##
##
##
##
##
##
##
##
##
##
##
|Chairs introduction|||||
|---|---|---|---|---|
|Objectives
and activities|||||
|Why our work is needed|||||
|How does Arachne
help?|||||
|Financial
review|||||
|Reserves||||10|
|Investments||||10|
|Principal
risks and uncertainties||||10|
|Governance||||10|
|Statement
oftrustees'|responsibilities||||
|Independent
accountant's||report to the members|ofArachne|12|
|Statement
of financial|activities for the year ended||31 March 2023|15|
|Balance Sheet as at|31 March 2023|||16|
|Notes to the financial|statements|||16|
|Administrative
details||||23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Statem||ent
o|ffinancia|l activit|ies for the ye|ar ended 3|1 March|2023|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||||
||||||Funds|Restricted|2023|2022|
|||||||funds|Total|Total|
|||||Notes|E||||
|INCOMING||RESOURCES|||||||
|Incoming|resources||from||||||
|generated||funds|||||||
|Donations||and legacies|||507,387|105,818|613,205|595,674|
|Charitable||activities||||1,000|31,000|60,781|
|Investment||income|||18,385||18,385|5|
|Total incoming
resources|||||626,772|136,818|662,690|666,460|
##
##
|RESOURCES EXPENDED|||||
|---|---|---|---|---|
|Governance
costs|2,492|2,298|4,790|2,298|
|Expenditure
to raise funds|1,172|1,172|2,344|1,172|
|Expenditure
on charitable
activities|29,752|91,045|120,797|114,856|
|Total resources expended|33,416|94,515|127,931|118,326|
|NET INCOMING RESOURCES|492,356|42,303|534,659|538,134|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought
forward|667,507|400|667,907|129,773|
|TOTAL FUNDS CARRIED|||1,202,56||
|FORWARD|1,159,863|42,703|6|667,907|
##
|Balance She|et|as at|31 March 20|23||
|---|---|---|---|---|---|
||||Notes|2023|2022|
|||||6|6|
|Fixed assets||||||
|Tangible assets|||13|1,008,833|508,986|
|||||1,008,833|508,986|
|Current assets||||||
|Debtors|||14|3,480|2,420|
|Cash at bank and|in|hand||201,649|166,955|
|||||205,129|169,375|
|Creditors: amounts||falling|15|(11,396)|(10,454)|
|due within one year||||||
|Net current assets||||193,733|158,921|
##
##
|REPORT OF THE TRUSTE|ES for the year|ended 31stMarch 2023||
|---|---|---|---|
|Total assets less current||1,202,566|667,907|
|liabilities||||
|Net assets||1,202,566|667,907|
|FUNDS||||
|Restricted
fund|16|42,703||
|General
Fund|16|1,159,863|667,907|
|TOTAL FUNDS||1,202,566|667,907|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|Activities|for|generating|funds|31,000|8,596|
##
|4.Investment
|income|||
|---|---|---|---|
|||2023|2022|
|||f|6|
|Deposit account interest||236||
|Rental Income||1II 149||
|||18,385||
|5.Governance|costs|||
|||2023f|2022
8|
|Wages||3,470|1,172|
|Accountancy||1 320
4,790|1 126
2,298|
##
##
##
|7.Expenditure|on|charitable|activities|||
|---|---|---|---|---|---|
|||||2023|2022|
|Depreciation
of owned||fixed assets||1,559|1,586|
|Staff salaries and|costs|||83,756|86,498|
|Rates and water||||963|2,201|
|Light and Heat||||1,882|1,393|
|Telephone||||3,791|2,058|
|Advertising||||717|990|
|Insurance||||2,716|4,017|
|Postage and stationery||||1,782||
|Repairs and renewals||||13,196|7,260|
|Computer
maintenance||and software||5,258|5,442|
|Volunteers'
expenses||||140||
|Tutors||||2,250|2,200|
|Professional
fees||||3,184|200|
|Accreditations||||1,512||
|Learning
materials||||||
|Subscriptions||||813|939|
|Bank charges||||72|72|
|Sundry expenses||||678||
|||||124269|114856|
##
##
|||Amount|
|---|---|---|
|Gross Wages||53,121|
|Employers
N.l.||800|
|Pension|contributions|1,128|
|Repairs|and renewals|4 500|
|||59 549|
##
|London Bo|rough|of Islington||
|---|---|---|---|
||||Amount|
|Gross Wages|||28,272|
|Employers
N.|l.||255|
|Pension
contributions|||143|
|Subscriptions|and memberships||157|
|Postage and|stationery||787|
|Accreditation|fees||1,512|
|Computer
maintenance/||||
|software
maintenance||& license|370|
||||31496|
##
##
|REPORT O|F|THE|TRUSTEES for the year e|nded 31stMarch 2023||
|---|---|---|---|---|---|
|||||2023|2022|
|Depreciation|-|owned|assets|1,559|1,586|
##
##
|||2023f|2022
6|
|---|---|---|---|
|Wages
Pension|and salaries
contributions|83,772
1,271|82,001
1,217|
|Social security costs||1 056
86,099|5 624
88,842|
##
##
##
##
##
##
##
##
##
||||Computer,|Computer,|||
|---|---|---|---|---|---|---|
|||Freehold|Furniture||||
|||Property|&|Fittingsf||Total
f|
|Cost|||||||
|At 1 April 2022||500,000||100,517||600,517|
|Additions||500 000||1 406||501 406|
|At 31 March 2023||1 000 000||101923||1 101 923|
|Depreciation|||||||
|At 1 April 2022||||91,531||91,531|
|Charge for the year||||1 559||1 559|
|At 31 March 2023||||93 090||93090|
|Net book value|||||||
|At 31 March 2023||1 000 000||8 833||1 008833|
|At 31 March 2022||500000||8,986||508,986|
|14.Debtors|||||||
||||||2023
f|2022f|
|Other debtors|||||3,480|2,420|
||||||3480|2420|
|Amounts
due after more than one year included|||above||||
|15.Creditors|||||||
||||||2023
f|2022f|
|Other creditors|||||11,396|10,454|
||||||11 396|10454|
|16.Movement|in funds||||||
|Unrestricted
funds|||||||
|General
fund|||||||
|At 1 April 2022|||||667,507||
|Prior year adjustments|||||||
|At 1 April 2022|||||667,507||
|Net movement
in the year|||||492,356||
|Transfer to Restricted||funds|||||
##
|At 31 March 2023|1,159,863|
|---|---|
|Restricted funds
Restricted
funds|2023f|
|At 1 April 2022|400|
|Transfer from the profit and loss account|42,303|
|At 31 March 2023|42 733|
|TOTAL FUNDS|1,202,566|
##
##
##
##
##
##
##
##
##