| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Company, | its Trustees and Advisers | ||
| Trustees' Report |
2-7 | |||
| Independent Auditors' |
Report | on the Financial Statements | 8-11 | |
| Statement of Financial | Activities | 12 | ||
| Balance Sheet | 13-14 | |||
| Statement ofCash Flows | 15 | |||
| Notes to the Financial | Statements | 16-29 |
| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | ADMINISTRATIVE | DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE COMPANY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|---|
| FOR | THE YEAR | ENDED 31 AUGUST 2022 | |||||
| Trustees | M Morgan, | Chair | |||||
| R Ellicott | |||||||
| S Layhe | |||||||
| W Morgan | |||||||
| G Watson | |||||||
| D Burke | |||||||
| K Harrison | (appointed | 1 October 2020, resigned | 1 September 2021) | ||||
| J Maunder | (appointed | 1 September 2021) | |||||
| S Colombini | (appointed | 1 September 2022) | |||||
| G Jeremiah | (appointed | 1 September 2022) | |||||
| Company | registered | ||||||
| number | 02876158 | ||||||
| Charity registered | |||||||
| number | 1152261 | ||||||
| Registered | office | Unit 23The Steadings | Business Centre | ||||
| Church Road, | Maisemore | ||||||
| Gloucester | |||||||
| Gloucestershire | |||||||
| GL2 8EY | |||||||
| Company | secretary | A Stokes | |||||
| Independent | auditors | Randall 8 Payne LLP |
|||||
| Chartered | Accountants | ||||||
| Shurdington | Road | ||||||
| Cheltenham | |||||||
| Gloucestershire | |||||||
| GL51 4GA | |||||||
| Bankers | Virgin Money | ||||||
| 5 Northgate | Street | ||||||
| Gloucester | |||||||
| GL1 2AH |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| Note | 2022 | 2022f | 2021 | ||
| Income from: | |||||
| Charitable activities |
866,685 | 865,685 | 598,306 | ||
| Investments | 7,336 | 7,336 | 9,057 | ||
| Total income | 873,020 | 873,020 | 607,363 | ||
| Expenditure on: |
|||||
| Charitable activities |
822,538 | 822,538 | 615,811 | ||
| Total expenditure | 822,638 | 822„538 | 615,811 | ||
| Net movement in funds |
50,482 | 50,482 | (8,448) | ||
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 1,077,317 | 1,077,317 | 1,085,765 | |
| Net movement in funds |
60,482 | 60,482 | (8,448) | ||
| Total funds carried forward | 1,127,799 | 1,127,799 | 1,077,317 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | E | |||||||
| Fixed assets | ||||||||
| Tangible assets | 4,278 | 4,409 | ||||||
| 4,278 | 4,409 | |||||||
| Current assets | ||||||||
| Debtors | 95,298 | 89,522 | ||||||
| Cash at bank | and | in | hand | 1,119,844 | 1,049,424 | |||
| 1,215,142 | 1,138,946 | |||||||
| Creditors: amounts year |
falling due within one | (91,621) | (66,038) | |||||
| Net current | assets | 1,123,521 | 1,072,908 | |||||
| Total assets | less | current liabilities | 1,127,799 | 1,077,317 | ||||
| Net assets | 1,127,799 | 1,077,3'I7 | ||||||
| Total net assets | 1,127,799 | 1,077,317 | ||||||
| Charity funds | ||||||||
| Restricted Funds |
13 | |||||||
| Unrestricted | funds | 13 | 1,127,799 | 1,077,317 | ||||
| Total funds | 1,127,799 | 1,077,317 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | E | |||
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | 65,467 | (37,905) | |
| Cash flows from investing | activities | |||
| Interest received | 7,335 | 9,057 | ||
| Purchase oftangible fixed assets |
(2,382) | |||
| Net cash provided by investing activities |
4,953 | 9,057 | ||
| Cash flows from financing | activities | |||
| Net cash provided by financing activities |
||||
| Change in cash and cash |
equivalents in |
the year | 70,420 | (28,848) |
| Cash and cash equivalents | at the beginning | ofthe year | 1,049,424 | 1,078,272 |
| Cash and cash equivalents | at the end of | the year | 1,119,844 | 1,049,424 |
| The notes on pages 16to 29form part ofthese financial statements |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| E | |||
| Training | course and conferences | 590,206 | 590,206 |
| Other income | 8,100 | 8,100 | |
| Total 2021 | 598,306 | 598,306 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2022 | ||||
| K | E | ||||
| Investment | income | - | interest | 7,335 | 7,335 |
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2021 | 2021 | ||||
| Investment | income | - | interest | 9,057 | 9,057 |
| Unrestricted | |||
|---|---|---|---|
| funds | Total | ||
| 2022 | 2022 | ||
| E | |||
| Staff and facilitator | costs | 254,770 | 264,770 |
| Bank charges | 25,552 | 25,552 | |
| Conference costs | 315,787 | 316,787 | |
| Consultancy and contractors |
131,775 | 131,776 | |
| Rent and rates | 32,772 | 32,772 | |
| Depreciation charges |
2,513 | 2,613 | |
| Computer and ITcosts |
25,658 | 25,658 | |
| Insurances | 4,595 | 4,595 | |
| Printing, stationery |
and office consumables | 7,611 | 7,611 |
| Repairs, renewals |
and other premises costs | 6,112 | 6,112 |
| Marketing and Advertising |
8,820 | 8,820 | |
| Audit, accountancy | and other fees | 6,573 | 6,573 |
| Total 2022 | 822,538 | 822,638 |
| Summary by fund |
type (continued) | ||
|---|---|---|---|
| Unrestricted | |||
| funds | Total | ||
| 2021 | 2021 | ||
| Staff and facilitator | costs | 201,851 | 201,851 |
| Bank charges | 82 | 82 | |
| Conference costs | 212,746 | 212,746 | |
| Consultancy and contractors |
116,805 | 116,805 | |
| Rent and rates | 27,564 | 27,564 | |
| Depreciation charges |
7,655 | 7,655 | |
| Computer and ITcosts |
23,397 | 23,397 | |
| Insurances | 3,605 | 3,605 | |
| Printing, stationery |
and office consumables | 4,124 | 4,124 |
| Repairs, renewals | and other premises costs | 5,929 | 5,929 |
| Marketing and Advertising |
6,672 | 6,672 | |
| Audit, accountancy | and other fees | 5,381 | 5,381 |
| 2021 | 615,811 | 615,811 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2022 | 2022 | 2022 | ||
| E | ||||
| Staff and facilitator | costs | 254,770 | 254,770 | |
| Bank charges | 25,552 | 25„552 | ||
| Conference costs | 315,787 | 315,787 | ||
| Consultancy and contractors |
131,775 | 131,775 | ||
| Rent and rates | 32,772 | 32,772 | ||
| Depreciation charges |
2,513 | 2,513 | ||
| Computer and ITcosts |
25,656 | 25„658 | ||
| Insurances | 4,595 | 4,595 | ||
| Printing, stationery |
and office consumables | 7,611 | 7,611 | |
| Repairs, renewals |
and other premises costs | 6,112 | 6,112 | |
| Marketing and Advertising |
8,820 | 8,820 | ||
| Audit, accountancy | and other fees | 6,573 | 6,573 | |
| Total 2022 | 815,965 | 6,573 | 822,538 |
| Analysis of expen |
diture by ac |
tivi | ties | (continued) | |||
|---|---|---|---|---|---|---|---|
| Activities | |||||||
| undertaken | Support | Total | |||||
| directly | costs | funds | |||||
| 2021 | 2021 | 2021 | |||||
| E | |||||||
| Staff and facilitator | costs | 201,851 | 201,851 | ||||
| Bank charges | 82 | 82 | |||||
| Conference costs | 212,746 | 212,746 | |||||
| Consultancy and contractors |
116,805 | 116,805 | |||||
| Rent and rates | 27,564 | 27,564 | |||||
| Depreciation charges |
7,655 | 7,655 | |||||
| Computer and ITcosts |
23,397 | 23,397 | |||||
| Insurances | 3,605 | 3,605 | |||||
| Printing, stationery |
and office consumables | 4,124 | 4,124 | ||||
| Repairs, renewals |
and other premises | costs | 5,929 | 5,929 | |||
| Marketing and Advertising |
6,672 | 6,672 | |||||
| Audit, accountancy | and other fees | 5,381 | 5,381 | ||||
| Total 2021 | 610,430 | 5,381 | 615,811 | ||||
| Auditors' remuneration |
|||||||
| 2022 | 2021 | ||||||
| E | |||||||
| Fees payable to the Company's annual accounts |
Auditor | for the audit ofthe Company's | 5,175 | 5,200 | |||
| Fees payable to the Company's | auditor | in respect of: | |||||
| All non-audit services not included |
above | 'I,350 | 1,350 |
| Fixtures and | Office | Computer | |||
|---|---|---|---|---|---|
| fittings | equipment | equipment | Total | ||
| F | |||||
| Cost or valuation | |||||
| At 1 September 2021 | 11,003 | 11,439 | 17,465 | 39,897 | |
| Additions | 2,382 | 2,382 | |||
| At 31 August | 2022 | 11,003 | 11,439 | 19,837 | 42,279 |
| Depreciation | |||||
| At 1 September 2021 | 11,003 | 11,439 | 13,046 | 35,488 | |
| Charge for the year | 2,613 | 2,513 | |||
| At 31 August | 2022 | 11,003 | 11,439 | 15,659 | 38,001 |
| Net book value | |||||
| At 31August | 2022 | 4,278 | 4,278 | ||
| At 31August | 2021 | 4,409 | 4,409 | ||
| Debtors | |||||
| 2022 | 2021 | ||||
| F | |||||
| Due within one year | |||||
| Trade debtors | 85,537 | 78,786 | |||
| Prepayments | and accrued income | 9,761 | '/0, 736 | ||
| 95,298 | 89,522 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Trade creditors | 64,172 | 47,472 | |||||
| Accruals | and deferred | income | 27,449 | 18,566 | |||
| 91,621 | 66,038 | ||||||
| 2022 | 2021 | ||||||
| F | |||||||
| Deferred | income at | 1 | September | 2021 | 5,300 | 26,486 | |
| Resources deferred | during the year | 9,660 | 5,300 | ||||
| Amounts | released | from previous | periods | (5,300) | (26,486) | ||
| 9,660 | 5,300 |
| Financial | instr | uments | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| E | |||||||||
| Financial | assets | ||||||||
| Basic financial | assets reported | at | amortised | cost | 1,119,844 | 1,049,424 | |||
| 2022 | 2021 | ||||||||
| Financial | liabilities | ||||||||
| Basic financial | liabilities | reported | at amortised | cost | 91,621 | 66,037 |
| 13. | Statement of | funds | ||||
|---|---|---|---|---|---|---|
| Statement of | funds - current year | |||||
| Balance at 1 | Balance at | |||||
| September | 31August | |||||
| 2021 E |
Income f |
Expenditure | 2022 E |
|||
| Unrestricted | funds | |||||
| Reserves | 1,077,317 | 873,020 | (822,638) | 1,127,799 | ||
| Statement of | funds - prior year | |||||
| Balance at | Balance at | |||||
| 1September | 31August | |||||
| 2020 | Income | Expenditure | 2021 | |||
| Unrestricted funds |
||||||
| Reserves | '/,085,766 | 607,363 | (615,812) | 1,077,317 |
| Summary | offunds - current year | ||||
|---|---|---|---|---|---|
| Balance at 1 | Balance at | ||||
| September | 31August | ||||
| 2021 | Income | Expenditure | 2022 | ||
| E | |||||
| General funds | 1,077,317 | 873,020 | (822,638) | 1,127,799 | |
| Summary | offunds - prior year | ||||
| Balance at | Balance at | ||||
| 1 September | 31August | ||||
| 2020 | Income | Expenditure | 2021 | ||
| E | E | ||||
| General funds | 1,085,766 | 607,363 | (615,812) | 1,077,317 |
| Analysis | of n | et asse | ts | between funds - current ye |
ar | |
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2022 | 2022 | |||||
| F | ||||||
| Tangible Current |
fixed assets |
assets | 4,278 1,215,142 |
4,278 1,215,142 |
||
| Creditors | due | within | one | year | (91,621) | (91,621) |
| 1,127,799 | 1,127,799 |
| Analysis | of n | et asse | ts | between funds -prior year | ||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2021 | 2021 | |||||
| E | E | |||||
| Tangible Current |
fixed assets |
assets | 4,409 1,138,946 |
4,409 1,138,946 |
||
| Creditors | due | within | one | year | (66,038) | (66,038) |
| Total | 1,077,317 | 1,077,317 |
| 2022 | 2021 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| E | |||||||||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | |||||||||
| Activities) | 50,482 | (8,448) | |||||||||||||||
| Adjustments | for: | ||||||||||||||||
| Depreciation | charges | 2,513 | 7,655 | ||||||||||||||
| Interest received | (7,335) | (9,057) | |||||||||||||||
| Loss on the | sale offixed | assets | 171 | ||||||||||||||
| (Increase) in |
debtors | (5,776) | (20,666) | ||||||||||||||
| Increase/(decrease) | in | creditors | 25,583 | (7,560) | |||||||||||||
| Net cash provided | by/(used | in) operating | activities | 65,467 | (37,905) | ||||||||||||
| 17. | Analysis of | cash | and | cash equivalents | |||||||||||||
| 2022 | 2021 | ||||||||||||||||
| Cash in hand |
1,119,844 | 1,049,424 | |||||||||||||||
| Total cash and cash | equivalents | 1,119,844 | 1,049,424 | ||||||||||||||
| 18. | Analysis of | changes | in | net debt | |||||||||||||
| At 1 | |||||||||||||||||
| September | At 31 | ||||||||||||||||
| 2021 | Cash flows | August 2022 | |||||||||||||||
| E | E | ||||||||||||||||
| E | |||||||||||||||||
| Cash at bank | and | in | hand | 1,049,424 | 70,420 | 1,119,844 | |||||||||||
| 1,049,424 | 70,420 | 1,119,844 |
| cancellable | o | perating leases as follows: |
||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Not later than | 1 year | 37,314 | 34,048 | |
| Later than | 1 year and not later than 5 years | 37,314 | 64,000 | |
| 74,628 | 98,048 |