2023-03-31-accounts

COI{TENTS	Pegc
Refersnce and admlnlstratlve lnformation	I
Trustees'report	2-õ
lndepondont audltor's report to the members	6-8
Consolidated statementofflnanclalac'tlvltles	I
Balance sheets	10-11
Consolidatedcashflow statement	12
Notestolheconsolidalad financial staloments	'13-26

Referenceandadmlnlstratlvedetalls
Dlrectors and Trustees	AlexBeard-Chair
	Lyn Carpenter(resigned14Dec2022)
	BJChong
	HannahCorbett
	Ken Dytor
	PerryGlading
	JamesHeaton
	AliPretty MarkCoxshall(resigned14Dec2022)
	DeniseBrown
	HeatherWalker(appointed 01 November 2022)
	TrevorBatchelor(appointed 2AJu$2023)
	SimonLoftus(appointed20July2023)
	Dr DaveSmith(appoinled20July 2O23)
	DeborahArnold(appointed20July2023)
	NyearYaseen(appointed20July 2A23)
CompanyNumber	0668341I
Charlty Number	1145424
Reglstered and PrinclPalOfflce	VellacottClose Purfleet
	Essex
	RM191RY
Audltors	MooreKingston SmithLLP
	Orbltal House
	20 EasternRoad
	Romford
	RM13PJ
Bankers	BarclaysBankPlc
	9 High Street
	Grays
	Essex
	RM17 6NB

consolldated statementofF for theyearended3lMarch	lnanclal 2023	Acilvltles(lncor	poratlnglncom	e and expendi	ture account)
		2023	2023	2023	2023		2022
		Unrestrlcted Funds	Deslgnated Funds	Restrlcted Funds	Total Funds	Total Funds Restated
lncomefrom: Charitableactivities	Note 4,	€ 532,249	f	s 60,000	Ê 592,249		s 4il,003
Other tradingactivities lnvestments	4il	43,369 4,643			#!,369 4,il3		100,874 1,277
Total lncome		580.261		60,000	640.261		556,154
Expendllure on: Raisingtunds Charitable actlvities	5	34,936 7A9,473		89,623	34,936 799,096		34,372 569,625
Total resources exPended				89.623	834.032		603.997
Netexpenditure		(164,1481		(29,623)	{193,771)		(47,843'
Galnson revaluatlonoffixed assets				27,50027,500
Netmovement lnfunds		(164,148)		(2,1231	(166,27',	Ì
Totalfundsbroughtforward		623,900	205,641	1,096,603	1,926,144	1,973,987
Totalfundscarrledforward	l8	459,752205,641		1,094,480	1,759,873	1	144

oncolldatedBalanc¡Sh¡¡te¡	at3lMa	rch2023
			2023	2A2,iL	as restated
	note
Flxede¡s¡t¡		Ê	â	â	t
Tanglbleflxcdassats	t0		1,057,500		f,030,000
ì.lon.current assets
Debtor¡and prepayments	12at		5't,048		31,498
Current assets
Debtors and prepayments	,2t	364,197		156,614
Gashat bank and ln hand		386,469		883,081
		750,666		1,039,695
Crédltors:duewithlnIyear	13	(99,341)		(175.049)
Nst current assets			651,325		864,646
Total nct assets			1,759,873		1,929,144
Funde
Restrlcted
lnveetmantproperty	14	1,057,500		'l,o30,ooo
Capital&lncomefunds	14	36,980		66,603
			1,094,480		1,096,603
Unrestrlctedfunds	l5		459,752		623,900
Deslgnatedfunds	17		205,il1		205,641
Totalfunds	t8		1,759,873		1,926,144

HISH HOUSEPRODUCNOil PARK LITITED	HISH HOUSEPRODUCNOil PARK LITITED
Con¡olldfrdCr¡hFlowStrtrm¡ntforthoylerrndrd3l tirrch2023
	2023 eI	20ZlRr¡trt¡d e Ê
C¡¡hllorwfromopontlngrctMll.t:
l,lctcarl¡ur.dlnoprntlngactlvltb¡	(S01,2SÞ)		(30,167)
Ca¡hfowllromlnvcrtlng¡ctMtl¡¡: lnterestrecelvad	4,&g	1,277
	4,U3		1,277
Changc lnca¡h ¡ndcachequlvalcnteln thercportlngprrlod	(496,612)		(28,890)
Cash and cash equfualenlsatthobeglnnlng
oflhereportlngperlod	883,081		911,971
Ca¡handcarhcquhual¡nt¡ at the andof tha.rcportlngprrlod	386,469		883,091
Raconclllatlonofnetexpcndlture to nat cathflow froinoperatlngactþlttes	€		e
Netcxpcndlturefor thereportlngperlod	(193,771)		(47,843)
lnvestment lncome	(4,643)		('t,277',)
lncreaselndebtors	(227,'t321		(83,716)
(Decrease)/lncreaselncredltors	(75,709)		102,669
Netca¡huiedln operatlng ac,tlvltles	(5{r1,255)		(30,167)

, Note14Restricted funds, No ative information.	te18Analysis of	netassets betw	een funds an
Flnanclal Statement	zAXl22	PPadl	Restated
	Ê	f,	2021122
			E
StatementolFlnancialActivltles
Expenditure on:Charitable	559,824	9,801	569,625
activities
Consolldated Balance Sheet
Debtors and prepayments-	166,415	(e,801)	156,614
current
ResfictedFunds-Capital	76,404	(e,801)	66,603
and lncome funds
Charltv Balance Sheet
Debtors and prepayments-	284,723	{e,801)	274,922
current
RestrictedFunds-Capital	76,444	(e,801)	66,603
and lncome funds
Consolldated Cash Flow Statement ofGash Net expenditure forthe (38,042)		(9,801)	(47,8/.3)
reporting period (Decrease)/lncreasein	(93,517)	(9,801)	(83,716)
Creditors

.lncome-Charltableactlvltles
	Unrestrlcted	Restrlcted	Total	Total
	funds	funds	2023	2022
	Ê	I	Ê	e
Fundedprojects/grants received		60,000	60,000	57,485
Sile service chargeincome	249
Total	532.249	60.000	592.249

4ll. lncome-Other tradlngactlvlties	Unrestricted	Restrlcted	Total	Total
	funds	funds	2023	2022
	s	Ê	â	s
Rent lncome	14,000		14,000	37,129
Roomhire Café takings Total	29,369		29,369 43.369	65,179 n.4u\ I00.874

Exenditure on charitableacllvltles
.p					Total
	u"*1:;l:: Ê	Deslgnated funds Ê	Restrlcted fundst	Total 2023 s	2022 Restated â
CreativeEstuary	20,000		85,057	105,057	22,962
Landof the Fanns					7,585
PubllcArt-Kinetika			566 4	4,566	9,801
Other running costs(Note 6)	689,473			689,473	529,277
Total	709.473		89,623	799,096	569,625

.Otherrunnlngcostg
	Dlrect	Support	Total	Dlroct	Support	Total
	costs Ê	costs Ê	2023 €	co¡t¡ Ê	costs â	2422f
Servlce charge&other staff costs		65,828	65,828		68,371	68,371
Premfses costs	605,202		605,202	4/.2,483		442,483
Offcecosts		5,382	5,382		4,518	4,5'18
Professionalcosls		295	295		4,710	4,710
External audit fees		10,385	10,385		7,200	7,204
Stsff and trustees' lnsurance		2,381	2,381		1,995	1,995
Total	_6qt,20294,271		689,473	4É.2,48386,794		529,277

Netlncomlngresourcesfortheyear
Thlslsrtatedaftercharglngon aconaolldatedbasls:	2023 I	2022 â
Audltors' remuneralion	13,135	9,515

	lnvestment Property	Computer Equlpment	Flxtures & Flttlngs		Total
	€	Ê	I		€
Cost /Valuation Al1April2022 Revaluation	1,030,000 27,500	9,215	102,875	1J42,090 27,500
Disposals At3lMarch 2023	1,057.500	s.215	102.875	I,t69.590
Depreclatlon At1April2022		9,215	102,875		112,090
Charge fortheYear
Disposals At31 March 2023	-	9,2',15 102,875			112,090
Netbook value
At3lMarch2023	1,057 .500			1,057.500
Al31March2022	1			1

			2023	2022
			f,	â
1	ordlnary shareofÊ1	at cost	1

Summarybelowlaken fromthe accounts ofthe subsidiary, H ended 31 March 2023:	igh House Enterprises Limited,	fortheyear
Profltand lossaccount	2023 €	2022t
Turnover	29,369	65,180
Cost of Sales	(1,427)	(1,129)
Sales and Administrative expenses	(33,509)	(33,244)
Prolton ordinary actlvlties	(5,s67)	30,807
Payments covenantedtoparentcharig		(21,640)
Loss for the ffnancial year	(5,567)e,167
Balancesheet	2023	2022
	s	Ê
Current assets	40,762	127,244
Cunentliabilities	(46,328)	(127,243)
Totalasselsless liabilities	(5,566)	1
Capital and reserves:
Share capital	1	1
Proftand loss account
	(5,567)
	(5,566)

otes totheconsolldated flnancialatatem	entsfortheye	ar end	ed31 March	2023	2023	2023
l2l.Debtors{Gunent)		GrouP		Gharlty
			2022			2022
	2A23	Restated		2023	Restated
Falling duewithin oneyear:	r		â	Ê		€
Tradedebtors	2't,931		3,504	20,631
Otherdebtors	255,859		94,589	231,457		94,588
VAT recoverable	30,755		15,899	34,555		16,703
Prepayments	55,652		42,622	55,652		42,622
Amountsowed from group undertaking				39,827		121,009
	364,197		156,614	382,122		274,9212
1211.Debtors (Non-current)		Group		CharltY
Falling dueover oneyear:	2023 s		2022 â	2023 Ês		2022
Otherdebtors	51,048		31,498	51,048		3',1,498
	51,048		31,498	5l,048		31,498
'13.Greditors	Group			Gharlty
	2023	2422		2025		2422
Falllng duewithin oneyear:	r.		t	Ê		f,
Tradecreditors	19,930	91,777		19,930		90,387
Accruals	67,238	73,900		æ,537		69,860
Receipls lnadvance	12,'173	9,372		12,'t73		9,372
Unpaidshare capital	99,341	175,049		1 96,641	1 159,620

14.Ro¡trlcted funds(	GroupandGha	rlty)
	Balanceat	lncoma and		Tran¡fsrs
	01-Apr-22 Rcstated	rcvaluatlon galn	Expendlture	bctwecn funds	Balance at 31-illar-23
	e	s	e	â	s
lnvestmantproperty	1,030,000	27,504			1,057,500
Publicarl Kinetica	29,565		(4,566)		24,999
CrEativeEstuary	37,038 l,og8,6o3	60.0CI0 .CI57t 87.500(89,823)			11.981 1,094,480

15.Unrestrlctedfun	ds(GrouP)
			Transfers
	Balanceat		Batween	Balance at
	01-Apr-22 e	IncomeExpendlture sÊ	Funds e	31-lJlar-23 Ê
Unrestricled	623,900	580,261(7M,409)		459,752

16.Unrestrlctedfun	ds(CharltY)
				Transfers
	Balanceat			Bstween	Balanceat
	01-Apr-22 Ê	lncome Ê	Expendlture s	Funds â	31-Mar-23 â
Unrestricted	623,899	550,892	(709,472]-		465,319

17.Deslgnatedfunds	(Group&Charlty)
				Transfers
	Balance at			Between	Balanceat
	01-Apr-22 Ê	lncomeExpendltu	ro E	Funds Ê	3l-Mar-23 s
Repairs &renewals		:			205.641
					205.641

18. Analyslsofnet assetsbetweenfunds Graup2022 FlxedNon Restated Assets ÊÊ	18. Analyslsofnet assetsbetweenfunds Graup2022 FlxedNon Restated Assets ÊÊ	Current Assets	Current Assets å	Current Llablllties €	Total Ê
Unrestricted		31,498	767,451	(17s,049)	623,900
Designated			205,641		205,641
Restrlcted	1,030,000		66,603		1,096,603
		1.458 3	I-039.69 5	fi75.0491	1.s26.144

8.Analyrlcof netas	sstsbetweenfunds	(contlnue	d)
Group2023		Non-
	Fixed	Gurrent			Gurrent
	As¡eis Ê	Assets €	GurrentAssctc â		Llaþllltl¡sI	€ Total
Unrestrlcted		51,048		508,045	(99,341)	459,752
Designaled				205,il1		205,&1
Restrlcted	1,057,500			36,980		1,094,480
	1.057.500	5l,048		750.666	t99.341)	1.759.873
Charlty2023		Non-
	Fixed	Gurrent			Gurrent
	Asaets	Assets	Current	Assets	Llabllltles	Total
	€	Ê		â	Ê	f,
Unrestrlcted	1	51,048	510,911		(e6,641)	465,319
Designated			205,æ1			205,641
Restricted	1,057,500			36,980		1,094,480
	t.057.501	51.048	753.532		196.64f)	1.765.¿140

		2022	2022		2022		2022
		Unrestricted Funds	Designated Funds	Restricted Funds			Total Funds
				Restated		Restated
	Note
lncome from:		Ê	€		e		Ê
Charitable activities	4i	406,418			47,585		454,003
Other trading activities lnvestments	4¡¡	100,874 1,277					100,874 1,277
Totalincome					47.585		556.154
Expenditureon: Raising funds Charitable activities	5	34,372 504,918	44,359		20,348		34,372 5ô9,625
Total resourcesexPended			¡t4,359		20.348		603.997
Net income/(expenditure)		(30,721) (44,359)			27,237		(47'843)
Losses on revaluation of fixed
assets
Net movement infunds		130,7211(¿14'359)			27,237		(47,8431
Total funds brought forward		654,621	250,000	1,069,366		1,973,987
Total funds carriedfonrard	18	900		1	603	'l	144