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|Legal and Administrative||Information|1-2|
|---|---|---|---|
|Trustees'
Report|||3-9|
|Independent
Examiner's||Report|10|
|Statement
of Financial|Activities|||
|Balance Sheet|||12|
|Notes to the Financial Statements|||13-23|
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|Independent||||
|---|---|---|---|
|Examiner:|JCSAccountants,
5 Robin Hood Lane, Sutton, Surrey SM1 2SW|||
|Bankers:|CAF Bank Limited,
Kings
Hill, West Mailing,
Kent|ME194TA||
||National
Westminster
Bank pic, Tavistock House,|Tavistock Square, London|WC1H 9XA|
|Solicitors:|Medlicott
& Benson, 5Curates Walk, Wilmington,|Kent, DA2 7BJ||
|Registered|Summit
House, Wandle Road, Croydon
CRO 1DF|||
|Office:|(This is also the Principal
Office of Phab)|||
|Websites:|www. phab. org.uk and www. phabkids. co.uk|||
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||||Unrestricted|Restricted||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds|Total|Funds|Funds|Total|
|||2022
Note||2022
f|2022|2021
f'|2021
f'|2021|
|Income from:|||||||||
|Donations
and legacies|||301,817|61,500|363,317|299,121|74,540|373,661|
|Other trading
activities|||2,475||2,475|507||507|
|Investments|||2,214||2,214|17,366||17,366|
|Charitable
activities|||39,322|5,000|44,322|18,896|5,000|23,896|
|Other income|||~50058||~50058|133888||133888|
|Total income|||395886||462386|469 778|79540|549318|
|Expenditure
on:|||||||||
|Raising funds|||184,911||184,911|302,913||302,913|
|Charitable
activities|||279401|94756|374157|309337|1 000|310337|
|Total expenditure||4|464312|94756|559068|612250|1 000|613250|
|Net gains on investments||10||||58,500||58,500|
|Net income/(expenditure)|||(68,426)|(28,256)|(96,682)|(83,972)|78,540|(5,432)|
|Transfers between|funds|13|||||||
|Net movement
in|funds||(68,426)|(28,256)|(96,682)|(83,972)|78,540|(5,432)|
|Reconciliation
of|funds||||||||
|At 1 April 2021
At 31 March 2022|||712478
882252|154 128
12j872|866 606
78L828|796450
Z12 ~47|75 588
~8|872 038
86L225|
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|||As at 3|1 March 2022|||
|---|---|---|---|---|---|
|||Note|2022|2021||
|Fixed Assets||||||
|Tangible assets||9|121,931||133,476|
|Investments||10|325,100||325,100|
||||447,031||458,576|
|Current Assets||||||
|Stocks||||2,044||
|Current asset investments|||240,509|238,343||
|Debtors|||42,007|42,987||
|Cash at bank and in hand|||91,877|206,981||
||||374,393|490,355||
|Liabilities||||||
|Creditors
falling due within|one year||~42,920|39,476||
|Net Current Assets|||331,473||450,879|
|Total assets less current|liabilities||778,504||909,455|
|Provisions
for liabilities and|charges|19|(8,580)||(42,849)|
|Net Assets|||769,924||866,606|
|Funds||||||
|Unrestricted
funds|||614,514||569,807|
|Designated
funds||14|29,538||142,671|
|Restricted funds||13|125,872||154,128|
|Total Funds||17|769,924||866,606|
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|tangi|ble fixed assets by|equal a|nnual
instalments
over|their estimated
useful|
|---|---|---|---|---|
||Freehold
buildings||2%||
||Leasehold
holiday|units|over the life of the lease||
||Building alterations||2%to 25%||
||Office equipment||20%to 25%||
||Computer
equipment||33%||
|Only|items in excess of|2500 are capitalised.
Freehold||land is not depreciated.|
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|Donations
and|le acies||||
|---|---|---|---|---|
||||2022|2021|
|Other donations|||358,159|346,984|
|Legacies|||5,158|1,677|
|Council Grant||||25,000|
||||363,317|373,661|
|Other tradin|income||||
|This income|is from the following|trading activities:|2022|2021|
|||||R|
|Raffles||||447|
|Affiliation fees from Phab clubs|||2,010|60|
|Other income|||465||
||||2,475|507|
|Investment
Income|||||
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|---|---|---|---|
|is income is from the following|activities|2022|2021|
|Independent
Living Experiences, Jubilee Sailing Trust, Skills for Independence||14,980|10,000|
|Waterside
Holiday
Units rental||28,060|13,896|
|Profit on Sale of Holiday
Unit||1,282||
|||44,322|23,896|
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|||2022|2021|
|---|---|---|---|
|||R||
|HMRC CJRS|grants|48,558|133,524|
|Kick Start Scheme||1,500||
|Merchandising|sales||364|
|||50,058|133,888|
|Quies Trust|||f25,500|
|---|---|---|---|
|The Ron Hancock|Foundation||f25,000|
|Edward Gostling|Foundation||f20,000|
|Ashfield
Trust|||F10,000|
|Central Beds Council|||R 9,000|
|Florian Charitable|Trust||2 5,000|
|Beatrice Laing Trust|||R 3,000|
|Hospital Saturday|Fund||8 2,000|
|Souter Charitable|Trust||8 2,000|
|Sylvia Adams Charitable||Trust|2 2,000|
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||||Activities||||||
|---|---|---|---|---|---|---|---|---|
||||undertaken||Support||2022|2021|
||||directly|Grants||Costs|Total|Total|
|||||||R|||
|Raising funds|||||||||
|Marathon
costs|||133,597|||17,260|150,857|256,763|
|Events|||29,032|||5,022|34,054|46,150|
||||162,629|||22,282|184,911|302,913|
|Charitable
Activities|||||||||
|Residential|projects||183,873|||19,469|203,342|106,418|
|Holiday units|||18,255||||18,255|18,892|
|Regional and||club events|29,837|||7,651|37,488|46,017|
|National events|||14,753|||3,963|18,716|28,523|
|Club support|||52,991|29,130||14,235|96,356|110,487|
||||299,709|29,130||45,318|374,157|310,337|
|Total expenditure|||462,338|29,130||67,600|559,068|613,250|
|Supportcosts||||Apportioned||to:|||
|Head office|and central costs||52,223|Residential||projects||19,469|
|Depreciation|||7,727|Regional|and club events|||7,651|
|Governance||(see note 5)|7,650|Club network support||||14,235|
|||||National|events|||3,963|
|||||Marathon||||17,260|
|||||Events||||5,022|
||||67,600|||||67,600|
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||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
|Auditor's|remuneration||—audit services inclusive||ofVAT|||||7,600|
|Auditor's|remuneration||—under or over provision||in the|year|||530|(40)|
|Independent||examiner|remuneration|—independent||examination|inclusive|of|||
|VAT|||||||||3,300||
|Governance
and professional
support||||for trustees|||||3,820|4,411|
||||||||||7,650|11,971|
|Directors,|staff|numbers|and costs||||||||
|The aggregate||payroll|costs were as follows:||||||2022|2021|
|Wages|and salaries||||||||236,045|282,426|
|Social security||costs|||||||18,595|20,438|
|Pension|contributions||||||||20,430|21,103|
|Pension|costs|of defined benefit pension schemes (note 19)|||||||23,426|2,606|
||||||||||251,644|326,573|
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|Within one year|
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|Within two to five years|
|The operating
lease charges for the year were:|
|Hire of plant and machinery|
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||2022|2021|
|---|---|---|
|Prepayments|33,435|21,217|
|Other debtors|8,572|21.770|
||42,007|42,987|
|||2022|2021|
|---|---|---|---|
|||R||
|Trade creditors||2,007|263|
|Accruals and deferred|income|27,581|30,413|
|Taxation and social security||13,332|8,800|
|||42,920|39,476|
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||||||Balance
1.4.2021|Income|Expenditure|Transfer|Balance
31.3.22|
|---|---|---|---|---|---|---|---|---|---|
|EETPU|Centenary|Fund|||10,696||(250)||10,446|
|Willie Booth Fund|||||4,219||||4,219|
|Midland|Development||Work||7,800||||7,800|
|South East Development||||Work|2,000||||2,000|
|Freedom|in the Air||||12,562|5,000|||17,562|
|ILX|||||113,294|61,500|(94,506)||80,288|
|MTS Joint Fund|||||3557||||3557|
||||||154~2||(~4||~12
2|
||||||Balance|Income|Expenditure|Transfer|Balance|
||||||1.4.2020||||31.3.21|
|EETPU|Centenary|Fund|||10,696||||10,696|
|Willie Booth Fund|||||4,219||||4,219|
|Midland|Development||Work||7,800||||7,800|
|South East Development||||Work|2,000||||2,000|
|Freedom|in the Air||||7,562|5,000|||12,562|
|ILX
MTS Joint Fund|||||39,754
3557
zsm|74,540|(1,000)
(~||113,294
3557
~5|
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