| Pages | |||||
|---|---|---|---|---|---|
| Trustees' Annual Report |
2to7 | ||||
| Independent Examiner's |
Report | ||||
| Statement of Financial Activities |
|||||
| Summary Income and Expenditure |
Account | 10 | |||
| Balance Sheet | |||||
| Statement of Cash flows |
12 | ||||
| Notes to the Accounts | 13to | 20 | |||
| Detailed Statement of Financial | Activities | 21to | 22 |
| Statement of for the year |
Financial Activiti ended 31March |
es 2023 |
||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Notes | f | f | f | |||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and legacies | 5,536 | 5,536 | 108 | ||
| Charitable | activities | 100,796 | 647,767 | 748,563 | 714,832 | |
| Investments | 980 | 980 | 3 | |||
| Other | 15,831 | |||||
| Total | 107,312 | 647,767 | 755,079 | 730,774 | ||
| Expenditure | on: | |||||
| Charitable | activities | 120,743 | 405,202 | 525,945 | 394,646 | |
| Other | 14,349 | 14,349 | ||||
| Total | 135,092 | 405,202 | 540,294 | 394,646 | ||
| Net gains on | investments | |||||
| Net income | 10 | (27,780) | 242,565 | 214,785 | 336,128 | |
| Transfers between funds |
||||||
| Net income gains/(losses) |
before other | (27,780) | 242,565 | 214,785 | 336,128 | |
| Other gains | and losses | |||||
| Net movement: in funds |
(27,780) | 242,565 | 214,785 | 336,128 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward | 339,181 | 239,061 | 578,242 | 242,114 | ||
| Total funds | carried forward | 311,401 | 481,626 | 793,027 | 578,242 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f | f | |||
| Income | 754,099 | 730,771 | ||
| Interest and | investment | income | 980 | |
| Gross income for the year | 755,079 | 730,774 | ||
| Expenditure | 525,945 | 394,646 | ||
| Depreciation | and charges | for | ||
| impairment | offixed assets | 14,349 | ||
| Total expenditure for the year |
540,294 | 394,646 | ||
| Net income | before tax for the year | 214,785 | 336,128 | |
| Net income | for the year | 214,785 | 336,128 |
| at 31March 202 | 3 | 3 | 3 | 3 | |||
|---|---|---|---|---|---|---|---|
| Company No. |
07557852 | Notes | 2023 | 2022 | |||
| f | f | ||||||
| Fixed assets | |||||||
| Tangible assets | 12 | 76,62& | 51,000 | ||||
| 76,628 | 51,000 | ||||||
| Current assets | |||||||
| Debtors | 13 | 33,739 | 40,618 | ||||
| Cash at bank | and | in hand | 693,164 | 537,864 | |||
| 726,903 | 578,482 | ||||||
| Creditors: Amount | falling due within one year | 14 | (10,504) | (51,240) | |||
| Net current assets | 716,399 | 527,242 | |||||
| Total assets less | current | liabilities | 793,027 | 578,242 | |||
| Net assets excluding | pension asset or liability | 793,027 | 578,242 | ||||
| Total net assets | 793,027 | 578,242 | |||||
| The funds ofthe | charity | ||||||
| Restricted funds | 16 | ||||||
| Restricted income |
funds | 481,626 | 239,061 | ||||
| 481,626 | 239,061 | ||||||
| Unrestricted funds |
16 | ||||||
| General funds | 311,401 | 339,181 | |||||
| 311,401 | 339,181 | ||||||
| Reserves | 16 | ||||||
| Total funds | 793,027 | 578,242 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f | ||
| Cash flows from operating | activities | ||
| Net income per Statement | of Financial Activities | 214,785 | 336,128 |
| Adjustments for: |
|||
| Depreciation ofproperty, plant and equipment |
14,349 | ||
| Dividends, interest and |
rents from investments | (980) | |
| Decrease/(Increase) in trade and other receivables |
6,879 | (29,559) | |
| (Decrease)/Increase in trade and other payables |
(40,736) | 50,000 | |
| Net cash provided by operating activities |
194,297 | 356,569 | |
| Cash flows from investing | activities | ||
| Payments for property, |
plant and equipment | (39,977) | (51,000) |
| Dividends, interest and |
rents from investments | 980 | |
| Net cash used in investing | activities | (38,997) | (51,000) |
| Net cash from financing activities |
|||
| Net increase in cash and cash equivalents |
155,300 | 305,569 | |
| Cash and cash equivalents | at the beginning ofthe year |
537,864 | 232,295 |
| Cash and cash equivalents | at the end ofthe year | 693,164 | 537,864 |
| Components ofcash and cash equivalents |
|||
| Cash and bank balances | 693,164 | 537,864 | |
| 693,164 | 537,864 |
| since last year and n | since last year and n | since last year and n | since last year and n | o changes have been made to accounts for pr |
evious years | . | ||
|---|---|---|---|---|---|---|---|---|
| Fund accounting | ||||||||
| Unrestricted | funds | These are available for use at the discretion | ofthe trustees in furtherance |
of | ||||
| the general objects ofthe charity. | ||||||||
| Designated | funds | These are unrestricted funds earmarked by |
the trustees | for particular | ||||
| purposes. | ||||||||
| Revaluation | funds | These are unrestricted funds which include |
a revaluation | reserve representing | ||||
| the restatement ofinvestment assets at their market values. |
||||||||
| Restricted funds | These are available for use subject to restrictions imposed by the donor |
or | ||||||
| through terms of an appeal. |
||||||||
| Income | ||||||||
| Recognition | of | Income is included in the Statement of Financial Activities (SoFA) when the |
||||||
| income | charity becomes entitled to, and virtually certain to receive, the income |
and | ||||||
| the amount ofthe income can be measured | with sufficient reliability. |
|||||||
| Income with | related | Where income has related expenditure the |
income and | related expenditure | is | |||
| expenditure | reported gross in the SoFA. |
|||||||
| Donations | and | Voluntary income received by way of grants, |
donations | and gifts is included | in | |||
| legacies | the the SoFA when receivable and only when the Charity has unconditional |
|||||||
| entitlement to the income. |
||||||||
| Tax reclaims | on | Income from tax reclaims is included in the |
SoFA at the | same time as the | ||||
| donations | and | gifts | gift/donation to which it relates. |
|||||
| Donated services | These are only included in income (with an |
equivalent amount in expenditure) |
||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, measurable |
and | ||||||
| material. | ||||||||
| Volunteer | help | The value ofany volunteer help received is |
not included | in the accounts. | ||||
| Investment | income | This is included in the accounts when receivable. |
||||||
| Gains/(losses) | on | This includes any gain or loss resulting from |
revaluing investments to market |
|||||
| revaluation | of | fixed | value at the end ofthe year. | |||||
| assets | ||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale of |
investments. | |||||
| investment | assets |
| Unrestricted | Restricted | Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||||||
| 2022 | 2022 | 2022 | |||||||||
| f | f | ||||||||||
| Income and endowments | from: | ||||||||||
| Donations | and | legacies | 108 | 108 | |||||||
| Charitable | activities | 381,152 | 333,680 | 714,832 | |||||||
| Investments | 3 | 3 | |||||||||
| Other | 15,831 | 15,831 | |||||||||
| Total | 397,094 | 333,680 | 730,774 | ||||||||
| Expenditure | on: | ||||||||||
| Charitable | activities | 261,458 | 133,188 | 394,646 | |||||||
| Total | 261,458 | 133,188 | 394,646 | ||||||||
| Net | income | 135,636 | 200,492 | 336,128 | |||||||
| Net income before gains/(losses) |
other | 135,636 | 200,492 | 336,128 | |||||||
| Other gains and | losses: | ||||||||||
| Net | movement | in funds | 135,636 | 200,492 | 336,128 | ||||||
| Reconciliation | offunds: | ||||||||||
| Total funds brought | forward | 203,545 | 38,569 | 242,114 | |||||||
| Total funds carried | forward | 339,181 | 239,081 | 578,242 | |||||||
| 4 | Income from donations | and legacies | |||||||||
| Unrestricted | Tot:al | Total | |||||||||
| 2023 | 2022 | ||||||||||
| f | f | ||||||||||
| 5,536 | 5,536 | 108 | |||||||||
| 5,536 | 5,536 | 108 | |||||||||
| 5 | Income from charitable | activities | |||||||||
| Unrestricted | Restricted | Tot:al | Total | ||||||||
| 2023 | 2022 | ||||||||||
| Projects | and | Administration | 100,796 | 647,767 | 748,563 | 714,832 | |||||
| 100,796 | 647,767 | 748,563 | 714,832 |
| 6 | Income from | investment | s | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| Bank interest | receivable | 980 | 980 | |||||
| 980 | 980 | |||||||
| 7 | Other income | |||||||
| Tota I | Tota I | |||||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Coronavirus scheme |
Job Retention | 15,831 | ||||||
| 15,831 | ||||||||
| 8 | Expenditure | on charitable | activities | |||||
| Unrestricted | Restricted | Total | Total | |||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Expenditure | on charitable | |||||||
| acti vities | ||||||||
| Projects and | Administration | 120,395 | 405,202 | 525,597 | 394,322 | |||
| Governance | costs | |||||||
| Independent | Examiners | fee | 348 | 348 | 324 | |||
| 120,743 | 405,202 | 525,945 | 394,646 | |||||
| 9 | Other expenditure | |||||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Amortisation, | depreciation, | |||||||
| impairment, | profit/loss | on | 14,349 | 14,349 | ||||
| disposal offixed assets | ||||||||
| 14,349 | 14,349 | |||||||
| 10 | Net income | before transfers | ||||||
| 2023 | 2022 | |||||||
| This is stated | after charging: | f | ||||||
| Depreciation | ofowned | fixed assets | 14,349 |
| The average monthly number of full time equiva |
lent employees during the ye |
ar was a | s foll | ows: | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Number | Number | ||||
| Charitable Activities |
16 | ||||
| 21 | 16 | ||||
| Leasehold | Motor | ||||
| 12 | Tangible fixed assets | Property | Vehicles | Total | |
| f | f | ||||
| Cost or revaluation | |||||
| At 1April 2022 | 51,000 | 51,000 | |||
| Additions | 39,977 | 39,977 | |||
| At 31March 2023 | 39,977 | 51,000 | 90,977 | ||
| Depreciation and |
|||||
| impairment | |||||
| Depreciation charge for the |
1,599 | 12,750 | 14,349 | ||
| year | |||||
| At 31March 2023 | 1,599 | 12,750 | 14,349 | ||
| Net book values | |||||
| At 31March 2023 | 38,378 | 38,250 | 76,628 | ||
| At 31March 2022 | 51,000 | 51,000 | |||
| 13 | Debtors | ||||
| 2023 | 2022 | ||||
| f | |||||
| Trade debtors | 28,528 | 40,618 | |||
| Other debtors | 5,108 | ||||
| Prepayments and accrued income |
103 | ||||
| 33,739 | 40,618 | ||||
| 14 | Creditors: | ||||
| amounts falling due within one year |
|||||
| 2023 | 2022 | ||||
| f | f | ||||
| Other creditors | 5,986 | 50,400 | |||
| Accruals | 4,518 | 840 | |||
| 10,504 | 51,240 | ||||
| 15 | Deferred Income | ||||
| Movement ofthe deferred income shown in Creditors: amounts falling due within one | year | ||||
| 2023 | 2022 | ||||
| f | |||||
| At 1April | 400 | ||||
| Released in current year |
(400) |
| Incoming | |||||||
|---|---|---|---|---|---|---|---|
| resources | At 31 | ||||||
| Resources | |||||||
| At 1April | {including other |
expended | March 2023 |
||||
| 2022 | gains/losses) | ||||||
| f | |||||||
| Restricted funds: | |||||||
| Restricted income funds: | |||||||
| Forest | Youth | g Community | |||||
| Hub | 75,000 | 37,500 | (47,654) | 64,846 | |||
| Digita | I Inclusion | 157,000 | (20,995) | 136,005 | |||
| Going | Extra | Mile | 35,378 | (29,700) | 5,678 | ||
| Forest | Youth | Association | 46,200 | 40,401 | (31,885) | 54,716 | |
| Digita | I Hubs | 51,940 | 44,831 | (35,176) | 61,595 | ||
| Holiday Activity and Food | |||||||
| Programme | 92,221 | (65,981) | 26,240 | ||||
| Barnwood Trust | -For My | ||||||
| Networks | 5,000 | 60,000 | (34,714) | 30,286 | |||
| Other | restricted | funds | 60,921 | 180,436 | (139,097) | 102,260 | |
| Total | 239,061 | 647,767 | (405,202) | 481,626 | |||
| Unrestricted | funds: | ||||||
| General funds | 339,181 | 107,312 | (135,092) | 311,401 | |||
| Total | funds | 578,242 | 755,079 | (540,294) | 793„027 |
| Barnwood Trust -For My | Barnwood Trust -For My | The facilitation | of a | Mental | Mental | Health | Health | Alliance in the |
Forest of Dean, | Forest of Dean, | Forest of Dean, | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Networks | consisting of individuals, | groups, | and organisations | that support | |||||||||
| people with mental | health | challenges. | |||||||||||
| Other restricted | funds | Promote any charitable | purpose | in | the area of benefit, principally but |
||||||||
| not exclusively | in the area | currently | administered | by the Forest | of | ||||||||
| Dean District Council, especially | in | relation to the | advancement | of | |||||||||
| education, the |
protection | of health | and relief of | poverty, sickness and | |||||||||
| distress. | |||||||||||||
| 17 | Analysis ofnet | assets between funds | |||||||||||
| Unrestricted | Restricted | ||||||||||||
| Total | |||||||||||||
| funds | funds | ||||||||||||
| f | f | ||||||||||||
| Fixed assets | 76,628 | 76,628 | |||||||||||
| Net current assets | 722,385 | (5,986) | 716,399 | ||||||||||
| 722,385 | 70,642 | 793,027 | |||||||||||
| 18 | Reconciliation | ofnet debt | |||||||||||
| At 31 | |||||||||||||
| At 1April | Cash | March | |||||||||||
| 2022 | flows | 2023 | |||||||||||
| f | f | f | |||||||||||
| Cash and cash | equivalents | 537,864 | 155,300 | 693,164 | |||||||||
| 537,864 | 155,300 | 693,164 | |||||||||||
| Net debt | 537,864 | 155,300 | 693,164 |
| Unrestricted | Restricted | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | Total funds | Total funds | |||||
| 2023 | 2023 | 2023 | 2022 | |||||
| f | f | f | f | |||||
| Income and endowments | from: | |||||||
| Donations and legacies |
||||||||
| 5,536 | 5,536 | 108 | ||||||
| 5,536 | 5,536 | 108 | ||||||
| Charitable activities |
||||||||
| Projects and Administration | 100,796 | 647,767 | 748,563 | 714,832 | ||||
| 100,796 | 647,767 | 748,563 | 714,832 | |||||
| Investments | ||||||||
| Bank interest receivable | 980 | 980 | ||||||
| 980 | 980 | |||||||
| Other | ||||||||
| Coronavirus Job Retention |
scheme | 15,831 | ||||||
| 15,831 | ||||||||
| Total income and endowments | 107,312 | 647,767 | 755,079 | 730,774 | ||||
| Expenditure on: |
||||||||
| Charitable activities |
||||||||
| Projects and Administration | 120,395 | 405,202 | 525,597 | 394,322 | ||||
| 120,395 | 405,202 | 525,597 | 394,322 | |||||
| Governance costs |
||||||||
| Independent Examiners |
fee | 348 | 348 | 324 | ||||
| 348 | 348 | 324 | ||||||
| Total of expenditure activities |
on | charitable | 120,743 | 405,202 | 525,945 | 394,646 | ||
| General administrative | costs, | |||||||
| including depreciation |
and | |||||||
| amortisation | ||||||||
| Depreciation of land and buildings |
1,599 | 1,599 | ||||||
| Depreciation of Motor |
Vehicles | 12,750 | 12,750 | |||||
| 14,349 | 14,349 | |||||||
| Total of expenditure | of | other costs | 14,349 | 14,349 | ||||
| Total expenditure | 135,092 | 405,202 | 540,294 | 394,646 | ||||
| Net gains on investments | ||||||||
| Net income | (27,780) | 242,565 | 214,785 | 336,128 | ||||
| Net income before gains/(losses) |
other | (27,780) | 242,565 | 214,785 | 336,128 |