2023-03-31-accounts - Student Futures

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		Page
Trustees' Annual Report
Independent examiner's	report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements

he fi	rst trustees appointed	will remain in office as follows;
Mark	Hilton	three years (Reappointed	October 2022 for 3years)
Keith	McDowall	three years (Reappointed	March 2022 for 3years)
Paul	Bibby	three years (Reappointed	March 2022 for 3years)
Julia	Casimo	two years (Reappointed	May 2021 for 3years)

	Notes	unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
		31"INarch	31"INarch	31"March	31"March
Income and		2023f	2023 F	2023 F	2022 f
Endowments from
Donations and legacies	3a	15,030		15,030	10,354
Charitable activities	3b	13,281		13,281	8,565
Other trading activities	3C	5,053		5,053	4,745
Total Income		33,364		33,364	23,664
Expenditure on
Charitable activities		39,460	1,258	40,718	27,636
Total expenditure		39,460	1,258	40,718	27,636
Net
income/(expenditure),		(6,096)	(1,258)	(7,354)	(3,972)
net movement in funds
Total funds brought	9, 11	33,588	6,289	39,877	43,849
forward
Total funds carried	9, 11	27,492	5,031	32,523	39,877
forward

		Notes	31"March	2023	31"March	2022
			f.	5
Fixed assets
Tangible fixed assets				7,513		9,391
Right ofuse asset				9,491		17,626
				17,004		27,017
Current assets
Debtors
Cash at bank and in hand			16,354		13,415
			16,354		13,415
Current liabilities
Creditors: amounts due within one year	falling		(835)		(555)
Net current assets				15,519		12,860
Total assets less current liabilities				32.523		39,877
Funds:
Unrestricted funds		9,10		27,492		33,588
Restricted funds		9,11		5,031		6,289
				32,523		39,877

3. Income and endowments	3. Income and endowments	from:
			Unrestricted		Restricted	Total	Total
			Funds		Funds	Funds	Funds
a. Donations and legacies			31"March 2023		31"March 2023 f	31"March 2023 f	31"March 2022
Donations			15,030			15,030	10,354
b. Charitable activities			f
Cafe Income			13,281			13,281	8,565
c. Other trading activities						f	f
Rental income			5,053			5,053	4,745
4. Expenditure on charitable
activities
			Direct	Support 8		Total	Total
			charitable	Governance		31"March	31"March
			Expenditure f		Costs	2023 f	2022f
Provision offacilities	for training
and work experience for Special Educational Needs and			38,845		1,873	40,718	27,636
Disabilities under 25	years	old
a. analysed as follows
			31"March 2023		31"March	2022
Direct Charitable Expenditure:				f		f
Food, drink and services			18,092		10,736
Waste disposal			2,	148		988
Utiliti es			3,447		2,646
Property Repair 8 Refurbishment			4,227
Equipment				918		216
Depreciation			1,878		3,415
Deprecation ROU			8,135		8,135
			38,845		26,136

Support and governance	Support and governance
Insurance		737	645
Bank charges		301	300
Accountancy		835	555
		1,873	1,500
Total expenditure activities	on charitable	40,718	27,636

Tangible fixed assets
	Catering	Total
Cost	Equipmentf
Balance at 31"March 2022	23,813	23,813
Additions
Balance at 31"March 2023	23,813	23,813
Depreciation Balance at 31"March 2022	14,422	14,422
Charge for the period	1,878	2,504
Balance at 31"March 2023	16,300	16,926
Net book value at 31*'March 2023	7,513	6,887
Net book value at 31"March 2022	9,391	9,391

OTES TO THE FINANCIAL STATEMENT	S FOR THE YEA	R ENDED
6. Right ofuse assets
	Building	Total
	Lease
Cost
Balance at31"March 2022	40,675	40,675
Additions
Balance at31"March 2023	40,675	40,675
Depreciation Balance at 31"March 2022	23,049	23,049
Charge for the period	8,135	8,135
Balance at31"March 2023	31,184	31,184
Net book value at31"March 2023	9,491	9,491
Net book value at 31"March 2022	17,626	17,626