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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||||||
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|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|||
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|||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|
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|||||30th April 202|3|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||||||Note||6|
|Fixed assets||||||||
|Tangible
fixed assets|||||15|100,664|92,417|
|Current assets||||||||
|Debtors|||||16|12,733|2,803|
|Cash at bank|and|in|hand|||147,972|102,213|
|||||||160,705|105,016|
|Creditors: amounts|||falling|due within one year|17|15,494|14,140|
|Net current|assets|||||145,211|90,876|
|Total assets|less|current||liabilities||245,875|183,293|
|Net assets||||||245,875|183,293|
|Funds ofthe charity||||||||
|Restricted
funds|||||||40,000|
|Unrestricted|funds|||||245,875|143,293|
|Total charity|funds||||18|245,875|183,293|
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||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|
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|ver the useful economic
life|ofthat asset as follo|ws:|
|---|---|---|
|Fixtures and fittings|15%straight|line|
|Motor vehicles|20% straight|line|
|Equipment|33%straight|line|
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|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|
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|6.|Charitable|activities|activities|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2023|Funds|2022
f|
||Contributions||from interns|||1,978|1,978|||
|7.|Investment|income||||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds
F|2023
F|Funds|2022
f|
||Bank interest||receivable|||543|543|138|138|
|8.|Other income|||||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds
F|2023
f|Funds
f|2022
F|
||Gain on disposal oftangible||||fixed|||||
||assets held|for charity's||own|use|1,300|1,300|||
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|9.|Expenditure
on|Expenditure
on|charitable|activities|activities|by fund type||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2023|
||||||||F|F|6|
||Early Paediatric||Interventional||Care Centres||144,574|19,760|164,334|
||Love the|One School|||||49,726|183,555|233,281|
||Childrens|Centre|||||46,523|4,103|50,626|
||Clinic||||||92,310|3,736|96,046|
||Covid-19 Pandemic|||||||||
||Childrens|Home|||||5,578||5,578|
||PKD School||||||21,340||21,340|
||Patients|Home|||||4,884||4,884|
||Support|costs|||||202,040||202,040|
||||||||566,975|211,154|778,129|
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds
f|Funds
E|2022
F|
||Early Paediatric||Interventional||Care Centres||106,865||106,865|
||Love the|One School|||||131,645||131,645|
||Childrens|Centre|||||30,409||30,409|
||Clinic||||||119,228||119,228|
||Covid-19 Pandemic||||||37,111||37,111|
||Childrens|Home||||||||
||PKD School|||||||||
||Patients|Home||||||||
||Support|costs|||||137,118||137,118|
||||||||562,376||562,376|
##
|||||Total 2023|Total 2022|
|---|---|---|---|---|---|
|||||F||
|Staff costs||||101,392|68,096|
|Premises||||49,804|10,759|
|Communications|||and IT|9,211|857|
|General|office|||11,789|39,107|
|Finance|costs|||23,968|13,438|
|Governance||costs||5,876|4,861|
|||||202,040|137,118|
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|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|
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|are|as|follows:|||
|---|---|---|---|---|
||||2023|2022|
|||||F-|
|Dr|M|Cusack|41,600|20,870|
|Dr|C|Morris|41,600|20,870|
##
|15.|Tangible fixed assets|||||
|---|---|---|---|---|---|
|||Fixtures and|Motor|||
|||fittings|vehicles|Equipment|Total|
|||F|E|F||
||Cost|||||
||At 1st May 2022|14,512|149,306|14,422|178,240|
||Additions|6,669|38,288|8,056|53,013|
||Disposals||(13,816)||(13,816)|
||At 30th April 2023|21,181|173,778|22,478|217,437|
||Depreciation|||||
||At 1st May 2022|8,627|70,828|6,368|85,823|
||Charge for the year|3,177|34,759|6,830|44,766|
||Disposals||(13,816)||(13,816)|
||At 30th April 2023|11,804|91,771|13,198|116,773|
||Carrying
amount|||||
||At 30th April 2023|9,377|82,007|9,280|100,664|
||At 30th April 2022|5,885|78,478|8,054|92,417|
|16.|Debtors|||||
|||||2023|2022|
||Other debtors|||12,733|2,803|
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|Creditors: amo|unts
f|alling due within one year|||
|---|---|---|---|---|
||||2023|2022|
||||8||
|Accruals and deferred||income|1,620|2,646|
|Social security|and other taxes||8,792|6,140|
|Other creditors|||5,082|5,354|
||||15,494|14,140|
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||||At||||At|
|---|---|---|---|---|---|---|---|
||||01.05.2022|Income|Expenditure|Transfers|30.04.2023|
||||6|5||F|F|
|General funds|||143,293|638,568|(566,975)|30,989|245,875|
||||At||||At|
||||01.05.2021|Income|Expenditure|Transfers|30.04.2022|
||||F|E|F|E||
|General funds|||239,190|466,479|(562,376)||143,293|
|Restricted|funds|||||||
||||At||||At|
||||01.05.2022|Income|Expenditure|Transfers|30.04.2023|
||||E|F|E|F|F|
|EPIC Centres||||19,760|(19,760)|||
|Purchase|ofAmbulance|||20,000|(3,736)|(16,264)||
|Adoption|Costs Jesse|||4,103|(4,103)|||
|New building||set up and||||||
|operating|costs||40,000|158,280|(183,555)|(14,725)||
||||40,000|202,143|(211,154)|(30,989)||
||||At||||At|
||||01.05.2021|Income|Expenditure|Transfers|30.04.2022|
||||||F||5|
|EPIC Centres||||||||
|Purchase|ofAmbulance|||||||
|New building||set up and||||||
|operating|costs||40,000||||40,000|
||||40,000||||40,000|
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|19.|Analysis|of net a|sse|ts between funds||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2023|
||||||E|8||
||Tangible|fixed assets|||100,664||100,664|
||Current|assets|||160,705||160,705|
||Creditors less than||1|year|(15,494)||(15,494)|
||Net assets||||245,875||245,875|
||||||Unrestricted|Restdcted|Total Funds|
||||||Funds|Funds|2022|
||||||F.|F|F|
||Tangible|fixed assets|||92,417||92,417|
||Current assets||||65,016|40,000|105,016|
||Creditors|less than|1|year|(14,140)||(14,140)|
||Net assets||||143,293|40,000|183,293|
|20.|Analysis|ofchanges||in net debt||||
||||||At||At|
||||||1 May 2022|Cash flows|30Apr 2023|
||||||8|8|8|
||Cash at|bank and|in|hand|102,213|45,759|147,972|
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