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|||Page|
|---|---|---|
|Charity informaton|||
|Trustees annual
report|||
|Independent
examiner's|report||
|Statement of Financial|Activities||
|Balance sheet|||
|Notes to the accounts|||
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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Note|Funds|Funds|2021|2020|
||||||E|E|E|E|
|Income and endowments|||from:||||||
|The Earley Charity|||||||||
|Donations
—Members'||Contributions|||570||570|450|
|Sale ofequipment|||||||||
|Reading Voluntary
Action|||for assessments||2,379||2,379||
|Total|||||2,949||2,949|450|
|Expenditure
on:|||||||||
|Charitable
activities|||||2,940||2,940|159|
|Total|||||2,940||2,940|159|
|Net Income / (Expenditure)|||for the year|||||291|
|Fund balance brought|forward at 1April 2021||||2,284|5,997|8,281|7,990|
|Transfer between
funds|||||||||
|Balance carried forward||at|31March 2022||2,293|5,997|8,290|8,281|
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|||||Note|2022|2021|
|---|---|---|---|---|---|---|
||||||f|f|
|Current
Assets|||||||
|Debtors and prepayrnents|||||205|120|
|Cash at bank
Total current assets|||||8,11.5
8,320|8,161
8,281|
|Creditors
—amounts|falling due within||one year||||
|Accruals and deferred||income|||30||
|Net assets|||||8,290|8,281|
|Funds of the Charity|||||||
|Restricted
Unrestricted|||||5,997
2,293|5,997
2,284|
|Total Funds|||||8,290|8,281|
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|tes|tothe Financial Statements
Year to 31March 2022|tothe Financial Statements
Year to 31March 2022||||
|---|---|---|---|---|---|
|1|Accounting
policies|||||
||The following
accounting
policies have been used
in dealing
with items which are considered
material|||||
||in relation to the Organisation's
financial statements.|||||
||a)|Company
limited
by guarantee||||
|||The Organisation
is a registered
Charity number 1165798 the members
ofwhich have no personal
liability||in|the|
|||event ofthe Charity winding
up.||||
||b)|Basis ofaccounting||||
|||The accounts have been prepared
in accordance
with Accounting
and Reporting
by Charities:||||
|||Statement
of Recommended
Practice applicable to Charities
preparing
their accounts
in accordance
with||||
|||the Financial Reporting
Standard
applicable
in the UK and Republic of Ireland
(FRS102)and the Companies||Act||
|||2006.||||
|||The accounts have been prepared
to give a true and fair' view and have departed
from the Charities (Accounts||||
|||and Reports) Regulations
2008 only to the extent required
to provide a 'true and fair' view. This departure|has|||
|||involved
following
Accounting
and Reporting
by Charities
preparing
their accounts
in accordance
with the||||
|||Financial
Reporting Standard
applicable
in the UK and Republic of Ireland
(FRS 102)issued 16July 2014rather||||
|||than the Accounting
and Reporting
by Charities Statement
of Recommended
Practice effective from 1April||2005||
|||which has since been withdrawn.||||
|||The Charity
has early adopted the provisions
of bulletin
1as permitted.||||
|||Reading Advice Network
meets the definition
ofa public benefit entity under
FRS 102. Assets and liabilities||are||
|||initially recognised
at historical cost or transaction
value unless otherwise
stated
in the relevant
accounting||||
|||policy note.||||
|||After making enquiries,
the Trustees have a reasonable
expectation
that the Charity has adequate
resources||to||
|||continue
its activities for the foreseeable future.
Accordingly
they continue to adopt the going concern basis|||in|
|||preparing
the financial statements
as outlined
in the Statement
ofTrustees Responsibilities
on page 3.||||
||c)|Reconciliation
with previously
Generally
Accepted Accounting
Practice||||
|||In preparing
the accounts, the Trustees have considered
whether
in applying the accounting
policies required|||by|
|||FRS102and the Charities
SORP FRS 102the restatement
of comparative
terms was required.
The Trustees||are||
|||ofthe opinion that no such restatement
is required.||||
||d)|Critical accounting judgments
and key sources ofestimation
uncertainty||||
|||In the application
ofthe Charity's
accounting
policies, which are described
in note 1,Trustees are required|to|||
|||make judgments,
estimates
and assumptions
about the carrying values ofassets and liabilities that are not||||
|||readily apparent
from other sources.
The estimation
and underlying
assumptions
are based on historical||||
|||experience
and other factors that are considered
to be relevant.
Actual results
may differ from these estimates.||||
|||The estimates
and underlying
assumptions
are rewewed
on an ongoing basis.
Revisions to accounting
estimates||||
|||are recognised
in the period
in which the estimate
is revised
ifthe revision affects only that period, or in the||||
|||period of revision
and future periods
ifthe current and future periods
ifthe revision affects the current and||||
|||future periods.||||
|||In the view ofthe Trustees, no assumptions
concerning
the future or estimation
uncertainty
affecting the assets||||
|||and liabilities at the balance sheet date are likely to result
in a material
adjustment
to their carrying amounts|||in|
|||the next financial year.||||
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|2|Expenditure|Expenditure|on charitable|on charitable|activities|activities||Unrestricted|Restricted|Total|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Funds|Funds|2021|2020||
||||||||||E|E|E||
||Business|Development|||||||||||
||Communications
and office|||||||397||397||89|
||Marketing|and website||||||||||(94)|
||Insurance|||||||164||164||164|
||Assessments||—Reading|Voluntary||Action||2,379||2,379|||
||Governance||—independent||examination||||||||
||Training||||||||||||
|||||||||2,940||2,940||159|
|3|Creditors|and accruals|||||||||||
||Amounts|falling due within|||one year||||||||
||Accruals and deferred|||income|||||||||
||-subscription||received|in advance||||30||30|||
|||||||||30||30|||
|4|Movement||in Funds||||||||||
||||||||As at|incoming|Outgoing|Transfers|As at||
||||||||1April 2021|Resources|Resources||31March 2022||
||||||||f|f|f||f||
||Restricted|Funds|||||5,997||||5,997||
||||||||5,997||||5,997||
||Unrestricted||Funds||||2,284|2,949|(2,940)||2,293||
||||||||2,284|2,949|(2,940)||2,293||