|Offices at:||
|---|---|
|SHREWSBURY|Tel: (01743) 241581|
|LUDLOW|Tel: (01584) 875715|
|NEWTOWN|Tel: (01686) 626534|
|WREXHAM|Tel: (01978) 310600|
|KNIGHTON|Tel: (01547) 328383|
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|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|3|
|Independent Examiner's Report||4||
|Statement of Financial Activities||5||
|Balance Sheet|6|to|7|
|Notes to the Financial Statements|8|to|1 3|
|Detailed Statement of Financial Activities||14||
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|||**28.2.23**|28.2.22|
|---|---|---|---|
|||**Unrestricted**|Total|
|||**fund**|funds|
||Notes|||
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies|2|**168,114**|156,418|
|Investment income|3|**20**|2|
|**Total**||**168,134**|156,420|
|**EXPENDITURE ON**||||
|Raising funds|4|**152,352**|142,162|
|Other||**228**|**304**|
|**Total**||**152,580**|142,466|
|**NET INCOME**||**15,554**|13,954|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward||**62,446**|48,492|
|**TOTAL FUNDS CARRIED FORWARD**||**78,000**|62,446|
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|||**28.2.23**|28.2.22|
|---|---|---|---|
|||**Unrestricted**|Total|
|||**fund**|funds|
||Notes|||
|**FIXED ASSETS**||||
|Tangible assets|**7**|**685**|913|
|Investments|8|1||
|||**686**|**914**|
|**CURRENT ASSETS**||||
|Debtors|**9**|**112,636**|102,255|
|Cash at bank||**116,750**|101,146|
|||**229,386**|203,401|
|**CREDITORS**||||
|Amounts falling due within one year|10|**(152,072)**|(141,869)|
|**NET CURRENT ASSETS**||**77,314**|61,532|
|**TOTAL ASSETS LESS CURRENT**||||
|**LIABILITIES**||**78,000**|62,446|
|**NET ASSETS/(LIABILITIES)**||**78,000**|62,446|
|**FUNDS**|11|||
|Unrestricted funds||**78,000**|62,446|
|**TOTAL FUNDS**||**78,000**|62,446|
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|||**28.2.23**|**28.2.22**|
|---|---|---|---|
||Donations|**126,596**|125,069|
||Gift Aid receivable|**41,518**|31,349|
|||**168,114**|156,418|
|**3.**|**INVESTMENT INCOME**|||
|||**28.2.23**|28.2.22|
||Investment income|**20**|2|
|**4.**|**RAISING FUNDS**|||
||**Costs of raising funds**|**28.2.23**|**28.2.22**|
||Bank charges|**216**|216|
||**Governance costs**|||
||Independent examination fee|**2,136**|2,046|
||Donations payable to NMA|**150.000**|139.900|
|||**152.352−_—**|—142−462|
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|**TANGIBLE FIXED ASSETS**||
|---|---|
||Plant and|
||machinery|
|**COST**||
|At 1 March 2022 and 28 February 2023|**2,884**|
|**DEPRECIATION**||
|At 1 March 2022|**1,971**|
|Charge for year|**228**|
|At 28 February 2023|**2,199**|
|**NET BOOK VALUE**||
|At 28 February 2023|**685**|
|At 28 February 2022|913|
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|**FIXED ASSET INVESTMENTS**|||
|---|---|---|
||Shares|in|
||group||
||undertakings||
|**MARKET VALUE**|||
|**At** 1 March 2022 and 28 February 2023||**1**|
|**NET BOOK VALUE**|||
|**At** 28 February 2023||1|
|At 28 February 2022||1|
||**28.2.23**|**28.2.22**|
|---|---|---|
|Turnover|**115,219**|104,645|
|Cost o f sales|**(48,822)**|(44,299)|
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|8.||FIXED ASSET INVEST|MENTS −continued||||
|---|---|---|---|---|---|---|
|||Distribution costs|||(12,062)|(13,137)|
|||Administrative expenses
Depreciation|||(12,798)
(19)|(15,838)
(22)|
|||Gifted to Ride to the Wall|||(41,518)|(31,349)|
|||Net profit|||||
|||The assets and liabilities o f the subsidiary were:|||||
||||||28.2.23|28.2.22|
|||Fixed assets|||109|128|
|||Current assets|||90,557|79,979|
|||Creditors: Amounts falling|due within one year||(90,665)|(80,106)|
|||Net assets|||1|1|
|||Shareholder's fund|||1|1|
|9.||DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
||||||28.2.23|28.2.22|
|||Trade debtors|||112,636|102,255|
|10.||CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
||||||28.2.23|28.2.22|
|||Trade creditors|||152,072|141,869|
|11.||MOVEMENT IN FUNDS|||||
||||||Net||
||||||movement|At|
|||||At 1.3.22|in funds|28.2.23|
|||Unrestricted funds|||||
||−|General fund||62,446|15,554|78,000|
|||TOTAL FUNDS||62,446|15,554|78,000|
|||Net movement in funds, included in the above are as follows:|||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||Unrestricted funds|||||
|||General fund||168,134|(152,580)|15,554|
|||TOTAL FUNDS|ikVi)|168,134|(152,580)|15,554|
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|||Net||
|---|---|---|---|
|||movement|At|
||At 1.3.21|in funds|28.2.22|
|**Unrestricted funds**||||
|General fund|48,492|13,954|62,446|
|**TOTAL FUNDS**|**48,492**|13,954|62,446|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|156,420|(142,466)|13,954|
|**TOTAL FUNDS**|156,420|(142,466)|13,954|
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.3.21|in funds|28.2.23|
|**Unrestricted funds**||||
|General fund|48,492|29,508|78,000|
|**TOTAL FUNDS**|48,492|29,508|78,000|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|324,554|(295,046)|29,508|
|**TOTAL FUNDS**|324,554|(295,046)|29,508|
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|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 28 FEBRUARY 2023**|||
|---|---|---|
||28.2.23|28.2.22|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**126,596**|125,069|
|Gift aid|**41,518**|31,349|
||**168,114**|156,418|
|**Investment income**|||
|Investment income|**20**|2|
|**Total incoming resources**|**168,134**|156,420|
|**EXPENDITURE**|||
|**Other**|||
|Plant and machinery|**228**|304|
|**Support costs**|||
|**Management**|||
|Cost o f raising funds|**2,352**|2,262|
|Donations payable to NMA|**150,000**|139,900|
||**152,352**|142,162|
|Total resources expended|**152,580**|142,466|
|**Net income**|**15,554**|13,954|