John Atcheson Foundation John Atcheson Foundation Statement of Financial Activities (including Income and Expenditure Account) Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 5 April 2025 For The Year Ended 5 April 2025
| 2025 2025 |
2024 2024 |
||
|---|---|---|---|
| Unrestricted Unrestricted |
Unrestricted Unrestricted |
||
| funds funds |
funds funds |
||
| Notes Notes |
£ £ |
£ £ |
|
| INCOME AND ENDOWMENTS FROM: INCOME AND ENDOWMENTS FROM: |
|||
| Investments Investments |
3 3 |
96,864 96,864 |
100,805 100,805 |
| Other Other |
40,338 40,338 |
34,362 34,362 |
|
| 137,202 137,202 |
135,167 135,167 |
||
| EXPENDITURE ON: EXPENDITURE ON: |
|||
| Charitable activities: Charitable activities: |
4 4 |
||
| Distributions and Expenditure Distributions and Expenditure |
(256,988) (256,988) |
(175,391) (175,391) |
|
| NET EXPENDITURE BEFORE INVESTMENT LOSSES NETEXPENDITURE BEFORE INVESTMENT LOSSES |
(119,786) (119,786) |
(40,224) (40,224) |
|
| Net (losses)/gains on investments Net (losses)/gains on investments |
(146,531) (146,531) |
63,144 63,144 |
|
| NET EXPENDITURE NET EXPENDITURE |
(266,317) (266,317) |
22,920 22,920 |
|
| NET MOVEMENT IN FUNDS NETMOVEMENT IN FUNDS |
(266,317) (266,317) |
22,920 22,920 |
|
| RECONCILIATION OF FUNDS: RECONCILIATION OF FUNDS: |
|||
| Total funds brought forward Total funds brought forward |
3,870,106 3,870,106 |
3,847,186 3,847,186 |
|
| TOTAL FUNDS CARRIED FORWARD TOTALFUNDSCARRIEDFORWARD |
8 8 |
3,603,789 3,603,789 |
3,870,106 3,870,106 |
The The notes on pages 7 to 11 form part of these financial statements. notes on pages 7 to 11 form part of these financial statements.
Page 5 Page 5
John Atcheson Foundation John Atcheson Foundation Balance Sheet Balance Sheet As At 5 April 2025 As At 5 April 2025
| 2025 2025 |
2024 2024 |
||
|---|---|---|---|
| Unrestricted funds Unrestricted funds |
Total funds Total funds |
||
| Notes Notes |
£ £ |
£ £ |
|
| FIXED ASSETS FIXED ASSETS |
|||
| Investments Investments |
5 5 |
3,557,490 3,557,490 |
3,787,554 3,787,554 |
| 3,557,490 3,557,490 |
3,787,554 3,787,554 |
||
| CURRENT ASSETS CURRENT ASSETS |
|||
| Debtors Debtors |
6 6 |
3,066 3,066 |
- - |
| Cash at bank and in hand Cash at bank and in hand |
50,942 50,942 |
89,960 89,960 |
|
| 54,008 54,008 |
89,960 89,960 |
||
| Creditors: Amounts Falling Due Within One Year Creditors: Amounts Falling Due Within One Year |
7 7 |
(7,709) (7,709) |
(7,408) (7,408) |
| NET CURRENT ASSETS (LIABILITIES) NETCURRENT ASSETS (LIABILITIES) |
46,299 46,299 |
82,552 82,552 |
|
| TOTAL ASSETS LESS CURRENT LIABILITIES TOTALASSETS LESS CURRENT LIABILITIES |
3,603,789 3,603,789 |
3,870,106 3,870,106 |
|
| NET ASSETS NETASSETS |
3,603,789 3,603,789 |
3,870,106 3,870,106 |
|
| FUNDS OF THE CHARITY FUNDS OF THE CHARITY |
|||
| Unrestricted Funds: Unrestricted Funds: |
|||
| Capital Reserve Capital Reserve |
2,909,294 2,909,294 |
2,712,757 2,712,757 |
|
| Income reserve Income reserve |
(227,093) (227,093) |
(107,307) (107,307) |
|
| Fair Value Reserve FairValue Reserve |
921,589 921,589 |
1,264,656 1,264,656 |
|
| 3,603,789 3,603,789 |
3,870,106 3,870,106 |
||
| TOTAL FUNDS TOTAL FUNDS |
8 8 |
3,603,789 3,603,789 |
3,870,106 3,870,106 |
06 Feb 2026 The The financial statements were approved by the board of trustees on financial statements were approved by the board of trustees ON............................................... and were signed on its behalf by: and were signed on its behalf by:
Chas VY\o\eene
Mr Chris McCleane Mr Chris McCleane Mr Mark Regan Mr Mark Regan
Trustee Trustee Trustee Trustee
The The notes on pages 7 to 11 form part of these financial statements. notes on pages 7 to 11 form part of these financial statements.
Page 6 Page 6
John Atcheson Foundation John Atcheson Foundation Notes to the Financial Statements Notes to the Financial Statements
For The Year Ended 5 April 2025 For The Year Ended 5 April 2025
1. 1. General Information General Information
John John Atcheson Foundation is an unincorporated trust and registered charity number 103846. The registered office is The Atcheson Foundation is an unincorporated trust and registered charity number 103846. The registered office is The Linen Hall, 32-38 Linenhall Street, Belfast, County Antrim, BT2 8BG. Linen Hall, 32-38 Linenhall Street, Belfast, County Antrim, BT2 8BG.
2. 2. Accounting Accounting Policies Policies
2.1. 2.1. Basis of Preparation of Financial Statements Basis of Preparation of Financial Statements
The The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and financial statements 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 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 31 accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 31 January January 2022)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic 2022)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charity Act (Northern Ireland) 2008. of Ireland" and the Charity Act (Northern Ireland) 2008.
The The charitable company is a Public Benefit Entity as defined by FRS 102. charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. 2.2. Fund Accounting Fund Accounting The The Trust has two funds, an Income Fund and a Capital Fund, which are wholly unrestricted. Unrestricted funds Trust has two funds, an Income Fund and a Capital Fund, which are wholly unrestricted. Unrestricted funds comprise those funds which the Trustees are free to use for any purpose in furtherance of the Trust’s objects. comprise those funds which the Trustees are free to use for any purpose in furtherance of the Trust’s objects.
2.3. 2.3. Incoming Resources Incoming Resources
All All incoming resources are recognised once the Trust has entitlement to the resources, it is certain that the resources incoming resources are recognised once the Trust has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. will be received and the monetary value of incoming resources can be measured with sufficient reliability.
2.4. 2.4. Resources Expended Resources Expended
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the Trust Trust to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that that aggregate all costs related to the category. aggregate all costs related to the category.
Distributions are payments made to third parties in the furtherance of the charitable objectives of the Trust. Distributions are payments made to third parties in the furtherance of the charitable objectives of the Trust. Distributions are accounted for when the recipient has a reasonable expectation that they will receive a distribution Distributions are accounted for when the recipient has a reasonable expectation that they will receive a distribution and the Trustees have agreed to pay the distribution without condition. and the Trustees have agreed to pay the distribution without condition.
2.5. 2.5. Investments Investments
Investments are stated on the balance sheet at fair value and all movements, including realised and unrealised gains Investments are stated on the balance sheet at fair value and all movements, including realised and unrealised gains
and losses, are shown in the Statement of Financial Activities. Realised gains and losses are the aggregate of profits and losses, are shown in the Statement of Financial Activities. Realised gains and losses are the aggregate of profits and losses of sales of investment units. and losses of sales of investment units.
2.6. 2.6. Cash and Cash Equivalents Cash and Cash Equivalents
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three Cash at bank and cash 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. months or less from the date of acquisition or opening of the deposit or similar account.
2.7. 2.7. Financial Instruments Financial Instruments
The The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial financial instruments are initially recognised at transaction value and subsequently measured at their settlement value, instruments are initially recognised at transaction value and subsequently measured at their settlement value, with the exception of any interest bearing loans which are subsequently measured at amortised cost using the with the exception of any interest bearing loans which are subsequently measured at amortised cost using the effective interest method. effective interest method.
2.8. 2.8. Taxation Taxation
As As a registered charitable trust, the Trust is not liable to either Income Tax or Corporation Tax. a registered charitable trust, the Trust is not liable to either Income Tax or Corporation Tax.
2.9. 2.9. Debtors Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction transaction costs and subsequently measured at amortised cost determined using the effective interest method, less costs and subsequently measured at amortised cost determined using the effective interest method, less
any impairment losses for bad and doubtful debts. any impairment losses for bad and doubtful debts.
2.10. 2.10. Creditors Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at
amortised cost determined using the effective interest method. amortised cost determined using the effective interest method.
Page 7 Page 7
John John Atcheson Foundation Atcheson Foundation Notes to the Financial Statements (continued) Notes to the Financial Statements (continued) For The Year Ended 5 April 2025 For The Year Ended 5 April 2025
3. 3. Investment Income Investment Income
==> picture [473 x 195] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|2025|2025|2024|2024|
|Unrestricted|Unrestricted|Unrestricted|Unrestricted|
|funds|funds|funds|funds|
|£|£|£|£|
|Bank interest receivable|Bank|interest|receivable|-|-|4,010|4,010|
|Dividends & securities|Dividends|&|securities|96,864|96,864|96,795|96,795|
|96,864|96,864|100,805|100,805|
|2025|2025|2024|2024|
|£|£|£|£|
|UK dividends|UK|dividends|52,962|52,962|59,104|59,104|
|UK Unit Trust & OEIC dividends|UK|Unit|Trust|&|OEIC|dividends|20,505|20,505|22,089|22,089|
|Property income dividends|Property|income|dividends|1,013|1,013|461|461|
|Overseas securities|Overseas|securities|22,384|22,304|15,142|Lee|
|96,864|96,864|96,796|96,796|
----- End of picture text -----
==> picture [120 x 47] intentionally omitted <==
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|UK dividends|UK|dividends|
|UK Unit Trust & OEIC dividends|UK|Unit|Trust|&|OEIC|dividends|
|Property income dividends|Property|income|dividends|
|Overseas securities|Overseas|securities|
----- End of picture text -----
4. 4. Analysis of Expenditure Analysis of Expenditure
==> picture [480 x 365] intentionally omitted <==
----- Start of picture text -----
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2025|
|Activities|Activities|
|undertaken|undertaken|Support|Support|
|directly|directly|costs|costs|Total|Total|
|£|£|£|£|£|£|
|Distributions and Expenditure|Distributions|and|Expenditure|233,105|233,105|23,883|23,883|256,988|256,988|
|2024|2024|
|Activities|Activities|
|undertaken|undertaken|Support|Support|
|directly|directly|costs|costs|Total|Total|
|£|£|£|£|£|£|
|Distributions and Expenditure|Distributions|and|Expenditure|155,500|155,500|19,891|19,891|175,391|175,391|
|4.1.|4.1.|Professional fees & expenses|Professional|fees|& expenses expenses|
|2025|2024|
|£|£|
|Investment fees|Investment|fees|21,587|16,173|
|Independent examination fees|Independent|examination|fees|2,103|3,005|
|194|713|
|Administration expenses|Administration|expenses|
|23,883|19,891|
|4.2.|4.2.|Distributions|Distributions|
|2025|2025|2024|2024|
|£|£|£|£|
|Aware|Aware Defeat Depression - Bank of Ireland|Defeat|Depression|-|Bank|of|Ireland|10,000|10,000|-|-|
|Ballykelly Primary School|Ballykelly|Primary|School|-|-|2,500|2,500|
|...CONTINUED|... CONTINUED|
----- End of picture text -----
4.1. 4.1. Professional fees & expenses Professional fees & expenses expenses
Investment fees Investment fees Independent examination fees Independent examination fees Administration expenses Administration expenses
Page 8 Page 8
John John Atcheson Foundation Atcheson Foundation Notes to the Financial Statements (continued) Notes to the Financial Statements (continued) For The Year Ended 5 April 2025 For The Year Ended 5 April 2025
| Belfast Homeless - Bank Of Ireland Belfast Homeless - Bank Of Ireland |
125,000 125,000 |
20,000 20,000 |
|---|---|---|
| CAF - Unknown Transaction CAF - Unknown Transaction |
- - |
5,000 5,000 |
| Comber Youth For Christ - Northern Bank Ltd ComberYouth For Christ - Northern Bank Ltd |
- - |
10,000 10,000 |
| East Belfast Mission East Belfast Mission |
- - |
15,000 15,000 |
| Horatio'S Garden Horatio'S Garden |
- - |
7,000 7,000 |
| Marie Curie Marie Curie |
- - |
15,000 15,000 |
| Mcdonald Centre Mcdonald Centre |
- - |
15,000 15,000 |
| Mcdonald Centre - Northern Bank Ltd Mcdonald Centre - Northern Bank Ltd |
10,000 10,000 |
10,000 10,000 |
| NATIONAL GRID NEW NATIONALGRID NEW |
18,105 18,105 |
- - |
| Ni Hospice Ni Hospice |
10,000 10,000 |
15,000 15,000 |
| Northern Ireland Polio Fellowship Northern Ireland Polio Fellowship |
10,000 10,000 |
1,000 1,000 |
| Rosie’S Trust - Santander Uk Pl Rosie’S Trust - Santander Uk Pl |
38,000 38,000 |
10,000 10,000 |
| Royal National Mission to Deep Sea Fishermen Royal National Mission to Deep Sea Fishermen |
2,000 2,000 |
- - |
| Salvation Army Donation - Reliance Bank Ltd Salvation Army Donation - Reliance Bank Ltd |
- - |
5,000 5,000 |
| Satco General Income Central Trust Satco General Income Central Trust |
10,000 10,000 |
- - |
| St Vincent De Paul, St Therese - AIB Group (Uk) Plc St Vincent De Paul, St Therese - AIB Group (Uk) Plc |
- - |
10,000 10,000 |
| Svdp Svdp |
- = |
15,000 15,000 |
| 233,105 233,105 |
155,500 155,500 |
|
| 5. Investments 5. Investments |
||
| Other Other |
||
| £ £ |
||
| Cost or Valuation Cost or Valuation |
||
| As at 6 April 2024 As at 6 April 2024 |
3,787,553 3,787,553 |
|
| Additions Additions |
748,496 748,496 |
|
| Disposals Disposals |
(635,491) (635,491) |
|
| Fair value adjustments Fairvalue adjustments |
(343,068) (343,068) |
|
| As at 5 April 2025 As at 5 April 2025 |
3,557,490 3,557,490 |
|
| Provision Provision |
||
| As at 6 April 2024 As at 6 April 2024 |
- - |
|
| As at 5 April 2025 As at 5 April 2025 |
- - |
|
| Net Book Value Net Book Value |
||
| As at 5 April 2025 As at 5 April 2025 |
3,557,490 3,557,490 |
|
| As at 6 April 2024 As at 6 April 2024 |
3,787,553 3,787,553 |
|
| Investments (at cost) Investments(atcost) |
| Investments (at cost) Investments (at cost) |
||||
|---|---|---|---|---|
| Cost as at 6 | Cost as at 5 | |||
| April 2024 | Purchases | Disposals | April 2025 | |
| £ | £ | £ | £ | |
| UK Fixed Interest UK Fixed Interest |
44,295 | - | - | 49,982 |
| Other UK Fixed Interest Other UK Fixed Interest |
719,985 | 275,171 | (355,306) | 628,587 |
| Alternative Investments Alternative Investments |
363,393 | 82,609 | (168,064) | 278,990 |
| UK Equities UK Equities |
747,944 | 7,792 | (112,120) | 1,280,945 |
| Overseas Equities Overseas Equities |
798,635 | 382,924 | - | 1,662,055 |
| 2,674,252 | 748,496 | (635,491) | 3,900,559 |
Page 9 Page 9
John John Atcheson Foundation Atcheson Foundation Notes to the Financial Statements (continued) Notes to the Financial Statements (continued) For The Year Ended 5 April 2025 For The Year Ended 5 April 2025
Investments (at market Investments (at market value) value)
| Investments (at market value) Investments (at market value) |
|||||
|---|---|---|---|---|---|
| Market value as Market valueas |
Change in Change in |
Market value as Market valueas |
|||
| at 6 April 2024 at 6 April 2024 |
Purchases Purchases |
Disposals Disposals |
market value marketvalue |
at 5 April 2025 at 5 April 2025 |
|
| £ £ |
£ £ |
£ £ |
£ £ |
£ £ |
|
| UK Fixed Interest Bonds UK Fixed Interest Bonds |
49,982 49,982 |
- - |
- - |
(862) (862) |
49,120 49,120 |
| Other UK Fixed Interest Bonds Other UK Fixed Interest Bonds |
708,723 708,723 |
275,171 275,171 |
(355,306) (355,306) |
12,739 12,739 |
641,326 641,326 |
| Alternative Investments Alternative Investments |
364,445 364,445 |
82,609 82,609 |
(168,064) (168,064) |
92,035 92,035 |
371,025 371,025 |
| UK Equities UK Equities |
1,385,273 1,385,273 |
7,792 7,792 |
(112,120) (112,120) |
(295,277) (295,277) |
985,667 985,667 |
| Overseas Equities Overseas Equities |
1,279,131 1,279,131 |
382,924 382,924 |
- - |
(151,703) (151,703) |
1,510,352 1,510,352 |
| 3,787,554 3,787,554 |
748,496 748,496 |
(635,491) (635,491) |
(343,068) (343,068) |
3,557,491 3,557,491 |
|
| 6. Debtors 6. Debtors |
|||||
| 2025 2025 |
2024 2024 |
||||
| £ £ |
£ £ |
||||
| Due within one year Due within one year |
|||||
| Other debtors Other debtors |
3,066 3,066 |
- - |
|||
| 7. Creditors: Amounts Falling Due Within One Year 7. Creditors: Amounts Falling Due Within One |
Creditors: Amounts Falling Due Within One Year Year |
||||
| Evelyn Partners Evelyn Partners |
2025 £ 4,381 2025 £ 4,381 |
2024 £ 4,383 2024 £ 4,383 |
|||
| Accruals Accruals |
3,328 3,328 |
3,025 3,025 |
|||
| 7,709 7,709 |
7,408 7,408 |
||||
| 8. Movement in Funds 8. Movement in Funds |
| 8. Movement in Funds 8. Movement in Funds |
||||
|---|---|---|---|---|
| As at 6 April 2024 As at 6 April 2024 |
Income Income |
Expenditure Expenditure |
As at 5 April 2025 As at 5 April 2025 |
|
| £ £ |
£ £ |
£ £ |
£ £ |
|
| Unrestricted funds Unrestricted funds |
||||
| Designated: Designated: |
||||
| Fair Value reserve FairValue reserve |
1,264,656 1,264,656 |
- - |
(343,067) (343,067) |
921,589 921,589 |
| Income reserve Income reserve |
(107,307) (107,307) |
137,202 137,202 |
(256,988) (256,988) |
(227,093) (227,093) |
| Capital reserve Capital reserve |
2,712,757 23712,757 |
196,536 196,536 |
- - |
2,909,293 2,909,293 |
| Total unrestricted funds Total unrestricted funds |
3,870,106 3,870,106 |
333,738 333,738 |
(600,055) (600,055) |
3,603,789 3,603,789 |
| Total funds Totalfunds |
3,870,106 3,870,106 |
333,738 333,738 |
(600,055) (600,055) |
3,603,789 3,603,789 |
9. 9. Related Party Disclosures Related Party Disclosures
There There were. no Trustee fees charged in 2025.In the opinion of the Trustees, there were no related party transactions to be were. no Trustee fees charged in 2025.In the opinion of the Trustees, there were no related party transactions to be disclosed in the accounts. disclosed in the accounts.
Page 10 Page 10
John Atcheson Foundation John Atcheson Foundation Detailed Statement of Financial Activities (including Income and Expenditure Account) Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 5 April 2025 For The Year Ended 5 April 2025
| 2025 2025 |
2024 2024 |
|
|---|---|---|
| Total funds Total funds |
Total funds Total funds |
|
| £ £ |
£ £ |
|
| INCOME AND ENDOWMENTS FROM: INCOME AND ENDOWMENTS FROM: |
||
| Investments Investments |
||
| Dividends & securities Dividends & securities |
96,864 96,864 |
96,795 96,795 |
| Bank interest receivable Bank interest receivable |
- - |
4,010 4,010 |
| 96,864 96,864 |
100,805 100,805 |
|
| Other Other |
||
| Other gross income Other gross income |
1,899 1,899 |
465 465 |
| Gross interest received Gross interest received |
38,439 38,439 |
33,506 33,506 |
| 2020 Swiss Tax Reclaim 2020 Swiss Tax Reclaim |
- - |
391 391 |
| 40,338 40,338 |
34,362 34,362 |
|
| 137,202 137,202 |
135,167 135,167 |
|
| EXPENDITURE ON: EXPENDITURE ON: |
||
| Raising funds Raising funds |
||
| Accountancy fees Accountancy fees |
(1) (1) |
- - |
| Bank charges Bank charges |
1 1 |
- - |
| Charitable Activities: Charitable Activities: |
||
| Distributions and Expenditure Distributions and Expenditure |
||
| Distributions Distributions |
(233,105) (233,105) |
(155,500) (155,500) |
| Accountancy fees Accountancy fees |
(2,102) (2,102) |
(3,005) (3,005) |
| Professional fees Professional fees |
(21,587) (21,587) |
(16,174) (16,174) |
| Bank charges Bank charges |
(194) (194) |
(712) (712) |
| (256,988) (256,988) |
(175,391) (175,391) |
|
| (256,988) (256,988) |
(175,391) (175,391) |
|
| NET EXPENDITURE BEFORE INVESTMENT LOSSES NET EXPENDITURE BEFORE INVESTMENT LOSSES |
(119,786) (119,786) |
(40,224) (40,224) |
| Net (losses)/gains on investments Net (losses) /gains on investments |
||
| Gain / (loss) on disposal of investments property Gain/ (loss) on disposal ofinvestments property |
- - |
(16,562) (16,562) |
| Realised gain / (loss) on disposal of investments Realised gain / (loss) on disposal of investments |
196,537 196,537 |
49,205 49,205 |
| Unrealised gains / (losses) on revaluation of investments Unrealised gains / (losses) on revaluation of investments |
(343,068) (343,068) |
30,501 30,501 |
| (146,531) (146,531) |
63,144 63,144 |
|
| NET (EXPENDITURE)/INCOME NET(EXPENDITURE)/INCOME |
(266,317) (266,317) |
22,920 22,920 |
Page 11 Page 11