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2022-07-31-accounts

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

REGISTERED COMPANY NUMBER: 07719125 (England and Wales) REGISTERED CHARITY NUMBER: 1146228

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 FOR NATHAN TIMOTHY FOUNDATION LTD

Focal Business Group Limited 4A Church Street Market Harborough Leicestershire LE16 7AA

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2022

Report of the Trustees Pages 1 - 14
Independent Examiner's Report Pages 15 - 16
Statement of Financial Activities Page 17
Balance Sheet Pages 18 - 19
Notes to the Financial Statements Pages 20 - 26
Detailed Statement of Financial Activities Pages 27 - 28

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07719125 (England and Wales)

Registered Charity number

1146228

Registered office

7 Reservoir Close

Greenhithe

Kent

DA9 9BX

Trustees

M P Buckley

M Lewis

P J Rhodes

Company Secretary

Independent examiner

Focal Business Group Limited

4a Church Street,

Market Harborough, Leicestershire, LE16 7AA

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trustees and directors who served during the year to 31 July 2022 were as follows:

Mr Melvyn Lewis

Mr Peter Rhodes

Mr Mark Buckley

The Trustees of the Nathan Timothy Foundation - The Songwriting Charity (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with financial statements of the Nathan Timothy Foundation - The Songwriting Charity (the charity) for the year ended 31 July 2022. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

The company is constituted under a Memorandum of Association and is a registered charity number 1146228. The charity is constituted as a company limited by guarantee and is therefore governed by its memorandum and articles of association. Legal responsibility for the management and stewardship of the Charity is vested in the Board of Trustees.

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STRUCTURE, GOVERNANCE AND MANAGEMENT

Method of appointment or election of trustees

The management of the charity is the responsibility of the Trustees who are elected and under the terms of the Articles of Association. Potential trustees are identified by various methods:

Trustees meet at least four times a year via Skype, telephone conference or face-to-face are held as and when opportunity and need require it. The charity's Trustees are proactive and if they are aware of an opportunity that could positively impact our beneficiaries, they communicate these to the charity's senior management team.

Policies adopted for the induction and training of trustees.

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STRUCTURE, GOVERNANCE AND MANAGEMENT

Reserves

The charity maintains a small reserve. However, during the financial year it has been necessary for the charity to utilise these reserves due to adverse effect the pandemic has had on normal operations and income generation.

We acknowledge the Charity Commission's guidance provides the basis of our commitment to maintaining and where possible growing our reserve, with particular focus on mitigating either of the following scenarios:

a) A source of income, e.g., a grant, not being renewed. Funds might be needed to give the trustees time to take action if income falls below expectations.

b) The need to fund short-term deficits in a cash budget, e.g., money may need to be spent before a funding grant is received.

Public Benefit

The Trustees of the charity confirm they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission in determining the range of activities undertaken by the charity. The Trustees confirm that in planning the activities of the charity, that such activity is undertaken in the best interest of beneficiary groups and not at the detriment or exclusion of any beneficiaries.

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.

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

STRUCTURE, GOVERNANCE AND MANAGEMENT

Slavery and Human Trafficking Statement

The Modern Slavery Act 2015 introduces new obligations in relation to slavery and human trafficking. The Charity is fully supportive of the new legislation. Whilst the Charity feels it has a low risk of being exposed to suppliers who utilise human trafficking or slavery, we are committed to improving our practices to combat slavery and human trafficking, where we can. Through vigilance and internal consultation and discussion, we enforce controls to ensure slavery and human trafficking is not taking place anywhere in our limited supply chains.

Due diligence processes for Slavery and Human Trafficking .

As part of our commitment to identify and mitigate risk, we regularly review our buying practices, ensuring we have in place systems to:

Identify and assess potential risk areas in our supply chains; mitigate the risk of slavery and human trafficking occurring in our supply chains; and monitor potential risk areas in our supply chains.

We work closely with a small number of regular suppliers of music technology, software, and hardware. We also purchase hardware from established businesses such as Apple Computers, eBay, Amazon UK, and other technology companies. In such cases, we are reliant on company transparency, corporate diligence, and self-regulation.

The charity realises this is not always ideal, but where such checks and balances exist outside of our control, trustees will help inform direction and any action to be taken to ensure the charity acts in accordance with its values, aims and objectives.

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OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the Nathan Timothy Foundation ‘The Songwriting Charity’ are the advancement of education and training, through the provision of songwriting (drawing on sport, multimedia, and creative arts practice) programs that enhance and support children's learning in schools and communities throughout the UK.

To act as a resource for young people up to the age of 25 living in the United Kingdom by providing advice and assistance and organising programs of physical, educational and other activities as a means of:

a) Advancing in life and helping young people by developing their skills and capabilities to enable them to participate in society as independent, mature and responsible individuals;

b) Advancing education, specifically music education and literacy;

c) Relieving unemployment, through advancement of training, creation of internship and volunteering opportunities that facilitate attainment of new skills for all young people and young adults;

d) Providing recreational and leisure time activity using songwriting and creative musical expression in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons

STATUS

The company is limited by guarantee and as such does not have any share capital. The company is also a registered charity. The charity number is 1146228.

ACCOUNTS

The trustees and directors have pleasure in submitting their report, together with the unaudited financial statements for the period ended 31 July 2022.

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

TRUSTEES' AND DIRECTORS' RESPONSIBILITIES

The trustees and directors are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:

The trustees and directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust and to enable them to ensure that the financial statements comply with the Charities Act 1992. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the trustees and directors.

Signed:

Mr Mark Buckley

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ACHIEVEMENT AND PERFORMANCE

The team were busy throughout the year running projects and one-off workshops across East Anglia, Kent and London. We continued our NHS Connections mentoring programme with young people in South Cambs. And there were considerable highlights for the team to feel proud of. We were delighted to have received positive feedback from all partners worked with during the year, particularly our Sports Tracks music project celebrating the England Women’s National Football Team at the European Championships with participating local schools:

“The delivery of the Dartford FC Songwriting Programme by The Songwriting Charity was exceptional. Feedback from the schools was incredibly positive across the board, and so many great stories of children being engaged during the workshop and subsequently in school thereafter. Many schools have been asking if the programme is continuing this academic year. Thank you to the Foundation for its partnership.” Jon Rye, Education Manager, Dartford FC Community Foundation. We’d like to extend a special thank you to Jon for working with us again.

Summary of activity August 2021 – July 2022:

In total, the team delivered 70 full day workshops, over 80 hours of post-production work, and another 40 individual mentoring interactions via email and telephone. Considering the lack of grant income during this period, the trustees would like to offer their collective thanks to Nathan and John for their hard work and ongoing commitment to seeing projects through to their conclusion and for always going above and beyond what is expected.

Between them they donated considerable amounts of time to the charity’s projects and operational work. In total 40 working days were donated to the charity to support its project commitments.

Southend-on-Sea, Services for Schools (Music & Communications)

We were pleased to be recommissioned to deliver small pockets of work in the authority during the course of the year. A mixture of SEN and mainstream settings all took advantage

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of funding available and as always, the team delivered first class workshops meeting all aims and objectives for the commissioners and the beneficiary schools. We hope this will continue for the foreseeable future.

Looking ahead to the next academic year, the team have applied for grants to develop broaden their initial NHS mentoring pilot with a view to helping children and young people who are not accessing or attending school because of the knock-on impact to their learning and emotional health wellbeing. This work will initially be conducted locally to the Kent office.

Financial outlook

There is no doubt that the next 12-24 months are going to be critical for the charity. While we remain focused on delivering against our core objectives, there appears at this stage to be little let-up in the bleak outlook for funding. Donation income is down 57% on the previous year and grant applications unsuccessful. Locally, things are looking more promising with appropriate funders identified who could support the development of our mentoring programme, albeit at local level and not farther afield. As the charity is not in a position to scale up, this is not necessarily problematic as we focus our efforts and energies on gaining a measure of financial stability.

However, with few fundraising events nor enough funds internally to speculate on fundraising activities the prospect for the charity to post a significant recovery in its fortunes remain challenging. And while we remain grateful that considerable time and expertise is being provided to the charity by its core team at little to no cost, this isn’t sustainable way to work.

The graph below shows how low income fell over the course of the pandemic, particularly at its peak. Income was already in decline between 2017-2019 due mainly to the end of lapsed Google Ads Grant and budgetary cuts to education. When Government and media were discussing prospects of a national lockdown and potential closure of schools, the months leading up to the first lockdown as reported in our previous accounts saw all our unrestricted income from direct sales to schools vanish overnight.

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

A slight uptick at the end of the previous financial year indicated some shoots of recovery, but failure to secure another lucrative fundraising event, only marginal recovery in bookings for workshops and a diminished team conspired to make the year under review an exhausting and stressful period for all concerned.

Looking ahead

The team have submitted grant applications to local community foundations and the National Lottery Community Fund and are researching other potential avenues of support. There is a lot of prospect research being done and it is hoped that this will yield enough opportunity for the team to plan some new projects and programmes for the next two years.

The team are also reviewing the charity’s web presence and whether it should remain on the Weebly web builder platform. This is due in part to an idea for a new project that has mentoring at its core and this would necessitate a number of additional accessibility features along with a more comprehensive page builder and content management.

Of the fundraising events that were planned previously, only one remains in the pipeline. Photographer and musician John Dawson remains committed to creating an exhibition of black and white photography featuring a number of high profile songwriters/composers and their favourite instruments. Below are some behind the scenes shot featuring Mark King and Roxanne De Bastion.

Lead singer and bassist of Level 42, Mark King and Photographer, John Dawson

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

Singer and songwriter, Roxanne De Bastion and Photographer, John Dawson

Merchandise

An area the charity is keen to focus some time and energy on is our small portfolio of merchandise. Utilising Redbubble as the online outlet we set up an artist’s store and John worked up a number of designs for a range of tees, hoodies and water bottles. We chose Redbubble mainly due to personal experience of supporting other artists’ stores. With no need to hold stock there was no investment in capital required and no risk, all we had to do was use templates to upload artwork, create collections of products and agree how much margin we wanted to secure against how much we could reasonably expect to charge for the merchandise.

Although our initial foray was brief, we saw some potential to generate income down the line. It is hoped we will be able to invest more time in developing our collections and making more sales to boost our income in the next 12-24 months.

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

Saying thank you

We are grateful for the support of the following companies and individuals who have donated and volunteered time and expertise to support us during this very difficult period:

Clear Financial Advice Limited - MD, Barry Greening, DipPFS Korg UK Mr. Jon Rye Bubble & Scruff CIC Focal Business Group Limited Cadsoft Solutions Limited Mr. Nicholas Johnson Mrs. Helen Hannam Users of The Giving Machine Players of the Giving Lottery Users of Amazon Smile Estelle Timothy Kathryn Quinn Mr. John Dawson Mr. Tim Cawte Mrs. Amy Vinnicombe Behringer Music Tribe Fay Morgan-Hine Kimberly Evans

Signed for and on behalf of the Songwriting Charity

Trustee

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF NATHAN TIMOTHY FOUNDATION LTD

I report on the accounts for the year ended 31 July 2022 set out on pages seventeen to twenty-eight.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Commission (under section 145(5)(b) of the Charities Act, and

Basis of the independent examiners report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

the Companies Act 2006 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; or

I 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.

Michael Osborne Focal Business Group Limited 4a Church Street, Market Harborough, Leicestershire, LE16 7AA

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR 31 JULY 2022

INCOMING RESOURCES
Incoming resources from generated funds
Voluntary Income
Activities for generating funds
Investment Income
Total incoming resources
RESOURCES EXPENDED
Costs of generating funds
Direct Charitable Expenditure
Governance Costs
Other resources expended
Total resources expended
NET INCOMING / (OUTGOING)
RESOURCES BEFORE TRANSFERS
Gross transfers between funds
Net incoming / (outgoing) resources
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Notes
2
3
4
5
11		 Unrestricted
Funds
£
21,169
29,509
1
50,679
50,899
0
0
50,899
(219)
0
(219)
7,932
7,713		 Unrestricted
Funds
£
21,169
29,509
1
50,679
50,899
0
0
50,899
(219)
0
(219)
7,932
7,713		 Restricted
Funds
£

0
 Restricted
Funds
£

0
 2022
Total
Funds
£
21,169

29,509
1
50,679

50,899

0
0
50,899

(219)
0
(219)
7,932
7,713		 2021
Total
Funds
£
46,117
8,881
1
50,679
50,899
0
0		 0

0

0
0		 54,999
55,215
0
0
50,899
(219)
0		 0

0
0		 55,215
(217)
0
(219)
7,932		 0
0		 (217)
8,149
7,713 0 7,932

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

BALANCE SHEET FOR THE YEAR 31 JULY 2022

Notes
FIXED ASSETS
Tangible Assets
8
CURRENT ASSETS
Debtors
9
Cash at bank
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted Unrestricted Unrestricted Unrestricted 2022
Total
Funds
£
0
5,300
2,413
7,713
0
7,713
7,713
7,713
7,713
0
7,713		 2021
Total
Funds
£
0
2,025
5,907
Funds
£
0
5,300
2,413
£
0
0
0
7,713
0		 0
0		 7,932
0
7,713 0 7,932
7,713 0 7,932
7,713 0 7,932
7,932
0
7,932

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

BALANCE SHEET - CONTINUED FOR THE YEAR ENDED 31 JULY 2022

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special provisions of Part J5 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on 13[th ] March 2023 and were signed on its behalf by:

Mr Mark Buckley - Trustee

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JULY 2022

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 31 JULY 2022

2. VOLUNTARY INCOME

2. VOLUNTARY INCOME
2022 2021
£ £
Gifts 0 0
Donations 2,701 4,809
Donated Services and facilities 18,468 15,468
21,169 20,277
Donated services
Included within donated services and facilities are the following;
Music production and workshop facilitation 7,600 29,240
Accountancy services 600 600
Hire of equipment 5,268 5,268
Subcontractors 5,000 5,000
Promotional expenses 0 0
Software licences and server hire 1,200
18,468 41,308
3. ACTIVITIES FOR GENERATING FUNDS
2022 2021
£ £
Project Income 32,210 9,422
32,210 9,422
4. INVESTMENT INCOME
2022 2021
£ £
Deposit account interest 1 1
1 1

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 31 JULY 2022

5. DIRECT CHARITABLE EXPENDITURE

5. DIRECT CHARITABLE EXPENDITURE
2022 2021
£ £
Sundry Project Expenses 0 0
Hire Of Equipment 5,268 5,268
Travel & Accomodation 0 0
Subcontractors 44,740 46,260
Depreciation 0 0
Support Costs 891 3,687
50,899 55,215
6. NET INCOMING/(OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
2022 2021
£ £
Depreciation - owned assets 0 0
0 0

7. TRUSTEES’ RENUMERATION AND BENEFITS

Trustees’ expenses There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021

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NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 31 JULY 2022

8. TANGIBLE FIXED ASSETS

COST
At 1 August 2021
Additions
At 31 July 2022
DEPRECIATION
At 1 August 2021
Charge for year
At 31 July 2022
NET BOOK VALUE
At 1 August 2021
At 31 July 2022		 Plant and
machinery
£
7,842
0
7,842
7,842
0
7,842
0
0

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Trade debtors
5,300
5,300
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Trade creditors
0
0		 2021
£
2,025
2,025
2021
£
0
0

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 31 JULY 2022

11. MOVEMENT IN FUNDS

Unrestricted funds
General
Restricted Funds
None
TOTAL FUNDS		 At 1/8/21
£
8,202
0
0
0
0
8,202		 Net
Movement in
Funds
£
(219)
0
0
0		 Net
Movement in
Funds
£
(219)
0
0
0		 Transfer
between
funds
£
0
0
0
0		 Transfer
between
funds
£
0
0
0
0		 At 31/7/22
£
7,983
0
0
0
0 0 0
(219) 0 7,983

Net movement in funds, included in the above are as follows :

Unrestricted funds
General
Restricted funds
Awards For All
KCF Dulverton
KCFCovid Fund
TOTAL FUNDS
Transfers between funds
Transfers between funds represents the following;
Overspend on restricted projects
Net transfer's to restricted from general funds		 Incoming
resources
£
50,679
0
0
0
0		 Resources
Expended
£
(50,899)
0
0
0
0		 Movement
in funds
£
(219)
0
0
0
0		 Movement
in funds
£
(219)
0
0
0
0
0 0 0
50,679 (50,899) (219)
£
0
0

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR 31 JULY 2022

12. ULTIMATE CONTROLLING PARTY

The Charity is under the joint control of the trustees.

13. TAXATION

The company is treated as a charity within the meaning of the Income tax and Corporation Taxes Act 1988 and has been afforded exemptions from taxation under section 505 of that act.

14. COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have a share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

NATHAN TIMOTHY FOUNDATION LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR 31 JULY 2022

INCOMING RESOURCES
Voluntary Income
Gifts
Donations
Donated services and facilities
Activities for generating funds
Project Income
Sales of Product Income
Investment Income
Deposit account interest
Total Incoming Resources		 2022
£
0
2,701
18,468
21,169
29,500
9
1
50,679		 2021
£
0
4,809
41,308
46,117
8,881
1
54,999

DocuSign Envelope ID: 30C70AFA-E39F-4EC9-89B2-BBAF0C008CFB

RESOURCES EXPENDED
Direct Charitable Expenditure
Sundry project expenses
Hire of equipment
Travel & accomodation
Subcontractors
Depreciation of tangible fixed assets
Governance Costs
Accountancy
Management & Administration Of The Charity
Rent, Rates & Water
Light & Heat
Telephone
Sundries
Subcontractors
Computer and internet expenses
Finance
Bank Charges
Other
Promotional Expenses
Dues and subscriptions
Printing & reproduction
Total Resources Expended
Net Income		 0
0
5,268
5,268
0
0
44,740
45,573
0
0
50,008
50,841
600
600
0
0
0
0
0
0
53
0
0
0
142
3,687
195
3,687
96
87
0
0
0
0
0
0
0
0
50,899
55,215
(219)
(217)