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|||||||||
|---|---|---|---|---|---|---|---|
|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|||
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||||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|||||||||
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|||||||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|
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|||||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|
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|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|
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|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|
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|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|
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||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|
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|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|
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