This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2023-12-31-accounts
|
Page |
| Trustees' report |
1 -3 |
| Independent examiner's report |
4 |
| Statement of financial activities |
5 |
| Balance sheet |
6 |
| Notes to the financial statements |
7-15 |
|
|
Unrestricted |
Restricted |
Total Unrestricted Restricted |
Total Unrestricted Restricted |
Total |
|
|
funds |
funds |
|
funds funds |
|
|
|
2023 |
2023 |
2023 2022 2022 |
|
2022 |
|
Notes |
£ |
£ |
£ £ £ |
|
£ |
| Income from: |
|
|
|
|
|
|
| Donations and legacies |
2 |
|
300 |
300 |
|
|
| Income from charitable |
|
|
|
|
|
|
activities
Investments |
34 |
72,020
9,319 |
|
72,020
9,319 |
73,594
1,653 |
73,594
1,653 |
| Total income |
|
81,339 |
300 |
81,639 |
75,247 |
75,247 |
| Expenditure on: |
|
|
|
|
|
|
| Expenditure on |
|
|
|
|
|
|
| charitable activities |
5 |
164,888 |
|
164,888 |
119,407 |
119,407 |
| Net (expenditure)/income for |
|
|
|
|
|
|
| the year/ |
|
|
|
|
|
|
| Net (outgoing)/incoming |
|
|
|
|
|
|
| resources |
(83,549) |
|
300 (83,249) |
|
(44,160) |
(44,160) |
| Other recognised gains and losses |
|
|
|
|
|
|
| Other gains |
or |
losses |
|
|
459,780 |
459,780 |
| Net movement in funds |
|
(83,549) |
300 (83,249) |
|
415,620 |
415,620 |
| Fund balances at 1 |
|
|
|
|
|
|
| January 2023 |
|
751,518 |
16,800 768,318 335,898 16,800 |
|
|
352,698 |
| Fund balances at 31 |
|
|
|
|
|
|
| December 2023 |
|
667,969 |
17,100 685,069 751,518 16,800 |
|
|
768,318 |
|
|
2023 |
|
2022 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
9 |
|
68,689 |
|
56,836 |
| Current assets |
|
|
|
|
|
| Debtors |
10 |
38,156 |
|
30,868 |
|
| Cash at bank and in hand |
|
587,297 |
|
689,518 |
|
|
|
625,453 |
|
720,386 |
|
| Creditors: amounts falling due within |
|
|
|
|
|
| one year |
11 |
(9,073) |
|
(8,904) |
|
| Net current assets |
|
|
616,380 |
|
711,482 |
| Total assets less current liabilities |
|
|
685,069 |
|
768,318 |
| Income funds |
|
|
|
|
|
| Restricted funds |
13 |
|
17,100 |
|
16,800 |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
14 |
34,310 |
|
33,310 |
|
| General unrestricted funds |
|
633,659 |
|
718,208 |
|
|
|
|
667,969 |
|
751,518 |
|
|
|
685,069 |
|
768,318 |
|
Restricted |
Total |
|
funds |
|
|
2023 |
2022 |
|
£ |
£ |
| Donations and gifts |
300 |
|
|
Unrestricted Unrestricted |
Unrestricted Unrestricted |
|
funds |
funds |
|
2023 |
2022 |
|
£ £ |
|
| Fees received for training |
27,579 |
29,735 |
| Subscriptions |
24,476 |
29,179 |
| EICF contributions |
1,000 |
1,040 |
| Room hire |
18,965 |
4,760 |
| Summer school |
|
8,880 |
|
72,020 |
73,594 |
|
Unrestricted Unrestricted |
Unrestricted Unrestricted |
|
funds |
funds |
|
2023 |
2022 |
|
£ |
£ |
| Deposit account interest |
9,319 |
1,653 |
|
Unrestricted Unrestricted |
Unrestricted Unrestricted |
|
funds funds |
|
|
2023 2022 |
|
|
£ £ |
|
| Staff costs |
43,427 |
5,568 |
| Depreciation and impairment |
19,109 |
13,516 |
| Rent, rates & service charges |
2,120 |
6,000 |
| Delancey street lease |
36,000 |
17,679 |
| Insurance |
2,303 |
1,547 |
| Light and heat |
3,975 |
983 |
| Telephone |
1,528 |
731 |
| Postage and stationary |
781 |
525 |
| Sundries |
3,335 |
1,045 |
| Lecture expenses and training |
16,040 |
33,910 |
| Catering |
2,309 |
2,476 |
| Repairs and maintenance |
9,827 |
2,394 |
| Cleaning |
2,620 |
666 |
| Computer costs |
1,085 |
818 |
| Bank charges |
311 |
278 |
| Storage costs |
|
8,522 |
| Legal and professional fees |
|
10,327 |
|
144,770 |
106,985 |
| Share of governance costs (see note 6) |
20,118 |
12,422 |
|
164,888 119,407 |
|
| Support costs |
|
|
|
|
|
Support Governance |
2023 Support costs Governance 2022 |
|
|
|
costs costs |
|
costs |
|
|
£ £ |
£ |
£ £ |
£ |
| Accountancy |
10,646 |
10,646 |
8,502 |
8,502 |
| Trustees remuneration |
1,454 |
1,454 |
998 |
998 |
| Council secretary fees |
7,912 |
7,912 |
1,655 |
1,655 |
| Trustees expenses |
|
|
|
|
| reimbursed |
106 |
106 |
1,267 |
1,267 |
|
20,118 |
20,118 |
12,422 |
12,422 |
| Analysed between |
|
|
|
|
| Charitable activities |
20,118 |
20,118 |
12,422 |
12,422 |
|
2023 |
2022 |
|
Number |
Number |
|
1 |
1 |
| Employment costs |
2023 |
2022 |
|
£ |
£ |
| Wages and salaries |
42,000 |
5,568 |
| Other pension costs |
1,427 |
|
|
43,427 |
5,568 |
| ngible fixed assets |
|
|
|
|
|
Leasehold land |
Plant and Fixtures and |
|
Total |
|
and buildings |
equipment fittings |
|
|
|
£ |
£ £ |
|
£ |
| Cost |
|
|
|
|
| At 1 January 2023 |
54,855 |
39,065 |
18,202 |
112,122 |
| Additions |
21,580 |
9,382 |
|
30,962 |
| At 31 December 2023 |
76,435 |
48,447 |
18,202 |
143,084 |
| Depreciation and impairment |
|
|
|
|
| At 1 January 2023 |
9,807 |
28,277 |
17,202 |
55,286 |
| Depreciation charged in the year |
14,123 |
4,886 |
100 |
19,109 |
| At 31 December 2023 |
23,930 |
33,163 |
17,302 |
74,395 |
| Carrying amount |
|
|
|
|
| At 31 December 2023 |
52,505 |
15,284 |
900 |
68,689 |
| At 31 December 2022 |
45,048 |
10,788 |
1,000 |
56,836 |
| Debtors |
|
|
|
2023 |
2022 |
| Amounts falling due within one year: |
£ |
£ |
| Trade debtors |
724 |
1,886 |
| Other debtors |
5,000 |
|
| Prepayments and accrued income |
32,432 |
28,982 |
|
38,156 |
30,868 |
| reditors: amounts falling due within one year |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Other taxation and social security |
2,186 |
1,111 |
| Trade creditors |
1,176 |
4,492 |
| Accruals and deferred income |
5,711 |
3,301 |
|
9,073 |
8,904 |
|
Movement in |
Movement in |
Movement in |
Movement in |
|
|
|
funds |
|
funds |
|
|
Balance at |
Incoming |
Balance at |
Incoming Balance at |
|
|
1 January |
resources |
1 January |
resources 31 December |
|
|
2022 |
|
2023 |
|
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Anniversary Support Fund |
6,800 |
|
6,800 |
300 |
7,100 |
| IngeAllenby Loan Fund |
10,000 |
|
10,000 |
|
10,000 |
|
16,800 |
|
16,800 |
300 |
17,100 |
|
|
Movement in |
Movement in |
Movement in |
Movement in |
|
|
|
|
funds |
|
funds |
|
|
|
Balance at |
Incoming |
Balance at Incoming Balance at |
|
|
|
|
1 January |
resources |
1 January resources 31 December |
|
|
|
|
2022 |
|
2023 2023 |
|
|
|
|
£ |
£ |
£ |
£ |
£ |
| Ethical Investigation Contingency Fund |
|
32,270 |
1,040 |
33,310 |
1,000 |
34,310 |
|
|
32,270 |
1,040 |
33,310 |
1,000 |
34,310 |
| The Ethical Investigation Contingency Fund is to provide contingency funds in the event of an ethical |
|
|
|
|
|
|
| investigation. |
|
|
|
|
|
|
| nalysis of net assets between funds |
|
|
|
|
|
|
|
Unrestricted Restricted |
|
Total Unrestricted Restricted |
|
|
Total |
|
funds funds |
|
|
funds funds |
|
|
|
2023 2023 |
|
2023 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Fund balances at 31 |
|
|
|
|
|
|
| December 2023 are |
|
|
|
|
|
|
| represented by: |
|
|
|
|
|
|
| Tangible assets |
68,689 |
|
68,689 |
56,836 |
|
56,836 |
| Current |
|
|
|
|
|
|
| assets/(liabilities) |
599,280 |
17,100 |
616,380 |
694,682 |
16,800 |
711,482 |
|
667,969 |
17,100 |
685,069 |
751,518 |
16,800 |
768,318 |
|
2023 |
2022 |
|
£ |
£ |
| Within one year |
36,000 |
36,000 |
| Between two and five years |
90,000 |
126,000 |
|
126,000 |
162,000 |