2023-03-31-accounts - Kingswood Trust

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Applications for funding	to Trusts,	to Trusts,	to Trusts,	to Trusts,	Foundations	Foundations	and	other grant givers has been	a priority	again	this	year.	year.
Funding for projects from		the period			of the lockdowns			was ring fenced and these	restricted	funds	were	then
utilised as soon as we could restart					activities. This has			meant some catch up work	and the Centre		has been		a
hive ofactivity over this last			12months.			65funders	have supported Kingswood Trust		during 22I23:
Peter Storrs Trust								Warburtons Foundation
Irving Memorial Trust								DMF Ellis Charitable Trust
Desmond Foundation								Squishy
Christadelphian Samaritan			Foundation					Grant Foundation
Martin Wills Wildlife Maintenance				Trust				Grantham Yorke Trust
Ala Green Charitable Trust								CB& HH Taylor 1984Trust
Denman Charitable Trust								Wilmcote Charitrust
Patrick Trust								D'Oyly Carte Trust
Alpkit Foundation								Mountbatten Memorial Trust
Brian Murtagh Charitable	Trust							Mrs Yvonne Flux Charitable	Trust
Dumbreck Charity								Gowling WLG Charitable Trust
Belaqua Charitable Trust								WA Cadbury Charitable Trust
MBILI Charitable Trust								Co-op Foundation
Wolverhampton Lions Club			Charitable			Trust		W E Dunn Trust
Souter Charitable Trust								Geoff Hill Charitable Trust
Johnnie Johnson Trust								RSBrownless Charitable Trust
Hedley Foundation Ltd								JA Gillett Charitable Trust
Alchemy Foundation								Baron Davenport's Charity
Emma Bussey Trust								Oakley Charitable Trust
Louis Nicholas Residuary	Charitable				Trust			David Solomons Trust
Pamela Barlow Charitable		Trust						Lillie Johnson Charitable Trust
Brian D Newman Foundation			for	the Environment				Eveson Trust
Morley Family Charitable	Trust							E H Smith Charitable Trust
Tettenhall Rotary Club								Edwards Cadbury Trust
Edward & Dorothy Cadbuiy			Charitable			Trust		Leigh Trust
Joan Wilkinson Charitable		Trust						Alex Robert-Miller Charitable	Trust
Edgar E Lawley Charitable		Trust						Blakemore Foundation
Archer Trust								Rowlands Trust
Howard Wagstaff Trust								Seccombe Trust
Hearth Foundation								Four Winds Trust
Casey Trust								CLA Charitable Trust
Toy Trust

for the Year Ended	31March	2023
						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	fund	funds	funds
			Notes	F
INCOME AND ENDOWMENTS		FROM
Donations and legacies				30,487		30,487	27,176
Charitable activities
Grants				20,066	191,004	211,070	244,096
Other trading activities			2	190,259		190,259	144,945
Investment income			3	157		157	14
Total				240,969	191,004	431,973	416,231
EXPENDITURE ON
Operating costs				253,188	175„594	428,782	407,765
Other				257		25T	237
Total				253,445	175,594	429,039	408,002
NET INCOME/(EXPENDITURE)				(12,476)	15,410	2,934	8,229
RECONCILIATION	OF FUNDS
Total funds brought	forward			14,501	88,232	102,733	94,504
TOTAL FUNDS CARRIED FORWARD				2,025	103,642	105,66T	102,733

Balance Sheet 31 March 2023
					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	fund	funds	funds
		Notes	F			f.
FIXEDASSETS
Tangible assets			18,350	65,525	83,875	83,839
CURRENT ASSETS
Debtors			13,221		13221	26,040
Cash at bank and	in hand		23,381	67,563	90,944	151,283
			36,602	67,563	104,165	177,323
CREDITORS
Amounts falling due within one year		10	(52,927)	(29,446)	(82,373)	(158,429)
NET CURRENT ASSETS			(16,325)	38,117	21,792	18,894
TOTAL ASSETS	LESSCURRENT
LIABILITIES			2,025	103,642	105,667	102,733
NET ASSETS			2,025	103,642	105,667	102,733
FUNDS
Unrestricted funds					2,025	14,501
Restricted funds					103,642	88,232
TOTAL FUNDS					105,667	102,733

			2023	2022
Charged activity services			123,960	11,782
Childminding,	holiday clubs etc		0	375
			123,960	12,157
INVESTMENT INCOME
			2023	2022
Interest receivable - trading			157	14
NET INCOME/(EXPENDITURE)
Net resources	are stated after charging:
			2023	2022
			K
Depreciation			25,746	20,714
Independent	Examiner's fee		750	750
TRUSTEES'	REMUNERATION	AND BENEFITS

									2023			2022
Teaching staff									2			2
Administration and support									6			6
No employee received emoluments			ofmore	than	F60,000		during the year to 31 March 2023.
The charity operates a	defined	contribution		pension		scheme		for all staff. The Charity's			contribution
between 13% and 15% of salary			with	staff	making		equal	contributions	to the	scheme.		7 sta
employees are members	ofthe	pension scheme			(2022:7).
COMPARATIVES FOR	THE STATEMENT			OF FINANCIAL ACTIVITIES
								Unrestricted	Restricted			Total
								funds	fund			funds
								E
INCOME AND ENDOWMENTS		FROM
Donations and legacies								27,176				27,176
Charitable activities
Grants								108,613	135,483		244,096
Other trading activities								144,945			144,945
Investment income								14				14
Total								280,748	135,483		416,231
EXPENDITURE ON
Operating costs								322,718	85,047		407,765
Other								237				237
Total								322,955	85,047		408,002
NET INCOME/(EXPENDITURE)								(42,207)	50,436			8,229
RECONCILIATION OF FUNDS
Total funds brought forward								56,708	37,796			94,504
TOTAL FUNDS CARRIED FORWARD								14,501	88,232		102,733

TANGIBLE FIXEDASSETS
	Fixtures
	and
	fittings
COST
At 1 April 2022	231,677
Additions	25,782
At 31 March 2023	257„459
DEPRECIATION
At 1 April 2022	147,838
Charge for year	25,746
At 31 March 2023	173,584
NET BOOK VALUE
At 31 March 2023	83,875
At 31 March 2022	83,839

DEBTORS:A	MOUNTS F	ALUNG DUE WITHIN ONE YEAR
			2023	2022
Trade debtors			12,213	20,116
VAT				3
Prepayments	and accrued	income	1,008	1,361
Accrued income				4,560
			13221	26,040
CREDITORS:	AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2023	2022
Other creditors			50,927	61,709
Deferred income			31,446	96,720
			82,373	158,429

MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.4.22	in funds	31.3.23
						F
Unrestricted funds
General fund				(26,125)	4,535	(21,590)
Designated fund				40,626	(17,011)	23,615
				14,501	(12,476)	2,025
Restricted funds
Restricted fund				88,232	15,410	103,642
TOTAL FUNDS				102,733	2,934	105,667
Net movement in funds,	included		in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds f
Unrestricted funds
General fund				240,969	(236,434)	4,535
Designated fund					(17,011)	(17,011)
				240,969	(253,445)	(12,476)
Restricted funds
Restricted fund				191,004	(175,594)	15,410
TOTAL FUNDS				431,973	(429,039)	2,934
Comparatives for movement		in	funds
					Net
					movement	At
				At 1.4.21	in funds	31.3.22
						F
Unrestricted funds
General fund				(929)	(25,196)	(26,125}
Designated fund				57,637	(17,011)	40,626
				56,708	(42,207)	14,501
Restricted funds
Restricted fund				37,796	50,436	88,232
TOTAL FUNDS				94,504	8,229	102,733

Comparativ	e net moveme	nt in funds, included in the above ar	e as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			F		F
Unrestricted funds
General fund			280,748	(305,944)	(25,196)
Designated	fund			(17,011)	(17,011)
			280,748	(322,955)	(42,207)
Restricted	funds
Restricted	fund		135,483	(85,047)	50,436
TOTAL FUNDS			416,231	(408,002)	8,229
A current year 12months		and prior year 12months combined	position isas follows:
				Net
				movement	At
			At 1.4.21	in funds	31.3.23
			F		F
Unrestricted funds
General fund			(929)	(20,661)	(21,590)
Designated	fund		57,637	(34,022)	23,615
			56,708	(54,683)	2,025
Restricted	funds
Restricted	fund		37,796	65,846	103,642
TOTAL FUNDS			94,504	11,163	105,667

A current year 12 months and prior year above are as follows:	12 months combined net movem	ent in funds,	included in t
	Incoming	Resources	Movement
	resources	expended	in funds
		F	F
Unrestricted funds
General fund	521,717	(542,378)	(20,661)
Designated fund		(34,022)	(34,022)
	521,717	(576,400)	(54,683)
Restricted funds
Restricted fund	326,487	(260,641)	65,846
TOTAL FUNDS	848,204	(837,041)	11,163

forthe Year Ended 31 March	2023
		2023	2022
INCOME AND ENDOWMENTS
Donations and legacies
Voluntary income		15,858	18,800
Donations and grants		14,629	8,376
		30,487	27,176
Other trading activities
Schools activities and services		190,259	144,945
Investment income
Interest receivable - trading		157
Charitable activities
Grants		211,070	244,096
Total incoming resources		431,973	416,231
EXPENDITURE
Raising donations and legacies
Wages		204,305	164,891
Social security		13,597	16,316
Pensions		43,516	38,154
Sessional supply		6,479	35,431
Catering and provisions		15,017	5,755
Rates and water		3,900	3,164
Insurance		5,078	4,377
Light and heat		19,350	12,961
Repairs and maintenance		28,125	33,509
Cleaning and laundry		8,399	3,763
General overheads		1T,447	16,476
Project resources, development	and training	9,736	8,329
Transport		19,179	33,445
Depreciation		25,T46	23,168
Legal and professional		8,908	8,026
		428,782	407,765
Support costs
Finance
Bank charges		25T	237
Total resources expended		429,039	408,002
Net income		2,934	8,229