| The Quiet Mind Centre (a company limited by guarantee h Contents |
aving no share capital) |
|---|---|
| Page | |
| Trustees annual report |
1-4 |
| Independent examiner's report |
|
| Statement offinancial activities | |
| Statement offinancial position |
|
| Trustees' statement | |
| Notes to the financial statements | 10 —14 |
| Income and expenditure account |
| Statement offinancial 2023 |
Statement offinancial 2023 |
activities f | or the | year ende | d 30April |
|---|---|---|---|---|---|
| Incoming Resources |
|||||
| Note | 2023 f |
2022 | |||
| Donations | 39,822 | 30,615 | |||
| Government grants |
8,893 | ||||
| Other income | 185 | 428 | |||
| Investment income |
3 | 5 361 | 3623 | ||
| Total incoming | resources | 45.368 | 43 559 | ||
| Resources expended | |||||
| Direct charitable | expenditure | 47,796 | 41,732 | ||
| Governance costs |
2,097 | 2,736 | |||
| Total resources | expended | 49 893 | 44 468 | ||
| Net (outgoing) the year |
/ incoming | resources for | (4,525) | (909) | |
| Net movement | in funds | (4,525) | (909) | ||
| Gain/(loss) on asset |
revaluation | of investment | (2,317) | 3,200 | |
| Fund balances 2022 |
brought forward at 1 May | 93,438 | 91,147 | ||
| Fund balances 2023 |
carried forward at 30April | 86,596 | 93,438 | ||
| There were no other recognised | gains and | ||||
| losses |
| Note | 2023 | 2022 | ||
|---|---|---|---|---|
| Fixed Assets | ||||
| Tangible assets | 3 | |||
| Investments | 4 | 58 449 | 80 766 | |
| 58,449 | 80,766 | |||
| Current Assets | ||||
| Receivables | 1,004 | |||
| Cash at bank and | in hand | 28,897 | 12,168 | |
| Current Liabilities |
||||
| Payables and accruals |
5 | ~750 | 500 | |
| Net current assets | 28 147 | 12 672 | ||
| Net Assets | 86,596 | 93438 | ||
| Funds unrestricted | 6 | 86,596 | 93438 |
| The Quiet Mind Centre (a company limited by 2 Investment Income |
guarantee having no share ca |
pital) |
|---|---|---|
| 2023 | 2022 | |
| Rents receivable | 185 | 428 |
| Interest receivable | 5 361 | 3623 |
| 5 546 | 4 051 | |
| 3 Tangible fixed assets | ||
| Equipment —cost |
||
| As at 1 May 2022 and 30 April 2023 | 5,058 | 5,058 |
| Depreciation | ||
| As at 1 May 2022 | 5,058 | 5,058 |
| Charge for the year | ||
| As at 30 April 2023 | 5,058 | 5 058 |
| Net book value at 30April 2023 | ||
| 4 Investments | ||
| Valuation | 2023 | 2022 |
| Market value as at 1 May 2022 | 80,766 | 52,566 |
| Additions | 25,000 | |
| Disposa-Is | (20,000) | |
| Revaluations | (2,327) | 3,200 |
| Market value as at 30April 2023 | 58.449 | 80 766 |
| 2023 | |
|---|---|
| F | |
| 750 | 500 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Opening | funds at 1 May 2022 | 93,438 | 91,147 | ||
| Excess (expenditure)/income Gain/(loss) on revaluation of |
for the year investment |
asset | (4,525) 2 317 |
(909) 3 200 |
|
| Closing | funds at 30 April 2023 | 86 596 | 93438 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f. | |||||
| Wages | and | salaries | costs | 27 596 | 21 148 |
| 2023 | ||||
|---|---|---|---|---|
| In respect of accounts | production | and independent | 750 | 500 |
| examination |
(this page does |
not form p |
art ofthe |
financial statements | ) | |
|---|---|---|---|---|---|
| 2023 | |||||
| Xncome | |||||
| Donations | 39,822 | 30,615 | |||
| Government grants |
8,893 | ||||
| Room hire | 185 | 428 | |||
| Interest received | 5 361 | 3,623 | |||
| 45,368 | 43,559 | ||||
| Direct charitable | expenses | ||||
| Wages and salaries | 27,596 | 21,448 | |||
| Rent and rates | 16,441 | 16,093 | |||
| Insurance | 565 | 532 | |||
| Miscellaneous expenses |
428 | 442 | |||
| Office equipment | S.supplies | 2 766 | 3 217 | ||
| 47,796 | 41,732 | ||||
| Governance costs | |||||
| Broadband/Telephone | 643 | 422 | |||
| Admin &.stationery |
612 | 1,779 | |||
| Accountancy | 750 | 500 | |||
| Bank charges | 92 | 35 | |||
| 2 097 | 2 736 | ||||
| Net (expenditure)/income | for the | (909) | |||
| peal | 4 525 |