##
|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|14|
|Report ofthe Independent
Auditors|15|to|17|
|Statement
of Financial Activities||18||
|Balance Sheet||19||
|Cash Flow Statement||20||
|Notes to the Cash Flow Statement||21||
|Notes to the Financial Statements|22|lo|33|
|Detailed Statement
af Financial
ActiviTies|34|to|35|
##
|TRUSTEES|||5 Carey||||
|---|---|---|---|---|---|---|
||||R H Devine||||
||||N Dew)i||||
||||LCGallagher|-Co-Chair|||
||||E Naylor
—Co-Chair||||
||||R OLoughlin||||
||||J Vezey||||
|COMPANY|SECRETARY||W J Hill||||
|REGISTERED|OFFICE||Suffolk Enterprise
Centre||||
||||Felaw Maltings||||
||||44 Felaw Street||||
||||Ipswich||||
||||Suffolk||||
||||IP2 BSJ||||
|REGIS'TERED|COMPANY|NUMBER|08244118 (England and Wales)||||
|REGISTERED|CHARITY NUMBER||1149488(England and Wales)||||
||||20200334 (Reputslic of Ireland)||||
|AUDITORS|||Fortus Audit
LLP||||
||||Chartered
Accountants||IL Statutory|Auditor|
||||31 High View Close||||
||||Hamilton Office Park||||
||||Leicester||||
||||Leicestershire||||
||||LE4 9LJ||||
|BANKERS|||Lloyds Bank||||
||||79 High Street||||
||||Chesham||||
||||Buckingharnshire||||
||||HP5 IDE||||
|SOLICITORS|||Gordon Dadds||||
||||80 Brook Street||||
||||Mayfair||||
||||London||||
||||WI K 5DD||||
|INVESTMENT|ADVISERS||Brewin Dolphin||||
||||12Srnithfield Street||||
||||London||||
||||ECIA 9BD||||
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes||||E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations and legacies||4|2,045,368|50,000|2,095,368|1,581,083|
|Charitable
activities|||||||
|Building Mental
Health||||135,610|135,610|217,781|
|Other trading
activities||5|1,441,710||1,441,710|478,248|
|Investment
income||6|15,270||15,270|5,832|
|Total|||3,502,348|185,610|3,687,958|2,282,944|
|EXPENDITURE ON|||||||
|Raising funds||8|1,468,342|155|1,468,497|796,022|
|Charitable
activities|||||||
|Building Mental
I-lealth||||155,543|155,543|233,191|
|Welfare 8, Benevolence|||945,767||945,767|551,901|
|Education
8,Training|||153,312||153,312|230,084|
|Health &Safety Innovation
Governance
costs|||267,413
25,985||267,413
25,985|59,421
~32952|
|Total|||2,860,819|155,698|~3,016517|~1903,571|
|Net gains/(losses)
on investments|||217,197||~217197)|70,081|
|NET INCOME|||424.332|29,912|454,244|449,454|
|RECONCH. IATION OF FUNDS|||||||
|Total funds brought
forward|||2,617,890|55,700|2,673,590|2,224,136|
|TOTAL FUNDS CARRIED FORWARD|||3,042,222|85,612|3,127,834|2,673,590|
##
||||2022|2021|
|---|---|---|---|---|
|||Notes|S||
|FIXED ASSETS|||||
|Tangible assets||14|13,219|3,709|
|Investments||15|~1679287|892,352|
||||1,692,506|896,061|
|CURRENT ASSETS|||||
|Debtors||16|447,609|356,055|
|Cash in hand|||1,278.640|1,865,064|
||||1,726,249|2,221,119|
|CREDITORS|||||
|Amounts
falling due within one year||17|(290,921)|(443,590)|
|NET CURRENT ASSETS|||1,435,328|1,777,529|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||3,127,834|2,673,590|
|NET ASSETS|||3,127,834|2,673,590|
|FUNDS||20|||
|Unrestricted
funds:|||||
|General
fund|||2,542,222|2,367,890|
|Sixmonth contingency|fund||500,000|250,000|
||||3,042,222|2,617,890|
|Restricted
funds|||85,612|55,700|
|TOTAL FUNDS|||3,127,834|2,673,590|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Notes||E|
|Cash flows from operating||activities|||||
|Cash generated
from operations||||1|417,416|462,353|
|Net cash provided
by operating
activities|||||417,416|~462 353|
|Cash flows from investing|activities||||||
|Purchase oftangible
fixed||assets|||(14,978)|(3,552)|
|Purchase offixed asset investments|||||(1,370,301 )|(491,035)|
|Sale offixed asset investments|||||357,575|75,752|
|Cash transferred
to investment
portfolio|||||8,594|417,074|
|Interest received|||||7|3|
|Dividends
received|||||15,263|5,829|
|Net cash (used in)/provided||by investing||activities|~1,003,840)|4,071|
|Change
in cash and cash||equivalents|in||||
|the reporting
period|||||(586,424)|466,424|
|Cash and cash equivalents||atthe|||||
|beginning
ofthe reportIng||period|||1,865,064|1.398,640|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||1,278,640|1,865,064|
##
##
||RECONCILIATION
O|F NE|T INC|OME TO NET CASH FLOW FROM OPERATIN|G ACTIVITIES||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E|5|
||Net income for the|reporting||period (as per the Statement of|||
||Financial Activities)||||454,244|449,454|
||Adjustments
for.||||||
||Depreciation
charges||||5,468|1,936|
||Losses/(gain)
on investments||||217,197|(70,081)|
||Interest received||||(7)|(3)|
||Dividends
received||||(I5,263)|(5,829)|
||(Increase)/decrease|in|debtors||(91,554)|33,900|
||(Decrease)/increase|in|creditors||~152,669|52,976|
||Net cash provided|by operations|||417,416|462,353|
|2.|ANALYSIS OF CHANGES||IN NET FUNDS||||
||At 1.1.22|Cash flow|At 31.12.22|
|---|---|---|---|
||8||8|
|Net cash||||
|Cash at bank and in hand|1,865,064|586,424|1,278,640|
||1,865,064|~5B6,424|1.278.640|
|Total|1,865,064|586,424|1,278,640|
##
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##
##
##
##
##
##
##
##
##
|significant impact on the amounts
recognised
in the fin|significant impact on the amounts
recognised
in the fin|significant impact on the amounts
recognised
in the fin|ancial statements.||
|---|---|---|---|---|
|DONATIONS
AND LEGACIES|||||
||||2022|2021|
|||||E|
|Donations|||2,043,292|1,559,400|
|Giff aid|||52,076|21,683|
||||~2,095368|~1581 083|
|Donations|and legacies||||
||||2022|2021|
|Regional|Lighthouse|Club Donations|442,508|182,912|
|Company|Donations||1,540,107|1,309,094|
|Individual|Donations||95,493|63,917|
|General|Donations||17,260|25,160|
||||2,095,358|1.581,083|
##
##
|OTHER TRA|DIN|G ACTIVITIES|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||8||
|Fundraising|events||||1,441,710|478,248|
|Other trading||activities|||||
||||Unrestricted||||
||||funds|income|Direct event||
||||||costs|Net income|
|||||2022|2022|2022|
|Christmas|Lunch||463,262||(334,123)|129,139|
|Boxing Night|||565, 166||(254,848)|310,318|
|Marathon||||49,374|(2,237)|47,137|
|BAFTA Awards||||40,100|(1,732)|38,368|
|Challenges|||251,5i I||[123,776)|127,735|
|Other||||72,297|(77,474)|(5,177)|
|Other trading||activities||||647,520|
||||Unrestricted||||
||||funds income||Direct event||
||||||costs|Net income|
|||||2021|2021|2021|
|Christmas|Lunch|||409,565|[223,775)|185.790|
|Golf||||10,392||10,392|
|Marathon||||10,682||10,682|
|Rugby||||18,100|(40,500)|(22,400)|
|Challenges|and other|||19,966|(68,152)|(48,186)|
|Christmas|Raffle|||9,543||9,543|
|Other trading||activities||||I45,821|
##
|||2022|2021|
|---|---|---|---|
|||8||
|Income|from listed investments|15,263|5,829|
|Interest|receivable|7|3|
|||15,270|5,832|
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||Activity|||||
|Services|provided|under||||||
|contract|||Building|Mental|Health|135,610|217,781|
##
##
|Raising donaRons|and legacies|||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Staff costs||852,168|530,565|
|Marketing||107,020|70,204|
|Other fundraising|costs|106,623|44,445|
|Direct event costs|(note 5)|794,190|332,427|
|Regional support||17,686|11,592|
|Office costs||91,883|61,508|
|Bad debts||450||
|Foreign exchange|loss|(18,690)|9,200|
|Depreciation||5,468|1,936|
|I.ess: expenditure|allocated to Welfare and Benevolence|~488,301|~265,855)|
|||1,468,497|796,022|
##
##
##
||||||Health|&,|Totai|Total|
|---|---|---|---|---|---|---|---|---|
||||Welfare B|Education|Safety||||
||||Benevolence|8Training|Innovation||||
||||2022|2022|2022||2022|2021|
||||E|E|E||E|E|
|One off Grants|||420,325||||420,325|244,538|
|Monthly
Grants|||165||||165|73|
|Welfare and|||||||||
|Benevolence||Office|488,301||||488,301|265,855|
|Construction||Industry|||||||
|Helpline|||36,976||||36,976|41 435|
|Education|and Training||||||||
|||||308,855|||308,855|463,275|
|Health and Safety|||||||||
|innovation|||||267,413||267,413|59,421|
||||945 767|308855|267.413||1,522,035|1,074,597|
|Analysis by fund|||||||||
|Unrestricted||funds|945,767|153,312|267,413||1,366,492|841,406|
|Restricted|funds|||155543|||155543|233 191|
||||945767|308855|267.4|3|1.522035|1.074597|
|For the year||ended 31|||||||
|December|2021||||||||
|Unrestricted||funds|551,901|230,084|59,421|||841,406|
|Restricted|funds|||233 191||||233,191|
||||551,901|463,275|59,421|||1,074,597|
##
##
##
##
|Govern|ance|costs||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||Governance|Total|
|||||costs|activities|
|||||E||
|Auditors'|remuneration|||8,250|8,000|
|Legal and professional|||fees|5,073|11.640|
|Trustee|Meetings|||1,530|5,691|
|Management||Fees||11,132|7,621|
|||||25,985|32,952|
##
##
|Net income/(e|xpenditure)
is stated after charging/(cred|iting):||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Auditors' remuneration||8,250|8,000|
|Depreciation|-owned assets|5,468|1,936|
##
##
##
##
|STAFF|COSTS|||
|---|---|---|---|
|||2022|2021|
|||E||
|Wages|and salaries|754,635|473,925|
|Social|security costs|75,028|43,028|
|Other|pension costs|22,505|i3,612|
|||852,168|530,565|
##
|The ave|rage
monthly
number of employees
during t|he year was as follows:||
|---|---|---|---|
|||2022|2021|
|National|Office|9|7|
|Welfare|and Benevolence|14|7|
|||23|14|
||The number
of employees
whose
employee
bene
860,000was:|fits
(excluding
employer
pension
co|sts) exceede|
|---|---|---|---|
|||2022|2021|
||860,001 - f70,000|I|I|
||870,001 - 880,000|I||
|14.|TANGIBLE FIXED ASSETS|||
||||Computer|
||||equipment|
||||E|
||COST|||
||At
1 January
2022||9,915|
||Additions||14,978|
||At 31 December 2022||24,893|
||DEPRECIATION|||
||At
1 January
2022||6,206|
||Charge foryear||5,468|
||At 31 December 2022||11,674|
||NET BOOK VALUE|||
||At 31 December 2022||13,219|
||At 31 December 2021||3,709|
##
##
||||Listed|
|---|---|---|---|
||||investments|
||||5|
|MARKET VALUE||||
|At I January|2022||892,352|
|Additions|||1,370,301|
|Disposals|||(357,575)|
|Revaluations|||(217,200)|
|Cash deposits|invested||( I2,723)|
|Other SoFA changes|||4,132|
|At 31 December 2022|||1,679,287|
|NET BOOK VALUE||||
|At 31 December 2022|||1,679,287|
|At 31 December 2021|||892,352|
|||2022|2021|
|Investments
at fair value comprise:||||
|UK equities||392,939|164,925|
|Other equities||773,666|445,339|
|Property||35,491|23,889|
|Commodities||41,930|37,273|
|Bonds||139,558|99,958|
|Other investments||I70,466|103,094|
|Cash product||115,954||
|Cash||9,283|I7,874|
|||1,679,287|892,352|
||||||Listed|
|---|---|---|---|---|---|
||||||investments|
||||||8|
||Valuation||||1,679,287|
|lb.|DEBTORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2022|2021|
|||||5|5|
||Trade debtors|||298,912|294,829|
||Other debtors|||262|18,980|
||VAT|||1,057||
||Prepayments|and accrued income||147,378|42,246|
|||||447,609|356,055|
##
##
|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|
||2022|2021|
|||8|
|Trade creditors|63,615|62,014|
|Social security and other taxes|23,007|12,591|
|VAT||12,284|
|Other creditors|6,674||
|Accruals|152,433|100,079|
|Deferred income|45,192|256,622|
||290,921|443,590|
||Minimum|le|ase|paymen|ts
under non-cance|llable
operating|leases fail du|e as follows:||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||8||
||Within one||year|||||21,292|21,280|
||Between|one and five|||years|||33,142|54,391|
|||||||||54,434|75,671|
|19.|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||||||
|||||||||2022|2021|
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
|||||||S|8|8|8|
||Fixed assets|||||13,219||13,219|3,709|
||Investments|||||1,679,287||1,679,287|892,352|
||Current|assets||||1,640,637|85,612|1,726,249|2,221,119|
||Current|liabilities||||~290,921)||~290.921)|~443,590)|
|||||||3,042,222|85,612|3,127,834|2,673,590|
|20.|MOVEMENT||IN FUNDS|||||||
||||||||Net|Transfers||
||||||||movement|between|At|
|||||||At 1.1.22|in funds|funds|31.12.22|
||||||||8|8|8|
||Unrestricted||funds|||||||
||General|fund||||2,367,890|424.332|(250,000)|2,542,222|
||Six month contingency||||fund|250,000||250,000|500,000|
|||||||2,617,890|424,332||3,042,222|
||Restricted funds|||||||||
||Building|mental||health||55,700|(20,088)||35,612|
||Other restricted|||funds|||50,000||50,000|
|||||||55,700|29,912||~85612|
||TOTAL FUNDS|||||2,673,590|454,244||3 127834|
##
|Net movement|in funds, included|in the above are as follo|ws:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
||||E||B|
|Unrestricted
funds||||||
|General
fund||3,502,348|(2,860,819)|(217,197)|424,332|
|Restricted funds||||||
|Building mental|health|135,610|(155,698)||(20,088)|
|Other restricted|funds|50,000|||50,000|
|||185,610|~155,698)||29,912|
|TOTAL FUNDS||3.687,958|J3.016,517)|~217,197)|454.244|
##
|Comparatives
for move|ment
in funds||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.21|in funds|31.12.21|
|||||8|
|UnrestrIcted
funds|||||
|General
fund||1,903,026|464,864|2,367,890|
|Six month contingency|fund|250,000||250,000|
|||2,153,026|464,864|2,617,890|
|Restricted funds|||||
|Building mental health||71,110|(15,410)|55,700|
|TOTAL FUNDS||2,224,136|449,454|2,673,590|
|Comparative
n|et movement
in fu|nds, included
in the abov|e are as follows:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|||||E|E|
|Unrestricted
funds||||||
|General fund||2,065,163|(1,670,380)|70,081|464,864|
|Restricted funds||||||
|Building mental|health|217.781|(233,191)||(15,410)|
|TOTAL FUNDS||2,282,944|1,903,571|70,081|449,454|
##
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||E|E|
|INCOME AND ENDOWMENTS||||||
|Donations and legacies||||||
|Donations||||2,043,292|1,559,400|
|Gift aid||||52,076|21,683|
|||||2,095,368|1,581,083|
|Other trading
activities||||||
|Fundraising
events||||1,441,710|478,248|
|Investment
income||||||
|Income from listed investments||||15,263|5,829|
|Interest receivable||||7|3|
|||||15,270|5,832|
|Charilable
activities||||||
|Services provided|under contract|||135,610|217,781|
|Total incoming
resources||||3,687,958|2,282,944|
|EXPENDITURE||||||
|Raising donations|and legacies|||||
|Wages||||754,635|473,925|
|Social security||||75,028|43,028|
|Pensions||||22,505|13,612|
|Marketing||||107,020|70,204|
|Other fundraising|costs|||106,623|44,445|
|Direct event costs|)note 5)|||794,190|332,427|
|Regional support||||17,686|11,592|
|Office costs||||91,883|61,508|
|Bad debts||||450||
|Foreign exchange|loss|||)18.690)|9,200|
|Depreciation
oftangible||fixed assets||5,468|1,936|
|Less: expenditure|allocated||to Welfare and|||
|Benevolence||||~488,301)|265.855|
|||||1,468,497|796,022|
|Charitable
activities||||||
|One off grants||||420,325|244,538|
|Monthly
grants||||165|73|
|Welfare and benevolence|||office|488,301|265,855|
|Construction
industry
helpline||||36,976|41,435|
|Education and training
Health and safety innovation||||308.855
~267 413|463,275
~59421|
|||||1,522,035|1,074,597|
##
||||2022|2021|
|---|---|---|---|---|
|||||E|
|Support costs|||||
|Governance
costs|||||
|Auditors'
remuneration|||8,250|8,000|
|Legal and professional||fees|5,073|11,640|
|Trustee Meetings|||1,530|5,691|
|Management
Fees|||11,132|7,621|
||||25,985|32,952|
|Total resources expended|||3,016,517|1,903,571|
|Net income before gains and losses|||671,441|379,373|
|Realised recognised|gains and losses||||
|Realised gains/(losses)||on fixed asset|||
|investments|||~217,197)|70,081|
|Net income|||454,244|449,454|