| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 14 |
| Detailed Statement ofFinancial Activities |
| Statement ofFinancial Activities | Statement ofFinancial Activities | ||||||
|---|---|---|---|---|---|---|---|
| (Incorporating | an Income and Expenditure | Account) | |||||
| For | The | Year Ended 31December 2022 | |||||
| 31.12.22 | 31.12.21 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | f | 8 | f | ||||
| INCOME | AND ENDOWMENTS | FROM | |||||
| Charitable | activities | ||||||
| Charitable | Activities | 311,612 | 311,612 | 293,240 | |||
| Other income | 26,055 | ||||||
| Total | 311,612 | 311,612 | 319,295 | ||||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Charitable | Activities | 313,835 | 313,835 | 342,014 | |||
| NET INCOME/(EXPENDITURE) | (2,223) | (2,223) | (22,719) | ||||
| RECONCILIATION OF FUNDS | |||||||
| Total funds | brought forward |
(579,885) | (579,885) | (557,166) | |||
| TOTAL FUNDS CARRIED FORWARD | (582,108) | (582,108) | (579,885) |
| 31De | cember 2022 | ||||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 540 | ||||
| CURRENT ASSETS | |||||
| Debtors | 9 | 5,664 | 5,664 | 27,518 | |
| Cash at bank | 39,437 | 39,437 | 14,387 | ||
| 45,101 | 45,101 | 41,905 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (49,512) | (49,512) | (35,003) | |
| NET CURRENT ASSETS/(LIABILITIES) | (4,411) | (4,411) | 6,902 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | (4,411) | (4,411) | 7,442 | ||
| CREDITORS | |||||
| Amounts falling due after more than one year |
11 | (577,697) | (577,697) | (587,327) | |
| NET ASSETS/(LIABILITIES) | (582,108) | (582,108) | (579,885) | ||
| FUNDS | 13 | ||||
| Unrestricted funds |
(582,108) | (579,885) | |||
| TOTAL FUNDS | (582,108) | (579,885) |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| f | |||
| Staffcosts | 139,087 | 149,475 | |
| Maintenance offacilities and equipment | 76,049 | 101,428 | |
| Management | fee | 43,922 | |
| Insurance | 14,339 | 11,318 | |
| Light and heat | 14,808 | 35,391 | |
| Administration, | postage and telephone | 3,473 | 17,720 |
| Sundries | 76 | ||
| Support costs, | see below | 12,198 | 13,118 |
| Direct debit and other financial costs | 8,154 | 13,488 | |
| Bad debts | 1,805 | ||
| 313,835 | 342,014 |
| Governance | ||||||
|---|---|---|---|---|---|---|
| costs | ||||||
| Charitable | Activities | 12,198 | ||||
| Support costs, included | in | the above, are as follows: | ||||
| 31.12.22 | 31.12.21 | |||||
| Charitable | Total | |||||
| Activities | activities | |||||
| Accountancy | 7,878 | 9,524 | ||||
| Independent | Examination | fees | 4,320 | 3,594 | ||
| 12,198 | 13,118 | |||||
| NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated a&er charging/(crediting): | |||||
| 31.12.22 | 31.12.21 | |||||
| f | ||||||
| Depreciation | - owned assets | 540 | 1,973 |
| STAFFCOSTS | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||||||
| f | |||||||||
| Wages and salaries | 136,862 | 147,019 | |||||||
| Social security costs | 2,225 | 2,456 | |||||||
| 139,087 | 149,475 | ||||||||
| The average monthly | number ofemployees | during | the year | was | as follows: | ||||
| 31.12.22 | 31.12.21 | ||||||||
| Operation ofsports, leisure activities | 10 | 17 | |||||||
| No employees received emoluments |
in excess off60,000. | ||||||||
| The key management | personnel | of the | charity | comprise | the | trustees | and | the accounts manager. |
The total |
| employee benefits ofthe key management |
personnel | ofthe | Trust | were: | |||||
| 31.12.22 | 31.12.21 | ||||||||
| Wages and salaries | 7,878 | 8,750 |
| Notes to the Financial Statements - continued | Notes to the Financial Statements - continued | Notes to the Financial Statements - continued | |||
|---|---|---|---|---|---|
| For The Year Ended 31December 2022 | |||||
| COMPARATIVES FOR THE | STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | |||
| fundI | fund | funds f |
|||
| INCOME AND ENDOWMENTS FROM | |||||
| Charitable activities |
|||||
| Charitable Activities | 293,240 | 293,240 | |||
| Other income | 26,055 | 26,055 | |||
| Total | 319,295 | 319,295 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Charitable Activities |
342,014 | 342,014 | |||
| NET INCOME/(EXPENDITURE) | (22,719) | (22,719) | |||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward |
(557,166) | (557,166) | |||
| TOTAL FUNDS CARRIED FORWARD | (579,885) | (579,885) | |||
| 8. | TANGIBLE FIXEDASSETS | ||||
| Office | |||||
| equipment | |||||
| COST | |||||
| At 1 January 2022 and 31December 2022 | 7,891 | ||||
| DEPRECIATION | |||||
| At 1 January 2022 | 7,351 | ||||
| Charge for year | 540 | ||||
| At 31December 2022 | 7,891 | ||||
| NET BOOK VALUE | |||||
| At 31December 2022 | |||||
| At 31December 2021 |
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| f | I | ||
| Trade debtors | 4,846 | 23,491 | |
| Prepayments | 818 | 4,027 | |
| 5,664 | 27,518 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.22 | 31.12.21 | ||
| f | |||
| Bank loans and overdraits | (see note 12) | 10,000 | 8,333 |
| Trade creditors | 2,944 | 12,969 | |
| Social security and other | taxes | 955 | 2,630 |
| Other creditors | 8,766 | 4,500 | |
| Accrued expenses | 26,847 | 6,571 | |
| 49,512 | 35,003 | ||
| CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 31.12.22 | 31.12.21 | ||
| f | f | ||
| Bank loan | 32,037 | 41,667 | |
| Other Loan | 545,660 | 545,660 | |
| 577,697 | 587,327 |
| CREDITORS: AMOUNTS FALLING DUE AFTER MORE | THAN ONE YEAR - conti | nued |
|---|---|---|
| 31stDecember 2018charge to Statement ofFinancial Activities | (quasi interest cost) | 11,821 |
| 31stDecember 2019charge to Statement ofFinancial Activities | (quasi interest cost) | 12,166 |
| 31stDecember 2020 charge to Statement ofFinancial Activities | (quasi interest cost) | 12,715 |
| 31stDecember 2021 charge to Statement ofFinancial Activities | (quasi interest cost) | 12,883 |
| 31stDecember 2022 charge to Statement ofFinancial Activities | (quasi interest cost) | 13,319 |
| 31stDecember 2022 Profit/reserve carried forward |
88,550 | |
| LOANS |
| 31.12.22 | 31.12.21 | ||||||
|---|---|---|---|---|---|---|---|
| f | |||||||
| Amounts falling due |
within one year on demand: | ||||||
| Bank loans | 10,000 | 8,333 | |||||
| Amounts falling due |
between two and five years: | ||||||
| Bank loans - | 2-5 years | 32,037 | 41,667 | ||||
| Amounts falling due |
in more than five years: | ||||||
| Repayable otherwise |
than by instalments: | ||||||
| Other loans | 545,660 | 545,660 | |||||
| 13. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.1.22 | in funds | 31.12.22 | |||||
| f | |||||||
| Unrestricted | funds | ||||||
| General fund | (579,885) | (2,223) | (582,108) | ||||
| TOTAL FUNDS | (579,885) | (2,223) | (582,108) | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources f |
expended | in funds 6 |
|||||
| Unrestricted | funds | ||||||
| General fund | 311,612 | (313,835) | (2,223) | ||||
| TOTAL FUNDS | 311,612 | (313,835) | (2,223) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.1.21 | in funds | 31.12.21 | ||
| f | ||||
| Unrestricted | funds | |||
| General fund | (557,166) | (22,719) | (579,885) | |
| TOTAL FUNDS | (557,166) | (22,719) | (579,885) | |
| Comparative | net movement | in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 319,295 | (342,014) | (22,719) | |
| TOTAL FUNDS | 319,295 | (342,014) | (22,719) |