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2022-03-31-accounts
|
Pages |
| Reference and Administrative Details |
1 |
| Trustees’Report |
2-10 |
| Independent Auditor’s Report |
11-14 |
| Consolidated Statement of Financial Activities |
15-16 |
| Balance Sheet |
17 |
| Consolidated Statement of Cashflows |
18 |
| Notes to the Financial Statements |
19-40 |
| Trustees |
|
|
B Badesha |
|
V Greenwood (appointed 25 November 2021) |
|
J Ipyana (appointed 15 July 2021) |
|
H Kendall |
|
J Kennedy (resigned 25 November 2021) |
|
A Mandalia (appointed 25 November 2021) |
|
A Quinn (appointed 15 July 2021) |
|
N Wayne (resigned 21 July 2022) |
| Chair |
B Badesha |
| Chief Executive and Company Secretary |
S Johnson |
| Company Number |
02023982 (England & Wales) |
| Charity Number |
299342 |
| Registered Office |
101E, Universal House |
|
88 - 94 Wentworth Street |
|
London |
|
E1 6LS |
| Website |
www.adviceuk.org.uk |
| Auditor |
Scrutton Bland LLP |
|
Fitzroy House |
|
Crown Street |
|
Ipswich |
|
Suffolk |
|
IP1 3LG |
|
Notes |
Unrestricted |
Restricted |
Total |
Total |
|
|
Funds |
Funds |
Funds |
Funds |
|
|
2022 |
2022 |
2022 |
2021 |
|
|
|
|
|
(as restated |
|
|
|
|
|
see note |
|
|
|
|
|
28) |
|
|
£ |
£ |
£ |
£ |
| INCOME FROM |
|
|
|
|
|
| Donations |
3 |
171,014 |
- |
171,014 |
90,427 |
| Charitable activities |
4 |
2,591,345 |
267,750 |
2,859,095 |
3,155,913 |
| Investments |
5 |
9,334 |
- |
9,334 |
9,146 |
| Share of profits of associate |
|
235,203 |
- |
235,203 |
204,677 |
| Total Income |
|
3,006,896 |
267,750 |
3,274,646 |
3,460,163 |
| EXPENDITURE ON: |
|
|
|
|
|
| Raising funds |
6 |
9,357 |
- |
9,357 |
17,158 |
| Charitable activities |
7 |
2,625,195 |
259,210 |
2,884,405 |
3,086,156 |
| Total Expenditure |
|
2,634,552 |
259,210 |
2,893,762 |
3,103,314 |
| Net gains on investments |
13 |
20,753 |
- |
20,753 |
35,796 |
| Net income |
|
393,097 |
8,540 |
401,637 |
392,645 |
| Transfer between funds |
19 |
(283) |
283 |
- |
- |
| Net movement in funds |
19 |
392,814 |
8,823 |
401,637 |
392,645 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Fund balances brought forward |
|
1,974,343 |
101,517 |
2,075,860 |
1,683,215 |
| Fund balances carried forward |
|
2,367,157 |
110,340 |
2,477,497 |
2,075,860 |
|
Notes |
Unrestricted |
Restricted |
Total |
|
|
Funds |
Funds |
Funds |
|
|
2021 |
2021 |
2021 |
|
|
(as restated
see note 28) |
|
(as restated
see note 28) |
|
|
£ |
£ |
£ |
| INCOME FROM |
|
|
|
|
| Donations |
3 |
85,427 |
5,000 |
90,427 |
| Charitable activities |
4 |
2,294,213 |
861,700 |
3,155,913 |
| Investments |
5 |
9,146 |
- |
9,146 |
| Share ofprofits ofassociate |
|
204,677 |
- |
204,677 |
| Total Income |
|
2,593,463 |
866,700 |
3,460,163 |
| EXPENDITURE ON: |
|
|
|
|
| Raising funds |
6 |
17,158 |
- |
17,158 |
| Charitable activities |
7 |
2,190,479 |
895,677 |
3,086,156 |
| Total Expenditure |
|
2,207,637 |
895,677 |
3,103,314 |
| Net gains on investments |
13 |
35,796 |
- |
35,796 |
| Net income |
|
421,622 |
(28,977) |
392,645 |
| Transfer between funds |
19 |
(10,794) |
10,794 |
- |
| Net movement in funds |
19 |
410,828 |
(18,183) |
392,645 |
| RECONCILIATION OF FUNDS |
|
|
|
|
| Fund balances brought forward |
|
1,563,515 |
119,700 |
1,683,215 |
| Fund balances carried forward |
|
1,974,343 |
101,517 |
2,075,860 |
|
Notes |
Group |
Group |
Charity |
Charity |
|
|
2022 |
2021 |
2022 |
2021 |
|
|
|
(as restated
see note 28) |
|
(as restated
see note 28) |
|
|
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Intangible assets |
11 |
57,735 |
65,930 |
57,735 |
65,930 |
| Tangible assets |
12 |
5,704 |
6,622 |
5,704 |
6,622 |
| Investments |
13 |
997,045 |
741,089 |
365,886 |
345,133 |
| Total fixed assets |
|
1,060,484 |
813,641 |
429,325 |
417,685 |
| Current assets |
|
|
|
|
|
| Debtors |
14 |
1,376,903 |
1,262,019 |
1,718,771 |
1,497,083 |
| Cash at bank and in hand |
|
2,105,800 |
1,745,603 |
1,509,817 |
1,303,070 |
| Total current assets |
|
3,482,703 |
3,007,622 |
3,228,588 |
2,800,153 |
| Creditors: amounts falling due |
|
|
|
|
|
| within one year |
15 |
(2,021,388) |
(1,714,691) |
(2,034,222) |
(1,755,396) |
| Net current assets |
|
1,461,315 |
1,292,931 |
1,194,366 |
1,044,757 |
Total assets less current
liabilities |
|
2,521,799 |
2,106,572 |
1,623,691 |
1,462,442 |
| Provisions for liabilities |
17 |
(44,302) |
(30,712) |
- |
- |
| Total net assets |
|
2,477,497 |
2,075,860 |
1,623,691 |
1,462,442 |
| Funds |
|
|
|
|
|
| Restricted funds |
19 |
110,340 |
101,517 |
110,340 |
101,517 |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
19 |
1,003,981 |
744,249 |
372,821 |
348,293 |
| General funds |
19 |
1,363,176 |
1,230,094 |
1,140,530 |
1,012,632 |
| Total unrestricted funds |
19 |
2,367,157 |
1,974,343 |
1,513,351 |
1,360,925 |
| Total Charity funds |
20 |
2,477,497 |
2,075,860 |
1,623,691 |
1,462,442 |
|
|
2022 |
2021 |
|
Notes |
|
|
|
|
£ |
£ |
| Cash flows from operating activities: |
|
|
|
| Net cash provided by operating activities |
21 |
371,595 |
569,282 |
| Cash flows from investing activities: |
|
|
|
| Interest received |
|
9,334 |
9,146 |
| Purchase of property, plant and equipment |
|
(5,527) |
(5,476) |
| Purchase of computer software |
|
(15,205) |
(13,096) |
| Change in cash and cash equivalents in the year |
|
360,197 |
559,856 |
| Cash and cash equivalents at the beginning of the year |
|
1,745,603 |
1,185,747 |
| Cash and cash equivalents at the end of the year |
22 |
2,105,800 |
1,745,603 |
|
Unrestricted |
Restricted |
Total |
Total |
|
Funds |
Funds |
Funds |
Funds |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Donations |
171,014 |
|
171,014 |
90,427 |
|
Unrestricted |
Restricted |
Total |
Total |
|
Funds |
Funds |
Funds |
Funds |
|
2022 |
2022 |
2022 |
2021 |
|
|
|
|
(as restated
see note 28) |
|
£ |
£ |
£ |
£ |
| Member services |
2,580,393 |
- |
2,580,393 |
2,306,038 |
| Policies and campaigns |
10,190 |
- |
10,190 |
9,210 |
| Projects on behalf of members grant |
- |
267,750 |
267,750 |
140,000 |
| income |
|
|
|
|
| Scotland activities grant income |
_ |
_ |
. |
700,000 |
| Other income |
762 |
- |
762 |
665 |
|
2,591,345 |
267,750 |
2,859,095 |
3,155,913 |
| Total |
Total |
| Funds |
Funds |
| 2022 |
2021 |
| £ |
£ |
| 9,334 |
9,146 |
|
Unrestricted |
Restricted |
Total |
Total |
|
Funds |
Funds |
Funds |
Funds |
|
|
|
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Staff costs |
9,307 |
- |
9,307 |
17,003 |
| Other costs |
50 |
- |
50 |
155 |
|
9,357 |
- |
9,357 |
17,158 |
| Year ended 31 March 2022 |
Project |
Project and |
|
Total |
|
and activity |
activity |
Support |
Funds |
|
staff costs |
other costs |
costs |
2022 |
|
£ |
£ |
£ |
£ |
| Members services |
187,591 |
1,810,204 |
163,985 |
2,161,780 |
| Policy and campaigns |
142,368 |
2,260 |
81,816 |
226,444 |
| Projects on behalf of members |
23,367 |
221,726 |
14,117 |
259,210 |
| Scotland activities |
- |
- |
- |
- |
| Development |
114,542 |
7,588 |
114,841 |
236,971 |
|
467,868 |
2,041,778 |
374,759 |
2,884,405 |
| Restricted fund expenditure |
|
|
|
|
| Project on behalf of members |
23,627 |
221,726 |
14,117 |
259,210 |
| Year ended 31 March 2021 |
Project |
Project and |
|
Total |
|
and activity |
activity |
Support |
Funds |
|
staff costs |
other costs |
costs |
2021 |
|
|
|
|
(as restated |
|
|
|
|
see note 28) |
|
£ |
£ |
£ |
£ |
| Members services |
217,713 |
1,561,567 |
234,767 |
2,014,047 |
| Policy and campaigns |
118,705 |
2,687 |
76,867 |
198,259 |
| Projects on behalf of members |
26,895 |
85,461 |
17,986 |
130,342 |
| Scotland activities |
42,407 |
668,027 |
33,074 |
743,508 |
|
405,720 |
2,317,742 |
362,694 |
3,086,156 |
| Restricted fund expenditure |
|
|
|
|
| Members services |
11,863 |
9,897 |
67 |
21,827 |
| Projects on behalf of members |
26,895 |
85,461 |
17,986 |
130,342 |
| Scotland activities |
42,407 |
668,027 |
33,074 |
743,508 |
|
81,164 |
763,385 |
51,127 |
895,677 |
| Year ended 31 March 2022 |
Staff |
Premises |
Governance |
Other |
Total |
|
costs |
|
costs |
|
Funds |
|
|
|
|
|
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Members services |
62,078 |
36,177 |
28,743 |
36,987 |
163,985 |
| Policy and campaigns |
46,558 |
27,132 |
- |
8,126 |
81,816 |
| Projects on behalf of members |
7,760 |
4,522 |
- |
1,835 |
14,117 |
| Scotland activities |
- |
- |
- |
- |
- |
| Development |
38,799 |
22,610 |
- |
53,432 |
114,841 |
|
155,195 |
90,441 |
28,743 |
100,380 |
374,759 |
| Year ended 31 March 2021 |
Staff |
Premises |
Governance |
Other |
Total |
|
costs |
|
costs |
|
Funds |
|
|
|
|
|
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Members services |
90,326 |
46,036 |
23,908 |
74,497 |
234,767 |
| Policy and campaigns |
48,508 |
24,723 |
- |
3,636 |
76,867 |
| Projects on behalf of members |
11,709 |
5,968 |
- |
309 |
17,986 |
| Scotland activities |
16,727 |
8,525 |
- |
7,822 |
33,074 |
|
167,270 |
85,252 |
23,908 |
86,264 |
362,694 |
| This is stated after charging: |
2022 |
2021 |
|
£ |
£ |
| Depreciation of tangible fixed assets: |
|
|
| - owned by the Charity |
5,790 |
5,112 |
| Loss on disposal of tangible fixed assets |
655 |
- |
| Amortisation of intangible assets |
23,400 |
17,932 |
| Auditor’s remuneration |
|
|
| - Audit fees |
13,000 |
12,700 |
| - Accountancy fees |
1,030 |
1,000 |
| - Other services |
515 |
500 |
| - Subsidiary auditor's fees |
9,800 |
7,950 |
| Operating leases: |
|
|
| - land and buildings |
66,065 |
62,445 |
|
**Group and ** |
Charitv |
|
2022 |
2021 |
|
£ |
£ |
| Wages and salaries |
496,139 |
455,162 |
| Social security costs |
48,905 |
45,774 |
| Employer's contribution to defined contribution pension scheme |
29,384 |
27,641 |
| Other employee benefits |
57,943 |
61,413 |
|
632,371 |
589,990 |
|
|
2022 |
2021 |
| £60,001 |
-£70,000 |
1 |
1 |
| £90,001 |
-£100,000 |
1 |
1 |
|
2022 |
2021 |
| Projects and activities |
10 |
10 |
| Administration |
2 |
2 |
| All employees are employed by the Charity. |
|
|
| ROUP AND CHARITY |
|
|
Computer |
|
Software |
|
£ |
| Cost |
|
| At 1 April 2021 |
101,554 |
| Additions |
15,205 |
| At 31 March 2022 |
116,759 |
| Amortisation |
|
| At 1 April 2021 |
35,624 |
| Amortisation charge |
23,400 |
| At 31 March 2022 |
59,024 |
| NBV at 31 March 2022 |
57,735 |
| NBV at 31 March 2021 |
65,930 |
| ROUP AND CHARITY |
|
|
|
|
|
Leasehold |
|
|
|
|
Building |
Computer |
Furniture & |
|
|
Improvements |
Equipment |
Equipment |
Total |
|
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
| At 1 April 2021 |
66,773 |
53,246 |
26,117 |
146,136 |
| Additions |
- |
5,527 |
- |
5,527 |
| Disposals |
- |
(885) |
- |
(885) |
| At 31 March 2022 |
66,773 |
57,888 |
26,117 |
150,778 |
| Depreciation |
|
|
|
|
| At 1 April 2021 |
66,773 |
46,700 |
26,041 |
139,514 |
| Charge for the year |
- |
5,714 |
76 |
5,790 |
| Disposals |
- |
(230) |
- |
(230) |
| At 31 March 2022 |
66,773 |
52,184 |
26,117 |
145,074 |
| NBV at 31 March 2022 |
|
5,704 |
|
5,704 |
| NBV at 31 March 2021 |
- |
6,546 |
76 |
6,622 |
|
Subsidiaries |
Associates |
Listed |
Total |
|
|
|
Investments |
|
|
£ |
£ |
£ |
£ |
| At 1 April 2021 |
101,000 |
40 |
244,093 |
345,133 |
| Net gains |
- |
- |
20,753 |
20,753 |
| At 31 March 2022 |
101,000 |
40 |
264,846 |
365,886 |
|
|
|
Proportion of |
|
|
|
Ordinary Shares |
|
Country of |
|
Held and |
|
Incorporation |
Activity |
votinq riqhts |
| Independent Advice Services Limited |
England and |
Non-trading |
100% |
| (Company number: 03583609) |
Wales |
|
|
| VCS Insurance Company Limited |
Guernsey |
Insurance |
100% |
| (Registered number: GG44303) |
|
|
|
|
|
Listed |
|
|
Associates |
Investments |
Total |
|
£ |
£ |
£ |
| At 1 April 2021 |
496,996 |
244,093 |
741,089 |
| Change in fairvalue |
- |
20,753 |
20,753 |
| Share of profit of associate |
|
|
|
| - Operating profit |
588,325 |
|
588,325 |
| - Taxation |
(53,122) |
- |
(53,122) |
| - Dividend |
(300,000) |
- |
(300,000) |
| At 31 March 2022 |
732,199 |
264,846 |
997,045 |
|
**Income ** |
Expenditure |
Surplus/(deficit) |
Net assets/ |
|
|
|
for the year |
(liabilities) |
|
£ |
£ |
£ |
£ |
| Independent Advice Services Limited |
1,750 |
5,554 |
(3,804) |
(63,899) |
| VCS Insurance Company Limited |
333,975 |
328,790 |
5,185 |
222,168 |
|
2022 |
2021 |
|
|
(as restated
see note 28) |
|
£ |
£ |
| Total income |
2,836,615 |
3,082,016 |
| Total expenditure |
(2,696,119) |
(2,941,293) |
|
140,496 |
140,723 |
| Net gains on investment |
20,753 |
35,796 |
| Net income |
161,249 |
176,519 |
| Fund balances brought forward at 1 April 2021 |
1,462,442 |
1,285,923 |
| Fund balances carried forward at 31 March 2022 |
1,623,691 |
1,462,442 |
|
|
Group |
|
Charity |
|
2022 |
2021 |
2022 |
2021 |
|
|
(as restated
see note |
|
(as restated
see note |
|
|
28) |
|
28) |
|
£ |
£ |
£ |
£ |
| Trade debtors |
559,419 |
454,145 |
536,623 |
443,175 |
| Amounts owed by subsidiary undertakings |
- |
- |
393,394 |
265,344 |
| Amounts owed by participating interest |
1,681 |
92,400 |
1,681 |
92,400 |
| Other debtors |
53,438 |
43,563 |
24,708 |
24,253 |
| Prepayments and accrued income |
762,365 |
671,911 |
762,365 |
671,911 |
|
1,376,903 |
1,262,019 |
1,718,771 |
1,497,083 |
|
|
Group |
|
Charity |
|
2022 |
2021 |
2022 |
2021 |
|
|
(as restated |
|
(as restated |
|
|
see note |
|
see note |
|
|
28) |
|
28) |
|
£ |
£ |
£ |
£ |
| Trade creditors |
43,696 |
14,258 |
43,696 |
14,258 |
| Amounts owed to subsidiary undertakings |
- |
- |
108,109 |
107,166 |
| Amounts owed to participating interest |
360,678 |
294,224 |
360,678 |
294,224 |
| Other taxation and social security |
29,547 |
57,007 |
29,547 |
57,007 |
| Other creditors |
302,045 |
147,215 |
208,624 |
80,754 |
| Accruals |
40,012 |
44,150 |
38,158 |
44,150 |
| Deferred income |
1,245,410 |
1,157,837 |
1,245,410 |
1,157,837 |
|
2,021,388 |
1,714,691 |
2,034,222 |
1,755,396 |
|
2022 |
2021 |
|
|
(as restated |
|
|
see note 28) |
|
£ |
£ |
| At 1 April 2021 |
1,157,837 |
719,834 |
| Income deferred in the current year |
1,245,410 |
1,157,837 |
| Amounts released from previous years |
(1,157,837) |
(719,834) |
| At 31 March 2022 |
1,245,410 |
1,157,837 |
| ROUP ONLY |
|
|
|
2022 |
2021 |
| Technical reserves |
£ |
£ |
| Outstanding claims reserve at 1 April 2021 |
30,712 |
20,750 |
| Movement in prior years’ claim provisions |
(30,712) |
(20,750) |
| Provisions for new claims |
21,070 |
13,000 |
| Outstanding claims reserve at 31 March 2022 |
21,070 |
13,000 |
| IBNER reserve |
23,232 |
17,712 |
|
44,302 |
30,712 |
|
2018 |
2019 |
2020 |
2021 |
2022 |
Cumulative |
| In year of claim (or |
|
|
|
|
|
|
| brought forward) |
48,905 |
28,160 |
24,930 |
14,946 |
9,070 |
348,960 |
| One year later |
(43,915) |
1,061 |
202 |
16,275 |
- |
(94,252) |
| Two years later |
(2,301) |
3,487 |
(775) |
- |
- |
(67,876) |
| Three years later |
(2,355) |
1,412 |
- |
- |
- |
(62,027) |
| Current estimate of |
|
|
|
|
|
|
| ultimate claims |
344 |
34,120 |
24,357 |
31,221 |
9,070 |
124,805 |
| Cumulative payments |
(334) |
(25,820) |
(15,292) |
(13,354) |
_ |
(80,503) |
| In balance sheet |
. |
8,300 |
9,065 |
17,867 |
9,070 |
44,302 |
|
Opening
Balance |
Income |
Expenditure |
Gains, losses
and transfers |
Closing
Balance |
|
(as restated |
|
|
|
|
|
see note |
|
|
|
|
|
28) |
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
| RESTRICTED FUNDS |
|
|
|
|
|
| Members services |
|
|
|
|
|
| Projects on behalf of |
14,658 |
267,750 |
(259,210) |
283 |
23,481 |
| members |
|
|
|
|
|
| Scotland activities |
86,859 |
|
|
|
86,859 |
| Total Restricted funds |
101,517 |
267,750 |
(259,210) |
283 |
110,340 |
| UNRESTRICTED FUNDS |
|
|
|
|
|
| General fund |
1,230,094 |
3,006,587 |
(2,634,552) |
(238,953) |
1,363,176 |
| Designated funds |
|
|
|
|
|
| Premises fund |
66,667 |
- |
- |
33,333 |
100,000 |
| Foundation fund |
108,034 |
309 |
- |
- |
108,343 |
| Fixed asset fund |
569,548 |
- |
- |
226,090 |
795,638 |
| Total Unrestricted funds |
1,974,343 |
3,006,896 |
(2,634,552) |
20,470 |
2,367,157 |
| TOTAL FUNDS |
2,075,860 |
3,274,646 |
(2,893,762) |
20,753 |
2,477,497 |
| STATEMENT OF FUNDS |
-CHARITY |
|
|
|
|
|
Opening
Balance |
Income |
Expenditure |
Gains, losses
and transfers |
Closing
Balance |
|
(as restated |
|
|
|
|
|
see note |
|
|
|
|
|
28) |
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
| RESTRICTED FUNDS |
|
|
|
|
|
| Members services |
|
|
|
|
|
| Projects on behalf of |
14,658 |
267,750 |
(259,210) |
283 |
23,481 |
| members |
|
|
|
|
|
| Scotland activities |
86,859 |
- |
- |
- |
86,859 |
| Total Restricted funds |
101,517 |
267,750 |
(259,210) |
283 |
110,340 |
| UNRESTRICTED FUNDS |
|
|
|
|
|
| General fund |
1,012,632 |
2,568,556 |
(2,436,909) |
(3,749) |
1,140,530 |
| Designated funds |
|
|
|
|
|
| Premises fund |
66,667 |
- |
- |
33,333 |
100,000 |
| Foundation fund |
108,034 |
309 |
- |
- |
108,343 |
| Fixed asset fund |
173,592 |
- |
- |
(9,114) |
164,478 |
| Total Unrestricted funds |
1,360,925 |
2,568,865 |
(2,436,909) |
20,470 |
1,513,351 |
| TOTAL FUNDS |
1,462,442 |
2,836,615 |
(2,696,119) |
20,753 |
1,623,691 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2022 |
|
£ |
£ |
£ |
| Fixed assets |
1,060,484 |
- |
1,060,484 |
| Current assets |
3,372,363 |
110,340 |
3,482,703 |
| Current liabilities |
(2,021,388) |
- |
(2,021,388) |
| Provision for liabilities |
(44,302) |
- |
(44,302) |
|
2,367,157 |
110,340 |
2,477,497 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2022 |
|
£ |
£ |
£ |
| Fixed assets |
429,325 |
- |
429,325 |
| Current assets |
3,118,248 |
110,340 |
3,228,588 |
| Current liabilities |
(2,034,222) |
- |
(2,034,222) |
|
1,513,351 |
110,340 |
1,623,691 |
| **ECONCILIATION OF NET INCOME/(EXPENDITURE) ** |
**TO NET CASH ** |
**FLOW FROM ** |
OPERATING |
| CTIVITIES |
|
|
|
|
|
2022 |
2021 |
|
|
|
(as restated |
|
|
|
see note |
|
|
|
28) |
| Net income for the year |
|
401,637 |
392,645 |
| Adjustments for: |
|
|
|
| Depreciation charges |
|
5,790 |
5,112 |
| Amortisation charges |
|
23,400 |
17,932 |
| Loss on disposal of tangible fixed assets |
|
655 |
- |
| Gains on investments |
|
(20,753) |
(35,796) |
| Share of profits of associated undertaking |
|
(235,203) |
(204,677) |
| Interest from investments |
|
(9,334) |
(9,146) |
| Increase in debtors |
|
(114,884) |
(320,406) |
| Increase in creditors |
|
306,697 |
713,656 |
| Increase in provision |
|
13,590 |
9,962 |
| Net cash provided by operating activities |
|
371,595 |
569,282 |
|
2022 |
2021 |
|
£ |
£ |
| Cash at bank and in hand |
2,105,800 |
1,745,603 |
| Total cash and cash equivalents |
2,105,800 |
1,745,603 |
|
At 1 April |
Cash flows |
At 31 March |
|
2021 |
|
2022 |
|
£ |
£ |
£ |
| Cash in hand |
1,745,603 |
360,197 |
2,105,800 |
|
1,745,603 |
360,197 |
2,105,800 |
|
2022 |
2021 |
|
£ |
£ |
| Amounts due within one year |
69,685 |
66,065 |
| Amounts due between 1 and 5 years |
- |
69,685 |
| Total |
69,685 |
135,750 |