## ## ||||Page|| |---|---|---|---|---| |Report ofthe Trustees||1|to|4| |Indepeudent
Examiner's|Report|||| |Statement ofFinancial Activities||||| |Balance Sheet||||| |Cash Flow Statement||||| |Notes to the Cash Flow|Statement|||| |Notes to the Financial Statements||10|to|17| |Detailed Statement ofFinancial Activities||18|to|19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||30.9.23|30.9.22| |---|---|---|---|---|---|---|---| ||||||Fair||| |||||Unrestricted|value|Total|Total| |||||fund|reserve|funds|funds| ||||Notes|||I|| |INCOME AND ENDOWMENTS FROM|||||||| |Charitable
activities|||||||| |Income fiom tours||||456,529||456,529|296,846| |Other trading activities||||200||200|10,079| |Investment
income||||50,766||50,766|46,131| |Total||||507,495||507,495|353,056| |EXPENDITURE ON|||||||| |Charitable
activities|||||||| |Tour and accommodation|costs|||388,793||388,793|271,732| |Support costs||||110,588||110,588|99,481| |Fundraising
and publicity||||2,679||2,679|2,477| |Grants to deserving
cases||||14,765||14,765|8,709| |Total||||516,825||516,825|382,399| |NET INCOME/(EXPENDITURE)||||(9,330)||(9,330)|(29,343)| |Other recognised
gaias/(losses)|||||||| |Gains on revaluation offixed assets|||||||219,790| |Net movement
in fuads||||(9,330)||(9,330)|190,447| |RECONCILIATION
OFFUNDS|||||||| |Total funds brought
forward||||1,080,439|1,487,879|2,568,318|2,377,871| |TOTAL FUNDS CARRIED FORWARD||||1,071,109|1,487,879|2,558,988|2,568,318| |CONTINUING
OPERATIONS|||||||| |All income and expenditure||has arisen Irom|continuing|activities.|||| ## ||BALANCE SHEET|BALANCE SHEET|BALANCE SHEET|||| |---|---|---|---|---|---|---| ||H|PT|22|||| ||||||30.9.23|30.9.22| |||||Fair||| |||Unrestricted||value|Total|Total| ||||fund|reserve|funds|funds| ||Notes|||||| |FIXEDASSETS||||||| |Tangible assets|13||786,578|1,487,878|2,274,456|2,277,382| |CURRENT ASSETS||||||| |Debtors|14||40,364||40,364|41,238| |Cash at bank and in hand|||286,937||286,937|318,544| ||||327,301||327,301|359,782| |CREDITORS||||||| |Amounts
falling due within one year|15||(42,770)|1|(42,769)|(68,846)| |NET CURRENT ASSETS|||284,531|I|284,532|290,936| |TOTAL ASSETSLESSCURRENT||||||| |LIABILITIES|||1,071,109|1,487,879|2,558,988|2,568,318| |NET ASSETS|||1,071,109|1,487,879|2,558,988|2,568,318| |FUNDS|16|||||| |Unrestricted
funds|||||2,558,988|2,568,318| |TOTALFUNDS|||||2,558,988|2,568,318| |||||A|TATEM|T|| |---|---|---|---|---|---|---|---| |||||th|ed 30TH|02|| |||||||30.9.23|30.9.22| |||||Notes|||f| |Cash flows from operating|activities||||||| |Cash generated
fiom operations
Finance costs paid||||||(34,128)
(1)|1,384| |Net cash (used in)/provided|by|operating||activities||(34,129)|1,384| |Cash flows from investing|activities||||||| |Purchase oftangible fixed assets||||||(622)|| |Interest received||||||3,144|215| |Net cash provided
by investing||activities||||2,522|215| |Change in cash and cash equivalents|||in||||| |the reporting
period
Cash and cash equivalents|at|the||||(31,607)|1,599| |beginning
ofthe reporting|period|||||318,544|316,945| |Cash and cash equivalents|at|the end|of||||| |the reporting
period||||||286,937|318,544| ## ## ||RECONCILIATI
ACTIVITIES|ON
OFN|ET E|XPENDITURE TO NET CASH FLOW FR|OM OPERATI|NG| |---|---|---|---|---|---|---| ||||||30.9.23|30.9.22| ||||||6|| ||Net expenditure|for the reporting||period (as per the Statement of||| ||Financial Activities)||||(9,330)|(29,343)| ||Adjustments
for:|||||| ||Depreciation
charges||||3,548|6,375| ||Interest received||||(3,144)|(215)| ||Finance costs||||1|| ||Decrease/(increase)|in debtors|||874|(9,101)| ||(Decrease)/increase|in creditors|||(26,077)|33,668| ||Net cash (used in)/provided||by operations||(34,128)|1,384| |2.|ANALYSIS OF CHANGES||IN NET FUNDS|||| |||||At 1.10.22|Cash flow|At 30.9.23| ||Net cash|||||| ||Cash at bank and|in hand||318,544|(31,607)|286,937| |||||318,544|(31,607)|286,937| ||Total|||318,544|(31,607)|286,937| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |OTHER TRADING ACTI|VITIES||| |---|---|---|---| |||30.9.23|30.9.22| |Insurance
commissions
Other income||200|2,979
7,100| |||200|10,079| |INVESTMENT INCOME|||| |||30.9.23|30.9.22| |Rents received
Deposit account interest||47,622
3,144|45,916
215| |||50,766|46,131| |INCOME FROM CHARITABLE ACTIVITIES|||| |||30.9.23|30.9.22| ||Activity||| |France
Homeland
Activity trips
Isle ofMan
Isle ofWight
Spain
Belgimn and Holland|Income &om tours
Income &otn tours
Income &om tours
Income fiom tours
Income &om tours
Income from tours
Income fiom tours|88,310
149,290
29,872
18,231
106,771
39,780
24,275|45,138
151,469
13,631
20,823
65,785| |||456,529|296,846| ## ## ||||||Grant funding||| |---|---|---|---|---|---|---|---| ||||||ofactivities|Support costs|| |||||Direct costs|(Seenote 7)|(Seenote 8)|Totals| |Tours and accommodation|||costs|38$,793|||388,793| |Supportcosts||||90,002||20,586|110,588| |Fundraising|snd publicity|||2,679|||2,679| |Grants to deserving||cases|||14,765||14,765| |||||481,474|14,765|20,586|516,825| ## ## |||||30.9.23|30.9.22| |---|---|---|---|---|---| |Grants|to|deserving|cases|14,765|8,709| ## ||||Costs|Costs|||| |---|---|---|---|---|---|---|---| ||||attributable|to|Governance||Basisof| |||Direct costs|other income||costs|Total|app orbonment| |Staffcosts||52,198|||2,400|54,598|Estimated staff time| |Communications,|printing,|3,251||86|86|3,423|Estimated staff time| |stationery
and publicity|||||||| |Repairs and maintenance||3,670||459|459|4,588|Estitnated stafl' time| |Insurances||6,950|3,158||900|11,008|Invoices| |Trustees' expenses|||||1,773|1,773|Governance| |Accountancy|||||9,368|9,36$|Governance| |Interest paid|||||I|1|Governance| |Depreciation||2,210||984|355|3,549|Amount relating to| ||||||||flats, estimated staff| ||||||||time| |Cleaning and sundries||21,723|||557|22,280|Estimated staff time| |||90,002|4,687||15,899|110,588|| ## ## ||||30.9.23
I|30.9.22| |---|---|---|---|---| |Depreciation|- owned|assets|3,548|6,374| ## ## ## ## ## |STAFFCOSTS||||||| |---|---|---|---|---|---|---| ||||||30.9.23|30.9.22| |Wages and salaries|||||54,598|49,540| ||||||54,598|49,540| |The average monthly|number ofemployees|||during the year was as follows:||| ||||||30.9.23|30.9.22| |Management
snd administration|||||4|4| |No employees received emoluments|||in excess off60,000.|||| |COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES||||||| ||||||Fair|| |||||Unrestricted|value|Total| |||||fund|reserve|funds| |INCOME AND ENDOWMENTS|||FROM|||| |Charitable
activities||||||| |Income from tours||||296,846||296,846| |Other trading activities||||10,079||10,079| |Investment
income||||46, 131||46,131| |Total||||353,056||353,056| |EXPENDITURE ON||||||| |Charitable
activities||||||| |Tour and accommodation||costs||271,732||271,732| |Support costs||||99,481||99,481| |Fundraising
and publicity||||2,477||2,477| |Grants to deserving
cases||||8,709||8,709| |Total||||382,399||382,399| ## ## |12.|COMPARATIVES FOR THE|STATEMEN|T OF|FINANC|IAL ACTIVITIE|S -continued|| |---|---|---|---|---|---|---|---| |||||||Fair|| |||||||value|Total| |||||||reserve|funds| ||NET INCOME/(EXPENDITURE)
Transfers
between
funds
Other recognised
gains/(tosses)||||(29,343)
(219,790)|219,790|(29,343)| ||Gains on revaluation offixed assets||||219,790||219,790| ||Net movement
in funds||||(29,343)|2]9,790|190,447| ||RECONCILIATION
OFFUNDS||||||| ||Total funds brought forward||||1,109,782|1,268,089|2,377,871| ||TOTAL FUNDS CARRIED FORWARD||||1,080,439|1,487,879|2,568,318| |13,|TANGIBLE FIXEDASSETS||||||| ||||||Fixtures||| |||Freehold||Long|and|Office|| |||property|leasehold||fittings|equipment|Totals| ||COST||||||| ||At 1stOctober 2022
Additions|1,590,000|610,000||115,281|8,017
622|2,323,298
622| ||At 30th September 2023|1,590,000|610,000||115,281|8,639|2,323,920| ||DEPRECIATION||||||| ||At 1stOctober 2022
Charge for year||||38,121
3,437|7,795
111|45,916
3,548| ||At 30th September 2023||||41,558|7,906|49,464| ||NET BOOKVALUE||||||| ||At 30th September 2023|1,590,000|610,000||73,723|733|2,274,456| ||At 30th September 2022|1,590,000|610,000||77,160|222|2,277,382| ||Cost or valuation
at30September|2023 is represented||by:|||| |||Freehold||Long|Office||| |||property|leasehold||equipment||Totals| ||||||||6| ||Valuation
in 2008
Valuation
in 2013
Valuation
in 2017
Valuation
in 2022|329,778
232,500
705,812
-60,000|257,213||||329,778
232,500
705,812
197,213| ||Cost|381,910|352,787||8,017|115,281|857,995| |||1,590,000|610,000||8,017|115,281|2,323,298| ## ## ||||30.9.23||30.9.22| |---|---|---|---|---|---| |Cost|||381,910||381,910| |Freehold property|was valued on an open market|basis on 23November 2021|by Kinleigh Folkard dr Hayward.||| |Iflong leasehold|property had not been revalued|itwould have been included|at the following|historical cost:|| ||||30.9.23||30.9.22| |Cost|||352,787||352,787| ## ## ## |DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||| |---|---|---| ||30.9.23|30.9.22| |Trade debtors|295|295| |Other debtors|13,480|6,180| |Prepayments
and accrued income|26,589|34,763| ||40,364|41,238| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||| ||30.9.23|30.9.22| |Payments
received on account
Social security and other taxes|29,011
399|31,398
256| |VAT
Creditors for tours tie accomm
Other creditors
Accrued expenses|2,472
1,431
9,456|17,284
7,433
3,413
9,062| ||42,769|68,846| |Balance|as at 1October 2022||31,398| |---|---|---|---| |Amount
Amount|released to income earned &om charitable
deferred in year|activities|(30,071)
27,684| |Balance|as at 30September 2023||29,011| ## ## ## ## ## ## |||||||||Net|| |---|---|---|---|---|---|---|---|---|---| ||||||||At|movement|At| ||||||||1.10.22|in funds|30.9.23| |Unrestricted||funds|||||||| |General fund
Fair value reserve|||||||1,080,439
1,487,879|(9,330)|1,071,109
1,487,879| ||||||||2,568,318|(9,330)|2,558,988| |TOTALFUNDS|||||||2,568,318|(9,330)|2,558,988| |Net movement||in funds, included|||in the above|are as follows:|||| ||||||||Incoming|Resources|Movement| ||||||||resources|expended|in funds| |Unrestricted||funds|||||||I| |General fund|||||||507,495|(516,825)|(9,330)| |TOTAL FUNDS|||||||507,495|(516,825)|(9,330)| |Comparatives||for movement||in|funds||||| ||||||||Net|Transfers|| |||||||At|movement|between|At| |||||||1.10.21|in funds|funds|30.9.22| |Unrestricted||funds|||||||| |General fund
Fair value reserve||||||1,109,782
1,268,089|190,447|(219,790)
219,790|1,080,439
1,487,879| |||||||2,377,871|190,447||2,568,318| |TOTALFUNDS||||||2,377,871|190,447||2,568,318| |Comparative|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| ## ## ## ||||Net|Transfers|| |---|---|---|---|---|---| |||At|movement|between|At| |||1.10.21|in funds|funds|30.9.23| |Unrestricted|funds||||f.| |General fund
Fair value reserve||1,109,782
1,268,089|181,117|(219,790)
219,790|1,071,109
1,487,879| |||2,377,871|181,117||2,558,988| |TOTAL FUNDS||2,377,871|181,117||2,558,988| |||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| |||resources|expended|losses|in funds| |Unrestricted|funds||||| |General fund||860,551|(899,224)|219,790|181,117| |TOTAL FUNDS||860,551|(899,224)|219,790|181,117| ## ## ## ## |
for
ear end
d30T|

SEPT
BER2023|| |---|---|---| ||30.9.23|30.9.22| |INCOME AND ENDOWMENTS||| |Other trading activities||| |Insurance
commissions
Other income|200|2,979
7,100| ||200|10,079| |Investment
income||| |Rents received
Deposit account interest|47,622
3,144|45,916
215| ||50,766|46,131| |Charitable
activities||| |France
Homeland
Activity trips
Isle ofMan
Isle ofWight
Spain
Belgium and Holland|88,310
149,290
29,872
18,231
106,771
39,780
24,275|45, 138
151,469
13,631
20,823
65,785| ||456,529|296,846| |Total incoming resources|507,495|353,056| |EXPENDITURE||| |Charitable
activities||| |Wages
Rates and water
Insurance
Light and heat
Telephone
snd postage
Printing
and Publicity
Marketing
and Website
Sundries
France
Spain
Homeland
Isle ofMan
Isle ofWight
Activity trips
Belgium and Holland
Rent and service charge
Repairs and maintenance
Bank charges
Long leasehold
Carried forward|54,598
5,032
11,008
4,159
1,521
1,902
2,679
7,941
74,439
37,956
128,284
13,856
107,262
10,344
16,652
4,069
4,588
1,079
487,369|49,540
224
7,427
2,553
1,383
386
2,477
6,803
43,038
138,068
15,445
63,949
11,232
4,926
5,610
1,937
2,822
357,820| ## |DETAILED
T
MENT OF
for
ear ended 30TH|FINANCIAL
TIVITIES
EP
BER202|| |---|---|---| ||30.9.23|30.9.22| |Charitable
activities||| |Brought forward
Fixtures and fittings
Depn ofoflice equipment|487,369
3,438
111|357,820
3,438
114| |Grants to deserving cases|14,765|8,709| ||505,683|370,081| |Support costs||| |Other||| |Interest paid||| |Governance
costs||| |Accountancy
and legal fees
Committee
and Oflicers expense
Professional
fees|9,368
1,773|9,218
100
3,000| ||11,141|12,318| |Total resources expended|516,825|382,399| |Net expenditure|(9,330)|(29,343)|