2023-03-31-accounts - Rasasc Guildford Limited

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Chair's Report		I	to	2
Report ofthe Trustees		3	to	5
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		11	to	16

for the Year Ended 31 March	2023
					31.3.23	31.3.22
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes			f
INCOME AND ENDOWMENTS	FROM
Donations and legacies			30,921	621,708	652,629	563,188
Investment income			3,206		3,206	91
Total			34,127	621,708	6S5,835	563,279
EXPENDITURE ON
Raising funds				31,622	31,622	25,232
Charitable activities
Charitable Activities				526,869	526,869	486,958
Other			20,090	136,953	157,043	135,169
Total			20,090	695,444	715,534	647,359
NET INCOME/(EXPENDITURE) Transfers between funds		14	14,037 85,6S7	(73,736) ~85,657)	(S9,699)	f84,080l
Net movement in funds			99,694	(159,393)	(59,699)	(84,080)
RECONCILIATION OF FUNDS
Total funds brought forward			186,554	259,860	446,414	530,494
TOTAL FUNDS CARRIED FORWARD			286,248	100,467	386,715	446,414

Balance Sheet 31 March 2023
					31.3.23	31.3.22
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes		5	E	5
FIXED ASSETS
Tangible assets		11	70,259	4,235	74,494	78,693
CURRENT ASSETS
Debtors		12	21,239		21,239	13,097
Cash at bank and	in hand		286,582	I76,021	462,603	425,956
			307,821	176,021	483,842	439,053
CREDITORS
Amounts falling due within one year		13	(91,832)	(79,789)	(171,621)	(71,332)
NET CURRENT ASSETS			215,989	96,232	312,221	367,721
TOTAL ASSETS LESS	CURRENT LIABILITIES		286,248	100,467	386,715	446,414
NET ASSETS			286,248	100,467	386,715	446,414
FUNDS		14
Unrestricted funds					286,248	IB6,554
Restricted funds					100,467	259,860
TOTAL FUNDS					386,715	446,414

				31.3.23	31.3.22
		Notes		8
Cash flows from operating activities Cash generated from operations			1	41,801	~8,625)
Net cash provided by/(used in) operating			activities	41,801	~8,625)
Cash flows from Investing	activities
Purchase of tangible fixed	assets			~5,154)	~80,942)
Net cash used in investing	activities			~5,154)	~80,942)
Change in cash and cash	equivalents	in
the reporting period				36,647	(89,567)
Cash and cash equivalents	at the
beginning ofthe reporting	pediod			425,956	515,523
Cash and cash equivalents	at the end	of
the reporting period				462,603	425,956

RECONCILIATION	RECONCILIATION	OF	NET EXPENDITURE TO NET CASH FLOW FROM OPERATING	NET EXPENDITURE TO NET CASH FLOW FROM OPERATING	NET EXPENDITURE TO NET CASH FLOW FROM OPERATING	NET EXPENDITURE TO NET CASH FLOW FROM OPERATING	NET EXPENDITURE TO NET CASH FLOW FROM OPERATING	NET EXPENDITURE TO NET CASH FLOW FROM OPERATING	ACTIVITIES
									31.3.23	31.3.22
									8
Net expenditure for the				reporting		period (as per the Statement	of
Financial Activities)									(59,699)	(84,080)
Adjustments	for:
Depreciation	charges								9,353	2,249
(Increase)/decrease			in	debtors					(8,142)	10,151
Increase in creditors									100,289	63,055
Net cash provided		by/(used			In)	operations			41,801	~8,625)
ANALYSIS OF	CHANGES			IN NET FUNDS
							At	1.4.22	Cash flow	At 31.3.23
								E	E	E
Net cash
Cash at bank	and	in	hand				425,956		36,647	462,603
							425,956		36,647	462,603
Total							425,956		36,647	462,603

3.	INVESTMENT	INCO	ME
						31.3.23	31.3.22
	Bank interest					3,206	91
	RAISING FUNDS
	Raising donations		and legacies
						31.3.23	31.3.22
						8	E
	Staff costs					19,978	24,632
	Sundries					1,564	600
	Professional	fees				10,080
						31,622	25,232
5.	CHARITABLE	ACTIVITIES COSTS
							Direct
							Costs
	Charitable Activities						526,869
6.	SUPPORT COSTS
						Governance
				Management	Finance	costs	Totals
							B
	Other resources expended			141,902	324	14,817	157,043
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated after charging/(crediting):
						31.3.23	31.3.22
	Depreciation	—owned assets				9,353	2,249

STAFF COSTS
				31.3.23	31.3.22
					E
Wages and salaries				I72,447	158,441
Social security costs				9,287	14,417
				181,734	172,858
The average monthly	number	ofemployees	during the year was as follows:
				31.3.23	31.3.22
Office administration				6	6
ISVA and other service	providers			18	18
				24	24

No employees received emoluments in excess of	No employees received emoluments in excess of	260,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL		ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
			8	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			17,923	545,265	563,188
Investment income			91		91
Total			18,014	545,265	563,279
EXPENDITURE ON
Raising funds				25,232	25,232
Charitable activities
Charitable Activities				486,958	486,958
Other			34,490	100,679	135,169
Total			34,490	612,869	647,359
NET INCOME/(EXPENDITURE)			(16,476)	(67.604)	(84,080)
Transfers between funds			55,758	~55,758)
Net movement In funds			39,282	(123,362)	(84,080)
RECONCILIATION OF FUNDS
Total funds brought forward			147,272	383,222	530,494
TOTAL FUNDS CARRIED FORWARD			186,554	259,860	446,414

11.	TANGIBLE FIXED ASS	ET	S
					Fixtures
				Short	and
				leasehold	fittings	Totals
					E
	COST
	At I April 2022			78,203	2,739	80,942
	Additions				5,154	5,154
	At 31 March 2023			78,203	7,893	86,096
	DEPRECIATION
	At I April 2022			1,955	294	2,249
	Charge for year			7,822	1,531	9,353
	At 31 March 2023			9,777	1,825	11,602
	NET BOOK VALUE
	At 31 March 2023			68,426	6,068	74,494
	At 31 March 2022			76,248	2,445	78,693
12.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31.3.23	31.3.22
					5
	Prepayments and accrued income				21,239	13,097
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					31.3.23	31.3.22
					E
	Trade creditors				38,774	25,842
	Social security and other taxes				12,185	1,379
	Accruals and deferred		income		16,789	5,520
	Deferred rent				24,084	2,987
	Deferred income				79,789	35,604
					171,621	71,332
14.	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
			E		E
	Unrestricted funds
	General fund		186,554	14,037	85,657	286,248
	Restricted funds
	Restricted fund		259,860	(73,736)	(85,657)	100,467
	TOTAL FUNDS		446,414	~59,699)		386,715

Comparativ	e net movement in funds, in	cluded in the above are as follows	:
		Incoming	Resources	Movement
		resources	expended	in funds
		5	5	5
Unrestricted	funds
General fund		18,014	(34,490)	( I6,476)
Restricted	funds
Restricted	fund	545,265	(612,869)	(67,604)
TOTAL FUNDS		563,279	(647,359)	(84,080)

A current year 12 months and prior yea above are as follows;	r 12 months combined net move	ment in funds, i	ncluded in th
	Incoming	Resources	Movement
	resources	expended	in funds
	K	5
Unrestricted funds
General fund	52,141	(54,580)	(2,439)
Restricted funds
Restdcted fund	1,166,973	(1,308,313)	(141,340)
TOTAL FUNDS	1,219,114	(1,362,893)	(143,779)