2023-07-31-accounts - The John Burns Foundation

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		Page
Report ofthe Trustees		1 to	7
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		10
Cash Flow Statement
Notes tothe Cash Flow	Statement	12
Notes tothe Financial Statements		13 to	25
Detailed Statement ofFinancial Activities		26 to	28

	for	the Year E	nded 31st Jul	2023
					31.7.23	31.7.22
			Unrestricted	Restricted	Tota I	Total
			fund	funds	funds	funds
		Notes	E	E	f	6
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	194,631		194,631	204,574
Charitable activities
General charitable activities				6,472	6,472	99,034
Better Tomorrow				93,053	93,053
Other trading activities		3	102,334		102334	46092
Investment income		4	123,076		123,076	119,119
Other income			9,119		9,119
Total			429,160	99,525	528,685	468,819
EXPENDITURE ON
Raising funds		6	188,849		188,849
Charitable activities
General charitable activities			147,092	6,472	153,564	456,354
Better Tomorrow			10,149	101,577	111,726
Burns In The Community			55,319		55,319
Burns ByYour Side			154,648		154,648
Total			556,057	108,049	664,106	456,354
NET INCOME/(EXPENDITURE)			(126,897)	(8,524)	(135,421)	12,465
Transfers between funds		19	310	(310)
Net movement in funds			(126,587)	(8,834)	(135,421)	12,465
RECONCILIATION OF FUNDS
Tota I funds brought forward			1,817,233	8,834	1,826,067	1,813,602
TOTAL FUNDS CARRIED FORWARD			1,690,646		1,690,646	1,826,067

	Balance Sheet	Balance Sheet	Balance Sheet
	~31	tl	I 2023
					31.7.23	31.7.22
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
	Notes		E	E	E	f
FIXEDASSETS
Tan gib le as sets	13		101,745		101,745	75,013
Investment property	14		1,198,105		1,198,105	1,161,044
			1,299,850		1,299,850	1,236,057
CURRENT ASSETS
Debto rs	15		33,005		33,005	41,523
Cash at bank and in hand			396,502		396,502	677,129
			429,507		429,507	718,652
CREDITORS
Amounts falling due within one year	16		(27,387)		(27,387)	(128,642)
NET CURRENT ASSETS			402,120		402,120	590010
TOTAL ASSETS LESSCURRENT LIABILITIES		1,701,970			1,701,970	1,826,067
CREDITORS
Amounts falling due after more than one
year	17		(11,324)		(11,324)
NET ASSETS		1,690,646			1,690,646	1,826,067
FUNDS	19
Unrestricted funds					1,690,646	1,817,233
Restricted funds						8,834
TOTAL FUNDS					1,690,646	1,826,067

			Cash Flow Statement
		for	the Year Ended 31stJul	2023
				31.7.23	31.7.22
		Notes		E	E
Cash flows from operating	activities
Cash generated from operations			1	(212,924)	106,951
Interest paid				(934)
Net cash (used in)/provided	by operating		activities	(213,858)	106,951
Cash flows from investing	activities
Purchase oftangible fixed	assets			(43,777)	(43,886)
Purchase ofinvestment property				(37,061)	(158,716)
Net cash used in investing	activities			(80,838)	(202,602)
Cash flows from financing	activities
Capital repayments in year				14,069
Net cash provided by financing activities				14,069
Change in cash and cash equivalents		in
the reporting period				(280,627)	(95,651)
Cash and cash equivalents	at the
beginning ofthe reporting	period			677,129	772,780
Cash and cash equivalents	at the end
ofthe reporting period				396,502	677,129

RECONCILIAT ACTIVITIES	ION OF	NET (	EXPENDITURE)/IN	COME TO NET CASH FLOW	FROM OPERA	TING
					31.7.23	31.7.22
					f	E
Net (expenditure)/income			for the reporting	period (as per the
Statement ofFinancial Activities)					(135,421)	12,465
Adjustments	for:
Depreciation	charges				17,045	7,367
Interest paid					934
Decrease/(increase)		in debtors			8,518	(41,523)
(Decrease)/increase		in creditors			(104,000)	128,642
Net cash (used in)/provided			by operations		(212,924)	106,951
ANALYSIS OF	CHANGES IN		NET FUNDS
				At 1.8.22	Cash flow	At 31.7.23
				f	f	E
Net cash
Cash at bank	and in hand			677,129	(280,627)	396,502
				677,129	(280,627)	396,502
Debt
Finance leases					(14,069)	(14,069)
					(14,069)	(14,069)
Total				677,129	(294,696)	382,433

OTHER TR	ADING	ACTIVIT	IES
					31.7.23	31.7.22
					E	E
Fundraising	events				5,652	400
Workshop	income					123
Room hire					62,943	21,646
Dog Park income					16,561	6,894
Dog training income					3,597	3,654
Refreshment sales					7,741	9,602
Community	activities				5,840	3,773
					102,334	46,092
INVESTMENT INCOME
					31.7.23	31.7.22
					f	f
Timber sales					123,076	119,119
INCOME FROM CHARITABLE ACTIVITIES
					31.7.23	31.7.22
			General
			charitable	Better	Tota I	Tota I
			activities	Tomorrow	activities	activities
			E	E	f	f
Grants			6,472	93,053	99,525	99,034
Grants received, included			in the above, are as follows:
					31.7.23	31.7.22
					E	E
Voluntary	Services Recovery Fund				19,791	17,887
Carmarthenshire		Council				501
The Tree	Council				825
Carried forward					20,616	18,388

				31.7.23	31.7.22
				f	f
Brought forward				20,616	18,388
Leader Outdoor and Conservation				21,716	12,223
National Lottery	- Sustainable		Steps	17,500
National Lottery	- Kitchen			34,046	58,423
Carmarthenshire	Council	—EV	Charger	5,647
National Lottery	- Harmonious		Hedging		10,000
				99,525	99,034
RAISING FUNDS
Raising donations	and legacies
				31.7.23	31.7.22
				E	E
Staff costs				76,015
Premises and admin costs				109,424
Depreciation				3,410
				188,849

CHARITABLE ACTIV	ITIES COSTS
			Support
		Direct	costs (see
		Costs f	note 9) f	Totals E
General charitable	activities	141,800	11,764	153,564
Better Tomorrow
		111,715	11	111,726
Burns ln The Community		55,312	7	55,319
Burns ByYour Side
		153,407	1,241	154,648
		462,234	13,023	475,257

						31.7.23	31.7.22
						E	E
General	charitable		activities				6,080
The total	grants	paid		to institutions	during the year was as follows:
						2023	2022
						E	f
Kidwelly	Community			Hub			6,080
							6,080

SUPPORT COSTS
			Governance
		Finance	costs	Totals
		E	E	E
General charitable	activities	2,151	9,613	11,764
Better Tomorrow
		11		11
Burns In The Community		7		7
Burns ByYour Side
		1,241		1,241
		3,410	9,613	13,023

		2023	2022
		E	E
Wages	and salaries	303,322	243,432
Social	security costs	27.007	22,662
Other	pension costs	26,267	20,120
		356,596	286,214

		Unrestricted	Restricted	Tota I
		fund	funds	funds
		E	f	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		204,574		204,574
Charitable activities
General charitable activities			99,034	99,034
Other trading activities		46,092		46,092
Investment income		119,119		119,119
Total		369,785	99,034	468,819
EXPENDITURE ON
Charitable activities
General charitable activities		408,167	48,187	456,354
NET INCOME/(EXPENDITURE)		(38,382)	50,847	12,465
Transfers between funds		42,013	(42,013)
Net movement in funds		3,631	8,834	12,465
RECONCILIATION OF FUNDS
Total funds brought forward		1,813,602		1,813,602
TOTAL FUNDS CARRIED FORWARD		1,817,233	8,834	1,826,067

TANGIBLE FIXEDASSETS
		Fixtures
	Plant and	and	Motor		Computer
	machinery f	fittings E	vehicles E		equipment E	Totals f
COST
At 1st August 2022	17,005	71,426		514	1,197	90,142
Additions	17,500	18,415	7,862			43,777
At 31stJuly 2023	34,505	89,841	8,376		1,197	133,919
DEPRECIATION
At 1st August 2022	9,928	4,663		11	527	15,129
Charge for year	5,989	8,984	1,673		399	17,045
At 31stJuly 2023	15,917	13,647	1,684		926	32,174
NET BOOK VALUE
At 31st July 2023	18,588	76,194	6,692		271	101,745
At 31stJuly 2022	7,077	66,763		503	670	75,013
INVESTMENT PROPERTY
FAIR VALUE
At 1st August 2022						1,161,044
Additions						37,061
At 31stJuly 2023						1,198,105
NET BOOK VALUE
At 31st July 2023						1,198,105
At 31st July 2022						1,161,044

15.	DEBTORS:AM	O	UNTS F	ALLING	DUE WITHIN O	NE YEAR
									31.7.23	31.7.22
									6	f
	Trade debtors								14,689	3,972
	Other debtors								7,824	23,605
	VAT								7,200	12,557
	Prepayments								3,292	1,389
									33,005	41,523
	Included within		other debtors		is an amount	due from	Burns	Pet	Nutrition Ltd of f7,824 (20
	622,899).
16.	CREDITORS: AMOUNTS			FALLING	DUE WITHIN	ONE YEAR
									31.7.23	31.7.22
									E	E
	Hire purchase	(see note		18)					2,745
	Trade creditors								14,123	99,698
	Taxation and social security								8,319	7,304
	Other creditors								2,200	21,640
									27,387	128,642
17.	CREDITORS: AMOUNTS			FALLING	DUE AFTER MORE THAN		ONE YEAR
									31.7.23	31.7.22
									E	E
	Hire purchase	(see note		18)					11,324
18.	LEASING AGREEMENTS
	Minimum lease		payments	under	hire purchase	fall due as	follows:
									31.7.23	31.7.22
									f	E
	Net obligations		repayable:
	Within one year								2,745
	Between one and five years								11,324
									14,069

MOVEM	ENT	IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.8.22	in funds	funds	31.7.23
			E	E	E	E
Unrestricted		funds
General	fund		1,817,233	(126,897)	310	1,690,646
Restricted funds
National	Lottery - Kitchen		8,834	(8,524)	(310)
TOTAL	FUNDS		1,826,067	(135,421)		1,690,646

				Incoming	Resources	Movement
				resources	expended	in funds
				E	E	f
Unrestricted funds
General fund				429,160	(556,057)	(126,897)
Restricted funds
Voluntary Services Recovery Fund				19,791	(19,791)
National Lottery	- Kitchen			34,046	(42,570)	(8,524)
Leader Outdoor	and Conservation			21,716	(21,716)
National Lottery	- Sustainable		Steps	17,500	(17,500)
The Tree Council				825	(825)
Carmarthenshire	Council	—EV Charger		5,647	(5,647)
				99,525	(108,049)	(8,524)
TOTAL FUNDS				528,685	(664,106)	(135,421)

				Net	Transfers
				movement	between	At
			At 1.8.21	in funds	funds	31.7.22
			E	E	E	f
Unrestricted		funds
General	fund		1,813,602	(38,382)	42,013	1,817233
Restricted funds
National	Lottery - Kitchen			50,847	(42,013)	8,834
TOTAL	FUNDS		1,813,602	12,465		1,826,067

		Incoming	Resources	Movement
		resources f	expended E	in funds E
Unrestricted funds
General fund		369,785	(408,167)	(38,382)
Restricted funds
Voluntary Services Recovery Fund		17,887	(17,887)
National Lottery	- Kitchen	58,423	(7,576)	50,847
Leader Outdoor	and Conservation	12,223	(12,223)
National Lottery	—Harmonious
Hedging		10,000	(10,000)
Carmarthenshire	Council	501	(501)
		99,034	(48,187)	50,847
TOTAL FUNDS		468,819	(456,354)	12,465

			Net	Transfers
			movement	between	At
		At 1.8.21	in funds	funds	31.7.23
		E	f	E	E
Unrestricted	funds
General fund		1,813,602	(165,279)	42,323	1,690,646
Restricted funds
National Lottery - Kitchen			42,323	(42,323)
TOTAL FUNDS		1,813,602	(122,956)		1,690,646

				Incoming	Resources	Movement
				resources	expended	in funds
				6	6	E
Unrestricted funds
General fund				798,945	(964,224)	(165,279)
Restricted funds
Voluntary Services Recovery Fund				37,678	(37,678)
National Lottery	—Kitchen			92,469	(50,146)	42,323
Leader Outdoor	and Conservation			33,939	(33,939)
National Lottery	- Harmonious
Hedging				10,000	(10,000)
Carmarthenshire		Council		501	(501)
National Lottery-		Sustainable	Steps	17,500	(17,500)
The Tree Council				825	(825)
Carmarthenshire		Council - EV Charger		5,647	(5,647)
				198,559	(156,236)	42,323
TOTAL FUNDS				997,504	(1,120,460)	(122,956)

		Detailed Statement	Activities
		for the Year Ended 31stJul	2023
				31.7.23	31.7.22
				E	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations				194,631	204,574
Other trading activities
Fundraising events				5,652	400
Workshop income						123
Room hire				62,943	21,646
Dog Park income				16,561	6,894
Dog training income				3,597	3,654
Refreshment sales				7,741	9,602
Community activities				5,840	3,773
				102,334	46,092
Investment income
Timber sales				123,076	119,119
Charitable activities
Grants				99,525	99,034
Other income
VAT recoverable				9,119
Total incoming resources				528,685	468,819
EXPENDITURE
Raising donations	and legacies
Wages				65,376
Socialsecurity				5,818
Pensions				4,821
Premises and admin costs				109,424
Plant and machinery				1,198
Fixtures and fittings				1,797
Motor vehicles				335
Computer equipment				80
				188,849

		Detailed Statement ofFinancial	Activities
		for the Year Ended 31stJul	2023
				31.7.23	31.7.22
				E	f
Raising donations	and leg	acies
Charitable activities
Wages				237,946	243,432
Socialsecurity				21,190	22,662
Pensions				21,446	20,120
Insurance				2,434	3,737
Telephone				5,865	897
Postage and stationery				3,890	1,341
Advertising				632	1,723
Sundries				3,661	6,173
Local projects				11,695	6,936
Travel and subsistence				5,937	4,069
Computer and software				3,899	5,761
Motor expenses				36,994	36,861
Clothing and logos				6,261	1,177
Consultancy and professio		na I fees		2,717	13,223
Premises costs				55,022	20,970
Woodland costs					9,261
Volunteer expenses				4,616	3,670
Miscellaneous purchases				103	1,880
Subscriptions				964	1,923
Training fees				229	1,587
Health and safety				3,722	4,394
Outreach work					2,328
Dog training/park	costs				2,495
Events					637
Refreshments costs					6,404
Rent				18,442	14,720
UK entertainment					768
Plant and machinery				4,791	4,037
Fixtures and fittings				7,187	2,925
Motor vehicles				1,338	11
Computer equipment				319	394
Hire purchase interest				934
Grants to institutions					6,080
				462,234	452,596
Supportcosts
Finance
Bank charges				1,780	908
Carried forward				1,780	908

	Detailed Statement ofFinancial	Activities
	for the Year Ended 31stJul	2023
			31.7.23	31.7.22
			E	E
Finance
Brought forward			1,780		908
Foreign exchange losses			1,630
			3,410		908
Governance costs
Accountancy and legal fees			9,613	2,850
Tota I resources expended			664,106	456,354
Net (expenditure)/income			(135,421)	12,465