Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 REGIsfERED CHA NUMBEK. 298597 REPORT OF ThE TRusf£ES AND UNAUDITED FINANCIAL STATEMEr(rs FOR THE YEAR ENDED 31 0MBER 2023 FOR THE SIR GEOFFREY TODD TRUST Lew Brownlee IChiclLe*r) rnited Grange House GTrnge Road Midhurst West Sussex GU29 9
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTOI)D TRusr CONTENTS OF THE FINANCIAL STATEME1$ FOR THE YEAR ENDED 31 DECEMBER 2023 Page I to 4 Independert Examiner'$ Statement of Financial Activities Balance Sheet Notes to the nanCIal Statements 8 to 12 D&ailed St*ement of Fimncial Activitles 13
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREY TODD TRUST REPORT OF TheTRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees pr&nt their rewt with the financial statemerlts of the tharity for the year ended 31 D71 2023.ThÈ Tnjstees have adopted the provi5vJns of Accounting 3nd Repcrftlng by Chanb"es'. StatemÈnt of RectsmrndÈ Practice applicable to thare5 prepar5ng their accounts in acc0ndan wth the Finanoal Rewrting siandard appltable In the UK and Rwblic of Ireland {FKS 1021 (effective l January 20191. OBJEcrniES AND AcnvrtlES Objectives and aims The Trust was founded in memory of the late Sir G&ffrey Todd, Medical Suw1ndent of King Edward Vl1 HtI, Mldhurst from 1935 to 1970. Its purpose Is to provide finarrial SUprt to apants INing in Nidhur and the surrounding area, who require medScal treatment or equipTht for mediol COndons, whkh may not te easlly through the NHS or Soial kne5, and whKh otherwise may not be rlty affordable. The frusiees continue to i well aware of the continuing problern of rnentsl heath difficulties, of vawng severfty, ex. by a significant numbu of Sthoolchlldr natlonally and in this area. We have continuej to act pOstiVe to FoIK&ions for grants from local sthLX)Is for profesgonal help that may not othawi5e be affordable. In colkib¢rdtion 1th the Wiliam Heathw Wll Trux and with the help of a generous grant from The Friends of mIdh[st Communty Hosplt, the Trustees have contentrat&l on pardcular ne1. h0[RfvI for Ihe Lasting IRnefft of nHny youngsters in our communty. Publlc benefft The TNstEe5 have paid due reganl to gUlthn by the Charlty COMMISOn on public benefit and decpje ¥vhat activities the Trust stuj undertake as a rlL ACHIEVEMENT AND PERFORMANCE Charltable artivitiès Along with the William Heather Wlll TrusL the Trust has continu8J to gJFVOrt the vtsl work of two of the counsellors currenity ernpl¢>yal at our excdknt local Sndary school, Midhur# Rother Co$. The counselk)rs are helping a 59nificant proOn of the students every year, and we knw that thè Trusts contlnulng finaal assistance is greay appredated. The Tnjstees have continued in their efforts to provide sgnifojnt grants to several Primary SchcKJls In the Rother Valley group of schoo6s. We have cOnnU8 our longthnding sUPWrt through fimding of thè h)htY valutsj family SJPrt worker at Fernhurst and Camelsdale Primary khwls, and have also provided funding for a play therapist at Fernhurst nanaal sukyort was akn provided for WIfOnal play therdpi5ts at the Primary Scho)Is of and St James, Cokjwaltham. Play therapy, we have l&rned, can be inwdluatAe in heltyng to alleviate the nEntsl heah difficulties of particularty young thifvjren, whose [0bnS may have teen direthy or indirecuy affd Lry the Covld pandÈm. Grants h1 also been prOrn to Amber, H)Ilymmbe and Midhur Primary Schc()Is but these were evenbjaI not tsken up. been fnded by trust Dr Andrew Hopknrk, and Ath ongoing suptx)rt of the TrusL the Mldhur* Shopping Setmce continue5 to thrive. W provkling an ott for socialisats¢)n, r( pjays an aCve ro in impJroving the mental health of d(kr1y reshlents who may sufv from the effetts of aOn and knnelirEss. It continues to be run wlth great effioency by Dr Hopri ab assist& ty felbw Iwsree Mrs Santha Evans. and suN)ort•J ty a willing group of hdkErs and drivers. Page I
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREY TODD TRusr REPORT OF THETRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 Hnanclal posltion The kvel of Investment inthme has increased from £8,939 to £9.733. A £25,000 donadcn s also r1 from Yhe Friènds of Midhurst Communty Hospital" Expenditure h45 r&ed from £S3,382 to £9,378. is explalned by the grants pald out only totalling £3,850, a signlficant raluction from the £48,560 p3id out in the prevlous year. At the year end the TNst crmtinues to tse In a strorrtJ financial wjsitron, IK)kling baLince sheet reserves of £344,062 { £306,515 -2022). The Tw5t continues to jOY a healthy financial suatToTr while aiternpting to Tespond poVety w¢creasing requests for funding¢ Particularly from our local xhools. We remain sètisfh4J that the assets of the Tn are being usèj effiaently to aChe Its airns, regUr rewew of income from our Investm with Invec a1 BNY Melbn. Should any donatrons te re£ewl under Gift Aid or ttrJs ¢f Cova)an¢ recoverab Income tsx woukl be recognlsa 63ch cKcasp)n. Resenw PDIECY It is the roh'cy of the Trust that unrethrted funds whid) have not been designa for a specrfic shouhl te maintained at a equThotent to 18 months expeThJlbJre. This level of reserve5 has bn Maintain thv9hOut the FUTURE PiANS We remain cOnfent that Ictal m&lcal and paramedlcal perxfftnel are awaTÈ of the TNSVS eXll(e, eswally with the conty"nuing crisis in thÈ NHS, wth unatceptably k)ng waiting Its for sUrry and medical treatments. While we reallse that gronts towards private treatment can help an indNKlual enornioUY we èr8 careful to en9Jre that there we importsnt extrmuaty.ng orcumstances tehind >Kh applicatitns. &milady, with the continulng mental heatth crisis arnrg sthoolchildren, induding the very youngest pupils, we we rtain that the Head5 of all our Ial prfmary xhoo15 are aware that we could help Mth financial assistan, wth the oviEo that the trustees &Jree that an indtvidual aFvllcatt)n Is airned towards'the Telf of sckness,. Acknowledgements Speoal thanks to Mrs J. Moncreff for her almost thenty years of Unstsnng hard work as s&retsry for the ThJX fr41owiThJ her move away from this area. She will be Sore misd. And thanks atso to Dr M. groughton, who has ¢cidd to retire from the Trust due to his rnany other commitments. These have prevented him from attending as many meebn9S a5 he would have liked. HIS wise words of opinion and advlce wfill 3150 be missfA. Anally, I would Ilke to thank all the Twsts fty their har¢1 work and enthuskayn during thb year,. with thntinuing signs of Cri5 in the NHS and In the mental heath of our sd)otslchildren, work of thè Tru¥ reflecting the generous writ of Slr GatyTodd, has revw W rrnre irnrKJrtant. snIuURE, GOVERNANCE AND MANAGEMEr Govern5ng document The Trust ds esiatAished by a tharable deed on 14 JBnuary 1988-as on 6 June 2005. Page 2
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR (OFFREY TODD TRusr REPORT OF THE TRiisfEES FOR THE YEAR ENDED 31 DECEMBER 2023 srRucfuRE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of nev¥ ttusteas Eath Trust& s awointsj for hislher gera1 eXerien and skills, with no SFecffK training or induction fdt to te nece55ary. New Twu5tees are provided wth a 'welcome and direrted to the Chatity ComrnissKJn web4te and sFecificalty to the Introyuctory guide The eswtial TrustÈ&'. what you neÈd to know. what you ne&4 to &)'ICC31. After discuL of this subje¢ a 'divi5ion of laboud was thCKI, the mpin feature5 were".- Mr J. Culley and Mts A. Jones, both new TN5t both with ev1e of teachin9 in Prirnary Schwts, agre& to become Ikison officers, in frequent contsct with Heats and senior staff terS of local Primary Sthc¥)Is and of Midhurst Rother College. Their vl4ts to sdiooLs are prwng I[10l our rdatronthips with the sthools, and our efforts to hejp wtih indiwdual wpils, menrdl health dlfficulu"es. Mrs S. Evans woukl ConnUe to wist Dr A. Hopknrk wth the Shopping See, erganssing duty rotss for thè helws and drNets. R. Rthardson has to take ¢)ver the rok of retary from Mrs J. MoncreTrY, and another new Trustee, Mrs N Pangesh has agreed to a55t Mr5 Richardsjn in finantial matLvs, and to &t as treasurer for the Trust. Oryanlsatlonal structure As in previous years, the Trustee5 conunue to aim to rneet at least three times a yeari primari to discuss ap[CatiOr for grants from i(tal ()1$ on behalf of Ioc21 resldents, and from fcKal medthl perSne1 for their patients, ie hxal resents. When fe to tE appropriate, the of each Indlvthal grant ha5 been deod8Y after review of the fvnds aValble, and con&deratlon of the apklicanvs reque and needs. GDPR and poli slatements Ag ITh preVIS years, the Trustees contr.nue to ensure confKkntiJity for all appIants by following General Data Protection Regulathjns. Ml IndNKluals finaal support are ad$&j that a copy of the TnJsVs Pric Policy is aVaiL7b on request. The policies of Confltt of Interest, RFs and Invth)ent are as ugjal held by the Trust and subj.ect to regular reviert, a5 a¥e the polldes of Risk a5 applith4 to the Shopklng SeNKe. Risk manageTJJent Having aessed the rfsks to whKh the charity nwy be expovd, the Trusts are that systeffs are In Pla to mttigate expKJsure to ch ri*s. REFERENCE AND ADMINIsfRATniE DETAILS Registered Charity number 298597 Principal address R chardson The Chase Chthester Midhursi West Sus GU29
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTODD TRusr REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2023 DT A Hopknrk Mrs J MonoEiff (reSignj 2V4120231 Dr M Broughtm {wgned 211612023) G Evans (r&gned 21512024) Dr H HorrE Mrs S @Rns Mts R Richardsc Ms M A Jones laF4X)inted 211412023) J R Culley (appointed 2V412023) Dr N P3ngesh (apFK)int*l 211412023) Independent Examiner Melanle Welth FCCA ACA Lewis Brownke (Chlchestw) Um Grange Hou Grange Road Midhur West Sussex GU29 9LS Bankers Barclays Bank Ftc North Street Nidhurst W&8t Sussex ¢>J29 9DL Investec Weath & Inv&thent Ltd 30 Gresham Street London EC2V 7QN Delegated mana9ement MTS R RKhardson Approved by order of the board of trustees on ........ .................. . tnd Igned on its behalf by.. Page 4
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 INDEPENDEKf EXAMINER'S REPORT TO TRusfEES OF THE SIR GEOFFREY TODD TRUST Independent examiner's report to the trustees of The Sr Geoffrey Todd Trust I rep)rt to the charity tnJsts on my eyAmlnatyon of the Kcounts of The Sir Go)ffrey Tc¥Jd Trust {the TNstl for the year ended 31 0mber 2023. ResnSIbilItIeS aNI basis of rèport As the charty truStS of the Tru you are resp)nsitde for the tratK)n of the accounts in acconIan with the requirements of the Charitie5 Act 20LI (the ACVI. I rewrt in $pt of my examination of the Trusts accounts out under SlI)n 145 of the Act and in carrying CAJt My e%aminats"on I have folkjwed all aptlicable Directions gNen by the thaiity CommissM)n under Settion 14515)Ib) of the Independent examiner's 51atsment I have completed rny examtnation. I confimi that m mJttsitil mattrfs have come to my attention in connthn with the examination gNing me cause to tdiÈrye that in any nwtgkl res. accounting rerdS wtre not kept in respett of theTrust as requirgj by Secth)n 130 of the A£t; or the acc(yJnts do not accord with those records" or the accounts do nrt comply with the applkabie r8Juirements conrn the fom and content of accounts t out n the Charitses (Accounts and Repts) Regulati(m5 20Ce other than any requSrement that the accourts gwe true and fair vW whh Is Dot a matrtr conswjewej as part cl an indew(lent exarnination. l have no coJerns and have come across Thj otsr connection wth the examination to whKh attention thould te drawn in this #t in orderto enable a proper underAanding of the accounts to be reached. 81gn•d by.. 36SB6L*018B2445 Mdank FCCA ACA Lew Brownlee (Chitiester) LIM& Grange Hou Grange Road MidhUt West Sussex GU29 9LS 24 october 2024 | 10:13 BST Page 5
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTODD TRusr srATEMEKf OF FINANCTAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 VnrestTirted nd Total funds Z02Z Note$ INCOME AND ENDOWMENTS FROM E¥>nations and legacles 25,102 Investment Irne 9,733 8,939 Total 34,835 8,939 EXPENDITURE ON RaLslng funds 1,956 1,991 Charitable acttvitsès Grants payab 48,560 (Xher 3,572 2031 Totsl 9,378 53?82 Net galnsll1ossesl on inYe5trnents 762 (910) NEf INCOMEI(EXPENDITURE) Othèr rèei>ynised gains/(losses) Gainsl(losses) on revalUatn cl tlxeil a5 26,219 (45,353) 11,328 (23,503) Net movemtnt in fund$ 37,547 (68,856) RECONCILIATION OF FUNDS Total funds brought forward 30615 375,371 TOTAL FUNDS CARRIED FORWARD 344,062 306,515 The notes forrn part of these finanaal siateMts Page 6
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR EOFFREY TODD TRU 31 DECEMBER 2023 2023 Unr¢strlciEd fund Totsl funds 2022 FIXED ASSErs Investments 309,287 299,967 CURRENT ASSETS L593 33,182 524 6,024 Cash at b4nk and in hand 34,775 NET CURRENT ASSETS 34,775 34462 306,515 NEf ASSErs 34462 306,51S FUNDS Unrestrictej funds 344J)62 306,515 TOTAL FU14DS 344,062 306,515 The financial Stateftts were approved by the r Trust*s and authtiri•4 for igsue were sgned on ts akI iy: rustee R Chard9)n- Trustee The not&s fomTr part of these finanaal statements Page 7
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIRGEOFFREY TODD Tftusr NOTES TO THE FINANCIAL sfATEMEltrs FQR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES Basis of prepwin9 the ffnancial siana)ts The finanaal Statents of the charity, whKh 15 a public benefit entity under FRS 101 have been yepared in acCOance with the Charities SORP IFRS 1021 'Accounting and Rerting by Chat5. staternt of Recommended PraLlice applicable to charitie5 preparng their accounts in 2tcordance with the Flnan(ial RepJt"ng Stdard applicable in the UK and Republic of Ireland (FRS 102) (effecbve l January 20191,, Ffjnanoal Reting StJkdard 102 The Finanoal Reporting Standard applKable in the UK and of trehnd. aThl the a)arths Act 2011. The financial statements have tren prepared on a going £wrn ba$ und the hlstorKal cost conventw)n wh the exceptk)n of Ènvestments whKh are indudoj at mar1rt value. The preStical cuThency of the anUal statements is in PouThJ stIng {£) whith is rounded to the nearest w)und (£). Going nCern At the Imne of aptwvin9 the accounts, the tsusw have a sOnable expthtion that the Trust hJs wlequate resources to continue in owatsonal existence for the foreseeable futhre. Thus the $te&s nnue to adopt the going concem ba%s of accounting Tn preparing the finanLial statements. Incomlng resources All income and enth)wrnents are accounted for wlthout da4uction for any costs of rNabIlIty. are reco9ni Wh there Is evince (A entiUemen¥ recelpt is PTolble, and the amount (an bÈ meaSUd rdiabty. Voluntary Income Donations are ned Wh recelv6J. Income tax reCOverae on Gfft Aid donations is rttognised when the In¢xitne ts recognised. Grants and kgaoes are reccqnis41 when the fomial offer in wribng of the funth"n9 15 ewed. Income from Charltsble Activie$ IncCe 15 rwognised when the rwney is reNed. Inc¢me from Investm•ts DivKlen(ts are accounted for when due and payab. Interest &rtidements are accouDtsI ft)r ès tly acc. Tax IratAe on such income reCogne in the same accounttng year. All other income All other W0Me is recognised in the Femd to whth tElatas. Income reI in is deferred to the peTricd to which rt rdate5. Gains and losses on Investments Realed gains are recognid when the Investments are sold. Unreallsed gains and losses are Unted for on revaluation on 31 Dernter. Rescxjs expend8J we ac£ounted for on an accruals Ixsis and are accounted for grr&ss. The management aLJ activ of the charity are carried out by Voluntee ino)me and cost Is not indudwj in the ffnanaal Statements a5 this vtsluntsry contribubon t¢ the work of the tharity 15 incalculable. Grants Grants and donatlons are accountaj fur Wh paFd over, or Wh awarded where the award create5 a bindlng oblyation M the charty. Taxatio The charty is exanptfrom tsx on Its dwritable acbwtSes. Fund accountin9 unre5tritt funds can be us&Y in acccYdan the tharli&Jle ObjveS ètthe dfjscretion of the trustees. Page 8 ¢on¥nuaJ...
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIRGEOFFREY TODD TRUST NOTES TO THE FINANCIAL sfATEMENTS. cortlrnl FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNIING POLICIES- continued Fund aCCntIng Restricted funts can onty be used for pa¢vr restricted purposes wf(hin the obieL15 of thè Charbty. Restr[rtnS arlse when Spea1 by the donor or ert funds are Sed frjr paitubr purposes. Financial instrnments tnvesthents are a fonn of bax financkal instrument and ère inibally recognised at their transactk)n value and subseouendy measured at their fair value as at the balance sheet date us&ng the ckjsing quoted market prte. PJI gains and Iow5 are tsken to the Statement of nan{al A¢Wthes as they atlse. Reallsed gains and tosses on inv*nents are calcuL4ted as thè difference tsets¥e sales proceeds and their openlng carrying wJlue. Unrealised galns and bsses are calcuw as the drferen ttheen the fdir value at the year-end and thar carrylng Vae. INVESTMEpif INCOME 2023 2022 Incor from Iltsj Investments 9,733 8,939 RAISING FUNDS InVestTrt managem•rt Costs 2023 2022 PortfolK) rllanayement 1,956 1,991 QTHER 2023 2022 Supkvrt costs 3,572 2,831 Suptvrt costs £2,633 indudes the Inderndt Examination fee of £1.740 12022- £1,965 indudes a fee of £1,2). TRiisfEES' REMUNERATION AND BENEFrrs There were no tnj5t, remunerat¢on or other benefits for the year end1 31 Decernter 2023 for the year ended 31 Lknmber 2022. Trustses. expènse9 Parki and fud ewses in thÈ sum of £939 (£8E6-2022) were rewnixjrsefj tr) the 6 volunteer drivers in réspett of maintslning the community shopping stheme movirwJ fornard. Page 9 c0ntynUl...
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREYTODD TRLIST NOTES TO THE FIN*J4CIAL sfATEMENTS. continuèd FOR THE YEAR ENDED 31 DECEMBER 2023 FIXED ASSEf INVESTMENTS Listed MARKEf VALUE At l janu 2023 Additions t15plS RlUat¥n5 299,967 24,216 (26,224) IL328 At 31 frnber 2023 309,287 BOOK VALUE At31 Drnber 20 309,287 At 31 Cecemter 2022 299,967 There were no investmwst a55ets outsde the UL If list&1 inv£qbnents had not been revalued they wuukl have been included at their historical Cost of £243,239. DEBTORS: AMOUNTS FALUNG DUE WMIIN ONE YEAR 2023 2022 Other debtors 1,593 524 MOVEMEKf IN FUNDS At 31112123 At 111123 in funds Unrestrt<t•d fund5 General furyl 306A15 37,$47 344,062 TOTAL FUNDS 30615 37,547 344,062 Net movement In funds, Included In the above are as foltows: Incomlng Resource5 Galns and Movement losses n funds Unrestricted funds al fund (9,378) 11090 37,547 TOTAL FUNDS 34,835 (9,378) 12,090 37,547 Page 10 cont¥lu...
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREY TODD Trusr NOTES TO THE FINANCIAL ATEmE1{rS- conttnued FOR THE YEAR ENDED 31 DECEMBER 2023 MOVEMEPff IN FUNDS . contlnued Comparative$for moven)ent in funds movement tn funds At 31112122 Atlll122 Unrertrfded funds GeneRI fund 375,371 168,856) 306,515 TOTAL FUNDS 375,371 168,8S6) 306,515 Comparative net Nv)vement in funds, indLwJtsJ in the atove are as follows.. Incomin9 Resources resour expended Gal and MovÉment in funds Unrestrirted funds fund 8,939 {53,3821 (24,4131 (68,8561 TOTAL FUMDS 8,939 {53,3821 (24,413) 168,8561 A current year 12 months arKI wior year 12 rnonth5 combined rosOn as follows: At 31112123 At 111122 in funds Unrestrirted funds ¢kneral fund 375,371 (31,309) 344,062 TOTAL FUNDS 375,371 (31,309) 344,062 A cunEnt year 12 K)nthS and pritir year 12 months comblned net movement In funds, induded In the above are as frAIows- Incoming Resources Gains and Mo¥ement 105ses in funds Unrestrirted funds General fund 43,774 (62,760) (12,323) 131,309) TOTAL FUNDS 43,T14 (62,760) (12,323) 131,309) Page 11 continu&l...
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SIR GEOFFREY TODD TRUST NOTES TO THE FINANCXaL STATEMENTS- continued FOR THE YEAR ENDED 31 DecEMBER 2023 RELATED PARTY DISCL05URE5 There were no relat paty transacbons for the year end&1 31 Demter 2023 nor the y84r en¢tsJ 31 Dmber 2022. Page 12
' Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7 THE SXR GEOFFREY TODD TRusr DETAILED STATEME1 OF FINANCIAL ACtivmES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME AND ENDOWMETrffS Donations and legacles Eonations 25,102 Vestment Income tKome from Iled invL%Dna 9,733 8,939 Totsl Incoming resources 34,835 8,939 EXPENDMIRE In¥estment ma9¢ent(0Sts Portfolio managema)t 1,956 1,991 Charltable artivities Grnnts to in#itutions Grarts to individuals 3,850 45,819 2,741 48,560 Support costs Managemènt Admini4rntyve exFenses 1,832 1,259 Accountancy fees ¥740 1,5r2 T¢Xal urCeS exJJendÈd 9,378 53,382 Net incomel(expenditure) IRfore galns and 25,4 {44,4431 Realised recognised gains and lo$ Reali1 ga1[(lOs5eS) on fixed ast invesima 762 1910) Net Incomel(expendbture) 26,219 (45,353) Th15 page does not form pat of the #aturory finrial &atements Page 13
Docusign EnvelopÈ ID". F54D81C2-61A54227-8603-26F4ABE077A7