2023-03-31-accounts - Oakleaf Enterprise

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Trustees		Mrs LAndrews
		Mr R W Maybury
		Mr PJ Bevan
		MrJW Kindell
		Mrs AFeeney
		Mr M Harrison
		Cllr A M Goodwin
		Mr A Lilleyman		(Appointed	11 July 2022)
		Mr R M Lloyd		(Appointed	27 July 2023)
		Mr S KA Michell
Secretary		Mr JW Kindell
Charity number		1064524
Company	number	03388671
Registered	office	101Walnut Tree Close
		Guildford
		Surrey
		GUi 4UQ
Auditor		Moore (South) LLP
		Suite 3, Second	Floor
		Friary Court
		13-21 High Street
		Guildford
		Surrey
		GU1 3DG
Bankers		Metro Bank pic
		1 Southampton	Row
		London
		WC1B 5HA
Solicitors		Moore Barlow LLP
		The Oriel
		Sydenham Road
		Guildford
		Surrey
		GU1 3SR

		Page
Chair's Statement
Trustees' report		2-8
CEO Report
Statement ofTrustees'	responsibilities
Independent auditor's	report	12-15
Statement offinancial	activities	16-17
Balance sheet		18
Statement ofcash flows		19
Notes to the financial	statements	20-38

Current financial year	Current financial year
				Unrestricted	Restricted	Total	Total
				funds	funds
				2023	2023	2023	2022
			Notes	E	E	E	F
Income and endowments		from
Donations and legacies				293,568	152,458	446,026	453,891
Charitable activities				114,985	407,949	522,934	370,634
Other trading activities				86,169	1,000	87,169	29,858
Investments				18,707		18,707	14,639
Other income				1,382		1,382	977
Total income				514,811	561,407	1,076,218	869,999
~E~i~r
Raising funds			8	134,487	10,782	145,269	141,899
Charitable activities			9	330,625	540,761	871,386	752,322
Total expenditure				465,112	551,543	1,016,655	894,221
Net gains/(losses)	on investments		13	(4,186)		(4,186)	13,095
Net incoming/(outgoing)		resources before transfers		45,513	9,864	55,377	(11,127)
Gross transfers between		funds	23	2,337	(2,337)
Net movement in	funds			47,850	7,527	55,377	(11,127)
Fund balances at 1 April 2022				366,380	80,458	446,838	457,965
Fund balances at	31 INarch 2023			414,230	87,985	502,215	446,838

Prior financial	year	year
					Unrestricted	Restricted	Total
					funds	funds
					2022	2022	2022
				Notes	E	E	E
Income and endowments			from
Donations and	legacies				277,985	175,906	453,891
Chaditable activities					133,089	237,545	370,634
Other trading activities					29,858		29,858
Investments					14,639		14,639
Other income					977		977
Total income					456,548	413,451	869,999
~E«dit
Raising funds				8	141,899		141,899
Charitable activities				9	332,638	419,684	752,322
Total expenditure					474,537	419,684	894,221
Net gains/(losses)		on investments		13	13,095		13,095
Net incoming/(outgoing)			resources before transfers		(4,894)	(6,233)	(11,127)
Net movement	in	funds			(4,894)	(6,233)	(11,127)
Fund balances	at 1 April 2021				371,274	86,691	457,965
Fund balances	at	31 INarch 2022			366,380	80,458	446,838

			2023		2022
		Notes	F		6	8
Fixed assets
Tangible assets		15		5,703		16,067
Investments		16		209,261		213,447
				214,964		229,514
Current assets
Stocks		18	6,681		3,189
Debtors		19	61,175		77,744
Cash at bank and in	hand		362,170		311,496
			430,026		392,429
Creditors: amounts	falling due within
one year		20	(142,775)		(175,105)
Net current assets				287,251		217,324
Total assets less current liabilities				502,215		446,838
Income funds
Restricted funds		23		87,985		80,458
Unrestricted funds				414,230		366,380
				502,215		446,838

					2023		2022
				Notes	E		f
Cash flows from operating		activities
Cash generated from operations				27		34,312		58,637
Investing	activities
Purchase	oftangible fixed assets			15	(2,962)		(17,413)
Proceeds	from disposal oftangible		fixed
assets					617		1,377
Purchase	of investments						(100,000)
Investment	income received				18,707		14,639
Net cash	generated from/(used		in)
investing	activities					16,362		(101,397)
Net cash	used in financing	activities
Net increase/(decrease) in		cash	and cash
equivalents						50,674		(42,760)
Cash and	cash equivalents	at beginning		ofyear		311,496		354,256
Cash and	cash equivalents	at end of		year		362,170		311,496

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						Provision of	Provision of
						training and	training and
						activities	activities
						2023	2022
						E	E
Development and training projects						113,840	113,089
Performance related grants for	provision oftraining		and activities
						409,094	257,545
						522,934	370,634
Analysis by fund
Unrestricted funds						114,985	133,089
Restricted funds						407,949	237,545
						522,934	370,634
Performance related grants -	Restricted
Catalyst - Safe Haven Project						59,032	56,500
Catalyst - Peer Support Worker	Project					10,760
Catalyst - Community Connections Project						58,080	55,000
School ofSocial Entrepreneurs	- Social Enterprise		Project				1,000
Enterprise Development Programme (on behalf of			Access - Foundation		for Social
Enterprise) - Social Enterprise	Project					9,249	20,007
Social Enterprise Support Fund	(via Unltd) - Social		Enterprise	Project		32,569	9,932
Catalyst - Young Adult Safe Haven Project						39,465
National Lottery Community Fund - Pathways		to Work				112,763	87,606
Surrey County Council - Bridge	the Gap Project					80,031
Surrey County Council - HOPE	Project					6,000
Surrey County Council - Kickstart Fitness Project							3,000
Surrey Chambers ofCommerce	(on behalf ofDWP) - Kickstart			Placement Scheme			4,500
						407,949	237,545

					Unrestricted	Rash icted	Total	Unrestricted
					funds	funds		funds
					2023	2023	2023	2022
					8	8	K	F
Miscellaneous		income			4,492		4,492	1,457
Fundraising	events				49,595	1,000	50,595
Training and		counsellor	supervision	fees	32,082		32,082	28,401
Other trading		activities			86,169	1,000	87,169	29,858

		Unrestdicted	Unrestdicted
		funds	funds
		2023	2022
		6	Z
Rental	income	16,540	14,400
Interest	receivable	2,167	239
		18,707	14,639

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			6	6
Net gain on disposal	oftangible	fixed assets	192	977
Other income			1,190
			1,382	977

			Unrestricted	Restricted	Total	Unrestricted
			funds	funds		funds
			2023	2023	2023	2022
				E	F	E
Fundraisin	and	ublicit
Other fundraising		costs	17,258	2,878	20,136	6,556
Staff costs			84,820	7,904	92,724	89,426
Support costs (see note 10)			32,409		32,409	45,917
Fundraising	and	publicity	134,487	10,782	145,269	141,899
			134,487	10,782	145,269	141,899

					Admin	Admin
					costs	costs
					2023	2022
					E.	F
Staff costs					435,560	357,974
Depreciation		and impairment			12,901	14,702
Other costs for provision oftraining				and activities	121,767	54,795
					570,228	427,471
Share of	support costs (see note 10)				287,086	321,851
Share of	governance		costs (see note 10)		14,072	3,000
					871,386	752,322
Analysis	by	fund
Unrestricted		funds			330,625	332,638
Restricted	funds				540,761	419,684
					871,386	752,322

Support costs	Support costs
		Support	Governance	2023	Support	Governance	2022
		costs	costs		costs	costs
		f			f	F
Staff costs		158,671		158,671	153,772		153,772
Property and	general
maintenance
		102,689		102,689	105,796		105,796
Insurance		6,653		6,653	6,341		6,341
Administrative	costs	51,482		51,482	101,859		101,859
Audit fees			9,950	9,950
Accountancy			1,750	1,750		1,800	1,800
Legal and professional			1,500	1,500
Independent	examiner's
fee						1,200	1,200
Trustee expenses			872	872
		319,495	14,072	333,567	367,768	3,000	370,768
Analysed between
Fundraising		32,409		32,409	45,917		45,917
Charitable activities		287,086	14,072	301,158	321,851	3,000	324,851
		319,495	14,072	333,567	367,768	3,000	370,768

The average monthly number ofemployees during th	e year was:
	2023	2022
	Number	Number
	42	35
Employment costs	2023f	2022f
Wages and salaries	628,225	554,769
Social security costs	43,132	36,013
Other pension costs	15,598	10,390
	686,955	601,172

Unresb	icted Unrestricted	icted Unrestricted
	funds	funds
	2023f	2022 F
	(4,186)	13,095

Tangible fix	ed asset	s
			Plant and Motor	vehicles	Total
			machinery
			E	E
Cost
At 1 April 2022			130,981	67,270	198,251
Additions			2,962		2,962
Disposals			(16,891)		(16,891)
At 31 March	2023		117,052	67,270	184,322
Depreciation	and impairment
At 1 April 2022			114,914	67,270	182,184
Depreciation	charged	in the year	12,901		12,901
Eliminated in	respect	ofdisposals	(16,466)		(16,466)
At 31 March	2023		111,349	67,270	178,619
Carrying amount
At 31 March	2023		5,703		5,703
At 31 March	2022		16,067		16,067

		Listed	Other	Total
		investments	investments
		8
Cost or valuation
At 1 April 2022		213,446		213,447
Valuation changes		(4,186)		(4,186)
At 31 March 2023		209,260		209,261
Carrying amount
At 31 March 2023		209,260	1	209,261
At 31 March 2022		213,446	1	213,447
Other investments	comprise:	Notes	2023 E	2022f
Investments in subsidiaries		17

	Name ofundertaking	Name ofundertaking	Name ofundertaking	Name ofundertaking		Registered	Registered		Class of % Held	Class of % Held	Class of % Held
						office			shares	held Direct	Indirect
	Oakleaf Enterprise			Trading		England	&Wales Dormant		Ordinary	100.00
	Limited
18	Stocks
										2023	2022
										E	F
	Raw materials		and consumables							6,681	3,189
19	Debtors
										2023	2022
	Amounts falling due				within	one year:				6	E
	Trade debtors									11,113	29,666
	Other debtors									9,660	9,205
	Prepayments	and		accrued income						40,402	38,873
										61,175	77,744
20	Creditors: amounts				falling	due within one year
										2023	2022
								Notes		E	6
	Other taxation		and social security							14,245	11,806
	Deferred income									42,613	89,051
	Trade creditors									32,280	29,132
	Amounts owed		to	subsidiary		undertakings				1	1
	Other creditors									1,626
	Accruals									52,010	45,115
										142,775	175,105

					2023 E	2022f
Other deferred income					42,613	89,051
Deferred	income is	included	in the financial statements	as follows:
					2023	2022
					f	E
Deferred	income is	included	within:
Current	liabilities				42,613	89,051
Movements in the year:
Deferred	income at	1 April 2022			89,051
Released from previous periods					(89,051)
Resources deferred		in the year			42,613	89,051
Deferred	income at	31 March 2023			42,613	89,051

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27	Cash generated from	operations	operations				2023f	2022
	Surplus/(deficit) for the	year					55,377	(11,127)
	Adjustments for:
	Investment income recognised		in statement		offinancial	activities	(18,707)	(14,639)
	Gain on disposal oftangible fixed assets						(192)	(977)
	Fair value gains and losses on		investments				4,186	(13,095)
	Depreciation and impairment oftangible			fixed assets			12,901	14,702
	Movements in working	capital:
	(Increase) in stocks						(3,492)	(3,189)
	Decrease/(increase) in	debtors					16,569	(38,499)
	Increase in creditors						14,108	36,410
	(Decrease)/increase in	deferred	income				(46,438)	89,051
	Cash generated from	operations					34,312	58,637
28	Analysis ofchanges	in net funds
	The Charity had no debt during		the year.