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2022-12-31-accounts

Legal and Administrative Information. Information.
Report ofthe Trustees.
Independent
Examiner's		 Report..
Statement
of Financial Activities.
Balance Sheet.
Notes to the Financial Statements ..

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes E E E
Income and endowments from:
Donations
and legacies		 58,212 58,212 73,435
Other trading
activities		 198,901 198,901 159,583
Income from investments 138 138 5
Income from chartiable activites 533,956 533,956 476,123
Other income 1,461 1,461 1,849
Total income and endowments 792,668 792,668 710,995
Expenditure
on:
Raising funds 7 (105,133) (105,133) (76,738)
Charitable
activites		 8/9 (535,773) (535,773) (492,982)
Total expenditure (640,906) (640,906) (569,720)
Transfer between funds
Net income 151,762 151,762 141,275
Reconciliation
offunds
Total funds brought
forward		 1,667,054 7,719 1,674,773 1,533,498
Total funds carried forward 1,818,816 7,719 1,826,535 1,674,773

Notes 2022 2021
5
Fixed assets
Tangible assets 13 4,026,704 4,016,221
Current assets
Debtors 14 4,843 4,333
Other debtors 15 35,000
Cash at bank and in hand 132,200 129,998
172,043 134,331
Current
liabilities
Amounts
falling due within one year		 16 (101,603) (94,273)
Net current assets 70,440 40,058
Total assets less current liabilties 4,097,144 4,056,279
Long tenn liabities
Amounts
falling due after more than one year		 17 (2,270,609) (2,381,506)
Net assets 1,826,535 1,674,773
Funds
Restricted
funds		 18 7,719 7,719
Unrestricted
funds		 19 1,818,816 1,667,054
1,826,535 1,674,773

2 Donations and legacies
Unrestricted Restricted 2022 2021
funds funds Total Total
8 5 5 5
Donations - Leicester 5,676 5,676 327
Donations -Thomby 49,905 49,905 26,031
Grant income - Thornby 2,631 2,631 12,551
Grant income
—Leicester		 34,526
58,212 58,212 73,435
3 Income from other trading activities
Unrestricted Restricted 2022 2021
funds funds Total Total
5 8 8
Shop, cafe and artwork income 193,858 193,858 155,788
Fundraisin9 events 5,043 5,043 3,795
198,901 198,901 159,583
4 Income from investments
Unrestricted Restricted 2022 2021
funds funds Total Total
8 5 F
Bank interest receivable 138 138
138 138
5 Income from charitable activities
Unrestricted Restricted 2022 2021
funds funds Total Total
5 5 8 5
Income from rent and accommodation 302,852 302,852 280,628
Income from course and study fees 231,104 231,104 195,495
533,956 533,956 476,123

6 Other income Other income Other income
Unrestricted Restricted 2022 2021
funds funds Total Total
6 f
Miscellaneous income 1,461 1,461 1,849
1,461 1,461 1,849
7 Expenditure on raising funds
Unrestricted Restricted 2022 2021
funds funds Total Total
6 6 6
Shop, cafe and artwork costs 104,676 104,676 76,126
Fundraising costs 457 457 612
105,133 105,133 76,738
Included
in		 shop, cafe and artwork costs is f3,155 (2021: F3,566) which relates to the deprecation for the
Leicester centre and f10,975(2021:f10,917)which relates to the centre at Thornby.
Expenditure on charitable activities
Unrestricted Restricted 2022 2021
funds funds Total Total
f f f
Accommodation and education 483,696 483,696 441,741
Donations
to other NKT centres		 5,360 5,360 360
Support costs 29,900 29,900 23,992
Accountancy costs 3,315 3,315 5,389
VAT partial exemption restriction 13,502 13,502 21,500
535,773 535,773 492,982
Included
in accommodation
for the Leicester centre and		 and education
costs is f9,463
f32,925(2020:f32,752) which		 (2021:f10,698) which
relates to the centre at		 relates to the deprecation
Thornby.
Expenditure on charitable activities by activity type
Unrestricted Restricted 2022 2021
funds funds Total Total
f f f 6
Accommodation and education 483,696 483,696 471,122
Donations
to		 other NKT centres 5,360 5,360 360
489,056 489,056 471,482

Net income for the year for the year
This is stated after charging:
2022 2021
Depreciation 56,518 57,933
Employees
The average monthly number ofemployees during the year was as follows:
2022 2021
Number
ofemployees		 12 12
No employee received remuneration of more than F60,000 during the current or previous year.

Fixed assets
Fixtures,
Freehold fittings and Motor
property equipment Vehicles Total
5 6
Cost
At 1 January 2022 4,206,433 236,742 27,288 4,470,463
Additions 49,328 17,673 67,001
Disposals
At 31 December 2022 4,255,761 254,415 27,288 4,537,464
Depreciation
At 1 January 2022 248,212 186,013 20,017 454,242
Disposals
Charge for the year 42,377 12,324 1 81 56,518
At 31 December 2022 290,589 198,337 21,834 510,760
Net book value
At 31 December 2022 3,965,172 56,078 5,454 4,026,704
At 31 December 2021 3,958,221 50,729 7,271 4,016,221

14 Debtors
2022 2021
6 5
Trade debtors 2,583 2,159
Prepayments 2,260 2,174
4,843 4,333
15 Other debtors
Loan to KMC Plymouth 35,000
35,000

Creditors: am ounts
falling due		 within one yea r
2022 2021
f f
Bank loans and overdrafts 69,156 66,659
Trade creditors 24,845 23,804
VAT 5,102 369
Other creditors 2,500 3,441
101,603 94,273
The following liabilities disclosed under creditors falling due within one year are secured by the charity:
2022 2021
6
Bank loans and overdraits 69,156 66,659

Creditors: am ounts
falling due		 after more tha n one year
2022 2021
6 5
Bank loans and overdraRs 2,093,248 2,162,403
Other creditors 177,361 219,103
2,270,609 2,381,506
The following liabilities disclosed under creditors falling due after one year are secured by the charity.
2022 2021
8 f
Bank loans and overdraRs 2,093,248 2, 162,403

Balance at Balance at
1 January 31 December
2022 Income Expenditure Transfer 2022
5 8 8 8
Art Workshop 7,719 7,719
7,719 7,719

Balance at Balance at
1 January 31 December
2022 Income Expenditure 2022
f 6
General fund 1,667,054 792,668 (640,906) 1,818,816
1,667,054 792,668 (640,906) 1,818,816

fixed assets
f		 (liabilities) liabilites
f		 Total
5
Restricted funds:
Art Workshop 7,719 7,719
Unrestricted funds 4,026,704 62,721 (2,270,609) 1,818,816
Total funds 4,026,704 70,440 (2,270,609) 1,826,535