```
REGISTERED COMPANY NUMBER: 10994693 (England and Wales)
REGISTERED CHARITY NUMBER: 1175032
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
```
```
FOR
```
```
THE SUSSEX ASSOCIATION FOR SPINA BIFIDA
AND HYDROCEPHALUS
```
```
Ashdown Hurrey Auditors Limited
Statutory Auditors
20 Havelock Road
Hastings
East Sussex
TN34 1BP
```
```
THE SUSSEX ASSOCIATION FOR SPINA BIFIDA
AND HYDROCEPHALUS
```
```
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
```
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`4`|
|**`Statement of Trustees' Responsibilities`**||`5`||
|**`Independent Examiner's Report`**||`6`||
|**`Statement of Financial Activities`**||`7`||
|**`Balance Sheet`**||`8`||
|**`Notes to the Financial Statements`**|`9`|`to`|`18`|
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA`**
## **`AND HYDROCEPHALUS (REGISTERED NUMBER: 10994693)`**
## **`REPORT OF THE TRUSTEES`**
## **`FOR THE YEAR ENDED 31 DECEMBER 2022`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwiththe financial
statementsofthecharityfortheyearended31December2022.ThetrusteeshaveadoptedtheprovisionsofAccounting and
ReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
The objects of the charity are defined in clause 3 of the articles of association as:
```
```
TheobjectsoftheAssociationarethereliefofpersonswhohavespinabifidaand/orhydrocephalusoralliedorrelateddisorders who
areresidentorwereformerlyresidentinthecountiesofEastandWestSussexandadjacentareasbyprovidingfortheir care,
welfare, treatment, education and integration into society.
```
```
Thecharity'smissionstatementis"OurmissionistosupportallpeopleinSussexaffectedbyspinabifida,hydrocephalusand other
related conditions to achieve their potential, whilst promoting understanding of, and respect for, those with these conditions."
```
```
Thecharityaimstoprovidepublicbenefittothesectionofthepublicaffectedbythesedisabilitiesbyprovidingthe services
described below under "Meeting Objectives".
```
## **`Grant making`**
```
Sasbahchangeditspolicyonwelfaregrantsin2013toreflectthefactthatassistancetomembersmaybegiveninfindinggrants for
welfare purposes from outside bodies, but that welfare grants to individuals will not be made by Sasbah itself.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
```
Thecharityworkstoachieveitsobjectivesinthefollowingways,whicharefurtherdescribedintheImpactReport(q.v.). In
planning activities the trustees have given due regard to the Charity Commission's guidance on public benefit.
```
## **`Meeting Objectives`**
```
The charity meets its objectives and public benefit duties by providing services to groups and to individuals as listed below.
```
## **`Services to Groups`**
- `Day events: 211 were held, including sports, games, meals out, theatre trips and crafts.`
- `46 Meetings of local support groups were held around the county, enabling service users, families and staff to meet each`
- `informally.`
- `Bourne Free Youth Club in Eastbourne is run by Sasbah and met fortnightly open to those with any physical and/or learning`
- `disability. This also became a fortnightly online group throughout the year.`
- `36 people with disabilities attended a well established social enterprise providing work experience to service users, and employing`
- `a centre manager and a training & development officer. Contracts of work were completed by staff and volunteers and service users.`
- `222 online support groups were delivered throughout the year including bingo, art, cookery, games, quizzes, exercise classes,`
- `Bourne Free and Virtual Advisors.`
- `Our youth development programme included 3 residential breaks.`
## **`Services to Individuals`**
```
-Personal service provided to over 500 service users and their families or carers.
```
```
-Advisersgaveindividualsupportandadviceonbenefits,finance,health,education,accommodation,transport,relationships, care
issues etc.
```
- `Assistance was provided in finding external funds to benefit service user's welfare.`
- `An NHS Clinic at Chailey Clinical Services was run in partnership with Sasbah, and Sasbah provided an adviser.`
- `Family support linked families to share experiences, make them more resilient and to support them in their caring duties.`
- `-Newsletter was widely distributed in 2022. An E-news letter was distributed monthly.`
- `Website at www.sasbah.org.uk was updated and rebranded in 2019, this has been maintained.`
- `Gun Hill Centre was used for social enterprise activity and provided an activity base and point of contact.`
- `Sasbah's Adviser service supported many people in Sussex affected by reductions in government support.`
```
Page 1
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS (REGISTERED NUMBER: 10994693)`**
## **`REPORT OF THE TRUSTEES`**
## **`FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`FINANCIAL REVIEW`**
## **`Sources`**
```
Fundingisattractedfrommanysourcesincludingtrusts,countycouncilsandotherlocalauthorities.Majorfundersarelistedin the
notestotheaccounts.Activefundraisingismaintainedinthecommunity,includingcollectionsandevents.SASBAHstaffincludes a
fundraiserandcommunitydevelopmentworkerwhoorganisegrantapplicationsandfundraisingactivities.SasbahChristmas cards
aredistributedbySaspire.Thepandemichadamajoreffectonthisandin2022mostfundsweresourcedfromgrantproviders and
the Government via the many emergency pots that emerged.
```
## **`Performance`**
```
Incomehasbeensustainedduringtheyeardespiteadifficultfundraisingclimate;wehavecontinuedtomaintainagood relationship
withtrustsandfoundationstowhomwearewellknown.Plannedservicesandactivitieshavebeencontinuedanddeveloped, and
reserveshavebeenmaintained.Thecharityendeavourstorecoversomeoverheadcostswithinservicegrants,usingfull cost
recovery procedures. The budget for 2023 has been approved.
```
## **`Saspire Funding`**
```
Saspire'sbusinessplanindicatesthatalthoughitslevelofactivityisdeveloping,thecompanywillnotbeprofitableforsometime, if
ever.Sasbahfundraisinghasbeensuccessfulinobtainingrestrictedgrantfundingforthepurposeofsocialenterprisesothat Saspire
doesnotformanetcosttotheotherfundsofthecharity.However,astheturnoverisnotashighasweanticipatedandthe fact
that government have increased the trading levels for charities, it has been decided to keep the service within Sasbah.
```
## **`Investment policy`**
```
The charity holds investments in the form of cash deposits and shares in a subsidiary.
```
## **`Reserves policy`**
```
In accordance with CC19 the Trustees have adopted the following policy:
```
- `The charity needs to hold financial reserves in order to: -assure continuity of support to those it benefits`
- `-assure continuity of employment to its staff`
- `-permit any changes needed to be made in an orderly manner`
- `-provide some capacity to launch new projects`
```
ForthesepurposestheTrusteesaimtoholdmoniesequivalenttobetween4and12monthsaverageexpenditure,overalland within
eachofthecharity'sprojects.TheTrusteeswillallocateorretainmoniesforeachoftheprojectstoachievetheabovereserves level
as funds become available. The Trustees will review the actual reserves level annually and reallocate funds accordingly.
```
## **`Political Contributions`**
```
The charity does not make political contributions.
```
## **`FUTURE PLANS`**
- `To continue to develop our provision meeting the needs of our service users.`
- `To ensure that suitable activities and support are provided for older service users.`
- `To expand the activities of Saspire in house as a Sasbah service.`
- `To continue to develop new strategic and business plans for Sasbah.`
- `To maintain and where necessary to enhance existing service provision to meet service users' needs.`
- `Continually develop initiatives for data management and measuring outcomes.`
- `Plans to develop on the hybrid style of support services that we have developed and to maintain the digital inclusion work we have`
- `created.`
- `Expand on our digital transformation as an organisation.`
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limitedbyguarantee, as
defined by the Companies Act 2006.
```
```
Page 2
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS (REGISTERED NUMBER: 10994693)`**
## **`REPORT OF THE TRUSTEES`**
## **`FOR THE YEAR ENDED 31 DECEMBER 2022`**
```
Thegoverningdocumentofthecharity,whichwasfoundedin1965,istheConstitutionadoptedatitsAGMin1995andamended in
conjunctionwiththeCharityCommissioninApril1999.Howeverin2018thecharitywasincorporatedandsonowhasarticles of
associationthatwereadoptedon1stJanuary2018.TheAssociationisrunbyaBoardofTrustees.Thecommitteemeets quarterly
andincludesadultswithrelevantskillsandexperience.AllstaffreporttotheChiefExecutiveOfficerwhointurnreportsto the
board.
```
## **`Trustees`**
```
ThearticlesofassociationprovidesforaChairelectedforatermofofficeasdeterminedbytheBoardofTrustees.Thereshallbe at
least three and no more than ten Trustees.
```
```
Newtrusteesarechosentoensurerepresentationofrelatedinterests,andappropriateskillsandexperience.Theymaybe co-opted
bythetrusteecommitteepriortomeetingsandonanongoingbasis.Newtrusteesareintroducedtothetrusteebodyandto the
staff, and are provided with a handbook containing the articles of association, policy manual and other reference material.
```
## **`Risk Policy`**
```
TheTrusteesconsiderthatthemainareasofrisktothecharityaredataloss,externalclaims,incomelossandpersonnelloss. The
Trusteesassesstheserisksineachareaofactivityandintroduceprocedurestoeliminaterisksandminimisethosewhichcannot be
eliminated.TheAssociationmaintainsemployer'sandpublicliabilityinsurance.TheTrusteesreviewtheareasofriskand procedures
annually to ensure that new risks are identified and that the exposure to risk is minimised.
```
## **`Investment Powers`**
```
ThetrusteesareempoweredtoinvestwidelyunderClause4&8ofthearticlesofassociation.Howeverthecharitydoesnot hold
sufficientfundstojustifyinvestmentsotherthandepositandcurrentbankaccounts.Suchaccountsarechosensoasto balance
convenience, security, reasonable interest, and good service, and to spread risk.
```
## **`Volunteers`**
```
Over60volunteersassistedinfundraising,activitiesandevents.DisclosureandBarringServicechecksareobtainedfor volunteers
where appropriate.
```
## **`Management`**
- `The Chief Executive Officer runs SASBAH with the Trustees.`
- `A handbook is maintained as a reference for staff and volunteers.`
- `Sub-committees exist for finance & risk management. Training is provided in spina bifida, hydrocephalus and related issues /`
- `conditions..`
- `Training is attended by staff, Trustees and volunteers locally and nationally, relating to SASBAH services, to charity management,`
- `legal compliance and to social enterprise.`
- `The reserves policy is reaffirmed annually by the Trustees.`
- `The risk assessment is reviewed periodically by the Trustees, and reaffirmed annually.`
- `Safeguarding is key to Sasbah's operation and training is undertaken annually by all.`
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
10994693 (England and Wales)
```
## **`Registered Charity number`**
```
1175032
```
## **`Registered office`**
```
SASBAH Office
Units 5 & 6 Swan Wood Park
Gun Hill
Horam
East Sussex
TN21 0LL
```
```
Page 3
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS (REGISTERED NUMBER: 10994693)`**
## **`REPORT OF THE TRUSTEES`**
## **`FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`Trustees`**
```
M West
H Lewis
C Kirby
T McDermott-Roe(part of year, appointed)
I Wooler(part of year, appointed)
```
## **`Company Secretary`**
```
R Sanglaji
```
## **`Independent Examiner`**
```
Ashdown Hurrey Auditors Limited
Statutory Auditors
20 Havelock Road
Hastings
East Sussex
TN34 1BP
```
## **`Advisers`**
## **`Banks`**
```
NatWest, Carfax, Horsham, West Sussex, RH12 1YZ
CAF Bank Ltd, Kings Hill, West Malling, Kent, ME19 4JQ
Virgin Money PLC, Jubilee House, Gosforth, Newcastle Upon Tyne, NE3 4PL
```
## **`Payroll`**
```
Aequitas Ltd, 1 Swan Wood Park, Gun Hill, Horam, TN21 0LL
```
## **`Chief Executive`**
```
The senior employee is the Chief Executive Office, Romeen Sanglaji
```
## **`SASPIRE`**
```
SaspireLtdwasincorporatedasawhollyownedsubsidiaryofSASBAHon13thApril2010,companynumber07221776.Since the
incorporationofSASBAHthishasbecomeaninhouseSASBAHservice.Attheendof2021wecloseddownthecompanyby notifying
Companies House.
```
## **`Activity`**
```
ItistheaimofSaspiretoprovideworkexperienceandpersonaldevelopmenttoSASBAHvolunteersandserviceusers.The two
mainlongtermsourcesofrevenuearecontractswiththirdpartiesforoutsourcedworkanddirectsaleofproductssuch as
Christmas/greetings cards and other goods. It has also been realised that the social enterprise will rely on a level of grant income.
```
## **`Funding`**
```
In 2022, in addition to trading income the project has been supported by funding from:
```
```
Thomas Wall Foundation, Sussex Community Foundation and an anonymous foundation.
```
## **`Staffing and Facilities`**
```
SaspireisrunbytheChiefExecutiveofSASBAHwithassistancefromaCentreManager,Training&DevelopmentOfficer and
volunteers.
```
```
Approved by order of the board of trustees on 19 September 2023 and signed on its behalf by:
```
```
H Lewis - Trustee
```
```
Page 4
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2022`**
```
Thetrustees(whoarealsothedirectorsofTheSussexAssociationforSpinaBifidaandHydrocephalusforthepurposesof company
law)areresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordancewithapplicablelaw and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
```
```
Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueandfairviewofthe state
ofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationofresources,includingtheincome and
expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
```
- `select suitable accounting policies and then apply them consistently;`
- `observe the methods and principles in the Charity SORP;`
- `make judgements and estimates that are reasonable and prudent;`
- `prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.`
```
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyatanytimethe financial
positionofthecharitablecompanyandtoenablethemtoensurethatthefinancialstatementscomplywiththeCompaniesAct 2006.
Theyarealsoresponsibleforsafeguardingtheassetsofthecharitablecompanyandhencefortakingreasonablestepsfor the
prevention and detection of fraud and other irregularities.
```
```
Page 5
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`Independent examiner's report to the trustees of The Sussex Association for Spina Bifida and Hydrocephalus ('the Company')`**
```
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsiblefor the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006Actand are
eligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsascarriedoutunder Section
145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenbythe Charity
Commission under Section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwiththeexamination giving
me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattentionshouldbe drawn
in this report in order to enable a proper understanding of the accounts to be reached.
```
```
S R Sampson BFP FCA FCIE DChA
```
```
Ashdown Hurrey Auditors Limited
Statutory Auditors
20 Havelock Road
Hastings
East Sussex
TN34 1BP
```
```
21 September 2023
```
```
Page 6
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`3`
`70,375`
`Other trading activities`
`4`
`27,673`
`Investment income`
`5`
`566`
`Other income`
`6`
`-`
**`Total`**
`98,614`
**`EXPENDITURE ON`**
`Raising funds`
`7`
`20,008`
**`Charitable activities`**
`8`
`Charitable Activities`
`57,200`
`Other`
`9`
`2,575`
**`Total`**
`79,783`
**`NET INCOME/(EXPENDITURE)`**
`18,831`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`234,273`
**`TOTAL FUNDS CARRIED FORWARD`**
`253,104`|`31.12.22`
`31.12.21`
`Restricted`
`Total`
`Total`
`funds`
`funds`
`funds`
`£`
`£`
`£`
`144,653`
`215,028`
`240,943`
`-`
`27,673`
`32,632`
`-`
`566`
`275`
`-`
`-`
`873`
`144,653`
`243,267`
`274,723`
`-`
`20,008`
`18,792`
`147,041`
`204,241`
`179,187`
`-`
`2,575`
`2,496`
`147,041`
`226,824`
`200,475`
`(2,388)`
`16,443`
`74,248`
`25,388`
`259,661`
`185,413`
`23,000`
`276,104`
`259,661`|`31.12.22`
`31.12.21`
`Restricted`
`Total`
`Total`
`funds`
`funds`
`funds`
`£`
`£`
`£`
`144,653`
`215,028`
`240,943`
`-`
`27,673`
`32,632`
`-`
`566`
`275`
`-`
`-`
`873`
`144,653`
`243,267`
`274,723`
`-`
`20,008`
`18,792`
`147,041`
`204,241`
`179,187`
`-`
`2,575`
`2,496`
`147,041`
`226,824`
`200,475`
`(2,388)`
`16,443`
`74,248`
`25,388`
`259,661`
`185,413`
`23,000`
`276,104`
`259,661`|
|---|---|---|
|||`274,723`|
|||`18,792`
`179,187`
`2,496`|
|||`200,475`|
|||`74,248`
`185,413`|
|||`259,661`|
```
The notes form part of these financial statements
```
```
Page 7
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS (REGISTERED NUMBER: 10994693)`**
## **`BALANCE SHEET`**
## **`31 DECEMBER 2022`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Investments`
`17`
`100`
**`CURRENT ASSETS`**
`Debtors`
`18`
`7,002`
`Cash at bank`
`248,871`
`255,873`
**`CREDITORS`**
`Amounts falling due within one year`
`19`
`(2,869)`
**`NET CURRENT ASSETS`**
`253,004`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`253,104`
**`NET ASSETS`**
`253,104`
**`FUNDS`**
`20`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`31.12.22`
`31.12.21`
`Restricted`
`Total`
`Total`
`funds`
`funds`
`funds`
`£`
`£`
`£`
`-`
`100`
`100`
`-`
`7,002`
`7,801`
`23,000`
`271,871`
`254,628`
`23,000`
`278,873`
`262,429`
`-`
`(2,869)`
`(2,868)`
`23,000`
`276,004`
`259,561`
`23,000`
`276,104`
`259,661`
`23,000`
`276,104`
`259,661`
`253,104`
`234,273`
`23,000`
`25,388`
`276,104`
`259,661`|
|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended
31 December 2022.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyearended31December2022 in
accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitablecompaniessubjectto the
small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon19September2023andwere signed
on its behalf by:
```
```
H Lewis - Trustee
```
```
The notes form part of these financial statements
```
```
Page 8
```
```
THE SUSSEX ASSOCIATION FOR SPINA BIFIDA
AND HYDROCEPHALUS
```
## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`1. STATUTORY INFORMATION`**
```
TheSussexAssociationforSpinaBifidaandHydrocephalusisaprivatecompany,limitedbyguarantee,registeredin England
& Wales. The company's registered number and registered office address can be found in the Report of the Trustees.
```
## **`2. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and
RepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancialstatementshave been
prepared under the historical cost convention, with the exception of investments which are included at market value.
```
```
Inpreparingthefinancialstatements,thetrusteesarerequiredtomakeanassessmentoftheabilityofthecharity to
continueasagoingconcern.Thetrusteeshavepreparedacashflowforecastandbudgetsforthecharityandagainst the
backdropoftheCOVID-19Pandemica"reversestress"testhasbeenappliedtotheforecasts,seekingtoestablishthe level
of liquidity headroom the charity is expected to have during the 12 month going concern period.
```
```
Onthebasisoftheseforecastsandthefactthatthecharityhassubstantialnetcurrentassetsandnetassets,the trustees
areconfidentthatthecharityhasadequateresourcestocontinueinoperationalexistenceandtomeetitsliabilitiesas they
fallduefortheforeseeablefuture.Asaresultoftheabove,thetrusteeshaveconcludedthatitremainsappropriateto adopt
a going concern basis of preparation in these financial statements.
```
## **`Preparation of consolidated financial statements`**
```
ThefinancialstatementscontaininformationaboutTheSussexAssociationforSpinaBifidaandHydrocephalusas an
individualcompanyanddonotcontainconsolidatedfinancialinformationastheparentofagroup.Thecharityis exempt
under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,itis probable
that the income will be received and the amount can be measured reliably.
```
```
Income is reported gross with related costs disclosed separately under resources expended.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionofthetrusteesin furtherance
of the general objectives of the charity and which have not been designated for other purposes.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictionsarise when
specifiedbythedonororwhenfundsareraisedforparticularrestrictedpurposes.Thecostofraisingandadministering such
funds are charged against the specific fund.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharitable company's
pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
```
```
continued...
```
```
Page 9
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`2. ACCOUNTING POLICIES - continued`**
## **`Fixed asset investments`**
```
AsrequiredbytheStatementofRecommendedPractice,investmentassetsareincludedatcost.Unrealisedgainsand losses
oninvestmentsarerecognisedintheStatementofFinancialActivitiesintheperiodinwhichtheyoccur.Itistheaimof the
company for the investments held to provide an investment return to the charity.
```
## **`Government Grants`**
```
Inaccordancewiths24ofFRS102thesearetreatedusingtheaccrualsmodelandsoarerecognisedinincomeon a
systematicbasisovertheperiodsinwhichthecharityrecognisestherelatedcostsforwhichthegrantsareintended to
compensate.
```
## **`3. DONATIONS AND LEGACIES`**
||**`Unrestricted`**||**`Restricted`**||**`Total`**||**`Total`**||
|---|---|---|---|---|---|---|---|---|
||||||**`2022`**||**`2021`**||
||**`£`**||**`£`**||**`£`**||**`£`**||
|`Collections`|`-`||`-`||`-`||`25`||
|`Donations`|`17,583`||`500`||`18,083`||`22,229`||
|`Gift Aid`|`2,432`||`-`||`2,432`||`296`||
|`Fund Raising`|`610`||`-`||`610`||`905`||
|`Local Authority Grants`|`-`||`22,702`||`22,702`||`3,970`||
|`Trusts and Foundations`|`49,750`||`121,451`||`171,201`||`213,518`||
||`70,375`||`144,653`||`215,028`||`240,943`||
|**`OTHER TRADING ACTIVITIES`**|||||||||
||||||`31.12.22`||`31.12.21`||
||||||`£`||`£`||
|`Fundraising events`|||||`4,999`||`7,683`||
|`Wallpaper samples & Christmas cards`|||||`22,674`||`24,949`||
||||||`27,673`||`32,632`||
|**`INVESTMENT INCOME`**|||||||||
||||||`31.12.22`||`31.12.21`||
||||||`£`||`£`||
|`Deposit account interest`|||||`566`||`275`||
## **`4. OTHER TRADING ACTIVITIES`**
## **`5.`**
## **`6. OTHER INCOME`**
```
The entity has received the following from the UK government in respect of COVID 19 grants and reliefs:
```
||`31.12.22`|`31.12.21`|
|---|---|---|
||`£`|`£`|
|`Small Business Grant Fund`|`-`|`873`|
||||
||`-`|`873`|
||||
|`There are no unfulfilled conditions or other contingencies attaching to any of the`
`above amounts.`|||
```
continued...
```
```
Page 10
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`7. RAISING FUNDS`**
## **`Raising donations and legacies`**
|**`Raising donations and legacies`**|||
|---|---|---|
||`31.12.22`|`31.12.21`|
||`£`|`£`|
|`Staff costs`|`14,787`|`14,617`|
|`Fundraising Event Costs`|`3,308`|`4,059`|
|`Christmas cards`|`1,913`|`116`|
||`20,008`|`18,792`|
## **`8. CHARITABLE ACTIVITIES COSTS`**
||**`Unrestricted`**
**`Funds`**|**`Restricted`**
**`Funds`**|**`Total 2022`**|**`Total 2021`**|
|---|---|---|---|---|
||**`£`**|**`£`**|**`£`**|**`£`**|
||||||
|`Fieldwork and Support`|`53,101`|`147,041`|`200,142`|`175,090`|
|`Insurance`|`2,227`|`-`|`2,227`|`2,405`|
|`Payroll & Bookkeeping Services`|`1,872`|`-`|`1,872`|`1,692`|
||||||
||||||
||`57,200`|`147,041`|`204,241`|`179,187`|
||||||
## **`9. OTHER`**
||**`Unrestricted`**
**`Funds`**|**`Restricted`**
**`Funds`**|**`Total 2022`**|**`Total 2022`**|**`Total 2021`**|
|---|---|---|---|---|---|
||**`£`**|**`£`**||**`£`**|**`£`**|
|||||||
|`Support Costs - Finance`|`175`|`-`||`175`|`96`|
|`Governance Costs`|`2,400`|`-`||`2,400`|`2,400`|
|||||||
|||||||
|||||||
||`2,575`|`-`||`2,575`|`2,496`|
|||||||
|**`INDEPENDENT EXAMINERS' REMUNERATION`**|||||`31.12.21`
`£`
`2,400`|
|||||`31.12.22`||
|||||`£`||
|||||||
|`Fees payable to the charity's independent examiners for the independent`
`examination of the charity's financial statements`||||`2,400`||
|||||||
## **`10. INDEPENDENT EXAMINERS' REMUNERATION`**
```
continued...
```
```
Page 11
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`11. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2022norfortheyear ended
31 December 2021.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
```
## **`12. STAFF COSTS`**
||**`2022`**|**`2021`**|
|---|---|---|
||**`£`**|**`£`**|
|`Amounts included under resources expended are:`|||
||||
|`Direct Charitable (Direct Services & Support)`|`115,043`|`121,767`|
|`Fundraising`|`13,201`|`14,390`|
||||
||`128,244`|`136,157`|
||||
||||
|`The average monthly number of employees during the year was as follows:`|||
|---|---|---|
||`31.12.22`|`31.12.21`|
|`Full Time`|`3`|`3`|
|`Part Time`|`6`|`6`|
||`9`|`9`|
```
No employees received emoluments in excess of £60,000.
```
```
Thenumberoffulltimeequivalentstaffduringtheyearended31December2022totalled5.5(DirectlyCharitable- 5,
Fundraising, Publicity & Development - 0.5)
```
```
Staff costs contains the following items:
```
|`Staff costs contains the following items:`|||
|---|---|---|
||**`2022`**|**`2021`**|
||**`£`**|**`£`**|
||||
|`Wages and salaries`|`123,463`|`130,562`|
|`Social security`|`4,781`|`5,595`|
||||
||`128,244`|`136,157`|
||||
|`Employer's contribution to defined contribution pension schemes`|`2,410`|`2,532`|
||||
||`130,654`|`138,689`|
||||
```
continued...
```
```
Page 12
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`13. COMPARATIVES (2021) FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`77,778`
`Other trading activities`
`32,632`
`Investment income`
`275`
`Other income`
`-`
**`Total`**
`110,685`
**`EXPENDITURE ON`**
`Raising funds`
`18,792`
**`Charitable activities`**
`Charitable Activities`
`3,317`
`Other`
`2,496`
**`Total`**
`24,605`
**`NET INCOME/(EXPENDITURE)`**
`86,080`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`148,193`
**`TOTAL FUNDS CARRIED FORWARD`**
`234,273`|`Restricted`
`funds`
`£`
`163,165`
`-`
`-`
`873`
`164,038`
`-`
`175,870`
`-`
`175,870`
`(11,832)`
`37,220`
`25,388`|`Total`
`funds`
`£`
`240,943`
`32,632`
`275`
`873`|
|---|---|---|
|||`274,723`|
|||`18,792`
`179,187`
`2,496`|
|||`200,475`|
|||`74,248`
`185,413`|
|||`259,661`|
## **`14. RESTRICTED INCOME FUNDS`**
```
Withinthecharity'sincomeasdescribedinnote3werefundsforrestrictedpurposes,themainitemsofwhichwere as
follows;
```
|**`Purpose`**|**`Payee`**|**`£`**|
|---|---|---|
|`Contribution`|`towards the cost of services in certain geographic areas`||
||`Lewes Town Council`|`1,000`|
||`Miss Pannett Charitable Trust`|`250`|
||`Roy Hudson Trust`|`500`|
||`Isabel Blackman Foundation`|`3,000`|
||`Francis and Eric Ford Charity Trust`|`500`|
||`Longley Trust`|`800`|
||`West Sussex Travel Society`|`500`|
||`Sir Jules Thorn Charitable Trust-Ann Rylands Fund`|`1,750`|
||`Ernest Kleinwort Cost of Living Grant`|`3,000`|
|`Contribution`|`towards the cost of services combating social isolation`||
||`Foreshore Trust (Hastings & St Leonards)`|`117`|
||`Burgess Hill Town Council`|`100`|
||`Sussex Community Foundation Winter Recovery & Support Fund`|`2,000`|
||`Little Cheyne Court Wind Farm (Sussex Community Foundation)`|`1,000`|
||`Crawley Borough Council`|`1,500`|
||`Horsham District Community Lottery`|`500`|
```
continued...
```
```
Page 13
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`14. RESTRICTED INCOME FUNDS - continued`**
|`Chichester District Council`|`500`|
|---|---|
|`David Solomons CT`|`1,000`|
|`Friarsgate Trust`|`2,000`|
|`EF & MG Hall Charitable Trust`|`1,000`|
|||
|`Contribution towards the cost of advisers, family & other services`||
|`Foreshore Trust (Hastings & St Leonards)`|`47`|
|`Sussex Community Foundation Winter Recovery & Support Fund`|`3,000`|
|`National Lottery Awards for All`|`10,000`|
|`Crawley Borough Council`|`1,000`|
|`Lewes District Council`|`1,900`|
|`Little Cheyne Court Wind Farm (Sussex Community Foundation)`|`1,341`|
|`Woodroffe Benton Foundation`|`1,000`|
|`Chichester District Council`|`500`|
|`Miss DB Simpson Charitable Trust`|`1,000`|
|`Sussex Community Foundation Standard Grant`|`5,000`|
|`Ernest Kleinwort CT`|`6,000`|
|||
|`Contribution towards the cost of the Bourne Free Club & youth development`||
|`Barbara Ward Children's Foundation`|`6,000`|
|`RTR Foundation`|`7,000`|
|`Co-op Local Community Fund`|`3,640`|
|`East Sussex County Council - Life More Ordinary`|`2,000`|
|`Truemark Trust`|`8,000`|
|`John Jackson Charitable Trust`|`1,200`|
|`Prince of Wales Charitable Foundation`|`3,000`|
|`Robert McAlpine`|`10,000`|
|||
|`Contribution towards activities, holidays, residential events & special activities`||
|`Happy Days Children's Charity`|`3,000`|
|`Shanly Foundation`|`2,500`|
|`West Sussex County Council Family Fun Days`|`5,000`|
|`Douglas Arter Foundation`|`500`|
|`Chichester City Council`|`500`|
|`East Sussex County Council HAF / COMF`|`8,202`|
|`Rank Foundation Pebbles Grant`|`720`|
|`East Sussex County Council - Short Breaks`|`3,226`|
|`Pixel Fund`|`2,500`|
|`D'Oyly Carte Charitable Trust`|`3,500`|
|`Bluespark Foundation`|`1,360`|
|`Lakehouse Charitable Foundation`|`2,500`|
|||
|`Contribution towards the work experience services of Saspire`||
|`Anonymous`|`8,000`|
|`February Foundation`|`5,000`|
|`Thomas Wall Trust`|`5,000`|
|`Hailsham Town Council`|`500`|
|||
|||
|`Total Restricted Income Funds`|`144,653`|
|||
|`All such receipts were wholly expended during the year in accordance with the donors' wishes, except for the following`
`which have been carried forward for expenditure in 2023.`||
|||
|`Ernest Kleinwort Charitable Trust`
`3,000`||
|`Sussex Community Foundation Standard Grant`
`3,000`||
|`The Robert McAlpine Foundation`
`8,000`||
```
continued...
```
```
Page 14
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`14. RESTRICTED INCOME FUNDS - continued`**
|`Truemark Trust`|`7,000`|
|---|---|
|`Prince of Wales Charitable Foundation`|`2,000`|
|||
|||
||`23,000`|
|||
```
All receipts brought forward from 2021 have been expended during the 2022 year in accordance with the donors wishes.
```
## **`15. UNRESTRICTED INCOME FUNDS`**
```
WithintheCharity'sincomeasdescribedinnote3werefundsforunrestrictedpurposesreceivedfromTrusts and
Foundations, the main items of which were as follows:
```
|`Foundations, the main items of which were as follows:`||
|---|---|
||`£`|
|`Lilley Benevolent Trust`|`1,000`|
|`Murphy Neumann Charity Company Ltd`|`2,000`|
|`The Julia and Hans Rausing Trust`|`6,000`|
|`Louise Dobson Charitable Trust`|`50`|
|`Mrs A Lacy Tate Trust`|`1,000`|
|`Chalk Cliff Trust`|`5,000`|
|`Marsh Charitable Trust`|`900`|
|`B & L Leach Family Trust`|`8,000`|
|`Garfield Weston Foundation`|`25,000`|
|`BBC Children in Need`|`500`|
|`Fitton Trust`|`300`|
|||
|||
||`49,750`|
|||
## **`16. NET INCOME FROM TRADING ACTIVITIES OF SUBSIDIARY UNDERTAKING`**
```
Thecharityhasonewhollyownedsubsidiaryundertakingwhichwasincorporatedon13April2010;Saspire Limited,
registered office address: Units 5 & 6 Swan Wood Park, Gun Hill, Horam, East Sussex, TN21 0JS.
```
```
Saspire Limited remained dormant during the year.
```
## **`17. FIXED ASSET INVESTMENTS`**
|**`FIXED ASSET INVESTMENTS`**||
|---|---|
||`Unlisted`|
||`investments`|
||`£`|
|**`MARKET VALUE`**||
|`At 1 January 2022 and 31 December 2022`|`100`|
|**`NET BOOK VALUE`**||
|`At 31 December 2022`|`100`|
|`At 31 December 2021`|`100`|
```
There were no investment assets outside the UK.
```
```
ThecostofinvestmentinsubsidiaryrepresentsthecostofsharesinthesubsidiaryundertakingSaspireLimitedwhich is
whollyownedandregisteredinEngland.Theprincipalactivityofthecompanyistobefinanciallyselfsufficientandable to
donate surplus revenue as "profits" to SASBAH.
```
```
continued...
```
```
Page 15
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`18. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|**`DEBTORS: AMOUNTS FALLING DUE WITHIN`**|**`ONE YEAR`**|||||
|---|---|---|---|---|---|
|||||`31.12.22`|`31.12.21`|
|||||`£`|`£`|
|`Trade debtors`||||`1,694`|`2,225`|
|`Amounts owed by group undertakings`||||`531`|`531`|
|`Prepayments`||||`4,777`|`5,045`|
|||||`7,002`|`7,801`|
|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||||||
|||||`31.12.22`|`31.12.21`|
|||||`£`|`£`|
|`Accruals and deferred income`||||`2,869`|`2,868`|
|**`MOVEMENT IN FUNDS`**||||||
|||`Net`||`Transfers`||
|||`movement`||`between`|`At`|
||`At 1.1.22`|`in funds`||`funds`|`31.12.22`|
||`£`|`£`||`£`|`£`|
|**`Unrestricted funds`**||||||
|`General fund`|`54,273`|`18,831`||`(40,000)`|`33,104`|
|`Designated Fund`|`180,000`||`-`|`40,000`|`220,000`|
||`234,273`|`18,831`||`-`|`253,104`|
|**`Restricted funds`**||||||
|`Restricted Funds`|`25,388`|`(2,388)`||`-`|`23,000`|
|**`TOTAL FUNDS`**|`259,661`|`16,443`||`-`|`276,104`|
## **`19.`**
## **`20. MOVEMENT IN FUNDS`**
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`98,614`
`(79,783)`
`18,831`
`144,653`
`(147,041)`
`(2,388)`
`243,267`
`(226,824)`
`16,443`|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`98,614`
`(79,783)`
`18,831`
`144,653`
`(147,041)`
`(2,388)`
`243,267`
`(226,824)`
`16,443`|
|---|---|---|
|||`16,443`|
```
continued...
```
```
Page 16
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`20. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|||`Net`|`Transfers`||
|---|---|---|---|---|
|||`movement`|`between`|`At`|
||`At 1.1.21`|`in funds`|`funds`|`31.12.21`|
||`£`|`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`|`23,193`|`86,080`|`(55,000)`|`54,273`|
|`Designated Fund`|`125,000`|`-`|`55,000`|`180,000`|
||`148,193`|`86,080`|`-`|`234,273`|
|**`Restricted funds`**|||||
|`Restricted Funds`|`37,220`|`(11,832)`|`-`|`25,388`|
|**`TOTAL FUNDS`**|`185,413`|`74,248`|`-`|`259,661`|
|`Comparative net movement in funds, included in the above are as follows:`|||||
|||`Incoming`|`Resources`|`Movement`|
|||`resources`|`expended`|`in funds`|
|||`£`|`£`|`£`|
|**`Unrestricted funds`**|||||
|`General fund`||`110,685`|`(24,605)`|`86,080`|
|**`Restricted funds`**|||||
|`Restricted Funds`||`164,038`|`(175,870)`|`(11,832)`|
|**`TOTAL FUNDS`**||`274,723`|`(200,475)`|`74,248`|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
`Designated Fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.1.21`
`in funds`
`£`
`£`
`23,193`
`104,911`
`125,000`
`-`
`148,193`
`104,911`
`37,220`
`(14,220)`
`185,413`
`90,691`|`Transfers`
`between`
`At`
`funds`
`31.12.22`
`£`
`£`
`(95,000)`
`33,104`
`95,000`
`220,000`
`-`
`253,104`
`-`
`23,000`
`-`
`276,104`|`Transfers`
`between`
`At`
`funds`
`31.12.22`
`£`
`£`
`(95,000)`
`33,104`
`95,000`
`220,000`
`-`
`253,104`
`-`
`23,000`
`-`
`276,104`|
|---|---|---|---|
||||`253,104`
`23,000`|
||||`276,104`|
```
continued...
```
```
Page 17
```
## **`THE SUSSEX ASSOCIATION FOR SPINA BIFIDA AND HYDROCEPHALUS`**
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022`**
## **`20. MOVEMENT IN FUNDS - continued`**
```
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted Funds`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`209,299`
`(104,388)`
`104,911`
`308,691`
`(322,911)`
`(14,220)`
`517,990`
`(427,299)`
`90,691`|
|---|---|
## **`21. RELATED PARTY DISCLOSURES`**
```
Thecharityhasawhollyownedsubsidiary;SaspireLimited.Asatthebalancesheetdatetherewasanamountdueto the
charity from Saspire Limited of £531, this is included within debtors due within one year.
```
## **`22. UNRESTRICTED FUNDS`**
```
ThecommitteehasallocatedthefollowingamountstodesignatedfundsinaccordancewiththeCharity'sreservespolicy and
2022 budgets:
```
||**`2022`**|**`2021`**|
|---|---|---|
||**`£`**|**`£`**|
||||
|`Housing Project Fund * / New Premises`|`80,000`|`20,000`|
|`Adviser Services Fund`|`30,000`|`50,000`|
|`Social Coordinators`|`30,000`|`30,000`|
|`Family Support`|`20,000`|`15,000`|
|`Community Development`|`20,000`|`15,000`|
|`Saspire`|`40,000`|`50,000`|
||||
||`220,000`|`180,000`|
|`Free Reserves`|`33,104`|`54,273`|
||||
||`253,104`|`234,273`|
||||
```
*ThissumrepresentsthemonieswhichrevertedtoSASBAHfromtheWorthingHousingProjectandisdesignatedforuse in
a future housing project.
```
```
Page 18
```