2023-08-31-accounts - Phoenix Autism Trust

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Trustees			Stewart Harris	-	Chair
			Jonathan Gaunt
			Tina Sode
			Andrew Scott Lusk
			Mike Wojcik
Senior Management		Team	Renato Marques		Teixeira —Principal
			Ricky Nunn -Assistant				Principal
			Seny Begum —Office			Manager		(Sept 2022 —April 2023)
			Amooti Binaisa	—Senior Administrator				(April 2023 —August 2023)
Charity number			1172227
Company	number		09615159
Registered	office		Phoenix Autism		Trust
			2 Paton Close
			London
			E32QD
Auditors			SKSAudit LLP
			3Sheen Road
			Richmond Upon		Thames
			TW9 1AD
Bankers			Royal Bank of	Scotland
			Threadneedle	Street		Branch
			London
			EC2R SLA
Website			www. phoenixcollege.			london

		Page
Trustees' report		1-6
Independent auditor's	report	7-9
Statement offinancial	activities	10
Balance sheet
Statement ofcash flows		12
Notes to the financial	statements	13-22

				Unrestricted	Restricted	Total	Total
				funds	funds
			Notes	2023 6	2023 F	2023f	2022 6
Income from:
Charitable activities			3	1,741,232	43,035	1,784,267	1,161,369
Investments			4	9,316		9,316
Total income				1,750,548	43,035	1,793,583	1,161,369
~ECht
Raising funds			5	25,711		25,711	59,399
Charitable activities			6	1,520,304		1,520,304	829,241
Total expenditure				1,546,015		1,546,015	888,640
Net incoming	resources	before transfers		204,533	43,035	247,568	272,729
Gross transfers	between	funds		27,054	(27,054)
Net income for the year/
Net movement	in funds			231,587	15,981	247,568	272,729
Fund balances	at 1 September 2022			1,176,606		1,176,606	903,877
Fund balances	at 31August 2023			1,408,193	15,981	1,424,174	1,176,606

				2023		2022
			Notes	6		6
Fixed assets
Tangible assets			10		22,327
Current assets
Debtors				17,711		1,020
Cash at bank and	in	hand		1,479,333		1,580,098
				1,497,044		1,581,118
Creditors: amounts		falling due within	12
one year				95,197		404,512
Net current assets					1,401,847		1,176,606
Total assets less	current liabilities				1,424,174		1,176,606
Income funds
Restricted funds					15,981
Unrestricted funds					1,408,193		1,176,606
					1,424,174		1,176,606

					2023
				Notes	f		f
Cash flows from operating			activities
Cash (absorbed	by)/generated		from	18
operations						(83,027)		480,805
Investing activities
Purchase oftangible fixed assets					(27,054)
Investment income received					9,316
Net cash used	in investing		activities			(17,738)
Net cash used	in financing		activities
Net (decrease)/increase in		cash and		cash
equivalents						(100,765)		480,805
Cash and cash	equivalents	at beginning		ofyear		1,580,098		1,099,293
Cash and cash	equivalents		at end of	year		1,479,333		1,580,098

	Unrestricted	Total	Total
	Funds	2023	2022
	8	6	F
London Borough ofTower Hamlets	947,197	947,197	654,948
Education and Skills Funding Agency	632,668	632,668	363,645
London Borough of Hackney	189,277	189,277	102,625
Essex County Council	15,000	15,000
Other income	125	125
Kent County Council			15,000
London Borough of Newham			10,151
Southwark Council			15,000
	1,784,267	1,784,267	1,161,369
Analysis by fund
Unrestricted funds - general	1,741,232	1,741,232	1,161,369
Restricted funds	43,035	43,035
	1,784,267	1,784,267	1,161,369
For the year ended 31August 2022
Unrestricted funds - general	1,161,369		1,161,369
	1,161,369		1,161,369

Investments
	Unrestricted	Total	Total
	funds 6	2023 6	2022f
Interest Income	9,316	9,316
	9,316	9,316

			Unrestricted	Total	Total
			funds 6	2023	2022f
Staff costs			17,782	17,782	15,622
Share ofsupport costs (see note 7)			7,716	7,716	41,856
Share ofgovernance		costs (see note 7)	213	213	1,921
			25,711	25,711	59,399
For the year	ended	31August 2022
Fundreising	and publicity		59,399		59,399
			59,399		59,399

		Educational	Total	Total
		Operations	2023	2022
		6	6	F
Staff costs		971,388	971,388	591,785
Learning resource costs		93,331	93,331	39,639
Student Meals costs		42,404	42,404	20,958
Membership and Subscriptions		7,121	7,121	1,750
Transport &Travel costs		17,548	17,548
		1,131,792	1,131,792	654,132
Share ofsupport costs (see note 7)		378,099	378,099	167,424
Share of governance	costs (see note 7)	10,413	10,413	7,685
		1,520,304	1,520,304	829,241
Analysis by fund
Unrestricted funds -	general	1,520,304	1,520,304	829,241
		1,520,304	1,520,304	829,241
Forthe year ended	31August 2022
Unrestricted funds -	general	829,241		829,241
		829,241		829,241

						Support	Governance	Total	Total
						costs	costs	2023	2022
						6	f	6	F
	Staff costs					119,490	4,446	123,936	70,196
	Depreciation					4,727		4,727
	Management	and administration				17,853		17,853	52,691
	Insurance					7,399		7,399	5,295
	Bank charges and interest					812		812	80
	Training					15,286		15,286	515
	Legal and professional		fees			31,831		31,831	3,780
	ITCosts					29,664		29,664	11,960
	General expenses					6,352		6,352	3,669
	Rent					130,000		130,000	65,000
	Recruitment	Costs				5,010		5,010
	Repairs and	maintenance				17,391		17,391
	Auditor's fees						6,180	6,180	5,700
						385,815	10,626	396,441	218,886
	Analysed between
	Fundraising					7,716	213	7,929	43,777
	Charitable activities					378,099	10,413	388,512	175,109
						385,815	10,626	396,441	218,886
8	Net Incomel	Expenditure		for	the year			2023	2022
	Depreciation	ofowned tangible			fixed assets			4,727
	Auditor's Remuneration
	Audit Fees							4,020	3,600
	Non Audit Fees							2,160	2,100
								6,180	5,700

The average monthly	number ofemployees during the year	was:
		2023	2022
		Number	Number
Fundraising		0.20
Charitable Activities		15.27
Administration and Support		2.90
Governance		0.05
Total		18.42
Employment costs		2023 f	2022f
Wages and salaries		609,719
National Insurance costs		61,949
Other pension costs		119,920
Agency and seconded	staff costs	321,518
		1,113,106

			2023	2022
			Number	Number
f60,001	to	F70,000
f70,001	to	f80,000

10	Tangible fix	ed asset	s
						ITequipment
						6
	Cost
	Additions					27,054
	At 31August	2023				27,054
	Depreciation	and impairment
	Depreciation	charged	in the year			4,727
	At 31August	2023				4,727
	Carrying amount
	At 31August	2023				22,327
11	Debtors
					2023	2022
	Amounts falling due		within one year:		6	6
	Accrued income				15,560
	Prspayments				2,151	1,020
					17,711	1,020
12	Creditors: amounts		falling due within one year
					2023	2022
				Notes
	Deferred income			15		56,226
	Trade creditors				26,908	342,586
	Taxation and	social security			14,347
	Other creditors				20,451
	Accruals				33,491	5,700
					95,197	404,512

							Movement	in funds
						Balance at	Incoming	Transfers	Balance at
					1	September 2022 E	resources f	f	st August 202t3
Education	and	Skills	Funding	Agency			43,035	(27,054)	15,981
							43,035	(27,054)	15,981

Analysis ofnet assets bet	ween funds
	Unrestricted	Restricted	Total	Unrestricted	Total
	funds	funds	2023	funds	2022
	6		6	f.
Fund balances at 31August
2023 are represented by:
Tangible assets	22,327		22,327
Current assets/(liabilities)	1,385,866	15,981	1,401,847	1,176,606	1,176,606
	1,408,193	15,981	1,424,174	1,176,606	1,176,606
Deferred income
				2023	2022f
Deferred income is included	within:
Movements in the year:
Deferred income at 1 September 2022				56,226	39,603
Released from previous periods				(56,226)	(39,603)
Resources deferred in the year					56,226
Deferred income at 31August 2023					56,226

18	Cash generated from	operations	operations				2023f	2022
	Surplus for the year						247,568	272,729
	Adjustments for:
	investment income recognised		in statement		of financial	activities	(9,316)
	Depreciation and impairment oftangible			fixed assets			4,727
	Movements in working	capital:
	(Increase)/decrease in	debtors					(16,691)	8,180
	(Decrease)/increase in	creditors					(253,089)	183,273
	(Decrease)/increase in	deferred	income				(56,226)	16,623
	Cash (absorbed by)/generated		from operations				(83,027)	480,805
19	Related party transactions