| Page | ||
|---|---|---|
| Report ofthe Trustees | ||
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | |
| Statement of Financial |
Position | 4-5 |
| Notes to the Financial Statements | 6-13 | |
| Detailed Statement of Financial Activities | 14 |
| Unrestricted | Restricted | Endowment | 2023 | 2022 | ||
|---|---|---|---|---|---|---|
| fund | fund | Building | total | Total | ||
| fund | funds | funds | ||||
| Notes | ||||||
| INCOME FROM | ||||||
| Charitable activities |
89,867 | 89,867 | 88,368 | |||
| Grants and donations | 39,302 | 91,094 | 130,396 | 65,912 | ||
| Bank interest | 553 | 553 | 141 | |||
| TOTAL INCOME | 129,722 | 91,094 | 220,816 | 154,421 | ||
| EXPENDITURE ON | ||||||
| Charitable activity |
113,742 | 82,189 | 195,931 | 167,365 | ||
| TOTAL EXPENDITURE | 113,742 | 82,189 | 195,931 | 167,365 | ||
| NET INCOME/(EXPENDITURE) | 15,980 | 8,905 | 24,885 | (12,944) | ||
| Reclassification | 6 | (9,207) | (7,415) | (16,622) | ||
| NET IVIOVEMENT IN FUNDS AFTER TRANSFERS |
6,773 | 1,490 | 8,263 | (12,944) | ||
| RECONCILLIATION OF FUNDS |
||||||
| Total funds brought forward |
149,565 | 38,889 | 379,799 | 568,253 | 581,197 | |
| TOTAL FUNDS CARRIED | ||||||
| FORWARD | 156,338 | 40,379 | 379,799 | 576,516 | 568,253 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | E | 6 | ||
| FIXEDASSETS | ||||
| Tangible | 9 | 410,848 | 414,933 | |
| Investment | 10 | 6,750 | 6,750 | |
| 417,598 | 421,683 | |||
| CURRENT ASSETS | ||||
| Debtors | 2,501 | 2,062 | ||
| Cash at Bank | 170,890 | 147,354 | ||
| 173,391 | 149,416 | |||
| CREDITORS | ||||
| Amounts falling due within |
one year | 12 | (14,473) | (2,846) |
| NET CURRENT ASSETS | 158,918 | 146,570 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES |
576,516 | 568,253 | ||
| NET ASSETS | 576,516 | 568,253 | ||
| FUNDED BY: | ||||
| General funds | 13 | 156,338 | 149,565 | |
| Restricted funds |
40,379 | 38,889 | ||
| Endowment funds |
379,799 | 379,799 | ||
| 576,516 | 568,253 |
| 2. | Charitable | activities | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| f | ||||
| Session fees | 90,555 | 87,318 | ||
| Registration | fees | 950 | 1,050 | |
| Gross fees | 95,488 | 88,368 | ||
| Bursaries | (1,638) | |||
| 89,867 | 88,368 |
| 2023 | 2022 | 2022 | |||||
|---|---|---|---|---|---|---|---|
| General | Restricted | General | Restricted | ||||
| Children in Need |
TA salaries | 30,000 | 30,000 | ||||
| Lady Hobson | Windows | 10,000 | |||||
| Lady Hobson | 10,000 | ||||||
| Barbara Ward | Therapists | &specialist teacher | 10,000 | 10,000 | |||
| A4A | Therapists | &specialist teacher | 10,000 | 5,000 | |||
| Sylvia Adams | 10,000 | ||||||
| Ctothworks | Windows | 9,800 | |||||
| Eastern Counties | Music Therapist | 8,424 | |||||
| HMRC Gilt Aid | 5,935 | ||||||
| The Hobson Charity |
Windows | 5,807 | |||||
| Masonic Trust | Therapists | &specialist teacher | 5,000 | ||||
| Bernard Sunley | Ventilation | system | 5,000 | ||||
| Welwyn Tennis |
Club | 4,300 | |||||
| Screwfix | Doors and | windows | 3,767 | ||||
| Herts | |||||||
| Community | Ventilation | system | 3,625 | ||||
| Charity Fun Day |
2,438 | ||||||
| Stevenage BC |
1,000 | ||||||
| Just Giving | 3,055 | ||||||
| Anonymous | 1,000 | ||||||
| Total of less than F1,000 | 5,011 | 6,709 | 435 | ||||
| Total | 39,302 | 91,094 | 6,709 | 59,202 | |||
| 4. Bank interest |
|||||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| Bank interest received | 533 | 141 | |||||
| 5. Net income for the year |
|||||||
| 2023 | 2022 | ||||||
| Income | is stated after charging | f | f | ||||
| Depreciation | 12,664 | 3,604 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Income is stated after charging |
E | 6 | ||
| Depreciation not previously charged reclassification ofasset |
afier | (16,434) | ||
| Reclassification restricted and |
reserves between general |
7,415 | ||
| Adjustment to |
prior year pension charges | (188) | ||
| (9,207) |
| COMPARATIVES | FOR THE S | TATEMENT | OF FINANCIAL | ACTIVITIES - | 2022 | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||
| fund | fund | fund | funds | |||
| E | 6 | 6 | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
88,368 | 59,203 | 147,571 | |||
| Other trading activities |
6,709 | 6,709 | ||||
| Investment income |
141 | 141 | ||||
| Total | 95,218 | 59203 | 154,421 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 91,287 | 70,983 | 162,270 | |||
| Other | 3,241 | 1,854 | 5095 | |||
| Total | 94,528 | 72,837 | 167,365 | |||
| NET INCOME/(EXPENDITURE) | 690 | (13,634) | (12,944) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought |
forward | 148,875 | 52,523 | 379,799 | 581,197 | |
| TOTAL FUNDS CARRIED FORWARD | 149,565 | 38,889 | 379,799 | 568,253 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Freehold | Property | Computer | Total | |
| property | improvements | Equipment | ||
| f | ||||
| COST | ||||
| As at 1 April 2022 | 407,189 | 9,269 | 5,250 | 421,708 |
| Reclassification | (27,390) | 27,390 | ||
| Additions | 25,012 | 25,012 | ||
| As at 31 march 2023 | 379,799 | 61,671 | 5,250 | 446,720 |
| DEPRECIATION | ||||
| As at 1 April 2022 | 1,854 | 4,921 | 6,775 | |
| Depreciation reclassified assets |
16,434 | 16,434 | ||
| Charge for the year | 12,335 | 329 | 12,664 | |
| As at 31 March 2023 | 30,623 | 5,255 | 35 573 | |
| NET BOOK VALUE | ||||
| As at 31 March 2023 | 379,799 | 31,048 | 410,847 | |
| As at 31 March 2022 | 407,189 | 7,415 | 329 | 414,933 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| investmentsf | |
| MARKET VALUE | |
| At 1 April 2022 and 31 March 2023 | ~6750 |
| NET BOOK VALUE | |
| At 31 March 2023 | 6,750 |
| At 31 March 2022 | 6,750 |
| DEBTORS | 2023 | 2022f |
|---|---|---|
| Session fees | 1,207 | 2,062 |
| Prepayments | 1 224 | |
| 2,501 | 2,062 |
| 12. | CREDITORS amounts | falling due within one year | 2023 | 2022 |
|---|---|---|---|---|
| F | ||||
| Trade creditors | 1,329 | |||
| Fees billed in advance |
5,817 | |||
| Accruals | 5,474 | |||
| PAYE & pension | 1,853 | 2,846 | ||
| 14,473 | 2,846 |
| MOVEMENT | IN FU | NDS | |||||||
|---|---|---|---|---|---|---|---|---|---|
| At 1st April 2022 |
Incoming resources |
Resources expended |
Prior year ad)ustment |
Net movement funds |
in | At 31st March 2023 |
|||
| E | 6 | 6 | |||||||
| Unrestricted | funds | ||||||||
| General fund |
149,565 | 129,722 | (113,742) | (9,207) | 6,773 | 156,338 | |||
| Restricted funds | |||||||||
| Restricted funds |
38,889 | 91,094 | (82,189) | (7,415) | 1,490 | 40,379 | |||
| Endowment | funds | ||||||||
| Building | 379,799 | 379,799 | |||||||
| TOTAL FUNDS | 568,253 | 220,816 | (195,931) | (16,622) | 8,263 | 576,516 |
| At 1st | Resources | Net | At 31st | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| April 2021 | Incoming resources |
expended | Prior year adjustment |
movement funds |
in | March 2022 |
||||
| F | E | 6 | ||||||||
| Unrestricted | funds | |||||||||
| General fund |
148,875 | 95,218 | (94,528) | 690 | 149,565 | |||||
| Restricted funds | ||||||||||
| Restricted funds |
52,523 | 59,203 | (72,837) | (13,634) | 38,889 | |||||
| Endowment | funds | |||||||||
| Building | 379,799 | 379,799 | ||||||||
| TDTAL FUNDS | 551,157 | 154,421 | (167,365) | 712,3447 | 5511,253 | |||||
| A current 12months | and prior | year 12moths | (24 month) position | is | as follows | |||||
| At 1st | Resources | Net | At 31st | |||||||
| April 2021 E |
Incoming resources E |
expended | Prior year adjustment E |
movement funds f |
in | March 2023 E |
||||
| Unrestricted | funds | |||||||||
| General fund |
148,875 | 224,940 | (208,270) | 9,207 | 7,463 | 156,338 | ||||
| Restricted funds | ||||||||||
| Restricted funds |
52,523 | 150,297 | (155,026) | (7,415) | (12,144) | 40,379 | ||||
| Endowment | funds | |||||||||
| Building | 379,799 | 379,799 | ||||||||
| TOTAL FUNDS | 581,197 | 375,237 | (363,296) | - | 16,622 | (4,681) | 576,516 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f | f | |||
| INCOME | ||||
| Fee Income | 89,867 | 88,368 | ||
| Grants | 91,094 | 59,203 | ||
| Donations | 39,302 | 6,709 | ||
| Bank interest | 553 | 141 | ||
| Total incoming | resources | 220,816 | 154,421 | |
| EXPENDITURE | ||||
| Depreciation | 12,664 | 3,604 | ||
| Wages | 119,369 | 109,149 | ||
| PAYE | 883 | 1,491 | ||
| Pensions | 1,779 | 1,611 | ||
| Heat, light, water |
2,199 | 2,152 | ||
| Insurance | 924 | 2,179 | ||
| Telephone | 1,406 | 1,206 | ||
| Postage, printing |
8 | stationery | 839 | 391 |
| Cleaning | 7,509 | 8,009 | ||
| Sundries | 1,000 | 2,428 | ||
| Software 8 licences |
1,097 | 805 | ||
| Training 8 staff expenses |
1,613 | 1,731 | ||
| Repairs & servicing |
3,996 | 2,992 | ||
| Teaching resources |
8 equipment | 3,516 | 10,443 | |
| Recruitment & DBS |
430 | 691 | ||
| Therapist services | 23,106 | 15,873 | ||
| Bank charges | 67 | 90 | ||
| Governance | 233 | |||
| Fundraiser fees |
5,786 | |||
| Marketing &website |
2,017 | |||
| Accountancy 8 legal |
fees | 5,497 | 2,520 | |
| Total resources expended | 195,931 | 167,365 | ||
| Net Income/(expenditure) | 24,885 | (42,244) |