2022-12-31-accounts

CONTENTS	PAGE
Trustees and administrative details for the year ended 31 December 2022
Trustees report for the year ended 31 December 2022	2-6
Independent examiners' report to the Trustees
Statement offinancial activities for the year ended 31 December 2022
Balance sheet as at 31 December 2022
Cashflow statement for the year ended 31 December 2022	10
Notes to the financial statements for the year ended 31 December 2022	11 —20

				Year	ended 31 December 2022	ended 31 December 2022	Year	ended 31 December 2021	ended 31 December 2021
				Unrestricted	Restricted		Unrestricted	Restricted
				funds f	funds 8	Total 6	funds 8	funds f	Total 8
Income and endowments			from:
Donations, gifts &legacies			3	399,812	355,388	755,200	236,280	257,950	494,230
Investments				28,967		28,967	21,562		21,562
Other Income				1,156		1,156	1,234		1,234
Total Income and endowments				429,935	355,388	785,323	259,076	257,950	517,026
Expenditure on:
Charitable activities				445,697	369,585	815,282	518,853	211,174	730,027
Net expenditure / (income)
before other recognised		gains		(15,762)	(14,197)	(29,959)	(259,777)	46,776	(213,001)
Other recognised	(losses)/gains:
Net (losses)/gains	on		9
investments				(194,799)		(194,799)	112,936		112,936
Net movement on	funds			(210,561)	(14,197)	(224,758)	(146,841)	46,776	(100,065)
Reconciliation of	funds
Total funds brought	forward			2,364,085	196,564	2,560,649	2,510,926	149,788	2,660,714
Total funds carried
forward			14	2,153,524	182,367	2,335,891	2,364,085	196,564	2,560,649

					31December	31 December
				Note	2022	2021
Fixed assets
Tangible assets					1,083,611	1,115,792
Investment	—securities				1,030,676	1,305,218
					2,114,287	2,421,010
Current assets
Debtors				10	56,820	29,799
Cash at bank and		in hand		11	175,484	131,661
					232,304	161,460
Current liabilities
Creditors: amounts			falling due within one year	12	(10,700)	(21,821)
Net current	assets				221,604	139,639
Net assets					2,335,891	2,560,649
The funds	ofthe	Charity
Unrestricted	funds				1,939,024	1,620,086
Designated	funds					523,499
Revaluation	reserve				214,500	220,500
Unrestricted	funds			14b	2,153,524	2,364,085
Restricted	funds			14c	182,367	196,564
Total Charity funds			at 31December 2022	14	2,335,891	2,560,649

					31 December	31 December
				Note	2022	2021
Cashflows from operating activities
Net expenditure for the year					(224,758)	(100,065)
Depreciation					37,361	37,412
Losses/(gains) on investments					194,799	(112,936)
(Increase)/decrease in debtors					(27,021)	862
(Decrease)/increase in creditors					(11,121)	6,694
Net cash used from operating	activities				(30,740)	(168,033)
Cashflowe from investing activities
Purchase oftangible fixed assets					(5,180)	(15,000)
Purchase of investments					(1,136,592)	(383,009)
Proceeds on sale ofinvestments					1,216,335	478,630
Net cash generated in investing		activities			74,563	80,621
Increase/(decrease) in cash and		cash equivalents
in the year					43,823	(87,412)
Cash and cash equivalents at the		beginning	ofthe year		131,661	219,073
Cash and cash equivalents at the end of			the year		175,484	131,661

		Year ended	Year ended
		31 December	31 December
		2022	2021
Grants, donations	and gifts	649,968	408,744
Legacies		14,035	18,528
Gifts in kind		91,197	66,958
		755,200	494,230

NVESTME	NT INCOME
		Yearended	Yearended
		31 December	31 December
		2022f	2021f
Dividends	received	28,671	21,546
Interest receivable		296	16
		28,967	21,562

(a) Resources expended	in 2022
		Unrestricted	Restrtcted
		Fundsf	fundsf	Totalf
Charitable activities
Family Basics		180,358	63,051	243,409
Smart Start (school uniform)		55,629	164,450	220,079
Christmas Appeal			101,441	101,441
Books for Ever		42,407	25,913	68,320
Other activities		1,629	14,730	16,359
Fund raising		165,674		165,674
Total resources expended	2022	445,697	369,585	815,282
(b) Resources expended	in 2021
		Unrestricted	Restricted
		Funds F	fundsf	Totalf
Charitable activities
Family Basics		204,517	26,986	231,503
Smart Start (school uniform)		148,368	66,729	215,097
Christmas Appeal			103,866	103,866
Books for Ever		49,301	12,575	61,876
Other activities		9,726	1,018	10,744
Fund raising		109,941		106,941
Total resources expended	2021	518,853	211,174	730,027
(c) Resources expended	by type in 2022

c) Resour	ces ex	pended by	type in 202	2
			Smart Start
		Family	(school	Christmas	Books for	Other	Fund
		Basics f	uniform) f	Appealf	Everf	Activitiesf	Raisingf	Totalf
Staff costs		112,603	39,056	20,434	17,049	9,804	127,916	326,862
Establishment	costs	25,315	8,371	14,156	14,157		2,788	64,787
Administration	costs	11,787	11,787	11,787	5,785		32,771	73,917
Project costs		78,321	154,272	48,471	24,736	6,555		312,355
Depreciation		15,383	6,593	6,593	6,593		2,199	37,361
Total resources
expended in	2022	243,409	220,079	101,441	68,320	16,359	165,674	815,282

d) Resour	ces exp	ended by t	ype in 2021
			Smart Start
		Family	(school	Christmas	Books for	Other	Fund
		Basics f	uniform) f	Appeal f	Ever	Activitiesf	Raising	Totalf
Staff costs		121,002	39,221	18,551	18,551	9,351	83,738	290,414
Establishment	costs	23,006	7,987	12,359	12,359		2,661	58,372
Administration	costs	11,491	11,491	11,491	10,574		18,341	63,388
Project costs		60,599	149,796	54,863	13,790	1,393		280,441
Depreciation		15,405	6,602	6,602	6,602		2,201	37,412
Total resources
expended in	2021	231,503	215,097	103,866	61,876	10,744	106,941	730,027

ANGIBLE FIXEDASSETS
	Freehold		Furniture &
	property	Van	equipment	Total
		F	8	6
At 1 January 2022	1,500,501	15,000	35,016	1,550,517
Additions			5,180	5,180
At 31 December 2022	1,500,501	15,000	40,196	1,555,697
Depreciation
At 1 January 2022	397,289	5,000	32,436	434,725
Charge	30,010	5,000	2,351	37,361
At 31 December 2022	427,299	10,000	34,787	472,086
Net book value
At 31 December 2022	1,073,202	5,000	5,409	1,083,611
Net book value
At 31 December 2021	1,103,212	10,000	2,580	1,115,792

			31December	31 December
			2022	2021
Historical cost			1,200,501	1,200,501
Accumulated	depreciated	based on cost	(341,739)	(317,739)
			858,762	882,762

isted Investments
		31December	31 December
		2022 f	2021
Market value
At 1 January 2022		1,305,218	1,287,903
Additions		1,136,592	383,009
Sale proceeds		(1,216,335)	(478,630)
Realised and unrealised	(loss)/profits	(194,799)	112,936
Market Value at 31 December 2022		1,030,676	1,305,218

EBTORS
			31December	31December
			2022	2021
			6	F
Amounts	falling due within one year
Income tax		recoverable	6,347	3,887
Accrued income			27,124	5,284
Investment		income	7,786	1,958
Prepayments			15,563	18,670
			56,820	29,799

NAL	YS	IS OF	CA	SH	AND CASH EQUIVALENT	S
						31	December	31	December
							2022		2021
									F
Cash	in	hand	and	at	bank		175,484		131,661
							175,484		131,661

				31December	31December
				2022	2021
				6	6
	Other creditors			124	10,234
	Accruals			10,576	11,587
				10,700	21,821
13.	FINANCIAL INSTRUMENTS
				31December	31 December
				2022	2021
				6	6
	Financial assets
	Financial assets measured	at fair value through	income and
	expenditure			1,030,676	1,305,218

a) General
Total reserves are represented	by the following:
	31 December	2022		31 December	2021
	6			6
Freehold building 8other
fixed assets		1,083,611			1,115,792
Investments		1,030,676			1,305,218
Net current assets:
Unrestricted	39,237			(580,424)
Designated				523,499
Restricted	182,367			196,564
			221,604			139,639
		2,335,891			2,560,649

(b) Unrestricted	funds 2022
		Unrestricted	Designated		Revaluation
		funds	funds		reserve	Total
				8
At 1 January 2022		1,620,086	523,499		220,500	2,364,085
Net movement offunds during
the year		(210,561)				(210,561)
Depreciation on revalued
portion of land and	building	6,000			(6,000)
Transfer		523,499	(523,499)
At 31 December 2022		1,939,024			214,500	2,153,524
Unrestricted funds	2021
		Unrestricted	Designated		Revaluation
		fundsf	funds		reserve	Total F
At 1 January 2021		1,760,927	523,499		226,500	2,510,926
Net movement offunds during
the year		(146,841)				(146,841)
Depreciation on revalued
portion of land and	building	6,000			(6,000)
At 31 December 2021		1,620,086	523,499		220,500	2,364,085
(c) Restricted funds 2022
These are restricted	funds to be	used exclusively for	expenses relating	to	the areas below:
		31 December	Movement in resources			31 December
		2021	Income		Expenditure	2022
			6		6
Christmas Appeal		196,564	87,244		(101,441)	182,367
Smart Start (school	uniform)		164,450		(164,450)
Family Basics			63,051		(63,051)
Books for Ever			25,913		(25,913)
Others			14,730		(14,730)
		196,564	355,388		(369,585)	182,367