| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 |
| Statement ofTrustees' Responsibilities |
|||
| Report ofthe Independent Auditors |
6 | lo | 9 |
| Statement of Financial Activities | 10 | ||
| Balance Sheet | |||
| Cash Flow Statement | 12 | ||
| Notes to the Cash Flow Statement | |||
| Notes to the Financial Statements | 14 | to | 19 |
| Detailed Statement of Financial Activities | 20 |
| Statement of Financial for the Year Ended 31 |
Activit March |
ies 2023 |
|||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Unrestricted | Total | Total | |||||
| Notes | fund f |
Restricted f |
funds 6 |
fundsf | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
17,338 | 17,338 | 9,503 | ||||
| Charitable activities |
|||||||
| Government &public authority |
grants | 409,193 | 409,193 | 327,930 | |||
| Charitable trusts |
10,000 | ||||||
| Other grants | 7,754 | 59,000 | 66,754 | 233,293 | |||
| Investment Income |
~1347 | 1,347 | 36 | ||||
| Total | ~435 632 | 59,000 | ~494632 | 580,762 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
5 | ||||||
| General Administration |
& Management | 517,694 | ~59 000 | 576,694 | 507,967 | ||
| NET INCOME/(EXPENDITURE) | (82,062) | (82,062) | 72,795 | ||||
| RECONCILIATION OF |
FUNDS | ||||||
| Total funds brought forward |
588,473 | 588,473 | 515,678 | ||||
| TOTAL FUNDS CARRIED FORWARD | 506,411 | 506,411 | ~588 473 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||||
| fund | Restricted | funds | funds | |||||
| Notes | f | |||||||
| FIXEDASSETS | ||||||||
| Tangible | assets | 11 | 11,165 | 11,165 | 10,055 | |||
| CURRENT ASSETS | ||||||||
| Debtors | 12 | 157 | 24,000 | 24,157 | 69,000 | |||
| Cash at | bank and | ln hand | ~538 474 | 538,474 | 693,525 | |||
| ' | ||||||||
| 538,631 | 24,000 | 562,831 | 762,525 | |||||
| CREDITORS | ||||||||
| Amounts | falling due within one year | 13 | (43,385) | (24,000) | (67,385) | (184,107) | ||
| NET CURRENT ASSETS | ~495 246 | ~495246 | ~578 418 | |||||
| TOTAL | ASSETS | LESSCURRENT | LIABILITIES | 506,411 | 506,411 | 588,473 | ||
| NET ASSETS | 506,411 | 506,411 | 588,473 | |||||
| FUNDS | 14 | |||||||
| Unrestricted funds |
506,411 | 588,473 | ||||||
| TOTAL | FUNDS | ~506 411 | 588,473 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | 6 | ||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
1 | ~151,566 | 187,167 | ||
| Nei cash (used in)/provided | by operating | activities | ~151566) | 187,167 | |
| Cash flows from Investing | activities | ||||
| Purchase oftangible fixed assets |
(4,832) | (4,541) | |||
| Interestreceived | 1,347 | 37 | |||
| Nst cash used In investing |
activities | ~3485) | ~4,505) | ||
| Change in cash and cash |
equivalents | In | |||
| the reporting period |
(155,051) | 182,662 | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting |
period | ~693525 | ~510863 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
538,474 | 693,525 |
| RECONCILIATION ACTIVITIES |
OF NET | (EXPENDITURE | )/INCOME TO NET CASH F |
LOW FROM OPERATIN | G |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 6 | f | ||||
| Net (expenditure)/Income | for the reporting | period (as per the | |||
| Statement of Financial Activities) | (82,062) | 72,795 | |||
| Adjustments for: |
|||||
| Depreciation charges |
3722 | 3,351 | |||
| Interest received | (1,347) | (36) | |||
| Decrease/(increase) | In debtors | 44,843 | (12,184) | ||
| (Decrease)/increase | in creditors | ~116,722 | ~123241 | ||
| Net cash (used In)/provided | by operations | ~151 566) | 187,167 |
| ANALYSIS OF C | HANGES IN NET FUNDS |
|||
|---|---|---|---|---|
| At 1.4.22 6 |
Gash flow f |
At 31.3.23 f |
||
| Net cash | ||||
| Cash at bank and | in hand | ~693525 | ~155051) | ~538474 |
| 693,525 | ~155051) | 538,474 | ||
| Total | 693,525 | ~155051) | 538,474 |
| DONATIO | N | S AND LEG |
ACIES | ||||
|---|---|---|---|---|---|---|---|
| 2023 6 |
2022f | ||||||
| Donations | ~17338 | ~9503 | |||||
| ~17 338 | 9,503 | ||||||
| INVESTMENT INCOME | |||||||
| 2023 | 2022 | ||||||
| 6 | 2 | ||||||
| Deposit account interest | 1,347 | 36 | |||||
| INCOME | FROM CHARITABLE ACTIVITIES | ||||||
| Activity | 2023 | 2022f | |||||
| Government | &public | ||||||
| authority | grants | Government | & public authority | grants | 409,193 | 327,930 | |
| Charitable | Trusts | Charitable | trusts | 10,000 | |||
| Other grants | Other grants | 66,754 | 233,293 | ||||
| ~475 947 | 571,223 | ||||||
| CHARITABLE ACTIVITIES COSTS | |||||||
| Support | |||||||
| costs (see | |||||||
| note 6) | |||||||
| 0 | |||||||
| General Administration | & Management | ~576 694 |
| Governance | |||||
|---|---|---|---|---|---|
| Management f |
costs | Totals F |
|||
| General | Administration | & Management | ~557 740 | ~18954 | 576,694 |
| NET INCOME/(EXPENDITURE) | |||||
| Net Income/(expenditure) | Is stated after charging/(crediting): | ||||
| 2023 | 2022 | ||||
| 6 | |||||
| Auditors' | remuneration | 3,480 | 3,150 | ||
| Depreciation -owned assets |
~3722 | 3,351 |
| STAFF COSTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2023f | 2022 6 |
|||||||
| Wages and salaries | 435,716 | 391,795 | ||||||
| Social security costs | 34,357 | 28,267 | ||||||
| Other pension costs | 11,633 | 7,454 | ||||||
| 481,706 | 427,516 | |||||||
| The average monthly |
number ofemployees | during | the year was as follows: | |||||
| 2023 | 2022 | |||||||
| Management and administration |
18 | 18 | ||||||
| No employees received |
emoluments | In excess of | f60,000. | |||||
| COMPARATIVES FOR |
THE STATEMENT | OF FINANCIAL ACTIVITIES | ||||||
| Unrestricted | Total | |||||||
| fundf | Restricted F |
funds F |
||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
9,503 | 9,503 | ||||||
| Charitable activities |
||||||||
| Government & public |
authority | grants | 327,930 | 327,930 | ||||
| Charitable trusts |
10,000 | 10,000 | ||||||
| Other grants | 43,331 | 189,962 | 233,293 | |||||
| Investment income |
36 | 36 | ||||||
| Total | 360,800 | 199,962 | 580,762 | |||||
| EXPENDITURE ON | ||||||||
| Charitable activities |
||||||||
| General Administration | &Management | 308,005 | 199,962 | 507,967 |
| 10. | COMPARATIVES | FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | ||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| fund | Restricted | funds | ||||
| 8 | 8 | |||||
| NET INCOME | 72,795 | 72,795 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought |
forward | 515,678 | 515,678 | |||
| TOTAL FUNDS CARRIED | FORWARD | 588,473 | 588,473 | |||
| 11. | TANGIBLE FIXED | ASSETS | ||||
| Computer | ||||||
| equipment f |
||||||
| COST | ||||||
| At 1 April 2022 Additions |
27,522 ~4832 |
|||||
| At 31 March 2023 | ~32 354 | |||||
| DEPRECIATION | ||||||
| At 1 April 2022 | 17,467 | |||||
| Charge for year | ~3722 | |||||
| At 31 March 2023 | ~21 189 | |||||
| NET BOOK VALUE | ||||||
| At 31 March 2023 | 11,165 | |||||
| At 31 March 2022 | 10,055 | |||||
| 12. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR |
|||||
| 2023 | 2022 | |||||
| 8 | f | |||||
| Prepayments and accrued |
income | ~24 157 | ~89 000 | |||
| 13. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2023 | 2022 | |||||
| 6 | ||||||
| Social security and | other taxes | 9,836 | 8,404 | |||
| Pension contributions | 2,353 | 1,474 | ||||
| Other creditors | 10,405 | 10,270 | ||||
| Deferred income | ~44 791 | 163,959 | ||||
| ~67 385 | 184,107 |
| MOVEMENT | IN FUNDS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Net | |||||||||
| movement | At | ||||||||
| At 1.4.22 | in funds | 31.3.23 | |||||||
| f | f | ||||||||
| Unrestricted | funds | ||||||||
| General fund |
588,473 | (82,062) | 506,411 | ||||||
| TOTAL FUNDS | ~588473 | ~82 062) | ~506411 | ||||||
| Nst movement | ln funds, | included | in the above | are as follows: | |||||
| Incoming | Resources | Movement | |||||||
| resources f |
expended f |
in funds f |
|||||||
| Unrestricted | funds | ||||||||
| General fund |
435,632 | (517,694) | (82,062) | ||||||
| Restricted funds | |||||||||
| Restricted reserves | 59,000 | (59,000) | |||||||
| TOTAL FUNDS | 494,632 | ~576,694) | /82, 062) | ||||||
| Comparatlves | for movement | in | funds | ||||||
| Net | |||||||||
| movement | At | ||||||||
| At 1.4.21 f. |
in funds f |
31.3.22 f |
|||||||
| Unrestricted | funds | ||||||||
| General fund | 515,678 | 72,795 | 588,473 | ||||||
| TOTAL FUNDS | ~515 678 | 72,795 | 588,473 | ||||||
| Comparative | net movement | in | funds, | included | in the above are as follows: | ||||
| Incoming | Resources | Movement | |||||||
| resources f |
expended f |
in funds f |
|||||||
| Unrestricted | funds | ||||||||
| General fund |
380,800 | (308,005) | 72,795 | ||||||
| Restricted funds |
|||||||||
| Restricted reserves | 199,982 | (199,962) | |||||||
| TOTAL FUNDS | 580,782 | (507,967) | 72,795 |
| for the Year E | nded 31 March | 2023 | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 6 | 5 | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and |
legacies | ||||
| Donations | ~17 338 | ~9503 | |||
| 17,338 | 9,502 | ||||
| Investment Income |
|||||
| Deposit account interest | 1,347 | 36 | |||
| Charitable activities |
|||||
| Government & |
public authority | grants | 409,193 | 327,930 | |
| Charitable Trusts |
10,000 | ||||
| Other grants | 66,754 | 233,293 | |||
| ~475947 | ~571 223 | ||||
| Total Incoming | resources | 494,632 | 580,762 | ||
| EXPENDITURE | |||||
| Support costs | |||||
| Management | |||||
| Wages | 435,716 | 391,795 | |||
| Social security | 34,357 | 28,267 | |||
| Pensions | 11,633 | 7,454 | |||
| Rent 8 rates | 15,265 | 18,611 | |||
| Insurance | 2,362 | 2,334 | |||
| Telephone | 12,134 | 10,888 | |||
| Postage and | stationery | 1,784 | 1,674 | ||
| Subscriptions | 7,761 | 9,002 | |||
| Sundries | 15,126 | 8,868 | |||
| Computer and |
software | 13,825 | 4,294 | ||
| Repairs & renewals | 1,473 | 602 | |||
| Travel & staff |
training | 2,582 | 4,020 | ||
| Depreciation | of tangible assets | 3 722 | 3,351 | ||
| 557,740 | 491,160 | ||||
| Governance | costs | ||||
| Auditors' remuneration |
3,480 | 3,150 | |||
| Accountancy | and legal fees | ~15474 | 13,657 | ||
| ~18954 | 16,807 | ||||
| Total resources | expended | ~576694 | 507,967 | ||
| Net (expenditure)/Income | ~82 062) | 72,795 |