OpenCharities

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2023-02-28-accounts

Page
Trustees report 1-2
Statement
oftrustees
responsibilities
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Statement ofcash flows
Nates to the financial statements 7-13

Unrestricted Unrestricted
funds funds
Notes 2023f 2022
Income from:
Donations
and legacies
91,276 92,259
Charitable
activities
40,498 43,012
Other trading
activities
57,868 42,775
Investments 73 5
Total income 189,715 178,051
Expenditure
on:
Raising funds 27,929 12,219
Charitable
activities
109,672 101,428
Total expenditure 137,601 113,647
Net income and movement in funds 52,114 64,404
Reconciliation
offunds:
Fund balances at 1 March 2022 548,276 483,872
Fund balances at28 February 2023 600,390 548,276

2023 2022
Notes f
Fixed assets
Tangible assets 196,421 179,669
Current assets
Stocks 12 24,503 22,277
Debtors 13 3,863 3,384
Cash at bank and in hand 377,914 347,254
406,280 372,915
Creditors: amounts falling due within 14
one year 2,311 4,308
Net current assets 403,969 368,607
Total assets less current liabilities 600,390 548,276
The funds ofthe charity
Unrestricted
funds
600,390 548,276
600,390 548,276

Lifeboat shed - 5%Straight line
Boat &equipment -25% Reducing balance
Fixtures and fittings -20% Reducing balance
Computers -25% straight
line
Motor vehicles -25% Reducing balance

2 Income from Income from donations and legacies (Continued)
3 Income from charitable activities
Unrestricted Unrestricted
funds funds
2023 2022
E E
Other trading income
Shop sales 40,498 43,012
4 Income from other trading activities
Unrestricted Unrestricted
funds funds
2023 2022
E E
Fundraising events 57,868 42,775
5 Income from investments
Unrestricted Unrestricted
funds funds
2023 2022
E
interest receivable 73
5 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2023 2022
E
Fundraising and publicity
Expenditure on raising funds 27,929 12,219

2023 2022
Direct costs
Depreciation
and
impairment 27,182 21,297
Light and heat 770 1,157
Lifeboat repairs 27,971 37,121
Insurance 4,863 3,656
Repairs and maintenance 16,567 5,874
Vehicle running
expenses
9,125 3,813
Postage and stationery 1,412 1,311
Telecommunications 725 749
Sundry expenses 1,183 728
Stock movement in the year 14,517 21,005
104,315 96,711
Share ofsupport and governance costs tace note )
Support 5,357 4,717
109,672 101,428
Analysis
by fund
Unrestricted
funds
109,672 101,428

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12 Stocks
2023 2022
E
Opening stock 21,533 12,012
Shop stock 21,748 18,379
Closing stock (22,277) (21,533)
21,004 8,853
13 Debtors
2023 2022
Amounts falling due within one year: E
Prepayments and accrued income 3,863 3,384
14 Creditors: amounts falling due within one year
2023 2022
E E
Accruals and deferred income 2,311 4,308
15 Unrestricted funds
At 1 March Incoming Resources At 28
2022 resources expendedFebruary
2023
E E E
General funds 548,276 189,715 (137,601) 600,390
Previous year: At 1 March Incoming Resources At 28
2021 resources expended February 2022
E E
General funds 483,872 178,051 (113,647) 548,276