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|Legaland adm¡n¡strat¡veinformation|1|
|Trustees' Annual Report|2|
|lndependentexaminer's report|I|
|Statement offinancial activities|10|
|Balance sheet|1'l|
|Notestothefinancial statements|12|
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|||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||Funds|Funds|Funds|
||Nole||2023|2023|2023|
||||E|Ê|E|
|INCOMEFROM||||||
|Donations and legacies|2||89,889|19,700|109,589|
|Charitable activities|3||'t0,650|500|11,150|
|lnvestments: bank interest|||77||77|
|Otherincome||||||
|TOTALINCOME|||100,616|2O,2OO|120,916|
|EXPENDITURE ON:||||||
|Raising funds|4||13,674||13,674|
|Charitable activities||||||
|Employability|4||18,814|9,483|28,297|
|Mentoring|||10,849||10,849|
|lnsight|||3,084|10,717|13,801|
|Corporate engagement|||18,31'l||18,311|
||||51,058 2O,2OO||71,258|
|TOTALEXPENDITURE|||64,732|20,200|84,932|
|Net income/(expenditure) before||||||
|net gains/(losses) on investments|||35,884||35,884|
|NET TNCOME/(EXPENDTTURE) FOR||||||
|THE YEAR|||35,884||35,884|
|RECONCILIATIONOF FUNDS||||||
|TOTALFUNDSAT17AUGUST 2022||||||
|TOTALFUNDSAT31 AUGUST2023||r|35,884r|N¡tE|35,884|
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||Notes|||2023|
|---|---|---|---|---|
|||E||f|
|FIXED ASSETS|||||
|Tangible assets|11|||1,674|
|CURRENT ASSETS|||||
|Cash at bank and inhand||86,093|||
|CREDITORS:amounts fallingduewithinone year|12|(16,795)|||
|NET CURRENT ASSETS||||69,298|
|TOTALASSETS LESS CURRENTLIABILITIES||||70,972|
|CREDITORS:amounts fallingdueafterone year|13|||(35,088)|
|NET ASSETS|||I|35,884|
|FUNDS|||||
|Unrestricted funds:|||||
|General fund|14|||35,884|
||||Ê|35,884|
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|DONATIONS AND LEGACIES||||||
|---|---|---|---|---|---|
||Unrestricted||Restricted||Total|
|||Funds||Funds|Funds|
|||2023||2023|2023|
|||E||E|Ê|
|Trustsand foundations||59,500||19,700|79,200|
|Corporate donations||14,195|||14,195|
|lndividualdonations||2,923|||2,923|
||E|89,889|E|19,700Ê|109,589|
|INGOME FROMCHARITABLE ACTIVITIES||||||
||Unrestricted||Restricted||Total|
|||Funds||Funds|Funds|
|||2023||2023|2023|
|||Ê||E|Ê|
|Otherearned income||10,650||s00|11,150|
||Ê|10,650|Ê|500Ê|11,150|
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|ANALYSISOFEXPENDITURE||||||||
|---|---|---|---|---|---|---|---|
||||||Support&|||
||||||governance||Total|
||Staffcosts||Direct costs|||costs|2023|
|||Ê||Ê||Ê|r|
|Employability||15,117||6,977_||6,203|28,297|
|Mentoring||7,692||||3,157|10,849|
|lnsight||9,354||608||3,839|'13,801|
|Corporateengagement||12,983||||5,328|18,311|
|||45,146||7,585||18,527|71,258|
|Fundraising costs||8,883||1,146||3,645|13,674|
|Support& governance||'15,743||6,429||(22,1721||
||t|69,772|Ê|15,160|Ê|N¡lÊ|84,932|
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|STAFFCOSTSAND NUMBERS|||||
|---|---|---|---|---|
||Unrestricted||Restricted|Total|
|||Funds|Funds|Funds|
|||2023|2023|2023|
|||Ê|r|Ê|
|Salarycosts|||||
|Wagesand salaries||49,720|19,600|69,320|
|Social security costs||452||452|
||Ê|50,172|Ê19,600Ê|69,772|
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|SUPPORT AND GOVERNANCECOSTS|||
|---|---|---|
|||Total|
|||Funds|
|||2023|
|||t|
|Programme freelance||370|
|Accountancy||600|
|lndependent examination||I,200|
|Training||364|
|DBS||90|
|Otherprogramme costs||93|
|lTandequipment||61|
|lnsurance||459|
|Entertaining||164|
|DuesandSubscriptions||1,925|
|BankandPayPal Fees||20|
|Otheroffice costs||325|
|Depreciation||758|
|Staffsupport costs||15,743|
||t|22,172|
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|TANGIBLEFIXEDASSETS|||
|---|---|---|
|||Office|
|||equipment|
|||t|
|Cost|||
|Additions -netvalueof assetsdonatedfrom the CIC||2,432|
|Depreciation|||
|Charge fortheperiod||758|
|At 31 August 2023|r|758|
|Netbook value|||
|At16August 2022|||
|At 31 August 2023||1,674|
|CREDITORSTAMOUNTS FALLINGDUE WITHINONE YEAR|||
|||2023|
|||E|
|Socialsecurity and othertaxes||3,592|
|Bankloan repayable in oneyear||11,403|
|Accruals||1,800|
||t|16,795|
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|Amountdueinoneyeart||11,403|
|---|---|---|
|Amountdueintwo tofiveyears||35,088|
||Ê|46,491|
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|STATEMENTOF FUNDS|||||||
|---|---|---|---|---|---|---|
||||||Transfersand||
|||Brought|lncoming|Resources¡nvestment|||
|||Forward
Ê|Resources
Ê|Expendedgains/(losses)
8Ê|||
|RESTRICTED FUNDS|||||||
|AwardsforAll|||9,700|(9,700)|||
|Peabody|||10,500|(10,500)|||
||Ê|Nifî.|
20,200|E(20,200)|Ê|Nil|
|SUMMARY OF FUNDS|||||||
|General Funds
Restricted Funds||-|100,616(64,7321
20,200(20,200)||||
||||||Ê|N¡I|
|Restricted funds|-i¡--120-.8-i0---@F3Ð||||||
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|ANALYSISOF NETASSETS BETWE|ENFU|NDS|NDS||||
|---|---|---|---|---|---|---|
|||UnrestrictedFunds|||||
||Designated
Funds
ÊÊ||General
Funds|Restricted
Funds
Ê||Total
Funds
Ê|
|Tangible fixed assets|||1,674|||1,674|
|Net current assets|||69,298|||69,298|
|Creditors due in morethanoneyear|||(35,088)|||(35,088)|
||Ê|N¡lI|35,884|E|NiI Ê|35,884|
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||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||2023f|2023
Ê|2023
f|
|Netmovementinfunds||35,884||35,884|
|Netexpenditureon additions for theyear||1,674||1,674|
||E|37,558Ê|Nil|E----fiF5B-|
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||Unrestricted
Funds
E|RestrictedTotal Funds
Funds
2023
8Ê|RestrictedTotal Funds
Funds
2023
8Ê|RestrictedTotal Funds
Funds
2023
8Ê|
|---|---|---|---|---|
|INCOMEFROM|||||
|Grantfunding|52,500||19,700|72,2O0|
|Donations and sponsorship|37,389|||37,389|
|Operational income|||||
|Other earned income|10,650||500|I1,150|
|Bank interest|77|||77|
|TOTAL INCOME|100,616||20,200|120,816|
|EXPENDITUREON|||||
|Staff costs|||||
|Grosswages|45,720||19,600|69,320|
|Employer'sNl||||452|
|Pensions|||||
|Mentee Work Experience Wages|||||
|Freelance staff|||||
|Programmes freelancestaff|4,467|||4,467|
|Accountancy|600|||600|
|Other staff costs|||||
|Training|364|||364|
|DBS|90|||t:|
|Uniform|||||
|Programme costs|||||
|Programme Delivery Costs|2,369||251|2,620|
|Programme travel, incl Oystercardtop-ups|801||197|998|
|Marketing and promotion|434||118|552|
|Programme resources and materials|15|||15|
|Youth Bursary|63||34|97|
|Other prgramme costs|33|||33|
|General running costs|||||
|lT and computer costs|383|||383|
|lnsurances|459|||459|
|Entertaining|164|||164|
|Duesand Subscriptions|1,925|||1,925|
|Bankand PayPalFees|20|||20|
|Charitable Conlributions|||||
|Other office costs|326|||326|
|Oiher Professional Services|||||
|Priniing, Postage and Stationery|||||
|Refreshments|89|||89|
|Depreciation|758|||758|
|Sundry|||||
|Audit/lndependentExamination|1,200|||1,2O0|
|TOTAL EXPENDITURE|64,732||2O,2O0|84,932|
|Netincomebeforetransfers|35,884|||35,884|
|Transfers between funds|||||
|NETMOVEMENT IN FUNDS|35,884|||35,884|
|TOTALFUNDSAT17AUGUST2022|||||
|TOTAL FUNDS AT 31MARCH|35,894|||35,884|