Company Registration Number - 12559130
The Charity Registration Number is :- 1189403
Project Wingman Foundation Ltd
Report and Accounts
30 April 2022
Project Wingman Foundation Ltd
Report and accounts for the year ended 30 April 2022
Contents
| Page | ||
|---|---|---|
| Trustees' Annual Report | 1 | |
| Statement of trustees' responsibilities | 8 | |
| Independent Auditors' Report | 10 | |
| Funds Statements:- | ||
| Statement of Financial Activities | 13 | |
| Statement of Financial Activities - Prior Year statement | 14 | |
| Movements in funds | 15 | |
| Revenue Funds | 15 | |
| Income and Expenditure account | 16 | |
| Summary of funds | 16 | |
| Balance sheet | 17 | |
| Notes to the accounts | 18 |
Project Wingman Foundation Ltd
Company Registration Number - 12559130
Trustees' Annual Report for the year ended 30 April 2022
The Trustees present their Report and Accounts for the year ended 30 April 2022, which also comprises the Directors' Report required by the Companies Act 2006.
Reference and administrative details
The charity name.
The legal name of the charity is:- Project Wingman Foundation Ltd.
The charity's areas operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1189403.
Project Wingman Foundation was formed as a charitable company with Companies House on the 16th April 2020 and achieved formal registration with the Charity Commission on the 7th May 2020.
The charity does not operate in any overseas jurisdictions.
Legal structure of the charity
The charity is constituted as a company limited by guarantee, registered under the Companies Act. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals.
The principal operating address, telephone number, email and web addresses of the charity
118 Pall Mall London, United Kingdom SW1Y 5EA
Email Address info@projectwingman.co.uk Web address https://www.projectwingman.co.uk/
The registered office of the charity for Companies Act purposes is the same as the operating address shown above.
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Project Wingman Foundation Ltd
Company Registration Number - 12559130
Trustees' Annual Report for the year ended 30 April 2022
The Trustees in office on the date the report was approved were:-
| Appointed | Resigned | |
|---|---|---|
| Zoe Ann Ebrey | 31/07/2020 | |
| Mark Nicholas Flippence | 09/07/2020 | |
| Antony Goodman | 16/04/2020 | |
| Richard Adam Griffin | 13/08/2020 | |
| Capt Emma Henderson | 20/04/2020 | |
| Andrew Graham Johnston | 10/08/2021 | |
| Esther Louise Lisowski | 09/07/2020 | |
| The following persons served as Trustees during the year ended 30 April 2022 :- | ||
| Richard Leslie Bull | 20/04/2020 | 31/07/2021 |
| Stuart Christopher Freeman | 09/07/2020 | 17/02/2022 |
| Lynsey Helen Butcher | 09/07/2020 | 13/09/2022 |
| Prof Robert Joseph Bor | 20/04/2020 | 30/06/2022 |
| Claire Haigh | 01/08/2021 | 08/11/2022 |
| Geoffrey John Thorburn | 31/07/2020 | 16/07/2021 |
The trustees who served as a trustee in the reporting period were as shown above.
All the trustees are also members of the charity.
The purposes of the charity as set out in its governing document.
Project Wingman Foundation Ltd's aim is to relieve the needs of people, particularly but not exclusively those suffering from mental health difficulties due to workplace stress, working in hospitals and other care establishments by the provision of facilities for respite, welfare and emotional support in the interests of social welfare with the object of enhancing their quality of life.
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Trustees' Annual Report for the year ended 30 April 2022
Project Wingman Foundation Ltd
Company Registration Number - 12559130
The main activities undertaken in relation to those purposes during the year.
Project Wingman Foundation was founded in direct response to the massively increased pressure on frontline health and care workers caused by the Covid 19 pandemic. Volunteers from across the Airline industry set up dedicated lounges in NHS hospitals to look after NHS staff during their breaks providing vital well-being and mental health support.
The initial response was to create well-being lounges in hospitals across the UK with 6500 volunteers signing up representing all corners of aviation. As the pandemic changed, we changed with it, and by the end of our first year, we had purchased, converted and launched our first mobile well-being lounge - a double decker bus we named "Wellbee".
This was joined in July 2021 with its sister bus, "Wingbee" and the two vehicles have operated largely on a fortnightly basis, being booked as a well-being space, with uniformed crew, by NHS Trusts who saw the need and understood that they could support their staff with this provision. "Wingbee" was launched at East Grinstead in July 2021 and both buses operated throughout the summer of 2021. This presented challenges in terms of crewing which and despite trying a number of different approaches, these challenges remain.
The charity is determined to continue while the need is there however and we will therefore continue to seek new opportunities to grow and maintain our volunteer base recognising that without our volunteers and crew members, we do not have a means of operating.
After the summer of 2021, it was agreed that the buses would not operate during the busy summer months with crew returning to work and would instead operate a 10 monthly offering.
Awards
Once again this year we have been fortunate to receive a number of awards and recognition from both the NHS and the wider industry.
Our CEO was awarded the Brabazon Cup by the British Women's Pilots Association for her contribution to the charity.
The charity was awarded a Framed Address by the Air League which was presented to the CEO at
the Palace of Westminster by Transport Minister Robert Courtts
Our CEO was nominated for a Kindness award on the Lorraine Show as part of the Women of the Year lunch (this gained us some very welcome publicity on ITV).
We were also awarded a significant number of MHFA training courses by Health Education England worth iro £100,000 - this has provided more than 500 places on courses for our volunteers to date.
In addition to the many grants we have received, we benefitted from a US$20,000 grant from Boeing UK to go towards the refurbishing of one of our buses.
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Project Wingman Foundation Ltd
Company Registration Number - 12559130
Trustees' Annual Report for the year ended 30 April 2022
The main activities undertaken during the year to further the charity's purpose for the public benefit.
Whilst our main focus in the beginning was to provide well-being support in main hospital sites, we have had to adapt and change our operation in order to continue to provide the service we have become well known for within the NHS and also the Aviation industry. Our two buses have allowed us to be more adaptable and rely less on a full time service provision from our volunteers and we intend to continue to pursue our mobile lounge development in order to remain agile and resilient as a charity.
Whilst the on-site lounges continued to operate for as long as possible throughout 2021, at the end of March 2022, we had a small number of lounges remaining open and our focus moved more to the buses.
This was due to two main factors. Crew returning to work or finding other employment (often within the NHS) no longer had as much time to give to keeping a hospital lounge open 5 days a week (and often at weekends) and hospitals needed the spaces back that they had given over to our wellbeing lounges. These two reasons were exactly WHY we needed to adapt our model and offering.
As we move forward we anticipate continuing with our current model whilst also seeking a number of "allies" within the business world who can help us to approach businesses for small donations.
We have once again received pro bono strategy support from Q5 in this year which has helped us to put more bones to our "bowl of jelly" structure.
Lounge Activity
A small number of lounges remain open and we will continue to support them for as long as possible. A lounge will always remain open whilst there are Winglets available to support it, and space within a hospital to accommodate it.
Three Peaks
Our second annual Yorkshire 3 Peaks challenge was held once again in September and it is anticipated that this will continue to be an annual event. In 2021 we were able to take Wellbee to the campsite and park it in the car park which proved to be very popular with both Wingman and the general public.
Social Media and Website
We continue to have a strong social media presence although it is increasingly difficult for the team who run this to find new content. We will continue to work on this and a social media plan is being implemented.
We have a strong following on Twitter, Facebook, LinkedIn and Instagram as well as a YouTube account which is not used a lot, and we also have a closed group of Wingman volunteers on Facebook, along with our many, many WhatsApp groups.
Our website is to be redesigned and a tender process has been undertaken for that work - assuming we are able to provide the required information we had hoped for the new website to be live by Autumn 2022 however this is now likely to be delivered in Spring 2023.
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Project Wingman Foundation Ltd
Company Registration Number - 12559130
Trustees' Annual Report for the year ended 30 April 2022
The contribution of volunteers during the year.
Our initial call to action generated a huge amount of interest and gave us a database of approximately 6500 Winglets across the UK.
We know that the number of winglets who remain actively engaged in the charity has fallen and we continue to work on a number of ways in which we can improve engagement.
The first of these is to reduce the requirement for winglets to crew the buses in the busy summer months and this will be trailled in the summer of 2022.
The second of these is to recruit a number of paid positions to manage the crewing team, provide operations support and to manage a recruitment drive. There will also be other roles that will be required to be filled.
Winglets continue to crew buses, in their airline uniform where possible, but where this is not possible a "Wingman Uniform" has been created to bring a sense of belonging and equity across all Winglets.
Structure, governance and management of the charity
The methods used to recruit and appoint new charity trustees.
Vacancies so arising may be filled by the decision of the members at the annual general meeting; any vacancies not filled at the annual general meeting may be filled as below:
The members or the charity trustees may at any time decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed, or as an additional charity trustee, provided that the limit on the number of charity trustees would not as a result be exceeded;
Bankers
Virgin Money - 48-50 Market Street, Manchester, M11PW
Financial review
The charity's financial position at the end of the year ended 30 April 2022
The financial position of the charity at 30 April 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
| Total Funds Net income Unrestricted Revenue Funds available for the general purposes of the charity |
2022 £ 145,762 195,534 195,534 |
2,021 49,772 |
|---|---|---|
| 49,772 | ||
| 49,772 |
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Company Registration Number - 12559130
Project Wingman Foundation Ltd
Trustees' Annual Report for the year ended 30 April 2022
Financial review of the position at the reporting date, 30 April 2022 .
The trustees consider the financial performance by the charity during the year to have been satisfactory.
Income from unrestricted funds totalled £251,171, the major part being donations of £145,908 and the sale of goods of £103,528 . Total unrestricted expenditure amounted to £105,409, the major parts being bus maintenance and repairs of £21,158, travel and subsistence costs of £26,820,cost of fundraising of £17,068 and fundraising & marketing of £11,492. Therefore the result for the period was a surplus of £145,762.
We are funded in two ways - firstly from funding we receive directly from NHS Trusts who pay for the buses to visit their sites. This funding covers our operating costs only as we are a Not For Profit (NFP) organisation.
Our second source of funding is through the activities of a professional fundraising company - Complete Fundraising - who approach charitable trusts and apply for grants on our behalf.
Where did our income come from?
Donations and Appeals: in addition to using the services of a professional fundraising company, we also carry out sponsored activities and raise money by public appeals Charitable Activities: We request a contribution towards our costs from the organisations we provide charitable activities for
Other trading activities: We produced a sponsored magazine and sold a variety of branded goods to supporters through our online shop
How did we spend it?
Fundraising: We keep our fundraising costs as low as possible by utilising a payment by results method
Charitable Activities: This year over 76% of our expenditure was on charitable activities
How do we decide to spend unrestricted funds?
Our charitable activities are seen as highly valuable to those organisations we work with and we have sought to expand our capacity to deliver these activities. This has included expenditure on buying and converting buses and the running cost of keeping them available. We carefully monitor our expenditure to ensure we retain our capacity to respond to those running costs as needed.
VAT
It was initially thought that the charity’s main welfare activities would fall outside the scope of VAT however the charity has recently consulted a VAT specialist to consider if it needed to register for VAT in relation to the type of donations it has received. The advice given is that because it asks for specific amounts of minimum donation that it falls within the definition of vatable income. It is expected that in the first VAT return which includes the present accounting period that there will be a repayment of VAT but the amount has not been clarified in time for the submission of these accounts.
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Project Wingman Foundation Ltd
Company Registration Number - 12559130
Trustees' Annual Report for the year ended 30 April 2022
Policies on reserves.
The trustees have the power to deposit or invest funds, employ a professional fund-manager, and arrange for the investments or other property of the charity to be held in the name of a nominee, in the same manner and subject to the same conditions as the trustees of a trust are permitted to do by the Trustee Act 2000;
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
Plans For the Future
We currently operate two converted double decker buses - Wingbee and Wellbee, and we own two other buses. One of these has been converted to be a Driver Training Vehicle with the intention of growing our own in-house drivers, and the other is awaiting conversion to become a "back-up" vehicle for the other two.
Our current model of providing these vehicles to trusts for a two week period is being developed and we have secured a booking with a trust in the South East of England for a longer "dry stay" style of booking which we are operating as a pilot scheme. It is anticipated that this model may be the way to progress with one vehicle going forward whilst the other continues to operate the two weekly bookings with crew. We have also developed a "Wingman on Tour" model which will be trialled in Scotland in April 2022.
The ultimate aim will be to operate 6 vehicles across the country on a regional basis, with two in reserve to cover breakdowns and to operate as PR vehicles at Air shows, Festivals, Airports etc.
We continue to adapt as we continue to grow and whilst this makes us agile, we do appreciate that it also makes us feel unstructured at times and we continue to work on this to bring the required structure to the organisation.
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Project Wingman Foundation Ltd
Company Registration Number - 12559130
Trustees' Annual Report for the year ended 30 April 2022
Details of The Auditor
Eric Langer BSc FCA
Chartered Accountant & Statutory Auditor
8-10 Gatley Road Cheadle Cheshire SK8 1PY
Statement of Trustees' Responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP),
.
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
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to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate
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to presume that the charity will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material
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departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. 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.
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Project Wingman Foundation Ltd
Company Registration Number - 12559130
Trustees' Annual Report for the year ended 30 April 2022
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the auditor in relation to the Trustees' report is limited to examining the report and ensuring that , the report is consistent with the figures disclosed in the financial statements.
This report was approved by the board of trustees on
ANTONY GOODMAN Director and Trustee
9
Project Wingman Foundation Ltd
Independent auditors' report to the trustees of Project Wingman Foundation Ltd
Opinion
We have audited the financial statements of Project Wingman Foundation Ltd for the period ended 30 April 2022 which comprise the Statement of Financial Activities, the Balance Sheet, and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
We have audited the financial statements of Project Wingman Foundation Ltd for the period ended 30 April 2022 which comprise the Statement of Financial Activities, the Balance Sheet, and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charity's affairs as at 30 April 2022, and of its incoming resources and
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● application of resources, for the period then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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Project Wingman Foundation Ltd
Independent auditors' report to the trustees of Project Wingman Foundation Ltd
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its
We have nothing to report in respect of the following matters in relation to which
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adequate accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records; or
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we have not received all the information and explanations we require for our
Responsibilities of trustees
As explained more fully in the Trustees' Responsibilities Statement set out on page 5 , the trustees are responsible for the preparation of financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditors under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Identifying and assessing potential risks related to irregularities
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:
Enquiries of management, including obtaining and reviewing supporting documentation, concerning policies and procedures relating to:
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-identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of
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● non-compliance -detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud; and
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-the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations;
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remuneration policies, key drivers for remuneration and bonus levels; and
Discussions among the engagement team regarding how and where fraud might occur in the financial statements and
- any potential indicators of fraud. The engagement team have experience of working with companies and this experience was relevant to the discussion about where fraud risks may arise.
11
Project Wingman Foundation Ltd
Independent auditors' report to the trustees of Project Wingman Foundation Ltd
In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.
We also obtained an understanding of the legal and regulatory framework that the charity operates in. The key laws and regulations we considered in this context included the Charities Act 2011 and FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Audit response to risks identified
As a result of performing the above, we did not identify any key audit matters related to the potential risk of fraud or noncompliance with laws and regulations.
In addition to the above, our procedures to respond to risks identified included the following:
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Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with
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● provisions of relevant laws and regulations described as having a direct effect on the financial statements;
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Enquiring of management concerning actual and potential litigation and claims;
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Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of
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● material misstatement due to fraud;
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Reading minutes of meetings of those charged with governance and reviewing correspondence with relevant
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● authorities including Charity Commission and HMRC ;
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In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a
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● potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
Eric Langer BSc FCA - Senior Statutory Auditor
for and on behalf of Langer & Co Chartered Accountant & Statutory Auditor 8-10 Gatley Road Cheadle Cheshire SK8 1PY
This report was signed on
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Project Wingman Foundation Ltd - Statement of Financial Activities for the year ended 30 April 2022
Statement of Financial Activities (including the Income and Expenditure Account for the year ended 30 April 2022, as required by the Companies Act 2006)
| Current year Unrestricted Funds 2022 £ Income & Endowments from: Donations & Legacies A1 145,908 Charitable activities A2 103,528 Other trading activities A3 1,704 Other A5 31 Total income A 251,171 Expenditure on: Raising funds B1 28,560 Charitable activities B2 76,849 Total expenditure B 105,409 Net income for the year 145,762 Transfers between funds C - Net income after transfers A-B-C 145,762 145,762 Reconciliation of funds:- E Total funds carried forward 195,534 SOR P Ref Net movement in funds |
Current year Restricted Funds 2022 £ - - - - - - - - - - - - - |
Current year Total Funds 2022 £ 145,908 103,528 1,704 31 251,171 28,560 76,849 105,409 145,762 - 145,762 145,762 195,534 |
Prior Year Total Funds 2021 £ 68,536 30,000 3,775 - |
|---|---|---|---|
| 102,311 | |||
| 11,794 40,745 |
|||
| 52,539 | |||
| 49,772 - |
|||
| 49,772 | |||
| 49,772 | |||
| 49,772 |
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations
The notes attached on pages 18 to 30 form an integral part of these accounts.
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Project Wingman Foundation Ltd - Statement of Financial Activities for the year ended 30 April 2022
Project Wingman Foundation Ltd - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP
| Income & Endowments from: Donations & Legacies A1 Charitable activities A2 Other trading activities A3 Total income A Expenditure on: Raising funds B1 Charitable activities B2 Total expenditure B Net income for the year Transfers between funds C Net income after transfers Total funds brought forward Total funds carried forward Net movement in funds SOR P Ref |
Prior Year Unrestricted Funds 2021 £ 39,451 30,000 3,775 73,226 11,794 40,745 52,539 20,687 29,085 49,772 49,772 - 49,772 |
Prior Year Restricted Funds 2021 £ 29,085 - - 29,085 - - - 29,085 (29,085) - - - - |
Prior Year Total Funds 2021 £ 68,536 30,000 3,775 102,311 11,794 40,745 52,539 49,772 - 49,772 49,772 - |
|---|---|---|---|
| 49,772 |
All activities derive from continuing operations
The notes attached on pages 18 to 30 form an integral part of these accounts.
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Project Wingman Foundation Ltd - Statement of Financial Activities for the year ended 30 April 2022
Project Wingman Foundation Ltd - Resources applied in the year ended 30 April 2022 towards fixed assets for Charity use:-
| Charity use:- | ||
|---|---|---|
| Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Other applications of funds Net resources available to fund charitable activities |
2022 £ 145,762 (34,142) - 111,620 |
2021 £ 49,772 (63,000) - |
| (13,228) |
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
Movements in revenue and capital funds for the year ended 30 April 2022
Revenue accumulated funds
| Accumulated funds brought forward (From)/To unrestricted revenue funds Closing revenue funds Recognised gains and losses before transfers |
Unrestricted Funds 2022 £ 49,772 145,762 195,534 - 195,534 |
Restricted Funds 2022 £ - - - - - |
Total Funds 2022 £ 49,772 145,762 195,534 - 195,534 |
Last year Total Funds 2021 £ - 49,772 |
|---|---|---|---|---|
| 49,772 - |
||||
| 49,772 |
The notes attached on pages 18 to 30 form an integral part of these accounts.
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Project Wingman Foundation Ltd - Statement of Financial Activities for the year ended 30 April 2022
| Summary of funds | Unrestricted | Restricted | Total | Last Year |
|---|---|---|---|---|
| and | Funds | Funds | Total Funds | |
| Designated funds | ||||
| 2022 | 2022 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Revenue accumulated funds | 195,534 | - | 195,534 | 49,772 |
Project Wingman Foundation Ltd
Income and Expenditure Account for the year ended 30 April 2022 as required by the Companies Act 2006
| Income Income from operations Other operating income Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Depreciation and amortisation Fundraising costs Governance costs Total expenditure in the year Tax on surplus on ordinary activities Retained surplus for the financial year All activities derive from continuing operations Net income after tax in the financial year Net income before tax in the financial year |
2022 £ 251,140 31 251,171 251,171 63,475 9,084 28,560 4,290 105,409 145,762 - 145,762 145,762 |
2021 £ 102,311 - |
|---|---|---|
| 102,311 | ||
| 102,311 | ||
| 30,245 6,300 11,794 4,200 |
||
| 52,539 | ||
| 49,772 - |
||
| 49,772 | ||
| 49,772 | ||
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 18 to 30 form an integral part of these accounts.
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Project Wingman Foundation Ltd - Balance Sheet as at 30 April 2022
| SORP | ||||||
|---|---|---|---|---|---|---|
| Note | Ref | 2022 | 2021 | |||
| £ | £ | |||||
| Fixed assets | A | |||||
| Tangible assets | 9 | A2 | 81,758 | 56,700 | ||
| Current assets | B | |||||
| Stocks | B1 | 186 | 186 | |||
| Debtors | 11 | B2 | 30,448 | 8,585 | ||
| Cash at bank and in hand | B4 | 134,190 | 36,621 | |||
| Total current assets | 164,824 | 45,392 | ||||
| Creditors: amounts falling due within | ||||||
| one year | 12 | C1 | (51,048) | (52,320) | ||
| Net current assets | 113,776 | (6,928) | ||||
| The total net assets of the charity | 195,534 | 49,772 | ||||
| The total net assets of the charity are | funded | by the | funds of the | charity, as follows:- | ||
| Restricted funds | ||||||
| - | - | |||||
| Unrestricted Funds | ||||||
| Unrestricted Revenue Funds | 17 | D3 | 195,534 | 49,772 | ||
| 195,534 | 49,772 | |||||
| Designated Funds | ||||||
| Total charity funds | 195,534 | 49,772 |
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The charity is subject to audit under charity legislation, and the report of the Charities Act auditor is on page 12.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
ANTONY GOODMAN
Trustee Approved by the board of trustees on
The notes attached on pages 18 to 30 form an integral part of these accounts.
17
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
The charity is a public benefit entity as defined by FRS102.
The charity is a company limited by guarantee registered in England.
Going Concern
The Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements.
Risks and future assumptions
The main risk facing the Charity is that revenue it receives from the general public should be insufficient to cover its future financial obligations. Therefore the view of the trustees is that sufficient cash reserves should be accumulated to allow for any reductions in revenue.
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Categories of Income
Voluntary income is received by way of donations, legacies and gifts and is included in full in the statement of financial activities when receivable.
Income from trading charitable activities by the way of sale of goods is included in full in the statement of financial activities when receivable.
Income from trading charitable activities by the way of sale of services is included in the statement of financial activities when receivable, any deferred income shown within creditors on the balance sheet.
18
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022
Income recognition
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
Accounting for deferred income and income received in advance
Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.
Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 6.
19
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022
Policies relating to assets, liabilities and provisions and other matters.
Tangible fixed assets
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Plant and Machinery
10 % straight line
A regular annual review of the likelihood of asset impairment is undertaken.
Stocks and work in progress
Stock is valued at the lower of cost and net realisable value.
Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
Financial instruments including cash and bank balances
Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
There are no designated funds in the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
There are no endowment funds.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
20
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 Significance of financial instruments to the charity's position
There are no significant financial instruments.
5 Net surplus before tax in the financial year
| The net surplus before tax in the financial year is stated after charging:- Depreciation of owned fixed assets |
2022 £ 9,084 |
2021 £ 6,300 |
|---|---|---|
6 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated. The charity had 6,500 Volunteers who donated their time. All roles within the charity are voluntary and the value in monetary terms has not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
7 Remuneration and payments to Trustees and persons connected with them
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
8 Deferred income - Unrestricted and Designated funds
| Current Year Trading income received in advance Total These deferrals are included in creditors |
Opening Deferrals £ 19,000 |
Released from prior years £ |
Received less released in year £ 16,684 |
Deferred at year end £ 35,684 |
|---|---|---|---|---|
| 19,000 | - | 16,684 | 35,684 | |
| 2022 £ 35,684 |
2021 £ 19,000 |
The deferrals included in creditors relate to income received in respect of services that have not yet been provided at the year end, and therefore represent those parts of unrestricted funds which relate to periods subsequent to the accounting year end and are treated as received in advance.
21
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022
9 Tangible fixed assets
| Current Year Land and Buildings £ Cost At 1 May 2021 - Additions - At 30 April 2022 - Depreciation At 1 May 2021 - Charge for the year - At 30 April 2022 - Net book value At 30 April 2022 - At 30 April 2021 Cost Additions 30 April 2021 Depreciation Charge for the year 30 April 2021 Net book value 30 April 2021 30 April 2020 Prior Year |
Plant & Machinery Motor Vehicles £ £ 63,000 - 34,142 - 97,142 - 6,300 - 9,084 - 15,384 - 81,758 - 56,700 Plant & Machinery £ 63,000 63,000 6,300 6,300 56,700 - |
Total £ 63,000 34,142 |
|---|---|---|
| 97,142 | ||
| 6,300 9,084 |
||
| 15,384 | ||
| 81,758 | ||
| 56,700 | ||
| Total £ 63,000 |
||
| 63,000 | ||
| 6,300 | ||
| 6,300 | ||
| 56,700 | ||
| - |
22
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022 10 Stocks & Work in Progress
| Notes to the Accounts for the year ended 30 April 2022 | |
|---|---|
| 10 Stocks & Work in Progress Stocks before write downs Analysis of the carrying value of stocks and work in progress by activities Activity Fundraising activities 11 Debtors Trade debtors Prepayments and accrued income Other debtors 12 Creditors: amounts falling due within one year Trade creditors Accruals Deferred Income - Unrestricted & designated funds |
2022 2021 £ 186 186 |
| 186 186 |
|
| Stocks Stocks 2022 2021 £ £ 186 186 |
|
| 186 186 |
|
| 2022 2021 £ £ 26,500 5,245 3,359 2,810 589 530 |
|
| 30,448 8,585 |
|
| 2022 2021 ££ £ 10,708 28,820 4,656 4,500 35,684 19,000 |
|
| 51,048 52,320 |
13 Fund transfers
| Current year At 1 May 2021 Transfers in the year At 30 April 2022 Prior year At start of previous year Transfers in the year At end of previous year |
Current year Unrestricted Funds 2022 £ - - |
Current year Restricted Funds 2022 £ - - |
Current year Total Funds 2022 £ - - |
|---|---|---|---|
| - | - | - | |
| Prior Year Unrestricted Funds 2021 £ - 29,085 |
Prior Year Restricted Funds 2021 £ - (29,085) |
Prior Year Total Funds 2021 £ - - |
|
| 29,085 | (29,085) | - |
23
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022
14 Income and Expenditure account summary
| Income and Expenditure account summary At 1 May 2021 Surplus after tax for the year At 30 April 2022 |
2022 2021 ££ £ 49,772 - 145,762 49,772 |
|---|---|
| 195,534 49,772 |
15 No related party transactions
There were no transactions with related parties in the year.
16 Particulars of how particular funds are represented by assets and liabilities
| At 30 April 2022 Tangible Fixed Assets Current Assets Current Liabilities At 1 May 2021 Tangible Fixed Assets Current Assets Current Liabilities |
Unrestricted funds £ 81,758 164,824 (51,048) |
Designated funds £ - - |
Restricted funds £ - - - |
Total Funds £ 81,758 164,824 (51,048) |
|---|---|---|---|---|
| 195,534 | - | - | 195,534 | |
| Unrestricted funds £ 56,700 45,392 (52,320) |
Designated funds £ - - - |
Restricted funds £ - - - |
Total Funds £ 56,700 45,392 (52,320) |
|
| 49,772 | - | - | 49,772 |
17 Change in total funds over the year as shown in Note 16 , analysed by individual funds
| Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds Restricted funds:- Total restricted funds Total charity funds |
Funds brought forward from 2021 £ 49,772 |
Movement in funds in 2022 See Note 18 £ 145,762 |
See Note 19 £ - Transfers between funds in 2022 |
Funds carried forward to 2023 £ 195,534 |
|---|---|---|---|---|
| 49,772 | 145,762 | - | 195,534 | |
| - | - | - | - | |
| 49,772 | 145,762 | - | 195,534 |
24
Project Wingman Foundation Ltd
Notes to the Accounts for the year ended 30 April 2022
18 Analysis of movements in funds over the year as shown in Note 17
| Unrestricted and designated funds:- Unrestricted Revenue Funds Restricted funds:- Bus Fund |
Income 2022 £ 251,171 |
Expenditure 2022 £ (105,409) - |
Other Gains & Losses 2022 £ - - |
Movement in funds 2022 £ 145,762 - |
|---|---|---|---|---|
| 251,171 | (105,409) | - | 145,762 |
19 Details of transfers between funds in the year as shown in Note 17
| The transfers shown in note 17 above To/(from) Unrestricted Revenue Funds To/(from) Restricted Revenue Funds Net transfers |
2022 2021 - 29,085 - ( 29,085) |
|---|---|
| - - |
20 The purposes for which the funds as detailed in note 17 are held by the charity are:-
Unrestricted and designated funds:-
These funds are held for the meeting the objectives of the charity, and to Unrestricted Revenue Funds provide reserves for future activities, and subject to charity legislation, are free from all restrictions on their use.
Restricted funds:-
Bus Fund
The purpose of these funds is restricted to the purchase of buses.
21 Ultimate controlling party
The charity is under the control of its legal members.
Every member of the charity is obliged to contribute such amount as may be required not exceeding £10 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
25
Project Wingman Foundation Ltd
Detailed analysis of income and expenditure for the year ended 30 April 2022 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
| 25 Donations, Grants and Legacies Current year Unrestricted Funds 2022 £ Donations and gifts from individuals 11,690 11,690 All the donations and gifts in the prior year were unrestricted. Total donations and gifts from individuals Small donations individually less than £1000 |
Current year Unrestricted Funds 2022 £ 11,690 |
Current year Restricted Funds 2022 £ - |
Current year Total Funds 2022 £ 11,690 11,690 |
Prior Year Total Funds 2021 £ 54,536 |
|---|---|---|---|---|
| 11,690 | - | 54,536 | ||
Donations and gifts from individuals (Include HMRC refunds on gift aided donations) - Prior Year analysis
| Prior year Legacies receivable Donations from organisations Persimmon Community Champions LMQ Ltd Donation Lillie C Johnson Charitable Trust Anton Jurgens Charitable Trust Zedra Trust E Slater Charitable Trust CAF Souter Charitable Trust The SMB Charitable Trust M Flippence - Flybee CC Union The HDH Wills 1965 Charitable Trust Donations from organisations Florence Turner Trust Total legacies receivable The Freddie Green and family charitable trust The Boltini Trust Celtic FC Foundation Penningtons - Hamamelis Trust WM Mann Foundation Hakon Haugnes Andurand Capital |
Prior Year Unrestricted Funds 2021 £ 25,451 |
Prior Year Restricted Funds 2021 £ 29,085 |
Prior Year Total Funds 2021 £ 54,536 Current year Total Funds 2022 £ - - Current year Total Funds 2022 £ - 1,000 4,000 200 500 10,000 2,400 500 1,500 2,000 5,000 1,000 5,000 500 3,000 4,000 500 |
Prior Year Total Funds 2021 £ 5,000 |
|---|---|---|---|---|
| Current year Unrestricted Funds 2022 £ - |
Current year Restricted Funds 2022 £ - |
|||
| - | - | 5,000 | ||
| Current year Unrestricted Funds 2022 £ - 1,000 4,000 200 500 10,000 2,400 500 1,500 2,000 5,000 1,000 5,000 500 3,000 4,000 500 |
Current year Restricted Funds 2022 £ - - - - - - - - - - - - - - - - - |
Prior Year Total Funds 2021 £ 9,000 - - - - - - - - - - - - - - - - |
26
Project Wingman Foundation Ltd
Detailed analysis of income and expenditure for the year ended 30 April 2022 as required by the SORP 2015
| The Barratt Developments 1,000 Hospital Saturday Fund 2,000 Truemark Trust 7,000 The Hellanthus Charity Trust 250 Samuel Storey Family Charitable 130 The Princess Anne Charity Trust 4,000 Ian Askew Charitable Trust 500 Normanby Charitable Trust 2,000 Boeing Company 14,638 Ernest Keinwort Charitable Trust 2,500 The Hasluck Charitable Trust 1,000 Blake Morgan LLP Client A/C’ 1,500 The Lady Hind Trust 1,000 NHS Trust Development Authority 40,000 Complete Fundraising 1,000 You Garden 1,000 Gold Key Media 2,000 JGB Accountants 1,000 Institute for Optimum Nutrition 1,000 Gtech 1,000 Bioenergiser 1,000 BWPA British Womens Pilots 2,000 Blakemore Foundation AFB 100 5,500 134,218 Total Donations, Grants and Legacies Total Donations, Grants and Legacies A1 145,908 All the donations and gifts in the prior year were unrestricted. Prior year Unrestricted Funds 2021 £ Total Donations, Grants and Legacies A1 39,451 Total Donations from organisations Kent & Medway NHS |
1,000 2,000 7,000 250 130 4,000 500 2,000 14,638 2,500 1,000 1,500 1,000 40,000 1,000 1,000 2,000 1,000 1,000 1,000 1,000 2,000 100 5,500 |
- - - - - - - - - - - - - - - - - - - - - - - |
1,000 2,000 7,000 250 130 4,000 500 2,000 14,638 2,500 1,000 1,500 1,000 40,000 1,000 1,000 2,000 1,000 1,000 1,000 1,000 2,000 100 5,500 134,218 |
- - - - - - - - - - - - - - - - - - - - |
|---|---|---|---|---|
| 134,218 | - | 9,000 | ||
| 145,908 | - | 145,908 Prior Year Total 2021 £ 68,536 |
68,536 | |
| Restricted Funds 2021 £ |
||||
| 39,451 | 29,085 |
26 Income from charitable activities - Trading Activities
| Current year Primary purpose and ancillary trading Total Primary purpose and ancillary trading Sale of goods and services in accordance with the charity's objects |
Current year Unrestricted Funds 2022 £ 103,528 |
Current year Restricted Funds 2022 £ - |
Current year Total Funds 2022 £ 103,528 103,528 |
Prior Year Total funds 2021 £ 30,000 |
|---|---|---|---|---|
| 103,528 | - | 30,000 |
27
Project Wingman Foundation Ltd
Detailed analysis of income and expenditure for the year ended 30 April 2022 as required by the SORP 2015
27 Total Income from charitable activities
| Current year Total income from charitable trading Total from charitable activities A2 |
Current year Unrestricted Funds 2022 £ 103,528 |
Current year Restricted Funds 2022 £ - |
Current year Total Funds 2022 £ 103,528 103,528 |
Prior Year Total Funds 2021 £ 30,000 |
|---|---|---|---|---|
| 103,528 | - | 30,000 |
28 Income from other, non charitable, trading activities
| Total from other activities A3 Trading activities to raise funds for the charity |
Current year Unrestricted Funds 2022 £ 1,704 |
Current year Restricted Funds 2022 £ - |
Current year Total Funds 2022 £ 1,704 1,704 |
Prior Year Total Funds 2021 £ 3,775 |
|---|---|---|---|---|
| 1,704 | - | 3,775 |
29 Expenditure on charitable activities - Direct spending
| Current Year Total direct spending B2a Professional Indemnity insurance Travel and Subsistence - Charitable Activities Lounge Supplies Bus Accessories, Maintenance and repair |
Current year Unrestricted Funds 2022 £ 26,820 21,158 8,165 3,463 |
Current year Restricted Funds 2022 £ - - - - |
Current year Total Funds 2022 £ 26,820 21,158 8,165 3,463 59,606 |
Prior Year Total Funds 2021 £ 3,348 7,527 16,062 - |
|---|---|---|---|---|
| 59,606 | - | 26,937 |
28
Project Wingman Foundation Ltd
Detailed analysis of income and expenditure for the year ended 30 April 2022 as required by the SORP 2015
| 30 Current year Current year Current Year Unrestricted Funds Restricted Funds 2022 2022 £ £ Premises Expenses 951 - Administrative overheads 54 - Printing, Postage and Stationery 613 - Membership subscriptions 80 - Liabilty and contents insurance - - Sundry expenses 110 - Computer costs 1,612 - Accountancy fees other than examination or audit fees 366 - Other legal and professional 83 - Financial costs Depreciation & Amortisation in total for the period 9,084 - Support costs before reallocation 12,953 - Total support costs - Current Year 12,953 - The basis of allocation of costs between activities is described under accounting policies Property insurance Telephone, fax and internet Support costs for charitable activities |
Current year Unrestricted Funds 2022 £ 951 54 613 80 - 110 1,612 366 83 9,084 |
Current year Restricted Funds 2022 £ - - - - - - - - - - |
Current year Total Funds 2022 £ 951 54 613 80 - 110 1,612 366 83 9,084 |
Prior Year Total Funds 2021 £ - - 827 120 898 16 1,042 300 105 6,300 |
|---|---|---|---|---|
| 12,953 | - | 12,953 12,953 |
9,608 | |
| 12,953 | - | 9,608 | ||
| - - - |
All the expenditure in the prior year was unrestricted.
- 31 Other Expenditure - Governance costs
| Current Year Auditor's fees Total Governance costs |
Current year Unrestricted Funds 2022 £ 4,290 |
Current year Restricted Funds 2022 £ - |
Current year Total Funds 2022 £ 4,290 4,290 |
Prior Year Total Funds 2021 £ 4,200 |
|---|---|---|---|---|
| 4,290 | - | 4,200 |
- 32 Total Charitable expenditure
| Current Year Total direct spending B2a Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 |
Current year Unrestricted Funds 2022 £ 59,606 12,953 4,290 |
Current year Restricted Funds 2022 £ - - - |
Current year Total Funds 2022 £ 59,606 12,953 4,290 76,849 |
Prior Year Total Funds 2021 £ 26,937 9,608 4,200 |
|---|---|---|---|---|
| 76,849 | - | 40,745 |
All the expenditure in the prior year was unrestricted.
29
Project Wingman Foundation Ltd
Detailed analysis of income and expenditure for the year ended 30 April 2022 as required by the SORP 2015
33 Expenditure on raising funds and costs of investment management
| Current Year Fundraising publicity & marketing Cost of fundraising activities Fundraising trading costs Total fundraising costs B1 |
Current year Unrestricted Funds 2022 £ 11,492 17,068 - |
Current year Restricted Funds 2022 £ - - - |
Current year Prior Year Total Funds Total Funds 2022 2021 £ £ 11,492 10,645 17,068 1,149 - - |
|---|---|---|---|
| 28,560 | - | 28,560 11,794 |
30