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

PDF
Markdown

2023-03-31-accounts

		Page
Chief Executive Ofticer's Report		3 to 6
Report ofthe Trustees		7 to 11
Report ofthe Independent Examiner		12
Statement ofFinancial Activities		13
Balance Sheet		14
Notes to the Financial Statements		Id to 22
Detailed Statement ofFinancial	Activities	23

e Year Ended	31 Ma	rch 20	23
							Year	Year
							ended	ended
					2023	2023	2023	2022
							Total	Total
					Unrestricted	Restricted	Funds	Funds
				Note	f	f
Income
Donations				2	153,611	36,000	189,611	95,626
Trading Activities				3	3,335		3,335	1,039
Interest					372		372
Totalincome					157,318	36,000	193,318	96,665
Expenditure
Raising funds					398		398	3,731
Fundraising	trading				150		150	375
Expenditure	on charitable		activities		24,102	117,498	141,600	145,898
Total expenditure					24,650	117,498	142,148	150,004
Net income/(expenditure)			and net
movement in funds		for the	year		132,668	(81,498)	51,170	(53,339)
Reconciliation ofFunds
Total funds	brought	fortvard			175,813	124,998	300,811	354,150
Total Funds	carried	forward			308,481	43,500	351,981	300,811

				2023	2023	2023	2022
						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Note	f,	f
Current	Assets
Debtors			7	87,510	43,500	131,010	50,774
Cash at bank				229,154		229,154	263,570
				316,664	43,500	360,164	314,342
Creditors
Amounts	falling due within one year		8	8,183		8,183	13,531
Net current		assets		308,481	43,500	351,981	300,811
Funds
Unrestricted		funds				308,481	175,813
Restricted		funds				43,500	124,998
Total Funds						351,981	300,811

	Unrestricted	Restricted
	Funds	Funds	31.03.23	31.03.22
	f			f
Grants (2023)	145,000	36,000	181000	94000
Grants (2022)	0	94,000	94,000
Donations (2023)	8,611		8,611	1,626
Donations (2022)	1,626		1,626
Total Grants and Donations (2023)	153,611	36,000	189,611	95,626
Total Grants and Donations (2022)	1,626	94,000	95,626

		Unrestricted	Restricted
		Funds	Funds	31.03.23	31.03.22
			f	f	f
Eranda Rothschild Foundation					25,000
Garfield Weston Foundation		100,000		100,000
Tallow Chandlers' Company		9,000		9,000
The Carpenters* Company		15,000		15,000
The Clothworkers' Foundation					50,000
The D'Oyly Carte Charitable	Trust				4,000
The Goldsmiths' Company			10,000	10,000	6,000
The Grocers' Charity					5,000
The Headley Trust		15,000		15,000
The Hedley Foundation					3,000
The Leathersetlers' Foundation			24,000	24,000
The Radcliffe Trust		6,000		6,000
The Royal Warrant Holders Association			2,000	2,000
The Skinners Company					1,000
		145,000	36,000	181000	94000

			Unrestricted	Restricted
			Funds	Funds	31.03.23	31.03.22
Adults'	Workshops	(2023)	3,335		3,335	1,039
Adults'	Workshops	(2022)	1,039		1,039

					Unrestricted	Restricted
					Funds	Funds	31.03.23	31.03.22
Events,	Advertising	and	PR	(2023)	398		398	3,731
Events,	Advertising	and	PR	(2022)	3,731		3,731

				Unrestricted	Restricted
				Funds	Funds	31.03.23	31.03.22
	Adults Workshops		(2023)	150		150	375
	Adults Workshops		(2022)	375		375
6.	CHARITABLE	ACTIVITIES
				Unrestricted	Restricted
				Funds	Funds	31.03.23	31.03.22
	Total Charitable	Activities (2023)		24,102	117,498	141.600	145,898
	Total Charitable	Activities (2022)		40,026	105,872	145,898

							Year ended	Year ended
							31.03 23	31.03 22
					Unrestricted	Restncted	Total	Total
					Funds	Funds	Funds	Funds
					f		f	f
Arvareaess:
Advertrsing		and PR			8,184		8,184	5,346
					8 184			5,346
Provision	ofCourses:
Materials						11,852	11,852	7,619
Course Facdities						1,004	1,004	808
Teaching						21,025	21,025	36,759
Admmistration					837	13,102	13,939	12,310
Financial	Management				408	6,391	6,799	6,504
Management		Support			3,786	59,279	63,065	63,629
Marketing	&IT Development				157	2,455	2,612	1,966
Printmg,	Postage, Stationery		and Marketing	Materials	4	56	60	13
Other Facilities					105	1,640	1,745	86
Insurance					32	502	534	390
Travel					12	192	204	405
					5,341	117,498	122,839	130,489
Management		costs:
Administralion					1,549		1,549	1,368
Financial	Management				755		755	723
Management		Support			7,007		7,007	7,070
Marketing	&IT Development				290		290	218
Printing,	Postage and Communicauons
Facilities					194		194
Insurance					59		59	43
Travel							36	23
Independent		Examination			680		680	600
					10,577		10,577	10,063
					24,102	117,498	141,600	145,898

ND EMOLUMENTS
			2023	2022
Staff costs and	Key	Other
emoluments	Management	Stag
Salaries and fees	65,000		65,000	65,000
Social Security costs	3,122		3,122	3,749
Pension	1,950		1,950	1,950
	70,072		70,072	70,699
			2022
Staff costs and	Key	Other
emoluments	Management	Staff
Salaries and fees	65,000		65,000
Social Security costs	3,749		3,749
Pension	1,950		1,950
	70,699		70,699

					Unrestricted	Unrestricted	Restricted	Restricted
					Funds			Funds	31.03.23		31.03.22
	Accruals	(2023)			4,297				4,297		5,292
	Deferred	income (2023									295
	Other creditors (2023)				3,886				3,886		7,944
	Total creditors		(2023)		8,	183			8,	183	13,531
	Accruals	(2022)			5,292				5,292
	Deferred	income (2022)				295				295
	Other creditors (2022)				7,944				7,944
	Total creditors		(2022)		13,531				13,531
9.	FUNDS
									Net
								movement
					At		01.4.22	in funds		At	31.03.23
							f				f
Unrestricted funds
General fund							175,813	132,668			308,481
Restricted funds
Course costs and		materials				124,998		(81,498)			43,500
TOTALFUNDS						300,811			51,170		351,981
	Net movement		in funds, included		in the above is as follows:
											Net
							Income	Expenditure			movement
											in funds
Unrestricted funds							157,318		(24,650)		132,668
Restricted funds							36,000	(117,498)			(81,498)
TOTAL FUNDS							193,318	(142,148			51,170
	Analysis ofnet		assets between	funds:
						Unrestricted			Restricted		Total
							funds		funds		funds
							f		f		f
Net	current assets	2023					308,481		43,500		351,981
Net	current assets	2022					175,813		124,998		300,811
			The	notes form part ofthese financial		statements

							Year
							ended
					2022	2022	2022
							Total
					Unrestricted	Restricted	Funds
				Note
Income
Donations					1,626	94,000	95,626
Trading Activities					1,039		1,039
Total income					2,665	94,000	96,665
Expenditure
Raising funds					3,731		3,731
Fundraising	trading				375		375
Expenditure	on charitable		activities		40,026	105,872	145,898
Total expenditure					44,132	105,872	150,004
Net (expenditure)/income			and net
movement	in funds	for the	year		(41,467)	(11,872)	(53,339)
Reconciliation ofFunds
Total funds	brought	fonvard			217,280	136,870	354,150
'fotal Funds	carried	forward			175,813	124,998	300,811

Income							2023	2022
Grants							181,000	94,000
Donations							8,611	1,626
Trading Activities							3,335	1,039
Interest							372
Total income							193,318	96,665
Expenditure
Raising funds:
Events, Advertising			and PR				398	3,731
Fundraising Trading							150	375
							548	4,106
Charitable Activities
Raising avvareness:							8,184	5,346
Provision ofcourses:
Materials							11,852	7,619
Facilities							2,749	894
Teaching							21,025	36,759
Adminisiration							13,939	12,310
Financial Management							6,799	6,504
Management	Support						63,065	63,629
Marketing &	ITDevelopment						2,612	1,966
Printing, Postage,		Stationery			and Marketing	Materials	60	13
Insurance							534	390
Travel							204	405
							122,839	130,489
Management	costs:
Administration							1,549	1,368
Financial Management							755	723
Management	Support						7,007	7,070
Marketing &	IT	Development					290	218
Printing, Postage		and Communications					7	9
Facilities							194	9
Insurance							59	43
Travel							36	23
Independent	Examination						680	600
							10,577	10,063
Total charitable		activities					142,148	150,004
Total expenditure							142,148	150,004
Net income/(expense)				and
net movement	in funds for the year						51,170	53,339