REGISTERED CHARITY NUMBER: 503652
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Friends of Airedale General Hospital
Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Friends of Airedale General Hospital
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Cash Flow Statement | 7 | ||
| Notes to the Cash Flow Statement | 8 | ||
| Notes to the Financial Statements | 9 | to | 16 |
| Detailed Statement of Financial Activities | 17 |
Friends of Airedale General Hospital
Report of the Trustees for the Year Ended 31 March 2023
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES Charity's Aims and Strategies
The Charity objectives are:
"TO RELIEVE PATIENTS AND FORMER PATIENTS OF THE HOSPITAL WHO ARE SICK, CONVALESCENT, DISABLED, HANDICAPPED OR INFIRM AND, GENERALLY, TO SUPPORT THE CHARITABLE WORK OF THE SAID HOSPITAL"
The charity is established to improve the patient experience whilst in hospital by providing volunteers and the purchase of equipment. This therefore enables a more holistic approach to the patient experience.
Membership of the Charity is open to anyone over the age of 16 years but is subject to an interview with the Voluntary Services Manager. Compliance with the Trust's rules and organisation, which includes the DBS check, and two satisfactory references are also required.
The strategy to achieve the Charity objectives is to fundraise and raise the profile of the charity. The main vehicle used for fundraising is the shops that the Charity runs within the hospital premises. One is in the main entrance and the other in the outpatient's department.
The Charity is active on social media operating both a Facebook page and a Twitter account. The charity also has a website.
Significant activities
The charity is involved in several separate activities within the hospital.
The following is a brief description of some of the activities:-
Retail Outlets
The two outlets in the hospital sell a range of sweets, cold and hot drinks, snacks and a range of toys, fancy goods and toiletries. The diversity of stock also enables the shops to be utilised by visitors, patients and staff alike. Seasonal and cultural events are also catered for.
The Charity continues to support the Hospital in implementing its healthy eating strategy by remerchandising the shops with healthier eating options, which has assisted the Hospital to achieve CQIN targets.
Guides and Information
The Guide's section is based in the Outpatient reception area and assists patients and visitors around the hospital. Whether this is for an appointment or to visit a patient on a ward a friendly welcome is given to all, and assistance provided.
Dignity Room
The Dignity Room provides day clothes for patients who find themselves in hospital with just their night clothes. The service provides clothing items ranging from under clothes to jogging bottoms.
Ward Trolley Service
The charity has a trolley service / mobile shop which visits wards in the hospital. This has run on a Monday to Friday basis selling a range of sweets, drinks and toiletries. The trolley provides a valuable service to staff and in-patients. .
Car Boot Sales
Car boot sales are held monthly on a Sunday morning during the summer months. Located in the hospital grounds these are popular and raise funds for the charity.
Page 1
Friends of Airedale General Hospital
Report of the Trustees for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES
Public benefit
The trustees believe that the charity meets the requirements of the public benefit test as the objectives of the charity are to provide relief and support to any patient of Airedale General Hospital which is an NHS hospital open to all members of the public.
FINANCIAL REVIEW
Review of the year
The charity controls all expenditure and other than the grants already approved and awaiting delivery, overheads and contingency, are not committed to any further expenditure other than that covered by the charity's objectives.
The charity is in a much stronger position than that of the previous year. This can be illustrated by comparing the net income for year-ended 2021-22 of £36,661 to £121,378 in 2022-23.
The trustees look forward to embracing the opportunities to continue with the charity's support of the hospital with enthusiasm and positivity.
Funding Applications
The charity has a process for all funding applications, and requests must be submitted from hospital departments or from individuals working at the hospital. These applications are then collated by the Voluntary Services Manager who then presents each individual request to the board of Trustees at one of the bi-monthly Trustees meetings.
Applications are reviewed rigorously by the Trustees to ensure that they meet the requirements of the Charity's constitution. The outcome of all applications is noted in the meeting minutes and successful funding requests are then processed.
Donations
During 2022-23 the Charity has continued to run the Dignity Room, fund newspapers and magazines for the Haematology/Oncology Day Unit (HODU) and donate £10,000 to the refurbishment of the unit. The Charity continues to sponsor the Voluntary Services Team.
STRUCTURE, GOVERNANCE AND MANAGEMENT Constitution and Governance
The Executive Committee is made up of members of Friends of Airedale, and act as Trustees of the Charity. None of the Trustees have any beneficial interest in the Charity and are all volunteers registered with the Airedale NHS Foundation Trust, only receiving reimbursement of expenses incurred on behalf of the Charity.
The Trustees are elected to their positions by members at the annual general meeting.
The Trustees were pleased to welcome Teresa Canny, Val Hargreaves and Kathryn Ruane to the Executive Committee during the 2022-23 fiscal year.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
503652
Principal address
Airedale General Hospital Steeton Keighley West Yorkshire BD20 6TD
Page 2
Friends of Airedale General Hospital
Report of the Trustees for the Year Ended 31 March 2023
Trustees
Miss A Dixon Acting Chairman Mrs E Proud (resigned 28.12.22) Mr J Lofthouse (resigned 21.4.23) Mrs C Smithies (resigned 10.3.23) Mr R Bateson (resigned 10.5.22) Mrs J Airdrie Mrs J Turner Mrs S Ingham K Ruane (appointed 4.10.22) T Canny (appointed 4.10.22) V Hargreaves (appointed 4.10.22)
Independent Examiner
Mr R Stratton Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Bankers
Barclays Bank plc North Street Keighley West Yorkshire BD21 3SA
Approved by order of the board of trustees on 21 August 2023 and signed on its behalf by:
Miss A Dixon - Trustee
Page 3
Independent Examiner's Report to the Trustees of Friends of Airedale General Hospital
Independent examiner's report to the trustees of Friends of Airedale General Hospital
I report to the charity trustees on my examination of the accounts of Friends of Airedale General Hospital (the Trust) for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr R Stratton The Institute of Chartered Accountants in England and Wales
Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
11 October 2023
Page 4
Friends of Airedale General Hospital
Statement of Financial Activities for the Year Ended 31 March 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 55,004 Other trading activities 3 474,435 Investment income 4 608 Total 530,047 EXPENDITURE ON Raising funds 5 378,679 Charitable activities 6 Patient benefits 59,548 Total 438,227 NET INCOME 91,820 RECONCILIATION OF FUNDS Total funds brought forward 109,549 TOTAL FUNDS CARRIED FORWARD 201,369 |
Restricted funds £ 31,995 - - 31,995 - 2,437 2,437 29,558 8,875 38,433 |
31.3.23 Total funds £ 86,999 474,435 608 562,042 378,679 61,985 440,664 121,378 118,424 239,802 |
31.3.22 Total funds £ 19,582 359,701 451 |
|---|---|---|---|
| 379,734 | |||
| 288,773 54,300 |
|||
| 343,073 | |||
| 36,661 81,763 |
|||
| 118,424 |
The notes form part of these financial statements
Page 5
Friends of Airedale General Hospital
Balance Sheet 31 March 2023
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 10 985 CURRENT ASSETS Stocks 11 11,115 Debtors 12 57 Cash at bank and in hand 236,477 247,649 CREDITORS Amounts falling due within one year 13 (47,265) NET CURRENT ASSETS 200,384 TOTAL ASSETS LESS CURRENT LIABILITIES 201,369 NET ASSETS 201,369 FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - - 38,433 38,433 - 38,433 38,433 38,433 |
31.3.23 Total funds £ 985 11,115 57 274,910 286,082 (47,265) 238,817 239,802 239,802 201,369 38,433 239,802 |
31.3.22 Total funds £ 3,531 6,707 92 198,736 205,535 (90,642) 114,893 118,424 118,424 109,549 8,875 118,424 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 21 August 2023 and were signed on its behalf by:
Miss A Dixon - Trustee
The notes form part of these financial statements
Page 6
Friends of Airedale General Hospital
Cash Flow Statement for the Year Ended 31 March 2023
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Interest received Net cash provided by investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
31.3.23 £ 75,566 75,566 608 608 76,174 198,736 274,910 |
31.3.22 £ 15,006 |
|---|---|---|
| 15,006 | ||
| 451 | ||
| 451 | ||
| 15,457 183,279 |
||
| 198,736 |
The notes form part of these financial statements
Page 7
Friends of Airedale General Hospital
Notes to the Cash Flow Statement for the Year Ended 31 March 2023
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2.
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| £ | £ | ||
| Net income for the reporting period (as per the Statement of Financial | |||
| Activities) | 121,378 | 36,661 | |
| Adjustments for: | |||
| Depreciation charges | 2,546 | 3,249 | |
| Interest received | (608) | (451) | |
| (Increase)/decrease in stocks | (4,408) | 40 | |
| Decrease/(increase) in debtors | 35 | (11) | |
| Decrease in creditors | (43,377) | (24,482) | |
| Net cash provided by operations | 75,566 | 15,006 | |
| ANALYSIS OF CHANGES IN NET FUNDS | |||
| At 1.4.22 | Cash flow | At 31.3.23 | |
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 198,736 | 76,174 | 274,910 |
| 198,736 | 76,174 | 274,910 | |
| Total | 198,736 | 76,174 | 274,910 |
The notes form part of these financial statements
Page 8
Friends of Airedale General Hospital
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost Plant and machinery - 20% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 9
Friends of Airedale General Hospital
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 2. DONATIONS AND LEGACIES Donations 3. OTHER TRADING ACTIVITIES Shop income 4. INVESTMENT INCOME Deposit account interest 5. RAISING FUNDS Other trading activities Purchases Volunteer expenses Sundries Training Repairs and renewals Wastages Bank charges Shop Licence Fee Depreciation 6. CHARITABLE ACTIVITIES COSTS Direct Costs £ Patient benefits 58,711 |
31.3.23 £ 86,999 31.3.23 £ 474,435 31.3.23 £ 608 31.3.23 £ 292,735 9,280 7,622 139 2,228 957 11,573 51,599 2,546 378,679 Support costs (see note 7) £ 3,274 |
31.3.22 £ 19,582 31.3.22 £ 359,701 31.3.22 £ 451 31.3.22 £ 212,745 7,336 5,370 (636) 942 600 8,321 50,846 3,249 288,773 Totals £ 61,985 |
|---|---|---|
continued...
Page 10
Friends of Airedale General Hospital
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
7. SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Patient benefits | 3,274 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 14,812 Other trading activities 359,701 Investment income 451 Total 374,964 EXPENDITURE ON Raising funds 288,773 Charitable activities Patient benefits 54,300 Total 343,073 NET INCOME 31,891 Transfers between funds 1,500 Net movement in funds 33,391 RECONCILIATION OF FUNDS Total funds brought forward 76,158 TOTAL FUNDS CARRIED FORWARD 109,549 |
Restricted funds £ 4,770 - - 4,770 - - - 4,770 (1,500) 3,270 5,605 8,875 |
Total funds £ 19,582 359,701 451 |
|---|---|---|
| 379,734 | ||
| 288,773 54,300 |
||
| 343,073 | ||
| 36,661 - |
||
| 36,661 81,763 |
||
| 118,424 |
continued...
Page 11
Friends of Airedale General Hospital
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
10. TANGIBLE FIXED ASSETS
| 10. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Improvements | |||||
| to | Plant and | ||||
| property | machinery | Totals | |||
| £ | £ | £ | |||
| COST | |||||
| At 1 April 2022 and 31 March 2023 | 66,273 | 67,086 | 133,359 | ||
| DEPRECIATION | |||||
| At 1 April 2022 | 66,273 | 63,555 | 129,828 | ||
| Charge for year | - | 2,546 | 2,546 | ||
| At 31 March 2023 | 66,273 | 66,101 | 132,374 | ||
| NET BOOK VALUE | |||||
| At 31 March 2023 | - | 985 | 985 | ||
| At 31 March 2022 | - | 3,531 | 3,531 | ||
| 11. | STOCKS | ||||
| 31.3.23 | 31.3.22 | ||||
| £ | £ | ||||
| Stocks | 11,115 | 6,707 | |||
| 12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.3.23 | 31.3.22 | ||||
| £ | £ | ||||
| Trade debtors | 57 | 92 | |||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.3.23 | 31.3.22 | ||||
| £ | £ | ||||
| Trade creditors and accruals | 19,811 | 42,992 | |||
| Social security and other taxes | 6,454 | 4,766 | |||
| Committed costs | 21,000 | 42,884 | |||
| 47,265 | 90,642 |
continued...
Page 12
Friends of Airedale General Hospital
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
14. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Ward 10 Ward 13 Gardens Ward 4 Ward 7 Cancer Support Maternity Critical Care Unit Endoscopy - Ward 8 Haematology and Oncology Day Unit Urology Aire Unit Xray department Courtyards TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Haematology and Oncology Day Unit Aire Unit Courtyards TOTAL FUNDS |
At 1.4.22 £ 109,549 554 1,000 58 720 115 250 1,381 97 200 - 200 - 300 4,000 8,875 118,424 Incoming resources £ 530,047 2,395 29,600 - 31,995 562,042 |
Net movement At in funds 31.3.23 £ £ 91,820 201,369 - 554 - 1,000 - 58 - 720 - 115 - 250 - 1,381 - 97 - 200 80 80 - 200 29,600 29,600 - 300 (122) 3,878 29,558 38,433 121,378 239,802 Resources Movement expended in funds £ £ (438,227) 91,820 (2,315) 80 - 29,600 (122) (122) (2,437) 29,558 (440,664) 121,378 |
|---|---|---|
continued...
Page 13
Friends of Airedale General Hospital
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.4.21 in funds £ £ Unrestricted funds General fund 76,158 31,891 Restricted funds Ward 10 554 - Ward 13 1,000 - Gardens 58 - Ward 4 250 470 Ward 7 115 - Cancer Support 250 - Maternity 1,381 - Critical Care Unit 97 - Endoscopy - Ward 8 200 - Urology 200 - Airedale Golden Celebration 1,500 - Xray department - 300 Courtyards - 4,000 5,605 4,770 TOTAL FUNDS 81,763 36,661 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 374,964 Restricted funds Ward 4 470 Xray department 300 Courtyards 4,000 4,770 TOTAL FUNDS 379,734 |
Transfers between At funds 31.3.22 £ £ 1,500 109,549 - 554 - 1,000 - 58 - 720 - 115 - 250 - 1,381 - 97 - 200 - 200 (1,500) - - 300 - 4,000 (1,500) 8,875 - 118,424 Resources Movement expended in funds £ £ (343,073) 31,891 - 470 - 300 - 4,000 - 4,770 (343,073) 36,661 |
|---|---|
continued...
Page 14
Friends of Airedale General Hospital
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Ward 10 Ward 13 Gardens Ward 4 Ward 7 Cancer Support Maternity Critical Care Unit Endoscopy - Ward 8 Haematology and Oncology Day Unit Urology Airedale Golden Celebration Aire Unit Xray department Courtyards TOTAL FUNDS |
At 1.4.21 £ 76,158 554 1,000 58 250 115 250 1,381 97 200 - 200 1,500 - - - 5,605 81,763 |
Net movement in funds £ 123,711 - - - 470 - - - - - 80 - - 29,600 300 3,878 34,328 158,039 |
Transfers between funds £ 1,500 - - - - - - - - - - - (1,500) - - - (1,500) - |
At 31.3.23 £ 201,369 554 1,000 58 720 115 250 1,381 97 200 80 200 - 29,600 300 3,878 |
|---|---|---|---|---|
| 38,433 | ||||
| 239,802 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Ward 4 Haematology and Oncology Day Unit Aire Unit Xray department Courtyards TOTAL FUNDS |
Incoming resources £ 905,011 470 2,395 29,600 300 4,000 36,765 941,776 |
Resources Movement expended in funds £ £ (781,300) 123,711 - 470 (2,315) 80 - 29,600 - 300 (122) 3,878 (2,437) 34,328 (783,737) 158,039 |
Resources Movement expended in funds £ £ (781,300) 123,711 - 470 (2,315) 80 - 29,600 - 300 (122) 3,878 (2,437) 34,328 (783,737) 158,039 |
|---|---|---|---|
| 34,328 | |||
| 158,039 |
Page 15
continued...
Friends of Airedale General Hospital
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 16
Friends of Airedale General Hospital
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| 31.3.23 | 31.3.22 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 86,999 | 19,582 |
| Other trading activities | ||
| Shop income | 474,435 | 359,701 |
| Investment income | ||
| Deposit account interest | 608 | 451 |
| Total incoming resources | 562,042 | 379,734 |
| EXPENDITURE | ||
| Other trading activities | ||
| Purchases | 292,735 | 212,745 |
| Volunteer expenses | 9,280 | 7,336 |
| Sundries | 7,622 | 5,370 |
| Training | 139 | (636) |
| Repairs and renewals | 2,228 | 942 |
| Wastages | 957 | 600 |
| Bank charges | 11,573 | 8,321 |
| Shop Licence Fee | 51,599 | 50,846 |
| Plant and machinery | 2,546 | 3,249 |
| 378,679 | 288,773 | |
| Charitable activities | ||
| Patient benefits | 39,901 | (87) |
| Sundries | 122 | - |
| Clothes for dignity | 2,398 | 112 |
| Postage and stationery | 1,878 | 339 |
| Telephone and broadband | 561 | 610 |
| Support staff costs | 13,851 | 50,095 |
| 58,711 | 51,069 | |
| Support costs | ||
| Governance costs | ||
| Insurance | 2,229 | 2,152 |
| Independent examination | 1,045 | 1,079 |
| 3,274 | 3,231 | |
| Total resources expended | 440,664 | 343,073 |
| Net income | 121,378 | 36,661 |
This page does not form part of the statutory financial statements
Page 17