Future Horizons Leeds Charity Accounts

Future Horizons Leeds Charity Accounts

FUTURE HORIZONS LEEDS - Company Information

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COMPANY REGISTRATION NUMBER: 09082527
CHARITY REGISTRATION NUMBER: 1178978
FUTURE HORIZONS LEEDS
Company Limited by Guarantee
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 August 2023
FUTURE HORIZONS LEEDS
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 30 AUGUST 2023
PAGE
Trustees' annual report (incorporating the director's report)
1
Independent auditor's report to the members
5
Statement of financial activities (including income and expenditure account)
9
Statement of financial position
10
Statement of cash flows
11
Notes to the financial statements
12
FUTURE HORIZONS LEEDS
COMPANY LIMITED BY GUARANTEE
TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 30 AUGUST 2023
The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 30 August 2023 .
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name
Future Horizons Leeds
Charity registration number
1178978
Company registration number
09082527
Principal office and registered
Unit 1
office
2 Wyther Lane
Kirkstall
Leeds
LS5 3BT
United Kingdom
THE TRUSTEES
J R Robson
M Handscombe
S Morgan
AUDITOR
Wine & Co
Chartered accountants & statutory auditor
20-22 Bridge End
Leeds
LS1 4DJ
STRUCTURE, GOVERNANCE AND MANAGEMENT
Nature of governing document
The governing document is the Memorandum and Articles of Association dated 7 June 2018 as revised and lodged at Companies House.
Arrangements for setting key management personnel remuneration
Key management personnel is regarded as being Sarah Williams whose remuneration is set by the trustees.
OBJECTIVES AND ACTIVITIES
The charity's objects are for the public benefit to relieve need and preserve health of those with physical/learning disability but not limited to, young adults, through the development of individual capabilities, competences and understanding for life.
Future Horizons Leeds is a charitable organisation providing person-centred day provision for young adults aged 19-25 with complex learning and communication difficulties. We aim to provide a holistic, person-centred service that prioritises the well-being and personal progress of everyone attending.
Future Horizons Leeds (FHL) began in 2015 in response to the perceived need for high quality care and education for young adults with complex needs once they leave special school at 19. Weekday provision opened in 2016 and currently FHL operates 6 days per week 50 weeks of the year. FHL was granted charity status in June 2018.
The Trustees
The trustees who set the strategic direction of FHL have considerable expertise in special needs:- Michelle Handscombe is the Principal of a special school with over 20 years' experience of working in special education; Shelley Robson has a business background with experience in a senior manager for CAMHS and is also Mum to one of FHL's clients; Sue Morgan, now retired, is a qualified teacher with experience in teaching SEN and 12 years as a senior manager in the local authority leading on SEN statutory assessment and finance. This high level of knowledge and experience enable the trustees work closely with the staff to ensure provision is of the highest quality.
The Trustees give due regard to the guidance issued by the Charity Commission on public benefit in all decisions made regarding the running of FHL.
ACHIEVEMENTS AND PERFORMANCE
FHL operates out of two buildings, one in Kirkstall and one in South Leeds. Both buildings are fully accessible, adapted to the needs of our students and are bright pleasant environments following considerable investment by the Trustees. Both buildings are on a commercial lease.
FHL has a commercial kitchen, art, and sensory rooms as well as all the appropriate care facilities required for young adults with complex needs.
FHL has high staff to student ratios that enable the provision of bespoke, person-centred activities and goals, helping clients to communicate effectively, make choices, and participate in all activities according to their personal abilities and aspirations. The majority of FHL staff are recruited with expertise in SEN; many of them come from the special school and care sectors and already know and understand the needs of our students. Those that do not are provided with the appropriate training. FHL ensures that all mandatory policies and procedures such as safeguarding, health and safety and managing medicines are in place and regularly updated.
FHL has four vehicles which we use to enable our students to access specialist facilities off-site and provide a range of outdoor activities which are integral to programmes focusing on developing independence and social skills and experiences within the community.
Capacity and Service Users
FHL has capacity to make provision for about 50 learners. This is somewhat flexible as it is dependent on the needs of the young people. Admission to FHL is based on being named in a young person's EHCP and/or an assessment by Adult Social Care together with the ability of FHL to meet the needs of the young person.
Initially FHL was created to deliver social care, however in May 2021 the due diligence processes necessary to enable FHL to deliver post 19 education were completed. Future Horizons is now registered with the DFE as an independent specialist college and is inspected under the Ofsted framework. The workforce has expanded and diversified to include teachers, instructors and tutors as well as support staff.
FINANCIAL REVIEW
FHL clients are funded through Local Authorities (LA's), either from the Adult Social Care budget or the Education budget, with additional funding received from the ESFA for an Education placement. The LA's work with FHL and families to develop and provide the most appropriate package of education, support and care based on the young person's needs.
FHL remains a young company, founded in 2014 by volunteers but now maintains an established good reputation in Leeds. The priority of the Trustees is to maintain the sustainability of the organisation whilst always ensuring clients get the highest quality care and support.
The Trustees have made considerable, additional investment in a second site and the workforce, based on projections of an increased income due to additional demand. The addition of education to FHL's offer provides greater scope for developing the client base as well as providing some financial stability through the LA purchasing places in advance.
The Trustees are confident that FHL will continue the steady trajectory of growth observed over recent years.
FINANCIAL INSTRUMENTS
The charity's principal financial instruments comprise bank balances, trade creditors, and trade debtors. The main purpose of these instruments is to raise funds for the charity's operation and to finance the charity's operations.
Due to the nature of the financial instruments used by the charity there is no exposure to price risk. The charity's approach to managing other risks applicable to the accounting instruments concerned is shown below.
Trade debtors are managed in respect of credit and cash flow risk by policies concerning the credit offered to customers and the regular monitoring of amounts outstanding for both time and credit limits.
Trade creditors liquidity risk is managed by ensuring sufficient funds are available to meet amounts due.
TRUSTEES' RESPONSIBILITIES STATEMENT
The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
AUDITOR
Each of the persons who is a trustee at the date of approval of this report confirms that:
- so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware; and - they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 1 May 2024 and signed on behalf of the board of trustees by:
M Handscombe
Trustee
FUTURE HORIZONS LEEDS
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FUTURE HORIZONS LEEDS
YEAR ENDED 30 AUGUST 2023
OPINION
We have audited the financial statements of Future Horizons Leeds (the 'charity') for the year ended 30 August 2023 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 30 August 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006.
BASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
OTHER INFORMATION
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the trustees' report has been prepared in accordance with applicable legal requirements.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the directors' report and from the requirement to prepare a strategic report.
RESPONSIBILITIES OF TRUSTEES
As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Irregularities that result from fraud are inherently more difficult to detect than irregularities that result from error. We consider that our audit procedures are designed and carried out to give a reasonable expectation that material misstatements resulting from fraud would be discovered. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. - Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. USE OF OUR REPORT
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.
DAVID SCOTT
(Senior Statutory Auditor)
For and on behalf of
Wine & Co
Chartered accountants & statutory auditor
20-22 Bridge End
Leeds
LS1 4DJ
1 May 24
FUTURE HORIZONS LEEDS
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 30 AUGUST 2023
Year to 30 Aug 23
Period from 1 Jul 21 to 30 Aug 22
Unrestricted funds
Total funds
Total funds
Note
£
£
£
Income and endowments
Charitable activities
5
1,982,216
1,982,216
1,580,531
------------
------------
------------
Total income
1,982,216
1,982,216
1,580,531
------------
------------
------------
Expenditure
Expenditure on charitable activities
6,7
( 1,753,297)
( 1,753,297)
( 1,519,089)
------------
------------
------------
Total expenditure
( 1,753,297)
( 1,753,297)
( 1,519,089)
------------
------------
------------
------------
------------
------------
Net income and net movement in funds
228,919
228,919
61,442
------------
------------
------------
Reconciliation of funds
Total funds brought forward
450,338
450,338
388,896
------------
------------
------------
Total funds carried forward
679,257
679,257
450,338
------------
------------
------------
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
FUTURE HORIZONS LEEDS
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL POSITION
30 August 2023
2023
2022
Note
£
£
£
£
FIXED ASSETS
Tangible fixed assets
11
218,661
223,213
CURRENT ASSETS
Debtors
12
203,054
195,009
Cash at bank and in hand
329,371
110,385
---------
---------
532,425
305,394
CREDITORS: amounts falling due within one year
13
( 71,829)
( 78,269)
---------
---------
NET CURRENT ASSETS
460,596
227,125
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
679,257
450,338
---------
---------
NET ASSETS
679,257
450,338
---------
---------
FUNDS OF THE CHARITY
Unrestricted funds
679,257
450,338
---------
---------
Total charity funds
15
679,257
450,338
---------
---------
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 1 May 24 , and are signed on behalf of the board by:
M Handscombe
Trustee
FUTURE HORIZONS LEEDS
COMPANY LIMITED BY GUARANTEE
STATEMENT OF CASH FLOWS
YEAR ENDED 30 AUGUST 2023
2023
2022
£
£
CASH FLOWS FROM OPERATING ACTIVITIES
Net income
228,919
61,442
Adjustments for:
Depreciation of tangible fixed assets
54,127
55,209
Accrued expenses/(income)
3,500
( 3,020)
Changes in:
Trade and other debtors
( 8,045)
( 25,109)
Trade and other creditors
( 9,940)
42,225
---------
---------
Cash generated from operations
268,561
130,747
---------
---------
Net cash from operating activities
268,561
130,747
---------
---------
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of tangible assets
( 49,575)
( 63,031)
---------
---------
Net cash used in investing activities
( 49,575)
( 63,031)
---------
---------
NET INCREASE IN CASH AND CASH EQUIVALENTS
218,986
67,716
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
110,385
42,669
---------
---------
CASH AND CASH EQUIVALENTS AT END OF YEAR
329,371
110,385
---------
---------
FUTURE HORIZONS LEEDS
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 AUGUST 2023
1. GENERAL INFORMATION
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Unit 1, 2 Wyther Lane, Kirkstall, Leeds, LS5 3BT, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold improvements
-
10% straight line
Fixtures and fittings
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Computer equipment
-
33% straight line
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. LIMITED BY GUARANTEE
The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
5. CHARITABLE ACTIVITIES
Unrestricted Funds
Total Funds 2023
Unrestricted Funds
Total Funds 2022
£
£
£
£
Fees receivable
1,981,806
1,981,806
1,569,305
1,569,305
Other income
410
410
11,033
11,033
Government grants receivable
–
–
193
193
------------
------------
------------
------------
1,982,216
1,982,216
1,580,531
1,580,531
------------
------------
------------
------------
6. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
Unrestricted Funds
Total Funds 2023
Unrestricted Funds
Total Funds 2022
£
£
£
£
Young adults care and education provision
1,721,290
1,721,290
1,481,216
1,481,216
Support costs
32,007
32,007
37,873
37,873
------------
------------
------------
------------
1,753,297
1,753,297
1,519,089
1,519,089
------------
------------
------------
------------
7. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE
Activities undertaken directly
Support costs
Total funds 2023
Total fund 2022
£
£
£
£
Young adults care and education provision
1,721,290
–
1,721,290
1,481,216
Governance costs
–
32,007
32,007
37,873
------------
--------
------------
------------
1,721,290
32,007
1,753,297
1,519,089
------------
--------
------------
------------
8. NET INCOME
Net income is stated after charging/(crediting):
2023
2022
£
£
Depreciation of tangible fixed assets
54,127
55,209
--------
--------
9. STAFF COSTS
The total staff costs and employee benefits for the reporting period are analysed as follows:
Period from
Year to
1 Jul 21 to
30 Aug 23
30 Aug 22
£
£
Wages and salaries
978,398
906,441
Social security costs
72,003
55,500
Employer contributions to pension plans
41,974
35,856
------------
---------
1,092,375
997,797
------------
---------
The average head count of employees during the year was 51 (2022: 51 ). The average number of full-time equivalent employees during the year is analysed as follows:
2023
2022
No.
No.
Administrative staff
51
51
----
----
The number of employees whose remuneration for the year fell within the following bands, were:
2023
2022
No.
No.
£60,000 to £69,999
1
1
----
----
10. TRUSTEE REMUNERATION AND EXPENSES
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
11. TANGIBLE FIXED ASSETS
Leasehold Property Improve -ments
Fixtures and fittings
Motor vehicles
Computer Equipment
Total
£
£
£
£
£
Cost
At 31 August 2022
201,366
118,404
19,745
3,990
343,505
Additions
7,209
6,024
–
36,342
49,575
---------
---------
--------
--------
---------
At 30 August 2023
208,575
124,428
19,745
40,332
393,080
---------
---------
--------
--------
---------
Depreciation
At 31 August 2022
53,837
55,648
9,255
1,552
120,292
Charge for the year
20,859
17,200
2,623
13,445
54,127
---------
---------
--------
--------
---------
At 30 August 2023
74,696
72,848
11,878
14,997
174,419
---------
---------
--------
--------
---------
Carrying amount
At 30 August 2023
133,879
51,580
7,867
25,335
218,661
---------
---------
--------
--------
---------
At 30 August 2022
147,529
62,756
10,490
2,438
223,213
---------
---------
--------
--------
---------
12. DEBTORS
2023
2022
£
£
Trade debtors
165,957
164,016
Prepayments and accrued income
37,097
30,993
---------
---------
203,054
195,009
---------
---------
13. CREDITORS: amounts falling due within one year
2023
2022
£
£
Trade creditors
36,167
51,137
Accruals and deferred income
9,000
5,500
Social security and other taxes
20,152
15,053
Other creditors
6,510
6,579
--------
--------
71,829
78,269
--------
--------
14. PENSIONS AND OTHER POST RETIREMENT BENEFITS
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 41,974 (2022: £ 35,856 ).
15. ANALYSIS OF CHARITABLE FUNDS
Unrestricted funds
At 31 August 2022
Income
Expenditure
At 30 August 2023
£
£
£
£
General funds
450,338
1,982,216
(1,753,297)
679,257
---------
------------
------------
---------
At 1 July 2021
Income
Expenditure
At 30 August 2022
£
£
£
£
General funds
388,896
1,580,531
(1,519,089)
450,338
---------
------------
------------
---------
16. ANALYSIS OF CHANGES IN NET DEBT
At 31 Aug 2022
Cash flows
At 30 Aug 2023
£
£
£
Cash at bank and in hand
110,385
218,986
329,371
---------
---------
---------