F.AC.T. (Frtendshlp and Carin8 TNst) Umlted Camp•ny Limited by Guarnntee nt of Fln•rtl•l Artl¥ltles IlTrcludln8 Ineome and expendlture a¢ dsulfied under h•adln8s of th• 5tatem•nt of tlnanclal acti¥ltles to which - elwdlture￿ r arti¥trle& and the lunds includes the ￿St5 ol all fundraising activltlos. •vonts. rA)nth3rlrable tr•dln8 of donaled 80ods. • eX[￿ldI1uffe on ttib lurthef its chxitable relatln8 to ihe 8o*r ble actl¥StieJ Indudes •ll ¢osts incurred by • tharlty in yrtOertskinB Xti¥itles th¥t ims f¢r the bert¢fit of Its beftefic4nes, Includlna those supporr CO5￿ and co515 nce ol the charity apportioned to thirltable ¥rtlvltles. . olher txpendlturé i f its expefidilure udes all expendlture that Is neithw related to ralsln6 lun(ts lor the charlty nor part All Costs a￿ all4cattd attrfbui•ble to • sir41 beiween the acll¥itie5 o exrmdityre cate8orles reflectln8 the use of the resource. Dlr•¢t costs rtivSty afe allocated directty to that aciivlty, 5hareil costs are apportioned hey contribuie to on a reasonable. juslifiable and consistent basis. fJ4.C.T. {Frl•ndshlp •nd C•rln8Trusi) Umited Comyny Lirnlled bv Gu•r•ntee Notè> lo the An•nel¥l Ststefflents (contlnued) Y¢ar ended 31 Ortober 2022 Tan￿ble assets Flxed 4uets {ex¢￿dIfie 1 vestmentsl are stated at c¢st less attumujated oepredatlon. O•pred•lloh Oepreclatlon Is ￿lEy14t the useful econwilc lff $0 as to write off the cost Of valuatlon of an asset, less its resldual ￿lUe, over of that asset as folkws: Property 2% 5tral8ht Ilne - 2% srrawi Ilhe 15% 5tra*ht line - 20% redudnl balance Leasehold lrnprovemé Flxtuies and fitt•i85 Molor Vehlcles Umiied by waeafj S,A.C.T (FrlendSthIP not hav• a shaf• capit Carlng Trust) Umlted is a cgmpony Ilmited by 8uar•nt•• 4nd accordlngly does Every memDer of ¢hè £1 lo the assets of the or wlthln one year aft mpany undtrt•ke> lo ¢onirlbute such amount as rnay b• r￿Ul[￿o not •xcoedln8 arllable company In the evefil ol Its be￿ wound up whlle he or she is 8 membef, he ￿ She ceasts to b¢ a member. 5. Don•tloM and l¥ Unrestdcted Funds Restrkted Funds Total nds Oonatlons 4330 4,330 2021 Tolal Fuftds Unrestricted Fund¥ Resrrfcted Funds Donations 160CI FAC.T. IFrlthdshlp and Carkni ilffllted Comp•ny Lhnlted by Guarantee Nole5 to the fin•nrial Statements (vjntlnuedl Yew ended 31 Octobrr 1022 6. Charitable athSty 20 Total Irtsnds Unrt5trlcted Funds Restri(ted Funds IHE - Supportln8 P¢0 Western Health a S¢c' le 48.320 48320 I Care Tn•st 774,130 774UO S.H.>S.B. 172.266 172266 N.E.H.& 78,308 Plesldent State 8en•fft 93,IXrf) 99,Ix4) Other 7.076 51,969 60045 1.173,ICKJ 52,969 1,226,069 2021 Total Unrestiktéd Funds Restrltled Fufids NIH£ . Supportin8 P 1¢ 48.320 48,320 western Health & I Care Trust 64B.935 618.935 &H.S.S, 164,749 164,749 N.E.H.8. 73,199 73,199 Resldent State bendfit 92,465 91465 Other 16,484 79.601 94085 1.044,151 79.601 1.123,?S3 FAC.T. (Frlendshlp and Carln8Trurt} Urnlted mpanv Ltmlted by Guar•nté• Noles to th Fln•n¢Sal Statemefits lcontlnuedl Ye•r ond•d 31 Ortober 2022 ?. InTiestfftent Incomè 2022 Tot¥1 Funds Vnrestflrted Funds Aostricted Fund$ Bank Int¢re5t ietelvib 791 791 2021 Unrestrlcl•d Fuhds Restrirt4d Funds Funds 8ank Intw￿l rets1￿b 1.499 1,499 , Coit of ralslry d There were no costs In olved IA raisln8 donatlon$. FAC.T. (Frieftdshlp and Cartng Trust) Llffllted Company Ltmlted by auèranttt Aote5 t• the Finan¢kl Statements l¢ortlnued) Year ended 310ct(*¢v 2021 9. EMpendltur• ￿ th•r ble xil¥ltl 2022 Ufifestrlrted Fynds 2022 Rest￿ed Fund¢ 2022 TIAal luftth Slaff costs CaterlTh8 Personal Expense5 R*5. Ll8ht and He•1 786.579 40,013 13,218 57,471 22,059 17,447 7.Sl? 6,600 39,S03 10,673 54,821 1,055,901 42,181 8J,760 40.oij 13.218 65.2dO Z4,545 17.447 7.517 onts 7.769 1486 Ropalrs and M•kntwa Waste DiwosJI Motoi and Travel Aent - thoico Housin8 Depr•eiation Othef Expenses 39,503 ioffiyy 533 55,J54 52.969 1.108,870 2021 Unr￿tria F4n 2021 R•striCtQd Fufids 2021 T•tsl Iftds Staff c951S Catering Personal Expenses Me Ll8ht and H¢•t aeanlng Repairs and Maint Waste Pisposal Motoraftd Tra¥el Rent- Cholce Depreclalion Othef Expenses 735,484 33,221 lJ.3 42.103 26,514 13.942 6,5D4 6,604 38,727 26.801 50,813 994.148 52,466 200 787.950 13,421 13,375 42,102 41,132 13,942 6,504 ents IS.618 31,727 I6,￿1 11.317 62,130 79,601 &073.749 F.A.C.T. IFrl¢ndthW and Carlni Trurt) Umltod Company Umlied by Guarant Notes to the Financlal Stalerneffls Icontlnued) Year ended 31 Oct•b•r 2022 lth M•t lfteoffl• Net incorne is stated a chacgln&l (¢r•dftln81: 2Q22 2021 D•prec4atloA Df tanalbl Fees payable loi the a assets dil of thè financ1￿ statefftèTrts IOh73 L750 26,861 2,600 11. Staff costs Tho total staff costs an employee benefits for the repQrtl￿ peflod afe arialysed Is follows.. 2022 2021 Wage$ and 5alailes Sotlal s•turlty cosis, Penslcn Contr4butlohs 675.118 631.289 136,782 139,877 14160 16,784 828,760 787,9SO The a¥efl8e head ¢Ou egur¥ahnt effOJoyees l of Employees dufin8 the year was 27 (2021: 3SJ. The •vera8e nurnber of full.tlme urlni the yearls analy5ed as follows: lou No. 2021 Ilo. Head of Home Offic¢ Admintstrati4n C4r8 fvAan4•morf '. Carin8Staff & Oiivtt5 Auxlllary Staff is 22 27 35 No ¢mploye* rtre employee b•neflls of more than £60.000 durin8 Ihe yo¥r12021: Nil), The tharlty ¢offllnu Regulator, conlributi g undenak2 Its ¢)bli8ai¢ons under the auto.enrolement s¢heffie with thé Penslofi 3% of each quilifylng emplgyee's sal•ry. 12. Trustee refflun•r gft and exp¢n5es remun•ratlon or by the trustee5, her benefrts from employment with the charity or a related en￿ty were rttei¥ed No Trustee expen5•5 ave been incurred by the Charlty. F.A.C.T. (Irf￿dShlP and Carln8 TNst) LFmited Company Liffllted by Guar•nt¢• Not•s to the Ananclal Stalomenls {ontlnuodl Year ended 31 Ortob¢r 2022 IS. Tanzlbk flx*d Proport at Offlco Emtn & Land Sheebeg Improvemqnts Flxtures & Equipmollt Vehkles Tolal Cost IncludlnB adl ent lor Imparlment: At 31 Oct¢ber 2021 Addltlons DISP￿11 Impairment 42,000 421,550 50,000 9,7S6 285.438 53.965 852.953 11.264 81.SSO 81,SSO At 31 ortobor IDII 42,0(MI MO,OGO 59,756 ,946 53,96S 781,667 A￿UmUlated De9rècl tlon Al 310ctobei 2021 Charee for year D5sposals 40,800 6,81)0 12,ODO 1,195 281,214 1.022 45,687 379.701 1,656 10,673 Al 31 Ortober202a 47,600 lJ,195 282,136 47.343 390,374 Ilet ggok Valu• A131 Ocrober 2021 42.000 29144x1 46,S61 4,710 6121 392,293 At 31 October 2021 42,01)0 299,200 4,224 8,278 391,702 14.1)ebtois 2022 Xi21 Trade Debtors Other Debtors Prepayments SJa9 4.75Q 6.192 16.891 17,933 J6.159 5,978 40.070 FJ4.C.T. IFriendship ènd C•rln$Tfust> Llmlt¢d Company iimltéd by Guaran￿ Notes lo Ihe Flnanclal stateTh￿￿¢S l¢onilnuedl Yeai ended 31 Qrt•ber 2022 IS. Credltors 2021 Trade CredllOIS Acu•Jals and defeffld Olhel credltofs 20,797 18585 29.648 SO,1X￿ S0,WJ 87.363 100,445 ncorne 16. An￿vIl5 01 ¢h•dt• •fvnd> Unr•strl¢i*d l¥nds fjalns and Tr•￿111$ 10$5•5 Ati Hov 21 Alll oaiz Income Expenditum General Funds 719.478 1.178,221 1,055,901 1,798 O*$wat•d r•s•rve 285,0(k) i.ci)4.478 1,178,221 L126,798 fteAflrt4d tsnds G•lni Ind A131 oazz Na¥ 21 Incorn• Ewndllure Transfff$ ftestrlrted Fund5 i 52.969 52,969 52,969 52,969 Oesl8nated reserve Is Costs. Thls Is a PTtsd*n Cancellatlon of ¢hadia eld as a contln8ent fund to co¥er 3 months of general overheads and funni esiimate to mafia8e extraordinary drcumslances Indudln8 the unwanned income. 17. Analysls ol het $ b•tweon fvnd$ Unrestrirt¢d Funds Restfkied Fun¢s Tot•1 Funds Tanslble fixed ¥*setl Cwrent assets Creditofs less ihan Creditor$ 8re•tor Ihb Nel assets 392.293 821,868 (87.363) 392.293 821,368 (87.363} i year 1,126,798 1,126,798 F.A.CT. (Frlendshlp •nd Cayln8TnbSt) L5mlted C•mp•ny Llmlted by Gyar•ntet hloles to the Flftanclal St*ternMts l¢ontlnuedl Year ended 31 Ortobér 2022 i& Reknted Party fv sacilon Some meffibers of I receive more favo eharity, the dir•rtols tr•nsartlorts with tlles trustees dose lamllles Use the fadlltles at 8arnlee Reldentlal Home. They do Iiot le rates than any other users. eeau5e of the sensltive nature of the •rtivltles of tht ve departed from rttommended prxtice and do not dlsclose the value of related parties In the financlal statements. F_A.C.T. Ltd Is • jolnt In the pursult ¢1 its th m•lnlalns ihe Resldbn Chok•. Total ￿lue bf n4éd partnership with Choice. Choice Is •n orq3nls•ilon wlih whlth 11 to.opoiates fitable oblectlrt. It pro¥ldes F.AC.T, Ltd wlth help and 8uldance, and Iwlll and ial Home from wh*1 the thirity op•fates. F.A.C.T. Ltd In turn reftt thls property fiom faTrs•¢¢i•ns in Ihe year WIS £39.50312021: £38,727). In prlor years. somei Charlty Shop In oértyii Lvganlsatlon Is ¢èll Interests of F.A.C.T. Lt Jokn ihe rernainin8 thr to the Corona Vlrus r the year end dale £0 ( no transartloni In th• mer dlrectors of F.LC.T. Ltd set up a ¢h•sit•ble oreaniutlon wllth operates a . Co. F•rmana8h. Thls was ¢reoted to help r•lse funds loi Ihe m￿le. Thls choriiable arnlee Crafts and Actl¥ltk& As Ihe work of the thatity shop Is so closety related to th• . the dedslon taken lof the Merrtb&s of thq bo•rd ol trustees of F.A.C.T. Ltd ID in Barhlee C¢•fts a14d Aet•vrties to a￿l$t h¢1 In her dutles. On 16 Malth 2020 due rl¢tlons, Ihe thar4ty shop closed lemp￿a￿lly, bul slnco fe•opened in June 2021. At 021: £0) was due to F.A.C.T. Lld from Barnlee Crafts and Act4vltle$ and théfe wert 12021: £0).