||||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|
##
##
##
##
##
##
##
##
##
##
##
##