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2022-10-31-accounts

Company number: 4278158 Charity number: 1089419

WASTE NOT WANT NOT LIMITED

DIRECTORS’ REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

•wASTE NOT WANT NOT CREATING COMFORTABLE HOMES AT AFFORDABLE PRICES

WASTE NOT WANT NOT LIMITED

FOR THE YEAR ENDED 31 OCTOBER 2022

Contents

Pages
Company information 1
Trustees’ report 2 - 9
Independent examiners report 10
Statement of fnancial activities 11
Balance sheet 12
Notes to the fnancial statements 13 - 20

1

WASTE NOT WANT NOT LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2022

Directors/Trustees Robert Nation - Chair
Raymond Dawson – resigned 24/03/22
Elizabeth Hitchens
Maureen Lloyd
Gillian Marigold-Jackson
Rose Loud
Elaine Clarke
Treasurer Elaine Clarke
Registered ofice 303/305 Hungerdown Lane
Chippenham
Wiltshire
SN14 0JJ
Registration number 4278158 England and Wales
Charity number 1089419
Independent examiner Mrs B Moss FCA
The Alanbrookes Group Ltd T/a JS Weeks & Co
10 Market Place
Devizes
Wiltshire
SN10 1HT

2

WASTE NOT WANT NOT LIMITED

TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

Trustee’s Report For the year ended 31 October 2022

We present our report and financial statements for the year ended 31 October 2022. We 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 2015) – Charities SORP (FRS102)) and the Companies Act 2006.

1. STRUCTURE, GOVERNANCE and MANAGEMENT

Waste Not Want Not (WNWN) is a limited company by guarantee and a charity registered in England with the Charity Commission.

Our governing document is our Memorandum and Articles of Association. In the event of WNWN being wound up our liability as Trustees is limited to a sum not exceeding £1. As existing Trustees, we elect new Trustees in accordance with the Articles of Association. On appointment, all new Trustees receive a copy of the Memorandum and Articles of Association, an induction pack, which includes information on their role, disclosure and declaration of interests form and the Charity Commission booklet ‘Essential Trustee’. Training is made available to all Trustees as required. As Trustees we meet as a board on a regular basis to set strategy and monitor performance. We delegate to the Manager the task of day-to-day management of WNWN, which he carries out to a high standard.

2. OBJECTIVES AND ACTIVITIES

VISION Creating comfortable homes at affordable prices

MISSION

Waste Not Want Not aims to reduce the effects of poverty, tackles waste and offers a brighter and better future to some of the most financially disadvantaged individuals in our community.

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WASTE NOT WANT NOT LIMITED

TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

OBJECTIVES

3. TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The purpose of this statement is to distinguish our responsibilities in relation to financial statements and accounting records from those of the auditors as stated in their report.

Charity and company law require us as Trustees to prepare financial statements for each financial period, which give a true and fair view of the state of affairs and of the incoming resources and application of resources of the company for that period. In preparing those financial statements we are required to:

As Trustees we are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the company and also for ensuring that the financial statements comply with relevant legislation. We are responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

4. SMALL COMPANY EXEMPTIONS

4

This report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

5

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TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

5. FINANCIAL RESULT AND RESERVES

The statement of financial activities on page 9 shows the incoming resources and the application of those resources for WNWN. The key factors are as follows:

The Trustees have resolved to maintain a contingency fund at a level that equates to between three and six months of the budgeted operational costs. This would provide a cushion against fluctuations in income and would enable WNWN to continue with its current activities. At 31 October 22 this contingency reserve is £40,000, which is within the reserves policy of WNWN.

6. INVESTMENT POLICY

As there is a relatively low level of funds available for investment, we consider bank deposits provide a satisfactory return to WNWN. In the year to 31 October these have been short term deposits with WNWN’s banker and other UK regulated banks.

7. RISK MANAGEMENT

As Trustees we review the major risks that WNWN faces on a regular basis and carry out periodic reviews of the controls over key financial systems. We also consider other financial, operational and business risks faced by WNWN, especially the maintenance of adequate reserves and have ensured that insurance cover has been reviewed and updated. As Trustees we confirm that systems have been established to mitigate, as far as possible, any significant risks.

The media continues to give much publicity to the effect of the cost-of-living crisis on millions of people that were already struggling to cope on tight budgets. Many are now forced during the winter months to make a daily choice of eating or heating.

6

Reports published by the Joseph Rowntree Foundation in 2022 show that in the last ten years:

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TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

Wiltshire Council’s Economic Unit ranks its 281 community areas by indices of deprivation.

The results show that WNWN looks after 11 of the most deprived areas in Wiltshire’s top 20.

Our potential customers are finding it increasingly easy to purchase items via internet social media platforms. We are embracing the challenges this presents and in the past year have significantly increased our online presence. Pictures of new stock items are posted regularly on our Facebook pages as well as in local buy/sell Facebook groups.

We are aware that risk is not fixed and that everyone should be aware of their environment for changes as and when they may occur. For this reason, WNWN continues to involve staff in developing future plans, ensuring risks of any nature are explained and understood. Training of staff continues to be a priority as does the recruitment of volunteers and Trustees with the appropriate skills to cover roles as required.

8. PUBLIC BENEFIT

8

As Trustees we have kept in mind the Charity Commission’s guidance on public benefit. The focus of our charitable activities during the year is set out in our statements on “Objectives and Activities” and “Achievements and Performance” and these explain how as a charity we have delivered public benefit.

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TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

9. ACHIEVEMENTS AND PERFORMANCE

During 2022 WNWN:

We continue to work closely with Wiltshire Council, local charities and community organisations, such as SSAFA, housing associations, Splitz, Lions Clubs, Community First and Alabare. These partnerships help us reach the people who are most in need of our services.

As Trustees we are very grateful to all those who made donations and grants during the year, as without that help, it would not have been possible for WNWN to maintain and develop its operating activities along with its training and volunteering programmes.

To keeps its prices as low as possible for its financially disadvantaged clients WNWN endeavours to raise funding each year to help offset its running costs.

In 2022, £35,200 of funding was raised which in effect subsidised the price WNWN needed to charge for its goods by 27%.

WNWN is profoundly grateful to the following for financial support in 2022:  National Lottery Reaching  Leather Sellers Foundation

10

Communities Fund

WASTE NOT WANT NOT LIMITED

TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

During 2022 WNWN hosted 23 volunteer placements.

With Covid restrictions lifted WNWN was once more able to host weekly work experience attachments from local Secondary Schools. Of the 23 volunteers that helped WNWN during 2022:

Sincere thanks to Greensquare Group, a large social housing provider, which also provides valuable ‘in-kind’ support. This takes the form of printing WNWN’s publicity leaflets and giving valuable help and professional advice when needed.

WNWN would like to acknowledge the continued support of the Wiltshire Community Foundation (WCF). All WCF staff are friendly, supportive and very knowledgeable about how best to support work in the charitable and voluntary sector.

RAY DAWSON

During 2022 Ray Dawson a serving WNWN Trustee and previous Chairman of the charity passed away have bravely battled against deteriorating health for several years.

Ray originally introduced himself to WNWN in July 2014 stating he had retired from business life and had a strong desire to offer his services to help others.

11

Ray was an active volunteer and moved away from these physical duties some two years later to become a WNWN Trustee and then eighteen months later he offered to take on the role of Chairman when a vacancy arose.

Ray handed over the role of Chairman to his fellow Trustee Bob Nation and remained on the Board making an active contribution right up until the time of his demise.

WNWN certainly benefited from the time that Ray so willingly gave to the charity. His positive leadership when Chairman of the Trustees enabled the charity to survive during what were some very testing periods

WASTE NOT WANT NOT LIMITED

TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

FUTURE PLANS

The manager will continue to review the pricing of our goods to ensure our customer base is able to afford the essential items needed to furnish a home. The manager must ensure that at all times there are similar items available at the standard affordable rate.

A new lease was signed on behalf of WNWN replacing the original lease that expired some five years ago. The delay in the lease being completed was due initially to WNWN being asked to find alternative premises when the whole building was to be converted into residential flats.

The landlord later decided that converting the ground floor for residential use was not cost effective. On this basis WNWN was allowed to remain in situ albeit the rent was increased to £27,500 per annum from £14,250. The increase reflected the fact the rent had been static for 10 years and the whole building and its surrounding area were to be refurbished.

FUNDING.

We have continued to be supported by Greensquare Accord, The Co-Op Community Fund and others including the ongoing funding from the Lottery. Gaining agreement to retain the sale proceeds of the van has provided us with some fourth-year funding from the Lottery. Fundraising never ends and we currently have bids in the process with more to go into the pipeline shortly. Grant funding applications will be targeted towards capital expenditure and specific projects.

PUBLICITY.

Our increasingly effective social media presence has helped to keep us in the public’s eye and this will continue to be area to focus upon. During the year our efforts and those of the volunteers have increased the number of Facebook followers from around 5,000 to 5,700.

12

PARTNERSHIPS.

We have worked on building partnerships with other charities where synergy exists such as with Doorway which offers support for the homeless. We have also worked with local and county councils and social services departments, housing associations and domestic abuse refuges to provide support for those in most need using our successful Fresh Start scheme. We have continued to offer volunteering opportunities to local people and to work with the Building Bridges Programme which seeks volunteering placements for those they support. Other forms of collaboration are always being sought and where these are viable, they will be actively pursued.

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TRUSTEE’S REPORT

FOR THE YEAR ENDED 31 OCTOBER 2022

INDEPENDENT EXAMINERS

JS Weeks & Co have indicated their willingness to continue and will be proposed for reappointment.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

For and on behalf of the Trustees

Robert Nation - Chair

14

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF WASTE NOT WANT NOT LIMITED

I report on the accounts of the company for the year ended 31 October 2022, which are set out on pages 10 to 20.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2)of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

15

.........................................

Mrs B Moss FCA The Alanbrookes Group Ltd T/a JS Weeks & Co 10 Market Place Devizes Wiltshire SN10 1HT

14 March 2023

WASTE NOT WANT NOT LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 OCTOBER 2022

Total Total
RestrictedUnrestricted
Funds Funds
Funds Funds 2022 2021
Notes £ £ £
Incoming resources
Incoming resources from
General funds:-
Voluntary income:-
Donations 2 - 462 462 13791
Activities for generating funds:-
Others 2 - 112145 112145 85193
Investment income 2 - 153 153
Incoming resources from
Charitable activities:-
Grants 2 21103 - 21103 16896
-------- -------- -------- --------
Total incoming resources 21103 112760 133863 115886
-------- -------- -------- --------
Resources expended
Charitable activities 3 21103 107460 128563 129115
Governance costs 3 - 2588 2588 2563
-------- -------- -------- --------
Total resources expended 21103 110048 131151 131678
-------- -------- -------- --------
Net movement in funds (-) 2712 2712 (15792)
Reconciliation of funds
Total funds brought forward 17500 47034 64534 80326
Reallocation of funds - (4000) (4000)
-------- -------- -------- --------

16

Total funds carried forward 17500 45746 63246 64534
===== ===== ===== =====

The notes on pages 11 to 20 form an integral part of the financial statements.

17

WASTE NOT WANT NOT LIMITED BALANCE SHEET AS AT 31 OCTOBER 2022

2022 2021


2021		 2
Notes £ £ £
Current assets
Stock 7 2869 1872
Debtors and prepayments 8 7153 22721
Cash at bank 105929 75113
-------- --------
115951 99706
Creditors:Amounts falling due within
one year 9 (52705) (35172)
-------- --------
63246 64534
-------- --------
Net assets 10 63246 64534
===== =====
Capital and reserves
General fund 5746 17034
Restricted funds 17500 17500
Designated funds 3b 40000 30000
-------- --------
63246 64534
===== =====

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime

The financial statement on pages 11 to 20 were approved by the Trustees, and authorised for issue on 14 March 2023 and signed on their behalf by:-

…………………………………. Robert Nation Chair Waste Not Want Not Company Number: 4278158 England and Wales Charity Number: 1089419

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WASTE NOT WANT NOT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

1. Charity status

The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

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) (effective 1 January 2015) - (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

Waste Not Want Not Limited 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.

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.

Transition to FRS 102

In preparing the accounts, the trustees have considered whether in applying the accounting polices required by FRS 102 and the Charities SORP 102 a restatement of comparative items was required. No restatements are required as a result of the transition to FRS 102.

19

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.

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WASTE NOT WANT NOT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

Donations

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.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

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.

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.

21

Tangible fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

22

WASTE NOT WANT NOT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if they do not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

2. Income resources

Income resources
Total Total
RestrictedUnrestricted funds funds
funds funds 2022 2021
£ £ £ £
Voluntary income:-
Grants and Donations - 207 207 13550
Local Giving - 255 255 241
-------- -------- -------- --------
- 462 462
13791
===== ===== ===== =====
Activities for generating funds:-
Furniture Sales - 111518 111518 63406
Gift Aid Refunded - 627 627 2039
Bank Deposit Interest - 153 153 6
Coronavirus Job Retention Scheme - - - 6532
Insurance Claim - - - 18511
Loss on Sale of Motor Vehicle - - -
(5295)
-------- -------- -------- --------
- 112298 112298 85199
===== ===== ===== =====
Incoming resources for charitable activities:-
Grants:-
Wessex Water 2500 - 2500 -
Lions Club 1000 - 1000 -
CFWS 5000 - 5000 -
Wiltshire Council - - - 699
National Lottery 12603 - 12603 16197
-------- -------- -------- --------
21103 - 21103 16896
===== ===== ===== =====
Total incoming resources 21103 112760 133863
115886
===== ===== ===========

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

3a. Total resources expended

Total Total
RestrictedUnrestricted funds funds
Governance funds funds 2022 2021
£ £ £ £ £
Cost Directly Allocated to Activities
Furniture purchases - - 15659 15659 6616
(Adjusted for stock)
Staf costs and pensions - 5000 34614 39614 57057
Volunteer’s expenses - 2500 2890 5390 3610
Rent & Rates of Property - 13063 208 13271 12143
Light & Heat - - 3691 3691 1993
Workshop/Property expenses - - 3832 3832
2156
Electrical Testing/Disposal - - 1930 1930
6327
Vehicles:-
Fuel - - - - 278
Other costs including hire - - 29668 29668
20168
Insurances - - 2998 2998 2657
Advertising & Promotions - - 260 260
795
Ofice expenses - - 2530 2530 1959
Telephone - - 1418 1418 934
Professional Fees 2588 540 2626 5754 8266
Bank & credit card charges - - 1237 1237
1008
Miscellaneous & Sundry - - 3899 3899 1346
Depreciation:-
Motor Vehicles - - - - 4365
-------- -------- -------- -------- --------
Total resources expended 2588 21103 107460 131151
131678
===== ===== ===== ===== =====

3b. Designated Fund

The charity aims to hold sufficient reserves to cover at least 3 months of the annual budgeted operating costs in the form of a contingency reserve.

4. Net incoming resources are stated after charging

2022 2021

26

£

£

Depreciation

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

5. Staff costs

2022 2021
£ £
Salaries and wages (including employers national insurance)
39614 57057
===== =====

There were no employees with emoluments in excess of £60000 per annum.

6. Stock

Items purchased for resale valued at a cost of £2869. Items donated for resale valued at nil.

7. Debtors and prepayment

RestrictedUnrestricted RestrictedUnrestricted RestrictedUnrestricted Total Total
funds funds 2022 2021
£ £ £ £
VAT repayable - 3218 3218 1709
Prepayments - 3935 3935 2501
Other debtors - - - 18511
-------- -------- -------- --------
- 7153 7153 22721
===== ===== ===== =====

8. Creditors: - amounts falling due within one year

RestrictedUnrestricted RestrictedUnrestricted Total Total
funds funds 2022 2021
£ £ £ £
Trade creditors - 1569 1569 659
Other creditors - 542 542

516

27
Accruals - 825 825 785
Income received in advance - 49769 49769
33212
-------- -------- -------- --------
- 52705 52705 35172
===== ===== ===== =====

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

9. Analysis of net assets between funds

9.
Analysis of net assets between funds
RestrictedUnrestricted Total
funds funds funds
£ £ £
Tangible fxed assets - -
Current assets - 115951 115951
Current liabilities - (52705)
(52705)
-------- -------- --------
Net assets as at 31 October 2022 - 63246 63246
===== ===== =====

10. Movements in funds

10.
Movements in funds
**As at ** IncomingResourcesReallocation As at
01.11.21 resources expended
of Funds 31.10.22
£ £ £ £ £
Restricted funds 17500 21103 (21103) - 17500
Unrestricted funds 47034 112760 (110048) (4000) 45746
-------- -------- -------- -------- --------
Total funds 64534 133863 (131151) (4000) 63246
===== ===== ===== ===== =====