Financial Statements Bt}rson Chaiitable Group For the year ended 31 March 2023 Registered number: N1001319 Charity number: NIC101396 Bryson Charitable Group (A company limlted by guarantee) Contents Page Reference anfl administrative details ol the Charityi Its Trustees and advisers Trusteès. report 2-11 Independent auditors. report on the financial statements 12-16 Consolidated statement of financial activities 17 Consolidatèd balance sheet 18 Charity balance sheet 19 Consoltdated statement of cash flows 20 Notes to thè financial S&ateFnent5 21-52 Bryson Charitable Group (A company limltÈd by guarantee) Reference and administratlve details of tho Charity, its Trustees and advisers For the year ended 31 March 2023 Trustee5 D TOr￿n5. Chair (resigned 31 Marth 2023) P Elliott. Chair S CurrAgh. Hon. Treasurer L Brown (reSi￿¢d 30 June 2023) E Joudeth W Frdncey (resigned 31 M￿ch 2023) N Quigley (appointed l August 2023) D Hughes (2ppointcd l April ?023) J Houston (resigned 30 Scptember 2023) N Meier D Bakcr (appointed l August 20￿) Company reglstered number N1001319 Charity re915tered number NIC101396 Reglstered offlce 2 Rivers Edge 13_li Rxvenhill Road BelE2St Co. Anttim BT6 8DN Independent auditors Grant Thornton (Nl) LLP CharteIed Accountants & Statu%tory Auditor 12 _ 15 Donega]I Sq￿￿e West Beifa5t BTI 6JH Bankers AIB 11- 15 Donegall Squ2re Notth Belfxst BT15JA Solicitors Tughans Marlborough Street 30 Victoria Strcet Belfast BTI 3GG Bryson Charitable Group IA company limited by guarantee) Trustees. annual report Forthe year ended 31 March 2023 Key Management Personnel Cliief Execuuve Officer CliieF Financial OEFicer Direct()r OF HR Director OE Recycling Interim Dirccior c)ERecycling Dircctor OF Carc Director OF EAerg)' Direcror OF Bu5incss Dcvelopmcnt Shttne LugThn TNlo}ra Johnston Clare Doran (rLsigned 31 Augusr ?023) Eric R•nd*ll (rc.signed 30 Sepiember 20?3) I Plotcction and improvanent of the physicd and naturaL environmenL AND without pIcjudice to the gen￿￿iry of thc foiegoing other chatitable purp05as, Eor the benefit ofthe public As the Ttustces may from tirnc to time decide. Thc purposes of Bryson as an orgatLtsation are charitable, as they fall under the 2pprov¢d purposes, as ]isted in the Ch￿IlleS Act (NoIthcrn Irdand) 2008. specifi¢2lly'. The relief of those in need. Th¢ prcvenuon or Ieiief ofpovcrty; The adv2ncem¢nt of health. Thc Advancement of eovironmcat3J protcction or improvement. The 2dvancem¢nt of education. The 2dvanccrncnt of citizenship or community development. The advancement of human righrs. confiict resolution or reconciliation or the promotion of religious or raci0J harmony or equality and diversiry. Services wete delivered tbrough three subsid(8rics, ttvo charirable and one trading company. These ivere 25 follow8: Ch￿1t#ble Subsidiary CompAnies: l. Bryson c￿e- service5 to families and older people. 2. Bryson Ener81'_ providing leadership, advicc, 5uppott and instsllauon of energy saving rne25Utes in homes, tacking fuel poverry and hdping to reduce energy costs for householders. Promoting 2ctive livingi health and well_being in ioncr cirjp communiues. Providing employment #ad tr9ining initiatives to young adults and those living with long-tenn unemployment. Subsidiary Social Enterprise Trading Company: l. Bry'50n Rec}'cltng- providing kerbside recydtng setvllces, civic amenitS' Sites, miteriajs recycling fRcilities and commCrci￿ recycling collections. Achlevemenls and perfonnance The 12 month5 petiod to 31st March 2023 Thc Group cmbarked on the third year of its 5-year strategy and proacuvely dclivcred sentices &nd in emergency rcsponsc to over 60.000 diencs and Iecyding services to over 300.000 households. over achieving its 5 ye21 planned t#rgets. Bryson Care has piovided expert care and support to vulnerable peopl¢ for over 100 years. IncoLTrorated in 2011, and a subsidiary withj'n Bryson Charitable Group, it provides a diverse range of services to those in need including the folloiving.. Hornc-ba5ed person2L cate for vulnerable adults. Horne based Fatnily support services to cbildren and young people their caregivers. Advocacy support for adults with leatning difficulties and tbeit C2regtvers. Housing 5UPPOft For Irish Travelltts. Advice and support to those sccking Asylum and Refijge. Practice learning for 5wdent social workers. A new communiti'_bAscd piLot'Thtiving Communiues, and Emergency response to the c05t of fud crisis Bryson Charitable Group IA company limited by guarantee) Trustees. annual Teport (continued) Forthe year ended 31 March 2023 OIFer the course of the 12-moAth pcriod to 31st M2rch 2023, Bryson C8LC has ekpcrienced a l'ear of Eurth ionovHuon and 50Lid groivdi. In xddiuon to thc dcliver). OF oiir longstanding high-qualiry. 5ervice5 to FAmilic5 flnd children Linder sttcss. vuincrfLble 11 dults. rcsertlcd rcfugees, xnd pracuce lcarnin￿ opporiuniucs for professional Social ivork Students we continued to develop communit). innoi'ations and growth. A succcssful rccruirincnr driiic enabled us to support more householLls icia a richer skill mix to our cornmunit) teitns. B}1 way OE example of rhis 5UCCCS5. wc 8chicvtLI: A 4011/n Lyroivrh in thc provision OF our iveel,-ly rapid hospirtl discliarge liours (RASP) Recognition for a high stand%rd of practice rcprcscnting Ihe rights OE thosc with a Icarning disability from the Public Inquir). Panel investigLting Muckamorc Abbey l-Iospir21. Two 2dditional As)ylum Adiricc Advisors to support an 18.90/0 growrh in the numbers of i'ulnerible people scekingF asylum in Northern Irclind. The deiiver5p OF a icgionai suppoit tcspon.8c co proiride essenri21 cmergenc). funds to di%placed Ukrainians ai-riiTingi hci'c Ei-om thcir homclind. An urgcnr renewed emergency cost nf liiying re.sponse to fininciailj support A further 13.ili hou%ehold% in grcatcst nccd. A neil- crisi8 intenFentichn n)Ddel ro conncct rhosc ivith oiigoing iiecds iViEli our 11001 CaLise' resoiirces, inclLidin,¥ t11e proi'ision of OLlI' CO8t-ot-liN"in.g iiiitiiUi'c- sU.%t4inible 'Hcl1 Irhlr FLiriii-e8'. Inn()IT&1lll'L mi)dcls ()t ig?ingT Mrell are being* cxplc)rLd ii-irh c(1SlLagnic's in tlic NL Ctli¢rl&ncls. Bryson Energy Ov¢L die coui.%e OF the l?_month period ro 31 st bl?rch 20?3, the Charity h*s continued co d¢lii'¢r piogtamitte outpuis aciosf NL orrhern Irelind in 2 niimber of aLeis: Skills Based Ttaining The chaiit), hA5 continued to detiver l 2,500 hou5ehold5 through training* cmploymen¢ energy cfFicicncy and family suppott. Bryson Recycling Over thc 2022/23 year. the orga￿$&u0tt has been building and strengthening relationships with Councijs outside Northern Treland including established contracts in ROI ana W￿¢S. This is an are% which Bryson Recyclingy is constantiST investing in due to thc substanual role th*t reuse can pla} io achieving Substanti￿ social cnvitonmentai bencfits through the ptovision 0£ training ￿ld cmployment oppottuniues, access to loiv cost qugjiry goods. and betttt te50urce use. Over the course of the financigl year. Bryson Recyclin%. Collected recycling materials Erom 165k housu actoss Northun Ireland. Setyiced approximttteiy 250k hou5¢s through its material rccyclts4 facility in Mallusk. Serviccd 22.000 houses with residuAi and blue bin waste collections in Antrim. Provided a subsctiption gatden wast¢ ¢ollcction in Wales to 52k households. Serviced over 58k houses 2t irs 8 household tecyding cenrres (HRCs) in ROI Serviced over 91k houses at 5 HRCS in North Wilcs. Thi5 indudcs the establishment 0£ 2n additional 3 household recycling centr&% (HRC'S) in Denbigh5hire. Bryson Charitable Group (A company Ilmlted by guarantee) Trustees. annual report (conllnued) Forthe year ended 31 MarGh 2023 Thc dircccors consider thit t the following kcy pcrforivancc Andicarors are the most cffccuirc measurcs 10 evitU%Lie the perforniance OF the busin¢s5'. Turnover £20,191.6C)6 (2022.. £18,466.75D. Shareholder5. funds £4,678.872 (2022.. £4,067,14il 2nd cmploycc nLLtnbcr5 339 (2022: 33?). The high coninioditi, prices and budgei controls resulted in a year end prc-t2x surplus OE £1,821,843 compared ivith £'1.604,i91 in the prior s'eAr. The Or￿nisation continue5 to drive forw2Ld iviih rcpoited management iccount5 in 2023124 shoivin¥ a pusiuve trnjeciory a5 a result of conunued streamlirrinbr of operauons. and strong comjnodiry priccs. Bryson Rcc)'cling also conunucs to work with man}T StaliclioldeTs icross die UIC in order to encourage bodi innovRtion and cost savings in their appro￿¢ h to wastc mana￿rn¢nt including local councils and l)ouseholds. FinLinci'al reviexv ind resiilcs for tlie yeeAr stritegi,. It Ivis inother succcs5ful )'car in ivhich the Ch2d ri¢)T oircr Ichieiyed on thc oiiginAI S yc1r pl¢in fLnd hiipc rcscr on 1 nciv 3 }'cAr ambitiOU5 t2rget for the period 2024 to 2026. Reach h1b eiccc£lL¢l tlic 21)25 r¢irMYct ivith oi"'cr Gli,000 pcoplc hclpcd lid oi'ci 300.000 hoines seri'cLI bi Reci'clin.4. QuAlity and Safety remAined strong A5 cvidcnccd by p05iuve cxternttl sciutiny (including RQIA. ETI, FISE, ISOS. exiernal and irLteinéil %udit) Cash &t £5.7m continued to sttengthen with ￿ group companics. cosh p051UV The Sutpliis of £1.5ni Ivas 5ikTtLificantl>' ahead OF targyeL and all companies are tridinb profitably. All profirs are re- invcst¢d For the bcncfit of the people the ch2riiy 5ervcs. Turnover increised b}1 incrvdsed by £6.9m (19.20/n) to £42_7m The highlights of the Jpear atso include.. Emergenci. re￿erprOV{ded to over 60.000 people ia financial di.8tre8s Ovcr 20,000 pcoplc helpcd in 3ddressing rhe root Causes of diFfLculry to maximisc individu2] potcrLti2] All three subsidiaries grew reach, improved quality and returned a sutplus AU t￿ce subsidiatics are noiv dcbt free ivith strongcr b9JaAce sheets and cash b￿anCeS Over £4.5m new funding secured to help those in greotcst need Full )'¢ar impact ol acquisiuon oFDenbigh Household Recycling Centses rull ycar impact Play Resource (arr5 chgritST and w&ste rcc)'cling to 2fts Ma￿ti21￿) and acquisition of Pathway4 in Bryson Energs, Leading role in thc arrivAI of UL-rainiAn ReEugees Appointment of a ChielFin1nc¢ OFficer h75 gready cnhgjiced the Financc Tcam's conttibution to Bry50n Recruitment of 5 new Tw5tee5 across 4 board5 International bcsr pr&cUce visits to Los Angeles, GB and Irelond The rapid achievement of the 5_ye2r goals in Eiorn 2020 to 2023 has necessitated the creauon OE a new strategy beforc thc 2024 through to 2026. Bryson Charitable Group (A company limlted by guarantee) Trustees, annual report (contlnued) For the year ended 31 March 2023 Income and Expenditure Account The 'StAtement 0£ Recommendcd Pr&lctice' (SORP) for ch2rities requires t¢5tricted income to be tccognized the ycar in which it is receivcd and any un5pcnt income then ttansferred to 2 restricted fund to cover 2ppropriatc fundtng eXpendi￿rC. Thts can cAuse large fluctu2tion5 in tecordcd 'nct incorniiig / outgoing rcsourcc5' on the Statcmcnt of Financial Acuvities (SOFA). This annual report has becn prepaied on thxt bASiS. Govetnlng Document Bryson Charitable Gtoup is a compan), Limitcd by guarantee governed by its Memor2Adum and Artides OE Association. The Trustees act within thc powers outh.ncd in thc Charitys Memorandum xnd Aiticles 0£ Associ2tion. Br)150n ChftritsLble Gioup is a registered charity ivith the Charities Comtnission for Northcrn Irdand. Sttucmre Bryson h2$ developcd its corporite structure to consist of the patent chxrit). providing mAnagement suppoIt. govemance and essenu21 ptO8f3ms and funding. There are 3 subsidixries.. BrI￿On Care, Bryson Encrgy and Bry50n RecycIing. Care and Energy are charities" Recyclsng is a trgding soci9J enterptise. Governance and Management The B02td oFTrnstees is responsible for the over￿1 governance of the Charity. Trust¢cs are ¢ither dertcd or co-opttd and the number of TNst¢C5 may not cxcccd 15. Elected Trustees may serve two terms of 4 }pears. with an option of cxtcnsion in exception2t circutnst2oce5. EfFective partner5htp b¢nv¢en the TtustCC5 2nd BryTon' Exccutive Team COAtinue$ to deiivcr the orgarLiS4tions obj¢cuves. A Statement of Resetved Matters is io place which Iecord5 the powers which are exclusive to the Board of Trustees and proiTid¢s a clear Eramework for the distinction beNveen Board governance and the executive management control placed on the Chief Executive and his S¢nior Manwrnent Team. Ttustees mcct on at least a quarterly basis to Ieview strategy, operationa] pcrformance And Financial perEormancL The B02Td OE Tru5tee5 reviews its own performantt 2nd the performance of individual Trustees on an 2nnual basis and takes any ne¢ess2ry sr¢ps to en$￿e both continue ro Ivork iv￿. Each OE the Tnjstees, being the members of Bryson. have guaranteed to contribute to the issets OE Bryson in the event of same being wound up to the extent of £0.50. Appointment of Trustees: The Governance snd Nosninatioo5 Cornmittee lead5 the process Eor appointments to the Bogrd. New T￿￿te¢S are rccruitcd on the relevaocc of their profcssion31 skiU5 and their potcntial to bc able to make a hclpfuL contribution to the governance of the charity. As part OE the recruitment ptocess they are madc xwarc OE TIu5tees' legal ob]igAtsons undcr chariry and company IAW, thc contcnt OF the Memorandum and Artides of Associ74tion. the Board and decision mxking processes, the business plan 2nd te¢ent fmaftciaj performance of the charity. Once th¢ pot¢ntial new Trustee has Agreed to be considered for appointment to the role, the Trustees meet to rcview and to vote on the cAndidates' 5Uitabitity fot the appointment. IFthere is unanimous agreemcnl their natnes are then proposed for appoiotsnent. Tntyt¢es are then inducted and trained by thc Gtoup Chicf Executive ond Senior an¥Lgcmcnt. The Ttustres d¢legatc the exuci5c of ccrtvin power5 An connection with the manAgcment xnd admintsttxtion as set out below. This 15 controlled by requiring Icgu]ar repotung to the board from rhc variou5 Cornmittces. so that all decisions. made under deLe￿ted pOw￿s, be mnsidered 2nd ratified by the B02rd in due course. Bryson Charitable Group (A company limlted by guarantee) Trustees. annual report {continued} Forthe year ended 31 March 2023 All Trustees gli'e of thcir cime Fteel}' 2nd no Trustee teceii7ed remunerxtion in the )iear. Conunuing thc devclopment OE a modd which delipers good goirerngLnce iemiins our prioriry And driircs ?gi]iry into the decision-m1king PLOCC5ses. In linc wilh thi5 objcctive, cach BoArd Along ivith thc Group iloi& rd xnnuWLUI' retTielV their P￿For1n1nCe. idcnufy skill dcfjcirs And seek to refresh XEid ittsllct n￿V sLills to Bold rd5. To SLlPPOrt good governAllcL 2nd independent ovcrsight, thc Group Bo2rd ivorLs through thc c5tabiishccl sub-commirtecs ihieh includc the Goicrnancc & Nominfttions Cominirtee. the Rcinunetauon Colnmittee, the Investincnt Committee. Ind Brj'son's Exccuuvc Tcam. Gove£nonce and Nominations Committee: Thc Governance 4ind Nominauons Committee ¢ornprises Trustees 2nd other advisors who are independent of the man1grctnent ind free of any relauonship. Ivmch in the opinion OE the Board. Ivould interfere ivith thc eiereise of independent judbyement as niember& of tlie Commitiee. Tlie Cummitree ivFllch rnccts at least bi- Innu2ll!,. but a150 wlien deemed appropriatc, is responsible for thc sclcction, indllcuon and trainingp OF TrLisie¢s and also the Manag￿men1 of Trustees. In idditiun, the Committee nittinlains dutiL5 for tlie ov¢rsi&rht and deirclapnieftr Df htovernance arNn&￿en7enrS including* the r￿lIe1V and updare of the &iL)irernince handbool-. tli¢ development ind implcnienrarion and iei'ieiv of gTQI'ernancc pri)ceduics and ivhen neces52L ry tlic r¢visicTrn OF the goirerning docLimcnts subjccr ¢0 the approval OF the membership. Thc Conimirtc¢ 0150 recommend the Group'8 genrral rcmunttrAtion policy for appry)vil b). the Board, 5Ct rTri¢ remllnerition I¢iTLIs for thc Chi¢F F.xecutive and DirLCtI)rs, Inc)nir(>r the Iciiel ind Structure of rcmuiiLrftti()n F()r senior fv18n1g￿eMrnt ind ippr(Jl-421 Df Seniiir laniigLmenr r¢niuncraii()n, rtti'iciv tIiL benchn)aiLing c)F saliiri¥s acr()ss IliL GriiLlI) iii line iFirli p(Ilic!', rec()minend c().Er (IF liiiing> increase for all sraFf c£) tlie BDard. Ind determine the p()lic)' For tlie sc()pe c?F p¢nsinn Ariangements. Investment Committee.. The Investment Committcc compriscs Tru5tcc.s and othcr advi.sors who arc indcpcndcnt of thc mi1nflgcment 2nd Ircc OE any relAtionship that in the opinion OF the Board would interfere with the exercise OF indepcndcnt judgcmcnt &% membcLS OE thc Comrnittec. Thc Cornmittec mcct8 ar Icast bi-aoniially. It is chstrged ivith rcvicwing thc str%teg)'. policy of Br}rson's investment portfolio and advLSLng the senior stAEF and Board ccordingly. Audit & Risk Committee: Tlie AudtL & Ri5L Committee comprise5 Trustees and other 2dvisors ivho are independent of the nianagement #nd free of any relationslyp thAt in the opinion of the Bozrd oFTru5tecs wovjd interftre ivith tlJe exercise OF independent judgement as menibers of the Committee. The Commitree rneet at least quarterly. It is responsible for risk asscssment, risk mAnagemeThr, internal control, m￿l2gement OE tbe relation8hip with internal 3nd extern21 auditor.% and advising thc Bu￿d 3ccoidingly. Executive Ditectors The Chief Execuuve and the Group Executive Te2m are responsible for the d#y-to-day maftagement of Bry50n's aFfair.8 2nd for implernenung policieF agreed b}. thc Board. Bry50n Charitable Group (A company limited by guarantee} Trustees, annual report (Gontinued) For the year ended 31 March 2023 Employees BrJFson 8irns to be An Org￿lS1U0n where emplo3.ees enjo)p A sensc of fulfdmcnt find whcrc the51 feel supported and dcvclopcd. BLTrson has proccdurcs both form212nd infonnal for consuIting ir5 Ctnployces and kceping them fully infotmed as Circumstanc￿ permit in 2U m3tter5 of conccrn to them. Bryson xttaches importAtLce to equality of opportuniry in employment iircspective of disabi]iry. EAce. ieligion or g¢nder. EtDployees are kept fully infoimcd about Its 5trAtcgy and objectives. a5 wcll as day-to-da}r new5 and events. Regulat informauon about the organi5auon is Avxilable through meeungs. briefings. 2nd the website. AJJ ¢mployccs are encouraged to giv¢ their suggestions and vicws on petfotmance and Are involved in thc dciiclopment of both Stra￿gY and objectives appropriate to their xrea OE ivork. A policy of rcuuitment md PiOTnotion on the basis of aptitude and 2biliry without di5criminauon is followed. It is policy to give fuIl considerauon to suitable application5 foL employment from people with disabilities. StafFMqth disabilities oxe eltgible to participate in 3ll career development opportunities avaijible. Oppoituniue5 also emst for employees who become disabled to continuc in cmployment OI to be ttoined for other positioos in Bry￿0￿. Bryson is committed to the ttaintng, c2reer developmcnt and promotion of a]1 employees. An individua]'5 career development IS 2ssessed through annugj performance review 2nd 5upcrvi5ion. Tigining progr￿nS are providcd to meet an}, ongoing needs. with the 2iEn of developing employees for both their currenr 2nd their ￿tUre Koles nd are aligned with petson21 development plans. Btyson continues to h4ve # large involvement with training schemes for uncmployed and strive not only ro provide trgining by also employment and development For such jDdividuaJs. There are no private benefits to any individuals connected with the oigani53tion orher than the payment of salaries to st2Ef, which is a necessatip tequiiement, in order to provide services 2nd tbereEore incidental to the irying out of the purposes. During the pandemic, an employee li¥tdship fund w35 crcated to assist stafE in acut¢ need. There is a rcgu]ar report to the Group BoArd and tLie fund is administered by an A88ist3nt Dircctor. Financial management policies Reseryes: IncoTnc reserve5 Are der￿ed Is those assets in the unrestricted fund of Bryson that thc Tru5tccs havc or cin makc *vailablc to appl), for all or xn}' of its purposc5, oncc thc]' have provided for the liabilities or th¢ unrestricted fund, together with an), ¢oinInitmcnts of Br}￿On And other planned expendithre intcndcd to be rnct Eorm the a5scts of the unrestrictcd fund. Bryson plans growth short to rnedium term and will strive to maintain and increase these levels in the comirtg ycars. A su￿lUS fm3ncial positÉon h25 been budgcted for BciT50n for the 2023/24 financial yeat as investment in the past years with careful managernent has ¢re2ted 8 strong platforrn from which to gtow. strengthen the position to nder. and provide future strong financial returns. We plan to ensure all sub5kdiary companies will be abl¢ to attgin a level OF three month5 expenditure a5 res¢rvcs in the Short to medium term. Investment Policy and Petformance: The prcsent invcstment polic}T IS to M￿mIle the long-tctm Ieturn of Bryson's iLive5tsnent funds subject to the risks norm￿lY associated with 2 bajanced approach to portfolio management ivhilst having regard to an ethical stance. In line with the Investment Policy, Bryson expccts its Eund manager ro invest only in Componics that have approptiate govcmancc. ethical and 50cioi tesponsibiiity, policies. Thc pciformancc of the 52nds is tneasured llgain5t the FfsE All Share Indek and other Idevant indice5. The full valuation of listed investments as 2t 31 March 2023 rcmeined at £3.2m (2022 - £3.3m). Bryson Charitable Group {A company limited by guarantee) Trustees, annual report {continuedl For the year ended 31 March 2023 Plans for future periods The i'i.%ion 'Building rhe Bcst Furure, is at the forefront OE the on-going ivorlc of Bryson Charitable GrDUP. Having deiieloped a 8rrong five ye?r 4tr2reg)T ivliich b￿% exceeded expecMtions ifter year 2, t11e Chariti. i reviewing the nc¥t 3 l'e￿ plxn, -%upported b)r subsidi8r)y StrU￿gI¢s, 2nd corporare services srratcg7ies, the ke}, focus EJr tlie chaii(st is not onli.. 10 conunue and ¢xce¢d the CLirrent Se￿1¢e% ivhich 41rc d¢lii'ered, but to dolible in reach tts assisi Ihose uttnost in need. This gives four cleAr 8teers'. Ive aim to do morc than just bc bcttcr for the people and situauon5 WC serve. Ive Aim co do th¢ b¢st possiblc job 2. I'his mtrans ive will challengc oui's¢lNcs to define/reFine wlixt is optim¢ql b¢2s¢d oo internxtiooal bcsc pr¢lCUCC, both cxpoiung Hnd imporung tlie best 3. Ive will 2iLlI to shire u.h1t is best fir thc highcst levels OE government, qcidcmiq4, industrs and tlirougliout sociery. ImprovinL' poiic}'> pri()rities and ini'estnient ui)srrMm ivill then improipe iiipes in t112 Froni line 4. Ive need to EocLiS on th05c arc25 OE grc2icst necd ivhere we cin m?Lc thc .grc2d iesr &"ffeLcnce. Ill¢ nccd ro 5h¢d les5 producti￿¢ 12CtilTjtt' to ailoiv us LO miiimise our impli Ct. 5. Succession to r11anag7e eFFecuvel}- thc recrLlitnient and replacenietlt cxecuriye senior maniigcnicnt as several approacli rerircmcnt 6. Creli tc a de￿clOpMent reani to drivc ¥Fruiiirh of pliilinrliropic Trnd rmdin.4> inconie 7. l-nhincc pcrforniancc miDagTrenienr throiigrh 'l)ulie5' s)-.srcm 8. Place Emergency relief and root callse ivithin separare compJnies to ml¢ xirnise betLefLt io our clienrs In shori we aim to.. Make the gieatest difference to the greatest need. The chf¢riry h*s proverk thAt it h3S not on]y delivered but succeeded under the most diEficu]t And 5trcssful of circLLmSt2nce5. Witli oipetienced %nd influentiAI Board, ? Senior fvIAfL%gement Tcam driving 2s￿()st 7 5imptificd but chxllenging KP] scorcc2rd, &lnd a supportivc pxrent or￿ALS￿￿tion, wc hRvc Alrcad}' in thc CArl)T srAges OF Lhc 2022123 finaniil ).'exr caL¢n l< dvxntage of a numbcr OE opportuniues. continued to gioiv our r¢#ch, nd arc bidding Eor ckciung nellp contr14 Cts. Bryson Charitable Group (A company limited by guarantee) Trustees. annual report (contlnuedl For the year ended 31 March 2023 Trustees. responsibilities in relation to the financial statements The Ch￿lty Trustees who ire glso directoIs foI the Pu￿05c$ OE company law. ￿e responsible for prepar￿g the tru5tees' report 2nd the fmancial statement5 in accoIdRnce with %Lpplicable law and United Kingdom Accounting StandAtds (United Kingdom Genetally Accepted Accounting Prxctice . Company law requires tlie charltS trustees to prep￿e financiAI statemcnts Eor e*ch }ieAr Kvhich give a twe and fyir view OE the state of aEEairs OE the charitable company 2nd the incoining tesources and application o£Iesources, including tlie income aad expendit￿e For thRt period. In FIeparing thc5c £￿AncIal ststements. the trustees xre iequired to.. Select suitxble 2ccounting poLtcie5 then apply them consi5tentl}") ObseThrc tile methods and piinciples iti die applicable Charities SORP. Make judgmeots and accounting estim2tes d11t 2re re2sonable 2nd prudent" Stste whether ippiicAblc UK Accounting Standuds hAve been folloived, Subject to an), miterial d¢F¢￿tureS disclosed and exp12ined in the f￿ancIal statements. PIepare the fio8ncial statements on the going concern basis unless it ts appIoprikte to pIesume thftt the charity will conrinue in busin￿$. Tlie Trustees ate responsible Eoi kceping adequate accounting records tiiat are sutficient to shoiv and Lxplayn the cIIAtiti/s rransacuons 2nd disdose wirb teasonable 2CCllracy xt any time tbe r￿lancIAl position OF the chktity and enxble them to cnsure that the [￿￿￿041 Statements coinply witii the Compftnies Act ?006. TELey arc also Iesponsible foi safeguarding the assets OE the charity 2nd hence fot ciking reasonable steps for the ptei'enuon xnd detecuon OE Eraud 2nd other irre8uIAtities. The T￿￿tee5 are Iesponsible Eor the msintenance and integriry of the corporate 2nd F￿ancIal informatioo induded on the charitable compan}p s website. Legislation in the United I(ingdom governing the PIeP￿1u0n and disseminfition of financial statements MKY diEfer Erom legislation in othei jurisdictions. Statement as to disclose to our auditors Each of the persons ivho is a trustee it the datc of appIov21 of this repott confirms th2t'. So as each trustee is aivare. thuc is fko idevant #udit infoImation OE which the Chatitys auditor is unaivare" 2nd Each trustee has taken all step5 that they ought to h2ve taken 25 a trustee to make themselves aivate ol ally relevirLt audit infonDation and to establish that the ch￿l￿S 2uditoI is Aware of that infonnktion. AppIoi'ed by order of the membets OE tELe board 0[Tn￿teeS on behalf by.. 2nd signed on their P Elliott (ClIHir of Trn5tee5) crrustee) (¥ GrantThornton Independent au&"tors' teport to the Members of Bryson Charitable Group Opinion We l)ave audired rhe E￿ILncId statenients oEBr5'son Cli￿lt#ble Group (rhe 'parent ch4l1itJl) and its subsidt￿leS (thc 'GIoup'), Rvliich comprise thc ConsoLid3ted Statement OE Financi81 Acriviues, the Consolidated and C112ritip B212nce sheets. the Consojidxted Stateinent OE cish floivs IOL die fminciAI Je&lr ended )1 Marcli ?023, and tlie relited notes to tlie 5￿1￿ncId stAtcmcnt5. including 14 SIILT)m#t)' OF significli nr accounting policies. Tlie fminciil repolting fr￿]eRvor￿ that hiL5 becn applicd in tlieir PLepii r2tion is ipplicible11iv And Unired I￿ngdoM Ilccouiitiiig StandaLds, iiicluding Fin1nci11 Reporting Stindird 10? Tlie Fininclal Reporting rd 4lpp1ic41blc in tlie UIC 2nd Rei)Libiic of Ireland, (Linitcd l(iAgdutn Generilly Acccptcd AccuLinting Pracuce). In oui opiJ)ion. Bg.-son Cli¢l1itxble GrDllP'S financial 5171 tements.. gil'e 2 ti'iie 1nd Eiir vie1￿ in iccord¢lllCC 11?itli Linired loing concem, d(sclosing. Is applicllble. mattcis relited to going conceJ"n ttnd LisingT the concern basis oFaccounung unless tnL2naxen)eni cither intend ro liquidite the Group and Chai'iis-. or ro cea5c opcnuons, or l)as no realistic dternative bLlt to do so. "I"liose cliiigcd iviih g()IFernin¢e ILL re.spon8ible Eor oirersccing rlic Groiii? Ind Ch1rir! % finaneial reporiing prnces8. Responsibilitie5 of the audilor for the audit of the financial statements The objectives OE an auditor aLe to obtain re2sonible assurince about ivhether the F￿anCI)ISt9ten]¢n(S as a whole are Free from materiAI misstatement, whether due to fraud or error. to 155ue an Auditor8, reporl that include% their opinion. R¢ason2bl¢ 2ssurancc I.￿ 81)igli levcl oEa55ur2nce. biit is not a guarantee that An audit condLic£ed in CcoLd￿2nCC ivitli ISA.% (UIQ ivill ilii'a)'s detect'a mJieri31 rni.%4Dtemcni wlien it exist8. Tr,Iis8tatements can i1fi8e fLom Fraud or crroi and are considered rnaterial if. individually or in the aggregate. thcy coiild rcasonabl5' be expected to influence the economic dccisions of u8eLS takcn on cbe basis OF these financial.st2temenL%. A further description of an 2uditor'5 rc5pon.iibilitic% Eor thc audit of the Financial statements is located on tbe Financiil Reporting Council's website fit w%mv.fr auditoisre ibiliues. Thi5 desctiption Eotms pait of our 2u(btoi's r¢port. GrantThornton Independent auditors, report to the Members of Bryson Ch2ritable Group (continued) ExpJ.In.Iti011 fo T¥,Aat extent the #ijdit ivas considered c.'Ip.?bJe ofdetectsnguregu]Aritses incJudJiJgf£.?ud Itrc&d8ritics. including frnud, are instances of non-compli8nc¢ with lau's #nd r¢gulxtions. Wc a￿18n procedures in line with our responsibilitics, oudined abovc. to dctect matcriai mi5Statcmcnts in rc5PCCt of irrcgulxrities. induding Fraud. Owing to the inherent IiTnitations of 2n audit. th¢te 1$ an un2void2bl¢ risk that material misstatement in thc f￿ant1￿ statcmcnts may not be detected. even though the audit is ptopedj. planned and perEonned in accordance Ivith ISAS (UK). The extent to which our pioccdures are cApablc oFdctccting itiegularAties. including fraud, is detailcd bclow: Based on our understanding of thc Company and industry. we id¢ntiFied thAt the principal tisk5 oFnon-comp]iance idL IAWS and Tcgujations rdatcd to complixnce with Datt Privacy12w. Employment Laiv and Pensions Legislation and we considered the extenr to which non-compli2nce might have * miteu2L effect on the financial statem¢nrs. Ive ttlso considered those laws and tegrulauons that have & direct impact on the preparation of the fLnanciai statements such 3s the Companies Act 2006 and Ul< cax legi51ition. We ¢v2luated man￿￿ment'S incentives 2nd opportuniue5 for fraudulent tnanipulation of the financigj statements (including the iisk of override of conttols). and detetmioed that th¢ piincipa] risks were related to posting inappropriate journ21 entries to m2nipulate financi￿ performance and management bias thtough judgcment5 2nd 25sumptions in signifJc2nt accounting estirnltes, in particu]ar in relation to SI￿]fI￿nt one-off or unusual transactions. We apply professionaL scepticism through the audit to consider po￿ntIal deliberate omi55ion oi concealment of signifLcant traiisactions, or incvrnplete/inaccurat¢ dtsdosures in thc ￿￿1￿ClaI Statement. In responsc to these principgj risk-s. our audit procedures included but were not Iimited to: inquiries of m2nagemcnt on the policies and procedures in place re￿tarD￿ compliance with laws and regulations. including considcration of known or suspected InSt￿C￿ of Thon-compliance and whether they have knowledge of any actugj. Suspected or #lleged Fraud. ' gaining an understanding of the internal controls established to Mitiga￿ tisk Ielated to fraud. discussion mongst thc ¢n￿gement tc3tn in rdation to the idcnuficd 12ws and regutations 2nd regatding the risk of fraud, 2nd Icmoining alert to any indications of non-compliance or opportuniues for Fraudulent manipulation OE fm2nci21 statements throughout the audi4 ' identifiryng and testing journal entries to address the risk of in2ppropriate journals 2nd management oi'¢rridc OF controls. . designing audit proccdurc5 to incorporate unpredictability around tile naturc, rirning or excent of our tC5ung, ' thallcnging assumptions and judgements mxde by management in theiL significant accounting esttmates, includtng the rccovcrobi]ity of long tcrrn contracts. the carrying valuc of fjxed asscts. tevenue tecogoition; and ' review of the financixl statement disclosures to underlying supporting documentation And inquiries of management. The primary xesponsibility for the prevettuon and detection of itteguiaritses induditig fraud tests with thosc tharged with gov¢m8ncc And management. As with any Audit. thcre rcrn9ins a risL oEnon-dctcction or irregulaiities. as these may involve collusio£L forgcry, intention8L omissions, misreprcsentations oi ovetrid¢ OE intcrnal control5. GrantThornton Independent auditors, report to the Members of Bryson Charitable Group (continued) The purpose of our audit work and *0 whom we owè our respon5ibiliti*s This report is made solel}p to the ChArl￿$ members, ?5 a body. in 1ccord2nce ivith thaptcr 3 OF P2rr 16 of thc Coillpanics Act 2006. Our audit ivork has beca undcrtakcn so thRt wc might srare to the compilny's members those matters ive are required ro state to thern in an auditor's repori %￿d for 00 other PULPOSC. To the El￿est extent perniitrcd b}. liw. Ive do not iccepc or ttssuiiie responsibility tu an}une other than the conipinlt and the cumpJtLy'S members a5 a bods'l foi. ULif ¢2udir ivork, fur this report. utr for the opinions ive1i*2VC lorTned. NLXI Tii'lor (S¢iiioi' 5t2tLItoi)' 1uditor) For and on bchalf of Gyant Thornton INI) LLP Chattered Accounr2Qt8 & Scatuatr>r), Auditor BclF25r Date: 18 December 2023 Bryson Charltable Group (A company limited by guarantee) Consojidated Statement of financi21 activities Forthe year ended 31 March 2023 Restricted Unt¢stricted funds runds 2023 2023 Total Funds 2023 Torgl Funds 2022 Note Ineome fron7: Donauons and leg2cie$ Charitable activities Other ￿ding icuvities Investment% Other income Total Income 506 8.374,092 118,366 14,028.880 20,191,666 61,989 104,526 34,505.427 118,872 22,402,972 20,191,666 61,989 104.526 42.880.025 3?1.521 16,803.574 18,466,757 123,620 101,969 35.817,441 8,374.598 Expenditure on: R9iEing ch￿Itable activities Total expenditure 18,062,628 14,884,824 32,947,452 18,062,628 23,003,162 41,065.790 16,543.158 18,332,839 34.875,997 8,118,338 8,118,338 Net 00$5e%)/gains on investments Net {expenditure)lincome tjefore taxation (193,548) (193,548) (4,889) 256,260 lJ64,427 1,620.687 936,55) Toxauon Net {expenditure)lincome after taxation 13 (114,801) (114,801) (344.641) 256,260 1,249,626 1,505,886 591,914 Transfers between funds Net movement in funds 256,260 1,249,626 1505.886 591,914 Re¢onciliation of funds: Total funds brought fotWArd Net movement in funds 56,433 256,260 10,638,404 1,249,626 10,694,637 1,505,886 10.102,923 591.914 Total funds carried forward 312,693 11.888,030 12,200,723 10.694,837 The Con501idated Statement of financial acuvitie5 indudes all gain5 and losses recognised in the year. All gains and losses Iecognised in the year tel&te to the continuing oper4tion5 of the group. The oor¢s on page5 21 to i2 form part of tbcse financi￿ staternents. Bryson Charitable Group IA company limited by guarantee) Reglstered number: N1001319 ConsoLidated Statement of financial position For the year ended 31 March 2023 2023 2022 Note Fixed assets Int2ngrible issets Tangiblc asset. Inve5ment5 14 15 16 (276,262) 7.708,378 3,174,412 10,606,528 (356,333) 7.91?,0?8 3,305,971 10.861.666 Current a55ets Stocks D¢biors Cash At bxnk alid in IIAnd 17 18 79,826 4,546,986 5,675.649 10,302,461 88.649 4,20i,639 2,406,55? 6,700.840 Creditor8: amounTS failinbT due wiihin on¢ y¢ai 1() (7,600,493) (5.6C)6.ii4) et current assets 2,701,968 1,034,286 Total assets less curient liabilities 13,308,496 11.893,9.)? C.rcditc>rs: Imoiints Fdling* duc iFter more than one year Provisions for lixbilities 20 (672,414) (435,359) (848,643) (35?.472) 21 Total net assets 12,200,723 10,694,837 Charity funds Restricted funds: Rcstrictcd funds 312,693 i6.433 312,693 11,888,030 56,433 10.638,404 Untestricted funds 22 Total funds 12,200,723 10,694.837 The Trustees aclcnowledge their te.%pon5ibiliues for compl}ring with the requirements of the Act with respect to 3ccounung records and preparation of financi31 statemenL%. The financi815tatemen¢s were approved and iiuthoiised frjr issue by thc Tmstec5 on 5igncd on their behalf by: (L P Elliott (Chair of Trustccs) crn]stee Thc notes on page5 21 to i2 form part OE these f￿AncI?15tat¢m¢nt$. Bryson Charitable Group {A company limited by guarantee) Registered number: N1001319 Charity Statement of fLll2ncial Position For the year ended 31 March 2023 2021 2022 Note Fixed assets Tangible asscts Invcstments 15 16 2,252,155 5,407,086 7,659,241 ?,386.137 5,538.645 7.924.782 urrent asset5 Debtors Cash 2t bank and ￿ haad 18 41,883 2,135,189 2,177,072 58,799 96.395 155,194 CteditoIs'. amounts falling due within one y 19 (2,593,013) (736,377) Net current liabilities l assets (415,941) (581,183) Total •ssets less current liabilities 7.243,300 7,343,599 Total net assets 7,243.300 7,343,599 Charity funds Restricted Sjnds 22 5,507 5,507 Unrestricted funds Designated funds General Eunds Revaluation Ieserve Totsj unrestricted funds 22 22 11,000 4,563,581 2,663,212 39,546 4,635.334 2,663.212 22 7,237,793 7,338,092 Total funds 7,243,300 7,343,599 The Charity'5 net movement in fimds Eoi the year ivas 2 loss OE £100,299 (2022.. Loss OE £812,788). The Ttustees acknoivledge their responsibilitie5 foi complying widi the Iequi£euwJts OE the Acc with respect to 2ccounting recotds and prcparation of Fthancial stateinents. The f￿anciaL statements ivere approved and autliozised foI issue by tlie Trustees on signed on their behalf by.. [,[. P Elliott (Chair of Tn￿tees) The notes on pages 21 to 52 Form part of these Ethancial statements. Bryson Charitable Group (A company limited by guarantee) Consohdated statement of cash flows For the year ended 31 March 2023 2023 Note Cash flows from operating activities Ne¢ cish used in operlting SLctiiTitie5 25 4,183,325 1,9?4,5?4 Cash flows from investing activities PIoceed5 froin the sale of t%mgible ILYed Assets IntercomP￿}. diiridends receiTrcd Purc112se OE t2AgLblc ILxed assets Cisli floib Eroin ini'esttnent ￿ pliy rcsoulce Putcliise of cish iiii'esrmenis Piocced5 OF disposal of c2sli iniresuneLIts 8,600 300,000 (678,528) (l.i08,058) (58.4?8) (141,248) 79,259 Net cash {used in)Iprovided by inyesttng activities {731,917) (1 ??7,933) Cash flows from financing activities Moirement in f￿ance Iciscs (178,386) (l i9.4?i) Nèt cash used in financing activities (178,386) (159,425) Change in cash and cash equivalènts in the year Cish and cish equiirilents At thc be￿￿Tring OE tlie icir 3,273,022 2,399,011 i37,166 1,861,845 Cash and cash equlvalents at the end of the year 26 5,672,033 ? 399.011 Tlie note5 on pages 21 to 52 Eorm parr OF these financial st#iemenLS Bryson Charltable Group (A company limited by guarantee) Notes to the f￿ancIal statements For the year ended 31 Mar¢h 2023 General information Bryson Charitable Group is a company ￿'MIted bs, ￿arantee in Northern Ireland, incotpornted undcr the Companies Act 2006. Its iC8iStered officc is 2 Rivers Edge. 13-15 Ravenhill Road. Bd&st, Northein ￿tland, BT6 8DN and it has CoMp￿Y registration number of N1001319 and chariry registration nwnber of NIC101396. Accountin9 policie5 2.1 Ba515 01 preparatlon of financial statements The flljancial statements are pIeporn1 on a going concern basis, undcr the histollcgj c05t convcntion unLes5 otherwise noted in the accounting poiicies bdow. They hxve been prepated IA accordAnce with applicablc law qnd accounting standards issued by the Financial Repotting Council. including (FRS 104 The Financial Repotting Standard ipplicabl¢ in the UK 2nd Republtc of Irel￿d (FRS 10?) Ind the Statement of Re¢ommended Piacuce- Accountit]g oAd Reporting by Charities. effcctivc 1st Janua4, 2019 CSORP). Bryson Charitable Group meets the defmition ofa public beneELt entity under fRS loi The ConsolidAted 5tatemcnt of fm¥LllcioJ activities (SOFA) and Conso]idated b￿ance sheet consolidate the fin￿cIal 5tatcmctLts of the Charity 2nd its subsxdiary undcruking5. Thc rcsults of th¢ 5ub5idigJies are onsoiidated on a line by line basis. On 30 September 2019 the Brysgn Care entered into 2 ch2rityp cornbination with Bryson InrerctslturaI and Bryson Ener8y cntcrcd into a chaiity combination Bry50n Lag8nspoIrs and Bry50n Futureskills. both OF which met thc requirement of Section 27.4 of Chatities SORP ￿Rs IO¥ Criteria for merger accounting. AcCOrdin￿y> the combin2Uon h2$ been account¢d for 25 2 m¢rg¢r. AS 2 Iesult, thc financial .8tatements are presented as if the combination had been effective from l Aprit 2018. The Charity has taken advantage of the exempuon allowed undcr scction 408 of thc Companies Act 2006 2nd h2S tiot ptesented its own Statement of fmancial activities itt these FinanaAI statements. The Ch2tity has takcn advantsgc of thc following di5dosure cxth)ptions in PfCP7¢iing th¢sc Financial statcmcnts. as permittcd by fRS102 The Financi￿ Reporting Standard applicable in the UK and Ireland - the requirements 0£ section 3 Financial Stxtement Presentition par2grAph 3.17(d)' - the requiternenrs of secuon 33 Rejated Parry Dtsd05urcs paragraph 33.7. - the requirements oEsection I l Basic Financial Instrtynents paragtaph 11.41. The ptcparauon of fiaanciai statetncnts in compliance ivith FRS 102 requires the use oEccrtain criticaL accountitig estimates. It also r4uires man3gm¢nt to cx¢ercise judgement in #pplying the comp￿￿5 accounting policies (see note 3). The financi2L s&tementr are prep2ted in sterling (Q. which is the functional currency of the entity. Bryson Charitable Group (A company limlted by guarantee) Notes to the financial statements For the year ended 31 March 2023 Accountlng policies leontinuedl 2.2 Basis of consolidatlon The consobdated Fjninciai 5La¢¢ments prcs¢nr the rc5ulrs OE the CliJrity and its own subsidiaries ("the GroLlP") as if the5, form # sinbrle enuLI'. IntercomP￿Y ttansacuons 2nd balances between ¥oup comp&ni¢5 are rhereforc c]imindored in full. The consolidated finaocial statemcnts incorporarc thc rcsults of busincss combinauons using the purchase meihod. In the Siatement of financial position, thtt acquire¢'5 idenufiable asseis. lifLbilirie5 and contingent liabiliries gre initially recognised at their Fair value5 at the acquisiuon date. The results OF acquired operatiuns are included in the con5011d￿[ed Sratement OE Fin¢qnci91 ActivitiC5 Erom the date on ii-.hicli control 1.% IibtairLed. Thei. are decun.Ei)lidated from tlie dale control ceases. The Compllns, has tftLen adit11 ncl& ge of the excmprion allnived under section 408 ()f the Companies Act 2fJ06 £2nd lia8 n()t prt.scnted it% nivn Inci)me statcment in tliese fin&2ncial staienients. Th¢ 11)5s after (ax of the parent Conip1ni' for the )iear iv35 £81 ?.562. .,IFtcr reiTie￿ing tlie cliaiiL) s FoLecists and PlOjLcuons, tlic tLUStccq li2￿C a rea8on2blL LXPCCt?tion that the ch2rit}, bas ad¢qu2cc rcsourc¢5 to conunue in opcrnuonal cxistenc¢ for thc fore.%eeable future. Tlic chirit!, thcrcforc conunues to adopt Ihc going CDAceLm b%sis in prepaLing its Fin11 nciql stiltcmeAts. 2A Income All it)come is tecogniscd once the Chnrity. hAs entidcrncnt to chc incomc, it j5 probablc thftt thc income Iviu be icccived and the amount of tncome recei1￿ible can be meAsured reliabl}'. Grants are included in the Consolidated staten)ent OF finanual SLCUVitiC5 on a r¢ceÈv2ble basis. The balance of income received For specific purpose5 but not expended duringy the period is shoivn in the relevint Eunds on the Bi12ftcc shcet. Whcre incorne is rcccivcd in advance of entitlement of receipt, its recogwtion is defeiied ind induded in creditor5 15 deferred income. Iwhere entitlement occurs before in¢om¢ is rccciired. the income is accrued. Other income is tecognised in tFLe period in which it is recwv2ble and to thc exteni the goods have bccn provided or on cornpleuon OE the service. Income from contrgcts fot the supply 06 s¢rvi¢es is tecognised with the delivery OF the contracted scrvice. This is cla55ified as unrcsttictcd Funds unless there is i contractual requirement For it to bc spent on a particulat purpose and re￿[￿ed if unspent. in ivhicli case it may be regJ3rded as restricted. Rcyenue from a contract to provide service5 is recognised in the period in which the services are provided in accordance with the stage of ¢omplcuon OE the contract when 811 of the following condition5 are 5atisfied-. the atnount oErev¢nue can be measured reliably. it is probAble th*t the Group will rcccive the considerauon due under the concr*ct' thc stage OE completion OE the contract xt the end of the reporting pcriod can bc mca5urcd reliibly. and the c05rs incurred 2nd the costs to complere thc contract can be measured rcLiably. Bryson Charitable Group (A company limited by guarantee) Notes to the F￿anCial statements For the year ended 31 March 2023 Accountlng policies (Continued 2.5 Expendlture Expcndiwte is recognised once tELere is 2 legat or constwctive obiigation to transFer cconomic bcnefit to a third p2rtip it is probible thit a tr￿sEer of econotnic benefits will be tequired in settlement and the amount OE the obligation can be measured reliably. ExpendiNre is classificd by activiry. The costs of each activity ar¢ rnade up of thc rota] OE direc¢ COS￿ 2nd shared costs. including support costs involved in undertaking each acuviry. Direct costs attsibutable to a single aCaiTIty 3re allocated direcdy to that acuvity. Shared costs ivhich contribute to more than one activity and support costs which arc not attributable to 2 single activity are apportioned between those acuvities on a basis consi5rcnt with the usc OF rc50urce5. Central staEf costs arc allocatcd on thc basis OE time speni, #nd depreci2ti0n chxi¥es 9Jtocated on the portion of rhe as8eVs use. Expenditurc on charitablc kctiviucs is incurred on di¢ecdy undett2king tbe activities which further the Group's objectives. as well as atty associated suppott costs. All expenditure is indusive of irrecoverable VAT. 2.6 Research and development Development costs are capitaiised within intangible as$cts ivhere the}F C2n be identified ivith a spcciFIc product ot project anticipated to producc future benefits. and are amortised on the 5tt3ight lirLe basis ovcr the anucipated Iife of the benefits arising from th¢ completed product or projecr. Deferred research and devdopment costs are reviewed 8nnually> aDd where ￿tUre benefits ate decmed ¢0 have ¢ca5cd or co bc in doubt, thc balance of 2n}f relAted research 2nd development is written o£E to the Consolidated statement of fmanC1￿ Activitie5. 2.7 Taxatlon The Charity is considered to pass the tests set out in Patagtaph I Schedule 6 OE the Finaftcc Act 2010 and thctcfore it meets the def￿ltion of a charitable Company for UK Cotporxtion tsx putP05CS. Ac¢oldi￿gly. thc Charity is poteAti2lly cxempt ftom taxation in respect of income or c*pit21 gains received within categoiies covered by Chapter 3 Part 11 OF the CoTroration Tax Act 2010 or Section 256 of the Taxation 0£ Chargc2bLc Gain5 Act 1992, to the extent that such income or g9ins are applied exdusivdy to charitable purposes. Bryson Charitable GroLrp (A company Ilmlted by guarantee) Notes to the fmancial statements Forlhe year ended 31 March 2023 Accountln9 polrcies {continuedl 2.8 Intan9ible asset5 and amortisatlon esryrive goodwill is c3Pitttii.%ed and recogniqed in the statement of fin8nciJl 8cuvitie5 In the period in iyhich non-lnonetiry as.8ets are recovered. iyhich 1% considcied to be nver 5 yeAr.4. Amorri%irion 18 calculated to write off the cost of an asse4 le8S It$ estimated re.Eidu81 value. over thc iiscFul bF¢ of thit asset. All intangible assets are considered to h3ve x Finirc iisefid Itfe. If a reliable estimate OF the usefid life cannot be m?de. chc u4cful life shall not ex¢eed ten ye2rs. Ilmortisiuon is proi'ided on intHngiblc isscts it tAtes c2lcLil<cd to writc off thc cost of cich asset on straighc-linc bisis oNcr its cxpected uscfLII life. Amorusauon is providcd on rhc following b￿eS.. Dei-clc)pmeni cipcnditurc Ncgitil'L ￿()dI￿lI1 StiTright linc SEL~.iiglit linc ?l}'/u Bryson Charitable Group {A company limited by guarantee) Notes to the fjnancial statements For the year ended 31 March 2023 Accounting policles (contlnued) 2.9 Tanglble fixed assets and depreclatlon Tgngible fixcd a$5ec5 Other than land and buildings arc initially recognised at C05t. Aft¢r reco8niuor4 under the cost model, tangible fjxed 2ssets are measured at cost les5 3ccumu12ted depreciauon 2nd 20y Iccumdated impairmcnt losses. All co%ts incurrcd to bring 2 iangible fjxcd 8S5et yrtto its intended working condition should be induded in the measurcmcnr of cosr. Land and buildings are initially recognised at cost. Aftcr r￿QgnItion. under the rev21uxtion modd, tangiblc f￿cd assct5 whosc fair v￿u¢ can be mexsutcd reliably shgJL bc carried at a rev21ued amoun being their f￿r v2]uc it the date of tevaLuxtion less an)1 subscqucnt accurnul%ted deprecixtion and subscquent accumui*ted impattment Ios5eS. Revaiuauons made with sufficient Icgularity to ensure thar the c2trying omount docs not differ materiall). from that whtth would be detetmined using fair value at thc cnd of the reporting dxtL F9ir values are determined ftom market-bascd cvidence by appr8i521 that 1$ normgjly undertaken by proEe$5ionall}' qualificd valu￿5. IF there is no matket-based evidence of fair value becausc of the speciaLised n￿￿re of the ttingible fixed asset and it is rardy 501d. cxcept as part of a contributing business. a Charity may necd to ¢SUEn2c¢ fair value using an income ox depieciatcd tepl&ccmeAt cost appKo&ch. Gains and losses on revaluation ￿e rccogoi5cd in the Consolidated statement of financial activities, with a separate teyaluation reserve being shown in the St2tcrncnt of Eund$ note. D¢preciauon is chargcd so 3S to 3llocate the cost of tangible ftsed assets less their Ie5idug] y￿lle over their estimated useful lives, using the straight-line rncthod. Depieciauon 15 providcd on the following basis: Fteehold properti, Plant gnd maclunery Motor vehicles Fixtuies 2nd Fittings OffLce equipm¢nt Str2ight litie Strgight line StcaigE]t ]ine Straight line Straight liae 250/0 25/. 250/0 2.qo Investments Fixed assct investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value xt the Balance sheet date. unless the value cAnnot be measured rdiabLy in which case it is measured at cost les5 impairment. Invesunent gains afLd Ioss&5. whether realised or unrealised. Are combined #nd presented as 'G9ins/(L ) on investments. osses in the Consolidated statement of FinanaAI #¢tivitie8. Tnvestsnents in subsidiaries are valued at cost less piovision for impaizment. 2.11 Stocks Stocks Ire vAlu¢d at the lower OE cost and net Icaiisable vaiuc aEtcr making due ￿Low1￿Ce fot obsolctc and slow-moviDg stocks. Cost includes all ditect Costs a￿d an Appropriatc proportion of fjx-ed vatiable ovcihc14 d5. Bryson Charitable Group (A ¢ompany limited by guarantee) Notes to the financial statements For the year ended 31 March 2023 Accounting policies (continued) 2.12 Debtors Trade #nd other dcbturs are recogmised at Ihe seidenient amount 16ter qn), trade discount offered. Prepaymcnts are valucd ar the aniount prepaid ncr of any trade discounts due. 2.13 Cash at bank and In hand Cash at banli and in h2nd includes c2sh ond shnri-term highl}, liquid inve.stments iijith > short mllturity" of three nionths or less from the date of acquisiuon or opening of the deposit or similar accourLL 2.14 Liabilitles and pyovislons Littbiliiies And pruvisi()ns are teCUgTnised ifvhen there is 2n Obligation it the Balance Sheet d1te a5 a rcsult UF a p25t ¢venr, it is probablL That a tri¢ n5Fer UE economic b¢neFic ￿111[ bL fequiiLd in setrlemttnt, and the Jm(iunt (?f clie setilemeni can be estiniated relixbli.. T.i2biliric5 q* rc rcco.gni8c and the costs incurred and the costs to complete the contri¢t can be measLucd reLiid bl},. c) Carrying valu¢ of fAx¢d assets Estimatcs are made in re5PCCt OF thc carL)'ing value OF f￿¢d as5ers owned bs" the group. When assC55ing the useEiil lives of emsung ind new Fixed asset5, fact()rs inclu(bng historicat cxpuiencc. the Cl￿rent return OF assets empluycd and any exceptional gains or losses on disposals of fixed assets Ire consid¢red. Bryson Charitable Group (A company limited by guarantee} Notes to the fjnancial st2tements For the year ended 31 March 2023 Income from donatlons and legaclès Restricted U￿eStricted funds funds 2023 2023 Total lunds 2023 Donauon5 GrAnts 87,707 30,659 87,707 31,165 506 Total 2023 506 118,366 118,872 In¢ome from donations and lega¢les Restricted Unrestricted fund5 fimds 2022 2022 Total funds 2022 Donations Giants 1.400 100,296 ?19.825 101,696 219,825 Toral 2022 1,400 320,121 3?1,521 Bryson Charltable Group IA cornpany limited by guarantee} Notes to the fmancial st2tements For the year ended 31 March 2023 Ineome from charitable activities Restricted Unlestiicted funds funds 2023 Total funds 2023 2023 AdvocAC}' Adults cole Bridges to progression Choicc liousing LommLinit5" rencwiql C.()sr IIF Living F.niergiencv R¢li¢E Lnitiative Dcp¢irtinent For Communities Dii'ectors oFfice r.Iderly c2r¢ Energy schcme Europein projLcrs 'uri)piqn scjciil flind ?28,475 67.460 228,475 67,460 5,000 263,063 460,844 3,932,642 2,226,368 159,271 9,700,646 189,679 92,000 225,363 150,652 1,653,025 90,000 232,830 145,773 88,301 8,340 237,691 177,727 127,142 1,940,680 5.QOO 263.063 460,844 3.932,642 2.188.401 37.967 15(),271 9,700,646 142,7)3 46,926 ?2.1,363 1iO,6i2 801,359 Fami])T And child cire Fuel C.tisis Initi1UVC GeneyLI incomc MigTrnt Hdp NI FLousing F.xecutive floating siipport Other Pli), resource Students unit "I'otal cate Training for success 851.Ci(?6 90,0()O 30.000 145.773 88,3L)I 3.000 90,749 177,727 202,830 5.340 146.94? 127,142 1.940.680 Total 2023 8,374,092 14,028,880 22,402,972 Bryson Charitable Group (A company limited by guarantee) Notes to the financial statements For the year ended 31 March 2023 Income from charitable activitle$ Restticted Unrestricted funds funds 2022 2022 Total funds 2022 Advocicy Choice housing DeP￿tment for Comrnuniues Elderly care Energy Scheme European Projects Etsrop¢*n Soctal Fund Famil)i xnd child care Fuel crisis initiative Gtucr31 Income Migtmt Hclp NI Housing executive Other Pla), Resource Speci2] EU Programmes Body Traintrjg Tr9iL]ing for Success 236.465 19.698 236,465 43.779 258,298 8,677.265 ?45,795 9).010 228.556 1,698.761 2,193.4?6 98.429 83,964 80,643 436,761 214,217 12,952 169.401 2,029.852 24.081 258.298 8,677,265 195,829 95.010 228,556 879,171 168,000 98,429 49,966 819.5lJO 2,025,4?6 83.964 80,643 210.024 93.609 12.952 169.401 226,737 120,608 2,029,852 Totg12022 3.827.954 1197i,620 16.803.574 Income from other tradlng activities Income from non•charilablè trading activitles Untestricted funds Total funds 2023 2023 S2Ees- Bryson Recycling 20,19L666 20,191,666 Bryson Charitable Group IA company limited by guarantee) Notes to the f￿ancial statements For the year ended 31 March 2023 Income from other trading actlvlties {eontinued) Income from non-charitablè trading activitle5 Unrestricted funds 2022 Total funds 2022 SgJes- Bryson Recyding 18,466.757 18,466,757 The entire turnovcr has bcen dcrivcd from rlic principal Rctivit). OE the businc5S. 1£2n1gctncnt hllTC not discloscd inform&tion rcliung* to the gieo&yriphicii split OF thc tLirnoi'er as co do go voiild bc 5eriousls' prejudici21 to Ilie inieiesrs of Ihe COJTJpn}'. Bryson Charitable Group {A company limited by guarantee) Notes to the fManc1￿ statements For the year ended 31 March 2023 Investment income UnrestTjCted funds Total funds 2023 2023 Listed investments 61,989 61,989 Untestricted funds 2022 Total funds 2022 Listed iovestsnents 123.620 123.62D other Incomlng resources Unrestricted funds Total funds 2023 2023 Othcr operating income Negative goodivill amorusauon 9.990 94,536 9,990 94,536 Total 2023 104.526 104,526 Unrestticted funds 2022 Total funds 2022 Other operating income 101.969 101,969 Bryson Charltable Group (A company limited by guarantee) Notes to the financial statements Forthe year ended 31 March 2023 Analysls of expenditure by activitles Activities undcrtaken directly 2023 Support costs Total funds 2023 2023 Ruising Eunds Charitable acuvities St26f costs GoiTetnince costs 18,062,628 22,007,84i 18,062,628 22,007,845 915,936 79,381 915.936 79?81 Total 2023 40.070,473 995.317 41,065,790 ctii'ities Support costs Lindcrt1kcn ?02? Total ILinds 2022 Rai.%ing Fund ChillvAble acuviues Staff costs Goverrtance costs 16,)43,158 17,848,005 16,543,158 17,848.005 278,912 205,922 2713,912 205,922 Totol 2022 34,391,163 484,834 34,875.997 10. Operating surplus The opetaung surplus/{dcficit) is stated after charging- Gtoup 2023 Group 2022 Charity 2023 Ch￿lty 2022 Auditor 5 1emuneL2tion Opcrating le%5e rcnc21 cxpenses Interest on bank loans and overdraEts Deprcciation Amortysation OF ncgativc goodwill Gain oft (h'spos21 of fixed assets Exchange difFerences 60,000 159,655 5,820 871,160 (80,702) (8,600) (3,222) 60,000 271.875 11,527 918,493 (79,807) (19,070) 13,333 6,000 4,860 4,423 130,893 2,831 135,412 Bryson Charitable Group (A company limited by guarantee) Notes to the fmancial statements Forthe year ended 31 March 2023 11. Staff costs Group 2023 Group 2022 Charity 2023 Charity 2022 Wages 2nd $alaries Social 5ccurit5' Costs Defined contribution pension schemes 19.557,115 1,671,165 478,931 17,917.199 1,347,204 552,623 1.124,733 152.347 37,801 1.081.804 101,702 82,045 21.707,211 19,817.026 1,314,881 1.265.551 The avetage number of persons employed by the Chariry duting the year was as Follows: Group 2023 Group 2022 Bryson Ch￿Itable Gioup Bryson Energy Bryson Carc Bryson Rccyding 30 40 662 339 29 632 335 1,071 1.036 Bryson Charitable Group IA company limited by guarantee} Notes to the f￿ancial statements Forthe year ended 31 March 2023 Staff ¢osts {continuedl The number of emplo}Tees ivhose emplo)ree benefits (excliiding emploi'er pension c05t5) cxc¢eded £60.000 Group 2023 Group In the band £60,001- £70,000 In the b2od £70,001- £80,000 In the band £80,001- £90,000 In the bond £90,001- £IQO,000 In the band £lOO.001- £1 10,000 In rhe bind £110,001- £120,000 In the bind £120.00] £130,000 In rhe bxnd £130.001- £140,000 l Ihc ('111rirs- IV2S £449.0.31 (?0￿9 .. £499,82C)l. The tot21 comp¢ns8rion paid to kes, managrement personnel for seThrices provided to the Group iva5 £1,139,1?0 (?O??- £750,316). 12. Trustees. remuneration and eypenses Dui'ing the )rttr. no Tru5tee5 reccivcd Ény remunerauon or other benefjts (2029 _ £NIL_), During the )'ear ended 31 March ?023, expen8es reimbursed to Trustees wer¢ £1,61? POL? _ £1.213). 13. Taxation 2023 2022 CoTroration tax Current tax on proFits for the 57¢ar Adju5tinents in respect of previous periods 38,254 (6,340) (63,413) Total cwIent tax 31,914 63,413 Deferred tax Ori￿nation and reversal of utniog differences 82,887 408,054 Total deferred tax 82,887 408,054 T#xotAon on net incomc/(eJtpenditute) 114,801 344.641 Bryson Charitable Group (A company limited by guarantee) Notes to the £￿ancIal statements Forthe year ended 31 March 2023 13. Taxation (Continued) Thc tax assessed for the year is lowet than (2022- higher than) the standard rate of COLTroritioft tax in the UK of 19U/o (2022 _ 190/r)). The diffcrcnces ate exp]2ined btlow.. 2023 2022 Nct (expenditure)/income before tax L620,687 936.555 Net (expenditure)/income muittplied by the standard rate of cotpor2ti0n t3X in the UKof 19 P022- 190/0. 307,931 177,94) Effects of: Fixed asset differences Adjustments to tLX chargc in rcspcct of pIior periods Income not taxable For t2x puIposes Gift gid not taxable for tax putposes 36,483 17,165 38,222 (285,000) 2,667 94.101 126.928 (57,000) Total tax charge frit the year 114.801 344.641 Factors thxt may gfFcct future tsx chorgcs The stSLndard tate OF Uk Corpornuon Tax from l April 2023 increased to 25D/Tr foi comp11 nies genernting taxablc profits 0£ more than £250.000. The previous 190/0 tax rate will conrinue to apply to 'small' Companies with profits Ic55 than £50.000. with a'taper Ielief rate, foI those companies with profits between the nthv thresholds. Deferred tax assets and liabilities hslve been recognised using rhe t￿￿ ratcs applicable for the date the issets and li2biliucs are expected to rcverse. Bryson Charitable Group (A company limited by guarantee) Notes to the f￿anCial statements Forthe year ended 31 March 2023 14. Intangible assets Group Website developmeTht Negative goodivill Tot31 Cost At l April 2022 Additions 36,540 (472.681) (436,141) At 31 March 2023 36,540 (472,681) (436.141) Amoiiisation Ilr l April 20?2 Charge for the }'eii r C),851 14,464 (86.658) {94,536) (79,807) (8n,117 At 31 March 2023 21,315 (181,194) (159,879) Net book value At 31 March 2023 15,225 (291,487) (276,262) At 31 March 2022 29.689 (38(),022) (3i6,333) On 04 Mu).- 20?1. BL)'son EnerEJ' acquired tlic Trade assets 1nd li14 biliucs of Pla}, Rcsource Triding Co. Jimited 2nd Flay Resourcc Ivarehouse l.imited ivith negutive goodwill bein&. genernied torgjling £472.681. Thks is zmortised oi'ci a 5 y¢ar period. There are no inrangible ossets in choriry. Bryson Charitable Group (A company limited by guarantee) Notes to the financial statements Forthe year ended 31 MarGh 2023 15. Tangible fixed assets Icontinuedl Charity Freehold Fixturcs and Computer propetty fittings equipment Total Cost or valuation Ilt I Ilpril ?022 Addiuon5 DisP05a15 2.276.173 5,928 (10,122) 184.381 i20 173,205 6,000 (896) 2,633,759 12.M8 (I I,018) At 31 March 2023 2,271,979 184,901 178,309 2,635,189 Depreciation At I tlpril th? ?2 Clix1rgc for thc l'cxr 88,94'1 45.321 92,Oi4 46,171 66,627 43,920 247,62? 13i,412 At 31 March 2023 134,262 138,225 110,547 383,034 Net book value At 31 March 2023 2,137,717 46,676 67,762 2,252,155 t 31 ￿1arch 202? ? 187.232 106,578 2,386,137 16. F¥xed asset investments Listed Tiade investments investments Total Group Cost or v￿uation At l Aprd 2022 Addition5 Di5P05ais Rccognised gains/Oosses) 3.288.645 141 ?48 (79,259) (193.548) 17,326 3.305,971 141,248 (79,259) (193,548) At 31 March 2023 3,157,086 17,326 3,174,412 Net book value At 31 Marcli 2023 3,157,086 17,326 3,174,412 At 31 March 2022 3288,645 17226 3,305.971 Bry50n Charitable Group (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2023 16. Fixed asset investments {continupd) Investments in sllbsidiary companies Listed investments Total Charity Cost or valuation At l April 2022 Additions Di5posg15 Recogni5ed gains/Ooss) 2,250.000 3,288.645 141.248 (79,?59) (193.548) 5,538.645 141,248 (79.259) (193.548) At 31 Match 2023 2,250,000 3,157,086 5,407.086 Net book value At 31 March 2023 2,250,000 3,157,08G 5.407,086 At 31 March 2022 2.250,000 3,288.645 5,538.645 Refet to note 34 for ￿Tth¢r ioformgLtiort regarding the 5ubsidiiries 17. Stocks Group 2023 Group 2022 Finished Goods 79,826 88.649 18. Debtors Group 2023 Gioup 2022 Charity 2023 Ch￿lty 2022 Due within one year Trgde dcbtots Other debtors Preplyments xnd 3cciued income Corporauon tax recoverable 1618,371 8,318 1,920,297 2.673.974 23,795 1,505,593 2.277 198 41,685 1,1(16 57,693 4.546,986 4.205.639 41.883 58,799 Bryson Charitable Group (A company limited by guarantee) Notes to the f￿anCial statements For the year ended 31 March 2023 19. Creditors: Amouiits falling due within one year Gioup 2023 Group 202? Charity 2023 Chariry ?022 B￿k overdrafts Tradc crcditors Corporauon tax Jlmuuncs uwed co ¥roup undert2LingTrs Otlicl rax1tiOn <2nd SOCi¢ql SCCUTItJ Oblibuti(Jns under fin11 ncr leJsL and Iiire purchas¢ c()ntracrs ()tlicr creditors Ilccrui18 1nd deferred income 3,616 1,490,285 18,356 1.680,150 37,931 140,210 854,806 234,794 791,861 436.747 i6.147 371,789 196,318 4,728,268 324,6)7 115,535 3,101,J( 24 5,627 1,459,855 452,148 7,600,493 -5,(i(iC),-774 2,593,013 73(),377 Tr2dc and other creditors are Pl￿1b1C it virious date5 in accord8ncc ivirh the suppliers, usuil and custotnary ierms. lid sociil 5CCLifiuc5 rcpii-Iblc at irarious ditcs OlrCL thc coming Inontlis in ii'ith iftx xnd Ruthorit), guidejines. The Charity's activities fall wirl]in the exempuons afforded by the provision of thc Iocorne and Corporntion Toxei Act 1998. Accc)rdinLyl)' there is no thNntion cli2¢ rbre in thcse ICCOLItIis. Tlie102ns in respect OF tlic hire purchftse 2nd finance le2sc Agrccmcnt% arc .sccurcd a￿1n.*1 (lie 2.SSCts to which thcy rc12te. 20. Credttors: Amounts falling due after more than onè year Group Group 2022 2023 Ner obligations under fLll2nce le%se and hirc purchase contracts 671414 848,643 There are no creditoIs falling due more than one year in the chariti,. Bryson Charitablè Group (A company limited by guarantee> Notes to the financial statements For the year ended 31 March 2023 21. Deferred taxation Gtoup 2011 2022 At the beginning of the yeat Chargc foI thc ycar 352,472 82,887 (55,5821 408.054 435,359 352,472 The de£etted cax balance is mide up as follows: Group 2023 Group 2022 Accelerated capital alloiv2rtces Tax1055C5 carried forward Losses and other deductions 440,477 (5.118) (387,552) 10J52 24,728 435,359 352.472 Ln c O Ui Lji o Ln 00 co CO ￿ Ln O O loo￿0& 4kOOtrJOO oothoo O ￿) O o*¢ 0￿0 CO L4> Ln_ co￿0 00 00 ON) o Lrt Ln 00 wo Lp) o J ts) Bryson Charitable Group {A company limited by guarantee) Notes to the financial statements Forthe year ended 31 March 2023 24. Analysis of net assets between funds Groiip Restricted Uncestricted funds funds 2023 2023 Total funds 2023 Tangible fixed ns5ets Iniangible Fix¢d a5Sttts Fixed asset investmcnt5 Tradc invcsimcnis Currcnt Yscts Crediiors dLiC ivirliin onc Ircar Creditors diie in more th1n one Provisic)ns for IiAbilities 2nd chargFes 7,708,378 7,708,378 (276,262) (276,262) 3.157,086 3,157,086 17.326 17,326 9.989,768 10,302,461 (7,600,493) (7,600,493) (672,4141 (672,414) (422.731) (422,731) 312.693 Total -31 ?,693 11,888,030 12,200,723 Chatity Restricted Unrestricted funds fjunds 2023 2023 Total funds 2023 Tli ngiblc Fixed assets Fixed ASs¢r inirestmcnc5 Current 255ers Creditors due ivithin one }ieaL 2,2i2,li5 2,252,155 5,407,086 5,407,086 2,171,565 2,177,072 P,593,013) (2,593,013) 5,507 Total 5,507 7.237.793 7,243,300 Bryson Charitable Group (A company limited by guarantee> Notes to the f￿2￿Cl￿ statements Forthe year ended 31 March 2023 25. Reconclllatlon of net movement in funds to net cash Ilow from operating activities Group 2023 Group 2022 Net income/expenditure for the year (as per Stateoicnt of Financial Acuvitie5) 1,505,886 936.5)5 Adjustments lor: Depteciauon charges TLxation charge Gain on disposal of fixed asscts [￿sSI(S#1￿) on investm￿lS Dccrcase in Stocks (Incre2se)/Decrca5c in debtors IncrtrAsc/(Decrease) in creditots Interest P2y#ble Amorusation of goodwill 871,160 114,801 (8,600) 193,548 8.823 (343.624) 1.915,583 5,820 (80,072) 922,206 (27.581) 9,491 773.395 (647,1?7) 37,39? 9.807) Nct Cash gcnerated fiom operating activities 4,183,325 1,924,524 26. Analysis of cash and cash equivalehts Gtoup 2023 Group 2022 Cash in hand Overdraft Ezeility tepapble on demand 5.675.649 {3,616} 2.406.552 .541) 5.672,033 ?,399,011 27. Analysls of ¢hanges In net debt At l April 2023 Cash flows At 31 March 2023 Cash at bÈDL- 2nd thn hand Bank overdrafts repayAble on demand Finance Icase5 2,406.552 (7.541) 0,173,300) 3,269,097 5,675,649 3.925 (3.616) 129,097 (1,044,203) 1,225.711 3.402.119 4,627.830 Bryson Charitable Group {A company limited by guarantee) Notes to the ffftanci21 st2tements Forthe year ended 31 March 2023 28. Pension commitments The Charits, oper2tes a defined contribullon scheme for their employees. The assets OF rhe scheme 2re held sepiratd}' from those of the chariry. The annual contributions pa}uble are chi¢ r￿a to tlie Stitement of Financial Acuviues. The ttmnunt recognised in incotne or expctkditure 1s an expense in relation EO defined contribuuon pl&ns was: ChariLy - £37,801 (202?: £101,664) Group - £478.9.11 (2022.. £572,242) The balxnce unp%id Jt the s.￿r-end amounred to.. Cliariry, £ 8,171 (202?: £C).4l)l) GroLlP - £inc),320 (?D2?: £?-5,612) 29. Operatlng lease eommitmettts ,It .31 fvlirch ?n?.3 rlic Gruiip 1nd tlic Ch2riry- hid cummitmcnts to m2lNe fLitLire n)inimLin) lellse i)1& I-lncnis Lincler ni)n-c:Incell.Ible ()i)L'r.IrinbT Ic'-,i.%e8 :Is f()Ili)ii-'s'. Group 2023 Group Charity 2023 Charity Not larer tbAn I srear Liter I s'eir and not lltci than 5 s'cars 219,449 176.819 4,860 6,480 4.860 11.340 52,717 396,268 145 ?71 11,340 16.?00 E¥L50 Bryson Charitable Group (A company limited by guarantee) Notes to the fmancial statements For the year ended 31 March 2023 30. Flnance lease commltments: Minimum lease piyments under hire PUTchasc due as fojlows.. Group 2023 Group 2022 Within one year Bettveen 1- 5 years 371,789 672,414 324.657 848.643 1.044,203 1.173.30 There were no 2mouncs repxyablc undcr hiIe putcha5c agrcemerAts in thc chRrity Related party transactions The CharAry has not entered into atty related party trAnsaction duting the year other th2n those with wholly owned group companics, nor are there any outscanding bal2nces owing bcttvccn rdated parues and the Chariry *t 31 Match 2023. The Ch￿lty has tsken exemption from disc105ing relared patry transactions with wholl}. oivned group companie% wider %ecuon 33 of FRS 102. 33. Post balance sheet events There have been no significant post balance sheet events ifFecting the group since the year-end. ZL4) Zts> ZtiJ vi ui I I I