2022-03-31-accounts - Going For Bust

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Contents			Page
Trustees' report			1-7
Independent	Auditors' Report		8-10
Consolidated	Statement of Financial Activities
Consolidated	Balance Sheet		12-13
Charity Balance Sheet			14
Consolidated	Cashf low Statement	and Notes	15-16
Notes to the	Financial Statements		17-29

						2022	2021
							as restated
				Unrestricted	Restricted	Total funds	Total funds
				funds	funds
			Notes	f	E	f
INCOME AND ENDOWMENTS		FROM
Donations and legacies				15,706		15,706	15,176
Charitable activities
Going for Bust Trading income				1,059,055		1,059,055	349,320
Investment income				14		14	58
Grant income				59,579		59,579	676,937
Total				1,134,354		1,134,354	1,041,491
Charitable activities
Provision of help and support		for
people diagnosed	with breast	cancer		105,569		105,569	53,801
Going for Bust Trading expenditure				904,567		904,567	720,779
Other expenditure				159		159	159
Total				1,010,295		1010295	774 739
Net gains/(losses)	on investments
NET INCOIVIE				124,059		124,059	266,752
Transfers between	funds		19
Tax on activities				(8,893)		(8,893)	(21,821)
Net movement in	funds			115,166		115,166	244,931
RECONCILIATION	OF FUNDS
Total funds brought forward				517,004		517004	272 073
TOTAL FUNDS CARRIED FORWARD				632,170		632,170	517,004

	At 31Ma	rch 2022
			Company	number; 08427804
			Charity	number: 1151515
			2022	2021
				as restated
		Notes
FIXED ASSETS
Tangible assets		14	10,091	13,830
			10,091	13,830
CURRENT ASSETS
Debtors: amounts	falling due within one year	15	71,231	52,000
Debtors; amounts	falling due after more than one year	15	1,768	1,768
Cash at bank and	in hand		598,149	501,381
			671,148	555,149
CREDITORS
Amounts falling due within one year		16	(39,401)	(39,902)
NET CURRENT ASSETS			631,747	515,247
TOTAL ASSETS LESSCURRENT LIABILITIES			641,838	529,077
CREDITORS
Amounts falling due after more than one year		17	(9,668)	(12,073)
NET ASSETS			632,170	517,004
FUNDS
Unrestricted funds		19	632,170	517,004
Restricted funds		19
TOTAL FUNDS			632,170	517,004

At 31	March 2022
		Company	number: 08427804
		Charity	number: 1151515
			2021
		2022	as restated
	Notes
FIXEDASSETS
Tangible assets	14	146	306
Investments		1	1
		147	307
CURRENT ASSETS
Debtors	15	150,815	199,114
Cash at bank and in hand		304,291	195,839
		455,106	394,953
CREDITORS
Amounts falling due within one year	16
NET CURRENT ASSETS		455,106	394,953
TOTAL ASSETS LESSCURRENT LIABILITIES		455,253	395,260
CREDITORS
Amounts falling due after more than one year	17
NET ASSETS		455,253	395,260
FUNDS
Unrestricted funds	19	455,253	395,260
Restricted funds	19
TOTALFUNDS		455,253	395,260

								2022	2021
Cash flows from operating	activities:						Notes	E	E
Cash generated from operations							1	115,738	301,919
Tax paid								(17,816)
Interest on hire purchase	paid							(1,168)	(1,473)
Net cash provided by (used in) operating			activities					96,754	300,446
Cash flows from investing	activities:
Purchase oftangible fixed	assets								(16,454)
Interest received								14	58
Net cash provided by (used in) investing			activities					14	(16,396)
Change in cash and cash	equivalents	in the		reporting	period			96,768	284,050
Cash and cash equivalents	at the beginning			ofthe reporting		period		501,381	217,331
Cash and cash equivalents	at the end	ofthe		reporting	period			598,149	501,381

1.RECONCILIATION	OF NET	INCOME TO	NET CASH FLOW	FROM OPERATING ACTIVITIES
					2022	2021
Net income for the reporting activities)		period (as	per the statement	offinancial	124,059	244,931
Adjustments for:
Depreciation charges					3,739	4,157
Finance costs					1,168	1,473
Profit on disposal of	fixed assets
Interest received					(14)	(58)
Cashflows before movement		in working	capital		128,952	250,503
Decrease / (increase)	in debtors				(19,232)	9,101
Increase / (decrease)	in creditors				6,018	42,315
Net cash provided by (used		in) operating	activities		115,738	301,919
2. CASH AND CASH EQUIVALENTS

			2022	2021
			E	f
Year ended 31March 2022
Cash and cash equivalents			598,149	501,381
Year ended 31March 2021
Cash and cash equivalents			501,381	217,331
3.ANALYSIS OF CHANGES	IN NET FUNDS
		At 01/04/21	Cash Flow	At 31/03/22
Net cash
Cash at bank and in hand		501,381	96,768	598,149
Debt
Finance leases		(14,276)	2,203	(12,073)
Tota I		487,105	98,971	586,076

3	DONATIONS	AND LEGACIES	2022	2021
			f	f
	Donations		15,706	15,176
			15,706	15,176
4	OTHER TRADING ACTIVITIES		2022	2021
			f	f
	Shop sales		1,036,783	348,797
	Other income		22,272	523
			1,059,055	349,320
5	INVESTMENT	INCOME	2022	2021
	Deposit account interest		14	58
			14	58
6	Grant income		2022	2021
			f	f
	Government	Grants	59,579	674,937
	Other Grants			2,000
			59,579	676,937

7	GRANTS PAYABLE				2022 E	2021 f
	Provision of help and support for people diagnosed		with breast cancer		83,688	28,290
	Grants paid to institutions
	Dorset County Hospital				4,000
	Breast Cancer Care				350
	Yeovil District Hospital				10,000
	University Hospitals Dorset NHS				57,338
	University Hospital Southampton				10,000
	Royal Bournemouth Hospital					10,000
	Pink Champagne Breast Cancer Survivors'					2,000
	Lewis Manning Hospice Care					5,000
	Macmillan Caring Locally					9,290
					81,688	26,290
	Grants paid to individuals				2,000	2,000
					83,688	28,290
8	CHARITABLE ACTIVITIES COSTS
				Direct	Support
				costs	costs	Totals
				E	E	E
	Charitable activities			105,422	147	105,569
	Support costs inclued bank charges	in the year (2021;1137)

Going For Bust	Trading Expenditure
		Finance
		E
Administrative	expenses	894,506
Interest payable		1,168
Tax paya ble		8,893
		904,567

Net inco	me/(	expenditur	e) is stated after charging/(crediting):
				2022	2021
				f	f
Depreciation		—owned	assets	3,739	4,157
Auditors	remuneration			5,850	5,600

STAFF COS	S		2022	2021
			f	E
Wages and	salaries		492,170	402,741
Social security costs			23,978	15,049
Other pension costs			4,982	4,257
			521,130	422,047
The average	number ofemployees	during the year was as follows:
			2022	2021
Employees			37	35

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted funds	Restricted funds	Total funds
			as restated	as restated	as restated
			E	f	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies			15,176		15,176
Charitable activities
Going for bust trading	income		349,320		349,320
Investment income			58		58
Grant income			676,937		676,937
Total			1,041,491		1,041,491
EXPENDITURE ON
Charitable activities
Provision of help and support		for	53,801		53,801
people diagnosed with	breast	cancer
Going for Bust trading	expenditure		720,779		720,779
Other			159		159
Total			774,739		774,739
NET INCOME			266,752		266,752
Transfers between funds
Tax on activities			(21,821)		(21,821)
Net movement in funds			244,931		244,931
RECONCILIATION OF FUNDS
Total funds brought forward			272,073		272,073
TOTAL FUNDS CARRIED FORWARD			517,004		517,004

TANGIBLE FIXED ASSETS - Charity and Subsidiary
	Fixtures and	Motor	Computer
	fittings	vehicles	equipment	Totals
	E	f	E	E
COST
At 1April 2021	4,305	16,454	3,911	24,670
Additions
Disposals			(2,514)	(2,514)
At 31March 2022	4,305	16,454	1,397	22,156
DEPRECIATION
At 1April 2021	3,638	3,291	3,911	10,840
Charge for year	448	3,291		3,739
Eliminated on disposal			(2,514)	(2,514)
At 31March 2022	4,086	6,582	1,397	12,065
NET BOOK VALUE
At 31March 2022	219	9,872		10,091
At 1April 2021	667	13,163		13,830
TANGIBLE FIXED ASSETS - Charity
			Fixtures and
			fittings	Totals
COST			E	f
At 1April 2021			797	797
Additions
Disposals
At 31March 2022			797	797
DEPRECIATION
At 1April 2021			491	491
Charge for year			160	160
Eliminated on disposal
At 31March 2022			651	651
NET BOOK VALUE
At 31March 2022			146	146
At 1April 2021			306	306

15	DEBTORS
				Charity and subsidiary		Charity
				2022	2021	2022	2021
	Amounts falling	due within	one year:
	Prepayments and accrued		income	66,931	46,509	3,625
	VAT			4,300	5,467
	Other debtors				24
	Amounts owed	by group undertakings				147,190	199,114
				71,231	52,000	150,815	199,114
	Amounts falling	due after	more than one year:
	Other debtors			1,768	1,768
	Aggregate amounts			72,999	53,768	150,815	199,114
16	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				Charity and	subsidiary	Charity
				2022	2021	2022	2021
				E	E
	Trade Creditors			18,053	9,556
	Other creditors				722
	Corporation tax			12,897	21,821
	Socialsecurity	and othertaxes		18
	Hire Purchase	Contracts (see note 18)		2,405	2,203
	Accruals and Deferred Income			6,028	5,600
				39,401	39,902
17	CREDITORS: AMOUNTS FALLING AFTER MORE THAN ONE			YEAR
				Charity and	subsidiary	Charity
				2022	2021	2022	2021
				f	f
	Hire Purchase	Contracts (see note 18)		9,668	12,073

Minimum lease	p	ayments fall due as follows:
			Hire purchase	contracts
			2022	2021
Gross obligations		repayable:
Within one year			1,439	1,035
Between one and		five years	8,416	9,855
			9,855	10,890
Finance charges	repayable:
Within one year			(966)	(1,168)
Between one and		five years	(1,252)	(2,218)
			(2,218)	(3,386)
Net obligations	repayable:
Within one year			2,405	2,203
Between one and		five years	9,668	12,073
			12,073	14,276

	Non-cancellable	operating
	leases
	2022	2021
	f	f
Within one year	232,142	243,285
Between one and five years	430,750	512,642
In more than five years	32,000	78,250
	694,892	834,177

19	MOVEMENT IN FUND	S
	Charity and subsidiary		At 1.4.21 as restated	Incoming resources	Resources expended	Gains and losses	Transfers	At 31.3.22
	Unrestricted funds
	General fund		517,004	1,134,354	(1,019,188)			632,170
			517,004	1,134,354	(1,019,188)			632,170
	Restricted funds
	Provision of help and	support
	for people diagnosed	with
	breast cancer
	TOTAL FUNDS		517,004	1,134,354	(1,019,188)			632,170
19	MOVEMENT IN FUNDS - continued
	Charity		At 1.4.21 as restated	Incoming resources	Resources expended	Gains and losses	Transfers	At 31.3.22
	Unrestricted funds
	General fund		395,260	165,721	(105,728)			455,253
			395,260	165,721	(105,728)			455,253
	Restricted funds
	Provision of help and	support
	for people diagnosed	with
	breast cancer
	TOTAL FUNDS		395,260	165,721	(105,728)			455,253

MOVEMENT IN FUN COMPARATIVES Trust and subsidiary	DS - continu	ed	ed
		At 1.4.20 as restated		Incoming resources	Resources expended	Gains and losses	Transfers	At31.3.21 as restated
Unrestricted funds
General fund			272,073	1,041,491	(796,560)			517,004
			272,073	1,041,491	(796,560)			517,004
Restricted funds
Provision of help and	support
for people diagnosed	with
breast cancer
TOTALFUNDS			272,073	1,041,491	(796,560)			517,004
Trust		At 1.4,20 as restated		Incoming resources	Resources expended	Gains and losses	Transfers	At31.3.21 as restated
Unrestricted funds
General fund			233,985	215,235	(53,960)			395,260
			233,985	215,235	(53,960)			395,260
Restricted funds
Provision of help and	support
for people diagnosed	with
breast cancer
TOTAL FUNDS		233,985		215,235	(53,960)			395,260

An extract from the Bal	ance Sh	eet of Going for Bust Trading Limited at 3	1March 2022 is as follows:—
			2022	2021
			f	E
Fixed assets			9,944	13,524
Current assets			363,232	359,310
Current liabilities			(186,589)	(239,017)
Total assets less current	liabilities		186,587	133,817
Creditors due in more than one		year	(9,668)	(12,073)
			176,919	121,744
Called up share capital Profit and loss account	(owned	by charity)	1 176,918	1 121,743
			176,919	121,744
Gross income for the year ended 31March 2022			1,118,634	1,026,255
Gross expenditure for the year ended 31 March 2022 Tax on profit Surplus/(deficit) for the year ended 31 March 2022			(1,054,567) (8,892) 55,175	(920,779) (21,821) 83,655