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2022-03-31-accounts

Charity registration number : 1166646

Breadwinners Foundation

Annual Reports and Financial Statements

For The Year Ended

31 March 2022

Breadwinners Foundation

Contents

Page No:
Reference and Administrative Details 1
Trustees' Report 2 - 4
Independent Examiner's Report 5
Statement of financial activities 6
Balance Sheet 7
Notes to the financial statements 8 - 12

Breadwinners Foundation

Page 1.

Reference and Administrative Details Reference and Administrative Details
Status Breadwinners Foundation is a registered charitable organization incorporated on 20 April 2016.
Governing The company was established under Charities Act 2011.
Document
Charity registration number 1166646
Board of Trustees Baneta
Yelda
Eve Hemingway
Marika Wilkinson
Tim
Stoller
Tracey
Hamer
Kate
Sanger
Harry George
Principal Address 3 Space International
House Canterbury Cres
London
SW9
7QE
Independent Examiner Carbon Accountancy Limited
Chartered Accountants and Registered
Auditors
80-83 Long Lane
London EC1A 9ET

Breadwinners Foundation Trustees' Report for the period ended 31 March 2022

Page 2.

Trustees' Report for the period ended 31 March 2022

The trustees present their report and the independently examined financial statements for the year ended 31 March 2022.

The Board of Trustees are satisfied with the performance of the charity during the period and the position on 31st March 2022 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.

The reference and administrative information set out on page 1 forms part of this report and the financial statements comply with current statutory requirements and the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP).

A Review of Charitable Activities Undertaken by the Charity for the year 2021/22.

The charity Breadwinners Foundation had a successful year in 2021/2022, despite the challenges posed by the COVID-19 pandemic. In addition to its traditional face-to-face market model, the organization launched an online wholesale program to support young refugees and people seeking asylum. As a result, Breadwinners was able to sell over 60,000 artisan baked goods at established and new London markets, as well as pilot operations in Brighton. They also transformed their e-commerce model developed during lockdowns into a wholesale model, supplying socially conscious cafes and restaurants. This allowed Breadwinners to continue running their flagship programs "Risers" (for young people seeking asylum) and "Breadwinners" (for refugees), and to introduce a new program called "Proofers" (for refugees) to manage e-commerce and wholesale operations

In recognition of their innovative approach and impact, Breadwinners produced their second peer-led impact report and received three awards: the Prove It: Social Impact Award at the UK Social Enterprise Awards 2022, the Impact Management Champion award from Pioneers Post SE100 2022, and the Social Innovation Award from the Social Value Portal 2022.

Breadwinners' artisan baked goods were sold at ten weekly markets in London and four in Brighton, as well as at six events. They also provided market services to three weekly markets and supported a bakery with packing during staff shortages. Their wholesale operations grew to include 21 cafes and restaurants every week, and four corporate events. These retail operations allowed Breadwinners to provide over 900 days of paid work, totaling £61,332.88 (a 170% increase from the previous period) in self-employed earnings to participants in the "Breadwinners" and "Proofers" programs, as well as 440 days of work experience for "Risers" program participants. In addition, the charity paid £8,946 in travel and subsistence expenses to enable young refugees to access their programs and provided 18 laptops to ensure inclusivity and accessibility.

During the lockdown period, Breadwinners continued to offer a hybrid of online and in-person training, providing 108 sessions that taught new employability skills to program participants and 13 community sessions to keep the community connected. The core team at Breadwinners grew from 5 people (3.3 FTE) to 7 people (4.7 FTE) to be able to increase the support provided to young people. The trustees are proud of the impact achieved by the organization and all the graduates and mentors of the "Breadwinners," "Risers," and "Proofers" programs.

The Risers Program

The "Risers" program, run by the charity for four years, successfully delivered four cohorts of young refugees and asylum seekers aged 16-24. Of the 121 applications received, 56 participants were able to take part in the structured program, which included work experience at Breadwinners market stalls, training in customer service, sales, food hygiene, and CV and interview skills, as well as one-on-one mentoring support. The program saw high attendance rates, with participants demonstrating their eagerness to learn and be a part of the market community. Through the program, 440 work experience sessions were offered, totaling over 880 hours of work experience for the participants. In addition, 41 training sessions were held to help participants develop transferable skills, and 426 one-on-one mentoring sessions were conducted to support their personal development and expand their networks.

Since graduating from the program, 18 participants received permission to work and have gained employment, with 15 of them being promoted to paid positions as Breadwinners Foundation Stall Managers on the "Breadwinners" Program.

The Breadwinners Program

The "Breadwinners" program saw 50 unemployed refugees apply to participate between London and Brighton, and 34 of them were supported by the Breadwinners Foundation in securing their first job as part-time self-employed market stall managers, earning the “Real” living wage. Of the 34 participants, 17 were recruited from the pool of graduates from the "Risers" program. Through the bread stalls, the program provided participants with the opportunity to transition from unemployment to work in a supportive, entrepreneurial environment before entering long-term employment. Working at the market stalls allowed participants to gain confidence, improve their English language skills, and become more integrated with their community. The program also provided participants with the opportunity to develop and apply new skills, such as ordering, sales, marketing, and financial management, as well as support and manage the work experience of "Risers" participants.

Throughout the program, an average of 6.56 months, all participants (100%) progressed into other jobs with the help of their mentors.

Breadwinners Foundation Trustees' Report for the period ended 31 March 2022

Page 3.

The Community Activities

To build a sense of belonging and combat the isolation young refugees experience in the UK, Breadwinners Foundation continued to run community activities with the help of volunteers. These activities provide a safe space for community members to meet, foster a deeper sense of belonging, and support the activities, including a farm visit, a 5k run, a "Great walk" for refugee week, online skills-sharing sessions, sports, and art, with a total of 160 members from the community participating. health and well-being of participants. During the current financial period, the Breadwinners Foundation has run 13 community activities, including a farm visit, a 5k run, a "Great walk" for refugee week, online skills-sharing sessions, sports, and art, with a total of 160 members from the community participating.

The Long term impact

In December 2021, Breadwinners Foundation set out to produce the second peer-led Social Impact report. We ran a series of 1-to-1 peer-led (done by the Proofers program participants) interviews to uncover the programmers’ social impact, ensuring we are continuously improving these programs, based on feedback from those experiencing them.

The main aim was to look for ways to improve the support the Breadwinners Foundation could provide to young refugees while providing new skills to our Proofers Program participants. The interviews ensured that information was captured in an unbiased way, led by experts who were active participants in the programs. We were able to get more honest and useful answers since the people asking the questions had gone through the programs themselves. Two “Proofers” program participants were tasked to call 143 program graduates. 48 interviews were fully completed and have been used for the report. After this report, we made changes based on their feedback. Breadwinners foundation also tested previous changes made, from open-ended to fixed-term programs. Below are the key findings from participants.

Two “Proofers” program participants were tasked to call 143 program graduates. 48 interviews were fully completed and have been used for the report.

After this report, we made changes based on their feedback. Breadwinners foundation also tested previous changes made, from open-ended to fixed-term programs. Below are the key findings from participants.

Positive findings

●Introduction of a rewards system. After undertaking an internal review, we will increase the wages of participants who complete all training sessions to incentivise development.

In addition to this peer-led feedback, Breadwinners Foundation uses the outcomes star's self-assessment impact framework to assess the impact continuously.

Customers and other market traders have not only benefited from the quality of products and services offered by Breadwinners Foundation's program participants, but they have also learned more about the participants' experiences, stories, and countries of origin, fostering a deeper understanding and connection between different communities.

To gauge customer satisfaction, Breadwinners and Risers program participants surveyed customers at the markets, asking them to rate their likelihood of recommending the Breadwinners Foundation to others. The results were overwhelmingly positive, with a 95% Net Promoter Score.

The foundation has also had the support of 74 volunteers and pro-bono advisors who have shared their skills to support the young people and Breadwinner's mission. These volunteers have reported feeling useful to the programs and their local community and the Breadwinners Foundation is grateful for their continued support.

Furthermore, the Breadwinners and Proofers program has been successful in helping 68 participants to progress into work, university or other programs after graduating from Breadwinners and gaining work permits.

Who Breadwinners Foundation supports:

The Breadwinners Foundation focuses on supporting refugees and young people seeking asylum who are facing multiple disadvantages. These individuals may have experienced trauma such as war, torture, or trafficking and as a result may have psychological and physical challenges that affect their confidence, self-esteem, and mental well-being. The foundation works with leading refugee organizations to identify individuals who have the drive and ambition to work, but lack the resources and UK experience to do so.

Despite many refugees being highly skilled and educated, unemployment among refugees in London is estimated to be around 70% *(data from TENT & Braking Barrier “UK employers’ guide to hiring refugees”), , compared to a London-wide unemployment rate of around 4%. Barriers to finding work may include a lack of UK training and experience, language issues, and discrimination and misconceptions from employers about their right to work.

This is especially challenging for individuals who have not been allowed to work for long periods while seeking asylum and living on minimal support of £5.83 a day*(data from Gov.uk). Newly recognized refugees also often face gaps in support, such as delays in receiving documents and the rapid withdrawal of support they received while seeking asylum. This can lead to destitution. The Breadwinners Foundation's programs, 'Risers', 'Breadwinners' and ‘Proofers’, aim to support these individuals to overcome these barriers and move quickly into work, learn or improve their English, and join the local community.

Breadwinners Foundation generous funders and donors

The Breadwinners Foundation is grateful for the generous support of its funders, including the Berkeley Foundation, Betsy Foundation, Chalk Cliff Trust, Lawrence Atwell's Charity, London Donating Network, NPT Transatlantic, Rayne Foundation, The Fore, The National Lottery Community Fund, and The Sussex Community Foundation. These organizations have provided crucial funding to the foundation, allowing it to continue its mission of supporting refugees and young people seeking asylum facing multiple disadvantages.

In addition to these funders, the foundation also receives donations from individuals through market stalls, the website, and fundraising events. The Breadwinners Foundation would like to extend its heartfelt gratitude to Kusum, Empower EBT, Ethical Tea Partnership, HTS, Hanna’s and Molly’s Marathons, LUSH, the Masons, Shipton Mill, The Big Give Donors, and The Flint Wall Company for their kind donations. Their support is essential to the foundation's ability to continue making a positive impact in the lives of those it serves.

Sustainability

Breadwinners Foundation is committed to achieving long-term sustainability and reducing its reliance on grant funding. The foundation's goal is to have a diverse source of income to ensure the stability and continuity of its programs and services.

In the current financial year, the foundation has seen significant growth in its revenue generated through sales, with an increase of 2.3 times compared to the previous year, totaling £259,905.37. This represents 56% of the total income for the period. The foundation's market and wholesale models have been particularly successful, contributing to this increase.

This diversification of revenue sources has put the foundation in a stronger and more resilient position. The increase in sales and overall income has allowed the foundation to support more beneficiaries, with an increase of 173.98% in payments to young refugees for their work. Breadwinners Foundation continues to strive for sustainable growth and diversification of its income sources to ensure it can continue to make a positive impact in the lives of refugees and young people seeking asylum facing multiple disadvantages.

Looking forward

As we look forward, the Breadwinners Foundation remains committed to updating its strategy and frameworks to support refugees and young people seeking asylum in long-term work. We will continue to monitor and evaluate our performance to ensure that our work remains service user-led, is continuously developed to meet the changing needs of our beneficiaries, and provides transparency to our funders. We are also committed to conducting our first Participatory Action Research Impact Report to gain a deeper understanding of the impact of our programs.

In the coming year, we plan to expand our market stall program across London and establish our operations in Brighton. We will be running our first cohort of Risers in Brighton and optimizing the capacity of young people supported in London. We will also focus on improving our Proofers program and aim to grow our wholesale model. Additionally, we will continue to safely run community activities and events and explore new models to increase the reach and opportunities provided to refugees in the UK.

Breadwinners Foundation Trustees' Report for the period ended 31 March 2022

Page 4.

In the coming year, we plan to expand our market stall program across London and establish our operations in Brighton. We will be running our first cohort of Risers in Brighton and optimizing the capacity of young people supported in London. We will also focus on improving our Proofers program and aim to grow our wholesale model. Additionally, we will continue to safely run community activities and events and explore new models to increase the reach and opportunities provided to refugees in the UK.

A brief statement of the charity’s policy on reserves

The Breadwinners Foundation recognizes the importance of maintaining reserves as a young charity to ensure the continuity of its programs and services. We have been using any funds received to meet our working capital requirements and ensure we can continue our mission of supporting refugees and young people seeking asylum facing multiple disadvantages.

In line with the guidance issued by the Charity Commissioners on public benefit, the Trustees have considered their responsibilities and have assessed the main areas of risk, taking action as necessary to minimize that risk and ensure that the needs and well-being of our beneficiaries are at the forefront of our policy. The Trustees are confident that the charity fulfils the criteria for public benefit and will continue to review and monitor our reserve policy to ensure its effectiveness in supporting our mission.

DECLARATION

Approved by the Board of Trustees on 20/01/2023 and signed on their behalf by:

Tim Stoller (Trustee &Treasurer)

Independent Examiner's Report to the Trustees of Breadwinners Foundation

Page 5.

For the year ended 31 March 2022

I report on the financial statements of the charity for the period ended 31 March 2022, which are set out on pages 7 to 13. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP)'.

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of accounts. The trustees consider that an audit is not required for the year under section 114(2) of the Charity

The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of Chartered Accountants in Ireland.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those maters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter other than disclosed above has come to my attention:

…………………………………

John Leyden FCA

Carbon Accountancy Limited 80-83 Long Lane London EC1A 9ET

Date: 30/01/2023

Breadwinners Foundation Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2022

Page 6

Income
Notes
Donations and legacies
Sales
Grants
Total income
8
Expenditure
Cost of raising funds
9
Cost of sales
9
Expenditure on Charitable Activities
Cost of charitable activities
11
Total expenditure
Net income / (expenditure)
Reconciliation of funds
Total funds(rst) brought forward
7
Transfer between funds
Total funds carried forward		 Restricted
£
10,565
-
126,998
137,563
-
4,810
78,712
83,522
54,041
59,260
364
113,665		 Unrestricted
£
16,219
259,905
52,000
328,124
-
209,834
102,295
312,129
15,996
33,264
(364)
48,896		 2022
£
26,784
259,905
178,998
465,687
-
214,644
181,007
395,651
70,036
92,524
-
162,560		 2021
£
21,145
115,023
122,742
258,910
(594)
92,500
120,241
212,147
46,763
45,759
-
92,522

The statement of financial activities includes all gains and losses in the year. All income and expenditure derived from continuing activities.

The notes on pages 9 to 12 form an integral part of these financial statements.

Breadwinners Foundation Balance Sheet as at 31 March 2021

Page 7

Charity registration number: 1166646

Notes
Intangible assets
Tangible assets
Current Assets
Stocks
9
Debtors
2
Cash at Bank & in hand
3
Total current assets
Creditors
Amounts falling due
within One Year
4
Net Current Assets
Net Assets
10
Total funds of the charity
Restricted Funds
7
Unrestricted Funds		 2022
£
-
13,449

153,731

167,179
(4,620)
162,560

162,560
113,665
48,896

162,560		 2021
£
-
-
-
927

98,558

99,485
(6,961)
92,524

92,524
59,260
33,264

92,524

For the financial year ended 31 March 2021, the charity was entitled to exemption from audit relating to small charities.

Trustee's responsibilities:

The trustees acknowledge their responsibilities for complying with the requirements of the Charities Act with respect to accounting records and the preparation of accounts.

Approved by the trustees on 20/01/2023 and signed on their behalf by:

Tim Stoller

(Trustee &Treasurer)

The notes on pages 9 to 12 form an integral part of these financial statements.

Breadwinners Foundation Notes to the Financial Statements for the year ended 31 March 2022

Page 8

1) Accounting Policies

Summary of significant accounting policies and key accounting estimates

The principle accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under in accordance with the Statement of Recommended Practice ‘Accounting and Reporting by Charities (SORP)’.

Basis of preparation

These financial statements have been prepared using the historic cost convention, unless otherwise stated in the accounting policies.

Income

Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objective of the charity. Restricted funds are those donated for use in particular area of specific purposes, the use of which is restricted to that area or purpose.

Expenditure

Cost of raising funds relate to those specific costs incurred in organizing and staging fundraising events and seeking voluntary contributions together with attributable support costs.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs comprise those costs associated with meeting the constitutional and strategic requirements of the charity and the audit fees and costs linked to strategic management of the charity.

Taxation

As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applied to charitable purpose only.

Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees’ continue to adopt the going concern basis in accounting in preparation of financial statements.

Debtors

Debtors and other receivable are recognized initially at the transaction price. They are subsequently measured at amortized cost using the effective interest method, less provision for impairment. A provision for the impairment is established when there is objective evidence that the group will not be able to collect all amounts due according to the original terms of the receivables.

Creditors

Creditors are obligation to pay at the balance sheet date as a result of past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors are recognized at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advance payments for the goods or service it must provide.

Breadwinners Foundation Notes to the Financial Statements for the year ended 31 March 2022

Page 9

Debtors

2)

2)
Trade debtors
Prepayments and accrued income
3)
Cash at bank and in hand
Cash at bank(CAF)
PayPal
Cash on hand
Soldo
4)
Amounts falling due within one year
PAYE
Pension payable
Other creditor
Trade creditors
Wages control account		 2022
£
13,449
-
13,449
2022
£
152,912
-
-
818
153,731
2022
£
197
-
4,423
0
4,620		 2021
£
927
-

927
2021
£
98,056
253
-
249

98,558
2021
£
1,599
5,527
(165)
6,961

5) Taxation

As a charity, Breadwinners Foundation is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or

6) Staff costs and emoluments

The average number of employee during the year was 2 (2021: 2)

No remuneration or benefits were paid to any trustee during the period covered by the financial statements, nor were any expenses reimbursed to trustees.

7) Reconciliation of funds

----- Start of picture text -----
31 March 31 March
2021 Receipt Payments Transfers 2022
£ £ £ £ £
Restricted funds:
Allen & Overy 78 78
Awards for All/TNL award 10,146 10,000 (20,052) 94
Lawarence Atwell's Charity 10,000 10,000 (19,859) 141
Berkeley Foundation 28,998 (2,424) 26,574
Betsy foundation 25,000 (1,167) 23,833
Chalk Cliff Trust 5,000 (4,417) 583
Sussex Community Foundation 10,000 (2,994) 7,006
NPT Transatlantic 3,000 (3,001) 1 (0)
RBS 12,171 (12,251) 80 0
Rayne Foundation 10,000 10,000
GLA Thrive 69 69
BigGive Xmas 15,887 10,565 (12,972) 13,480
Postcode society trust (2) 2 0
People’s Postcode lottery (150) 150 -
Peoples Project 9 9
Vinci Foundation 69 (200) 131 (0)
London Community Response 276 (181) 95
59,260 137,563 (83,522) 364 113,665
Unrestricted funds 33,264 328,124 (312,129) (364) 48,896
Total funds 92,524 465,687 (395,651) - 162,560
----- End of picture text -----

Breadwinners Foundation Notes to the Financial Statements for the year ended 31 March 2022

Page 10

Income

8)

Grants:
TNL Awards
Balfour
Lawrence Atwell
Berkeley Foundation
RBS
Betsy Foundation
Rayne Foundation
London community response
Urban food award
NPT transatlantic
Ldn donation networks
The Economists
SSE
Chalk Cliff Trust
Sussex community foundation
Total grants
Donations:
Various other
Total donations
Sales:
Mkt Sales
Online Sales
Services Revenue
B2B Sales
Other income
Total sales
Total income
9)
Cost of sales and raising funds
Cost of goods sold
Direct expenses
Self-employed breadwinners
Fundraising costs
Fund balance represented by:
Current assets
Current liabilities
At end of year		 Restricted
£
10,000
10,000
28,998
25,000
3,000
-
35,000
5,000

10,000
126,998

-
10,565
-
-
-
-		 Unrestricted
£
-
14,000
-
-
-
-
10,000
-
-
8,000
20,000

-
52,000
16,219
16,219
156,630
14,048
15,655
73,248
324		 2022
£
10,000
14,000
10,000
28,998
-
25,000
10,000
-
-
3,000
8,000
-
55,000
5,000

10,000
178,998
16,219
26,784
156,630
14,048
15,655
73,248
324		 2021
£
14,000
10,000
28,000
10,000
22,490
1,250
5,000
32,002
122,742
10,147
21,145
75,156
36,245
2,325
1,298
-

137,563
Restricted
£
75
10
4,725
-		 259,905

328,124
Unrestricted
£
137,008
16,218
56,608
-		 259,905
465,687
Total
2022
£
137,083
16,228
61,333
-		 115,024
258,910
Total
2021
£
59,543
10,571
22,386
(594)
4,810 209,834 214,644 92,500
Restricted
£
113,665
-

113,665		 Unrestricted
£
53,514
(4,620)

48,895		 Total
2022
£
167,179
(4,620)
162,560		 Total
2021
£
99,485
(6,961)
92,524

Breadwinners Foundation Notes to the Financial Statements for the year ended 31 March 2022

Page 11

Charitable expenditure

11)

Cost of charitable activities:
General Expenses
Pitch Fee
Venue
Delivery
Repairs and Maintenance
Training
Travel & Subsistence
Equipment expensed
Volunteer Expenses
Fundraising cost
Support cost of charitable activities:
Direct support costs:
Staff costs
Staff costs - Project Director
Development consultant
Management and administration cost:
Advertising
Staff Training
Bank Fees
Insurance
Office Expenses
Salaries
Employer NI
Pension
PPS
Rent
Subscriptions
Website
Telephone and internet
Total charitable expenditure		 Restricted
£
2,155
990
2,038
-
8,646
5
22,672
36,477
-
-
36,477
213
-
88
233
14
15,153
220
189
744
-
1,916
374

420

19,564

78,712
-
2,207
6,630		 Unrestricted
£
362
17,707
180
22,395
58
-
-
43,376
20,529
-
60
20,590
778
-
12
-
1,266
34,650
413
874
132
-
124
-
80
38,330
102,295
-
358
2,316		 Total
2022
£
2,517
18,697
2,218
22,395
8,704
5
-

66,047
57,006
-
60

57,066
991
-
100
233
1,280
49,803
633
1,063
876
-
2,040
374

500
57,894
181,007
-
2,565
8,946		 Total
2021
£
1,054
10,461
1,992
12,460
7,057
322
(594)
400
1,419
3,063

37,635
22,760
2,550

26,695
288
-
69
233
49,278
1,304
897
476
1,390
1,043

340

55,318
119,647

Breadwinners Foundation Notes to the Financial Statements for the year ended 31 March 2022

Page 12

Income and expenditure by market activity

12)

Income
Sales
Cost of sales
Cost of Goods Sold
Direct Expenses
Admin costs
Advertising
Fundraising costs
Bank Fees
Insurance
Office Expenses
PPS
Salaries
Employer NI
Pension
Subscriptions
Staff training
Website
Telephone and internet
General Expenses
Pitch Fee
Venue
Delivery
Volunteer Expenses
Training
Travel & Subsistence
Support staff costs
Staff Costs
Staff Costs - Project Director
Development consultant
Total operating expenses
Operating profit / (loss)
Non-operating expenses
Equipment expensed
Net profit / (loss)
Self-employed Breadwinners
Gross profit / (loss)
Other income
Donations
Grants & Trusts
Other Income		 Restricted
£

-

-
75
10

4,725

4,810		 Unrestricted
£

259,581

259,581
137,008
16,218

56,608

209,834		 Total 2022
£
259,581
259,581
137,083
16,228

61,333
214,644		 288
(594)
69
233
476
49,278
1,304
897
1,390
1,385
1,043

340

56,109
1,054
10,461
1,992
12,460
322
1,419

3,063
Total 2021
£
115,023
115,023
59,543
10,571

22,386

92,500
22,523
21,095
122,742

50
143,887
213
-
88
233
14
744
15,153
220
189
1,916
374

420

19,564
2,155
990
2,038
-
5
2,207

6,630

14,025
36,477
-

36,477
70,066
62,687

8,646

8,646
54,041
(4,810)
10,565
126,998

-
137,563		 778
-
12
-
1,266
132
34,650
413
874
124
-
-

80

38,330
362
17,707
180
22,395
-
358

2,316

43,318
20,529
-

60

20,590
102,237
16,053

58

58
15,996
49,747
16,219
52,000

324
68,543		 991
100
233
1,280
876
49,803
633
1,063
2,040
374
500
57,894
2,517

18,697
2,218
22,395
5
2,565

8,946
57,343
57,006

60
57,066
172,303
78,740

8,704
8,704
70,036
44,937
26,784
178,998
324
206,106

31,171
22,760
2,550

25,310
112,590
53,821

7,057

7,057
46,763