REGISTERED COMP..IN'I' ,*[1}1 1BER: 03212736 (EnglAnd and Ivttles) REcisfERED CHARITI. NLIMBER: 1056367 the Tru ees and Unau ited Financial Ststements for the Y ar Ended . I Imarch ?024 for Connectin Communities in Berkshire Lid EDMONDS .4cCoL'TANCy LIKIITED L'nit I I, Diddenham Bus ParL Diddenham Court Grazeley, READENG Berkshtre RG7 IJQ
Connectin CoTnmunities in Berkshire Ltd Contents of ihe Financia tements for the Year Ended J l March 20?4 Report of the Trustees Independent Examinds Report Staiemenl of Financial Activities SiatemeDt of Financial Position Notes to the Financial Statements 10 to 14 Delailed Siatement of Financial Activities
Conneetin Communities in Berkshire Lid ort of the Trustee for the Year Ended 31 March ?024 The Irustees, who are also directors of the charity for the purposes of the Companie5 Ad ?006, present their report with the financial statements of the charity for the yw ended J l Jmarch ?0?4. The annuaI report and financial statements comply ivith the Memorandum and Articles of Association and the requiretnents of the Siatement of Reported Prnciice (SORPI .4ccouniing and Rewrting by Charities IFRS I O?) (effective l January. ?019). Connecting Communities in Berkshire (CCBI is an independent chartty K'ith 50 years of experience in community developtnent work. originally found in 1973 as a Rural Community Council. Our team is knowledtyeable and c.xperienced in finding solutions thai best meel the needs of comrnunities. We develop partnerships that foster good CommunitiOns, which in turn build engagement and deliver slrong, sustainable communities. CCB is an activ¢ member of Action with Communiiies in Rutzl Eno development enCieS. .land (ACRE). the national IxKly for J8 charitable local Our vision is for all communities in Berkshire to be strong. resilienL sustainable and able to tak-e control of their own futures. CCB'S puryx)se is to inspire aciion at a community level that improves people's quality of life. We work rosS Berkshire, with a particular focus on rural areas. We run ptDjects Ihat provide advice. supwrt and training that: - reduces poverty & rural dIsadvant7C improves rurai health & wellbeing increases digital inclusion & social conne¢¢edness Our organisation values include: Integrity: honesty. fairness. respea and trnsiworthiness in all that we do People.. we respect the individual rights. dignity and diversity of all people. We value the skills and experience our staff bring to their work and seek to develop the best in other5 Volunteering.. we encourage people to find ways of giving their time for the knefit of their communitie5. Health, Safety and the environment: ive challenge and encourdge ourselves and Othe to protect the environment. the health & safety of our employees and those within the communities we support Partnerships.. we are committed to maintaining and developing wsiti%'e relationships with partners. funders and our beneficiaries Progress: we challenge ourselves to continually improve and develop new projects and seThices to meet emerging needs OKIECTIVES AIND AcfiviTIES Objectives and aims The charity's obje¢tives {Ihe Objects) are to promote any charitable purFK)se for the benefit of the communities in Berkshire and in particular, but not exclusively: Community capacity building in urban and rurdl communities to ensure equaEity and diversity of opwrtunities and sustainable regeneration. Infornation, advice. suppotL lrnining and personal development for the benefil of individuals and or?anisations within the voluntary and community sector. InfotThation. advice. support and training for the benefit of communities. village and community buildings. comniunity groups and individuals within the public and voluntary sectors" Inbmjation. advice, supporL Irdining and the advancement of education for the benefit of disadvantaged groups and individuals. elderly people. and young p¢ople. These Objects were approved at the Annual General Meeting on 14 July 2009 and there hav¢ been no subsequent changes to them. Page I
nnectin Communities in Berkshire Ltd rt of the Trustee for the Y¢ar Ended 31 March ?0?4 ACHIEVEMENT AND PERFORML ANCE Charitsble activities Our work programme in 2024 continues to be direcled by activities that wntribule towards the achievement of our three strategic aims identified by CCB'S staff team and trustee& and contained within our strategic plan: - Reducing poverty & rural disadvant¢ Improving rural health & wellbeing Increasing digital inclusion & social connectethiess These aims serve as the cornerstone of our business development work and represent our c¢)mmitment to our beneficiaries acr055 Berkshire. Details of the progress we have made towards achieving these aims can be found in our Impact Report, which also describes our ongoing work to improve and expand the supp)rt we offer. The report can be found on our website ww¥.ccberks.org.uk Summer 2024 ha8 seen an impn)vem¢ni to the situation regarding interest rates and the wst of living crisis. Media reports suggest th interest rates returning to re&sonable leelS and an improvement to the UK'S economic perfomance mean (hat the risis is over. However, there is much evidence to counter this assertion. Prices may not be rising as fast a5 they were over the last l ? months, but they remain significantly higher than they were. Average incomes may be rising, bul it may be some time before people begin to feel latiVelY better off. Interest rates remain high, and a5 we hear hints of cuts lo the Bank of England b&8e rate, savings rates seem more likely than mortg4ue rates to come down. Too often service delivery 15 focused on areas where w)pulaiion is at its m05t dense. People living in the more sparsely populated areas of Berkshire. particularly those without their oivn transpor¢ face added costs irk both time and money to access basic services (leisure, retail, health, employment etc.) Ihat people ID urban areas take for granted. Older people and the young in particular will ¢oniinue to face added isolation and social deprivation unless rnore service providers recognise the benefits of outreach setvice delivery models: taking setvices out into the community and utilising the network of village halls for example. Éo acc£sS Customers and service users where they live. Approximately 100.000 people in Berkshire live in a rural communitv. But we get the impression that all often the needs of people who live and work in the countryside in Berkshire and beyond are overlwked. Improving the range of services delivered on an outreach IKsis in rural communities is one way of improving this situation. Improving access to services helps to reduce the need to travel. saving rural residents b)th time and money. We advocate for greater use of village halls and other community. buildings by service provide and will work with local policy makers to include outr¢ delivery &8 part of their service delivery strategie5. Towards the end of 202J. we gained access Èo new funding from Defra via our national ix)dy ACRE. lo embark on a new Rurnl Housing Enabler project. Similar to a project delivered by the eharity between 2006 and 2018. this new project will support rural communities to develop an ¢vidence-ba5e of need for affordable housing among people with a local connection to the community, and where Such need exists. 5UPI)ort the identification of poterktial sites where small-scale rnral exception developments could lake place. Already, two housing needs surveys have been carried OUL with thffe more in development. Our 21st Century Ha]Is projecL funded by the National Lottery Community Fund. continues apa¢e. In its second year. the project supports village hall manement committees to improve and develop their facilities so they are more energy efficient and environmentally friendly, financially sustainable and better Connected with their comniunilies. Trustees of the c.harity have had due regard to the Charity Commission's guidance on public benefit and are content that decisions made by them comply with these requirements. Further infonnation on the work of ihe charity during the year can be found in our Impact ReporL published separntely. Fundraising activities CCB doesn't employ professional fundraiser& or invest money in fdising donalions from the general public. Our fvndraising activities focus on approaching grant funders and charttable trusts, selling membetship services to some of our beneficiaries and entering into Service Level AgreemenW mainly with public sector iM)dies. to deliver services on their behalf. In September 2022 we were awarded a significant grant by the National Lottery Community Fund which will provide 5-yvdr nding to extend our work with village halls. and provides us with much needed core funding. Page 2
CoTrnectin Communities in Berk'shire Ltd ort f the Truste for the Year Ended 31 March ?0?4 FINANCIAL REVIEW Performance The overall surplus for the year as shown on the 5tstemenl of financial activiiies w&% £18.905 1?O?J £l,J?21. The net surplus for the year on unrestricted funds {representints core activilies) amounted lo £1 8.90) {?02J £796). The balance cated forward lunrestrictedl at J l March ?0?4 was £7).43J (?0?" £i42581. The nel surplus for the year on restricted Funds amounted to £NIL (?023- £S*61. The balance carried fOard (reslricled) at 31 Nlarch ?0?4 ivas £NIL I?Oa? . £NILI. The notes to the financial Statements summartse Ihe yeals movements on each fijnd. Restricted funds relate to specifically runded pn)jecls for which income and expenditure balance over the period of their operation. However. receipts and pajments are not always in step in the short lenn and balances held at anv given date can vary. The key l¢x)Is used by the Charity to maintatn tight financial controls a. l. The Budget.. broken down into central core costs and costs for each key project or SeiCe Cash-flow analysis: showing all income and expenditure, with a projected cash-in-hand figure and required contingency reserve figure on a monthly basis. At the request ofirustees. this projection h&$ been extended to coi'er a ?4-month timescale 3. Reserves Policy: describing the ke) financial risks the charity. faces w'ith appropriate mitigating actions. including the sums held in reserve lo enable aciions to be taken if required. These l(x)Is are regularly updated and reviewed by the Board at their meetings during the year. Reserves policy The policy of CCB is to keep sufficient unrestricted reserves to allow the charity to continue to operate thmuuh periods of income uncertainty, to meet leoal requirements and io cover ¢osts relatino to a lon(per-term re-organisation in the event of a prolono .ed downturn in income. Reserves are required only to cover unforeseen operational risks such as stsff illness and short-lerm fvnding gaps. This will facilitate continuity of delivery ivhile grants are being renewed and aliernative5 sought. In addition to this operational reserve. a small sum is required to cover unforeseen legal or accountancy costs and funds to ¢over otTice Irase liabilities. The trustees consider thw target reserves should be £41 ?14 to cover these risks. In order to plan for the future and prepare for an end io C.CB's current N'ational Lottery grdnt in September 2027. trustees have set aside a designated fund of £?? 2)J for new proje¢t developtnent. This sum has been designaied for the development of significant new areas of work" and is noi to be used to fund the current Iv0 programme. All existing areas of work require ongoing fundrnising to ensure continued deliver).. Current reserves of £73,433 meet these targets. This lleY is fomially reviewed by Trustees on an annual basis. FUTLIRE PLANS In our Impact Report, published separa(ely. we sei out a series of goals for the coming year. Given our sound financial footing. we plan to invest resources to generaie additional funds and free up our specialist team to increase Iheir frontline worL further benefitling our communities. We are particularly keen to elpand on the following: l. The environmental and energ) perfomiance agenda throuJ(r the MmunIt. buildings work 2. The'activalinir village halls, work. which provides muliiple benefits across rural health and wellbeing 3. Developing new partnerships to increase outreach 5etvice provision in rural communities 4. Our fuel poverty advice service: by nUrnbe our most impactful project. This 15 eminently scalable and could help communities with all aspecls of managin(p the cost of living STRUCTI',.RE, GOVERNANCE AEYD M.4NAGEMENT Governing docuvnent The Charity is a charitable cornpany limited by guarantee. incorporated on 16 June 1996 and registered as a Charity on 25 June 1996. The company established under a Memorandum of Association which established the objects and powers of the haritable company and is governed under its Articles of Association. In the event of the company being wound up members are required lo conlribute an amount not exceeding £10. Page 3
onne¢lin Communitics in BeJ&shire Lid ort of the Trustees for the Year Ended i l March ?024 STRucfuRE, GOVERNANCE AIYD N1ANAGEI¥IEYI T OrEanisationAI structure The affairs of Connecting Communities in Berkshire Ltd are controlled by a Board of Trustees. Board members are either elected or co-opted in accordance with the Articles of Associalion. The Board of Trustees meets quarterly. Connecting Communities in Berkshire Ltd is a membetship organi3ation thal is open to membership from individuals and organi7Ations across the county are sympathetic lo its aims and objectives. Trustees are drnivn from the membership, and are invaluable in ensuring that the oaniZation coniinue5 to deliver its mission effectively through understanding of the changing needs, policy framework and funding streams. Induction and trnining of new trustees CCB uses a skills matrix to record Trustee's Skills and coMene1e5 against 60 different criteria. Recruitment activity is tailored depending on e.¥isting Trustee's skills and compelencies to ensure traps in Skills can be filled by new Trustees. As Trustees approach their retirement date. analysis through the sk-ills matrkx enables the organisation to identify skills that will be required once they stand down. New Trustees are &ssisled in familiarising themselves with the charity and the context within which it operates through a thorough induction process, which covers: The obligations of Trustees The main documents which set out the operntional framewo for the charity including the Memordndum and Articles of Association. Resourcing and the current financial p¥)sition &$ Set out in the latest published a¢¢ounts. Future plans and objective5. Risk management The Trustees have &ssessed the major risk-s to which Ihe Charity is exKX)srf and are satisfied that systems are in place to mitioale exposure to the major risks. Where appropriate. systems or procedure5 have been eslablished to mitigate the risks the harity faces. Significani external risks to funding have led to the development of a strategic plan which allows for the diversification of funding and activities. Internal Control risks are minimi5ed by the implementalion of procedures for authorisation of all transactions and projects. Proeedur¢s are in place to ensure compliance with health and safety of staff. volunteers, Clients and visitors to the offices. These procedures are periodically reviewed to ensure that they Continue to meet the needs of the charity. Major financial risks that have been identified and quantified are detailed in the notes to the accounts. REFERENI CE AND ADlIlSfRATKVE DETAILS Registered Company number 03?1?736 (England and Wales) Registered Charity number 1056)67 Registered otTiee Lfnil 1 l Diddenham Business Park Diddenham Court, Lambwood Hill Grazeley Reading Berkshire RG7 IJQ Page 4
Connectin(F C.onimunities in Be-shIre Ltd ort of the Truslees for the Year Ended 31 March ?0?4 Trn5tees P N Sampson (resigned ?5.1 ?4) B E Lyon (resigned ?5.1 ?4) P Thorn S Morland A Hedoes (resigned 13.6 ?41 M Nevitt (CCB Chair) E Herbert C Salzedo The Directors of the company are also charily Trustees for the purposes of chariti, law. Under the requirements of the Memorandum and Articles of Association the members of the Board of Trustees are elected to serve for a period of three year5 after which the) mus( be re-elected at the neyt Annual Genernl Meeting. Company Secretary T Parry Independent Examiner David Edmonds EDiklONDS ACCOUNTANICY LI,MITED Unit I I, Diddenham Bus Park, Diddenham Court Grazeley, READING Berkshire RG7 IJQ Accountants Edmonds Accouniancy Lid Unil I l Diddenham Business Park Diddenham Court Grazeley Reading Berkshire RG7 IJQ 25ffi56Pr Approved by orderof the knard oftruslees on .......................................... . and signed on its behalf by: T Pany- Secretary Page 5
Inde ndent Eiaminer's R rt to the TnteeS of -. communItIO1n_Bekshlre Ltd Connectin Independent examiner's report to the trustee5 of Connecting Communities in Berkshire Ltd {'the Company,) I report to the charity twsiees on my examination of the accounts of the Company for the yrar ended J l Mawh 2024. Responsibilities and basis of report As the charitv's trustees of the Company (and also its directors for the purposes of company lawl }'ou are responsible for the prepardlion of the accounts in accordance with the requirements of the Companies Act ?006 (Ihe ?006 Act,). HaIng satisfied m) self thai the accounts of the Company a not required to be audited under Part 16 of the 2006 Act and are eligible for independeni examination, I report in respect of my examination of vour charity's accounts as carried out under Section 145 of the Charities Aci ?0 I l ('the ?0 I l ACV). In rrVIng out my examination I have followed the Direction5 given by the Charity Commission under Section 145{i) (b) of the 2011 Act. Independent examiner's ststement I have completed my ¢.¥amination. l confirm that no matters have come to my attention in connection with the examination givino me cause to believe: accounling record5 were not kepl in respect of the Company a5 required by Se¢tion 386 of the ?006 Ad; or the accounts do not accord with thos¢ records; or the accounts do not ¢omply i¥ith the accounting requirements of Section )96 of the 2006 Act oiher than any requirement that ihe accounts oive a trne and fair view which is nol a matter considered part of an independent examination; or the accounts have noi been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and retK)rting by charities (applicable to charities preparinu their accounts in accordance with the Financial Reporting Sthndard applicable in the UK and Republic of Ireland (FRS I O?)}. I have no concerns and have come a¢ross 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. David Edmonds EDMONDS ACCOUNTANCY LIMITED Unit I I, Diddenham Bus Park. Diddenham Court Grazeley, READING Berkshire RG7 IJQ Date.. 4110114 Page 6
Connectin Communities in Berk'shire Ltd .Stalement of Fi ancial Activilie5 for the Year Ended 31 March ?0?4 31.3.?4 Total funds Unrestricted fund Restricted fund Total funds Note5 INCOME AN'D EINDOWI¥IEIYTS FRO.M C.hkrttable *ctivAtie5 Govemment Aoencies LoLal Authorities Cojporate and other agencies Sales and subscriptions 30.064 44.757 30,064 51.887 97.631 12.983 34,840 ?4,510 59,851 12,91? 7,130 4.850 1.788 11.195 Investment income 696 696 Total 14.464 178,797 19J ?61 132.113 EIPENDITIIRE ON Charitable aetivities Acliviiies undertaken directly 40.067 l)4 ?89 174,356 l JO,791 NET IIycOlE1(EXPEYDRTLJRE) Transfers between funds (?5.60) } 44.i08 44,508 {44.5081 18,905 io ryet movement in funds 18.905 18,905 RECONCILIATION OF FUYDS Total funds brought fOard 54.5?8 53,206 TOTAL FUNDS CARRIED FORII'ARD 73.4)3 54.5?8 The notes fomi part of these financial statements Page 7
Connectin Communities in Berkshire Ltd Siatement of Financi 31 Mxrch ?0?4 I Position iinrestricied fund Restricted nd Total fiEnds Total funds ote5 FIXED ASSETS Tan(Fible assets Investments 1.000 1,000 1,000 ,000 1,000 CURRE)A T A&SETS Debtors Cash at bank 1,4?4 44.)?8 19.356 109.401 6,771 85,537 75.805 45,95? 1?1.757 92.308 CREDITORS Arnounts falling due within one year {i.J72) 145.95? ) {49.3?4) (38.780) NET CL.RREryT ASSETS 72,433 53.528 TOTAL ASSETS LESS CURREJL T LIABILITIES 73.433 54,528 NET ASSETS 73.4)3 73,43) 54,528 10 Unrestricted funds 73,433 54,5?8 TOTAL FUNDS 54,5?8 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act ?006 for the year ended J l March 20?4. The members have not required ihe company to obtain an audit of its financial statements for the year ended 31 March ?024 in accordance with Section 476 of the Companies Act 2006. The trnstees acknowledge their resryTrnsibilities for {a) ensuring thal the charitsble company keeps accountino Companies Act 2006 and preparing financial statements which . ive a tsue and fair view of the state of affairs of the charitable company at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise eomply with the requirement5 of the Companies Act ?006 relating to financial statements. so far &s applicable to the charitable company. records that comply with Sections J86 and J87 of the (b) The notes fonn part of these financial statements Page 8 conlinued...
Conneclin C,ommunities in Berkshire Lid Statemen of Financial Posi J l larCh ?0?4 n - continued These financial statements have been prepared in accordance itrith ihe provisions applicable to charitable companies Subject to the Small companies regime. The financial statements ivere approved by the Board of Trustees and authorised for issue on were signed on its belialf b}.= and M Nevitt- Trustee The notes fom part of these financial statements Page 9
Conneelin Communities in BehIre Ltd N les lo the Financial Sialements for the Year Ended 31 [arch ?0?4 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitsble company, which is a public benefit entity under FRS 102, have been prepared in accordance i¥ith the Charities SORP (FRS I O?) 'Accounling and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their kccounts in accordance with the Financial Reporting Standard applieable in the UK and Republic ol Ireland IFRS 1021 {effeetive l January ?019)'. Financial Reporting Standard 10? 'The Financial Reporting Siandard applicable in the LIK and Republic of Ireland, and the Companies Act 2006. The fiiiancial statements have been prepared under ihe hisiorical cost conveThtio ivith the e.xception of investments which are included at rnarket value. Income All income is recognised in the Statement of Financial Activities once the charity h&8 entitlement to the funds, it is probable Ihat the income will be received and the amounl can be measured reliably. Eipenditure Liabililies are recounised as expenditUTe as s(K)n as there is a legal or Constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the oblioation can be measured reliably. Expenditure Is accoiinted for on an accruals basis and has been classified under headinos that augretsate all cosl related lo the cateory. Il'here costs cannoi be directly attributed to particular headings they have been allocated to activiiies on a IKsis consi51ent with the use of resourees. Granis offered subject to conditions which hae not been met at the year end dC are noted a5 a commitment bul not accrued as expenditure. Tangible fixed assets Depreciation is provided at the folloThing annual rales in order to write off Vdch &sset over its estimated useful life. Fixtures and fittings 33¥0 on c05t Taxation The charity is exempt from corporntion t&K on its charitable activities. Fund accounting Unrestricted funds can be used in accordance ivith the charitable obje¢tives at the dIretIon of the trustees. Restricted funds can only be used for particular restricted purtK)ses wiihin the objects of the charity. Restrictions arise when specified by the donor or when funds are rnised for particular restricted purp)ses. Further explanation of Éhe nature and purtx)se of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable c01npan. operntes a defined contribution pension scheme. Contributions payable to the Charitable company's pension scheme are charged to the Ststement of Financial Activities in the period to which they relate. INVESTMENT INCOlE 31.i.24 Dep)sii account interest 696 Page 10 continued...
Connectino Communities in Betlshire Ltd Notes to the Fili ial Statements - for ihe Year Ended 31 Nlarch 20?4 tinued TRusfEES' RETrIUINERATION A.ND BEINEFITS There were no trustees, reniuneralion or other benefits for the year ended 31 March ?0?4 Tr for the year ended J I Imarch ?02J. Trustees, e*pen5e5 There were no trnstees. expenses paid for the year ended 31 March 20?4 nor for the year ended 31 Imarch 20?3. STAFF COSTS The averag¢ monthly number of employees during the >ear wa5 as follows". 31.3.?3 Chief Operating oleer Adminisiralion Projects No employees e1Ved emoluments in eycess of £60,000. I¥IARCH 2023 COIMPARATIIIES FOR THE sTATEIENT OF FIl%A'C1AL .4CflTr'lTIES LintEstricted Reslricted fund fitnd Total funds IYCOIIIE AND EJDOII'IIENTS FROII Charitable Activitie5 Government A(Trencies Local Authorities Corporate and other agencies Sales and subscriptions i4.840 17,178 54.4) I 10.990 34,840 ?4.510 59.8.) I i,400 1,9?2 Total 14.654 117.459 13? I IJ EXPENDITIIRE ON Charitable actii'ities Activities undertaken directly 116,93i l iO,791 NET INCOME 796 5?6 526 15?6} Transfers between funds Net movement in funds .3?2 1.3?2 RECOYCILIATION OF FIIN'DS Total funds brought forward TOTAL FLl%iDS CARRIED FORWARD 54.5?8 54.528 Pagell conlinued...
Connectin Communities in Berkshire Ltd o the Financtal tRtements - continued for th¢ Year Ended 31 March ?0?4 TA.YGIBLE FIXED ASSETS Fixtures fittings COST Ai l April ?0?3 and 31 March •0?4 DEPRECIATIOYI At l April ?O?J" and 31 March ?024 NET BOOK VALUE At 31 Nlarch 20?4 At J l March 2023 Tangible assets aff held at Nil value FIXED ASSET INVESTLTrIELNTS Shares in group undertak'ings MARIKET VALUE At l April ?02J and 31 March 20?4 1,000 NET BOOK VALUE At 31 March 20?4 1,000 At J l larCh ?0?3 1.000 There were no investment &ssets outside the UK. The compan) s investments at the balance sheet date in the share rJpita] of companies include the follo1nl- IKU Services Limited Registered oificc: Unit I l Diddenham Business Parl Diddcnham CourL Grazeley, Reading, Berkshire. RG7 1 JQ Naiure of business: Dorniant Class of share: Ordinary holdin" 31.3.24 Aggreivale capital and reserves 1,000 1.000 Page 12 continued...
Connectinu Communities in Berk-shire Ltd Notes io the Financial Statements - continued for the Year Ended 31 March ?0?4 DEBTORS: AlOuISTS FALLING DUE WITHIN OYE Tr'EAR 31.3.24 31.3.13 Trade debiors Other debiors 2,673 2,604 .1?3 1,425 ?69 Prepayment5 and accrued income 12.356 6.771 CREDITORS: AINIOL'NTS FALLING DUE WITHIN OIE I'EAR 31.3.23 Trade creditors Aniounts oiyed lo group undertak.ings Other creditors Accrnals and deferred income Defeed giovernmenl grdnts 354 1,000 366 65? 46,95? 1,000 781 1,944 34.830 io. MOVEMENT IIN FUNDS Net mo¥'ement An ftjnds Transfers between fund5 At At 1.4?3 Lnrestricted funds General fund 54.5?8 1?5.603) 44,508 Rostrieted funds Restricted 44.508 {44,508) TOTAL FLINDS 54.5?8 18.905 N'et movement in funds, included in the aknve are as follows: Incoming resources Resources expended Ivlovement in funds Unrestricted funds General fund 14.464 (40,067) (25,60) ) Restricted funds Restricted 178.797 (134.?89) 44..508 TOTAL FUN'DS 193 ?61 1174,356) 18,905 Page 13 continued...
Connectin Communities in Berkshire Ltd Notes to the Financial Statements- for the Year Ended 31 March ?0?4 inued io. MOI'EMENT IN FUIYDS- continued CompAratives for movement in funds Transfers beNreen funds movement in funds At At 1.4.?? Unrestricted funds General fund 53206 796 526 Restricted funds R¢stricted 526 {526) TOTAL FLINDS 1,32? 54,5?8 Comparative net movement in funds, Trncluded in ihe above are as follow5: Incoming resources Resources expended Movement in ndS Unrestricted funds General fund 14.654 (13,858) 796 Restricted fund5 Restricted 117.459 (116.9)3) 5?6 TOTAL FUNDS 13? 113 (lJO,791) 1,32? Trnnsfers behveen funds Transfer between funds represents the contribulion to core costs made bv projects funded through restricted income RELATED PARTY DISCLOSL:RES There were no rel*ed party tr8nsactions for the year ended )1 March ?024. Page 14
Connectin Communities in Berk-shire Ltd Detailcd Statement of Financial Activities for the Year Ended J l March 20?4 31.3.23 INCOME AIND ENDONVINIEINTS Investment income Deposit account interest 696 Charitable activities Grdnts 19?,565 l)? 113 Total in¢oming resources 193.261 132.113 EIPEh'DITURE Charit#ble activities Wages Social security Pensions Consultancy and professional Grants to institutions 113.044 9.038 4.842 88,919 7.?89 4,743 241 981 139,i40 102,17J Support costs Other Office equipment Insurance AccoEnmodation Travel costs General office expenses Subscriptions Recruilment cost 4.084 1.778 2.365 1.977 9,749 897 1,173 6.3?3 4,976 55 4.684 ?4,j37 Governance costs Trainints and conferences Accountancy fees Bank charges 1.56? 649 3,600 32 5,194 4.281 Total resource5 expended 174,)56 130,791 IYeÉ ineomt 18,905 1.322 This page does not fonn part of the Statutory financial statements Page 15