b'CHP financial statements 2020/2021Financial statementsConsolidated statement of comprehensive incomeCompany statement of comprehensive income2020/2021 2019/20202020/2021 2019/2020 Note 000 000 Note 000 000Turnover 3 67,603 66,078 Turnover 3 67,118 65,606Cost of sales 3 (6,756) (6,862) Cost of sales 3 (6,756) (6,862)Operating expenditure 3 (42,075) (43,977) Operating expenditure 3 (42,043) (42,848)Gain on disposal of property, plant and equipment (fixed assets) 6 2,641 925 Gain on disposal of property, plant and equipment (fixed assets) 6 2,641 925Operating surplus 21,413 16,164 Operating surplus 20,960 16,821Interest receivable 7 12 136 Gift Aid 6 458 828Interest and financing costs 8 (17,009) (17,248) Interest receivable 7 34 138Other finance costs 28 (319) (323) Interest and financing costs 8 (17,009) (17,248)Movement in fair value of investment properties 14 238 96 Other finance costs 28 (319) (323)Movement in fair value of financial instruments 1,052 (2,586) Movement in fair value of investment properties 14 238 96Surplus/(Deficit) before tax5,387 (3,761) Movement in fair value of financial instruments 1,052 (2,586)Taxation 11 - - Surplus/(Deficit) before tax 5,414 (2,274)Surplus/(Deficit) for the financial year 5,387 (3,761) Taxation 11 - -Remeasurement of the net defined benefit pension liability 28 (6,196) 2,306 Surplus/(Deficit) for the financial year 5,414 (2,274)Gains/(losses) recognised on cashflow hedges 14,609 (6,670) Remeasurement of the net defined benefit pension liability 28 (6,196) 2,306Total comprehensive income for the year 13,800 (8,125) Gains/(losses) recognised on cashflow hedges 14,609 (6,670)Total comprehensive income for the year 13,827 (6,638)The above results relate wholly to continuing activities. The accompanying notes form part of these financial statements.The above results relate wholly to continuing activities. The accompanying notes form part of these financial statements. The financial statements were authorised and approved by the Board on 28 July 2021 and signed on its behalf by:The financial statements were authorised and approved by the Board on 28 July 2021 and signed on its behalf by: Nicola Sawford Neil FisherLouisa LoizouNicola Sawford Neil FisherLouisa Loizou Chair Vice Chair Company SecretaryChair Vice Chair Company Secretary 40 41'