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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||fund|funds|
|||||Notes|||
|INCOME|AND ENDOWMENTS FROM||||||
|Donations|and legacies||||5/61|1,873|
|Charitable|activities||||||
|Education|||||1,356,239|1,281,663|
|Other income|||||45337|27,507|
|Total|||||1,406,837|1,311,043|
|EXPENDITURE||ON|||||
|Charitable|activities||||||
|Education|||||1,052,467|1,025,087|
|NET INCOME|||||354,370|285,956|
|RECONCILIATION|||OFFUNDS||||
|Total funds|bmught|forward|||406,548|120,592|
|TOTAL FUNDS CARRIED FORWARD|||||760,918|406,548|
##
||||2023|2022|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|8|8|
|FIXED|ASSETS||||
|Tangible|assets|12|16,030|4370|
|CURRENT ASSETS|||||
|Debtors
Cash at|bank|13|16,084
1,063,135|670,862|
||||1,079419|670,862|
|CREDITORS|||||
|Amounts|falling due within one year|14|(334331)|(268,684)|
|NKT CURRENT ASSETS|||744,888|402,178|
|TOTAL|ASSETSLESSCURRENT||||
|LIABILITIES|||760,918|406,548|
|NET ASSETS|||760,918|406,548|
|FUNDS||15|||
|Unrestricted
funds|||760,918|406,548|
|TOTAL|FUNDS||760,918|406,548|
##
##
||||2023|2022|
|---|---|---|---|---|
|||Notes|||
|Cash flows from operatiug|activities||||
|Cash generated
from operations|||408,085|295,719|
|Net cash provided
by operating
activities|||408,085|295,719|
|Cash flows from iuvestlug|activities||||
|Purchase oftangible fixed assets|||(15,812)||
|Net cash (used in)/provided|by investing|activities|(15,812)||
|Chaage in cash and cash cquivnlents||ln|||
|the reportiag period|||392,273|295,719|
|Cash and cash equivalents|at the||||
|beginning
ofthe reporting|period||670,862|375,143|
|Cash and cash equivalents|at the end|of|||
|the reporting
period|||1,063,135|670,862|
##
||RECONCILIATION|RECONCILIATION|RECONCILIATION|OF NKT INCOME TO NKT CASH FLOW FROM|OF NKT INCOME TO NKT CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||f|f|
||Net income|for the|reporting||period (as per thc Statement ofFinancial|||
||Activities)
Adjustments|for:||||354,370|285,956|
||Depreciation|charges||||4,152|10,895|
||Increase in debtors|||||(16,084)||
||Increase/(decrease)||in|creditors||65,647|(1,132)|
||Net cash provided||by|operations||408,085|295,719|
|2,|ANALYSIS|OF CHANGES|||IN NKT FUNDS|||
||||||At I/4/22|Cash flow|At 31/3/23|
||||||8||f,|
||Net cash|||||||
||Cash at bank||||670,862|392/73|1,063,135|
||||||670,862|392,273|1,063,135|
||Total||||670,862|392,273|1,063,135|
##
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##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||Work experience||income|||1,146||
||Capital grants|||||44,191|26,807|
||Insurance|claims|||||700|
|||||||45,337|27,507|
|5.|CHARITABLE||ACTIVITIES COSTS|||||
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 6)
I|note 7)|TotalsI|
||Education||||1,046,092|6375|1,052,467|
||DIRECT|COSTSOF||CHARITABLE ACTIVITIES||||
|||||||2023I|2022|
||Staffcosts|||||930,572|850,672|
||Premises costs|||||56,337|85,189|
||Other educational||costs|||16,488|24,408|
||Offrce and|admin|costs|||38,543|47,923|
||Depreciation|||||4,152|10,895|
|||||||1,046,092|1,019,087|
|7.|SUPPORT COSTS|||||||
||||||||Governance|
||||||||costs|
||Education||||||6,375|
||Support costs, included|||in the above, are as follows:||||
|||||||2023|2022|
||||||||Total|
|||||||Education|activities|
||Audit/Independent||examination|||6,375|6,000|
##
##
##
##
##
##
|DONATION|S
AND L|EGA|CI|ES|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Donations|||||5461|1,873|
|INCOME FROM CHARITABLK ACTIVITIES|||||||
||||||2023|2022|
|||||Activity|||
|Educational|grants|||Education|1,353,246|1,278,924|
|Class funds||||Education|2,993|2,739|
||||||1,356,239|1,281,663|
|Grants received, included||in the||above, are as follows:|||
||||||2023|2022|
|Education
and Skills Funding|||Agency||386,150|383,897|
|Brighton
and|Hove City|Council|||662,026|713,027|
|East Sussex|||||69,568||
|West Sussex
Brighton k Hove High Needs|||||35,502|32,000
50,000|
|Brighton and|Hove Additional||Funding||200,000|100,000|
||||||1,353/46|1,278,924|
##
##
##
##
##
|COMPAR|ATIVES F|OR THE STATEMENT OF FINANCIAL ACI'|IVITIES|
|---|---|---|---|
||||Unrestricted|
||||fund|
||||8|
|INCOME|AND ENDOWIVKNTS FROM|||
|Donations|and legacies||1,873|
|Charitable|activities|||
|Education|||1,281,663|
|Other income|||27,507|
|Total|||1,311,043|
|EXPENDITURE ON||||
|Charitable|activities|||
|Education|||1,025,087|
|NET INCOME|||285,956|
|RECONCILIATION||OF FUNDS||
|Total funds|brought forward||120,592|
|TOTAL FUNDS CARRIED FORWARD|||406,548|
##
|12.|TANGIBLE|FIXE|DASSETS||||
|---|---|---|---|---|---|---|
|||||Fixtures|||
|||||and|Computer||
|||||fittings|equipment|Totals|
||COST||||||
||At 1 April 2022|||24,913|21,675|46,588|
||Additions|||13,333|2,479|15,812|
||At 31March|2023||38446|24,154|62,400|
||DEPRECIATION||||||
||At 1 April 2022|||24,913|17,305|42,218|
||Charge for year|||768|3,384|4,152|
||At 31March|2023||25,681|20,689|46/70|
||NKT BOOKVALUE||||||
||At 31March|2023||12,565|3,465|16,030|
||At 31March|2022|||4,370|4,370|
|13,|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
||||||2023|2022|
|||||||f.|
||Trade debtors||||11,834||
||Prepayments|and accrued income|||4,250||
||||||16,084||
|14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||2023|2022|
||Trade creditors
Accruals
and deferred
Accrued expenses||income||50,553
33,786
249,992|33,992
234,692|
||||||334,331|268,684|
##
##
##
|||||||||Net||
|---|---|---|---|---|---|---|---|---|---|
|||||||||movement|At|
||||||||At 1/4/22|in funds|31/3/23|
||||||||8|6||
|Unrestricted||funds||||||||
|General fund|||||||406,548|354,370|760,918|
|TOTAL FUNDS|||||||406,548|354370|760,918|
|Net movement||in funds,|included|||in the above|are as follows:|||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
|||||||||8|8|
|Unrestricted||funds||||||||
|General fund|||||||1,406,837|(1,052,467)|354,370|
|TOTAL FUNDS|||||||1,406,837|(1,052,467)|354370|
|Comparatives||for movement|||in|funds||||
|||||||||Net||
|||||||||movement|At|
||||||||At I/4/21|in funds|31/3/22|
|Unrestricted|funds|||||||||
|General fund|||||||120,592|285,956|406,548|
|TOTAL FUNDS|||||||120,592|285,956|406,548|
|Comparative|net movement|||in|funds, included||in the above are as follows:|||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
|||||||||8|f.|
|Unrestricted|funds|||||||||
|General fund|||||||1,311,043|(1,025,087)|285,956|
|TOTAL FUNDS|||||||1,311,043|(1,025,087)|285,956|
##
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##