| Unrestricted | Restricted | Total | Unrestricted | Restdicted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | funds | funds | 2021 | |||
| Notes | E | E | E | E | E | E | ||
| Income from: | ||||||||
| Donations | 1,167 | 16,959 | 18,126 | 9,187 | 9,187 | |||
| Chaditable activities |
3 | 305,959 | 72,668 | 378,627 | 296,401 | 126,418 | 422,819 | |
| Other trading activities | 4 | 3,945 | 3,945 | |||||
| Investments —bank interest |
292 | 292 | ||||||
| Total income | 307,418 | 89,627 | 397,045 | 309,544 | 126,418 | 435,962 | ||
| Expenditure on: |
||||||||
| Charitable activities |
5 | 309,533 | 82,330 | 391,863 | 174,779 | 169,206 | 343,985 | |
| 309,533 | ~30 | 391,863 | 174,779 | 169,206 | 343,985 | |||
| Net income/(expenditure) | (2,115) | 7,297 | 5,182 | 134,765 | (42,788) | 91,977 | ||
| Transfers between | funds | 14 | 1,523 | (1,523) | 25,242 | (25,242) | ||
| Net movement in |
funds | (592) | 5,774 | 5,182 | 160,007 | (68,030) | 91,977 | |
| Total funds brought forward | 226,577 | 40,430 | 267,007 | 66,570 | 108,460 | 175,030 | ||
| 2 ff d |
df | A | l26686 | 48284 | 272 288 | 226577 | 48426 | 267667 |
| Element Society | |||||
|---|---|---|---|---|---|
| Balance Sheet | |||||
| As at31December | 2022 | ||||
| Total | Tots I | ||||
| Notes | 2022 | 2021 | |||
| E | E | ||||
| Fixed assets | |||||
| Tangible assets | 8 | 3,931 | 5,241 | ||
| Investments | 9 | 100 | |||
| 4,031 | 5,241 | ||||
| Current assets | |||||
| Debtors | 10 | 104,379 | 46,869 | ||
| Cash at bank and in | hand | 182,174 | 238,591 | ||
| Tolal current assets | 286,553 | 285,460 | |||
| Creditors: amounts | falling due within one year | 11 | (16,832) | (20,256) | |
| Net current assets | 269,721 | 265,204 | |||
| Total asseis less current liabilities | 273,752 | 270,445 | |||
| Creditors: amounts | falling due after more than one year | 12 | (1,563) | (3,438) | |
| Total net assets | ~27 leS | 267007 | |||
| Represented by: |
|||||
| Funds ofthe Chadrty | |||||
| General funds | 225,985 | 226,577 | |||
| Designated funds |
|||||
| Total unrestdcted | income funds | 13 | 225,985 | 226,577 | |
| Restdcted income | funds | 14 | 46,204 | 40,430 | |
| 15 | 272,189 | 267,007 |
| Accaunfing polides | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| General | ||||||||||
| Bement Sooety isa chantable company in the Umted Nrddom limited by guarantee In the event that the *arity iswound up, the gab(fly in respect efthe guarantee is limited to Elfi per member ofthe chariity. The address of the iradumed offim is given in the charity infonnagon on FNN 1ofthese finandal stammontn The financial statements have been prepared m accordanm with the Statement ofRecommended Freebee: AocountiaG and Repordng by ChariTies prepanng their acmunls in auwrdanm the Finandal Reperdrd Standard applicable in the UK and Republic of ireland (FRS102)(second edition), the Finandal lieporting fin anda |
||||||||||
| Standard applicable in the United Iongdom and Repubhe of Ireland (FRS102)and with the Charities Act |
2011. Ihe finandal statements | have taken | advantage | |||||||
| ofthe exemption toprepare aStatement ofCash Rows. | ||||||||||
| Element Sooety meets the definition ofa public benefit enmy under FRs 102. The finandal smiamanm | are prepared | under the histonml | mst convernion. | The | ||||||
| sunements are presented in sterling which isthe fundion el co men cy ofIhe charity and are rounded tothe nearest E. |
||||||||||
| Ginnlp nccaullfirlg | ||||||||||
| The charity istaldng ewmpdon ofthe requirement to prepare gnmp accounts on the basis that the group issmall and |
isnot an efigible group. | |||||||||
| c | Irulnrw | |||||||||
| Inmme is recognised when the charity has entitlement to the funds, any performanoe mndifions attached to Ihe |
item(s) of income have | been | met. | It is | ||||||
| probable that the income will be recehed md the amount can be measured reliably. |
||||||||||
| Inmme from government and laker grants, whether 'capital' grmts or 'revenue' grants, is recognised |
when the charity has entnlement | to | the | funds, | any | |||||
| perfarmance mndibons attached toIhe grants have been met, it is prabable Ihat the inmme will be received and the amount can be measured |
reliably and is | |||||||||
| net deferred. | ||||||||||
| Cash donations are recognised on receipt Ifiher donations are remgnised ance the charby has been notified ofthe |
donarion, unhss performance |
mndltions | ||||||||
| require deferral ofthe amount. Income tax remverable in relagon to dcuatums received under Gilt Aid |
or deeds ofcavenant is recognised at |
the | ume ofthe | |||||||
| donation. | ||||||||||
| Oaanled selwcas elld feufifies | ||||||||||
| Oonated professional services and donmed facilities are remgnised as inmme when the chariity has cantrol over the |
item, any omditions | assedated | with | Ihe | ||||||
| danated item have been met. the receipt ofeumomic benefit from the use by the charity ofthe item is | probable and | that emnomic benefit |
om be | measured | ||||||
| reliably. In accordance with the Challfies SORP (FRS102), general valunteer time is not recognised. | ||||||||||
| On receipt, donated professional senaces and donated fadlnies are remgnised an the basis ofthe value ofthe gift to the charity which 5 the amount |
the | |||||||||
| *arity would have been willing to pay to ebtain services or faolities of equivalent economic benefit on the open |
market; a correspondimg | amount is then |
||||||||
| remgmsed in expend'nure in the period afrecept. |
||||||||||
| e | GGendfium and RmcmmmhN VAT |
|||||||||
| Orpendrmre isrempdsed once there is a legal or construdive obligation to mate a payment toa third party, it is probable that setdement |
will be required | and | ||||||||
| the amount ofthe oblipnion can be measured reliably. |
||||||||||
| AR expenditure is accounted for on an acuuals basis, induding irrecoverable VAT, and has been listed |
under headings that aggregate | afi | the | mats | related to | |||||
| drm adnrdv. | ||||||||||
| Orrect costs, indudrng directly attnhutable satanas, are alkuated an an actual bam to the key strategic areas af acrnaty. Overheads |
md | other | satanas | are | ||||||
| allocated between expense headings on the basis efthe time spent. | ||||||||||
| Govemanc» mats are those in mnnedien with the management ofthe chariity, organisaRonal admrnistrauon and |
mmpliance with |
Ihe mnstituiional | and | |||||||
| tatutory requirements. | ||||||||||
| Where cmm cannot be directly attributed they have been allocated to adndties on abasis mnsistent with the use ofthe resources. |
||||||||||
| Tany'ble Fwed «wale | ||||||||||
| Individual fixed assets msgng ES00or more are capitafised atcast and are depredated over their esgmated useful emnomic lives on astraight |
Rne basis as | |||||||||
| Fbaures, fntings &equipment 2IW sualght Rna |
||||||||||
| Computers 33.3%straight gne |
||||||||||
| The gain or loss arising on the disposal of an asset is determined as the difference between the sale |
pnueeds and the carrying value |
ofdw asset, and is | ||||||||
| reragnised in net income/(mpenditure) forthe year. |
||||||||||
| Investmenls | ||||||||||
| Investment in asubsidiary company isRSMatcast less auumulated impairment losses. |
||||||||||
| Oebbus | ||||||||||
| Trade and other debtms are remgnised atthe setdement amount due afier any trade dismunt offered. |
Frepayments | are valued atthe | «nount | prepaid net of | ||||||
| my trade dismunts due. |
||||||||||
| Cash and cash equivdnnls | ||||||||||
| Cash and cash equivalents mmprise cash on hand and call daponbs and othor short-tenn highly INuid investments |
that are readily mmertlble | to a known | ||||||||
| wnount ofcash and are sub)cato an insignificant rbk ofcharqp in value. |
| bcunle fll¹l dcnbcblc | cclllu | es | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unesutdad | Resuiriwd | Total | Unrestricted | Restricted | Total | |||||||||||
| Funds | Fumh | 2022 | Funds | Funds | 2021 | |||||||||||
| E | E | E | E | f | E | |||||||||||
| Contraris and fees | Natienal | Cldzens Sendca | nc,yn | 224,772 | ||||||||||||
| Gmtrads and fees |
Other contracts | 81,187 | ||||||||||||||
| Amdd Garke | Fun day | 1,00D | LIEN | |||||||||||||
| BBCChildren in Need |
Ufe Hedl | 10BOO | 9,958 | 9.958 | ||||||||||||
| Coop Community Fund |
Blue Dat | - | MH Workshops | 2,895 | 2/NS | |||||||||||
| South Yorkshire Poliny and Crime |
Commissioner | Estrual | 9,005 | 9POS | 9,005 | 9/EN | ||||||||||
| Sheflield Cily Coundl |
Corid Memmial | Fmd | 1,988 | L988 | ||||||||||||
| SheNdd City Coundl |
VCSrecovery fund | IOAIOO | ||||||||||||||
| Slfpten Charimble Feundetion |
Shpton room | 2,545 | 2ACS | |||||||||||||
| Sodal Enterprise Exchange |
Make Dough | 4,999 | 4+99 | |||||||||||||
| Sodal Invesunent Business |
Make Dough | 15,329 | 15329 | 14,671 | 14,671 | |||||||||||
| Tramlines Trust | Tramlines | Parly | LOXI | 1/RN | ||||||||||||
| lhe Hedley Foundeuon | Outdoor | days | 3,408 | 3,408 | ||||||||||||
| lhe Natienal lettery Cemmunity | Fund | Jubilee fun | day | 9,999 | Sdpp | |||||||||||
| Oepariment for Digital. Culture, Media and Sport |
Core costs | M.ny | IJC727 | |||||||||||||
| Aviva (Crowdfunder) | Fmeronmental | work | 4,800 | 4+00 | ||||||||||||
| Bettys and Taylnrs Fwnily | Fuml (administered | by | ||||||||||||||
| Two Ridings Cammunity | Foundadon) | Grays olde | 4,0RI | 4/NO | ||||||||||||
| Coup Foundation | Core costs | 9,955 | 9.955 | |||||||||||||
| SheNrid City «oundl |
Dragon S | Deh 2021 | LTJS | 1.775 | ||||||||||||
| lhe Julia and Hans Reusing Trust | Youth Centre Remvery Fund | 27,618 | 27.618 | |||||||||||||
| MRG Cammmrlty Fund |
life Hack | 1,800 | LNN | |||||||||||||
| Aviva Community Fund |
Ufe Heck | L992 | ||||||||||||||
| South Yorkshire tgolente | lieduction | Unit | Gelvenlse | Yuluh | 5,809 | SANS | ||||||||||
| South Yorkshire Policy md Crime | Commissioner | Gangs Researdl | 9/NS | 9/NS | ||||||||||||
| South Ymkshire's Community |
Foundation | Red Ught | 2 | 4,400 | 4,GN | |||||||||||
| Sail Assedetmn | Ceok6share | 150 | 150 | |||||||||||||
| Groundworks South Yorhhire |
Teem Podcast | 1,000 | VNO | |||||||||||||
| Ghnmuhby | Chord Respolue | |||||||||||||||
| SheRield Gty Coundl | Grant - rmnd 2 | 4,900 | 4.900 | |||||||||||||
| Community | Cavid Response | |||||||||||||||
| Sheflield Gty Coundl | 6rant - round 3 | 14,700 | 14.700 | |||||||||||||
| 4 | lmame fnm other trading actbdies | Unreslrided | ~ided | Tabd | Unrestricted | Restncted | Total | |||||||||
| Fmlds | lands | Funds | Funds | 2021 | ||||||||||||
| E | f | E | f | f | E | |||||||||||
| teuing and hcensing mardements | 2/GB | |||||||||||||||
| Other trading inmme | 1.117 | 1.117 | ||||||||||||||
| ~35 | 3945 | |||||||||||||||
| 5 | ExpendBlne lm clmrtmMC arihdties | |||||||||||||||
| Unreslrided | ludthted | Trial | Unrestrided | Restridad | Total | |||||||||||
| Funds | tbmds | 1022 | Funds | Funds | 2021 | |||||||||||
| E | E | E | E | E | E | |||||||||||
| Direr adbcty costs | 38,543 | 7,543 | 46,086 | SL827 | 11,152 | 22+79 | ||||||||||
| SMGsalary mats | 226,19S | 53,956 | 280,151 | 14L281 | 143,119 | 787rioo | ||||||||||
| Other staff oats | 10/I73 | 2,923 | 13,796 | 3,943 | 1,198 | 5,141 | ||||||||||
| Accomodetien | 7.999 | 11,940 | ISn) | 143 | (429) | |||||||||||
| Professional fees | 4A37 | 10,677 | 15,114 | 370 | 500 | 870 | ||||||||||
| communications 6IT | 781 | 1,256 | 1.156 | |||||||||||||
| Insurance | 1,376 | LCSS | 216 | 2/NS | ||||||||||||
| Markehng Ik publiuly |
1,118 | 3,248 | 6,116 | |||||||||||||
| Depreaatian | 1,310 | 1,310 | 1,310 | L310 | ||||||||||||
| Gmnts/donaOons out to |
ether | orgsnisations | 2,036 | 2,0M | ||||||||||||
| Bank charges | L278 | 1,278 | 654 | 654 | ||||||||||||
| Admmistration | 12,68S | 7,791 | 7,251 | 15,042 | ||||||||||||
| Ihdcpclldcht lcumuwuoh |
1,740 | 1,7N | 555 | 1,155 | 1,710 | |||||||||||
| SOLN3 | BLSSO | 39LBM | ~174779 | 169206 | 343 985 |
| Tarbihle Fwed ass | ets | ||
|---|---|---|---|
| Flsblnn, | |||
| limngs and | |||
| equipment | Terai | ||
| E | E | ||
| CastelVaIUUNIUI | |||
| Asat1January 2022 | |||
| Addrifons | |||
| Oisposals | |||
| Asat31December | 2072 | ||
| Deplodathnl | |||
| Asat1January 2022 | |||
| Charge this period | |||
| Oisposals Asmgtbomub |
r2022 | ~1 | 112HZ |
| Net fiook Value | |||
| Aset31Dace alber 2022 | |||
| Asat31Oeusmher | 2021 |
| 11 | Cmdtasw ammans faging |
due wnhin one year | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2012 | 2021 | |||||||||
| E | E | |||||||||
| Trade creditors | 788 | 588 | ||||||||
| Amuals | 6/8P | 7,532 | ||||||||
| Other »editors | 4APS | 5,655 | ||||||||
| Other loans | L875 | 1,875 | ||||||||
| 12 | Iheditam amounts gaging |
due alter move than ewe year | ||||||||
| 1022 | 2021 | |||||||||
| E | E | |||||||||
| Other loans | 1063 | 3,438 | ||||||||
| Other loans we repayable | asfagows: | |||||||||
| ttgdun one ymr | L875 | 12PS | ||||||||
| Between one totwo years | L5fD | 1205 | ||||||||
| Between two tofive yean | L563 | |||||||||
| Over five ymrs | ||||||||||
| Other leans are unsecured | and have a niPA rate ofinterest. | |||||||||
| 13 | Unnnuicted funds |
|||||||||
| There were no designated | funds during the year - unrestricted | funds are also general funds. | ||||||||
| gnwgbt | Corned | |||||||||
| fbrwanl | Inceme | fspendgme | Tmnsfers | jonwml | ||||||
| E | E | E | E | E | ||||||
| Designated fimds | ||||||||||
| 0CBActiviily pmgmnvm | 12,441 | 205,097 | (gg552J | (12?AS?f | ||||||
| Deportment for Digital, Ddtrue, Medio and Dun» Care | mats | 28727 | (18727( | |||||||
| Total dssignaled fimds | 1?,441 | 2218?4 | (108,?78J | (227,087( | ||||||
| densmifimdr | SS,120 | Bfr720 | (66501( | 153,223 | 2?EST/ | |||||
| 75,011 | 533360 | ~05 | ~IIV,?45 | 2?EST/ | ||||||
| lhe trushms ring jenced the HCS Ammly programme |
because the octivm'es spanned dg(creat | finanimf | years. The mntract | ended | in Dn»mber 2021so the | |||||
| fimd bala w» wos troat(orred togeneral firmD. |