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|Report ofthe Trustees||1to2|
|---|---|---|
|Independent
Examiner's|Report to the Trustees||
|Statement of Financial|Activities||
|Statement of Financial|Position||
|Notes to the Financial Statements||6to12|
|Detailed Statement
of Financial Activities||13to 14|
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|Charity registration|Charity registration|Charity registration|number|number|1123770|||
|---|---|---|---|---|---|---|---|
|Company|registration|||number|06471722|||
|Principal|address||||Little Causeway|||
||||||Marshalls|Road||
||||||Braintree|||
||||||Essex|||
||||||CM7 2LL|||
|Trustees||||||||
|The trustees||and officers serving|||during the year and since the year end were as follows:|||
||||||Olubunmi|Akintujoye||
||||||Charles
Iduh|||
||||||Merukube|Olaosebikan||
|Independent||examiner|||Tolu Obisesan|||
||||||ANS Accounts||Ltd|
||||||82AJames Carter Road|||
||||||Mildenhall|||
||||||Suffolk|||
||||||IP28 7DE|||
|Bankers|||||Barclays Bank||PLC|
||||||1 Churchill|Place||
||||||London|||
||||||E145HP|||
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|||||Notes|Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|||
|||||||F|||
|Income and|endowments||from:||||||
|Donations|and legacies||||210,725||210,725|265,974|
|Investments|||||18||18|1|
|Other income|||||3,500||3,500||
|Total|||||214,243||214,243|265,975|
|Expenditure|on:||||||||
|Charitable|activities|||5/6|(251,331)||(251,331)|(273,550)|
|Total|||||(251,331)||(251,331)|(273,550)|
|Net income/expenditure|||||(37,088)||(37,088)|(7,575)|
|Reconciliation
offunds|||||||||
|Total funds|brought|forward|||924,219|11,030|935,249|946,079|
|Total funds|carried|forward|||887,131|11,030|898,161|938,504|
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|||||Notes|2022|2021|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||||12|2,911,570|2,972,337|
||||||2,911,570|2,972,337|
|Current assets|||||||
|Debtors||||13|8,634|6,584|
|Cash at bank and|in hand||||17,297|29,231|
||||||25,931|35,815|
|Creditors: amounts||falling|due within one year|14|(102,152)|(92,058)|
|Net current assets|||||(76,221)|(56,243)|
|Total assets less current|||liabilities||2,835,349|2,916,094|
|Creditors: amounts||falling|due after more than one year|15|(634,197)|(677,854)|
|Net assets|||||2,201,152|2,238,240|
|The funds ofthe charity|||||||
|Restricted
income|funds|||16|11,030|11,030|
|Unrestricted
income||funds||16|887,131|924,219|
|Revaluation
reserve|||||1,302,991|1,302,991|
|Total funds|||||2,201,152|2,238,240|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f|f|
|Unrestricted||funds|||||
|Donations|received||||210,725|246,686|
|Grants received||||||19,288|
||||||210,725|265,974|
|Analysis|ofgrants||received||||
||||||2022|2021|
|||||||F|
|HMRC||||||19,288|
|||||||19,288|
|3.Investment|income||||||
||||||2022|2021|
||||||F|F|
|Unrestricted||funds|||||
|Bank interest||receivable|||18||
|4.Other income|||||||
||||||2022|2021|
||||||f|f|
|Unrestricted||funds|||||
|Other income|||||3,500||
||||||3,500||
|5.Costs ofcharitable|||activities|by fund type|||
||||||2022|2021|
||||||f|f|
|Unrestricted||funds|||||
|Charitable|activities||||59,900|47,914|
|Support costs|||||191,431|225,636|
||||||251,331|273,550|
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|6.Costs ofcharitable
act|iviti|es
by activity type|||||
|---|---|---|---|---|---|---|
||||Activities|Support costs|2022|2021|
||||undertaken||||
||||directly||||
|Support costs|||||||
|Charitable
activities|||59,900|191,431|251,331|273,550|
|7.Analysis ofsupport costs|||||||
||||||2022|2021|
|Charitable
activities|||||||
|Management
costs|||||148,854|193,836|
|Finance Costs|||||35,605|27,763|
|Governance
costs|||||6,972|4,037|
||||||191,431|225,636|
|8.Net income/(expenditure)||for the year|||||
|This is stated after charging/(crediting):|||||||
||||||2022|2021|
|Depreciation
ofowned|fixed assets||||61,781|61,529|
|Accountancy
fees|||||5,034|4,037|
|Staff pension
contributions|||||1,249|886|
|9.Staff costs and emoluments|||||||
|Total staff costs for the|year ended 31 December 2022 were:||||||
||||||2022|2021|
||||||F|f|
|Salaries and wages|||||50,470|48,480|
|Pension costs|||||1,249|886|
||||||51,719|49,366|
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||Land and|Fixtures and|Computer||
|---|---|---|---|---|
|Cost or valuation|buildings|fittings|equipment|Total|
||f|f|||
|At 01 January 2022|3,100,000|253,127|4,384|3,357,511|
|Additions||637|378|1,015|
|At 31 December 2022|3,100,000|253,764|4,762|3,358,526|
|Depreciation|||||
|At 01 January 2022|156,000|227,330|1,844|385,174|
|Charge for year|52,000|8,210|1,572|61,782|
|At 31 December 2022|208,000|235,540|3,416|446,956|
|Net book values|||||
|At 31 December 2022|2,892,000|18,224|1,346|2,911,570|
|At 31 December 2021|2,944,000|25,797|2,540|2,972,337|
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|2022|2021|
|---|---|
||f|
|8,634|6,584|
|8,634|6,584|
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|14.Creditors:|am|ounts
|falling due|within one yea|r||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|2021|
||||||||||f|f|
|Other creditors|||||||||96,910|90,058|
|Accruals and||deferred|income||||||5,242|2,000|
||||||||||102,152|92,058|
|The following||liabilities|disclosed|under creditors|falling due within one year are|secured|by the|charity:|||
|Hire purchase||agreements|||||||284|2,398|
||||||||||284|2,398|
|15.Creditors: amounts
falling due||||after more than one year|||||||
||||||||||2022|2021|
||||||||||f|f|
|Other creditors|||||||||634,197|677,854|
||||||||||634,197|677,854|
|16.Movement|in|funds|||||||||
|Unrestricted||Funds|||||||||
||||||Balance at|Incoming|||Outgoing|Balance at|
||||||01/01/2022|resources|||resources|31/12/2022|
||||||f|||F|F|f|
|General|||||||||||
|General|||||924,219||214,243||(251,331)|887,131|
||||||924,219||214,243||(251,331)|887,131|
|Unrestricted||Funds - Previous||year|||||||
||||||Balance at|Incoming|||Outgoing|Balance at|
||||||01/01/2021|resources|||resources|31/12/2021|
||||||F|||F|F|f|
|General|||||||||||
|General|||||935,049||265,975||(273,550)|927,474|
||||||935,049||265,975||(273,550)|927,474|
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|Restricted|Funds|||
|---|---|---|---|
|||Balance at|Balance at|
|||01/01/2022|31/12/2022|
|General - R||11,030|11,030|
|||11,030|11,030|
|Restricted|Funds - Previous year|||
|||Balance at|Balance at|
|||01/01/2021|31/12/2021|
|||F||
|General - R||11,030|11,030|
|||11,030|11,030|
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|Analysis o|f net assets between funds||||||
|---|---|---|---|---|---|---|
|||Tangible fixed|Net current|Creditors|&|Net Assets|
|||assets|assets I|one year|||
||||(liabilities)||||
||||K||||
|Unrestricted|funds||||||
|General|||||||
|General||2,911,570|(87,251)|(634,197)||2,190,122|
|Restricted|funds||||||
|General|- R||11,030|||11,030|
|||2,911,570|(76,221)|(634,197)||2,201,152|
|Previous year|||||||
|||Tangible fixed|Net current|Creditors|&|Net Assets|
|||assets|assets I|one year|||
||||(liabilities)||||
|Unrestricted|funds||||||
|General|||||||
|General||2,972,337|(67,273)|(677,854)||2,227,210|
|Restricted|funds||||||
|General|- R||11,030|||11,030|
|||2,972,337|(56,243)|(677,854)||2,238,240|
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