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2022-06-30-accounts

THE POCKET TESTAMENT LEAGUE LTD Report and Accounts year ended 30 June 2022

THE POCKET TESTAMENT LEAGUE LTD

FOR THE YEAR ENDED 30 JUNE 2022

COMPANY INFORMATION

Trustees

M Brickley R T Garner M M Murphy H F Shepheard M A Wiltshire

Key Staff

D Millar

Governing Document Memorandum and Articles of Association dated 15th Nov 1979 Company Registration Number 1461289 Charity Registration Number 281910 Registered Office and Melville Lodge Principal Address South Chailey Lewes East Sussex BN8 4AB Independent Examiner Sarah Crispin ACA Stewardship 1 Lamb's Passage London EC1Y 8AB

Contents Page
Company Information 1
Trustees' Annual Report 2-3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Accounts 7-12
Detailed Statement of Financial Activities with Comparatives 13

Page 1

THE POCKET TESTAMENT LEAGUE LIMITED

TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 30 JUNE 2022

The trustees, who are the charity’s directors for the purposes of company law, present their report and accounts for the year ended 30 June 2022.

Objectives and activities

The UK has historically benefited from a strong Biblical foundation, providing a value base that builds strong families and society. As our culture has grown more secular, there has been a decline in this Biblical foundation, and our society is paying the price. Additionally, much of the recent immigration has been from countries which have very little historical exposure to the Bible and the values it offers. The Pocket Testament League (also using the name "Bridge Builders") desires to address these issues, helping people find peace with their Creator, and purpose for their lives.

The Pocket Testament League’s mission is to mobilise and equip Christians to read, carry, and share the Word of God. We encourage members to dedicate a pocket to the Lord, to carry a small Gospel of John in that pocket, and to look for opportunities to share the Word of God as God guides them. Our vision is to recruit 100,000 supporters who will bring the Bible back to the UK in a powerful, and very personal way. Our long-term vision is to champion the Word of God, and to encourage everyone to read it for themselves.

The directors have determined to keep the activities undertaken under review in considering the Charity Commission's guidance on public benefit, and, in particular, the specific guidance on charities for the advancement of religion. The charity undertakes a number of activities in order to achieve these objectives and is committed to ensuring that these activities are open to all in their communities in addition to being available via Christian church fellowships.

The Company is developing policies to:

  1. Recruit supporters who will share the Word of God. These ‘members of the movement’ are recruited using social media, church presentations, and strategic partnerships.

  2. Print and provide Gospels of John with attractive covers, along with other Christian publications. We will send them for free to any who ask.

  3. Communicate regularly with supporters through email and social media, sharing inspirational stories and evangelism ideas from other members of the movement.

  4. Create custom Gospels of John for churches, ministries, businesses, and individuals to encourage them to share the Word of God.

Achievements and performance

During the past 2 years we have recruited more than 20,000 supporters who have joined the movement to bring the Bible back to the UK. We expanded our Gospel offerings from just four cover designs to more than four dozen, adding foreign language Gospels to our range, including Arabic, Farsi, Finnish, French, Lithuanian, Polish, Malagasy, Welsh and Ukrainian to better reach a wider and more diverse population.

During this year our supporters have shared pocket Gospels with more than 650,000 people. This is a significant increase on the year to June 2021 and growth has largely been driven by the Queen’s Platinum Jubilee, which saw 200,000 commemorative Gospels distributed in the UK, and 100,000 Gospels which were sent to Ukraine.

Our Gospels and booklets have been stored and sent out by Verité in West Sussex, a Christian company, that has also printed and mailed out periodic magazines and other mailings on our behalf. Our office is linked to Verité by an administrative website.

A closer working relationship with PTL in the United States was established in 2018 which has resulted in an improvement in the use of internet technologies and an increase in future gospel provision.

PTL ministries in India again greatly benefited from generous donations, with £47,000 being donated to the work in India during the last year.

Funds from generous US supporters continues to help the charity to grow. This has enabled us to invest in Facebook advertising to improving our ability to promote literature, broaden the products available, increase ordering volumes, draw new supporters. The financial accounts reflect the value of donated resources for Facebook member recruitment, website development, travel and Gospels printed. The directors remain grateful to our supporters for their continued prayer, financial giving and partnership in sharing the good news about Jesus.

Page 2

THE POCKET TESTAMENT LEAGUE LIMITED

TRUSTEES' ANNUAL REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022

Financial review

The directors are reporting a deficit for the year of £59,019 (2021: surplus £52,967) A build-up of reserves from the last few years has meant that the charity has been able to concentrate on producing and expanding its range and breadth of gospel distribution worldwide with the result that unrestricted reserves have decreased from £187,286 at the beginning of the year to £119,724 at the end of the financial year.

Donations continue to be made to support new and ongoing gospel projects. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least between three and six months of unrestricted fund expenditure. The directors consider that reserves at this level will ensure that, in the event of a significant fall in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. The level of reserves held at the end of the year represented over 7 months' expenditure which is in excess of normal policy.

Reference and administrative information is provided on the page following the cover sheet.

The directors have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The Pocket Testament League is a company limited by guarantee.

Directors are appointed and removed in accordance with the company's memorandum and articles of association by members at a general meeting. Existing directors may appoint directors at a meeting of the board.

None of the directors has any beneficial interest in the company. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up.

Responsibilities of trustees under company law

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the trustees and signed on their behalf by:

.............................. M A Wiltshire Director Dated: ......................... 9th February, 2023

Page 3

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE POCKET TESTAMENT LEAGUE LTD

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2022 on pages 5 to 13 following, which have been prepared on the basis of the accounting policies set out on pages 7 to 8.

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

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.

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:

  1. 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

  3. 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

  4. 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.

Sarah Crispin ACA Institute of Chartered Accountants in England & Wales

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 9th February, 2023

Page 4

THE POCKET TESTAMENT LEAGUE LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Investments
Total income and endowments
EXPENDITURE ON:
Charitable activities
4
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 Unrestricted
Funds
£
126,330
5
126,335
193,897
193,897
-
(67,562)
-
(67,562)
187,286
119,724		 Restricted
Funds
£
170,685
-
170,685
162,142
162,142
-
8,543
-
8,543
19,975
28,518		 Total
Funds
2022
£
297,015
5
297,020
356,039
356,039
-
(59,019)
-
(59,019)
207,261
148,242		 Total
Funds
2021
£
256,235
1
256,236
203,269
203,269
-
52,967
-
52,967
154,294
207,261

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on pages 7-12 form part of these accounts.

Page 5

THE POCKET TESTAMENT LEAGUE LTD

BALANCE SHEET

AS AT 30 JUNE 2022

Note
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Stock
7
Debtors
8
Cash at bank and in hand
9
CREDITORS: Amounts falling
due within one year
10
Net current assets / (liabilities)
Total assets less current liabilities
FUND BALANCES
12
Unrestricted Funds
Restricted Funds		 Unrestricted
Funds
£
1,111
1,111
21,798
1,913
114,232
137,943
(19,330)
118,613
119,724
119,724
-
119,724		 Restricted
Funds
£
-
-
-
50
28,601
28,651
(133)
28,518
28,518
-
28,518
28,518		 Total
Funds
2022
£
1,111
1,111
21,798
1,963
142,833
166,594
(19,463)
147,131
148,242
119,724
28,518
148,242		 Total
Funds
2021
£
713
713
16,881
1,682
201,920
220,483
(13,935)
206,548
207,261
187,286
19,975
207,261

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

M A Wiltshire

Date: _______9 February, 2023

Company number: 1461289

The notes on pages 7-12 form part of these accounts.

Charity number: 281910

Page 6

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

COMPANY INFORMATION

1 Statutory Information

The Pocket Testament League Ltd is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These 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) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

Grants and donations payable are taken into account at the earlier of when they are paid or become legally enforceable.

d) Fund accounting Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used.

e) Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:-

Computers Over 3 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the statement of financial activities.

Page 7

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

COMPANY INFORMATION

f) Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

g) Stocks

h) Pension scheme arrangements

Payments to defined contribution reitrement benefit schemes are charged as an expense as they fall due.

i) Taxation The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

j) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

k) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

l) Commitments for future expenditure

Other than the normal commitments under contracts of employment there are no contractual or constructive obligations to future expenditure at the balance sheet date. Where the directors have authorised expenditure which is not yet legally enforceable or become constructive obligations amounts are set aside into funds designated for the purpose.

m) Critical accounting estimates and areas of judgement

The trustees do not consider that there are any material sources of estimation or uncertainty at the balance sheet date that could result in a material adjustment to the carrying values of assets and liabilities in the next reporting period.

3
Donations and legacies
Donations and gifts
Literature donations
Donations in goods and services
Legacies receivable
Income tax recoverable
4
Charitable activities
a
Costs incurred directly on specific activities
Staff costs
Depreciation and impairment
Literature purchases and stock movement
Newsletter
Travelling expenses
Storage
Processing costs
Postage and stationery
Member recruitment and mobilisation
Grants (see note 4c)		 Unrestricted
Funds
£
59,648
60,434
-
-
6,249
126,330
Unrestricted
Funds
£
-
733
79,230
1,577
5,489
6,480
30,806
24,327
11,313
159,955
-
159,955		 Restricted
Funds
£
143,872
26,660
-
-
153
170,685
Restricted
Funds
£
17,600
-
95,995
-
-
-
-
-
113,595
47,000
160,595		 Total
2022
£
203,520
87,094
-
-
6,401
297,015
Total
2022
£
17,600
733
175,225
1,577
5,489
6,480
30,806
24,327
11,313
273,550
47,000
320,550		 Total
2021
£
138,436
72,826
30,748
10,689
3,536
256,235
Total
2021
£
8,800
357
78,758
4,461
-
6,240
13,232
12,015
13,092
136,955
43,500
180,455

Page 8

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

COMPANY INFORMATION

b
Costs incurred on support & administration
Governance costs
Fee for examining the accounts
Staff costs
Administrative expenses		 1,560
-
32,382
33,942
193,897		 -
1,000
547
1,547
162,142		 1,560
1,000
32,929
35,489
356,039		 2,356
-
20,458
22,814
203,269

The fee payable to the independent examiner for examining the accounts was £1,560 (2021: £1,100); in addition the charity paid £547 (2021: £1,256) for other services.

c Grants payable

Grants for PTL India
The comparatives for the previous year are as follows:
Grants for PTL India
Gross wages and salaries
Pension costs
Analysis of staff costs, the cost of key management personnel and trustee remuneration		 Institutions
£
47,000
47,000
Institutions
£
43,500
2022
£
17,000
1,600
18,600		 2022
£
47,000
47,000
2021
£
43,500
2021
£
8,000
800
8,800

5 Analysis of staff costs, the cost of key management personnel and trustee remuneration

The average monthly number of employees during the year was 1 (2021: 1). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

No trustees received employment benefits in either the current or preceding year.

During the year key management received employment benefits totalling £17,600 (2021: £8,800).

6 Tangible fixed assets

Cost
At 1 July 2021
Additions
At 30 June 2022
Accumulated depreciation
At 1 July 2021
Charge for the year
At 30 June 2022
Net book value
At 30 June 2022
At 30 June 2021
Stock
Literature		 Computers
£
1,070
1,131
2,201
357
733
1,090
1,111
713
2022
£
21,798
21,798		 Total
2022
£
1,070
1,131
2,201
357
733
1,090
1,111
713
2021
£
16,881
16,881

7 Stock

Page 9

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS COMPANY INFORMATION

8 Debtors

tors
Falling due within one year:
Tax recoverable
Other debtors
Prepayments and accrued income
Total debtors		 2022
£
607
735
621
1,963		 2021
£
412
665
604
1,682

9 Cash at Bank and in Hand

Cash at bank with immediate access 2022
£
142,833		 2021
£
201,920

10 Creditors: liabilities falling due within one year

itors: liabilities falling due within one year
Taxation and social security
Other creditors
Accruals		 2022
£
667
16,383
2,413
19,463		 2021
£
598
10,984
2,353
13,935

11 Pension commitments

During the year employer's pension contributions totalling £1,600 (2021: £800) were payable to defined contribution personal pension schemes. Pension contributions of £133 (2021: £133) were owing at the balance sheet date.

12 Funds

During the year the movements in the charity's funds were as follows:

Unrestricted Funds
Restricted Funds
PTL India
Salary support
Irish gospels
Brazil gospels
Finnish gospels
Madagascar gospels
Polish gospels
Prayer breakfast gospels
Queen's Jubilee gospels
Swedish gospels
Ukraine gospels
Welsh gospels
Aggregate of funds		 Opening
balance
2022
£
187,286
4,013
1,752
14,210
-
-
-
-
-
-
-
-
-
19,975
207,261		 Incoming
resources
2022
£
126,335
43,498
27,602
-
7,948
7,215
6,563
3,534
8,128
30,630
8,835
17,860
8,872
170,685
297,020		 Outgoing
resources
2022
£
(193,897)
(47,000)
(19,147)
(14,210)
(7,948)
(7,215)
(6,563)
(264)
(2,432)
(30,630)
-
(17,860)
(8,872)
(162,142)
(356,039)		 Closing
balance
2022
£
119,724
511
10,206
-
-
-
-
3,270
5,696
-
8,835
-
-
28,518
148,242

Page 10

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS COMPANY INFORMATION

Restricted funds

PTL India is a sister church and evangelistic organisation in India. The Salary Support fund is to help towards the salary cost of the chief executive officer. The Irish gospels fund is to help fund the supply of gospels in Ireland. The Brazil gospels fund is to help fund the supply of gospels in Brazil. The Finnish gospels fund is to help fund the supply of gospels in Finland. The Madagascar gospels fund is to help fund the supply of gospels in Madagascar. The Polish gospels fund is to help fund the supply of gospels in Poland. The Prayer breakfast gospels fund is to help fund the supply of gospels in prayer breakfasts. The Queen's Jubilee gospels fund is to help fund the supply of gospels in commemoration of the Queen. The Swedish gospels fund is to help fund the supply of gospels in Sweden. The Ukraine gospels fund is to help fund the supply of gospels in Ukraine. The Welsh gospels fund is to help fund the supply of gospels in Wales.

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

ysis of net assets by fund
assets and liabilities of the various funds were as follows:
Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 Unrestricted
funds
£
1,111
21,798
1,913
114,232
(19,330)
119,724		 Restricted
funds
£
-
-
50
28,601
(133)
28,518		 2022
£
1,111
21,798
1,963
142,833
(19,463)
148,242

In the previous year the movements in the charity's funds were as follows:

Unrestricted Funds
Restricted Funds
PTL India
2017 Project proposal
India general
Salary support
English gospels
Irish gospels
Member recruiting
Urdu gospels
Aggregate of funds		 Opening
balance
2020
£
142,257
5,053
6,984
-
-
-
-
-
-
12,037
154,294		 Incoming
resources
£
160,982
42,234
-
7,200
10,905
14,540
14,540
3,635
2,200
95,254
256,236		 Outgoing
resources
£
(115,953)
(43,500)
(6,984)
(6,974)
(9,153)
(14,540)
(330)
(3,635)
(2,200)
(87,316)
(203,269)		 Transfers
in the year
£
-
226
-
(226)
-
-
-
-
-
-
-		 Closing
balance
2021
£
187,286
4,013
-
-
1,752
-
14,210
-
-
19,975
207,261

Page 11

THE POCKET TESTAMENT LEAGUE LTD

NOTES TO THE ACCOUNTS

COMPANY INFORMATION

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

ysis of net assets by fund
e previous year, the assets and liabilities of the various funds were as follows:
Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
713
16,881
1,682
181,945
-
(13,935)
187,286
-
Unrestricted Funds		 Restricted
funds
£
19,975
19,975		 2021
£
713
16,881
1,682
201,920
(13,935)
207,261

13 Transactions with related parties

During the year the charity:

14 Members

Each member of the company commits to contribute if the charity is wound up an amount of £1.

Page 12

THE POCKET TESTAMENT LEAGUE LTD

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 30 JUNE 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Investments
Total income and endowments
EXPENDITURE ON:
Charitable activities:
4
Total Expenditure
Net income for the year / Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
12		 Unrestricted
2022
£
126,330
5
126,335
193,897
193,897
(67,562)
187,286
119,724		 Restricted
2022
£
170,685
-
170,685
162,142
162,142
8,543
19,975
28,518		 Total
2022
£
297,015
5
297,020
356,039
356,039
(59,019)
207,261
148,242		 Unrestricted
2021
£
160,981
1
160,982
115,953
115,953
45,029
142,257
187,286		 Restricted
2021
£
95,254
95,254
87,316
87,316
7,938
12,037
19,975		 Total
2021
£
256,235
1
256,236
203,269
203,269
52,967
154,294
207,261

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