| 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 |