| Page | ||||
|---|---|---|---|---|
| Reference | and Administrative | Details | ||
| Trustees' | Report | |||
| Statement | ofTrustees' | responsibilities | ||
| Independent Auditor's |
Report | |||
| Statement | of Financial | Activities. | ||
| Balance Sheet | 12 | |||
| Statement | of Cashflows. | 13 | ||
| Notes to the Financial | Statements. . | 14 |
| Trustees w |
ho served d |
uring the ye |
ar and up to the date of si | gning | this | repor | t | were a | s follows: | |
|---|---|---|---|---|---|---|---|---|---|---|
| —Chair Susan 3ex |
||||||||||
| Emma Rose | ||||||||||
| 3ames Nichol | ||||||||||
| Matthew Demwell (appointed |
9 November | 2022) | ||||||||
| Donna Leech (resigned |
10 December 2022) | |||||||||
| Clare Moseley (resigned | 6 May 2023) | |||||||||
| Sara Wing (resigned 5 October 2022) |
||||||||||
| 3acky Griffiths (resigned |
7 December 2022) | |||||||||
| Paul Moore (resigned 5 |
October 2022) | |||||||||
| Iain Overton (appointed |
15 November | 2023) | ||||||||
| Sarah Blakemore (appointed |
10October | 2023) | ||||||||
| Principal | Office | 5 Brayford Square | ||||||||
| London | ||||||||||
| E1 OSG | ||||||||||
| Charity Registration | Number | Registered as a Charitable |
Incorporated | Organisation | "CIO" in | |||||
| England and Wales charity number |
1169048 | |||||||||
| Registered as an association |
in France | number | W626003482 | |||||||
| Chief Executive Officer | Steven Smith (appointed | 10 | April | 2023) | ||||||
| Clare Moseley (resigned | 10 April 2023) | |||||||||
| Auditor | Azets Audit Services Limited | |||||||||
| Triune Court | ||||||||||
| Monks Cross Drive | ||||||||||
| York | ||||||||||
| YO32 9GZ | ||||||||||
| Bankers | The Co-operative Bank |
PLC | ||||||||
| P.O. Box 101 | ||||||||||
| 1 Balloon Street | ||||||||||
| Manchester | ||||||||||
| M60 4EP | ||||||||||
| Solicitors | Farrer fk Co LLP |
|||||||||
| 66 Lincoln's Inn Fields |
||||||||||
| London | ||||||||||
| WC2A 3LH |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | funds | funds | ||||
| funds | funds | 2023 | 2022 | ||||
| Notes | E | E | E | ||||
| Income from: | |||||||
| Donations and legacies |
1,443,026 | 210,274 | 1,653,300 | 2,047,204 | |||
| Trading income —online shop |
29,235 | 29,235 | 57,950 | ||||
| Investment income |
28,639 | 28,639 | 8,424 | ||||
| Total income | 1,500,900 | 210,274 | 1,711,174 | 2,113,578 | |||
| Expenditure on: |
|||||||
| Charitable activities |
1,506,589 | 312,337 | 1,818,926 | 1,790,986 | |||
| Raising funds | 128,420 | 128,420 | 126,958 | ||||
| Trading expenditure |
—online | shop | 23,695 | 23,695 | 30,568 | ||
| costs | |||||||
| Total expenditure | 1,658,704 | 312,337 | 1,971,041 | 1,948,512 | |||
| Transfer between funds |
1 528 | 1 528 | |||||
| Net (expenditure)/income | and | ||||||
| movement in funds |
159332 | 100 535 | 259 867 | 165 066 | |||
| Reconciliation of |
funds | ||||||
| Total funds brou ht forward |
1 203 421 | 164828 | 1 368 249 | 1 203 183 | |||
| Total funds carried | forward | 14 | 1,044,089 | 64,293 | 1,108,382 | 1,368,249 |
| Notes | 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| Fixed assets | ||||||||
| Tangible assets | 14,094 | 15,365 | ||||||
| Current assets | ||||||||
| Investments | 10 | 696,238 | 754,491 | |||||
| Stocks | 173,730 | 249,485 | ||||||
| Debtors | 12 | 104,139 | 50,173 | |||||
| Cash at bank and | in | hand | 194,899 | 378,304 | ||||
| 1,169,006 | 1,432,453 | |||||||
| Creditors: Amounts |
falling | due within | one year | 13 | (74,718) | (79,569) | ||
| Net current assets | 1,094,288 | 1,352,884 | ||||||
| Net assets | 1,108,382 | 1,368,249 | ||||||
| Funds ofthe charity: | ||||||||
| Restricted funds | 14 | 64,293 | 164,828 | |||||
| Unrestricted funds: |
||||||||
| Unrestricted general |
funds | 347,851 | 448,930 | |||||
| Unrestricted designated |
funds | 696,238 | 754,491 | |||||
| Total unrestricted | funds | 1,044,089 | 1,203,421 | |||||
| Total funds | 14 | 1,108,382 | 1,368,249 |
| Note | 2023 f. |
2022f | ||||
|---|---|---|---|---|---|---|
| Cash flows from operating | activities | |||||
| Net cash (used in)/provided | by operating | activities | 16 | (270,297) | 205,767 | |
| Cash flows from investing | activities | |||||
| Interest received |
28,639 | 8,424 | ||||
| Decrease/(increase) in cash |
investments | 58,253 | (340,586) | |||
| Purchase of fixed assets |
(16,636) | |||||
| Net cash provided by/(used |
in) investing activities |
86,892 | (348,798) | |||
| Change in cash and cash |
equivalents | in the year | (183,405) | (143,031) | ||
| Cash and cash equivalents at |
the beginning ofthe year |
378,304 | 521,335 | |||
| Cash and cash equivalents | at the end | ofthe year | 194,899 | 378,304 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | |||
| E | E | |||||
| Donated | goods | for distribution | 29,922 | 29,922 | 283,837 | |
| Donations | and | le acies | 1,413,104 | 210,274 | 1,623,378 | 1,763,367 |
| 1443 026 | 210 274 | 1 653 300 | 2 047 204 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| 2023f | 2022f | ||||||
| Interest | receivable | on | bank | deposits | (unrestricted) | 28,639 | 8,424 |
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Note | ||||||||
| Direct costs of charitable | activities: | |||||||
| Food, clothing and |
equipment | for | refugees | 526,754 | 811,470 | |||
| Staff costs | 646,527 | 524,668 | ||||||
| Operational | costs | 277,973 | 107,027 | |||||
| Advocacy | 118,955 | 84,441 | ||||||
| Warehouse | and storage costs | 104,282 | 132,919 | |||||
| Volunteer | costs | 36973 | 22 891 | |||||
| Total direct | costs | 1,711,464 | 1,683,416 | |||||
| Support costs allocated | 44,750 | 37,816 | ||||||
| Governance | costs | allocated | 62 712 | 69 754 | ||||
| Total ex | enditure | on charitable | activit | 1818926 | 1 790 986 |
| Analysis ofgovernance and support costs |
||
|---|---|---|
| Support costs | Total 2023 |
Total 2022 |
| E | E | |
| Bookkeeping | 10,645 | 14,014 |
| Insurance | 7,193 | 6,144 |
| Bank charges | 2,398 | 2,289 |
| Depreciation | 1,271 | 1,760 |
| General expenses | 16,914 | 8,212 |
| Subscri tions and donations |
6 329 | 5 397 |
| 44 750 | 37 816 |
| Governance | costs | costs | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||||
| f. | |||||||||
| Audit fees | 11,094 | 9,360 | |||||||
| Preparation | of financial | statements | 2,160 | 1,680 | |||||
| Le al fees | 49,458 | 58,714 | |||||||
| 62 712 | 69 754 | ||||||||
| 6. | Staff costs, | trustees' | remuneration | and expenses | |||||
| Staff costs during | the | year | were as follows: | 2023 | 2022 | ||||
| Wages and | salaries | 585,991 | 480,378 | ||||||
| Social security | costs | 48,783 | 35,439 | ||||||
| Pension costs | 11753 | 8 851 | |||||||
| 646,527 | 524,668 |
| his is sta | ted after char | ging: | ||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Auditor's | remuneration | —Audit | 12,000 | 10,400 | ||
| Auditor's | remuneration | —Preparation | of financial | statements | 1,800 | 1,400 |
| De reciation | 1 271 | 1 760 |
| Tangible fix | ed | assets | ||||
|---|---|---|---|---|---|---|
| Office | Motor | |||||
| equipment | vehicles | Containers | Total | |||
| f. | ||||||
| Cost | ||||||
| At 1 October 2022 | 3,269 | 27,086 | 1,320 | 31,675 | ||
| Additions | ||||||
| As at 30 September | 2023 | 3 269 | 27 086 | 1 320 | 31675 | |
| Depreciation | ||||||
| At 1 October 2022 | 3,269 | 11,721 | 1,320 | 16,310 | ||
| Charge in the year |
1 271 | 1 271 | ||||
| As at 30 September | 2023 | 3 269 | 12992 | 1 320 | 17 581 | |
| Net book values | ||||||
| At 30 September | 2023 | 14,094 | 14,094 | |||
| At 30 September | 2022 | 15365 | 15365 |
| 10. | Investments | ||
|---|---|---|---|
| 2023 | 2022 | ||
| f. | |||
| Cash | investments | 696,238 | 754,491 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f. | f. | |||
| New | and | used goods for distribution | 173,730 | 249,485 |
| 12. | Debtors | |||
| 2023 | 2022 | |||
| f. | f. | |||
| Accrued | income | 104,139 | 50,173 |
| 3. | Creditors | : Amounts | falling due wi | thin one year | |||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| E | E | ||||||
| Trade | creditors | 18,446 | 35,207 | ||||
| Taxation and social security |
15,602 | 11,932 | |||||
| Other | creditors | 40 670 | 32 430 | ||||
| 74,718 | 79,569 | ||||||
| 4. | Funds | ||||||
| Balance at | |||||||
| Balance at | 30 | ||||||
| 1October | Income | Expenditure | Transfers | September | |||
| 2022 | E | 2023 | |||||
| Restricted funds | |||||||
| Legal | fund | 124,797 | 22,957 | (149,282) | 1,528 | ||
| Grou | s | 40 031 | 187317 | 163055 | 64 293 | ||
| 164,828 | 210,274 | (312,337) | 1,528 | 64,293 | |||
| Unrestricted | funds | ||||||
| General Desi nated funds |
448,930 754 491 |
1,500,900 | (1,658,704) | 56,725 58 253 |
347,851 696 238 |
||
| 1,203,421 | 1,500,900 | (1,658,704) | (1,528) | 1,044,089 | |||
| Total | funds | 1,368,249 | 1,711,174 | (1,971,041) | 1,108,382 | ||
| Balance at | |||||||
| Balance at | 30 | ||||||
| 1October 2021 |
Income f |
Expenditure f |
Transfers f |
September 2022 |
|||
| Restricted funds | |||||||
| Afghanistan | 124,056 | (124,056) | |||||
| Legal | fund | 124,797 | 124,797 | ||||
| Grou | s | 27 300 | 122 995 | 110264 | 40 031 | ||
| 151,356 | 247,792 | (234,320) | 164,828 | ||||
| Unrestricted | funds | ||||||
| General Desi nated funds |
637,922 413,905 |
1,865,786 — |
(1,714,192) — |
(340,586) 340,586 |
448,930 754,491 |
||
| 1,051,827 | 1,865,786 | (1,714,192) | 1,203,421 | ||||
| Total | funds | 1,203,183 | 2,113,578 | (1,948,512) | 1,368,249 |
| Unrestricted | Unrestricted | Total | |||
|---|---|---|---|---|---|
| Restricted 2023 |
general 2023 |
designated 2023 |
funds 2023 |
||
| f. | f. | f. | |||
| Tangible | fixed assets | 14,094 | 14,094 | ||
| Net current assets | 64,293 | 333,757 | 696,238 | 1,094,288 | |
| Total net | assets | 64,293 | 347,851 | 696,238 | 1,108,382 |
| Unrestricted | Unrestricted | Total | |||
| Restricted | general | designated | funds | ||
| 2022 | 2022 | 2022f | 2022 f. |
||
| Tangible | fixed assets | 15,365 | 15,365 | ||
| Net current assets | 164,828 | 433 565 | 754,491 | 1 352 884 | |
| Total net | assets | 164 828 | 448 930 | 754 491 | 1 368 249 |
| 6. Reconciliation |
of net movemen | ts in funds to net |
cash flow from operatin | g activities |
|---|---|---|---|---|
| 2023 | 2022 | |||
| f. | f. | |||
| Net movement in funds |
(259,867) | 165,066 | ||
| Depreciation charge |
1,271 | 1,760 | ||
| Interest income |
(28,639) | (8,424) | ||
| (Increase)/decrease | in debtors | (53,966) | 51,702 | |
| (Decrease)/increase | in creditors | (4,851) | 14,714 | |
| Decrease/(increase) | in stock | 75,755 | (19,051) | |
| Cash (outflow)/inflow | from operating | activities | (270,297) | 205,767 |
| Total | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | funds | |||
| funds | funds | 2022 | |||
| E | E | ||||
| Income from: | |||||
| Donations and legacies |
1,799,412 | 247,792 | 2,047,204 | ||
| Trading income —online shop |
57,950 | 57,950 | |||
| Investment income |
8 424 | 8 424 | |||
| Total income | 1,865,786 | 247,792 | 2,113,578 | ||
| Expenditure on: |
|||||
| Charitable activities |
1,556,666 | 234,320 | 1,790,986 | ||
| Raising funds | 126,958 | 126,958 | |||
| Trading expenditure |
—online | shop | 30,568 | 30,568 | |
| costs | |||||
| Total expenditure | 1,714,192 | 234,320 | 1,948,512 | ||
| Net income and movement | in funds | 151594 | 13472 | 165 066 | |
| Reconciliation of |
funds | ||||
| Total funds brou ht forward |
1 051 827 | 151356 | 1 203 183 | ||
| Total funds carried | forward | 1,203,421 | 164,828 | 1,368,249 |