THE WARE DRILL HALLASSOCIATION LIMITED
(A CHARITABLE COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr B Worthingion MBE
MrAJ Young
Ms P R Ballam
Mr M Pope
MrRDMGray
MrA L Wamian
Mr J Clarke
Charity numbèr
1090348
Company number
04291929
Roglst•r•d offl¢e
17 Amwèll End
Ware
Hertfordshire
SG12 9HP
Ind¢pendent examlmr
Gary Howard FCA
Howard Wi150n Chartered Accountan15
36 Crown Rise
Watford
Hertfordshire
WD25 ONE
Bankers
CAF Bank
25 Kings Hill Avenue
West Marling
Kent
ME194JQ
|
|
Unrestricted Restricted |
Unrestricted Restricted |
Total |
UnrestrictedRestricted |
UnrestrictedRestricted |
Total |
|
|
funds |
funds |
|
fundsfunds |
|
|
|
|
2023 |
2023 |
2023 |
20222022 |
|
2022 |
|
Notes |
|
|
|
|
|
|
| Income from: |
|
|
|
|
|
|
|
| Voluntary income |
3 |
259 |
- |
259 |
12,784 |
|
12,784 |
| Charitable activities |
4 |
72,471 |
- |
72,471 |
59,731 |
|
59,731 |
| Investments |
5 |
1,039 |
- |
1,039 |
149 |
|
149 |
| Total income |
|
73,769 |
- |
73,769 |
72,664 |
|
72,664 |
| Expenditure on: |
|
|
|
|
|
|
|
| Charitable activities |
6 |
97,491 |
3,622 |
101,113 |
91,259 |
3,622 |
94,881 |
| Net expenditure for the |
|
|
|
|
|
|
|
| year/ |
|
|
|
|
|
|
|
| Net movement in funds |
|
(23,722) |
(3,622) |
(27,344) |
(18,595)(3,622) |
|
(22,217) |
| Fund balances at 1 October |
|
|
|
|
|
|
|
| 2022 |
|
112,194 |
16,058 |
128,252 |
130,78919,680 |
|
150,469 |
| Fund balances at 30 |
|
|
|
|
|
|
|
| September 2023 |
|
88,472 |
12,436 |
100,908 |
112,19416,058 |
|
128,252 |
| The statement of financial activities includes all gains and losses recognised in the year. |
|
|
|
|
|
|
|
| All income and expenditure derive from continuing activities. |
|
|
|
|
|
|
|
|
2023 |
2022 |
| Notes |
|
|
| Fixed assets |
|
|
| Tangible assets10 |
48,787 |
58,048 |
| Current assets |
|
|
| Debtors11 |
7,476 |
4,901 |
| Cash at bank and in hand |
61,631 |
88,254 |
|
69,107 |
93,155 |
| Creditors: amounts falling due within |
|
|
| one year12 |
(16,986) |
(22,951) |
| Net current assets |
52,121 |
70,204 |
| Total assets less current liabilities |
100,908 |
128,252 |
| Income funds |
|
|
| Restricted funds14 |
12,436 |
16,058 |
| Unrestricted funds |
88,472 |
112,194 |
|
100,908 |
128,252 |
| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act |
|
|
| 2006, for the year ended 30 September 2023. |
|
|
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 |
|
|
| with respect to accounting records and the preparation of financial statements. |
|
|
| 3 |
Voluntary income |
|
|
|
|
Unrestricted Unrestricted |
|
|
|
fundsfunds |
|
|
|
2023 |
2022 |
|
Donations and gifts |
259 |
225 |
|
Grants receivable |
|
12,559 |
|
|
259 |
12,784 |
| 4 |
Charitable activities |
|
|
|
|
Operation of Operation of |
|
|
|
Drill Hall |
Drill Hall |
|
|
2023 |
2022 |
|
Hall income |
72,471 |
59,731 |
| 5 |
Investments |
|
|
|
|
Unrestricted Unrestricted |
|
|
|
funds |
funds |
|
|
2023 |
2022 |
|
Interest receivable |
1,039 |
149 |
|
Operation of Operation of |
Operation of Operation of |
|
Drill Hall |
Drill Hall |
|
20232022 |
|
| Staff costs |
12,544 |
12,331 |
| Depreciation and impairment |
9,257 |
9,418 |
| Advertising and marketing |
844 |
- |
| Premises costs |
58,154 |
40,876 |
| Insurance costs |
894 |
1,136 |
| Office costs |
3,895 |
2,120 |
| Computer costs |
1,371 |
- |
| Licences |
1,535 |
2,881 |
| General expenses |
982 |
205 |
| Legal and professional costs |
8,789 |
20,996 |
| Governance costs |
2,760 |
4,800 |
| Bank charges and other finance costs |
88 |
118 |
|
101,113 |
94,881 |
| Analysis by fund |
|
|
| Unrestricted funds |
97,491 |
91,259 |
| Restricted funds |
3,622 |
3,622 |
|
101,113 |
94,881 |
| Premises costs |
|
|
| Repairs, replacements and maintenance |
8,112 |
18,786 |
| Utilities |
26,231 |
10,690 |
| Refuse collection |
1,571 |
1,164 |
| Insurance |
1,931 |
469 |
| Cleaning and materials |
1,140 |
3,099 |
| Caretaker fees |
19,169 |
6,668 |
|
58,154 |
40,876 |
| The average monthly number of employees during the year was: |
|
|
|
2023 |
2022 |
|
Number |
Number |
| Caretaker |
1 |
1 |
| Directors/Trustees |
7 |
8 |
| Total |
8 |
9 |
| Employment costs |
2023 |
2022 |
| Wages and salaries |
11,850 |
12,194 |
| Social security costs |
694 |
|
| Other pension costs |
|
137 |
|
12,544 |
12,331 |
| angible fixed assets |
|
|
|
|
|
Leasehold |
Plant and |
Fixtures and |
Total |
|
improvements |
equipment |
fittings |
|
| Cost |
|
|
|
|
| At 1 October 2022 |
90,793 |
28,740 |
100,331 |
219,864 |
| At 30 September 2023 |
90,793 |
28,740 |
100,331 |
219,864 |
| Depreciation and impairment |
|
|
|
|
| At 1 October 2022 |
77,030 |
27,343 |
57,447 |
161,820 |
| Depreciation charged in the year |
1,059 |
623 |
7,575 |
9,257 |
| At 30 September 2023 |
78,089 |
27,966 |
65,022 |
171,077 |
| Carrying amount |
|
|
|
|
| At 30 September 2023 |
12,704 |
774 |
35,309 |
48,787 |
| At 30 September 2022 |
13,763 |
1,397 |
42,888 |
58,048 |
| 11 |
Debtors |
|
|
|
|
|
|
20232022 |
|
|
Amounts falling due within one year: |
|
|
|
|
Trade debtors |
|
6,9323,103 |
|
|
Other debtors70 |
|
|
|
|
Prepayments and accrued income |
|
4741,798 |
|
|
|
|
7,476 |
4,901 |
| 12 |
Creditors: amounts falling due within one year |
|
|
|
|
|
|
2023 |
2022 |
|
|
Notes |
|
|
|
Deferred income |
13 |
6,387 |
1,378 |
|
Trade creditors |
|
1,224 |
3,465 |
|
Other creditors |
|
1,007 |
144 |
|
Accruals |
|
8,368 |
17,964 |
|
|
|
16,986 |
22,951 |
| 13 |
Deferred income |
|
|
|
|
|
|
20232022 |
|
|
Other deferred income |
|
6,3871,378 |
|
|
Deferred income is included in the financial statements as follows: |
|
|
|
|
|
|
2023 |
2022 |
|
Deferred income is included within: |
|
|
|
|
Current liabilities |
|
6,387 |
1,378 |
|
Movements in the year: |
|
|
|
|
Deferred income at 1 October 2022 |
|
1,378 |
8,119 |
|
Released from previous periods
Resources deferred in the year |
|
6,387
(1,378) |
1,378
(8,119) |
|
Deferred income at 30 September 2023 |
|
6,387 |
1,378 |
|
Balance at |
Resources |
Balance at |
Resources |
Resources |
Balance at |
| 1 |
October 2021 |
expendech |
October 2022 |
expended |
|
30 September |
|
|
|
|
|
|
2023 |
| Curtains Fund |
217 |
(100) |
117 |
|
(100) |
17 |
| Staging Fund |
7,380 |
(1,772) |
5,608 |
|
(1,772) |
3,836 |
| Fire Alarm Fund |
4,583 |
(1,000) |
3,583 |
|
(1,000) |
2,583 |
| Auditory Experience Fund |
7,500 |
(750) |
6,750 |
|
(750) |
6,000 |
|
19,680 |
(3,622) |
16,058 |
|
(3,622) |
12,436 |
| In 2014 the company received a grant of 1,000 towards the cost of curtains in the main |
|
|
|
|
hall. |
|
| In 2015 the company received a grant of 10,000 from the National Lottery towards the cost of new staging. In |
|
|
|
|
|
|
| 2016 a further 7,716 was received and the asset was capitalised. |
|
|
|
|
|
|
|
In 2015 the company received a grant of |
In 2015 the company received a grant of |
10,000 towards the cost of a new fire alarm system. |
10,000 towards the cost of a new fire alarm system. |
10,000 towards the cost of a new fire alarm system. |
10,000 towards the cost of a new fire alarm system. |
|
|
In 2021 the company received 7,500 from the local authority towards the costs of the Auditory Experience |
|
|
|
|
|
|
|
project. |
|
|
|
|
|
|
|
Grants of a capital nature |
continue to be |
released to the unrestricted |
|
general fund in line with the depreciation |
|
|
|
policy of the asset which was capitalised |
|
and is included within the transfer between funds. |
|
|
|
|
| 15 |
Analysis of net assets between funds |
|
|
|
|
|
|
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2023 |
2023 |
2023 |
2022 |
2022 |
2022 |
|
Fund balances at 30 |
|
|
|
|
|
|
|
September 2023 are |
|
|
|
|
|
|
|
represented by: |
|
|
|
|
|
|
|
Tangible assets |
36,351 |
12,436 |
48,787 |
41,990 |
16,058 |
58,048 |
|
Current assets/(liabilities) |
52,121 |
- |
52,121 |
70,204 |
- |
70,204 |
|
|
88,472 |
12,436 |
100,908 |
112,194 |
16,058 |
128,252 |