Digitally Signed Document Document ID: DD7813BC6B7258
## Document Details
|**Filename:**|DiscoverU YE 31-12-2023 - Accounts.PDF|
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|**Client of:**|Lewis Smith & Co.|
## Signature Details
|**Name:**|Steve Smith|
|---|---|
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|**Email:**|steve@discoveru2015.org|
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|**Date & Time:**|27/06/2024 15:37:26 PM (BST)|
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|**IP Address:**|92.19.228.251|
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|**Signing Statement:**|The trustees approve the financial statements. We
confirm we will file the accounts with the Charity
Commission as necessary.|
## Digital Certificate
The approved PDF file has been digitally certified.Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with.
|**On behalf of:**|Lewis Smith & Co.|
|---|---|
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|**PDF digital certificate:**|IRIS Software Group Limited|
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|**Digital certificate issued by:**|GlobalSign|
Please keep a copy of this document for your records.
**REGISTERED COMPANY NUMBER: CE027569 (England and Wales) REGISTERED CHARITY NUMBER: 1197061**
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2023
for
Discover U
Lewis Smith & Co. Chartered Certified Accountants The Old Doctor's House 74 Grange Road Dudley West Midlands DY1 2AW
Discover U
Contents of the Financial Statements for the Year Ended 31 December 2023
|||Page||
|---|---|---|---|
|Reference and Administrative Details||1||
|Report of the Trustees|2|to|3|
|Independent Examiner's Report||4||
|Statement of Financial Activities||5||
|Balance Sheet|6|to|7|
|Notes to the Financial Statements|8|to|15|
|Detailed Statement of Financial Activities|16|to|17|
Discover U
Reference and Administrative Details for the Year Ended 31 December 2023
## **TRUSTEES**
## **REGISTERED OFFICE**
Mr D Reynolds Ms K Jenkins Mr S Mills Mr S Smith 72 Bridgnorth Road Wollaston West Midlands DY8 3PA
**REGISTERED COMPANY** CE027569 (England and Wales) **NUMBER**
## **REGISTERED CHARITY NUMBER** 1197061
## **INDEPENDENT EXAMINER**
Lewis Smith & Co. Chartered Certified Accountants The Old Doctor's House 74 Grange Road Dudley West Midlands DY1 2AW
Page 1
Discover U
for the Year Ended 31 December 2023
## Report of the Trustees
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the CIO are to provide work related experience to adults with some level of learning disability or others similarly disadvantaged because of physical disability.
The charity aims to relieve the needs of disabled people by:
1) providing education, training and support for people with a learning disabilities.
2) by helping to find work placements and where possible paid work for said people.
## **Significant activities**
The charity runs a tearoom, workshop and retail shop to impart social, emotional and employability skills for those with a learning disability.
## **Charity Commission guidance on public benefit**
Trustees have been advised of their responsibilities regarding their roles and have read the Charity Commission guidance.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The charity has further increased the number of members accessing the service compared to last year by virtue of opening DU2 in Stourbridge and also adding members in Wollaston. The member numbers at the end of December was 88, which translates to 1,158 hours of support per week.
The charity has acquired the lease on an additional property at 68 High Street, Wollaston to serve as a life skills centre for a twelve month period from April 2023, with intent to increase to a longer term agreement in 2024.
## **Achievements against objectives set**
DU2 continues to develop. It has successfully increased the number of members and successfully opened an IT suite.
The agreement of new lease at at 68 High Street, Wollaston as mentioned above.
## **Performance of fundraising activities against objectives set**
The final lottery payment due in January 2024 and the charity received a £25k award from Eveson trust during the year.
## **FINANCIAL REVIEW**
## **Financial position**
During the year ended 31st December 2023 the charity received income amounting to £445,232 (2022 - £393,107) and had expenditure incurred in pursuit of the charity's objects of £439,293 (2022 - £392,582).
Therefore, the charity's surplus for the year was £5,939 (2022 - £525) and at the year end date the funds of the charity were £135,375 (2022 - £128,911).
Based on the above the trustees are satisfied that the charity has showed that it has a stable financial income with no deficits and looks stable for the coming year.
## **Principal funding sources**
The charity's principle sources of funding come from member income, tearoom income, craft income, donations and grants.
Page 2
Discover U
for the Year Ended 31 December 2023
## Report of the Trustees
## **FINANCIAL REVIEW**
## **Reserves policy**
We ideally look to hold three months of reserves for the charity to cover bills and salaries. At the year end the reserves of the charity were equal to around 3.5 months of expenses. Our reserves continue to be maintained at similar levels to the previous year.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The charity is a Charitable Incorporated Organisation (CIO) and was registered on 13 December 2021.
## **Trustees Information**
The names of the trustees are listed on page one within Reference and Administrative Details.
## **Induction and training of new trustees**
Typically, we would recruit from people who are known to DiscoverU and have some experience relative to our cause. As per our governing document when selecting individuals for appointment any new charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
## **Key management**
The charity is mainly run by its Chief Officer Jennifer Bradley, who is not a trustee of the charity.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mr S Smith - Trustee
Page 3
Independent Examiner's Report to the Trustees of Discover U
## **Independent examiner's report to the trustees of Discover U ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Craig Alan Beale ACCA The Association of Chartered Certified Accountants
Lewis Smith & Co. Chartered Certified Accountants The Old Doctor's House 74 Grange Road Dudley West Midlands DY1 2AW
Date: .............................................
Page 4
Discover U
## Statement of Financial Activities
## for the Year Ended 31 December 2023
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
9,525
Other trading activities
3
361,614
Other income
1,451
**Total**
372,590
**EXPENDITURE ON**
Trading activities
238,589
**Charitable activities**
Other expenses
146,437
**Total**
385,026
**NET INCOME/(EXPENDITURE)**
(12,436)
**RECONCILIATION OF FUNDS**
Total funds brought forward
121,936
**TOTAL FUNDS CARRIED FORWARD**
109,500|Period
13.12.21
Year Ended
to
31.12.23
31.12.22
Restricted
Total
Total
funds
funds
funds
£
£
£
72,642
82,167
75,800
-
361,614
314,732
-
1,451
2,575
72,642
445,232
393,107
48,892
287,481
267,904
5,375
151,812
124,678
54,267
439,293
392,582
18,375
5,939
525
7,500
129,436
128,911
25,875
135,375
129,436|Period
13.12.21
Year Ended
to
31.12.23
31.12.22
Restricted
Total
Total
funds
funds
funds
£
£
£
72,642
82,167
75,800
-
361,614
314,732
-
1,451
2,575
72,642
445,232
393,107
48,892
287,481
267,904
5,375
151,812
124,678
54,267
439,293
392,582
18,375
5,939
525
7,500
129,436
128,911
25,875
135,375
129,436|
|---|---|---|
|||393,107|
|||267,904
124,678|
|||392,582|
|||525
128,911|
|||129,436|
The notes form part of these financial statements
Page 5
Discover U
## Balance Sheet
## 31 December 2023
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
8
46,839
**CURRENT ASSETS**
Stocks
9
800
Debtors
10
43,003
Cash at bank and in hand
25,811
69,614
**CREDITORS**
Amounts falling due within one year
11
(6,953)
**NET CURRENT ASSETS**
62,661
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
109,500
**NET ASSETS**
109,500
**FUNDS**
13
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
5,625
-
-
20,250
20,250
-
20,250
25,875
25,875|31.12.23
Total
funds
£
52,464
800
43,003
46,061
89,864
(6,953)
82,911
135,375
135,375
109,500
25,875
135,375|31.12.22
Total
funds
£
60,104
500
38,758
36,969
76,227
(6,895)
69,332
129,436
129,436
121,936
7,500
129,436|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
Discover U
Balance Sheet - continued
## 31 December 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr S Smith - Trustee
The notes form part of these financial statements
Page 7
Discover U
Notes to the Financial Statements for the Year Ended 31 December 2023
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Grants are credited to the Statement of Financial Activates when received. Grants not yet received for expenditure already incurred are recognised as accrued income to match the related expenditure in the Statement of Financial Activates.
Craft and tea room sales income is credited to the Statement of Financial Activates when received.
Members fees income received through the provision of the charity's services are credited to the Statement of Financial Activates in the period to which it relates.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Improvements to property|- Straight line over the period of lease|
|---|---|
|Plant and machinery|- 25% on reducing balance|
|Fixtures and fittings|- 25% on reducing balance|
|Motor vehicles|- 25% on reducing balance|
|Computer equipment|- 30% on cost|
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities. The small trading exemption applies to the charity's trading activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 8
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Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Donated goods**
Due to the charity's size, volunteer services are not valued in the financial statements as it is considered that the cost of doing so would be out of proportion to the benefit derived.
## **2. DONATIONS AND LEGACIES**
## **3.**
|Year Ended
31.12.23
£
Donations
9,525
Grants
72,642
82,167
Grants received, included in the above, are as follows:
Year Ended
31.12.23
£
National Lottery Community Fund
44,142
Dudley MBC
-
DPD Community Fund
2,500
Evesson Trust
25,000
Christmas Fund
1,000
72,642
**OTHER TRADING ACTIVITIES**
Year Ended
31.12.23
£
Craft sales
13,725
Tea room sales
45,464
Member fees
302,425
361,614|Period
13.12.21
to
31.12.22
£
23,333
52,467
75,800
Period
13.12.21
to
31.12.22
£
37,467
15,000
-
-
-
52,467
Period
13.12.21
to
31.12.22
£
18,585
45,016
251,131|
|---|---|
||314,732|
continued...
Page 9
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Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **4. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|||Period|
|---|---|---|
|||13.12.21|
||Year Ended|to|
||31.12.23|31.12.22|
||£|£|
|Depreciation - owned assets|17,482|15,714|
|Surplus on disposal of fixed assets|-|(2,119)|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the period ended 31 December 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the period ended 31 December 2022.
## **6. STAFF COSTS**
|Year Ended
31.12.23
£
Wages and salaries
284,263
Social security costs
11,674
Other pension costs
3,875
299,812
The average monthly number of employees during the year was as follows:
Year Ended
31.12.23
Average number of employees
20|Period
13.12.21
to
31.12.22
£
268,040
10,277
3,422|
|---|---|
||281,739|
||Period
13.12.21
to
31.12.22
19|
No employees received emoluments in excess of £60,000.
## **Key Management Personnel**
In the year, the total aggregate costs relating to key management personnel (which is considered to be the charity's Chief Officer) were £34,329 (2022 - £33,198). This cost includes gross salary and employers national insurance (no pension contributions made). The Chief Officer is not a trustee of the charity.
continued...
Page 10
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## Notes to the Financial Statements - continued for the Year Ended 31 December 2023
|**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
fund
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
8,333
67,467
Other trading activities
314,732
-
Other income
2,575
-
**Total**
325,640
67,467
**EXPENDITURE ON**
Trading activities
220,437
47,467
**Charitable activities**
Other expenses
107,178
17,500
**Total**
327,615
64,967
**NET INCOME/(EXPENDITURE)**
(1,975)
2,500
**RECONCILIATION OF FUNDS**
Total funds brought forward
123,911
5,000
**TOTAL FUNDS CARRIED FORWARD**
121,936
7,500
**8.**
**TANGIBLE FIXED ASSETS**
Improvements
to
Plant and
property
machinery
£
£
**COST**
At 1 January 2023
51,156
4,428
Additions
9,076
-
At 31 December 2023
60,232
4,428
**DEPRECIATION**
At 1 January 2023
10,231
3,813
Charge for year
12,046
154
At 31 December 2023
22,277
3,967
**NET BOOK VALUE**
At 31 December 2023
37,955
461
At 31 December 2022
40,925
615|Total
funds
£
75,800
314,732
2,575|
|---|---|
||393,107|
||267,904
124,678|
||392,582|
||525
128,911|
||129,436|
||Fixtures
and
fittings
£
8,311
766
9,077
4,985
944
5,929
3,148
3,326|
continued...
Page 11
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Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **8. TANGIBLE FIXED ASSETS - continued**
|**COST**
At 1 January 2023
Additions
At 31 December 2023
**DEPRECIATION**
At 1 January 2023
Charge for year
At 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022
**9.**
**STOCKS**
Stocks
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Accrued income
Prepayments|Motor
Computer
vehicles
equipment
Totals
£
£
£
14,280
5,532
83,707
-
-
9,842
14,280
5,532
93,549
3,570
1,004
23,603
2,678
1,660
17,482
6,248
2,664
41,085
8,032
2,868
52,464
10,710
4,528
60,104
31.12.23
31.12.22
£
£
800
500
31.12.23
31.12.22
£
£
12,823
12,041
19,138
20,322
11,042
6,395
43,003
38,758|Totals
£
83,707
9,842|
|---|---|---|
|||93,549|
|||23,603
17,482|
|||41,085|
|||52,464|
|||60,104|
|||38,758|
continued...
Page 12
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Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Social security and other taxes
Pension creditor
Accrued expenses
**12.**
**LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years
**13.**
**MOVEMENT IN FUNDS**
At 1.1.23
£
**Unrestricted funds**
General Fund
121,936
**Restricted funds**
National Lottery Community Fund
-
Restricted Donations Fund
7,500
Evesson Trust Fund
-
7,500
**TOTAL FUNDS**
129,436|31.12.23
£
87
3,585
761
2,520
6,953
31.12.23
£
37,750
74,000
111,750
Net
movement
in funds
£
(12,436)
1,500
(1,875)
18,750
18,375
5,939|31.12.22
£
597
3,227
677
2,394
6,895
31.12.22
£
39,250
111,750|
|---|---|---|
|||151,000|
|||At
31.12.23
£
109,500
1,500
5,625
18,750|
|||25,875|
|||135,375|
continued...
Page 13
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Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **13. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
National Lottery Community Fund
Restricted Donations Fund
DPD Community Fund
Evesson Trust Fund
Christmas Fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General Fund
**Restricted funds**
Restricted Donations Fund
**TOTAL FUNDS**|Incoming
resources
£
372,590
44,142
-
2,500
25,000
1,000
72,642
445,232
At
13.12.21
£
123,911
5,000
128,911|Resources
Movement
expended
in funds
£
£
(385,026)
(12,436)
(42,642)
1,500
(1,875)
(1,875)
(2,500)
-
(6,250)
18,750
(1,000)
-
(54,267)
18,375
(439,293)
5,939
Net
movement
At
in funds
31.12.22
£
£
(1,975)
121,936
2,500
7,500
525
129,436|
|---|---|---|
continued...
Page 14
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Notes to the Financial Statements - continued for the Year Ended 31 December 2023
## **13. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
National Lottery Community Fund
Dudley MBC Fund
Restricted Donations Fund
**TOTAL FUNDS**|Incoming
resources
£
325,640
37,467
15,000
15,000
67,467
393,107|Resources
Movement
expended
in funds
£
£
(327,615)
(1,975)
(37,467)
-
(15,000)
-
(12,500)
2,500
(64,967)
2,500
(392,582)
525|
|---|---|---|
The charity has been in existence as an unincorporated charity since April 2016. In December 2021 it changed its status to a Charitable Incorporated Organisation (CIO). At this date the fund of the unincorporated charity were £128,911 and were transferred into the CIO.
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2023.
Page 15
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1
Detailed Statement of Financial Activities for the Year Ended 31 December 2023
|Detailed Statement of Financial Activities
for the Year Ended 31 December 2023|||
|---|---|---|
|||Period|
|||13.12.2|
||Year Ended|to|
||31.12.23|31.12.22|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|9,525|23,333|
|Grants|72,642|52,467|
||82,167|75,800|
|**Other trading activities**|||
|Craft sales|13,725|18,585|
|Tea room sales|45,464|45,016|
|Member fees|302,425|251,131|
||361,614|314,732|
|**Other income**|||
|Other income|1,451|2,575|
|**Total incoming resources**|445,232|393,107|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Craft purchases|6,017|5,105|
|Tea room purchases|16,195|14,358|
|Wages|248,505|233,202|
|Social security|9,598|8,175|
|Pensions|3,875|3,422|
|Member costs|3,291|3,642|
||287,481|267,904|
|**Support costs**|||
|**Other**|||
|Wages|35,758|34,838|
|Social security|2,076|2,102|
|Rent|39,807|23,550|
|Rates and water|2,959|2,184|
|Heat and light|11,009|5,596|
|Telephone and internet costs|1,858|1,302|
|Carried forward|93,467|69,572|
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1
## Detailed Statement of Financial Activities for the Year Ended 31 December 2023
|Detailed Statement of Financial Activities
for the Year Ended 31 December 2023|||
|---|---|---|
|||Period|
|||13.12.2|
||Year Ended|to|
||31.12.23|31.12.22|
||£|£|
|**Other**|||
|Brought forward|93,467|69,572|
|Postage and stationery|660|985|
|Insurance|7,001|4,591|
|Repairs and maintenance|6,982|11,805|
|Motor expenses|848|1,870|
|Travelling expenses|1,869|3,027|
|Computer and IT expenses|1,091|1,471|
|Equipment hire|346|-|
|Cleaning|5,298|4,361|
|Training costs|228|643|
|Refreshments|4,881|2,494|
|Bank charges and interest|2,833|1,612|
|Subscriptions|96|-|
|Accountancy|3,206|2,819|
|Legal and professional fees|534|759|
|Bad debts|2,069|2,320|
|Sundry expenses|2,921|2,754|
|Improvements to property|12,046|10,231|
|Plant and machinery|154|205|
|Fixtures and fittings|944|1,108|
|Motor vehicles|2,678|3,340|
|Computer equipment|1,660|830|
|Loss on sale of tangible fixed assets|-|(2,119)|
||151,812|124,678|
|Total resources expended|439,293|392,582|
|**Net income**|5,939|525|
This page does not form part of the statutory financial statements
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