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|---|---|---|---|---|
|Reference and administrative|details ofthe Charity,|its Trustees|and advisers||
|Trustees'
report||||2-5|
|Independent
auditors'
report|on the financial statements|||6-9|
|Consolidated
statement
offinancial activities||||10|
|Consolidated
balance sheet|||||
|Charity balance sheet||||12|
|Notes to the financial statements||||13-29|
|Trustees||||J Bonehill|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||A Claytor (resigned|||4|July 2022)|||
|||||A Dodds|||||||
|||||S Dukes|||||||
|||||J Fleming|(appointed|||21 November||2022)|
|||||T Levitt|||||||
|||||R Maverick (appointed||||9 November||2022)|
|||||L Melvin|||||||
|||||J Moore (appointed|||9|November|2022)||
|Company||registered|||||||||
|number||||08991099|||||||
|Charity registered|||||||||||
|number|and||Scottish||||||||
|Charity registered|||||||||||
|number||||11618098 SC046556|||||||
|Registered|||office|Unit 8|||||||
|||||Elm Court|||||||
|||||Meriden
Business Park|||||||
|||||Copse Drive|||||||
|||||Coventry|||||||
|||||CV5 9RG|||||||
|Company||secretary||C Bennett|||||||
|Chief executive officer||||S Dukes|||||||
|Independent|||auditors|Bishop Fleming||LLP|||||
|||||Chartered|Accountants||||||
|||||1-3College Yard|||||||
|||||Worcester|||||||
|||||WR1 2LB|||||||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2021|
||||Note|F|E||
|INCOME FROM:|||||||
|Donations||||1,312,557|1,312,557|97,083|
|Charitable
activities||||||1,150|
|Other trading
activities||||4,343,232|4,343,232|4,360,215|
|Other income||||404,773|404,773|536,643|
|TOTAL INCOME||||6,060,562|6,060,562|4,995,091|
|EXPENDITURE ON:|||||||
|Raising funds for trading||activities||4,748,110|4,748,110|4,696,135|
|Charitable
activities||||2,520|2,520|3,037|
|TOTAL EXPENDITURE||||4,750,630|4,750,630|4,699,172|
|NET MOVEMENT|IN FUNDS|||1,309,932|1,309,932|295,919|
|RECONCILIATION|OF|FUNDS:|||||
|Total funds brought|forward|||1,969,905|1,969,905|1,673,986|
|Net movement
in funds||||1,309,932|1,309,932|295,919|
|TOTAL FUNDS CARRIED FORWARD||||3,279,837|3,279,837|1,969,905|
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2022|2022|2021|
|F|E||
|1,312,557|1,312,557|97,083|
##
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2022
E|2022f|2021
E|
|||1,150|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022f|2022|2021|
|Sales||1,401,765|1,401,765|1,362,400|
|Interest|income|2,941,467|2,941,467|2,997,815|
|||4,343,232|4,343,232|4,360,215|
##
||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||E|E||
|Other|operating|income|404,773|404,773|536,643|
##
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022f|2022f|2021
F|
|Trading expenses||2,757,621|2,757,621|2,616,519|
|Staff costs||1,044,972|1,044,972|1,189,139|
|Depreciation|and amortisation|217,002|217,002|126,831|
|Marketing||208,198|208,198|324,971|
|Administration|expenses|1,787|1,787|5|
|Interest payable||501,015|501,015|426,249|
|Administration|staff costs|17,515|17,515|12,421|
|||4,748,110|4,748,110|4,696,135|
##
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|||Unrestricted|||
|---|---|---|---|---|
|||funds|Total|Total|
|||2022|2022|2021|
|||F||E|
|Support|costs|2,520|2,520|3,037|
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|||Other|costs|Total|Total|
|---|---|---|---|---|---|
||||2022f|2022f|2021
E|
|Support|costs||2,520|2,520|3,037|
|TOTAL|2021||3,037|3,037||
##
|||Support|Total|Total|
|---|---|---|---|---|
|||costs|funds|funds|
|||2022f|2022
E|2021|
|Charitable|activities|2,52Q|2,520|3,Q37|
|TOTAL 2021||3,037|3,037||
##
||Total|Total|
|---|---|---|
||funds|funds|
||2022|2021|
|||E|
|Audit fees|2,520|2,520|
|Insurance||470|
|Genera! costs||47|
||2,520|3,037|
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|||||||2022f|2021|
|---|---|---|---|---|---|---|---|
|Fees payable|to the Charity's|auditor|for|the audit ofthe Group's|annual|||
|accounts||||||22„750|18,700|
|Fees payable|to the Charity's|auditor|in respect of:|||||
|All taxation
advisory services||not included||above||1,815|1,650|
##
|||||Group|Group|
|---|---|---|---|---|---|
|||||2022|2021|
|||||f.|E|
|Wages and|salaries|||856,211|1,002,287|
|Social security costs||||122,304|113,547|
|Contribution|to defined|contribution|pension schemes|83,972|85,726|
|||||1,062,487|1,201,560|
||Group|Group|
|---|---|---|
||2022|2021|
||No.|No.|
|Employees|29|36|
|Group|Group|
|---|---|
|2022|2021|
|No.|No.|
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||Development|
|---|---|
||expenditure|
|COST||
|At 1 January 2022|583,935|
|Additions|386,300|
|At 31 December 2022|970,235|
|AMORTISATION||
|At 1 January 2022|195,368|
|Charge for the year|199,974|
|At 31 December 2022|395,342|
|NET BOOK VALUE||
|At 31 December 2022|574,893|
|At 31 December 2021|388,567|
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|||Fixtures and|Office|Computer||
|---|---|---|---|---|---|
|||fittingsf|equipment|equipment|Total
E|
||COST OR VALUATION|||||
||At 1 January 2022|64,864|6,103|17,243|88,210|
||Additions|4,163|||4,163|
||At 31 December 2022|69,027|6,103|17,243|92,373|
||DEPRECIATION|||||
||At 1 January 2022|27,535|6,103|17,243|50,881|
||Charge for the year|17,028|||17,028|
||At 31 December 2022|44,563|6,103|17,243|67,909|
||NET BOOK VALUE|||||
||At 31 December 2022|24,464|||24,464|
||At 31 December 2021|37,329|||37,329|
|16.|DEBTORS|||||
|||Group|Group|Charity|Charity|
|||2022|2021|2022|2021|
|||F||f.||
||DUE WITHIN ONE YEAR|||||
||Trade debtors|175,703|250,279|||
||Amounts
owed by group undertakings|||6,023|3,623|
||Other debtors|8,862,541|7,331,752|||
||Prepayments
and accrued income|137,805|88,156|||
|||9,176„049|7,670,187|6,023|3,623|
##
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||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2022|2021|2022f|2021|
|Other loans|||250,011|1,745,960|||
|Trade creditors|||570,083|708,307|||
|Other taxation|and social security||33,047|136,994|||
|Accruals and deferred||income|525,591|768,377|7,610|5,090|
||||1,378,732|3,359,638|7,610|5,090|
##
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|||Group|Group|
|---|---|---|---|
|||2022|2021|
|||f||
|Other loans||6,194,085|3,756,957|
|Included
within the above are amounts|falling due as follows:|||
||||Group|
|||Group|As restated|
|||2022
f|2021|
|BETWEEN ONE AND TWO YEARS||||
|Other loans||3,404,029|2,504,040|
|BETWEEN TWO AND FIVE YEARS||||
|Other loans||1,349,696||
|OVER FIVE YEARS||||
|Other loans||1„440,360|1,252,917|
##
|||||Balance at|
|---|---|---|---|---|
||Balance at 1|||31|
||January|||December|
||2022|Income|Expenditure|2022|
||E|F|f.|f,|
|UNRESTRICTED FUNDS|||||
|General Funds - all funds|(1,627,178)|4,748,005|(4,750,630)|(1,629,803)|
|Other income|3,597,083|1,312,557||4,909,640|
||1,969,905|6,060,562|(4,750,630)|3,279,837|
##
||Balance at|||Balance at|
|---|---|---|---|---|
||1 January|||31|
||2019(as|||December|
||restated)|Income|Expenditure
E|2021f|
|UNRESTRICTED FUNDS|||||
|General Funds - all funds|(1,826,014)|4,898,008|(4,699,172)|(1,627,178)|
|Other income|3,500,000|97,083||3,597,083|
||1,673,986|4,995,091|(4,699,172)|1,969,905|
##
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|||||Balance at|
|---|---|---|---|---|
||Balance at 1|||31|
||January|||December|
||2022|Income|Expenditure|2022|
|||E||E|
|General funds|1,969,905|6,060,562|(4,750,630)|3,279,837|
|SUMMARY OF FUNDS - PRIOR YEAR|||||
|||||Balance at|
||Balance at|||31|
||1 January|||December|
||2021|Income|Expenditure|2021|
||||E|f.|
|General funds|1,673,986|4,995,091|(4,699,172)|1,969,905|
##
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2022|
|||||F||
|Tangible|fixed|assets||24,464|24,464|
|Intangible|fixed||assets|574,893|574,893|
|Current assets||||10,253,297|10,253,297|
|Creditors|due|within one year||(1,378,732)|(1,378,732)|
|Creditors|due|in more than one year||(6,194,085)|(6,194,085)|
|TOTAL||||3,279,837|3,279,837|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
|Tangible|fixed assets|37,329|37,329|
|Intangible|fixed assets|388,567|388,567|
|Current assets||8,660,604|8,660,604|
|Creditors|due within one year|(3,359,638)|(3,359,638)|
|Creditors|due in more than one year|(3,756,957)|(3,756,957)|
|TOTAL||1,969,905|1,969,905|
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|payments|und|er non-cancellable
operating
leases as follows:|
||
|---|---|---|---|---|
||||Group|Group|
||||2022|2021|
|Not later than||1 year|'I5,780|30,030|
|Later than|1 year and not later than 5years|||14,250|
||||15,780|44,280|
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