2022-11-30-accounts - Merseyside Adventure Sailing Trust

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		Page
Trustees' Annual Report
Statement ofTrustees'	Responsibilities
independent's Examiners Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial	Statements

		Notes	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2022	2022	2022	2021
Income and endowments
from: Donations and legacies Charitable activities		3a 3b	27,101 20,751	10,000	27,101 30,751	24,408 20,224
Total income			47,852	10,000	57,852	44,632
Expenditure on: Charitable activities			38,853	6,824	45,677	46,039
Total expenditure			38,853	6,824	45,677	46,039
Net income/(expenditure), movement in funds	net		8,999	3,176	12,175	(1,407)
Funds balances brought forward		9,10	1,785		1,785	3,192
Funds balances carried forward		8-10	10,784	3,176	13,960	1,785

Expenditure on Charitable	Activ	ities
		Direct Charitable	Support 8 Governance	Total	Total
		Expenditure	Costs	2022	2021
To promote, educate and train
young people the skill associated with the building	and	37,311	8,366	45,677	46,039
operation ofseagoing vessels.
a} Analysed as follows:
		2022	2021
Direct charitable expenditure: Awards dinner Voyage fees Mentors' fees		18,576 444	741 30,677
Project manager fees Activities		4,140 6,177	828
Supporting young people DVDs, photos and calendars Transport costs for participants Room hire and refreshments		3,559 4,013 402	6,727 284 1,753 203
		37„311	41,213
Support 8 Governance costs: ONce costs Internet and website Membership and subscriptions Insurance Travel expenses Bank and credit card fees		449 1,414 626 131 170	f 449 1,591 975 571 530
Professional fees		2,000
DBSfees		68
Admin fees Accountancy Depreciation		2,652 782 74	?10
		8,366	4,826
Total expenditure on charitable activities		45,677	46,039

services and are therefore not cou Tangible fixed assets	nted as em	ployees.
		Computer	Total
		Equipment
Cost
Balance at 1"October 2021
Additions during the year		402	402
Balance at31"November 2022		402	402
Accumulated Depreciation Balance at 1"October 2021
Charge for the year		74	74
Balance at31"November 2022		74	74
Net Book Value at 31"November	2022	328	328
Net BookValue at31"November	2021

reditors:	amo	unts falling due	within one year
			2022	2021
Accruals			788	1,060
Director's	loan	account	1,568	1,568
			2,356	2,628

					Tangible	Net Current	Total
			2022		Fixed Assets	Assets
	Unrestricted			Funds
	General	Fund			328	10,456	10,784
	Restricted		Funds
	National	Lottery Awards			for All	3,176	3,176
					328	13,632	13,960
					Tangible	Net Current	Total
			2021		Fixed	Assets
	Unrestricted			Funds	Assetsf	F
	General	Fund				1,785	1,785
9.	Unrestricted		Funds
						Movements	in the Year
					Reserves	Income	Expenditure	Reserves
			2022		at Beginning ofyear			at End ofyear
					E
	General	Fund			1,785	47,852	(38,853)	10,784
						Movements	in the Year
					Reserves	Income	Expenditure	Reserves
			2021		at Beginning ofyear F			at End ofyear E
	General	FUnd			3,192	44,632	(46,039)	1,785
	The General		Fund is used to finance the charitable			company's	general activities	as
	outlined	in the		Trustees'	Report.