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2022-03-31-accounts

My name’s Clare and for the past year I’ve been the chair of the Cuckoo’s Nest.

To say we’ve had a busy year is a bit of an understatement. Both of our shops continue to do well and as always, we are extremely grateful for your continued support, and to all of our dedicated volunteers who always work extremely hard but this year they really have gone the extra mile for us. It hasn’t always been easy with all the building work and the closing and reopening of the shops.

This brings me on to the work we’ve been doing in both the flat & shop. An enormous amount of building work has already taken place in the flat and in the shop. Including a full re-wire of both the shop and flat, replacing all doors in the flat with fire doors and replacing the ceiling between the shop and flat with a fire-retardant ceiling to bring them up to date with the new regulations, these are just a few of the things which have been done.

We did try our best to keep the shops open whilst the majority of the building work was taking place.

Obviously, it was necessary to close for a short period whilst the ceilings were being replaced and the shopfloor was being rewired.

We decided to take advantage of the shop being empty and have new flooring fitted and give the shop a fresh coat of paint.

Unfortunately, we are not yet in a position to rent the flat out. No one could be more disappointed about this than me.

We were hoping that we could offer it for rent by April however we suffered a setback when we had the bad weather and storms. Rain started coming in through the walls/roof of both the flat and the shop. We’ve had no choice but to pause the work in the flat for now until we can solve this problem.

We have roofer due to start work in September. This is not a small task, and it will involve us having scaffolding around the shop once again.

It has been 21years since The Cuckoos’ Nest opened its doors for the first time. This is such a significant achievement for everyone involved throughout the years that we cannot let this go unmarked. We are planning a series of different events & new things throughout the year some of which are-

We are about to launch a brand-new website with a new logo thanks to the winner of our logo competition. (Winner to be announced at the end)

With the help of the WI we are organising a fashion show which will take place in September. We are still looking for models

We are also planning on selling our own Christmas cards featuring phots/pictures of Marsden. We will be asking you to send in photos very soon.

We are also hoping to start our very Marsden Santa Dash And not to forget our 21[st] Birthday event on the 3[rd of] September.

It is our hope that we can get to 21 new things within 12 months, but we could be stretching ourselves a little, but we do like a challenge!

I’m now going to hand you over to Helen/Aine to deliver our treasurers report.

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

THE CUCKOO'S NEST

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

THE CUCKOO'S NEST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
General Information 1
Accountants' Report and Client Approval Certificate 2
Detailed Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5

THE CUCKOO'S NEST

GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2022

ADDRESS:

ACCOUNTANTS:

38/40A Peel Street Marsden Huddersfield HD7 6BW

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

Page 1

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

ACCOUNTANTS' REPORT TO

THE CUCKOO'S NEST

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of The Cuckoo's Nest and from information and explanations supplied to us.

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

23 November 2022

CLIENT APPROVAL CERTIFICATE

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.

23 November 2022

Page 2

THE CUCKOO'S NEST

DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

Income
Sales
Donations
Other income
Government grants
Deposit account interest
Expenditure
Rent
Rates and water
Insurance
Light and heat
Telephone and postage
Tickets, labels & stationery
Repairs and renewals
Property fees
Household and cleaning
Licences & subscriptions
Sundry expenses
Volunteer expenses
Accountancy
Donations
Finance costs
Bank charges
Depreciation
Fixtures and fittings
Computer equipment
NET PROFIT
2022
£
58,275
1,357
2,667
2
10,443
183
1,739
905
609
314
6,439
-
945
103
609
563
120
1,000
9
3
£
59,632
2,669
62,301
23,972
38,329
392
37,937
12
37,925
2021
£
23,827
700
29,431
13
10,885
212
1,083
813
557
644
8,710
1,303
750
158
434
545
120
-
12
3
£
24,527
29,444
53,971
26,214
27,757
106
27,651
15
27,636

Page 3

THE CUCKOO'S NEST

BALANCE SHEET 31 MARCH 2022

Notes
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Intercompany account
Bank deposit account
Bank account
Cash in hand
CURRENT LIABILITIES
Accrued expenses
NET ASSETS
FINANCED BY
CAPITAL ACCOUNT
2
2022
£
75,367
16,484
25,643
90
117,584
241
£
34
117,343
117,377
117,377
2021
£
55,012
14,412
18,723
90
88,237
361
£
46
87,876
87,922
87,922

Page 4

THE CUCKOO'S NEST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. TANGIBLE FIXED ASSETS

1.
TANGIBLE FIXED ASSETS
COST
At 1 April 2021
and 31 March 2022
DEPRECIATION
At 1 April 2021
Charge for year
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021
2.
CAPITAL ACCOUNT
Brought forward
Add
Net profit
Less
Grants
2022
£
87,922
37,925
125,847
8,470
Fixtures
and
fittings
£
3,175
3,139
9
3,148
27
36
£
117,377
117,377
Computer
equipment
£
3,015
3,005
3
3,008
7
10
2021
£
68,276
27,636
95,912
7,990
Totals
£
6,190
6,144
12
6,156
34
46
£
87,922
87,922

Page 5

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

THE CUCKOO'S NEST

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

THE CUCKOO'S NEST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Page
General Information 1
Accountants' Report and Client Approval Certificate 2
Detailed Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5

THE CUCKOO'S NEST

GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2022

ADDRESS:

ACCOUNTANTS:

38/40A Peel Street Marsden Huddersfield HD7 6BW

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

Page 1

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

ACCOUNTANTS' REPORT TO

THE CUCKOO'S NEST

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of The Cuckoo's Nest and from information and explanations supplied to us.

Jane Cooksey Limited FCCA 15/16 Boarshurst Bus. Park, Boarshurst Lane, Greenfield Oldham Lancashire OL3 7ER

23 November 2022

CLIENT APPROVAL CERTIFICATE

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.

23 November 2022

Page 2

THE CUCKOO'S NEST

DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

Income
Sales
Donations
Other income
Government grants
Deposit account interest
Expenditure
Rent
Rates and water
Insurance
Light and heat
Telephone and postage
Tickets, labels & stationery
Repairs and renewals
Property fees
Household and cleaning
Licences & subscriptions
Sundry expenses
Volunteer expenses
Accountancy
Donations
Finance costs
Bank charges
Depreciation
Fixtures and fittings
Computer equipment
NET PROFIT
2022
£
58,275
1,357
2,667
2
10,443
183
1,739
905
609
314
6,439
-
945
103
609
563
120
1,000
9
3
£
59,632
2,669
62,301
23,972
38,329
392
37,937
12
37,925
2021
£
23,827
700
29,431
13
10,885
212
1,083
813
557
644
8,710
1,303
750
158
434
545
120
-
12
3
£
24,527
29,444
53,971
26,214
27,757
106
27,651
15
27,636

Page 3

THE CUCKOO'S NEST

BALANCE SHEET 31 MARCH 2022

Notes
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Intercompany account
Bank deposit account
Bank account
Cash in hand
CURRENT LIABILITIES
Accrued expenses
NET ASSETS
FINANCED BY
CAPITAL ACCOUNT
2
2022
£
75,367
16,484
25,643
90
117,584
241
£
34
117,343
117,377
117,377
2021
£
55,012
14,412
18,723
90
88,237
361
£
46
87,876
87,922
87,922

Page 4

THE CUCKOO'S NEST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. TANGIBLE FIXED ASSETS

1.
TANGIBLE FIXED ASSETS
COST
At 1 April 2021
and 31 March 2022
DEPRECIATION
At 1 April 2021
Charge for year
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 March 2021
2.
CAPITAL ACCOUNT
Brought forward
Add
Net profit
Less
Grants
2022
£
87,922
37,925
125,847
8,470
Fixtures
and
fittings
£
3,175
3,139
9
3,148
27
36
£
117,377
117,377
Computer
equipment
£
3,015
3,005
3
3,008
7
10
2021
£
68,276
27,636
95,912
7,990
Totals
£
6,190
6,144
12
6,156
34
46
£
87,922
87,922

Page 5