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2023-08-31-accounts

Page
Trustees'
report		 1-10
Statement
ofTrustees'		 responsibilities
Independent
auditor's		 report 12-14
Statement offinancial activities 15-16
Balance sheet 17
Statement ofcash tlows 18
Notes to the financial statements 19-32

Current financial year Current financial year
Unrestricted Restricted Total Total
funds funds
2023 2023 2023 2022
Notes 5 8 5
hggmgfmm;
Grants and donations		 3 25,000 25,000 2,911
Charitable
activities		 4 720,045 214,429 934,474 1,983,588
Other trading
activities
Investments		 5
8		 500
33,473		 500
33,473		 5,020
9,478
Total income 779,018 214,429 993,447 2,000,997
~Ex
n 'Ittt8gg;
Total resources expended		 7 882,958 214,429 1,097,387 1,621,093
Net gains/(losses) on investments 11 (39,498) (39,498) (33,694)
Net movement
in		 funds (143,438) (143,438) 346,210
Fund balances
at 1 September 2022		 1,843,629 1,843,629 1,497,419
Fund balances at 31August 2023 1,700,191 1,700,191 1,843,629

Prior financial year Prior financial year
Unrestricted Restricted Total
funds funds
Notes 2022
8		 2022 2022f
IngttmaXmm;
Grants and donations		 3 2,911 2,911
Charitable
activities		 4 1,786,612 196,976 1,983,588
Other trading
activities		 5 5,020 5,020
Investments 8 9,478 9,478
Total income 1,804,021 196,976 2,000,997
~Emtfl~n:
Total resources expended 7 1,424,117 196,976 1,621,093
Net gains/(losses) on investments 11 (33,694) (33,694)
Net movement
in		 funds 346,210 346,210
Fund balances at 1 September 2021 1,497,419 1,497,419
Fund balances at 31August 2022 1,843,629 1,843,629

2623 2922
Notes 6
Fixed assets
Tangible assets 12 11,174 4,434
Investments 13 884,229 908,461
895,403 912,895
Current assets
Debtors 15 85,434 362,106
Cash at bank and in hand 889,277 831,108
974,711 1,193,214
Creditors: amounts falling due within
one year 16 (169,923) (262,480)
Net current assets 804,788 930,734
Total assets less current liabilities 1,700,191 1,843,629
Income funds
~nr atlKtattfunda
Designated
funds		 21 204,288 217,696
General unrestricted funds 1,495,903 1,625,933
1,700,191 1,843,629
1,700,191 1,843,629

Notes 2023
E		 2022
f
Cash flows from operating
activities
Cash generated
from operations		 26 51,332 21,790
Investing
activities
Purchase oftangible
fixed assets		 (11,370) (340)
Net income paid into investments (4,699)
Purchase ofother investments (15,266) (500,000)
Interest received 33,473 9,478
Net cash generated
from/(used
investing
activities		 in) 6,837 (495,561)
Net cash used in financing
activities
Net increase/(decrease)
in cash
equivalents		 and cash 58,169 (473,771)
Cash and cash equivalents
at beginning		 ofyear 831,108 1,304,879
Cash and cash equivalents
at end of		 year 889,277 831,108

Grants and donations
Unrestricted Unrestricted
funds funds
general general
2023
fi		 2022f
Grants and donations 25,000 2,911

Charitable Charitable
Income Income
2623 2022
8 5
Work Experience - Health &Safety/Placement
Nufiield
programme
STEM		 services 442,956
35,219
179,210		 332,845
41,860
155,116
Careers Education Service 206,505 149,095
National Citizen Service 70,584 1,304,672
934,474 1,983,588
Analysis
by fund
Unrestricted
funds - general		 720,045 1,786,612
Restricted funds 214,429 196,976
934,474 1,983,588

Unmstricted Unrestricted
funds funds
general general
2023f 2022
8
Sponsorship 8 initiatives 500 5,020

investments
Unrestricted Unrestricted
funds funds
general general
2023
8		 2022f
Income from listed investments 17,617 7,370
Bank interest receivable 15,856 2,108
33,473 9,478
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The analysis
of auditor's
remuneration
isas follows:
2023f 2022f
Audit ofthe annual accounts 4,350 4,200
Number ofemployees
2023 2022
Number Number
72
Employment
costs		 2023f 2022
f
Wages and salaries 747,125 1,056,371
Social security costs 56,870 60,652
Other pension costs 69,188 69,502
873,183 1,186,525
were:
2023 2022
Number Number
f60,000 tof70,000 1

Net gains/(to sses)
on		 investments
Unrestricted Unrestricted
funds funds
general general
2023 2022
8
Revaluation of investments (39,498) (33,694)
Tangible fixed assets
Fixtures, Computers Total
flulhas a
equlpmeht
8
Cost
At 1 September 2022 30,552 50,341 80,893
Additions 11,370 11,370
At 31August 2023 30,552 61,711 92,263
Depreciation and impairment
At 1 September 2022
Depreciation
charged		 in the year 29,659
486		 46,800
4,144		 76,459
4,630
At 31August 2023 30,145 50,944 81,089
Carrying
amount
At 31August 2023		 407 10,767 11,174
At 31August 2022 893 3,541 4,434

13 Fixed asset investme nts
Listed
investments
2
Cost orvaluation
At 1 September 2022 908,461
Additions 15,266
Valuation
changes		 (39,498)
At 31August 2023 884,229
Canylng
amount
At 31August 2023		 884,229
At 31August 2022 908,461
2023 2022
f 6
Investments
at fair value comprise:
Cash deposits 473 1,029
Quoted securities 883,756 907,432
S84,229 908,461
Quoted securities are valued at the market value at the year end.
14 Financial instruments 2023 2022
6 2
Carrying
amount of		 financial assets
Instruments
measured		 at fair value through profit or loss 884,229 908,461
15 Debtors
2023 2022
Amounts
falling due		 within one year: 6 5
Trade debtors 36,091 146,746
Other debtors 41,995 208,845
Prepayments
and accrued income		 7,348 6,515
85,434 362,106

16 Creditors: amounts Creditors: amounts Creditors: amounts falling due within one year
2023 2022
Notes 8
Other taxation and social security 12.173 16,607
Deferred income 17 13,222 10,865
Trade creditors 10,620 22,931
Other creditors 5,534 12,824
Accruals 128,374 199,253
169,923 262,480
17 Deferred income
2023 2022
6 8
Other deferred income 13,222 10,865
Deferred income is included in the financial statements as follows:
2023 2022
6
Deferred income is included within:
Current liabilities 13,222 10,865

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Movement in funds
1 Balance at
September
2021f		 Incoming
resources		 Resources
expended		 Balance at
1 September
2022
f		 Resources
expended		 Balance at
31August
2e23
Doing Good project 233,000 (15,304) 217,696 (13,408) 204,288
233,000 (15,304) 217,696 (13,408) 204,288

25 Ultimate controlling
party
In the opinion ofthe Trustees,
given the structure		 ofthe chadity, there is no ultimate controlling
party.
26 Cash generated
from operations		 2023
f		 2022
5
(Defiicit)/surpus
for the year		 (143,438) 346,210
Adjustments
for:
Investment
income recognised
in statement offinancial activities		 (33,473) (9,478)
Fair value gains and losses on investments 39,498 33,694
Depreciation
and impairment
oftangible fixed assets		 4,630 5,845
Movements
in working capital:
Decrease/(increase)
in debtors		 276,672 (207,821)
(Decrease) in creditors (94,914) (126,644)
Increase/(decrease)
in deferred income		 2,357 (20,016)
Cash generated
from operations		 51,332 21,790