2023-04-30-accounts

			Page
Report ofthe Trustees
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		5	to	10
Detailed Statement of Financial Activities

	f	or the Year	Ended 30 April	2023
					30/4/23	30/4/22
			Unrestricted	Restricted	Total	Total
		Notes	fund E	fund 6	funds E	fundsf
Income and endowments	from
Donations and legacies			26,576	27,400	53,976	29,656
Other trading activities		2	6,701		6,701	15,040
Investment income		3	56		56	6
Total			33,333	27,400	60,733	44,702
Expenditure on
Raising funds			839		839
Charitable activities
Charitable activities			46,693	5,906	52,599	47,443
Total			47,532	5,906	53,438	47,443
NET INCOME/(EXPENDITURE)			(14,199)	21,494	7,295	(2,741)
Reconciliation offunds
Total funds brought forward			102,184	57,520	159,704	162,445
Total funds carried forward			87,985	79,014	166,999	159,704

						30/4/23	30/4/22
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	6	8	8	8
Fixed assets
Tangible assets			8	56,588	79,577	136,165	68,531
Current assets
Debtors			9	3,285		3,285	16,996
Cash at bank				59,072	42,394	101,466	75,664
				62,357	42,394	104,751	92,660
Creditors
Amounts falling due within		one year	10	(30,960)	(42,957)	(73,917)	(1,487)
Net current	assets			31,397	(563)	30,834	91,173
Total assets	less current	liabilities		87,985	79,014	166,999	159,704
NET ASSETS				87,985	79,014	166,999	159,704
Funds			12
Unrestricted	funds					87,985	102,184
Restricted funds						79,014	57,520
Total funds						166,999	159,704

	for the Year Ended 30April 2023
Other trading activities
		30/4/23	30/4/22
		E
Fundraising events		2,025	4,167
Other income		4,676	10,873
		6,701	15,040
Investment income
		30/4/23	30/4/22
		8
Deposit account interest		56	6
Net income/(expenditure)
Net income/(expenditure)	is stated after charging/(crediting):
		30/4/23	30/4/22
		f	E
Depreciation - owned assets		14,782	7,177
Deficit on disposal offixed	assets	839

No employees	received emoluments	received emoluments	received emoluments	in excess ofF60,000.
Comparatives	for the statement		of	financial activities
					Unrestricted	Restricted	Total
					fund	fund	funds
					E	E	E
Income and	endowments	from
Donations and legacies					29,656		29,656
Other trading	activities				15,040		15,040
Investment income					6		6
Total					44,702		44,702
Expenditure	on
Charitable activities
Charitable activities					47,319	124	47,443

					Unrestricted	Restricted	Total
					fund	fund	funds
					E	E	8
	NET INCOME/(EXPENDITURE)				(2,617)	(124)	(2,741)
	Reconciliation	offunds
	Total funds brought		forward		104,801	57,644	162,445
	Total funds carried forward				102,184	57,520	159,704
8.	Tangible fixed	assets
				Freehold	Plant and	Motor
				property	machinery	vehicles	Totals
				8	E		E
	Cost
	At 1 May 2022			25,124	135,581	4,500	165,205
	Additions				85,765		85,765
	Disposals				(6,300)		(6,300)
	At 30April 2023			25,124	215,046	4,500	244,670
	Depreciation
	At 1 May 2022			25,124	69,441	2,109	96,674
	Charge for year				14,543	239	14,782
	Eliminated on disposal				(2,951)		(2,951)
	At 30April 2023			25,124	81,033	2,348	108,505
	Net book value
	At 30April 2023				134,013	2,152	136,165
	At 30April 2022				66,140	2,391	68,531
9.	Debtors: amounts		falling due within	one year
						30/4/23	30/4/22
						E	F
	Other debtors						14,000
	VAT					58	704
	Prepayments					3,227	2,292
						3,285	16,996

10.	Creditors:	amounts	falling due within one year
						30/4/23	30/4/22
							6
	Bank loans	and overdrafts		(see note 11)		72,460
	Trade creditors					(2)
	Accrued expenses					1,459	1,487
						73,917	1,487
11.	Loans
	An analysis	of the maturity		of loans is given below:
						30/4/23	30/4/22
						8	6
	Amounts falling due		within	one year on demand:
	Bank overdrafts					72,460
12.	Movement	in funds
						Net
						movement	At
					At 1/5/22	In funds	30/4/23
					E
	Unrestricted funds
	General fund				102,184	(14,199)	87,985
	Restricted	funds
	Restricted	funds			57,520	21,494	79,014
	TOTAL FUNDS				159,704	7,295	166,999

Net movement in funds, included in the	above are as follows:
	Incoming	Resources	Movement
	resources f	expended E	in funds 6
Unrestricted funds
General fund	33,333	(47,532)	(14,199)
Restricted funds
Restricted funds	27,400	(5,906)	21,494
TOTAL FUNDS	60,733	(53,438)	7,295

					Net
					movement	At
				At 1/5/21	in funds	30/4/22
				E	E	E
Unrestricted	funds
General fund				104,801	(2,617)	102,184
Restricted funds
Restricted funds				57,644	(124)	57,520
TOTAL FUNDS				162,445	(2,741)	159,704
Comparative	net movement	in funds,	included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	In funds
				E.		E
Unrestricted	funds
General fund				44,702	(47,319)	(2,617)
Restricted funds
Restricted funds					(124)	(124)
TOTAL FUNDS				44,702	(47,443)	(2,741)

A curren	t	yea	r 12 months and prior year	12 months combined position is	as follows:
					Net
					movement	At
				At 1/5/21	In funds	30/4/23
					E	E
Unrestricted			funds
General	fund			104,801	(16,816)	87,985
Restricted		funds
Restricted		funds		57,644	21,370	79,014
TOTAL	FUNDS			162,445	4,554	166,999

A current year 12 months and prior year above are as follows:	12 months combined net movem	ent in funds,	included in t
	Incoming	Resources	Movement
	resources	expended	In funds
	E	E
Unrestricted funds
General fund	78,035	(94,851)	(16,816)
Restricted funds
Restricted funds	27,400	(6,030)	21,370
TOTAL FUNDS	105,435	(100,881)	4,554

			Sea Palling Independent Lifeboat Limited
			Detailed Statement of Financial Activities
			for the Year Ended 30 April 2023
				30/4/23	30/4/22
				6	E
Income and endowments
Donations and legacies
Donations				26,976	29,656
Grants				27,000
				53,976	29,656
Other trading	activities
Fundraising events				2,025	4,167
Other income				4,676	10,873
				6,701	15,040
Investment Income
Deposit account interest				56
Total incoming	resources			60,733	44,702
Expenditure
Other trading	activities
Loss on sale of tangible		fixed	assets	839
Charitable activities
Repairs & maintenance				15,109	10,820
Insurance				5,797	4,544
Rates and electricity				1,813	2,077
Telephone				496	385
Postage and stationery				325	324
Boat shed maintenance				, 8,354	4,570
Sundries				647	326
Training					6,635
Boat fuel				1,483	1,820
Clothing				498	2,293
Fundraising costs				2,254	5,423
Depreciation of tangible		fixed	assets	14,782	7,177
				51,558	46,394
Supportcosts
Finance
Bank charges				19	71
Governance	costs
Accountancy	and legal	fees		1,022	978
Totalresources	expended			53,438	47,443
Net Income/(expenditure)				7,295	(2,741)