##
||Page|
|---|---|
|Legal and administrative
information||
|Trustees'
Annual
Report||
|Independent
auditor's
report|12|
|Statement offinancial
activities|15|
|Balance sheet||
|Statement ofcash flows|17|
|Notes tothe financial statements|18|
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|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,|REFERENCE AND ADMINISTRATIVE
DETAILS OF THE CHARITY,||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|ITSTRUSTEES AND ADVISERS||||||||||||
|Forthe year||ended 31 December 2022||||||||||
|Company|reg. no.||5906258|||||||||
|Charity reg.||no. (England)|1117249|||||||||
|Charity reg.||no. (Scotland)|SC043470|||||||||
|Registered|office||International
House|||||||||
||||24 Holborn
Viaduct|||||||||
||||London, EC1A 2BN|||||||||
|Trustees|||The trustees,
who are also||||directors|under company||law, who|served during|
||||the year and up to the date||||of this report were as||follows:|||
||||Michael Wemms,
Chair|||||||||
||||Andrew
Reid, Treasurer|||||||||
||||Barry Porter|||||Resigned 05||May 2022||
||||John Bensted|||||||||
||||William
Payne, Senior Independent|||||Trustee||||
||||Brenda Bates|||||||||
||||Ellen Coady|||||Resigned 01 July 2022||||
||||Cristalina
Fernandes-Bates|||||||||
||||Ceri Godwin|||||||||
||||Caroline
King|||||||||
||||Pankaj Sethi|||||||||
||||Joanna Marston|||||Appointed|14September||2022|
|Key management|||lan Merrill, CEO|||||||||
|personnel||||||||||||
||||Christopher
Morgan,||Director of Business Support||||&Company||Secretary|
|Bankers|||CAF Bank Ltd|||||||||
||||25 Kings
Hill Avenue|||||||||
||||Kent, ME194JQ|||||||||
||||Aide rmore Bank PLC|||||||||
||||1st Floor, Block BWestern||||House|||||
||||Lynch Wood|||||||||
||||Peterborough,
PE2|6F2||||||||
|Independent||Auditor|Richard
Billinghurst|FCA||||||||
||||Senior Statutory
Auditor|||||||||
||||Knox Cropper LLP|||||||||
||||Chartered
Accountants|||and|Statutory Auditors|||||
||||65 Leadenhall
Street,||London, EC3A 2AD|||||||
|Accountants|||NfP Accountants
Ltd|||||||||
||||3rd Floor, 86-90Paul||Street, London, EC2A 4NE|||||||
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||||Unrestricted|Unrestricted||Restricted||Total|Unrestricted|Unrestricted|Restricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Funds||Funds||Funds||Funds||Funds|Funds|
|||Note||2022f||2022
f||2022
2||2021||2021|2021f|
|INCOME FROM||||||||||||||
|Donations
and legacies||2||524,637||||854,703||403,019||331,S67|734,686|
|Charitable
activities||||||||||||||
|Reading programme||3||251,398||||251,398||54,380|||54,380|
|Investment
income:|bank interest|||4,240||||4,240||555|||555|
|Other income||||137||||137||96|||96|
|TOTAL INCOME||||780412||330066||1,110478||458050||331,667|789,717|
|EXPENDITURE ON:||||||||||||||
|Raising funds||4||104,520||||104,520||S9,622||3,442|73,064|
|Charitable
activities||||||||||||||
|Prison delivery||4||722,759||185,673||908,432||242,686||367,084|609,770|
|Community
delivery||||69,766||1,299||71,065||60,271||3,515|63,786|
|Turning pages||||||||||||||
|sustainability
income project||||34,711||||34,711||9,089|||9,089|
|(TPSI)||||||||||||||
|TOTAL EXPENDITURE||||827,236||186,972||1,014,208
312,046
88.||||370,599
3.|SB2645
55. 0|
|NET INCOME/(EXPENDITURE)||FOR||||||||||||
|THE YEAR||||(151,344)||143,094||(8,260)||76,382||(42374)|34,006|
|RECONCILIATION|OF FUNDS|||||||||||||
|TOTAL FUNDS AT|1 JANUARY|2022||595,112||1,357||596,469||518,730||43,731|562,461|
|TOTAL FUNDS AT|31 DECEMBER 2022||2|443,768|2|144,451|f|588,219|f|595,112|f|1,357 f|596,469|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|Cash flows from operating|activities|||||(8,250)||34,008|
|Net cash provided
by / (used in) operating|||activities||||||
|(Increase)/decrease
in
Increase/(decrease)
in|debtors
creditors||(55,390)
~44,847||||17,448
~186.389||
|||||||(100,207)||(98,943)|
|Change
in cash and cash|equivalents|in the year||||(108,457)||(64,935)|
|Cash and cash equivalents|at the beginning||of the|year||656,361||721,298|
|Cash and cash equivalents|at the year|end|||9|547,904||656,381|
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|2.|DONATIONS|DONATIONS|AND LEGACIES|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|||Total|Total|Total|Total|
|||||Funds||Funds||Funds|Funds|Funds|Funds|
|||||2022
2||2022
2||2022
2|2021f|2021f|2021f|
||Trusts and foundations|||365,000||330,066||695,066|308,901|331,687|840,588|
||Individual|donors||66,282||||66,282|52,418||52,4tB|
||Major donors|||30,250||||30,250|41,700||41,700|
||Corporate|donations||22,855||||22,855||||
||Legacies|||40,250||||40,250||||
||||8|524,637|8|330,066|2|854,703 f|403,019 f|331,887 f|734,888|
|||8 524,637
8 330,|8 524,637
8 330,|066
2|854,703|f|403,019|f|331,887 f|734,888|
|---|---|---|---|---|---|---|---|---|---|---|
|3.|INCOME|FROM CHARITABLE ACTIVITIES|||||||||
|||||Unrestricted|||Restricted||Total|Total|
||||||Funds||Funds||Funds|Funds|
||||||2022||2022||2022|2021|
||||||2||8||2||
||Contracts|and|SLAs||176,770||||176,770|13,001|
||Sale of reading||manuals||74,628||||74,628|41,379|
|||||2|251,398|2|Nil|2|251,398 f|54,380|
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|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Direct|Governance|||Support||Total|Total|
||Staff costs||costs||costs||costs||2022|2021|
||2||6||2||2||2||
|Prison delivery|471,189||174,696||7,789||254,758||908,432|609,770|
|Community
delivery|42,921||4,229||709||23,206||71,065|63,7BB|
|Turning pages
sustainability|||34,711||||||34,711|9,069|
||514,110||213,636||8,498||277,964||1,014,208|682 645|
|Fundraising
costs|64,272||4,436||1,062||34,750||104,520|73,064|
|Governance
costs
Support costs|261,708||9,560
51,006||(9,560)|~1322,714|||||
||2 840,090|2|278,638|2|Nil|2|Nil|2|1,118,728 f|755,709|
|2021|||||||||||
|Prison delivery|271,596||88,702||9,483||239,989||609,770||
|Community
delivery|33,247||||1,16f||29,378||63,786||
|Turning pages
susfainability|||9,099||||||g,oee||
||304,843||97,791||10,644||269,367||862,645||
|Fundraising
costs|35,897||4,194||1,253||31,720||73,064||
|Governance costs
Supporfcosfs|247,009
f 587,749|f|11,697
54,078
167,960|f|(1f,e97)
Nil|~301.027
f
Nil||f|755,709||
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|6.|STAFFCOSTS AND|NUMBERS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Unrestricted||Restricted||Total|
|||Funds|Funds||Funds||Funds|Funds||Funds|
|||2022f|2022
2||2022
2||2021|2021||2021|
||Salary costs||||||||||
||Wages and salaries|555,374|118,466||673,840||232,555|200,259||432,814|
||Social security costs|68,481|||68,481||42,878|||42,979|
||Pension costs|22,112|||22,112||13,168|||13,f68|
||Redundancy
costs||||||9r415|||9,415|
|||645,967|118,466||764,433||299,016|200,259||498,275|
||Other staffing costs||||||||||
||Recruitment|14,152|||14,152||12,384|2,283||14,667|
||Staff training
and development|20,210|||20,210||2,753|5,548||8,30I|
||Death
in service|507|||507||||||
||Consultancy|40,788|||40,788||65,044|1,462||66,506|
|||2 721,624|2 118,466|2|840,090|8|378,197 9|209,552|8|587,749|
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|SUPPORT AND GO|VER|NANCE COSTS|||||
|---|---|---|---|---|---|---|
|||||2022||2021|
|||||6|||
|Support costs|||||||
|Premises costs||||5,907||8,460|
|Website and online|costs|||7,581||10,930|
|PRA &other adverts||||||5,670|
|Other comms and|marketing|||5,022||2,255|
|ITsystems, computers||and office equipment||10,827||10,789|
|Telephones||||4,497||4,613|
|Repairs and maintenance||||141||1,809|
|Legal and professional||fees||||2,400|
|Events and conferences||||1,739||755|
|Staff travel and subsistence||||12,844||5,037|
|Other office costs||||2,448||1,580|
|||||51,006||54,078|
|Governance
costs|||||||
|Board meetings||||2,244||762|
|Audit||||5,670||6,390|
|Audit preparation||||1,200||1,200|
|Other governance|costs|||446||3,545|
|||||9,560||11,897|
|Support staff costs||||261,708||247,009|
||||6|322,274|2|312,984|
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|||||||||Office|
|---|---|---|---|---|---|---|---|---|
|||||||||equipment|
|||||||||2|
||Cost||||||||
||At 1 January 2022
Disposals||||||4,533
~4,333||
||At 31 December|2022|||||||
||Depreciation||||||||
||At 1 January 2022|||||||4,532|
||On disposals|||||||(4,532)|
||At 31 December|2022|||||||
||Net book value||||||||
||At 31 December|2021|||||||
||At 31 December|2022|||||2|Nil|
|13.|DEBTORS||||||||
|||||||2022||2021|
||Due within one|year||||6|||
||Trade debtors|||||67,978||7,933|
||Accrued income|||||||2,415|
||VAT repayment|due||||||440|
||Prepayments|||||||1,800|
||||||2|67,978|2|12,588|
|14.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
|||||||2022||2021|
|||||||2|||
||Deferred grant income|||||||80,000|
||VAT creditors|||||6,511|||
||Accru ala|||||21,152||12,481|
||||||2|27,663|2|72,481|
||Deferred income||||||||
||Balance at I January 2022|||||60,000|||
||Amount released|to incoming||resources||(60,000)|||
||Amount deferred|in the year||||||60,000|
||Balance at 31 December 2022||||2|Nil|8|60,000|
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|||||||Transfers and|Transfers and||
|---|---|---|---|---|---|---|---|---|
|||Brought||Incoming|Resources||investment|Carried|
|||Forwardf||Resources|Expended|gainsf(losses)||Fonvardf|
|DESIGNATED FUNDS|||||||||
|Contingency|Fund|50,000||||||50,000|
|Development|Fund|75,000||||||75,000|
||f|125,000|f|Nil|Nil|2|Nil f|125,000|
|||||||Transfers and|||
|||Brought||Incoming|Resources||investment|Carried|
|||Forward||Resourcesf|Expended|gains/(losses)f||Fonvardf|
|RESTRIOTED FUNDS|||||||||
|Prison delivery||43,731||201,667|(245,398)||||
|Community|delivery|||130,000|(128,643)|||1,357|
|||49.73t|8|331.667|~f(374.04(|8|19( 3|(,357|
|SUMMARY|OFFUNDS||||||||
|Designated|Funds|125,000||||||125,000|
|General Funds||518,730||458,050|(381,668)|||595,112|
|Restricted Funds||43,731||331,667|(374,041)|||1,357|
||f|58741(|f|789717|~f(755709|2|Nf f|721489|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||||||
|||||Unrestricted
Funds|||||
|||||Designated|General||Restricted|Total|
|||||Funds
f|Funds
2||Fundsf|Fundsf|
|Net current assets||||125,000|318,768||144,451|588,219|
||||6|125,000|6
318,768|E|144,451 f|588,219|
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|17.|ANALYSIS OF THE NET MOVEMENT|ANALYSIS OF THE NET MOVEMENT|IN FUNDS|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total||Total|
|||||Funds||Funds|Funds||Funds|
|||||2022||2022|2022||2021|
|||||9||2|8|||
||Net movement|in funds||(151,344)||143,094|(8,250)||34,008|
||Net disposals|of fixed assets||(1)|||(1)|||
|||||~8153,345|3|143,054|~348,353|3|34 008|
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