2023-04-30-accounts - Love The One

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					Page
Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report to the		trustees
Statement offinancial activities	(including		income	and
expenditure account)					10
Statement offinancial position
Statement ofcash flows					12
Notes to the financial statements

Registered		charity	name	name	Love The One
Charity registration			number		1131615
Company	registration			number	06881893
Principal office and oÃice			registered		5Amethyst Close Rainworth
					Mansfield
					Notts
					NG21 OGH
The trustees
					Dr M A Cusack
					N Woodcock	(Resigned	7th November 2023)
					Dr C L Morris
					Mr SJ Maxey	(Resigned	28th June 2023)
					Mr TJ Murphy
					Mr W Munton	(Resigned	12th October 2023)
					Dr T Dodd
					Ms C E Carr
Company	secretary				Rachael Higgins
Independent		examiner			Mr A R R Price FCA
					On behalf ofA R R Price Limited
					17Newstead Grove
					NOTTINGHAM
					NG14GZ

		Ye	ar ende	d 30th April	2023
					2023		2022
				Unrestricted	Restricted
			Note	funds f	funds 5	Total funds 8	Total funds 6
Income and endowments
Donations and legacies			5	634,747	202,143	836,890	466,341
Charitable activities			6	1,978		1,978
Investment income			7	543		543	138
Other income			8	1,300		1,300
Total income				638,568	202,143	840,711	466,479
Expenditure Expenditure on charitable		activities	9	566,975	211,154	778,129	562,376
Total expenditure				566,975	211,154	778,129	562,376
Net income/(expenditure)				71,593	(9,011)	62,582	(95,897)
Transfers between	funds			30,989	(30,989)
Net movement in	funds			102,582	(40,000)	62,582	(95,897)
Reconciliation of	funds
Total funds brought	forward			143,293	40,000	183,293	279,190
Total funds carried forward				245,875		245,875	183,293

	Year end	ed 30th April 2023
			2023	2022
			p
Cash flows from operating	activities
Net income/(expenditure)			62,582	(95,897)
Adjustments for:
Depreciation oftangible fixed assets			44,766	35,234
Other interest receivable and	similar income		(543)	(138)
Interest payable and similar charges			495
Gains on disposal oftangible	fixed assets		(1,300)
Changesin:
Trade and other debtors			(9,930)	5,930
Trade and other creditors			1,354	10,490
Cash generated from operations			97,424	(44,381)
Interest paid			(495)
Interest received			543	138
Net cash from/(used in) operating actiwties			97,472	(44,243)
Cash flows from investing	activities
Purchase oftangible assets			(53,013)	(56,609)
Proceeds on sale oftangible	fixed assets		1,300
Net cash used in investing activities			(51,713)	(56,609)
Net increase/(decrease) in	cash and cash	equivalents	45,759	(100,852)
Cash and cash equivalents	at beginning	ofyear	102,213	203,065
Cash and cash equivalents	at end ofyear		147,972	102,213

The liability ofthe members in th (2022:8) Donations and legacies	e event ofa winding up is limited to	F10.There a	re 8 members
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	6		6
Donations
Donations	589,616	197,143	786,759
Gift Aid	45,131	5,000	50,131
	634,747	202,143	836,890
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	F	F	6
Donations
Donations	418,888		418,888
Gift Aid	47,453		47,453
	466,341		466,341

11.	Net income/(expenditure)
	Net income/(expenditure)	is stated after charging/(crediting):
						2023 f	2022
	Depreciation oftangible	fixed	assets			44,766	35,234
	Gains on disposal oftangible		fixed assets			(1,300)
	Foreign exchange differences					3,706	3,461
12.	Independent examination fees
						2023	2022
						8	F
	Fees payable to the independent Independent examination ofthe			examiner for: financial statements		1,675	1,400
13.	Staffcosts
	Total staff costs:
						2023	2022
						8
	Salaries					80,000	23,264
	Overseas living allowances						16,876
	Pension contributions -	defined		contribution	scheme	3,200	1,600