| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 to | 5 | |
| Independent Examiner's |
Report | ||
| Statement of Financial | Activities | ||
| Statement ofFinancial | Position | 8 to | 9 |
| Notes tothe Financial Statements | 10 to | 20 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | f | E | f | 6 | ||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
2 | 161,198 | 12,530 | 173,728 | 182,833 | |
| Charitable activities |
||||||
| Awakened Heart Sangha |
5,194 | 5,194 | ||||
| Investment income |
40 | 40 | 40 | |||
| Otherincome | 15,531 | 15,531 | 2,107 | |||
| Total | 181,963 | 12,530 | 194,493 | 184,980 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Awakened Heart Sangha |
183,155 | 23,979 | 207,134 | 163,352 | ||
| NET INCOME/(EXPENDITURE) | (1,192) | (11,449) | (12,641) | 21,628 | ||
| Transfers between funds |
14 | 28,824 | (28,824) | |||
| Net movement in funds |
27,632 | (40,273) | (12,641) | 21,628 | ||
| RECONCIUATION OF FUNDS |
||||||
| Total funds brought forward | 424,143 | 64,016 | 488,159 | 466,531 | ||
| TOTAL FUNDS CARRIED FORWARD | 451,775 | 23,743 | 475,518 | 488,159 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | E | E | f | E | ||
| FIXEDASSETS | ||||||
| Tangible assets | 11 | 280,771 | 280,771 | 264,733 | ||
| CURRENT ASSETS | ||||||
| Debtors | 12 | 25,343 | 25,343 | 18,702 | ||
| Cash at bank and | in hand | 159,923 | 23,743 | 183,666 | 211,587 | |
| 185,266 | 23,743 | 209,009 | 230,289 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
13 | (14,262) | (14,262) | (6,863) | ||
| NET CURRENT ASSETS | 171,004 | 23,743 | 194,747 | 223,426 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 451,775 | 23,743 | 475,518 | 488,159 | ||
| NET ASSETS | 451,775 | 23,743 | 475,518 | 488,159 | ||
| FUNDS | 14 | |||||
| Unrestricted funds |
451,775 | 424,143 | ||||
| Restricted funds |
23,743 | 64,016 | ||||
| TOTAL FUNDS | 475,518 | 488,159 |
| DONATIONS | AND LEGACIES | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| E | E | E | E | ||
| General donations | 75,685 | 12,530 | 88,215 | 98,539 | |
| Grants | 8,806 | ||||
| Membership | subscriptions | 85,513 | 85,513 | 75,488 | |
| 161,198 | 12,530 | 173,728 | 182,833 |
| 2022 | 2021 | ||
|---|---|---|---|
| f | E | ||
| Other | grants | 8,806 |
| FOR THE YEAR | FOR THE YEAR | ENDED 30APR | IL 2022 | |||
|---|---|---|---|---|---|---|
| 3. | INVESTMENT INCOME | |||||
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| E | E | E | E | |||
| Deposit account interest | 40 | 40 | 40 | |||
| 4. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | |||||
| Awakened | ||||||
| Heart | Total | |||||
| Sangha | activities | |||||
| E | 6 | |||||
| Book sale | 5,194 | |||||
| 5. | CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | |||||
| Costs (see | costs (see | |||||
| note 6) | note 7) | Totals | ||||
| E | 6 | E | ||||
| Awakened | Heart Sangha | 101,770 | 105,364 | 207,134 | ||
| 6. | DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | |||||
| f | 6 | |||||
| Staff costs | 75,915 | 55,212 | ||||
| Event expenses | 2,590 | 2,795 | ||||
| Teachers stipend | 16,500 | 7,000 | ||||
| Web-site costs | 6,765 | 28,648 | ||||
| 101,770 | 93,655 |
| Premises | Administrative | ||||
|---|---|---|---|---|---|
| expenses | Finance | overheads | |||
| f | f | f | |||
| Awakened | Heart Sangha | 64,771 | 15,820 | 22,390 | |
| Other | Governance | ||||
| costs | costs | Tote Is | |||
| f | f | f | |||
| Awakened | Heart Sangha | 1,170 | 1,213 | 105,364 | |
| Support costs, included | in the above, are as follows: | ||||
| Premises expenses | |||||
| 2022 | 2021 | ||||
| Awakened | |||||
| Heart | Total | ||||
| Sangha | activities | ||||
| f | f | ||||
| Rates and water | 9,678 | 1,940 | |||
| Insurance | 1,784 | 1,457 | |||
| Light and heat | 6,703 | 8,888 | |||
| Housekeeping | 16,448 | 9,390 | |||
| Premises repairs and renewals | 30,158 | 20,681 | |||
| 64,771 | 42,356 | ||||
| Finance | |||||
| 2022 | 2021 | ||||
| Awakened | |||||
| Heart | Total | ||||
| Sangha | activities | ||||
| f | f | ||||
| Bank charges | 2,136 | 1,977 | |||
| Depreciation | oftangible | fixed assets | 13,684 | 13,672 | |
| 15,820 | 15,649 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Awakened | |||||
| Heart | Total | ||||
| Sangha | activities | ||||
| E | E | ||||
| Telephone | 1,159 | 1,504 | |||
| Postage and | stationery | 1,521 | 1,722 | ||
| Equipment | costs | 1,256 | 512 | ||
| Sundries | 17,162 | 5,676 | |||
| Travel | 74 | 6 | |||
| Accounting | service | 1,218 | 1,015 | ||
| 22,390 | 10,435 | ||||
| Other costs | |||||
| 2022 | 2021 | ||||
| Awakened | |||||
| Heart | Total | ||||
| Sangha | activities | ||||
| E | E | ||||
| Advertising | 1,170 | 10 | |||
| Governance | costs | ||||
| 2022 | 2021 | ||||
| Awakened | |||||
| Heart | Tota I | ||||
| Sangha | activities | ||||
| f | E | ||||
| Independent | Examiner's | fees | 1,213 | 1,247 | |
| &. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 2022 | 2021 | ||||
| 6 | E | ||||
| Independent | Examiner's | fees | 1,213 | 1,247 | |
| Depreciation | —owned assets | 13,684 | 13,671 |
| STAFF COSTS | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| f | E | ||||||||
| Wages and salaries | 75,048 | 54,597 | |||||||
| Other pension costs | 867 | 615 | |||||||
| 75,915 | 55,212 | ||||||||
| The average monthly |
number of | employees | during the | year | was as follows: | ||||
| 2022 | 2021 | ||||||||
| Full time orfull-time | equivalents | 5 | 3 | ||||||
| No employees received emoluments |
in excess of660,000. | ||||||||
| Key management | remuneration | for | the year | amounted | tof19,200 (2021612,800). | ||||
| TANGIBLE FIXED ASSETS | |||||||||
| Fixtures | |||||||||
| Land and | and | Office | |||||||
| buildings E |
fittings f |
equipment f |
Totals | ||||||
| COST | |||||||||
| At 1 May 2021 | 382,743 | 29,367 | 10,105 | 422,215 | |||||
| Additions | 28,824 | 898 | 29,722 | ||||||
| At 30April 2022 | 411,567 | 29,367 | 11,003 | 451,937 | |||||
| DEPRECIATION | |||||||||
| At 1May 2021 | 118,486 | 29,367 | 9,629 | 157,482 | |||||
| Charge for year | 13,417 | 267 | 13,684 | ||||||
| At 30Apri! 2022 | 131,903 | 29,367 | 9,896 | 171,166 | |||||
| NET BOOK VALUE | |||||||||
| At 30April 2022 | 279,664 | 1,107 | 280,771 | ||||||
| At 30April 2021 | 264,257 | 476 | 264,733 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| f | E | |||||||
| Trade debtors | 19,341 | 15,940 | ||||||
| Prepayments and accrued income |
6,002 | 2,762 | ||||||
| 25,343 | 18,702 | |||||||
| 13. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | |||||||
| f | E | |||||||
| Trade creditors | 10,608 | 2,152 | ||||||
| Social security and other | taxes | 74 | 232 | |||||
| Other creditors | 124 | 102 | ||||||
| Accruals and deferred | income | 3,456 | 4,377 | |||||
| 14,262 | 6,863 | |||||||
| 14. | MOVEMENT IN FUNDS |
|||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| Ai 1/5/21 | in funds | funds | 30/4/22 | |||||
| E | E | f | f | |||||
| Unrestricted funds |
||||||||
| Unrestricted revenue |
funds | 1,697 | (1,697) | |||||
| Designated reserve fund |
163,474 | 10,000 | 1,697 | 175,171 | ||||
| Designated fixed asset |
fund | 260,669 | (12,889) | 28,824 | 276,604 | |||
| 424,143 | (1,192) | 28,824 | 451,775 | |||||
| Restricted funds | ||||||||
| Misc restricted fund |
64,016 | (11,449) | (28,824) | 23,743 | ||||
| TOTAL FUNDS | 488,159 | (12,641) | 475,518 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| E | E | E | ||||
| Unrestricted | funds | |||||
| Unrestricted | revenue | funds | 171,963 | (170,266) | 1,697 | |
| Designated | reserve fund | 10,000 | 10,000 | |||
| Designated | fixed asset | fund | (12,889) | (12,889) | ||
| 181,963 | (183,155) | (1,192) | ||||
| Restricted | funds | |||||
| Misc restricted fund |
12,530 | (23,979) | (11,449) | |||
| TOTAL FUNDS | 194,493 | (207,134) | (12,641) |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1/5/20 | in funds | funds | 30/4/21 | ||||
| E | E | E | |||||
| Unrestricted | funds | ||||||
| Unrestricted | revenue | funds | 38,154 | (38,154) | |||
| Designated | reserve fund | 126,172 | (852) | 38,154 | 163,474 | ||
| Designated | fixed asset fund | 273,044 | (12,375) | 260,669 | |||
| 399,216 | 24,927 | 424,143 | |||||
| Restricted | funds | ||||||
| Misc restricted fund |
67,315 | (3,299) | 64,016 | ||||
| TOTAL FUNDS | 466,531 | 21,628 | 488,159 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| E | E | E | |||
| Unrestricted | funds | ||||
| Unrestricted | revenue | funds | 153,128 | (114,974) | 38,154 |
| Designated | reserve fund | 15,644 | (16,496) | (852) | |
| Designated | fixed asset fund | (12,375) | (12,375) | ||
| 168,772 | (143,845) | 24,927 | |||
| Restricted funds | |||||
| Misc restricted fund |
16,208 | (19,507) | (3,299) | ||
| TOTAL FUNDS | 184,980 | (163,352) | 21,628 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1/5/20 | in funds | funds | 30/4/22 | |||
| f | f | f | f | |||
| Unrestricted | funds | |||||
| Unrestricted | revenue | funds | 39,851 | (39,851) | ||
| Designated | reserve fund | 126,172 | 9,148 | 39,851 | 175,171 | |
| Designated | fixed asset | fund | 273,044 | (25,264) | 28,824 | 276,604 |
| 399,216 | 23,735 | 28,824 | 451,775 | |||
| Restricted funds | ||||||
| Misc restricted fund |
67,315 | (14,748) | (28,824) | 23,743 | ||
| TOTAL FUNDS | 466,531 | 8,987 | 475,518 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| f | E | ||||
| Unrestricted | funds | ||||
| Unrestricted | revenue | funds | 325,091 | (285,240) | 39,851 |
| Designated | reserve fund | 25,644 | (16,496) | 9,148 | |
| Designated | fixed asset fund | (25,264) | (25,264) | ||
| 350,735 | (327,000) | 23,735 | |||
| Restricted funds | |||||
| Misc restricted fund |
28,738 | (43,486) | (14,748) | ||
| TOTAL FUNDS | 379,473 | (370,486) | 8,987 |