REGISTERED CHARITY NUMBER: 1060528
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023 for
Barlborough Civic Trust
Chris Edwards Chartered Accountants Clamarpen 17 Napier Court Gander Lane Barlborough Chesterfield Derbyshire S43 4PZ
Barlborough Civic Trust
Contents of the Financial Statements for the year ended 31 March 2023
| Page | |||
|---|---|---|---|
| Report of the trustees | 1 | ||
| Independent examiner's report | 2 | ||
| Statement of financial activities | 3 | ||
| Balance sheet | 4 | ||
| Notes to the financial statements | 5 | to | 8 |
| Detailed statement of financial activities | 9 |
Barlborough Civic Trust
Report of the Trustees for the year ended 31 March 2023
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Achievement and performance
Charitable activities
The trustees are grateful for the continued support of the Charity's volunteers ensuring that the facilities remain available for the wide variety of user groups within the community and despite ever increasing overhead costs the trustees will strive to ensure the facilities are available as cost effectively as possible.
Structure, governance and management Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Reference and administrative details Registered Charity number
1060528
Principal address High Street Barlborough Chesterfield Derbyshire
Trustees M Glazier R Bulimore J Shaw
Independent Examiner
Chris Edwards Chartered Accountants Clamarpen 17 Napier Court Gander Lane Barlborough Chesterfield Derbyshire S43 4PZ
Approved by order of the board of trustees on 19 December 2023 and signed on its behalf by:
M Glazier - Trustee
Page 1
Independent Examiner's Report to the Trustees of Barlborough Civic Trust
Independent examiner's report to the trustees of Barlborough Civic Trust
I report to the charity trustees on my examination of the accounts of Barlborough Civic Trust (the Trust) for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Chris Edwards Chartered Accountants
Chris Edwards Chartered Accountants Clamarpen 17 Napier Court Gander Lane Barlborough Chesterfield Derbyshire S43 4PZ
19 December 2023
Page 2
Barlborough Civic Trust
Statement of Financial Activities for the year ended 31 March 2023
| 2023 Unrestricted fund Notes £ Income and endowments from Charitable activities General Activity 30,916 Expenditure on Charitable activities General Activity 50,922 NET INCOME/(EXPENDITURE) (20,006) Reconciliation of funds Total funds brought forward 109,010 Total funds carried forward 89,004 |
2022 Total funds £ |
|---|---|
| 49,732 | |
| 27,805 | |
| 21,927 | |
| 87,083 | |
| 109,010 |
The notes form part of these financial statements
Page 3
Barlborough Civic Trust
Balance Sheet 31 March 2023
| 2023 Unrestricted fund Notes £ Fixed assets Tangible assets 3 12,900 Current assets Debtors 4 2,748 Cash in hand 76,721 79,469 Creditors Amounts falling due within one year 5 (3,365) Net current assets 76,104 Total assets less current liabilities 89,004 NET ASSETS 89,004 Funds 6 Unrestricted funds 89,004 Total funds 89,004 |
2022 Total funds £ 15,028 2,346 92,536 |
|---|---|
| 94,882 | |
| (900) 93,982 109,010 |
|
| 109,010 | |
| 109,010 109,010 |
The financial statements were approved by the Board of Trustees and authorised for issue on 19 December 2023 and were signed on its behalf by:
M Glazier - Trustee
J Shaw - Trustee
The notes form part of these financial statements
Page 4
Barlborough Civic Trust
Notes to the Financial Statements for the year ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon 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 obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance Fixtures and fittings - 15% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Page 5
continued...
Barlborough Civic Trust
for the year ended 31 March 2023
Notes to the Financial Statements - continued
| 3. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Improvements | Fixtures | |||
| to | and | |||
| property | fittings | Totals | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 April 2022 | 20,383 | 90,530 | 110,913 | |
| Additions | - | 149 | 149 | |
| At 31 March 2023 | 20,383 | 90,679 | 111,062 | |
| Depreciation | ||||
| At 1 April 2022 | 10,390 | 85,495 | 95,885 | |
| Charge for year | 1,499 | 778 | 2,277 | |
| At 31 March 2023 | 11,889 | 86,273 | 98,162 | |
| Net book value | ||||
| At 31 March 2023 | 8,494 | 4,406 | 12,900 | |
| At 31 March 2022 | 9,993 | 5,035 | 15,028 | |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Other debtors | 1,530 | 2,346 | ||
| Prepayments | 1,218 | - | ||
| 2,748 | 2,346 | |||
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Other creditors | 3,365 | 900 | ||
| 6. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/4/22 | in funds | 31/3/23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 109,010 | (20,006) | 89,004 | |
| TOTAL FUNDS | 109,010 | (20,006) | 89,004 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 30,916 | (50,922) | (20,006) | |
| TOTAL FUNDS | 30,916 | (50,922) | (20,006) |
Page 6
continued...
Barlborough Civic Trust
Notes to the Financial Statements - continued for the year ended 31 March 2023
6. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1/4/21 | in funds | 31/3/22 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 87,083 |
21,927 | 109,010 |
| TOTAL FUNDS 87,083 |
21,927 | 109,010 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 49,732 |
(27,805) | 21,927 |
| TOTAL FUNDS 49,732 |
(27,805) | 21,927 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/4/21 £ 87,083 87,083 |
Net movement in funds £ 1,921 1,921 |
At 31/3/23 £ 89,004 |
|---|---|---|---|
| 89,004 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 80,648 | (78,727) | 1,921 |
| TOTAL FUNDS | 80,648 | (78,727) | 1,921 |
Page 7
continued...
Barlborough Civic Trust
Notes to the Financial Statements - continued for the year ended 31 March 2023
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 8
Barlborough Civic Trust
Detailed Statement of Financial Activities for the year ended 31 March 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Charitable activities | ||
| Room bookings | 29,916 | 22,065 |
| Grants | 1,000 | 27,667 |
| 30,916 | 49,732 | |
| Total incoming resources | 30,916 | 49,732 |
| Expenditure | ||
| Charitable activities | ||
| Wages | 4,833 | 4,061 |
| Rates, light and heat | 11,136 | 4,289 |
| Insurance and licence | 2,189 | 4,304 |
| Telephone and internet | 1,650 | 1,259 |
| Postage and stationery | 18 | - |
| Repairs and renewals | 15,309 | 3,472 |
| Sundries | 743 | 860 |
| Gardening and cleaning | 6,607 | 292 |
| Cleaner and caretaker | 5,725 | 6,181 |
| Depreciation | 2,277 | 2,652 |
| 50,487 | 27,370 | |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 435 | 435 |
| Total resources expended | 50,922 | 27,805 |
| Net (expenditure)/income | (20,006) | 21,927 |
This page does not form part of the statutory financial statements
Page 9