| CONTENTS | PAGE | |
|---|---|---|
| Members ofthe board and professional | advisers | |
| Trustees annual report |
4-7 | |
| Independent examiner's report |
||
| Statement offinancial activities |
||
| Balance sheet | 10 | |
| Statement ofcash flows |
||
| Notes to the financial statements | 12-16 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| Funds | Funds | ||||
| 2022 | 2021 | ||||
| Note | |||||
| INCOMING RESOURCES | |||||
| Incoming resources from generating | funds: | ||||
| Voluntary income |
496,589 | 839,240 | |||
| Funding received from Bar lian |
|||||
| University | 210,788 | 5,112 | |||
| TOTAL INCOMING RESOURCES | 707/77 | 844,352 | |||
| RESOURCES EXPENDED | |||||
| Costs ofgenerating funds: |
|||||
| Costs ofgenerating voluntary |
income | 4 | (1/85) | (5,180) | |
| Charitable activities |
5/6 | (698,400) | (352,745) | ||
| Support and governance costs |
7 | (172,789) | (220,138) | ||
| TOTAL RESOURCES EXPENDED | (872,474) | (578,063) | |||
| NET INCOMING/(OUTGOING) | |||||
| RESOURCES FOR THE YEAR | (165,097) | 266,289 | |||
| RECONCILIATION OFFUNDS |
|||||
| Total funds brought forward |
405,739 | 139,450 | |||
| TOTAL FUNDS CARRIED | FORWARD | 240,642 | 405,739 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | ||||
| FIXEDASSETS | ||||
| Tangible assets | 1+06 | 1,741 | ||
| CURRENT ASSETS | ||||
| Debtors | 154 | 19,572 | ||
| Cash at bank | 311,691 | 393,597 | ||
| 311,845 | 413,169 | |||
| CREDITORS: Amounts | falling due within one | |||
| year | 10 | (72,509) | (9,171) | |
| NET CURRENT ASSETS | 239436 | 403,998 | ||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 240,642 | 405,739 | |
| NET ASSETS | 240,642 | 405,739 | ||
| FUNDS | ||||
| Unrestricted income funds |
240,642 | 405,739 | ||
| TOTAL FUNDS | 240,642 | 405,739 |
| 30SEPTEMBE | R 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Note | |||||
| CASH FLOWS FROM | OPERATING ACTIVITES | ||||
| Net Cash used in operating activities |
13 | (81,906) | 253,675 | ||
| CASH FLOWS FROM | INVESTING ACTIVITIES | ||||
| Purchase offixed assets | |||||
| CHANGE IN CASH & | CASH | EQUIVALENTS IN | THE | ||
| YEAR | (81,906) | 253,675 | |||
| Cash &cash equivalents | brought | forward | 393,597 | 139,922 | |
| CASH &CASH EQUIVALENTS CARRIED | |||||
| FORWARD | 311,691 | 393,597 |
| Unrestricted | Total | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | ||||||
| 2022 | 2021 | ||||||
| Donations | |||||||
| Donations | received | 496,589 | 828,955 | ||||
| Grants receivable | |||||||
| Job Retention | Scheme grant | 10,285 | |||||
| 496,589 | 839,240 | ||||||
| 3. | FUNDING | FROM BAR | ILAN UNIVERSITY | ||||
| Unrestricted | Total Funds | ||||||
| Funds 2022 | 2021 | ||||||
| Funding from |
Bar lian University | 210,788 | 5,112 | ||||
| 4. | COSTS OF GENERATING VOLUNTARY INCOME | ||||||
| Unrestricted | Total Funds | Total Funds | |||||
| Funds | 2022 | 2021 | |||||
| Mailshots | and | fundraising | events | 1/85 | 1/85 | 5,180 | |
| 5. | COSTS OF CHARITABLE ACTIVITIES BYFUND | TYPE |
| Unrestricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|
| Funds | 2022 | 2021 | |||
| Distributions | to Bar lian University | 617,800 | 617,800 | 291,768 | |
| Payments | by | donors directly to Bar lian University | 80,600 | 80,600 | 60,977 |
| 698,400 | 698,400 | 352,745 |
| Unrestricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|
| Funds | 2022 | 2021 | |||
| Distributions | to Bar lian University | 617,800 | 617,800 | 291,768 | |
| Payments | by | donors directly to Bar lian University | 80,600 | 80,600 | 60,977 |
| 698,400 | 698,400 | 352,745 |
| 7. | SUPPORT AND GO | VERNA | NCE COSTS |
||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| Funds | Funds | ||||
| 2022 | 2021 | ||||
| ~So ott costs |
|||||
| Staffcosts | 141,197 | 111,614 | |||
| Premises costs | 7,868 | 79,929 | |||
| Foreign currency (gain)/loss | 9,672 | ||||
| Office administrative | expenses | 16,888 | 11,416 | ||
| Sundry support costs | 745 | 1,279 | |||
| 166,698 | 213,910 | ||||
| Governance costs |
|||||
| Payroll bureau | 1,591 | 828 | |||
| Accountancy fees |
2,700 | 3,000 | |||
| Audit fees | 2,400 | ||||
| Independent examiner's fees |
1,800 | ||||
| 6,091 | 6,228 | ||||
| Total support and governance |
costs | 172,789 | 220,138 | ||
| 8. | STAFFCOSTS AND | EMOLUMENTS | |||
| Total staff costs were | as follows: | ||||
| 2022 | 2021 | ||||
| Wages and salaries | 103/54 | 102,487 | |||
| Social security costs | 7/15 | 7,810 | |||
| Staffpension costs | 628 | 1,317 | |||
| Settlement agreement |
payment | 30,000 | |||
| 141,197 | 111,614 |
| was as f | ollows: | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| No. | No. | |||
| Number | ofadministrative | staff | 1 | 1 |
| Number | ofmanagement | staff | 1 | 1 |
| 2 | 2 |
| The | number ofemployees whose remuneration |
number ofemployees whose remuneration |
for the year fell within the following | bands, were: | bands, were: |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| No. | No. | ||||
| f70,000to K79,999 | 1 | 1 | |||
| 1 | 1 | ||||
| 9. | TANGIBLE FIXEDASSETS | ||||
| Equipment | |||||
| COST | |||||
| At 1 October 2021 |
31,122 | ||||
| Additions | |||||
| At 30September 2022 | 31,122 | ||||
| DEPRECIATION | |||||
| At 1 October 2021 |
29/81 | ||||
| Charge for the year | 435 | ||||
| At 30September 2022 | 29,816 | ||||
| NET BOOK VALUE | |||||
| At 30September 2022 | 1/06 | ||||
| At 30 September 2021 | 1,741 | ||||
| 10. | CREDITORS: Amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| Other Taxation and Social | Security | 3,938 | 3,739 | ||
| Other Creditors and Accruals | 68,571 | 5,432 | |||
| 72,509 | 9,171 |
| JNRES | TRICTED INCOME | FUNDS | ||
|---|---|---|---|---|
| Balance at | Outgoing | Balance at | ||
| 1Oct 2021 | resources | 30Sep 2022 | ||
| General | Funds | 405,739 | (135,097) | 270,642 |
| 2022 | 2021 | ||
|---|---|---|---|
| Surplus/(deficit) for the year |
(165,097) | 266,289 | |
| Add back depreciation charge |
435 | 580 | |
| Movements in workin ca ital |
|||
| Decrease/(Increase) in debtors |
19,418 | (7,981) | |
| Increase/(decrease) in creditors |
63/38 | (5,213) | |
| Cash (absorbed by)/generated |
from operations | ~81,906 | 253,675 |