| Trustees | D Levantine- | Chair | Chair | ||
|---|---|---|---|---|---|
| C Bechelet-Carter | |||||
| N Cockram | |||||
| A Jago | |||||
| V Seddon | |||||
| J Tickell | |||||
| M Cavaroli | |||||
| Secretary | D Levantine | ||||
| Charity number | 1096622 | ||||
| Company | number | 04557686 | |||
| Registered | office | No. 3 William | Booker Yard | ||
| The Street | |||||
| Walberton | |||||
| Arundel | |||||
| West Sussex | |||||
| BN18 OPF | |||||
| Independent | Examiners | Watling & Hirst Limited |
|||
| Cawley Place | |||||
| 15Cawley Road | |||||
| Chichester | |||||
| West Sussex | |||||
| PO19 1DZ | |||||
| Bankers | Lloyds Bank pic | ||||
| 10East Street | |||||
| Chichester | |||||
| West Sussex | |||||
| PO19 1HJ | |||||
| Investment | advisors | Atomos Wealth | & Financial Wellbeing | ||
| Pacific House | |||||
| 126Dyke Road | |||||
| Hove | |||||
| Brighton | |||||
| BN1 3TE |
| Page | ||
|---|---|---|
| Chairman's report |
||
| Trustees' report |
2-4 | |
| Statement oftrustees' | responsibilities | |
| Independent examiners' report |
||
| Statement offinancial | activities | |
| Balance sheet | ||
| Notes to the financial | statements | 9-18 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||
| Notes | 8 | 5 | f | |||
| INCOME FROM: | ||||||
| Donations and legacies |
614,354 | 11,350 | 625,704 | 341,434 | ||
| Other trading activities |
10,748 | 10,748 | 11,144 | |||
| Investments | 72,496 | 72,496 | 57,711 | |||
| TOTAL INCOME | 697,598 | 11,350 | 708,948 | 410,349 | ||
| EXPENDITURE ON: | ||||||
| Raising funds | 42,790 | 42,790 | 47,336 | |||
| Charitable activities |
472,620 | 10,273 | 482,893 | 472,748 | ||
| TOTAL EXPENDITURE | 515,410 | 10,273 | 525,683 | 520,084 | ||
| Net (losses)/gains on investments |
12 | (222,746) | (222,746) | 126,962 | ||
| Net movement in funds |
(40,558) | 1,077 | (39,481) | 17,227 | ||
| Funds balances brought |
forward | 2,415,931 | 5,696 | 2,421,627 | 2,404,400 | |
| Funds balances as at 31 March | 2023 | 2,375,373 | 6,773 | 2,382,146 | 2,421,627 |
| Raising fu | nds | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| 6 | 6 | ||||||
| Fundraisi | and | ublici | |||||
| Other fundraising | costs | 32,206 | 37,703 | ||||
| Investment | mana | ement | 10,584 | 9,633 | |||
| 42,790 | 47,336 | ||||||
| Charitable | activities | ||||||
| 2023 | 2022 | ||||||
| f | |||||||
| Staff costs | 370,136 | 396,479 | |||||
| Family and | children | events | 21,317 | 10,355 | |||
| Awards to | families | 46,300 | 31,944 | ||||
| Nurses expenses | 3,936 | 1,850 | |||||
| 441,689 | 440,629 | ||||||
| Support costs (induding | governance | costs —see note 8) | 41,204 | 32,119 | |||
| 482,893 | 472,748 |
| Supportcosts | ||||||
|---|---|---|---|---|---|---|
| Governance | 2023 | 2022 | Basis ofallocation | |||
| costsf | ||||||
| Depreciation | 1,157 | 1,157 | 548 | |||
| Motor expenses | 1,118 | 1,118 | (55) | Governance | ||
| Loss on disposal ofassets | Governance | |||||
| Independent examination |
fees | 1,800 | 1,800 | 675 | Governance | |
| General administration |
expenses | 17,190 | 17,190 | 13,539 | Governance | |
| Insurance | 1,861 | 1,861 | 971 | Governance | ||
| Property expenses | 18,078 | 18,078 | 16,441 | Governance | ||
| 41,204 | 41,204 | 32,119 | ||||
| Analysed between |
||||||
| Charitable activities |
41,204 | 41,204 | 32,119 |
| Number ofemployees The average monthly number employees during the |
year was: | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Number | Number | |||
| There were a total of 3(2022:3) full time equivalent | employees | in the year. | ||
| Employment costs |
2023 | 2022 | ||
| 6 | ||||
| Wages and salaries | 99,214 | 77,962 | ||
| Nurses' costs from NHS | 262,402 | 312,977 | ||
| Social security costs | 5,546 | 3,201 | ||
| Other pension costs | 2,974 | 2,339 | ||
| 370,136 | 396,479 |
| Net gains/( | loss | es) on investments |
||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Revaluation | of | investments | (155,563) | 144,316 |
| Gain/(loss) | on | sale of investments | (67,183) | (17,354) |
| (222,746) | 126,962 |
| 13 | Tangible fixed assets | Tangible fixed assets | ||||
|---|---|---|---|---|---|---|
| Office | Motor | |||||
| eouioment | vehicles | Total | ||||
| 8 | 5 | |||||
| Cost | ||||||
| At 1 April 2022 | 18,540 | 18,540 | ||||
| Additions in |
the year | 12,756 | 12,756 | |||
| Disposais in |
the year | |||||
| At 31 March | 2023 | 18,540 | 12,756 | 31,296 | ||
| Depreciation | and impairment | |||||
| At 1 April 2022 | 17,383 | 17,383 | ||||
| Depreciation | on disposals | |||||
| Depreciation | charged | in the year | 625 | 532 | 1,157 | |
| At 31 March | 2023 | 18,008 | 532 | 18,540 | ||
| Net book value | ||||||
| At 31 March | 2023 | 532 | 12,224 | 12,756 | ||
| At 31 March | 2022 | 1,157 | 1,157 | |||
| 14 | Fixed asset | investments |
| 14 | Fixed ass | et inves | tmen | ts | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Listed | ||||||||||
| investments | ||||||||||
| 6 | ||||||||||
| Cost or valuation | ||||||||||
| At 1 April | 2022 | 2,301,507 | ||||||||
| Additions | 871,620 | |||||||||
| Disposals | (798,278) | |||||||||
| Valuation | changes | (155,563) | ||||||||
| At 31 March 2023 | 2,219,286 | |||||||||
| Fair value | ||||||||||
| At 31 March 2023 | 2,219,286 | |||||||||
| At 31 March 2022 | 2,301,507 | |||||||||
| 15 | Financial | instruments | 2023 | 2022 | ||||||
| f | 5 | |||||||||
| Carrying | amount | offinancial | assets | |||||||
| Debt instruments | measured | at | amortised | cost | 4,633 | 7,757 | ||||
| Instruments measured |
at fair value through | profit or loss | 2,219,286 | 2,301,507 | ||||||
| Carrying | amount | offinancial | liabilities | |||||||
| Measured | at amortised | cost | 81,649 | 158,419 |
| 16 | Stocks | |||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| f | ||||||||
| Finished goods | and goods for resale | 1,969 | 2,327 | |||||
| 17 | Debtors | |||||||
| Amounts falling due within one year: |
2023f | 2022f | ||||||
| Accrued income | 1,980 | 1,980 | ||||||
| Other debtors | 2,653 | 5,777 | ||||||
| 4,633 | 7,757 | |||||||
| 18 | Creditors: amounts falling due within |
one year | ||||||
| 2023 | 2022 | |||||||
| f | ||||||||
| Trade creditors | 2.589 | |||||||
| Other taxation and social security | 2,486 | 2,528 | ||||||
| Other creditors | 79,060 | 158,419 | ||||||
| 84,135 | 160,947 | |||||||
| 19 | Operating lease commitments |
|||||||
| At the reporting | end date, the charity had | outstanding | commitments | for future | minimum | lease payments | under | |
| non-cancellable | operating leases, which |
fall due as | follows: | |||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Within one year | 11,800 | 25,960 |
| Movement | Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||||
| 1 April 2022 | Income | Expenditure | Transfers | 31 March 2023 | ||||
| 6 | 6 | 6 | ||||||
| National | Lottery Community | Fund | 9,350 | 9,350 | ||||
| Mr Nigel | Fund | 5,696 | 2,000 | 923 | 6,773 | |||
| 5,696 | 11,350 | 10,273 | 6,773 |
| Analysis of net a | ssets between funds |
||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | ||||
| 8 | f | ||||
| Fund balances at | 31 March 2023are represented | by: | |||
| Tangible fixed assets | 12,756 | 12,756 | |||
| Investments | 2,219,286 | 2,219,286 | |||
| Current assets | 227,466 | 6,773 | 234,239 | ||
| Creditors: amounts | falling due within one year | (84, 135) | (84,135) | ||
| 2,375,373 | 6,773 | 2,382,146 | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | ||||
| 6 | 6 | ||||
| Fund balances at | 31 March 2022 are represented | by. | |||
| Tangible fixed assets | 1,157 | 1,157 | |||
| Investments | 2,301,507 | 2,301,507 | |||
| Current assets | 274,214 | 5,696 | 279,910 | ||
| Creditors: amounts | falling due within one year | (160,947) | (160,947) | ||
| 2,415,931 | 5,696 | 2,421,627 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| f | |||
| INCOME FROM: | |||
| Donations and legacies |
339,275 | 2,159 | 341,434 |
| Other trading activities |
11,144 | 11,144 | |
| Investments | 57,771 | 57,771 | |
| TOTAL INCOME | 408,190 | 2,159 | 410,349 |
| EXPENDITURE ON: | |||
| Raising funds | 47,336 | 47,336 | |
| Charitable activities |
471,270 | 1,478 | 472,748 |
| TOTAL EXPENDITURE | 518,606 | 1,478 | 520,084 |
| Net (losses)/gains on investments |
126,962 | 126,962 | |
| Net movement in funds |
16,546 | 681 | 17,227 |
| Funds balances brought forward |
2,399,385 | 5,015 | 2,404,400 |
| Funds balances as at 31March 2022 | 2,415,931 | 5,696 | 2,421,627 |