2023-03-31-accounts - Remar Association (UK)

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			Page
Report of the	Trustees
Report of the	Independent Auditors
Consolidated	Statement of Financial	Activities	13
Consolidated	Balance Sheet		14
Company Balance Sheet			15
Consolidated	Cash Flow Statement		16
Notes to the	Consolidated Cash Flow	Statement	17
Notes to the	Financial Statements		18
Detailed Statement of Flnandal Activities			35

for the Year Ended 3	1March	2023
				Unrestricted	Restricted	Total funds	Total funds
				fund	fund	2023	2022
			Notes	E	E	E	E
INCOME AND ENDOWMENTS		FROM
Donations and legades				73,176	15,500	88,676	161,424
Charitable activities Investments Other				836,840 750		836,840 750	1,073,565 915 ~6
Total					I5 500
EXPENDITURE ON
Raising funds
Charitable activities
Resettlement and Care	Expenditure			187,559	15,500	203,059	306,036
Donations to Other Drganlsatlons Primary Purpose Trading costs				91,770 ~09781		91,770 ZQ997I1	131,350 ~73 719
Total			8	~	~500	~14 1	~1
NET (EXPENDITURE)/INCOME				(78,344)		(78,344)	(74,655)
RECONCILIATION OF FUNDS
Total funds brought	forward			661,401		661,401	736,056
TOTAL FUNDS CARRIED FORWARD				~583 057	-	~583 057	~661 401

At 31March 20	23
			Unrestricted	Restrkted	Total funds	Total funds
			fund	fund	2023	2022
		Notes			6	6
FIXEDASS HS
Tangible assets					92186	~7
CURRENT ASSETS
Stocks Debtors Cash at bank and	In hand	15 16	200,771 39,960		200,771 39,960 34QKL	190,731 31,307
			254,822		254,822	267,850
CREDITORS
Amounts falling due within one year		17	156,042		156,042	124,200
			~98780			~143650
TOTAL ASSETS LIABILITIES	LESSCURRENT		920,255		920,255	1,020,064
CREDITORS
Amounts falling due atter more than one year		18	337,198		337,198	358,663
			~583 057		~583 057	~661 401
RJNDS
Unrestrkted funds Restricted funds					583,057	661,401
TOTAL FUNDS					~583 057

						2023	2022
					Notes
Cash flows from	operating	activities:
Cash generated from / (used In)			operations			16,582	(84,148)
Loan Interest paid						(24,731)	(18,083)
Interest element of hire purchase			and finance lease
rental payments						~2855)	3 787
Net cash (used	In)/provided		by operating
activities						~11004)	(1~06018)
Cash flows from	Investing	activities:
Purchase oftangible fixed assets							(71,645)
Sale of tangible fixed assets							~1407
Net cash (used	in) Investing		activities				~70 238)
Cash flows from	financing	acUvities:
Loan repayments	In year					(18,745)	(20,340)
Capital repayments	In year					(20,626)	(24,315)
Receipts from government grants							33,500
Receipts from other grants						~15 500	~4300
Net cash (used	in)/provided		by ffnancing
activities						~23 871)	~6855)
Change In cash	and cash equivalents			in the
reporting period						(34,875)	(183,111)
Cash and cash equivalents		at the beginning			2
ofthe reporting	period					45,812	228,923
Cash and cash equivalents		at the end		ofthe	2
reporting period

RECONCILIATION	OF	NET (EXPENDITURE)/INCOME	NET (EXPENDITURE)/INCOME	NET (EXPENDITURE)/INCOME	NET (EXPENDITURE)/INCOME	NET (EXPENDITURE)/INCOME	NET (EXPENDITURE)/INCOME	TO	FLOW FROM	OPERATING
ACTIVITIES
									2023	2022
										E
Net (expenditure)/Income			for	the reporting		period	(as	per the
statement offinancial		actMtles)							(78,344)	(74,655)
Ad]ustments for:
Depreciation charges									54,939	70,556
(Profit) on disposal of fixed assets										(1,407)
Government grants										(33,500)
Other grants									(15,500)	(4,300)
Loan interest paid									24,731	18,083
Interest element of hire purchase				and finance	lease rental		payments		2,855	3,787
(Increase)/decrease	in stocks
									(10,040)	(50,066)
(Increase) In debtors Increase in creditors									(8,654) ~46 595	(20,239) ~7593
Net cash provided	/ (used)		by	operating	activities				~16 582	~84 148)

The amount disclosed in the Cash Flow Statement	in respect of cash and cash	in respect of cash and cash	equivalent	are In respect of these	are In respect of these
Balance Sheet amounts:
				2023	2022
				f	E
Cash in hand				5,553	3,819
Notice deposits (less than 3 months)				8,538	41,993
Overdrafts Induded In bank loans and overdrafts	falling due within	one year	~3154)
Total cash and cash equivalents			~10 937		~45 812

ANALY	SIS OF C	HANGE	S IN NET DEBT
				At 31.3.22	Cashflow	At 31.3.23
				E	E	E
Net Cash
Cash at bank and		in hand		955I12		IK937
Debt
Finance	leases			(25,676)	20,180	(5,496)
Debtors	falling due within		1 year	(20,340)	1,594	(18,746)
Debtors	falling due after 1 year				17152
					~38 92
Total

						Restricted	Unrestricted	Total	Funds
						Funds	Funds	2023
						f	f		f
	Donations:
	The DCI Trust						1,000		1,000
	LIDL Community	Kitchen		Fund		5,500			5,500
	8 ik Q Property	Improvement			Fund	10,000			10,000
	The 1ones 1986Charitable			Trust			3,000		3,000
	Donated Food for Distribution				- Fareshare		53,163		53,163
	Individuals						~101		LEGAL
							Unrestricted	Total	Funds
							Funds	2022
							f		f
	Donations:
	The OCr Trust						1,000		1,000
	Nelghbourly						800		800
	Local Giving						2,500		2,500
	Arnold Clarke						1,000		1,000
	The Fifty Fund						1,200		1,200
	Donated Food for Distribution-				Fareshare		113,777	1.13,777
	Covid Support Grants						33,500		33,500
	Individuals								Zj)47
	Donations and legacies		In	2022 were attributable		to unrestricted	funds.
3.	CHARITABLE AClTVITIES
							2023f		2022f
	Primary Purpose	Trading		- Shop income
4.	INCOME FROM INVESTMENTS
							2023		2022f
	Rental Income						2511

							2023	2022
							6	E
insurance Claim
ther Income was attributable			to unrestricted			funds.
AISING FUNDS
aising donations		and legacies
							2023 E	2022f
Support costs
osts of raising	funds	Includes	consultancy		fees to raise funds on behalf of the charity.
RANTS PAYABLE
							2023	2022
							E	E
Donations to organlsatlons
he total grants	paid	to Institutions		during	the	year was as follows:
							2023	2022
								E
Remar —Spain							87,400	129,190
Remar —india							1,210
Remar —Germany Gift Africa							1,000 ~10	2 160
							RAZE

T	Donations to organlsatlons he total grants paid to Institutions during the year was as follows:

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										IO			Itl
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										1:			E
		I	j								)		i		X)I-r					-'-E
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Net Income/(	expenditure) Is stated aft	er charging/(crediting):
			202:	2022
			E
Auditors' remuneration			22,935	15,401
The audfiing	of accounts of any associate ofthe charity		3,600	3,600
Depredation	- owned assets		40,790	46,446
Depredation	- assets on hire purchase	contracts and finance leases	14,149	24,109
(Profit) on disposal offixed asset				~1407)

			Unrestricted	Restricted	Total funds
			fund f	fund I
INCOME AND ENDOWMENTS		FROM
Donations and legades			161,424		161,424
Other trading activities			1,073,565		1,073,565
Investments			915		915
Other					595
Total					1236450
EXPENDITURE ON
Raising Funds
Charitable actlviUes
Resettlement and Care Expenditure			306,036		306,036
Donations to other organisatlons			131,350		131,350
Primary Purpose Trading	Costs		873 719		8Z32Q
Total			1311105
EXPENDITURE			(74,655)		(74,655)
RECONCILIATION OF FUNDS
Total funds brought forward			~736 056		~736 056
TOTAL FUNDS CARRIED FORWARD

TANGIBLE FIXED ASSETS
	Freehold	Improvements	Fixtures and	Motor
A) GROUP	property	to property	fittings	vehicles	Totals
COST
At 1 April 2022	1,073,758	31,372	32,209	232,910	1,370,249
Additions Dlsposals				1,750 ~2750)	1,750 ~2750)
At 31March 2023	1073758	31372	32 209	232 910	1370 249
DEPRECIATION
At 1 April 2022	309,697	14,937	26,841	142,360	493,835
Charge for year	21,475	1,973	804	30/687	54,939
Eliminated on disposal
At 31March 2023	331172	18910	27 545	1/3 047	548 774
NET BOOK VALUE
At 31March 2023
At 31 March 2022
B)THE CHARITY	Freehold	Improvements	Fixtures and	Motor
	property	to property	iittings	vehicles	Totals
COST
At 1 April 2022	1,073,758	31,372	28,980	232,910	1,367,020
Additions				1,750	1,750
Disposals				~17	~17
At 31March 2023	073 7			232 931}	~67 2
DEPRECIATION
At 1 April 2022	309,697	14,937	24,207	142,360	491,201
Charge for year	21,475	1,973	715	30,687	54,850
Eliminated on disposal
At31March 2023		~10	~922	IZ3,047
NET BOOK VALUE
At 31March 2023
At 31 March 2022

13.	TANGIBLE FIXEDA	SSETS —continued
	Fixed assets, Included	In the above, which are held under	hire purchase	contracts are as follows:
				Group and Charity
				Motor vehiclesI
	COST
	At 1 April 2022			129,670
	Additions
	Disposal
	Transfer to Ownership			73075
	At31March 2023			56 595
	DEPRECIATION
	At 1 April 2022			105,273
	Charge for year			14,149
	Eliminated on Disposal
	Transfer to Ownership
				73075
	At 31March 2023			46,347
	NET BOOK VALUE
	At 31March 2023
	At 31 March 2022
14.	FIXEDASSETINVESTMENTS
				Shares in group
				undertakings
	MARKET VALUE
	At 1April 2022 and 31 March 2023
	NET BOOK VALUE
	At 31March 2023
	At 31 March 2022

Class of share:						holding	holding
2 Ordinary shares	off1each						100
								2023	2022
								I
Aggregate capital	and	resenres						3,767	9,845
Profit / (loss) for the year								35~494	~5470
Relevant flnandal	information		regarding	Remar UK		Umited	Is as follows:
								2023	2022
									E
Turnover								465,261	550,323
Cost of Sales									~49 360
Gross Profit								130,545	70,963
Store Costs								95J51	~64 3
Net (Loss)/Profit	Before Taxatlon							35,494	(5,470)
Corporation Tax
Net Pro(it ARer Taxatlon								35,494	(5,470)
Gift Aid distributions		to Remar	Association		(UK)
Net Outflow from Subsidiary								522K
SfOCKS
						The Group		The	Charity
						2023	2022	2023	2022
						E	F.	I

	The Group		The	Charity
	2023	2022	2023	2022
	E	E		F.
Amounts Owed by
Group Undertakings			70,210	96,448
Other Debtors		4,660		4,660
Prepayments	25,908	26,647	25,908	26,646
Trade Debtors

			The Group		The	Charity	Charity
			2023 E	2022 E	2023		2022I
Bank Loans and Overdrafts			21,900	20,340	18,746		20,340
Trade Creditors			84,559	46,804			4,521
Taxatlon and Social Security			8,668	5,980	4,882
Obligations Relating to FInance Leases
and Hire Purchase Contracts			5,496	21,363			21,363
Other Creditors and Accruals			%ALE.				29815
							ZL992
REDITORS: AMOUNTS	FALLING DUE AFTER MORE		THAN ONE YEAR
Group and Charity					2023		2022
						E	I
Amounts falling due aRer	one year:
Bank loans (see note 19)					337,198		354,350
Obligations Relating to Finance Leases and Hire Purchase			Contracts				~431
OANS
Group and Charity					2023		2022
An analysis ofthe maturity	of loans is given below:
Amounts falling due within	one year on demand:
Bank overdrafts					3,154
Bank loans					28 746
Amounts falling between one		and two years:
Bank loans - 1-2years
Amounts falling due between		two and five years:
Bank loans —2-5 years
Amounts falling due in more than fiv years:
Repayable by Instalments:
Bank loans due In more than		5 years by Instalment

					Hire	purchase	contracts
						2023	2022
						F.	E
Net obligations		repayable:
Within one year						5,496	21,363
Between	one and five years						~4313
						~5496	~25 676
Minimum	lease	payments	under non-cancellable	operating	leases fall due as follows:
						2023	2022
							E
Within one year							134,462
Between	one and Rve years
							~134 462

		2023	2022
		E	E
Bank	overdrafts
Bank	loans	355944	~374690
		355944	~374690

				Net
			At 1.4.22	movement	At 31.3.23
				in funds
			F.	E	E
Unrestricted		funds
General	fund		661,401	(78,344)	583,057
TOTAL	FUNDS		~661 401	~78 344)	~583 057

					2023	2022
					E	E
INCOME AND	ENDOWMENTS
Donations and	legacies
Donations					73,176	123,624
Government grants						33,500
Other grants					15,500	4,300
Other trading	activities
Shop income					836,840	1,073,565
Investments
Rent received					750	915
Other income
Insurance claim
Wayleave Income
Total Incoming	resources					~1236 5
EXPENDITURE
Raising Funds
Fundralslng Costs
Charitable activities
Food					59,976	119,079
Grants to Institutions					91,770	131,350
					~II 4
Support costs
Management
Rates and water					29,251	19,362
Insurance					31,034	29,640
Light and heat					32,613	25,259
Telephone					11,040	7,942
Postage and stationery					'I89	1,205
Adverlising						989
Sundries					1,335	2,620
Repairs and renewals					29,673	101,331
Rent					150,455	155,615
Purchases and carriage					317,679	455,248
Commission paid to Remar Spain					12,690	25,725
Commission paid on sales					10,745
Motor and travelling					105,826	90,271
Legal fees					4,615	27,765
Depredation - Freehold		property			21,475	21,475
- Improvements			to property		1,973	1,973
- Fixtures and fittings - Motor vehicles					804 ~67	946 46 160
Carried forward					792,384	1,013,526
				Page 35

or the Year Ended 3	1March 2023
		2023	2022
		E
Management
Brought forward		792,384	1,013,526
Profit on Disposal			(1,407)
Bank Interest and charges		6,359	7,686
Bank loan Interest Hire purchase		24,731 ~2855	18,083 ~3787
			1041675
Governance costs
Auditors' remuneration		26,535	13,000
Auditors' remuneration	for non audit work		~6001
		~26 535	~19 001
Total resources expended		1,004,610	1,311,105
Net (expenditure)/income		~75344	~74655