2022-03-31-accounts - React

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		Unrestricted	Restricted	Endowment	Designated	Total
	Notes	Funds	Funds	Funds	Funds	Funds	2021
		£	£	£		£	£
Fixed Assets
Tangible Assets	8	`8,650`				8,650	10,603
Investments	7	`82,349`		`350,910`		433,259	458,763
Total Fixed Assets		`90,999`		`350,910`		441,909	469,366
Current Assets
Debtors & prepayments	9	427				427	396
Cash at Bank		`348,619`	14,913		`16,190`	`379,722`	`382,659`
Total Current Assets		`349,046`	14,913		`16,190`	`380,149`	`383,055`
Liabilities
Creditors due within one year	10	7,440				7,440	9,209
Net current assets		341,606	14,913		16,190	372,709	843,212
Net Assets		432,605	14,913	350,910	16,190	814,618	843,212
The funds of the charity	12
Unrestricted income funds		432,605				432,605	429,180
Designated funds					16,190	16,190	33,075
Restricted income funds			14,913			14,913	20,837
Endowment funds						350,910	350,910 360,120
Total charity funds		`432,605`	`14,913`	`350,910`	`16,190`	`814,618`	`843,212`

		Unrestricted Funds	Restricted Funds	Designated	Endowment
		Unrestricted	Restricted	Expendable	Designated
		Funds	Funds	Endowment	Funds	Total	Total
		£	£	£	£	£	2021
Income from:							£
Donations and gifts		267,389	320,542			`587,931`	615,153
Legacies		5,100				`5,100`
		272.489	320,542			`593,031`	615,153
Investment income		247				247	240
Exceptional items	`2`						`(1,296)`
Funding events
Total income		`272,736`	`320,542`			`593,278`	`614,097`
Expenditure on:
Cost of raising funds		14,212	15,796		`16,885`	46,893	48,530
Charitable activities		288,803	310,670			599,473	621,245
Total expenditure		`303,015`	`326,466`		`16,885`	`646,366`	`669,775`
Surplus/fdeficit)		(30,279)	(5,924)		(16,885)	(53,088)	(55,678)
Net gains/ (losses) on
investment assets		`5,705`		`18,789`		`24,494`	`103,399`
Net movement in funds		`(24,574)`	(5.924)	`18,789`	(16,885)	`(28,594)`	`47,721`
Transfer between reserves		27,999		(27,999)
Total funds brought forward		429.180	20,837	360.120	33.075	843,212	795,491
Total funds carried forward		432,605	14.913	350,910	16,190	814,618	843,212

	2022	2021
		£
Cash flows from operating activities
Cash(absorbed) by operations	(2,937)	(33,842)
Investing activities
Purchase of assets	1,815	7,192
Proceeds on sale of assets	100,000
Net cash (used by)/generated from investing activities	98,878	(26,650)
Financing activities	(123,966)
Net cash generated from financing activities
Net increase in cash and cash equivalent	(25,088)	(26,650)
Cash and cash equivalents at the beginning of the year	382,659	416,501
Cash and cash equivalents at the end of the year	379,485	382,659
Cash generated from operations
(Deficit)ZSurplus for the year	(55,088)	(55,678)
Adjustments for:
Investment income recognised in the profit and loss
Depreciation	3,768	4,263
Gain on disposals of investments	24,494
Fair value losses on impairments
Movement in working capital:
Decrease/(increase) in trade and other receivables	(31)	38,998
(Decrease)Zincrease in trade and other payables	1,769	(14,233)
Cash absorbed by operations	(25,088)	(26,650)

2. Exceptional items	Donations and Gifts	Donations and Gifts
	2022	2021
	£	£
(a) Furlough receipts		12,704
(b) Shortfall in legacy receipt		(14,000)
		(1,296)

		Unrestricted/	Unrestricted/
		Designated	Funds	Restricted	Funds	Total
		2022	2021	2022	2021	2022	2021
	`(Note)`	£	£	£	£	£	£
Public Relations & fundraising		17,657	335		335	17,657	670
Support costs		13,439	26,914	`15,796`	20,946	29,235	47,860
Governance Costs	`5`
		`31,096`	`27,249`	`15,796`	`21,281`	`46,892`	`48,530`

4. Charitable Activities
	2022	2021
	£	£
Educational & Specialist Equipment	`187,719`	`175,958`
Safety & Hygiene Equipment	`89,171`	`106,770`
Mobile Home Holidays	`32,522`	`19,766`
Funeral Expenses	`14,222`	`10,737`
Travel & Subsistence	`8,613`	`3,089`
Direct Charitable Expenditure	`332,247`	`316,320`
Support costs	`267,226`	`296,645`
Total Charitable Expenditure	599,473	621,245

5a. Net Incoming Resources
Net Income Resources for the year is stated after charging:	2022	2021
	£	£
Depreciation	3,768	4,263
Auditors remuneration	3,160	8,280
6. Trustees & employees information

	2022	2021
	£	£
Trustees Meeting Costs
Trustees expenses reimbursed	334
	334
	2022	2021
b) Employee costs during the year were:	£	£
Salaries	229,388	248,989
Social security costs	20,139	23,153
Pension costs	5,824	6,710
	255,351	278,852
1 employee earning between £60,000-£69,999 (2021/2022)
	2022	2021
The average number of persons employed during the year
Full time equivalent	6	7
7. Investments	2021	2020
	£	£
	432,538	458,763

Movements in non-current investments
	Unrestricted	Endowment
Cost or valuation	Funds	Fund	Total
	£	£	£
At 1st April 2021	98,644	360,120	458,763
Net additions
Valuation Change	3,705	70,070	73,775
Disposals	(20,000)	(80,000)	(100,000)
At 31st March 2022	82,349	350,190	432,538
Carrying Amount
At 31st March 2022			432,538
At 31st March 2021			458,763
The investments held with the Charities Aid Foundation at the year end consists of -
		2022	2021
		No.of units	No.of units
CAF- Balanced Growth Fund		51,977	64,267

8. Fixed Assets
Cost		£		`£`		`£`
As at 1st April 2021		153,198		`14,712`		`167,910`
Additions				`1,815`		`1,815`
		153,198		`16,527`		`169,725`
Depreciation
As at 1st April 2021		148,460		8,847		157,307
Charge for the year		2,571		1,197		3,768
		151,031		10,044		161,075
Net Book Value
As at 31st March 2022		`2,167`		`6,483`		`8,650`
As at 31st March 2021		`4,738`		`5,865`		`10,603`
9. Debtors				`2022`		`2021`
				`£`		`£`
Prepayments				`427`		`396`
				`395`		`396`
10. Creditors: amounts falling due within		the year
				`2022`		2021
				`£`		£
Accruals & Sundry creditors				`7,440`		9,210
11. Operating Lease Commitments
As at 31st March 2022 React had	the following operating		lease commitments:-
				`2022`		2021
				`£`		£
Office Lease
Within 1 year				1,353		4,482
2-5 years						1,353
5+ years
12. Analysis of charitable funds
Analysis of fund movements	Fund b/fwd	Income	Expenditure	Gains and Losses	Transfers	Fund c/fwd
	£	£	£	£		£
a) Unrestricted Funds	`429,180`	272,736	(303,015)	5,705	27,999	432,605
b) Restricted Funds	`20,837`	`320,542`	`(326,466)`			`14,913`
`c)` Expendable Endowment Funds	`360,120`			`18,789`	`(27,999)`	`350,910`
d) Designated Funds	33,075		`(16,885)`			`16,190`
Total	843,212	593,278	(646,366)	24,494		814,618

	Unrestricted Funds	Restricted Funds	Expendable Endowment Fund	Designated Funds	Total
						Total Funds
						2021
	£	£	£	£	£	£
Income from:
Donations and gifts	`267,389`	320,542				615.153
Legacies	`5,100`				`5,100`
	`272,489`	320,542			`593,031`	615,153
Investment income	247				247	240
Exceptional items						(1,296)
Funding events and other
Total income	272,736	320.542			593,278	614,097
Expenditure on:
Cost of raising funds	14,212	15,796		16,885	46,893	48,530
Charitable activities	288,803	310,670			599,473	621,245
Investment costs
Total expenditure	`303,015`	`326,466`		`16,885`	`646,366`	`669,775`
Net gains/ (losses) on
investment assets	`5,705`		`18,789`		`24,494`	`103,399`
Net movement in funds	`(24,574)`	`(5.924)`	`18.789`	`(16,885)`	`(28,594)`	`47,721`
Transfer between reserves	27,999		(27,999)
Total funds brought forward	429,180	20,837	360,120	33,075	843,212	795.491
Total funds carried forward	432,605	14,913	350,910	16,190	814,618	843,212