| Page No. | ||||
|---|---|---|---|---|
| Legal and Administrative | Information | |||
| Report ofthe Trustees | and | Directors | 2-4 | |
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes Forming Patt of | the | Financial | Statements | 7-12 |
| Accountant's Report |
13 |
| Directors aml Trustees | Directors aml Trustees | Directors aml Trustees | CSJones | |
|---|---|---|---|---|
| JRSmith | ||||
| RG Rutherford | ||||
| PR Sentence | ||||
| SFrancis | ||||
| Secretary | C SJones | |||
| Registered | Office | The Incredible | Design Company | |
| Ground Floor | ||||
| King's Court | ||||
| East Grinstead | Road | |||
| North Chailey | ||||
| Lewes | ||||
| East Sussex BN8 4DH | ||||
| Bankers | CAF Cash Limited | |||
| PO Box289 | ||||
| West Mailing | ||||
| Kent ME194TA | ||||
| Accountants | Begbies | |||
| Chartered Accountants |
||||
| 9Bonhill Street | ||||
| London | ||||
| EC2A 4DJ | ||||
| Charity Registration | Number | 1093222 |
| Summary income |
and | and | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| expenditure account |
Unrestricted | Restricted | Total | Total | |||||
| Geueral | Desiguated | ||||||||
| Fund | Funds | ||||||||
| Notes | g | ||||||||
| Income from:- | |||||||||
| Attendance fees |
52,724 | 52,724 | 46,792 | ||||||
| Donations and legacies |
45,062 | 12,970 | 17,716 | 75,748 | 98,760 | ||||
| Trading activities | 101,377 | 101,377 | 61,549 | ||||||
| Investment income |
3,340 | 3,340 | 2,644 | ||||||
| Other Income | 2,261 | 2,261 | 35,486 | ||||||
| Total income | 204,764 | 12,970 | 17,716 | 235,450 | 245,231 | ||||
| Expenditure on:— |
|||||||||
| Raising f&mds |
6 | 51,216 | 51,216 | 41,833 | |||||
| Charitable activities |
7 | 153,693 | 22,880 | - | 176,573 | 170,372 | |||
| Total expenditure | 204,909 | 22,880 | 227,789 | 212,205 | |||||
| Net income | (145) | (9,910) | 17,716 | 7,661 | 33,026 | ||||
| Transfer between | funds | 145 | 37,571 | (37,716) | |||||
| Other recognised | gains and | losses | |||||||
| (Losses)/Gains on |
investment | assets | (4,473) | - | (4,473) | 13,773 | |||
| Net movement in |
funds | 23,188 | (20,000) | 3,188 | 46,799 | ||||
| Reconciliation offunds |
|||||||||
| Total fuuds brought | forward | 100,000 | 227,017 | 20,000 | 347,017 | 300,218 | |||
| Total funds carried fonvar&1 | 100,000 | 250,205 | 350,205 | 347,0]7 |
| accountancy services, ins |
accountancy services, ins |
ura | nce and |
investment po |
rtfolio charges. | ||
|---|---|---|---|---|---|---|---|
| Donatious and Legacies |
2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | ||||
| g | g | ||||||
| Mr &Mrs Williams | 2,000 | 2,000 | 3,000 | ||||
| Tek Express | 7,680 | 7,680 | 7,680 | ||||
| Kalimex | 3,240 | 3,240 | 3,240 | ||||
| GMIFC Ltd | 1,100 | 1,100 | 1,200 | ||||
| Ernst Kteinwort | 4,766 | 4,766 | 5,000 | ||||
| Social Enterprise Support |
Fund | 30,000 | |||||
| Didymus | 5,000 | ||||||
| National Lottery Community |
Fund, | ||||||
| Awards For All, Centre Assistant | 10,000 | ||||||
| National Lottety Community | Fund, | ||||||
| Awards For All | 20,000 | 9,950 | 29,950 | ||||
| Chalk Cliff Trust | 4,200 | ||||||
| Edward Gosling Fund | 4,000 | ||||||
| Gatwick Airport Conununity | Trust | 2,350 | |||||
| Post Code Society | 14,629 | ||||||
| Tiny BoxCompany Ltd | 2,500 | ||||||
| The Goldberg Memorial | Trust | 3,000 | 3,000 | 3,000 | |||
| Firle Hill Climb | 2,000 | 2,000 | |||||
| Richard Rutherford | 1,000 | 1,000 | |||||
| East Brighton Golf Club | 5,311 | 5,311 | |||||
| Henry Smith Charity | 5,000 | 5,000 | |||||
| Hedley Foundation | 3,000 | 3,000 | |||||
| Day Aggregates Golf |
Day | 1,000 | 1,000 | ||||
| Jacky Jenkins | 1,000 | 1,000 | |||||
| Individual Donations |
under | f.1,000 | 5,701 | 5,701 | 2,961 | ||
| 58,032 | 17,716 | 75,748 | 98,760 | ||||
| Income from trading | activities | 2022 | 2021 | ||||
| Sale ofprinted promotional | items and clothing | 101,377 | 61,549 | ||||
| Investment Income |
2022 | 2021 | |||||
| g | |||||||
| Dividend income |
2,875 | 2,391 | |||||
| Interest receivable on |
cash deposits | 465 | 253 | ||||
| 3,340 | 2,644 |
| 5) | Other Iucome | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| g | g | |||||||
| Council grants and |
Government | furlough | scheme | 2,261 | 35,486 | |||
| 6) | (a) | Expenditure on |
2022 | 2021 | ||||
| raising funds | ||||||||
| Direct costs ofsale | of | |||||||
| printed promotional |
items and clothing: | |||||||
| Opening stock | 5,544 | 4,068 | ||||||
| Purchases | 44,218 | 29,275 | ||||||
| Less: closing stock | (5,736) | (5,544) | ||||||
| 44,026 | 27,799 | |||||||
| Fund Raising Costs | 7,190 | 14,034 | ||||||
| 51,216 | 41,833 | |||||||
| 6) | (b) | Net income from | activities general funds | 2022 | 2021 | |||
| g | g | |||||||
| Income from activities (Note 3) | 101,377 | 61,549 | ||||||
| Cost ofgenerating | funds (Note 6a) | (51,216) | (41,833) | |||||
| 50,161 | 19,716 | |||||||
| 7) | Charitable activities |
2022 | 2021 | |||||
| Overhead costs |
||||||||
| Staffcosts (Note | 8) | 128,449 | 122,615 | |||||
| Rent and Service | Charge | 16,083 | 16,500 | |||||
| Light and Heat | 2,909 | 2,114 | ||||||
| Telephone | 457 | 596 | ||||||
| Repairs and maintenance | 3,229 | 3,113 | ||||||
| Postage and stationery | 1,513 | 1,524 | ||||||
| Advertising &promotion |
116 | 80 | ||||||
| Printing costs | 1,399 | 1,257 | ||||||
| Computer expenses |
2,684 | 3,038 | ||||||
| Depreciation | 14,411 | 14,863 | ||||||
| Other administrative | costs | 1,304 | 1,102 | |||||
| 172,554 | 166,802 | |||||||
| Governance costs |
||||||||
| Accountancy | 1,430 | 1,325 | ||||||
| Insurance | 2,589 | 2,245 | ||||||
| 4,019 | 3,570 | |||||||
| Total charitable | activities | 176,573 | 170,372 |
| Staffcosts | 2022 | 2021 |
|---|---|---|
| Wages and salaries | 117,303 | 113,550 |
| Social security costs | 7,627 | 6,807 |
| Pension costs | 3,519 | 2,258 |
| 128,449 | 122,615 |
| 9) | Tangible fixed assets | Equipment |
|---|---|---|
| Cost | ||
| At 1 September 2021 | 128,316 | |
| Additions | 17,716 | |
| At 31 August 2022 | 146,032 | |
| Depreciation | ||
| At 1 September 2021 | 100,310 | |
| Charge for the Year | 14,411 | |
| At 31Augiist 2022 | 114,721 | |
| Net book value | ||
| At 31August 2022 | 31,311 | |
| At 31August 2021 | 28,006 |
| 10) | Fixed asset investments | 2022 | 2021 | |
|---|---|---|---|---|
| g | ||||
| Market value at 1 September | 2021 | 99,274 | 85,501 | |
| Unrealised (deficit)/gain on revaluation |
(4,473) | 13,773 | ||
| Market vahie at 31August 2022 | 94,801 | 99,274 | ||
| Historical cost at 31 August 2022 | 95,500 | 95,500 | ||
| Investments are held primarily |
to provide an investment | return for the charity. | ||
| The portfolio consists ofUK | listed Unit Trusts. | |||
| 11) | Debtors | 2022 g |
2021 f |
|
| Trade debtors | 6,178 | 3,521 | ||
| Value added tax | 579 | 162 | ||
| Prepayments and accrued income |
5,750 | 5,121 | ||
| 12,507 | 8,804 | |||
| 12) | Creditors: Amounts falling |
due within one year | 2022 | 2021 |
| g | ||||
| Trade creditors | 3,004 | 3,317 | ||
| Other taxation and social security | 2,467 | 2,964 | ||
| Accruals and deferred income | 2,653 | 3,820 | ||
| 8,124 | 10,101 |
| 13) | Movement in funds |
At | Transfers | Gains | At | ||
|---|---|---|---|---|---|---|---|
| ISept | Between | an&1 | 31Ang | ||||
| a) | This year | 2021 f |
Income f |
Expenditure | Funds | Losses | 2022 |
| Uurestricted funds- |
|||||||
| General fund | 100,000 | 204,764 | (204,909) | 145 | 100,000 | ||
| Designated funds: | |||||||
| Sponsorship fund |
8,177 | 12,970 | (22,880) | (1,733) | |||
| Capital development | 218,840 | 37,571 | (4,473) | 251,938 | |||
| 327,017 | 217,734 | (227,789) | 37,716 | (4,473) | 350,205 | ||
| Restricted funds |
|||||||
| Salary Suppoit | 20,000 | (20,000) | |||||
| Equipment grants |
17,716 | ~77,7167 | |||||
| 20,000 | 17,716 | (37,716) | |||||
| b) | Previous year | At | Transfers | Gains | At | ||
| ISept | Between | and | 31Aug | ||||
| 2020 | Iucome | Expenditure | Funds | Losses | 2021 | ||
| g | g | ||||||
| Unrestricted funds |
|||||||
| General fund | 100,000 | 183,032 | (196,285) | 13,253 | 100,000 | ||
| Designated funds: |
|||||||
| Sponsorship fund |
11,677 | 12,420 | (15,920) | 8,177 | |||
| Capital development | 188,541 | 16,526 | 13,773 | 218,840 | |||
| 300,218 | 195,452 | (212,205) | 29,779 | 13,773 | 327,017 | ||
| Restricted funds |
|||||||
| Salaiy Support | 20,000 | 20,000 | |||||
| Equipment grants |
29,779 | (29,779) | |||||
| 49,779 | (29,779) | 20,000 | |||||
| 14) | Trustees expenses and remuneration | ||||||
| The trustees all give freely oftheir time and expertise without | any form ofremuneration | or other | |||||
| benefit in cash or kind | (2021:XNil). |
| benefit in cash or kind | (2021:XNil). | (2021:XNil). | ||||
|---|---|---|---|---|---|---|
| No expenses were paid | to the trustees | in the year (2021:fNiI). | ||||
| 15) | Other financial commitments | 2022 | 2021 | |||
| g | ||||||
| Total future minimum | payments | under | non cancellable | |||
| operating leases |
30,000 | 45,000 |