| Trustees' Report (Incorporating |
Trustees' Report (Incorporating |
the Directors' | Report) | ||
|---|---|---|---|---|---|
| Independent Auditor's |
Report | ||||
| Statement ofFinancial | Activities | (Incorporating | an Income and Expenditure | Account) | 12 |
| Balance Sheet | 13 | ||||
| Cashflow Statement | 14 | ||||
| Accounting Policies and |
Notes | 15 |
| Notes | 2022 | 2021 | ||
|---|---|---|---|---|
| E | ||||
| INCOME | ||||
| Charitable | Activities | 397,696 | 421,146 | |
| Investment | Income | 660 | 1.713 | |
| Total | 398,356 | 422,859 | ||
| RESOURCES EXPENDED | ||||
| Charitable | activities | 423,949 | 423,594 | |
| Other | ||||
| Total | 423,949 | 423,594 | ||
| Net income/(expenditure) | (25,593) | (735) | ||
| Recondllatlon | ofFunds | |||
| Total Funds brought forward | 262,538 | 263,273 | ||
| Total Funds carried forward | 236,945 | 262,538 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | f | ||||
| FIXEDASSETS | |||||
| Tangible assets | 10 | ||||
| CURRENT ASSETS | |||||
| Debtors | 20,080 | 15,550 | |||
| Cash at bank and short term deposit | 431,275 | 423,044 | |||
| 451,355 | 438,594 | ||||
| CREDITORS: amounts | falling due within one year | 12 | (214,410) | (176,056J | |
| NET CURRENT | ASSETS | 236,945 | 262,538 | ||
| TOTAL ASSETS LESS | CURRENT LIABILITIES | 236,945 | 262,538 | ||
| NET ASSETS | 236,945 | 262,53S | |||
| RESERVES | |||||
| Unrestricted | Funds | 236,945 | 262,538 | ||
| 236,945 | 262,538 |
| Notes | 2022f | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Net income/(expenditure) | (25,593) | (735) | |||||
| Adjustments for: |
|||||||
| Interest receipts | (660) | (1,713) | |||||
| (Increase)/Decrease | in debtors | (4,530) | 9,072 | ||||
| Increase /(Decrease) | in | creditors | 38,354 | (47,708) | |||
| Cash flows from operating | activities | 7,571 | (41,084) | ||||
| Cash flows from Investing | activities | ||||||
| Dividends, interest and |
rents | from | |||||
| investments | 660 | 1,713 | |||||
| Change in cash and cash | equivalents | in the year | 8,231 | (39,371) | |||
| Cash and cash equivalents | at the | beginning ofthe | |||||
| year | 423,044 | 462,415 | |||||
| Total cash and cash equivalents | at | the end of | |||||
| the year | 431,275 | 423,044 |
| CHARITABLE | ACTIVITIES | ||||||
|---|---|---|---|---|---|---|---|
| 2022 f |
2021f | ||||||
| Subscriptions | and magazine | sales | 397,511 | 420,441 | |||
| Royalty income | 185 | 705 | |||||
| Other income | |||||||
| 397,696 | 421,146 | ||||||
| INVESTMENT | INCOME | ||||||
| 2022f | 2021 | ||||||
| Deposit account interest | 660 | 1,713 | |||||
| CHARITABLE | ACTIVITIES COSTS | ||||||
| Direct costs f |
Support costs f |
Totals f |
2021 f |
||||
| Prime costs | 345,693 | 8,837 | 354,530 | 348,809 | |||
| Distribution | costs | 27,909 | 27,909 | 2S,800 | |||
| Selling expenses | 36,760 | 36,760 | 41,191 | ||||
| Governance | 4,750 | 4,750 | 4,794 | ||||
| 415,112 | 8,837 | 423,949 | 423,594 | ||||
| SUPPORT COSTS | |||||||
| 2022f | 2021 | ||||||
| Finance | 6,018 | 5,366 | |||||
| Insurance | 2,143 | 2,148 | |||||
| Other | 676 | 346 | |||||
| Total | 8,837 | 7,860 |
| GOVERNANCE COSTS | |||
|---|---|---|---|
| 2022f | 2021 | ||
| Auditors' remuneration |
4,750 | 4,794 | |
| Travel and other costs | |||
| 4,750 | 4,794 | ||
| NET INCOMING/(OUTGOING) | RESOURCES | ||
| Net resources are stated after | charging/(crediting): | 2022f | 2021 |
| Auditors' remuneration |
4,750 | 4,794 | |
| Depreciation —owned assets |
| STAFF COSTS | ||||||
|---|---|---|---|---|---|---|
| 2022 f |
2021f | |||||
| Wages and salaries | 177,199 | 172,820 | ||||
| Social security | costs | 12,507 | 12,4S4 | |||
| Pensions | 16,559 | 17,615 | ||||
| 206,265 | 202,919 | |||||
| The average | weekly | number of employees | during the year were as | 2022 | 2021 | |
| follows: | No. | No. | ||||
| Editorial and | production | |||||
| Administration |
| 10. | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | Computer | |
|---|---|---|---|---|
| Cost | Equipmentf | |||
| At 1April 2021 | 1,542 | |||
| 31March 2022 | 1,542 | |||
| Accumulated depredation |
||||
| At 1April 2021 | 1,542 | |||
| 31March 2022 | 1,542 | |||
| Net book values | ||||
| 31March 2022 | ||||
| 31March 2021 | ||||
| 11. | DEBTORS | |||
| 2022f | 2021f | |||
| Trade debtors | 468 | 805 | ||
| Other debtors | 5,280 | 3,039 | ||
| Prepaid costs and accrued income | 14,332 | 11,706 | ||
| 20,080 | 15,550 | |||
| 12. | CREDITORS amounts | falling due within one year | ||
| 2022f | 2021 | |||
| Trade creditors | 13,252 | 9,571 | ||
| Taxation and social security payments | 4,207 | 4,1S9 | ||
| Other creditors | 35,282 | |||
| Accruals and deferred | income | 161,669 | 162,296 | |
| 214,410 | 176,056 |