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## **LASALLIAN PROJECTS**
**(A COMPANY LIMITED BY GUARANTEE) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED**
**31[ST] .AUGUST 2023**
**CHARITY NUMBER 1179517**
**COMPANY NUMBER 11481398**
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## **LASALLIAN PROJECTS CONTENTS**
||**Page**|
|---|---|
|Reference and administrative information|1|
|Trustees’ report|2-7|
|Independent Examiner’s report|8&9|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Notes to the financial statements|12-17|
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**Page 1**
## **LASALLIAN PROJECTS REFERENCE AND ADMINISTRATIVE INFORMATION - 2023**
|**Directors/Trustees:**|John Michael Deeney|
|---|---|
||Matthew Peter Diakun|
||Amy Catherine Flood (Resigned 10/11/2022)|
||Marie Elizabeth McCarney|
||Kate Louise Reilly (Resigned 13/07/2023)|
||Nicholas Sellors|
||Louise Mayhook|
||Peter Murphy|
||Corwyn Hall (Appointed 11/09/2023)|
|**Registered Office:**|130 Banbury Road|
||Oxford|
||OX2 7BP|
|**Company number:**|11481398|
|**Charity number:**|1179517|
|**Independent Examiner:**|T. Murphy & Company|
||Chartered Accountants|
||Cape House|
||59 Admiral Street|
||Glasgow|
||G41 1HP|
|**Bankers:**|Royal Bank of Scotland|
||London Threadneedle St Branch|
||P.O. Box 412|
||62-63 Threadneedle St.|
||London|
||EC2R 8LA|
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## **Page 2**
## **LASALLIAN PROJECTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
The trustees have pleasure in presenting the report and accounts of Lasallian Projects for the year ended 31[st ] August 2023.
## **Constitution and organisation.**
Lasallian Developing World Projects (LDWP) was a charitable work of the Province of Great Britain of the Institute of the Brothers of the Christian Schools Charitable Trust, a charity governed by a trust deed dated 24 July 1947, as varied by a Scheme of the Charity Commissioners of 12 November 1987 and a Deed of Revocation and New Appointment for Charitable Trusts dated 17 May 1989, and registered with the Charity Commission, Charity Registration No. 232632 (known as the DLS Trust).
The LDWP, founded in 1985, evolved into Lasallian Projects on 1st November 2018 and is now a separate Registered Charity and Ltd. Company but is still supported by the DLS Trust and operates along the same lines.
## **Principal aims and activities**
Lasallian Projects provides funds for the development of educational facilities in poorer countries and involves teams of young people in helping with construction work and teaching programmes. After their project it is expected that the participants will share the fruits of their experience with other people, continue to support development plans for the poorer parts of the world and join campaigns to eliminate injustice and poverty across the globe.
Lasallian Projects is also active in promoting Development Education for young people in Britain.
## **Activities during the year**
Some recruiting was done to enlist young volunteers for a project group for summer 2023. In the event, the number dwindled to around half a dozen and these then decided they would rather postpone participation until the following year. However, an offer of project places in Kenya was circulated to teachers and two of these accepted the offer and travelled in July to Abosi parish in the Great Rift Valley Province. Lasallian Projects sponsored the building of a housing block for teachers and their families with £12,200 of donated funds. The teachers decided the most useful way to use their time was helping in the primary school and they joined the local teachers in running classes, even finding this a refreshing change to teaching in the UK.
Fr. Ambrose provided a full report on the building project and the
two teachers wrote an account of their enriching experience in Kenya. The official report summarised the impact of the building:
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## **LASALLIAN PROJECTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
## **Activities during the year (Contd…)**
- “
- Learning and school timetable will be well carried out due to the full-time availability of the teachers who previously would trek long distances to school.
- The security of both leaders and teachers will now be assured.
- The school children will have more time for studying than before when they could spend most of their time waiting for the teachers to arrive in school. Their academic performance will improve. Due to close supervision of teachers there will be increased safety for girl students with better rates of retention and completion of schooling.
During the Spring, the Director visited a number of schools/colleges to advertise the 2024 projects to students. It was again obvious that the historical links with schools, teachers and families are still suffering from the enforced Covid break and that momentum will be an effort to regain. The economic difficulties within the UK and the evident instability on the world stage also seem to be factors that are inhibiting young people from taking challenging decisions. There were comparatively few people applying for places and there was a higher than usual drop out rate. However, there were enough to form a student group for a project in 2024. One innovation has been the preparation of an on-line training programme. This will mean considerable savings on travel expenses for the students as well time-economy.
Other activities during the year involved routine administration and continuing use and expansion of on-line media to maintain contact with former project members and to advertise the projects. A modest amount of fund-raising was undertaken, with the Director visiting parishes for this purpose.
## **FUTURE PLANS**
Plans are in place for a student group to travel in July/August 2024. The project in Abosi was successful and we have accepted to run a project to sponsor a similar building. We are also hoping that a social-cumfund-raising event can be organised in 2024; ideally it would bring together many of those who took part in projects in past years.
Photo of the school in Abosi, Kenya.
Information about the projects is being circulated and we hope that it will be possible to run more than one project in 2025.
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## **LASALLIAN PROJECTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
## **Activities during the year (Contd…)**
## **Funding**
All funding over the year for the project expenses came from private donors, group members, schools and parishes and fund-raising events. The administration was funded entirely by the Brothers of the Christian Schools charity.
## **Financial Review**
The Statement of Financial Activities on page 10 shows an overall positive net movement in funds for this year of £17,244 (2022: £37,675). As at 31[st] .August 2023 the charity had total funds available of £149,385 (2022: £132,141) of which £nil related to restricted activities.
## **Reserves policy**
Given the charity’s relative infancy, and the impact of Covid-19 restrictions throughout 2020-21, the development of the charity’s activities and its associated financial requirements have not yet been clearly established. At this point in time the reserves policy being considered is that the charity should endeavour to have sustainable general or “free” reserves equal to at least six to twelve months’ expenditure.
## **Directors and trustees**
The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:
Directors/Trustees:
John Michael Deeney Matthew Peter Diakun Marie Elizabeth McCarney Nicholas Sellors Louise Mayhook Peter Murphy Corwyn Hall
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## **LASALLIAN PROJECTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
## **TRUSTEES MEETINGS**
Four formal meetings were held by the trustees in the course of the year. They were still limited in scope as the activities of the Trust continued to be restricted. Trustees maintained involvement in the media presence of the charity and gave advice on finance and matters that affected the running of the administration and the choice of project.
## **KEY PERSONNEL**
The bulk of the organisational and financial work has been the responsibility of:
John Deeney, Director and
Amanda Roberts, Financial Consultant.
Other significant persons have been:
Marie McCarney, Chair of Trustees.
## **Structure, Governance and Management**
## **Governing Document**
Lasallian Projects is a company limited by guarantee governed by its Memorandum and Articles of Association. It is registered as a charity with the Charity Commission.
Anyone over the age of 18 can become a member of the Company upon successful application and there are currently 9 members, each of whom agrees to contribute a maximum of £1 in the event of the charity winding up whilst they are a member, or within one year after they cease to be a member.
## **Report Criteria**
The accounts have been prepared in accordance with the accounting policies set out on pages 12 to 14 of the attached accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). This report has also been prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
## **Appointment of trustees**
As set out in the Articles of Association the first trustees were the subscribers to the Memorandum. Subsequent trustees shall be appointed by recommendation from the existing trustees.
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## **LASALLIAN PROJECTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
## **Trustee induction and training**
New trustees undergo an orientation process to brief them on: their legal obligations under charity and company law, the Charity Commission guidance on public benefit, and inform them of the content of the Memorandum and Articles of Association, the committee and decision-making processes, the business plan and recent financial performance of the charity. During the induction process they meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
## **Organisation**
The board of trustees, which has a minimum of 4 members and a maximum of 12, administers the charity. The board meets at least twice a year and there are sub-groups covering development, finance and accounts. A Director is appointed by the trustees to manage the day-to-day operations of the charity. To facilitate effective operations, the Director has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and performance related activity.
## **Related parties and co-operation with other organisations**
None of the trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with a supplier must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.
## **Risk management**
The trustees have a risk management strategy which comprises:
- an annual review of the principal risks and uncertainties that the charity faces;
- the establishment of policies, systems and procedures to mitigate those risks identified in the annual
- review; and
● the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.
This work has identified that as a new charity financial sustainability is the major financial risk for the charity. A key element in the management of financial risk is a regular review of available liquid funds to settle debts as they fall due, regular liaison with the bank, and active financial management to ensure sufficient working capital is held by the charity. Attention has also been focussed on non-financial risks arising from the travel destinations of the charity’s volunteers. These risks are managed by ensuring accreditation is up to date, having robust policies and procedures in place, and regular awareness training for staff working in these geographical and operational areas.
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## **LASALLIAN PROJECTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
## **Trustees’ responsibilities in relation to the financial statements**
The charity trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing the financial statements, the trustees are required to:
● select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed, subject to any material departures
- disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
- charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website (if applicable). Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
By order of the board of trustees
Marie McCarney (Chair) … … 24[th ] June, 2024
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## **LASALLIAN PROJECTS INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LASALLIAN PROJECTS FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31[st ] August 2023.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Since this charity also has a presence in Scotland then the trustees are also responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Charity Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1) (c) of the Act and to state whether particular matters have come to our attention.
## **Independent examiner’s statement**
I confirm that I am qualified to undertake the examination because I a member of The Institute of Chartered Accountants of Scotland, which is one of the listed bodies. My examination is also carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination 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)].
5. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
6. to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations
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## **LASALLIAN PROJECTS INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LASALLIAN PROJECTS FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
JAMES MCBRIDE C.A. T MURPHY & COMPANY CHARTERED ACCOUNTANTS CAPE HOUSE 59 ADMIRAL STREET GLASGOW G41 1HP
21[st ] June, 2024
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## **LASALLIAN PROJECTS STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31[ST] .AUGUST 2023**
|Notes
**Income and endowments from:-**
Donations and legacies
8
Activities
9
Investments
10
**Total**
**Expenditure on:-**
Fundraising costs
11
Charitable activities
12-14
**Total**
**Net expenditure for period**
**Reconciliation of Funds**
Total funds brought forward
**Total funds carried forward**|Unrestricted
Restricted
2023
2022
Funds
Funds
Total
Total
£
£
£
£
35,132
202
35,334
56,281
-
-
-
-
150
-
150
9
35,282
202
35,484
56,290
-
-
-
600
18,038
202
18,240
18,015
18,038
202
18,240
18,615
17,244
-
17,244
37,675
132,141
-
132,141
94,466
**149,385**
**-**
**149,385**
**132,141**|Unrestricted
Restricted
2023
2022
Funds
Funds
Total
Total
£
£
£
£
35,132
202
35,334
56,281
-
-
-
-
150
-
150
9
35,282
202
35,484
56,290
-
-
-
600
18,038
202
18,240
18,015
18,038
202
18,240
18,615
17,244
-
17,244
37,675
132,141
-
132,141
94,466
**149,385**
**-**
**149,385**
**132,141**|
|---|---|---|
||||
|||35,282
202
35,484
56,290|
|||-
-
-
600
18,038
202
18,240
18,015|
|||18,038
202
18,240
18,615|
|||17,244
-
17,244
37,675
132,141
-
132,141
94,466
**149,385**
**-**
**149,385**
**132,141**|
The notes on pages 12 to 17 form an integral part of these financial statements
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## **LASALLIAN PROJECTS BALANCE SHEET AS AT 31[ST] .AUGUST 2023**
|**FIXED ASSETS**
Tangible Assets
**CURRENT ASSETS**
Debtors (HMRC Gift Aid)
Cash at bank
**CREDITORS:**Amounts falling due
within one year
**NET CURRENT ASSETS**
**TOTAL NET ASSETS**
**THE FUNDS OF THE CHARITY**
Unrestricted Funds
Restricted Funds
**TOTAL CHARITY FUNDS**|NOTES
15
16-17
18|2023
£
2,300
148,645
150,945
(
1,560)
149,385
-|£
-
149,385
£149,385
**£149,385**|2022
£
2,000
131,611
133,611
( 1,470)
132,141
-|£
-
132,141
£132,141|£
-
132,141|
|---|---|---|---|---|---|---|
||||||**£132,141**||
The notes on pages 12 to 17 form an integral part of these financial statements
For the year ending 31 August 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Trustees responsibilities:
The members have not required the charity to obtain an audit of its financial statements for the period in question in accordance with section 476;
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.
These financial statements were approved by the board of trustees and authorised for issue on 21[st ] June, 2024 and are signed on behalf of the board by:
Trustee and director - Br John Deeney ____________ Trustee and director – Louise Mayhook
**Company Registration No. 11481398**
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## **LASALLIAN PROJECTS NOTES TO THE FINANCIAL STATEMENTS AS AT 31[ST] .AUGUST 2023**
## **1. General information**
The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 130 Banbury Road, Oxford, OX2 7BP.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. The statements have also been prepared in accordance with Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Fund accounting**
Fund accounting is applied to any restricted income that is received in the year. The restricted income is allocated to specific expenditure as per terms of the donor.
Unrestricted funds has no specific requirements of how the incoming resources is to be spent. The income is used on charitable activities, the costs to generate future funds and day to day support costs.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of donations and legacies and is included in full in the statement of financial activities when receivable.
Donated services are not valued by the charity as they are difficult to quantify.
Income from investments is included in the year in which it is receivable.
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## **LASALLIAN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (cont.) AS AT 31[ST] .AUGUST 2023**
## **3. Accounting policies (cont.)**
## **Gift Aid**
Income tax recoverable on Gift Aid donations is recognised when the respective donation has been recognised and the recoverable amount of income tax can be measured reliably; this is when the donor has completed the relevant Gift Aid declaration form. Income tax recoverable on Gift Aid donations is allocated to the same fund as the respective donation, unless specified by the donor.
## **Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred.
Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs of dealing with the administration of individual and corporate membership subscriptions.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management and include governance costs associated with a) the general running of the charity, b) meeting the constitutional and statutory requirements of the charity and c) costs linked to the strategic management of the charity and which contribute to its future development.
Expenditure on raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes. It includes the costs of all fundraising activities and events together with those costs incurred in seeking donations and grants.
## **Financial instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
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## **LASALLIAN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (cont.) AS AT 31[ST] .AUGUST 2023**
## **3. Accounting policies (cont.)**
## **Judgements in applying accounting policies and key sources of estimation uncertainty**
In the application of the charity’s accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily available from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. During the period under review, there were no judgements in applying the accounting policies and key sources of estimation uncertainty which materially affected the financial statements.
## **4. Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **5. Limitation by guarantee**
Lasallian Projects is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required, but not exceeding £1, to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
## **6. Trustee remuneration and expenses**
No remuneration, or expenses, or other benefits from employment with the charity or a related entity were received by any of the trustees.
## **7. Cashflow statement**
The charity has exercised the exemption conferred by section 07 of Financial Reporting Standard 102 and so has not included a Statement of Cashflows within its financial statements.
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## **LASALLIAN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (cont.) AS AT 31[ST] .AUGUST 2023**
## **8 INCOME FROM DONATIONS AND LEGACIES**
|
Donations & Legacies
Donations – others (1)
Donations – others (2)
DLS Province
Gift Aid – Donations
Gift Aid – HMRC funds
Sundry Income
**9**
**INCOME FROM ACTIVITIES**
Events Income
**10**
**INCOME FROM INVESTMENTS**
Bank Interest received gross
**11**
**FUNDRAISING COSTS**
Fundraising costs|2023
£
1,025
1,747
202
20,000
8,988
3,321
51
35,334
2023
£
-
-
2023
£
150
150
2023
£
-
-|2022
£
25,434
-
3,998
20,000
4,849
2,000
-
56,281
2022
£
-
-
2022
£
9
9
2022
£
600
600|
|---|---|---|
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## **LASALLIAN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (cont.) AS AT 31[ST] .AUGUST 2023**
## **12 CHARITABLE ACTIVITIES**
|Direct Overseas Project Expenditure (1)
Direct Overseas Project Expenditure (2)
Travel Expenses
Insurances
Staffing Costs
I.T. Support
Subscriptions
Bank Charges
Accountancy
General Expenses|2023
£
12,230
202
820
-
525
869
218
1,803
1,560
13
18,240|2022
£
12,140
-
1,344
-
157
862
-
1,791
1,470
251
18,015|
|---|---|---|
## **13 EMPLOYEE COSTS**
## **a) Number of Employees**
|The average monthly number of employees during the year were:
Managerial
Administration
Project Workers
**b) General Employment Costs**
Salaries & Wages
Social Security Costs
Staff Pension Contributions
Staff Training
Recruitment Expenses|2023
0
0
0
0
2023
£
0
0
0
0
0
0|2022
0
0
0
0
2022
£
0
0
0
0
0|
|---|---|---|
|||0|
There were no employees who received remuneration in excess of £60,000 during the year under review.
|**14**
**GOVERNANCE COSTS**
Independent Examiner’s fee
|2023
£
725
|2022
£
625|
|---|---|---|
DocuSign Envelope ID: 8F0B1DFC-6196-413D-BAB1-40538B2D47D6
**Page 17**
## **LASALLIAN PROJECTS NOTES TO THE FINANCIAL STATEMENTS (cont.) AS AT 31[ST] .AUGUST 2023**
## **15 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade Creditors
Deferred Income
Accrued Charges|2023
£
-
-
1,560
1,560|2022
£
-
-
1,470
1,470|
|---|---|---|
||||
## **16 ANALYSIS OF NET FUNDS BETWEEN PROJECTS**
|Fixed Assets
Current Assets
Current Liabilities
|Unrestricted
Restricted
Funds
Funds|2023
Total|
|---|---|---|
||
149,385
-
149,385
132,141||
## **17 UNRESTRICTED FUND**
|a) General fund|1stSeptember
31stAugust
31stAugust
2022
Incoming
Outgoing
2023
2022
£
£
£
£
£
132,141
35,282
(18,038)
149,385
132,141
132,141
35,282
(18,038)
149,385
132,141|
|---|---|
## Purpose of General Fund
The General Fund represents the unrestricted funds which the Trustees are free to use in accordance with the charitable objectives.
## **18 RESTRICTED FUND**
|b) Restricted fund|1stSeptember
31stAugust
31stAugust
2022
Incoming
Outgoing
2023
2022
£
£
£
£
£
-
202
(202)
-
-
-
202
(202)
-
-|
|---|---|
## Purpose of General Fund
The Restricted Fund represents the funds donated to the charity for specific purposes as detailed by the donor parties.
DocuSign Envelope ID: 8F0B1DFC-6196-413D-BAB1-40538B2D47D6
## **LASALLIAN PROJECTS**
**The following pages do not form part of the statutory accounts**
DocuSign Envelope ID: 8F0B1DFC-6196-413D-BAB1-40538B2D47D6
**Page 18**
## **LASALLIAN PROJECTS**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE ACCOUNTING PERIOD**
## **1[st] SEPTEMBER 2022 TO 31[ST] AUGUST 2023**
|YEAR ENDED
31stAUGUST
2023
£
£
**INCOME**
Donations – Legacies
1,025
Donations – others (1)
1,747
Donations – others (2)
202
DLS Province
20,000
Gift Aid – Donations
8,988
Gift Aid – HMRC Funds
3,321
Sundry Income
51
35,334
Bank Interest received gross
150
**Total Income for the period**
**35,484**
**EXPENDITURE**
Direct Overseas Project Expenditure (1)
12,230
Direct Overseas Project Expenditure (2)
202
Fundraising costs
-
Travel Expenses
Insurances
Staffing Costs
820
-
525
I.T. Support
869
Subscriptions
218
Bank Charges
1,803
Accountancy
1,560
General Expenses
13
**Total Expenditure for the year**
**18,240**
**Net Surplus for the year**
**£17,244**||YEAR ENDED
31STAUGUST
2022
£
£
25,434
3,998
-
20,000
4,849
2,000
-
56,281
9
**56,290**
12,140
-
600
1,344
-
157
862
-
1,791
1,470
251
**18,615**
**£37,675**|
|---|---|---|
||||