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2022-12-31-accounts

REGISTERED COMPANY NUMBER: 05915569 (England and Wales) REGISTERED CHARITY NUMBER: 1117028

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

BETTER WORLD CHARITY LTD

Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

BETTER WORLD CHARITY LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Cash Flow Statement 8
Notes to the Cash Flow Statement 9
Notes to the Financial Statements 10 to 17

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

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 December 2022. 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 charity's objects, which are set out in its Memorandum of Association as follows:

(a) To promote the spiritual and moral advancement of humanity through education, self-improvement and the encouragement of individuals to undertake a variety of volunteer programmes and in particular by promoting charitable activities.

(b) To promote the education of Jewish individuals and the alleviation of poverty among Jewish and wider communities throughout the world.

(c) Other charitable activities that the trustees may from time to time determine.

(d) To advance the education of the public in general on the subject of Well-being and Mental Health

OBJECTIVES AND ACTIVITIES

Significant activities

The Charity carries out these objects for the public benefit by operating three main projects, known as the Rabbinical Training Academy (RTA), Tikun, and the Three Principles Conference. Each works within its own designated budget and funds.

Rabbinic Training Academy

This programme aims to help create a better quality of Jewish Leader today for the challenges of tomorrow. Known as the Rabbinic Training Academy (RTA) it is a learning and development programme for Rabbinic students and their families who are beginning their professional journey in Communal Leadership and Education.

Traditionally, rabbis have spent the vast majority of their training focusing on Jewish law. They often train in a vacuum which is very different from many of the realities of the professional world they must face in their future leadership roles. Inexperienced in the wider world, they must assume the role of religious, moral and spiritual leadership and responsibility, which often places people's emotional wellbeing in their hands.

The RTA aims to change how rabbinic leaders operate and educate within their communities so that they become more open minded and humane, more humble and caring as well as more understanding in how to provide guidance and support in an ever changing world. This will enable rabbinic leaders to play a significant role in contributing towards a healthier Jewish community and ultimately a better world.

Tikun

The Tikun project shares spiritual and practical Jewish wisdom on a variety of issues including happiness, developing healthy relationships and public contribution primarily, although not exclusively, for Jewish individuals. This has a profound effect on the individual, as well as the society within which they live.

Tikun is not looking for people simply to learn but to learn in order to do. For people to be better human beings rather than simply learning how to become one. It educates individuals to consider what their society, their community and their world needs and for them to respond accordingly. Tikun aims for people to become role models and leaders who will inspire those around them and start to create a grassroots movement of social change.

Page 1

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

3PUK Conference

The Three Principles Conference is a 3 day annual event which was held virtually since the covid-19 pandemic. Prior to the pandemic the conference was held at a large conference venue in London. The aim of the conference is to unlock every individual's ability to discover an improved experience of life or wellbeing through an understanding of how the mind works in a relevant, enjoyable and accessible way.

When people feel comfortable with their own lives they are more able to live contently and more meaningfully contribute to the lives of others. With poor mental health becoming increasingly prevalent, the conference provides a means by which people may find their own sense of personal stability and wellbeing putting them on a path of resilience, healthy values and peace of mind.

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

Public benefit

The trustees confirm that they have complied with their duty and referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities and setting it's educational strategy and plans for the year.

Project Review and Development

The Trustees are continually looking to review and develop the current programmes to best satisfy the objectives of the charity. This is demonstrated by the RTA programme, one of whose aims is to better meet objectives in the education of Jewish individuals. As part of ongoing reviews, this programme is continually being appraised so as to improve the experience of the those partaking in it and to further clarify the charity's aims for future years.

STRATEGIC REPORT

Achievement and performance Charitable activities

Brief highlights of successful programmes this year include:

o The RTA programme took in a new cohort (Cohort Daled) in September 2022. The programme continued to be a twelve month programme as it was felt that this was sufficient time to teach the syllabus. The shorter programme also saves the charity money.

o With the lifting of pandemic restrictions most places to visit returned to welcoming visitors - e.g. psychiatric ward, hospice, hospitals etc.

o The 2022 3PUK Conference had a total of over 700 attendees in a hybrid set-up. We saw 400 in person and 300 attendees online. The price to attend the conference varied depending on the type of ticket that was purchased.

o The in-person conference took place at Stone X Stadium (formerly Allianz Park) and was received extremely positively and the feedback received was very encouraging especially in respect to a return to an in-person conference after two years of virtual conferences.

o The conference welcomed back many previous speakers as well as a number of new speakers some of whom have come through the Better World programme. Given economic uncertainties and the large financial commitment to the charity in organising and funding a conference in-person, it was decided to look to go back to a virtual conference in 2023.

Page 2

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

Financial review

Financial position

2022 was once again a successful year both in programme impact and for the financial affairs of the charity which has built upon its previous success in prudent financial planning, fundraising and the management of its activities and funds. It has continued to develop plans and has taken steps to increase its funding base, resources and programming to reflect the continuing demand for its services and activities.

The Trustees continue to be pleased with the level of funding generated from the activities themselves, thus demonstrating that the charity is becoming less reliant on external private donations. It should be noted that this aspect has had no effect on the charity's programmes which are still wholly accessible to the financially disadvantaged with all programmes available to everyone regardless of their personal financial circumstances.

Having considered the suggestion of an independent fundraiser, it was decided not to follow this advice. The charity is very niche in its proposition and Rabbi Rosenblatt, the CEO, is best positioned to articulate the vision and direction of the charity. A professional fundraiser would be a financial risk for the charity and the trustees to not believe it is a risk worth taking.

As a charity that continues to raise a large proportion of its funds from private individuals, the Trustees recognise the major risk to the organisation should these donors choose not to give to the charity in the future. To mitigate that risk the Trustees are continually looking to expand the donor base and increase the geographic and demographic reach of its fundraising activities and efforts including instigating an online 'matching funds' fundraising campaign.

At the end of the accounting period the charity had reserves of circa £26,000, compared to circa £3,000 in the previous year. Although the trustees like to run the charity with at least a month's budget in advance (around £45,000), as reserves, nevertheless, there is a yearly donation that has historically come in for the past sixteen years, of £75,000, early in January.

Given a cash flow challenge at the end of December, the trustees felt it was reasonable to pay all creditors, even though that ran the balance very low, but rely on this committed donation as charity reserves for the first week in January. It did indeed come in the first week in January as it has every year and reserves returned immediately to their expected level.

With the country, and indeed the world, heading into deeper financial challenges, the Trustees feel that the fundraising situation remains difficult to predict and fluid in nature. Consequently, the Trustees are closely monitoring the levels of funding being received by the charity and its financial position in general and we believe we have taken due care to ensure that changes have been and will be implemented to ensure the going concern of Better World Charity Ltd.

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.

Organisational structure

The affairs of the charity are governed by the Board of Trustees, of which Mrs Marlow is the Chairperson. They are responsible for setting the strategic direction of the charity, consideration of reserves, risk management, performance review and setting general organisational policy.

The Board of Trustees have decided to delegate the day to day operation of the organisation to its Management Committee, which reports directly to the Board of Trustees. From time to time the Management Committee contracts with specialised consultants and involves experienced volunteers from the business community in a variety of areas in order to establish best practice in the organisation's activities. The Management Committee operates the charity along departmental lines. The Chief Executive Officer continued to be Shaul Rosenblatt and Avril Robbins continued as Chief Operating Officer during the year.

Page 3

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

Risk management

The Trustees regularly assess the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the significant potential risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05915569 (England and Wales)

Registered Charity number

1117028

Registered office

First Floor, Winston House 349 Regents Park Road London N3 1DH

Trustees

Ms L G Marks (appointed 2.8.22) Mrs E Y Marlow Ms E C Shutes Mr D M Solomon

Independent Examiner

Mr Aryeh Melinek, FCA Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

Website

www.betterworldcharity.org

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 27 September 2023 and signed on the board's behalf by:

Mrs E Y Marlow - Trustee

Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BETTER WORLD CHARITY LTD

Independent examiner's report to the trustees of Better World Charity Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.

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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. 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

  4. 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.

Mr Aryeh Melinek, FCA

Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

28 September 2023

Page 5

BETTER WORLD CHARITY LTD

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
735,893
Investment income
3
20
Total
735,913
EXPENDITURE ON
Raising funds
4
5,260
Charitable activities
5
Rabbi Training activities
479,198
Three principles conference
72,324
Tikun
37,115
Light up a Life
3,235
Other charitable activities
115,288
Total
712,420
Net gains/(losses) on investments
-
NET INCOME/(EXPENDITURE)
23,493
RECONCILIATION OF FUNDS
Total funds brought forward
2,718
TOTAL FUNDS CARRIED FORWARD
26,211		 Restricted
fund
£
(2,081)
-
(2,081)
-
-
-
-
-
896
896
-
(2,977)
6,840
3,863		 2022
Total
funds
£
733,812
20
733,832
5,260
479,198
72,324
37,115
3,235
116,184
713,316
-
20,516
9,558
30,074		 2021
Total
funds
£
657,240
12
657,252
-
455,198
93,214
25,620
55,902
84,926
714,860
(11,531)
(69,139)
78,697
9,558

The notes form part of these financial statements

Page 6

BETTER WORLD CHARITY LTD (REGISTERED NUMBER: 05915569)

BALANCE SHEET 31 DECEMBER 2022

Unrestricted
Restricted
fund
fund
Notes
£
£
FIXED ASSETS
Tangible assets
12
26,252
-
CURRENT ASSETS
Stocks
13
4,205
-
Debtors
14
37,758
-
Cash at bank and in hand
21,922
3,863
63,885
3,863
CREDITORS
Amounts falling due within one year
15
(63,926)
-
NET CURRENT ASSETS
(41)
3,863
TOTAL ASSETS LESS CURRENT LIABILITIES
26,211
3,863
CREDITORS
Amounts falling due after more than one year
16
-
-
NET ASSETS/(LIABILITIES)
26,211
3,863
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2022
Total
funds
£
26,252
4,205
37,758
25,785
67,748
(63,926)
3,822
30,074
-
30,074
26,211
3,863
30,074		 2021
Total
funds
£
29,970
300
36,995
22,335
59,630
(70,042)
(10,412)
19,558
(10,000)
9,558
2,718
6,840
9,558

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 27 September 2023 and were signed on its behalf by:

Mrs E Y Marlow - Trustee

The notes form part of these financial statements

Page 7

BETTER WORLD CHARITY LTD

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Cash flows from financing activities
New loans in year
Loan repayments in year
Net cash (used in)/provided by financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2022
£
14,559
14,559
(1,130)
20
(1,110)
-
(10,000)
(10,000)
3,449
22,335
25,785		 2021
£
(31,560)
(31,560)
(13,989)
12
(13,977)
10,000
-
10,000
(35,537)
57,872
22,335

The notes form part of these financial statements

Page 8

BETTER WORLD CHARITY LTD

NOTES TO THE CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2022

1.
RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW
ACTIVITIES
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Losses on investments
Interest received
Increase in stocks
Increase in debtors
(Decrease)/increase in creditors
Net cash provided by/(used in) operations
2.
ANALYSIS OF CHANGES IN NET FUNDS		 FROM OPERATING
2022
2021
£
£
20,516
(69,139)
4,847
4,626
-
11,531
(20)
(12)
(3,905)
-
(763)
(34,032)
(6,116)
55,466
14,559
(31,560)
At 1.1.22
Cash flow
At
£
£
Net cash
Cash at bank and in hand
22,335
3,450
22,335
3,450
Total
22,335
3,450		 31.12.22
£
25,785
25,785
25,785

The notes form part of these financial statements

Page 9

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 2019)', Financial Reporting Standard 102 'The 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.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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.

continued...

Page 10

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

BETTER WORLD CHARITY LTD

2.
DONATIONS AND LEGACIES
Donations
Gift aid
Grants
Admissions
Book sales
Grants received, included in the above, are as follows:
Other grants
3.
INVESTMENT INCOME
Deposit account interest
4.
RAISING FUNDS
Other trading activities
Opening stock
Purchases
Closing stock
5.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Rabbi Training activities
475,743
Three principles conference
72,324
Tikun
36,621
Light up a Life
3,235
Other charitable activities
82,353
670,276		 Grant
funding of
activities
(see note
6)
£
-
-
-
-
896
896		 2022
£
637,885
24,908
-
69,955
1,064
733,812
2022
£
-
2022
£
20
2022
£
300
9,165
(4,205)
5,260
Support
costs (see
note 7)
£
3,455
-
494
-
32,935
36,884		 2022
£
637,885
24,908
-
69,955
1,064
733,812
2022
£
-
2022
£
20
2022
£
300
9,165
(4,205)
5,260
Support
costs (see
note 7)
£
3,455
-
494
-
32,935
36,884		 2021
£
544,453
-
29,621
83,166
-
657,240
2021
£
29,621
2021
£
12
2021
£
300
-
(300)
-
Totals
£
479,198
72,324
37,115
3,235
116,184
708,056

continued...

Page 11

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

6. GRANTS PAYABLE

Other charitable activities 2022
£
896		 2021
£
11,426

7. SUPPORT COSTS

Management
£
Rabbi Training activities
3,455
Tikun
494
Other charitable activities
30,300
34,249
8.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 Governance
Finance
costs
£
£
-
-
-
-
405
2,230
405
2,230
2022
£
4,848		 Totals
£
3,455
494
32,935
36,884
2021
£
4,626

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

10. STAFF COSTS

STAFF COSTS
2022 2021
£ £
Wages and salaries 205,272 68,279
Social security costs 17,642 5,979
Other pension costs 4,218 1,367
**227,132 ** 75,625
The average monthly number of employees during the year was as follows:
2022 2021
Employees 9 9
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
2022 2021
£60,001 - £70,000 1 1

continued...

Page 12

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 643,724 13,516 657,240
Investment income 12 - 12
Total 643,736 13,516 657,252
EXPENDITURE ON
Raising funds - - -
Charitable activities
Rabbi Training activities 455,198 - 455,198
Three principles conference 93,214 - 93,214
Tikun 25,620 - 25,620
Light up a Life 55,902 - 55,902
Other charitable activities 73,500 11,426 84,926
Total 703,434 11,426 714,860
Net gains/(losses) on investments (11,531) - (11,531)
NET INCOME/(EXPENDITURE) (71,229) 2,090 (69,139)
RECONCILIATION OF FUNDS
Total funds brought forward 73,947 4,750 78,697
TOTAL FUNDS CARRIED FORWARD 2,718 6,840 9,558
12. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£ £ £
COST
At 1 January 2022 16,093 1,869 6,317
Additions - - -
At 31 December 2022 16,093 1,869 6,317
DEPRECIATION
At 1 January 2022 - 467 6,317
Charge for year - 468 -
At 31 December 2022 - 935 6,317
NET BOOK VALUE
At 31 December 2022 16,093 934 -
At 31 December 2021 16,093 1,402 -

continued...

Page 13

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

12. TANGIBLE FIXED ASSETS - continued

COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021
13.
STOCKS
Stocks
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Pensions
Other creditors
Net wages
Accruals and deferred income		 Fixtures
and
fittings
£
43,321
-
43,321
31,970
3,759
35,729
7,592
11,351		 Computer
equipment
£
1,499
1,130
2,629
375
621
996
1,633
1,124
2022
£
4,205
2022
£
-
23,907
13,851
37,758
2022
£
22,640
7,082
784
15,000
4,515
13,905
63,926		 Totals
£
69,099
1,130
70,229
39,129
4,848
43,977
26,252
29,970
2021
£
300
2021
£
994
21,052
14,949
36,995
2021
£
33,530
10,428
-
20,000
694
5,390
70,042

continued...

Page 14

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

16.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other creditors
17.
MOVEMENT IN FUNDS
At 1.1.22
£
Unrestricted funds
General fund
2,718
Restricted funds
Restricted fund
6,840
TOTAL FUNDS
9,558
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
735,913
Restricted funds
Restricted fund
(2,081)
TOTAL FUNDS
733,832
Comparatives for movement in funds
At 1.1.21
£
Unrestricted funds
General fund
73,947
Restricted funds
Restricted fund
4,750
TOTAL FUNDS
78,697		 2022
£
-
Net
movement
in funds
£
23,493
(2,977)
20,516
Resources
expended
£
(712,420)
(896)
(713,316)
Net
movement
in funds
£
(71,229)
2,090
(69,139)		 2021
£
10,000
At
31.12.22
£
26,211
3,863
30,074
Movement
in funds
£
23,493
(2,977)
20,516
At
31.12.21
£
2,718
6,840
9,558

continued...

Page 15

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

17. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Incoming
resources
£
643,736
13,516
657,252		 Resources
expended
£
(703,434)
(11,426)
(714,860)		 Gains and
Movement
losses
in funds
£
£
(11,531)
(71,229)
-
2,090
(11,531)
(69,139)

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.1.21 in funds 31.12.22
£ £ £
Unrestricted funds
General fund 73,947 (47,736) 26,211
Restricted funds
Restricted fund 4,750 (887) 3,863
TOTAL FUNDS 78,697 (48,623) 30,074

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,379,649
(1,415,854)
Restricted funds
Restricted fund
11,435
(12,322)
TOTAL FUNDS
1,391,084
(1,428,176)		 Gains and
Movement
losses
in funds
£
£
(11,531)
(47,736)
-
(887)
(11,531)
(48,623)

continued...

Page 16

BETTER WORLD CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

18. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.

Page 17