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← Speakers Trust Limited

2023-08-31-accounts

Charity
Information
Chair ofTrustees Welcome
Report ofthe Trustees 4-8
Report ofthe Auditors 9 -11
Statement ofFinancial Activities 12
Balance Sheet 13
Statement ofCash Flows 14
Notes to the Accounts 15-24

Charity In Charity In formation
Charity Name: Speakers Trust Limited
Registered Numbers: Company Number: 06740655
Charity Number: 1139377
Registered Office: Can Mezzanine
7-14Great Dover Street
London
SE14YR
Trustees: Hulda Adao
Simon Heale (Treasurer)
Fiona Wilkinson Huckett (Chair)
Charles Lesser
Andrew
Rawnsley
Elizabeth
Runham
Martin Thomas
Victoria White (Resigned 7th February 2023)
Chief Executive Officer: Russell Findlay
Auditors: Xeinadin Auditing
Chartered Accountants and Statutory Auditors
8aFloor Becket House
36Old Jeuny
London EC2R 8DD
Bankers: Unity Trust Bunk pic
Customer Service Centre
9Brindley Place
Birmingham
B1 2HB

Unrestricted Restricted 2023 2022
Notes funds funds Total Total
Income from:
Donations
and grants		 47,681 47,681 150,420
Charitable
activities		 257,699 890,223 1,147,922 1,153,656
Investments
Bank interest received 18,341 18,341 7,957
Other 594 594 1,495
Total Income 324,315 890,223 1,214,538 1,313,528
Expenditure
on:
Raising Funds 23,775 23,775 51,341
Charitable
activities		 292,164 890,223 1,182,387 1,152,774
Total Expenditure 315,939 890,223 1,206,162 1,204,115
Net income/(expenditure)
before transfers 8,376 8,376 109,413
Transfer between
funds
Net movement
in funds		 8,376 8,376 109,413
Reconciliation
ofFunds
Total funds brought forward 342,901 342,901 233,488
Total funds carried forward 351,277 351,277 342,901
2023 2022
Notes
Fixed assets
Tangible assets
Total fixed assets
Current assets
Debtors 12 19,324 3,942
Cash at bank and in hand 742,353 711,078
761,677 715,020
Creditors: Amounts falling due
within one year 13 (410,400) (372,119)
Net current assets 351,277 342,901
Total assets less current liabilities 351,277 342,901
Net assets 17 351,277 342,901
Represented by:
Unrestricted funds 15 351,277 342,90]
Resuicted
funds		 16
351,277 342,901

2023 2022
Total Total
Cash flows from operating activities
Net income/(expenditure)
for the financial year		 8,376 109,413
Adj ustments for:
Interest received (18,341) (7,957)
(Increase)/decrease in trade and other debtors (15,382) 17,236
(Decrease)/increase in trade and other creditors 38,281 (357,688)
Net cash inflows from operating
activities		 12,934 (238,996)
Cash flows from investing activities
Interest received 18,341 7,957
Net cash from investing
activities		 18,341 7,957
Net increase in cash and cash equivalents 31,275 (231,039)
Cash and cash equivalents
at start ofthe year		 711,078 942,117
Cash and cash equivalents at the end ofthe year 742,353 711,078

2023 2022
Total Total
The net income / (expenditure) for the year is stated
after charging:
Depreciation
and other amounts		 written offtangible
fixed assets;
Auditors'
remuneration		 4,500 4,500

Note s to the aeeou nts for the year ended 31 nts for the year ended 31 August 2023
3 Donations and grants
Unrestricted Restricted 2023 2022
funds funds Total Total
Government grants:
Coronavirus Job Retention Scheme 5,986
Donations:
Other donations 47,681 47,681 144,434
4-7,681 47,681 150,420
Incoming resources from charitable activities
Unrestricted Restricted 2023 2022
funds funds Total Total
Fees from public speaking
workshops &events 257,699 257,699 192,322
The Jack Petchey Foundation 802,111 802,1 11 817,657
Other trusts and foundations 88,112 88,112 143,677
257,699 890,223 1,147,922 1,153,656
5 Investment income
Unrestricted Restricted 2023 2022
funds funds Total Total
Bank interest receivable 18,341 18,341 7,957
18,341 18,341 7,957

6 Costs ofraising funds Costs ofraising funds Costs ofraising funds
Unrestricted Restricted 2023 2022
funds funds Total Total
'g
Fundraising 23,775 23,775 51,341
23,775 23,775 51,341
7 Cost ofcharitable activities —by fund type
Unrestricted Restricted 2023 2022
funds funds Total Total
K K
Development &delivery of
Public speaking training 292,164 890,223 1,182,387 1,152,774
292,164 890,223 1,182,387 I,152,774
8 Cost ofcharitable activities —by activity
Activities Support 2023 2022
undertaken costs Total Total
Development &delivery of
Public speaking training 1,080,791 101,596 1,182,387 1,152,774
1,080,791 101,596 1,182,387 1,152,774
9 Analysis of support costs
Charitable 2023 2022
Activities Total Total
Staffcosts 42,576 42,576 45,179
Insurance 1,439 1,439 2,442
Establishment costs 28,413 28,413 10,156
Office expenses 15,324 15,324 12,301
Governance 8,557 8,557 6,800
Other 5,287 5,287 7,365
101,596 101,596 84,243

Employment costs
2023 2022
Wages and salaries 251,858 282,457
Social security costs 19,254 24,089
Pension costs 70,409 8,309
341,521 314,855
Charitable
Activities
f60,000 —f70,000
f70,000 —580,000
is ofavera ge monthly
2023 2022
2023 2022
11 Fixed assets - Tangib le
Fixtures
Fittings tk Total
Equipment Assets
K
Cost
At 1 September 2022 5,719 5,719
Disposals (5,719) (5,719)
At 31 August 2023
Depreciation
At 1 September 2022 5,719 5,719
Disposals (5,719) (5,719)
At 31August 2023
Net Book Value
At 31August 2023
At 31 August 2022
12 Debtors
2023 2022
Trade debtors 7,876 2,130
Prepayments and accrued income 11,448 1,812
19,324 3,942
13 Creditors: Amounts falling due within one year
2023 2022
Trade creditors 7,473 9,888
Other taxes and social security 5,063 7,391
Other creditors 14,325 47,633
Accruals 12,351 2,804
Deferred income 371,188 304,403
410,400 372,119

2023 2022
g g
Within one year 16,875 5,625
Between one and five years
These relate to the offices that the charity rents.

Balance at Incoming Outgoing Balance at
01/09/2022 resources resources Transfers 31/08/2023
f.
General funds 342,901 324,315 (315,939) 351,277
Restricted funds
Balance at Incoming Outgoing Balance at
01/09/2022 resources resources Transfers 31/08/2023
g g g
Jack Petchey Foundation 802,111 (802,111)
HSBC UK Donation 15,577 (15,577)
West Midlands Speak Out Challenge 57,412 (57,412)
Other Trusts and Foundations 15,123 (15,123)
890,223 (890,223)

alysis ofnet assets between fun ds
Total Total
Unrestricted Restricted Funds Funds
Funds funds 2023 2022
f.
Current assets 761,677 761,677 715,020
Current liabilities (410,400) (410,400) (372,119)
351,277 351,277 342,901

Unrestricted Restricted
funds funds Total
Income from:
Donations
and legacies		 150,420 150,420
Charitable
activities		 192,873 960,783 1,153,656
Investments
Bank interest received 7,957 7,957
Other 1,495 1,495
Total Income 352,745 960,783 1,313,528
Expenditure
on:
Raising Funds 51,341 51,341
Charitable
activities		 191,991 960,783 1,152,774
Total Expenditure 243,332 960,783 1,204,115
Net income/(expenditure) before transfers 109,413 109,413
Transfer between funds
Net movement
in funds		 109,413 109,413
Reconciliation
ofFunds
Total funds brought
forward		 233,488 233,488
Total funds carried forward 342,901 342,901