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|Report to the Trustees||||
|---|---|---|---|
|Report ofthe Independent
Auditors|||7-8|
|Statement of Financial|Activities|||
|Balance Sheet|||10|
|Cash Flow Statement||||
|Notes to the Financial|Statements||12-20|
|Detailed Statement
of|Financial|Activities|21-22|
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|||||2023|2023|2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|Funds|Funds|Funds|Funds|
||||||f:|||
|Income and endowments||from||||||
|Donations
and legacies||||36,091||36,091|46,691|
|Other trading
activities
Other income||||2,431,353
10,204||2,431,353
10,204|2,611,974
8,474|
|Total||||2,477,648||2,477,648|2,667,139|
|Expenditure
on||||||||
|Raising funds||||1,492,813||1,492,813|1,503,245|
|Charitable
activities||||||||
|Charitable
activity||||467,669||467,669|737,575|
|Total||||1,960,482||1,960,482|2,240,820|
|Net income||||517,166||517,166|426,319|
|Transfers
between funds|||13|||||
|Net movement
in|funds|||517,166||517,166|426,319|
|Reconciliation
of|funds|||||||
|Total funds brought|forward|||2,478,013||2,478,013|2,051,694|
|Total funds carried|forward|||2,995,179||2,995,179|2,478,013|
##
|||Forces Support Limited|||
|---|---|---|---|---|
|||Balance Sheet|||
|||as at31stMarch 2023|||
||||2023|2022|
||||Total|Total|
|||Notes|Funds|Funds|
|Fixed assets|||f.||
|Tangible assets|||348,269|354,818|
|Current assets|||||
|Debtors
Cash at bank and in hand
Cash at bank for future funds|||69,094
793,440
1,888,848|64,284
425,554
1,879,049|
|Creditors|||2,751,382|2,368,887|
|Amounts
falling due within one year||12|(104,472)|(245,692)|
|Net current|assets||2,646,910|2,123,195|
|Total assets|less current liabilities||2„995,179|2,478,013|
|Net assets|||2,995,179|2,478,013|
|Funds|||||
|Unrestricted|funds||2,995,179|2,478,013|
|Total funds|||2,995,179|2,478,013|
##
||||Notes|||2023|2022f|
|---|---|---|---|---|---|---|---|
|Cash flows from operating|activities|||||||
|Cash generated
from operations|||17|||377,685|384,994|
|Net cash provided
by operating
activities||||||377,685|384,994|
|Cash flows from investing|activities|||||||
|Purchase
oftangible
fixed assets
Sale oftangible
fixed assets|||||||(366,251)
23,200|
|Net cash provided
by/(used|in) investing|activities|||||(343,051)|
|Change
in cash and cash|equivalents|in the reporting||period||377,685|41,943|
|Cash and cash equivalents|at the beginning||ofthe reporting||period|2,304,603|2,262,660|
|Cash and cash equivalents|at the end|ofthe reporting||period||2,682,288|2,304,603|
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||||2023|2022|
|---|---|---|---|---|
||||E||
|Donations|||36,091|46,691|
||||36,091|46,691|
|Other trading||activities|||
||||2023|2022|
||||F|F|
|Shops —sale||ofdonated goods|2,431,353|2,441,500|
|Government|grants|||170,474|
||||2,431,353|2,611,974|
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|4.|Raising funds|Raising funds||||
|---|---|---|---|---|---|
||Other trading
activities|||||
|||||2023|2022|
|||||F||
||Staff costs|||862,428|842,489|
||Rent, rates and water|||192,584|133,506|
||Light and heat|||99,356|145,728|
||Repairs and maintenance|||5,816|25,727|
||Insurance|||12,985|13,486|
||Other establishment|costs||69,827|52,205|
||Motor expenses|||16,720|13,242|
||Travel and subsistence|||26,109|15,698|
||Telephone
and internet|||4,855|4,061|
||Sundry expenses|||||
||Collection ofdonated|goods||175,934|233,785|
||Credit card charges|||26,199|23,318|
|||||1,492,813|1,503,245|
|5.|Charitable
activities|costs||||
|||||Support||
||||Direct|costs (see||
||||Costsf|note 6)|Totals|
||Charitable
activity||266,885|200,784|467,669|
|Support|costs||||
|---|---|---|---|---|
||||Governance||
|||Management|costs|Totals|
||||E|F|
|Charitable|activity|196,284|4,500|200,784|
##
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|||2023|2022|
|---|---|---|---|
|||E|F|
|Auditor's|remuneration|4,500|4,300|
|Depreciation —owned assets||13,527|12,023|
|Surplus|on disposal offixed assets|(6,978)|(13,227)|
##
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|Staff|costs|||
|---|---|---|---|
|||2023|2022|
|Wages|and salaries|947,582|918,291|
|Social|security costs|59,565|49,240|
|Other|pension costs|34,387|54,301|
|||1,041,534|1,021,832|
|The averag|e|monthly
number
ofemployees
during the|year was as follows:||
|---|---|---|---|---|
||||2023|2022|
|Charitable|projects||1|1|
|Shops and||fundraising|54|55|
|Management||and administration|9|9|
||||64|65|
##
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|10.|Tangible fixed ass|ets||||
|---|---|---|---|---|---|
|||Land and|Office|Motor||
|||buildingsf|equipmentf|vehiclesf|Totalf|
||Cost|||||
||At 1st April 2022|315,000|3,154|76,150|394,304|
||Additions|||||
||Disposal|||(24,900)|(24,900)|
||At 31st March 2023|315,000|3,154|51,250|369,404|
||Depreciation|||||
||At 1st April 2022||1,801|37,685|39,486|
||Disposal|||(31,878)|(31,878)|
||Charge for year||714|12,813|13,527|
||At 31st March 2023||2,515|18,620|21,135|
||Net book value|||||
||At 31st March 2023|315,000|639|32,630|348,269|
||At 31st March 2022|315,000|1,353|38,465|354,818|
|11.|Debtors: amounts|falling due within one year||||
|||||2023f|2022f|
||Other debtors|||35,459|36,570|
||VAT|||13,687|17,937|
||P repayments|||19,948|9,777|
|||||69,094|64,284|
|12.|Creditors: amounts|falling due within one year||||
|||||2023f|2022f|
||Trade creditors|||78,662|214,880|
||Social security and other taxes|||||
||Pensions|||4,448|4,165|
||Accruals|||21,362|26,647|
|||||104,472|245,692|
##
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|Ther|e were|no res|tricted
funds|in 2023.|||||
|---|---|---|---|---|---|---|---|---|
|||||At 1st||||At 31st|
|||||April|Income|Expenditure|Transfers|March|
|||||2021||||2022|
|||||F|||F|E|
|The|National|Lottery repairs|||||||
|and|maintenance||fund||10,000|(33,524)|23,524||
##
|Minimum
lease payments
under non-cancellable
ope|rating
leases fall due as follows:||
|---|---|---|
||2023|2022|
|Within one year|114,750|68,066|
|Between one and five years|277,417|190,420|
||392,167|258,486|
##
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|Reconciliation
of n||et income|to net cash flow from|operating
activiti|es||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Net income for the||reporting|period (as per the||||
|Statement of Financial Activities)|||||517,166|426,319|
|Adjustments
for:|||||||
|Depreciation
charges|||||13,527|12,023|
|Profit on disposal of|fixed assets||||(6,978)|(13,227)|
|Write back of tangible||fixed assets|||||
|Decrease
in stocks|||||||
|(Increase)/decrease||in debtors|||(4,810)|8,886|
|Increase/(decrease)||in creditors|||(141,220)|(49,007)|
|Net cash provided|by operations||||377,685|384,994|
|Analysis ofchanges||in net funds|||||
|||||At 1/4/22
F|Cash flow
f|At 31/3/23
E|
|Net cash|||||||
|Cash at bank and
in|hand|||2,304,603|377,685|2,682,288|
|||||2,304,603|377,685|2,682,288|
|Total||||2,304,603|377,685|2,682,288|
##
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||||2022|2022|2022|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||Fund|Fund|Fund|
||||f.||E|
|Income and endowments||from||||
|Donations
and legacies|||36,691|10,000|46,691|
|Other trading
activities|||2,611,974||2,611,974|
|Other income|||8,474||8,474|
|Total|||2,657,139|10,000|2,667,139|
|Expenditure
on||||||
|Raising funds|||1,503,245||1,503,245|
|Charitable
activities||||||
|Charitable
activity|||704,051|33,524|737,575|
|Total|||2,207,296|33,524|2,240,820|
|Net income|||449,843|(23,524)|426,319|
|Transfers
between funds|||(23,524)|23,524||
|Net movement
in|funds||426,319||426,319|
|Reconciliation
of|funds|||||
|Total funds brought|forward||2,051,694||2,051,694|
|Total funds carried|forward||2,478,013||2,478,013|
##
||||Detailed Statement of
for the year ended|Financial Activities
31stMarch 2023||
|---|---|---|---|---|---|
|||||2023|2022|
|Income and endowment||||||
|Donations
and legacies||||||
|Donations||||36,091|46,691|
|Other trading
activities||||36,091|46,691|
|Shops —sale ofdonated|||goods|2,431,353|2,441,500|
|Government
grants|||||170,474|
|Other income||||2,430,971|2,611,974|
|Other income||||10,204|8,474|
|Total incoming
resources||||2,477,648|2,667,139|
|Expenditure||||||
|Wages and salaries||||804,612|777,556|
|Employers'
national
Pensions|insurance|||42,593
15,223|34,378
30,555|
|Rent, rates and water||||192,584|133,506|
|Light and heat||||99,356|145,728|
|Repairs and maintenance||||5,816|25,727|
|Insurance||||12,985|13,486|
|Other establishment|costs|||69,827|52,205|
|Motor expenses||||16,720|13,242|
|Travel and subsistence||||26,109|15,698|
|Telephone
and internet||||4,855|4,061|
|Sundry expenses||||||
|Collection ofdonated|goods|||175,934|233,785|
|Credit card charges||||26,199|23,318|
|||||1,492,813|1,503,245|
|Charitable
activities||||||
|Wages and salaries||||62,125|62,912|
|Employers'
national
Pension|insurance|||8,101
15,371|7,828
19,635|
|Materials
purchased|||||787|
|Legal and professional||fees||465|646|
|Project related purchases||||180,823|435,530|
|||||266,885|527,338|
##
|||Detailed|Statement of Financial A
for the year ended 31st|ctivities (continued)
March 2023||
|---|---|---|---|---|---|
|||||2023|2022|
||||||F|
|Support costs||||||
|Wages and salaries||||80,845|77,823|
|Employers'
national
insurance||||8,871|7,034|
|Pension||||3,793|4,111|
|Rent, rates and water||||3,917|7,859|
|Light and heat||||2,594|633|
|Insurance||||3,152|2,110|
|Motor expenses||||3,021|3,579|
|Repairs and maintenance||||6,235|39,905|
|Travel and subsistence||||831|2,426|
|Legal and professional|fees|||24,709|20,161|
|Telephone
and internet||||19,677|17,768|
|Sundry expenses||||4,170|3,707|
|Bank charges||||7,762|7,647|
|Printing,
post and stationery||||696|878|
|Recruitment
and training||||6,666|4,087|
|Computer
and website|expenses|||2,544|2,443|
|Staff welfare||||2,083|300|
|Tangible fixed asset written||off/(written|back)|||
|Credit card charges||||8,169|4,670|
|Depreciation
oftangible|and|heritage|assets|13,527|12,023|
|Profit on sale oftangible|fixed assets|||(6,978)|(13,227)|
|Governance costs||||196,284|205,937|
|Auditor's
remuneration||||4,500|4,300|
|Total resources expenses||||1,960,482|2,240,820|
|Net income||||517,166|426,319|