2023-03-31-accounts

						Pages
Trustees' annual report	(incorporating		the	directors' report)		1tog
Independent examiner's	report to the		trustees			10
Statement offinancial activities		(including		income and expenditure	account)
Balance sheet						12to 13
Notes to the financial statements						14to 25

				2023		2022
			Unrestricted	Restricted
		Note	funds E	funds E	Total funds	Total funds f
Income and endowments
Grants and donations		5	9,762	58,435	68,197	44,963
Chaditable activities		6	93,181	5,615	98,796	89,225
Other trading activities			1,381	405	1,786	793
Other income		7				2,320
Total income			104,324	64,455	168,779	137,301
Expenditure Charitable activities		8	105,642	57,744	163,386	149,403
Other expenditure						2,410
Total expenditure			105,642	57,744	163,386	151,813
Net income/(expenditure) funds		before transfer of	(1,318)	6,711	5,393	(14,512)
Transfers between	funds		(9,296)	9,296
Other recognised gains and losses Gains from revaluation offixed assets			8,844	1,744,944	1,753,788
Net movement in	funds		(1,770)	1,760,951	1,759,181	(14,512)
Reconciliation of	funds
Total funds brought	forward		58,940	415,079	474,019	488,531
Total funds carried forward			57,170	2,176,030	2,233,200	474,019

Company Limite Balance sheet 31 March 2023	d	by Guarantee
			Note	f	2023		2022 F	f
Fixed assets
Tangible fixed assets			12			2,155,007		412,667
Current assets
Debtors			13	8,121			16,784
Cash at bank and in	hand			90,022			65,275
				98,143			82,059
Creditors: Amounts	falling due within
one year			14	(19,950)			(20,707)
Net current assets						78,193		61,352
Total assets less current liabilities						2,233,200		474,019
Net assets						2,233,200		474,019
Funds ofthe charity
Restricted income funds:
Revaluation reserve						1,744,944
Other restricted	income funds					431,086		415,079
Unrestricted funds:
Revaluation reserve				8,844
Other unrestricted		income funds		48,326			58,940
Total unrestricted funds				57,170			58,940
Total charity funds			17			2,233,200		474,019

5.	Grants and	donati	ons
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2023
				f	f
	Grants
	Suffolk County Council				1,350	1,350
	Mid Suffolk	District	Council	3,300	27,745	31,045
	Tesco
	Stowmarket	Town	Council		14,450	14,450
	Oddfellows
	Other grants and donations			6,462	11,720	18,182
	Albert Hunt	Trust
	Suffolk Community		Foundation		3,170	3,170
				9,762	58,435	68,197
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
				f	f	f
	Grants
	Suffolk County Council			2,430		2,430
	Mid Suffolk	District Council		12,000	3,000	15,000
	Tesco				7,000	7,000
	Stowmarket	Town	Council		4,400	4,400
	Oddfellows			1,250		1,250
	Other grants and donations			1,271	12,612	13,883
	Albert Hunt	Trust			1,000	1,000
	Suffolk Community		Foundation
				16,951	28,012	44,963
6.	Charitable	activities
				Unrestncted	Restricted	Total Funds
				Funds	Funds	2023
				f		F
	Rents and service		charges	92,508	4,116	96,624
	Other income			673	1,499	2,172
				93,181	5,615	98,796
				Unrestricted	Restricted	Total Funds
				Funds f	Funds f	2022 f.
	Rents and service Other income		charges	88,351 138	736	89,087 138
				88,489	736	89,225

7.	Other income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2023	Funds	2022
				6		f
	Insurance claim					2,320	2,320
8.	Expenditure on charitable		activities
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2023
					6	f
	Staff costs				64,586		64,586
	Office costs				4,878		4,878
	Property costs Project and service costs Depreciation Support costs				31,265 1,115 833 2,965	10 46,785 10,949	31,275 47,900 11,782 2,965
					105,642	57,744	163,386
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
					f
	Staff costs				55,789		55,789
	Office costs				12,272		12,272
	Property costs Project and service costs Depreciation Support costs				14,171 2,668 1,997 2,347	10,358 39,212 10,589	24,529 41,880 12,586 2,347
					89,244	60,159	149,403
	Analysis ofsupport costs
						2023	2022f
	Independent examiners Legal and professional	fees fees				2,592 373	2,334 13
						2,965	2,347
9.	Net income/(expenditure)
	Net income/(expenditure)	is	stated after	charging/(crediting):
						2023	2022
	Depreciation of tangible fixed assets Loss on disposal oftangible fixed assets					11,782	12,586 2,410

		2023 f	2022f
Wages Pension	and salaries costs	62,122 2,464	53,891 1,898
		64,586	55,789

Tangible fixed assets
	Freehold	Fixtures and
	property	fittings f	Equipment	Total
Cost
At 1 April 2022	580,921	51,119	22,887	654,927
Additions			334	334
Revaluations	1,753,788			1,753,788
At 31 INarch 2023	2,334,709	51,119	23,221	2,409,049
Depreciation At 1 April 2022 Charge for the year	174,163 10,546	45,210 1,166	22,887 70	242,260 11,782
At 31 March 2023	184,709	46,376	22,957	254,042
Carrying amount At 31 March 2023	2,150,000	4,743	264	2,155,007
At 31 March 2022	406,758	5,909		412,667

13.	Debtors
				2023 9	2022 f
	Trade debtors			6,012	15,227
	Prepayments	and accrued income		1,809	1,557
	Other debtors			300
				8,121	16,784
14.	Creditors: Amounts		falling due within one year
				2023	2022 f
	Trade creditors			2,455	4,808
	Accruals and	deferred	income	16,733	15,294
	Other creditors			762	605
				19,950	20,707

Deferred	income
			2023	2022
				6
At 1 April	2022		12,954
Amount	released	to income	(12,954)
Amount	deferred	in year	14,171	12,954
At 31 March 2023			14,171	12,954

Analysis of	Analysis of	charitable	funds
Unrestricted		Funds
			At 1 April			Revaluation		At 31 March
			2022	Income	Expenditure	gains	Transfers	2023
			E	F	E	F	F.	F
Unrestricted
Funds			58,940	104,324	(105,642)	8,844	(9,296)	57,170
Restricted	funds
			At 1 April			Revaluation		At 31 March
			2022	Income	Expenditure	gains	Transfers	2023
			E	E	E	E		E
Community		Fund	259,406		(5,424)	1,295,079	1,373	1,550,434
Old Library
Extension			106,453		(2,726)	449,865		553,592
Garden Projects					(1,979)		1,979
Better Balance
Classes				2,992	(2,552)			440
Volunteer Project			1,513		(2,565)		1,052
Window
Replacement			1,084		(779)		3,785	4,090
Car Park
Resurfacing Range Cooker			28,739 849		(1,359) (206)		332	27,380 975
Cake, Cancer
and Coffee			562	300	(328)			534
Redwoods	Table
and Chairs			297		(454)		2,542	2,385
Sensory Ark
Project			2,502	2,350	(3,785)		(1,067)
Lunch Club				9,727	(11,749)			(2,022)
Singing for	the
Brain			5,076	2,210	(5,900)			1,386
Rickshaw			700					700
Haughley Bequest			7,873		(1,000)			6,873
Volunteers	for
Stowmarket			25	31,430	(9,072)			22,383
Events				3,311	(2,103)			1,208
IT Improvements Nurture Together				1,000 1,000	(23)			1,000 977
Pop Up Farm				3,055	(2,355)		(700)
Stow Xmas		Tree
Festival					(52)			(52)
Dementia
Community
Group You're Welcome				2,334 4,746	(855) (2,478)			1,479 2,268
			415,079	64,455	(57,744)	1,744,944	9,296	2,176,030

Unrestricted		Funds
			At 1 April			Revaluation		At 31 March
			2021	Income	Expenditure	gains	Transfers	2022
			6	6	6
Unrestricted
Funds			48,786	108,553	(90,494)		(7,905)	58,940
Restricted	funds
			At 1 April			Revaluation		At 31 March
			2021	Income	Expenditure 6	gains	Transfersf	2022f
Community	Fund		264,830		(5,424)			259,406
Old Library Extension			109,179		(2,726)			106,453
Improvements		to
Redwoods			5,906		(5,906)
Garden Projects			(3,442)	10,462	(13,045)		6,025
Healthy Eating			1,623		(1,623)
Better Balance
Classes Volunteer Project			342 1,352	736 1,000	(1,300) (839)		222	1,513
Window
Replacement			1,863		(779)			1,084
Car Park
Resurfacing			29,738		(999)			28,739
Range Cooker			1,055		(206)			849
Cake, Cancer
and Coffee			976		(414)			562
Parquet Flooring			1,162		(1,162)
Alive 'n' Singing			364		(364)
Redwoods Table
and Chairs			751		(454)			297
Dementia Music
Cafe			(21)		21
Sensory Ark
Project			3,784	2,000	(5,282)		2,000	2,502
Lunch Club			4,043	2,000	(7,701)		1,658
Singing for Brain Rickshaw	the		8,719 4,996	1,150	(4,793) (4,296)			5,076 700
Acoustic Clouds			2,525		(2,525)
Haughley Bequest				10,000	(127)		(2,000)	7,873
Volunteers	for
Stowmarket				1,000	(975)			25
Gazebos				400	(400)
			439,745	28,748	(61,319)		7,905	415,079

Analysis of net assets between funds
As at 31 March 2023
	Unrestricted	Restricted	Total Funds
	Fundsf	Fundsf	2023
Tangible fixed assets Net current assets	16,151 41,019	2,138,856 37,174	2,155,007 78,193
Net assets	57,170	2,176,030	2,233,200
As at 31 March 2022
	Unrestricted	Restricted	Total Funds
	Fundsf	Fundsf	2022f
Tangible fixed assets Net current assets	7,805 51,135	404,862 10,217	412,667 61,352
Net assets	58,940	415,079	474,019