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|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|
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|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|
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||||||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|
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|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|
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|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|
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|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|
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|||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|
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|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|
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|||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|
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|||||||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|
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|||2022|2021|
|---|---|---|---|
||||E|
|Aggregate|compensation|91,399|61,636|
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|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.|||