## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||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|