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2022-12-31-accounts

Page
Trustees'
annual
report
Independent
examiner's
report to the trustees
Statement offinancial activities
Statement offinancial position
Notes to the financial statements

Registered charity name Red Eagle Foundation Foundation Foundation
Charity registration number 1179117
Principal office Shakespeare House
147Sandgate Road
Folkestone
Kent
CT20 2DA
The trustees
WHodgson
J Hodgson
Accountants Burgess Hodgson LLP
Chartered accountant
Camburgh House
27 New Dover Road
Canterbury
Kent
CT1 3DN

Year ended 31 Decem ber 2022 ber 2022
2022 2021
Unrestricted
Note funds
6
Total funds
f
Tote(funds
E
Income and endowments
Donations
and
legacies 52,099 52,099 74,158
Other income 61
Total income 52,099 52,099 74,219
Expenditure
Expenditure
on
charitable activities 6,7 72,410 72,410 42,025
Total expenditure 72,410 72,410 42,025
Net (expenditure)/income and net movement in funds (20,311) (20,311) 32,194
Reconciliation offunds
Total funds brought
forward
38,903 38,903 6,709
Total funds carried forward 18,592 18,592 38,903

2022 2021
Note 8 8
Fixed assets
Tangible fixed assets 13 509
Current assets
Cash at bank and in hand 19,883 38,903
Creditors: amounts falling due within one year 1,800
Net current assets 18,083 38,903
Total assets less current liabilities 18,592 38,903
Net assets 18,592 38,903
Funds ofthe charity
Unrestricted
funds
18,592 38,903
Total charity funds 15 18,592 38,903

Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
f
2022
f
Funds 2021
f
Other income 61 61

Expenditu re
on
charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
f
2022
f
Funds 2021
f
Relieving needs ofchildren with
mobility, mental health and learning
difficulties 62,476 62,476 41,745 41,745
Support costs 9,934 9,934 280 280
72,410 72,410 42,025 42,025

Expendit ure on charitable activities by activity type
Activities
undertaken Support Total funds Total fund
directly
f
costs
f
2022
f
2021
Relieving needs ofchildren with
mobility, mental health and learning
dif6culties 62,476 8,134 70,610 42,025
Governance costs 1,800 1,800
62,476 9,934 72,410 42,025

Analysis of Analysis of Analysis of
support costs
for the
relieving the
needs of
children
with
mobility,
mental health
and learning
difficulties
f
Total 2022
f
Total2021
f
Staff costs 7,296 7,296
Communications and IT 78 78
Human resources 244 244
Finance costs 346 346 216
Governance costs 1,800 1,800
Depreciation 170 170
9,934 9,934 280
Net (expenditure)/income
Net (expenditure)/income is stated after charging/(crediting):
2022
f
2021
f
Depreciation oftangible fixed assets 170

2022 2021
6 6
Fees payable to the independent examiner for:
Independent
examination
ofthe iinancial statements 850
11. Staff costs
The total staff costs and employee benefits for the reporting pediod are analysed as follows:
2022
f
2021
Wages and salaries 7,296

13. Tangible fixed asset s
Equipment
6
Cost
At 1 January 2022
Additions 679
At 31 December 2022 679
Depreciation
At 1 January 2022
Charge forthe year 170
At 31 December 2022 170
Carrying
amount
At 31December 2022 509
At 31 December 2021
14. Creditors: amounts falling due within one year
2022 2021
6 6
Accruals and deferred income 1,800

Unrestri cted
funds
At
At 31 December
1 January 2022 income Expenditure 2022
8 8
General funds 38,903 52,099 (72,410) 18,592
At
At 31 December
1 January 2021 Income Expenditure 2021
F 8
General funds 6,709 74,219 (42,025) 38,903

Analysis ofnet as sets between funds
Unrestricted TotalFunds
Funds 2022
8 6
Tangible fixed assets 509 509
Current assets 19,883 19,883
Creditors less than 1 year (1,800) (1,800)
Net assets 18,592 18,592
Unrestricted Total Funds
Funds
f
2021
Tangible fixed assets
Current assets 38,903 38,903
Creditors less than 1 year
Net assets 38,903 38,903