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|---|---|---|
|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|2023|2022|
||||||E|E|E|f|
|Income and endowments|||from:||||||
|Donations
- Members'||Contributions|||600||600|570|
|Interest income|||||11||11||
|Reading Voluntary
Action for assessments|||||3,462||3,462|2,379|
|Total|||||4,073||4,073|2,949|
|Expenditure
on:|||||||||
|Charitable
activities|||||4,174||4,174|2,940|
|Total|||||4,174||4,174|2,940|
|Net Income / (Expenditure)|||for the year||(101)||(101)||
|Fund balance brought|forward at 1April 2022||||2,293|5,997|8,290|8,281|
|Transfer between
funds|||||||||
|Balance carried forward||at|31March 2023||2,192|5,997|8,189|8,290|
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||||Note|2023|2022|
|---|---|---|---|---|---|
|||||E|f|
|Current Assets||||||
|Debtors and prepayments||||210|205|
|Cash at bank||||7,979|8,115|
|Total current assets||||8,189|8,320|
|Creditors - amounts|falling due within one year|||||
|Accruals and deferred||income|||30|
|Net assets||||8,189|8,290|
|Funds ofthe Charity||||||
|Restricted||||5,997|5,997|
|Unrestricted||||2,192|2,293|
|Total Funds||||8,189|8,290|
|1|Accounting
policies|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 of which 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
(FRS102)issued 16July 2014 rather|||
|||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 FRS102the 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 reviewed
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|Expenditure|on charitable|on charitable|activities|activities||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Funds|Funds|2023|2022|
||||||||||E|f|E|f|
||Business|Development|||||||||||
||Communications
and office||||||||548||548|397|
||Marketing||and website||||||||||
||Insurance||||||||164||164|164|
||Assessments|||- Reading|Voluntary||Action||3,462||3,462|2,379|
||Governance|||—independent||examination|||||||
||Training||||||||||||
||||||||||4,174||4,174|2,940|
|3|Creditors|and accruals|||||||||||
||Amounts|falling due within||||one|year||||||
||Accruals and|||deferred|income||||||||
||-subscription|||received|twice|||||||30|
|4|Movement||in Funds||||||||||
|||||||||As at|Incoming|Outgoing|Transfers|As at|
|||||||||1April 2022|Resources|Resources||31March 2023|
|||||||||E|f|E||E|
||Restricted||Funds|||||5,997||||5,997|
|||||||||5,997||||5,997|
||Unrestricted|||Funds||||2,293|4,073|(4,174)||2,192|
|||||||||2,293|4,073|(4,174)||2,192|
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