| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 9 | |
| Independent Examiner's |
Report | 10 | ||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 12 | to | 13 | |
| Notes to the Financial Statements | 14 | to | 22 | |
| Detailed Statement ofFinancial Activities | 23 | to | 24 |
| 31.12.22 | 31,12.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
64,131 | 6,959 | 71,090 | 91,337 | |||
| Charitable activities |
|||||||
| Income | 4,633 | 1,705 | 6@38 | 1,618 | |||
| Investment income |
16,804 | 2)684 | 19,488 | 22,119 | |||
| Total | 85,568 | 11,348 | 96,916 | 115,074 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 53,137 | 1,213 | 54,350 | 50,977 | |||
| Charitable activities |
|||||||
| Expenditure | 250,849 | 17,221 | 268,070 | 245,682 | |||
| Total | 303)986 | 18,434 | 322,420 | 296,659 | |||
| Net gains/(losses) on investments |
(94,049) | (15,208) | (109,257) | 95,567 | |||
| NET INCOME/(EXPENDITURE) | (312,467) | (22)294) | (334,761) | (86,018) | |||
| Transfers between funds |
17 | 301 | (301) | ||||
| Net movement in funds |
(312)166) | (22,595) | (334,761) | (86,018) | |||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought forward |
759,809 | 122,873 | 882)682 | 968,700 | |||
| TOTAL FUNDS CARRIED FORWARD | 447,643 | 100,278 | 547,921 | 882,682 |
| 31.12.22 | 31.12,21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 1,121 | 1,121 | 1,785 | |
| Investments | 13 | 429,484 | 100,279 | 529,763 | 820,146 |
| 430,605 | 100,279 | 530,884 | 821,931 | ||
| CURRENT ASSETS | |||||
| Debtors | 14 | 2,774 | 2,774 | 3,806 | |
| Cash at bank and in hand | 26,072 | 26,072 | 72,014 | ||
| 28,846 | 28,846 | 75,820 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (11,809) | (11,809) | (15,069) | |
| NET CURRENT ASSETS | 17,037 | 17,037 | 60,751 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 447)642 | 100,279 | 547,921 | 882,682 | |
| NET ASSETS | 447,642 | 100,279 | 547,921 | 882,682 | |
| FUNDS | 17 | ||||
| Unrestricted funds: |
|||||
| General fund | 447,642 | 759,809 | |||
| Restricted funds | 100,279 | 122,873 | |||
| TOTAL FUNDS | 547,921 | 882,682 |
| 31.12.22 | 31.12.21 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| Donations | and gifts | 36,181 | 659 | 36,840 | 46,242 | ||||
| Grants for | core activities | 26,950 | 6)300 | 33,250 | 44,945 | ||||
| Legacies' | 1,000 | 1,000 | 150 | ||||||
| 64,131 | 6,959 | 71,090 | 91,337 | ||||||
| 3. | INVESTMENT INCOME | ||||||||
| 31,12.22 | 31.12.21 | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| f. | |||||||||
| Income from listed | investments | 16,606 | 2,684 | 19,290 | 22,119 | ||||
| Deposit account interest | 198 | 198 | |||||||
| 16,804 | 2,684 | 19,488 | 22,Il9 | ||||||
| 4. | INCOME | FROM | CHARITABLE ACTIVITIES | ||||||
| 31.12,22 | 31.12.21 | ||||||||
| Total | |||||||||
| Income | acttvittes | ||||||||
| Income irom service provision | 6,338 | 1,618 | |||||||
| 5. | RAISING | FUNDS | |||||||
| Raising donations | and legacies | ||||||||
| 31.12.22 | 31.12.21 | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| Fundraising | and publicity | 45)893 | 41 | 45,934 | 42,060 | ||||
| Investment | management | costs | 7,244 | 1,172 | 8,416 | 8,917 | |||
| 53,137 | 1,213 | 54,350 | 50,977 |
| Direct | |||||
|---|---|---|---|---|---|
| Costs (see | |||||
| note 7) | |||||
| Expenditure | 268,070 | ||||
| 7. | DIRECT COSTSOFCHARITABLE ACTIVITIES | ||||
| 31.12.22 | 31.12.21 | ||||
| Salaries | 197,700 | 181,664 | |||
| Depreciation | 663 | 208 | |||
| Direct project | costs | 12,553 | 6,828 | ||
| Training | 15,522 | 18,675 | |||
| Telephone | 2,740 | 3,426 | |||
| Postage | 2)553 | 1,184 | |||
| Insurance | 2,550 | 2,574 | |||
| Computer costs | 3,714 | 3,534 | |||
| Property expenses | 12,057 | 14,550 | |||
| Leasing costs | 4,413 | 3,955 | |||
| Subscriptions | 1,476 | 1,256 | |||
| Bank charges | 328 | 475 | |||
| HR support | (348) | 696 | |||
| Of5ce expenses | 7,317 | 3,740 | |||
| Accountancy | support | 660 | 294 | ||
| Governance costs |
4,172 | 2,623 | |||
| 268,070 | 245,682 | ||||
| 8. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 31.12.22 | 31.12.21 | ||||
| Depreciation | -owned assets | 664 | 208 | ||
| Operating leases - other |
4,413 | 3,955 |
| The average | monthly numb |
er ofemploy | ees during th |
e year was as follows: | ||
|---|---|---|---|---|---|---|
| 31.12.22 | 31,12.21 | |||||
| Fundraising | and publicity | 1 | 1 | |||
| Charitable | activities | 10 | 8 | |||
| Support | 2 | 2 | ||||
| 13 | ||||||
| There were | no employees | whose annual | emoluments | were 860,000or more. | ||
| COMPARATIVES FORTHE STATEMENT OF | FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| INCOME | AND ENDOWMENTS FROM | |||||
| Donations | and legacies | 89,386 | 1,951 | 91,337 | ||
| Charitable | activities | |||||
| Income | 938 | 680 | 1,618 | |||
| Investment | income | 19,240 | 2,879 | 22,119 | ||
| Total | 109,564 | 5,510 | 115,074 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 49,818 | 1,159 | 50,977 | |||
| Charitable | activities | |||||
| Expenditure | 225,432 | 20,250 | 245,682 | |||
| Total | 275,250 | 21,409 | 296,659 | |||
| Net gains on investments | 83,126 | 12,441 | 95,567 | |||
| NET INCOME/(EXPENDITURE) | (82,560) | (3,458) | (86,018) | |||
| Transfers | between funds |
(239) | 239 |
| for the Year Ended 31December 2022 | for the Year Ended 31December 2022 | for the Year Ended 31December 2022 | for the Year Ended 31December 2022 | ||||
|---|---|---|---|---|---|---|---|
| 11. | COMPARATIVES FORTHE | STATEMENT OF FINANCIAL ACTIVITIES -continued | |||||
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| K | |||||||
| Net movement in funds |
(82,799) | (3,219) | (86,018) | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward |
842,608 | 126,092 | 968,700 | ||||
| TOTAL FUNDS CARRIED FORWARD | 759,809 | 122,873 | 882,682 | ||||
| 12. | TANGIBLE FIXEDASSETS | ||||||
| Fixtures | |||||||
| and | Computer | ||||||
| fittings | equipment | Totals | |||||
| COST | |||||||
| At i January 2022 and | 31 December 2022 | 15,545 | 19,174 | 34,719 | |||
| DEPRECIATION | |||||||
| At l January 2022 | 15,230 | 17,704 | 32)934 | ||||
| Charge for year | 126 | 538 | 664 | ||||
| At 31December 2022 | 15s356 | 18,242 | 33,598 | ||||
| NET BOOK VALUE | |||||||
| At 31December 2022 | 189 | 932 | 1,121 | ||||
| At 31December 2021 | 315 | 1,470 | 1,785 | ||||
| 13. | FIXEDASSETINVESTMENTS | ||||||
| The book cost ofthe investment | portfolio managed | by Brewin Dolphin | as at the balance sheet date was | K.544,372. | |||
| 14. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 31.12.22 | 31.12.21 | ||||||
| Trade debtors | 360 | ||||||
| Tax | 152 | 322 | |||||
| Prepayments and accrued income |
2,622 | 3,124 | |||||
| 2,774 | 3,806 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN O | NE YEAR | |
|---|---|---|
| 31.12.22 | 31.12.21 | |
| E | ||
| Trade creditors | 1,162 | 4,937 |
| Social security and other taxes | 6,790 | 6,149 |
| Accrued expenses | 3,857 | 3,983 |
| 11,809 | 15,069 |
| Minimum leas |
e payments under non-canc |
ellable operating leases fa |
ll due as follows: | ||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Within one year | 3,367 | 2,321 | |||
| Between one and five years | 10,754 | ||||
| 14&121 | 2,321 | ||||
| MOVEMENT IN FUNDS | |||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.22 | in funds | funds | 31.12.22 | ||
| Unrestricted | funds | ||||
| General fund |
759,809 | (312,468) | 301 | 447,642 | |
| Restricted funds | |||||
| Southampton | 32&896 | (3,438) | 29,458 | ||
| Middlesborough | 19,610 | (2,185) | 17,425 | ||
| Newton Abbot | 12,142 | (1,354) | 10,788 | ||
| Sheffield | 25,129 | (9&388) | 15,741 | ||
| Watford | 8,166 | (9&704) | 1&538 | ||
| North East | 844 | (94) | (750) | ||
| North West | 7,788 | (603) | 7&185 | ||
| Bucks | 1,469 | (164) | 1,305 | ||
| Essex | 2732 | (248) | 1,984 | ||
| Hertfordshire | 205 | 207 | (412) | ||
| East Midlands | 9,416 | 4,752 | 14&168 | ||
| South East | 160 | (160) | |||
| West Midlands | 2,352 | (127) | 2,225 | ||
| Scotland | 624 | (107) | (517) | ||
| 122,873 | (22,293) | (301) | 100,279 | ||
| TOTAL FUNDS | 882,682 | (334,761) | 547,921 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| E | |||||
| Unrestricted | funds | ||||
| General fund |
85,568 | (303,987) | (94,049) | (312,468) | |
| Restricted funds | |||||
| Southampton | 1,408 | (774) | (4,072) | (3,438) | |
| Middlesborough | 429 | (187) | (2,427) | (2,185) | |
| Newton Abbot | 265 | (116) | (1,503) | (1,354) | |
| Sheffield | 1,514 | (7,792) | (3,110) | (9,388) | |
| Watford | 178 | (8,871) | (1,011) | (9)704) | |
| North East | 18 | (8) | (104) | (94) | |
| North West | 620 | (259) | (964) | (603) | |
| Bucks | 32 | (14) | (182) | (164) | |
| Essex | 49 | (21) | (276) | (248) | |
| Hertfordshire | 234 | (2) | (25) | 207 | |
| East Midlands | 6,205 | (287) | (1)166) | 4,752 | |
| South East | 196 | (36) | 160 | ||
| West Midlands | 186 | (22) | (291) | (127) | |
| Scotland | 14 | (44) | (77) | (107) | |
| 11@48 | (18,433) | (15,208) | (224,93) | ||
| TOTAL FUNDS | 96,916 | (322,420) | (109,257) | (334,761) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.1,21 | in funds | funds | 31.12.21 | ||
| Unrestricted | funds | ||||
| General fund |
842,608 | (82,560) | (239) | 759,809 | |
| Restricted funds | |||||
| Southampton | 29,575 | 3,321 | 32,896 | ||
| Leicester | 759 | (972) | 213 | ||
| Middlesborough | 17,630 | 1,980 | 19,610 | ||
| Newton Abbot | 11,866 | 276 | 12,142 | ||
| Shef5eld | 26,823 | (1,694) | 25,129 | ||
| Watford | 13,275 | (5,109) | 8,166 | ||
| North East | 1,709 | (865) | 844 | ||
| North West | 7,529 | 259 | 7,788 | ||
| Bucks | 922 | 547 | 1,469 | ||
| Essex | 2,006 | 226 | 2232 | ||
| Hertfordshire | 924 | (719) | 205 | ||
| East Midlands | 9,445 | (29) | 9,416 | ||
| South East | (26) | 26 | |||
| West Midlands | 2, 114 | 238 | 2,352 | ||
| Scotland | 1,515 | (891) | 624 | ||
| 126,092 | (3,458) | 239 | 122,873 | ||
| TOTAL FUNDS | 968,700 | (86,018) | 882,682 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 109,564 | (275,250) | 83,126 | (82,560) | |
| Restricted funds | |||||
| Southampton | 675 | (272) | 2,918 | 3,321 | |
| Leicester | 17 | (1,064) | 75 | (972) | |
| Middlesborough | 403 | (162) | 1,739 | 1,980 | |
| Newton Abbot | 271 | (1,166) | 1,171 | 276 | |
| Sheffield | 658 | (4,998) | 2,646 | (1,694) | |
| Watford | 303 | (6,722) | 1,310 | (5,109) | |
| North East | 39 | (1,073) | 169 | (865) | |
| North West | 642 | (1,126) | 743 | 259 | |
| Bucks | 1,521 | (1,065) | 91 | 547 | |
| Essex | 46 | (18) | 198 | 226 | |
| Hert fordshire | 296 | (1,106) | 91 | (719) | |
| East Midlands | 216 | (1,177) | 932 | (29) | |
| South East | 340 | (366) | (26) | ||
| West Midlands | 48 | (19) | 209 | 238 | |
| Scotland | 35 | (1,075) | 149 | (891) | |
| 5,510 | (21,409) | 12,441 | (3,458) | ||
| TOTAL FUNDS | 115,074 | (296,659) | 95,567 | (86,018) |
| for t | he Year Ended 31Decembe | r 2022 | ||||
|---|---|---|---|---|---|---|
| 31.12.22 | 31,12,21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| INCOME AND ENDOWMENTS | ||||||
| Donations and legacies | ||||||
| Donations and gifts |
36,181 | 659 | 36,840 | 46,242 | ||
| Grants for core activities | 26,950 | 6,300 | 33,250 | 44,945 | ||
| Legacies | 1,000 | 1,000 | 150 | |||
| 64,131 | 6,959 | 71,090 | 91,337 | |||
| Investment income |
||||||
| Income from listed | investments | 16,606 | 2,684 | 19,290 | 22,119 | |
| Deposit account interest | 198 | 198 | ||||
| 16,804 | 2,684 | 19,488 | 22,119 | |||
| Charitable activities |
||||||
| Income from service provision | 4)633 | 1,705 | 6@38 | 1,618 | ||
| Total incoming resources |
85,568 | 11,348 | 96,916 | 115,074 | ||
| EXPENDITURE | ||||||
| Raising donations | and legacies | |||||
| Fundraising and publicity |
45)893 | 41 | 45,934 | 42,060 | ||
| Investment management |
costs | 7,244 | 1,172 | 8,416 | 8,917 | |
| 53,137 | 1,213 | 54,350 | 50,977 | |||
| Charitable activities |
||||||
| Salaries | 183,057 | 14,643 | 197,700 | 181,664 | ||
| Depreciation | 663 | 663 | 208 | |||
| Direct project costs | 10,11S | 2,435 | 12,553 | 6,828 | ||
| Training | 15,522 | 15,522 | 18,675 | |||
| Telephone | ?,740 | 2,740 | 3,426 | |||
| Postage | 2,553 | 2,553 | 1,184 | |||
| Insurance | 2)550 | 2,550 | 2,574 | |||
| Computer costs |
3,714 | 3,714 | 3,534 | |||
| Property expenses | 12,057 | 12,057 | 14,550 | |||
| Leasing costs | 4,413 | 4,413 | 3,955 | |||
| Subscriptions | 1@56 | 120 | 1,476 | 1,256 | ||
| Bank charges | 328 | 328 | 475 | |||
| HR support | (348) | (348) | 696 | |||
| Carried forward | 238,723 | 17,198 | 255,921 | 239,025 |
| for the Yea | r Ended 31December | 2022 | ||||
|---|---|---|---|---|---|---|
| 31.12,22 | 31.12.21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Charitable activities |
||||||
| Brought forward | 23S,723 | 17,198 | 255,921 | 239,025 | ||
| Office expenses | 7,295 | 22 | 7s317 | 3,740 | ||
| Accountancy support |
660 | 660 | 294 | |||
| Governance costs |
4,172 | 4,172 | 2,623 | |||
| 250,850 | 17,220 | 268,070 | 245,682 | |||
| Total resources expended | 303,987 | 18,433 | 322)420 | 296,659 | ||
| Net (expenditure)/income | before gains and | |||||
| losses | (218,419) | (7,085) | (225)504) | (181,585) | ||
| Realised recognised | gains | and losses | ||||
| Realised gains/(losses) | on | fixed asset investments | (94,049) | (15,208) | (109,257) | 95,567 |
| Net (expenditure)/income | (312)468) | (22,293) | (334,761) | (86,018) |