**Charity registration number 1182154**
## **MAKING IT OUT CIO**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022**
Encyro E-Sign ID: c4d9acf5585b4947a55a8e656ee35619 (2023-Aug-29 13:08:33 UTC)
## **MAKING IT OUT CIO**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** H Schofield S Fradley K Poulton A Granger (Appointed 19 April 2023) S Murray (Chair) **Charity number** 1182154 **Principal address** 1-3 Church Road Portslade Brighton BN41 1LB **Independent examiner** Martin Rutherford FCA BFP 77 Dale Crescent Brighton BN1 8NT **Accountants** West & Berry Limited Mocatta House Trafalgar Place Brighton BN1 4DU
## **MAKING IT OUT CIO**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Statement of trustees' responsibilities|4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 - 17|
## **MAKING IT OUT CIO**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
The trustees present their annual report and financial statements for the year ended 31 October 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Objectives and activities**
The charity's objects are;
## **The Advancement of Education**
For the public benefit advance the education of individuals in the South East of England at risk of social exclusion, in particular but not exclusively by a) providing and promoting artistic and vocational training (including design and technology skills), b) providing advice and assistance and c) providing and promoting the use of community based facilities and resources.
## **The Advancement of the Arts, Culture, Heritage or Science**
For the public benefit advance the education and participation of individuals in the South East of England at risk of social exclusion, in art, crafts and design by a) providing access to facilities and b) promoting opportunities to engage in education, training and public works.
## **Other Charitable Purposes: The rehabilitation of ex-offenders and the prevention of crime**
For the public benefit in the South East of England to assist in the rehabilitation of ex-offenders and the prevention of crime , in particular but not exclusively, by providing educational opportunities and resources.
For the purposes of these clauses ‘at risk of social exclusion’ is defined as those potentially excluded from accessing rights, opportunities and resources (including but not limited to education, housing, healthcare) usually available to members of a different group including but not limited to prison and care leavers, individuals experiencing homelessness and mental health difficulties.
## **Objectives and activities**
## **The Advancement of Education**
Making it Out manages training placements for people who have recently left prison or are at risk of ending up there without support. These placements include opportunities to learn new practical, creative skills including woodwork, metalwork and digital design and manufacture. Participants are also encouraged to complete enterprise qualification looking at how to frame their future employment or self-employment. This is an accredited qualification by SFEDI and free for any of our participants.
## **The Advancement of the Arts, Culture, Heritage or Science**
Making It Out manages an art and design studio that provides opportunity and resources to a diverse range of individuals. This includes affordable workspace for local artists/makers, people at risk of committing crime due to circumstance and other groups looked after by local voluntary services. Making it Out also manages art projects that are accessible to the community and focused on encouraging involvement in collaborative projects.
## **Other Charitable Purposes: The rehabilitation of ex-offenders and the prevention of crime**
Making It Out’s primary activity involves working with people leaving prison, and others at risk of ending up there without support. Through supporting these individuals towards successful rehabilitation and divergence from criminal activity the charity has benefited the public through a reduction in crime. This support is framed around engagement in creative making activities that include art, design and manufacture projects.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
- 1 -
## **MAKING IT OUT CIO**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **Achievements and performance**
Making It Out (MiO) has had a successful year as it has continued to develop its rehabilitative services - offering a wider variety of opportunities for participants, improving their outcomes and launching an online store.
MiO currently supports approximately 50 participants from diverse backgrounds who have a wide range of experience and abilities. These participants have benefited from MiO in a variety of ways, including; meaningful use of their time, skill development and decreased isolation. Participants also receive support to increase their access to benefits, housing, addiction services, and mental health provision. 36% of participants have moved onto work or further education whilst others have begun qualifications whilst still attending MiO. During this financial period MIO also established a ‘development fund’ which offers grants of up to £500 for participants that regularly engage with the charity. All requests must be to develop participant independence of some form items are purchased directly by MIO rather than any cash being given out.
MiO experienced an increase in referrals, with Brighton National Probation Service the primary source. This has been complemented with regular referrals from YMCA, NHS managed mental health teams, Change Grow Live, St Mungo’s, private housing providers in Brighton and Brighton, and Hove City Council.
MiO has worked collaboratively with local organisations to deliver several significant projects including a large-scale festival artwork installation, the refitting of a new community centre and a fabrication of a public sculpture in central Brighton.
## **Financial review**
MiO financial situation has remained good throughout the year, with the organisation being able to attract funding from new charitable foundations, such as ‘The Big Ask’ who approached MiO after identifying us as an organisation well placed to have a positive impact.
MiO revenue for the year was 202,838 (2021: £144,183) a 41% increase on the previous year. The surplus for the year was £12146 (2021: deficit £15,267).
Revenue has maintained at a consistent split of approximately 70% - 30% between fundraising and charitable activities (sales of products and services).
The charity aims to keep 3 -6 months running costs as unrestricted reserves to ensure there is a buffer should the charity’s financial position become unsustainable. Unrestricted reserves at the balance sheet date stood at £55,758 in line with the charity's reserves policy.
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The trustees who served during the year and up to the date of signature of the financial statements were:
P Teverson (Retired 2 October 2022) H Schofield S Fradley K Poulton A Granger (Appointed 19 April 2023) S Murray (Chair)
- 2 -
## **MAKING IT OUT CIO**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
Details of method of recruitment and appointment of trustees
The Board strives to recruit individuals who have the knowledge and expertise that contribute positively to the performance of the organization. In the event of required skills being lost through retirement, individuals are approached to offer themselves for election to the Board of Trustees.
The trustees have control of the Charity and its property and funds. The Charity actively seeks to elect Board members to ensure a diverse and representative skill set reflecting the charitable aims and organizational objectives.
New trustees receive an induction to their duties as trustees from an experienced trustee and staff member. Whenever possible they will work alongside the retiring trustee to experience the duties required and to become familiar with the range of work undertaken by the Charity.
The trustees' report was approved by the Board of Trustees.
.............................. S Murray (Chair) **Trustee** 29 Aug 2023 Date: .............................................
- 3 -
## **MAKING IT OUT CIO**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 4 -
## **MAKING IT OUT CIO**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MAKING IT OUT CIO**
I report to the trustees on my examination of the financial statements of Making It Out CIO (the charity) for the year ended 31 October 2022.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
- I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## **Martin Rutherford FCA BFP**
77 Dale Crescent Brighton BN1 8NT
29 Aug 2023 Dated: .........................
- 5 -
## **MAKING IT OUT CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income from:**
Donations and
legacies
**3**
74,552
80,036
Charitable activities
**4**
48,250
-
**Total income**
122,802
80,036
**Expenditure on:**
Charitable activities
**5**
116,277
74,415
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
6,525
5,621
Fund balances at 1
November 2021
49,233
6,420
**Fund balances at 31**
**October 2022**
55,758
12,041|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
154,588
12,047
76,454
48,250
55,682
-
202,838
67,729
76,454
190,692
77,348
82,102
12,146
(9,619)
(5,648)
55,653
58,852
12,068
67,799
49,233
6,420|**Total**
**2021**
**£**
88,501
55,682
144,183
159,450
(15,267)
70,920
55,653|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 6 -
## **MAKING IT OUT CIO**
## **BALANCE SHEET**
## _**AS AT 31 OCTOBER 2022**_
|**2022**
**2021**
**Notes**
**£**
**£**
**£**
**Fixed assets**
Tangible assets
**10**
8,864
**Current assets**
Debtors
**11**
22,908
34,461
Cash at bank and in hand
63,646
48,976
86,554
83,437
**Creditors: amounts falling due within**
**one year**
**13**
(14,952)
(36,780)
Net current assets
71,602
**Total assets less current liabilities**
80,466
**Creditors: amounts falling due after**
**more than one year**
**14**
(12,667)
**Net assets**
67,799
**Income funds**
Restricted funds
**16**
12,041
Unrestricted funds
55,758
67,799
The financial statements were approved by the Trustees on .........................
..............................
..............................
H Schofield
S Murray (Chair)
**Trustee**
**Trustee**
29 Aug 2023|**£**
12,663
46,657
59,320
(3,667)
55,653
6,420
49,233
55,653|
|---|---|
- 7 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **1 Accounting policies**
## **Charity information**
Making It Out CIO is a Charitable Incorporated Organisation.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 8 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Support and governance costs are allocated to the charitable activity of the company.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 3 years straight line Motor vehicles 5 years straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
- 9 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **1 Accounting policies**
**(Continued)**
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 10 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**£**
**£**
Donations and gifts
1,552
-
Grants and donations
73,000
80,036
74,552
80,036|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
1,552
347
-
153,036
11,700
76,454
154,588
12,047
76,454|**Total**
**2021**
**£**
347
88,154|
|---|---|---|
|||88,501|
## **4 Charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**Income**|**Income**|
||**2022**|**2021**|
||**£**|**£**|
|Sales of services by beneficiaries|42,200|50,482|
|Charitable rental income|6,050|5,200|
||48,250|55,682|
- 11 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **5 Charitable activities**
||**Charitable**|
**Charitable**|
|---|---|---|
||**Expenditure**|**Expenditure**|
||**2022**|**2021**|
||**£**|**£**|
|Staff costs|105,454|95,575|
|Depreciation and impairment|3,799|3,799|
|Workshop costs|12,809|10,969|
|Workshop consumables|22,578|7,241|
|Workshop small tools and equipment|10,256|16,356|
|Participants equipment|632|3,526|
|Participants expenses|2,248|1,497|
|Training expenses|1,382|210|
|Travel|6,988|3,625|
|Rent|12,600|12,600|
||178,746|155,398|
|Share of support costs (see note 6)|11,946|4,052|
||190,692|159,450|
|**Analysis by fund**|||
|Unrestricted funds|116,277|77,348|
|Restricted funds|74,415|82,102|
||190,692|159,450|
- 12 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **6 Support costs**
|Computer, IT and
website
Insurance
Legal & professional
Print, post, stationery and
other office
Telephone
Advertising
General
Interest payable
Allocated to
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
(2)
-
1,579
-
6,618
-
1,292
-
265
-
509
-
1,620
-
65
-
11,946
-
11,946
-|**2022**Support costs Governance
costs
**£**
£
£
(2)
165
-
1,579
1,225
-
6,618
1,072
-
1,292
706
-
265
142
-
509
60
-
1,620
660
-
65
22
-
11,946
4,052
-
11,946
4,052
-|2021
£
165
1,225
1,072
706
142
60
660
22|
|---|---|---|---|
||||4,052|
||||4,052|
Governance costs includes payments to the examiners of £Nil (2021- £Nil) for examination fees.
## **7 Trustees**
None of the trustees received any remuneration or benefits from the charity during the year.
The family relationship between Helen Schofield and Mark Whaley (CEO) has been declared to and authorised by the Charity Commission.
## **8 Employees**
The average monthly number of employees during the year was:
|**Employment costs**
Wages and salaries
Other pension costs|**2022**
**Number**
9
**2022**
**£**
101,365
4,089
105,454|**2021**
**Number**
7|
|---|---|---|
|||**2021**
**£**
88,444
7,131|
|||95,575|
There were no employees whose annual remuneration was more than £60,000.
- 13 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **9 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **10 Tangible fixed assets**
|**Fixtures and**
**fittings**
**Motor**
**£**
**Cost**
At 1 November 2021
3,998
At 31 October 2022
3,998
**Depreciation and impairment**
At 1 November 2021
3,998
Depreciation charged in the year
-
At 31 October 2022
3,998
**Carrying amount**
At 31 October 2022
-
At 31 October 2021
-
**11**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Other debtors
**12**
**Loans and overdrafts**
Bank loans
Other loans
Payable within one year
Payable after one year|**vehicles**
**£**
18,995
18,995
6,332
3,799
10,131
8,864
12,663
**2022**
**£**
20,532
2,376
22,908
**2022**
**£**
3,667
10,000
13,667
1,000
12,667|**Total**
**£**
22,993|
|---|---|---|
|||22,993|
|||10,330
3,799|
|||14,129|
|||8,864|
|||12,663|
|||**2021**
**£**
33,304
1,157|
|||34,461|
|||**2021**
**£**
4,667
10,000|
|||14,667|
|||11,000
3,667|
- 14 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
|**13**
**Creditors: amounts falling due within one year**
**Notes**
Bank loans
**12**
Other borrowings
Other taxation and social security
Deferred income
**15**
Other creditors
Accruals and deferred income
**14**
**Creditors: amounts falling due after more than one year**
**Notes**
Bank loans
**12**
Other borrowings
**15**
**Deferred income**
Arising from Grants
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 November 2021
Released from previous periods
Resources deferred in the year
Deferred income at 31 October 2022|**2022**
**2021**
**£**
**£**
1,000
1,000
-
10,000
1,723
1
7,000
21,665
3,572
3,114
1,657
1,000
14,952
36,780
**2022**
**2021**
**£**
**£**
2,667
3,667
10,000
-
12,667
3,667
**2022**
**2021**
**£**
**£**
7,000
21,665
**2022**
**2021**
**£**
**£**
7,000
21,665
21,665
33,306
(21,665)
(33,306)
7,000
21,665
7,000
21,665|
|---|---|
- 15 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
## **16 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
||||**Movement in funds**|**Movement in funds**|||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|---|---|---|---|---|
||**Balance at**||**Incoming**|**Resources**|**Balance at**||**Incoming**|**Resources**|**Balance at**|
||**1 November**||**resources**|**expended**|**1 November**||**resources**|**expended**|**31 October**|
|||**2020**||||**2021**|||**2022**|
|||**£**|**£**|**£**||**£**|**£**|**£**|**£**|
|Clothworkers Foundation|7,467||-|(7,467)||-|-|-|-|
|Ernest Kleinwort Charitable Trust||-|-|-||-|4,900|(4,900)|-|
|National Lottery COVID Community Support Grant|4,601||7,475|(12,076)||-|-|-|-|
|Sussex Community Foundation||-|9,167|(9,167)||-|5,438|(5,438)|-|
|Tudor Trust||-|32,497|(32,497)||-|21,667|(21,667)|-|
|Lloyds/ DCMS||-|17,683|(17,683)||-|-|-|-|
|Awards for All||-|9,630|(3,210)|6,420||-|(6,420)|-|
|Postcoe Society Trust||-|-|-||-|14,277|(14,277)|-|
|Big Ask||-|-|-||-|5,175|(3,500)|1,675|
|Big Ask||-|-|-||-|20,079|(11,713)|8,366|
|Southern Water||-|-|-||-|3,500|(3,500)|-|
|Enjoolata||-|-|-||-|5,000|(3,000)|2,000|
||12,068||76,452|(82,100)|6,420||80,036|(74,415)|12,041|
- 16 -
## **MAKING IT OUT CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 OCTOBER 2022**_
|**17**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**2022**
**2022**
**2021**
**2021**
**£**
**£**
**£**
**£**
**£**
Fund balances at 31
October 2022 are
represented by:
Tangible assets
8,864
-
8,864
12,663
-
Current assets/(liabilities)
71,602
-
71,602
40,237
6,420
Long term liabilities
(12,667)
-
(12,667)
(3,667)
-
67,799
-
67,799
49,233
6,420|**Total**
**2021**
**£**
12,663
46,657
(3,667)
55,653|
|---|---|
## **18 Related party transactions**
Included in creditors is a loan for £10,000 provided by H Schofield, a Trustee of the charity.
- 17 -
**Audit Trail**
## Tamper Verification
To check if this file has been modified after being signed, please go to: https://www.encyro.com/esign/verify Upload the file. The result will indicate if the file contents have been tampered with.
## Signed By
**Signer:** Stephen Murray (stephenmurray170@hotmail.com) **Identity Check:** Email Authentication **Signature Type:** Mouse or hand drawn **Time Zone:** UTC+01:00, Europe/London (British Summer Time)
**Signer:** Helen Schofield (helen@makingitout.co.uk) **Identity Check:** Email Authentication **Signature Type:** Typed
**Time Zone:** UTC+01:00, Europe/London (British Summer Time)
**Signer:** Martin Rutherford (martin@align-rm.com) **Identity Check:** Email Authentication **Signature Type:** Typed
**Time Zone:** UTC+01:00, Europe/London (British Summer Time)
## Event Log
**Aug 29, 2023, 6:40:09 AM -** Email notification sent to Stephen Murray (stephenmurray170@hotmail.com). **Aug 29, 2023, 6:40:11 AM -** Email notification delivered to Stephen Murray (stephenmurray170@hotmail.com). **Aug 29, 2023, 7:11:46 AM -** Stephen Murray (stephenmurray170@hotmail.com) opened the email notification (estimated).
**Aug 29, 2023, 7:15:36 AM -** Stephen Murray (stephenmurray170@hotmail.com) electronically signed or completed the document, from 82.10.58.131.
**Aug 29, 2023, 7:15:54 AM -** Email notification sent to Helen Schofield (helen@makingitout.co.uk).
**Aug 29, 2023, 7:15:56 AM -** Email notification delivered to Helen Schofield (helen@makingitout.co.uk).
**Aug 29, 2023, 8:24:50 AM -** Helen Schofield (helen@makingitout.co.uk) opened the email notification (estimated).
**Aug 29, 2023, 10:24:56 AM -** Helen Schofield (helen@makingitout.co.uk) electronically signed or completed the document, from 82.153.166.179.
**Aug 29, 2023, 10:25:26 AM -** Email notification sent to Martin Rutherford (martin@align-rm.com).
**Aug 29, 2023, 10:25:29 AM -** Email notification delivered to Martin Rutherford (martin@align-rm.com).
**Aug 29, 2023, 2:08:27 PM -** Martin Rutherford (martin@align-rm.com) electronically signed or completed the document, from 90.242.27.86.
END OF LOG