REGISTERED COMPANY NUMBER: 05436324 (England and Wales) REGISTERED CHARITY NUMBER: 1111554
Report of the Trustees and
Unaudited Financial Statements
For The Year Ended 31 March 2024
for
Together in Matson
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
Together in Matson
Contents of the Financial Statements For The Year Ended 31 March 2024
| Page | ||
|---|---|---|
| Report of the Trustees | 1 to | 5 |
| Independent Examiner's Report | 6 | |
| Statement of Financial Activities | 7 | |
| Balance Sheet | 8 | |
| Notes to the Financial Statements | 9 to | 16 |
Together in Matson (Registered number: 05436324)
Report of the Trustees For The Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The aim of the Charity is to support and empower both young and old members of the Matson community to achieve positive personal change and overcome barriers to their wellbeing and personal development, which will build a healthier and happier and more cohesive community.
Public benefit
The charity looks to achieve these objectives, whilst demonstrating its charitable purpose for the public benefit by the provision of support for the community providing them with assistance, opportunity and advice. This includes educational and careers advise and health and well being and exercise programmes..
The charity provides the Matson Community with a place where people can come together to socialise, have fun and friendship, gain new skills and experiences, be healthier, build resilience and happiness. Working together to increase the community's capacity yo achieve whilst tackling social issues to improve life's positive influences..
The Trustees consider that they have complied with their duty to have due regard to the public benefit guidance when exercising any powers or duties to which the guidance is relevant.
Page 1
Together in Matson (Registered number: 05436324)
Report of the Trustees For The Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES Achievement and Performance
This year has been dominated by one subject this being the "Cost of Living crisis. It has hit a large number of the Matson Community. With the hard work of the TiM and supporting agencies TiM has been able to assist and support evermore old and young people "get through" this crisis. By no means can we sit back, but TiM can give itself a huge "pat on the back".
The numbers of the Matson community attending the variety of clubs and activities have again increased back to the numbers that were attending prior to the Covid years, this has been a success.
The renewal of the Redwell Centre lease was reported to the Trustees and management. In order to achieve this a number of Health and Safety etc. surveys and reports, from a variety of agencies, had to be gathered. This was successfully completed with a small number of issues identified which were immediately corrected.
The activities arranged such as Summer/Winter programmes (during school holidays) were a success along with over 150 people visiting the Xmas event held at the Redwell Centre. The feedback from all of the above was a joy to read and TO be a part of.The now, annual "Matsons got talent" event proved to be another success with the young people proving that they have got talent.
TiM again has proven to be Gloucestershire "go to organisation" supporting the Gloucester Council and others who wish to work with TiM.
In the year to 31st March 2024 TiM had experienced what could be best described as both slow growth and consolidation
Slow (but continued) Growth
The numbers who were regularly visiting/attending clubs at the Redwell Centre (both young and old) continued to increase, but not in large numbers. Had the increase been larger, it would have meant that the team at TiM would have been overloaded, but they managed to cope with this slight increase in number. It of course meant that there was an increase in work, time and support required.
Unfortunately the number of the Matson community members experiencing difficulties in their lives rose. It was obvious that the issues had also become more complex, for example:
" Disputes between family members (involving organisations as the Police, Social Services, Medical practitioners etc)
" Poor health - meaning that TiM had to arrange more support from the NHS, examples such as - Mother and Babies events, Covid 19 injections etc,
" With the Council and Gloucester City Homes (GCH) - In the main money (or lack of) leading to rent arrears and building maintenance issues.
" With the major Energy and Water providers
All of the above required TiM's assistance and support. As the local/national support agencies appeared to not have sufficient resources to meet the demands, this left TiM as the "initial go to" organisation. In some ways this has been good, as it has meant that we have met one of TiM's long term goals, this being to move away from just a youth organisation and become a community based project.
Consolidation
The work to ensure that the plans for the modernisation/rebuild of the old school lodge (situated at the far end of Matson) has continued, although several challenges had to be overcome. These challenges being set by the partners in this development, e.g.: Gloucester City Council and Gloucester City Homes (GCH)b. It was also noted that both had set each other several "planning" challenges.
Progress towards this aim and goal continues. It has always been recognised and reiterated by the Trustees, to everyone involved, that this was going to be a "marathon and not a sprint". Efforts by everyone involved have been very much appreciated.
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Together in Matson (Registered number: 05436324)
Report of the Trustees For The Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Redwell Centre
TiM have successfully received (albeit currently verbal) confirmation that the council's 25 year lease for the Redwell building had been accepted. The centre building and infrastructure can now be deemed to be "fit for purpose" e.g.: Fire safe and in compliance with the current exacting Health & Safety standards. At the time of writing this report TiM were still waiting for the official written confirmation.
Funding bids - New recruit - Vicki Lynn.
Vicki has already begun to assist the manager by actively pursuing more bids than ever before. Allowing the manager more time for other supporting TiM activities.
The two major funding bids have remained the funds to pay the TiM team's wages and the School Lodge
Manager retirement
The Project manager indicated that in early 2025, she wanted to reduce her hours working at TiM for 3 days a week. The Trustees have discussed and are aware that this going to be a very difficult position to replace. The managers job role and responsibility has changed so much even in the last 5 years.
Comparison with 2023/2024
The period has again, just like last period, been dominated by the "Cost of Living" crisis. There has been, sadly a lack of instances of kindness, within the community. Unfortunately, there have been several instances of the members of the community resorting to drugs and alcohol, as a supposed way to "mask these issues.
New ideas for the future have been focused upon setting up a group for both sexes, with no age limit. The focus, of this group to support the community reduce these issues.
Mini bus
The acquisition of this vehicle continues to be a huge success in supporting the elderly in attending a variety of clubs including the very popular Meet and Greet (every week that includes a meal and of course during the winter a place that is warm and inviting). It also allows this group to have days out to local amenities.
Youth clubs
These provide clubs for a variety of sports, the chance to eat a variety of foods from around the world. The chance to discuss the many issues affecting the young people today including Monetary, The Internet, School attendance etc.
FINANCIAL REVIEW
Financial position
For the year ended 31st March 2024 Unrestricted income was down significantly, being £134,714 (2023 : £214,017). Unrestricted expenditure was £213,727 (2023: £201,872) resulting in a net unrestricted deficit of (£79,013) (2023 : £12,145 surplus) for the year and an unrestricted funds balance of £126,904 (2023: £205,917) at the year end.
Restricted Fund income for the year was £164,675 (2023 : £228,559) with restricted expenditure of £105,669 (2023 : £102,615) giving a net restricted surplus for the year of £59,006 (2023 : £125,944) and a restricted funds balance at the year end of £197,468 (2023: £138,462). The breakdown of the funds is detailed in note 12 to the accounts.
Reserves policy
A Reserves policy has been written, the Board seeks to keep at least 3 months of "general running costs and wages". This amounts to £60,000.
Page 3
Together in Matson (Registered number: 05436324)
Report of the Trustees For The Year Ended 31 March 2024
FUTURE PLANS
To aid and support the successful renovation of the derelict school building on Matson Lane. As reported in the Accounts for 2022/23 TiM Trustees commissioned the generation of a specific "School Lodge" business plan. This document has already been submitted pending further project funding bids .
The aim of the School lodge renovation project continues to be a support for the Matson community to have a venue that they can be proud of and to be a space where they can come and meet at any time of the day. It is also linked with the fishing community.
Progress has been slower than expected, due to issues between the Gloucester Council and Gloucester City Homes. The TiM Trustees continue to hopeful of a completion soon.
Redwell Youth Space
An idea has been muted to develop an additional space on the Redwell site for predominately for the Youth clubs. This project is also in the planning stage.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Charity constitution
The charity is a company limited by guarantee as defined by Companies Act 2006 and does not have any share capital.
The Charity is governed by Memorandum and Articles of Association. The guarantors are the members of the company being the Trustees.
Recruitment and appointment of new trustees
As Trustees resign, the management Committee, the Chair and the Project Managers along with any other volunteers will be tasked with recruitment.
Organisational structure
The Board of Trustees who are also the directors of the company consist of a number of person's living working and volunteering in the area of Gloucestershire, having strong links with the Matson area.
The Board of Trustees together with the Project Managers, constitute the Management Committee, which is responsible for the governance and strategy of TiM.
The Management Committee has delegated the "daily" management of TiM to the Project Managers. Sub committees for Finance & Well-being report to the full Management Committee.
This committee meets on at least four occasions throughout the year to review such items as the performance, new programmes/projects, working finances and administration.
Staff Structure
Two Project Managers - One works Full Time and the second is a part time Project Manager (succession planning); this Manager is also the Administrator including finance reporting.
One Cleaner and One Part time "Happy coach" are employed by TiM.
One Youth worker and support youth team.
Invaluable assistance in delivering the "goals and objectives" of TiM are the many unpaid volunteers. Without their tireless support and time, many activities would and could not have taken place.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
05436324 (England and Wales)
Page 4
Together in Matson (Registered number: 05436324)
Report of the Trustees For The Year Ended 31 March 2024
Registered Charity number 1111554
Registered office Redwell Centre Redwell Road Matson Gloucester Gloucestershire GL4 6JG
Trustees C P Fletcher Chairperson M D Matthews St Augustine's representative K A Dunleavy E Jackson J Jackson (resigned 03/01/2023) H L Hicks (appointed 09/11/2022) A L Noblet (resigned 03/01/2023) S Rowles A Saunders J Watkins
Company Secretary Mrs V J Worrall
Independent Examiner Mark Spashett FCA Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
Approved by order of the board of trustees on 4 September 2024 and signed on its behalf by:
C P Fletcher - Trustee
Page 5
Independent Examiner's Report to the Trustees of Together in Matson
Independent examiner's report to the trustees of Together in Matson ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mark Spashett FCA
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
12 September 2024
Page 6
Together in Matson
Statement of Financial Activities For The Year Ended 31 March 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 5,289 Charitable activities 3 Club activity & trips 39,849 School Lodge project - Household support 8,867 Integrated Locality Partnerships 5,000 Youth Work 6,500 Raising Funds 35,000 Other charitable activities 12,456 Room Hire 21,753 Total 134,714 EXPENDITURE ON Raising funds 2,162 Charitable activities 4 Club activity & trips 196,644 School Lodge project - Household support 14,921 Youth Work - Nourishing Gloucester - Total 213,727 NET INCOME/(EXPENDITURE) (79,013) RECONCILIATION OF FUNDS Total funds brought forward 205,917 TOTAL FUNDS CARRIED FORWARD 126,904 |
Restricted funds £ - 4,000 15,000 79,810 65,000 865 - - - 164,675 - - 1,595 92,604 11,470 - 105,669 59,006 138,462 197,468 |
31.3.24 Total funds £ 5,289 43,849 15,000 88,677 70,000 7,365 35,000 12,456 21,753 299,389 2,162 196,644 1,595 107,525 11,470 - 319,396 (20,007) 344,379 324,372 |
31.3.23 Total funds £ 6,076 194,667 100,000 85,500 - 30,801 - 7,277 18,255 |
|---|---|---|---|
| 442,576 | |||
| - 214,097 3,749 73,588 12,913 140 |
|||
| 304,487 | |||
| 138,089 206,290 |
|||
| 344,379 |
The notes form part of these financial statements
Page 7
Together in Matson (Registered number: 05436324)
Balance Sheet
31 March 2024
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 3,378 CURRENT ASSETS Debtors 10 1,920 Cash at bank and in hand 126,986 128,906 CREDITORS Amounts falling due within one year 11 (5,380) NET CURRENT ASSETS 123,526 TOTAL ASSETS LESS CURRENT LIABILITIES 126,904 NET ASSETS 126,904 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - 197,468 197,468 - 197,468 197,468 197,468 |
31.3.24 Total funds £ 3,378 1,920 324,454 326,374 (5,380) 320,994 324,372 324,372 126,904 197,468 324,372 |
31.3.23 Total funds £ 6,306 165 344,951 345,116 (7,043) 338,073 344,379 344,379 205,917 138,462 344,379 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 4 September 2024 and were signed on its behalf by:
C P Fletcher - Trustee
The notes form part of these financial statements
Page 8
Together in Matson
Notes to the Financial Statements For The Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)", Financial Reporting Standard 102 "Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.
The accounts are prepared on a going concern basis as there are no material concerns about the charity's ability to continue for the foreseeable future.
Depreciation
Depreciation is provided on all tangible fixed assets at rates estimated to write each asset down to its estimated residual value evenly over the expected useful life, as follows:
-
Office equipment - over 5 years
-
Computer equipment - over 3 years
-
Furniture, fixtures and fittings - over 5 years
-
Motor vehicles - over 4 years
Income
All incoming resources are recognised in the Statement of Financial Activities (SOFA) when the Project is legally entitled to the income and the amount can be quantified with reasonable certainty. Income represents the value of goods sold and services provided to customers.
Gifts in kind or use by the charity are included in the SOFA as incoming resources when receivable and are accounted for at a reasonable estimate of their value to the charity.
The value of volunteer help is not included in the accounts but is described in the trustees' annual report.
Resources expended
Liabilities are recognised as soon as there is a legal obligation committing the charity to pay out resources.
Costs of generating funds are those costs incurred in attracting voluntary income and in trading activities that raise funds.
Charitable activities include both the direct costs and support costs incurred in the delivery of its activities and services for its beneficiaries.
Governance costs are those incurred in the governance of the charity and its assets and in compliance with constitutional and statutory requirements.
Support costs, being indirect staff and overheads, are apportioned on a usage basis, proportional to the total costs of each activity undertaken.
Taxation
No provision for taxation is included in the accounts as it benefits from exemption offered by section 505 of the Income and Corporation Taxes Act 1988.
The Project is not registered for Value Added Tax.
Funds
General funds are available for the use of the Project at the discretion of trustees in furtherance of the general objectives of the Project.
Designated funds are general funds that have been set aside by the trustees for specific purposes.
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Together in Matson
Notes to the Financial Statements - continued For The Year Ended 31 March 2024
1. ACCOUNTING POLICIES - continued
Funds
Restricted funds are raised and administered by the Project or granted by donors for specific purposes.
Restricted funds held at the year end were for the following
School Lodge Fund - For the renovation of a school outbuilding which had gone into disrepair.
The provider of the unspent £100,000 grant included in this fund has verbally indicated to the trustees that the grant may be used for other purposes should the need arise.
Ramani Fund - For youth work and education in relation to the prevention of knife crime.
Household Support - Fund to help local families in need.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
3.
| Donations INCOME FROM CHARITABLE ACTIVITIES Activity Grants Club activity & trips Grants School Lodge project Grants Household support Grants Integrated Locality Partnerships Grants Youth Work Grants Raising Funds Other charitable activities Other charitable activities Room hire Room Hire |
31.3.24 £ 5,289 31.3.24 £ 43,849 15,000 88,677 70,000 7,365 35,000 12,456 21,753 294,100 |
31.3.23 £ 6,076 31.3.23 £ 194,667 100,000 85,500 - 30,801 - 7,277 18,255 |
|---|---|---|
| 436,500 |
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Together in Matson
Notes to the Financial Statements - continued For The Year Ended 31 March 2024
4. CHARITABLE ACTIVITIES COSTS
| CHARITABLE ACTIVITIES COSTS | |
|---|---|
| Club activity & trips School Lodge project Household support Youth Work |
Direct Costs £ 196,644 1,595 107,525 11,470 |
| 317,234 |
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.3.24 | 31.3.23 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 2,928 | 2,952 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
7. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Centre Workers |
31.3.24 £ 125,706 1,899 4,386 131,991 31.3.24 12 |
31.3.23 £ 137,556 1,487 3,828 |
|---|---|---|
| 142,871 | ||
| 31.3.23 13 |
No employees received emoluments in excess of £60,000.
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Together in Matson
Notes to the Financial Statements - continued For The Year Ended 31 March 2024
| 8. COMPARATIVES FOR THE STATEMENT OF INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Club activity & trips School Lodge project Household support Youth Work Other charitable activities Room Hire Total EXPENDITURE ON Charitable activities Club activity & trips School Lodge project Household support Youth Work Nourishing Gloucester Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 9. TANGIBLE FIXED ASSETS Plant and machinery £ COST At 1 April 2023 and 31 March 2024 2,088 DEPRECIATION At 1 April 2023 556 Charge for year 418 At 31 March 2024 974 NET BOOK VALUE At 31 March 2024 1,114 At 31 March 2023 1,532 |
FINANCIAL ACTIVITIES Unrestricted Restricted Total fund funds funds £ £ £ 6,075 1 6,076 182,410 12,257 194,667 - 100,000 100,000 - 85,500 85,500 - 30,801 30,801 7,277 - 7,277 18,255 - 18,255 214,017 228,559 442,576 201,840 12,257 214,097 - 3,749 3,749 - 73,588 73,588 - 12,913 12,913 32 108 140 201,872 102,615 304,487 12,145 125,944 138,089 193,772 12,518 206,290 205,917 138,462 344,379 Fixtures and Motor Computer fittings vehicles equipment Totals £ £ £ £ 94,392 8,000 1,414 105,894 94,172 4,000 860 99,588 63 2,000 447 2,928 94,235 6,000 1,307 102,516 157 2,000 107 3,378 220 4,000 554 6,306 |
Total funds £ 6,076 194,667 100,000 85,500 30,801 7,277 18,255 |
|---|---|---|
| 442,576 | ||
| 214,097 3,749 73,588 12,913 140 |
||
| 304,487 | ||
| 138,089 206,290 |
||
| 344,379 |
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Together in Matson
Notes to the Financial Statements - continued For The Year Ended 31 March 2024
| 10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 31.3.24 | 31.3.23 | |||
| £ | £ | |||
| Prepayments and accrued income | 1,920 | 165 | ||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.24 | 31.3.23 | |||
| £ | £ | |||
| Trade creditors | 1,947 | 1,764 | ||
| Social security and other taxes | 1,750 | 1,313 | ||
| Other creditors | 1,207 | 1,128 | ||
| Accruals and deferred income | 476 | 2,838 | ||
| 5,380 | 7,043 | |||
| 12. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.23 | in funds | 31.3.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 205,917 | (79,013) | 126,904 | |
| Restricted funds | ||||
| Household Support | 13,463 | (12,794) | 669 | |
| School Lodge Fund | 96,251 | 13,405 | 109,656 | |
| Ramani Trust | 28,748 | (10,605) | 18,143 | |
| GWR Fund | - | 4,000 | 4,000 | |
| GCC (Intergrated Locality Partnerships) | - | 65,000 | 65,000 | |
| 138,462 | 59,006 | 197,468 | ||
| TOTAL FUNDS | 344,379 | (20,007) | 324,372 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 134,714 | (213,727) | (79,013) | |
| Restricted funds | ||||
| Household Support | 79,810 | (92,604) | (12,794) | |
| School Lodge Fund | 15,000 | (1,595) | 13,405 | |
| Ramani Trust | 865 | (11,470) | (10,605) | |
| GWR Fund | 4,000 | - | 4,000 | |
| GCC (Intergrated Locality Partnerships) | 65,000 | - | 65,000 | |
| 164,675 | (105,669) | 59,006 | ||
| TOTAL FUNDS | 299,389 | (319,396) | (20,007) |
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Together in Matson
Notes to the Financial Statements - continued
For The Year Ended 31 March 2024
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.22 £ Unrestricted funds General fund 193,772 Restricted funds Youth Work Fund 10,860 Nourishing Gloucester 108 Household Support 1,550 School Lodge Fund - Ramani Trust - 12,518 TOTAL FUNDS 206,290 Comparative net movement in funds, included in the above are as follows: |
Net movement in funds £ 12,145 (10,860) (108) 11,913 96,251 28,748 125,944 138,089 |
At 31.3.23 £ 205,917 - - 13,463 96,251 28,748 |
|---|---|---|
| 138,462 | ||
| 344,379 | ||
| Unrestricted funds General fund Restricted funds Youth Work Fund Nourishing Gloucester Household Support School Lodge Fund Ramani Trust GWR Fund TOTAL FUNDS |
Incoming resources £ 214,017 - - 85,501 100,000 30,801 12,257 228,559 442,576 |
Resources Movement expended in funds £ £ (201,872) 12,145 (10,860) (10,860) (108) (108) (73,588) 11,913 (3,749) 96,251 (2,053) 28,748 (12,257) - (102,615) 125,944 (304,487) 138,089 |
|---|---|---|
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Together in Matson
Notes to the Financial Statements - continued For The Year Ended 31 March 2024
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Youth Work Fund Nourishing Gloucester Household Support School Lodge Fund Ramani Trust GWR Fund GCC (Intergrated Locality Partnerships) TOTAL FUNDS |
At 1.4.22 £ 193,772 10,860 108 1,550 - - - - 12,518 206,290 |
Net movement in funds £ (66,868) (10,860) (108) (881) 109,656 18,143 4,000 65,000 184,950 118,082 |
At 31.3.24 £ 126,904 - - 669 109,656 18,143 4,000 65,000 |
|---|---|---|---|
| 197,468 | |||
| 324,372 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Youth Work Fund Nourishing Gloucester Household Support School Lodge Fund Ramani Trust GWR Fund GCC (Intergrated Locality Partnerships) TOTAL FUNDS |
Incoming resources £ 348,731 - - 165,311 115,000 31,666 16,257 65,000 393,234 741,965 |
Resources Movement expended in funds £ £ (415,599) (66,868) (10,860) (10,860) (108) (108) (166,192) (881) (5,344) 109,656 (13,523) 18,143 (12,257) 4,000 - 65,000 (208,284) 184,950 (623,883) 118,082 |
|---|---|---|
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Together in Matson
Notes to the Financial Statements - continued For The Year Ended 31 March 2024
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
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