Company Registration Number - 02732801
The Charity Registration Number is :- 1013507
The Riley-Smith Hall Charitable Company
Report and Accounts
31 July 2022
The Riley-Smith Hall Charitable Company
Report and accounts for the year ended 31 July 2022
Contents
| Page | ||
|---|---|---|
| Charity information | 1 | |
| Trustees' Annual Report | 1 | |
| Statement of directors' responsibilities | 7 | |
| Independent Accountant's Report | 9 | |
| Funds Statements:- | ||
| Statement of Financial Activities | 11 | |
| Statement of Financial Activities - Prior Year statement | 12 | |
| Statement of total recognised gains and losses | 12 | |
| Movements in funds | 12 | |
| Revaluation reserves | 13 | |
| Revenue Funds | 13 | |
| Fixed Asset funds | 13 | |
| Income and Expenditure account | 14 | |
| Summary of funds | 14 | |
| Balance sheet | 15 | |
| Notes to the accounts | 17 |
The Riley-Smith Hall Charitable Company
Company Registration Number - 02732801
Trustees' Annual Report for the year ended 31 July 2022
The Trustees present their Report and Accounts for the year ended 31 July 2022, which also comprises the Directors' Report required by the Companies Act 2006.
Reference and administrative details
The charity name.
The legal name of the charity is:- The Riley-Smith Hall Charitable Company.
The charity is also known by its operating name, The Riley-Smith Hall Charitable Company.
The charity's areas operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1013507.
.
The charity does not operate in any overseas jurisdictions.
Legal structure of the charity
The charity is constituted as a company limited by guarantee, registered under the Companies Act. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals.
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The Riley-Smith Hall Charitable Company
Company Registration Number - 02732801
Trustees' Annual Report for the year ended 31 July 2022
The principal operating address, telephone number, email and web addresses of the charity are:-
28 Westgate Tadcaster, North Yorkshire LS24 9AB Telephone 01937 832289
Email : info@rileysmithhall.org.uk web: www.rileysmithhall.org.uk
The registered office of the charity for Companies Act purposes is the same as the operating address shown above.
The Trustees in office on the date the report was approved were:-
Christian Horton Clive Auton Christine Bleasby Hugh Barson Susan Cole Lucy Allis
Patron
The Patron of the charity is Tobias Riley-Smith.
The Articles of Association state the Patron's written consent is required to:
a)make any alterations or additions whatsoever to the fabric of the Riley-Smith Hall;
b)authorise any change of use of the Riley-Smith Hall whether of a permanent or temporary nature for use or uses which are not provided for in the objects clause;
c)dispose of any freehold or leasehold interests in the Riley-Smith Hall provided that the creation of a licence for the non-exclusive occupation of the Hall for a period not exceeding seven days shall not constitute a disposal;
d)alter the colour scheme of the Riley-Smith Hall;
To this extent and this extent only he would fall within the definition of a Trustees Under the Charity Act 2011.
The following persons served as Trustees during the year ended 31 July 2022 :-
The trustees who served as a trustee in the reporting period were as shown above. In addition Mrs Eleanor Stenson who served part way through year, resigning on 5 January 2022.
At the Annual General Meeting no trustees are retiring office
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The Riley-Smith Hall Charitable Company
Company Registration Number - 02732801
Trustees' Annual Report for the year ended 31 July 2022
Objects and activities of the charity
The purposes of the charity as set out in its governing document.
The objects for which the Charity is established are:
The acquisition preservation and protection for the benefit of the residents of Tadcaster of The Riley-Smith Hall Tadcaster; and
The provision and maintenance of a Hall for the use of the inhabitants of Tadcaster without distinction of political religious or other opinions in an effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants.
The main activities undertaken in relation to those purposes during the year.
The main activities undertaken by the Charity were:
To provide a facility for use by the local community and to use funds obtained to maintain the Hall and;
To preserve and maintain the fabric of the building so it is as appealing and high quality as possible.
The main activities undertaken during the year to further the charity's purpose for the public benefit.
The main activities undertaken by the charity during the year were to maintain the Hall to enable it to be available for use by the local community without distinction of political, religious or other opinions in an effort to advance education and social welfare for recreation and leisure time for its inhabitants.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
The contribution of volunteers during the year.
The charity consists of the six Trustees who are all volunteers.
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The Riley-Smith Hall Charitable Company
Company Registration Number - 02732801
Trustees' Annual Report for the year ended 31 July 2022
The main achievements and performance of the charity during the year.
The Trustees are delighted to report that, after the problems encountered as a result of the COVID19 epidemic, the hall is, once again, fully operational, with the vast majority of our regular users returning after the enforced break in their activities. A further £4000 (hospitality sector relief) of government assistance in January ‘22 was much appreciated The booking diary is filling up quickly for 2023 and beyond.
We previously reported that our gas boiler was at the end of its useful working life and we have commissioned contractors to install a replacement. This work is due to be completed by the end of August 2022 and it is worth acknowledging, at this point, the very generous grant of £2000 we received from Selby District Council. The provision of these funds was facilitated by our local District Councillor, Andrew Lee, to whom we offer our grateful thanks.
Whist the above work is being undertaken, with the hall being closed for its usual 2 week maintenance break, we have utilised the opportunity to also have our fire alarm system replaced and smoke detectors installed, which will enhance the level of safety we are able to provide.
The difference the charity's performance during the year has made to the beneficiaries of the charity and to wider society.
The charity has continued to successfully provide a facility within the town for the benefit of all local residents and the wider community. The charity operates without discrimination and welcomes working with local groups and individuals to provide a space which can be utilised by members of the community for a variety of uses.
Structure, governance and management of the charity
The methods used to recruit and appoint new charity trustees.
New trustees are recruited from the local community. New Trustees are appointed in accordance with our Articles of Association.
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The Riley-Smith Hall Charitable Company
Company Registration Number - 02732801
Trustees' Annual Report for the year ended 31 July 2022
The charity's relationships with related parties.
Bar and catering services are provided on an on-demand basis by a third party if and when hall hirers require these services. These services are in the capable hands of Mrs K Fowkes. Her husband, John, who, along with Karen provided these services until recently, unfortunately passed away in June of this year and he is sadly missed. The trustees are keen to support Karen in any way they can during this difficult time.
Provision of service contracts, which are reviewed annually, are in place between the charity and the bar and catering providers
The Trustees' bankers and advisors
Bankers HSBC, 11 North Street, Wetherby, LS22 6NT Solicitors Elmhirst Parker, The Cross, Sherburn in Elmet, LS25 6BH Surveyors Malcolm Stuart, Wilton House, Station Road, Tadcaster, LS24 9SG Accountants Woolley & Co, Crown House, York Road, Shiptonthorpe, York, YO43 3PF
Financial review
The charity's financial position at the end of the year ended 31 July 2022
The financial position of the charity at 31 July 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
| Designated Fixed Asset Funds Total Unrestricted Funds Restricted Revenue Funds Total Restricted Funds Total Funds Unrestricted Revenue Funds available for the general purposes of the charity Net income Unrestricted revaluation reserve |
2022 £ 16,727 77,318 64,681 172,818 314,817 2,000 2,000 316,817 |
2021 £ (18,081) 55,430 64,681 179,979 300,090 - - 300,090 |
|---|---|---|
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The Riley-Smith Hall Charitable Company
Company Registration Number - 02732801
Trustees' Annual Report for the year ended 31 July 2022
Financial review of the position at the reporting date, 31 July 2022 .
The trustees consider the financial performance by the charity during the year to have been satisfactory.
Specific changes in fixed assets are detailed in the notes to the accounts.
Policies on reserves.
The reserves of the charity are all unrestricted. The trustees consider that ideally reserves should be set at six month's running costs, which, given the increased gas and electricity costs, we feel should be increased from the current figure of £25,000 to £30,000 to cover the event of any cash crisis. As at the reporting date, the charity had reserves well in excess of this figure but the recent expenditure detailed below should be noted.
The gas boiler and fire alarm system have been replaced, as anticipated, since July 2022 at a cost of £38000 as detailed in our performance review, above. Our reserve levels are now in line with what is considered prudent
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
Plans For the Future
Summary of plans for the future and the trustees' perspective of the future direction of the charity.
The hall is celebrating its centenary in 2024 and the Trustees have ambitious plans to improve the facilities we have to offer in recognition of this event. We are in the early stages of submitting an application for grant funding for the National Lottery Heritage Fund. We have already commissioned a full survey of the property and, together with Tom Bromet of Donald Insall Associates, we hope to be in a position to submit detailed plans to enhance the appeal of the hall, in support of our application, in the coming months.
Details of The Independent Examiner
Robert Woolley FCCA, CTA
Member of Certified Accountants Crown House Town Street Shiptonthorpe East Yorkshire YO43 3PF
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Company Registration Number - 02732801
The Riley-Smith Hall Charitable Company
Trustees' Annual Report for the year ended 31 July 2022
Statement of the Directors Trustees' Responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
-
to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
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select suitable accounting policies and apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. 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.
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The Riley-Smith Hall Charitable Company
Company Registration Number - 02732801
Trustees' Annual Report for the year ended 31 July 2022
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
Method of preparation of accounts - Small company provisions
The financial statements are set out on pages 11 to 33.
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)
These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
This report was approved by the board of trustees on 30 November 2022.
Christian Horton Director and Trustee
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The Riley-Smith Hall Charitable Company
Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 July 2022
I report to the Trustees on my examination of the financial statements of the charitable company on pages 11 to 33 for the year ended 31 July 2022 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 19.
Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report
As described on page 9, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of Independent Examiner's Statement and scope of work undertaken
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
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The Riley-Smith Hall Charitable Company
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
Independent Examiner's Statement, Report and Opinion
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 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;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
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 financial statements to be reached.
Signed:-
Robert Woolley FCCA, CTA - Independent Examiner
Certified Accountants
Crown House Town Street Shiptonthorpe East Yorkshire YO43 3PF
This report was signed on 0 January 1900
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The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2022
Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 July 2022, as required by the Companies Act 2006)
| Current year Unrestricted Funds 2022 £ Income & Endowments from: Donations & Legacies A1 4,070 Charitable activities A2 59,087 Other trading activities A3 1,131 Investments A4 1 Total income A 64,289 Expenditure on: Charitable activities B2 49,562 Total expenditure B 49,562 Net income for the year 14,727 Transfers between funds C - Net income after transfers A-B-C 14,727 14,727 Reconciliation of funds:- E Total funds brought forward 300,090 Total funds carried forward 314,817 SORP Ref Net movement in funds |
Current year Restricted Funds 2022 £ 2,000 - - - 2,000 - - 2,000 - 2,000 2,000 - 2,000 |
Current year Total Funds 2022 £ 6,070 59,087 1,131 1 66,289 49,562 49,562 16,727 - 16,727 16,727 300,090 316,817 |
Prior Year Total Funds 2021 £ 32,231 12,320 - 1 44,552 62,633 62,633 (18,081) - (18,081) (18,081) 318,171 300,090 |
|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All the comparative figures were unrestricted, so no detailed analysis of the comparative figures is required to comply with the Bulletin issued in October 2018.
All activities derive from continuing operations
11
The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2022
The notes attached on pages 19 to 33 form an integral part of these accounts.
The Riley-Smith Hall Charitable Company - Resources applied in the year ended 31 July 2022 towards fixed assets for Charity use:-
| Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Other applications of funds Net resources available to fund charitable activities |
2022 £ 16,727 - - 16,727 |
2021 £ (18,081) - - (18,081) |
|---|---|---|
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
The notes attached on pages 19 to 33 form an integral part of these accounts.
Movements in revenue and capital funds for the year ended 31 July 2022
Revenue accumulated funds
| Accumulated funds brought forward (From)/To unrestricted revenue funds Closing revenue funds Fixed asset funds At 1 August Transfer (to)/from revenue funds At 31 July Recognised gains and losses before transfers |
Unrestricted Funds 2022 £ 55,430 14,727 70,157 7,161 77,318 Designated Funds 2022 £ 179,979 (7,161) 172,818 |
Restricted Funds 2022 £ - 2,000 2,000 - 2,000 Restricted Funds 2022 £ - - - |
Total Funds 2022 £ 55,430 16,727 72,157 7,161 79,318 Total Funds 2022 £ 179,979 (7,161) 172,818 |
Last year Total Funds 2021 £ 73,511 (18,081) 55,430 - 55,430 Last year Total Funds 2021 £ 179,979 - 179,979 |
|---|---|---|---|---|
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The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2022
The purposes of the transfers to fixed asset funds are described in Note 20 to the accounts and under the accounting policy 'Accounting for capital grants and fixed asset funds'.
| Revaluation Reserve Fund Unrestricted Restricted Funds Funds 2022 2022 £ £ At 1 August 64,681 - At 31 July 64,681 - Summary of funds Unrestricted Restricted and Funds Designated funds 2022 2022 £ £ Revenue accumulated funds 77,318 2,000 Fixed asset funds 172,818 - Revaluation reserve fund 64,681 - Total funds 314,817 2,000 |
Total Funds 2022 £ 64,681 64,681 Total Funds 2022 £ 79,318 172,818 64,681 316,817 |
Last year Total Funds 2021 £ 64,681 64,681 Last Year Total Funds 2021 £ 55,430 179,979 64,681 300,090 |
|---|---|---|
The notes attached on pages 19 to 33 form an integral part of these accounts.
13
The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2022
The Riley-Smith Hall Charitable Company Income and Expenditure Account for the year ended 31 July 2022 as required by the Companies Act 2006
| Income Income from operations Interest receivable Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Depreciation and amortisation Governance costs Total expenditure in the year Tax on surplus on ordinary activities Retained surplus for the financial year All activities derive from continuing operations Net income after tax in the financial year Net income before tax in the financial year Investment income |
2022 £ 66,288 1 66,289 66,289 41,664 7,161 737 49,562 16,727 - 16,727 16,727 |
2021 £ 44,551 1 44,552 44,552 55,183 6,668 782 62,633 (18,081) - (18,081) (18,081) |
|---|---|---|
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 19 to 33 form an integral part of these accounts.
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The Riley-Smith Hall Charitable Company - Balance Sheet as at 31 July 2022
| SORP | ||||||
|---|---|---|---|---|---|---|
| Note | Ref | 2022 | 2021 | |||
| £ | £ | |||||
| Fixed assets | A | |||||
| Tangible assets | 10 | A2 | 247,480 | 254,641 | ||
| Current assets | B | |||||
| Debtors | 11 | B2 | 6,201 | 4,097 | ||
| Cash at bank and in hand | B4 | 70,395 | 43,524 | |||
| Total current assets | 76,596 | 47,621 | ||||
| Creditors: amounts falling due within | ||||||
| one year | 12 | C1 | (7,259) | (2,172) | ||
| Net current assets | 69,337 | 45,449 | ||||
| The total net assets of the charity | 316,817 | 300,090 | ||||
| The total net assets of the charity are | funded | by the | funds of the | charity, as follows:- | ||
| Restricted Revenue Funds | 18 | D2 | 2,000 | - | ||
| Unrestricted Funds | 2,000 | - | ||||
| Unrestricted Revenue Funds | 18 | D3 | 77,318 | 55,430 | ||
| Unrestricted Revaluation Reserve | 18 | D4 | 64,681 | 64,681 | ||
| Designated Funds | 141,999 | 120,111 | ||||
| Designated Fixed Asset Funds | 18 | D3 | 172,818 | 172,818 | 179,979 | 179,979 |
| Total charity funds | 316,817 | 300,090 |
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The Riley-Smith Hall Charitable Company - Balance Sheet as at 31 July 2022
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 10.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
Christian Horton
Trustee
Approved by the board of trustees on 30 November 2022
The notes attached on pages 19 to 33 form an integral part of these accounts.
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The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Going Concern
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. The Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.
Risks and future assumptions
The charity is a public benefit entity.
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Categories of Income
Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.
Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
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The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
Income recognition
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
HMRC Job Retention Scheme grants and Hospitality Sector Covid grants are treated as income in the year of receipt.
Accounting for deferred income and income received in advance
Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.
Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.
Donated goods, facilities and services
Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
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The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
Allocating costs to activities
Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.
The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-
Premises related costs - on the proportion of floor area occupied by a particular activity.
Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures
Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 6.
Policies relating to assets, liabilities and provisions and other matters.
Tangible fixed assets
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.
Freehold premises 2 % straight line Plant and machinery 25 % straight line
A regular annual review of the likelihood of asset impairment is undertaken.
Accounting for capital grants and fixed asset funds.
Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose.
19
The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
Where the terms of the gift require the charity to hold the asset on an ongoing basis for a specific purpose, then the fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restrictions are noted in the fixed asset note 10.
Where the terms of the gift are met once the asset is acquired, so allowing the charity to use the asset on an unrestricted basis, including the right to receive the proceeds of any future sale of the asset on an unrestricted basis, then the fixed asset fund so created is categorised as a designated fixed asset fund.
When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unrestricted funds to a designated fixed asset fund.
Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation.
As the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any.
The effect of this policy is that the aggregate of all fixed asset funds shall equate to the net book value of fixed assets.
In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets.
Any residual liability to the donor arising from, for example, the asset's future sale, is disclosed as a contingent liability unless the event that would trigger repayment of the grant becomes probable in which case a liability for repayment is recognised.
Insofar as this policy relates to Government grants and to the extent that it may be a departure from the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), such departure is justified on the basis that it is in order to comply with the SORP.
Debtors
Debtors are measured at their recoverable amounts at the balance sheet date.
Creditors and provisions
Creditors are accounted for on the basis of the amounts owing at the balance sheet date.
Financial instruments including cash and bank balances
Cash and bank balances held by the charity are included at the amount actually held and counted at the year end.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
20
The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 Significance of financial instruments to the charity's position
There are no financial instruments which have a bearing on the opertations of the charity.
5 Net surplus before tax in the financial year
| The net surplus before tax in the financial year is stated after charging:- Depreciation of owned fixed assets |
2022 2021 £ £ 7,161 6,668 |
|---|---|
66 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated. The arrangements with the volunteers are difficult to value precisley in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is cretaed by these arrangements.
7 Staff costs and emoluments
| Salary costs Gross Salaries excluding trustees and key management personnel Total salaries, wages and related costs The average number of part time staff employed in the year was The estimated full time equivalent number of all staff employed in the year was |
2022 2021 £ £ 5,408 8,329 5,408 8,329 3 2 1 2 |
|---|---|
The estimated equivalent number of full time staff deployed in different activities in the year was:-
| Engaged on management and administration The estimated full time equivalent number of all staff employed as above |
1 2 1 2 |
|---|---|
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
21
The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
8 Remuneration and payments to Trustees and persons connected with them
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
Expenses reimbursed to Trustees in the year amounted to £911 (2021 : £688)
The amounts were paid from out of pocket expenses for routine running costs of the charity.
The number of trustees to whom expenses were re-imbursed was one (2021 : one)
9 Deferred income - Unrestricted and Designated funds
| Current Year Deposits for Hall rental in advance Total These deferrals are included in creditors 10 Tangible fixed assets Current Year Cost At 1 August 2021 Additions At 31 July 2022 Depreciation At 1 August 2021 Charge for the year At 31 July 2022 Net book value At 31 July 2022 At 31 July 2021 |
Opening Deferrals £ 900 900 |
Released from prior years £ 900 900 Land and Buildings £ 266,300 - 266,300 15,583 5,195 20,778 245,522 250,717 |
Received less released in year £ - - 2022 £ 5,675 Plant & Machinery £ 7,866 - 7,866 3,942 1,966 5,908 1,958 3,924 |
Deferred Deferred at year end at year end £ £ 5,675 5,675 5,675 5,675 2021 £ 900 Motor Vehicles Total £ £ - 274,166 - - - - 274,166 - 19,525 - 7,161 - - 26,686 - 247,480 - 254,641 |
|---|---|---|---|---|
22
The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
| Notes to the Accounts for the year ended 31 July 2022 | Notes to the Accounts for the year ended 31 July 2022 | Notes to the Accounts for the year ended 31 July 2022 | Notes to the Accounts for the year ended 31 July 2022 |
|---|---|---|---|
| 2022 2021 Freehold land and buildings above include: £ £ 120,000 120,000 Cumulative depreciation based on historical cost 12,000 9,600 Revaluation of assets 11 Debtors 2022 2021 £ £ Prepayments and accrued income 6,110 4,097 Creditors: amounts falling due within one year 12 Creditors: amounts falling due within one year 2022 2021 £ £ Accruals 1,488 1,218 Deferred Income - Unrestricted & designated funds 5,675 900 PAYE, NIC VAT and other taxes 74 54 7,259 2,172 13 Revaluation reserve Current year Current year Current year Prior Year Current year Unrestricted Funds Restricted Funds Total Funds Total Funds 2022 2022 2022 2021 £ £ £ £ At 1 August 2021 64,681 - 64,681 64,681 At 31 July 2022 64,681 - 64,681 64,681 All the revaluations in the prior year was unrestricted. Prior Year Prior Year Prior Year Prior year Unrestricted Funds Restricted Funds Total Funds 2021 2021 2021 £ £ £ At start of previous year 64,681 - 64,681 At end of previous year 64,681 - 64,681 Historical cost The freehold property of the charity was valued in April 2018, in relation to the accounts for the year ended 31 July 2018, on a current use basis, by M J Stuart IRRV (Hons) of Malcolm Stuart Property Consultants LLP. |
|||
| Current year Unrestricted Funds 2022 £ 64,681 64,681 Prior Year Unrestricted Funds 2021 £ 64,681 64,681 |
Current year Restricted Funds 2022 £ - - Prior Year Restricted Funds 2021 £ - - |
2022 2021 £ £ 1,488 1,218 5,675 900 74 54 7,259 2,172 Current year Prior Year Total Funds Total Funds 2022 2021 £ £ 64,681 64,681 64,681 64,681 Prior Year Total Funds 2021 £ 64,681 64,681 |
23
The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
| 14 Income and Expenditure account summary At 1 August 2021 Surplus after tax for the year At 31 July 2022 |
2022 2021 £ £ 235,409 253,490 16,727 (18,081) 252,136 235,409 |
|---|---|
15 Post balance sheet events
There were no post balance sheet events.
16 Related party transactions
There were no transactions with related parties in the year with the exception of the trustees expenses which are disclosed in the notes above.
17 Particulars of how particular funds are represented by assets and liabilities
| At 31 July 2022 Tangible Fixed Assets Current Assets Current Liabilities At 1 August 2021 Tangible Fixed Assets Current Assets Current Liabilities |
Unrestricted funds £ (7,161) 76,596 (7,259) 62,176 Unrestricted funds £ - 47,621 (2,172) 45,449 |
Designated funds £ 179,979 - 179,979 Designated funds £ 179,979 - - 179,979 |
Restricted Total funds Funds £ £ - 172,818 - 76,596 - (7,259) - 242,155 Restricted Total funds Funds £ £ - 179,979 - 47,621 - (2,172) - 225,428 |
|---|---|---|---|
24
The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
18 Change in total funds over the year as shown in Note 17 , analysed by individual funds
| Unrestricted and designated funds:- Unrestricted Revenue Funds Unrestricted Revaluation Reserve Designated Fixed Asset Funds Total unrestricted and designated funds Restricted funds:- Restricted Revenue fund Total charity funds |
Funds brought forward from 2021 £ 55,430 64,681 179,979 300,090 - 300,090 |
Movement in funds in 2022 See Note 19 £ 14,727 - - 14,727 2,000 16,727 |
Funds carried forward to 2023 £ £ 7,161 77,318 - 64,681 (7,161) 172,818 - 314,817 - 2,000 - 316,817 Transfers between funds in 2022 |
|---|---|---|---|
19 Analysis of movements in funds over the year as shown in Note 18
| Unrestricted and designated funds:- Unrestricted Revenue Funds Restricted Revenue Funds |
Income 2022 £ 64,289 2,000 66,289 |
Expenditure 2022 £ (49,562) - (49,562) |
Other Gains & Movement Losses in funds 2022 2022 £ £ - 14,727 - 2,000 - 16,727 |
|---|---|---|---|
20 The purposes for which the funds
Unrestricted and designated funds:-
Unrestricted Revenue Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
Unrestricted Revaluation Reserve
This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.
Designated Revenue Funds
The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.
Designated Fixed Asset Funds
The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.
~~-~~
25
The Riley-Smith Hall Charitable Company
Notes to the Accounts for the year ended 31 July 2022
21 Ultimate controlling party
The charity is under the control of its legal members.
Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
26
The Riley-Smith Hall Charitable Company
Detailed analysis of income and expenditure for the year ended 31 July 2022 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
| 22 Donations, Grants and Legacies Donations and gifts from individuals Total Donations, Grants and Legacies Total Donations, Grants and Legacies A1 Prior year Total Donations, Grants and Legacies A1 Total donations and gifts from individuals Small donations individually less than £1000 Revenue grants from government and public bodies Selby District Council - Boiler Grant Selby District Council - Covid Grants Covid Job Retention Scheme Total public sector revenue grants |
Current year Unrestricted Funds 2022 £ 70 70 Current year Unrestricted Funds 2022 £ - 4,000 - 4,000 |
Current year Restricted Funds 2022 £ - - Current year Restricted Funds 2022 £ 2,000 - - 2,000 |
Current year Total Funds 2022 £ 70 70 Current year Total Funds 2022 £ 2,000 4,000 - 6,000 |
Prior Year Total Funds 2021 £ 165 165 Prior Year Total Funds 2021 £ - 26,343 5,723 32,066 32,231 |
|---|---|---|---|---|
| 4,070 Unrestricted Funds 2021 £ 32,231 |
2,000 Restricted Funds 2021 £ - |
6,070 Prior Year Total Funds 2021 £ 32,231 |
27
The Riley-Smith Hall Charitable Company
Detailed analysis of income and expenditure for the year ended 31 July 2022 as required by the SORP 2015
23 Income from charitable activities - Trading Activities
| Current year Current year Unrestricted Funds 2022 £ Primary purpose and ancillary trading 110 58,977 59,087 24 Current year Current year Funds 2022 £ Total income from charitable trading 59,087 Total from charitable activities A2 59,087 25 Income from other, non charitable, trading activities 1,131 Total from other activities A3 1,131 26 Investment income Current year Unrestricted Funds 2022 £ Bank Interest Receivable 1 Total investment income A4 1 Income from fundraising events Total Income from charitable activities Letting of property for charitable purposes Total Primary purpose and ancillary trading Sale of goods and services in accordance with the charity's objects |
Current year Current year Unrestricted Funds 2022 £ Primary purpose and ancillary trading 110 58,977 59,087 24 Current year Current year Funds 2022 £ Total income from charitable trading 59,087 Total from charitable activities A2 59,087 25 Income from other, non charitable, trading activities 1,131 Total from other activities A3 1,131 26 Investment income Current year Unrestricted Funds 2022 £ Bank Interest Receivable 1 Total investment income A4 1 Income from fundraising events Total Income from charitable activities Letting of property for charitable purposes Total Primary purpose and ancillary trading Sale of goods and services in accordance with the charity's objects |
Current year Restricted Funds 2022 £ - - - Current year Funds 2022 £ - - - - |
Current year Total Funds 2022 £ 110 58,977 59,087 Current year Total Funds 2022 £ 59,087 59,087 1,131 1,131 |
Prior Year Total funds 2021 £ 150 12,170 12,320 Prior Year Total Funds 2021 £ 12,320 12,320 - - Prior Year Total Funds 2021 £ 1 1 |
|---|---|---|---|---|
| Current year Unrestricted Funds 2022 £ 1 1 |
Current year Restricted Funds 2022 £ - - |
Current year Total Funds 2022 £ 1 1 |
28
The Riley-Smith Hall Charitable Company
Detailed analysis of income and expenditure for the year ended 31 July 2022 as required by the SORP 2015
27 Expenditure on charitable activities - Direct spending
| Current year Current Year Unrestricted Funds 2022 £ 189 690 Total direct spending B2a 879 28 Expenditure on charitable activities - Charitable trading Current year Current Year Unrestricted Funds 2022 £ 5,408 Total charitable trading costs B2b 5,408 29 Current year Current Year Unrestricted Funds 2022 £ Premises Expenses 1,652 18,545 3,296 8,246 2,965 Administrative overheads 458 - 130 Marketing and advertising of charitable services Sundry expenses Telephone, fax and internet Support costs for charitable activities Gross wages and salaries - charitable trading activities Rates and water charges Postage Cleaning and waste management Property insurance Light heat and power Premises repairs, renewals and maintenance Performing Rights Licence and other licences |
Current year Restricted Funds 2022 £ - - - Current year Restricted Funds 2022 £ - - Current year Restricted Funds 2022 £ - - - - - - - - |
Current year Total Funds 2022 £ 189 690 879 Current year Total Funds 2022 £ 5,408 5,408 Current year Total Funds 2022 £ 1,652 18,545 3,296 8,246 2,965 458 - 130 |
Prior Year Total Funds 2021 £ 644 544 1,188 Prior Year Total Funds 2021 £ 8,329 8,329 Prior Year Total Funds 2021 £ 335 5,316 664 36,174 2,664 413 55 75 |
|---|---|---|---|
29
The Riley-Smith Hall Charitable Company
Detailed analysis of income and expenditure for the year ended 31 July 2022 as required by the SORP 2015
Professional fees paid to advisors other than the auditor or examiner
| Financial costs Support costs before reallocation Total support costs - Current Year Depreciation & Amortisation in total for the period Legal fees Bank charges |
- 85 7,161 42,538 42,538 |
- - - - - |
- 85 7,161 42,538 42,538 |
- (30) 6,668 52,334 52,334 |
|---|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
All the expenditure in the prior year was unrestricted.
The basis of allocation of costs between activities is described under accounting policies
30 Other Expenditure - Governance costs
| Current Year Independent Examiner's fees Trustees' indemnity insurance Total Governance costs |
Current year Unrestricted Funds 2022 £ 553 184 737 |
Current year Restricted Funds 2022 £ - - - |
Current year Total Funds 2022 £ 553 184 737 |
Prior Year Total Funds 2021 £ 598 184 782 |
|---|---|---|---|---|
All the expenditure in the prior year was unrestricted.
31 Total Charitable expenditure
| Current Year Total direct spending B2a Total charitable trading costs B2b Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 |
Current year Unrestricted Funds 2022 £ 879 5,408 42,538 737 49,562 |
Current year Restricted Funds 2022 £ - - - - - |
Current year Total Funds 2022 £ 879 5,408 42,538 737 49,562 |
Prior Year Total Funds 2021 £ 1,188 8,329 52,334 782 62,633 |
|---|---|---|---|---|
All the expenditure in the prior year was unrestricted.
30
The Riley-Smith Hall Charitable Company
Detailed analysis of income and expenditure for the year ended 31 July 2022 as required by the SORP 2015
| 31al Charitable expenditure (continued) Prior Year Total direct spending B2a Total charitable trading costs B2b Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 |
Prior Year Funds 2021 £ 1,188 8,329 52,334 782 62,633 |
Prior Year Prior Year Funds Total Funds 2021 2021 £ £ - 1,188 - 8,329 - 52,334 - 782 - 62,633 |
|---|---|---|
31
The Riley-Smith Hall Charitable Company
Activity analysis of Income and expenditure for the for the year ended 31 July 2022
This analysis is classsified by activity and not by conventional nominal descriptions.
31 Analysis of income by activity
| SOFA ref Sales of goods and services in accordance with the charity's objects Letting of property for charitable purposes A2 Fundraising activities Summary of Total Income, including the items above Charitable activities A2 Other activities A3 Donations & Legacies A1 Investment income A4 Total income as shown in the SOFA A Income from other, non charitable, trading activities Income from charitable activities Total Income from charitable activities Activity |
2022 £ 110 58,977 59,087 1,131 59,087 1,131 6,070 1 66,289 |
2021 £ 150 12,170 12,320 - 12,320 - 32,231 1 44,552 |
|---|---|---|
32 Analysis of charitable expenditure by activity
Activity
| Letting of property for charitable purposes Direct costs Employee costs not included in direct costs Premises expenses Administrative overheads Professional fees Financial costs Total Letting of property for charitable purposes |
Direct costs 2022 £ 879 5,408 - - - - 6,287 |
Support costs 2022 £ - - 34,704 588 - 7,246 42,538 |
Grant funding of 2022 £ - - - - - - - |
Total 2022 £ 879 5,408 34,704 588 - 7,246 48,825 |
Total 2021 £ 1,188 8,380 45,153 543 - 6,638 61,902 |
|---|---|---|---|---|---|
32
The Riley-Smith Hall Charitable Company
Activity analysis of Income and expenditure for the for the year ended 31 July 2022
Summary of charitable costs by activity
| Total Letting of property for charitable purposes Total charitable expenditure Total Governance costs as detailed in Note 30 |
Direct costs 2022 £ 6,287 - 6,287 |
Support costs 2022 £ 42,538 737 43,275 |
Grant funding of 2022 £ - - - |
Total 2022 £ 48,825 737 49,562 |
Total 2021 £ 61,902 782 62,684 |
|---|---|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 31
33 Analysis of non charitable expenditure by activity
| Governance costs Other Expenditure - Governance costs as detailed in Note 30 |
Governance costs 2022 £ 737 |
Governance costs 2021 £ 782 |
|---|---|---|
33