| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to | 6 |
| Independent Examiner's Report |
||
| Statement of Financial Activities | ||
| Balance Sheet | 9 to | 10 |
| Notes to the Financial Statements | 11 to | 17 |
| Detailed Statement of Financial Activities | 18 to | 19 |
| 31.12.22 | 31.12.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | f | E | E | E | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies | 11,643 | 11,643 | 41,359 | ||||
| Charitable activities |
|||||||
| Lectures | 5,751 | 5,751 | 2,413 | ||||
| Books and Pamplets | 964 | 964 | 762 | ||||
| Temenos Academy | Review | 647 | 489 | 1,136 | 1,737 | ||
| Foundation Courses |
10,475 | 10,475 | 6,988 | ||||
| Investment income |
12,752 | 12,752 | 16,080 | ||||
| Total | 31,757 | 10,964 | 42,721 | 69,339 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 5 | 7,795 | 14,759 | 22,554 | 19,670 | ||
| Charitable activities |
|||||||
| Lectures | 90,940 | 90,940 | 72,142 | ||||
| Books and Pamplets | 232 | 232 | 2,004 | ||||
| Temenos Academy | Review | 21,229 | 21,229 | 88 | |||
| Other | 5,288 | 5,288 | 4,081 | ||||
| Total | 104,023 | 36,220 | 140,243 | 97,985 | |||
| Net gains/(losses) on investments |
(53,892) | (53,892) | 16,876 | ||||
| NET INCOME/(EXPENDITURE) | (126,158) | (25,256) | (151,414) | (11,770) | |||
| RECONCIUATION OF FUNDS |
|||||||
| Total funds brought | forward | 447,498 | 24,959 | 472,457 | 484,227 | ||
| TOTAL FUNDS CARRIED FORWARD | 321,340 | (297) | 321,043 | 472,457 |
| 31.12.22 | 31.1221 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | E | f | E | ||
| CURRENT ASSETS | |||||
| Investments Prepayments and accrued income |
10 | 288,021 203 |
10,165 119 |
298,186 322 |
418,693 598 |
| Cash at bank and in hand | 37,808 | 65 | 37,873 | 66,006 | |
| 326,032 | 10,349 | 336,381 | 485,297 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
11 | (4,692) | (7,846) | (12,538) | (3,990) |
| NET CURRENT ASSETS | 321,340 | 2,503 | 323,843 | 481,307 | |
| TOTAL ASSETSLESSCURRENT LIABIUTIES | 321,340 | 2,503 | 323,843 | 481,307 | |
| ACCRUALS AND DEFERRED INCOME | 12 | (2,800) | (2,800) | (8,850) | |
| NET ASSETS | 321,340 | (297) | 321,043 | 472,457 | |
| FUNDS | 13 | ||||
| Unrestricted funds Restricted funds |
321,340 (297) |
447,498 24,959 |
|||
| TOTAL FUNDS | 321,043 | 472,457 |
| 2. | DONATIONS | AND LEGACIES | |||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| f | |||||
| Donations | 11,643 | 39,920 | |||
| Legacies | 1,439 | ||||
| 11,643 | 41,359 | ||||
| 3. | FOUNDATION | COURSES | |||
| 31.12.22 | 31.12.21 | ||||
| f | f | ||||
| Foundation | Courses | 10,475 | 6,988 | ||
| 4. | INVESTMENT | INCOME | |||
| 31.12.22 | 31.12.21 | ||||
| f | f | ||||
| Deposit account interest | 24 | 5 | |||
| Investment | portfolio | 12,728 | 16,075 | ||
| 12,752 | 16,080 | ||||
| 5. | RAISING FUNDS | ||||
| 31.12.21 | 31.12.2020 | ||||
| f | f | ||||
| Portfolio Management | 4,654 | 5,020 | |||
| Fundraiser | |||||
| Other | 15,016 | 11,480 | |||
| 6. | SUPPORT COSTS | ||||
| Management | |||||
| 2022 | 2021 | ||||
| f | f | ||||
| Administrative | Services | 51,480 | 51,480 | ||
| Lecturer Fees/Expenses/Accommodation | 5,834 | 2,594 | |||
| Seminar Fees/Expenses/Accommodation | 3,437 | 5,651 | |||
| Office Supplies and Photocopies | 905 | 326 | |||
| 61,656 | 60,051 |
| 31.12.22 | 31.12.21 |
|---|---|
| f | f |
| 2,898 | 2,440 |
| Current Asset Investment | ||
|---|---|---|
| At01.01.22 | 418,693 | |
| Net capital added / | withdrawn | (79,343) |
| Capital appreciation | / depreciation | (53,892) |
| Income received At31.12.22 |
12,729 298,186 |
| 11. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE |
YEAR | ||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| f | f | ||||
| Trade creditors | 9,762 | 887 | |||
| Accrued expenses | 2,776 | 3,103 | |||
| 12,538 | 3,990 | ||||
| 12. | ACCRUALS AND DEFERRED INCOME | ||||
| 31.12.22 | 31.12.21 | ||||
| E | f | ||||
| Accruals and | deferred income | 2,800 | 8,850 | ||
| 13. | MOVEMENT | IN FUNDS | |||
| Net | |||||
| movement | At | ||||
| At 1.1.22 | in funds | 31.12.22 | |||
| E | E | E | |||
| Unrestricted | funds | ||||
| General fund | 421,632 | (126,158) | 295,474 | ||
| Revaluation | reserve | 25,866 | 25,866 | ||
| 447,498 | (126,158) | 321,340 | |||
| Restricted funds | |||||
| Temenos Academy Review | 26,714 | (20,972) | 5,742 | ||
| Foundation | Course | (1,755) | (4,284) | (6,039) | |
| 24,959 | (25,256) | (297) | |||
| TOTAL FUNDS | 472,457 | (151,414) | 321,043 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| E | E | E | E | ||
| Unrestricted funds |
|||||
| General fund | 31,757 | (104,023) | (53,892) | (126,158) | |
| Restricted funds | |||||
| Temenos Academy | Review | 489 | (21,461) | (20,972) | |
| Foundation Course |
10,475 | (14,759) | (4,284) | ||
| 10,964 | (36,220) | (25,256) | |||
| TOTAL FUNDS | 42,721 | (140,243) | (53,892) | (151,414) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.21 | in funds | 31.12.21 | ||
| E | E | E | ||
| Unrestricted | funds | |||
| General fund | 437,359 | (15,727) | 421,632 | |
| Revaluation | reserve | 25,866 | 25,866 | |
| 463,225 | (15,727) | 447,498 | ||
| Restricted funds | ||||
| Temenos Academy Review | 16,472 | 10,242 | 26,714 | |
| Foundation | Course | 4,530 | (6,285) | (1,755) |
| 21,002 | 3,957 | 24,959 | ||
| TOTALFUNDS | 484,227 | (11,770) | 472,457 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| E | E | E | E | |
| Unrestricted funds |
||||
| General fund | 52,021 | (84,624) | 16,876 | (15,727) |
| Restricted funds | ||||
| Temenos Academy Review | 10,330 | (88) | 10,242 | |
| Foundation Course |
6,988 | (13,273) | (6,285) | |
| 17,318 | (13,361) | 3,957 | ||
| TOTAL FUNDS | 69,339 | (97,985) | 16,876 | (11,770) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.21 | in funds | 31.12.22 | ||
| E | E | E | ||
| Unrestricted | funds | |||
| General fund | 437,359 | (141,885) | 295,474 | |
| Revaluation | reserve | 25,866 | 25,866 | |
| 463,225 | (141,885) | 321,340 | ||
| Restricted funds | ||||
| Temenos Academy Review | 16,472 | (10,730) | 5,742 | |
| Foundation | Course | 4,530 | (10,569) | (6,039) |
| 21,002 | (21,299) | (297) | ||
| TOTAL FUNDS | 484,227 | (163,184) | 321,043 |
| A current year 12 are asfollows: |
months and prior ye |
ar 12 months combined |
net movement i |
n funds, included | in the abov |
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| E | E | E | E | ||
| Unrestricted funds |
|||||
| General fund | 83,778 | (188,647) | (37,016) | (141,885) | |
| Restricted funds | |||||
| Temenos Academy | Review | 10,819 | (21,549) | (10,730) | |
| Foundation Course |
17,463 | (28,032) | (10,569) | ||
| 28,282 | (49,581) | (21,299) | |||
| TOTAL FUNDS | 112,060 | (238,228) | (37,016) | (163,184) |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| f | E | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 11,643 | 39,920 | |
| Legacies | 1,439 | ||
| 11,643 | 41,359 | ||
| Foundation Courses |
|||
| Foundation Courses |
10,475 | 6,988 | |
| Investment income |
|||
| Deposit account interest | 24 | 5 | |
| Investment portfolio |
12,728 | 16,075 | |
| 12,752 | 16,080 | ||
| Charitable activities |
|||
| Lectures and seminars | 5,751 | 2,413 | |
| Book and pamphlet sales |
1,384 | 1,305 | |
| Temenos Academy Review |
sales | 716 | 1,194 |
| 7,851 | 4,912 | ||
| Total incoming resources | 42,721 | 69,339 | |
| EXPENDITURE | |||
| Raising donations and legacies |
|||
| Website costs | 458 | 624 | |
| Harmony Programme |
2,994 | ||
| 3,452 | 624 | ||
| Other trading activities | |||
| Foundation Courses |
14,759 | 14,392 | |
| Investment management |
costs | ||
| Portfolio management | 4,343 | 4,654 | |
| Charitable activities |
|||
| Establishment | 11,605 | 2,159 | |
| Office expenses | 11,415 | 3,707 | |
| Publications | 21,461 | 88 | |
| Carried forward | 44,481 | 5,954 |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| E | E | ||
| Charitable activities |
|||
| Brought forward | 44,481 | 5,954 | |
| Sponsorship | 2,004 | ||
| 7,958 | |||
| Other | |||
| Travel | 1,333 | 328 | |
| Insurance | 696 | 696 | |
| Bank charges | 111 | 64 | |
| Office expenses | 470 | 315 | |
| Establishment —rent |
2,678 | 2,678 | |
| 5,288 | 4,081 | ||
| Support costs | |||
| Management | |||
| Professional | 63,075 | 60,618 | |
| Governance costs | |||
| Auditors' remuneration |
2,898 | 2,440 | |
| Sundries | 241 | ||
| Accountancy | and legal fees | 1,706 | 3,218 |
| 4,845 | 5,658 | ||
| Total resources | expended | 140,243 | 97,985 |
| Net expenditure | (97,522) | (28,646) |