REGISTERED COMPANY NUMBER: 04149483 (England and Wales)

REGISTERED CHARITY NUMBER: 1085503

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31st March 2025

for

VANBRUGH COMMUNITY ASSOCIATION

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

to

9

Cash Flow Statement

10

Notes to the Cash Flow Statement

11

Notes to the Financial Statements

12

to

17

The VCA trustees, who are the directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 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 102.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of Vanbrugh Community Association are: 'to promote the benefit of the inhabitants of the London Borough of Greenwich and especially the Blackheath, Westcombe and adjoining wards by furthering their education, social welfare and leisure opportunities as a means of improving their quality of life, and specifically by managing a community venue to provide a base for activities which will help achieve those objectives'.

Main activities for public benefit

There are 59 groups who are affiliated to or are Private Members of the VCA The activities of the groups fit largely within the categories of Health & Wellbeing, Arts and Culture and Children and Education. The range of activities provided includes physical exercise, mental health, visual arts, music, singing, nature and conservation, dance, senior citizen activities, local history, science appreciation, judo, martial arts, weight control, acting and theatre skills, languages, and healing. The house also provides facilities for a children's pre-school nursery and creative education, hosts meetings, training sessions and conferences for professional organisations, provides classroom facilities for international schools and space for the RBG & NHS Social Services family contact sessions, counselling, and mental health support services, as well as being a Polling Station in National and Local Elections. There are two community organisations which have offices in the house and there are two artists in residence. In addition, the VCA organises its own programme of cultural events which include live music, theatre and visual arts, fairs, and talks.

Our now well-established and impactful Reach Out Project works to tackle and reduce social isolation, inequality, and supports diversity in our local community through offering wellbeing, social activities, support and access to services.

The VCA is also a partner in the Friends of Mycenae Gardens and their annual Parksfest event and the Westcombe Society's various fundraising events, including the MacMillan Coffee Morning.

Mycenae House has a licensed café bar for the use of user groups and visitors, with free Wi-Fi.

How our activities deliver Social value

When accepting bookings and planning activities at the Centre, we strive to comply with the VCA's mission, it's social value commitments and requirements in accordance the Service Level Agreement with the Royal Borough of Greenwich, Section 4 of the Charities Act 2016 and the guidance issued by the Charity Commission on Social Value.

The general principles that we adhere to are:

- Affiliated group activities and other regular hirers must provide a clear public benefit which gives a social, educational, health and/or wellbeing benefit to participating residents of the Ward and the Borough.

- Private Members hire activities must also create a public benefit and make a positive contribution to the finances of the Centre.

- Provide low cost, suitable and accessible spaces and resources for community development and social needs.

- Aim to develop accessible popular events and social opportunities for the benefit of residents of the Ward and the Borough, particularly the socially excluded and vulnerable communities.

- The VCA/Mycenae House are signatories of and committed to the principles of the Royal Borough of Greenwich's Equality and Equity Charter.

ACHIEVEMENT AND PERFORMANCE

Achievement & performance

The operational and financial year of 2024/25 has centred around a consolidation and re-adjustment to new social, economic and political landscape and in the post Covid world.. Its has also we one of resetting the strategic aims and the ambitions of the organisation to reflect the new post Covid and Cost of Living challenges.

The key factors affecting the year are: -

1. Continued recovering from the effects of the Covid and Cost of Living Crises

2. Rebuilding the customer base and community confidence

3. Reacting to and rebuilding a smaller customer and income base

4. Adapting to the massive cost of Utilities (Gas Electric. & Water) and increase in the cost of goods.

5. We still have a viable business with strong demand from the community/public.

Our Reach Out Project is a targeted programme to tackle social isolation and the vulnerable and disadvantaged amongst our community. The demand for these services has grown dramatically since the Covid lockdown. Our programme relies on partnership working with external specialists which present a challenge as many partners are reducing their activity.

We are actively seeking more financial support to meet the demand.

The Café bar has remained a vibrant and resilient part of the organisation, with income remaining strong despite major increases in costs from suppliers. We Increased our prices by as much as to 5% during this time.

Our own and partnership-based arts and cultural programme has continued at a reasonable level but with slightly smaller audiences over the last 3 year. We have operated with an acute lower risk-taking approach. The number of partners has got smaller but over the last few months there is a trend for audiences returning to events in larger numbers.

The staff team have remained positive and committed during this time and faced head on the many challenges. It is a source of pride that collectively we provide a very warm, welcoming, and supporting environment to all. The staff numbers have remained consistent, and we are pleased not to have had to make any staff redundant.

Operationally, administratively, and promotionally we have maintained a 'service as usual' atmosphere which has been warmly welcomed by others. All marketing and promotional activities have continued as normal.

Management and administration

We have maintained an effective operation with regular board meetings, made quorate with the help of Zoom's online services to help everyone attend. The support for staff and organisation by the board has been very welcome. The administrative and financial operations have remained fully functional with close attention being paid by staff to the future bookings, cashflow and financial management. It has remains difficult to plan with any confidence for longer term operations, due to fluctuating and twitchy external circumstances.

Maintenance, repairs and improvements

We continued to maintain the infrastructure and fabric of the inside of the centre as required by our Tenancy at Will contract with RBG. The outside of the building is the responsibility of RBG who have limited resources to maintain it. We from time to time to undertake maintenance on the outside of the building, for example repair to sash windows and external fire escape which present major health and safety threats to users and visitors.

FINANCIAL REVIEW

Reserves policy

The policy of the VCA is to hold financial reserves that, at minimum, are equivalent to the total operating costs of Mycenae House for a period of six months. For the year to March 2022 the Trustees considered that the appropriate level for the reserve was £150,000; this figure is reviewed on an annual basis.

The risks covered by the reserve have been identified as:

- the loss/reduction of core funding from the Royal Borough of Greenwich and

- a reduction in Centre usage resulting in loss of income.

- the Santander account is currently locked due to the deposit mandate being inoperable after all original signators being ill or deceased. Currently the manager is actively working with Santander to resolve the issue.

In addition, we continue to hold a Capital Works Reserve Fund to cover the anticipated cost of future major improvements, we will seek to undertake to Mycenae. The main component of this programme will be the installation of a passenger lift to provide easy access to all floors of the building for all our users, visitors, and staff.

Investment policy and objectives

The Trustees continue to take the view that bank deposits, savings bonds and building society savings accounts best meet the need for securing some return on our financial reserves for a minimum of risk. In these uncertain times the income from investments and interest has reduced to being largely negligible and this strategy is under constant review.

Overall position

The organisation experienced another non-typical financial year, largely because of the continued challenges of current social, political and financial environment post Covid, the cost of living crisis and their associated financial effects.

The business turnover increased from £459,736 in 2023/24 to £489,790 in 2024/25.

The costs of delivering services increased from £467,785 in the previous fiscal year to £496,126 in 2024/25.

Room and Hall hire increased from £277,211 to £297,525.

The income from Café/Bar sales increased from £142,136 to £148,696.

The balance between our income and expenditure for 2024/25 was a deficit of £7,423. This sadly includes a £4,706 write off for a bad debt from a user group which no longer uses our facilities.

This represents a loss, but an improvement from 2023/24 which was a deficit of £8,049.

Our General reserve stands at a total of £157,053.

Whilst this is a disappointing outcome for any normal yearly operation, we feel it is a result of continued external circumstances, and which are modest under the circumstances. Our aim is to return the organisation back to full viability by next year and we feel this is achievable.

Principal sources of income

The VCA receives core funding from the Royal Borough of Greenwich and occupies Mycenae House Community Centre, rent free under a Tenancy at Will lease from them.

Further income is produced from room rental to user groups, commercial hirers and from private functions such as weddings and birthday parties. Income is also produced from sales in the café bar facilities. In-kind funding is welcomed and is received from various sources.

The organisation applies for project funding from various sources on a project-by-project basis from Trusts, Foundations, Government sources and through general fundraising.

FUTURE PLANS

For the future our plans include: -

- To plan for Recovery, Resilience and Sustainability in a new environment which we believe will prevail for several years yet.

- We aim to be able to draw up an ambitious, full blown business plans covering the 2025 - 2028 period. Until the board are confident to do so we will generate plans on a year-by-year basis.

- We will develop and strengthen our work in the areas of Social Isolation & Equality for Vulnerable and Disadvantaged community members through the Reach Out Project model.

- We will continue to develop strong and supportive partnerships with other organisations to deliver our work.

- Undertaking more direct fundraising, particularly with trusts and foundations, to support our programme and our building development objectives.

- We aim to better support our staff through training and role development.

- We aim to deliver the installation of the long-needed lift given the generous financial support from the Greenwich Neighbourhood Growth Fund (GNGF).

- We will continue our negotiations with Royal Borough of Greenwich for a long lease for the Mycenae House building which will give us security.

- We will consolidate the great work and support of the trustees they have provided the staff and organisation through difficult times.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Vanbrugh Community Association (VCA) is a charitable company limited by guarantee which was incorporated on 29th January 2001. VCA was originally registered as a charity on 29th November 1994 and was re-registered, after its incorporation, on 12th March 2001. The incorporated VCA was established under a Memorandum and Articles of Association which set its objects and powers and is governed under its Articles of Association. In the event of VCA being wound up members are required to contribute an amount not exceeding £1.

Recruitment and appointment of Management Committee

Our Board of Trustees consists of not more than 12 members who are elected at the Annual General Meeting from nominations submitted by the Members of the VCA. If there are vacancies on the Board, members can be co-opted at any time during the year but must retire at the next Annual General Meeting. In accordance with the requirements of the

Memorandum and Articles of Association, one-third of the elected members of the Board retire at every Annual General Meeting. The members who retire are those who have been longest in office since their last election. In addition, at every Annual General Meeting, all co-opted members of the Board must retire. All Committee members who retire are eligible (subject to nomination) to re-election.

All members of the Board give their time voluntarily and receive no benefits.

Governance and management

The Board meets every two months on the third Tuesday of the month and is responsible for deciding the strategic direction and policy of the VCA. The Executive Director is responsible for the day to day running of Mycenae House and the implementation of Board decisions. Each month the treasurer and executive director meet to discuss the financial results and any other finance related issues.

Trustee induction and training

All new Trustees are introduced after having had an interview and informal meeting with the Chair. They are invited to observe a trustee meeting before being co-opted and/or formally voted on to the committee. They are then given an induction pack of information containing key policies, advice and roles and responsibilities.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04149483 (England and Wales)

Registered Charity number

1085503

Registered office

Mycenae House

90 Mycenae Road

Blackheath

London

SE3 7SE

Trustees

J Stephenson - Chair

R Whitehouse - Treasurer

P Dixon

R Allen

H Sanghara

R Patenall

J Thomas

L Durrant

M Spence

M Willtshire (appointed 12.11.24)

M Aldridge (appointed 12.11.24)

M Brown (co-opted)

Independent Examiner

MastersFuller

Chartered Certified Accountants

38 Salisbury Road

Worthing

West Sussex

BN11 1RD

Bankers

Barclays Bank plc.

The physical branch service which previously provided at Westcombe Park, is now closed.

Business Banking is available online at www.barclays.co.uk and via telephone banking.

Executive Director

Mark Johnson-Brown

Website

www.mycenaehouse.co.uk

The Trustees and Executive Director recognise the importance and brilliance of the work of the staff to make Mycenae House thrive. Their exceptional commitment, hard work, flexibility, and diligence throughout the year to support and help Mycenae House to survive the significant challenges thrown at it. Also a huge thanks to the communities of the area who's support and belief in our work provides daily inspiration to the team.

The trustees would also like to thank the Royal Borough of Greenwich for their support and to other partners for their extraordinary support during this time.

Approved by order of the Board of Trustees on 11th September 2025 and signed on its behalf by:

J Stephenson - Trustee

Independent examiner's report to the trustees of Vanbrugh Community Association ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

I M Walker FCCA

MastersFuller

38 Salisbury Road

Worthing

West Sussex

BN11 1RD

11th September 2025

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

8,552

-

8,552

10,622

Charitable activities

5

Hall & room rental

297,525

-

297,525

277,211

Grants

18,257

-

18,257

14,627

Other trading activities

3

160,457

-

160,457

149,354

Investment income

4

8,618

-

8,618

7,922

Total

493,409

-

493,409

459,736

EXPENDITURE ON

Raising funds

6

149,069

-

149,069

129,354

Charitable activities

Licenced bar

-

-

-

(28,577

)

Centre running expenses

351,763

-

351,763

367,008

Total

500,832

-

500,832

467,785

NET INCOME/(EXPENDITURE)

(7,423

)

-

(7,423

)

(8,049

)

Transfers between funds

15

488

(488

)

-

-

Net movement in funds

(6,935

)

(488

)

(7,423

)

(8,049

)

RECONCILIATION OF FUNDS

Total funds brought forward

322,724

202,160

524,884

532,933

TOTAL FUNDS CARRIED FORWARD

315,789

201,672

517,461

524,884

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

10

51,732

-

51,732

55,342

CURRENT ASSETS

Stocks

11

5,317

-

5,317

3,788

Debtors

12

18,950

-

18,950

27,102

Investments

13

53,134

-

53,134

53,134

Cash at bank and in hand

206,567

201,672

408,239

406,322

283,968

201,672

485,640

490,346

CREDITORS

Amounts falling due within one year

14

(19,911

)

-

(19,911

)

(20,804

)

NET CURRENT ASSETS

264,057

201,672

465,729

469,542

TOTAL ASSETS LESS CURRENT LIABILITIES

315,789

201,672

517,461

524,884

NET ASSETS

315,789

201,672

517,461

524,884

FUNDS

15

Unrestricted funds

315,789

322,724

Restricted funds

201,672

202,160

TOTAL FUNDS

517,461

524,884

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 11th September 2025 and were signed on its behalf by:

R Whitehouse - Trustee

Cash flows from operating activities

Cash generated from operations

1

5,207

(2,161

)

Net cash provided by/(used in) operating activities

5,207

(2,161

)

Cash flows from investing activities

Purchase of tangible fixed assets

(11,908

)

(21,700

)

Interest received

8,618

7,922

Net cash used in investing activities

(3,290

)

(13,778

)

Change in cash and cash equivalents in the reporting period

1,917

(15,939

)

Cash and cash equivalents at the beginning of the reporting period

406,322

422,261

Cash and cash equivalents at the end of the reporting period

408,239

406,322

1.	RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025

2024

£

£

Net expenditure for the reporting period (as per the Statement of Financial Activities)

(7,423

)

(8,049

)

Adjustments for:

Depreciation charges

15,518

13,381

Interest received

(8,618

)

(7,922

)

(Increase)/decrease in stocks

(1,529

)

1,000

Decrease in debtors

8,152

2,811

Decrease in creditors

(893

)

(3,382

)

Net cash provided by/(used in) operations

5,207

(2,161

)

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank and in hand

406,322

1,917

408,239

Less: Deposits treated as

liquid resources

(85,460

)

-

(85,460

)

320,862

1,917

322,779

Liquid resources

Deposits included in cash

85,460

-

85,460

Current asset investments

53,134

-

53,134

138,594

-

138,594

Total

459,456

1,917

461,373

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Tangible fixed assets

Fixed assets are stated at cost less accumulated depreciation. The costs of minor additions below £1,000 are not capitalised and are included in the SOFA.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fitting & equipment - 20% on cost

Long leasehold - 5% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	DONATIONS AND LEGACIES

2025

2024

£

£

Membership subscriptions

3,797

3,797

Fundraising & donations

4,755

6,825

8,552

10,622

3.	OTHER TRADING ACTIVITIES

2025

2024

£

£

Bar

148,696

142,136

Events

7,406

3,093

Advertising

4,355

4,125

160,457

149,354

4.	INVESTMENT INCOME

2025

2024

£

£

Deposit account interest

8,618

7,922

5.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Activity

£

£

Hall & room hire

Hall & room rental

297,525

277,211

Royal Borough of Greenwich

Grants

11,650

10,482

Reach Out grant

Grants

6,607

4,145

315,782

291,838

Grants received, included in the above, are as follows:

2025

2024

£

£

Service level agreement

11,650

10,482

6.	RAISING FUNDS

Other trading activities

2025

2024

£

£

Purchases

69,744

65,608

Staff costs

79,325

63,746

149,069

129,354

7.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

15,518

13,381

8.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2025 nor for the year ended 31st March 2024.

9.	STAFF COSTS

2025

2024

£

£

Wages and salaries

293,875

250,320

Social security costs

17,178

15,480

Other pension costs

5,336

4,634

316,389

270,434

The average monthly number of employees during the year was as follows:

2025

2024

Bar staff

5

3

House supervisors

5

4

Administration

4

4

Project manager

1

1

15

12

No employees received emoluments in excess of £60,000.

10.	TANGIBLE FIXED ASSETS

Fixtures,

Long

fittings

leasehold

& equipment

Totals

£

£

£

COST

At 1st April 2024

30,590

167,945

198,535

Additions

488

11,420

11,908

At 31st March 2025

31,078

179,365

210,443

DEPRECIATION

At 1st April 2024

3,423

139,770

143,193

Charge for year

-

15,518

15,518

At 31st March 2025

3,423

155,288

158,711

NET BOOK VALUE

At 31st March 2025

27,655

24,077

51,732

At 31st March 2024

27,167

28,175

55,342

11.

STOCKS

2025

2024

£

£

Stocks

5,317

3,788

12.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,844

27,057

Prepayments

106

45

18,950

27,102

13.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Fixed term bonds

53,134

53,134

14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,105

5,664

VAT

2,444

1,989

Accrued expenses

11,362

13,151

19,911

20,804

15.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1.4.24

in funds

funds

31.3.25

£

£

£

£

Unrestricted funds

General fund

163,988

(7,423

)

488

157,053

Capital Works Reserve fund

158,736

-

-

158,736

322,724

(7,423

)

488

315,789

Restricted funds

GNGF Development fund

202,160

-

(488

)

201,672

TOTAL FUNDS

524,884

(7,423

)

-

517,461

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

493,409

(500,832

)

(7,423

)

TOTAL FUNDS

493,409

(500,832

)

(7,423

)

Comparatives for movement in funds

Net

Transfers

movement

between

At

At 1.4.23

in funds

funds

31.3.24

£

£

£

£

Unrestricted funds

General fund

164,267

(8,049

)

7,770

163,988

Capital Works Reserve fund

158,736

-

-

158,736

323,003

(8,049

)

7,770

322,724

Restricted funds

GNGF Development fund

209,930

-

(7,770

)

202,160

TOTAL FUNDS

532,933

(8,049

)

-

524,884