REGISTERED COMPANY NUMBER: 01270665 (England and Wales) REGISTERED CHARITY NUMBER: 275115
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2023
for
The Good News Broadcasting Association (Great Britain) Limited
Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG
The Good News Broadcasting Association (Great Britain) Limited
Contents of the Financial Statements for the Year Ended 30 June 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement of Financial Activities | 14 |
The Good News Broadcasting Association (Great Britain) Limited
Report of the Trustees for the Year Ended 30 June 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives per the governing document of the chanty is:
- To stimulate and promote the advancement of the Christian faith in all parts of the world by means of radio, satellite or Internet broadcasting and, by such other means, being exclusively charitable in its objects as the Association shall determine in harmony with its Statement of Faith.
The principal activity of the company continued to teach the Bible through audio media.
The aims and differences that the charity seeks to make include:
-
Through clear Bible teaching, promoting the Christian faith, encouraging Christians to be active in service of the Church and their local community, and encouraging non-Christians to accept the offer of salvation through faith in Jesus Christ;
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Meeting the social and emotional needs of listeners. This is achieved through dealing with emotive concern, including stress, worry, loneliness, insecurity, grief and guilt; and
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Following up on those who respond to the charity's outreach, providing an advisory service which helps to sustain and strengthen the weak by phone, letter or email.
The main objectives for the year were to continue to encourage and equip Christians with good bible teaching, expand our broadcasting opportunities in the UK and Africa and to introduce more people to the charity and thus increase our listenership and also increase donations. We also wanted to raise the financial giving of our supporters through regular donations and legacies.
The core strategies to achieve these objectives include:
- Making radio programmes that are relevant, accessible, enjoyable but also in line with our evangelical Christian convictions.
Contacting stations around the globe but particularly in the UK and Africa to offer our programmes.
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Networking with others Christian charities and ministries to consider partnerships or simple increasing knowledge about who we are and what we do.
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Increased presence at Christian conferences
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Using online and print advertising through Christian magazines and websites
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Continuing to develop our online presence through exclusive content on our website and increased interactions on social media
When reviewing the aims and objectives of the charity, and in planning future activities, the trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
Page 1
The Good News Broadcasting Association (Great Britain) Limited
Report of the Trustees for the Year Ended 30 June 2023
OBJECTIVES AND ACTIVITIES Significant activities
During the year, the charity ran the following activities:-
Broadcasting activities
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Word Alive remains our most popular programme. It has been reduced in length to 26 minutes and continues to be aired on Premier Christian Radio, TWR-UK and a range of local, national and international stations (Particularly in the southern regions of Africa) as well as via Internet outlets.
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Bible Focus Focus is our 10-minute week-day teaching programme. It features a number of different speakers. It is widely distributed across the UK on secular and Christian radio stations.
-
The Everlasting Way is a short evangelistic devotional.
Internet activities
- YouTube We have made short features and Bible reviews for YouTube.
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Sermonise is a fortnightly podcast aimed at encouraging preachers in learning how to preach the Bible effectively.
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GNBA website All the programmes we produce are also available on our website. We update the website with new content every day.
Other activities
Africa
The charity continues to broadcast Word Alive through TWR in the southern regions of Africa.
Poland
The GNBA board continues to financially support the charity Voice Of The Gospel in Poland which we helped launch over 50 years ago. They do great work in radio, TV and visiting prisons and schools.
Monthly prayer meeting
We encourage everyone who supports the charity to join us for a bi-monthly prayer meeting on zoom.
ACHIEVEMENT AND PERFORMANCE Charitable activities
Charitable activities performance achieved against objectives set
This year we continued to distribute our newsletter, Sounding Out electronically through email. We do still provide a paper copy for those on the mailing list who don't have access to the internet. This has saved us money on printing and time in packing.
Our Ministry Partners are people who support GNBA financially each month. We keep regular contact with them and send exclusive content as a thank you for their support.
General giving is still below our outgoing costs but due to previous legacies the charity is in a healthy place financially.
Broadcasting in Africa continues to be one of our core objectives and an aspect of our work that many of our financial supporters are very interested in.
The GNBA website (www.gnba.net) continues to bring in visitors from many parts of the world but predominately the UK and the USA.
We send our regular emails called 'E-News' to let supporters know about programmes and the latest developments with the charity.
Financial Performance Against Budgets
Costs, including staff, are kept to the minimum required for the maintenance of a good, reliable service to stations and their audiences.
Page 2
The Good News Broadcasting Association (Great Britain) Limited
Report of the Trustees for the Year Ended 30 June 2023
FINANCIAL REVIEW
Financial Review
The Statement of Financial Activities shows a net deficit for the year of £60,526 (2022: £371,438 surplus). Principal funding sources included donors, churches, Christian trusts and bequests. During the year, the charity recognised legacies totalling £1,845 (2022: £444,814) which last year made a significant effect on the financial position of the charity.
The unrestricted fund at the year end is £576,975 (2022: £637,501), the restricted funds at the year end were £115 (2022: £115), with the overall reserves totalling £577,090 (2022: £637,616).
The funds held on deposit are required for day-to-day operational costs and provide a cushion against the shortfalls normally experienced. They also provide cover for upcoming leadership transitions which will be caused by forthcoming retirements.
A range of emergency measures could be taken without serious impact on the work of the charity within the UK, should reserves fall below an acceptable level. The charity has been in receipt of differing levels of legacies over recent years, a source of income that is - by its nature - very unpredictable. For this reason, the trustees feel that it is necessary to hold a high level of reserves in order to manage the charity's finances effectively.
Reserves policy
The board recognise that the minimum level of reserves is £50,000, representing 3 months of running costs less regular monthly income as computed in 2023.
At present, the charity's free reserves amount to £576,975 (2022: £637,501). This represents just over 11 times the minimum policy which the trustees consider reasonable due to this being created by legacies which cannot be relied upon in the future.There are no new regular income streams in the year and whilst the board continue to look cut costs in order to maintain sufficient funds in order to continue operations long term, a larges reserve allows some security in the mid term for the charity.
FUTURE PLANS
This year the charity celebrates our 70th year of broadcasting in the UK. With this milestone in mind and with the finances in a stronger position the trustees aim to significantly increase the amount of radio content and podcasts we produce. This will achieved by taking on a new full-time producer and a part-time producer. It is our aim to greatly increase the amount of stations that broadcast our content. We plan to hold a number of events around the country and online to commemorate our 70 years. Our director will also travel to churches that support the charity to update them in person of our ongoing work. Also we want to focus on new partnerships with other charities to increase our reach. We will also seek to employ a part-time finance administrator to help with bookkeeping and admin.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Governed by the Memorandum and Articles of Association of the company, dated 28 July 1976, amended and updated by special resolution on 8 October 2011.
Recruitment and appointment of new trustees
At the outset, people who have skills which will benefit the charity and further its aims are identified as potential trustees. They are invited to a board meeting on a 'no commitment either side' basis.
The next stage is an invitation to join the board. A wide range of skills are accessible by the charity through its trustees whose ranks include solicitors, businessmen, consultants and accountants.
All directors of the company are also trustees of the charity. The trustees who served during the period under review and to date are set out on page 5.
The charity is organised so that trustees meet regularly to manage its affairs and is grateful to its associates and volunteers for the skills and support that they so willingly bring. All trustees give their time voluntarily. Any expenses claimed by trustees from the charity are set out in note 9 of the accounts.
Organisational structure
Tom Ward works as the full time Director of the ministry, bringing a depth of radio presentation and production skills acquired mainly at Trans World Radio, where he held a key morning slot. His wide ranging media contacts, creativity and fervent faith are added benefits for the ministry.
Melanie Dixey works 16 hours per week on a combination of administration, graphic design and production.
Page 3
The Good News Broadcasting Association (Great Britain) Limited
Report of the Trustees for the Year Ended 30 June 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT Key management remuneration
Total remuneration paid to key management during the year amounted to £40,932 (2022: £38,717).
Related parties
There are no directly-related parties associated with the charity apart from the trustees.
Apart from the transactions with trustees disclosed in the above note, there are no related party transactions.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
01270665 (England and Wales)
Registered Charity number
275115
Registered office
Unit 27 Wilsons Park Monsall Road Manchester M40 8WN
Trustees
S Hall (resigned 24.1.23) E Leighton (resigned 20.6.23) S T Leighton N S Patterson P B Sanders T M Ward
Independent Examiner
Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG
Approved by order of the board of trustees on 9 February 2024 and signed on its behalf by:
Neville Patterson (Feb 18, 2024 16:42 GMT)
N S Patterson - Trustee
Page 4
Independent Examiner's Report to the Trustees of The Good News Broadcasting Association (Great Britain) Limited
Independent examiner's report to the trustees of The Good News Broadcasting Association (Great Britain) Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Paul Colcomb
Paul Colcomb (Feb 19, 2024 10:32 GMT)
Paul Colcomb FCCA
Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG
9 February 2024
Page 5
The Good News Broadcasting Association (Great Britain) Limited
Statement of Financial Activities for the Year Ended 30 June 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 42,956 Charitable activities 4 Sales of literature,videos, CDs, postage 25 Investment income 3 2,004 Other income 4,926 Total 49,911 EXPENDITURE ON Charitable activities 5 Voice of the Gospel Foundation - Poland - Sales of literature,videos, CDs, postage 4,858 Radio/literature production 104,588 Other 991 Total 110,437 NET INCOME/(EXPENDITURE) (60,526) RECONCILIATION OF FUNDS Total funds brought forward 637,501 TOTAL FUNDS CARRIED FORWARD 576,975 |
Freehold property fund £ - - - - - - - - - - - - - |
Restricted funds £ - - - - - - - - - - - 115 115 |
2023 Total funds £ 42,956 25 2,004 4,926 49,911 - 4,858 104,588 991 110,437 (60,526) 637,616 577,090 |
2022 Total funds £ 488,156 445 1 5,336 |
|---|---|---|---|---|
| 493,938 | ||||
| 2,250 - 116,287 3,963 |
||||
| 122,500 | ||||
| 371,438 266,178 |
||||
| 637,616 |
The notes form part of these financial statements
Page 6
The Good News Broadcasting Association (Great Britain) Limited
Balance Sheet 30 June 2023
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 11 - CURRENT ASSETS Debtors 12 2,982 Cash at bank 582,955 585,937 CREDITORS Amounts falling due within one year 13 (8,962) NET CURRENT ASSETS 576,975 TOTAL ASSETS LESS CURRENT LIABILITIES 576,975 NET ASSETS 576,975 FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
Freehold property fund £ - - - - - - - - |
Restricted funds £ - - 115 115 - 115 115 115 |
2023 Total funds £ - 2,982 583,070 586,052 (8,962) 577,090 577,090 577,090 576,975 115 577,090 |
2022 Total funds £ 991 52,818 598,182 651,000 (14,375) 636,625 637,616 637,616 637,501 115 637,616 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.
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The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 9 February 2024 and were signed on its behalf by:
Neville Patterson (Feb 18, 2024 16:42 GMT)
N S Patterson - Trustee
The notes form part of these financial statements
Page 7
The Good News Broadcasting Association (Great Britain) Limited
Notes to the Financial Statements for the Year Ended 30 June 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The charity is a company limited by guarantee and registered in England and Wales.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less depreciation. Assets costing less than £1200 are not capitalised. Depreciation is calculated to write off the cost or valuation of fixed assets (less expected residual value) on a straight line basis over their expected useful economic lives. The rates of depreciation applied are:
-
Plant and Equipment 25% or 33.3%
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Fixtures and Fittings 25%
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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The Good News Broadcasting Association (Great Britain) Limited
Notes to the Financial Statements - continued for the Year Ended 30 June 2023
| 2. DONATIONS AND LEGACIES Donations Legacies 3. INVESTMENT INCOME Deposit account interest 4. INCOME FROM CHARITABLE ACTIVITIES Activity Sale of goods Sales of literature,videos, CDs, postage 5. CHARITABLE ACTIVITIES COSTS Sales of literature,videos, CDs, postage Radio/literature production 6. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Radio time purchased Programme production Conference costs Telephone Postage Office supplies/sundries Rent/ rates Travel and accomodation Equipment and furniture Promotional costs Insurance Bank charges Professional fees Independent examination fees Heat and light |
2023 2022 £ £ 41,111 43,342 1,845 444,814 42,956 488,156 2023 2022 £ £ 2,004 1 2023 2022 £ £ 25 445 Direct Costs (see note 6) £ 4,858 104,588 109,446 2023 2022 £ £ 64,872 64,041 1,446 12,344 1,493 1,114 1,000 - 4,122 4,114 1,653 1,076 1,468 1,371 17,509 12,675 2,859 1,685 1,378 3,186 2,243 1,000 462 445 913 968 2,087 6,817 4,897 4,170 1,044 1,281 109,446 116,287 |
|---|---|
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The Good News Broadcasting Association (Great Britain) Limited
Notes to the Financial Statements - continued for the Year Ended 30 June 2023
7. GRANTS PAYABLE
| 7. | GRANTS PAYABLE | ||
|---|---|---|---|
| 2023 | 2022 | ||
| £ | £ | ||
| Voice of the Gospel Foundation - Poland | - | 2,250 | |
| 8. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 2023 | 2022 | ||
| £ | £ | ||
| Depreciation - owned assets | 991 | 3,963 |
9. TRUSTEES' REMUNERATION AND BENEFITS
T M Ward, an employee of the charity, was appointed as trustee on 1 April 2019. He continued to receive remuneration for his role as an employee as permitted by the governing document and did not receive any additional amounts relating to his trustee responsibilities.
T M Ward is considered as Key Management Personnel and received remuneration of £40,932 (2022: £38,717) for his role as an employee.
No other trustees' received remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.
10. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Promotion and programme production Management and administration |
2023 £ 54,722 5,083 5,067 64,872 2023 1 2 3 |
2022 £ 54,309 4,723 5,009 |
|---|---|---|
| 64,041 | ||
| 2022 1 2 3 |
No employees received emoluments in excess of £60,000.
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The Good News Broadcasting Association (Great Britain) Limited
Notes to the Financial Statements - continued for the Year Ended 30 June 2023
11. TANGIBLE FIXED ASSETS
| Fixtures Plant and and machinery fittings £ £ COST At 1 July 2022 and 30 June 2023 37,515 18,612 DEPRECIATION At 1 July 2022 36,524 18,612 Charge for year 991 - At 30 June 2023 37,515 18,612 NET BOOK VALUE At 30 June 2023 - - At 30 June 2022 991 - 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 £ Other debtors 2,496 Prepayments and accrued income 486 2,982 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 £ Trade creditors 1,266 Other creditors 3,320 Accrued expenses 4,020 Pension contributions 356 8,962 14. MOVEMENT IN FUNDS Net movement At 1.7.22 in funds £ £ Unrestricted funds General fund 637,501 (60,526) Restricted funds Sri Lanka - Back to the Bible 25 - B Japan 50 - India - Back to the Bible 40 - 115 - TOTAL FUNDS 637,616 (60,526) |
Totals £ 56,127 55,136 991 56,127 - 991 2022 £ 52,818 - 52,818 2022 £ 1,291 2,788 9,960 336 14,375 At 30.6.23 £ 576,975 25 50 40 |
Totals £ 56,127 |
|---|---|---|
| 55,136 991 |
||
| 56,127 | ||
| - | ||
| 991 | ||
| 2022 £ 52,818 - |
||
| 52,818 | ||
| 2022 £ 1,291 2,788 9,960 336 |
||
| 14,375 | ||
| 115 | ||
| 577,090 |
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The Good News Broadcasting Association (Great Britain) Limited
Notes to the Financial Statements - continued for the Year Ended 30 June 2023
14. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 49,911 | (110,437) | (60,526) |
| TOTAL FUNDS | 49,911 | (110,437) | (60,526) |
Comparatives for movement in funds
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.7.21 | in funds | funds | 30.6.22 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 266,458 | 371,438 | (395) | 637,501 | |
| Restricted funds | |||||
| Poland - Voice of Gospel | (395) | - | 395 | - | |
| Sri Lanka - Back to the Bible | 25 | - | - | 25 | |
| B Japan | 50 | - | - | 50 | |
| India - Back to the Bible | 40 | - | - | 40 | |
| (280) | - | 395 | 115 | ||
| TOTAL FUNDS | 266,178 | 371,438 | - | 637,616 | |
| Comparative net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 491,688 | (120,250) | 371,438 | ||
| Restricted funds | |||||
| Poland - Voice of Gospel | 2,250 | (2,250) | - | ||
| TOTAL FUNDS | 493,938 | (122,500) | 371,438 |
Restricted Funds
Other Restricted Funds
These represent monies donated for the provision of services in other countries and are restricted for use within these geographical areas.
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The Good News Broadcasting Association (Great Britain) Limited
Notes to the Financial Statements - continued for the Year Ended 30 June 2023
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2023.
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The Good News Broadcasting Association (Great Britain) Limited
| INCOME AND ENDOWMENTS Donations and legacies Donations Legacies Investment income Deposit account interest Charitable activities Sale of goods Other income Other income Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Radio time purchased Programme production Conference costs Telephone Postage Office supplies/sundries Rent/ rates Travel and accomodation Equipment and furniture Promotional costs Insurance Bank charges Professional fees Independent examination fees Heat and light Grants to institutions Other Plant and machinery Total resources expended Net (expenditure)/income |
Detailed Statement of Financial Activities for the Year Ended 30 June 2023 |
2023 £ 41,111 1,845 42,956 2,004 25 4,926 49,911 54,722 5,083 5,067 1,446 1,493 1,000 4,122 1,653 1,468 17,509 2,859 1,378 2,243 462 913 2,087 4,897 1,044 - 109,446 991 110,437 (60,526) |
2022 £ 43,342 444,814 |
|---|---|---|---|
| 488,156 1 445 5,336 |
|||
| 493,938 54,309 4,723 5,009 12,344 1,114 - 4,114 1,076 1,371 12,675 1,685 3,186 1,000 445 968 6,817 4,170 1,281 2,250 |
|||
| 118,537 3,963 |
|||
| 122,500 | |||
| 371,438 |
This page does not form part of the statutory financial statements
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