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||||||Total|Total|
|---|---|---|---|---|---|---|
|||||Notes|2022|2021|
|INCOME FROM:|||||||
|Charitable
activities:|||||||
|Governors'
Seminars
AGM contributions
Training
Ancillary
income|and|Webinars|||103,804
65,665
176,625
4,156|94,774
27,408
128,462
8,708|
|Donations
and grants||||||456|
|Other trading activities:|||||||
|Subscriptions|||||403,082|368,015|
|Income from investments|||||7,319|6,606|
||||||760,651|634,429|
|EXPENDITURE ON:|||||||
|Charitable
activities|||||735,362|609,856|
||||||735,362|609,856|
|Net income before investment|||(losses)/gains||25,289|24,573|
|Net (loss)/gain
on investments|||||(5,978)|27,387|
|NET MOVEMENT IN|FUNDS||||19,311|51,960|
|Balance brought
forward|at|1 January 2022|||412,153|360,193|
|Balance carried forward|at 31December 2022||||K43 ],464|f.412,153|
##
##
||||||2022|2022|2021|
|---|---|---|---|---|---|---|---|
|||||Notes||||
|FIXEDASSETS||||||||
|Tangible fixed assets|||||17,018|39,343||
|investments|||||219,768|225,746||
|||||||236,786|265,089|
|CURRENT ASSETS||||||||
|Bank accounts|||||522,236|525,382||
|Debtors|||||227,933|135,827||
||||||750,169|661,209||
|CURRENT LIABILITIES||||||||
|Creditors: amounts|due|within one year||6|(544,614)|(499,158)||
|NET CURRENT|ASSETS|||||205,555|162,051|
|TOTAL ASSETS|LESS||CURRENT|||442,341|427,140|
|LIABILITIES||||||||
|NON CURRENT|LIABILITIES|||||||
|Pension liability||||10||(10,877)|(14,987)|
|NET ASSETS||||||431,464|6412,153|
|REPRESENTED|BY|||||||
|UNRESTRICTED|FUNDS:|||||||
|General Fund (including|||revaluation|||||
|gains to date off44,678||(2021:f50,746||||||
|gain))||||||431,464|$412,153|
|These accounts are prepared|||in accordance with the special provisions ofPart 15ofthe Companies||||Act relating to small|
|companies
and constitute||the annual accounts required|||by the Companies|Act 2006.||
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
||||Note|||
||Cash flows from operating
activities:|||(10,465)|101,641|
||Cash flows from investing
activities:|||||
||Investment
income
Payments
to acquire tangible
fixed assets|||7,319|6,606
(1,855)|
||Net cash provided
by investing
activities|||7,319|4,751|
||Change in cash and cash equivalents
in the reporting|period||(3,146)|106,392|
||Cash and cash equivalents
at the beginning ofthe reporting||period|525,382|418,990|
||Cash and cash equivalents
at the end ofthe reporting|period||6522,236|K525,382|
||NOTE TO THE CASHFLOW STATEMENT|||||
||a
RECONCILIATION
OFNET MOVEMENT IN FUNDS TO NET
CASH FLOW FROM OPERATING ACTIVITIES|||2022|2021|
||Net movement
in funds
Investment
income
Depreciation
Losses/(gains)
on investments
(Increase) in debtors
Increase in creditors|||19,311
(7,319)
22,325
5,978
(92,106)
41,346|51,960
(6,606)
22,753
(27,387)
(17,950)
78,871|
||Net cash &om operating
activities|||$(10,465)|$101,641|
|b|ANALYSIS OF CHANGES IN NET FUNDS|||||
||||At start|Cash|At end|
||||ofyear|Flows|ofyear|
||Bank current accounts
Bank deposit accounts||39,220
486,162|5,576
(8,722)|44,796
477,440|
||||K525,382|$(3,146)|6522,236|
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|2.|EXPENDITURE ON|CHARITABLEACTIVITIES||||
|---|---|---|---|---|---|
|||||2022|2021|
||Staff costs
Office expenses
Printing,
postage and telephone
Meetings
and travel
Governors'
seminars
AGM expenses
Governance
review costs
Legal and Professional
fees
e-Learning
courses
Depreciation|||466,058
72,229
7,301
4,793
10,935
46,743
61,387
37,177
6,414
22,325|428,141
63,308
'7,060
2,942
15,361
1,000
38,076
24,265
6,950
22,753|
|||||f735,362|6609,856|
||Governance
costs (within professiona1 fees) inciude
Auditor's
remuneration|||||
||-Audit|||||
||- Other services|||K7,325
f.925|$6,100
f840|
|3.|FIXEDASSETS|||Computer||
||||Office|Equipment/||
||||Equipment|Software|Total|
||COST|||||
||At
1 January 2022
Additions||9,634|186,742|196,376|
||At 31 December 2022||9,634|186,742|196,376|
||DEPRECIATION|||||
||At
1 January 2022
Charge for the year||9,191
189|147,842
22,136|157,033
22,325|
||At 31 December 2022||9,380|169,978|179,358|
||NET BOOK VALUE|||||
||At 31 December 2022||f.254|f.l6,764|f.l7,018|
||At 31 December 2021||f443|F38,900|E,39,343|
##
|4.|INVESTMENTS||2022|2021|
|---|---|---|---|---|
||Market value at
1 January 2022||225,746|198,359|
||Net investment
(losses)/gains||(5,978)|27,387|
||Market value at 31 December 2022||5219,768|F225,746|
||Historical cost at 31 December 2022||6175,000|K175,000|
||The investment
is held in CAF UK Equitrack Fund units.||||
|5.|DEBTORS||2022|2021|
||Other debtors||206,130|119,556|
||Prepayments
and accrued income||21,803|16,271|
||||f227,933|E135,827|
|6.|CREDITORS||2022|2021|
||Other creditors
and accruals||59,180|41,827|
||Subscriptions
in advance||469,907|405,770|
||Other fees and contributions
in advance||12,395|48,520|
||Pension scheme liability (note 10)||3,132|3,041|
||||6544,614|f499,158|
||Deferred income at 1 January 2022|||454,290|
||Amounts
released from previous|years||(454,290)|
||Resources deferred
during the year|||482,302|
||Deferred
income at 31 December|2022||$482,302|
##
##
||2022|2021|
|---|---|---|
|Salaries
Social security
Pension scheme liability remeasurement
Other pension costs
Settlement
agreements|394,284
40,987
(1,213)
20,000
12,000|382,773
36,172
(9,693)
18,889|
||6466,058|5428,141|
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|Provision
at stait ofaccounting|period||18,028|
|---|---|---|---|
|Unwinding
ofthe discount factor|||235|
|Deficit contributions
paid|||(3,041)|
|Remeasurement
—amendments|to contribution|schedule|(1,213)|
|Provision
at end ofaccounting|period||KI4,009|
|The liability
is repayable|in instalments|fallhig due as follows:|2022|2021|
|---|---|---|---|---|
|In less than one year|||3,132|3,041|
|In one to two years|||3,226|3,088|
|In two to five years|||7,651|9,557|
|In greater than five years||||2,342|
||||K14,009|5,18,028|