Our Annual Report - YouthNet
Our Annual Report - YouthNet
Our Annual Report - YouthNet
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Notes to the financial statements Year to 30 June 2012<br />
14 Lease commitments<br />
At 30 June 20122 the charityy had annual commitments under operating leases, as set out<br />
below:<br />
Land and<br />
2012<br />
£<br />
buildings<br />
2011<br />
£<br />
Other<br />
2012<br />
£<br />
2011<br />
£<br />
Operating leases which expire within:<br />
. one<br />
to two years<br />
. two<br />
to five years<br />
128,980<br />
—<br />
128,980<br />
—<br />
7,845<br />
3,780<br />
—<br />
2,690<br />
15 Liability of members<br />
<strong>YouthNet</strong> is a company c limited by guarantee and has no share capital. In the<br />
event of the<br />
company being wound up the liability of<br />
the members is limited to £1 each.<br />
37