OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

Unrestricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies
23,743
Other trading
activities
2,411
Investment
income
79
Total ~26233
EXPENDITURE ON
Charitable
activities
Newent
Initiative
Trust
46 006
NET INCOME/(EXPENDITURE) (19,773)
RECONCILIATION OF FUNDS
Total funds brought
forward
142,643
TOTAL FUNDS CARRIED FORWARD ~122 870
BALANCE SHEET
31AUGUST 2022
Unrestricted
funds
Notes
FIXEDASSETS
Tangible
assets
101,036
CURRENT ASSETS
Cash at bank and in hand 22,654
CREDITORS
Amounts
falling due within one year
(820)
NET CURRENT ASSETS ~21 834
TOTAL ASSETSLESSCURRENT
LIABILITIES 122,870
NET ASSETS ~122 870
FUNDS
Unrestricted
funds
~122 870
TOTAL FUNDS ~122 870

Room hire 100
Other income 20
Governmeut Job Retention Scheme Grants 2 291
2411

TANGIBLE FIXEDASSETS
Fixtures
Freehold ariel
property fittings Totals
6
COST
At 1 September 2021 167,560 7,733 175,293
Additions 480 480
At 31August 2022 167,560 8213 175,773
DEPRECIATION
At 1 September 2021
Charge for year
63,651
~3351
7,733
2
71,384
3 353
At 31 August 2022 67,002 7,735 74,737
NET BOOK VALUE
At 31 August 2022 100558 478 101,036

8. MOVEMENT MOVEMENT IN FUNDS IN FUNDS IN FUNDS
Net
movement At
At 1.9.21 in funds 31.8.22
Unrestricted funds
Newent
Initiative
Trust 133,942 (16,593) 117,349
Restricted funds
Joe Meek Events 579 579
Skate Park 1,884 1,884
International Friendship Group 407 407
Repair Caft 766 (169) 597
Cafd Sign 227 (227)
Valegro 4,838 (4,838)
Buses4Us 2,054 2,054
TOTAL FUNDS 142643 ~19,773) 122,870
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended
I
in funds
I
Movement in funds 26,233 (46,006) (19,773)
TOTAL FUNDS ~26 233 ~46 006) ~19 773)

INCOME AND ENDOWMENTS INCOME AND ENDOWMENTS
Donations
and legacies
Donations 6,050
Grants ~17 693
23,743
Other trading
activities
Room hire
100
Other income 20
Government
Job Retention
Scheme Grants 2,291
2,411
Investment
income
Deposit account interest 79
Total incoming
resources
26,233
EXPENDITURE
Charitable
activities
Wages
Rates and water
26,876
284
Insurance 1,102
Light and heat
Telephone
Postage and stationery
Sundries
612
166
395
436
Community
cafe
Repairs and renewals
557
609
Decorating
costs
Property maintenance
Computer
and LT costs
Valegro
HAF
740
3,485
429
4,838
1,048
Freehold property
Fixtures and fittings
3,351
2
44,930
Support costs
Governance
costs
Legal and professional
Accountancy
fees 200
876
1,076
Total resources
expended
46,006
Net expenditure ~19773l