OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 14
Detailed Statement ofFinancial Activities 15

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies 44,617 7,400 52,017 73,740
Charitable activities
General 79,487 79,487 62,479
Service agreement 61,621
Investment income 476 476
Total 124,580 7,400 131,980 197,840
EXPENDITURE ON
Charitable activities
General 229,678 7,400 237,078 230,516
NET INCOME/(EXPENDITURE) (105,098) (105,098) (32,676)
RECONCILIATION OFFUNDS
Total funds brought
forward
620,981 9,727 630,708 663,384
TOTAL FUNDS CARRIED FORWARD 515,883 9,727 525,610 630,708

BALANCE SHEET
31MARCH 2023
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes f.
FIXEDASSETS
Tangible assets 456,542 456,542 463,210
Investments 15,000 15,000 15i000
471,542 471,542 478,210
CURRENT ASSETS
Stocks 9 750 750 750
Debtors 10 24,948 24,948 40,205
Cash at bank and in hand 26,368 9,727 36,095 114,06]
52,066 9,727 61,793 155,016
CREDITORS
Amounts
falling due within one year
11 (7,725) (7,725) (2,518)
NET CURRENT ASSETS 44,341 9,727 54,068 152,498
TOTAL ASSETSLESSCURRENT
LIABILITIES 515,883 9,727 525,610 630,708
NET ASSETS 515,883 9,727 525,610 630,708
FUNDS 12
Unrestricted
funds
515,883 620,981
Restricted funds 9,727 9,727
TOTAL FUNDS 525,610 630,708

INVKSTMKNT INCOME
2023 2022
f
Deposit account interest 476
NET INCOME/(EXPENDITURE)
2023
f
2022f
Independent examination fees 4,900 3,060
Depreciation - owned assets 8,102 10,705

2023 2022
Administration 11 9

ES TO THE FINANCIAL STATEMENTS -continued
THE YEAR ENDED 31MARCH 2023
ES TO THE FINANCIAL STATEMENTS -continued
THE YEAR ENDED 31MARCH 2023
ES TO THE FINANCIAL STATEMENTS -continued
THE YEAR ENDED 31MARCH 2023
ES TO THE FINANCIAL STATEMENTS -continued
THE YEAR ENDED 31MARCH 2023
ES TO THE FINANCIAL STATEMENTS -continued
THE YEAR ENDED 31MARCH 2023
COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies
67,496 6,244 73,740
Charitable
activities
General 62,479 62,479
Service agreement 61,621 61,621
Total 191,596 6,244 197,840
EXPENDITURE ON
Charitable
activities
General 230,516 230,516
NET INCOME/(EXPENDITURE) (38,920) 6,244 (32,676)
RECONCILIATION OFFUNDS
Total funds brought
forward
659,901 3,483 663,384
TOTAL FUNDS CARRIED
FORWARD 620,981 9,727 630,708
TANGIBLE FIXEDASSETS
Improvements Fixtures
Freehold to and Motor
properly property fittings vehicles Totals
g
COST
At
1 April 2022
43],019 32,775 11,910 27,195 502,899
Additions 1,434 1,434
At 31 March 2023 431,019 32,775 13,344 27,195 504,333
DEPRECIATION
At 1 April 2022 18,623 6,463 14,603 39,689
Charge for year 3,538 1,416 3,148 8,102
At 31 March 2023 22,161 7,879 17,751 47,791
NET BOOKVALUE
At 31March 2023 431,019 10,614 5,465 9,444 456,542
At 31 March 2022 431,019 14,152 5,447 12,592 463,210

FO R THE YEAR ENDED 31MARCH 2023 R THE YEAR ENDED 31MARCH 2023
8. FIXEDASSETINVESTMENTS
Shares in
gt'oltp
undertakin
MARKET VALUE
At
1 April 2022 and 31March 2023
15,000
NET BOOKVALUE
At 31 March 2023 15,000
At 31March 2022 15,000
There were no investment assets outside the UK.
9. STOCKS
2023 2022
Stocks 750 750
10. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Trade debtors 2,395 3,156
Other debtors 20,569 35,114
Prepayments
aud accrued
income 496
Prepayments 1,984 1,439
24,948 40,205
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
6
Trade creditors 1,283 518
Social security and other taxes 2,3]7
Accruals and deferred income 4,125 2,000
7,725 2,518

MOVEMENT IN FUNDS
Net
movement At
At 1/4/22 in funds 31/3/23
f.
Unrestricted funds
General
fund
620,981 (105,098) 515,883
Restricted funds
COOP grant 9,727 9,727
TOTAL FUNDS 630,708 (105,098) 525,610
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 124,580 (229,678) (105,098)
Restricted funds
The Philip and Connie Philips
Foundation 7,400 (7,400)
TOTAL FUNDS 131,980 (237,078) (105,098)
Comparatives for movement in funds
Net
movement At
At 1/4/21 in funds 31/3/22
Unrestricted funds
General fund 228,882 (38,920) 189,962
Capital Reserve 431,019 43],019
659,901 (38,920) 620,981
Restricted funds
COOP grant 3,483 6,244 9,727
TOTAL FUNDS 663,384 (32,676) 630,708

Incoming Resources Movement
resources expended in funds
E
Unrestricted funds
General fund 191,596 (230,516) (38,920)
Restricted funds
COOP grant 6,244 6,244
TOTAL FUNDS 197,840 (230,516) (32,676)
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1/4/21 in funds 31/3/23
Unrestricted funds
General fund 228,882 (144,018) 84,864
Capital Reserve 431,019 431,019
659,901 (144,018) 515,883
Restricted funds
COOP grant 3,483 6,244 9,727
TOTAL FUNDS 663,384 (137,774) 525,610

above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 316,176 (460,194) (144,018)
Restricted funds
COOP grant 6,244 6,244
The Philip and Connie Philips
Foundation 7,400 (7,400)
13,644 (7,400) 6,244
TOTAL FUNDS 329,820 (467,594) (137,774)

DETAILED STATEMENT OFFINANCIAL ACT
FORTHE YEARENDED 31MARCH 2023
IVITIES
2023 2022
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 43,472 42,122
Grants 8,545 31,618
52,017 73,740
Investment
income
Deposit account interest 476
Charitable
activities
Service agreements 61,621
Income from client services 79,487 62,479
79,487 124,100
Total incoming resources 131,980 197,840
EXPENDITURE
Charitable
activities
Wages 155,580 143,603
Establishment
costs
14,542 25,294
Vehicle running
and leasing
26,319 19,804
Catering supplies 14,684 15,116
Sundries 3,519 9,115
Improvements
to property
3,538 4,718
Fixtures and fittings 1,415 1,789
Motor vehicles 3,148 4, 198
222,745 223,637
Support costs
Governance
costs
Auditors'
remuneration
4,900 3,060
Accountancy
and legal fees
9,433 3,819
14,333 6,879
Total resources expended 237,078 230,516
Net expenditure (105,098) (32,676)