## **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 2024** **EOCG (Eastern Oswestry Community Group)** **Notes forming part of the financial statement for the year ended 31[st] October 2024** ## **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** (2024 values in parentheses) Interest on cash deposits Nil (Nil) **Voluntary income** (2024 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** (2024 values in parentheses) Salaries £ 28732 (£28117) Social Security costs Nil (Nil) |Redundancy costs

**Tangible Fixed Assets**
Freehold Property
At 31.10.23 £200247
Additions 2023 £0
_________________
£200247
_________________
Depreciation charge £8346
for 2024
__________________
Net book value £191901
As at 31.10.24 ____________________
**Debtors**(2024 values in parentheses)
Prepayments and other debtors
**Creditors**(2024 values in parentheses)
Amounts falling due within 1 year|Nil
(nil)

£ 28732 (£28117)
Furniture & equipment Total
£2692 £202939
£240 £240
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£2932
£203179
__________________________________________
£250 £8596
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£2682 £194643
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£0 (£0)
£0 (£0)| |---|---| (EOCG) EASTERN OSWESTRY COMMUNITY GROUP ## **BALANCE SHEET AS AT 31[ST] OCTOBER 2024** Unrestricted Restricted Total Total ||Funds Funds|2024 2023| |---|---|---| |**Fixed Assets**||| |Tangible assets|0 £191901|£191901 £195323| |**Current Assets**||| |Cash in bank|£19396£20|£19416 £15259| |Debtors|0 -|0 0| ||**___________________________________________________**|| |Totals|£19396 £191921|£211317 £210582| ||**___________________________________________________**|| |Creditors
|0 0
|**0** **0**| ||____________________________________________________|| |Net current assets|£19396 £20|£19416 £15259| ||___________________________________________________|| ||**____________________________________________________**|| |**Total net assets**|**£19396 £191921**|**£211317 £210582**| ||**____________________________________________________**|| |**Funds of the charity**||| |Guarantee reserve|- 20|20 20| |Restricted funds|- 191901|£191901 195323| |Unrestricted funds|£19396 -|19396| |**Total Funds**|**£19396 £191921**|**£191921 £210582**| (EOCG) EASTERN OSWESTRY COMMUNITY GROUP ## **STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31[ST] OCTOBER 2024** Unrestricted Restricted Total Total ||Funds|Funds
|2024 2023| |---|---|---|---| |Incoming|||| |Resources|||| |Investment
|0|0|0 0| |Generated Funds|66367|0|66367 66585| |Voluntary Income|0|0|0 0| |Other|0|0|66367 10950| |**Totals**|**66367**|**0**|**66367 77535**| |Resources|||| |Expended|||| |Fundraising costs
|240|69980|70220 11795| |Depreciation|-|-
|- -| |**Totals**|**240**|**69980**|**70220 11795**| |Net Incoming|66127|(-69980)|-3853 55635| |Funds brought forward|19396|20|19416 15127| |**Total Carried forward**|**85523**|**-70000**|**15523 40548**| **EOCG (Eastern Oswestry Community Group)** Company limited by guarantee ## **Balance Sheet as at 31[st] October 2024** 2024 2023 £ £ ## **Fixed Assets** Tangible assets 191901 194643 **Current Assets** Debtors 0 0 Cash in hand/bank 15543 19551 ____ _____ 207444 214194 **Creditors** Amount due within 1 year 0 0 **Net Current Assets** 15543 **19551** _____ _____ **Net Assets** 207444 214194 **Capital & Reserves** Other reserves 20 20 Profit and loss account 207464 214214 ______ ______ **Members’ funds 207464 214214** ===== ====== ## **Directors Report** 1. For the year ending 31/10/2024 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 .. 26/07/25. . ## **EOCG (Eastern Oswestry Community Group)** Company limited by guarantee ## **Notes to the abbreviated financial statement for year ended 31[st] October 2024** ## **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 2023|72578| |Additions|nil| |At 31stOctober 2024|**69980**| ||______| |Depreciation|| |At 1stNovember 2023|8596| |Charge for year|| |At 31stOctober 2024|8596| ||______| |**Net Book Values**|| |At 31stOctober 2023|195323| |At 31stOctober 2024|191901| ||=====| |**Company limited by guarantee**|| |Issued and fully paid guarantee|£20| ||===|