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2023-03-31-accounts

Pages
Trustees'
Annual
Report
2to 10
Independent
Examiner's
Report
Statement of Financial Activities 12
Summary
Income and Expenditure
Account 13
Balance Sheet 14
Statement of Cash flows 15
Notes to the Accounts 16to 25
Detailed Statement
of Financial Activities
26to 27

forthe year ended 31March 2023
Unrestricted Restricted
funds funds Total funds Total funds
2023 2023 2023 2022
Notes E E E E
Income and endowments
from:
Donations and legacies 792 126 918 2,392
Charitable activities 82,083 144,689 226,772 151,635
Other trading activities 2,235 2,235 2,580
Investments 101 101 6
Other 343 12,060 12,403 2,581
Total 85,554 156,875 242,429 159,194
Expenditure on:
Charitable activities 9 2,048 72,140 74,188 34,022
Other 10 90,621 51,142 141,763 109,354
Total 92,669 123,282 215,951 143,376
Net gains on investments
Net income (7,115) 33,593 26,478 15,818
Transfers between
funds
(3,513) 3,513
Net income
gains/(losses)
before other (10,628) 37,106 26,478 15,818
Other gains and losses
Net movement
in funds
(10,628) 37,106 26,478 15,818
Reconciliation offunds:
Total funds brought forward 103,420 35,356 138,776 122,958
Total funds carried forward 92,792 72,462 165,254 138,776

2023 2022
E
Income 242,328 159,188
Interest and investment income 101
Gross income forthe year 242,429 159,194
Expenditure 215,149 142,676
Depreciation and charges for
impairment offixed assets 802 700
Total expenditure
forthe year
215,951 143,376
Net income before tax for the year 26,478 15,818
Net income for the year 26,478 15,818

at 31March 202 3 3 3 3
Company
No.
03827654 Notes 2023 2022
f f
Fixed assets
Tangible assets 13 4,093 3,378
4,093 3,378
Current assets
Debtors 14 11,628 21,418
Cash at bank and in hand 159,110 166,221
170,738 187,639
Creditors: Amount falling due within one year 15 (9,577) (52,241)
Net current assets 161,161 135,398
Total assets less current liabilities 165,254 138,776
Net assets excluding pension asset or liability 165,254 138,776
Total net assets 165,254 138,776
The funds ofthe charity
Restricted funds 16
Restricted income funds 72,462 35,356
72,462 35,356
Unrestricted
funds
16
General funds 21,584 27,054
Designated
funds
71,208 76,366
92,792 103,420
Reserves 16
Total funds 165,254 138,776

2023 2022
E E
Cash flows from operating activities
Net income per Statement of Financial Activities 26,478 15,818
Adjustments
for:
Depreciation
ofproperty,
plant and
equipment 802 700
Dividends,
interest and
rents from investments (12,504) (2,587)
Other gains/losses
Decrease/(Increase)
in trade and other
receivables 9,790 (5,849)
(Decrease)/Increase
in trade and other
payables (42,661) 28,194
Net cash (used in)/provided by operating activities (18,095) 36,276
Cash flows from investing activities
Payments
for property,
plant and equipment (1,517) (864)
Dividends,
interest
and
rents from investments 12,504 2,587
Net cash from investing
activities
10,987 1,723
Net cash from financing
activities
Net (decrease)/increase
in
cash and cash equivalents (7,108) 37,999
Cash and cash equivalents atthe beginning ofthe year 166,221 128,222
Cash and cash equivalents atthe end ofthe year 159,113 166,221
Components
ofcash and cash equivalents
Cash and bank balances 159,110 166,221
159,110 166,221

last year and no chang last year and no chang last year and no chang last year and no chang es
have been made to accounts for previ
ous years.
Fund accounting
Unrestricted funds These are available for use at the discretion ofthe trustees
in furtherance
ofthe
general objects ofthe charity.
Designated funds These are unrestricted
funds earmarked
by the trustees for particular
purposes.
Revaluation funds These are unrestricted
funds which include a revaluation
reserve representing
the restatement
ofinvestment
assets at
their market values.
Restricted funds These are available for use subject to restrictions
imposed
by the donor
or
through
terms ofan appeal.
Income
Recognition of Income is included
in the Statement of Financial Activities
(SoFA) when the
income charity becomes entitled to, and virtually certain to receive, the income and the
amount ofthe income can be measured with sufficient reliability.
Income with related Where income has related expenditure
the income and
related expenditure is
expenditure reported
gross in the SoFA.
Donations and Voluntary
income received by way ofgrants, donations
and gifts is included in
legacies the the SoFAwhen receivable
and
only
when the Charity has unconditional
entitlement
to the income.
Tax reclaims on Income from tax reclaims
is included
in the SoFA at the
same time as the
donations and gifts gift/donation
to which it relates.
Donated services and These are only included
in income (with
an equivalent
amount
in expenditure)
facilities where the benefit to the Charity
is reasonably
quantifiable,
measurable
and
material.
Volunteer help The value of any volunteer
help received
is not included in the accounts.
Investment income This is included
in the accounts when receivable.
Gains/(losses) on This includes
any gain or loss resulting
from revaluing
investments
to market
revaluation of fixed value at the end ofthe year.
assets
Gains/(losses) on This includes
any gain or loss on the sale
ofinvestments.
investment assets

Unrestricted Restricted
funds funds Total funds
2022 2022 2022
Income and endowments from:
Donations and legacies 2,263 129 2,392
Charitable activities 80,589 71,046 151,635
Other trading
activities
2,580 2,580
Investments 6 6
Other 1,081 1,500 2,581
Total 86,519 72,675 159,194
Expenditure on:
Charitable activities 193 33,829 34,022
Other 75,101 34,253 109354
Total 75,294 68,082 143,376
Net income 11,225 4,593 15,818
Net income before
gains/(losses)
other 11,225 4,593 15,818
Other gains and losses:
Net movement in funds 11,225 4,593 15,818
Reconciliation offunds:
Totalfunds brought forward 92,195 30,763 122,958
Total funds carried forward 103,420 35,356 138,776
4 Income from donations and legacies
Unrestricted Restricted Total Total
2023 2022
E E
Donations 792 126 918 2,392
792 126 918 2,392
5 Income from charitable charitable activities activities
Unrestricted Restricted Total Total
2023 2022
Project grants 82,083 94,815 176,898 131,438
Respect festival 49,874 49,874 20,197
82,083 144,689 226,772 151,635
6 Income from other trading activities
Unrestricted Total Total
2023 2022
Training Ik consultancy 2,235 2,235 2,580
2,235 2,235 2,580
7 Income from investments
Unrestricted Total Total
2023 2022
Bank interest received 101 101
101 101 6
8 Other income
Unrestricted Restricted Total Total
2023 2022
E E
Reimbursements 290 60 350
Otherincome 53 12,000 12,053 2,581
343 12,060 12,403 2,581
9 Expenditure on chaditable activities
Unrestdcted Restricted Total Total
2023 2022
Expenditure on charitable
activities
Small grant funders 2,048 14,756 16,804 6,723
Respect festival 0 47,384 47,384 27,299
Misc charitable activities 10000 10000
Governance costs
2,048 72,140 74,188 34,022

Not
10
es tothe Accounts
Other expenditure
Unrestricted Restricted Total Total
2023 2022
Employee costs 68,141 49,711 117,852 85,599
Motor and travel costs 825 340 1,165 144
Premises costs 6,505 6,505 6,655
Amortisation,
depreciation,
impairment,
profit/loss
on 802 802 700
disposal offixed assets
General administrative costs 11,441 591 12,032 9,730
Legal and professional costs 2,907 500 3,407 6,526
90,621 51,142 141,763 109,354
11 Net income before transfers
2023 2022
This is stated after charging: E E
Depreciation
ofowned
fixed assets 802 700
12 Staff costs
2023 2022
Salaries and wages 117,268 85,197
Pension costs 520 367
117,788 85,564
No employee
received
emoluments in excess of660,000.
13 Tangible fixed assets
Tangible fixe d assets
Fixtures,
fittings and Total
equipment
E
Cost or revaluation
At 1April 2022 64,326 64,326
Additions 1,517 1,517
At 31March 2023 65,843 65,843
Depreciation and impairment
At 1April 2022 60,948 60,948
Depreciation charge for the 802 802
year
At 31March 2023 61,750 61,750
Net book values
At 31March 2023 4,093 4,093
At 31March 2022 3,378 3,378

14 Debtors
2023 2022
E E
Trade debtors 2,250 19,788
Other debtors 1,888 412
Prepayments and accrued income 7,490 1,218
11,628 21,418
15 Creditors:
amounts falling due within one year
2023 2022
f E
Trade creditors 4,214 4,604
Other taxes and social security 1,293
Other creditors 3,507 3,351
Accruals 856 859
Deferred income 1,000 42,134
9,577 52,241

Movement in funds
Incoming
I'esoufces At 31
Resources Gross
At 1April (including
other
expended transfers March
2023
2022 gains/losses)
E
Restricted funds:
Restricted income funds:
Small General Restricted
Funds 3,317 35,380 (26,060) 404 13,041
Respect Festival 524 44,814 (48,223) 2,885 0
Destitution 519 126 (172) 473
Victim Support 23,326 30,000 (22,102) 31,224
International Women's Day 527 (751) 224
Contain Outbreak
management fund 6,884 17,379 (17,052) 7,211
Plymouth
Drake Foundation
Community Grant 259 259
Rank 22/23 - 23/24 29,176 (8,922) 20,254
Totol 35,356 156,875 (123,282) 3,513 72,462
Unrestricted funds:
General funds 27,054 4,271 (33,007) 23,266 21,584
Designated funds:
Devon Advocacy Service 20,241 11,314 (11,303) (20,252)
Equality
and
Diversity 3,497 4,500 (3,332) (4,665)
RISS 52,628 63,469 (44,889) 71,208
The BoxCulture Club 2,000 (138) (1,862)
Torol 76,366 81,283 (59,662) (26,779) 71,208
rotal funds 138,776 242,429 (215,951) 165,254

17 Analysis o fnet assets between funds
Unrestdcted Restricted
Total
funds funds
f f
Fixed assets 4,093 4,093
Net current assets 155,020 6,141 161,161
159,113 6,141 165,254
18 Reconciliation ofnet debt
At 31
At 1April March
2022 Cash flows 2023
f f f
Cash and cash equivalents 166,221 (7,111) 159,110
166,221 (7,111) 159,110
Net debt 166,221 (7,111) 159,110
19 Commitments
Operating lease commitments
Annual
commitments
under non-cancellable operating leases are as follows:
2023 2023 2022 2022
Land and Land and
Other Other
buildings buildings
f f
Operating leases with expiry date:
Pension commitments
2023 2022
f f
The pension cost charge to the company
amounted to: 520 367

Unrestricted Restricted
funds funds Total funds Totalfunds
2023 2023 2023 2022
E E E E
Income and endowments from:
Donations and legacies
Donations 792 126 918 2,392
792 126 918 2,392
Charitable
activities
Project grants 82,083 94,815 176,898 131,438
Respect festival 49,874 49,874 20,197
82,083 144,689 226,772 151,635
Other trading
activities
Training
&consultancy
2,235 2,235 2,580
2,235 2,235 2,580
Investments
Bank interest received 101 101
101 101
Other
Reimbursements 290 60 350
Other income 53 12,000 12,053 2,581
343 12,060 12,403 2,581
Total income and endowments 85,554 156,875 242,429 159,194
Expenditure
on:
Charitable
activities
Small grant fenders 2,048 14,756 16,804 6,723
Respect festival 0 47,384 47,384 27,299
Misc charitable activities 10,000 10,000
2,048 72,140 74,188 34,022
Total ofexpenditure
activities
on charitable 2,048 72,140 74,188 34,022
Employee costs
Salaries/wages 67,557 49,711 117,268 85,197
Pension costs 520 520 367
Staff welfare 35
Temporary
staff
64 64
68,141 49,711 117,852 85,599
Motor and travel costs
Travel and subsistence 825 340 1,165 144
825 340 1,165 144
Premises costs
Rent 6,156 6,156 6,261
Rates 349 349 349

Premises cleaning 45
6,505 6,505 6,655
Genera
I administrative
costs,
including
depreciation
and
amortisation
Depreciation
ofFixtures, fittings
802 802 700
and equipment
Bad debts 200 200 22
Bank charges 156 156 120
Equipment
leasing and
charges
hire 1,615 1,615 2,258
Equipment
repairs and
240 126 366 179
maintenance
General insurances 2,258 2,258 2,187
Postage and couriers 19 19 19
Software,
ITsupport
and related
costs
2,283 2,283 1,850
Stationery
and printing
559 60 619 276
Telephone, fax and broadband 4,111 405 4,516 2,819
12,243 591 12,834 10,430
Legal and professional
costs
Accountancy
and bookkeeping
1,620 1,620 1,620
Consultancy
fees
990 1,490 4,770
Solicitor's fees 35 35 35
Other legal and professional 262 262 101
costs
2,907 500 3,407 6,526
Total ofexpenditure
ofother costs
90,621 51,142 141,763 109,354
Total expenditure 92,669 123,282 215,951 143,376
Net gains on investments
Net income (7,115) 33,593 26,478 15,818
Transfers between
funds
(3,513) 3,513
Net income before other
gains/(losses)
(10,628) 37,106 26,478 15,818
Other Gains
Net movement
in funds
(10,628) 37,106 26,478 15,818
Reconciliation
offunds:
Total funds brought forward 103,420 35,356 138,776 122,958
Total funds carried forward 92,792 72,462 165,254 138,776