2023-03-31-accounts - Purple Oak Support

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				Purple Oak Support	Purple Oak Support	Purple Oak Support
TABLE OF CONTENTS								gg4i	Purple Oak Support
SECTION 1 - LEGAL ND ADMINSTRATIVE INFO			ATION		—— ——————		4
SECTION 2 TRUSTEES REPORT INCLUDING		DIRECTORS REP RT				OR THE YEAR ENDING		31st MARCH 2023		.	. .5
1.	The Account Ob acts Public Benefit	and	Pur	ose
2.	Structure Governance and Mana ement—
3.	Statement ofTrustees Res onslbllities
4.	Alms and Achievements. —
	ress rers Financial Review-
											—
6.	~Aud't—										- 10
SECTI	N3- INDEPENDENT AUDITORS REPORT		TO THE MEMBERS			OF PURPLE OAK SUPPORT-
1.	~oinion
2.	~BI I
3.	3
4.	Other Information-										— -12
S.	0 inlonsonOtherMattersPrescribedb		theCom		aniesAct2006-						—————-12
6.	MattersonWhlchweareRe uiredtoRe		ortb	Exce tion-							12
7.	Res onsibllltles ofthe Trustees --—-										13
8.	Auditor's res onsibiBtles for the audit	ofthe financial statements-
SECTION4-THE ACCOUNTS-											——16
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT								FOR THE YEAR ENDED 31MARCH 2023-16
BALANCE SHEETAS AT 313' MARCH 2023-											17
STATEMENT OF CASH FLOWS FOR THE YEAR		ENDED 3132 MARCH 2023									————18
NOTES TO THE FINANCIAL STATEMENTS FOR		THE YEAR ENDED 31				MARCH 2023--					19
A~IP II I 1.1 A~id K											19 19
1.2 1.3	~G' 1 ~IR										19 19
I.d	~R«E dd										20
Pur le Oak Su ort —Annual Re ort		and Financial Statements								Page 2 of30

		Notes	Unrestricted	Designated	Restricted	Total	Total
			Funds	Funds	Funds	2023	2022
				E	E		E
Income and endowments	from:
Donations and Legacies		3	11,769			11,769	98,397
Charitable activities income		4	4,236,395	7,637		4,244,032	2,410,019
Other Trading Activities		5	52,182			52,182	54,151
Total Income			4,300,346	7,637	0	4,307,983	2,562,567
~Edi1
Raising funds		6	1,986		0	1,986	6,998
Charitable activities		7	4,165,853	136,536		4,302,389	2,472,334
Total Resources Expended			4,167,839	136,536	0	4,304,375	2,479,332
Net Movement in Funds			132,507	(128,899)	0	3,608	83,235
Fund Balances 1April 2022			726,735	1,826,370	6,161	2,559,266	2,476,031
Fund Balance 31March 2023			859,243	1,697,471	6,161	2,562,874	2,559,266

				Purple Oak Support	Purple Oak Support	Purple Oak Support		l'~(Zi	Purple Oak
								7g	support
BALANCE SHEET AS AT		31	INARCH 2023
						2023			2022
			Notes					6
Fixed Assets
Tangible Assets				10		2,524,951			2,592,080
Current assets
Debtors				11	515,659			268,442
Cash at bank and in	hand				160,045			222,646
					675,704			491,088
Creditors: Amounts	falling
due within one year				12	(362,001)			(235,534)
Net Current Liabilities						313,703			255,554
Total Assets less Current Uabilities						2,838,654			2,847,634
Creditors: amounts	falling
due after more than	one year			13		(275,780)			(288,368)
Net Assets						2,562,874			2,559,266
Income Funds
Restricred Funds				20		6,161			6,161
Designated Funds				21	1,697,471			1,826,370
General unrestricted	funds				859,242			726,735
						2,556,713			2,553,105
						2,562,874			2,559,266
The accounts were approvedbythe				Trustees on		3 X /9	~,(-	2tp2 1
Mrs Ann Woods - Chair
Trustee+~g						Company	Registration		No. 02962601
Purple Oak Support	—Annual	Report		and Financial Statemente					Page 17of30

		Purple Oak Support	Purple Oak Support		4y"i Purple Oak 7g Support	4y"i Purple Oak 7g Support	4y"i Purple Oak 7g Support
STATEMENT OF CASH	FLOWS FOR THE		YEAR ENDED 31
MARCH 2023
				2023			2022
		Notes				g	6
Cash Flows from operating activities
Cash absorbed by operations			15	(46,011)			67,654
Investing activities
Purchase oftangible fixed assets			(4,829)			(40,780)
Proceeds on disposal oftangible
fixed assets
Net cash generated from	investing
activities				(4,829)			(40,780)
Financing activities
Repayment of bank loans			(11,761)			(11,230)
Net cash used in financing	activities			(11,761)			(11,230)
Net increase/(decrease)	in cash
and cash equivalents				(62,601)			15,644
Cash and cash equivalents	at	the
beginning ofthe year				222,	646		207,002
Cash and cash equivalents	at	the
end ofyear				160,045			222,646
Relating to:
Bank balances and short term
deposits				160,045			222,646
Bank Balance /(overdraft)					0		0
Purple Oak Support —Annual		Report and Financial Statements				Page	18of30

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			Purple Oak	Support	4g&"~	Purple Oak Support
8	Support costs
			Support	Governance
			costs	costs	2023	2022
			f		f	f
	Aministration
	expenses		29,245		29,245	14,621
	Legal and professional	fees	383		383	2,184
	External Services (IT,	H85 and HR)	65,827		65,827	32,428
	Bank Charges		1,709		1,709	1,667
	Bank Interest		15,609		15,609	16,344
	Insurance		18,619		18,619	16,885
	Regulatory fees		35		35	83
	Other Costs		5,231		5,231	51,224
	Audit fees			4,710	4,710	4,560
			136,658	4,710	141,368	139,996

		Purple	Oak Support	Oak Support	ggg'ds	Purple Oak Support	Purple Oak Support
10Tangible Fixed Assets
			Freehold Land		Fixtures, fittings	Total
			and Buildings		and equipment
			(including
			programme	related
			investments)
Cost
At 1April 2022			3,329,186		225,787	3,554,973
Additions				0	4,829	4,829
Disposals				0	0	0
At 31March	2023		3,329,186		230,616	3,559,802
Depreciation	and impairment
At 1April 2022				763,129	199,764	962,893
Depreciation	in the year			65,196	6,762	71,958
Disposals				0	0	0
At 31March	2023			828,325	206,526	1,034,851
Carrying Amount
At 31March	2023		2,500,861		24,090	2,524,951
At31March	2022		2,566,057		26,023	2,592,080
11Debtors
					2023	2022
					f	f
Amounts falling due within one		year:
Trade Debtors					217,872	142,028
Other Debtors					0		0
Prepayments and	accrued income				297,787	126,414
					515,659	268,442
Purple Oek Support —Annual Report		and Financial Statements				Page 25 of	30