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|Trustees'<br>Report (Incorporating|Trustees'<br>Report (Incorporating|the Directors'|Report)|||
|---|---|---|---|---|---|
|Independent<br>Auditor's|Report|||||
|Statement ofFinancial|Activities|(Incorporating|an Income and Expenditure|Account)|12|
|Balance Sheet|||||13|
|Cashflow Statement|||||14|
|Accounting<br>Policies and|Notes||||15|





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|||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|





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|||||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<br>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,<br>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|





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|CHARITABLE||ACTIVITIES||||||
|---|---|---|---|---|---|---|---|
|||||||2022<br>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<br>f|Support costs<br>f|Totals<br>f|2021<br>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|



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|GOVERNANCE COSTS||||
|---|---|---|---|
|||2022f|2021|
|Auditors'<br>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'<br>remuneration||4,750|4,794|
|Depreciation —owned assets||||



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|STAFF COSTS|||||||
|---|---|---|---|---|---|---|
||||||2022<br>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<br>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|





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