##
||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Cash Flow Statemeat|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||10|to|17|
|Detailed Statement ofFinancial Activities||18|to|19|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||30SEP|2022|||
|---|---|---|---|---|---|---|
||||||30.9.22|30.9.21|
|||||Fair|||
||||Unrestricted|value|Total|Total|
||||fund|reserve|funds|funds|
|||Notes||f.|8||
|INCOME AND ENDOWMENTS FROM|||||||
|Charitable
activities|||||||
|Income from tours|||296,846||296,846|12,000|
|Other trading
activities||3|10,079||10,079|10,338|
|Investtnent
income||4|46,131||46,131|48,991|
|Total|||353,056||353,056|71,329|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Tour and accommodation|costs||271,732||271,732|27,740|
|Support costs
Fundraising
and publicity|||99,481
2,477||99,481
2,477|107,190
3,471|
|Grants to deserving
cases|||8,709||8,709||
|Total|||382,399||382,399|138,401|
|NET INCOME/(EXPENDITURE)|||(29,343)||(29,343)|(67,072)|
|Transfers
between funds||16|(219,790)|219,790|||
|Other recognised
gains/(losses)|||||||
|Gains on revaluation
offixed assets|||219,790||219,790||
|Net movement
in funds|||(29,343)|219,790|190,447|(67,072)|
|RECONCILIATION
OFFUNDS|||||||
|Total funds brought
forward|||1,109,782|1,268,089|2,377,871|2,444,943|
|TOTAL FUNDS CARRIED FORWARD|||1,080,439|1,487,879|2,568,318|2,377,871|
##
##
||||||FLOW|TATEMEN|||
|---|---|---|---|---|---|---|---|---|
|||for||he|earen|SEPTK|R2022||
||||||||30.9.22|30.9.21|
|||||Notes|||||
|Cash flows from operating
activities
Cash generated
from operations|||||I||1,384|(102,483)|
|Net cash provided
by/(used|in)|operating||activities|||1,384|(102,483)|
|Cash flows from investing
Interest received|activities||||||215|55|
|Rent received||||||||48,934|
|Net cash provided
by investing||activities|||||215|48,989|
|Change in cash aud cash equivalents
the reporting
period|||in||||1,599|(53,494)|
|Cash and cash equivalents
beginning ofthe reporting|at the
period||||||316,945|370,439|
|Cash and cash equivalents
the reporting
period|at|the end|of||||318,544|316,945|
##
##
##
|ACTIVITIES||||||
|---|---|---|---|---|---|
|||||30922|30921|
|Net expenditure
for the reporting|||period (as per the Statement of|||
|Financial Activities)||||(29,343)|(67,072)|
|Adjustments
for:||||||
|Depreciation
charges||||6,375|6,397|
|Interest received||||(215)|(55)|
|Rent received|||||(48,934)|
|(increase)/decrease|in debtors|||(9,101)|39,251|
|Increase/(decrease)|in creditors|||33,668|(32,070)|
|Net cash provided|by/(used|in) operations||1,384|(102,483)|
##
|ANALYSIS OF CHANGES IN NET FUND|S|||
|---|---|---|---|
||At 1.10.21|Cash flow|At 30.9.22|
|Net cash||||
|Cash at bank and in hand|316,945|1,599|318,544|
||3]6,945|1,599|318,544|
|Total|316,945|1,599|318,544|
##
##
##
##
##
##
##
##
##
##
##
##
##
||||30.9.22|30.9.21|
|---|---|---|---|---|
|Insurance|commissions||2,979|(950)|
|Other income|||7,100|65|
|Government|grants|||11,223|
||||10,079|10,338|
|INVESTMENT INCOME|||||
||||30.9.22|30.9.21|
|||||f.|
|Rents received|||45,916|48,936|
|Deposit account interest|||215|55|
||||46,131|48,991|
|INCOME|FROM CHARITABLE ACTIVITIES||||
||||30.9.22|30.9.21|
|||Activity||f|
|France||Income I'rom tours|45,138||
|Homeland||Income Irom tours|]51,469||
|Activity trips||Income trom tours|13,631||
|Isle ofMan||Income trom tours|20,823||
|Isle ofWight
Cancelled tour deposits||Income from tours
Income from tours|65,785|12,000|
||||296,846|12,000|
##
##
||||||Grant funding|||
|---|---|---|---|---|---|---|---|
||||||ofactivities|Support costs||
|||||Direct costs|(Seenote 7)|(Seenote 8)|Totals|
|Tours and|accommodation||costs|271,732|||271,732|
|Support costs||||77,683||21,798|99,481|
|Fundraising|and publicity|||2,477|||2,477|
|Grants to deserving||cases|||8,709||8,709|
|||||351,892|8,709|21,798|382,399|
##
##
|||||30.9.22|30.9.21|
|---|---|---|---|---|---|
|Grants|to|deserving|cases|8,709||
##
|||||Costs|Costs||||
|---|---|---|---|---|---|---|---|---|
|||||attributable|to|Governance||Basis of|
||||Direct costs|other income||costs|Total|apportionment|
|||||||f.|8||
|Staffcosts|||47,140|||2,400|49,540|Estimated staff time|
|Communications,||printing,|1,681||44|44|1,769|Estimated staff time|
|stationery|and publicity||||||||
|Professional
fees||||||3,000|3,000|Invoices|
|Repairs and maintenance|||4,488||561|561|5,610|Estimated staff time|
|Insurances|||3,589|2,938||900|7,427|Invoices|
|Trustees'|expenses|||||100|100|Governance|
|Accountancy||||||9,218|9,218|Governance|
|Depreciation|||4,753||984|637|6,374|Amount
relating to|
|||||||||flats, estimated staff|
|||||||||time|
|Cleaning|and sundries||]6,032|||411|16,443|Estimated staff time|
||||77,683|4,527||]7,271|99,481||
##
##
##
|Net income/(e|xpenditur|e)
is stated after charging/(creditin|g):||
|---|---|---|---|---|
||||30.9.22|30.9.21|
|||||f|
|Depreciation|-owned|assets|6,374|6,397|
##
##
##
##
##
##
|STAFF COSTS|||||||
|---|---|---|---|---|---|---|
||||||30.9.22|30.9.21|
|Wages and salaries|||||49,540|59,818|
||||||49,540|59,818|
|The average monthly|number ofemployees|||during the year was as follows:|||
||||||30.9.22|30.9.21|
|Management
and administration|||||4|4|
|No employees received emoluments|||in excess off60,000.||||
|COMPARATIVES|FOR|THE STATEMENT OFFINANCIAL ACTIVITIES|||||
||||||Fair||
|||||Unrestricted|value|Total|
|||||fund|reserve|funds|
||||||f||
|INCOME AND ENDOWMENTS|||FROM||||
|Charitable
activities|||||||
|Income from tours||||12,000||12,000|
|Other trading activities||||10,338||10,338|
|Investment
income||||48,991||48,991|
|Total||||71,329||71,329|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Tour and accommodation||costs||27,740||27,740|
|Supportcosts
Fundraising
and publicity||||107,190
3,471||107,190
3,471|
|Total||||138,401||138,401|
##
##
##
##
||
for the
ear nde|
for the
ear nde|
for the
ear nde|d30|S
|ER2 22|ER2 22||
|---|---|---|---|---|---|---|---|---|
|COMPARATIVES|FORTHE STATEMENT|||OF|FINANCIAL|ACTIVITIES -continued|||
||||||||Fair||
|||||||Unrestricted|value|Total|
|||||||fund|reserve|funds|
||||||||8||
|NET INCOME/(EXPENDITURE)||||||(67,072)||(67,072)|
|RECONCILIATION||OFFUNDS|||||||
|Total funds brought|forward|||||1,176,854|1,268,089|2,444,943|
|TOTAL FUNDS CARRIED FORWARD||||||1,109,782|1,268,089|2,377,871|
|TANGIBLE FIXEDASSETS|||||||||
|||||||Fixtures|||
||||Freehold||Long|and|Office||
||||property|leasehold||fittings|equipment|Totals|
||||f.|||8|8||
|COSTOR VALUATION|||||||||
|At 1October 2021
Revaluations||1,650,000
(60,000)||352,787
257,213||115,281|8,017|2,126,085
197,213|
|At 30September 2022||1,590,000||610,000||115,281|8,017|2,323,298|
|DEPRECIATION|||||||||
|At 1 October 2021|||||19,754|34,6$3|7,681|62,118|
|Charge foryear
Revaluation
adjustments||||2,822
(22,576)||3,438|114|6,374
(22,576)|
|At 30 September 2022||||||38,121|7,795|45,916|
|NET BOOK VALUE|||||||||
|At 30September 2022||1,590,000||610,000||77,160|222|2,277,382|
|At 30September 2021||1,650,000||333,033||80,598|336|2,063,967|
|Cost or valuation
at|30 September||2022 is represented||by:||||
||||Freehold||Long|Oiffce|||
||||property|leasehold||equipment|Furniture|Totals|
||||||||8||
|Valuation
in 2008|||329,778|||||329,778|
|Valuation
in 2013|||232,500|||||232,500|
|Valuation
in 2017|||705,812|||||705,812|
|Valuation
in 2022|||-60,000|257,213||||197,213|
|Cost|||381,910|352,787||8,017|115,281|857,995|
|||1,590,000||610,000||8,017|115,2$1|2,323,298|
##
##
##
##
|ollowing hist|orical cost:|
|---|---|
|30.9.22|30.9.21|
||f|
|352,787|352,787|
##
##
##
|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||30.9.22|30.9.21|
|||8||
|Trade debtors||295||
|Other debtors||6,180|8,857|
|Prepayments|and accrued income|34,763|23,280|
|||41,238|32,137|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||30.9.22|30.9.21|
|||8||
|Payments
received on account||31,398|11,006|
|Social security and other taxes||256|501|
|VAT||17,284|9,571|
|Creditors for|tours ik accomm|7,433|240|
|Other creditors||3,413|5,315|
|Accrued expenses||9,062|8,545|
|||68,846|35,178|
|Balance|as at
1 October 2021|as at
1 October 2021||11,006|
|---|---|---|---|---|
|Amount|released|to income earned trom charitable|activities|(11,006)|
|Amount|deferred|in year||31,398|
|Balance|as at 30|September 2022||31,398|
##
##
##
##
|MOVEMENT|IN FUNDS||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
||||||At|movement|between|At|
||||||1.10.21|in funds|funds|30.9.22|
|||||||||f|
|Unrestricted|funds||||||||
|General fund|||||1,109,782|190,447|(219,790)|1,080,439|
|Fair value reserve|||||1,268,089||219,790|1,487,879|
||||||2,377,871|190,447||2,568,318|
|TOTALFUNDS|||||2,377,871|190,447||2,568,3]8|
|Net movement|in funds, included|||in the above|are as Follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
||||||||f||
|Unrestricted|funds||||||||
|General fund|||||353,056|(382,399)|219,790|190,447|
|TOTAL FUNDS|||||353,056|(382,399)|219,790|190,447|
|Comparatives|for movement||in|funds|||||
||||||||Net||
|||||||At|movement|At|
|||||||1.10.20|in funds|30.9.21|
|||||||f|f,||
|Unrestricted|funds||||||||
|General fund||||||1,176,854|(67,072)|1,109,782|
|Fair value reserve||||||1,268,089||1468,089|
|||||||2,444,943|(67,072)|2,377,87]|
|TOTAL FUNDS||||||2,444,943|(67,072)|2,377,871|
|Comparative|net movement|in|funds, included||in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended
f|in funds
f|
|Unrestricted|funds||||||||
|General
fund||||||71,329|(138,401)|(67,072)|
|TOTALFUNDS||||||71,329|(138,401)|(67,072)|
##
##
##
|A current yea|r 12months
and prior|year 12months combined po|sition is as follo|ws:||
|---|---|---|---|---|---|
||||Net|Transfers||
|||At|movement|between|At|
|||1.10.20|in funds|funds|30.9.22|
||||||8|
|Unrestricted|funds|||||
|General fund||1,]76,854|123,375|(219,790)|1,080,439|
|Fair value reserve||1,268,089||219,790|1,487,879|
|||2,444,943|]23,375||2,568,318|
|TOTAL FUNDS||2,444,943|123,375||2,568,318|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||424,385|(520,800)|219,790|123,375|
|TOTAL FUNDS||424,385|(520,800)|219,790|123,375|
##
##
##
##
|DETAILED STATEME
for the
ear ended 30S|N
IALA
TIES
PTEMB||
|---|---|---|
||30.9.22f|30.9.21|
|INCOME AND ENDOWMENTS|||
|Other tradiag activities|||
|Insurance
commissions|2,979|(950)|
|Other income|7,100|65|
|Government
grants||11,223|
||10,079|10,338|
|Investment
income|||
|Rents received|45,916|48,936|
|Deposit account interest|2]5|55|
||46,13]|48,991|
|Charitable
activities|||
|France|45,138||
|Homeland|151,469||
|Activity trips|13,631||
|IsleofMan|20,823||
|IsleofWight
Cancelled tour deposits|65,785|12,000|
||296,846|12,000|
|Total incoming
resources|353,056|71,329|
|EXPENDITURE|||
|Charitable
activities|||
|Wages
Rates and water|49,540
224|59,818
4,188|
|Insurance|7,427|7,499|
|Light and heat
Telephone
and postage
Printing and Publicity
Marketing
and Website
Sundries|2,553
1,383
386
2,477
6,803|2,930
954
115
3,471
6,420|
|France|43,038|1,454|
|Spain
Homeland|138,068|12,581
10,105|
|IsleofMan|15,445||
|Isle ofWight
Activity trips
Rent and service charge
Repairs and maintenance
Bank charges
Long leasehold
Fixtures and fittings|63,949
11,232
4,926
5,610
1,937
2,822
3,438|3,600
4,402
4,342
989
2,822
3,438|
|Carried forward|361,258|129,128|
##
|||||EMEN|FFINANC|ACTIVI|||
|---|---|---|---|---|---|---|---|---|
||||fo t|||BER2022|||
||||||||30.9.22|30.9.21|
|Charitable
activities|||||||||
|Brought forward|||||||361,258|129,128|
|Depn ofotflce|equipment||||||114|137|
|Grants to deserving||cases|||||8,709||
||||||||370,081|129,265|
|Support costs|||||||||
|Governance|costs||||||||
|Accountancy|and legal fees||||||9,218|9,136|
|Conunittee
and Officers expense|||||||100||
|Professional|fees||||||3,000||
||||||||12,318|9,136|
|Total resources|expended||||||382,399|138,401|
|Net expenditure|||||||(29,343)|(67,072)|