2022-03-31-accounts - Changing Ideas Ltd

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Report ofthe Trustees	1	to	3
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes tothe Cash Flow Statement
Notes tothe Financial Statements	9	to	14
Detailed Statement of Financial Activities		15

					31/3/22	31/3/21
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes		F	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			945,911		945,911	250,000
Investment income			(65,874)		(65,874)	103
Total			880,037		880,037	250,103
EXPENDITURE ON
Charitable activities
Charitable activities			158,957	10,000	168,957	126,708
Net gains/(losses) on investments			(116,640)		(116,640)
NET INCOME/(EXPENDITURE) Transfers between funds		13	604,440 (900,000)	(10,000) 900,000	594,440	123,395
Endowment received			900,000		900,000
Net movement in funds			604,440	890,000	1,494,440	123,395
RECONCILIATION OF FUNDS
Total funds brought forward			528,157		528,157	404,762
TOTAL FUNDS CARRIED FORWARD			1,132,597	890,000	2,022,597	528,157

				31/3/22	31/3/21
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	f		E	f
FIXEDASSETS
Investments		333,051		333,051
CURRENT ASSETS Debtors Cash at bank	10	800,759	828,330 61,670	828,330 862,42$	5 528,964
		800,759	sao,ooo	1,6ao,75$	528,969
CREDITORS Amounts falling due within one year		(1,213)		(1,213)	(812)
NET CURRENT ASSETS		799,546	890,000	1,689,546	528,157
TOTAL ASSETSLESS CURRENT LIABILITIES		1,132,597	890,000	2,022,597	528,157
NET ASSETS		1,132,597	sao,ooo	2,022,5a7	528,157
FUNDS Unrestricted funds Restricted funds	13			1,132,5$7 8$0,000	528,157
TOTAL FUNDS				2,022,597	528,157

				31/3/22	31/3/21
			Notes
Cash flows from operating	activities
Cash generated from operations				848,529	123,457
Net cash provided by operating activities				848,529	123,457
Cash flows from investing	activities
Purchase offixed asset investments Saleoffixed asset investments				(798,983) 283,357
Interest received				61	103
Net cash (used in)/provided	by investing		activities	(515,565)	103
Cash flows from financing	activities
New directors loans in year				13	212
Directors loan repayments Accruals	in			(212) 700	(11,877)
Net cash provided by/(used	in) financing		activities	501	(11,665)
Change in cash and cash equivalents		in the
reporting period Cash and cash equivalents	atthe beginning			333,465	111,895
ofthe reporting period				528,964	417,069
Cash and cash equivalents	atthe end	of
the reporting period				862,429	528,964

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
			31/3/22	31/3/21
			E	E
Net income forthe Activities)	reporting period (as per the Statement ofFinancial		594,440	123,395
Adjustments for. Losses on investments Interest received			182,575 (61)	(103)
Transfer to Special (Increase)/decrease (Decrease)/increase	purposes fund in debtors in creditors		900,000 (828,325) (100)	69 96
Net cash provided	by operations		848,529	123,457
ANALYSIS OF CHANGES IN NET FUNDS
	At	1/4/21 E	Cash flow f	At 31/3/22 f
Net cash Cash at bank	528,964		333,465	862,429
	528,964		333,465	862,429
Debt Debts falling due within 1year		(212)	199	(13)
		(212)	199	(13)
Ttl	528,752		333,664	862,416

INVESTMENT INCOME
	31/3/22	31/3/21
	E	f
Fair value gain/loss Interest received	(65,835) 61	103
	(65,874)	103

					Unrestricted
					fund
INCOME AND ENDOWMENTS			FROM
Donations	and legacies				250,000
Investment	income				103
Total					250,103
EXPENDITURE ON
Charitable	activities
Charitable	activities				126,708
NET INCOME					123,395
RECONCILIATION OF FUNDS
Total funds	brought forward				404,762
TOTAL FUNDS CARRIED		FORWARD			528,157
FIXEDASSETINVESTMENTS
					Listed
					investments
					E
MARKET VALUE
Additions					798,983
Disposals Revaluations					(399,997) (65,935)
At 31 March	2022				333,051
NET BOOK VALUE
At 31 March	2022				333,051
At 31 March	2021
There were	no investment	assets outside the UK.
Cost or valuation at 31 March 2022 is represented				by:
					Listed
					investments
					E
Valuation in	2022				333,051

10.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					31/3/22	31/3/21
					E	F
	Other debtors				828,330
	Prepayments and	accrued income
					828,330
11.	CREDITORS: AIIOUNTS FALLING DUE WITHIN ONE		YEAR		31/3/22	31/3/21
					R	E
	Other loans (see note 12) Accrued expenses				13 1,200	212 600
					1,213	812
12.	LOANS
	An analysis ofthe	maturity ofloans is given below:
					31/3/22	31/3/21
					f
	Amounts falling due within one year on demand: Loan from director				13	212
13.	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At 1/4/21	in funds	funds	31/3/22
	Unrestricted funds General fund		528,157	1,504,440	(900,000)	1,132,597
	Restricted funds Special purposes	fund		(10,000)	900,000	890,000
	TOTAL FUNDS		528,157	1,494,440		2,022,597

A current year 12 months and prior are as follows:	year 12 months combined	net movement	in funds, include	d in the abo
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
			F.
Unrestricted funds
Generalfund	1,130,140	(285,665)	783,360	1,627,835
Restricted funds
Special purposes fund		«0,000)		«0,000)
TOTAL FUNDS	1,130,140	(295,665)	783,360	1,617,835

	forthe year ended	31 March 2022
		31/3/22	31/3/21
INCOME AND ENDOWMENTS
Donations and legacies
Donations and gifts		945,911	250,000
Investment income
Fair value gain/loss Interest received		(65,935) 61	103
		(65,874)	103
Total incoming resources		880,037	250,103
EXPENDITURE
Charitable activities
Grants to institutions		154,000	126,100
Support costs
Management
Administration Sundries		12,850 228	212
		13,078	212
Other
Wrap charges		978
Governance costs
Accountancy and legal fees		901
Total resources expended		168,957	126,708
Net income before gains and losses		711,080	123,395
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset
investments		(116,640)
Net income		594,440	123,395