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|Contents||||
|---|---|---|---|
|Chair's Statement. .||||
|Directors'
Annual Report:||||
|Structure,
governance
and management||||
|Objectives and activities. .||||
|Achievements
and performance.||||
|Fundra ising approach ..||||
|Looking forward ..|||.5|
|Financial review ..|||.S|
|Reserves Policy.||||
|Public benefit statement.||||
|Principal
risks and uncertainties:||||
|Risk management. .||||
|Responsibilities
ofthe Directors .....||||
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities (incorporating|income and expenditure)|...|....10|
|Balance Sheet as at 30w April 2023..||||
|Notes to the accounts|||1 2-18|
|Reference and administrative
details .|||.19|
|Our Supporters ...............................................................................................|||.20|
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|S||tatent
11iot I'lnanciul
Activities|tatent
11iot I'lnanciul
Activities|||||
|---|---|---|---|---|---|---|---|
|(|I|IlcI & I
'p0r,trIil8
Il1C0Iu e a l1dl vXpeI1iiRll I'a)||||||
||||Iyote||2022/2023||2021/2022|
|||||Unrestricted|Restricted|Total|Total|
||||||||E|
|||Income||||||
|||Individual
Donations||89,826|5,397|95,223|109,424|
|||Legacies||||||
|||Corporate/Group|Donations|63,089|9,176|72,265|131,384|
|||Gift Aid||10,239|970|11,209|11,018|
|||Grants from MK City Council||51,567|2,117|53,684|29,292|
|||Grants from other|sources|32,914|249,528|282,442|43,597|
|||Other Income||44,725||44,725|32,300|
|||Interest||302||302|1|
|||||292,662|267,188|559,850|357,016|
|||Expenditure||||||
|||Employment
costs||126,791|94,009|220,800|188,955|
|||Venue costs||17,152|20,925|38,077|13,152|
|||Guest Transport
&|Support|880|35,991|36,871|14,665|
|||Utilities||19,461|55|19,516|19,357|
|||Legal &Professional|fees|111,718|93,818|205,536|16,339|
|||Management
&Administration||51,303|24,823|76,126|79,701|
|||||327,305|269,621|596,926|332,169|
|||(Deficit)/Surplus
forthe year||(34,643)|(2,433)|(37,076)|24,847|
|||Fund balance brought forward||297,269|27,560|324,829|299,982|
|||Fund balance carried forward||||||
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||||Unrestricted|Restricted|2022/23|2021/22|
|---|---|---|---|---|---|---|
||||funds|funds|Total|Total|
|||Note|E|E|E||
|Fixed Assets|||557~53|1,745|559,198|574,128|
|Current Assets|||||||
|Cash at bank|||96,026|23,460|119,486|101,074|
|Debtors &Prepayments|||4899||4899|~10S17|
||||100,925|23,460|124,385|111,891|
|Creditors: amounts|falling due||||||
|within one year|||||||
|Creditors &Accruals|||86381|~78|~86459|~Z4 307|
|NET CURRENT ASSETS|||14,544|23,382|37,926|77,584|
|Creditors: amounts|falling due||||||
|after more than one year||9&10|(309,371)||(309,371I|f326,883)|
|TOTAL NET ASSETS|||262,626|25,127|2S7,753|324,829|
|Chaiity Reserves|||||||
|Designated
Property|Fund|12.1|||218,844|216,945|
|General Funds|||||43,782|80,324|
|Restricted
Funds||11&12|||25,127|27,560|
|TotalFunds|||||287,753|324,829|
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||||||2022/23|2022/23|2022/23||2021/22|
|---|---|---|---|---|---|---|---|---|---|
||||||||||f|
|Wages &Salaries|||||182,391||||159,580|
|Social Security Costs||||||7,523|||6,823|
|Pension|||||4,581||||3,952|
||||||194,495||||170,355|
|o employee
received benefits|ofmore than f60,000during|||the year.||||||
|uring the year the charity employed||an average of1full|time staff and|||9part time|||staff (2021/22:|
|ll time and 8part time)||||||||||
|rustees do not receive remuneration||but are reimbursed|for expenditure||||incurred||on behalf ofthe|
|harity. Expenses off2,374(2021/22:||f484) were reimbursed||to trustees|||in respect||ofadministration|
|nd operational
costs incurred|by the|charity.||||||||
|Fixed Assets||||||||||
|||||Land &||Plant &|||TOTAL|
||||Buildings
f||Equipment|||f||
|Cost||||||||||
|As at 1"May 2022 and 30e April 2023|||581,995||||10,606||592,601|
|Accumulated
De reciation||||||||||
|Broughtforward|||(13,580)||||(4,893)||(18,473)|
|Charge
in the year||||~11640|||~3290||~14930|
|Carried forward||||(25,220)|||(8,183)||(33,403)|
|Net BookValue||||||||||
|As at 30'" April 2022||||||||||
|As at 30e April 2023||||||||||
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|||||||2022/23f|2021/22f|
|---|---|---|---|---|---|---|---|
|Donations|&fundraising||||||4,768|
|Other||||||4,899|6,049|
|Total||||||4,899|10,817|
|9
Creditors||||||||
|9.1
Amounts||falling due within one year||||2022/23f|2021/22
f|
|Bank loans|and overdrafts||(see|Note 10)||28,560|24,857|
|Fundraising|expenses||||||2,000|
|Accrued costs||||||57,899|7,450|
|Total||||||86,459|34,307|
|9.2 Amounts
falling due after||||more than one-year||2022/23|2021/22|
|||||||f|f|
|Bank loans|(see note 10)|||||~309371|~326883|
|10
Secured||Debts||||||
|The following secured borrowing||||is included|within creditors:|||
|||||||2022/23|2021/22|
|||||||f|f|
|Bank loans||||||~337931|~351740|
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|Reserves|2022/23
f|2021/22f|
|---|---|---|
|Unrestricted|43,782|80,324|
|Designated|218,844|216,945|
|Restricted*|25,127|27,560|
|Total Reserves|287,753|324,829|
|Designated
Reserve|2022/23
f|2021/22f|
|---|---|---|
|Net book value on 30April|556,775|568,415|
|Mortgage
liability on 30April|(337,931)|(351,470)|
|Total Reserves|218,844|216,945|
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|||||Net Movement||
|---|---|---|---|---|---|
|||At|01/05/22|in Funds e|At 30/04/23|
||||6|6||
|Unrestricted
funds||||||
|General funds|||80,324|(36,542)|43,782|
|Designated
fund: Property|||216945|1899|218844|
||||297,269|(34,643)|262,626|
|Restricted funds||||||
|DLUHCs|||3,649|(1,904)|1,745|
|West Midlands
Trains Ltd|||1,689|2,091|3,780|
|Personal Medical Group|||3,922|5,097|9,019|
|Food and Night Shelter funding|||1,692|1,842|3,534|
|Welfare restricted|donations||18,731|6,407|25,138|
|MKCC' Night Shelter at Unity Park||Station|1,821|(1,821)||
|Garfield Weston|||16,458|(16,458)||
|The Julia & Hans Rausing Trust||||3,351|3,351|
|The Beatrice Laing|Trust||2,288|(2,288)||
|Wolverton
Building|Project||~22 690|1250|~21440|
||||~27 560|~2433|25 127|
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||Resources|expended|in funds|
|Unrestricted
funds|||||
|General and designated
funds|(12.1)|292,662|(327,305)|(34,643)|
|Restricted funds|||||
|DLUHC|||(1,904)|(1,904)|
|West Midlands
Trains Ltd||31,821|(29,730)|2,091|
|Personal
Medical Group||10,000|(4,903)|5,097|
|Food and Night Shelter funding||6,859|(5,017)|1,842|
|Welfare restricted donations||12,190|(5,783)|6,407|
|MKCC Night Shelter at Unity Park Station|||(1,821)|(1,821)|
|Garfield Weston|||(16,458)|(16,458)|
|The Julia Ik Hans Rausing Trust||18,450|(15,099)|3,351|
|The Beatrice Laing Trust|||(2,288)|(2,288)|
|National
Lottery —Welfare funding||93,400|(93,400)||
|National
Lottery —Wolverton|project funding|93,218|(93,218)||
|Wolverton
Building Project||1250||1250|
|||267 188|269621|2433|
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|Action4Youth|||Mercedes
MK|||||
|---|---|---|---|---|---|---|---|
|AFL Hyperscale|||Milton Keynes Community|Foundation|||Car Raffle|
|Akeley Wood School|||Milton Keynes Soroptimists|||||
|Asda Foundation|||Milton Keynes Tabernacle|||||
|Blue Marble
Ltd|||National
Grid Community|Matters||||
|BLUM UK|||National
Lottery|||||
|Broughton
Manor Preparatory||School|Nationwide
Building Society —Milton||||Keynes|
|Church ofChrist the Cornerstone|||branches|||||
|Cocoa Cola Community|Fund||Newport
Pagnell
Parochial|Church||Council||
|Cranswick Convenience|Foods||Neves Solicitors|||||
|Culture
Lab Consultancy|Limited||Old Stratford
Primary School|||||
|Denbigh School|||Personal Group|||||
|Emmaus Village at Carlton|||Reactive Doors Limited|||||
|Fortress Distribution
Limited|||Royal Bank ofCanada|||||
|Freemasons
Relief Chest|||Stony Stratford Mummers|||||
|Fusemetrix
Group Limited|||Suez UK|||||
|Grace Church|||Suzuki GB PLC|||||
|HM Prison &Probation Service|||The JJH Rausing Trust|||||
|Homely Spaces Limited|||Volkswagen
Financial Services||Retail UK|||
|John Lewis|||Waitrose|||||
|Kings Court Chapel, Milton Keynes|||West Midland
Trains|||||
|Lee Campbell|||Wharfside
Electrical Wholesalers|||Ltd||
|Lloyds Bank Foundation|||Whitespace
Yoga &Wellbeing||Studio|||