OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Page Page
Report ofthe Trustees 1 to 2
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet 5 to 6
Notes to the Financial Statements 7 to 12
Detailed Statement ofFinancial Activities

31.3.22 31.3.21
Unrestricted Restricted Total Total
fUnd fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable
activities
Building preservation
284,899 284,899 80,303
Other income 5,983 5,983 '5,013
Total 5,983 284,899 290,882 85,316
EXPENDITURE ON
Charitable
activities
Building preservation
5,374 5,374 5,465
Other 7,253 7,253 1,842
Total 5,374 7,253 12,627 7,307
NET INCOME 609 277,646 278,255 78,009
RECONCILIATION
OF FUNDS
Total funds brought
forward
5,732 1,223,074 1,228,806 1,150,797
TOTAL FUNDS CARRIED FORWARD 6,341 1,500,720 1,507,061 1,228,806

31.3.22 31.3.21
Unrestricted Restricted Total Total
fund fund funds funds
Notes
FIXEDASSETS
Tangible assets
1,561,046 1,561,046 1,224,360
CURRENT ASSETS
Debtors
Cash at bank
5,103
1,238
269,665 274,768
1,238
41,694
89,000
6,341 269,665 276,006 130,694
CREDITORS
Amounts
falling due within one year
(129,991) (129,991) (6,248)
NET CURRENT ASSETS 6,341 139,674 146,015 124,446
TOTAL ASSETS LESSCURRENT
LIABILITIES
6,341 1,700,720 1,707,061 1,348,806
CREDITORS
Amounts
falling due after more than one year
8 (200,000) (200,000) (120,000)
NET ASSETS 6,341 1,500,720 1,507,061 1,228,806
FUNDS
Unrestricted
funds
Restricted funds
10 6,341
1 500 720
5,732
1,223,074
TOTAL FUNDS 1,507,061 1,228,806

There were no trustees'
expenses paid for the year ended 31March 2022 nor for the
There were no trustees'
expenses paid for the year ended 31March 2022 nor for the
There were no trustees'
expenses paid for the year ended 31March 2022 nor for the
There were no trustees'
expenses paid for the year ended 31March 2022 nor for the
year ended 31 arch .
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted Total
fund fund funds
INCOME AND ENDOWMENTS FROM
Charitable
activities
Building preservation
80,303 80,303
Other income 5,013 5,013
Total 5,013 80,303 85,316
EXPENDITURE ON
Charitable
activities
Building preservation
4,445 1,020 5,465
Other 1,842 1,842
Total 4,445 2,862 7,307
NET INCOME 568 77,441 78,009
RECONCILIATION
OF FUNDS
Total funds brought
forward
5,164 1,145,633 1,150,797
TOTAL FUNDS CARI%ED FORWARD 5,732 1,223,074 1,228,806

5. TANGIBLE FIXED ASSETS Fixtures Fixtures
Freehold alld Computer
property fittings equipment Totals
COST
At 1 April 2021
Additions
1,224, 134
336,912
28,015 646 1,252,795
336,912
At 31March 2022 1,561,046 28,015 646 1,589,707
DEPRECIATION
At 1 April 2021
Charge for year
27,949
66
486
160
28,435
226
At 31 March 2022 28,015 28,661
NKT BOOK VALUE
At 31March 2022
1,561,046 1,561,046
At 31March 2021 1,224, 134 66 160 1,224,360
6. DEBTORS: AMOUNTS FALLING DUK WITHIN ONK YEAR 31.3.22 31.3.21
Other debtors 274,768 41,694
7. CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR 31.3.22 31.3.21
Other creditors
Accrued expenses
129,666
325
5,948
300
129,991 6,248
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK YEAR
31.3.22
31.3.21
Bank loans (see note 9) 200,000 120,000
9. LOANS
An analysis ofthe maturity ofloans is given below:
31.3.22 31.3.21
Amounts
falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
200,000 120,000

MOVEMENT IN FUNDS
Net
movement At
At 1.4.21 ln funcls 31.3.22
Unrestricted
funds
General fund
5,732 609 6,341
Restricted
funds
Restricted
1,223,074 277,646 1,500,720
TOTAL FUNDS 1,228,806 278,255 1,507,061
Net movement
in funds, included
in the above are as follows:
Incoming Resources Movement
resources expended nl funcls
Unrestricted
funds
General fund
5,983 (5,374) 609
Restricted
funds
Restricted
284,899 (7,253) 277,646
TOTAL FUNDS 290,882 (12,627) 278,255
Comparatives
for movement
in funds
Net
movement At
At 1.4.20 in funds 31.3.21
Unrestricted
funds
General fund
5,164 568 5,732
Restricted
funds
Restricted
1,145,633 77,441 1,223,074
TOTAL FUNDS 1,150,797 78,009 1,228,806

Comparative net movement
in funds, include
d
in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 5,013 (4,445) 568
Restricted
Restricted
funds 80,303 (2,862) 77,441
TOTALF NDS 85,316 (7,307) 78,009
A current ye ar 12months
and prior year 12
months
combined position is as follow
s:
Net
movement At
At 1.4.20 in funds 31.3.22
Unrestricted funds
General fund 5,164 1,177 6,341
Restricted funds
Restricted 1,145,633 355,087 1,500,720
TOTAL FUNDS 1,150,797 356,264 1,507,061
A current year 12 months
and prior year 12
as follows:
months
combined
net movement
in f
unds, included
i
n the above
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General fund
10,996 (9,819) 1,177
Restricted funds
Restricted
365,202 (10,115) 355,087
TOTAL FUNDS 376,198 (19,934) 356,264

Detailed Statement ofFinancial Activities
for the Year Ended 31March 2022
31.3.22 31.3.21
INCOME AND ENDOWMENTS
Charitable
activities
Ceredigion CC towards MH Project 198,462 65,633
Rural Development Grant 8,119 14,670
Transforming
Towns Grant
78,318
284,899 80,303
Other income
Rent 5,970 5,000
Miscellaneous income 13 13
5,983 5,013
Total incoming resources 290,882 85,316
EXPENDITURE
Charitable
activities
Sundries 13
Administration 165
Rents payable 4,970 4,000
Fixtures and fittings 66 1,000
5,049 5,165
Other
Computer
equipment
160 162
Bank loan interest 7,093 1,680
7,253 1,842
Support costs
Governance costs
Accountancy fees 325 300
Total resources expended 12,627 7,307
Net income 278,255 78,009