| Contents | Pages | |||
|---|---|---|---|---|
| Report ofthe Trustees | 1-11 | |||
| Independent Examiner's Report |
12-13 | |||
| Statement ofFinancial | Activities | 14 | ||
| Balance Sheet | 15-16 | |||
| Statement ofCash Flows | 17 | |||
| Notes to the Financial | Statements | 18-31 | ||
| THE FOLLOWING | PAGES ARE FOR MANAGEMENT | PURPOSES ONLY: | ||
| Detailed Income and Expenditure | Account | 32-34 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||
| Note | Funds | Funds | Funds | ||
| K | |||||
| INCOME | |||||
| Donations and legacies |
4,334 | 4,334 | 2,215 | ||
| Charitable activities |
641,348 | 641,34S | 677,258 | ||
| Other trading activities | 1,086 | 1,086 | 22 | ||
| Investment income |
63 | 63 | 3 | ||
| TOTAL INCOME | 646,831 | 646,831 | 679,498 | ||
| EXPENDITURE | |||||
| Raising funds | 81 | 81 | 54 | ||
| Charitable activities |
679,964 | 679,964 | 638,248 | ||
| TOTAL EXPENDITURE | 680,045 | 680,045 | 638,302 | ||
| NET INCOME BEFORENET GAINS | |||||
| ON INVESTMENTS | (33,214) | (33,214) | 41,196 | ||
| Net gains/(losses) on investments |
13 | (314) | (314) | 24,903 | |
| NET INCOME FORTHE YEAR/NET | (33,528) | (33,528) | 66,099 | ||
| MOVEMENT IN FUNDS FORTHE YEAR | |||||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward |
1,009,559 | 1,009,559 | 943,460 | ||
| Total funds carried forward | f.976,031 | f976,031K1,009,559 |
| STATEMENT OF CASH FLOW | S | |||
|---|---|---|---|---|
| FORTHE YEAR ENDED | ||||
| 31DECEMBER2022 | ||||
| Note | 2022 | 2021 | ||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net cash provided by operating activities |
21 | (76,196) | 63,880 | |
| CASH FLOWS FROM INVENTING ACTIVITIES | ||||
| Purchase ofprOpert, plant | and equipment | (16,245) | (1,003) | |
| Net cash (used in) investing | activities | (16/45) | (1,003) | |
| Change in cash and cash | equivalents in the year |
(92,441) | 62,877 | |
| Cash and cash equivalents | at the beginning ofthe year | 604,482 | 541,605 | |
| Cash and cash equivalents | at the end ofthe year | 22 | f512,041 | f604,482 |
| Asset Life | Rate | ||
|---|---|---|---|
| Freehold | land and buildings | 50/10 years | 2/10oio |
| Computer | equipment | 5 years | 20o/o |
| Motor vehicles | Reducing balance | 20o/o |
| CHARITABLE ACTIVITIES | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Unrestricted | Total | Total | ||
| Funds | Funds | Funds | ||
| Grants | 2,500 | 2,500 | 23,828 | |
| Service provision | 416,395 | 416,395 | 445,060 | |
| Parental contributions | 15,928 | 15,928 | 8,494 | |
| Day services | 205,677 | 205,677 | 199,490 | |
| Sundry income | 848 | 848 | 386 | |
| f641,348 | f641,348 | 6677,258 |
| ies as f | ollows: | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Service | provision | and | support | 636,227 | 675,770 |
| Leisure | clubs | 5,121 | 1,488 | ||
| f641,348 | f677,258 |
| In 2021 the income from charitable activities off |
In 2021 the income from charitable activities off |
677,258 was unrestricted. | |||
|---|---|---|---|---|---|
| 4. | OTHER TRADING ACTIVITIES | 2022 | 2021 | ||
| Unrestricted | Total | Total | |||
| Funds | Funds | Funds | |||
| f. | |||||
| Fundraising | activities | K1,086 | 61,086 | f.22 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||||||
| Funds | Funds | Funds | ||||||||
| Interest on deposit | accounts | f63 | f63 | |||||||
| In 2021 the | investment | income | ofK3 was | unrestricted. | ||||||
| ANALYSIS | OF | EXPENDITURE ON CHARITABLE ACTIVITIES | ||||||||
| Service | 2022 | 2021 | ||||||||
| Provision | Leisure | Total | Total | |||||||
| 4 | Support | Clubs | Funds | Funds | ||||||
| Staffcosts | 442,630 | 10,606 | 453,236 | 400,583 | ||||||
| Service provision | 100,779 | 100,779 | 125,204 | |||||||
| Publicity | 6,254 | 6/54 | 3,810 | |||||||
| Recruitment | and | training | 3,524 | 3,524 | 2,675 | |||||
| Travel, transport | and motor | 2,883 | 2,883 | 884 | ||||||
| Volunteers' | expenses | 730 | 730 | |||||||
| Activities | 1,166 | 495 | 1,661 | 873 | ||||||
| Ingredients | 1,673 | 1,673 | 357 | |||||||
| Resources | 1,086 | 1,086 | 1,026 | |||||||
| Bad debts | 2,164 | |||||||||
| Support costs | 75,222 | 75,222 | 71,614 | |||||||
| Governance | costs | 32,916 | 32,916 | 29,058 | ||||||
| Total | f668,863 | f11,101 f679,964 | f638,248 | |||||||
| The expenditure |
on | charitable | activities | in 2022 | of f679,964 (2021 | - f638,248) were | ||||
| unrestricted | funds. |
| basis for ap | porti | onment | and the ana | lysis ofsupport | and governance | costs. | |
|---|---|---|---|---|---|---|---|
| General | Governance | Basis of | |||||
| Support | Function | Total | Apportionment | ||||
| Premises | 25,056 | 1,319 | 26,375 | Usage | |||
| General Office | 32,356 | 1,703 | 34,059 | Usage | |||
| Af51iation | fee and licence | 1,251 | 1,251 | Transactions | |||
| Equipment | and | consumables | 5,410 | 5,410 | Usage | ||
| Bank charges | 217 | 217 | Transactions | ||||
| Disclosure | and | barring | service | 254 | 254 | Usage | |
| Depreciation | 10,678 | 562 | 11,240 | Usage | |||
| Independent | Examiner's | fee | 3,600 | 3,600 | Governance | ||
| Staffcosts | 23,854 | 23,854 | Governance | ||||
| Publicity | 1,104 | 1,104 | Governance | ||||
| Recruitment | and training | 622 | 622 | Governance | |||
| Travel, transport and motor |
152 | 152 | Governance | ||||
| f75,222 | f32,916 | $108,138 |
| 2022 | 2021 | |
|---|---|---|
| Service provision Day services Mencap clubs Governance |
7.2 5.3 2.7 1.0 |
10.0 3.4 1.0 1.0 |
| 16.2 | 15.4 |
| NO | TE | S | TO TH | E FINANCIAL STATEMENT (CONTINUED) |
S | |||
|---|---|---|---|---|---|---|---|---|
| FOR | THE YEAR ENDED | |||||||
| 31DECEMBER 2022 | ||||||||
| 13. | INVESTMENTS (CONTINUED) | |||||||
| The historical cost to the | charitable | company ofthe Charifund | ||||||
| Unit Trust | investment | held | at 31 December is | f58,481 | f58,481 | |||
| Investments | are held in | accordance | with trustees' powers. | |||||
| 14. | DEBTORS | |||||||
| 2022 | 2021 | |||||||
| Trade debtors | 29,044 | 25,890 | ||||||
| Prepayments | 4,862 | 1,379 | ||||||
| f33,906 | f27,269 | |||||||
| 15. | CREDITORS: Amounts | falling due within one year | ||||||
| 2022 | 2021 | |||||||
| Trade creditors | 10,403 | 22,657 | ||||||
| Deferred income (note | 16) | 37,944 | ||||||
| PAYE | 7,911 | 8,898 | ||||||
| Accruals | 17,896 | 14,296 | ||||||
| $36,210 | f83,795 |
| MOVEM | KNTS IN DEFERRE | D INCOME | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Deferred | income at 1 January 2022 | 37,944 | 17,836 | |
| Resources | released from previous | year | (37,944) | (17,836) |
| Resources | deferred in the year | 37,944 | ||
| Deferred | income at 31December | 2022 | f37,944 |
| 2022 | 2021 | ||
|---|---|---|---|
| Financial | assets that are debt instruments | 29,044 | 25,890 |
| Financial | liabilities that are debt instruments | 18,314 | 36,953 |
| ANALYSIS OFNET ASSETSBETW | EEN FUNDS | |||
|---|---|---|---|---|
| General | 2022 | 2021 | ||
| Unrestricted | Designated | Total | Total | |
| Funds | Funds | Funds | Funds | |
| Tangible fixed assets | 310,994 | - | 310,994 | 305,989 |
| Investments | 155,300 | 155,300 | 155,614 | |
| Current assets | 490,947 | 55,000 | 545,947 | 631,751 |
| Current liabilities | (36,210) | - | (36,210) | (83,795) |
| Net Assets at31December 2022 | f921,031 | f55,000 | f976,031K1,009,559 |
| 19. | ANALYSIS | OFCHARITABLE | OFCHARITABLE | FUNDS | ||||
|---|---|---|---|---|---|---|---|---|
| At | Incoming | Outgoing | (Loss) on | At | ||||
| 01.01.22 | Resources | Resources | Investment | Transfers | 31.12.22 | |||
| Analysis ofMovements | in | |||||||
| Unrestricted | Funds | |||||||
| General Fund | 954,559 | 646,831 | 680,045 | (314) | 921,031 | |||
| Designated Fund: |
||||||||
| -Building Fund | 30,000 | 30,000 | ||||||
| -Employment | Fund | 25,000 | 25,000 | |||||
| Total Unrestricted | 1,009,559 | 646,831 | 680,045 | (314) | 976,031 | |||
| Funds | ||||||||
| Total Funds | K1,009,559 | f646,831 | f680,045 | K(314) | f976,031 |
| 21. | RECONCILIATION OFNET INCOME/EXPENDITURE |
TO NET CASH FLOW | TO NET CASH FLOW |
|---|---|---|---|
| FROM OPERATING ACTIVITIES | |||
| 2022 | 2021 | ||
| Net income for the year before net gains on investments | (33/14) | 41,196 | |
| (as per the Statement ofFinancial Activities) | |||
| Adjustments for: Depreciation charges |
11,240 | 7,991 | |
| (increase) in debtors | (6,637) | (8,208) | |
| (Decrease)/Increase in creditors |
(47,585) | 22,901 | |
| Net cash provided by operating activities |
K(76,196) | f63,880 | |
| 22. | ANALYSIS OF CASH AND CASH EQUIVALENTS | ||
| 2022 | 2021 | ||
| Cash at bank and in hand | 512,041 | 604,482 | |
| Total cash and cash equivalents | f512,041 | f604,482 |