REGISTERED COMPANY NUMBER: 01528035 (England and Wales)
REGISTERED CHARITY NUMBER: 1000793
Trustees, Report and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
Fakenham Community Campus Trust Limited
Stephenson Smart (East Angl ia) Limited
10 Oak Street
Fakenham
Norfolk
NR219DY

Fakenham Community Campus Trust Limited
Contents of the Financial Statements
for the Year Ended 31 March 2024
Page
Tru5tee5' Report
Independent Examiner's Report
ststement of Flnan¢ial Activities
Statement of Financial Posltlon
Statement of Cash Flows
Notes to the Statement of Cash Flows
Notes to the Flnancial Statements
10 to 17
Detailed Statement of Financlal Actlvltles
18

Fakenham Community Campus Trust Limited
Trustees, Report
for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the pvrposes of the Companies Act 2006, present their report
with the financial statements of the charity for the year ended 31 March 2024. The trustee5 have adopted the
provisions of Accounting and Reporting by Charities: 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 IFRS 1021 (effective l January 20191.
Objectives and activities
Objectives and aims
The company's principal objective continues to be that of the advancement of education and the provision of facilities,
in the interests of social welfare, for recreation and leisure-time occupation in the Fakenham area.
The charity aims to make a wide range of activities available to the local community. Our premises hosts weekly
activities such as dance classes, yoga, Citizens advice, FADLOS. blood donors, health services and many others.
The charity has complied with the duty of the trustees in section 17 of the Charities Act 2011 to have due regard to
the public benefit guidance published by the Charity Commission.
Achievements and performance
The trustees are satisfied with the achievements and performance during the year. As the effects of the Covid 19
pandernic continue to reduce, room hire has increased to £58,768 12023.. £44,170). A new online system was also
introduced this year which has improved how user bookings are made and invoiced.
Financial revlew
Total incoming resources from established revenue Streams have increased again from last year. Grants received from
Groundwork UK amounting to £l,00012023.. £5001 and donations received from Fakenham Beer Festival amounting to
£1,750 12023.. Nill. The charity also received bank interest of £56012023.. Nill. Overall income for the year to 31st
March 2024 therefore increased to £62,076 12023.. £44,671). Total expenditure has increased to £56,236 12023..
£52,893) due to increased utility Costs. Combined this ha5 given a net surplus of £5,840 compared to a net deficit of
£8,222 in the previous year.
As at 31st March 2024 the charity held unrestricted reserves of E94,71812023.' £83,4001 and restricted reserves of
£49,30212023.' £54,780).
The committee are in the process of assessin8 risk and are formulatin8 plans to mitigate those areas of risk.
The company's unrestricted reserves policy is to have eriough free reserves to allow for an large repair work. Currently
the free unrestricted reserves are satisfactory for the company's expected needs.
Plans for future periods
The company continues to look to improve areas of the buildi n8 such as the rear garden, as well as looking to increase
use of the centre via improvements to the website and social media communicalion5.
Structure, governance and management
Governing document
The charity Is controlled by it5 governing document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.

Fakenham Community Campus Trust Limited
Trustees, Report
for the Year Ended 31 March 2024
Structure, governance and management
The Fakenham and District Community Centre Limited wès established by Memorandu m of Association on 17 October
1980, to run the Community Centre on behalf of North Norfolk District Council. On 31 December 2012 the companv
changed its name to Fakenham Community Campus Trust Limited and on 6 June 2013 the company adopted a new
Memorandum of Association. The purpose of these changes was to modernise the company's constitution and to
better reflect the company's intention to expand the current community centre's operations and involvement with the
Fakenham Community Campus project.
Legal status
The company is limited by guarantee and has no share capital. The liability of member5 is limited to a sum not
exceeding £25.
Organisation
The company is managed by a committee of rnanagement which meets throughout the year. The committee has the
power to appoint new members. New trustees are given adequate induction for training.
Flnanclal controls
The committee makes decisions about the way the charity is run and keep an eye on budgetary matters.The
committee's policy is to build up reserves in order to be able to keep those areas of the centre which the committee is
responsible for in 3 good state of repair.
Investment powers and restrictions
The committee can undertake investments which are legal, while bearing in mind its main objectives.
Reference and administrative details
Registered Company number
01528035 IEngland and Wales)
Registered Charity number
1000793
Registered office
The Community Centre
Oak Street
Fakenham
Norfolk
NR219DY
Trustees
Mr R G Crook
M5HMDeLyon
MrT E Summers B5cACA
Mrs B Bratt
Mr5 J Holdorn
Ms P J Bucknell
Company Secretary
Mr R G Crook

Fakenham Community Campus Trust Limited
Trustees, Report
for the Year Ended 31 March 2024
Reference and admlnistrative details
Independent Examiner
Mr Mike Rowles FCCA
Stephenson Smart IEast Anglial Limited
10 Oak Street
Fakenham
Norfolk
NR219DY
Approved by order of the board of trustees on
and signed on its behalf by..
Mrs
Trustee

Independent Examiner's Report to the Trustees of
Fakenham Community Campus Trust Limited
Independent examiner's report to the trustees of Fakenham Community Campus Trust Limited {'the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible
for the preparation of the accounts in acctsrdance with the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination of your charity's accounts as
carried out under Section 145 of the Charities Att 2011 I'the 2011 Act'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act.
Independent examiner'5 Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or
the accounts do not accord with those records,. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter Considered as part of an
independent examination,. of
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the U K and Republic of Ireland IFRS
10211.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Mike Rowles FCCA
The Association of Chartered Certified Accountants
Stephen50n Smart IEast Anglial Limited
10 Oak Street
Fakenham
Norfolk
NR219DY
Date..

Fakenham Community Campus Trust Limited
Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
fund
Restricted
funds
Notes
Income and endowments from
Donations and legacies
2,748
2,748
501
Charitable activlties
Charitable
58,768
58,768
44,170
Investment income
560
560
Total
62,076
62,076
44,671
Expenditure on
Charitable activities
Charitable
50,758
5,478
56,236
52,893
NET INCOMEIIEXPENDITUREI
11,318
15,4781
5,840
18,2221
Reconclliation of funds
Total funds brought forward
83,400
54,780
138,180
146,402
Total funds carrled fonvard
94,718
49,302
144,020
138, 180
The notes form part of these financial statements

Fakenham Community Campus Trust Limited
Statement of Financial Position
31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
fund
Restricted
funds
Notes
Fixed assets
Tangible assets
34,510
49,302
83,812
90,947
Current asset5
Debtors
Cash at bank and in hand
8,957
56,331
8,957
56,331
6,807
44,038
65,288
65,288
50,845
Creditors
Amounts falling due within one year
15,0801
15,0801
13,6121
Net current assets
60,208
60,208
47,233
Total assets less current IlabllSties
94,718
49,302
144,020
138, 180
NET ASSETS
94,718
49,302
144,020
138,180
Funds
Unrestricted funds
Restricted funds
94,718
49,302
83,400
54,780
Total funds
144,020
138, 180
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The members have not required the company to obtain an audit of it5 financial statements for the year ended
31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustee5 acknowledge their responsibilitie5 for
lal
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companie5 Act 2006 and
preparing financial statements which give a true and fair view of the State of affairs of the charitable companv
as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Section5 394 and 395 and which otherwise comply with the requirements of the Companies
Act 2006 relating to financial statements, so far as applicable to the charitable company.
Ibl
The notes form part of these financial statements

Fakenham Community Campus Trust Limited
Statement of Financial Position continued
31 March 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue
and were signed on its behalf by=
on
Mrs
Trustee
Mr T E Summers BSC ACA- Trustee
The notes form part of these financial statements

Fakenham Community Campus Trust Limited
Statement of Cash Flows
for the Year Ended 31 March 2024
31.3.24
31.3.23
Notes
Cash flows from operating activities
Cash generated from operations
Interest paid
14,013
11541
2,933
11191
Net cash provided by operating activities
13,859
2,814
Cash flows from investlng activities
Purchase of tangible fixed assets
Interest received
12.1261
560
18,8871
Net cash used in investing activities
11,5661
18,8871
Change In cash and cash equivalents In the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
12,293
16,0731
44,038
50,111
Cash and cash equivalents at the end of
the reporting period
56,331
44,038
The notes form part of these financial statements

Fakenham Community Campus Trust Limited
Notes to the Statement of Cash Flows
for the Year Ended 31 March 2024
Reconciliation of net income/{expenditurel to net cash flow from operating attivities
31.3.24
31.3.23
Net income/{expenditure) for the reportin8 period las per the
Statement of Financial Activities)
Adjustments for..
Depreciation Charges
Interest received
Interest paid
Increase in debtors
Increase in creditors
5,840
18,2221
9,261
15601
154
12,1461
1,464
9,763
119
15421
1,815
Net cash provided by operations
14,013
2,933
Analysls of changes In net funds
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
44,038
12,293
56,331
44,038
12,293
56,331
Total
44,038
12,293
56,331
The notes form part of these financial statements

Fakenham Community Campus Trust Limited
Notes to the Financial Statements
for the Year Ended 31 March 2024
Accounting policies
Basis of preparing the financial statements
The financial statements of the char￿table company, which is 3 public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. 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 IFRS 1021 leffective I january 20191,, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make jud8ements, 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.
Incoming resources
All incoming resources are included in the statement of financial activities when the 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 followin8 specific policies are applied to particular categories of
income:
income from donations or grants is recognised when there is evidence of entitlement to the 8ift, receipt 15
probable and its amount can be measured reliablv.
le8acy income is recognised when the receipt is probable and entitlement is established.
income from donated goods is measured at fair value of the goods unless thi5 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 voltjnteers.
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 re8arded as restricted.
Resources expended
All expenditure is included on an accrua15 basis and is recognised when there is a legal or constructive
obligation to pay for expenditure. The charity is not re8lStered for VAT and accordingly expenditure is shown
gross of irrecoverable VAT.
Expenses are apportioned where necessary. Fundraising costs are those in seeking voluntary contributions and
do not include the costs of disseminatin8 information in support of charitable activitie5. Charitable activities
costs are those costs incurred directly in respect of expenditure on the objects of the charity.
Governance costs are those incurred in connection with the administration of the charity.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
Fixtures & fittings
IO% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
10

Fakenham Community Campus Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
Accounting policies- continued
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance
of general objectives ol the charity and which have not been designated for any other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or
which have been raised by the charity for particular purposes. The cost of raising and administering such funds
are charged against the specific fund.
Hire purchase and leasing commitments
Rentals paid under operatin8 leases are charged to the Statement of Financial Activities on a straight line basis
over the period of the lease.
Going concern
There are no material uncertainties about the charity's ability to continue.
Financial Instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual
provisions of the in5trurnent.
Basic financial instruments are initially reco8nised at the amount receivable or payable including any related
transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected
to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can othetwise be measured reliably, the
investment 15 Subsequently measured at fair value with char)ges in fair value recognised in income and
expenditure. All other such investments are subsequently measured at C05t less impairment,
Other financial instruments, including derivatives, are initially reconsider at fair value, unless payment for an
asset is deferred beyond the normal business terms or financed at a rate of interest that is not a market rate,
in which case the asset is measured at present value of the future payments discounted at a market rate of
interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any change5 recognised in the
statement of financial activities, with the exception of hedging instruments in a designated hedging
relationship.
Financial 3s5et5 that are measured at cost or amortised cost are reviewed for objective evidence of irnpairment
at the end pf each reporting date. If there is objective evidence of impairment, an impairment Ioss 15
reconsider under the appropriate heading in the statement of financi31 activities in which the initial gain was
recognised.
11

Fakenham Community Campus Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
Accounting policies- continued
For all equity instruments regardless of significance, and other financial assets that are individually significant,
these are assessed individually for impairment. Other financial assets are either assessed individually or
grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a
carrying amount of the financial a55et that exceeds what the carrying amount would have been had the
impairment not previously been recognised.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being
estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is
impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it 15 not possible to estimate the recoverable amount of an
individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset
belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and
generates cash flows that largely independent of the cash inflows from other assets or 8roups.
For impairrnent testing of goodwill, the goodwill acquired in a business combination is, From the acquisition
date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the
combination, irrespective of whether other assets or liabilitie5 of the charity are assigned to those units,
Investment Income
31.3,24
Total
funds
31.3.23
Total
funds
Unrestrlcted
funds
Restricted
funds
Deposit account interest
560
560
Net incomellexpendlture)
Net incorne/lexpenditurel is stated after chargin81lcreditin81:
31.3.24
31.3.23
Depreciation - owned assets
Other operating leases
9,261
2,101
9,763
2,022
12

Fakenham Community Campus Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
Trustees, remuneration and benefits
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Comparatlves for the statement of financlal activities
Unrestricted
fund
Restricted
funds
Total
funds
Income and endowments from
Donations and legacies
501
501
Charitable activities
Charitable
44,170
44,170
Total
44,671
44,671
Expendlture on
Charitable actlvltles
Charitable
46,807
6,086
52,893
NET INCOME/IEXPENDITUREI
12, 1361
16,0861
18,2221
Reconciliation of funds
Total funds brought forward
85,536
60,866
146,402
Total funds carried forward
83,400
S4,780
138,180
13

Fakenham Community Campus Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
Tangible fixed assets
Fixtures &
fittings
Cost
At l April 2023
Additions
217,108
2,126
At 31 March 2024
219,234
Depreciation
At l April 2023
Charge for year
126,161
9,261
At 31 March 2024
135,422
Net book value
At 31 March 2024
83,812
At 31 March 2023
90,947
Debtors: amounts falling due within one year
31.3.24
31.3.23
Trade debtor5
Prepayments
8,473
484
6,457
350
8,957
6,807
Creditors: amounts fallin8 due within one year
31.3.24
31.3.23
Provision for doubtful debts
Accrua15 ond deferred income
1, 125
3,955
904
2,708
5,080
3,612
14

Fakenham Community Campus Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
MovÈmÈnt In funds
Net
movement
in funds
At 1.4.23
At 31.3.24
Unrestricted funds
General fund
83,400
11,318
94,718
Restricted funds
Chair fund
Light fund
Awards for all fund
Hall floor fund
Kitchen refit fund
1,349
929
39,216
6,725
6,561
11351
1931
13,9221
16721
16561
1.214
836
35,294
6,053
5,905
54,780
15,4781
49,302
TOTAL FUNDS
138,180
5,840
144,020
Net movement in fund5, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
In funds
Vnrestrlrted funds
General fund
62,076
150,7581
11,318
Restricted funds
Chair fund
Light fund
Awards for all fund
Hall floor fund
Kitchen refii fund
11351
1931
13,9221
16721
16561
11351
1931
13,9221
16721
16561
15,4781
15,4781
TOTAL FUNDS
62,076
156,2361
5,840
15

Fakenham Community Campus Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
Movement In funds- continued
Comparatives for movement in funds
Net
movement
in funds
At 1.4.22
At 31.3.23
Unrestricted funds
General fund
85,536
12,1361
83,400
Restrl¢ted funds
Chair fund
Light fund
Awards for all fund
Hall floor fund
Kitchen refit fund
1,499
1,032
43,573
7,472
7,290
11501
11031
14,3571
17471
17291
1,349
929
39,216
6,725
6,561
60,866
16,0861
54,780
TOTAL FUNDS
146,402
18,2221
138,180
Comparative net movement in funds, included in the above are as follows..
IncomSn8
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
44,671
146,8071
12,1361
Restricted funds
Chair fund
Light fund
Awards for all fund
Hall floor fund
Kitchen refit fund
11501
11031
14,3571
17471
17291
11501
11031
14,3571
17471
17291
16,0861
16,0861
TOTAL FUNDS
44,671
152,8931
18,2221
Chair fund - To buy new chairs for the community centre.
Lights fund - To help with the purchase of new stage lighting.
Awards for all fund - To improve the entrance lobby and meeting rooms.
Hall floor fund To replace the main hall floorin8 of the community centre.
Kitchen refit fund To refit the kitchen of the comrnunity centre.
16

Fakenham Community Campus Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
io.
Related party disclosures
There were no related party transactions for the year ended 31 March 2024.
ii.
Limited by guarantee
The member5 of the company have agreed to contribute £25 each to the assets of the company in the event of
it being wound up.
12.
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in Ensland and
Wales and a registered charity in England and Wales. The address of the re8lStered office is The Community
Centre, Oak Street, Fakenham, Norfolk, N R219DY.
13.
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 IFRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2006.
17

Fakenham Community Campus Trust Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
Income and endowments
Donations and legacies
Donations
Grants
1,750
998
501
2,748
501
Investment income
Deposit account interest
560
Charitable activities
Room hire
58,768
44,170
Total incoming resources
62,076
44,671
Expenditure
Charltable actlvltles
TV, telephone and website
Rates and water
Insurance
Light and heat
Repairs and renewals
Cleanin8 and laundry
Maintenance charges
Sundries
Bad debts
Fixtures and fittings
8ank interest
2,101
3,662
1,271
10,577
8,386
2,761
14,201
2,000
1,125
9,261
154
2,022
1,273
958
8,757
7,798
3,809
14,976
1,501
1,077
9,763
119
55,499
52,053
Support costs
Governance costs
Accountancy fees
737
840
Total resources expended
56,236
52,893
Net income/{expenditurel
5,840
18,2221
This page does not form part of the statutory financial statements
18