**REGISTERED CHARITY NUMBER: 1153543**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
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FOR
ENGLISH BRIDGE EDUCATION AND DEVELOPMENT
30/08/22 14:54
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Beacons Chartered Accountants 30 High Street Wendover Buckinghamshire HP22 6EA
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 13
Detailed Statement of Financial Activities 14 to 15
30/08/22 14:54
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**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The main objectives of the charity are :
- 1) the advancement of amateur sport by promoting the game of duplicate bridge for the public benefit.
- 2) the advancement of the education of young persons in full time education in the playing of duplicate bridge.
In support of Object (1) the charity has :
- sought to promote and develop bridge as a social and community activity with particular health benefits in maintaining effective brain function and providing opportunities to foster friendships and community spirit.
- trained bridge teachers.
- produced and sold books and educational materials for bridge players.
- produced books and educational materials to assist students.
In support of Object (2) the charity has :
- publicised the educational merits of duplicate bridge as an activity for the development of young people.
- promoted the encouragement of young bridge players within the English Bridge Union Limited, County Associations and Bridge Clubs.
- organised an online competition for schools.
## **Social investments**
The Charity made headway on a number of projects in 2021/22 although the slow return to normal after the coronavirus pandemic inevitably slowed progress.
## **Grantmaking**
The Trustees have an approved policy for grant making which is publicised on the Charity's website.
## **ACHIEVEMENT AND PERFORMANCE**
The main achievements of the Charity during the year were :
- Beating budget on Trading activities.
- Making significant progress on projects, including:
- improving the day-to-day operations of the Charity to improve service quality and improve governance;
- implementing recommendations from an education advisory group;
- resuming face to face training of teachers and tournament directors;
- launching two competitions for young people in full time education, the Grand Prix and Inter Schools League;
- continuing work on developing a national youth strategy.
Page 1
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **FINANCIAL REVIEW**
## **Principal funding sources**
The Charity raised funds from :
1. Surplus on primary purpose trading.
2. Fundraising - two national events (Autumn and Spring Simultaneous Pairs).
## 3. Donations.
All expenditure has been spent on furthering the main objectives of the Charity. In making decisions about expenditure, the Trustees have had regard to the Charity Commission's guidance on Public Benefit.
All cash is held at the bank.
## **Reserves policy and subsequent events**
The Charity's reserves policy has been formulated by the Trustees on the basis of future anticipated needs. However, 2021/22 saw reserves reduced to about £210,000 because, although cash investment in projects planned to continue through to end 2022/23 remained low, trading income was limited by the coronavirus pandemic. In particular, these projects include plans to continue the development of an online bridge learning platform for bridge teachers and their pupils, which will require a significant investment of both human and financial capital.
The impact of the coronavirus pandemic had a material impact on the charity in the financial year ended 31 March 2021. The charity's trading and other sources of income have continued to be substantially affected since then and the Trustees believe that they will continue to be reduced for some time. The Trustees consider unrestricted reserves in the region of £200,000 for 2022/23 to be necessary in order to maintain the financial viability of the charity.
constitution, and
## **Funds in deficit**
There are no funds in deficit at the Balance Sheet date.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a constitution, and constitutes as a charitable incorporated organisation (CIO).
## **Recruitment and appointment of new trustees**
The trustees have been selected as follows :
Four appointed by the English Bridge Union Limited
Three appointed by the Trustees of English Bridge Education & Development.
## **Related parties**
The charity has a close working relationship with the National Body for duplicate bridge in England - The English Bridge Union Limited. The English Bridge Union Limited makes significant charitable donations to the charity the details of which can be found in Note 17 to these financial statements.
The charity pays certain trustees for teaching services as set out in Note 17 to these financial statements. The rates paid are in accordance with standard rates paid to third parties.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1153543
Page 2
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 MARCH 2022**
## **Principal address**
Broadfields Bicester Road Aylesbury Buckinghamshire HP19 8AZ
## **Trustees**
A N Margetts (resigned 31.7.21) M R D Hill - Treasurer D Wilson (resigned 30.3.22) M Sharp (resigned 3.9.21) T L Hewett D B B Wright (resigned 9.3.22) G Fawcett L Guy - Chairman
## **Independent Examiner**
Anthony Parks ACA Institute of Chartered Accountants in England and Wales Beacons Chartered Accountants 30 High Street Wendover Buckinghamshire HP22 6EA
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30/08/22 14:54
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Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ L Guy - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **Independent examiner's report to the trustees of English Bridge Education and Development**
I report to the charity trustees on my examination of the accounts of English Bridge Education and Development (the Trust) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Anthony Parks ACA Institute of Chartered Accountants in England and Wales Beacons Chartered Accountants 30 High Street Wendover Buckinghamshire HP22 6EA Date: .............................................
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30/08/22 14:54
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Page 4
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**30/08/22 14:54**
Unrestricted
Restricted
fund
funds
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
47,324
540
**Charitable activities**
5
Teacher training
4,672
-
Provision of training materials
42,170
-
T D Training
18,711
-
Other trading activities
3
45,492
-
Investment income
4
128
-
Other income
153
-
**Total**
158,650
540
**EXPENDITURE ON**
Raising funds
6
29,080
-
**Charitable activities**
7
Junior Events
-
185
Teacher training
20,926
-
Provision of training materials
22,974
-
T D Training
14,710
-
Youth
4,176
163
Minibridge
-
-
General charitable expenditure
40,619
-
Medical & Social Benefits Research
3,900
-
Non EBTA Teacher Outreach
-
-
Class to Club
6,577
-
Bridge For Youth
2,398
1,938
E-Learning
28,462
-
**Total**
173,822
2,286
**NET INCOME/(EXPENDITURE)**
(15,172)
(1,746)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
209,063
17,941
**TOTAL FUNDS CARRIED FORWARD**
193,891
16,195|31.3.22
Total
funds
£
47,864
4,672
42,170
18,711
45,492
128
153
159,190
29,080
185
20,926
22,974
14,710
4,339
-
40,619
3,900
-
6,577
4,336
28,462
176,108
(16,918)
227,004
210,086|31.3.21
Total
funds
£
30,812
5,265
31,258
(54)
30,820
1,413
-
99,514
40,613
177
6,626
15,775
4,941
8,782
4
61,420
6,070
3,843
2,232
9,960
32,224
192,667
(93,153)
320,157
227,004|
|---|---|---|
The notes form part of these financial statements
Page 5
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **BALANCE SHEET**
## **31 MARCH 2022**
|**30/08/22 14:54**
31.3.22
Unrestricted
Restricted
Total
fund
funds
funds
Notes
£
£
£
**CURRENT ASSETS**
Stocks
13
23,741
-
23,741
Debtors
14
2,510
-
2,510
Cash at bank and in hand
191,736
16,194
207,930
217,987
16,194
234,181
**CREDITORS**
Amounts falling due within one year
15
(24,095)
-
(24,095)
**NET CURRENT ASSETS**
193,892
16,194
210,086
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
193,892
16,194
210,086
**NET ASSETS**
193,892
16,194
210,086
**FUNDS**
16
Unrestricted funds
193,892
Restricted funds
16,194
**TOTAL FUNDS**
210,086
The
financial
statements
were
approved
by
the
Board
of
Trustees
and
authorised
for
............................................. and were signed on its behalf by:
.............................................
L Guy - Trustee|31.3.21
Total
funds
£
25,375
5,546
201,720
232,641
(5,637)
227,004
227,004
227,004
209,063
17,941
227,004
issue
on|
|---|---|
............................................. M R D Hill - Trustee
The notes form part of these financial statements
Page 6
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
on the basis of their
## **Allocation and apportionment of costs**
Direct costs
All direct costs are allocated to the activity or project to which they relate.
Staff costs
Staff costs identified as relating to an activity or project, they are allocated accordingly.
General support costs
Support costs are allocated to activities or projects on the basis of their usage of office, storage space and equipment.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs**
The charity contributes, as employer, to staff pension schemes in accordance with the auto enrolment legislation.
continued...
Page 7
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
|**2.**|**DONATIONS AND LEGACIES**||||||||
|---|---|---|---|---|---|---|---|---|
||||||||31.3.22|31.3.21|
||||||||£|£|
||Donations||||||47,864|30,812|
|**3.**|**OTHER TRADING ACTIVITIES**
Fundraising events
EBTA
Online student games||||||31.3.22
£
7,204
23,480
14,808
45,492|31.3.21
£
1,375
17,235
12,210
30,820|
|**4.**|**INVESTMENT INCOME**
Deposit account interest||||||31.3.22
£
128|31.3.21
£
1,413|
|**5.**
**6.**|**30/08/22 14:54**
**INCOME FROM CHARITABLE ACTIVITIES**
Provision
of
Teacher
training
T D
training
materials
Training
£
£
£
Training
4,672
-
-
Primary purpose trading
-
42,170
-
T D Training
-
-
18,711
4,672
42,170
18,711
**RAISING FUNDS**
**Other trading activities**||||||31.3.22
Total
activities
£
4,672
42,170
18,711
65,553
31.3.22|31.3.21
Total
activities
£
5,265
31,258
(54)
36,469
31.3.21|
||Sim Pairs costs||||||£
2,933|£
880|
||EBTA costs||||||26,147|39,733|
||||||||29,080|40,613|
||||||||||
continued...
Page 8
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. CHARITABLE ACTIVITIES COSTS**
|Junior Events
Teacher training
Provision of training materials
TD Training
Youth
Minibridge
General charitable activities
Medical & Social Benefits Research
Non EBTA Teacher Outreach
Class to Club
Bridge For Youth
E-Learning
**8.**
**GRANTS PAYABLE**
General charitable expenditure
**9.**
**SUPPORT COSTS**
General charitable expenditure
E-Learning
Support costs, included in the above, are
Stripe/CAF charges
Accountancy and professional fees|Direct
Costs
£
185
1,883
6,963
5,957
727
0
2,171
3,900
0
0
60
6,240
28,086|Staff Costs
£
0
15,443
12,911
7,4543
2,912
0
29,408
0
0
5,477
3,876
17,722
95,202|Support
Costs
£
0
3,600
3,100
1,300
700
0
3,300
0
0
1,100
400
4,500
18,000|Governance
Costs
£
0
0
0
0
0
0
5,740
0
0
0
0
0
5,740|Total
£
185
20,926
22,974
14,710
4,339
0
40,619
3,900
0
6,577
4,336
28,462
147,028|
|---|---|---|---|---|---|
||**30/08/22 14:54**
31.3.22
£
160
Governance
Finance
costs
£
£
10
5,740
259
-
269
5,740
as follows:
31.3.22
General
charitable
Total
expenditure
E-Learning
activities
£
£
£
10
259
269
5,740
-
5,740
5,750
259
6,009||||31.3.21
£
561
Totals
£
5,750
259
6,009
31.3.21
Total
activities
£
121
7,954
8,075|
continued...
Page 9
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
The trustees were reimbursed expenses for the year ended 31 March 2022 amounting to £69 in total (2021: £222).
## **11. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **12.**
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|||||
|---|---|---|---|
|31.3.22|31.3.21|
|Administrative staff|3|5|
|No employees received emoluments in excess of £60,000.|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations and legacies|25,024|5,788|30,812|
|Charitable activities|
|-|
|Teacher training|5,265|5,265|
|-|
|Provision of training materials|31,258|31,258|
|-|
|T D Training|(54)|(54)|
|-|
|Other trading activities|30,820|30,820|
|Investment income|1,413|-|1,413|
|Total|93,726|5,788|99,514|
|EXPENDITURE ON|
|-|
|Raising funds|40,613|40,613|
|Charitable activities|
|Junior Events|177|-|177|
|-|
|Teacher training|6,626|6,626|
|-|
|Provision of training materials|15,775|15,775|
|-|
|T D Training|4,941|4,941|
|Youth|8,188|594|8,782|
|Minibridge|-|4|4|
|-|
|General charitable expenditure|61,420|61,420|
|Medical & Social Benefits Research|6,070|-|6,070|
|Non EBTA Teacher Outreach|3,843|-|3,843|
|Class to Club|2,232|-|2,232|
|Bridge For Youth|6,730|3,230|9,960|
|-|
|E-Learning|32,224|32,224|
|Total|188,839|3,828|192,667|
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continued...
Page 10
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
|**30/08/22 14:54**
**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**
Unrestricted
fund
£
**NET INCOME/(EXPENDITURE)**
(95,113)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
304,176
**TOTAL FUNDS CARRIED FORWARD**
209,063
**13.**
**STOCKS**
Stocks
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments and accrued income
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**16.**
**MOVEMENT IN FUNDS**
At 1.4.21
£
**Unrestricted funds**
General fund
209,063
**Restricted funds**
Minibridge
7,394
Youth
194
Bridge For Youth
4,353
Youth Hardship
1,000
Youth Schools Bridge
5,000
17,941
**TOTAL FUNDS**
227,004|**continued**
Restricted
funds
£
1,960
15,981
17,941
31.3.22
£
23,741
31.3.22
£
90
2,420
2,510
31.3.22
£
991
23,104
24,095
Net
movement
in funds
£
(15,171)
-
191
(1,938)
-
-
(1,747)
(16,918)|Total
funds
£
(93,153)
320,157
227,004
31.3.21
£
25,375
31.3.21
£
-
5,546
5,546
31.3.21
£
(9,693)
15,330
5,637
At
31.3.22
£
193,892
7,394
385
2,415
1,000
5,000
16,194
210,086|
|---|---|---|
continued...
Page 11
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **16. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**30/08/22 14:54**
Incoming
resources
£
**Unrestricted funds**
General fund
158,650
**Restricted funds**
Youth
540
Bridge For Youth
-
540
**TOTAL FUNDS**
159,190
**Comparatives for movement in funds**
At 1.4.20
£
**Unrestricted funds**
General fund
304,176
**Restricted funds**
Minibridge
7,398
Youth
-
Bridge For Youth
2,583
Youth Hardship
1,000
Youth Schools Bridge
5,000
15,981
**TOTAL FUNDS**
320,157
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
93,726
**Restricted funds**
Minibridge
-
Youth
788
Bridge For Youth
5,000
5,788
**TOTAL FUNDS**
99,514|Resources
Movement
expended
in funds
£
£
(173,821)
(15,171)
(349)
191
(1,938)
(1,938)
(2,287)
(1,747)
(176,108)
(16,918)
Net
movement
At
in funds
31.3.21
£
£
(95,113)
209,063
(4)
7,394
194
194
1,770
4,353
-
1,000
-
5,000
1,960
17,941
(93,153)
227,004
Resources
Movement
expended
in funds
£
£
(188,839)
(95,113)
(4)
(4)
(594)
194
(3,230)
1,770
(3,828)
1,960
(192,667)
(93,153)|
|---|---|
continued...
Page 12
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **16. MOVEMENT IN FUNDS - continued**
The Minibridge funds are to be used for the teaching of Minibridge in schools in England.
The Youth funds are to be used for the education of young persons in full time education in the playing of duplicate bridge.
The Bridge For Youth fund exists to share the salary costs incurred whilst working on a junior initiative programme.
The Youth Hardship fund provides support to young people accessing bridge.
The Youth Schools Bridge fund is to be used to support bridge in Schools.
## **17. RELATED PARTY DISCLOSURES**
During the year the charity received donations amounting to £36,000 (2021: £21,000) from The English Bridge Union Limited with which the charity has a close working relationship and which appoints the majority of the Board of Trustees. The charity received £2,427 (2021: £560) from The English Bridge Union Limited to cover the cost of discounts provided by the charity to its members. In addition the Charity received free advertising space in that company's publication 'English Bridge' with an estimated market value of £8,210 (2021: £5,980).
## No Trustees received fees for services during the year (2021: D Wright was paid £475).
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30/08/22 14:54
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Page 13
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2022**|||
|---|---|---|
||31.3.22|31.3.21|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|47,864|30,812|
|**Other trading activities**|||
|Fundraising events|7,204|1,375|
|EBTA|23,480|17,235|
|Online student games
**Investment income**
Deposit account interest
**Charitable activities**
Training
Primary purpose trading
T D Training|14,808
45,492
128
4,672
42,170
18,711|12,210
30,820
1,413
5,265
31,258
(54)|
|**30/08/22 14:54**
**Other income**
Other Income
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Sim Pairs costs
EBTA costs|65,553
153
159,190
2,933
26,147
29,080|36,469
-
99,514
880
39,733
40,613|
|**Charitable activities**
Wages|91,075|87,993|
|Pensions|4,126|5,065|
|Insurance|477|-|
|Postage and stationery|226|924|
|Sundries|566|8,758|
|Meetings|1,527|1,210|
|Course costs|7,787|1,922|
|Office costs|18,023|24,354|
|Training costs|5,953|6,650|
|Research costs|3,900|6,070|
|General cost of sales|6,874|-|
|Real bridge/BBO costs|88|-|
|Domain names|237|472|
|Carried forward|140,859|143,418|
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Page 14
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**|||
|---|---|---|
|**FOR THE YEAR ENDED 31 MARCH 2022**|||
||31.3.22|31.3.21|
||£|£|
|**Charitable activities**|||
|Brought forward|140,859|143,418|
|Grants to institutions|160|-|
|Grants to individuals
**Support costs**
**Finance**
Stripe/CAF charges
**Governance costs**
Accountancy and professional fees|-
141,019
269
5,740|561
143,979
121
7,954|
|Total resources expended|176,108|192,667|
|**Net expenditure**|(16,918)|(93,153)|
||||
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30/08/22 14:54
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This page does not form part of the statutory financial statements
Page 15