OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-08-31-accounts

Report ofthe Trustees 1 to 2
Independent
Examiner's		 Report
Statement ofFinancial Activities
Statement ofFinancial Position
Notes to the Financial Statements 6 to 11
Detailed Statement ofFinancial Activities 12 to 13

for the Year Ended 31August 2023
2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes f f 8 8
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 52,625 31,534 84,159 54,831
Investment
income		 2 22,832 22,832 13,404
Total 75,457 31,534 106,991 58,235
EXPENDITURE ON
Raising funds 3 14,933 14,933 14,693
Charitable
activities
Provision oftransport for disabled persons 31,301 7,196 38,497 155,916
Governance
costs		 85,981 85,981 3,792
Total 132,215 7,196 139,411 174,401
Net gains/(losses)
on		 investments (134,220)
NET INCOME/(EXPENDITURE) (56,747) 24,338 (32,409) (240,386)
RECONCILIATION
OF FUNDS
Total funds brought forward 1,180,763 31,862 1,212,625 1,453,011
TOTAL FUNDS CARRIED FORWARD 1,124,016 56,200 1,180,216 1,212,625
Statement ofFinancial Position
31August 2023
2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes F 6 6
FIXEDASSETS
Tangible assets 7 25,154 9,889 35,043 73,620
Investments 8 1,021,529 1,021,529 1,032,403
1,046,683 9,889 1,056,572 1,106,023
CURRENT ASSETS
Debtors 9 6,308 6,308 13,733
Cash at bank 84,228 46,312 130,540 99,359
90,536 46,312 136,848 113,092
CREDITORS
Amounts
falling due within one year		 10 (13,203) (1) (13,204) (6,490)
NET CURRENT ASSETS 77,333 46,311 123,644 106,602
TOTAL ASSETS LESSCURRENT LIABILITIES 1,124,016 56,200 1,180,216 1,212,625
NET ASSETS 1,124,016 56,200 1,180,216 1,212,625
FUNDS
Unrestricted
funds:
General fund 1,124,016 1,180,763
Restricted funds:
Wales fund 56,200 31,862
TOTAL FUNDS 1,180,216 1,212,625

The average
monthly		 number of emp loyees
during the year		 was as follows:
2023 2022
Administrative
8 support		 3 3
No employees
received emoluments		 in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund
F		 fundf funds
9
INCOME AND ENDOWMENTS FROM
Donations and legacies 30,909 23,922 54,831
Investment
income		 13,404 13,404
Total 44,313 23,922 68,235
EXPENDITURE ON
Raising funds 14,693 14,693
Charitable
activities
Provision oftransport for disabled persons 145,601 10,315 155,916
Governance
costs		 3,792 3,792
Total 164,086 10,315 174,401
Net gains/(losses)
on		 investments (134,220) (134,220)
NET INCOME/(EXPENDITURE) (253,993) 13,607 (240,386)

a Bus Fund
to the Financial Statements
-continued
Year Ended 31August 2023		 a Bus Fund
to the Financial Statements
-continued
Year Ended 31August 2023		 a Bus Fund
to the Financial Statements
-continued
Year Ended 31August 2023
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
7 F 6
RECONCILIATION OF FUNDS
Total funds brought forward 1,434,756 18,255 1,453,011
TOTAL FUNDS CARRIED FORWARD 1,180,763 31,862 1,212,625
TANGIBLE FIXEDASSETS
Garage at Fixtures Motor Computer
cost &fittings vehicles equipment Totals
6 2 2
COST
At 1 September 2022 466 506,615 3,179 510,260
Additions 494 494
Disposals (57,903) (57,903)
At 31 August 2023 494 448,712 3,179 452,851
DEPRECIATION
At 1 September 2022 436,001 639 436,640
Charge for year 21 38,255 795 39,071
Eliminated
on disposal		 (57,903) (57,903)
At 31 August 2023 21 416,353 1,434 417,808
NET BOOK VALUE
At 31 August 2023 466 473 32,359 1,745 35,043
At 31 August 2022 70,614 2,540 73,620
FIXEDASSET INVESTMENTS
Listed Cash
investments account Totals
2 5
MARKET VALUE
At 1 September 2022 943,468 88,935 1,032,403
Additions 1,257,868 1,257,868
Disposals (1,204,926) (1,204,926)
Revaluations (60,734) (60,734)
Net movement (3,082) (3,082)
At 31August 2023 935,676 85,853 1,021,529
NET BOOK VALUE
At 31August 2023 935,676 85,853 1,021,529
At 31August 2022 943,468 88,935 1,032,403

Cost or valuat i on
at 31		 Au gust 2 023 is represented
by:
Listed Cash
investments account Totals
f 5
Valuation
in 2023		 11 (3,082) (3,071)
Cost 935,665 88,935 1,024,600
935,676 85,853 1,021,529
9. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
8 f
Other debtors 311 7,802
Prepayments &accrued income 5,997 5,931
6,308 13,733
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
5
Trade creditors 1,633 328
Other creditors 11,571 6,162
13,204 6,490
11. MOVEMENT IN FUNDS
Net
movement At
At 1.9.22 in funds
8		 31.8.23
f
Unrestricted funds
General fund 1,180,763 (56,747) 1,124,016
Restdcted funds
Wales fund 31,862 24,338 56,200
TOTALFUNDS 1,212,625 (32,409) 1,180,216
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources
f		 expended
E		 losses
5		 in funds
E
Unrestricted funds
General fund 75,457 (132,215) (56,747)
Restricted funds
Wales fund 31,534 (7,196) 24,338
TOTAL FUNDS 106,991 (139,411) 11 (32,409)

Comparatives for move me nt
in funds
Net
movement At
At 1.9.21
f		 in funds
f		 31.8.22
f.
Unrestricted funds
General fund 1,434,756 (253,993) 1,180,763
Restricted funds
Wales fund 18,255 13,607 31,862
TOTAL FUNDS 1,453,011 (240,386) 1,212,625
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources
f		 expended
E		 losses
8		 in funds
f
Unrestricted funds
General fund 44,313 (164,086) (134,220) (253,993)
Restricted funds
Wales fund 23,922 (10,315) 13,607
TOTAL FUNDS 68,235 (174,401) (134,220) (240,386)
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1.9.21 in funds 31.8.23
F E
Unrestricted funds
General fund 1,434,756 (310,740) 1,124,016
Restricted funds
Wales fund 18,255 37,945 56,200
TOTAL FUNDS 1,453,011 (272,795) 1,180,216


as follows:



,
Incoming Resources Gains and Movement
resources
6		 expended losses
f		 in funds
F
Unrestricted funds
General fund 119,770 (296,301) (134,209) (310,740)
Restricted funds
Wales fund 55,456 (17,511) 37,945
TOTAL FUNDS 175,226 (313,812) (134,209) (272,795)

2023f 2022f
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 65,367 38,917
Grants 18,792 15,914
84,159 54,831
Investment
income
Rents received 1,760 1,760
Dividends
8 interest received		 20,848 11,617
Deposit account interest 224 27
22,832 13,404
Total incoming resources 106,991 68,235
EXPENDITURE
Investment
management		 costs
Porffolio management 11,513 14,693
Charitable
activities
Salaries &wages 49,591 46,357
Pensions 998 880
Rent payable 2,145 1,641
Insurance 25,418 25,525
Internet
&telephone		 1,703 1,649
Postage,
printing
8 stationery		 2,390 2,934
Maintenance
ofmotor		 vehicles 18,255 15,889
Motor &travelling
expenses		 1,586 428
Advertising
&publicity		 costs 1,102 1,619
Cleaning 23
Repairs &renewals 1,080
Computer expenses 2,758 1,963
Payroll administration 605 605
Sundry expenses 4,063 3,172
Profit on sale ofvehicles (27,131)
Depreciation
offixtures &fittings		 21
Depreciation
ofmotor		 vehides 38,255 52,831
Depreciation
ofcomputer		 equipment 795 408
Donations 15
123,657 155,916
Supportcosts
Governance costs
Accountancy fees 4,241 3,792
Total resources expended 139,411 174,401
Net expenditure
before gains and losses		 (32,420) (106,166)
Realised recognised gains and losses
Carried forward (36,661) (109,958)
for the Year E nded 3 1August 2023
2023 2022
Realised recognised gains and losses
Brought forward (36,661) (109,958)
Gains/(losses) on fixed asset investments 11 (134,220)
Netexpenditure (32,409) (240,386)