## ||||Page|| |---|---|---|---|---| |Reference and Administrative
Details||||| |Report ofthe Trustees||2|to|6| |Independent
Examiner's
Report||||| |Statement of Financial|Activities|||| |Balance Sheet||||| |Cash Flow Statement|and Notes||10|| |Notes to the Financial|Statements|11|to|18| |Detailed Statement of Financial Activities|||19|| |TRUSTEES||P M P Wrixon||||| |---|---|---|---|---|---|---| |||A J Davies||||| |||AJohnson (retired 8/12/22)||||| |||8Jackson||||| |||D SHunt||||| |||Dr R Penney (appointed|||22/02/22)|| |||Dr CGoldsmith|(appointed|||24/02/22)| |||A Wrixon (appointed||10/11/22)||| |REGISTERED OFFICE||Devereux Wootton||||| |||Norton
Canon||||| |||Herefordshire||||| |||HR4 8QN||||| |REGISTERED COMPANY NUMBER||CE007610 (England||and|Wales)|| |REGISTERED CHARITY NUMBER||1167802||||| |INDEPENDENT|EXAMINER|R J Francis &Co||||| |||Marshall
Business Centre||||| |||Faraday Ruad||||| |||Hereford||||| |||Herefordshire||||| |||HR4 9NS||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||fund|funds|funds|funds| ||||Notes|E|f|E|f| |INCOME|||||||| |Donations,
bursaries||and course income||556,100|147,301|703,401|365,680| |Investment
income||||1,123||1,123|1,163| |Total||||557,223|147,301|704,524|366,843| |EXPENDITURE ON|||||||| |Running
courses|||4|282,748|15,307|298,055|294,598| |Support costs|||5|74,518|17,979|92,497|78,729| |Total||||357,266|33,286|390,552|373,327| |NET INCOME/(EXPENDITURE)||||199,957|114,015|313,972|(6,484)| |Transfers between||funds|14a|147,130|(147,130)||| |Net movement
in|funds|||347,087|(33,115)|313,972|(6,484)| |RECONCILIATION|OF FUNDS||||||| |Total funds brought||forward|14a|187,516|33,115|220,631|227,115| |TOTAL FUNDS CARRIED FORWARD|||14a|534,603||534,603|220,631| |||||2022|2021| |---|---|---|---|---|---| |||Unrestricted|Restricted|Tota I|Total| |||fund|funds|funds|funds| ||Notes|E|6|E|E| |FIXEDASSETS|||||| |Tangible assets||136,907||136,907|33,327| |CURRENT ASSETS|||||| |Debtors|10|55,064||55,064|27,922| |Cash at bank|11|421,771||421,771|272,679| |||476,835||476,835|300,601| |CREDITORS|||||| |Amounts
falling due within one year|12|(74,227)||(74,227)|(105,969)| |NET CURRENT ASSETS||402,608||402,608|194,632| |TOTAL ASSETS LESSCURRENT LIABILITIES||539,515||539,515|227,959| |ACCRUALS AND DEFERRED INCOME|13|(4,912)||(4,912)|(7,328)| |NET ASSETS||534,603||534,603|220,631| |FUNDS|14a||||| |Unrestricted
funds||||534,603|187,516| |Restricted funds|||||33,115| |TOTALFUNDS||||534,603|220,631| ## |||||||||2022||2021| |---|---|---|---|---|---|---|---|---|---|---| ||||||Notes|||E||E| |Cash flows from operating||activities||||||||| |Cash generated
from operations|||||A|||274,080||4,640| |Cash flows from investing||activities||||||||| |Purchase oftangible
fixed|assets|||||||(126,111)||(16,657)| |Interest received||||||||1,123||1,163| |Net cash used in investing||activities||||||(124,988)||(15,494)| |Change
in cash and cash equivalents||||in the||||||| |reporting
year||||||||149,092||(10,854)| |Cash and cash equivalents||at the beginning||||||||| |ofthe reporting
year||||||||272,679||283,532| |Cash and cash equivalents||atthe end||of|8|||||| |the reporting
year||||||||421,771||272,679| |RECONCILIATION|OF NET INCOME/(EXPENDITURE)|||||TO NET CASH||FLOW FROM|OPERATING ACTIVITIES|| ||||||||||2022|2021| ||||||||||E|E| |Net income/(expenditure)|||for|the year (as per the||Statement|of|||| |Financial Activities)|||||||||313,972|(6,484)| |Adjustments
for:||||||||||| |Depreciation
charges|||||||||22,531|13,798| |Interest received|||||||||(1,123)|(1,163)| |Increase
in debtors|||||||||(27,142)|(10,062)| |Increase
in creditors|||||||||(34,158)|8,551| |Net cash provided||by operations|||||||274,080|4,640| |B.
ANALYSIS OF CHANGES IN|||NET FUNDS|||||||| |||||||||At 1.1.22|Cash flow|At 31.12.22| |||||||||E|E|E| |Net cash||||||||||| |Cash at bank||||||||272,679|149,092|421,771| ## ## ## |Office||10%on cost|| |---|---|---|---| |Motor vehicles||33%on reducing|balance| |Computer|equipment|33%on reducing|balance| ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |Unrestricted|||||E|E| |Course income and donations|||||496,669|271,853| |Lloyds Bank Foundation||for England|and Wales||27,250|| |Bulmers|||||18,211|| |Bursary places|||||13,970|29,600| ||||||556,100|301,453| |Restricted||||||| |Donations|for new office||||126,036|| |Course income and donations|||||21,265|64,227| ||||||147,301|64,227| ||||||703,401|365,680| |INVESTMENT INCOME||||||| ||||||2022|2021| ||||||E|E| |Interest receivable|||||1123|1,163| |RUNNING|COURSES|||||| ||||||2022|2021| ||||||E|E| |Staff costs|||||264,604|260,763| |Transport|||||8,167|2,803| |Motor expenses|||||1,150|3,002| |Tools and|consumables||||8,807|5,746| |New site||||||7,403| |Course direct costs|||||1,923|2,806| |Sundry expenses|||||7,868|3,803| |Depn ofmotor vehicles|||||5,536|8,272| ||||||298,055|294,598| |SUPPORT|COSTS|||||| ||||||Managing|| ||||||the|| |||||Finance|charity|Totals| |||||f|6|E| |Other costs expended||||322|92,175|92,497| ## ## ## ## |STAFF COSTS|||||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021| |||||||||E|E| |Wages for running|||courses|||||264,604|260,763| |Admin wages||||||||26,820|26,539| |||||||||291,424|287,302| |The average
monthly||||number|of employees||during the year was as follows:||| |||||||||2022|2021| |Trainers||||||||8|8| |Administration||||||||1|1| |No employees|received emoluments|||||in excess ofE60,000.|||| |COMPARATIVES FOR THE STATEMENT OF|||||||FINANCIAL ACTIVITIES (2021)||| ||||||||Unrestricted|Restricted|Total| ||||||||fund|funds|funds| ||||||||E|E|E| |INCOME AND|ENDOWMENTS||||FROM||||| |Donations,
bursaries||||and course income|||301,453|64,227|365,680| |Investment
income|||||||1,163||1,163| |Total|||||||302,616|64,727|| |EXPENDITURE|ON||||||||| |Running
courses|||||||248,187|46,411|294,598| |Support costs|||||||71,098|7,631|78,729| |Total|||||||319,285|54,042|373,327| |NET INCOME/(EXPENDITURE)|||||||(16,669)|10,185|(6,484)| |RECONCILIATION||OF FUNDS|||||||| |Total funds brought|||forward||||204,184|22,931|227,115| |TOTAL FUNDS|CARRIED FORWARD||||||187,515|33,116|220,631| ## ## ## ## ## |TANGIBLE FIXEDASSE|TS|||| |---|---|---|---|---| ||Office|Motor|Computer|| ||and store|vehicles|equipment|Totals| ||E|E|6|E| |COST||||| |At 1January 2022|13,656|30,300|23,453|67,409| |Additions|125,436||675|126,111| |At 31December 2022|139,092|30,300|24,128|193,520| |DEPRECIATION||||| |At 1January 2022|5,746|13,525|14,811|34,082| |Charge for year|13,879|5,536|3,116|22,531| |At 31December 2022|19,625|19,061|17,927|56,613| |NET BOOK VALUE||||| |At 31December 2022|119,467|11,239|6,201|136,907| |At 31December 2021|7,910|16,775|8,642|33,327| |DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| ||||2022|2021| ||||E|E| |Debtors|||25,950|6,252| |Accrued income|||24,036|17,171| |Prepayments|||5,078|4,499| ||||55,064|27,922| |CASH AT BANK||||| ||||2022|2021| ||||E|f| |Current account|||143,883|112,063| |CAF|||160,616|160,616| |United Trust Bank|||117,272|| |Total|||421,771|272,679| ## ## |CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| |---|---|---|---|---|---| |||||2022|2021| |||||f|f| |Social security and other||taxes||4,780|5,007| |Other creditors||||2,881|5,586| |Accruals||||3,800|1,008| |Income received|in advance|||62,766|94,368| |||||74,227|105,969| |ACCRUALS AND|DEFERRED INCOME||||| |||||2022|2021| |||||f|f| |Deferred income||||4,912|7,328| |MOVEMENT
IN|FUNDS||||| ||||Net|Transfers|| ||||movement|between|At| |||At 1.1.22|in funds|funds|31.12.22| |||f||f|f| |Unrestricted
funds|||||| |General fund||187,516|82,685|147,130|417,331| |Designated
fund|||117,272||117,272| |||187,516|199,957|147,130|534,603| |Restricted funds|||||| |Impact Management||1,190||(1,190)|| |Clothworkers|||(32)|32|| |Armed Forces Covenant||80|529|(609)|| |Lottery Community||26,098|(4)|(26,094)|| |New Office|||113,522|(113,522)|| |MIND||5,747||(5,747)|| |||33,115|114,015|(147,130)|| |TOTALFUNDS||220,631|313,972||534,603| ## ## ## |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| |||E|E|E| |Unrestricted|funds|||| |General
fund||439,951|(357,266)|82,685| |Designated|fund|117,272||117,272| |||557,223|(357,266)|199,957| |Restricted funds||||| |Clothworkers||1,644|(1,676)|(32)| |Armed Forces Covenant||18,850|(18,321)|529| |Lottery Community||772|(775)|(4)| |New Office||126,036|(12,514)|113,522| |||147,301|(33,286)|114,015| |TOTALFUNDS||704,524|(390,552)|313,972| ## |||Net|| |---|---|---|---| |||movement|At| ||At 1 1 71|in funds|31.12.21| ||E|E|f| |Unrestricted
funds|||| |General fund|204,184|(16,668)|187,516| |Restricted funds|||| |Impact Management|1,190||1,190| |Armed Forces Covenant||80|80| |Lottery Community|21,741|4,357|26,098| |MIND||5,747|5,747| ||22,931|10,184|33,115| |TOTALFUNDS|227,115|(6,484)|220,631| ## ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| ||||E|E|E| |Unrestricted||funds|||| |General|fund||302,616|(319,284)|(16,668)| |Restricted funds|||||| |Clothworkers|||2,481|(2,481)|| |Armed|Forces Covenant||4,820|(4,740)|80| |Lottery|Community||36,927|(32,570)|4,357| |MIND|||19,999|(14,252)|5,747| ||||64,227|(54,043)|10,184| |TOTAL|FUNDS||366,843|(373,327)|(6,484)| ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement|between|At| |||At 1.1.21|in funds|funds|31.12.22| |||E|E|E|E| |Unrestricted
funds|||||| |General|fund|204,184|66,017|147,130|417,331| |Designated
fund|||117,272||117,272| |||204,184|183,289|147,130|534,603| |Restricted funds|||||| |Impact|Management|1,190||(1,190)|| |Clothworkers|||(32)|32|| |Armed|Forces Covenant||609|(609)|| |Lottery|Community|21,741|4,353|(26,094)|| |MIND|||5,747|(5,747)|| |New Office|||113,522|(113,522)|| |||22,931|124,199|(147,130)|| |TOTAL|FUNDS|227,115|307,488||534,603| ## ## |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| ||||E|E| |Unrestricted|funds|||| |General fund||742,567|(676,550)|66,017| |Designated|fund|117,272||117,272| |||859,839|(676,550)|183,289| |Restricted funds||||| |Clothworkers||4,125|(4,157)|(32)| |Armed Forces Covenant||23,670|(23,061)|609| |Lottery Community||37,698|(33,345)|4,353| |MIND||19,999|(14,252)|5,747| |New Office||126,036|(12,514)|113,522| |||211,528|(87,329)|124,199| |TOTALFUNDS||1,071,367|(763,879)|307,488| ## ##