##
|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|2|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Statement ofFinancial Position||||
|Notes to the Financial Statements|6|to|15|
|Detailed Statement ofFinancial Activities||16||
##
##
##
##
##
##
##
##
##
##
##
|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|INCOME AND ENDOWMENTS FROM||||
|Donations
and legacies||624|321|
|Other acfivities||67,956||
|Investment
income||26,166|25,727|
|Total||94,746|26,048|
|EXPENDITURE ON||||
|Raising funds||96,829|81,643|
|||202|270|
|Total||97,031|81,913|
|NKT INCOME/(EXPENDITURE)
Other recognised gains/(tosses)||(2485)|(55,865)|
|Gains on revaluation offixed assets|||70,000|
|Net movement
in funds||(2,285)|14,135|
|RECONCILIATION
OFFUNDS||||
|Total funds brought
forward||804,861|790,726|
|TOTAL FUNDS CARRIED FORWARD||802,576|804,861|
##
|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|FIXEDASSETS||||
|Tangible assets|10|585,607|585,809|
|CURRENT ASSETS||||
|Debtors
Cash atbank||1,343
291,319|1,724
359,538|
|||292,662|361362|
|CREDITORS||||
|Amounts
falling due within one year|12|(75,693)|(142410)|
|NET CURRENT ASSETS||216,969|219,052|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||802,576|804,861|
|NETASSETS||802,576|804,861|
|FUNDS|13|||
|Unrestricted
funds||802,576|804,861|
|TOTAL FUNDS||802,576|804,861|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||2023|2022|
|---|---|---|---|---|
|Donations|||624|321|
|OTHER ACTIVITIES|||||
||||2023|2022|
|Membership
subscripfions|||67,956||
|INVESTMENT INCOME|||||
||||2023|2022|
|Rents received
Rental expenditure
Deposit account interest|||33,730
(8,823)
1,259|31,820
(6,143)
50|
||||26,166|25,727|
|RAISING FUNDS|||||
|Raising donations|and|legacies|||
||||2023|2022|
|Trustees' remuneration
Staffcosts
Insurance||etc|79,000
7,528
552|f.
61,750
7,074
424|
|Telephone|||588|525|
|Postage and stationery|||7|360|
|Travellmg
expenses||||624|
|Computer soibvare|and|costs|1,941|1,204|
||||89,616|71,961|
##
##
##
##
||Other activities||||
|---|---|---|---|---|
||||2023|2022|
||Purchases
Staff costs
Rent
Bad debts||5,953
203|700
2,688
5,339|
||Accountancy||997|955|
||Trust Advice||60||
||||7,213|9,682|
||Aggregate
amounts||96,829|81,643|
|6.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated after charging/(crediting):|||
||||2023|2022|
||Depreciation - owned assets||202|269|
||Other operating
leases||5,953|5,339|
|7.|TRUSTEES' REMUNERATION||AND BENEFITS||
||||2023I|2022|
||Trustees' salaries||79,000|61,750|
||Trastees' expenses||||
||There were no trustees'|expenses paid for the year ended 30June 2023 nor for the year ended 30June 2022.|||
||STAFFCOSTS||||
##
|STAFFCOSTS|||||
|---|---|---|---|---|
||||2023|2022|
|Wages and salaries
Social security costs
Other pension costs|||79,000
2,536
4,992|64,438
2,082
4,992|
||||86,528|71,512|
|The average monthly|number ofemployees|during the year was as follows:|||
|Directors
Office Administmtion|||2023
2|2022
2
1|
||THE WEDNESDAY WORD LIMITED
TRADING ASTHE WEDNESDAY WORD TRUST|THE WEDNESDAY WORD LIMITED
TRADING ASTHE WEDNESDAY WORD TRUST|||
|---|---|---|---|---|
||NOTES TOTHE FINANCIAL STATEMENTS -continued||||
||FORTHK YEARENDED 30JUNE 2023||||
||COMPARATIVES FORTHE STATEMENT OFFINANCIAL AC~S||||
|||||Unrestricted|
|||||fund|
||INCOME AND ENDOWMENTS FROM||||
||Donations
and legacies|||321|
||Investment
income|||25,727|
||Total|||26,048|
||EXPENDITURE ON||||
||Raising funds|||81,643|
|||||270|
||Total|||81,913|
||NET INCOME/(EXPENDITURE)
Other recognised gains/gasses)|||(55865)|
||Gains on revaluation offixed assets|||70,000|
||Net movement
in funds|||14,135|
||RECONCILIATION
OFFUNDS||||
||Total fimds brought
forward|||790,726|
||TOTAL FUNDS CARRIED FORWARD|||804,86!|
|10.|TANGIBLE FIXEDASSETS||||
||||Fixtures||
|||Freehold|and||
|||property|fitdngs|Totals|
||COSTORVALUATION||||
||At 1July 2022 and 30June 2023|585,000|6,452|591,452|
||DEPRECIATION||||
||At 1July 2022
Charge foryear||5,643
202|5,643
202|
||At30June 2023||5,845|5,845|
||NET BOOKVALUE||||
||At 30June 2023|585,000|607|585,607|
||At 30June 2022|585,000|809|585,809|
##
##
|||||Fixtures||
|---|---|---|---|---|---|
||||Freehold|and||
||||property|fittings|Totals|
||Valuation
in
Valuation
in
Cost|2021
2022|141,822
70,000
373,178|6,452|141,822
70,000
379,630|
||||585,000|6,452|591,452|
|11.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||||2023|2022|
|||||f||
||Trade debtors
Prepayments|||1,343|(648)
2372|
|||||1,343|1,724|
|12.|CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2023|2022|
|||||6||
||Social security and other taxes
Accruals and deferred income
Accrued expenses|||1,206
73,887
600|648
140,992
570|
|||||75,693|142,210|
|13.|MOVEMKNT IN FUNDS|||||
|||||Net||
|||||movement|At|
||||At 1.7.22|in funds|30.6.23|
||Unrestricted|funds||||
||General fund||804,861|(2485)|802,576|
||TOTAL FUNDS||804,861|(2,285)|802,576|
||Net movement|in funds, included in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||Unrestricted|funds|6||6|
||General fund||94,746|(97,031)|(2785)|
||TOTAL FUNDS||94,746|(97,031)|(2,285)|
##
##
##
||||Net||
|---|---|---|---|---|
||||nlovenlent|At|
|||At 1.7.21|in funds|30.6.22|
|Unrestricted|funds||||
|General fund||790,726|14,135|804,861|
|TOTAL FUNDS||790,726|14,135|804,861|
||||Resources|Gains and|Movement|
|---|---|---|---|---|---|
||||expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||26,048|(81,913)|70,000|14,135|
|TOTAL FUNDS||26,048|(81,913)|70,000|14,135|
|A current year|12months and prior year 12months combined position is as follows:|||||
|||||Net||
|||||movement|At|
||||At 1.7.21|in funds|30.6.23|
|Unrestricted|funds||||I|
|Geneml fund|||790,726|11,850|802,576|
|TOTAL FUNDS|||790,726|11,850|802,576|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||120,794|(178,944)|70,000|11,850|
|TOTAL FUNDS||120,794|(178,944)|70,000|11,850|
##
||THEWEDNESDAY WORD LIMITED
TRADING ASTHE WEDNESDAY WORD TRUST|||
|---|---|---|---|
||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
||FORTHE YEARENDED 30JUNE 2023|||
|||2023|2022|
|||6||
|INCOME AND ENDOWMENTS||||
|Donations and legacies||||
|Donanons||624|321|
|Other activities||||
|Membership
subscriptions||67,956||
|Investment
income||||
|Rents received||33,730|31,820|
|Rental expenditure||(8,823)|(6,143)|
|Deposit account interest||1,259|50|
|||26,166|25,727|
|Total incondng resources||94,746|26,048|
|EXPENDITURE||||
|Raising donations|and legacies|||
|Trustees' salaries||79,000|61,750|
|Social security||2,536|2,082|
|Pensions||4,992|4/92|
|Insurance||552|424|
|Telephone||588|525|
|Postage and stationery||7|360|
|Travelling
expenses|||624|
|Computer
soibvare|snd costs|1,941|1,204|
|||89,616|71,961|
|Other activities||||
|Purchases|||700|
|Wages|||2,688|
|Rent||5953|5,339|
|Bad debts||203||
|Accountancy||997|955|
|Trust Advice||60||
|||7/13|9,682|
|Other||||
|Fixtures and fittings||202|270|
|Total resources expended||97,031|81,913|
|Net expenditure||(2885)|(55,865)|