| Page | |||||
|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | ||
| Independent examiner's report |
to the | trustees | |||
| Statement of financial activities |
(including | income and expenditure | |||
| account) | |||||
| Statement offinancial position |
|||||
| Notes to the financial statements | |||||
| The following pages do not form part |
ofthe financial | statements | |||
| Detailed statement of financial |
activities | 20 | |||
| Notes to the detailed statement | of financial | activities | 22 |
| Registered | charity | charity | name | name | Penrith Parish Centre Limited |
Penrith Parish Centre Limited |
|---|---|---|---|---|---|---|
| Charity registration | number | 1101223 | ||||
| Company | registration | number | 04858513 | |||
| Principal office and | registered | Penrith Parish Centre |
||||
| office | Saint Andrews | Place | ||||
| Penrith | ||||||
| CA11 7XX | ||||||
| The trustees | ||||||
| Mr P Simpson | ||||||
| Mrs M Allison | ||||||
| Mrs R Angus | ||||||
| Mrs S Barton | ||||||
| Mr P Donald | ||||||
| Mr j Green | ||||||
| Mr 5 Harper | ||||||
| Mr L Hope | ||||||
| Revd L Ridley |
||||||
| Revd D Sargent | ||||||
| Company | secretary | Mr Peter Simpson | ||||
| Independent | examiner | lan Thompson | BA(Honsj, FCA | |||
| 4 Mason Court | ||||||
| Gillan Way | ||||||
| Penrith 40 Business Park | ||||||
| Penrith | ||||||
| Cumbria | ||||||
| CA119GR |
| On behalf of Penrith Parish year; |
C | entre, I gratefully acknowledge the followin |
g grants and donations received this |
|---|---|---|---|
| 2022 | |||
| E | |||
| Omicron Business Grant |
2,667 | ||
| Eden District Council | —Kitchen Grant | 1,125 | |
| Penrith Lottery Curtain |
Grant | 2,500 | |
| Cash Donations | 449 | ||
| Gift Aid Donations | 3,020 | ||
| Investment Policy |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | Total funds | |||||
| Note | f | f | f | f | ||||
| Income and endowments | ||||||||
| Donations | and legacies | 9,761 | 9,761 | 80,948 | ||||
| Charitable | activities | 20,558 | 20,558 | 25,809 | ||||
| Other trading activities |
850 | 850 | 646 | |||||
| Investment | income | 74 | 36 | 110 | 4 | |||
| Total income | 21,482 | 9,797 | 31,279 | 107,407 | ||||
| Expenditure | ||||||||
| Expenditure | on charitable | activities | 9,10 | 28,143 | 57,141 | 85,284 | 34,184 | |
| Total expenditure | 28,143 | 57,141 | 85,284 | 34,184 | ||||
| Net (expenditure)/income | and net | movement | ||||||
| in funds | (6,661) | (47,344) | (54,005) | 73,223 | ||||
| Reconciliation offunds |
||||||||
| Total funds | brought | forward | 25,098 | 55,656 | 80,754 | 7,531 | ||
| Total funds | carried | forward | 18,437 | 8,312 | 26,749 | 80,754 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | f | F. | |||
| Fixed assets | |||||
| Tangible fixed assets | 15 | 7,842 | 9,802 | ||
| Current assets | |||||
| Debtors | 16 | 971 | 331 | ||
| Cash at bank and in | hand | 18,957 | 71,490 | ||
| 19,928 | 71,821 | ||||
| Creditors: amounts | falling due within one year | 1,021 | 869 | ||
| Net current assets | 18,907 | 70,952 | |||
| Total assets less current | liabilities | 26,749 | 80,754 | ||
| Net assets | 26,749 | 80,754 | |||
| Funds ofthe charity | |||||
| Restricted funds |
8,312 | 55,656 | |||
| Unrestricted funds |
18,437 | 25,098 | |||
| Total charity funds | 20 | 26,749 | 80,754 |
| Unrestricted | Restricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||||
| f | E | f | |||||
| Donations | |||||||
| Donations | |||||||
| Gift Aid | 3,020 | 3,020 | |||||
| Cash Donations | 449 | 449 | |||||
| Grants | |||||||
| Government | grant income | 6,292 | 6,292 | ||||
| 9,761 | 9,761 | ||||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2021 | |||||
| f | E | E | |||||
| Donations | |||||||
| Donations | 50,035 | 50,035 | |||||
| Gift Aid | 6,907 | 6,907 | |||||
| Cash Donations | |||||||
| Grants | |||||||
| Government | grant income | 20,631 | 3,375 | 24,006 | |||
| 20,631 | 60,317 | 80,948 | |||||
| 6. | Charitable | activities | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| f | f | f | f | ||||
| Room Lettings | 20,558 | 20,558 | 25,809 | 25,809 | |||
| 7. | Other trading | activities | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| f | f | f | f | ||||
| Other income | 850 | 850 | 646 | 646 | |||
| 8. | Investment | income | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2022 | |||||
| f | f | f | |||||
| Bank interest | receivable | 74 | 36 | 110 |
| Unrestricted | Restricted | Total | Funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||||||||
| E | E | E | |||||||||
| Bank interest | receivable | ||||||||||
| 9. | Expenditure | on charitable | activities by | fund type | |||||||
| Unrestricted | Restricted | Total | Funds | ||||||||
| Funds | Funds | 2022 | |||||||||
| E | E | f | |||||||||
| Room Lettings | 27,262 | 57,141 | 84,403 | ||||||||
| Support | costs | 881 | 881 | ||||||||
| 28,143 | 57,141 | 85,284 | |||||||||
| Unrestricted | Restricted | Total | Funds | ||||||||
| Funds | Funds | 2021 | |||||||||
| E | E | E | |||||||||
| Room Lettings | 26,019 | 7,565 | 33,584 | ||||||||
| Support | costs | 600 | 600 | ||||||||
| 26,619 | 7,565 | 34,184 | |||||||||
| 10. | Expenditure | on charitable | activities by | activity type | |||||||
| Activities | |||||||||||
| undertaken | Total funds | Tota | I fund | ||||||||
| directly | Support costs | 2022 | 2021 | ||||||||
| f | f | E | E | ||||||||
| Room Lettings | 84,403 | 84,403 | 33,584 | ||||||||
| Governance | costs | 881 | 881 | 600 | |||||||
| 84,403 | 881 | 85,284 | 34,184 | ||||||||
| 11. | Net (expenditure)/income | ||||||||||
| Net (expenditure)/income | is stated after charging/(crediting): | ||||||||||
| 2022 | 2021 | ||||||||||
| E | E | ||||||||||
| Depreciation | oftangible | fixed assets | 1,960 | 2,451 |
| Independent | examinatio | n fees |
|||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| f | f | ||||||
| Fees payable | to the independent | examiner for: | |||||
| Independent | examination | of the financial statements | 840 | 528 | |||
| Staff costs | |||||||
| The total staff costs and | employee | benefits for the reporting | period are analysed | as follows: | |||
| 2022 | 2021 | ||||||
| f | E | ||||||
| Wages and salaries | 17,148 | 15,125 | |||||
| Employer contributions | to pension | plans | 161 | 106 | |||
| 17,309 | 15,231 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| 15. | Tangible fixed asse | ts | ||||||
|---|---|---|---|---|---|---|---|---|
| Freehold | Plant and | Fixtures | and | |||||
| property | machinery | fittings | Equipment | Total | ||||
| f | f | f | f | f | ||||
| Cost | ||||||||
| At 1January 2022 and | ||||||||
| 31December 2022 | 69,798 | 6,557 | 994 | 837 | 78,186 | |||
| Depreciation | ||||||||
| At 1January 2022 | 64,482 | 2,967 | 485 | 450 | 68,384 | |||
| Charge for the year | 1,063 | 718 | 102 | 77 | 1,960 | |||
| At 31December 2022 | 65,545 | 3,685 | 587 | 527 | 70,344 | |||
| Carrying amount | ||||||||
| At 31December 2022 | 4,253 | 2,872 | 407 | 310 | 7,842 | |||
| At 31December 2021 | 5,316 | 3,590 | 509 | 387 | 9,802 | |||
| 16. | Debtors | |||||||
| 2022 | 2021 | |||||||
| f | f | |||||||
| Trade debtors | 971 | 331 | ||||||
| 17. | Creditors: amounts | falling due within one year | ||||||
| 2022 | 2021 | |||||||
| f | f | |||||||
| Accruals and deferred | income | 800 | 528 | |||||
| Social security and | other taxes | 221 | 341 | |||||
| 1,021 | 869 |
| The amounts | recognised in the financi |
al statements for government |
grants are as follows: | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| f | f | |||
| Recognised | in income from donations | and legacies: | ||
| Government | grants income | 6,292 | 24,006 |
| 20. | Analysis of | Analysis of | Analysis of | charitable funds |
|||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | ||||||||
| At | At | ||||||||
| 1January 202 | 31December | ||||||||
| 2 | Income | Expenditure | 2022 | ||||||
| f | f | f | f | ||||||
| General | funds | 25,098 | 21,482 | (28,143) | 18,437 | ||||
| At | At | ||||||||
| 1January 202 | 31December | ||||||||
| 1 | Income | Expenditure | 2021 | ||||||
| f | f | f | f | ||||||
| General | funds | 4,627 | 47,090 | (26,619) | 25,098 | ||||
| Restricted | funds | ||||||||
| At | At | ||||||||
| 1January 202 | 31December | ||||||||
| 2 | Income | Expenditure | 2022 | ||||||
| f | f | f | f | ||||||
| Restricted | Fund | 55,656 | 9,797 | (57,141) | 8,312 | ||||
| At | At | ||||||||
| 1January 202 | 31December | ||||||||
| 1 | Income | Expenditure | 2021 | ||||||
| f | f | f | f | ||||||
| Restricted | Fund | 2,904 | 60,317 | (7,565) | 55,656 | ||||
| 21. | Analysis | ofnet assets between | funds | ||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2022 | |||||||
| f | f | f | |||||||
| Tangible | fixed assets | 757 | 7,085 | 7,842 | |||||
| Current | assets | 18,701 | 1,227 | 19,928 | |||||
| Creditors | less than 1year | (1,021) | (1,021) | ||||||
| Net assets | 18,437 | 8,312 | 26,749 | ||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2021 | |||||||
| f | f | f | |||||||
| Tangible | fixed assets | 946 | 8,856 | 9,802 | |||||
| Current | assets | 25,021 | 46,800 | 71,821 | |||||
| Creditors | less than 1year | (869) | (869) | ||||||
| Net assets | 25,098 | 55,656 | 80,754 |
| The total future minimum |
lease payments | under non-cancellable | operating | leases are as follows: | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f | E | ||||
| Not later than 1year | 1,000 | 1,000 | |||
| Later than 1year and not | later than 5years | 5,000 | 5,000 | ||
| Later than 5years | 1,000 | 2,000 | |||
| 7,000 | 8,000 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | E | |||
| Income and endowments | ||||
| Donations and legacies |
||||
| Donations | 50,035 | |||
| Gift Aid | 3,020 | 6,907 | ||
| Cash Donations | 449 | |||
| Government grant income |
6,292 | 24,006 | ||
| 9,761 | 80,948 | |||
| Charitable activities |
||||
| Room Lettings | 20,558 | 25,809 | ||
| Other trading activities | ||||
| Other income | 850 | 646 | ||
| Investment income |
||||
| Bank interest receivable | 110 | |||
| Total income | 31,279 | 107,407 | ||
| Expenditure | ||||
| Expenditure on charitable |
activities | |||
| Wages and salaries | 17,148 | 15,125 | ||
| Pension costs | 161 | 106 | ||
| Rent | 500 | 1,500 | ||
| Rates and water | 263 | 216 | ||
| Light and heat | 1,782 | 2,163 | ||
| Repairs and maintenance | 58,722 | 7,579 | ||
| Insurance | 2,288 | 2,530 | ||
| Other establishment | 24 | 299 | ||
| Legal and professional | fees | 800 | 528 | |
| Telephone | 522 | 382 | ||
| Other office costs | 1,032 | 296 | ||
| Depreciation | 1,960 | 2,451 | ||
| Interest on bank loans and | overdrafts | 1 | 937 | |
| Bank charges | 81 | 72 | ||
| 85,284 | 34,184 | |||
| Total expenditure | 85,284 | 34,184 |
| 2022 | 2021 |
|---|---|
| f | f |
| (54,005) | 73,223 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| E | f | |||||
| Expenditure on charitable |
activities | |||||
| Room Lettings | ||||||
| Activities undertaken | directly | |||||
| wages/salaries | 17,148 | 15,125 | ||||
| pension costs |
161 | 106 | ||||
| rent rates 5water |
500 263 |
1,500 216 |
||||
| light g. heat | 1,782 | 2,163 | ||||
| repairs L maintenance | 58,722 | 7,579 | ||||
| insurance | 2,288 | 2,530 | ||||
| other establishment | 24 | 299 | ||||
| telephone | 522 | 382 | ||||
| other office costs | 1,032 | 296 | ||||
| depreciation | 1,960 | 2,451 | ||||
| interest on bank loans | and | overdrafts | 1 | 937 | ||
| 84,403 | 33,584 | |||||
| Governance costs |
||||||
| Governance costs |
—accountancy | fees | 800 | 528 | ||
| Bank Charges | 81 | 72 | ||||
| 881 | 600 | |||||
| Expenditure on charitable |
activities | 85,284 | 34,184 |