OpenCharities

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2023-08-31-accounts

Pages
Trustees'
Annual
Report		 2to 4
Independent
Examiner's
Report
Statement
of Financial Activities
Summary
Income and Expenditure		 Account
Balance Sheet
Notes to the Accounts 9to 14
Detailed Statement of Financial Activities 15to 16

for the year ended 31August 2023
Unrestricted
funds Total funds Total funds
2023 2023 2022
Notes E E E
Income and endowments
from:
Donations and legacies 29,850 29,850 3,400
Other 26,992 26,992 31,484
Total 56,842 56,842 34,884
Expenditure on:
Other 50,890 50,890 14,520
Total 50,890 50,890 14,520
Net gains on investments
Net income 5,952 5,952 20,364
Transfers
between		 funds
Net income before other
gains/(losses) 5,952 5,952 20,364
Other gains and losses
Net movement
in funds		 5,952 5,952 20,364
Reconciliation
offunds:
Total funds brought forward 33,470 33,470 13,106
Total funds carried forward 39,422 39,422 33,470

2023 2022
E E
Income 56,842 34,884
Gross income for the year 56,842 34,884
Expenditure 50,890 14,520
Total expenditure
for the year		 50,890 14,520
Net income before tax for the year 5,952 20,364
Net income for the year 5,952 20,364

at 31August 20 23 23 23
Company
No.		 07355501 Notes 2023 2022
E E
Current assets
Debtors 1,350 1,350
Cash at bank and in hand 39,522 33,570
40,872 34,920
Creditors: Amount falling due within one year (1,450) (1,450)
Net current assets 39,422 33,470
Total assets less current liabilities 39,422 33,470
Net assets excluding pension asset or liability 39,422 33,470
Total net assets 39,422 33,470
The funds ofthe charity
Restricted funds 10
Unrestricted
funds		 10
General funds 39,422 33,470
39,422 33,470
Reserves 10
Total funds 39,422 33,470

last year and no chan last year and no chan last year and no chan last year and no chan ges
have been made to accounts for previous
years.
Fund accounting
Unrestricted funds These are available for use at the discretion ofthe trustees in furtherance of the
general objects ofthe charity.
Designated funds These are unrestricted
funds earmarked
by the trustees		 for particular purposes.
Revaluation funds These are unrestricted
funds which include
a revaluation		 reserve representing the
restatement
of investment
assets at their market values.
Restricted funds These are available for use subject to restrictions
imposed		 by the donor or through
terms of an appeal.
Income
Recognition of Income is included
in the Statement
of Financial Activities		 (SoFA) when the charity
income becomes entitled to, and virtually
certain to receive, the		 income and the amount of
the income can be measured
with sufficient
reliability.
Income with related Where income has related expenditure
the income and		 related expenditure is
expenditure reported
gross in the SoFA.
Donations and Voluntary
income received
by way of grants, donations
and gifts is included		 in the
legacies the SoFA when receivable
and
only when the Charity has		 unconditional
entitlement
to the income.
Tax reclaims on Income from tax reclaims
is included
in the SoFA at the same time as the
donations and gifts gift/donation
to which
it relates.
Donated services These are only included
in income (with an equivalent
amount
in expenditure)
and facilities where the benefit to the Charity
is reasonably
quantifiable,		 measurable and
material.
Volunteer help The value ofany volunteer
help received
is not included		 in the accounts.
Investment income This is included
in the accounts when receivable.
Gains/(losses) on This includes
any gain or loss resulting
from revaluing
investments
to market		 value
revaluation of fixed at the end ofthe year.
assets
Gains/(losses) on This includes
any gain or loss on the sale of investments.
investment assets

s to the Ac s to the Ac counts
Expenditure
Recognition of Expenditure
is recognised
on an accruals		 basis. Expenditure
includes		 any VAT which
expenditure cannot be fully recovered,
and is reported		 as part ofthe expenditure to which
it
relates.
Expenditure on These comprise the costs associated
with		 attracting voluntary income, fundraising
raising funds trading costs and investment
management		 costs.
Expenditure on These comprise the costs incurred
by the		 Charity
in the delivery of its		 activities and
charitable activities services
in the furtherance
of its objects,		 including the making of grants and
govern ance costs.
Grants paya b le All grant expenditure
is accounted
for on		 an actual paid basis plus an accrual for
grants that have been approved
by the trustees at		 the end of the year but not yet
pafd.
Governance costs These include those costs associated
with		 meeting the constitutional and statutory
requirements
ofthe Charity,
including
any audit/independent		 examination
fees,
costs linked to the strategic management ofthe Charity, together with a share of
other administration
costs.
Other expenditure These are support costs not allocated to a particular activity.

Unrestricted
funds Total funds
2022 2022
Income and endowments from:
Donations and legacies 3,400 3,400
Other 31,484 31,484
Total 34,884 34,884
Expenditure on:
Other 14,520 14,520
Total 14,520 14,520
Net income 20,364 20,364
Net income before other 20,364 20,364
gains/(losses)
Other gains and losses:
Net movement in funds 20,364 20,364
Reconciliation offunds:
Total funds brought forward 13,106 13,106
Total funds carried forward 33,470 33,470
4 Income from donations and legacies
Unrestricted Total Total
2023 2022
29,850 29,850 3,400
29,850 29,850 3,400
5 Other income
Unrestricted Total Total
2023 2022
26,992 26,992 31,484
26,992 26,992 31,484

Unrestricted Total Total
2023 2022
28,626 28,626
Motor and travel costs 2,931
General administrative costs 1,925 1,925 2,561
Lega
I and		 profess iona I costs 20,339 20,339 9,028
50,890 50,890 14,520
7 Staff costs
No employee received emoluments in excess off60,000.
8 Debtors
2023 2022
Other debtors 1,350 1,350
1,350 1,350
9 Creditors:
amounts falling due within one year
2023 2022
f f
Accruals 1,450 1,450
1,450 1,450
10 Movement in funds
Incoming
resources
At 31
At 1
September		 (including
other
gains/losses		 Resources
expended		 August
2023
2022 )
f
Restricted funds:
Unrestricted funds:
General funds 33,470 56,842 (50,890) 39,422
Total funds 33,470 56,842 (50,890) 39,422
11 Analysis of net assets between funds
Unrestricted
Total
funds
f
Net current assets 39,422 39,422
39,422 39,422

At 1 At 31
September August
2022 Cash flows 2023
Cash and cash equivalents 33,570 5,952 39,522
33,570 5,952 39,522
Net debt 33,570 5,952 39,522

Unrestricted
funds Total funds Total funds
2023 2023 2022
E E E
Income and endowments from:
Donations
and		 legacies
29,850 29,850 3,400
29,850 29,850 3,400
Other
26,992 26,992 31,484
26,992 26,992 31,484
Total income and endowments 56,842 56,842 34,884
Expenditure
on:
Other expenditure
28,626 28,626
28,626 28,626
Travel and subsistence 2,931
2,931
General administrative costs,
including
depreciation		 and
amortisation
Bank charges 18 18
Software,
IT		 support and related 105
costs
Stationery
and printing		 600 600 2,186
Subscriptions 1,307 1,307 259
1,925 1,925 2,561
Lega I and profess iona I costs
Accountancy and bookkeeping 1,480 1,480 1,480
Consultancy fees 15,494 15,494 6,000
Management charges 3,365 3,365 1,548
20,339 20,339 9,028
Total ofexpenditure
of		 other costs 50,890 50,890 14,520
Total expenditure 50,890 50,890 14,520
Net gains on investments
Net income 5,952 5,952 20,364
Net income before other
gains/(losses)		 5,952 5,952 20,364
Other Gains
Net movement in funds 5,952 5,952 20,364