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2023-03-31-accounts

Charity Registration No. 1114244

GRAFTON DISTRICT SCOUT COUNCIL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

GRAFTON DISTRICT SCOUT COUNCIL LEGAL AND ADMINISTRATIVE INFORMATION

Trustees R Shaw (Chair)
D Gibson (Secretary)
K Underwood (Treasurer) (resigned 03/06/2023)
R Kentigern-Fox (District Commissioner) (resigned 28/05/2023)
W Hazell (District Commissioner) (from 28/05/2023)
T Newman (District Explorer Scout Commissioner)
A Skippen (District Scout Network Commissioner) (from 04/07/22 to 08/01/23)
K Hancock
W Hazell (to 28/05/2023)
T Jeffs
M O'Connor
S Pearson
C Van Schaijik
R Skears
Charity Number 1114244
Registered Office 35 Centurion Way
Wootton
Northampton
NN4 6LD
Independent examiner Linda Browett ACCA
7 Wymersley Close
Great Houghton
Northampton
NN4 7PT
Bankers Barclays Plc
9 Midsummer Place
Milton Keynes
MK9 3GB
Monmouthshire Building Society
Monmouthshire House
John Frost Square
Newport
South Wales
NP20 1PX
Redwood Bank Limited
The Nexus Building
Broadway
Letchworth Garden City
SG6 3TA

GRAFTON DISTRICT SCOUT COUNCIL

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5 - 6
Balance sheet 7
Notes to the financial statements 8 - 20

GRAFTON DISTRICT SCOUT COUNCIL

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their report and financial statements for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in to the financial statements and comply with the charity's articles of association, the Charities Act 20 "Accounting and Reporting by Charities: Statement of Recommended Practise applicable to chariti preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The Purpose of Scouting

Scouting exists to actively engage and support young people in their personal development, empo them to make a positive contribution to society.

The Values of Scouting

As Scouts we are guided by these values:

Integrity - We act with integrity; we are honest, trustworthy and loyal.

Respect - We have self-respect and respect for others.

Care - We support others and take care of the world in which we live.

Belief - We explore our faiths, beliefs and attitudes.

Co-operation - We make a positive difference; we co-operate with others and make friends.

The Scout Method

Scouting takes place when young people, in partnership with adults, work together based on the v Scouting and:

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

GRAFTON DISTRICT SCOUT COUNCIL TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

Achievements and performance

This year has a real return to normal and it has been so lovely to see camps taking place across the District together with campfires, hikes and visits and many activities. This year also saw the saw the opening of our first Squirrel Drey in the District which is going from strength to strength. The annual Census was also pleasing as we had, once again, grown as a District.

We continue to face the issue of needing more volunteers, as do many other organisations at the moment, however we are doing everything that we can to support our Groups in recruiting volunteers. During the year, this included spending a large sum of money on supporting a District wide leaflet drop to get the word out to the communities that we serve.

Financial review

During the year income totalled £30,426 (2022: £30,620), consisting of £16,883 (2022: £14,155) in (2022: £16,465) in designated funds. Expenditure was £28,210 (2022: £22,219) consisting of £18,781 (2022: £14,649) from unrestricted funds and £9,429 (2022: £7,570) from designated funds. Surplus for the year was £2,216 (2022: £8,401), with a deficit of £2,159 (2022: deficit of £1,736) within unrestricted funds and a surplus of £4,375 (2022: surplus of £10,137) within designated funds.

Reserves Policy

It is the policy of the charity that a quantity of unrestricted funds which have not been designated for a specific use should be maintained at a level to ensure that the District can continue to function if income is disrupted, provide support in response to an unseen / emergency / disaster situation, cover any liabilities in the event of a Group ceasing to operate or defaulting on a loan to a third party and provide support for Spotley Wood Campsite in case of an unexpected event. The value of the funds held in reserve will be reviewed and adjusted accordingly when planning and agreeing the annual District budget or the District Executive Committee becomes aware of a change in situation that impacts the purpose or requirement of the reserve funds. The level of reserves has been maintained during the year.

Investment Policy

The charity does not hold significant enough funds to make longer term investments. As such, the charity operates a policy of low-risk investments with banks and building socities.

GRAFTON DISTRICT SCOUT COUNCIL

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Structure, governance and management

The District's governing documents are those of The Scout Association. They consist of a Royal Ch which in turn gives authority to the Bye Laws of the Association and The Policy, Organisation and The Scout Association.

The District is a trust established under its rule which are common to all Scouts.

The Trustees are appointed in accordance with the Policy, Organisation and Rules of The Scout Association. The District is managed by the District Executive Committee, the members of which are 'Charity Trustees' of the Scout District which is an educational charity. As Charity Trustees they are responsible for complying with legislation applicable to all charities. This includes the registration, ke proper accounts and making returns to the Charity Commission as appropriate.

The Committee consists of three independent representatives, Chair, Treasurer and Secretary toge with the District Commissioner, District Youth Commissioner, District Explorer Scout Commissioner, D Scout Network Commissioner and representatives from across the District. The Committee usually m minimum of four times a year.

Members of the Executive Committee complete "Trustee Introduction" training within the first 5 mon joining the Board.

The District Executive Committee exists to support the District Commissioner in meeting the respons of the appointments and is responsible for:

The trustees' report was approved by the Board of Trustees.

R Shaw Trustee Dated: 3rd June 2023

GRAFTON DISTRICT SCOUT COUNCIL

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF GRAFTON DISTRICT SCOUT COUNCIL

I report to the trustees on my examination of the financial statements of Grafton District Scout Council (the charity) for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

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 that in any material respect:

  1. the accounting records were not kept in accordance with section 130 of the Charities Act; or

  2. the financial statements do not accord with those records; or

  3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

I have no concerns and have come across no other matters in conjunction with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Linda Browett ACCA 7 Wymersley Close Great Houghton Northampton NN4 7PT

Dated: 2nd June 2023

GRAFTON DISTRICT SCOUT COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Current financial year
Unrestricted
funds
2023
Notes
£
Income from:
Donations and legacies
3
6,635
Other trading activities
4
8,301
Charitable activities
5
1,757
Investments
6
190
Total Income
16,883
Expenditure on:
Raising funds
7
6,182
Charitable activities
8
12,599
Total resources expanded
18,781
Net incoming / (outgoing) resources
(1,898)
before transfers
Gross transfers between funds
(261)
Net expenditure for the year /
Net movement in finds
(2,159)
Fund balances at 1 April 2022
44,836
Fund balances at 31 March 2023
42,677		 Desginated
funds
2023
£
1,637
1,790
10,116
-
13,543
1,599
7,830
9,429
4,114
261
4,375
33,452
37,827		 Total
2023
£
8,272
10,091
11,873
190
30,426
7,781
20,429
28,210
2,216
-
2,216
78,288
80,504		 Total
2022
£
19,792
7,608
2,863
357
30,620
8,532
13,687
22,219
8,401
-
8,401
69,887
78,288

The statement of financial activities includes all gains and losses recognised in the year All income and expenditure derive from continuing activities

GRAFTON DISTRICT SCOUT COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

Prior financial year

Unrestricted
funds
2022
Notes
£
Income from:
Donations and legacies
3
6,763
Other trading activities
4
6,733
Charitable activities
5
302
Investments
6
357
Total Income
14,155
Expenditure on:
Raising funds
7
6,120
Charitable activities
8
8,529
Total resources expanded
14,649
Net incoming / (outgoing) resources
(494)
before transfers
Gross transfers between funds
(1,242)
Net expenditure for the year /
Net movement in finds
(1,736)
Fund balances at 1 April 2021
46,572
Fund balances at 31 March 2022
44,836		 Desginated
funds
2022
£
13,029
875
2,561
-
16,465
2,412
5,158
7,570
8,895
1,242
10,137
23,315
33,452		 Total
2022
£
19,792
7,608
2,863
357
30,620
8,532
13,687
22,219
8,401
-
8,401
69,887
78,288

The statement of financial activities includes all gains and losses recognised in the year All income and expenditure derive from continuing activities

GRAFTON DISTRICT SCOUT COUNCIL

BALANCE SHEET

AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due
within one year
15
Net current assets
Total assets less current liabilities
Income funds
Designated funds
16
Unrestricted funds		 £
2,390
3,940
123,816
130,146
(51,350)		 2023
£
1,708
78,796
80,504
37,827
42,677
80,504		 £
2,264
2,366
115,764
120,394
(43,048)		 2022
£
942
77,346
78,288
33,452
44,836
78,288

The financial statements were approved by the Trustees on 3rd June 2023.

R Shaw Trustee

GRAFTON DISTRICT SCOUT COUNCIL NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

Charity information

Grafton District Scout Council is an unincorporated charity as agreed by Royal Charter on 04 Janua

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's articles of association "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitie preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK a Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as d by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Upda Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Mon amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to inclu revaluation of freehold properties and to include investment properties and certain financial instrume fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that t charity has adequate resources to continue in operational existence for the foreseeable future. Thu trustees continue to adopt the going concern basis of accounting in preparing the financial stateme

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charit objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purp and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained b charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has be notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at th of the donation.

Membership subscriptions collected on behalf of other parts of the Scout Movement are reported in SoFA net of any amount paid out. This is because these subscriptions are in effect held as agents being paid out.

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation comm the charity to that expenditure, it is probable that the transfer of economic benefits will be required in settlement and the amount of that obligation can be measured reliably.

Costs of generating funds are recognised as monies directly spent on fundraising activities, primarily of fundraising events. These are further analysed in the notes to the accounts.

Expenditure on charitable activities are those costs incurred directly on the furtherance of the chariti charitable objects. These costs are further analysed in the notes to the accounts.

Each charitable activity also receives a time-weighted share of support and governance costs.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost of valuation depreciation and impairment losses.

Depreciation is any recognised so as to write off the cost or valuation of assets less their residual va over their useful lives on the following bases:

Camping equipment 3 - 5 Years Straight Line Support equipment 3 Years Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sal proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the

1.7 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Co comprises direct materials and, where applicable, direct labour costs and those overheads that have incurred in bringing the stocks to their present location and condition. Items held for distribution at n nominal consideration are measured the lower of replacement cost and cost.

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term l investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts ar shown within borrowings in current liabilities.

GRAFTON DISTRICT SCOUT COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Sect 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements there is a legally enforcable right to set off the recognised amounts and there is an intention to settl net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initally measured at transaction price including transaction costs and are subsequently carried at amortised cost using th

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction pri unless the arrangement constitutes a financing transaction, where the debt instrument is measured present value of the future payments discounted at a market rate of interest. Financial liabilities clas payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate metho

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary of operations from suppliers. Amounts payable are classified as current liabilities if payment is due w one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised at transaction price and subsequently measured at amortised cost using the effective interest metho

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharg cancelled.

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily appa from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only th period, or in the period of the revision and future periods where the revision affects both current and fut periods.

3 Donations and Legacies

Unrestriced
funds
2023
£
Membership
Subscriptions
48,009
Amounts
Paid to
(41,393)
Gift Aid
-
Coronavirus
Grants
-
Misc Donation
19
6,635		 Designated
funds
2023
£
4,147
(3,464)
954
-
-
1,637		 Total
2023
£
52,156
(44,857)
954
-
19
8,272		 Unrestriced
funds
2022
£
46,052
(39,289)
-
-
-
6,763		 Designated
funds
2022
£
2,258
(2,264)
428
12,167
440
13,029		 Total
2022
£
48,310
(41,553)
428
12,167
440
19,792

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

4 Other trading activities

Badge Sales
Spotley Wood Campsite
Other Income
Analysis by fund
Unrestricted funds
Designated funds
Charitable activities
Band
Beaver Scouts
Explorer Scouts
DofE
Paulerspury
Unrestricted funds
Designated funds		 2023
£
6,559
1,790
1,742
10,091
8,301
1,790
10,091
2023
£
124
1,225
4,995
532
4,997
11,873
1,757
10,116
11,873		 2022
£
5,920
875
813
7,608
6,733
875
7,608
2022
£
-
-
2,561
302
-
2,863
302
2,561
2,863

5 Charitable activities

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

6 Investments

Investments
Interest receivable
Raising funds
Unrestriced
funds
2023
£
Trading costs
Badge Costs
6,182
Wood
Campsite
-
6,182		 Designated
funds
2023
£
-
1,599
1,599		 Total
2023
£
6,182
1,599
7,781		 Unrestricted
funds
2023
£
190
Unrestriced
Designated
funds
funds
2022
2022
£
£
6,120
-
-
2,412
6,120
2,412		 Unrestricted
funds
2022
£
357
Total
2022
£
6,120
2,412

Badge Costs
Wood
Campsite
8,532

7 Raising funds

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

8 Charitable activities

Grow Your Group / Growth & Development
Awards
Hardship Fund
Paulerspury Scout Group
Share of support costs (see note 9)
Share of governance costs (see note 9)
Analysis by fund
Unrestricted funds
Designated funds		 Supporting
Scouting
2023
£
1,046
494
-
6,245
424
1,850
2,621
-
416
300
239
13,635
4,082
2,712
20,429
12,599
7,830
20,429		 Supporting
Scouting
2022
£
871
-
274
4,287
303
1,951
822
41
387
-
-
8,936
2,846
1,905
13,687
8,529
5,158
13,687

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

9 Support Costs

Support Governance
Costs
Costs
£
£
District Uniform
40
-
Professional
Services &
Licenses
1,435
-
Room Hire
135
-
Bank Charges
30
-
Group
Support &
Executive
1,795
-
Sundry
Expenses
380
-
Depreciation
267
-
Leaders &
Officers
Expenses
-
-
Leaders &
Officers Travel
-
2,712
4,082
2,712
Analysed
between
Charitable
activities
4,082
2,712		 2023
£
40
1,435
135
30
1,795
380
267
-
2,712
6,794
6,794		 Support
Governance
Costs
Costs
£
£
53
-
1,805
-
13
-
8
-
862
-
-
-
105
-
-
201
-
1,704
2,846
1,905
2,846
1,905		 2022
£
53
1,805
13
8
862
-
105
201
1,704
4,751
4,751

No costs were incurred in respect of independent examination of these accounts (2022: £Nil).

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits fro charity during the year other than being reimbursed expenses and travel costs as detailed in note 9

11 Employees

There were no employees during the year

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

12 Tangible fixed assets

Cost
At 1 April 2022
Additions
At 31 March 2023
Depreciation and impairment
At 1 April 2022
Depreciation charged in the year
At 31 March 2023
Carrying amount
At 31 March 2023
At 31 March 2022
13 Stocks
Badge stock		 Camping
Equipment
£
1,047
639
1,686
105
245
350
1,336
942		 Support
Equipment
£
-
394
394
-
22
22
372
-
2023
£
2,390		 Total
£
1,047
1,033
2,080
105
267
372
1,708
942
2022
£
2,264

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

14 Debtors
Amounts falling due within one year:
Badge invoices unpaid
OSM Payments on Account
Trade Debtors
Other Debtors
15 Creditors
Amounts falling due within one year:
Accruals
Jamboree monies on account
Other Creditors		 2023
£
460
619
116
2,745
3,940
2023
£
46,370
2,235
2,745
51,350		 2022
£
726
1,640
-
-
2,366
2022
£
42,525
523
-
43,048

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

16 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at 1 Incoming Resources Balance at 1 Incoming Resources Balance at 31
April 2021 resources expended Transfers April 2022 resources expended Transfers March 2023
£ £ £ £ £ £ £ £ £
Spotley 17,687 13,910 (2,412) - 29,185 1,790 (1,599) - 29,376
Explorers 1,102 2,300 (4,287) - (885) 6,828 (6,245) - (302)
Band 4,526 255 (871) - 3,910 124 (1,046) - 2,988
Paulerspury - - - - - 4,801 (239) - 4,562
Harship Fund - - - 1,242 1,242 - (300) 261 1,203
23,315 16,465 (7,570) 1,242 33,452 13,543 (9,429) 261 37,827

Spotley

Incoming resources relate to camp fees. Running costs for the site will be charged to the fund and the trustees will review the need to transfer additional amounts from the general reserce in order to build up a fund to provide for future costs for the site, in particular significant repairs and maintenance costs and the legal costs associated with renewing the lease.

Explorers

Monies introduced by Explorer Scout Units, including Membership Fees and camp fees, less expenditure incurred by or in respect of them, including where relevant, capitation and gift aid.

Band

Monies introduced by the band, including Membership Fees, donations for appearances and performances and other fundraising income less expenditure incurred by or in respect of the band and its activities

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

16 Designated funds (continued)

Paulerspury

Monies held from the temporarily closed Paulerspury Group for use if the Group re-opens.

Hardship Fund

Monies set aside for the inclusion of all in Scouting activities. This is topped up by 0.5% of gross membership fees each year, capped at £2,500.

GRAFTON DISTRICT SCOUT COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

17 Analysis of net assets between funds

Unrestricted
funds
2023
£
Fund balances
at 31 March
2023 are
represented by:
Tangible Fixed
Assets
1,708
assets/(liabilitie
s)
40,969
42,677		 Designated
funds
2023
£
37,827
37,827		 Total
2023
£
1,708
78,796
80,504		 Unrestricted
funds
2022
£
942
43,894
44,836		 Designated
funds
2022
£
33,452
33,452		 Total
2022
£
942
77,346
78,288

18 Related party transactions

During the year donations from Trustee's totalled £Nil (2022: £240)