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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|3|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||7|to|14|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total|
|||||||funds|funds|
||||||Notes|E|5|
|INCOME AND ENDOWMENTS||||FROM||||
|Donations|and legacies|||||104,000|75,000|
|Charitable|activities|||||||
|Partnership|Foundation||Fund|||2,000|1,000|
|Investment|income|||||9,336|5,878|
|Total||||||115,336|81,878|
|EXPENDITURE ON||||||||
|Raising funds||||||8,305|4,333|
|Charitable|activities|||||||
|Partnership|Foundation||Fund|||171,849|55,545|
|Other||||||8,714|6,691|
|Total||||||188,868|66,569|
|NET INCOIIIIE/(EXPENDITURE)||||||(73,532)|15,309|
|RECONCILIATION||OF|FUNDS|||||
|Total funds|brought|forward||||331,366|316,057|
|TOTAL FUNDS CARRIED FORWARD||||||257,834|331,366|
##
||BALANCE SHEET
31 MARCH 2023|||
|---|---|---|---|
|||2023|2022|
|||Total|Total|
|||funds|funds|
||Notes|E|F|
|FIXEDASSETS||||
|Social investments|13|100,000|100,000|
|CURRENT ASSETS||||
|Debtors|14|104,323|75,272|
|Cash at bank||81,561|159,029|
|||185,884|234,301|
|CREDITORS||||
|Amounts
falling due within one year|15|(28,050)|(2,935)|
|NET CURRENT ASSETS||157,834|231,366|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||257,834|331,366|
|NET ASSETS||257,834|331,366|
|FUNDS|16|||
|Unrestricted
funds||257,834|331,366|
|TOTAL FUNDS||257,834|331,366|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||2023|2022|
||F||
|Donations|104,000|75,000|
|INVESTMENT INCOME|||
||2023|2022|
|||F|
|Rents received|8,305|5,789|
|Deposit account interest|1,031|89|
||9,336|5,878|
##
|All investment
income is derived
from assets held
in|All investment
income is derived
from assets held
in|All investment
income is derived
from assets held
in|All investment
income is derived
from assets held
in|the United
King|dom.||
|---|---|---|---|---|---|---|
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||||||2023|2022|
|||Activity|||f|8|
|Hope into action||Partnership|Foundation|Fund|2,000|1,000|
|RAISING FUNDS|||||||
|Other trading|activities||||||
||||||2023|2022|
||||||F||
|Rent|||||8,305|4,333|
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##
||||||||Grant|
|---|---|---|---|---|---|---|---|
||||||||funding
of|
||||||||activities|
||||||||(see note|
||||||||7)|
||||||||8|
|Partnership
Foundation||Fund|||||171,849|
|GRANTS PAYABLE||||||||
||||||2023||2022|
||||||F||E|
|Partnership
Foundation||Fund|||171,849||55,545|
|The total grants
paid|to|institutions||during the year was as follows:||||
||||||2023||2022|
||||||F||F|
|Aspex|||||20,000||10,000|
|Lily 8 Lime|||||||500|
|Sehco|||||445|||
|EC Roberts Centre|||||17,500||2,750|
|Portsea Event||||||500||
|Makers
Guild|||||||500|
|Marvels and meltdowns|||||||500|
|Two Saints|||||2,504||1,957|
|Hope into Action|||||10,500|||
|Salvation
army|||||||6,350|
|Boogiemites|||||||950|
|Dadzclub||||||500|500|
|Gardening
Project - Brockhurst|||Baptist Church||||500|
|Comfort and Joy Vouchers|||||7,000||500|
|The Hive (foodbanks|and food pantries)||||50,000||20,000|
|Wecock Farm|||||||(500)|
|Age Concern
—Gosport||Hospital|||||924|
|Portsmouth
Northsea|Swimming|||Club|||500|
|Friends ofWalpole Park|||||||130|
|The Genesis Centre|||||||500|
|YMusic|||||||484|
|Anchorage
Park Basketball|||||||500|
|Orchard
Park Regeneration|||||||500|
|Sparks Community
Space Cuppa||||&Cake||500|500|
|Golden Gloves Boxing|||||||500|
|Dinky Tinkers|||||||500|
|Peter J Coding|||||||500|
|Havelock
Community|Centre|||||500|500|
|STEM Unity||||||900||
|Community
Fair||||||500||
|Andrew Simpson
Foundation||||||500||
|Walking
Football||||||500||
|Sustrans||||||500||
|Jacobs Well Care Centre|||||10,000|||
|The Twirly's Game Club||||||500||
|Abilities for Life||||||500||
|Portsmouth
Community||Housing||Trust|25,000|||
|Motiv8 Mental
Health|||||23,000||5,000|
||||||171,849||55,545|
##
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|SUPPORT C|OSTS||||||
|---|---|---|---|---|---|---|
||||||Governance||
||||Management|Finance|costs|Totals|
||||E|6|6|6|
|Other resources expended|||4,353|75|4,286|8,714|
|Support costs, included||in the above,|are as follows:||||
|Management|||||||
||||||2023|2022|
||||||Other||
||||||resources|Total|
||||||expended|activities|
|Administration|||||4,353|3,421|
|Finance|||||||
||||||2023|2022|
||||||Other||
||||||resources|Total|
||||||expended|activities|
||||||E|6|
|Bank charges|||||75|61|
|Governance|costs||||||
||||||2023|2022|
||||||Other||
||||||resources|Total|
||||||expended|activities|
|||||||6|
|Insurance|||||406|394|
|Accountancy|and legal|fees|||3,880|2,815|
||||||4,286|3,209|
##
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##
|||FO|R|THE|YEAR|ENDE|D 31 MARCH 2023|||
|---|---|---|---|---|---|---|---|---|---|
|10.|STAFF COSTS|||||||||
||The average
monthly
number||of|employees||during|the year was as follows.|||
|||||||||2023|2022|
||Support staff|||||||1|1|
||No employees
received|emoluments|||in excess of||F60,000.|||
|11.|CONIPARATIVES FOR|THE|STATEMENT|||OF FINANCIAL ACTIVITIES||||
||||||||||Unrestricted|
||||||||||funds|
||||||||||F|
||INCOME AND ENDOWMENTS|||FROM||||||
||Donations
and legacies||||||||75,000|
||Charitable
activities|||||||||
||Partnership
Foundation|Fund|||||||1,000|
||Investment
income||||||||5,878|
||Total||||||||81,878|
||EXPENDITURE ON|||||||||
||Raising funds||||||||4,333|
||Charitable
activities|||||||||
||Partnership
Foundation|Fund|||||||55,545|
||Other||||||||6,691|
||Total||||||||66,569|
||NET INCOME||||||||15,309|
||RECONCILIATION
OF|FUNDS||||||||
||Total funds brought
forward||||||||316,057|
||TOTAL FUNDS CARRIED FORWARD||||||||331,366|
##
|12.|TANGIBLE FIXEDASS|E|TS|||
|---|---|---|---|---|---|
||||||Office|
||||||equipment|
||||||F|
||COST|||||
||At 1 April 2022 and 31 March 2023||||4,358|
||DEPRECIATION|||||
||At 1 April 2022 and 31 March 2023||||4,358|
||NET BOOK VALUE|||||
||At 31 March 2023|||||
||At 31 March 2022|||||
|13.|SOCIAL INVESTMENTS|||||
||||||Other|
||||||investments|
||MARKET VALUE|||||
||At 1 April 2022 and 31 March 2023||||100,000|
||NET BOOK VALUE|||||
||At 31 March 2023||||100,000|
||At 31 March 2022||||100,000|
|14.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||2023
f|2022
f|
||Other debtors|||104,000|75,000|
||Prepayments|||323|272|
|||||104,323|75,272|
|15.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2023
f|2022
f|
||Trade creditors|||1,044|1,375|
||Other creditors|||25,000||
||Accrued expenses|||2,006|1,560|
|||||28,050|2,935|
##
##
|MOVEM|ENT|IN FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.4.22|in funds|31.3.23|
|||||||||8||E|
|Unrestricted||funds|||||||||
|General|fund|||||||331,366|(73,532)|257,834|
|TOTAL|FUNDS|||||||331,366|(73,532)|257,834|
|Net movement||in funds,|included|||in the above||are as follows:|||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
|||||||||6|F||
|Unrestricted||funds|||||||||
|General|fund|||||||115,336|(188,868)|(73,532)|
|TOTAL|FUNDS|||||||115,336|(188,868)|(73,532)|
|Comparatives||for movement|||in|funds|||||
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.4.21|in funds|31.3.22|
||||||||||E|E|
|Unrestricted||funds|||||||||
|General|fund|||||||316,057|15,309|331,366|
|TOTAL|FUNDS|||||||316,057|15,309|331,366|
|Comparative||net movement||in|funds,||included|in the above are as follows:|||
|||||||||Incoming|Resources|Movement|
|||||||||resources|expended|in funds|
|||||||||E|E|E|
|Unrestricted||funds|||||||||
|General|fund|||||||81,878|(66,569)|15,309|
|TOTAL|FUNDS|||||||81,878|(66,569)|15,309|
##
##
|(a company
with|directors
in common
with the charity)
duri|ng the year:||
|---|---|---|---|
|||2023|2022|
|||F||
|Donation||104,000|75,000|
|Debtor/(creditor)|at balance sheet date|104,000|75,000|
|Rent charged||3,374|4,333|
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