2023-01-31-accounts

		Page
Trustees' report		1-3
Statement ofTrustees'	responslbhhles
Independent auditofs	report	5-8
Statement offinancial	activities
Balance sheet		10
Statement ofcash howe		44
Notes to the financial	statements	11 i 23

						Unrestricted	Unrestricted
						funds	funds
						2023	2022
							es restated
					Notes		F.
Income and endowments			from:
Charitable actlvhies						34,769	1,675,464
Investments						6,489
Other income						354,215
Total Income						395,473	1,875,464
Raising funds					6	3,019
Charfiable acbvrbes					7	1,180,200	2,499,534
Total expenditure						1,183,219	2,499,534
Net outgoing	resources					(787,746)	(624,070)
Other recognised		gains	and	losses
Revaluabon of	tangible fixed assets					5,008
Other gains or	losses				12	225,760	12.422.264
Net movement	In funds					(556,978)	11,798,194
Fund balances	at 1 February 2022					26,950,196	15,174,766
Fund balances at		31 January		2023		26,393,218	26,972,960

					2023		2022
							as restated
				Notes			f.
Fixed assets
Tangible assets				13		625,000		933,686
Investments				14		1		45,001
						625,001		978,687
Current assets
Debtors				15	1,628,214		226,274
Investments				17	23,234,052
Cash at bank	and	in	hand		958,037		25,845,156
					25,820,303		26,071,430
Creditors: amounts			falling due within one
year				18	(52,086)		(77,157)
Net current assets						25,768,217		25,994,273
Total assets	less	current gabgldes				26,393,218		26,972,960
Income funds
Unrestncted	funds
General unrestricted			funds		26,095,950		26,676,336
Revaluabon reserve					297,268		296,624
						26,393,218		26,972,960
						26,393,218		26,972,960

				2023	2022
			Notes	8	6
Cash flows from operating		actMtles
Cash absorbed by operations			22	(2,205,6ry)		(416,817)
Investing	activities
Proceeds	on disposal of tangible fixed assets			501,I21	42,007,398
Proceeds	on disposal ofsubsidiaries				(1)
Proceeds	on disposal ofother investments			(23,189,052)
Investment	income received			6,489
Net cash	(used m)/generated fram mvestmg
activities				(22,681,442)		42,067,397
Financing	activities
Repayment	of bank loans				(24,000,000)
Net cash	used in financing	activities				(24,000,000)
Net (decrease)/increase in		cash and	cash equivalents
				(24,887,119)		17,650,580
Cash and	cash equivalents	at beginning	ofyear	25,845,156		8,194,576
Cash and	cash equivalents	at end ofyear		958,037		25,845,156

6	Raising funds
				Unrestricted	Tata I
				funds
				2023	2022
				6	6
	Advertising			300
				2,719
				3,019
7	Charitable activities
				Direct	Direct
				activities	activities
				2023	2022
				6	6
	Impairment losses			797,196
	Insurance			9,150	21,120
	Plexus set up costs		annual release		695,268
	Repairs and Mamtenance			3,150	6,739
	Protect Management		Fees	40,941	412,082
	Interest Payable	and	Similar Charges		664,174
	Rent			1,023	(6,574)
	Telephone and Fax			1,713	1,628
	Pnntmg Postage	and	Stationary	109	515
	Sundry Expenses			4,025	5,941
	Travel and Subsatance			10,113	764
	Ground Rent				1,085
	Service Charges			420	246,172
	Other chanteble	expenditure		8.731	7,435
				876,571	2,056,349
	Share of support	costs (see note 8)			651
	Share ofgovernance		costs Isee note 8)	303,629	442,534
				1,180,200	2,499,534

Support costs
	Support costs	Governance	2023Support	costs	Governance	2022
	f	costs f			costsf
Staff costs		121,862	121,862		164,593	164,593
Deprsciabon				651		651
Consultancy fees		30,000	30,000		44,100	44,100
Audit fees		16,350	16,350		15,270	15,270
Accountancy		52,664	52,664		45,749	45,749
Legal and professional		82,538	82,538		172,465	172,465
Bank charges		215	215		357	357
		303,629	303,629	651	442,534	443,185
Analysed between
Chantable acbvrtes		303,629	303,629	651	442,534	443,185

Administration
Employment	costs	2023	2022
		f	f
Wages and salaries		110,667	148,444
Soaal secunty	costs	9,876	13,946
Other pension	costs	1,319	2.203
		121,862	164,593

The number of employees	whose annual	remuneration	wes more than 860,000 is as
follows:
				2023	2022
				Number	Number
Band: 860,000 870,000
Band: 670,000-660,000
Band: 6100,000-6110,000

12	Other gains	orlosses
					Unrestricted	Unrestnciad
					funds	funds
					2023	2022
					6
	Gains ansing	from closure of activity			(225,760)	(12,422,264)
13	Tangible fixed assets
				auildings	Computers	Total
					6
	Cost or valuation
	At 1 February	2022		932,602	3,253	935,855
	Disposals			(308,686)		(308,686)
	At 31January	2023		623,916	3,253	627,169
	Depreciation	and impairment
	Depreci*don	rcharged	in the year		2,169	2,169
	At 31January	2023			2,169	2,169
	Carrying amount
	At 31January	2023		623,916	1,084	625,000
	At 31January	2022		932,602	1,084	933,686

		Unlisted	Other	Total
		Investmentsf	Investments
Cost or valuation
At 1 February	2022	45,000		45,001
Disposals		(45,000)		(45,000)
At 31January	2023
Carrying amount
At 31January	2023
At 31January	2022	45,000		45,001
			2023	2022
Other investments comprise:		Notes	f	f
Investments	in subsidianes	19

15	Debtors
							2023	2022
	Amounts	falling due	within	one year:
	Trade debtors							76,154
	Amounts	owed by subsidiary		undenak	ngs		1,463,020
	Other debtors						150,575	150,120
	Prepayments and accrued income						14,019
							1,628,214	226,274
16	Pmancial	instruments					2023	2022
							E	E
	Carrying	amount of	financial	assets
	Instruments measured		at fair	value thrcugh		profit or loss	23,234,052
17	Current	asset investments
							2023	2022
							E	E
	Unlisted	investments					23,234,052
18	Creditors: amounts		falling due within		one year
							2023	2022
								E
	Other taxation and social security						15,582	6,212
	Trade creditors						9,504	52,495
	Accruals	and deferred	incorse				27,000	18,450
							52,086	77,157