2022-06-30-accounts

REGISTERED COMPANY NUMBER: 09080083 (England and Wales)
REGISTERED CHARITY NUMBER: 1158524

Report of the Trustees and

Financial Statements for the Year Ended 30 June 2022

for

Commsortia Limited

Harris & Co (Accountants) Ltd, Statutory Auditor
2 Pavilion Court
600 Pavilion Drive
Northampton
NN4 7SL

Commsortia Limited

Contents of the Financial Statements
for the Year Ended 30 June 2022

	Page
Report of the Trustees	1 to 4
Report of the Independent Auditors	5 to 8
Statement of Financial Activities	9
Balance Sheet	10
Cash Flow Statement	11
Notes to the Cash Flow Statement	12
Notes to the Financial Statements	13 to 18
Detailed Statement of Financial Activities	19 to 20

Commsortia Limited

Report of the Trustees
for the Year Ended 30 June 2022

Governance, Structure and Management

The trustees,being the directorsof the charitablecompany,presenttheir reportand financialstatementsfor the year
ending 30 June 2022.

Governing Document

The charityis a charitablecompanylimitedby guaranteeand was incorporatedon 10 June 2014. It is governedby the
Memorandum and Articles of Association.

Recruitment and Appointment of Trustees

TheDirectorsofthecompanyarealsocharityTrusteesforthepurposeofcharitylaw.Theyarealsoknown as
members of the Board and are appointed at the Annual General Meeting.

The Memorandum & Articles of Association provided for a minimum of 7 Directors and a maximum number of 12.

On4May2021thecompanypassedanordinaryresolutionreducingtheminimumnumberofTrusteesto5. Other
provisions in the Articles of Association concerning the appointment of Trustees are unchanged.

Trustee Induction and Training

TheBoardofTrusteesactivelyseekstorecruitnewTrusteesfromthecommunity,andonappointmentnew trustees
receive a formalinductionprocesscoveringthe role and responsibilitiesof Trustees.Appropriatetrainingis offered to
all Trustees on a regular basis.

Vision Statement

To createa societyin whichall peoplehave goodhealthy,qualitylives throughlivingin positivesocial,economic, and
environmentalcircumstances,throughtheprovisionof high-quality,responsive,generalistandspecialistservices and
facilities.

Risk Management

TheBoardhasassessedthemajoroperationalriskstowhichthecharityisexposed,thoserelatedtothe operations
and financesof the charityand are satisfiedthatsystems are in placeto mitigateour exposureto the majorrisks. The
Trusteesdonotbelievethecharityissubjecttoanysubstantialriskbeyondtheliabilitiesdisclosedinthe Annual
Report and Accounts.

The Trustees confirm systems have been established so that the necessary steps can be taken to lessen these risks.

Organizational Structure

The CharitableCompanyis managedby the Board of Trustees,all of whom are directorsof the companywho  consider
allsignificantexpenditureandotherrequestsattheirmeetings.Theboardischairedbyanindependentchair, who
chairs by invitation of the board.

Public Benefit Statement

Thefocusofthisformalconsortiumwillbetobuildonexistingcapacityandthepositivetrackrecordsof consortium
member organisations to co-deliver a range of holistic, bespoke public services, available at the point of need.

Theintentionisthatthisconsortiumwillembraceorganisationsacrossawidespectrumofservicesectorssuch as
socialwelfareadvice,healthandwellbeing,employmentsupport,communitytransport,environment,heritage, as
well as volunteering and infrastructure 'capacity building' support.

Aims & Objectives

Commsortiais a joint venture both of and for communitybased voluntaryand social enterprisesector organisations in
Northamptonshire, surrounding counties, and elsewhere.

The consortium's mission is to:

Page 1

Commsortia Limited

Report of the Trustees for the Year Ended 30 June 2022

UltimatelyharnessthepowerofcollaborationbetweenlocalVoluntary,CommunityandSocialEnterprise sector
organisations to:

1. Strengthen community based not-for-profit organisations.

2. Maximise their sustainable funding and investment opportunities.

3. Share their resources and expertise, to add value to frontline public service delivery.

4. Support communities to identify their own needs and build community led solutions.

Itwillaimtoachievethisbysecuringlargerandmorecomplexcontractsandgrantfundingforthedeliveryof public
services, activities, and facilities and to manage the ensuing revenue through a joint consortium approach.

InsettingourobjectivesandplanningouractivitiestheTrusteeshaveconsideredtheCharityCommission's general
guidance on public benefit.

Achievement and Performance

ThisyearCommsortiaLtdhascontinuedtoprovidecontractmanagementservicestomemberorganisations in
supportofthedeliveryoftheBuildingBetterOpportunity(BBO)Programme.Wedothisinpartnershipwith the
University of Northampton with its aim to support people back into employment, training, and/or volunteering.

Theprojecthasprovidedarangeofservices,includingemployabilitytraining,jobsearchsupport,and one-to-one
coachingtohelpindividualsovercomebarrierstoemployment.Ithasmadesignificantprogressinachievingits goals
overthepast12monthsandhasestablishedstrongpartnershipswithlocalemployersinsecuring employment
opportunitiesforanumberofparticipantsontheprogramme.Theprojecthasalsosupportedindividuals with
volunteering opportunities, helping them to gain valuable experience and develop skills.

Again,theprojectfacedsomechallenges,particularlycomingoutoftheCOVID-19pandemic,whichimpacted the
deliveryofface-to-facetrainingandsupport.However,theprojectadaptedquickly,deliveringtrainingand support
virtually, which enabled it to continue to support individuals during these challenging times.

Theprojectteamiscommittedtocontinuingtosupportindividualsbeyondtheproject'scompletiondatebut within
thecontractedrequirements.The projectteamis exploringopportunitiestosecureadditionalfundingto continue to
provide support to individuals who need it most.

CommsortiaLtd has made significantprogressin achievingits goalsthis year and we will continueto deliverupon our
EuropeanSocialFundBuildingBetterOpportunitiesProgrammecommitments.The COVIDPandemichada significant
impact upon deliveryas our partnersreducedservices with some closingtheir doors to the public.This resultedin low
levelsofnewstartswhilstadaptationstowardsremoteworkingtookeffect.Weencouragedhybridworkingfor our
staffwithworkingfromhomeandtheofficedependantonneedandtheeffectsofthepandemic.As themajority of
ouractivityisaroundcontractmanagement,administrationperformedbystaffconstitutesthemajorityofours and
our partners costs.

We will continue to look for further opportunities to bring funding into the sector.

STRATEGIC REPORT

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.

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Commsortia Limited

Report of the Trustees for the Year Ended 30 June 2022

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

09080083 (England and Wales)

Registered Charity number

1158524

Registered office

15 St Giles Street
Northampton
Northamptonshire
NN1 1JA

Trustees

A Armson Chief Executive
C Duff Ceo
D A Hunt Business Development Director
M V Major Charity Ceo
Professor C A Phillips Independant Chair

Company Secretary

Auditors

Harris & Co (Accountants) Ltd, Statutory Auditor
2 Pavilion Court
600 Pavilion Drive
Northampton
NN4 7SL

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees(whoare alsothe directorsof CommsortiaLimitedforthe purposesof companylaw)are responsible for
preparingtheReportoftheTrusteesandthefinancialstatementsinaccordancewithapplicablelawand United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueand fair
viewofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationof resources,
includingtheincomeandexpenditure,ofthecharitablecompanyforthatperiod.Inpreparingthose financial
statements, the trustees are required to

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charity SORP;

• make judgements and estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any
timethefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthefinancial statements
complywith the CompaniesAct 2006. They are also responsiblefor safeguardingthe assets of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Commsortia Limited

Report of the Trustees
for the Year Ended 30 June 2022

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

In so far as the trustees are aware:

• there is no relevant audit information of which the charitable company's auditors are unaware; and

• the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

Theauditors,Harris&Co(Accountants)Ltd,StatutoryAuditor,willbeproposedforre-appointmentat the
forthcoming Annual General Meeting.

Reportofthetrustees,incorporatingastrategicreport,approvedbyorderoftheboardoftrustees,asthe company
directors, on 16 April 2023 and signed on the board's behalf by:

Professor C A Phillips - Trustee

Page 4

Report of the Independent Auditors to the Members of
Commsortia Limited

Opinion

WehaveauditedthefinancialstatementsofCommsortiaLimited(the'charitablecompany')fortheyear ended
30June2022whichcomprisetheStatementofFinancialActivities,theBalanceSheet,theCashFlowStatement and
notestothefinancialstatements,includingasummaryofsignificantaccountingpolicies.Thefinancial reporting
frameworkthathasbeenappliedintheirpreparationisapplicablelawandUnitedKingdomAccounting Standards
(United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• give a true and fair view of the state of the charitable company's affairs as at 30 June 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

WeconductedourauditinaccordancewithInternationalStandardsonAuditing(UK)(ISAs(UK))andapplicable law.
OurresponsibilitiesunderthosestandardsarefurtherdescribedintheAuditors'responsibilitiesfortheauditof the
financialstatementssectionofourreport.Weareindependentofthecharitablecompanyinaccordancewith the
ethicalrequirementsthatarerelevanttoourauditofthefinancialstatementsintheUK,includingtheFRC's Ethical
Standard,andwe havefulfilledourotherethicalresponsibilitiesinaccordancewiththeserequirements.We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditingthe financialstatements,we have concludedthat the trustees' use of the going concernbasis of accounting
in the preparation of the financial statements is appropriate.

Basedontheworkwehaveperformed,wehavenotidentifiedanymaterialuncertaintiesrelatingtoevents or
conditionsthat,individuallyor collectively,may cast significantdoubton the charitablecompany'sabilityto continue
as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilitiesand the responsibilitiesof the trusteeswith respect to goingconcernare describedin the relevant
sections of this report.

Emphasis of matter

Going concern

Asdescribedintheaccountingpolicynotes,thecharityhaspreparedthefinancialstatementsonagoing concern
basis. The charityis relianton grant fundingfrom variousbodies.The currentgrantsterminateat variousfuture dates,
noneof whichare more than12 monthsfromthe dateof approvalof the financialstatements.However,the trustees
anddirectorsareconfidentthatfurthergrantfundingwillbeforthcomingandthatitisappropriatetoprepare the
financial statements on a going concern basis.

Other information

Thetrusteesareresponsiblefortheotherinformation.Theotherinformationcomprisestheinformationincluded in
the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Ouropiniononthefinancialstatementsdoesnotcovertheotherinformationand,excepttotheextent otherwise
explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Inconnectionwithourauditofthefinancialstatements,ourresponsibilityistoreadtheotherinformationand, in
doingso,considerwhethertheotherinformationismateriallyinconsistentwiththefinancialstatementsor our
knowledgeobtainedintheauditorotherwiseappearstobemateriallymisstated.Ifweidentifysuch material
inconsistenciesorapparentmaterialmisstatements,wearerequiredtodeterminewhetherthisgivesriseto a
materialmisstatementin the financialstatementsthemselves.If, based on the work we have performed,we  conclude
thatthereis a materialmisstatementof thisotherinformation,we are requiredto reportthatfact.We have nothing
to report in this regard.

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Report of the Independent Auditors to the Members of
Commsortia Limited

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

Inthelightoftheknowledgeandunderstandingofthecharitablecompanyanditsenvironmentobtainedin the
course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothingto reportin respectof the followingmatterswhere the CompaniesAct 2006 requiresus to report to
you if, in our opinion:

• adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or

• the financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of trustees' remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explainedmorefullyintheStatementofTrustees'Responsibilities,thetrustees(whoarealsothedirectorsof the
charitablecompanyfor the purposesof companylaw) are responsiblefor the preparationof the financial statements
andforbeingsatisfiedthattheygiveatrueandfairview,andforsuchinternalcontrolasthetrusteesdetermine is
necessaryto enablethe preparationof financialstatementsthat are free from materialmisstatement,whetherdue to
fraud or error.

Inpreparingthefinancialstatements,thetrusteesareresponsibleforassessingthecharitablecompany'sability to
continueasagoingconcern,disclosing,asapplicable,mattersrelatedtogoingconcernandusingthegoing concern
basisofaccountingunlessthetrusteeseitherintendtoliquidatethecharitablecompanyortoceaseoperations, or
have no realistic alternative but to do so.

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Report of the Independent Auditors to the Members of
Commsortia Limited

Our responsibilities for the audit of the financial statements

Ourobjectivesaretoobtainreasonableassuranceaboutwhetherthefinancialstatementsasawholearefree from
materialmisstatement,whether due to fraud or error, and to issue a Report of the IndependentAuditorsthat includes
ouropinion.Reasonableassuranceisahighlevelofassurance,butisnotaguaranteethatanauditconducted in
accordancewithISAs(UK)willalwaysdetectamaterialmisstatementwhenitexists.Misstatementscanarise from
fraudorerrorandareconsideredmaterialif,individuallyorintheaggregate,theycouldreasonablybeexpected to
influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Identifying and assessing potential risks related to irregularities

Inidentifyingandassessingtherisksofmaterialmisstatementinrespectofirregularities,includingfraud and
non-compliance with laws and regulations, we considered the following:

o The nature of the charity's activities and sector, control environment and financial performance;

oEnquiringofmanagementandthetrustees,includingobtainingandreviewingsupporting documentation,
concerning the charitable company's policies and procedures relating to:

- Identifying,evaluatingandcomplyingwithlawsandregulationsandwhethertheywere awareof anyinstances of
non-compliance;

-Detectingandrespondingtotherisksoffraudandwhethertheyhaveknowledgeofanyactual,suspected or
alleged fraud;

   - The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
oDiscussingamongtheengagementteamandinvolvingrelevantinternalspecialists,includingtax,and charity
specialists(whererelevant)regardinghow andwhere fraudmightoccurin the financialstatementsandany potential
indicators of fraud; and

oObtainingandunderstandingofthelegalandregulatoryframeworksthatthecharitablecompanyoperates in,
focusingonthoselawsandregulationsthathada directeffectonthefinancialstatements,suchasprovisionsof the
UKCompaniesAct,charitylegislationandtaxlegislationorthathadafundamentaleffectontheoperationsof the
charitable company; including General Data Protection requirements, anti-bribery and corruption policy.

Audit response to risks identified

As a resultof performingtheabove,we identifiedvariousprovisionsof theCharitiesActandtheCharity Commission
guidanceas keyauditmattersrelatedtonon-compliancewithlawsandregulationsandthereceiptof donations and
themakingof grantsas key auditmattersrelatedtothepotentialriskof fraud.In commonwithallauditsunder ISAs
(UK), we are also required to perform specific procedures to respond to the risk of management override.
In addition to the above, our procedures to respond to risks identified include the following:

oReviewofthefinancialstatementdisclosuresandtestingtosupportdocumentationtoassesscompliance with
provisions of relevant laws

Afurtherdescriptionofourresponsibilitiesfortheauditofthefinancialstatementsislocatedonthe Financial
ReportingCouncil'swebsiteatwww.frc.org.uk/auditorsresponsibilities.ThisdescriptionformspartofourReport of
the Independent Auditors.

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Report of the Independent Auditors to the Members of
Commsortia Limited

Use of our report

This reportis made solely to the charitablecompany'smembers, as a body,in accordancewith Chapter3 of Part 16 of
theCompaniesAct2006.Ourauditworkhasbeenundertakensothatwemightstatetothecharitable company's
membersthosematterswearerequiredtostatetotheminanauditors'reportandfornootherpurpose.To the
fullestextentpermittedbylaw,wedonotacceptorassumeresponsibilitytoanyoneotherthanthe charitable
companyand the charitablecompany'smembers as a body,for our auditwork,for this report,or for the opinions we
have formed.

Phillip J Harris BA(Hons) BFP FCA (Senior Statutory Auditor)
for and on behalf of Harris & Co (Accountants) Ltd, Statutory Auditor
2 Pavilion Court
600 Pavilion Drive
Northampton
NN4 7SL

16 April 2023

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Commsortia Limited

Statement of Financial Activities for the Year Ended 30 June 2022

Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3 EXPENDITURE ON Charitable activities 4 Charitable activities Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	2022 Unrestricted fund £ 326,276 353,371 766 354,137 (27,861) 115,669 87,808	2021 Total funds £ 1,124,555 1,155,111 - 1,155,111 (30,556) 146,225 115,669

The notes form part of these financial statements

Page 9

Commsortia Limited

Balance Sheet 30 June 2022

2022 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 - CURRENT ASSETS Debtors 10 351 Prepayments and accrued income - Cash at bank 90,144 90,495 CREDITORS Amounts falling due within one year 11 (2,687) NET CURRENT ASSETS 87,808 TOTAL ASSETS LESS CURRENT LIABILITIES 87,808 NET ASSETS 87,808 FUNDS 12 Unrestricted funds 87,808 TOTAL FUNDS 87,808	2021 Total funds £ 437 6,501 7,409 168,478 182,388 (67,156) 115,232 115,669 115,669 115,669 115,669

The financialstatementswere approvedby the Boardof Trusteesandauthorisedfor issueon 16 April2023and were
signed on its behalf by:

C A Phillips - Trustee

The notes form part of these financial statements

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Commsortia Limited

Cash Flow Statement

for the Year Ended 30 June 2022

Notes Cash flows from operating activities Cash generated from operations 1 Tax paid Net cash used in operating activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	2022 £ (77,983) (351) (78,334) (78,334) 168,478 90,144	2021 £ (264,129) - (264,129) (264,129) 432,607 168,478

The notes form part of these financial statements

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Commsortia Limited

Notes to the Cash Flow Statement for the Year Ended 30 June 2022

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Decrease in debtors Decrease in creditors Net cash used in operations	2022 £ (27,861) 437 13,910 (64,469) (77,983)	2021 £ (30,556) 466 33,845 (267,884)
		(264,129)

2. ANALYSIS OF CHANGES IN NET FUNDS

	At 1/7/21	Cash flow	At 30/6/22
	£	£	£
Net cash
Cash at bank	168,478	(78,334)	90,144
	168,478	(78,334)	90,144
Total	168,478	(78,334)	90,144

The notes form part of these financial statements

Page 12

Commsortia Limited

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

Thecharityhaspreparedthefinancialstatementsonagoingconcernbasis.Thecharityisrelianton grant
fundingfromvariousbodies.Thegrantsterminateatvariousfuturedates,noneofwhicharemorethan 12
monthsfromthedateofapprovalofthefinancialstatements.However,thetrusteesanddirectors are
confidentthatfurthergrantfundingwillbeforthcomingandthatitisappropriatetopreparethe financial
statements on a going concern basis.

Income

All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.

Tangible fixed assets

Depreciationis calculatedto write down the cost of the tangiblefixed assets over their expected useful lives on
a straight line basis. The useful lives are 4 years for office equipment and computer equipment.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.

continued...

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Commsortia Limited

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

2. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

Asset lives

Included within fixed assets are assets and the useful lives of these assets are estimated.

3. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Gifts Contracts Grants	2022 £ 2 - 326,274 326,276	2021 £ - 781,355 343,200
		1,124,555

4. CHARITABLE ACTIVITIES COSTS Support Direct costs (see Costs note 5) £ £ Charitable activities 333,807 19,564 5. SUPPORT COSTS Governance Management costs £ £ Other resources expended - 766 Charitable activities 15,616 3,948 15,616 4,714 6. NET INCOME/(EXPENDITURE)	Totals £ 353,371	Totals £ 353,371
		Totals £ 766 19,564
		20,330

Net income/(expenditure) is stated after charging/(crediting):

	2022	2021
	£	£
Auditors' remuneration	2,700	3,000
Depreciation - owned assets	437	466

continued...

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Commsortia Limited

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

7. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2022norforthe year
ended 30 June 2021.

Trustees' expenses

There were no  trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

9.

INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Charitable activities NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSETS COST At 1 July 2021 and 30 June 2022 DEPRECIATION At 1 July 2021 Charge for year At 30 June 2022 NET BOOK VALUE At 30 June 2022 At 30 June 2021	Unrestricted fund £ 1,124,555 1,155,111 (30,556) 146,225 115,669 Computer equipment £ 1,862 1,425 437 1,862 - 437

continued...

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Commsortia Limited

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors Other debtors Tax 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Accrued expenses 12. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS	At 1/7/21 £ 115,669 115,669 Incoming resources £ 326,276 326,276	2022 2021 £ £ - 1 - 6,500 351 - 351 6,501 2022 2021 £ £ (13) 15,886 - 48,270 2,700 3,000 2,687 67,156 Net movement At in funds 30/6/22 £ £ (27,861) 87,808 (27,861) 87,808 Resources Movement expended in funds £ £ (354,137) (27,861) (354,137) (27,861)

continued...

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Commsortia Limited

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds General fund TOTAL FUNDS	At 1/7/20 £ 146,225 146,225	Net movement in funds £ (30,556) (30,556)	At 30/6/21 £ 115,669
			115,669

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 1,124,555 1,124,555	Resources expended £ (1,155,111) (1,155,111)	Movement in funds £ (30,556) (30,556)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund TOTAL FUNDS	At 1/7/20 £ 146,225 146,225	Net movement in funds £ (58,417) (58,417)	At 30/6/22 £ 87,808
			87,808

A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	1,450,831	(1,509,248)	(58,417)
TOTAL FUNDS	1,450,831	(1,509,248)	(58,417)

continued...

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Commsortia Limited

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 June 2022.

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Commsortia Limited

Detailed Statement of Financial Activities for the Year Ended 30 June 2022

INCOME AND ENDOWMENTS Donations and legacies Gifts Contracts Grants Total incoming resources EXPENDITURE Charitable activities Sundries Travel Project delivery Project management fees Sub contract support staff Marketing Equipment Software licence Subscriptions Telephone Consultant Bank charges Irrecoverable VAT Training Participant expenses Support costs Management Insurance Postage and stationery Rent Accountancy Computer equipment Governance costs Auditors' remuneration Carried forward	2022 £ 2 - 326,274 326,276 326,276 - 328 217,125 - 95,987 1,461 - 6,300 1,473 148 - 99 9,004 782 1,100 333,807 1,225 74 13,281 599 437 15,616 2,700 2,700	2021 £ - 781,355 343,200
		1,124,555
		1,124,555 3,593 31 940,966 33,402 141,341 225 763 2,582 1,647 66 55 173 5,349 - -
		1,130,193 1,940 169 16,952 - 466
		19,527 3,000 3,000

This page does not form part of the statutory financial statements

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Commsortia Limited

Detailed Statement of Financial Activities for the Year Ended 30 June 2022

Governance costs Brought forward Legal fees Fines Total resources expended Net expenditure	2022 £ 2,700 1,714 300 4,714 354,137 (27,861)	2021 £ 3,000 2,391 - 5,391 1,155,111 (30,556)

This page does not form part of the statutory financial statements

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