| Contents | Page | |||
|---|---|---|---|---|
| Reference and administrative | details ofthe Company, | its Trustees and advisers | ||
| Trustees' Report | 2 —5 | |||
| Independent Auditor's |
Report | 6-8 | ||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | |||
| Cash Flow Statement | ||||
| Notes tothe Financial | Statements | 12—20 |
| Trustees | A Boparan (Chairman) | A Boparan (Chairman) | ||||
|---|---|---|---|---|---|---|
| 8 Boparan | ||||||
| K Macdonald | Porter | |||||
| Company | registered | number | 06852304 | |||
| Charity registered | number | 1129992 | ||||
| Registered | office | Colmore Court 9 | ||||
| Colmore Row | ||||||
| Birmingham 832' |
||||||
| IndependentAuditors | Haines Watts | Birmingham | LLP | |||
| 5-6Greenfield | Crescent | |||||
| Edgbaston | ||||||
| Birmingham | ||||||
| 8153BE | ||||||
| Bankers | Bank ofScotland | |||||
| 55Temple Row Birmingham | ||||||
| B25IS |
| Total | Total | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | E | E | ||
| INCOME FROM | ||||
| Donations and legacies |
566,283 | 107,003 | ||
| Trading activities | 27,761 | 46,278 | ||
| Investments | ||||
| TOTAL INCOME | 594,044 | 153,281 | ||
| EXPENDITURE ON | ||||
| Raising funds | 16,161 | 5,393 | ||
| Charitable activities |
474,573 | 580,368 | ||
| TOTAL EXPENDITURE | 490,734 | 585,761 | ||
| NET INCOME/(EXPENDITURE) | 103,310 | (432,480) | ||
| Transfers between |
funds | |||
| NET MOVEMENT | IN FUNDS | 103,310 | (432,480/ | |
| FUNDS BROUGHT | FORWARD | 14 | 1,372,244 | 1,804,724 |
| FUNDS CARRIED FORWARD | 14 | 1,475,554 | 1,372,244 |
| Total | Total | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | E | E | ||
| CURRENT ASSETS | ||||
| Debtors | 12 | 2411786 | 4,600 | |
| Bank and cash | 1,628,729 | 1,738,625 | ||
| 1,870,515 | 1,743,225 | |||
| CURRENT LIABILITIES | ||||
| Creditors | 13 | (394,961) | (370,981) | |
| NET CURRENT ASSETS | 1,475,554 | 1,372,244 | ||
| TOTAL ASSETS LESSCURRENT | ||||
| LIABILITIES | 1.475,5 4 | 1,372,244 | ||
| FUNDS | ||||
| Unrestricted | funds | 14 | 1,475,554 | 1,372,244 |
| 1.475.554 | 1372.244 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | E | E | ||
| CASH FLOW FROM OPERATING ACTIVITIES: | ||||
| Cash generated from operations |
18 | (109,896) | (353,832) | |
| NET CASH GENERATED BY/(USED IN) OPERATING ACTIVITIES | (109,896) | (353,832) | ||
| CASH FLOW FROM INVESTING ACTIVITIES: | ||||
| Interest received | ||||
| NET CASH USED IN INVESTING ACTIVITIES | ||||
| CHANGE IN CASH AND CASH EQUIVALENTS | IN THE | |||
| REPORTING PERIOD | (109,896) - | (353,832) | ||
| CASH AND CASH EQUIVALENTS AT THE BEGINNING OF | ||||
| THE REPORTING PERIOD | 1,738,625 | 2,092,457 | ||
| CASH AND CASH EQUIVALENTS AT THE END | OFTHE | |||
| REPORTING PERIOD | 1,628,729 | 1,738,625 |
| DONATIONS AND LEGACIES |
Total | Total | |
|---|---|---|---|
| 2022 | 2021 | ||
| E | E | ||
| Donation from Boparan Events Limited | in relation to the | ||
| Bright Star Ball | 549,536 | ||
| Other donations | 16,747 | 107,003 | |
| 666.163 | 167663 |
| 4 | OTHER TRADING ACTIVITES | Total | Total |
|---|---|---|---|
| 2022 | 2021 | ||
| E | |||
| Gift Aid | 363 | 1,039 | |
| GAVE | 5,344 | 14,091 | |
| Fundraising events |
|||
| Project Iceman | 12,404 | ||
| Shopping and Christmas |
806 | 293 | |
| Quiz/raffle | 2 | 361 | |
| Virtual races | 376 | ||
| Family fund raising | 72 | ||
| In memory | 1,950 | ||
| Sales and site fund aising | 90 | 140 | |
| Golf | 2,782 | 1,532 | |
| Road to Olympics | 9,581 | ||
| Ladies Lunch | 40 | 5,574 | |
| Abseil | 8,577 | ||
| London Marathon | 3,771 | 2,692 | |
| Football tournament | 1,164 | 8,577 | |
| Trike challenge | 654 | 2,692 | |
| Sky dive | 18 | ||
| Tap to donate | 63 | ||
| Collections | 260 | ||
| 27,761 | 57,547 | ||
| The income from trading activities was aII unrestricted. | |||
| 5 | EXPENDITURE ON RAISING FUNDS | Total | Total |
| 2022 | 2021 | ||
| E | E | ||
| Bright star ball | 12,437 | ||
| London marathon | 280 | ||
| Abseil | 2,273 | ||
| Ladies Lunch | 1,942 | ||
| Road to Olympis | 360 | ||
| Project Iceman | 2,284 | 539 | |
| Other | 1,440 | ||
| 5,393 |
| ANALYSIS OF GRANTS | |||||
|---|---|---|---|---|---|
| Total | Total | ||||
| 2022 | 2021 | ||||
| 6 | E | ||||
| General household | 44 | 472 | |||
| Household appliances |
8,191 | 14,119 | |||
| Household furniture |
269 | 1,021 | |||
| Treatments | 39,458 | 56,987 | |||
| Food parcels and food vouchers | 14,224 | ||||
| Sensory items | 18,154 | 27,726 | |||
| Disability aids | 227,214 | 318,792 | |||
| Occupational | 10,424 | ||||
| Physical | 7,634 | ||||
| Speech and language | 23,421 | ||||
| Other | 5,903 | 4,999 | |||
| 340,712 | 438,340 | ||||
| CHARITABLE ACTIVITIES | |||||
| Total | Total | ||||
| 2022 | 2021 | ||||
| 6 | 6 | ||||
| Grants (see note 6) | 340,712 | 438,340 | |||
| Support and governance | (see note 8) | 133,861 | 99,516 | ||
| Community projects |
42,510 | ||||
| 474,573 | 580,366 | ||||
| SUPPORT COSTS | |||||
| General | Total | Tote I | |||
| support | Governance | 2022 | 2021 | ||
| E | F. | E | E | ||
| Staff costs | 85,219 | 85,219 | 82,325 | ||
| Marketing costs |
1,179 | 1,179 | 235 | ||
| Insurance | 4,376 | 4,376 | 5,356 | ||
| Bank charges | 51 | 51 | 25 | ||
| Employee expenses | 3,275 | 3,275 | 860 | ||
| Books and training | 5 | 5 | 1,085 | ||
| Vehicle costs | 360 | ||||
| Audit fee | 10,890 | 10,890 | 9,250 | ||
| Legal and professional | 28,866 | 28,866 | 20 | ||
| 94,105 | 39,756 | 133,861 | 99,516 |
| STAFF C | OSTS | |||
|---|---|---|---|---|
| Total | Total | |||
| 2022 | 2021 | |||
| f | f | |||
| Gross wages | 79,110 | 75,980 | ||
| National | insurance | costs | 3,763 | 4,062 |
| Pension | costs | 2,346 | 2,283 | |
| 85,219 | 82,325 |
| NET INC | OME/(EXPENDITU | RE) | ||
|---|---|---|---|---|
| Total | Tota I | |||
| 2022 | 2021 | |||
| Net income/(expenditure) | is stated after charging/(crediting): | f | f | |
| Auditors | remuneration | 10,090 | 9150 |
| 12 | DEBTORS | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f | E | |||||
| Trade debtors | 239,850 | 4,600 | ||||
| Other debtors | 1,936 | |||||
| 241,786 | 4.6OO | |||||
| 13 | CREDITORS | |||||
| 2022 | 2021 | |||||
| E | f | |||||
| Trade creditors | 46,873 | 20,196 | ||||
| Accruals and deferred | income | 348,088 | 350,785 | |||
| 394,961 | 370,981 | |||||
| 14 | FUNDS | |||||
| Balance 31 | Balance 31 | |||||
| Current period: | December | December | ||||
| 2021 | Income | Expenditure | 2022 | |||
| E | f | f | f | |||
| General funds | 1,372,244 | 594,044 | (490,734) | 1,475,554 | ||
| Prior period: | Balance 31 | Balance 31 | ||||
| December | December | |||||
| 2020 | Income | Expenditure | 2021 | |||
| f | f | f | f | |||
| General funds | 1,804,724 | 153,281 | (585,761) | 1,372,244 |
| NET ASSETS BYFUNDS | ||||
|---|---|---|---|---|
| Unrestricted | ||||
| Current period - 31December 2022 | funds F. |
Total funds f |
||
| Current assets | 1,870,515 | 1,870,515 | ||
| Creditors due within one year | (394,961) | (394,961) | ||
| 1,475,554 | 1,475,554 | |||
| Prior period - 31December | 2021 | Unrestricted | ||
| funds | Total funds | |||
| f | ||||
| Current assets | 1,743,225 | 1,743,225 | ||
| Creditors due within one year | (370,981) | (370,981) | ||
| 1,372,244 | 1,372,244 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | E | |||
| Net income/(expenditure) | forthe year | 103,310 | (432,480) | |
| (Increase) | in debtors | (237,186) | (4,425) | |
| Increase in | creditors | 23,980 | 83,073 | |
| (109,896) | (353,832) |