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2023-03-31-accounts

Charity registration number: 1049485

Company registration number: 03036200

West Silvertown Village Community Foundation

Financial Statements

Year Ended 31 March 2023

Calculus Assurance Services Independent Examiners Loughton, Essex

West Silvertown Village Community Foundation

Financial Statements

Year Ended 31 March 2023

Contents
Page
Charity Reference and Administrative Details 2
Trustees’ Annual Report 3-7
Independent Examiner’s Report 8
Statement of Financial Activities 9
Balance Sheet 10
Statement of Cash Flows 11
Statement of Changes in Reserves 12
Notes to the Financial Statements 13-28

1

West Silvertown Village Community Foundation

Charity Reference and Administrative Details

Year Ended 31 March 2023

Charity registration number 1049485
Registration number 3036200
Trustees Zeeshan Ahmed
(full year unless stated) Rupesh Bhudia (appointed 30 March 2023)
Edna Chirwa
Jack Courtney (appointed 30 March 2023)
Heather Davies (appointed 30 March 2023)
Mohammad Khan
Jee Hyeok Lee
Sophie Linton
Oleksandr Pavlov (appointed 30 March 2023)
Ian Gibson (resigned 22 November 2022)
Sophie Jones (resigned 22 November 2022)
Miguel Angel Ortiz (resigned 21 March 2023)
Rachael Osei-Temeng (resigned 22 November 2022)
Chair Jee Hyeok Lee
Secretary Harjit Lola
Chief executive Helen Fernandes
Senior leadership team Helen Fernandes
(full year unless stated) Harjit Lola
Alyson Moore
Registered office Britannia Village Hall
65 Evelyn Road
West Silvertown
London
E16 1TU
Independent Examiner Calculus Assurance Services
5 Priory Road
Loughton
IG10 1AF
Solicitor Bates and Wells
10 Queen Street Place
London
EC4R 1BE
Bankers Co-Operative Bank
1 Balloon Street
Manchester
M60 4EP
Barclays Bank
2 Churchill Place
London
E14 5RB

2

West Silvertown Village Community Foundation

Trustees’ Annual Report

Year Ended 31 March 2023

The Trustees present their Annual Report (including the Directors’ Report as required by company law) and the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 issued in October 2019.

Trustees of the charity

The directors of the charitable company are its trustees for the purpose of charity law. The trustees who served during the year and to the date of this report are listed on page 2.

Day to day management is provided by a senior leadership team of 3 staff, listed on page 2.

Objectives and activities

Policies and objectives

The objects of this charity are to work in the West Silvertown area of the London Borough of Newham to promote:

The trustees are concerned that the views of local people should be well represented in the decision-making process. We are pleased to report that, of the eight individuals who served as trustees in the year to 31 March 2023, all were residents within the area of benefit.

The overall strategic thrust of the Foundation remains the building of a sound sense of community and social integration covering the whole of the area around West Silvertown, with all sections of the community, private residents and those in social housing, being represented on the Board.

Strategic Report

Achievements and performance

Management review

Based in the London Borough of Newham, the West Silvertown Village Community Foundation was founded in 1995 to help break down the barriers our unique area faces, to help the most vulnerable and to support a healthy, vibrant and sustainable community, which benefits everyone.

Over the course of 2022/23, WSF has continued working to meet our central purpose of engaging with local residents, public sector and business communities, encouraging them to work together to support each other and build a sense of community within and around the area.

Our agreement with Ballymore for the management of Royal Wharf Community Dock continues, and we continued to receive contributions from Britannia Village General Management Company for the management of Britannia Village Hall. Tiny Town Daycare and Vibrant Minds After School Club continued to operate within our Britannia Village Hall site, and Creative Kids After School Club continued to operate in Royal Wharf Community Dock.

3

West Silvertown Village Community Foundation

Trustees’ Annual Report

Year Ended 31 March 2023

Management review (continued)

We began the year with an interim CEO, which became a permanent appointment in July 2022. We kept our Senior Leadership structure, and created a middle management structure with a manager overseeing each of our 3 community projects: Children and Families, Youth and Community Development.

Governance was a key priority over the year, implementing recommendations from our governance review in 21/22. We amended our governing documents and formed a new set of company rules to go alongside the document.

The trustees and Senior Leadership Team created a 3-year strategy document, which the charity began work on. This had 4 key areas of work:

1) Increase partnership working at all levels in the organisation. Act as a bridge between large organisations and the community, and as a glue holding different community organisations together.

We continued to work closely with Oasis Academy Silvertown, with a volunteer mentoring programme in school and staff delivering mentoring and clubs in school. We also worked with Britannia Education Trust, as they referred children to our projects.

We continued to work with Groundworks and L&Q on plans to improve BV Green, with public consultation on the plans.

2) Design a new community space and housing scheme which will benefit the West Silvertown community through provision of needed activities and spaces.

We held a design workshop for a new Britannia Village Hall, with community members and stakeholders, as well as 2 drop in sessions for feedback on designs. We submitted a 2nd pre-planning application to Newham Council and received positive feedback. After this we continued to work on the legal and financial aspects of the project.

3) Increase local recognition, participation and leadership in West Silvertown Foundation activity and wider community life.

We increased the amount of volunteering opportunities within the organisation, and improved our structure for supporting volunteers. We also held an event to celebrate the work of WSF over 2022, and thank volunteers for their involvement in it.

In early 2023 we started advertising for new trustees to increase the local influence on our board.

4) Increase inclusivity and representation in our spaces and activities through review of our work and intentionally expanding into current gaps.

We started a SEND parent group and new adult social groups to meet a larger cross section in the community. We also applied for funding to increase our ESOL offer.

We advertised the space previously used as a GP surgery for community group use at a very reduced rate so that we could broaden our offer. 2 community groups utilised this.

4

West Silvertown Village Community Foundation

Trustees’ Annual Report

Year Ended 31 March 2023

Financial review (including reserves policy)

Reserves policy

It is the policy of WSF to maintain free reserves at a level which balances our objectives to develop and support services with our need to remain financially stable. A minimum level of free reserves equating to at least four months of total expenditure is considered sufficient to cover management, administration and support costs and to respond to emergency needs which arise from time to time. In 2017/18 the trustees decided to establish a designated reserve of £150,000 to fund building development works, of which £11,200 was spent on consultancy fees in 2020/21, £40,136 in 2021/22 and £16,656 in 2022/23. The balance remaining as at 31 March 2023 was £82,008, which has been used to offset the impairment provision on the development project which has been covered by restricted grants £72,647, leaving £9,361 carried forward. The general funds after designations are £285,238 and represent approximately nine months of unrestricted expenditure.

Surplus

In this period the Foundation's income was £873,612 (2022: £737,264), expenses were £866,817 (2022: £721,294 (including impairment provision)) resulting in a surplus on the financial year of £6,975 (2022: surplus: £15,970), following continued strategic investment in our premises and services. This has led to a total funds balance of £528,568 (2022: £521,773) at year end, with a restricted funds balance of £91,722 (2022: £79,837). Funds available without disposing of tangible fixed assets were £425,159 at the year-end (2022: £427,542). The trustees fully appreciate the challenging current economic climate and will continue to try and achieve its objectives and goals with sensible financial management.

Plans for future periods

Future developments

Through 2023/24 and beyond trustees intend to focus on:

Public benefit

The charity trustees have complied with their duty to have due regard to the guidance on public benefits published by the Charity Commission in exercising their power and duties. The activities summarised under Management review above are for public benefit.

Relationships with Related parties

Britannia Village General Management company Limited (BVGMC) manages the estate where Britannia Village Hall (BVH) is situated and contributes £56,500 from the residents’ service charge towards the running costs of BVH. Under WSF’s Articles of Association BVGMC can appoint one of the board members. Following the revision of the Articles this is no longer the case, although as a locally based organisation BVGMC representation on the trustee board is welcome subject to management of any potential conflicts of interest.

Britannia Village Primary School is opposite the Britannia Village Hall and serves the same local community. The school has provided funding towards the Summer Programme and family support projects which largely benefit its pupils and their families. The CEO is a trustee / governor of the school.

Royal Docks Community Church hires the Britannia Village Hall for activities on Sundays and during the week. The CEO and Chair of trustees are trustees of Royal Docks Community Church.

5

West Silvertown Village Community Foundation

Trustees’ Annual Report

Year Ended 31 March 2023

Structure, governance and management

Constitution

The company is registered as a charitable company limited by guarantee and was set up by a Trust deed on 16 March 1995, and its governing document is the Memorandum and Articles of Association, which were updated on 22[nd] November 2022.

Membership of the charity is open to individuals, voluntary organisations and businesses within the area of benefit and the trustees are particularly concerned to promote membership on the part of local residents. In the event that the charity is at some time wound up, members of the charity may be required to contribute not more than £10 towards the settlement of any debts and liabilities there might be at such time. Our directors are currently also operating as the members.

Method of appointment or election of trustees

Trustees are appointed in accordance with the articles of association. These state that there must always be at least 3 directors. The Company Rules state the organisation should have 9-15 trustees, and that at least 50% of these should live or work in West Silvertown.

The term of office of all elected trustees is for 3 years. All retiring trustees are eligible to be re-elected, although no one trustee should serve for a period of more than 9 years under the Company Rules. Trustees are able to co-opt people to join subcommittees, as per the terms of reference for each subcommittee.

Trustee induction

Those who aspire to being elected at the AGM are all invited for an exploratory conversation with our Chair and CEO. They are supplied with copies of the Charity Commission's and Companies House publications detailing the respective duties and responsibilities of charity trustees and company directors and are therefore made aware of their obligations in advance of offering their services. On appointment, new trustees are supplied with a copy of the memorandum and articles of association of the charity, a summary of the legal obligations and liabilities of trustees of charitable companies and other key documents such as the charity's strategic review, its latest annual report and annual accounts, its latest management accounts and board minutes. All new trustees have a personalised induction plan, which will include meeting with our CEO and SLT to talk through the charity’s finances and priorities. All trustees are also offered an NCVO trustee induction training. Any additional training which might be required would be arranged on an ad hoc basis.

Risk management

The trustees acknowledge there are business risks associated with the services provided by West Silvertown Foundation and have sought to manage those risks via insurance, and working closely with the Greater London Authority, who hold the freehold for Britannia Village Hall, and Ballymore, who own Royal Wharf Community Dock. Trustees review the organisation’s risk register quarterly. The principal operating risk is continuity of grant funding and management agreements to cover the cost of charitable activities, and the largest upcoming risk is the redevelopment of Britannia Village Hall.

6

West Silvertown Village Community Foundation

Trustees’ Annual Report

Year Ended 31 March 2023

Trustees’ responsibilities

The Trustees (who are also directors of West Silvertown Village Community Foundation for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Compliance with laws and regulations

The trustees have established policies and procedures designed to ensure that it complies with all material laws and regulations in relation to the charitable company’s operations and activities. The trustees are not aware of any significant non-compliance with laws and regulations.

Independent examiners

Calculus Assurance Services were reappointed as the charitable company’s independent examiners at the annual general meeting, as the trustees decided to take advantage of audit exemption under the Companies Act 2006 and the Charities Act 2011. The trustees view an independent examination as part of governance and internal control of the charity. Calculus Assurance Services have expressed their willingness to continue in that capacity.

Small companies’ exemptions

In preparing this report, the Trustees have taken advantage of the small companies’ exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the Trustees on 27 September 2023 and signed on their behalf by:

Jee Hyeok Lee Chair

7

West Silvertown Village Community Foundation

Independent Examiner’s Report

Year Ended 31 March 2023

I report to the charity trustees on my examination of the financial statements of the company for the year ended 31 March 2023 which are set out on pages 9 to 28.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the financial statements 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 company’s financial statements as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of the Institute of Chartered Accountants in England and Wales , which is one of the listed bodies.

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 that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

James Lambden FCA CTA Calculus Assurance Services

5 Priory Road Loughton Essex, IG10 1AF

Date: 28/09/2023

8

West Silvertown Village Community Foundation

Statement of Financial Activities (including Income and Expenditure Account)

Year Ended 31 March 2023

Note
Income from:
Incoming resources from generated funds:
Donations and grants
2
Activities for generating funds
3
Other incoming resources
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income / (expenditure)
Recognised gains / (losses) on investments
Transfers between funds
Other recognised gains / (losses):
Other gains / (losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
16
Total funds carried forward
16		 2023
2022
Restricted
funds
Unrestricted
funds
Total
Total
£
£
£
£
490,012
18,680
508,692
374,467
-
189,024
189,024
194,507
-
175,896
175,896
168,290
490,012
383,600
873,612
737,264
478,127
388,690
866,817
721,294
478,127
388,690
866,817
721,294
11,885
(5,090)
6,795
15,970
-
-
-
-
-
-
-
-
-
-
11,885
(5,090)
6,795
15,970
79,837
441,936
521,773
505,803
91,722
436,846
528,568
521,773

All income and expenditure derive from continuing activities.

The statement of financial activities includes all gains and losses recognised during the year.

The notes on pages 13-28 form part of these financial statements

9

Company registration number: 03036200

West Silvertown Village Community Foundation

Balance Sheet

Year Ended 31 March 2023

Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Short term deposits
Creditors: amounts falling due within one year
14
Net current assets
Total assets less current liabilities / net assets
Charity Funds
Restricted funds
16b
Unrestricted funds
16a
Total charity funds
16		 2023
£
11,687
11,687
118,462
377,720
151,078
647,260
(130,379)
516,881
528,568
91,722
436,846
528,568		 2022
£
14,394
14,394
113,537
337,803
150,748
602,088
(94,709)
507,379
521,773
79,837
441,936
521,773

The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2023 and of its net resources expended for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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.

The financial statements were approved by the Trustees on 27 September 2023.

Jee Hyeok Lee, Chair

The notes on pages 13-28 form part of these financial statements

10

West Silvertown Village Community Foundation

Statement of Cash Flows

Year Ended 31 March 2023

Note
Cash flow from operating activities
18
Interest paid
Net cash flow from operating activities
Cash flow from investing activities
Payments to acquire intangible fixed assets
Receipts from sales of intangible fixed assets
Payments to acquire tangible fixed assets
Receipts from sales of tangible fixed assets
Payments to acquire investments
Receipts from sales of investments
Interest received
Dividends received
Rents received from investment properties
Net cash flow from investing activities
Cash flow from financing activities
Receipts from issue of new long term loans
Repayment of long term loans
Repayment of finance lease liabilities
Interest paid
Net cash flow from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 01 April 2022
Cash and cash equivalents at 31 March 2023
Cash and cash equivalents consists of:
Cash at bank and in hand
Short term deposits
Cash and cash equivalents at 31 March 2023		 2023
£
256,495
-
256,495
-
-
(216,577)
-
-
-
329
-
-
(216,248)
-
-
-
-
-
40,247
488,551
528,798
377,720
151,078
528,798		 2022
£
136,990
-
136,990
-
-
(115,532)
-
-
-
-
-
-
(115,532)
-
-
-
-
-
21,458
467,093
488,551
337,803
150,748
488,551

The notes on pages 13-28 form part of these financial statements

11

West Silvertown Village Community Foundation

Statement of Changes in Reserves

Year Ended 31 March 2023

Total Reserves
£
Balance as at 31 March 2021 505,803
Surplus/(deficit) from Statement of Comprehensive Income 15,970
______
Balance at 31 March 2022 521,773
Surplus/(deficit) from Statement of Comprehensive Income 6,795
______
Balance at 31 March 2023 528,568
______

The notes on pages 13-28 form part of these financial statements

12

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

1 Summary of significant accounting policies

(a) General information and basis of preparation

West Silvertown Village Community Foundation is a charitable company registered in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The address of the registered office is given in the charity information on page 2 of these financial statements. The charity operates the Britannia Village Hall and the Royal Wharf Community Dock as community hubs providing the local community with access to healthcare, childcare, education and leisure facilities.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice [as it applies from 1 January 2019].

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

(b) Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

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. The aim and use of each restricted fund is set out in the notes to the financial statements.

(c) Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably, and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

13

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

1 Summary of significant accounting policies (continued)

(c) Income recognition ( continued )

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees’ Annual Report.

Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed, and an equivalent amount recognised as charitable expenditure.

Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying rooms and sports facilities for hire, and goods and services in order to raise funds and is recognised when entitlement has occurred.

The charity receives government grants in respect of specific activities. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred.

(d) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

(e) Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

14

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

1 Summary of significant accounting policies (continued)

(f) Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Leasehold improvements 3-5 years straight-line Fixtures & fittings 5 years straight-line Office equipment 5 years straight-line

(g) Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

(h) Cash and cash equivalents

Cash represents cash in hand plus bank balances immediately available to the charity. Cash equivalents and bank balances held on short term deposit available to the charity at up to 3 months’ notice.

(i) Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

(j) Provisions

Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

(k) Leases

Rentals payable and receivable under operating leases are charged to the SoFA on a straight-line basis over the period of the lease.

(l) Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

15

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

1 Summary of significant accounting policies (continued)

(m) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

(n) Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the Statement of Financial Position (balance sheet) date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements:

Other key sources of estimation and assumptions:

16

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

2 Income from donations and grants

Children/young persons’/families grants
Royal Docks Trust
Eastend Community Foundation
Summer Scheme (LB Newham)
Summer Scheme (other)
Community Development (Big Lottery)
Community Development (LB Newham)
Community Development (other)
Community Development (unrestricted)
Youth YP Consortium (LB Newham)*
GLA and Community Led Housing (Mayor of London)
Coronavirus Job Retention Scheme Grant
Small grants and donations		 Restricted Funds
Unrestricted
Funds
Total Funds
2023
Restricted Funds
Unrestricted
Funds
Total Funds
2022
£
£
£
£
£
£
15,718
15,718
16,865
11,000
27,865
25,775
-
25,775
31,692
-
31,692
8,963
-
8,963
9,000
-
9,000
12,536
-
12,536
6,808
-
6,808
4,940
6,561
11,501
-
-
-
9,986
-
9,986
-
-
-
15,000
-
15,000
10,000
-
10,000
-
2,360
2,360
-
11,144
11,144
200,000
-
200,000
200,000
-
200,000
212,000
-
212,000
64,500
-
64,500
-
-
-
-
5,317
5,317
80
975
1,055
-
1,939
1,939
490,012
18,680
508,692
353,851
20,616
374,467

3 Income from activities for generating funds

Hall hire
Rent receivable
Reverse service charge – Britannia		 Restricted Funds
Unrestricted
Funds
Total Funds
2023
Restricted Funds
Unrestricted
Funds
Total Funds
2022
£
£
£
£
£
£
-
132,524
132,524
-
118,690
118,690
-
-
-
-
19,317
19,317
-
56,500
56,500
-
56,500
56,500
-
189,024
189,024
-
194,507
194,507

17

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

4 Other income

Other income
Bank Interest
RODMA service charge refund
Management fee (Royal Wharf)
Reimbursed expenses (Royal Wharf)
User contributions
Car parking
Miscellaneous income
Expenditure by charitable activity
Children/young persons/families (note 6)
Village Hall (note 7)
Royal Wharf Community Dock (note 6a)
Other community activities (note 6a)
Building redevelopment (note 6a)
Governance costs (note 8)		 Restricted Funds
Unrestricted
Funds
Total Funds
2023
Restricted Funds
Unrestricted
Funds
Total Funds
2022
£
£
£
£
£
£
-
329
329
-
-
-
-
-
-
-
-
-
-
25,000
25,000
-
25,000
25,000
-
142,362
142,362
-
136,064
136,064
-
2,445
2,445
-
1,160
1,160
-
5,318
5,318
-
5,612
5,612
-
442
442
-
454
454
-
175,896
175,896
-
168,290
168,290
Restricted Funds
Unrestricted
Funds
Total Funds
2023
Restricted Funds
Unrestricted
Funds
Total Funds
2022
£
£
£
£
£
£
263,477
24,664
288,141
280,917
15,726
296,643
-
175,159
175,159
-
144,114
144,114
3,727
144,701
148,428
6,259
137,599
143,858
4,305
24,103
28,408
9,666
10,153
19,819
206,618
16,656
223,274
73,939
40,136
114,075
-
3,407
3,407
-
2,785
2,785
478,127
388,690
866,817
370,781
350,513
721,294

5 Expenditure by charitable activity

18

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

6 Analysis of Children/Young Persons/Family Costs

Youth/Family Plus
Holiday Schemes
Village Hall – Administration		 Restricted Funds
Unrestricted
Funds
Total Funds
2023
Restricted Funds
Unrestricted
Funds
Total Funds
2022
£
£
£
£
£
£
243,967
17,309
261,276
265,109
8,637
273,746
19,510
7,355
26,865
15,808
7,089
22,897
263,477
24,664
288,141
280,917
15,726
296,643

6a Analysis of expenditure by activities (current year)

Activity costs
Equipment and consumables
Newsletter and publicity
Printing and stationery
Cleaning and waste collection
Rates and service charge
Depreciation
Impairment
Insurance
Light and Heat
Staff costs
Grants payable *
Repairs and improvements
Telephone
Sundries
Office equipment
Management fees
Legal and professional
Bank charges
Total
Reallocation – Village Hall costs		 Holiday
schemes
Youth
Family Plus
Building
redevelopment
Community
development
Royal Wharf
Community Dock
Community
Garden
Britannia Village
Hall & admin
Total Funds
2023
£
£
£
£
£
£
£
£
£
3,635
13,374
1,418
-
7,413
8,793
-
219
34,852
3,096
10,300
1,625
44
3,049
1,077
13
3,399
22,603
-
-
-
-
-
-
-
1,735
1,735
-
200
-
23
1,237
429
-
971
2,860
-
-
-
-
-
-
-
5,251
5,251
-
-
-
-
-
1,895
-
13,878
15,773
-
-
-
-
-
-
-
3,302
3,302
-
-
-
215,983
-
-
-
-
215,983
-
501
-
-
99
600
-
3,576
4,776
-
-
-
-
-
-
-
13,419
13,419
14,276
84,617
21,003
2,779
13,928
133,848
-
131,713
402,164
-
89,124
-
-
-
-
-
10,660
99,784
-
57
-
-
-
-
200
8,775
9,032
-
426
200
-
-
166
-
1,059
1,851
1,600
-
-
-
-
7
-
589
2,196
-
112
-
1,925
-
493
-
7,374
9,904
-
-
-
-
-
-
-
-
-
251
568
12
2,520
-
1,120
-
16,754
21,225
-
-
-
-
-
-
-
107
107
22,858
199,279
24,258
223,274
25,726
148,428
213
222,781
866,817
4,007
33,993
3,746
-
2,469
-
-
(44,215)
-
26,865
233,272
28,004
223,274
28,195
148,428
213
178,566
866,817

19

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

6a Analysis of expenditure by activities (prior year)

Activity costs
Equipment and consumables
Newsletter and publicity
Printing and stationery
Cleaning and waste collection
Rates and service charge
Depreciation
Impairment
Insurance
Light and Heat
Staff costs
Grants payable *
Repairs and improvements
Telephone
Sundries
Office equipment
Management fees
Legal and professional
Bad debts
Total
Reallocation – Village Hall costs		 Holiday
schemes
Youth
Family Plus
Building
redevelopment
Community
development
Royal Wharf
Community Dock
Community
Garden
Britannia Village
Hall & admin
Total Funds
2023
£
£
£
£
£
£
£
£
£
4,411
6,057
1,973
-
1,735
5,835
237
47
20,295
3,856
3,579
905
54
310
1,265
14
1,201
11,184
-
61
-
-
-
-
-
1,405
1,466
108
142
19
43
105
304
-
741
1,462
-
-
-
-
-
-
-
4,458
4,458
-
-
-
-
-
5,068
-
7,601
12,669
-
-
-
-
-
-
-
9,918
9,918
-
-
-
112,783
-
-
-
-
112,783
-
644
-
-
536
600
-
3,010
4,790
-
-
-
-
-
-
-
12,729
12,729
10,931
71,106
11,598
46
14,166
128,410
-
111,816
348,073
-
131,388
-
-
-
-
-
60
131,448
-
-
-
-
-
-
496
10,197
10,693
-
342
-
-
-
164
-
599
1,105
-
-
-
10
-
37
-
565
612
1
(120)
-
1,139
55
1,647
-
5,856
8,578
-
5,000
-
-
-
270
-
9,600
14,870
157
208
104
-
52
259
-
10,595
11,375
-
-
-
-
-
-
-
-
-
19,464
218,407
14,599
114,075
16,959
143,859
747
190,398
718,508
3,433
38,638
2,101
-
2,112
-
-
(46,284)
-
22,897
257,045
16,700
114,075
19,071
143,859
747
144,114
718,508

20

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

7 Allocation of Village Hall Costs

Allocation of Village Hall Costs
Activity costs
Equipment and consumables
Newsletter and publicity
Printing and stationery
Cleaning and waste collection
Rates and service charge
Depreciation
Impairment
Insurance
Light and Heat
Staff costs
Grants payable
Repairs and improvements
Telephone
Sundries
Office equipment
Website development
Management fees
Legal and professional
Bank charges
Total
Allocated to Children/Young Persons/Family
Community development		 Restricted Funds
Unrestricted
Funds
Total Funds
2023
Restricted Funds
Unrestricted
Funds
Total Funds
2022
£
£
£
£
£
£
-
219
219
-
47
47
-
3,399
3,399
-
1,201
1,201
-
1,735
1,735
-
1,405
1,405
-
971
971
-
741
741
-
5,251
5,251
-
4,458
4,458
-
13,878
13,878
-
7,601
7,601
-
3,302
3,302
-
9,918
9,918
-
-
-
-
-
-
-
3,576
3,576
-
3,010
3,010
-
13,419
13,419
-
12,729
12,729
-
131,713
131,713
-
111,816
111,816
-
10,660
10,660
-
60
60
-
8,775
8,775
-
10,197
10,197
-
1,059
1,059
-
599
599
-
589
589
-
565
565
-
7,374
7,374
-
5,856
5,856
-
-
-
-
-
-
-
-
-
-
9,600
9,600
-
16,754
16,754
-
10,595
10,595
-
107
107
-
-
-
-
222,781
222,781
-
190,398
190,398
-
(41,746)
(41,746)
-
(44,172)
(44,172)
-
(2,469)
(2,469)
-
(2,112)
(2,112)
-
178,566
178,566
-
144,114
144,114

21

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

8 Governance costs

Governance costs
Independent examiners remuneration
Legal fees
Bank Charges
Other
Total		 Restricted Funds
Unrestricted
Funds
Total Funds
2023
Restricted Funds
Unrestricted
Funds
Total Funds
2022
£
£
£
£
£
£
-
2,115
2,115
-
1,730
1,730
-
-
-
-
-
107
107
-
85
85
-
1,185
1,185
-
970
970
-
3,407
3,407
-
2,875
2,875

22

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

9 Net income / (expenditure) for the year / period

Net income / (expenditure) is stated after charging / (crediting):

et income / (expenditure) is stated after charging / (crediting):
2023 2022
£ £
Depreciation of tangible fixed assets 3,302 9,918
Impairment of tangible fixed assets 215,983 112,783
Operating lease rentals 652 652
Independent examiners remuneration (excluding VAT) 3,300 3,005

10 Independent examiners remuneration

The independent examiners remuneration amounts to an independent examination fee of £1,900 (2022 - £1,730), accounts preparation of £1,400 (2022 - £1,275) and tax services of £Nil (2022 – £ Nil).

11 Trustee and staff remuneration and associated costs

The trustees neither received nor waived any remuneration or expenses during the year (2022 – Nil).

The average monthly number of employees and full time equivalent (FTE) during the year was as follows:

Average staff numbers 2023 2022
Number FTE Number FTE
Charitable activities 23 11.5 40 11.6
The total staff costs were as follows:
2023 2022
£ £
Wages and salaries 366,012 313,599
Social security 21,540 20,898
Pension costs 9,089 7,630
Redundancy costs - -
Volunteers expenses 300 2,017
396,941 344,144
Other staff costs: training 5,223 4,066
402,164 348,210

Total redundancy / termination payments amount to £Nil (2022 - £ Nil).

No employees received total employee benefits (excluding employer pension costs) of more than £60,000.

Key management personnel remuneration: comprising the staff roles listed on page 2, who make up 2.74 FTE.

Wages and salaries
Social security
Pension costs		 2023
£
106,345
11,486
3,190
121,021

23

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

12 Tangible fixed assets

12
Tangible fixed assets
Cost:
At 01 April 2022
Additions
Disposals
Revaluation
At 31 March 2023
Depreciation and impairment:
At 01 April 2022
Charge for the year
Impairment
Revaluation
Eliminated on disposals
At 31 March 2023
Net book value:
At 31 March 2023
At 01 April 2022
12a
Impairment		 Food Project
Leasehold
Improvement
Fixtures and
fittings
Office
equipment
Total
£
£
£
£
£
13,033
242,840
13,013
12,531
281,417
-
213,012
-
3,565
216,577
-
-
-
-
-
-
-
-
-
-
13,033
455,852
13,013
16,096
497,994
8,529
240,488
11,413
6,592
267,022
-
-
124
3,178
3,302
-
215,983
215,983
-
-
-
-
-
-
-
-
-
-
8,529
456,471
11,537
9,770
486,307
4,504
(619)
1,476
6,326
11,687
4,504
2,352
1,600
5,939
14,395

Costs capitalised in respect of professional fees for potential re-development of the Britannia Village Hall site (part of which are grant funded) prior to receiving planning permission have been provided against in full. The impairment provision is £353,730 (2022: £137,747) and is included in accumulated depreciation in note 12.

13 Debtors

13
Debtors
Trade debtors
Other debtors
Prepayments and accrued income
14
Creditors: amounts falling due within one year
Bank loans and overdrafts
Trade creditors
Other tax and social security
Pension contributions
Other creditors
Accruals and deferred income (Note 14a)		 2023
£
48,948
58
69,456
118,462
2023
£
-
84,565
7,187
-
24,928
13,699
130,379		 2022
£
76,859
195
36,483
113,537
2022
£
-
30,789
5,859
1,712
39,209
17,140
94,709

24

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

14a Deferred income

Hire
charges
Grant in
advance
2023
Hire
charges
Grant in
advance
2022
£
£
£
£
£
£
Brought forward
1,350
-
1,350
-
-
-
Released in year
(1,350)
-
(1,350)
-
-
-
Deferred in year
770
-
770
1,350
-
1,350
Carried forward
770
-
770
1,350
-
1,350
5
Leases
Operating leases - lessee
Total future minimum lease payments under non-cancellable operating leases are as follows:
2023
2022
£
£
Within one year
380
652
Between one and two years
-
380
Between two and five years
-
-
Later than five years
-
-
380
1,032
6
Fund reconciliation
a)
Unrestricted funds
Balance
01 April
2022
Income
Expenditure
Transfers
Gains /
(losses)
Balance
31 March
2023
£
£
£
£
£
£
Current period:
General Funds (BVH)
237,687
194,790
178,566
20,893
-
274,804
: Children/families
-
427
17,309
16,882
-
-
: Holiday schemes
-
7,219
7,355
136
-
-
: Community develop
-
12,014
24,103
12,089
-
-
: Royal Wharf
35,985
169,150
144,701
(50,000)*
-
10,434
Fixed assets:
: Community garden
4,500
-
-
-
-
4,500
: Re-development
137,747
-
-
-
-
137,747
Building development
26,017
-
16,656
-
-
9,361
441,936
383,600
388,690
-
-
436,846		 Hire
charges
Grant in
advance
2023
Hire
charges
Grant in
advance
2022
£
£
£
£
£
£
Brought forward
1,350
-
1,350
-
-
-
Released in year
(1,350)
-
(1,350)
-
-
-
Deferred in year
770
-
770
1,350
-
1,350
Carried forward
770
-
770
1,350
-
1,350
5
Leases
Operating leases - lessee
Total future minimum lease payments under non-cancellable operating leases are as follows:
2023
2022
£
£
Within one year
380
652
Between one and two years
-
380
Between two and five years
-
-
Later than five years
-
-
380
1,032
6
Fund reconciliation
a)
Unrestricted funds
Balance
01 April
2022
Income
Expenditure
Transfers
Gains /
(losses)
Balance
31 March
2023
£
£
£
£
£
£
Current period:
General Funds (BVH)
237,687
194,790
178,566
20,893
-
274,804
: Children/families
-
427
17,309
16,882
-
-
: Holiday schemes
-
7,219
7,355
136
-
-
: Community develop
-
12,014
24,103
12,089
-
-
: Royal Wharf
35,985
169,150
144,701
(50,000)*
-
10,434
Fixed assets:
: Community garden
4,500
-
-
-
-
4,500
: Re-development
137,747
-
-
-
-
137,747
Building development
26,017
-
16,656
-
-
9,361
441,936
383,600
388,690
-
-
436,846		 Hire
charges
Grant in
advance
2022
£
£
£
-
-
-
-
-
-
1,350
-
1,350		 Hire
charges
Grant in
advance
2022
£
£
£
-
-
-
-
-
-
1,350
-
1,350
1,350 -
1,350
2022
£
652
380
-
-
1,032
Balance
31 March
2023
£
274,804
-
-
-
10,434
4,500
137,747
9,361
436,846
441,936
383,600
388,690
-
-

15 Leases

16 Fund reconciliation

(a) Unrestricted funds

25

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

16 Fund reconciliation (continued)

(a) Unrestricted funds (continued)

Prior period:
General Funds (BVH)
: Children/families
: Holiday schemes
: Community develop
: Royal Wharf
Fixed assets:
: Community garden
: Re-development
Building development		 Balance
01 April
2021
Income
Expenditure
Transfers
Gains /
(losses)
Balance
31 March
2022
£
£
£
£
£
£
227,396
199,221
146,898
(42,032)
-
237,687
-
5,817
8,637
2,820
-
-
-
7,081
7,089
8
-
-
3,736
4,950
10,154
1,468
-
-
7,240
166,344
137,599
-
-
35,985
6,300
-
-
(1,800)
-
4,500
24,964
-
-
112,783
-
137,747
138,800
-
40,136
(72,647)
-
26,017
408,436
383,413
350,513
600
-
441,936

(b) Restricted funds

Current period:
Restricted Funds
: Children/families
: Holiday schemes
: Community develop
: Royal Wharf
: Re-development
Prior period:
Restricted Funds
: Children/families
: Holiday schemes
: Community develop
: Royal Wharf
: Re-development		 Balance
01 April
2022
Income
Expenditure
Transfers
Gains /
(losses)
Balance
31 March
2023
£
£
£
£
£
£
59,027
246,433
243,967
-
61,493
-
21,499
19,510
-
-
1,989
5,334
10,080
4,305
-
-
11,109
3,727
-
3,727
-
-
-
11,749
212,000
206,618
-
-
17,131
79,837
490,012
478,127
-
-
91,722
Balance
01 April
2021
Income
Expenditure
Transfers
Gains /
(losses)
Balance
31 March
2022
£
£
£
£
£
£
76,179
248,557
265,109
(600)
-
59,027
-
15,808
15,808
-
-
-
-
15,000
9,666
-
-
5,334
-
9,986
6,259
-
-
3,727
21,188
64,500
73,939
-
-
11,749
97,367
353,851
370,781
(600)
-
79,837

26

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

17 Analysis of net assets between funds

Current period:
Fixed assets
Cash and current investments
Other current assets
Other current liabilities
Provisions / pensions
Total
Prior period:
Fixed assets
Cash and current investments
Other current assets
Other current liabilities
Provisions / pensions
Total		 Unrestricted
funds
Designated
funds
Restricted
funds
Total Funds
2023
Total funds
2022
£
£
£
£
£
7,187
4,500
-
11,687
14,394
289,968
147,108
91,722
528,798
488,551
118,462
-
-
118,462
113,537
(130,379)
-
-
(130,379)
(94,709)
-
-
285,238
151,608
91,722
528,568
521,773
Unrestricted
funds
Designated
funds
Restricted
funds
Total Funds
2022
Total funds
2021
£
£
£
£
£
9,894
4,500
-
14,394
21,563
244,950
163,764
79,837
488,551
467,093
113,537
-
-
113,537
63,186
(94,709)
-
-
(94,709)
(46,039)
-
-
-
-
-
273,672
168,264
79,837
521,773
505,803

18 Reconciliation of net income / (expenditure) to net cash flow from operating activities

Net income / (expenditure) for year
Rents received from investment properties
Interest receivable
Interest payable
Depreciation and impairment of tangible fixed assets
(Profit) / loss on disposal of tangible fixed assets
(Profit) / loss on disposal of fixed asset investments
Provisions less payments
(Increase) / decrease in stock
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash flow from operating activities		 2023
£
6,795
-
(329)
-
219,285
-
-
-
-
(4,925)
35,669
256,495		 2022
£
15,970
-
-
-
122,701
-
-
-
-
(50,351)
48,670
136,990

19 Events after the end of the period

No significant post year end events were identified.

20 Off-balance sheet arrangements

No off-balance sheet arrangements identified

27

West Silvertown Village Community Foundation

Notes to the Financial Statements

Year Ended 31 March 2023

21 Related party transactions

2023 2022
£ £
Statement of financial activities:
Britannia Village Company Limited
− Activities for generating funds (income) 56,500 56,500
− Estate service charge (expenditure) - -
Bonny Downs Community Association
− Charitable activities (expenditure) - 2,221
Britannia Village Primary School
− Activities for generating funds (income) 22,279
− Charitable activities (expenditure) - -
Royal Docks Community Church
− Activities for generating funds (income) 2,400 2,200
Salaries of trustee and key management personnel family members
− C Lee (spouse of J Lee) 31,894
− D Fernandes (spouse of H Fernandes) 6,086 -
Balance sheet
Royal Docks Community Church
− Debtors: amount due within one year (Trade debtors) 50 -

The Ian Gibson a former trustee of the foundation is also a director of Britannia Village General Management Company Limited which contributes £56,500 towards the Village Hall annual running costs from the estate service charge collected from residents. This relationship ended during the year ended 31 March 2023.

The CEO is a trustee of Britannia Village Primary School who made a grant to the foundation to support local families in need and a donation to the summer scheme for children.

The chair of the foundation and the CEO are both trustees of Royal Docks Community Church which hires the BV hall for Sunday activities.

Two family members of trustees and key management personnel are paid employees of the Foundation. Both appointments were made following open recruitment processes.

22 Financial instruments

The Foundation’s financial instruments may be analysed as follows:
Financial Assets
Financial Assets Measured at Amortised Cost
Trade Debtors
Other Debtors
Cash and Cash Equivalents
Total Financial Assets
Financial Liabilities
Financial Liabilities Measured at Amortised Cost
Trade Creditors
Other Creditors
Bank loans and overdrafts payable within one year
Bank loans and overdrafts payable after one year
Total Financial Liabilities		 2023
£
48,948
69,514
528,798
647,260
84,565
45,814
-
-
130,379		 2022
£
76,859
36,678
488,551
602,088
30,789
63,920
-
-
94,709

28

2023-09-28

WSVCF Accounts 31-3-23 - Draft 2-1

Final Audit Report

Created: 2023-09-27 By: James Lambden (james.lambden@hotmail.co.uk) Status: Signed Transaction ID: CBJCHBCAABAATtW6cc9y8R1O39xdKU-RzhJ4O29XPaPk

"WSVCF Accounts 31-3-23 - Draft 2-1" History

Document created by James Lambden (james.lambden@hotmail.co.uk)

2023-09-27 - 5:07:38 PM GMT- IP address: 82.71.43.181

Document emailed to Jee Lee (jee.lee@jefferies.com) for signature

2023-09-27 - 5:07:43 PM GMT

Email viewed by Jee Lee (jee.lee@jefferies.com)

2023-09-27 - 10:46:33 PM GMT- IP address: 104.47.70.126

Document e-signed by Jee Lee (jee.lee@jefferies.com)

Signature Date: 2023-09-27 - 10:47:27 PM GMT - Time Source: server- IP address: 130.41.221.31

Document emailed to James Lambden (james.lambden@calculusaccountants.com) for signature 2023-09-27 - 10:47:28 PM GMT

Email viewed by James Lambden (james.lambden@calculusaccountants.com) 2023-09-28 - 6:16:12 AM GMT- IP address: 82.71.43.181

Document e-signed by James Lambden (james.lambden@calculusaccountants.com) Signature Date: 2023-09-28 - 6:18:26 AM GMT - Time Source: server- IP address: 82.71.43.181

Agreement completed.

2023-09-28 - 6:18:26 AM GMT