2022-03-31-accounts

			Page
Trustees'	report		1-4
Independent auditor's		report	6-9
Statement	offinancial	activities	8-9
Balance sheet			10-11
Statement	ofcash flows
Notes to	the financial	statements	13-24

The trustees,	who are also	the directors	for the purpose of	company law, and who served	during	the year and
up to the date	ofsignature	ofthe financial	statements were:
K Carter			(Resigned	29 November 2021)
Dr LS Davies
P Foley			(Resigned	12September 2022)
SJ George
DrS E Hall			(Resigned	29 November 2021)
M Rowlands
M Willis
N LJacobs			(Appointed	11 April 2022)
0 McBarnett			(Appointed	8 November 2021)
Dr JVseteckova			(Appointed	21 February 2022)
EJ Lowndes			(Appointed	23 May 2022)

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						2022		2021
					Notes
Fixed assets
Tangible assets					9		7,618		15,236
Investments					10		1,378,785		1,320,905
							1,386,403		1,336,141
Current assets
Debtors					12	76,060		122,944
Cash at bank		and	in	hand		554,097		462,964
						630,157		585,908
Creditors:	amounts			falling due within
one year						(328,233)		(372,183)
Net current	assets						301,924		213,725
Total assets		less	current liabilities				1,688,327		1,549,866
Capital funds
Endowment		funds	-	general			1,049,867		1,027,787
Income funds
Restricted	funds						92,939		64,819
Unrestricted		funds					545,521		457,260
							1,688,327		1,549,866

					2022		2021
				Notes
Cash flows from operating			activities
Cash generated		from operations		19		91,133		204,511
Investing	activities
Purchase	oftangible fixed assets						(3,090)
Net cash	used	in investing	activities					(3,090)
Net cash	used	in financing	activities
Net increase in		cash and cash equivalents				91,133		201,421
Cash and	cash	equivalents	at beginning	ofyear		462,964		261,543
Cash and	cash	equivalents	at end of	year		554,097		462,964

Charitable	a	ctivities
				2022	2021
					f
Staff costs				546,869	593,805
Activity costs				132,277	63,804
				679,146	657,609
Share ofsupport costs (see note 5)				297,260	313,209
Share ofgovernance			costs (see note 5)	12,355	8,764
				988,761	979,582
Analysis by Unrestricted		fund funds		851,466	881,835
Restricted	funds			137,295	97,747
				988,761	979,582

Support costs
		Support	Governance	2022Support costs		Governance	2021
		costs	costs			costs
		f.				F
Staff costs		137,540		137,540	130,782		130,782
Management		110,394		110,394	122,951		122,951
Finance costs		2,705		2,705	1,278		1,278
Information technology Human resources		46,139 482		46,139 482	57,202 996		57,202 996
Audit fees			11,922	11,922		8,764	8,764
Other governance	costs		433	433
		297,260	12,355	309,615	313,209	8,764	321,973
Analysed between Charitable activities		297,260	12,355	309,615	313,209	8,764	321,973

The average	monthly number ofemployees during th	e year was:
		2022	2021
		Number	Number
		35	40
Employment	costs	2022	2021
			E
Wages and salaries		615,454	657,973
Social security costs		51,165	49,233
Other pension costs		17,790	17,381
		684,409	724,587

		Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds		funds	funds
			general			general
		2022	2022		2021	2021	2021
		f.					P
Revaluation	of
investments		35,800	22,080	57,880	63,188	179,716	242,904

9	Tangidle fixed assets	Tangidle fixed assets
				Fixtures and	Computers	Total
				fittings
				F
	Cost
	At 1 April 2021			1,037	38,639	39,676
	At 31 March	2022		1,037	38,639	39,676
	Depreciation	and impairment
	At 1 April 2021			1,037	23,403	24,440
	Depreciation	charged	in the year		7,618	7,618
	At 31 March	2022		1,037	31,021	32,058
	Carrying amount
	At 31 March	2022			7,618	7,618
	At 31 March	2021			15,236	15,236

		Listed
		investments
Cost or	valuation
At 1 April	2021	1,320,905
Valuation	changes	57,880
At 31 March 2022		1,378,785
Carrying	amount
At 31 March 2022		1,378,785
At 31 March 2021		1,320,905

11	Financial instruments	Financial instruments	Financial instruments			2022	2021
						E
	Carrying amount of		financial assets
	Instruments measured		at fair value through	profit or loss		1,378,785	1,320,905
12	Debtors
						2022	2021
	Amounts falling due		within one year:			E
	Trade debtors						67,879
	Other debtors					64,175	39,343
	Prepayments	and accrued income				11,885	15,722
						76,060	122,944
13	Creditors: amounts		falling due within one year
						2022	2021
	Other taxation	and social security				12,311	14,107
	Deferred income				14	292,843	213,803
	Trade creditors					4,078	4,372
	Other creditors					4,498	131,952
	Accruals					14,503	7,949
						328,233	372,183

						2022	2021
Other deferred income						292,843	213,803
Deferred	income is	included		in the financial statements	as follows:
						2022	2021
							f
Deferred	income is	included		within:
Current	liabilities					292,843	213,803
Movements in the year:
Deferred	income at	1 April 2021				213,803	140,066
Released from previous			periods			(213,803)	(140,066)
Resources deferred		in the year				292,843	213,803
Deferred	income at	31	March	2022		292,843	213,803

			Movement	in funds		Movement	in funds
		Balance at	Incoming	Resources	Balance at	Incoming	Resources	Balance at
		1 April 2020	resources	expended	1 April 2021	resources	expended 31	March 2022
		f.	f		f	f.	f.	f
Sylvia's	Fund	34,141	30,681	(3)	64,819	28,353	(233)	92,939
Big Lottery			44,892	(44,892)		41,764	(41,764)
Children	in
Need			4,782	(4,782)		901	(901)
HS2
Groundworks			15,337	(15,337)		16,701	(16,701)
COVID
Support			32,733	(32,733)		77,696	(77,696)
		34,141	128,425	(97,747)	64,819	165,415	(137,295)	92,939

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	2022	2021
	E	E
Within one year	21,200	21,200
Between two and five years	21,200	42,400
	42,400	63,600

		2022	2021
			E
Aggregate	compensation	91,399	61,636

19	Cash generated from	operations			2022	2021
					E
	Surplus for the year				138,461	325,695
	Adjustments for:
	Fair value gains and losses on investments				(57,880)	(242,904)
	Depreciation and impairment oftangible		fixed assets		7,618	14,763
	Movements in working	capital:
	Decrease/(increase) in	debtors			46,884	(81,825)
	(Decrease)/increase in	creditors			(122,990)	115,045
	Increase in deferred income				79,040	73,737
	Cash generated from	operations			91,133	204,511
20	Analysis ofchanges in net funds
	The charitable company	had no debt during		the year.