**REGISTERED COMPANY NUMBER: 03884643 (England and Wales) REGISTERED CHARITY NUMBER: 1084411**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
## for
## Basics Plus
Philip Burley & Co Chartered Accountants 28 Bagdale Whitby YO21 1QL
Basics Plus
Contents of the Financial Statements for the Year Ended 31 March 2024
||Page|
|---|---|
|Report of the Trustees|1 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7 to 8|
|Cash Flow Statement|9|
|Notes to the Cash Flow Statement|10|
|Notes to the Financial Statements|11 to 17|
|Detailed Statement of Financial Activities|18 to 19|
Basics Plus
Report of the Trustees for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and activities**
The charity's objectives are:
- To provide for the relief of people in the Scarborough, Whitby and Ryedale areas with a learning or physical disability by the provision of, and assistance in, education, employment and facilities for recreation or other leisure time occupation of such persons.
There has been no significant change in these objectives during the year.
The trustees have paid due regard to the Charity Commission's guidance on the public benefit in deciding what activities the charity should undertake.
We continue to review our objectives on a regular basis. The review considers what we have achieved in the previous 12 months. We have referred to the Charity Commission guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
## **Public benefit**
The benefits to the public of the charity are:
- Providing education, training and recreational facilities for people with disabilities past school leaving age;
- Providing respite relief for carers;
- Preservation of the environment.
As required by the Charity Commission guidance, all these benefits relate to the aims of the charity. The trustees cannot see any detriment or harm arising from these benefits. The benefits are primarily to a specific section of the public, those with learning difficulties and their carers. People in poverty are not excluded from our benefits. All our activities revolve around our primary objective of providing for the underprivileged in the locality.
The number of people accessing the employment scheme is 49 individuals obtaining 100 one-day places per week.
Our scheme is accessed through a referral system, and the age of service users is 18+.
The other community projects which we operate allow the general public to access low cost services which include catering, printing and low-cost meeting space.
## **STRATEGIC REPORT**
## **Achievement and performance Achievements and performance**
We work in partnership with public agencies:
- To allow us to offer and provide the widest range of services that best meet the needs of our client
- population;
- To provide services of an appropriate quality standard;
- To provide an enjoyable, constructive and stimulating environment for all users of the services offered.
Page 1
Basics Plus
Report of the Trustees for the Year Ended 31 March 2024
## **STRATEGIC REPORT Financial review**
## **Financial review**
The results for the year and the charity's final position at the end of the year are shown in the attached financial statements.
The charity is dependent upon ongoing funding to help pay for resources and staffing costs, and currently holds service agreement contracts with a number of agencies. Continued funding will be necessary to enable the charity to maintain its current level of activity. Wherever possible, additional sources of funding and income are sought.
## **Reserves policy**
The charity's policy on reserves is that unrestricted funds are needed to:
- Provide funds which can be designated to specific projects to enable these projects to be undertaken at short notice; and
- Cover administration and support costs, without which the charity could not function.
The trustees consider it prudent that unrestricted reserves should be sufficient to:
- Avoid the necessity of realising fixed assets held for the charity's use;
- Cover one year's management and administration costs;
- Provide a pool equal to 10% of the average charitable expenditure over the preceding two years from which funds can be designated to specific projects.
The trustees consider that reserves at the current level will ensure that, in the even of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. The level of reserves is monitored and reviewed by the trustees on an ongoing basis throughout the year.
## **Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **Risk policy and management**
The management committee has conducted a review to assess the major risks to which the charity is exposed and are satisfied that systems and procedures are in place to mitigate exposure to those risks.
Significant external risk to funding has led to the development of a strategic plan which will allow for the diversification of funding activities.
Budgets and forecasts are prepared on a regular basis and these are regularly reviewed and measured against performance to minimise exposure to risk and allow tight control over expenditure.
Internal control risk in minimised by the implementation of procedures for authorisation of all transactions and projects.
Procedures are in place to ensure compliance with health and safety of staff, clients and visitors to the centre.
## **Future plans**
We intend to continue with income generation from Tea room and Farmshop, print and design, leaflet delivery, chopstick - fire kindling. However, we will need to continue monitoring the cost of living crisis. We will look at operational costs moving into 2024 /2025.
Locally we have a further 3 housing estates to be built 2024/2025 this will hopefully increase footfall. After the fire in 2023 we are now able to continue our business plan of increasing revenue.
We are commissioning through the local authority and continue to be able offer more placements. This will help locally with the local social services and needs of our service users. We look forward to the future.
Page 2
Basics Plus
Report of the Trustees for the Year Ended 31 March 2024
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Basics Plus was incorporated on 26th November 1999 as a charitable company limited by guarantee. The charity is an independent registered charity (number 1084411) and is governed by its memorandum and articles of association.
The trustees, who are also directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
D M Hastie J Hobson Mrs A M Tidd N R Taylor M J Gale
Additional trustees are appointed at the discretion of the current trustees. An induction process is undertaken for individuals prior to appointment as a trustee. All trustees are provided with ongoing literature relevant to their position and are encouraged to attend training courses where necessary.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
Decision making is undertaken by a management committee. The committee meet regularly to review activities and finances and to review risk.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
03884643 (England and Wales)
## **Registered Charity number**
1084411
## **Registered office**
Betton Farm Racecourse Road East Ayton Scarborough North Yorkshire YO13 9HT
## **Trustees**
Mr D M Hastie Mr J Hobson Mr M R Jaconelli (resigned 12.12.23) Mr N R Taylor Mrs A M Tidd Mr M J Gale (appointed 12.12.23)
## **Company Secretary**
Mrs A P Turner
## **Independent Examiner**
Philip Burley & Co Chartered Accountants 28 Bagdale Whitby YO21 1QL
Page 3
Basics Plus
Report of the Trustees for the Year Ended 31 March 2024
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 16 December 2024 and signed on the board's behalf by:
Mr D M Hastie - Trustee
Page 4
Independent Examiner's Report to the Trustees of Basics Plus
## **Independent examiner's report to the trustees of Basics Plus ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Stewart Michael Davies ACA FCCA
Philip Burley & Co Chartered Accountants 28 Bagdale Whitby YO21 1QL
16 December 2024
Page 5
Basics Plus
Statement of Financial Activities for the Year Ended 31 March 2024
|31.3.24
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
2,702
**Charitable activities**
4
Core Charitable Activities
616,043
Other trading activities
3
30,941
Other income
122,239
**Total**
771,925
**EXPENDITURE ON**
**Charitable activities**
5
Core Charitable Activities
589,025
Direct Service Provision
132,376
**Total**
721,401
**NET INCOME/(EXPENDITURE)**
50,524
**RECONCILIATION OF FUNDS**
Total funds brought forward
653,563
**TOTAL FUNDS CARRIED FORWARD**
704,087|31.3.23
Total
funds
£
5,028
659,402
45,134
40,000
749,564
666,367
162,408
828,775
(79,211)
732,774
653,563|
|---|---|
The notes form part of these financial statements
Page 6
Basics Plus
## Balance Sheet 31 March 2024
|Notes
**FIXED ASSETS**
Tangible assets
11
Investments
12
**CURRENT ASSETS**
Stocks
13
Debtors
14
Cash at bank
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year 16
**NET ASSETS**
**FUNDS**
18
Unrestricted funds
**TOTAL FUNDS**|31.3.24
Unrestricted
fund
£
1,125,798
651
1,126,449
11,528
38,997
125,326
175,851
(84,015)
91,836
1,218,285
(514,198)
704,087
704,087
704,087|31.3.23
Total
funds
£
1,009,131
486
1,009,617
16,635
40,249
165,197
222,081
(53,049)
169,032
1,178,649
(525,086)
653,563
653,563
653,563|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on 16 December 2024 and were signed on its behalf by:
The notes form part of these financial statements
Page 7
continued...
Basics Plus
Balance Sheet - continued 31 March 2024
Mr D M Hastie - Trustee
Mr M J Gale - Trustee
The notes form part of these financial statements
Page 8
Basics Plus
Cash Flow Statement for the Year Ended 31 March 2024
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by/(used in) operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of tangible fixed assets
Net cash used in investing activities
**Cash flows from financing activities**
Loan capital repaid in year
Net cash used in financing activities
**Change in cash and cash equivalents**
**in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end**
**of the reporting period**|31.3.24
£
27,729
27,729
(175,692)
(165)
119,103
(56,754)
(10,846)
(10,846)
(39,871)
165,197
125,326|31.3.23
£
(74,776)
(74,776)
(37,498)
(213)
10,484
(27,227)
(14,871)
(14,871)
(116,874)
282,071
165,197|
|---|---|---|
The notes form part of these financial statements
Page 9
Basics Plus
Notes to the Cash Flow Statement for the Year Ended 31 March 2024
## **1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net income/(expenditure) for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Depreciation charges
Profit on disposal of fixed assets
Increase in income received in advance
Decrease/(increase) in stocks
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operations**|31.3.24
£
50,524
58,037
(118,115)
-
5,107
1,252
30,924
27,729|31.3.23
£
(79,211)
30,750
-
4,444
(7,339)
(5,842)
(17,578)
(74,776)|
|---|---|---|
## **2. ANALYSIS OF CHANGES IN NET DEBT**
|**Net cash**|At 1.4.23
Cash flow
At 31.3.24
£
£
£|
|---|---|
|Cash at bank|165,197
(39,871)
125,326|
||165,197
(39,871)
125,326|
|**Debt**||
|Debts falling due within 1 year|(16,046)
(22)
(16,068)|
|Debts falling due after 1 year|(525,086)
10,888
(514,198)|
||(541,132)
10,866
(530,266)|
|**Total**|(375,935)
(29,005)
(404,940)|
The notes form part of these financial statements
Page 10
Basics Plus
Notes to the Financial Statements for the Year Ended 31 March 2024
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless performance conditions require deferral of the amount. Any income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Grants receivable ae shown gross and are recognised in the SOFA to the extent that they relate to the period up to the year end. Where funding has been given for a period that spans the year end, the amount that relates to the following period is deferred and carried forward.
## **Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all costs related to the category.
Direct charitable expenditure includes the direct costs of the activities and depreciation on related assets. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of the resources.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Fixtures and fittings - 20% on reducing balance Motor vehicles - 20% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 11
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Donations
**3.**
**OTHER TRADING ACTIVITIES**
Rent, camping and utilities
Solar panels
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Catering, tea rooms, and
farm shop
Core Charitable Activities
Sale of goods and other
services
Core Charitable Activities
Fees and grants receivable Core Charitable Activities
**5.**
**CHARITABLE ACTIVITIES COSTS**
Core Charitable Activities
Direct Service Provision|Direct
Costs
£
579,047
131,476
710,523|31.3.24
£
2,702
31.3.24
£
30,941
-
30,941
31.3.24
£
239,634
47,263
329,146
616,043
Support
costs (see
note 6)
£
9,978
900
10,878|31.3.23
£
5,028
31.3.23
£
42,726
2,408
45,134
31.3.23
£
318,080
44,561
296,761
659,402
Totals
£
589,025
132,376
721,401|
|---|---|---|---|
Page 12
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
## **6. SUPPORT COSTS**
|Governance
Management
costs
£
£
Core Charitable Activities
9,978
-
Direct Service Provision
-
900
9,978
900
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
31.3.24
£
Depreciation - owned assets
58,037
Surplus on disposal of fixed assets
(118,115)|Totals
£
9,978
900
10,878
31.3.23
£
30,749
-|
|---|---|
## **7. NET INCOME/(EXPENDITURE)**
Surplus on disposal of fixed assets resulting from fire insurance claim.
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **9. STAFF COSTS**
|Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Average monthly number of employees|31.3.24
£
67,170
2,886
70,056
31.3.24
35|31.3.23
£
81,055
3,619
84,674
31.3.23
36|
|---|---|---|
No employees received emoluments in excess of £60,000.
Page 13
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|5,028|
|**Charitable activities**||
|Core Charitable Activities|659,402|
|Other trading activities|45,134|
|Other income|40,000|
|**Total**|749,564|
|**EXPENDITURE ON**
**Charitable activities**
Core Charitable Activities
Direct Service Provision|666,367
162,408|
|**Total**|828,775|
|**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward|(79,211)
732,774|
|**TOTAL FUNDS CARRIED FORWARD**|653,563|
## **11. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2023
Additions
Disposals
At 31 March 2024
**DEPRECIATION**
At 1 April 2023
Charge for year
Eliminated on disposal
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023|Freehold
property
£
1,273,713
35,338
-
1,309,051
284,493
26,181
-
310,674
998,377
989,220|Fixtures
and
fittings
£
62,841
140,354
-
203,195
48,711
30,897
-
79,608
123,587
14,130|Motor
vehicles
£
40,976
-
(21,576)
19,400
35,195
959
(20,588)
15,566
3,834
5,781|Totals
£
1,377,530
175,692
(21,576)
1,531,646
368,399
58,037
(20,588)
405,848
1,125,798
1,009,131|
|---|---|---|---|---|
Page 14
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
## **12. FIXED ASSET INVESTMENTS**
|**MARKET VALUE**
At 1 April 2023
Additions
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023
There were no investment assets outside the UK.
**13.**
**STOCKS**
Stocks
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
VAT
Prepayments
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other loans (see note 17)
Received in advance
Trade creditors
VAT
Other creditors
Accrued expenses|Unlisted
investments
£
486
165
651
651
486
31.3.24
31.3.23
£
£
11,528
16,635
31.3.24
31.3.23
£
£
17,760
18,357
17,711
15,183
-
5,684
3,526
1,025
38,997
40,249
31.3.24
31.3.23
£
£
16,068
16,046
17,590
17,570
44,680
13,332
848
-
190
746
4,639
5,355
84,015
53,049|
|---|---|
Page 15
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
## **16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
|Other loans (see note 17)
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Loans - within 1 year
Amounts falling between one and two years:
Loans - 2-5 years
Loans - after 5 years
**18.**
**MOVEMENT IN FUNDS**
At 1.4.23
£
**Unrestricted funds**
General fund
653,563
**TOTAL FUNDS**
653,563
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
771,925
**TOTAL FUNDS**
771,925
**Comparatives for movement in funds**
At 1.4.22
£
**Unrestricted funds**
General fund
732,774
**TOTAL FUNDS**
732,774|31.3.24
31.3.23
£
£
514,198
525,086
31.3.24
31.3.23
£
£
16,068
16,046
64,272
64,183
449,926
460,903
514,198
525,086
Net
movement
At
in funds
31.3.24
£
£
50,524
704,087
50,524
704,087
Resources
Movement
expended
in funds
£
£
(721,401)
50,524
(721,401)
50,524
Net
movement
At
in funds
31.3.23
£
£
(79,211)
653,563
(79,211)
653,563|
|---|---|
Page 16
continued...
Basics Plus
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
## **18. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
749,564
749,564|Resources
Movement
expended
in funds
£
£
(828,775)
(79,211)
(828,775)
(79,211)|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.22
£
732,774
732,774|Net
movement
in funds
£
(28,687)
(28,687)|At
31.3.24
£
704,087
704,087|
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**|Incoming
Resources
resources
expended
£
£|Movement
in funds
£|
|---|---|---|
|General fund|1,521,489
(1,550,176)|(28,687)|
|**TOTAL FUNDS**|1,521,489
(1,550,176)|(28,687)|
## **19. RELATED PARTY DISCLOSURES**
During the year the charity employed Mr P Robinson as a farm manager. He is the son of the company secretary, Mrs A Turner.
Page 17
Basics Plus
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Rent, camping and utilities
Solar panels
**Charitable activities**
Catering, tea rooms, and farm shop
Sale of goods and other services
Fees and grants receivable
**Other income**
Insurance claims
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Purchase of goods and materials for resale
Staff costs
Employer's pension costs
Rates and water
Light and heat
Insurances
Repairs, renewals and maintenance
Equipment leasing
Computer costs
Stationery, printing and postage
Telephone
Licences and subscriptions
Motor expenses
Legal and professional fees
Bank charges and interest
Loan interest
Sundry expenses
Bad debts
**Support costs**
**Management**
Staff costs
Carried forward|31.3.24
£
2,702
30,941
-
30,941
239,634
47,263
329,146
616,043
122,239
771,925
131,819
374,890
5,642
3,126
44,637
6,896
39,255
27,707
3,998
1,101
7,040
2,691
10,126
3,746
4,499
42,777
782
(209)
710,523
67,170
67,170|31.3.23
£
5,028
42,726
2,408
45,134
318,080
44,561
296,761
659,402
40,000
749,564
150,730
366,955
4,428
4,035
44,656
8,576
39,728
28,118
4,181
666
6,166
3,071
9,451
3,983
4,841
28,830
2,633
1,753
712,801
81,055
81,055|
|---|---|---|
This page does not form part of the statutory financial statements
Page 18
Basics Plus
## Detailed Statement of Financial Activities for the Year Ended 31 March 2024
|**Management**
Brought forward
Employer's pension costs
Depreciation of tangible and heritage
assets
Profit/loss on disposal of tangible fixed
assets
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income/(expenditure)**|31.3.24
£
67,170
2,886
58,037
(118,115)
9,978
900
721,401
50,524|31.3.23
£
81,055
3,619
30,750
-
115,424
550
828,775
(79,211)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 19