| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Charity, | its Trustees and Advisers | ||
| Trustees' Report |
2-8 | |||
| Independent Auditors' |
Report | on the Financial Statements | 9-12 | |
| Statement of Financial |
Activities | 13 | ||
| Balance Sheet | 14 | |||
| Statement of Cash Flows |
15 | |||
| Notes to the Financial | Statements | 16-30 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| Note | 2023f | 2023 6 |
2022 5 |
|||
| Income from: | ||||||
| Donations and |
legacies | 4 | 660,807 | 660,807 | 300 | |
| Chantable activities |
5 | 1,151,684 | 1,151,684 | 965,893 | ||
| Investments | 6 | 12,251 | 12,251 | 758 | ||
| Total income | 1,824,742 | 1,824,742 | 966,951 | |||
| Expenditure on: |
||||||
| Charitable activities |
7 | 1,429,028 | 1,429,028 | 1,029,380 | ||
| Net movement | in funds | 395,714 | 395,714 | (62,429) | ||
| Reconciliation | offunds: | |||||
| Total funds brought |
forward | 1,192,406 | 1,192,406 | 1,254,835 | ||
| Net movement | in funds | 395,714 | 395,714 | (62,429) | ||
| Total funds carried forward | 1,588,120 | 1,588,120 | 1,192,406 |
| BALANCE SHEET | BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|---|
| AS AT 31 MARCH 2023 | |||||||
| 2023 | 2022 | ||||||
| Note | 6 | ||||||
| Fixed assets | |||||||
| Intangible assets | 12 | 40,362 | 54,802 | ||||
| Tangible assets | 13 | 14,630 | 5,544 | ||||
| 64,982 | 51,346 | ||||||
| Current assets |
|||||||
| Debtors | 14 | 461,611 | 545,531 | ||||
| Cash at bank | and In hand | 1,610,634 | 1,036,024 | ||||
| 1,972,146 | 1,585,555 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 15 | (439,007) | (455,595) | ||||
| Net current | assets | 1,633,138 | 1,131,050 | ||||
| Total assets | fess current Sabilltles | 1,688,120 | 1,192,406 | ||||
| Total net assets | 1,688,120 | 1,192405 | |||||
| Charltyfunds | |||||||
| Restricted funds | 16 | ||||||
| Unrestricted | funds | 16 | 1,S88,120 | 1,192,406 | |||
| Total funds | 1,688,120 | 1,192,406 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| 6 | 8 | |||||
| Cash flows from operating | activities | |||||
| Net cash | used in operating |
activities | 477,102 | (322,081) | ||
| Cash flows from investing | activities | |||||
| Dividends, interests and rents from investments |
12,251 | 758 | ||||
| Purchase | of intangible assets |
(16,743) | (57,000) | |||
| Purchase | oftangible fixed assets |
(6,143) | ||||
| Net cash | used in investing |
activities | (4,492) | (62,385) | ||
| Change | in cash and cash | equivalents | in | the year | 472,610 | (384,466) |
| Cash and | cash equivalents | at the beginning | of the year | 1,038,024 | 1,422,490 | |
| Cash and cash equivalents | at the end | of | the year | 1,510,634 | 1,038,024 |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| 6 | f | 6 | |||
| Project income | 1,151,684 | 1,151,684 | 965,893 | ||
| Total 2022 | 5,500 | 960,393 | 965,893 | ||
| Investment | income | ||||
| Unrestricted | Total | Total | |||
| funds | funds | funds | |||
| 2023 6 |
2023 F |
2022f | |||
| Interest recerved | 12,251 | 12,251 | 758 |
| Restricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | Total | Total | |
| 2023 5 |
2023 6 |
2023f | 2022f | |
| Project work | 1,429, 028 | 1,429,028 | 1,029,380 | |
| Total 2022 | 5,500 | 1,023,880 | 1,029,380 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2023 8 |
2023f | 2023f | 2022 | ||
| Project work | 1,354,417 | 74,611 | 1,429,028 | 1,029,380 | |
| Total 2022 | 959,341 | 70,039 | 1,029,380 | ||
| Analysis | of direct costs |
| Total | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2022 | ||
| 6 | |||
| Staff costs | 925,124 | 686,782 | |
| Depreciation | 23,108 | 7,985 | |
| Consultancy | services | 7,870 | |
| Staff travel and subsistence | 18,546 | 8,846 | |
| Recruitment | and training | 18,717 | 3,397 |
| Other staff costs | 8,945 | 9,841 | |
| Project costs | 313,118 | 205,692 | |
| Rent and rates | 38,989 | 36,798 | |
| 1,354,417 | 959,341 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2023f | 2022 | ||||||
| Telephone and communications |
42,772 | 26,538 | |||||
| Office costs | 1,135 | 2,693 | |||||
| Insurance | 5,700 | 5,758 | |||||
| Marketing | 7,630 | 13,257 | |||||
| Legal and Professional | costs | 3,879 | 3,782 | ||||
| Trustee meeting expenses |
862 | 5,505 | |||||
| Subscriptions | 1,952 | 1,879 | |||||
| Entertaining | 1,163 | 2,929 | |||||
| Bank charges | 715 | 739 | |||||
| Gain or loss | on foreign | exchange | (1,100) | 458 | |||
| Governance | costs | 9,903 | 6,501 | ||||
| 74,611 | 70,039 | ||||||
| Auditors' remuneration |
|||||||
| 2023f | 2022f | ||||||
| Fees payable | to the Charity's | auditor | for the audit of the Charity's | annual | |||
| accounts | 8,150 | 6,900 | |||||
| Staff costs | |||||||
| 2023 | 2022f | ||||||
| Wages and salaries | 811,466 | 603,548 | |||||
| Social security costs | 76,613 | 54,296 | |||||
| Contribution | to defined | contribution | pension schemes | 37,045 | 28,938 | ||
| 925,124 | 686,782 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| No. | No. | |||
| Management | and administration | 6 | 6 | |
| Project, sales | and technical | staff | 33 | 15 |
| 39 | 21 |
| The average | headcount | expressed as full-time | expressed as full-time | equivalents | was. | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| No. | No. | ||||||
| Management | and administration | 6 | 6 | ||||
| Project, sales | and technical | staff | 32 | 13 | |||
| 38 | 19 |
| 12. | Intangible assets | |
|---|---|---|
| Website | ||
| costs | ||
| 6 | ||
| Cost | ||
| At 1 April 2022 | 57,000 | |
| At 31 March 2023 | 57,000 | |
| Amortisation | ||
| At 1 April 2022 | 2,198 | |
| Charge for the year | 14,450 | |
| At 31 March 2023 | 16,648 | |
| Net book value | ||
| At 31 March 2023 | 40,352 | |
| At 31March 2022 | 54,802 |
| NOTES TO THE FINANCIAL STATEMENTS | ||||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2023 | ||||
| 13. | Tangible fixed assets | |||
| Computer | ||||
| equipment | ||||
| 6 | ||||
| Cost or valuation | ||||
| At 1 April 2022 | 13,080 | |||
| Additions | 16,743 | |||
| At 31 March 2023 | 29,823 | |||
| Depreciation | ||||
| At 1 April 2022 | 6,536 | |||
| Charge for the year | 8,657 | |||
| At 31 March 2023 | 15,193 | |||
| Net book value | ||||
| At 31 March 2023 | 14,630 | |||
| At 31 March 2022 | 6,544 | |||
| 14. | Debtors | |||
| 2023 | 2022 | |||
| F | ||||
| Due within one year | ||||
| Trade debtors | 218,922 | 463,657 | ||
| Prepayments and accrued |
income | 242,589 | 84,974 | |
| 461,511 | 548,631 |
| 2023f | 2022f | |||
|---|---|---|---|---|
| Trade creditors | 39,494 | 102,806 | ||
| Other taxation | and social security | 39,571 | 35,327 | |
| Other creditors | 178,469 | 285,878 | ||
| Accruals and deferred |
income | 181,473 | 31,584 | |
| 439,007 | 455,595 |
| State | ment of |
funds - cur | rent year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | Transfers | 31 INarch | |||||
| April 2022 f. |
Income f |
Expenditure | in/out f |
2023 f |
|||
| Unrestricted | funds | ||||||
| General Fund |
1,093,835 | 636,737 | (565,713) | (16,743) | 1,148,116 | ||
| EST | projects | 31,445 | 550,904 | (511,719) | 70,630 | ||
| Other | LA projects | 5,780 | 637,101 | (328,489) | 314,392 | ||
| Fixed | asset reserve | 61,346 | (23,107) | 16,743 | 54,982 | ||
| 1,192,406 | 1,824,742 | (1,429,028) | 1,588,120 |
| Statement offunds |
- prior y |
ear | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance ai | Transfers | 31 March | ||||
| 1 Aprii 2021 f |
income f |
Expenditure f |
in/out | 2022 | ||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Website development | 57,000 | (57,000) | ||||
| General funds | ||||||
| General Fund |
1,191,647 | 149,343 | (241,012) | (6,143) | 1,093,835 | |
| ESTprojects | 347,628 | (316,183) | 31,445 | |||
| LAD Green Homes | project | 361,137 | (361,137) | |||
| Other LA projects |
103,343 | (97,563) | 5,780 | |||
| Fixed asset reserve | 6,188 | (7,985) | 63,143 | 61,346 | ||
| 1,197,835 | 961,451 | (1,023,880) | 57,000 | 1,192,406 | ||
| Total Unrestricted | funds | 1,254,835 | 961,451 | (1,023,880) | 1,192,406 | |
| Restricted funds | ||||||
| Better Homes Better Health | ||||||
| grant | 5,500 | (5,500) | ||||
| Total offunds | 1,254,835 | 966,951 | (1,029,380) | 1,192,406 |
| Summary | offunds -current y |
ear | |||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | Transfers | 31 March | |||||
| April 2022 F |
Income 6 |
Expenditure | f | in/outf | 2023f | ||
| General funds | 1,192,406 | 1,824,742 | (1,429,028) | 1,588,120 | |||
| Summary | offunds - prior year | ||||||
| Balance at | |||||||
| Balance at | Transfers | 31 March | |||||
| 1 April 2021f | Income f |
Expenditure | inlout | 2022 | |||
| Designated | funds | 57,000 | (57,000) | ||||
| General funds | 1,197,835 | 961,451 | (1,023,880) | 57,000 | 1,192,406 | ||
| Restricted | funds | 5,500 | (5,500) | ||||
| 1,254,835 | 966,951 | (1,029,380) | 1,192,406 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2023 | 2023 | ||
| E | F | ||
| Tangible | fixed assets | 14,630 | 14,630 |
| Intangible | fixed assets | 40,352 | 40,352 |
| Current assets | 1,972,145 | 1,972,145 | |
| Creditors | due within one year | (439,007) | (439,007) |
| Total | 1,588,120 | 1,588,120 |
| Analysis | of net assets between funds - prior year |
||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2022 | 2022 | ||
| 6 | |||
| Tangible | fixed assets | 6,544 | 6,544 |
| Intangible | fixed assets | 54,802 | 54,802 |
| Current assets | 1,586,655 | 1,586,655 | |
| Creditors | due within one year | (455,595) | (455,595) |
| 1,192,406 | 1,192,406 |
| 2023f | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | ||||||||
| Activities) | 395,714 | (62,429) | ||||||||||||||
| Adjustments | for: | |||||||||||||||
| Depreciation | charges | 8,657 | 5,787 | |||||||||||||
| Amortisation | charges | 14,450 | 2,198 | |||||||||||||
| Dividends, interests |
and | rents | from | investments | (12,251) | (758) | ||||||||||
| Decrease/(increase) | in debtors | 87,120 | (516,379) | |||||||||||||
| Increase/(decrease) | in | creditors | (16,588) | 249,500 | ||||||||||||
| Net cash provided | by/(used | in) operating | activities | 477,102 | (322,081) | |||||||||||
| 20. | Analysis of |
cash | and | cash equivalents | ||||||||||||
| 2023 | 2022 | |||||||||||||||
| f | ||||||||||||||||
| Cash in hand |
1,510,634 | 1,038,024 | ||||||||||||||
| Total cash and cash equivalents | 1,510,634 | 1,038,024 | ||||||||||||||
| 21. | Analysis of |
changes | in | net debt | ||||||||||||
| At | 1 April | At 31 March | ||||||||||||||
| 2022 | Cash flows 6 |
2023 f |
||||||||||||||
| Cash at bank | and | in | hand | 1,038,024 | ||||||||||||
| 1,038,024 | 472,610 | 1,510,634 |