S..4.I.-T. C.(JIIIILIYITI' .4SSOCI..ITIO Lnaudit¢d FinJttei214itatements fur lear ended 31 October ?023. (".()thpaniLS Kct., N10.l96iO S,.4.L.T co111I1NITl'.sSO(l.Tf0N [IIy.4LIDITED Fifi'Ari'CIAI. ST.4TEI1ENTS FOR YE.4R ENDED.11 OC".T()BER 2023.
S.A.L."I". L.()IIIII.-NITI' ,45SOCI..ITIO
Llni?udited TrinAtJLial Stati'fflL'nt¥ for l'ear ended 3l Oetober 2023.
.ST.4TENIEJT OF DVRI-. C'I'OIiS' KESPVl4ilBILITIES.
The Luinpanies ..4ci ![1116 rc4uires direci()rs pr¢i)6ir¢ lindnciiil stai¢irJ¢nis tLIL" ¢ti¢h till<lEicial
'iai' li k)icli &ii t a Irue anil l<Jir i. i¢ii ul. tli¢ stale ot. aft.airs OÉ. the Conipan!'- aiid of tlii IIICOIIIL
aiid eNpenLlilui-e lit. Ihe Coinpani. for Iliai pcriod. In prLpari1i i1)e fiiiartcial %iaiemL rti% IhÈ
di recroL'S 491'C fiiiuiILJ 10.-
bel¢it siiiraL)l¢ acLOllrtliilL' polli15 dnd appli ih¥rn LLlJlSi %lenili=
rYiak¥ judgein¢nlts (Incl esliinalc5 Ihal are reason4?bli' pnidLlIt:
pr¢pdl-e the linancial 51a1cniLllis Lin ilic gDiiio LonLLrn basi¥ un |¢4s i l is
iiiappropri£?Ic io aisllinc th2& i Ihe C.'i)nipdni' IN 111 L'()nCiii ue in husi ness,
'I'IIL Diriclors Lire re%p(hii%i hle fni. k-eepin<T
propul, a¢¥OUIIIi Ill) fc¥ords 11-hiLli discIosL Il'ith
I'iasoiiablL aLL LITLIL%' Ihe l ilTrdnLi¢il p()51 tion of ihe L:oinpan!,' Aiid iK'liicli Liiablis IIILIII 10 LAsurc
Ili
S..4.L.-I". L ()1'I111.-NITI: .4SSOCI.ITION Ln41udiied Finanl'ial .5tdtcmL'nls for Trear ended 31 ()clnber 21121. DIRECTQR%' RF".PUIIT 'rht direLII)I'% pr¢.¥eni ihii r aiinu¢?I riPOrC anJ chL audil=d <iLcouni.i foi. IhL ! Li¢ r LndLd l ()Llc)ber ?n i.?. Ru%inL'%¥ Re1¢11. 'I'he Prillllpdl dLliI'iI!' of tliL CI)Jiipani' j % thai u r <1 iuininunil!- dil-L Ic>pniL'ni is0(117(1]I S¢fi'jiiiT Ilie loii'nlaiids al sei i)ut in ihe I,feinLif¢lli(liini ot'.4ssociaiiiin lif ili¢ L<inipcini'. I'li¢ d ii"eLILifs illl noi liir¢%ee £ill!' Lliaiige 111 Iliis t'or IliL t'oriliconiini• i'eLLr. "I LRI0ER 11.479 DEFICIT ORDI%.ARI' .4C-I'II. I'I"II"..Ii BEFORL'f.4.XATI() I)F" F IC".IT VI% ORDIN,IRI" AC TII:ITIE. BEFORE T.4X.4T'IO Li'gal .S•tatus Tlie Ll)Iniiaii!' is liiniiid b% I'tLILirantCi (<'eL N LIIL. < i() tliL 41CtDuni>), [111'"2b incorpurtile(J (>n I h .()i'eiTrliei _OQO io raK-L Oi'Lr IhL 4?SsLls IiLibiliiies Ltiid dJi' to dai ii ¢[ji itiis 01- IIIL l(InKer %..l.l. l-. C"vminiiniiN- .4ssoci471iOt) nirL'I'tc)r 'I'hc d irLCtors li ho iei'i'eJ duriiiLi ilie i'L'ar ii'ere. .Ilr, 14 1.ILSpa[)n li. Il" I IoiistL)n .Ir. ,4 Tr¢1cC'onib¢ Di. ordLr cfrl'ihL Fliiard
S..,I.I..T. CON,II'II."NI'II: .4SSOCI.,ITI() l..nr4udiled Financigl Kitatements for i 14r endL'ql .11 October 2021. INCOIIL .,AN'D EIVI,-SDITI,RI." .4CCOLIN'T FOR I"F..4K IliDFD 31 OCTL)BER 21J23 2023 2022 (.'OIIE S('heduLe I 11.4-'%.77 141)8) Il .I_,IX.AGF.IILNT F.XE)E.NSES SLhèdiile Il? 1.76.8",1 (I'.890... L)1 .IIRECI,,X-I I(')X' LhLdiile.J éi6.01) (DF.klL'IT) %I.'RPLI"S F(")R E.4R ( i •?,()6'1 ? ?.)I,00 "I'I)L _,IssuLiaiicJn lias n() rLCOLTlljiLd LTains 1)r losse% for ihe ! ear as sei niit abL)%'e. ,.111 ol. LIIL il¢lil'jiie% ()t' Ilie .455(iiiaiioii iirL cla)5ed Lls iODlinuiiiL. 'Ih¢ iii?IKq Oli l)a8è) Ei 10 9 Ic)rTli pafl ()f tliLse lihan¢i<l1 siai¥ineiil%.
S.A.L.'I". Cl)II Ill-s1T} .4S%I.)fT,4TJ()I
Llnaudiied Financial Stali'mcnts fvr i ¢'Ar c'ndl'd 11 O¢tober 2023.
B.4L_4.N CF. SH F.F.T .48 ..1"1 _1 I nc. I"q)IIL.",K 2I12.1.
202.1
2022
ol¢s
FIXED.4fj8FTf4
C'.oinmuniii' Tl
S.,4.L.'r. coi,Illl'JlTTh" .4SSOCI.4TI(J
l-n#udiÉed Financial StAlei.ls for !:¢*r elldL'd 31 OLt(Fber 2Q23.
B.4L.4NC.'F. SIIEF.T AS..IT 31 OCTOBER 21123.
cont'41.
F()i- IhL i.ear gnd¢d I I nc'lLiber "O-.) The Lunipqni, il'as ¥lititl¢LI io eyempiion fr()ni audil under
SeLliiin 477 ()l- L oJnptle5 .4LL "UL)6 iel£ttiiig i(i 4iiiall LL)rnP2L nies.
l)ire¢tors' resp11151ittc's:
TIIL% iiienibcrs Iiii'e not roquireLI the LC?rnpan! t() ubtcqi li Liiidii ()L- ilg acL()u(Ils for chL l-ear
in qL)estion iii
S..4.L. I". C.-()111.11.-NITI' .45SOCI.,ITION
l. natsdiitd FindfiL'ial Stateinents fnr i.ear ended .31 Ociobc'r 2021.
OTES TQ THF. F"I.N..INC'.I,.IL ST.4TEIIE)TS.
PRJINCIP.,IL .,CCOLNTIIC: P()LEC". I &-.
I'be l i)11(i%i'jii
5..4.L.T. (-ONII,IIIyI'I'I ..ISS()C'I..ITI() I,:nauditc'd Tr-inaniial SratemL'nl% for I'e*r ended 31 OLtolier 2021. QTES TO THE FIN.4NC".I,11. %I"ATFNIEITS. C...ISH _4T B.4N Ik.4ND ()N 14..IJI) ?n23 20?2 iiriliLril 11411ik L. I IrJ'L'iiI ,4¥144?111)I .4()9_i I .469..11 C.'.I IIRI.'NT I.1.4IIILITIF. 2023 2022 -,ILLI'ILals CURVOII,ITIO:N T..1 N o pi'oi'l )iun is Inade lor l?1 Nali()n ill Il)e aLCOLinis ()n ihi II1%i 4 Ihai Ilie Associali<)n ii'ill biiiktit Iruni ¥Neiniitiun I'rotii C Lityoraiian Ta.% is a rL¢Onliised Llii8rl-. Charii!. ReLcreJice X'ij. SHARE C.IPI"1.4L, 'lie C. ()iilPQlI!' is liniilLd bN' il LILiar,111tee Irom eaLh niciiiher Trt" Il)e exeLuliN.'e Ll)minitiee and dneN n(Ji liai'e i55Ld >liare L&pil421. Ei ¢n dirccioi- beiiigi a in¢iJbLr ot. (lie excLiilii e Loniirjjiiec iin(leriakLS IU ¢<inlribuLe lo the agSLiS ol- Ihe Ciillip<ln! . in ilie li f iliL %ani¢ bcii)(5 111)und lip ii'lii le lie shc li Éi membci-. (Ir ii'iiliirb Il ier lic'-Iie Leuscs to be Ll illiiiiber. ali Ainiiun1 Iiei eicccdiiiu l)tte Poiind (£ I ,00) 10 vnt i'cal. i. disLkiiif"¥ K4¢1?i%. licibi l ities Éincl ani. ()IliLr Los18 lind ¥YI)en4Ls ot tlie w iiiding ILP.
S.A,L.T. CO%.IIIL_NITI"" ASSOCI,ITIOI% l-nuudited l inantial StdtL'mL'nls for i ear ended .31 O¢trJb¢r 21)21. RESIRI:Tr"S. T()T.11. R¥s1"ii'e% IraT)sl erre%1 ironi %..:l.L.T. ("(%r>l rJi ijni li.. Lll'l) I Iiq jlp [() I i éli eiide(l ? l (.-)ili)bLI' r)L l li Il ) l()r ¢iid£'il .' l ()4 11)l!il. ?iJ: C.,IPITAL C'R,4Y'I'S IIESERI-I -IIIL C. ¢ll)I tal Gr2L nl% rL%¢ri'e L iiinpris¢> Ili¥ loi IoK4'inLT I.. Llllltiil C.11 <1iils I'K.LL ii'Ld duTiiig Eh iierind. 'I'hc rcbLfi i. li ill be anii)111 SLd oi'ir iliL L'Stlnl&iled ii%eful ljf ¢ otr" Ilic biiildi nu. oi'er a 2.7 'ear pei'iod ¢OiiiillLnLin!T ()n tlie conipleTiOlI ol" thL biLLldin8. Dern Diilri¢i I'arin¢rship Nll:'T Cdpildl Cjrant C()nini uiiiii I. uii DeriTr L)isiriil P2L rlnL'r4liiii Dern- (' ill. C'oii(Icil l)Lrii (' ill. C'oiiiicil ?{l().1 Eliii-cil Coniiiiuiiiti N'LIII'Ork &006 O()F 5.144.?5 l11.lj()(l.01) i.UO<).(TrQ 4.855.7 ?1.670.19 ?()Q I i ?n.i)00,(10 .41i1()ni Sed ilp io ?U- .4n101115Ld in i-eaT 2(Tr2.? (I 10.IJ87,001 Trlalanie tls (1131 Ociohcr ?()" 4.i40.()
S..4.L.T. CONIIILTNITI .4SS()CI..ITI() Lni& uditL'd b inaneilll Statements for i-l'ar endc'd 31 OLtnber 7023. •CHLDI"I.LS TO THI.4C",COI"IN"I'S F()R THF I £,IR LNDF.D 3l oc"foBF.K 2023 Ileil riele(S L iirtstriiied 'l-oi'il Funds Tiiial Fiind }-111)<1s 11?.I Fu iJ(14 In2J C.HF.I)L.i.r. i l%(.'.(11F_ [.i(i.O(I I,.iQ4..)X i.siIII.OD -$00.no. l.Jl)4.)8 1.8QO.(MI lJ.iil) l )L."rn C;.ii' (". t)i&liciI F LLI)a'.ii.': FIoili)'.Jl-<i.. ri)¢. li Ixl) So¢iili' l .i14.4.OCJ iJl). 111 Slb.OU .{)¥4.(J J 6.L) ry? L):111:. iii:d-'K i?Il)"r Ii',CfjlflL .(,().0{) 1.04yI.IIO 6.40 -ooo.(i() B<ink Ii., QHLI)I.:LE' ry F.XPF.ISr. L)%-: 1)9 .yQ 9.95 51¢l1iOllil!' LllTri&l' L.'NP2114L •ry<J6 I:!)..i? l aier R,:, L)[Illf¥ l..xr)til4L% 4(pQ.Ci{I 96V.O Iiil 0,0 lil I.1.1iniiT':(IIlL¢ 611(1.00 Jll.JJO 1.14fj.Iin 40.01) tl.-11)k ('l)Il'L¥S (i(l.JJ i )D.00 lC-.IIF.DLILÉ 3 _ DEPRrc.i.,i-I'Jo .DlJ i)D ({).:(! UUI
S..4.I.-T. C.(JIIIILIYITI' .4SSOCI..ITIO Lnaudit¢d FinJttei214itatements fur lear ended 31 October ?023. (".()thpaniLS Kct., N10.l96iO S,.4.L.T co111I1NITl'.sSO(l.Tf0N [IIy.4LIDITED Fifi'Ari'CIAI. ST.4TEI1ENTS FOR YE.4R ENDED.11 OC".T()BER 2023.
S..4.L.-I". L ()1'I111.-NITI: .4SSOCI.ITION Ln41udiied Finanl'ial .5tdtcmL'nls for Trear ended 31 ()clnber 21121. DIRECTQR%' RF".PUIIT 'rht direLII)I'% pr¢.¥eni ihii r aiinu¢?I riPOrC anJ chL audil=d <iLcouni.i foi. IhL ! Li¢ r LndLd l ()Llc)ber ?n i.?. Ru%inL'%¥ Re1¢11. 'I'he Prillllpdl dLliI'iI!' of tliL CI)Jiipani' j % thai u r <1 iuininunil!- dil-L Ic>pniL'ni is0(117(1]I S¢fi'jiiiT Ilie loii'nlaiids al sei i)ut in ihe I,feinLif¢lli(liini ot'.4ssociaiiiin lif ili¢ L<inipcini'. I'li¢ d ii"eLILifs illl noi liir¢%ee £ill!' Lliaiige 111 Iliis t'or IliL t'oriliconiini• i'eLLr. "I LRI0ER 11.479 DEFICIT ORDI%.ARI' .4C-I'II. I'I"II"..Ii BEFORL'f.4.XATI() I)F" F IC".IT VI% ORDIN,IRI" AC TII:ITIE. BEFORE T.4X.4T'IO Li'gal .S•tatus Tlie Ll)Iniiaii!' is liiniiid b% I'tLILirantCi (<'eL N LIIL. < i() tliL 41CtDuni>), [111'"2b incorpurtile(J (>n I h .()i'eiTrliei _OQO io raK-L Oi'Lr IhL 4?SsLls IiLibiliiies Ltiid dJi' to dai ii ¢[ji itiis 01- IIIL l(InKer %..l.l. l-. C"vminiiniiN- .4ssoci471iOt) nirL'I'tc)r 'I'hc d irLCtors li ho iei'i'eJ duriiiLi ilie i'L'ar ii'ere. .Ilr, 14 1.ILSpa[)n li. Il" I IoiistL)n .Ir. ,4 Tr¢1cC'onib¢ Di. ordLr cfrl'ihL Fliiard
S..,I.I..T. CON,II'II."NI'II: .4SSOCI.,ITI() l..nr4udiled Financigl Kitatements for i 14r endL'ql .11 October 2021. INCOIIL .,AN'D EIVI,-SDITI,RI." .4CCOLIN'T FOR I"F..4K IliDFD 31 OCTL)BER 21J23 2023 2022 (.'OIIE S('heduLe I 11.4-'%.77 141)8) Il .I_,IX.AGF.IILNT F.XE)E.NSES SLhèdiile Il? 1.76.8",1 (I'.890... L)1 .IIRECI,,X-I I(')X' LhLdiile.J éi6.01) (DF.klL'IT) %I.'RPLI"S F(")R E.4R ( i •?,()6'1 ? ?.)I,00 "I'I)L _,IssuLiaiicJn lias n() rLCOLTlljiLd LTains 1)r losse% for ihe ! ear as sei niit abL)%'e. ,.111 ol. LIIL il¢lil'jiie% ()t' Ilie .455(iiiaiioii iirL cla)5ed Lls iODlinuiiiL. 'Ih¢ iii?IKq Oli l)a8è) Ei 10 9 Ic)rTli pafl ()f tliLse lihan¢i<l1 siai¥ineiil%.
S.A.L.'I". Cl)II Ill-s1T} .4S%I.)fT,4TJ()I
Llnaudiied Financial Stali'mcnts fvr i ¢'Ar c'ndl'd 11 O¢tober 2023.
B.4L_4.N CF. SH F.F.T .48 ..1"1 _1 I nc. I"q)IIL.",K 2I12.1.
202.1
2022
ol¢s
FIXED.4fj8FTf4
C'.oinmuniii' Tl
S.,4.L.'r. coi,Illl'JlTTh" .4SSOCI.4TI(J
l-n#udiÉed Financial StAlei.ls for !:¢*r elldL'd 31 OLt(Fber 2Q23.
B.4L.4NC.'F. SIIEF.T AS..IT 31 OCTOBER 21123.
cont'41.
F()i- IhL i.ear gnd¢d I I nc'lLiber "O-.) The Lunipqni, il'as ¥lititl¢LI io eyempiion fr()ni audil under
SeLliiin 477 ()l- L oJnptle5 .4LL "UL)6 iel£ttiiig i(i 4iiiall LL)rnP2L nies.
l)ire¢tors' resp11151ittc's:
TIIL% iiienibcrs Iiii'e not roquireLI the LC?rnpan! t() ubtcqi li Liiidii ()L- ilg acL()u(Ils for chL l-ear
in qL)estion iii
S..4.L. I". C.-()111.11.-NITI' .45SOCI.,ITION
l. natsdiitd FindfiL'ial Stateinents fnr i.ear ended .31 Ociobc'r 2021.
OTES TQ THF. F"I.N..INC'.I,.IL ST.4TEIIE)TS.
PRJINCIP.,IL .,CCOLNTIIC: P()LEC". I &-.
I'be l i)11(i%i'jii
5..4.L.T. (-ONII,IIIyI'I'I ..ISS()C'I..ITI() I,:nauditc'd Tr-inaniial SratemL'nl% for I'e*r ended 31 OLtolier 2021. QTES TO THE FIN.4NC".I,11. %I"ATFNIEITS. C...ISH _4T B.4N Ik.4ND ()N 14..IJI) ?n23 20?2 iiriliLril 11411ik L. I IrJ'L'iiI ,4¥144?111)I .4()9_i I .469..11 C.'.I IIRI.'NT I.1.4IIILITIF. 2023 2022 -,ILLI'ILals CURVOII,ITIO:N T..1 N o pi'oi'l )iun is Inade lor l?1 Nali()n ill Il)e aLCOLinis ()n ihi II1%i 4 Ihai Ilie Associali<)n ii'ill biiiktit Iruni ¥Neiniitiun I'rotii C Lityoraiian Ta.% is a rL¢Onliised Llii8rl-. Charii!. ReLcreJice X'ij. SHARE C.IPI"1.4L, 'lie C. ()iilPQlI!' is liniilLd bN' il LILiar,111tee Irom eaLh niciiiher Trt" Il)e exeLuliN.'e Ll)minitiee and dneN n(Ji liai'e i55Ld >liare L&pil421. Ei ¢n dirccioi- beiiigi a in¢iJbLr ot. (lie excLiilii e Loniirjjiiec iin(leriakLS IU ¢<inlribuLe lo the agSLiS ol- Ihe Ciillip<ln! . in ilie li f iliL %ani¢ bcii)(5 111)und lip ii'lii le lie shc li Éi membci-. (Ir ii'iiliirb Il ier lic'-Iie Leuscs to be Ll illiiiiber. ali Ainiiun1 Iiei eicccdiiiu l)tte Poiind (£ I ,00) 10 vnt i'cal. i. disLkiiif"¥ K4¢1?i%. licibi l ities Éincl ani. ()IliLr Los18 lind ¥YI)en4Ls ot tlie w iiiding ILP.
S.A,L.T. CO%.IIIL_NITI"" ASSOCI,ITIOI% l-nuudited l inantial StdtL'mL'nls for i ear ended .31 O¢trJb¢r 21)21. RESIRI:Tr"S. T()T.11. R¥s1"ii'e% IraT)sl erre%1 ironi %..:l.L.T. ("(%r>l rJi ijni li.. Lll'l) I Iiq jlp [() I i éli eiide(l ? l (.-)ili)bLI' r)L l li Il ) l()r ¢iid£'il .' l ()4 11)l!il. ?iJ: C.,IPITAL C'R,4Y'I'S IIESERI-I -IIIL C. ¢ll)I tal Gr2L nl% rL%¢ri'e L iiinpris¢> Ili¥ loi IoK4'inLT I.. Llllltiil C.11 <1iils I'K.LL ii'Ld duTiiig Eh iierind. 'I'hc rcbLfi i. li ill be anii)111 SLd oi'ir iliL L'Stlnl&iled ii%eful ljf ¢ otr" Ilic biiildi nu. oi'er a 2.7 'ear pei'iod ¢OiiiillLnLin!T ()n tlie conipleTiOlI ol" thL biLLldin8. Dern Diilri¢i I'arin¢rship Nll:'T Cdpildl Cjrant C()nini uiiiii I. uii DeriTr L)isiriil P2L rlnL'r4liiii Dern- (' ill. C'oii(Icil l)Lrii (' ill. C'oiiiicil ?{l().1 Eliii-cil Coniiiiuiiiti N'LIII'Ork &006 O()F 5.144.?5 l11.lj()(l.01) i.UO<).(TrQ 4.855.7 ?1.670.19 ?()Q I i ?n.i)00,(10 .41i1()ni Sed ilp io ?U- .4n101115Ld in i-eaT 2(Tr2.? (I 10.IJ87,001 Trlalanie tls (1131 Ociohcr ?()" 4.i40.()
S..4.L.T. CONIIILTNITI .4SS()CI..ITI() Lni& uditL'd b inaneilll Statements for i-l'ar endc'd 31 OLtnber 7023. •CHLDI"I.LS TO THI.4C",COI"IN"I'S F()R THF I £,IR LNDF.D 3l oc"foBF.K 2023 Ileil riele(S L iirtstriiied 'l-oi'il Funds Tiiial Fiind }-111)<1s 11?.I Fu iJ(14 In2J C.HF.I)L.i.r. i l%(.'.(11F_ [.i(i.O(I I,.iQ4..)X i.siIII.OD -$00.no. l.Jl)4.)8 1.8QO.(MI lJ.iil) l )L."rn C;.ii' (". t)i&liciI F LLI)a'.ii.': FIoili)'.Jl-<i.. ri)¢. li Ixl) So¢iili' l .i14.4.OCJ iJl). 111 Slb.OU .{)¥4.(J J 6.L) ry? L):111:. iii:d-'K i?Il)"r Ii',CfjlflL .(,().0{) 1.04yI.IIO 6.40 -ooo.(i() B<ink Ii., QHLI)I.:LE' ry F.XPF.ISr. L)%-: 1)9 .yQ 9.95 51¢l1iOllil!' LllTri&l' L.'NP2114L •ry<J6 I:!)..i? l aier R,:, L)[Illf¥ l..xr)til4L% 4(pQ.Ci{I 96V.O Iiil 0,0 lil I.1.1iniiT':(IIlL¢ 611(1.00 Jll.JJO 1.14fj.Iin 40.01) tl.-11)k ('l)Il'L¥S (i(l.JJ i )D.00 lC-.IIF.DLILÉ 3 _ DEPRrc.i.,i-I'Jo .DlJ i)D ({).:(! UUI