2023-03-31-accounts

Trustees' report
Independent examiner's report
Statement offina ncia Iactivities
Balance sheet
Notes to the financial statements

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			f	f
Income from:
Donations and legacies			96,832	17,541
Other trading activities				7,722
Investments			107	49
Total income			96,939	25,312
Expenditure on:
Raising funds			567
Charitable activities			65,631	42,742
Total expenditure			66,198	42,742
Net income/(expenditure)	and movement	in funds	30,741	(17,430)
Reconciliation offunds:
Fund balances at 1April 2022			80,709	98,139
Fund balances at 31March 2023			111,450	80,709

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
Donations	and	gifts		95,482	17,541
Donated	goods	and	services	1,350
				96,832	17,541

	Fundraising events
4	Income from investments

Unrestricted	Unrestiicted
funds	funds
2023	2022
f	f
	7,722
Unrestricted	Unrestricted
funds	funds
2023	2022
107

	Fundraising	and	publicity
	Other fundraising		costs
6	Expenditure	on	charitable	activities

Unrestricted	Unrestricted
funds	funds
2023	2022
f	E
567

			Charitable	Charitable
			expenditure	expenditure
			2023	2022
			f	E
Direct Costs
Grant funding	ofactivities (see note 7)		63,570	39,000
Share ofsupport and governance		costs (see note 8)
Accountancy	fees		1,500	1,079
Bank Charges			561	563
Depreciation				2,100
			65,631	42,742
Analysis by fund
Unrestricted	funds		65,631	42,742

	Charitable	Charitable
	expenditure	expenditure
	2023	2022
	f
Grants to institutions:
Will Mackaness Trust	3,000	3,000
Kingston University		6,000
Portsmouth Sail Training Trust		10,000
Raw Workshop		10,000
Become Charity	60,000	10,000
Centrepoint	570
	63,570	39,000

Support costs allocated to activities
	2023	2022
Depreciation		2,100
Bank Charges	561	563
Governance costs	1,500	1,079
	2,061	3,742
Analysed between:
Charitable expenditure	2,061	3,742

Intangible fi	xed assets
		Development
		costs
Cost
At 1April 2022 and 31March 2023		8,400
Amortisation	and impairment
At 1April 2022 and 31March 2023		8,400
Carrying amount
At 31March	2023
At 31March	2022

11	Creditors: amounts	falling due within one year	falling due within one year
				2023	2022
				f	6
	Accruals and deferred		income	1,500

		At	1April 2022	Incoming	Resources	At 31March
				resources	expended	2023
				f		f
General	funds		80,709	96,939	(66,198)	111,450
Previous	year:	At	1April 2021	Incoming	Resources	At 31March
				resources	expended	2022
			f	f	f	f
General	funds		98,139	25,312	(42,742)	80,709