2023-07-31-accounts - The Windmills Foundation

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		Pages
Trustees' Annual Report		Sto3
IndependentExaminer's	Report
Statement of Financial Activities
Balance Sheet
Statement of Cash flows		14
Notes to the Accounts		7to13
Detailed Statement of Financial Activities		15to 16

The Windmills Foundation	The Windmills Foundation	The Windmills Foundation
Balance Sheet
at 31 July 2023
Charity No. 1141900					2023	2022
					9	2
Current assets
Debtors				7	1,912	1,942
Cash at bank and		in hand			104,704	77,820
					106,616	79,762
Creditors: Amount	falling due within		one year	8	(633)	(780)
Net current assets					105,983	78,982
Total assets less current liabilities					105,983	78,982
Net assets excluding		pension asset	or liability		105,983	78,982
Total net assets					105,983	78,982
The funds ofthe charity
Restricted funds
Restricted income		funds			27,002
					27,002
Unrestricted funds
General funds					78,981	78,981
					78,981	78,981
Reserves
Total funds					105,983	78,981

							Unrestricted	Restricted
							funds	tunds	Total funds
							2022	2022	2022
								2	f
Income and endowments				from:
	Charitable activities						24,060	64,280	88,340
Total							24,060	64,280	88,340
Expenditure on:
	Charitable activities						0	12,454	12,454
	Other						28,922	34,581	63,503
Total							28,922	47,035	75,957
Net	income						(4,862)	17,245	12,383
Net income before gains/(losses)			other				(4,862)	17,245	12,383
Other gains and		losses:
Net	movement	in funds					(4,862)	17,245	12,383
Reconciliation of funds:
Total funds brought			forward				66,599		66,599
Total funds carried			forward				61,737	17,245	78,982
3	Income from charitable				activities
							Restricted	Total	Total
								2023	2022
								2	8
	Learning Resources						99,940	99,940	88,340
							99,940	99,940	88,340
4	Expenditure	on	charitable			activities
							Restricted	Total	Total
								2023	2022
	Expenditure	on	charitable
	activities
	Learning Resources								11,150
	Programme	Mentoring					6,115	6,115	1,304
	Governance	costs
							6,115	6,115	12,454

						Incoming
						resources
						(including	Resources	At 31 July
						other	expended	2023
					At 1 August	gains/losses
					2022	)
						8
	Restricted	funds:
	Restricted	income funds:
	Lottery Grants					87,765	(72,938)	14,827
	Grants &	Donations				12,175		12,175
	Total					99,940	(72,938)	27,002
	Unrestricted		funds:
	General funds				78,981			78,981
	Total funds				78,981	99,940	(72,938)	105,983
	Purposes	and		restrictions	in relation to the funds:
	Restricted	funds:
	Lottery Grants
	Grants 8	Donations
10	Analysis of net assets between funds
							Unrestricted
								Total
							funds
							6
	Net current assets						105,983	105,983
							105,983	105,983
11	Reconciliation			of net debt
						At 1 August		At 31 July
						2022	Cash flows	2023
						2	8	2
	Cash and	cash		equivalents		77,820	26,884	104,704
						77,820	26,884	104,704
	Net debt					77,820	26,884	104,704

Annual co	mmitments under non-cancegable	operating leases are	as follows:
		2023	2023	2022	2022
		Land and	Other	Land and	Other
		buildings f	f	buildings f
Operating	leases with expiry date:
Pension commitments
			2023		2022
			f		f
The pension cost charge to the charity
amounted	to:		463		429

		2023	2022
Cash flows from operating activities
Net income per Statement of Financial Activities		27,002	12,383
Adjustments for:
Decrease/(Increase) in trade and other receivables		30	(1,942)
(Decrease)/Increase in trade and other payables		(147)	153
Net cash provided by operating activities		26,885	10,594
Net cash from investing activities
Net cash from financing activities
Net increase in cash and cash equivalents		26,885	10,594
Cash and cash equivalents at the beginning	ofthe year	77,820	67,226
Cash and cash equivalents at the end ofthe year		104,705	77,820
Components of cash and cash equivalents
Cash and bank balances		104,704	77,820
		104,704	77,820

					Restricted
					funds	Total funds	Total funds
				2023	2023	2023	2022
				8	8	8	f
Income and endowments			from:
Charitable activities
Learning Resources					99,940	99,940	88,340
					99,940	99,940	88,340
Total Income and endowments					99,940	99,940	88,340
Expenditure on:
Charitable activities
Learning Resources							11,150
Programme Mentoring					6,115	6,115	1,304
					6,115	6,115	12,454
Total of expenditure activities		on	charitable		6,115	6,115	12,454
Employee costs
Salaries/wages					56,023	56,023	53,782
Pension costs					463	463	429
Staff training							140
					56,486	56,486	54,351
Motor and travel costs
Travel and subsistence					480	480	1,226
					480	480	1,226
Premises costs
Light, heat and power					2,400	2,400	1,350
					2,400	2,400	1,350
General administrative			costs,
including depreciation			and
amortisation
Bank charges					146	146	143
General insurances					341	341	323
Software, ITsupport		and related			4,477	4,477	4,463
costs
Stationery and printing					99	99	745
Telephone, fax and		broadband					176
					5,063	5,063	5,850
Legal and protessional			costs
Accountancy and bookkeeping					2,100	2,100	726
Other legal and professional					294	294
costs
					2,394	2,394	726
Total of expenditure	of		other costs		66,823	66,823	63,503

The Windmills Foundation
Detailed Statement of Financial Activities
Total expenditure		72,938	72,938	75,957
Net gains on investments
Net Income		27,002	27,002	12,383
Net income before other		27,002	27,002	12,383
gains/(losses)
Other Gains
Net movement in funds		27,002	27,002	12,383
Reconciliation oftunds:
Total funds brought forward	78,981		78,981	66,599
Total funds carried forward	78,981	27,002	105,983	78,982