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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet|6|to|7|
|Notes to the Financial Statements|8|to|14|
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||||2023|2022|
|---|---|---|---|---|
||||Unrestricted|Total|
|||Notes|funds|fundsf|
|INCOME AND ENDOWMENTS FROM|||||
|Donations
and legacies|||5,492|16,339|
|Charitable
activities|||||
|Operation ofcommunity|centre||70,740|51,036|
|Investment
income|||1,281|839|
|Other income|||12,552|11,764|
|Total|||90,065|79,978|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Operation ofcommunity|centre||73,711|67,143|
|Other|||2,878|1,511|
|Total|||76,589|68,654|
|NET INCOME|||13,476|11,324|
|RECONCILIATION|OFFUNDS||||
|Total funds brought
forward|||106,120|94,796|
|TOTAL FUNDS CARRIED FORWARD|||119,596|106,120|
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||funds|funds|
|||||Notes||8|
|FIXEDASSETS|||||||
|Tangible assets||||10|9497|12,061|
|CURRENT ASSETS|||||||
|Stocks||||11|1@37|1,304|
|Debtors||||12|1,807|2,763|
|Investments||||13|65,426|45,566|
|Cash at bank and in hand|||||51,636|49,005|
||||||120/06|98,638|
|CREDITORS|||||||
|Amounts
falling|due within one year|||14|(10,007)|(4,579)|
|NKT CURRENT ASSETS|||||110,199|94,059|
|TOTAL ASSETSLESS||CURRENT|||||
|LIABILITIES|||||1195596|106,120|
|NET ASSETS|||||119,596|106,120|
|FUNDS||||16|||
|Unrestricted
funds|||||119,596|106,120|
|TOTAL FUNDS|||||119,596|106,120|
|The charitable|company|is entitled|to exemption|&om audit under Section 477 ofthe Companies
Act 2006||for the
year|
|ended 31March|2023.||||||
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|Leasehold||10%on|cost|
|---|---|---|---|
|Maisonette||20%on|cost|
|Equipment||20%on|cost|
|Furniture||20%on|cost|
|Maisonette|Equipment|20%on|cost|
|Computer|equipment|33%on|cost|
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|.|INVESTMENT INCOM|E||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Deposit account interest|||||1)281|839|
|3.|INCOME FROM CHARITABLE ACTIVITIES|||||||
|||||||2023|2022|
||||Activity|||||
||Goods for resale||Operation ofcommunity|centre||9,637|9,365|
||Other sales (website printing)
Events||Operation ofcommunity
Operation ofcommunity|centre
centre||1,232
3,970|927
1,539|
||Computer
and cafd takings||Opemtion ofcommunity|centre||16,863|12,832|
||Course fees and adult|||||||
||education||Operation ofcommunity|centre||36,314|25,669|
||Hire charges and other billing||Operation ofcommunity|centre||1,643|704|
||Children's
activities||Operation ofcommunity|centre||1,081||
|||||||70,740|51,036|
|4.|OTHER INCOME|||||||
|||||||2023|2022|
||Rental income|||||12,552|11)764|
|5.|CHARITABLE ACTIVITIES COSTS|||||||
||||||Direct|||
||||||Costs (see|Support||
||||||note 6)|costs|Totals|
||Operation ofcommunity|centre|||73)111|600|73)711|
|6.|DIRECT COSTSOFCHARITABLE ACTIVITIES|||||||
|||||||2023|2022|
||Staffcosts|||||12,018|10,721|
||Rent and rates|||||4,438|4,186|
||Insurance|||||1,251|1,127|
||Utilities and cleaning|||||3)929|2,855|
||Management
costs
Card charges, Zettle and|Xero||||1,367
1,417|2,438
517|
||Advertising
and marketing|||||2,593|2,634|
||Sundries|||||1,541|813|
||Cost ofgoods for resale|||||6,137|5,785|
||Tuition fees and other course expenses|||||22,540|16,129|
||Cafd consumables|||||5,298|4,970|
||Computer
costs|||||2,089|2,990|
||Property maintenance|||||4,047|5,072|
||Carried forward|||||68,665|60,237|
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|6.|DIRECT COSTSOF C|HARITABLE ACTIVITIES - continued|||
|---|---|---|---|---|
||||2023|2022|
||||g||
||Brought forward||68,665|60,237|
||Social events||767|588|
||Children's
activities||200||
||Depreciation||3,479|5,448|
||Loss on sale ofassets|||286|
||||73,111|66,559|
|7,|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated after charging/(crediting):|||
||||2023|2022|
||||8||
||Depreciation - owned assets||3,479|5,448|
||Deficit on disposal offixed assets|||286|
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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||Leasehold|Maisonette|Equipment|
|||||I|
|COST|||||
|At
1 April 2022||54,445|13,527|8,266|
|Additions||||140|
|Dispo sais|||||
|At 31 March 2023||54,445|13,527|8,406|
|DEPRECIATION|||||
|At 1 April 2022||46,650|13,523|6,378|
|Charge for year||1,506|3|755|
|Eliminated
on disposal|||||
|At 31 March 2023||48,156|13,526|7,133|
|NET BOOK VALUE|||||
|At 31 March 2023||6,289|1|1,273|
|At 31 March 2022||7,795|4|l,ggg|
|||Maisonette|Computer||
||Furniture|Equipment|equipment|Totals|
|COST|||||
|At 1 April 2022|5,140|6,054|4,933|92,365|
|Additions||345|330|815|
|Disposals|||(2,813)|(2)813)|
|At 31March 2023|5,140|6,399|2,450|90,367|
|DEPRECIATION|||||
|At 1 April 2022|3,968|5,750|4,035|80,304|
|Charge for year|612|193|410|3,479|
|Eliminated
on disposal|||(2,813)|(2,813)|
|At 31March 2023|4,580|5,943|1,632|80,970|
|NET BOOK VALUE|||||
|At 31March 2023|560|456|818|9,397|
|At 31 March 2022|1,172|304|898|12,061|
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|11.|STOCKS||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Stockheld for resale||||I/37|1,304|
|12.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2023|2022|
||Trade debtors|||||34|
||Other debtors||||1,605|1,605|
||Prepayments||||202|1,124|
||||||1,807|2,763|
|13.|CURRENT ASSETINVESTMENTS||||||
||||||2023|2022|
||||||8||
||Bonds||||65,426|45,566|
|14.|CREDITORS: AMOUNTS FALLING DUE~ONE YEAR||||||
||||||2023|2022|
||Trade creditors||||438|714|
||Other creditors||||7,459|2,465|
||Accmed expenses||||2,110|1,400|
||||||10,007|4,579|
|15.|LEASING AGREEMENTS||||||
||Minimum
lease payments|under non-cancellable|operating|leases fall due as follows:|||
||2023|2022|
|---|---|---|
|Within one year|2,876|3,834|
|Between one and five years||2,876|
||2,876|6,710|
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||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.4.22|in funds|31.3.23|
|||||6|g|8|
|Unrestricted|funds||||||
|General fund||||106,120|13,476|119,596|
|TOTAL FUNDS||||106)120|13)476|119)596|
|Net movement|in funds,|included
in the above are as follows:|||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||||||6||
|Unrestricted|funds||||||
|General fund||||90)065|(76,589)|13)476|
|TOTAL FUNDS||||90,065|(76)589)|13,476|
|Comparatives|for movemeat||in funds||||
||||||Net||
||||||movement|At|
|||||At 1.4.21|in funds|31.3.22|
|Unrestricted|funds||||||
|General fund||||74,796|11,324|86,120|
|ITand other equipment||reserve|fund|5,000||5,000|
|Contingency|fund|||15,000||15,000|
|||||94,796|11,324|106,120|
|TOTAL FUNDS||||94,796|11,324|106,120|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||79,978|(68,654)|11,324|
|TOTAL FUNDS||79,978|(68,654)|11,324|
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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.21|in funds|31.3.23|
|Unrestricted|funds|||||
|General fund|||74,796|24,800|99,596|
|ITand other|equipment|reserve fund|5,000||5,000|
|Contingency|fund||15,000||15,000|
||||94,796|24,800|119,596|
|TOTAL FUNDS|||94,796|24,800|119,596|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||6||f.|
|Unrestricted|funds||||
|General fund||170,043|(145,243)|24,800|
|TOTAL FUNDS||170,043|(145,243)|24,800|
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