Southwold Millennium Foundation Accounts for the period ended 31 December 2022 Company Number 13415932 Registered Charity Number 1084284 Addross Stella Peskett Hall Mights Road Southwold Suffolk IP18 6BE
Southwold Millènnium Foundation Contents Page Directors, report Independent examinerfs report Statement of financial activities Balan¢e sheal Notes forming part of the financial statements
Southwold Millennium Foundation Dirèctor5. Report For the period ended 31 December 2022 The directors present their report ancl financial slalements for the period ended 31 December 2022. Principal activity The principal activfcy of the company during the period under review was that of arranging and operating the local Millennium hall for public use and a car park in Southwold. Directors The dire¢lors who served the company during the period were as follows.. E Betts S Flundar J Goldsmith G Hopwood J Hursell M Ladd S Tobin Résigned 14 November 2022 Responslbilitie$ of thg dir8ctors The directors are responsible for preparing the Annu81 Report and the financial statements in acGordanGe wqlh applicable law and regulations. Company18w requires the dirè¢lors to preparÉ financial statements for each financial period. Under that law the directors have elected lo prepare the financial statements in accordance wrf(h United Kingclom Generally Accepted Accounting Practice (United Kingdom Acwunling Standards and appli¢able18wI. The slalements are required by law to give a true and fair view of the slate of affairs of the ompany and of the profit or bss of the company for that period. In preparing the financial statements, the directors are required lo.. select suitable acwunling policies and then apply them consislenlly., make judgements and estimate5 that are reasonable and prudent", prepare the financial statements on the going concem basis unless 11 is inappropriate to assume that the company will continue on that basis
Southwold Millennium Foundation Dlre¢tors' Report For the period ended 31 December 2022 Responsibilities of the directors Icont.) The directors are responsible for maintaining proper accounting records that disclose with reasonable accuracy al any lime the financial position of the company and lo enable them lo ensure that the financial statemènts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for lakiTrg reasonable steps for the prevention and detection of fraud and other irregularities Approved by the directors on 22 March 2023 and signéd on its béhalf by M Ladd Director
Southwold Millennium Foundation Accounts for the period ended 31 December 2022 These aGcounls weie prepared from the information provided arid I believe them lo be a true record of the trading for the period. S Britten 22 March 2023
Southwold Millennium Foundation Income & Expenditure For the period ended 31 December 2022 31.12.22 31.12.21 Income Soulhwold Trust Soulhwold Town Council Bank Inlèresl Car Park Hall Sundries 110,DOO 00 10,000.00 1426 2.286 96 13,474.87 354.50 508 6,690.38 15,864.64 136,130 59 22,56Q.10 Expenditure Car ParklPlanslSurvey Greener Growth Suridry John Lytton Hall 159,136 28 840.00 3,187.94 2,584.80 15,418.33 12,651_28 480.00 7,629.47 11,788.16 181,167.35 33.548.91 Deficit for the period 145,036.761 10,988.U1
Southwold Millennium Foundation Balancè Shèet as at 31 DÈ¢ember 2022 ReseNes 31.12.22 31.12.21 Balance blfwd IDeficrt}ISurplus for the period 53,739.26 145,036.761 64,728.07 {10,988.811 Totals 8,702 50 53,739 26 Represented by.. COIF Deposit Lloyds TSB current aceounl Lloyds TSB No 2 a¢¢ounl Lighthouse pelly cash Lloyd5 TSB No 3 account 2,465.81 2,993.30 388.85 40,451 $5 5,516.06 1,807.59 1,166.06 4,798.OD 2.854.54 Totals 8,702.50 53,739 26 The Company is entitled to exemption frorn audit under Section 477 of the Companies Act 2006 for the period ended 31 Decembèr 2022. The mtrmbers have not required the company lo obtain an audit of Its financial statements for the period ended 31 Bernber 2022 in accordance with Section 476 of the Comp8nies Act 2006. The financial statements have been prepared in accordance wrfch the provisions applicable lo companies subject to the small companiès regime under thé Companies Act 2006 and with the Financial Reporting Standard for Smaller Enlilies leffective April 20081. The directors acknowledges his responsibilrties for complying with the requirements of the Companies AGI 2006 with respect to company accounting records and preparation Df accounts. These financial statements were approved on 22 March 2023 M Ladd DiOr
Southwold Millennium Foundation Notes forming part of the Financial Statements For the perlod ended 31 December 2023 1 Statutory infomiation The Gompany is limited by guarantee, registered In England and Wales. The cornpany has no share ¢apital and thè liability of $a¢h direGtorArusle6 in the event of a winding up is limited 10 £10 The company's registered number and office address can be found on the Cover page. 2 Staffing The ch2rity has no employees and all ol the worf( is done throughout the year by a number of volunteers supplemented by contracted in seNices. 3 Taxation The company is a registered charity and no provision is considered necessary for taxation.