|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Independent
Examiner's
Report||||
|Statement
of Financial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|7|to|12|
|Detailed Statement of Financial Activities||13||
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##
|||||for|the Year E|nded 31March|2023|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
||||||Notes|E|||E|
|iNCOME AND ENDOWMENTS|||FROM|||||||
|Donations|and legacies|||||7,013||7,013|20,595|
|Charitable|activities|||||||||
|To advance|education|and leisure||time of||||||
|inhabitants|within
the|community||||55,801|700|56,501|31,894|
|Investment|income|||||189||189||
|Total||||||~63 003|700|~63 703|~52 489|
|EXPENDITURE ON||||||||||
|Charitable|activities|||||||||
|To advance|education|and leisure||time of||||||
|inhabitants|within
the community|||||~51839|825|~52 664|~51 314|
|NET INCOME/(EXPENDITURE)||||||11,164|(125)|11,039|1,175|
|RECONCILIATION
OF FUNDS||||||||||
|Total funds|brought
forward|||||73,230|125|73,355|72,180|
|TOTAL FUNDS CARRIED FORWARD||||||~84 394||~84 394|~73 355|
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
|||||Notes|funds|funds
E|funds
E|fundsf|
|FIXEDASSETS|||||||||
|Tangible assets||||10|5,877||5,877|3,880|
|CURRENT ASSETS|||||||||
|Debtors|||||9,295||9,295|5,273|
|Cash at bank and||in hand|||~80 639||~80 639|~77 704|
||||||89,934||89,934|82,977|
|CREDITORS|||||||||
|Amounts
falling|due within||one year|12|(11,417)||(11,417)|(13,502)|
|NET CURRENT|ASSETS||||78 51.7||~78 517|69475|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||||84,394||84,394|73,355|
|NET ASSETS|||||~84 394||84 394|~73 355|
|FUNDS||||13|||||
|Unrestricted
funds|||||||84,394|73,230|
|Restricted
funds||||||||125|
|TOTAL FUNDS|||||||84 394|73 355|
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##
##
|||||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||E|
||Deposit account|||interest||||||||189||
||INCOME|FROM||CHARITABLE ACTIVITIES||||||||||
|||||||||||||2023|2022|
||||||||Activity|||||E|E|
||||||||To advance|education||and leisure|time of|||
||Association's||income||||inhabitants|within|the|community||51,885|26,010|
||||||||To advance|education||and leisure|time of|||
||Grants-others||||||inhabitants|within|the|community||4,616|5,214|
||||||||To advance|education||and leisure|time of|||
||HMRC Job|Retention|||—grants||inhabitants|within|the|community|||670|
|||||||||||||~56 501|~31894|
||Grants received,|||included||in the above, are||as follows:||||||
|||||||||||||2023|2022|
|||||||||||||E|E|
||Newcastle|City Council||||||||||400|214|
|5.|CHARITABLE||ACTIVITIES COSTS|||||||||||
|||||||||||||Support||
||||||||||||Direct|costs (see||
||||||||||||Costs|note 6)|Totals|
||||||||||||||E|
||To advance|education|||and leisure time|||||||||
||of inhabitants||within||the community||||||~51 364|1 30O|~52 664|
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|2023|2022|
|---|---|
|To||
|advance||
|education||
|and||
|leisure||
|time of||
|inhabitants||
|within||
|the|Total|
|community|activities|
|E|E|
|~1300|~1310|
##
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|STAFF CO||STS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||||||||||E|E|
|Wages and||salaries|||||||11,521|9,821|
|Social security costs|||||||||351|153|
|Other pension costs|||||||||158|100|
||||||||||~12030|~10074|
|The average||monthly|number||of employees||during|the year was as follows:|||
||||||||||2023|2022|
|Administration|||||||||1|1|
|No employees
received||||emoluments||in excess off60,000.|||||
|COMPARATIVES
FOR THE STATEMENT|||||||OF FINANCIAL ACTIVITIES||||
|||||||||Unrestricted|Restricted|Total|
|||||||||funds|funds|funds|
|||||||||E|f|E|
|INCOME AND ENDOWMENTS|||||FROM||||||
|Donations|and legacies|||||||20,595||20,595|
|Charitable||activities|||||||||
|To advance||education||and leisure time of|||||||
|inhabitants||within
the||community||||~31680|214|~31 894|
|Total||||||||~52 275|214|~52 489|
|EXPENDITURE ON|||||||||||
|Charitable||activities|||||||||
|To advance||education||and leisure time of|||||||
|inhabitants||within
the||community||||51,204|110|51,314|
##
##
||||Westerhope
8 District Community
Association
Notes to the Financial Statements
-continued
for the Year Ended 31March 2023|Westerhope
8 District Community
Association
Notes to the Financial Statements
-continued
for the Year Ended 31March 2023|Westerhope
8 District Community
Association
Notes to the Financial Statements
-continued
for the Year Ended 31March 2023|Westerhope
8 District Community
Association
Notes to the Financial Statements
-continued
for the Year Ended 31March 2023|||
|---|---|---|---|---|---|---|---|---|
||COMPARATIVES|FOR|THE STATEMENT OF FINANCIAL ACTIVITIES - continued||||||
||||||Unrestricted|Restricted||Total|
||||||funds|funds||funds|
||||||E||E|E|
||NET INCOME||||1,071||104|1,175|
||RECONCILIATION|OF|FUNDS||||||
||Total funds
brought|forward|||72,159||21|72,180|
||TOTAL FUNDS CARRIED FORWARD||||~73 230||125|~73 355|
|10.|TANGIBLE FIXEDASSETS||||||||
|||||||||Fixtures|
|||||||||and|
|||||||||fittings|
|||||||||E|
||COST||||||||
||At 1 April 2022|||||||15,624|
||Additions
Disposals|||||||4,370
~960)|
||At 31 March 2023|||||||~19034|
||DEPRECIATION||||||||
||At 1 April 2022|||||||11,744|
||Charge for year
Eliminated
on disposal|||||||2,181
~768)|
||At 31 March 2023|||||||~13 157|
||NET BOOK VALUE||||||||
||At 31 March 2023|||||||~5877|
||At 31 March 2022|||||||~3880|
|11.|DEBTORS:AMOUNTS||FALLING DUE WITHIN|ONE YEAR|||||
|||||||2023||2022|
|||||||E||E|
||Other debtors|||||7,693||2,685|
||VAT account||||||483|1,750|
||Prepayments|||||~1119||838|
|||||||~9295||~5273|
|12.|CREDITORS: AMOUNTS
FALLING DUE WITHIN||||ONE YEAR||||
|||||||2023||2022|
|||||||E||E|
||Taxation
and social|security|||||55|29|
||Other creditors|||||~11|362|~13473|
|||||||~11417||~13502|
|13.|MOVEMENT|IN FUNDS|IN FUNDS||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Net|Transfers||
|||||||||||movement|between|At|
|||||||||At 1.4.22||in funds|funds|31.3.23|
|||||||||E||E|E|E|
||Unrestricted|funds|||||||||||
||General
fund
Designated
Fund|||||||53,108
20 122||10,975
189|(20,000)
~20 000|44,083
~40 311|
||Restricted funds|||||||73,230||11,164||84,394|
||WERC||||||||125|(125)|||
||TOTAL FUNDS|||||||~73|355|~11039||~84 394|
||Net movement||in funds,|included||in|the above|are as follows:|||||
|||||||||||Incoming|Resources|Movement|
|||||||||||resources|expended|in funds|
|||||||||||||E|
||Unrestricted|funds|||||||||||
||General
fund
Designated
Fund|||||||||62,814
189|(51,839)|10,975
189|
||Restricted funds|||||||||63,003|(51,839)|11,164|
||WERC|||||||||700|(825)|(125)|
||TOTAL FUNDS|||||||||~63 703|)52 664)|11039|
||Comparatives||for movement|||in funds|||||||
||||||||||||Net||
||||||||||||movement|At|
|||||||||||At 1.4.21|in funds|31.3.22|
||||||||||||E||
||Unrestricted|funds|||||||||||
||General
fund|||||||||52,037|1,071|53,108|
||Designated
Fund|||||||||~20 122||~20 122|
||Restricted funds|||||||||72,159|1,071|73,230|
||WERC|||||||||21|104|125|
||TOTAL FUNDS|||||||||~72 180|1 175|~73 355|
||Comparative|net|movement||in funds,||included|in the above are as follows:|||||
|||||||||||Incoming|Resources|Movement|
|||||||||||resources|expended|in funds|
|||||||||||E|E|E|
||Unrestricted|funds|||||||||||
||General
fund|||||||||52,275|(51,204)|1,071|
||Restricted
funds||||||||||||
||WERC|||||||||214|(110)|104|
||TOTAL FUNDS|||||||||~52 489|~51 314)|~1175|
##
##
##
##
|||
for the Year Ended 3|cves
1March 2023||
|---|---|---|---|---|
||||2023f|2022|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Reimbursement
of overheads
Grants-Government
business
Subscriptions||support|6,000
~1013|3,600
16,000
995|
||||7,013|20,595|
|Investment
income|||||
|Deposit account interest|||189||
|Charitable
activities|||||
|Association's
income
Grants-others
HMRC Job Retention
-|grants||51,885
4,616|26,010
5,214
670|
||||~56 501|31 594|
|Total incoming
resources|||63,703|52,489|
|EXPENDITURE|||||
|Charitable
activities|||||
|Wages
Social security|||11,521
351|9,821
153|
|Pensions|||158|100|
|Water rates
Insurance|||2,595
528|1,237
588|
|Light and heat
Telephone
and internet
Postage and stationery|||20,239
1,009
167|12,106
980
352|
|Sundries|||271|124|
|Repairs and renewals
Purchase
of equipment
WERC|||3,103
4,216
825|12,151
110|
|Licences
Legal and professional
Website costs|fees||599
994
494|1,199
1,089
547|
|Cleaning
Donations
Rent of hygiene
equipment|||1,454
398
69|5,467
759
96|
|Fixtures and fittings
Loss on sale of tangible|fixed|assets|2,181
192|3,125|
||||51,364|50,004|
|Support costs|||||
|Governance
costs|||||
|Accountancy
and legal|fees||~1300|~1310|
|Total resources expended|||~52 664|51314|
|Net income|||~11039|1 175|