## |||Page|| |---|---|---|---| |Report ofthe Trustees||1To9|| |Report ofthe Independent|Auditors|10 to|12| |Statement ofConsolidated|Financial Activities|13|| |Consolidated
Balance Sheet||14|| |Consolidated
Cash Flow Statement||15|| |Notes to the Consolidated|Cash Flow Statement|16|| |Notes tothe Consolidated|Financial Statements|17 to|25| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|London|31.3.23|31.3.22| |---|---|---|---|---|---|---|---| ||||fund|fund|Regatta|Total|Total| ||||||Centre|funds|funds| |||Notes|E||E|E|f| |Income and Endowments|||||||| |Donations
and legacies|||||||| |Charitable
Activity|||||||50,294| |Other trading activities|||||270,547|270,547|205,676| |Investment
income|||559,603||1,783|561,386|412,748| |Total|||559,603||272,330|831,933|668,718| |Expenditure|||||||| |Raising funds|||7,686|||7,686|(4,680)| |Cost ofsales|||||3,461|3,461|1.232| |Charitable
Activity|||561,241|6,298||567,539|580,401| |Distribution
costs|||||8,446|8,446|11,324| |Administrative
expenses|||||177,225|177,225|171,023| |Other|||||||| |Total|||568,927|6,298|189,132|764,357|759,300| |NET INCOME/(EXPENDITURE)|||(9,324)|(6,298)|83,198|67,576|(90,582)| |RECONCILIATION|OF FUNDS||||||| |Total funds brought forward|||8,543,105|23,582|(757,482)|7,809,205|7,899,787| |TOTAL FUNDS CARRIED|||8,533,781|17,284|(674,284)|7,876,781|7,809,205| |FORWARD|||||||| ## |||||Unrestricted|Restricted|London|31.3.23|31.3.22| |---|---|---|---|---|---|---|---|---| |||||fund|fund|Regatta|Total|Total| |||||||Centre|funds|funds| ||||Notes|E|||E|E| |FIXEDASSETS||||||||| |Tangible assets|||13|7,178,067||53,802|7,231,869|7,466,868| |Investments|||14|2|||2|2| |||||7,178,069||53,802|7,231,871|7,466,870| |CURRENT ASSETS||||||||| |Debtors|||15|38,875||7,838|46,713|89,598| |Cash at bank||||79,042|17,284|606,615|702,941|458,250| |||||117,917|17,284|614,453|749,654|547,848| |CREDITORS||||||||| |Amounts
falling||due within 1|16|(75,063)||(29,679)|(104,742)|(205,511)| |year||||||||| |Intercompany||balances||1,312,858||(1,312,858)||| |TOTAL ASSETS||LESSCURRENT||8,533,781|17,284|(674,282)|7,876,783|7,809,207| |LIABIUTIES||||||||| |NET ASSETS||||8,533,781|17,284|(674,282)|7,876,783|7,809,207| |FUNDS|||17|||||| |Unrestricted|funds||||||8,533,781|8,543,105| |Restricted funds|||||||17,284|23,582| |Retained
Earnings|||||||(674,284)|(757,482)| |Called up share||capital|||||2|2| |Total Funds|||||||7,876,783|7,809,207| ## |||for|the Year Ended 31|March 2023|| |---|---|---|---|---|---| |||||31.3.23|31.3.22| ||||Notes|E|f| |Cash flows from operating|activities||||| |Cash generated
from operations||||274,436|88,005| |Net cash used in operating|activities|||274,436|88,005| |Cash flows from investing|activities||||| |Purchase oftangible fixed|assets|||(35,389)|(43,878)| |Disposal oftangible
fixed assets||||3,861|| |Interest received||||1,783|20| |Net cash used
in investing|activities|||(29,745)|20| |Change in cash and cash equivalents||in||244,691|44,147| |the reporting
period|||||| |Cash and cash equivalents|atthe||||| |beginning ofthe reporting|period|||458,250|414,103| |Cash and cash equivalents|atthe end|of|||| |the reporting
period||||702,941|458,250| ## ## ||RECONCILIATION

ACTIVITIES|OF NET INCOME/(EXPENDI|TURE)
TO NET CASH FLO|W FROM OPERA|TING| |---|---|---|---|---|---| |||||31.3.23|31.3.22| |||||f|f| ||Net income/(expenditure)
forthe reporting||period (as per the||| ||Statement of Financial Activities)|||67,576|(90,582)| ||Adjustments
for:||||| ||Depreciation
charges|||266,527|271,958| ||Interest received|||(1,783)|(20)| ||(increase)/decrease|in debtors||42,885|(55,031)| ||Increase/(decrease)|in creditors||~300,760|(38,320)| ||Net cash provided|by operations||374,436|SS,DDS| |2.|ANALYSIS OF CHANGES IN NET FUNDS||||| ||||At 1.4.22|Cash flow|At 31.3.23| ||||f|f|f| ||Net cash||||| ||Cash at bank||458,250|244,691|702,941| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||31.2.23|31.3.22| |---|---|---|---|---|---|---|---|---| ||||||||f|f| ||Rents received||||||485,405|412,728| ||Other Income||||||74,198|| ||Deposit account|interest|||||1,783|20| ||||||||561,386|412,748| |6.|RAISING FUNDS|||||||| ||Raising donations|and legacies||||||| ||||||||31.3.23|31.3.22| ||||||||f|f| ||Support costs||||||7,686|(4,680)| |7.|CHARITABLE ACTIVITIES COSTS|||||||| ||||||||Support|| |||||||Direct|costs (see|| |||||||Costs
f|note 8)
f|Totals
f| ||Charitable
Activity|||||257,053|310,486|567,539| |8.|SUPPORT COSTS|||||||| |||||||Information|Governance|| |||||Management
f|Finance
f|technology
f|costs
f|Totals
f| ||Other Resources|||||||| ||Expended|||||||| ||Charitable
Activity||||258,443|36,711|15,332|310,486| ||||||258W3|36,711|15,332|310,486| |9.|NET INCOME/(EXPENDITURE)|||||||| ||Net income/ (expenditure)||is|stated aFter|charging/(crediting):|||| ||||||||31.3.23|31.3.22| ||||||||f|f| ||Audit and accountancy fees||||||15,332|14,350| ||Depreciation - owned assets
6IA turnover
rent||||||266,527
28,707|271,958
31,513| ## ## ## ## ## |31.3.23|31.3.22| |---|---| |E|f| |137,588|153,440| |7,596|14,076| |2,432|2,475| |147,616|169,991| ## |12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||fund|fund|funds| |||||E|f|f| ||INCOME AND ENDOWMENTS||FROM|||| ||Donations|and legacies||||| ||Charitable|activities||||| ||Charitable|activity|||27,169|27,169| ||Investment|income||412,728||412,728| ||Total|||412,728|27,169|439,897| ||EXPENDITURE ON|||||| ||Raising funds|||(4,680)||(4,680)| ||Charitable|activities||||| ||Charitable|activity||567,228|13,173|580,401| ||Other|||||| ||Total|||562,548|13,173|575,721| ||NET INCOME/(EXPENDITURE)|||(149,820)|13,996|(135,824)| ||RECONCILIATION
OF FUNDS|||||| ||Total funds|brought forward||8,692,925|9,586|8,702,511| ||TOTAL FUNDS CARRIED FORWARD|||8,543,105|23,582|8,566,687| ## ## ## |TANGIBLE|FIXEDASSETS||||| |---|---|---|---|---|---| |||||Plant and|| |||Freehold|Fixture and|Machinery|| |||property
E|fittings
f|etc
E|Totalf| |Cost|||||| |At 1April 2022||11,993,416|1,271,027|80,334|13,344,777| |Additions||||35,389|35,389| |Disposal||||(10,980)|(10,980)| |At31March 2023||11,993,416|1,271,027|104,743|13,369,186| |Depreciation|||||| |At 1April 2022||4,663,644|1,164,651|49,614|5,877,909| |Charge for|year|239,869|18,212|8,447|266,528| |Eliminated|on|||(7,120)|(7,120)| |disposal|||||| |At 31March 2023||4,903,513|1,182,863|50,941|6,137,317| |NET BOOK|||||| |VALUE|||||| |At31March 2023||7,089,903|88,164|53,802|7,231,869| |At31March 2022||7,329,772|106,376|30,720|7,466,&68| |FIXEDASSET INVESTMENTS|||||| ||||||Shares in| ||||||group| ||||||undertakings| ||||||E| ## ## ||Class ofshare|Class ofshare|holding|||| |---|---|---|---|---|---|---| ||Ordinary||100|||| |15.|DEBTORS|||||| ||||||31.3.23|31.3.22| ||||||f|f| ||Amounts
falling due within one year:|||||| ||Trade debtors||||37,946|30,885| ||Other debtors||||1,223|20,729| ||VAT|||||8,423| ||Prepayments||||7,544|29,561| ||||||46,713|89,598| |16.|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| ||||||31.3.23|31.3.22| ||||||6|6| ||Trade creditors||||9,607|61,669| ||Other creditors||||16,933|22,135| ||Taxation and|socialsecurity|||25,395|32,956| ||Accruals and|deferred income|||52,807|88,751| ||||||104,742|205,511| |17,|MOVEMENT|IN FUNDS||||| ||||||Net|| ||||||movement|At| |||||At 1.4.22|in funds|31.3.23| |||||E|6|6| ||Unrestricted|funds||||| ||General fund|||8,543,105|(9,324)|8,533,781| ||Restricted funds|||||| ||Restricted|||23,582|(6,298)|17,284| ||TOTAL FUNDS|||8,566,687|(15,622)|8,551,065| ## ## |||||Incoming|Resources|Movement| |---|---|---|---|---|---|---| |||||resources
f|expended
f|in funds
f| |Unrestricted|funds|||||| |General fund||||559,603|(568,927)|(9,324)| |Restricted funds||||||| |Restricted|||||(6,298)|(6,298)| |TOTAL FUNDS||||559,603|~575,225)|(15,622)| |Comparatives|for movement|in funds||||| ||||||Net|| ||||||movement|At| |||||At 1.4.21|in funds|31.3.22| |||||f|f|f| |Unrestricted|funds|||||| |General fund||||8,692,925|(149,820)|8,543,105| |Restricted funds||||||| |Restricted||||9,586|13,996|23,582| |TOTALFUNDS||||8,762,511|2255,824I|8,566,687| |Comparative|net movement|in funds, included|in the|above are as follows:||| |||||Incoming|Resources|Movement| |||||resources|expended|in funds| |||||f|f|| |Unrestricted|funds|||||| |General fund||||412,728|(562,548)|(149,820)| |Restricted funds||||||| |Restricted||||27,169|(13,173)|13,996| |TOTAL FUNDS||||439,897|~575,721)|~135,824)| ## ## ## ## ##