| Sta | tem | ent o |
f Finan | cial Activitie for the |
s (incorpor Year Ended |
ating an inco 31stMarch |
me &Expen 2022 |
diture Acc |
ount) |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
| Notes | funds | funds | funds | funds | funds | funds | |||
| E | E | E | E | ||||||
| Income and | |||||||||
| endowments | from | ||||||||
| Donations and |
legacies | 150 | 150 | 92 | 92 | ||||
| Investment income |
4,664 | 4,664 | 10,327 | 10,327 | |||||
| Charitable activities |
|||||||||
| Received from | people we | ||||||||
| support | 280,955 | 280,955 | 2,092,876 | 2,092,876 | |||||
| Local government | grants | 19,941,806 | 19,941,808 | 15,317,065 | 15,317,065 | ||||
| SPG and other | |||||||||
| allowances | 927,706 | 927,706 | 1,065,082 | 1,065,082 | |||||
| Training and other |
|||||||||
| income | 1,020,708 | 1,020,708 | 993,445 | 993,445 | |||||
| Total | 1,306,477 | 20,869,514 | 22,175,991 | 3,096,740 | 16,382,147 | 19,478,887 | |||
| Expenditure on |
|||||||||
| Charitable activities |
|||||||||
| Direct charitable | |||||||||
| expenditure | 388,468 | 21,740,415 | 22,128,883 | 358,615 | 19,029,313 | 19,387,928 | |||
| Net incomel | |||||||||
| (expenditure) | before | ||||||||
| transfers | 918,009 | (870,901) | 47,108 | 2,738,125 | (2,647,166) | 90,959 | |||
| Transfers between |
funds | 18 | 49,099 | (49,099) | (3,047,166) | 3,047,166 | |||
| Net incomel | |||||||||
| (expenditure) before other recognised gains |
967,108 | (920,000) | 47,108 | (309,041) | 400,000 | 90,959 | |||
| and losses | |||||||||
| Net actuarial | |||||||||
| gains/fosses) benefit pension |
on defined scheme. |
22 | 920,000 | 920,000 | (400,000) | (400,000) | |||
| Net movement | in | funds | 967,108 | 967,108 | (309,041) | (309,041) | |||
| Reconciliation | of | funds | |||||||
| Total funds brought forward |
3,729,846 | 3,729,846 | 4,038,867 | 4,038,887 | |||||
| Total funds carried forward |
4,696,954 | 4,696,954 | 3,729,846 | 3,729,846 |
| Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Cash flows from operating | activities | ||||||
| Cash generated from operations |
4 | 2,013,415 | 2,294,856 | ||||
| Net cash provided by (used in) operating |
activities | 2,013,415 | 2,294,856 | ||||
| Cash flows from investing activities |
|||||||
| Purchase oftangible fixed assets |
(246,493) | (75,550) | |||||
| Sale oftangible fixed assets |
|||||||
| Interest received | 4,664 | 10,327 | |||||
| Interest paid | (3,194) | (13,101) | |||||
| Net cash provided by (used |
in) Investing | activities | (245,023) | (78,324) | |||
| Cash flows from financing | activities | ||||||
| Loan repayment in year |
(2,277) | (2,277) | |||||
| Net cash provided by (used |
in) financing | activities | (2,277) | (2,277) | |||
| Change in cash and cash equivalents |
in | the | reporting | period | 1,766,115 | 2,214,255 | |
| Cash and cash equivalents | at the beginning | ofthe reporting | |||||
| period | 7,103,316 | 4,889,061 | |||||
| Cash and cash equivalents | at the end | of | the | reporting | period | 6,705,972 | 7,103,316 |
| 9(3)OO TOGETHER RESPECTFUL RESPONSIBLE EMPOWERING COURAGEOUS |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| Funds | Finds | Funds | Funds | Finds | Funds | |||
| Fixed Assets | ||||||||
| Tangible | 12 | 643,743 | 643,743 | 515,132 | 515,132 | |||
| Assets | ||||||||
| 643,743 | 643,743 | 515,132 | 515,132 | |||||
| Current | ||||||||
| Assets | ||||||||
| Debtors | 13 | 1,948,674 | 1,948,674 | 1,275,806 | 1,275,806 | |||
| Cash at Bank | 4053211 | 2652 761 | 6 705972 | 3214714 | 3888602 | 7 103316 | ||
| 4,053,211 | 4,601,435 | 8,654,646 | 3,214,714 | 5,164,408 | 8,379,122 | |||
| Creditom | ||||||||
| Amounts | 14 | (3,781,435) | (3,781,435) | (3,474,408) | (3,474,408) | |||
| falling due | ||||||||
| within one | ||||||||
| )tear | ||||||||
| Net Current | 4,053,211 | 820,000 | 4,873,211 | 3,214,714 | 1,690,000 | 4,904,714 | ||
| Assets | ||||||||
| Total Assets | 4,696,954 | 820,000 | 5,516,954 | 3,729,846 | 1,690,000 | 5,419,846 | ||
| Less Current | ||||||||
| Liabilities | ||||||||
| Creditors | ||||||||
| Amounts | due | 15 | ||||||
| alter mors | ||||||||
| than one | year | |||||||
| Provision | for | 17 | (820,000) | (820,000) | (1,690,000) | (1,690,000) | ||
| Liabilities | ||||||||
| Net Assets | 4,696,954 | 4,696,954 | 3,729,846 | 3,729,846 | ||||
| Unrestricted | 18 | 4,696,954 | 4,698,954 | 3,729,846 | 3,729,846 | |||
| Funds | ||||||||
| Restricted | ||||||||
| Funds | ||||||||
| Profit /Loss |
||||||||
| Total Funds | 4,696,954 | 0 | 4,698,954 | 3,729,846 | 3,729,846 |
| Actual E | Actual E | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 2 - Donations and Legacies |
150 | 92 | |||
| 3 - Investment Income |
4,664 | 10,327 | |||
| 4 - Reconciliation of |
net | ||||
| income/(expenditure) | to | net | cash flow from | ||
| operating activities |
|||||
| Net income/(expenditure) | for the reporting | 47,108 | 90,959 | ||
| period (as per the statement | offinancial | ||||
| activities) | |||||
| Adjustments for. |
|||||
| Depreciation charges |
117,882 | 80,533 | |||
| Interest received | (4,664) | (10,327) | |||
| Interest paid | 3,194 | 13,101 | |||
| Decrease / (Increase) |
in provisions | 870,000 | 30,000 | ||
| Dehcit / (Surplus) on sales |
offixed assets | ||||
| Increase / (Decrease) |
in debtors | 672,868 | (508,756) | ||
| Decrease / (Increase) |
in creditors | 307,027 | (1,581,834) | ||
| Net cash provided by (used |
In) operating | 2,013,415 | 2,294,856 | ||
| activities |
| Actual E | Actual f | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 5 - Income from Charitable | Activities | |||
| Local Authority | Care Fund | 15,150,187 | 12,979,481 | |
| Health Care Funding | 2,372,037 | 2,140,057 | ||
| Rents - HB | 2,419,584 | 2,092,477 | ||
| Supporting People Grant |
927,706 | 1,065,082 | ||
| Recharges | 11,549 | 399 | ||
| Fairer charging | 269,406 | 197,527 | ||
| Independent Living Fund |
||||
| Grant Funding | 173,856 | |||
| Other Funding | 846,852 | 993,445 | ||
| 22,171,177 | 19,468,468 | |||
| 6 - Charitable | activities costs | |||
| Charitable activities costs |
22,128,883 | 19,387,928 | ||
| 7 - Direct costs ofcharitable | activities | |||
| Staff costs | 16,286,525 | 14,197,954 | ||
| Travel and car | expenses | 35,948 | 20,823 | |
| Accommodation | Costs | 1,941,308 | 1,849,054 | |
| Bad debts and | provisions | (26,728) | 36,506 | |
| Depreciation | 768 | 33,064 | ||
| Loss on sale ofassets | ||||
| Apportionment | ofcosts | 3,502,594 | 2,891,912 | |
| 21,740,415 | 19,029,313 |
| Actual E | Actual 6 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 8 - Support Costs | ||||
| Management | ||||
| Wages | 2,454,426 | 2,068,353 | ||
| Administration | expenses | 947,624 | 777,751 | |
| Establishment | costs | 275,999 | 246,339 | |
| Depreciation | of tangible | and heritage assets | 117,114 | 68,021 |
| Apportionment | ofcost | (3,502,594) | (2,891,912) | |
| 292,570 | 268,552 | |||
| Governance | costs | |||
| Wages | 71,290 | 65,903 | ||
| Auditors' remuneration |
13,080 | 14,160 | ||
| Administration | 11,529 | 10,000 | ||
| 95,898 | 90,063 | |||
| 9- Net (income)/expenditure | ||||
| Net income (expenditure) | is stated after | |||
| charging/(crediting): | ||||
| Auditors' remuneration |
13,080 | 14,160 | ||
| Depreciation | - owned assets | 128,700 | 101,085 | |
| Operating leases |
||||
| Surplus on disposal offixed asset |
||||
| 141,780 | 115,245 |
| Actual f | Actual f | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 10 - Trustees' renumeration |
and benefits | |||||
| No Trustees received |
any | remuneration | in 2022 | |||
| or2021. | ||||||
| Trustee expenses paid |
during | the year | 450 | 40 | ||
| 11 - Staff costs | ||||||
| Wages and salaries | 17,093,631 | 14,569,239 | ||||
| Social security costs | 1,435,053 | 1,191,207 | ||||
| Pension costs | 319,505 | 592,587 | ||||
| Provision for redundancy |
||||||
| 18,848,189 | 18,353,033 | |||||
| Average Number ofPersons |
Employed | during | 751 | 708 | ||
| the year | ||||||
| Persons Employed at |
End | of | Year (Permanent | 746 | 734 | |
| and Casual) | ||||||
| The number ofemployees | whose emoluments | |||||
| amounted to over f60,000 |
in | the year | were as | |||
| follows: | ||||||
| 2022 | 2021 | |||||
| F100,001 to F110,000 | ||||||
| f90,001 to F100,000 | ||||||
| F80,001 to F90,000 | ||||||
| F70,001 to f80,000 | ||||||
| f60,001 to F70,000 |
| Actual f | Actual f | ||||
|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||
| 12 - Tangible | Fixed Assets | ||||
| Leasehold | & | Freehold Properties | |||
| Cost: | |||||
| At 1st April | 550,000 | 550,000 | |||
| Additions | |||||
| Disposals | |||||
| Depreciation: | |||||
| At 1st April | 156,723 | 134,334 | |||
| Charge for | Year | 22,392 | 22,389 | ||
| Disposals | |||||
| Net Book Value | 370,885 | 393,277 | |||
| Improvements | to Property | ||||
| Cost: | |||||
| At 1st April | 36,701 | 65,256 | |||
| Additions | 222,169 | ||||
| Disposals | (28,555) | ||||
| Depreciation: | |||||
| At 1st April | 32,280 | 52,699 | |||
| Charge for | Year | 11,701 | 8,137 | ||
| Disposals | (28,555) | ||||
| Net Book Value | 214,888 | 4,420 | |||
| Project Furniture | |||||
| Cost: | |||||
| At 1st April | 10,205 | 8,221 | |||
| Additions | 0 | 2,420 | |||
| Disposals | (1,209) | (436) | |||
| Depreciation: | |||||
| At 1st April | 7,284 | 3,973 | |||
| Charge for Year | 1,454 | 3,747 | |||
| Disposals | (1,209) | (436) | |||
| Net Book | Value | 1,466 | 2,920 |
| 31st | March 2022 | mirtts | possibilities | |
|---|---|---|---|---|
| Actual 6 | Actual E | |||
| Notes | 2022 | 2021 | ||
| Furniture | ||||
| Cost: | ||||
| At 1st April | 30,513 | 30,513 | ||
| Additions | 4,698 | |||
| Disposals | (22,341) | |||
| Depreciation: | ||||
| At 1st April | 15,634 | 14,445 | ||
| Charge for | Year | 12,394 | 1,189 | |
| Disposals | (22,341) | |||
| Net Book Value | 7,184 | 14,880 | ||
| Computer | Equipment | |||
| Cost: | ||||
| At 1st April | 263,904 | 237,479 | ||
| Additions | 19,625 | 73,130 | ||
| Disposals | (179,392) | (46,705) | ||
| Depreciation: | ||||
| At 1stApril | 164,269 | 165,903 | ||
| Charge for | Year | 69,940 | 45,071 | |
| Dispossls | (179,392) | (46,705) | ||
| Net Book | Value | 49,320 | 99,635 | |
| Total | ||||
| Cost: | ||||
| At 1st April | 891,322 | 891,469 | ||
| Additions | 246,493 | 75,550 | ||
| Disposals | (202,943) | (75,696) | ||
| Depreciation: | ||||
| At 1st April | 376,190 | 371,353 | ||
| Charge for Year | 117,882 | 80,533 | ||
| Disposals | (202,943) | (75,696) | ||
| Net Book | Value | 643,743 | 515,132 | |
| At 31stMarch Current Year | 643,743 | 515,132 | ||
| At 31stMarch Prior Year | 515,132 | 520,115 |
| Statements 31st March |
for the 2022 |
year | ended rnius |
possibilities | |
|---|---|---|---|---|---|
| Actual E | Actual E | ||||
| Notes | 2022 | 2021 | |||
| 13 - Debtors: amounts | falling due within | one year | |||
| Debtors Ledger | 1,769,963 | 1,100,906 | |||
| Prepayments and Accrued |
Income | 178,711 | 174,900 | ||
| 1,948,674 | 1,275,806 | ||||
| 14 - Creditors: amounts | falling due within one year | ||||
| Bank Loans and Overdrafts | 2,277 | ||||
| Social Security and other | Taxes | 357,891 | 274,329 | ||
| Other Creditors | 1,218,213 | 1,591,026 | |||
| Deferred Income |
2,205,331 | 1,606,776 | |||
| 3,781,435 | 3,474,408 | ||||
| Deferred Income: | |||||
| Deferred Income Brought |
Forward: | 1,606,776 | 577,420 | ||
| Amounts Released to Income |
(1,606,776) | (577,420) | |||
| Amounts Deferred in the |
Year | 2,205,331 | 1,606,776 | ||
| 15 - Creditors: amounts | due after more than one year | ||||
| Bank Loans | |||||
| 16 - Loans | |||||
| An analysis of the maturity | of loans is | ||||
| listed below: | |||||
| Amounts falling due in one year |
2,277 | ||||
| Amounts falling due in more than one |
|||||
| year | |||||
| 17 - Provision for LiabUities | |||||
| Pension Provision |
820,000 | 1,690,000 |
| Actual E | Actual f | ||||
|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||
| 18 - Movement | in Funds | ||||
| Unrestricted Funds: |
|||||
| General Fund |
2,886,344 | 3,297,664 | |||
| Housing Benefit |
Reserve | 843,502 | 741,223 | ||
| At 1st AprU | 3,729,846 | 4,038,887 | |||
| General Fund |
877,835 | 2,635,846 | |||
| Housing Benefit |
Reserve | 40,174 | 102,279 | ||
| Net Movement | in Reserves | 918,009 | 2,738,125 | ||
| General Fund |
49,099 | (3,047,166) | |||
| Housing Benefit |
Reserve | ||||
| Transfers between |
Funds | 49,099 | (3,047,166) | ||
| General Fund |
3,813,278 | 2,886,344 | |||
| Housing Benefit |
Reserve | 883,676 | 843,502 | ||
| At 31stMarch | 4,696,954 | 3,729,846 | |||
| Restricted Funds: |
|||||
| Pension Reserve | (1,690,000) | (1,260,000) | |||
| Leashold Properties |
|||||
| Grant and SPG | Fund | 1,690,000 | 1,260,000 | ||
| At 1stApril | |||||
| Pension Reserve | 870,000 | (430,000) | |||
| Leashold Properties |
|||||
| Grant and SPG | Fund | (820,901) | (2,617,166) | ||
| Net Movement | in Reserves | 49,099 | (3,047,166) | ||
| Pension Reserve | |||||
| Leashold Properties |
|||||
| Grant and SPG | Fund | (49,099) | 3,047,166 | ||
| Transfers between |
Funds | (49,099) | 3,047,166 | ||
| Pension Reserve | (820,000) | (1,690,000) | |||
| Leashold Properties |
|||||
| Grant and SPG | Fund | 820,000 | 1,690,000 | ||
| At 31stMarch | |||||
| Total Funds | 4,696,954 | 3,729,846 |
| Actual f | Actual f | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||||||
| Net Movement | in Funds, | included | In above are as follows: | ||||||
| Unrestricted Funds |
|||||||||
| General | Funds | 2,635,847 | 2,938,022 | ||||||
| Housing | Benefit | 102,278 | 158,718 | ||||||
| Incoming | Resources | 2,738,125 | 3,096,740 | ||||||
| General | Funds | (1,758,012) | (302,175) | ||||||
| Housing | Benefit | (62,104) | (56,440) | ||||||
| Resources Expended | (1,820,116) | (358,615) | |||||||
| General | Funds | 877,835 | 2,635,847 | ||||||
| Housing | Benefit | 40,174 | 102,278 | ||||||
| Movement in Funds |
918,009 | 2,738,125 | |||||||
| 19 - Commitments | under | Operating | Leases | ||||||
| Office Equipment | |||||||||
| Operating | lease | due | within | 1 year | 30,998 | 11,306 | |||
| Operating | lease | due | within | 2 and 5 | 15,096 | 42,526 | |||
| years | |||||||||
| 46,094 | 53,832 | ||||||||
| 20 - Net | Debt ReconciUation | At Start | Cash | At End | |||||
| ofYear | Flows | ofYear | |||||||
| Cash | 7,103,316 | (397,344) | 6,705,972 | ||||||
| Loans falling due within | 1 | year | 2,277 | (2,277) |
| PRINCIPAL FINANCIAL ASSUMPTIONS | PRINCIPAL FINANCIAL ASSUMPTIONS | PRINCIPAL FINANCIAL ASSUMPTIONS | ( /o PER | ANNUM) | ANNUM) | 31st | March 2022 | 31st March 2021 |
|
|---|---|---|---|---|---|---|---|---|---|
| Discount rate | 2.7'/o | 2.1'/o | |||||||
| DPI Inflation | 3.0'/o | 2.7'/o | |||||||
| Rate of increase to pensions in payment |
3.0'/o | 2.7'/o | |||||||
| Pension accounts revaluation rate |
3.0'/o | 2.7'/o | |||||||
| Rate ofgeneral increase in salaries |
4.0o/o | 3.7'/o | |||||||
| MORTALITY ASSUMPTIONS | |||||||||
| The mortality assumptions are based |
on the recent | actual | mortality | experience | of members | within | the Fund and | ||
| allow for expected future mortality |
improvements. | ||||||||
| POST RETIREMENT MORTALITY (RETIREMENT | IN NORMAL | HEALTH) | |||||||
| 31st | March 2022 | 31stMarch 2021 |
|||||||
| Males | |||||||||
| Year of Birth base table | |||||||||
| Rating to above base table (years) | |||||||||
| Scaling to above base table rates | |||||||||
| Improvements to base table rates |
|||||||||
| Future lifetime from age 65 (aged 65 |
at accounting | date) | 22.10 | 22.30 | |||||
| Future lifetime from age 65 (aged 45 |
at accounting | date) | 23.20 | 23.30 | |||||
| Females | |||||||||
| Year of Birth base table | |||||||||
| Rating to above base table (years) | |||||||||
| Scaling to above base table rates | |||||||||
| Improvements to base table rates |
|||||||||
| Future lifetime from age 65 (aged 65 |
at accounting | date) | 24.60 | 24.70 | |||||
| Future lifetime from age 65 (aged 45 |
at accounting | date) | 26.00 | 26.10 |
| Estimated asset | Estimated asset | Estimated | ||
|---|---|---|---|---|
| split | at 31 March | asset spUt at 31 | ||
| 2022 (%) | March 2021 (%) | |||
| Equities | 67.5% | 65.6% | ||
| Property | 6.9% | 6.6% | ||
| Government | Bonds | 9.2% | 10.7% | |
| Corporate | Bonds | 8.4% | 15.7% | |
| Cash | 2.3% | 1.4% | ||
| Multi asset | credit | 5.7% | 0.0% | |
| Other | 0.0% | 0.0% | ||
| Total | 100.0% | 100.0% |
| RECONCILIATION OF |
RECONCILIATION OF |
FUNDED STATUS TO BALANCE SHEET | FUNDED STATUS TO BALANCE SHEET | Value at 31 March 2022 |
Value at 31 March 2021 |
|---|---|---|---|---|---|
| FM's | EM's | ||||
| Fair value ofassets | 5.70 | 5.12 | |||
| Present value | offunded | liabilities | 6.52 | 6.81 | |
| Pension asset | / (liability) | (0.82) | (1.69) | ||
| Unrecognised | asset due | to limit | |||
| Pension asset/ | (liability) | recognised | on the Balance Sheet | (0.82) | (1.69) |
| ANALYSIS OF THE | PROFIT AND LOSS CHARGE | PROFIT AND LOSS CHARGE | Period ending 31 March 2022 |
Period endIng 31 March 2021 |
|---|---|---|---|---|
| EM's | EM's | |||
| Current service cost | 0.11 | 0.09 | ||
| Past service cost | 0.00 | 0.00 | ||
| Interest cost | 0.03 | 0.03 | ||
| Expected return on assets |
||||
| Curtailment cost |
0.00 | 0.00 | ||
| Settlement cost | 0.00 | 0.00 | ||
| Expense recognised | 0.14 | 0.12 | ||
| CHANGES TO THE | PRESENT VALUE | OF LIABILITIES DURING | Period ending | Period ending |
| THE ACCOUNTING | PERIOD | 31 March 2022 | 31 March 2021 | |
| fM's | EM's | |||
| Opening present value of liabilities |
6.81 | 5.48 | ||
| Current service cost | 0.11 | 0.09 | ||
| Interest cost | 0.14 | 0.13 | ||
| Contributions to participants |
0.03 | 0.03 | ||
| Actuarial (gains) Ilosses on liabilities |
(0.49) | 1.11 | ||
| Net benefits paid out |
(0.08) | (0.03) | ||
| Past service cost | 0.00 | 0.00 | ||
| Net increase in liabilities from disposals |
and acquisitions | 0.00 | 0.00 | |
| Curtailments | 0.00 | 0.00 | ||
| Settlements | 0.00 | 0.00 | ||
| Closing present value of liabilities | 6,52 | 6.81 |
| CHANGES TO THE FAIR VALUE | CHANGES TO THE FAIR VALUE | OFASSETS DURING THE | OFASSETS DURING THE | OFASSETS DURING THE | OFASSETS DURING THE | OFASSETS DURING THE | Period ending | Period ending | Period ending |
|---|---|---|---|---|---|---|---|---|---|
| ACCOUNTING PERIOD |
31 March 2022 | 31 March | 2021 | ||||||
| fM's | EM's | ||||||||
| Opening fair value ofassets |
5.12 | 4.22 | |||||||
| Expected return on assets |
0.11 | 0.10 | |||||||
| Actuarial gains/ (losses) on |
assets | 0.43 | 0.71 | ||||||
| Contributions by the employer |
0.09 | 0.09 | |||||||
| Contributions by participants |
0.03 | 0.03 | |||||||
| Net benefits paid out |
(0.08) | (0.03) | |||||||
| Net increase in assets from |
disposals | and | acquisitions | 0.00 | 0.00 | ||||
| Settlements | 0.00 | 0.00 | |||||||
| Closing fair value ofassets | 5.70 | 5.12 | |||||||
| ACTUAL RETURN ON ASSETS | Period ending 31 March 2022 |
Period ending 31 March 2021 |
|||||||
| EM's | EM's | ||||||||
| Expected return on assets |
0.11 | 0.10 | |||||||
| Actuarial gains/ (losses) on |
assets | 0.43 | 0.71 | ||||||
| Actual return on assets |
0.54 | 0.81 | |||||||
| ANALYSIS OF AMOUNTS | RECOGNISED | IN STRGL | Period ending 31 March 2022 |
Period ending 31 March 2021 |
|||||
| EM's | EM's | ||||||||
| Total asset gains/ (losses) arising | during | the | period | 0.43 | 0.71 | ||||
| Total liability gains/ (losses) |
arising | during | the period | 0.49 | (1.11) | ||||
| Total gains/ (losses) in STRGL | 0.92 | (0.40) | |||||||
| HISTORY OF ASSETVALUES, PRESENT | VALUE OF LIABILITIES | Period ending | Period ending | ||||||
| AND SURPLUS/DEFICIT | 31 March 2022 | 31 March | 2021 | ||||||
| EM's | EM's | ||||||||
| Fair value ofassets | 5.70 | 5.12 | |||||||
| Present value of liabilities | 6.52 | 6.81 | |||||||
| Surplus/ (deficit) |
(0.82) | (1.69) | |||||||
| 6 | S | 0 | O | ||||||
| TOGETHER RESPECTFUL | RESPONSIBLE EMPOWERING | COURAGEOUS | Page 44 of44 |