OpenCharities

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2023-03-31-accounts

Page
Trustees'
annual
report (incorporating
the director's report)
Independent
examiner's
report to the
trustees 13
Statement
offinancial
activities (including income and
expenditure
account)
15
Statement
offinancial
position 16
Notes to the financial statements 18

2023 2022
Unrestricted Restricted
funds funds Total funds Total funds
Note 6 6
Income and endowments
Donations
and legacies
4,070 4,070 3,245
Charitable
activities
130,776 130,776 164,173
Investment
income
20
Total income 4,070 130,776 134„846 167,438
Expenditure
Expenditure
on charitable
activities 8,9 16,365 153,274 169,639 154,726
Total expenditure 16,365 153,274 169,639 154,726
Net (expenditure)/income and net
movement
in funds
(12,295) (22,498) (34,793) 12,712
Reconciliation
of funds
Total funds brought forward 28,314 110,459 138,773 126,061
Total funds carried forward 16,019 87,961 103,980 138,773

31 March 2023
Note 2023 2022
f
Current assets
Debtors 14 4,814 7,145
Cash at bank and in hand 103,602 136,198
108,416 143,343
Creditors: amounts falling due within one year 15 4,436 4,570
Net current assets 103,980 138,773
Total assets less current liabilities 103,980 138,773
Net assets 103,980 138,773
Funds ofthe charity
Restricted funds 87,961 110,459
Unrestricted
funds
16,019 28,314
Total charity funds 17 103,980 138,773

5. Donation s and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
F 6 6
Donations
Donations 4,070 4,070 3,245 3,245
6. Charitable activities
Restricted Total Funds Restricted Total Funds
Funds 2023 Funds 2022
6 6 6
National Lottery Community Fund 130,776 130,776 164,173 164,173
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
F 6
Bank interest receivable 20 20

Expendi ture
on charitable
activities
by fund
type
Unrestricted Restricted Total Funds
Funds
f
Funds
f
2023
6
Core activities 4,749 4,749
National Lottery 'Building a Better Future' 117,908 117,908
National Lottery 'Covid-19 Support'
Torfaen CBC Core Grant 229 229
Support costs 11,616 35,137 46,753
16,365 153,274 169,639
Unrestricted Restricted Total Funds
Funds Funds 2022
9
Core activities 4,464 4,464
National Lottery 'Building a Better Future' (3) 96,795 96,792
National Lottery 'Covid-19 Support' 5,103 5,103
Torfaen CBC Core Grant 460 460
Supportcosts 6,694 41,213 47,907
11,155 143,571 154,726

Expendi ture
on charitable
activities
by activity typ e
Activities
undertaken Total funds Total fund
directly Support costs 2023 2022
6 6 6
Core activities 4,749 11,616 16,365 11,158
National Lottery 'Building a Better
Future' 117,908 35,137 153,045 133,174
National Lottery 'Covid-1 9Support' 9,934
Torfaen CBC Core Grant 229 229 460
122,886 46,753 169,639 154,726

Analysis ofsupp ort costs
National
Lottery
'Building a
Core activities Better Future'
f
Total 2023
F
Total 2022
Premises 4,831 20,941 25,772 25,028
Communications and IT 5,185
General office 5,311 7,375 12,686 7,320
Finance costs 67 45 112 99
Legal, accounting & professional fees 1,407 6,776 8,183 10,275
11,616 35,137 46,753 47,907

2023 2022
6
4,436 4,570

At
At 31 March 202
1 April 2022 Income Expenditure Transfers 3
E E F
General funds 12,401 4,070 (6,889) 9,582
Designated Fund - office
costs 15,913 (9,476) 6,437
28,314 4,070 (16,365) 16,019
At
At 31 March 202
1 April 2021
f
Income
6
Expenditure Transfers
E
2
6
General funds 20,291 3,265 (11,155) 12,401
Designated Fund - office
costs 15,913 15,913
20,291 3,265 (11,155) 15,913 28,314

Restrict ed funds
At
At 31 March 202
1 April 2022
6
Income
f
Expenditure
5
Transfers
F
3
6
Torfaen CBC Core
Grant 415 (229) 186
National Lottery
Community Fund 110,044 130,776 (153,045) 87,775
National Lottery Covid
Support
110,459 130,776 (153,274) 87,961
At
At 31 March 202
1 April 2021 Income Expenditure Transfers 2
F 6 F
Torfaen CBC Core
Grant 875 (460) 415
National Lottery
Community Fund 79,048 164,173 (133,177) 110,044
National Lottery Covid
Support 25,847 (9,934) (15,913)
105,770 164,173 (143,571) (15,913) 110,459

Analysis ofnet as sets between funds
Unrestricted Restricted Total Funds
Funds Funds 2023
6
Current assets 18,793 89,623 108,416
Creditors less than 1 year (1,633) (2,803) (4,436)
Net assets 17,160 86,820 103,980
Unrestricted Restricted Total Funds
Funds Funds 2022
6 F 6
Current assets 29,887 113,456 143,343
Creditors less than 1 year (1,573) (2,997) (4,570)
Net assets 28,314 110,459 138,773