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2023-03-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet 6 to 7
Notes tothe Financial Statements 8 to 13
Detailed Statement ofFinancial Activities 14 to 15

period
1/6/22
to year ended
31/3/23 31/5/22
Unrestricted Restricted Total Total
fund funds funds funds
Notes f. 8 f f
INCOME AND ENDOWMENTS FROM
Donations and legacies 90,747 134,682 225,429 101,838
Investment incotne 2 80,594 80,594 85,909
Total 171,341 134,682 306,023 187,747
EXPENDITURE ON
Charitable activities 82,224 6,941 89,165 105,942
Other 7,098 5,487
Total 89,322 6,941 96363 111,429
NET INCOME 82,019 127,741 209,760 76,318
Transfers between funds 11 355,000 (355,000)
Net movement
in funds		 437,019 (227459) 209,760 76,318
RECONCILIATION OFFUNDS
Total funds brought forward 1,286,351 355,000 1,641,351 1,565,033
TOTAL FUNDS CARRIED FORWARD 1,723,370 127,741 1,851,111 1,641,351

2023 2022
Unrestricted Total Total
fund funds funds
Notes 6
FIXEDASSETS
Tangible assets 6 1,854,980 117,604 1,972,584 1,744,388
CURRENT ASSETS
Debtors 7 3,592 3,592 20,598
Cash atbank 24,461 10,137 34,598 48,842
28,053 10,137 38,190 69,440
CREDITORS
Amounts
falling due within one year		 8 (24,264) (24,264) (18,057)
NET CURRENT ASSETS 3,789 10,137 13,926 51,383
TOTAL ASSETSLESSCURRENT
LIABILITIES 1,858,769 127,741 1,986,510 1,795,771
CREDITORS
Ainounts
falling due after more than one year		 9 (135,399) (135399) (154,420)
NET ASSETS 1,723/70 127,741 1,851,111 1,641,351
FUNDS
Unrestricted
funds		 1,723,370 1,286,351
Restricted funds 127,741 355,000
TOTAL FUNDS 1,851,111 1,641,351

INVESTMENT INCOME
period
1/6/22
to year ended
31/3/23 31/5/22
Rents received 80,542 85,903
Deposit account interest 52 6
80,594 85,909

period
1/6/22
to year ended
31/3/23 31/5/22
Independent examiner fees 1,350 1,195
Depreciation - owned assets 6,213 592

Unrestricted Restricted Total
fund funds funds
INCOME AND ENDOWMENTS FROM
Donations and legacies 73,528 28,310 101,838
Investment income 85,909 85,909
Total 159,437 28,310 187,747
EXPENDITURE ON
Charitable activities 89,214 16,728 105,942
Other 5,487 5,487
Total 94,701 16,728 111,429
NET INCOME 64,736 11,582 76318
RECONCILIATION OFFUNDS
Total funds brought forward 1,221,615 343,418 1,565,033
TOTAL FUNDS CARRIED FORWARD 1,286,351 355,000 1,641,351

TANGIBLE FIXEDASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
f.
COST
At 1June 2022 1,743,778 1,794 1,745,572
Additions 200,077 34,332 234,409
At31 March 2023 1,943,855 34,332 1,794 1,979,981
DEPRECIATION
At 1June 2022 1,184 1,184
Charge foryear 5,720 493 6,213
At 31March 2023 5,720 1,677 7,397
NET BOOKVALUE
At 31March 2023 1,943,855 28,612 117 1,972,584
At 31May 2022 1,743,778 610 1,744,388
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
VAT 3,592 6,480
Prepayments
and accrued income		 14,118
3,592 20,598
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
Bank loans and overdrafts (see note 10) 21,664 16,861
Accruals and deferred income 2,600 1,196
24,264 18,057

2023 2022
Bank loans (see note 10) 135,399 154,420
10. LOANS
An analysis ofthe maturity ofloans is given below:
2023 2022
8
Amounts
falling due		 within one year on demand:
Bank loans 21,664 16,861
Atnounts
falling between one and two years:
Bank loans 135,399 154,420
11. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1/6/22 in funds funds 31/3/23
g 6
Unrestricted
funds
General fund 1,286451 82,019 355,000 1,723,370
Restricted funds
Ground floor building fund 320,000 (320,000)
Community
kitchen fund		 25,000 (25,000)
Changing places fund 10,000 (10,000)
Social investment business grant fund 20,435 (10,298) 10,137
College fund 56,100 56,100
Space Oasis 16,206 16,206
Facilities fund 35,000 35,000
Social investment business grant building
reserve 10,298 10,298
355,000 127,741 (355,000) 127,741
TOTAL FUNDS 1,641,351 209,760 1,851,111

Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 171,341 (89,322) 82,019
Restricted funds
Social investment business grant fund 24,135 (3,700) 20,435
College fund 56,100 56,100
Space Oasis 19,447 (3,241) 16,206
Facilities fund 35,000 35,000
134,682 (6,941) 127,741
TOTAL FUNDS 306,023 (96,263) 209,760
Comparatives for movement in funds
Net
movement At
At I/6/21 in funds 31/5/22
Unrestricted funds
General fund 1,221,615 64,736 1,286,351
Restricted funds
Ground floor building fund 300,000 20,000 320,000
Community kitchen fund 25,000 25,000
Changing
places fund		 10,000 10,000
Wages fund 8,418 (8,418)
343,418 11,582 355,000
TOTAL FUNDS 1,565,033 76,318 1,641,351
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
f.
Unrestricted funds
General fund 159,437 (94,701) 64,736
Restricted funds
Gmund floor building fund 20,000 20,000
Wages fund 8,310 (16,728) (8,418)
28,310 (16,728) 11,582
TOTAL FUNDS 187,747 (111,429) 76,318

for the period IJune 2022to 31March 2023
pcfloil
1/6/22
year en ded
31/3/23 31/5/22
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 70,746 34,628
Grants 154,683 67,210
225,429 101,838
Investment
income
Rents received 80,542 85,903
Deposit account interest 52
80,594 85,909
Total incoming resources 306,023 187,747
EXPENDITURE
Other
Bank loan interest 7,098 5,487
Support costs
Management
Wages 48,144 69,785
Insurance 7,316 8,081
Light, heat and power 13,043 11,441
Telephone 2394 2,475
Advertising 609
Sundries 627 743
Repairs &maintenance 3,367 2,323
Travel 1,618 1,224
Funding 800
Training &recruitment 633
Sotbvare &computer 496 617
Fixtures and fittings 5,720
Computer
equipment		 493 592
83,118 99,323
Finance
Bank charges 91 102
Governance
costs
Auditors'
remuneration		 for non audit work 1,350 1,195
Legal and professional fees 4,606 5,322
5,956 6,517

period
1/6/22
year ea ded
31/3/23 31/5/22
96,263 111,429
209,760 76,318