2023-03-31-accounts

Reference and Administrative Details	1
Trustees' Report	2 to 5
Independent Examiner's Report	6
Statement o f Financial Activities	7
Balance Sheet	8
Notes to the Financial Statements	9 to 16

Trustees:	Mr	L A Watson
	Mr	J Pyle
	Ms	N Pallier
	Mr	D C Wall
	Mr	L J O'Brien
	Ms	A M Carty
	Ms	S Wilson
	Mr	J Gormley

		Unrestricted	Restricted	Total
		funds	funds	2023
	Note	£	£	£
Income and Endowments from:
Charitable activities	3	31,368	42,649	74,017
Investment income	4	221	−	221
Total income		31,589	42,649	74,238
Expenditure on:
Charitable activities	5	(45,338)	(41,449)	(86,787)
Total expenditure		(45,338)	(41,449)	(86,787)
Net (expenditure)/income		(13,749)	1,200	(12,549)
Net movement in funds		(13,749)	1,200	(12,549)
Reconciliation o f funds
Total funds brought forward		78,607		78,607
Total funds carried forward	14	64,858	1,200	66,058
		Unrestricted	Restricted	Total
		funds	funds	2022
	Note	£	£	£
Income and Endowments from:
Charitable activities	3	47,948	35,620	83,568
Investment income	4	5	−	5
Total income		47,953	35,620	83,573
Expenditure on:
Charitable activities	5	(31,969)	(35,620)	(67,589)
Total expenditure		(31,969)	(35,620)	(67,589)
Net income		15,984		15,984
Net movement in funds		15,984		15,984
Reconciliation o f funds
Total funds brought forward		62,623		62,623
Total funds carried forward	14	78,607		78,607

		2023	2022
	Note
Fixed assets
Tangible assets	10	10,111	9,136
Current assets
Debtors	11	11,160	21,071
Cash at bank and in hand	12	56,740	57,775
		67,900	78,846
Creditors: Amounts falling due within one year	13	(11,953)	(9,375)
Net current assets		55,947	69,471
Net assets		66,058	78,607
Funds o f the charity:
Restricted income funds
Restricted funds		1,200
Unrestricted income funds
Unrestricted funds		64,858	78,607
Total funds	14	66,058	78,607

		Unrestricted
		funds	Restricted	Total
		General	funds	funds
		31,368	42,649	74,017
Total for 2023		31,368	42,649	74,017
Total for 2022		47,948	35,620	83,568
4	Investment income
			Unrestricted
			funds	Total
			General	funds
Interest receivable and similar income;
	Interest receivable on bank deposits		221	221
			.
Total for 2023			221	221
Total for 2022			5	5

		Unrestricted
		funds	Restricted	Total
		General	funds	funds
	Note
Depreciation, amortisation and other
similar costs		3,370		3,370
Staff costs		16,547	27,744	44,291
Other support costs		22,001	13,705	35,706
Governance costs	6	3,420		3,420
Total for 2023		45,338	41,449	86,787
Total for 2022		31,969	35,620	67,589

	Unrestricted
	funds	Total
	General	funds
Independent examiner fees
Examination o f the financial statements	3,420	3,420
Total for 2023	3,420	3,420
Total for 2022	3,826	3,826
7 Net incoming/outgoing resources
Net (outgoing)/incoming resources for the year include:
	2023	2022
Depreciation o f fixed assets	3,370	3,045

	2023	2022
Staffcosts during the year were:
Wages and salaries	43,091	29,600
Pension costs	1,200	1,200
	44,291	30,800

	2023		2022
	No		No
Staff		4		3
No employee received emoluments o f more than £60,000 during the year.

10 Tangible fixed assets
	Furniture and
	equipment	Total
Cost
At 1 April 2022	83,517	83,517
Additions	4,345	4,345
At 31 March 2023	87,862	87,862
Depreciation
At 1 April 2022	74,381	74,381
Charge for the year	3,370	3,370
At 31 March 2023	77,751	77,751
Net book value
At 31 March 2023	10,111	10,111
At 31 March 2022	9,136	9,136

11 Debtors
	2023	2022
	£	£
Trade debtors	11,160	21,071
12 Cash and cash equivalents
	2023	2022
	£	£
Cash at bank	56,740	57,775
13 Creditors: amounts falling due within one year
	2023	2022
	£	£
Trade creditors	4,016	2,996
Other taxation and social security	2,858	2,137
Other creditors	2,079	1,485
Accruals	3,000	2,757
	11,953	9,375

14 Funds
	Balance at 1		Incoming		Resources	Balance at 31
	**April **	2022	resources		expended	**March **	2023
	£		£		£	£
Unrestricted funds
General Fund		78,607	31,589		(45,338)	64,858
Restricted funds
European Union Erasmus+
Programme			27,744		(27,744)
The Mustard Tree Foundation			10,000		(10,000)
Oxfordshire Community
Foundation			4,905		(3,705)		1,200
			42,649		(41,449)		1,200
Total funds		78,607	74,238		(86,787)	66,058
	Balance at 1		Incoming		Resources	Balance at 31
	**April **	2021	resources		expended	**March **	2022
	£		£		£	£
Unrestricted funds
General
General Fund		62,623	47,953		(31,969)	78,607
Restricted funds
European Union Erasmus+
Programme			20,620		(20,620)
Reading Borough Council			11,560		(11,560)
Arts Council			3,440		(3,440)
			35,620		(35,620)		−
Total funds		62,623	83,573		(67,589)	78,607
				.

15 Analysis o f net assets between fund	s
	Unrestricted		Total funds at
	funds	Restricted	31 March
	General	funds	2023
	£	£	£
Tangible fixed assets	10,111		10,111
Current assets	66,700	1,200	67,900
Current liabilities	(11,953)		(11,953)
Total net assets	64,858	1,200	66,058
		Unrestricted	Total funds at
		funds	31 March
		General	2022
Tangible fixed assets		9,136	9,136
Current assets		78,846	78,846
Current liabilities		(9,375)	(9,375)
Total net assets		78,607	78,607