## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year|ended 31March|2023||||| |---|---|---|---|---|---|---| ||||Llnrestricted|Restricted||| ||||funds|funds|Total funds|Total funds| ||||2023|2023|2023|2022| |||Notes|E|E|E|E| |Income and|endowments|||||| |from:||||||| |Donations|and legacies|||||| |Charitable|acuwties||44,079|287,928|332,007|334,671| |Total|||44,079|287,928|332,007|334,671| |Expenditure|on:|||||| |Charitable|activities||49,854|264,666|314,520|282,536| |Total|||49,854|264,666|314,520|282,536| |Net gams on|investments|||||| |Net income|||(5,775)|23,262|17,487|52,135| |Transfers between
funds|||27,833|(27,833)||| |Net income
gains/(losses)|before other||22,058|(4,571)|17,487|52,135| |Other gains|and losses|||||| |Net movement
in funds|||22,058|(4,571)|17,487|52,135| |Reconciliation
of funds:||||||| |Total funds brought
forward|||119,750|72,206|191,956|139,821| |Total funds|carried forward||141,808|67,635|209,443|191,956| ||2023|2022| |---|---|---| |income|332,007|334,671| |Gross income for the year|332,007|334,671| |Expenditure|314,520|282,536| |Total expenditure
for the year|314,520|282,536| |Net mcome before tax for the year|17,487|52,135| |Net income for the year|17,487|52,135| |at 31March 202|3|3|3|||| |---|---|---|---|---|---|---| |Company
No.|02889356|||Notes|2023|2022| |Fixed assets||||||| |Tangible assets||||||| |Current assets||||||| |Debtors||||10|2,066|9,167| |Cash at bank|and||in liand||236,517|205,345| ||||||238,583|214,512| |Creditors: Amount||falhr g due within one year|||j29,142)|(22,557)| |Net current assets|||||209,441|191,955| |Total assets less|current liabilities||||209,443|191,956| |Net assets excluding|||pension asset or liability||209,443|191,956| |Total net assets|||||209,443|191,956| |The funds of the|«haritv|||||| |Restricted funds||||12||| |Restricted
income|||funds||67,635|72,206| ||||||67,635|72,206| |Unrestricted
funds||||12||| |General funds|||||141,808|119,750| ||||||141,808|119.750| |Reserves||||12||| |Total funds|||||209,443|191,956| ## ## ## |Republic o|f Ireland
(FRS 102)and the Companies
Act 2006.|f Ireland
(FRS 102)and the Companies
Act 2006.||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Change
in|basis ofaccounting
orto previous
accounts|||||||||||| |There has been no||change to the accountmg
policies (valuation
rules and method||||of accounting)|||since|||| |last year and no changes
have been made to accounts for previous|||years|||||||||| |Fund accounting||||||||||||| |Unrestricted
funds||These are available
for use at the discretion|of the uustees|||in furtherance|||of|the||| |||general obiects ofthe charity||||||||||| |Designated|funds|These are unrestncted
funds earmarked
by|the trustees|for particular|||purposes|||||| |Revaluation|funds|These are unrestncted
funds which include|a revaluation||reserve representmg||||||the|| |||restatement
of investment
assets at their market values.||||||||||| |Restncted|funds|These are available
for use subiect to restrictions
imposed||||by the donor||or|through|||| |||terms ofan appeal.||||||||||| |Income||||||||||||| |Recognition|of|Income
is mcluded
in the Statement
of Financial
Activities||||(SoFA) when|the||chanty|||| |mcome||becomes entitled
to, and virtually
certain to receive, the||income and the||||amount||||of| |||the mcome can be measured
with suffioent|rehabihty.|||||||||| |Income with related||Where income has related expenditure
the|income and|related expenditure||||||is||| |expenditure||reported
gross m the SoFA.||||||||||| |Donations|and|Voluntary
income received
by way of grants,|donations
and gifts is mcluded||||||in||the|| |legacies||the SoFA when receivable
and
only when the Chanty
has|||unconditional|||||||| |||entitlement
to the income.||||||||||| |Tax reclaims on||Income from tax reclaims
is included
in the|SoFA at the same time as the|||||||||| |donations|and gifts|gift/donation
to which
it relates.||||||||||| |Donated services||These are only mcluded
in income (with an equivalent
amount
in expenditure)||||||||||| |and Facilities||where the benefit to the Chanty
is reasonably
quantifiable,||||measurable||and||||| |||material.||||||||||| |Volunteer|help|The value ofany volunteer
help received
is not included||m||the accounts.||||||| |Investment|income|This is included
m the accounts when receivable.||||||||||| |Gains/(losses)
on||This mcludes
any gain or loss resultmg
from|revalumg
mvestments
to market|||||||value||| |revaluation|offixed|at the end of the year||||||||||| |assets||||||||||||| |Gains/(losses)
on||This mcludes
any gam or loss on the sale of|mvestments.|||||||||| |investment|assets|||||||||||| |Werneth
&Freehold|Werneth
&Freehold|Werneth
&Freehold|Community
Development
Project|Community
Development
Project|||| |---|---|---|---|---|---|---|---| |Notes to the Accounts|||||||| |Expenditure|||||||| |Recognition||ol||Expenditure
is recognised
on an accruals basis
Expenditure
include~|||any yAt which| |expenditure||||cannot be fully recovered,
and is reported
as part of the expenditure|||to which
it| |||||relates.|||| |Expenditure||on||These compnse the costs assoaated
with attracting|voluntary|mcome, fundraismg|| |raising funds||||trading costs and investment
management
costs.|||| |Expenditure||on||These compnse the costs incurred
by the Chanty
in|the dehvery of its activities and||| |charitable|actiwties|||serwces
m the furtherance
of its objects, includmg|the makmg|ofgrants
and|| |||||governance
costs|||| |Grants payable||||All grant expenditure
is accounted
for on an actual|paid basis|plus an|accrual for| |||||grants that have been approved
by the trustees
at|the end of|the year but not yet|| |||||paid|||| |Governance||costs||these include those costs associated with meetmg|the constitutional||and statutory| |||||requirements
of the Charity,
including
any audit/mdependent||examination
fees,|| |||||costs Imked to the strategic management
of the Charity, together
with a share of|||| |||||other administration
costs.|||| |Other expenditure||||These are support costs not allocated to a particular|activity.||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3
Statement
of Financial||Activities
- prior year|||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|| ||||funds|funds|Total funds| |Income and endowments|from;||||| |Chantable
actwities|||41,414|293,257|334,671| |Total|||41,414|293,257|334,671| |Expenditure
on|||||| |Chantable
actiwties|||29,806|252,730|282,536| |Total|||29,806|252,730|282,536| |Net income|||11,608|40,527|52,135| |Net income before other|||||| |gains/(losses)|||11,608|40,527|52.135| |Other gains and losses:|||||| |Net movement
in funds|||11,608|40,527|52,135| |Reconciliation
offunds:|||||| |Total funds brought
forward|||48,153|91,668|139,821| |Total funds carried forward|||59,761|132,195|191,956| |Income from donations||and legacies|||| |||||Total|| |||||2023|| ## |||Unrestricted|Restricted|Total| |---|---|---|---|---| |||||2023| |Oldham|M BC . mani service|||| |pi'ovisioli||44,079||44,079| |Panda Preschool|||197,555|197,555| |Other projects and services|||90,373|90,373| |||44,079|287,928|332,007| ## ## |6|Expenditure|on charitable|activities||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|| |||||||2023|| ||Expenditure|on chonroble|||||| ||ocrlliirles||||||| ||Oldham
MBC - mam service||||||| ||provision|||49,854||49,854|| ||Panda Preschool||||198,306|198,306|| ||Other projects and services|||0|66,360|66,360|| ||Governance|cosrs|||||| |||||49,854|264,666|314,520|| |7|Net income|before transfers|||||| ||||||2023||| ||This is stated|after chargmg:|||E||| ||Independent|Exammer's|lee||950||| |8|Staff costs||||||| ||No employee|received emoluments||in excess of E60,000.|||| |9|Tangible
fixed assets||||||| ||||||Fixtures,||| ||||||Fittings, &||Total| ||||||Equipment||| ||||||E||| ||Cost or revaluation||||||| ||At 1 Apnl 2022||||25,217|25,217|50,434| ||At 31March|2023|||25,217|25,217|50,434| ||Depreciation|and|||||| ||impairment||||||| ||At 1Apnl 2022||||25,216|25,216|50,432| ||At 31March|2023|||25,216|25,216|50,432| ||Net book values||||||| ||At 31March|2023|||||| ||At 31March|2022|||||| |10|Debtors||||||| ||||||2023||2022| ||||||E||E| ||Trade debtors||||385||300| ||Prepayments|and accrued|income||1,681||8,867| ||||||2,066||9,167| ## ## |Not
11|es to the Accounts
Creditors:|es to the Accounts
Creditors:||||| |---|---|---|---|---|---|---| ||amounts
falhng due within one year|||||| |||||2023||2022| |||||E||E| ||Trade creditors|||6,997||4.194| ||Other creditors|||20,686||16,906| ||Accruals|||1,451||1,450| ||Deferred income|||7||7| |||||29,141||22,557| |12|Movement
in funds|||||| ||||Incoming|||| ||||resources|Resources|Gross|At 31| |||At 1April|(including
other|expended|transfers|March
2023| |||2022|gains/losses)|||| ||||E|||| ||Restricted funds:|||||| ||Restricted income funds:|||||| ||Panda Preschools|68,423|197.555|(198,306)|(20,000)|47,672| ||Small Grants|1,355|2,000|(2,319)||1,036| ||FCHO & Cost of Living &|||||| ||Action iogether|1,183|15,750|(14,173l|(2,833)|(73)| ||Digital Inclusion|1,245|6,900|(3.098l|(1,000)|4,047| ||Resilience
Fund||12,000|||12,000| ||ODAP||25,723|(23,330)|(2,400)|(7)| ||NLDC Life Long learnmg||3,500|(477)||3,023| ||One Oldham||24,500|(22,963)|(1,600)|(63)| ||total|72,206|287,928|(264,666l|(27,833)|67,635| ||Unrestricted
funds.|||||| ||General funds|119,750|44,079|(49,854)|27,833|141,808| ||Total funds|191,956|332,007|(314,520)||209,443| ## ## |13|Analysis of net|assets between
funds|||| |---|---|---|---|---|---| |||||Unrestricted|| ||||||Total| |||||funds|| |||||E|E| ||Fixed assets|||1|1| ||Net current assets|||209,442|209,442| |||||209,443|209,443| |14|Reconciliation|of net debt|||| ||||||At 31| ||||At 1April||March| ||||2022|Cash flows|2023| ||||E|E|E| ||Cash and cash|equivalents|?05,345|31,172|236,517| ||||205,345|31,172|236,517| ||Net debt||205,345|31,172|236,517| ## |Annual
c|ommitments
under non-cancellable|operating
leases are|as follows.| |---|---|---|---| |||2023|2023| |||Land and|| ||||Other| |||buildings|| |||E|| |Operating|leases with expiry date.||| |Within|one year||360| ||||360| ## |for the year ended|31M|ar|ch 2023|||| |---|---|---|---|---|---|---| |||||Unrestricte|Restricted|| |||||d funds|funds|Total funds| |||||2023|2023|2023| |||||E|E|E| |Income and endowments|||from:|||| |Chantaole
actwitieS||||||| |Oldham
MBC - mam service||||||| |pl'ovlslon||||44,079||44,079| |Panda Preschool|||||197,555|197,555| |Other prolects and|sennces||||90,373|90,373| |||||44,079|287,928|332,007| |Total income and endowments||||44,079|287.928|332,007| |Expenditure
on:||||||| |Chantable
activities||||||| |Oldham
MBC - mam service||||||| |pl ovlslon||||49,854||49,854| |Panda Preschool|||||198,306|198,306| |Other proiects and|services|||0|66,360|66,360| |||||49,854|264,666|314,520| |Total ofexpenditure
activities|on|charitable||49,854|264,666|314,520| |General
administrative||costs,||||| |including
depreciation||and||||| |amortisauon||||||| |Depreciation
ofFixtures,|||Fittings,|||| |& Equipment||||||| |Total expenditure||||49,854|264,666|314,520| |Net gains on investments||||||| |Net income||||(5,775(|23,262|17,487| |Transfers between|funds|||27,833|(27,833)|| |Net income before|other|||||| |gains/(losses)||||22,058|(4,571(|17,487| |Other Gains||||||| |Net movement
in funds||||22,058|(4,571(|17,487| |Reconciliation
offunds:||||||| |Total funds brought
2077|foiward from|||119,750|72,206|191,956| |Total funds carried|forward|||141,808|67,635|209,443|