# **EOCG (EASTERN OSWESTRY COMMUNITY GROUP)** **Company limited by guarantee Registration Number 04542353** **Registered Charity Number 1096623** # **STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31[ST] OCTOBER 2022** **EOCG (Eastern Oswestry Community Group)** ## **Notes forming part of the financial statement for the year ended 31[st] October 2022** ## **Accounting Convention** The financial statements are prepared under the historical cost convention as modified by the inclusion of investments at market value and in accordance with the statement of Recommender Practice – Accounting and Reporting by Charities (SORP 2005) issued in March 2005, applicable UK standards the Companies Act 1985 and the Charities Regulations 2005 issued under the Charities Act 1993. ## **Investment Income** Investment income is accounted for in the period in which the charity is entitled to receipt. ## **Resources expended** Expenditure is included on an accruals basis. ## **Tangible fixed assets and depreciation** All assets costing more than £100 are capitalized. Depreciation is charged on buildings on a straight-line basis over 50 years. Furniture, equipment and motor vehicles are written off on a straight-line basis over their estimated useful life of 4 years. ## **Fund accounting** Unrestricted funds are those funds which the Trustees are free to use in accordance with the objects of the charity. Restricted funds are those funds which have been given for particular purposes. **Investment income** (2022 values in parentheses) Interest on cash deposits Nil (Nil) **Voluntary income** (2022 values in parentheses) Grants from Local Authorities / Nil (Nil) UK agencies / European Union ## **Trustee Expenses** The charity trustees were not paid or reimbursed expenses during the year and no trustee received any payment or emolument for professional or other services. |**Staff costs**(2022 values in parentheses)||| |---|---|---| |Salaries|£27448.86|(£32253.80)| |Social Security costs|Nil|(Nil)| |Redundancy costs|Nil
|(nil)
| ||£ 27448.86|(£32253.80)| |**Tangible Fixed Assets**||| |Freehold Property Furniture & equipment Total||| |At 31.10.21 £208593|£980|£209573| |Additions 2022 £0|£812|£812| |___________________________________________________________||| |£208593|£1792|
£210385| |___________________________________________________________||| |Depreciation charge £8346|£250|£8596| |for 2022||| |_____________________________________________________________||| |Net book value £200247|£1542|£201789| |As at 31.10.22 _____________________________________________________________||| |**Debtors**(2022 values in parentheses)||| |Prepayments and other debtors|£0|(£0)| |**Creditors**(2022 values in parentheses)||| |Amounts falling due within 1 year|£0|(£0)| ## (EOCG) EASTERN OSWESTRY COMMUNITY GROUP ||**BALANCE SHEET AS AT 31ST OCTOBER 2022**| |---|---| ||Unrestricted Restricted Total Total| ||Funds Funds
2022 2021| |**Fixed Assets**|| |Tangible assets|0 £201789 £201789 212308| |**Current Assets**|| |Cash in bank|£9516£20 £9536 7826| |Debtors|0 - 0 0| ||**___________________________________________________**| |Totals|£9516 £201809 £211325 £7826| ||**___________________________________________________**| |Creditors
|0 -**0** **0**| ||____________________________________________________| |Net current assets|£9516 £20 £9536 £7826| ||___________________________________________________| ||**____________________________________________________**| |**Total net assets**|**£9516 £201809 £211325 £220134**| ||**____________________________________________________**| |**Funds of the charity**|| |Guarantee reserve|- 20 20 19| |Restricted funds|- 201789 201789 211308| |Unrestricted funds|9516 - 9516 7807| |**Total Funds**|**9516 201809 211325 220134**| ## (EOCG) EASTERN OSWESTRY COMMUNITY GROUP ## **STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31[ST] OCTOBER 2022** ||Unrestricted|Restricted|Total Total| |---|---|---|---| ||Funds|Funds
|2022 2021| |Incoming|||| |Resources|||| |Investment
|0|0|0 0| |Generated Funds|49011|0|xx 66014| |Voluntary Income|0|0|0 0| |Other|2677|0|0 0| |**Totals**|**51688**|**0**|**51688 66014**| |Resources|||| |Expended|||| |Fundraising costs
|812|49713|50525 63351| |Depreciation|-|-
|- -| |**Totals**|**812**|**49713**|**50525 63351**| |Net Incoming|51688|(-49713)|1975 2913| |Funds brought forward|15239|20|15259 7826| |**Total Carried forward**|**36449**|**-49693**|**13244 10739**| ## **EOCG (Eastern Oswestry Community Group)** Company limited by guarantee ## **Balance Sheet as at 31[st] October 2022** ||2022
2021| |---|---| ||£ £| |**Fixed Assets**|| |Tangible assets|211325211328| |**Current Assets**|| |Debtors|0 0| |Cash in hand/bank|9536 7807| ||____ _____| ||9536 7807| |**Creditors**|| |Amount due within 1 year|0 0| |**Net Current Assets**|9536 **7807**| ||_____ _____| |**Net Assets**|212261 220115| |**Capital & Reserves**|| |Other reserves|20 19| |Profit and loss account|212281 212308| ||______ ______| |**Members’ funds**|**212281 204501**| ||===== ======| ## **Directors Report** 1. For the year ending 31/10/2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 2. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006 3. The director’s acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. 4. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies’ regime. Signed . . . . . . .K A Davies . . . . . . . . . . . . . . . . . . . Kerry Davies (Director) Date .. 18/07/2023. . ## **EOCG (Eastern Oswestry Community Group)** Company limited by guarantee ## **Notes to the abbreviated financial statement for year ended 31[st] October 2021** ## **Accounting Convention** The accounts are prepared under the historic cost convention and in accordance with the Financial Reporting Standard for Smaller Entities. ## **Tangible fixed assets and depreciation** Depreciation is applied at rates calculated to write off the cost less the residual value of each asset over its estimated useful life, viz. land and buildings on a straight line basis over 50years; fixtures, fittings, equipment and motor vehicles on a straight line basis over 4 years. ## **Fixed Assets** |Cost
|£| |---|---| |At 1stNovember 2021|63101| |Additions|nil| |At 31stOctober 2022|49713| ||______| |Depreciation|| |At 1stNovember 2021|8596| |Charge for year|| |At 31stOctober 202|8596| ||______| |**Net Book Values**|| |At 31stOctober 2021|212308| |At 31stOctober 2022|212281| ||=====| |**Company limited by guarantee**|| |Issued and fully paid guarantee|£20| ||===|