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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|6|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Cash Flow Statement||10||
|Notes to the Cash Flow Statement||||
|Notes to the Financial Statements|12|to|18|
|Detailed Statement ofFinancial Activities||19||
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|f.||I|6|
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies||3|493278||493478|693442|
|Charitable|activities||5|||||
|Projects||||23,526|236,687|260,213|194,316|
|Investment|income||4|548||548|29|
|Total||||517,352|236,687|754,039|887,587|
|EXPENDITURE ON||||||||
|Fundraising|projects|||15,611||15,611|9,875|
|Charitable|activities|||||||
|Projects||||486,046|244,535|730,581|694,597|
|Other|||||||10,887|
|Total||||501,657|244,535|746,192|715,359|
|NET INCOME/(EXPENDITURE)||||15,695|(7,848)|7,847|172,228|
|RECONCILIATION||OF FUNDS||||||
|Total funds|brought
forward|||372,803|84,384|457,187|284,959|
|TOTAL FUNDS CARRIED FORWARD||||388,498|76,536|465,034|457,187|
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||5A|PRIL 2023||||
|---|---|---|---|---|---|
|||||2023|2022|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|fimds|funds|
||Notes|f.|6|f.||
|FIXEDASSETS||||||
|Tangible assets|12|442|||1,569|
|CURRENT ASSETS||||||
|Debtors|13|129,018||129,018|158,555|
|Cash at bank and in hand|14|299,418|76,536|375,954|457,701|
|||428,436|76,536|504,972|616,256|
|CREDITORS||||||
|Amounts
falling due within one year|15|(40,380)||(40,380)|(160,638)|
|NET CURRENT ASSETS||388,056|76,536|464,592|455,618|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||388,498|76,536|465,034|457,187|
|NET ASSETS||388,498|76,536|465,034|457,187|
|FUNDS|17|||||
|Unrestricted
funds||||388,498|372,803|
|Restricted funds||||76,536|84,384|
|TOTAL FUNDS||||465,034|457,187|
##
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||||||2023|2022|
|---|---|---|---|---|---|---|
|||||Notes||f,|
|Cash flows fiom operating|activities||||||
|Cash generated
&om operations||||1|(82,295)|216,620|
|Net cash (used in)/provided|by|operating||activities|(82,295)|216,620|
|Cash flows from investing|activities||||||
|Interest received|||||548|29|
|Net cash provided by investing||activities||||29|
|Change in cash and cash equivalents|||in||||
|the reporting
period|||||(81,747)|216,649|
|Cash and cash equivalents|at|the|||||
|beginning
ofthe reporting|period||||457,701|241,052|
|Cash and cash equivalents|at|the end|of||||
|the reporting
period|||||375,954|457,701|
##
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|||NOTES TO THE CASH FLOW STATEMENT
FOR THE YEARENDED 5APRIL 2023|NOTES TO THE CASH FLOW STATEMENT
FOR THE YEARENDED 5APRIL 2023|||
|---|---|---|---|---|---|
|RECONCILIATION||OFNET INCOME TO NET CASH FLOW FROM||OPERATING ACTIVITIES||
|||||2023|2022|
|Net income for the|reporting||period (as per the Statement ofFinancial|||
|Activities)||||7,847|172228|
|Adjustments
for:||||||
|Depreciation
charges||||1,127|1,292|
|Interest received||||(548)|(29)|
|Decrease/(increase)|in|debtors||29,537|(101,859)|
|(Decrease)/increase|in|creditors||(120458)|144,988|
|Net cash (used in)/provided|||by operations|(82,295)|216,620|
##
|ANALYSIS OF CHANGES IN NET FUND|S|||
|---|---|---|---|
||At 6.4.22|Cash flow|At 5.4.23|
||||6|
|Net cash||||
|Cash atbank and in hand|457,701|(81,747)|375,954|
||457,701|(81,747)|375,954|
|Total|457,701|(81,747)|375,954|
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||Tangible assets|Tangible assets|under|f500 are written to the statement offin|f500 are written to the statement offin|ancial
activities as an|expense.||
|---|---|---|---|---|---|---|---|---|
||DONATIONS||AND|LEGACIES|||||
||||||||2023|2022|
||Donations|(including||gift aid)|||493/78|693,242|
|4.|INVESTMENT INCOME||||||||
||||||||2023|2022I|
||Bank interest||||||548|29|
|5.|INCOME|FROM CHARITABLE ACTIVITIES|||||||
||||||||2023|2022|
||||||Activtty||||
||||||Projects||260,213|194,316|
|6.|CHARITABLE ACTIVITIES||||COSTS||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|note 7)|Totals|
||Projects|||||719,312|11,269|730,581|
|7.|SUPPORT|COSTS|||||||
|||||||||Governance|
|||||||||costs|
||Projects|||||||11,269|
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|Support cost|s, included|in the above, are as follows:|||
|---|---|---|---|---|
||||2023|2022|
|||||Total|
||||Projects|activities|
|Independent|examiner's|remuneration|3,600|2,700|
|Board oftrustees' meetings|||185|23|
|Trustees' expenses|||862|307|
|Bookkeeping|and payroll||6,622|7,857|
||||11469|10,887|
##
||||2023|2022|
|---|---|---|---|---|
|Independent|examiner's|remuneration|3,600|2,700|
|Deprecianon|-owned|assets|1,127|1,292|
|Rent|||57,143|62,693|
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|STAFFCOSTS||||||
|---|---|---|---|---|---|
|||||2023|2022|
|Wages and salaries||||438,913|399,904|
|Social security costs||||44,080|38,504|
|Other pension costs||||44,700|32,326|
|||||527,693|470,734|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||2023|2022|
|Employees||||11|10|
||2023|2022|
|---|---|---|
|f60,001 - f70,000|2||
|f,120,001 —6130,000|1||
##
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||||NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEARENDED 5APRIL 2023|NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEARENDED 5APRIL 2023|NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEARENDED 5APRIL 2023|||
|---|---|---|---|---|---|---|---|
|11.|COMPARATIVES||FORTHE STATEMENT OFFINANCIAL AC~S|||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||I|f.||
||INCOME|AND ENDOWMENTS FROM||||||
||Donations|and legacies|||683,594|9,648|693,242|
||Charitable|activities||||||
||Projects||||23,604|170,712|194,316|
||Investment|income|||29||29|
||Total||||707227|180360|887,587|
||EXPENDITURE ON|||||||
||Fundraising|projects|||9,875||9,875|
||Charitable|activities||||||
||Projects||||517,756|176,841|694,597|
||Other||||10,887||10,887|
||Total||||538,518|176,841|715,359|
||NET INCOME||||168,709|3,519|172,228|
||Transfers|between|funds||(185)|185||
||Net movement
in funds||||168,524|3,704|172,228|
||RECONCILIATION|||OF FUNDS||||
||Total funds|brought|forward||204779|80,680|284,959|
||TOTAL FUNDS CARRIED FORWARD||||372,803|84,384|457,187|
|12.|TANGIBLE FIXEDASSETS|||||||
||||||||Offtce|
||||||||equipment|
||COST|||||||
||At 6 April|2022 and|5 April 2023||||6,189|
||DEPRECIATION|||||||
||At 6April|2022|||||4,620|
||Charge for|year|||||1,127|
||At 5ApÃ12023||||||5,747|
||NET BOOKVALUE|||||||
||At 5 April|2023||||||
||At 5 April|2022|||||1,569|
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|DEBTORS:AMOUNTS FA|LLING DUE WIT|HIN ONE YEAR||||
|---|---|---|---|---|---|
|||||2023|2022|
||||||6|
|Operatmg
debtors||||30,472|156,800|
|Other debtors||||98,546|1,755|
|||||129,018|158,555|
|CASH AT BANK AND IN HAND||||||
|||||5.4.23|5.4.22|
|||Lloyds Register||||
||General fund|Foundation|Peritia|Total funds|Total funds|
|||||8||
|Interest savings account|225,191|67,008|9,528|301,727|355,879|
|Bank current accounts|20,872|||20,872|17,160|
|Euro account|53,355|||53,355|84,662|
||299,418|67,008|9,528|375,954|457,701|
|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
|||||2023|2022|
|||||f||
|Social security and other taxes||||11,807|14,792|
|Other creditors||||28,573|17,952|
|Deferred income|||||127,894|
|||||40,380|160,638|
##
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|MOVEMEN|T IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 6.4.22|in funds|5.4.23|
|Unrestricted|funds||||
|General fund||372,803|15,695|388,498|
|Restricted funds|||||
|Peritia||84,384|(74,856)|9,528|
|Lloyds Register Foundation|||67,008|67,008|
|||84,384|(7,848)|76,536|
|TOTAL FUNDS||457,187|7,847|465,034|
##
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||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||ICSOllICCS|expended|in funds|
|Unrestricted|funds|||||||
|General fund|||||517,352|(501,657)|15,695|
|Restricted funds||||||||
|Peritia||||||(74,856)|(74,856)|
|Lloyds Register||Foundation|||225,999|(158,991)|67,008|
|Kickstart|||||10,688|(10,688)||
||||||236,687|(244,535)|(7,848)|
|TOTAL FUNDS|||||754,039|(746,192)|7,847|
|Comparatives||for movement|in funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 6.4.21|in funds|funds|5.4.22|
|||||f.||f.||
|Unrestricted|funds|||||||
|General fund||||204,279|168,709|(185)|372,803|
|Restricted funds||||||||
|Wellcome Trust||||5,944|(6,129)|185||
|Peritia||||74,736|9,648||84,384|
|||||80,680|3,519|185|84,384|
|TOTAL FUNDS||||284,959|172,228||457,187|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||IcsouIccs|expended|in funds|
|||f.|f.|f,|
|Unrestricted|funds||||
|General fund||707,227|(538,518)|168,709|
|Restricted funds|||||
|Wellcome Trust||13,073|(19,202)|(6,129)|
|Peritia||9,648||9,648|
|Lloyds Register Foundation||157,639|(157,639)||
|||180,360|(176,841)|3,519|
|TOTAL FUNDS||887,587|(715,359)|172,228|
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|||FORTHE YEARENDED|
5APRIL 2023||
|---|---|---|---|---|
||||2023|2022|
||||8||
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations
(including|gift|aid)|493,278|693,242|
|Investment
income|||||
|Bank interest|||548|29|
|Charitable
activities|||||
|Grants|||260713|194,316|
|Total incoming resources|||754,039|887,587|
|Raising donations
and legacies|||||
|Wages|||12,300|8,770|
|Social security|||1,300|842|
|Pensions|||2,011|263|
||||15,611|9,875|
|Charitable
activities|||||
|Wages|||426,613|391,134|
|Social secunty|||42,780|37,662|
|Pensions|||42,689|32,063|
|Rent, service charges,|rates and electricity||57,143|62,693|
|Insurance|||1,046|809|
|Computer
and website|||16,115|7,819|
|Telephone|||770|938|
|Postage and stationery|||3,413|2,316|
|Bank charges|||289|287|
|Project related expenses|||127,551|149,114|
|Exchange rate variances|||(2,594)|2,901|
|Repairs, renewals
and|equipment||2,370|5,569|
|Office equipment
depreciation|||1,127|1,292|
||||719,312|694,597|
|Support costs|||||
|Governance
costs|||||
|Independent
exanuner's||remuneration|3,600|2,700|
|Board oftrustees' meetings|||185|23|
|Trustees' expenses|||862|307|
|Bookkeeping
and payroll|||6,622|7,857|
||||11,269|10,887|
|Total resources expended|||746,192|715,359|
|Net income|||7,847|172,228|