2023-03-31-accounts

Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Tntstees' Report			2to ll
Independent Examiner's		Report	12
Statement ofFinancial		Activities	13
Balance Sheet			14
Notes to the Financial	Statements		15to 22

Secretary				Ms M Desai
Charity Registration			Number	1105277
Company	Registration		Number	04662849
				The charity is	incorporated	in England &Wales.
Registered		OIItce		9Bernese Place
				London
				W1T 3AD
Independent		Examiner		Shammir Shah
				Chantberlains	UK LLP
				Chartered Accountants
				173Cleveland	Street
				London
				WIT 6QR
Accountants				Mehta k Tengra
				9Berners Place
				London
				W1T 3AD

				Unrestricted	Restricted	Total
				funds	funds	2023
			Note	f		f
income and Endowments		from:
Donations and legacies				45,743		45,743
Charitable activities					67,165	67,165
Investment income				586		586
Total income				46,329	67,165	113,494
Expenditure on:
Raising funds Charitable activities			6 7	(2,494) ~))9033	)94.906)	(2,494) ~7393))
Total expenditure				(21,519)	(54,906)	(76,425)
Net income				24,810	12,259	37,069
Net movement in funds				24,810	12,259	37,069
Reconciliation offunds
Total funds brought	forward			18,938	54,087	73,025
Total funds carried	fonvard		17	43,748	66,346	110,094
				Unrestricted	Restricted	Total
				funds	funds	2022
			Note		f.
Income and Endowments		from:
Donations and legacies				11,823		11,823
Charitable activities					78,866	78,866
Investment income				12		12
Total income				11,835	78,866	90,701
Expenditure on:
Raising funds				(2,196)		(2,196)
Charitable activities				(3,5 10)	(54,521)	(58,091)
Total expenditure				(5,766)	54,521	(60,287)
Net income				6,069	24,345	30,414
Net movement in funds				6,069	24,345	30,414
Reconciliation offunds
Total funds brought	forward			12,869	29,742	42,611
Total funds carried	fonvard		17	18,938	54,087	73,025

		Balance Sheet as at	31March 2023
				2023	2022
			Note		8
Current assets
Debtors			13		2,064
Cash at bank and in hand			14	121,362	78,012
				121,362	80,076
Creditors:	Amounts	fa)Hng due within one year	15	(11,268)	(7,051)
Net assets				110,094	73,025
Funds ofthe charity:
Restricted	income funds
Restricted	funds		17	66,346	54,087
Unrestricted income		funds
Unrestricted	funds			43,748	18,938
Total funds			17	110,094	73,025

			Unrestricted
			funds	Total
			General	funds
Donations	and legacies;
Donations from individuals			45,743	45,743
Total for	2023		45,743	45,743
Total for	2022		11,823	11,823
		Page 17

General	Fund
Total for	2023
Total for	2022

Restricted	Total
funds	fuads
67,165	67,165
67,165	67,165
78,866	78,866

		Unrestricted
		funds	Total
		General	funds
			f
Interest receivable	and similar income;
Interest receivable on bank deposits		586		586
Total for 2023		586		586
Total for 2022		12		12

					Unrestricted
					funds	Total
				Note	General	fuadsf
Donations					2,494	2,494
Total for 2023					2,494	2,494
Total for 2022					2,196	2, I96
7 Expenditure	on charitable	activities
				Unrestricted
				fends	Restricted	Total
				General	funds	funds
			Note			f
Grant funding of	activities				47,686	47,686
Governance costs				19,025	7,220	26,245
Total for 2023				19,025	54,906	73,931
Total for 2022				3,570	54,521	58,091
				Page 18

			Unrestricted
			funds	Restricted	Total
			General	funds	funds
					f
Staff costs
Wages and salaries			15,012	7,120	22,	132
Pension costs			424			424
Independent examiner		fees
Other fees paid	to examiners		2,100		2,	100
Other governance	costs		1,489	100	1,589
Total for 2023			19,025	7,220	26,245
Total for 2022			3,570	5,942	9,512

		2023		2022
		f
Staffcosts during	tbe year were:
Wages and salaries		22,	132	14,935
Pension costs			424	366
		22,556		15,301

2023	2022
No	No

11 Independent	examiner's	reniuaeration
			2023	2022f
Other fees to examiners
The examining	ofaccounts ofany associate ofthe charity		2,100	2,100

13 Debtors
			2023	2022
				f
Prepayments				2,064
14 Cash and cash equivalents
			2023	2022
				f
Cash at bank			121,362	78,012
15 Creditors: amounts	falling due vvtthtn	one year
			2023f	2022f
Other taxation and social	security		347
Other creditors			1,812	1
Accruals			9,109	7,050
			11,268	7,051

Notes to the Fi	nancial Statements for t	nancial Statements for t	nancial Statements for t	he Yea	r End	ed 31March 20	ed 31March 20	23	23
	Balance at I			Incoming		Resources		Balance at 31
		April f	2022	resources			expended f	March f	2023
General
General Fund			18,938	46,329			(21,519)	43,748
Restricted funds
Floating Schools		37,938		40,266			(23,592)	54,612
Dan's School			7,377				(3,851)		3,526
Emergency Relief			704	8,160			(8,290)		574
Covid Recovery Guernsey Covid Recovery			8,068	6,611 12,128		(12,757) ~t6.416			1,922 5,712
Total restricted funds		54,087		67,	165		(54,906)	66,346
Total funds		73,025		713,494		~76,425)		)	I)1.694
								Balance at
	Balance at I		Incoming	Resources				31March
	April	2021	resources f	expended f			Transfers	2022 f
Unrestricted funds
General
General Fund	12,869		11,835		(5,766)				18,938
Restricted
Floating Schools		(34)	55,622		(34253)		16,603		37,938
Dan's School	13,125				(4,972)		(776)		7,377
Guernsey Sec		(776)					776
Sophie/Freyja/Willow
Floating School	16,603						(16,603)
Emergency Relief		824	3,439		(3,559)				704
Covid Recovery			19,805		(11,737)				8,068
Total restricted funds	29,742		78,866		(54,521)				54,087
Total funds	42,611		90,701		(60,287)				73,025

		Unrestricted	Total funds at
		funds	31March
		General	2023
Current Current	assets liabilities	121,362 ~))),268	121,362 ~11,268)
Total net assets		110,094	110,094

		Unrestricted	Total funds at	Total funds at
		funds	31	March
		General	2022
				f
Current Current	assets liabilities	80,076 ~(7,tloI		80,076 (7,051)
Total net assets		73,025		73,025
19 Analysis ofnet funds
		At I April	At 31March
		2022		2023
Cash at	bank and in hand	78,012		78,012
Net debt		78,012		78,012
		At I April	At 31March
		2021		2022
		f		f
Net debt

		Unrestricted	Funds
			Total	Total
			Unrestricted	Unrestricted
			Funds	Funds
			2023	2022
Income and Endowments		from:
Donations and legacies			45,743	11,823
Investment income			586	12
Total income			46,329	11,835
Expenditure on:
Raising funds Charitable activities Total expenditure			(2,494) ~19,tl25 ~27,579	(2,196) ~3,570 ~5,766
Net income			24,810	6,069
Net movement in fimds			24,810	6,069
Reconciliation offunds
Total funds brought	forward		18,938	12,869
Total funds carried	forward		43,748	18,938

		Restricted	Funds
			Total	Total
			Restricted	Restricted
			Funds	Funds
			2023	2022
Income and Endoivments		from:
Charitable activities			67,165	78,866
Total income			67,165	78,866
Expenditure on: Charitable activities			~54.906)	~54,52))
Total expenditure			{54.9061	~54,52)
Net income			12,259	24,345
Net movement in funds			12,259	24,345
Recoaciliation offunds
Total funds brought	forward		54,087	29,742
Total funds carried	fonvard		66,346	54,087

Detailed	Stateme	n	t o	fFinancial Activities	for the Year Ended 3i Mar	ch 2023
					Total	Total
					2023	2022
						f
Income and Endowments		from:
Donations and legacies (analysed				below)	45,743	11,823
Charitable activities	(analysed		below)		67,165	78,866
Investment income	(analysed		below)		586	12
Total income					113494	90,701
Expenditure on:
Raising funds (analysed below) Charitable activities (analysed below)					(2,494) ~73.932	(2,196) ~38.09))
Total expenditure					776,423)	~360,287
Net income					37,069	30,414
Net movement in funds					37,069	30,414
Reconciliation offunds
Total funds brought	forward				73,025	42,611
Total funds carried	forward				110,094	73,025

							Total	Total
							2023	2022
Donations and legacies
Appeals and donations -	General						45,743	11,823
							45,743	11,823
Charitable acliviries
Grants receivable —FS							40,266	55,622
Grants receivable —ER							8,160	3,439
Grants receivable —CR							6,611	19,805
Grants receivable —GCR							12,128
							67,165	78,866
Invesrinenr income
Interest on cash deposits	—General						586	12
							586	12
Raising fimds Fundraising costs —General							~2,494 ~2,494	42,196) ~2, )96
Chnrirable nclivllies
Grants payable - institutions		-FS					(20,617)	(31,303)
Grants payable - institutions		-DS					(3,326)	(3,847)
Grants payable - institutions		-ER					(7,000)	(3,095)
Grants payable - institutions		-CR					(10,352)	(10,334)
Grants payable - institutions		-GCR					(6,391)
Wages and salaries - FS							(2,950)	(2,950)
Wages and salaries - DS							(500)	(500)
Wages and salaries —ER							(1,265)	(464)
Wages and salaries - CR							(2,405)	(1,403)
Wages and salaries - General							(15,012)	(9,618)
Staffpensions (Defined contribution)				—pension	scheme	I - General	(424)	(366)
Insurance -General							(1,080)	(976)
Computer soaware and maintenance				costs —General			(157)	(156)
Trade subscriptions - General							(156)	(152)
Independent examiner's fee —General							(2,700)	(2,700)
Under/(Over) prov ofindependent			examiner's		fee —Geneml		600	600
Consultancy fees —DS								(5'/5)
Management fees —General								10,000
Bank charges - FS							(25)
Bank charges —DS							(25)	(50)
Bank charges —ER							(25)

			Total	Total
			2023	2022
			f	f
Bank	charges	- GCR	(26)
Bank	charges	- General	(96) ~73.931	(202) ~5809e