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2023-08-31-accounts

Trustees Brother Francis
Brother Jacques
Brother Yannick
Brother Laurent
Brother James (Jim Hayes) (Appointed 1 January 2023)
Charity number 233881
Independent examiner Moore (South) LLP
The Quay
30 Channel
Way
Ocean Village
Southampton
SO143TG
Bankers HSBC
23Allerton
Road
Mossley
Hill
Liverpool
L182DA
Solicitors Paris Smith LLP
Number
1 London Road
Southampton
Hampshire
SO152AE

Unrestricted Unrestricted
funds funds
2023 2022
Notes
Income from:
Donations
and
legacies 39,743 37,151
Total income 39,743 37,151
Expenditure
on:
Charitable
activities
580,489 448,124
Total expenditure 580,489 448,124
Net expenditure and movement in funds (540,746) (410,973)
Reconciliation offunds:
Fund balances at 1 September 2022 4,333,765 4,744,738
Fund balances at 31August 2023 3,793,019 4,333,765

2023 2022
Notes
Fixed assets
Tangible assets 3,722,865 3,862,056
Current assets
Debtors 26,485 26,486
Cash at bank and in hand 50,269 453,623
76,754 480,109
Creditors: amounts falling due within 10
one year (6,600) (8,400)
Net current assets 70,154 471,709
Total assets less current liabilities 3,793,019 4,333,765
Net assets 3,793,019 4,333,765
The funds ofthe trust
Unrestricted funds 3,793,019 4,333,765
3,793,019 4,333,765

Unrestricted Unrestricted
funds funds
2023 2022
E
39,743 37,151

2023 2022
F
Direct costs
Depreciation
and
impairment 139,191 139,191
Donation to Charlton School 214,990 181,172
Rates and water 5,322 1,799
Light heat and power 10,063 13,768
Food and living expenses
42,466 46,000
Insurance 33,229 31,578
Maintenance 34,209 21,999
Transport 705 3,420
480,175 438,927
Share ofsupport and governance costs (see note 4)
Support 100,314 9,197
580,489 448,124
Analysis
by fund
Unrestricted
funds
580,489 448,124
4 Support costs allocated to activities
Total Total
2023 2022
Printing,
postage
and telephone 102
Accounting
and other
fees - governance 4,440 8,400
Foreign exchange difference 184 445
Bank charges 219 250
Legal and professional -governance 95,471
100,314 9,197

Tangible fix ed assets
Freehold
land
Fixtures and Total
and buildings fittings
E
Cost
At 1 September 2022 7,013,545 98,535 7,112,080
At 31August 2023 7,013,545 98,535 7,112,080
Depreciation and impairment
At 1 September 2022 3,151,489 98,535 3,250,024
Depreciation charged in the year 139,191 139,191
At 31August 2023 3,290,680 98,535 3,389,215
Carrying
amount
At 31 August 2023 3,722,865 3,722,865
At 31August 2022 3,862,056 3,862,056

8 Financial
in
struments
2023 2022
Carrying
amount of
financial assets
Instruments measured at fair value through profit or loss 50,268 453,623
Carrying
amount of
financial liabilities
Measured
at
fair value through profit or loss
- Other financial
liabilities
(6,600) (8,400)
9 Debtors
2023 2022
Amounts
falling due
within one year: f
Prepayments and accrued income 26,486 26,486
10 Creditors: amounts falling due within one year
2023 2022
Accruals and deferred income 6,600 8,400
11 Unrestricted funds
At 1 Incoming Resources At 31August
September resources expended 2023
2022
F
Designated -St Francis Xavier's College 21,589 21,589
General funds 4,312,176 39,743 (580,489) 3,771,430
4,333,765 39,743 (580,489) 3,793,019
Previous year: At 1 Incoming Resources At 31August
September resources expended 2022
2021
F
Designated 21,610 1 (22) 21,589
General funds 4,723,128 37,150 (448,102) 4,312,176
4,744,738 37,151 (448,124) 4,333,765

Analysis of net assets between funds
Unrestricted Designated Total
funds funds
2023 2023 2023
E
At 31August 2023:
Tangible assets 3,722,865 3,722,865
Current assets/(liabilities) 48,565 21,589 70,154
3,771,430 21,589 3,793,019
Unrestricted Designated Total
funds funds
2022 2022 2022
At 31August 2022:
Tangible assets 3,862,056 3,862,056
Current assets/(liabilities) 450,120 21,589 471,709
4,312,176 21,589 4,333,765