| Pages | |||||
|---|---|---|---|---|---|
| Trustees' annual report (incorporating the |
director's | report) | 1 to 3 | ||
| Independent examiner's report |
to the trustees | ||||
| Statement offinancial |
activities | (including | income and | ||
| expenditure account) |
|||||
| Statement of tinancial |
position | 6 to 7 | |||
| Notes to the financial | statements | 8to18 | |||
| The following pages |
do not form part ofthe financial statements | ||||
| Detailed statement of |
financial | activities | 20to 21 | ||
| Notes to the detailed | statement | offinancial | activities | 22to 23 |
| Registered | Registered | charity | name | name | Flame Trust Limited | ||
|---|---|---|---|---|---|---|---|
| Charity registration | number | 1134374 | |||||
| Company | registration | number | 06778011 | ||||
| Principal | office and | registered | 24 Robert Street | ||||
| office | Lower Gornal | ||||||
| Dudley | |||||||
| West Midlands | |||||||
| DY3 2AY | |||||||
| The trustees | |||||||
| Mr I Frith |
|||||||
| Mr D Allen | |||||||
| Mr M J Smith | |||||||
| Independent | examiner | Mr A A BGrainger | FCA | ||||
| Grifflths and Pegg Chartered |
Accountants | ||||||
| 3 Hagley Court South | |||||||
| Waterfront East |
|||||||
| Level Street | |||||||
| Brierley Hill |
|||||||
| VVest Midlands | |||||||
| DY5 1XE |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | 8 | 6 | f | ||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 83,874 | 83,874 | 38,073 | |||
| Charitable activities |
6 | 65,488 | 65,488 | ||||
| Investment income |
7 | 6715 | 6,715 | 6,688 | |||
| Other income | 8 | 9,035 | 9,035 | 12,060 | |||
| Total Income | 165,112 | 165,112 | 56,821 | ||||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Investment management |
costs | 9 | 833 | 833 | 444 | ||
| Expenditure on charitable |
activities | 10,11 | 127,048 | 594 | 127,642 | 84,496 | |
| Other expenditure | 13 | 571 | |||||
| Total expenditure | 127,881 | 594 | 128,475 | 85,511 | |||
| Net gains on investments | 14 | (45,000) | (45,000) | (5,000) | |||
| Net income/(expenditure) | and net | ||||||
| movement in funds |
82,231 | (594) | 81,637 | (23,690) | |||
| Reconciliation offunds |
|||||||
| Total funds brought forwai |
d | 350,183 | 89,325 | 439,508 | 463,198 | ||
| Total funds carried forward | 432,414 | 88,731 | 521,145 | 439,508 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 2 | ||||||
| Fixed assets | |||||||
| Tangible fixed assets | 20 | 182 | 242 | ||||
| Investments | 21 | 225,000 | 180,000 | ||||
| 225,182 | 180,242 | ||||||
| Current assets | |||||||
| Debtors | 22 | 6,491 | 7,821 | ||||
| Cash at bank | and | In | hand | 294,731 | 261,304 | ||
| 301,222 | 269,125 | ||||||
| Creditors: amounts | falling due within one year | 24 | (5,259) | (9,859) | |||
| Net current | assets | 295,963 | 259,266 | ||||
| Net assets | 521,145 | 439,508 | |||||
| Funds ofthe charity | |||||||
| Restricted funds |
88,731 | 89,325 | |||||
| Unrestricted | funds | 432,414 | 350,183 | ||||
| Total charity | funds | 26 | 521,145 | 439,508 |
| Donations and lega |
cies | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds f |
2022 f |
Funds f |
2021 f. |
|||
| Donations | ||||||
| General Fund |
23,647 | 23,647 | 9,787 | 9,787 | ||
| Dave Pope Support | Fund | 41,363 | 41,363 | 25,488 | 25,488 | |
| Special Projects Fund | 2,870 | 2,870 | 2,798 | 2,798 | ||
| Project and Event Development | Fund | 4,237 | 4,237 | |||
| Legacies | ||||||
| General Funds |
3,757 | 3,757 | ||||
| Dave Pope Support | Fund | 4,000 | 4,000 | |||
| Special Projects Fund | 4,000 | 4,000 | ||||
| 83,874 | 83,874 | 38,073 | 38,073 |
| 6. | Charitable |
activities | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| F | f | |||||
| Project and | Event Management | |||||
| Income | 65,488 | 65,488 | ||||
| 7. | Investment | Income |
| 7. | Investment Income |
||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds f |
2022 f |
Funds f |
2021 f |
||
| Rent received | 6,660 | 6,660 | 6,450 | 6,450 | |
| Bank interest receivable | 55 | 55 | 238 | 238 | |
| 6,715 | 6,715 | 6,688 | 6,688 | ||
| 8. | Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| f | F | f | |||
| CJRS | 9,035 | 9,035 | 11,570 | 11,570 | |
| Sundry income | 490 | 490 | |||
| 9,035 | 9,035 | 12,060 | 12,060 |
| Investment manage |
ment |
costs | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| E | 6 | 5 | ||||||
| Investment property |
management | |||||||
| costs | 833 | 833 | 444 | |||||
| Expenditure on charitable |
activities | by fund type | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| E | f | 6 | ||||||
| General Funds |
11,402 | 11,402 | ||||||
| Travel Bursary Fund | 2,098 | 2,098 | ||||||
| Dave Pope Support | Fund | 27,738 | 27,738 | |||||
| Special Projects Fund | 66 | 66 | ||||||
| Event and Project Development | fund | 53,871 | 53,871 | |||||
| Chaplaincy Fund Support costs |
31,873 | 594 | 594 31,873 |
|||||
| 127,048 | 594 | 127,642 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2021 | ||||||
| F | 5 | |||||||
| General Funds |
20,411 | 20,411 | ||||||
| Travel Bursary Fund |
712 | 712 | ||||||
| Dave Pope Support | Fund | 26,982 | 26,982 | |||||
| Special Projects Fund | ||||||||
| Event and Project Development | fund | 242 | 242 | |||||
| Chaplaincy Fund Support costs |
35,149 | 1,000 | 1,000 35,149 |
|||||
| 83,496 | 1,000 | 84,496 | ||||||
| Expenditure on charitable |
activities | by activity | type | |||||
| Activities | ||||||||
| undertaken | Support | Total funds | Total fund | |||||
| directly | costs | 2022 | 2021 | |||||
| 5 | 5 | 6 | ||||||
| General Funds |
11,402 | 25,349 | 36,751 | 38,874 | ||||
| Travel Bursary Fund |
2,098 | 2,098 | 712 | |||||
| Dave Pope Support Fund Special Projects Fund |
27,738 66 |
1,412 2,040 |
29/150 2,106 |
28,541 11,876 |
||||
| Event and Project Development | fund | 53,871 | 63,871 | 242 | ||||
| Chaplaincy Fund |
594 | 594 | 1,000 | |||||
| Governance costs |
3,072 | 3,072 | 3,251 | |||||
| 95,769 | 31,873 | 127,642 | 84,496 |
| 12. | Analysis ofs |
u | p | po | rt co | sts | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Special | |||||||||||||||
| General | Dave | Pope | Projects | ||||||||||||
| Funds | Support | Fund | Funds f |
Total 2022 | Total 2021 | ||||||||||
| Staff costs | 19,988 | 19,988 | 11,336 | ||||||||||||
| Premises | 1,800 | ||||||||||||||
| Communications | and IT | 625 | 603 | 1,228 | 1,537 | ||||||||||
| General office |
4,475 | 809 | 40 | 5,324 | 5,112 | ||||||||||
| Governance costs |
3,073 | 3,073 | 3,251 | ||||||||||||
| Depreciation | 60 | 60 | 128 | ||||||||||||
| Donations | 200 | 2,000 | 2,200 | 11,985 | |||||||||||
| 28,421 | 1,412 | 2,040 | 31,873 | 35,149 | |||||||||||
| 13. | Other expenditure | ||||||||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||||||
| Funds | 2022 f |
Funds F |
2021 | ||||||||||||
| Loss on disposal | of tangible | fixed | |||||||||||||
| assets held for | charity's | own | use | 571 | 571 | ||||||||||
| 14. | Net gains on | investments | |||||||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||||||
| Funds | 2022 | Funds | 2021 | ||||||||||||
| F | F | f | |||||||||||||
| Gains/(losses) | on | investment | property | 45,000 | 45,000 | 5,000 | 5,000 | ||||||||
| 15. | Net income/(expenditure) | ||||||||||||||
| Net income/(expenditure) | is | stated | after | charging/(crediting): | |||||||||||
| 2022 | 2021 | ||||||||||||||
| F | |||||||||||||||
| Depreciation | of | tangible | fixed assets | 60 | 128 | ||||||||||
| Loss on disposal | oftangible | fixed | assets | 571 | |||||||||||
| 16. | Independent | examination | fees | ||||||||||||
| 2022 | 2021 | ||||||||||||||
| 'E | F | ||||||||||||||
| Fees payable | to | the independent | examiner for: | ||||||||||||
| Independent | examination | ofthe | financial | statements | 3,000 | 3,178 | |||||||||
| Other financial | services | 72 | 73 | ||||||||||||
| 3,072 | 3,251 |
| Tangible fixed assets | ||
|---|---|---|
| Equipment | Total | |
| Cost | ||
| At 1st April 2021 | 4,772 | 4,772 |
| Disposals | (170) | (170) |
| At 31st March 2022 | 4,502 | 4,602 |
| Depreciation | ||
| At 1st April 2021 | 4,530 | 4,530 |
| Charge for the year | 60 | 60 |
| Dieposals | (170) | (170) |
| At 31st March 2022 | 4,420 | 4,420 |
| Carrying amount |
||
| At 31stMarch 2022 | 182 | 182 |
| At 31st March 2021 | 242 | 242 |
| Investments | |
|---|---|
| Investment | |
| properties | |
| Cost or valuation | |
| At 1st April 2021 | 180,000 |
| Additions | |
| Fair value movements | 45,000 |
| At 31st March 2022 | 225,000 |
| Impairment | |
| At 1stApril 2021 and 31st March 2022 | |
| Carrying amount |
|
| At 31st March 2022 | 225,000 |
| At 31st March 2021 | 180,000 |
| 2022 | 2021 |
|---|---|
| 6,491 | 7,821 |
| Creditors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Trade creditors | 61 | 544 | |
| Accruals and deferred | income | 3,120 | 6,647 |
| Social security and other taxes | 1,956 | 2,546 | |
| Other creditors | 122 | 122 | |
| 5,259 | 9,859 |
| Analysis ofc |
Analysis ofc |
haritab | le | funds | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||||
| At 1 Apr | Gains and | At 31 Mar | |||||||
| 2021 | Income | Expenditure | Transfers | losses | 2022 | ||||
| 2 | 8 | F | |||||||
| General | Fund | 231,750 | 43,154 | (40,656) | 19,943 | 45,000 | 299,191 | ||
| imoth T y |
Fund | 10,310 | 10,310 | ||||||
| Bursary | and | ||||||||
| Travel Fund | 13,569 | (2,098) | 1,805 | 13,276 | |||||
| Thai Hardship | |||||||||
| Fund | 1,144 | 1,144 | |||||||
| Dave Pope | |||||||||
| Support | Fund | 82,143 | 45,363 | (29,150) | (4,136) | 94,220 | |||
| Special | Projects | ||||||||
| Fund | 4,509 | 6,870 | (2,106) | 9,273 | |||||
| Events and | |||||||||
| Project | |||||||||
| Development | |||||||||
| Fund | 6,758 | 69,725 | (53,871) | (17,612) | 5,000 | ||||
| 350,183 | 165,112 | (127,881) | 45,000 | 432,414 | |||||
| At | 1 Apr | Gains and | At 31 Mar | ||||||
| 2020 | Income | Expenditure | Transfers | losses | 2021 | ||||
| F | 6 | ||||||||
| General | Fund | 238,805 | 28,536 | (43,140) | 2,549 | 5,000 | 231,750 | ||
| Timothy | Fund | 10,310 | 10,310 | ||||||
| Bursary | and | ||||||||
| Travel Fund | 14,281 | (712) | 13,569 | ||||||
| Thai Hardship | |||||||||
| Fund | 1,144 | 1,144 | |||||||
| Dave Pope | |||||||||
| Support | Fund | 87,746 | 25,487 | (28,541) | (2,549) | 82,143 | |||
| Special | Projects | ||||||||
| Fund | 13,587 | 2,798 | (11,876) | 4,509 | |||||
| Events | and | ||||||||
| Project | |||||||||
| Development | |||||||||
| Fund | 7,000 | (242) | — | — | 6,758 | ||||
| 372,873 | 56,821 | (84,511) | — | 5,000 | 350,183 |
| At 1 Apr | Gains and | At 31 Mar | ||||||
|---|---|---|---|---|---|---|---|---|
| 2021 | Income | Expenditure | Transfers | losses | 2022 | |||
| 6 | F. | F | F | 6 | ||||
| Memorial | Fund | 1,347 | 1,347 | |||||
| The Ruiton | Street | |||||||
| Development | ||||||||
| Fund | 84,326 | 84,326 | ||||||
| Chaplaincy | Fund | 3,652 | (594) | 3,058 | ||||
| 89,325 | (594) | 88,731 | ||||||
| At 1 Apr | Gains and | At 31 Mar | ||||||
| 2020 | Income | Expenditure | Transfers | losses | 2021 | |||
| F | 6 | |||||||
| Memorial | Fund | 1,347 | 1,347 | |||||
| The Ruiton | Street | |||||||
| Development | ||||||||
| Fund | 84,326 | 84,326 | ||||||
| Chaplaincy | Fund | 4,652 | (1,000) | 3,652 | ||||
| 90,325 | (1,000) | 89,325 |
| Analysis ofnet assets between fund |
s | ||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| 6 | |||
| Tangible fixed assets | 182 | 182 | |
| Investments | 225,000 | 225,000 | |
| Current assets | 207,232 | 88,731 | 295,963 |
| Net assets | 432,414 | 88,731 | 521,145 |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| 6 | |||
| Tangible fixed assets | 242 | 242 | |
| Investments | 180,000 | 180,000 | |
| Current assets | 169,941 | 89,325 | 259,266 |
| Net assets | 350,183 | 89,325 | 439,508 |