|CONTENTS|||PAGE|
|---|---|---|---|
|Trustees'
Annual Report||||
|Independent
examiner's|report to the members|||
|Statement offinancia|activities|||
|(incorporating
the income and expenditure||account)|10|
|Balance sheet||||
|Notes to the financial statements||||
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|Registered
charity name|Inter-Action|(Milton Keynes) Limited|
|---|---|---|
|Charity registration
number.|270458||
|Company
registration
number|01227130||
|Principal office|||
|Milton Keynes Discovery Centre|||
|Bradwell Abbey|||
|Alston Drive|||
|Milton Keynes MK13 9AP|||
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|Risk|Mitigating
Action|
|---|---|
|Board Development|In order to be credible to funders
and partners
and to be able|
||to provide
the
Interim
Director
and
incoming
team
with|
||sufficient
support,
resource
and challenge,
the Board has|
||expanded
in number
and skill base through
the appointment|
||of two new
trustees
who
are able to be fully
active
and|
||engaged.
Specific new key skills include
a local councilor|
||who has lived experience ofcomplex disabilities
and a care|
||foundation
executive
with
skills
in strategic
planning
for|
||charities.
This
has
been
achieved
in
part
through
new|
||recruits.|
|Competition|Our work over the last 4years has consolidated
Inter-Action|
||MK as a leader and strong partner
within our sector locally.|
||The
work
proposed
requires
specialist
skills
and
clear|
||commitment
to deliver
to a high
standard
that
are
not|
||necessarily
held by the most likely competitors.
Other artists|
||and
organisations
developing
programmes
with
shared|
||objectives can help to build visibility,
audiences
and demand|
||for such work. Collaboration
will be encouraged
at all times.|
||Inter-Action
have developed
a new 4-year plan which
will|
||include
actions
towards
the
objective
of becoming
the|
||'GoTo' organization
within
our sector by year 4.|
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|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||Funds|Funds|2023|2022|
||Note||g|g||
||||||Note 2|
|income and endowments|from:|||||
|Donations
snd legacies|3|15,375|31,190|46,565|40,653|
|Other trading activities|4|8„156||.8,156||
|Investment
income|5|35||35||
|Total income sud cudovrmcuts||23,566|31,190|54&756|40,653|
|Expenditure
on:||||||
|Raising funds activit&es||(3,099)||(3,099)|(3,793)|
|Charitable
activities||(14,484)|(27,140)|(41,624)|(31,709)|
|Depreciation|||||(11)|
|Total expenditure||(17,583)|(27,140)|(44,723)|(35,513)|
|Nct income/(expenditure)||5,983|4,050|10&033|5,140|
|Transfer between
funds|10|(3,206)|3,206|||
|Net movement
in funds||2 777|7,256|10,033|5,140|
|Reconciliation
offunds:||||||
|Total funds brought
forward||||||
|at
1 April||2,690|10,444|13,134|7,994|
|Total funds carried forward||||||
|at 31Msrch||5,467|17,700|23,167|13,134|
|||||31 MARCH|2023|
|---|---|---|---|---|---|
||||2023||2022|
|||Note|||8|
|CURRENT ASSETS||||||
|Cash at bank snd in hand|||24474||15,04|
||||||I|
|CREDITORS: Amounts|falling due within one year|12||||
|NET CURRENT ASSETS||||23,167|13,134|
|TOTAL ASSETSLESS|CURRENT LIABILITIES|||23,167|13,134|
|NET ASSETS||||23,167|13,134|
|FUNDS||||||
|Restricted income funds||13||17,700|10,444|
|Unrestricted
income funds||14||5,467|2,690|
|TOTALFUNDS||||23,167|13&134|
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|(INCORPORATING
T|HK INC|OME AND EXPEN|DITURE ACCOU|NT)|
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
||Note||||
|income and endowments|from:||||
|Donations
sud legacies|3|13,688|26,965|40,653|
|Total income sud endowments||13,688|26,965|40,653|
|Expenditure
on:|||||
|Raising funds activities||(3,793)||(3,793)|
|Charitable
activities||(10,541)|(21,168)|(31,709)|
|Depreciation||(11)||(11)|
|Totsl expenditure||(14,345)|(21,168)|(35,513)|
|Nct income/(expenditure)||(657)|5,797|5,140|
|Transfer between
funds|10|2,353|(2,353)||
|Nct movement
in funds||1,696|3,444|5,140|
|Rccoscigstios offunds:|||||
|Total funds brought
forward|||||
|at 1 April 2021||994|7,000|7,994|
|Totsl funds carried forward|||||
|st 31March 2022||2&690|10,444|13,134|
||3. DONATIONS|AND LEGACIES|AND LEGACIES|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||Funds|Funds|2023|2022|
||Donations|||||||
||Albert Hunt||||||1,000|
||Buckles Solicitors|||10,000||10,000|6,165|
||Children
in Need|||500||500||
||Edward Gostling|||2,500||2,500||
||Groovygecko. corn||||||500|
||Milton Keynes Council|||500||500||
||The Archer Trust|||1,500||1,500||
||Other|||375||375|23|
||Crants receivable|||||||
||Milton Keyens Council —Friday||||||3,000|
||Show|||||||
||Milton Keyens Councd —MK||||||3,000|
||College Trainee|project||||||
||Milton Keynes Council —Zerena||||5,000|5,000||
||project|||||||
||MKCF —Friday Show||||||5,000|
||Children
in Need||||9,965|9,965|9,965|
||Youth Fund UK||||||12,000|
||National
Lottery|Community|Fund—||7,230|7,230||
||Little Acorns project|||||||
||CareTech Foundation —Friday Show project||||8,995|8,995||
|||||15,375|31,190|46,565|40,653|
|4.|OTHER TRADING ACTIVITIES|||||||
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||Funds|Funds|2023|2022|
||Donations|||||||
||Earned income|||~8156||~8156||
|5.|INVESTMENT INCOME|||||||
||||||Unrestricted|Total Funds|Total Funds|
||||||Funds|2023|2022|
|||||||6||
||Bank interest receivable||||35|35||
||||||YE|AR ENDED 31|MARCH 20|
|---|---|---|---|---|---|---|---|
|6.|EXPENDITURE||ON RAISING FUNDS|||||
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||Funds|Funds|2023|2022|
||||||E||E|
||Support costs —Administrative|||3,099||3099|3 793|
|7.|EXPENDITURE||ON CHARITABLE ACTIVITIES|||||
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|||||Funds|Funds|2023|2022|
||||||E|||
||Groovy Gecko|||4,517||4,517|281|
||MKCF Anglian||Water||||4,283|
||Friday Show||||7,793|7,793|1,865|
||Summer Challenge||||||2,568|
||Childrens
Garden||||10,129|10,129|6,330|
||Youth Fund UK||||2,594|2,594|6,122|
||Little Acorns||||3,479|3,479||
||MK College Traineeship|||40||40|2,960|
||Zerena||||3,145|3,145||
||Support costs|||9,927||9,927|7,300|
|||||14,484|27,140|41,624|31,709|
||COSTS OF CHARITABLE ACTIVITIES BYACTIVITY TYPE||||Support
cos'ts|Total Funds
2023|Total Funds
2022|
|||||Project costs||||
|||||E||||
||Groovy Gecko|||4,517||4,517|281|
||MKCF Anglian|Water|||||4,283|
||Friday Show|||7,793||7,793|1,865|
||Summer
Challenge||||||2,568|
||Childrens
Garden|||10,129||10,129|6,330|
||Youth Fund UK|||2,594||2,594|6,122|
||Little Acorns|||3,479||3,479||
||MK CoBege Traineeship|||40||40|2,960|
||Zcrena|||3,145||3,145||
||Salary related expenditure||||1,440|1,440|2, 148|
||Administrative||costs||4,446|4,446|1,524|
||Premises and office costs||||3,466|3,466|2,903|
||Governance
costs||||575|575|725|
|||||31,697|9,927|41,624|31,709|
|8.|OTHER EXPENDITURE|OTHER EXPENDITURE|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Tctsl Funds|Total Funds|
|||||Funds|2023|2022|
||Depreciation||||||
|9.|NET INCOME|/ (EXPENDITURE) FOR THE YEAR|||||
||This isstated|after charging;|||||
||||||2023|2022|
||Staffpension|contributions|||1,440|2,148|
||Depreciation|||||11|
||Independent
Examiner's||fees||575|725|
##
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|Total s|taff costs|were as fogows:|||
|---|---|---|---|---|
||||2023|2022|
|Crther|pension|costs|1,440|2,148|
||||1,440|2,148|
|e basis o|f full-time|
|---|---|
|2023|2022|
|No|No|
##
|12.
CREDITORS: Amounts|falling|due within
one|year||||
|---|---|---|---|---|---|---|
|||||2023||2022|
|Trade creditors||||332||292|
|Other creditors||||875||1,615|
|||||1,207||1,907|
|13.
RESTRICTED FUNDS|||||||
|Balance at||Incoming|Outgoing|||Balance at|
|I Apr 2022||resources|resources|Transfers|31 Mar 2023||
||E||5||||
|Little Acorns||7,230|(3,479)|(251)||3,500|
|Bradwell Abbey|250|||(250)|||
|Gardens|||||||
|Friday Show|3,135|8,995|(7,793)|2,063||6,400|
|Youth Fund UK|1,000||(2,594)|1,594|||
|Zcrena||5,000|(3,145)|(1,855)|||
|Childrens
Gardens|6,059|9,965|(10,129)|1,905||7,800|
||10,444|31&190|(27,140)|3,206||17,700|
##
|||Balance at|Balance at|Incoming|Outgoing||Balance at|
|---|---|---|---|---|---|---|---|
|||1 Apr|2022|resources|resources|Transfers|31 Mar 2023|
|||||||E|E|
|General Funds|||2,690|23,566|(17,583)|(3,206)|5,467|
||||2,690|23,566|(17,583)|(3,206)|5,467|
|ANALYSIS OF NET ASSETS BETWEEN||||FUNDS||||
||||||Tangible|Net current||
||||||fixed assets|assets|Total|
|Restricted Income||Funds:||||||
|Restricted|funds|||||17,700|17,700|
|Unrestricted|income Funds:|||||||
|General funds||||||5,467|5,467|
|Total Funds||||||23,167|23,167|
##
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