OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Page
Trustees'
report
1-13
Statement oftrustees' responsibilities 14
Report ofthe Independent Auditors 15-18
Consolidated
statement
of financial activities 19
Consolidated
balance sheet
20
Charity balance sheet 21
Consolidated
cash flow statement
22
Notes to the accounts 23-34

Unrestricted Designated Restricted Total Total
funds funds funds 2022 2021
6 F. 6 f
Income from: Notes
Donations
and
legacies 1,372,217 262,109 1,634,326 893,768
Chaditable
activities
82,915 321,387 404,302 424,732
Other trading
activities:
Commercial trading operations 110,560 110,560 80,593
Investments 7,329 7,329 2,354
Other income 2,712 2,712
Total income 1,575,733 583,496 2,159,229 1,401,447
~E*
de
Raising funds
Commercial trading operations 171,011 171,011 157,599
Charitable
activities
1,139,080 13,915 407,674 1,560,669 997,578
Total expenditure 1,310,091 13,915 407,674 1,731,680 1,155,177
Net income/(expenditure) for the 265,642 (13,915) 175,822 427,549 246,270
year
Transfers
between
funds 19 (16,915) 16,915
Net movement in funds 248,727 3,000 175,822 427,549 246,270
Fund balances at 1 January 2022 448,770 224,000 40,318 713,088 466,818
Fund balances at 31 December 2022 697,497 227,000 216,140 1,140,637 713,088

2022 2021
Notes f f
Fixed assets
Tangible assets 12 140 1,052
Current assets
Debtors 14 672,330 51,010
Cash at bank and in hand 754,984 815,882
1,427,314 857,892
Creditors: amounts falling due within
one year 15 (286,817) (155,855)
Net current assets 1,140,497 712,035
Net assets 1,140,637 713,088
Income funds
Restricted funds 18 216,140 40,318
General funds —Designated 227,000 224,000
General funds —Unrestricted 697,497 448,770
1,140,637 713,088

2022 2021
Notes 5 f
Fixed assets
Investments 13 1 1
Tangible assets 12 140 1,052
141 1,053
Current assets
Debtors 14 652,329 21,216
Cash at bank and in hand 618,583 727,626
1,270,912 748,842
Creditors: amounts falling due
within one year 15 (183,781) (56,462)
Net current assets 1,087,131 692,380
Net assets 1,087,272 693,433
Income funds
Restricted
funds
18 216,140 40,318
General funds - Designated 227,000 224,000
General funds - Unrestricted 644,132 429,115
1,087,272 693,433

2022 2021
Note
Cash flows from operating activities
Nei income/(expenditure) 427,549 246,270
Investment
income
(7,329) (2,354)
Depreciation 912 912
(Decrease)/ increase in creditors 15 130,961 (201,625)
(Increase)/decrease in debtors 14 (621,320) 22,759
Net cash provided by operating activities (69,227) 65,962
Cash flows from investing activities
Investment
income
7,329 2,354
Net cash provided by investing activities 7,329 2,354
Change
in cash and cash
equivalents in the (61,898) 68,316
reporting
period
Cash and cash equivalents atthe beginning ofthe 816,882 748,566
year
Cash and cash equivalents at the end ofthe year 754,984 816,882
ofthe year
01.01.22 Cash flow 31.12.22
6
Cash at bank and
in
hand 818,882 ~(81,888 754,984

Unrestricted Designated Restricted Total Total
funds funds funds 2022 2021
f 6 F
Interest receivable 7,329 7„329 2,354
7,329 7,329 2,354
6 Other income
Unrestricted Designated Restricted Total Total
funds funds funds 2022 2021
6 6 f
Other income 2,712 2,712
2,712 2,712
7 Expenditure
Staff Depn Other Total Total
costs costs costs 2022 2021
6 6 E
Costs of raising funds
Direct fundraising 80,677 61,603 142,280 157,184
Support costs 14,016 14,715 28,731 415
94,693 76,318 171,011 157,599
Chadtable activities
Activities
directly
undertaken 626,763 542,718 1,169,481 755,025
Support costs 175,200 912 215,076 391,188 242,553
801,963 912 757,794 1,560,669 997,578
Total expenditure 896,656 912 834,112 1,731,680 1,155,177

Supportcosts
2022 2021
f
Staff costs 170,016 136,789
Website & marketing 1,104 8,213
Travelling
expenses
2,484 185
Rent &rates 29,362 20,518
Office expenses 65,798 31,385
Legal &professional 105,456 23,424
Other 12,586 5,199
Support costs recharged (21,311)
Governance costs (note 9) 33,1I13 37,565
419,919 242,958

2022 2021
F f
Auditor's remuneration 13,817 11,950
Trustees' expenses 96 85
Trustee recruitment 855
Staff costs 19,200 24,575
33,113 37,555

Consolidated
stat
ement offinancial activities comparat ive
funds —31
December 2021
Unrestricted Designated Restricted Total
funds funds funds 2021
6 8
Income from:
Donations
and legacies
857,768 36,000 893,768
Charitable
activities
203,117 221,615 424,732
Other trading
activities:
Commercial
trading
operations 80,593 80,593
Investments 2,354 2,354
Total income 1,143,832 257,615 1,401,447
~E*
des
Commercial
trading
operations 157,599 157,599
Charitable
activities
681,536 316,041 997,578
Total expenditure 839,135 316,041 1,155,177
Net incomel(expenditure)
for the
yearl not movement
in funds
304,696 (58,426) 246,270
Transfers
between
funds (178,645) 224,000 (45,355)
Net movement
in funds
126,051 224,000 (103,781) 246,270
Fund balances at 1 January 2021 322,719 144,099 466,818
Fund balances at 31 December
2021
448,770 224,000 40,318 713,088

11 Staffcosts
2022 2021
6 f
Wages and salaries 776,834 607,569
Social security costs 74,595 57,271
Other pension costs 45,227 35,651
896,656 700,491
ere:
2022 2021
1 1

Tangible fixed assets —Group and Charity
Fixtures & Total
Fittings
Cost 6
At 1 January 2022 2,?24 2,724
At 31 December 2022 2,724 2,724
Depreciation
and impairment
At 1 January 2022 1,672 1,672
Charge 912 912
At 31 December 2022 2,584 2,584
Net book value
At 31 December 2022 140 140
At 31 December 2021 1,052 1,052

Charity
5
National Numeracy Solutions Limited
Holdings ofmore than 20%
The charity holds more than 20%ofthe share capital ofthe following companies:
Company Country ofregistration
or incorporation Shares held
Class 0/
Subsidiary undertakings
National Numeracy Solutions Limited UK Ordinary 100

in the Statement of Financial Activities) is s
Summary
profit and loss account

hown
below.
2022 2021
5
Turnover 111,115 87,167
Cost ofSales (23,895) (47,456)
Administrative
Expenses
(53,514) (36,583)
Net profit for the year 33,707 3,128
Summary
balance sheet
The assets and liabilities ofthe subsidiary
were: 2022
5
2021f
Current assets 181,013 132,605
Creditors: amounts
falling due within one year
(127,650) (112,949)
Total net assets/share
capital and reserves
53,353 19,656

Group Charity
2022 2021 2022 2021
F F f
Trade debtors 88,463 43,200 44,062
Amounts owed by group undertakings 24,614 12,316
Taxation and social security 1,239
Prepayments and accrued income 573,264 6,347 573,050 6,198
Other debtors 10,603 1,463 10,603 1,463
672,330 51,010 652,329 21,216
Group Charity
2022 2021 2022 2021
F 6 F
Trade creditors 41,507 23,621 41,363 23,612
Amounts owed to group undertakings 4,975
Taxation and social security 40,194 25,331 23,310 16,857
Other creditors 61,183 41,960 21,183 1,959
Accruals and deferred income 143,933 64,944 92,950 14,034
286,817 155,856 183,781 56,462
moveme nts
in th
e y ear is included
below:
2022 2021
6 f
Deferred income as at 01 January 2022 48,695 237,997
Income recognised in the year (48,695) (237,997)
Income deferred during the year 48,785 48,695
Deferred income at 31 December 2022 48,785 48,695

Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances
of
donations
and grants
held on trust
for specific purposes:
Movement
in funds
Balance at Income Expenditure Transfers Balance at 31
1 Jan 2022 Dec 2022
F F 6 F
Ufi —Numeracy
Champions
in the
workplace
(292) 78,338 (34,569) 43,477
National
Numeracy
Day
58,771 (58,771)
John Lyons Chadity-
Parental
engagementin
London
23,893 25,000 (28,815) 20,078
Garfield Weston Foundation—
Parental
engagement
in Scotland
30,000 (8,097) 21,903
Ufi —Mobiles, Skills &Confidence
with numbers
13,356 60,000 (73,356)
Education Scotland—
Supporting
community
learning
in 3,361 10,000 (9,350) 4,011
Scotland
Local Authorities
—improving
adult numeracy
321,387 (194,716) 126,671
40,318 583,496 (407,674) 216,140

Movement Movement in funds
Balance at Income Expenditure Transfers Balance at 31
1Jan 2022 Dec 2022
E f
Parental Engagement Project 21,000 (7,219) 6,219 20,000
Lincolnshire Co-Operative 23,000 (6,696) (6,304) 10,000
Campaign Delivery 180,000 17,000 197,000
224,000 13,915 16,915 227,000

Analysis
of
net as sets between
funds
Unrestricted Designated Restricted Total
funds funds funds
Fund balances at 31 December 2022 are
represented by:
Fixed assets 140 140
Current assets 890,584 227,000 309,730 1,427,314
Creditors: amounts falling due within one
year (193,227) (93,590) (286,817)
897,497 227,000 216,140 1,140,637

21 Analysis of net assets between net assets between funds (continued)
Unrestricted Designated Restricted Total
funds funds funds
Fund balances at 31 December 2021 are
represented by:
Fixed assets 1,052 1,052
Current assets 586,883 224,000 57,009 867,892
Creditors: amounts falling due within one
year (139,165) (16,691) (155,856)
448,770 224,000 40,318 713,088