|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|7|
|Report ofthe Independent
Auditors|8|to|11|
|Statement ofFinancial Activities||12||
|Statement of Financial Position||||
|Statement ofCash Flows||14||
|Notes to the Statement ofCash Flows||15||
|Notes to the Financial Statements|16 to||23|
|Detailed Statement of Financial Activities|24|to|25|
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||||2023|2022|
|---|---|---|---|---|
||||Unrestricted|Total|
|||Notes|funds
f|fundsf|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies|||951,466|992,306|
|Investment
income|||476|68|
|Total|||951,942|992,374|
|EXPENDITURE ON|||||
|Charitable
activities||5|||
|Development
and maintenance|ofdatabase||1,517,547|1,171,442|
|NET INCOME/(EXPENDITURE)|||(565,605)|(179,068)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward|||1,516,904|1,695,972|
|TOTAL FUNDS CARRIED FORWARD|||951,299|1,516,904|
##
##
|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
||Notes|||
|FIXEDASSETS||||
|Intangible assets|10|308,743|322,326|
|Tangible assets|11|11,660|8,044|
|||320,403|330,370|
|CURRENT ASSETS||||
|Debtors|12|41,160|19,618|
|Cash at bank||1,140,027|1,677,412|
|||1,181,187|1,697,030|
|CREDITORS||||
|Amounts
falling due within one year|13|(550,291)|(510,496)|
|NET CURRENT ASSETS||630,896|1,186,534|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||951,299|1,516,904|
|NET ASSETS||951,299|1,516,904|
|FUNDS|15|||
|Unrestricted
funds||951,299|1,516,904|
|TOTAL FUNDS||951,299|1,516,904|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|f|F|
|Cash flows from operating||activities||||
|Cash generated|from operations|||(388,117)|(32,271)|
|Net cash used
in|operating|activities||(388,117)|(32,271)|
|Cash flows from investing||activities||||
|Purchase of intangible
fixed||assets||(138,954)|(193,472)|
|Purchase oftangible fixed assets||||(10,790)|(4,906)|
|Interest received||||476|68|
|Net cash used
in|investing
activities|||(149,268)|(198,310)|
|Change
in cash|and cash|equivalents||||
|in the reporting|period|||(537,385)|(230,581)|
|Cash and cash|equivalents|at the||||
|beginning
ofthe reporting||period||1,677,412|1,907,993|
|Cash and cash|equivalents|at the end||||
|ofthe reporting|period|||1,140,027|1,677,412|
##
|RECONCILIATION
ACTIVITIES|OF NET EXPE|NDITURE TO NET CASH FLOW F|ROM OPERATING||
|---|---|---|---|---|
||||2023|2022|
||||F|F|
|Net expenditure
for|the reporting|period (as per the Statement|||
|ofFinancial Activities)|||(565,605)|(179,068)|
|Adjustments
for:|||||
|Depreciation
charges|||158,949|157,848|
|Loss on disposal offixed assets|||762||
|Interest received|||(476)|(68)|
|(increase)/decrease|in debtors||(21,542)|14,224|
|Increase/(decrease)|in creditors||39,795|(25,207)|
|Net cash used in operations|||(388,117)|(32,271)|
##
|ANALYSIS OF CHANGES
IN NET F|UNDS|||
|---|---|---|---|
||At 1.4.22|Cash flow|At 31.3.23|
||F|F||
|Net cash||||
|Cash at bank|1,677,412|(537,385)|1,140,027|
||1,677,412|(537,385)|1,140,027|
|Total|1,677,412|(537,385)|1,140,027|
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|3.|DONATIONS|AND LEGACIES||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Donations|||||11|21|
||Subscriptions|||||951,455|992,285|
|||||||951,466|992,306|
|4.|INVESTMENT|INCOME||||||
|||||||2023|2022|
|||||||F|E|
||Bank interest|||||476|68|
|5.|CHARITABLE|ACTIVITIES COSTS||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 6)|Totals|
||||||||E|
||Development
database|and maintenance|of||1,339,678|177,869
Governance|1,517,547|
|6.|SUPPORT COSTS|||||||
|||||Management|Finance|costs|Totals|
|||||E|F|||
||Development
database|and maintenance|of|152,914|18,300|6,655|177,869|
##
|below for the basis|ofapportionment|and the key|analysis ofsupp|ort.|
|---|---|---|---|---|
|||General|Governance||
|||Support|function|Basis ofapportionment|
|||E|||
|Wages
Audit fees||152,914|6,655|The duties to which they relate
Governance|
|Accountancy||18,300||The duties to which they relate|
||Total|171,214|6,655||
##
##
|Net incom|e/(expenditure)
is stat|ed after charging/(cr|editing):|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||F.|F|
|Auditors'|remuneration|||6,655|5,400|
|Depreciation - owned assets||||6,412|5,859|
|Other operating leases||||20,247|14,840|
|Deficit on disposal offixed assets
Intellectual
property
amortisation
Foreign exchange (gains)/losses||||762
152,537
(52,562)|151,989
11,042|
|TRUSTEES' REMUNERATION||AND BENEFITS||||
|||||2023|2022|
|||||F|F|
|Trustees'|salaries|||261,600|189,895|
|Trustees'
Trustees'|social security
pension
contributions|to money purchase|schemes|32,416
12,916|22,544
9,603|
|||||306,932|222,042|
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##
|STAFF COSTS|||
|---|---|---|
||2023|2022|
||F|F.|
|Wages and salaries
Social security costs
Other pension costs|772,271
88,947
37,556|582,140
64,235
28,937|
||898,774|675,312|
|The average
monthly
number ofemployees
d|uring the year was as follows:||
|---|---|---|
||2023|2022|
|Management
Technical|2
7|1
7|
|Administration|3|3|
||12|11|
##
##
|9.|STAFF COSTS - continued|||||||||
|---|---|---|---|---|---|---|---|---|---|
||The number
of employees|whose|employee|benefits|(excluding|employer|pension|costs)|exceeded|
||f60,000was:|||||||||
||||||||2023||2022|
||660,001 - 870,000||||||1|||
||F70,001 - F80,000||||||1|||
||280,001 - F90,000||||||1|||
||F.120,001 - f130,000|||||||||
||F130,001 - F140,000||||||1|||
||2190,001 - 2200,000||||||1|||
|10.|INTANGIBLE FIXEDASSETS|||||||||
|||||||||Intellectual||
||||||||||property|
||COST|||||||||
||At 1 April 2022|||||||1,434,790||
||Additions||||||||138,954|
||At 31 March 2023|||||||1,573,744||
||AMORTISATION|||||||||
||At 1 April 2022|||||||1,112,464||
||Charge for year||||||||152,537|
||At 31 March 2023|||||||1,265,001||
||NET BOOK VALUE|||||||||
||At 31 March 2023||||||||308,743|
||At 31 March 2022||||||||322,326|
##
|11.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|---|---|
|||||||Computers|
|||||||and|
|||||||furniture|
||COST||||||
||At 1 April 2022|||||58,126|
||Additions|||||10,790|
||Disposals|||||(26,152)|
||At 31 March 2023|||||42,764|
||DEPRECIATION||||||
||At 1 April 2022|||||50,082|
||Charge for year|||||6,412|
||Eliminated
on disposal|||||(25,390)|
||At 31 March 2023|||||31,104|
||NET BOOK VALUE||||||
||At 31 March 2023|||||11,660|
||At 31 March 2022|||||8,044|
|12.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2023|2022|
|||||||f|
||Other debtors||||4,838|1,081|
||Prepayments
and accrued income||||36,322|18,537|
||||||41,160|19,618|
|13.|CREDITORS: AMOUNTS
FALLING||DUE WITHIN ONE YEAR||||
||||||2023
f|2022
f|
||Trade creditors||||23,346|2,346|
||Social security and other taxes||||36,635|32,988|
||Other creditors||||7,890||
||Accruals and deferred|income|||482,420|475,162|
||||||550,291|510,496|
||Included
within accruals and deferred||income is the following|deferred|income:|f|
||Deferred income at 31|March 2022||||454,721|
||Released
in the year|||||(454,721)|
||Deferred
in the year|||||463,335|
||Deferred income at 31|March 2023||||463,335|
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||E|E|
||Within|one year|||||13,924|
|15.|MOVEMENT|||IN FUNDS||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.22|in funds|31.3.23|
||||||E|E||
||Unrestricted|||funds||||
||General|fund|||736,654|(565,605)|171,049|
||Designated||cash flow fund||250,000||250,000|
||Designated||reserve fund||530,250||530,250|
||||||1,516,904|(565,605)|951,299|
||TOTAL|FUNDS|||1,516,904|(565,605)|951,299|
|Net mov|ement|in funds, included
in the a|bove are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||F|E||
|Unrestricted||funds||||
|General|fund||951,942|(1,517,547)|(565,605)|
|TOTAL|FUNDS||951,942|(1,517,547)|(565,605)|
##
|Compar|ative|s
for movement
in funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.21|in funds|31.3.22|
||||F|||
|Unrestricted||funds||||
|General|fund||915,722|(179,068)|736,654|
|Designated||cash flow fund|250,000||250,000|
|Designated||reserve fund|530,250||530,250|
||||1,695,972|(179,068)|1,516,904|
|TOTAL|FUNDS||1,695,972|(179,068)|1,516,904|
##
|Compara|tive|net movement
in funds,
inc|luded
in the above are as follow|s:||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended
f|in funds|
|Unrestricted||funds||||
|General|fund||992,374|(1,171,442)|(179,068)|
|TOTAL|FUNDS||992,374|(1,171,442)|(179,068)|
##
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|||||2023|2022|
|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Donations||||11|21|
|Subscriptions||||951,455|992,285|
|||||951,466|992,306|
|Investment
income||||||
|Bank interest||||476|68|
|Total incoming|resources|||951,942|992,374|
|EXPENDITURE||||||
|Charitable
activities||||||
|Trustees'
salaries||||130,248|94,834|
|Trustees'
social security||||16,208|11,272|
|Trustees'
pension||contributions||6,458|4,802|
|Wages||||510,671|392,245|
|Social security||||56,531|41,691|
|Pensions||||24,640|19,334|
|Rent and rates||||20,247|14,840|
|Database costs||||123,837|76,073|
|Travel and subsistence||||61,380|1,808|
|Insurance||||32,481|30,967|
|Telephone
Postage and stationery
Computer costs||||790
316
95|730
908
262|
|Sundries||||6,435|7,047|
|Consultancy||||157,541|146,299|
|Bank charges
Foreign exchange
PAYE interest||(gains) / losses||16,061
(52,262)
19|14,562
11,042|
|Training costs||||20,424|5,148|
|Subscriptions
Recruitment
fees||||9,770
33,727|7,204
3,350|
|Marketing||||4,350||
|Amortisation||||152,537|151,989|
|Depreciation||||6,412|5,859|
|Loss on sale oftangible|||fixed assets|762||
|||||1,339,678|1,042,266|
|Support costs||||||
|Management
Trustees' salaries||||130,248|94,833|
|Carried forward||||130,248|94,833|
##
|||2023|2022|
|---|---|---|---|
|||F|E|
|Management||||
|Brought forward||130,248|94,833|
|Trustees'
social security||16,208|11,272|
|Trustees'
pension|contributions|6,458|4,801|
|||152,914|110,906|
|Finance||||
|Accountancy||18,300|12,870|
|Governance
costs||||
|Auditors'
remuneration||6,655|5,400|
|Total resources expended||1,517,547|1,171,442|
|Net expenditure||(565,605)|(179,068)|