| Company Information .. |
|||
|---|---|---|---|
| Directors' Report. . | |||
| Independent I xaminer's |
Report .. | .10 | |
| Consolidated Statement |
of Financial Activities. .. | ..11 | |
| Consolidated Balance Sheet.. |
.12 | ||
| Company Balance Sheet. |
.. | ..13 | |
| Consolidated Statement |
of Cash Flows.. | ..14 | |
| Notes to the Financial Statements. | . | .13-19 |
| Directors | Phittp Scales (Chair) | Phittp Scales (Chair) | |||||
|---|---|---|---|---|---|---|---|
| Andrew Cartland |
|||||||
| Kirrie Jenkins | |||||||
| Philip Jenkins | |||||||
| Secretary | FIM Secretaries | Limited | |||||
| Founder | Jo Ruxton MBE |
||||||
| Accountant | FIM Capital Limited |
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| 55 Athol Street | |||||||
| Douglas | |||||||
| Isle of Man | |||||||
| IM1 1LA | |||||||
| Independent | Examiner | Astin Accounts Solutions | Limited | ||||
| Ground floor, 14Peel Road |
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| Douglas | |||||||
| Isle of Man | |||||||
| IM14LR | |||||||
| Registered | Office | One, Bartholomew | Close | ||||
| London | |||||||
| England | |||||||
| EC1A 7BL | |||||||
| Company | No | 06949511 | |||||
| Charity Registered | No | 1139843 |
| for the year ended | Sl March | 2023 | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Notes | GBP | GBP | |||
| Unrestricted funds |
Total | ||||
| INCOME FROM: | |||||
| Donations, grants and licensing fee income |
3 | 442,821 | 722,246 | ||
| Interest received | 250 | 7 | |||
| TOTAL INCOME | 443,071 | 722,253 | |||
| FXPENDITURE ON: | |||||
| Education &Outreach |
348,339 | 258,148 | |||
| Funding & Partnerships |
79,089 | 69,352 | |||
| Science | 48,295 | 24,882 | |||
| Rent | 3,742 | 10,462 | |||
| Legal | 19,975 | 3,582 | |||
| IT | 12,877 | 5,858 | |||
| All Other Administration | 65,235 | 54,703 | |||
| TOTAL EXPENDITURE | 577,552 | 426,987 | |||
| (Deficit)/surplus for year |
(134,481) | 295,266 | |||
| (DEFICIT)/SURPLUS TRANSFERRED TO THE | GENERAL FUND | (134,481) | 295,266 | ||
| RECONCILIATION OF FUNDS: |
|||||
| Total funds brought forward |
371,620 | 76,354 | |||
| (Deficit)/surplus transferred |
to the General | Fund | (134,481) | 295,266 | |
| TOTAL FUNDS CARRIED FORWARD | 237,139 | 371,620 |
| Consolidated Balance Sh |
e | et as at 31March 202 | 3 | ||
|---|---|---|---|---|---|
| Notes | 2023 | 2022 | |||
| GBP | GBP | ||||
| NON-CURRENT ASSETS |
|||||
| Tangible fixed assets | 663 | 3,631 | |||
| Trade and other recewables: amounts | falling due after one year | 1,900 | 1,900 | ||
| TOTAL NON-CURRENT ASSETS |
2,563 | 5,531 | |||
| CURRENT ASSETS | |||||
| trade and other receivables: amounts | falling due within one year | 15,985 | 98,733 | ||
| Cash and cash equivalents | 276,104 | 291,120 | |||
| TOTALCURRENTASSETS | 292,089 | 389,853 | |||
| LESSCURRENT LIABILITIES | |||||
| Trade and other payables: Amounts | falling due within one year | 8 | (57,513) | (22,824) | |
| NET CURRENT ASSETS | 234,576 | 367,029 | |||
| TOTAL ASSET5 LESSCURRENT LIABILITIES | 237,139 | 372,560 | |||
| LONG TERM LIABILITIES | |||||
| Trade and other payables: amounts | falling due after one year | (940) | |||
| NET ASSETS | 237,139 | 371,620 | |||
| FUNDS OF THE CHARITY | |||||
| Unrestricted funds: |
|||||
| General Fund |
237,139 | 371,620 | |||
| Restricted funds | |||||
| TOTAL FUNDS | 237,139 | 371,620 |
| Company Balance Sheet |
a | s at 31March 2023 | |||
|---|---|---|---|---|---|
| Notes | 2023 | 2022 | |||
| GBP | GBP | ||||
| NON-CURRENT ASSETS |
|||||
| Tangible fixed assets | 5 | 663 | 3,631 | ||
| Investment in subsidiary |
11 | 1 | 1 | ||
| Trade and other receivables: amounts | falling due after one year | 6 | 1,900 | 1,900 | |
| Intercompany debtor |
11 | 1,873 | 7,990 | ||
| TOTAL NON-CURRENT ASSETS |
4,437 | 13,522 | |||
| CURRENT ASSETS | |||||
| Trade and other receivables: amounts | falling due within one year | 15,985 | 98,733 | ||
| Cash and cash equivalents | 275,045 | 285,245 | |||
| TOTAL CURRENT ASSETS | 291,030 | 383,978 | |||
| LESSCURRENT LIABILITIES | |||||
| Trade and other paya bles: Amounts | falling due within one year | 8,11 | (57,512) | (22,823) | |
| Intercompany creditor |
11 | (815) | (2,116) | ||
| NET CURRENT ASSETS | 232,703 | 359,039 | |||
| TOTAL ASSETS LESSCURRENT LIABILITIE5 | 237,140 | 372,561 | |||
| LONG TERM LIABILITIES | |||||
| Trade and other payables: amounts | falling due after one year | (940) | |||
| NET ASSETS | 237,140 | 371,621 | |||
| FUNDS OF THE CHARITY | |||||
| Unrestricted funds: |
|||||
| General Fund |
237,140 | 371,621 | |||
| Restricted funds | |||||
| TOTAL FUNDS | 237,140 | 371,621 |
| Consolidated |
Statement ofCa | sh Flows for t | he year ended | 31March 2023 | |
|---|---|---|---|---|---|
| Notes | 2023 | 2022 | |||
| GBP | GBP | ||||
| (Deficit)/surplus for |
the year | (134,481) | 295,266 | ||
| Adjustment for Depreciation Decrease/(increase) in other debtors Increase/(decrease) in creditors |
2,968 82,748 33,749 |
3,805 (83,153) (5,032) |
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| Capital expenditure Net cash (outflow)/inflow from operating |
activities | (15,016) | 210,886 | ||
| (Decrease)/increase | in cash at bank | (15,016) | 210,886 | ||
| Cash in bank at the | start ofthe year | 291,120 | 80,234 | ||
| Cash at bank at 31 | March | 276,104 | 291,120 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| GBP | GBP | |||||
| Donations | and licensing fee income | 442,821 | 690,282 | |||
| Grants - Coronavirus | Job | Ret'ention | Scheme | 31,964 | ||
| 442,821 | 722,246 | |||||
| 4. Staff Remuneration |
and costs | |||||
| 2023 | 2022 | |||||
| GBP | GBP | |||||
| Wages and | salanes | 319,721 | 238,143 | |||
| Employer's | Nl | 26,619 | 20,231 | |||
| Employer's | pension | costs | 5,600 | 5,500 | ||
| Recruitment | and other costs | 2,246 | 653 | |||
| 354,186 | 264,527 |
| 5. Tangible |
Fixed assets | - Group | and Parent | ||
|---|---|---|---|---|---|
| Z023 | 2022 | ||||
| Computer/IT | equipment | GBP | GBP | ||
| Cost brought | forward | 11,403 | 11,403 | ||
| Additions | |||||
| Cost as at 31 | March | 11,403 | 11,403 | ||
| Accumulated | depreciation | brought | forward | 7,772 | 3,967 |
| Depreciation | charge | 2,968 | 3,805 | ||
| Accumulated | depreciation | as at 31 | March | 10,740 | 7,772 |
| Net Book Value as at 31 March | 663 | 3,631 |
| 6. Trade and other receivables -Gr |
oup and Parent | ||
|---|---|---|---|
| 2023 | 2022 | ||
| GBP | GBP | ||
| Receivables | 8,889 | 91,006 | |
| Prepayments | 7,096 | 7,727 | |
| Trade and other receivables: amounts | falling due within one year | 15,985 | 98,733 |
| 2023 | 2022 | ||
| GBP | GBP | ||
| Rental deposit | 1,900 | 1,900 | |
| Trade and other receivables: amounts | falling due after one year | 1,900 | 1,900 |
| 7. Cash and cash equivalents |
|||
| Z023 | 2022 | ||
| Parent only | GBP | GBP | |
| Cash at bank | 275,045 | 285,245 | |
| 2023 | 2022 | ||
| Group | GBP | GBP | |
| Cash at bank | 276,104 | 291,120 | |
| 8. Trade and other payables - Group and Parent |
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| 2023 | 2022 | ||
| GBP | GBP | ||
| Trade payables | 19,302 | 16,079 | |
| Accruals | 37,271 | 6,117 | |
| Finance Lease (note 9) | 940 | 628 | |
| Trade and other payables: amounts | falling due within one year | 57,513 | 22,824 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| GBP | GBP | |||
| Finance Lease (note 9) | 940 | |||
| Trade and other receivables: amounts | falling due after one year | 940 | ||
| 9. Finance Lease - Group and |
Parent | |||
| Future minimum lease payments |
are as follows | |||
| 2023 | 2022 | |||
| GBP | GBP | |||
| Not later than one year | 1,844 | 1,844 | ||
| Later than one year and not later | than | five years | 1,844 | |
| Total gross payment | 1,844 | |||
| Finance charges | (443) | (1 659) | ||
| Total liability | 1,401 | 2,029 |