2023-03-31-accounts

Report ofthe Trustees		..
Introduction ..
Directors &Trustees	—Dame Hannah Rogers Trust 2019Limited
Officers and Key Employees of Dame Hannah			Rogers Trust 2019Limited..
Structure, Governance		and Management ..
Trading Companies.
Risk Management
Public Benefit ..
Our Staff Team.				....13
Our Volunteers.				....14
Fundraising practices.				........15
Our current and future	plans.			........16
Reserves policy				..21
Pay policy statement.				........21
Trustees' responsibilities		in relation to the financial statements.		......22
Auditor ..				........22
Independent Auditor's	Report..			......23
Independent Auditor's	Report continued			........24
Independent Auditor's	Report continued			...25
Independent Auditor's	Report continued			........26
Consolidated Statement		ofFinancial Activities.		........27
Balance Sheet.				........28
Notes and Accounting	Policies..			........30

Rogers Sch	ool charity.
As you read	the following	financial information,	the Trustee Board hopes			you will also sense the courage,
determination	and vitality	ofour truly inspirational		adults	with disabilities	and those closest to them.
Company	number	11878746
Charity number		1194836
Registered	Office	Woodland Road
		Ivybridge
		Devon
		PL21 9HQ
Auditor		PKF Francis Clark Chartered Accountants
		Melville Building East
		Unit 18,23 Royal William Yard
		Plymouth
		PL1 3GW
Solicitors		Tozers Solicitors LLP
		Broadwalk House
		Southernhay West
		Exeter
		Devon
		EX1 1UA
Insurance	advisors	Marsh Commercial
		Melville Building
		Royal William Yard
		Plymouth
		PL1 3RP
Charity Website		www. discoverhannahs.		or

		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2023	2022
	Notes	8	8
Income from:
Donations and legacies		142,293	159,490	301,783	1,174,200
Charitable activities		5,393,680		5,393,680	3,588,791
Other trading activities		821,172		821,172	711,468
Investment income		524		524	16
Total income		6,357,669	159,490	6,517,159	5,474,475
Expenditure on:
Costs of raising funds		(451,177)		(451,177)	(378,761)
Charitable activities		(5,626,505)	(13,334)	(5,639,839)	(3,288,614)
Other:
Financing costs		(9,675)		(9,675)	(14,806)
Total expenditure		(6,087,357)	(13,334)	(6,100,691)	(3,682,181)
Net gains on investments
Net income		270,312	146,156	416,468	1,792,294
Transfer between funds
Net movement in funds		270,312	146,156	416,468	1,792,294
Reconciliation offunds:
Total funds brought forward		1,732,658	59,636	1,792,294
Total funds carried forward		2,002,970	205,792	2,208,762	1,792,294

					Group		Charity
				2023	2022	2023	2022
Fixed assets:			Notes
Tangible assets			15	602,4T3	452,033	588,319	432,196
Investments			16	5,000	5,000	5,004	5,004
Total fixed assets				607,473	457,033	593,323	437,200
Current assets:
Stocks			17	31,914	37,437	31,914	37,437
Debtors			18	550,789	491,649	497,996	452,928
Cash at bank and	in hand			2,382,064	2,752,810	2,267,823	2,647,449
Total current assets				2,964,767	3,281,896	2,797,733	3,137,814
Liabilities:
Creditors: amounts		falling due	19	849,441	1,379,354	1,269,159	1,415,125
within one year
Net current assets				2,115,326	1,902,542	1,528,574	1,722,689
Total assets less	current			2,722,799	2,359,575	2,121,897	2,159,889
liabilities
Creditors: amounts after more than one		falling due year	20	514,03'7	567,281	514,037	564,320
Total net assets				2,208,762	1,792,294	1,607,860	1,595,569
The funds ofthe	Charity:
Restricted funds			22	205,792	59,636	205,792	59,636
Unrestricted funds			22	2,002,976	1,732,658	1,402,068	1,535,933
Total Charity funds				2,208,762	1,792,294	1,607,860	1,595,569

Consolidated Statement of Cash	Flows	Flows
Year ended 31 March 2023
				2023	2022
			Notes		r
Cash flows from operating activities:
Net cash (used) Ireceived from operating	activities		26	(58,718)	2,712,383
Cash flows from investing activities:
Interest from investments				524	16
Transfer in oftangible fixed assets and investments					(432,262)
Proceeds from the safe oftangible fixed assets				8,576	2,270
Purchase oftangible fixed assets				(220,236)	(67,588)
Net cash (used in) investing activities				(211,136)	(497,564)
Cash flows from financing activities:
Transfer of borrowing to Trust					625,921
Repayment of borrowing				(100,892)	(87,930)
Net cash usedin financing activities				(100,892)	537,991
Changein cash and cash equivalentsin the		year		(370,746)	2,752,810
Cash and cash equivalents at the beginning		ofthe year		2,752,810
Cash and cash equivalents at the end ofthe		year	27	2,382,064	2,752,810

3.Income	from	donation	s	and legacies
					Unrestricted	Restricted	Total		Total
					Funds	Funds	Funds		Funds
					2023	2023	2023		2022
					6	f		8	5
Donations	and	gifts			63,826	9,490	73,316		21,311
Transfers	in:
Dame Hannah		Rogers School							876,894
Hannahs	(1988)Ltd								103,027
Legacies					78,467	150,000	228,467		129,131
Furlough Grant									11,294
Kick Start	Grant								32,543
Total					142,293	159,490	301,783		1,174,200
4.Income from charitable			activities
					Unrestricted Restricted		Total		Total
					2023f	2023	2023 6		2022 f
Fees receivable					5,389,498	5,389,498		3,451,678
Covid grant	support								29,318
Other income					4,182		4,182		107,795
Total					5,393,680	5,393,680		3,588,791
.Income from other trading				activities
					Unrestricted Restricted		Total		Total
					2023 E	2023 E	2023 8		2022f
Income from charity shops					821,172		821,172		711,468
Total					821,172		821,172		711,468
.Income from investments
						Unrestricted			Total
							Funds		Funds
							2023f		2022 f
Interest and dividends							524		16

Profit and	loss account			2023
				6
Turnover				821,172
Operating expenses				(416,221)
Operating	profit			404,951
Interest payable and similar		charges		335
Interest receivable				(825)
Net trading	profit			404,461
Tax on profit on ordinary		activities		(285)
Profit after	taxation			404,176
Gift aid distribution				(193,244)
Reserves bif				196,727
				407,659
Balance sheet
Assets				429,850
Liabilities				(22,189)
Capital
Reserves				407,659
8.Expenditure on raising		funds
			Total	Total
			2023	2022
			6	6
Depreciation			2,496	4,195
Other costs			448,681	374,566
			451,177	378,761

Direct costs		Unrestricted	Restricted	Total	Total
		Funds	Fundsf	2023f	2022f
Staff costs		3,918,001		3,918,001	2,369,337
Premises costs		832,464		832,464	528,767
Supplies		130,255		130,255	76,098
Depreciation		50,632	7,794	58,426	37,211
Bad debts written	off	41,704		41,704
Other		35,182	5,540	40,722	7,589
		5,008,238	13,334	5,021,572	3,019,002
Governance costs (note 10)		175,716		175,716	106,107
Support costs (note 10)		442,551		442,551	163,505
		5,626,505	13,334	5,639,839	3,288,614

		Support	Governance	Total	Total	Basis of
		costs	costs	2023	2022	allocation
Management/admin	staff salaries	442,551	110,637	553,188	204 381	Time spent
Legal and Professional			23,761	23,761	36,646	Governance
Other			41,318	41,318	28,585	Governance
		442,551	175,716	618,267	269,612

11.Net income Net income for the year is after charging:
	2023f	2022f
(Loss)/Proffit on disposal offixed assets	(298)	1,549
Depreciation ofleasehold assets	10,317	5,482
Depreciation ofowned assets	50,605	35,925
Auditor's remuneration for audit services:
Charity	7,000	5,000
Subsidiary	6,000	5,000
Non-audit services	8,OOO	5,000
Rental ofshop premises - operating leases	115,952	98,281
Other operating leases	43,507	29,215

15.Tangible fixed assets
Group	Leasehold buildings	Fixtures, fittings and equipment	Motor vehicles	Trust webaits	Total
		6
Cost or valuation
At 1 April 2022	221,195	1,962,757	153,977	41,276	2,379,205
Additions	187,697	17,602	14,937		220,236
Disposals			(14,954)		(14,954)
At 31 March 2023	408,892	1,980,359	153,960	41,276	2,584,487
Depreciation
At 1 April 2022	14,880	1,739,709	136,058	36,525	1,927,172
Charge for year	10,317	46,284	3,371	950	60,922
Eliminated on disposals			(6,080)		(6,080)
At 31 llllarch 2023	25,197	1,785,993	133,349	37,475	1,982,014
Net book value
At 31 March 2023	383,695	194,366	20,611	3,801	602,473
At 31 INarch 2022	206,315	223,048	17,919	4,751	452,033
Charity
	Leasehold buildings	Fixtures, fittings and equipment	Motor vehicles	Trust website	Total
Cost or valuation
At 1 April 2022	221,195	1,920,411	143,460	41,276	2,326,342
Additions	187,697	16,352	14,937		218,986
Disposals			(4,437)		(4,437)
At 31 INarch 2023	408,892	1,936,763	153,960	41,276	2,540,891
Depreciation
At 1 April 2022	14,880	1,712,763	129,978	36,525	1,894,146
Charge for the year	10,317	43,788	3,371	950	58,426
Eliminated on disposals
At 31 March 2023	25,197	1,756,551	133,349	37,475	1,952,572
Net book value
At 31 Iiilarch 2023	383,695	180,212	20,611	3,801	588,319
At 31 INarch 2022	206,315	207,648	13,482	4,751	432,196

16.Investments	16.Investments	16.Investments
Investments		—unlisted
Group	and Charity
					2023	2022
Shares	in Brain in Hand				5,000	5,000
Investments		in subsidiaries		(Charity only)
					2023	2022
					6	6
Cost of	shares	in Hannah's	(1988)Limited
Cost of	shares	in Hannahs	Limited

18.Debtors
			Group			Charity
			2023	2022	2023	2022
			6	f	6	f
Trade debtors			312,463	275,642	303,811	272,778
Prepayments	and accrued income		174,020	165,657	137,996	135,122
Other debtors			64,306	50,350	56,189	45,028
			550,789	491,649	497,996	452,928
9.Creditors -	Amounts	falling due within one year
			Group			Charity
			2023	2022f	2023 6	2022 f
Bank loans —(note 20)			40,000	40,000	40,000	40,000
Other loans —unsecured		(note 20)	50,000	50,000	50,000	50,000
Trade creditors			269,713	238,977	267,609	236,406
Amounts owed	to group undertakings				441,906	51,812
Accruals and deferred income			275,889	467,220	256,089	455,620
Other taxation	and social	security	134,215	515,177	133,930	515,177
Obligations under finance		lease (note 21)	6,086	9,800	6,086	7,930
Other creditors			73,538	58,180	73,539	58,180
			849,441	1,379,354	1,269,159	1,415,125

0.Creditors	—Amounts falling due after one ye	ar
			Group		Charity
		2023	2022	2023		2022
				6		E
Accruals		50,366		50,366
Bank loans	- CBIL	90,000	130,000	90,000		130,000
Other loans	- unsecured	250,000	300,000	250,000		300,000
Obligations	under finance lease (note 21}	3,975	13,022	3,975		10,061
Other creditors		119,696	124,259	119,696		124,259
		514,037	567,281	514,037		564,320

ategory	oft	angible	fixe	d assets and a Citroen van	recognised wit	h motor vehicles	in fixed assets.
						Group and	Charity
					Minimum	lease	Present value		of
					payments		minimum	lease
							payments
						2022 6	2023 f		2022 E
Within one year					10,305	12,712	6,086		9,800
Setween	one and		five	years	5,875	20,524	3,975		13,022
					16,180	33,236	10,061		22,822
Less: future		finance charges			(6,119)	(10,414)
Present	value oflease			obligations	10,061	22,822	10,061		22,822
Included	in	the financial statements as:
Current	obligations		under finance lease				6,086		9,800
Non-current		obligations		under finance lease			3,975		13,022
							10,061		22,822

22.Fund balances	22.Fund balances		Balance				Balance
			Brought	Incoming	Resources	Transfers	31 March
			Forward	Resources	Expended		2023
Group					f
Restricted	Funds
Other			59,636	159,490	(13,334)		205,792
Unrestricted	Funds
General Unrestricted		Funds	1,732,658	6,357,669	(6,087,357)		2,002,970
At 31 March 2023			1,792,294	6,517,159	(6,100,691)		2,208,762
			Balance				Balance
			Brought	Incoming	Resources	Transfers	31 March
Group			Forward f	Resources	Expended		2022
Restricted Funds
Other				64,567	(4,931)		59,636
Unrestricted	Funds
General Unrestricted		Funds		5,409,908	(3,677,250)		1,732,658
At 31 March	2022			5,474,475	(3,682,181)		1,792,294
			Balance				Balance
			Brought	Incoming	Resources	Transfers	31 March
			Forward	Resources	Expended		2023
Charity
Restricted Funds
Other			59,636	159,490	(13,334)		205,792
Unrestricted	Funds
General Unrestricted		Funds	1,535,933	5,536,162	(5,670,027)		1,402,068
At 31 March	2023		1,595,569	5,695,652	(5,683,361)		1,607,860
			Balance				Balance
			Brought Forward	Incoming Resources	Resources Expended	Transfers	31 March 2022
Charity			6
Restricted Funds
Other				64,567	(4,931)		59,636
Unrestricted	Funds
General Unrestricted		Funds		4,861,829	(3,325,896)		1,535,933
At 31 March	2022			4,926,396	(3,330,827)		1,595,569

23.Analysis ofnet a	ssets betwee	n fu	nd	s
				Fixed	Investments			Current		Liabilities Total 2023
Group				assetsf		f		assets f
Restricted Funds
Other Funds				55,792				150,000				205,792
				55,792				150,000				205,792
Other Funds/Reserves
Unrestricted Funds				546,681	5,000			2,814,767		(1,363,478) 2,002,970
Total				602,473	5,000			2,964,767		(1	363,478) 2,208,762
24.Operating leases
Operating leases where the Group and				Charity is	lessee
At 31 March 2023 the	total of future	minimum lease			payments	under		non-cancellable		operating		leases (including	shop
premises) for each of	the following	periods		were as follows:
				Group					Charity
				2023 5		2022 f			2023 KK			2022 f
Not later than one year				390,048		391,770			302,000			302,000
Later than one year and not later				1,298,207	1,332,286			1,208,000			1,208,000
than five years
Later than five years				4,483,800	4,785,800			4,483,800			4,785,800
				6,172,055	6,509,856			5,993,800			6,295,800
25.Related party transactions
There were no related	party transactions		during the year.
26.Reconciliation ofnet expenditure			to net cash		outflow	from	operating		activities
												2023	2022
													f.
Net income for the year												416,468	1,792,294
Adjustments for:
Depreciation charges												60,922	41,406
Interest from investments												(524)	(16)
Loss/(Profit) on disposal oftangible		assets										298	(1,549)
Decrease / (increase)	in stocks											5,523	(37,437)
(Increase) in debtors												(59,140)	(491,649)
(Decrease)/increase in creditors											(482,265)		1,409,334
Net cash (used in)Ireceived from operating activities												(58,718)	2,712,383

27.Analy	sis ofcash and	cash equivalents
					2023	2022
						6
Cash in hand					2,382,064	2,752,810
Overdraft	facility repayable	on demand
Total cash and cash equivalents					2,382,064	2,752,810
28.Analysis ofchanges		in net funds
			At	1 April 2022 f	Cash-flaws 5	At 31 March 2023
Cash				2,752,810	(370,746)	2,382,064
Loans	falling due in less than one year			(90,000)		(90,000
Loans	falling due after	more than one year		430,000	90,000	340,000
				2,232,810	280,746	1,952,064