GISTERED CHARITY NUMBER.. 528697
REPORT nF TIIE 1'RIISTLES AND
UNAUDII'F.D FINAP4CIAI, STATEMENTS
FOR THE YFAR F.NDFD31 DKCFMBER 2023
FOR
VILLONCI.FY LDIIC.A-I'IONAL Tr'OIJNDATION

FTLLONGLEY EDUCATIONAL DOIINDATION
COYTENTS OF THE FINAYCIAL STATEMENTS
RTH
YEAR 31 DFC.E
20
Page
Reterence *nd AdmiDi5tr4tive Detail
Report of the Tru$te¢s
IRdep¢ndent ExamiNer'$ Rcport
Statement of Financial Activities
BalAn¢e Sbe¢¢
Notes to the Financial Slitemtnts
Detsfftled Stit¢ment of Fin#n¢i81 Activiti*
12

FII.I,ONC.LEY EDUCATIONAI. D'OIINDATION
RFfrTr:RF.NC.F, AND AI)MINISTRATIVE DLTAILS
FOR THLI YLIAR EIYDED31 DEC.EMBLR 2023
TRIISTF.ES
Mrs 8 M Oni0115
A R Pargettrr
Mrs F A P¥aco¢k
mr￿ 11 Bddham
R Llamelt
Rev S Medl¢y (appointed 13.11.2023)
D Fliimphreys
PRINCIPAI, AI)IIR WSS
CIO CiTrcks Lloyd
RivLrsley Flousc
.É)ion Rt)(Id
Nuneatt)ii
IllJrwi¢kgliire
C,'V I15-I'X
REGlS'fF.RbD CIIAIIITY
N11￿15}￿R
528697
CLLRK
Mathew J<inbS
C.oLks l.l(>yd 8oli¢itors
KiverslLy 14L)ust
Cffjti)n Road
Nuneaton
CVI 15TX
A(.'COUNTANI
Armstri)ngs Bishop Simmofts Ltd
CJLthiii Hnuse
36 Flond %treet
Nllnealon
C,VI 14DA

FILLONGLEY EDUCATIONAL FOUNDATION
REPORI" OF TFlb l-RIISI'EES
FOR THKYEAR ENI)ED 31 1)FCLIMBER 2023
'n)¢ trust¢¢s preset]t their re￿)rt with the finanbL￿ statErnBnts ot. the charity lor thr yew ended 31 DecembEr 2023. Th¢
lrnstees havL adopted th¢ provi8lOt15 01. AGGouThting and Rcportink by Ch¥rities.' StateNnent of K¢Gomm¢nded Practicc
applibable to ¢haTities pr¢paring their aL¢ounts in aLLordanGL with the Financial Repvriin& Stdndard applicablE in tht
UK &Dd Republic of Ireland (FRS 102) (effective l Janllary 2019).
AC14LEVEMEThT AND PERFORMANCE
This year thE ¢harity wos able to ￿gist 28 young pcople with grants towards tht cost of their education al a cost t)f
£18,3.14. Giants to the Fillongley Villag¢ Hall and other oiganisations in Fi]lon￿lEY aod CDventsy imoLmted to £5.752..
FINANCIAL RbVIWW
IDve5tmenl poliLy
Endvwment fvnds are invested in property and with tlie c.harities Ofticial Invesiment Fund. Current asset inve51m¢iits
are depositrd with the C¥ntral Board ot Financ¢ of the Church ol'Eng]and.
Reserves policy
11 is the poli¢y of the trustees to apply the chaiity's fr¢¢ rcserve5 towards its obj¢¢ts oncc suitable benefi¢i4ries are
identified.
Durints the year the income consisted of Tents investment incoTn¢ totalliThg £39,735. together with oiher income
received in tlie year of £4,877. Property ro%ts amounted t(> £270 whilst ch&ritable activili¢s ¢os¢ a tol'al of £20.532
Ib6iTbg granis of £16,786 support wsts of £1 ()34 and gov¢¢nance cosls of £1.812. The net income for th¢ yeaT th¢reforE
amountcd to £23,810.
The Designated Ordinary Repairs FL￿d remains unchanged at £50.000.
The trn5t¢¢s ar¢ of the opinion that the valiic of investmem pfopLrti¢s, slill hand. inrlvding the larbd r¢tained at
Walkers Farni, at 31 D￿eMber 2023 rcrnained at £720,700. Otlier invcstmeTrts, being CharitlL8 okfici&l IDV¢5ttn¢nt Fund
Income Shar£5 IllLre&$cd iii va]ue durlllg￿ the year and valucd at £l,Q81,JOl. The uiirealisrd gain ot'£9(>,999 lias be¥ii
credited to ihe Endowmellt Fund. The Endowm¢nl I,"und h&$ in¢re&%ed over￿1 froTll £1,711,002 to £1,802.001.
s-rRUC'fuRE, GOVERNANCE AND MANAC.EMENT
trueture Governa￿¢t Ind man￿gement
The chwity is ¢onirolled by its governinB document. a deed of tru8t atsd ¢onstLtutes an uninLorporated chiwity.
'rhe charity established by a scheme of ihe Board of Education 31 July 1912 a5 varied by a 5¢h¢me made by the
Secrtlary of st￿ for Education and Science on 6 July 1970. Tlie truste¢5 havt full pow¢r within the limits prescribed
by thE SL'hemes to rtiake rule5 for the manasJem¢ftl r)f the charity and the cunduct of its business.
The trus¢¢¢s are appoijjted by th¢ b0￿d of tTUStees and SCTVC for fivc y¢ars after which period they may put thernsclves
Forward for re-appointtnent. The trustees who have setve¢J throughoiit the year and to the d￿¢ ot'this r¢port are showi
Dnpage l.
The indu¢tiOn PD)cess for any newly appointed trust¢e ¢ompri$es aTh initial Ktteeting with the other trDslees lo explain
their re&pon5ibiliti¢s and th¢ obje¢tives of tbe charity.
Risk rnana¥eThetkt
rhe trust¢es have & duty to i(kntify and revi¢w Ihe risks to which the Ch￿.￿LY is expos¢d urtd to Ensiir¢ appropriat¢
controls are in plaLe tt> provide r¢asondble assuranLe 2LT&illSt Iraud ¢rr()r.
Approved by order of the board of trustees on .
and signed on its behalf by,.
Mrs S M Onions- Trustee
Past 2

INDEPENDF.NT CI XAMINFR'S Rb POR"I'"I'O TIIE'fRUSTEFS OF
FILLI)Nfl.FY liDUI:ATION.4L fi0LNDATIO
Indepen(lent exaininer's reihort to the trust¢es of Fillonglcy Ediieational Foundation
I report to iht Gharily tr￿￿etS on my tX￿1￿LItIon <11. IhL accouiits of fillon¥Tley Educational Found*ion (the Trust) for
the yLar ended I l D¢LcmbLr 2027.
Respi)nsibilitit$ gn(I basis of rnport
As (he Lharity trusie¢s of ihc Tru%t yL)u are respDnsiblc for the preparation of the accounts in acLtsrdartLe with the
requir¢mcThts ot the Charities Act 2011 (Yhe A¢ti.
I reporl iii respect of my ex&minatioii of the Tru5Vs arcDUfits carried out uiider Section 145 of'the Act and in carry¢nu￿ out
my exainination T hav¢ tollowed applicable l)irectinn% by th¢ Charity C(Jtnmission under Section 145(.5){hl af
the Ail,
IndepeTJdent cx2mintr's *tht¢m¢nt
I hav¢ ¢omplctcd my exaniinatioii. I confirm thai no matcrial Inuttcr5 liavc canic to my attention in ei)niie¥ti()n with th¢
exa)Kination &tiving tne Gau5C to bclieye Ihat in any niat¢rial reipeLt'.
acctsuntingy re¢ords were not kept in resp¢¥i of Ili¢ Trust as required by Section 130 of the Act: or
tlIL accouTits do not ac¥ord with tliose Tccords. or
the aL¢ounts do not comply ivith tlie appli¢abl¢ YequTrerneiit5 concerning the forn and ¢OTlt¢nl of #G¢oullts sel out
iii Ihe C,haritl¢8 IAc¢ouiits aiid Reports) RLgul*ion£ 2008 othei. than any requir¢m¢nt that the aicfrunis giv¢ a
true and fair view whicli 18 not a fflatter considered as part ofr-an independent examiLiation.
I h&v¢ no ¢tsnb¢Tll5 und havL coine a¢ross no other matters in conncLtion with the examination tt> which attention 8liovld
be drawn iii this re￿>r1 in oi'dcr tD ¢nable a propL'r underslandingy ol'the aGCOUnts lo be reached.
Mr M Shabbir FCA I,"CC'A
Date..
Pa&Tre 3

FILLONC:LEY EDUCA'I'IONAL FOIJNDA'rioN
sTATE￿]y￿T OF f41NA￿c1AL.lcl.1vjT1Es
DOR THE I'EAR gNI)LD 31 DbCEMBER 2023
2023
2022
1.olal
fllnds
Unr¢stri¢ted
fuDd5
Endowtn¢nt
fund
nds
INC'OML AND EP4DOWMEP4TS FROM
Other tradillg aGtivities
Investment income
Other income
19C>
3¢).$45
4.877
190
39,162
4,877
Totsl
44.612
44.612
39,352
EXPENDITURE ON
RtlSllltsT funds
468
468
255
Ch#ritable #ctivities
Grants payable
(iovernance Losts
Support wsts
15.331
3.U69
1,934
12,200
1.643
4,490
i.069
20,802
20,802
18,.fj811
Nei gain￿(1￿SsesI Dll inV¢Stm¢nts
90.999
90,999
(130.i061
p4kn'r INCOMbllFXPENDITURE)
23,810
90,999
114,809
1109,542)
REC.ONC.ILIATION OF FUNDS
Tota] funds brought forward
170219
1.711,002
1,881.221
1,990,761
TOT AL FUNDS CARRIED FORWARD
194.029
1,802,001
1.996,030
1,881,221
CONTINUING OPERATIONS
All of the above r¢suli$ are derived from con(iDuing a¢liviLies. All gsains and10$8¢s r¢cogni5cd in the peri()d in¢luded
above.
I'he tLOtES form part of these finan¥ial statern¢ntS
Page 4

FILLONGLCIY bDUCATIONAI. bOUNDATION
HALAf4C.b: SHL>:T
31 DEI.'EMBER 2023
2023
2022
Nolcs
FIXED ASSI:I'8
ItivL%tmenls
1,802,001
,711.002
C:IIRRF.NT AS.sw-rs
l)LbioT.
(.￿h 4t bank
45
195,059
458
195,517
171,509
CRfDITORS
Al￿OUntS falling due withiTi one year
11,4881
{1,290)
NET C'URRENT ASSFTS
194,029
170,219
TOTAL ASSEI'S LE&$ C.IIRIIF.NT
LIAIJII,ITIF.S
1,996,0.10
'-I' ASSFI'S
1,996,030
I,R81.221
PUNDS
Unr&8trictcd funds
Fi ndoMYn¢nt fund
194.029
1,802.001
J70,219
1.711,002
'I'OTAL fr UND&*
1,996,030
1,881.221
Thc Iin8n¢ial staicineiits were approv¢d by the t408rd of Trustccs aiid authoris¢d for ibSUL
aiid wcre stdrv led tin ils. l)ehaifhy'.
S M Onioiis- l-rust¢¢
The iiotes forin part of thesL finanLial statements

FILLONGLEY EDUCATIONAL DOUNDAIION
NOTES TO'fHE blYAf*CIAL STA1'EMF.NTS
FORI'HE YEAR ENI)S'D 31 DF.C.'EMBER2023
ACCOUN'I'ING POLICIKS
B&sis of preparing the fin&n¢ial ytaternents
Th¥ charity con%titule5 a publiG b¢nefJt entity as defiTred by FIIS 102. The finanLial stalEments have beell
prepar¢d in accordaoce with A¢Lounting and Reportjll8 by Chariiies.. Siatement of Recomrnended Prdtyti¢¢
applicable to charities preparing their account% in a¢¢tsTdance with the I',1j￿n¢laI Rc￿rtIng Standard Jpplicablc
n the UK and Republic of Ir¢land IfRS 102) igSllLd in October 2019, the fin(inLial Reportinb Stdndard
applicable sn the United Kingdom an(f Republic ¢)r Irelcind IPRS 1021, the ch￿itIeS Act 2011, the Companies
Act 2006 and UK G¢ner8lly Accepted Pra£tic¢.
I'he Financial StatemtDt5 do not include & cash flow statement on the grounds that it is applying FRS 102 Section
IA.
The finanLial statements are prepared on a going ¢on¢em basis Linder ih¢ historical LO8t convention. modified to
in¢lud¢ certain items at fair v3lu¢. The fJnanci&l siatcm¢nts 3fL' prtpared In sterling whiLh is the fun¢tional
currency of the ¢h&riry.
'rhe significant a¢countin8 poli¢i¢s applied in the prepaTation uf thcse finwi¢ial ytalements are set oui below.
Th¢se rK>li¢ics have been consistently Rpplied iv y¢ars presented urde55 othcrw15E Stated.The financial
statrments are pr¢pared in sterling whiGh is th¢ friinctional curr¢nGy of thc charity.
IAtome
All income is rewgw3¢d in the Stat¢Tn¢nt of Fin￿claI ActiviÉiLs (Trnc¢ the charity has ¥ntitl¢ment to the funds, it
is probable tbat the incom¢ will be rec¢ived and the 4n)ounl can be m¢asurEd trli&bly.
Investm¢nt in¢ome is earned through holdinbk a5scts fi)r investment purwses such as shar¢5 and rElltal propcrty- It
inLlude$ dividends and renial irt¢ome. Whtre it 18 tKit pra¢tlCdl tts id¢ntify inve5tffl¢nt tnanagenicnt costs incurred
wilhin a scheme wilh re￿Onable ae¢urwy Ib¢ invest￿ent income 15 reported ntt 01. thLsL costs.. It is included
when the amuuni Can be measured reliably. Dividend and rental income 18 reeobynised us Ibe ¢harity's ribkht to
reccive payment is established.
Other tradiiig J¢tivili¢5 are recogmised when the charity is entitled to the monies.
Fxpendilure
Liabilities ar¢ retyognised as expenditvrE a5 500n as there is a lekal or ¢ohstru¢tive obljL*ation commitiing thc
charity to that expenditur¢. it is probable that a transftr (If LLonomic benefits will be requircd iii seitlemeDt and
the amount of the obligation c&1 be measured reliably. ExpendilL)re is accouated for on an ac¢ru8ls basts and li&s
beEn classified under beadings that aggIr¢&J¢its all cost related to thc cat¢gory. Wher¢ w$ts cannot be direcijy
attributed to p¥rti¢uldr h¢adings they have been ailocdted to a¢tiviti¥s (yn a basis consTStent with thc use ol.
resources.
Grants offered subject to ¢onditions which have not b¥en met at the y¢ar ¥nJ d&te are no￿￿ ￿ a coJnilliimcrt biit
not 4c¥ru¢d ￿ expenditure.
Tax#tlon
The charity 18 an ¢xempt charity wKthin the mtaning of 8chedule 3 of the Chaii¢i¢S Acr 2011 and is considered to
Pas5 the ttst5 Set out in PaTa8raph I S¢hedulL 6 Finiin¢e Act 2010 ftnd thercfore it m¢¢t5 thL delinition tsf a
charitable company for UK corporation tsx purposts.
Vund gCCVUllting
Unrestrkcted funds can be used in aLcoTdanr¢ with the Lhariiable objeLtive% at th6 discretion ot the tru$te¢s.
Restricted fund8 can only be used for particular r¢striLted purposLS Wlthin the objects. of the charity. ReslriLtions
arisL when specified by the donor or when fundy are raised for particuSar restrict£d Purposes.
Further explanation of the r￿Ure arhd purpose i)f eacli luild is in¢luded in the note8 ts) the finhncial statemcnLs.
Page 6
ontinu¢d...

FILLONGLfiY LDIJCA'fioNAL bOIJNDATION
NOTESTO'I'IIE FIPIANCIAI. S'TATEMENIS- ¢ontinu¢d
FOR TFIB VEIAR ENDED 31 DEC.FMBKR 2023
OTIIF.R TRADINC. Acrivi'i-Iv.,s
2023
2022
Wayleaves and sundry iD¢oni¢
190
190
INVESI"MENT 1Tr4C.OMF.
2023
2022
Rent8 rectivcd
Iiivesim¥nt inLome
9,5.36
9.5_15
29,627
39.545
39.162
TRusfF.E%' REMUNERATION AND BFNW&I'rs
Ihe Irustecs did nol rLccive any r¢muneration 111 tlic y¢ar. 'fh¢ tru51ees meeting c08ts atnount to £198 12022
'I'h¥rc were no ielat¢d party Lriiiisa¥*ions ID ih¥ y¢4r.
C_'OMPARA'fivF.s FOR'I'HF..S'I'ATbMb'NTOP ￿l￿A￿(,1A1, Acfivii'iFS
Unrestri¢ted
nds
Endowment
fijnd
Totsl
f￿ndS
INC.OMF AND ENDOWMEN'I'S f4R()M
Othcrtrading activitics
liii'LStm*nt income
190
39,162
190
39,162
Total
39,352
b xpgNDI'fiiRL
Raising funds
255
255
C'h#ritAbl¢ #Ltivities
Grunt% payable
CJov¢rnan¢e GOSIS
Support Logis
12,200
1.643
4,490
12,200
4.4l)O
Tat#l
1 $.588
18,581
Nct LTaithsl{10SSL'5} invLstrnen15
1130,3061
{130,306)
NF.'r iNC".OMFJ{EXPENDITII RV.)
20,764
(13U,306)
(109,542)
RF.CONe.11.IATION nF' ￿,UNDs
.1 vtal funds bri)uglil li)rwariJ
149,455
L,841,308
1,990,763
TOTAL f4UNDS C.ARRIEI l) f4ORWARD
17Q,219
1,711,002
1,881,221
Pagie 7
continued...

VILLONCLLY EDUC.A'I'IONAL FOVNDA'I'ION
Tr40TES'fo THE FIIYANCIAI. SI'ATEMLNIS- continued
FOR TFIE YEAR ETrIDbD 31 DECEr*lBkR2023
FIXED ASSET IMIESTMENI'S
Inve5ttnents
MARKE"r VALUE
At l Jgnu&ry 2023
1,711,002
90,999
Revalu&tion5
At 31 December 2023
1,802,1101
NET BOOK VALUE
At 31 DeLernber 2023
1,802,001
At 31 Detcmber 2022
1,711,002
TheTe w¢r¢ no investment assetb oulsidc the UK.
Cost ()r v•luatioM al 31 DeLcmbEr 2023 is r¢prL'senttd by..
Invest￿c￿tS
Valuatiorj in 2021
Valu&tion 2022
Valu&tion I￿ 202i
Lost
1_19,21.5
1130,-)061
90.999
1.702.093
1,802,001
Walker5 Farm wa5 sold by the Foundation durin¥ 2019. lJow¢vcr, 71.27 acres of land was reiain¢d as
investTnenl pmperty and the Trustees ¢$timate thal the opgn markct valuc of that lynd at 31 DecLmber 202_?
remains at £712,700.
The lyeehold property costing £175,000, consistingi of a School I-louse was an inconie produciox inves¢mettt
property uijtil 2006. The trustc£s agKtd that it 5hoiild b¢¢ome part of the prtmises of Bourn￿broOk SLhaol ￿)d it
is Mw in use for tea¢hing and slorage PUTPOSes. The iDt¢Dli(In Is that it wll remain in use a5 part of the s¢hotsl
prcmi5¥s. As su¢h its value as an asset of the C.liarily is CDnsidereil lo be in)paired by £175.000 and ¢onsequently
its holdin8 value has been writt¢n down to £Nil. No Valu￿ IS lrt place on the main School premise5 which XFe a150
owned by the ¢harity.
DEBTORS: AMOULYI'S FALLING DUL WIT111Tr4 ONb YVAR
2022
Tradc debtors
458
45%
Page 8
ntinued...

FII.LONGLEY LDIILAI'IONAI, vouf4DATION
Nl)'I'D'S q'o'riiTr. IflNANC.'IAL sfAI'CI MFN15- continued
OR TIIL YEAR Ff4DED31 DECEMBER2023
CREDITORS: AMOUN'I'.8 F,al,LING DUE WITHIN ONF. YWAR
2023
2022
Other creditOTS
1,488
1.290
ANALYSIS OF NET AS,8F.TS BCITWEEN FIIND
2023
Total
funds
2022
Total
fujids
UiirtslriLted
funds
EndowD¢nt
fund
Inve51menL%
C.ui'renl aEsct5
Current liabililies
1,802.001
1,802,001
19.%,-517
(1,4881
.711,002
171.509
{1,290)
195.517
11.4881
194.029
1,802,001
1,996,0.30
1.881.221
10.
mov￿.Mv,￿l' IN WIINDS
Nel
tnov¢mellt
iii fullds
At
Atl.1.23
VAr￿tricted funds
Uiiresti'i¢led tund
UnresrriLt¢d DesigiiatL.d funds
120.219
50.000
23,810
144,Q29
50.000
170,219
23,810
194.029
F,ndowm¢nt funds
Endowment funds
1,711,002
90,999
1,802,001
TOTAL ¥UT¥DS
1.881,221
114,809
.99(?.03Q
Net niovLmeiil iii fuiids, Included iii Ihc ai)ove are &% fttllows=
InLaniing
resources
Rcsouree$
exp¢nded
Gains and
Ioss¢5
Mov¢m¥nt
in fund
Ilnre5tricted fund$
Uni'estri¢ied lund
44,612
{20.802}
23,810
Endowmertt fund$
F.ndtswtnent funds
90,999
90.999
"roTAL FUNDS
44.612
(20.802)
90,999
114.809
Page g
¢oiitinued...

FILLONCLKY EDUCAI'iof4AI. FOUNDA'rioJy
NOTES TO THE fi IliANCIAL s'fA"I'VM KN'IS- eootinlled
FORI'HE YEAR Lf4DBJ131 DF.C.kMBLR 202
MOVEMENTIN FUNDS- contirtu￿l
CompArative5 for moyement im funds
Net
movement
in lund
At
31.12.22
Atl.1.22
UnrL8tri¢teil funds
Unrestrict¢d fund
Unre5tricled Designated ftind5
99,4.$5
50.000
20,764
120.219
50.000
149,455
20.764
170,219
F.nduwment fund5
Endowment funds
1.141,308
(130,306)
,711,002
TOTAL FIINDS
1,990,763
1109,542)
1,881,221
Cumpyralive net movement in funds, included in the above are as follows..
Incomin
r¢3oiirces
Resources
¢xpendEd
Gains alld
losses
Movement
in funds
Unrestrieted fuDd5
UnrtStriGted lynd
(18,58¥)
20,764
Endowment funds
(130,306)
(130,306)
I'OTAL FUNDS
(18,588)
1130.3061
1109,5421
UnrestriLted general fullds wmprise thos¢ funds which the Irusiees are Iree lo iise iii accord&nLe with the
charitable obj¢bt5.
The trustees hav¢ set aside in & duiwiated fund thL £50.000 t(> meet thE Lost of future extra()rdinary r¥p(iirs to the
LhariLy's praperties.
Endowmertt funds represent thos¢ a55ets which must bts llcld P¢Tm&nently by th¢ charity. In¢om¢ arising on the
endowment fund can be us¢d in a¢cordanL¢ with the objects of thb chaTity and is inuluded as unresirict¢d income.
Any tyapital gains or losses arisinbTr form part of tb¢ fiind,
Page 10
iitinucd..,

FII,LON(:LEI Y kDIICA'I'IONAI, TrOIINDATION
NO'I'Kb'I'O'TIITr, lilNANCIAL SI'ATLM LN'IS - continued
FOR'fiiL YIIAR FND+,D31 DFC.EMBER2023
RF.LATF,D PAIITY DISCLOSURF.,S
'rhere were iio related party transactions for the year ¢nd¢d 3 l Dc¢eTnb¢r 2023.
P2ge 11

FILLONCLEY EDIICA'fioNAL VOUNDAI"ior4
DETAILED STA'I'EMbN'f OF F2NANC.'IAI. AcriviTr'iES
FORI'Hb' YEAR D.hDED31 DFLbMBPR21I23
202.7
2022
INCOME AND ENDOWMENTS
Other trading sctivities
Wayl¢aves and sundry income
IIA)
190
InV￿lInent incotne
Rents received
Inv¢stnient inco￿e
9,536
3V,009
9,535
29,627
Other income
ExLeptional itern5
4,877
Tot41 in¢oming r&sourees
44,612
XPENDITIIRE
RJ)ising donatsvns •nd legacie8
Insutantye
270
255
Ch¥ritable activiti¢J
Grants to institutions
16.786
12,20U
Support costs
Mamxgement
Clerk fees Wbd disbursemenls
1,829
4,387
Finance
Batth Lharges
105
103
Govern2llL% evsts
'I rust¢¢5' expense%
A¢¢ounthncy and legal fees
198
1.614
1,260
1.¥12
1,64_3
l otal re50UTce5 expended
20,802
18.588
Net IDcome Ixfore g#lns 4nd losses
20,764
Realised retogni5cd gai0$ l(JSBes
Re￿ISed L)2insl(Iossesl fixed as¥et inv¢slm¢nts
90,99Y
1130,3O6}
Net incvtntl(exp¢nditure}
114.809
1101).-$42}
This pag¢ does not form part of the stalutory lÈnatLCI(Il St￿tI¢M¢nts
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