2022-08-31-accounts - Hertscam Network

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				Page
Report ofthe	Trustees		1	to	3
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes to the	Financial Statements		7	to	11
Detailed Statement of Financial Activities				12

				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	8		E	E
CURRENT ASSETS
Debtors	6	3,050		3,050	1,350
Cash at bank		~77 378	~5477	~82 855	~83206
		80,428	5,477	85,905	84,556
CREDITORS
Amounts falling due within one year	7	(11,649)		(11,649)	(15,755)
NET CURRENT ASSETS		~68 779	~5477	~74256	~68 801
TOTAL ASSETS LESSCURRENT
LIABILITIES		68,779	5,477	74,256	68,801
NET ASSETS		68 779	5477	74 256	68801
FUNDS
Unrestricted funds				68,779	63,324
Restricted funds				5,477	5,477
TOTAL FUNDS				74 256	68801

CHARITABL	E ACTIVITIES
		2022 f	2021 E
College/ School Contributions		55,475	67,775
Miscellaneous	Income	2,280
International	Teacher Leadership	~31 876	~30073
		~89 631	~97848

During the year no expenses were paid to Trustees (2020 -	During the year no expenses were paid to Trustees (2020 -	During the year no expenses were paid to Trustees (2020 -	6504).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
			6	8	6
INCOME AND ENDOWMENTS		FROM
Charitable activities			97,848		97,848
EXPENDITURE ON
Raising funds			854		854
Charitable activities
Charitable Activity			113,127	904	114,031
Total			113981	904	114885
NET INCOME/(EXPENDITURE)			(16,133)	(904)	(17,037)
RECONCILIATION	OF FUNDS
Total funds brought	forward		79,457	6,381	85,838
TOTAL FUNDS CARRIED FORWARD			~63 324	~5477	~68 801

Comparative	net movement in funds, inclu	ded in the above are as follows	:
		Incoming	Resources	Movement
		resources	expended	in funds
		E		8
Unrestricted	funds
General fund		97,848	(113,981)	(16,133)
Restricted funds
Open Society	Foundation		(904)	(904)
TOTAL FUNDS		~97 848	~114885)	~17,037)

A current year	12 months and prior year 12	months combined position is	as follows;
			Net
			movement	At
		At 1.9.20 f	In funds E	31.8.22 E
Unrestricted	funds
General fund		79,457	(10,678)	68,779
Restricted funds
HFL Funding Open Society	Foundation	5,374 1 007	~904)	5,374 103
		6,381	~904)	~5477
TOTAL FUNDS		~85 838	~11582)	74,256

A current year above are as	12 months and prior year 1 follows:	2 months combined net movem	ent in funds,	included in th
		Incoming	Resources	Movement
		resources f	expended f	in funds 6
Unrestricted	funds
General fund		187,479	(198,157)	(10,678)
Restricted funds
Open Society	Foundation		(904)	(904)
TOTAL FUNDS		1~87479	(199,061)	(11,582)

	Detailed Statement of Fin for the Year Ended 31	ancial Activities August 2022
		2022	2021
		E	E
INCOME AND ENDOWMENTS
Charitable activities
College/ School Contributions		55,475	67,775
Miscellaneous Income		2,280
International Teacher	Leadership	31,876	30073
		89,631	97848
Total Incoming resources		89,631	97,848
EXPENDITURE
Other trading activities
Bad debts			854
Charitable activities
Fees in respect of delivery oftraining		44,058	25,294
Graduation costs		5,221
Open Society Foundation			904
		49,279	26,198
Support costs
Management
Administrative support		21,744	77,346
Financial support		5,952	2,625
Recruitment fees		964	2,465
Insurance		157
Postage, stationery	8 advertising	7,873	2,444
Network events and	conference	220
Sundries		965	36
Travelling		~4,688)	989
		33,187	85,905
Other
Accountancy		~1710	~1928
Total resources expended		84 176	~114885
Net Income/(expenditure)		~5455	~17037)