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|Trustees||LDavies||||
|---|---|---|---|---|---|
|||SGeorge||||
|||N Jacobs||(Appointed|11April 2022)|
|||E Lowndes||(Appointed|23 May 2022)|
|||0 McBarnett||||
|||M Rowlands||||
|||M Willis||||
|||JVseteckova||||
|Secretary||K O' Sullivan||||
|Charity number||1106745||||
|Company|number|04941481||||
|Registered|office|Ardenham|Court|||
|||Oxford Road||||
|||Aylesbury||||
|||Bucks||||
|||UK||||
|||HP19 8HT||||
|Auditor||Richardsons||||
|||30 Upper High Street||||
|||Thame||||
|||Oxfordshire||||
|||OX9 3EZ||||
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|||||Page|
|---|---|---|---|---|
|Trustees'|report|||1-4|
|Independent
auditor's||report||5-7|
|Statement|offinancial|activities||8-9|
|Summary|income and|expenditure|account|to|
|Balance sheet||||11-12|
|Statement|ofcash flows|||13|
|Notes to|the financial|statements||14-27|
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||||||Unrestricted|Restricted|Endowment|Total|Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds||funds|funds|funds||
||||||2023|2023|2023|2023|2022|2022|2022|2022|
|||||Notes|6|E|E|E||E|6|E|
|Income f roric|||||||||||||
|Donations
end|legadss|||3|31,172|28,359||59.531|12,070|28,353||40,423|
|Charitable
acIMtles||||4|836,690|134,697||971,387|892,319|137,062||1,029,381|
|Total Income|||||867,862|163,056||1,030,918|904,389|165,415||1,069,804|
|~Ex a~~co|||||||||||||
|Ratslng funds|||||672|||672|462|||462|
|Charitable
actlvttles||||8|795,049|188,310||983,359|851,466|137,295||988,761|
|Total expenditure|||||795,721|188,310||984,031|851,928|137,295||989,223|
|Net gains/(losses)||on Investments||10|(4,140)||(63,029)|(67,169)|35,800||22,080|57,880|
|Net movement|fn|funds|||68,001|(25,254)|(63,029)|(20,282)|88,261|28,120|22,080|138,481|
|Net movement|In|funds|||68,001|(25,254)|(63,029)|(20,282)|88,261|28,120|22,080|138,461|
|Fund balances|at I||Aprg 2022||545,521|92,939|1,049,867|1,688,327|457,260|64 819|1 027 787|1 549866|
|Fund balances|st||31 March 2023||613,522|67,685|988,838|1,668,045|545,521|92,939|1,049,867|1,688,327|
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||||Att income funds||
|---|---|---|---|---|
||||2023f|2022f|
|Gross income|||1,030,918|1,069,804|
|(Losses)/gains|on investments||(4,140)|35,800|
|Total income|in the reporting|period|1,026,778|1 105604|
|Total expenditure
from income funds|||984,031|989,223|
|Net income for the year|||42,747|116,381|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||f|8|
|Fixed assets|||||||||
|Tangible assets||||12||193||7,618|
|Investments||||13||1,311,616||1,378,785|
|||||||1,311,809||1,386,403|
|Current assets|||||||||
|Debtors|||||35,894||76,060||
|Cash at bank and||in|hand||513,179||554,097||
||||||549,073||630,157||
|Creditors:|amounts||falling due within||||||
|one year||||15|(180,837)||(328,233)||
|Net current|assets|||||368,236||301,924|
|Total assets less||current liabilities||||1,680,045||1,688,327|
|Provisions|for liabilities|||||(12,000)|||
|Net assets||||||1,668,045||1,688,327|
|Capital funds|||||||||
|Endowment|funds|—general||||986,838||1,049,867|
|Income funds|||||||||
|Restricted|funds|||19||67,685||92,939|
|Unrestricted|funds|||||613,522||545,521|
|||||||1,668,045||1,688,327|
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||||||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|
||||Notes|f|||f|||
|Cash flows from operating||activities||||||||
|Cash (absorbed
operations|by)/generated|from|23|||(40,918)|||91,133|
|Net cash used|in investing|activities||||||||
|Net cash used|in financing|activities||||||||
|Net (decrease)/increase
in
equivalents||cash and cash||||(40,918)|||91,133|
|Cash and cash|equivalents
at beginning||ofyear|||554,097|||462,964|
|Cash and cash|equivalents|at end ofyear||||513,179|||554,097|
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|3|Donations|and legacies|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Resulcted|Total|unrestnctsd|Restricted|Total|
||||furtds|furr
de||funds|funds||
||||2023|2023
5|2023
5|2022f|2022|2022
5|
||Donations
and gifts
Legerdes receivable||31,172|28,359|31,172
28,359|11,578
492|28,353|11,578
28,353
492|
||Government|grant Income|||||||
||||31,172|28,359|59,531|12,070|28,353|40,423|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||E|E|
|Income within charitable||||activities|967,905|1,012,736|
|Fundraising|||||3,482|16,645|
||||||971,387|1,029,381|
|Analysis
by fund
Unrestricted
funds|||||836,690|892,319|
|Restricted|funds||||134,697|137,062|
||||||971,387|1,029,381|
|Raising funds|||||||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2023|2022|
||||||E|E|
|Fundraisin||and|ublicit||||
|Seeking donations,|||grants and legacies||672|462|
||||||672|462|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||||||6|
||Staff costs||||||575,015|546,869|
||Activity costs||||||101,801|132,277|
||||||||676,816|679,146|
||Share of support costs (see
Share ofgovernance
costs||note 7)
(see note 7)||||297,391
9,152|297,260
12,355|
||||||||983,359|988,761|
||Analysis
by fund
Unrestricted
funds
Restricted funds||||||795,049
188,310|851,466
137,295|
||||||||983,359|988,761|
|7|Support costs||Support
costs|Governance
costs
6|2023|Support
costs
6|Governance
costs
f|2022|
||Staff costs
Depreciation
Management
Finance costs
Information
technology
Human
resources||135,150
7,425
112,294
1,557
39,557
1,408||135,150
7,425
112,294
1,557
39,557
1,408|137,540
7,618
110,394
2,705
38,521
482||137,540
7,618
110,394
2,705
38,521
482|
||Audit fees
Other governance|costs||9,000
152|9,000
152||11,922
433|11,922
433|
||||297,391|9,152|306,543|297,260|12,355|309,615|
||Analysed
between
Charitable
activities||297,391|9,152|306,543|297,260|12,355|309,615|
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|The average
monthly
number
ofemployees
during the|year was:||
|---|---|---|
||2023|2022|
||Number|Number|
||30|35|
|Employment
costs|2023
f|2022
6|
|Wages and salaries
Social security costs
Other pension costs|635,439
55,599
19,127|615,454
51,165
17,790|
||710,165|684,409|
##
|Net galas/(t|osses)
o|n investments||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total Unrestricted||Endowment|Total|
|||funds|funds||funds|funds||
||||general|||general||
|||2023
9|2023
f|2023
6|2022|2022
f|2022
E|
|Revaluation
investments|of|(4,140)|(63,029)|(67,169)|35,800|22,080|57,880|
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|12|Tangible fixed assets|||||
|---|---|---|---|---|---|
||||Fixtures and|Computers|Total|
||||fittings|||
||||f.|||
||Cost|||||
||At 1 April 2022||1,037|38,639|39,676|
||At 31 March 2023||1,037|38,639|39,676|
||Depreciation
and impairment
At 1 April 2022
Depreciation
charged
in the year||1,037|31,021
7,425|32,058
7,425|
||At 31 March 2023||1,037|38,446|39,483|
||Carrying
amount
At 31 March 2023|||193|193|
||At 31 March 2022|||7,618|7,618|
|13|Fixed asset investments|||||
||||||Listed|
||||||lnvesbnents|
||||||F.|
||Cost or valuation|||||
||At 1 April 2022
Valuation
changes||||1,378,785
(67,169)|
||At 31 March 2023||||1,311,616|
||Carrying
amount
At 31 March 2023||||1,311,616|
||At 31 March 2022||||1,378,785|
|14|Debtors|||||
||Amounts
falling due|within one year:||2023f|2022f|
||Other debtors|||20,941|64,175|
||Prepayments
and accrued income|||14,953|11,885|
|||||35,894|76,060|
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||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Notes|E|E|
||Other taxation
and social||||security||||11,259|12,311|
||Deferred||income|||||17|134,872|292,843|
||Trade creditors||||||||17,253|4,078|
||Other creditors||||||||4,178|4,498|
||Accruals||and deferred|income|||||13,275|14,503|
||||||||||180,837|328,233|
||Provisions
for liabilities||||||||2023|2022|
||||||||||E|E|
||||||||||12,000||
||Movements
on provisions:||||||||||
||Additional||provisions
in the|||year||||12,000|
|17|Deferred||income||||||||
||||||||||2023|2022|
||||||||||E|E|
||Other deferred
income||||||||134,872|292,843|
||Deferred||income is included
in the financial statements||||as follows:||||
||||||||||2023|2022|
||||||||||E|E|
||Deferred||income is induded|||within:|||||
||Current|liabilities|||||||134,872|292,843|
||Movements
in the year:||||||||||
||Deferred||income at 1 April|||2022|||292,843|213,803|
||Released||from previous||periods||||(291,343)|(213,803)|
||Resources deferred
in|||the year|||||133,372|292,843|
||Deferred||income at 31|March 2023|||||134,872|292,843|
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|donation|s
and|grants
held on|trust for speci|fic purposes:|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Movement|in funds||Movement|in funds||||
|||Balance at
1 April 2021|Incoming
resources|Resources
expended|Balance at
1 April 2022|Incoming
resources|Resources
expended
31|Balance at
March 2023|||
|||E|E|E|E|E|E|||E|
|Sylvia's|Fund|64,819|28,353|(233)|92,939|28,360|(58,681)||62,618||
|Big Lottery|||41,764|(41,764)||60,073|(60,073)||||
|Children|in||||||||||
|Need|||901|(901)|||||||
|HS2|||||||||||
|Groundworks|||16,701|(16,701)||13,605|(13,605)||||
|COVID|||||||||||
|Support|||77,696|(77,696)|||||||
|Young Carers
in Schools||||||36,109|(31,042)||5,067||
|Yound Adult|||||||||||
|Carers||||||24,910|(24,910)||||
|||64,819|165,415|(137,295)|92,939|163,057|(188,311)||67,685||
##
|20|Analysts
of net assets between|funds|Unrestdcted|Restricted|Endowment|Total Unrestricted|Total Unrestricted|Restrtcted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||fullds|funds|funds||furtds|funds|funds||
||||2023|2023|2023|2023|2022|2022|2022|2022|
||||E|8|E|E|6|E|E|E|
||Fund balances at 31 March 2023|ere repmsented|||||||||
||by
Tengtbm assets
Investments
Unneat assets/(0abIlies)||193
324,778
300,551|67,685|986,836|193
1,311,616
368,236|7,618
328,918
208,985|92,939|1,049,867|7,618
1,378,785
301,924|
||Plnvlslons||(12,000)|||(12,000)|||||
||||613,522|67,685|986,838|1,668,045|545,521|92,939|1,049,867|1,688,327|
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|At the reporting
end date the charitable
company
had
payments
under non-cancellable
operating
leases, which|outstanding
commitments
for future
minim
fall due as follows:|um
lease|
|---|---|---|
||2023|2022|
||f|8|
|Nlithin one year|12,783|21,200|
|Between two and five years|1,041|21,200|
||13,824|42,400|
##
|2023|2022|
|---|---|
|9|f|
|97,022|91,399|
##
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##
|23|Cash generated
from operations|||2023f|2022
f|
|---|---|---|---|---|---|
||(Deficit)/surpus
for the year|||(20,282)|138,461|
||Adjustments
for:|||||
||Fair value gains and losses on investments|||67,169|(57,880)|
||Depreciation
and impairment
oftangible|fixed assets||7,425|7,618|
||Movements
in working
capital:|||||
||Decrease
in debtors|||40,166|46,884|
||Increase/(decrease)
in creditors|||10,575|(122,990)|
||(Decrease)
in provisions|||12,000||
||(Decrease)/increase
in deferred
income|||(157,971)|79,040|
||Cash (absorbed
by)/generated
from|operations||(40,918)|91,133|
|24|Analysis ofchanges
in net funds|||||
||The charitable
company
had no debt during||the year.|||