2022-08-31-accounts - Speakers Trust Limited

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'SPEAKERS TRUST LIMI ANNUAL R PORT AlD ACCOUNT For trfe Year to 31 Ausust 2022


CHARITY INFORMATION		STATEMENT OF FINANCIAL	21
		ACTIVITIES
CHAIR OF TRUSTEESWELCOME	4 12	BALANCE SHEET	22
REPORT OF THE TRUSTEES	13 17	STATEMENT OF CASH FLOWS	23
REPORT OF THE AUDITORS	18 2P	NOTES TOTHEACCOUNTS	24 33

OUR WORK IN NUMBERS 75% ol Daniclpams Increased tholr ¢onfidellGe to *and and ialk ID a group ol peopl8 verage rlso 42%&%110- 5.91101 90% have ImpMV•I hiiwihoy c 0roiomthrough c•nthm smimrn anl d•lfvory •PDornnNl•sio s•o•k Inpllblle F¥ 213 Iiiidonts bollovo Ihaiiholr •DlnlOIS 810 m•rn valuol udems havo loarnt sklllsihey can appty In the no stsuo ol Iholr oduc8on. training and empioymem •1

Maya's Story J_-,Iil We hear hundreds of wonderful stories from those who experience public speaking for the first time in our workshops. This was the case for Maya Redley who described the Speak Out Challenge as a truly transformational experience. When Maya walked into her workshop in Leytonstone School she rated herself as only a 3110 for confidence but by the time she scooped fourth place at the Grand Final this had soared to 9/10. That's an incredible 60% increase in confidence thanks to this "The most valuable th19 about Speak Out Challen9e was ope19 peoples eyes and educatlw9 them o somethlM9 1 feel very passioate about. I will cherish the experlence forever. programme.There is no doubt this will change Maya's life - she says; 'It'S 91Ve me confidence, Now 901*19 Into th19$ 1 dO't secomd 9uess myself as much aMd it's show e that l ca do It, If I put my to it, I ca do aYthI9 111

		Unrestricted	Restricted	2022	2021
	Notes	funds	funds	Total	Total
Income from:
Donations and grants		150,420		150,420	92,777
Charitable activities		192,873	960,783	1,153,656	618,365
Investments
Bank interest received		7,957		7,957	5,245
Other		1,495		1,495	353
Total Income		352,745	960,783	1,313,528	716,740
Expenditure on:
Raising Funds		51,341		51,341	20,048
Charitable activities		191,991	960,783	1,152,774	683,352
Total Expenditure		243,332	960,783	1,204,115	703,400
Net income/(expenditure)
before transfers		109,413		109,413	13,340
Transfer between funds
Net movement in funds		109,413		109,413	13,340
Reconciliation ofFunds
Total funds brought forward		233,488		233,488	220,148
Total funds carried forward		342,901		342,901	233,488

					2022		2021
			Notes
Fixed assets
Tangible assets
Total fixed assets
Current assets
Debtors			12	3,942		21,178
Cash at bank and in		hand		711,078		942,117
				715,020		963,295
Creditors: Amounts		falling due
within one	year		13	(372,119)		(729,807)
Net current	assets				342,901		233,488
Total assets	less current liabilities				342,901		233,488
Net assets			17		342,901		233,488
Represented	by:
Unrestricted	funds		15		342,901		233,488
Restricted funds			16
					342,901		233,488

				2022	2021
				Total	Total
				g
Cash flows from	operating	activities
Net income/(expenditure) for the financial			year	109,413	13,340
Adjustments for:
Interest received				(7,957)	(5,245)
Decrease in trade	and other	debtors		17,236	4,227
(Decrease)/increase	in trade	and other creditors		(357,688)	309,124
Net cash iaflows	from operating activities			(238,996)	321,446
Cash flows from	investing	activities
Interest received				7,957	5,245
Net cash from investing activities				7,957	5,245
Net increase in cash and cash equivalents				(231,039)	326,691
Cash and cash equivalents at start ofthe year				942,117	615,426
Cash and cash equivalents		at the end of	the year	711,078	942,117

			2022	2021
			Total	Total
The net income / (expenditure)		for the year is stated
after charging:
Depreciation and other	amounts	written offtangible
fixed assets;
Independent Examiner's	Fee			1,500
Auditors' remuneration			4,500

3	Doaations	a	nd grants
				Unrestricted	Restricted	2022	2021
				funds	funds	Total	Total
				g	g	f.
	Government		grants:
	Coronavirus		Job Retention Scheme	5,986		5,986	39,725
	Donations:
	Other donations			144,434		144,434	53,052
				150,420		150,420	92,777
4	lncomiug	resources from charitable		activities
				Unrestricted	Restricted	2022	2021
				funds	funds	Total	Total
	Fees tram	public speaking
	workshops		&events	192,322		192,322	169,485
	The Jack Petchey Foundation				817,657	817,657	338,664
	Other trusts		and foundations	551	143,126	143,677	110,216
				192,873	960,783	1,153,656	618,365
5	lavestment		income
				Unrestricted	Restricted	2022	2021
				funds	funds	Total	Total
					g		g
	Bank interest		receivable	7,957		7,957	5,245
				7,957		7,957	5,245

Note	s to the accounts for the year ended	s to the accounts for the year ended	s to the accounts for the year ended	31August 2022
6	Costs ofraising funds
				Unrestricted	Restricted	2022	2021
				funds	funds	Total	Total
	Fundraising			51,341		51,341	20,048
				51,341		51,341	20,048
7	Cost ofcharitable		activities —by fund type
				Unrestricted	Restricted	2022	2021
				funds	funds	Total	Total
	Development	&delivery of
	Public speaking training			191,991	960,783	1,152,774	683,352
				191,991	960,783	1,152,774	683,352
8	Cost ofcharitable		activities —by	activity
				Activities	Support	2022	2021
				undertaken	costs	Total	Total
					g	g	g
	Development	&delivery of
	Public speaking training			1,068,531	84,243	1,152,774	683,352
				1,068,531	84,243	1,152,774	683,352
9	Analysis ofsupport		costs
					Charitable	2022	2021
					Activities	Total	Total
	Staff costs				45,179	45,179	43,406
	Insurance				2,442	2,442	2,442
	Establishment	costs			10,156	10,156	20,81.1
	Office expenses				12,301	12,301	13,717
	Governance				6,800	6,800	4,340
	Other				7,365	7,365	2,810
					84,243	84,243	87,526

Employment
	2022	2021
		g
Wages and salaries	282,457	255,190
Social security costs	24,089	21,799
Pension costs	8,309	7,487
	314,855	284,476

head count	, was as follows:
		2022	2021
Charitable	Activities	8.8	7.8

11	Fixed assets - Tangible	Fixed assets - Tangible	Fixed assets - Tangible
							Fixtures
							Fittings &	Total
							Equipment	Assets
	Cost
	At 1 September	2021	and 31 August 2022				5,719	5,719
	Depreciation
	At 1 September	2021	and 31August 2022				5,719	5,719
	Net BookValue
	At 1 September	2021	and 31August 2022
12	Debtors
							2022	2021
							K
	Trade debtors						2,130	18,247
	Prepayments and accrued income						1,812
	Other debtors							2,931
							3,942	21,178
13	Creditors: Amounts		falling due within		one year
							2022	2021
							g
	Trade creditors						9,888	13,315
	Other taxes and social		security				7,391	4,987
	Other creditors						47,633	103,041
	Accruals						2,804	18,349
	Deferred income						304,403	590,115
							372,119	729,807
14	Leasing commitments
	The charity' s future minimum			lease payments		are as follows:
							2022	2021
	Within one year Between one and five		years				5,625		hnOn
	These relate to the oKces that			the charity	rents.

		Unrestricted	Restricted
		funds	funds	Total
Income from:
Donations and legacies		92,777		92,777
Charitable activities		169,485	448,880	618,365
Investments
Bank interest received		5,245		5,245
Other		353		353
Total Income		267,860	448,880	716,740
Expenditure on:
Raising Funds		20,048		20,048
Charitable activities		234,472	448,880	683,352
Total Expenditure		254,520	448,880	703,400
Net income/(expenditure)	before transfers	13,340		13,340
Transfer between funds
Net movement ia funds		13,340		13,340
Reconciliation ofFunds
Total funds brought forward		220,148		220,148
Total funds carried forward		233,488		233,488