2023-07-31-accounts - Parchment Trust

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Reference and Administrative	Reference and Administrative
		2 to 6
Trustees' Report
Statement of Trustees'	Responsibilities
		sto 11
Independent Auditors'	Report
		12to 13
Statement of Financial	Activities
		14
Balance Sheet
Statement of Cash Flows
		16to 32
Notes to the Financial	Statements

			Parchment Trust	Parchment Trust	Parchment Trust	Parchment Trust	Parchment Trust
			Reference and Administrative					Details
Trustees				JA Hassell
				D M Walker
				KTWalker
				AD Phillips
				SParsons
				RD White
Secretary				JA Hassell
Charity Registration		Number		1081148
Company	Registration		Number	3920430
				The charity is incorporated			in	England	and Wales.
Registered	Office			Ore Place Farm The Ridge
				Hastings
				East Sussex
				TN34 2RA
Principal	Office			Ore Place Farm The Ridge
				Hastings
				East Sussex
				TN34 2RA
Auditor				Manningtons
				Statutory Audttor
				39High Street
				Battle
				East Sussex
				TN33 OEE
Solicitors:				Heringtons 37-39Gildredge	Road
				Eastbourne
				BN21 4RX
Bankers				National Westminster Havelock Road		Bank		pic
				Hastings
				East Sussex
				TN34 1 BE

		and Lo	sses)
			Unrestricted	Restricted	Total
			funds	funds	2023
		Note
income and Endowments	from:
Donations aud legacies			13,729	1,238	14,967
Charitable activities			3,023,225		3,023,225
Investment income			5,136		5,136
Total income			3,042,090	1,238	3,043,328
Expenditure on: Charitable activities			(2,859,005)	(13,480)	(2,872,485)
Total expenditure			(2,859,005)	(13,480)	(2,872,485)
Net income/(expenditure)			183,085	(12,242)	170,843
Transfers between funds			(52)	52
Net movement in funds			183,033	(12,190)	170,843
Reconciliation of funds
Total funds brought forward			1,280,661	497,362	1,778,023
Total funds carried forward		20	1,463,694	485,172	1,948,866

ncung		and Loss	es)
					Total
			Unrestricted	Restricted	2022
		Note
lacome and Endowments Donations and legacies Charitable activities Other trading activities Investment income	from:		10,016 2,417,880 4,200 804	25,306	35,322 2,417,880 4,200 804
Total income			2,432,900	25,306	2,458,206
Expenditure on: Raising funds Charitable activities		7	(674) (2,339,822)	(34,670)	(674) (2,374,492)
Total expenditure			(2,340,496')	(34,670)	(2,375,166)
Net income/(expenditure) Transfers between funds			92,404 (1,386)	(9,364) 1,386	83,040
Net movement in funds			91,018	(7,978)	83,040
Reconciliation offunds
Total funds brought forward			1,189,643	505,340	1,694,983
Total funds carried forward		20	1 280661	497,362	1,778,023

				2023	2022
			Note
Fixed assets Tangible assets			13	1,512,232	1,246,994
Current assets Debtors Cash at bank and in hand			14	315,161 487,725	234,544 529,241
				802,886	763,785
Creditors: Amounts falling due within		one year	15	~552.3363	(99,991)
				650,550	663,794
Net current assets
Total assets less current liabilities				2,162,782	1,910,788
Creditors: Amounts	falling due after	more than one year	16	(213,916)	(132,765)
				1,948,866	1 778 023
Net assets
Funds of the charity:
Restricted income funds Restricted funds			20	485,172	497,362
Unrestricted income Unrestricted funds	funds			1,463,694	1,280,661
			20	1,948,866	1,778,023

Statement ofCash Flows for the	Year	Ended 3	1July 2023
			2023	2022
		Note	K
Cash flows from operating activities
Net cash income			170,843	83,040
Adjustments to cash flows from non-cash items Depreciation Investment income			128,217 (5,136)	98,583 (804)
Profit/ (Loss) on disposal offixed assets held for the charity's	own		4,628	(3,027)
use
			298,552	177,792
Working capital adjustments Increase in debtors Decrease in creditors Increase in deferred income		14 15 16	(80,617) (12,073) 143	(5,935) (18,661)
Net cash flows from operating activities			206,005	153,196
Cash flows from investing activities Interest receivable and similar income Purchase oftangible fixed assets Sale of tangible fixed assets		6 13	5,136 (403,478) 5,395	804 (157,112) 12,202
Net cash flows from investing activities			(392,947	(144,106)
Cash flows from financing activities Repayment ofloans and borrowings Repayment ofcapital element offinance leases and HP contracts		15 17	(8,290) 153,716	(7,770) (2,150)
Net cash flows from financing activities			145,426	9,920
Net decrease in cash and cash equivalents			(41,516)	(830)
Cash and cash equivalents at I August			529,241	530,071
Cash and cash equivalents at 31 luly			487,725	529,241

3 Income fro	m donations and leg	acies
		Unrestricted funds General	Restricted funds	Total 2023	Total 2022
Donations and legacies; Donations from individuals		13,729	1,238	14,967	13,715
Grants, including capital grants;					257
Government	grants				21,350
Grants from	other agencies
		13,729	1,238	14,967	35,322

Income from	charitable activities
		Unrestricted
		funds	Total	Total
		General	2023	2022
Occupational Sale ofgoods	and day care services	2,943,499 79,726 3,023,225	2,943,499 79,726 3,023,225	2,188,464 229,416 2,417,880

			Unrestricted funds General	Restrtcted funds	Total 2023	Total 2022
		Note
Occupational care services	and day		568,443	1,290	569,733	488,719
Depreciation,
amortisation other similar Staffcosts Governance	and costs costs		111,399 2,166,855 12,308 2,859,005	12,190 13,480	123,589 2,166,855 12,308 2,872,485	101,610 1,775,607 8,556 2,374,492

Governance costs
		Unrestricted
			funds	Total	Total
			General	2023	2022
Staffcosts Other staff costs			2,400	2,400
Audit fees Audit ofthe financial statements Other fees paid to auditors			8,320 1,380 208	8,320 1,380 208	5,300 2,591 665
Other governance costs			12,308	12,308	8,556
9 Net incoming/outgoing	resources
Net incoming resources for the year include:				2023	2022
Audit fees (Profit)/Loss on disposal offixed assets held for Depreciation offixed assets		the charity's	own use	8,320 (4,628) 128,217	5,300 3,027 83,198

11Staff costs Theaggregate payroll costs were as follows:
	2023	2022
Staffcosts during the year were: Wages and salaries Social security costs Pension costs Other staff costs	1,987,455 144,804 34,596 2,400	1,632,707 116,274 26,626
	2,169,255	1,775,607

The monthly charitduring	average the year expressed as full time equivalents was as follo	ws:
y		2023		2022
		No		No
Occupational	and daycare services		109 2		101 2
Administration	and support				103

13 Tangible fixed assets
	Land and buildings	Furniture and equipment	Motor vehicles	Total
Cost At 1 August 2022 Additions Disposals	1,175,302 31,321	218,431 18,275	481,043 353,882 (64,678)	1,874,776 403,478 (64,678)
At 31July 2023	1,206,623	236,706	770,247	2,213,576
Depreciation At 1 August 2022 Charge for the year Eliminated on disposals	217,149 25,889	139,447 18,802	271,186 83,526 ~54.655)	627,782 128,217 (54,655)
At 31 July 2023	243,038	158,249	300,057	701,344
Net book value
At 31 July 2023 At 31 July 2022	963,585 958,153	78,457 78,984	470,190 209,857	1,512,232 1246,994
14 Debtors
			2023f	2022
Trade debtors Prepayments Accrued income Other debtors			180,456 29,926 102,364 2,415	139,412 24,771 67,797 2,564
			315,16]	234,544

15 Creditors:	amounts falling due within one year
		2023	2022
		K
Bank loans Trade creditors Hire purchase Other taxation Other creditors Accruals	and finance leases and social security	8,705 11,887 80,368 30,489 8,584 12,160 143	8,201 12,348 16,597 29,478 24,323 9,044
Deferred income
		152,336	99,991

16 Creditors: amounts falling due after	one year
			2023	2022
Bank loans Hire purchase and finance leases			95,873 118,043 213,916	104,667 28,098 132,765
Included in the creditors are the following	amounts	due after more than five years:	2023	2022
			54,317	65,739

Total future minimum lease payments under non-cancell	able operating leases are as follows:
	2023	2022
Land and buildings Within one year Between one and five years	11,457	22,917 11,457
	11,457	34,374

20 Funds
	Balance at I August 2022	Incoming resources f	Resources expended	Transfers f	Balance at 31July 2023 f
Unrestricted funds
General General fund	1,280,661	3,042,090	(2,859,005)	(52)	1,463,694
Restricted funds Acquisition fund New trailer SEIFProject Foreshore Trust grant BIFFA grant -Timber sheds Theaklen drive kitchen Shaded area (FG) Outside work Woodworking equipment The Friary -Till	151,335 16 326,001 258 7,563 500 441 3,000 500 4,380		(2$94) (7,702) (24) (756) (88) (1,168)		149,041 16 318,299 234 6,807 500 353 3,000 500 3,212
The Percy Bilton Charity-
Supported employment project Angling Trust	3,368	1,238	(158) (1,290)	52	3,210
Total restricted funds	437,362	1,238	~333,488	52	485,172
Total funds	1,778,023	3,043,328	(2,872,485)		1,948,866

Notes to the Fi	nancial Statem	ents for the	Year Ended	31July 2023
	Balance at 1 August 2021	Incoming resources f	Resources expended f	Transfers	Balance at 31July 2022 f
Unrestricted funds
General General fund	1,189,643	2,432,900	(2,340,496)	(1,386)	1,280,661
Restricted Acquisition fund New trailer SEIFProject Foreshore Trust grant BIFFA grant -Timber sheds Theaklen drive kitchen Shaded area (FG) Outside work Woodworking equipment The Friary -Till	153,675 16 333,860 290 8,403 500 96 3,000 500 5,000		(2,340) (7,859) (32) (840) (110) (1,460)	455 840	151,335 16 326,001 258 7,563 500 441 3,000 500 4,380
The Percy Bilton Charity-
Supported employment project ESCC grant Total restricted funds	505,340	3,956 21,350 25,306	(679) (21,350) ~34,670)	91 3,386	3,368 497,362
Total funds	1,694,983	2,458,206	(2,375,166)		1,778,023

21 Analysis of	net assets between	funds
			Unrestricted		Total funds at
			funds	Restricted	31July
			General	funds	2023
				g
Tangible fixed assets			1,031,060	481,172	1,512,232
Current assets			781,236	21,650	802,886
Current liabilities			(134,686)	(17,650)	(152,336)
Creditors over	1 year		(213,916)		(213,916)
Total net assets			1,463,694	485,172	1,948,866
			Unrestricted		Total funds at
			funds	Restricted	31July
			General	funds	2022
			0
Tangible fixed	assets		753,632	493,362	1,246,994
Current assets			742,135	21,650	763,785
Current liabilities Creditors over 1year			(82,341) ~313 322.76635))	(17,650)	(99,991) ~332,765)
Total net assets			1,280,661	497,362	1,778,023
22 Analysis ofnet funds
			At 1August	Financing cash	At31July
			2022	flows	2023
			f	g
Cash at bank and in hand			529,241	(41,516)	487,725
Finance leases	and hire purchase	contracts	(44,695)	(153,716)	(198,411)
Net debt			484,546	(195,232)	289,314
			At 1August	Financing cash	At 31July
			2021	flows	2022
Cash at bank and in hand Finance leases and hire purchase		contracts	530,071 ~(46.845	(830) 2,150	529,241 (44,695)
Net debt			483,226	1,320	484,546