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2022-12-31-accounts
| Reference and Administrative Details |
1 |
| Trustees' Report |
2 to 6 |
| Independent Auditors' Report |
7 to 9 |
| Statement of Financial Activities |
10 |
| Balance Sheet |
11 |
| Statement of Cash Flows |
12 |
| Notes to the Financial Statements |
13 to 25 |
|
|
Unrestricted |
Total |
|
|
Funds |
2022 |
|
Note |
|
|
| Income and Endowments from: |
|
|
|
| Donations and legacies |
3 ' |
|
|
| Charitable activities |
5 |
105,346 |
105,346 |
| Total income |
|
105,346 |
105,346 |
| Expenditure on: |
|
|
|
| Charitable activities |
6 |
(129,756) |
(129,756) |
| Total Expenditure |
|
(129,756) |
(129,756) |
| Net income |
|
(24,410) |
(24,410) |
| Net movement in funds |
|
(24,410) |
(24,410) |
| Reconciliation of funds |
|
|
|
| Total funds brought forward |
18 |
156,634 |
156,634 |
| Total funds carried forward |
|
132,224 |
132,224 |
|
|
Unrestricted |
Total |
|
|
Funds |
2021 |
|
Note |
|
|
| Income and Endowments from: |
|
|
|
| Donations and legacies |
3 |
71 |
71 |
| Charitable activities |
5 |
104,736 |
104,736 |
| Total income |
S |
104,807 |
104,807 |
| Expenditure on: |
|
|
|
| Charitable activities |
6 |
(99,303) |
(99,303) |
| Total Expenditure |
|
(99,303) |
(99,303) |
| Net income |
|
5,504 |
5,504 |
| Net movement in funds |
|
(5,504) |
(5,504) |
| Reconciliation of funds |
|
|
|
| Total funds brought forward |
|
151,130 |
151,130 |
| Total funds carried forward |
18 |
156,634 |
156,634 |
|
|
2022 |
2021 |
|
Note |
f |
f |
| Fixed assets |
|
|
|
| Tangible assets |
13 |
664 |
220 |
| Current assets |
|
|
|
| Stocks |
14 |
68,513 |
67,826 |
| Debtors |
15 |
5,513 |
5,755 |
| Cash at bank and in hand |
16 |
75,465 |
94,617 |
|
|
149,492 |
168,197 |
| Creditors: Amounts falling due within one year |
17 |
(17,931) |
(11,783) |
| Net current assets |
|
131,561 |
156,414 |
| Net Assets |
|
132,224 |
156,634 |
| Funds o f the charity: |
|
|
|
| Unrestricted income funds |
|
|
|
| Unrestricted income |
18 |
132,224 |
156,634 |
| Total Funds |
|
132,224 |
156,634 |
|
|
2022 |
2021 |
|
Note |
£ |
£ |
| Cash flows from operating activities |
|
|
|
| Net cash income/(expenditure) |
|
(24,410) |
5,504 |
| Adjustments to cash flows from non−cash items |
|
|
|
| Depreciation |
|
170 |
401 |
|
|
(24,240) |
5,905 |
| Working capital adjustments |
|
|
|
| (Increase)/decrease in stocks |
14 |
(688) |
8,205 |
| Decrease/(increase) in debtors |
15 |
241 |
(1,241) |
| Increase/(decrease) in creditors |
17 |
6,939 |
(15,125) |
| Net cash flows from operating activities |
|
(17,747) |
(2,256) |
| Cash flows from financing activities |
|
|
|
| Purchase of fixed assets |
13 |
(613) |
− |
| Cash flows from financing activities |
|
|
|
| Repayment of loans and borrowings |
17 |
(791) |
(8,862) |
| Net decrease in cash and cash equivalents |
|
(19,152) |
(11,118) |
| Cash and cash equivalents at 01 January |
|
94,617 |
105,735 |
| Cash and cash equivalents at 31 December |
|
75,465 |
94,617 |
| Asset class |
Depreciation method and rate |
| Furniture and fittings |
10% straight line basis |
| Computer and office equipment |
20% straight line basis |
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
£ |
£ |
| Donations and legacies; |
|
|
|
| Legacies |
|
|
|
| Total for 2022 |
|
|
|
| Total for 2021 |
|
71 |
71 |
4
Income from grants |
|
|
|
|
Unrestricted |
Total |
Total |
|
funds |
2022 |
2021 |
|
£ |
£ |
£ |
| Grants, including capital grants; |
|
|
|
| Government grants |
|
|
21,814 |
| Grants receivable |
− |
|
10,000 |
|
|
|
31,814 |
|
Unrestricted |
Total |
|
funds |
2022 |
|
£ |
£ |
| Bookshop Sales |
105,346 |
105,346 |
| Grants Receivable |
|
|
|
105,346 |
105,346 |
|
Unrestricted |
Total |
|
funds |
2021 |
|
£ |
£ |
| Bookshop Sales |
72,921 |
72,921 |
| Grants Receivable |
31,814 |
31,814 |
|
104,735 |
104,735 |
|
Unrestricted |
Total |
|
funds |
2022 |
|
E |
E |
| Cost of Sales |
76,611 |
76,611 |
| Employment costs |
38,276 |
38,276 |
| Establishment costs |
3,016 |
3,016 |
| Subscriptions |
125 |
125 |
| Computer Expenses |
2,275 |
2,275 |
| Printing, postage and stationery |
445 |
445 |
| Sundry and other costs |
268 |
268 |
| Advertising and promotion |
225 |
225 |
| Bad and doubtful debts |
(3,269) |
(3,269) |
| Bank charges |
4,013 |
4,013 |
| Depreciation |
170 |
170 |
|
122,156 |
122,156 |
|
Unrestricted |
Total |
|
funds |
2021 |
|
E |
E |
| Cost of Sales |
35,253 |
35,253 |
| Employment costs |
46,690 |
46,690 |
| Establishment costs |
1,258 |
1,258 |
| Subscriptions |
125 |
125 |
| Computer Expenses |
2,265 |
2,265 |
| Printing,postage and stationery |
4,679 |
4,679 |
| Sundry and other costs |
368 |
368 |
| Bad and doubtful debts |
1,871 |
1,871 |
| Bank charges |
3,294 |
3,294 |
| Depreciations |
401 |
401 |
|
96,204 |
96,204 |
|
Unrestricted |
Total |
|
funds |
funds |
|
£ |
£ |
| Audit fees |
|
|
| Audit of the financial statements |
7,600 |
7,600 |
| Total for 2022 |
7,600 |
7,600 |
| Total for 2021 |
3,100 |
3,100 |
|
2022 |
2021 |
|
|
£ |
£ |
|
| Audit fee |
7,600 |
|
3,100 |
| Depreciation of fixed assets |
170 |
|
401 |
10
Staff costs
The aggregate payroll costs were as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Staff costs during the year were: |
|
|
| Wages and salaries |
33,658 |
41,871 |
| Social security costs |
2,958 |
1,983 |
| Pension costs |
1,660 |
2,836 |
|
38,276 |
46,690 |
|
2022 |
2021 |
|
No |
No |
| Managerial |
1 |
1 |
| Administrative |
1 |
1 |
| Shop assistants |
1 |
1 |
|
3 |
3 |
11
A |
uditor |
s' renume |
ration |
|
|
|
|
|
|
2022 |
2021 |
|
|
|
|
£ |
£ |
| Audit |
of the |
financial |
statements |
7,600 |
3,100 |
13
Tangible fixed assets |
|
|
|
|
|
**Furniture ** |
and |
Computer |
|
|
Equipment |
|
equipment |
Total |
|
E |
|
|
E |
| Cost |
|
|
|
|
| At 1 January 2022 |
93,516 |
|
23,098 |
116,614 |
| Additions |
|
|
613 |
613 |
| At 31 December 2022 |
93,516 |
|
23,711 |
117,227 |
| Depreciation |
|
|
|
|
| At 1 January 2022 |
93,308 |
|
23,086 |
116,394 |
| Charge for the year |
|
89 |
81 |
170 |
| At 31 December 2022 |
93,397 |
|
23,167 |
116,564 |
| Net Book Value |
|
|
|
|
| At 1 January 2022 |
|
119 |
544 |
664 |
| At 31 December 2021 |
|
208 |
12 |
220 |
14
Stock |
|
|
|
|
|
|
|
2022 |
2021 |
| Stocks |
|
|
68,513 |
67,826 |
15
Debtors |
|
|
|
|
|
|
|
2022 |
2021 |
|
|
|
|
E |
| Trade Debtors |
|
S |
3,022 |
3,655 |
| Prepayments |
|
|
2,491 |
2,100 |
| Other debtors |
|
|
0 |
0 |
|
|
|
5,513 |
5,755 |
16
Cash and cash equivalents |
|
|
|
|
|
|
|
2022 |
2021 |
|
|
|
E |
E |
| Cash on hand |
|
|
127 |
123 |
| Cash at bank |
|
|
75,338 |
94,494 |
|
|
|
75,465 |
94,617 |
17
Creditors: amounts failing due within one year |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Trade creditors |
1,983 |
2,696 |
| Other loans |
3,875 |
4,667 |
| Other taxation and social security |
1,914 |
1,007 |
| Other creditors |
2,139 |
|
| Accruals |
8,020 |
3,414 |
|
17,931 |
11,783 |
|
Balance |
|
|
|
|
at 1 |
|
|
|
|
January |
Incoming |
Resources |
Balance at 31 |
|
2022 |
resources |
expended |
December 2022 |
|
£ |
£ |
£ |
£ |
| Unrestricted |
|
|
|
|
| General |
156,634 |
105,346 |
(129,756) |
132,224 |
|
Balance |
|
|
|
|
at 1 |
|
|
|
|
January |
Incoming |
Resources |
Balance at 31 |
|
2021 |
resources |
expended |
December 2021 |
|
f |
£ |
£ |
f |
| Unrestricted |
|
|
|
|
| General |
151,130 |
104,807 |
(99,303) |
156,634 |
19
Analysis of net assets between fun |
ds |
|
|
|
|
|
|
Unrestricted |
Total funds at |
|
|
|
funds |
31−Dec |
|
|
|
General |
2022 |
| Tangible fixed assets |
|
|
664 |
664 |
| Current assets |
|
|
149,492 |
149,492 |
| Current liabilities |
|
|
17,931 |
17,931 |
| Total net assets |
|
|
168,086 |
168,086 |
|
|
|
Unrestricted |
Total funds at |
|
|
|
funds |
31−Dec |
|
|
|
General |
2021 |
| Tangible fixed assets |
|
|
220 |
220 |
| Current assets |
|
|
168,198 |
168,198 |
| Current liabilities |
|
|
(11,784) |
(11,784) |
| Total net assets |
|
|
156,634 |
156,634 |
20
Analysis of net funds |
|
|
|
|
|
**At ** |
1 |
Financial |
At 31 |
|
Janauary |
|
cash |
December |
|
2022 |
|
flow |
2022 |
|
£ |
|
£ |
£ |
| Cash at bank and in hand |
|
94,618 |
19,153 |
75,465 |
| Debt due within one year |
(11,784) |
|
29,715 |
17,931 |
| Net debt |
|
82,834 |
48,868 |
93,396 |
|
**At ** |
1 |
Financial |
At 31 |
|
Janauary |
|
cash |
December |
|
2021 |
|
flow |
2021 |
|
£ |
|
£ |
£ |
| Cash at bank and in hand |
105,735 |
|
(11,117) |
94,618 |
| Debt due within one year |
(35,771) |
|
23,987 |
(11,784) |
| Net debt |
|
69,964 |
12,870 |
82,834 |