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|TS||||
|---|---|---|---|
||||Page|
|Trustees'
Report|||4 —12|
|Independent|Auditors'|Report|13—16|
|Consolidated|Statement of Financial Activities||17|
|Consolidated|Balance|Sheet|18|
|Charity Balance Sheet|||19|
|Consolidated|Statement ofCash Flows||20|
|Notes to the|Financial|Statements|21 —32|
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|||Unrestricted|Restricted|2022|Unresbicted|Restricted|2021|
|---|---|---|---|---|---|---|---|
|||funds
f|funds
f.|Total|funds
6|funds
E|Total|
|||||6||||
||Note|||||||
|Income from:||||||||
|Donations
&||1,424,073||1,424,073|1,172,916|140,000|1,312,916|
|Legacies||||||||
|Charitable
Activities||117019||117,019|78,331||78,331|
|Total Income||1,541,092||1,541,092|1,251,247|140,000|1,391,247|
|Expenditure
on:||||||||
|Raising funds|4|64,218||64,218|17,812||17,812|
|Charitable
activities||963,716|40000|1003,718|1,003,946|100000|1,103,946|
|Total Expenditure|5|1 027934|40000|1,067,934|1,021 758|100,000|1,121,758|
|Other Income:||||||||
|Corporation
Tax||||||||
|R&D reclaim||||||||
|Net Income for the||513,158|(40,000)|473,158|229,489|40,000|269,489|
|yearand
net||||||||
|movement
in funds||||||||
|Total funds bought||967,234|40,000|1,007,234|737,745||737,745|
|fonvard||||||||
|Total funds carried||1,480,392||1,480,392|987,234|40,000|1,007,234|
|forward||||||||
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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||F.||
|Fixed assets||||||||
|Tangible assets|||||2,619||4,748|
|Current assets||||||||
|Debtors|||12|85,332||34,389||
|Cash at bank and|in|hand||1,547,456||1,174,522||
|||||1,632,788||1,208,911||
|Creditors: amounts||falling due within||||||
|one year|||13|(155,015)||(206,425)||
|Net current assets|||||1,477,773||1,002,486|
|Net assets|||||1,480,392||1,007,234|
|Charity funds||||||||
|Restricted funds|||14||||40,000|
|Unrestricted
funds|||14||1,480,392||967,234|
|Total funds|||||1,480,392||1,007,234|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|5||5||
|Fixed assets|||||||||
|Tangible assets||||9.1||2,619||4,748|
|Investments||||10||1||1|
|||||||2,620||4,749|
|Current assets|||||||||
|Debtors||||12.1|265,003||187,549||
|Cash at bank|and|in|hand||1,287,206||927,007||
||||||1,552,209||1,114,556||
|Creditors: amounts|||falling due within||||||
|one year||||13.1|(77,829)||(115,463)||
|Net current assets||||||1,474,380||999,093|
|Net assets||||||1,477,000||1,003,842|
|Charity funds|||||||||
|Restricted
funds||||||||40,000|
|Unrestricted|funds|||||1,477,000||963,842|
|Total Funds||||||1,477,000||1,003,842|
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|CONSOLIDATED STATEMENT OF CASH|CONSOLIDATED STATEMENT OF CASH|CONSOLIDATED STATEMENT OF CASH|CONSOLIDATED STATEMENT OF CASH|CONSOLIDATED STATEMENT OF CASH|FLOWS||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||2022|||2021||
||||||Notes|6||E|||
|Cash flows from operating|||activities||||||||
|Cash generated||from operations|||22||375,169|||162,287|
|Investing|activities||||||||||
|Purchase|oftangible
fixed assets|||||(2,235)|||||
|Net cash|used|in investing|activities||||(2,235)||||
|Net increase in||cash and cash equivalents|||||372,934|||162,287|
|Cash and|cash|equivalents|at beginning|ofyear|||1,174,522|||1.012,235|
|Cash and|cash|equivalents|at end of|year|||1,547,456|||1,174,522|
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|2||D|onatio|n|s
and Le|gacies||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||||||funds|Funds||funds|Funds||
|||||||2022|2022f|2022f|2021
F|2021
f|2021
f|
|Donations|||&giR|aid||1,424,073||1,424,073|1,092,008|40,000|1,132,008|
|Grants,|||sales||of||||80,908|100,000|180,908|
|publications||&|resources|||||||||
|||||||1 424 073||1 424 073|1 172916|140000|1 312916|
|3|Charitable|||activities||||||||
|||||||||||Charity|Charity|
||||||||||incoming||Incoming|
||||||||||resources||resources|
|||||||||||2022f|2021
f|
||Sales||within||charitable|activities||||117,019|78,331|
|4|Raising funds|||||||||||
|||||||||||Total|Total|
|||||||||||2022f|2021|
||Fundraising||||events|||||64,218|17,812|
##
||5
Analys|is ofexpenditure|by type|||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Unrestricted|Restricted|Total|
|||funds|Funds|Total|funds|Funds||
|||2022f|2022f|2022f|2021|2021f|2021f|
|Costs|of raising funds|64,218||64,218|17,812||f17,812|
|Direct|Costs|936,716|40,000|1,003,716|1,003,946|100,000|f1,103,946|
|||1,027,934|40,000|1,067,934|1 021 758|100000|1 121,758|
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|The ave|rage
number ofemployees
during the year was:|||
|---|---|---|---|
|||2022|2021|
|||No.|No.|
|Average|number ofemployees|15|18|
|Employment
costs||2022|2021|
|||6||
|Wages|and salaries|765,235|741,560|
|Social security costs||87,448|79,052|
|Other pension costs||13,639|15,066|
|||866,322|835,678|
|||||2022|2021|
|---|---|---|---|---|---|
|||||No.|No.|
|In|the|band|560,001 to670,000|||
|In|the|band|570,001 to680,000|||
|In|the|band|980,001 to90,000|||
|In|the|band|6100,001 tof110,000|||
|In|the|band|9110,001 to5120,000|||
|In|the|band|6120,001 tof130,000|||
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||||Office|
|---|---|---|---|
||||Equipment|
|Group|||6|
|Cost||||
|At 1 April 2021|||17,715|
|Additions|||2,235|
|At 31 March|2022||19,950|
|Depreciation||||
|At 1 April 2021|||12,967|
|Depreciation|charged|in the year|4,364|
|At 31 March|2022||17,331|
|Carrying
amount||||
|At 31 March|2022||2,619|
|At 31 March|2021||4,748|
##
##
|9.1|Tangible fixed assets|Tangible fixed assets||||
|---|---|---|---|---|---|
||||||Oflice|
||||||Equipment|
||Company||||5|
||Cost|||||
||At 1 April 2021||||17,715|
||Additions||||2,235|
||Dieposals|||||
||At 31 March|2022|||19,950|
||Depreciation|||||
||At 1 April 2021||||12,967|
||Depreciation|charged|in the year||4,364|
||Eliminated
in respect ofdisposals|||||
||At 31 March|2022|||17,331|
||Carrying
amount|||||
||At 31 March|2022|||2,619|
||At 31 March|2021|||4,748|
|10|Fixed asset|investments||||
|||||2022|2021|
|||||E|5|
||Fixed Asset|investments||||
||Movements|in fixed asset investments||||
||||||Shares
in|
||||||group|
||||||undertakings|
||||||5|
||Cost|||||
||At 1 April 2021 &31 March 2022|||||
||Carrying
amount|||||
||At 31 March|2022||||
||At 31 March|2021||||
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|11|Financial|instruments
group|instruments
group|||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||6|8|
||Carrying|amount|offinancial|assets||||
||Debt instruments||measured
at|arnoitised|cost|1,156,706|1,199,120|
||Carrying|amount|offinancial|liabilities||||
||Measured|at amortised cost||||129,865|172,983|
|11.1|Financial|instruments
company||||2022|2021|
|||||||8||
||Carrying|amount|offinancial|assets||||
||Debt instruments||measured
at|amortised|cost|1,506,766|1,104,767|
||Carrying|amount|offinancial|liabilities||||
||Measured|at amortised
cost||||77,829|115,463|
|12|Debtors|||
|---|---|---|---|
||Group|2022|2021|
||Amounts
falling due within one year:|6|8|
||Trade debtors|39,890|24,598|
||Other debtors|||
||Prepayments|45,442|9,791|
|||85,332|34,389|
|12.1|Debtors|||
||Company|2022|2021|
||Amounts
falling due within one year:|8||
||Trade debtors|19,497|12,192|
||Amounts
owed from Group Undertakings|200,064|165,568|
||Other Debtors|||
||Prepayments|45,442|9,789|
|||265,003|187,549|
##
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##
|13|Creditors: amounts|falling due|within one year||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Group||||8|f|
||Other taxation and social security||||37,362|28,277|
||Trade creditors||||29,670|39,366|
||Other creditors||||2,574|2,026|
||Accruals||||60,258|103,314|
||Deferred income||||25,151|33,442|
||||||155,015|206,425|
||||||2022|2021|
|13.1|Company||||8||
||Other taxation and|social security|||29,142|22,832|
||Trade creditors||||27,233|32,198|
||Accruals||||18,880|58,407|
||Other creditors||||2,574|2,026|
||||||77,829|115,463|
|14|Summary offunds|—current year|||||
||Balance at 1||April|Income|Expenditure
Balance|at 31March|
||||2021
8|f|f|2022
8|
||General|967,234||1,541,092|(1,027,934)|1,480,392|
||unrestricted||||||
||funds||||||
||Restricted|40,000|||(40,000)||
||Funds||||||
||Total Funds||||||
|||1 007.234||1,541,092|1 007934|1,430 392|
##
##
||||Balance|Balance|Balance|at 1|April||Income|Expenditure|Expenditure|Balance at 31March|Balance at 31March|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2020f||f|||f|2021
f|
|General||||||737,745|||1,251,247|(1,021,758)|||967,234|
|unrestricted||||||||||||||
|funds||||||||||||||
|Restricted|||||||||140,000|(100,000)|||40,000|
|Funds||||||||||||||
|Total Funds||||||||||||||
|||||||737745|||1351247|1,112753|||1,007,234|
|Analysis|ofnet assets||||between||funds|||||||
|||Unrestricted||||Restricted|||Unrestricted|Restricted||||
|||||funds||Funds||Total|funds|Funds||Total||
|||||2022
f|||2022
f|2022|2021
f|2021
f||2021
f||
|Fund||||||||||||||
|Balances||||||||||||||
|Tangible||||2,619||||2,619|4,748|||4,748||
|Assets||||||||||||||
|Current||1,632,788||||||1632,788|1,168,911|40,000|1208,911|||
|Assets||||||||||||||
|Current||(155,015)||||||(155,015)|(206,425)||(206,425)|||
|Liabilities||||||||||||||
|||1480392||||||1,480,392|967,234|40,000|1,007,234|||
|Deferred|income|||||||||||||
|Group and||Charity||||||||||2022
f|2021
f|
|Deferred income|||bought||forward|||||||33,442|21,170|
|Resources deferred||||during||the year||||||25,151|16,775|
|Amounts|released||from||previous||years||||(33,442)||(4,503)|
|||||||||||||25,151|33,442|
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|Name|ofundertaking|ofundertaking|Registered|Nature of|business|Class of|'/ Held|'/ Held|
|---|---|---|---|---|---|---|---|---|
||||office|||shares held|Direct|Indirect|
|Sepsis|Enterprises|Limited|Azzurri
House,|Fundraising|events|Ordinary|100||
||||Walsall|||shares|||
||||Business||||||
||||Park, Aldridge,||||||
||||WS9 ORB||||||
|22|Cash generated
from|operations|operations|||202
6|2021f|
|---|---|---|---|---|---|---|---|
||Net income for the year|(as per|Statement of Financial||Activities)|473,158|269,489|
||Adjustments
for:|||||||
||Depreciation
and impairment
of||tangible|fixed assets||4,364|6,165|
||Movements
in working|capital:||||||
||(Increase)/Decrease
in|debtors||||(50,943)|28,871|
||Increase/(Decrease)
in|creditors||||(43,119)|(154,511)|
||Increase/(Decrease)
in|deferred|income|||(8,291)|12,273|
||Increase in provision
for R8D Tax reclaim|||||||
||Cash generated
from|operations||||375,169|162,287|