OpenCharities

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2022-03-31-accounts

Statement o
for the year
f Financial Activit
ended 31March
ies
2022
Unrestricted
funds Total funds Total funds
2022 2022 2021
Notes E E E
Income and endowments
from:
Donations and legacies 57,880 57,880 44,376
Total 57,880 57,880 44,376
Expenditure on:
Other 24,817 24,817 23,189
Total 24,817 24,817 23,189
Net gains on investments
Net income 33,063 33,063 21,187
Transfers between
funds
Net income before other 33,063 33,063 21,187
gains/(losses)
Other gains and losses
Net movement
in funds
33,063 33,063 21,187
Reconciliation
offunds:
Total funds brought forward 854,561 854,561 838,427
Total funds carried forward 887,624 887,624 859,614
Balance Sheet
at 31March 2022
Balance Sheet
at 31March 2022
Charity No. 1150827 2022 2021
E f
Fixed assets
Tangible assets 7 828,042 768,185
828,042 768,185
Current assets
Cash at bank and in hand 59,582 89,673
59,582 89,673
Creditors: Amount falling due within one year 1,756
Net current assets 59,582 91,429
Total assets less current liabilities 887,624 859,614
Net assets excluding pension asset or liability 887,624 859,614
Total net assets 887,624 859,614
The funds ofthe charity
Restricted funds
Unrestricted
funds
General funds 887,624 854,561
887,624 854,561
Reserves
Total funds 887,624 854,561
Approved
by the trustees
on 31March 2022
And signed on their behalf by:

Fund accou nting
Unrestricted funds These are available for use at the discretion ofthe trustees in furtherance
of
the
general objects ofthe charity.
Designated funds These are unrestricted
funds earmarked
by the trustees for particular
purposes.
Revaluation funds These are unrestricted
funds which include a revaluation
reserve representing the
restatement
of investment
assets at their market values.
Restricted funds These are available for use subject to restrictions
imposed
by the donor or through
terms of an appeal.

es to the Ac
Income
counts counts
Recognition of Income is included
in the Statement of Financial Activities
(SoFA) when
the charity
income becomes entitled to, and virtually
certain to receive, the income and the amount of
the income can be measured
with sufficient
reliability.
Income with related Where income
has related expenditure
the income and related expenditure
is
expenditure reported
gross in the SoFA.
Donations
and
Voluntary
income received
by way ofgrants, donations
and gifts is included
in the
legacies the SoFA when receivable
and only when the Charity has unconditional
entitlement
to the income.
Tax reclaims on Income from tax reclaims
is included
in the SoFA at the same time as the
donations
and
gifts gift/donation
to which it relates.
Donated services These are only included
in income (with an equivalent
amount
in expenditure)
and facilities where the benefit tothe Charity
is reasonably
quantifiable,
measurable
and
material.
Volunteer
help
The value ofany volunteer
help received
is not included
in the accounts.
Investment income This is included
in the accounts when receivable.
Gains/(losses) on This includes
any gain or loss resulting
from revaluing
investments
to market
value
revaluation of fixed at the end ofthe year.
assets
Gains/(losses) on This includes
any gain or loss on the sale ofinvestments.
investment
assets
Expenditure
Recognition of Expenditure
is recognised
on an accruals basis. Expenditure
includes
any
VAT which
expenditure cannot be fully recovered, and is reported
as part ofthe expenditure
to
which it
relates.
Expenditure on These comprise the costs associated
with attracting
voluntary
income, fundraising
raising funds trading costs and investment
management
costs.
Expenditure on These comprise the costs incurred
by the Charity
in the delivery of its activities and
charitable
activities
services in the furtherance
of its objects, including
the making ofgrants
and
governance
costs.
Grants payable All grant expenditure
is accounted for on an actual paid basis plus an accrual
for
grants that have been approved
by the trustees at the end ofthe year but not yet
paid.
Governance costs These include those costs associated
with meeting the constitutional
and statutory
requirements
ofthe Charity,
including
any audit/independent
examination
fees,
costs linked tothe strategic management
ofthe Charity, together
with a
share of
other administration
costs.
Other expenditure These are support costs not allocated to a particular
activity.