2023-03-31-accounts - Totterdown Children's Community Workshop

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

ACCOUNTS

Year ended 31[st] March 2023

Charity Number 278840

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TOTTERDOWN CHILDRENS COMMUNITY WORKSHOP

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

CONTENTS	PAGE
Legal and Administrative Information	2
Trustees’ annual report	3 to 9
Independent Examiner’s Report	10
Statement of financial activities	11
Balance sheet	12
Notes to the Accounts	13 to 17

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

Legal and administrative information

YEAR ENDED 31 MARCH 2023

Status

Totterdown Children’s Community Workshop is a registered charity governed by its constitution. Charity number 278840.

TRUSTEES

Razeeb Ahasan Chair appointed 11 July 2022 Sarah McQuatt Secretary resigned October 2023 Helen Broadbent appointed 11 September 2019 Gillian Cox resigned October 2023 Simon Alpren Treasurer appointed 13 January 2021 Clodagh Tunney appointed 9 December 2020 Carey dean Hiles appointed 11 July 2022

Registered Office

Holy Nativity Church Wells Road Knowle Bristol BS4 2AG

Independent Examiners

Geoff Archer Bristol Community Accountants CIC The Park, Daventry Road, Knowle Bristol BS4 1DQ

Bankers

Lloyds TSB 284 Wells Road Knowle Bristol BS4 2PY

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

TRUSTEES’ REPORT

YEAR ENDED 31 MARCH 2023

The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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).

Structure, Governance and Management

Organisation

The Trustees are appointed or reappointed annually at AGM held in June.

Objectives and activities

Objects of the Charity

The objects of the charity are:

The objective of the Children’s Workshop is creative community play scheme in a diverse, safe and caring environment, for children aged 4 to 12 years, who are resident in Totterdown and the adjoining areas of Bristol.

Public Benefit

In shaping the objectives for the year and planning activities, the trustees have considered the Charity commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

Summary of main objectives

YEAR ENDED 31 MARCH 2023

Chair’s Report

I am pleased to share the Workshop's Annual Report for 2022/23, my first as the chair of the management committee. I assumed the position not long after the last annual report and AGM last summer. By that time my family and I had been in Bristol just over a year and I was keen to start giving back to a community that had welcomed us warmly.

Since then, I've been getting to know the Workshop, what the children get up to, the issues it faces, the people who work tirelessly to run it, and some of the parents who trust us to look after their children. What I've seen are that the important fundamentals are in place: children have a great time after school and in the holidays; our staff are conscientious and friendly; and we're on a relatively stable financial footing, after the challenges of Covid-19.

I've also seen where the committee and I can use our experience to make positive changes.

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

TRUSTEES’ REPORT

YEAR ENDED 31 MARCH 2023

Organisations and the people that run them can always do things better, and the Workshop is no different. The focus for the committee for coming year is to empower the Play Team to keep generating enjoyable experiences for your children. This means creating a supportive working environment, where the team are encouraged to develop, share their ideas and have the resources they need.

One notable change for the start of the school year is the departure of Lia Graham, our Play Leader. Lia joined the Workshop in November 2021, joining us during the turbulent Covid-19 years and bringing some much welcome energy, commitment, and stability. Under Lia’s watch, the Workshop recovered post-pandemic to be busier, on a more sustainable financial footing, and of course, the children are having a fun time.

Lia also spearheaded policy changes and was instrumental in us receiving an excellent Ofsted inspection. For Tyrone in particular, Lia has been a great mentor, supporting him through his career development; with Lia’s support, Tyrone is well equipped to step and be our Acting Play Leader, bringing his own energy, ideas, and impact on the setting.

We are incredibly grateful to Lia for her tireless efforts at the Workshop and wish her the best for the future.

Lia’s legacy will live on at the Workshop with the creation of our new vision. The Vision aims to set a direction for the Play Team and committee to travel towards together. Underpinned by an ethos that Lia created, and complemented by the committee, we are pleased to share it with you:

The Workshop provides a fun and nurturing place for children to spend time after school or during the holidays. Our after-school club is a space for Hillcrest Primary School children to play or unwind after their day. During the holiday club, children from Hillcrest and other schools have a great time with their friend, enjoying lots of activities and games.

Using Early Years Foundation Stage principles, the Workshop provides:

Play Team led activities, like ballgames in the hall and themed events
Free play using our toys, games, costumes, sports, and arts and crafts equipment
Outdoor play in the local parks in Totterdown and Knowle (weather permitting)

Our Play Team supervise the children but encourage them to choose how they spend their time.

The Play Team are friendly, caring and love spending time with the children. Our management committee, made up of parent volunteers with varied professional backgrounds, support the Play Team to make the Workshop feel like a home from home.

Everything we do will be aimed at making that vision a reality.

Over the past year or so, we have said goodbye to Emily Rumble and Alex Wheatley. We have welcomed Justin Ibbett to the team and have strengthened our bank staff adding Jo, Keri, Thea, Helen, Caitlin and Grace. Throughout this year, our team have been helped by Joe Freestone and Sam Andrews, two boys we have supported to fulfil the community service aspect of the Duke of Edinburgh Award. The children have enjoyed having some older kids to look up to (and play football with) and we have enjoyed supporting their development in return.

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

TRUSTEES’ REPORT

YEAR ENDED 31 MARCH 2023

This year, Tyrone has been working towards his Level 3 Playleader qualification, and we will be looking to support him further as he continues his development. Fiona Thorn, our administrator, remains instrumental at keeping the show on the road, handling most of our back-office functions. Fiona has been particularly helpful to me in my first year as the chair. We are still rebuilding the team, but with the new additions and the process to appoint a permanent Play Leader as our next step, we are looking forward to a successful year ahead.

This summer we trialled some fundamental changes. Historically our summer holiday club has opened for 3 days a week, 4 weeks of the summer, with the setting closed for the last fortnight of the holidays. This year, we trialled operating for the full 6 weeks, to maximise our service to parents. Over the coming period, we will evaluate how it went, including launching a brief survey for parents, and will decide on a longer-term policy on holiday club opening days.

The management committee, largely made up of parents of children who attend the Workshop, will also undergo some changes. We're saying goodbye to Gill Cox and Sarah McQuatt who have been on the committee for 4 and 5 years respectively. We will be sad to see them go and have valued their contribution. Gill and Sarah brought welcome perspective, experience, and sensible suggestions to respond to the day-to-day challenges and opportunities in running a childcare setting. I am particularly grateful for their support.

And so, we will be on the hunt for new committee members. As a charity with a parent-led management committee, the Workshop has relied on volunteers bringing their skills to keep the place going for nearly 40 years. If you would like to join the committee, to help us deliver the vision and ensure Totterdown and Knowle has valuable wraparound and holiday childcare options, please contact me on chair@tccw.org.uk. Experience with communications, fundraising or HR would be great, but so too is energy, a good sense of humour and a desire to get stuck in. We would love to hear from you.

A year of change then, with plenty more to come. It will take time. It will be challenging, but so is anything that's worth doing. We remain grateful for your support; it is a privilege to look after your children and make sure they enjoy their time at the Workshop. And without you, we would not be here. Thank you. I look forward to delivering another year of high-quality, fun, and friendly childcare to you all.

Play Leader’s Report

Lia Graham stepped down as Play Leader effective 20 September 2023. Tyrone Mignott has been appointed Acting Play Leader until a permanent successor is appointed. The report in this year’s AGM was drafted by Lia prior to her departure and delivered by Tyrone.

I have now been in the role as playleader for 18months. At the previous AGM meeting back in March 2022, I highlighted some of the changes that could be worked on to ensure a smoother running of the workshop such as ensuring the policies and procedures reflected any updates to legislation, and ensuring all staff have the correct training and support.

There have been some wonderful achievements over the past year, so I would just like to take a moment to share this with you.

Firstly, we are very proud to have passed our Ofsted inspection. This is always one of the most nerve

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

TRUSTEES’ REPORT

YEAR ENDED 31 MARCH 2023

wrecking experiences that any childcare setting has to go through, but we all worked well as a team and answered all questions that were put our way. So, a big thank you to all.

Our new chair has worked hard with both the committee and staff to come up with a vision, an agreed ethos for us all to embrace and work towards.

In January Simon and I attended safer recruitment training, which is vital for the safer running of the business. We are now employing more bank staff to cope with our ever-increasing demand. We have recruited a new play worker, Justin, who brings fantastic knowledge and experience in arts and crafts.

Tyrone, the Deputy Play Leader, continues to evolve and is now working hard to complete his Level 3 in Playwork, also increasing his understanding when supporting children with diverse needs through access sports training.

We have supported two Duke of Edinburgh Award participants to fulfil a 4-month long placement. This was a great opportunity for both parties, and it’s been great having them here and watching them develop. This is something we are keen to offer in the future, possibly leading to apprenticeship placements.

We now offer later collections from enrichment clubs at Hillcrest Primary School during term time.

Our Facebook page is updated weekly with the fun and engagement that children have here. It is a great reviewing platform for parents and carers to follow.

This year we have seen a high intake of early years children, which is great for the longevity of the Workshop. The success of this is down to advertising and open days, so thank you to Fiona for organising this.

With so many little ones, I have used my Early Years skills and experience to help children to feel more settled and valued. They are all doing so well. I am passionate about children experiencing outdoor play opportunities and learning about nature. We made the most of the many green spaces and businesses in our local community during the occasional good weather over the summer and saw the children flourish.

So, if you feel that you would like to be a part of this fun, local caregiving charity, in any way – by donating a couple of hours of your time to join the committee or by showcasing a skill to the children – please don’t hesitate to get in touch.

Treasurer’s Report

The 2022/23 financial year saw a return to some semblance of normality at the Workshop, certainly compared to the previous 3 Covid-impacted years. The setting was open throughout the year with a new permanent play lead and new Chair in place. This stability and renewed focus resulted in an increase in children attending the setting and therefore higher income. However, high inflation and increased staff costs resulted in higher expenditure than prior years and the semi-regular teacher strikes did reduce opening hours.

As a result, the setting generated a net loss of £3.1k during the year. This was an improvement on the prior years which saw a net loss of £8.8k (2021/22) and £3.4k (2020/21). Despite the reduction in losses

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TRUSTEES’ REPORT

YEAR ENDED 31 MARCH 2023

during the year, continued expenditure in excess of income is not sustainable. Therefore, the financial objective is to aim for a break-even position each year.

Income

During the year, TCCW generated £60k income from after school (ASC) and holiday club (HC) bookings and annual fees. This was £17k or 39% more than the previous year. The main reasons for the increase in income were:

More children attending the ASC – this increased from an average of 20.7 in 2021/2022 to 21.4 in 2022/2023.
More children attending the HC – this increased from an average of 11.5 (full day) and 5.4 (school day) in 2021/2022 to 15.8 (full day) and 6.7 (school day) in 2022/2023.
The incremental fee increase put in place at the start of the year.

The £60k income included £1.7k in annual fees paid by regular users of the setting. This money is essential in ensuring the sustainability of the Workshop.

In addition to the Income generated from after school and holiday club bookings, TCCW was granted £1k from Tesco during the year. This was to be used for equipment and resources in the Workshop. There was no grant money from BCC during the year.

Expenditure

Staff costs (including HMRC & Pension costs) are TCCW’s biggest expenditure and in 2022/23 they were 85% of total income. Although this is high, it is an improvement on the prior year when staff costs were 10% greater than our entire annual income. This is the second year that staff costs as a percentage of income have reduced, having been almost 40% higher than income during 2020/2021. We need to continue reduce to staff costs as a percentage of income to around 75%, which is a sustainable level given the other costs in the Workshop.

Despite staff costs reducing as a percentage of income, the committee unanimously agreed to increase hourly wages for all permanent staff mid-way through the year. This was in response to the ongoing cost of living crisis and high inflation. It is one of the committee’s priorities to ensure all Workshop employees are happy, motivated and properly remunerated.

Rent costs increased in 2022/2023 to £5.4k compared to £4k during the prior year. This was due to the setting being open continuously throughout the year and the Church ending their 50% discount for use of the setting put in place during Covid.

Other costs (including play equipment, food and drink for the setting and iPAL) increased from £5.2k in 2021/2022 to £6.1k in 2022/2023. This reflected the increased costs for most goods and services and the continued investment in play equipment.

Reserves

As of March 31st 2023, the balance in the TCCW Treasurers account was £36,345. This was £1,957 less than the equivalent balance at the end of March 2022. As at 31[st] March 2023, the unrestricted reserve figure stood at £33,729. Restricted funds stood at £469.

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

TRUSTEES’ REPORT

YEAR ENDED 31 MARCH 2023

We continue to hold a minimum of six months running costs as a reserve to give us greater financial stability. Due to the need to have access to cash if required, we have not rolled over the deposit maturity and instead are holding the £30,000 reserve in the Treasurers account.

Future Outlook – 2023/24

A 6 month rolling cash-flow forecast has been used to manage our cash over the past 12 months. This is updated each month based on expected numbers of children due to attend the Workshop and on actual income and expenditure during the month. This gives the Committee good visibility of the financial position of the TCCW over the next six months. As of the start of September 2023, the balance on the TCCW Treasurers account was £40.6k.

The Committee has agreed to increase afterschool club fees to £11.50/day (an 8.7% increase on current fees) and holiday club fees to £24 and £30 for school and full days (4% and 3% increases respectively) from Term 1 of the new school year. The increase in fees is regrettable given the current cost of living crisis, but absolutely necessary given the Workshop’s own cost pressures.

The next 12 months look more positive from a financial perspective than any of the last 3 Covid affected years. Costs are being managed and the number of children attending the setting are steadily increasing. The new Chair has also instigated a longer-term vision of the Workshop which provides a stable foundation on which the setting can flourish.

It is the committee’s firm belief and expectation that the Workshop can continue servicing the childcare needs of the community for another 12 months and beyond.

Trustees’ responsibilities in relation to the financial statements

Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements
recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the governing document.

The trustees are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

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TOTTERDOWN CHILDREN’S COMMUNITY WORKSHOP

TRUSTEES’ REPORT

YEAR ENDED 31 MARCH 2023

Approved by the trustees and signed on their behalf by:

…………………………………………….

Razeeb Ahasan

…………………………………………….

31/1/2024

Date ………………………………………

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

YEAR ENDED 31 MARCH 2023

I report on the accounts of the Charity for the Year ended 31st March 2023 which are set out on pages 11-17.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (‘the Charities Act’) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts under section 145 Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1) which gives me reasonable cause to believe that in, any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and comply
with the accounting requirements of the Charities Act

have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

……………………………………………………. Bristol Community Accountants CIC Geoff Archer The Park Daventry Road, Knowle, Bristol, BS4 1DQ

Date ..............................................

31/1/2024

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TOTTERDOWN CHILDREN'S COMMUNITY WORKSHOP

STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account)

YEAR ENDED 31 MARCH 2023

Unrestricted Funds £ 52 59,087	Designated Fund £ - -	Restricted Funds £ 1,128 -	Total Funds 2023 £ 1,180 59,087	Total Funds 2022 £ 4,697 45,258
59,139	-	1,128	60,267	49,955
61,025 1,700	- -	659 -	61,684 1,700	57,188 1,575
62,725	-	659	63,384	58,763
(3,586) 27,315	- 10,000	469 -	(3,117) 37,315	(8,808) 46,123
23,729	10,000	469	34,198	37,315

The charity has no recognised gains or losses other than the results for the year as set out above.

All of the activities of the charity are classed as continuing

The notes on pages 13 to 17 form part of these financial statements

As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

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BALANCE SHEET

YEAR ENDED 31 MARCH 2023

2023 £ 437 36,369	£ 34,198	2022 £ 1,128 38,302
36,806 (2,608)		39,430 (2,115)
33,729 469		37,315
	34,198	37,315
		37,315 -
	34,198	37,315

31/1/2024

These financial statements were approved by the trustees on ……………………………. and are signed

on their behalf by:

----- Start of picture text -----
……………………………….
----- End of picture text -----

………………………………. ………………………………. Chairperson Treasurer Razeeb Ahasan Simon Alpren

The notes on pages 13 to 17 form part of these financial statements

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NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

1 Basis of Preparation

a) These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2019) - (Charities SORP(FRS 102)) and with the Charities Act 2011.

b) The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
c) The charity constitutes a public benefit entity as defined by FRS 102.

2 Accounting Policies

a) Income from donations is included in income and endowments when these are receivable, except as follows:

i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.

ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-condition have been met.

b) Expenditure is recognised in the period in which they are incurred. Expenditure includes attributable VAT which cannot be recovered.
c) Most expenditure is directly attributable to specific activities, and have been included in those cost categories. Support cost have been allocated 100% towards the charitable activities of the charity.
d) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.
e) 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.
f) The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
g) The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.
h) The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the period.

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NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

Income and Endowments From:

3 Donations and legacies

Fundraising and Donations Grants JRS Claim	Unrestricted Funds £ 52 - -	Restricted Funds £ - 1,128 -	Total Funds 2023 £ 52 1,128 -	Total Funds 2022 £ - 1,468 3,229
	52	1,128	1,180	4,697

Donations and legacies prior year - all unrestricted

4 Charitable Activities

Fees & Registration	Unrestricted Funds £ 59,087	Restricted Funds £ -	Total Funds 2023 £ 59,087	Total Funds 2022 £ 45,258
	59,087	-	59,087	45,258

Charitable activities prior year - all unrestricted

5 Government grants

The charity did not receive any government grants in the period (2022:£4,697). There are no unfulfilled conditions or contingencies attaching to these grants in the year ended 31 March 2023.

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NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

Expenditure on:

6 Charitable activities

Staffing and agency costs Refreshments Equipment & materials Rent Postage/Stationery/Printing Telephone & internet Maintenance & cleaning Miscellaneous Software & licences Training Recruitment Payroll	Unrestricted Funds £ 51,707 785 24 5,437 11 1,039 537 209 532 50 242 452	Restricted Funds £ - - 659 - - - - - - - - -	Total Funds 2023 £ 51,707 785 683 5,437 11 1,039 537 209 532 50 242 452	Total Funds 2022 £ 49,247 574 373 3,804 191 756 858 160 432 80 205 508
	61,025	659	61,684	57,188

Charitable activities prior year - all unrestricted

7 Other

Other
Independent examination Accountancy costs Insurance Membership fees	Unrestricted Funds £ 582 235 421 462	Restricted Funds £ - - - -	Total Funds 2023 £ 582 235 421 462	Total Funds 2022 £ 529 214 370 462
	1,700	-	1,700	1,575

Other prior year - all unrestricted

8 Net incoming resources for the year

This is stated after charging:

Independent Examiners Fee

2023	2022
£	£
582	529

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NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

9 Staff costs and numbers

The aggregate payroll costs were:

Wages and salaries Pension	2023 £ 51,445 262	2022 £ 48,985 262
	51,707	49,247

No employee received emoluments of more than £60,000.

The average monthly head count was 10 staff (2022:9 staff)

The key management personnel of the charity comprise the board of trustees. The total employee benefits of key management personnel, during the year, total £nil (2022: £nil).

10 Related Party Transactions

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022: £nil) no trustee was reimbursed expenses incurred during the year £0 (2022: £160). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

There were no other related party transaction in the year (2022: £nil)

11 Debtors

Debtors
Fees due HMRC	2023 £ - 437	2022 £ 1,128 -
	437	1,128

12 Creditors: amounts falling due within one year

Trade Creditors Accruals	2023 £ - 2,608	2022 £ 89 2,026
	2,608	2,115

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NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2023

13 Analysis of charitable funds

At 01-Apr 2022 £ - 27,315 10,000	Incoming resources £ 1,128 59,139 -	Outgoing resources £ (659) (62,725) -	Transfers £ - - -	At 31-Mar 2023 £ 469 23,729 10,000
37,315	60,267	(63,384)	-	34,198
Redundancy & Refurbishment reserve General Restricted Funds Funds £ £ 35,900 469 (2,171) - 33,729 469			Total Funds £ 36,369 (2,171)
	33,729	469	34,198

14 Analysis of net assets between funds

15 Analysis of charitable funds - previous year, as required by paragraph 4.2. of the SORP

Unrestricted Funds £ 4,697 45,258	Designated Funds £ - -	Total Funds 2022 £ 4,697 45,258
49,955	-	49,955
57,188 1,575	- -	57,188 1,575
58,763	-	58,763
(8,808) 36,123	- 10,000	(8,808) 46,123
27,315	10,000	37,315

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