REGISTERED COMPANY NUMBER: 2224016 {England and Wales)
REGISTERED CHARITY NUMBER: 900107
orl of the Trustee
and
Unau
d Financial Slata
ents f th6 Ye
r End8
1Ma
2024
tr
Pro
8Ct Li
millhall consultants Itd
Carlson Suite
Vantage Point Business Village
Mitcheldean
Gloucestershire
GL17 ODD

Stroud Valle
sPro
ect Limited
Contents of the Financial Statements
for the Year Ended 31 March 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
88lance Sheet
Notes to the Financial Statements
8 to 13
Detailed Statement of Flnancial Activities
14 to 15

Stroud Valle
sPro
ect Limited
ort of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Acl 2006, present their
report with the financial statements of the charity for the year ended 31 March 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and R8public of Ireland {FRS 1021 {effe¢tive 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectlves and aims
Th6 company is established for th8 public benefit for the following purposes in the area comprising local
government of Slroud, Glouceslershire, and when appropriate the county of Gloucesl8rshire'.
To educate the public in the natural history, history, geography, industrial archaeology and architecture of
the Slroud District.
To secure the protection, preservation, development and improvement of the natural and built environment
of the Stroud Districl, in line with the principles of sustainable development,
To provid8 facilities for recreation with the object of improving conditions for those living, working or visiting
to the Stroud District, in line with the principles of sustainable development.
Originally founded in 1988 to protect the industrial and natural heritage of Stroud and its flve valleys, Stroud
Valleys Project {SVPl has established a reputation for proactive and constructive work with local community
groups and volunteers.. helping, inspiring and training them lo discover and nurture the wildlife and green
spaces on their doorsteps. SVP opens up opportunities for a much wider group of people to become involved
in environmental improvement, reaching out lo young and old, as well as lo people who may have been cut
off from such 8clivili8s by disadvantage or disability.
During the 2023-24 year, our key proj8cls have been..
Building Sensory Gardens wllh Local Communltles.. Natlonal Lottery Reaching Communilles fund Is
supporting a two year extension of the projecl.,
Garden Guardians.. two year project funded by The National Lottery Heritage Fund.,
Wildshed., funded by GIouc6slershire County Council's Thriving Communities Fund.,
Carers in Nature.. funded through the NHS and Gloucestershire County Council,
Wildwork volunteer group. support8d by th8 Police and Crime Commissioner for Gloucestershire,.
Creative Shed., funded by various small donations, and reinvesting income from sales of the group's
products;
Employment and Skills Hub Outreach Project.. funded by Gloucestershire County Council through the UK
Shared Prosperity Fund.,
Cotswold Canals Connected.. funded through Stroud District Council and The National Lottery Heritage
Fund.,
Tree planting.. various funders, including the Local Authority Tree Fund supported our record breaking
programme of tree planting for the year.,
Publlc beneflt
Our vision is to support people and nature to thrive logether, and our obj8Ctives are to..
Ensure our charity has a sound and sustainable business model,.
Identify environmental projects throughout Glouceslershire in which we can work with local people to make
better, healthier places in which lo live, now and in the future-,
Promote inclusivity by working with a wide range of people from all sectors of the community.,
Develop sustainable long-term partnerships with local councils and other organisations to help us deliver
range of projects which meet our aims.,
Help, inspiro and train individual people, communities and organisalions to discover, understand and nurture
the natural environment.,
Provide lifelong learning opportunit18S that support people to develop skills and knowledge.
Page 1

Stroud Valle
sPro
ect Limited
ort of the Trustees
for the Year Ended 31 March 2024
OBJECTIVES ANI) ACTIVITIES
Additionally we have continued lo work in partnership with several parish councils, with Cam Parish Council at
R8ckleaze Wetlands, with Cainscross Parish Council at Queen Elizabeth 11 Playing Fields, with Kingswood
Parish Council for the newt ponds within the parish and with Berkeley Town Council at Sarah's Field and
Canon Park. We have also continued lo work in the Walled Garden at Prinknash Abbey, as well as on our
own sites at Arundel Mill Pond and Frome Banks.
All our projects are designed to encourage Community involvement and all have significant volunteer Input.
The contribution by volunt88rs working on projects and in th8 office is often recognised by funders as
malch-funding, thereby giving it a quantifiable economic value. For this year, this is estimated lo be in th8
region of £136,215 for the year, of which £5,350 relates lo Iruslee contribution {based on values of £350 per
day for professional contributions, £150 for skilled contributions and £80.50 for unskilled).
The trustees have reflected on the public benefit of the charSty, and on the guidance provided by the Charity
Commission for England and Wales and beli8v8 the acliviti8s during the financial year have furthered thé
charily's purpos8 for th8 public benef it.
ACHIEVEMENT AND PERFORMANCE
Charltable actlvltles
During the year. all specific targets and requlrements set by major funders have been met enabllng us to
claim full funding on all projects. R8gular monltoring and progress reports have been delivered as required.
We have conlinu8d lo strengthen our public events programme which also helps to increase our public
profile.
In both key areas of work - granl-funded projects and work with local government and private organlsations
we offer opportunities for volunteers lo léarn new skills and get involved with practical work al local sites. Two
clear areas of public benefll are in 8vidence in both areas of work.. staff and volunt8er5 achieve visible and
sustainable improv8m8nts to biodiversily-rSch and amenity greenspaces, and volunteers themselves have
benefited from learning new skills, improved health and increased sens8 of wellbeing through und8rtaking
meaningful work in Ih6ir local community.
The charity's subsidiary, SVP eco shop continues to pay a significant rent and management fee to SVP
FINANCIAL REVIEW
Flnanclal posltlon
As al 31 March 2024 the charity holds Unrestricted Funds of £111,494 (2023.. £85,271). The charlty Is
pleased lo report that a robust approach to fundraising has allowed it to start to rebuild reserves, depleted in
recent years. A significant amount of funding for projects for the 2025126 year has been secured.
Page 2

Stroud Valle
sPro
ect Limited
Re
ort of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The company is established under a Memorandum of Association which established the objects and powers
of the charitable company and is governed under its Articles of Association. The charity is a company limited
by guarantee, having no share capital.
The charity is governed by a Board of Trustees who are directors of the charitable company. With the
8XC8plion of the Slroud Dislricl Council r8prasantativè, all trustaès are co-op16d. Trustees are appointed for a
term of two years, after which they retire, but may be re-elected, New trustees are recruited as and when
required on th8 basis of their skills and experience in relation to th8 needs of th8 charity. The Articl8s of
Association provide for a minimum of four and a maximum of 25 directors. Board members, skills include
environmental consultancy. ecology, local government, architecture and building conservation, management
(of bolh people and projects), the law, public relations, and communications,
The trustee induction programme includes an initial meeting with the Chair and the Chief Executive, who
provide them with information about the charills history and current activities, as well as supporting
documentation including a copy of the M8morandum and Articles of Association, minut8s from recent
meetings. and the previous year's accounts and trustees, annual report. The charity supports ongoing training
for trustees as r8quired,
Day-lo-day decision making is d8legat8d to the Chief Executive, Clare Mahdiyon8, whlle trustees are
responsible for strategic and significant financial decisions.
The trustees assess business and financial rlsk to which the charlty is exposed, establishing systems and
procedures to ensure that major risks are record8d on a risk register, assessed, managed and minimised.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglsterad Company number
2224016 IEngl8nd and Wa18s}
Reglstared Charlty number
900107
Reglstered offlce
8 Threadneedle Street
Stroud
Gloucestershire
GL5 1AF
Trustees
S L Arundel Retired
Prof H J M Barton Author
G L Beckerleg Architect
A Brown Counsellor
M Graham Ecologist
Ms S C Parkes Public Relations
Ms S M Ralcliffe Palenl Attorney
P G Seccombe Environmental Consultant
Company Secretary
Ms D Coleman
Independent Examlner
8en Hall FCA
millhall consultants Itd
Carlson Suite
Vantage Point Business Village
Milcheldean
Gloucestershire
GL17 ODD
Page 3

Stroud Valle
sPro
ect Limited
Re
ort of the Trustees
for the Year Ended 31 March 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Stroud Valleys Project Limited for the purposes of company lawl
are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢Gepted Accounting
Practice).
Company law requires the Iruslees to prepar8 financial statements for each financial year which give a true
and fair view of the stale of affairs of the charitabl@ company and of the incoming resources and application of
resourc8s, including the income and expenditure, of the charitable company for that period. In preparing those
flnancial statements. the trustees are required to
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charity SORP.,
make judgements and estimates that are reasonable and prudent.,
propare the financial s1018ments on the going concèrn basis un1885 It is inappropriate to presum8 that the
charitable company will continu8 in business.
The trustees are responsible for keeping proper accounting records whlch dlsclose wllh r8asonable accuracy
al any time the financial position of the charitab18 company and to 8nable them lo ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of
the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
The trustees are responsible for the main18nanc8 and integrity of the corporate and financial information
included on the charitable Company's website.
Approved by order of the board of trustees on 12 September 2024 and slgned on Ils behalf by..
Ms S C Parkes- Trustee
Page 4

Inde
endent Examiner's Re
ort to the Trustees of
Stroud Valle
spro
ect Limited
Independent examiner's report to the trustees of Stroud Valleys Project Limited {'the Company.)
report lo the charity trustee5 on my examination of the accoLJnls of the Company for the year ended
31 March 2024.
Responsibilities and basis of roport
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to ba audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my 8xamination of your charity's
accounts as carried out under Section 145 of th8 Charitles Act 2011 I'lhe 2011 Acl'}. In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145(5) Ib} of the
2011 Act,
Independent examiner's statement
Since your charity's gross income 8XC86ded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified lo undertake the examination because l am a member of the Insliluta of
Chartered Accountants in England and Wales, whlch Is one of th8 Ilsled bodles.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving m6 cause lo believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act., or
th8 accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of Sectlon 396 of the 2006 Act other
than any requirement that the accounts give a true and falr view which is not a matter considered as
parl of an independent examination,, or
the accounts have not b8an prepared in accordancè with the methods and princlples of the Slalement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 102}1.
I have no concerns and have come across no other matters in connectlon wlth the examination to whSch
attention should be drawn in this r8POrt In order to enable a proper understanding of the accounts to be
reached.
Use of our report
This report is made so181y to the charitable companls Iruslees, as a body, in accordance with the regulations
made under Section 154 of the Charities Act 2011. My work has been undertaken so that I might slate lo the
companls trustees those mallers l am required lo stale lo them in an independent examiner's report and for
no other purpose. To the fullest extent permilled by law, I do not acc8PI or assume responsibility lo anyone
other than the charitab16 company and the charitable company's trusteés, as a body, for my work, for this
r8POrt, or for the opinlons I have form8d,
Bén Hall FCA
millhall consultants Itd
Carlson Suite
Vantage Point Business Village
Milcheldean
Gloucestershire
GL17 ODD
12 September 2024
Page 5

Stroud Valle
sPro
ect Limited
Statement of Financial Activities
for the Year Ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
fund
Nolgs
INCOME AND ENDOWMENTS FROM
Donations and legacies
77,883
5.597
83,480
48,093
Charltablo a¢tlvltlo$
Charitable Activite5
62,561
141.208
203,769
187.574
Investment income
Other income
295
20,492
295
20,492
33
18,187
Total
161,231
146,805
308,036
253,887
EXPENDITURE ON
Raislng funds
18,860
8,943
27,803
21,631
Charltable actlvltles
Charitable Activities
118,609
135.401
254,010
236,504
Total
137,469
144,344
281,813
258,135
NET INCOMEIIEXPENDITURE)
Transfers between funds
23,762
2,461
2,461
(2,4611
26,223
(4,248)
Net movement In funds
26,223
26,223
14,248)
RECONCILIATION OF FUNDS
Total funds brought forward
85,271
85,271
89,519
TOTAL FUNDS CARRIED FORWARD
111,494
111,494
85,271
The notes form part of these financial statements
Page 6

Stroud Valle
sPro
ect Limited
Balance Sheet
31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
fund
Notes
FIXED ASSETS
Tangible assets
3,298
3,298
3,285
CURRENT ASSETS
Debtors
Cash at bank
64,228
128,501
64.228
128,501
62,925
153,575
192,729
192,729
216,500
CREDITORS
Amounts falling due within one yaar
184,533}
{84,533)
{134,5141
NET CURRENT ASSETS
108,196
108,196
81,986
TOTAL ASSETS LESS CURRENT
LIABILITIES
111,494
111,494
85,271
NET ASSETS
111.494
111,494
85,271
FUNDS
Unreslricled funds
111,494
85,271
TOTAL FUNDS
111,494
85,271
The charitable company is entitled to exemption from audit under Sectlon 477 of the Companies Act 2006 for
the year ended 31 March 2024,
The members have not requSred the company to obtaln 8n audit of ils flnancial statements for Ihe y8ar ended
31 March 2024 in accordance with Secllon 476 of the Companies Act 2006.
The trustees acknowledge their responsibililies for
(a)
ensuring that the charitable company ke8ps accountlng records that comply with Seclions 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the slate of affairs of the charitable
Company as al the end of each financial year and of ils surplus or deficit for 8ach financial year in
accordance with the requirements of Sections 394 and 395 and which Oiherwise comply with the
requirements of the Companies Act 2006 relating lo financial statements, so far as applicable lo the
charitable company.
Ib)
These financial statements have been prepared in accordance with the provisions applicabl8 to charitable
companies subject lo the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
12 September 2024 and were sign8d on its behalf by..
S C Parkes - Trustee
The notes form part of these financial statements
Page 7

Stroud Valle
sPro
ect Limited
Notes to the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP IFRS 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 IFRS
102) leffectlV8 1 January 20191,, Financial Raporting Standard 102 'The Financial R8POrting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historlcal 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 m8asured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
COTnmitting the charity lo that expenditure, it is probable that a transfer of economic benefits will be
r8quired in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified und8r headings that aggregate all cost
related lo the category. Where costs cannot be directly altrlbuted to particular headings they have been
allocated to actlvllies on a basis consistent with the use of resources.
Tanglble flxed assets
Depreciation is provided at the following annual rates in order lo write off each asset over its estimated
useful life.
Taxatlon
The charity is exempt from corporation lax on ils charitable activities.
Fund accounting
Unrestricted funds can be used in accordance Wlth the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for partl¢ular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or whèn funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in th8 notes lo the financial
stal8m8nts.
Hlre purchase and leasing commltments
Rentals paid under operating leases are charged to the Statement of Financial Activltles on a straight
line basis over the period of the lease.
Penslon costs and other post.retlrement beneflts
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension s¢heme are charged to the Statement of Financial Activities in the
period to which they relate.
Page 8
continued..-

Stroud Valle
sPro
ect Limited
Notes lo the Financial Statements - continued
for the Year Endeij 31 March 2024
INVESTMENT INCOME
2024
2023
Bank Interest
295
33
NET INCOMEI(EXPENDITURE)
Net incomel{expenditure) is slated after chargingllcreditingl..
2024
2023
Depreciation - owned assets
Hire of plant and machinery
Other operating leases
824
1,647
1,401
821
1,591
217
TRUSTEES, REMUNERATION AND BENEFITS
There were no Irust6es' remuneratlon or other benefits for the year ended 31 March 2024 nor for the
year ended 31 March 2023.
Trustees, expen$e8
There were no Iruslees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted R8Stricted
funds
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
46,552
1,541
48,093
Charltable actlvltl•8
Charitable Acliviles
49,299
138,275
187,574
Investment income
Other income
33
18,187
33
18,187
Total
114,071
139,816
253,887
EXPENDITURE ON
Raising funds
21,392
239
21,631
Charltable actlvltles
Charitable Activities
109,119
127,385
236,504
Total
130,511
127,624
258,135
NET INCOMEI(EXPENDITURE)
Transfers between funds
116,440)
12,192
12,192
(12,1921
{4,2481
Net movement in funds
14,2481
14,248}
RECONCILIATION OF FUNDS
Total funds brought forward
89,519
89,519
Page 9
continued...

Stroud Valle
s Pro'ect Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted
funds
fund
Total
funds
TOTAL FUNDS CARRIED FORWARD
85,271
85,271
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
COST
At 1 April 2023
Additions
65,948
837
At 31 March 2024
66,785
DEPRECIATION
Al 1 April 2023
Charge for year
62,663
824
At 31 March 2024
63,487
NET BOOK VALUE
Al 31 March 2024
3,298
At 31 March 2023
3,285
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Amounts owed by group undertakings
Prepayrn8nls
13,888
46,786
3,554
14,687
44,881
3,357
64,228
62,925
Page 10
continued..

Stroud Valle
sPro
ect Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Social security and other taxes
Accruals and deferred income
2,000
3,049
79,484
2,430
2,905
129,179
84,533
134,514
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
3113124
At 114123
Unrestrlctèd funds
Unrestricted funds
85,271
23,762
2,461
111,494
Rostricted funds
Restricted funds
2,461
(2,461)
TOTAL FUNDS
85,271
26,223
111,494
N6t movement in funds, included in the above are as follows..
Incoming
resources
Resources Movement
expended
in funds
Unrèstrlcted fund8
Unrestricted funds
181,231
{137,4691
23,762
Rostrlcted fund$
Restricted funds
146,805
{144,344J
2,461
TOTAL FUNDS
308,036
(281,813)
26,223
Comparatives for movemant In funds
Net
movement
in funds
Transfers
between
funds
At
3113123
At 114122
Unrestricled funds
Unrestricted funds
89,519
(16,4401
12,192
85,271
Restrlcted funds
Restricted funds
12,192
(12,1921
TOTAL FUNDS
89,519
{4,248}
85,271
Page 11
continued...

Stroud Valle
sPro
ect Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
MOVEMENT IN FUNDS - contlnued
Comparative net movement in funds, included in the above are as follows..
Incoming Resources Movement
resources
expended
in funds
Unrestrlcted funds
Unrestricted funds
114,071
(130,5111
116.440)
R8Strl¢ted funds
Restrict8d funds
139,816
(127,624)
12,192
TOTAL FUNDS
253,887
1258,1351
(4,2481
A current year 12 months and prior year 12 months combined position is as follows.,
Net
Transfers
movement
betwe8n
in funds
funds
At
3113124
At 114122
Unrestrlcted funds
Unreslrict6d funds
89.519
7,322
14,653
111,494
Restrlcted fund8
Restricted funds
14,653
114,653)
TOTAL FUNDS
89,519
21,975
111,494
A current year 12 months and prlor year 12 months combined net mov8m8nl in funds, includ8d In the
above are as follows..
Incoming Resources Movement
resources
expended
in funds
Unrostrlct8d fund8
Unrestricted funds
275,302
1267,980}
7,322
Restrlcted funds
Reslrict8d funds
286,621
(271,9681
14,653
TOTAL FUNDS
561,923
{539,9481
21,975
Page 12
continued.-.

Stroud Valle
sPro
ect Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
10.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 13

Stroud Valle
sPro
ect Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and l•ga¢los
Donations
Gift aid
Legacies
Admissions
Donated sarvices and facilities
Events
56,616
2,690
11,306
208
3,048
9,612
33.901
1,937
443
3,726
8,086
83,480
48,093
Investment Income
Bank In16resl
295
33
Charltabla actlvltles
Grants
Contracts & SLAS
158,313
45,458
132,903
54,671
203,769
187,574
Other Income
Rent Incom8
Insurance claim
19,230
1,262
18,187
20,492
18,187
Total Incomlng resources
308,036
253,887
EXPENDITURE
Ralslng donatSon8 and 1ogaclo8
Wages
Other operating leases
Operating a trading subsidiary
4,922
217
13,904
1,401
15,837
17,238
19,043
Other tradlng actlvltles
Purchases
Bank interest
10,214
351
2,161
427
10,565
2,588
Charitable actlvitie$
Wages & Salaries
Social security
Pensions
Hire of plant and machinery
Carried forward
173,179
4,982
5,154
1,647
184,962
154,008
9,640
4,691
1,591
169,930
This page does not form part of the statutory financial statements
Page 14

Stroud Valle
sPro
ect Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
2024
2023
Charitable actlvltles
Brought fO￿ard
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Project Materials
Contractors
ToolslEquipment - not capitall
Volun18er Expenses
Training
Rent
Travelling
Office Machine Maintenance
Repairs and Renewals
Cleaning
Premises Exp8ns88
Refreshments
Recruitment Expenses
Audit and Accountancy Fees
Professional Fees
Fixtures and fittings
184,962
607
3,744
4,845
1,279
2,364
2,132
9,338
18,115
1,765
198
339
13,629
3,234
717
224
130
1,128
1,703
189
2,544
169,930
750
3,599
4,326
1,321
2,200
720
15,947
6,959
1,996
361
1,482
13,570
3,950
1,421
171
140
806
1,999
141
2,652
1,242
821
824
254,010
236,504
Total resources expended
281,813
258,135
Nel Incomel{expendlturel
26,223
14,248)
This page does not form part of the statutory financial statements
Page 15