OpenCharities

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2022-12-31-accounts

Risk mana
ement
The Trustees actively consider the risks to 'which the charity is exposed and:review
them and
the mitigating
actions at each meeting.
The
rinci
al risks that the Trustees
have identified
are
Risk
Im~t"
''
'
"
'
"-'"' '-'
Mltigat)ngae&iiiff
'-' "-""".
Weare given notice to
quit our current premises,
orthe rent isincreased
beyond our ability to pay.
Ne cha'rity will-not
b'e
continue unless other
can befound.
ablbto"
premises
SdekiiYg a rarige'of alternati Vepremises.
Ongoing discussion continue regarding
possible locations
Building relationships
with
Regular funding
isnot
Thecharity
will
not beableto institutional
funders and individual
available sustain
its work
donors to provide start-up
and regular
income/
Comprehensive
policies and procedures
Safeguarding
incident
in Reputational
and financial
are in place; suitably trained
and
the workshop damage " qualified
individuals
engaged asproject
gnaneger-eiacbyylynteers;.
.

Notes 2022 2021
f f
Incoming resources
Grants 19,625 3,744
Donations 1,534 960
Interest earned 12
Tax recoverable under gift aid 323
Sales 256
Other income 3
21,753 4,704
Resources expended
Expenditure:
Staff costs 13,726
Fitting out 3,518
Rent 2,300
Materials &tools 3,563 752
Client Travel 40
Maintenance 839 132
Admin costs 1,801
25,787 884
NET MOVEMENT IN FUNDS (4,034) 3,820
Total funds brought forward 12,839 9,019
Total funds carried forward 8,805 12,839

Notes 2022 2021
f f
Current Assets
Cash at Bank 8,680 12,839
Petty cash 125
Balance carried forward 8,805 12,839
Represented by:
Funds 8,805 12,839
Total 8,805 12,839
Opening funds 12,839 9,019
Net Movement in Resources in the Year (4,034) 3,820
8,805 12,839
Wlliam Lowries
Treasurer

Analysis of Funds
The restricted
funds represent
grants received with acondition that the
funds areto be used for capital expenditure. 2022 2021
Unrestricted
Funds
8,532 10,254
Restricted
Funds
273 2,585
8,805 12,839