2022-03-31-accounts - West Indian Self Effort Project (W I S E)

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				Page
Reference and administrative		details
Report ofthe trustees			2	to	4
Independent examiner's report
Statement offinancial	activities
Statement offinancial	position
Statement ofcash flows
Notes to the linancial	statements		9	to	15
Detailed statement of	financial	activities	16	to	17

STATEM	ENT OFFI ANCIAL PO 31STMARCH 2022	SITION
		2022	2021
	Notes		8
FIXEDASSETS
Tangible assets	10	1,827	2,414
CURRENT ASSETS
Debtors		5,903	5,474
Cash at bank and in hand		153,284	142822
		159,187	148,296
CREDITORS
Amounts falling due within one year	12	(3,532)	(1,645)
NET CURRENT ASSETS		155,655	146,651
TOTAL ASSETSLESSCURRENT
LIABILITIES		157,482	149,065
NET ASSETS		157482	149065
FUNDS	15
Unrestricted funds		157,482	149,065
TOTALFUNDS		157,482	~149 065

		FOR T	HE YEAR ENDED	31STMARCH 2022
				2022	2021
			Notes
Cash flows from operating	activities
Cash generated from operations			18	~10 146	6094
Net cash provided by operating		activities		~10146	6,094
Cash flows from investing	activities
Interest received				16	139
Net cash provided by investing		activities		16	139
Change in cash and cash equivalents			in
the reporting period				10,162	6,233
Cash and cash equivalents	at	the
beginning ofthe reporting	period		19	142,822	136,589
Cash and cash equivalents	at	the end	of
the reporting period			19	152,984	142,822

							2022	2021
	Deposit account interest						16	139
4.	INCOME FROM	CHARITABLE ACTIVITIES
							2022	2021
				Activity
	Spot Purchase			Charitable	activities		70,181	39,896
	Client fees			Charitable	activities			855
							~70 181	~40 751
5.	CHARITABLE ACTIVITIES COSTS
						Direct	Support
						Costs (see	costs (see
						note 6)	note 7)	Totals
						8	8	8
	Charitable activities					67,957	3,899	71,736
6.	DIRECT COSTS	OF	CHARITABLE ACTIVITIES
							2022	2021
	Staffcosts						33,881	28,153
	Rates and water						1,282	993
	Light and heat						8,685	9,559
	Postage, stationery,	printing		and telephone			3,633	3,437
	Sundries						916	50
	Repairs, maintenance	and security cost					10,776	8,677
	Training and education						3,255	70
	Transportation and	travelling					885
	Meals and refreshments						2,201	19
	Cleaning and sanitation						1,525	1,133
	Donations and subscriptions						194	403
	Management committee		expenses				135
	Depreciation						589	609
							~67 957	~53 103

10.	TANGIBLE FIKEDASS	ETS
			Fixtures
			and		Computer
			fittings 8		equipment	Totals f
	COST
	At 1stApril 2021 and 31st	March 2022	~38	076	2,429	40505
	DEPRECIATION
	At 1stApril 2021		35,905		2,186	38,091
	Charge for year			527	60	587
	At 31stMarch 2022		36,432		2,246	~38678
	NET BOOK VALUE
	At 31stMarch 2022		I	644	183	~1827
	At 31stMarch 2021		2,171		243	2,414
11.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					2022	2021
						8
	Other receivables				5,903	5,474
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2022	2021
					8
	Bank loans and overdraiis	(see note 13)			300
	Other creditors				3232	1 645
					3,532	~1645
13.	LOANS
	An analysis ofthe maturity	ofloans is given below:
					2022	2021
						8
	Amounts falling due within	one year on demand:
	Bank overdraiis				300

ANALYSIS	OFNET ASSETSBE	TWEEN FUNDS
				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
			8		8
Fixed assets		1,827		1,827	2,414
Current assets Current liabilities		159,187 ~3532)		159,187 ~3,532)	148,296 ~1,645)
		157,482		157,482	149,065
MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.4.21	in funds	31.3.22
Unrestricted	funds
General fund			149,065	8,417	157,482
TOTAL FUNDS			~149065	~8417	~157482

ACTIVITIES
				2022	2021
					8
Net income for the	reporting	period (as per the	Statement of
iinancial activities)				8,417	5,011
Adjustments for:
Depreciation charges				589	609
Interest received				(16)	(139)
rounding				(2)
(Increase)/decrease	in debtors			(429)	6,106
Increase/(decrease)	in creditors			1,587	~5493
Net cash provided	by operations			10,146	~6094
ANALYSIS OF CASH AND		CASH EQUIVALENTS
				2022	2021
Cash in hand				273
Notice deposits (less than 3months)				153,011	142,822
Overdrails included year	in bank loans and overdratts		falling due within one	~300)
Total cash and cash	equivalents			152,984	142,822
ANALYSIS OF CHANGES		IN NET FUNDS
			At 1.4.21	Cash flow	At 31.3.22
				8
Net cash
Cash at bank and in Bank overdraft	hand		142,822	10,462 ~300	153,284 ~300)
			142,822	10,162	) 152984
Total			142,822	10,162	~152 984

		FOR THE YEAR ENDED 31S	TMARCH 2022
			2022	2021
				8
INCOME AND ENDOWMENTS
Donations and legacies
Donations			983
Reimbursement-A. P.D.A			9,093	9,348
			10,076	9,348
Investment income
Deposit account interest			16	139
Charitable activities
Spot Purchase			70,181	39,896
Client fees				855
			70,181	40,751
Other income
Government covid grant				~II 611
Total incoming resources			80,273	61,849
EXPENDITURE
Charitable activities
Wages			33,881	25,499
Social security				2,654
Rates and water			1,282	993
Light and heat			8,685	9,559
Postage, stationery, printing		and telephone	3,633	3,437
Sundries			916	50
Repairs, maintenance and security cost			10,776	8,677
Training and education			3,255	70
Transportation and travelling			885
Meals and refreshments			2,201	19
Cleaning and sanitation			1,525	1,133
Donations and subscriptions			194	403
Management committee	expenses		135
Depreciation oftangible	fixed assets		589	609
			67,957	53,103
Support costs
Governance costs
Insurance			1,888	1,850
Accountancy and legal	fees		300
Examiner fees			1,372	1,492
Carried forward			3,440	3,342