SfAFFORD UMFXO~ CHARi1MXS

AÃMM:L 14KPORT

RQR 1'BK.VXNR KNBER 3% DECEMBER 2M6

8'egiitered Climmkyg4. . M942%1

SK~ ISTATHAM

C4iAR1IIKRED ACCMJMIIARTS~

StaBerckhhe

S'IIFSQRD UN NKD CHARl NKS'-

Veethe yg@I ced&9Nsf Deeem&V 20Vot

K@X'Pk,W'.fS

TlIllf4cG~: s RGpQlt: 3'~' f'~

8$icppBdI'14tl (F.xBQ11B'cf8-RcplÃC 4II

%4@nek e&Fii&ascii Actr vi6tz

St@eaen6@8fCashi f4kws: 71 I

N~ 5h the Acct~ 8:;ikii

li

[i

li

S't'A'Yj& M4$"..lkMl. 'KS CNA81%flkfs'!

T'ru~&%maul llamart. lfmr Ne yew. astdedl Xfst. Skann4m26l@

S~ UtukKi ChaAttcst. 16 "'Ht&un8%%1ck. . .l&tklCet StaAf@lXl, $7K)i fHk'-. ,-18l fCglstt'5@k v&'ltfh Nc- Chanty.

Co~numaieuers: (Ne 25942&);:and' is &gpvcrncd„lIH, , a. Soltcat@ ef t4e Qlarity C@6amsieners. daudIIZOtls 3'ufy 'N&k

The Ckhrity, is»aa, antafgaaetiomi elf fly! snmll ettaritios wkiehi wmc:afL ostal6hhuk Os Scn&L' ill,'. people of'-'4e;

Bofoal&)1 ef& ~rd~ as ~nstiktltcd Ifront jlIAIC:t@tlsnlc.

Iaut~st tasiIIN4rms

T14.$4aeity& is;srkninistcrediky t4+ffelfdaviap, :qmnbcrs'.

Ex-efAcie Trustee

8591inatsIt c:T1l1stocs

The;Mlayer ef StaAferdi

Cllr, B"PriceCfll1.'f B.' Cross

Clbv8'O'Conaor

Glare), IJPta t

Kowpt8fia&e; T~e-: Mrs& C. A, .B:~neo»

Mr.-3 Sfy

Mr::4. Mason

Mr.:f., '. Cantriff

Gee&trt tbo Trustees. , fvfr. J..IG. Laagtord

lfho~Trust Beati'yt&ovidcs ffer:-

Ono P~.i:-.o%rio 1frustco

Sour Nemiaatim Trustees:,

Four Ce~optatiIee: Trustees"

- Mayor ot'tfte Borough. , off IStaAka4%l

- apixnntediby the Bomw@ ef: StisNNdI

--appoints~ by aN Trastocs~atxi S~fsl Meeting

The@harigis's~ by Unig:-llsus544ukl in, Birming4anx:as bceuf ens.;:11If@d,Morgan k,'Omened in. StaOfardf as;

so86itors, - MDor4$fc' B6llsNg A8%Klaalaar 18 St&e on lfrcut: as Housing %anat&mrs an(1 A)1(kc%,' Pognltcy

'%4rtorodf Acc8llBtant. lnng~c@stIiej&un@x" Lpulc' as alldcpon kill cMtnrtllNls[Jn

I~a Rksyonailsili6us

TMf St~neat cd' kcconmtenkxlI ~inc::"Accounting and' Nqestii@jby 8haritiesl' and" i' Clianitics.

Censtitistftotqi aequirs& tho Trustee. -to. utah@; wailafllc:. aniiAnnuaf RCpprt: 1'ol"-'.Oaak~ f~naueiall yean, . she+i&q&- a true:.

ansi fair view- et' dm&AaancialI!tehnsactiens eff No Amri& during' fkfnu)%ah year aad. Qf tllodispOsitioul„at the, '

ensf. of t5e 6mrncistL yean~. efI t5kasse@, andfIfiabifi ties,

STAdl'ACHRO! j%I5 l lLD 4 IIARl'NMIjll I

TA1stees'Ahnnak lb~out for' the;ycttiri ewledl3 1k' Dccertshjcr A@

In!prying tiic Eunumafj s~ncn&lt46 trustccsi@re mqsircd to.':

-scICctjalmtablc accountint; poiicies ank~ty k'ca1 conaistjcnt1$;. .. .

".nial&0'gudgcAlcnl3 and. Mtln1atcs tirat. 85cMasenablc! Bnd prudent).

—state:.%hCther app)icable &mmuntjitn s@edardjt, andi stjatansstamf roconsueaelM practice have bonn. .i@flowed,

suiilcctultn:any!n1aturiat dlpartttres, ksci5sbd and, expiain@ in;tiic finaneijaI &tstnjttt'cuts;; and I

- pl epalJcthjc fii1anciaf st!atcnlcnis on«@8 $9lnglconccnt 63&us U1TI5ss 1tljls, IBapp9)priatc to'p csuntc Hlrat„this tFBsks

ayplicss-

Tlk true@ca 1111dcr.Trust. I aw&:are;nsspqtl!Sible. for ensuring pteper acceuntjing&jrtmrkna1!C I'cPt. vkicI1 ~Ibsc;:;:-w1HS reasOtarMk'. acct!raoy at. any oW&in1e, , tI&e:Ahanciail 11ositjion of the:6hmty awl cnaMC: tltcnr toIure: %at tiie:&

hn!811UNalljtrtaicntCNts con+ly %4th gl@ Ttnist. 95iiKII They Bfe BI40 BGSpsnSNk'. &f satttluarrhng the'asset%:08jtik', .'

jt hari+~and Iibncc for taI6ng&. rcasoleblU!~, Qr tile prevetltjion Bnd, Mnction!@fltf'rand and other irnxplaeitics&

Ckla R$'s 05jmtives atrd Activity:aiming t5ieyaar

Tiic:obIeativc': of Nc Cliarity 18 ICY''cnsnl'9-'katj ttle pcopjk'. Ofi tIlc::801otlgh'". of ~rI 4cncSlt' fronl its activities'.

Tilcneiis area!of Ikncfit is now:thcsprcrnises andircsidcntS, of'tin~ Sir MB1jkn! l4kl's A4nshouscs (knows' Iocafiy, ',as "TFkt(.":.(gag".) in. Mii Street Stjtlfib@tl

%e-"Ttju'sties; a@a rzspons44 for tie ntaintcnance and inlpJO+cnrottt of the bniiMins and sr thc: weII Ring of'. Nc:

1!Osidcits=

The;;CShstp has. a smaH„unvcsMcnt!!utcrnnc, . BI@hugh ke:maul. mconle ouncs &dna! rontS' patd by, the:nmdcnjts'. ;

TItcrc;:1s'a. resident warden! Day„ tja1 day' adntinistratien! jnattcns, : iind4k!I BHocation OI' accon1ntodation. and. .

recurring, AnaneiaII'nlattcss arednaftj'I'wNi by.SNA'ordsbfac: Houswlg Associatiwvv Iiich acts under, a Managcmc11tj I

Agrcct11ent! m4%m T~

ThclTrjitstccs cc!56rn1!%can I've rckrro1I lt@ g!tali&ulcc contAIncd 111' the 618%{)'&%Mission s' g+1cfat guidanoc wv'

pnMlc bcneftf. when Ncvtemtng! titCChamtjy s 81(11s and Obj~tjtvcs-„-

Ac4iavcn1cnts karing the yI' amlg]Ijtnska~»'tijc. f'utnltc,

'IIiic;na!t. ittconlitrp resources I'or tin:you..merc:. RIO, tt IO aon1!pexxLwith!!net outijqig1!csourccsof X3j473 ii1 the

pgcv19us~pcar, .

RestnIIsbaw oe ate Charity. '.s opeaa@bna:

"II'ho- Qharity:fs":gleaned by the Mewe:dail. 20 J(ILy 1962;"fltis:;Sd&ao~c. itngoses& cexiaini rmtrictrons on tits&&Iav &Cay operations, of the CItani@ as; stiutn5 5elovv.

— T' he area ef. Iknefiii is-sestriciek&tlkarea Of SeBorough of Stn%wxj as ~&siilintkxtl Iron@. Liinc io,'tiinc;. ..

IIcantW 1%189 lN'noi Ibss'-'45ni$IIL&&ears of ay::oui of t»d ch~ and II'am&~in the ladon&&li&of. SM'ordos have -aesided L4erc lk)r net Iksk:::,thzN II% years, paeeekni. the:IMcxclf apgQQNnenCI to»bc: eligible IM

apponttnMllt'

Shecki6nraf. inacstments and syeoiSIl kaves4tzsstt powers

The'+1'earn. s4@es ti'raLsurylus. :cash sI&mld. ..bar invest irt the name of tlee~al. Cusbxkan for Cl)aritics unlhsz

the C%rritty Connnissioners'dlreettothns~c,

Origjtlallp tke Charity had numerous, amaII in&n&been& all 6oserrnnaatisccnsitics& W&eni Staffor&lsiiirc Housijae

Assaeiaki&nitery oven the day: iv~dap rnnniqgef ice Charity, it: vaas ckcidckttlISILklnse investments: be.:aealisedl ansi

the pgqneeds-, reinvest' im C011I'"lissome: Ui)its„whiH)s chanye has::+nets justified bv&Ne dii't'eronce betweenhistomcaIIIcost anal cursant: value:;:;

l hQ CIIIAJttf h88- no plans to: 64angc, tits; c4 18tlnL&, ulvcsldnent gpllctQsg ho&&vcv@v All invcstntcilts!Arc. ,'I lkely 4p 4k

neediRI' to nsauatain& andllimprove the existing Grade I I Listed. Althshonses; isi kM Streel~, 8tafl6rrL

Reset Polka'

TITc @klancc, slleeL' Qf the; (.hhsiLv. dM5 now'inJodt: ke vaiuatiaei of t18:,"4reehoN preperLy': as: paaL @II thc:-

un«essricted fundII. Thc:balhnce on-tII6 unresttIicted funds (iexehml in@ the @@pert@);eiIlf26, 8~'2 (2013& - $10,4I72)represent&S a~@~enL~ to:caver any. unfok&eeta Iia&iiaes,

l'or as' oui Ilel'ral5 e4 the TiestWs~

Mlles~ 4, 8Ãrea

eall. tn llrustees

N'A'VFOR9'&NAfKBLCHA'RIfIKS I

15MPKNBR1%lfl EXAdNIIN K8$8%PORT'I

Iiltttqtlttiatittflt E~luullnelI's Il~ort! N!the:I"ruetx, te; IIf$bNelldllllllituSC'Jllrritlcs1lrcpoaaon! the; accouutsof the Olarity, kn t5c~ya!al! CB&kdl'31IstI 9cecnkcII F'6!lit|", wite:ii arc sct! catt on pages;. 5 Lo!tt5:,

Nespc!et&4.*Ilesponsibilitilcs nf'tllustecs'Butt wewincr'Nlm (kwritly's; tterstle'. 8 are rcspontli51c„ file their!Oparatlion ef'UIC:accounts: TbeChBIIit) 's, "LIIustces considcn thatani ance ismol. reryurcd for this @cur under sceti6n 1144wf tjtclc1tari ties: Act. Pxt4 l (thM'. ll'al! itics A'ct}:amSthaLI an!i1Klc@MdeutI exalninattQR Is needtxL.

It! isI nly„rcspollsi!biiity- toI

elaaululei N5:accounts under s@AAon -14-'i: ell tjtc GlasIttcs AN,tISI fo'U011! the pl!ocedUI!Cs Iat(NNGNNIN1. 61Q@cllera} Difoct!iona glI@31!@~t40 Chalmtv':!LOBIBlissioncrs:. (~undcrI!

Seutton. 14%(5')(b) OF. the tl'.baritics Act, and

tttt'stIate~lctttcr particulhI! Blattel!eh~:con!Ie t!o Iuy attcntien.

QIlsis'efliwtlltlltlendent:examiners Nqlnrti!57jy ' exQnlinattion! vv'as-' caflric4 MI Ill accor6l4BBC" "wit'lr the. GQBexal l3l~ls glvclr 5y'" the: (,tltlrity, 'CQNJBISSI{Xg4%1&Alt esknlIB80o%1 Blcludlsl aj!BCMCIN:+fee accoul18ngI'IISCDI!dsl kept b)» Hxc CIL3fiI+ and'1 8COIBPBIIiSOB Ottl%a. BCCounts Presented with. ttleserecovds .li. alse iBC1LIdcs eIIIISixhratilln ef any unusual iteBIS-OB!disc3 osul!ee! In, W accolultS, and seek4nlg', ex@lanaliolIs frOnr you LI iae TI!Batons, cQBCerll Wg!!an~Be@ Bultters: -Thc-preeIWBcs: undertakcrL do BOL previiitb'aN!lithe evidence @at,.1voIIkti bc-rcqjjmlIlilu aniiaudiit, aml censvquentlly'ne:;opiniOB iilngivenl as to! vA&other!. Ll~ounts pl@sent; 8 'true and fair" vislv'and Nle rcpoI!t. is limited. h»: those:;Inattcrewl. out. ill Sic stat~ bekw. .. ,. .

llldt'. PefK@ntl e3Islnilrcns' stgttcltIAlt!11N CoueectloR Wilth;any exaBlinetionlpLQQlllattt", r..ha8. could to' In/ .attcndeNI

(1) wÃehly'&os mc rcasolreblc cause'ttII bklicvc that in!an!y Blanttriat I!Cspu!IilkRL/kquirenlcnts:::Lu-4op:accounting rcmnls. in!accordaw;c eik sccttbn!!f30~of the!i".14flfitics Acti."~and'I, '

trl Prepare aceountz-~llteltl aceord laity'tIIC aouounting. recoat 8!d colllpty u itiki'51e BCCOuntnlgrcquirentcnts OE t5c-OralliNeS'. ABLltavc. ,not boon mefj er

(2) tttI whiCR„ iu my epiiBOBI atttaltioil S4ouiIIt be dna!B'8 in orden& cITB@k'. BI prepcr understanding, oH,'Lbe:.acooun tR t!oke rcaclledL

A'NDSk%'. PGUNfNEY A C, .I":C6.AGlarte@xl ACCouutuniI

For BBIIon! bcha!lF ef D'cau Sh1thalu (RGMance-:Edlvards'~f6) 1Ltd)!

29 Kinj; St'rcctl

~sttc.-x&lyele.

Rn@cmdskim!c'

%'0l III'Orated, ...I &..t&'. .. W' &

SVA 9lmtoRD~llJIN HT~.D CNARI"NL~'8l l

8 DrlEMEPgll 0F FJ5A5ClAK, A;ClllVf. 'AES'FQg: TRK ViEAgiENINO3gy'Ãl0KCKMSU~II'!29jit'»'

Ulalesketc&d

%awe2NI6

UArcskvic5btS

I'tllltla&

ZIILS'

(ereakttk'de

Ilaiemee

Ot5enChgding acti~ilies;

Iaeenm

lfV'Ilicker CLmgqs

QNCS IBC681IC

@Ii%53

23

26t)

37,(5!I.39'

3'3.'7:

IIAC881C 6Q1niltli+'CStBgfl1S 865

'II'o@a]ilhncome::. 38,339

Exyemgtime.

Ex~are:-oa d&aritaMe:activialaa 37;F)0$' 4P, lion

Toka@Kxygm5ku r0 4P l (5

Nc& g@BR4n IavcstxMIII3 as'@ ?:,'49L

Wet iiiitom&'('0@gndkkure):::i,

%et Nfevzmenit In Funda I.Qi8 It'a (3„473')

Reqoaeihlatiiw of'fumL.

Balaaues: breugbS fum aixh aSiI 3@nu&vy 20ill6 ' 4 IITQ)9:. 42'I,OM

8'elhnees mimic@ feevmrd alj 3f Deecrnber8i2816 42kj41 4, I ~T6(I8"

InS:M~tS-.F 1 8@C@na1assets

bn cstlIneots, -

4')IIIV@7,

26/66

20 l.b'

(restated)::Qf

407;3I37r

24,46&

tL"'W met A'SSlStSl

9Ckt&S-:

Caahl@t'bQBk &id 111 llallcl

l,7673Q 3fl/3

2,(&0I

2'4,26l

43 l,602.

LiabiMw". allronllLs fdhllg dna;::.

britllirlleoa ycalll

3'9,540

2'2s472'

4;.398

ll'eteil~s". IIHss: cnrwentl Illal@litics, 457"tie'" 435,le@'

LiaVifitkS:. amolnlts. Ming dao a&r-nlOrOklalr One'vCaX 55,&788'-

2.','Ril 5' Z„873I'

4-l P';&09:

Flwl&Sl

LJnroskictod Ghrcral. Filnd

lnVCS4@eltI' , K@Ie4';4l9l 41T;60~3

4M%19&.

Apprwed by fbu Trusfsss su rfsbl ". .ill l, .l., ssd sibrfsrbsu lbsir bubuif by:

4 liFA(6

(sigaatase) ji I

Mrs;~C. A, %fra11 ([Namo)."

.. . (Slg11@@M)'I, f

MIr, .tsr

allgifoF11 ((%lllbo)tran

Ckrk &Ats'Irma'

Wte(rl56ltÃ41

NW cask generatedtfroxe

oygIrat!Ing~~ki&&: (7P3$)!! I',9:58I&i

f."Ns@Aowel'Novi invnti~! t e&ltesPurglaosc. of!yropeuty. ; (13.85K)

Wc@5AwvsifFQRL 66MIDAg tl'ctlvklw

Repy~unds:ef boneming;;,

CashvinA~ am new 5arte~ving --(~2,2:II6)

5A.ChangC AACash! NITS 08A7~vhlcats&~

Cash!md Wshicqmmlcnfe'et 1I!3aeoary 20.I 6,'l

9,3 I2

Z4,253

3l;~$33

I attd cask equiiralcntIe at 3'.I Qt.seeder. 201Q 33,373 2A",2(i.l

Is'IM~'@388 URFIVS 68k&ll II:S

NIChVESTQ 'lKK:ACCOliJX1fS IQR' l8FS YEAR EWIIKP 3lSX IKCXMHKRZOI 6':

I, ACCIIaIrtistg PIIliciaS

Tile -$SUovvint& accIMntiisfgi pyliuiIIs 4nve lrcen apy4icd COIsaistusItL!l in dIMng, vrith" itettIS whiduiiafie.COnsidcrcd nn~teriali i' rektieniito the orymisatiOn's'-tllrancial SSatemeIItSt

88si~ Accounting:,Tlic, ~&un'"{&laneikl stateaIents) !lave bco1.. prepared user'the:lliistmical co@ convusIttiok. vvitlii itcnts-mcognised atI cost or tmI acteti value unkess IstltervvisIsistated i' the:asleIIant. ~Icterus) to tlIIIse:accountS;, Tlw. :GnanGIsk statNIIcnts hav~cen prepared In" iaeeo1II}clnQc 451 t45 SBtcInNIt ot Rc@3InlNendLxk Pfactfcg;. .Aseont ting andI Reporting~. ljy 01axities prcpariug their accousts: iniacmr11IaIIce 1viilI ihe Finance Reporti'ntI, ;-

Stand411d apphcable in. the41RIandi R+uklic: ef kelltndI(+RS Ill02'j issued oni Ii& inly 20 l 4 and. kc Fina1IctalMpor6ag;:Standardl applkabf5:ii1i ihHlhIited Kfnt;dtInI aaII RkpulHiefal!:lre! and (FRS 10Z).:and the GitaIiitim-Ast 2OIllll. .

The tIIustcos consider thWQhmio al'e no:lllaterial unccxQintiosI abner, ', tille tI'.Naris's a5ilit$ 90~contiIIue as:: a'6@1Bg' COIleerill

incomeAll incQBnng rcsouIIces asi .'LnclIIKkxj Inly tl1e SOVAi vrhcfisthc Chafit+ is'4+'lip eIItitilcfl'Ifo: thc: Irfconle and tile:,aIllontlt. can be qUBQti fledlIQkt4ufk8soI fa bib: accuf ac/. '.

RVIItstrcceivablk and diivideod ineo1ue have b'ccn aecounbxlllbr onieafi aecrrtah"bmis. AH oiled inconIC is.takcIr wttoaccount om k5c+IIsis'efiidue dtI@ for payment::::

KxfwuKIIIiIIlrc:

Lia514tics: are. reco~~sedl as exycndit@Ie as seenas there is; a. I~lI5ti COIIstruekiive obiligatioff cfInueittiiItl„81e ch4IILLQ t9 t4ktl: cxP@n61Itiftre» Iti ls". PP@ab'le: that Settl5tRM'OivNll Ii@Q'qINf(xkuId ' thG'. a IIIccuIt oi 655PatI &8 .carr: Q IIIeasIIred! relkably;-.

A4 exyitatditure. xs, accountmtt f@Il oI1 an i aCCruals basis: All cxyca1Sea iiieiludioga upper tticosts andi gmverinaIrm:eosS are allocated Iiir apyaltieaed tc tQL applieabk oxpmtditure hc+Qilgk.

VIIrcdikssctx IIIv(~enlis"lnvestnIents- are'. a Fortrt of'basio fInaIIoiak instIiuntcnt)aIrd are ini69I)NIecogiIiscd aii tbciII transactiwlnfaluc:and sultbeslnentg nkeasuAttkat'&elf Slr'ivakucgI8 atiitllc", balan(M'isllestfiitte"using!itic clos~~.;quotedintafk@t.y@ieo. 181e statenICIIt. of ~al ae&ities inicl~.-tk6 nett gains- snd losses arisint, oni revalbatiriu and.di8pcsAls- t&fougkxIt 81e%oaf;

T11CTl'Il8t, docs not acqUiIie!'put. opkon5", {kYivativcs or'QtkeII conlpkx 6naIlciak instr UnÃ4lts:. .

lm Wments'. asc:valued Sly $01F.Charity, Punchy

S'lb''A)88 lIML'L&O CHA'RUIIES

& 5:rl'6!lf HIE ACICO%f N'f MW)R'lTHE iI'EARt K5M 0:3l%%I8KCRMSL&RZtN1 6",

Ain&d keuaasantmag

Gemall fiaads aaiei uau&estrictiadllfunds~;sa&hich. are asaitkblc tiar usa stlithc discretion of & triist~::-m

Srtlaeaiaaasc:ofUm general o5]uetavm: of Ith'0 Chasito& and wha@kIave& mat, been des&~ le&a«o'er purps&sus. -

lInv~at i»conan audtgaiiasiam in ro of uarestri~ fun& a»d as&such& ttac CIhacitlt haas transkrrcsl thc:-

raavatuaticin& sauiplks i»tan the ~a&eral. fauad account&& Dcsitlttaateam Lads, eoanyrisa una&mtrii~d. .funds: HaatI hawe-

lkMu set, asadc bJJ&tllc: tI@ls@Rs for.partaeu&lkrt pur&p&csea'„Tata iuna& and 'IN%.'Qf caela duan~tcxkIfiIan'd is set outI a&a&a&

the. notus. ie the Hinanciaall stIateimants. Restricted ftun ase f«anile&vvhic5illamito::bar, .usc4 iaa&iaccordanac Mk.

sycrai8c& ~taaI&ns iinyos&a4'lay donoss, m vvhiclr ha~. e lkbn. raised 444k Claaaiitv. Ibr a par6cail(ar pyvpose .

'lthe cs&slI ItaS'I raisiaag and adkimstcsing, bounds aaiaa&har&acdI@gainas tits fix 6'anal Tlab .nina«and use o8 caclt'&-

rWrict&gl fiind is set out iaa«if' tacteul-iriithe 6uanciat sNat&euaents'.

ll'naactiinak Asscta

%ha ShxkoM proper&: is- iiaakuded' at. ai deenaoal cost. of iQ value:aF:, @I,tltaa. taiansitioaail date folloxvAng& t4;aglopkoni&oE&FRSI-(02'.

9eyrec&iation is ekaq~od on: thckataldiag, elm»cntI at 2/a«pmr aanmna on&a«stinight linc. basis,

Reaabse4 gains and losses

A'lloliaas arid 16sses aiie: takeaa us Ac. Stttternent. ef iPinancial &Iiae6vi6eem&hcy asia. Realised gyins and

ltassss oar invcstsaaeutta, arc calcul@M as;die-de'dance between& salespaexiL~~aiad. their opclaang Qaripinp„.

va9uc;omtlaeir purchase valtie ilt&Iacrluia&aad 4ubsequentIIto tie first

Idaho',

uf ttac 6nanciak peaai, 95rcahmlgaiias

and kisRc&Mc ca/cadat&ed as&cxlllkrcncc. bet%con t4c Sar vslucaat tlk'!par:end Bilk IR4u"carr&i'aiL~' value.',

Realisedl ami. uuiaeakised iiwestxtaatiitgains;and lossiissarc iarunli&incd in tM!Stataa»acaa&t &of Finaieial Activit'aes:.

Gaiantlv'

&ants in »cspeed of cayitt&alIItxycedittine arc treatek as~kinciI&iaas&aaadlanciciiaaditcd to tlkprolaLand ltass

aciaoaaaat. &over the cstinaated. xascfnll llafc.oS the: assetsa to mlitt:h tSey iidktc. ..;.

2P Rtto&JIlncnaaae'-

Rcaats kkceivabke:

Veids-.

43,462::

(I(iPNI):

37,08'ill

X; fnzuaaas. &nm llnv~eaats

Bhuk&Rt ta&rcst

Devi, RIAL rcccavaMp» &Onlliiln~aelats, ii-

9%i

S':Vhk KNIT NAITKN CHARfVi. Ill!

MKlKS TAXHE ACCOSIII!1'VSlIOR THE YEARXWQKQ!3'IS f 'OKCl3%8@k2IN6

4. ,1I:xpan4tare an CILarifabkL&etlioitiasv~i

Cree!s directly Alocabd t4 ant&ficskeats

2{H5('n~tcdII,

1'(Ital

Amrfkn. .11nsts

Salhry.ElccQHcfiY .Tel+\One: %'al5fL

CennciII%'ax

T1annng»;

f'rc1m saba*.

Nch& anal Light~

%at@H5hies:.

51snflagcc-'

CouocilIIf ax.

MQUItc1%%1ce RePairs»

Major:repai. rs,

O~.xxlcniaaOthlm! Kgzcnse n

M E,uicnccs,

CSrkw Noncrariunz and &ypmscs:

Ueprneiatir)n Charge.

6rantmnorbsarten.

Bad dbbhv:

4~,!051

2",l 3.1

987.

1,608'

2,"102.

IIP73

(954)@~VAN%:

27III000i t

.'1@70 '

(i60);

+II3 l

2'„"B1

9.87'

1IIII0$-:

2:;:I02':

LlrlIT3':

(454)

4,7.93'

601.

27'

I[IN)0!

S~l$70'

(68)

4,296Z,U.V, l-

II,09)120'

1I,ZST:.

I,847.'

2/512,l72'

2„061)i

7,7'II4I

264

O'Hl

I,orlrr

5,5I7&k

(69)98 ll

%~nsl~ aHoeat&l N~t@%ties

SIraN'Ordahim Hdosiog, -

Acceumtmh Charges'

1ts Weli'ane

A&1ah011~h Suba

$@NJ534

Ilhhg $f)

IIIQlE

240.

2rrz

3;4'

7,'$98

762

240ll70

4')

37h,%N&) 3:7h958 42', .ll(I5

11

Sa4ry, ;

IKt~rs: National insurance:C~oatriiiiittions

4,(i5I

4,05 I

Xo en~ycc: can~mt tnore. tltatadl60, 0'~-aaawu

7hc average san~bern ef 6ik56nmequivalent employees (jiocllok~~msaali aad. .part tiarcsiaP): dtxring. tll'o year%'a8:N1~lp asl&IIOWK

GkÃttAklc:actJva LMs~ --vfaackxl. . .

6''8'ikekl~te

C,"est.

Brog@~ardAdktiims. „

VrachoiN Iwrtl'

and 8tININkgs

(;rcwlhtlLd)"

4lI II,(ail:

As-. at 3 II Skaember 20 I'6 4 I 8,$)W'

IIkptlMC48tsOW

9ro~&dt. forward

CharLe Qt ycaaiI0,863:

S,$7,9

As at3III Hkxeaber 29i'6 ~ l6'.435

~Bmk Value

Att Il Jaouary 3)16 4Ã;3 37

Aa at3!1 9eoen&er 2(k.l6~ 4ttji, )67:

TBc Aeehoid ye~ is -iscladed a0. ,e;deeraed, eostt o6its value as|~& Ne taansition 4k, . I'ollbwiog, ~6eadbption ef I.M I 02. .

77«Pixel Assei Investments':

INvcstlQc4lts llstud. on a ~Ised sfggk exchange"

21II6

&k

Mask% value I st. Janrtavy 20|II6:r

Additieus

Dispesa4

koatmeakoss onisake of inwstn&ents:-

Net unrmd4ied imvestmeatt@jhs/(losses)::: 2",49I

24; II66

M'irketWhtuc 3!1st Qeuemtbcni28I&i 24;4)1.

ISstas'K all ICost .at~ 34It Q~mler-2Nk tlo)~le: I tl,':tI35

AHI investments are carried. at!iN&eiu fairer v«1ue. .;llhvestnwmt iin equibes~sntd. .fueedllinIrnosttlseeumties: aro::ail.tided. ie qnotedl pnIWke m~ psiii@wiky the. London' Stoekl ExcIILantte, . Hain~- inreoniaton ihvesttnnutIIAindh;' -uniIIi trusts and. .os@Iinves@nenLi eon&panies' are;;at the bQ price" Tl)e basis ol' Itsir valuo;. forquote% investments. " is, ;equivalent to th5 market vatue, wing allo bidlce. Asset sales andi purchases are. :&eeognisedtlat, tke..date of: tradt. " at cost'(that is itin tk ansaetiorrwa1tue)l

TItc GII'cuit' is; nol remind oEIlt tj)e:1nuon1c Ir081 itswlvcstnlcnts tc:nleetlnts o&jccttwUS;i and ls-. therefor@: uutt

evposed Mnny additional riiske associated vvik those tvpcs oE iiwestmemts.

HH&':.

A' t.ernotI Ntteomu:

Rent

Invmttnent. [uterestI

5'epayeentc:Insurance

%ster R@m

ONer

I.$24 ll, lltÃ2I

886i

Mi22I'

lliI7'67 2,601

9.. Nebili5e': Arnozwts: Mi~~@k within erte ega@ 20.15(r~ec(%II

Othes Ckr'IMi0ovm

Rontt

lpga'xatioaim&d Social Sprit'y:IIIaar

kl,F322'03

3,6II5

3;41Ni

23@

2,2kl5

Aeeruxlk!ts

AccoBntants Fcc:Htk:at a@dILipht ate'

Ckurrcil! kktor.

Other.

C4nversioai ~rkks and r~

pig4Q„';

I„93$:67'

96..

75%i.

2I6218'23'1

15;18$

6',:fj41 22",47'X

N).'L,iabi%6&:ArOMWIS llttllHlggl W" Sfk%li IlloÃC 15MWll6i' /car

I 5:,.$0kk

M&erig of debtIa otMrycmiior Res, , or on dkbtand. - soc:;eott: 9Hct9f@N I Gsc and! 6vo pcMs::

8'cjMoni~ m4hve. :yoars

I n five years or moro;

3.',6$53',68$

IIIV,0~7"

IIII,046:

ZJ.479-''' 17j723

1%1@loaaulscatcrcst franc;.

3Nifll

3;(NO

26'48!::.

3l,W0-'-':

Asser tlsntioeAt 1 Jajuesoy 2.016Eredi@9lko Stateaxent oflPiinnmi4AWvkim

Netsbalaucc alan 3-'ll K?ccemb6mNH 6i i 2',SiV.'3

S,danae8%'..'

Piriier M~cnti in-Skemroas

Veaa Incoming Cutgi5ing

AAggkfnc94 t

f!!

Transfer.

'rSalttnca;

C/8'

6Cacl al VUlll1

law+ LamnL. Reserve

432'PSV,"

(t14l,908) 10,410 28g419

432',547.'

(iL4lP308) 10lgl(»~

13~88/8df6$6lt

The ch@aitmblc Lrnst. is;, a registered:charily ani is not. Lhcrcltmo lia@C.".to: LaxaLke, . as ii': i@Us wiAih Lke:

varioo@ ~Licns, availa5f5 t6:mgisiqml clmrigcs,

14 WFns4:0'. ~w:nMN and Rcknkaafa6ana

56eTiia~ rccciivcd. .any rcneumcratieai~or c~pcases iw respect:of" scrnaas as, Lws@c. duriiig. ;Llew@ @vs (~20', l 0-nil)i

S'NAAI0148 tltXA I;0 CNAfÃI'IIES

5 i1IXS-TOPHIE ACCMIMfSiFiOR THE'YEAR. K5M4) 31M DERKMB KR 2916

158l8ccoxsniliistion of nett mioiiso~nt iit f6wb to, acti aaShrftoa. fÃotuiopgytting activities

2Wcii

Nct move&ncntI ia funds

Ekprccisition chargeGrant Rtn18Etlsa titon

Losses/(%eius) en invcshncnts;":

PCCrcaw/(ImcIic3sc)I ie gktdrS;;

1hc~(Bccrcasc); ie cnmkbns

Net elk gcncrntetk frereeperatiigmtivitics (Z,t33+; 119,580'i

16@Itriior Year Acgustmentat

Suritq~@e preparation of tliI."yea @&A'accounts it.vsas'. ictcntiScd thatwainvcicc fear ccnvcmon costs andJI

vclpirs 14&d been cmiNxLJremi@e, 2(115 aeccunts, This and thgassociatM (+ncciationrhas Scen car~tltIs QQds RM llas- rcsultcdl iHI aliiilccnsasc tc Sc j~lcraU1INl nfl'Sl 4IIPAl:; .'