| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Company, | its Trustees and Advisers | 1-2 | |
| Trustees' Report |
3-14 | |||
| Trustees' Responsibilities Statement |
15 | |||
| Independent Auditors' |
Report | on the Financial Statements | 16-19 | |
| Statement of Financial | Activities | 20 | ||
| Balance Sheet | 21 -22 | |||
| Statement ofCash Flows | 23 | |||
| Notes to the Financial | Statements | 24-46 |
| Company | secretary | secretary | J E A Marshall, | PhD |
|---|---|---|---|---|
| Chairman | J P P Hirst, PhD | |||
| Independent | auditors | Whitings LLP |
||
| Raleigh House | ||||
| 14CCompass | Point Business Park | |||
| Stocks Bridge Way | ||||
| St Ives | ||||
| Gamb ridges hire | ||||
| PE27 5JL | ||||
| Investment | Advisors | Cantab Asset Management | ||
| 50 Station Road | ||||
| Cambridge | ||||
| Gamb ridgeshire | ||||
| CB1 2JH |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 | 2022 | 2021 | ||||
| Note | F | |||||
| Income from: | ||||||
| Charitable activities |
446,913 | 446,913 | 665,616 | |||
| Investments | 88,839 | 88,839 | 78,241 | |||
| Other income | 8„353 | 8,353 | 62,898 | |||
| Total income | 544,105 | 544,105 | 806,755 | |||
| Expenditure on: |
||||||
| Raising funds | 41,480 | 41,480 | 34,490 | |||
| Charitable activities |
1,390,030 | 1,390,030 | 1,716,489 | |||
| Total expenditure | 1,431„510 | 1„431,510 | 1,750,979 | |||
| Net expenditure | before net gains on investments | (887,405) | (887,405) | (944,224) | ||
| Net gains on investments | 123,778 | 123,778 | 638,352 | |||
| Net movement | in funds | (763,627) | (763„627) | (305,872) | ||
| Reconciliation | offunds: | |||||
| Total funds brought | forward | 8,886,893 | 8,886,893 | 9,192,765 | ||
| Net movement | in funds | (763,627) | (763,627) | (305,872) | ||
| Total funds carried forward | 8,123,266 | 8,123,266 | 8,886,893 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | E | |||||||
| Fixed assets | ||||||||
| Intangible assets |
11 | 38,504 | 40,695 | |||||
| Tangible assets | 12 | 233,222 | 126,435 | |||||
| Investments | 13 | 7„334,762 | 8,352,771 | |||||
| 7,606,488 | 8,519,901 | |||||||
| Current assets | ||||||||
| Stocks | 14 | 2,285 | ||||||
| Debtors | 15 | 423,535 | 692,325 | |||||
| Cash at bank and | in hand | 99,974 | 53,548 | |||||
| 523,509 | 748,158 | |||||||
| Creditors: amounts | falling | due within one | ||||||
| year | 16 | (146,331) | (381,166) | |||||
| Net current assets | 377,178 | 366,992 | ||||||
| Total assets less | current | liabilities | 7,983,666 | 8,886,893 | ||||
| Net assets excluding | pension asset | 7,983,666 | 8,886,893 | |||||
| Total net assets | 7,983,666 | 8,886,893 | ||||||
| Charity funds | ||||||||
| Restricted funds |
18 | |||||||
| Unrestricted funds |
18 | 7,983,666 | 8,886,893 | |||||
| Total funds | 7,983,666 | 8,886,893 |
| STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | ||||
|---|---|---|---|---|---|
| FOR | THE | YEAR ENDED 31 JANUARY 2022 | |||
| 2022 | 2021 | ||||
| Cash flows from operating activities |
|||||
| Net cash | used in operating activities |
(1,034,210) | (1,004,567) | ||
| Cash flows from investing activities |
|||||
| Dividends, | interests and rents from investments |
88,839 | 78,241 | ||
| Purchase | of intangible assets |
(4,559) | (40,695) | ||
| Purchase | oftangible fixed assets |
(145,432) | (10,840) | ||
| Proceeds | from sale of investments | 6,903,936 | 2,369,752 | ||
| Purchase | of investments | (5,762,148) | (1,557,964) | ||
| Movement | in cash held in investment portfolio |
1„663,613 | |||
| Net cash | provided by investing activities |
2,744,249 | 838,494 | ||
| Cash flows from financing activities |
|||||
| Net cash | provided by financing activities |
||||
| Change in cash and cash equivalents |
in | the year | 1,710,039 | (166,073) | |
| Cash and | cash equivalents at the beginning |
ofthe year | 699,985 | 866,058 | |
| Cash and | cash equivalents at the end of |
the year | 2,410,024 | 699,985 | |
| The notes | on pages 24 to 46 form part | ofthese financial statements |
| iation is provided on the following |
basis: | |
|---|---|---|
| Plant and machinery | 20% Straight | line |
| Plant and machinery | 33% Straight | line |
| Improvements to property |
2% Straight | line |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| Subscription | income | 355,064 | 355,064 |
| Extra workshops | 91,849 | 91,849 | |
| Total 2022 | 446,913 | 446,913 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| Subscription | income | 417,338 | 417,338 |
| Extra workshops | 248,278 | 248,278 | |
| 665,616 | 665,616 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| Income from listed investments | 88,839 | 88,839 | |
| Unrestricted | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| Income from listed investments | 77,125 | 77,125 | |
| Investment | income - local cash | 1,116 | 1,116 |
| 78,241 | 78,241 |
| 5. | Other incoming | Other incoming | resources | ||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2022 | 2022 | ||||
| Government | grant | income | 8,353 | 8,353 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2021 | ||||
| Government | grant income | 62,898 | 62,898 | ||
| 6. | Investment | management | costs |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | |||
| E | F | |||
| Portfolio | management | fees | 41,480 | 41,480 |
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021f | |||
| Portfolio | management | fees | 34,490 | 34,490 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022f | |||
| Legal & professional | costs | 1,480 | 1,480 | |
| Staff costs | 1,082,989 | 1,082,989 | ||
| Accountancy | & audit | fees | 5,763 | 5,763 |
| Exploration | &fieldwork | 10,845 | 10,845 | |
| Library services | 572 | 572 | ||
| Research activities | 119,873 | 119,873 | ||
| Other office | costs | 157,184 | 157,184 | |
| Promotion and publicity |
6,324 | 6,324 | ||
| Staff training | 5,000 | 5,000 | ||
| 1,390,030 | 1,390,030 | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021 | |||
| Legal & professional | costs | 1,030 | 1,030 | |
| Staff costs | 1,257,379 | 1,257,379 | ||
| Accountancy | & audit | fees | 5,324 | 5,324 |
| Exploration | &fieldwork | 1,263 | 1,263 | |
| Library services | 633 | 633 | ||
| Research activities | 314,866 | 314,866 | ||
| Other office | costs | 128,270 | 128,270 | |
| Promotion and publicity |
3,720 | 3,720 | ||
| Staff training | 4,004 | 4,004 | ||
| 1,716,489 | 1,716,489 |
| Total | ||||||
|---|---|---|---|---|---|---|
| Staff costs | Depreciation | Other costs | funds | |||
| 2022 | 2022 | 2022 | 2022 | |||
| E | ||||||
| Legal 8 professional | costs | 1,480 | 1,480 | |||
| Staff costs | 1,082,989 | 1,082„989 | ||||
| Accountancy | 8 audit | fees | 5,763 | 5,763 | ||
| Exploration | 8 fieldwork | 10,845 | 10,845 | |||
| Library services | 572 | 572 | ||||
| Research activities | 119,873 | 119,873 | ||||
| Other office | costs | 45,394 | 111,790 | 157,184 | ||
| Promotion and publicity |
6,324 | 6,324 | ||||
| Staff training | 5,000 | 5,000 | ||||
| 1,082,989 | 45,394 | 261,647 | 1,390,030 | |||
| Total | ||||||
| Staffcosts | Depreciation | Other costs | funds | |||
| 2021 | 2021 | 2021 | 2021 | |||
| Legal 8 professional | costs | 1,030 | 1,030 | |||
| Staff costs | 1,257,379 | 1,257,379 | ||||
| Accountancy | 8 audit | fees | 5,324 | 5,324 | ||
| Exploration | 8 fieldwork | 1,263 | 1,263 | |||
| Library services | 633 | 633 | ||||
| Research activities | 314,866 | 314,866 | ||||
| Other office | costs | 36,915 | 91,355 | 128,270 | ||
| Promotion and publicity |
3,720 | 3,720 | ||||
| Staff training | 4,004 | 4,004 | ||||
| 1,257,379 | 36,915 | 422,195 | 1, 7'I 6,489 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | |||
| directly | costs | funds | |||
| 2022 | 2022 | 2022 | |||
| E | E | ||||
| Legal 8 professional | costs | 1,480 | 1,480 | ||
| Staff costs | 654,649 | 428,340 | 1,082,989 | ||
| Accountancy | 8 audit | fees | 5,763 | 5,763 | |
| Exploration | 8, fieldwork | 10,845 | 10,845 | ||
| Library services | 572 | 572 | |||
| Research activities | 119,873 | 119,873 | |||
| Other office | costs | 157,184 | 157,184 | ||
| Promotion and publicity |
6,324 | 6,324 | |||
| Staff training | 5,000 | 5,000 | |||
| Total 2022 | 798,182 | 591,848 | 1,390,030 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total | ||||
| directly | costs | funds | ||||
| 2021 | 2021 | 2021 | ||||
| E | ||||||
| Legal 8 professional | costs | 1,030 | 1,030 | |||
| Staff costs | 775,612 | 481,767 | 1,257,379 | |||
| Accountancy | 8, audit | fees | 5,324 | 5,324 | ||
| Exploration | 8 fieldwork | 1,263 | 1,263 | |||
| Library services | 633 | 633 | ||||
| Research | activities | 314,866 | 314,866 | |||
| Other office | costs | 128,270 | 128,270 | |||
| Promotion | and publicity | 3,720 | 3,720 | |||
| Staff training | 4,004 | 4,004 | ||||
| 1,102,732 | 613,757 | 1,716,489 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Fees payable to the Company's | auditor | for the audit ofthe Company's | ||||
| annual accounts |
4,515 | 4,385 | ||||
| Fees payable to the Company's | auditor | in respect of: | ||||
| All non-audit services |
not included | above | 645 | 625 | ||
| Staff costs | ||||||
| 2022 | 2021 | |||||
| Wages and salaries | 797,268 | 938,594 | ||||
| Social security costs | 84,250 | 92,920 | ||||
| Contribution to defined |
contribution | pension schemes | 201,471 | 225,865 | ||
| 1,082,989 | 1,257,379 |
| 2022 | 2021 | ||
|---|---|---|---|
| No. | No. | ||
| Research services | 15 | 17 | |
| Management | and administration | 5 | 2 |
| Technical services | 3 | 3 | |
| 23 | 22 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| Intangible assets |
|
|---|---|
| Computer | |
| software | |
| F | |
| Cost | |
| At 1 February 2021 | 40,695 |
| Additions | 4,559 |
| At 31 January 2022 | 45,254 |
| Amortisation | |
| Charge for the year | 6,750 |
| At 31 January 2022 | 6,750 |
| Net book value | |
| At 31 January 2022 | 38,504 |
| At 31January 2021 | 40,695 |
| Plant and | Fixtures and | ||
|---|---|---|---|
| machinery | fittings | Total | |
| f. | |||
| Cost or valuation | |||
| At 1 February 2021 | 328,423 | 152,185 | 480,608 |
| Additions | 144,780 | 653 | 145,433 |
| Disposals | (172,143) | (33,964) | (206„107) |
| At 31 January 2022 | 301,060 | 118„874 | 419,934 |
| Depreciation | |||
| At 1 February 2021 | 274„673 | 79,500 | 354,173 |
| Charge for the year | 34,529 | 4,116 | 38,645 |
| On disposals | (172,143) | (33„964) | (206,107) |
| At 31 January 2022 | 137,059 | 49,652 | 186,711 |
| Net book value | |||
| At 31 January 2022 | 164,001 | 69,222 | 233,223 |
| At31January 2021 | 53,750 | 72,685 | 126,435 |
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| Cost or valuation | ||||
| At 1 February | 2021 | 8,352,771 | ||
| Additions | 5,762,148 | |||
| Disposals | (6,903,936) | |||
| Revaluations | 123,779 | |||
| At 31 January | 2022 | 7,334,762 | ||
| Net book value | ||||
| At 31 January | 2022 | 7,334,762 | ||
| At 31January | 2021 | 8,352,771 | ||
| 14. | Stocks | |||
| 2022 | 2021 | |||
| F | ||||
| Cons umables | 2,285 | |||
| 15. | Debtors | |||
| 2022 | 2021 | |||
| Due within one year | ||||
| Trade debtors | 42,250 | 299,076 | ||
| Other debtors | 30,195 | 32,218 | ||
| Prepayments | and accrued income | 351,090 | 361,031 | |
| 423,535 | 692,325 |
| 2022 | 2021 | ||
|---|---|---|---|
| Taxes and social security | 17,017 | 25,095 | |
| Trade creditors | 58,672 | 70,049 | |
| Other creditors | 226 | 1,057 | |
| Accruals and deferred |
income | 70,416 | 284,965 |
| 146,331 | 381,166 |
| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial | assets | ||||||||||
| Financial | assets | measured | at | fair | value | through | income | and | expenditure | 99,974 | 53,548 |
| Statement offun | ds - current year | |||||
|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | |||||
| February | Transfers | Gains/ | 31 January | |||
| 2021 | Income E |
Expenditure | in/out f. |
(Losses) f |
2022 E |
|
| Unrestricted | ||||||
| funds | ||||||
| Designated | ||||||
| funds | ||||||
| Black Sea | 195,797 | 25,630 | (58,618) | 162,809 | ||
| Data Collection | (71,056) | 71,056 | ||||
| Greenland | (35,524) | (27,931) | (63,455) | |||
| NW Black Sea | (1,688) | (1,688) | ||||
| Flood Basalt | ||||||
| (Volcanic | ||||||
| Basins) | (20,711) | 48,896 | (90,961) | (62,776) | ||
| Canadian Arctic |
(3,782) | 3,782 | ||||
| Barents Shelf | 87,575 | (119,482) | (31,907) | |||
| Circum Arctic | 119,221 | (119,221) | ||||
| Microbialite | ||||||
| Project | (462,452) | (21,886) | 484,338 | |||
| North Atlantic | ||||||
| Margins | (461,908) | (60,714) | 522,622 | |||
| 8unter | (12,961) | (12,961) | ||||
| Impact of | ||||||
| Volcaniclastic | ||||||
| rocks on CO2 | ||||||
| stores | (1,785) | (1,785) | ||||
| Dinarides | (247,314) | 49,841 | (59,264) | (256,737) | ||
| Paratethyan | ||||||
| Stratigraphy | ||||||
| Project | 205,560 | 91,848 | (100„156) | 197,252 | ||
| Greater Caspian | ||||||
| Provenance | ||||||
| Project | (50,700) | 3,900 | (78) | 46,878 | ||
| Uralian | ||||||
| Provenance | ||||||
| project | (222,879) | 25,610 | (49„354) | 246,623 | ||
| Critical Minerals | ||||||
| project | (17,204) | (17,204) | ||||
| Mudrock Seals | ||||||
| project | (22,507) | (22,507) |
| Balance at 1 | Balance at | |||||
|---|---|---|---|---|---|---|
| February | Transfers | Gains/ | 31January | |||
| 2021 | Income | Expenditure | in/out | (Losses) | 2022 | |
| E | E | F | F | F | ||
| New project | ||||||
| development | ||||||
| and charitable | ||||||
| expenses | (37,335) | (83,404) | 81,188 | (39,551) | ||
| Reactions and | ||||||
| flow project | (24,654) | (24,654) | ||||
| (930,670) | 245,725 | (827,485) | 1,337,266 | (175,164) | ||
| General funds | ||||||
| Strategic reserve | 4,920,735 | 209,541 | (386,543) | (1,337,266) | 3,406,467 | |
| Investment | ||||||
| reserve | 4,253,622 | 88,839 | (357,082) | 123,778 | 4,109,157 | |
| Building | ||||||
| improvement | ||||||
| reserve | 643,206 | 643,206 | ||||
| 9,817,563 | 298,380 | (743,625) | (1,337,266) | 123,778 | 8,158,830 | |
| Total | ||||||
| Unrestricted | ||||||
| funds | 8,886,893 | 544,105 | (1,571,110) | 123,778 | 7,983,666 |
| Statement offunds |
(continued) | |||||
|---|---|---|---|---|---|---|
| Statement offunds | - prior year | |||||
| Balance at | Balance at | |||||
| 1 February | Transfers | Gainsi | 31January | |||
| 2020 | Income | Expenditure | in/out | (Losses) | 2021 | |
| Unrestricted | ||||||
| funds | ||||||
| Designated | ||||||
| funds | ||||||
| Black Sea | 192,481 | 70,206 | (43,838) | (23,052) | 195,797 | |
| Murzuq | '/43, 250 | (143,250) | ||||
| Greenland | (24,385) | (11,139) | (35,524) | |||
| NW Black Sea | 217,362 | (1,020) | (216,342) | |||
| Flood Basalt | ||||||
| (Volcanic | ||||||
| Basins) | 23,090 | 119,398 | (112,024) | (51,175) | (20,711) | |
| Canadian Arctic |
(3,342) | 3,342 | ||||
| Barents Shelf | 397,726 | (212,896) | (97,255) | 87,575 | ||
| Circum Arctic | 119,677 | (313) | (143) | 119,221 | ||
| Microbialite | ||||||
| Project | (391,361) | (48,799) | (22,292) | (462,452) | ||
| North Atlantic | ||||||
| Margins | (316,536) | (97,358) | (48,014) | (461,908) | ||
| Pai Khoi | (1,004) | 1,004 | ||||
| Dina rides | (124,578) | 90,847 | (146,609) | (66,974) | (247,314) | |
| Paratethyan | ||||||
| Stratigraphy | ||||||
| Project | 180,66'l | 246,040 | (148,706) | (72,435) | 205,560 | |
| Greater Caspian | ||||||
| Provenance | ||||||
| Project | (3,804) | 8,612 | (38,102) | (17,406) | (50,700) | |
| Uralian | ||||||
| Provenance | ||||||
| project | (158,660) | 61,468 | (67,715) | (57,972) | (222,879) | |
| New project | ||||||
| development | (25,628) | (11,707) | (37,335) | |||
| 101 | (93,795) | 93,795 | ||||
| New project | ||||||
| development | ||||||
| and charitable | ||||||
| expenses | (95,807) | 95,807 |
| Statement offund | s - prior year ( | continued) | ||||
|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||
| 1 February | Transfers | Gainsi | 31January | |||
| 2020 | Income | Expenditure | inlout | (Losses) | 2021 | |
| E | ||||||
| 279,308 | 596,571 | (1,161,341) | (645,208) | (930,670) | ||
| General funds | ||||||
| Strategic reserve | 4,013,239 | 209,668 | (585,732) | 645,208 | 638,352 | 4,920,735 |
| Investment | ||||||
| reserve | 4,253, 622 | 4,253,622 | ||||
| Building | ||||||
| improvement | ||||||
| reserve | 646,596 | 516 | (3,906) | 643,206 | ||
| 8,913,457 | 210,184 | (589,638) | 645,208 | 638,352 | 9,817,563 | |
| Total | ||||||
| Unrestricted | ||||||
| funds | 9,192,765 | 806,755 | (1,750,979) | 638,352 | 8,886,893 |
| Summary offu |
nds - current year | |||||
|---|---|---|---|---|---|---|
| Balance at 1 | Balance at | |||||
| February | Transfers | Gains/ | 31 January | |||
| 2021 | Income | Expenditure | in/out | (Losses) | 2022 | |
| E | E | F | ||||
| Designated | ||||||
| funds | (930,670) | 245,725 | (827,485) | 1,337,266 | (175,164) | |
| General funds | 9,817,563 | 298,380 | (743,625) | (1,337,266) | 123,778 | 8,158,830 |
| 8,886,893 | 544,105 | (1,571,110) | 123,778 | 7,983,666 |
| Summary offun |
ds - prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||
| 1 February | Transfers | Gains/ | 31January | |||
| 2020 | Income | Expenditure | in/out | (Losses) | 2021 | |
| Designated | ||||||
| funds | 279,308 | 596,571 | (1,161,34 1) | (645,208) | (930,670) | |
| General funds | 8,913,457 | 210,184 | (589,638) | 645,208 | 638,352 | 9,817,563 |
| 9,192,765 | 806,755 | (1,750,979) | 638,352 | 8,886,893 |
| Analysis | of net assets between funds - current ye |
ar | |
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2022 | 2022 | ||
| Tangible | fixed assets | 233,222 | 233,222 |
| Intangible | fixed assets | 38,504 | 38,504 |
| Fixed asset investments | 7,334,762 | 7,334,762 | |
| Current assets | 523,509 | 523,509 | |
| Creditors | due within one year | (146,331) | (146„331) |
| Total | 7,983,666 | 7,983,666 |
| Analysis | of net assets between funds - prior year | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| Tangible | fixed assets | 126,435 | 126,435 |
| Intangible | fixed assets | 40,695 | 40,695 |
| Fixed asset investments | 8,352,771 | 8,352,771 | |
| Current assets | 748,158 | 748,158 | |
| Creditors | due within one year | (381,166) | (381,166) |
| Total | 8,886,893 | 8,886,893 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| F | ||||||||
| Net expenditure for the |
year (as per Statement | of Financial | Activities) | (763,627) | (305,872) | |||
| Adjustments for: |
||||||||
| Depreciation/amortisation | charges | 45,394 | 36,915 | |||||
| (Gains)/Losses on investments |
(123,778) | (638,352) | ||||||
| Dividends, | interests | and | rents | from investments | (88,839) | (78,241) | ||
| Decrease | in stocks | 2,285 | ||||||
| Decrease | in debtors | 129„190 | 124,748 | |||||
| Decrease | in creditors | (234,835) | (143,765) | |||||
| Net cash | used in operating | activities | (1,034,210) | (1,004,567) |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Cash | in hand | 99,974 | 53,548 | ||
| Cash | held | in investment | wrapper | 2,310,050 | 646,437 |
| Total | cash | and cash equivalents | 2,410,024 | 699,985 |
| At 1 | At 31 | |||||
|---|---|---|---|---|---|---|
| February | January | |||||
| 2021 | Cash flows | 2022 | ||||
| F | F | |||||
| Cash | at bank and | in hand | 53,548 | 46,426 | 99,974 | |
| Debt | due within | 1 | year | (25„095) | 8,078 | (17,017) |
| 28,453 | 54,504 | 82,957 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| F | |||||
| Contracted | for but not | provided | in these financial statements | ||
| Acquisition | of intangible | assets | 4,500 |
| cancellable | o | perating leases as follows: |
||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Not later than | 1 year | 2,698 | '/0, 792 | |
| Later than | 1 year and not later than 5 years | 2,698 | ||
| 2,698 | 13,490 |