2023-03-31-accounts - Hampshire Association For The Care Of The Blind

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						31.3.23	3l.3.22
			Unrestricted	Restricted	Endowment	Total	Total
			fund	fund	fund	funds	funds
		Notes	6			6	6
INCOME AND
ENDO~TS FROM
Donatioas and legacies			199@52	25435		224)687	207,364
Charitable activities
charitable			20,143			20,143	19,056
Other trading activities Investment income		2 3	27,238 173		~1173	27,238 ~1346	21,536 5,606
Total			246,906	25/35	1,173	273)414	253,562
EXPENDITURE ON
Raising funds		4	41,770		15D	41,920	23,029
Charitable activities
charitable			314@44	458206	67477	427,427	403,726
Total			356&614	45,206	67427	469847	428,755
Net (ioss)/gains on investments			~85343		~)IN	~88343	33388)l
NET (EXPENDITURE)/ INCOME			(194,751)	(19,871)	(69,455)	(284,D77)	148,687
RECONCILIATION		OF
FUNDS
Total funds brought	forward		2,589,240	23,428	314,154	2,926,822	2,778,135
Transfer			(17L000)		171,000
TOTAL FUNDS CARRIED
FORWARD			~2223 489	~3557	415,699	~2642 745	~2926 822

	Investments are stated at the market value at the balance shee the net gains and losses arising on revaluations and disposals	Investments are stated at the market value at the balance shee the net gains and losses arising on revaluations and disposals	t date. The statement offinancial act during the year.	ivities includ
	OTHER TRADING ACTIVITIES
			31.3M	31.3.22
	Fundraising	events —branches	27,230	2i,536
3.	INVESTMENT INCOME
	Other fixed	asset invest - Fil	313.23 fi~6	31,3.22 f ~5606
				5,606

4.	RAISING I'UNDS	RAISING I'UNDS
	Investntenl management		costs	31.3.23	31.3.22
				6
	Portfolio management			1~1682	468
5.	SUPPORT COSTS
				31.3,23	31.3.22
	Stafcost			79,003	71,916
	Office estutpmeat	cost		3,231	5,026
	Insurance			4,234	4.378
	Light and heat Telephoue Postage attd stationery Sundries			6,199 2772 3,207 264	5,742 2,428 4,158 792
	Computer expenses Premises expenses			4,094 3,119	5,419 4,614
	Subscriptions			63	633
	Cleaning Depreciation Trustees expenses			4)625 11,023	4,655 11,110 45
	Accountancy fees			2,038	4,920
	Legal fees			1,673	2,855
				~125 545	128.69I

			31&.23	31.3.22
Depreciation -	owned assets		11,023	Il,l10
Other opetatmg leases Amounts payable to independent		exmniner	3,231 ~1200	5,026 ~4920

	Trustees'	expenses	31,3.23	31.3.22
	Trustees'	expenses		45
8.	STAFF	COSTS
			31&.23	31.3.22
	Wages and salaries Social securisy Pension contributions		263,129 23,461 29,480	253,740 20,602 17,116
			~316070	291,458

The average nion	tldy number ofemployees during the ye	ar was asfo!Iowa:
		31.3.23	31.3.22
Service delivery Administration	snd outreach	8 5	8
		13	12

	lnvestmcnts (	neither listed nor unlisted) were as follows:
			31.3.23	31.3.22
	Cash account			~8949
IL	STOCKS		31.3.23	31,3.22
	Stocks		~2685	~5345
12.	DEBTORS;	AMOItNTS FALLING DUK WITHIN ONE YEAR	313.23	31.3.22
			f.
	Other debtors		690	1,150
	Prepayments	and accrued inctsne	927	~17 736
			~1617	18,886
13.	CREDITORS: AMOUNTS FALl ING DUK WITHIN ONE YEAR
			31.3.23	31.3,22
			6
	Trade creditms		2,616	4,271
	Accruals and	deferred income	~6521	5 364
			~9137	9,635

Minimum lease payments under non-cancellable operatin	g leases faU due as follows:
	31.3.23	31.3.22
		f,
Within one year Between one and five years	3,634 5,864	538 2,150
In more than five years		403
		~3091

		Incoming	Resources	Gains and	Movement
		resources f	expended f	losses f,	in funds
Unrestricted	funds
General fund		246,906	(356,614)	($5,043)	(1945751)
Restricted funds		25)335	(45,206)		(19,871)
Endewmeut	funds
Expendable		1,173	(67,527)	(3,100)	(69)455)
TOTAL FVNDS		273,414	~469 4	~88 143)	(2$4,077)

Comparative	net movement in funds	, included in the above are a	s fo)tows;
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		222,351	(409,427)	316,741	129,665
Restricted funds
Restricted funds		25,605-	(7,750)		17,855
Endowment	funds
Expendable		5,60e	(11@78)	7,139	1,167
TOTAL FUNDS		253,562	428,755	323,880	~148 687

		Defined	beneflt
		pensiou 318.22	plans 31.3.21
Present value offunded obligsiians Fair valse ofplan assets		f,'000 (13434) 13401	8'000 (1,'/58) 1 587
Present value ofunfunded	obligations	(33)	(171)
Deficit			171
Net liability		~33	~171

		Deflned	beueflt
		pension	plans
		31.3.22	31.3.21
		83000	f/000
Current	serviae cost	8	9
Net interest from net defined benefit
asset/liability		48
			47
Actuarial	(gain)/loss	~381	~158

Changes	in the present value ofthe defined benefit obligati	on are as follows;
		Detined	benefit
		pension	plans
		3L322	3L321
		8'000	X'000
Opening Current	defined benefit obligation service cost	1,758 8	1,868 9
Contributions by eiuployer loterest cost		1 48	l 38
Aotuarial Benehts	losses/(gains) paid	(306) ~75	(81) ~77
		~1434	1,758

			Defined	benefit
			pensiou	plans
			31.322	31.3.21
			8'080	5'000
Opemng fair value ofscheme Interest income on assets		assets	1,587 43	1,550 32
Remeasurement	gains/(losses)	on
assets			(159)	77
Contributions Contributions Benefits paid	by employer by scheme participants		I ~{75	4 I ~77
			~1401	~1587

Principal actuarial assumption	s at the Balance Sheet date (e	xpressed as weighted averages):
		313.22	3l.321
Discount rate		4.S0%	2.00a/a
Future salary increases		2,70'/o	4.10o/a
Future pension increases		2.70a/o	3.10aa
CPI intlation rate		2,70%	3.10%
Pension accounts revaluation	rate	3.70%	3.10a/a