2023-03-31-accounts - The Renewal Trust

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Administrative	Information for the period ended 31 March 2023.		3
Directors Report for the year ended 31 March 2023..			.4
Independent	Auditors' Report to the Trustees to The Renewal Trust for the	period
ended 31 March 2023.			.19
Consolidated	Statement of Financial Activities (Incorporating the Income and
Expenditure	Account) for the year ended 31 March 2023
Consolidated	Statement ofFinancial Activities (Incorporating the Income and
Expenditure	Account) forthe year ended 31 March 2023		25
Parent Charitable Company Statement ofFinancial Activities (Incorporating		the
Income and	Expenditure Account) forthe year ended 31 March 2023...................		....26
Parent Charitable Company Statement of Financial Activities (Incorporating		the
Income and	Expenditure Account) forthe year ended 31 March 2023...................		....27
Consolidated	Balance Shee at 31 March 2023		.28
Parent Charitable Company Balance Sheet at 31 March 2023.			.29
Consolidated	Cashflow Statement for the year ended 31 March 2023 ...............................30
Notes to the	consolidated financial statements forthe year ended 31 March	2023	............31

Directors		LAyoola	(resigned	21 December 2022)
		L Davidson
		C Hanies
		N Khan	(resigned	6 December 2022)
		D Liversidge
		A Maqsood	(resigned	9June 2023)
		M Shannon	(appointed	8 December 2021)
		P Spring	(resigned	29June 2022)
		BWallace
		P Wight
Chief Executive Officer		C Underwood
Chairman		D Liversidge
Registered	Office	27 —31 Carlton Road
		Sneinton
		Nottingham
		Nottingha mshire
		NG3 2DG
Auditors		Rogers Spencer Limited
		Newstead	House
		Pelham Road
		Nottingham
		NG5 1AP

Reference	and A	dministrative Detail	s
Registered	charity	name		The Renewal Trust
Charity registration		number		1077450
Company	registration number			03345194
Registered	office			Carlton Road Business 27 —31 Carlton Road	Centre
				Nottingham NG3 2DG
The trustees who		served the company	during the year were as		follows:
L Ayoola (resigned		21 December 2022)		A Maqsood (resigned	9June 2023)
L Davidson				M Shannon
C Harries				P Spring (resigned 29	June 2022)
N Khan (resigned		6 December 2022)		BWallace
D Liversidge				P Wright
Chief Executive Ofricer				Cheny Underwood
Chairman				D Liversidge
Bankers				National Westminster	Bank Pic
				Nottingham Smiths Bank Branch
				16South Parade
				Nottingham NG1 2JX
Solicitors				Wrigleys Solicitors LLP
				19Cookridge Street
				Leeds LS2 3AG
Auditors				Rogers Spencer Limited
				Chartered Accountants
				Newstead House
				Pelham Road
				Nottingham NG5 1AP

Network				Number ofmeetings
The Renewal Trust Network		Event —National	Ice Centre	1
Area 6 Children	and Young	People Network
More in Common	Network
South Hardship	Network			3
Area 6 Health and Wellbeing		Network		i6

Organisation
Heya Nottingham
ACNA
Greenway Centre
BAC-IN CIC
Gramaphones	Theatre Company
Greenheart
Matthew 25:40
Literacy Volunteers
St Christopher's	Church
Sneinton C ofE
BANCA

	Purpose ofGrant
i	Nottingham Ramadan
	Social gatherings
	Christmas party
	Art/Crafts sessions
	Circus classes
	Stay and play gardening	group
	Basketball sessions
	Story sessions
	Christmas fair
	Equipment for families
	Social eating sessions

4.St Ann's Allotments
New Tenants			65
New allotment applications			55
Waiting list			220
Starter Plots let			20
Plot Clearances			69
Percentage ofwating list applicants and volunteer enquiries from the local St Ann's community			68%

Number of	volunteers worked			81
Number of	community organisations/groups	worked	with	18
5.Business	Centres
Number of	Business Centres
Number of	offices services			53
Number of	tenants retained			28
Percentage	oftenants who were charities	supporting	the local	57%
community	and beyond

or the year ended	31 Ma	rch 20	23
			Unrestricted	Restricted	Total	Total
Current Financial Year		Notes	Funds 6	Funds 6	2023 E	2022 6
Income and endowments	from:
Donations and legacies
Charitable activities:
Operation ofThe Renewal	Trust	4	276,639	299,141	575,780	678,147
Other trading activities			411,082	100,075	511,157	460,544
Investment income			22		22	23
Total income			687 743	399216	1 D86959	1,138714
Expenditure on:
Raising funds: Property management			201,584	57,427	259,011	205,510
Charitable activities:
Operation ofThe Renewal	Trust	8	484,179	371,453	855632	781,284
Total expenditure			685763	428,880	1,114,643	986,794
Net income/(expenditure)
before investment
gains/(losses)			1,980	(29,664)	(27,684)	151,920
Transfers between funds		19/20	14,471	(14,471)
Net income/(expenditure)			16,451	(44,135)	(27,684)	151,920
Net gains/(losses) on investments		21	69,000		69,000	141,000
Actuarial gain/(loss) on defined
benefit pension Scheme		18	485,000		485,000	95,000
Net movement in funds			576,451	~44,135	526.316	387,920
Total funds brought forward at 1st April 2022			255,931	44,135	300,066	(87,854)
Total funds carried forward at
31st March 2023			826,382		826382	300066

				Unrestricted	Restdcted	Total	Total
Prior Financial Year			Notes	Fundsf	Funds 6	2022 8	2021 6
Income and endowments		from:
Donations and legacies			27
Charitable activities:
Operation ofThe Renewal		Trust	28	337,061	341,086	678,147	754,077
Other trading activities			29	436,777	23,767	450,544	348,314
Investment income			30	23		23	20
Total income				773,861	364,853	1,138,714	1,102,411
Expenditure on:
Raising funds:
Property management			31	197,808	7,702	205,510	150,384
Charitable activities:
Operation ofThe Renewal		Trust	32	543,345	237,939	781,284	784,637
Total expenditure				741,153	245,641	986,794	935,021
Net income/(expenditure)		before
investment gains/(losses)				32,708	119,212	151,920	167,390
Transfers between funds			33	75,077	(75,077)
Net income/(expenditure)				107,785	44,135	151,920	167,390
Net gains/(losses) on investments Actuarial gain/(loss) on defined			33	141,000		141,000	(21,000)
benefit pension Scheme			33	95,000		95,000	(222,000)
Net movement in funds				343,785	44,135	387,920	(75,610)
Total funds brought forward		at 1st
April 2021 Prior Period Adjustment	-Defined			(87,854)		(87,854)	342,756
Benefit Pension							~355,000
As restated				(87,854)		(87,854)	(12,244)
Total funds carried forward at
31stMarch 2022				255,931	44,135	300.066	~87,854

or the year ended	31	Marc	h 202	3
				Unrestricted	Restricted	Total	Total
Current Financial Year				Funds	Funds	2023	2022
			Notes	8	K		E
Income and endowments	from:
Donations and legacies
Charitable activities:
Operation ofThe Renewal	Trust		4	276,639	299,141	575,780	775,920
Other trading activities			5	101,275	5,944	107,219	102,144
Investment income				22		22	23
Total income				377,936	305,085	683021	878D87
Expenditure on:
Raising funds: Property management				89,307	37,285	126,592	86,897
Charitable activities:
Operation ofThe Renewal	Trust			314,496	297,464	611,960	585,462
Total expenditure				403 8D3	334,749	738,552	672,359
Net income/(expenditure) transfers	before			(25,867)	(29,664)	(55,531)	205,728
Transfers between Funds			19/20	14471	~14474
Net income/(expenditure) year	for the			~77,396	~44,735	~55,537	205,728
Other recognised gains and
losses
Actuarial gain/(loss) on defined benefit pension scheme			18	485,000		485,000	95,000
Net movement in funds				473,604	(44,135)	429,469	300,728
Total funds brought forward at April 2022		1"		(127,301)	126770	(531)	301,259
Total funds carried forward 31stMarch 2023		at		346,303	82,635	428,938	~531

			Unrestricted	Restricted	Total	Total
Prior Financial Year			Funds	Funds	2022	2021
		Notes	E	E	K	6
Income and endowments	from:
Donations and legacies		27
Charitable activities:
Operation ofThe Renewal	Trust	28	434,834	341,086	775,920	754,077
Other trading activities		29	99,253	2,891	102,144	39,824
Investment income		30	23		23	16,020
Total income			534 11D	343977,	878,087	809,921
Expenditure on:
Raising funds:
Property management		31	85,813	1,084	86,897	68,008
Charitable activities:
Operation ofThe Renewal	Trust	32	361,781	223,681	585,462	582,894
Total expenditure			447,594	224,765	672,359	650,902
Net income/(expenditure)	before
transfers Transfers between Funds		33	86,516 77,027	119,212 205,728 ~77027,		159,019
Net income/(expenditure)	for the
year			163,543	42.185	2D6,728	1581119
Other recognised gains and
losses
Actuarial gain/(loss) on defined
benefit pension scheme		33	95,000		95000	~222,000
Net movement in funds			258,543	42,185	300,728	(62,981)
Total funds brought forward Aoril 2021	at 1"		(385,844)	84,585	(301,259)	116,722
Prior period adjustment —defined						~355 DDD
As restated			(385,844)	84,585	(301,259)	(238,278)
Total funds carried forward at 31st INarch 2022			~127,301	126,77D ~531		~301,259

					2023	2022
				Notes	6	6
Fixed assets:
Tangible assets Investments				12 13	46,962 630,000	49,049 538,000
					676,962	587,049
Current assets:
Debtors				14	134,536	103,558
Cash at bank and	in	hand			629,207	709,415
					763,743	812,973
Creditors: amounts		falling due within one year		15	~402, 023	~446,456
Net current assets/(liabilities)					360,920	366,517
Total assets less	current liabilities				1,037,882	953,566
Provisions for liabilities				17	~757,500	~134,500
Total net assets/(liabilities)					880,382	819,066
Defined benefit pension			liability		(54,000)	(519,000)
Net assets					826,382	300,066
The funds ofthe Restricted funds	charity			19		44,135
Unrestricted funds				20	353,882	(147,569)
Revaluation reserve				21	472,5DD	40350D
Total charity funds					026 302	300,D66

at 31 March 2	0	23
					2023	2022
				Notes		6
Fixed assets:
Tangible assets				12	10,535	22,849
Investments				13	1	1
					10,536	22,850
Current assets:
Debtors Cash at bank and	in hand			14	295,985 374,386	161,541 506,433
					670,371	667,974
Current Liabilities: Creditors: amounts		falling due within one year		15	~197.969	~172.355
Net current assetsl		(liabilities)			472,402	495,619
Total assets less	current liabilities				482,938	518,469
Defined benefit pension			liability	18	(54,000)	(519,000)
Net assets f(liabilities)					428,838	~534
The funds ofthe	charity
Restricted funds Unrestricted funds				19 20	82,635 346,393	126,770 ~127,361
Total charity funds					429,938	~631

or the year ended 31 March	20	23
				2023 6	2022s
Cashflows from operating activities Cash generated from operations				64,227	213,420
Net cash inflow/(oufflow) from operating	activities			(64,227)	213,420
Investing activities
Payments to acquire tangible assets				(23,255)	(4,943)
Disposal oftangible assets Interest received				7,252 22	23
Net cash used in investing activities				(15,981)	(4,920)
Net Increase/(decrease in cash and cash equivalents				(80,208)	208,500
Cash and cash equivalents at 1 April 2022				709,415	500915
Cash and cash equivalents at 31 March		2023		629 207	709,415
Reconciliation ofoperating surplus to net cash outflow from operating activities				2023 5	2022 5
Operating (deficit)/surplus Depreciation oftangible assets Difference between pension charge and (Increase)/decrease in debtors Increase/(decrease) in creditors Increase/(decrease) in deferred income	cash contributions			(27,706) 18,089 485,000 (30,977) (482,577) ~26,056	151,897 10,087 95,000 47,842 (93,071) 1,665
Net cash inflow/(outflow) from operating		activities		64,227	213,420
Analysis of net debt		1	April 2022	Gashflow	31 March 2023
Cash at bank and in hand		7119415		~80208	629,207

or the year ended 31 Marc	or the year ended 31 Marc	h 2023
3Donations and legacies
(Group only)		Unrestricted	Restricted	2023	2022
		P	g	6	6
Donations
(Parent Only)		Unrestricted	Restricted 6	2023 8	2022 6
Donations
4Charitable	activities: Operation ofThe Renewal Trust
(Group only)		Unrestricted	Restricted	2023	2022
		6	6	6	6
Nottingham City Council Other Grant Income		234,222 42,417	168,904 130,237	403,126 172,654	461,615 216,532
		278,639	299,141	575,780	678,147
(Parent only)		Unrestricted 2	Restricted 5	2023 6	2022 6
Nottingham City Council Other Grant Income		234,222 42,417	168,904 130,237	403,126 172,654	461,615 314,305
		278,639	299,141	575 780	775,920
5Other trading activities
(Group only)		Unrestricted	Restricted	2023	2022
		6	6	5
Rent DBSchecks Other earned	income	349,348 6,315 15,461	5,941	349,348 6,315 21,402	275,888 6,569 111,427
Grants		39953	94,134	134992	66,660
		411,082	100,075	511,157	460,544
(Parent Only)		Unrestricted 6	Restricted 6	2023 6	2022
Rent DBSchecks Other earned	income	91,549 6,315 3411 101275	5944 5944	91,549 6,315 II 355 ID7 219	57,655 6,569 37,920 ID2 144

6Investment income
(Group and Parent)
		Unrestricted 6	Restrictedf	2023 8	2022
Bank interest		22		22	23
		22		22
(Parent only)		Unrestricted	Restricted	2023	2022
		8	6	8	8
Bank Intertest		22		22	23
		22		22	23
7 Raising funds
(Group only)		Unrestricted	Restricted	2023	2022
		6		8	8
Property management	and other
trading activities:
Property management DBSChecks		196,638 4,946	57,427	254,065 4,946	201,235 4275
		201,584	57,427	259,011	205,510
(Parent only)		Unrestricted	Restricted	2023	2022
		8	6		8
Property management	and other
trading activities:
Property management DBSChecks		84,361 4,946	37,285	121,646 4,946	82,622 4,275
		89,307	37,285	126,592	86897
8 Charitable activities
(Group only)		Unrestricted	Restricted	2023	2022
		6	6
Programmes and activities Other Community Funding Staff Costs Community Grants Admin costs Advertising & Publicity Governance Costs (note 9)		8 294,672 8,975 87,892 3,949 75,683	60,665 129,090 143,482 2,290 29,641 6,285	60,673 129,090 438,154 11,265 117,533 3,949 81,968	44,015 168,035 396,309 4,125 82,849 3,613 70,338
Pension scheme interest		13,000		13,000	12,000
		484,179	371453	855 632	781,284

8Charitable activities (continued)l (Parent only)	Unrestricted 8	Restricted E	2023 8	2022
Programmes and activities Other Community Funding Staff Costs Community Grants Admin costs Advertising &Publicity Governance Costs (note 9)	8 163,676 8,975 72,578 3,949 52,310	60,665 129,090 99,473 2,290 5,946	60,673 129,090 263,149 11,265 78,524 3,949 52,310	44.015 168,035 239,858 4,125 60,840 3,613 52,976
Pension scheme interest	13,000		13,000	12,000
	314,496	297,464	611,960	585,462
9Governance Costs
(Group only)	Unrestricted E	Restricted K	2023 6	2022 6
Board: Admin Costs	40		40	310
Staff Costs Audit and Accountancy Legal	19,809 26,001 29,833	6,285	19,809 26,001 36,118	18,941 21,013 30,074
	75,683	6,285	81,968	70,338
(Parent only)	Unrestricted 6	Restricted K	2023 8	2022 8
Board: Admin Costs	40		40	310
Staff Costs	19,809		19,809	18,941
Audit &Accountancy Legal	12,941 19520 52,310		12,941 1Q 520 52,310	9,824 23,901 52,976
10Net Incoming I(Outgoing) Resources for the year
This is stated after charging:
			2023	2022
Auditors' remuneration:			E	6
-audit ofthe financial statements			10,000	8,000
-other services
			10,000	8,000
11Staff Costs and Emoluments
Total Stalf costs were as follows:
			2023	2022
			8	E
Wages and Salaries Social Security Costs Pension Costs			237,647 11,746 19,042	213,495 15,108 19,525
			268,435	248,128
Particulars ofemployees:
The average number of employees	during the year was	as follows	2023	2022
Number ofstaff —full time equivalent			15	15

The remuneration ofkey management	personnel is as follows:
		2023f	2022f
Aggregate compensation		137,498	170,542
12Tangible Fixed Assets
	Fixtures,
	Fittings 8	Motor
(Group only) Cost	Equipmentf	Vehiclesf	Total
At 1 April 2022 Additions Dispcsals At 31 March 2023	128,672 17,425 ~26996 119,101	5,829 5829	128,672 23,254 ~6.9M 124,930
Depreciation
At 1 April 2022 Charge for the year Dispcssls	79,623 16,632 ~79.744	1,457	79,623 18,089 ~79.744
At 31 March 2023	76511	1 457	77,968
Nst BookValue
At 31 March 2023	42,590	4,372	46,962
At 31 March 2022	49,049		49,049
	Fixtures,
	Fittings &	Motor
(Parent only)	Equipmentf	Vehiclesf	Totalf
Cost
At 1 Apdil 2022	45,831		45,831
Additions Dispcsals	3,718 ~29,996		3,718 ~26996
At 31 March 2023	22,553		22 553
Depreciation
At 1 April 2022	22,982		22,982
Charge forthe year Disposals	8,780 ~79744		8,780 ~79744
At 31 March 2023	12,018		12018
Nst Book Value
At 31 March 2023	10,535		10535
At 31 March 2022	22,849		22,849

13Investments (Grouponly)
				2023	2022
				R
Investment property Market value at 1 April 2022				538,000	350,000
Disposal
Revaluation				92,000	188,000
Market value at 31 March 2023				630,000	538,000
Historical cost at 31 March 2023				137 50D	137,50D
During 2023 a valuation of carried out by independent	the investment professional		property, 3 Hawksworth valuers. The market value	Street, St Ann's, Nottingham was ofthe property was indicated at
M30,000which has been	reflected	in the financial statements.

30,000which has been reflected in t (Grouponly)	he financial stat	ements.
			2023	2022
Investment in subsidiaries
Market value at 1 April 2022
Market value at 31 March 2023
Historical cost at 31 March 2023
(Parent only)			2023	2022
			6
Investment in subsidiaries
Market value at 1 April 2022			50,003	50,003
Provision against subsidiary			50 DD2	50,002
Market value at 31 March 2023
Historical cost at 31 March 2023
14Debtors
	Group 2023	Group 2022	Charity 2023	Charity 2022
	2	k	9
Trade debtors	106,445	92,829	112,245	20,491
Prepayments	13,163	7,854	5,289	3,700
Amounts owed from group undertaking Other debtors	14923	2,875	179,395 ~944	138,596 ~1246
	134,536	103,558	295,985	161541

Notes to the consolidated financial for the year ended 31 March 2023	Notes to the consolidated financial for the year ended 31 March 2023	Notes to the consolidated financial for the year ended 31 March 2023	Notes to the consolidated financial for the year ended 31 March 2023	Notes to the consolidated financial for the year ended 31 March 2023	state	ments
18Post-employment benefits continued
The amounts recognised		are as follows:					2023	2022
Present value offunded	obligations						731,000	1,181,000
Fair Value of plan assets							(677,000)	(662,000)
Net Liability							54,000	519,000
The amounts recognised		in profit or	loss are		as follows:		2023	2022
							6
Current service cost							25,000	33,000
Net interest expense							13,000	12,000
Total							38,000	45,000
The amounts recognised		in other comprehensive				income are as follows: 2023		2022
								6
Actuarial gains and losses							485,000	95,000
Changes in the present		value ofthe		defined	benefit obligation are as follows: 2023			2022
							E	6
At 1 April 2022							1,181,000	1,200,000
Current service cost							25,000	33,000
Interest expense							30,000	24,000
Change in demographic		assumptions					(51,000)
Experience loss I(gain)	on defined benefit obligation						32,000
Change in financial assumptions							(470,000)	(57,000)
Estimated benefits paid	net of transfers			in			(20,000)	(24,000)
Contributions by scheme		participants	and other		employers		4,000	5,000
As at 31 March 2023							731,000	1,181,000

						2023	2022
						E
As at 1 April 2022						662,000	612,000
Interest on assets						17,000	12,000
Return on assets less interest						(31,000)	38,000
Other actuarial	gains I(losses)					27,000
Contributions	by employer	including	unfunded			18,000	19,000
Contributions	by scheme participants					4,000	5,000
Estimated benefits paid plus unfunded				net oftransfers	in	(20,000)	(24,000)
As at 31 March 2023						677,000	662,000
The major categories of plan assets				as a percentage		oftotal plan assets are as	follows:
						2023	2022
						0/	'%%d
Equities						58	60
Gilts
Other bonds
Property						12	13
Cash
Inflation-linked	pooled fund
Infrastructure
Total						100	100
The fair values	of plan assets were			as follows:
						2023	2022
Equities						396,000	402,000
Gilts						14,000	19,000
Other bonds						40,000	45,000
Property						80,000	85,000
Cash						35,000	37,000
Inflation-linked	pooled fund					34,000	35,000
Infrastructure						53,000	39,000
						25,000
Total						677,000	662,000

ervice liabilities, estimated Post retirement mortality	to	be 26	years.
					31 March 2023	31 March	2022
Base table					S3PA		53PA
Multiplier (M/F)					115%/ 110%	110%/	105%
Future improvements model					CMI 2021	CMI	2018
Long-term rate of improvement					1.25% p.a.	1.25% p.a.
Smoothing parameter							8
Initial addition parameter					0.0% p.a	0.5% p.a.
2021 weight parameter							0%
Life expectancy from 65(years)					31 March 2023	31 March	2022
	Males				20.7		22.0
Retiring today	Females				23.5		24.5
	Males				22.0		23.4
Retiring in 20 years	Females				25.0		26.0
Financial assumptions			31 March 2023		31 March 2022	31 March	2021
				p.a.	p.a.		p.a.
Discount rate			4.80%		2.60%		2.00%
pension increases (Cpl)			2	90%	320%		2.80%
Salary increases			3.90%		4.20%		380%
Past service costs
Past service costs arise as	a	result of introduction		or withdrawal of, or changes to, member benefits.
For example, an award of additional discretionary benefits toa member such as added member would be considered a past service cost.We are not aware of any additional							years by a benefits which
were granted over the year	ending 31 March 2023.

19Net Movement in R	estricted Fun	ds
(Group only)					Other
Sport projects Community Activities Pocket Parks Nottingham together New Roots ABG	Opening Balancef 34,063 10,072	Incoming Resourcesf 18,380 129,355 94,134 157,347	Resources Expendedf (136) (133,128) (34,063) (10,072) (94,134) 157,347	Transferf (18,244) 3,773	Gains & Lossesf	Closing balancef
	44,135	399,216	428,880	14,471
(Parent only)					Other
Sport projects Community Activities Pocket Parks Nottingham together ABG HLG	Opening Balancef 34,063 10,072 82,635	Incoming Resourcesf 18,380 129,355 157,350	Resources Expended Z (136) (133,128) (34,063) (10,072) (157,350)	Transferf (18,244) 3,773	Gains & Lossesf	Closing balancef 82,635
	126,770	305,085	334,749	14,471		82,635

0 Net Ilovement in Unrestric	ted Funds
(Group only)	Opening Balance 8	Incoming Resources 6	Resources Expended	Transfer 8		Other Gains 8 Losses 6	Closing Balance 6
Unrestricted Funds
General Funds General Funds	(244,568)	687,743	(685,763)		42,035	485,000	284,447
Designated Funds Redundancy Provision	71,149				(1,714)		69,435
Sycamore Long Term Maintenance	25,850				25850
	147,569	687,743	685,763		14,471	485.000	383,882
(Parent only)	Opening balance 6	Incoming Resources 8	Resources expended 6	Transfer 8		Other Gains & Losses	Closing balance 6
Unrestricted Funds
General Funds General Funds	(224,300)	377,936	(403,803)		42,035	485,000	276,868
Designated Funds Redundancy Provision	71,149				(1,714)		69,435
Sycamore Long Term Maintenance	25850				25850
	127,301	377,936	403,803		14471	485000	346,303
21 Net Movement Revaluation (Group Only)	Reserve	Opening balance 6	Gains and (losses) 8			Deferred taxation 8	Closing balance 8
Investment Property		403 500 403,500	02,000 92000		~23000 ~23,000		472,500 422 300

for the year ended 31 March 202	3
22Analysis of Net Assets Between Funds
(Group Only)	General Fund 6	Designated Funds 6	Restricted Funds 6	Total 6
Tangible fixed assets	676,962			676,962
Net current assets / liabilities	291,485	69,435		360,920
Long term liabilities
Provisions and pensions	211,500			~244.500
Total	756,947	69,435		826,382
(Parent Only)	General Fund 6	Designated Funds	Restricted Funds 6	Total 6
Tangible fixed assets	10,536			10,536
Net current assets / liabilities	320,322	69,435	82,635	472,402
Long term liabilities Provisions and pensions	~54,000			~54000
Total	276,868	69,435	82,635	428,938

				2023	2022
Hungerhill Trading		Ltd		6	6
Income Administrative	expenses			210,262 ~186,668	230,980 ~185.014
Net operating	Profit	/ (Loss)		23,594	45,066
Interest payable					(1,100)
Revaluation of investment Taxation			property	92000 ~23.000	188000 ~47,000
Profit for year				92,594	184,966
The aggregate	ofthe assets, liabilities and funds was:
Assets				746,154	605,808
Liabilities Provisions for	liabilities and		charges	(195,777) ~157,500	(171,025) (134,500)
				392877	300283
Share capital				50,001	50,001
Revaluation reserve				630,000	403,500
Retained profit				(379,718)	(197,183)
Profit for the year				92,594	43,965
				392877	300283

3Subsidiary Companie	3Subsidiary Companie	s continued
Hungerhill Developments		Ltd	2023f	2022f
Income			223,470	144,695
Cost ofsales
Gross profit			223,470	144,695
Administrative	expenses		(218,217)	(144,769)
Net operating	profit		5,253	(74)
Dividend to charity
Taxation			998	74
Profit for year			4,255
The aggregate Assets Liabilities	ofthe assets, liabilities and funds was:		205,594 ~291,925	243,113 ~242,199
			4,569	314
Share capital			1
Retained profit			313
Profit for the year			4,255	313
			4,569	314

27 Donations and legac (Group only)	ies
		Unrestrictedf	Restrictedf	2022f	2021f
Donations
(Parent Only)		Unrestrictedf	Restrictedf	2022f	2021f
Transfer from Nottingham	Hostels
Liaison Group
28Charitable activities:	Operation	ofThe Renewal	Trust
(Group only)		Unrestrictedf	Restrictedf	2022f	2021f
Arts Council England
Nottingham City Council Other Grant Income		261,349 75,712 331,D61	200,266 140,820 341 DDD	461,615 216,532 678,147	503,057 251,020 754,077
(Parent only)		Unrestrictedf	Restrictedf	2022f	2021f
Arts Council England
Nottingham City Council Other Grant Income		261,349 173,485	200,266 140,820	461,615 314,305	503,057 251,020
		434,834	341,086	775,920	754,077

29Other trading activities	29Other trading activities
(Group only)		Unrestricted	Restrictedf	2022f	2021f
Rent DBSchecks Other earned income Grants		275,888 6,569 108,536 45,784	2,891 20876	275,888 6,569 111,427 66,660	224,769 1,921 5,912 115212
		436,777	23,767	460,544	348,314
(Parent Only)		Unrestricted	Restrictedf	2022	2021f
Rent DBSchecks Other earned income		57,655 6,569 35,029 33253	2 531 2891	57,655 6,569 37,920 102144	36,686 1,921 1,217 39824
30Investment income
(Group and Parent)		Unrestricted	Restrictedf	2022f	2021f
Bank interest		23		23	20
(Parent only)		Unrestrictedf	Restnctedf	2022f	2021f
Dividends received from subsidiary Bank interest		23 23		23 23	16,000 20 16,020
31 Raising funds (Group only)		Unrestricted	Restrictedf	2022f	2021f
Property management	and other
trading activities: Property management DBSChecks		193,533 4,275	7,702	201,235 4,275	148,640 1,744
		197,808	7,702	205 510	150,384
(Parent only)		Unrestrictedf	Restrictedf	2022f	2021f
Property management	and other
trading activities: Property management DBSChecks		81,538 4,275	1,084	82,622 4,275	66,264 1,744
		85,813	1,084	86,897	68,008

for the year ended 31 March 20	23
32 Charitable activities
(Group only) Unrestricted		Restricted	2022	2021
	8	K	E
Programmes and activities Other Community Funding Staff Costs Community Grants Admin costs Advertising &Publicity Governance Costs (note 8) Pension scheme interest	6,241 (3,313) 370,346 4,125 82,170 3,613 68,163 12,000	37,774 171,348 25,963 679 2,175	44,015 168,035 396,309 4,125 82,849 3,613 70,338 12,000	18,183 203,616 380,609 2,000 85,635 6,627 79,967 8,000
	543,345	237,939	781,284	784,637
(Parent only) Unrestricted		Restricted	2022	2021
	E	8	6	6
Programmes and activities	6,241	37,774	44,015	18,183
Other Community Funding	(3,313)	171,348	168,035	203,616
Staff Costs	225,680	14,178	239,858	236,256
Community Grants	4,125		4,125	2,000
Admin costs	60,459	381	60,840	62,240
Advertising &Publicity	3,613		3,613	6,627
Governance Costs (note 8)	52,976		52,976	45,972
Pension scheme interest	12,000		12,000	8,000
	361,781	223,681	585,462	582,894
33Net Movement in Funds (Prior Year)
				Other
(Group only) Opening Balance E	Incoming Resources 6	Resources Expended E	Transfer	Gains & Losses 6 Closing Balance E
Restricted Funds	364,853	(245,641)	(75,077)	44,	135
Unrestricted Funds
Revaluation Reserve General Funds 262,500 (412,963)	770,409	(737,701)	40,687	141,000 403,500 95,000 (244,568)
Designated Funds
Redundancy Provision Sycamore Long Term 36,759			34,390	71,149
Maintenance 25850 (87,854)	3,452 1,138,714	3,452 (986,794)		25,850 234,000 300,066

3Net Movement in Fund	s (Prior Year)	continued
					Other
(Parent only)	Opening Balance	Incoming Resourcesf	Resources Expended E	Transfer	Gains & Losses 8	Closing Balance E
Restricted Funds	84,585	343,977	(224,765)	(77,027)		126,770
Unrestricted Funds General Funds	(448,453)	530,658	(444,142)	42,637	95,000	(224,300)
Designated Funds Redundancy Provision	36,759			34,390		71,149
Sycamore Long Term Maintenance	25,850	3,452	3452			25,850
	301,259	878087	672,359		95,000	531