OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

Page Page
Report ofthe Trustees 1io6
Report ofthe Independent
Auditom		 7 to 6
Statement ofFinancial Activities 10
Balance Sheet
Cash Flow Statement 12
Notes tothe Cash Flow Statement 13
Notes to the Financial Statements 14 io 21

2022 2021
Unrestricted Restricted Total Total
fund fund funds funds
Notes 6 8 F
INCOINE AND ENDOWNIENTS PROS(
Donations and legacies 4 7,722 7,722 5,113
Charitable
activities		 6 606,119 606,119 660,130
Investment
income		 5 29 29 44
Total income 613,870 613,870 665,287
EXPENDITURE ON
Charitable
activities		 7 771,917 771,917 702,983
Total expenditure 771,917 771,917 702,983
Net movement
in funds		 (158,047) (158,047) (37,696)
RECONCILIATION OF FUNDS
Total funds brought forward 402,888 8,785 411,673 449,369
TOTAL FUNDS CARRIED FORWARD ~244 841 ~8785 253,626 411673

2022 2021
Unrestricted Restricted Total Total
fund fund funds funds
Notes F 6 6 6
FIXEDASSETS
Tangible assets 11 47,072 47,072 37,604
CURRENTASSETS
Stocks 12 19,093 19,093 20,364
Debtors 13 254,688 254.688 245,927
Cash at bank 140,452 8,785 149,237 336,699
414,233 8,785 423,018 602,990
CREDITORS
Amounts
falling due within one year		 14 (216,464) (216,464) (228,921)
NET CURRENT ASSETS 197769 8,785 206554 ~374069
TOTAL ASSETSLESSCURRENT
LIABILITIES 244,841 8,785 253,626 411,673
NETASSETS 244,841 8,785 253,626 411,673
FUNDS 16
Restricted 8,785 8,785
Unrestricted
funds		 244 841 402,888
TOTAL FUNDS ~253 826 411673


TRUST LIMITED
Cash Flow Statement
for the year ended 31August 2022
2022 2021
Notes
Cash flows from operating activities
Cash generated
from operations		 1 ~166789 ~99161
Interest received 29 44
Net cash (used in)/provided by operating activities ~166,760 ~99,11
Cash flows from investing activities
Purchase oftangible fixed assets (20,702) (2,113)
Net cash (used in)/provided by investing activities ~20,702 ~2113)
Cash flows from financing activities
Government
grant income		 4,673
Nel cash (used in)/provided by financing activities 4673
Change
in cash and cash equivalents
in the reporting
period		 (187,462) (96,667)
Cash and cash equivalents atthe
beginning
ofthe reporting		 period ~336699 433,256
Cash and cash equivalents atthe end
ofthe mporting
period		 149,237 336,699

RECONCILIATION
OF NET (
ACTIVITIES		 EXPENDITURE )/INCOME
TO NET CAS		 H FLOW FROM OPERATING
2022 2021
Net (expenditure)/income
forthe reporting
Statement ofFinancial Activities)
Adjustments
for.		 period (as per the (158,047) (37,696)
Depreciation
charges		 11,234 8,581
Accrued income (23,627) (57,213)
Government
grant income		 (4,673)
Interest received (29) (44)
Decrease/(increase)
in stocks		 1 271 3,887
Decrease/(increase)
in debtors
(Decrease)/increase
in creditors		 (8,761)
11 1"/0		 (11,916)
~87
Net cash (used in)/provided by operations ~166.789 ~99 161

4. DONATIONS
AND LEGACIES
2022 2021
5 8
Donations 6,347 440
Grants 1375 4673
~7722 5,113
5. INVESTMENT INCOME
2022
5		 2021
f
Sank interest mceivable 29 44
6. INCOME FROM CHARITABLE ACTIVITIES
2022 2021
8
Fees received 541,868 622,154
Registration fees 1,450 1,450
Reclaimables 40,931 24,840
Holiday clubs 8,000
Uniform
income		 6,666 9,246
School trips income 7,204 2,440
606,119 660 130

CHARITABLE ACTIVITIES COSTS
Activities
undertaken Total funds Total funds
directly
6		 Support costs
5		 2022
6		 2021
5
Teaching and education 574,216 574,216 549,388
Welfare 23,323 23,323 15,742
Establishment 57,527 57,527 52,443
Support costs 80,5'I4 80,514 65,617
Other direct charitable 24,332 24,332 10,598
expenditure
Governance costs 12,005 12,005 9,195
Total 759912 12.DD5 771917 722 993

2022 2021
8
Depreciation - owned assets 11,234 8,581
Auditors'
remuneration		 4,500 4,500
Lease expense 27,505 2~6157

STAFF COSTS
2022 2021
Wages and salaries 309,225 301,972
Social security costs 121,500 115,642
Other pension costs 106,084 97,726
Casual labour 36890 ~31565
~573699 546,905
2021 2021
15 15

11. TANGIBLE FIXEDASS ETS
Fixtutes
Land and and Motor
buildings fittings vshides Equipment Totals
8 8 8 F
COST
At 1 September 2021
Additions		 191,797 49,340
~13895		 25,118 187,687
~6807		 453,942
~20 702
At 31August 2022 191,797 63235 25 118 194,494 474,644
DEPRECIATION
At 1 September 2021 178,047 35,256 25,118 177,917 416,338
Charge foryear 1,440 4,873 4921 11,234
At 31August 2022 179,487 40129 25118 182,838 427,572
NET BOOK VALUE
At 31August 2022 ~12 310 ~23106 11656 47,072
At 31August 2021 13750 ~14 084 9,770 37,604
12. STOCKS
2022 2021
8 8
Stacks 19,093 ~20 364
13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
8 8
Trade debtors 251,260 243,198
Prepayments 3,428 ~2729
~254 688 245.927
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
8 8
Trade creditors 19,638 7,096
Other creditors 24,147 25,519
Accruals and deferred income 172,679 196306
216,464 228921
15. OPERATING LEASE COMMITMENTS
The total future
minimum		 lease payments under non-cancefiable operating leases are as follows:
2022 2021
5
Not later than
1 year		 24,954 23,964
Later than
1 year and not		 later than 5years 53,172 69,574
Later than 5years ~323946 300,928
402,072 394,466

MOVEMENT IN FUND S
Net
movement
At 1.9.21
8		 in funds
5		 At 31.8.22
f
Unrestricted funds
General fund 402,888 (158,047) 244,841
TOTAL FUNDS 402,888 ~158,047) 244,841
Net movement in funds, included in the above are as follows:
Net
movement
At 1,9.21 in funds At 31.8.22
f
Restricted funds
Sports Hall 8,785 8,785
TOTAL FUNDS 8,785 8785
Comparatives for movement in funds
Net
movement At
At 1.9.20 in funds 31.8.21
8 8 8
Unrestricted funds
General fund 438,075 (35,187) 402,888
TOTAL FUNDS 438075 ~35,187) ~402 888

As at 31August 2022
Unrestricted Restricted Total
Funds Funds 2022
6 6 6
Tangible fixed assets 47,072 47,072
Current assets 197,769 8,785 206,554
TOTAL FUNDS 244,841 8,785 253,626
As at 31August 2021
Unrestricted Restricted Total
Funds Funds 2021
6
Tangible fixed assets 37,604 37,604
Current assets 365,284 8,785 374,069
TOTAL FUNDS 4F2,888 ~8785 ~411 673