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|Reference and Administrative
Details|||
|---|---|---|
|Trustees' Report||2 to 6|
|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 2&|
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|(Including|Consol|idated
Income and
Recognised|Expenditure
Account
Gains and Losses)|and Statement|ofTotal|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||funds|2022|
||||Note||f,|
|Income and Endowments||from:||||
|Donations
and legacies||||614,055|614,055|
|Charitable
activities||||4,167|4,167|
|Investment
income||||17|17|
|Other income||||2,807,353|2,807,353|
|Total income||||3,425,592|3,425,592|
|Expenditure
on:
Raising funds
8
Charitable
activities|||7
8|(2,214,139)
~849,306|(2,214,139)
~849,306|
|Total expenditure||||~(3,063,445|(3,063,445)|
|Net income||||362,147|362,147|
|Net movement
in funds||||362,147|362,147|
|Reconciliation
offunds||||||
|Total funds brought|forward|||2,465, 1 16|2,465, 116|
|Total funds carried|forward||t8|2,827,263|2,827,263|
|||||Unrestricted|Total|
|||||funds|2021|
||||Note|||
|Income and Endowments||from:||||
|Donations
and legacies||||670,475|670475|
|Charitable
activities||||10,000|10,000|
|Investment
income||||10|10|
|Other income||||1,073,466|1,073,466|
|Total income||||1,753,951|1,753,951|
|Expenditure
on:||||||
|Raising funds
Charitable
activities
Total expenditure|||7
8|(902,246)
~685,402
~(,587,648|(902,246)
~685,402
~(,587,648|
|Net income||||166,303|166,303|
|Net movement
in funds||||166,303|166,303|
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|2021|
|||Note|||
|Reconciliation|offunds||||
|Total funds brought forward|||2,298,813|2,298,813|
|Total funds carried forward||18|||
##
##
|||Consolidated
Balance Sheet as a|t31Decem|ber 2622||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|||
|Fixed assets||||||
|Tangible assets|||12|3,174,506|3,292,607|
|Current assets||||||
|Stocks|||14|245,370|164,918|
|Debtors|||15|59,848|49,891|
|Cash at bank|and in hand|||454,480|460,&15|
|||||759,698|675,624|
|Creditors: Amounts||falling due within one year||~209,077|~115,914|
|Net current|assets|||550,621|559,710|
|Total assets|less current liabilities|||3,725,127|3„852,317|
|Creditors: Amounts
Provisions||failing due after more than one year|17|(897,864)|(1,369,349)
~17,852|
|Net assets||||2 827263|2,465 116|
|Funds ofthe|group:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||2,827,263|2,465,116|
|Total funds|||18|2827263|2 465 116|
##
##
|||Balance Sheet as at 31De|cember 20|22||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|||
|Fixed assets||||||
|Tangible assets|||12|3,000,936|3,207,458|
|Investments||||3&0,646|380,646|
|||||3,381,582|3,588,104|
|Current assets||||||
|Debtors|||15|45,500|45,500|
|Cash at bank|and in hand|||189,106|183192|
|Creditors: Amounts||falling due within one year|16|234,606
~85,189|228,692
(15,543)|
|Wet current|assets|||149,417|213,149|
|Total assets|less current liabilities|||3,530,999|3,801,253|
|Creditors: Amounts||falling due after more than one year|17|~897.864|~(1,369,349|
|Net assets||||2633 135|2431,904|
|Funds ofthe|charity:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||2,633,135|2,431,904|
|Total funds|||18|2 633 135|2,431 904|
##
##
|Consolidated
Statement ofCash Flows fo|r the Year End|ed 31December|2022|
|---|---|---|---|
|||2022|2021|
||Note|g||
|Cash flows from operating
activities||||
|Net cash income||362,147|166,303|
|Adjustments
to cash flows from non-cash items
Depreciation
Investment
income||388,207
~n|596,075
~&o|
|||750,337|762,368|
|Working capital adjustments||||
|Increase in stocks|14|(80,452)|(164,91$)|
|Increase in debtors|15|(9,957)|(21,391)|
|Increase in creditors
(Decrease)/increase
in provisions|16|17,663
~17,852|113,416
17,852|
|Net cash flows from operating
activities||659,739|707,327|
|Cash flows from investing
activities||||
|Interest receivable and similar income
Purchase oftangible fixed assets|6
]2|17
~270,106|10
~40$,957|
|Net cash flows from investing
activities||(270,089)|(408,947)|
|Cash flows from financing
activities
Repayment of loans and borrowings|16|~395 985|162,000|
|Net (decrease)/increase
in cash and cash equivalents||(6,335)|136,380|
|Cash and cash equivalents
at 1 January||460,815|324,435|
|Cash and cash equivalents
at 31December||454480|460 815|
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|3
Income from donations
and legacies|||
|---|---|---|
||Unrestricted||
||funds|Total|
||General|funds|
|||g|
|Gifts and donations|614,055|614,055|
|Total for 2022|614,055|614,055|
|Total for 2021|670,475|670,475|
##
|4
Income from charitable
activities|||
|---|---|---|
||Unrestricted||
||funds|Total|
||General|funds|
||f,|f.|
|Rental Income|4,167|4,167|
|Total for2022|4,167|4,167|
|Total for 2021|10,000|10,000|
##
|5
Incom|e from ot|her trading
activities|||
|---|---|---|---|---|
||||Unrestricted||
||||funds|Total|
||||General|funds|
|Trading income;|||||
|Edutrade|Humber|Ltd|2,807,353|2,&07,353|
|Total for|2022||2,807,353|2,807,353|
|Total for|2021||1,073,466|1,073,466|
|6
Investment
income||||
|---|---|---|---|
||Unr estricted|||
||funds|Total||
||General|funds||
|||g||
|Bank Interest|17||17|
|Total for 2022|17||17|
|Total for 2021|10||10|
##
|Trading Costs - Edutrade|Humber|Ltd|
|---|---|---|
|Total for 2022|||
|Total for 2021|||
||Unrestricted||
|---|---|---|
||funds|Total|
||General|funds|
|Note|f,||
||2,214,139|2,214,139|
||2,214,139|2,214,139|
||902246|902,246|
|||Total|
|||costs|
|||K|
||Unrestricted||
||funds|Total|
||General|funds|
|Note|E||
|9|849,306|849,306|
||685402|685,402|
##
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|Support|costs allocated to charitable|activities|||||
|---|---|---|---|---|---|---|
||||||Premises||
||||||costs|Other|
|||Governance|Finance|Administration|including|support|
|||costs|costs|costs|depreciation|costs|
|Charitable|Activities|g
12,877|39,559|104|357,926|438,840|
||||||Total|Total|
||||||2022|2021|
|||||||g|
|Charitable|Activities||||849,306|685,402|
|Support|costs allocated to charitable|activities|||||
||||||Premises||
||||||costs|Other|
|||Governance|Finance|Administration|including|support|
|||costs|costs|costs|depreciation|costs|
|Charitable|Activities|12,877|39,559|104|357,926|438,840|
|Total for 2021||5,200|60,886|14,731|583,117|21,468|
|||||||Total|
|||||||funds|
|Charitable|Activities|||||849,306|
|Total for 2021||||||685,402|
##
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|11 Auditors'
remuneration|||
|---|---|---|
||2022|2021|
|Other fees to auditors|||
|The auditing ofaccounts ofany associate ofthe charity|6,000|5,000|
|All other non-audit
services||2,250|
||6,000|7,250|
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|Group|||||||
|---|---|---|---|---|---|---|
||Lead aud|Furniture|and||||
||buildings|equipment||Motor vehicles||Total|
|||g||||g|
|Cost|||||||
|At 1 January 2022|4„706,173|98,831|||5,026|4,810,030|
|Additions|254,034|16,072||||270,106|
|At 31December 2022|4,960,207|114,903|||5,026|5,060 136|
|Depreciation|||||||
|At 1 January 2022|1,490,834|25,333|||1,256|1,517,423|
|Charge for the year|364,331|22,934|||942|3&8,207|
|At 31December 2022|1,&55,165|48,267|||2,198|1,905,630|
|Net book value|||||||
|At 31December 2022|3,105,042|66,636|||2,&2&|3,174,506|
|At 31December 2021|3,215,339|73,496|||3,770|3,292,607|
|Charity|||||||
|||||Land|and||
|||||buildings||Total|
|||||g|||
|Cost|||||||
|At 1 January 2022||||4,695,662||4,695,662|
|Additions||||151,991||151,991|
|At 31December 2022||||4,847,653||4,$47,653|
|Depreciation|||||||
|At 1January 2022||||1,488,206||1,488,206|
|Charge for the year||||358,511||358,511|
|At 31December 2022||||1,$46,717||1,846,717|
|Net book value|||||||
|At 31December 2022||||3,000,936||3,000,936|
|At 31December 2021||||3,207,458||3,207,45$|
##
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|Shares in group undertakings
and participating
int|erests||
|---|---|---|
||Subsidiary||
||undertakings|Total|
||f.||
|Cost|||
|At
1 January 2022|380,646|380,646|
|At 31December 2022|380,646|380,646|
|Net book value|||
|At 31December 2022|380,646|380,646|
|At 31December 2021|386,646|380,646|
##
|are as follow|s:||||||
|---|---|---|---|---|---|---|
||||Country of||Proportion ofvoting rights|Principal|
|Undertaking|||incorporation|Holding|and shares held|activity|
||||||2022
2021||
|Subsidiary|undertakings||||||
|Edutrade
Humber||Ltd|United Kingdom||100%
100%|Sale of retail
goods|
##
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##
|14 Stock|||||
|---|---|---|---|---|
|||Group||Charity|
|||2022|2021|2022|
|Stocks||245,370|164,918||
|15 Debtors|||||
||Group||Charity||
||2022|2021|2022|2021|
|Trade debtors|40,119|41,203|||
|Prepayments|11,512|8,688|||
|Other debtors|8,217||45,500|45,500|
||59,848|49,891|45,500|45,500|
|16 Creditors: amounts|falling due|within one year||||
|---|---|---|---|---|---|
|||Group||Charity||
|||2022|2021|2022|2021|
|Bank loans||75,500||75,500||
|Trade creditors||54,861|53,317|(8,024)|(6,226)|
|VAT grant repayable||7,319|8,152|(2,222)||
|Other creditors||41,078|27,561|102||
|Accruals||30,319|26,884|19,833|21,769|
|||209,077|115,914|85,189|15,543|
|17 Creditors: amounts|falling due|after one year||||
|||Group||Charity||
|||2022|2021|2022|2021|
||||||E|
|Loans||897,864|1,369,349|897,864|1,369,349|
##
##
|Group|||||||
|---|---|---|---|---|---|---|
|||||||Balance at31|
|||Balance|at 1|Incoming|Resources|December|
|||January|2022|resources
f|expended
f,|2022|
|Unrestricted|funds||||||
|General||2,465,116||3,425,592|~3,063,445|2,$27,263|
|||||||Balance at31|
|||Balance|at 1|Incoming|Resources|December|
|||January
f|2021|resources
f|expended
f,|2021|
|Unrestricted
General|funds|2,298,813||1,753,951|~1,5S7,64$2,465,116||
|Charity|||||||
|||||||Balance at31|
|||Balance|at 1|Incoming|Resources|December|
|||January|2022|resources
f|expended|2022|
|Unrestricted|funds||||||
|General|||||||
|||||||Balance at31|
|||Balance|at 1|Incoming|Resources|December|
|||January
'f|2021|resources
f|expended|2021|
|Unrestricted|funds||||||
|General||2,359,574||579,635|~507,305|2,431,904|
##
|Group||||
|---|---|---|---|
|||Unrestricted|Total funds at|
|||funds|31December|
|||General|2022|
|Tangible fixed|assets|3,174,506|3,174,506|
|Current assets||759,698|759,698|
|Current
liabilities
Creditors over
1 year||(209,077)
897,864|(209,077)
~$97,$64|
|Total net assets||2,827,263|2,827,263|
|||Unrestricted|Total funds at|
|||funds|31December|
|||General|2021|
||||f,|
|Tangible fixed|assets|3,292,607|3,292,607|
|Current assets||675,624|675,624|
|Current liabilities||(115,914)|(115,914)|
|Creditors over
Provisions|I year|(1,369,349)
17,852)|(1,369,349)
~I7,852|
|Total net assets||2,465,116|2,465, 116|
##
##
|Charity||||
|---|---|---|---|
|||Unrestricted|Total funds at|
|||funds|31December|
|||General|2022|
|Tangible|fixed assets|3,000,936|3,000,936|
|Fixed asset investments||380,646|380,646|
|Current|assets|234,606|234,606|
|Current
liabilities
Creditors over I year||(85,189)
897,864)|(85,189)
~891,864|
|Total net assets||2,633,135|2,633,135|
|||Unrestricted|Total funds at|
|||funds|31December|
|||General|2021|
|Tangible|fixed assets|3,207,458|3,207,458|
|Fixed asset investments||380,646|380,646|
|Current|assets|228,692|228,692|
|Current
Creditors|liabilities
over 1 year|(15,543)
(1,369,349)|{15,543)
~I,369,349|
|Total net assets||2,431,904|2,431,904|
##
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