## **HOUSE PROJECT CENTRE LIMITED BY GUARANTEE**
## **STATEMENT OF ACCOUNTS**
**YEAR ENDED 31st MARCH 2022**
**Bradley Soni & Co.** _**Chartered Accountants**_ **365 South Coast Road Telscombe Cliffs BN10 7HA**
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE YEAR ENDED 31st MARCH 2022**
|**CONTENTS**|**Page**|
|---|---|
|Directors' and Trustees' Report|1|
|Examiners Report|2|
|Balance Sheet|3|
|Income and Expenditure Account|4|
|Notes to the Accounts|5|
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE YEAR ENDED 31st MARCH 2022 COMPANY INFORMATION**
|REGISTERED CHARITY NUMBER:|1100276|
|---|---|
|REGISTERED NUMBER:|4390140|
|DIRECTORS AND TRUSTEES:|J. de Souza|
||H. de Souza (Chairper|
||A. Pugh|
||J M R Farmiloe|
||R G Farmiloe|
||M A Rosser|
||V I Simpson|
||J E Bland|
|REGISTERED OFFICE:|168 South Coast Road|
||Peacehaven|
||East Sussex|
||BN10 8JH|
|BANKERS:|Unity Trust Bank|
||9 Brindley Place|
||Birmingham|
||B1 2HB|
|ACCOUNTANTS:|Bradley Soni & Co|
||365 South Coast Road|
||Telscombe Clifs|
||East Sussex|
||BN10 7HA|
son)
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31st MARCH 2022**
The Directors and Trustees submit their report and accounts for the year ended 31st March 2022
The company became a registered charity on 23rd October 2003.
## **PRINCIPAL ACTIVITY AND BUSINESS REVIEW**
The results for the year are shown in the attached Income and Expenditure Account.
The principal activity of the Charity in the year under review was to provide a resource centre for the Peacehaven and Telscombe area.
## **DIRECTORS AND TRUSTEES**
All the directors of the company are also the trustees of the charity and there are no other trustees.
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are required by law to prepare financial statements for each financial year which give true and fair view of the state of affairs of the charity and of its results for that period. In preparing those financial statements the trustees are required to:
a) select suitable accounting policies and apply them consistently;
- b) make judgements and estimates that are reasonable and prudent;
- c) state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
- d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the account and statement are properly presented and comply with applicable law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **APPROVAL**
This report was approved by the board of directors and trustees on …………..2022 and signed on its behalf:
………………… ………………… J M R Farmiloe A. Pugh Trustee Trustee
Page 6
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOUSE PROJECT CENTRE**
We report on the accounts of the Charity for the year ended 31st March 2022 which are set out on the following pages.
## **Respective Responsibilities of Trustees and Examiner**
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7) (b) of the Act, whether particular matters have come to our attention.
## **Basis of Independent Examiner's Report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Independent Examiner's Statement**
In connection with our examination, no matter has come to our attention:
- 1) which gives us reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to
- comply with the accounting requirements of the Act
have not been met; or
- 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Bradley Soni & Co Chartered Accountants 365 South Coast Road Telscombe Cliffs
East Sussex
BNIO 7HA
Page 2
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE Registered Number 4390140 BALANCE SHEET AS AT 31st MARCH 2022**
|||**2022**||
|---|---|---|---|
||Note|**£**|**£**|
|**FIXED ASSETS**|5||**706329**|
|**CURRENT ASSETS**||||
|Bank Balances||**250048**||
|Cash||**35**||
||||**250083**|
||||**956412**|
|**CAPITAL**||||
|Unrestricted Funds Brought forward|||**863189**|
|Surplus (Defcit) For The Year|||**93223**|
|Balance Carried forward|||**956412**|
The notes on page 5 and form part of these accounts.
Page 3
|2021||
|---|---|
|£|£|
||706967|
|156187||
|35||
||156222|
||863189|
||882162|
||(18973)|
||863189|
Page 3
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE BALANCE SHEET AS AT 31ST MARCH 2022 (cont'd) AUDIT EXEMPTION REPORT**
The Directors confirm.
For the year ending 31st March 2022 the company was entitled to exemption from aud section 477 of the Companies Act 2006 relating to small companies.
Director's responsiblities:
The members have not required the company to obtain an audit of its accounts for the in question in accordance with section 476,
The directors acknowledge their responsibilities for complying with the requirements Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provioions applicable to companies subject to small companies regime.
Approved by the Directors and Trustees on ...............................................2022 and signed on its behalf
………………………….
A Pugh Director & Trustee
The annexed Notes form part of these Financial Statements
Page 3a
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Page 3a
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2022**
|**Notes**|**2022**|2021|
|---|---|---|
||**£**|£|
|**INCOME**|||
|Donations|**2219**|1753|
|Shop Receipts|**189030**|51754|
|Voluntary Income|**191249**|53507|
|Service Charges|**-**|6185|
||**191249**|59692|
|**EXPENDITURE**|||
|Indirect Expenditure|||
|Premises|**(33238)**|(44905)|
|Administration|**(12868)**|(11167)|
|Income Less Indirect Expenditure|**145143**|3620|
|Direct Charitable Expenditure|**(51920)**|(22593)|
|**NET SURPLUS (DEFICIT) FOR THE YEAR**|**93223**|(18973)|
|**Add: Balance Brought Forward**|**863189**|882162|
|**BALANCE CARRIED FORWARD**|**956412**|863189|
There were no recognised gains or losses for 2022 or 2021 other than those included in the Income and Expenditure Account.
The notes on page 5 form part of these Accounts.
Page 4
**HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of Preparation of Accounts**
The accounts are prepared under the historical cost convention and include the results of the charity's operations which are described in the Directors' and Trustees' report and all of which are continuing.
The Charity has taken advantage of the exemption in the Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement.
## **1.2 Income**
Voluntary income and donations are accounted for as received by the Charity. Grants are recognised in full in the statement of financial activities in the year in which they are received.
## **2. Motor Vehicles**
The company has a van which has been donated by the Volunteer Bureau.
## **3. Legal Charge**
The Lloyds TSB Bank has a legal charge over the freehold property at 168 South Coast Road, Peacehaven.
## **4. Freehold Property** - The Trustees estimate the
value of Freehold Property at £750000
||**Freehold**||||
|---|---|---|---|---|
|**5. FIXED ASSETS**|**Property**|**Van**|**Computer**|**Total**|
|||**£**|**£**|**£**|
|Cost: B/fwd|487777|7194|597|495568|
|Improvement to Property|215996|-|-|215996|
||---------|-------|---------|----------|
||703773|7194|597|711564|
||---------|---------|---------|---------|
|Depreciation:|||||
|B/fwd|-|4246|351|4597|
|Provided during the year|-|589|49|638|
||---------|---------|---------|---------|
||-|4835|400|5235|
||---------|---------|----------|-----------|
|**Net book value at 31st March 2022**|703773|2359|197|706329|
||---------|----------|-----------|-----------|
|Net book value at 31st March 2021|703773|2948|246|706967|
||---------|-----------|------------|------------|
Page 5
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE DETAILED INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH 2022**
|**Notes**
**INCOME**
Voluntary Income
Donations
Shop Receipts
Service Charge
**EXPENDITURE**
**Premises**
Utilities
Telephone
Repairs
Insurance
Waste Disposal/Cleaning
**Administration**
Van and Travel Expenses
Ofice Expenses
Accountancy
Bank Charges and Interest
Depreciation: Van
Computer
Indirect Expenditure
Income Less Indirect Expenditure
**Direct Charitable Expenditure -**
Community/Projects Expenses
**NET SURPLUS (DEFICIT) FOR THE YEAR**|**2022**
**£**
**£**
**2219**
**189030**
**191249**
-
**191249**
**8547**
**2454**
**9350**
**4408**
**8479**
**33238**
**1633**
**8800**
**780**
**1017**
**589**
**49**
**12868**
**46106**
**145143**
**51920**
**93223**|2021
£
£
1753
51754
53507
6185
59692
7179
1817
26829
4204
4876
44905
2707
6407
780
476
736
61
11167
56072
3620
22593
(18973)|2021
£
£
1753
51754
53507
6185
59692
7179
1817
26829
4204
4876
44905
2707
6407
780
476
736
61
11167
56072
3620
22593
(18973)|
|---|---|---|---|
||**8547**
**2454**
**9350**
**4408**
**8479**|7179
1817
26829
4204
4876||
||||59692
56072|
||**33238**|44905||
||**1633**
**8800**
**780**
**1017**
**589**
**49**|2707
6407
780
476
736
61||
||**12868**|11167||
|||||
||||3620
22593|
||||(18973)|
Page 6