| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 9 | to | 16 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | 125,613 | 125,613 | 172,687 | |||
| Charitable activities |
||||||
| Educational | 62,838 | 62,838 | 59,379 | |||
| Other trading activities Investment income |
129,464 82 |
129,464 82 |
102,420 . 9 |
|||
| Total | 255,159 | 62,838 | 317,997 | 334,495 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Educational | 294,498 | 60,656 | 355,154 | 308,720 | ||
| Support costs | 3,858 | 3,858 | 2,172 | |||
| Total | 298,356 | 60,656 | 359,012 | 310,892 | ||
| NET INCOME/(EXPENDITURE) | (43,197) | 2,182 | (41,015) | 23,603 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 129,524 | 129;524 | 105,921 | ||
| TOTAL FUNDS CARRIED FORWARD | 86,327 | 2,182 | 88,509 | 129,524 |
| BALANCE SHEET 31MARCH 2023 |
|||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 2,645 | 2,645 | 2,591 | |
| CURRENT ASSETS | |||||
| Debtors | 13 | 550 | 550 | 1,350 | |
| Cash at bank | 133,404 | 2,182 | 135,586 | 166,917 | |
| 133,954 | 2,182 | 136,136 | 168,267 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (50,272) | (50,272) | (41,334) | |
| NKT CURRENT ASSETS | 83,682 | 2,182 | 85,864 | 126,933 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 86,327 | 2,182 | 88,509 | 129,524 | |
| NET ASSETS | 86,327 | 2,182 | 88,509 | 129,524 | |
| FUNDS | 15 | ||||
| Unrestricted funds |
86,327 | 129,524 | |||
| Restricted funds | 2,182 | ||||
| TOTAL FUNDS | 88,509 | 129,524 |
| 2. | DONATIONS AND LE |
GA | CIES | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Donations | 78 | (4,481) | |||
| Grants | 125,535 | 177,168 | |||
| 125,613 | 172,687 | ||||
| Grants received, included | in | the above, are as follows: | |||
| 2023 | 2022 | ||||
| ABCD | 14,999 | ||||
| Albion Life | 499 | ||||
| Alistair James Memorial Fund | 2,050 | ||||
| Arnold Clark | 1,000 | ||||
| ASDA | 200 | ||||
| The Blagrave Trust Brighton and Hove City Council. BHCC - Inclusion grant BHCC Brighton Youth Collective |
11,971 26,000 |
35,400 26,854 890 27,750 |
|||
| Brighton Youth Centre | 8,137 | ||||
| Chalk Cliff Trust | 3,000 | ||||
| Clarion House | 6,736 | ||||
| DWP Kickstart | 4,264 | ||||
| Garfield Weston Foundation | 30,000 | 15,000 | |||
| Enjoolata Foundation Ernest Kleinwort Charitable |
Trust | 4,000 | 5,000 | ||
| Fonthill | 1,500 | ||||
| National Lottery - Awards for All Sport England Sussex Community Foundation |
500 7,917 |
10,000 16,833 |
|||
| Sussex Community Foundation and Brighton and Hove City Council 50:50 Sussex Police and Crime Commissioner |
8,275 1,250 |
5,000 | |||
| The Trust for Developing | Communities | 13,950 | 12,928 | ||
| Waitrose | 800 | ||||
| 125,535 | 177,168 | ||||
| 3. | OTHER TRADING ACTIVITIES | ||||
| 2023 | 2022 | ||||
| Fees | 127,885 | 98,252 | |||
| Other income | 1,579 | 4,168 | |||
| 129,464 | 102,420 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Deposit account interest | 82 | |||||||
| INCOME FROM CHARITABLE ACTIVITIES | ||||||||
| 2023 | 2022 | |||||||
| Activity | ||||||||
| Grants | Educational | 62,838 | 59,379 | |||||
| Grants received, included | in the | above, are as follows: | ||||||
| 2023 | 2022 | |||||||
| Global Make | Some Noise | 27,500 | ||||||
| Holiday Activities | and Food Programme | 21/22 (HAF) | 5,618 | |||||
| Hyde Housing Julia Rausing |
30,326 4,612 |
5,000 40,559 |
||||||
| Youth Endowment | Fund | 400 | 8,202 | |||||
| 62,838 | 59,379 | |||||||
| The following | grants have | been | deferred | to 2023/24: | ||||
| 2023 | 2022 | |||||||
| Youth Endowment | Fund | 400 | ||||||
| Sussex Community Foundation Garfield Weston Foundation |
1,250 15,000 |
2,167 15,000 |
||||||
| Global Make | Some Noise | 12,500 | ||||||
| Julia Rausing Fonthill |
1,500 | 4,612 | ||||||
| Charles Hayward Sussex Police and |
Foundation Crime Commissioner |
5,250 3,750 |
||||||
| Waitrose | 200 | |||||||
| Hyde Housing | 13,674 | |||||||
| CHARITABLE ACTIVITIES COSTS | ||||||||
| Direct | Support | |||||||
| Costs (see | costs (see | |||||||
| note 7) | note 8) | Totals | ||||||
| Educational | 355,154 | 355,154 | ||||||
| Support costs | 3,858 | 3,858 | ||||||
| 355,154 | 3,858 | 359,012 |
| DIREC | T CO | ST | S OFCHARITABLE ACTIVITIES | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Salaries | 254,837 | 207,445 | |||
| Other project | running costs |
77,353 | 69,892 | ||
| Printing, | postage | Ec stationery | 3,370 | 3,764 | |
| Insurances | 1,661 | 1,364 | |||
| Telephone | 1,312 | 3,193 | |||
| Training | 104 | 3,131 | |||
| Property | maintenance | 14,800 | 19,037 | ||
| Depreciation | 1,717 | 894 | |||
| 355,154 | 308,720 | ||||
| SUPPORT COSTS | |||||
| Governance | |||||
| costs | |||||
| Support | costs | 3,858 | |||
| Support | costs, | included in the above, are as follows: | |||
| 2023 | 2022 | ||||
| Support | Total | ||||
| costs | activities | ||||
| Accountancy, | payroll and bookkeeping | 2,898 | 1,212 | ||
| Independent examination |
960 | 960 | |||
| 3,858 | 2,172 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Salaries | 246,536 | 197,217 | |||
| Employers | national insurance | 16,201 | 10,834 | ||
| Employers | pension costs | 3,391 | 2,847 | ||
| The average number ofemployees, | based on headcount | was 18(2022: 15). | |||
| No employee received emoluments | in excess off60,000(2022 none). |
| employers national insurance and pension contributions, ofthe key management pers F100,248). |
employers national insurance and pension contributions, ofthe key management pers F100,248). |
employers national insurance and pension contributions, ofthe key management pers F100,248). |
onnel were f1 |
15,552 (202 |
|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
172,687 | 172,687 | ||
| Charitable activities |
||||
| Educational | 59,379 | 59,379 | ||
| Other trading activities | 102,420 | 1.02,420 | ||
| Investment income |
9 | 9 | ||
| Total | 275,116 | 59,379 | 334,495 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Educational | 249,341 | 59,379 | 308,720 | |
| Support costs | 2,172 | 2,172 | ||
| Total | 251,513 | 59,379 | 310,892 | |
| NET INCOME | 23,603 | 23,603 | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 105,921 | 105,921 | |
| TOTAL FUNDS CARRIED FORWARD | 129,524 | 129,524 |
| 12. | TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | Computer | ||||
| fittings | equipment | Totals | |||
| COST | |||||
| At 1 April 2022 | 2,316 | 3,327 | 5,643 | ||
| Additions | 167 | 1,604 | 1,771 | ||
| At 31March 2023 | 2,483 | 4,931 | 7,414 | ||
| DEPRECIATION | |||||
| At 1 April 2022 | 1,388 | 1,664 | 3,052 | ||
| Charge for year | 351 | 1,366 | 1,717 | ||
| At 31March 2023 | 1,739 | 3,030 | 4,769 | ||
| NET BOOKVALUE | |||||
| At 31March 2023 | 744 | 1,901 | 2,645 | ||
| At 31March 2022 | 928 | 1,663 | 2,591 | ||
| 13. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR | ||||
| 2023 | 2022 | ||||
| Trade debtors | 550 | 1,350 | |||
| 14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2023 | 2022 | ||||
| Trade creditors | 2,898 | 1,453 | |||
| Taxation and social security | 4,769 | 3,612 | |||
| Other creditors | 42,605 | 36,269 | |||
| 50/72 | 41,334 | ||||
| 15. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At | 1.4.22 | in funds | 31.3.23 | ||
| Unrestricted funds |
|||||
| General fund | 129,524 | (43,197) | 86,327 | ||
| Restricted funds | |||||
| Hyde Housing | 2,182 | 2,182 | |||
| TOTAL FUNDS | 129,524 | (41,015) | 88,509 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 255,159 | (298,356) | (43,197) | ||||
| Restricted funds | |||||||
| Global Make | Some | Noise | 27,500 | (27,500) | |||
| Hyde Housing | 30,326 | (28,144) | 2,182 | ||||
| Julia Rausing | 4,612 | (4,612) | |||||
| Youth Endownment | Fund | 400 | (400) | ||||
| 62,838 | (60,656) | 2,182 | |||||
| TOTAL FUNDS | 317,997 | (359,012) | (41,015) | ||||
| Comparatives | for | movement in funds |
|||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 | in funds | 31.3.22 | |||||
| Unrestricted | funds | ||||||
| General fund | 105,921 | 23,603 | 129,524 | ||||
| TOTAL FUNDS | 105,921 | 23,603 | 129,524 | ||||
| Comparative | net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 275,116 | (251,513) | 23,603 | ||||
| Restricted funds | |||||||
| Global Make | Some | Noise | 17,500 | (17,500) | |||
| Holiday Activities | and Food | Programme | |||||
| 21/22 (HAF) | 5,618 | (5,618) | |||||
| Hyde Housing | 5,000 | (5,000) | |||||
| Julia Rausing | 23,059 | (23,059) | |||||
| Youth Endownment | Fund | 8,202 | (8,202) | ||||
| 59,379 | (59,379) | ||||||
| TOTAL FUNDS | 334,495 | (310,892) | 23,603 |