## ## ## ## ## ## |||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| ## ## ## ## ##