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2022-03-31-accounts

CONTENTS
Page
Legal and administrative information 1-2
Trustees'
Report
3 —7
Independent
Examiners'
Report
Statement of Financial Activities
Balance Sheet 10
Notes to the Accounts 11 —18

Unrestricted Restricted Total Total
Note Funds Funds 2022 2021
E E
Income and endowments from:
Donations
and grants
60,763 60,763 83,269
Income from investments 0 0 11
Total income 60,763 60763 83 280
Expenditure
on:
Raising funds 4800 4800 10071
Charitable
activities
61,978 61,978 73,312
Total resources expended 66,778 66,778 83,383
Net incoming/(outgoing) (6,015) (6,015) (103)
resources before transfers
Gross transfers
between funds
Net movement
in funds
(6,015) (6,015) (103)
Reconciliation offunds:
Total funds
brought
forward
7,478 2,250 9,728 9,831
Total funds carried forward 1,463 2,250 3,713 9,728
THE CHALLENGER TRUST THE CHALLENGER TRUST
BALANCE SHEET
Asat 30September 2022
Note 2022 2021
f. E E
CURRENT ASSETS
Debtors 5,000 2,518
Cash at bank and in hand 4,747 15,970
9,747 18,488
CREDITORS: amounts falling due
within one period (6,034) (8,760)
Net current~ 3 713 9y728
Total~less current llabiINes 3,713
FUND BALANCES
Restricted
~icted
13 2,250
1,463
2,250
7,478
3,713 9,?28

3 Donations and grants
2022f 2021f
Donations 5Gifts (inci. Gift Aid) 60,763 33,269
Grants 50,000
60,763 83,269

2022f 2021f
Interest receivable
5 Raising funds
2022f 2021f
Professional fundraising 4,800 10,071
4,800 10,071

Analysis ofexp enditu re
on charitable
activities
Unrestricted Support Restricted Total Total
Expenditure Costs Charitable 2022 2021
Activitiesf
Programme
Costs
36,000 36,000 65,400
Consultancy 600 600
36,600 36,600 65,400
Grant funding of activities 20,000 20,000
(See note 7)
Share ofsupport costs 4,658 4,658 7,192
(See note 8)
Share of governance costs 720 720 720
(See note 9)
57,320 4,658 61,978 73,312
Analysis
by
fund
Unrestricted funds 57,320 4,658 61,978 73,312
Restricted funds
57,320 4,658 61,978 73,312

Support co sts
2022f 2021f
Administrative costs
Professional fees 3,013 2,160
Insurance 1,205 743
Bank charges 126 80
Dispute Settlement 3,034
Website RITcosts 314 1,100
Subscriptions 75
4,658 7,192
Analysed
between:
Fundraising
Charitable
Activities
4 658 7 192
4 658 7,192
2022 2021f
Independent examiner fee 720 720
720 720
Analysed between:
Fundraising
Charitable Activities 720 720
720 720

2022 2021
No. No.
0 0
Employment costs 2022f 2021
Wages and salaries
11 Debtors
2022 2021
GiR Aid debtor 5,000 2,518