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|||Page||
|---|---|---|---|
|Chairman
and CEO Reports||||
|Treasurer's
Report|2|to|3|
|Report ofthe Trustees|4|to|10|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||12||
|Statement ofFinancial Position||13||
|Statement ofCash Flows||14||
|Notes to the Statement ofCash Flows||15||
|Notes to the Financial Statemeuts|16|to|24|
|Detailed Statement ofFinancial Activities|25|to|26|
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|Expenditure||||2023|2022|Annual
movement|
|---|---|---|---|---|---|---|
||||||6||
|Raising donations||and legacies||2,317|23,006|(20,689)|
|Charitable|activities|||341,742|294,337|47,405|
|Support and governance|||costs|9,227|14,300|(4,855)|
|Total||||353,286|331,643|21,634|
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|||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|||||
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies||2|198,448|112,153|310,601|271,661|
|Charitable|activities|||||||
|Expenditure|on charitable|activities||57,549|3,451|61,000|75,266|
|Other trading activities||||15,800||15,800|8,178|
|Investment|income|||1,307||1,307|26|
|Other income||||11,773||11,773||
|Total||||284,877|115,604|400,481|355,131|
|EXPENDITURE ON||||||||
|Raising funds|||6|2,288|29|2,317|23,006|
|Charitable|activities||7|||||
|Expenditure|on charitable|activities||279,127|71,842|350,969|308,637|
|Total||||281,415|71,871|353,286|331,643|
|NET INCOME||||3,462|43,733|47,195|23,488|
|RECONCILIATION OF FUNDS||||||||
|Total funds|brought
forward|||437,671|69,984|507,655|484,167|
|TOTAL FUNDS CARRIED FORWARD||||441,133|113,717|554,850|507,655|
##
||31M|arch 2023||||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund
f|funds|funds|funds|
|FIXEDASSETS||||||
|Tangible assets|13|157,927|13,759|171,686|175,927|
|CURRENT ASSETS||||||
|Debtors|14|36,536|4,800|41,336|4,045|
|Cash at bank||253,179|95,158|348,337|334,192|
|||289,715|99,958|389,673|338,237|
|CREDITORS||||||
|Amounts
falling due within one year|15|(6,509)||(6,509)|(6,509)|
|NET CURRENT ASSETS||283,206|99,958|383,164|331,728|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||441,133|113,717|554,850|507,655|
|NET ASSETS||441,133|113,717|554,850|507,655|
|FUNDS|17|||||
|Unrestricted
funds||||441,133|437,671|
|Restricted funds||||113,717|69,984|
|TOTAL FUNDS||||554,850|507,655|
##
|||Springboard
Project|||
|---|---|---|---|---|
|||Statement ofCash Flows|||
|||for the Year Ended 31March|2023||
||||31.3.23|31.3.22|
|||Nates|||
|Cash flows from operating|activities||||
|Cash generated
Rom operations|||13,023|46,560|
|Net cash provided
by operating
activities|||13,023|46,560|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets
Sale oftangible fixed assets|||(11,958)
11,773|(620)|
|Interest received|||1,307|26|
|Net cash provided
by/(used|in) investing|activities|1,122|(594)|
|Change in cash and cash equivalents||in|||
|the reporting
period|||14,145|45,966|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||334,192|288,226|
|Cash and cash equivalents|at the end|of|||
|the reporting period|||348,337|334,192|
##
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##
|||Notes to the Statement ofCash Flows
for the Year Ended 31March 2023|||
|---|---|---|---|---|
|RECONCILIATION||OFNET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES||
||||31.3.23|31.3.22|
|Net income for the|reporting period (asper the Statement ofFinancial||||
|Activities)|||47,195|23,488|
|Adjustments
for:|||||
|Depreciation
charges|||16,015|15,753|
|Profit on disposal offixed assets|||(11,773)||
|Interest received|||(1,307)|(26)|
|expenditure-reconciling||items|184||
|(Increase)/decrease|in|debtors|(37,291)|4,336|
|Increase in creditors||||3,009|
|Net cash provided|by|operations|13,023|46,560|
|ANALYSIS OFCHANGES IN NET FUNDS|||||
|||At 1.4.22|Cash flow|At 31.3.23|
|||8|||
|Net cash|||||
|Cash at bank||334,192|14,145|348,337|
|||334,192|14,145|348,337|
|Total||334,192|14,145|348,337|
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|2.|DONATIONS
AND LEGACIES|||||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Donations|65,613||65,613|38,872|
||Grants receivable|132,835|112,153|244,988|232,789|
|||198,448|112,153|310,601|271,661|
|3.|OTHER TRADING ACTIVITIES|||||
|||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||||f.|||
||Room Hire|15,800||15,800|8,178|
|4.|INVESTMENT INCOME|||||
|||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Interest|1,307||1,307|26|
|5.|INCOME FROM CHARITABLE|ACTIVITIES||||
|||||31.3.23|31.3.22|
|||||Expenditure||
|||||on||
|||||charitable|Total|
|||||activities|activities|
|||||f||
||Activities|||53,193|65,799|
||Membership|||7,807|9,467|
|||||61,000|75,266|
##
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||||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
||Staff costs|||||||21,696|
||Travel||||1,481|19|1,500|523|
||Publicity||||807|10|817|787|
||||||2,288|29|2,317|23,006|
|7.|CBARITABLE AC11VITIESCOSTS||||||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|note 8)|Totals|
||Expenditure|on charitable|||activities|341,742|9,227|350,969|
|8.|SUPPORT|COSTS|||||||
|||||||||Governance|
|||||||||costs|
||Expenditure|on charitable|||activities|||9327|
||Support costs, included|||in|the above, are as follows;||||
||Governance|costs|||||||
||||||||31.3.23|31.3.22|
||||||||Expenditure||
||||||||on||
||||||||charitable|Total|
||||||||activities|activities|
||Salaries dcNational||Insurance|||||8,102|
||Accountancy|fees|||||3,750|3,570|
||Legal fees||||||5,477|2,628|
||||||||9,227|14,300|
##
##
||31.3.23|31.3.22|
|---|---|---|
|Depreciation - owned assets|16,199|15,753|
|Surplus on disposal offixed assets|(11,773)||
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##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||||f.|
|Wages, Salaries snd social security||||214,008||224,113|
|The average monthly
number ofemployees|||during the year was as|follows:|||
||||||2022|2021|
||||||FTE|FTE|
|Direct charitable
activity|||||9|13|
|No employee received emoluments||above f60,000 during the year.|||||
|COMPARA11VES FORTHE STATEMENT OFFINANCIAL||||ACTIVITIES|||
|||||Unrestricted|Restricted|Total|
|||||fund|fimds|funds|
||||||6||
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies||||231,911|39,750|271,661|
|Charitable
activities|||||||
|Expenditure
on charitable|activities|||75,266||75,266|
|Other trading activities||||8,178||8,178|
|Investment
income||||26||26|
|Total||||315,381|39,750|355,131|
|EXPENDITURE ON|||||||
|Raising funds||||23,006||23,006|
|Charitable
activities|||||||
|Expenditure
on charitable|activities|||244,151|64486|308 637|
|Total||||267,157|64,486|331,643|
|NET INCOME/(EXPENDITURE)||||48,224|(24,736)|23,488|
##
|12.|COMPARA11VES|FORTHE STATEMENT OF FINANCIAL|FORTHE STATEMENT OF FINANCIAL|ACTIVITIES-continued|ACTIVITIES-continued||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||fund
f|funds|funds|
||RECONCILIATION||OFFUNDS||||
||Total funds brought|forward||389,447|94,720|484,167|
||TOTAL FUNDS CARRIED FORWARD|||437,671|69,984|507,655|
|13.|TANGIBLE FIXED||ASSETS||||
|||||Fixtures|||
|||||slid|Motor||
||||Property|Ettings
I|vehicles|Totals|
||COST||||||
||At I April 2022||216,158|315,291|79,445|610,894|
||Additions|||11,958||11,958|
||Disposals|||(20,971)||(20,971)|
||At 31March 2023||216,158|306,278|79,445|601,881|
||DEPRECIATION||||||
||At 1April 2022||63,405|292,117|79,445|434,967|
||Charge for year||2,882|13,317||16,199|
||Eliminated
on disposal|||(20,971)||(20,971)|
||At 31March 2023||66,287|284,463|79,445|430,195|
||NET BOOKVALUE||||||
||At 31March 2023||149,871|21,815||171,686|
||At 31Match 2022||152,753|23,174||175,927|
|14.|DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR||||||
||||||31.3.23|31.3.22|
||||||f|f|
||Trade debtors||||40,536|3,245|
||Other debtors||||800|800|
||||||41,336|4,045|
##
##
##
|CREDITORS: AMOUNTS FALLING DUE WITHIN|ONE YEAR||
|---|---|---|
||31.3.23|31,3.22|
|Trade creditors|I||
|Social security and other taxes|3,008|3,009|
|Accrued expenses|3,500|3,500|
||6,509|6,509|
##
|||31.3.23|31.3.22|
|---|---|---|---|
|Within one year|||1,585|
|MOVEMENT IN FUNDS||||
|||Net||
|||movement|At|
||At 1.4.22|in funds|31.3.23|
|Unrestricted
funds||||
|General fund|437,671|3,462|441,133|
|Restricted funds||||
|Capital works|9,537|(479)|9,058|
|West Sussex short breaks|42,430|5,476|47,906|
|Crawley House|5,814|1,894|7,708|
|Worthing 6-12|11,247|(4,184)|7,063|
|Sustainability
and development|956|(956)||
|Stepping Stones||41,982|41,982|
||69,984|43,733|113,717|
|TOTAL FUNDS|507,655|47,195|554,850|
##
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||f.|6||
|Unrestricted
funds|||||
|General fund||284,877|(281,415)|3,462|
|Restricted funds|||||
|Capital works|||(479)|(479)|
|West Sussex short breaks||29,200|(23,724)|5,476|
|Crawley House||4,800|(2,906)|1,894|
|Worthing 6-12|||(4,184)|(4,184)|
|Sustainability
and development|||(956)|(956)|
|Stepping Stones||81,604|(39,622)|41,982|
|||115,604|(71,871)|43,733|
|TOTAL FUNDS||400,481|(353,286)|47,195|
|Comparatives
for movement|in funds||||
||||Net||
||||movement|At|
|||At 1.4.21|tn funds|31.3.22|
|Unrestricted
funds|||||
|General fund||389,447|48,224|437,671|
|Restricted funds|||||
|Capital works||34,195|(8,807)|25,388|
|Sutton short breaks||78||78|
|West Sussex short breaks||42,430|(11,923)|30,507|
|Crawley House
Worthing 6-12||5,814
11,247|(1,454)
(2,452)|4,360
8,795|
|Sustainability
and development||956|(100)|856|
|||94,720|(24,736)|69,984|
|TOTAL FUNDS||484,167|23,488|507,655|
##
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||6|||
|Unrestricted|funds||||
|General fund||315,381|(267,157)|48,224|
|Restricted funds|||||
|Capital works
West Sussex|short breaks|29,750|(8,807)
(41,673)|(8,807)
(11,923)|
|Crawley House
Worthing 6-12||10,000|(1,454)
(12,452)|(1,454)
(2,452)|
|Sustainability|and development||(100)|(100)|
|||39,750|(64,486)|(24,736)|
|TOTAL FUNDS||355,131|(331,643)|23,488|
##
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##
|||||Springboard
Project|||
|---|---|---|---|---|---|---|
|||||Detailed Statement ofFinancial Activities|||
|||||for the Year Eaded 31March 2023|||
||||||31.3.23|31.3.22|
|||||||f|
|INCOME AND|ENDOWMENTS||||||
|Donations
and legacies|||||||
|Donations|||||65,613|38,872|
|Grants receivable|||||244,988|232,789|
||||||310,601|271,661|
|Other trading
activities|||||||
|Room Hire|||||15,800|8,178|
|Investment
income|||||||
|Interest|||||1,307||
|Charitable
activities|||||||
|Activities|||||53,193|65,799|
|Membership|||||7,807|9,467|
||||||61,000|75,266|
|Other income|||||||
|Gain on sale oftangible fixed assets|||||11,773||
|Totalincoming|resources||||400,481|355,131|
|EXPENDITURE|||||||
|Raising donations||and legacies|||||
|Salaries &National||insurance||||21,696|
|Travel|||||1,500|523|
|Publicity|||||817|787|
||||||2,317|23,006|
|Charitable
activities|||||||
|Salaries &National||insurance|||230,241|184,210|
|Activity schemes|||||15,678|17,003|
|Stafftraining and|recruitment||||9,116|17,556|
|Repairs, renewals|and||maintenance||21,446|14,740|
|Utilities &Insurance|||||21,938|20,158|
|Oifice costs|||||19,484|19,307|
|Travel|||||7,824|5,610|
|Depreciation|||||16,015|15,753|
||||||341,742|294,337|
|Support costs|||||||
|Governance
costs|||||||
|Salaries 8.National|||Insurance|||8,102|
|Cerned forward||||||8,102|
##
|||Springboard
Project|||
|---|---|---|---|---|
|||Detailed Statement ofFinancial Activities|||
|||for the Year Ended 31March 2023|||
||||31.3.23|31.3.22|
|Governance|costs||||
|Brought forward||||8,102|
|Accountancy|fees||3,750|3,570|
|Legal fees|||5,477|2,628|
||||9427|14,300|
|Total resources|expended||353,286|331,643|
|Net income|||47,195|23,488|