2022-10-31-accounts - Arthritis Action

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					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f	f	f	f
INCOME AND ENDOWMENTS	FROM
Donations and legacies			372,923	58,137	431,060	460,159
Charitable activities
Research and other grants			3,362	40,575	43,937	24,394
Membership subscriptions			17,999		17,999	16,570
Income from investments			99,560		99,560	104,884
Disposal ofproperty			326,035		326,035
Total			819,879	98,712	918,591	606,007
EXPENDITURE ON
Raising funds			152,932		152,932	132,900
Charitable activities
Research and other grants			163,072		163,072	150,091
Self-management health programme			859,763	25,304	885,067	825,184
Total			1,175,767	25,304	1,201,071	1,108,175
Net gains/(losses) on investments			(136,034)		(136,034)	588,379
NET INCOME/(EXPENDITURE)			(491,922)	73,408	(418,514)	86,211
RECONCILIATION OF FUNDS
Total funds brought forward			5,157,284	17,530	5,174,814	5,088,603
TOTAL FUNDS CARRIED FORWARD			4,666,362	90,938	4,756,300	5,174,814

				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	f	E	6
FIXEDASSETS
Tangible assets	14	21,552		21,552	276,568
Investments	15	3,737,329		3,737,329	4,192,189
		3,758,881		3,758,881	4,468,757
CURRENT ASSETS
Debtors	16	104,186	7,908	112,094	254,512
Cash at bank and in hand		898,557	83,030	981,587	520,410
		1,002,743	90,938	1,093,681	774,922
CREDITORS
Amounts falling due within one year	17	(94,912)		(94,912)	(67,365)
NET CURRENT ASSETS		907,831	90,938	998,769	707,557
TOTAL ASSETSLESSCURRENT LIABILITIES		4,666,712	90,938	4,757,650	5,176,314
PROVISIONS FOR LIABILITIES	19	(1,350)		(1,350)	(1,500)
NET ASSETS		4,665,362	90,938	4,756,300	5,174,814
FUNDS	20
Unrestricted funds:
General fund				4,131,709	4,343,141
Revaluation reserve				453,707	716,643
Young People Fund				79,946	97,500
				4,665,362	5,157,284
Restricted funds				90,938	17,530
TOTAL FUNDS				4,756,300	5,174,814

					2022	2021
			Notes		E	E
Cash flows from operating		activities
Cash generated from operations					(513,455)	(662,770)
Provisions for liabilities					(150)	750
Net cash used in operating		activities			(513,605)	(662,020)
Cash flows from investing		activities
Purchase oftangible fixed		assets			(18,555)	(5,923)
Purchase offixed asset investments					(747,992)	(916,901)
Sale oftangible fixed assets					574,952
Sale offixed asset investments					1,097,475	1,374,474
Interest received					285	100
Dividends received					99,275	104,784
Net cash provided by investing activities					1,005,440	556,534
Change in cash and cash equivalents			in the
reporting period					491,835	(105,486)
Cash and cash equivalents		at the beginning
ofthe reporting period					537,479	642,965
Cash and cash equivalents		atthe end	of
the reporting period					1,029,314	537,479
Cash and cash equivalent		comprises	the following:-	B
Fixed asset investments	—other deposits				47,727	17,069
Cash at bank and in hand					981,587	520,410
					1,029,314	537,479

	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
					2022	2021
					E	E
	Net (expenditure)/income	for the reporting	period	(as per the
	Statement of Financial Activities)				(418,514)	86,211
	Adjustments for:
	Depreciation charges				24,655	40,302
	Losses/(gain) on investments				136,034	(588,379)
	Profit on disposal offixed assets				(326,035)
	Interest received				(285)	(100)
	Dividends received				(99,275)	(104,784)
	Decrease/(increase) in debtors				142,418	(90,007)
	Increase/(decrease) in creditors				27,547	(6,012)
	Net cash used in operations				(513,455)	(662,769)
B.	ANALYSIS OF CHANGES IN NET FUNDS
				At 1.11.21	Cash flow	At 31.10.22
				E	E	f
	Net cash
	Cash at bank and in hand			537,479	491,833	1,029,312

Freehold property	2%on cost
Short leasehold	20%on cost
Fixtures and fittings	20%on cost
Computer hardware	50%on cost
Computer software	20%on cost

DONATIONS AND LEGACIES
	2022	2021
	f	f
Donations	96,625	75,493
Gift aid	2,068	2,303
Legacies	332,367	382,363
	431,060	460,169

					2022	2021
					f	f
	Research and other	grants			43,937	24,394
	Membership subscriptions				17,999	16,570
					61,936	40,964
	Grants received, included		in the	above, are as follows:
					2022	2021
					f	f
	Kickstart YMCA				3,362	6,394
	National Lottery					10,000
	Essex County Council					3,000
	Matrix Chamber					5,000
	HSF Hospital				5,000
	Good Boost Arthritis	Action			16,352
	Leisure Centre Project		Arthritis	Action	16,223
	London Catalyst				3,000
					43,937	24,394
6.	INCOME FROM INVESTMENTS
					2021	2020
					f	f
	Income from listed investments				99,275	104,784
	Interest receivable				285	100
					99,560	104,884

Raising donations	and legacies	and legacies	and legacies
				2022	2021
				E	E
Cost ofgenerating	donations		and legacies	12,782	11,130
Investment management		costs		18,824	20,482
Support costs				121,326	101,288
				152,932	132,300

CHARITABLE	ACTI	VITIES	COSTS
					Grant
					funding of
					activities	Support
				Direct	(see note	costs (see
				Costs	9)	note 10)	Totals
				E	E	E	E
Research and	other grants			92,394	5,820	64,858	163,072
Self-management		health	programme	435,711		449,356	885,067
				528,105	5,820	514,214	1,048,139
GRANTS PAYABLE
						2022	2021
						E	E
Net subsidies	paid	to assist with physical therapy				5,820	6,780

SUPPORT COSTS
			Information		Governance
		Management f	technology f	Premises f	costs f	Totals
Raising donations	and
legacies		112,246			9,080	121,326
Research and other grants		64,858				64,858
Self-management	health
programme		189,491	55,416	140,242	64,207	449,356
		366.595	55,416	140,242	73,287	635,540

		2022	2021
		f	f
Auditors'	remuneration	5,671	5,406
Depreciation —owned assets		24,654	40,302
5urplus	on disposal offixed assets	(326,035)

				2022	2021
				E	E
Wages and salaries				728,914	657,488
Social security costs				67,733	65,655
Other pension costs				53,091	50,614
				849,738	773,757
The average	monthly	number ofemployees	during the year was as follows:
				2022	2021
Executive staff				3	3
Support staff				16	16
				19	19

TANGIBLE FIXEDASSETS
				Freehold	Short	Total	land and
				property f	leasehold f		buildings f
COST
At 1November 2021				517,694	99,283		616,977
Additions					11,995		11,995
Disposals				(517,694)			(517,694)
At 31October 2022					111,278		111,278
DEPRECIATION
At 1November 2021				265,254	89,054		354,308
Charge for year				3,523	10,428		13,951
Elimination on disposal				(268,777)	-		(268,777)
At 31October 2022					99,482		99,482
NET BOOK VALUE
At 31October 2022					11,796		11,796
At 31October 2021				252,440	10,229		262,669
	Total land		Fixtures and	Computer	Computer
	and	buildings	fittings	hardware	software		Totals
	f		f	f	f
COST
At 1November 2021		616,977	118,780	50,119	1,008		786,884
Additions		11,995	5,129	1,431			18,555
Disposals	(517,694)		(58,277)	(19,989)			(595,960)
At 31October 2022		111,278	65,632	31,561	1,008		209,479
DEPRECIATION
At 1November 2021		354,308	110,456	44,772	780		510,316
Charge for year		13,951	6,872	3,717	114		24,654
Elimination on disposal	(268,777)		(58,277)	(19,989)			(347,043)
At 31October 2022		99,482	59,051	28,500	894		187,927
NET BOOK VALUE
At 31October 2022		11,796	6,981	3,061	114		21,552
At 31October 2021		262,669	8,324	5,347	228		276,568

FIXED	ASSET INVESTMENTS
		2022	2021
		E	E
Shares		3,703,579	4,158,439
Other	deposits	33,750	33,750
		3,737,329	4,192,189

		Listed	Other
		investments	deposits	Totals
		E	E	E
MARKET VALUE
At 1November	2021	4,141,370	17,069	4,158,439
Additions		747,992	30,658	778,650
Disposals		(1,097,476)		(1,097,476)
Revaluations		(136,034)		(136,034)
At 31October 2022		3,655,852	47,727	3,703,579
NET BOOK VALUE
At 31October 2022		3,655,852	47,727	3,703,579
At 31October 2021		4,141,370	17,069	4,158,439

			Listed	Other
			investments	deposits	Totals
			E	E	E
Valuation	in	2022	3,655,852	47,727	3,703,379

		2022	2021
		E	E
Investment	property	33,750	33,750

16.	DEBTORS:AM	OUNTS	FA	LLING DUE WITHIN ONE YEAR
					2022	2021
					f	f
	Trade debtors				192
	Legacies receivable				42,456	180,145
	Rent deposits				30,660	26,260
	Prepayments	and accrued income			38,786	48,107
					112,084	254,512
17.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
					2022	2021
					f	f
	Trade creditors				26,252	9,591
	Social security	and other		taxes	20,257	19,411
	Other creditors				3,636	3,747
	Accruals and	deferred	income		44,767	34,616
					94,912	67,365

	2022	2021
	f	f
Within one year	112,500	60,270
Between one and five years	168,750
	281,250	60,270

2022	2021
f	f
1,350	1,500

MOVEMENT	IN FUNDS
				Net
			At	movement	At
			1.11.21	in funds	31.10.22
			f	f	f
Unrestricted	funds
General fund			4,343,141	(211,432)	4,131,709
Revaluation	reserve		716,643	(262,936)	453,707
Young People Fund			97,500	(17,554)	79,946
			5,157,284	(491,922)	4,665,362
Restricted funds
Restricted			17,530	73,408	90,938
TOTAL FUNDS			5,174,814	(418,514)	4,756,300
Net movement in funds, included		in the above are as follows:

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		f	f	f	f
Unrestricted	funds
General fund		819,879	(1,158,213)	126,902	(211,432)
Revaluation	reserve			(262,936)	(262,936)
Young People Fund			(17,554)		(17,554)
		819,879	(1,175,767)	(136,034)	(491,922)
Restricted funds
Restricted		98,712	(25,304)		73,408
TOTAL FUNDS		918,591	(1,201,071)	(138,034)	(418,514)

			Net
		At	movement	At
		1.11.20	in funds	31.10.21
		E	E	E
Unrestricted	funds
General fund		4,655,221	(312,080)	4,343,141
Revaluation	reserve	319,031	397,612	716,643
Young People Fund		110,500	(13,000)	97,500
		5,084,752	72,532	5,157,284
Restricted funds
Restricted		3,851	13,679	17,530
TOTAL FUNDS		5,088,603	86,211	5,174,814

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestricted	funds
General fund		588,007	(1,090,854)	190,767	(312,080)
Revaluation	reserve			397,612	397,612
Young People Fund			(13,000)		(13,000)
		588,007	(1103854)	588,379	72,532
Restricted funds
Restricted		18,000	(4,321)		13,679
TOTAL FUNDS		606,007	(1,108,175)	588,375	86,211

			Net
		At	movement	At
		1.11.20	in funds	31.10.22
		f	f	f
Unrestricted	funds
General fund		4,655,221	(523,512)	4,131,709
Revaluation	reserve	319,031	134,676	453,707
Young People Fund		110,500	(30,554)	79,946
		5,084,752	(419,390)	4,665,362
Restricted funds
Restricted		3,851	87,087	90,938
TOTAL FUNDS		5.088,603	(332.303)	4,756 .300

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		f	f	f	f
Unrestricted	funds
General fund		1,407,886	(2,249,067)	317,669	(523,512)
Revaluation	reserve			134,676	134,676
Young People Fund			(30,554)		(30,554)
		1,407,886	(2,279,621)	452,345	(419,390)
Restricted funds
Restricted		116,712	(29,625)		87,087
TOTAL FUNDS		1,524,598	(2,309,246)	452,345	(332,303)