Company registered number: N1031453 Charity re8iStered number: NIC105179 WHITEROCK CHILDRENS CENTRE LTD {Private company Ilmited by 8uarantee wlthout share capltall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 AD970788 1¢Y0812024 COMPANIES HOUSE A06
308
Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
WHITEROCK CHILDRENS CENTRE LTD CONTENTS PAGE Reference and administrative details of the charity, its trustees and advisers Trustees, Annual Report (Incorporating the Director's Report) Independent Examiner Report Statement of Financial Activities 8alance Sheet Notes to the Financial Statements 9-16
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without Share capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, Annual Report (Incorporating the Dlrertor's Report) STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is controlled by its governing document, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The company was incorporated on 21 October 1996 and registered with the Charity Commission for Northern Ireland on 3 May 2016. REFERENCE AND ADMINISTRATIVE DETAILS Whiterock Childrens Centre Ltd (also known as Whiterock Creche Association) Re8lstered Company number N1031453 Reglstered Charity number NIC105179 Registered office 91 Whiterock Road Belfast County Antrim BT12 7PG CHAIRPERSON Katheen Lavertv TRUSTEES & DIRECTORS Anette Conlon - Resigned 9th January 2024 Kevin Morrison Kathleen Laverty INDEPENDENT EXAMINER Tony Clarke 53 Andersonstown Road Belfast BTII 9AG
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees. Annual Report (Incorporating the Director's Report) Chairperson's Report This past year has been more significant than most in recent memory for Whiterock. The team have delivered amidst political uncertainty, short term funding, policy changes in childcare provision, and the community consultation on the new housing development around us. I want to thank Deirdre and the team especially for their work in prioritising our children and families through all of this, ensuring we remain the pinnacle of family support and childcare in the Greater Belfast area. Our critical location cannot be undermined. That the buildlnB needs development Is without question, but, lacking investment, Deirdre has led the team in creative efficient and effective 501utions to create a welcoming, well cared for space in which children can thrive. families can grow, and people can heal. However, we continue to strive forward with the ultimate objective of a new purpose-built modern building. With the support of the local community, staff, volunteers, our users, and the weight of our political representatives behind us, we remain hopeful that the immediate future will see some positive developments. l attend our board meetings and always feel we're on the cusp of possibilities- for growth of 5eniice; increased delivery; improved facilities; new initiatives. stronger partnerships- and all of these possibilities are made increasingly real with each meeting thanks to my fellow trustees, our funders, our brilliant team - including our finance support at Clarke and Co. and contracted therapists, but mostly, to our Director. Deirdre has been a personal inspiration throughout my time in community development. Her efforts in navigating a maelstrom of difficulties with grace and compassion, always championing the rights of children, families and the Whiterock communitv. assure me we're in safe hands. l also want to thank our families. Thank you for trusting us with the welfare of your children. Thank you for supporting us in every funding drive we do. Thank you for attending our classes, our therapies, our consultations. Thank you for bringing fresh ideas and strong inslghts to the team - these ensure we remain community led in our delivery.
WHITEROCK CHILDRENS CENTRE LTD {Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, Annual Report (Incorporating the Director's Report) (continued) Structure. Governance and Trustees Whiterock Childrens Cetre Ltd which is registered as a charity with the Charity Commission for Northern Ireland, was incorporated as a company limited by guarantee in Northern Ireland, registration number N131453, with the objective of undertaking charitable activities for the benefit of the inhabitants of Northern Ireland. Going Concern After making appropraite enquiries, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseable future. For this rea50n they continue to adopt the going concern basis in preparing the financial statements. Further detai15 reqarding the adoption of the going concern basis can be found in the Accounting Policies. Financial Review The results for the year ended 31 March 2024 are set out on pages 7 and 8 of the financial statements. The total income for the year ended 31 March 2024 amounted to £482,643{2023: £443,578). The total expenditure was £480,7S8 (2023: £448,137) The Trustees consider that the unrestricted funds of the charity is sufficient and adequate to fulfil their obligations. The charity held £175,303 in reseries at the year end (2023: £176,879). Reserves Policy The income of the Company is considered adequate and the risks associated with any significant reduction in income is regarded as unlikely. The Trustees are satisfied with the current level of reserves at the present time. The Trustees are reviewing the Reserves Policy in the current year.
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capitall TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Trustees, Annual Report (Incorporating the Director's Report) (continued) Trustees. responsibilities 5tstement The Trustees (who are also directors of Whiterock Childrens Centre Ltd for the purposes of company lawl are responsible for preparin8 the Trustees, report and the financial statement5 in accordance with applicable law and United Kingdom Accounting Standard {United Kingdom Generally Accepted Accounting Practice) Company law requires the trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affalrs of the charitable company and of the income resources and application of resources, including the income and expenditue of the charitable company 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 in the Charities SORP. make judgments and accounting estimates that are reasonable and prudent; prepare the fir)ancial statements on the 80ing concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transaction and disclose with reasonable accuracy at any time the financial position of the charitable company and the enable them to ensure that the financlal statements comply wlth the Companies Act 2019. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This repo was pproved by the ustees, on ..Lb. and signed on behalf by: hee Director erty
WHITEROCK CHILDRENS CENTRE LTD {Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHITEROCK CHILDRENS CENTRE LTD I report on the financial statements of the company for the year ended 31 March 2024 which are set out on pages 7 and 8. 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 the Act. My work has been undertaken so that l Might state to the cornpany'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 of this report. Respectlve responslbllitles of trustees and examlner 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 financial statements in accordance with the requirments of the Companies Act 2006. Having satlsfied myself that the company is not subject to audit under company law, and is eligable for Independant examination. It is my responsibility to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 6519){b} of the Charities Act state whether particular matters have corne to my attention. Basis of Independent Examiner's report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65{9)Ib} of the Charities Act. My examination included a revlew of the accounting records kept by the charity and a comparison of the accounts presented with those records. It was also included consideration of any unusual items or disclosures in the accounts, and seeklng explanations from you as charity trustees concerning any such matters. Independent examiner's statement 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 63 of the Charities Act That the accounts do not accord with those accounting record5 That the accounts do not comply with the accounting requirements of the Charities Act That there is further information needed for a proper understanding of the accounts to be reached.
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHITEROCK CHILDRENS CENTRE LTD (continued) I have completed my examination and have no concerns in respect of the matters (l) to (4) listed on page 5 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. ny Clarke 53 Andersonstown Road Belfast BTII 9AG Date:
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT Year to Unrestricted Restricted 31-Mar-24 Funds Funds TOTAL Year to 31-Mar-23 TOTAL Note Income from: Donations and Legacies Charitable Activities 31,948 103,829 31,948 450,694 26,219 417,359 346,865 Total Income 135,777 346,865 482,643 443,578 Expenditure on: Charitable Activities 137.353 343,405 480,758 448,137 Total expenditure: 137,353 343,405 480.758 448,137 Net income/lexpenditure) (1,5761 3,461 1,885 (4,558 Transfers between funds Net movement In funds (1,576) 3,461 1.885 {4,558) Reconciliation of funds Total funds brought forward 176,879 8,604 185,483 190,041 Total funds carried forward 175,303 12,064 187,367 185,481 The statement of financial activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities. The notes on page 9 to 16 form an integral part of thp.se accounts
WHITEROCK CHILDRENS CENTRE LTD {Private company limited by guarantee without share capit311 TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 BALANCE SHEET As at 31 March 2024 2024 2023 Note Flxed Assets Tangible Assets 13 73,492 73,492 81,009 81,009 Current Assets Debtors Cash at bank 8.577 128,513 137,090 9,970 109,565 119,535 Llabilities Creditors: amounts l•llin8 due wlthln one year (23,216) (15,063) Net Current Assets 113,874 104,472 Total Assets Less Current (Liabilities) 187,366 185,481 Net assets 187,367 185,482 Funds Restricted Unrestricted 12,064 175,303 8,603 176,879 TOTAL FUNDS 11 187,367 The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 185,482 The Trustees consider that the company is entitled to exemption from the requirment under the provisions of section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirments of the Companies Act 2006 with respect to accountin8 records and the preparation of financial statements. The financial signed heir b ments were ap alf by: ed by the board directors on and were Kathleen Laverty Director The notes on page 9 to 16 form and integral part of these accounts
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS l Accounting policies (a) Basis of preparation of financial statements The financial statements have been prepared in accordance with Accounting and Reporting bv 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 l January 2019) {Charities SORP IFRS 102) the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Whiterock Childrens Centre Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised as historical cost or transaction value unless otherwise stated in the relevant accounting policy. (b) General information Whiterock Childrens Centre Ltd is a private company limited by guarantee. The company is incorporated in Northern Ireland and has the company number N1031453 The registered office address and principal place of business is 91 whiterock Road, Belfast, Northern Ireland, BT12 7PG. The principal activity of the company continues to be operateing within a Social economy Framework for part of our work. WCC are a local employer providing employment for 19 employees in a area of high deprivation . WCC is a non profit taking organisation and all profits are re invested in the charitable purposes of the group. The charity beneficiaries of the centre are the children and families who use the centre to return to employment training or education. Support black and minority ethnic familes through out West Belfast to enable them to settle into community. The financial statements are presented in Sterling {£). The level of rounding is £1. (c) Company status The company is a company limited by guarantee. The members of the company are the Trustees names on page l. In the event of the company being wound up the liability in respect of the guarantee is limited to £1 per member of the company. {d) Going concern After reviewing the charities forecasts and projections, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing it financial statements. (e) Income All income 15 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 reliably. Donated services or facilities are recognised when the company has control over the item, any condliions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and the economic benefit can be measured reliably In accordance with the Charities SORP {FRS 1021.
WHITEROCK CHILDRENS CENTRE LTD (Private Company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS (contlnued) lel Income continued On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would be willing to pay to obtain services or facilities of equivalent economic benefit on the open market. a corresponding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of donation. Income tax recoverable in relation to investments income is recognised at the time the investment income is receivable. (f) Expenditure 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 cost of each activity are made up of the total 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 the basis consistent with the use of resources. Support costs are those costs incurred directly in support of expenditure on the objects of the company. (g) Tanglble fixed assets and depreciation A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of the asset may not be recoverable. Shortfalls between the caring value of the fixed assets and their recoverable amounts are recognised as impairments, impairments1055e5 are recognised in the Statement of financial activities incorporating income and expenditure account. Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation if provided at rated calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Equipment Land and Buildings 15Yo Reducing Balance 20 year lease term 10
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS (continued) (h) Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company: this is normally upon notification of the interest paid or payable by the bank. (i) 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. ti) 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 deposlt of similar account. (k) Llabilitles and provislons Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that the 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 at 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 these amounts, discounted at the pre-tax discounted rate that reflects the risks specific to the liability. The unwinding of the discount is reco8insed within the interest payable and similar charges. Il) Financial instruments The com pany only has financial assets and f inancial liabilities of a kind that qualif ies 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. (m) Fund accounting General funds are unrestricted funds which are available for the use at the discretion of the Trustees in the 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 accordarbce with the specific restriction5 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. 11
WHITEROCK CHILDRENS CENTRE LTD {Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS (continued) 2 Income from Donations and Le acies 2024 2023 Unrestricted Funds Restricted Funds TOTAL TOTAL Donations Other Totals 2024 12,956 18,992 31.948 12,956 18,992 31,948 14,351 11,868 26.219 Totals 2023 26,219 26,219 3 Income from Charitable Activities 2024 2023 Unrestricted Funds Restricted Funds TOTAL TOTAL Halifax Foundation DFC BCC Early Years PHA- Clear BHscr TEO DFE Surestart Children in Need HSBC Active Communities Network CFNI Childcare Fees Dormant Accounts Totals 2024 500 29,348 26,263 30,344 3,984 68,991 42,693 1,880 12.221 24,182 11,705 5,625 44,511 115,113 29,285 29,007 29,326 29,285 29,007 29.326 89,153 48,016 7,577 12,319 25,188 89,153 48,016 7,577 12,319 25,188 5,625 45,871 5,625 45,871 103,829 25,500 25,500 346,865 450,694 103,829 103,829 417,359 Totals 2023 115,113 302,246 417,359 12
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS (CONTINUED) 4 Staff Costs and Numbers 2024 ' 2023 Gross Wages and Salaries 342,151 342,151 328,937 328,937 No employee received emoluments of more than £60,000 (2023: None) The average monthly number of employees during the year, calculated on the basis of full time equivalents, was as follows: 2024 Number 20 2023 Number 19 S Ex enditure 2024 2023 Charitable Activities Unrestricted Funds Restricted Funds TOTAL TOTAL Wages and salaries Teaching and Training Project costs Childrens catering Insurance Outsourced Finance Light and Heat M&R and IT Printing, Stationery & Postage Telephone Bank charges Cleaning and Waste Disposal Other Costs & Entertainment Consultancy Depreciation Loan Interest Registrations and Membership fees Uniform Total 2024 68,998 3,184 8,769 6,331 5,771 8,000 11,058 7,122 437 2,122 1,014 3,108 2,671 273,153 2,000 31,559 342.151 5,184 40,328 6.331 6,SZI 8,800 31.765 13,122 587 2,472 1.014 3.108 2,721 6.120 8,116 S39 114 1,766 1,766 343,405 480,758 328,937 8,720 26,940 5,669 6,657 7,200 21,086 13,591 2,616 2,795 665 3,345 2,166 6,520 8,119 2,049 515 544 448,137 750 800 20,707 6,000 150 350 50 6,120 8,116 539 114 137,353 Total 2023 161,604 286,533 448,137 13
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by gvarantee without share capital} TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS (CONTINUED) 6 Trustees remuneration & expenses During the year, no Trustees recelved any remuneration12023 - £NIL), During the year, no Trustees received any benefits in kind (2023 - £NIL). During the year, no Trustees received any reimbursement of expenses (2023 - £NIL). 7 Debtors 2024 2023 Grants Receivable Trade debtors Prepayments Total 2024 1,921 7.945 104 9,970 8,577 8,577 8 Creditors: amounts fallin due within one ear 2024 2023 Accruals & Deferred Income HMRC PAYE & Pension Other Creditors Loans Total 2024 18,906 4,009 227 74 23,216 5,589 291 9,183 15,063 9 Inde endent examiner's remuneration The independent Examiner's remuneration amounts to an Independent Examination fee of £240 (2023 - £2401 10 Related art transactlons There were no related party transattions during the year. 14
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS (continued) 11 Statement of funds- current ear Balance at l April 2023 Balance at 31 March 2024 Income Expenditure Transfer in/out Restricted funds DFC Bcc Early Years BHSCT TEO DFE Surestart Children in Need Active Communities Network CFNI Dormant Accounts Total restricted funds 29,285 29,007 29,326 89,153 48,016 7,577 12,319 25,188 5,625 45,871 25,500 346,865 (29,2851 (29,0071 {29,3261 {89,1531 {48,0161 {7,5771 (12,3191 {25,1881 {5,6251 {54,4741 {13,4361 1343,40S) 8,604 12,064 12,064 8.604 Unrestrlcted funds General Total Unrestricted funds 176,879 176,879 135,777 135,777 {137,353) {137,353) 175,303 175,303 Total of funds - current year 185,483 482,643 {480.758) 187,367 12 Statement of fund - rior ear Balance at l April 2022 190,041 Balance at 31 March 2023 176,879 8,604 185,483 Transfer in/out Income Expenditure Total unrestricted funds Total restricted funds Total of funds - prior year 141,332 302,246 443,S78 (161,604) 7,110 1286,533) 17,110) 1448,137) 190,041 Overview of Restricted Funds Active Communities Network Programme costs for a partnership work with Active communities Belfast Cit Council Capacity building towards part of directors, salary and running costs, Summer scheme toward entry fees and buses for trips and food 15
WHITEROCK CHILDRENS CENTRE LTD (Private company limited by guarantee without share capital) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Overvlew of Restrlrted Funds continued BHSCT Running costs for Hub, childcare costs for children through sponsored daycare and Towards salary of family support worker CFNI Family support workers salary part time, part of Directors salary. Play therapist hrs, Counsellors, hrs and contribution towards running costs Chlldren In Need 2 staff salaries, 2 hrs of Childcare managers hrs and contribution towards running costs DFC Family learning Managers salary DOH Programme costs Dormant Accounts Co-ordinator salary, professional fees, new website Earl Years 2 salaries and part of Childcare managers salary TEO Ethnic Minority worker5 salary, part of directors salary, running costs USDT Sure Start ethnic minority workers hrs 13 Fixed Assets Land & Property Equipment Totals COST At l April 2023 Additions At 31 March 2024 DEPRECIATION At l April 2023 Charge for the year At 31 March 2024 NET BOOK VALUE At beginning of period At 31 March 2024 150,000 64,164 600 64,764 214,164 600 214.764 150,000 72,500 7,500 80,000 60,655 616 61,272 133.155 8,116 141,272 77,500 70,000 3,509 3,492 81,009 73,492 16