## **THE SILVERLINING CHARITY CIO**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
**YEAR ENDED 31 AUGUST 2022**
**Charity Registration Number 1157749**
**Azets Audit Services Greytown House 221/227 High Street Orpington Kent BR6 0NZ**
**THE SILVERLINING CHARITY CIO**
**CONTENTS**
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Trustees Report|2|
|Independent Examiner’s Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|9|
|Notes to the Financial Statements|10|
1
**THE SILVERLINING CHARITY CIO**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
|**Trustees**|Dr Sherrie Baehr|
|---|---|
||Miss Kathryn Howard|
||Mrs Suzanne Trask|
||Mr Peter Messervy|
||Mr Ross McDonald|
||Mr John Scorah|
||Mr K Bradshaw|
|**Key Management Personnel**|The Trustees|
|**Independent Examiner**|Azets Audit Services Limited|
||Greytown House|
||221-227 High Street|
||Orpington|
||Kent|
||BR6 0NZ|
|**Principal Address**|16 Upper Woburn Place|
||London|
||WC1H 0AF|
|**Bankers**|NatWest|
||96 Terminus Rd|
||Eastbourne|
||BN21 3LX|
1
## **THE SILVERLINING CHARITY CIO**
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
The trustees present their annual report and financial statements for the year ended 31 August 2022.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
## **Objectives and activities**
The Silverlining Charity activities are centered around our members and their needs/aspirations. We have created the STAR (Structured Therapeutic Activity for Rehabilitation) program. This is a free weekly schedule of online activities, sessions and courses that run term times throughout the year. We also provide direct face to face activities in the community which are low cost accessible to all.
The charity's objective is the relief of brain injured people, their families and carers in the UK by:
- Raising awareness of the needs of brain injured people in the UK
- Organising events and activities for brain injury survivors which contributes to their development, social integration, preventing loneliness and isolation
- Identifying and supporting ways of helping the families and friends impacted by brain injury
Our wider objectives include:
- Connecting those who may not have day to day support or weekly social connections with people who understand the struggles and issues faced by people with brain injury
- Providing free social, therapeutic, educational activities and services online and in person, within the community, building friendships, confidence and purpose
- Continuing our sunshine call service to eliminate loneliness from the covid-19 pandemic, providing a friendly telephone call to ‘check in’ on how Silverliners are feeling
## **Public Benefit**
In setting and reviewing our objectives and aims, and in planning and carrying out our activities, we have due regard to the public benefit guidance published by the Charity Commission.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and Performance**
Covid19 restrictions are lowered by the government and as such we were able to start to think about engaging back in face-to face activities in the Silverlining charity. There was some arranged in person activity within the regional groups such as a picnic and meals outside where possible. Over this time, we had increased in membership applications and client engagement, as well as online activity.
As a result of the activities being moved online, we were able to facilitate more members and reach people who were socially isolated as well as those who were still in the vulnerable category for Covid19. Within this time period we grew our online activities such as Creative writing. Following this, we won bid in January 2022 through a grant application process for Woodlands Book, this was to complete a woodlands book written by the creative writing group. Designed by the Art group and illustrated by the photography group. This was then a multimedia and multi group activity bringing together the members from all regions. This is ongoing in preparation for publishing. Due to the creativity expressed through the online Silverlining activities, ideas began developing towards a children’s book.
Every region was supported to hold an in-person Christmas activity and meal to start to bring everyone together some members had never met face to face and were still isolating due to medical conditions, this was the first time in 2 years due to lockdown.
2
**THE SILVERLINING CHARITY CIO**
**TRUSTEES REPORT (CONTINUED)**
**FOR THE YEAR ENDED 31 AUGUST 2022**
## **Achievements and Performance - continued**
Mile a day in May was a very large fundraiser for all regions to get involved with and walk, wheel or run a mile a day in May for sponsored event to raise much needed funds. We also completed a Dragon boat race, in July 2022 in Kingston. This was as part of a wider rowing group in joint coordination for the Children’s Brain Injury Charity. There was a ‘What Makes your Heart Shine’ art campaign which ran over a few months and allowed the creativity of the clients to express what they were grateful for and what they were interested in. This was a well up taken event with many members completing pictures which was made into an online book with thanks to one of our solicitor affiliates.
We had a new Board Member join us in this time period, John Scorah is a media and communications Trustee and immediately started to make contribution with his knowhow and likeminded views of our media output and reviewing our communications systems. This lead to website updates after a specialist review of what we currently had in place. It was made up to date and caught the charity up with its reflective message and online presence. A member zone was added which is password protected and is easily accessible for members to view the calendar of events on in the charity as well as other resources. We also house our artwork and poems here from many of the art and creative campaigns.
The West Midlands group and Silverlining Charity partnered with Aston University over this time to set up and facilitate our members working with the teaching faculty. This was to facilitate a module within the medical degree courses to provide ‘expert witness’ and bedside manner, which also worked to increase the awareness of brain injury to medical students.
Other Charity partnerships in this period of time reviewed were with Love Rowing and Child Brain Injury Trust.
## _**Several successful funding applications**_
We are incredibly grateful to the beneficiaries listed and others, some of which have supported specific activities or regional projects. The financial backing has enabled the continuation of the charity running as a whole, core costs including employee wages, growth in the charity and business strategy and most importantly enable our client service users to access FREE online and in person rehabilitation, activities, courses and connections.
Hodge Foundation The Fore towards Link Worker Role from Lord St John Simon Gibson Charitable Trust for Music Therapy Postcode Society Trust National Lottery Keith Bradshaw
## **Principal Funding Source**
Principle fundraising sources are through a variation of funding applications to charitable funds, foundations, philanthropists, fundraising bids and grants. This is overseen and managed by Jonathan Smallman Davies our Charity Fundraiser.
Following this we have a dedicated following of supporters and the clients, as well as their families, who often get involved at a local level to complete fundraising tasks and challenges.
We run ‘central’ fundraising activities as well such as:
- Mile a Day in May 22
- Kingston Dragon Boat Race July 22
- Silverlining Skydive (not run this year)
- Silverlining Wing Walk Challenge (not run this year)
These additional fundraisers tend to have good sign up amongst our professional members as they are extreme adventurous personal challenges and tend to bring with it, after the cost of the activity a good profit.
Additionally, we hold an annual Affiliated Solicitor Scheme review and renew. This is where suitable and assessed Solicitor firms complete an application and assessed process to be on a part of our affiliate scheme and hosted on our website. This is monitored by our legal Board member, and we have a professional panel who review the applications and ensure a strict criterion is being followed.
3
**THE SILVERLINING CHARITY CIO**
## **TRUSTEES REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **Financial review**
During the year the charity received income of £145,498 (2021: £114,195). Expenditure totalled £136,391 (£78,588). The surplus for the year is £9,107 (2021: £35,607).
## **Reserve policy**
The Silverlining Charity (“The CIO”) always strives to operate with strong financial management. This ensures we can offer maximal sustainable impact with those funds raised.
One part of this is the generation and maintenance of sufficient reserve funds to secure our continued service provision for such a time as to reasonably fulfil all legal and moral duties to service users, employees, contractors and the Charity Commission should our income unexpectedly decrease. This policy seeks to mitigate those risks associated with our income and expenditure being different from that forecasted.
A formal policy on reserves was agreed at the Spring 2018 meeting of the board of trustees. The CIO will actively seek to generate and maintain financial reserves which ensures that three months of core activities could continue during a period of unforeseen financial difficultly. At least one third of these resources must be maintained in a readily releasable form. The remaining reserves must be available must be available for use with one months’ notice **.** Our aim is to hold unrestricted funds equal to £35,000 to £40,000 (2021 : £35,000 to £40,000).
Our unrestricted funds at 31 August 2022 total £34,820 (2021 : 42,641).
At the year end restricted funds total £16,928 (2021 : nil).
The trustees review the policy on an annual basis.
## **Risk Management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The principal risks facing the charity are:
- Lack of engagement from our clients
- Lack of engagement from our local fundraisers
- Fundraising bids and applications not being fulfilled or being successful.
- Employee’s leaving as a result of not being able to receive a competitive wage due to inconsistent fundraising
## **Going Concern**
There are no concerns from all Broad members and those within the financial teams that the Charity would cease as a going concern. We are all feeling extremely positive about the incredible fundraising efforts of our Fundraising Officer, who has continued to deliver on his goals to meet the outgoing costs of the Charity as well as source funding for specific projects and staff costs. As well as looking for additional funding streams to increase our staff team and have this funded directly and update our website.
## **Future Developments**
Our focus in September 2022 will be to continue to grow the online activities as they are building a great deal of traction within our membership groups. It will also be to work in a new region of Cardiff Wales and Swindon, UK. Both of these groups will start as interest groups and have been requested by the interest in these areas as well as volunteers that we have in the regions.
There will be a continuation of the grants and fundraising bids, plus work to look at sourcing funding for a new role of a Communications and media officer and another rehabilitation coordinator. There will be a focus on building momentum for larger centralised events such as the Wing Walk, and Skydive for next year as well as a look towards our next AGM in November and Christmas planning to engage members in socialisation, togetherness and face to face activity.
4
**THE SILVERLINING CHARITY CIO**
## **TRUSTEES REPORT (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **Structure, Governance and Management**
## **Governing Document**
The charity is registered with the Charity Commission as a Charitable Incorporated Organisation (CIO).
Structurally Dr Sherie Beahr remains the Founder and chair of Trustees giving the charity continuity and direction and Kathryn Howard, charity secretary also remains heavily involved, with them both managing the day to day running of the charity as well as supervisors to the charity administrator.
The trustees who served during the year and up to the date of signature of the financial statements were:
Dr Sherrie Baehr Miss Kathryn Howard Mrs Suzanne Trask Mr Peter Messervy Mr Ross McDonald Mr Andrew Scorah - appointed 22 March 2022 Mr K Bradshaw - appointed 19 August 2022
## **Recruitment and Appointment of New Trustees**
Trustees continue to be recruited on the basis of skills, knowledge and expertise required by the Board of Trustees to fulfil its governance role effectively. Induction and training are tailored according to individual needs.
## **Organisational Structure**
The charity is governed by the Board of Trustees which is elected to oversee the organisation and running of the charity. The Board of Trustees are responsible for approving all policies, meet on a regular basis and oversee the day-to-day management of the Charity.
The trustees report was approved by the Board of Trustees.
## **Miss Kathryn Howard Trustee**
Dated: 29 June 2023
5
## **THE SILVERLINING CHARITY CIO**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 August 2022 which are set out on pages 7 to 15.
## **Respective responsibilities of Trustees and Examiner**
As the Charity’s Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **M A Wilkes (FCA)**
For and on behalf of Azets Audit Services Greytown House, 221/227 High Street Orpington, Kent, BR6 0NZ
29 June 2023
6
**THE SILVERLINING CHARITY CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
|**Notes**
**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**2**
43,991
79,572
Other Income
**3**
21,936
-
___________
___________
**Total income**
65,926
79,572
___________
____________
**Expenditure on:**
Raising funds
**4**
400
-
Charitable activities:
**5**
73,347
62,644
___________
____________
**Total expenditure**
73,747
62,644
___________
____________
**Net movement in funds**
(7,821)
16,928
**Fund balances at 1 September 2021**
42,641
-
___________
____________
**Fund balances at 31 August 2022**
34,820
16,928
|**Total**
**2022**
**£**
123,563
21,936
____________
145,498
____________
400
135,991
____________
136,391
____________
9,107
42,641
____________
51,748|**Total**
**2021**
**Restated**
**£**
85,806
28,389
____________
114,195
____________
-
78,588
____________
78,588
____________
35,607
7,034
____________
42,641
|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities
7
**THE SILVERLINING CHARITY CIO**
## **COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
|**Notes**
**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**2**
85,806
-
Other Income
**3**
28,389
-
___________
___________
**Total income**
114,195
-
___________
____________
**Expenditure on:**
Raising funds
**4**
-
-
Charitable activities:
**5**
78,588
-
___________
____________
**Total expenditure**
78,588
-
___________
____________
**Net incoming/(outgoing)**
**Resources before transfers**
35,607
-
Gross transfers between funds
2,473
(2,473)
___________
____________
**Net movement in funds**
38,080
(2,473)
**Fund balances at 1 September 2020**
4,561
2,473
___________
____________
**Fund balances at 31 August 2021**
42,641
-
|**Total**
**2021**
**Restated**
**£**
85,806
28,389
____________
114,195
____________
-
78,588
____________
78,588
____________
35,607
-
____________
35,607
7,034
____________
42,641|**Total**
**2020**
**£**
28,146
27,969
____________
56,115
____________
18,049
39,587
____________
57,636
____________
(1,521)
-
____________
(1,521)
8,555
____________
7,034
|
|---|---|---|
8
## **THE SILVERLINING CHARITY CIO**
## **BALANCE SHEET**
## **AS AT 31 AUGUST 2022**
||**Note**||**2022**||**2021**||
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**||**£**|
|**Fixed Assets**|||||||
|Tangible assets|**9**||404|||88|
|**Current Assets**|||||||
|Debtors||6,064||635|||
|Cash at bank and in hand|**10**|60,932||52,025|||
|||____________||____________|||
|||66,996||52,660|||
|**Creditors:**amounts falling|||||||
|due within one year|**11**|(15,648)||(10,107)|||
|||____________||____________|||
|**Net Current Assets**|||51,348|||42,553|
||||_____________||_____________||
|**Total assets less current liabilities**|||51,748|||42,641|
||||||||
||||____________||____________||
|**Income funds**|||||||
|Restricted funds|||16,928|||-|
|Unrestricted funds:|||34,820|||42,641|
||||____________||____________||
||||51,748|||42,641|
||||____________||____________||
The financial statements were approved by the Trustees on 29 June 2023
## **Miss Kathryn Howard Trustee**
9
**THE SILVERLINING CHARITY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **1. ACCOUNTING POLICIES**
## **a. Charity information**
The Silverlining Charity CIO is a charity governed by its governing document, a constitution and is a Charitable incorporation Organisation.
The principal office is – 16 Upper Woburn Place, Kings Cross, London WC1H 0AF.
The nature of the charity’s operations and principal activities are set out on page 3.
## **Basis of preparation**
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **b. Income**
All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
Voluntary income including donations and gifts are included in full in the SOFA when receivable.
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Investment income is included when receivable.
## **c. Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
10
**THE SILVERLINING CHARITY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **1. ACCOUNTING POLICIES (continued)**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to a particular heading, they have been allocated to activities on a basis consistent with the use of resources.
Support costs are those costs incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Governance costs are those incurred directly in support of expenditure on the objects of the charity.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
## **d. Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and use of the restricted funds are set out in the notes to the financial statements.
## **e. Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost of valuation, net of depreciation and any impairment losses. All assets costing over £X are capitalised.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Computers 25% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the statement of financial activities.
## **f. Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **g. Debtors and creditors receivable / payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **h. Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months of less.
## **i. Going Concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operation existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **j. Judgements and key sources of estimation uncertainty**
Accounting estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
11
**THE SILVERLINING CHARITY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **1. ACCOUNTING POLICIES (continued)**
The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements:
## _Useful economic lives of tangible assets_
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. See note 8 for the carrying amount of the computer equipment and note 1e for the useful economic lives for each class of assets.
There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
## **k. Taxation**
The charity is exempt from tax on its charitable activities.
## **l. Retirement benefit schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
|**2.**
**Donations and legacies**
Donations
**3.**
**Other income**
Fundraising events
Affiliated Solicitors’ Scheme
**4.**
**Raising funds**
Staging fundraising events|**2022**
**£**
123,563
____________
**2022**
**£**
6,581
15,355
____________
21,936
____________
**2022**
**£**
400
____________
400
|**2021**
**£**
85,806
____________
**2021**
**£**
10,420
17,969
____________
28,389
____________
**2021**
**£**
**Restated**
-
____________
-
|
|---|---|---|
**2021 restated** : Activity costs and staff training have been reanalysed from Raising Funds to Charitable Activities.
12
**THE SILVERLINING CHARITY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
## **5. Charitable activities**
|**Direct and support costs**
Activity costs
Production of educational video
Staff costs
Depreciation and impairment
Rent
Insurance
Telephone
Postage and stationery
Advertising
Sundries
Accountancy and bookkeeping
IT costs
Website costs
Professional services
**Governance costs**
Independent examination
Legal fees|**2022**
**£**
19,093
3,223
75,230
222
5,218
2,199
4,752
732
1,729
5,382
2,273
2,771
3,200
4,819
3,600
1,548
____________
135,991
____________|**2021**
**£**
**restated**
9,706
-
43,952
87
5,746
884
2,672
254
5,701
553
1,565
3,506
-
3,962
-
-
____________
78,588
____________|
|---|---|---|
**2021 restated** : Activity costs and staff training have been reanalysed from Raising Funds to Charitable Activities.
## **6. Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **7.**
|**Employees**
**Number of employees**
The average monthly number of employees during the year was:
Administrative
**Employment costs**
Wages and salaries
Employers national insurance
Other pension costs|**2022**
**£**
3
____________
**2022**
**£**
72,406
1,199
1,625
____________
75,230
|**2021**
**£**
2
____________
**2021**
**£**
43,306
-
646
____________
43,952
|
|---|---|---|
There were no employees whose annual remuneration was £60,000 or more.
The key management personnel comprise of those listed on page 1. The Trustees do not receive remuneration therefore there is no remuneration paid to key management personnel.
During the year £721 was reimbursed to one trustee for travel and other charity related expenses.
13
**THE SILVERLINING CHARITY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
|**8.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 September 2021
Additions
At 31 August 2022
**DEPRECIATION AND IMPAIRMENT**
At 1 September 2021
Depreciation charged in the year
At 31 August 2022
**NET BOOK VALUE**
**At 31 August 2022**
At 31 August 2021
**9.**
**DEBTORS**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income
**10.**
**CREDITORS**
Trade creditors
Accruals and other creditors|**Computers**
**£**
350
538
____________
888
____________
262
222
____________
484
____________
404
____________
88
____________
**2022**
**£**
**2021**
**£**
5,500
-
564
635
____________
____________
6,064
635
____________
____________
**2022**
**£**
**2021**
**£**
1,553
-
14,095
10,107
____________
____________
15,648
10,107
|
|---|---|
14
## **THE SILVERLINING CHARITY CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2022**
|**11.**
**RESTRICTED FUNDS**
**Current year - 2022**
**Balance at**
**01.09.2021**
**£**
Donations - salary costs
-
The Archer Trust – website costs
-
City Bridge Trust
-
Postcode Society Trust
-
The National Lottery – Woodland Book Fund
-
Vintners Company
-
____________
-
____________
**11.**
**RESTRICTED FUNDS**
**Prior Year - 2021**
**Balance at**
**01.09.2020**
**£**
Restricted fund
2,473
____________
2,473
____________
**12**.
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**2022**
**Restricted**
**£**
Fixed assets
-
Current assets
16,928
Current liabilities
-
___________
16,928
___________
**2021**
**Restricted**
**£**
Fixed assets
-
Current assets
-
Current liabilities
-
___________
-
|**Income**
**Expenditure**
**Balance at**
**31.08.2022**
**£**
**£**
**£**
37,000
(37,000)
-
3,000
(3,000)
-
5,000
(5,000)
-
25,000
(17,194)
7,806
9,122
-
9,122
450
(450)
-
____________
____________
____________
79,572
(62,644)
16,928
____________
____________
____________
**Income**
**Expenditure**
**and**
**transfers**
**Balance at**
**31.08.2021**
**£**
**£**
**£**
-
(2,473)
-
____________
____________
____________
-
(2,473)
-
____________
____________
____________
**Unrestricted**
**Total**
**£**
**£**
404
404
50,067
66,995
(15,648)
(15,648)
___________
___________
34,820
51,748
___________
___________
**Unrestricted**
**Total**
**£**
**£**
88
88
52,660
52,660
(10,107)
(10,107)
___________
___________
42,641
42,641
|**Income**
**Expenditure**
**Balance at**
**31.08.2022**
**£**
**£**
**£**
37,000
(37,000)
-
3,000
(3,000)
-
5,000
(5,000)
-
25,000
(17,194)
7,806
9,122
-
9,122
450
(450)
-
____________
____________
____________
79,572
(62,644)
16,928
____________
____________
____________
**Income**
**Expenditure**
**and**
**transfers**
**Balance at**
**31.08.2021**
**£**
**£**
**£**
-
(2,473)
-
____________
____________
____________
-
(2,473)
-
____________
____________
____________
**Unrestricted**
**Total**
**£**
**£**
404
404
50,067
66,995
(15,648)
(15,648)
___________
___________
34,820
51,748
___________
___________
**Unrestricted**
**Total**
**£**
**£**
88
88
52,660
52,660
(10,107)
(10,107)
___________
___________
42,641
42,641
|
|---|---|---|
|||____________
**Total**
**£**
404
66,995
(15,648)
___________
51,748
___________
**Total**
**£**
88
52,660
(10,107)
___________
42,641
|
## **13. RELATED PARTY TRANSACTIONS**
Suzanne Trask, a trustee, is a partner a Bolt Burden and Kemp, which provided income of £2,750 through the Affiliated Solicitor Scheme.
15