| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted funds |
Notes | R | R | |
| Donations and legacies |
563,860 | 87,764 | ||
| Others - Grants | ||||
| Total Income and endowments | 563,860 | 87,764 | ||
| Charitable activities: Raising |
funds | 56,990 | 60,876 | |
| Management &Administrative |
expenses | 21,378 | 2,034 | |
| Total resources expended | 78,368 | 62,910 | ||
| Net Income/(expenditure) forthe year |
485,492 | 24,854 | ||
| Fund balances at30 May 2022 | 373,515 | 348,661 | ||
| Fund balances at 30May 2023 | 859,007 | 373,515 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | R | |||||
| Fixed assets | ||||||
| Land and building | 1,062,525 | |||||
| Current assets | ||||||
| Cash at bank and in hand | 227,476 | 482,895 | ||||
| 227,476 | 482,895 | |||||
| Creditors: amounts | falling due within | |||||
| one year | (131,231) | (109,380) | ||||
| Net current assets | 96,245 | 373,515 | ||||
| Total assets lass current liabilities | 1,158,770 | 373,515 | ||||
| Creditors: amounts | falling due after | |||||
| more than one year | (299,763) | |||||
| Net assets/(liabilities) | ||||||
| 859,007 | 373,515 | |||||
| income funds | ||||||
| Unrestricted funds |
859,007 | 373,515 | ||||
| 859,007 | 373,515 |
| Charitable | activities | ||
|---|---|---|---|
| Total | Total | ||
| 2023 | 2022 | ||
| R | |||
| Others | 8,920 | 6,964 | |
| Trustee's salaries | 13,851 | 12,570 | |
| Pension | 54 | ||
| Insurance | 1,951 | 561 | |
| Donations | 2,530 | 5,611 | |
| Other legal | and professional fees | (2,388) | 11,494 |
| Software | 320 | ||
| Rent | 15,645 | 18,900 | |
| Council tax | 2,997 | ||
| Repairs and maintenance | 200 | ||
| Services charges | 6,148 | ||
| Equipment | expenses | 504 | |
| Light and heat | 470 |
| (continued) | |||||||
|---|---|---|---|---|---|---|---|
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| R | |||||||
| Telephone | and fax | 1,534 | 1,221 | ||||
| Travel and | subsistence | 360 | 340 | ||||
| Employer's | Nl | 504 | 515 | ||||
| Utilities | 3,390 | 2,700 | |||||
| 56,9SO | 60,876 | ||||||
| 5 | Management | and administrative | expenses | ||||
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| E | R | ||||||
| Accountancy fees | 3,900 | 1,930 | |||||
| Bank loan | interest | 17,099 | |||||
| Bank charges Sundry expenses |
98 ~2 |
||||||
| 21 378 | |||||||
| 6 | Fixed assets | —Land and building | |||||
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| Cost addition | 1,062,525 | ||||||
| 7 | Creditors: | amounts falling due |
within one year | ||||
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| R | |||||||
| Accruals and | other creditors | 108,417 | 109,380 | ||||
| Bank loan | due within one year | ~22 14 131,231 |
109,380 | ||||
| 8 | Creditors: | amounts falling due |
after more than one year | ||||
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| Bank loan | 299,763 | ||||||
| Bank loan is secured. |
| 7 | Analysis ofnet assets between funds | Analysis ofnet assets between funds | ||||
|---|---|---|---|---|---|---|
| Fund balances | at 30May 2023are represented | by: | Total | |||
| R | ||||||
| Fixed assets | 1,062,525 | |||||
| Cash at bank | 227,476 | |||||
| Prepayments | ||||||
| Provisions and |
loan | (430,994) | ||||
| 859,007 | ||||||
| 2023 | 2022 | |||||
| R | R | |||||
| Surplus/(Deficit) | for the financial year | 485,492 | 24,854 | |||
| Opening funds |
373,515 | 348,661 | ||||
| 859,007 | 373,515 |