## |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|