## 



|||Page|
|---|---|---|
|Governors'<br>Report||1-11|
|Auditors'<br>Report||12-15|
|Statement of Financial|Activities|16|
|Balance Sheet||17|
|Cash Flow Statement||18|
|Notes to the Financial|Statements|19-31|





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|||Unrestnct*d|Restricted|Ead ow ment|Total|Total|
|---|---|---|---|---|---|---|
||Notes|funds<br>6|fuiids|fund<br>6|2022<br>6|2021f|
|INCOME FROM:|||||||
|Chanlable<br>Activities|||||||
|School fees||2,848,665|||2,848,865|3,064.65I|
|Other income|||||||
|Other trading<br>income<br>Oilier acuvnles||555,1D1|||555,101|425 379<br>55 236|
|Investments|||||||
|Investmenl<br>Income||156,169|70,539||226,788|253,641|
|Voluntary sources<br>Grams and donation s||784,037|2,012.,591|10,000|2,806,628|977,254|
|Total mcorne and endowments||4,343,972|2,083.130|10,DDD|6,437,102|4,776,161|
|EXPEROITURE ON:|||||||
|Costs ofraising funda<br>Fundraising<br>and development<br>Other trading<br>costs<br>Other expenditure||216,315<br>350,581<br>i!,568|||216,315<br>35D,561<br>8,568|177081<br>335463<br>483|
|Charitable<br>activities|||||||
|Education||4,271,616|197,478|30,581|4,519,675|4,0g7,787|
|Total expenditure||4,847,080|197,47tl|50,581|5.D95,139|4.610.809|
|Net operating! ncom e/(expenditure(||(503,103I|1,885,652|(40,581)|1,341,963|165953|
|Net gains on investments|||||||
|Net incomei(expenditure)||(503,633(|1,885,652|(781,892(|600127|1156891|
|Transfer<br>between funds|18||||||
|last rnavement<br>in funds||161,815|1,220.204|(781.ti92(|600,127|1,156,891|
|Fund balances braught<br>forward||15,079,922|1,358,322|8,589,210|25,027,454|23 670 563|
|Fund balances camed forward|19,2D|15,241,737|2,578,526|7,807,318|25,62'7,581|25,027,454|





## 

|ANCE SHEET<br> 31 Au<br>ust 2022|||||||
|---|---|---|---|---|---|---|
|||Notes|2022|2021|2022|2021|
||||Getup<br>6|Groupf|Behoof|Schoolf|
|FIIIED ASSETS|||||||
|Tangible<br>assets<br>Irivestmenls||12<br>13|t3,338,719<br>8968 222|13S20,983<br>9767490|13,339,719<br>8,968,222|13.620,983<br>9767490|
|CURRENT ASSETS|||22,307,641|23.386,473|22,387,941|23,3tla,473|
|Stocks<br>Detriora<br>Cash at bank end m hand||14<br>'15|3,778<br>1,607,686<br>2,692,697|2,509<br>298,677<br>2258 821|3,778<br>1,973,879<br>2,304N30|2,509<br>547,659<br>I 994874|
||||4,304,161|2,561,307|4,282,467|2,545 042|
|CREDITORS: Amounts|fa0mg due within one year|18|(692,854)|(530,657)|(671,180)|(514,392)|
|NET CURRENT ASSETSI(LIABILITIES)|||3,611307|2 030650|3611307|2030650|
|TOTAL ASSETSLESS <br>CREDITORS: Amounts|CURRENT LIAIBILITIES<br>falling due after more than one|17|25919,246|25419,123|25,919,249|25,419,123|
|year|||(291,667)|(391,667)|(291,667)|(391,687)|
|Provisions<br>for gablgtlea|and charges||||||
|NET ASSETS|||||||
|FUNDS|||||||
|Reamicted funds<br>Unrestricted<br>tunda —general<br>Unreatricted<br>funds —designated<br>Fixed asset lund||18<br>18<br>18<br>18|2,578,528<br>1,831,474<br>70,544<br>13,339,719|1.356,322<br>1,401,015<br>57,924<br>I3,620,963|2,578,526<br>1,631,474<br>70,544<br>13,339,719|1,358,322<br>1,401,0(5<br>57,924<br>I3.620.983|
|Endowment<br>fund||18|7.807.318|8 589,212|7,807,3ts|8.589.212|





## 

|ear ended 31 Au<br>ust 20|22||||
|---|---|---|---|---|
|CASH FLOW STATENENT||btotes|2022|2021|
||||6||
|Net cash mffow frorn operating<br>scbvities||23|546,645|743408|
|CaSh SOWS frOm inVeating<br>Sctivibes<br>Sairk interest received|||226,708|253,641|
|Paymerlts<br>to acquire fixed assets|||(240,125)|(627,005)|
|Sale proceeds<br>from disposal of|fixed assets|||43 958|
|Paymarits<br>to acquire investments|||||
|Net cash outSow from irvesting|activibes||||
|Financing:|||||
|Loans repaid|||(100,000)|(8,333I|
|Net cash outflow from finandng|activities||||
|increase/(decrease)<br>ln cash|||423,228|390,669|
|Cash and cash equivalents<br>at the<br>begirining<br>ofthe reporting<br>period|||2,282,398|'t,891,729|
|Cash and cash wtutvalents<br>et tile|||||
|end ofthe reporting<br>period|||2,705,826|2,282,398|
|Cash al bank snd on hand|||2,692,697|2,259,921|
|Investments|||12,929|22 477|





|The Yehudi<br>Menuhin<br>School Limited|
|---|
|ACCOUNTING<br>POLICIES|
|for the<br>ear ended 31 Au ust 2022|
|I ACCOUNTING<br>POLICIES|
|Tile Yehodi Menuhin<br>School Limited isa charitable<br>comp*ny limited<br>by guarantee<br>with registered<br>number 00818388, r'egrstemd<br>m England<br>and Wales.<br>its registered<br>oNice is Mitlfreld. Cobham Road. Stake O'Abernon,<br>Cobham, Surrey, KTII 3QO,|
|1.1 BASISOF PREPARATION|
|Ths financial<br>statements<br>have been prepared<br>i~ accordanm<br>with tha Fiitaneal<br>Repomng<br>standard<br>applicable<br>in the UK and Repubkc of Ireland IFRs<br>102) The School and<br>its subsidiaries<br>are a publm<br>benefit<br>entity for the purposes<br>of FRS 102 and therefore<br>the School also prepared<br>rts financial<br>statements<br>in accoidance<br>with<br>the Statement<br>of Recommended<br>Practice<br>applicable<br>to chanties<br>preparmg<br>their accounu<br>in accordance<br>vnth<br>Ihe|
|Financial<br>Reportirlg<br>Standard<br>applicable<br>In Ihe UK and Republic of Ireland<br>IThe FRS 102Chsnties SORP)<br>the Compames<br>Act 2006 and the Charitres<br>Act 2011.|
|The financial<br>statements<br>ara prepared<br>in sterling<br>which<br>is Ihe functioriel<br>corrency of Ihe School, Monetary<br>amounts<br>in lhasa tinanmal<br>slalemenls<br>are<br>rounded<br>to the nearesl<br>pound|
|These financial<br>statements<br>srs prepared<br>on Ihe going coilcem basis, under the histoncsl cost convention<br>as modiged<br>bl Ihe revaluation<br>of investments<br>and<br>in accordance<br>with the Companies<br>Act 2006 and applicable<br>arxmuntrng<br>standards<br>in the Llnrted<br>Kmgdcm. The pdndpal<br>accountrng<br>polioes, which<br>have been applied<br>consistently<br>throughout<br>the year, @reset out below|
|Basis ofconsolidation|
|The Group comprise<br>The Yehudr<br>Menuhm<br>School Limited,<br>YMS Enterprises<br>and YMS China Limited. The assets<br>liabilities<br>and results of tre wholly<br>owned<br>subsidiary<br>companies,<br>YMS Enterprises<br>and YMS China<br>Limited. srs consolidated<br>into these finanoal<br>statements.<br>Summanssd<br>derails ofthe|
|subsidiary<br>companies<br>are set oul<br>in Note 25 end 26. Ag activities as per Consolidated<br>Statement<br>of Flnaneal<br>Ackvilies ISOFAI relate lo continuing<br>opslsdohb|
|1.2 GOING CONCERhl<br>CLIENT TO UPDATE|
|The Govemom<br>fr*vs assessed<br>whether<br>the use ofths going concern basis<br>le*Ipropriat<br>and have considered<br>possible events or condkions<br>m*t might<br>cast signlficant<br>doubt on Ihe abslty ofthe chantable<br>grovp as a going concern<br>The governors<br>have made this assessment<br>for a period ofat leasl are<br>year from Ihe date of approval<br>of tra finanaal<br>statements.<br>In particular<br>the governors<br>have considered<br>the charitable<br>group s forecasts and projections<br>and have taken account of pressures<br>on fes Inccrne and fundraised<br>mneme<br>in Ihe current economic dimeter. The governors<br>have co~eluded<br>that there<br>ls s reasonabte<br>expectsticn that the charitable<br>group h*sadequate<br>resources<br>to contmue<br>in operational<br>existence for the foreseeable future.|
|As such the School can expect to be able lo meet its lisbigdes as they fag due<br>in the period of at least 'l2 months<br>from the date ofapproval<br>of these<br>accounts.|
|On tres basis Ihe Governors<br>have concluded<br>that the Schoo! is a going mncem<br>The finencie! statements<br>do nol mcluda any adjustments<br>that would<br>resu0 from etc group nol being able to meet its liabilities ss they fall du*.<br>Governors|
|1.3 COMPANY<br>LIMB ED BYGUARANTEE|
|The charitable<br>company<br>le smited<br>by guarantee<br>lo dte extent of 01each from lhe guarantors<br>at Ihe present time, being the<br>ofTh* school|
|1.4 FEES RECEIVABLE AND SIMILAR ILICOME|
|Fees receivable<br>comprise<br>tuition fees paid by parents,<br>grants towards fees fi'om the Department<br>for Edumcon<br>through<br>the Music and Dence scheme<br>and tha parenml<br>cordrlbutrons.<br>Fees receivable<br>end charges for sennces<br>and use of pmmlses<br>are accounted<br>fcr in Ihe period<br>In which the s*rvlce Is<br>provided,|
|1.6 GOVERNMENT GRANTS RECEIVABLE|
|Government<br>grants received<br>In respect of pupss' fees and other grants are mended<br>within income<br>in the year to which they relate.|
|1.6 BURSARY FUNDS|
|The Seiocl receives some ofits irrcorne<br>pnmarlly<br>for Ihs provisioil ot scholarships,<br>bursa ries snd prizes. These amounts<br>are held wnhin<br>reslrikded<br>funds.|
|1,7 DONATIONS<br>AND LEGACIES|
|Donakons<br>receivable<br>For the general<br>purpose<br>ofthe Chsrgy are oedited to 'unrestricted<br>funds'.<br>Donetrcris<br>for pumoses<br>restricted<br>by the wishes<br>of the<br>donar are laken to 'restricted<br>furlds' where these wishes are legally<br>bin dmg on the govemonk<br>Donations<br>required<br>tc be retemed es capssi<br>m accordance<br>withth*donor'svnshesweaccou<br>tedforns'endo<br>W'—penriene to expendables<br>dl gtc the nature ofthe<br>cslrlcscn.|





## 



## 

|||||||2022|202I|
|---|---|---|---|---|---|---|---|
||Unrestricted<br>funds|||||784,037|347,677|
||Resbictsd funds|||||2,012,59I|609.577|
||Ensnared<br>fultds|||||10,000|20,000|
||Donations<br>and grants|||||2,806,628|977,254|
|7|EX PENOITU<br>RE|||Staff costs|||Total|
|||||jnote 8)<br>f|Other<br>E|Deprecltttio ~|2022f|
||Costs ol raising funds|||||||
||Drecl fundrareng|casts||200,2S2|16,033||2I6,315|
||Direct trading<br>expendhure||costs|209,708|140,873||350,581|
||Qthersxpenditure||||8,568||s,sss|
|||||409,990|165,474||375,464|
||0he rite his expenditure<br>Teaching|||1,833,776|102,983|82,331|2,019,090|
||Welfare|||323,029|173,709||496,738|
||Premises snd Estates|||191,090|553,775|439,057|1,163,922|
||Admlnlstrabon|||408,068|373.326||78I,394|
||Governance||||38,531||38,53t|
|||||2,755.963|1,242,324|521,388|4,519,675|
||TotsI Expenditure|||3,165,953|1,407,798|521,388|5,095,I39|
||||||||Total|
|||||staf rxrsts|Other|~eprecration|2021|
|||||E|E|f|E|
||Casts of raising funds|||||||
||Dltact hlhdrnlslhg|casts||170,020|7,061||177,087|
||Direcri trading<br>expenditure||costs|159.599|175,859||335,458|
||Omsr expenditure||||403||483|
|||||329,619|183,403||513,012|
||Charitable<br>ex pend<br>Teaching|nure||\,847,835|84,216|67,711|1,939,762|
||Welfare and Caferlltg<br>Premises|||307,805<br>tan,ses|109,343<br>377.322|1,525<br>396,705|418,673<br>943,431|
||Admlmstrabar|||425,532|271,341||696,873|
||Fmanre|||||||
||Governance||||38,998||3f!,988|
|||||2,750,636|881,210|465941|4 097737|
||Total expenditure|||3,080,255|1,064,613|465,941|4,610,609|





## 

|h|e<br>ear ended 31 Au|e<br>ear ended 31 Au|cat 2022|||||||
|---|---|---|---|---|---|---|---|---|---|
||Other Governance<br>Costs||include'|||||2022|2021|
|||||||||5||
||Auditors'<br>remuneiaaon|||||||||
||-Audit Fees<br>—Accountancy<br>Fees<br>- under provisiort<br>from prevcus year<br>- Other fees|||||||23,680<br>7,182<br>742<br>5,238|26,094<br>6,540<br>5,173<br>5,803|
|8|STAFF COSTS|||||||2022f|2021|
||Wages and satanas<br>Social secunty costs<br>Other pension casts<br>08ier stsff coals|||||||2,236,705<br>224,678<br>352,327<br>352,163|2,037,532<br>206,325<br>335.943<br>447 455|
||The average<br>monthly|number cfemployees||during||the year was as fcfiows||2022|2021|
||Teschirig|||||||No.<br>30|No.<br>29|
||Non-teaching|||||||43|41|
|||||||||73|70|
||The number of employees<br>whose emoluments<br>560,000 m Ihe year wes as follows||||amounted||toaver|2022|2021|
||500,000 - E70.000<br>570,001 -580,000<br>f80,001 —f90,000<br>ElX,001 - E110.000|||||||No.<br>I<br>2<br>1|Nc.<br>2<br>2<br>1|





## 




## 

||||Investment|Listed|||
|---|---|---|---|---|---|---|
||||Pmpfirty|Investments|2022|2021|
||||||6||
|Coat/valuation<br>Al 1 September 2021<br>Addibcns<br>In vestment<br>management<br>expenses<br>Gains/(Losses)<br>arisltig from movements||in valuabons|422.854|9,344,630<br>10,000<br>(67,432)<br>(741,a3s)|9,767,490<br>10,000<br>(67,432)<br>(741,838)|0,804,972<br>20,000<br>(40,II21)<br>991,539|
|Cosuvslu*tiun|At 31 August 2022||422054|0545308|0968222|~767490|
|l.liston ccost at|31 August 2021|||5 819673|5619573|5507666|
|UK equities<br>Property<br>Cash|||422,054|8,532,439<br>12,929|8.532,439<br>422,054<br>12,929|9,322,157<br>422,654<br>22 470|
||||422.854|l!,545,36!!|8,96(!,222|9,767,49D|



## 

|14|STOCK||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||General Stock||||3,770|2,509|
|15|DEBTORS||||||
||||2022|2021|2022|2D21|
||||Grotlp|Group|School|School|
||||6|S|6|6|
||Fees and extras<br>Less provision<br>for doubfful debts<br>Other debtors||81,332<br>(17,100)|152,141<br>(5,566)<br>6,567|51,698<br>(14,750)|131,063<br>6,667|
||Prepaym ants and accrued income||1,543,543|143,635|1,543,4S7|143,835|
||Amount due from graup undertaking||||393,440|266,2/4|
||||1007 687|298,077|1,973,079|547,659|





## 

||Amounts|falling due within|falling due within|falling due within|one year.|2022|2021|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Group<br>6|Gmupf|School|School|
||Loans|||||100,000|100,000|'100,000|100,000|
||Trade cmditom|||||96,140|79,41 7|96,140|79,417|
||Taxelror<br>and social sscuitty costs<br>Fee Deposits|||||57,303<br>60,327|50,654<br>48,317|57,303<br>60,327|50,664<br>48 317|
||~eferred|income|end|Fees in advance||220,042|146,601|219,392|145,103|
||Other creditors|||||16,521|4,049|11,193|4 04g|
||Accmals|||||142,522|101,517|126,825|86,842|
||Ant cunt due lo group|||unde|deking|||||
|||||||692,855|530,655|5'/1 180|514392|
||Deferred|income.||||||2022|2021|
|||||||||8||
||Brought forwaNv|||||||146,69't|390.360|
||Released|in year||||||(146,691I|(390360)|
||Deferred|tee Income for Autumn<br>Tem||||||219,392|145,103|
||Deferred|income|donated|||||||
||Deferred|income|fees|||||ese|1 588|
||Gamed forwards|||||||220,042|146691|
|17|CREDITORS DGE AFTER ONE TEAR|||||||||
|||||||||2022|2021|
|||||||||School|School|
|||||||||5 Groupf|& Group|
||Amounts<br>falling due after <br>Bsnkloan||||mare than one year|||291,667|391,667|
|||||||||2022|2021|
|||||||||School|School|
|||||||||8 Group<br>3|5 Groupf|
||Amounls<br>Bank|falling<br> loan|due a8er||more then one year|||20haey|391 667|





## 

|TES TO THE FINANCIAL STAT<br> the<br>ear ended 31 Au<br>uat 2022|EMENTS|||||||
|---|---|---|---|---|---|---|---|
|18 STATEMENT OF FUNDS||||||||
||Al 1||||Transfer|||
||September||||Between|Ge,nsl|Al 31 Au(ical|
||2021|Income<br>f|ExPenditure|E|Funds<br>E|(losses)<br>E|E|
|Unrestricted<br>funds:||||||||
|General reserve|1,401,015|4,343,972|(4,325,692)||412,704|(525)|1,831,474|
|Designated<br>fund:||||||||
|Weasce Curzcn<br>Designated<br>Bumary Fund|4,550<br>53,374||||12,620||4 550<br>65,994|
|Tots!designated|57 tl24||||12 620||70544|
|Ftxed Asset Funds|13620 983||||240 124||13339719|
|Restricted<br>funds:||||||||
|Bursary Funds<br>Other Restr cled Funds|I 256,950<br>101,372|1,894,865<br>I66,265|(197.479)||(r)62,846)<br>(2,600)||2,486.967<br>il9,559|
|Total raslrl cled|||||||2 578 526|
|Endowmentfunde:||||||||
|Permanent<br>Endowntents<br>Expendable<br>Endowments|2,378,759<br>6,210,451|10.000|(17,013)<br>(33,568)|||(249,427)<br>(491,884)|2 122319<br>5,684,999|
|Total endowment|8580210|||||||
|Total funda|26,027,454|6,437,102|(5,D95,139)|||(741,838)|25,627,581|
|Unrestricted<br>fund~:|At I<br>Beptembsr<br>2020<br>E|Income<br>E|Expenditure||Transfer<br>Between<br>Fundsf|Gainer<br>(losses)<br>E|At 31 August<br>2021|
|General reserve|1,057,267|4,061,697|(3,907,613)||189,663||1,401,015|
|Designated<br>fund:||||||||
|Wdlecs Curlcn<br>~esignated<br>Bursary Fund|4,550<br>53,374||||||4,550<br>53,374|
|Total designated|57924||||||57 924|
|Fixed Asset Funds|13473117||||613806||13 610983|
|Restricted fundat||||||||
|Bursary Funds<br>Giber Restricted Funds|1,322,463<br>333101|504,044|||(560,5571||1,256,950<br>101372|
|Total restricted|I 655 554||||||1 358322|
|Endcwrnentfunds.||||||||
|Pemtanent<br>Endowments<br>Expendable<br>Endowmenls|2,034,543<br>5,592,149|20,DDQ|(13,646)<br>(35,3731|||337,862<br>653,677|2.378,759<br>6,210,451|
|Totalendo<br>ent|7 626 692|||||991.539|8,589210|
|Total funds|23 870 564|||||991.539|25,027,454|





## 

||~nrestrlcted|Restncted|Permanent|Expendable|2022|
|---|---|---|---|---|---|
||fiiitds|funds|Endowment|Endowment|Total|
|Tangible fixed assets<br>InvestmentS<br>Current assets|13,339719<br>535,941<br>2,350,598|624 963<br>1,953,563|2 122,319|5.M4.999|13,339,719<br>8,986,222<br>4,304,161|
|Current<br>liabilities|(592,854I||||(692,854)|
|Long term fiabtttttes|(291,667]||||(291,667)|
|Total net assets|15241,737|2.578.526|2,122,319|5,634,999|25,627,581|
||Unrestricted|Rcstnded|Pem anent|Expendable|2021|
||funds|fiinds|Endowment|Endowment|Total|
|||6|6|6|6|
|Tangible<br>tixwl assets<br>Inveatniahta|13.620,983<br>553.315|624,963|2,378.759|6,210,453|13,620,983<br>9767490|
|Net current assets|1.297,291|733,359|||2,030,650|
|Long lerm liabilities|(391,66'rf||||(391,667(|
|Total net assets|15,079,922|1,358,322|2,378,759|6,210,453|25 027,456|





## 

## 

## 

|NOTES TO THE CASHFLOW STATEMENT|||||
|---|---|---|---|---|
|Reoonciliatiorl<br>ofoperating<br>result to nel cash inflow fram|||2022<br>E|2021|
|rrperseng<br>activities|||||
|Net mcvemenl<br>in funds<br>(Garnsyloss<br>on mvestments<br>Depreciation<br>Drvrdends<br>end interest received<br>Profit/(Loss)<br>on sale of Fixed Assets|||600,127<br>741,836<br>521,369<br>{226,708)|1.155,892<br>(991,559)<br>465,941<br>(253,641)<br>30,758|
|Increase/(Decrease)<br>I~ creriitcrs<br>(Increase)/Decrease<br>m debtors|||162,197<br>(1,250,926)|(359,142)<br>727,963|
|Decrease/(tncmsse)<br>m stocks|||(1,269)|1,176|
||At 1September<br>2021|Cashflows|Other non-cash<br>changes|At 31<br>AI/gus12022|
|Cash and cash equivalents||6|||
|Cash-inhend<br>- investmenta|2 259 921<br>22,4/7|432,776<br>(9,548)||2,692,697<br>I2,929|
||2,282.396|423,228||2,705,626|
|Solycwings|||||
|Debt due within cne year<br>Debt due after one year|(100,000)|100.000|(100000)<br>100000|(100000)<br>~291667|
||(491,687)|I00,000||(391,867)|
|Total|1 790 731|523 228||2313959|





## 

## 

|The fmancial statements|of YMS Enlsrpnses<br>for the year to 31 August 2022 showed|the following<br>positron||
|---|---|---|---|
||||AI I|
|||At 31 August<br>2022|September<br>2021|
|BALANCE SHEET|||E|
|current Assets||||
|Cash at bank and<br>in hand||154,279|66BI67|
|Debtors||20,949|17,492|
|Creditors: amounts<br>fallntg due wrlhirt one year||(175,227)|(94359)|
|TOTAL NET ASSETS||||
|RESERVES||||
|Profit end lass account||||
|PROFIT AND LOSS ACCOUNT||||
|Turnover||166365|146,569|
|Operating<br>costs||(89.676)|(43,747)|
|GROSS PROFIT||96,707|102,622|
|Administrative<br>expenses||(37,151|(26,061)|
|Profit ir year||59,556|74,761|
|Retained<br>profit brought|forward|||
|Amount<br>distributed<br>to YMS under Grk Ard||(59,556)|(74,761)|
|RETAINED PROFIT||||





## 

## 

|The financial statements||ofYMS Ohms Ifmited for the year|Io 31 August 2022 showed the following poetian:|||
|---|---|---|---|---|---|
|||||At 31 August<br>2022|At I<br>September<br>2021|
|BALANCE SHEET||||||
|Current Assets||||||
|Cash at bank and<br>iri hand||||233588|188,180|
|Debtors||||6 250||
|Craditom<br>amounts<br>falling <br>TOI'AL NET ASSETS||due within one year||(239,838)|(108,180)|
|RESERVES||||||
|ProFitend<br>lass account||||||
|PROFIT AND LOSSACCOUNT||||||
|Twnaver||||256,250|250,000|
|Operating casts|||||(20,472)|
|GROSS PROFIT||||256.250.00|220,528|
|Administrative<br>expenses<br>Profit in year||||(54 53800)<br>201,712.00|(48 015)<br>172,514|
|Retained<br>(losel brought|farward|||||
|Amount<br>distributed<br>to YMS under Gift Aid||||(201,712)|(172,514)|
|RETAINED PROFIT)(I.OSS)||||||