2023-03-31-accounts

	Pages
Trustees' Annual Report	2 to 9
Independent Examiner's Report	10
Statement of Financial Activities	11
Summary Income and Expenditure Account	12
Balance Sheet	13
Statement of Cash flows	14
Notes to the Accounts	15 to 24

		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
		2023	2023	2023	2022
	Notes	E	E	E
Income and endowments
from:
Donations and legacies	4	3,635	217,741	221,376	96,558
Charitable activities	5	789,247		789,247	631,950
Investments	6	864		864	2,899
Total		793,746	217,741	1,011,487	731,407
Expenditure on:
Charitable activities	7	796,237	64,078	860,315	669,444
Total		796,237	64,078	860,315	669,444
Net gains on investments
Net income		(2,491)	153,663	151,172	61,963
Transfers between funds		153,958	(153,958)
Net income before other gains/(losses)		151,467	(295)	151,172	61,963
Other gains and losses
Net movement in funds		151,467	(295)	151,172	61,963
Reconciliation of funds:
Total funds brought forward		378,092	102,453	480,545	418,582
Total funds carried forward		529,559	102,158	631,717	480,545

	2023	2022
	E	E
Income	1,010,623	728,508
Interest and investment income	864	2,899
Gross income for the year	1,011,487	731,407
Expenditure	860,315	669,444
Total expenditure for the year	860,315	669,444
Net income before tax for the year	151,172	61,963
Net income for the year	151,172	61,963

Company No.	03047967	Notes	2023	2022
Fixed assets
Tangible assets		9	373,839	158,895
			373,839	158,895
Current assets
Stocks		10	13,931	7,515
Debtors		11	41,788	15,709
Cash at bank	and in hand		229,235	334,376
			284,954	357,600
Creditors:Amount falling due within one year		12	(27,076)	(35,950)
Net current assets			257,878	321,650
Total assets less	current liabilities		631,717	480,545
Net assets excluding pension asset or liability			631,717	480,545
Total net assets			631,717	480,545
The funds of the	charity
Restricted funds		13
Restricted income funds			102,158	102,453
			102,158	102,453
Unrestricted funds		13
General funds			324,559	378,092
Designated funds			205,000
			529,559	378,092
Reserves		13
Total funds			631,717	480,545

	2023	2022
		E
Cash flows from operating activities
Net income per Statement of Financial Activities	151,172	61,963
Adjustments for:
Depreciation of property, plant and equipment	66,225	35,375
Dividends, interest and rents from investments	(864)	(2,899)
(Increase)/Decrease in stocks	(6,416)	1,354
(Increase)/Decrease in trade and other receivables	(26,079)	45,005
(Decrease)/Increase in trade and other payables	(8,874)	15,051
Net cash provided by operating activities	175,164	155,849
Cash flows from investing activities
Proceeds from sales of property, plant and equipment	2,899	15,449
Payments for property, plant and equipment	(284,068)	(82,927)
Dividends, interest and rents from investments	864	2,899
Net cash used in investing activities	(280,305)	(64,579)
Net cash from financing activities
Net (decrease)/increase in cash and cash equivalents	(105,141)	91,270
Cash and cash equivalents at the beginning of the year	334,376	243,106
Cash and cash equivalents at the end of the year	229,235	334,376
Components of cash and cash equivalents
Cash and bank balances	229,235	334,376
	229,235	334,376

Donations and	Voluntary income received by way of grants, donations and gifts is included in the
legacies	the SoFA when receivable and only when the Charity has unconditional
	entitlement to the income.

		Unrestricted	Restricted
		funds	funds	Total funds
		2022	2022	2022
		E
Income and endowments from:
Donations and legacies		10,125	86,433	96,558
Charitable activities		631,950		631,950
Investments		2,899		2,899
Total		644,974	86,433	731,407
Expenditure on:
Charitable activities		666,644	2,800	669,444
Total		666,644	2,800	669,444
Net income		(21,670)	83,633	61,963
Transfers between funds		6,680	(6,680)
Net income before other
gains/(losses)		(14,990)	76,953	61,963
Other gains and losses:
Net movement in funds		(14,990)	76,953	61,963
Reconciliation of funds:
Total funds brought forward		393,082	25,500	418,582
Total funds carried forward		378,092	102,453	480,545
4 Income from donations and legacies
	Unrestricted	Restricted	Total	Total
			2023	2022
	E	E	E	E
Grants		217,741	217,741	96,338
Donations from individuals	3,635		3,635	220
	3,635	217,741	221,376	96,558

5	Income from charitable activities
			Unrestricted	Total	Total
				2023	2022
			E		E
	Equipment rental and monitoring service		619,506	619,506	558,902
	Sale of equipment		169,741	169,741	73,048
			789,247	789,247	631,950
6	Income from investments
			Unrestricted	Total	Total
				2023	2022
					E
	Interest - bank deposits		864	864	2,899
			864	864	2,899
7	Expenditure on charitable activities
		Unrestricted	Restricted	Total	Total
				2023	2022
	Expenditure on charitable
	activities
	Equipment rental and monitoring service	57,434		57,434	42,072
	Sale of equipment	168,362		168,362	73,963
	Depreciation and (Profit)/loss on disposal	57,648	8,577	66,225	35,376
	Staff Costs	377,959	55,501	433,460	410,695
	Allocated Support Costs	103,434		103,434	69,319
	Governance costs
	Independent examiner fees	2,255		2,255	2,100
	Professional fees	29,145		29,145	35,919
		796,237	64,078	860,315	669,444

8	Staff costs
			2023		2022
	Salaries and wages		401,104		382,225
	Social security costs		25,278		21,821
	Pension costs		7,078		6,649
			433,460		410,695
	No employee received emoluments in excess of £60,000.
	Total employee benefits received by key management		44,445		41,379
	personnel
	The average monthly number of full time equivalent employees		during the year	was as follows:
			2023		2022
			Number		Number
	Charitable Activities		15		15
	Administration		2		2
			17		17
9	Tangible fixed assets
			Uniti/Contr
		Land and		Office
			ol Centre		Total
		buildings	Equipment	Equipment
		E			E
	Cost or revaluation
	At 1 April 2022	64,175	387,444	57,183	508,802
	Additions		283,653	415	284,068
	Disposals		(208,890)		(208,890)
	At 31 March 2023	64,175	462,207	57,598	583,980
	Depreciation and
	impairment
	At 1 April 2022	51,340	254,285	44,282	349,907
	Depreciation charge for the	6,417	34,652	6,370	47,439
	year
	Disposals		(187,205)		(187,205)
	At 31 March 2023	57,757	101,732	50,652	210,141
	Net book values
	At 31 March 2023	6,418	360,475	6,946	373,839
	At 31 March 2022	12,835	133,159	12,901	158,895

10	Stocks
		2023	2022
		f	f
	Finished goods	13,931	7,515
		13,931	7,515
	Carrying value analysed by activities	2023	2022
		f	f
	Sale of equipment	13,931	7,515
		13,931	7,515
11	Debtors
		2023	2022
		f	f
	Trade debtors	12,663	3,809
	VAT recoverable	19,427
	Prepayments and accrued income	9,698	11,900
		41,788	15,709
12	Creditors:
	amounts falling due within one year
		2023	2022
		f	f
	Tradecreditors	16,126	8,853
	Other taxes and social security	7,311	9,108
	Other creditors	1,415	15,889
	Accruals	2,224	2,100
		27,076	35,950

Movement in funds
		Incoming
		resources			At 31
			Resources	Gross
	At 1 April	(including other	expended	transfers	March 2023
	2022	gains/losses)
Restricted funds:
Restricted income funds:
Wolfston	22,700		(6,000)	(16,700)
HCV VCSE	29,920		(28,250)	(1,670)
COVID Digital Upgrade
Project	49,833		(1,034)	12,211	61,010
DFG Fund		147,846		(147,846)
East Coast Community Grant		17,154	(603)	47	16,598
Hospital Discharge		27,300	(6,479)		20,821
Later Life Partnership		25,441	(21,712)		3,729
Total	102,453	217,741	(64,078)	(153,958)	102,158
Unrestricted funds:
General funds	378,092	793,746	(796,237)	(51,042)	324,559
Designated funds:
Digital Upgrade				25,000	25,000
Shutdown costs				180,000	180,000
Total				205,000	205,000
Total funds	480,545	1,011,487	(860,315)		631,717

		Unrestricted	Restricted
				Total
		funds	funds
				E
	Fixed assets	290,174	83,665	373,839
	Net current assets	239,384	18,494	257,878
		529,558	102,159	631,717
15	Reconciliation of net debt
				At 31
		At 1 April		March
		2022	Cash flows	2023
		E		E
	Cash and cash equivalents	334,376	(105,141)	229,235
		334,376	(105,141)	229,235
	Net debt	334,376	(105,141)	229,235
16	Commitments
	Operating lease commitments
	Annual commitments under non-cancellable operating leases	are as follows:
	2023	2023	2022	2022
	Land and		Land and
		Other		Other
	buildings		buildings
	E	E	E	E
	Operating leases with expiry date:
	Pension commitments
		2023		2022
	The pension cost charge to the company
	amounted to:	7,078		6,649
	Unpaid contributions due to the fund are
	included in other creditors and amounted to:	1,415		1,256