2022-08-31-accounts - Phase Trust

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		Page
Report ofthe Trustees	1	to	5
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	8	to	9
Notes to the Financial Statements	10	to	15
Detailed Statement ofFinancial Activities		16

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	fimds
	Notes
FIXEDASSETS
Tangible assets		1,447	5,637	7,084	4,411
CURRENT ASSETS
Debtors		34,845	34,791	69,636	28,155
Cash at bank and in hand		225,244	170,000	395,244	350,054
		260,089	204,791	464,880	378,209
CREDITORS
Amounts falling due within one year		(2,605)		(2,605)	(5,111)
NET CURRENT ASSETS		257,484	204,791	462,275	373,098
TOTAL ASSETSLESSCUIBKNT
LIABILITIES		258,931	210,428	469,359	377,509
NET ASSETS		258,931	210,428	469,339	377 509
FUNDS
Unrestricted funds				258,931	374,433
Restricted funds				210,428	3,076
TOTAL FUNDS				469,359	377,509

				2022	2021
Depreciation	-	owned	assets	4,525	3,083

				2022	2021
				13	12
No employees received emoluments		in excess ofK60,000.
COMPARATIVES FOR THE STATEMENT OFFINANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
INCOME	AND ENDOWMENTS	FROM
Donations	and legacies		10,155		10,154
Charitable	activities
Grants and	contracts to provide services to
young people			227,362	153,808	381,170
Other income			5,856		5,856
Total			243,373	153807	397,180
EXPENDITURE ON
Charitable	activities
Grants and	contracts to provide services to
young people			753		753
Other			109,889	153801	263 690
Total			110,642	153,801	264,443
NET INCOME			132,731		132,737

		Notes to the Financial Statements - For The Year Ended 31August	Notes to the Financial Statements - For The Year Ended 31August	continued 2022
	COMPARATIVES	FOR THE STATEMENT OFFINANCIAL		ACTIVITIES	- continued
				Unrestricted	Restricted	Total
				funcl	funds	funcls
	RECONCILIATION		OFFUNDS
	Total funds brought	forward		241,702	3,070	244,772
	TOTAL FUNDS CARRIED FORWARD			374 433	3,076	377,509
6.	TANGIBLE FIXED		ASSETS
			Premises		Office
			refurbishment	Equipment	equipment	Totals
	COST
	At 1 September 2021		12,004	1,665	16,025	29,694
	Additions		737		6,461	7,198
	Disposals				~5,106)	~5,106)
	At 31August 2022		12,741	1,665	17,380	31,786
	DEPRECIATION
	At 1 September 2021		10,088	1,665	13,530	25,283
	Charge for year		929		3,596	4,525
	Eliminated on disposal				~5,106)	~5,106)
	At 31August 2022		11,017	1,665	12,020	24,702
	NET BOOKVALUE
	At 31August 2022		1,724		5,360	7,084
	At 31August 2021		1,916		2,495	4411
7.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					2022	2021
	Trade debtors				68,034	13,038
	Prepayments				1,602	15,117
					69,636	28,155

	2022	2021
Trade creditors		360
Social security and other taxes	1,108	3,577
Pension owing	1,497	1,174
	2,605	5,111
MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1.9.21	in funds	funds	31.8.22
Unrestricted funds
General fund	374,433	54,498	(170,000)	258,931.
Restricted funds
BigLottery Fund	3,076	2,561		5,637
Contracts for Services		34,791		34,791
Designated Reserves			170,000	170,000
	3,076	37,352	170,000	210,428
TOTAL FUNDS	377 509	91,850		469,359
Net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General fund		107,628	(53,130)	54,498
Restricted funds
BigLottery Fund		121,251	(118,690)	2,561
Family Matters		30,730	(30,730)
Contracts for Services		153,795	~119,004)	34,791
		305,776	~268,424	37352
TOTAL FUNDS		413,404	~321,554)	91,850