OpenCharities

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2023-05-31-accounts

Trustees'
annual
report (incorporating		 Trustees'
annual
report (incorporating		 the director's report)
Independent
examiner's
report		 to the trustees
Statement
offinancial
activities		 (including income and
expenditure
account)
Statement
offinancial
position
Statement
ofcash flows
Notes to the financial statements

Year ended 31 Ilay 2023
2023 2022
Unrestricted Restricted
funds funds Total funds Total funds
Note F f
Income and endowments
Donations
and legacies		 5 179,956 318,286 498,242 333,839
Charitable
activities		 6 38,414 38,414 35,158
Other trading
activities		 7 22,138 22,138 1,972
Total income 240,508 318,286 558,794 370,969
Expenditure
Expenditure
on charitable		 activities 8,9 147,992 9,900 157,892 96,365
Total expenditure 147,992 9,900 157,892 96,365
Net income and net movement in funds 92,516 308,386 400,902 274,604
Reconciliation
offunds
Total funds brought
forward		 514,725 1,893,702 2,408,427 2,133,823
Total funds carried forward 607,241 2,202,088 2,809,329 2,408,427

31 INay 2023
2023 2022
Note E
Fixed assets
Tangible fixed assets 1,503,806 1,283,365
Current assets
Debtors 15 26,596
Cash at bank and in hand 1,323,308 1,128,090
1,323,308 1,154,686
Creditors: amounts falling due within one year 16 17,785 29,624
Net current assets 1,305,523 1,125,062
Total assets less current liabilities 2,809;329 2,408,427
Net assets 2,809,329 2,408,427
Funds ofthe charity
Restricted
funds		 2,202,088 1,893,702
Unrestricted
funds		 607,241 514,725
Total charity funds 2,809,329 2,408,427

Year ended 31 INay 2 0 23
2022
Cash flows from operating activities
Net income 400,902 274,604
Adjustments
for:
Depreciation
oftangible
fixed assets		 5,434 1,812
Accrued (income)/expenses (11,839) 29,624
Changes in:
Trade and other debtors 26,596 1,616
Trade and other creditors (12,652)
Cash generated from operations 421,093 295,004
Net cash from operating
activities		 421,093 295,004
Cash flows from investing activities
Purchase oftangible assets (225,875) (43,514)
Net cash used
in		 investing activities (225,875) (43,514)
Net increase
in		 cash and cash equivalents 195,218 251,490
Cash and cash equivalents at beginning ofyear 1,128,090 876,600
C~ash and cash equivalents at end ofyear 1,323,308 1,128,090

Donations
and legacies
Unrestricted Restricted Total Funds
Funds Funds 2023
F
Donations
Donations 172,767 318,286 491,053
Gift Aid 7,189 7,189
179,956 318,286 498,242
Unrestricted Restricted Total Funds
Funds Funds 2022
F f
Donations
Donations 227,626 106,213 333,839
Gift Aid
227,626 106,213 333,839

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
E E
Income from charitable activities and
events 38,414 38,414 35,158 35,158
7. Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
f.
Rental income from sub-letting 22,138 22,138 1,972 1,972
8. Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2023
f
Expenditure on charitable activities 145,565 9,900 155,465
Support costs 2,427 2,427
147,992 9,900 157,892
Unrestricted Restricted Total Funds
Funds
f		 Funds
F		 2022
E
Expenditure on charitable activities 94,365 94,365
Support costs 2,000 2,000
96,365 96,365
9. Expenditure on charitable activities by activity type
Activities
undertaken Support Total funds Total fund
directly costs 2023 2022
E E
Expenditure on charitable activities 155,465 155,465 94,365
Governance costs 2,427 2,427 2,000
155,465 2,427 157,892 96,365
10. Net income
Net income is stated after charging/(crediting):
2023 2022
Depreciation of tangible fixed assets 5,434 1,812

2023 2022 2022
F
Fees payable to the independent examiner
for:
Independent examination ofthe financial statements 2,000 2,000
Staff costs
The total staff costs and employee benefits for the reporting period are analysed
as follows:
2023 2022
f E
Wages and salaries 22,441 21,516
Employer contributions
to pension		 plans 836 645
23,277 22,161
The average head count of employees during the year was 1 (2022:1).The average number of
full-time equivalent employees during the year is analysed as follows:
2023 2022
No. No.
Number of staff 1 1
No employee received employee benefits of more than F60,000 during the year (2022: Nil).

None
of
expenses.
Tangible		 the
trustee
or
managemen
fixed assets		 t
committee
member
were		 remunerated or
paid
any
Land and Fixtures and
buildings fittings Total
F
Cost
At 1 June 2022 1,277,931 33,479 1,311,410
Additions 225,875 225,875
At 31 May 2023 1,503,806 33,479 1,537,285
Depreciation
At 1 June 2022 28,045 28,045
Charge for the year 5,434 5,434
At 31 May 2023 33,479 33,479
Carrying amount
At 31 May 2023 1,503,806 1,503,806
At 31 May 2022 1,277,931 5,434 1,283,365

Yea
15.		 r ended 31 Ilay 2
Debtors		 023
2023 2022
Other debtors 26,596
16. Creditors: amounts falling due within one year
2023
f		 2022
Accruals and deferred income 17,785 29,624
17. Pensions
and other		 post retirement benefits

Analysis ofnet a s se ts between
funds
Unrestricted Restricted Total Funds
Funds Funds 2023
F
Tangible fixed assets 1,503,806 1,503,806
Current assets 620,026 703,282 1,323,308
Creditors less than 1 year (17,785) (17,785)
Net assets 602,241 2,207,088 2,809,329
Unrestricted Restricted Total Funds
Funds Funds 2022
F
Tangible fixed assets 5,434 1,277,931 1,283,365
Current assets 538,915 615,771 1,154,686
Creditors less than 1 year (29,624) (29,624)
Net assets 514,725 1,893,702 2,408,427
Analysis ofchanges in net debt
At At
1 Jun 2022
f		 Cash flows 31 May 2023
Cash at bank and in hand 1,128,090 195,218 1,323,308