequipment Depreciation ol tangible fixed assets 9,438 7.127 160 2,320 3.539 14.726 2,747 2,597 19,045 23,609 Offi¢e 2023 Support cost5 2022 Total aCtit$ Legal fees Accoullling and Secretarial Tel8phon8 Printing. postage and stationery Sundry expenses 500 4.900 579 141 669 350 4.546 515 289 522 6,789 6,222 Governance costs 2023 Support costs 2022 Total activities Independent examiners, revkw costs 1,100 1,500 NET INCOMEIIEXPENDITUREI Nel incomellexpenditurel Is stated after chargi@Icreditingl.' 2023 2022 Independent 6X8min8TS' review costs Depreuaiion. owned assets 1.100 2,320 1,500 2,597 p10 continued...
Bude Haven Recreauon Ground Note8 to the Financial Stataments- contlnue he Year Ended 31 December 2023 TRUSTEES. REMUNERATION AND BENEFITS There We no trustees, remuneration or other benefits lor th8 year entsd 31 December 2023 nor lor the year ended 31 Oecembw 2022. Tru5tses' expenses There were no trustees. expenses pakl for Ihe year 8nded 31 December 2023 nor for the year ended 31 December2022. 10. STAFF COSTS 2023 2022 W8g8s and salaries Otherpèn5ion costs 47.860 1.05B 48,175 48.918 47.286 The average monthly nurnb8r OfernOyÈttS during the yearwas as follows.. 2023 2022 Head count -exc1jing trustaès Th8r8 are no employees th emoluments above £60.(K)O. 11. TANGIBLE FIXED ASSETS Freehold propety Plant an($ machinery Totals COST At 1 January 2023 Addit40ns 85.145 62.488 48,109 133,254 62,488 At 31 December2023 147,633 48.109 195,742 DEPRECIATION At 1 January 2023 Charge for year 30,7S3 2.320 30.753 2,320 At 31 December 2023 33,073 33,073 NET BOOK VALUE At 31 December 2023 147,633 15.036 162.669 At 31 Decetnber 2022 85,145 17,356 102,501 Indthyed in ¢>)5t of land and buildings is tre8hJld land of £10,0(KJ12022.' £10.rK)rJi. Page11 ntinued...
8 de Haven Re¢atIon Ground es to the Financial Slatemen contlnu•d forthe Year Ende December 2023 12. DEBTORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2023 2022 Debtors VAT Pmpayrn8nts and accrued income 1,878 2,303 1,700 72,421 1,579 S.881 14.000 13. CASH AT BANK AND IN HAND 2023 Total funds 2022 Total fuThJs Cash In hand Bank account 95 day saver account 128 135.070 7,487 76 82.485 86.062 Total 142,685 168,623 Cash at bank and cash in hand Tndudes cash and Short term highly Iiqukl investment5 Wth a short rnalurity. 14. CREDITORS.. AMOUNTS FALLING DUE WITHIM ONE YEAR 2023 2022 Creditors Sotsal securty and other taxes VAT Other creditors Accrua15 and deferd income 4,333 1,098 103 1,056 2,250 5.369 160 5.716 11,307 9,893 15. MOVEMENT IN FVNOS Net movement in funds At 31.12.23 At1.1.23 nStrIcted fundB General fund Share capital 272,731 2,500 24,697 297.428 2,500 275.231 24,697 299,928 TOTAL FUNDS 27S.231 24,697 299,928 Not tnovernent in funds, included in the above are as follow5.' Incorning resources Resour expended Movement in funds Unrestricted funds General fund 119,824 195,1271 24,697 TOTAL FUNDS 119,824 195.1271 24.697 P¥12 continued...
Bude Haven Re¢reatlon Ground Notes to the Flnanelal Stat•ments- continued for thè Year Ended 31 December 2023 15. MOVEMENT IN FUNOS . contlnugd Comparatlves for movement In fttnds Prior year adiustrnent Net movement in funds At 31.12.22 At1.1.22 Unrestricted fund$ General fund Share capital 250,351 2.51J) 12.1441 24.524 272.731 2,500 252,851 12.1441 24.524 275,231 TOTAL FUNDS 252,851 12.1441 24,524 275.231 comparab.va nèt movÈment in fijnds. induded in the atrKJve are a5 folhThs' Incoming resources Resou5 expended Movement in lunds Unre8tri¢¢ed funds Gèneral ftsnd 115.498 190,9741 24.524 rorAL FUNDS 115,498 190,9741 24.524 AulhorF88d shar8 capital has t)een alk)tted, issued aThY paid in frjff. Number Clas5 Norninal Value 2023 2022 2,500 Ordinary £1 2.50D 2,500 16. R£LATED PARTY OISCLOSURES Therg warg no related party transactions for the year ended 31 D9rnber 2023 nor for thtr year ended Decembgr 2022 17. DIRECTORS. AND OFFICERS. LIA81LITY INSURANCE The company has taken our InsVran cover regarding directors. and offir5. liability. The amount paid lor thi ts)var in the year was £24812022. £2231. P¥13