| Report ofthe Trustees | 1 | to | 14 | |
|---|---|---|---|---|
| Independent Examiner's |
Report | 15 | ||
| Statement ofFinancial | Activities | 16 | ||
| Balance Sheet | 17 | |||
| Cash Flow Statement | 18 | |||
| Nates to the Financial Statements | 19 | to | 26 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | 8 | 5 | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Charitable activities |
||||||
| Events | 136,066 | 136,086 | 92,771 | |||
| Membership benefits 8 services |
511,419 | 511,419 | 482,102 | |||
| Other trading activities |
4,551 | 4,551 | 19,052 | |||
| Investmant income |
4,357 | 4,357 | 723 | |||
| Other income | 8,600 | 8,600 | 1,618 | |||
| Total | 664,993 | 664,993 | 596,266 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Events | 331,880 | 331,860 | 270,455 | |||
| Membership benefits 8 services |
344,138 | 344,136 | 344,556 | |||
| NeverMoreNeeded | 3,136 | 3,136 | 2,220 | |||
| Total | 675,996 | 3,136 | 679,132 | 617,231 | ||
| NET INCOMEI(EXPENDITURE) | (11,003) | (3,136) | (14,139) | (20,965) | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
312,178 | 4,272 | 316,450 | 337,415 | ||
| TOTAL FUNDS CARRIED FORWARD | 301,175 | 1,136 | 302,311 | 316,450 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | fund 6 |
funds f |
funds 5 |
funds 5 |
|
| FIXEDASSETS Tangible assets |
13 | 14,865 | 14,865 | 15,250 | |
| CURRENT ASSETS Debtors Cash at bank and in hand |
14 | 63,578 582,716 |
1,136 | 63,578 583,852 |
45,768 564,209 |
| 646,294 | 1,136 | 647,430 | 609,977 | ||
| CREDITORS Amounts falling due within one year |
15 | (359,984) | (359)984) | (308777) | |
| NET CURRENT ASSETS | 286,310 | 1,136 | 287.446 | 301,200 | |
| TOTAL ASSETS LESS CURRENT | LIABILITIES | 301,175 | 1,136 | 302,311 | 316,450 |
| NET ASSETS | 301,175 | 1,136 | 302,311 | 316,450 | |
| FUNDS Unrestdicted funds Restricted funds |
16 | 301,175 1,136 |
312,178 4,272 |
||
| FUNDS | 302,311 | 316,450 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | 6 | |||
| Cash flows from operating | activities | |||
| Cash generated from operations |
18 | 19,441 | 30,344 | |
| Net cash provided by operating activities |
19,441 | 30,344 | ||
| Cash flows from investing | activities | |||
| Purchase oftangible fixed assets |
(4,155) | (3,266) | ||
| Interest received | 4,357 | 723 | ||
| Net cash provided by/(used |
in) investing | activities | 202 | (2,543) |
| Change in cash and cash |
equivalents | In | ||
| the reporting period |
19,643 | 27,801 | ||
| Cash and cash equivalents | at the | |||
| beginning ofthe reporting |
period | 564,209 | 536,408 | |
| Cash and cash equivalents | at the end | of | ||
| the reporting period |
583,852 | 564,209 |
| OTHER TR | ADING ACTIVITIES | ||
|---|---|---|---|
| 2023 | 2022 | ||
| 6 | |||
| Web-based | &digital income | 3,410 | 14,492 |
| Publications | income | 1,141 | 4,560 |
| 4,551 | 19,052 |
| 4. | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | 2023f | 2022 E |
|||
|---|---|---|---|---|---|---|---|---|
| Deposit account interest | 4,357 | 723 | ||||||
| INCOME FROM CHARITABLE | ACTIVITIES | 2023 | 2022 | |||||
| Events | Activity Events |
6 136,066 |
E 92,771 |
|||||
| Membership services |
benefits | 8 | Membership | benefits 8 services | 511,419 | 482,102 | ||
| 647,485 | 574,873 | |||||||
| 6. | OTHER INCOME | 2023 | 2022 | |||||
| 6 | F | |||||||
| Management | fees | 8,600 | 1,518 | |||||
| 7. | CHARITABLE ACTIVITIES COSTS | Support | ||||||
| Direct | costs (see | |||||||
| Costs 6 |
note 8) f |
Totals | ||||||
| Events Membership benefits NeverMoreNeeded |
&services | 295,091 297,917 3,136 |
36,769 46,219 |
331,860 344,136 3,136 |
||||
| 596,144 | 82,988 | 679,132 | ||||||
| 8. | SUPPORT | COSTS | Information | |||||
| Management 5 |
Finance 6 |
technology 6 |
||||||
| Events Membership |
benefits | &services | 4,601 5,624 |
1,596 1,952 |
8,283 10,124 |
|||
| 10,225 | $,548 | 18,407 | ||||||
| Governance | ||||||||
| Other | costs | Totals | ||||||
| 6 | 6 | 6 | ||||||
| Events Membership |
benefits | 8 services | 19,635 24,001 |
2,654 4,518 |
36,769 46,219 |
|||
| 43,636 | 7,172 | 82,988 |
| Net income/( | expenditure) | is stated after charging/[crediting): | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 6 | 5 | |||
| Independent | examiner's | remuneration | 1,127 | 900 |
| Other non-examination | services | 4,383 | 2,700 | |
| Depreciation | - owned assets | 4,540 | 4,376 |
| STAFF COSTS | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 6 | 5 | |||
| Wages and salaries | 481,317 | 430,826 | ||
| Social security costs | 47,596 | 37,150 | ||
| Other pension costs | 31,519 | 28,021 | ||
| 560,432 | 495,997 | |||
| The average monthly |
number ofemployees | during the year was as fofiows: | ||
| 2023 | 2022 | |||
| Staff | 13 | 13 |
| The numbe wes: |
r of emp |
loyees wh |
ose employee benefits (excluding employer pensi |
on costs) excee |
ded 560,0 |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 560,001 - 570,000 | 1 | 1 | |||
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| fund | funds | fundsf | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Charitable | activities | ||||
| Events | 92,771 | 92,771 | |||
| Membership | benefits | &services | 482,102 | 482,102 | |
| Other trading activities |
19,052 | 19,052 | |||
| Investment | income | 723 | 723 | ||
| Other income | 1,618 | 1,618 | |||
| Total | 596,266 | 596,266 | |||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Events | 270,455 | 270,455 | |||
| Membership | benefits | &services | 331,942 | 12,614 | 344,556 |
| 12. | COMPARATIVES FOR | COMPARATIVES FOR | THE STATEMENT OF FINANCIAL ACTIVITIES -continued Unrestricted |
THE STATEMENT OF FINANCIAL ACTIVITIES -continued Unrestricted |
Restricted | Total |
|---|---|---|---|---|---|---|
| fund f |
funds f |
funds | ||||
| NeverMoreNeeded | 2,220 | 2,220 | ||||
| Total | 602,397 | 14,834 | 617,231 | |||
| NET INCOME/(EXPENDITURE) | (6,131) | (14,834) | (20,965) | |||
| RECONCILIATION Total funds brought |
OF FUNDS forward |
318,309 | 19,106 | 337,415 | ||
| TOTAL FUNDS CARRIED FORWARD | 312,178 | 4,272 | 316,450 | |||
| 13. | TANGIBLE FIXEDASSETS | |||||
| Computer | ||||||
| equipment f |
Website f. |
Totals f. |
||||
| COST At 1 May 2022 Additions |
15,645 4,155 |
59,953 | 75,598 4,155 |
|||
| At 30April 2023 | 19,800 | 59,953 | 79,753 | |||
| DEPRECIATION At 1 May 2022 Charge for year |
7,725 2,708 |
52,623 1,832 |
60,348 4,540 |
|||
| At 30 Apdl 2023 | 10,433 | 54,455 | 64,888 | |||
| NET BOOK VALUE At 30 April 2023 |
9,367 | 5,498 | 14,865 | |||
| At 30 April 2022 | 7,920 | 7,330 | 15,250 | |||
| 14. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | 2023 | 2022 | ||
| f | ||||||
| Trade debtors Prepayments and accrued income |
53,616 9,962 |
40,908 4,860 |
||||
| 63,578 | 45,768 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE Y | EAR | |
|---|---|---|
| 2023 | 2022 | |
| 8 | 2 | |
| Trade creditors | 6,638 | 3,104 |
| Social security and other taxes | 8,769 | 7,113 |
| VAT | 36,536 | 27,337 |
| Other creditors | 4,389 | 3,738 |
| Accrued expenses | 7,258 | 3,600 |
| Deferred income | 296,394 | 263,885 |
| 359,984 | 308,777 |
| MOVEMENT IN |
FUNDS | |||||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.5.22 8 |
in funds f |
30.4.23 8 |
||||
| Unrestricted funds |
||||||
| General fund | 312,178 | (11,003) | 301,175 | |||
| Restricted funds | ||||||
| NeverMoreNeeded | 3,136 | (3,136) | ||||
| The Paul Hamlyn | Trust | 1,136 | 1,136 | |||
| 4,272 | (3,1361 | 1,136 | ||||
| TOTAL FUNDS | 316,450 | (14,139) | 302,311 | |||
| Net movement in |
funds, | included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| 2 | 5 | 9 | ||||
| Unrestricted funds |
||||||
| General fund |
664,993 | (675,996) | (11,003) | |||
| Restricted funds | ||||||
| NeverMoreNeeded | (3,136) | (3,136) | ||||
| TOTAL FUNDS | 664,993 | (679,132) | (14,139) |
| Comparstives fo |
r moveme | nt in fun |
ds | |||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.5.21 | in funds | 30.4.22 | ||||
| Unrestricted funds General fund |
318,309 | (6,131) | 312,178 | |||
| Restricted funds NeverMoreNeeded The Paul Hamlyn |
Trust | 5,356 13,750 |
(2,220) (12,614) |
3,136 1,136 |
||
| 19,106 | (14,834) | 4,272 | ||||
| TOTAL FUNDS | 337,415 | (20,965) | 316,450 | |||
| Comparative net |
movement | in funds, | included | in the above are as follows: | ||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| 5 | ||||||
| Unrestricted funds General fund |
596,266 | (602,397) | (6,131) | |||
| Restricted funds NeverMoreNeeded The Paul Hamlyn |
Trust | (2,220) (12,614) |
(2,220) (12,614) |
|||
| (14,834) | (14,834) | |||||
| TOTAL FUNDS | 596,266 | (617,231) | (20,965) |
| RECONCILIATION OF NET EXPENDITURE |
RECONCILIATION OF NET EXPENDITURE |
RECONCILIATION OF NET EXPENDITURE |
TO NET CASH | FLOW FROM OPERATING ACTIVITIES | FLOW FROM OPERATING ACTIVITIES | FLOW FROM OPERATING ACTIVITIES | FLOW FROM OPERATING ACTIVITIES | |
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| 5 | ||||||||
| Net expenditum for Financial Activities) |
the reporting | pedod (as per the Statement of | (14,139) | (20,965) | ||||
| Adjustments for: Depreciation charges Interest received (Increase)/decrease Increase in creditors |
in debtors | 4,540 (4,357) (17,810) 51,207 |
4,376 (723) 30,642 17,014 |
|||||
| Net cash provided by operations |
19,441 | 30,344 | ||||||
| ANALYSIS OF CHANGES IN NET |
FUNDS | |||||||
| At | 1.5.22 f |
Cash flow 5 |
At | 30.4.23 f |
||||
| Net cash Cash at bank snd in |
hand | 564,209 | 19,643 | 583,852 | ||||
| P25 | continued. .. |
| 564,209 | 19,643 | 583,852 |
|---|---|---|
| 564,209 | 19,643 | 583,852 |