## ## |||~PN|.| |---|---|---|---| |Report of|the Trustees IDirectors|3-9|| |Report of|the Auditors|10 - 12|| |Statement|of Financial Activities|13|| |Balance Sheet||14|| |Statement|of Cash Flows|15|| |Notes to the Financial Statements||16 - 26|| ## ## |Reference and Administrative|Reference and Administrative|Reference and Administrative|Information|Information||||| |---|---|---|---|---|---|---|---|---| |C~ib|||||1089313|||| ||||||4268143|||| |Chairman:|||||PJWoolas|||| |CEO:|||||A Reeves|||| ||||||A C Sever|||| ||||||Hollinwood|Business Centre||| ||||||Albert Street|||| ||||||Oldham|||| ||||||OL8 3QL|||| |Auditors:|||||Wrigley
Partington|||| ||||||Sterling House|||| ||||||501 Middleton||Road|| ||||||Chadderton|||| ||||||Oldham|||| ||||||OL9 9LY|||| |Bankers:|||||Royal Bank|of|Scotland|| ||||||Drummond|House||| ||||||1 Redheughs|Avenue||| ||||||Edinburgh|||| ||||||EH12 9JN|||| |Solicitors:|||||Wrigley Claydon|||| ||||||29 - 33 Union Street|||| ||||||Oldham|||| ||||||OL1 1HH|||| ||||||Rathbone
Brothers Pic|||| ||||||8 Finsbury
Circus|||| ||||||London|||| ||||||EC2M 7AZ|||| |Trustees at date of this re||orb|||PJWoolas|(Chairman)||| ||||||L G Coop|||| ||||||JJones|||| ||||||R Oldham|||| ||||||D Reay|||| ||||||J Devlin|||| ||||||S N Meredith|||| |Other trustees|who served|durin|the|ear|TWalter (resigned 21.09.22)|||| ||||||M Ruane (resigned 22.06,22)|||| ||||||C Sall (resigned||13.06.23)|| ||||||A RWalker (resigned 13.07.23)|||| ||||||M Littler (resigned 13.07.23)|||| ||||||RW Gregory|(appointed||28.03.23| ||||||and||resigned|03.08.23)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2023|||2022|| |---|---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Unrestncted|Restricted|Total| ||||Note|Funds|Funds|Funds|Funds|Funds|Funds| |||||E|E|E|E|E|E| |INCOME|||||||||| |Donations
and legacies|||2|4,086||4,086|11,892||11,892| |Charitable
acfiviliesi|||||||||| |Service delivery|||3|4,274,338||4,274,338|3,593,258||3,593,258| |Other trading
activities:|||||||||| |Fundraising|events||||||||| |Investmenl
income|||5|94,348||94,348|66,164||66,164| |Other|||5|5,041||5,041|||| |Total incoming
resources||||4,377,813||4,377,813|3,671,314||3,6'71,314| |EXPENDITURE|||||||||| |Raising funds|||7|2,454||2,454|1,412||1,412| |Chantable
activities:|||||||||| |Service delivery
Governance|||7
7|4,242,458
47,329||4,242,458
47,329|3,728,059
43,231||3,728,059
43,231| |Total expenditure|||7|4,292,241||4,292,241|3,772,702||3,772,702| |Net incoming resources||before|||||||| |investment
gains/(losses)||||85,572||85,572|(101,388)||(101,388)| |Net gains/(losses)
on investments|||13|(272,371)||(272,371)|88,531||88,531| |Net income/(expenditure)||||(186,799)||(186,799)|(12,857)||(12,857)| |Transfers
between funds|||22||||||| |Net movement
in funds||||(186,799)||(186,799)|(12,857)||(12,857)| |Reconciliation offunds|||||||||| |Total funds brought
forward||||4,096,829||4,096,829|4,109,686||4,109,686| |Total funds carried forward|||22|3,910,030||3,910,030|4,096,829||4,096,829| ## ## |||Note|2023
6|2022f| |---|---|---|---|---| |FIXEDASSETS||||| |Tangible assets||12|126,168|138,690| |Investments||13|3,342,167|3,526,879| |Total fixed assets|||3,468,335|3,665,569| |CURRENT ASSETS||||| |Debtors||14|544,049|95,271| |Cash at bank and|in hand||266,864|727,938| |Total current assets|||810,913|823,209| |LIABILITIES:||||| |Creditors
falling due within one year|||369,218|391,949| |Net current assets|||441,695|431,260| |Net assets||23|3,910,030|4,096,829| |THE FUNDS OF THE CHARITY||||| |Restricted income|funds|22||| |Unrestricted
funds:||22|3,910,030|4,096,829| |Total charity funds||22|3,910,030|4,096,829| ## ## ||||||Nate|2023|2022| |---|---|---|---|---|---|---|---| |||||||E|E| |Cash used in operating|activities|||||(402,946|(417,654| |Cash flows from investing
activities|||||||| |Interest income||||||39|| |Dividend
income||||||94,309|66,164| |Purchase
oftangible
fixed|assets||||12|(64,817)|(58,089)| |Purchase
offixed asset investments|||||13|(87,659)|(1,259,687)| |Proceeds from fixed asset|disposals||||||| |Cash provided
by (used|in) investing||activities|||58,128|1,251,612| |Increase/(decrease)
in cash and cash|||equivalents||||| |in the year||||||(461,074)|(1,669,266)| |Cash and cash equivalents|at the beginning|||ofthe year||727,938|2,397,204| |Total cash and cash equivalents||at the end ofthe year|||15|266,864|727,938| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||2023|2023|2023|2022| ||||||6||5|6| |2|Income from||donations|and le acies||||| ||Donations||||4,086||4,086|11,892| ||I egames|||||||| ||||||4,086||4,086|11,892| |3|Income from||charitable|activities||||| ||Service delivery:|||||||| ||Centre courses||||31,214||31,214|33,123| ||Engineering|services|||1,000||1,000|2,772| ||Protects and||research||3,805||3,805|| ||Assessments||||20,020||20,020|12,308| ||Consultancy|snd audit work|||3,846||3,846|210| ||Publications||||5,548||5,548|8,657| ||Products||||11,092||11,092|2,090| ||Voiceitt App|||||||24,458| ||NHSincome||||4,132,432||4,132,432|3,476,676| ||Partnerships||(formerly service level agreements)||65,381||65,381|32,964| ||||||4,274,338||4,274,338|3,593,258| ||Income from||other tradin|activities||||| ||Fundraising|events||||||| |5|Investment|income||||||| ||Interest on listed investments||||39||39|| ||Dividends
on||listed investments||94,309||94,309|66,164| ||||||94348||94348|66 164| |6|Other income|||||||| ||Student placements||||4,709||4,709|| ||Other||||332||332|| ||||||5,041||5,041|| ## ## ## |7|Total resources ex ended|Total resources ex ended|Total resources ex ended|Total resources ex ended|||||| |---|---|---|---|---|---|---|---|---|---| |||||||Charitable|activities||| |||||||||Total|Total| |||||||||2023|2022| |||||||||8|8| ||Costs directly allocated|||fo activities|||||| ||Payroll and associated||costs||2,274|1,703,588||1,705,862|1,531,600| ||Materials|||||7,567||7,567|4,113| ||Ad vert i sf ng|||||4,265||4,265|52,559| ||Motor expenses|||||4,451||4,451|2,571| ||Travel and accomodation|||||94,693||94,693|79,602| ||Equipment
for service||delivery|||1,205,805||1,205,805|931,546| ||Consultancy|||||29,001||29,001|31,651| ||Fundraising
costs||||180|||180|213| ||Bad debts||||||||| ||Depreciation|||||58,367||58,367|56,314| ||Computer
costs|||||64,042||64,042|64,950| ||||||2,454|3,171,779||3,174233|2 755 119| ||Supportcosts||||||||| ||Payroll and associated||costs|||380,375|35,479|415,854|426,944| ||Staff training|||||29,1D9||29,1D9|12,599| ||Personnel,
recruitment||and CRB|||9,750||9,750|13,017| ||Rent and rates|||||147,631||147,631|141,518| ||Insurance|||||19,082||19,082|17,838| ||Light, heat and water|||||19,930||19,930|14,172| ||Repairs and maintenance|||||16,673||16,673|12,642| ||Printing,
stationery|and postage||||20,955||20,955|20,480| ||Subscriptions
and journals|||||24,710||24,710|21,539| ||Telephone|||||5,414||5,414|6,335| ||Equipment
hire|||||1,283||1,283|1,144| ||Audit||||||11,850|11,850|9,000| ||Accountancy|||||2,100||2,100|2,000| ||Legal and professional|||||10,452||10,452|13,473| ||Bank charges|||||3,758||3,758|3,777| ||Sundries
and cleaning|||||4,055||4,055|7,853| ||Irrecoverable
VAT|||||333,356||333,356|248,217| ||Depreciation|||||18,972||18,972|34,838| ||Loss on fixed asset disposals||||||||| ||External
projects|||||14,136||14,136|| ||Research and development|||||1,822||1,822|2,980| ||Computer costs|||||7,116||7 116|7217| |||||||1 070,679|47329|1,118,008|I 017,583| ||Total resources expended||||2,454|4,242,458|47,329|4,292,241|3,772,702| ## ## ||||||||Total|Total| |---|---|---|---|---|---|---|---|---| |8|Staff costs||||||2023
f|2022
f| ||Total staff emoluments|for the year were|||as|follows||| ||Salaries
National
Insurance
Pension (see note 21)||||||1,611,874
176,043
333,799|1,479,902
150,944
327,698| ||||||||2,121,716|1,958,544| |9|Staff numbers|||||||| ||The average
number of|full-time||equivalent|employees||and secondees|| ||duding
the year were as|follows.||||||| ||||||||Number|Number| ||Charitable
activities:|||||||| ||Service delivery||||||37.9|38.6| ||Governance||||||05|0.5| ||Raising funds|||||||| ||||||||38.4|39.1| ||The number ofemployees||whose emoluments|||amounted|to more than F60,000 in the year were|| ||||||||Nliliibef|Number| ||Setween f60,000 and f70,000|||||||| ## ## |Net movement
in funds
is|arrived at after charging|/(crediting):||| |---|---|---|---|---| |Depreciation
oftangible
fixed assets
(Profit)/loss
on revaluation
offixed asset investments
Operating
lease rentals
Auditors'
remuneration:|||77,339
(272,371)
133,983|91,152
(88,531)
123,176| |Audit
Other services|||11,850
2,100|9,000
2,000| ## ## |Leasehold|Leasehold|Fixtures 8|Computer|Assessment|Motor|| |---|---|---|---|---|---|---| |alterations||Fittings|Equipment|Equipment|Vehicles|Total| |Cost||||||| |At 1 April 2022|90,291|125,596|131,815|600,779|12,528|961,009| |Additions||525|1,594|62,698||64,817| |Disposals||||||| |At 31 March 2023|90,291|126,121|133,409|663,477|12,528|1,025,826| |At 1 April 2022|83,789|95,217|117,634|515,382|10,297|822,319| |Charge for the period|3,071|7,650|7,694|58,367|557|77,339| |Disposals||||||| |At 31 March 2023|86,860|102,867|125,328|573,749|10,854|899,658| |Net BookValue||||||| |At 31 March 2023|3,431|23,254|8,081|89,728|1,674|126,168| |Al 31 March 2022|6,502|30,379|14,181|85,397|2,231|138,690| |Fixed asset investments||||||| |Movement
in fixed asset|investments:||||2023|2022| ||||||F|6| |Market value at 1 April 2022|||||3,526,879|2,178,661| |Additions
to investments|at cost||||87,659|1,259,687| |Net gain/(Iosp)
on revaluation||||||88,531| |Market value at 31 March|2023||||3,342,167|3,526,879| |Fixed asset investments|by type:||||2023|2022| ||||||6|6| |LIK equity funds|||||1,736,002|1,842,734| |Overseas
equity funds|||||1,603,882|1,681,065| |Total listed investments|||||3,339,884|3,523,799| |Cash on interest bearing|deposit||||2,283|3,080| ||||||3,342,167|3,526,879| ## ## ## ## |||||||||2023f|2022
8| |---|---|---|---|---|---|---|---|---|---| |14|Debtors|and|re a|ments|||||| ||Trade debtors|||||||355,868|23,738| ||Prepayments||and accrued|||income||188,181|71,533| |||||||||544,049|95,271| |15|Cash at|bank|and in|hand|||||| ||Cash at|bank||||||266,864|727,938| ||Cash in|hand|||||||| |||||||||266,864|727,938| |16|Creditors: amounts|||fallin||due within one|ear||| ||Trade creditors|||||||244,800|150,174| ||Value Added Tax|||||||6,940|4,095| ||PAYE and
Nl||||||||| ||Pension|contributions|||||||| ||Accruals|||||||62,705|56,373| ||Deferred|income||||||54,773|181,307| |||||||||369,218|391,949| ||Movements
on||deferred||income account:||||| |||Brought forward||||||181,307|321,937| |||Released||||||(181,307)|(321,937)| |||Income deferred||||in current year||54,773|181,307| |||||||||54,773|181,307| ## ## ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| |||||6|6| |Expiring|within||1 year||38,476| |Expiring|within||2 - 5years|606,512|| |Expiring|affer|5|years||| ## ## ## |||At||||At| |---|---|---|---|---|---|---| |||1 April|Incoming|Resources|Investment|31 March| |||2022|resources|expended|gains|2023| |||5|6|5|5|5| |Resricied Funds:||||||| |Funds forrestricted purposes||||||| |Unrestricted|funds:|||||| |General fund||4,096,829|4,377,813|(4,292,241)|(272,371)|3,910,030| |Total||4,096,829|4,377,813|(4,292,241)|(272,371)|3,910,030| ## |Anal
si|s of net assets between
fund|s|||| |---|---|---|---|---|---| |||Genera
I|Designated|Restricted|Total| |||Funds|Funds|Funds|Funds| |||5|6|f|5| |Tangible|fixed assets|126,168|||126,168| |Fixed asset investments||3,342,167|||3,342,167| |Debtors||544,049|||544,049| |Cash at|bank and
in hand|266,864|||266,'864| |Creditors|due within one year|(369,218)|||(369,218)| |Net assets 31 March 2023||3,910,030|||3,910,030| ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| |||||||||g|E| |Net movement
m funds||||||||(186,799)|(12,857)| |Add back depreciation||charge||||||77,339|91,152| |Add back assessment||equipment||transferred|||to clients||| |Add back (profit)/loss|on revaluation||||of investments|||272,371|(88,531)| |Deduct interest income||shown|in|investing||activities||(39)|| |Deduct dividend
income shown|||in investing||||activities|(94,309)|(66,164)| |Decrease/(increase)|in|debtors||||||(448,778)|7,144| |Increase/(decrease)|in|creditors||||||~722, 731|~348,398| |||||||||(402,946)|(417,654)| ##