| Trustees | Mrs JJTedbury | Mrs JJTedbury | |
|---|---|---|---|
| Mrs M Sandhu | |||
| Mrs C Lovett | |||
| Registered | Office | 57West Road | |
| Pointon | |||
| Sieaford | |||
| NG34 ONA | |||
| Independent | Examiner | Miss H Bright | BA(Hons), FCA, CTA |
| Moore Thompson | |||
| Chartered Accountants |
|||
| Bank House | |||
| Broad Street | |||
| Spaiding | |||
| Lines. | |||
| PE11 1TB |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | E | ||||
| Income from: | |||||
| Donations | and legacies | 66,919 | 78,803 | ||
| Charitable | activities | 108,256 | 97,802 | ||
| Total income | 175,175 | 176,605 | |||
| Expenditure | from: | ||||
| Charitable | activities | 154,561 | 163,945 | ||
| Total expenditure | 154,561 | 163,945 | |||
| Net income | 20,614 | 12,660 | |||
| Fund balances brought |
forward | 126,379 | 113,719 | ||
| Fund balances carried | forward | 146,993 | 126,379 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Note | F | |||
| Fixed assets | ||||
| Tangible | assets | 11,666 | 13,553 | |
| Current assets | ||||
| Debtors | 69,015 | 26,531 | ||
| Stock | ||||
| Cash at bank | 67,500 | 87,455 | ||
| Total current | assets | 136,515 | 113,986 | |
| Current liabilities |
||||
| Creditors | 1,188 | 1,160 | ||
| Total current | liabilities | 1,188 | 1,160 | |
| Net current assets | 146,993 | 126,379 | ||
| Accumulated | Funds | |||
| Unrestricted funds |
146,993 | 126,379 | ||
| 146,993 | 126,379 |
| ess estimated residual value, seful life as follows: |
ofeach asset on a syst | ematic |
|---|---|---|
| Fixtures and fittings | - 10%reducing | balance |
| Log cabin | - 5%on cost | |
| Computer equipment |
- 25% reducing | balance |
| Motor vehicles | - 25% reducing | balance |
| Income | |||
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| Donations and legacies |
|||
| Government grants |
—Covid-19 Pandemic | 5,334 | |
| Government grants |
- Kickstart | 8,495 | 41,928 |
| Donations | 58,424 | 31,541 | |
| Total voluntary income |
66,919 | 78,803 | |
| Charitable activities |
|||
| Rent receivable | 30,672 | 42,119 | |
| Fundraising events |
687 | 812 | |
| Shop sales | 33,181 | 18,089 | |
| Furniture sales |
43,716 | 36,782 | |
| Total charitable income |
108,256 | 97,802 |
| Cost ofcharitable activi |
tie | s | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| F | |||||
| Karis House | |||||
| Wages | 59,338 | 77,620 | |||
| Pensions | 706 | 784 | |||
| Welfare costs | 85 | ||||
| Staff training | 807 | 444 | |||
| L.easehold property |
rates | 7,426 | 8,713 | ||
| Food purchases | 6,637 | 6,294 | |||
| Property repairs and | renewals | 8,629 | 1,592 | ||
| Travel costs | 40 | ||||
| Motor costs | 3,733 | 4,313 | |||
| Depreciation | 1,887 | 2,252 | |||
| 89,248 | 102,052 | ||||
| Shop and related flats | |||||
| Properties rent |
20,400 | 21,257 | |||
| Property insurance | 3,738 | 1,824 | |||
| Flat light and heat | 20,006 | 13,956 | |||
| Shop light and heat | 1,144 | 815 | |||
| Shop insurance | 363 | 3,945 | |||
| Shop repairs and renewals | 1,333 | 1,347 | |||
| Shop purchases | 227 | 640 | |||
| 47,211 | 43,784 | ||||
| Furniture shop |
|||||
| Properties rent |
9,823 | 9,000 | |||
| Shop light and heat | 1,512 | 1,299 | |||
| Shop insurance | 286 | 535 | |||
| Shop repairs and renewals | 1,049 | 2,151 | |||
| 12,670 | 12,985 | ||||
| Support costs | |||||
| Office costs | 639 | 558 | |||
| Computer costs | 466 | 404 | |||
| Telephone | 2,499 | 2,773 | |||
| Advertising | 305 | 163 | |||
| Legal and professional | fees | 150 | |||
| Bank charges | 251 | 173 | |||
| Sundry costs | 3 | ||||
| 4,310 | 4,074 | ||||
| Governance costs | |||||
| Independent examination |
fee | 1,122 | 1,050 | ||
| Total cost ofcharitable | activities | 154,561 | 163,945 |
| 5. | Tangible Fixed Assets | Tangible Fixed Assets | |||||
|---|---|---|---|---|---|---|---|
| Fixtures and fittings f |
Log Cabin | Computer Equipment |
Motor Vehicles |
Total | |||
| Cost | |||||||
| At 1 April 2022 | 14,593 | 7,150 | 1,817 | 19,910 | 43,470 | ||
| At 31 March 2023 | 14,593 | 7,150 | 1,817 | 19,910 | 43,470 | ||
| Depreciation | |||||||
| At 1 April 2022 | 8,152 | 3,577 | 1,624 | 16,564 | 29,917 | ||
| Charge for the | year | 645 | 357 | 48 | 837 | 1,887 | |
| At 31 March 2023 | 8,797 | 3,934 | 1,672 | 17,401 | 31,804 | ||
| Net book value | |||||||
| At 31 March 2023 | 5,796 | 3,216 | 145 | 2,509 | 11,666 | ||
| At 31 March 2022 | 6,441 | 3,573 | 193 | 3,346 | 13,553 | ||
| 6. | Debtors | ||||||
| 2023 | 2022 | ||||||
| E | |||||||
| Amounts due from related parties: |
|||||||
| The Lighthouse | Project Limited | 61,475 | 20,000 | ||||
| PAYE and NIC | 743 | ||||||
| Prepayments and accrued Income |
6,797 | 6,531 | |||||
| 69,015 | 26,531 | ||||||
| 7. | Creditors | 2023 | 2022 | ||||
| E | |||||||
| Other creditors | 108 | 152 | |||||
| Accruals | 1,080 | 1,008 | |||||
| 1,188 | 1,160 |