|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|
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||||||||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|