2022-12-31-accounts - The Branch Trust, Chipping Norton (CIO)

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	5
Report ofthe Independent Auditors	6	to	8
Statement of Financial Activities
Balance Sheet	10	lo	11
Cash Flow Statement		12
Notes to the Cash Flow Statement		13
Notes to the Financial Statements	14	lo	22
Detailed Statement of Financial Activities	23	to	24

										Period
										27.8.20
								Year Ended		to
									31.12.22	31.12.21
					Unrestricted	Designated	Restricted		Total	Total
					fund	Fund	funds		funds	funds
				Notes	6	8			5	6
INCOME AND
ENDOWMENTS		FROM
Donations	and	legacies		2	66,901	1,892,489	25,912	1,985,302		1,968,580
Investment	income			3	3903				3,904
Total					70,804	1,892,490	25.912	1	989206	3,968,580
EXPENDITURE		ON
Raising funds				4	4,347		4,636		8,983	32.123
Charitable	activities
Charitable	activities				4,672		42,057		46,729	114,310
Other					15,999	8,573	7,815		32 387	19,366
Total					25,018	8,573	54,508		88 059	165799
NET
INCOME/(EXPENDITURE) Transfers between funds				14	45,786 20 313	1,883,917 ~30,001	(28,596) 9,688	1,901,107		1,802,781
Net movement		in funds			66,099	1,853,916	(18,908)	1,901,107		1,802,781
RECONCILIATION			OF
FUNDS
Total funds	brought		forward		4,801	1,667,651	130,329	1,802,781
TOTAL FUNDS		CARRIED
FORWARD					70,900	3,521,567	111,421	3,703,888		1,802,781

						Period
						27.8.20
					Year Ended	to
					31.12.22	31.12.21
				Notes	6	9
Cash flows from	operating		activities
Cash generated from operations				1	1,988,761	1,709,535
Net cash provided	by operating			activities	1.988,761	1,709,535
Cash flows from	investing		activities
Purchase oftangible fixed		assets			(445,497)	(773,469)
Interest received					3,904
Net cash used in	investing	activities			~441 593)	~773,469)
Change in cash	and cash		equivalents
in the reporting	period				1,547,168	936,066
Cash and cash equivalents beginning ofthe reporting			atthe period		93699!
Cash and cash equivalents			at	the end
ofthe reporting	period				2,463,234	936,066

				Period
				27.8.20
				to
				31.12.21
				6
Net income for the	reporting	period (as per the Statement of
Financial Activities)			1,901,107	1,802,781
Adjustments for:
Depreciation charges			599
Interest received			(3,904)
Decrease/(increase)	in debtors		21,058	(114,554)
Increase in creditors			69,901	21,308
Net cash provided	by operations		1,988,761	1,709,535

ANALYSIS OF CHANGES IN NET	FUNDS
	At 1.1.22	Cash flow	At 31.12.22
	6	f'.	6
Net cash
Cash at bank	1136,666	1,547168	2483,234
	936,066	1,547,168	2,483,234
Total	936,066	1,547,168	2,483,234

							Period
							27.8.20
						Year Ended	to
						31.12.22	31.12.21
						6	5
	Gifts and donations					1,518,548	1,776,460
	GIR aid					17,735	18,131
	Grants					449,019	173,989
						1,985,302	1,968,580
	Grants received,	included		in the above, are as follows:
							Period
							27.8.20
						Year Ended	to
						31.12.22	31.12.21
							6
	St Mary's Church	PCC grants					1,757
	Redevelopment	grants				425,250	39,500
	Architectural Heritage Fund grants						74,732
	CAF Canada grants						20,000
	CHK Foundation	grants					25,000
	Thames Valley Police grant						3,000
	Esmee Fairbairn	grant					10,000
	Oxfordshire Community		Foundation		grants	10,750
	West Oxfordshire	DC grants				5,100
	Good Food Oxfordshire		grants			2,919
	NPT Transatlantic	grants				5000
						449,019	173,989
3.	INVESTMENT INCOME
							Period
							27.8.20
						Year Ended	to
						31.12.22	31.12.21
						6	6
	Deposit account	interest				~3904

Raising d	onations and legac	ies
				Period
				27.8.20
			Year Ended	to
			31.12.22	31.12.21
			6	6
Staff costs			3,529	21,582
Fundraising	costs - advertising	and promotional	5,025	8,490
Fundraising	expenses		429	2,051
			8,983	32,123
CHARITAB	LE ACTIVITIES COSTS
				Direct
				Costs
Charitable	activities			46,729
SUPPORT	COSTS
				Governance
				costs
				6
Other resources expended				32,387

					Period
					27.8.20
				Year Ended	to
				31.12.22	31.12.21
				6	8
Depreciation	-	owned	assets	599

			Period
			27.8.20
		Year Ended	to
		31.12.22	31.12.21
		F
Wages	and salaries	48,968	50,810
Other	pension costs	400
		49,368	50,810

The average monthly number ofemployees	during the year was as follows:
		Period
		27.8.20
	Year Ended	to
	31.12.22	31.12.21
Youth worker	1	1
Adminstration	1	1

	No employees received emoluments in exc	No employees received emoluments in exc	ess of860,000.
10.	COMPARATIVES FOR THE STATEMENT		OF FINANCIAL	ACTIVITIES
			Unrestricted	Designated	Restricted	Total
			fund	Fund	funds	funds
			6		8
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies		105,962	1,590,424	272,194	1,968,580
	EXPENDITURE ON
	Raising funds		20,815		11,308	32,123
	Charitable activities
	Charitable activities		1,308	44,524	68,478	114,310
	Other		19038		328	19366
	Total		41,161	44,524	80,114	165,799
	NET INCOME Transfers between funds		64,801 ~60,000	1,545,900 121,7~I	192,080 ~61751	1,802,781
	Net movement in funds		4 801	I 667,651	130,329	1,802,781
	TOTAL FO808 QARRIRO FORWARO		4801	1,667,651	130,329	1,802,781

11.	TANGIBLE FIXEDASS	E	TS
				Improvements
			Freehold	to	Computer
			property	property	equipment	Totals
			F	5	6	6
	COST
	At 1 January 2022		490,000	283,469		773,469
	Additions			443,099	1 798	445,497
	At 31 December 2022		490,000	727,168	1,798	1,218,966
	DEPRECIATION
	Charge for year				599	599
	NET BOOK VALUE
	At 31 December 2022		490,000	727.188	1,199	1,218,367
	At 31 December 2021		490,000	283489		773,469
12.	DEBTORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31.12.22	31.12.21
					5
	Trade debtors				93,496	91,964
	VAT					20,677
	Prepayments and accrued		income			1,913
					93,496	114,554
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE	YEAR
					31.12.22	31.12.21
					6	6
	Trade creditors				84,970	16,593
	VAT				5,339
	Other creditors				900
	Accrued expenses					4,715
					91,209	21,308

MOVEMENT IN FU	NDS
				Net	Transfers
				movement	between	At
			At 1.1.22	in funds	funds	31.12.22
			6	8	E	F
Unrestricted funds
General Fund Designated Redevelopment		Fund	4,801 1,667,651	45,786 1,883,917	20,313 ~30,0017	70,900 3,521,567
			1,672,452	1,929,703	(9,688)	3,592,467
Restricted funds
Domestic Abuse Support Work			15,500	(1,883)		13,617
Operational costs and salaries-
Outreach			95,577	(3,062)	(312)	92,203
Young People (Mental Health)			1,000	(13)		987
CAF Canada Fund	for Outreach
salaries			18,247	(28,247)	10,000
CHK Foundation Grant Fund			5	(5)
Christmas Hampers	Fund			1,624		1,624
Ukranian Fund				785		785
WODC Hardship Fund				800		800
Oxfordshire Community Foundation
Fund				1,005		1,005
Energy Crisis Fund				400		400
			130,329	28,596	9,688	111,421
TOTAL FUNDS			1 802 781	1 001107		3 7D3 888

Net movement in f	unds, incl	ude	d in the above are	as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				F	F	F
Unrestricted funds
General Fund Designated Redevelopment		Fund		70,804 1,892,490	(25,018) ~89731	45,786 1 883917
				1,963,294	(33,591)	1,929,703
Restricted funds
Domestic Abuse Support Work				3,100	(4,983)	(1,883)
Operational costs and salaries-
Outreach					(3,061)	(3,062)
Young People (Mental Health)					(13)	(13)
CAF Canada Fund	for Outreach
salaries					(28,247)	(28,247)
CHK Foundation Grant Fund					(5)	(5)
Christmas Hampers	Fund			6,714	(5,090)	1,624
Ukranian Fund				1,778	(993)	785
WODC Hardship Fund				2,000	(1,200)	800
Good Food Oxfordshire Fund				2,919	(2,919)
NPT Transatlantic	Fund			5,001	(5,001)
Oxfordshire Community Foundation
Fund				4,001	(2,996)	1,005
Energy Crisis Fund				400		400
				25,912	54,508	28596
TOTAL FUNDS				1,989,200	~88D991	19D1,101
Comparatives for	movement		in funds
				Net	Transfers
				movement	between	At
				in funds	funds	31.12.21
				f	6	6
Unrestricted funds
General Fund				64,801	(60,000)	4,801
Designated Redevelopment		Fund		1,545,900	121,751	1,667,651
				1,610,701	61,751	1,672,452
Restricted funds
Domestic Abuse Support Work				15,500		15,500
Operational costs and salaries-
Outreach				95,577		95,577
Young People (Mental Health)				1,000		1,000
AHF Grant Fund				61,751	(61,751)
CAF Canada Fund	for Outreach
salaries				18,247		18,247
CHK Foundation Grant Fund				5		5
				192,080	61,751	130,329
TOTAL FUNDS				1,802,781		1,802,781

Comparative net movement	in funds, included	in the above are as follow	s:
		Incoming	Resources	Movement
		resources f	expended f	in funds f
Unrestricted funds
General Fund Designated Redevelopment	Fund	105,962 1 590 424	(41,161) ~44,524)	64,801 1,545,900
		1,696,386	(85,685)	1,610,701
Restricted funds
Covid/Emergency Fund		650	(650)
Domestic Abuse Support Work		15,500		15,500
Operational costs and salaries-
Outreach		135,313	(39,736)	95,577
Young People (Mental Health)		1,000		1,000
AHF Grant Fund		74,732	(12,981)	61,751
CAF Canada Fund for Outreach
salaries CHK Foundation Grant Fund		20,000 24,999	(1,753) ~24, 904)	18,247 5
		272,194	~00))4	102080
TOTAL FUNDS		1,968,580	~165,799)	1802701

				FOR THE YEAR ENDED 3	1 DECEMBER 2022
						Period
						27.8.20
					Year Ended	to
					31.12.22	31.12.21
INCOME AND	ENDOWMENTS
Donations and legacies
Gifts and donations					1,518,548	1,776,460
Gift aid					17,735	18,131
Grants					449,019	173,989
					1,985,302	1,968,580
Investment income
Deposit account interest					3994
Total incoming resources					1,989,206	1,968,580
EXPENDITURE
Raising donations		and legacies
Wages					3,529	21,582
Fundraising costs - advertising				and
promotional					5,025	8,490
Fundraising expenses					429	2,051
					8,983	32,123
Charitable activities
Wages					29,644	22,463
Pensions					400
Sundries					1,968	494
Course and craft resources					4,923	3,067
Food					7,394	1,238
Expenses paid	by CNACT					39,736
Expenses paid	by PCC					37,612
Legal and professional			fees		2,400	9,700
					46,729	114,310
Supportcosts
Governance	costs
Wages					15,795	6,765
Insurance					9,909	2,075
Utilities					613	1,350
Telephone and internet					84	108
Postage and	stationery				68	234
Sundries					1,417	868
Accountancy	fees					3,500
Subscriptions					50	50
Carried forward					27,936	14,950

			Period
			27.8.20
		Year Ended	to
		31.12.22	31.12.21
		5	5
Governance	costs
Brought forward		27,936	14,950
Travel and subsistence		295	202
Computer and website costs		842	606
Staff training		1,235	323
Repairs and maintenance			406
Bank charges		168	721
Irrecoverable	VAT	1,312	2,158
Computer equipment		599
		32,387	19,366
Total resources	expended	88,099	165,799
Net income		1,0111,107	1,802,781