ACTION POINT COMMUNITY SUPPORT SERVICES UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
ACTION POINT COMMUNITY SUPPORT SERVICES FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
DIRECTORS
The Centre is controlled by a management board.
REGISTERED OFFICE
Temple Row Centre Keighley
COMPANY REGISTERED NUMBER
4153147
BANKERS
Barclays Bank plc
ACCOUNTANTS
Sunderland Driver
Hillworth House Oakworth Road Keighley
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ACTION POINT COMMUNITY SUPPORT SERVICES FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
CONTENTS
| Pages | |
|---|---|
| 3 | Directors' Report |
| 4 | Accountants' Report |
| 5 | Profit and Loss Account |
| 6 | Balance Sheet |
| 7-9 | Notes to the Financial Statements |
The following do not form part of the statutory financial statements:
10 Trading and Profit and Loss Account 11 Profit and Loss Account Summaries
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ACTION POINT COMMUNITY SUPPORT SERVICES DIRECTORS' REPORT FOR THE YEAR ENDED 31 MARCH 2023
The directors present their report and the financial statements of the company for the year ended 31 March 2023.
PRINCIPAL ACTIVITIES
The principal activities of the company continued to be the provision of volumteering facilities for the people of Keighley and district.
DIRECTORS
The Centre is controlled by a management board.
SMALL COMPANY EXEMPTIONS
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
This report was approved by the board on 4 December 2023 and signed on their behalf.
1
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ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ACTION POINT COMMUNITY SUPPORT SERVICES FOR THE YEAR ENDED 31 MARCH 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Action Point Community Support Services for the year ended 31 March 2023 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
We have not been instructed to carry out an audit or a review of the accounts of Action Point Community Support Services. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sunderland Driver
Hillworth House Oakworth Road Keighley
4 December 2023
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ACTION POINT COMMUNITY SUPPORT SERVICES PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023
| Note | 2023 | 2022 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| TURNOVER | 2 | 210,179 | 204,457 | ||
| GROSS PROFIT | 210,179 | 204,457 | |||
| Net operating expenses | 3 | 217,137 | 191,978 | ||
| OPERATING (LOSS)/PROFIT | 4 | (6,958) | 12,479 | ||
| (LOSS)/PROFIT ON ORDINARY ACTIVITIES | BEFORE | ||||
| TAXATION | (6,958) | 12,479 | |||
| Tax on ordinary activities | 5 | - | - | ||
| (LOSS)/PROFIT FOR THE FINANCIAL YEAR | £ | (6,958) | £ | 12,479 |
The notes on pages 7-9 form part of these financial statements
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Company registered number: 4153147 BALANCE SHEET AT 31 MARCH 2023
ACTION POINT COMMUNITY SUPPORT SERVICES
| Note FIXED ASSETS Tangible assets 6 CURRENT ASSETS Cash at bank and in hand CREDITORS: Amounts falling due within one year NET CURRENT ASSETS NET ASSETS CAPITAL AND RESERVES Profit and loss account 7 SHAREHOLDERS FUNDS |
2023 2022 £ £ £ 8,820 5,060 170,565 181,283 170,565 181,283 - - 170,565 181,283 179,385 £ 186,343 £ 179,385 186,343 179,385 £ 186,343 £ |
2022 £ 5,060 |
|---|---|---|
| 181,283 | ||
| 181,283 - |
||
| 181,283 |
In approving these financial statements as directors of the company we hereby confirm the following:
For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
1) The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with section 476 of the Companies Act 2006.
2) the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The accounts were approved by the board of directors on 4 December 2023
R Thompson, Director
The notes on pages 7-9 form part of these financial statements
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ACTION POINT COMMUNITY SUPPORT SERVICES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
1a. Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Tangible fixed assets
Fixed assets are shown at historical cost.
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
Vehicles
Reducing balance 25%
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rate.
1d. Turnover
Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
2. TURNOVER
Turnover and loss on ordinary activities before taxation are attributable to the provision of volunteering facilities.
3. NET OPERATING EXPENSES
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ | |||
| Net operating expenses: | ||||
| Administrative expenses | 320,207 | 307,202 | ||
| Depreciation | 6,500 | 1,687 | ||
| £ | 326,707 | £ | 308,889 |
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ACTION POINT COMMUNITY SUPPORT SERVICES NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
4. OPERATING LOSS
| OPERATING LOSS | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Profit on ordinary activities is stated | ||
| after charging: | ||
| Depreciation and amortisation | ||
| Tangible assets: owned | 2,940 | 1,687 |
| Loss on disposal of tangible assets | 3,560 | - |
5. TAX ON (LOSS)/PROFIT ON ORDINARY ACTIVITIES
There is no taxation liability on the result on ordinary activities.
6. TANGIBLE FIXED ASSETS
| Motor | ||||
|---|---|---|---|---|
| Vehicle | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 April 2022 | 11,994 | 11,994 | ||
| Additions | 11,760 | 11,760 | ||
| Disposals | (11,994) | (11,994) | ||
| At 31 March 2023 | 11,760 | 11,760 | ||
| Depreciation | ||||
| At 1 April 2022 | 6,934 | 6,934 | ||
| Disposals | (6,934) | (6,934) | ||
| For the year | 2,940 | 2,940 | ||
| At 31 March 2023 | 2,940 | 2,940 | ||
| Net Book Amounts | ||||
| At 31 March 2023 | £ | 8,820 | £ | 8,820 |
| At 31 March 2022 | £ | 5,060 | £ | 5,060 |
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ACTION POINT COMMUNITY SUPPORT SERVICES NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
7. RECONCILIATION OF RESERVES
| RECONCILIATION OF RESERVES | ||
|---|---|---|
| Profit | ||
| & loss | ||
| account | ||
| £ | ||
| At 1 April 2022 | 186,343 | |
| Loss for the year | (6,958) | |
| At 31 March 2023 | £ | 179,385 |
The amount of restricted reserves included in the total above is £40,062 (2022 £61,347). Of the restricted reserves £19,775 (2022 £44,409) relates to Lottery funding.
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ACTION POINT COMMUNITY SUPPORT SERVICES TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023
| Grants received Other income Less: Administrative expenses Depreciation and amortisation Net (loss)/profit for the year before taxation Net (loss)/profit for the year after taxation Retained profits brought forward Retained profits carried forward |
2023 £ £ 210,179 109,570 319,749 320,207 6,500 326,707 (6,958) (6,958) 186,343 179,385 £ |
2022 £ £ 204,457 116,911 321,368 307,202 1,687 308,889 12,479 12,479 173,864 186,343 £ |
|---|---|---|
This page does not form part of the Company's Statutory Financial Statements and is prepared for the information of the Directors only.
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ACTION POINT COMMUNITY SUPPORT SERVICES PROFIT AND LOSS ACCOUNT SUMMARIES FOR THE YEAR ENDED 31 MARCH 2023
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ | |||
| Other income | ||||
| Earned income | 83,930 | 78,118 | ||
| Sundry income | 2,407 | 2,444 | ||
| Surplus on shops | 23,233 | 36,349 | ||
| £ | 109,570 | £ | 116,911 | |
| Administrative expenses: | ||||
| Premises costs | 45,168 | 49,394 | ||
| Salaries and nic | 220,061 | 196,828 | ||
| Equipment & materials | 2,214 | 3,763 | ||
| Motor and travel | 4,180 | 5,379 | ||
| Stationery & office supplies | 10,325 | 9,227 | ||
| Project costs | 23,500 | 22,451 | ||
| Fundraising costs | 14,759 | 20,160 | ||
| £ | 320,207 | £ | 307,202 | |
| Depreciation and amortisation: | ||||
| Depreciation of vehicles | 2,940 | 1,687 | ||
| Loss on vehicles disposal | 3,560 | - | ||
| £ | 6,500 | £ | 1,687 |
This page does not form part of the Company's Statutory Financial Statements and is prepared for the information of the Directors only.
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