2022-12-31-accounts - Divine Television Foundation Ltd

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			Page
Report ofthe Trustees		I	to	3
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		6	to	7
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Financial Statements		10	to	15
Detailed Statement ofFinancial Activities		16	to	17

Balance Sheet
31December 2022
		31.12.22	31.12.21
		Unrestricted	Total
		fund	funds
	Notes		f.
FIXEDASSETS
Tangible assets		2,381,197	1,875,462
CURRENT ASSETS
Debtors	12	20,000	21,785
Cash at bank and in hand		844,353	941,060
		864,353	962,845
CREDITORS
Amounts falling due within one year	13	(63,558)	(48,026)
NET CURRENT ASSETS		800,795	914,819
TOTAL ASSETSLESSCURRENT
LIABILITIES		3,181,992	2,790,281
CREDITORS
Amounts falling due after more than one year	14	(400,000)
NET ASSETS		2,781,992	2,790,281
FUNDS	16
Unrestricted funds		2,781,992	2,790,281
TOTAL FUNDS		2,781,992	2,790,281

Cash Flow Statement
for the Year Ended 31December 2022
					31.12.22	31.12.21
				Notes
Cash flows from operating		activities
Cash generated fium operations					15,260	85,401
Net cash provided by operating activities					15,260	85,401
Cash flows from investing		activities
Purchase oftangible fixed	assets				(112,083)	(6,821)
Interest received					116	26
Net cash used in investing	activities				(111,967)	(6,795)
Cash flows from financing		activities
Loan repayments in year						(7,060)
Net cash provided by/(used		in) financing		activities		(7,060)
Change in cash and cash	equivalents		in
the reporting period					(96,707)	71,546
Cash and cash equivalents		at the
beginniag ofthe reporting		period			941,060	869,514
Cash and cash equivalents		at the end	of
the reporting period					844,353	941,060

ANALYSIS OFCHANGES IN NET FUNDS	ANALYSIS OFCHANGES IN NET FUNDS
		At 1.1.22	Cash flow	At 31.12.22
			8
Net cash
Cash at bank and in hand		941,060	(96,707)	844,353
		941,060	(96,707)	844,353
Debt
Debts falling due within	1year	(39,614)		(39,614)
Debts falling due afler 1	year		(400,000)	(400,000)
		(39,614)	(400,000)	(439,614)
Total		901,446	(496,707)	404,739

Notes to the Financial Statements	Notes to the Financial Statements	Notes to the Financial Statements	- continued	- continued
for the Year Ended		31December	2022
3.	INVESTMKNT INCOME
						31.12.22		31.12.21
								6
	Deposit account interest						116	26
4.	INCOME	FROM CHARITABLE ACTIVITIES
						31.12.22		31.12.21
				Activity
				Divine
								33,985
	Grants received, included		in the	above, are as follows:
						31.12.22		31.12.21
								6
5.	CHARITABLE ACTIVITIES			COSTS
						Support
					Direct	costs	(see
					Costs	note	6)	Totals
								6
	Divine
					456,629	56,308		512,937
6.	SUPPORT	COSTS
						Governance
				Management	Finance	costs		Totals
						8
	Divine
				15,092	792	40,424		56,308
7.	NKT INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated atter charging/(crediting):
						31.12.22		31.12.21
	Depreciation	-owned assets				6,348		8,464

COMPAR	ATIVES F	ORTHE STATEMENT OF FINANCIAL ACT	IVITIES
			Unrestricted
			fund
INCOME	AND ENDOWMENTS FROM
Donations	and legacies		478,003
Charitable	activities
Divine
			33,985
Investment	income
Total			512,014
EXPENDITURE ON
Charitable	activities
Divine
			406,434
Other			23,837
Total			430,271
NET INCOME			81,743
RECONCILIATION		OF FUNDS
Total funds	brought forward		2,708,538
TOTAL FUNDS CARRIED FORWARD			2,790,281

TANGIBLE FIXEDASSETS
			Fixtures
	Freehold	Plant and	slid	Computer
	properly	machinery	fittings	equipment	Totals
				8
COST
At I January 2022	1,850,071	82,527	46,043	11,377	1,990,018
Additions	512,083				512,083
At 31December 2022	2,362,154	82,527	46,043	11,377	2,502,101
DEPRECIATION
At 1 January 2022		75,848	33,666	5,042	114,556
Charge for year		1,670	3,094	1,584	6,348
At 31December 2022		77,518	36,760	6,626	120,904
NET BOOKVALUE
At 31December 2022	2,362,154	5,009	9,283	4,751	2,381,197
At 31December 2021	1,850,071	6,679	12,377	6,335	1,875,462
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.12.22	31.12.21
Other debtors					1,785
Prepayments and accrued income				12,000	12,000
Prepayments- GAS Deposit				8,000	8,000
				20,000	21,785
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				31.12.22	31.12.21
Other loans (see note 15)				39,614	39,614
Trade creditors				(I)
Social security and other taxes				606	1,396
Pension Fund				168	137
Other creditors				8,732	4,137
Salary Payable				14,439	742
Accrued expenses					2,000
				63,558	48,026

14.	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE	FALLING DUE AFTER MORE	THAN ONE YEAR
						31.12.22	31.12.21
						8
	Other loans (see note 15)					400,000
15.	LOANS
	An analysis ofthe maturity ofloans is given below:
						31.12.22	31.12.21
	Amounts falling due within one year on demand:
	Other loans					39,614	39,614
	Amounts falling due between		two and five years:
	Other loans -	2-5years				400,000
16.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.1.22	in funds	31.12.22
	Unrestricted	funds
	General fund				2,790,281	(8,289)	2,781,992
	TOTALFUNDS				2,790,281	(8,289)	2,781,992
	Net movement	in funds, included		in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
	Unrestricted	funds
	General fund				520,565	(528,854)	(8,289)
	TOTAL FUNDS				520,565	(528,854)	(8,289)
	Comparatives	for movement	in	funds
						Net
						movement	At
					At 1.1.21	in funds	31.12.21
						8
	Unrestricted	funds
	General fund				2,708,538	81,743	2,790,281
	TOTAL FUNDS				2,708,538	81,743	2,790,281

Detailed Statement ofFinancial Activities	Detailed Statement ofFinancial Activities
for the Year Ended	31December 2022
		31.12.22	31.12.21
INCOME AND ENDOWMENTS
Donations and legacies
Donations		520,449	478,003
Investment income
Deposit account interest		116	26
Charitable activities
Grants			33,985
Total incoming resources		520,565	512,014
EXPENDITURE
Charitable activities
Wages		91,582	55,380
Pensions		385	293
Rates and water		11,746	(11,314)
Insurance		39,394	23,269
Light and heat		92,740	50,685
Motor &Travelling	Expenses	31,394	18,766
Charitable Expenses		39,258	55,302
Property Repairs &	Maintenance	139,472	187,540
Subscriptions		10,658	6,474
		456,629	386,395
Other
General 06ice Costs		11,565	14,929
Telecommunications		3,226	2,482
Sundry Expenses			1,385
Waste Disposal		1,126	5,041
		15,917	23,837
Support costs
Management
Advertising		857
Computer Running	Costs	14,235
		15,092
Finance
Bank charges		792	389
Governance costs
Professional Fees		34,076	7,200
Legal fees			3,678
Carried forward		34,076	10,878

Detailed Statement ofFinancial Activities
for the Year Ended 31December 2022
	31.12.22	31.12.21
	f
Governance costs
Brought forward	34,076	10,878
Website Charges		308
Plant and machinery	1,670	2,226
Fixtures and fittings	3,094	4,126
Computer equipment	1,584	2,112
	40,424	19,650
Total resources expended	528,854	430,271
Net (expenditure)/income	(8,289)	81,743