CHARITY NUMBER.. 5220?6 ASHINGTON JOINT WELFARE SCHEME ACCOUNTS 2024
ASHINGTON JOINT WELFARE SCHEME Charlty No.. 522026 REPORT AND FJNANCIAI. STA"I'EMENTS for tht 15 month period ended 31 MArch 2024 PEEK PRACTICE LTD Amble Northumberland
ASHINCTON JOINT WELFARE SCHEME CONTENTS PAge LegAI and AdminRstr#tlve Information Report of the Trustees Ihdependtnt A¢¢ountant'$ Report Statement of Financlal A¢tivltley Balance Sheet 10-14 Nntes to the Accounts
ASHINGTON JOINT WELFARE SCHENIE LEGAL AND ADMINISTRATIVE INFORMATION INCORPORATION.. Tlie compaiiy was originally foiTn¢d on 6 Api'il 1966 by rrustee deed from the National Co31 Board, ai)d the scheme goveining the company was ain¢iided on 6 Janiiary 2005. The Charity Registei'ed number is 52?026. OFFICERS.. l Lavei'y M Fitlon K Trebill¢o¢k R Walkiiishaw G Balance GS Bell JC: Wi¥¥¢tt Mrs w-faylor Mrs M Tayloi. {Chaii'inanl {Vice Chairman) (El¢¢ted 29 June 20231 SECRETARY.. J Dunn REGISTEREI) 01."b'lCb.. Hirsi Welfare C¢i)Ir¢ Alexaii<li'd Road A.%hington Norihuii)t)eTland NF.63 9HF ACC.OUNTANTS'. Peek l)racliLe Ltd 4 Bridge Sti'eet Ainble Noi'thiiniberland NEC)5 ODR BANKF.RS.. Uiiity Tril Bank plc Niiie Elriiidl¢yplace Birmiii¥l)am BI 211B
ASHIIYGTON JOINT WELFARE SCHEME REPORT OF THE TRUSTEES FOR THE IS MONTH PERIOD ENDED 31 MARCH 2024 The managemeiit Trnstees tl)eir aiinual report ai)d fiiiaiicial ststeinents lor the year ended 31 Maich 2024. Structure Governanee and Manageinent Govcrnin Docu enl The ts"Iist¢es have adopted provisions of the St<ltement of ReCoinMlded Practice, ALLOllI)tii)g ai)d Reportitlg by prepdring their accounts ii) accordance with rhe Finaiicial Rcporting Standard applicable in tlie UK and Republic of Irelgnd I fRS 102)ai)d with the Cliariti¢s Act 2011. Recruitment a inimeot of Mana ement tte UndeT ilie requii'einents of lh¢ MLmDrandiim and Arlicles of Association th¢ Trusle¢s elected to serv¢ for a p¥riod of four years, three years or one year if i)oininated and affiliated at the Annual General M¢eling. Thc organisatioii's maiii dr¥&5 uf iiiteresl are bdlicnced and r¢fl¢¢l¢d ii) Ihe divei'sity of the triistees. Where pai-ticuldr skills ar¢ i'¢quir¢d io ¢ompleinciit existing tiustces skills, iiidividuals arc appi'oached to off¢r iheni¥elves foi. Llcclioii to the board of Trn%(e¢&. Trust5 Induction ali Trai Trustecs parlake in <in Infoi'mal induction ¢ov¢ring roles and responsibilitie8 of existing tniste¢s and Ih¥niselvLS, the stnicNr¢ of ihe organisation and key parts)trs. This is imitated by the Secretary of the TNstk¢& New 'friislLL% r¥Leive a IriislLC'S l)oiiiination torm I'rom tl)e Q nal Industry SuciMI Welfare C)rEaiii.%aiion (CISWOI asking loi. d¢tail% (If thcmsclvcs ai)d a hi%tory of their eniploymint. A register 18 kept by ihe Tnist and minuted. Cliarity Coiiin)i.s.qion do¢um¢nt.% i.88ued to the Iiiistecs include Useliil Guidclinc.% Trustees RL.4piiiisibiliii¢s and Ilic Es.%entiiil Tnislce wli¥t YOLI need lo ki)ow. Cliai'ity Commis.8ion News LxTrpies are distribllted wlien reLeiv¥d. Risk Mdll<l Ln)eni Tlie Trustees need lo coiidiict a review i)f tlie Inajor I'isk.% til wliiLh the cliarily is expilsed ai)d ¢stablish a risk rcgisLei' to be updatcd anniially. Whilst the majoi'ity of risks in Ilie Pi18t havc I'clated lo the OP¥ralion uf I IiTSt Wellc21'e CLntrL, Ilie tnistees will ioi)tiiiue to work with ALiive NoTtI)Iiiiibcrlai)d 01) prepariiig and reviewing ai) aiuiiial risk register r¢latii)g to tl)e day to day operatioiial rniining of the Cintrc. The trust¢¢s ¥oiitii)ii¢ lo review all policies and procedur¢s on an aniiual basis. anisation SinJLture Ashington Joiiii W¢ifar¢ 8¢li¢me operatcs with a bodrd of 7 irusl¢¢s, who meet 01) a qiiarterly basis. At prebent all mcinbers 'e froin a vai'i¢ry ot ba¢kgi'ounds rclLvant to the work of the charity. Ther¢ is a f1111Y to CO•opI two fiirtlier trusl¢es if th¢ reinaining trustees detennine that it would b¢ in th¢ inter¢sts of the charity to do so. A s¢h¢me of d¢legation is in place, with a trnsle¢s siib-COTnmittee coinprising of the Chair, Vi¢e-Chair, Secrctary and 3 other trustees who have delegated authority to inv¢sligal¢ pailicular issuesl mterests and tnake decisions where requii'ed ahead of 11 trustees Ineetings. {2)
ASHINGTON JOINT WELFARE SCHEME REPORT OF THE TRUSTEES FOR THE 15 MONTH PERIOD ENDED 31 IMARCH 2024 Related Parties In so far as it is ¢ompliment8ry to the Charity's objects, the charity is guided by local, regional and national policy, and of the tiiistees, Ihree shall b¢ appointed by the National Unioii of Minewoi'kers (Northumberland Areal 2nd three Shall be appointed by CISWO. Obiectives aiid Activiti The object of the charity is., The provision of a social welfare ¢¢nlr¢ for th¢ benefit of Il)e inhllbilanis laiid in pariicular. bLIt i)ot ex¢liisiv¢ly, SllLh ot the said iiiliabiiants as are members of the miniiig Lomn)Iinity) ()f il)e ar¢¢i of benefit witbout distin¢lion ol politi¢al, religioiis or otlier opinions with the object of improving the Conditions of lite for Ihc said inliabitants. In 2014 as part of th¢ trustees ri,qk nianagemenl review, il becatne appai'ent that the external fvnding envir()nm¢nt. to which ilie IiustLcs were reliant upon to d¢liv¢r ihc ris ngl of ¥uinniui)ity acliviiies at an affordablL rale. was to det¢riorai¢ funh¥r and PUlii)liJlly Ll)mpromise the viability uf delivcriiig servic¥S tor the community. To ensur¢ th¢ ¢¢ntr¢ Could ¢oiiliniie tu operate and dclivei. the sei'vices n¢ed¢d by the ¢otnniiinily, the trustees iiivestigated a I'aiigc of optioiis wliicli led to th¢ cstablishm¢nt of a Inaiiageiiiciit agFrLLinLiit witli Activ¢ Noi'ihuiiib¢rland IRLgisl¥rLd C".hMrity 1153198 } to lakc over day ro day running of Hirst Well'are Cei)Ire. This agr¢¢ment, which took ¢1teLI on I st JanuaTy 2017, has ensiired tliat Activ¢ Noi'ihiimbei'laiid Lontinue t() deliver Ilie iiiaiiy seiTr'ice8 built up by the tnist¢¢s since 21)04. As part of the agreement the Trustees m¢¢t regularly with AcLive Norihunibei'land lo rcview operational delivety and pirfonn4ince In ensure the centrL conliiiuc.s lu IlLliver the obje¢ts of lh¢ ¢harily S¢rvi¢¢8 currcnily dcliv¢red from HiTSt Well'aTe Centi'c incliidc., C)peii AccLS% Gyin Liiiitaiiiiiig C.V and free & fixcd wcikylil ¥qiiipill¢iil SynthetiL aiid gl'ass football pilLhes pi'(Iviiling d range of coaching OPP011iinilies, Loinpetitive leagiie fixttires and iiitoiinal leagLlC$ and coiiipetitiunb Ofsied Registered Niii'sci'y pi'ovision pruvicling day care to cliildi'eii aged O-S y¢#rs aiid fiiiided early year LliildLare I'or 2.-1 & 4 ye1£ r olds Full range of cx¢r¢is¥ clas.IL$ foi. all age groiips and abilities Youili work prosirainime silPPOrting yoiing p¢oplc agLd 11-19 yeai'5 li) additioii to thi.%. the lentt'e coniiiiu¢s lo be uscd by a wide range of external groups aiid oi'ganisations, iiicludiiig g; Cros%rodds Cliurcli, Parkliead & Wai).sb¢¢k Powei'liftiii¥ Club, Ashii)gtoii Clioi kwilll Do Cliib. Ashingtoi) Hir%t Riiniiiiig Club, Weighi WaiLhcrs. Simply Slim. Blood Donation S¢ssions and Northumberland NHS Triist Smokiiig Ccssalion sessions. Plans for the Fii(ur¢ Asliiiigton J(Jint W¢lfar¢ S¢h¢me will continue to work with Active Northunibei'land to ensure the ¢oiitinii¢d operation and development of Hi151 Welfare Ccntre. The Trustees also reinain commilted lo working with local partners to d¢v¢lop iiiitiatives which meet the objects of th¢ charity and whi¢h benefit the local community, Structure, Goveiiian¢¢ and Management. {3)
ASHINGTON JOINT WELFARE SCHEME REPORT OF THE TRUSTEES FOR THE IS MONTH PERIOD ENDED 31 I¥IARCH 2024 Financial Review Agaiiist the current backdrop of liinited resOUI'¢es and insecurities over funding. it has continiied to be difficult to plan or develop services. Neveilheless, with the aid of boiind financial management, the chariry has b¢eii able to sLipporl its enterprises and other projects tliroughoLlt tlie yellr. Reserves Polic The Man1gem¢1jt Committee has examiiied thc chai'ity's requirein¢iits for reserves iii light of lh¢ main risks to the organisa(ion. Att unre8ti'icted fund is I'¢quired ol'at least 6 Jnonths ¢xpellditure. The reserves al'e iieeded lo meet the woi'kiii¥ L#pital of the chariry and di¢ MaiiagemLnt Coinmiii¢¢ are ¢oi)fidenl rhat ai tliis lev¢1 they would be able to lonliniie the curreiit activities of the Ll)arity in the ¢venl uf a signiticant drop in fuiidiiig. The strategy is to ¢onliniie to build reserv¢s Ihi'uugh planned operatioiial surplus¢s, und tl)is will be k¢pi ui)deT rlview by the Maiiageiiienl Coinmitree ihrvugl) its rcgiilai. meilii)gs. In the short l¢nii tlie Mai)ageineiit Coininiiiee has also coi)sid¢red the extent to whi¢h ¢xislin8 activities could be ¥Urtailed. should the cii'cumsiance arise. serve.4 Poliev cont. The movement tor ihe year has been allocated lo reserves ag follows.. UnrLtstri¢i¢d fiiiiLI. RestrictL7d t'ui)ds 13,558 Total rcscrves cai'ried toiwaid at 31 March 2024 air.. Uni'cstriLted fiinds De.8igiiated fui)d. Ui)di.sigiiated funds l9,076 19.076 RestTiCt¢d fiiii(Is 6.496 25.572 (4)
.4SHLYGTOI JOLNT IVELFARE SCHE.1
REPORT OF THE TRbSTEES
FOR 1'HE 1.4.MO,N"I'FI PEIUOD EIYDED 31 MI .4RCII 2024
nsiliililies of the Trustees
CliJril J law requiri'b 111¢ Mand(cincnl Coi)iii)itlCi' 10 pfL'parc linanLial 51atcinciits lor cach linaiicial yeaT
Iiich giye A irue and lair i'icii nl. Ihe 8ldlL ibl. all2ins ol. Ihc cliarilahle Lonii)ani- Jl thL balanc¢ 4hiX.t
diltL' £lTEd of lis iiicomiiig I'¢'soiircc% and Jppli¢&tion Df i'e4oiircL%. incliicltn¢J itlL()niL dnd expcnditlll'L., foi.
Ihe linanci
IINDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF ASHIINGTON JOINT WELFARE SCHEME Respeclive responsibilities of trustees and examiner The charity's trustees are I'esponsible for the prep.atIOn of rlie accounts. The charity's triistees eonsider that an oudit is iiot reL]uired for this year under section 144 of the Charities Act 2011 I'the c.harities Act"} and thai an ind¢peiident examination is needed. It is my responsibility to.. ¢xainine the financial st2t¢menis ui)der section 145 of the Cliarilies A¢l- to follow tli¢ pro¢edui'es laid down in the ¥¢neral Directioi)s given by the Charity Comillissioii {und¢i' se¢lion 145{5){b) of the Charities Aet,. aiid ro state whethei. particular matters have coin¢ lo iny aiteiirion Basls of independent examlner'$ report My examination was carried out in a¢¢ordan¢e with iht general Dir¢¢tions given by the Charity Commissioii. An cxamiiiatioii ii)¢ludes a revicw of ihe a¢coui)til)¥ Tecords kept by lh¢ ¢harily diid a Comparisoi) of Ihe linancial statem¥lli.4 presei)ted with those re¢oi.ds. It also includes consideration of any unusual iteins 01 disclobures in the findl)cial slaleineiits, aiid seekiiig expldnalioTh% frotn the trustees ¢onecn)ing any such niatters. Thc pro¢edurcs undcriaken do not pi"ovide dll the cvidence thi£ t would be requircd in an audil, dnd consLqiILnily no opinion is ¥iveii as to wh¢ili¢r il)c IinanLial stalcmLnls prcsciii a "tTilC and fair vi¢w' and the repoit is limited to those matters set out in the statement below Independent examlnL'r'5 5tAtemLint In COilliLCtinii willi my exaiiiiiialion, nn mall¢i' lias come to niy dtlLntioii'. which givcq me reasoiigblc cause to b¢li¢v¢ that, in aiiy material respcct. the I'¢qLiiremcnis- li) keep abLOLintiiig r¢¢ord% iii a¢¢oi'daiicc with sectioii 1311 i>f Ilie Cl)aTilies Act., and to pi'epdl'e financial sl¥tcmcnis which accord with the accounling records, Comply with Ibe 8c¢uunring rcqiiii'ements of th¢ Chiwilies Act have not been met., oi. to which, in my opinion. attention should be drawn in order to ellablc a proper und¢i'standin¥ of the financial qtalemettts lo be rea¢hed. Mrs P Grahamslaw ACA P¢ek Practice Ltd 4 Bridg¢ Street nble NE65 ODR Date.. 24 October 2024 {6)
ASHINGTON JOINT WELFARE SCHEME STATEMENT OF FINANCIAL ACTIVITIES (Includlng Income E¥pendlture Account and Statement of Total Reeognised Caln$ and Losses) FOR THE 15 MONTH PERIOD ENDED 31 MARCH 2024 NOTES Unr¢slricted Funds Restricted Fiinds Totsl 2024 Total 20?2 INCOMING RESOURCES Inconiing Resoiirces Fi'oni Generated Funds Grant incoine Voliinlary income 3,167 Aciii'ilies For Generaiiiig Funds Trading operations 338 Rental incom¢ Other income ?5.624 25.624 TO"fAL INCOMINCJ RE.SOURCES ?5,624 25,624 3.505 RES()URCES EXPENI)ED Cost of gei)ei'ating funds 1.7?0 L'i>sl of. cliarithble activities 11,456 1,4.56 2.071 CJovcrnance costs 640 640 622 T01'AL RE%OURCL,S EXPENDED 1 ?,096 12,0()6 4,413 NET MOVEMENT FOR TElf YEAR 13,528 13,528 (9081 (7)
ASHINGTON JOINT WELFARE SCHEME BALANCE SHEET AS AT 31 MARCH 2024 NOTES Unrestricted Restt'i¢ted Funds Funds Totsl 20?4 Total 20?2 FIXED ASSETS 2.16?,081 2,162.081 2,162,081 CURRENT ASSETS Sio¢k Debtors Cash at bank 370 20,056 370 27,042 484 12,080 6,496 20,426 6,496 27,412 12,564 DF.DUCT.. Ci'edirors due within one year Cirditoi's Accrued chai'ges 1.350 1.350 550 1.350 1,350 TOTAL ASSETS LESS CURRLNT LIABILITIES ? 182,157 6.496 2.1 X8,65.3 ? 174,095 DIDIJCT.. Creditors diie after Inoir ihaii oiie year ? 162.081 ? 162.081 ? l{)) 081 NET ASSL,TS 19.076 6,496 25.572 12,014 (81
ASHLNGTON JOLNT WELFARE SCHEME OTES TO THE ACCOLryTS FOR THE I.4.NIOIITH PERIOD ENDED 31 bl.4iRCH 2V24 I,'si..iivi..s Broiigl)I loTiard ILI nioi'iiiicnt in iIiL YL, 5.518 6.491? 12,014 13.558 190x1 TOTAL RESERVES CARRIED FORM'AiiD 9 19,076 (),496 These Llccoullis hol'e lieln prepared in accoi'dlrytice ivith the Sr£ilenieiil of Recoinmeiided Praclice. ALCI)Iintlllts 41nil R¢rrt)rlin& bv PfLWiiringJ IhL'Ii dLL()unl.s li) ¢icLurdiinLe w lili thL Fii)illlCic11 Reponiii¥ Si&nd41.d appliLiil?l¢ iii ih¢ L'K lind R¥piibltL uf Irel#Jid IFRS 1021 and iviih lh¢ Lhiil'lll .4¥1201 SignLd on belittlf of the n)t)n8&TLinL'RI LoiiimittLe on 14 OLtobLr ?0!4 I I.#N'Lry Trusie (9)
ASHINGTON JOINT WELFARE SCHEME NOTES TO THE ACCOUNTS FOR THE IS IMONTH PERIOD ENDED 31 MARCH 2024 ACCOUNTING POLTCIES The principal accoiinting policies are suminarised below. The accounting policies have been applied iollsisiently throughout th¢ year and In the pi'eceding year. Basis of Accounting Tlie financial slalements Iiave beeii prepared und¢r tlie histoi'ical cost conv¢i)tion. The fiiidi)Lial statemeilts have been prep#r¢d iii accoi'dance with the Statement of Recoinmended Practi¢¢, ALLounting and Reporiing by prep<iring rhcir accounts in accordance with the Financial Reporting StaiidJrd ai)plicablc iii the UK and R¢public of Irclai)d IFRS I O?) and with Ilie Charities Act ?0 I Incoming resour¢es All incoming resources are inclu(Icd in the Stat¢m¢nt of Financial Activitiei when thc Charity is ciiliiled to the iiicunie and thc lIUl)r can be quaiitified with reasonable aicui'aLy. The following spccific pvliLies are applied lo pairicular calegiiries of iiieoine Tr&diiJg aLtivities income ig I'e¢ognis¢d when the goods are sold and or the service is pi'ovided. Grant income is CLLdited in thc ycar to whicl) il rclatcs with the ¢xccpLion of (Int8 wliich were oi'igindlly giv¢n to ei'ecl the Centre itself. Thes¢ grai)¢% are dlTlOrtiscd at the saiiie ratc as the C¢nlr¢ aiJd will always refl¢¢t tli¢ r¢illainin¥ unamorii£Ld balaiic¢ attribiil¢d i() the Cenli'e. Volunlary income is receiv¢d by way of dunations and 8ifis Jnd is incliided in full in thc Statcmci)t ()f Finaiicial Activities when rLceivable Invcsiment income 18 ii)cluded whcn rcceivable Resoui'¢es expciidcd .xpenditiire is i'cLogiiised wheii a liability is iiicurr¢d. Fiiiidiiig providcd thi'(Iiigh Loi)traLtiial agreenients and perfnimancc i'elat¢d gi'<lnts are rccogiiized Lis goods oi. 8ei'viceb arc siippli¢d. OIliLr gi'aiil pftymeiits are I'¢cogni£¢d when a Collsiructive obligation aris¢4 that i'esiill li) the paym¢iil b¢iii¥ uiiavoidablc. Cosls of geiiei'ating fiiiids are thos¢ ¢081$ in¢iin'ed iii attracting voliiiitary iii¢ome, and Il)ose incurred iii Iradin¥ activities that raise fiinds. Governaiitt ¢osls includL those incurred ii) the govenian¢e of its assets and are priniarily associated witli constitutioiial ond statutory reqiiirements. Suppoi't costs in¢lud¢ ceiiiral functions and have b¢¢n allo¢aled to activity cost categori¢s on a basis ci)1iSiStent witli the use of resoiir¢¢s e.g. Iillocating 0]ce propei.ty co.%is by floor areas, managemeiit and humaii resoui'ces costs by tlie number of staff, and tinance and IT costs by work done. (10)
ASFIINGTON JOINT WELFARE SCHEIME NOTES TO THE ACCOUNTS FOR THE 15 IMONTH PERIOD ENDED 31 MARCH 2024 INCOMING RESOURCES Unrestricted Fuiids Restri¢ted Funds Total 2024 Total Grant income Charitable foundations 3,167 Voluiitary inconie Donations Trading operations I,ooibdll devclopmeiit Health and tilness Café CreLhe Riiital iiicom¢ Rents Misccllaneous in¢om¢ Guiieral income Bai)k interest rec¢ivabl¢ 25,624 25.624 338 25,624 25,624 3,505
ASHINGTON JOINT WELFARE SCHETrIE NOTES TO THE ACCOUNTS FOR THE 15 fv1ONTH PERIOD EP4DED 31 ARCH 2024 RESOURCES EXPENDED Unresti'icted FLlI)ds Rtstticled FLinds Total 2024 Toial 2022 Cost of gen¢raliiig fiiiids G¢n¢ral running costs 1,720 1,720 Cost of charitable aLlivities Direct costs 11,456 11,456 2,071 Siaifiiig Lo.¥ts Ligl)t ai)d heat Ratcs and wuter rates 'I'elcphone In%LlI'aiiccs Printing Gind adv¢i'ti%iiig Postllg¥ uiid st1( tioiicry C'entre maiiileiianLe RLpair8 und rencwal% Moior runnin Sia'lTtriivel Staff trdining Suiicli'y expenses epreLiation 11,456 11,456 2,071 Gov¢rnan¢¢ costs Bank ch£lrges Professional f¢es- Other Prof¢,g8ional fees- Accountan¢y Professioiial fe¢s- Audit 90 90 72 550 550 550 640 640 622 (121
ASHINGTON JOINT WELFARE SCHEtVlE NOTES TO THE ACCOUNTS FOR THE 15 INIONTH PERIOD ENDED 31 fv1ARCH 2024 STAFF COSTS AND NUMBERS Duiiiig the financial year the coinpaiiy did not eii)ploy. 2024 2022 Salary and pension Losts No employee r¢¢eived emoluiiients of n]or¢ rhan £60,000 {2022.. Nil) No Trustee received any r¢muneralion for services provided. nor did any Trustee i'¢ceive expenscs120??: Nil) FIXED ASSETS l.diid and Buildings Office F.qiiipmeiit and Equipment Fixtures Total Cosi As Jt lJanuary ?023 Disposals iii Eh¢ y¢ai' 2.886,56.1 2,886,563 Ab at 31 March 20?3 2.811().563 2,886,563 Depi'e¢ialion As at l JaiiLlllI'y ?023 C.hargc lor the ycai. Oli dispoSdl 724,482 724,482 As at 31 March 20?4 724,482 7?4,482 Nel book vallie As al 31 March 2024 ? 162,081 2,162,081 Net book value As at 31 D¢¢ember 2022 2,162,081 2,162,081 113)
ASHJNGTON JOINT WELFARE SCHEVIE NOTES TO THE ACCOUNTS FOR THE 15 MONTH PERIOD ENDED 31 IMARCH 2024 2022 DEBTORS Prepaymeilts 370 484 CREDITOEIS. Amounts fallii)g due within oi)e ycar Bank borrowings Trade crediloi"s AcLru¢d ¢harges 1,350 550 1,350 1,387 CPLDITORS.. Amouiils lallii)g Inoi'e th1 one y¢ar Unamortised gi'ants 2,162,081 2,162.081 STATEMI,.NT OF FUNI)S At l Jan Income F.xpcnditLLL'e Ti'ansfer At 31 March 2024 UNRF.STRICTED FUNI)S Geiieral I'L.%Lrve Designated reserve 5,518 25.624 12.1196 13,528 TOTAL UNR.r.STRICED l*UND8 5,518 25,694 12,096 RES'fRICTED FUNDS Restt'icted fuiids 6,496 6,496 TOTAL RESTRICED FLNDS 6,496 6,496 (14)