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|Trustees'
Report||2 to 6|
|---|---|---|
|Statement
ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|8to 11|
|Statement
of Financial|Activities|12|
|Balance Sheet||13|
|Notes to the Financial|Statements|14to 22|
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|Trustees:|Trustees:|||||Mr P D Armstrong|Mr P D Armstrong|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Mr C R BBrook||||||
|||||||Rt. Hon. Lord J|P||Burnett (Resigned 19August 2022)|||
|||||||Mr R P Jones||||||
|||||||Col P R L Lane|(appointed
19August||||2022)|
|||||||Mrs C Pitcher (Resigned||||31 October 2022)||
|||||||Mr J R Sale||||||
|||||||Mrs J Smart||||||
|||||||Mr E M G Roberts|||(appointed
8 July 2022)|||
|||||||Ms C Furze (appointed||||19May 2023)||
|Secretary:||||||Mrs J Smart||||||
|Senior|Management|||I Leadership||Mrs C Mortimore,|||Chief|Executive Officer||
|Team:||||||Mrs S Sherrell,|Finance|||Manager||
|Registered||and Principal|||Office:|Unit C4||||||
|||||||Union
Mine Road||||||
|||||||Pitts Cleave||||||
|||||||Tavistock||||||
|||||||Devon||||||
|||||||PL19 ONS||||||
|||||||The Charity
is incorporated
in England|||||and Wales.|
|Charity|Registration||Number:|||1128013||||||
|Company||Registration||Number:||06754603||||||
|Solicitors:||||||Stephens
Scown LLP||||||
|||||||Osprey House||||||
|||||||Malpas Road||||||
|||||||Truro||||||
|||||||Cornwall||||||
|||||||TR1 1UT||||||
|Bankers:||||||Lloyds Bank||||||
|||||||13Broad Street||||||
|||||||Launceston||||||
|||||||Cornwall||||||
|||||||PL15 8AG||||||
|Auditor:||||||PKF Francis Clark||||||
|||||||18, Unit 23 Melville|||Building East|||
|||||||Royal William Yard||||||
|||||||Plymouth||||||
|||||||Devon||||||
|||||||PL1 3GW||||||
|||||||Page||1||||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|2023|2022|
||||Note||||
|Income and Endowments||from:|||||
|Charitable
activities||||475,906|475,906|470,115|
|Investment
income||||21,215|21,215|2,697|
|Total Income||||497,121|497,121|472,812|
|Expenditure
on:|||||||
|Charitable
activities||||(456,504)|(456,504)|(405,767)|
|Other expenditure||||90|90||
|Total Expenditure||||(456,414)|(456,414)|(405,767)|
|Net income||||40,707|40,707|67,045|
|Net movement
in funds||||40,707|40,707|67,045|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||523,053|523,053|456,008|
|Total funds carried|forward||17|563,760|563,760|523,053|
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|Balance She|et|as|at 30April 2023||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|||
|Fixed assets|||||||
|Intangible
assets||||10|65,379|67,627|
|Tangible assets||||11|223,792|209,357|
||||||289,171|276,984|
|Current assets|||||||
|Debtors||||12|60,903|42,776|
|Cash at bank and|in hand||||356,631|351,542|
||||||417,534|394,318|
|Creditors: Amounts||falling due within one year||13|(55,422)|(51,756)|
|Net current assets|||||362,112|342,562|
|Total assets less|current||liabilities||651,283|619,546|
|Creditors: Amounts||falling due after more than one year||14|(87,523)|(96,493)|
|Net assets|||||563,760|523,053|
|Funds ofthe Charity:|||||||
|Unrestricted
income||funds|||||
|Unrestricted
funds|||||563,760|523,053|
|Total funds||||17|563,760|523,053|
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|3
Income from charitable|3
Income from charitable|activities||||
|---|---|---|---|---|---|
||||Unrestricted|||
|||||Total|Total|
||||General|2023|2022|
|Administration
service income|||475,906|475,906|470,115|
|Funds received as agent||||||
|||||2023|2022|
|Amounts|held at start of period|||9,516,546|7,664,177|
|Amounts|received|||52,147,126|44,010,900|
|Amounts|paid out to charities|||(51,192,462)|(42,158,531)|
|Amounts|held at end of period|||10,471,210|9,516,546|
|4
Investment
income||||||
||||Unrestricted|||
||||funds|Total|Total|
||||General|2023|2022|
|Other income from fixed asset investments|||21,215|21,215|2,697|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||General|2023|2022|
|Wages and|salaries||335,268|335,268|299,889|
|Systems development||and support|25,667|25,667|22,540|
|Depreciation|||21,322|21,322|20,892|
|Marketing|||2,225|2,225||
|Governance|costs||17,157|17,157|9,618|
|Other costs|||54,865|54,865|52,828|
||||456,504|456,504|405,767|
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|7 Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2023|2022|
|Staff costs during the year were:|||
|Wages and salaries|298,338|268,290|
|Social security costs|22,149|18,333|
|Pension costs|14,781|13,266|
||335,268|299,889|
|The
monthly
average
number
of persons
Charity
during
the year was as follows:|(including
senior
management
team)
employ|ed
by the|
|---|---|---|
||2023|2022|
||No|No|
|Employees|12|12|
|The num|b|er of employees
whose emoluments
fel|l within
the following
bands was:||
|---|---|---|---|---|
||||2023|2022|
||||No|No|
|F60,001|-|870,000|1||
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|2023|2022|
|---|---|
|9,840|8,600|
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|10 Intangible
fixed assets||||
|---|---|---|---|
||Other|Website and||
||intangible|bespoke||
||asset|software|Total|
|Cost||||
|At 1 May 2022|50,000|230,919|280,919|
|Additions||7,585|7,585|
|At 30 April 2023|50,000|238,504|288,504|
|Amortisation||||
|At 1 May 2022|43,351|169,941|213,292|
|Charge for the year|3,336|6,497|9,833|
|At 30 April 2023|46,687|176,438|223,125|
|Net book value||||
|At 30 April 2023|3,313|62,066|65,379|
|At 30 April 2022|6,649|60,978|67,627|
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|11Tangible fi|xed ass|ets||||
|---|---|---|---|---|---|
||||Land and|Furniture
and||
||||buildings|equipment|Total|
|Cost||||||
|At 1 May 2022|||297,971|112,442|410,413|
|Additions||||25,924|25,924|
|At 30 April 2023|||297,971|138,366|436,337|
|Depreciation||||||
|At 1 May 2022|||96,907|104,149|201,056|
|Charge for the|year||5,580|5,909|11,489|
|At 30 April 2023|||102,487|110,058|212,545|
|Net book value||||||
|At 30 April 2023|||195,484|28,308|223,792|
|At 30 April 2022|||201,064|8,293|209,357|
|12 Debtors||||||
|||||2023|2022|
|Trade debtors||||34,930|31,454|
|Prepayments||||12,494|9,692|
|Accrued income||||13,479|1,630|
|||||60,903|42,776|
|13Creditors:|amounts|falling due within one year||||
|||||2023|2022|
|Bank loans||||9,327|8,711|
|Trade creditors||||8,473|6,283|
|Other taxation|and social security|||5,959|5,297|
|Other creditors||||1,256||
|Accruals and deferred||income||30,407|31,465|
|||||55,422|51,756|
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|14Creditors: amounts
falling due after|one yea|r||
|---|---|---|---|
|||2023|2022|
|Bank loans||87,523|96,493|
|Included
in the creditors are the following|amounts|due after more than five years:||
|||2023|2022|
|After more than five years by instalments||46,263|57,054|
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|16Commitments
Annual
charges for operating
leases which expire:|||
|---|---|---|
||2023|2022|
|Not later than one year|5,234|6,153|
|Later than one year and not later than five years|1,080|7,018|
||6,314|13,171|
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