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2022-12-31-accounts

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Charity registration number 1153552

FOUNTAIN OF LIFE - ASHILL

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOUNTAIN OF LIFE - ASHILL

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Rev'd PF Wilkinson
Rev'd A Poole
Mr GK Cracknell
Mrs H Beckett
Mr A Rees
Mrs BJ Ashman
Mr S Bullas
Mr EC Godden
Mr J Watts
Mrs C Wilkinson
Mrs S Shee
Mr SH Mawditt (Appointed 24 April 2022)
Mr CS Clark (Appointed 24 April 2022)
Mrs JD Seaman (Appointed 24 April 2022)
Charity number 1153552
Principal address The Fountain Of Life Church
The Stables
Swaffham Road
Ashill
Norfolk
England
IP25 7BT
Auditor Aston Shaw Ltd (Dereham)
62 Norwich Street
Dereham
Norfolk
England
NR19 1AD

FOUNTAIN OF LIFE - ASHILL

CONTENTS

Page
Trustees' report 1
Statement of Trustees' responsibilities 2
Independent auditor's report 3 - 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 18

FOUNTAIN OF LIFE - ASHILL

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

The Trustees present their annual report and financial statements for the year ended 31 December 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's [governing document], the Charities Act 2011 and "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

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Achievements and performance Financial review

It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Structure, governance and management

The Trustees who served during the year and up to the date of signature of the financial statements were: Rev'd PF Wilkinson

Rev'd A Poole Mr GK Cracknell Mrs H Beckett Mr A Rees Mrs BJ Ashman Mr S Bullas Mr EC Godden Mr J Watts Mrs C Wilkinson Mrs S Shee Mr N Richardson Mr SH Mawditt Mr CS Clark Mrs JD Seaman

(Resigned 31 October 2022) (Appointed 24 April 2022) (Appointed 24 April 2022) (Appointed 24 April 2022)

The Trustees' report was approved by the Board of Trustees.

.............................. Rev'd PF Wilkinson Chairman Date: .............................................

.............................. Rev'd A Poole Chairman

FOUNTAIN OF LIFE - ASHILL

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2022

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

FOUNTAIN OF LIFE - ASHILL

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FOUNTAIN OF LIFE - ASHILL

We have audited the financial statements of Fountain of Life - Ashill (the ‘Charity’) for the year ended 31 December 2022 which comprise the statement of financial activities, the balance sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

FOUNTAIN OF LIFE - ASHILL

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF FOUNTAIN OF LIFE - ASHILL

Responsibilities of Trustees

As explained more fully in the statement of Trustees' responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Other matters

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "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)" (as amended) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice.

Use of our report

This report is made solely to the company’s members, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

FOUNTAIN OF LIFE - ASHILL

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF FOUNTAIN OF LIFE - ASHILL

Aston Shaw Ltd (Dereham)

Chartered Accountants Statutory Auditor

......................... 62 Norwich Street Dereham Norfolk England NR19 1AD

Aston Shaw Ltd (Dereham) is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

FOUNTAIN OF LIFE - ASHILL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
Restricted
funds
funds
2022
2022
Notes
£
£
Income and endowments from:
Donations and legacies
2
318,695
-
Branch activities
3
-
2,120
Grants
17,846
-
Other income
4
201
-
Total income
336,742
2,120
Expenditure on:
Activity and running costs
5
106,128
-
Church external giving
18,570
-
Management and administration costs
6
165,671
-
Total expenditure
290,369
-
Net income/(expenditure) for the year/
Net movement in funds
46,373
2,120
Fund transfer
2,075
(2,075)
Fund balances at 1 January 2022
115,488
33,364
Fund balances at 31 December 2022
163,936
33,409		 Total
2022
£
318,695
2,120
17,846
201
338,862
106,128
18,570
165,671
290,369
48,493
-
148,852
197,345		 Total
2021
£
225,224
(3,324)
5,000
89
226,989
81,897
15,503
140,038
237,438
(10,449)
-
159,301
148,852

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

FOUNTAIN OF LIFE - ASHILL

BALANCE SHEET

AS AT 31 DECEMBER 2022

Notes
Current assets
Stocks
14
Community account
Business premium
Kidz Klub
Noah's Ark
First Steps Pre-school
Swaffham Church
Debt Centre
Creditors: amounts falling due within
one year
15
Net current assets
Income funds
Restricted funds
Unrestricted funds		 2022
£
104
17,069
135,110
5,713
7,076
14,006
12,485
6,614
198,177
(832)		 £
197,345
33,409
163,936
197,345		 2021
£
102
19,947
96,947
8,905
6,476
7,100
1,000
8,808
149,285
(433)		 £
148,852
33,364
115,488
148,852

The financial statements were approved by the Trustees on .........................

.............................. Rev'd PF Wilkinson Trustee

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

Charity information

Fountain of Life - Ashill is an education/training provider.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The Charity is a Public Benefit Entity as defined by FRS 102.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

1.4 Income

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

(Continued)

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Donations and legacies

Unrestricted
funds
2022
£
Donations
184,272
Gift aid
42,588
Collections (open plate)
1,341
Other supported projects
90,494
318,695		 Total
2021
£
117,868
21,817
1,469
84,070
225,224

3 Branch activities

Kidz klub
First steps pre-school
Noah's ark
Debt centre
Branch activities		 Total
2022
£
(3,192)
6,906
600
(2,194)
2,120		 Total
2021
£
(2,497
(5,113
1,097
3,189
(3,324

4 Other income

Other resources and conferences
Dividends and interest		 Total
2022
£
14
187
201		 Total
2021
£
37
52
89

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

5 Charitable activities

5
Charitable activities
Church quota
Ministers stipend
Funeral fees and weddings
Church clubs/activities
Books, resources and catering
Courses /conferences
6
Church management and administration
Printing, stationery, accountancy and website
Church running expenses
Wages, salaries and tax		 Total
2022
£
28,813
38,097
112
35,447
3,559
100
106,128
Total
2022
15,032
18,803
131,836
165,671		 Total
2021
£
23,474
32,219
1,213
22,577
1,829
585
81,897
Total
2021
13,969
19,496
106,573
140,038

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

7 Fountain of Life Church
Income
Giving and collection at all services
Ashill
Swaffham
Gift day donations
Gift aid received
Interest received
Restricted donations
Event donations
Mercy dontations
Repayment towards salaries
Sundry receipts
Funeral donations
Expenditure
Overheads
Church minister
Church quota
Church Rent
Gross wages - FOL
Gross wages - Pre-school
Gross wages - Kidz Klub
Employee Pension contribution
Total
Running costs
Administration
Sound and visuals
Minbus expenses
Printing and copier services
Catering expenses
Resources
Rehoboth publishing
Total
Activity costs
Events
Youth
Activies paid by church members
Kids chruch activities
Good companions
Courses, conferences & memberships
Missional communities and other groups
Mercy and crisis costs
Funeral and weddings
Total		 2022
126,605.74
15,296.24
77,419.37
42,588.19
186.89
2,175.90
936.06
5,033.86
50,815.88
15,478.39
206.00
336,742.52
38,096.74
28,814.00
14,700.00
71,956.35
38,702.17
16,507.08
4,670.28
213,446.62
6,624.20
2,310.73
1,792.49
3,297.83
2,155.69
7,151.50
16.80
23,349.24
4,009.87
3,693.50
2,237.90
51.38
1,560.42
100.31
349.41
8,779.87
112.00
20,894.66

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

7 Fountain of Life Church
(Continued)
Church donations to other groups
16,582.20
Financial costs
Bank charges
353.98
Accounts, payroll and auditors charge
4,739.68
Bank credit card charge
452.56
Total
5,546.22
Sundry costs
Swaffham church expenses
10,551.05
290,369.99
Opening balance 1st January 2022
115,488.00
Profit/loss for the year
46,372.53
Fund transfer
2,075.46
Closing balance 31st December 2022
163,935.99		 Fountain of Life Church
(Continued)
Church donations to other groups
16,582.20
Financial costs
Bank charges
353.98
Accounts, payroll and auditors charge
4,739.68
Bank credit card charge
452.56
Total
5,546.22
Sundry costs
Swaffham church expenses
10,551.05
290,369.99
Opening balance 1st January 2022
115,488.00
Profit/loss for the year
46,372.53
Fund transfer
2,075.46
Closing balance 31st December 2022
163,935.99
5,546.22
10,551.05
290,369.99
115,488.00
46,372.53
2,075.46
163,935.99

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

8 Kidz Klub Accounts

Income
Donations
Expenditure
Wages
Training/Conference Fees
Teaching/Music Resources
Resources
Printing/Telephone
Hire
Prop/Games/Prizes
Refreshments
Miscellaneous
Minibus
Opening balance 1st January 2022
Excess Income/ (Expenditure) for the year
Closing balance 31st December 2022		 2022
18,179.00
18,179.00
17,794.60
62.40
111.31
376.86
740.96
870.00
578.31
301.43
358.00
177.00
21,370.87
8,904.83
(3,191.87)
5,712.96		 2021
17,920.08
17,920.08
16,450.27
-
175.71
696.12
946.71
377.68
1,005.77
167.90
475.44
121.25
20,416.85
11,401.60
(2,496.77)
8,904.83

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

9 First Steps Pre-school

Income
NCC
Parents Fees
Uniform Sales
Grant
Additional Charges
Refunds
Donations
Expenditure
Operation Mobilisa
Wages
Rent
Uniform
Food - consumables
Building improvements
Admin
Craft
Equipment
Training
Donations
Cleaning
Other
Opening balance 1st January 2022
Excess Income/ (Expenditure) for the year
Closing balance 31st December 2022		 2022
46,701.55
4,447.68
-
349.00
101.30
-
2,331.00
53,930.53
180.00
40,595.59
3,960.00
76.50
17.82
-
745.56
61.29
578.12
340.00
-
8.49
461.27
47,024.64
7,100.07
6,905.89
14,005.96		 2021
32,302.76
6,871.55
47.00
-
93.90
79.00
235.76
39,629.97
180.00
36,598.91
3,960.00
45.25
43.58
361.28
1,657.66
318.71
505.51
27.30
270.94
377.19
396.93
44,743.26
12,213.36
(5,113.29)
7,100.07

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

10
Noah's Ark
Income
FoL
Opening balance 1st January 2022
Excess Income/ (Expenditure) for the year
Closing balance 31st December 2022		 2022
600.00
600.00
6,475.71
600.00
7,075.71		 2021
1,096.50
1,096.50
5,379.21
1,096.50
6,475.71

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

11 Debt Centre

Income
Grants
Donations
Expenditure
Reimbursements and travel
Equipment
Telephone
Postage & stationery
CLC net wages
Sundry
Manager fee
CAP HQ Contribution
Opening balance 1st January 2022
Excess Income/ (Expenditure) for the year
Closing balance 31st December 2022		 2022
5,000.00
7,130.50
12,130.50
722.09
8.00
278.00
126.21
2,163.12
19.35
8,008.03
3,000.00
14,324.80
8,808.41
(2,194.30)
6,614.11		 2021
7,500.00
9,618.34
17,118.34
273.50
-
210.66
108.25
2,044.20
-
8,292.33
3,000.00
13,928.94
5,619.01
3,189.40
8,808.41

FOUNTAIN OF LIFE - ASHILL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022

12 Employees

The average monthly number of employees during the year was:

2022 2021
Number Number
14 14

There were no employees whose annual remuneration was more than £60,000.

13 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

14 Stocks

Stocks
Stock
Creditors: amounts falling due within one year
Other taxation and social security
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2022
2022
£
£
Fund balances at 31
December 2022 are
represented by:
Current assets/(liabilities)
163,936
33,409
163,936
33,409		 2022
£
104
2022
£
832
Total Unrestricted
funds
Restricted
funds
2022
2021
2021
£
£
£
197,345
115,488
33,364
197,345
115,488
33,364		 2021
£
102
2021
£
433
Total
2021
£
148,852
148,852

15 Creditors: amounts falling due within one year

16 Analysis of net assets between funds

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