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2023-06-30-accounts

Page
Report ofthe Trustees 1 to 2
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 6 to 12

2023 2022
Unrestricted Total
fund funds
Notes F. R
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 74,598 55,163
Other trading
activities		 5,347 3,604
Investment
income
Other income		 1,346
3.170		 ?9
Total 84,461 58,646
EXPENDITURE ON
Raising funds 1,025 8,309
Charitable
activities
Conferences
and meetings
Travel &subsistence
Bank charges		 17,192
2,792
67		 3,388
6,011
29
Foreign exchange differences
Affiliate fee
Accountancy
Independent
examination
Office and professional
costs
Relocation fees
Loss on disposal offixed asset		 1,484
4,474
2,572
1,600
12,215
(5,312)		 2,813
3,190
3,694
1,600
14,600
19,?81
53
Legalfees
Staff costs
Hire of plant and machinery
Depreciation
oftangible assets		 1,1'I3
60,015
1,237		 25,064
9,255
259
Other 276
Total 100,733 98,063
NET INCOME/(EXPENDITURE) (16,272) (39,217)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 409,249 448,466
TOTAL FUNDS CARRIED FORWARD 392,977 409,249

THE WAY INTERNATION AL
(UK) LTD (REGISTERED NUMB		 ER: 02943269)
BALANCE SHEET
30June 2023
2023 2022
Unrestricted Total
FIXEDASSETS Notes fundf fundsf
Tangible assets 13 973 1,232
CURRENT ASSETS
Stocks
Debtors
Gash at bank		 14
15		 8,876
3,530
385,347		 6,687
4,241
459,469
397,753 470,397
CREDITORS
Amounts
falling due within one year		 16 (5,749) (62,380)
NET CURRENT ASSETS 392,004 408,017
TOTAL ASSETS LESSCURRENT LIABILITIES 392,977 409,249
NET ASSETS 392,977 409,249
FUNDS 17
Unrestricted
funds		 392,977 409,249
TOTAL FUNDS 392,977 409,249

Raising donations and legacies and legacies and legacies
2023 2022
Bookstore and educational material 3,214 1,277
Other trading activities
2023 2022
E
Opening
stock		 6,687 13,719
Closing stock (8,876) (6,687)
(2,189) 7,032
Aggregate
amounts		 1,025 8,309
CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 8) Totals
6 F
Conferences
and meetings		 17,192 17,192
Travel 8 subsistence 2,792 2,792
Bank charges 67 67
Foreign exchange differences 1,484 1,484
Affiliate fee 4,474 4,474
Accountancy 2,572 2,572
Independent
examination		 1,600 1,600
Office and professional costs 12,215 12,215
Relocation fees
Legal fees		 (5,312)
1,113		 (5,312)
1,113
Staff costs 60,015 60,015
Hire of plant and machinery 'l,237 1,237
Depreciation
oftangible		 assets
259 259
96,688 3,020 99,708

SUPPORT COSTS
Governance
Management Finance costs Totals
E
Bank charges 67 67
Foreign exchange differences 1,484 1,484
Accountancy 2,572 2,572
Independent
examination		 1,600 1,600
Relocation fees
(5,312)		 (5,312)
Legalfees
1,113		 1,113
Hire of plant and machinery 1,237 1,237
Depreciation
oftangible assets		 259 259
NET INCOME/(EXPENDITURE)
Net income/(expenditure)
is stated after charging/(crediting):
2023 2022
E F
Depreciation
- owned assets		 259 276
Hire of plant and machinery 1,237
Deficit on disposal offixed assets 53
Independent
examination
fee		 1,600 1,600

2023 2022
E 6
Wages and salaries 52,356 9,255
Social security costs 5,915
Other pension costs 1,744
60,015 9,255
The average monthly number of employees during the year was as follows:
2023 2022
Administrative staff 1 1
No employees received emoluments in excess of 660,000.

12. CQMPARATIVES FOR THE ST ATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
5
INCOME AND ENDOWMENTS FRQM
Donations
and legacies		 55,163
Other trading
activities		 3,604
Investment
income		 79
Total 58,846
EXPENDITURE ON
Raising funds 8,309
Charitable
activities
Conferences
and meetings		 3,388
Travel 8 subsistence 6,011
Bank charges 29
Foreign exchange differences 2,813
Affiliate fee 3,190
Accountancy 3,694
Independent
examination		 1,600
Office and professional costs 14,600
Relocation fees 19,781
Loss on disposal offixed asset 53
Legal fees 25,064
Staff costs 9,255
Other 276
Total 98,063
NET INCOME/(EXPENDITURE) (39,217)
RECONCILIATION OF FUNDS
Total funds
brought		 forward 448,466
TOTAL FUNDS CARRIED FORWARD 409,249
13. TANGIBLE FIXED ASSETS
Computer
equipment
E
COST
At 1 July 2022 and 30 June 2023 1,297
DEPRECIATION
At1 July2022 65
Charge for year 259
At 30June 2023 324
NET BOOK VALUE
At 30June 2023 973
At 30 June 2022 1,232
Page 10 continued
..

14. STOCKS f or the Year Ended 3 0June 2023
2023 2022
p
Stocks 8,876 6,687
16. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YiEAR
2023
f		 2022
Other debtors 3,170
Prepayments 360 4,241
3,530 4,241
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
E
Pension Contribution 286
Other creditors 1,291 58,780
Accruals and deferred income 4,172 3,600
5,749 62,380
At the balance sheet date unpaid pension contribution amounts to 8286.19
17. MOVEMENT IN FUNDS
Net
movement At
At 1.7.22 in funds 30.6.23
f
Unrestricted funds
General fund 409,249 (16,272) 392,977
TOTAL. FUNDS 409,249 (16,272) 392,977
Net movement in funds, included in the above are as follows:
incoming Resources Movement
resources expended in funds
8 F
Unrestricted funds
General
fund		 84,461 (100,733) (16,272)
TOTAL FUNDS 84,461 (100,733) (16,272)

MOVEMENT MOVEMENT IN FUNDS - cont IN FUNDS - cont inued inued
Comparatives for movement in funds
Net
movement At
At 1.7.21 in funds 30.6.22
E F
Unrestricted funds
General fund 448,466 (39,217) 409,249
TOTAL FUNDS 448,466 (39,217) 409,249
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expanded in funds
E
Unrestricted funds
General fund 58,846 (98,063) (39,217)
TOTAL FUNDS 58,846 (98,063) (39,217)