||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|
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|||**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|
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|**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|
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|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.|
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|||**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|
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|**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**|
||**Trade**creditors|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|
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|**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|
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|||**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|
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