| Statem | ent of | Financial A | ctiv | it | ies (Income and Expenditur | e account) for t |
he year ende |
|---|---|---|---|---|---|---|---|
| Restricted | |||||||
| Income | |||||||
| Fund | Total | ||||||
| funds | |||||||
| Notes | 2022 | 2021f | |||||
| Income: | |||||||
| Income | from donations | - | grant from NOCC | 7,372,089 | |||
| Income | from charitable | activities - rents receivable | 150,702 | 138,439 | |||
| Income | from Investment | - bank interest receivable | 71 | 69 | |||
| Total income | 150,773 | 7,510,597 | |||||
| Expenditure: | |||||||
| Expenditure on charitable |
activities | 464,768 | 302,170 | ||||
| Governance costs | 7,026 | 6,909 | |||||
| Total expenditure | 471,794 | 309,079 | |||||
| Net income | (expenditure) | (321,021) | 7,201,518 | ||||
| Reconciliation | offunds: | ||||||
| Total funds brought | forward | 15,932,629 | 8,731,111 | ||||
| Total funds | carried | forward | 15,611,608 | 15,932,629 |
| Statement of Fin | ancial Positio | n as at 3 | 1July 2022 | |||
|---|---|---|---|---|---|---|
| Notes | 2022 | 2021 | ||||
| Fixed assets | ||||||
| Tangible assets | 15,595,820 | 15,620,727 | ||||
| Current assets | ||||||
| Debtors | 27,437 | 169,327 | ||||
| Cash at bank and | in hand | 140,965 | 640,411 | |||
| 168,402 | 809,738 | |||||
| Liabilities | ||||||
| Creditors: amounts | falling due | |||||
| within one year | 9 | (152,614) | (497,836) | |||
| Net current assets | 15,788 | 311,902 | ||||
| Net assets | 15,611,608 | 15,932,629 | ||||
| The funds ofthe | charity | |||||
| Restricted Income | Funds | 10 | 15,611,608 | 15,932,629 | ||
| Total charity funds | 15,611,608 | 15,932,629 |
| 2022f | 2021f | |||||
|---|---|---|---|---|---|---|
| Operating activities |
||||||
| Net income (expenditure) | for the year | (321,021) | 7201 518 | |||
| Adjustments for: |
||||||
| Depreciation | 300,985 | 169,308 | ||||
| (Increase) / decrease in |
debtors | 141,890 | 110,818 | |||
| Increase / (decrease) in |
creditors | (345,222) | (276,248) | |||
| (223,368) | 7,205,396 | |||||
| Cash generated by/(used |
in) operating | activities | (223,368) | 7,205,396 | ||
| Investing activities |
||||||
| Payments to acquire tangible fixed assets |
(276,078) | (6,897,532) | ||||
| Cash used in investing | activities | (276,078) | (6,897,532) | |||
| Net cash used | ||||||
| Cash generated by/(used |
in) operating | activities | (223,368) | 7,205,396 | ||
| Cash used in investing activities |
(276,078) | (6,897,532) | ||||
| Net cash used | (499,446) | 307,864 | ||||
| Cash and cash equivalents | at 1 August | 640,411 | 332,547 | |||
| Cash and cash equivalents | at 31 July | 140,965 | 640,411 | |||
| Cash and cash equivalents | comprise: | |||||
| Cash at bank | 140,965 | 640,111 | ||||
| 140,965 | 640,411 |
| Expenditure Charitable activities: |
Expenditure Charitable activities: |
2022f | 2021 E |
|---|---|---|---|
| Lease payments | 144,632 | 130,464 | |
| Botnar 3opening | 8 portrait donation | 18,019 | |
| Bank charges | 80 | 33 | |
| Insurance | 1,052 | 2,365 | |
| Depreciation | 300,985 | 169,308 | |
| 464,768 | 302,170 | ||
| Governance costs: |
|||
| Auditor's remuneration |
4,530 | 4,850 | |
| Accountancy fees |
2,496 | 2,046 | |
| Other legal and professional | 13 | ||
| 7,026 | 6,909 |
| 7 | Tangible fixed asse | ts | |||
|---|---|---|---|---|---|
| Land and | Asset under | ||||
| buildings | construction | Total | |||
| At cost | At cost | ||||
| Cost or valuation | |||||
| At 1 August 2021 | 9,166,158 | 8,753,179 | 17,919,337 | ||
| Additions | 276,078 | 276,078 | |||
| Transfer | 9,029,257 | 9,029,257 | |||
| At 31 July 2022 | 18,195,415 | 18,195,415 | |||
| Depreciation At 1 August 2021 |
2,298,610 | 2,298,610 | |||
| Charge for the year | 300,985 | 300,985 | |||
| At 31 July 2022 | 2,599,595 | 2,599,595 | |||
| Carrying amount |
|||||
| At 31 July 2022 | 15,595,820 | 15,595,820 | |||
| At 31 July 2021 | 6,867,548 | 8,753,179 | 15,620,727 | ||
| 8 | Debtors | 2022 E |
2021f | ||
| Other debtors | 27,437 | 169,327 | |||
| 9 | Creditors: amounts | falling due within one | 2022 | 2021 | |
| year | |||||
| Trade creditors | 116,686 | 401,696 | |||
| Accruals and deferred | income | 35,928 | 96,140 | ||
| 152,614 | 497,836 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 10 | Restricted income funds | |||
| At 1 August | 15,932,629 | 8,731,111 | ||
| Net income (expenditure) | for the year | (321,021) | 7,201,518 | |
| At 31 July | 15,611,608 | 15,932,629 |
| acco | unts w | as 87,791,228. The balance falls due as |
follows: | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | ||||
| Due | within | one year | 36,064 | 213,133 |
| Due | within | 2 and 5years | 36,064 |
| for the year ended | 31July 2022 | ||
|---|---|---|---|
| 2022f | 2021f | ||
| Income | |||
| Grants from NOCC | 7,372,089 | ||
| Rents receivable | 150,702 | 138,439 | |
| Interest receivable | 71 | 69 | |
| 150,773 | 7,510,597 | ||
| Expenditure | |||
| Charitable activities |
|||
| Premises costs: Rent Opening Donation |
144,632 1,669 16,350 |
130,464 | |
| 162,651 | 130,464 | ||
| General administrative | expenses: | ||
| Bank charges | 80 | 33 | |
| Insurance | 1,052 | 2,365 | |
| Depreciation | 300,985 | 169,308 | |
| 302,117 | 171,706 | ||
| Total | 464,768 | 302,170 | |
| Governance costs | |||
| Legal and professional | costs: | ||
| Accountancy fees | 2,496 | 2,046 | |
| Auditors remuneration |
4,530 | 4,850 | |
| Solicitors fees | |||
| Other legal and professional | 13 | ||
| 7,026 | 6,909 | ||
| 471,794 | 309,079 |