##
|||Pages|
|---|---|---|
|Trusteer Annual Repoft||2to3|
|Independent
Examiners Repon||4|
|Statement of Financial Activities||5|
|Balance Sheet||6|
|Statement ofCnh flows||14|
|Notes to the Accounts||7to13|
|Detailed Statement of Financial|tivities|15to 16|
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##
##
##
|he Windmills
Found ation
tatement of Financial Activitie
orthe year ended 31 Arly 202|s
2|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|Total funds|Total funds|
|||2022|2022|2022|2021|
||Notes|||8|2|
|Income and endowments||||||
|from:
Charitable activities||24,060|6495|88,340|90,858|
|TOtal||24.060|64.280|88M|90,858|
|Expenditure
on:
Charitable
activities
Other||0
28,922|12.454
34%1|12,454
63~|26,164
48.141|
|Total||28,922|47,035||74WS|
|Net gains on investments
Net income||(4,862)|17245|12,383|16.553|
|Transfers between funds||||||
|Net Income before other||(4,862)|17345|12,383|16553|
|gains/(lOsses)||||||
|Other gains and losses
Net movement
in funds||(4.862)|17,245|12.383|16~|
|Reconciliation
offunds:||||||
|Total funds brought
forward
Total funds carried forward||66499
61,737|17745|66,599
78,982|50,046
66~|
##
|Current assets||||||
|---|---|---|---|---|---|
|Debtors|||7|1.942||
|Cash at bank and||in hand||77320|67%6|
|||||79.762||
|Creditors: Amount|falling due within one year||8|(780)|(627)|
|Net current assets||||78,982|66.599|
|Total assets less current liabilities||||78,982|66,599|
|Net assets excluding||pension asset or liability||78.982||
|Total net assets||||18.982||
|The funds ofthe charity||||||
|Restricted funds||||||
|Restricted income||funds||17,245||
|||||17745||
|Unrestricted
funds||||||
|General funds||||66.599||
|Deignatcd funds||||(4.862)||
|||||61.737||
|Reserves||||||
|Totalfunds||||78AN2||
##
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|Inst year and no chan|Inst year and no chan|Inst year and no chan|ges have been made toaccounts for previous years.||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Fund accounting|||||||||||
|Unrestricted||funds|These are available for use at the discretion ofthe trustees|||in furtherance||of|the||
||||general obiects ofthe charity.||||||||
|Designated||funds|These are unrestricted
funds earmarked
by the trustees|for particular purposes.|||||||
|Revaluation||funds|These are unrestricted
funds whish Include a revaluation||reserve representing|||||the|
||||restatement
ofinvestment
assets at their market values.||||||||
|Restricted|funds||These are avalhble for use sub)ect to restrictions
imposed|||bythe donor|or|through|||
||||terms ofan appeal.||||||||
|Income|||||||||||
|Recognition||of|Income isincluded
in the Statement of Financial Achvities|||(SoFA) when the charity|||||
|income|||becomes entitled to.and virtuagy certain to receive. the|income and the amount of|||||||
||||the income can be measured
with sufgcient 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 ofgrants, donations and gifts isinduded|||||in||the|
|legacies|||the SOFA when reCeivable
and Only when the Charity haS||unCOnditiOnal||entitlement||||
||||tothe income.||||||||
|Tax reciakns||on|Income from tax redaims isInduded
in the SoFAatthe same time asthe||||||||
|donations|and gifts||gift/donation
to which itrelates.||||||||
|Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)||||||||
|and faciliges|||where the benefit tothe Charity is reasonably
quantifiable,|||measurable|and||||
||||material.||||||||
|Volunteer|help||The value ofany volunteer
help received Isnot Included|in||the accounts.|||||
|Irwestment||income|ThiS iSinsiuded
ki the accounts when receivable.||||||||
|Gains/(losses)
on|||This includes any gain or IOss resulting
from revaluing
investments
to market||||||value||
|revaluation||offixed|at the end ofthe year.||||||||
|assets|||||||||||
|Gains/(kisses)
on|||TIus includes any gain or lOSS On the sale ofinvestmentS.||||||||
|investment||assets|||||||||
|The Windmills|Foundation||||
|---|---|---|---|---|
|Notes tothe Accounts|||||
|Expenditure|||||
|Recognition|of|Expenditure
is recognised
on an accruakr basis. Expenditure
indudes||any VATwhich|
|expenditure||cannot be fuly recovered. and isreported as part ofthe expenditure||to which it|
|||relates.|||
|Expenditure|on|These comprise the ctxna assoclaled with attracting
voluntaly|Income. fundralslng||
|raising funds||trading costs and investment
management
costs.|||
|Expenditure|on|These comprise the cOsts incurred
by the Charity in the delivery of its activities and|||
|charitable actvitles||services in the furtherance
ofits objects, Including the making|ofgrants and||
|||governance
costs.|||
|Grants payable||Ak grant expenditure
isaccounted for on an actual paid bash|plus an|accrual for|
|||grants that have been approved
by the trustees at the end of|the year but not yet||
|||pakL|||
|Governance|costs|These Include those costs associated with meeting the constitutional||and statutory|
|||requirements
ofthe Charity, including
any audit/Independent|examination
fees,||
|||costs linked tothe strategic management
ofthe Charity. together with ashare of|||
|||other administration
costs.|||
|Other expenditure||These are support costs not agocated to aparticular activity.|||
##
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##
##
##
##
|2|Statement|o|f Financial|Ac|tivities - prior y|ear||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted||
||||||||funds|funds|Totalfunds|
||||||||2021|2021|2021|
||||||||||2|
|Income and endowments||||from:||||||
||Donations|and legacies||||||54.435|90,858|
|Total||||||||||
|Expenditure
on:||||||||||
||Charitable|acbvities|||||1,000|25.164|26.164|
||Other||||||13,001|35,140|48,141|
|Total|||||||14,001|60.304|74~|
|Net|income|||||||(5.869)|16.553|
|Net income before other
gales/Oosses)||||||||(5.869)|16,553|
|Other gains and|||losses:|||||||
|Net|movement|in funds|||||22,422|(5,869)|16.553|
|Recondiiatlon||offunds:||||||||
|Total funds brought forward|||||||||50.046|
|Total funds carried forward|||||||72,468|(5.869)|66.599|
|3|Income from charitable activities|||||||||
|||||||Unrestricted|Restricted|Total|Total|
|||||||||2022|2021|
|||||||2||2|2|
||Learning Resources|||||24.060||88,340|90.858|
|||||||24.060|64280|88klg|90.858|
|4|Expenditure||on charitable||activities|||||
|||||||Unrestricted|Restricted|Total|Total|
|||||||||2022|2021|
|||||||||2||
||&pendifuru||on charftabie|||||||
||achwhas|||||||||
||Learning Resources
Programme
Mentorlng||||||11,150
1~|11,150
1,304|23,664
2,500|
||Governance||costs|||||||
|||||||0|12,454|12,454|26,164|
||||Unrestricted||Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||6|9|6|R|
||Employee costs||27A29||26.922|54&1|41,784|
||Motor and travel costs
Premises costs
General admiristrative|costs|0
1~
143||1.226
5,707|1,226
1~
5,850|19
5~|
||Legal and professional|costs|||726|726|780|
||||28%2||34.581|63~|48,141|
|6|Staff costs|||||||
||||||2022||2021|
||Salaries and wages||||53.782||41N4|
||Pension costs||||429||260|
||||||54,211||41,784|
||NO employee
received|emoluments|in excess of260.000.|||||
|7|Oebtors|||||||
||||||2022|||
||||||2|||
||Other debtors||||1,942|||
||||||1,942|||
|8|Creditors:|||||||
||amounts
falling due within one year|||||||
||||||2022||2021|
||||||P.||E|
||Other 1axes and mial|security|||697||546|
||Other creditors||||83||81|
||||||780||627|
##
||||||Incoming|||
|---|---|---|---|---|---|---|---|
||||||resources|||
||||||(including|Resources|At 31July|
||||||other|expended|2022|
|||||At 1 Auguat|galnc/IOSSec|||
|||||2021|)|||
||||||9|||
|Restricted||funds:||||||
|Restricted||Income funds:||||||
|Lottery|Grants||||64,280|(47,035)|17,245|
|Total|||||64,280|(47,035)|17.245|
|Unrestricted|||funds:|||||
|General|funds|||||||
|Designated|||fundr.|||||
|Grants|ILDonations||||24.060|(28,922)|(4,862)|
|Total|||||24.060|(28,922)|(4~)|
|Total funds||||66.599|N.340|~15.95|78,982|
##
|||||A'l|1|Allguct||At 31Arly|
|---|---|---|---|---|---|---|---|---|
|||||||2021|Cash flows|2022|
|||||||2|||
|Cash|and|cash|equivalents|||67.226|10.594|T/.820|
|||||||67,226|10.594|77,820|
|Net|debt|||||67226|10,594|77.820|
##
##
|||2022|202'I|
|---|---|---|---|
|Cash flows from operating
activities||||
|Net income per Statement ofFinancial Activities||12M|16,553|
|Adjustments
for.||||
|Other gains/losses||||
|Increase in trade and other receivables||(1,942)||
|Increase Intrade and other payables||153||
|Net cash provided
by operating
activities||10594|17.180|
|Net cash from investing activities||||
|Net cash frOm financing
aCtivltles||||
|Net increase in cash and cash equivalents|||17,180|
|Cash and cash equivalents
at the beginning|ofthe year|||
|Gash and cash equivalents
at the end ofthe|year||17,180|
|Components
ofcash and cash equivalents||||
|Cash and bank balances|||67,226|
||||||Unrestrfcte|Restricted|||
|---|---|---|---|---|---|---|---|---|
||||||d funds|funds|Total funds|Total funds|
||||||2022|2022|2022|202f|
||||||E|f.'|E'||
|Income and endowments||||from:|||||
|Charitable
activities|||||||||
|Learning Resources|||||24.060|64780|88,340|90,858|
||||||24.060|64,280|8L340|90,858|
|Total Income and endowments|||||24.060|64.280|8L340|90.858|
|Expenditure
on:|||||||||
|Charitable
activities|||||||||
|Learning Resources
Programme
Mentorlng|||||0|11,150
I~|11.150
1%4|23,664
2~|
||||||0|12,454|12.454|26,164|
|Total ofexpenditure
activities||on charitable|||0|12,454|12454|26,164|
|Employee coats|||||||||
|Salarieslwages|||||27,000|26,782|53.782|41,524|
|Pension costs|||||429||429|260|
|Staff training||||||140|140||
|||||||26%2|54351|41,784|
|Motor and travel costs|||||||||
|Travel and subsistence||||||1.226|1,228|19|
||||||0|1,226|1,226|19|
|Premises costs|||||||||
|Ught. heat and power|||||1%0
1%0||1'||
|General administrative|||costs,||||||
|including
depredation|||and||||||
|amortisation|||||||||
|Bank charges|||||143|||119|
|General insurances|||||0|323||27|
|Information
and pubgsations||||||||1,880|
|Software, ITsupport
cosls||and||related|0|4.463||3,438|
|Stationery and printing|||||0|745|745|50|
|Telephone, fax and||broadband|||0|176|176||
||||||143|5,707||5,558|
|Legal and professional|||costs||||||
|ACCOuntancy
and bookkeeping||||||726|726|780|
|||||||726|726|780|
|Total ofexpenditure|of||other costs||28.922|34,581|63.503|48,141|
|Total expenditure|||||28.922|47,035||74.305|
|Net gains on investments|||||
|---|---|---|---|---|
|Net Income|(4.862)|17,245|12,383|16,553|
|Net Income before other
gales/(losses)|(4,862)|17.245|12.383|16,553|
|Other Gains|||||
|Net movement
in funds|(4,862)|17245|1K383|16.553|
|Reconciliation
offunds:|||||
|Total funds brought
forward|66,599||66,599|50,046|
|Total funds carried forward|61,737|17.245|78.982|66.599|