15RA%41SL.I"..S THORNS COMMUNITY TRUST ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023 CHARITY NUMBER 1071096 www.brambles-kenilworth.com INDEX T￿￿ees, Annual Report 14 Independent Examinerf5 Report Statement of Flnancial Affairs Balan￿ Sheet Notes to the Accounts 8-U THORNS COMMUNITY TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2023 Pel•ren¢e and admlnlstraU¥e Infornwtlon Thorns Community Trust ITCTI Is a re8lstered Charty, no. 1071096. TCT trades under the name 8rambles Pre-school and Out of khool Club (Bramblesl. Brambles Is located on the slie of Thorns Communlty Infant School (Thorns). and continues to malntaln Close Ilnks wlth the school. Its prlnclpal lo¢atlon15 clo Thorns Communlty Infant School, Blackthorn Road. Kenilworth. CV8 2D& Tcfls overseen by a commlttee of Trustees. There are three types of trustee.. Ex-officlo- the head tea¢her ofThorns Communlty Infant School Nomlna¢ed-Trustees who are appolnted by the 8overnln8 body ofThorns Communbty Infant School, and Co 2023 2022
Notes £ £ £ £
Fixed assets
Tangible fixed assets 11 8,253 5,680
Current assets
Debtors 12 5,146 5,010
Cash at bank and in hand 129,423 124,183
Creditors: amounts falling 134,569 129,193
due within one year 13 (2,441) (2,294)
Net current assets 132,128 126,899
Net assets 140,381 132,579
Represented by:
Accumulated funds:
General fund 14 140,381 132,579
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These accounts were approved by the Trustees on 6 March 2024 and are signed on their behalf by: Chair 7 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THORNS COMMUNITYTRUST I report on the attounts ofThoms Communlty Trust I'theTrust'l forthe year ended 31 August 2023 which comprlse the Ststement of Finan¢ial Attivities. the Balar￿ Sheet. and the related notes. Respon4bllltles and baslsof the report As the Trustees of the Trust you are responslble for the preparatlon of the accounts in accordance with the requirements of the Charltles Act 20111'the 2011 ACVI. You are satisfied that the accounts of the Trust are not required by charity lawto be audlted and have chosen Instead to have an Independent examlnation. I report In respert of my examination of the Trusvs accounts carrled out under section 145 of the 2011 Act. In carrying out my examlnatlon I have followed the general Oirections given by the Charity Commisslon for England and Wales under section 14515llbl of the 2011 ACL Independent examlner's statém•nt I have completed my examination. I confirm that no matters have come to my attentlon in connectlon wlth my examlnation givlng me cause to believe that In any material respett: accountlng recor(Is were not kept in accordance with sertlon 130 of the 2011 Act: or the accounts dld not accord wlth those records; or the accounts dld not complywith the appllcable requlrements concerning the fom and content of a¢¢ounts set out In the Charities (Accounts and Repottsl Regulatlons 2(￿8 other than any requlrement that the accounts give a 'true and falr, view whlch is not a matter consldered as part of an Independent examination. I have no concerns and have come across no other matters In connettion with the examlnatlon to which attention should be drawn In thls report in order to enable a proper understanding of the accounts to be reached. Michelle Larkln Chartered Accountant FILAN Accountants 57 Ely Street War¥vlckshire CV37 6LN 13 May 2024 THORNS COMMUNITY TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2023 2022 Unrestyl¢Md Re8tri¢ted Fund FurAs NDt•s unrestr￿ed Res¢rld8d Fund Funds Tot•1 Funds Totsl Fund5 Incom•fr¢m: Donation Charitable actfvltles Other tradln8 actlvltles Investments Other 1,000 173.374 io 790 290 173.374 io 790 290 171,530 171.530 25 25 Totsl 175,465 17S,46S 171,555 171,555 Exp￿dItuTe ¢)fi: Charft¥ble actlvltles 167.663 167,663 156,866 156,866 T•)tsl 167 663 167 663 156 866 Net {•xp•ndltsrn)Ilncom• 7,802 7.802 14,689 14.689 R•¢onclllatlon ol fvndi: Funds brou8ht forward 132,579 132,579 117.890 117,890 Funds forn•rd 140,381 140,381 132,579 132,579 THORNS COMMUNITYTRUST BALANCE SHEEr AS AT31 AUGUST 2023 2023 2022 FI￿d assets Tangible fixed assets li 8,253 5.680 Current a$5ets Debtors Cash at bank and in hand 12 5,146 129,423 134,569 5,010 124.183 129,193 Crndltors: amounts falling due withln one year Net current assets 13 12.4411 {2,294) 132,128 126.899 Net assets Represented by.. 140.381 132.579 Accumulat￿ funds: General fund 14 132 579 These accounts were approved by the Trustee5 on 6 March 2024 and are signed on thelr behalf by: JWE Wright Chair THORNS COMMUNrrY TrUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 l. sts￿$ Thorns Community Trust Is an unlncorporated association.. It is also a registered charlty Ire8lstratlon nlmber 10710961 whose actlvltles are intended to be for the publlc benefit. Its prlnclpal locatlon is clo Thorns Communlty Infant School, 81ackthorn Road, Kenilworth. CV8 2DS. 2. AcMuntln8 Pollcles Basls of Pfepardtlon The accounts Ifinancial statements) have been prepared In accordance with the Statement of Recommended Prartice: AccountlnB and Reportln8 by Charltles preparlng thelr accounts In accordance wlth the Flnanclal Reportln8 Stsndard appllcable In the UK and Republlc of Ireland IFRS 102} Issued on 16 July 2014 and the Flnanclal Reportln8 Standard appllcable In the Unlted Kingdom and Republlc of Ireland IFRS 1021 and the Charltles Act 2011 and UK Generally Accepted Practlce as It applles from l January 2015. The accounts lflnanclal statementsl have been prepared to 8fve a 'true and falrf vlew and have departed from the Charltles (Accounts and Reports) Re8ulatlons 2008 only to the extent requlred to provlde a 'true and falr vIe￿. Thls departure has involved followln8 Accountln8 and Reportlng by Charities preparlng thelr •ccounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021 Issued on 16 July 2014 rather than the Accountin8 and Reportlng by Charltles: Ststement of Recommended Practice effectlve from l Aprll 2005 whlch has slnce been wlthdrawn. Golng concem After maklng enqulrles, the trustees are not aware of any materlal uncertalntles that tast doubt on 8olng concem and have a reasonable expectation that the Charlty wlll be able to contlnue Its actlvltles for the foreseeable future, and at least twelve month5 from the date of approval of these accounts. Accordln81y, they have conttnued to adopl the Boing concern basls In the financial ststernents. Incam• Income Is recognised as Incomlng resources to the extent that the charity has provided the services In questlon. Éxpendlture Costs of actlvltles In furtherance of the charws objects comprlse those costs Incurred by the ch8rity as result of the delivery of its seNlce. Govemance costs comprise those costs Incurred by the charity in meeting its constitutional and statutory requlrernents. Tanglble flxed assets Tangible fixed assets are included In the balance sheet at cost less depreclatlon. Depreclatlon is generally calculated so that the cost of tanglble fixed assets less thelr resldual value a￿ written off over thelr estimated useful lives. The followlng depreclatlon rates appty: • Flxture5. fittin8s and equipment- 25% ￿dUCIfi8 balance. THORNS COMMUNITY TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 AUGUST 2023 (contlnued) 3. Donations 2023 Unrestrfrted 2022 Total Totsl Oonations 1.000 l)onatlon of £l.000 re￿ived from Waltrose12022: £nill 4. Income from charltsble artlvltles 2023 202Z Out of school club fee5 Holiday club fees Preschool grant Preschool fees 88,754 22,936 48,798 12,886 173,374 72,512 17.413 69,259 12,346 171,530 S. Other tradln8 artlvltles 2023 2022 Contribution from Trustee Simon Morris io 6. Investment Income Unrestrfrted funds 2022 Interest receivable on bank deposits 790 790 25 7. Other income 2023 2022 Grant Recelved from WCC County Fund for Breakfast Club 290 THOIINS COMMUNITY TRusr NOTES TO ThE RNANCIAL StATEMENrs YEAR ENDED 31 AUGUST 2023(a￿tin￿dI & ExpendlNr• th•ritsble actl¥ibes 2022 Staff costs Insurance Matersals Electricity Training Printing postsse and tslephone Depreciation Rent Rates Repair5 Cleaning Profe55ional fees Unlfomi Nursery ITand software Bank tharges Storage & Archivina Sundry 140.242 2.160 140.242 2.160 119.792 1.846 5,012 1.912 541 977 1,893 1393 918 934 2.751 4.333 244 293 2.138 922 1.393 918 934 2.751 4,333 244 293 2,138 922 278 12,189 2.593 629 91 386 31 71 952 4.098 71 952 4.098 166,703 3.735 155.906 Governance costs: Trustee5' remuneration and expense5 Independent Examiner's fees 167,663 167.663 156,866 9. Trustees remunerallon and e¥penses Ms Michelle Andrews. a trustee. received £4012022: £90) for relmbursed expenses duringthe year. 10. Stsff remunerakn and numbers 2023 WaBe5 and salarles Employers Nationèl Insurance Pension contrfbutions 137,149 1.069 2,024 140.242 118.085 261 119.792 The average monthty number of employees paid during the ￿ar Twas 2 full time12022: 3) and 12 part-time 12022: 10) who worked between 3 and 25 hours per wee 10 THORNS COMMUNITYTRU NOTES TO THE FINANaAL STATEMENrs YEAR ENDED 31 AUGUST 2023 (contlnued) IL Tan8lble trryx•d assets FIMtsres & Equlpment Imprtydements Totsl A5 at I September 2022 Addltlons As at 31 August 2023 26.537 9,996 1.074 11,070 2.753 4,250 7.003 39,286 5,324 44,610 26.537 Depredatlon As at I September 2022 Provlded In year A5 at 31 Au8USt 2023 23,343 9.171 475 9.645 1.092 1,478 2.570 33,606 2,751 36,357 24,140 Net book value As at 31 Au8USt 2023 2.396 1.424 4.433 8.253 As at 31 Augurt 2022 3.194 825 1.661 5.680 12. Debtors 2022 Trade debtors Prepayments Oiher debtows 4.231 915 3.682 646 5,010 5.146 13. C1￿1t￿lI• •rnounty f•llln8 due ¥AthlTh on• y￿1 2022 Trade cred￿0T$ Taxatlon and soclal securlty Other tredttors and accruals 1,819 901 L161 2.061 475 2.294 11 THORNS COMMUNITY TRUST NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 AUGUST 20231contlnued) 14. Movement In funds Name of fund Openlng In¢omln8 I￿nE resources resources aosln8 Restrlcted fund: Staff Unlfomi Restrlrtèd fund: JRS Clalmed Unrestrlcted fvnd: General fund 132,579 175,465 1167.6631 140,381 Totsl of all fvnds 132 579 140 381 15. Fees for examlnatlon of the a¢counts 2022 Independent examlnerfs fees Other fees p31d to the Independent examlner- payroll ¢osts 960 922 960 862 1,882 1,822 FILAN Accountants carried out payroll dutles at a cost of £922 {2022:£8621 in the year. A separate department carried out this work to ensure independence was malntained. 12