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2023-02-28-accounts

PAGE
COMPANY
INFORMATION
TRUSTEES' ANNUAL REPORT 4-11
INDEPENDENT
EXAMINER'S REPORT		 12
STATEMENT OF FINANCIAL ACTIVmES 13
BALANCE SHEET 14
CASHFLOW 15
NOTES TO THE FINANCIAL STATEMENTS 16-22
DETAILED INCOME AND EXPENDITURE SUMMARY 23
NOTES TO THE STATEMENT OF CASH FLOWS 24

2023 2022
Unrestricted Restricted Unrestricted Restricted
funds funds Totals funds funds Totals
Note 6 6 6 6 E E
INCOME FROM
Donations and legacies
Fundraising
and donations		 640 16,297 16,937 4,024 6,517 10,540
Other activities
Office rental 66,512 66,512 63,384 63,384
Room hire income 57,211 950 58,161 27,810 35 27,845
Professional
services		 23,961 23,961 21,515 21,515
Investments
Bank interest 942 942
Charitable
activities
Grants receivable 7,400 66,448 73,848 15,305 4,975 20,280
Miscellaneous
income		 2,673 1,106 3,779 1,391 1,391
Exchange membership 44,146 0 44,146 26,570 26,570
TOTAL INCOME 203,485 84,801 288,286 159,999 11,527 171,526
EXPENDITURE ON
Raising funds
Office rental 3a 91,862 9,824 101,686 29,884 29,884
Room hire 3b 33,399 3,800 37,199 15,591 15,591
Professional
services		 3c 2,602 43 2,645 801 801
Charitable
activities
Charitable
activities		 3d 66,649 60,539 127,189 166,295 43,094 209,389
Governance
costs		 3e 20,456 306 20,762 10,283 - 10,283
TOTAL EXPENDITURE 214,968 74,512 289,480 222,853 43,094 265,947
Net income/(expenditure) and
net movement
in funds for		 the year (11,483) 10,289 (1,194) (62,854) (31,568) (94,422)
TRANSFER BETWEEN FUNDS 3,175 (3,175)
RECONCILIATION
OF FUNDS
Total funds brought forward
as at 1March 2022 155,744 771,038 926,782 218,598 802,606 1,021,204
Total funds carried forward
asat 28 February 2023 147,435 778,153 925,588 155,744 771,038 926,782

Notes
FIXEDASSETS
Tangible assets 817,759 841,355
CURRENT ASSETS
Trade debtors 13,735 11,862
Prepayments
and accrued income		 13,001 16,169
Cash at bank and in hand 112,871 83,651
139,607 111,681
CREDITORS
Amounts
falling due with one year		 (31,778) (26,254)
NET CURRENT ASSETS 107,829 85,428
Restdcted funds 9 778,153 771,038
Unrestricted
funds		 10 147,435 155,744

Notes 2023 2022
6 E
Cash flows from operating
activities:
Net cash provided
by/ (used in) operating		 activities 15 28,277 (80,953)
Cash flows from Investing activities:
Dividends,
interest and rents from investments		 942
Proceeds from the sale of property,
plant		 and equipment
Purchase of property,
plant and equipment
Proceeds from sale ofinvestments
Purchase of investments
Net cash provided
by/ (used in) investing		 activities 942
Cash flows from financing activities:
Repayments
of borrowing
Cash inflows from new borrowing
Receipt ofendowment
Net cash provided
by (used in) investing		 activities
Change
in cash and cash equivalents		 in the reporting period 29,219 (80,953)
Cash and cash equivalents
at the beginning		 ofthe
reporting
period		 15 83,651 164,604
Cash and cash equivalents
atthe end		 ofthe reporting
period 15 112,871 83,651

Total resources expended indude the following:-
Amounts
due tothe Independent		 Examiner 1,872 1,512
Depredation 23495 23595

5 E E E E
Bullng nlnnlllg costs Direct 18 18 5,623
Events and direct benefldarv cm Direct 2~ 7,319
Governance and finance costs Direct LP72 1472 1,614
11,110 11,110 3/90
Repairs andmalntenance Direct
Staffsalarfes 27,668 27,668 28,333
Bulkgng nllmlng costs Floor Area 12,661 7,038 9rt69 5~
Events and direct benefldary cm Staff time
Governance and Rnance costs Staff time 219 122 173 92
ONce costs Staff time 4,583 3/49 173 SWS 4,156 1,239 19W2 11,545
Repairs end maintenance Floor Area 5,792 3,220 - 4461 2,443 16,016
Staff salaries Staff time 16,593 19,012 2,420 44,939 38,025 17,284 138,273 136,764
Depredation Floor Area 7,824 4,557 51 6W7 3~ 367 23495 23,595
47,672 37,199 2,645 127,189 54+24 20,762 2fs~ 265,946
b C d d e

2023 2022
E 6
Wages and salaries 138,697 154,295
Soda lsecurity costs 3,230 5,465
Pension costs 4,391
Other staff expenses 239 219
Freelance staff costs 20,109 730
165,941 165,100
2023 2022
Charitable Activities 13
Co - ordination 1
14 14

4
ta		 s3:-
At 1March 2022 202,768 973,360 45,894 1,222,021
Additions
At 28 February 2023 202,768 973,360 45,894 1,222,021
Depredation:
At 1March 2022 339,988 40,678 380,666
Transfer between categories
Charge for the period 20,660 2,936 23,596
At 28 February 2023 360,648 43,614 404,262
Net BookValues:
At 28February 2023 202,768 612,712 2,280 817,759
At 28 February 2022 202,768 633,371 5,216 841,355

B.
CREDITORS - AMOUNTS
FALUNG DUE WITHIN ONE Y		 EAR
2023 2022
E E
Trade creditors 14,714 6,655
Tax and social security costs 1,915 2,693
Other creditors 1,088 3,198
Accruals 6,655 9,066
Deferred income (arising during the year) 7,406 4,641
31,778 26~

9.
RESTRICTED FUNDS		 9.
RESTRICTED FUNDS		 9.
RESTRICTED FUNDS		 Transfer to
Be(ance unrestrkted Incoming Expended Balance
2022 funds resources resources 2023
E E E E
Mary Nnross Charitable
Trust (MKCTI:general acdvgte		 10,000 5,000
Property purchase 418~ 7,531 411,313
-MKCT, ground floorhnp~
and Ult
-GOWM, ERBF-ground floor~ts		 228~2
68~		 3,466
1,844		 124,766
66,394
-Tudor Trust, ground Boorand Uft 74,000 2,000 72,000
-Uft irutagatlon
-~Busses 08/09, flmt Sour~ts		 4r440
18W7		 120
508		 4320
18,299
-Capadty Bugders 09/10, first floor tmprovemmts 599 21455
Moseley Fesdval 8,206 7,521 685
1,792 1,871
Ptasttc Free Mote(W and Kings Heath
5106-~and
arketlng
Campaign		 2,649
815		 1,253 1396
815
5106-Pubgc Reabn Improvement (Farmers' Markeo 3,102 3,102
7,139 9,619 9,704
1,000
3,605 15,475
Povmr to Cfmnge 2,475 6,475
WMCA 139
Chrtstmm
Uglns Fund		 5,580 1,017
Ught Tres 2510 561
Food SOS 1,000 233 767
Hubgub 3,780 3,000
Moseley For Ukralner Engage for Ukrakm 16,000 6377 7,259
Moseley For Ukraine:
Mosefey For Ukraine:		 Horns ofEngbmd CF
oonauons		 3,135
3~		 2,635
2,143		 1,242
GBSIEP 8,058 8,058
771dfsg 3,175 84~ 74,512 778,153

10.
UNRESTRICTED FUNDS		 General fund
At 1March 2022 155,744
Transfer between
funds		 3,175
Net incoming
resources		 (11,483)
At28 February 2023 147,435

Other
Fixed Bank & current Current Total net
assets cash assets liabilities assets
6 E f E
Restricted funds 734,121 35,771 11,193 (2,933) 778,153
Unrestricted funds 83,638 77,100 15,542 (28,845) 147,435
817,759 112,871 26,736 (31,778) 925,588

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 2B FEBRUARY 2023 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 2B FEBRUARY 2023 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 2B FEBRUARY 2023 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 2B FEBRUARY 2023 (continued)
14.
DETAIIED INCOME		 AND EXPENDITURE ACCOUNT
E
INCOME
Grarite 732HB 20~
Rental
Income		 gdv522 63~
Room Hfre
~g Membeahlp
~Servlan		 5I1161
44,146
23,961		 272Nd
26472
16~
Donatkxn 16,937 10~
Mlsceganeous
Income &Bank Intennt		 4,721 6$22
272WT
Bugdlng Securky 1,283 1,148
Buslnem Rates 37735 3,646
Geenfng SuppBes 2315
Ehchkhy 20~2 13,557
Gas
Refuse Cogectkm		 5,108
t~		 4354
504
Water Rates
Igract Benegdary Costs
teaRets, Print Ik~		 1,717
1,150
1233		 1,638
3593
Accountancy
fern		 tA72 1624
Bank charges &Interest
OSceCosts~&~		 606 306
578
837
Computer
Running Costs		 1289 k529
Equipment
Event Costs		 256
8~		 3,726
Insurance 22158 2590
Internet
Charges
Mobge~Costs
Pr fesshnal &Consultancy
~&Trdnhg
~(Exchange)		 Fees 3,417
706
605
1,900
970		 2457
562
566
1,190
69
388
Staff &Board Trahhg 150
748 523
Subsaf pthns 870 918
Sumhy Expenses 22138 387
Tdephone 317 405
Travd &Accommodation Expenses 232
Wetnltes 8 Pubgdty 1,616 1145
BuMlng Repala &Mahtenance
ErllpfoyePS NK		 3~ 24,157
52%5
Emptoyeds
Pension		 SA66 4~1
reelance Staff 20,109 730
Gross Salaries 138,697 154WS
Haslthaue 169
Vohmteer Qnts
Bad Debts
land &Buikgngl~~		 70
2D,659
Ogke Etpdpmem
Depredatkm		 2,936
Ikdaei

16.
Notes tothe statement		 ofcash flows
2023 2022
E E
Recondgadon
ofnet movement		 in funds to net cash flow from operating activities:
Net movement
in funds forthe		 reporting period (as per the statement (1,194) (94,422)
offinancial activities)
Adjustments
for:
Depreciation
charges		 23,596 23,595
Dividends,
interest and rents from investments		 942
Loss/(profit)
on the sale offixed		 assets
(Increase)/decrease
in debtors		 1,295 (20,861)
(Increase)/decrease
in creditors		 5,522 10,735
Net cash provided
by (used in)		 operating activities 28,277 (80,953)
Analysis ofcash and cash equivalents: 2023 2022
E E
Cash in hand 112,871 164,603
Notice deposits (less than 30days)
Overdraft
facility payable on demand
Total cash and cash equivalents 112g71 164,603