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||||Pages|
|---|---|---|---|
|Trustees'|annual report||1to 3|
|Independent
auditor's||report to the members|4to7|
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Statement|ofcash flows||10|
|Notes to|the financial|statements|11to 19|
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||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|||
|||||||funds|funds|Total funds|Total funds|
||||||Note|||||
|Income and endowments||||||||||
|Donations
and legacies|||||4|1,195,517|93,772|1,289,289|1,240,249|
|Investment
income|||||5|99,866||99,866|100,455|
|Other income|||||6||||3,807|
|Total income||||||1,295,383|93,772|1&389,155|1,344,511|
|Expenditure||||||||||
|Expenditure
on|raising funds:|||||||||
|Investment|management|||costs|7|(15,251)||(15,251)|(10,693)|
|Expenditure
on|charitable||activities||8,9|(1,440,007)|(133,923)|(1,573,930)|(1,346,565)|
|Total expenditure||||||(1,455,258)|(133,923)|(1,589,181)|(1,357,258)|
|Net expenditure||||||(159,875)|(40,151)|(200,026)|(12,747)|
|Transfers between||funds||||9,340|(9,340)|||
|Net movement|in|funds||||(150,535)|(49,491)|(200,026)|(12,747)|
|Reconciliation|offunds|||||||||
|Total funds brought||forward||||1,085,692|4,076,130|5,161,822|5,174,569|
|Total funds carried forward||||||935,157|4,026,639|4,961,796|5,161,822|
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|||||2023||2022|
|---|---|---|---|---|---|---|
||||Note||||
|Fixed assets|||||||
|Tangible fixed assets|||15||2,186,364|2,271,241|
|Investments|||16||2,550,000|2,550,000|
||||||4,736,364|4,821,241|
|Current
assets|||||||
|Debtors|||17|7,421||5,128|
|Cash at bank|and in hand|||266,610||388,094|
|||||2749031||393,222|
|Creditors: amounts||falling due within one year|18|(229375)||(23,458)|
|Net current|assets||||251,656|369,764|
|Total assets|less current liabilities||||4,988,020|5,191,005|
|Creditors: amounts||falling due after more than|||||
|one year|||19||(26,224)|(29,183)|
|Net assets|||||4,961,796|5,161,822|
|Funds ofthe|charity||||||
|Restricted
funds|||||4)026,639|4,076,130|
|Unrestricted|funds||||935,157|1,085,692|
|Total charity|funds||20||4,961,796|5,161,822|
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||YEAR ENDED 31MARCH 2|023||
|---|---|---|---|
|||2023|2022|
||||5|
|Cash flows from operating|activities|||
|Net expenditure||(200,026)|(12747)|
|Adj us/ments for:
Depreciation oftangible fixed assets||98,029|100,407|
|Dividends,
interest and rents from investments||(97,990)|(98,740)|
|Other interest receivable
and similar income||(1,876)|(1,715)|
|Accrued income||(360)|(7,560)|
|Changes in:
Trade and other debtors||(2,293)|10,630|
|Trade and other creditors||(723)|2,468|
|Cash generated
from operations||(205439)|(7,257)|
|Interest received||1,876|1,715|
|Net cash used in operating|activities|(203,363)|(5,542)|
|Cash flows from investing|activities|||
|Dividends,
interest and rents from investments||97,990|98,740|
|Purchase oftangible assets||(13,152)|(2,550)|
|Net cash from investing
activities||84,838|96,190|
|Cash flows from financing|activities|||
|Proceeds from borrowings||(2,959)|(3,461)|
|Net cash used in financing|activities|(2,959)|(3,461)|
|Net (decrease)/increase
in|cash and cash equivalents|(121,484)|87,187|
|Cash and cash equivalents|at beginning ofyear|388,094|300,907|
|Cash and cash equivalents|at end ofyear|266,610|388,094|
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|DONATIO|NS
AND LE|GACIES|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2023|
|Donations|||||||
|Voluntary|Contributions|||1,088,447||1,088,447|
|Donations||||107,070||107,070|
|Grants|||||||
|Grants|||||93,772|93,772|
|||||1,195,517|93,772|1,289,289|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|Donations|||||||
|Voluntary|Contributions|||1,033,889||1,033,889|
|Donations||||138,067||138,067|
|Grants|||||||
|Grants|||||68,293|68,293|
|||||1,171,956|68293|1 240 249|
|INVESTMENT INCOME|||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
|||||||S|
|Income from investment||properties|97,990|97,990|98,740|98,740|
|Bank interest receivable|||1,876|1,876|1,715|1,715|
||||99,866|99,866|100,455|100,455|
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||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|2023|Funds|2022|
||||||||5||
||Coronavirus|Job Retention||Scheme|||3,807|3,807|
|7.|INVESTMENT MANAGEMENT||||COSTS||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2023|Funds|2022|
||Investment|management|fees||6,410|6,410|3,950|3,950|
||Interest and|similar charges|||1,029|1,029|3,376|3,376|
||Repairs||||7,812|7,812|3,367|3,367|
||||||15,251|15,251|10,693|10,693|
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|EXPEN|DITURE ON CHARITABLE ACTIVI|TIES BY FUND TY|PE||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|||||K|
|Provision|ofsecular and religious education|1,423,447|133,923|1,557,370|
|Suppott|costs|16,560||16)560|
|||1,440,007|133,923|1,573,930|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|Provision|ofsecular and religious education|1,189,857|138,597|1,328,454|
|Support|costs|18,111||18,111|
|||1,207,968|138,597|1,346,565|
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|EXPENDIT|URE ON C|HARITABLE|ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|---|
|||Activities|||||
|||undertaken|Grant funding||Total funds|Total fund|
|||directly|ofactivities|Support costs|2023|2022|
|||||f.|||
|Provision of|secular and||||||
|religious education
Governance
costs||1,209,423|347,947|2,342
14,218|1,559,712
14,218|1,331,048
15,517|
|||1,209,423|347,947|16,560|1,573,930|1,346,565|
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||Net expenditure
is stated after charging/(cr|editing):|||
|---|---|---|---|---|
||||2023|2022|
||Depreciation oftangible fixed assets||98,029|100,407|
|11.|AUDITORS REMUNERATION||||
||||2023|2022|
||Fees payable for the audit ofthe financial|statements|6,240|6,545|
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|STAFF COSTS|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed
as|follows:|
||||2023|2022|
|||||f.|
|Wages and salaries
Social security costs|||823,978
61,194|817,972
57,246|
|Employer
contributions|to pension|plans|19,674|19,631|
||||904,846|894,849|
|The average head count of|employees|during|the year was 57 (2022:55).|||
|---|---|---|---|---|---|
|The number ofemployees|whose remuneration||for the year fell within the|following|bands, were:|
|||||2023|2022|
|||||No.|Nc.|
|660,000to 669,999|||||1|
|E70,000to 679,999||||1||
|||||1|l|
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|15.|YEAR ENDED 31
TANGIBLE FIXEDASSETS|MARCH 2023|||
|---|---|---|---|---|
|||Land and|Fixtures and||
|||buildings|fittings|Total|
|||||a|
||Cost||||
||At 1 April 2022|3,173,404|924,421|4,097,825|
||Additions||13,152|13,152|
||At 31March 2023|3,173,404|937,573|4,110,977|
||Depreciation||||
||At 1 April 2022|1,234,618|591,966|1,826,584|
||Charge for the year|63,468|34,561|98,029|
||At 31March 2023|1,298,086|626,527|1,924,613|
||Carrying
amount
At 31March 2023|1,875,318|311,046|2,186,364|
||At 31March 2022|1,938,786|332,455|2,271,241|
|16.|INVESTMENTS||||
|||||Investment|
|||||properties|
||Fair value||||
||At 1April 2022 and 31March 2023|||2,550,000|
||Carrying
amount
At31March 2023|||2,550,000|
||At 31March 2022|||2,550,000|
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||||2023|2022|
|---|---|---|---|---|
|||||6|
|Income|tax|recoverable|7,421|5,128|
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|NOTES T
CREDITORS: amounts|O THE FINANCIAL
STATEMENTS
YEARENDED 31MARCH 2023
falling due within one year|auunnurrt1||
|---|---|---|---|
|||2023|2022|
|Accruals and deferred income||6,240|6,600|
|Social security and other|taxes|16,135|16,858|
|||22,375|23,458|
|CREDITORS: amounts|falling due after more than one year|||
|||2023|2022|
|Bank loans and overdrafts||26,224|29,183|
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|Unrestricted
funds||||||
|---|---|---|---|---|---|
||At|||At 31March||
||I April 2022|Income|Expenditure|Transfers|2023|
|General funds|1,085,692|1,295,383|(1,455,258)|9,340|935,157|
||At||||At 31 March|
||I April 2021|Income|Expenditure|Transfers|2022|
|General funds|1,028,135|1,276,218|(1,218,661)||1,085,692|
|Restricted funds||||||
||At|||At31March||
||I April 2022|Income|Expenditure|Transfers|2023|
|||f.|||8|
|Restricted funds|4,076,130|93,772|(133,923)|(9,340)|4,026,639|
||At||||At 31 March|
||I April 2021|Income|Expenditure|Transfers|2022|
||||I,||f.|
|Restricted funds|4,146,434|68,293|(138,597)||4,076,130|
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|||||At|
|---|---|---|---|---|
|||At 1 Apr 2022|Cash flows|31Mar 2023|
|Cash|at bank and in hand|388,094|(121,484)|266,610|
|Debt|due after one year|(29,183)|2,959|(26,224)|
|||358,911|(118,525)|240,386|
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