Registered number: N1008546
Charity number: NIC102146
THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee
CONTENTS
Page
Reference and Administrative Detsils of the Company, its Trustees and Advisers
Trustees. Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10-21

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Trustees
Malcolm Richard Johnston
James Robert Johnston
Company registered
number
N1008546
Charity registered
number
NIC102146
Registered office
The Stables
29 Purdysburn Hill
Belfast
BT8 8JY
Accountants
Miscampbell & Co
Chartered Accountants & Statutory Auditors
6 Annadale Avenue
Belfast
BT7 3JH
Solicitors
Maccorkell Legal & Commercial
Garvey Studios
8-10 Longstone Street
Lisburn
BT28 1TP
Page 1

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2022
The Trustees present their annual report together with the financial statements of the Company for the 1
October 2021 to 30 September 2022. The Annual Report serves the purposes of both a Trustees, report and a
directors, report under company law. The Trustees confirm that the Annual Report and financial statements of
the charitable company comply with the current statutory requirements, the requirements of the charitable
companws governing document and the provisions of the Statement of Recommended Practice (SORP)
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report
required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors,
Report) Regulations 2013 has been omitted.
The J. & M. Trust Limited has the company number N1008546 and is a registered charity, charity number
NIC102146. The registerd office is The Stables, 29 Purdysburn Hill, Belfast, BT8 8JY. The trustees during the
period and at the report approval date are Mr J Johnston and Mr M Johnston.
Objectlves and activities
a. Policies and objectives
The principal activity is the advancement of the Gospel of the Lord Jesus Christ and for this purpose to raise
funds by means of subscriptions, donations and bequests and to make donations or subscribe money to or for
religious, educational or other charitable purposes.
b. Main activities undertaken to further the charity's purpose for the public benefit
The donations received by the charity are used to make grants for other religious and charitable purposes, that
the Trustees are confident are in line with the charity's purposes and objectives.
The Trustees have regard to the Commission's Public benefit requirement statutory guidance.
Achievements and performance
a. Maln achievements of the Company
The level of donations received has decreased this year and the level of donations made has also decreased.
The grants made for the year are substantially to known and approved charities, consistent with the charity's
purpose and objeotives.
Flnancial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
oncern basis can be found in the accounting policies.
There were no debts, either due to or by the charity, other than in the normal course of charitable activities.
Page 2

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 30 SEPTEMBER 2022
b. Reserves policy
The Trustees do not consider a reserves policy is ne￿Ssary.
Structure, governance and management
a. Constitution
The J. & M. Trust Limited is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association.
b. Methods of appointment or election of Trustees
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the
terms of the Memorandum of Association.
There is no individual or organisation with the power to appoint charity Trustees.
c. Organisational structure and decision-making policies
The Trustees are closely involved in the decision making of the charity- The vast majority of the Trust
resources are applied to projects with which the Trustees have a close knowledge and understanding and
usually over the long term. Trustees tend to support such projects with grants over the medium to long term and
build knowledge and familiarity with grantees.
Since the Trust tends to support projects about which the Trustees have knowledge and understanding, it does
not receive applications for grants.
Funds held as custodian
No funds are held as custodian.
Page 3

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Statement of Trustees. responsibilities
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for
preparing the Trustees. Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees must not approve the financial stalements unless they are satisfied that they give a true and fair view of
the state of affairs of the Company and of its incoming resources and application of resources. including its
income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently,
observe the methods and principles of the Charities SORP (FRS 102)"
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards {FRS 102) have been followed. subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Companywill continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Companws transactions and disclose wilh reasonable accuracy at any time the financial position of the
Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
m Richard Johnston
Date: 2 May 2023
Page 4

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Independent Examiner's Report to the Trustees of The J. & M. Trust Limited
I report on the financial statements of the company for the year ended 30 September 2022 which are set out on
pages 7 to 21.
Respective Responsibilities of charity Trustees and Examiner
As the company's trustees (and also the directors of the company for the purpose 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 company 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 (Northern Ireland) 2008-
follow the procedures laid down in the general Directions given by the Commission under section 65{91(b)
of the Charities Act., and
state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
I have examined your company 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.
My examination included a review of the accounting records kept by the company and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from you as company 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 IFRS 102).,
that there is further information needed for a proper understanding of the accounts to be reached.
Independent Examinerfs 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.
This report is made solely to the company's Trustees, as a body, in accordance with section 65(3)(a) of the
Charities Act (Northern Ireland} 2008 and regulations made under section 66 of that Act. My work has been
undertaken so that I might state to the company's Trustees those matters l am required to state to them in an
Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept
or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work
or for this report.
Page 5

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Signed.
Dated.. 2 May 2023
P Miscampbell FCA
Miscampbell & Co.
Chartered Accountants & Statutory Auditors
6 Annadale Avenue
Belfast
BT7 3JH
Page 6

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Total
funds
2021
Note
Income from:
Donations and legacies
Investments
40,913
37,500
500
78,413
500
106, 147
500
Total income
40,913
38,000
78,913
106,647
Expenditure on:
Charitable activities
34,800
71,418
106,218
124,873
Total expenditure
34,800
71,418
106,218
124,873
Net movement in funds
6,113
133,418)
(27,305)
(18,226)
Reconciliation of funds:
Total funds brought forward
Net movement in funds
14,718
6.113
52,027
(33.418)
66,745
(27,305)
84,971
(18,226)
Total funds carried forward
20,831
18,609
39,440
66. 745
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 10 to 21 form part of these financial statements.
Page 7

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
REGISTERED NUMBER.. N1008546
BALANCE SHEET
AS AT 30 SEPTEMBER 2022
2022
2021
Note
Fixed assets
Investments
15,080
15,080
15,080
15,080
Current assets
Debtors
Cash at bank and in hand
12
20
52,485
25,740
25,740
52,505
Creditors: amounts falling due within one
year
13
(1,380
(840)
Net current assets
24,360
51,665
Total assets less current liabilities
39.440
66, 745
Net assets excluding pension asset
39,440
66, 745
Total net assets
39,440
66, 745
Charity funds
Restricted funds
Unrestricted funds
15
15
20,831
18.609
14,718
52,027
Total funds
39,440
66, 745
Page 8

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
REGISTERED NUMBER: N1008546
BALANCE SHEET {CONTINUED)
AS AT 30 SEPTEMBER 2022
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The TTUStees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 02 May 2023 and signed on
their behalf by.
Malco
m Richard Johnston
The notes on pages 10 to 21 form part of these financial statements.
Page 9

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
General information
The J&M Trust Limited is a company limited by guarantee. The company is incorporated in Northern
Ireland and has the company number N1008546. The registered office address and principal place of
business is The Stsbles, 29 Purdysburn Hill, Belfast, BT8 8JY. The principal activity of the company
continued to be that of fundraising for religious and charitable purposes.
Accounting policies
2.1 Basis of preparation of financial statements
The financial ststements 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), the Financial Reporting Stsndard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The J. & M. Trust Limited meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
The financial statements are presented in Sterling {£). The level of rounding is £1.
2.2 Going concern
After reviewing the company's investment strategy, forecasts and projections, the Directors have a
reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable futL5re. The company therefore continues to adopt the going concern
basis in preparing its financial statements.
2.3 Income
All income is recognised once the Company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliabSy.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balan￿ Sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is re￿Ived, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.4 Expenditure
Page 10

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Accounting policies (continued)
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, 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 classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Company's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.5 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value
cannot be measured reliably in which case it is measured at cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'Gainsl{Losses) on
investments, in the Statement of Financial Activities.
Investments in subsidiaries are valued at cost less provision for impairment.
2.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
Page11

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Accounting policies (continued)
2.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or
the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.9 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumptions..
The Company makes estimates and assumptions concerning the future. The resulting accounting
estimates and assumptions will, by definition, seldom equal the related actual results.
Page 12

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Income from donations and legacies
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Donations
40,913
37,500
78.413
Restricted Unrestricted
funds
funds
2021
2021
Total
funds
2021
Donations
13,396
92,751
106, 147
Investment incomo
Unrestricted
funds
2022
Total
funds
2022
Investment income- Preference Share Dividend
500
500
Unrestricted
funds
2021
Total
funds
2021
Investment income - Preference Share Dividend
500
500
Page 13

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2022
2022
Total
2022
Donations and Support Costs
Orphanage Emmanuel and other
71,418
71,418
34.800
34,800
34,800
71,418
106.218
Restricted Unresfricfed
funds
funds
2021
2021
rotal
2021
Donations and Support Costs
Orphanage Emmanuel and other
121,048
121,048
3,825
3,825
3. 825
121,048
124,873
Support cost
Unrestricted
funds
2022
Total
funds
2022
Accountancy
Office costs
Bank fees
Other expenses
1,260
3.150
1,260
3.150
14
14
4.424
4,424
Page 14

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Unrestricted
funds
2021
Total
funds
2021
Accountancy
Office costs
Bank fee
Other expenses
1,200
3,150
43
1,200
3,150
43
17
17
4,410
4,410
Independent examinerfs remuneration
2022
2021
Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts
1,260
1,200
Staff costs
The average number of persons employed by the Company during the year was as *ollows'.
2022
No.
2021
No.
Trustees
No employee received remuneration amounting to more than £60,000 in either year.
10.
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2021- £NIL).
During the year ended 30 September 2022, no Trustee expenses have been incurred (2021- £NIL).
Page 15

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
11.
Fixed asset investments
Shares in
group
undertaking
Cost or valuation
At 1 October 2021
15,080
At 30 September 2022
15,080
Net book value
At 30 September 2022
15,080
At 30 September 2021
15,080
Principal subsidiaries
The following was a subsidiary undertaking of the Company..
Name
Holding
Ideal Estates {Belfast) Limited
99%
The financial results of the subsidiary for the year were..
Name
Profitl{Loss)
I Surplusl
(Deficit} for
the year
Net assets
Ideal Estates (Belfast) Limited
2,620
475.572
All the fixed asset investments are held in the UK.
Page 16

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
12. Debtors
2022
2021
Due within one year
other debtors
20
20
13. Creditors: Amounts falling due within one year
2022
2021
Accruals and deferred income
1,380
840
14.
Financial instruments
2022
2021
Financial assets
Financial assets measured at fair value through income and expenditure
25,740
52,485
Financial assets measured at fair value through income and expenditure comprise bank balances.
Page17

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
15. statement of funds
Statement of funds - current year
Balance at
30
September
2022
Balance at 1
October
2021
Income Expenditure
Unrestricted funds
General Funds - all funds
52,027
38,000
171,418)
18,609
Restricted funds
Restricted Funds - all funds
14,718
40,913
(34,800)
20.831
Total of funds
66,745
78,913
(106,218)
39,440
Page 18

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
15. Statement of funds (continued)
Statement of funds - prior year
Balance at
30
September
2021
Balance al
l October
2020
Income Expenditure
Unrestricted funds
General Funds - all funds
79, 824
93,251
(121.048)
52,027
Restricted funds
Restricted Funds- all funds
5, 147
13,396
(3, 825)
14,718
Total of funds
84,971
106,647
(124, 873)
66, 745
16. Summary of funds
Summary of funds - current year
Balance at
30
September
2022
Balance at 1
October
2021
Income Expenditure
General funds
Restricted funds
52,027
14,718
38,000
40,913
{71,418)
{34,800)
18.609
20,831
66,745
78,913
(106,218)
39,440
Page 19

THE J. & M. TRUST LIMITED
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
16. Summary of funds lcontinued)
Summary of funds - prior year
Balance al
30
September
2021
Balance al
l October
2020
Income Expenditure
General funds
79, 824
5,147
93,251
13,396
(121,048)
(3, 825)
52,027
14,718
Restricted funds
84,971
106,647
(124, 873)
66, 745
17.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Fixed asset investments
Current assets
Creditors due within one year
15,080
5,751
15,080
25,740
(1,380)
19,989
(1,380}
Total
20,831
18,609
39,440
Analysis of net assets between funds - prior year
Restricted Unrestricted
funds
funds
2021
2021
Total
funds
2021
Fixed asset investments
Current assets
Creditors due within one year
15,080
37.787
(840)
15,080
52, 505
(840)
14,718
Total
14,718
52,027
66, 745
Page 20

THE J. & M. TRUST LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
18. Related party transactions
The J. & M. Trust Limited and Ideal Estates (Belfast) Limited have a common director. The total
donations received, without conditions, amounted to £7.500 (2021 £50,000) during the year. The J & M
Trust Limited and Angello Development Foundation have a common director. The total donations paid
amounted to £30,000 (2021.. £40,000).
Page 21