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2023-03-31-accounts

s
in
facilitation,
fund holding and pr
ovision for.
Millpool Centre
The Looe Christmas
Festive Lights
The Wheeled Sports Facility (Skateboard Park) at Looe (Planning)
Enterprise
House
Loos Coastal Communities Team
Looe Valley Cycle Trails & Moor to Sea Project
Smugglers
Way
~ Looe Corona Virus Support
Looe Defibrillator
Appeal

2023 2022
Unrestricted Restricted
Funds Funds Total Total
Notes F. 8 8
INCOMING RESOURCES
Millpool Centre 4 28,683 28,683 35,349
Enterprise
House
5 9,546 9,546 9,731
LDT Funds Donations
received
LDT Membership
fees
14 14
LDT Gift aid 1,772 1,772
LDT Administration
receipts
840 840 869
Bank interest received 144 144 19
40,999 40,999 45,984
Projects
Moor toSea 22,372 22,372
Defibrillatora 13,682 13,682 8,352
Looe Skate Park 55 55 3
Looe Community Players 1,594 1,594
Looe Community Cupboard 1,875 1,875 20
Looe Hardship
Fund
3,766
Secret Santa 446
Winter Warming Fund 1,500
Looe Community Meals 5,240 5,240 9,353
Festivals
.Christmas
Lights
8 2,133 2,133 2,040
Festivals 5,240 5,240 400
52,191 52,191 25,880
Total incoming
resources
40,999 52,191 93,190 71,864
Total resources expended (next page) (36,530) (60,313) (96,843) (62,604)
NET MOVEMENT
IN FUNDS
4,469 (8,122) (3,653) 9,260
Funds balance brought
forward
101,016 88,929 189,945 180,685
Transfer (Note 15) 43,953 43,953
Funds balance carried forward 149,438 . 80,807 230,245 189,945

2023 2022
Unrestricted Restricted
Notes Funds
9
Funds Total
f
Total
E
RESOURCES EXPENDED
Millpool Centre
Enterprise
House
LDT Funds Donations made
4
5
6
34,891
.1,109
120
34,891
1,109
120
33,326
1,195
25
LDTSupport costs
Administrative
expenses
147 147 14
Professional fees 263 263 263
36,530 36,530 34,823
Projects Moor toSea 28,975 28,975 3,740
Delibrillators 2,112 2,112 610
Looe Skate Park 1,920 1,920
Looe Community Players 1,428 1,428
Sue Norman 217
Winter Warming Fund 1,500
Looe Community Cupboard 2,871 2,871
Looe Hardship
Secret Santa
Fund 4,581
521
4,581
521
3,139
308
Looe Community Meals 10,699 10,699 16,713
HMS Looe 292
Festivals Chrisbnas
Lights
8 2,908 2,908 1,262
Festivals 4,298 4,298
60,313 60,313 27,781
Total resources expended 36,530 60,313 96,843 62,604
LODE DEVELOPMENT LODE DEVELOPMENT LODE DEVELOPMENT LODE DEVELOPMENT TRUST
BALANCE SHEET
AS AT31STMARCH 2023
Notes f 2022
2
~2022f Restated f
FIXEDASSETS:
Investment
property
10 75,000
Tangible assets 11 472,000 558,800
CURRENT ASSETS:
Stock 557 838
Debtors and accrued income 12 3,754 887
Cash at bank and in hand 152,134 158,463
156,445 160,188
CREDITORS:
Amounts
falling due
within one year 13 (1,200) (1,290)
NET CURRENT ASSETS 155,245 158,898
NETASSETS 702,245 717,698
RESERVES:
Restricted income funds 80,807 88,929
Unrestricted
income funds
- Designated
funds
14 75,324 54,182
- General funds 14 74,114 46,834
Deferred grant income 15 149,438
472,000
101,016
527,753
702,245 717,698

INILLPOOL CENTRE:
2023 2022
6
E
6
Hire of hall income
BarSales
26,008
2,675
18,835
2,367
Covid grants 14,147
28,683 35,349
Expenditure:
Staff costs &volunteer expenses 19,263 18,673
Depreciation 11,800 11,800
Deferred grant income (11,800) (11,800)
Property maintenance 2,985 4,160
Cost ofbar sales 976 805
Utilities 5,126 3,635
Insurance 2,198 2,040
Cleaning 1,630 2,004
Administrative
expenses
563 223
Accountancy fees 1,133 1,014
Licences 513 506
Computer expenses 430 156
Publicity and meetings
Ground rent
24
50'
60
50
(34,891) (33,326)
(6,208) 2,023

FIXEDASSETS:TANGI BLE ASSET S:RESTATED
Leasehold Fixtures, fittings Computer
COST: Property
f
8 equipment
f
equipment
8
Totalf
At 1stApril 2022
Reclassification
Disposals
665,000
(75,000)
59,866 46,696
(46,696)
771,562
(75,000)
(46,696)
At 31stMarch 2023 590,000 59,866 649,886
DEPRECIATION:
At 1"April 2022
Prior year adjustment
106,200 59,866 108,562
106,200
1st April 2022 as restated
Depreciation
Disposals
106,200
11,800
59,866 46,696
(46,696)
212,762
11,800
(46,696)
At 31st March 2023 11'8,000 59,866 177,866
NET BOOK VALUES:
At 31st March 2023 472,000 472,000
At 31st March 2022 558,800 558,800

12. DEBTORS: 2023
8
2022f
Debtors 815 85
Gift aid 3,139 802
3,754 887
13. CREDITORS:
Amounts
falling due within one year:
2023
E
2022f
Trade creditors 91
Accruals 1,200 1,199
1,200 1,290

14. RECONCILIATION OF MOVEMENT
IN FUNDS:
OF MOVEMENT
IN FUNDS:
OF MOVEMENT
IN FUNDS:
Restricted Funds Opening
balance
Incoming
resources
Resources
expended
8
Transfers
8
Closing
balance
8
~Pro ects
Moor toSea
39,170
Defibrillators
10,053
Looe Skate Park
9,863
Looe Community
Players
1,946
Max Evans
1,318
Coastal Team
226
Tea Dance
312
Looe Community
Cupboard 996
Looe Hardship
Fund
4,581
Secret Santa
521
Looe Community
Meals
6,060
Festivals
22,372
13,682
55
1,594
1,875
5,240
(28,975)
(2,112)
(1,920)
(1,428)
(2,871)
(4,581)
(521)
(10,699)
32,567
21,623
7,998
2,112
1,318
226
312
601
Christmas
Lights
Festivals
5,483
8,400
2,133
5,240
(2,908)
(4,298)
4,708
9,342
88,929 52,191 (60.313) 80,807
Designated
Funds
~Pro'ects
Forum newsletter
Millpool Centre Events
324
2,163
(2,163) 324
Enterprise
House
Millpool Centre
2,487
108,644
(56,949)
9,546
28,683
(1,109)
(34,891)
(2,163)
(42,081)
63,157
324
75,000
54,182 38,229 (36,000) 18,913 75,324
LDT General
Fund
46,834 2,770 (530) 25,040 74,114
101,016 40,999 (36,530) 43,953 149,438
Restricted Funds 88,929 52,191 (60,313) 80,807
Designated
Funds
101,016 40,999 (36,530) 43,953 149,438
189,945 93,190 (96,843) 43,953 230,245

Total
F.
At 1stApdl 2022 633,953
Prior year adjustment (106,200)
As at 1"April 2022 restated 527,753
Reclassification
of
reserves associated with computer equipment (43,953)
Release to income in year (11,800)
At 31stMarch 2023 472,000