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|||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|
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||||||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|
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|||||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|
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||||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|
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|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|
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||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|
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|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|
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|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|
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|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|
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||||||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|
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|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|
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||||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|
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|||||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|
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|||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|