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|||Page|
|---|---|---|
|Trustees' annual
report|||
|Independent
examiner's|report to the trustees||
|Statement offinancial activities|||
|Balance sheet|||
|Notes to the financial statements|||
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|Year ended 31 Hlarch 2|Year ended 31 Hlarch 2|023||
|---|---|---|---|
|Reference and administrative||details||
|Registered charity|name|Red Lodge Millennium|Centre Limited|
|Charity registration|number|1072125||
|ComPany registration
number||03493389||
|Principal office and
ofgcs|registered|First Floor Suite
2 Hillside Business Park||
|||Bury St Edmunds||
|||Suffolk||
|||IP32 7EA||
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|The trustees|who served
duri|ng the year and atthe date ofapproval w|ng the year and atthe date ofapproval w|
|---|---|---|---|
|||BCornish
(Appointed
16/01/23,||
|||Chair from 01/09/23)||
|||D Merchant
(Vice Chair)||
|||A Bettoney (Appointed
04/10/23)||
|||C Bloomfield (Appointed|09/08/23)|
|||BBotwright (Appointed
SHoulder|09/08/23)|
|||KMayem (Appointed
16/01/23)||
|||CWhite (Appointed
04/1 0/23)||
|||RAllen (Resigned 06/10/22)||
|||M Bradshaw (Resigned|16/02/23)|
|||A Giles (Resigned 06/07/23)||
|||LHayes (Appointed
16/01/23,||
|||Resigned 30/08/23)||
|||PJudd (Chair, Resigned|13/07/23)|
|Independent|examiner|LThurston
FCCA||
|||Lovewell Blake LLP||
|||Chartered
accountants||
|||First Floor Suite||
|||2 Hillside Business Park||
|||Bury StEdmonds||
|||IP32 7EA||
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|||||2023||2022|
|---|---|---|---|---|---|---|
||||Unrsstricted|Restricted|||
|Income and endowments||Note|funds
8|funds
8|Total funds
f|Total funds
8|
|Donations and legacies
Charitable
activities
Investmsnt
income||5
6|12,900
61,709
283||13,400
61,709
283|37,356
55,646
8|
|Total income|||74,892||75,392|93,010|
|Expenditure|||||||
|Chadtable
activities||7|(90,416)|(12,558)|(102,974)|(97,339)|
|Total expenditure|||(90,416)|(12,558)|(102,974)|(97,339)|
|Net expenditure
before transfer offunds|||(15,524)|(12,058)|(27,582)|(4,329)|
|Transfem
between|funds||(74)|74|||
|Net movement
in funds|||(15,598)|(11,984)|(27,582)|(4,329)|
|Reconclliadon offunds|||||||
|Total funds brought|forward||71,956|906,886|978,842|983,171|
|Total funds cerned|forward||56,358|894,902|951,260|978,842|
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||||2023||2022||
|---|---|---|---|---|---|---|
|Fixed assets||Note|6||8||
|Tangible fixed assets||||899,663||912,743|
|Curmnt assets|||||||
|Stock
Debtors
Cash at bank and in hand||12
13|150
1,745
60,487||150
8,943
89,247||
||||62,382||76,340||
|Creditors: Amounts|falling due within||||||
|one year||14|(10,785)||(10,241)||
|Net current assets||||51,597||66,099|
|Total assets less current liabilities||||951,260||978,842|
|Net assets||||951,260||978,842|
|Funds ofthe charity|||||||
|Restricted funds
Unrestricted
funds||||894,902
56,358||906,886
71,956|
|Total charity funds||15||951,280||978,842|
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|The company
is limited
by guarantee
committed to make a contribu6on
not
Donations and legacies|.
If the charity were to be wound
exceeding 610.|up, each mem|ber
would be|
|---|---|---|---|
||Unrestdcted|Restricted|Total Funds|
||Funds|Funds|2023|
|Donations|6|6||
|Donations|12,000||12,000|
|Grants||||
|Grants receivable
CJRS income|900|500|1,400|
||12,900|500|13,400|
||Unmstricted|Restricted|Total Funds|
||Funds|Funds|2022|
|Donaaons|6|6|6|
|Donations|12,509||12,509|
|Grants||||
|Grants receivable
CJRS income|18,473
6,374||18,473
6,374|
||37,356||37,356|
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|Charitable
activities|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds
f|2023
6|Funds
8|2022
8|
|Hire ofbuilding
Rent ofbar facilities|50,709
11,000|50,709
11,000|46,446
9,200|46,448
9,200|
||61,709|61,709||55,646|
|Expenditure
on charitable activities|||||
|||Unrestricted|Restricted|TotalFunds|
|||Funds|Funds|2023|
|||8|8||
|Wages and salaries
Rates and water
Light and heat
Repairs and maintenance
Insurance
Office expenses
Depreciation
oftangible assets
Function costs
Support costs||46,114
4,262
15,063
788
2,854
6,388
1,994
7,815
5,138|574
11,984|48,114
4,262
15,063
1,362
2,854
6,388
13,978
7,815
5,138|
|||90,418|12,558|102,974|
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||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
||||Funds
f|Funds
8|2022
2|
|Wages and salaries
Rates and water
Light and heat
Repairs and maintenance
Insurance
Office expenses
Depreciation
oftangible assets
Function costs
Support costs|||42,764
4,503
9,495
5,602
2,978
4,648
4,699
7,063
3,803|11,984|42,764
4,503
9,495
5,602
2,978
4,848
16,683
7,063
3,603|
||||85,355|11,984|97,339|
|Analysis ofsupport costs:||||||
|||||Total Funds|Total Funds|
|||||2023|2022|
|||||f|8|
|Independent
examination
fees
Legal and professional
fees||||3,445
1,693|1,938
1,885|
|||||5,138|3,603|
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|2023|2022|
|---|---|
|6||
|13,978|16,683|
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|management
personnel
for non Truste
Tangible fixed assets|e related services to|the charity w|as 825,231 (2022|:821,366).|
|---|---|---|---|---|
||Leasehold|Plant and|Fixtures and||
||property
5|machinery
8|fittings
8|Total
5|
|Cost|||||
|At 1April 2022|1,186,988|1,472|112,605|1,301,065|
|Additions||441|457|898|
|At 31March 2023|1,186,988|1,913|113,062|1,301,963|
|Depreciation|||||
|At 1 April 2022
Charge forthe year|279,659
11,990|747
306|107,916
1,682|388,322
13,978|
|At 31 March 2023|291,649|1,053|109,598|402,300|
|Carrying
amount|||||
|At 31March 2023|895,339|860|3,464|899,663|
|At 31 March 2022|907,329|725|4,689|912,743|
|Stock|||||
||||2023|2022|
||||6||
|Raw materials
and consumables|||150|150|
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|13.|Debtors|||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||8|8|
||Trade debtors|||838|5,472|
||Prepayments|and accrued income||907|1,471|
|||||1,745|6,943|
|14.|Creditors: Amounts||falling due within one year|||
|||||2023|2022|
|||||8|8|
||Trade creditors
Accruals and defened
income
Social security and other taxes|||(345)
3,445
4,712|4,413
2,065
953|
||Other creditors|||2,973|2,810|
|||||10,785|10,241|
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|Analysis ofc|haritable funds|||||||
|---|---|---|---|---|---|---|---|
|||Balance at 1|||||Balance at|
|||Apr 2022f|Income
8|Expenditure
6|Transfers
F|31 Mar 2023
f||
|Restricted funds||||||||
|Property fund
Loft conversion
West Suffolk Council Locality||894,351
12,535||(11,814)
(170)|||882,537
12,365|
|Funding|||500|(574)|74|||
|||906,886|500|(12,558)|74||894,902|
|Umestricted|funds|||||||
|General funds
Designated
funds||41,956
30,000|74,892|(90,416)|(74)||26,358
30,000|
|||978,842|75,392|(102,974)|—||951,260|
|||Balance at 1|||||Balance at|
|||Apr 2021
6|Income
2|Expenditure
8|Transfers|31Iaar 2022
8||
|Restricted funds||||||||
|Property fund
Loft conversion||909,059
9,811||(11,814)
(170)|(2,894)
2,894||894,351
12,535|
|||918,870||(11,984)|—||906,886|
|Unrestricted|funds|||||||
|General funds
Designated
funds||34,301
30,000|93,010|(85,355)|||41,956
30,000|
|||983,171|93,010|(97,339)|||978,842|
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|As at 31 March|2023||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted||Resbicted|Total Funds|
|||||||||||Funds|Funds|2023|
|||||||||||8|8|5|
|Tangible fixed assets||||||||||4,761|894,902|899,663|
|Current assets||||||||||62,382||62,382|
|Current
liabilities||||||||||(10,785)||(10,785)|
|Net assets||||||||||56,358|894,902|951,260|
|As st 31 March 2022|||||||||||||
||||||||||Unrestricted||Restricted|Total Funds|
|||||||||||Funds|Funds|2022|
|||||||||||6|8|E|
|Tangible fixed assets||||||||||5,857|906,886|912,743|
|Current assets||||||||||76,340||76,340|
|Current
liabiliTies|||||||||(10,241)|||(10,241)|
|Net assets||||||||||71,956|906,886|978,842|
|Funds mceived|ss agent or held as custodian trustee||||||||||||
|During the year, Red
I udge Millennium
Centre Limited, administered
funds for the Event Group. Total
funds
received
during
the
year
amounted
to FNil (2022: 8400) with
a further
860 (2022: 515)
expended.
At the balance sheet date a balance ofK824 (2022:BI84)was included
within "custodian|||||||||||||
|funds" in creditors.|||||||||||||
|Opersgng
lease|commitments||||||||||||
|The total future minimum||||lease payments|||under non-cancegable|||operating|leases are as|follows:|
||||||||||||2023
5|2022
f|
|Not lsler than 1year|||||||||||342|342|
|Later than
1 year|and|not||later than 5years|||||||4|4|
|Later than 5years|||||||||||70|71|
||||||||||||416|417|
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