| Pages | ||
|---|---|---|
| Trustees' Annual Report |
2to3 | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Statement of Cash flows | 14 | |
| Notes to the Accounts | 7to 13 | |
| Detailed Statement of Financial Activities |
15to 16 |
| for the year | ended 31March 2 | 023 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| 2023 | 2023 | 2022 | |||
| Notes | E | E | E | ||
| Income and | endowments | ||||
| from: | |||||
| Donations | and legacies | 128,824 | 128,824 | 144,817 | |
| Charitable | activities | 5,805 | 5,805 | 324 | |
| Total | 134,629 | 134,629 | 145,141 | ||
| Expenditure | on: | ||||
| Charitable | activities | 129,389 | 129,389 | 121,574 | |
| Other | 30,402 | 30,402 | 29,857 | ||
| Total | 159,791 | 159,791 | 151,431 | ||
| Net gains on | investments | ||||
| Net expenditure | (25,162) | (25,162) | (6,290) | ||
| Transfers between funds |
|||||
| Net expenditure before other gains/(losses) |
(25,162) | (25,162) | (6,290) | ||
| Other gains | and losses | ||||
| Net movement In funds |
(25,162) | (25,162) | (6,290) | ||
| Reconciliation offunds: | |||||
| Total funds | brought forward | 45,405 | 45,405 | 51,695 | |
| Total funds | carried forward | 20,243 | 20,243 | 45,405 |
| Dovecot and Princess Drive Community Association Balance Sheet at 31March 2023 |
|||
|---|---|---|---|
| Charity No. 1064490 | 2023 | 2022 | |
| 6 | 6 | ||
| Fixed assets | |||
| Tangible assets | 9 | 26,757 | 26,728 |
| 26,757 | 26,728 | ||
| Current assets | |||
| Cash at bank and in hand | 12,546 | 28,269 | |
| 12,546 | 28,269 | ||
| Creditors: Amount falling due within one year |
10 | (19,060) | (9,592) |
| Net current (liabilities)/assets | (6,514) | 18,677 | |
| Total assets less current liabilities | 20,243 | 45,405 | |
| Net assets excluding pension asset or liability | 20,243 | 45,405 | |
| Total net assets | 20,243 | 45,405 | |
| The funds ofthe charity | |||
| Restricted funds | |||
| Unrestricted funds |
|||
| General funds | 20,243 | 45,405 | |
| 20,243 | 45,405 | ||
| Reserves | |||
| Total funds | 20,243 | 45,405 | |
| Approved by the trustees on 30August 2023 |
|||
| And signed on their behalf by: |
| 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 at the 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 ofan 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 ofgrants, 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 SoFAat 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 ofinvestments. | |||||||||
| investment | assets |
| 2 |
Stateme | nt | of Financial | A | ctivities - prior year | |||
|---|---|---|---|---|---|---|---|---|
| Unrestdcted | ||||||||
| funds | Total funds | |||||||
| 2022 | 2022 | |||||||
| Income and | endowments | from: | ||||||
| Donations | and legacies | 144,817 | 144,817 | |||||
| Charitable | activities | 324 | 324 | |||||
| Total | 145,141 | 145,141 | ||||||
| Expenditure | on: | |||||||
| Charitable | activities | 121,574 | 121,574 | |||||
| Other | 29,857 | 29,857 | ||||||
| Total | 151,431 | 151,431 | ||||||
| Net | income | (6,290) | (6,290) | |||||
| Net | income | before other | ||||||
| gains/(losses) | (6,290) | (6,290) | ||||||
| Other gains | and losses: | |||||||
| Net | movement | in funds | (6,290) | (6,290) | ||||
| Re«oncillation | offunds: | |||||||
| Totalfunds | brought forward | 51,695 | 51,695 | |||||
| Total funds | carried forward | 45,405 | 45,405 | |||||
| 3 | Income | from donations | and legacies | |||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Grants | 118,658 | 118,658 | 130,636 | |||||
| Donations | 10,166 | 10,166 | 14,181 | |||||
| 128,824 | 128,824 | 144,817 | ||||||
| 4 | Income | from charitable | activities | |||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| Food club | sales | 5,805 | 5,805 | 324 | ||||
| 5,805 | 5,805 | 324 |
| 5 | Expenditure on charitab |
le activities |
|||
|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||
| 2023 | 2022 | ||||
| Expenditure on charitable |
|||||
| activities | |||||
| Wages and salaries | 102,073 | 102,073 | 119,137 | ||
| Food and Goods | 7,857 | 7,857 | 2,437 | ||
| Children's activities |
19,459 | 19,459 | |||
| Governance costs | |||||
| 129,389 | 129,389 | 121,574 | |||
| 6 | Other expenditure | ||||
| Unrestricted | Total | Total | |||
| 2023 | 2022 | ||||
| 309 | |||||
| Employee costs | 9,806 | 9,806 | |||
| Motor and travel costs | 1,057 | 1,057 | 35 | ||
| Premises costs | 6,139 | 6,139 | 6,383 | ||
| Amortisation, depreciation, |
|||||
| impairment, profit/loss |
on | 8,373 | 8,373 | 8,567 | |
| disposal offixed assets | |||||
| Genera I administrative |
costs | 1,765 | 1,765 | 1,005 | |
| Legal and professional | costs | 3,262 | 3,262 | 13,558 | |
| 30,402 | 30,402 | 29,857 | |||
| 7 | Net expenditure before transfers |
||||
| 2023 | 2022 | ||||
| This is stated after charging: | E | E | |||
| Depreciation ofowned |
fixed assets | 8,373 | 8,567 |
| 8 | Staff costs | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||||
| Social security | costs | 7,952 | ||||||||
| Pension costs | 1,854 | |||||||||
| 9,806 | ||||||||||
| No employee | received emoluments | in excess ofE60,000. | ||||||||
| The average | monthly number offull |
time equivalent | employees | during the | year was as follows: | |||||
| 2023 | 2022 | |||||||||
| Number | Number | |||||||||
| Food club, activities and | ||||||||||
| liaising with | the community | |||||||||
| The National | Employment | Savings Trust | ||||||||
| 9 | Tangible fixed assets | |||||||||
| Cost or revaluation | ||||||||||
| At 1April 2022 | 5,339 | 30,000 | 35,339 | |||||||
| Additions | 8,402 | 8,402 | ||||||||
| At 31March | 2023 | 13,741 | 30,000 | 43,741 | ||||||
| Depreciation | and | |||||||||
| impairment | ||||||||||
| At 1April 2022 | 7,500 | 8,611 | ||||||||
| Depreciation | charge for the | 2,748 | 5,625 | 8,373 | ||||||
| year | ||||||||||
| At 31March | 2023 | 3,859 | 13,125 | 16,984 | ||||||
| Net book values | ||||||||||
| At 31March | 2023 | 9,882 | 16,875 | 26,757 | ||||||
| At 31March | 2022 | 4,228 | 22,500 | 26,728 | ||||||
| 10 | Creditors: | |||||||||
| amounts falling due within |
one year | |||||||||
| 2023 | 2022 | |||||||||
| 6 | 6 | |||||||||
| Other taxes | and social security | 19,060 | 9,592 | |||||||
| 19,060 | 9,592 |
| Incoming | ||||||||
|---|---|---|---|---|---|---|---|---|
| resources | At 31 | |||||||
| (including | Resources | March | ||||||
| At 1April | other gains/losses |
expended | 2023 | |||||
| 2022 | ) | |||||||
| f | ||||||||
| Restricted funds: | ||||||||
| Unrestricted | funds: | |||||||
| Generalfunds | 45,405 | 134,629 | (159,791) | 20,243 | ||||
| Total funds | 45,405 | 134,629 | (159,791) | 20,243 | ||||
| 12 | Analysis of | net | assets between funds | |||||
| Unrestricted | ||||||||
| Total | ||||||||
| funds | ||||||||
| f | f | |||||||
| Fixed assets | 26,757 | 26,757 | ||||||
| Net current | assets | (6,514) | (6,514) | |||||
| 20,243 | 20,243 | |||||||
| 13 | Reconciliation | ofnet debt | ||||||
| At 31 | ||||||||
| At 1April | March | |||||||
| 2022 | Cash flows | 2023 | ||||||
| f | f | f | ||||||
| Cash and cash | equivalents | 28,269 | (15,723) | 12,546 | ||||
| 28,269 | (15,723) | 12,546 | ||||||
| Net debt | 28,269 | (15,723) | 12,546 | |||||
| 14 | Commitments | |||||||
| Pension commitments | ||||||||
| 2023 | 2022 | |||||||
| f | ||||||||
| The pension | cost charge tothe charity | |||||||
| amounted | to: | 1,854 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| 8 | 6 | ||||
| Cash flows from operating | activities | ||||
| Net expenditure per Statement of Financial |
Activities | (25,162) | (6,290) | ||
| Adjustments for: |
|||||
| Depreciation ofproperty, plant and equipment |
8,373 | 8,567 | |||
| Increase in trade and other payables |
9,468 | 9,592 | |||
| Net cash (used in)/provided | by operating | activities | (7,321) | 11,869 | |
| Cash flows from investing | activities | ||||
| Payments for property, | plant and equipment | (8,402) | (35,120) | ||
| Net cash used in investing | activities | (8,402) | (35,120) | ||
| Net cash from financing activities | |||||
| Net decrease In cash and cash equivalents | (15,723) | (23,251) | |||
| Cash and cash equivalents | atthe beginning | ofthe year | 28,269 | ||
| Cash and cash equivalents | atthe end ofthe | year | 12,546 | (23,251) | |
| Components ofcash and cash equivalents |
|||||
| Cash and bank balances | 12,546 | 28,269 | |||
| 12,546 | 28,269 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Total funds | Total funds | |||
| 2023 | 2023 | 2022 | |||
| E | E | E | |||
| Income and endowments | from: | ||||
| Donations and legacies | |||||
| Grants | 118,658 | 118,658 | 130,636 | ||
| Donations | 10,166 | 10,166 | 14,181 | ||
| 128,824 | 128,824 | 144,817 | |||
| Charitable activities |
|||||
| Food club sales | 5,805 | 5,805 | 324 | ||
| 5,805 | 5,805 | 324 | |||
| Total income and endowments | 134,629 | 134,629 | 145,141 | ||
| Expenditure on: |
|||||
| Charitable activities |
|||||
| Wages and salaries | 102,073 | 102,073 | 119,137 | ||
| Food and Goods | 7,857 | 7,857 | 2,437 | ||
| Children's activities |
19,459 | 19,459 | |||
| 129,389 | 129,389 | 121,574 | |||
| Total ofexpenditure activities |
on | charitable | 129,389 | 129,389 | 121,574 |
| Other expenditure | |||||
| 309 | |||||
| 309 | |||||
| Employee costs | |||||
| Employer's NIC |
7,952 | 7,952 | |||
| Pension costs | 1,854 | 1,854 | |||
| 9,806 | 9,806 | ||||
| Motor and travel costs | |||||
| Travel and subsistence | 1,057 | 1,057 | 35 | ||
| 1,057 | 1,057 | 35 | |||
| Premises costs | |||||
| Light, heat and power | 2,022 | 2,022 | 1,898 | ||
| Premises repairs and maintenance |
4,117 | 4,117 | 4,485 | ||
| 6,139 | 6,139 | 6,383 | |||
| General administrative | costs, | ||||
| including depreciation |
and | ||||
| amortisation | |||||
| Depreciation of |
2,748 | 2,748 | 1,067 | ||
| Depreciation of |
5,625 | 5,625 | 7,500 | ||
| Bank charges | 221 | 221 | 152 | ||
| General insurances | 946 | 946 | 582 | ||
| Stationery and printing |
363 | 363 | 54 |
| Detailed Statem | ent | ofF | inancial Activities | |||
|---|---|---|---|---|---|---|
| Subscriptions | 235 | 235 | 217 | |||
| 10,138 | 10,138 | 9,572 | ||||
| Legal and professional | costs | |||||
| Consultancy | fees | 3,262 | 3,262 | 13,558 | ||
| 3,262 | 3,262 | 13,558 | ||||
| Total ofexpenditure | of | other costs | 30,402 | 30,402 | 29,857 | |
| Total expenditure | 159,791 | 159,791 | 151,431 | |||
| Net gains on | investments | |||||
| Net expenditure | (25,162) | (25,162) | (6,290) | |||
| Net expenditure gains/(lasses) |
before | other | (25,162) | (25,162) | (6,290) | |
| Other Gains | ||||||
| Net movement | in funds | (25,162) | (25,162) | (6,290) | ||
| Recondliation | offunds: | |||||
| Totalfunds brought |
forward | 45,405 | 45,405 | 51,695 | ||
| Total funds carried | forward | 20,243 | 20,243 | 45,405 |