2023-10-31-accounts

Company Registration No. 07917713 Charity Registration No. 1146001

MK MONEY LIFELINE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

MK MONEY LIFELINE

LEGAL AND ADMINISTRATIVE INFORMATION

Directors & Trustees	B E Hampson	Chair
	I N Anderson
	A O Audu
	R R Hudson
	N O Meniru
Company secretary	B E Hampson
Company number	07917713
Financial Conduct Authority registration	618802
Charity number	1146001
Principal address	Acorn House
	391a Midsummer Boulevard
	Central Milton Keynes
	MK9 3HP
Independent examiner	Steve Brentnall
	1 Meadow View Cottages
	Town Littleworth,
	Cooksbridge
	Lewes
	East Sussex
	BN8 4TH
Bankers	CAF Bank Ltd
	25 Kings Hill Avenue
	Kings Hill
	West Malling
	Kent
	ME19 4JQ

MK MONEY LIFELINE

CONTENTS

	Page
Trustees' report	1 ‐ 3
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notes to the financial statements	7 ‐ 17

MK MONEY LIFELINE

TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT)

FOR THE YEAR ENDED 31 OCTOBER 2023

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st October 2023.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Articles, the Companies Act 2006, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).

Objectives and aims

The aim of the charity is to provide a debt advice service to members of the local community of Milton Keynes.

This is a service offered free to all regardless of age, nationality, race/ethnicity, caste, class, physical or mental state, appearance, gender, HIV status, religion, illness, sexuality, marital status, political beliefs and criminal convictions.

Charitable activities

The office is in Central Milton Keynes and is the base for the charity’s administration with a facility to meet clients. The Trustees thank Milton Keynes Community Foundation for their support.

Free, confidential and impartial advice is offered and follows a triage process as each problem and solution is unique. During this year advice was given by appointments either face to face or over the telephone. The charity has one unpaid manager, a salaried operations manager supported by three part‐time salaried administrators, a part‐time fund‐raising and publicity officer on a one year contract together with a number of volunteer advisers. Those involved in debt advice with clients are required to undertake a comprehensive training and examination process accredited by Community Money Advice.

The pandemic outbreak from March 2020 resulted in a complete change of working with client interviews taking place by telephone and via on‐line video, however during the year we reverted to meeting “in person” where possible but with remote meetings available to those who prefer it. During the year the charity the charity closed the virtual call centre for those seeking help with debt under the ‘Signpost’ banner due to a total tail off in demand; the 0800 number for the service remains active but it is no longer being actively promoted.

The support network set up to support staff and volunteer advisers, particularly after helping clients with demanding problems, continues to function and is being used.

A comprehensive set of policy documents has been prepared, implemented and discussed with all volunteer advisers, in line with the requirements of the Financial Conduct Authority. The programme to provide advice on financial management and related skills to some school students in Milton Keynes is about to re‐start after a gap of nearly three years as a result of the effects of the pandemic.

MKML networks with other agencies and organisations in Milton Keynes that can offer clients assistance with non‐financial problems. MKML refers or signposts clients as appropriate to these groups.

Trustees provide their services on a voluntary unpaid basis.

MK Money Lifeline is a member of Community Money Advice – a national charity providing the resources, training and support needed to establish and maintain local, free, face to face money advice services. MK Money Lifeline is registered with the Financial Conduct Authority (No 618802) and also with the Information Commissioner.

The trustees thank the centre manager, administration staff and volunteers for all their efforts in setting up this charity and the on‐going help and support to clients with their problems.

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MK MONEY LIFELINE

TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) ‐ CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

Public Benefit

The Trustees acknowledge the requirement to demonstrate clearly that MK Money Lifeline has charitable purposes or aims that are for the public benefit. Details of how the charity achieved this are provided elsewhere in this report. In selecting their activities, the Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit.

Financial review

Income has been received from local churches, individuals and trusts. Expenditure primarily covers the administration expense of the office (salaries, rent, stationery, telephone) and insurance, and training.

Banking facilities are provided by CAF Bank.

The charity is insured for general cover and, specifically, for advice given to clients.

Financial Results

The trustees report a total income during the period ending 31[st] October 2023 of £56,626 with expenditure of £53,631. Income exceeded expenditure by £2,995. This resulted in increased funds carried forward, of £45,717.

Reserves policy

Sufficient funds are set aside (“designated” by the Trustees) to facilitate the managed closure of the charity should this be necessary. This is intended to include funding to enable the charity to pay redundancy costs to remunerated staff and to meet outstanding financial obligations. The amount so designated is £10,000.

Free reserves beyond this enable the charity to plan and deliver an increased scope of operation with confidence that this will not be inhibited by the inevitably variable nature of some charitable donations.

Over 90% of projected income for the next year is provided on the basis of regular giving. MK Money Lifeline is grateful to all individual and organisational donors who contribute to support the work of the charity.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Expansion and future developments

The charity exists for the benefit of its clients. There is an ever‐increasing need for our service and we find clients are subjected to limited household income, the effects of inflation, increased energy costs and the residual effects of the Covid‐ 19 pandemic.

The charity has taken steps to expand its operations in Milton Keynes with a continuing focus on areas of deprivation within the city.

The future of the charity depends on the continued commitment by staff and volunteers to help clients and the ability to raise sufficient funds to cover expenses.

The 5‐year strategy review completed in 2020/21 will inform the charity’s business planning processes until 2026.

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MK MONEY LIFELINE

TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS’ REPORT) ‐ CONTINUED

FOR THE YEAR ENDED 31 OCTOBER 2023

Structure, governance and management

The charity was incorporated, as a company limited by guarantee, on 20th January 2012 and was registered by the Charity Commission for England & Wales as a charity on 21[st] February 2012.

The directors and trustees who served during the year and up to the date of signature of the financial statements were:

B E Hampson (Chair)

I N Anderson A O Audu R R Hudson N O Meniru

None of the trustees has any beneficial interest in the charity.

Governance changes

There were no changes to the Governing documents during the year.

The trustees' report was approved by the Board of Directors and Trustees.

B E Hampson

Company Secretary Date: 23 February 2024

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MK MONEY LIFELINE

INDEPENDENT EXAMINER'S REPORT

TO THE DIRECTORS AND TRUSTEES OF MK MONEY LIFELINE Charity Registration number: 1146001 and company registration number 07917713

I report to the trustees on my examination of the financial statements of the company for the year ended 31 October 2023 set out on pages 5 to 17.

Responsibilities and basis of report

As the charity’s trustees of the company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 Act (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act..

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention which give me cause to believe that:

• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

• the accounts do not accord with such records; or

• the accounts do not comply with the relevant accounting requirements under section 396 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination;

• the accounts have not been prepared in accordance with the Charities SORP (FRS102)

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Steve Brentnall

1 Meadow View Cottages Town Littleworth Cooksbridge Lewes East Sussex BN8 4TH

Date: 28 February 2024

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MK MONEY LIFELINE

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 OCTOBER 2023

Unrestricted Restricted funds funds 2023 2023 Notes £ £ Income and endowments from: Donations and legacies 3 46,170 2,386 Other income 4 6,070 2,000 Total income 52,240 4,386 Expenditure on: Raising funds 5 256 ‐ Charitable activities 6 50,739 2,636 Total resources expended 50,995 2,636 Net income/(expenditure) for the year/net movement in funds 1,2455 1,750 Fund balances at 1 November 2022 42,722 ‐ Fund balances at 31 October 2023 43,967 1,750	Total 2023 £ 48,556 8,070 56,626 256 53,375 53,631 2,995 42,722 45,717	Total 2022 £ 51,267 1,339
		52,606
		328
		60,214
		60,542
		(7,936) 50,658
		42,722

The statement of financial activities includes all gains and losses recognised in the year.

Details of the various funds are provided in Notes 16 and 17. All income and expenditure derive from continuing activities.

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MK MONEY LIFELINE

BALANCE SHEET

AS AT 31 OCTOBER 2023

Notes Tangible fixed assets 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Net assets Capital and reserves Share Capital 14 Reserves ‐ unrestricted 16 Reserves ‐ restricted 17	2023 £ 540 46,053 46,593 ( 5,152) ‐ 43,967 1,750	£ 4,276 41,441 ______ £45,717 45,717 £45,717	2022 £ 3,279 42,645 45,924 ( 6,720) ‐ 42,722 ‐	£ 3,518 39,204 _ £42,722
				42,722
				£42,722

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 October 2023. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 23 February 2024 and signed on their behalf:

I N Anderson Director & Trustee

Company Registration No. 07917713

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

1 Accounting policies

Charity information

MK Money Lifeline is a company limited by guarantee incorporated under the Companies Act on 20[th] January 2012 and registered by the Charity Commission for England and Wales as a charity on 21[st] February 2012.

1.1 Accounting convention

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with the Companies Act and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Donations:

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies:

Legacy income and grants receivable are recognised when the Trustees have been formally notified of the amount due to the charity.

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

1 Accounting policies (continued)

1.5 Resources expended

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment: 25% writing down basis

Any gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short‐term liquid investments with original maturities of three months or less.

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. All amounts payable are classified as current liabilities if payment is due within one year.

1.9 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.10 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11 Leases

Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease.

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted Restricted funds funds £ £ Donations and gifts 46,170 2,386 For the year ended 31 October 2023 46,170 2,386 For the year ended 31 October 2022 45,920 5,347	Total 2023 £ 48,556 48,556	Total 2022 £ 51,267
		51,267
		51,267

Donations and gifts includes amounts received from individuals, parishes and in response to particular appeals. The Trustees gratefully acknowledge all these gifts; without this generous support the charity would be unable to fulfil many of its objectives.

Due to the constantly changing nature and frequency of the services provided by volunteers it is not possible to attribute a value to the services so provided.

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

4 Other income

Unrestricted Restricted funds funds 2023 2023 £ £ Grants 4,860 2,000 Interest 595 ‐ Other income 615 ‐ For the year ended 31 October 2023 6,070 2,000 For the year ended 31 October 2022 1,339 ‐	Total 2023 £ 6,860 595 615 8,070	Total 2022 £ ‐ 6 1,333
		1,339

• 5 Raising funds

Fundraising and publicity Other fundraising costs	2023 £ 256 256	2022 £ 328
		328

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

6 Charitable activities

Direct relief Debt advice and counselling £ Staff costs (included in note 9) - ‐ Direct costs 1,506 1,580 Share of support costs (see note 7) - 49,944 Share of governance costs (see note 7) - 345 1,506 51,869 Analysis by fund Unrestricted funds ‐ 50,739 Restricted funds 1,506 1,130 1,506 51,869 For the year ended 31 October 2022 Unrestricted funds – general 140 54,143 Restricted funds 3,857 2,075 3,997 56,218	Total 2023 £ ‐ 3,086 49,944 345 53,375 50,739 2,636 53,375	Total 2022 £ ‐ 5,487 54,468 260
		60,215
		54,283 5,932
		60,215

The Trustees wish to record their thanks to a number of qualified volunteer advisers who donate their time and bear their own expenses in provision of advice and support to clients.

MK Money Lifeline's work could not be accomplished without this generosity. It is not possible to attribute a monetary value to these gifts in kind.

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

7 Support costs Support costs Governance costs £ £ Staff costs (included in note 9) 35,705 ‐ Office accommodation and administration costs 12,814 ‐ Depreciation 1,425 ‐ Independent Examination costs ‐ 345 49,944 345	2023 £ 35,705 12,814 1,425 345 50,289	2022 Basis of allocation £ 36,847 Estimates of time spent by paid staff 16,155 Pro rata to staff costs 1,173 Actual cost incurred 260 Pro rata to staff costs 54,728

Office accommodation and administration costs for 2022 includes an exceptional cost of £5,100 for rebuilding the charity’s website.

Analysed between: Charitable activities 49,944 345 50,289 54,728

8 Trustees

None of the trustees received any remuneration during the year (2022: Nil).

Details of transactions undertaken with connected or related parties are provided in Note 20.

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

9 Employees

Number of employees

The average monthly number of employees during the year was:

	2023	2022
	Number	Number
Centre manager	1	1
Administrative staff	4	4
	5	5
Employment costs	2023	2022
	£	£
Wages and salaries	35,534	36,744
Social security costs	‐	‐
Other pension costs	171	103
	35,705	36,847

The average number of full time equivalent employees for the year was 2 (2022: 2). There were no employees whose annual remuneration was £60,000 or more.

The centre manager provides his services as a volunteer and is not remunerated.

10 Taxation

The company is a registered charity and is exempt from taxation on income and capital gains where they are applied for charitable purposes.

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

11 Tangible Fixed Assets

Tangible Fixed Assets
	Office
	equipment
Cost
At 1 November 2022	6,328
Additions	2,183
Disposals	( ‐)
	______
At 31 October 2023	8,511
	______
Depreciation
At 1 November 2022	2,810
Charge for the year	1,425
Eliminated on disposals	( ‐)
	______
At 31 October 2023	4,235
	______
Net book value
31 October 2023	4,276
	______
31 October 2022	3,518
	______

12 Debtors and prepayments

Other debtors Prepayments	2023 £ 540 ‐ 540	2022 £ 1,912 1,367
		3,279

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

13 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Trade creditors Taxation and social security Other creditors Accruals	2023 £ 466 91 2,000 2,595 5,152	2022 £ 363 8 2,000 4,349
		6,720

14 Share capital

The charity does not have a share capital. The company is limited by the guarantee of the members to a maximum of £1 each.

15 Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all employees unless they elect to opt out. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The total pension cost borne by the company for the year is disclosed in the Employees Note (Note 9).

16 Designated funds included within unrestricted funds

The unrestricted funds of the company include funds designated towards the following purposes:

		Movement	in funds
	Balance at	Income	Expenditure		Balance at
	1 November				31 October
	2022				2023
	£	£		£	£
Closure	10,000	‐	(	‐)	10,000
Education	656	‐	(	‐)	656
	10,656	‐	(	‐ )	10,656

Further particulars of the funds are as follows:

Closure:

Funds are designated to facilitate a managed closure of the charity, should this be necessary, to enable the charity to pay redundancy costs to its paid staff.

Education:

This amount is designated for the support of the charity’s education work in schools to teach school students good money management.

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

17 Restricted funds

			Movement	in funds
	Balance at		Income	Expenditure	Balance at
	1 November				31 October
	2022				2023
		£	£	£	£
Grant towards fixed assets		‐	2,000	( 500)	1,500
Direct relief of poverty		‐	1,756	( 1,506)	250
Statutory fees		‐	630	( 630)	‐
		‐	4,386	( 2,636)	1,750

Further particulars of the funds are as follows:

Grant towards fixed assets:

Funds received for new laptop computers. This grant is amortised in line with the depreciation costs.

Statutory fees:

Amounts given towards fees payable to the Insolvency service to meet the costs of applying for bankruptcies and Debt Relief Orders. Funds are attracted on a case‐by‐case basis from various sources.

Direct relief:

Income received to meet specific needs to relieve poverty.

18 Analysis of net assets between funds

Analysis of net assets between funds
	Unrestricted	Restricted	Total	Total
	funds	funds
			2023	2022
	£	£	£	£
Fund balances at 31 October 2023 are represented by:
Fixed assets	2,776	1,500	4,276	3,518
Current assets/(liabilities)	41,191	250	41,441	39,204
	43,967	1,750	45,717	42,722

19 Key management personnel

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

Aggregate compensation of the centre manager

2023	2022
£	£
‐	‐

The centre manager is also a trustee and director and provides his services as a volunteer

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MK MONEY LIFELINE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2023

20 Related party transactions

During the year the charity was party to the following arrangements:

Employment

Mrs S Anderson, the wife of the centre manager (who is also a Trustee) is employed as an office administrator. Her total remuneration in the year amounted to £7,365 (2022: £7,249). The terms and conditions of her employment are identical to those of all other employed staff. The centre manager does not participate in any decision making processes affecting her employment and the specific arrangements have been disclosed to the Charity Commission who have raised no objection.

Donations by Trustees

Donations totalling £7,250 (2022: £3,800) were made to the charity during the year by Trustees (or persons connected with them).

21 Future financial commitments

At the year end the charity had total commitments under operating leases for land and buildings expiring in two to five years of £5,530.

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