2023-05-31-accounts

			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	7
Independent Examiner's	Report	8	to	9
Statement of Financial	Activities		10
Statement of Financial	Position	11	to	12
Notes to the Financial Statements		13 to		21

TRUSTEES		M R Ratcliffe MBE
		Mrs P R Ratcliffe
		Mrs JS Hill
		P M Hazel (resigned	10.7.23)
REGISTERED	OFFICE	Wolseley House
		Oriel Road
		Cheltenham
		Gloucestershire
		GL50 1TH
REGISTERED	COMPANY	03141906(England	and Wales)
NUMBER
REGISTERED	CHARITY	1051622
NUMBER
INDEPENDENT	EXAMINER	Andorran Limited
		6 Manor Park Business Centre
		Mackenzie Way
		Cheltenham
		Gloucestershire
		GL51 9TX
SOLICITORS		Willans
		28 Imperial Square
		Cheltenham
		Gloucestershire
		GL50 1RH
BANKERS		Lloyds Bank pic
		130 High Street
		Cheltenham
		Gloucestershire
		GL50 1EW

						31.523	315.22
				Unrestricted	Restricted	Total	Total
			Notes	fund 6	funds f	funds 6	funds 8
INCOME AND ENDOWIIIIENTS		FROM
Donations and legacies			2	141,431	11,580	153,011	218,488
Charitable activities
Chantable				28,823		28,823	32,624
Other trading actirnties			3	56,725	1,212	57,937	36,899
Total				226,979	12,792	239,771	288,011
EXPENDITURE ON
Raising funds				25		25	685
Charitable activities			6
Charitable				251,462	6,217	257,679	253,141
Total				251,487	6,217	257,704	253,826
NET INCOME/(EXPENDITURE)				(24,508)	6,575	(17,933)	34,185
Transfers between	funds		20	(1,374)	1,374
Net movement in funds				(25,882)	7,949	(17,933)	34,185
RECONCILIATION	OF FUNDS
Total funds brought	forward			8,379	395	8,774	(25,411)
TOTAL FUNDS CARRIED FORWARD				(17,503)	8,344	(9,159)	8,774

					31.5.23	31.5 22
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
	Notes		E	E	6	F
FIXED ASSETS
Intangible assets Tangible assets		13 14	18,959 498		18,959 498	22,438 217
Investments		15	1		1	1
			19,458		19,458	22,656
CURRENT ASSETS
Debtors		16	12,790		12,790	7,001
Cash at bank and	in hand		870	8,344	9,214	37,096
			13,660	8,344	22,004	44,097
CREDITORS
Amounts falling due within one year		17	(20,356)		(20,356)	(24,225)
NET CURRENT ASSETS			(6,696)	8,344	1,648	19,872
TOTAL ASSETS	LESS CURRENT
LIABILITIES			12,762	8,344	21,106	42,528
CREDITORS
Amounts falling due after more than one year		18	(30,265)		(30,265)	(33,754)
NET ASSETS			(17,503)	8,344	(9,159)	8,774
FUNDS		20
Unrestricted funds					(17,503)	8,379
Restricted funds					8,344	395
TOTAL FUNDS					(9,159)	8,774

Further explanation of the natur statements.	Further explanation of the natur statements.	e and purpose of each fund is	included in the notes t	o the financi
DONATIONS AND LEGACIES
			31 5.23	31.5.22
			E	E
Donations —individual,	business	and other charitable
organisations			153,011	218,488
OTHER TRADING ACTIVITIES
			31.5.23	31.5.22
			E	2
Other income			4,377	3,103
Shop income Room hire			168 916	633 500
Therapy income Advertising income Outreach income			50,247 1,017 1,212	31,641 654 368
			57,937	36,899

INCOME FROM CHA	RIT	ABLE ACTIVITIES
		Activity		31.5 23	31 5.22 f
Course fees		Charitable		28,823	32,624
RAISING FUNDS
Cost of raising funds				31.5.23 6	31.5.22 f
Purchases					207
Guest speakers				25	478
				25	685
CHARITABLE ACTIVITIES COSTS
			Direct	Support
			Costs (see	costs (see
			note 7) 6	note 8) 6	Totals f
Charitable			255,744	1,935	257,679
DIRECT COSTS OF	CHARITABLE ACTIVITIES
				31.5.23 f	31.5 22 6
Staff costs				83,404	57,166
Rates and water				6,534	5,398
Insurance				150	445
Light and heat Telephone Postage and stationery Advertising Sundries				6,847 340 234 5,174 3,065	10,170 473 401 2,611
Tutor costs				18,564	14,949
Course programmes Rent	and	newsletters		8,545 84,520	19,402 113,985
Maintenance				4,922	3,589
Professional fees				19,506	11,197
Travel and subsistence				193	309
Bank charges Office refreshments				2,542 725	2,671 560
Outreach costs				6,786	4, 126
Depreciation				3,693	3,769
				255,744	251,221

SUPPORT C	OSTS
					Governance
					costs
					F
Chantable					1,935
Support costs, included		in the above, are as follows:
Governance	costs
			31.5.23		31.5.22
					Total
			Charitable		activities
			6		5
Accountancy	and legal	fees	1,935		1,920
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting);
			31.5.23		31.5.22
Depreciation Development	—owned assets costs amortisation		214 3,479		291 3,479

				31.5.23	31.5.22
Chantable	activities			3	3
No employees		received emoluments	in excess of660,000.

	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2023	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2023	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2023	NOTES TO THE FINANCIAL STATEMENTS -continued FOR THE YEAR ENDED 31 MAY 2023
12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restncted		Total
				fund	funds		funds
				6	6		E
	INCOME AND ENDOWMENTS Donations and legacies		FROIVI	212,812	5,676		218,488
	Charitable activities Charitable			32,624			32,624
	Other trading activities			36,531		368	36,899
	Total			281,967	6,044		288,011
	EXPENDITURE ON
	Raising funds			685			685
	Charitable activities
	Charitable			243,339	9,802		253,141
	Total			244,024	9,802		253,826
	NET INCOME/(EXPENDITURE)			37,943	(3,758)		34,185
	Transfers between	funds		1,733	(1,733)
	Net movement in funds			39,676	(5,491)		34,185
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		(31,297)	5,886		(25,411)
	TOTAL FUNDS CARRIED FORWARD			8,379		395	8,774
13.	INTANGIBLE FIXEDASSETS
							Development
							costs
							f
	COST At 1 June 2022 and	31 May 2023					34,790
	AMORTISATION
	At1 June 2022 Charge for year						12,352 3,479
	At 31 May 2023						15,831
	NET BOOK VALUE At 31 May 2023						18,959
	At 31 May 2022						22,438

TANGIBLE FIXED ASSETS
	Fixtures
	and
	fittings
	6
COST
At 1 June 2022	12,665
Additions	495
At 31 May 2023	13,160
DEPRECIATION
At1 June 2022	12,448
Charge for year	214
At 31 May 2023	12,662
NET BOOK VALUE
At 31 May 2023	498
At 31 May 2022	217
FIXED ASSET INVESTMENTS
	Shares	in
	group
	undertakings
	E

DEBTORS:AMOUNTS FALLING DUE WITHIN O	NE YEAR
	31.5.23	31.5.22
	E
Accrued income	2,782
Prepayments	10,008	7,001
	12,790	7,001

17.	CREDITORS: A	MOU	N	TS	FA	LLING DUE WITHIN		ONE Y	EAR
										31.5 23 f	31.5.22
	Bank loans and	overdrafts			(see note 19)					5,040	11,250
	Trade creditors									10,999	7,969
	Social security and other taxes									436	414
	Other creditors									107
	Accruals and deferred			income						3,774	4,592
										20,356	24,225
18.	CREDITORS: AMOUNTS				FALLING DUE AFTER		MORE.THAN ONE YEAR
										31.5.23	31 5.22
										9	F
	Bank loans (see	note		19)						30,265	33,754
19.	LOANS
	An analysis of the maturity				of	loans is given below:
										31.5.23 f	31.5.22 f
	Amounts falling	due within			one year on demand
	Bank loans									5,040	11,250
	Amounts falling	between			one	and two years;
	Bank loans									5,040	11,250
	Amounts falling	due	between			two and five years:
	Bank loans									15,120	22,504
	Amounts falling	due	in	more than five years:
	Repayable by instalments: Bank loans									10,105
20.	MOVEMENT IN	FUNDS
									Net	Transfers
									movement	between	At
						At	1.6.22 E		in funds 8	funds f	31 5.23 E
	Unrestricted funds
	Educational Centre					8,379			(24,508)	(1,374)	(17,503)
	Restricted funds
	Outreach Fund							395	(1,769)	1,374
	Thriving Communities			Fund					6,395		6,395
	Active Gloucestershire			Fund					1,949		1,949
								395	6,575	1,374	8,344
	TOTAL FUNDS					8,774			(17,933)		(9,159)

Net movement in fu	nds	, inclu	ded	in th	e above	are as follows	:
							Incoming	Resources	Movement
							resources f	expended 8	in	funds F
Unrestricted funds
Educational Centre							226,979	(251,487)	(24,508)
Restricted funds
Outreach Fund Thriving Communities Active Gloucestershire		Fund Fund					1,212 7,500 4,080	(2,981) (1,105) (2,131)	(1,769) 6,395 1,949
							12,792	(6,217)		6,575
TOTAL FUNDS							239,771	(257,704)	(17,933)
Comparatives for	movement			in funds
							Net	Transfers
							movement	between		At
						At 1.6.21	in funds	funds	31.5.22
						E	8	6		6
Unrestricted funds
Educational Centre						(31,297)	37,943	1,733		8,379
Restricted funds Outreach Fund						5,886	(3,758)	(1,733)		395
TOTAL FUNDS						(25,411)	34,185			8,774
Comparative net movement			in	funds,	included	in the above	are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
							F	E		E
Unrestricted funds
Educational Centre							281,967	(244,024)		37,943
Restricted funds
Outreach Fund							368	(4,126)		(3,758)
GloW Community Fund Thriving Communities Fund							1,576 4,100	(1,576) (4,100)
							6,044	(9,802)		(3,758)
TOTAL FUNDS							288,011	(253,826)		34,185