**CLEVELAND SCIENTIFIC INSTITUTION (A company limited by guarantee)**
**102[nd] Report and Financial Statements**
**Year ended 30th June 2023**
**Company Registration No: 191037 Charity Registration No: 250599**
1
**CLEVELAND SCIENTIFIC INSTITUTION (A company limited by guarantee)**
## **102[nd] Report and Financial Statements**
**Year ended 30th June 2023**
## **CONTENTS**
|Report of the Management Committee|3-11|
|---|---|
|Independent Examiner’s Report|12|
|Statement of financial activities|13|
|Balance sheet|14|
|Notes forming part of the financial statements|15-18|
2
## **CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT**
## **REFERENCE & ADMINISTRATIVE INFORMATION**
**The Council has pleasure in submitting its 102[nd] Annual Report to the members of the Institution covering the year to 30th June 2023.**
## **COUNCIL (Directors and Trustees)**
|President|J McGinnis|
|---|---|
|Vice President|J Rout|
|Secretary|W Suthers|
|**Representatives of the Member Societies**||
|Cleveland Institution of Engineers|S M Parker|
||M Lewis|
||J Rout|
||A Kirk|
|Insurance Institute of Middlesbrough|C N Heslop|
|Institute of Physics|A C Brabbs|
|Institution of Chemical Engineers|A P Northey|
|Institution of Civil Engineers|S J Kellerman|
|Institution of Engineering and Technology|D Young|
|Institution of Mechanical Engineering|T B Bradley|
|Royal Society of Chemistry|J McGinnis|
|Teesside University|N Dawood|
|Chartered Quality Institute||
|Energy Institute||
|Institute of Measurement and Control|C Howard|
|Welding Institute||
|**Ex Officio (Past Presidents)**||
||A C Tickner|
|Appointed in Accordance with the Articles of Association|W Suthers|
3
## **CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT (Continued)**
## **OFFICERS AND ADVISERS**
## **Honorary Treasurer**
W Suthers Orchard House Newton under Roseberry TS9 6QR
## **Honorary Secretary**
W Suthers Orchard House Newton under Roseberry TS9 6QR
## **Bankers**
Virgin Money Linthorpe Road Middlesbrough TS1 1RF
## **Independent Examiner**
Graham Fitzgerald, BA FCA DChA Azets Audit Services Wynyard Park House Wynyard Avenue, Wynyard TS22 5TB
## **Stockbrokers**
Redmayne Bentley LLP Church House, College Square, Stokesley Middlesbrough TS9 5DN
**Company Registration Number: 191037 Charity Registration Number: 250599**
4
## **CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT (Continued)**
## **MEMBER SOCIETIES**
**Cleveland Institution of Engineers** Materials Processing Institute Eston Road, Grangetown, Middlesbrough, TS6 6US **Chartered Quality Institute** Chancery Exchange, 10 Furnival St, London EC4A 1AB **Energy Institute** 61 New Cavendish Street London,W1G 7AR **Insurance Institute of Middlesbrough** Tim Allen 18 Stotfield Walk Acklam Middlesbrough TS5 8RP **Institute of Measurement and Control** Mike Vowell, 26 Pentland Avenue, Redcar, TS10 4HD **Institute of Physics** Alex Brabbs 76 Portland Place London, W1B 1NT **Institution of Civil Engineers** Room 2Q8 Drummond Building School of Civil Engineering and Geosciences Newcastle University Claremont Road Newcastle upon Tyne NE1 7RU **Institution of Chemical Engineers** Membership Department, Davis Building, Rugby, CV21 3HQ **Institution of Engineering and Technology** David Young, 52 Rushmere, Marton, Middlesbrough, TS8 9XL **Institution of Mechanical Engineers** 28 The Poplars Wolviston Stockton on Tees TS22 5LY **Royal Society of Chemistry** Membership Department, Thomas Graham House, Science Park, Milton Road, Cambridge, CB4 0WF **Teesside University** Teesside University Middlesbrough, TS1 3BA **Welding Institute** Don Atkinson Aurora Court, Barton Road Riverside Park Middlesbrough TS2 1RY
**Applications for membership of any of the above should be made to the address shown.**
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**CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT (Continued)**
## **YEAR ENDED 30th JUNE 2023**
## **About the Institution**
The Institution is registered as a Company Limited by Guarantee. In the event of the Institution being wound up, each member is liable to pay an amount, not exceeding £10 for up to one year after ceasing to be a member.
The Institution was registered in 1923 as the Cleveland Scientific & Technical Institution and in 1965 changed its name to the Cleveland Scientific Institution. It is governed by Articles of Association and By-Laws adopted in 2015.
## **Articles of Association and Membership**
The Objects have recently been updated to reflect that the Institution currently is now largely a grant giving body in relation to encouraging people (especially young people) to take up STEM subjects as a career and also to encourage research in those subjects. Membership had been open to members of the then subscribing societies. It proved impossible to keep a check on these, so it was decided to make the Societies themselves the members. The remainder of the new Articles reflect the standard ones issued by the Charities Commission.
## **Objective of the Institution**
The objective of the Institution is the advancement of Science, Technology, Engineering and Mathematics and related subjects including their application in education, industry and practice amongst the public and professionals within the Tees Valley (currently defined as the unitary authorities of Darlington, Stockton on Tees, Hartlepool, Middlesbrough and Redcar and Cleveland and surrounding areas, including Richmond and Whitby).
The Council have considered the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing its aims and objectives in planning its future activities.
The Institution is governed by the Council, which meets regularly. The day-to-day affairs of the Institution are carried out on its behalf by Teesside University. Members of the Council assist in specific tasks and serve on various Committees which meet as required and as the Institution requires from time to time.
## **Powers of Investment and Investment Policy**
The Council’s powers of investment are laid out by the Articles of Association. These powers require it to invest the monies of the Institution not immediately required for its purposes in or upon such investments, securities or property as may be thought fit.
Until 2013, there had been no investment policy in operation other than to invest in Government Stock. To safeguard the future of the finances of the Institution, a formal policy was drawn up. This states that the Institution should invest in a diverse range of investments. The aim is to provide a growing income stream (to combat inflation) and try to maintain the current level of its capital base. Other than Government Stocks, the investments were initially restricted to Investment Trusts. Recently, as the main holding in Government Stocks have become ‘medium term’ the sale of these and reinvestment of funds has been delegated to the Institution’s broker, Redmayne Bentley. No new investment shall be worth 10% or more of the total value at the time of investment. The full policy is set out on the Institution’s website and is subject to revision through a resolution at the AGM **.**
6
## **CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT (Continued)**
## **YEAR ENDED 30th June 2023**
## **Conflicts of Interest Policy**
The Institution is mindful of the need to avoid conflicts of interest and to have a policy to state its position on the matter. Particularly in view of the fact Councillors are nominated by Member Societies, it is required that they identify possible conflicts and go on to prevent this affecting any decision by declaring the interest. Additionally, where decisions could result in benefits to a councillor this must also be declared. The policy goes on to require that any potential or actual conflicts of interest have to be recorded in the appropriate minutes.
## **Code of Conduct Policy**
The Institution works with affiliated societies and others to seek opportunities to advance STEM. It is always mindful that its Trustees act in a considerate and lawful manner. To this end it has drafted a policy for its Trustees to follow. It states that the Trustees must obey the law and abide by the rules laid down by their Institutes. The Trustees should take an active part in the affairs of the CSI, attend meetings, and take part in debates. They should also accept majority decisions and respect confidentiality of the Institution. The Policy was agreed Members at the Annual General Meeting in November 2016.
## **Review of the year**
The Institution looks for opportunities to advance the cause of the sciences through providing places and facilities for meetings and promotions by way of supporting lectures, exhibitions, and conferences especially where these are aimed at student and scholastic bodies and other organisations supporting young people. It also promotes sciences in schools by way of grants and attempts to ensure that otherwise disadvantaged scholars are the target or included in the projects so supported.
## **The Prestigious Lecture**
The 2022-3 Prestigious Lecture, organised by the Cleveland Institution of Engineers, was entitled “Net Zero”. It was delivered by Dr Chris Beck, the Group Director Clean Growth and Innovation at the Tees Valley Combined Authority. Dr Beck’s thesis was: The Tees Valley has huge ambitions – to become the world’s first Net Zero industrial cluster by 2040. Being home to one of the biggest industrial clusters in Europe, it is an obvious location to lead the UK’s net zero ambitions.
## **Alfred Clayton Hill and James Winship Jackson Awards**
The Cleveland Scientific Institution Alfred Clayton Hill Award is presented to an outstanding final year undergraduate student at Teesside University, who has shown most promise and drive in finding additional STEM related skills and experience beyond their academic studies, for example through voluntary work, summer placement, extra-curricular activity, etc.
In 2023 the winner of the ACH Prize (worth £600) was Ms L R Davison. The runners up (£50 each) were Mr M Patel, Mr K Davis and Mr P Hawkins.
The James Winship Jackson Presidential Award is awarded to an outstanding final year undergraduate student of Teesside University, who has completed a work placement of at least 12 weeks duration and shown additional initiative while on placement.
In 2023 the winner of the JWJ Prize was Ms L Chatt. The runners up (£50 each) were Mr S Majid, Mr J Tomlin and Mr S McGuinness.
7
## **Grants**
The application for CSI grants is promoted and overseen by a sub-committee of CSI. Appropriate projects are identified that meet the objectives of the Institution. Several projects were identified, and the following grants awarded:-
||**£**|
|---|---|
|**Grants Awarded**||
|**Greenpower Education Trust**|**1,782**|
|**Whitby Rotary Club- Technology Tournament**|**500**|
|**Teesmouth Field Centre**|**2,720**|
|**CIE Prestigious Lecture**|**198**|
|**CIEC**|**2,150**|
|**Linnet**|**4,000**|
|**Lottie Books**|**500**|
|**Rotary Club of Whitby**|**300**|
|**Total for the year**|**12,150**|
It remains a constant challenge to find worthwhile projects to maintain and develop the Institution’s profile. To this end a website has been set up at www.clevelandscientific.org.uk which details the Institution’s function. The website is currently being redeveloped and the Institution’s offer is being marketed directly through flyers to local councils, authorities and schools.
No donations were received during the year.
8
**CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT (Continued)**
## **YEAR ENDED 30th June 2023**
## **Membership**
The number of Member Societies on 30[th] June 2023 was 12.
## **Membership of the Council**
Members of Council are nominated by the member societies. Councillors also can be elected by the Council for their expertise.
During the year:
- A number of Members of Council resigned during the year and hence ceased to be Directors: V Ludlow; A McGlynn; J Noon; L Elliott; D Atkinson; G Fletcher; R M North; D A Mills; G Jones; K A Bell; P W Shelton.
All the remaining Directors were Directors for the whole of the year.
9
**CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT (Continued)**
## **YEAR ENDED 30th June 2023**
## **Statement of Council’s Responsibilities for Preparing Accounts**
The Members of Council (who are also Trustees and Directors of the Cleveland Scientific Institution for the purposes of Charity and Company Law) are responsible for preparing the Council’s Report and financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company and Charity law requires the Members of Council to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Institution and of the incoming resources and application of the same, including income and expenditure, of the Institution for that period. In preparing those financial statements the Members of Council are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Institution will continue in operation.
The Members of the Council are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Institution and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Institution and hence for taking reasonable steps for the prevention of fraud and other irregularities.
The present level of funding is adequate to support the continuation of the operation of the Institution for the medium term and the Council considers the financial position of the Institution to be satisfactory.
10
**CLEVELAND SCIENTIFIC INSTITUTION**
## **102[nd] ANNUAL REPORT (Continued)**
## **YEAR ENDED 30th June 2023**
## **Financial Matters**
Income for the year was £32,163 (2022, £30,628) all of which was from Investments – Interest from Government Securities and Share Dividends. Expenditure for the year totalled £20292 (2022, £28,174), including Grants were £12,150 (2022, £16,395) and Prizes £2,800 (2022, £0).
The value of the Institution’s investments declined during the year in line with changes in the FT100 index and significant uncertainty in the UK economy. The investments were valued at £715,861 (2022, £732,265). The bond which represents the Alfred Clayton Hill Award fund is now a medium-term stock.
This resulted in a total net movement in funds of £5,046, deficit (2022, £41,216, deficit).
The Alfred Clayton Hill Award Funds are consolidated in these accounts to comply with Charity Commission requirements. Separate accounts are provided for management purposes.
The Institution’s accounts are not audited but an Independent Examiner has been appointed to comply with the Charity Commission’s requirements.
## **Alfred Clayton Hill Award**
The Alfred Clayton Hill Award is governed by the terms of the will of the late Mr Walter Sacker Hill as varied by the Charities Commission in 1992 and is in the gift of the President of the Institution.
## _**Ac**_ **knowledgements**
The Council also thanks those Members of the Council who gave generously of their time in various individual capacities, on which it is not possible to put a value. In addition, the Council acknowledge the contribution made by Mrs Julie Shelton in her capacity as Administration Secretary and the honorary officers.
This Report has been prepared in accordance with the special provisions in Part 15 of the Companies Act, 2006, relating to small entities.
## **W Suthers Honorary Secretary**
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## **INDEPENDENT EXAMINER’S REPORT TO THE COUNCIL OF CLEVELAND SCIENTIFIC INSTITUTION**
I report to the Trustees on my examination of the financial statements of Cleveland Scientific Institution (the charitable company) for the year ended 30 June 2023.
## **Responsibilities and basis of report**
As the Trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charitable 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 the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner’s statement**
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 that in any material respect:
1. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements 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 financial statements 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 financial statements to be reached.
## **Graham Fitzgerald BA FCA DChA**
## **Azets Audit Services**
**Wynyard Park House Wynyard Avenue Wynyard TS22 5TB**
12
## **CLEVELAND SCIENTIFIC INSTITUTION**
## **STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account)**
## **YEAR ENDING 30th JUNE 2023**
||**Notes**|**Unrestricted**||
|---|---|---|---|
|||**Funds**|**Funds**|
|||**2023**|**2022**|
|||**£**|**£**|
|**INCOMING RESOURCES FROM GENERATED FUNDS**||||
|**Investment income**||||
|Returns on investment||32163|30628|
|||`──────`|`──────`|
|**TOTAL INCOMING RESOURCES**||32163|30628|
|||`══════`|`══════`|
|**RESOURCES EXPENDED**
|2|||
|**Costs of generating funds**||||
|**Charitable activities**||||
|Direct Expenditure in the furtherance of the|charity’s objects|19532
|27454|
|**Governance costs**||760
|720|
|||`──────`|`──────`|
|**TOTAL RESOURCES EXPENDED**||20292|28174|
|||`══════`|`══════`|
|**NET INCOMING RESOURCES**|3|11871|2454|
|Profit/(Loss) on Sale of Investments||
-|-|
|Profit/(Loss) on revaluation of investments|6|(16917)|(43670)|
|||`──────`|`──────`|
|**NET MOVEMENT IN FUNDS**||(5046)|(41216)|
|||`══════`|`══════`|
|**Total funds at 1st July 2022 brought forward**||765492|806708|
|||`══════`|`══════`|
|**Total funds at 30th June 2023 carried forward**||760446|765492|
|||`══════`|`══════`|
The Statement of Financial Activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities.
The notes on pages 15 to 18 form part of these statements.
13
**CLEVELAND SCIENTIFIC INSTITUTION**
## **BALANCE SHEET**
## **AS AT 30th JUNE 2023**
||||**2023**||**2022**|
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|5||-||-|
|Investments|6||715861||732265|
||||`──────`||`─────`|
||||715861||732265|
|**Current assets**||||||
|Cash at bank and in hand||46345||36578||
|**Creditors: amounts falling**|**due**|||||
|**within one year**|7|(1760)||(3351)||
|||`──────`||`────`||
|**Net current assets**|||44585||33227|
||||`──────`||`──────`|
|**Net assets**|||760446||765492|
||||`══════`||`══════`|
|**Unrestricted funds**||||||
|General funds|8||760446||765492|
||||`══════`||`══════`|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2023.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by the Trustees on………………………
………………………… J McGinnis
President
Company registration number 191037
14
**CLEVELAND SCIENTIFIC INSTITUTION**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30th JUNE 2023**
## **1. Accounting policies**
## **(a) Basis of Accounting**
The financial statements have been prepared in accordance with the charitable company's governing document, the Companies Act 2006 and "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)". The charitable company is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **(b) Going Concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **(c) Incoming Resources**
All incoming resources are included in the SOFA when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy for legacies. Entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.
## **(d) Resources Expended**
Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. Resources expended are allocated to the particular activity where the costs relate directly to that activity. However, expenses such as rent or rates and energy are apportioned as to floor space. Administration costs are split equally.
## **(e) Tangible Fixed Assets and Depreciation**
Tangible fixed assets are capitalised and included at cost including any incidental costs of acquisition.
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life at the following rate:
Furniture and Equipment
10 years.
## **(f) Unrestricted Funds**
Unrestricted Funds are donations and other incoming resources receivable or generated for the objects of the Charity without further specified purposes and are available as general funds.
15
## **CLEVELAND SCIENTIFIC INSTITUTION**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30th JUNE 2023**
## **(f) Investments**
All Investments are stated at market value. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.
## **2. Total resources expended**
|**Basis of**
**Charitable**
**Governance**
**Allocation**
**Activities**
**Costs**
**£**
**£**
Grants paid
Direct
12150
-
Awards
Direct
2800
-
Centenary costs
Direct
-
-
Insurances
Direct
1395
-
Administration
Direct
2013
-
Meeting Costs
Direct
1170
-
Website Costs
Direct
343
-
Miscellaneous Costs
Direct
13
-
Accountancy
Direct
-
760
Commission & charges Direct
(352)
-
Sponsorship
Direct
-
-
**Total Resources Expended**
19532
760
All of the above expenditure is in respect of unrestricted funds in both periods.
**3.**
**Net incoming resources for the year**
**2023**
**£**
This is stated after charging:
Independent Examiner’s remuneration
760|**2023**
**£**
12150
2800
-
1395
2013
1170
343
13
760
(352)
-
20292
**2022**
**£**
720|**2022**
**£**
16395
-
1348
1275
3526
-
-
-
720
4910
-|
|---|---|---|
|||28174|
||||
No emoluments or reimbursed expenses were paid to members or trustees of the management committee.
## **4. Taxation**
The charitable company is exempt from corporation tax on its charitable activities.
16
## **CLEVELAND SCIENTIFIC INSTITUTION**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30th JUNE 2023**
|**5.**|**Tangible fixed assets**|**Furniture &**|
|---|---|---|
|||**Equipment**|
|||**£**|
||**Cost**||
||At 1st July 2022 and 30th June 2023|275|
||**Depreciation**||
||At 1st July 2022 and 30th June 2023|(275)|
||**Net book value**|_______|
||At 30th June 2022 and 30th June 2023|-|
|||`══════`|
||There were no capital commitments at 30th June|2023 (2022 - £Nil).|
|**6.**|**Investments**|**2023**|**2022**|
|---|---|---|---|
|||**£**|**£**|
||**Redmayne Discretionary funds:-**|||
||At 30th June 2022|327916|352147|
||Purchased during the year|18879|-|
||Sale of Investments during the year|(20551)|-|
||Gain/(Loss) Realised during the year|1672|-|
||(Decrease)/Increase in investments from change in value|(26466)|(24231)|
||`──────`||`──────`|
||At 30th June 2023|301450|327916|
||`══════`||`══════`|
||**Redmayne Execution funds:-**|||
||At 30th June 2022|404093|423532|
||Purchased during the year|-|-|
||Sale of Investments during the year|-|-|
||Gain Realised during the year|-|-|
||(Decrease)/Increase in investments from change in value|9548|(19439)|
||`──────`||`──────`|
||At 30th June 2023|413641|404093|
||`══════`||`══════`|
||Cash for Investment|769|256|
||`══════`||`══════`|
||**Total Value of Investments at 30th June 2023**|715861|732265|
||`══════`||`══════`|
||**Historical cost of investments at 30th June 2023**|691558|669428|
||`══════`||`══════`|
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## **CLEVELAND SCIENTIFIC INSTITUTION**
## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30th JUNE 2023**
## **7. Creditors: amounts falling due within one year**
|||||||
|---|---|---|---|---|---|
|**Creditors: amounts**|**falling due w**|**ithin one year**|**2023**||**2022**|
||||**£**||**£**|
|Sundry Creditors||||-|-|
|Accruals|||1760
||3351|
||||`─────`||`─────`|
||||1760||3351|
||||`═════`||`═════`|
|**Movement in funds**|**– current year**|||||
||**At 1st July**|**Incoming**|**Outgoing**||**At 30th June**|
||**2022**|**Resources**|**Resources**|**Revaluations**|**2023**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|765492
|32163|(20292)|(16917)|760466|
||`══════`|`═════`|`═════`|`═════`|`═════`|
|**Movement in funds**|**– prior year**|||||
||**At 1st July**|**Incoming**|**Outgoing**||**At 30th June**|
||**2021**|**Resources**|**Resources**|**Revaluations**|**2022**|
||**£**|**£**|**£**|**£**|**£**|
|General funds|806708
|30628|(28174)|(43670)|765492|
||`══════`|`═════`|`═════`|`═════`|`═════`|
## **8. Movement in funds – current year**
## **9. Movement in funds – prior year**
## **9. Analysis of net assets between funds**
All funds are general unrestricted funds as noted in the balance sheet and movement in funds note.
18