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2023-03-31-accounts

US Charitable Trust

Charity No. 1147089

Company No. 07953247

Trustees' Report and Unaudited Accounts 31 March 2023

1

US CHARITABLE TRUST (LIMITED BY GUARANTEE) LLEGAL AND ADMINISTRATION INFORMATION

REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1147089

Principal Office

The US Charitable Trust Alma Grove Combe Witney Oxon OX29 8NA

Registered office US Charitable Trust Newman Catholic College 145 Harlesden Road NW10 3RN

Trustees

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

The following Trustees served during the year;

Mrs S M Balfour Mr C Nyawo Ms E McKay Mr J Diego Miss T Li (appointed 18th July 2021) Mrs J Macleod (appointed 16th July 2021) Ms H Animashaun (appointed 2022) Mr Akeem Graham (appointed 2022) Ms Naduya Ismail (appointed 2022) Mr Alfred Quartey (appointed 2022) Mr C Balfour (appointed 2022) Mr D Donnelly (appointed 2022)

Accountant Sydney Hudson Ltd. Bedford Heights Brickhill Drive Bedford Bedfordshire MK41 7PH

2

US CHARITABLE TRUST (LIMITED BY GUARANTEE)

Contents

Page
Trustees’ Report and Chair's Report 4-6
Independent’s Examiner’s Report 7-8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11-18

3

US CHARITABLE TRUST (LIMITED BY GUARANTEE) TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is a charitable company limited by guarantee, incorporated on 16 February 2012 and registered as a charity on 2 May 2012. The charity subsequently changed its name from The Harlesden Hub to US Charitable Trust on 8 July 2013. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1 each.

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as Trustees. Under the requirements of the Memorandum and Articles of Association all Trustees must be members. Subscribers to the Memorandum (being the first Members) are also the first Trustees. Subsequent Trustees are elected by the Members. There must be at least three and not more than ten Trustees at any one time. Trustees remain in office until they cease to be a Member, resign by written notice to the Trustees (but only if at least two Trustees will remain in office) or otherwise becoming ineligible to hold office in accordance with the Memorandum.

All Trustees give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in Notes to the accounts.

Due to the geographical area in which the charity operates, the Trustees seek to ensure that local representatives are appropriately reflected through the diversity of the trustee body. To enhance the potential pool of trustees the charity has, through selective advertising in the local community, sought to identify residents in the local community who would be willing to become members of the charity.

The more traditional business skills are otherwise well represented amongst the Trustees.

Most Trustees are already familiar with the responsibilities and duties required of them. Currently, due to the size of the charity there are no formal systems in place with regard to Trustee training and induction. This will be reviewed as and when new Trustees are recruited.

The charity has a Board of Trustees made up of between three and ten Trustees who meet twice a year and are responsible for the strategic direction and policy of the charity. At present the Board has three members from a variety of professional backgrounds relevant to the work of the charity. The charity has also established an Advisory Board from which to draw on the expertise and advice from a variety of sources. Members of the Advisory Board include Headteachers, Assistant Headteachers, Community Leaders, parents and students.

Day to day responsibility has been delegated to Trustee and Chair Mrs S Balfour along with a Director of Operations. The Chair is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. The Director of Operations is

4

responsible for managing personnel, finances, operations, logistics, business matters, corporate and legal issues.

In so far as it is complementary to the charity's objects, the charity works closely with other key local organisations such as Young Brent Foundation, John Lyons Charity, London Youth, The Prince’s Trust, Radley College, Newman Catholic College and Imperial College.

The Trustees has assessed the major risks to which the Charity is exposed. A risk register has been established and will be updated at least annually going forward. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces.

OBJECTIVES AND ACTIVITIES

The Charity's purposes as set out in the objects contained in the charity's Memorandum of Association are to further or benefit the residents of Brent, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation or other leisure time occupation with the objective of improving the conditions of life for the residents.

The aims of the charity are to help young people in the deprived area of Brent, London and its surrounding neighbourhoods broaden their ambitions, opportunities and curiosity. The charity aims to develop the skills, passion and appetite of residents aged between 10 and 25, and encourage them to pursue their own particular interests, to achieve their full potential and, ultimately, to secure long-term employment. These aims fully reflect the purposes that the charity was set up to further.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

The activities of the charity in the period included the following:

January to March 2023 saw all our major programmes continue within partner schools: Zenobia Scholars, Future Voice and Youth Ambassadors within Crest Academy and Newman Catholic College. The team began preparing for a trial run of programmes with an intervention group within Alperton College after the Easter holidays. Matt Owen (Education Co-ordinator) gave his notice during February, allowing us 10 weeks to find a replacement. We began searching for the role on job seeking sites and following our safer recruitment process. An AGM was held on 28th March online with all trustee's present bar 3, who were sent a recording of the session after. New trustee's present included Helen Animashaun and Nadiya Hussain. We also said goodbye to Anil Iltas as trustee

FINANCIAL REVIEW

This year the charity raised £163,762 and expended £109,658 in delivering their programmes. At the end of the accounting period the charity had a reserve of £54,000.

5

Chair’s report 2023

I have enormous pleasure in writing the US Charitable Trust chairman report this year as the team have excelled themselves in the work they have done and the number of young people who have benefited. This has all been well covered by Tiffany Li, our COO’s Impact report. The work which Tiffany and Matt Owen have done this past year has been phenomenal. We are all extremely sad to see Matt move on but are happy for him and for the time he was supporting Us. Alisha Patel, as new Education coordinator, is most welcome and we are excited to learn from her as she takes up the next phase of the charity’s development.

Development brings me to our unsung heroine Janet Macleod our development manager who has worked miracles with her energy, time, contacts, and research. We have managed to secure “cost of living funding” from John Lyons Charity to help support our team through this cost-of-living crisis. We have, due to her research and out-reach, managed to make many new relationships and build stronger local ties to other charities and funders in our area; sharing information and skills which benefit all our young people. From Brent’s Holiday Funding, Future Communities Youth Fairs, London Youth, Young Brent Foundation, National Lottery and finally receiving funding from Children in Need.

Media Trust (through a John Lyon’s programme) has offered Us the opportunity to produce a free short video to help us project our image further. They will work with young people in our projects as well as professional actors. Future Communities Fund, in which all funding applications are reviewed by young people, we came 59 out of 650 applications. Janet has also researched STEAM and how we can support this educational approach to learning in the future. The A in steam is Arts which as many of you know has been put on the back burner behind STEM.

Serena Balfour

6

IMPACT REPORT 2 0 2 2

Tiffany Li Chief Operating Officer

“The charity asks for nothing back, you just want us to have a great future and prepare us for it, thank you for taking the time and patience to teach us the life lessons we need to be happy in the future and achieve the goals we set for ourselves”

Words cannot express how proud the Us team are of our young people’s achievements and of the advanced progression we have had as a team and organisation this year. 2022 has been an incredible journey for us all. With the expansion of the team, we have been able to reach more young people and impact on more lives. The quote above reflects on the core of the Us Charitable Trust values and mission: we are a family, and the voice of our young people and alumni are vital for the future.

Future Voice, Youth Ambassadors, Zenobia Scholars and extra-curricular clubs are being delivered regularly in our partner schools. With the focus being on enhancing transferable skills in every programme we deliver. We hope to equip our young people with the skills to build themselves a future they deserve.

Our hard work shows, this year our very own Education Operations Manager, Matt Owen, was nominated certified for Young Professional of the Year at the London Youth Awards. What an incredible award to be recognised for within the community. The impact Matt has on guiding our young people really shows with the increase of aspirations, increase of grades, and attendance.

We have much to celebrate this year, with new partnerships on board and the focus on employer engagement, and an increase in work experience 7 opportunities. Bring on 2023!

----- Start of picture text -----
P R O G R A M M E
FUTURE VOICE
Future Voice has been running across two schools make an informed decision between higher
in 2022, reaching over 400 students in Years 11, 12 education, apprenticeship, or immediate
and 13. It is a comprehensive, student designed employment through weekly one-on-one mentoring
careers and personal development package which alongside soft skills workshops, careers fairs,
seeks to improve quality of life while at school, and industry workshops/visits, work experience courses,
prepare for life after. We’ve supported students to enrichment activities and tailored support with
applications.
before after
feel proud of
96%
themselves
34%
100% feel they now
88%
100%
enjoy school more
Hold a relevant
feel their soft offer for their
96%
feel confident in skills have improved
next steps
their future
----- End of picture text -----

S T U D E N T T E S T I M O N I A L “If it wasn’t for Matt and Tiffany, I can confidently say I would not be where I am now. I’ve been given many opportunities from exploring a university… all the way to being accepted for one of the most prestigious offers of work experience in the country.”

8 us

Us Charitable Trust Impact Report 2022

Us Charitable Trust Impact Report 2022

us

P R O G R A M M E SUMMER CAMP 2022

This year, we teamed up with the Syria Summer Camp in Newman Catholic College to provide for more than thirty young people aged 10 to 15. The camp is deeply embedded in local communities, with over 80 disadvantaged, recently arrived or refugee attendees aged between 4 and 18. Our collaboration ensured we were reaching the young people who needed our services most while still offering a jam-packed programme of activities. We mixed museums with sightseeing and exciting attractions all based in or around London to help improve participants confidence, social skills and knowledge whilst having a great time with their friends.

32 97% 100% marginalised felt the camp said they enjoyed young people improved their or really enjoyed attended the camp wellbeing the camp

T E S T I M O N I A L S

“The best trip was the London Dungeons because it was so scary, and we all had so much fun”

“I really liked London Zoo and the animals. I want to go back and see more. I like nature a lot”

“I loved the Science Museum because I got to see a big meteor. I really want to help the world one day”

P R O G R A M M E YOUTH AMBASSADORS

Our new Youth Ambassadors programme began in September this year, offering thirty young people a space to meet other young people in the community whilst building soft skills, supporting mental health and wellbeing and meeting local employers. At monthly meetings, young people meet and share a hot, healthy meal from a local restaurant and engage in activities to develop knowledge and skills. In between sessions young people plan and execute relevant projects at each of their schools. All projects come from the interests of the students and are planned and executed by the students with the support of our team. The first major project took place in December 2022 at Alperton Community School, taking the form of a charity Christmas Fair, raising over £700 for Great Ormond Street Hospital.

9

P R O G R A M M E ZENOBIA SCHOLARS

Zenobia Scholars supports young women by: improving grades; offering academic and emotional support; offering UCAS and finance application support; developing language, public speaking and communication skills through workshops; developing research skills; developing an understanding of self-care, wellbeing and resilience; offering networking opportunities with universities and employers; giving access to cultural capital; providing a safe space to meet like-minded young women.

This year, Zenobia Scholars has been operating across two schools in Brent – The Crest Academy and Newman Catholic College – to help a group of thirty young women secure their next steps. As a result of Zenobia Scholars, participants see improved attainment of places at university, improved spoken and written English language skills, improved soft skills such as confidence and communication, improved academic attainment and improved emotional resilience and self-regulation.

The current cohort of Zenobia Scholars have been engaging through a variety of workshops and are currently working towards designing and organising a charity fashion show taking place in 2023 at The Crest Academy.

S T U D E N T T E S T I M O N I A L Miss, I am where I am today because of you. Some people did not believe I could do it. I also felt like I could not do it. But now look at me! I am so proud of myself, and I thank God every day for bringing you to me. You have changed by life.

More detailed reporting on programmes and events throughout 2022 is available on our website: www.theuscharitabletrust.org

10 us

Us Charitable Trust Impact Report 2022

Independent Examiner's Report to the trustees of US Charitable Trust

I report on the accounts of US Charitable Trust for the period ended 31 March 2022 which comprises of the Statement of Financial Activities, the Statement of Financial Position and the related notes.

This report is made solely to the charity’s trustees, as a body, in accordance with regulations made under Section 144 of the Charities Act 2011. My examination has been undertaken for no purpose other than to draw to the attention of the charity’s trustees those matters which I am required to include in an independent examiners’ report addressed to them. To the fullest extent permitted by law, I do not accept or assume responsibility to any party other than the charity and charity’s trustees as a body, for my examination, for this report, or for the opinions I have formed.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under charity law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the 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 you as trustees concerning any such matters. The procedures 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 matter has come to my attention:

have not been met; or

11

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Beverley Sydney BSc MAAT Independent Examiner

Sydney Hudson Ltd. Bedford Heights Brickhill Drive Bedford MK41 7PH

12

US Charitable Trust Statement of Financial Activities

for the year ended 31 March 2023

Notes
Income and endowments
from:
Donations and legacies
4
Total
Expenditure on:
Raising funds
Charitable activities
5
Other
6
Total
Net gains on investments
Net income/(expenditure)
7
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2023
£
54,660		 Restricted
funds
2023
£
109,099		 Total funds
2023
£
163,759		 Total funds
2022
£
85,110
54,660
-
-
25,449		 109,099
-
12,119
74,702		 163,759
-
12,119
100,151		 85,110
24,241
60,011
9,462
25,449
-		 86,821
-		 112,270
-		 93,714
-
29,211
-		 22,278
-		 51,489
-		 (8,604)
-
29,211 22,278 51,489 (8,604)
29,211
35,160		 22,278
-		 51,489
35,160		 (8,604)
43,764
64,371 22,278 86,649 35,160

13

US Charitable Trust Summary Income and Expenditure Account

for the year ended 31 March 2023

Income
Gross income for the year
Expenditure
Depreciation and charges for
impairment of fixed assets
Total expenditure for the year
Net income/(expenditure) before tax
for the year
Net income /(expenditure )for the year		 2023
£
163,759
163,759
112,270
-
112,270
51,489
51,489		 2022
£
85,111
85,111
92,127
1,587
93,714
(8,603)
(8,603)

14

Page 1

US Charitable Trust Balance Sheet

at 31 March 2023

Company No.
07953247
Notes
2023
£
Fixed assets
Tangible assets
9
-
Current assets
Debtors
10
-
Cash at bank and in hand
86,649
86,649
Creditors:Amount falling due within one year
11
-
Net current assets
86,649
Total assets less current liabilities
86,649
Net assets excluding pension asset or liability
86,649
Total net assets
86,649
The funds of the charity
Restricted funds
12
Restricted income funds
22,278
22,278
Unrestricted funds
12
General funds
64,371
64,371
Reserves
12
Total funds
86,649		 2022
£
-
1,800
37,300
39,100
(3,940)
35,160
35,160
35,160
35,160
-
-
35,160
35,160
35,160

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 March 2023

And signed on its behalf by:

Serena Balfour Trustee 31 March 2023

15

US Charitable Trust Notes to the Accounts

for the year ended 31 March 2023

Basis of preparation

The financial statements have been prepared in accordance with 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

16

US Charitable Trust Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Electrical equipment 25%% Straightline method

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

17

US Charitable Trust Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

18

US Charitable Trust Notes to the Accounts

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

3
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
Main Grant - National Lottery
Other Donations		 Unrestricted
£
32,361
22,299
54,660		 Unrestricted
funds
2022
£
10,227
10,227
-
27,011
3,840
30,851
(20,624)
(20,624)
(20,624)
43,764
23,140
Restricted
£
-
109,099
109,099		 Restricted
funds
2022
£
74,884
74,884
24,241
33,000
5,622
62,863
12,021
12,021
12,021
-
12,021
Total
2023
£
32,361
131,398
163,759		 Total funds
2022
£
85,111
85,111
24,241
60,011
9,462
93,714
(8,603)
(8,603)
(8,603)
43,764
35,161
Total
2022
£
24,241
57,754
81,995

19

US Charitable Trust

Notes to the Accounts

5 Expenditure on charitable activities

Expenditure on charitable
activities
Charity Activities
Contractors
Governance costs
COO
6
Other expenditure
Employee costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
7
Net income/(expenditure) before transfers
This is stated after charging:
Depreciation of owned fixed assets
8
Staff costs
Salaries and wages
Social security costs
No employee received emoluments in excess		 Unrestricted
£
23,297
-
2,152
-
25,449
of £60,000.		 Restricted
£
10,371
1,748
-
12,119
Restricted
£
67,658
-
3,340
3,704
74,702
2023
£
-
2023
66,264
1,390
67,654		 Total
2023
£
10,371
1,748
-
12,119
Total
2023
£
90,955
-
5,492
3,704
100,151		 Total
2022
£
15,988
11,023
33,000
60,011
Total
2022
£
2,150
1,587
2,187
3,538
9,462
2022
£
1,587
2022
-
2,150
2,150

20

US Charitable Trust Notes to the Accounts

9 Tangible fixed assets

Cost or revaluation
At 1 April 2022
At 31 March 2023
Depreciation and
impairment
At 1 April 2022
At 31 March 2023
Net book values
At 31 March 2023
At 31 March 2022
10 Debtors
Trade debtors
11 Creditors:
amounts falling due within one year
Other creditors		 2023
£
-
-
2023
£
-
-		 Electrical
equipment
£
7,672
7,672
7,672
7,672
-
-		 Total
£
7,672
7,672
7,672
7,672
-
-
2022
£
1,800
1,800
2022
£
3,940
3,940

21

US Charitable Trust Notes to the Accounts

12 Movement in funds

Restricted funds:
Restricted income funds:
Main Grant - National Lottery
John Lyons Charity
John Lyons Charity
OPDC
CAF
Jack Petchey
Total
Unrestricted funds:
General funds
Designated funds:
Monkey Puzzle
Total
Total funds		 At 1 April
2022
-
-
-
-
-
-
-
-
35,160
-
-
35,160		 Incoming
resources
(including
other
gains/losses
)
£
28,176
33,000
6,600
2,410
34,013
4,000
900
109,099
33,660
21,000
21,000
163,759		 Resources
expended
£
(30,576)
(29,729)
(5,471)
(2,410)
(13,735)
(4,000)
(900)
(86,821)
(4,449)
(21,000)
(21,000)
(112,270)		 At 31
March
2023
£
(2,400)
3,271
1,129
-
20,278
-
-
22,278
64,371
-
-
86,649
Purposes and restrictions in relation to the funds: Purposes and restrictions in relation to the funds:
Restricted funds:
Main Grant - National Lottery
John Lyons Charity COO wages 21/22
John Lyons Charity Summer Fete
OPDC Summer Fete
CAF Restricted to day to day running of charity
Jack Petchey
Designated funds:
Monkey Puzzle

13 Analysis of net assets between funds

Net current assets Unrestricted
funds
£
25,384
25,384		 Restricted
funds
£
61,265
61,265		 Total
£
86,649
86,649

22

US Charitable Trust Notes to the Accounts

14 Reconciliation of net debt

Reconciliation of net debt
Cash and cash equivalents
Net debt		 At 1 April
2022
£		 Cash flows
£		 At 31
March
2023
£
37,300 49,349 86,649
37,300
37,300		 49,349
49,349		 86,649
86,649

15 Related party disclosures Controlling party

23