| 31December 2022 | 31December 2022 | 31December 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | |||||||
| E | E | E | ||||||
| INCOMING | RESOURCES | |||||||
| Voluntary | income | 25,000 | 25,000 | 35,083 | ||||
| Incoming resources from charitable | activities | 82,006 | 12,600 | 94,606 | 55,631 | |||
| Investment | income | 429 | 429 | 6 | ||||
| Fundraising | 110 | 110 | 292 | |||||
| TOTAL INCOMING RESOURCES | 107,545 | 12,600 | 120,145 | 91012 | ||||
| RESOURCES EXPENDED | ||||||||
| Charitable | activities | 79,728 | 1,131 | 80,859 | 62,008 | |||
| Governance | costs | 1,883 | 1,883 | 1233 | ||||
| TOTAL RESOURCES EXPENDED | 81611 | 1131 | 82 742 | 63,241 | ||||
| Net incoming/outgoing | resources | 25,934 | 11,469 | 37,403 | 27,771 | |||
| Total funds | brought forward | 125,235 | 6,561 | 131,796 | 104,025 | |||
| Total funds | carried forward | 151,169 | 18030 | 169,199 | 131,796 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Notes | E | E | ||
| CURRENT ASSETS | ||||
| Debtors | 51,184 | 36,272 | ||
| Cash atbank and in | hand | 148+68 | 106897 | |
| 199.652 | 142N9 | |||
| CREDITORS:Amounts | falling due | |||
| within one year | 30~53 | 11,073 | ||
| 169,199 | 161,796 | |||
| FUNDS | ||||
| Restricted Funds | 18,030 | 6561 | ||
| Generalfunds | 151,169 | 125/35 | ||
| 169,199 | 191796 |
| 2. | STAFF COSTS | ||
|---|---|---|---|
| Staff costs during the period: | |||
| Salaries and wages | 24,193 | 21,739 | |
| Pension costs | 1,931 | 1,906 | |
| Medical insurance | 870 | 726 |
| DEBTORS | f | f | ||
|---|---|---|---|---|
| Sponsor debtors | 7,521 | 5,039 | ||
| Gift aid | 43 663 | 31 | 233 | |
| CREDITORS: Amounts | falling due within one year | |||
| Deferred income | 29,281 | 9,800 | ||
| PAVE Accruals |
572 ~00 |
534 739 |
| Balance at | Income | Expenditure | Transfers | Balance at | |||
|---|---|---|---|---|---|---|---|
| 1January 2022 | 31December 2022 | ||||||
| Restricted | Funds | ||||||
| Closing The | Loop | 6,561 | 12,600 | 1,131 | 18,030 | ||
| Tota I | 6,561 | 12,600 | 1,131 | 18,030 | |||
| Unrestricted | general | 125,235 | 107,545 | 81,611 | 151,169 | ||
| Total funds | 131,796 | 120,145 | 82,742 | 169,199 |
| INCOME | AND EXPENDITURE ACCOUNT | AND EXPENDITURE ACCOUNT | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| INCOME | ||||
| Individual sponsors |
65,385 | 43,553 | ||
| Gra nts received | 12,600 | 10,000 | ||
| Interest received | 429 | 6 | ||
| Gift aid | 16,621 | 2,078 | ||
| Fundraising | 110 | 292 | ||
| Donations | 25,000 | 35,083 | ||
| TOTAL INCOME | 120,145 | 91,012 | ||
| EXPENDITURE | ||||
| Charitable activities |
||||
| Fundraising expenses |
857 | |||
| School fees | 39,380 | 25,364 | ||
| Mentoring costs and support prior to university |
4,204 | 2,724 | ||
| Alumni expenses |
2,731 | 3,381 | ||
| Travelling expenses |
2,826 | 2,605 | ||
| SaI a ries | 24,193 | 21,739 | ||
| Pension costs | 1,931 | 1,906 | ||
| Medical insurance | 870 | 726 | ||
| Officeexpenses | 378 | 206 | ||
| Bank charges | 241 | 296 | ||
| Just giving fee | 302 | 282 | ||
| Foreign exchange loss | 1,306 | 1,518 | ||
| Telephone, stationery | and printing | 464 | 415 | |
| Computer and office expenses |
573 | 297 | ||
| Subs cripti ons | 603 | 167 | ||
| Sundry expenses | 382 | |||
| Governance costs |
||||
| Accountancy | 600 | 600 | ||
| Audit fee | 1,283 | 633 | ||
| TOTAL EXPENDITURE | 82,742 | 63,241 | ||
| SURPLUS FOR THE FINANCIAL YEAR | 37,40$ | 27.771 |