REGISTERED COMPANY NUMBER: 04376323 (England and Wales) REGISTERED CHARITY NUMBER: 1098885
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
BEACHY HEAD CHAPLAINCY TEAM LTD (A COMPANY LIMITED BY GUARANTEE)
BEACHY HEAD CHAPLAINCY TEAM LTD
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 16 |
BEACHY HEAD CHAPLAINCY TEAM LTD
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022
TRUSTEES Dr A Baldwin Mr B W Elkington Mr D Wells Mr P C G Burley Canon J M Adams Miss J Williams Miss T Belsey Rev G M G Carpenter (appointed 27/4/2022) REGISTERED OFFICE 1 Commercial Road Eastbourne BN21 3XQ REGISTERED COMPANY 04376323 (England and Wales) NUMBER REGISTERED CHARITY 1098885 NUMBER INDEPENDENT EXAMINER Acuity Professional Partnership LLP Unit 2.02 High Weald House Glovers End Bexhill East Sussex TN39 5ES
Page 1
BEACHY HEAD CHAPLAINCY TEAM LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees present their annual report together with the financial statementsof the Companyfor the 1 January2022 to 31 December 2022. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The aim of our charity is to help see the loss of life from suicide ended at Beachy Head.
In setting objectives and planningfor activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Strategies for achieving objectives
Under the Trustees is a team, headed by the CEO, of chaplains, both paid staff and volunteers. This team coordinates with the various other partner agencies to proactively engage with the public on the head.
c. Activities undertaken to achieve objectives
Patrolling by foot and vehicle; Identifying those who are suicidal or in crisis; Negotiating with those that are suicidal or in crisis using our skills in crisis intervention;
Conducting searches for those deemed to be suicidal and at Beachy Head, as advised by the Police, the Public, the Beachy head Pub and through Social Media;
Working in partnership with other agencies to ensure the needs of those who are suicidal or in crisis are met.
d. Main activities undertaken to further the Company's purposes for the public benefit
The Beachy Head Chaplaincy Team (BHCT) is the search and rescue charity that seeks to save lives from suicide at Beachy Head. Our trained Chaplains are available every hour of the day, every day of the year, to reach out, offering support and hope to anyone who is suicidal or in distress. We believe that by receiving skilled support at the time of the crisis, those who are suicidal or in distress can be awakened to hope, that there are other ways forward to address the problems they face. we do not discriminate from our services by gender, disability, ethnicity or sexual orientation, believing that life is precious and everyone is of equal value before God.
Achievements and performance
a. Main achievements of the Company
Duringthe year, we were involved with 1178 searches, and dealt directly with 501 suicidal people. N.B due to the nature and the regard of loved ones, we do not publish the total deaths that occurred during the year. Our patrols operated from 0900 to 2400 every day of the year.
Financial review
a. Going concern
Page 2
BEACHY HEAD CHAPLAINCY TEAM LTD
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
The Trustees agreed that we should hold, in reserve, sufficient funds to cover nine months of staffing costs including a designated reserve to cover potential redundancy costs.
STRUCTURE, GOVERNANCE AND MANAGEMENT a. Constitution
Beachy Head Chaplaincy Team Ltd is registered as a charitable company limited by guarantee and was set up by a Memorandum and Articles of Association (18.2.02).
b. Methods of appointment or election of Trustees
The managementof the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incomingresources and application of resources, includingits income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on Sixth of September in the year Twenty twenty three and signed on its behalf by:
........................................................................ Mr D Wells - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEACHY HEAD CHAPLAINCY TEAM LTD
Independent examiner's report to the Trustees of Beachy Head Chaplaincy Team Ltd ('the Company')
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
Responsibilities and basis of report
As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examinationto which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters I am required to state to them in an Independent examiner'sreport and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body, for my work or for this report.
Rachel Taylor FCA
Acuity Professional Partnership LLP Unit 2.02 High Weald House Glovers End Bexhill East Sussex TN39 5ES
13.09.2023 Date: .............................................
Page 4
BEACHY HEAD CHAPLAINCY TEAM LTD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 151,330 Charitable activities 5 Charitable activities 78,292 Investment income 4 427 Total 230,049 EXPENDITURE ON Raising funds 6 336 Charitable activities 7 Charitable activities 232,325 Total 232,661 NET INCOME/(EXPENDITURE) (2,612) RECONCILIATION OF FUNDS Total funds brought forward 176,624 TOTAL FUNDS CARRIED FORWARD 174,012 |
Restricted funds £ - - - - - 1,985 1,985 (1,985) 13,283 11,298 |
2022 Total funds £ 151,330 78,292 427 230,049 336 234,310 234,646 (4,597) 189,907 185,310 |
2021 Total funds £ 149,587 73,878 2 |
|---|---|---|---|
| 223,467 | |||
| 907 197,120 |
|||
| 198,027 | |||
| 25,440 164,467 |
|||
| 189,907 |
The notes form part of these financial statements
Page 5
BEACHY HEAD CHAPLAINCY TEAM LTD
BALANCE SHEET 31 DECEMBER 2022
| Notes FIXED ASSETS Tangible assets 13 CURRENT ASSETS Debtors 14 Cash at bank CREDITORS Amounts falling due within one year 15 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 17 Unrestricted funds: General fund Designated fund Restricted funds: Restricted funds TOTAL FUNDS |
2022 £ 12,243 9,015 167,578 176,593 (3,526) 173,067 185,310 185,310 92,501 81,511 174,012 11,298 185,310 |
2021 £ 17,960 24,670 151,348 176,018 (4,071) 171,947 189,907 189,907 176,624 - 176,624 13,283 189,907 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
BEACHY HEAD CHAPLAINCY TEAM LTD
BALANCE SHEET - continued 31 DECEMBER 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on .Sixth of September in the year Twenty twenty three and were signed on its behalf by:
............................................. Mr D Wells - Trustee
The notes form part of these financial statements
Page 7
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1. GENERAL INFORMATION
Beachy Head Chaplaincy Team Limited is a charity (company number: 04376323) limited by guarantee, incorporated in England and Wales.
The charity's registered office is 1 Commercial Road, Eastbourne, England, BN21 3XQ
2. ACCOUNTING POLICIES
BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) -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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Beachy Head Chaplaincy Team Ltd 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.
INCOME
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Company, can be reliably measured.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
EXPENDITURE
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, includingsupport costs involved in undertakingeach activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the assets use.
Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertakingthe activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT
TANGIBLE FIXED ASSETS
Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
continued...
Page 8
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
2. ACCOUNTING POLICIES - continued
TANGIBLE FIXED ASSETS
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.
Depreciation is provided on the following basis:
| Motor vehicles | 25% Reducing Balance |
|---|---|
| Fixtures and fittings | 33% Straight line method |
| Office equipment | 33% Straight line method |
FUND ACCOUNTING
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
DEBTORS
Trade and other debtors are recognised at the settlement amount after any trade discount offered, Prepayments are valued at the amount prepaid net of any trade discounts due.
CASH AT BANK & HAND
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
INTEREST RECEIVABLE
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
LIABILTIES & PROVISIONS
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Companyanticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
continued...
Page 9
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
2. ACCOUNTING POLICIES - continued
FINANCIAL INSTRUMENTS
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.Basic financial instrumentsare initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
3. DONATIONS AND LEGACIES
| Donations Legacies |
2022 £ 151,330 - 151,330 |
2021 £ 120,408 29,179 |
|---|---|---|
| 149,587 |
Beachy Head Chaplaincy Team Limited benefited from the use of a building at the top of Beachy head which Sussex Police cover the cost of utilities which is estimated to be not more than £500 (2021 -£500).
4. INVESTMENT INCOME
| Interest receivable - trading 5. INCOME FROM CHARITABLE ACTIVITIES Activity Grants Charitable activities 6. RAISING FUNDS RAISING DONATIONS AND LEGACIES Advertising |
2022 £ 427 2022 £ 78,292 2022 £ 336 |
2021 £ 2 2021 £ 73,878 |
|---|---|---|
| 2021 £ 907 |
continued...
Page 10
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
| 7. CHARITABLE ACTIVITIES COSTS Direct Support Costs (see costs (see note 8) note 9) £ £ Charitable activities 191,730 42,580 8. DIRECT COSTS OF CHARITABLE ACTIVITIES 2022 £ Staff costs 146,258 Telephone 1,929 Staff training 559 Repairs and renewals 543 Hospitality and supplies 2,006 Protective clothing and equipment 2,301 Sundries 12,497 Motor running costs 17,141 Travel 1,503 Communications consultancy 2,250 Depreciation 4,743 191,730 9. SUPPORT COSTS Governance Management costs £ £ Charitable activities 41,356 1,224 Support costs, included in the above, are as follows: MANAGEMENT 2022 Charitable activities £ Staff costs 24,637 Rates and water - Insurance & Licenses 2,071 Computer expense 3,447 Postage and stationery 2,333 Office costs 4,971 Legal and professional fees 2,093 Subscriptions 623 Bank Charges 207 Depreciation 974 41,356 |
Totals £ 234,310 2021 £ 126,600 1,098 304 1,195 1,350 3,655 1,551 13,191 1,606 2,533 4,364 157,447 Totals £ 42,580 2021 Total activities £ 23,336 1,045 1,930 2,493 1,567 5,557 105 58 899 691 37,681 |
|---|---|
continued...
Page 11
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
9. SUPPORT COSTS - continued GOVERNANCE COSTS
| 9. | SUPPORT COSTS - continued GOVERNANCE COSTS |
||
|---|---|---|---|
| 2022 | 2021 | ||
| Charitable | Total | ||
| activities | activities | ||
| £ | £ | ||
| Governance costs | 1,224 | 1,992 | |
| 10. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Accountancy fee | 1,224 | 1,992 | |
| Depreciation - owned assets | 5,717 | 5,055 |
11. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
12. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: |
2022 £ 153,520 14,540 2,835 170,895 |
2021 £ 136,697 12,057 1,182 |
|---|---|---|
| 149,936 | ||
| 2022 | 2021 | |
|---|---|---|
| Support Staff | 7 | 6 |
No employees received emoluments in excess of £60,000.
continued...
Page 12
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
| 13. TANGIBLE FIXED ASSETS Fixtures and Motor Computer fittings vehicles equipment £ £ £ Cost At 1 January 2022 and 31 December 2022 13,553 48,480 1,327 Depreciation At 1 January 2022 7,845 36,228 1,327 Charge for year 2,654 3,063 - At 31 December 2022 10,499 39,291 1,327 Net book value At 31 December 2022 3,054 9,189 - At 31 December 2021 5,708 12,252 - 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ Other debtors 8,180 Prepayments 835 9,015 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ Social security and other taxes 4 Pension payable 565 Other creditors 845 Accrued expenses 2,112 3,526 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2022 Unrestricted Restricted Total funds funds funds £ £ £ Fixed assets 945 11,298 12,243 Current assets 176,593 - 176,593 Current liabilities (3,526) - (3,526) 174,012 11,298 185,310 |
Totals £ 63,360 45,400 5,717 51,117 12,243 17,960 2021 £ 23,842 828 24,670 2021 £ 4 223 844 3,000 4,071 2021 Total funds £ 17,960 176,018 (4,071) 189,907 |
|---|---|
continued...
Page 13
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
| 17. MOVEMENT IN FUNDS Unrestricted funds General fund Designated fund Restricted funds Restricted funds TOTAL FUNDS Net movement in funds, included in the above are Unrestricted funds General fund Restricted funds Restricted funds TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Restricted funds TOTAL FUNDS |
At 1.1.22 £ 176,624 - 176,624 13,283 189,907 as follows: |
Net movement in funds £ (2,612) - (2,612) (1,985) (4,597) Incoming resources £ 230,049 - 230,049 At 1.1.21 £ 150,498 13,969 164,467 |
Transfers between At funds 31.12.22 £ £ (81,511) 92,501 81,511 81,511 - 174,012 - 11,298 - 185,310 Resources Movement expended in funds £ £ (232,661) (2,612) (1,985) (1,985) (234,646) (4,597) Net movement At in funds 31.12.21 £ £ 26,126 176,624 (686) 13,283 25,440 189,907 |
|---|---|---|---|
continued...
Page 14
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted funds TOTAL FUNDS |
Incoming resources £ 223,467 - 223,467 |
Resources Movement expended in funds £ £ (197,341) 26,126 (686) (686) (198,027) 25,440 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated fund Restricted funds Restricted funds TOTAL FUNDS |
At 1.1.21 £ 150,498 - 150,498 13,969 164,467 |
Net movement in funds £ 23,514 - 23,514 (2,671) 20,843 |
Transfers between funds £ (81,511) 81,511 - - - |
At 31.12.22 £ 92,501 81,511 |
|---|---|---|---|---|
| 174,012 11,298 |
||||
| 185,310 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted funds TOTAL FUNDS |
Incoming resources £ 453,516 - 453,516 |
Resources Movement expended in funds £ £ (430,002) 23,514 (2,671) (2,671) (432,673) 20,843 |
|---|---|---|
TRANSFERS BETWEEN FUNDS
An amount of £81,511 has been transferred to a designated reserve to cover any potential redundancy costs.
continued...
Page 15
BEACHY HEAD CHAPLAINCY TEAM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
18. EMPLOYEE BENEFIT OBLIGATIONS
The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £565 (2021 - £223) were payable to the fund at the balance sheet date and are included in creditors.
19. RELATED PARTY DISCLOSURES
During the year, one Trustee was reimbursed £Nil (2021 - £Nil) for expenses incurred on behalf of the charity.
20. INDEPENDENT EXAMINER'S REMUNERATION
The independent examiner's remuneration amounts to an independent examiner fee of £2,112 (2021 -£2,112).
Page 16