OpenCharities

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2023-03-31-accounts

2023 2022
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
Note f f f f f
Income:
Donations
and legacies
3 2,347 2,347 2,807 2,807
income from charitable activities:
Grants and Contributions 4 600,000 600,000 621,000 621,QQQ
Other 578 1,872 2,450 6Q6 711 1,317
Totalincome 2,925 601,872 604,797 3,413 622,722 625,124
Expenditure:
Charitable
activities
6 4,115 755,923 760,038 624,666 624,666
Total expenditure 4,115 755,923 760,038 624,666 624,666
Net income /(expenditure) 8 (1,190) (154,051) (155,241)
Transfer between funds (3,405) 3,405 66,827 (66,827)
Net movement
in funds
(4,595) (150,646) (155,241) 70,240 (69,782j 458
Reconciliation
offunds:
Total funds brought
forward
188,089 634,278 822,367 117,849 217,56Q 335,409
Prior year adjustment 486,5QQ 486,5QQ
As restated 188,089 634,278 822,367 117,849 704,060 821,909
Total funds carried forward 12 183,494 483,632 667,126 788,089 634,278 822,367

BALAN CE
SHEE
T AT 31 M ARCH 2023
RESTATEO
Note f 2023
E
2022f
Fixed assets
Tangible assets 9 800 2,169
Totalfixed assets 800 2,169
Current assets
Debtors & prepayments 10 19,666
Cash at bank and in hand 859,508 987,784
Totalcurrentassets 859,508 1,007,450
Liabilities
Creditors: amounts falling due
within one year 11 193,182 187,252
Net current assets 666,326 820,198
Creditors:
amounts
falling due
after one year
Net assets 667,126 822,367
The funds ofthe charity
Unrestricted
income
funds 12 183,494 188,089
Restricted income funds 12 483,632 634,279
Totalfunds 667,126 822,367

STA TE MENT
OF CASH FLOWS
AT 31 M ARCH 2023
2023 2022
Note E E
Net cash flow from operating activities 14 (130,274) 289,228
Cash flow from investing activities
Interest received 1,998 1,317
Purchase oftangible
fixed
assets (2,398)
Net cash flow from investing actvities 1,998 (1,081J
Net increase / (decrease) in cash and cash equivalents (128,276) 288,147
Cash and Cash Equivalents at 1April 2022 987,784 699,637
Cash and Cash Equivalents at 31March 2023 859 508 987784,
Cash and cash equivalents consists of:
Cash at bank and in hand 859,508 987,784
Cash and Cash Equivalents at 31March 2023 859,508 987,784

3. Income from donations and legac ies
2023 2022
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds funds funds
f f f f 6 E
Sundry donations 2,347 2,347 2,807 2,807
4. Income from charitable activities
2023 2022
Unrastricted Restricted Total Unrestricted Restricted Total
funds
f
funds
f
funds
f
funds
6
funds
f
fundsf
Grants: DHSC- Deartment for Education 600,000 600,000 621,000 621,000
600,000 600,000 621,000 621,000
S. Other income
2023 2022
Unrestricted Unrestricted
Unrastrictad Restricted Total Unrestricted Restricted Total
funds funds funds funds funds funds
f f f 5 t 6
Bank interest 126 1,872 1,998 42 711 753
Royalties 452 452 564 564
578 1,872 2/50 606 711 1,317

2023 2022
Unrestricted Restricted Total Unrestricted Restricted Totoi
Note funds funds funds funds funds funds
f E 6
Wages, Nl &pension 566 440,457 441,023 467,244 467,244
Payroll service 515 515 1,105 1,105
Governance costs 7 8,993 8,993 7,400 7,400
Consultancy 540 540
Recruitment 12,823 12,823 2,774 2,774
Staffexpenses 318 1,568 1,886 295 295
Training 540 540 687 687
Payments to beneficiaries 142,548 142,548 337 337
Family research 2,373 2,373 2,557 2,557
Memberships
&subscriptions
1,788 1,788 2,057 2,057
Overseas travel 1,000 65,009 66,009 5,328 5,328
UK travel 692 6,981 7,673 3,981 3,981
Rent &rates 26,384 26,384 25,466 25,466
Utilities 8,317 8,317 8,700 8,700
Repairs &renewals 1,193 1,193 1,974 1,974
Cleaning &household 3,840 3,840 7,436 7,436
insurance 2,692 2,692 2,053 2,053
Website design & maintenance 491 491 606 606
Postage, printing, stationery &teleph 30 11,172 11,202 14,683 14,683
Conferences
&events
567 567 1,243 1,243
Hospitality 85 2,687 2,772 2,269 2,269
Marketing
& publicity
1,158 1,158 2,012 2,012
Officeequipment 2,378 2,378 5,358 5,358
Bank charges 55 496 551 434 434
Loss on currency exchange 10,953 10,953 (6,652) (6,652)
Depreciation 1,369 1,369 1,369 1,369
Grant monies repaid 63,410 63,410
4,115 755,923 760,038 ' .'u hfn 67:Lt uF

Analysis ofgovernan ce
costs
2022
Unrestricted Restricted Total Llnrestricted Restricted Total
funds
f
funds
f
funds
f
funds
f
fundsf fundsf
Legal and professional 673 673
Audit fees 7,820 7,820 7,400 7,400
Consultancy 500 500
8,993 8,993 7,400 7,400

Net income / (expenditure)
is stated aft
er charging / (c rediting):
2023 2022
f f
Operating lease rentals 24,000 24,000
Net (gains) / losses on foreign currency 10,953 (6,652)
gible fixed assets
IT Phone General
equipment system equipment Total
f f f
Cost
At 1April 2022 12,904 5,418 719 19,041
Additions
At 31March 2023 12,904 5,418 719 19,041
Depreciation
At 1April 2022 10,735 5,418 719 16,872
Additions 1,369 1,369
At 31March 2023 12,104 5,418 719 18.241
Net book value
At 31March 2023 800 800
At 1April 2022 2,169 2,169

Debtors
2023 2022
f
FRF Prepayments
Prepayments &accrued income 206
Other Debtors 29,460
19,666

2023 2022
f
Trade creditors 4,943 9,245
Other creditors and accruais 188,239 278,007
193,182 187,252

Fund Re con ciliation
Transfer
Opening between Closing
balance Income Expenditure funds balance
E E E E E
Unrestricted funds
General fund 188,089 2,925 (4,115) (3,405) 183,494
188,089 2,925 (4,115) (3,405) 183,494
Restricted funds
Department for Education
-section 70Grant 600,000 (603,405) 3,405
FRF Beneficiaries 634,278 1,872 (152,518) 483,632
634,278 601,872 (755,9231 3,405 483,632

Analysis ofnet asset s by fund
2023 2022
Unrestricted Restricted Unrestdcted Restricted
Funds Funds Total Funds Funds Funds Total Funds
E E f E
Fixed assets 800 800 2,169 2,169
Net current assets 183,494 482,832 666,326 188,089 632,109 820,198
183,494 483,632 667,126 188,089 634,278 822,367

14. Reconciliation
ofnet
income / (expenditure) income / (expenditure) to net cash flow from operating to net cash flow from operating activities
2023 2022
E f
Net income / (expenditure) foryear (155,241) 46,258
Depreciation
charge
1,369 1,369
Interest received (1,998) (1,317)
(Increase) / decrease in debtors 19,666 171,316
Increase /(decrease)
in creditors
Net cashf low from operating
activities
5,930
~130.274)
71,602
289,228
Analysis ofnet debt
01-Apr-22 Cashf low 31-Mar-23
Cash at bank and in hand 987,784 128,276 859,508

2023 2022
f f
Wages 419,042 388,059
Social security costs 11,024 3Q,868
Pension 11,971 48,327
442,038 467,244
The average weekly number ofemployees during the year was 6(2022:6)
The number ofemployees whose emoluments fell within the following bands:
f 2023 2022
110,000 - 119,999 1 2
80,000 - 89,999 0 Q
60,000 —69,999 1 1
The remuneration ofkey management personnel is as follows:
2023 2022
f E
Aggregate
compensation
181,029 266,3Q4