## **F.A.I.T.H**
**Report And Financial Statements For The Year Ended 31-Mar-24**
**Charity Number: 1052060**
Report And Financial Statements Page 1
**Financial Statements**
**For The Year Ended: 31-Mar-24**
|**Contents**||
|---|---|
|Report of the Management Committee|3|
|Legal and Administrative Information|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes Forming Part of the Financial Statements|6 to 8|
Report And Financial Statements Page 2
**Report of the Management Committee**
**31-Mar-24**
**For The Year Ended:**
The Management Committee Presents Its Report And Audited Financial Statements For The Year Ended 31-Mar-24
## **Reference and Administrative Information**
Charity Name: F.A.I.T.H Charity Registration Number: 1052060 Company Registration Number: N/A Registered Office And Operational Address: Brambly Hedge, Stubb Road, Hickling, Norfolk, NR12 0BW
## **Auditors**
Caroline Sands And Associates
Report And Financial Statements Page 3
**Statement of Financial Activities (Including Income & Expenditure Account) For The Year Ended: 31-Mar-24**
|**Incoming Resources**
**Incoming Resources**
**From Generated Funds:**
_Voluntary Income:_
Donations and Grants
_Activities for Generating Funds:_
Commission, Shop Takings, Fundraising etc
Investment Income
**Incoming Resources**
**From Charitable Activities:**
Grants and Contracts
**Total Incoming Resources**
**Resources Expended**
**Costs of Generating Funds**
_Costs of Generating Voluntary Income:_
Fundraising Trading: Cost of Goods Sold and Other Costs
**Charitable Activates**
**Governance Costs**
**Total Resources Expended**
**Net Incoming Resources Before**
**Other Recognised Gains**
Gain on Revaluation of Investments
**Net Movement In Funds**
**Reconciliation of Funds**
Total Funds Brought Forward
**Total Funds Carried Forward**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**1,009,360.70**
**-**
**1,009,360.70**
**41,190.09**
**-**
**41,190.09**
**9,337.43**
**-**
**9,337.43**
**-**
**-**
**-**
**1,059,888.22**
**0.00**
**1,059,888.22**
**2,227.05**
**-**
**2,227.05**
**379,582.72**
**379,582.72**
**8,420.00**
**-**
**8,420.00**
**390,229.77**
**0.00**
**390,229.77**
**669,658.45**
**-**
**669,658.45**
**-**
**-**
**-**
**669,658.45**
**0.00**
**669,658.45**
**1,048,854.58**
**-**
**1,048,854.58**
**1,718,513.03**
**0.00**
**1,718,513.03**|**Previous Year**
**Funds**
**£**
**190,049.20**
**27,155.58**
**1,365.24**
**-**|
|---|---|---|
|||**218,570.02**|
|||**3,359.00**
**272,145.19**
**3,431.17**|
|||**278,935.36**|
|||**-60,365.34**
**-**|
|||**-60,365.34**|
|||**1,103,525.30**|
|||**1,043,159.96**|
The Statement of Financial Activities Includes All Gains And Losses In The Year. All Incoming Resources And Resources Expended Derive From Continuing Activities.
Report And Financial Statements Page 4
**For The Year Ended: 31-Mar-24**
## **Balance Sheet**
||**Current Year**|**Current Year**|**Current Year**|**Previous Year**|
|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|
|**Fixed Assets**|||||
|Tangible Assets|3||774,902.56|781,805.28|
||||774,902.56|781,805.28|
|Stock||-||-|
|Debtors|4|790.46||790.46|
|Cash At Bank And In Hand||947,980.66||267,137.91|
|||948,771.12||267,928.37|
|Creditors: Amounts Falling|||||
|Due Within One Year|5|5,160.59||3,066.69|
|||5,160.59||3,066.69|
||||||
|||943,610.53|943,610.53|264,861.68|
||||1,718,513|1,046,666.96|
|**Unrestricted Funds**|||||
|Designated Funds|||1,718,513.03|1,048,854.58|
|Revaluation Funds|||-|-|
|General Funds|||-|-|
||||1,718,513.03|1,048,854.58|
|**Restricted Funds**|||-|-|
|**Total Funds**|||1,718,513|1,048,854.58|
These accounts have been prepared in accordance with the provisions applicable to companies subject to the Small Companies Regime.
Approved By The Management Committee And Signed On Its Behalf By:
Report And Financial Statements Page 5
**Notes Forming Part Of The Financial Statements For The Year Ended: 31-Mar-24**
## **1. Accounting Policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## **1a. Basis of Accounting**
The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed asset investments at market value, and in accordance with the Companies Act 2006 and the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005.
## **1b. Fund Accounting**
- Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Unrestricted funds include a revaluation reserve representing the restatement of investment assets at market value.
- Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes.
- Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
- **1c. Incoming Resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
The following specific policies are applied to particular categories of income:
- Voluntary resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
- Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.
- Investment income is included when receivable.
- Incoming resources from charitable trading activity are accounted for when earned.
- Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.
## **1d. Resources Expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
- Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.
- All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. floor areas,per capita or estimated usage as set out in Note 4.
## **1e. Fixed Assets**
Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £1,000.00 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which in all cases is estimated at 4 years.
Report And Financial Statements Page 6
**Notes Forming Part Of The Financial Statements**
**For The Year Ended: 31-Mar-24 Continued…**
## **2. Taxation**
As a charity they are exempt from tax on income and gains falling withing section 505 of the Taxes Act 1988 or S256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity
## **3. Tangible Fixed Assets**
|**Cost**
At Beginning Of Year
Additions / Disposals
At End of Year
**Accumulated Depreciation**
At Beginning Of Year
Charge for the year
At End of Year
**Net Book Value**
At Beginning Of Year
At End of Year|**Freehold**
**Plant &**
**Office**
**Property**
**Machine**
**Equipment**
744,188.00
55,771.00
71,196.00
0.00
24,950.00
0.00
744,188.00
80,721.00
71,196.00
0.00
38,182.00
51,167.00
0.00
4,874.00
2,029.00
0.00
43,056.00
53,196.00
744,188.00
17,589.00
20,029.00
744,188.00
37,665.00
18,000.00|**TOTAL**
871,155.00
24,950.00|
|---|---|---|
|||896,105.00|
|||89,349.00
6,903.00|
|||96,252.00|
||||
|||781,806.00|
||||
|||799,853.00|
## **4. Debtors**
Prepayments
-
**5. Creditors - Amounts Falling Due Within One Year:**
Accountancy 990.00
Report And Financial Statements Page 7
Charity Number: 1052060
F.A.I.T.H **Income and Expenditure** Y/e 31st March 2024
**2024 £ £**
**2023 £**
**£**
## **Income**
|**Expenses**|Voluntary Income
Donations
**117,310.89**
Gift Aid
Legacy
**891,368.33**
Charities Aid
**681.48**
Virgin Money Giving
_1,009,360.70_
Activities For Generating Funds
Fund Raising
Collection Boxes
Site Shop
**235.00**
Grant
PayPal Giving & Facebook&AmazonCore
**1,708.65**
Pet Plan Commission
**9,915.50**
Just Giving & Easy Fundraising
**1,165.86**
HMRC Charities
Birches Holiday Lettings
**25,508.19**
Misc Refunds Issued
_38,533.20_
Investment Income
Interest
**9,337.43**
Interest From Bond Maturity
_9,337.43_
Rural Payment Agency
**2,656.89**
**Total Income**
**1,059,888.22**
Fundraising Costs
Rent/Rates
2,011.05
Fund Raising Exp.
216.00
Online Services
2,227.05
Charitable Activities
Property / Ground Maintenance
63,875.52
Motor and Travel
3,284.83
Light & Heat
12,535.24
Telephone
2,934.75
Insurance
1,939.43
P.P.S.A.
2,758.23
Repairs & Renewals
7,908.71
Cleaning
10,424.57
Course Fees and Books
1,516.20
Health and Safety
Microchips
Bank Charges (Wages Transfer)
2,751.23
Wages & Casual
169,650.89
Nest Pension
6,228.10
Farrier & Vet Expenses
54,696.28
Fodder & Haylage
4,920.38
Website
397.99
Transport
Septic Tank Empty
Saddlery
638.00
Subsistence and Travel
Farm Tenancy
15,000.00
Returned Dep
50.00
Subscriptions
965.40
Sundries- Vending Machine
Badges & Sweatshirts
Holiday let Exp
10,204.25
Depreciation
6,902.72
Loss on Disposal of Fixed Assets
379,582.72
Governance Costs
Professional / Legal Fees
6,930.00
Accountancy
1,490.00
8,420.00
390,229.77
390,229.77
**Excess Income Over Expenditure**
669,658.45
~~Accounts Page 8~~|106,638.40
150.00
81,403.51
1,857.29
_190,049.20_
2,557.71
10,400.54
3,112.21
10,757.49
327.63
_27,155.58_
1,365.24
_1,365.24_
5,694.62
**224,264.64**
2,697.02
216.00
445.98
3,359.00
13,537.17
6,705.32
9,788.76
2,091.40
4,044.64
1,960.77
15,329.79
9,114.51
-
-
2,513.39
118,730.90
4,535.83
40,946.54
7,419.40
10,200.00
300.00
15,000.00
1,814.00
790.90
8,779.54
-1,457.67
272,145.19
2,031.17
1,400.00
3,431.17|106,638.40
150.00
81,403.51
1,857.29|
|---|---|---|---|
||||_190,049.20_|
||||2,557.71
10,400.54
3,112.21
10,757.49
327.63|
||||_27,155.58_|
||||1,365.24|
||||_1,365.24_|
||||5,694.62|
||||**224,264.64**|
|||278,935.36
278,935.36||
||||-54,670.72|
|||||
|F.A.I.T.H
**Profit and Loss Account**
Y/e 31st March 2024
**Capital Account**
Balance b/f
**Add**: Excess Income Over Expenditure
**Less:**
**Represented by**
**Fixed Assets At Cost**
**Current Assets**
Cash At Bank - Barclays
Caf Cash
Caf Cash Gold
Cash In Hand
Paypal
Debtors
**Current Liabilities**
Creditors
Bank Overdraft- B/Card
Loan Balance|**2023**
**£**
**£**
1,048,854.58
669,658.45
669,658.45
669,658.45
**1,718,513**
774,902.56
89,665.99
6,180.39
841,052.16
6,210.93
4,871.19
790.46
990.00
4,170.59
943,610.53
943,610.53
**1,718,513**
-0.06|Charity Number: 1052060
**2022**
**£**
**£**
1,103,525.30
-54,670.72|Charity Number: 1052060
**2022**
**£**
**£**
1,103,525.30
-54,670.72|
|---|---|---|---|
|||-54,670.72
-54,670.72
**1,048,854.58**
781,805.28
71,291.19
7,899.14
185,284.40
1,289.29
1,373.89
790.46
960.00
-80.99
-||
|||267,049.36
267,049.36
**1,048,854.64**||
||||**1,048,854.64**|
|||||
File Copy Only
**FAITH** Charity No (if any) **1052060** Annual accounts for the period **CC17a** Period end Period start date **To 01/04/2023** date **31/03/2024 Section A Statement of financial activities Recommended categories Details of own Unrestricted Restricted Endowment Total this Total last by activity analysis funds income funds funds year year £ £ £ £ £ Incoming resources (Note 3)** F01 F02 F03 F04 F05 **Incoming resources from** - - - - - **generated funds** Voluntary income 1,009,360.70 S01 1,009,361 - - 1,009,361 190,049 Activities for generating funds 41,190.09 S02 41,190 - - 41,190 32,850 Investment income 9,337.43 S03 9,337 - - 9,337 1,365 Incoming resources from charitable activities S04 - - - - - Other incoming resources S05 - - - - - _**Total incoming resources**_ S06 1,059,888 - - 1,059,888 224,265 **Resources expended (Notes 4-8)** - - - - - **Costs of Generating Funds** Costs of generating voluntary income S07 - - - - - Fundraising trading costs 2,227.05 S08 2,227 - - 2,227 3,359 Investment management costs S09 - - - - - Charitable activities 379,582.72 S10 379,583 - - 379,583 272,145 Governance costs 8,420.00 S11 8,420 - - 8,420 3,431 Other resources expended S12 - - - - - _**Total resources expended**_ S13 390,230 - - 390,230 278,935 _**Net incoming/(outgoing) resources before transfers**_ S14 669,658 - - 669,658 - 54,671 **Gross transfers between funds** S15 - - - - - _**Net incoming/(outgoing) resources before other recognised gains/(losses)**_ S16 669,658 - - 669,658 - 54,671 ~~Sfrss:~~ **Other recognised gains/(losses)** Gains and losses on revaluation of fixed assets for the charity’s own use S17 - - - - - Gains and losses on investment assets S18 - - - - - _**Net movement in funds**_ S19 669,658 - - 669,658 - 54,671 **Total funds brought forward** S20 1,048,855 - - 1,048,855 1,103,525 _**Total funds carried forward**_ S21 1,718,513 - - 1,718,513 1,048,855 ~~[i]~~ CC17a (Excel) 1
## **Section B Balance sheet**
|**Fixed assets**
**Tangible assets (Note 9)**
**Investments (Note 10)**
**_Total fixed assets_**
**Current assets**
**Stock and work in progress**
**Debtors (Note 11)**
**(Short term) investments**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within one**
**year (Note 12)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after one**
**year (Note 13)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 14)**
**Endowment funds(Note 15)**
**_Total funds_**
Signed by one or two trustees on behalf of all the
trustees|Note
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|
|---|---|---|---|---|---|---|
|||774,903|-|-|774,903|781,805|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||774,903|-|-|774,903|781,805|
||||||||
|||-|-|-|-|-|
|||790|-|-|790|790|
|||-|-|-|-|-|
|||947,981|-|-|947,981|267,138|
|||948,771|-|-|948,771|267,928|
||||||||
|||5,161|-|-|5,161|960|
||||||||
|||943,611|-|-|943,611|266,968|
||||||||
|||1,718,513|-|**-**|1,718,513|1,048,774|
||||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
||||||||
|||1,718,513|-|-|1,718,513|1,048,774|
||||||||
||||||1,718,513|1,048,774|
|||-|||-|-|
||||-||-|-|
|||||-|-|-|
||||||||
|||-|-|-|1,718,513|1,048,774|
||||||||
|||Signature||Print|Name|Date of
approval|
||||||||
||||||||
CC17a (Excel)
2
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
- and with* Accounting Standards;
or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act 1993.
- [except for the following].
## _**N/A**_
- -Tick as appropriate:
- if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
· if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.
** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.
## **1.2 Change in basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (except for the following).
## _**N/A**_
## **1.3 Changes to previous accounts**
No changes have been made to accounts for previous years (except for the following).
## _**N/A**_
CC17a (Excel)
3
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **INCOMING RESOURCES**
|**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:|
|---|---|
|**resources**|· the charity becomes entitled to the resources;|
||· the trustees are virtually certain they will receive the resources; and|
||· the monetary value can be measured with sufficient reliability.|
|**Incoming resources with related**|
Where incoming resources have related expenditure (as with fundraising or contract income) the|
|**expenditure**|incoming resources and related expenditure are reported gross in the SoFA.|
|**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the|
||resources.|
|**Tax reclaims on donations and**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they|
|**gifts**|relate.|
|**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.|
|**performance related grants**||
|**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually
realised.|
||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by|
||the charity.|
||Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.|
|**Donated services and facilities**|These are only included in incoming resources (with an equivalent amount in resources expended) where|
||the benefit to the charity is reasonably quantifiable, measurable and material_._The value placed on these|
||resources is the estimated value to the charity of the service or facility received.|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the trustees’
annual report.|
|**Investment income**|This is included in the accounts when receivable.|
|**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing|
||investments to market value at the end of the year.|
|**EXPENDITURE AND**|**LIABILITIES**|
|**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to|
||pay out resources.|
|**Governance costs**|Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and|
||cost of any legal advice to trustees on governance or constitutional matters.|
|**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service or output|
|**conditions**|to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided|
||the specified service or output.|
|**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are no conditions|
|**performance conditions**|to be met relating to the grant which remain in the control of the charity.|
|**Support Costs**|Support costs include central functions and have been allocated to activity cost categories on a basis|
||consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs|
||by the time spent and other costs by their usage.|
|**ASSETS**||
|**Tangible fixed assets for use by**|These are capitalised if they can be used for more than one year, and cost at least £500. They are valued|
|**charity**|at cost or a reasonable value on receipt.|
|**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year end. Other|
||investment assets are included at trustees' best estimate of market value.|
|**Stocks and work in progress**|These are valued at the lower of cost or market value.|
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
CC17a (Excel)
4
## **Section C Notes to the accounts (cont)**
## **Note 3 Analysis of incoming resources**
_**Incoming resources may be further analysed if this would help the reader of the accounts.**_
|**Voluntary income**
**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
||Donations|117,311|106,638|
||Gift Aid|-|150|
||Legacy|891,368|81,404|
||Grant|-|-|
||Virgin MoneyGiving|-|-|
||Charities Aid|681|1,857|
||**Total**|1,009,361|190,049|
|||||
||Fund Raising|1,166|-|
||Birches HolidayLetting|25,508|-|
||Rural Payment Agency|2,657|-|
||Misc Refunds|-|11,085|
||Grant|1,709|2,558|
||Badges|0|-|
||Petplan Com|9,916|10,401|
||**Total**|40,955|24,043|
|||||
||Interest|9,337|1,365|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|9,337|1,365|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
CC17a (Excel)
5
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of resources expended**
**Resources expended may be further analysed if this would help the reader of the accounts.**
|**Costs of generating**
**voluntary income**
**Investment management**
**costs**
**Charitable activities**
**Fundraising trading**
**costs**
**Governance costs**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
||ShopRent and Rates|2,011|2,697|
||Fund RaisingExpenses|216|216|
||Licence|-|
-|
||Online Services|-|446|
|||-|
-|
||**Total**|2,227|3,359|
|||||
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
||PropertyMaintenance|63,876|13,537|
||Motor and Travel|3,285|6,705|
||Light and Heat|12,535|9,789|
||Telephone|2,935|2,091|
||Insurance|1,939|4,045|
||PPSA|2,758|1,961|
||Repairs and Renewals|7,909|15,330|
||Cleaning|10,425|9,115|
||Microchips|-|-|
||Bank Charges|2,751|2,513|
||Wages|175,879|118,731|
||Vet|54,696|40,947|
||Fodder|4,920|7,419|
||Transport|-|-|
||Tank Empty|-|-|
||Saddlery|638|300|
||RemainingIncome and
Expenditure|33,122|26,384|
||**Total**|377,669|258,867|
|||||
||Legal and Professional|6,930|2,031|
||Accountancy|1,490|1,400|
|||-|-|
||**Total**|8,420|3,431|
CC17a (Excel)
6
## **Section C Notes to the accounts (cont)**
## **Note 5 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
|**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**|
|---|---|---|---|---|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
|**Total**|-|-|-|-|
## **Note 6 Details of certain items of expenditure**
## **6.1 Trustee expenses**
_**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_
|**Number of trustees** **who were paid expenses**
**Nature of the expenses**
**Total amount paid**|**This year**|**Last year**|
|---|---|---|
||**0**|**0**|
||||
||**0**|**0**|
## **6.2 Fees for examination or audit of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_
**Independent examiner’s or auditors' fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor**
|**This year**
**£**|**Last year**
**£**|
|---|---|
|990.00|960.00|
|||
CC17a (Excel)
7
## **Section C Notes to the accounts (cont)**
## **Note 7 Paid employees**
_**Please complete this note if the charity has any employees.**_
## **7.1 Staff Costs**
|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|
|||175,879|123,267|
|||-|-|
|||-|-|
|||175,879|123,267|
|||||
||**mployees in the year**|**This year**
**Number**|**Last year**
**Number**|
||**Fundraising**|-|-|
||**Charitable Activities**|-|-|
||**Governance**||1|
||**Other**||4|
||**Total**|-|5|
## **7.3 Defined contribution pension scheme**
_**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme**
**The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end**
||**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
||||
||||
||||
CC17a (Excel)
8
## **Section C Notes to the accounts (cont)**
## **Note 8 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **8.1 Total value of grants**
|**8.1 Total value of grants**|||
|---|---|---|
|**Purpose for whichgrants made**|**Grants to**
**institutions**
**Total amount £**|**Grants to**
**individuals**
**Total amount £**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**_Total_**|**-**|**-**|
## **8.1 Grantmaking costs**
_**If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **Support costs of grantmaking**
**£**
## **8.3 Grants made to institutions**
_**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_
|**_should begiven toprovide a reasonable_**|**_understanding of the range of institutions supported._**||
|---|---|---|
|**Names of institutions**|**Purpose**|**Total amount of**
**grantspaid £**|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_Total grants to institutions_**||**-**|
CC17a (Excel)
9
**Section C Notes to the accounts (cont)**
## **Note 9 Tangible fixed assets**
## _**Please complete this note if the charity has any tangible fixed assets**_
## **9.1 Cost or valuation**
|Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried forward|**Freehold land &**
**buildings**
**£**|
**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|**Fixtures, fittings**
**and equipment**
**£**|
**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**|
|---|---|---|---|---|---|---|
||744,188|-|55,771|71,196|-|871,155|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||744,188|-|55,771|71,196|-|871,155|
## **9.2 Accumulated depreciation and impairment provisions**
|****Basis**
**** Rate**
Balance brought
forward
Depreciation charge for
year
Impairment provisions
Revaluations
Disposals
Transfers*
Balance carried forward
Brought forward
Carried forward
**9.3 Net book value**|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|
|---|---|---|---|---|---|---|
||||25%|15%|||
||-|-|38,182|51,167|-|89,349|
||-||4,874|2,029|-|6,903|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|43,056|53,196|-|96,252|
||||||||
||744,188|-|17,589|20,029|-|781,806|
||744,188|-|12,715|18,000|-|774,903|
## **9.4 Revaluation**
_**If any fixed assets have been revalued please give details of the valuer and method of valuation**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
CC17a (Excel)
10
## **Section C Notes to the accounts (cont)**
## **Note 10 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **10.1 Fixed assets investments**
|**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value|**£**|
|---|---|
||-|
||-|
||-|
||-|
||-|
## _**Please provide below:**_
## **10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.**
## **10.3 A breakdown of the income from investments agreeing with SOFA row S03.**
|**10.3 A breakdown of the income from investments agreeing with SOFA row S03.**|||
|---|---|---|
|**Investments in subsidiary or connected undertakings and companies**
**Analysis of investments**
**Other investments**
**Total**
**Investment properties**
**Securities not listed on a recognised Stock Exchange**
**Cash held as part of the investment portfolio**
**Investments listed on a recognised stock exchange or held in common investment**
**funds, open ended investment companies, unit trusts or other collective investment**
**schemes**|**10.2**
**Market value at**
**year end**
**£**|**10.3**
**Income from**
**investments for**
**the year**
**£**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
## **10.4 Material investment holdings**
**If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.**
## **Investment held**
**Market Value**
CC17a (Excel)
11
**Section C Notes to the accounts (cont)**
## **Note 11 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
|**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated undertakings**
**Other debtors**
**Prepayments and accrued income**
**Total**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
## **Note 12 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **12.1 Analysis of creditors**
|**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
|||-|-|-|
||-|-|-|-|
||990|960|-|-|
||-|-|-|-|
||990|960|-|-|
## **12.2 Security over assets**
_**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_
CC17a (Excel)
12
## **Section C Notes to the accounts (cont)**
## **Note 13 Endowment and restricted income funds**
_**Please complete this section if the charity has any endowment or restricted income funds.**_
## **13.1 Funds held**
**Please give a brief description of any of the following type of funds held by the charity:**
- **permanent endowment funds (PE);**
- **expendable endowment funds (EE); and**
- **restricted income funds, including special trusts, of the charity (R).**
|**Fund**|**Name**|**Type PE, EE**
**or R**|**Purpose and Restrictions**|
|---|---|---|---|
## **13.2 Movements of major funds**
_**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_
|**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
|**Total Funds**|-|-|-|-|-|-|
## **13.3 Transfers between funds**
_**Please give details of any transfers between funds.**_
**From Fund (Name) To Fund (Name) Reason Amount**
CC17a (Excel)
13
## **Section C Notes to the accounts (cont)**
## **Note 14 Transactions with related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_
## **14.1 Remuneration and benefits**
_**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_
|**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|
|||**This year**
**£**|**Last year**
**£**|
|Dale Simmance (Wages)
Claire Simmance (Wages)|Employed Under Licence Of
Charities Commission
||**£35,747.44**|
## **14.2 Loans**
_**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_
|**Due to trustees and**
**related parties**
**Due from trustees and**
**related parties**|**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|**Amount owing**|
|---|---|---|---|---|
||||**This year**
**£**|**Last year**
**£**|
||**None**||||
||**None**||||
## **14.3 Other transaction(s) with trustees or related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_
|**_material interest._**|||||
|---|---|---|---|---|
|**Name of the trustee or**
**related party**|**Relationship to charity **|**Description of the transaction(s)**|**This year**
**£**|**Last year**
**£**|
|**None**|||||
||||||
||||||
CC17a (Excel)
14
## **Section C Notes to the accounts (cont)**
**Note 15 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
CC17a (Excel)
15
Charity Number: 1052060
F.A.I.T.H **Income and Expenditure DRAFT COPY** Y/e 31st March 2023
**2023**
**2022**
**£**
**£**
**£**
**£**
## **Income**
|**Expenses**|Voluntary Income
Donations
Gift Aid
Legacy
Charities Aid
Virgin Money Giving
Activities For Generating Funds
Fund Raising
Collection Boxes
Site Shop
HMRC Charities
PayPal Giving&Facebook
Pet Plan Commission
Just Giving&Easy Fundraising
Birches Holiday Lettings
Misc Refunds Issued
Investment Income
Interest
Interest From Bond Maturity
Rural Payment Agency
**Total Income**
Fundraising Costs
Rent/Rates
Fund Raising Exp.
Online Services/Web
Charitable Activities
Property / Ground Maintenance
Motor and Travel
Light & Heat
Telephone
Insurance
P.P.S.A.
Repairs & Renewals
Cleaning
Course Fees and Books
Health and Safety
Microchips
Bank Charges (Wages Transfer)
Wages & Casual
Nest Pension
Farrier & Vet Expenses
Fodder & Haylage
Transport
Saddlery
Septic Tank Empty
Saddlery
Subsistence and Travel
Farm Tenancy
Returned Dep
Subscriptions|106,638.40
150.00
81,403.51
1,857.29
0.00
_190,049.20_
0.00
0.00
0.00
0.00
2,557.71
10,400.54
3,112.21
10,757.49
327.63
_27,155.58_
1,365.24
-
_1,365.24_
**5,694.62**
**224,264.64**
2,697.02
216.00
445.98
3,359.00
13,537.17
6,705.32
9,788.76
2,091.40
4,044.64
1,960.77
15,329.79
9,114.51
0.00
0.00
0.00
2,513.39
118,730.90
4,535.83
40,946.54
7,419.40
10,200.00
300.00
0.00
0.00
0.00
15,000.00
1,814.00
790.90|107,208.50
500.00
174,645.70
942.18
5,165.27
_288,461.65_
4,483.18
0.00
0.00
0.00
10,446.49
10,838.02
2,119.94
-
0.00
_27,887.63_
28.88
-
_28.88_
6,312.19
**322,690.35**
2,932.13
216.00
0.00
3,148.13
9,448.82
13,161.14
9,428.83
1,466.70
2,835.42
817.62
7,090.65
5,762.36
-
-
705.60
3,018.63
131,723.38
4,893.29
34,221.51
10,910.40
2,955.71
420.00
0.00
0.00
0.00
15,000.00
0.00
1,032.12|107,208.50
500.00
174,645.70
942.18
5,165.27|
|---|---|---|---|---|
|||||_288,461.65_|
|||||4,483.18
0.00
0.00
0.00
10,446.49
10,838.02
2,119.94
-
0.00|
|||||_27,887.63_|
|||||28.88
-|
|||||_28.88_|
|||||6,312.19|
|||||**322,690.35**|
|Sundries- Vending Machine
Badges & Sweat shirts
Newsletters
Depreciation
Loss on Disposal of Fixed Assets
Governance Costs
Professional / Legal Fees
Accountancy
**Excess Income Over Expenditure**|0.00
0.00
0.00
8,779.54
-1,457.67
272,145.19
2,031.17
1,400.00
3,431.17
278,935.36
278,935.36
-54,670.72|0.00
0.00
0.00
2,667.52
-
257,559.70
3,351.00
1,360.00
4,711.00|0.00
0.00
0.00
2,667.52
-
257,559.70
3,351.00
1,360.00
4,711.00|
|---|---|---|---|
|||265,418.83
265,418.83||
||||57,271.52|
## F.A.I.T.H **Profit and Loss Account DRAFT COPY** Y/e 31st March 2023
|**Capital Account**
Balance b/f
**Add**:
Excess Income Over Expenditure
**Less:**
**Represented by**
**Fixed Assets At Cost**
**Current Assets**
Cash At Bank - Barclays
Caf Cash
Caf Cash Gold
Cash In Hand
PayPal
Debtors
**Current Liabilities**
Creditors
Bank Overdraft/Bccard
Loan Balance|**2023**
**£**
**£**
1,103,525.30
-54,670.72
-
-54,670.72
-54,670.72
**1,048,854.58**
781,805.28
71,291.19
7,899.14
185,284.40
1,289.29
1,373.89
790.46
960.00
-80.99
267,049.36
267,049.36
**1,048,854.64**
-0.06|**£**
57,271.52
-|
|---|---|---|
|||57,271.52
101,338.72
9,476.57
202,187.44
902.24
2,976.78
790.46
940.00
0.00
-|
|||316,732.21|
Charity Number: 1052060
**----- Start of picture text -----**
2022
**----- End of picture text -----**
**£** 1,046,253.78
57,271.52 **1,103,525.30**
786,793.13
316,732.21 **1,103,525.34**