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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|4|
|Report ofthe Independent
Auditors|5|to|6|
|Statement ofFinancial Activities||||
|Balance Sheet|8|to|9|
|Cash Flow Statement||10||
|Notes to the Cash Flow Statement||||
|Notes to the Financial Statements|12|to|19|
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||||FOR TH|E YEAR|ENDED 31AUG|UST 2022|||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|fund|funds|funds|
|||||Notes|||||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies||||2|1,544,418||1,544,417|1,750,892|
|Other trading activities||||3|473,983|53,550|527,534|453,943|
|Investment
income||||4|250,764||250,764|250,126|
|Other income|||||88 508||88 508||
|Total|||||2,357,673|53 550|2411,223|2454 961|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Salaries|||||356,285||356,285|247,095|
|Social security costs|||||24,513||24,513|10,256|
|Rates and water|||||46,458||46,458|38,769|
|insurance|||||15,070||15,070|12,618|
|Light and heat|||||78,920||78,920|51,931|
|Telephone
and fax|||||5,074||5,074|4,442|
|Printing
postage and|stationery||||13,029||13,029|4,585|
|Advertising|||||222||222|2,136|
|Bookshop purchases|||||36,095||36,095|42,342|
|Travel and subsistence|||||15,765||15,765|6,947|
|Community
events|||||121,970||121,970|14,049|
|Cleaning|||||3,346||3,346|554|
|Repairs and maintenance|||||66,047||66,047|56,449|
|E Learning|||||261,290||261,290|317,720|
|Rent payment|||||3,972||3,972|4,972|
|Sundries|||||16,960||16,960|9,I I I|
|Education|||||144,161||144,161|63,360|
|Office admin|||||123,673||123,673|123,238|
|Funeral
service expenses|||||||||
|||||||26,299|26,299|11,243|
|Web costs|||||||||
|||||||||20,658|
|Other|||||147 180||147,180|150612|
|Total|||||I 480030|26299|I 506329|1,193087|
|NET INCOME|||||877,643|27,251|904,894|1361,874|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought|forward||||5,742,563|449,374|6,191,937|4,930,063|
|TOTAL FUNDS CARRIED FORWARD|||||6,620,206|476,625|7,096,831|6,191,937|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||f,||
|FIXEDASSETS||||||
|Tangible assets|10|3,762,453|79,755|3,842,208|3,533,078|
|Investment
property||I 171 834||1,171,834|1,277,019|
|||4,934,287|79,755|5,014,042|4,810,097|
|CURRENT ASSETS||||||
|Stocks|12|101,956||101,956|96,747|
|Debtors|13|244,223||244,223|114,144|
|Cash at bank and in hand||2512,156|396871|2,909,027|2349,266|
|||2,858,335|396,871|3,255,206|2,560,157|
|CREDITORS||||||
|Amounts
falling due within one year|14|(418,373)||(418,374)|(396,485)|
|NET CURRENT ASSETS||2,439962|396871|2836 832|2 163672|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||7,374,249|476,625|7,850,874|6,973,769|
|CREDITORS||||||
|Amounts
falling due aAer more than one year|15|(754,043)||(754,043)|(781,832)|
|NET ASSETS||6,620,206|476 625|7096.831|6.191,937|
|FUNDS|18|||||
|Unrestricted
funds||||6,620,206|5,742,563|
|Restricted
funds||||476 625|449374|
|TOTAL FUNDS||||7 096,831|6,191,937|
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|||||CASH FLOW|STATEMENT||
|---|---|---|---|---|---|---|
||||FOR THE YEAR ENDED 3I AUGUST 2022||||
||||||2022|2021|
|||||Notes|||
|Cash flows from operating|activities||||||
|Cash generated
from operations
Interest paid|||||799,645
~27,592|1,338,215
~17196|
|Net cash provided
by operating||activities|||772 053|I 321 019|
|Cash flows from investing|activities||||||
|Purchase oftangible
fixed assets|||||(406,249)|(335,361)|
|Purchase ofinvestment
property|||||(156,307)|(333,493)|
|Sale oftangible fixed assets|||||88,508||
|Sale ofinvestment
property|||||261,492||
|Interest received|||||264|469|
|Net cash used in investing|activities||||~212.292)|~660,305)|
|Change in cash and cash|equivalents|||in|||
|the reporting
period|||||559,761|652,634|
|Cash and cash equivalents|at the||||||
|beginning ofthe reporting|period||||2349266|I 696632|
|Cash and cash equivalents|at the||end|of|||
|the reporting
period|||||2,909,027|2.349266|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|Net income|for the|reporting|||period (as per the Statement ofFinancial|||
|Activities)||||||904,894|1,261,874|
|Adjustments|for:|||||||
|Depreciation|charges|||||97,120|91,813|
|Profit on disposal offixed assets||||||(88,508)||
|Interest received||||||(264)|(469)|
|Interest paid||||||27,592|17,196|
|Increase in stocks||||||(5/09)|(4,990)|
|Increase in debtors
(Decrease)/increase||in creditors||||(130,079)
~5,901|(94,202)
66,993|
|Net cash provided
by|||operations|||799,645|I 338.215|
|ANALYSIS|OF CHANGES IN NET FUNDS|||||||
||||||At 1.9.21|Cash flow|At 31.8.22|
|Net cash||||||||
|Cash at bank|and in|hand|||2,349,266|559,761|2,909,027|
||||||2,349,266|559,761|2,909,027|
|Debt||||||||
|Debts falling
Debts falling|due within
due after||1|1 year
year|(25,230)
~781832|(1,143)
27789|(26,373)
~754,043|
||||||~807062|26 646|780,416|
|Total|||||I 542 204|586,407|2,128 611|
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|||||||
|---|---|---|---|---|---|
|2.|DONATIONS||AND LEGACIES|||
|||||2022f|2021|
||Donations|||1,372,769|1,598,401|
||Gift aid|||171,648|152,491|
|||||1,544,417|1.750.892|
|3.|OTHER TRADING ACTIVITIES|||||
|||||2022|2021|
||Bookshop|income||62,577|85,666|
||Funeral services|||53,551|66,406|
||Other income|||18,703|5,560|
||E-Learning|and|education|392703|296,311|
|||||527,534|453,943|
|4.|INVESTMENT INCOME|||||
|||||2022|2021|
||Rents received|||250,500|249,657|
||Gift aid interest|||264|469|
|||||250,764|250,126|
|5.|CHARITABLE ACTIVITIES COSTS|||||
||||||Direct|
||||||Costs|
||Salaries||||356,285|
||Social security costs||||24,513|
||Rates and|water|||46,458|
||Insurance||||15,070|
||Light and|heat|||78,920|
||Telephone|and fax|||5,074|
||Printing
postage||and stationery||13,029|
||Advertising||||222|
||Bookshop|purchases|||36,095|
||Travel and|subsistence|||15,765|
||Community|events|||121,970|
||Cleaning||||3,346|
||Repairs and maintenance||||66,047|
||E Learning||||261,290|
||Rent payment||||3,972|
||Sundries||||16,960|
||Education||||144,161|
||Office admin||||123,673|
||Funeral service||expenses|||
||||||26,299|
||||||1.359,149|
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|||||Governance||
|---|---|---|---|---|---|
||||Management|costs|Totals|
|Other|resources|expended|97 120|22,468|119,588|
##
|||2022|2021|
|---|---|---|---|
|Auditors'|remuneration|4,100|4,100|
|Auditors'|remuneration
for non audit work|2,000|2,000|
|Depreciation
- owned assets||97,119|91,813|
|Surplus|on disposal offixed assets|~88,508||
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|STAFFCOSTS|||||
|---|---|---|---|---|
||||2022|2021|
|Wages and salaries|||356,285|391,354|
|Social security costs|||24,513|7,385|
|Pension|||5,700|2 857|
||||386,489|401,596|
|The average monthly|number ofemployees|for the year was as follows:|2022|2021|
|Administration|||9|9|
|Teaching
and fundraising|||64|39|
|Total|||73|48|
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|10.|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|---|
|||||Fixtures|||
|||Freehold|Plant and|and|Computer||
|||property|machinery|fittings|equipment|Totals|
||COST||||||
||At I September 2021|4,171,675|27,500|161,559|155,850|4,516,584|
||Additions|394899||5,865|5,485|406 249|
||At 31 August 2022|4,566,574|27 500|167,424|161 335|4922 833|
||DEPRECIATION||||||
||At I September 2021|741,075|4,125|132,486|105,820|983,506|
||Charge for year|80,046|3,506|5+40|8327|97,119|
||At 31 August 2022|821,121|7,631|137,726|114,147|1,080,625|
||NET BOOK VALUE||||||
||At 31 August 2022|3,745,453|19,869|29,698|47,188|3 842,208|
||At 31August 2021|3,430 600|23,375|29,073|50,030|3,533,078|
|11.|INVESTMENT PROPERTY||||||
||FAIR VALUE||||||
||At I September 2021|||||1277,019|
||Additions|||||156,307|
||Disposals|||||~261.492|
||At 31 August 2022|||||1,171,834|
||NET BOOK VALUE||||||
||At 31 August 2022|||||1.171.834|
||At 31 August 2021|||||1277,019|
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|||2022|2021|
|---|---|---|---|
|Finished|goods|101,956|96,747|
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|13.|DEBTORS:AMOUNTS FALLING D|UE WITHIN ONE YEAR||
|---|---|---|---|
|||2022|2021|
|||f||
||Other debtors|120,511|5,200|
||Prepayments
and accrued income|116,440|101,304|
||Prepay ments|7272|7,640|
|||244,223|114144|
|14.|CREDITORS: AMOUNTS FALLING|DUE WITHIN ONE YEAR||
|||2022|2021|
||Bank loans and overdraAs (see note 16)|26,373|25,230|
||Social security
and other taxes|5,741|1,763|
||Other creditors|340,339|332,776|
||Wages|37,514|28,542|
||Pensions|1,164|931|
||Accrued expenses|7 243|7,243|
|||418.374|396,485|
|15.|CREDITORS: AMOUNTS FALLING|DUE AFTER MORE THAN ONE YEAR||
|||2022|2021|
||Bank loans (see note 16)|754,043|781,832|
|]6.|LOANS|||
||An analysis ofthe maturity ofloans is given below:|||
|||2022|2021|
||Amounts
falling due within one year on|demand:||
||Bank loans|26373|25,230|
||Amounts
falling due in more than five years:|||
||Repayable
by instalments:|||
||Bank loans more 5 yr by instal|754,043|781,832|
|17.|SECURED DEBTS|||
||The following
secured debts are included|within creditors:||
|||2022|2021|
||Bank loans|780,416|807,062|
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|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.9.21|in funds|31.8.22|
|Unrestricted|funds||||||
|General
fund||||5,742,563|877,643|6,620,206|
|Restricted
funds|||||||
|Restricted
fund||||449,374|27,251|476,625|
|TOTAL FUNDS||||6 191937|904894|7096831|
|Net movement|in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted|funds||||||
|General
fund||||2,357,673|(1,480,030)|877,643|
|Restricted
funds|||||||
|Restricted
fund||||53,550|(26399)|27+51|
|TOTAL FUNDS||||2,411,223|~1,306,329)|904,894|
|Comparatives|for movement|in|funds||||
||||||Net||
||||||movement|At|
|||||At 1.9.20|in funds|31.8.21|
|||||||f|
|Unrestricted|funds||||||
|General
fund||||4,535,852|1,206,711|5,742,563|
|Restricted
funds|||||||
|Restricted
fund||||394,211|55,163|449,374|
|TOTAL FUNDS||||4,930,063|1,261,874|6,191,937|
##
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||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General
fund|2,388,555|(1,181,844)|1+06,711|
|Restricted
funds||||
|Restricted
fund|66,406|(11,243)|55,163|
|TOTAL FUNDS|2434 961|~1,193087)|1,261,874|
|||||||Net||
|---|---|---|---|---|---|---|---|
||||||movement||At|
|||||At 1.9.20||in funds|31.8.22|
|||||f||f||
|Unrestricted|||funds|||||
|General|fund|||4,535,852|2,084,354||6,620,206|
|Restricted|||funds|||||
|Restricted||fund||394,211||82,414|476,625|
|TOTAL|FUNDS|||4930063|2|166768|7096 831|
||incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General
fund|4,746,228|(2,661,874)|2,084,354|
|Restricted
funds||||
|Restricted
fund|119,956|(37,542)|82,414|
|TOTAL FUNDS|4,866,184|~2,699416|2,166768|
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