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|Reference
and Administrative|Details||
|---|---|---|
|Trustees' Report||2 to 9|
|Statement ofResponsibilities||10|
|Independent
Auditors'
Report||11 to 13|
|Statement ofFinancial
Activities||14|
|Balance Sheet||15|
|Statement ofCash Flows||16|
|Notes to the Financial
Statements||17to 24|
##
||||Project Orchid Limite|Project Orchid Limite|Project Orchid Limite|d|
|---|---|---|---|---|---|---|
||||Reference and Administrative|||Details|
|Trustees|||Ms D A Rive,|Joint Chair|||
||||Mr JS Ssentongo, Joint Chair||||
||||Ms C Belaman||||
||||Mr J Drummond||||
||||Ms C Esser||||
||||Ms D K Farag||||
||||Ms A M H Meyer||||
||||Ms EPaulson||||
||||Dr C Presern||||
|Secretary|||Mr H A Khan||||
|Chief Executive Officer|||Mrs Asenath
Mwithigah||||
|Charity Registration||Number|1141057||||
|Company|Registration|Number|07467568||||
||||The charity
is|incorporated|in|England.|
|Registered|Office||The Foundry||||
||||17-19Oval Way||||
||||London||||
||||SE115RR||||
|Auditor'|||KM||||
||||Chartered
Accountants||||
||||1stFloor, Block C||||
||||The Wharf||||
||||Manchester
Road||||
||||Bumley||||
||||Lancashire||||
||||BBl1 1JG||||
|Solicitors:|||Hogans Lovel|1 International|LLP||
||||Atlantic House||||
||||Holborn Viaduct||||
||||London||||
||||EC1A 2FG||||
|Bankers|||Co-operative|Bank|||
||||1 Balloon Street||||
||||Manchester||||
||||M60 4EP||||
||||Nationwide
Building Society||||
||||80 StJames Street||||
||||Bumley||||
||||Lancashire||||
||||BB111PH||||
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##
##
|||||2023|2022|
|---|---|---|---|---|---|
||||Note|f,||
|Current
assets||||||
|Debtors||||||
|Cash at bank and in hand|||13|99,676|60,570|
|||||930,772|650,873|
|Creditors: Amounts||falling due within one year|14|1,030,448
~197,944)|7 I 1,443
(252,861)|
|Net assets||||||
|||||032,304|458,582|
|Funds ofthe charity:||||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||||
|||||832,504|458,582|
|Total funds|||16|832,504|458,582|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
||||Note|||
|Cash flows from operating|activities|||||
|Net cash income||||373,922|222,830|
|Adjustments
to cash flows from non-cash||items||||
|Investment
income||||(909)|(82)|
|||||373,013|222,748|
|Worldng
capital adjustments||||||
|(Increase)/decrease
in debtors|||13|(39,106)|394,785|
|Increase
in creditors|||14|39,463|52,418|
|Decrease
in deferred income||||(94,380)|(453,415)|
|Net cash flows from operating|activities|||278,990|216,536|
|Cash flows from investing
activities||||||
|interest receivable
and similar|income|||909|82|
|Net increase
in cash and cash|equivalents|||279,899|216,618|
|Cash and cash equivalents
at|1 April|||650,873|434,255|
|Cash and cash equivalents
at|31 March|||930,772|650,873|
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|3
Income|fro|m donations
and legacies||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total|Total|
||||General|2023|2022|
|Donations|and|legacies;||||
|Appeals|and|donations|72,314|72,314|90,093|
|Legacies|||21,617|21,617|169,993|
||||93,931|93,931|260,086|
##
##
|4|Inc|ome from||ch|aritable||activities|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unresh icted||||
|||||||||||Total|Total|
|||||||||General|Resh icted|2023|2022|
|Grants||and contracts||||||717,978|695,115|1,413,093|1,168,069|
|5|Investment||income|||||||||
||||||||||Unrestricted|||
||||||||||funds|Total|Total|
||||||||||General|2023|2022|
|Interest||receivable||and similar|||income;|||||
||Interest receivable||||on bank||deposits||909|909||
|6|Expenditure|||on|raising|funds||||||
##
|||Unrestricted||||
|---|---|---|---|---|---|
|||||Total|Total|
|||General|Restricted|2023|2022|
|Staff|costs|23,986|53,469|77,455|72,531|
|Other|costs|8,558||8,558|4,279|
|||32,544|53,469|86,013|76,810|
||||Unrestricted||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||General|Restricted|2023|2022|
|||Note|||||
|Staff costs|||51,053|139,001|190,054|331,851|
|Governance|costs||4,250||4,250|3,900|
|Other costs|||431,197|502,645|933,842|821,619|
||||486,500|641,646|1,128,146|1,157,370|
##
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##
|||Vnrestricted|||
|---|---|---|---|---|
|||funds|Total|Total|
|||General|2023|2022|
|Audit fees|||||
|Audit ofthe financial|statements|4,250|4,250|3,900|
|||4,250|4,250|3,900|
##
##
|The aggregate
payr|oll costs were as follows:|||
|---|---|---|---|
|||2023|2022|
|Staff costs dur'lng|the year were:|||
|Wages and salaries||302,357|355,594|
|Social security costs||28,442|34,627|
|Pension costs||11,710|14,161|
|||342,509|404,382|
|2023|2022|
|---|---|
|No|No|
|2023|2022|
|---|---|
|No|No|
##
##
|11 A|uditors'|remune|ration|||
|---|---|---|---|---|---|
|||||2023|2022|
|Audit|ofthe|financial|statements|4,250|3,900|
##
##
|13 Debtors|||
|---|---|---|
||2023|2022|
|Trade debtors|94,041|50,784|
|P repayments|2,681|560|
|Accrued income||9,226|
|Other debtors|2,954||
||99,676|60,570|
|14 Creditors|||
||2023|2022|
|Trade creditors|5,720|43,459|
|Other taxation and social security|6,284|8,846|
|Other creditors|1,755||
|Accruals|100,753|22,744|
|Deferred income|83,432|177,812|
||197,944|252,861|
##
##
##
|16 Funds|||||||
|---|---|---|---|---|---|---|
||||Balance at 1|Incoming|Resources|Balance at 31|
||||April 2022|resources|expended|March 2023|
|Unrestricted||funds|||||
|General|||458,582|892,966|(519,044)|832,504|
|Restricted|funds|||695,115|(695,115)||
|Total funds|||458,582|1,588,081|(1,214,159)|832,504|
||||Balance at 1|Incoming|Resources|Balance at 31|
||||April 2021|resources|expended|March 2022|
|Unrestricted||funds|||||
|General|||235,752|508,737|(285,907)|458,582|
|Restricted|funds|||919,500|(919,500)||
|Total funds|||235,752|1,428,237|(1,205,407)|458,582|
##
##
|||Unrestricted|||
|---|---|---|---|---|
|||General|Restricted|Total funds|
|2023|||||
|Cu&Tent|assets|864,574|165,874|1,030,448|
|Cun cut|liabilities|114,512)|83,432|197,944|
|Total net assets||750,062|82,442|832,504|
|||Unrestricted|||
|||General|Restricted|Total funds|
|2022|||||
|Current|assets|524,405|187,038|711,443|
|Current|liabilities|(65,823)|( l87,038)|(252,861)|
|Total net assets||458,582||458,582|