REGISTERED CHARITY NUMBER: 506037 R•p•rt ol th• TfU•t••• qnd Unaudlt•d Flnandal Stahm•nls f•r th• Y•ar End•d 31 M(ti¢h 2024 B•wdoft Communlty ASS109 Harts Llmll¢d We5trnlftster Hous• l O We51mins*•r Roud Moccle511eld Cheshire SKIO IBX
Bowdon Community As$o¢ialion Cont•nls of th• Flnon¢lal Slat•m•nti lor th• Yeai End•d 37 March 2024 Pag• R•port ol th• Tiu•l••* Ind•p•nd•nt Examln•f's Report Stot•m•nl •f Fln•n¢lal A¢llvlll•• BalaTrÉ• Sh• Not•s lo th• Flnonflql 51ohm•nti Dthll•d Siot•ffl•nl of Flnan¢ldl Adlvlrf•i
Bowdon Communlty Associalion Report ol th• Truiteei tor th• Y•qr End•d 31 March 2024 Th• INSI5 present th?Ir report with th• flnunclal statèments of th• charlty for lh• y•ar ended 31 Morth 2024. Tha trust?es h¢v• udopted the proY151ans of A<¢ountlng and Rfjportlng by Ch¢rlt1•5: Statem•nl of Rtrcornrnended Pr¢crf¢è appllcable to thorltles preporlng the5r occ¢)urts In uccordance wlth th? Flnonclgl Reportlng Stondord oppllcablè In the UK and Rèpubllc of Ireland IFRS 10211?ffe¥XlY• l Junuary 20191. 06JECTIVES AND ACTIVITIE5 Obl•¢trlv•4 and olm Th• obl•cts of the churity ar• set out In the tharlty'i gov•mlng documénts ond ar• wmmorls•d a5 follow%. To prornol• th• b•neflt of th• inhgbitants of Bowdon, Altrincham and Hale ond th• nelghbourhood wlthoui dlstlnctlon of sex or ol polltlcal, rellglous or ather oplnlons by assoclotlng the local outhorlrfes, volunlory ¢rganlsollons and Inhabltants In q c¢)mmon •ffort to advan¢* •d4JCatl¢)n Qnd prts¥ld• focllltl•¥ In the lrf•r•sts ol aodal w•lf•re for th• Y•cr•otl and hlwr• tlm? occupat1¢ wlth the obl•¢t of lrnprovlnq the cond1t1¢$ of Ilf• for the 5ald Inh¢bltant5. Our obj•cllv•i Our obl•ctlv•i or• s•t to refl•tt wr communliy alms. Eoth y•ar tyJr Iruslmj r•¥l•w our obl•dlv•s and acllvltl•s to ensur• th•y continu• to accurately r•fl•ct our olms. In carnylng thli r•vl•w th• truit•w hov• consld•r•d th• Chorlty Commlulon's g•n•rul quld¢n¢e on public b¢n¢ili. We itrlv• to mak• our communlty c•ntr• an accesilbl• and wtlcornlng venv•. An Important purt of tyjr 5trat•gy Is MUnIty •ngog•m•nl. oll of our odlvltl•s tsi• odvert5s•d ond we •ncourog• Imer group partlclpotion. Pybll¢ b•n•flt Our communlty c•ntr• provld•s a vqlyabl• •dLratlonal ond recreotlonal r•sourc• to all In our local con1nlty. Th• rooms ar• ovallabl• for ui? by local Grovpi, orgonliotloni ond IndlvSduol%. W• mak• no •xceptlon for rac•, colovr, creed, i•xuol arl•ntotl+)n or ag•. V•lunt••rs W? would Ilk• to utlllse thli Import¢nl r•source and It Is our Inlentlon ov•r the next 12 month3 lo obtaln advlce and guldanc• from Communlty Matt•rs ond l¢¢ol voluntary organisolls as to how to promot• th• ntr• to ihai• Int•r•st•d In volwtary w•rk. Page I
Bowdon Community Alsociation R•port of th• Trust¥ tor the Y•41 End•d 31 M•r¢h 2024 ACHIEVEMENT AND PERFORMANCE cho111obl• a<tlvltl• Communlty adlvltl•J Our communlty t•ntre, bo5ed In the heart of 8owdon neor lo St Mary's thurth, provld•5 a vuluuble educotlonol and r•er•oti¢)nol r•iauYe• to all in lo¢ol eornmunlty primarily loeolèd in Bowdon. Altrlnchom ond Hale ond surrovndlno areas. We ¢r• •n¢ouraglng addltlonal use of our facilitle5 by laund)Ing our new w•bsil• in 24/25 whith wlll b• Ilnk•d to a sodal m¢dlts compalgn tg cornmunlcalo wlth th• communlty that w• ierve, whct 15 on offer fr¢)m The Jvbll•e C¢ntre premls?s. Wo hove ¥•v•ral dlHerenl 51z•d rooms on off•r whlch ore oll prSced at very ¢ompetltlv• hourly rentol rules, for use by th resld•nts of ihe areas thgl we serv?. DIH•r•nt slz•d rooms at th• Jvbllee Centr• or• avallable for hlr• by Ial gr¢Jups and org¢nlsatlons to v3•, ov•r wv•n dayi o week. Durlng the rr•nI fSnanclal y•ur there has b••n an Increa51ng vorl•ty of a¢tlvltles now toklng plae• at the Jubllee Centr• Bowdon. Ovr fucllltl•s wore hlr•d by 49 dlfl?r•nt cll•nts durlng th• y•gr wlth r•gvlor w••kly oH?rlng$ ronglng Irom cdult ond thlldr•n'i Danclng, Ballel, 8rldg• cb, educa11¢01 trulnlngl art and book Clubs, yoga, Tol Chl, Klck Boxlng• B¢by odlvltl•i and r•adlng group5 tog•ih•r wlth ad hoc one-off hlrèi for thlldr•n's portl•4 corp•i sol•s, acupunclur•, Chorlty 0550clotl¢n m•otlngs Iv rn•nilon lusl o f•w, ¢)Jr ¢horlty currently olfers a growlng rong¢ of acllYiil•s for chlldren, gdult5 and senlor chlz•ns, QV•T s•v•n duyi a week, wlth plans lo Incr?¢19 ocllvlllej on ott•r In the comln9 y•ar. W• •3llm¢t•, usln9 the now admlnlslrutlv• iyst•m w• Impl•rn•nt•d Irom th? flrsl of Aprll 2023, that mor• thon I 1,000 olt•ndonc•s to the Jvblle• C•ntr• t¢ok plac• ov•r the oJrr•nt Ilnondal y•ar12023/241. Clasws managed by our cllents or• affend•d tx o weeklyi rnonthly or Od hoc basls by varylng nvmber of ottsndeei wlth the se of our focllltl•s growlng. Thls li r•fl•cltrd by ¢Jvr hlr• Incem• Incr•ailnq 13y 360/0 cornpor•d ta la y•ar and prol•rt•d to ¢onllnue to grow lfi 24/25. FINANCIAL REVIEW Prln£lpal fvndlnq •ourc•s Th• char5ty'5 rnoin s¢wrc• of Incorn• ov•r th• la two y•urs Is hlrlng f••s £27,688 12023 £20,329) frJm whlth c051s were Incvrr•d l•ovlng o wrplus of £3,69612023 d•flclt Qf - £6,271). Inv••lm•nl poll¢y und •bl•£llv•i Th• chorlty has no long-teim Invfjstments. Our cuih r•ry•s ore held In o "Tr•owr•rs Arounl. ILwrr•ntl ond a d•poslt account for thos• lunds h•ld In TeseYv• - ¢11 Interefj 15 retoln•d In th• occount. R•s•rv•• p•ll¢y Th• truit••i hove r•vl•w•d th• r•Mrv•s of th• charlty. The pollcy Is to have a mlnlmum thT••-month defen51ve Inlerval l.. hold enough lundi lo med three months optsrotlng cosli of th• ¢•ntr•. Expendllure per qugrl•r In the Icst yeor was approxlmotely £6,02812023 - £0,655). Unr•strld•d Fund reserves ai of 31 Marth 2024 aMOted to £53,04712023 - £49,351). FUTURE PLAN5 Trofford Borough Councll ar• looklng to r•bulld the Jvblle• Communlty Centre ot 50me p¢lnl In th• fufvr•. W• or• regvlcrly In dl¥u$8loni wlth th•m over thls m¢tl•r. In th• mtantlme It Is the obledlY• of our trustees lo contlnue to grow th• ol gur facllltl•s wlthln th• Eommunlty we serve ond Ir*o$e the avulloblllty ond vurl•ty of classej cn olfer lo oll J•dors 01 our ¢ommunlty ltsr all og• groups, In vorylng slze rooms to hlre o¥•r s•ven doys o w••k. Poge 2
Bowdon Community Asso¢ialion R•port OF lh• Trvs1••1 loi th• Y•ar Ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Gov•rnlno do¢um•nl The ¢horlty Is controlled by Its gov•rnlng d¢cvm•nl, o deed of irust and Con111?5 an unlncorporoled charlty. 8owdon Communlty Asso¢lutlon Is an unlncorporor?d ¢550¢1atl¢)n r•glst•r•d wlth th• Charlty Commlsslon, Th• 5rf11on was odopl•d In S•ptomb•r 1976 and r•g$¢r0d und•r tharlty numbér 506037 In F•bruary 19T7. A n•w COnlIUtIon and Rul•s documMt was odopled ot th• AGM In 2017. R•rruStm•nl and appol•th•nt ol n•w Irvil••s Th• •xirfng truste85 are responslbl• for the recruitment of new trustee5 but In $0 dolng the Iru5te•s sèek the vlews and r•commendatlon of those In th• local communlty. The truslee5 bellev• thls approath •nsur•s that new trvstees or• resp•rt•d m•mb•rs of the locol communlty. Ovganl•atlonal ilrv¢tur• The thorlty truste•5 gr? r•sponslbl• for th• g•n•Tal control ond m¢n¢g•m•nt al th• tharity. Th• tntst••S glv• th•lr ilrn• Ir••ly und r•c•lv• no rmunèratlon or other tlnon¢lol b•nfl Th• truil••s m•et tOg•th•Y us a b?dy on o r•gular basli and are r•iponslbl• lor all d•dslons lak•n In r•lalIc lo rwmlng th• as£10t10n and the comrnunliy n*T•. Th• day lo day munag•m•nl ol the ossocloilon and th• day to day malntencmce of tho ¢¢)mmunlly c•ntr• li d•l•galed 10 5UPPQrt stuff und•r th• ¢•ntr• monoger. Indvdl•o 4nd ir•lnlng ol n•w truit••• Followlng appolntment, new trustees ar• Introduc•d to th•lr n•w role ond glv•n coples of rhe gov•mlng documents and a vld• lo th• poli¢le5 and procedurts odopt•d by our tharlty. A nvrnber of publlcollon5 fr¢)m th• Thorlty Commi551¢Jn and ComrThJnlty Matt•rs or• olso provld•d Includlng the guldonc• on thorltles and pvbllc b•nefit. Thls ensures that new trustees ar• owar• of th• scop• of th•lr r•sponslblllrf•s und•r th• Charltl•s Act. REFERENCE AND ADMINISTRAnvE DET AILS •qlthi•d Chllrfty nvmb•r 506037 Pdn<lpal addr•ss Th• Jubll•• Communlty C•nlr• The Flrj gwdon Ahrlntham Ch•shlre WA14 2TQ Mr J M Watson -Chalrnian Mr M Gornme -Vlce Chalrman Mr 8 Hurd Mr R Balluntyn• Mr A Mltth?11 Ir?51gMd 1.2.241 Mr D l Round lappolnled l.12.231 Ind•p•nd•nt Examln•t Davld Al•xonder Jom•s Taylor Hgrts Llrnll•d Weslrninsler Plouse l O Weslrnlnster Rood Muccl•sll•ld Ch•shlr• SKIO IBX Page 3
Bowdon Community Ass•¢iation R•port •f lh• Trul1 for th• Y•ar End•d 31 Mai¢h 2024 REFERENCE AND ADMINISTRATIVE DETAILS Ex•Gvtlv• Committ•• Offl¢• Mr J M Wolson Mr M GomM• Mr A Miith•ll Mr D J Round IAChkA CGMAI Chclrrnun Vlc• Cholrmon Honorary TreoJur•r Ir•slgn•d 30ih November 20231 Honoraiy Tr•aiur•r lappolrfed I st D•c?mbr 20231 ExKullv• m•mb•i Mr J M Wulson Mr M Gomm• Mr B Hurd Mr R Bollantyn• Mr A Miithell Mr D l R¢und IR*51gn•d l F•bruary 20241 (Appolnlèd l D•c•mb•r 20231 C•ntr• Mrs P Norm¢n Mr L T PaTklni¢)n Honor¢ry S•¢r•tary to th• Commltt•• / C•nlr• Manog•r Caretaker / Cl•an•r Appiov•d by ord•r ol th• board of irv51••s ¢n 18 July 2024 and slgn•d on hs b•holF byi Mr J M wu1 -Ch¢lrmon - Trusle? Page 4
Ind•p•hd•nl Examln•p's Rèport lo th• Tru•t••s ol B•wdon Communlly Asio£iallon Ind•p•nd•nl •xumln•r's report lo ih• trust••s ol Bowd•n Communlty AA¥o¢io+lon I r•p¢rt to th• tharlty trust••J •n my •xamlnatlon of th• ucGovnts of Bowdon Comnvmlty Auodatlon lth• Trul for th• y•¢r •nd•d 31 Marth 2024. R•iponilbllltl•# und basls of r•port A5 th• tharlty trusl••s ot lh• Trutt y4)u ar• r•iponslbl• for the preparatlon af trts• accounts In oc¢ordarK• wlth the r•qulr•rn•nts of th• tharlt1•5 Ad 2011 1'th• Act). I r•port In resp•¢t ¢f my •xarnlnatlan c the Trvsl's ac¢ounts ¢arrl•d d•T S•crfon 145 of th• Acl and In carrylng tyjt my •xomlnatlon I hav• follow•d all appll¢abl• Dlr•ctt¢ns glv•n by the OKsrlty Cofflrnlillon und•r Sectlon 14515llbl of th• Ind•p•nd•hl •xamln•r'i itat•m•nt I hov• ¢ornpl•t•d my •xamlnatlon. I conflrrn that no rncl•rlal mctt•fs ho com• lo my att•rrtlon In eonn•dlon wlth th• •xamlnatlon qltAng nT• caum to belleye that In any rnaterlal r¢spotr. octountlnq r•cords w•re not k•pt In r•5p•tt ol th• as r•qulr•d by S•cFlon 130 of th• Act; or th• accounts do not a¢cord wlth tho1• r•eordii or th• accounts do not comply wlth th• appllcabl• r•qulr•rn•nll ¢onc•rnlng th• form and content of accounts set o In th• Tharltl•s (Aceounts and R•portsl R•¢ulatl¢ru 2008 otl&•r than ony r•qulr•ment ihat th• o¢¢aunts gly• a tru• ond falr vl•w whlth Is not u matter ¢anslder•d as port of an Independent exomlnotlon. I hav• na concerns und huv• com• ocross na ¢ther rnalterj In c¢nnedlon wlth th• •xtsmlnailon to whlth ott•ntl¢n IhtyJld b• drawn In thli r•part In ard•r ta *Aab a prop•r und4r%taFdlr¢q oé th• a¢cawts to b• raaohèd. Dovld •and•r John Toylor Horti Llmlt•d W•stmln5t•r Houie l O W•strnlrut•r Road Moc¢l•sfl•ld Ch•thlr• SKIOIBX Dot•1 y (L.-¥ Pug• 5
BowdoA Commuhlty Aixo<latlon Stahm•nl ot Flngncial Activili•A tor th• Y•ar End•d 31 Moi¢h 2024 31.3.24 Tolal fundi 31.3.23 Tottsl Unr•slrld•d fimd R•strkted fLmd N•t•i INCOME AND ENDOWMBNf5 FROM Oth•r trodlng ¢dlvltl Inv•stm•nt tncom• 27,688 120 27k88 120 202? 21 Totql 27,808 27,808 20,350 EXPENDITURE ON Chqrliabl• actlvlil•s Cost of provldlng ¢ommunlty c•ntr•. 24,112 24,112 26,621 NET INCOMEIIEXPENDITURE) 3,090 3,096 10,2711 AICONauATION OF FUNDS Total hmdi brovGht forward 4?5) 49,351 J5,622 TOTAL FUNDS CARRIED FORWARD 53.047 53,047 49,351 Th• not•s part of these flntsndal slal•menli Pag• 6
Bowdon Community Associalion Balon<e She•1 31 Mqrth 2024 31.3.24 Tolol tunds 31.3.23 Totol fund5 Unrestrltted fund R•ttrlcl?d fvnd N•$ CURRENT ASSEf5 D•bi¢rs Cath at bonk 1,337 53,213 1,337 53,213 49,351 Sa50 S450 49,351 CREDITORS Amounts lolllng du• wlthln one y•or 11,5031 I103) NET CURRENT ASSETS 53,047 53.047 49,351 TOTAL Assrfs LES5 CURRENT LIABILMES 53,047 53,047 49,351 NET ASSETS 53.047 53,047 49,351 FUNDS Unr•#rlrt•d fLd$ 53,047 49,351 TOTAL FUNDS 53,Od7 49,351 Th• flTranclal statem•nts w•r• approvèd by th• Board at Trustees ond uuthorl¥•d for Issu• on 18 Jvly 2024 and w•r• 4gntd on Ill beholl byi MrJMWot -Chalmian - Trusle• MrD ovnd - TNst•• The note5 form port of these financial 5tglem•nts Poge 7
Bowdon Communlty AssoGiallon
Not•s l• th• Finun¢ial Statem•nls
for lh• Y•ar End 31 March 2024
ACCOUNTING POLICIES
Baili 01 pmparlng ih• flnanclol ilahm•nts
The flnan¢lol atementS of the th¢rltyi whlch Ss o pvbllc benelli •ntlty under FRS 102. ha¥• been pr•por•d In
¢ccordcnc? wlth ihe Chorltles SORP IFRS 1021 'A£covntlng ond Reportlng by Charlt105: Stotemeni of Recommended
Pradie• applicobl• to ehorili•$ prèporing thelr a¢¢ounts In aecorduneé wlih the Flnonclol Reportlng Stondard
appllcabl• In th• UK and Republ1¢ of Ir•land IFRS 1021 (elf11¥9 l Jonuary 20191,, Flnundal R•portlnp Standord
102 'Th• Flnanclul Reportlng Standord appllcable In the UK and Repvbllc of Ir•land' and the Charltl•J Att 2011. The
flnonclal statement5 hav• been pr?pared vnder th• hlstorlcal cost conv•nt50n.
In¢om•
All Incorne Is recognlsd In the Sotem•nl of Flnan¢lal Attlvltles onc• th• tharlty ha5 entltlem•nt to the funds, It Is
probable thoi th• Income wlll be raceived ond the omount con b• m•owred rellably.
Exp•ndltUM
L5obilltl•s or• r•cognls•d os •xp•ndltur• a5 5oty) os th•r• Is a legal or ¢¢n¥trycllv• obllgo*Son ¢¢mmlttln9 the tharlty
lo ihat •xp•ndlture, It 13 probable thol ) tronsf•Y of •conoml¢ b•n•lll% wlll b• r•qulr•d In iettlèm•nt and ihe gmounl
of lh• oblSgotlon can b• m•asur•d r•llably. Exp•ndilur• 15 occounl•d for on on OTOIS basli and hai be•n rlassili•d
under headlngs thut aggregote all cosi r•l¢t¢d to the cot•gory. Wh•r•
Bowdon Community Assotlation Notes to th• Flnancial Slatements - ¢ontinved lor th• Yeai End•d 31 Mar¢h 2024 INVESTMENT INCOME 31.3.24 31.3.23 D•pailt account Interest 120 21 TRUSTEES, REMUNERATION AND BENEFIT5 Th•r• w•r• no trust••s' r•rnvn•rotlon or +)th•r b•n•flts for th• y•ar •nd•d 31 March 2024 nor lor th• y•¢r •nd•d 31 March 2023. Tiu4t••¥' •xp•n••• Th?r• wer• no trustees, expens puld for th• y•ar •nd•d 31 M¢rth 2024 nor far tho y•ar ended 31 Marth 2023. COMPARATIVES FOR TME STATEMENT OF FINANCIAL ACTIVITIES Unr•Jtrlcl•d fvnd R•itrlct•d fund Tot¢1 lunds INCOME AND ENDOWMENTS FROM Other trrodlnq ocNvlrfes Inv•slm•nt In¢¢m• 20,329 21 20,329 21 Totsl 20,350 20.350 EXPENDITURE ON Chaillabl• a¢tivlll•s Cost of provldlng cemmunlly centre. 26,621 26,021 NET INCOMEIIEXPENDITUREI 16,2711 16,2711 RECONaLIATION OF FUNDS Total funds brought forward 55,622 55,622 TOTAL FUND5 CARRIED FORWARD 49,351 49,351 Page 9 nilNed...
Bowdon Community Associqllon Nol•¥ to lh• Financial Slat•rn•nts - ¢onllnu•d lor lh• Year End•d 31 March 2024 DEBTOR5: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trod• débtors 1,337 CItEDITOR5: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trode credltors Toxotlan cnd social s•curlty Other credllors 780 62 661 1,503 MOVEMENT IN FUNDS N•t mov•m•nt In funds Al 31.3.24 At 1.4.23 UnMAtrld•d lund• G•n•ral fund 49,351 3,696 33,047 TOTAL FUNDS 49,351 3.696 53,047 N•t mov•m•rt In fund5. In¢lud•d In th• above ar• 0$ lollows: In¢ornlng r•iovrc•s R•sourc•i •xpend•d Mov•m•nt In fund¥ Uni•8Trld•d funds Generol fund 27,808 124,1121 3,696 TOTAI FUND5 27,808 124,1121 3,696 C•mpov•tlv•s l•t m•v•m•ni In lund• Net movtrm?rtt In funds At 31.3.23 At 1.4.22 Unrn¥trltt•d fund¥ G•n•ral fLd 55,622 10,2711 49,351 TOTAL FUND5 55,022 16,2711 49,351 Pogelo ontlnued...
Bowdon Communlty Assoclation N•t•i to the Flnancial Slatementi - ¢ofillnu•d l•1 the Yeor Ended 31 Mor¢h 2024 MOVIMENT IN ?UND5- ¢•nilnu•d Compor¢tlv• n•t movemeni In funds, Indud•d In th• ubove cre ai l011gwsi Incomlng Re50urce5 •xp•nd•d Movement In funds r•sourc•i Uni•itrlded lunds G?n?rol fvnd 20,350 126,6211 16,2711 TOTAL FUNDS 20,350 126,0211 16,2711 A oJrr•nl y•ar l ? monthi ond prlor y•or 12 monihs cornbln•d posltlon li ai follo¥w Net rnovem•nt lrt fund3 At 31.3.24 At 1.4.22 Unr••lrlG*•d tunds General fund 55,622 12,5751 53,OA7 TOTAL FUNDS 55,022 12,5751 33,047 A curr•nt y•ar 12 months and prlor y•or 12 months <ombln•d net mov•m•nt In lunds, In¢lud•d In ihe above ar• a5 foll¢ws: Incomlng r•iourc•s R•sourc•i •xp•nd•d Movem•nr In fundi Unr•Jtrld•d lund• Gen•rol fwid 48,158 150,7331 I2751 TOTAL FUND5 48,158 150,7331 12,5751 RELATED PARTY DISCLOSURES Ther• were no r•lat•d porty Iransoctl¢)ns for the y?or •nded 31 Marth 2024. Pagell
Bowdon Community AisoGiation D•toil•d Slat•m•nt of Financial AttlvlH•s lof th• Y•ar End•d 31 Maich 2024 31.3.2A 31.3.23 INCOME AND ENDOWMENTS Oih•r Iradlng aetivitl•i Hirlng F••$ 27,688 20,329 Inv•itm•n+ Ineom• D•poilt gccount In1•r1 120 21 T•l•l Incomlng r•¥ourus 27,808 20,350 EXPENOITURI Chqrllobl• a(rfvhl•i C•ntre munager and caretaker So¢lol s•wrlty Penslons Cleanlng ond wast• dliposol co Rates and wot•r Insur¢nc• LI9 ond h•ot T•l•phon• R•polri and r•n•wals Sundr1•$ 10,880 62 17,684 219 818 2,557 271 ,959 521 1,014 702 2A27 3,039 484 4,327 418 1,065 11201 22A82 25,745 Gov•rnan¢• ¢osti AccountarKy fe•$ I30 876 Total r•soure•i •xp•nd•d 24,112 26,621 N•t In¢om•ll•xp•ndlivr•) 3,696 16,2711 Thls page da•s not form part ol th• atutory flnandol slotements Page 12