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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Repott||2to6|
|Independent
Auditor'|Report|7to10|
|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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||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|2022|
|||||Note||g|
|Income and Endowments||from:|||||
|Donations
and legacies|||||223,338|223,338|
|Chiuitable
activities|||||5,000|5,000|
|Investinent
income|||||441|441|
|Other income|||||2,747,130|2,747,130|
|Total income|||||2,975,909|2,975909|
|Expenditure
on:|||||||
|Raising funds|||||(2,290,958)|(2,290,958)|
|Charitable
activities|||||(734,334)|(734,334)|
|Total expenditure
Net expenditure
Net movement
in funds|||||49,383
{49,383)
(3,025,292)|~49,383)
(49,383)
~3,025,292)|
|Reconciliation
offunds|||||||
|Total funds brought|forward||||3,512,086|3,512,086|
|Total funds carried|fonvard|||18|3,462,703|3,462,703|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2021|
||||Note|||g|
|Income and Endowments||from:|||||
|Donations
and legacies||||688,221|12,080|700,301|
|Charitable
activities||||5,000||5,000|
|Investment
incoine||||23||23|
|Other income||||1,148,130||1,148,130|
|Total income||||1,841,374|12,080|1,853,454|
|Expenditure
on:|||||||
|Raising funds
Charitable
activities|||7
8|{983,5SS)
~419,549||(983,588)
~[4)9,549|
|Total expenditure||||~1,403,13Z||(1,403,137)|
|Net income
Transfers between
funds||||438,237
12080|12,080
~)2,080|450,317|
##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||filuds|funds|20?I|
||||Note|g|||
|Net movement|in funds|||450,317||450,317|
|Reconciliation|offunds||||||
|Total funds brought||forward||3,061,769||3,061,769|
|Total funds carried||forward|18|3,512,086||3,512,086|
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|||||||||2021|
|---|---|---|---|---|---|---|---|---|
||||||Note||||
|Fixed assets|||||||||
|Tangible assets||||||12|3,138,904|3,117,185|
|Current assets|||||||||
|Stocks||||||14|230,244|183,543|
|Debtors||||||15|131,726|44,894|
|Cash at bank|and in hand||||||414,650|466 159|
||||||||776,620|694,596|
|Creditors: Amounts||falling due within one year||||16|~377&22) ~166,246||
|Net current|assets||||||398,798|528,350|
|Total assets|less current||liabilities||||3,537,702|3,645,535|
|Creditors;
Amounts||falling due after more than one year||||17|(74,999) ~133,449||
|Net assets|||||||3,462,703|3,512 0&6|
|Funds ofthe|group:||||||||
|Unrestricted|income|funds|||||||
|Unrestricted|funds||||||3,462,703|3,512,086|
|Total funds||||||i8|3,462,703|3,512,086|
|The financial|statements||on pages|I I to 30 were approved|by tire trustees|and|authorised
for issue on,!„,.ditdt(3@i||
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|||||Balance Sheet as at|31Decembe|r 2|022||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021||
||||||Note||f,||g||
|Fhed assets|||||||||||
|Tangible assets||||||12|2,784,425||3,021,813||
|Investments|||||||4||4||
||||||||2,784,429||3,021,817||
|Current assets|||||||||||
|Debtors||||||15|180,000||||
|Cash at bank|and in hand||||||198,493||183,730||
|Creditors: Amounts||falling due within one year||||18|378,493
~(111,103|183,730
~15,224)|||
|Net current|assets||||||267,390||168,506||
|Total assets|less current||liabilities||||3,051,819||3,190,323||
|Creditors: Amounts||falling due after more thau one year||||||~108,450|||
|Net assets|||||||3,051,819||3081,873||
|Funds ofthe|charity:||||||||||
|Unrestricted|income|funds|||||||||
|Unrestricted|funds||||||3,051,819||3,081,873||
|Total funds||||||1g|3,051,819||3,081,873||
|The linaaoial
|statetnents
||on pages
|11 to 30 secre approved|by the trustees|and|autltorised
for issue|on|l. pB)iS.|... ,|
##
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|Consolidated
Sta|tement ofCash Floavs fo|r the Year En|ded 31Decembe|r 20?2|
|---|---|---|---|---|
||||2022|20?1|
|||Note|||
|Cash flows from operating
activities|||||
|Net cash (expenditure}/income|||(49,383)|450,317|
|Adjustments
to cash flows from non-cash items|||||
|Depreciation
Investment
income|||249,024
~441|263,638
~23)|
||||199,200|713,932|
|Working capital adjustments|||||
|Increase in stocks||14|(46,701)|(183,543)|
|Increase in debtors
Incnase/(decrease)
in creditors||15
16|(86,832)
115,1?6|(43,979)
~)53,622)|
|Net cash flows from operating|activities||180,843|332,738|
|Cash flows from investing
activities|||||
|Interest receivable and similar|income|6|441|23|
|Purchase oftangible fixed assets
Sale oftangible fixed assets||12|(308,300)
37,557|(272,116)
20,278|
|Net cash flows from investing|activities||(270,302)|(251,815)|
|Cash flows from financing
activities|||||
|Repayment ofloans and borrowings|||37,950|133,449|
|Net (decrease)/increase
in cash|and cash equivalents||(51,509)|214,372|
|Cash and cash equivalents
at 1|January||466,159|251,787|
|Cash and cash equivalents
at 31Deceinber|||414,650|466,159|
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|Unrestricted||
|---|---|
|funds|Total|
|General|funds|
|2,747,130|2,747,130|
|2,747,130|2,747,130|
|1,148,130|1,14&,130|
|Unrestricted|||
|---|---|---|
|funds|Total||
|General|funds||
|441||441|
|441|||
|||23|
##
|Unrestricted||
|---|---|
|funds|Total|
|General|funds|
|2,290„958|2,290,958|
|2,290,958|2,290,958|
|983,588|983,588|
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|Charitable|Activities||
|---|---|---|
|Total for|2022||
|Total for|20?1||
|9
Analysis ofgovernance||and support costs|
|Activity|Total|
|---|---|
|support costs|expenditure|
|g||
|734,334|734,334|
|734„334|734,334|
|419,549|419,549|
|Support|costs allocated to ch|aritable
activities|||||
|---|---|---|---|---|---|---|
|||||Premises|||
|||||costs|Other||
|||Governance|Administration|including|support|Total|
|||costs|costsf|depreeiatiou
g|costs|2022
f,|
|Charitable|Activities|12,239|86|246,509|475,500|734,334|
|||||Premises|||
|||||costs|Other||
|||Governance|Administration|including|support|Total|
|||costs|costs|depreciation|costs|2021|
|||g||g|||
|Charitable|Activities|12,50$|2,545|244,496|160,000|419,549|
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|11Auditors'
remuneration|||
|---|---|---|
||2022|2021|
|Other fees to auditors|||
|The auditing ofaccounts ofany associate ofthe charity|6,000|1,500|
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|Group||||
|---|---|---|---|
||Land «nd|Furniture
and||
||buildings|equipment
f|Total|
|Cost||||
|At I January 2022|4,172,20S|75,915|4,248,123|
|Additions
Disposal s|209,809
~38,579|98,491|308,300
~38,579|
|At 31December 2022|4,343,438|174,406|4,517,844|
|Depreciation||||
|At 1 January 2022|1,113,256|17,682|1,130,93S|
|Charge for the year
Eliminated
on disposais|228,972
~1022|20,052|249,024
~1022|
|At 31December 2022|1,341,206|37,734|1,378,940|
|Net book value||||
|At 31December 2022|3,002,232|136,672|3,138,904|
|At 31December 2021|3,058,952|58233|3,117,185|
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|Cha)Sty|||||
|---|---|---|---|---|
||||Land and||
||||buildings|Total|
|Cost|||||
|At 1 January 2022|||4,131,437|4,131,437|
|Additions
Disposais|||21,487
~38,579)|21,487
~38,579|
|At 31December 2022|||4,114,345|4 114,345|
|Depreciation|||||
|At 1Janumy 2022|||1,109,624|1,109,624|
|Charge for the year
Eliminated
on disposais|||221,318
~[1,022|221,318
~1,022|
|At 31December 2022|||1,329,920|1 329,920|
|Net book value|||||
|At 31 December 2022|||2,784,425|2,784,425|
|At 31December 2021|||3,021,813|3,021,813|
|13 Axed asset investments|||||
|Charity|||||
|||||2022|
|Shares in group undertaldngs|and participating|interests|||
||||Subsidiary||
||||undertakings|Total|
|Cost|||||
|At 1 Janus&y 2022|||||
|At 31December 2022|||||
|Net book value|||||
|At 31 December 2022|||||
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|Details ofthe investments
in
are as follows:|which the charity hol|ds 20%or more|ofthe nominal
value ofany class|ofthe nominal
value ofany class|ofshare capital|
|---|---|---|---|---|---|
||Country of||Proportion ofvoting rights||Principal|
|Undertalting|incorporation|Holding|and shares held||activity|
||||?022|2021||
|Subsidiary
undertakings||||||
|Fusion Trading||||||
|(Biggleswade)
Ltd
The Oaks, Potton Road,
Biggleswade,
Bedfordshire,|United Kingdom||00%|100%|Sale of retail
goods|
|SG18OER||||||
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|14 Stock|||||||
|---|---|---|---|---|---|---|
||||Group||Charity||
|||2022||2021|202?||
||||||g||
|Stocks||230|244|183543|||
|15 Debtors|||||||
||||Group||Charity||
|||2022||2021|20?2||
|||||f.|||
|Trade debtors||64,727||42,932|||
|Due trom group undertakings|||||180,000||
|Other debtors||66,999||1,962|||
|||131,726||44,894|180,000||
|16 Creditors: amounts|falling due within one year||||||
||Group|||Charity|||
||2022|2021||20?2|2021||
||f.|g|||||
|Trade creditors|215,612|106,714||5,359|2,56&||
|Other loans|96,400|||96,400|||
|VAT grant repayable|(907)|8,714||(907)|||
|Other creditors|46,965|32,776||||2|
|Accruals|19,752|18,042||10,251|12,654||
||377,822|166,246||111,103|15,224||
|17 Creditors: amounts|falling due after one year||||||
||Group|||Charity|||
||2022|2021||2022|20?,1||
|Loans|74,999|133,449|||108|450|
##
|Group|||||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at31|
|||Balance at 1||1ncoming||Resources||December|
|||January 2022||resources|||expended|2022|
||||||g||||
|Unrestricted|funds||||||||
|General||3,512,086|||2,975,909 ~3,025,292|||3,462,7D3|
|||||||||Balance at|
|||Balance at 1||||||31|
|||January|Incoming||Resources|||December|
|||2021|resources||expended||Transfers|2021|
||||||||g||
|Unrestricted|funds||||||||
|General||3,061,Z69|1,841,3Z¹||(1,¹03,13Z)||12,080|3,512,086|
|Restricted funds||||12,080|||~[12,080||
|Total funds||3061,769|1,853,454||~1 403,137||-|3 512,086|
|Charity|||||||||
|||||||||Balance at 31|
|||Balance at 1||Incoming||Resources||December|
|||January 2022||resources|||expended|2022|
||||||||f,||
|Unrestricted|funds||||||||
|General||3,0$1,874|||'7D4,2'79||(734,334)|3,051,$19|
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at I||||31|
|||January|Incomiug|Resources||December|
|||2021|resources
f.|expended|Transfers|2021|
|Unrestricted|funds||||||
|General||3,061,769|427,575|{419,551)|12,080|3,081,873|
|Restricted funds|||12,080||~12,080||
|Total funds||3,061,769|439,655|(419,551)|-|3,081,873|
##
##
|Tangible fixed|assets|
|---|---|
|Cun ent assets||
|Current liabilities||
|Creditors over|1 year|
|Total net assets||
|Tangible|fixed assets|
|---|---|
|Current|assets|
|Current|liabilities|
|Creditors|over I year|
|Total net assets||
|Unrestricted|Total funds at|
|---|---|
|funds|31December|
|General|2022|
|3,138,904|3„138,904|
|776,620|776,620|
|(377,822)
(74,999|(377,822)
~94,999|
|3,462,703|3,462,Z03|
|Unrestricted|Total funds «t|
|funds|31December|
|General|2021|
||g|
|3,117,185|3,117,185|
|694,596|694,596|
|(166,246)
133,449|(166,246)
~133,449|
|3,512,086|3,512,086|
|Charity|||
|---|---|---|
||Unrestricted|Total fmds at|
||funds|31December|
||General|2022|
|||g|
|Tangible fixed assets|2,784,425|2,784,42S|
|Fixed asset investments|4|4|
|Current assets
Current liabilities|378,493
111,103)|378,493
~111,103|
|Total net assets|3,051,819|3,051,819|
##
|Notes to the Financial Statement|s
for the Year Ended 31December|2022|
|---|---|---|
||Unrestricted|Total funds at|
||funds|31December|
||General|2021|
|Tangible fixed assets|3,021,813|3,021&813|
|Fixed asset investments|4|4|
|Current assets|183,730|183,730|
|Current liabilities
Creditors over 1year|(15,224)
108,450|(15,224)
~l08,430|
|Total net assets|3,08I,873|3,08I,873|
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