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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 06800071 (England and Wales) REGISTERED CHARITY NUMBER: 1132448

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2023

for Get Hooked on Fishing

Haines Watts Chartered Accountants 17 Queens Lane Newcastle upon Tyne Tyne and Wear NE1 1RN

Get Hooked on Fishing

Contents of the Financial Statements for the Year Ended 31 March 2023

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 16
Detailed Statement of Financial Activities 17

Get Hooked on Fishing

Report of the Trustees for the Year Ended 31 March 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

WHAT WE DO:

The purposes of the charity are set out in its Articles of Association and are to:

o provide facilities for all aspects of angling; o ensure these facilities are accessible to those who have a need by reason of their age, gender, ethnicity, social circumstances or economic circumstances;

o improve the condition of life of the users;

o reduce the incidence of crime and anti-social behaviour within communities.

The Board of Trustees have had due regard to the Charity Commission's 'Public Benefit Guidance, 2013', PB1, 2 and 3. This influences decision-making regarding:

o the way in which people benefit from our charitable purposes;

o the people who will benefit from our charitable activities;

o the way in which risks are identified, minimised and managed.

GHoF is heavily reliant on voluntary help and all the GHoF Projects encourage volunteers, angling and non-angling, to participate in a range of roles; helping as coaches for example.

The main focus of the charity is on supporting young people, and others, who are at risk of social exclusion. It seeks to achieve positive personal development through the medium of angling to the advantage of the individual client and wider community. A key tenet of the ethos of GHoF teaching is to instil the ability to mentor and help others as well as a respect for the natural environment. Young people act as volunteers - as peer mentors supporting other young people new to GHoF.

GHoF also works with other groups to enable them to access the health and well-being benefits of fishing and the environment.

The charity relies on grants and awards from charitable trusts, community funds, etc. plus donations and income from fees and charges to cover its operating costs. Our charitable activities are provided free of charge to our beneficiaries and our charging policy reflects our commitment to be inclusive and accessible.

HOW WE DO IT:

Our activities, which are based on programmes designed to strengthen personal and social skills, have had a profound and long-term effect on both participants and their communities across the UK. GHoF can demonstrate that if a structured and supportive initiative is created around a fun and accessible activity, then key personal skills and attributes can be developed successfully and, more importantly, sustained. GHoF is able to cite many instances where young people from a broad range of backgrounds have become GHoF Peer Mentors, gained qualifications, apprenticeships and employment and then seized opportunities to contribute to their local communities.

The strategies employed to achieve our objectives have been to:

o maintain the core charity and our current regional GHoF projects across the UK; o increase the number of GHoF projects and GHoF Associates as and when funding allows;

o increase the number of angling and non-angling volunteers;

o work with carefully selected partners who share our goals and ambitions;

o seek funding from a broad range of sources;

o employ a range of fundraising and fund-saving strategies;

o provide a range of flexible opportunities to enable people to access the well-documented benefits of angling.

Volunteers

GHoF is heavily reliant on voluntary help and all the GHoF Projects encourage volunteers, angling and non-angling, to participate in a range of roles, helping as coaches, for example. Young people act as volunteers - as peer mentors supporting other young people new to GHoF. Volunteers are not required to undertake a DBS or PVG check and the risk is managed accordingly.

Page 1

Get Hooked on Fishing

Report of the Trustees for the Year Ended 31 March 2023

ACHIEVEMENT AND PERFORMANCE WHAT WE HAVE ACHIEVED DURING 2022/23:

During what has been an extremely challenging year, the charity has maintained its core support to its projects operating in Scotland, Tyneside, Teeside, County Durham, Cheshire, Staffordshire, Shropshire, Warwickshire, Worcestershire and Ealing.

GHoF has continued to strengthen its partnerships with a range of carefully chosen partners. These have included the Environment Agency, the Angling Trust, the National Lottery Community Fund, Mayor of London, the angling trade, local authorities, community groups, charitable trusts, and national, regional and local media.

During 2022/23, we were able to:

GHoF is looking forward to focusing on three main areas of activity in 2023/24:

Social Inclusion:

The charity’s core work focuses on using angling as the vehicle to improve young people’s personal and social skills and to help them access the well-documented benefits of angling. Although this mainly involves working with groups of young people in blocks of six weeks, we have continued to deliver one-to-one and small group programmes as well. These have included work experience opportunities and Duke of Edinburgh Bronze Skills Award sessions.

We continue to receive positive feedback from both representatives of the organisations we work with and our beneficiaries. They report that our courses and programmes help them to learn new skills and knowledge, feel more confident and calmer, meet and work with new people, feel proud of what they achieve and provide them with a diversionary activity, away from negative influences.

Family Fishing:

During 2022/23 we have steadily increased the number of Family Fishing community days and accessed funding from the Angling Trust and Hubbub to run a ‘Treasure your River’ anti-litter campaign. We have collaborated with partners and other charities to enable participants to access advice regarding mental health and well-being and also financial health and well-being.

Have a go! Sessions:

During 2022/23 we have been able to gradually increase the number of sessions delivered for individuals, families and community groups.

WHAT DIFFERENCE WE HAVE MADE:

Many of the children and young people we have engaged with over the last year are known to have the following additional needs:

o ADHD medicated (Attention Deficit Hyperactive Disorder)

o EBSD (Emotional Behavioural Social Difficulties)

o Young carers

From the data collected we have evidence of positive outcomes for children and young people in the following areas:

  1. Develop Angling Skill and Participation

  2. Personal Development - Educational

  3. Personal Development - Accessing Employment

  4. Personal Development - Improving Leadership

  5. Personal Development - Avoiding crime and anti-social behaviour

  6. Personal Development - Volunteering

  7. Personal Development - Health and Well-being

  8. Developing Facilities

  9. Informal and accredited GHoF Programmes, Awards and Qualifications

Page 2

Get Hooked on Fishing

Report of the Trustees for the Year Ended 31 March 2023

This year, the charity has worked with the Centre for Youth Impact and has successfully maintained the ‘Project Oracle Standard 1’ for our evaluation processes. We have also been recognised and promoted by the Angling Trust as a ‘Get Fishing for Well-being’ authorised provider and accessed ‘Get Fishing’ funding.

FINANCIAL REVIEW

The charity has continued to benefit from financial support from the Environment Agency via the National Angling Strategic Services (NASS2) contract with Angling Trust, Sport England's Tackling Inequalities Fund via the Angling Trust and the Mayor of London's Sport Unites Fund. We continue to engage the services of a professional fund-seeker as and when appropriate.

GHoF has continued to implement its 'Fund-raising, Fund-seeking and Fund-saving Strategy' across the core charity and its projects. The Board of Trustees has agreed that it is a priority to increase the charity's unrestricted reserves to aid growth and increase impact. As part of the charity's strategic collaboration with the Angling Trust it is anticipated that a number of fund-saving opportunities will be explored. At the year ended 31 March 2023 unrestricted reserves totalled £56,356 ( 2022 - £56,356).

Reserves policy

The Trustees have examined the charity's requirements in terms of reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed held by the charity should be between three and six months of expenditure. The reserves are needed to meet the working capital requirements of the charity and the Trustees are confident that at this level they would be able to continue the current activities of the charity in the event of a significant drop in funding.

OUR PLANS FOR THE FUTURE:

During 2022/23 GHoF plans to:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, the Articles of Association, and constitutes an incorporated charity, company number 06800071. These are available for inspection on the website www.ghof.org.uk

Recruitment and appointment of new trustees

A Trustee may be appointed or discharged by a resolution of a meeting of the Trustees. The First Trustees are not required to retire from office on expiry of their first Term (three years) and their trusteeship automatically continues for a second Term. Trustees appointed subsequently are required to retire from office on expiry of the Term (three years). A Trustee may offer himself for re-election but the maximum length of service of any Trustee is three terms (nine years).

The qualities found in all the trustees are dedication to the pursuit of the objectives of the charity, and to angling. Within the board there is a depth of experience in business, law, the angling trade, education, the criminal justice system, angling media and fishery management. The Trustees also represent the regional make-up of the charity with trustees' resident in England, Scotland and Wales.

Organisational structure

The Trustees of Get Hooked on Fishing meet at least four times a year and are responsible for the strategic direction and policy of the charity. The day-to-day management of the charity is the responsibility of the CEO, Sarah Collins.

Induction and training of new trustees

Most trustees are already familiar with the practical work of the charity and are made aware of the operational framework of the charity as well as being provided with Get Hooked on Fishing's 'Our Vision' document. Trustees are encouraged to actively support their local GHoF Project and the core charity at national, regional and local events and delivery.

Page 3

Get Hooked on Fishing

Report of the Trustees for the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management

The trustees have a risk management strategy which comprises:

This work has identified that financial sustainability is the major financial risk for the charitable company. A key element in the management of financial risk is a regular review of available liquid funds to settle debts as they fall due, regular liaison with the bank, and active management of debtor and creditor balances to ensure sufficient working capital by the charitable company.

Attention has also been focussed on non-financial risks from fire, health and safety and management. These risks are managed by ensuring accreditation is up to date, having robust policies in place, and regular awareness training for staff in operational areas.

Staff

Members of Staff are selected because of their skills at working with young people. Their hard work and commitment is one of the keys to our success. In England, all staff have successfully undergone Disclosure and Barring Service (DBS) checks and in Scotland Protecting Vulnerable Groups (PVG) checks. As angling coaches, hold a current licence issued via the relevant national governing body.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

06800071 (England and Wales)

Registered Charity number 1132448

Registered office

The Old Police Station Wharncliffe Road Ilkeston Derbyshire DE7 5GF

Trustees

Mr K Arthur Mr R Morley Mr R Teale Mr N Botherway Mr C C Copeland

Registered Scottish Charity Number:

SCO40038 (Scotland)

Chief Executive Officer:

Sarah Collins

Independent Examiner

Haines Watts Chartered Accountants 17 Queens Lane Newcastle upon Tyne Tyne and Wear NE1 1RN

Bankers

Barclays Bank plc 193 High Street Northallerton North Yorkshire DL7 8LJ

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Report of the Trustees for the Year Ended 31 March 2023

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

31[st] January 2024

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.............................................................. Mr K Arthur - Trustee

Page 5

Get Hooked on Fishing

Independent Examiner's Report to the Trustees for the Year Ended 31 March 2023

Independent examiner's report to the trustees of Get Hooked on Fishing ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Haines Watts 17 Queens Lane Newcastle upon Tyne Tyne and Wear NE1 1RN 02 February 2024 Date: .............................................

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Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2023

2023
Unrestricted
Restricted
Total
fund
funds
funds
Notes
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
96,429
35,547
131,976
Charitable activities
Introduction to the sport of Angling
2,770
-
2,770
Investment income
4
128
-
128
Total
99,327
35,547
134,874
EXPENDITURE ON
Charitable activities
Introduction to the sport of Angling
89,407
84,450
173,857
NET (EXPENDITURE)/INCOME
9,920
( 48,903 )
( 38,983 )
Transfers
( 41,082 )
41,082
-

Net Movement in funds ( 31,162 ) ( 7,821 ) ( 38,983 )

RECONCILIATION OF FUNDS
Total funds brought forward
56,356
18,623
74,979
TOTAL FUNDS CARRIED FORWARD
25,194
10,802
35,996		 2022
Total
funds
£
149,618
5,465
45
155,128
187,039
( 31,911 )
-
( 31,911)
106,890
74,979

The notes form part of these financial statements

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Get Hooked on Fishing

Balance Sheet 31 March 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
10
-
CURRENT ASSETS
Debtors
11
1,186
Cash at bank
27,868
29,054
CREDITORS
Amounts falling due within one year
12
(3,860)
NET CURRENT ASSETS
25,194
NET ASSETS
25,194
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
1,114
2,092
7,596
9,688
-
9,688
10,802		 2023
Total
funds
£
1,114
3,278
35,464
38,742
(3,860)
34,882
35,996
25,194
10,802
35,996		 2022
Total
funds
£
1,311
5,449
74,245
79,694
(6,026)
73,668
74,979
56,356
18,623
74,979

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on

31[st] January 2024

............................................. and were signed on its behalf by:

............................................. Mr K Arthur - Trustee

............................................. Mr N Botherway - Trustee

continued...

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Get Hooked on Fishing

Notes to the Financial Statements for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Get Hooked on Fishing is a company limited by guarantee, incorporated in England and Wales. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. The company's registered number and registered office address can be found in the Report of the Trustees.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements are presented in Sterling £ and rounded to the nearest £.

Going concern

The trustees have reviewed the results after the year end along with forecasts and cash flow projections which show a consistent position that will be sufficient to enable the trustees to reasonably conclude that the charitable company will be able to continue to meet its liabilities as they fall due for the foreseeable future. Consequently, the trustees continue to believe the going concern basis of accounting is appropriate in preparing these financial statements.

Income

All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Income from grants, including capital grants, are included within incoming resources when communication has been received in writing of both the amount and the period to which they relate. In the event that the grant was received in advance of the period to which it relates, the grant is therefore deferred and included within creditors. When the grants are for a particular restricted purpose, this income is included in incoming resources of restricted funds when receivable.

Income earned from providing angling services is recognised when the amount of income can be measured reliably and when it is probable that future economic benefits will flow to the entity. The charitable company recognises this income once goods or services have been sold, and are stated net of trade discounts and value added tax.

Income from management fees and views are recognised when receivable and can be measured reliably by the charity.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Donated services and facilities

Donated service or facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of the economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of the receipt.

Expenditure and irrecoverable vat

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Allocation of support and governance costs

Support costs have been differentiated between governance and other support costs. Governance costs comprise all costs involving the public accountability of the charitable company and its compliance with regulation and good practice. These costs include costs related to independent examination, salaries and other general overheads.

continued...

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Get Hooked on Fishing

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Allocation and apportionment of costs

All costs are allocated between the expenditure categories of the Statement of Financial Activities a basis designed to reflect the use of the resource. All costs have been allocated to the charitable company's sole charitable activity.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 15% on reducing balance Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost less depreciation.

Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the statement of financial activities.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in the statement of financial activities.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. The charity has no liability beyond making its contributions and paying across the deductions for the employee's contributions.

Employee benefits

Short term employee benefits are recognised as an expense in the period in which they are incurred.

Financial instruments

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charitable company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.

continued...

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Notes to the Financial Statements - continued for the Year Ended 31 March 2023

3. DONATIONS AND LEGACIES

3. DONATIONS AND LEGACIES
2023 2022
£ £
Donations 37,097 48,389
Grants 20,879 27,229
Donated services and facilities 40,000 40,000
Angling Trust Coaching Bursary 34,000 34,000
131,976 149,618
Included in donated services and facilities were:
2023 2022
£ £
Rent 40,000 40,000
Grants received, included in the above, are as follows:
2023 2022
£ £
Royal Three Counties 650 -
Westminster Drug Project 1,110 -
JRS Scheme 3,343 -
Young Londoners Fund 4,344 4,344
Sport England Together Fund 10,800 -
Malvern Special Families 200 -
Communities First Foundation 432 -
Insights - 4,816
National Lottery Community Fund - 10,000
Environment Agency - 8,069
20,879 27,229
The charity benefits greatly from the involvement and enthusiastic support of its volunteers, details of which are
given in the trustee's report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic
contribution of general volunteers is not recognised in the accounts.
4. INVESTMENT INCOME
Deposit account interest
5.
SUPPORT COSTS
Management
£
Introduction to the sport of Angling
3,661
Support costs, included in the above, are as follows:
Insurance
Sundries
Equipment
Website
Depreciation of tangible assets
Bank charges
Accountancy and legal fees		 2023
2022
£
£
128
45
Governance
Finance
costs
Totals
£
£
£
266
3,700
7,627
2023
2022
Total
Total
activities
activities
£
£
1,513
1,573
1,053
535
-
8,481
227
102
197
231
266
283
4,371
8,904
7,627
20,109

continued...

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Notes to the Financial Statements - continued

for the Year Ended 31 March 2023

6. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£ £
Depreciation - owned assets 197 231
Independent examination 3,700 3,700

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

8. STAFF COSTS

STAFF COSTS
Wages and salaries
Social security costs
Other pension costs		 2023
£
107,764
3,880
1,688
113,332		 2022
£
109,856
4,692
1,688
116,236

The average monthly number of employees during the year was as follows:

Chief Executive
Introduction to the sport of angling		 2023
1
5
6		 2022
1
5
6

No employees received emoluments in excess of £60,000.

Pension costs are allocated to the charitable activities along with the restricted and unrestricted funds in proportion to the related staffing costs incurred.

The charitable company does not operate any pension scheme for its employees but does administer contributions to a money purchase pension scheme for 5 (2022 - 6) employees. The charity makes £1,688 (2022 - £1,688) of contributions to this scheme.

The total remuneration of key management included in wages including gross salaries, employers national insurance and other benefits was £37,276 (2022: £37,132).

continued...

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Notes to the Financial Statements - continued for the Year Ended 31 March 2023

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
fund
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
88,389
61,229
Charitable activities
Introduction to the sport of Angling
5,465
-
Investment income
4
45
-
Total
93,899
61,229
EXPENDITURE ON
Charitable activities
Introduction to the sport of Angling
100,579
86,460
NET (EXPENDITURE)/INCOME
( 6,680 )
( 25,231 )
Transfers
( 16,221 )
16,221

Net Movement in funds ( 22,901 ) ( 9,010 )
RECONCILIATION OF FUNDS
Total funds brought forward
79,257
27,633
TOTAL FUNDS CARRIED FORWARD
56,356
18,623
10.
TANGIBLE FIXED ASSETS
Plant
machinery
£
COST
At 1 April 2022 and 31 March 2023
5,200
Disposals
5,200
DEPRECIATION
At 1 April 2022
3,889
Charge for the year
197
At 31 March 2023
4,086
NET BOOK VALUE
At 31 March 2023
1,114
At 31 March 2022
1,311
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors		 2022
Total
funds
£
149,618
5,465
45
155,128
187,039
( 31,911 )
-

( 31,911 )
106,890
74,979
Totals
£
5,200
5,200
3,889
197
4,086
1,114
1,311
2023
£
2,092
1,186
3,278		 2021
Total
funds
£
251,817
4,773
21
256,611
185,043
71,568
-
71,568
35,322
106,890
2022
£
4,344
1,105
5,449

continued...

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Notes to the Financial Statements - continued for the Year Ended 31 March 2023

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Social security and other taxes
Accrued expenses		 2023
£
-
3,860
3,860		 2022
£
2,191
3,835
6,026

continued...

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Notes to the Financial Statements - continued for the Year Ended 31 March 2023

16. STATEMENT IN FUNDS

For the year ended 31 March 2023
Unrestricted fund
General fund
Total unrestricted funds
Restricted funds
Tyneside
Lincolnshire
Scotland
Earling
Shropshire
Total restricted funds
Total funds		 At
1 April
2022
£
56,356
_
56,356
_
-
1,510
-
17,113
-
_
18,623
_
74,979
_		 At
31 March
Income Expenditure Transfers
2023
£
£
£
£
93,899
( 89,407 ) ( 41,082 )
25,194
_
_
_
_
93,899
( 89,407 ) ( 41,082 )
25,194
_
_
_
_
5,247
( 2,717 )
-
2,530
-
-
-
1,510
900
( 19,712 )
18,812
-
17,370
( 27,721 )
-
6,762
12,030
( 34,300 )
22,270
-
_
_
_
_
35,547
( 84,450)
41,082
10,802
_
_
_
_
134,874 ( 173,857 )
-
35,996
_
_
_
_

continued...

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Notes to the Financial Statements - continued for the Year Ended 31 March 2023

17. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

For the year ended 31 March 2022
Unrestricted fund
General fund
Total unrestricted funds
Restricted funds
Tyneside
Lincolnshire
Scotland
Earling
Shropshire
Total restricted funds
Total funds		 At
1 April
2021
£
79,257
_
79,257
_
309
1,510
( 4,971 )
37,686
( 6,901 )
_
27,633
_
106,890
_		 At
31 March
Income Expenditure Transfers
2022
£
£
£
£
93,899
( 100,579 ) ( 16,221 )
56,356
_
_
_
_
93,899
( 100,579 ) ( 16,221 )
56,356
_
_
_
_
1,500
( 2,722 )
913
-
-
-
-
1,510
19,069
( 19,851 )
5,753
-
9,160
( 29,733 )
-
17,113
31,500
( 34,154 )
9,555
-
_
_
_
_
61,229
( 86,460 )
16,221
18,623
_
_
_
_
155,128 ( 187,039)
-
74,979
_
_
_
_

Shropshire/Bolton/Scotland/Ealing/Teesside/Tyneside/Walthamstow/Lincolnshire

These funds are distinguished by location to introduce disadvantaged young people to angling as a sport.

Transfers

Funds have been transferred from unrestricted to restricted in order to fund activities where the grant income has yet to be received.

18. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

19. OPERATING LEASE COMMITTMENTS

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years		 2023
£
2,872
6,051
_
8,923
_		 2022
£
2,872
8,923
_
11,795
_

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Get Hooked on Fishing

Detailed Statement of Financial Activities for the Year Ended 31 March 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Donated services and facilities
Management fee
Angling Trust Coaching Bursary
Investment income
Deposit account interest
Charitable activities
Angling services
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rent
Travelling and subsistence
Motoring costs
Plant and machinery
Sundries
Support costs
Management
Insurance
Sundries
Equipment
Website
Finance
Bank charges
Governance costs
Accountancy and legal fees
Total resources expended
Net income		 2023
£
37,097
20,879
40,000
-
34,000
131,976
128
2,770
134,874
107,764
3,880
1,688
40,000
-
7,247
197
5,454
166,230
1,513
1,921
-
227
3,661
266
3,700
173,857
(38,983)		 2022
£
48,389
27,229
40,000
-
34,000
149,618
45
5,465
155,128
109,856
4,640
1,688
40,000
1,007
9,739
231
-
167,161
1,573
535
8,481
102
10,691
283
8,904
187,039
(31,911)

This page does not form part of the statutory financial statements

Page 17