Company registration number: 4030235 Charity registration number: 1081706
Games Aid
(A company limited by guarantee) Annual Report and Financial Statements
for the Year Ended 31 March 2022
Games Aid
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 6 |
| Independent Auditors' Report | 7 to 9 |
| Statement of Financial Activities | 10 to 11 |
| Balance Sheet | 12 |
| Notes to the Financial Statements | 13 to 19 |
Games Aid
| Reference and Administrative Details | Reference and Administrative Details |
|---|---|
| Trustees | T Haynes |
| C Dring | |
| M French | |
| M Washbrook | |
| A Mansi | |
| G Osborn | |
| D Lapaz | |
| N Allan | |
| S Veal | |
| G Smith | |
| Registered Office | 111/113 High Street |
| Evesham | |
| Worcestershire | |
| WR11 4XP | |
| The charity is incorporated in England and Wales. | |
| Company Registration Number | 4030235 |
| Charity Registration Number | 1081706 |
| Bankers | The Co-Operative Bank |
| PO Box 101 | |
| 1 Balloon Street | |
| Manchester | |
| M60 4EP | |
| Auditor | Clement Rabjohns Limited |
| Registered Auditors and Chartered Accountants | |
| 111/113 High Street | |
| Evesham | |
| Worcestershire | |
| WR11 4XP |
Page 1
Games Aid
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2022.
Structure, governance and management
The Charity is a charitable company limited by guarantee, incorporated on 10 July 2000 and registered as a charity on 24 July 2000.
The Charity’s Memorandum of Association sets out its charitable objects and the powers it has to advance those objects. It is governed by its Articles of Association. New Articles of Association were adopted on 14 August 2008. Trustees are appointed by the Charity’s members. There are currently 10 Trustees and there must be a minimum of two.
The charity adheres to the Charity Commissions guidance on being a public benefit entity.
The Trustees meet at least once a quarter to consider and discuss the activities of the Charity, including considering proposed grants, reviewing reports in relation to previous grants, and considering reserves, risk management and other policies. There is one paid member of staff responsible for event management and marketing activities.
Membership of the Charity is open to any individual or organisation who is interested in promoting its charitable objects and who is a member of the interactive entertainment, computer and video games industry and who is approved by the Trustees.
There are no prior conditions to becoming a Trustee, but it is expected that Trustees are members and have shown a determination to see the Charity achieve its objects.
Trustees are appointed initially on a three year term, with an option to extend for a further three year term. Trustees will then step down from the charity, unless the board of trustees votes to continue their term for a further year on a case by case basis.
The financial administration of the charity is carried out by Natasha Burrett.
Risk Management
The Trustees have reviewed the major risks to which the Charity is exposed and systems have been established to mitigate those risks.
Objectives and activities
GamesAid is an umbrella charity founded by the UK video games industry which supports small charities helping disadvantaged and disabled young people across the UK.
Members nominate and vote for charities at the start of the year to receive support from GamesAid. Those charities must demonstrate that:
-
That their work supports disadvantaged children and young people across the UK.
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That their turnover is less than £3m.
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That less than a third of their costs are spent on administration.
Page 2
Games Aid
Trustees' Report
Charities then proceed to an election amongst GamesAid's members. Selected charities receive an equal share of funding from GamesAid at the end of its financial year in the form of a grant, while also receiving support and advice on how to engage successfully with the UK game industry to further their objectives.
Due to the exceptional circumstances caused by the COVID-19 pandemic, the GamesAid trustees agreed to continue to support the charities selected in financial year 2019/2020 to offer both security to organisations impacted by the pandemic and a fair opportunity to benefit from support from GamesAid's fundraising work.
The selected charities for 2021/2022 were Access Sport, Autisica Play, Everyone Can, Lifelites, Solving Kids Cancer, The Clock Tower Sanctuary and Volunteer Centre MAPS. Special Effect which was also eligible for support, opted out of the process.
Achievements and Performance
Over the year the following grants were made: All in Sterling (£)
| Access Sport Autistica Play Everyone Can Lifelites Solving Kids Cancer The Clock Tower Sanctuary Volunteer Centre MAPS |
4,000 4,000 4,000 4,000 4,000 4,000 4,000 |
|---|---|
| 28,000 |
In addition to the above a £10,000 grant was made to Volunteer Centre MAPS, which was a late donation made from the 2020/2021 voting process.
Financial Review
The charity generated £200,772 in 2021/2022, a significant increase on the £48,716 generated in 2020/2021. The principle factor in this increase was a return of fundraising events such as Stand Up to GamesAid and the first GamesAid Go Karting Championship, which generated income as the effects of the pandemic started to wane.
GamesAid’s cost of raising funds also increased with the return of real world events, climbing to £22,819. The charity also incurred total expenses of £14,756 to support the delivery of the charity’s fundraising programme.
Overall, GamesAid recorded an operating surplus of £163,197. In line with the charity’s reserve policy, to enable it to make the grants as recorded in the above section.
Grant making policy
GamesAid's grant making policy is detailed above within the objectives and activities section.
Page 3
Games Aid
Trustees' Report
Reserves Policy
The unrestricted funds at 31 March 2022 amounted to £225,972 and the Trustees will keep the level of the unrestricted funds under review to ensure that the Charity is able to continue its current activities and plan for the support of future initiatives.
Plans for future periods
GamesAid has selected the six causes it is backing for 2022/2023: AFK, Autistica Play, Lifelites, Solving Kids Cancer, The Clock Tower Sanctuary and Winston’s Wish.
It is running a full programme of events in 2022/2023 for the first time since the start of the pandemic, offering opportunities to fundraise further.
The trustees have also worked on a range of measures to improve financial control and reporting to effectively support our charity reporting.
Members of the Board of Trustees
Members of the Board of Trustees, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 6.
Disclosure of information to auditor
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 20 March 2023 and signed on its behalf by:
......................................... G Osborn Trustee
Page 4
Games Aid
Trustees' Report
Statement of trustees' responsibilities
The trustees (who are also the directors of Games Aid for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Page 5
Games Aid
Trustees' Report
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: T Haynes C Dring D Gayle (resigned 12 August 2021) M French G Jackson (resigned 28 April 2022) M Washbrook D Phillips (resigned 6 November 2021) A Mansi S Cummings (resigned 12 August 2021) J Heaton (resigned 8 April 2021) G Osborn (appointed 20 April 2021) D Lapaz (appointed 12 January 2022) N Allan (appointed 13 January 2022)
F Rizzo (appointed 13 January 2022 and resigned 19 October 2022)
A Moyet (appointed 13 January 2022 and resigned 20 December 2022)
S Veal (appointed 13 January 2022)
G Smith (appointed 4 July 2022)
Page 6
Games Aid
Independent Auditor's Report to the Members of Games Aid
Opinion
We have audited the financial statements of Games Aid (the 'charity') for the year ended 31 March 2022, which comprise the Statement of Financial Activities, Balance Sheet, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charity's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
Page 7
Games Aid
Independent Auditor's Report to the Members of Games Aid
We have nothing to report in this regard.
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
-
the information given in the Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
-
the Trustees' Report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
-
adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of trustees' responsibilities (set out on page 5), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Enquiry of board and those charged with governance. Review of minutes of meetings of those charged with governance.
Review of financial statement disclosures and testing to support documentation provided to assess compliance with applicable laws and regulations. Auditing risks and controls of the charity.
Review of news stories, press releases, websites and social media for irregularities in documentation or enquiries made.
Page 8
Games Aid
Independent Auditor's Report to the Members of Games Aid
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.
...................................... Philip Parsons FCA (Senior Statutory Auditor) For and on behalf of Clement Rabjohns Limited, Statutory Auditor
111/113 High Street Evesham Worcestershire WR11 4XP
20 March 2023
Page 9
Games Aid
Statement of Financial Activities for the Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Event income 4 Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net income Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted funds £ 102,824 97,948 200,772 (22,819) (52,755) (75,574) 125,198 3,100 128,298 100,775 229,073 |
Restricted funds £ - - - - - - - (3,100) (3,100) 3,100 - |
Total 2022 £ 102,824 97,948 |
|---|---|---|---|
| 200,772 | |||
| (22,819) (52,755) |
|||
| (75,574) | |||
| 125,198 - |
|||
| 125,198 103,875 |
|||
| 229,073 |
The notes on pages 13 to 19 form an integral part of these financial statements. Page 10
Games Aid
Statement of Financial Activities for the Year Ended 31 March 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Event income 4 Total income Expenditure on: Raising funds 5 Charitable activities 6 Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted funds £ 46,831 1,885 48,716 (433) (71,016) (71,449) (22,733) (22,733) 123,506 100,773 |
Restricted funds £ - - - - - - - - 3,100 3,100 |
Total 2021 £ 46,831 1,885 |
|---|---|---|---|
| 48,716 | |||
| (433) (71,016) |
|||
| (71,449) | |||
| (22,733) | |||
| (22,733) 126,606 |
|||
| 103,873 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 and 2020 are shown in note 16.
The notes on pages 13 to 19 form an integral part of these financial statements. Page 11
Games Aid
(Registration number: 4030235) Balance Sheet as at 31 March 2022
| Note Current assets Debtors 12 Cash at bank and in hand 13 Creditors: Amounts falling due within one year 14 Net assets Funds of the charity: Restricted income funds Restricted funds Unrestricted income funds Unrestricted funds Total funds 16 |
2022 £ 32,119 233,250 265,369 (36,296) 229,073 - 229,073 229,073 |
2021 £ 72,363 95,421 |
|---|---|---|
| 167,784 (63,911) |
||
| 103,873 | ||
| 3,100 100,773 |
||
| 103,873 |
The financial statements on pages 10 to 19 were approved by the trustees, and authorised for issue on 20 March 2023 and signed on their behalf by:
......................................... G Osborn Trustee
The notes on pages 13 to 19 form an integral part of these financial statements. Page 12
Games Aid
Notes to the Financial Statements for the Year Ended 31 March 2022
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 111/113 High Street Evesham Worcestershire WR11 4XP
These financial statements were authorised for issue by the trustees on 20 March 2023.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Games Aid meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. Whilst the Covid 19 pandemic has been challenging and has affected donations, due to historic surpluses retained and grant making policies in place the charity has been able to continue its charitable objectives. The trustees make this assessment in repsect of a period of at least one year from the date of the approval of these financial statements.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Page 13
Games Aid
Notes to the Financial Statements for the Year Ended 31 March 2022
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Gifts in kind
Gifts in kind are recognised at the amount the charity would have had to pay to acquire them.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 14
Games Aid
Notes to the Financial Statements for the Year Ended 31 March 2022
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3 Income from donations and legacies
| Donations and legacies; General donations Gift aid reclaimed Sales of donated goods 4 Income from other activities Events income; General events |
Unrestricted funds General £ 98,191 1,407 3,226 102,824 Unrestricted General £ 97,948 97,948 |
Total 2022 £ 98,191 1,407 3,226 102,824 Total 2022 £ 97,948 97,948 |
Total 2021 £ 46,617 136 78 |
|---|---|---|---|
| 46,831 | |||
| Total 2021 £ 1,885 |
|||
| 1,885 |
Page 15
Notes to the Financial Statements for the Year Ended 31 March 2022
Games Aid
5 Expenditure on raising funds
a) Costs of generating donations and legacies
| Note Fundraising costs 6 Expenditure on charitable activities Note Donations given at Trustees discretion Governance costs 7 |
Unrestricted General £ 22,819 Unrestricted funds General £ 38,000 14,755 52,755 |
Total 2022 £ 22,819 Total 2022 £ 38,000 14,755 52,755 |
Total 2021 £ 433 |
|---|---|---|---|
| Total 2021 £ 60,000 11,016 |
|||
| 71,016 |
In addition to the expenditure analysed above, there are also governance costs of £14,755 (2021 - £11,016) which relate directly to charitable activities. See note 7 for further details.
Details of the grantmaking can be found on page 3 within the Trustees Report.
7 Analysis of governance and support costs
Governance costs
| Staff costs Wages and salaries Pension costs Audit fees Audit of the financial statements Legal fees Other governance costs |
Unrestricted funds General £ 11,000 206 2,394 - 1,155 14,755 |
Total 2022 £ 11,000 206 2,394 - 1,155 14,755 |
Total 2021 £ 6,000 180 2,400 1,800 636 |
|---|---|---|---|
| 11,016 |
Page 16
Games Aid
Notes to the Financial Statements for the Year Ended 31 March 2022
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
9 Staff costs
The aggregate payroll costs were as follows:
| 9 Staff costs The aggregate payroll costs were as follows: |
||
|---|---|---|
| Staff costs during the year were: Wages and salaries Pension costs |
2022 £ 11,000 206 11,206 |
2021 £ 6,000 180 |
| 6,180 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| 2022 | 2021 | |||
|---|---|---|---|---|
| No | No | |||
| Administration | 1 | 1 |
No employee received emoluments of more than £60,000 during the year.
10 Auditors' remuneration
| Audit of the financial statements | 2022 £ 2,394 |
2021 £ 2,400 |
|---|---|---|
Page 17
Games Aid
Notes to the Financial Statements for the Year Ended 31 March 2022
11 Taxation
The charity is a registered charity and is therefore exempt from taxation.
12 Debtors
| Trade debtors Prepayments 13 Cash and cash equivalents Cash at bank 14 Creditors: amounts falling due within one year Trade creditors Other taxation and social security Other creditors Accruals |
2022 £ 32,119 - 32,119 2022 £ 233,250 2022 £ 2,699 170 627 32,800 36,296 |
2021 £ 49,031 23,332 |
|---|---|---|
| 72,363 | ||
| 2021 £ 95,421 |
||
| 2021 £ 4,038 - - 59,873 |
||
| 63,911 |
15 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £206 (2021 - £180).
Page 18
Games Aid
Notes to the Financial Statements for the Year Ended 31 March 2022
16 Funds
| Unrestricted General Restricted Total funds Unrestricted General Restricted Total funds |
Balance at 1 April 2021 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 March 2022 £ 100,775 200,772 (75,574) 3,100 229,073 3,100 - - (3,100) - 103,875 200,772 (75,574) - 229,073 Balance at 1 April 2020 £ Incoming resources £ Resources expended £ Balance at 31 March 2021 £ 123,506 48,716 (71,449) 100,773 3,100 - - 3,100 126,606 48,716 (71,449) 103,873 |
Balance at 1 April 2021 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 March 2022 £ 100,775 200,772 (75,574) 3,100 229,073 3,100 - - (3,100) - 103,875 200,772 (75,574) - 229,073 Balance at 1 April 2020 £ Incoming resources £ Resources expended £ Balance at 31 March 2021 £ 123,506 48,716 (71,449) 100,773 3,100 - - 3,100 126,606 48,716 (71,449) 103,873 |
Balance at 31 March 2022 £ 229,073 - |
|---|---|---|---|
| 229,073 | |||
| 103,873 |
During the year ended 31 March 2022 the Trustees decided to transfer the restricted fund known as 'The Gupta Memorial Fund' to the unrestricted fund. The fund balance was £3,100.
17 Analysis of net assets between funds
| Current assets Current liabilities Total net assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 164,684 (63,911) 100,773 |
Unrestricted funds General £ 265,369 (36,296) 229,073 Restricted funds £ 3,100 - 3,100 |
Total funds at 31 March 2022 £ 265,369 (36,296) |
|---|---|---|---|
| 229,073 | |||
| Total funds at 31 March 2021 £ 167,784 (63,911) |
|||
| 103,873 |
Page 19