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2023-03-31-accounts


Board o	f	Trustees			Dominic McGonigal		(Chair)
					lan Armitage
					Jane Higgins
					Adrian McLean
					Anne Punter
					Anita Ralli
					David Rowsell
					Mark Twigg
					Linda Wilding (resigned 31st
					January 2023)
Company		Secretary			Tara Hill
Chief Executive					Hannah Stolton
Registered		Office			Sycamore House
					Sutton Quays	Business Park
					Sutton Weaver
					Runcorn
					England
					WA7 3EH
Company		Registration		number	3879854
Charity	Registration		number		1078330
Auditors					AGP Chartered	Accountants
					Sutton Quays	Business Park
					Sutton Weaver
					Runcol n
					WA7 3EH
Bankers					Lloyds Bank
					PO Box1000
					Andover
					BX11LT
Solicitor	s				Allen 8 Overy	LLP
					One Bishops Square
					London

			Note	Un-		Restricted	Total	Total
				Restricted		Funds	Funds	Funds
				Funds			2022/2023	2021/2022
Income
Income from Charitable
Activities:
Donations				703,240		118,062	821,302	628,453
Investment Income					414		414	46
Chargeable Services				145.731			145.731	124,806
Other					0		0	887
Total Income				S49,385		118,062	967,447	754,192
Expenditure
Expenditure on Charitable
Activities:
Raising funds
Recruiting k. Placement of				862,	165	111,379	973,544	839,734
School Governors
Chargeable Services				127,608			127.608	110,018
Total Expenditure				989,773		111,379	1,101,152	949,752
Net (Expenditure)	/ Income			(140,388)		6,683	(133,705)	(195,560)
for the Year Before
Transfers
Transfers between	Funds:
Net (Expenditure)	/ Income			(140,388)		6,683	(133,705)	(195,560)
for the Year
Other Recognised	Gains
and Losses
Net Movement in	Funds			140,388		6,603	~133,705	195,560
Reconciliation ofFunds
Balances brought	forward	at		474,027			474,027	669,587
I April 2022
Balances carried	forward			333,639		6,683	340,322	474,027
at 31March 2023

						TOTAL	TOTAL
					Note	2022/2023	2021/2022
Income
Other Restricted						118,062	26,524
Donations	Unrestricted					703,240	601,929
Other Unrestricted						]46,]45	125,739
				Total Income		967,447	754,192
Expenditure
Salaries						872,097	701,025
Other Operational		Charges				218,146	241,439
Depreciation						10,909	7,288
				Total		1,101,152	949,752
				Expenditure
Surplus ofexpenditure			over			(133,705)	(195,560)
income
Net Transfer to/from			Funds
Restricted	fund					6,683	(2,500)
Designated	Fixed	Asset	Fund			553	4,065
Designated	Reserve Fund
Unrestricted	Fund					(140,941)	(197,125)
						133,705	195,560

s at 31"March 2023
		Note		2022/2023	2021/2022
Fixed Assets
Tangible fixed assets				15,064	]4,5] I
Current Assets
Debtors k Prepayments		10	53.136		59,391
Cash at hank and in hand			374,843		472,397
			427,979		531,788
Liabilities
Creditors falling due within	one year		]02,721		72,272
Net Current Assets				325,258	459,516
Total Assets less Current	Liabilities
				340,322	474,027
Net Assets				340,322	474,027
Funds
Restricted Fund		12		6,683	0
Designated Fixed Asset Fund				15,064	14„51]
Designated Reserve Fund				215,000	215,000
Unrestricted Fund				103,575	244,516
				340,322	474,027

				2022/2023	2021/2022
Cash flows from operating	activities
Net income				(133,705)	(195,560)
Adj ustments for:
Depreciation and impairment	of	tangible fixed assets		11,591	7,288
Other interest receivable and similar income				(414)	(46)
Accrued (income)/expenses				27,527	(529)
Changes in:
Trade and other debtors				6,255	25,497
Trade and other creditors				2,923	871
Cash generated from operations				(85,823)	(162,479)
Interest received				414	46
Net cash (used in)/from operating		activities		(85,409)	(]62,433)
Cash flows from investing	activities
Purchase oftangible assets				(]2,145)	(11,353)
Net cash used in investing activities				(12,145)	( I ],353)
Net (decrease)/increase in	cash	and cash	equivalents	(97,554)	(173,786)
Cash and cash equivalents	at beginning		ofyear	472,397	646,183
Cash and cash equivalents	at end ofyear			374,843	472,397

5	Donations
				2022/2023	2021/2022
	80:20Charitable		Trust	687,312	515,024
	Allen kOvery			10,500	7,500
	Tenzing			50,000	50,000
	Amazon Smile			39	54
	Frances Jacob			48,000	48,000
	JustGiving			366	2]8
	Cardiff University				2,000
	GovernorHub			10,000	2,000
	Charities Aid Foundation				3,600
	IET			2,800
	Deloitte			1,575
	Hoddesdon			260
	Charities Trust			200
	National Lottery		Community	5,250
	CAST			5,000
	Giving Com	Ltd			57
				821,302	628,453
6	Investment	Income
				2022/2023	2021/2022
	Bank Interest			414	46
				414	46

Charitable Activities			2022/2023	2021/2022
Marketing			23,999	30,065
Business Development			1.720	11,558
Impact and Governor	Support		61,181	10,802
Website &Database			50,219	25,88]
Salaries &Expenses			788,584	624,642
Administration			2,786	24,497
Occupancy Costs			23,555	93,650
Depreciation			10,909	7,288
Office Equipment			1,278	522
Legal &Professional			4.033	5,699
			968,264	834,604
Governance Costs
Auditors' Remuneration		— Audit Fee	5,280	5.130
			5,280	5,130
Chargeable Services		Costs
Salaries &Expenses			108,948	93,648
Operational costs			18,660	16,370
			127,608	110,018

Salaries		Total	Total
		2022/2023	2021/2022
Salaries		775,034	625,728
Employer's	Pension	21,955	17,988
Employer's	NIC	75,108	57,309
		872,097	701,025

		2022/2023	2021/2022
		K'000	K'000
f70,000	- f79,999	0	0
K80,000	- %89,999	1	1

9	Fixed Assets
	Analysis ofFixed Assets
		Computers	Total	Total
		&Furniture	2022/2023	2021/2022
	Cost
	as at I April 2022	84,754	84,754	73,401
	Purchased in year	12,145	12,145	11,353
	Disposal ofequipment Cost as at 31"March 2023	(40,216) 56,683	(40,2]6) 56,683	0 84,754
	Depreciation
	as at 1 April 2022	70,243	70,243	62,955
	Charge for the year	10,909	10,909	7,288
	Depreciation on Disposal	(39,533)	(39,533)	0
	as at 31stMarch 2023	41,619	41,619	70,243
	Net Book Value
	as at 1 April 2022	14,511	14,511	10,446
	as at 31stMarch 2023	15,064	15,064	14,511

Assets
Debtors	4 Prepayments			Total	Total
				2022/2023	2021/2022
Rent Bond					15,000
Sundry Debtors				29,210	21,324
Prepayments				23,926	23.067
				53,136	59,391
Liabilities
Creditors	falling due	within	one year	Total	Total
				2022/2023	2021/2022
Creditors				4,990	6.324
Accruals	and Deferred	Income		9],425	63,898
Taxation				6,306	2,050
				102,721	72 272

ith the b	alance treated a	s deferred income.
			Total	Total
			2022/2023	2021/2022
Deferred	income brought	forward	54,389	57.583
Released	fi.om the prior	year	(54,389)	(57,583)
Deferred	in the current year		85,633	54,389
Deferred	income carried	forv ard	85,633	54,389

			Balance	Incoming	Expenditure,	Expenditure,	Total
			2021/2022		Gains, Losses		2022/2023
					4	Transfer
Allen k	Overy			10.500		7,999	2,50]
80:20Charitable		Trust		87,312		87,312
CAST (Deloitte		Digital)		5,000		5,000
National	Lottery			5,250		1,068	4,182
GovernorHub				10.000		10,000
				118,062		111,379	6,683

	Unrestricted	Restricted	Total
	Funds		2022/2023
Tangible Fixed Assets	15,064		15,064
Current Assets	421,296	6,683	427,979
Liabilities	(102,721)		(102,721)
	333,639	6,683	340,322
	Unrestricted	Restricted	Total
	Funds		2021/2022
Tangible Fixed Assets	14,511		14,511
Current Assets	53],788		531,788
Liabilities	(72,272)		(72,272)
	474,027		474,027

The total future	The total future	minimum	lease payments	under	non-cancellable	operating	leases are as follows:
					Total		Total
					2022/2023		2021/2022
Not later	than	1 year				0	18,000
Later than	1 year and not		later than 5 years			0	0
						0	18,000