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|Reference and Administrative
Details||
|---|---|
|Trustees' Report|2to6|
|Independent
Auditors' Report|7to 10|
|Consolidated
Statement ofFinancial Activities|11to 12|
|Consolidated
Balance Sheet|13|
|Balance Sheet|14|
|Consolidated
Statement ofCash Flows|15|
|Notes to the Financial Statements|16to 30|
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||||Reference and Administrative
D|etails|
|---|---|---|---|---|
||||Mr AJLedgeway||
||||Russell Graham Walker||
||||RolfSmaldon||
|Charity|Reghtratloa|Number|1056607||
|Principal|OAice||7Bedford Road||
||||Nunthorpe||
||||Middlesborough||
||||TS7OBY||
|Auditor|||mca Banbury Ltd||
||||4 - 6The Wharf Centre||
||||Wharf Street||
||||Warwick||
||||Warwickshire||
||||CV34 5LB||
|Bankers|||Virgin Money - Clydesdale/Yorkshire|Bank|
||||30StVincent Place||
||||Glasgow||
||||Gl 2HL||
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|202?|
||||Note|g||
|Income and Endowments||from:||||
|Donations
and legacies||||203,000|203,000|
|Clwritable
activities||||10,000|10,000|
|Investment
income||||4,435|4,435|
|Other income||||1,442,542|1,442,542|
|Total income||||1,659,977|1,659 977|
|Expenditure
on:||||||
|Raising funds
Charitable
activities
Total expenditure|||7
8|(1,271,220)
~298,31
~1,569.53|(1,271,220)
~298,31
~1.569,537|
|Net income||||90,440|90,440|
|Net movement
in tljnds||||90,440|90,440|
|Reconciliation offunds||||||
|Total funds brought|forward|||3,737,212|3,737/12|
|Tel funds carried|forward||18|3827,652|3,827,652|
|||||Unrei&40566|To&65|
|||||funds|2021|
||||Note|||
|Income and Endowments||from:||||
|Donations
and legacies||||521,375|521,375|
|Charitable
activities||||10,000|10,000|
|Other income||||684,063|684,063|
|Total income||||1,215,438|1@15,438|
|Expenditure
on:||||||
|Raising funds
Charitable
activities|||7
&|(626,548)
~16&.959|(626„548)
~168,959|
|Total expenditure||||~795.50|~795,50|
|Net income||||419931|419,931|
|Net movement
in funds||||419,931|4'!9,931|
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|||Recognis|ed Gains and Losses)|||
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||funds|2021|
||||Note|||
|Reconciliation|of'funds|||||
|Total funds brought||forward||3/17,281|3,317,281|
|Total funds carried||forward||3,737,212|3,737,212|
##
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||||||||||202I|
|---|---|---|---|---|---|---|---|---|---|
||||||Note||||8|
|Fixed assets||||||||||
|Tangible assets||||||12|3,240,461||3/81,572|
|Current assets||||||||||
|Stocks||||||14||98,455|98,899|
|Debtors||||||15||39,943|39,152|
|Cash at bank|and in hand|||||16||536,983|392,856|
|Creditors: Axnounts||fa11ing due||within one year||17|675,381
S30,907
~88,130 ~75,267|||
|Net cnrrent|assets||||||587,191||455,640|
|Net assets|||||||3,827,652||3,737,212|
|Funds ofthe group:||||||||||
|Unrestricted|income|funds||||||||
|Unrestricted|funds||||||3,827,652||3,737/12|
|Total hands||||||18|3,827,652||3,737,212|
|The financial|statements||on pages|11 to 30were approved|by the heaters|aad|authorised|for issue oe Za~e?.
. . /e(L3||
|and signed on their behalf|||by;|||||||
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||||Balance Sheet as «t|31Decembe|r 20|22||
|---|---|---|---|---|---|---|---|
||||||||2021|
|||||Note||||
|Fixed assets||||||||
|Tangible assets||||||3,196@17|3,223,522|
|Investments||||||204,062|204062|
|||||||3,400,979|3,427,S84|
|Current assets||||||||
|Cash atbank and in hand
Creditors: Amounts
falling due within one year||||16
32||411,206
307,433
~9,184) ~(5,320||
|Net current|assets|||||402,022|302,113|
|Nst assets||||||3,803,001|3,729,697|
|Funds ofthe|charity:|||||||
|Unrestricted|income|funds||||||
|Unrestricted|funds|||||3,803,001|3,729,697|
|Total funds||||18||3,803,001|3,729,697|
|The financial|statements||on pages 11to 30were approved|by the trustees|and|authorised
for issue on .....,....,......,..
/'8(84.2||
|and signed on their behalf|||by;|||||
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||||||202I|
|---|---|---|---|---|---|
||||Note|||
|Cash ilows from operating|activities|||||
|Net cash income||||90,440|419,931|
|Adjustments
tosash Qovrs from non-cash||items||||
|Depreciation
Investment
income|||7
6|105,694
~4,435|114,702|
|||||191,699|534,633|
|%orking capital adjustments||||||
|Decreasef(increase)
in stocks|||14|444|(9$,$99)|
|Increase in debtors|||15|(791)|(34,152)|
|Increase in creditors|||17|12923|74,067|
|Net cash flows from operating|activities|||204,275|475,649|
|Cash flows from investing
activities||||||
|Interest receivable and siinilar income
Purchase oftangible
fixed assets|||6
12|4,435
~64583|~ll 0.070|
|Net cash flows from investing|activities|||~60,148|110,070|
|Net increase in cash and cash|equivalents|||144,127|365,579|
|Cash and cash equivalents
at 1January||||392,856|27 27'7|
|Cash and cash equivalents
at31December||||536,983|392,856|
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|5
Income from other trading activities|||
|---|---|---|
||Unrestricted||
||funds|Total|
||Genera]|funds|
||s||
|Trading Income - Aced Trading Limited|1,442,542|1,442,542|
|Total for 2022|1,442,542|1,442,542|
||Unrestricted||
||fuads|Total|
||General|2021|
|Trading Income - Acad Trading Limited|684,063|684,063|
|Total for2021|684,063|684063|
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|11Auditors'
remuneration|||
|---|---|---|
||2022|2021|
|Other foes to auditors|||
|The auditing ofaccounts ofany associate ofthe charity|6,000|5,000|
|Alf other non-audit
services||2,250|
||9,$I9|7,250|
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|Group||||
|---|---|---|---|
||Land and|Furniture
and||
||buildings|equipment|Total|
||8|8|8|
|Cost||||
|At 1 January 2022|3,&83,817|76,181|3,959,99S|
|Additions|61,025|3,558|64,583|
|At 31 December 2022|3,944,842|79,739|4624,581|
|Depredation||||
|At 1 January 2022|651,439|26,987|678,426|
|Charge forthe year|88,726|16,968|105,694|
|At 31December'2022|740,165|43,955|784,120|
|Net book value||||
|At 31December 2022|3,204,677|35,784|3,240,461|
|At 31December 2021|3,232,378|49,194|3+81,572|
|Charity||||
|||Land and||
|||buildings|Total|
|Cost||||
|At 1 January 2022||3872S49|3 S72849|
|Additions||61,025|61,025|
|At 31December 2022||3,933,874|3,933,874|
|Depreciation||||
|At 1 Jannaiy 2022||649,327|649,327|
|Charge for the year||87,629|SZ,630|
|At 31December 2022||736,956|736957|
|Net book value||||
|At 31December 2022||3,196,918|3,196,917|
|At 31December 2021||3,223,522|~33422|
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|Shares in group undertakings
and participating
int|erests||
|---|---|---|
||Subsidiary||
||undertakings|Total|
|Cost|||
|At 1 January 2022|204 062|204,062|
|At 31December 2022|204,062|204,062|
|Net book value|||
|At 31December 2022|204,062|204,062|
|At 31December 2021|204,062|204,062|
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|are as follow|s:||||||
|---|---|---|---|---|---|---|
|||Country of||Proportion|ofvoting rights|Principal|
|Undertaking||incorporation|Holding|and shams|held|activity|
|||||2022|2021||
|Subsidiary|undertaldngs||||||
|Aced Trading Limited||United Kingdom||100%|100%|Sale ofretails
goods|
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|17 Creditors: amounts
falling du|e within one year||||
|---|---|---|---|---|
||Group||Charity||
||202Z|2021|Z022|2021|
|Trade creditors|54,761|47,539|4,435|320|
|VAT grant repayable|7,534|3,178|||
|Other creditors|12,873|13,390|(1)||
|Accruals|13,022|11,160|4,750|5,000|
||88 190|75267|9,184|5,320|
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|Group||||||
|---|---|---|---|---|---|
||||||Balance at31|
|||Bahnce at 1|Incoming|Resources|December|
|||January 2022|resources|expended|20?2|
||||g|g|g|
|Unrestricted|funds|||||
|General||512,352|1,659,977|(1,569,537)|602,792|
|Designated||3,224,860|||3324,860|
|Total funds||3,737212|1,6S9977|~1,569,53|3 827,652|
||||||Balance at31|
|||Balance at 1|Incoming|Resources|December|
|||January 2021|resources|expended|2021|
||||g||g|
|Unrestricted|funds|||||
|General||92,421|1,215,438|(795,507)|512,352|
|Designated||3,224,860|||3+24,860|
|Total funds||3,317,281|1,21S.438|~795,59|3,737,212|
|Charity||||||
||||||Balance at31|
|||Balance at 1|Incomiag|Resources|December|
|||January 2022|resources|expended|2022|
|||8||||
|Unrestricted|funds|||||
|General||504,837|371,621|(298,317)|578,141|
|Designated||3424,860|||3/24,860|
|Total funds||3,729,697|371.621|~298,31|3,803,001|
##
||||||Sal«nce «t31|
|---|---|---|---|---|---|
|||Balance «t 1|Incoming|Resources|December|
|||January 2021|resources|expended|202I|
|Unrestricted|funds|||||
|General||92,421|581,375|(168,959)|504,837|
|Designated||3,224,860|||3,224,860|
|Total funds||||||
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|Group|||
|---|---|---|
||Unrestricted|Total funds at|
||funds|31December|
||General|2022|
|Tangible fixed assets|3440,461|3/40,461|
|Current assets
Current liabilities|675,381
~88,100|675,381
~88,130|
|Total net assets|3,827,652|3,827,652|
||Unrestricted|Total 1'unde at|
||funds|31December|
||General|2021|
||e||
|Tangible fixed assets|3,281,572|3@81„572|
|Current assets
Current liabilities|530,907
~73 67|530,907
~73 26|
|Total net assets|3,737312|3,?37212|
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||Unrestricted|Total funds at|
|---|---|---|
||funds|31December|
||General|2022|
|Tangible fixed assets|3,196„917|3,196,917|
|Fixed asset investments
Current assets
Current liabilities|204,062
411,206
~9,124|204,062
411,206
~9,1$4|
|Total net assets|3,803,001|3,803,001|
||Unrestricted|Total funds at|
||funds|31December|
||Ccncral|2021|
|Tangible 6xed assets|3723522|3,223,522|
|Fixed asset investments|204,062|204,062|
|Curlellt assets
Current liabilities|307,433
(5,320)|307,433
~(5,326|
|Total net assets|3729697|3,729,697|
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