##
##
##
||||||||
|---|---|---|---|---|---|---|
|Trustees|||||John Dixon||
||||||Paul Allen||
||||||Linda Dyos||
||||||Caroline Instance||
||||||Sam Jones||
||||||Philip Lansberry||
||||||Amanda
Latham||
||||||Maureen
Vallon||
||||||Peter Worster||
|Secretary|||||Helen Rice||
|Charity|Number||||1086323||
|Company||Number|||04146487||
|Registered||Office|&Principal|Address|29-31Prestonville|Road|
||||||Brighton||
||||||BN1 3TJ||
|Auditors|||||TC Group||
||||||The Courtyard||
||||||Shoreham
Road||
||||||Upper Beeding||
||||||Steyning||
||||||West Sussex||
||||||BN44 3TN||
|Bank|||||CAP Bank Limited||
||||||25 Kings
Hill Avenue||
||||||Kings Hill||
||||||West Mailing||
||||||Kent||
||||||ME194JQ||
||||||Lloyds Bank Pic||
||||||10East Street||
||||||Chichester||
||||||West Sussex||
||||||PO19 1HJ||
|Trustees' Report (Incorporating
Directors Report)||
|---|---|
|Statement ofTrustees'
Responsibilities||
|Report ofthe Independent
Auditors||
|Consolidated
Statement of Financial Activities|13|
|Consolidated
Balance Sheet|14|
|Charity Balance Sheet|15|
|Consolidated
Cash Flow Statement|16|
|Notes to the Financial Statements|17|
##
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#
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##
##
|||Unrestricted|Designated|Restricted|Total||Total|
|---|---|---|---|---|---|---|---|
|||funds|funds|funds|2023||2022|
|INCOME FROM:|Notes|E|E|E|E||f|
|Donations
and legacies|3|196,459||100,106|296,565||495,413|
|Charitable
activities|4|3,811,050||287,727|4,098,777||3,718,715|
|Investments|5|4,157|||4,157||2,700|
|Total income||4,011,666||387,833|4,399,499||4,216,828|
|EXPENDITURE ON:||||||||
|Raising funds||1,159|||1,159||8,461|
|Charitable
activities||4,272,581|88,955|439,456|4,800,992||4,490,369|
|Total expenditure||4,273,740|88,955|439,456|4,802,151|.|4,498,830|
|Net income/(expenditure)||(262,074)|(88,955)|(51,623)|(402,652)||(282,002)|
|Net gains on investments|12||||||627|
|Pension
provision
gains|23||||||3,000|
|Net movement
in funds||(262,074)|(88,955)|(51,623)|(402,652)||(278,375)|
|Reconciliation
offunds||||||||
|Total funds brought forward||2,245,624|312,522|131,560|2,689,706||2,968,081|
|Total funds carried forward||1,983,550|223,567|79,937|2,287,054||2,689,706|
##
##
|||||2023||2022|
|---|---|---|---|---|---|---|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible
assets
Investments||11
12||1,382,663
2,884||1,370,631
2,884|
|||||1,385,547||1,373,515|
|CURRENT ASSETS|||||||
|Stocks
Debtors||13
14|4,648
595,710||1,183
966,538||
|Cash at bank and in hand|||686,172||973,661||
||||1,286,530||1,941,382||
|CURRENT LIABILITIES|||||||
|Creditors
due within one year||15|(385,023)||(625,191)||
|NET CURRENT ASSETS||||901,507||1,316,191|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES||||2,287,054||2,689,706|
|Defined benefit pension|scheme|23|||||
|TOTAL NET ASSETS||||2,287,054||2,689,706|
|GROUP FUNDS||16|||||
|Restricted funds
Unrestricted
Designated
funds
Unrestricted
General funds||||79,937
223,567
1,983,550||131,560
312,522
2,245,624|
|||||2,287,054||2,689,706|
##
##
##
|||||2023||2022|
|---|---|---|---|---|---|---|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible
assets
Investments||11
12||1,382,663
2,885||1,370,631
2,885|
|||||1,385,548||1,373,516|
|CURRENT ASSETS|||||||
|Stocks||13|4,648||1,183||
|Debtors||14|595,710||966,538||
|Cash at bank and in hand|||677,976||965,277||
||||1,278,334||1,932,998||
|Creditors
due within one|year|15|(381,441)||(621,578)||
|NET CURRENT ASSETS||||896,893||1,311,420|
|TOTAL ASSETS LESS CURRENT||||2,282,441||2,684,936|
|LIABILITIES|||||||
|Defined benefit pension|scheme|23|||||
|TOTAL NET ASSETS||||2,282,441||2,684,936|
|CIIARITY FUNDS
Restricted funds||||79,937||131,560|
|Unrestricted
Designated
funds
Unrestricted
General funds||||223,567
1,978,937||312,522
2,240,854|
|||||2,282,441||2,684,936|
##
##
|Cash flows from operating|activities|||Notes|2023
6|2022f|
|---|---|---|---|---|---|---|
|Net cash used
in operating|activities|||18|(191,496)|(571,839)|
|Cash flows from investing|activities||||||
|Dividends,
interest and rents from investments
Purchase oftangible fixed assets|||||4,157
(100,150)|2,700
(36,687)|
|Net cash used in investing|activities||||(95,993)|(33,987)|
|Change
in cash and cash equivalents||in the|year||(287,489)|(605,826)|
|Cash and cash equivalents|at the beginning||ofthe year||973,661|1,579,487|
|Cash and cash equivalents|at the end|ofthe year|||686,172|973,661|
|The notes on pages 17to 32 form part||ofthese financial||statements|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
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##
##
##
##
##
##
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##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
||||f|f|f|f|
|Charitable|activities||3,811,050|287,727|4,098,777|3,718,715|
||||3,811,050|287,727|4,098,777|3,718,715|
|Tota I 2022|||3,464,001|254,714|3,718,715||
|INVESTMENT INCOME|||||||
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||2023
f|2023
f|2023
f|2022f|
|Interest received|||4,157||4,157|2,700|
|EXPENDITURE|||||||
|||Staff||Other|Total|Total|
|||costs|Depreciation|costs|funds|funds|
|||2023
f|2023
f|2023
f|2023
f|2022
f|
|Raising funds
Charitable
activities||3,117,785|88,118|1,159
1,595,089|1,159
4,800,992|8,461
4,490,369|
|Total expenditure||3,117,785|88,118|1,596,248|4,802,151|4,498,830|
||||Direct|Support|Total|Total|
||||activities|costs|funds|funds|
||||2023|2023|2023|2022|
||||f|f|f|f|
|Direct costs of charitable||activities —see note 7|4,743,475|57,517|4,800,992|4,490,369|
||||4,743,475|57,517|4,800,992|4,490,369|
|Total 2022|||4,394,272|96,097|4,490,369||
##
##
##
##
|||||||Direct|Direct|
|---|---|---|---|---|---|---|---|
|||||||activities|activities|
|||||||2023|2022|
|||||||E|f|
||Staff costs
Activity centre catering and
Travel costs and mileage|||other costs||3,117,785
276,647
75,698|3,036,931
194,520
71,437|
||Agency and consultancy
Other costs
Conferences
and meetings
Office and computer costs|||||98,982
42,128
3,574
70,830|95,325
55,049
6,849
76,251|
||Activity centre overheads|||||412,424|386,890|
||Payments to|partners||||557,289|402,404|
||Depreciation|||||88,118|68,616|
|||||||4,743,475|4,394,272|
|||||||Support|Support|
|||||||costs|costs|
|||||||2023|2022|
|||||||E|E|
||Support costs including||Governance||costs|||
||Staff welfare
Professional|costs
indemnity|insurance|||13,816|16,769
534|
||Professional|fees||||43,701|78,794|
|||||||57,517|96,097|
|8|AUDITOR'5 REMUNERATION|||||||
|||||||Total|Total|
|||||||2023|2022|
|||||||E|E|
||Fees payable|to the Charity's||current|auditor for the audit|10,500|9,500|
##
|||||Group and|Group and|
|---|---|---|---|---|---|
|||||Charity|Charity|
|||||2023|2022|
|||||E|f|
|Wages and salaries
Social security costs||||2,797,147
212,138|2,733,232
196,437|
|Contribution|to defined|contribution|pension|97,100|95,862|
|schemes||||||
|Contribution|to defined|benefit pension||11,400|11,400|
|schemes||||||
|||||3,117,785|3,036,931|
|he average number of persons employed
by the Charit|y during the year was as follows:||
|---|---|---|
||Group and|Group and|
||Charity|Charity|
||2023|2022|
||No|No|
|Activity centres and clubs
Other projects
Administration|55
90
15|56
97
16|
||160|169|
|ed E60,000|was:|
|---|---|
|Group|Group|
|2023|2022|
|No|No|
##
##
##
##
##
|TANGIBLE FIXEDASSETS
Group and Charity||||
|---|---|---|---|
||Freehold|Office||
||property|equipment|Total|
|Cost or valuation||||
|At 1April 2022|1,300,000|330,465|1,630,465|
|Additions|8,928|91,222|100,150|
|At 31March 2023|1,308,928|421,687|1,730,615|
|Depreciation||||
|At 1April 2022|26,000|233,834|259,834|
|Charge for the year|26,446|61,672|88,118|
|At 31March 2023|52,446|295,506|347,952|
|Net book value||||
|At 31March 2023|1,256,482|126,181|1,382,663|
|At 31March 2022|1,274,000|96,631|1,370,631|
##
##
||Listed||
|---|---|---|
||investments|Total|
|Cost or valuation|||
|At 1April 2022
At 31March 2023|2,884
2,884|2,884
2,884|
|Net book value|||
|At 31March 2023|2,884|2,884|
|At 31March 2022|2,884|2,884|
##
|Charity|Investments|Listed||
|---|---|---|---|
||in subsidiary|investments|Total|
|Cost or valuation||||
|At 1April 2022||2,884|2,885|
|At 31March 2023||2,884|2,885|
|Net book value||||
|At 31March 2023||2,884|2,885|
|At 31March 2022||2,884|2,885|
##
|Group||Charity||
|---|---|---|---|
|2023|2022|2023|2022|
|4,648|1,183|4,648|1,183|
|4,648|1,183|4,648|1,183|
##
##
##
|||Group||Charity||
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|Due within one year||||||
|Trade debtors||443,207|506,619|443,207|506,619|
|Other debtors|||271,167||271,167|
|Prepayments|and accrued income|152,503|188,752|152,503|188,752|
|||595,710|966,538|595,710|966,538|
##
|||Group||Charity||
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|Trade creditors||85,334|181,263|85,334|181,263|
|Amounts
owed to group undertakings||||||
|Other taxation and social security||127,913|252,529|127,943|252,529|
|Other creditors||7,018|7,095|3,403|3,481|
|Accruals and deferred|income|164,758|184,304|164,760|184,304|
|||385,023|625,191|381,441|621,578|
##
##
##
|FOR THE YEAR ENDED 31MARCH 2023||||||
|---|---|---|---|---|---|
|16
STATEMENT OF FUNDS -CONSOLIDATED|||||At 31|
|At|1April
2022|Income
Expenditure||Transfers|March
2023|
|Unrestricted'general
funds
General funds
Reserves
E
2,240,854
4,770
2,245,624||E
4,011,666
4,011,666|E
(4,273 583)
(157)
(4,273,740)|E|E
1,978,937
4,613
1,983,550|
|Unrestricted
designated
funds
Our Customers
Our Services
Our People
Our Operations
Our Organisation
115,638
54,000
58,550
30,000
54,334
312,522|||(58,136)
(11,400)
(19,419)
(88,955)||57,502
54,000
47,150
30,000
34,915
223,567|
|Restricted funds||||||
|Broadbridge
Heath Village Agent
Welfare donations
Arun activity centre and clubs
Bereavement
support
Chichester
activities|10,321
38,319|15,960
15,250
6,000|(15,960)
(2,133)
(24,201)
(15,016)
(6,000)||8,188
14,118
234|
|Burgess
Hill activity centre
Haywards
Heath activity centre
BikH dementia
services|20,000
5,000|1,800
8,243
17,484|(1,800)
(28,243)
(22,484)|||
|Dementia
CST||29,157|(29,157)|||
|Dementia
MCST
Dementia
Extra care
Digital Champions|5,000|73,350
39,290|(5,000)
(72,817)
(37,927)||533
1,363|
|Ernest Kleinwort
Mid Sussex Ik||10,000|(6,000)||4,000|
|Crawley
Christ's
Hospital fund
Crawley Borough Council
Falls prevention
Horsham
district|2,920|10,000
15,000
21,061
56,158|(1,549)
(15,000)
(21,061)
(56,158)||11,371|
|Household
support
fund
Kings Weald Community
Centre
The Older People's Directory||1,150
21,000
1,000|(1,150)
(21,000)
(1,000)|||
|One Family Christmas
Activities
Laburnam
Centre refit|50,000|2,000|(2,000)
(9,870)||40,130|
|Selsey fitness activities
Tackling inequalities
Walking football
Workforce grant
The Hope Keith Trust|131,560|2,400
1,473
5,360
3,000
31,697
387,833|(2,400)
(1,473)
(5,360)
(3,000)
(31,697)
(439,456)||79,937|
|Total funds
2,689,706||4,399,499|(4,802,151)||2 287 054|
##
##
##
##
##
##
##
##
##
|ANALYSIS OF NET ASSETS BET
Analysis ofnet assets between|WEEN FUNDS
funds —current period||||
|---|---|---|---|---|
||Unrestricted|Designated|Restricted||
||funds|funds|funds|Total funds|
||2023|2023|2023|2023|
||6|E|E|E|
|Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year|1,382,663
2,884
983,026
(385,023)|223,567|79,937|1,382,663
2,884
1,286,530
(385,023)|
||1,983,550|223,567|79,937|2,287,054|
|Analysis ofnet assets between|funds —prior period
Unrestricted|Designated|Restricted||
||funds|funds|funds|Total funds|
||2022|2022|2022|2022|
||6|E|E|E|
|Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year|1,370,631
2,884
1,497,300
(625,191)|312,522|131,560|1,370,631
2,884
1,941,382
(625,191)|
||2,245,624|312,522|131,560|2,689,706|
##
|18|RECONCILIATION
OF NET MOVEMENT|RECONCILIATION
OF NET MOVEMENT|RECONCILIATION
OF NET MOVEMENT|IN|FUNDS TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|---|
|||||||Group|Group|
|||||||2023|2022|
|||||||E|f|
||Net income/expenditure|for|the period|(as per SoFA)||(402,652)|(278,375)|
||Adjustments
for:|||||||
||Depreciation
charges|||||88,118|68,616|
||Profits/(losses)
on investments||||||627|
||Dividends,
interest and|rents||||(4,157)|(2,700)|
||Pension
provision
movement||||||3,000|
||(Increase) / decrease
in|stocks||||(3,465)|993|
||(Increase) / decrease
in|debtors||||370,828|(824,280)|
||Increase / (decrease)
in|creditors||||(240,168)|460,280|
||Net cash provided
by/(used||in) operating||activities|(191,496)|(571,839)|
|19|ANALYSIS OF CASH AND|CASH EQUIVALENTS||||||
|||||||Group|Group|
|||||||2023|2022|
|||||||f|f|
||Cash in hand|||||686,172|973,661|
||Total cash and cash equivalents|||||686,172|973,661|
|20|ANALYSIS OF CHANGES|IN NET DEBT||||||
||||||At 1April|Cash|At 31|
||||||2022|flows|March 2023|
||||||E|E||
||Cash at bank and
in hand
Bank overdrafts
repayable|on demand|||973,661
(2,260)|(287,489)
1,359|686,172
(901)|
||||||971,401|(286,130)|685,271|
##
##
##
##
||2023|2022|
|---|---|---|
|Discount rate for scheme liabilities|4.85|2.80|
|Expected rate ofsalary increases|N/A|N/A|
|RPI inflation
assumption|3.25|3.60|
|CPI inflation
assumption|2.45|2.80|
||2023|2022|
|Mortality
rates (in years)
For a male aged 65 now
At 65for a male aged 45 now|Years
21.8
23.1|Years
22.1
23.1|
|For a female aged 65 now|23.8|24.5|
|At 65for a female aged 45 now|25.2|25.6|
##
##
##
|The Group's share|The Group's share|ofthe assets|in the Scheme was:|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||E '000|E '000|
|Equities||||32|75|
|Diversified|growth|fund||17|56|
|Property||||46|43|
|Cash and other liquid assets||||||
|Matching assets/bonds||||248|268|
|||||354|447|
|The current service cost|in the year 611,400 (2022 -f11,400).|||
|---|---|---|---|
|||2023|2022|
|Fair value of plan assets
Present value offunded|liabilities|E '000
354
(332)|E '000
447
(419)|
|Surplus / (deficit)||22|28|
|Deficits only recognised|in the SoFA|||