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2023-03-31-accounts

Page
Trustees Report 1-5
Independent
Examiners		 Report 6
Statement of Financial Activities 7
Balance Sheet 8
Cashf low statement 9
Notes to the Accounts 10-16

2023 2022
Unrestricted Restricted Total Funds
Total Funds
Funds Funds (Note 12)
Notes E E
Income and Endowments from
Donations
and Legacies		 12,472 12,472 3,282
Charitable
activities
Support for children and their families 364,798 171,426 536,224 493,123
Other trading
activities		 65,414 65,414 50,469
Investment
Income		 3,693 3,693 2,706
446,377 171,426 617,803 549,580
Expenditure
on
Raising funds 20 20 1,914
Charitable
activities
Support for children and their families 480,555 169,739 650,294 563,156
Total 480,575 169,739 650,314 565,070
Net Income/(Expenditure) (34,198) 1,687 (32,511) (15,490)
Reconciliation
of Funds
Total Funds brought forward 462,638 365,379 828,017 843,507
Total Funds carried forward 428,440 367,066 795,5D6 828,017
Continuing
Operations

2023 2022
Cashflows
from Operating
activities
Cash absorbed
by operations		 (27,836) 3,225
Net Cash used
in operating
activities		 (27,836) 3,225
Cashflows
from investing
activities;
Purchase
oftangible
fixed assets
Interest Received 3,693 3,037
Net cash (provided
by) used
in investing		 activities 3,693 3,037
Change
in cash and cash equivalents		 in the reporting period (24,143) 6,262
Cash and cash equivalents
at the		 beginning ofthe reporting period 312,973 306,711
Cash and cash equivalents
at the		 end ofthe reporting period 288,830 312,973
Reconciliation
of net expenditure		 to net cash flow from
Operating
activities
2023 2022
Net expenditure
for the reporting
activities)		 period (as per the statement offinancial (32,511) (15,490)
A%stments
for.
Depreciation
charges		 14,528 14,527
investment
income recognised
in		 surplus (3,693) (2,706)
(Increase)/decrease
in debtors		 (8,675) 5,805
(Decrease)flncrease
in creditors		 2,515 1,089
Net cash provided
by (used in) operating		 activities 27,836 3,225

Governance Governance
Finance Totals
Costs
E E
Support for children and their families 819 1,440 2,259
31"March 2022 903 1,434 2,337
Support costs Included in the above are as follows
2023 2022
Supportfor Support for
children and children and
their families their families
E E
Bank Charges 819 903
over accrual for Independent examination In prior year (6)
Independent Examiners remuneration 1,440 1,440
2,259 2 337
9.Net Expenditure
Net expenditure
is stated after charging/(crediting),
2023 2022
Independent Examiners remuneration 1,440 1,434
Depreciation 14,528 14,527
10.Trustees Remuneration and Benefits
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022

2023 2022
E E
Wages
&Salaries		 445,881 410,222
Social Security Costs 24,671 20,950
Pension Costs 7,752 7,130
478,304 438,302
The average monthly number of employees during the year was as follows;
2023 2022
Full Time equivalent 18 18
Headcount 27 29
Remuneration ofkey management personnel
2023 2022
E
Total for the year 169,114 163,172

2022 2022 2022
Unrestricted Restricted
Total Funds
Funds Funds
L
Income and Endowments from
Donations
and Legacies		 3,282 3,282
Charitable activities
Support for children and their families 322,995 170,128 493,123
Other trading
activities		 50,469 50,469
Investment Income 2,706 2,706
Total 379,452 170,128 549,580
Expenditure on
Raising funds 858 1,056 1,9f4
Charitable activities
Support for children and their families 391,126 172,030 563,156
Total 391,984 1T3,086 565,070
Net Expenditure (12,532) (2,958) (15,490)
Reconciliation
ofFunds
Total Funds brought forward 475,170 368,337 843,507
Total Funds carried fonvard 462,636 365,379 828,017
Represented
by:
Tangible lixed assets 160,46T 355,935 516,402
Net current assets 302,171 9,444 3'I'/, 615
462,638 365,379 828,017
13. Tangible Fixed Assets
Freehold Furniture
and
Property Equipment Fittings Totals
E L L
COST
At 1 April 2022 705,602 78,206 17,634 801,442
Additions
At 31 March 2023 705,602 78,206 17,634 801,442
DEPRECIATION
At 1 April 2022 192,497 77,258 15,285 285,040
Charge for year 12,884 600 1,044 14,528
At 31 March 2023 205,361 77,858 16,329 299,568
NET BOOK VALUE
At 31 March 2023 500,221 348 1,305 501,874
At 31 March 2022 513,105 948 2,349 516,402

14. Deb tors. A mounts falling due falling due within one year within one year
2023 2022
L'
Trade debtors 13,548 1,270
Other debtors 532 897
Prepayments
and		 accrued Income 13,761 16,999
27,841 19,166
15. Creditors: amounts falling due within one year
2023 2022
L'
Trade Creditors 7,664 6,623
Social security and other taxes 6,072 6,723
Other creditors 3,278 3,548
Accruals
and deferred		 income 6,025 3,630
23,039 20,524
16, Movement in funds
At 01/04/2022 Incoming At 31/03/2023
Resources Expended
Unrestricted
Funds
General
Funds		 462,638 446,377 ~(480,575 428,440
Restricted Funds
Grants for new building 327,913 (11,986) 315,927
Ground Source Heat Pump 28,020 (680) 27,340
CAFCASS Support Grant 292 2,500 (292) 2,500
Inclusion,
Pupil Premium
and		 Deprivation support, Herefordshlre Council 833 (833)
National
Lottery, Restoring		 Resilience Together 8,321 156,988 (144,010) 21,299
Digital resource grant 11,938 (11,938)
365,379 171,426 (169,739) 367,066
828,017 617,803 ~650,314 795,506

Comparatlves
for Itfovement		 Comparatlves
for Itfovement		 ln funds ln funds
Comparatlves
for Movement
In funds		 A l 01/04/202'I Incoming
Resources		 Expended At 31/03/2022
Unrestricted
Funds
General Funds 475,170 379,452 (391,984 462,638
Reslrlcled Funds
Grants for new building 338,901 (10,988) 327,913
Ground Source Heat Pump 28,700 (680) 28,020
CAFCASS Support Grant 2,500 (2,208) 292
Inclusion,
Pupil Premium		 end Deprivation support, Herefordshlre Council 719 1,634 (1,520) 833
National Lottery: Communlly Hub
National Lottery: Restoring Resilience Together 165,236 (156,915) 8,321
G Simmons 'l7 (17)
Talk Community 758 (758)
368,337 ti0,128 ~173,il86j 365,379
843,607 549,580 565,070 828,017