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|Contents||||
|---|---|---|---|
||||Page|
|Reference and administrative||information||
|Trustees'
Annual
Report||||
|Independent
Auditors'|Report||10|
|Statement of Financial|Activities||13|
|Balance Sheet|||14|
|Statement ofCash Flows|||15|
|Notes to the Financial|Statements||16|
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||Ttrssnas's
Feendsden|Ttrssnas's
Feendsden|Incerns|Incerns||
|---|---|---|---|---|---|
||Yearte|||Yearte|Increase|
||3|1)08I2028|||81(08t2022|(Decrease)|
||1„115,144|||934,541|180,603|
||6,746|||3,556||
|Total|1,121,890|100%||938,097|183,793|
|Cernrnen03r Prelscts|179,498|19%||111,445|6$,053|
|Barsarsss|228,072|25%||169,465|58,607|
|Prejscts In NsPs I|263,M1|||149,296|113,795|
|Fundrais1n0|51,497|6%||16,648|34,849|
|Admlrdstr aden|204,046|||176,905|27,141|
|Olhsr||0%||1,200|(1,200)|
|Tetat||||624,959|301,246|
|||||17,107|(13„404)|
|||||296&031||
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|For the
ear ended||31 Au|ust 2023||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|Funda|funds|funds|
||||||2023|2023|2023|2022|
|||||Note|6||F|E|
|Income from:|||||||||
|Donations|||||810,287|304,657|1,115,144|934,541|
|Investment
income|||||6,746||6,746|3,556|
|Total income|||||817,033|304,857|1,121,890|938,097|
|Expenditure
on:|||||||||
|Raising funds|||||83,622||83,622|16,646|
|Charitable
activities|||||171,526|671,057|842,583|608,311|
|Total expenditure||||5|255,148|671,057|926,205|624,959|
|Net gains/(losses)|on investments|||9|(3,703)||(3,703)|(17,107)|
|Net income/(expenditure)|||for the year|6|558,182|(366,200)|191,982|296,031|
|Transfers
between|funds||||(49,286)|49,286|||
|Net movement
in|funds||||508,896|(316,914)|191,982|296,031|
|Reconciliation
of|funds:|||13|||||
|Total funds brought|forward||||539,549|552,285|1,091,634|795,803|
|Total funds carried||forward|||1,048,445|235,371|1,283,816|1,091,634|
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||||||2023|2023|2022|2022|
|---|---|---|---|---|---|---|---|---|
|||||Note|6|6|||
|Fixed assets".|||||||||
|Investments||||9|257,534||261,237||
|||||||257,534||261,237|
|Current assets:|||||||||
|Debtors||||10|21,796||2,786||
|Cash at bank|and|in|hand||1,025,114||861,716||
||||||1,046,910||864,502||
|Liabilities:
Creditors: amounts|||falling due within one year|11|~20,828||33,905||
|Net current|assets|||||1,026,282||830,597|
|Total net assets||||||1,283,816||1,091,834|
|Funds:||||13|||||
|Restricted Funds||||||235,371||552,285|
|Unrestricted|funds:||||||||
|General|funds||||1,048,445||539,549||
|Total unrestricted||funds||||1,048 448||539,549|
|Total funds||||||1,283,816||1,091,834|
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||||Note|2023||2023|2022|2022|
|---|---|---|---|---|---|---|---|---|
|Net cash provided
by operating
activities|||14|||156,652||303,043|
|Cash flows from investing
activities:|||||||||
|Interest/
dividends
from investments
Purchase of investments||||6,746|||3,556
~2,779||
|Cash provided
by investing
activities||||||6,746||777|
|Change
in cash and cash equivalents|in|the year||||163,398||303,820|
|Cash and cash equivalents
at the beginning||ofthe year||||861,716||557,896|
|Cash and cash equivalents
at the end|of|the year|15||1|925,114||861,716|
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|Detailed c|omp|arati|ves
for the statement|offinancial activities|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||
|||||funds|Funds|Total Funds|
|||||2022f|2022
F|2022
F|
|Income from:|||||||
|Donations||||388,888|545,653|934,541|
|Investments||||3,556||3,556|
|||||392,444|545,653|938,097|
|Expenditure|on:||||||
|Raising funds||||16,648||16,648|
|Charitable|activities|||178,105|430,206|608,311|
|||||194,753|430,206|624,959|
|Net (losses) on||investments||(17,107)||(17,107)|
|Net income|for|the|year|180,584|115,447|296,031|
|Net movement||in funds||180,584|115,447|296,031|
|Total funds|brought||forward|358,965|436,838|795,803|
|Total funds|carried||forward|539,549|552,285|1,091,834|
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|Income from donations|||||
|---|---|---|---|---|
||Unrestricted|Restricted||Total|
||funds|Funds|Total Funds|Funds|
||2023|2023|2023|2022|
|||5|||
|Donations|810,287|304,857|1,115,144|934,541|
||810,287|304,857|1,115,144|934,541|
|Income from investments|||||
||Unrestricted|Restricted||Total|
||funds|Funds|Total Funds|Funds|
||2023|2023|2023|2022|
||F||||
|Bank interest|6,746||6,746|241|
|Dividends||||3,315|
||6,746||6,746|3,555|
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|Analysis ofe
current year|xpe|n|diture||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Cost of||||||
||||||raising|Charitable|Support|Governance|Total|Total|
||||||funds|activities|costs|Costs|2023|2022|
||||||F|f|F|F|6|F|
|Staff costs|||||32,125|130,587|49,896||212,608|175,003|
|Grants, bursaries|||and||||||||
|scholarships||||||383,076|||383,076|295,820|
|Direct charitable||expenditure||||254,231|||254,231|123,440|
|Fundraising|||||51,497||||51,497|16,648|
|Bank charges|||||||899||899|783|
|Auditor's
remuneration||||||||5,400|5,400||
|Independent|examiner's|||fee prior|||||||
|year||||||||120|120|1,200|
|Other running|costs||||||16,530||16,530|10,318|
|Insurance|||||||1,844||1,844|1,747|
||||||83,622|767,894|69,169|5,520|926,205|624,959|
|Support costs||||||69,169|(69,169)||||
|Governance|costs|||||5,520||(5,520)|||
|Total expenditure|||2023||83,622|842,583|||926,205||
|Total expenditure|||2022||16,648|608,311||||624,959|
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|Analysis of
prior year|expe|nditure
conti|nued|||||
|---|---|---|---|---|---|---|---|
||||Cost of|||||
||||raising|Charitable|Support|Governance|Total|
||||funds|activities|costs|Costs|2022|
|Staffcosts||||138,992|36,011||175,003|
|Grants,
bursaries||and||||||
|scholarships||||295,820|||295,820|
|Direct charitable||expenditure||123,440|||123,440|
|Fundraising|||16,648||||16,648|
|Bank charges|||||783||T83|
|Independent|examination|||||1,200|1,200|
|Insurance|||||1,747||1,747|
|Other running|costs||||10,318||10,318|
||||16,648|558,252|48,859|1,200|624,959|
|Support costs||||48,859|(48,859)|||
|Governance|costs|||1,200||(1,200)||
|Total expenditure||2022|16,648|608,311|||624,959|
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|||||2023|2022|
|---|---|---|---|---|---|
|Salaries and wages||||206,780|151,690|
|Social security costs||||3,625|16,005|
|Employer's
contribution|to defined|contribution|pension schemes|2,203|7,308|
|||||212808|175003|
|2023|2022|
|---|---|
|1|1|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||E|E|
||Investments|||at fair|value:|||
||Investment||funds|||257,534|261,237|
|||||||257 534|261 237|
||Movements|||||||
||Market value|||at the|start ofthe year|261,237|275,565|
||Additions|at|cost||||2,779|
||Net gain/(loss)|||on revaluation||3,703|17,107|
||Market value|||at the|end ofthe year|257534|261 237|
|10|Debtors|||||||
|||||||2023|2022|
|||||||E|E|
||Other debtors|||||2,551||
||Prepayments|||||19245|2,786|
|||||||21 796|2786|
|11|Creditors:|amounts|||falling due within one year|||
|||||||2023|2022|
|||||||E|E|
||Accruals|||||20,628|33,905|
|||||||20,628|33,905|
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|Analysis
of net assets betwe|en funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|Funds|funds|
|||F|E|E|
|Investments||257,534||257,534|
|Net current assets
Net assets at the end ofthe|year|790,911
1,048,445|235,371
235,371|1,026,282
1,283,816|
|Analysis ofnet assets between|funds (prior year)||||
|||Unrestricted|Restricted|Total|
|||funds|Funds|funds|
|||E||E|
|Fixed assets
Net current assets
Net assets at the end ofthe year||539,549
539,549|261,237
291,048
552,285|261,237
830,597
1,091,834|
|13|Movements
in funds|Movements
in funds|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||At the start|Income|Expenditure|||At the end|
||||||ofthe year|and gains|and losses|Transfers||ofthe year|
|||||||8|F||6|5|
||Restricted Funds:||||||||||
||CAIRN Projects||||146,703|176,698|(263,216)||49,286|109,471|
||Bursary Funds||||233,796|114,969|(228,072)|||120,693|
||Thomas's
Schools Foundation||||171,786|||(166,579)||5,207|
||Community
Projects|||||13,190|(179,769)||166,579||
||Total restricted
funds||||552,285|304,857|671,057||49,286|235,371|
||Unrestricted
funds:||||||||||
||General funds||||539,549|617,033|(258,851)||(49,286)|1,048,445|
||Total unrestricted
funds||||539,549|817,033|258851||49,286|1,048,445|
||Total funds||||1,091,834|1,121,890|(929,908|||1,283,816|
||Movements
in funds|for the||(prior year)|||||||
||||||At the start|Income and|Expenses and|||At the end of|
||||||ofthe year|gains|losses|Transfers||the year|
||||||6|F|F||6|6|
||Restricted
Funds:||||||||||
||CAIRN Projects||||202,017|93,982|(149,296)|||146,703|
||Foundation
Projects||||215,703|451,671|(261,792)|||405,582|
||COVID Response||||19,118||(19,118)||||
||Total restricted
funds||||436,838|545,653|430,206|||552,285|
||Unrestricted
funds:||||||||||
||General funds||||358,965|392,444|(211,860)|||539,549|
||Total unrestricted
funds||||358,965|392,444|211,860|||539,549|
||Total funds||||795,803|938,097|642,066|||1,091,834|
|14|Reconciliation
ofnet||income||/ (expenditure)|to net cash|flow from operating||activities||
||||||||||2023|2022|
||||||||||6|6|
||Net income for the|reporting|||period||||191,982|296,031|
||(as per the statement||offinancial activities)||||||||
||Depreciation||||||||||
||Losses on investments||||||||3,703|17,107|
||Interest,
rent and dividends|||from investments|||||(6,746)|(3,556)|
||(Increase)/ decrease|in debtors|||||||(19,010)|3,055|
||Increase/ (decrease)|in creditors|||||||13,277|9,594|
||Net cash provided|by / (used|||in) operating|activities|||156,652|303,043|
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|Analysis
ofcash|and cash equivalen|ts||||
|---|---|---|---|---|---|
||||At the start of||At the end|
||||the year|Cash flows|ofthe year|
|||||6||
|Cash at bank and|in hand||861,716|163,398|1,025,114|
|Total cash and cash equivalents|||861,716|163,398|1,025,114|
|Analysis ofcash and cash equivalents||(prior year)||||
||||At the start of||At the end of|
||||the year|Cash flows
f|the year
F|
|Cash at bank and|in hand||557,896|303,820|861,716|
|Total cash and cash equivalents|||557,896|303,820|861,716|
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