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|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|||||
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|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|
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|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|
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|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|
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|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|
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|||||||||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|
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|||||||||||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).||
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|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|
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|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|||
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|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|
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