| Page | Page | |||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement of Financial Activities | ||||
| Balance Sheet | 6 | to | 7 | |
| Cash Flow Statement | ||||
| Notes to the Cash Flow | Statement | |||
| Notes to the Financial Statements | 10 | to | 18 | |
| Detailed Statement ofFinancial Activities | 19 | to | 20 |
| 31.12.22 | 31.12.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Notes | funds | funds | funds | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
514,367 | 8,555 | 522,922 | 483,152 | ||
| Charitable activities |
||||||
| Leonard Chamber Grant | ||||||
| 2,649 | ||||||
| Other trading activities | 27,509 | 27,509 | 443 | |||
| Total | 541,876 | 8,555 | 550,431 | 486,244 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 66,220 | 66,220 | 37,749 | |||
| Charitable activities |
||||||
| Operational Costs |
410,990 | 10,261 | 421,251 | 341,577 | ||
| Total | 477,210 | 10,261 | 487,471 | 379,326 | ||
| NET INCOME/(EXPENDITURE) | 64,666 | (1,706) | 62,960 | 106,918 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward |
979,499 | 8,425 | 987,924 | 881,006 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,044,165 | 6,719 | 1,050,884 | 987,924 |
| 31.12.22 | 31.12.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS Tangible assets |
12 | 653,411 | 653,411 | 671,810 | |
| CURRENT ASSETS Debtors Cash at bank |
13 | 7,953 389,851 |
6,719 | 7,953 396,570 |
19,702 302,321 |
| 397,804 | 6,719 | 404,523 | 322,023 | ||
| CREDITORS Amounts falling due within one year |
14 | (7,050) | (7,050) | (5,909) | |
| NET CURRENT ASSETS | 390,754 | 6,719 | 397,473 | 316,114 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES |
1,044,165 | 6,719 | 1,050,884 | 987,924 | |
| NET ASSETS | 1,044, 165 | 6,719 | 1,050,884 | 987,924 | |
| FUNDS Unrestricted funds Restricted funds |
15 | 1,044, 165 6,719 |
979,499 8,425 |
||
| TOTAL FUNDS | 1,050,884 | 987,924 |
| 31.12.22 | 31.12.21 | |||
|---|---|---|---|---|
| Notes | ||||
| Cash flows from operating activities Cash generated from operations |
94,249 | 94,637 | ||
| Net cash provided by operating activities |
94,249 | 94,637 | ||
| Cash flows from investing activities Purchase oftangible fixed assets |
(14,127) | |||
| Net cash provided by/(used |
in) investing | activities | (14,127) | |
| Change in cash and cash reporting period |
equivalents | in the | 94,249 | 80,510 |
| Cash and cash equivalents ofthe reporting period |
at the beginning | 302,321 | 221,811 | |
| Cash and cash equivalents reporting period |
at the end | ofthe | 396,570 | 302,321 |
| RECONCILIATION | RECONCILIATION | RECONCILIATION | OF NKT INCOME TO NKT CASH FLOW FROM | OF NKT INCOME TO NKT CASH FLOW FROM | OPERATING ACTIVITIES | OPERATING ACTIVITIES |
|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||||
| Net income Activities) |
for the | reporting | period (asper the Statement ofFinancial | |||
| Adjustments | for: | 62,960 | 106,918 | |||
| Depreciation | charges | 18,399 | 18,399 | |||
| Decrease in | debtors | (63,000) | ||||
| Increase/(decrease) | in | creditors | 11,749 | 32,653 | ||
| 1,141 | (333) | |||||
| Net cash provided | by | operations | 94,249 | 94,637 |
| At 1.1.22 | Cash flow | At 31.12.22 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank | 302,321 | 94,249 | 396,570 |
| 302,321 | 94,249 | 396,570 | |
| Total | |||
| 302,321 | 94,249 | 396,570 |
| 5. | RAISING FUNDS - continued | RAISING FUNDS - continued | RAISING FUNDS - continued | |||
|---|---|---|---|---|---|---|
| Investment | management | costs | ||||
| 31.12.22 | 31.12.21 | |||||
| Youth work | costs | 9,544 | ||||
| Rent collection | 32,814 | 23,782 | ||||
| Repairs and | renewals | 14,403 | 10,871 | |||
| Training | 9,459 | |||||
| 66,220 | 34,653 | |||||
| Aggregate amounts |
66,220 | 37,749 | ||||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 7) | Totals | ||||
| Operational | Costs | 417,423 | 3,828 | 421,251 | ||
| 7. | SUPPORT | COSTS | ||||
| Governance | ||||||
| Finance | costs | Totals | ||||
| Operational | Costs | 324 | 3,504 | 3,828 | ||
| 8. | NKT INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated aAer charging/(crediting): | |||||
| 31.12.22 | 31.12.21 | |||||
| Depreciation | -owned assets | 18,399 | 18,399 |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Wages and salaries Social security costs Other pension costs |
253,933 14,194 23,316 |
210,452 10,687 18,458 |
|||
| 291,443 | 239,597 | ||||
| The average monthly | number ofemployees | during the year was as follows: | |||
| Trust Assistants | 31.12.22 16 |
31.12.21 | |||
| No employees received emoluments |
in excess off60,000. | ||||
| COMPARATIVKS FOR THE STATEMENT OFFINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
472,145 | 11,007 | 483,152 | ||
| Charitable activities |
|||||
| Leonard Chamber Grant |
2,649 | 2,649 | |||
| Other trading activities | 443 | 443 | |||
| Total | 475,237 | 11,007 | 486,244 | ||
| EXPENDITURE ON | |||||
| Raising funds | 37,749 | 37,749 | |||
| Charitable activities |
|||||
| Operational Costs |
335,091 | 6,486 | 341,577 | ||
| Total | 372,840 | 6,486 | 379,326 |
| 11. | COMPARATIVES | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| NET INCOME | 102,397 | 4,521 | 106,918 | |||
| RECONCILIATION OFFUNDS |
||||||
| Total funds brought | forward | 877,102 | 3,904 | 881,006 | ||
| TOTAL FUNDS CARRIED FORWARD | 979,499 | 8,425 | 987,924 | |||
| 12. | TANGIBLE FIXEDASSETS | |||||
| Fixtures | ||||||
| Freehold | and | Motor | ||||
| property | fittings | vehicles | Totals | |||
| COST | ||||||
| At 1stJanuary 2022 | and 31stDecember 2022 | 795,511 | 31,963 | 10,250 | 837,724 | |
| DEPRECIATION | ||||||
| At 1stJanuary 2022 Charge for year |
135,251 15,682 |
23,233 667 |
7,430 2,050 |
165,914 18,399 |
||
| At 31stDecember 2022 | 150,933 | 23,900 | 9,480 | 184,313 | ||
| NET BOOKVALUE | ||||||
| At 31stDecember 2022 | 644,578 | 8,063 | 770 | 653,411 | ||
| At 31stDecember 2021 | 660,260 | 8,730 | 2,820 | 671,810 | ||
| 13, | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | 31.12.22 | 31.12.21 | |||
| Other debtors | 7,011 | 18,760 | ||||
| 942 | 942 | |||||
| P repayments | ||||||
| 7,953 | 19,702 |
| 31.12.22 | 31.12.21 | |||||
|---|---|---|---|---|---|---|
| Social security and other taxes Accrued expenses |
4,500 2,550 |
3,359 2,550 |
||||
| 7,050 | 5,909 | |||||
| MOVEMENT | IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At 1.1.22 | in funds | 31.12.22 | ||||
| Unrestricted | funds | |||||
| General fund | 979,499 | 64,666 | 1,044,165 | |||
| Restricted funds | ||||||
| Family Fund | 8,425 | (1,706) | 6,719 | |||
| TOTAL FUNDS | 987,924 | 62,960 | 1,050,884 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 541,876 | (477,210) | 64,666 | |||
| Restricted funds | ||||||
| Family Fund | 8,555 | (10,261) | (1,706) | |||
| TOTAL FUNDS | 550,431 | (487,471) | 62,960 |
| Comparatives | for movemen | t in funds |
||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.21 | in funds | funds | 31.12.21 | |||
| Unrestricted | funds | |||||
| General fund | 877,102 | 98,349 | 4,048 | 979,499 | ||
| Building Fund | 4,048 | (4,048) | ||||
| 877,102 | 102,397 | 979,499 | ||||
| Restricted funds | ||||||
| Family Fund | 3,904 | 4,521 | 8,425 | |||
| TOTAL FUNDS | 881,006 | 106,918 | 987,924 | |||
| Comparative | net movement | in funds, included | in the above are as | follows: | ||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 471,189 | (372,840) | 98,349 | |||
| Building Fund | 4,048 | 4,048 | ||||
| 475,237 | (372,840) | 102,397 | ||||
| Restricted funds | ||||||
| Family Fund | 11,007 | (6,486) | 4,521 | |||
| TOTAL FUNDS | 486,244 | (379,326) | 106,918 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.1.21 | in funds | funds | 31.12.22 | ||
| Unrestricted | funds | ||||
| General fund Building Fund |
877,102 | 163,015 4,048 |
4,048 (4,048) |
1,044,165 | |
| Restricted funds | 877,102 | 167,063 | 1,044,165 | ||
| Family Fund | 3,904 | 2,815 | 6,719 | ||
| TOTAL FUNDS | 881,006 | 169,878 | 1,050,884 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund Building Fund |
1,013,065 4,048 |
(850,050) | 163,015 4,048 |
|
| Restricted funds | 1,017,113 | (850,050) | 167,063 | |
| Family Fund | 19,562 | (16,747) | 2,815 | |
| TOTAL FUNDS | 1,036,675 | (866,797) | 169,878 |
| 31.12.22 | 31.12.21 | ||||
|---|---|---|---|---|---|
| INCOME | AND ENDOWMENTS | ||||
| Donations | and | legacies | |||
| Gift Aid | |||||
| Donations | 87,412 | 142,316 | |||
| 435,510 | 340,836 | ||||
| 522,922 | 483,152 | ||||
| Other trading | activities | ||||
| Fundraising events Other Income |
9,453 | 443 | |||
| 18,056 | |||||
| 27,509 | 443 | ||||
| Charitable | activities | ||||
| Grants | |||||
| 2,649 | |||||
| Total incoming | resources | 550,431 | 486,244 | ||
| EXPENDITURE | |||||
| Investment | management | costs | |||
| Youth work | costs | ||||
| Rent collection | 9,544 | ||||
| Repairs and Training |
renewals | 32,814 14,403 9,459 |
23,782 10,871 |
||
| 66,220 | 34,653 | ||||
| Charitable | activities | ||||
| Wages Social security Pensions |
253,933 14,194 |
210,452 10,687 |
|||
| Rates and water | 23,316 | 18,458 | |||
| Insurance | (450) | 2,664 | |||
| Light and heat Telephone Postage and stationery Donations |
1,993 12,572 1,634 213 |
2,180 7,268 2,134 1,894 |
|||
| Sundries | 46,136 | 1,972 | |||
| Freehold property Carried forward |
45,483 15,682 |
65,469 15,682 |
|||
| 414,706 | 338,860 |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| Charitable activities |
|||
| Brought forward Fixtures and fittings Motor vehicles |
414,706 667 2,050 |
338,860 667 2,050 |
|
| 417,423 | 341,577 | ||
| Support costs | |||
| Finance | |||
| Bank charges | 324 | 420 | |
| Governance | costs | ||
| Accountancy | and legal fees | 3,504 | 2,676 |
| Total resources | expended | 487,471 | 379,326 |
| Net income | 62,960 | 106,918 |