| Page | ||
|---|---|---|
| Chairman's Report |
||
| Report ofthe Trustees | 2 to | 6 |
| Report ofthe Independent Auditors |
7 to | 9 |
| Statement of Financial Activities | 10 | |
| Balance Sheet | ||
| Cash Flow Statement | 12 | |
| Notes to the Cash Flow Statement | 13 | |
| Notes to the Financial Statements | 14 to | 22 |
| Detailed Statement of Financial Activities | 23 to | 24 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | E | E | E | E | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Voluntary Income |
34,153 | 6,500 | 40,653 | 75,446 | |||
| Charitable activities |
|||||||
| Charitable activities |
544,324 | 544,324 | 554,403 | ||||
| Other trading activities |
132,888 | 132,888 | 77,550 | ||||
| Investment income |
1,734 | 1,734 | 855 | ||||
| Total | 713,099 | 6,500 | 719,599 | 708,254 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 1,907 | 1,907 | 1,210 | ||||
| Charitable activities |
|||||||
| Charitable activities |
680,882 | 6,500 | 687,382 | 593,494 | |||
| Total | 682,789 | 6,500 | 689,289 | 594,704 | |||
| Net gains/(losses) on investments |
(27,675) | (27,675) | 34,304 | ||||
| NET INCOME | 2,635 | 2,635 | 147,854 | ||||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 1,119,111 | 1,119,111 | 971,257 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,121,746 | 1,121,746 | 1,119,111 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | f | f | f | |||
| FIXEDASSETS | ||||||
| Tangible assets | 14 | 276,690 | 276,690 | 294,973 | ||
| Investments | 15 | 314,894 | 314,894 | 342,569 | ||
| 591,584 | 591,584 | 637,542 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 16 | 45,352 | 45,352 | 38,593 | ||
| Cash at bank | 513,681 | 513,681 | 466,376 | |||
| 559,033 | 559,033 | 504,969 | ||||
| CREDITORS | ||||||
| Amounts falling due within one year |
17 | (28,871) | (28,871) | (23,400) | ||
| NET CURRENT ASSETS | 530,162 | 530,162 | 481,569 | |||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 1,121,746 | 1,121,746 | 1,119,111 | |||
| NETASSETS | 1,121,746 | 1,121,746 | 1,119,111 | |||
| FUNDS | 18 | |||||
| Unrestricted | funds | 1,121p746 | 1,119,111 | |||
| TOTALFUNDS | 1,121,746 | 1,119,111 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | E | 6 | |||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
57,914 | 168,209 | |||
| Net cash provided by operating activities |
57,914 | 168,209 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets | (12,343) | (13,245) | |||
| Sale oftangible fixed assets | 292 | ||||
| Interest received | 1,734 | 855 | |||
| Net cash used in investing activities |
(10,609) | (12,098) | |||
| Change in cash and cash equivalents |
in the | ||||
| reporting period |
47,305 | 156,111 | |||
| Cash and cash equivalents | at the beginning | ||||
| ofthe reporting period |
466,376 | 310,265 | |||
| Cash and cash equivalents | atthe end | of | |||
| the reporting period |
513,681 | 466,376 |
| 2022f | 2021f | |||
|---|---|---|---|---|
| Net income for the | reporting | period (as per the Statement of Finan«ial | ||
| Activities) | 2,635 | 147,854 | ||
| Adjustments for: |
||||
| Depreciation charges |
30,623 | 36,318 | ||
| Losses/(gain) on investments |
27,675 | (34,304) | ||
| Loss on disposal of | fixed assets | 4 | 102 | |
| Interest received | (1,734) | (855) | ||
| (Increase)/decrease | in debtors | (6,759) | 6,554 | |
| Increase in creditors |
5,470 | 12,540 | ||
| Net cash provided | by operations | 57,914 | 168,209 |
| At 1/1/22 | Cash flow | At 31/12/22 | |
|---|---|---|---|
| f | f | f | |
| Net cash | |||
| Cash at bank | 466,376 | 47,305 | 513,681 |
| 466,376 | 47,305 | 513,681 | |
| Total | 466,376 | 47,305 | 513,681 |
| VOLUNTARY INCOME | ||
|---|---|---|
| 2022 | 2021 | |
| E | f | |
| Donations | 9,044 | 3,100 |
| Grants | 31,609 | 72,346 |
| 40,653 | 75,446 |
| OTHER | TRADING ACTIVITIES | ||
|---|---|---|---|
| 2022 | 2021 | ||
| E | E | ||
| Trading | income | 2,234 | 1,473 |
| Charity | shop sales | 130,654 | 76,077 |
| 132,888 | 77,550 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | E | |||
| Deposit | account | interest | 1,734 | 855 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Activity | E | E | |||
| Attendance fees |
Charitable | activities | 41,248 | 17,703 | |
| Food income | Charitable | activities | 2,244 | 1,184 | |
| Social services funding | Charitable | activities | 494,328 | 525,682 | |
| Sundry income | Charitable | activities | 6,504 | 9,834 | |
| 544,324 | 554,403 | ||||
| RAISING FUNDS | |||||
| Other trading activities | |||||
| 2022 | 2021 | ||||
| 6 | E | ||||
| Charity shop expenses | 1,907 | 1,210 | |||
| CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 8) | note 9) | Totals | |||
| E | E | E | |||
| Charitable activities |
676,623 | 10,759 | 687,382 | ||
| DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | ||||
| E | |||||
| Staff costs | 471,670 | 416,640 | |||
| Rates and water | 170 | 679 | |||
| Light and heat | 16,963 | 11,083 | |||
| Telephone | 3,275 | 3,800 | |||
| Printing, postage 8 stationery |
10,217 | 8,263 | |||
| Advertising | 1,145 | ||||
| Workwear | 1p548 | 2,350 | |||
| Service user activities | 23,267 | 7,447 | |||
| Staff &client training | 2,861 | 3,315 | |||
| Staff travel | 5,030 | 5,198 | |||
| Food expenditure | 1,426 | 678 | |||
| Canteen supplies | 8,107 | 7,120 | |||
| ITexpenses | 14p364 | 8,557 | |||
| Plant &machinery repairs |
197 | ||||
| Buildings insurance |
7,310 | 8,894 | |||
| Building repair &maintenance | 78,643 | 54,217 | |||
| Depreciation | 30,623 | 36,318 | |||
| Loss on sale ofassets | 4 | 102 | |||
| 676,623 | 574,858 |
| Governance | Governance | costs | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Charitable | Total | |||
| activities | activities | |||
| 6 | E | |||
| Auditors' | remuneration | 6,935 | 5,000 | |
| Accountancy | fees | 1,937 | 1,523 | |
| Legalfees | 1,887 | 12,113 | ||
| 10,759 | 18,636 |
| 2022 E |
2021f | ||
|---|---|---|---|
| Auditors' | remuneration | 6,935 | 5,000 |
| Depreciation - owned assets | 30,622 | 36,318 | |
| Deficit on | disposal offixed assets | 4 | 102 |
| Remuneration of Key |
Remuneration of Key |
Manage | ment Personn |
ment Personn |
el totalled 6126,512 |
(2021:6103,129 | ). | |
|---|---|---|---|---|---|---|---|---|
| The average monthly | number | of employees | during the year was | as follows: | ||||
| 2022 | 2021 | |||||||
| Charitable activities |
16 | 16 | ||||||
| Management &administration |
3 | 3 | ||||||
| 19 | 19 | |||||||
| No employees received emoluments |
in excess off60,000. | |||||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||||||
| Unrestricted | Restricted | Total | ||||||
| fund | funds | funds | ||||||
| f | E | E | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Voluntary Income |
73,446 | 2,000 | 75,446 | |||||
| Charitable activities |
||||||||
| Charitable activities |
554,403 | 554,403 | ||||||
| Other trading activities | 77,550 | 77,550 | ||||||
| Investment income |
855 | 855 | ||||||
| Total | 706,254 | 2,000 | 708,254 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds | 1,210 | 1,210 | ||||||
| Charitable activities |
||||||||
| Charitable activities |
591,494 | 2,000 | 593,494 | |||||
| Total | 592,704 | 2,000 | 594,704 | |||||
| Net gains on investments | 34,304 | 34,304 | ||||||
| NET INCOME | 147,854 | 147,854 | ||||||
| RECONCILIATION OF FUNDS |
||||||||
| Total funds brought | forward | 971,257 | 971,257 | |||||
| TOTAL FUNDS CARRIED FORWARD | 1,119,111 | 1,119,111 |
| Freehold | Plant and | |||
|---|---|---|---|---|
| property f |
machinery E |
Totals E |
||
| COST | ||||
| At 1January 2022 | 406,919 | 256,371 | 663,290 | |
| Additions | 12,343 | 12,343 | ||
| Disposals | (1,148) | (1,148) | ||
| At 31December | 2022 | 406,919 | 267,566 | 674,485 |
| DEPRECIATION | ||||
| At 1January 2022 Charge for year |
184,037 8,138 |
184,280 22~ |
368,317 30,622 |
|
| Eliminated on disposal |
(1,144) | (1,144) | ||
| At 31December | 2022 | 192,175 | 205,620 | 397,795 |
| NET BOOK VALUE | ||||
| At 31December | 2022 | 214,744 | 61,946 | 276,690 |
| At 31December | 2021 | 222,882 | 72,091 | 294,973 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investments | |
| f | |
| MARKET VALUE | |
| At 1January 2022 |
342,569 |
| Revaluations | (27,675) |
| At 31December 2022 | 314,894 |
| NET BOOKVALUE | |
| At 31December 2022 | 314,894 |
| At 31December 2021 | 342,569 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/1/21 | in funds | 31/12/21 | ||
| 6 | E | f | ||
| Unrestricted | funds | |||
| General fund | 971,257 | 147,854 | 1,119,111 | |
| TOTALFUNDS | 971,257 | 147,854 | 1,119,111 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| f | 6 | f | 6 | ||
| Unrestricted | funds | ||||
| General fund | 706,254 | (592,704) | 34,304 | 147,854 | |
| Restricted funds | |||||
| Grant income | 2,000 | (2,000) | |||
| TOTAL FUNDS | 708,254 | (594,704) | 34,304 | 147,854 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/1/21 | in funds | 31/12/22 | ||
| E | 6 | E | ||
| Unrestricted | funds | |||
| Generalfund | 971,257 | 150,489 | 1,121,746 | |
| TOTAL FUNDS | 971,257 | 150,489 | 1,121,746 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources f |
expended f |
losses f |
in funds f |
||
| Unrestricted | funds | ||||
| General fund | 1,419,353 | (1,275,493) | 6,629 | 150,489 | |
| Restdcted funds | |||||
| Grant income | 8,500 | (8,500) | |||
| TOTAL FUNDS | 1,427,853 | (1,283,993) | 6,629 | 150,489 |
| 2022f | 2021 E |
|
|---|---|---|
| INCOME AND ENDOWMENTS | ||
| Voluntary Income |
||
| Donations | 9,044 | 3,100 |
| Grants | 31,609 | 72,346 |
| 40,653 | 75,446 | |
| Other trading activities | ||
| Trading income | 2,234 | 1,473 |
| Charity shop sales | 130,654 | 76,077 |
| 132,888 | 77,550 | |
| Investment income |
||
| Deposit account interest | 1,734 | 855 |
| Chadtable activities |
||
| Attendance fees |
41,248 | 17,703 |
| Food income | 2,244 | 1,184 |
| Social services funding | 494,328 | 525,682 |
| Sundry income | 6,504 | 9,834 |
| 544,324 | 554,403 | |
| Total incoming resources | 719,599 | 708,254 |
| EXPENDITURE | ||
| Other trading activities | ||
| Charity shop expenses | 1,907 | 1,210 |
| Charitable activities |
||
| Wages | 456,608 | 402,338 |
| Pensions | 15,062 | 14,302 |
| Rates and water | 170 | 679 |
| Light and heat | 16,963 | 11,083 |
| Telephone | 3,275 | 3,800 |
| Printing, postage ik stationery |
10,217 | 8,263 |
| Advertising | 1,145 | |
| Worikwear | 1,548 | 2,350 |
| Service user activities | 23,267 | 7,447 |
| Staff Ik client training | 2,861 | 3,315 |
| Carried forward | 531,116 | 453,577 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| Charitable activities |
|||||
| Brought forward | 531,116 | 453,577 | |||
| Staff travel | 5,030 | 5,198 | |||
| Food expenditure | 1,426 | 678 | |||
| Canteen supplies | 8,107 | 7,120 | |||
| ITexpenses | 14,364 | 8,557 | |||
| Plant &machinery | repairs | 197 | |||
| Buildings insurance | 7,310 | 8,894 | |||
| Building repair &maintenance | 78,643 | 54,217 | |||
| Depreciation offreehold |
property | 8,138 | 8,138 | ||
| Depreciation of plant and |
machinery | 22,485 | 28,180 | ||
| (Profit) / loss on sale oftangible | fixed assets | 4 | 102 | ||
| 676,623 | 574,858 | ||||
| Support costs | |||||
| Governance costs | |||||
| Auditors' remuneration |
6,935 | 5,000 | |||
| Accountancy fees | 1,937 | 1,523 | |||
| Legalfees | 1,887 | 12,113 | |||
| 10,759 | 18,636 | ||||
| Total resources expended | 689,289 | 594,704 | |||
| Net income | 30,310 | 113,550 |