## **Eastbourne Christian Resources**
**Charity Registration Number 1186057 Charitable Incorporated Organisation**
**Report and Unaudited Financial Statements for the Year Ended 31 January 2023**
## **Eastbourne Christian Resources**
**Report and Unaudited Financial Statements for the Year Ended 31 January 2023**
## **Contents**
||Page|
|---|---|
|Trustees’ Report|1 – 3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to the Financial Statements|6 – 12|
## **Eastbourne Christian Resources**
**Trustees' Report for the Year Ended 31 January 2023**
## **Legal and Administrative information**
## **Legal Status**
Eastbourne Christian Resources is a Charitable Incorporate Organisation, registered with the Charity Commission on 30 October 2019, registered number 1186057
The Charity also uses the name “Eastbourne Christian Resource Centre” within the scope of its activities.
## **Trustees**
Mr R H Clark Mr C A Jackson Mrs S J Medway Mr R E Wilkinson
## **Secretary**
Mrs S J Medway
## **Principal address**
Eastbourne Christian Resource Centre 91-93 Seaside Road, Eastbourne, East Sussex BN21 3PL
## **Senior Management**
Mr R H Clark Retail Manager Mrs S J Medway Retail Manager Mr R E Wilkinson Administration
Page 1
## **Eastbourne Christian Resources**
## **Trustees' Report for the Year Ended 31 January 2023**
The trustees of Eastbourne Christian Resources present their report for the year ended 31 January 2023, together with the unaudited financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's constitution, 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” (FRS102) (second edition).
No independently examination of this report has been carried out. The charity’s constitution, section “24. Accounting records, accounts, annual reports and returns, register maintenance”, provides no specific requirements relating to independent examination of annual reports, which together with the Charity Commission guidance that an independent examination is not required if the CIO’s gross income is less than £25,000 in the financial year, has been adopted by the trustees for this report.
## **Objectives and activities**
The objects of the charity are the furtherance of the Christian Gospel in the United Kingdom or elsewhere for the public benefit and for the promotion of the Lord’s work in any way which the CIO shall deem fit. Its main activity was the establishment of a Christian Resource Centre for the provision of Christian resources, Bibles, commentaries, biographies, music CD and DVD, for the promotion of Christianity and the encouragement of Christian witness in Eastbourne and further afield, for the benefit of the public good.
## **Public benefit**
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake for the public benefit.
## **Achievements and performance**
The reporting period began on 1 February 2022, immediately following the closure of the charity operations of the previous year on 31 January 2022. The trustees had accepted that continuing the charitable activities under an unsustainable format of financial losses was no longer appropriate.
The trustees are grateful to all the staff and volunteer helpers for their dedicated service throughout these difficult times, and particularly adverse conditions.
Following closure of the charitable activity at the end of January 2022, the trustees proceeded with winding up the charity. Having unanimously agreed a dissolution resolution, the trustees ensured that any debts and other liabilities of the CIO were settled or otherwise provided for in full and any remaining assets (including land or property) transferred to other charities prior to dissolution.
The freehold property at 91-93 Seaside Road, Eastbourne, was donated to a local charity as a weekend drop-in venue for homeless and vulnerable people in the town and for other meeting purposes including private appointments; collaborative work with other agencies; support and recovery groups. The charity’s stated objects being, “To advance the Christian faith in accordance with the statement of beliefs in such ways and in such parts of the United Kingdom or the world as the Trustees may from time-to-time think fit.” The remaining surplus cash assets were being donated to other charities with similar objects.
## **Financial review**
The results for the year ended 31 January 2023 are shown in the attached financial statements.
Income from charitable activity at £1,156 was a result of some residual transactions, following the end of trading operations in the previous period. Investment income was £1,495. Income from sale of assets, including surplus furniture and fittings was £765.
Resources expended of £158,118, included the costs, and some refunds, in closing services and contracts, donations of surplus assets and governance costs of winding up, as shown on page 4 and in notes 6 to 13 on pages 8 to 10.
Page 2
## **Eastbourne Christian Resources**
## **Trustees' Report for the Year Ended 31 January 2023**
## **Structure, governance and management**
The charity is a charitable incorporated organisation, incorporated by the Charity Commission on the 30 October 2019, and began operations on 1 February 2020.
The charity constitution provides for a minimum of three trustees, with no maximum. Trustees' meetings were usually held quarterly to consider the operational performance for the previous quarter. In addition, special meetings were held as necessary to consider any other issues that may arise and the trustees are in frequent contact with each other.
## **Post Balance Sheet Events**
## **Winding Up and Dissolution**
At the time of approving the accounts, the trustees declare that the charity was completing a voluntary winding up and dissolution process.
## **By Order of the Board of Trustees**
Eastbourne Christian Resources, CIO, 91-93 Seaside Road, Eastbourne, BN21 3PL
Mr Robert E Wilkinson Trustee dated 21 April 2023
Page 3
## **Eastbourne Christian Resources**
## **Statement of Financial Activities including Income and Expenditure Account for the Year Ended 31 January 2023**
|**Year ended 31 January 2023**
Year ended 31 January 2022
**Unrestricted**
**Total**
Unrestricted
Total
**funds**
**funds**
funds
funds
**Note**
**£**
**£**
£
£
**Income and endowments from:**
Donations and legacies
2
-
-
310
310
Government grants
3
-
-
4,651
4,651
Charitable activities
4
1,156
1,156
39,612
39,612
Investment income
5
1,495
1,495
2,065
2,065
**Total income and endowments**
2,651
2,651
46,638
46,638
**Expenditure on:**
Charitable activities
Costs of Christian Resource Centre
6
3,118
3,118
65,301
65,301
Donations
7
155,000
155,000
-
-
**Total expenditure**
158,118
158,118
65,301
65,301
**Net income/ (expenditure)**
**before investment gains/ (losses)**
(155,467)
(155,467)
(18,663)
(18,663)
**Net gains/ (losses) on investments**
12
(2,472)
(2,472)
4,878
4,878
**Net gains/ (losses) on sale of assets**
13
765
765
270
270
**Net gains/ (losses) on revaluation**
-
-
71,816
71,816
**Net income/(expenditure) for the**
**year/Net movement in funds**
(157,174)
(157,174)
58,301
58,301
Fund balances at 31 January 2022
159,441
159,441
101,140
101,140
**Fund balances at 31 January 2023**
2,267
2,267
159,441
159,441|**Year ended 31 January 2023**
Year ended 31 January 2022
**Unrestricted**
**Total**
Unrestricted
Total
**funds**
**funds**
funds
funds
**Note**
**£**
**£**
£
£
**Income and endowments from:**
Donations and legacies
2
-
-
310
310
Government grants
3
-
-
4,651
4,651
Charitable activities
4
1,156
1,156
39,612
39,612
Investment income
5
1,495
1,495
2,065
2,065
**Total income and endowments**
2,651
2,651
46,638
46,638
**Expenditure on:**
Charitable activities
Costs of Christian Resource Centre
6
3,118
3,118
65,301
65,301
Donations
7
155,000
155,000
-
-
**Total expenditure**
158,118
158,118
65,301
65,301
**Net income/ (expenditure)**
**before investment gains/ (losses)**
(155,467)
(155,467)
(18,663)
(18,663)
**Net gains/ (losses) on investments**
12
(2,472)
(2,472)
4,878
4,878
**Net gains/ (losses) on sale of assets**
13
765
765
270
270
**Net gains/ (losses) on revaluation**
-
-
71,816
71,816
**Net income/(expenditure) for the**
**year/Net movement in funds**
(157,174)
(157,174)
58,301
58,301
Fund balances at 31 January 2022
159,441
159,441
101,140
101,140
**Fund balances at 31 January 2023**
2,267
2,267
159,441
159,441|**Year ended 31 January 2023**
Year ended 31 January 2022
**Unrestricted**
**Total**
Unrestricted
Total
**funds**
**funds**
funds
funds
**Note**
**£**
**£**
£
£
**Income and endowments from:**
Donations and legacies
2
-
-
310
310
Government grants
3
-
-
4,651
4,651
Charitable activities
4
1,156
1,156
39,612
39,612
Investment income
5
1,495
1,495
2,065
2,065
**Total income and endowments**
2,651
2,651
46,638
46,638
**Expenditure on:**
Charitable activities
Costs of Christian Resource Centre
6
3,118
3,118
65,301
65,301
Donations
7
155,000
155,000
-
-
**Total expenditure**
158,118
158,118
65,301
65,301
**Net income/ (expenditure)**
**before investment gains/ (losses)**
(155,467)
(155,467)
(18,663)
(18,663)
**Net gains/ (losses) on investments**
12
(2,472)
(2,472)
4,878
4,878
**Net gains/ (losses) on sale of assets**
13
765
765
270
270
**Net gains/ (losses) on revaluation**
-
-
71,816
71,816
**Net income/(expenditure) for the**
**year/Net movement in funds**
(157,174)
(157,174)
58,301
58,301
Fund balances at 31 January 2022
159,441
159,441
101,140
101,140
**Fund balances at 31 January 2023**
2,267
2,267
159,441
159,441|
|---|---|---|
||2,651
2,651
46,638|46,638|
||3,118
3,118
65,301
155,000
155,000
-|65,301
-|
||158,118
158,118
65,301|65,301|
||(155,467)
(155,467)
(18,663)
(2,472)
(2,472)
4,878
765
765
270
-
-
71,816|(18,663)
4,878
270
71,816|
||(157,174)
(157,174)
58,301
159,441
159,441
101,140|58,301
101,140|
||2,267
2,267
159,441|159,441|
The statement of financial activities includes all gains and losses recognised in the period.
Page 4
## **Eastbourne Christian Resources**
## **Balance Sheet as at 31 January 2023**
|**Notes**
**Fixed assets**
Investment Property
14
Investments
15
**Total fixed assets**
**Current assets**
Debtors
18
Cash at bank and in hand
**Total current assets**
**Creditors: amounts falling due**
**within one year**
19
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Income funds**
Unrestricted funds
20
**Net charity funds**|**At 31 January 2023**
**£**
**£**
-
-
-
-
2,267
2,267
-
2,267
2,267
2,267
2,267
2,267|**At 31 January 2023**
**£**
**£**
-
-
-
-
2,267
2,267
-
2,267
2,267
2,267
2,267
2,267|At 31 January 2022
**£**
**£**
100,000
43,839
143,839
930
17,853
18,783
3,181
15,602
159,441
159,441
159,441
159,441|At 31 January 2022
**£**
**£**
100,000
43,839
143,839
930
17,853
18,783
3,181
15,602
159,441
159,441
159,441
159,441|
|---|---|---|---|---|
|||-
2,267||143,839
15,602|
||2,267
-||18,783
3,181||
||||||
|||2,267||159,441|
|||2,267||159,441|
|||2,267||159,441|
|||2,267||159,441|
The notes on pages 6 to 12 form part of these financial statements.
The accounts were approved by the trustees on 21 April 2023
Mr Robert E Wilkinson Trustee
Page 5
## **Eastbourne Christian Resources**
## **Notes to the Financial Statements for the Year Ended 31 January 2023**
## **1 Accounting policies**
## **1.1 Basis of preparation**
These accounts have been prepared in accordance with the charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice for charities applying the Financial Reporting Standard applicable in the UK and Republic of Ireland” (FRS 102) (second edition). 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 applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The accounts are prepared in sterling, which is the functional currency of the company. Monetary amounts in these accounts are rounded to the nearest £.
The accounts have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the accounts, the trustees no longer adopt the going concern basis of accounting.
## **1.3 Charitable funds**
Unrestricted funds were distributed at the discretion of the trustees in furtherance of their charitable objectives.
## **1.4 Income recognition**
Income is recognised on receipt by the charity or when the charity has entitlement to the income, the amounts can be measured reliably, and it is probable that the income will be received.
Donation income is recognised on receipt by the charity or when notified it may be deferred income. Gifts of donated goods for resale or distribution are recognised as income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value to the charity. A corresponding amount is recognised in expenditure.
Legacy gifts are recognised on a case-by-case basis, depending on being notified of an impending distribution, the amount is known, and the receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
All income is reported gross when raised by the charity, with any fee charged for fundraising reported as a fundraising expense and not offset against fundraising gross income recognised in the accounts. However, in the case of individuals not employed by, or contracted by, the charity who are acting on a purely voluntary basis and outside of the charity’s control, the charity recognises the net amount remitted.
## **1.5 Expenditure recognition**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category. Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Page 6
## **Eastbourne Christian Resources**
## **Notes to the Financial Statements (continued) for the Year Ended 31 January 2023**
## **1 Accounting policies (Continued)**
Support costs are those incurred directly in support of expenditure on the objects of the Charity. Administration and governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.
## **1.6 Tangible fixed assets and depreciation**
Tangible fixed assets other than freehold land are stated at cost less depreciation.
There were no tangible fixed assets in the period.
## **1.7 Fixed asset investments**
The freehold building was classified as investment property as it was no longer an operational asset.
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 net income/(expenditure) for the year.
Disposal of the freehold building was shown in the financial activities as a donation.
Disposal of the investments was shown in the financial activities as a donation.
|**2**|**Donations and legacies**|**Year ended 31**|**January 2023**|**January 2023**||Year ended 31|January|
|---|---|---|---|---|---|---|---|
|||||||2022||
|||**Unrestricted**||**Total**||Unrestricted|Total|
|||**funds**||**2023**||funds|2022|
|||**£**||**£**||£|£|
||Donations and gifts||-||-|310|310|
||||-||-|310|310|
|**3**
**Government grants**
Support grants
Job Retention Scheme|**Year ended 31 January 2023**
Year ended 31 January
2022
**Unrestricted**
**Total**
Unrestricted
Total
**funds**
**2023**
funds
2022
**£**
**£**
£
£
-
-
2,096
2,096
-
-
2,555
2,555|
|---|---|
||-
-
4,651
4,651|
Page 7
## **Eastbourne Christian Resources**
## **Notes to the Financial Statements (continued) for the Year Ended 31 January 2023**
## **4 Income from charitable activities**
||||||||||
|---|---|---|---|---|---|---|---|---|
|**4**|**Income from charitable activities**|**Year ended 31 January 2023**||Year ended|31|January|||
|||||2022|||||
|||**Unrestricted**|**Total**
Unrestricted||||Total||
|||**funds**|**2023**|funds|||2022||
|||**£**|**£**|£|||£||
||Sale of goods|1,156|1,156|39,612|||39,612||
|||1,156|1,156|39,612|||39,612||
|**5**|**Investment income**|**Year ended 31 January 2023**||Year ended|31|January|||
|||||2022|||||
|||**Unrestricted**|**Total**
Unrestricted||||Total||
|||**funds**|**2023**|funds|||2022||
|||**£**|**£**|£|||£||
||Investment dividend income|1,495|1,495|2,065|||2,065||
|||1,495|1,495|2,065|||2,065||
|**6**|**Charitable activities**|**Year ended 31 January 2023**||Year ended|||31 January||
||||||2022||||
|||**Unrestricted**|**Total**|Unrestricted|||Total||
|||**funds**|**2023**|funds|||2022||
||**Costs of Christian Resource**|**£**|**£**|£|||£||
||**Centre**||||||||
||Cost of goods sold|10|
10|
34,944|||
34,944||
||Share of support costs (note8)|2,622|
2,622|
29,607|||
29,607||
||Share of governance costs (note9)|486|
486||750|||750|
|||3,118|3,118|65,301|||
65,301||
|**7**|**Donations**|**Year ended 31 January 2023**||Year ended|||31 January||
||||||2022||||
|||**Unrestricted**|**Total**|Unrestricted|||Total||
|||**funds**|**2023**|funds|||2022||
||**Donation of surplus assets**|**£**|**£**|£|||£||
||Investment property|100,000|
100,000|||-||-|
||Local charities|45,000|
45,000|||-||-|
||National/International charities|10,000|
10,000|||-||-|
|||155,000|155,000|||-||-|
|**7**|**Donation details**|**Year ended 31 January 2023**||Year ended|||31 January||
||||||2022||||
|||**Unrestricted**|**Total**|Unrestricted|||Total||
|||**funds**|**2023**|funds|||2022||
||**Donation of surplus assets**|**£**|**£**|£|||£||
||Kingdom Way Trust|100,000|
100,000|||-||-|
||Eastbourne Street Pastors|9,000|
9,000|||-||-|
||The Matthew 25 Mission|9,000|
9,000|||-||-|
||Speak Life|9,000|
9,000|||-||-|
||Beachy Head Chaplaincy|9,000|
9,000|||-||-|
||Linking Lives Eastbourne|9,000|
9,000|||-||-|
||Torch Trust for the Blind|5,000|
5,000|||-||-|
||Book Aid Charitable Trust|5,000|
5,000|||-||-|
|||155,000|155,000|||-||-|
Page 8
## **Eastbourne Christian Resources**
## **Notes to the Financial Statements (continued) for the Year Ended 31 January 2023**
|**8**
**Support costs**
Staff costs
Depreciation charges
Postages and carriage
Credit card charges
Computer costs
Printing and stationery
Telephone costs
Staff and volunteer costs
Miscellaneous expenses
Light and heat
Repairs and maintenance
Rates and water
Insurance
Management fees
Total
**9**
**Governance costs**
Accountancy
Legal Fees|**Year ended 31 January 2023**
**Unrestricted**
**Total**
Basis of
**costs**
**2023**
allocation
**£**
**£**
-
-
-
-
-
-
768
768
355
355
-
-
866
866
890
890
-
-
(286)
(286)
-
-
(123)
(123)
152
152
-
-
2,622
2,622
**Year ended 31 January 2023**
**Unrestricted**
**Total**
Basis of
**costs**
**2023**
allocation
**£**
**£**
150
150
Governance
336
336
Governance
486
486|Year ended 31 January 2022
Unrestricted
Total
Basis of
costs
2022
allocation
£
£
17,701
17,701
Staff time
1,321
1,321
1,058
1,058
709
709
1,068
1,068
67
67
560
560
35
35
377
377
1,383
1,383
438
438
1,013
1,013
1,227
1,227
2,650
2,650
29,607
29,607
Year ended 31 January 2022
Unrestricted
Total
Basis of
costs
2022
allocation
£
£
750
750
Governance
-
-
750
750|
|---|---|---|
The support costs and governance costs are apportioned to the activity of the Eastbourne Christian Resource Centre
Page 9
## **Eastbourne Christian Resources**
## **Notes to the Financial Statements (continued) for the Year Ended 31 January 2023**
## **10 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **11 Employees**
The average monthly number of employees during the year was:
||||||**2023**|2022|2022|
|---|---|---|---|---|---|---|---|
||||||**Number**|Number||
|Sales and administration|||||-||2|
|**Employment costs**|**Year ended 31**|**January 2023**|||Year ended|31|January|
||||||2022|||
||**Unrestricted**||**Total**||Unrestricted||Total|
||**funds**||**2023**||funds||2022|
||**£**||**£**||£||£|
|Wages and salaries||-||-|
17,327||17,327|
|Pension costs||-||-|374||374|
|||-||-|
17,701||17,701|
Employer’s National Insurance costs during the period were offset by the government Employment Allowance. There were no employees whose annual remuneration was £60,000 or more.
|**12**|**Gains/ (losses) on investments**|**Year ended 31 January 2023**|**Year ended 31 January 2023**|Year ended 31|January|
|---|---|---|---|---|---|
|||||2022||
|||**Unrestricted**|**Total**|Unrestricted|Total|
|||**funds**|**2023**|funds|2022|
|||**£**|**£**|£|£|
||Fixed asset investment revaluation|||||
||to quoted market value|(2,472)|(2,472)|4,878|4,878|
|**13**|**Other incoming resources**|**Year ended**|**31 January 2023**|**31 January 2023**|Year ended 31|January|
|---|---|---|---|---|---|---|
||||||2022||
|||**Unrestricted**||**Total**|Unrestricted|Total|
|||**funds**||**2023**|funds|2022|
|||**£**||**£**|£|£|
||Income from disposal of fixed assets||765|765|270|270|
Page 10
## **Eastbourne Christian Resources**
**Notes to the Financial Statements (continued) for the Year Ended 31 January 2023**
## **14**
## **15**
|**Tangible fixed assets**
**Cost**
At 1 February 2022
Additions
Disposals
At 31 January 2023
**Depreciation and impairment**
At 1 February 2022
Depreciation charge for the year
Disposals
At 31 January 2023
**Asset reclassification**
Transfer to investment property
**Carrying amount**
**At 31 January 2023**
At 31 January 2022
**Fixed asset investment property**
**Cost or valuation**
At 31 January 2022
Additions
Reductions
Revaluations
**At 31 January 2023**
**Carrying value**
**At 31 January 2023**
At 31 January 2022|**Year ended 31 January 2023**
**Land and**
**buildings**
**Equipment**
**Furniture**
**and fittings**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-|**Total**
**2023**
Total
2022
**£**
**£**
-
69,719
-
-
-
(19,253)
-
50,466
-
40,214
-
1,321
-
(19,253)
-
22,282
-
(28,184)
-
-
-
29,505
**2023**
2022
**£**
**£**
100.000
28,184
-
-
(100,000)
-
71,816|
|---|---|---|
||-
-
-||
||-
-
-
-
-
-
-
-
-||
||-
-
-||
||||
||-
-
-||
||||
||-
-
-||
||-
-
-||
||||
|||-
100,000|
|||-
100,000|
|||100,000
-|
During the period, the freehold building investment property was donated.
|**16**
**Fixed asset investments**
**Cost or valuation**
At 1 February 2022
Additions
Reductions
Revaluations
**At 31 January 2023**
**Carrying value**
**At 31 January 2023**
At 31 January 2022|**Listed**
**investments**
**Total**
**£**
**£**
43,839
38,961
-
-
(41,367)
-
(2,472)
4,878|
|---|---|
||-
43,839|
||-
43,839|
||43,839
38,961|
The fair value of listed investments is determined by reference to the quoted price of identical assets in an active market at the balance sheet date. During the period the investment money was donated.
Page 11
## **Eastbourne Christian Resources**
## **Notes to the Financial Statements (continued) for the Year Ended 31 January 2023**
## **17**
## **18**
## **19**
## **20**
|**Financial instruments**
**31 January**
**2023**
31 January
2022
**£**
**£**
Financial assets:
Resources available to the charity
Debtors and cash at bank and in hand
2,267
18,783
Financial liabilities
Claims on the charity’s resources
Trade, other creditors and accruals
-
3,181
**Debtors**
**31 January**
**2023**
31 January
2022
**£**
**£**
Prepayments and accrued income
-
930
-
930
**Creditors: amounts falling due within one year**
**31 January**
**2023**
31 January
2022
**£**
**£**
Trade creditors
-
830
Other creditors
-
1,268
Accruals
-
1,083
-
3,181
**Analysis of net assets between funds**
**Year ended 31 January 2023**
Year ended 31 January 2022
**Unrestricted**
**Total**
Unrestricted
Total
**funds**
**funds**
funds
funds
**£**
**£**
£
£
Fund balances at 31 January 2023
are represented by:
Tangible fixed assets and investments
-
-
143,839
143,839
Current assets/ (liabilities)
2,267
2,267
15,602
15,602
**Net fund balances**
2,267
2,267
159,441
159,441|**Financial instruments**
**31 January**
**2023**
31 January
2022
**£**
**£**
Financial assets:
Resources available to the charity
Debtors and cash at bank and in hand
2,267
18,783
Financial liabilities
Claims on the charity’s resources
Trade, other creditors and accruals
-
3,181
**Debtors**
**31 January**
**2023**
31 January
2022
**£**
**£**
Prepayments and accrued income
-
930
-
930
**Creditors: amounts falling due within one year**
**31 January**
**2023**
31 January
2022
**£**
**£**
Trade creditors
-
830
Other creditors
-
1,268
Accruals
-
1,083
-
3,181
**Analysis of net assets between funds**
**Year ended 31 January 2023**
Year ended 31 January 2022
**Unrestricted**
**Total**
Unrestricted
Total
**funds**
**funds**
funds
funds
**£**
**£**
£
£
Fund balances at 31 January 2023
are represented by:
Tangible fixed assets and investments
-
-
143,839
143,839
Current assets/ (liabilities)
2,267
2,267
15,602
15,602
**Net fund balances**
2,267
2,267
159,441
159,441|**31 January**
**2023**
31 January
2022
**£**
**£**
2,267
18,783|
|---|---|---|
|||-
3,181|
|||-
930|
|||**31 January**
**2023**
31 January
2022
**£**
**£**
-
830
-
1,268
-
1,083|
|||-
3,181|
|||Year ended 31 January 2022
Unrestricted
Total
funds
funds
£
£
143,839
143,839
15,602
15,602
159,441
159,441|
||2,267
2,267||
Page 12