##
|||Pages|
|---|---|---|
|Trustees'
Annual
Report||2to 3|
|Independent
Examiner's
Report|||
|Statement of Financial Activities|||
|Summary
Income and Expenditure|Account||
|Balance Sheet|||
|Notes to the Accounts||8to 15|
|Detailed Statement of Financial Activities||16to 17|
##
##
##
##
##
##
##
##
##
##
##
|for the year|ended 31March 2|023||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total funds|Total funds|
||||2023|2023|2022|
|||Notes|f|f|f|
|Income and|endowments|||||
|from:||||||
|Donations|and legacies||||88,600|
|Charitable|activities||228,122|228,122|195,292|
|Investments|||75|75|11|
|Other|||||34,926|
|Total|||228,197|228,197|318,829|
|Expenditure|on:|||||
|Charitable|activities||189,217|189,217|330,016|
|Other|||60,196|60,196|2,603|
|Total|||249,413|249,413|332,619|
|Net gains on|investments|||||
|Net expenditure||10|(21,216)|(21,216)|(13,790)|
|Transfers between
funds||||||
|Net expenditure
before other
gains/(losses)|||(21,216)|(21,216)|(13,790)|
|Other gains|and losses|||||
|Net movement
in funds|||(21,216)|(21,216)|(13,790)|
|Reconciliation offunds:||||||
|Total funds brought forward|||110,761|110,761|124,551|
|Total funds carried forward|||89,545|89,545|110,761|
##
##
||||2023|2022|
|---|---|---|---|---|
||||f|E|
|Income|||228,122|318,818|
|Interest and|investment
income||75||
|Gross income forthe year|||228,197|318,829|
|Expenditure|||248,394|331,249|
|Depreciation|and|charges for|||
|impairment|offixed assets||1,019|1,370|
|Total expenditure||forthe year|249,413|332,619|
|Net expenditure||before tax for the year|(21,216)|(13,790)|
|Net expenditure||forthe year|(21,216)|(13,790)|
##
##
|at 31March 202|3|3|3|3||||
|---|---|---|---|---|---|---|---|
|Company
No.|03039228||||Notes|2023|2022|
|||||||E|E|
|Fixed assets||||||||
|Tangible assets|||||12|3,093|4,112|
|investments|||||13|2|2|
|||||||3,095|4,114|
|Current assets||||||||
|Debtors|||||14|8,930|74,448|
|Cash at bank|and||in hand|||145,276|154,836|
|||||||154,206|229,284|
|Creditors: Amount||falling||due within one year|15|(6,966)|(40,431)|
|Net current assets||||||147,240|188,853|
|Total assets less|current|||liabilities||150,335|192,967|
|Provisions for liabilities|||||16|(60,790)|(82,206)|
|Net assets excluding|||pension asset or liability|||89,545|110,761|
|Total net assets||||||89,545|110,761|
|The funds ofthe|charity|||||||
|Restricted funds|||||17|||
|Unrestricted
funds|||||17|||
|General funds||||||89,545|110,761|
|||||||89,545|110,761|
|Reserves|||||17|||
|Total funds||||||89,545|110,761|
##
##
##
##
|last year and no chan|last year and no chan|last year and no chan|last year and no chan|ges have been made to accounts for previous years.|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Fund accounting|||||||||||||
|Unrestricted||funds||These are available for use atthe discretion ofthe trustees||in furtherance||||of|the||
|||||general objects ofthe charity.|||||||||
|Designated|funds|||These are unrestricted
funds earmarked
by the trustees for particular||||purposes.|||||
|Revaluation||funds||These are unrestricted
funds which include a revaluation|reserve||representing|||||the|
|||||restatement
ofinvestment
assets at their market values.|||||||||
|Restricted|funds|||These are available for use subject to restrictions
imposed||by the|donor||or|through|||
|||||terms of an appeal.|||||||||
|Income|||||||||||||
|Recognition||of||Income is included
in the Statement of Financial Activities||(SoFA)|when|the charity|||||
|income||||becomes entitled to, and virtually
certain to receive, the|income and the||||amount of||||
|||||the income can be measured
with sufficient
reliability.|||||||||
|Income with||related||Where income has related expenditure
the income and related expenditure|||||||is||
|expenditure||||reported
gross in the SoFA.|||||||||
|Donations|and|||Voluntary
income received
by way of grants, donations
and gifts is included
in||||||||the|
|legacies||||the SoFA when receivable
and
only when the Charity has||unconditional|||||||
|||||entitlement
to the income.|||||||||
|Tax reclaims||on||Income from tax reclaims
is included
in the SoFA at the same time as the|||||||||
|donations|and||gifts|gift/donation
to which it relates.|||||||||
|Donated services||||These are only included
in income (with an equivalent
amount
in|||expenditure)||||||
|and facilities||||where the benefit to the Charity
is reasonably
quantifiable,||measurable|||and||||
|||||material.|||||||||
|Volunteer|help|||The value ofany volunteer
help received
is not included|in the accounts.||||||||
|Investment||income||This is included
in the accounts when receivable.|||||||||
|Gains/(losses)|||on|This includes
any gain or loss resulting
from revaluing
investments|||to market||||value||
|revaluation||of|fixed|at the end ofthe year.|||||||||
|assets|||||||||||||
|Gains/(losses)|||on|This includes
any gain or loss on the sale of investments.|||||||||
|investment||assets|||||||||||
|s tothe Acc|ounts|||||
|---|---|---|---|---|---|
|Expenditure||||||
|Recognition|of|Expenditure
is recognised
on an accruals|basis. Expenditure
includes||any VAT which|
|expenditure||cannot be fully recovered,
and is reported|as part ofthe expenditure||to which it|
|||relates.||||
|Expenditure|on|These comprise the costs associated
with|attracting
voluntary|income, fundraising||
|raising funds||trading costs and investment
management|costs.|||
|Expenditure|on|These comprise the costs incurred
by the|Charity
in the delivery ofits activities and|||
|charitable
activities||services in the furtherance
ofits objects,|including the making|ofgrants and||
|||governance
costs.||||
|Grants payable||All grant expenditure
is accounted for on|an actual paid basis|plus an|accrual for|
|||grants that have been approved
by the trustees at the end of||the year but not yet||
|||pa id.||||
|Governance|costs|These include those costs associated
with|meeting the constitutional||and statutory|
|||requirements
ofthe Charity,
including
any audit/independent||examination
fees,||
|||costs linked to the strategic management|ofthe Charity, together with a share of|||
|||other administration
costs.||||
|Other expenditure||These are support costs not allocated to a particular
activity,||||
##
##
##
##
##
##
##
##
##
|3|Statement|ofFinancial||Activities - prior year||||
|---|---|---|---|---|---|---|---|
|||||||Unrestricted||
|||||||funds|Total funds|
|||||||2022|2022|
|Income and endowments|||from:|||||
||Donations|and legacies||||88,600|88,600|
||Charitable|activities||||195,292|195,292|
||investments|||||11|11|
||Other|||||34,926|34,926|
|Total||||||318,829|318,829|
|Expenditure
on:||||||||
||Charitable|activities||||330,016|330,016|
||Other|||||2,603|2,603|
|Total||||||332,619|332,619|
|Net|income|||||(13,790)|(13,790)|
|Net|income before other|||||(13,790)|(13,790)|
|gains/(losses)||||||||
|Other gains and losses:||||||||
|Net|movement|in funds||||(13,790)|(13,790)|
|Reconciliation||offunds:||||||
|Total funds brought forward||||||124,551|124,551|
|Total funds carried forward||||||110,761|110,761|
|4|Income from donations|||and legacies||||
|||||||Total|Total|
|||||||2023|2022|
||Donations||||||88,600|
||||||||88,600|
|5|Income from charitable|||activities||||
||||||Unrestricted|Total|Total|
|||||||2023|2022|
||Membership
subscriptions||||1,644|1,644|2,155|
||Indoor facilities||||82,853|82,853|57,680|
||Outdoor facilities||||143,625|143,625|135,457|
||||||228,122|228,122|195,292|
##
||||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2023|2022|
||Bank interest||received||||75|75||
||||||||75|75||
|7|Other income|||||||||
|||||||||Total|Total|
|||||||||2023|2022|
||Grant income||(COVID 19)||||||34,926|
||||||||||34,926|
|8|Expenditure|on charitable|||activities|||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||Expenditure|on charitable||||||||
||activities|||||||||
||Membership||subscriptions||||187,530|187,530|328,329|
||Governance|costs||||||||
||Accountancy
professional||and legal|&|||1,687|1,687|1,687|
||||||||189,217|189,217|330,016|
|9|Other expenditure|||||||||
||||||||Unrestricted|Total|Total|
|||||||||2023|2022|
||||||||||1,233|
||Amortisation,||depreciation,|||||||
||impairment,|profit/loss||on|||1,019|1,019|1,370|
||disposal offixed assets|||||||||
||General administrative|||costs|||59,177|59,177||
||||||||60,196|60,196|2,603|
|10|Net expenditure
before transfers|||||||||
||||||||2023||2022|
||This is stated||after charging:||||E||E|
||Depreciation||ofowned|fixed assets|||1,019||1,370|
|11|Staff costs|||||||||
||No employee||received|emoluments||in excess off60,000.||||
##
##
|12|Tangible fix|ed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Plant and|Fixtures,||
|||||||machinery|fittings and
equipment|Total|
||||||||f||
||Cost or revaluation||||||||
||At 1April 2022|||||25,680|59,402|85,082|
||At 31March|2023||||25,680|59,402|85,082|
||Depreciation|and|||||||
||impairment||||||||
||At 1April 2022|||||22,286|58,684|80,970|
||Depreciation|charge for the||||839|180|1,019|
||year||||||||
||At 31March|2023||||23,125|58,864|81,989|
||Net book values||||||||
||At 31March|2023||||2,555|538|3,093|
||At 31March|2022||||3,394|718|4,112|
|13|Investments||||||||
||||||||Investment||
||||||||in||
||||||||Subsidiaries|Total|
||||||||f|f|
||Cost or revaluation||||||||
||At 1April 2022||||||||
||At 31March|2023|||||||
||Net book values||||||||
||At 31March|2023|||||||
||At 31March|2022|||||||
||Investment|in Subsidiaries|||||||
||The company
has the following||subsidiary|undertakings:|||||
||||||||Capital and||
||||||||reserves at|Profit/(loss|
||||Country|of|||end ofthe|) forthe|
||||incorporation||Class of|96age of|relevant|relevant|
||Name ofcompany||(ifnot|UK)|shares held|shares held|year|year|
|||||||Yo|f|f|
||West Billericay Community||||||||
||Services Limited||||Ordinary|100|||
|14|Debtors||||||||
|||||||2023||2022|
|||||||f||f|
||Trade debtors|||||5,631||12,672|
||Other debtors|||||||58,506|
||Prepayments|and accrued income||||3,299||3,270|
|||||||8,930||74,448|
##
|Not
15|es tothe Accounts
Creditors:|es tothe Accounts
Creditors:||||||
|---|---|---|---|---|---|---|---|
||amounts
falling due within one||year|||||
||||||2023||2022|
||||||f||E|
||Trade creditors||||4,688||33,798|
||Other taxes|and social security|||1,068||(83)|
||Other creditors||||1,211||6,717|
||Accruals||||(1)||(1)|
||||||6,966||40,431|
|16|Provisions|||||||
|||||||Other||
||||||||Total|
|||||||provisions||
|||||||f|f|
||At 1April 2022|||||82,206|82,206|
||Movement|for the year||||(21,416)|(21,416)|
||At 31March|2023||||60,790|60,790|
|17|Movement|in funds||||||
||||||Incoming|||
||||||resources||At 31|
||||||(including|Resources|March|
|||||At 1April|other
gains/losses|expended|2023|
|||||2022|)f|||
||Restricted funds:|||||||
||Unrestricted|funds:||||||
||General funds|||110,761|228,197|(249,413)|89,545|
||Total funds|||110,761|228,197|(249,413)|89,545|
|18|Analysis of|net assets between|funds|||||
|||||||Unrestricted||
||||||||Total|
|||||||funds||
|||||||f|f|
||Fixed assets|||||3,093|3,093|
||Investments|||||2|2|
||Net current|assets||||147,240|147,240|
||Creditors due in more than one
provisions||year and|||(60,790)|(60,790)|
|||||||89,545|89,545|
##
##
||||||||||At 31|
|---|---|---|---|---|---|---|---|---|---|
|||||||At 1|April||March|
||||||||2022|Cash flows|2023|
||||||||f|f|f|
||Cash and|cash equivalents||||154,836||(9,560)|145,276|
|||||||154,836||(9,560)|145,276|
||Net debt|||||154,836||(9,560)|145,276|
|20|Related|party disclosures||||||||
|||||||||2023|2022|
||Transactions
with related|||parties||||f|f|
||Name ofrelated party|||West Billericay|Community|Services Ltd||||
||Description ofrelationship
between the parties|||The company|is a subsidiary|||||
||Amount'|due from/(to)|the|related party|||||58,506|
##
##
||||||Unrestricted|||
|---|---|---|---|---|---|---|---|
||||||funds|Total funds|Total funds|
||||||2023|2023|2022|
||||||f|f|f|
|Income and endowments||||from:||||
|Donations
and|legacies|||||||
|Donations|||||||88,600|
||||||||88,600|
|Charitable
activities||||||||
|Membership|subscriptions||||1,644|1,644|2,155|
|Indoor facilities|||||82,853|82,853|57,680|
|Outdoor facilities|||||143,625|143,625|135,457|
||||||228,122|228,122|195,292|
|Investments||||||||
|Bank interest|received||||75|75||
||||||75|75||
|Other||||||||
|Grant income|(COVID 19)||||||34,926|
||||||||34,926|
|Total income and endowments|||||228,197|228,197|318,829|
|Expenditure
on:||||||||
|Charitable
activities||||||||
|Membership|subscriptions||||187,530|187,530|328,329|
||||||187,530|187,530|328,329|
|Governance
costs||||||||
|Accountancy
professional|and legal||&||1,687|1,687|1,687|
||||||1,687|1,687|1,687|
|Total ofexpenditure
activities||on|charitable||189,217|189,217|330,016|
|Other expenditure||||||||
||||||||1.233|
||||||||1.233|
|Genera
I administrative|||costs,|||||
|including
depreciation|||and|||||
|amortisation||||||||
|Depreciation
machinery|of Plant||and||839|839|1,131|
|Depreciation|ofFixtures,|||fittings|180|180|239|
|and equipment||||||||
|Bad debts|||||59,177|59,177||
||||||60,196|60,196|1,370|
|Total ofexpenditure||of|other costs||60,196|60,196|2,603|
##
|WEST BILLERICAY COMMUNITY ASSOCIATION
LTD
Detailed Statement ofFinancial Activities|WEST BILLERICAY COMMUNITY ASSOCIATION
LTD
Detailed Statement ofFinancial Activities||||
|---|---|---|---|---|
|Total expenditure||249,413|249,413|332,619|
|Net gains on|investments||||
|Net expenditure||(21,216)|(21,216)|(13,790)|
|Net expenditure
gains/(losses)|before other|(21,216)|(21,216)|(13,790)|
|Other Gains|||||
|Net movement|in funds|(21,216)|(21,216)|(13,790)|
|Reconciliation|offunds:||||
|Total funds brought forward||110,761|110,761|124,551|
|Total funds carried forward||89,545|89,545|110,761|