| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 to 6 | ||
| Report ofthe Independent | Auditors | 7to 9 | |
| Statement ofFinancial | Activities | 10 | |
| Balance Sheets | |||
| Cash Flow Statement | 12 | ||
| Notes to the Financial | Statements | 13to 23 |
| 2022 | 2022 | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total Funds | ||
| Funds | Funds | Funds | |||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM: | |||||
| Donations and legacies Other trading activities Income from investments |
1,927,243 100,084 52 |
34,858 | 1,962,101 100,084 52 |
2,104,684 101,898 3 |
|
| Total income and endowments | 2 027379 | 34 858 | 2 062 237 | 2206585 | |
| EXPENDITURE ON: | |||||
| Expenditure on raising funds Expenditure on charitable activities Expenditure on governance |
23,526 1,978,577 52 582 |
13,870 | 37,396 1,978,577 52 582 |
43,252 1,639,718 34 902 |
|
| Total expenditure | 2,054,685 | 13,870 | 2,068,555 | 1,717,872 | |
| NET (LOSS)/INCOME | (27,306) | 20,988 | (6,318) | 488,713 | |
| Other recognised gains/(losses) Unrealised foreign exchange |
251 750 | 251 750 | 337393 | ||
| Net movement in funds |
224,444 | 20,988 | 245,432 | 151,320 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
2 452 842 | 3 638936 | 6 091 778 | 5 940458 | |
| TOTAL FUNDS CARRIED FORWARD | 2 677286 | 3 659924 | ~637210 | 6091778 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 11 | 5,434,400 | 4,757,000 | 30,884 | 49,384 |
| Investments | 12 | 702 911 | 702 911 | ||
| 5434400 | 4 757 000 | 733 795 | 752 295 | ||
| CURRENT ASSETS | |||||
| Debtors | 13 | 331,810 | 378,833 | 4,983,092 | 4,304,588 |
| Cash at bank | 980 366 | 1,139,027 | 965,161 | 1,138,601 | |
| 1,312,176 | 1,517,860 | 5,948,253 | 5,443,189 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | ~409 366 | ~183082 | ~284 478 | 72 114 |
| NET CURRENT ASSETS | 902 810 | 1 334778 | 5 663 775 | 5 371 075 | |
| NET ASSETS | 6337210 | 6091 778 | 6397 570 | 6 123370 | |
| FUNDS | |||||
| Unrestricted funds |
15 | 2,677,286 | 2,452,842 | 2,737,646 | 2,484,434 |
| Restricted funds |
16 | 3,659,924 | 3,638,936 | 3,659,924 | 3,638,936 |
| TOTAL FUNDS | 6,337 210 | 6,091,778 | 6,397,570 | 6,123,370 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Group | Group | |||||
| Cash flow from operating | activities: | |||||
| Net cash provided by operating activities Cash flow from investing activities: |
549,662 | 326,084 | ||||
| Purchase ofproperty, plant |
and equipment | 708323 | 155022 | |||
| Change in cash and cash |
equivalents in |
the | ||||
| reporting period Cash and cash equivalents |
at the beginning | ofthe | (158,661) | 171,062 | ||
| reporting period Cash and cash equivalents |
at the end of | the | 1 139 027 | 967 965 | ||
| reporting period |
980 366 | 1 139027 | ||||
| Reconciliation ofnet income to net cash |
flow | from operating | activities: | |||
| Net income for reporting | period (as per | |||||
| the statement offinancial Depreciation charges Decrease in debtors Increase in creditors Net cash provided by/(used |
activities) in) operating |
activities | 245,432 30,923 47,023 226 284 549662 |
151,320 31,471 20,136 123 157 326084 |
| No significant | judgements have been made |
by the Trustees in prepar |
ing these financial |
statements. | |
|---|---|---|---|---|---|
| DONATIONS | AND LEGACIES | ||||
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds | Funds | 2022 | 2021 | ||
| Donations received from supporters | 1,691,343 | 28,471 | 1,719,814 | 1,854,716 | |
| Legacies | 15,389 | 15,389 | 49,926 | ||
| Tax repayable | 220 311 | 6387 | 226 898 | 200 042 | |
| ~127243 | 4 58 |
1 9 2 101 | 2 104684 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| and Total | and Total | |||
| Funds | Funds | |||
| 2022 | 2021 | |||
| Hire | ofequipment/use | ofplatform | 100084 | 101898 |
| 10 084 | 101898 |
| Unrestricted | Restricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| Deposit account interest and dividends | received | |||||
| 2021 Fund allocation: | ||||||
| Ofthe X3 income from investments | received ANIL | was restricted | and $3 was unrestricted. |
| Unrestricted | Restricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| Wages Consultancy costs Postage, printing k, stationery |
4,954 18572 |
5,911 7959 |
10,865 26 531 |
2,373 10,019 30860 |
||
| 23 526 | 13870 | ~37396 | 4~3252 |
| Unrestricted and |
||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | ||
| Funds | 2022 | 2021 | ||
| Wages Satellite, broadcasting and other Premises costs Equipment maintenance Travel and subsistence Computer expenses Consultancy costs Subscription s Sundry expenses Postage, printing &stationery Staff welfare |
direct costs | 159,750 143,326 184,707 4,565 23,609 23,410 108,958 12,675 6,499 26,594 1,299 |
159,750 143,326 184,707 4,565 23,609 23,410 108,958 12,675 6,499 26,594 1,299 |
80,042 36,563 49,318 10,796 20,372 92,433 13,624 1,206 30,861 340 |
| Telephone Donations Irrecoverable VAT and other taxes Depreciation ofplant, machinery etc. Insurance |
19,475 1,173,087 43,899 30,923 15801 1~8~7 |
19,475 1,173,087 43,899 30,923 IS S01 ~19 8 57 |
17,250 1,215,119 24,744 31,471 15579 ~16 ~71 |
| Unrestricted and |
Unrestricted and |
|||
|---|---|---|---|---|
| Total Funds | Total Funds | |||
| 2022 | 2021 | |||
| Professional | fees | 25,115 | 10,999 | |
| Legal fees | 6,525 | 6,365 | ||
| Auditors' remuneration |
11,000 | 9,000 | ||
| Interest payable and |
similar charges | 9 942 | 8 538 | |
| ~2582 | 4 02 |
|||
| INCOME/EXPENDITURE | ||||
| income/Expenditure | is stated after charging: | |||
| Total | Total | |||
| Funds | Funds | |||
| 2022 | 2021 | |||
| Auditors' remuneration Depreciation —owned assets |
11,000 ~923 |
9,000 ~1471 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Wages | and | salaries | 159750 | 82415 |
| There | were | no staff earning more than $60,000. |
| 2022 | 2021 | ||
|---|---|---|---|
| Charitable | services | ||
| Fundraising |
| TANGIBLE FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|
| Freehold | land | Studio, | camera and | Total | ||
| Group | and buildings | computer | equipment | |||
| COST | ||||||
| At 1 January 2022 | 4,707,617 | 1,063,869 | 5,771,486 | |||
| Additions | 441,354 | 12,424 | 453,778 | |||
| Foreign exchange movements | 254 | 545 | 254 545 | |||
| At 31 December 2022 | 5 403 | 516 | 1 076293 | 6,479,809 | ||
| DEPRECIATION | ||||||
| At 1 January 2022 | 1,014,486 | 1,014,486 | ||||
| Charge for the year | 30 923 | 30,923 | ||||
| At 31 December 2022 | 1 045 409 | 1,045,409 | ||||
| NET BOOK VALUE | ||||||
| At 31 December 2022 | ~54 | '3@~1 | 884 | 5,434,400 | ||
| At 31December 2021 | 4~707 | 1 | 4~98 | 4,757,000 | ||
| Studio, camera and | Total | |||||
| Charity | computer | equipment | ||||
| COST | ||||||
| At 1 January 2022 | 951,773 | 951,773 | ||||
| Additions | 12,423 | 12,423 | ||||
| At 31 December 2022 | 964,196 | 964,196 | ||||
| DEPRECIATION | ||||||
| At 1 January 2022 |
902,389 | 902,389 | ||||
| Charge for year | 30,923 | 30,923 | ||||
| At 31 December 2022 | 933,312 | 933,312 | ||||
| NET BOOK VALUE | ||||||
| At 31 December 2022 | 30,884 | 30,884 | ||||
| At 31 December 2021 | 49,383 | 49,383 |
| Class ofshare: | holding |
|---|---|
| Ordinary | 100 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Aggregate | ofassets, liabilities | and funds | ~209 757 | ~147339 | |
| Incoming resources | 315 195 | ||||
| Expenditure | on charitable | activities | 365,405 | 57,777 | |
| Governance | costs | 12 208 | 3440 | ||
| Total costs | 377613 | 61217 | |||
| (Loss) for the year | (62,418) | (61,217) |
| AMOUNTS FALLING DUE WIT | HIN ONE YEAR | |||||
|---|---|---|---|---|---|---|
| Group | Charity | |||||
| 2022 | 2021 | 2022 | 2021 | |||
| Trade debtors | 102,278 | 112,194 | 102,278 | 112,194 | ||
| Other debtors | 167,022 | 191,968 | 167,022 | 172,354 | ||
| Tax recoverable | 25,736 | 46,128 | 25,736 | 46,128 | ||
| Prepayments | 36,774 | 28,543 | 28,875 | 28,543 | ||
| 331,810 | 378,833 | 323,911 | 359,219 |
| AMOUN | TS F | AL | LING | DU | E AFTER ONE YE | AR | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Charity | ||||||||||
| 2022 | 2021 | 2022 | 2021 | ||||||||
| Amounts | owed | by | group | and | associated | 4 659 181 | 3 | 945 369 | |||
| undertakings | |||||||||||
| 4,659,181 | 3,945,369 |
| Group | Charity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||||||
| Trade creditors | 40,071 | 55,143 | 249,807 | 55,143 | |||||
| Social security | and other taxes | 46,922 | 14,345 | 12,979 | 152 | ||||
| Other creditors | 322,373 | 113,594 | 21,692 | 16,819 | |||||
| 409,366 | 183,082 | 284,478 | 72,114 | ||||||
| MOVEMENT | IN FUNDS —UNRESTRICTED | ||||||||
| Group | |||||||||
| Unrestricted | funds | At 01.01.22 | Net movement | At 31.12.22 | |||||
| in funds | |||||||||
| General fund |
2 452 842 | 224 444 | 2 677286 | ||||||
| Net movement | in funds, included | in the above are as follows: | |||||||
| Incoming | Resources | Foreign | Movement in |
||||||
| resources | expended | currency | funds | ||||||
| translation | |||||||||
| Unrestricted | funds | ||||||||
| General fund | 2~027 37 | ~2054 685 | 2~1750 | 224 | 444 | ||||
| Charity: | |||||||||
| At 01.01.22 | Net movement | At 31.12.22 | |||||||
| in funds | |||||||||
| Unrestricted | funds | ||||||||
| General fund | ~24 | 4 4 4 | ~25 212 |
~237 | 646 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||||
| Incoming | Resources | Movement | in | ||||||
| resources | expended | funds | |||||||
| Unrestricted | funds | ||||||||
| General fund | 2 | 027 379 | ~1774 167 | 253 | 212 |
| Unrestricted | Restricted | Restricted | Total Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||||
| Incoming reserves | 2027379 | 34 | 858 | 2 062 237 | 2 206 584 | |||
| Costs ofgenerating | voluntary | income | 23,526 | 13,870 | 37,396 | 43,252 | ||
| Expenditure on charitable |
activities | 1,942,320 | 1,942,320 | 1,581,941 | ||||
| Governance costs |
40 374 | 40 374 | 31462 | |||||
| 2 006220 | 13 | 870 | 2 020 090 | 1 656655 | ||||
| Other gains/(losses) | 232 053 | 232 053 | ~283 073 | |||||
| Net incoming resources |
253,212 | 20,988 | 274,200 | 266,856 | ||||
| Total funds brought | forward | 2484 434 | 3 638 | 936 | 6 123370 | 5 856514 | ||
| Total funds carried | forward | 2 737646 | ~65 | 924 | 6 397570 | 6 123370 |
| At 31De | cember 2022 the group had annual co | mmitments under non-c |
ancellable | operating lea |
ses as detailed | below:- | |
|---|---|---|---|---|---|---|---|
| Group | Charity | ||||||
| 2022 | 2021 | 2022 | 2021 | ||||
| Operating Within 1 Between |
leases which expire year 1 and 5 years |
35,250 40 000 |
34,150 56000 |
35,250 40000 |
34,150 56000 |
||
| 901 0 | 75 250 |