2023-02-28-accounts

Reference and Administrative Details
Report ofthe Trustees	2 to	10
Independent Examiner's Report
Statement of Financial Activities	12
Balance Sheet	13 to	14
Cash Flaw Statement	15
Notes tothe Cash Flow Statement	16
Notes tothe Financial Statements	17 to	25
Detailed Statement of Financial Activities	26 to	27

							2023	2022
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes	E	E	E	E
Income and endowments			from
Donations snd legacies					952	867,576	868,528	86,562
Other trading activities					4,778		4,780	8,051
Investment	income							5,864
Total					5,730	867,578	873,308	100,477
Expenditure	on
Raising funds				5	2,379	30,377	32,756	12,238
Charitable	activities
Charitable					5,490	51,408	56,898	29,265
Total					7,869	81,785	89,654	41,503
NET INCOME/(EXPENDITURE)					(2,139)	785,793	783,654	58,974
Recondliatlon offunds
Total funds	brought	forward			14,076	150,815	164,891	105,917
Total funds	carried	forward			11,937	936,608	948,545	164.891

			2023	2022
		Notes	6	E
Fixed assets
Tangible assets		12	1,040,022	101,091
Current assets
Debtors			50,581	4,066
Prepayments	and accrued income		2,900	5,806
Cash at bank	and in hand		45.230	106,815
			98,711	116,687
Creditors
Amounts falling due within one year		14	(141,622)	(6,685)
Net current	assets		(42,911)	110,002
Total assets	less current liabilities		997,111	211,093
Creditors
Amounts falling due after more than one year		15	(48,566)	(46,202)
NET ASSETS			948,545	164,891
Funds
Vnrestricted	funds:
General fund			11,938	14,076
Restricted funds:
Restricted			936,607	150,815
Totalfunds			948,545	164,891

				2023	2022
			Notes	E	E
Cash flaws from operating	activities
Cash generated from operations				892,497	53,315
Interest paid				(2,364)	(2,066)
Net cash provided by operating activities				890,133	51.249
Cash flows from investing	activities
purchase oftangible fixed	assets			(954,082)	(35,401)
Interest received					5,864
Net cash used in Investing	activities			(954,082)	(29.537)
Cash flaws from financing	activities
New loans in year				2,364	46,202
Net cash provided by finandng activities				2,364	46,202
Change In cash and cash equivalents		in the
reporting pedod				(61,585)	67,914
Cash and cash equivalents	at the beginning
ofthe reporting period				106,815	38,901
Cash and cash equhralents	at the end	of
the reporting pedod				45,230	106,815

RECONCI	LIAT	ION O	F lilET gilC	OME TO NET CASH FLOW FROM OPERATING ACTIV	ITIES
					2023	2022
					E	E
Net income forthe			reporting	period (as per the Statement of Financial
Activities)					783,654	58,974
Ad)ostme nts		for:
Depreciation		charges			15,151	1,170
Interest	received					(5,864)
interest	paid				2,364	2,066
Increase	in debtors				(43,609)	(5,934)
Increase	in creditors				134,937	2,903
Net cash	provided		by operations		892,497	53,315
ARIALYSIS OF CHANGES IN NET FUNDS/(DEBT)
				At 1.3.22	Cash flow	At 28.2.23
				f	E	E
Net cash
Cash at bank		and in	hand	106,815	(61,585)	45,230
				106,815	(61.585)	45,230
Debt
Debts falling		due after 1year		(46,2D2)	(2,364)	(48,566)
				(46,202)	(2,364)	(48,566)
Total				60,613	(63,949)	(3,336)

				2023	2022
				f	f
Donations				2,482	1,763
Grants				866,046	&4,799
				868,528	86,562
Grants received, mcluded			in the above, are as follows:
				2023	2022
				f	f
Pilgrims	Trust			12,809
Co-op Grant					10,000
Lottery	Community	Grant			9,985
AFIAC				4,430	6,472
Heritage	Compass				2,500
Heritage	Fund			824,337	54,842
Country	Houses Grant			12,000
Historic	Houses Grant			12,000
Other grants				470
				866,046	84,799
OTHER	TRADING ACTIVITIES
				2023	2022
				f	f
Fundraising events				4,780	8,051

				2023	2022
				E	E
Deposit account interest					5,864
RAISING FUNDS
Raising donations		and legades
				2023	2022
				E	E
Fundraising	expenditure			19,310	3,993
Other trading activities
				2023	2022
				E	E
Room hire				10	10
Repairs gr	renewals			241
Subcontractors				13,195	8,235
				13,446	8,245
Aggregate	amounts			32,756	12,238
CHARITABLE ACTIVITIES COSTS
				Support
			Direct	costs (see
			Costs	note 7)	Totals
			E	E	E
Charitable			39,383	17,515	56,898

				Governance
			Management	costs	Totals
			f	6	f
Charitable			15,151	2,364	17,515
NET INCOME/(EXPENDITURE)
Net Income/(expenditure)		is stated after charging/(crediting):
				2023	2022
				E	E
Depreciation	—owned assets			15,151	1,170

STAFF COSTS
					2023	2022
					f	f
Wages and salaries					9,454	19,799
Social security	costs					31
Other pension	costs				496	455
					9,950	2D,265
The average monthly		number of employees		during the year was as follows:
					2023	2022
No employees	received emoluments		in excess of660,0DD.

COMPARAT		IVES FOR THE	STATEMEhfT OF FINANG	AL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
				E	E	E
Income and		endowments	from
Donations and legacies				L763	84,799	86,562
Other trading activities				8,051		8,051
Investment		income		5,864		5,864
Total				15.678	84,799	100,477
Expenditure		on
Raisingfunds				4,003	8,235	12,238
Chaditable	actlvkies
Charitable				6,333	22,932	29,265
Total				10,336	31,167	41,503
NET INCOME				5,342	53,632	58,974
Reconclgatlon offunds
Total funds		brought forward		8,734	97,183	105,917
Total funds		carried forward		14,076	150,815	164,891

TANGIBLE FIXEDASSETS
			Fixtures
	Long	Plant and	and	Computer
	leasehold f	machinery f	fittings f	equipment f	Totals f
COST
At 1March 2022	102,417	287		239	102,943
Additions	936,792	6,288	11.002		954,082
At 28 February 2023	1,039,209	6,575	11,002	239	1,057,025
DEPRECIATION
At 1March 2022	1,720	72		60	1,852
Charge for year	10,696	1,644	2,751	60	15,151
At 28 February 2023	12,416	1,716	2,751	120	17,003
NET BOOK VALUE
At 28 February 2023	1,026,793	4,859	8,251	119	1,040,022
At 28 February 2022	100,697	215		179	101,091

				2023	202.I
				E	E
Trade creditors				131,312	4,098
Social security and other	taxes			18	388
Other creditors				8,225	199
Wages control				17
Pension control				50
Accruals and deferred income				2,0DD	2,000
				141,622	6,685
CREDITORS: AMDUNTS	FALLING DUE AFTER IYIORE THAN ONE		YEAR
				2023	2022
				f	f
Bank loans (see note 16)				48,566	46,202
LOANS
An analysis ofthe maturity ofloans is given below;
				2023	2022
				E	f
Amounts falling between	one and two years:
Bank loans - 1-2years				48,566
Amounts falling due between two and five years:
Bank loans - 2-5years					46,202
ANALYSIS OF NET ASSETS BETWEEN FUNDS
				2023	2022
	Unrestricted		Restricted	Total	Total
	fund		fund	funds	funds
	f		f	f	f
Fixed assets		334	1,039,688	1,040,022	101,091
Current assets	70,861		27,850	98,711	116,687
Current liabilities	(10,691)		(130,931)	(141,622 )	(6,685)
Long term liabilities	(48,566)			(48,566)	(46,202)
	11,938		936,607	948,545	164,891

MOVEMENT	IN	FUNDS
						Nat
						movement	At
					At 1.3.22	in funds	28.2.23
Unrestricted	funds				E	f	f
General fund					14,076	(2,138)	12.938
Restricted funds
Restricted					150,815	785,792	936,607
TOTAL FUNDS					164,891	783,654	948,545
Net movement		in funds, Included		in the above are as follows:
					incoming	Resources	Movement
					resources	expended	in funds
					E	f	f
Unrestricted	funds
General fund					5,730	(7,868)	(2,138)
Restricted funds
Restricted					867,578	(81,786)	785,792
TOTAL FUNDS					873,3DS	(89654)	783654
Comps ratives	for movement		in funds
						Net
						movement	At
					At 1.3.21	in funds	28.2.22
						f	E
Unrestricted	funds
General fund					8,734	5,342	14,076
Restdcted funds
Restricted					97,183	53,632	150,815
TOTALFUNDS					105,917	58,974	164,891

		incoming	Resources	Movement
		resources	expended	in funds
			E	E
Unrestricted	funds
General fund		15,678	(10.336)	3,342
Restricted funds
Restricted		84,799	(31,167)	53,632
TDTAL FUNDS		100477	(41503)	58974

		2023f	2022 E
Income and endowments
Donations and legacies
Donations Grants		2,482 866,046	1,763 84,799
		868.528	86,562
Other trading activities
Fundraising events		4,780	8,051
Investment income
Deposit account interest
Total Incoming resources		873,308	100,477
Expenditure
Raising donations	and legacies
Fundraising expenditure		19,310	3,993
Other trading activities
Room hire Repairs 8renewals		10 241	10
Subcontractors		13,195	8,235
		13,446	8,245
Charitable activities
Wages		9,454	19.799
Social security			31
Pensions		496	455
Rates and water		188
Insurance		9,317
Light and heat		216
Telephone		37
Postage and stationery		476	132
Advertising		515
Sundries		1,959	709
Travelling		387
Accounting		2,000	1,800
Subscriptions		947	841
Bank charges		145	129
Carried forward		26,137	24,842

	2023	2022
	E	E
Charitable activities
Broughtforward Legal &Professional Irrecoverable VAT website costs	26,137 4,033 8,538 675	24,842 13 511 663
	39,383	26,029
Support costs
Management
Long leasehold Plant and machinery	10,696 1,644	1,038 72
Fixtures and fittings	2,751
Computer equipment	60	60
	15,151	1,170
Governance costs
Loan	2,364	2,066
Total resources expended	89,654	41,503
Net income	783,654	58,974