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2022-03-31-accounts

Exposure Organisation Limited

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS For the year ended 31 March 2022

Report of the trustees Pages 2 to 11
Report of the independent examiner Page 12
Statement of financial activities Page 13
Balance sheet Page 14
Notes to the financial statements Pages 15 to 20

Registered company number 03455480 Registered charity number 1073922

Exposure Organisation Limited

REPORT OF THE TRUSTEES

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in January 2015 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2015.

Reference and administrative details

Registered company number

03455480

Registered charity number 1073922

Registered office

The Bigger Shoe Box, Muswell Hill Centre, Hillfield Park, London N10 3QJ

Trustees

David Hill Chairman , Jonathan Bloch , Rebecca Burns, Vivien Hanney , Iacovos Koumi

Company secretary

Andreas Koumi Manager & Secretary

Accountants

Goldwins Limited, Chartered Accountants, 75 Maygrove Road, London NW6 2EG

Overview

Founded by young people in north London in 1996, Exposure is a longstanding grassroots youth communications charity. Exposure gives young people aged 15-25 from diverse and often challenging backgrounds a platform to express themselves through its interactive youth website exposure.org.uk and associated social media. Exposure enables beneficiaries to develop their resilience, confidence and sense of purpose, and to gain valuable work experience and life-changing communication skills that improve their future and employment prospects.

During the year Exposure engaged with 148 young people by delivering youth communications activities in local schools/colleges and the Exposure office, through other charitable partners and via additional blended one-to-one support using email, phone and videoconferencing, enabling beneficiaries to explore issues affecting their mental health and wellbeing as a form of narrative therapy.

A particular focus was getting through the pandemic by promoting positive activities, as well as addressing identity, culture, technology, relationships, equality, discrimination, women’s rights, LGBT+ issues, creativity, careers and climate change.

As a result, Exposure was commended for its work and continues to attract funding from a range of sources to help meet costs while maintaining an appropriate level of financial reserves.

Report of the trustees and financial statements For the year ended 31 March 2022 Page 2 of 20

Exposure Organisation Limited

Structure, governance and management

Governance

Exposure is the marketing name of the registered charity Exposure Organisation Limited, which is governed by its memorandum and articles of association dated 25 January 1999, as amended on 17 October 2001 to allow for current governance arrangements. The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £10.

Membership of the charity is open to any individual aged 18 or over who has contributed to Exposure’s work and who supports its objectives. In the case of volunteers, eligibility is established by active involvement over a six-month period. There are currently 16 members of Exposure. Beneficiary involvement in Exposure’s commissioned creative production activities obviates the need for the charity to have a trading subsidiary.

Recruitment, appointment and retirement of trustees

The charity’s articles of association require the appointment of not less than three trustees. New trustees are appointed for a term of three years by invitation of existing trustees. This is subject to election by existing trustees at a board meeting and approval by charity members at the subsequent annual general meeting.

Appointed a trustee of the charity on 19 April 2000, Iacovos Koumi is the brother of Andreas Koumi. Andreas Koumi gained his position as Manager & Secretary by virtue of his former employment at Haringey Council’s Youth Service, which was instrumental in supporting the establishment of the charity as a company limited by guarantee on 27 October 1997 and as a registered charity on 11 February 1999. Iacovos Koumi was not involved in Andreas Koumi’s appointment, nor is he involved in any decisions concerning Andreas Koumi’s remuneration. The board has established appropriate arrangements for dealing with situations where conflicts of interest may arise. The Charity Commission approved these arrangements on 21 February 2003.

On 20 October 2021, David Hill and Iacovos Koumi retired as trustees, stood for re-election and were duly re-appointed by the members. None of the trustees had any beneficial interests in the charity or were paid for their duties during the year.

Induction and training of new trustees

Prior to appointment, new trustees are required to demonstrate a sound knowledge of the charity’s purpose and activities, to study its annual report and accounts, and to read and adhere to all its policies and procedures. New trustees are also required to provide two professional references to vouch for their suitability and also to undertake a Disclosure and Barring Service (DBS) check.

New trustees are required to understand that they have overall responsibility for overseeing the charity’s management and administration, for making decisions on its behalf in conjunction with their fellow trustees, and for advising on fundraising and other income generation activities ensuring that monies are properly spent and accounted for.

New trustees are made aware that they must always act in the best interests of the charity and are not able to benefit directly or indirectly from its activities. If employed, they are required to clear their involvement in Exposure with their employer to ensure there is no conflict of interest.

Report of the trustees and financial statements For the year ended 31 March 2022 Page 3 of 20

Exposure Organisation Limited

Structure

Material matters of policy and strategy are decided at regular meetings of Exposure’s board of trustees, while day to day management of the charity is delegated to the Manager & Secretary who is responsible for operational matters including finance, appointing freelance contractors and adult volunteers, development of young volunteers and all youth communications related activities. The Manager & Secretary reports to the board on Exposure’s activities, achievements, financial position and plans at regular board meetings. All expenditure over £1,500 must be approved by the Chairman or, in his absence, another trustee.

The following staff and freelance contractors are involved in Exposure’s work:

Exposure places young people at the top of its organisational structure, reflecting the charity’s approach of undertaking activities initiated or inspired by young people, with support and guidance from experienced adults.

Volunteers

All Exposure’s direct beneficiaries are also young volunteers, contributing to Exposure’s work. While Exposure is open to all young people, most are from diverse and often challenging backgrounds. On joining, beneficiaries go through a health and safety induction and sign up to Exposure’s charter, a document detailing young people’s rights and responsibilities, and highlighting the charity’s complaints procedure.

Adult volunteers, like Exposure’s trustees, staff and freelance contractors, are required to adhere to all Exposure’s policies and procedures, in particular its volunteering and safeguarding policies, and to undertake a DBS check. During the year, adult volunteers were involved in supporting young people to build confidence, develop their skills and sense of purpose, and to express themselves through Exposure’s youth communications activities.

Main sources of funding

Exposure’s main source of funding during the year was from John Lyon’s Charity, which provided a grant worth £35,000. Exposure also received smaller amounts from the National Lottery and a range of charitable trusts, foundations and local organisations.

As Exposure’s income is generated through grant applications to institutional funding bodies and commissions by other organisations seeking to engage and benefit young people the charity is not a member of the Fundraising Standards Board.

Report of the trustees and financial statements For the year ended 31 March 2022 Page 4 of 20

Exposure Organisation Limited

Risk management

Major risks identified by the trustees are:

These risks are mitigated by maintaining adequate insurance cover and by having appropriate policies, procedures and guidance, reviewed regularly and available to all staff and freelance contractors via the Exposure internet file hosting service, for:

New grant applications are submitted regularly to progress operations in accordance with the evolving needs and interests of young people. Plans for progress operations are detailed in the section on ‘Future developments’ on page 10.

Experienced editorial personnel review all published and broadcast material. Cash balances held at banks are within government deposit protection limits.

Objectives, aims and activities

Objectives

In accordance with its memorandum, the charity’s objects are to:

Report of the trustees and financial statements For the year ended 31 March 2022 Page 5 of 20

Exposure Organisation Limited

Aims

Exposure guides and trains young people to use digital technology and social media positively and intelligently. Beneficiaries produce compelling creative content – features, news stories, reviews, interviews, poetry, fiction, graphics, photographs, podcasts, music and short films – on important youth issues, before widely disseminating this content as a learning resource. Exposure delivers youth communications workshops online, in the Exposure office and through local schools, colleges and a range of charities in the youth sector. Through these long-established and effective partnerships, Exposure is able to reach those most in need, including young people with disabilities, learning difficulties, mental health issues, in or leaving care, and those who are refugees and asylum seekers.

Young volunteers are nurtured by inspiring and responsive adults to raise aspirations and broaden horizons through:

Theory of change

Exposure has developed a ‘Theory of change’ schematic, illustrating how Exposure’s interventions support young people to thrive creatively for the good of others as well as themselves.

Activities

Having regard to the Charity Commission’s guidance on public benefit, Exposure’s significant activities during the year were:

Report of the trustees and financial statements For the year ended 31 March 2022 Page 6 of 20

Exposure Organisation Limited

Achievements and performance

Achievements

Beneficiaries were supported to produce outputs addressing their responses to the pandemic, mental health and wellbeing generally, as well as culture, identity, discrimination, relationships, creativity, careers and the environment.

Exposure developed new writing tips and detailed guidelines for constructing output, as well as tailored questionnaires to prompt responses in 12 subject areas related to improving young people’s inner, outer and future world.

Exposure was able to secure additional funding from National Lottery Awards for All, Jack Petchey Foundation, Community Barnet, UK Youth, Hornsey Parochial Charities and Your Best Friend Fund in support of its work.

Exposure’s manager & Secretary received an invitation to attend a Garden Party at Buckingham Palace, having been recommended by the Queen’s Lord Lieutenant of Greater London, in recognition of the charity’s outstanding services to the community. Sadly, he was unable to attend.

Exposure was selected to participate in a strategic partnership with the Centre for Innovation in Voluntary Action on Make My Mark, a project supporting more experienced and dedicated beneficiaries by offering small grants in support of their career progression.

A number of Exposure’s young contributors had their work published in the local newspapers, including one piece appearing in the Metro . Others were supported into higher education and to secure their first job in the media.

Performance

Exposure online

Exposure’s youth news, views, reviews and interviews website exposure.org.uk and social media presence offers an immediate, accessible and interactive platform for young people to express and share their ideas, feelings, experiences and creativity, through generating meaningful creative content: articles, interviews, poetry, fiction, graphics, photographs, podcasts, music and short films. Updated at least twice a week, Exposure’s website receives an average of 4,600 active users per month. Exposure has over 6,000 followers on social media, mainly local young people, parents, teachers and other supporters. Young people produced over 150 posts for the Exposure website and social media during the year.

Improving young people’s inner, outer and future world

Beneficiaries were provided with a range of detailed questionnaires, writing tips and guidance for generating material, and offered one-to-one support through workshops in the Exposure office, local schools/colleges, through other charitable partners and via additional, blended one-to-one support using email, text, phone and videoconferencing, enabling them to explore issues affecting their mental health and wellbeing as a form of narrative therapy. A particular focus has been getting over the pandemic by promoting positive activities, as well as addressing identity, culture, technology, relationships, equality, discrimination, women’s rights, LGBT+ issues, creativity, careers and climate change.

‘Exposure Youth Get Active’ summer project

During the summer of 2021 Exposure produced and distributed ‘Exposure Youth Get Active’ t-shirts, designed by one of the charity’s young illustrators, and encouraged its young contributors to take photographs of themselves and provide testimonies about how there were getting active, as they emerged from the pandemic, to reassure and inspire their friends and families. This material was turned into a series of engaging, positive posts for social media.

Report of the trustees and financial statements For the year ended 31 March 2022 Page 7 of 20

Exposure Organisation Limited

Christmas gift

Exposure rewarded all its dedicated young contributors with a branded, environmentally friendly tote bag to carry with pride their Exposure credentials and commitment to a sustainable planet. This led to a series of positive posts on social media, with photographs of young people sporting their bags.

Partnership work

Remote working has enabled partnership work to be developed with a range of other youth organisations, across London, looking to promote their services and offer beneficiaries a voice and creative opportunities. During the year Exposure has supported young people from the following organisations:

Measuring impact

Exposure has developed the ‘Exposure Star’ outcomes chart, a guided self-assessment tool, to track impact, measure progress and identify future goals of young volunteers. Each young volunteer is asked to report on the impact Exposure has had on their attitude to eight key aspects of their life:

  1. Looking after yourself (attitudes to health and safety)

  2. Coping with life (getting over problems, managing change)

  3. Confidence (feelings towards yourself and your abilities)

  4. Relating to others (getting on with peers, colleagues and supportive adults)

  5. Expressing yourself (sharing feelings, ideas and creativity)

  6. Engaging with learning (gaining skills and positive experiences)

  7. Experiencing work (appreciating what it means to be professional)

  8. Looking ahead (future plans, prospects, career aspirations)

Report of the trustees and financial statements For the year ended 31 March 2022 Page 8 of 20

Exposure Organisation Limited

Financial review

Financial performance

Total income for the year was £69,673, down from £76,987 last year. Total expenditure was £79,146, up from £75,671 last year. The reduction in income was down to curtailed fundraising opportunities caused by the pandemic, its aftermath, continued austerity and the cost of living crisis. Net deficit was £9,473 compared with net surplus of £1,316 last year. Net assets decreased from £118,446 to £108,973. The cash balance at year-end was £164,331.

Reserves and investment policy

The trustees review Exposure’s reserves and investment policy annually with a view to enabling the charity to meets its obligations to address the needs and safeguard the wellbeing of its beneficiaries, should core funding be reduced substantially or any other exceptional event occur.

Reserves have enabled Exposure to remain resilient in the face of the pandemic, austerity and the increasingly uncertain funding environment for youth charities. Reserves may be drawn upon for exceptional payments, for example to cover sickness or redundancy, to repair or replace broken or obsolete computer hardware and software, or to provide working capital to cover grants and creative service fees that are delayed. Reserves also allow the charity to continue serving its young beneficiaries during hopefully temporary periods when available funding does not fully cover operating costs.

The trustees have agreed that a Designated Fund of £100,000 be held so that, even in the face of a drying up of further funding support to worthy youth projects of this kind, the charity can prudently:

A winding up procedure has been drawn up to be triggered in the hopefully unlikely event that unrestricted reserves fall to £12,000, so as to leave enough funds for orderly winding down and dissolution, including redundancy payments.

Reserves and cash resources are deposited in separate banks to ensure protection under the Financial Service Compensation Scheme.

Report of the trustees and financial statements For the year ended 31 March 2022 Page 9 of 20

Exposure Organisation Limited

Future developments

Meet current commitments

Exposure’s first priority over the coming year will be to meet its charitable objectives through delivering outcomes and output targets for its current funders. In particular, we have secured some funding from Hornsey Parochial Charities and Your Best Friend Fund in support of work enabling young females to address issues important to them, for which there is growing demand from existing and recently recruited beneficiaries.

Review current activities and develop new business plan

Additionally, Exposure has secured a grant from John Lyon’s Charity, worth £40,000 to 31 March 2023. This fund is earmarked specifically to review the charity’s current fundraising activities, services, theory of change and delivery model, including online and social media activities, promotion and partnership work, with specialist external support where appropriate.

From this review, Exposure will then look to develop a renewed strategy and costed business plan. This may include inter alia the following actions:

The intention is to redefine, rejuvenate and then, all being well, sustain Exposure’s core offer while diversifying and strengthening its income generation capabilities in an increasingly difficult and unforgiving funding environment.

Report of the trustees and financial statements For the year ended 31 March 2022 Page 10 of 20

Exposure Organisation Limited

Statement of trustees’ responsibilities

The trustees (who are also the directors of Exposure Organisation Limited for the purposes of company law) are responsible for preparing the report of the trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Thank you

Exposure thanks all funders, clients, supporters, staff, freelance contractors, suppliers, members and volunteers for their continued support.

On behalf of the board

David Hill Chairman 7 September 2022

Report of the trustees and financial statements For the year ended 31 March 2022 Page 11 of 20

Exposure Organisation Limited

REPORT OF THE INDEPENDENT EXAMINER

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity’s trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination’; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Anthony Epton BA, FCA, CTA, FCIE Goldwins Limited Chartered Accountants 75 Maygrove Road London NW6 2EG

7 September 2022

Report of the trustees and financial statements For the year ended 31 March 2022 Page 12 of 20

Exposure Organisation Limited

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2022

Income from
Charitable activities (see Note 2)
Other income (commissions)
Investment income
Total income
Expenditure on
Charitable activities (see Note 3)
Total resources expended
Net incoming resources
Transfer between funds
Net movements in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
1,993
1,150
43
3,186
1,194
1,194
1,992
(11,465)
(9,473)
118,446
108,973		 Restricted
funds
£
66,487
-
-
66,487
77,952
77,952
(11,465)
11,465
-
-
-		 2022
Total
funds
£
68,480
1,150
43
69,673
79,146
79,146
(9,473)
-
(9,473)
118,446
108,973
Unrestricted
funds
£
500
1,600
72
2,172
88
88
2,084
(768)
1,316
117,130
118,446		 Restricted
funds
£
74,815
-
-
74,815
75,583
75,583
(768)
768
-
-
-		 2021
Total
funds
£
75,315
1,600
72
76,987
75,671
75,671
1,316
-
1,316
117,130
118,446

The attached notes form part of these financial statements.

Report of the trustees and financial statements For the year ended 31 March 2022 Page 13 of 20

Exposure Organisation Limited

BALANCE SHEET At 31 March 2021

Fixed assets
Tangible assets (see Note 5)
Current assets
Debtors – prepayments
Cash at bank and in hand
Creditors
Amount falling due within one year
– other creditors (see Note 6)
Net current assets
Net assets
Funds(see Note 7)
Unrestricted funds:
Undesignated
Designated as contingency for core management costs
Restricted funds
Total funds		 Unrestricted
funds
£
-
-
112,621
112,621
(3,648)
108,973
108,973		 Restricted
funds
£
1,272
-
51,710
51,710
(52,982)
(1,272)
-		 2022
Total
funds
£
1,272
-
164,331
164,331
(56,630)
107,701
108,973
8,973
100,000
108,973
-
108,973		 2021
Total
funds
£
2,545
-
171,583
171,583
(55,682)
118,446
118,446
18,446
100,000
118,446
-
118,446

The attached notes form part of these financial statements.

For the financial year ended 31 March 2022, the company was entitled to exemption from audit under Section 477 of the Companies Act 2006, and no notice has been deposited under Section 476.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the period and of its profit or loss for the financial period, in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006, so far as applicable to the company. The financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

The financial statements were approved by the board on 7 September 2022.

David Hill Chairman 7 September 2022

Report of the trustees and financial statements For the year ended 31 March 2022 Page 14 of 20

Exposure Organisation Limited

NOTES TO THE FINANCIAL STATEMENTS

1 Accounting policies

Accounting convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 – effective 1 January 2015) – (Charities SORP FRS 102) and the Charities Act 2011.

The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

Going concern

The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Incoming resources

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance for the provision of specified service is deferred until the criteria for income recognition are met.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised and references is made to the trustees’ annual report for more information about their contribution (page 4).

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

All fixed assets are initially recorded at cost. Depreciation is provided at the following annual rates in order to write off each fixed asset over its estimated useful life:

Equipment – 25% on cost

Report of the trustees and financial statements For the year ended 31 March 2022 Page 15 of 20

Exposure Organisation Limited

Taxation

The charity is exempt from corporation tax on its charitable activities as all its income is charitable and is applied for charitable purposes.

Pension costs and other post-retirement benefits

The charity has implemented a scheme through NEST, the workplace pension set up by the government.

Trustees’ remuneration and benefits

There were no trustees’ remuneration, expenses paid or other benefits for the years ended 31 March 2022 and 31 March 2021.

2 Income from charitable activities

Grant and donation income
John Lyon’s Charity
Community Barnet
Lady Ryder of Warsaw Memorial Trust
National Lottery
Young Barnet Foundation
UK Youth
Hornsey Parochial Charities
Schroder Charity Trust
Jack Petchey Foundation
Thrive LDN
Other grants
Total income		 2022
Unrestricted
Restricted
Total
£
£
£
-
35,000
35,000
-
2,457
2,457
-
5,000
5,000
-
13,200
13,200
-
273
273
-
2,115
2,115
-
3,000
3,000
-
2,000
2,000
1,500
1,750
3,250
-
400
400
493
1,292
1,785
1,993
66,487
68,480		 2021
Total
£
55,040
-
7,800
2,000
7,225
-
-
1,000
1,600
650
75,315

Report of the trustees and financial statements For the year ended 31 March 2022 Page 16 of 20

Exposure Organisation Limited

3 Expenditure

Restricted

Restricted
Staff
Freelance
Communications
Equipment & stationery
Insurance
Independent examination
Payroll services
Depreciation
Sundry
Total expenditure		 _________
Unrestricted
National
Lottery
John
Lyon’s
Charity
Other
2022
Total
£
£
£
£
£
-
7,410
17,890
17,279
42,579
-
2,776
16,694
7,979
27,449
-
-
-
892
892
-
-
152
1,267
1,419
-
-
-
267
267
-
-
-
2,150
2,150
-
-
468
-
468
-
-
-
1,273
1,273
1,194
-
-
1,447
2,641
1,194
10,176
35,204
32,572
79,146		 2021
Total
£
44,128
24,477
1,168
984
259
2,000
468
1,272
914
75,670

3a Expenditure (prior year)

Restricted

Staff
Freelance
Printing
Communications
Rent
Equipment & stationery
Insurance
Independent examination
Payroll services
Membership
Depreciation
Sundry
Total expenditure		 _________
Unrestricted
National
Lottery
John
Lyon’s
Charity
Other
2021
Total
£
£
£
£
£
-
5,785
31,877
6,466
44,128
-
1,527
13,492
9,458
24,477
-
-
-
-
-
-
498
220
450
1,168
-
-
-
-
-
-
-
447
537
984
-
-
-
259
259
-
-
2,000
-
2,000
-
-
468
-
468
-
-
-
-
-
-
-
-
1,272
1,272
88
-
746
10
914
88
7,810
49,250
18,452
75,670		 2020
Total
£
44,026
37,877
535
1,177
4,438
294
382
1,900
498
125
1,272
1,728
94,252

Report of the trustees and financial statements For the year ended 31 March 2022 Page 17 of 20

Exposure Organisation Limited

Salaries and wages including social security
Employer’s contribution to defined contribution pension schemes		 2022
£
38,596
3,983
42,579		 2021
£
39,793
4,335
44,128

No employee earned more than £60,000.

The total employee remuneration and benefits including pension contributions of key personnel were: £42,579 (2021: £44,128).

The trustees were not paid and did not receive any other benefits from employment with the charity in the year, neither were they reimbursed expenses during the year. No trustee received payment for professional or other services supplied to the charity.

The average number of employees (head count based on number of staff employed) during the year was 1 (2021: 1)

5 Tangible fixed assets

Cost
At 1 April 2021
Additions
Disposals
At 31 March 2022
Depreciation
At 1 April 2021
Charge for year
Disposals
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 Equipment
£
5,089
-
-
5,089
2,545
1,272
-
3,817
1,272
2,545

Report of the trustees and financial statements For the year ended 31 March 2022 Page 18 of 20

Exposure Organisation Limited

Accruals
Deferred income
Deferred income
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year
Deferred income comprises
John Lyon’s Charity
Jack Petchey Foundation
Other grants
Balance at the end of the year		 2022
£
8,430
48,200
56,630

47,242
(47,242)
48,200
48,200
40,000
5,000
3,200
48,200		 2021
£
5,991
47,242
55,682
43,225
(43,225)
47,242
47,242

7 Analysis of net assets between funds

Unrestricted funds
Undesignated
Designated
£
£
Tangible fixed assets
1,273
-
Net current assets
7,700
100,000
Net assets at 31 March 2022
8,973
100,000
7a Analysis of net assets between funds (prior year)
Unrestricted funds
Undesignated
Designated
£
£
Tangible fixed assets
2,545
-
Net current assets
15,901
100,000
Net assets at 31 March 2021
18,446
100,000		 Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-		 Total funds
£
1,273
107,700
108,973
Total funds
£
2,545
115,901
118,446

7a Analysis of net assets between funds (prior year)

Report of the trustees and financial statements For the year ended 31 March 2022 Page 19 of 20

Exposure Organisation Limited

8 Movement in funds

Unrestricted funds
Undesignated
Contingency for core management costs
Restricted funds
John Lyon’s Charity
National Lottery
Other
Total funds
8a Movement in funds (prior year)
Unrestricted funds
Undesignated
Contingency for core management costs
Restricted funds
John Lyon’s Charity
National Lottery
Other
Total funds		 At 1 April
2021
£
18,446
100,000
118,446
-
-
-
-
118,446
At 1 April
2020
£
17,130
100,000
117,130
-
-
-
-
117,130		 Net
movement
in funds
£
2,084
-
2,084
(204)
824
(12,085)
(11,465)
(9,473)
Net
movement
in funds
£
2,084
-
2,084
5,790
(10)
(6,548)
(768)
1,316		 Transfer
between
funds
£
(768)
-
(768)
204
(824)
12,085
11,465
-
Transfer
between
funds
£
(768)
-
(768)
(5,790)
10
6,548
768
-		 At 31 March
2022
£
18,446
100,000
118,446
-
-
-
-
108,973
At 31 March
2021
£
18,446
100,000
118,446
-
-
-
-
118,446

9 Related party transactions

There are no related party transactions to disclose for 2022 (2021: none).

Report of the trustees and financial statements For the year ended 31 March 2022 Page 20 of 20