2022-04-30-accounts - Brain Circle UK

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Contents ofthe Financial Statements	Contents ofthe Financial Statements
for	the year ended 30Aprg 2022
			Page
Report ofthe Trustees		I	to	2
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow	Statement
Notes to the Hnaudal Statements		8	to	11

		Brain Circle UK	Brain Circle UK
		Statement ofHnancial Activities
		for	the year ended 30April 2022
				2022	2021
				Unrestricted	Total
				fund	funds
			Notes	f,
INCOME	AND ENDOWMENTS FROM
Donations	and legacies			83,027	200,000
EXPENDITURE ON
Charitable	activifies
Charitable	activities			84,341	205,908
NET INCOME/(EXPENDITURE)				(1,314)	(5,908)
RECONCILIATION		OFFUNDS
Total funds brought forward				181,625	187,533
TOTAL FUNDS CARRIED FORWARD				180,311	181,625

			Cash Flow Statement
			forthe year ceded 30April 2022
				2022	2021
			Notes
Cash flows from operating	activities
Cash generated &om operations				(2,154)	(5,908)
Net cash used in operating	activities			(2,154)	(5,908)
Change ia cash and cash equivalents		in
the reportiag period				(2,154)	(5,908)
Cash and cash equivalents	at the
beginning ofthe reporting	period			184,025	189,933
Cash and cash equivalents	at the end	of
the reporting period				181,871	184,025

	RECONCILIATI ACTIVITIES	ON OFNET EXPENDITURE TO NET CASH FLOW FR	OM OPERATIN	G
			2022	2021
	Net expenditure	for tbe reporting period (asper the Statement of
	Financial Activities)		(1,314)	(5,908)
	Adjustments for:
	Decrease in creditors		(840)
	Net cash used in	operations	(2,154)	(5,908)
2.	ANALYSIS OF	CHANGES INNET FUNDS
		At 1.5.21	Cash flow	At 30.4.22
			f
	Net cash
	Cash at bank	184,025	(2,154)	181,871
		184,025	(2,154)	181,871
	Total	184,025	(2,154)	181,871

Restricted funds can only be used for particular restricted purposes within the objects ofthe cha arise when specified by the donor orwhen funds sre raised for particular restricted purposes.	Restricted funds can only be used for particular restricted purposes within the objects ofthe cha arise when specified by the donor orwhen funds sre raised for particular restricted purposes.	Restricted funds can only be used for particular restricted purposes within the objects ofthe cha arise when specified by the donor orwhen funds sre raised for particular restricted purposes.	rity. Restrictio
Further explanation ofthe nature and purpose ofeach fund is included in the notes to the financial			statements.
DONATIONS	AND LEGACIES
		2022	2021
Donations snd	gala tickets	83,027	200,000

CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
				2022	2021
Other cnxh'tots				1,560	2,400
MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.5.21	in funds	30.4.22
Unrestricted	funds
Geneml fund			181,625	(1,314)	180,311
TOTAL FUNDS			181,625	(1,314)	180,311
Net lnovement	in funds, included in the above		are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	funds
General fund			83,027	(84,341)	(1,314)
TOTAL FUNDS			83,027	(84,341)	(1,314)
Comparatives	for movement in funds
				Net
				movement	At
			At 1.5.20	in funds	30.4.21
					f
Unrestricted	funds
General fund			187,533	(5,908)	181,625
TOTAL FUNDS			187,533	(5,908)	181,625
Comparative	net movement	in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			8
Unrestricted	funds
General fund			200,000	(205,908)	(5,908)
TOTAL FUNDS			200,000	(205,908)	(5,908)