## |||Page|| |---|---|---|---| |Report ofthe Trustees||1 to 13|| |Independent
Examiner's|Report|14|| |Statement ofFinancial Activities|||| |Balance Sheet||16|| |Cash Flow Statement||17|| |Notes to the Cash Flow|Statement||| |Notes to the Financial Statements||19to|27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| ||||Notes||||| |INCOME|AND ENDOWMENTS FROM||||||| |Donations|and legacies|||107,781|288,204|395,985|591,588| |Other trading activities||||4,406||4,406|3,542| |Investment|income|||6,662||6,662|613| |Other income||||585,664||585,664|| |Total||||704,513|288,204|992,717|595,743| |EXPENDITURE ON|||||||| |Charitable|activities||||||| |Charitable|activities|||173,012|363,498|536,510|584,855| |NET INCOME/(EXPENDITURE)||||531,501|(75,294)|456,207|10,888| |RECONCILIATION||OF FUNDS|||||| |Total funds|brought
forward|||596,788|41,340|638,128|627,240| |TOTAL FUNDS CARRIED FORWARD||||1,128,289|(33,954)|1,094,335|638,128| ## |||||2023|2022| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes||||| |FIXEDASSETS|||||| |Tangible assets||1,180||1,180|158,699| |CURRENT ASSETS|||||| |Debtors|14|1,313||1,313|5,795| |Cash at bank. and in hand||1,300,853|1,046|1,301,899|636,907| |||1,302,166|1,046|1,303,212|642,702| |CREDITORS|||||| |Amounts
falling due within one year|15|(210,057)||(210,057)|(163,273)| |NET CURRENT ASSETS||1,092,109|1,046|1,093,155|479,429| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||1,093,289|1,046|1,094,335|638,128| |NET ASSETS||1,093,289|1,046|1,094,335|638,128| |FUNDS|17||||| |Unrestricted
funds||||1,093,289|596,788| |Restricted funds||||1,046|41,340| |TOTAL FUNDS||||1,094,335|638,128| ## ## |||||2023|2022| |---|---|---|---|---|---| ||||Notes||| |Cash flows from operating|activities||||| |Cash generated
from operations||||(71,814)|95,081| |Net cash (used in)/provided|by operating||activities|(71,814)|95,081| |Cash flows from investing|activities||||| |Purchase oftangible fixed assets|||||(1,695)| |Sale oftangible fixed assets||||736,806|560| |Net cash provided by/(used|in) investing||activities|736,806|(1,135)| |Change in cash and cash equivalents||in|||| |the reporting
period||||664,992|93,946| |Cash and cash equivalents|at the||||| |beginning ofthe reporting|period|||636,907|542,961| |Cash and cash equivalents|at the end||of||| |the reporting period||||1,301,899|636,907| ## |RECONCILIATION|OFNET INCOME TO NET CASH FLOW FROM|OFNET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES| |---|---|---|---|---| ||||2023|2022| |Net income for the reporting period (as per the Statement ofFinancial||||| |Activities)|||456,207|10,888| |Adjustments
for:||||| |Depreciation
charges|||6,376|11,784| |Profit on disposal offixed assets|||(585,664)|| |Decrease in debtors|||4,483|16,967| |Increase in creditors|||46,784|55,442| |Net cash (used in)/provided||by operations|(71,814)|95,081| ## ||At 1.4.22|Cash flow|At31.3.23| |---|---|---|---| |Net cash|||| |Cash at bank and in hand|636,907|664,992|1,301,899| ||636,907|664,992|1,301,899| |Total|636,907|664,992|1,301,899| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||DONATION|S
AND LE|GACIES|||| |---|---|---|---|---|---|---| ||||||2023|2022| ||Donations||||97|1,243| ||Grants||||396,371|587,245| ||Consultancy|fees|||(483)|3,100| ||||||395,985|591,588| ||Grants received, included||in the above, are as follows:|||| ||||||2023|2022| ||Other grants||||396,371|587,245| |4.|OTHER TRADING ACTIVITIES|||||| ||||||2023|2022| ||Membership|Fees|||4,406|3,542| |5.|INVESTMENT INCOME|||||| ||||||2023|2022| ||Interest received||||6,662|613| |6.|CHAITABLE ACTIVITIES COSTS|||||| ||||||Support|| |||||Direct|costs (see|| |||||Costs|note 7)|Totals| ||Charitable
activities|||498,937|37,573|536,510| ## ## |SUPPORT COSTS|||||| |---|---|---|---|---|---| |||Human||Governance|| |||resources|Other|costs|Totals| |Charitable
activities||18,954|7,480|11,139|37,573| |NET INCOME/(EXPENDITURE)|||||| |Net income/(expenditure)
is|stated after charging/(crediting):||||| |||||2023|2022| |Depreciation
—owned assets||||6,377|11,799| |Surplus on disposal offixed|assets|||(585,664)|| |Independent
Examiners fees||||3,000|| |AUDITORS' REltNERATION|||||| |||||2023|2022| |Fees payable to the charity's|auditors for the|audit ofthe charity's|financial||| |statements|||||5,254| ## ## ## ## ## |STAFFCOSTS||||||| |---|---|---|---|---|---|---| ||||||2023|2022| |Wages and salaries|||||259,195|248,065| |Social security costs|||||23,739|22,654| |Other pension costs|||||8,260|8,886| ||||||291,194|279,605| |The average monthly|mimber ofemployees||during the year was|as follows:||| ||||||2023|2022| |Employees|||||7|7| |The number ofemployees||whose employee|benefits (excluding|employer pension|costs) exceeded|f60,000was:| ||||||2023|2022| |f.60,001 - 270,000|||||1|1| ## |12.|COMPARATIVKS FORTHE STATEMENT|COMPARATIVKS FORTHE STATEMENT|OF FINANCIAL|ACTIVITIES||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||funds|funds|funds| ||INCOiVIE AND ENDOWMENTS FROM|||||| ||Donations
and legacies|||38,742|552,846|591,588| ||Other trading activities|||3,542||3,542| ||Investment
income|||613||613| ||Total|||42,897|552,846|595,743| ||EXPENDITURE ON|||||| ||Charitable
activities|||||| ||Charitable
activities|||32,009|552,846|584,855| ||NET INCOME|||10,888||10,888| ||RECONCILIATION|OF FUNDS||||| ||Total funds brought fonvard|||585,900|41,340|627,240| ||TOTAL FUNDS CARRIED FORWARD|||596,788|41,340|638,128| |13.|TANGIBLE FIXEDASSETS|||||| |||||Fixtures||| ||||Short|and|Computer|| ||||leasehold|fittings|equipment|Totals| ||COST|||||| ||At 1 April 2022||223,538|15,766|9,758|249,062| ||Disposais||(223,538)||(7,475)|(231,013)| ||At 31March 2023|||15,766|2,283|18,049| ||DEPRECIATION|||||| ||At 1 April 2022||68,846|15,765|5,752|90,363| ||Charge for year||4,784||1,593|6,377| ||Eliminated
on disposal||(73,630)||(6,241)|(79,871)| ||At 31March 2023|||15,765|1,104|16,869| ||NKT BOOK VALUE|||||| ||At 31March 2023||||1,179|1,180| ||At 31March 2022||154,692||4,006|158,699| ## ## |14.|DEBTO|RS:AMOUNTS FALLING DUK WITHIN ONE YEAR||| |---|---|---|---|---| ||||2023|2022| ||Prepayments
and accrued income||1,313|5,795| |15.|CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR|||| ||||2023|2022| ||Trade creditors||43,523|48,763| ||Social security and other taxes||5,671|8,062| ||VAT||4,062|196| ||Other creditors||1,305|2,959| ||Accruals|and deferred income|155,496|103,293| ||||210,057|163,273| ||||2023|2022| ||Deferred|income at 1 April 2022|97,334|73,397| ||Resources|deferred during the year|141,847|97,334| ||Amounts|released from previous periods|(97,334)|(73,397)| ||||141,847|97,334| ## ||2023|2022| |---|---|---| |Within one year||1,370| |Between one and five years||201| |||1,571| ## ## ## |MOVEMEN|T IN|FUNDS||||| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1,4,22|in funds|funds|31.3.23| |Unrestricted|funds|||||| |General fund|||596,788|496,501|(736,174)|357,115| |Investments|||||646,174|646,174| |Income generation||and fundraising|||90,000|90,000| ||||596,788|496,501||1,093,289| |Restricted funds||||||| |University
College||London|1,046|||1,046| |BigLottery|||38,538|(38,538)||| |Global Dialogue|||1,348|(1,348)||| |Listening
fund|||408|(408)||| ||||41,340|(40,294)||1,046| |TOTAL FUNDS|||638,128|456,207||1,094,335| |Net movement|in funds, included||in the above are as follows;|||| |||||Incoming|Resources|Movement| |||||resources|expended|in funds| |Unrestricted|funds|||||| |General fund||||669,513|(173,012)|496,501| |Restricted funds||||||| |Big Lottery||||265,704|(304,242)|(38,538)| |Paul Hamlyn|Foundation|||22,500|(22,500)|| |Global Dialogue|||||(1,348)|(1,348)| |Listening
fund|||||(408)|(408)| |Youth Futures|Foundation|||15,000|(15,000)|| |Fidelity||||20,000|(20,000)|| |||||323,204|(363,498)|(40,294)| |TOTALFUNDS||||992,717|(536,510)|456,207| ## ## ## ||||Net|| |---|---|---|---|---| ||||movement|At| |||At 1.4.21|in funds|31.3.22| |Unrestricted
funds||||| |General fund||585,900|10,888|596,788| |Restricted funds||||| |University
College London||1,046||1,046| |BigLottery||38,538||38,538| |Global Dialogue||1,348||1,348| |Listening
fund||408||408| |||41,340||41,340| |TOTAL FUNDS||627,240|10,888|638,128| |Comparative
net movement|in funds, included|in the above are as follows:||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |Unrestricted
funds||||| |General fund||42,897|(32,009)|10,888| |Restricted funds||||| |BigLottery||307,240|(307,240)|| |Paul Hamlyn
Foundation||64,700|(64,700)|| |Act For Change||45,000|(45,000)|| |Youth Futtires Foundation||109,038|(109,038)|| |One Space - Online Directory development||15,001|(15,001)|| |42nd Street - Evaluation||2,000|(2,000)|| |Awards for all||9,867|(9,867)|| |||552,846|(552,846)|| |TOTAL FUNDS||595,743|(584,855)|10,888| ## ## ## ## ## ##