COMPANYNUMBER.. 06854334 REGISTERBD CHARITYNUMBBR.. 1129398 EDP (EDUCATIONAL DEVELOPMENT PROJECTS) TRUST (COMPANY LIMITEDB YGUAPANTEE WITHOUTSIL4RECAPLTALI REPORT AND FINANCIAL STATEMENTS FOR THB YBAR ENDED 30 SEPTEMBER2023
EDP (EDUCATIONALDEVELOPMENT PROJEcfs) TRUST tNDEX TO FINANCIAL STATEMENTS FOR THE YEAR BNDED 30 SEpfEMBER 2023 P&geNo. 1- 3 Tnte¢s, Annual Report {in¢luding Dire¢tor8' Report) depemdetti Examiner's Reporl Statement of Fit)ancial Activities (including Income and Expenditute Account) Balance Sh¢ 7- 13 Notes to the Financi&l Statements
DP (EDUCATIONAL DEVELOPMBNf PROJECTS) TRUST TRUSTEES. ANNUAL REPORT (INCLUDING DIRECTORS, REPORD FOR THE YEAR ENDED 30 SEPTEMBER 2023 The tslee8 pre8ent their annual report and financial stalemcnt5 for EDP (Educational Devclopmetst Projcctsl Trust for thc year elided 30 Septcmbcr 2023. Thc trustccf hayc adopted the provisioiis ol lh¢ Statement of Reeonth)ciidcd Practice ISORP} "Accout)ting and Rcporting by CharitiC5" (FRS 1021 in prepariijg the &nnual report and financial sthtemellt5 of Ih¢ chatity. The flnancial staielnents have becn prepared in 8tcordlL llcc Wlth the accounting polieies set out in notes to the accounts and COTnply with th¥ Mimorandum and Arti¢1¢g of Asso¢iation. the Chgrities Act 20L I, Ihe Companies Act 2006 and A¢¢ounting and Reporting by Charities.. Statement of Recommended Pr4LCticc applicablc lo charities prcparing their a¢¢ollnts irt accordan¢e with the Financial Reportinu Stsndard applicable in thc UK and Rcpublic of Ircland published in October 2019. ObJecilve5 dAd1VIN¢S The objocts of the churity are io sdvance any purposes which Hr¢ chArilubl¢ und¢T the laws ofEn&¥land and Wal¢B from lim¢ io time and in parli¢ulJr Ibul withoui limilalionl lo advance cducatiun thiid rclieve poverty for Ihe public benLfit. Irt shaping tlie objeclivcs forthe year and planning Ihecharity's &¢tivilics, Ihe tru¥te&$ referred to the guidanLe contain¢d in the Chariiy Commi58ion'8 ueneral guidance on PLiblic benefit whcn reviewing thc chaTIty'5 aims and objcctives and in p14nDin8 fuwr¢ 4cliviiie8. A¢hieveMeni$ Perftrrmu#¢é Sin¢¢ 2009 th¢ Chkwity h&s foLused on raising funds for Awutu-winlon SHS. a acnior ¥eLondory $Lhool in Ghll. SO km w&ql of A¢¢rg. We started with BD empty block of land. wkich hu8 now been iitlnsfornicd into art impre.1Ve le&fy c11pUS willi o large $SemblY hall. an impressive library. Iwo 8cience laboraiories plus a dtsm¢siic science building and 12 gcncr&l cl&ssTooms. Thruugh a juint venlure signcd wilh Ihe Gharta EduLulivn S¢rvic¢ mogt of our i¢achers ar¥ provided for frc¢, bul CDP direc15 operalions aiid monitor5 Standurds clo$ely. And ¢onliiiues to raise rnoney for new facilities, 8enersl maintenance &nd auxiliary Btaff. The Jchool, which char8es no fee5. aiins to offer a holLStic educatiOTL atid provide first-¢1% am¢niii¢% to promising young8l¢TS froni very impoverished background5, With a sludenl popul4litsth of 500 hnd ¢18ss sizes of l¢ss than 40- way below the avcragc 2n Ghana - student8 ree¢ive more individual llltention. In this way we can increase their eonfidence, broaden their h0ri7x>ns, and ensure that they moke the heEt u8c of the talents they p055e&%. The school has sccn a sreat deal of progress in 2023. Ind our.%porting Dffer ig s¢¢ond lo none within our region. We are vcry lucky to have a won(krful pool donated by the Prin¢¢3s of Monaeo Foundlllion, where we leach not only our own studenls to swim, but Jhlso piipils from Silrrounding junior schoo18. To dale nearly 8,000 youngsters have been taughl Its Swim tht AWSHS. The sporis field is finally complcto and. as well as fooiball, we have $l&rted 10 run classes in rugby, cricket, volleyball and athlctics. For thc tnore creative slud¥nis. tsur new Vi¥uo1 Arts D¢pariment is provin great success. and the nexi pfDject will be 8 Music D¢partm¥nt. Wirtton Educational DeveloJTrment Project Foundation (fornierly known as Awutu Winton Senior Hi8h School) is 8 registered NGO in CJhllna. Since 2013, il has prodllccd and fRled ils own accouiils in Ghana but it 15 answerable to the UK ctwity, which ¢losely sup¢rvis¢s its perfornunce through the Board of Trustees in thr UK and a small team of ¢mploy¢&% in Ghana. ancialReyiew Total ijjcomc and endowment for the year has incrcascd by 8.35Y. (2022- 1.82Y.) and total expendihjrc for the year has dccrc&sed by 8. 12/0 (2022- incrcasc of 8.62Y.). At the ye4r end the lolal unr¢'stricted funds wss £66,64112022 £54,967).
EDP (EDUCATIONAL DEVELOPMENTPROJEcfs) TRUST TRUSTEES. ANNUAL REPORT (INcLuDG DIREcfoRS' REPORT) (Continued) FOR THE YEAR ENDED 30 SEPTEMBER 2023 R¢Jerv8yPollcy The pr¢$enl level of is adequate to sUprt Ihc ¢¢ntinu4tion of the charity foT the medium iem) and the trustees consider the fLDaneial position of the charity to be satisfactory. Prixcipol Funding Sourcei The priThciplll fyndin8 source for the charity is curreThily by way ofdonations. Stru¢lur¢ Gov¢rMN¢¢ andMN8£enl GovernlnKDocumeKI EDP (Educaiional Development Projecis) Tnt is N chari¢able company limitcdby 8uarllniee, in¢orporai¢d on 20March 2009. The compnny ig governed by it8 Memorotthm 8nd Articles of Association. It registered os a charity with ihe Ch8Tity Commiision on 5 May 2009. In the event of th¢ company being wound up. all members present and 12 months pH¥I are requirL¥J io contribute an arnouTht not exceeding £1. Reernlfmeni andAppolnTrmeAi ofmembers Th¢ directors of Ih¢ company aT¢ al80 chrity tNst¢¢J forth¢ purposes of ¢harity law UDd undeT th¢ company'o Ariicl are knoML #s n)embers. Referenc¢ Dei*lls Chority Y¢glstrulion numb¢r.' 1129398 Company resls¢ration uMber.. 06854334 Res&¥¢ered andprinclpal office.. 135 Little Ann Andover Himp$hire SPII 7NW Dircctors Trustees Th¢ Btsdid o(Tiustee5 COttstilule$ dir¢clor$ of the company forthe purpo¥e of company law and tru5tte5 for the purpose of charity law, with thE cxception of NiGholas Robcrtson Hnd Maxwell John Sayers. The trustees serving durin8 the year ind since the ycar-cnd were as follow5.. David Aloxander Lunan Ihez Alice Lunan Nicholas Robcrt%on Maxwell John SHyers (non-directOT) (non41irector) CompanysecJYlary.' Inez Alice Lunan Independenl Exontiner.. B&rcanl B¢aTdon Limited Chartered Accountant5 8 Bla¢ksto¢k Mews Islinglon London N4 2BT
EDP (EDUCATIONAL DEVELOPMEwfpROJECTS) TRUST TRUSTEES. ANNUAL REPORT (INCLUDING DlRicfoRS' REPORT) (Cootinuedl FOR THE YEAR ENDED 30 SEPTEMBBR 2023 Bankei$." HSBC Bonk plc 6 Conimercial Way Wokin8 SuTr¢y GU216EZ remÉKI ofthe TrMsteeJ' R¢sponsibllili¢8 Thc trustets (who. with the exception of Nicholas Rob¢rl$on and MaKwell John Sayers, are also directors of EDP {Educational Dcvelopmont Projects) Trnsl fur th¢ puryose9 of company law) are responsible for preparin¥ th¢ R¢port of the TNslees and financial slatemcnts in accoidartce with applicabl¢ Saw and United Km8dom Accounting Standaids (United Kingdom GenerAlly Accèpted Ac¢ounling Pr8¢ticel. Compitty IE4W TequiT¢3 the lTh$lc¢s to prepare financial 5titem¢nls for each tinunciul y¢8r which give a true And fair vi¢w of the slale of Htyairs of the charitablc company At the balance 5hcei dale and of thc incomits8 resource$ 4nd applicalion of resources, including ift¢om¢ and expenditure of the Chariiable company for the financial year. Jn prepariiig those fin4n¢ial Atltemenls, the ttee8 llre required to.. S¢lKt 8illtoble acLounting policies and then opply th¢m ¢unsislently,' Ob%crve the Methods ond principles Én the Ch#rilies SORP 2019 (FRS 1021: Make judgem¢nls and cstimutes thnl Ar¢ r¢Ason&ble and prudeni., Siote whether 4pplicable UK A¢nI]ng Standards have b¢¢n followed, subject to Dny material departhres dis¢losed ond explained in the fjnancial statement,. ot)d Prepare the fhnan¢ial.812tements on the going ¢oncern buis unlcgs it is inappropriate lo presum¢ that the chaTithble company will continue in operAtion. The truste¢8 are r¢8ponsible for ke¢pin8 ad¢qyate accounting records which distlose with r¢llsonable accuracy Ai Any time the finRnciMI positioii of th¢ ¢haritable comp4ny and enable them to ensure that the finllncial 5t2tem¢nis Comply with the Companics Act 2006, They are alRO responsible for sllfeguarding the assets of the charitable company and h¢n¢e for takirtg mson4ble Step8 for the prevention and detection of fraud ond other irrcgularitics. This report h88 been prcpbred in A0[da¢ with the 8pcci81 provijions relating to small ¢ompanie$ withift Pan 15 of the compani Aet 2006. On behalf of the board. David L Dir¢¢to and TrusteB
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EDP (EDUCATIONAL DEVELOPMENT PROJECTS) TRUST I report to the chlrity trusitts on my exnin8¢10 of the accounts of ih¢ Company for th¢ year ond¢d 30 September 2023. which are set out on pages S to 13. ReSpOlbIllC$ll4 bosix of report As th¢ ¢harity trustees of the company (and also its direclor8 forthB PUTposes of compAny liw) you kre responsible for the preparation of the accounts in accordance witb the requirement5 of the Companics AGt 2006 ("the 2006 AGt"). HAVI satisfied myself that the ac¢oun16 of the compAny are nol required to be auditcd undcr Part 16 of the 2006 Acl And are eli8ible lor it)d¢p¢ndent exomtnation, I report in re8pect of my examination of your cornpany'8 accounts a8 Carried out und¢T s¢¢iion 145 of the Charities Act 2011 ("the 2011 Act"). In caryin8 my oxaminalion I have followed the Direction$ given by Ihe Charity Commissivn under section 145{5Xb) of the 2011 Act. I have completed myexamination. I confirni that no mlltter his eome to my att¢ntion irtconnectionwiththe examitsatioo 8ivin8 me cause to believe that in any material respect.. ounling r¢¢otds were not kept in respect of thc conwthy as required by section 386 of the 2006 Act,. or the accounts do not accord with th05c records., or thc accounts do not comply with thc aLcounting requir¢m¢rtt8 of g¢¢tion 396 of th¢ 2006 Act other than any tequirement that the accounts give A 'tNe and fAir view. which is not a mAtl¢r ¢on8ider¢d as part of an indcpoiJdcnl ¢xaminaiion,' or the o¢Gounts hav¢ not b¢¢n pr¢p&red in A¢¢ordan¢¢ with the m¢thods And Principles of the StAt¢menl of Recommended Practice for accountin8 And reportin8 by charjties applic&ble to chdritjQs prepariTh8 thcir accouDL iTh a¢¢ordBn¢e with th¢ Finan¢iol Reporting Standard &pplic&ble iti the UK and Republic of Ireland (FRS 1021. I have no con¢ernx and have ¢om¢ o¢ros$ no oth¢i malters in ¢onnectioii wilh the examinalion lo which attention should b¢ drhwn in thi8 report in order to ¢nable & proper und¢r8tAnding of thc rLc¢uunl8 lo be Teached. Shu Fen Chung FCCA ACA BARCANT BEARDON LIMITED Chart¢r¢d A¢countanl$ 8 Blackltock Mews Islinglon ndon N4 2BT
EDP{EDUCATIONAL DEVELOPMENT PROJEs) TRUST STATEMENT OF FANCIAL ACllVITtES {INCLUDfNG INCOME AND EXPENDITURE ACCOUNT) FOR YEAR ENDED 30 SEvfEMBER 2023 Nolc8 Restricted Unrestricted Funds Funds Tolal FuTKi$ 2023 Total Funds 2022 Income ond endowm¢iNtsfrom.' DonatlOll5 and legacies Other trdding activilie5 Inveitments 148.950 3,075 198 148,950 3.073 198 140.432 57 Total inconw And endowments 152.223 132,223 1¢10,489 Costs of raising SJnd8 Charitable a¢tivilies 4,738 135.811 4.738 135.811 152,972 Total expenditure 140,549 140,549 152.972 Net IOMe1(¢xp¢nd11tsre) 11,674 l 1,674 (12,483) Tr4llBf¢rs behveen nd8 N¢1 movememi Infyndsfor iheyeor 11,674 11,674 (12,41131 Re¢11(all0 off4nds Tothl funds brought forward 54.967 54,967 67,450 Tolal fvllds canied fonvard 66,641 66,641 54,967 The $tat¢m¢nt of fmgnciMI Mctivities includes all 8aiThs and 1055ex r¢cognised durin8 the year. All income and expenditure derive from ¢ontinuing activitie5.
EDP (EDUCATIONAL DEVELOPMENT PROJEcfs) TRUST BALANCB SHEET AS AT 30 SEPTEMBER 2023 Notes 2023 2022 CHrren¢ A55ets D¢btor5 C$8h Bt bjnk and in h&ttd J2 21.976 52.025 21.187 35.520 74,001 (7,3601 56.707 (1,740) Credi¢or5: amounts falling due within one year 13 Nel CrrelAse1S 66,641 54,967 NeiAsse¢s 66,641 S4,967 Fiinds Unr¢slrict¢d - General ffijnds 15 66,641 54.967 Total fund5 66.641 54,967 Forthe yeareDdin830 September 2023 thecompanyw&8 enlitl¢d to ¢xempiion fromAudit under section 477 Comp1¢$ A¢t 20¢J6 rel&lins lo srnall compotsie$. Directon, responsibilitie8'. Th¢ m¢mber8 havc not requiTed the company io obthin an audit of its a¢c¢)unts for the year in question in aOrdance with Beclion 476., Th¢ directorg acknowledge their responsibililies for ¢omplyin8 Wlth the requirements of the Act with respect to attourttitig record8 and the preparation of &c¢ounts. These financial staiemenls are preped in ac¢ordinc¢ with the sp¢cial provi¥ions of PJtt 15 of the Companies Act 2006 relatLIl8 to Jmall companies. Si8Thed on beh8llof the boatd of trnsteey Inez Alice LuD8n DiTector and TTU8tee I q iQLlk The note8 on page 7 - 13 forni part of these fin&ttcial 8tatem¢nis. Company Regi$tratiQll No. 06854334
EDP (EDUCATIONAL DEVELOPMENT PROJECTS) TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 2.0 AccouNrfA8PolldE5 The princApal •¢wunting policieB adopted, judgetnents and key sourcc8 of estimation un¢crtainty in thc preparation of the financial statements are follows.. 1.1 General information ond bolts ofptrtparation EDP (Educational Developmcnt Projects) Trusi is a ¢ompany limited by gruaranlee and h&8 shAre capitlll. In Ihc cvertt ofthe charity being wound up. the liability ID resp¢¢l of the w14rantce Is limited to £1 per member of the Charity. The rcgi51ered office is 135 Little Ann. Andover, Hampshir¢ SPI17NW The charity ¢onstitut¢s a public benefjt entity Ns defined by FRS 102. Th¢ fin8n¢ial gtatementx have been prepared in a¢¢oidanc¢ with ALcounlingT 2nd Reponing by Charilie8.' Statement of R¢¢omnJ¢nded Pra¢li¢e applicable to charitifys preparing their accounts in o¢¢ordan¢¢ with Ihe Financiul Reporting Standard applicable in the UK and Republi¢ of Ir¢lalld I.[1¢d in October 2019, the Financial Keportin8 Stand2rd applicable in the UK Jnd Republic of Ireland (FRS 102), the Charilie5 Act 2011, th¢ Companies Aci 2006 and UK OeJ)erally Accepted Practice. The financial $t&t¢mentg ore prcpared on a going Concern bJsi8 under the historic eoAI ¢onvenlion. The finllncial Statements aT¢ prepared in sierling, which 18 thc fvnctional ¢urren¢y of thc company. Mon¢tary an)OUnts in these rinancial 51alement8 are rounded to the near¢st £. 1.2 Fund occouFrling Unrestri¥ted furtds arc available for us¢ at th¢ discretion of tho tru5teeB in furtherance of the general obj¢ctiv¢J of the charity and which have not been designated for other puTses. Designated funds are untestricted lld1 eArn)arked by iho Iruslecs for particular purposc5. Restricled fund$ ar¢ subjcei to reslrictions on Ihetr ¢xpendiDJre impo8ed by th¢ donor. 1.3 Ix¢om¢ re¢ognltlo All incomin8 resouTC¢S are ineliided in the StotemeDt of Financial Activities (SOFA) when lh¢ charity is legally eniillcd to tlie income afr¢r any perfLirmance ¢unditions have b¢¢n met, the amgunl Can be measured reliably atKI it is probable that th¢ in¢om¢ will be rceeived. For donalions to be recognised the tharity will have been notificd of the amounts and the s¢ttl¢menl date its writing. If there Are conditions attached to the donatjOD and this require5 a Icvcl of perforinin¢e before ¢nliil¢m¢nt bc obtained. Iheil in¥ome is defeed until ihose conditions are fully met orth¢ fuifilingnt of ihose conditionx 18 Wlthin the ¢ontrol of the charity and il is prob&ble thAt they will bc fulfilled. Incorne from government hnd othBr gTrnts are recoEni$cd #t fair valuc when the charity has ¢ntitlement afier 4ny prrfonnance conditions have been rnet. it is probable that ihc income will b¢ r¢¢¢ived, and the amount can be measured reliably. If entItletnet 18 not met, then these amounts are deferred. Income from trading tsctivities includes incomc ¢Hrned from fundraising ¢vents 4niJ tradiTh8 activitie$ to raise llds for the charity. Inme is received in ex¢liange for supplying goods and seryic¢s iii order to raise funds and is reco8nis¢d wh¢n ¢ntitlem¥ni has occurred. Interest incom¢ is r¢¢ogni%d whcn rcceivable and th¢ amouiht ¢an bE measured r¢liably by the charity- Ihis is nomially upon notification of the interest paid orpayable by th¢ Bank.
EDP (EDUCATIONAL DEVELOPMENT PROJECTS) TEiUST NOTES TO THE FtNANCIAL STATEMBNTS (Continued) FOR THE YEAR ENDED 30 SEPTEMBER 2023 1.4 Expendlltsre recognltlo ExpcDditurc 15 r¢cogni5cd on an accrual basis wher¢ th¢1¢ is a legal or GotruCtiv¢ obligation lo make paymtnis to ihinlpartic%, it isprobablcthat the scttlementwillbe required andthc Amouiit of the obligation caThbe measur¢d reliably. Expenditure is classified under the following headin89'. Costs of raising funds COrnPriSE lh¢ costs inLurred on activitie8 thllt raise funds. Expcnditure on charitable a¢livitie$ comprises Ihose rosts incurrcd by the charity in the d¢liv¢ry of its octivities and ser¥ices. It includes ly)th ¢osl$ th&1 Can bc AlloGar¢d ditectly to such Activiti¢5 and those cosls of an indirect natwe neces5aTy to support thetn. Other expenditure represetlts those items not fallin8 into any otherh¢ading. Irrecoverable VAT is ¢har8ed 08 &n ¢KP¢rts¢ ag&inst tho llctivity for which expenditur¢ Bros¢. J.5 Sttpport cosis ullocatlon Support ¢0818 are thos¢ functions th&t a5S1St ihe work of th¢ charity but do not directly represent charitabl¢ A¢tiviti¢s and inrlude prei]JLSC8 overhouds. offiee, fjnance and 8overnMn¢e costs. They are incurrod diroctly in SUPPOrt of expeDdilure on Ihe objects of Ihc charity. Where support coqts cgniiot be dirertly ottributed to particiilpr headings they have been BllocAled io c051 of raising funds and expendilure on chhrilable Activities on ¥ ba818 ¢on8l$tent with of th¢ resourco5. J,0 Deb¢¢)rs Tr•de and other debtors are recogni8ed Elt the settlcmcnt amount. Pr¢paym¢nt$ are valu¢d at th¢ amount prepaid. 1. 7 Creditors ondproviJioK¥ Creditors attd provisio are Tecogni3¢d wh¢Te the charity ha8 8 pr¥sent obligation resulting from o past event thst will prDb4bly result in the transfer of fvnd8 to 4 third party 4nd the amount due to settle the obligation can b¢ mSUred or tsiimated reliably. creditors and provisions are norni&lly rrcouniMd at theirsetilernent amount. 1.8 Provisdons Provisions are reco8nised when the charity hos an obligation at the balathcc sheet date as & rcsult of a pa81 event. it js Probable that an outflow ofeconomic benefJt3 will be required in settlement and the amount can b¢ relijbly estimated. 1.9 Fr£¢g Cli¢cleS Foreisu currency trllnsll¢lions are initially r¢cogtLl8ed by applying to the for¢ign curr¢n¢y amoutlt th¢ spot exchange rat¢ between ihe fvnclional ¢urrEnGy and the foreign currency at th¢ date of the transaction. Monetary a55¢ts and liabiliti¢i denominatcd in a foTCi8n cUneY at the balance sheet dal¢ OX¢ translaled using the closin8 rate.
EDP (EDUCATIONAL DEVELOPMENTPROJECTS) TRUST NOTES TO THE FtNANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 30 SEFfEMBER 2023 2.0 CriiicalAc¢oMHtingE&limates Jn the appli¢ation of lh¢ ¢harity's ac¢ountjil8 policie5, the trustees are requir¢d to make judgcments, estimates and assumptions about thc carrying amount of assets aTLd liabilities that are not readily fypparcnt from oth¢r sourc¢s. The eStiMe$ associated as8Ltmptions are b%sed on historical experience snd other factor8 Ihat Hre nsidereil io be releyont. Actu41 results may differ from these ¢stimates. The estimates and undeilying 3ssumptions aT¢ reviewed on an ongoin¥ b&si5. Revisions to a¢counting eslim&te¥ are r¢¢ogni5ed in the period in which the estim&t¢ is r¢vi8¢d where th¢ T¢vi$ion affects only that period. or in the period of the revision and fvture periods where the revision aft¢ets both ¢urr¢nt and futurc period8. 3.0 In¢•mtfrom IloRalions ondL*trfcle$ 2023 2022 Gifts Gift Aid tax r¢claims Sundry incom¢ 125.409 22,045 1,496 119,704 20,728 148,950 140,432 J, I Income from donatiott and l¢gocies was £148.930 (2022- £140,4J21 of which £nil (2022- £nil) waE 41tributAble to r¢8tricted and £148,950 (2022 - £140,432) wa8 ultributablg to unreslricte(I funds. 4.0 In¢omelrom O¢her TrAdlnzAclivlrf¢J Unre8tTiCted 2023 Unr¢stricted 2022 Fundr8iSiDB events 3,075 5.fl Im¢om6from Ihveslm¢ft Unrestricted 2023 UTwe5tyi¢ted 2022 IntereJi- other 198 57 O Expendlture RoiJinz Fmrtds Unr¢stricted 2023 Unrestricted 2022 Other fundraising costs 4,738
BDP (EDUCATIONAL DEVELOPMENT PROJECTS) TRUST NOTES TO THE FfNANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 30 SEMBER 2023 7.0 Anrtlysly ofExpeNditure Ch&rli•bleAclivilies Charithble Activities 2023 Activit1¢8 undertaken directly 2023 Support costs (Jovernance Costs Total 2023 2023 2023 Don&tions Its Winton Education D¢v¢lopm¢nt Project Foundation School supplies and maintenanc Travel coxis Support costs Goycrnance I25,10 642 7,872 125,000 642 7,872 317 1,980 317 1.980 133.514 317 1,980 135.811 7.1 Charitabl¢ Activities 2022 Activities IIDd¢n&ken dir¢ctly 2022 Support Governance ¢ost& Tol81 C05t8 2022 2022 2022 Donations to Winlon Educatiots Development Project Foundation School Bupplies &nd maint¢nin¢e TrAv¢I ¢05ts Supporl cost8 Governance 142,800 1,412 6,728 142,81X) 1,412 6,728 292 1,740 292 1,740 150,940 292 1,740 152,972 7.2 Of the £135,811 exp¢nditur¢ in 2023 {2022 - £152,972), £nil (2022 - £nil) waB attributable to restricted fimds and £135.811 {2022- £152,972) w*s attiibutsble to unT¢$lri¢ted funds. &0 AnAlysls ofsupport GoverMaNce Costs Support Governan¢o costs Totsl 2023 TotHI 2022 Office Finanr¢ &Thd professional Accountancy 122 195 122 195 1.980 122 170 1,740 1,980 317 1,980 2,297 2.032 io
EDP (EDUCATIONAL DEVELOPMENT PROJEcfsJTRUST NOTES TO THE FfNANCIAL STATEMENTS {Continuedl FOR THE YEAR ENDED 30 SEPTEMBER 2023 Sl.0 NetJn¢omol(ExpethrfilMrÉ)for the Yeor 2023 2022 Thi.T is siiil¢d ojler L'liargiiig/(credIlin.. A¢¢ounlancy Aiid oilier fe Ind¢pottd¢nt examination 990 990 870 870 10.0 rrMN¢¢Rt*llévuilo 4ndExpens¢s ND truste¢g received any remuncration during the yeor (2022 - none). Travel and subsisl¢ncr ¢08ts amounting 10 £1,883 (2022 - £1,861) were puid by Iho charily for three members of th¢ Board of Tru51¢¢8. No trustee or other p¢rson related to the charity had any per8ong1 interest itt &Thy contract or trBnsaction entered into by the charily durin8 the year12022- none). JJ.8 T&Y4¢10 BDP IEifuclllional Developrt)eiJl Projeci81 Thsi is ¢onsid¢r¢d lo pas5 the lest8 set out in Para8Nph I, Schedulo 6 of the IlintsiJc¢ Act 2010 fjnd Ih¥r¢for¢ it meots th¢ definition of a charitable company for UK corporalion tox purpose& Accordiiigly, th¢ ¢harily 1.8 POlenliAlly exempt fn)m laxation in ro$pect of inwmo or capital gnins recciv¢d withiii cal¢gorie8 ¢ov¢r¢d by Chap1 3. Part I l of Ilie Corporfytiun Tox Aci 2010 or Scclion 256 of the TaxHlion of Charg¢oble G4ins Act 1992, 10 Ihe extcnt Ihr¢t $ucli inconie OT ¥ains are applied exclusively to ¢haTitNble putpoBes. 12.8 Debior 2023 2022 Prepaymonis Other debior8 402 20,785 21,976 21,976 21,187 13.0 Cr¢rfilors..Amoullts Falling Due Iyiihln One YeAr 2023 2022 Arcrualg Defcrred income 1,860 5.5(M) 1,740 7.360 1,740 140 Delerre41ncoMe Deferred inrne comprises of monie8 received in advan¢¢ toward8 an evejit in Junr 2024. Tota] Amouut def¢rred in year 5,500 BalanGe as At 30 S¢ptember2023 5,500 li
EDP (EDUCATIONAL DEVELOPMENT PROJEcfs) TRUST NOTES TO THE NNANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 30 SEyfEMBER 2023 15.0 Analysis of Charilable Uni¥sirictedFuwls- Currenr Year B41an¢e lort 2022 Incoming Resource5 Ou¢goiThg Resource9 Tran$feTS Balance 30 Sep 2023 GeNeral fuDds 54.967 152,223 {140.5491 66,641 Unreslrl¢iedFund$-Prevlow Y¢ar Blllance l Oct2021 Incoming R¢gOUTC¢8 Outgoing Resource8 Transfers Balance 30 Sep 2022 G¢neral Trd8 67,450 140.489 (152,972) 54,967 Ndme oJunrexlrleiedfuNd General fvnd8 DaTcrlptlOll. I14lure andprpo,Ie.Y oliheftsnd The'freé reserves" after 411owin8 for &ny designated funds. I&0 AKoly¥ls ofNe¢Ass¢ts belw¢en F4nds- C4rr¢nt Yur RestTicled Funds 2023 Unre¥tricied Funds 2023 Totsl 2023 Ca¥h in bank and in hd Other n¢t current asgel81(liobilitie8) 52.025 14,616 52.025 14,616 66,641 66,641 olNE¢AsJets befv¢eN FuMds-PMylowJ Year R¢$lric*d Fund8 2022 Unr¢stri¢l Fun 2022 Total 2022 Cayh in bank and ITh hand Oiher nel cutTCllt $$gefW(liabiliti¢s) 35,520 19.447 35.520 19,447 54.967 54.967 12
EDP (EDUCATIONAL DEVELOPMENT PROJECTS) TRUST NOTES TO THE FINANCIAL STATEMENfs (Continued) FOR THE YBAR ENDED 30 SEPTEMBER 2023 17.0 RdoiedP4rty As part of the charity's activity, funds were remitted to Winton Educational Dcv¢lopm¢nt Project Foundation and thi5 ¢xpendituYe is incorporated the statent of Financi&l Activities. One tn]5tee of thc charity is also a member of the Executive Council for Winton Educhtional D¢velopment Project FoundAtLOn. Aside from trustee rtmun¢r8tion and expen3¢5 disc105ed in note 10. three members12022- thTee membets) of th¢ Boanl of TN3t¢¢8 and their c105e families donated £78,060 (2022- £97.300) to the charity durittg the year. 13