OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Page
Reference and administrative details ofthe Company, its Trustees and advisers
Trustees'
report		 2-5
Independent auditors'
report		 on the financial statements 6-9
Consolidated statement
offinancial activities		 10
Consolidated balance sheet 11 - 12
Company
balance sheet		 13-14
Consolidated statement
ofcash flows		 15
Notes to the financial statements 16-34

Unrestricted Restricted Total Total
funds funds funds funds
2022 2022 2022 2021
Note 5
Income from:
Donations
and legacies		 1,520
Other trading activities 1,266,209 1,266,209 1,177,061
Investments 15 15 119
Other income 3,928 3,928 73,596
Total income 1,270,137 15 1,270,152 1,252,296
Expenditure
on:
Raising funds 7 910,254 500 910,754 917,037
Charitable
activities		 6 390 390 6,920
Total expenditure 910,644 500 911,144 923,957
Net movement in funds 359,493 (485) 359,008 328,339
Reconciliation offunds:
Total funds brought forward 3,910,863 63,608 3,974,471 3,646,132
Net movement in funds 359,493 (485) 359,008 328,339
Total funds carried forward 4,270,356 63,123 4,333,479 3,974,471

COMPANY BALANCE SHEET COMPANY BALANCE SHEET
ASAT 31 MARCH 2022
Note 2022f 2021f
Fixed assets
Tangible assets 13 12,870 12,870
Investments 14 4,202,292 3,840,149
4,215,162 3,853,019
Current assets
Debtors 16 43,040 45,799
Cash at bank and in hand 75,308 82,529
118,348 128,328
Creditors: amounts falling due within one
year 17 (30) (6,875)
Net current assets 118,318 121,453
Total net assets 4,333,480 3974472
Charity funds
Restricted funds 19 63,123 63,608
Unrestricted
funds		 19 4,270,357 3,910,864
Total funds 4,333,480 3,974,472

2022 2021
Cash flows from operating activities
Net cash used
in operating		 activities 500,666 488,079
Cash flows from investing activities
Interest receivable (15) (119)
Purchase oftangible
fixed assets		 (23,605) (5,814)
Net cash used in investing activities (23,620) (5,933)
Cash flows from financing activities
Net cash provided
by financing
activities
Change
in cash and cash		 equivalents in the year 477,046 482,146
Cash and cash equivalents at the beginning ofthe year 573,004 90,858
Cash and cash equivalents at the end of the year 1,050,050 573,004
The notes on pages 16to 34form part ofthese financial statements

Charity trading income
Total 2021
Unrestricted Total Total
funds funds funds
2022f 2022
F		 2021f
1,266,209 1,266,209 1,177,061
1,177,061 1,177,061

Restricted Total Total
funds funds funds
2022f 2022f 2021f
15 15 119
119 119

Unrestricted Total Total
funds funds funds
2022 2022 2021
6 6
Government grants receivable 3,928 3,928 60,596
Other income 13,000
3,928 3,928 73,596
Total 2021 73,596 73,596

Unrestricted Total Total
funds funds funds
2022f 2022f 2021
Cost ofsales and administrative expenses 798,634 798,634 797,413
Depreciation 111,620 111,620 119,275
910,254 910,254 916,688
Total 2021 916,688 916,688

Unrestricted Restricted
funds funds Total Total
2022f 2022f 2022 2021f
General fund 390 390 6,420
Basingstoke Breast Cancer self help group 500
390 390 6,920
Total 2021 6,420 500 6,920

Grant
funding
of		 Support Total Total
activities costs funds funds
2022f 2022 2022
Z		 2021f
General fund 390 390 6,420
Basingstoke Breast Cancer self help group 500
390 390 6,920
Total2021 500 6,420 6,920

2022
6		 2021f
Fees payable to the Company's auditor for the audit ofthe Company's
annual accounts 5,555 5,546
Fees payable to the Company's auditor in respect of:
Audit ofthe subsidiary annual accounts 5,370 5,530
All non-audit
services		 not included
above		 680 646

Group Group
2022
6		 2021
f
Wages and salaries 328,386 390,675
Social security costs 27,138 35,426
Contribution to defined contribution pension schemes 5,757 9,056
361,281 435,357
Group Group
2022 2021
Employees 13 16
The number of Group employees whose employee benefits (excluding employer
pension		 costs)
exceeded 660,000was:
Group Group
2022 2021
In the band f70,001 - 680,000 1 f

Long-term Plant,
leasehold machinery
&
ProPerty fixtures Total
6 6
Cost or valuation
At 1 April 2021 4,403,885 1,573,878 5,977,763
Additions 23,605 23,605
At 31 March 2022 4,403,885 1,597,483 6,001,368
Depreciation
At 1 April 2021 1,170,910 1,342,031 2,512,941
Charge for the year 38,936 72,687 111,623
At 31 March 2022 1,209,846 1,414,718 2,624,564
Net book value
At 31 March 2022 3,194,039 182,765 3,376,804
At 31March 2021 3,232,975 231,847 3,464,822

Fixtures,
fittings &
equipment
E
Cost or valuation
At I April 2021 13,350
At 31 March 2022 13,350
Depreciation
At 1 April 2021 480
At 31 March 2022 480
Net book value
At 31 March 2022 12,870
At 31March 2021 12,870

Investments
In
subsidiary
company
Company 6
Cost or valuation
At 1 April 2021 5,733,969
At 31 March 2022 5,733,969
Impairment
At 1 April 2021 1,893,820
Reversal ofimpairments (362,143)
At 31 March 2022 1,531,677
Net book value
At 31 March 2022 4,202,292
At 31March 2021 3,840,149

Name Company Registered office or principal Principal activity Principal activity Principal activity
number place ofbusiness
The Ark Conference Centre 03683701 Dinwoodie Drive, Basingstoke, Provision ofa facility
Limited Hampshire, RG24 9NN for conferencing and
training in the field of
medicine
Class of Holding Included in
shares consolidation
Ordinary 100% Yes
The financial
results		 ofthe subsidiary
for		 the year were:
Name Income Expenditure Profit for Net assets
5 8 the year 5
E
The Ark Conference Centre Limited 1,272,397 (910,254) 362,143 4,202,293
15. Stocks
Group Group
2022
5		 2021
f
Finished goods and goods for resale 10,520 8,847

Group Group Company Company
2022f 2021f 2022f 2021f
Due within one year
Trade debtors 10,386 5,944
Other debtors 4,779 3,809
Prepayments and accrued income 18,400 15,851 43,040 45,799
33,565 25,604 43,040 45,799

Group Group Company Company
2022f 2021 2022f 2021
Trade creditors 31,931 23,099
Other taxation and social security 8,016 9,145
Other creditors 1,290 1,490
Acciuals and deferred income 96,223 64,071 30 6,875
137,460 97,805 30 6,875

Group Group
2022f 2021f

Statemen t o ffunds - current year
Balance at
Balance at 1 31 March
April 2021 Income Expenditure 2022
6 E 8
Unrestricted funds
Reserves 3,910,863 1,270,137 (910,644) 4,270,356
Restricted funds
Training fund 63,108 15 63,123
Basingstoke Breast Cancer self-help group 500 (500)
63,608 15 (500) 63,123
Total offunds 3,974,471 1,270,152 (911,144) 4,333,479

Statement of funds
-prior year
Balance at
Balance al 31March
1 April 2020
f		 Income
f		 Expenditure 2021
f
Unrestricted funds
Reserves 3,583,'I43 '1,251,177 (923,457) 3,910,863
Restricted funds
Training
fund		 62,989 'I19 63,108
Basingsioke Breast Cancer self-help group 1,000 (500) 500
62,989 1,119 (500) 63,608
Total offunds 3,646,132 1,252,296 (923,957) 3,974,471

Balance at
Balance at 1 31 March
Apri I2021f Income
f		 Expenditure
f		 2022f
General funds 3,910,863 1,270,137 (910,644) 4,270,356
Restricted funds 63,608 15 (500) 63,123
3,974,471 1,270,152 (911,144) 4,333,479

Summar y
offunds - prior year
Balance at
Balance at 31March
1April 2020 Income Expenditure 2021f
General funds 3,583,143 1,251,177 (923,457) 3,910,863
Restricted funds 62,989 1,119 (500) 63,608
3,646,132 1,252,296 (923,957) 3,974,471

Analysis of n et ass ets between funds - curr ent year
Unrestricted Restricted Total
funds funds funds
2022 2022 2022
6 6 6
Tangible fixed assets 3,376,804 3,376,804
Current assets 1,031,012 63,123 1,094,135
Creditors due within one year (137,460) (137,460)
Total 4,270,356 63,123 4,333,479

Analysis of n et assets between funds
-prior y		 ear
Unrestricted Restricted Total
funds funds funds
2021 2021 2021
5 5
Tangible fixed assets 3,464,822 3,464,822
Current assets 543,347 64,108 607,455
Creditors due within one year (97,305) (500) (97,805)
Creditors due in more than one year (1) (1)
Tl 3,910,863 63,608 3,974,471

2022 2021f
Total reserves 4,333,479 3,974,471
Restricted reserves (63,123) (63,608)
Designated reserves
Net book value offixed assets (3,376,804) (3,464,822)
893,552 446,041

Group Group
2022f 2021f
Net income for the year (as per Statement of Financial Activities) 359,008 328,339
Adjustments
for:
Depreciation
charges		 111,623 119,275
Interest receivable 15 119
Increase
in stocks		 (1,673) (1,478)
Decrease/(increase) in debtors ('7,961) 308,621
Increase/(decrease) in creditors 39,654 (286,797)
Net cash provided
by operating		 activities 500,666 488,079
24. Analysis ofcash and cash equivalents
Group Group
2022f 2021f
Cash
in hand		 1,050,050 573,004
Total cash and cash equivalents 1,050,050 573,004
25. Analysis ofchanges in net debt
Other non-
At 1 April cash At 31 March
2021
f		 Cash flows
f		 changes 2022f
Cash at bank and in hand 573,004 477,046 1,050,050
Debt due after 1 year (1) 1
573,003 477,046 1 1,050,050

Group Group
2022 2021
Not later than 1 year 15,871 13,557
Later than 1 year and not later than 5years 14,809 22,808
30,680 36,365