| Unrestricted | ||||
|---|---|---|---|---|
| funds | Total funds | |||
| 2022 | 2022 | |||
| Income and | endowments | Notes | 6 | 6 |
| horns | ||||
| Donations Charitable |
and legacies activities |
86,900 | 86,900 | |
| Other | 325,550 | 325,550 | ||
| 6,683 | 6,683 | |||
| Total | ||||
| 419,133 | 419,133 | |||
| Expenditure | on: | |||
| Raising funds Charitable activities |
91,565 | 91,565 | ||
| Other | 150,776 | 150,776 | ||
| Total | 49,661 | 49,661 | ||
| Net gains on | investments | 292,002 | 292,002 | |
| Net income | ||||
| Transfers between funds |
127,131 | 127,131 | ||
| Net income before other | ||||
| gales/Oosses) | 127,131 | 127,131 | ||
| Other gains and losses | ||||
| Net movement | in funds | 127,131 | 127,13 | |
| Reconciliation | offunds: | |||
| Total funds brought forward | 41,262 | 41,262 | ||
| Total funds carried forward | 168,393 | 168393 |
| 2022 | |
|---|---|
| E | |
| income | 419,133 |
| Gross income for the year | 419,133 |
| Expenditure | 292,002 |
| Total expenditure forthe year |
292,002 |
| Met income before taxforthe year | 127,131 |
| Net income forthe year | 127,131 |
| Change in basis of | accounting orto previous accounts | accounting orto previous accounts | ||
|---|---|---|---|---|
| There has been no | change to the accounting policies (valuation rules and method ofaccounting) |
since | ||
| last year and no changes have been made to accounts for previous years. | ||||
| Fund accounting | ||||
| Unrestricted funds |
These are available for use atthe discretion ofthe trustees in furtherance |
ofthe | ||
| general ob)ects ofthe charity. | ||||
| Designated funds |
These are unrestricted funds earmarked by the trustees for particular purposes. |
|||
| Revaluation funds |
These are unrestricted funds which include a revaluation reserve representing |
the | ||
| restatement ofinvestment assets at their market values. |
||||
| Restdicted funds | These are available for use subject to restrictions imposed bythe donor |
or | through | |
| terms ofan appeal. | ||||
| Income | ||||
| Recognition of | Income is included in the Statement ofFinancial Activities (SoFA)when |
the | charity | |
| income | becomes entitled to, and virtually certain to receive, the income and the amount of | |||
| the income can be measured with sufficient reliability. |
||||
| Income with related | Where income has related expenditure the income and related expenditure |
is | ||
| expenditure | reported gross in the SoFA. | |||
| Donations and | Voluntary income received by way ofgrants, donations and gifts is included |
in | the | |
| legacies | the SoFAwhen receivable and only when the Charity has unconditional |
|||
| entitlement tothe income. |
||||
| Tax reclaims on | Income from tax reclaims is included in the SoFAatthe same tiine asthe |
|||
| donations and gifts |
gifi/donation to which itrelates. |
|||
| Donated services | These are only indu dad in income (with an equivalent amount in expenditure) |
|||
| and facilities | where the benefit tothe Charity is reasonably quantifiable, measurable |
and | ||
| material. | ||||
| Volunteer help |
The value ofany volunteer help received is not included In the accounts. |
|||
| Investment Income |
This is included in the accounts when receivable. |
|||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | ||
| revaluation offixed |
atthe end ofthe year. | |||
| assets | ||||
| Gains/(losses) on |
This includes any gain or loss on the sale ofinvestments. | |||
| investment assets |
| dsky Foundation tes tothe Accounts |
|
|---|---|
| Expenditure | |
| Recognition of expenditure |
Expenditure is recognised on an accruals basis. Expenditure Includes any VAT which cannot be fully recovered, and is reported as part ofthe expenditure to which it relates. |
| Expenditure on raising fiunds Expenditure on charitable activities |
These comprise the costs associated with attracting voluntary income, fundra ising trading costs and investment management costs. These comprise the costs incuired by the Charity in the delivery ofits activities and services inthe furtherance ofits objects, including the making ofgrants and |
| governance costs. | |
| Grants payable | All grant expenditure isaccounted for on an actual paid basis plus an accrual for grants that have been approved bythe trustees atthe end ofthe year but not yet paid. |
| Governance costs | These include those costs associated with meeting the constitutional and statutory requirements ofthe Charity, including any audit/independent examination fees, costs linked to thestrategic management ofthe Charity, together with ashare of other administration costs. |
| Other expenditure | These are support costs not allocated to a particular activity. |
| Unrestricted | Tatal |
|---|---|
| 2022 | |
| 8 | 8 |
| 44,504 | 44,504 |
| 42,396 | 42,396 |
| 86,900 | 86,900 |
| 4 | Income from charitable activities |
|---|---|
| 5 | Otberincome |
| Unrestricted | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | ||||||||
| 6 | ||||||||
| 325,550 | 325,550 | |||||||
| 5 | Otberincome | 325,550 | 325,550 | |||||
| Unrestrkted | Total | |||||||
| 2022 | ||||||||
| 8 | ||||||||
| 6,683 | 6,683 | |||||||
| 6,683 | 6,683 | |||||||
| 6 | Expenditure | on raising funds | ||||||
| Unrestricted | Total | |||||||
| 2022 | ||||||||
| Cents ofgenerating | voluntary | |||||||
| income | ||||||||
| 91,565 | 91,565 | |||||||
| 7 | Expenditure | on charitable | activities | 91,565 | 91,565 | |||
| Unrestricted | Total | |||||||
| 2022 | ||||||||
| Evpenditure | on charitobie | |||||||
| activities | ||||||||
| Grants made | 69,903 | 69,903 | ||||||
| Governance | costs | 80,873 | 80AI73 | |||||
| 150,776 | 150,776 |
| Other expenditure | |||
|---|---|---|---|
| Unrestricted | Total | ||
| 2022 | |||
| Employee costs | 45,722 | 45,722 | |
| Motor and travel costs | 224 | 224 | |
| General administrative | costs | 1,352 | 1,352 |
| legal and professional | costs | 2,363 | 2,363 |
| 49,661 | 49,661 |
| 2022 | |||||
|---|---|---|---|---|---|
| Number | Number | ||||
| Number oftrustees | paid expenses | 7 | 7 | ||
| 1.0 | Staffcosts | ||||
| 2022 | |||||
| Salaries and wages | 41,250 | ||||
| Socialsecurity costs | 472 | ||||
| Pension costs | 4,000 | ||||
| 45722 | |||||
| No employee received emoluments | in excess off60,000. | ||||
| 11 | Debtors | ||||
| 2022 | |||||
| f | |||||
| Trade debtors | 18,910 | ||||
| 18,910 | |||||
| 12 | Creditors: | ||||
| amounts falling due |
within one year | ||||
| 2022 | |||||
| 6 | |||||
| Trade creditors | 3,435 | ||||
| Other taxes and social secudty | 4,960 | ||||
| Other creditors | 3,138 | ||||
| Accruals | 1 | ||||
| 11,534 |
| Incoming | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| resources | |||||||||
| (Including | Resources | At | 31 | ||||||
| At 1April | other gains/fosses |
expended | |||||||
| 2021 | ) | ||||||||
| Restricted funds: | 6 | ||||||||
| Unrestricted funds: |
|||||||||
| General funds | 41,262 | 419,133 | (292,002) | 168.393 | |||||
| Total funds 14 Analysis ofnet assets between |
funds | 41,262 | 419,133 | (292,002) | 168,393 | ||||
| Unrestricted | |||||||||
| funds | Total | ||||||||
| Net current assets | 6 | ||||||||
| 166,393 | 166,393 | ||||||||
| 15 Reconciliation ofnet | debt | 168,393 | 168,393 | ||||||
| At 31 | |||||||||
| March | |||||||||
| Cash flows | 2022 | ||||||||
| Cash and | cash equivalents | 6 | |||||||
| 161,017 | 161,017 | ||||||||
| 161,017 | 63017 | ||||||||
| Net debt | |||||||||
| 16 Commitments | 161,017 | 161,017 | |||||||
| Oparorlng | lease commitments | ||||||||
| Annual commitments |
under non-cancellable | operating leases are | asfollows: | ||||||
| 2022 | 2022 | ||||||||
| land and | |||||||||
| buildings | |||||||||
| Operating | leases with expiry date: | 6 | |||||||
| Pension commitments | |||||||||
| 2022 | |||||||||
| The pension cost charge | to the company | ||||||||
| amounted | to: |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Total funds | ||||
| 2022 | 20?2 | ||||
| f | E | ||||
| Income and endowments | from: | ||||
| Donations and legacies |
|||||
| 44,504 | 44404 | ||||
| 42,396 | 42,396 | ||||
| Charitable activities |
86,900 | 86,900 | |||
| 325,550 | 325,550 | ||||
| Other | 325,550 | 325,550 | |||
| 6,683 | 6,683 | ||||
| Total income and endowments | 6,683 | 6,683 | |||
| Expenditure on: | 419,133 | 419,133 | |||
| Costs ofgenerating | donations | and | |||
| legacies | |||||
| 91,565 | 91,565 | ||||
| Total ofexpenditure | on raising | 91,565 | 91,565 | ||
| funds | 91,56S | 91465 | |||
| Chadtable activgies |
|||||
| 6rants made | 69,903 | 69,903 | |||
| 80,873 | 80,873 | ||||
| Total ofexpenditure | on charitable | 150,776 | 150.776 | ||
| activities | 150,776 | 150,776 | |||
| Employee costs | |||||
| Directors' remuneration | |||||
| Employer's ISIC |
41,250 | 41,250 | |||
| Pension costs | 472 | 472 | |||
| 4,000 | 4,000 | ||||
| Motor and travel costs | 45,722 | 45,722 | |||
| Travel and subsistence | |||||
| 224 | 224 | ||||
| General administrative | costs, | 224 | 224 | ||
| including depmciation | and | ||||
| amortisation | |||||
| Bank charges | |||||
| Postage and couriers | 471 | 471 | |||
| 74 | 74 |
| Redsky Foundation Detailed Statement ofFinancial Activities |
||
|---|---|---|
| Software, ITsupport and related COStS |
102 | 102 |
| Stationery and pdniing | 131 | 131 |
| Subscriptions | 574 | 574 |
| 1,352 | 1,352 | |
| Legal and professional costs | ||
| Consultancy fees |
2,363 | 2,363 |
| 2,363 | 2,363 | |
| Total ofexpenditure ofother costs | 49,661 | 49,661 |
| Total expenditure | 292,002 | 292,002 |
| Net gains on investments | ||
| Net income | 127,131 | 127,131 |
| Net income before other | ||
| gains/(losses) | 127,131 | 127,131 |
| Other Gains | ||
| Net movement lnfunds |
127,131 | 127,131 |
| Recondliation offunds: |
||
| Total funds brought forward | 41,262 | 41,262 |
| Total funds carried forward | 168,393 | 168,393 |