| CONTENTS | ||||
|---|---|---|---|---|
| Report ofthe | Trustees | |||
| Independent | Examiner's | Report | ||
| Statement of | Financial | Acfivities | 10 | |
| Balance Sheet | 11 | |||
| Notes tothe | Accounts | |||
| Reference and Administrative | Details ofthe Charity | 26 |
| Current financial | year | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | ||||||
| Notes | 2023 6 |
2023 6 |
2023f | 2022 6 |
|||
| Income from: | |||||||
| Donations | 41,855 | 29,874 | 71,729 | 117,443 | |||
| Other fundraising | activities | 52,675 | 52,675 | 48,153 | |||
| Total income | 94,530 | 29,874 | 124,404 | 165,598 | |||
| ~Ex endi l~n: | |||||||
| Raising funds | 5 | 7,347 | 7,347 | 8,290 | |||
| Charitable activities |
6 | 99,063 | 68,186 | 167,249 | 149,668 | ||
| Total expenditure | 106,410 | 68,186 | 174,596 | 157,958 | |||
| Net (expenditure)fincome | forthe year/ | ||||||
| Net movement in |
funds | (11,880) | (38,312) | (50,192) | 7,638 | ||
| Fund balances at | 1 April 2022 | 140,533 | 55,141 | 195,674 | 188,038 | ||
| Fund balances at 31March 2023 | 128,653 | 16,829 | 145,482 | 195,674 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | ||||||
| Fixed assets | |||||||
| Tangible assets | 20,480 | 26,624 | |||||
| Cunent assets | |||||||
| Stocks | 12 | 16,830 | 27,971 | ||||
| Debtors | 13 | 14,098 | 41,947 | ||||
| Cash at bank and in | hand | 94,673 | 103,243 | ||||
| 125,599 | 173,161 | ||||||
| Creditors: | amounts | falling due within | |||||
| one year | (597) | (4,111) | |||||
| Net current | assets | 125,002 | 169,050 | ||||
| Total assets less current liabilities | 145,482 | 195,674 | |||||
| Income funds | |||||||
| Restricted | funds | 16 | 16,829 | 55,141 | |||
| Unrestdicted | funds | ||||||
| Designated | funds | 17 | 54,893 | 54,893 | |||
| General unrestricted | funds | 73,760 | 85,640 | ||||
| 128,653 | 140,533 | ||||||
| 145,482 | 195,874 |
| Current Year | Current Year | General | Restricted | |
|---|---|---|---|---|
| Funds | Funds | Total | ||
| 2023 | 2023 | 2023 | ||
| 5 | 5 | 5 | ||
| Donations | and gilts | 21,149 | 21,149 | |
| Grants | 20,706 | 29,850 | 50,556 | |
| Dressing stock donations | 24 | 24 | ||
| 41,855 | 29, 874 | 71,729 | ||
| Prior Year | General | Restricted | ||
| Funds | Funds | Total | ||
| 2022 | 2022 | 2022 | ||
| 5 | 8 | |||
| Donations | and giRs | 23,201 | 23,201 | |
| Grants | 78,431 | 78,431 | ||
| Dressing stock donations | 15,811 | 15,811 | ||
| 23,201 | 94,242 | 117,443 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| 8 | ||||
| Sustainable | Fashion Sales | 14,032 | 10,204 | |
| Fundraising | events | 28,315 | 16,801 | |
| Shop income | 1,280 | 3,341 | ||
| Cycle for Smart | Works | 9,048 | 17,807 | |
| Other fundraising | activities | 52,675 | 48,153 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| 8 | ||||
| Fundraising | and publicity | |||
| Staging fundraising | events | 7,347 | 8,182 | |
| Marketing | Costs | 108 | ||
| 7,347 | 8,290 |
| Charitable | Charitable | |||||||
|---|---|---|---|---|---|---|---|---|
| Expenditure | Expenditure | |||||||
| 2023 | 2022 | |||||||
| f | 8 | |||||||
| Staffcosts | 73,779 | 64,319 | ||||||
| Premises related direct expenditure | 68,620 | 61,352 | ||||||
| Other direct | expenditure | 13,195 | 18,551 | |||||
| General and | oflice | expenditure | 3,220 | |||||
| 158,814 | 144,222 | |||||||
| Share ofsupport costs (see note 7) | 7,580 | 4,641 | ||||||
| Share ofgovernance | cosis (see note 7) | 855 | 805 | |||||
| 167,249 | 149,668 | |||||||
| Analysis by |
fund | |||||||
| Unrestricted | funds | 99,063 | 83,257 | |||||
| Restricted funds | 68,186 | 66,411 | ||||||
| 167,249 | 149,668 | |||||||
| Support costs | ||||||||
| Support | Governance | 2023 | Supporl | Governance | 2022 | |||
| costs | costs | costs | costs | |||||
| 6 | f | 5 | 6 | 6 | ||||
| Other legal and | ||||||||
| professional | fees | 95 | 20 | 20 | ||||
| Stationery, pdnting |
and | |||||||
| postage | 3,723 | 3,723 | 2,639 | 2,839 | ||||
| Sundry expenditure | 2,621 | 2,621 | 1,953 | 1,953 | ||||
| Bank charges | 85 | 29 | 29 | |||||
| Staff Related | Costs | 1,058 | 1,056 | |||||
| Governance | costs | 855 | 805 | 805 | ||||
| 7,580 | 855 | 8,435 | 4,641 | 805 | 5,446 | |||
| Analysed between |
||||||||
| Charitable activities |
7,580 | 855 | 8,435 | 4,641 | 805 | 5,446 |
| 2023 | 2022 | ||
|---|---|---|---|
| Number | Number | ||
| Employment | costs | 2023 | 2022 |
| 6 | 6 | ||
| Wages and salaries | 72,414 | 64,398 | |
| Social security | costs | 184 | (1,362) |
| Other pension | costs | 1,181 | 1,283 |
| 73,779 | 64,319 |
| Tangible fix | ed asset | s | |
|---|---|---|---|
| Leasehold improvements | |||
| 5 | |||
| Cost | |||
| At 1 April 2022 | 29,B98 | ||
| At 31 March | 2023 | 29,698 | |
| Depreciagon | and impairment | ||
| At 1 April 2022 | 15,360 | ||
| Depreciation | charged | in the year | (6,144) |
| At 31 March | 2023 | 9,216 | |
| Carrying amount | |||
| At 31 March | 2023 | 20,480 | |
| At 31 March | 2022 | 26,624 |
| 12 | Stocks | |||||
|---|---|---|---|---|---|---|
| 2022 | ||||||
| 8 | ||||||
| Dressing | Stock | 16,830 | 27,971 | |||
| 13 | Debtors | |||||
| 2023 | 2022 | |||||
| Amounts | falling due | within one year. | 8 | |||
| Other debtors | 18,210 | |||||
| Prepayments | and accrued income | 14,096 | 23,737 | |||
| 14,096 | 41,947 | |||||
| 14 | Creditors: amounts | falling due within one year | ||||
| 2023 | 2022 | |||||
| 8 | 8 | |||||
| Accruals and | deferred | income | 597 | 4,111 |
| 16Restricted Funds | 16Restricted Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| The income funds of | the charity indude restricted funds | comprising | the following | unexpected | balances of | ||||
| donations | and grants | held | on trust for | specific purposes: | |||||
| Balance | Balance | ||||||||
| 1 | Apdl | 31March | |||||||
| 2022 | Income | Expenditure | 2023 | ||||||
| Cunsnt | Year Restdcted | Funds | 6 | 8 | 6 | ||||
| SWC Career Coaching | BoA | 12,825 | (12,825) | ||||||
| University | ofReading | Interns | 5,985 | (5,985) | |||||
| Reading | Borough Council | —Outreach | interns | ||||||
| Oxford Brookes | 400 | (400) | |||||||
| John Lewis Partnership | Foundation | 27,170 | (27,1?0) | ||||||
| SWC Career Coaching | (NLF) | 8,640 | (8,640) | ||||||
| Dressing | stock | 27,971 | 23 | (11,165) | 16,829 | ||||
| 55,141 | 27,873 | (66,185) | 16,829 |
| Batsneo | Balance | |||||
|---|---|---|---|---|---|---|
| 1April | 31March | |||||
| Prior Year Restricted | Funds | 2021 6 |
Income 8 |
Expenditure 8 |
2022 8 |
|
| BCFDirect toyour Door | 1,015 | (1,015) | ||||
| BCFReddtt | 4,860 | (4,860) | ||||
| SWC Career Coaching | BoA | 6,275 | (6,275) | |||
| Reading Borough Council Local | 10,241 | (10,241) | ||||
| SCJohnson | 5,000 | (5,000) | ||||
| BCFAscot Racecourse | 5,000 | (5,000) | ||||
| Arnold Clarke Automotive |
1,000 | (1,000) | ||||
| University ofReading Interns |
1,860 | (1,890) | ||||
| Reading Borough Council —Outreach | interns | 1,260 | (1,260) | |||
| Oxford Brookes | 400 | (400) | ||||
| Mobbs Memorial Trust | 3,065 | (3,065) | ||||
| Newbury Building Society |
500 | (500) | ||||
| BCFVital for Berkshire | 5,000 | (5,000) | ||||
| John Lewis Partnership | Foundation | 29,640 | (2,470) | 27,170 | ||
| Louis Baylis Trust | 2,000 | (2,000) | ||||
| Gerald Palmer Eling Trust | 5,000 | (5,000) | ||||
| SWC Career Coaching | (NLF) | 2,160 | (2,160) | |||
| Dressing stock | 21,435 | 15,811 | (9,275) | 27,971 | ||
| 27,310 | 94,242 | (66,411) | 55,141 |
| unrestricted | funds by t |
he tru | stees for spedfi | c purposes: | |||
|---|---|---|---|---|---|---|---|
| Balance at | Movement | Movement | Balance | Novement Bahnce at31 | |||
| 1April | at 1April | INamh 2023 | |||||
| 2021 | 2022 | ||||||
| Designated | Expansion | and | |||||
| Accessibility | Fund | (38,000) | |||||
| Designated | 2025 Fund | 54,893 | 54, 893 | 54,893 | |||
| (38,000) | 54, 893 | 54,893 | 54,893 |
| 8Analysis ofnet assets betwee | n funds | |||
|---|---|---|---|---|
| Current Year | General | Designated | Reshicted | |
| Funds | Funds | Funds | Total | |
| 2023 | 2023 | 2023 | 2023 | |
| 6 | 6 | 6 | ||
| Tangible assets | 20,480 | 20,480 | ||
| Current assets | 53,280 | 54,893 | 16,829 | 125,002 |
| 73,760 | 16,829 | 145,482 | ||
| Prior Year | General | Designated | Restricted | |
| Funds | Funds | Funds | Total | |
| 2022 | 2022 | 2022 | 2022 | |
| 6 | 6 | 6 | 5 | |
| Tangible assets | 26,624 | 26,624 | ||
| Current assets | 59,016 | 54,893 | 169,050 | |
| 85,640 | 54,893 | 55,141 | 195,674 |
| non-cancellable operating leases, which fall due as follo |
py ws: |
|
|---|---|---|
| 2023 | 2022 | |
| f | f | |
| VNthin one year | 56,383 | 56,383 |
| Between two and five years | 131,561 | 187,298 |
| 187,944 | 243,681 |
| R THE YEAR | ENDE | D 31MARCH | 2023 | |||
|---|---|---|---|---|---|---|
| 23Pdor financial | year | |||||
| Notes | Unrestricted | Restricted | 2022 | |||
| Funds | Funds | Total | ||||
| 6 | 6 | |||||
| Income and endowments | from: | |||||
| Donations and legacies |
23,201 | 94,242 | 117,443 | |||
| Other fundraising | acbvi&es | 48,153 | 41,153 | |||
| Total Income | 71,354 | ~94242 | ~165596 | |||
| Expenditure on: |
||||||
| Raising Funds | &.290 | 8,290 | ||||
| Charitable acgvi&es |
83,257 | 66,411 | 149,&68 | |||
| Toad expenditure | 91547 | 66,411 | 157,958 | |||
| Net (expenditure)income | forthe year/ | (20,193) | 27,831 | 7,638 | ||
| Net movement in funds |
||||||
| Funds balances at | 1 April 2021 | 160,726 | 27,310 | 188,036 | ||
| Fund balances at | 31 March 2022 | 140,533 | 55,141 | 195,674 |