| Table ofContents | ||
|---|---|---|
| Forward by the Chair ofthe Trustees |
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| Objectives &Activities | ||
| Achievements &Performance |
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| Our plans beyond today | ||
| Financial Review | ||
| Structure, Governance &Management |
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| Reference &Administrative Details |
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| Statement ofTrustees responsibilities |
in respect ofthe Trustee annual | report and |
| the financial statements | ||
| Independent Examiners Report |
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| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements |
| Our legal framework | Our legal framework | Our legal framework | is as follows: | is as follows: | |||
|---|---|---|---|---|---|---|---|
| Full name of | charity: | We Solve Problems | CIO | ||||
| Registration | Charity Number: | 1171037 | |||||
| The correspondence | address | is: | Delmon House |
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| 36-38Church | Road | ||||||
| Burgess Hill |
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| West Sussex | |||||||
| RH15 9AE | |||||||
| The bankers | are: | Unity Trust Bank | |||||
| 9 Brindley Place | |||||||
| Birmingham | |||||||
| B12HB | |||||||
| The accountants | are: | Sigma Partners | |||||
| Delmon House |
|||||||
| 36-38Church | Road | ||||||
| Burgess Hill |
|||||||
| West Sussex | |||||||
| RH15 9AE | |||||||
| Our Trustees | are: | Amir Aliev | |||||
| Elena Boguslavskaya | |||||||
| Vasily Filippov |
| Unrestricted | Endowment | Total | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||
| Note | ||||||
| Incoming Resources | ||||||
| Donations | 77,744 | 0 | 77,744 | 3,917 | ||
| Tutoring Fees Receivable |
6,990 | 0 | 6,990 | 0 | ||
| Government Grants |
0 | 0 | 0 | 7,292 | ||
| HMRC Interest Receivable | 0 | 0 | 0 | 51 | ||
| Total Incoming Resources |
84,734 | 0 | 84,734 | 11,260 | ||
| Resources Expended | ||||||
| Charitable Expenditure |
3 | 32,285 | 0 | 32,285 | 395 | |
| Management and Administration |
4 | 32,294 | 0 | 32,294 | 13,218 | |
| Total Resources Expended | 64,579 | 0 | 64,579 | 13,613 | ||
| Net movement in funds for the |
year | 20,155 | 0 | 20,155 | -2,353 | |
| Total Funds brought forward |
6,942 | 0 | 6,942 | 9,295 | ||
| Total Funds carried forward | 27,097 | 0 | 27,097 | 6,942 |
| Unrestricted | Endowment | Total | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||||
| Note | |||||||
| Fixed Assets | |||||||
| Website | 7,082 | 0 | 7,082 | 0 | |||
| Computer | Equipment | 14 | 0 | 14 | 504 | ||
| 7,096 | 0 | 7,096 | 504 | ||||
| Current | Assets | ||||||
| Stock of | Prizes | 175 | 0 | 175 | 355 | ||
| Tax Refund due | 16,750 | 0 | 16,750 | 1,250 | |||
| Other Debtors | 0 | 0 | 0 | 0 | |||
| Cash at Bank - current account | 4,512 | 0 | 4,512 | 6,102 | |||
| 21,437 | 0 | 21,437 | 7,707 | ||||
| Current | Liabilities | ||||||
| Creditors | and Accruals | 1,436 | 0 | 1,436 | 1,269 | ||
| Net Current Assets | 20,001 | 0 | 20,001 | 6,438 | |||
| Total Net Assets | 27,097 | 0 | 27,097 | 6,942 | |||
| Funds | 9 | 27,097 | 0 | 27,097 | 6,942 |
| Charitable expenditure |
is | comprised | comprised | comprised | of: | 2023 6 |
2022 f |
|
|---|---|---|---|---|---|---|---|---|
| Contractors providing |
tuition | 27,962 | 0 | |||||
| Events, prizes &competition | casts | 3,169 | 395 | |||||
| Books 8 educational | materials | 1,154 | 0 | |||||
| 32,285 | 395 | |||||||
| Management and Administration |
||||||||
| Management and administration |
expenses are comprised | of: | ||||||
| 2023 | 2022 | |||||||
| f | ||||||||
| Administrative Salaries |
19,231 | 9,903 | ||||||
| Employer's Nl |
0 | 0 | ||||||
| Pension Costs | 437 | 172 | ||||||
| Travel | 1,807 | 0 | ||||||
| Print, Post & Stationery | 1,222 | 68 | ||||||
| Computer Costs |
111 | 0 | ||||||
| Advertising, Marketing |
& | Promotional | Materials | 1,886 | 0 | |||
| Sundries | 250 | 0 | ||||||
| Insurance | 96 | 0 | ||||||
| Accountancy | 2,019 | 2,488 | ||||||
| Legal &Professional | Fees | 2,858 | 0 | |||||
| Bank Charges | 118 | 72 | ||||||
| HMRC Interest | 0 | 25 | ||||||
| Amortisation —Website |
1,769 | 0 | ||||||
| Depreciation - Computer |
Equipment | 490 | 490 | |||||
| 32,294 | 13,218 |
| 2023 | |
|---|---|
| Website | |
| Cost | |
| As at01.05.2022 | |
| Additions | 8,851 |
| As at 30.04.2023 | 8,851 |
| Amortisation | |
| As at 01.05.2022 | |
| Charge for Year | 1,769 |
| As at 30.04.2023 | 66 |
| NBV | |
| As at 30.04.2023 | 7,082 |
| As at 30.04.2022 | 0 |
| Fixed Assets | |
| Computer Equipment |
2023f |
| Cost | |
| As at 01.05.2022 | 1,484 |
| Additions | |
| As at 30.04.2023 | 1,484 |
| As at 01.05,2022 | 980 |
| Charge for Year | 490 |
| As at 30.04.2023 | 1,470 |
| NBV | |
| As at 30.04.2023 | 14 |
| As at 30.04.2022 | 504 |
| Creditors | and Accruals | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 6 | ||||
| Accruals | 1,440 | 1,320 | ||
| Expenses | due | 678 | 0 | |
| PAYE due | -791 | -51 | ||
| Pensions | due | 109 | 0 | |
| 1,436 | 1 | 269 |