2024-03-31-accounts - Kabosh

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REGISTERED COMPANY NUMBER: NI029738 (Northern Ireland) REGISTERED CHARITY NUMBER: 100917

Report of the Trustees and Unaudited Financial Statements

for the Year Ended 31 March 2024

for KABOSH

M.B.McGrady & Co Chartered Accountants Suite 2B

Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH

KABOSH

Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024

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Page
Reference and Administrative Details 1
Report of the Trustees 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Statement of Financial Position 8 to 9
Notes to the Financial Statements 10 to 22
Detailed Statement of Financial Activities 23 to 24
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KABOSH

Reference and Administrative Details FOR THE YEAR ENDED 31 MARCH 2024

TRUSTEES

Nicola Abernethy - Communications Manager Laura Bradley - Arts Manager Aine Gleghorne - Accountant Mary Jordan - Actress and Drama Facilitator Emma McErlean - Play Therapist Rosemarie McHugh - Accountant Siobhan Winston - Accountant Matthew Ward - Accountant Albert Hamilton - Director Davy Kettyles - Trade Union Organiser (appointed 12/6/2023)

COMPANY SECRETARY A Hume REGISTERED OFFICE Imperial Buildings 72 High Street Belfast BT1 2BE REGISTERED COMPANY NI029738 (Northern Ireland) NUMBER REGISTERED CHARITY 100917 NUMBER

REGISTERED OFFICE

INDEPENDENT EXAMINER

M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH

KABOSH

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

The trustees, who are also directors for the purposes of company law, present their report and the financial statements of the company for the year ended 31 March 2024.

Reference and Administrative details

Reference and administrative details are shown in the schedule of members of the board and professional advisors on page 1 of the financial statements.

OBJECTIVES AND ACTIVITIES

Objectives and aims

2023-24 saw Kabosh present a range of high quality, socially engaged theatre locally, nationally, and internationally. Kabosh continues to develop its aims and objectives in line with its agreed business development plan, focusing on giving a voice to sites, spaces and people through reinventing and reinterpreting the ways in which stories are told.

Kabosh aims to:

create exciting theatre in different types of locations
create engaging narrative using local stories and histories to commission plays that chart the way the north of Ireland is evolving
provide quality, stimulating entertainment for everybody living in and visiting Ulster
develop new audiences for theatre and encourage repeat attendance
transform lives through theatre
animate public spaces
re-examine contested space in Northern Ireland
develop arts and culture within Ireland, promoting its worth nationally and internationally

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

KABOSH

OBJECTIVES AND ACTIVITIES

Significant activities

Kabosh continue to diversify and strengthen its range of stakeholders and income streams.

Major projects during 2023/24 included:

Green & Blue

Written by Laurence McKeown; performed by James Doran and Vincent Higgins; creative team: Liz Cullinane, Sandy Cuthbert, Stuart Marshall and Conan McIvor; crew: Caitlín Hunter, and Stephen Quinn. Based on an oral archive of testimonies from former serving An Garda Síochána and Royal Ulster Constabulary officers who patrolled the border during the height of the conflict. Originally developed in partnership with Diversity Challenges, with first performance in 2016, revivals of Green & Blue continue to play an important role in our artistic strategy. Performed to a combined audience of 1,183 at: Argyle Business Centre, Belfast, The Mick Lalley Theatre, Galway, The Old Church Centre, Cushendun, Ranfurly House, Dungannon, London Irish Centre, Camden, Project Arts Centre, Dublin, The Courthouse Theatre, Antrim, Shorts Recreational Club, Belfast, The Court House, Bangor, Down Arts Centre, Downpatrick, Midlands Arts Centre, Birmingham, Chester Lane Library, St Helen's, Hope Street Theatre, Liverpool, Emory University, Atlanta, Carnegie Mellon University, Pittsburgh, City Theatre, Pittsburgh, Xavier High School, NYC, New York Irish Centre, NYC, Boson College, Boston, Brigid's Well, Ottawa.

Presented with support from: Arts Council of Northern Ireland, Department of Foreign Affairs Reconciliation Fund and Culture Ireland.

The Occasional Gardener

Designed and co-ordinated by Carol Moore with support from Anna O'Kane (visual artist), Neil Keery & Paula O'Reilly (movement) and Kat Reagan (singer). An 8-week arts and reminiscence project inspired by gardening presented in 3 Macklin NI care homes for 30 dementia sufferers and their carers.

Supported by the Arts Council of Northern Ireland's Arts & Older People's Fund and Unite The Union.

Not On Our Watch

Written by Louise Mathews; performed by Bernadette Brown, Rachael McCabe, and Catriona McFeely; creative team: Elle Kent, and Katie Richardson; crew: Stephen Quinn. Commissioned by Unite The Union in October 2022 and first performed in January 2023, this powerful piece of agitprop theatre was conceived to explore the worker's movement in the wake of the closure of Regina Coeli House, the north's only dedicated women's hostel. Revived in August 2023, with performances in Shorts Recreational Club, Belfast, Cultúrlann Uí Chanain, Derry, The Old Church Centre, Cushendun, The Deer's Head, Belfast, The Felon's Club, Belfast, The Teacher's Club, Dublin, Tí Chulainn Cultural Activity Centre, Mullaghbawn, and The Court House, Bangor to a combined audience of 712.

Political Discourse In Schools

Political Discourse In Schools was an initiative developed by Kabosh to assist secondary school pupils and teachers in addressing socio-political KS3 & KS4 curriculum areas though engagement with high-quality theatrical experiences and tailored post-show discussions. During the 2023-24 academic year, Kabosh brought work from our catalogue directly into schools to prompt learning and discussion on the legacy of conflict, borders, policing, gender politics, women's rights, the housing crisis, human trafficking, and domestic servitude.

In addition to presenting work in schools, several groups of pupils were provided with subsidised tickets to experience shows in theatre settings. The productions presented include: Green & Blue by Laurence McKeown, Not On Our Watch by Louise Mathews, and Silent Trade by Rosemary Jenkinson. Participating schools included: St Pius X College, Magherafelt, Bangor Grammar School, Bangor, Erne Integrated College, Enniskillen, Shimna Integrated College, Newcastle, Larne Grammar School, Larne, Drumragh Integrated College, Omagh, and St. Patrick's Academy, Dungannon, with a combined total of 530 participating pupils.

Presented with support from the Department of Foreign Affairs Reconciliation Fund.

KABOSH

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES

Belfast City Council's International Women's Day Celebrations

Kabosh collaborated with Belfast City Council to present a series of performances and discussions celebrating International Women's Day, and the historic unveiling of statues of Winifred Carney and Mary Ann McCracken in the grounds of Belfast City Hall. During the unveiling of these statues, Charlotte McCurry and Carol Moore performed monologues depicting Carney and McCracken respectively, featuring scripts written by Tony Devlin, Louise Mathews, Laurence McKeown, and Clare McMahon. These monologues were reprised at an evening of performance and discussion at City Hall featuring poetry from Anesu Mtowa and music from Katie Richardson, alongside a panel discussion chaired by Lynette Fay with contributions from Chouger Maria Doughramajian, Dr Myrtle Hill, Eva Martin, and Patricia McKeown. Presented to a combined audience of 1,004.

Mary Ann The Forgotten Sister

Written by Clare McMahon, and developed with the support of Clifton House, Belfast Charitable Society, and the Mary Ann McCracken Foundation, Mary Ann The Forgotten Sister is a site specific promenade piece designed for performance between Clifton Cemetery and Clifton House, including the surrounding grounds. Script development, rehearsed readings, and preparatory rehearsal work was undertaken during the 2023-24 financial year, with performances following in April 2024.

Bespoke commissions and revival

Alongside the development of new work and the major productions highlighted, Kabosh also worked alongside the Hollywell Trust to present Third Person in Our Marriage, delivered regular tours of Quartered: Belfast, a Love Story, and performed Those You Pass On The Street for the International Coalition of Sites of Consciousness. Ongoing revival develops new audiences for Kabosh, generates income for investment in additional products and offers quality employment for indigenous practitioners.

Kabosh Artistic Director Paula McFetridge also contributed as a panellist and guest artist for a number of conferences and projects including: Hearth for Belfast Film Festival, Do Rocks Listen for Bauhaus-Universität Weimar, as well as on-going participation in the Price of Performance, Stages of Violence, and The Senses Network international research projects.

4,704 audience members (2022/23: 3,706) and 2,627 participants (2022/23: 973) engaged with the work produced during the year. In 2023/24 Kabosh engaged 88 freelance artists and practitioners (2022/23: 127) at a cost of £58,436 (2022/23: £104,795.57).

In addition to the delivery of productions and projects, Kabosh also provide extensive support to the wider arts and community sectors through tailored artistic and production advice, free equipment or space hire and mentorship support for individuals and organisations. This support is provided in-kind at no cost to the beneficiary. In 2023-24 Kabosh provide in-kind support to the value of £30,638.

1,184 supporters (2022/23: 1,239) received the Kabosh monthly newsletter, 5,293 followed the company on Twitter (2022/23: 5,177) and 3,693 'like' the Kabosh Facebook page (2022/23: 3,500), 1,667 people follow the Kabosh Instagram page (2022/23: 1,458) - social media continues to be a major communication tool for the company.

A number of funding bodies invested in Kabosh throughout this financial year. The main grant making bodies are listed on page 18 and outlined below are the Trusts, Foundations, Commissioning bodies and clients during 2023/24:

Arts Council Northern Ireland (Annual Funding Programme, Arts & Older People Programme, Commissioning Programme)
Belfast Charitable Society (Mary Ann McCracken Foundation)
Belfast City Council
Culture Ireland
Department for Communities / Future Screens NI
The Foyle Foundation

KABOSH

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

FINANCIAL REVIEW

Reserves policy

The charity had total fund reserves of £102,106 as at 31st March 2024, comprising £25,853 of restricted reserves, £39,706 of general unrestricted reserves and £36,547 of designated unrestricted reserves.

The charity's aim is to hold designated unrestricted reserves equivalent to three months operating costs in the event of a significant unexpected event or the winding up of the company. This will be achieved through the designation of unrestricted net income at the end of each financial year. General unrestricted reserves are available for the furtherance of the objectives of the charity. Restricted reserves are funds which must be used in accordance with the requirements of the awarding body.

FUTURE PLANS

Kabosh intends to continue its activities outlined in the new strategy, subject to satisfactory funding arrangements. Plans have been developed to commence a number of new productions and it is hoped that the company will realise a full creative programme over the next three years. The current model of operation includes a three-pronged approach to fundraising; sectoral funding, earned income, and charitable giving (including trusts and foundations).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Organisational Structure

Kabosh is a company limited by guarantee and does not have a share capital. It is governed by a Memorandum and Articles of Association and the liability of each director is limited to an amount not exceeding £1.

The company is governed by the Board of Directors. The Artistic Director and General Manager are responsible for the day to day running of the company.

The directors who served the company during the year were as follows: Nicola Abernethy Laura Bradley (chairperson) Aine Gleghorne Albert Hamilton Mary Jordan Davy Kettyles (appointed 12 June 2023) Emma McErlean Rosemaire McHugh Matthew Ward Siobhan Winston

TAXATION STATUS

The company is recognised as a charity by HM Revenue & Customs. Accordingly, the company has availed of the exemptions contained in Section 505 Income and Corporation Taxes Act 1988 and Section 256 Taxation of Chargeable Gains Act 1992.

Approved by order of the board of trustees on 30 January 2025 and signed on its behalf by:

.................................................................... Rosemarie McHugh - Trustee

Independent Examiner's Report to the Trustees of Kabosh

I report on the accounts of the company for the year ended 31 March 2024, which are set out on pages seven to twenty two.

Respective responsibilities of charity trustees and examiner

As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

examine the accounts under Section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act
state whether particular matters have come to my attention.

Basis of the independent examiner's report

I have examined your charity accounts as required under Section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

That accounting records were not kept in accordance with Section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the 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
That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.

Seamus McLernon FCA

The Institute of Chartered Accountants in Ireland

M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast BT9 6GH

Date: 30 January 2025

KABOSH

Statement of Financial Activities (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2024

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31/3/24 31/3/23
UnrestrictedRestricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 199 63,082 63,281 62,921
Charitable activities 5
Programming - 108,627 108,627 141,945
Unrestricted 54,370 - 54,370 65,281
Investment income 4 339 - 339 96
Other income 6 21,334 - 21,334 21,306
Total 76,242 171,709 247,951 291,549
EXPENDITURE ON
Charitable activities
Programming - 243,664 243,664 232,345
Unrestricted 2,298 110 2,408 26,373
Total 2,298 243,774 246,072 258,718
NET INCOME/(EXPENDITURE) 73,944 (72,065) 1,879 32,831
Transfers between funds 16 (47,839) 47,839 - -
Net movement in funds 26,105 (24,226) 1,879 32,831
RECONCILIATION OF FUNDS
Total funds brought forward 50,148 50,079 100,227 67,396
TOTAL FUNDS CARRIED FORWARD 76,253 25,853 102,106 100,227
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The notes form part of these financial statements

KABOSH

Statement of Financial Position 31 MARCH 2024

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31/3/24 31/3/23
Notes £ £
FIXED ASSETS
Tangible assets 12 7,757 7,510
CURRENT ASSETS
Debtors 13 32,213 31,503
Cash at bank 82,288 67,881
114,501 99,384
CREDITORS
Amounts falling due within one year 14 (20,152) (6,667)
NET CURRENT ASSETS 94,349 92,717
TOTAL ASSETS LESS CURRENT
LIABILITIES 102,106 100,227
NET ASSETS 102,106 100,227
FUNDS 16
Unrestricted funds:
Unrestricted 39,706 38,601
Designated Funds 36,547 11,547
76,253 50,148
Restricted funds 25,853 50,079
TOTAL FUNDS 102,106 100,227
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

continued...

KABOSH

Statement of Financial Position - continued 31 MARCH 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2025 and were signed on its behalf by:

............................................. Rosemarie McHugh - Trustee

The notes form part of these financial statements

KABOSH

Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024

1. GENERAL INFORMATION

The charity is a private company limited by guarantee and is a registered charity with the Charity Commission for Northern Ireland.

The registered office address of the charity is Imperial Buildings, 72 High Street, Belfast BT1 2BE.

2. 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 (FRS 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

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 measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment - 20% reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds are unrestricted funds earmarked by the trustees for a particular future purpose.

continued...

KABOSH

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

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DONATIONS AND LEGACIES
31/3/24 31/3/23
£ £
Donations 1,281 921
ACNI Annual Funding 37,000 37,000
Belfast City Council - Annual Support 25,000 25,000
63,281 62,921
INVESTMENT INCOME
31/3/24 31/3/23
£ £
Deposit account interest 339 96
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3. DONATIONS AND LEGACIES

4. INVESTMENT INCOME

continued...

KABOSH

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

5. INCOME FROM CHARITABLE ACTIVITIES

6.

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Unrestricted Restricted Total Funds Total Funds
Funds Funds 2024 2023
£ £ £ £
Arts Council for Northern Ireland
(Projects)
Core (Projects) - 21,347 21,347 20,508
Arts and Older People - 9,000 9,000 8,000
Commissioning - 4,812 4,812 9,176
Belfast Charitable Society - 8,000 8,000 -
Community Relations Council - - - 5,000
Culture Ireland - 29,343 29,343 8,389
Department of Foreign Affairs
Reconciliation Fund - - - 33,181
Foyle Foundation - 15,000 15,000 -
Future Screens NI - 21,125 21,125 21,919
Garfield Weston Foundation - - - 20,000
Imagine Festival of Ideas & Politics - - - 2,000
Leche Trust - - - 2,000
Sylvia Waddilove Foundation UK - - - 1,000
Ulster University - - - 3,522
University of Teeside - - - 5,000
University of Warwick - - - 2,250
Ticket sales & earned income 54,370 - 54,370 65,281
54,370 108,627 162,997 207,226
OTHER INCOME
31/3/24 31/3/23
£ £
Sundry income 21,334 21,306
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Included in sundry income of £21,334 (2023: £21,306) is £16,169 (2023: £17,509) relating to Theatre Tax Relief claims for the year ended 31 March 2023.

continued...

KABOSH

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

7. SUPPORT COSTS

Personnel £ Programming 90,005 Unrestricted - 90,005 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Staff pension contributions Independent examiner's fee	Running Governance costs costs £ £ 18,509 5,968 1,344 80 19,853 6,048 31/3/24 £ 1,939 2,673 2,850	Totals £ 114,482 1,424
		115,906
		31/3/23 £ 1,878 2,609 4,200

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

9. TRUSTEES' REMUNERATION AND BENEFITS

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

10. STAFF COSTS

STAFF COSTS
Wages and salaries Social security costs Other pension costs	31/3/24 £ 84,294 3,038 2,673	31/3/23 £ 82,537 3,269 2,609
	90,005	88,415

The average monthly number of employees during the year was as follows:

	31/3/24	31/3/23
Administrative staff	3	3

No employees received emoluments in excess of £60,000.

Key Management Personnel

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

KABOSH

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2024

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31/3/24 31/3/23
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 1,281 921
ACNI Annual Funding 37,000 37,000
Belfast City Council - Annual Support 25,000 25,000
63,281 62,921
Investment income
Deposit account interest 339 96
Charitable activities
Project grants 108,627 141,945
Ticket and earned income 54,370 65,281
162,997 207,226
Other income
Sundry income 21,334 21,306
Total incoming resources 247,951 291,549
EXPENDITURE
Charitable activities
Other motor / travel costs 41,681 13,755
Production publicity costs 2,937 8,752
Actors costs 41,952 52,682
Set, costume & stage expenses 7,723 13,087
Other production costs 34,245 55,459
Venue hire 1,686 3,201
Bad Debt Write Off (58) -
130,166 146,936
Support costs
Personnel
Wages 84,294 82,537
Social security 3,038 3,269
Pensions 2,673 2,609
90,005 88,415
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This page does not form part of the statutory financial statements

KABOSH

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2024

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31/3/24 31/3/23
£ £
Personnel
Running costs
Insurance 2,407 2,322
Light and heat 1,528 1,417
Telephone 1,776 1,673
Postage and stationery 203 284
Sundries 2,038 1,019
Bank charges 290 376
Rent 6,432 6,432
Legal & Consultancy fees - 30
Repairs & maintenance 1,669 572
Marketing costs 72 635
Other motor / travel costs 762 561
Staff training - 80
Subscriptions 737 1,071
Fixtures & fittings depn 1,939 1,878
19,853 18,350
Information technology
Sundries - 96
Governance costs
Accountancy fees 5,930 4,800
Board expenses 118 121
6,048 4,921
Total resources expended 246,072 258,718
Net income 1,879 32,831
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This page does not form part of the statutory financial statements