COMPANY REGISTRATION NUMBER: 03156756 CHARITY REGISTRATION NUMBER: 1053026 Burwell Community Print Centre Limited Company LimRted by Guarantee Unaudited Financial Statements For the year ended 31 March 2024
Burwell Community Print Centre Limited Company Limited by Guaranlee FinandAI Statements Year ended 31 M8r¢h 2024 Pgge$ Trust¢¢s' annual Teport (in¢otporating the dire¢toes report) Ito5 Independent examiner's report to the trnstees ststement of fman¢ial activities {in¢luding inwme and expendi1C account) Statement of fll)ancial position Notes to the financial statements 9t017
Burwell Community Print Centre Limited Comp4Dy Lfimitsd by Guarantee Trnsttes, Annual Report (Intoryorathig the Director's Rep)rt) Year ended 31 Mareh 2024 The trustees. who are also the directors for the pu4x>ses of company law. present their report and the unaudited financial staternents of the charAty for the year ended 31 March 2024. Reference and administrative details Reglster¢d ¢harlty name Burwell Com]nunity Print Centre Limited Cb*rity registratlon number 1053026 Company registratlon number 03156756 Prlnelpal office And reglstered offlee The Causeway Burwell Cambridgeshire CB25 ODU The trustees Hazel Williams MBE Giles Cox ary Hammond (Vicc Chair) Roscrnary Emmett Simon Gison (freasurer) John Smith (Chair) Company tretary Giles Cox Independent ex2mlner Mr Sbane Thathy FCA For and on behalf of Streets Chartered Accountants 3 Wellbrook Court Girton Cambridge CB3 ONA Stru¢turei governance 2nd management Governing document Burwell Community Print Centre Limited ('Print C¢ntr¢") is constitutcd &s a company limited by guarantee. and is govemed by its Mcmorandum and Articles of Association.
Burwell Community Print Centre Limited Company Limlted by Guarantee Trnsteesl Annual Report (Ineorporathig the Directorls Report) {e•hth4¢4) Year ended 31 Mar¢h 2024 Structur4 governance And mY4nagement (conilxuéd) Orggnts8donAI strncture The trusteesldirectors of the Print Centre meet separntely as a Board on a regular basis and between four and six times each year to detern)ine the overau general policy and fiduciary responsibilities of the company. A quorum of four ¢rust¢es present at a board nwting is required for the transaction of busIns. Staff of the charity have delegated autlM)rity to caTry Out day-to-day work within policies agreed by the Board. Two subgroups, Finance and EmploymenL havebeen fornied with members of Staff and Trustees to oversee these key sectors of the enterprise. Relationships with other groups Burwell Community Print Centre maintains strong relations with other social Iraining enteTPTiS¢S Within Cambridgeshire through the Social Training and Enten$¢8 Network Group {STEnG). Trustee reernltment and aPPOiDtment The trustees may at their discretion adn]it to membership of the company persons who support the objects of the charity, provided tbat no individual shall be admitted to membership who is under eighteen years of age or who is an UDdischarg¢dbaDkrupt orwho is otherwise prevented by law from being a company director or a clwity trustee. Upon becoming a member of the Company, a person shall also become a lntee. Rlsk management The trustees continue to review the major risks to which the clwity maybe exposed to and to implement systems to mitigate those risks vtherever possible. This report covers the period from end of March 2023 to 31 March 2024. The on-going challenge 15 to se¢uff the longevity of this enterprise. With a background of increasing financial pressures over recent years starting with Covid and followed by the ¢ost-of-]iving incr¢ases r¢du¢ing disposabl¢ income and dampening ewnomic confiden¢e. These challenges have escalate We s¢¢ a continuing need for printed material. however, the impact of the new electroDi¢ world cannot be i0 and we have recognis¢d the need for diversify in our business activities. Our new venture is to add craft products to our portfolio and have taken a lease on a small shop in close proximity to OUT main site. As well as adding an additional revenue stream the craft shop provides an extension to the work experience and skills we Can offer to our clients.
Burwell Community Print Centre Limited Company Llmlted by Guarantee Trustees, Annual Report (InCorporath the Dirertor's Report) {eoArth&¢d) Year ended 31 March 2024 Objectives and activitiei Th£ objects of the chaTity as stated in the Memorandum of Association are to provide slkeltered work experience and training for adults with Special needs - th&se adults are known as 'Printers'. During the year. tbe charity was able to provide places for 30 Printers attending Burwell Community Print Centre for one or two days each week - each 'Printer' having a Support Wojker and a training programme of measurable tasks and arhievemcnts. Our mission is to proniote itid¢p¢ndence and increase self-esteem for adults with learning disabilities in a stimulating working environmenL while providing quality Comthunity prinlittg and related servi¢es. Our vislon 15 to. Provide a b&8e forvocational traitiing and work ¢xp¢riell¢e within a sheltered working environment* providing a service based on individual needs. Promote self_advocacy within an organisation where all can be fully and actively involved in every aspect of its operation. Run a quality Community print seryice. Raise awareness within the local community. of the potenti of people with learning disabilities. Enable individuals to ar¢e5s gmployment services. In the exercise of OUT powers to that end w¢ have paid due regard to the published guidance from the Charity Commission on the operation of the Public Benefit requirement under the Charitie5 Act 2011.
Burwell Community Print Centre Llmlted Company Limited by GuarAntee Trustees, Annual Report Oncorporating the Director's Report) Year ended 31 March 2024 Achievements 2nd perfornance Annual Re rt: Centre Perfonnance Review This has been a very positive year for the Centre. marked by notable growth in several key areas. Financial Overview The Centre's total income increased by £63,190, reflecting a Strong finan¢i81 perforn)an¢e across multiple revenue str¢ams. Income from Adult Social Care (ASC) services saw a 250/0 rise, reaching £129,946. This boost was partly due to back payments, which contributed significantly to the overall increase. While revenue from print work decreased by IIP/o to £102,117. the income generated by the shop nearly doubled, reaching £21,798, which helped to offsei the decline in wint sales. Staff and erational Than cs- In line with the Centre's growth and op¢rational adjustm¢nt8. a staff pay award of 3.5•/0 was implement¢d. However, the overall Cost of employment renilled stabl¢ at approxinmtely £170,000. thanks to reduced bours following the maDagcment reorganisaÈion. At the start of the year, the Chair was still serving as the interim manager following the resignation of the previous mallr in October 2022. This arrangement was concluded in September 2023 with the fornial appointment of three existing staff members as co-managers, ensuring continuity in leadership. Fundraisin and Develo ment". In April 2023, the Centre engaged a fundraising consultant on a rolling three-month Contract. The results have been ¢xtrerAely prornising. with significant increases in donations. Notably, the Centre received a £25,000 award from the People's Places Tnlst, wl)i¢h has had a substalltial impact on our fimding. Conclusion.. Overall, the Centre has had a successful year, with substanlial growth in key revenue streams. effective leadership transitions, and encouraging progress in fLd[lsIng efforts. The positive fuwi¢ial perfOrrlCe, coupled with strategic operational adjustments, P)sitions the Centre well for future success. Flnanclal review Reserves pollcy The net movement of funds ID 2023124 was £39277. Cash at bank and hand at the end of March 2024 was £126,107. The Trustees policy on reserves is to bold funds equivatent to 3 months of operating costs. Based on the current cost base this equates to £62,000. The Free Reserves, the result of deductlng the restricted funds, the value of buildings and conllnitments to Contracted Eeases from the total assets are £60,082 alld are generally in line with the reserves policy as outlined above.
Burwell Community Print Centre Limlted Company Limited by Gu&rantee Trusteesl Annual Report (Intorpor#ting the Direetor's Report) Year end¢d 31 March 2024 Flnancial revlew (¢oMth4édJ Other sources of in¢ome Th¢ ¢harity receiv¢s funds for contracts with Canthridgeshire County Council whose support is greatly value(L Local fundraising was undertaken to replace equiprnent, add new facilities and to meet tbe costs of Social events. The ¢harity is very grate1 for those suprting Burwell Community Print Centre, many of whom are regular doDors to the orgonisation. Snjall eompany provisions This report has been preped in accordance with the provisions applicable to companies entitled to the small companies exemption. The trusfres, arUal report was approved on ........ ... .. and signed on behalf of the board of tru5ttts by: John Smith (Cbair) Tnte¢
BurTrvell Community Print Centre Limited Company Limhed by Guarantee Independent ExY4mlner's Report to the Trustees of Burwell Community Prlnt Centre IAmited Year ended 31 March 2024 I report to the trustees on my examination of the fmancial ststements of Burwell Cojnmunity Trint Centre Limited ('the charity,) for the Ye ended 31 March 2024. Responsibilities and basis of report As the Irustees of the ¢ornpany (and also its diTe¢tors for the purposes of Company law) you are responsible for the preparation of the flliancial statements in accordance with the requirements of the Companies Act 2006 Cthe 2006 Ad,). Having satisfied myself that the accounts of the conjpany are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, l report in respect of my examination of the ¢harity'S a¢counts as ¢attied out uttder 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 ACL Independent exanthier'$ statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confllm that l am qualified to undertake the examination because l am a member of the Ill$tite of Chartered Awountsnts in England and Wales (ICAEW), which is one of the listed bodies. I have completed my examination. I confirni that no ntter8 have come to my attention in connection with the exan)ination giving me cause to believe: a¢counting records were not kept in respect of the charity as requi1 by section 386 of the 2006 ACL or the financial ststements do not accord with those records. OT the financial statements do Dot comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the aUnts give a 'tru¢ and fai view which is not a matter considered as part of an independent examination. or the financial statements have not been prepared in accordance wilh ihe methods and prin¢ipl¢s of the Statement of Recommended Practice for accounting and reporting by charities appli¢able to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}. I have no concerns and bave come acro&8 no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr sILe Tharby FCA Independent Examiner For and on behalf of Str¢¢ts Chartered Accountants 3 Wellbrook Court Girton Cambridge CB3 ONA 29 January 2025
Burwell Community Prlnt Centre Limited Company LInted by Guarantee Statement of FlnanclAI A¢dvltles (including income and expenditure account) Year ended 31 Marcb 20Z4 2024 Rcstrictsd funds 2023 Unrestricted Total funds Total fimds ott Income aDd endowments Donations and legacies Cbaritable activities Other trading a¢tivities tnv¢stment tncome 48.084 232,063 21,590 2,517 2,217 48,084 232,063 21,798 2,517 2,217 12.070 217,475 11,275 493 2,176 208 Total An¢ome 306,471 208 306,679 243,489 Expendlture Expenditure on raising funds: Costs of other trading activities Expcnditure on charilable activities io 11,12 2,563 258,972 2.563 264,839 2,933 286.929 5.867 Total expenditure 261,535 5.867 267,402 289,862 Trlet incomel(expenditore) and net movement in funds 44,936 (5,659) 39,277 (46,373) Reconciliation of funds Total fulS brought forward Total funds cArried forward 100,688 36,522 137,210 183,583 145,624 30,863 176,487 137.210 The statement of fUllCIal activilics includes all gains and losses Tccogniscd in the year. All in¢omc and expenditure derive from continuing activitie5. The notes on pages 9 to 17 form part of these financial st&tement&
Burwell Community Print Centre Limited Company Limited by Guarantee StAtsRn¢nt of Flnan¢l41 Posldon 31 March 2024 2024 2023 Note Flxed assets Tangible fed assets 18 3Q732 44.262 Current Assets Stocks Debtors Cash at bank and in hand 19 20 6228 28,934 126,107 161269 5J89 27,371 74,638 107J98 Creditors: amounts falling due within One year 21 21,514 14,450 Net current assets 139,755 92.948 Total assets less turrent liabilitses 176,487 137.210 Net a$s¢ts 17fj487 137,210 Funds of the chArlty R¢stri¢ted fi]nds Unrestri¢ted fimds 30,863 145.624 36.522 100,688 Total charfity funds 176,487 137210 For the year ending 31 Mar¢h 2024 the ¢lwity was entitla to ex¢mption from audit Under section 477 of the Companies Act 2006 relating to snull companies. Directors, resporJsibi]ities'. The members have not required the company to obtain an audit of its financial statements for the year in question in ac¢ordan¢e with section 476; The directors acknowledge their re4)onsiTriilitics for complying with the requirements of the Act with resp¢¢t to accounting records and the preparation of financial ststt8. The8e financial statements have been prepared in a¢cordan¢e with the provisions 4)p]icable to companies subject to the small companies, regime. These financial statements were approved by the board of tntee8 and authorised for issue on ....... .. .. ... are signed on behalf of the board by: John Srnith (Chair) Trustee The notes on pages 9 to 17 form part of these fin&n¢iAI statements.
Burwell Community Print Centre Limited Company Limited by Guarantee otes to the Flnanelal Statements Year ended 31 Marcb 2024 General Informadon The charity is a public benefit entity and a private company limited by guarantse, registered in England and Woles and a registered charity in England and Wales. The address of the registered office is The Causeway> BurwelL Cambridgeshire, CB25 ODU. stateAt of eomplianee The8e financial ststements have been prepared in Compliance with FBS 102, 'The Financial Reporting Standard applicable ill the UK and the Republi¢ of Ireland,, the Ststement of Recommended Practice applicable to clwities preparing their accowits in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charitie5 SORP (FRS 102)), the Companies Act 2006 alld the Charities Act 2011. A¢countlng pollcles Basts of preparatlon The financial statements have been pr¢ed on the bistorA¢al Cost basis. The fmancial stat¢ments are pr¢pared in sterlitig, which is the functional currency of the entity. Going concern There are no material uncertainties about the Charitys ability to contitllw. Judgements and key source5 of estimAtlon wi¢ertainty The preparation of the financial statements requires management to make judgements, estimates and umptions that affect the amounts reported. These eslimates and judgements are continually reviewed and are based on experience and other factors, including expectations of fUtse events that are believed to be reasonable under the circumstances. Significant judgements There are no judgements {apart from those involving estimations) that management has rnade in the process of applying the entity's accounting policies that have significant effect on the amounts recognised in th¢ financial statements. Key sour¢es of estimation uncertainty A¢¢ounting estimates and assumption8 are rnade concerning the futur¢ and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estin]ation uncertainty that have a signifi¢ant risk of causing a matsrial adjustment to the carryiDg amounts of assets and liabilitie5 wxthin the next financial year are as follows., Tangible fixed assets are recognised at cost. less xcumulated depreciation. Depreciation is charged over the estimated useful life of the asset to its estimated residual value. Income tax As a registered charity. the company is exempt from income and ¢orporation tsx to the extent that its income and gains are applicable to Charitable PUTposes only.
Burwell Community Print Centre Limited Company Llmlted by Guarantee Nots$ to the Financial Statements (conllnthed) Year ended 31 March 2024 Accounting pollele5 (coAliNued) Fund accounting The charity maintains a general unrestricted fimd which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the Charity. Such fmds may be held in order to finance both working capital and capital inveslment. Restricted fimds have been provided to the clwity for particular pury)oses. and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed up)n There is no forn]al policy on the allocation of funds to designated funds. There is no fornial policy on transfer between fi]nds. Any proposed transfer between funds would b¢ considered on the particular circumstances. Income Income is accounted for on a receivable basis. Expendlthre Expenditure is recogtiised on an accrnal basis as a liabilty is incurred. Clwitable expenditure comprises those costs incurred by thecharity in furtherance of the cRwity's objective5 and represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities and the costs associated with meeting the constitutional and statutory requirement of the ¢harity. It includes both costs that can be allocated directly to such activities and those costs of an indlrect nat4we necessary to 8UPPOrt them. Operating leases Lease payments are re¢ognised as an expense over the lease term on a straight-line basis. The aggregat¢ b¢nefit of lease in¢¢ntive$ is re¢ognised as a rethi¢tion to expense overthe lease terni, on a straight-line basis. TAnglble Assets All fixed assets are initially recorded at cost. Assets costing over £500 and having an expected life gater than one year are capitalised. Depreciation Depreciation is calculated 80 as to write off the cost or valuation of an asset, les5 Its residual value, over the useful e¢onomi¢ life of that a&set as follows: Land and buildings Other planL macbinery etc 3.33 % straight line 201/ko or 25•/ts straighi line, except solar panels at 40/0 straight line io
Burwell Community Print Centre Limited Company Llrnltsd by Guarantee Notes to the Flnanclal Statements (¢•mth#¢d) Year ended 31 March 2024 Accounting policies (conrfnued) Stocks Stock are valued at tbe lower of cost and net rea]isable value. after nkillg due allowances for obsolete and slow moving items. Cost 18 based on pur¢bas¢ pri¢e. FlnanefiaI instrnment$ A financial ayset or a fmancial liability is recognised only when the entity becomes a party to the contra¢tual provisions of the instrument. Basic fancial instruments are initially recognised at the amount receivable orpayable including any related transaction costs and current assets and current liabilities are sub8equendy measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently D)easured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impainnent at the end of each reporting date. If there is objective evidence of impainnenL an impairnient loss is re¢ognised under the appropriate heading in the statslnent of financial activities in which the initial gain was recognised. Any reversals of impairment are recognised inunediately, to the extent that the reversal does nol result in a carrying amount of the financial asset that exceas what the canying amount would have been had the impaimi¢nt not previously been rec(w)ised. Defined ¢ODtrlbudon plans Contnbution8 to defined contnl)ution plans are re¢ognis¢d as an expense in the period in which the relaled service is provided. Llmlted by guarantee The ¢harity is a company limited by guarantee and has no share capital. In the event of the ¢harity being wound up, the liability in ie5pect of the guarantee is limited to £1 per member of the charity. Donatlons &nd legacles Unrestricted Total Funds Unttstricted Tot Fund8 FuDds 21124 Funds 2023 Donations Donations re¢eived 11,445 11.445 7,776 7.776 Grants Grants received A¢¢ess 2 Work 33,000 3.639 33,000 3,639 4.294 4,294 48,084 48,084 12,070 12,070 li
Burwell Communlty Print Centre Limited Comp2Dy Limited by Guarantee Notes to the FIDAnclal Ststements Itonthiued) Year ended 31 Mar¢h 21124 CharltY4ble actlvltles Unrestricted Total Funds Unrestricted Total Funds 2024 Funds 2023 Print work Adult social care 102,117 129,946 102,117 129,946 112,885 104.590 112.885 104,590 232,063 232,063 217.475 217.475 Other tradlng actlvltles Unrestricted Funds R¢stii¢ted Tolal Fund$ Funds 2024 HT shelf rental income Fundraising events HT con]mission HT other sales 5,368 5,020 4,520 6,682 5J68 5,228 4A20 6,682 208 21,590 208 21,798 Unrestricted Funds Restricted Total Funds Funds 2023 HT shelf rental iti¢ome Fundraising events HT commission HT other sales 3,970 1,669 2,892 2,744 3,970 1,669 2,892 2,744 11,275 11,275 I]]vestment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 2.517 2,517 493 493 Other ineome Unrestricted Total Funds UDrestricted Total Funds Funds 2024 Funds 2023 Gain on disposal of tangible fixed assets held for charity's own use Feed in Tariff- Income Solar Panels 625 1,592 625 1,592 2,176 2.176 2.217 2,217 2.176 2,176 12
Burwell Community Print Centre Limited Company Limited by Guarantee 1¥4otes to the Flnanelal Statements {¢oftdftued) Year ended 31 March 2024 JO. Costs of other tradlng artlvltles Unrestricted Total Funds Unrestricted Total Funds Fund8 2024 2023 Costs of othcT trading activities- Shop costs 2,563 2,563 2,933 2.933 11. Expenditure on ¢hAritable 2etivilie8 by fund type Unrestri¢t¢d Funds Restrictsd Total Funds Funds 2024 Activities in furtheran¢e of clwity'8 objectives Support costs 221.894 37,078 221,894 42,945 5,867 258,972 5.867 264,839 Unrestricted Funds Restricted Tots] Fuhds Funds 2023 Activities in fiberaThe¢ of charity's objectives Support costs 230,633 50,887 230,633 56,296 5,409 281,520 5,409 286,929 12. Expenditure on ehgritable activities by activity type Activities undertaken directly Support costs Total funds 2024 Total funds 2023 A¢tivities in furtl)erance of clwitys objectives Governan¢e costs 221,894 38,444 4.501 260J38 4JOI 279,904 7,025 221,894 42,945 264W9 286,929 13. Analysi$ of support costs Analysis of 8ilPPOrt Costs Total 2024 Total 2023 Premises General oifice Governance costs Training and welfare Deprecialion 24,220 3,381 4,501 4,727 6,116 24,220 3J81 4,501 4,727 6,116 36,352 3,423 7,026 2,875 6,620 42,945 42,945 56296 13
Burwell Community PrRnt Centre Limited Company Limited by Guarantee Notes to the FIDCial Statements (¢•#tl#¥dJ Year ended 31 March 2024 14. Net incomel(expelldlture) Net incomel(expenditure) is statsd after charging/(crediting): 2024 2023 Depreciation of tsngible fixed assets Gains on disposal of tangible fixed assets 7.530 (625) 7,848 15. Independent ex*mination fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the fmancial statements 2,130 1,936 The independent examination f¢es arc for the costs of preparing the fmancial statements and the independent examination fee of £390 (2023: £355). 16. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2024 2023 Wages and salari¢8 Social security costs Employer Contributions to pension plans 161,979 5,568 2,692 162,296 4,686 2,611 170,239 169.593 The average head count of employees during the year was 10 (2023: 11). The averagc number of full_time ¢quivalent employees during the year is analysed as follows: 2024 2023 Engaged on clwitable activities Engaged on management and administration No employee received employee benefrts of more than £60,000 during the yeaT (2023: Nil). 17. Trustee remuneration aDd expenses The trustees received no renllmetation or expenses in Carrying out their duties LS tnthes. 14
Burwell Community Print Centre LimRted Company Limited by Guarantee Notes to the Finaneial Statements (eondttued) Year ended 31 March 2024 18. Tanglble fixed austts Land and Other plant, buildings machiDery etc Total Cost At l April 2023 Disposals At 31 March 2024 146,714 75,645 {2,912) 222,359 {2,912) 146,714 72,733 219,447 Depre¢latlon At l April 2023 Charge for the year Disposals At 31 March 2024 114.062 4,704 64,035 2,826 {2,912) 63.949 178,097 7,530 (2912) 118.766 182,715 Cydrrylng 2Jnount At 31 March 2024 27.948 8.784 3A732 At 31 Mah 2023 32,652 11,610 44,262 19. Stocks 2024 2023 Baw materials and consumables 6,228 5,389 20. Debtors 2024 2023 Trade debtors Prepayments and accrued income Other debtors 13,904 18,400 6,937 2.034 8.062 28,934 27.371 21. Cr¢dfitors: amounts falllDg due wlthln one year 2024 2023 Trade cdItorS AC¢nlS and def¢rred income Social security and other taxes Other creditors 14,186 2J85 4J32 611 8,138 3.193 3.119 2114 14,450 15
Burwell Community Print Centre Limited Company LADted by Guarantee Notes to the Flnanclal Statements (eoAtinHed) Year ended 31 M¥trch 2024 22. Penslons and other post rettrement benefits Dellned contributlon plans The amount recognised in income OT expenditure as an expense in relation to defjned ¢onlnl)ution plans was £2,692 (2023: £2,611). 23. Analysts of eharftable funds Unrestrlcted funds At l April 2023 At31 Expenditure March 2024 tncome General thnds 100,688 306,471 {261,535) 145,624 At l April 2022 At31 Expenditure March 2023 Income General funds 141,652 243,489 (284,453) l(X),688 RÈstrlcted fllnds At l April 2023 At31 Incontr Expenditure March 2024 Co-op Commutiity fund BuildinE fut Sports equipment 208 {1.163} {4.704} 2,685 27,948 230 32,652 230 36,522 208 {5,867} 30,863 At l April 2022 A131 tncome Expendittre March 2023 Co-op ComrnuDity fund Building fund Sports equipment 4,345 37.356 230 (705) (4,704) 3,640 32.652 230 41,931 (5,409) 36,522 16
Burwell Community Print Centre Limited Company Ltmlted by GuvdraDtee Notes to the Flnandal Statements (conrfnuedj Year ended 31 Mar¢h 2024 23. Analysts of ¢harltable funds (cè•TrlihMed) The building fimd represents the asset value of the premises. The resources expended represent the depreciation charge for the year. The Co-op Conununity Fund is to fimd specific cOmmuty benefits and tbe currcnt th)nation is for the garde area where the yearf5 expenditure was spenL The sports equipment project was fimded by a grdllt from Fast Cambridgeshire District Council. 24. Anatysts of Det assets between funds Unrcstricted Funds Re8trt¢ted Total Funds Fund5 2024 Tangible fed assets Current &8sets Creditors less than l year Net assets 8,784 158,354 (21,514) 145.624 27,948 2915 36,732 161,269 (21,514) 30,863 176,487 Unrestricted Funds Restricted Totsl Funds Funds 2023 Tangible fixed assets Current assets Creditor8 less than l year Net a$$¢ts 11,610 103,528 (14,450) 100,688 32,652 3.870 44.262 107.398 {14,450) 36.522 1372lO 25. Operating lease eommitments The total future mtnimum lease payments under non-¢an¢ellable operating leases are as follows: 2024 2023 Not later than l year Later than l year and not later than 5 years 17,674 39,920 17,560 57,480 57,594 75,040 26. Related parties There have been no related party transactions in the cutrent or previous reporting period. 17