| tr ustees | Barrie Masterson - Co-Opted | Barrie Masterson - Co-Opted | |||||
|---|---|---|---|---|---|---|---|
| Chris Barnes - Nominated | by Parish Council | ||||||
| Christine Rodger - Co-Opted | |||||||
| Gregory Munson -Co-Opted | |||||||
| Daniel Scott - Co-Opted | |||||||
| Mark Williams - Nominated | by Parish Council | ||||||
| Philip Bates - Co-opted | |||||||
| Hannah Groom - Nominated |
by Parish Council | (Appointed | 4August 2022) | ||||
| Jonathan Gray - Co-Opted |
(Appointed | 6 October 2022) | |||||
| Hannah Gray - Ex-Ofticio |
Rector | (Appointed | 6October 2022) | ||||
| Nicola Ireson - Co-Opted | (Appointed | 13April 2023) | |||||
| Charity | number | 1074433 | |||||
| Principal | address | Hempnall Mill Centre |
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| Mill Road | |||||||
| Hempnall | |||||||
| NORWICH | |||||||
| Norfolk | |||||||
| NR15 2LP | |||||||
| Independent | examiner | Waveney Accountants Limited |
|||||
| T/as Newman &Co | |||||||
| Chartered Accountants |
|||||||
| 4b Church Street | |||||||
| Diss | |||||||
| Norfolk | |||||||
| IP22 4DD |
| Page | |||
|---|---|---|---|
| Trustees' report | 1-3 | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 7-16 |
| The trustees who served during the year and up to the date ofsignature ofthe financial | The trustees who served during the year and up to the date ofsignature ofthe financial | The trustees who served during the year and up to the date ofsignature ofthe financial | The trustees who served during the year and up to the date ofsignature ofthe financial | statements | were: |
|---|---|---|---|---|---|
| Barrie Masterson - Co-Opted | |||||
| Chris Barnes —Nominated by Parish Council |
|||||
| Peter Workman - Nominated | by Parish Council | (Retired 17May 2022) | |||
| Patrick Stone - Co-Opted | (Deceased | 6October 2022) | |||
| Christine Rodger - Co-Opted |
|||||
| Gregory Munson - Co-Opted | |||||
| John Kelly - Co-Opted | (Retired 14August 2022) | ||||
| Daniel Scott - Co-Opted | |||||
| Mark Williams - Nominated | by Parish Council | ||||
| Philip Bates - Co-opted | |||||
| Hannah Groom - Nominated |
by Parish Council | (Appointed | 4August 2022) | ||
| Jonathan Gray - Co-Opted |
(Appointed | 6October 2022) | |||
| Hannah Gray - Ex-Officio Rector |
(Appointed | 6October 2022) | |||
| Nicola Ireson - Co-Opted | (Appointed | 13April 2023) | |||
| Helena Fraser - Co-Opted | (Appointed | 13April 2023 and | resigned 20 | June 2023) |
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||
| Notes | ||||||||
| gllgll~ fr&~m: |
||||||||
| Donations and |
legacies | 5,964 | 5,964 | 8,400 | 8,400 | |||
| Charitable activities |
38,357 | 38,357 | 36,048 | 36,048 | ||||
| Other trading activities | 533 | 533 | 200 | 200 | ||||
| Investments | 3,361 | 3,361 | 2,870 | 2,870 | ||||
| Total income | 48,215 | 48,215 | 47,518 | 47,518 | ||||
| Charitable activities |
7 | 65,833 | 65,833 | 62,340 | 62,340 | |||
| Net gains/(losses) on |
||||||||
| investments | 12 | (21,081) | (21,081) | 16,040 | 16,040 | |||
| Net (outgoing)/incoming | ||||||||
| resources before transfers | (17,618) | (21,081) | (38,699) | (14,822) | 16,040 | 1,218 | ||
| Gross transfers | ||||||||
| between funds |
25,000 | (25,000) | ||||||
| Net movement | in funds | 7,382 | (46,081) | (38,699) | (14,822) | 16,040 | 1,218 | |
| Fund balances | at 1 January | |||||||
| 2022 | 228,034 | 203,104 | 431,138 | 242,856 | 187,064 | 429,920 | ||
| Fund balances | at 31 | |||||||
| December 2022 | 235,416 | 157,023 | 392,439 | 228,034 | 203,104 | 431,138 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Fixed assets | |||||||
| Tangible assets | 14 | 225,389 | 227,606 | ||||
| Investments | 15 | 157,023 | 203,104 | ||||
| 382,412 | 430,710 | ||||||
| Current assets | |||||||
| Stocks | 17 | 200 | 600 | ||||
| Debtors | 18 | 1,661 | 132 | ||||
| Cash at bank | and in | hand | 10,995 | 2,258 | |||
| Creditors: amounts | falling due within one | 12,856 | 2,990 | ||||
| year | 19 | (2,829) | (2,562) | ||||
| Net current assets | 10,027 | 428 | |||||
| Total assets | less current liabilities | 392,439 | 431,138 | ||||
| Capital funds | |||||||
| Endowment | funds - | general | 20 | 157,023 | 203,104 | ||
| Income funds | |||||||
| Unrestricted | funds | 235,416 | 228,034 | ||||
| 392,439 | 431,138 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| Donations | and gifts | 5,964 | 400 | ||
| Grants receivable | 8,000 | ||||
| 5,964 | 8,400 | ||||
| 4 | Charitable | activities | |||
| The Mill | The Mill | ||||
| Centre | Centre | ||||
| 2022 | 2021 | ||||
| Charitable | distribution | 15,789 | 20,455 | ||
| Sale ofmeals | 11,979 | 14,181 | |||
| Hire ofhall | and sundry | income | 10,589 | 1,412 | |
| 38,357 | 36,048 | ||||
| 5 | Other trading activities | ||||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2022 | 2021 | ||||
| Rental income | 533 | 200 | |||
| 6 | Investments | ||||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2022 | 2021 | ||||
| Investment | income | 3,361 | 2,870 |
| The Mill | People in | Total | The Mill | People in | Total | |||
|---|---|---|---|---|---|---|---|---|
| Centre | need | 2022 | Centre | need | 2021 | |||
| 2022 | 2022 | 2021 | 2021 | |||||
| Staffcosts | 17,041 | 17,041 | 17,857 | 17,857 | ||||
| Depreciation | and | |||||||
| impairment | 6,745 | 6,745 | 7,329 | 7,329 | ||||
| Food | 9,321 | 9,321 | 6,592 | 6,592 | ||||
| Light, heat, rates and | ||||||||
| insurance | 7,704 | 7,704 | 6,285 | 6,285 | ||||
| Telephone | 741 | 741 | 794 | 794 | ||||
| Sundries | 621 | 621 | 447 | 447 | ||||
| Cleaning | 1,602 | 1,602 | 1,265 | 1,265 | ||||
| Repairs and maintenance | 8,614 | 8,614 | 7,002 | 7,002 | ||||
| 52,389 | 52,389 | 47,571 | 47,571 | |||||
| Grant funding ofactivities | ||||||||
| (see note 8) | 6,845 | 6,845 | 9,563 | 9,563 | ||||
| Share ofsupport costs (see | ||||||||
| note 9) | 4,079 | 720 | 4,799 | 3,406 | 3,406 | |||
| Share ofgovernance | costs | |||||||
| (see note 9) | 1,800 | 1,800 | 1,800 | 1,800 | ||||
| 58,268 | 7,565 | 65,833 | 52,777 | 9,563 | 62,340 |
| Support | c | osts | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Support | costs | Governance | 2022 | Support | costs | Governance | 2021 | ||||
| costs | costs | ||||||||||
| Secretary's | expenses | 4,649 | 4,649 | 3,000 | 3,000 | ||||||
| Computer | costs | 150 | 150 | 406 | 406 | ||||||
| Independent | examiner's | fee | 1,800 | 1,800 | 1,800 | 1,800 | |||||
| 4,799 | 1,800 | 6,599 | 3,406 | 1,800 | 5,206 | ||||||
| Analysed | between | ||||||||||
| Charitable | activities | 4,799 | 1,800 | 6,599 | 3,406 | 1,800 | 5,206 |
| The average |
monthly number ofemployees during the ye |
ar was: | |
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Employment | costs | 2022 | 2021 |
| Wages and salaries | 17,041 | 17,857 |
| Endowment | Endowment | ||
|---|---|---|---|
| funds | funds | ||
| general | general | ||
| 2022 | 2021 | ||
| Revaluation | ofinvestments | (19,442) | 12,864 |
| Gain/(loss) | on sale ofinvestments | (1,639) | 3,176 |
| (21,081) | 16,040 |
| Tangible fixed assets | |||
|---|---|---|---|
| Freehold land | Fixtures and | Total | |
| and buildings | fittings | ||
| Cost | |||
| At I January 2022 | 251,165 | 31,416 | 282,581 |
| Additions | 4,527 | 4,527 | |
| At 31 December 2022 | 251,165 | 35,943 | 287,108 |
| Depreciation and impairment |
|||
| At 1 January 2022 |
34,281 | 20,693 | 54,974 |
| Depreciation charged in the year |
5,023 | 1,722 | 6,745 |
| At 31 December 2022 | 3.9,304 | 22,415 | 61,719 |
| Carrying amount |
|||
| At 31 December 2022 | 211,861 | 13,528 | 225,389 |
| At 31 December 2021 | 216,884 | 10,722 | 227,606 |
| Fixed asset investments | |
|---|---|
| Listed | |
| investments | |
| Cost or valuation | |
| At 1 January 2022 |
203,104 |
| Valuation changes |
(19,442) |
| Disposals | (26,639) |
| At 31 December 2022 | 157,023 |
| Carrying amount |
|
| At 31December 2022 | 157,023 |
| At 31 December 2021 | 203,104 |
| 16 | Financial | instruments | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Carrying | amount offinancial assets | ||||||||
| Instruments | measured | at fair | value through | profit or loss | 157,023 | 203,104 | |||
| 17 | Stocks | ||||||||
| 2022 | 2021 | ||||||||
| Raw materials and consumables |
200 | 600 | |||||||
| 18 | Debtors | ||||||||
| 2022 | 2021 | ||||||||
| Amounts | falling due | within | one year: | ||||||
| Amounts | owed by subsidiary | undertakings | 1,000 | ||||||
| Other debtors | 446 | ||||||||
| Prepayments and accrued income |
215 | 132 | |||||||
| 1,661 | 132 | ||||||||
| 19 | Creditors: | amounts | falling due within | one year | |||||
| 2022 | 2021 | ||||||||
| Other creditors | 379 | 379 | |||||||
| Accruals | and deferred | income | 2,450 | 2,183 | |||||
| 2,829 | 2,562 |
| Movement | in funds | |||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Proceeds | Disposals | Transfers | Revaluations | Balance at | |||
| 1 | January 2022 |
gains and losses | 31December | |||||
| 2022 | ||||||||
| Permanent | endowments | |||||||
| Endowment | funds | 203,104 | 25,000 | (26,639) | (25,000) | (19,442) | 157,023 | |
| 203,104 | 25,000 | (26,639) | (25,000) | (19,442) | 157,023 |
| Analysis ofn | et asset | s betw | een funds |
een funds |
een funds |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | ||||||
| funds | funds | funds | funds | ||||||||
| 2022 | 2022 | 2021 | 2021 | 2021 | |||||||
| Fund balances | at 31 | ||||||||||
| December 2022 are | |||||||||||
| represented by: |
|||||||||||
| Tangible assets | 225,389 | 225,389 | 227,606 | 227,606 | |||||||
| Investments | 157,023 | 157,023 | 404 | 202,700 | 203,104 | ||||||
| Current assets/(liabilities) | 10,027 | 10,027 | 428 | 428 | |||||||
| 235,416 | 157,023 | 392,439 | 228,438 | 202,700 | 431,138 | ||||||
| Related party | transactions | ||||||||||
| Transactions | with related | parties | |||||||||
| During the year the charity | entered | into the following | transactions | with related parties: | |||||||
| Donations | Room rental | ||||||||||
| 2022 | 2021 | 2022 | 2021 | ||||||||
| Entities over |
which | the | entity | has | control, | joint | |||||
| control or significant | influence | 5,964 | 500 |
| Amounts owed by related |
Amounts owed by related |
Amounts | owed by related | |||
|---|---|---|---|---|---|---|
| parties | parties | |||||
| 2022 | 2021 | |||||
| Balance | Net | Balance | ||||
| Entities | over which | the entity has control, joint | ||||
| control | or significant | influence | 1,000 | 1,000 | ||
| 1,000 | 1,000 |
| Details ofthe charity's | subsidiaries at 31 D |
ecember | 2022 are as follows: | ||||
|---|---|---|---|---|---|---|---|
| Name ofundertaking | Registered | Nature ofbusiness | Class of | %Held | |||
| office | shares held | Direct | Indirect | ||||
| The Mill Bar Company | Limited Hempnall | Mill | Trading | Ordinary | Kl | 100.00 | |
| Centre, Mill Road, | |||||||
| Hempnall, | NR15 | ||||||
| 2LP |
| 2022 | 2021 | |
|---|---|---|
| Turnover | 13,849 | 4,709 |
| Other income | 8,573 | |
| Expenditure | (13,601) | (7,955) |
| Net (loss)/profit | 248 | 5,327 |
| Net assets | 1,561 | 7,277 |