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2024-03-31-accounts
| R-EVOLUTION |
|
|
| LEGALANDADMINISTRATIVE |
INFORMATION |
|
| Trustees |
D Roberts |
|
|
CSkelton |
|
|
H LWatson |
(Appointed17April 2023) |
|
THDaniel |
(Appointed17April 2023) |
|
ASSimmons |
(Appointed17 April 2023) |
|
JDHolland |
(Appointed17April 2023) |
|
PEBrown |
|
| Senior management |
Mr JMarshall(Resigned30 |
CEO |
|
September2023) |
|
|
Mr PStorey(Appointed24July2023) |
CEO |
| Charity number |
1159808 |
|
| Principal address |
StationRoad |
|
|
Cottingham |
|
|
EastYorkshire |
|
|
England |
|
|
HU164LL |
|
| Independent examiner |
TrevorRackham |
|
|
Rackham'sAccountantsLimited |
|
|
3MeltonEnterprisePark |
|
|
RedclliffRoad |
|
|
Melton |
|
|
EastYorkshire |
|
|
HU143RS |
|
| Bankers |
HSBC |
|
|
63MarketPlace |
|
|
Beverley |
|
|
EastYorkshire |
|
|
HU178AL |
|
|
VirginMoneyUKPLC |
|
|
TheTeamatVirginMoney |
|
|
10-12ParagonStreet |
|
|
Hull |
|
|
HU13ND |
|
|
UntiedTrustBank |
|
|
OneRopemakrerStreet |
|
|
London |
|
|
EC2Y9AW |
|
| R-EVOLUTION |
|
| CONTENTS |
|
|
Page |
| Trustees' report |
1-3 |
| Independent examiner's report |
4 |
| Statementoffinancial activities |
5 |
| Balance sheet |
6 |
| Statementofcash flows |
7 |
| Notestothe financial statements |
8 -21 |
| FOR THEYEAR ENDED |
FOR THEYEAR ENDED |
31 MARCH |
2024 |
|
|
|
|
|
|
Unrestricted |
Restricted |
Total Un restricted |
|
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
Notes |
£ |
£ |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
|
|
| Donations and legacies |
3 |
15,303 |
453,048 |
468,351 |
21,426 |
579,594 |
601,020 |
| Charitable activities |
4 |
137,419 |
165 |
137,584 |
312,898 |
|
312,898 |
| Investments |
5 |
10,528 |
|
10,528 |
1,287 |
|
1,287 |
| Total income |
|
163,250 |
453,213 |
616,463 |
335,611 |
579,594 |
915,205 |
| Expenditureon: |
|
|
|
|
|
|
|
| Charitable activities |
6 |
325,387 |
477,616 |
803,003 |
183,497 |
680,811 |
864,308 |
| Total expenditure |
|
325,387 |
477,616 |
803,003 |
183,497 |
680,811 |
864,308 |
| Net income/(expenditure) |
|
(162,137) |
(24,403) |
(186,540) |
152,114 |
(101,217) |
50,897 |
| Transfers between |
|
|
|
|
|
|
|
| funds |
|
(16,816) |
16,816 |
|
(223) |
223 |
|
| Netmovement in |
|
|
|
|
|
|
|
| funds |
8 |
(178,953) |
(7,587) |
(186,540) |
151,891 |
(100,994) |
50,897 |
| Reconciliationoffunds: |
|
|
|
|
|
|
|
| Fund balancesat1 April |
2023 |
519,579 |
50,334 |
569,913 |
367,688 |
151,328 |
519,016 |
| Fund balancesat31March |
|
|
|
|
|
|
|
| 2024 |
|
340,626 |
42,747 |
383,373 |
519,579 |
50,334 |
569,913 |
| R-EVOLUTION |
|
|
|
|
|
| BALANCESHEET |
|
|
|
|
|
| ASAT31 MARCH 2024 |
|
|
|
|
|
|
|
2024 |
|
2023 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixedassets |
|
|
|
|
|
| Tangible assets |
12 |
|
45,916 |
|
42,567 |
| Currentassets |
|
|
|
|
|
| Stocks |
13 |
18,610 |
|
14,271 |
|
| Debtors |
14 |
52,869 |
|
230,561 |
|
| Cash atbankandinhand |
|
354,511 |
|
473,214 |
|
|
|
425,990 |
|
718,046 |
|
| Creditors:amountsfallingduewithin |
16 |
|
|
|
|
| oneyear |
|
(88,532) |
|
(190,700) |
|
| Net currentassets |
|
|
337,458 |
|
527,346 |
| Totalassets less current liabilities |
|
|
383,374 |
|
569,913 |
| Thefunds ofthecharity |
|
|
|
|
|
| Restricted income funds |
18 |
|
42,750 |
|
50,334 |
| Unrestricted funds |
19 |
|
340,624 |
|
519,579 |
|
|
|
383,374 |
|
569,913 |
| R-EVOLUTION |
|
|
|
|
|
| STATEMENTOFCASH FLOWS |
|
|
|
|
|
| FOR THEYEAR ENDED31MARCH |
2024 |
|
|
|
|
|
|
2024 |
|
2023 |
|
| Notes |
|
£ |
£ |
£ |
£ |
| Cash flows from operating activities |
|
|
|
|
|
| Cash (absorbed by)/generated from |
22 |
|
|
|
|
| operations |
|
|
(111,363) |
|
168,622 |
| Investing activities |
|
|
|
|
|
| Purchaseoftangible fixed assets |
|
(17,868) |
|
(22,345) |
|
| Investment income received |
|
10,528 |
|
1,287 |
|
| Net cash used in investing activities |
|
|
(7,340) |
|
(21,058) |
| Netcashusedinfinancingactivities |
|
|
|
|
|
| Net(decrease)/increaseincashand cash |
|
|
|
|
|
| equivalents |
|
|
(118,703) |
|
147,564 |
| Cash and cash equivalents at beginningofyear |
|
|
473,214 |
|
325,650 |
| Cashandcashequivalentsatendofyear |
|
|
354,511 |
|
473,214 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Donationsandgifts |
2,223 |
|
2,223 |
379 |
627 |
1,006 |
| Grants |
|
453,048 |
453,048 |
3,000 |
578,967 |
581,967 |
| Donationsinkind |
13,080 |
|
13,080 |
18,047 |
|
18,047 |
|
15,303 |
453,048 |
468,351 |
21,426 |
579,594 |
601,020 |
| 3 |
Income fromgrants,donationsandsimilarIncoming |
Income fromgrants,donationsandsimilarIncoming |
Income fromgrants,donationsandsimilarIncoming |
|
|
|
(Continued) |
|
resources |
|
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Grants |
|
|
|
|
|
|
|
Brelms Trust |
|
|
|
|
5,000 |
5,000 |
|
Cycling UK |
|
4,500 |
4,500 |
|
6,000 |
6,000 |
|
East Riding ofYorkshire |
|
|
|
|
|
|
|
Council |
|
29,500 |
29,500 |
|
66,394 |
66,394 |
|
HEYLEP |
|
|
|
|
1,500 |
1,500 |
|
HullCity Council |
|
129,893 |
129,893 |
3,000 |
97,830 |
100,830 |
|
Humber Learning |
|
|
|
|
|
|
|
Consortium |
|
9,940 |
9,940 |
|
2,461 |
2,461 |
|
National Lottery |
|
|
|
|
|
|
|
CommunityFund |
|
110,000 |
110,000 |
|
140,000 |
140,000 |
|
NorthEast Linsolnshire |
|
|
|
|
|
|
|
Council |
|
48,584 |
48,584 |
|
40,000 |
40,000 |
|
North Lincolnshire |
|
|
|
|
|
|
|
Council |
|
115,696 |
115,696 |
|
179,282 |
179,282 |
|
RoyalHorticultural |
|
|
|
|
|
|
|
Society |
|
|
|
|
500 |
500 |
|
SaferRoadsHumbers |
|
|
|
|
40,000 |
40,000 |
|
VANL |
|
4,935 |
4,935 |
|
|
|
|
|
|
453,048 |
453,048 |
3,000 |
578,967 |
581,967 |
| 4 |
Incomefromcharitable |
activities |
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
Incomefromcharitable |
activities |
|
|
|
|
|
|
Events, trainingand |
|
|
|
|
|
|
|
coaching |
11,394 |
|
11,394 |
5,977 |
|
5,977 |
|
Cycleandequpiment |
|
|
|
|
|
|
|
salesandrepairs |
81,724 |
165 |
81,889 |
76,334 |
|
76,334 |
|
Primary purpose |
|
|
|
|
|
|
|
contracts |
44,301 |
|
44,301 |
230,587 |
|
230,587 |
|
|
137,419 |
165 |
137,584 |
312,898 |
|
312,898 |
| Unrestricted |
Unrestricted |
| funds |
funds |
| 2024 |
2023 |
| £ |
£ |
|
Expenditure |
Expenditure |
|
on |
on |
|
charitable |
charitable |
|
activities |
activities |
|
2024 |
2023 |
|
£ |
£ |
| Directcosts |
|
|
| Staff costs |
367,073 |
407,431 |
| Marketing |
9,085 |
8,341 |
| eBay fees |
133 |
|
| Vehicle costs |
11,010 |
11,928 |
| Activity costs(bikes,parts,accessoriesetc) |
85,742 |
72,355 |
| Sundry staff costs (training,expensesetc) |
16,129 |
23,582 |
| RetrospectiveVAT |
|
(8,859) |
| Stock |
(4,339) |
15,356 |
|
484,833 |
530,134 |
| Shareofsupport and governance costs (see note7) |
|
|
| Support |
318,170 |
334,174 |
|
803,003 |
864,308 |
| Analysisbyfund |
|
|
| Unrestrictedfunds |
325,387 |
183,497 |
| Restricted funds |
477,616 |
680,811 |
|
803,003 |
864,308 |
| 7 |
Supportcostsallocatedtoactivities |
|
|
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Staff costs |
214,601 |
211,971 |
|
Depreciation |
14,522 |
12,063 |
|
Premises and office costs |
75,082 |
102,878 |
|
Insurance |
1,593 |
2,304 |
|
Professional fees |
1,551 |
2,932 |
|
Bank charges |
2,157 |
2,026 |
|
Self employed contract staff |
8,664 |
|
|
|
318,170 |
334,174 |
|
Analysed between: |
|
|
|
Expenditure on charitable activities |
318,170 |
334,174 |
| 8 |
Net movementinfunds |
2024 |
2023 |
|
|
£ |
£ |
|
The net movement in funds is stated after charging/(crediting): |
|
|
|
Fees payable for the independent examinationofthe charity's financial |
|
|
|
statements |
600 |
600 |
|
Depreciationofowned tangible fixed assets |
14,522 |
12,063 |
| The average monthly numberofemployees during the year was: |
The average monthly numberofemployees during the year was: |
|
|
|
|
2024 |
2024 |
2023 |
2023 |
|
Heads |
Fulltime |
Heads |
Fulltime |
|
|
equivalent |
|
equivalent |
| Full time |
10 |
10 |
15 |
15 |
| Part time |
10 |
9 |
7 |
6 |
| Total |
20 |
19 |
22 |
21 |
| Employmentcosts |
|
|
2024 |
2023 |
|
|
|
£ |
£ |
| Wages and salaries |
|
|
581,674 |
619,402 |
| 1 0 |
Employees |
|
(Continued) |
|
Remunerationofkeymanagementpersonnel |
|
|
|
Theremunerationofkeymanagementpersonnelwasasfollows: |
|
|
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Thecharityisexemptfromtaxationon |
its activitiesbecauseallitsincome |
its activitiesbecauseallitsincome |
isapplied |
forcharitable |
purposes. |
| 12 |
Tangiblefixedassets |
|
|
|
|
|
|
|
Fixturesand |
Computers |
Motor |
General |
Total |
|
|
fittings |
|
vehicles |
equipment |
|
|
|
£ |
£ |
£ |
£ |
£ |
|
Cost |
|
|
|
|
|
|
At 1April2023 |
42,002 |
5,905 |
25,100 |
4,771 |
77,778 |
|
Additions |
15,233 |
2,637 |
|
|
17,870 |
|
Disposals |
|
(246) |
|
|
(246) |
|
At31March2024 |
57,235 |
8,296 |
25,100 |
4,771 |
95,402 |
|
Depreciationandimpairment |
|
|
|
|
|
|
At 1April2023 |
12,661 |
4,484 |
15,031 |
3,035 |
35,211 |
|
Depreciationchargedintheyear |
8,586 |
1,731 |
3,140 |
1,064 |
14,521 |
|
Eliminatedinrespectofdisposals |
|
(246) |
|
|
(246) |
|
At31March2024 |
21,247 |
5,969 |
18,171 |
4,099 |
49,486 |
|
Carryingamount |
|
|
|
|
|
|
At31March2024 |
35,988 |
2,327 |
6,929 |
672 |
45,916 |
|
|
-- |
-- |
-- |
|
-- |
|
At31March2023 |
29,341 |
1,421 |
10,069 |
1,737 |
42,567 |
|
|
|
|
-- |
-- |
-- |
|
2024 |
2023 |
|
£ |
£ |
| Finishedgoodsandgoodsforresale |
18,610 |
14,271 |
| 14 |
Debtors |
|
Amountsfallingduewithinoneyear: |
| 2024 |
2023 |
| £ |
£ |
| 29,075 |
106,080 |
|
65,837 |
| 23,794 |
58,644 |
| Creditors:amountsfallingdue |
withinoneyear |
|
|
|
|
|
|
2024 |
2023 |
|
|
Notes |
£ |
£ |
| Other taxation and social security |
|
|
6,067 |
63,896 |
| Government grants |
|
17 |
65,297 |
109,500 |
| Trade creditors |
|
|
14,355 |
12,387 |
| Other creditors |
|
|
1,321 |
1,207 |
| Accruals and deferred income |
|
|
1,492 |
3,710 |
|
|
|
88,532 |
190,700 |
| Governmentgrants |
|
|
|
|
|
|
|
2024 |
2023 |
| Funder |
Reason for deferral |
|
£ |
£ |
| East RidingofYorkshire Council |
Funding for 2023/24 receivedinadvance - |
|
|
|
|
East Riding Access Fund |
|
|
29,500 |
| North Lincolnshire Council |
Funding for 2023/24 received in advance - |
|
|
|
|
EmployabilityandSkills - |
Horticulture at |
|
|
|
Normanby Hall |
|
|
50,000 |
| North Lincolnshire Council |
Funding for 2023/24 receivedinadvance - |
|
|
|
|
North Lincolnshire Community |
Renewal Fund |
|
30,000 |
| Hull City Council |
Funding for 2024/25 received in advance - |
|
|
|
|
Hull Schools Project |
|
25,000 |
|
| East Riding of Yorkshire CouncilFunding for 2024/25 receivedinadvance - |
|
|
|
|
|
Capability 2 Fund |
|
18,750 |
|
| Hull City Council |
Funding for 2024/25 received in advance - |
|
|
|
|
Hull Community Hubs |
|
15,000 |
|
| Hull City Council |
Funding for 2024/25 receivedinadvance - |
|
|
|
|
Trinity Market |
|
6,547 |
|
|
|
|
65,297 |
109,500 |
| 17 |
Government grants |
|
(Continued) |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Deferredincomeisincludedwithin: |
|
|
|
Current liabilities |
65,297 |
109,500 |
|
Movementsintheyear: |
|
|
|
Deferred incomeat1April2023 |
109,500 |
|
|
Releasedfromprevious periods |
(109,500) |
|
|
Resourcesdeferredintheyear |
65,297 |
109,500 |
|
Deferredincomeat31March2024 |
65,297 |
109,500 |
Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants
subjecttospecificconditionsbydonorsastohowtheymaybeused. |
Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants
subjecttospecificconditionsbydonorsastohowtheymaybeused. |
Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants
subjecttospecificconditionsbydonorsastohowtheymaybeused. |
Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants
subjecttospecificconditionsbydonorsastohowtheymaybeused. |
Therestrictedfundsofthecharitycomprisetheunexpendedbalancesofdonationsandgrants
subjecttospecificconditionsbydonorsastohowtheymaybeused. |
heldontrust |
|
At 1April |
Incoming |
Resources |
Transfers |
At31March |
|
2023 |
resources |
expended |
|
2024 |
|
£ |
£ |
£ |
£ |
£ |
| RestrictedFixedAssets |
|
|
|
21,991 |
21,991 |
| BigBikeRevival |
|
4,500 |
(4,500) |
|
|
| EastHullBikeLibraries |
3,345 |
|
(1,210) |
(2,135) |
|
| SaferRoadsHumber |
495 |
|
(495) |
|
|
| GetActiveEastRidingAccess |
|
|
|
|
|
| Fund |
9,741 |
|
(9,915) |
174 |
|
| HorticultureProject(TheFore) |
220 |
|
(175) |
(45) |
|
| MultiplyEastRiding |
(268) |
9,940 |
(9,940) |
268 |
|
| MultiplyNorthLincolnshire |
(11) |
16,432 |
(16,432) |
11 |
|
| NationalLotteryCommunity |
|
|
|
|
|
| Fund |
3,554 |
110,000 |
(106,981) |
|
6,573 |
| NormanbyHallHorticulture |
1,034 |
50,000 |
(50,955) |
|
79 |
| NorthEastLincolnshireActive |
|
|
|
|
|
| Fund |
1,400 |
|
(1,808) |
408 |
|
| BikeProjectNorthLincolnshire |
17,367 |
|
(5,638) |
(11,729) |
|
| RackingTrinityMarket |
3,442 |
|
(751) |
(2,691) |
|
| SharedProsperityHull |
7,958 |
|
(1,500) |
{6,458) |
|
| StorageShed-FinnisScott |
438 |
|
(350) |
(88) |
|
| TrinityMarket |
1,620 |
83,453 |
(81,790) |
2,691 |
5,974 |
| EastRidingBikes |
|
29,500 |
(43,919) |
14,419 |
|
| HullCommunityHubs |
|
45,000 |
(44,414) |
|
586 |
| HullSchoolsProject |
|
350 |
(350) |
|
|
| NorthEastLincolnshireHubs |
|
48,749 |
(41,204) |
|
7,545 |
| NorthLincolnshireBikes |
|
49,264 |
(49,264) |
|
|
| SmallGrants |
|
1,090 |
(1,090) |
|
|
| VANLScunthorpeNorth |
|
|
|
|
|
| Reducing |
|
4,935 |
(4,935) |
|
|
|
50,335 |
453,213 |
(477,616) |
16,816 |
42,748 |
| R-EVOLUTION |
R-EVOLUTION |
|
|
|
|
|
| NOTESTOTHEFINANCIAL |
|
STATEMENTS |
(CONTINUED) |
|
|
|
| FORTHEYEARENDED31MARCH2024 |
|
|
|
|
|
|
| 18 |
Restricted funds |
|
|
|
|
(Continued) |
|
Previousyear: |
At1 April
2022 |
Incoming
resources |
Resources
expended |
Transfers |
At31March
2023 |
|
|
£ |
£ |
£ |
£ |
£ |
|
AllRide(Brelms) |
|
5,000 |
(5,000) |
|
|
|
AllRideWithemsea |
|
3,117 |
(3,152) |
35 |
|
|
BigBikeRevival |
|
6,000 |
(6,000) |
|
|
|
EastHullBikeLibraries |
|
22,330 |
(18,985) |
|
3,345 |
|
SaferRoadsHumber |
3,515 |
40,000 |
(43,020) |
|
495 |
|
Get ActiveEastRidingAccess
Fund |
33,201 |
43,500 |
(66,960) |
|
9,741 |
|
HorticultureProject-Beverly |
30,927 |
2,000 |
(33,026) |
99 |
|
|
HorticultureProject(PLT) |
1,702 |
|
(1,702) |
|
|
|
HorticultureProject(TheFore) |
394 |
|
(175) |
|
219 |
|
Kickstart |
1,792 |
24,792 |
(26,584) |
|
|
|
MultiplyEastRiding
MultiplyNorthLincolnshire |
|
2,550
4,930 |
(2,818)
(4,941) |
|
(268)
(11) |
|
NationalLotteryCommunity
Fund |
4,424 |
140,000 |
(140,870) |
|
3,554 |
|
NormanbyHallBike |
1,251 |
|
(1,251) |
|
|
|
NormanbyHallHorticulture |
15,920 |
10,627 |
(25,513) |
|
1,034 |
|
NorthEastLincolnshireActive |
|
|
|
|
|
|
Fund |
31,091 |
40,000 |
(69,691) |
|
1,400 |
|
BikeProjectNorthLincolnshire |
22,130 |
159,337 |
(164,100) |
|
17,367 |
|
RackingTrinityMarket |
4,193 |
|
(751) |
|
3,442 |
|
SharedProsperityHull |
|
48,000 |
(40,042) |
|
7,958 |
|
StorageShed-FinnisScott |
788 |
|
(350) |
|
438 |
|
TrainingCentre-HLC |
|
(89) |
|
89 |
|
|
TrinityMarket |
|
27,500 |
(25,880) |
|
1,620 |
|
|
151,328 |
579,594 |
680,811 |
223 |
50,334 |
| Theunrestrictedfundsofthecharitycomprisethe |
Theunrestrictedfundsofthecharitycomprisethe |
unexpendedbalancesofdonationsandgrants |
unexpendedbalancesofdonationsandgrants |
unexpendedbalancesofdonationsandgrants |
whichare |
| notsubjecttospecificconditionsby |
donorsandgrantorsastohowtheymaybe |
|
|
used.Theseinclude |
|
| designatedfundswhichhavebeensetasideoutofunrestrictedfundsbythetrusteesforspecific |
|
|
|
|
purposes. |
|
At 1 April |
Incoming |
Resources |
Transfers |
At31March |
|
2023 |
resources |
expended |
|
2024 |
|
£ |
£ |
£ |
£ |
£ |
| Generalfunds |
519,579 |
163,250 |
(325,387) |
(16,816) |
340,626 |
| Previous year: |
At1 April |
Incoming |
Resources |
Transfers |
At31March |
|
2022 |
resources |
expended |
|
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Generalfunds |
367,689 |
335,611 |
(183,497) |
(223) |
519,579 |
|
Un restricted |
Restricted |
Total |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
|
£ |
£ |
£ |
| At31March 2024: |
|
|
|
| Tangibleassets |
8,153 |
37,763 |
45,916 |
| Currentassets/(liabilities) |
347,171 |
(9,713) |
337,458 |
|
355,324 |
28,050 |
383,374 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| At31March 2023: |
|
|
|
| Tangibleassets |
6,900 |
35,669 |
42,569 |
| Currentassets/(liabilities) |
512,679 |
14,665 |
527,344 |
|
519,579 |
50,334 |
569,913 |
| R-EVOLUTION |
R-EVOLUTION |
|
|
| NOTESTOTHEFINANCIALSTATEMENTS(CONTINUED) |
|
|
|
| FORTHEYEARENDED31MARCH2024 |
|
|
|
| 22 |
Cashgeneratedfromoperations |
2024 |
2023 |
|
|
£ |
£ |
|
(Deficit)/surpusfortheyear |
(186,540) |
50,897 |
|
Adjustmentsfor: |
|
|
|
Investmentincomerecognisedinstatementoffinancialactivities |
(10,528) |
(1,287) |
|
Depreciationandimpairmentoftangiblefixedassets |
14,522 |
12,063 |
|
Movementsinworkingcapital: |
|
|
|
(lncrease)/decreaseinstocks |
(4,339) |
15,356 |
|
Decrease/(increase)indebtors |
177,690 |
(73,432) |
|
(Decrease)/increaseincreditors |
(57,965) |
55,525 |
|
(Decrease)/increaseindeferredincome |
(44,203) |
109,500 |
|
Cash(absorbedby)/generatedfromoperations |
(111,363) |
168,622 |