Charity registration number: 1117357
## The Book Bus Foundation
Annual Report and Financial Statements
for the Year Ended 31 March 2022
Ripe LLP Chartered Accountants 9A Burroughs Gardens London NW4 4AU
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 8|
|Statement of Trustees' Responsibilities|9|
|Independent Examiner's Report|10|
|Statement of Financial Activities|11|
|Balance Sheet|12|
|Notes to the Financial Statements
13 to 21||
## **Reference and Administrative Details**
## **Trustees -**
Jackie Gillan (Chair of the Board of Trustees) David Gordon Glenn Gurney (Treasurer) Gerard Kelly Huw Price
## **Principal Office**
11 The Orchard Montpelier Road Ealing W5 2QW
## **Charity Registration Number**
1117357
## **Solicitors**
Howard Kennedy No. 1 London Bridge London SE1 9BG
## **Independent Examiner**
Ripe LLP Chartered Accountants 9A Burroughs Gardens London NW4 4AU
Page 1
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2022.
## **Objectives and activities**
## _**Objects and aims**_
The objective of the Foundation is to support education, promote reading skills and provide school books and similar equipment to disadvantaged children overseas.
Former Trustee T Maschler acquired a Leyland Tiger bus in 2006 and donated it to the Foundation. The bus was converted into a mobile children's library called The Book Bus, to be used for communities in Africa. There are now three buses operating in Zambia, Malawi, and Ecuador.
The Trust Deed states that the Trustees may spend all or part of the capital of the charity in furthering its objects. There has been no change to the objectives during the period.
## _**Public benefit**_
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
## _**Recruitment and appointment of trustees**_
The Trust Deed provides for a minimum of two Trustees. Apart from the first Trustees, every Trustee must be for an appointed term of three years by a Resolution of the Trustees passed at a special meeting. A special meeting may be called at any time by the person elected to chair meetings of the Trustees or by any two Trustees.
In selecting individuals for appointment as Trustees, the Trustees must have regard to the skill, knowledge and experience needed for the effective administration of the charity. The Trustees must make available to each new Trustee, on his or her first appointment, a copy of the Trust Deed, a copy of the charity's latest report and statement of accounts. The first Trustees held office for a three-year period from 30 June 2006.
## **Financial instruments**
## _**Objectives and policies**_
The charity’s activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.
## _**Cash flow risk**_
The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.
Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.
Page 2
## **Trustees' Report**
## _**Credit risk**_
The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.
The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.
## _**Liquidity risk**_
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.
Page 3
**TRUSTEES ANNUAL REPORT 01 APRIL 2021 – 31 MARCH 2022**
## **Literacy levels in Zambian schools (and Africa in general) are still lagging behind**
The effects of the Covid pandemic in Zambia continued to affect children’s access to education in 2021. The pandemic-related school closures further widened the gap between those who have access to quality education and those who do not. Children from disadvantaged backgrounds, including those living in rural areas, have been particularly affected by the lack of access to instruction, feedback, and interaction with teachers.
## **Getting the Book Bus back on the road**
During the first two quarters of 2021, school closures and other restrictions meant The Book Bus staff continued to develop radio and online content for distribution to children and teachers they could not reach. A second series of “The Book Bus Reads” radio programmes was produced for Flava FM and broadcast nationwide. Schools re-opened during the final two quarters of 2021 allowing The Book Bus school literacy support programme to restart in September 2021 and continue into 2022. The “I am a Reader” project was finally able to take to the road again with the intent of getting vulnerable and disadvantaged children back into reading by providing them with access to quality books and the inspiration to read them.
## **The Book Bus Project with Build It International and The Magic Libraries Foundation**
The Book Bus school literacy support project was re-started when Build It International, a UK construction training organisation, contracted The Book Bus to deliver a 12-month version of the I am a Reader project to a cohort of 6 schools they had built in Central and Lusaka provinces. The project’s aim was to improve literacy levels of 1200 learners from across the six schools through provision of school libraries, teacher training and mentored reading sessions. Project planning commenced in May 2021 and after Covid related delays, activities commenced in September 2021 with completion due in September 2022. The project budget was £58,000 pounds which was jointly funded by Build It International and The Magic Libraries Foundation.
## **Project Activities 2021 – 2022**
The Book Bus Project Team was boosted with the creation of the position of Literacy Lead, a role that was to manage the project and develop expertise in teacher training and use of phonics. During the first quarter the project activities enabled the project team to identify individual school needs, measure the English literacy levels of learners and identify factors that may be the cause where the literacy levels fall below the project's target.
Base level tests of literacy levels in the project schools were conducted in October 2021 -overall, 11% of learners assessed passed as functionally literate. 89% of those assessed are classified as Not Yet Literate. These results reflect those of other Districts in Zambia where the Book bus has worked. There are no quick fixes to the causal issues of such low results but the project will help each school develop a strategy that will provide slow and sure progress towards achieving acceptable English literacy levels at all grades.
With the country emerging from the disruptions caused by the Covid-19 pandemic, full implementation of workshop activities and distribution of books and resources were achieved during the period. Teacher training workshops equipped participants with skills and techniques to incorporate quality children's literature into their daily teaching practice; schools were encouraged to give learners free and easy access to books and to make time in the school timetable for them to read.
School policies that allow free access to books are a critical step in the journey towards a fully literate school, such policies should guarantee that all learners can borrow books at least for reading within school; such
Page 4
policies should not be disregarded by head teachers or individual class teachers. Learners surveyed in schools that have adopted learner managed book lending systems show greater confidence and purpose in their reading ability. Learner involvement in the management of the school book stock leads to wider learner engagement with the books and increased reading skills through peer learning.
Teacher enthusiasm at the workshops was welcomed, teachers were encouraged to innovate and use their imagination to create additional resources to improve their learners' classroom environment. Use of talking walls, charts and posters is becoming more visible in the schools. Training in the use of Phonics has given teachers an important tool to help learners make the transition from local language to English. The teachers' professional development will continue to be supported by the Book Bus through school visits and our newly developed tele-coaching programme.
While the project has advanced considerably within the schools during the period, work remains to be done with community engagement and out of school reading. The formation of school book clubs is an important element of this as it provides opportunity for parental/family participation in the development of their children's reading skills.
The next period will build on the considerable achievements of the current period with continued monitoring of in-school practices and further development of book clubs and community engagement.
## **Strengthening our Monitoring, Evaluation, Accountability and Learning (MEAL)**
Planning with the “end in mind” is vitally important when developing and implementing literacy projects. The Book Bus “end in mind” is that every child should have the opportunity to read through having access to quality books and the inspiration to read them. During the “I am a Reader” project in 2021 we worked hard to increase our impact by using an outcome-based approach with a robust monitoring plan to ensure success. The project developed with a set of desired outcomes and associated activities which could be managed by measuring collected data and evidence of completion against carefully chosen success indicators.
With the recommencement of operations in Zambia in 2021, The Book Bus is once again on track to continue its mission to inspire, enlighten and educate the children of Zambia through the power of reading.
## **In memoriam: We sadly lost Mr Francis Chilufya, a dear and valued member of our Zambian board to Covid in 2021**
David Gordon Trustee and CEO
Page 5
## ACKNOWLEDGEMENTS
The Trustees of the Book Bus would like to thank on behalf of our beneficiaries the generosity of our many supporters some of whom we list below. It is because of your support that we can continue to enrich children’s lives through literacy and the joy of reading.
Telford Priory School
Holder and Combes Miles Kelly Publishers Woodmansterne Publishing Joseph McCollum and Company Solicitors
Magic Libraries Foundation National Police Aid Convoys The Harbinson Trust Build It International
Suzanne Waller Lucy Frew Anna Browne Anthony Barton Tim Beard Glenn Gurney Karen Pendlebury Richard Nicholl Barbara Egglesfield Kiana Grogan Nicholas White R Waldron George Coelho Mrs J C Hall
This list is but a snapshot of our support base; to all who have given and who are not on this list you are not forgotten, The Book Bus thanks you all equally and appreciate the support you have given to our cause in 2021/22
Page 6
THE BOOK BUS TEAM I N 2021/22
## **Patron:**
Sir Quentin Blake
## **Board of Trustees**
Jackie Gillan (Chair of the Board of Trustees) David Gordon Gerard Kelly Huw Price
## **Executives:**
David Gordon - Chief Executive Officer and Operations Director
**Staff** (Zambia): Monica Mulenga – Country Director _**Kitwe: “I am a Reader” Project staff:** Mweya Mwamba – Literacy Lead_ Caroline Chimba – Reading Coordinator Josephine Sikute – Communications Mulilwa Mulilwa – Link Teacher Precious Musatila - Link Teacher Kaela Chisimba – Link Teacher Raggie Mushili – Driver and reading mentor Edward Sakala - Driver and reading mentor _**Livingstone Library Project:**_ Jackline Simabila - Library staff James Sakala - Library staff
Page 7
## FINANCIAL REVIEW
We saw a significant decrease in income and expenditure this year, normal project implementation was stopped due school closures and general Covid restrictions. Operations in Zambia restarted with project funding from Build It International and The Magic Libraries Foundation.
Main income for the year was unrestricted grants from TUUT and Brian Murtagh Trust which enabled us to maintain a skeleton staff to continue developing literacy support resources for future use and to develop content for our new children’s radio programmes.
The charity has no pension liabilities or material investments.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:31/08/2023
.........................................
D Gordon Trustee
Page 8
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
31/08/2023 Approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... D Gordon Trustee
Page 9
## **Independent Examiner's Report to the trustees of The Book Bus Foundation**
I report on the accounts of the charity for the year ended 31 March 2022 which are set out on pages 6 to 16.
## **Respective responsibilities of trustees and examiner**
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act 2011; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...................................... Robert Glazer FCA Chartered Accountants
9A Burroughs Gardens London NW4 4AU
Date:.............................
Page 10
## **Statement of Financial Activities for the Year Ended 31 March 2022**
|**Note**|**Unrestricted**
**funds**
**Restricted funds**
**Total**
**2022**
**Total**
**2021**|
|---|---|
||**£**
**£**
**£**
**£**|
|**Income and Endowments from:**||
|Voluntary income
2|25,055
34,351
59,406
43,307|
|**Expenditure on:**||
|Charitable activities
4|(38,491)
(32,087)
(70,578)
(52,753)|
|Costs of generating funds
3|(369)
-
(369)
(11,826)|
|Other expenditure
5|(11,233)
-
(11,233)
(10,029)|
|Total Expenditure|(50,093)
(32,087)
(82,180)
(74,608)|
|**Other recognised gains and losses**||
|Net movement in funds|(25,038)
2,264
(22,774)
(31,301)|
|**Reconciliation of funds**||
|Total funds brought forward|13,000
17,049
30,049
61,350|
|Total funds carried forward
15|(12,038)
19,313
7,275
30,049|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 15.
Page 11
## **(Registration number: 1117357) Balance Sheet as at 31 March 2022**
|**Note**|**2022**
**2021**|
|---|---|
||**£**
**£**|
|**Fixed assets**||
|Tangible assets
11|-
899|
|**Current assets**||
|Debtors
12|5,628
42|
|Cash at bank and in hand|9,804
34,376|
||15,432
34,418|
|**Creditors: Amounts falling due within oneyear**
13|(8,157)
(5,268)|
|**Net current assets**|7,275
29,150|
|**Net assets**|7,275
30,049|
|**Funds of the charity:**||
|**Restricted funds**|19,313
17,049|
|**Unrestricted income funds**||
|Unrestricted funds|(12,038)
13,000|
|**Total funds**
15|7,275
30,049|
The financial statements on pages 6 to 16 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:31/08/2023
......................................... D Gordon Type text here Trustee
Page 12
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
The Book Bus Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Page 13
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
|**Asset class**|**Depreciation method and rate**|
|---|---|
|Motor vehicles|25% straight line basis|
|Computer equipment|25% straight line basis|
## **Trade debtors**
are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of is established when there is objective evidence that the will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 14
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **Trade creditors**
are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 15
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
## **2 Income from donations and legacies**
||**Unrestricted**
**funds**|
|---|---|
||**General**
**Restricted funds**
**Total**
**2022**
**Total**
**2021**|
||**£**
**£**
**£**
**£**|
|Donations and legacies;||
|Donations|25,055
34,351
59,406
43,307|
||25,055
34,351
59,406
43,307|
Page 16
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **3 Expenditure on raising funds**
## **a)**
## **Costs of generating funds**
|**a)**
**Costs of generating funds**||||||
|---|---|---|---|---|---|
|||**Unrestricted**||||
|||**funds**||||
||||**Total**|**Total**||
|||**General**|**2022**|**2021**||
||**Note**|**£**|**£**|**£**||
|Wages and salaries||-|-||3,600|
|Pension costs||61|61||61|
|Other fundraisingcosts||308|308||8,165|
|||369|369|11,826||
## **4 Expenditure on charitable activities**
||**Unrestricted**
**funds**|
|---|---|
|**Note**|**General**
**Restricted funds**
**Total**
**2022**
**Total**
**2021**|
||**£**
**£**
**£**
**£**|
|Wages and salaries|6,517
-
6,517
12,000|
|Pension costs|367
-
367
204|
|Project direct costs|-
32,087
32,087
15,273|
|Project direct costs|27,057
-
27,057
20,719|
|Books purchased|1,349
-
1,349
1,345|
|Motor expenses (U1,
CA1)|2,083
-
2,083
1,981|
|Depreciation of vehicles
and equipment (U1,
CA1)|899
-
899
1,231|
||38,273
32,087
70,360
52,753|
Page 17
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
|**5**||**Other expenditure**|**Other expenditure**||
|---|---|---|---|---|
|||**Unrestricted funds**|||
||||**Total**|**Total**|
|||**General**|**2022**|**2021**|
||**Note**|**£**|**£**|**£**|
|Staff costs|||||
|Wages and salaries||-|-|3,681|
|Pension costs||61|61|61|
|Travel and|||||
|subsistence||84|84|112|
|Foreign currency|||||
|(gains)/losses||2,192|2,192|126|
|Other office running|||||
|and administration|||||
|costs||4,801|4,801|1,709|
|Website maintenance|||||
|and computer|||||
|expense||3,957|3,957|4,213|
|Printing, postage and|||||
|stationery||138|138|127|
|||11,233|11,233|10,029|
## **6 Analysis of governance and support costs**
||**Governance costs**|**Governance costs**|
|---|---|---|
||**Unrestricted funds**||
|||**Total**|
||**General**|**2022**|
||**£**|**£**|
|Othergovernance costs|218|218|
||218|218|
## **7 Net incoming / outgoing resources**
Net outgoing resources for the year include:
|Net outgoing resources for the year include:|||
|---|---|---|
||**2022**|**2021**|
||**£**|**£**|
|Depreciation of fixed assets|899|1,231|
## **8 Trustees remuneration and expenses**
During the year the charity made the following transactions with trustees:
## **D Gordon**
D Gordon received remuneration of £Nil (2021: £14,400) during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 18
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **9 Staff costs**
The aggregate payroll costs were as follows:
|The aggregate payroll costs were as follows:||
|---|---|
||**2022**
**2021**|
||**£**
**£**|
|**Staff costs during the year were:**||
|Wages and salaries|6,517
19,281|
|Pension costs|489
326|
||7,006
19,607|
The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:
|the year expressed as full time equivalents was as follows:||
|---|---|
||**2022**
**2021**|
||**No**
**No**|
|Admin & support|2
2|
No employee received emoluments of more than £60,000 during the year
## **10 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **11 Tangible fixed assets**
||**Motor vehicles**
**Computer**
**equipment**
**Total**|
|---|---|
||**£**
**£**
**£**|
|**Cost**||
|At 1 April 2021|53,724
3,842
57,566|
|At 31 March 2022|53,724
3,842
57,566|
|**Depreciation**||
|At 1 April 2021|53,121
3,546
56,667|
|Charge for theyear|603
296
899|
|At 31 March 2022|53,724
3,842
57,566|
|**Net book value**||
|At 31 March 2022|-
-
-|
|At 31 March 2021|603
296
899|
Page 19
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **12 Debtors**
|**12**
**Debtors**||
|---|---|
||**2022**
**2021**|
||**£**
**£**|
|Trade debtors|4,271
42|
|**13**
**Creditors: amounts falling due within one year**||
||**2022**
**2021**|
||**£**
**£**|
|Trade creditors|80
80|
|Other taxation and social security|-
679|
|Other creditors|8,077
4,509|
||8,157
5,268|
Included in other creditors is a balance due to Mr David Gordon £8,000 a trustee of the charity.
## **14 Pension and other schemes**
## **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £490 (2021: £326).
## **15 Funds**
||**Balance at 1 April**
**Incoming**
**Resources**
**Balance at 31**|
|---|---|
||
**2021**
**resources**
**expended**
**March 2022**|
||**£**
**£**
**£**
**£**|
|**Unrestricted funds**||
|General|13,000
25,055
(50,093)
(12,038)|
|**Restricted funds**|17,049
34,351
(32,087)
19,313|
|**Total funds**|30,049
59,406
(82,180)
7,275|
Page 20
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
|**Balance at 1 April**
**2020**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 31**
**March 2021**
**£**|**Balance at 1 April**
**2020**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 31**
**March 2021**
**£**|
|---|---|
|**Unrestricted funds**||
|General
29,087
43,248
(59,335)
13,000||
|**Restricted funds**
32,263
59
(15,273)
17,049||
|**Total funds**
61,350
43,307
(74,608)
30,049||
|**16**
**Analysis of net assets between funds**||
||**Unrestricted funds**|
||**General**
**Restricted funds**
**Total funds**|
||**£**
**£**
**£**|
|Current assets|(3,881)
19,313
15,432|
|Current liabilities|(8,157)
-
(8,157)|
|Total net assets|(12,038)
19,313
7,275|
Page 21