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2022-01-31-accounts

Pages
Trustees'
Annual
Report		 2to3
Independent
Examiner's		 Report 4to4
Statement of Financial Activities 5to5
Summary
Income and Expenditure		 Account 6to6
Balance Sheet 7to 7
Statement ofCash flows Bto8
Notes to the Accounts Bto15
Detailed Statement ofFinanrial Activities 16to 17

Unrestricted
funds Total funds Total funds
2022 202? 2021
E S E
Income and endowments
from:
Donations
and legacies		 (1) (1)
Charitable
activities		 29,689 29,689 15,297
Other 2,260
Total 29,688 29,688 17,557
Expenditure on:
Other 24,064 24,064 22,996
24,064 24,064 22,99B
Net gains on investments
Net income/(expenditme) 5624 5624 (5439)
Transfers between
funds
Net income/(eapenditure)
before other galas/Ilossm)		 5,624 5,B24 (5,439)
Other gains and losses
Net movement
in funds		 5,824 5,624 (5,439)
ReconciTiation offuncb:
Total funds brought
forward		 (5,400) (5,400] 39
Total funds carried forward 224 224 (5,400)
2822 2621
t
Income 29,688 17,557
Qmss income for the year 29,688 17,557
Expenditure 24,064 22,181
Depreciation and charges for
impairment offixed assets 815
Total expenditure forthe year 24,064 22,996
Net income/(expenditure) before tax
forthe year 5,624 (5,439)
Net income /(expenditure )forthe year 5,624 (5,439)
)teston Islah ttd
gatence Sheet
at 31January 2622
Company No. 06480515 2021
6
Fixed assets
Tangible assets 10
Current assets
Cash at bank and in hand 11,998 10,897
11,998 10,89/
Creditors
Amount		 falling due within one year 11 (6,049) (10,572)
Net current assets 5,949 325
Total assets fess cunont liabgities 5,949 325
gredgors: Amounts falling due after more than one year . ')2 (5,725) (5,725)
Net assets/(liabgities) excluding pension asset orliability 224 (5,400)
Totat net assets/giabilities) 224 (5,400)
The funds ofIhe charity
Restricted funds 13
Unrestricted
funds		 13
General funds 224 (5,400)
224 (5,400)
Reserves 13
Total funds 224 (5,400)
2921
8
Cash Sows from operathsg acqviTies
Net income/(expenditure) per
talemenl		 ofFinandal Activities 5,624 (5,439)
Adjustments
fon
Increase/(Decrease)
in trade and other		 payables 27 (607)
Net cash provided
by/(used		 in) operating activities 5,651 (7,492)
Net cash from investing
activities		 2,260
Net cash from Snancing activities 5,725
Nel increase in cods and cash equivalents 5,651 493
Cash and cash equivalents at the beginning ofthe year 10,897 10,404
Cash and cash equivalents atthe end ofthe year 16,548 10,897
Components
ofcash and cash equivalents
Cash and bank balances 11,998 10,897
11,998 10,897

Republic ofIreland (FRS102)and the Companies
Act 2006.		 Republic ofIreland (FRS102)and the Companies
Act 2006.
Change in basis ofaccounting
ortoprevious accounts
There has been no change tothe accounting
polis(es (valuation
rules and method ofaccounting)		 since
last year and no changes have been made toaccounts for previous years,
Fund accounting
Unrestricted
funds		 These are available for use at the discretion ofthe trustees in furtherance of the
general ob)acts ofthe charity.
Designated
funds		 These are unrestricted
funds earmarked
by the trustees		 for particular purposes.
Revaluation
funds		 These are unrestricted
funds which include a revaluation		 reserve representing the
restatement
of investment
assets at their market values.
Restricted funds These are available for use subJect to restrictions
imposed		 by the donor or through
terms ofan appeal.
Income
Recognition of Income is inc(uded
in the Statement of Financial Activities		 (SoFA) when the charity
incorre becomes entitled to, and virtually
certain to receive, the		 Income and the amount of
the income can be measured
vdth sufficient reliability.
Income with related Where income has related expenditure
the income and		 related expenditure is
expenditure reported gross in the SoFA.
Donations
and		 Voluntary
income received byway ofgrants, donations		 and gifts is included in the
legacies the SoFA when receivable
and
only when the Charity has		 unconditional
entitlement
tothe income.
Tax reclaims on Income from tax reclaims
is included
in the SoFAat the		 same time as the
donations
and giRs		 gift/donatlori
towhich it relates.
Donated services These are only included
in income (with an equivalent
amount
in expenditure)
and facilities where the benefit tothe Charity
is reasonably
quantifiable,		 measurable and
material,
Volunteer
help		 The value ofany volunteer
help received Is not included		 in the accounts.
investment
income		 This Is included
Inthe accounts when receivable.
Gams/(losses)
on		 This includes any gain or lass resulting
fram revaluing
investments
to market		 value
revaluation
offixed		 at the end ofthe year.
assets
Gains/(losses)
on		 This includes any gain or loss on the sale ofinvestments.
investment
assets
Expenditure
Recognition of Expenditure
is recognised on an accruals basis. Expenditure
includes any VAT which
expenditure cannot be fully recovered,
and isreported
as part ofthe expenditure
to which it
relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising
raising funds trading costs and investment
management
costs.
Expenditure on These comprise the costs incurred
by the Charity in the delivery of its activities and
charitable
activities		 services in the furtherance
of its objects, including		 the making ofgrants and
governance
costs.
Grants payable Ag grant expenditure
is accounted
for on an actual		 paid basis plus a'n accrual For
grants that have been approved
by the trustees at		 the end of the year but not yet
paid
Governance costs These include those costs associated with meeting the COnstitutional
and statutory
requirements
ofthe Charity,
including
any audit/independent		 examination
fees,
costs linked to the strategic management
ofthe Charity, together with a share of
other administration
costs.
Other expenditure These are support costs not agocated to a particular
activity.

3 Statemen t ofF ins ncird Activities
-prior yaw
Unrestricted
funds Total funds
2021 2021
Income and endowments from:
Charitable activities 15,297 15,297
Other 2,260 2,260
Totai 17,557 17,557
Expenrgture on:
Other 22,996 22,996
22,996 22,996
(5,439) (5,439)
Net income before other
gafnrl(losses) (5,439) (5,439)
Other gains and tosses:
Net movement in funds (5,439) (5,439)
ftoconciTiation offunrh:
Total funds brought forward 39 39
Tatal funds canted forward (5,409) (5,400)
4 Income fram donations and legacies
Unrestrkted Total Total
2022 2021
E E
(l)
(1) (1)
5 Income fram chart(able activities
Unreshicted Total Total
2022 2021
E E E
Voluntary Income —donation 29,689 29,689 15,297
29,689 29,689 15,297
6 Other income
Total Total
2022 2021
E
2,260
2,260
7 Other expend iture
Un stricted Tobd Totai
2022 2021
6 E
Employee costs 11,225 11,225 8,493
Motor and travel costs 510 510
Premises
costs		 11,919 11,919 13,072
Arnortisation, depreciation,
impairment,
profit/loss		 on 815
disposal offixed assets
General administrative costs 410 410 486
Legal and professional rosts 130
24,064 24,064 22,996
8 Net income/(expenditure) before transfers
2022 2021
This isstated after charging: 8 f
Depreciation ofowned lixed assets 815
9 Staff costs
2022 2021
Salaries and wages 11,080 8,397
Pension costs 145 96
11,225 8,493
No employee received emoluments in excess of E60,000.
10 Tantflbte Axed assets
Plant h
Total
machinery
Coat orrevaluation
At 1 February 2021 3,709 3,709
At 31January 2022 3,709 3,709
Depreciation and
impairment
At 1 February 2021 3,709 3,709
At 31January 2022 3,709 3,709
Net book values
At 31January 2022
At 31January 2021

amounts falling due within one year falling due within one year
2922 2621
2
Other taxes and soc(al security 1,080 1,018
Other creditors 369 404
Accruals 4,600 9,150
6,049 10,572
12 Creditonn
amounts falling due after more than one year
2621
2
Other loans 5,725 5,725
5,725 5,725
'!3 Movesnent in funds
Incoming
At 31
At 1 (includhsg
other		 )anuary
2022
Febsusay gains/losses
2021 )
6
Unrestricted funds:
General funds (5,400) 29,686 (24,064) 224
Total funds (5,400) 29,688 (24,064) 224
14 Analysh of net assets between funds
Unrestricted Restricted 'Total
funds funds
f 2
hlet current assets (6,049) 11,998 5,949
Creditors
provisions		 due in more than one year and (5,725) (5,725)
(8,049) 6,273 224
15 Raconcgiatton ofnet Raconcgiatton ofnet debt
A(1 At 31
February )ann ary
2021 Cash flows 2022
E E
Cash and cash equivalents 10,897 '),101 11,998
10,897 1,101 11,998
Horrowings (5,725) (5,725)
(5,725) (5,725)
Met debt 5,172 1,101 6,273
16 Conanitsnents
tease~is
Annual commitments under non-cancellable operating leases are as follows:
2M2 2022 2021 2021
iandend land and
buiklings buildings
E E
Operating leases with expiry date:
Pans)orr curnrnlbnenbr
2022 2021
E E
The pension cost charge to the company
amounted to: 96
17 Mated party disclosures
Controgrng party
IJnrestricted
funds Total funds Total funds
2022 2022 2021
E E E
Income and endowments from:
Donations
and legacies
(1) (1)
(1) (1)
Charitable
activities
Voluntary
income - donation		 29,689 29,689 15,297
29,669 29,689 15,297
Other
2,260
2,260
Total Income and endowments 29,688 29,688 17,557
Expenditure on:
Employee costs
Salaries/wages ')1,080 11,080 6,397
Pension costs 145 145 96
11,225 11,225 8,493
Motor and travel costs
Travel and subsistence 510 510
510 510
Premises costs
Rent 9,'l00 9,100 9,100
Rates 1,188 1,188 811
Light, heat and power 804 804 1,914
Premises insurances 827 827 796
Premises repairs and
maintenance 451
11,919 11,919 13,072
General administrative costs,
)ncluding depreciation and
amortisation
. Depreciation
of Plant
machinery		 8 815
SORware,
ITsupport		 and related
costs
Telephone,
fax and broadband		 4')0 410
410 410 1,301
Legal and professional costs
Other legal and professional
costs		 130
130

Hoxton Isfah Ltd Hoxton Isfah Ltd
Detalad Statement ofFinancial Actiivities
Tule lofexpenditure
ofother costs		 24,064 24,064 22,996
Total expenditme 24,064 24,064 22,996
Net gains on investments
Net income/(expenditure) 5,624 5,624 (5,439)
Net income/(expenditure)
other gains/()cases)		 before 5,624 5,624 (5,439)
Other Gains
Net movement
in funds		 5,624 5,624 (5.439)
fteconcgiation offunds:
Total funds brought forward (5,400) (5,400) 39
Total funch carried forward 224 224 (5,400)