## 

## 

|Contents|||Page|
|---|---|---|---|
|Reference and Administrative||Details||
|Trustees'<br>Annual<br>Report|||2-6|
|Independent|Auditor's<br>Report||7-10|
|Consolidated|Statement<br>of Financial Activities|||
|Consolidated|Balance Sheet||12|
|Statement of|Cash Flows||13|
|Notes to the|Financial Statements||14-33|





## 

|Registered|Charity|Name:|Name:|The Ashley Foundation|The Ashley Foundation|The Ashley Foundation||
|---|---|---|---|---|---|---|---|
|Charity Registration||Number:||1063208||||
|Company|Registration||Number:|3366712||||
|Principal Office:||||81Abingdon|Street|||
|||||Blackpool||||
|||||Lancashire||||
|||||FY11PP||||
|Registered|Office:|||81Abingdon|Street|||
|||||Blackpool||||
|||||Lancashire||||
|||||FY11PP||||
|Trustees:||||Mrs LEdwards||—Chair||
|||||Dr M O'Donnell||||
|||||Mr A Oldfield||||
|||||Mr 5 Robinson||||
|||||Mrs E Warren||||
|Solicitors:||||Napthens||||
|||||iubiliee<br>House||||
|||||East Beach||||
|||||Lytham St Annes||||
|||||Lancashire||||
|||||FYB5FT||||
|Bankers:||||Lloyds Bank||||
|||||25-27 Birley Street||||
|||||Blackpool||||
|||||Lancashire||||
|||||FY11EG||||
|Auditor:||||Mitchell Charlesworth|||(Audit) Limited|
|||||3rd Floor||||
|||||44 Peter Street||||
|||||Manchester||||
|||||M2 5GP||||





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||||Notes|Restricted|Unrestricted|Total Funds|Restricted|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|Funds|Funds|2021|
|||||E|E|E|6|6|E|
|Income||||||||||
|Donations|and legacies||5|12,408|10,432|22,840|24,816|45,713|70,529|
|Income from||charitable||||||||
|activities:||||||||||
|Operation|of|accommodation||||||||
|and cafe|||||3,623,770|3,623,770||3,867,630|3,867,630|
|Income from||other trading||||||||
|activities||||||||||
|Commercial|trading operation|||||||14,538|14,538|
|Investment|income - bank|||||||||
|interest|||||1,779|1,779||1,073|1,073|
|Rentalincome|||||7,860|7,860||8,316|8,316|
|Total incoming resources||||12,408|3,643,841|3,656,249|24,816|3,937,270|3,962,086|
|Expenditure||||||||||
|Cost ofraising funds:||||||||||
|Commercial|trading operation||||(3,144)|(3,144)||(14,150)|(14,150)|
|Expenditure||on charitable||||||||
|activities:||||||||||
|Operation|of|accommodation||||||||
|and cafe|||9|(24,236)|(3,785,548)|(3,809,784)|(5,516)|(4,185,212)|(4,190,728)|
|Total expenditure||||(24,236)|(3,788,692)|(3,812,928)|(5,516)|(4,199,362)|(4,204,878)|
|Transfers||||(22,700)|22,700|||||
|Net incoming||resources for||||||||
|the year||||(34,528)|(122,151)|(156,679)|19,300|(262,092)|(242,792)|
|Total funds|brought forward|||46,136|2,890,193|2,936,329|26,836|3,152,285|3,179,121|
|Total funds|carried forward|||11,608|2,768,042|2,779,650|46,136|2,890,193|2,936,329|





## 

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||||Notes|Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2022|2021|2022|2021|
|||||6|6|6|6|
|Fixed assets||||||||
|Tangible assets|||17|2,321,175|1,347,226|2,321,175|1,347,226|
|Investments|||18|||1|1|
|Total fixed assets||||2,321,175|1,347,226|2,321,176|1,347,227|
|Current assets||||||||
|Debtors|||19|182,435|197,878|182,435|197,878|
|Cash at bank and in|hand|||773,313|2,318,925|771,940|2,318,908|
|Total current assets||||955,748|2,516,803|954,375|2,516,786|
|Creditors: Amounts|falling due within one|||||||
|year|||20|(200,350)|(290,062)|(199,270)|(293,484)|
|Net current assets||||755,398|2,226,741|755,105|2,223,302|
|Total assets less current||liabilities||3,076,573|3,573,967|3,076,281|3,570,529|
|Creditors: Amounts|falling due after more|||||||
|than one year|||21|(296,923)|(637,638)|(296,923)|(637,638)|
|Net assets||||2,779,650|2,936,329|2,779,35&|2,932,891|
|The funds ofthe charity||||||||
|Restricted income funds|||25|11,608|46,136|11,608|46,136|
|Unrestricted<br>income|funds||24|2,768,042|2,890,193|2,767,750|2,886,755|
|Total funds||||2,779,650|2,936,329|2,779,358|2,932,891|





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|||||Notes|Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|2022|2021|
||||||6|6|6||
|Cash generated|from/(used|in) operating|||||||
|activities||||28|(192,424)|470,564|(193,779)|474,546|
|Cash flow from|investing|activities|||||||
|Interest income|||||1,779|1,073|1,779|1,073|
|Purchase oftangible fixed||assets|||(1,011,098)||(1,011,098)||
|Cash flow from|investing|activities|||(1,009,319)|1,073|(1,009,319)|1,073|
|Cash flow from|financing|activities|||||||
|Repayments<br>of|loans||||(343,869)|(35,359)|(343,869)|(35,539)|
|Cash used in financing<br>activities|||||(343,869)|(35,539)|(343,869)|(35,539)|
|Increase/(decrease)<br>in cash and|||cash||||||
|equivalents<br>in the year|||||(1,545,612)|436,278|(1,546,968)|440,261|
|Cash and cash equivalent||at the|beginning||||||
|ofthe year|||||2,318,925|1,882,647|2,318,908|1,878,647|
|Total cash and|cash equivalents||at the end||773,313|2,318,925|771,940|2,318,908|
|ofthe year|||||||||





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|5.|Grants,|donations,|donations,|and||||||Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|
||legacies||||Restricted|Unrestricted|Total Funds|Restricted|Unrestricted|2021|
||||||Funds|Funds|2022|Funds|Funds|(Restated)|
||||||6|6|||6|f|
||Donations||and legacies||||||||
||Appeals|and donations||||1,476|1,476||2,651|2,651|
||Grants||||12,408|8,956|21,364|24,816|43,062|67,878|
||Total per||statement|offunds|12,408|10,432|22,840|24,816|45,713|70,529|



|Incoming|resources from|Restricted|Unrestricted|Total Funds|Restricted|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|
|charitable|activities|Funds|Funds|2022|Funds|Funds|2021|
|||6|6|6|6|6|6|
|Charitable|activities|||||||
|Housing<br>benefit<br>—hostels and||||||||
|flats|||1,837,780|1,837,780||1,967,046|1,967,046|
|Income from hostels and flats|||1,517,606|1,517,606||1,596,207|1,596,207|
|Residents'|contributions-|||||||
|hostels and flats|||145,966|145,966||119,015|119,015|
|Emergency|Beds Scheme||45,058|45,058||172,949|172,949|
|Community|Cafe &Hub takings||54,637|54,637||9,302|9,302|
|Other income|||22,723|22,723||3,111|3,111|
|Total income from charitable|||3,623,770|3,623,770||3,867,630|3,867,630|
|activities||||||||





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## 

||The summary<br>financial|The summary<br>financial|results ofthe subsidiary|results ofthe subsidiary|results ofthe subsidiary|were:|were:|||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||6|6|
||Shop takings|||||||||||
||Grant income||||||||||14,538|
||||||||||||14,538|
||||||||||||14,358|
||Cost ofsales and administration<br>costs|||||||||(3,144)|(14,150)|
||Operating<br>profit|||||||||(3,144)|388|
||The assets and liabilities||ofthe subsidiary||company||were:|||||
||Current assets|||||||||1,373|4,638|
||Creditors: amounts|falling due within||one year||||||(1,081)|(1,200)|
||Net assets|||||||||292|3,438|
||Aggregate share capital and reserves|||||||||292|3,438|
|8.|Investment<br>income||Restricted||Unrestricted||Total|Funds|Restricted|Unrestricted|Total Funds|
||||Funds|||Funds||2022|Funds|Funds|2021|
|||||6|||6|6|6||6|
||Bank interest|||||1,779||1,779||1,073|1,073|
||Total investment|income||||1,779||1,779||1,073|1,073|





## 

|9.|Expenditure|on charitable|activities - Current year|Community|Accom|Total Funds|
|---|---|---|---|---|---|---|
|||||Cafe &Hub|Provision|2022|
|||||E|f|E|
||Wages and salaries costs|||57,020|1,022,377|1,079,397|
||Staffing costs|||244|3,239|3,483|
||Premises costs|||13,601|1,296,720|1,310,321|
||Service charges - Blackburn||Hostels||884,298|884,298|
||Office costs|||271|17,677|17,948|
||Food costs|||20,123|63,188|83,311|
||Other costs|||1,339|15,195|16,534|
||Laundry<br>and|cleaning costs||3,164|8,367|11,531|
||Motor and travel costs|||8|10,952|10,960|
||Legal costs||||793|793|
||Loan interest||||13,220|13,220|
||Depreciation||||32,231|32,231|
||Governance|costs|||7,350|7,350|
||Support costs||||338,407|338,407|
||Total|||95,770|3,714,014|3,809,784|
||Expenditure|on charitable|activities - Prior year|Community|Accom|TotalFunds|
|||||Cafe &Hub|Provision|2021|
|||||E|E|E|
||Wages and salaries costs|||6,718|1,058,549|1,065,267|
||Staffing costs||||250|250|
||Premises costs|||2,076|1,601,388|1,603,464|
||Service charges - Blackburn||Hostels||946,955|946,955|
||Office costs|||65|16,571|16,636|
||Food costs|||4,048|79,436|83,484|
||Other costs|||1,150|9,735|10,885|
||Laundry<br>and|cleaning costs||620|16,814|17,434|
||Motor and travel costs|||33|5,252|5,285|
||Legal costs||||(5,750)|(5,750)|
||Loan interest||||19,086|19,086|
||Depreciation||||27,702|27,702|
||Governance|costs|||6,250|6,250|
||Support costs||||393,780|393,780|
||Total|||14,710|4,176,018|4,190,728|





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|Summary ofanalysis|ofexpenditure|and related|Community|Accom|Total Funds|
|---|---|---|---|---|---|
|income for charitable|activities —Current year||Cafd &Hub|Provision|2022|
||||6|6|6|
|Costs (note 9)|||95,770|3,714,014|3,809,784|
|Grant support (note|5)||(12,408)|(8,956)|(21,364)|
|Net cost - other income|||83,362|3,705,058|3,788,420|
|Summary ofanalysis|ofexpenditure|and related|Community|Accom|Total Funds|
|income for charitable|activities —Prior year||Cafe &Hub|Provision|2021|
||||f|6|6|
|Costs (note 9)|||14,710|4,176,018|4,190,728|
|Grant support - restated (note 5)|||(24,816)|(43,062)|(67,878)|
|Net cost - other income|||(10,106)|4,132,956|4,122,850|



|||General||Total|
|---|---|---|---|---|
|Support cost||Support|Governance|2022|
|||6|6|6|
|Bank charges||900||900|
|Wages and salaries costs||187,009||187,009|
|Staffing costs||21,431||21,431|
|Bad debt||3,217||3,217|
|Premises costs||22,527||22,527|
|Office costs||24,412||24,412|
|Food costs||170||170|
|Other costs||2,136||2,136|
|Laundry<br>and|cleaning costs|510||510|
|Motor and travel costs||1,226||1,226|
|Accountancy|costs|40,746||40,746|
|Audit cos'ts|||7,350|7,350|
|Legal costs||28,762||28,762|
|Trustees'<br>expenses|||||
|Loan interest||443||443|
|Depreciation||4,918||4,918|
|||338,407|7,350|345,757|





|||General||Total|
|---|---|---|---|---|
|Support cost||Support|Governance|2021|
|||E|6|6|
|Wages and salaries costs||156,190||156,190|
|Staffing costs||36,527||36,527|
|Premises costs||33,336||33,336|
|Office costs||21,207||21,207|
|Food costs||134||134|
|Other costs||5,027||5,027|
|Laundry<br>and|cleaning costs|2,213||2,213|
|Motor and travel costs||2,758||2,758|
|Accountancy|costs|62,271||62,271|
|AUNt cos'ts|||6,250|6,250|
|Legal costs||66,678||66,678|
|Trustees'<br>expenses|||||
|Loan interest||2,514||2,514|
|Depreciation||4,925||4,925|
|||393,780|6,250|400,030|



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|Net income/(expenditure)||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Net income/(expenditure)||is stated|after|charging:||||
|Operating<br>leases||||||196,178|216,636|
|Management<br>agreements||||||835,753|886,454|
|Service charges - Blackburn||Hostels||||884,298|946,955|
|Auditor's<br>remuneration|-statutory||audit|||7,350|6,250|
|Bank interest<br>payable||||||13,663|21,600|
|Depreciation||||||37,149|32,626|
|Analysis ofstaff costs and||remuneration||ofkey management|personnel|2022|2021|
|||||||E||
|Wages and salaries||||||1,168,247|1,107,843|
|National<br>insurance<br>contributions||||||84,835|94,713|
|Employers'<br>pension<br>contributions||||||13,324|18,901|
|Total staff costs||||||1,266,406|1,221,457|



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## 

|17.|Tangible fixed assets - Group|||Plant and||
|---|---|---|---|---|---|
|||Freehold||Machinery||
|||Interest<br>in|Fixtures,|including||
|||Land and|Fittings and|Motor||
|||Buildings|Equipment|Vehicles|Total|
|||E|E|6|E|
||Cost|||||
||As at 30 May 2021|1,453,005|18,187|48,998|1,520,190|
||Additions|1,000,000||11,098|11,098|
||Disposals|||||
||As at 30May 2022|2,453,005|18,187|60,096|2,531,288|
||Depreciation|||||
||As at 30May 2021|116,241|7,725|48,998|172,964|
||Charge for the year|33,228|3,565|356|37,149|
||Disposals|||||
||As at 30May 2022|149,469|11,290|49,354|210,113|
||Net book value|||||
||As at 30May 2022|2,303,536|6,897|10,742|2,321,175|
||As at 30May 2021|1,336,764|10,462||1,347,226|





## 

|Tangible fixed assets - Charity|||Plant and||
|---|---|---|---|---|
||Freehold||Machinery||
||Interest<br>in|Fixtures,|including||
||Land and|Fittings and|Motor||
||Buildings|Equipment|Vehicles|Total|
||E|E|E|E|
|Cost|||||
|As at 30May 2021|1,453,005|18,187|48,998|1,520,190|
|Additions|1,000,000||11,098|11,098|
|Dispose is|||||
|As at 30May 2022|2,453,005|18,187|60,096|2,531,288|
|Depreciation|||||
|As at 30May 2021|116,241|7,725|48,998|172,964|
|Charge for the year|33,228|3,565|356|37,149|
|Disposals|||||
|As at 30May 2022|149,469|11,290|49,354|210,113|
|Net book value|||||
|As at 30 May 2022|2,303,536|6,897|10,742|2,321,175|
|As at 30 May 2021|1,336,764|10,462||1,347,226|



## 

|||||||
|---|---|---|---|---|---|
|Debtors||Group|Group|Charity|Charity|
|||2022|2021|2022|2021|
|||E|E|E|E|
|Housing benefit|receivable|82,958|163,984|82,958|163,984|
|Trade debtors||72,708|14,013|72,708|14,013|
|Prepayments,|accrued income &other|||||
|debtors||26,769|19,881|26,769|19,881|
|||182,435|197,878|182,435|197,878|





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|Creditors: Amounts|falling due within one year|falling due within one year|Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||6|6|6|6|
|Bank loans and overdrafts|||32,709|35,863|32,709|35,863|
|Amounts<br>due to suppliers|||20,380|10,812|20,380|10,812|
|Taxation and national||insurance|24,737|29,077|24,737|29,077|
|Other creditors|||3,618|51,173|3,618|51,173|
|Accruals and deferred||income|118,906|163,137|117,826|166,559|
||||200,350|290,062|199,270|293,484|
|Creditors: Amounts|falling due within one year||includes the following|liabilities, on which security||has been|
|given by the charity|and group:||||||
||||||Group &|Group &|
||||||Charity|Charity|
||||||2022|2021|
||||||6|6|
|Bankloans|||||32,709|35,863|



|Creditors:|Amounts|falling due after more than||Group &|Group &|
|---|---|---|---|---|---|
|one year||||Charity|Charity|
|||||2022|2021|
|||||6|6|
|Bankloans||||296,923|637,638|
|Included|in the creditors are the following amounts||due after more than five years:|||
|||||Group &|Group &|
|||||Chadity|Charity|
|||||2022|2021|
|||||6|6|
|After more than five||years by instalments||230,408|481,925|





## 

|cancellable operating<br>leases and management<br>agreem|ents<br>as follows:||
|---|---|---|
||Group &|Group &|
||Charity|Charity|
||2022|2021|
||6|6|
|Less than one year|453,012|1,053,692|
|Within two to five years|1,812,047|3,552,474|
|Over five years|5,257,683|10,282,271|
|Total|7,522,742|14,888,437|



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|Analysis of|charitable|funds —Group|funds —Group|At 30May|Incoming|Resources|Transfers|At 30May|
|---|---|---|---|---|---|---|---|---|
|-unrestricted<br>current||year||2021|Resources|Expended||2022|
|||||E|E|E||E|
|General funds||||2,852,890|3,592,436|(3,788,692)|(22,700)|2,679,334|
|Designated|Fund —Poplar House|||10,485|7,830|||18,315|
|Designated|Fund —Sunderland||Flats|24,287|12,159|||36,446|
|Designated|Fund —1,000Voices|||2,531||||2,531|
|Designated|Fund —Mini bus||||5,000|||5,000|
|Designated|Fund —Blackpool Flats||||26,416|||26,416|
|Total funds||||2,890,193|3,643,841|(3,788,692)|22,700|2,768,042|
|Analysis of|charitable|funds —Group||At30May|Incoming||||
|-unrestricted<br>prior year||||2020|Resources|Resources||At 30May|
|||||(Restated)|(Restated)|Expended|Transfers|2021|
|||||E|E|E|E|E|
|General funds||||3,152,285|3,884,640|(4,184,035)||2,852,890|
|Designated|Fund —Poplar House||||25,383|(14,898)||10,485|
|Designated|Fund —Sunderland||Flats||24,287|||24,287|
|Designated|Fund —1,000Voices||||2,960|(429)||2,531|
|Total funds||||3,152,285|3,937,270|(4,199,362)||2,890,193|
|Analysis of|charitable|funds—|||||||
|Charity||||At 30May|Incoming|Resources||At 30May|
|-unrestricted<br>current||year||2021|Resources|Expended|Transfers|2022|
|||||E|E|E|E|E|
|General funds||||2,886,755|3,643,841|(3,785,546)|22,700|2,767,750|
|Total funds||||2,886,755|3,643,841|(3,785,546)|22,700|2,767,750|
|Analysis of|charitable|funds—||At 30May|||||
|Charity||||2020|Incoming|Resources||At 30May|
|-unrestricted<br>prior year||||(Restated)|Resources|Expended|Transfers|2021|
|||||E|E|E|E|E|
|General funds||||3,149,236|3,922,732|(4,185,213)||2,886,755|
|Total funds||||3,149,236|3,922,732|(4,185,213)||2,886,755|
|||||||||28(Page|





## 

|25.|Analysis of|charitable|funds —Group||||||
|---|---|---|---|---|---|---|---|---|
||&charity-|||At 31May|Incoming|Resources||At 30May|
||restricted -|Current||2021|Resources|Expended|Transfers|2022|
|||||E|E|E|E|E|
||Mental<br>Health Support|||22,700|||(22,700)||
||The National|Lottery Community|||||||
||Fund - The Ashley Foundation||||||||
||Community|Cafd and Hub||23,436|12,408|(24,236)||11,608|
||Total funds|||46,136|12,408|(24,436)|(22,700)|11,608|



## 

## 

||||Incoming|||
|---|---|---|---|---|---|
|Analysis ofcharitable<br>funds —Group &Charity||At 31May|Resources|Resources|At 30May|
|-restricted -prior year||2020|(Restated)|Expended|2021|
||||E|E|E|
|Mental<br>Health Support||22,700|||22,700|
|The National<br>Lottery Community|Fund - The|||||
|Ashley Foundation<br>Community|Cafe & Hub|4,136|24,816|(5,516)|23,436|
|Total funds||26,836|24,816|(5,516)|46,136|



## 



## 

|27.|Net assets by fund-Group<br>-Current year|Restricted|Unrestricted|Total Funds|
|---|---|---|---|---|
|||Funds<br>f|Fundsf|2022<br>f|
||Tangible fixed assets||2,321,175|2,321,175|
||Cash at bank and in hand||773,313|773,313|
||Other net current assets / (liabilities)|11,608|(29,523)|(17,915)|
||Creditors of more than one year||(296,923)|(296,923)|
||Net assets|11,608|2,768,042|2,779,650|
||Net assets by fund —Group - Prior year|Restricted|Unrestricted|Total Funds|
|||Funds|Funds|2021|
|||f|f|f|
||Tangible fixed assets||1,347,226|1,347,226|
||Cash at bank and in hand||2,318,925|2,318,925|
||Other net current assets / (liabilities)|46,136|(138,320)|(92,184)|
||Creditors ofmore than one year||(637,638)|(637,638)|
||Net assets|46,136|2,890,193|2,936,329|
||Net assets by fund —Charity - Current year|Restricted|Unrestricted|Total Funds|
|||Funds|Funds|2022|
|||f|f|f|
||Tangible fixed assets||2,321,175|2,321,175|
||Cash at bank and in hand||771,940|771,940|
||Other net current assets/(liabilities)|11,608|(28,442)|(16,834)|
||Creditors of more than one year||(296,923)|(296,923)|
||Net assets|11,608|2,767,750|2,779,358|
||Net assets by fund —Charity - Prior year|Restricted|Unrestricted|Total Funds|
|||Funds|Funds (Restated)|2021(Restated)|
|||E|E|f|
||Tangible fixed assets||1,347,227|1,347,226|
||Cash at bank and in hand||2,318,908|2,318,908|
||Other net current assets /(liabilities)|46,136|(141,742)|(95,606)|
||Creditors of more than one year||(637,638)|(637,638)|
||Net assets|46,136|2,886,755|2,932,891|





||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||6|f|f|6|
||Net movement<br>in funds||(156,679)|(242,792)|(153,533)|(242,404)|
||itdd: Depreciation||37,149|32,626|37,149|32,626|
||Deduct interest income shown|in investing|||||
||activities||(1,779)|(1,073)|(1,779)|(1,073)|
||Decrease/(increase)<br>in debtors||15,443|737,094|15,443|737,094|
||(Decrease)/increase<br>in creditors||(86,558)|(55,291|(91,060)|(51,696)|
||Net cash used in operating<br>activities||(192,424)|470,564|(193,780)|474,547|
|29.|Net debt reconciliation —Group - Current year|||30May||30May|
|||||2021|Cash Rows|2022|
|||||f|6|6|
||Cash|||2,318,925|(1,545,612)|773,313|
||Loans falling due within one year|||(35,863)|3,154|(32,709)|
||Loans falling due after one year|||(637,638)|340,715|(296,923)|
||Net debt|||1,645,424|(1,201,743)|443,681|
||Net debt reconciliation —Group - Prior year|||30May||30May|
|||||2020|Cash flows|2021|
|||||6|6|f|
||Cash|||1,882,647|436,278|2,318,925|
||Loans falling due within one year|||(35,754)|(109)|(35,863)|
||Loans falling due after one year|||(673,106)|35,468|(637,638)|
||Net debt|||1,173,787|471,636|1,645,423|





## 

## 

|29.|Net debt reconciliation|continued —Charity|30May||30May|
|---|---|---|---|---|---|
||-Current year||2021<br>6|Cash flows<br>6|2022<br>f|
||Cash||2,318,908|(1,546,968)|771,940|
||Loans falling due within|one year|(35,863)|3,154|(32,709)|
||Loans falling due after|one year|(637,638)|340,715|(296,923)|
||Net debt||1,645,406|(1,203,099)|442,308|
||Net debt reconciliation|—Charity - Prior year|30May||30May|
||||2020|Cash flows|2021|
||||6|6|6|
||Cash||1,878,647|440,261|2,318,908|
||Loans falling due within|one year|(35,754)|(109)|(35,863)|
||Loans falling due after|one year|(673,106)|35,468|(637,638)|
||Net debt||1,169,787|475,619|1,645,406|