| Page | ||||||
|---|---|---|---|---|---|---|
| Reference | and administrative | details ofthe | company', | its Trustees and advisers | ||
| Trustees' | report | 2-5 | ||||
| Trustees' | responsibilities statement |
|||||
| independent auditors' |
report | on the financial | statements | 7-11 | ||
| Statement | offinancial | activities | 12 | |||
| Balance sheet | 13 | |||||
| Statement | ofcash flows | 14 | ||||
| Notes to the financial | statements | 15-25 |
| Unrestricted | Restricted | Total | Tofal | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | |||||||
| Income from: | |||||||
| Charitable activities |
3 | 101,648 | 41,091 | 142,739 | 12,602 | ||
| Total income | 101,648 | 41,091 | 142,739 | 12,602 | |||
| Expenditure on: |
|||||||
| Charitable activities |
86,060 | 61,202 | 147,262 | 108,912 | |||
| Total expenditure | 86,060 | 61,202 | . | 147,262 | 108,912 | ||
| Net movement in funds |
15,588 | (20,111) | (4,523) | (96,310) | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 238,23'7 | 320,486 | 558,723 | 655,033 | ||
| Net movement in funds |
15,588 | (20,111) | (4,523) | (96,310) | |||
| Total funds carried forward | 253,825 | 300,375 | 554,200 | 558,723 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Tangible assets | 383,702 | 220,907 | |||||
| 383,702 | 220,907 | ||||||
| Current assets | |||||||
| Debtors | 30,070 | 27,031 | |||||
| .Cash at bank | and in | hand | 164,964 | 331,345 | |||
| 195,034 | 358,376 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | (24,536) | (20,560) | |||||
| Net current | assets | 170,498 | 337,816 | ||||
| Total assets | less current liabilities | 554,200 | 558,723 | ||||
| Total net assets | 554,200 | 558,723 | |||||
| Charity funds | |||||||
| Restricted funds | 12 | 300,375 | 320,486 | ||||
| Unrestricted | funds | 12 | 253,825 | 238,237 | |||
| Total funds | 554,200 | 558,723 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Cash flows from operating | activities | ||||
| Net cash provided by operating activities |
74,815 | (33,445) | |||
| Cash flows from investing | activities | ||||
| Proceeds from the sale oftangible fixed |
assets | 42,711 | |||
| Purchase oftangible fixed assets | (241,196) | (41,119) | |||
| Net cash (used in)/provided | by investing | activities | (241,196), | 1,592 | |
| Change in cash and cash |
equivalents | in | the year | (166,381) | (31,853) |
| Cash and cash equivalents | at the beginning | ofthe year | 331,345 | 363,198 | |
| Cash and cash equivalents | at the end | of | the year | 164,964 | 331,345 |
| The notes on pages 15to 25 form part ofthese financial statements |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| Grant funding | (74,967) | (74,967) | |
| Meetings income |
82,921 | 82,921 | |
| Course fee income | 4,125 | 4,125 | |
| Other income | 523 | 523 | |
| Total 2021 | 87,569 | (74,967) | 12602 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| R | ||||
| Educational | activities | 86,060 | 61,202 | 147,262 |
| Unrestricted | Restricted | Total |
|---|---|---|
| funds | funds | funds |
| 202'l | 2021 | 2021 |
| 56,038 | 52,874 | 108,912 |
| Educational | Total | ||||
|---|---|---|---|---|---|
| activities | funds | ||||
| 2022 | 2022 | ||||
| R | F | ||||
| Course materials | 777 | 777 | |||
| Catering | 796 | 796 | |||
| 1,573 | 1,573 | ||||
| Educational | Total | ||||
| activities | funds | ||||
| 2021 | 2021 | ||||
| Course materials | 120 | 120 | |||
| 6. | Support | costs | |||
| Educational | Educational | ||||
| activities | activities | ||||
| 2022 | 2021 | ||||
| Salary recharges | 2,174 | 1,674 | |||
| Management | fees | 13,680 | 13,680 | ||
| Equipment | maintenance | 11,550 | 5,866 | ||
| Building maintenance | 15,060 | ||||
| Insurance | 12,775 | '/2,274 | |||
| Other costs | 7,129 | 5,206 | |||
| Auditors | remuneration | 4,920 | 4,740 | ||
| Disposal | of | fixed assets | 360 | ||
| Depreciation | 78,041 | 65,352 | |||
| 145,689 | 108,792 |
| Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Depreciation | Other | costs | funds | |||||
| 2022 f |
2022 | 2022 | ||||||
| Educational activities |
78,041 | 67,648 | 145,689 | |||||
| Total | ||||||||
| Depreciation | Other | costs | funds | |||||
| 2021 | 2021 | 2021 | ||||||
| Educational activities |
65,209 | 43,703 | 108,912 | |||||
| 8. | Net income/(expenditure) | |||||||
| This is | stated after charging: | |||||||
| 2022 | 2021 | |||||||
| F | ||||||||
| Depreciation oftangible fixed assets: |
||||||||
| -owned | by the charity | 78,041 | 65,209 | |||||
| During | the year, no Trustees received any remuneration | (2021 - ENil) | ||||||
| During During |
the year, no Trustees received any benefits in kind (2021 - ENil) the year, no Trustees received any reimbursement ofexpenses (2021 - fNil) |
| Leasehold | |||||
|---|---|---|---|---|---|
| Improve- | |||||
| ments | Equipment | Total | |||
| Cost or valuation | |||||
| At 1 April 2021 | 21,213 | 703,658 | 724,871 | ||
| Additions | 241,196 | 241,196 | |||
| Disposals | (291,554) | (291,554) | |||
| At 31 March 2022 | 21,213 | 653,300 | 674,513 | ||
| Depreciation | |||||
| At 1 April 2021 | 9,720 | 494,244 | 503,964 | ||
| Charge for the year | 1,010 | 77,031 | 78,041 | ||
| On disposals | (291,194) | (291',194) | |||
| At 31 March 2022 | 10,730 | 280,081 | 290,811 | ||
| Net book value | |||||
| At 31 March 2022 | 10,483 | 373,219 | 383,?02 | ||
| At 31March 2021 | 11,493 | 209,414 | 220,907 | ||
| 10. | Debtors | ||||
| 2022 | 2021 | ||||
| Trade debtors | 15,006 | 13,820 | |||
| Prepayments and accrued income |
15,064 | 13,211 | |||
| 30,070 | 27,031 | ||||
| 11. | Creditors: Amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| E | |||||
| Accruals and deferred | income | 24,536 | 20,560 |
| Statement offund | s - curr | ent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 March | |||||
| April 2021 f |
Income f |
Expenditure | 2022f | |||
| Designated funds |
||||||
| Designated Funds |
3,512 | (2,1?4) | 1,338 | |||
| General funds | ||||||
| General Funds |
234,725 | 101,648 | (83,886) | 252,487 | ||
| Total Unrestricted | funds | 238,237 | 101,648 | (86,060) | 253,825 | |
| Restricted funds | ||||||
| GP VTS restricted | fund | 23,185 | (796) | 22,389 | ||
| Innovation and development |
funds | 8,792 | 41,091 | (3,940) | 45,943 | |
| SIM development | funds | 204,931 | (51,393) | 153,538 | ||
| Training and development |
funds | 83,578 | (5,0?3) | 78„505 | ||
| 320,486 | 41,091 | (61,202) | 300,375 | |||
| Total offunds | 558,723 | 142,739 | (147,262) | 554,200 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 31March | |||||
| 1 April 2020 | Income | Expenditure | 2021 | |||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Designated Funds |
5,186 | (1,674) | 3,512 | |||
| General funds | ||||||
| General Funds |
201,520 | 87,569 | (54,364) | 234,725 | ||
| Total Unrestricted | funds | 206,706 | 87,569 | (56,038) | 238,237 | |
| Restricted funds | ||||||
| GP VTS restricted | fund | 13,185 | 'l0,000 | 23,185 | ||
| Innovation and development |
funds | 30,600 | (19,640) | (2,168) | 8,792 | |
| SIM development | funds | 254,565 | (49,634) | 204,931 | ||
| Training and development |
funds | 'l49,977 | (65,327) | (1,072) | 83,578 | |
| 448,327 | (74,967) | (52,874) | 320,486 | |||
| Total offunds | 655,033 | 12,602 | (108,912) | 558,723 |
| Analysis | of n | et asse | ts | between funds - cur |
rent year | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | |||||
| 'Z | |||||||
| Tangible | fixed | assets | 175,862 | 207,840 | 383,702 | ||
| Current | assets | 102,499 | 92,535 | 195,034 | |||
| Creditors | due | withir'i | one | year | (24,536) | (24,536) | |
| Total | 253,825 | 300,375 | 554,200 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| Tangible | fixed | assets | 22,956 | 197,951 | 220,907 |
| Current | assets | 235,841 | 122,535 | 358,376 | |
| Creditors | due | within one year | (20,560) | (20,560) | |
| Total | 238,237 | 320,486 | 558,723 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Net expenditure for |
the year (as per Statement of Financial | Activities) | (4,523) | (96,310) | |
| Adjustments for: |
|||||
| Depreciation charges |
78,041 | 65,209 | |||
| I oss on the sale of | fixed assets | 360 | 143 | ||
| (Increase)/Decrease | in debtors | (3,039) | (5,233) | ||
| Increase/(Decrease) | in creditors | 3,976 | 2,746 | ||
| Net cash provided | by/(used in) operating |
activities | 74,815 | (33,445) |
| ,2022 | 2021 | |||
|---|---|---|---|---|
| Cash in hand | 164,964 | 331,345 | ||
| Total cash and cash | equivalents | 164,964 | 331,345 | |
| 16. | Analysis ofchanges | in net debt |
| At 1 April | At 31 March | |||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | Cash flows | 2022 | ||||||
| F | ||||||||
| Cash | at | bank | and | in | hand | 331,345 | (166,381) | 164,964 |
| 331,345 | (166,381) | 164,964 |