REGISTERED CHARITY NUMBER: SC 024687
Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 June 2025
for
John Robertson Mortification Trust
SBP Accountants 27 Finlayson Street Fraserburgh Aberdeenshire AB43 9JQ
John Robertson Mortification Trust
Contents of the Financial Statements for the Year Ended 30 June 2025
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|Report|of the|Trustees|||to|4|
|Independent|Examiner's|Report|5|
|Statement|of Financial|Activities|6|
|Balance|Sheet|7|
|Notes|to|the|Financial|Statements|8|to|13|
|Detailed|Statement|of Financial|Activities|14|
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John Robertson Mortification Trust
Report of the Trustees for the Year Ended 30 June 2025
The trustees present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the Trust are set out in the will of the late John Robertson in the following terms (all original spellings having been retained):
"I, John Robertson.....am now come to a full and final resolution..... make a pious mortification... towards the support and relief of the poor and indigent in the parish of Peterhead and also for the support of the Gospel ordinances and of a minister to dispense them in the associate Congregation ... which resolution purely proceeds from the zeal I bear and carry to the glory and honour of God and that the true principles of our holy and Christian religion may be the more effectively propagated and that the said associate Congregation may prosper in Peterhead and also froma desire that the Poor in said Parish of Peterhead may receive benefit ..... my said trustees shall in all time coming be bound and obliged to ..... pay yearly, out of the rents & profits arising from...the Trust subjects... to the most indigent and necessitous Poor of the said Parish of Peterhead without distinction, the sum of Ten pounds Sterling; and it is my particular desire that the same be distributed among Poor householders, and that a part thereof may also be given & applied towards the Education of some Poor Children, in the said Parish, whose Parents are unable to pay for their Education, and that the ballance of the rents and profits of the said subjects, shall be applied for the use and benefite of the foresaid associate Congregation & there successors, and for the support of a minister to dispense the Gospel & Gospel Ordinances in the said Congregation and I hereby recommend to my Trustees above named to make diligent enquiry yearly, for the most necessitous Poor Householders of the said parish of Peterhead, & to be careful that the said sum of Ten pounds sterling hereby mortified, for the use of the Poor, be given and distributed to such persons only as are real and proper objects of Charity”.
The Trustees have interpreted the civil purpose of the Trust as having a wide application within the Parish of Peterhead, for all social welfare, educational and similar purposes. The Trust has maintained a strong history of making grants and to applicants within the Trust purposes from the local community to the ecclesiastical descendent of the Associate Congregation, namely Peterhead New Parish Church, within the Church of Scotland, and any funds not expended are retained as capital of the Trust. A committee comprising a number of Trustees considers all applications for funding and reports its recommendations to a full meeting of Trustees.
Due to financial impact on the Trust as explained under heading "Risk Management" a moratorium was placed by the Trustees on making of grants to allow the Trust to maintain financial stability. During the year the moratorium on grants was temporary lifted to allow Peterhead New Parish Church to form a fund for the support of youth work within the church.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Donations totalling £5,096 (2024: £26,000) were made to various worthy causes in the Parish of Peterhead during the year.
Fundraising activities & income
The Trustees carry out no external fundraising. The majority of the income of the Trust is by way of rental income from heritable properties owned by the Trust. Rental income has decreased by approximately 10% compared to 2024 when it decreased by 4%.
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John Robertson Mortification Trust
Report of the Trustees for the Year Ended 30 June 2025
ACHIEVEMENTS AND PERFORMANCE
Investment performance
The property portfolio continues to be managed by the factors, Stewart & Watson Solicitors subject to the instructions and supervision of the trustees and with the guidance of the buildings committee comprising the trust Chairman and Clerk of Works. The properties were revalued by professional surveyors, DM Hall, in December 2017 and the overall value of the property portfolio has remained unchanged in the financial statements at £2,570,500. The trustees believe that this is a fair reflection of the current market value.
The investments in two share portfolios are managed by Janus Henderson Investors and Columbia Threadneedle. Dividend income totalling £4,676 (2024: £4,999) was generated from these investments which was automatically re-invested in the respective funds. After accounting for the increase in valuation as a result of the dividend income and investment growth, the underlying value of investments increased by £6,411 (2024: £35,983) closing at £261,345 (2024: £254,934).
FINANCIAL REVIEW
Financial position
The net income/expenditure for the year before charitable grant donations was a deficit of £59,543 which compares to a surplus of £63,482 in the previous year.
The Trust continues to support Peterhead Aged and Infirm by granting them occupation of a trust commercial unit on a rent free basis and by donation in kind, making vacant shop premises available free of charge to local good causes and community events.
There have been major repairs needed to the roofs of the building and the trust had commenced a major roof overhaul to maintain the buildings. As a result, the trust was forced to be conservative with grants to ensure it had sufficient funds in hand to cover their cost of repairs. The trust had also discovered structural issues in so far as steel beams located in the buildings frontages were discovered to be corroded and required replacement for safety reasons. This is an ongoing project with major expenditure incurred in the year under report with further expenditure expected in the forthcoming financial year. Structural engineer's advice was obtained and it was the case that these failures of structural components of the building would be normal based on their age as they would have been original parts of the building and therefore had reached the natural end of their expected Itfespans
After allowing for grant donations the net position, before adjustments to investments and property revaluation, was a deficit position of £64,639 compared to a surplus of £37,482 in the previous year. The balance sheet remains strong with net current assets of £32,298 (2024: £101,613) at the year end providing sufficient cover to meet ongoing day to day activities.
Principal funding sources
The principal funding source continues to be the rental income generated from the property portfolio.
Investment policy and objectives
The main investment objective of the charity is to protect and maintain the property portfolio with a view to generating income to allow grant donations to be made to meet the main aims of the trust. Funds are also invested in share portfolios with a view to maximising returns on liquid resources.
Reserves policy
The financial position of the Trust is as contained in the attached accounts. The finances of the Trust are reviewed by the Trustees at each meeting. The Trust has a policy of distributing as much of its income in the course of the year as it can by way of identifying suitable recipients of funds which fall within the charitable purposes of the Trust deed. Sufficient cash reserves are maintained to meet day to day activities and grant donations are only made when sufficient funds are available to do so.
FUTURE PLANS
The Trustees will continue to manage the trust capital assets prudently and to look for means of securing solid income streams from the Trust assets and identify needs within the Parish of Peterhead, which can be alleviated and funded within the terms of the Trust purposes.
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John Robertson Mortification Trust
Report of the Trustees for the Year Ended 30 June 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The governing document of the Trust is the Will of the late John Robertson, Collielaw, Peterhead, dated 12 May 1792. In terms of his Will, the late Mr Robertson appointed as his Trustees the elders of the Associate Congregation Peterhead, which has devolved to the elders of Peterhead New Parish Church, Peterhead who are Trustees ex officio. Appointment as an elder of Peterhead New Parish Church, Peterhead is by decision of the members of that Church.
All new Trustees are fully appraised of the workings of the Trust and its principles by the Clerk to the Trust. Decisions in relation to Trust business are made at meetings of the Trustees by majority decision. The day to day running of the Trust and its properties is delegated to the factors, Messrs Stewart & Watson, Solicitors. The Trust has no associated or subsidiary bodies.
Related parties
One of the Trustees, Mr R. Antczak has acted as clerk of works in relation to the upkeep and maintenance of the substantial Trust property portfolio since June 2017. The remuneration paid to the respective trustee meet the conditions of Section 67 of the 2005 Act and amounted to £5,000 (2024: £5,000) for Mr Antczak. No other expenses were paid to the Trustees. Risk Management The main financial risk to the charity is considered to be that of cashflow in terms of ensuring a steady flow of income from the property portfolio to fund the ongoing management and maintenance of the properties, particularly if any unforeseen major repairs are required. Many of the trust commercial properties, which are town centre retail premises were let in the late 1990s on 20 year commercial leases which terminated just prior to the COVID pandemic. Securing replacement commercial tenants of good calibre within the town centre has remained a challenge for the trust as it does for many town centre landlords throughout the country. To meet this challenge the Trust Chair maintains an active role in liaising with the Local Authority and maintaining awareness of all initiatives which work towards reinvigorating and improving the town centre. The Trustees temporarily paused grant awards in recent years in order to maintain sufficient funds within the trust to meet the ongoing obligations of maintenance of the buildings whilst rentals were in decline. The grants paid were therefore much reduced this year, being a total of £5,096 compared to £26,000 in 2024. The Trustees hope to be able to continue with a balanced approach towards making grant awards whilst continuing to maintain funds within the Trust to maintain the Trust property for future generations.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number SC 024687
Principal address
Per Stewart & Watson, Solicitors 35 Queen Street Peterhead
Aberdeenshire AB42 1TP
Trustees
Mr Robert Tadeusz Antczak Mrs Sandra D. Buchanan
Mr James Copland Mrs June Cowie Mr Angus C. Johnstone Ms Ruth MacKenzie
Mrs Maureen Simpson Rev. Dr. Julia Pizzuto-Pomaco Minister Mr Norman Grant
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John Robertson Mortification Trust
Report of the Trustees for the Year Ended 30 June 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner Mr Ronnie Birnie FCCA SBP Accountants 27 Finlayson Street Fraserburgh Aberdeenshire AB43 9JQ
Clerk to the Trustees Nicola Harvey, Stewart & Watson, Solicitors, 35 Queen Street, Peterhead, AB42 ITP.
Approved by order of the board of trustees on 31 March 2026 and signed on its behalf by:
Mr Robert Tadeusz Allt@7ak="Prustee
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Independent Examiner's Report to the Trustees of
John Robertson Mortification Trust
I report on the accounts for the year ended 30 June 2025 set out on pages six to thirteen.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
(2) _ to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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ye
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Mr Ronnie Birnie FCCA \
The Association of Chartered Certified Accountants
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SBP
Accountants 27 Finlayson Street Fraserburgh Aberdeenshire
AB43 9JQ
31 March 2026
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John Robertson Mortification Trust
Statement of Financial Activities for the Year Ended 30 June 2025
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|---|---|---|---|---|---|
|30.6.25|30.6.24|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Investment|income|2|163,620|174,629|
|EXPENDITURE|ON|
|Raising|funds|3|223,163|111,147|
|Charitable|activities|
|Donations|for|charitable|purposes|5,096|26,000|
|Total|228,259|137,147|
|Net|gains|on|investments|1,735|30,984|
|NET|INCOMEK(EXPENDITURE)|(62,904)|68,466|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|2,927,047|2,858,581|
|TOTAL FUNDS CARRIED|FORWARD|2,864,143|2,927,047|
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The notes form part of these financial statements
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John Robertson Mortification Trust
Balance Sheet
30 June 2025
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|---|---|---|---|---|---|---|---|---|
|30.6.25|30.6.24|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|FIXED|ASSETS|
|Investments|
|Investment|property|7|2,570,500|2,570,500|
|Social|investments|8|261,345|254,934|
|2,831,845|2,825,434|
|CURRENT|ASSETS|
|Debtors|9|32,701|29,934|
|Cash|at|bank|68,514|115,873|
|101,215|145,807|
|CREDITORS|
|Amounts|falling|due|within|one|year|10|(68,917)|(44,194)|
|NET CURRENT|ASSETS|32,298|101,613|
|TOTAL|ASSETS|LESS CURRENT|
|LIABILITIES|2,864,143|2,927,047|
|NET|ASSETS|2,864,143|2,927,047|
|FUNDS|1|
|Unrestricted|funds|2,864,143|2,927,047|
|TOTAL FUNDS|2,864,143|2,927,047|
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The financial statements were approved by the Board of Trustees and authorised for issue on 31 March 2026 and were signed on its behalf by:
Ek ORE”4 [SLEae? eben = Mr Robert Tadéusz Antezak - Trustee
The notes form part of these financial statements
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John Robertson Mortification Trust
Notes to the Financial Statements for the Year Ended 30 June 2025
- ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
Going Concern
The Trustees have considered the overall financial position of the charity and are of the view that there are no material uncertainties about the charity's ability to continue for the next twelve months and for the foreseeable future and, on this basis, the accounts have been prepared on a going concern basis.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Investment property
The Investment Property portfolio is reported at current market value. The value stated was determined by DM Hall Chartered Surveyors in 2017 and is re-considered by the Trustees on an annual basis.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Other investments
Other investments are stated at market value at the balance sheet date per the valuation statements provided by the professional portfolio managers. Unrealised gains and losses represent the difference between the market value at the beginning and end of the financial year or, if purchased in the year, the difference between cost and market value at the end of the year. Realised gains and losses represent the difference between the proceeds on disposal and the market value at the start of the year or cost if purchased in the year.
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John Robertson Mortification Trust
- INVESTMENT INCOME
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
| 2. | INVESTMENT INCOME | ||
|---|---|---|---|
| 30.6.25 | 30.6.24 | ||
| £ | £ | ||
| Rents received | 142,418 | 158,204 | |
| Tenant's contributions | 13,865 | 9,165 | |
| Dividends rec'd on investments | 4,676 | 4,999 | |
| Bank interest received | 2,661 | 2,261 | |
| 163,620 | 174,629 | ||
| 3. | RAISING FUNDS | ||
| Investment management costs | |||
| 30.6.25 | 30.6.24 | ||
| £ | £ | ||
| Insurance | 22,933 | 23,358 | |
| Property repairs | 131,143 | 33,248 | |
| Maintenance officer honorarium | 5,000 | 5,000 | |
| Sundry expenses | 144 | - | |
| Council tax & rates | 17,913 | 6,949 | |
| Professional fees | 905 | 640 | |
| Factor's fees | 40,800 | 38,400 | |
| Support costs | 4,325 | 3,552 | |
| 223,163 | 111,147 | ||
| 4. | GRANTS PAYABLE | ||
| 30.6.25 | 30.6.24 | ||
| £ | £ | ||
| Donations for charitable purposes | 5,096 | 26,000 | |
| The total grants paid to institutions during the year was as follows: | |||
| 30.6.25 | 30.6.24 | ||
| £ | £ | ||
| Trinity Parish Church Peterhead | 4,606 | - | |
| New Parish Church Peterhead | - | 26,000 | |
| Meethill & Burnhaven School | 490 | - | |
| 5,096 | 26,000 |
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John Robertson Mortification Trust
- AUDITORS' REMUNERATION
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
| AUDITORS' REMUNERATION | ||
|---|---|---|
| 30.6.25 | 30.6.24 | |
| £ | £ | |
| Fees payable to the charity's auditors forthe auditofthe charity's financial statements |
4,325 | 3,552 |
Auditor's remuneration comprises £1,745 in relation to the accountancy fees for the preparation of the financial statements and independent examination plus £2,580 in audit fees to the Royal Faculty of Procurators.
- TRUSTEES' REMUNERATION AND BENEFITS One of the Trustees, Mr R. Antczak, acts as clerk of works in relation to the upkeep and maintenance of the substantial Trust property portfolio. The amount paid to Mr Antezak in the financial year was £5,000 (2024: £5,000).
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
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INVESTMENT PROPERTY The value stated of £2,570,500 was determined by professional chartered surveyors, DM Hall, as at 21 December 2017. The valuation is considered by the Trustees as being a fair reflection of the market value of the property portfolio as at the financial year end date of 30th June 2025. The property valuation will be reconsidered by the trustees on an ongoing annual basis.
-
SOCIAL INVESTMENTS
| SOCIAL INVESTMENTSINVESTMENTS | |
|---|---|
| Other | |
| investments | |
| £ | |
| MARKETVALUE | |
| At 1 July2024 Additions Revaluations |
254,934 4,676 1,735 |
| At30June2025 | 261,345 |
| NET BOOKVALUE | |
| At 30 June2025 | 261,345 |
| At30June2024 | 254,934 |
Social investments comprises two separate share portfolios managed by Janus Henderson Investors and Columbia Threadneedle.
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John Robertson Mortification Trust
- SOCIAL INVESTMENTS- continued
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
Cost or valuation at 30 June 2025 is represented by:
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Other|
|investments|
|£|
|Valuation|in 2021|223,446|
|Valuation|in 2022|(18,926)|
|Valuation|in 2023|14,431|
|Valuation|in|2024|35,983|
|Valuation|in|2025|6,411|
|261,345|
|9.|DEBTORS: AMOUNTS|FALLING|DUE WITHIN ONE YEAR|
|30.6.25|30.6.24|
|£|£|
|Amount due|by|factors|7,384|6,315|
|Debtors & prepayments|25,317|23,619|
|32,701|29,934|
|10.|CREDITORS:|AMOUNTS FALLING|DUE WITHIN ONE YEAR|
|30.6.25|30.6.24|
|£|£|
|Trade|creditors|68,917|44,194|
|11.|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1.7.24|in|funds|30.6.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|2,927,047|(62,904)|2,864,143|
|TOTAL FUNDS|2,927,047|(62,904)|2,864,143|
|Net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Gains|and|Movement|
|resources|expended|losses|in|funds|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|163,620|(228,259)|1,735|(62,904)|
|TOTAL FUNDS|163,620|(228,259)|1,735|(62,904)|
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John Robertson Mortification Trust
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
- MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
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|---|---|---|---|---|
|Net|
|movement|At|
|At|1.7.23|in|funds|30.6.24|
|£|£|£|
|Unrestricted|funds|
|General|fund|2,858,581|68,466|2,927,047|
|TOTAL FUNDS|2,858,581|68,466|2,927,047|
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Comparative net movement in funds, included in the above are as follows:
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|---|---|---|---|---|---|
|Incoming|Resources|Gains|and|Movement|
|resources|expended|losses|in|funds|
|Unrestricted|funds|ie|£|£|£|
|General|fund|174,629|(137,147)|30,984|68,466|
|TOTAL FUNDS|174,629|(137,147)|30,984|68,466|
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A current year 12 months and prior year 12 months combined position is as follows:
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||||||
|---|---|---|---|---|
|Net|
|movement|At|
|At|1.7.23|in|funds|30.6.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|2,858,581|5,562|2,864,143|
|TOTAL FUNDS|2,858,581|5,562|2,864,143|
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Gains|and|Movement|
|resources|expended|losses|in|funds|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|338,249|(365,406)|32,719|5,562|
|TOTAL FUNDS|338,249|(365,406)|32,719|5,562|
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John Robertson Mortification Trust
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
12. RELATED PARTY DISCLOSURES
There were no transactions with related parties other than the remuneration paid to the Trustee Mr R.Antczak as reported in a separate note to these financial statements.
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John Robertson Mortification Trust
Detailed Statement of Financial Activities for the Year Ended 30 June 2025
| 30.6.25 | 30.6.24 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Investment income | ||
| Rents received | 142,418 | 158,204 |
| Tenant's contributions | 13,865 | 9,165 |
| Dividends rec'd on investments | 4,676 | 4,999 |
| Bank interest received | 2,661 | 2,261 |
| 163,620 | 174,629 | |
| Total incoming resources | 163,620 | 174,629 |
| EXPENDITURE | ||
| Investment management costs | ||
| Insurance | 22,933 | 23,358 |
| Property repairs | 131,143 | 33,248 |
| Maintenance officer honorarium | 5,000 | 5,000 |
| Sundry expenses | 144 | - |
| Council tax & rates | 17,913 | 6,949 |
| Professional fees | 905 | 640 |
| Factor's fees | 40,800 | 38,400 |
| 218,838 | 107,595 | |
| Charitable activities | ||
| Grants to institutions | 5,096 | 26,000 |
| Support costs | ||
| Governance costs | ||
| Auditors' remuneration | 4,325 | 3,552 |
| Total resources expended | 228,259 | 137,147 |
| Net(expenditure)/income | (64,639) | 37,482 |
This page does not form part of the statutory financial statements
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