COMPANY REGISTRATION NUMBER: N1063910 CHARITY REGISTRATION NUMBER: XT1572 Lagan Valley Regional Park Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2023 AUBREY CAMPBELL & COMPANY Chartered Accountants & Registered Auditors 631 Lisburn Road BeSfast BT9 7GT
Lagan Valley Regional Park Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 11 The following pages do not form part of the financial statements Detailed statement of financial activities 20 Notes to the detailed statement of financial activities 21
Lagan Valley Regional Park Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) Year ended 31 March 2023 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023. Reference and administrative details Registered charlty name Lagan Valley Regional Park Limited Charity registration number 1572 Company registration number N1063910 Principal office and registered 3 Lock Keeper's Lane office Milltown Road Belfast BT87 The trustees Mr M Murray Mr D Hughes Mr J Jackson Mr C Somerville Mr S Pollock Councillor G McAteer Ms U McKernan Chi Ting Yip Councillor J Palmer Councillor A Swan Councillor U Mackin Councillor G Spratt Ms G Daly Mr T Duffy Dr B Simon Councillor K Nicholl Mr C Kinney Ms S Mcclintock (Appointed 19 December 2022) (Retired 27 June 2022) (Retired 27 June 2022) (Appointed 27 June 2022) (Appointed 27 June 20221 (Retired 16 April 2023) Company secretary Dr Andy Bridge Independent examiner John Magee Aubrey Campbell & Company 631 Lisburn Road Belfast BT9 7GT
Lagan Valley Regional Park Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (condnued) Year ended 31 March 2023 structure. govemance and management The Board is made up of public representatives from Belfast City Council (BCC), and Lisburn and Castlereagh City Council (LCCC}, and individuals with a particular interest in the environment and conservation. Under the guidance of a Chairman and Vice Chairman, each Director is charged with governance over the operation of the Regional Park, maintenance of its assets and welfare of its staff. There are four Board Subcommittees= Audit and Risk. Finance and Strategy; Selection and Planning. A Company Secretary is responsible for charities regulations, Companies House administration and all aspects of financial compliance. The Board meet regularly throughout the year. An effective structure runs the Park on a day to day basis. The Management Committee (including related stakeholder representatives) and Park Manager are supported by the relevant functional heads in LCCC and BCC. The Park Manager in lum manages the operational and administrative staff. Objectives and aGtivities All of the Park's objectives and activities are underpinned by Ihe Board and staffs desire to promote the Park to visitors. thus ensuring its long tenm future. Their strategy document and management plan outline the long term sustainability of the Regional Park and AONB. The key long term strategic focus areas are Biodiversity. Heritage, Visitors, Community, Landscape. and Health and Recreation. These themes are reflected in the five year management plan, covering the period 2017 to 2022 and will be be reviewed in developing the next five year management plan 2023 to 2028. The plan focuses on tasks such as biodiversity monitoring, enhancement and protection through practical conservation of woodland. wetland. wildflower meadow and hedgerow, to extensive survey work of key fauna including bees, butterflies. wildfowl and small mammals. The Park actively promotes and protects the buill and cultural heritage of the area and is exploring the potential to uncovering the archaeological aspects of the area with a proposed audit of archaeological features in the park from which a a larger project may develop. The team also cover aspects of recreational planning and support for a range of diverse park users and visitors. In built planning. the regional park ensures that planning policy plays its part in preserving the Park's character, landscapes and biodiversity and this year responded to 14 planning consultations. as well as contributing to several strategic consultations affecting the Park and the wider countryside. The Park continues to maintain over 47km of paths to make the Park accessible to the general public, to investigate the possibility of physical links to other conservation areas, and to further enhance the existing towpath. Park management are also working on ongoing practical works. aimed at the conservation of rare species and habitats, whilst sympathetically improving the aesthetics of the Park. This includes developing biodiversity by way of promoting and protecting priority species, through tackling invasive species via a separate initiative, and by protecting and creating existing and new habitats.
Lagan Valley Regional Park Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢ofttlnu8d) Year ended 31 March 2023 Achievements and perfomiance The Regional Park continues to welcome large numbers of visitor with 1.8 million visitors recorded during 2021 and 2022 stabilising to a higher level than before the Covid peak of 1.97 million users. This makes it the most visited outdoor visitor attraction in Northem Ireland and continues to present challenges both in terms of pressure on resources and user needs. Financlal review Core funding for the Park comes from Lisbum and Castlereagh City Council. Belfast City Council, the Department for Infrastructure. Despite continuing difficulties as a result of austerity and the political impasse on the not-for-profit sector in Northern Ireland, we successfully secured £220.191 of funding during the 2022123 financial year. This is higher than the previous year. As expected, core costs are almost entirely consistent with the previous year. As with the prior two years, careful financial planning and management means that the company was in surplus. This has an effect of leaving an overall underspend of approximately £8,500. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
Lagan Valley Regional Park Limited Company Limited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) (Gontlnued) Year ended 31 March 2023 The trustees, annual report was approved on . trustees by: 11 /.g.l.zp..£Q and signed on behalf of the board of Mr M Murray Trustee Mr D Hughes Trustee Mr C Somerville Trustee Mr S Pollock Trustee Councillor G McAteer Trustee Chi Ting Yip Trustee Councillor J Palmer Trustee Councillor A Swan Twstee Councillor U Mackin Trustee Councillor G Spratt Trustee Ms G Daly Trustee MrTDufy Trustee Dr B Simon Trustee Councillor K Nicholl Trustee
Lagan Valley Regional Park Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2023 Mr C Kinney Trustee Ms S Mcclintoc Trustee Dr Andy Bridge Charity Secretary
Lagan Valley Regional Park Limited Company Limited by Guarantee Independent Examiner's Report to the Trustees of Lagan Valley Regional Park Limited Year ended 31 March 2023 I report to the trustees on my examination of the financial statemenls of Lagan Valley Regional Park Limited ('the charity,) for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordan with the requirements of Charities Act (Northern Ireland) 2008 (the '2008 Act.) and the Companies Act 2006 ('the 2006 Act,). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have Chosen instead to have an independent examination. Having satisfied myself that the accounts of Ihe company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitvs financial statements as carried out under section 65 of the 2008 Act. In carrying out my examination I have followed the general Directions given by the Charity Commission for Northern Ireland under section 65{9){b) of the 2008 Act. Independent examinerfs statement I have completed my examination. I confinn that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act", or the financial statements do not accord with Ihose CordS- or the financial statements do not Gomply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fail view which is not a matter considered as part of an independent examination- or the financial statements have not been prepared in accordance with the methods and principles of the Statement 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 (FRS 102). I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. re & Company iner ndent 631 Lisburn Road Belfast BT9 7GT
Lagan Valley Regional Park Limited Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Unrestricted funds Total funds Total funds 2022 Note Income and endowments Income 220,191 220,191 207,263 Total income 220,191 220,191 207.263 Expenditure Expenditure on charitable activilies Total expenditure 211,602 211,602 211,602 199.564 211,602 199.564 Net income and net movement in funds 8,589 8,589 7,699 Reconciliation of funds Total funds brought forward Total funds carried forward 181,316 181.316 173.617 189,905 189.905 181.316 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 11 to 18 form part of these finan¢ial statements.
Lagan Valley Regional Park Limited Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Note Fixed assets Tangible fixed assets 13 14,876 5,526 Current assets Debtors Cash at bank and in hand 14 167,908 10,121 162.054 16.736 178,029 178.790 Creditors: amounts falling due wilhin one year Net current assets 15 3,000 3.000 175,029 175,790 Total assets less current liabilities 189,905 181,316 Net assets 189,905 181,316 Funds of the charity Unrestricted funds 189,905 181.316 Total charity funds 16 189,905 181.316 For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476: The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions appliGable to companies subject to the small companies, regime. The statement of financial position continues on the following page. The notes on pages 11 to 18 form part of these flnancial statements.
Lagan Valley Regional Park Limited Company Limited by Guarantee Statement of Financial Position (contlnu8d) 31 March 2023 The Inancial statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by: Mr M Murray Trustee Mr D Hughes Trustee Mr C Somerville Trustee Mr S Pollock Trustee Councillor G McAteer Trustee Chi Ting Yip Trustee Councillor J Palmer Trustee Councillor A Swan Trustee Councillor U Mackin Trustee Councillor G Spratt Trustee Ms G Daly Trustee Mr T Duffy Trustee The statement of financial position continues on the following page. The notes on pagos 11 to 18 form part of thesefinanclal statements.
Lagan Valley Regional Park Limited Company Limited by Guarantee Statement of Financial Position (contlnu•d) 31 March 2023 Dr B Simon Trustee Councillor K Nicholl Trustee Mr C Kinney Trustee Ms S Mcclintock Trustee The notes on pages 11 to 18 form part of these financial statements. 10
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General inforniation The charity is a public benefit entity and a private company limited by guarantee. registered in Northern Ireland and a registered charity in Northem Ireland. The address of the registered office is 3 Lock Keeper's Lane, Milltown Road. Belfast, BT8 7XT. Statement of compliance These financial statements have been prepared in GomplianGe with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in aGcordanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policles Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertalnty The preparation of the financial statements requires management to make judgements. estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. It is understood that management were not required to make any significantjudgements or estimations when applying the entity's accounting policies during the year. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds eamiarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes: restricted income funds or endowment funds. 11
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements (eontlnuèd) Year ended 31 March 2023 Accounting policies (continued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity., it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimatsd resale value. Donated facilities and services are recognised in the acGounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events. non-charitable trading activities, and the sale of donated goods. expenditure on Charilable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the goveman¢e of the Gharity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on Charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct G05ts attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they Contribute to on a reasonable, justifiable and consistent basis. 12
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements (¢onlinuedJ Year ended 31 March 2023 Accounting policies (¢ontinuedJ Tanglble assets Tangible assels are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activilies. A decrease in the carrying amount of an asset as a result of revaluation. is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case Ihe loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value, over the useful economic life of that asset as follows. Motor vehicles Equipment Fully depreGialed 200/0 reduGing balance Impaimient of fixed assets A review for indicators of impaimient is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impaimient testing, when it is not possible to estimate the recoverable amount of an individual asset. an estimate is made of the recoverable amount of Ihe cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash intlows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date. allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the Gharity are assigned to those units. Financial instruments A financial asset or a financial liability is recognised only when the charity becomgs a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount re1vable or payable including any related transaction costs. 13
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2023 Accounting policies (continuedj Financial inslruments {continuedJ Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impaim)ent. other financial instruments, including derivatives. are initially recognised at fair value, unless payment for an asset is deferred beyond normal business temis or financed at a rate of interest Ihat is not a market rate. in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities. with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance. and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impaimient are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that eXedS what the carrying amount would have been had the impairment not previously been recognised. Limited by guarantee The company is limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £5 per member of the charity. Income 'Income' includes donations and grant income from various entities as listed below, and is non-trading in nature unless otherwise stated. Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 14
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements (eontln¢*d) Year ended 31 March 2023 Income (¢ontinued) Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Donations Northern Ireland Environmental Agency Belfast City Council- Core funding Belfast City Council - Additional funding Events income Lisburn & Castlereagh City Council Keep Nl Beautiful Grant Department for Infrastructure (Cycling & Waterways Unit) Heritage Lottery Fund Department for communities - DFC 10,684 67,000 10,684 67,000 6,373 66,055 6,373 66,055 15.104 15,104 15.104 634 66,055 15.104 634 66,055 66,061 8.778 66,061 8,778 42,000 4,582 5.982 42,000 4,582 5,982 40,000 6,480 6.562 40.000 6.480 6.562 220.191 220,191 207.263 207.263 Expenditure on charitable activltles by fund type Unrestricled Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Lagan Valley Regional Park Support costs 171,250 40,352 171,250 40,352 211,602 166.103 33,461 166.103 33.461 211.602 199.564 199,564 Expenditure on charitable activitles by activity type Activities undertaken directly Support Total funds costs 2023 Total fund 2022 Lagan Valley Regional Park Governance costs 171.250 33,409 6.943 204.659 6,943 195.087 4,477 199.564 171,250 40.352 211.602 15
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2023 Analysis of support costs Analysis of support costs activity 1 Total 2023 Total 2022 Communications and IT General office Finance costs 4,247 26,162 3,000 4,247 26,162 3,000 5,434 20,552 3,000 33,409 33,409 28,986 Net income Net income is stated after chargingl(crediting): 2023 2022 Depreciation of tangible fixed assets Operating lease rentals 3,718 7,025 1,382 5,463 10. Independent Èxamination fees 2023 2022 Fees payable to the independent examiner for. Independent examination of the financial statements Other assurance services Tax advisory services 1,875 575 250 1,875 575 250 2,700 2,700 11. Staff costs The average head count of employees during the year was 1 {2022: 5). The average number of full-time equivalent employees during the year is analysed as follows: 2023 2022 No. Number of administrative staff Number of management staff Number of other staff No employee received employee benefits of more than £60.000 during the year {2022: Nil). 12. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related enlity were received by the trustees. 16
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements {contlnued) Year ended 31 March 2023 13. Tangible fixed assets Motor vehicles Equipment Total Cost At 1 April 2022 Additions 10.239 13.820 13.068 24,059 13,068 At 31 March 2023 10.239 26.888 37,127 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 10.239 8.294 3.718 18,533 3,718 10,239 12.012 22,251 Carrying amount At 31 March 2023 14,876 5,526 14.876 At 31 March 2022 5,526 14. Debtors 2023 2022 Prepayments and accrued income 167,908 162.054 'Other debtors" refers to LVRP'S accumulated reserve of underspend, held by Lisbum and Castlereagh City Council. 15. Creditors: amounts falling due within one year 2023 2022 Accruals and deferred income 3,000 3.000 17
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2023 16. Analysis of charitable funds Unrestricted funds At 31 March 20 23 At 1 April 2022 Income Expenditure General funds 181,316 220,191 (211.602) 189,905 At 31 March 20 22 At 1 April 2021 Income Expenditure General funds 173.617 207,263 (199.564) 181,316 17. Analysis of net assets between funds Unrestricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 14.876 178.029 (3,000) 189.905 14,876 178,029 {3,000) 189,905 Unrestricted Total Funds Funds 2022 Tangible fixed assets Current assets Creditors less than 1 year Net assets 5.526 178.790 (3.000} 181,316 5,526 178,790 13.000) 181,316 18
Lagan Valley Regional Park Limited Company Limited by Guarantee Management Information Year ended 31 March 2023 The following pages do not form part of the financial statements. 19
Lagan Valley Regional Park Limited Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Income and endowments Income Northern Ireland Environmental Agency Belfast City Council - Core funding Belfast City Council - Additional funding Events income Lisburn & Castlereagh City Council Keep Nl Beautiful Grant Department for Infrastructure (Cycling & Waterways Unit) Heritage Lottery Fund Department for communities- DFC 10.684 67,000 15,104 6.373 66.055 15.104 634 66,055 66,061 8,778 42,000 4,582 5,982 40,000 6.480 6,562 220.191 207.263 Total Income 220.191 207,263 Expenditure Expenditure on charitable activities Wages and salaries Operating leases Rent Rates and water Light and heat Repairs and maintenance Insurance Other establishment Motor vehicle expenses Vehicle leasinglhire Legal and professional fees Telephone Other office costs Depreciation Other interest payable and similar charges Event Costs 158,771 7,025 5,750 596 5.448 834 7,776 4.343 3,350 3.427 6,040 758 3,257 3,719 184 324 155,765 5.463 5,750 300 4.177 680 5.893 2.215 1.935 5,161 5.942 271 4,477 1,382 153 211,602 199.564 Total expenditure 211,602 199.564 Net income 8.589 7,699 20
Lagan Valley Regional Park Limited Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Expenditure on charitable activities Lagan Valley Regional Park Activities undertaken directly LVRP - wageslsalaries LVRP- tools LVRP- clothing & uniforms LVRP- repairs & maintenan LVRP - other office costs 158,771 7,025 2,388 834 2,232 155,765 5,463 2.508 680 1,687 171,250 166,103 Support costs LVRP support costs - Rent LVRP support Costs - Water charges LVRP support costs - Light & heat LVRP support Gosts - Insurance LVRP support Costs - Project Costs LVRP support costs - Motor vehicle expenses LVRP support costs - IT Costs LVRP support costs- FinancelHRIIT Charge LVRP support costs- Telephone LVRP support costs - Other office costs LVRP support costs - Event Costs 5,750 596 3,060 7,776 4,343 3,350 3,427 3,000 758 1,025 324 5,750 300 1,669 5,893 2,215 1,935 5,161 3,000 271 2,790 33,409 28,984 Govemance costs LVRP Governance costs - accountancy fees LVRP Governance costs- depreciation LVRP Governance costs- bank charges 3,040 3,719 184 2,942 1.382 153 6,943 4.477 Expenditure on charitable activities 211.602 199.564 21