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2022-12-31-accounts
|
Page |
| Reference and administrative detailsofthe Company, its Trustees and advisers |
|
| Trustees' report |
2-9 |
| Independent examiner's report |
10 |
| Statementoffinancial activities |
11 |
| Balance sheet |
12 · 13 |
| Notestothe financial statements |
14 · 30 |
| Trustees |
_J_Willis, Chair |
|
C Caverhill, Vice Chair |
|
E Prince, Treasurer |
|
A Wimberley |
|
R Foxwell |
|
R Small (resigned 14 November 2022) |
|
_J_Bates |
|
A Foxwell |
|
E Dooley |
|
E Gavrilenko (resigned 8 December 2022) |
|
N Bailey |
|
P Turner |
|
C Fileman-Wright (appointed 14 November 2022) |
| Company registered |
|
| number |
05133939 |
| Charity registered |
|
| number |
1105114 |
| Registered office |
Green Hill |
|
Fore Street |
|
Moretonhampstead |
|
Newton Abbot |
|
Devon |
|
TQ13 8LL |
| Key management |
G Lingard, Arts Officer |
| personnel |
P Nottingham, Finance Office- |
|
C Rooney, Coordinator |
| Accountants |
Griffin |
|
Chartered Accountants |
|
165 High Street |
|
Honiton |
|
EX14 1LQ |
| Bankers |
Lloyds TSB Okehampton |
|
Fore Street |
|
Okehampton |
|
Devon |
|
EX20 1HJ |
|
|
Restricted |
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2021 |
|
Note |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
| Donations and legacies |
3 |
2,958 |
8,356 |
11,314 |
62,596 |
| Charitable activities |
4 |
56,762 |
75,123 |
131,885 |
146,359 |
| Investments |
5 |
|
20 |
20 |
2 |
| Total income |
|
59,720 |
83,499 |
143,219 |
208,957 |
| Expenditure on: |
|
|
|
|
|
| Charitable activities |
7 |
35,820 |
100,786 |
136,606 |
172,234 |
| Total expenditure |
|
35,820 |
100,786 |
136,606 |
172,234 |
| Net movementinfunds |
|
23,900 |
(17,287) |
6,613 |
36,723 |
| Reconciliationoffunds: |
|
|
|
|
|
| Total funds brought forward |
|
75,642 |
67,971 |
143,613 |
106,890 |
| Netmovementinfunds |
|
23,900 |
(17,287) |
6,613 |
36,723 |
| Total funds carried forward |
|
99,542 |
50,684 |
150,226 |
143,613 |
|
|
|
2022 |
|
2021 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
87,021 |
|
90,554 |
|
|
|
87,021 |
|
90,554 |
| Current assets |
|
|
|
|
|
| Debtors |
12 |
7,394 |
|
26,901 |
|
| Cash at bank andinhand |
|
152,887 |
|
126,017 |
|
|
|
160,281 |
|
152,918 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
13 |
(53,454) |
|
(53,177) |
|
| Net current assets |
|
|
106,827 |
|
99,741 |
| Total assets less current liabilities |
|
|
193,848 |
|
190,295 |
| Creditors: amounts falling due after more |
|
|
|
|
|
| than one year |
14 |
|
(43,622) |
|
(46,682) |
|
|
|
150,226 |
|
143,613 |
| Total net assets |
|
|
150,226 |
|
143,613 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
15 |
|
99,542 |
|
75,642 |
| Unrestricted funds |
15 |
|
50,684 |
|
67,971 |
| Total funds |
|
|
150,226 |
|
143,613 |
|
Restricted |
Un restricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Donations |
2,958 |
8,356 |
11,314 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Donations |
19,101 |
3,286 |
22,387 |
| Grants |
15,400 |
|
15,400 |
| Government grants |
|
24,809 |
24,809 |
|
34,501 |
28,095 |
62,596 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Centre management |
|
37,730 |
37,730 |
| Community services |
56,462 |
15,347 |
71,809 |
| Arts and heritage |
300 |
22,046 |
22,346 |
| Total 2022 |
56,762 |
75,123 |
131,885 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Centre management |
59 |
61,619 |
61,678 |
| Community services |
66,686 |
180 |
66,866 |
| Arts and heritage |
4,792 |
13,023 |
17,815 |
| Total 2021 |
71,537 |
74,822 |
146,359 |
| Unrestricted |
Total |
| funds |
funds |
| 2022 |
2022 |
| £ |
£ |
| 20 |
20 |
| Unrestricted |
Total |
| funds |
funds |
| 2021 |
2021 |
| £ |
£ |
| 2 |
2 |
|
|
Grantsto |
Total |
Total |
|
|
Individuals |
funds |
funds |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
| Grants, Community services |
|
4,570 |
4,570 |
|
| Analysisofexpenditurebyactivities |
|
|
|
|
|
Activities |
Grant |
|
|
|
undertaken |
fundingof |
Support |
Total |
|
directly |
activities |
costs |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| Centre management |
24,722 |
|
15,640 |
40,362 |
| Community services |
32,963 |
4,570 |
20,370 |
57,903 |
| Arts and heritage |
24,722 |
|
13,619 |
38,341 |
|
82,407 |
4,570 |
49,629 |
136,606 |
|
Activities |
|
|
|
undertaken |
Support |
Total |
|
directly |
costs |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Centre management |
58,145 |
67,823 |
125,968 |
| Community services |
12,958 |
10,175 |
23,133 |
| Arts and heritage |
12,958 |
10,175 |
23,133 |
|
84,061 |
88,173 |
172,234 |
|
Centre |
Community |
Arts and |
Total |
|
management |
services |
heritage |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| _Staff_costs |
14,087 |
18,783 |
14,087 |
46,957 |
| Direct costs |
1,753 |
2,337 |
1,753 |
5,843 |
| Professional charges |
6,828 |
9,105 |
6,828 |
22,761 |
| Publicity and events costs |
1,261 |
1,681 |
1,261 |
4,203 |
| Training |
793 |
1,057 |
793 |
2,643 |
|
24,722 |
32,963 |
24,722 |
82,407 |
|
Centre |
Community |
Arts and |
Total |
|
management |
services |
heritage |
funds |
|
2021 |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
| _Staff_costs |
38,357 |
8,692 |
8,692 |
55,741 |
| Direct costs |
10,406 |
2,261 |
2,261 |
14,928 |
| Professional charges |
6,903 |
1,479 |
1,479 |
9,861 |
| Publicity and events costs |
1,807 |
381 |
381 |
2,569 |
| Training |
672 |
145 |
145 |
962 |
|
58,145 |
12,958 |
12,958 |
84,061 |
|
Centre |
Community |
Arts and |
Total |
|
management |
services |
heritage |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| Depreciation |
1,532 |
2,042 |
1,532 |
5,106 |
| Finance costs |
827 |
1,102 |
827 |
2,756 |
| Miscellaneous costs |
1,552 |
2,068 |
1,551 |
5,171 |
| Office costs |
2,871 |
3,828 |
2,871 |
9,570 |
| Professional charges |
1,787 |
2,383 |
1,789 |
5,959 |
| Property costs |
5,049 |
8,947 |
5,049 |
19,045 |
| Governance costs |
2,022 |
|
|
2,022 |
|
15,640 |
20,370 |
13,619 |
49,629 |
|
Centre |
Community |
Arts and |
Total |
|
management |
services |
heritage |
funds |
|
2021 |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
| Depreciation |
3,364 |
714 |
714 |
4,792 |
| Finance costs |
2,520 |
540 |
540 |
3,600 |
| Miscellaneous costs |
692 |
148 |
148 |
988 |
| Office costs |
5,213 |
1,119 |
1,119 |
7,451 |
| Professional charges |
2,994 |
241 |
641 |
3,876 |
| Property costs |
51,150 |
7,413 |
7,013 |
65,576 |
| Governance costs |
1,890 |
|
|
1,890 |
|
67,823 |
10,175 |
10,175 |
88,173 |
| Independent examiner's remuneration |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Fees payable to the Company's independent examiner for the independent |
|
|
| examination of the Company's annual accounts |
674 |
630 |
| Fees payable to the Company's independent examiner in respectof: |
|
|
| All other services not included above |
1,348 |
1,260 |
|
2022 |
2021 |
|
£ |
£ |
| Wages and salaries |
46,530 |
53,261 |
| Contribution to defined contribution pension schemes |
427 |
2,480 |
|
46,957 |
55,741 |
|
2022 |
2021 |
|
No. |
No. |
| Employees |
5 |
8 |
|
Long-term |
|
|
|
leasehold |
Office |
|
|
property |
equipment |
Total |
|
£ |
£ |
£ |
| Cost or valuation |
|
|
|
| At1 January 2022 |
576,691 |
68,854 |
645,545 |
| Additions |
|
1,573 |
1,573 |
| At31December 2022 |
576,691 |
70,427 |
647,118 |
| Depreciation |
|
|
|
| At1 January 2022 |
488,124 |
66,867 |
554,991 |
| Charge for the year |
4,026 |
1,080 |
5,106 |
| At31December 2022 |
492,150 |
67,947 |
560,097 |
| Net book value |
|
|
|
| At31December 2022 |
84,541 |
2,480 |
87,021 |
| At31December 2021 |
88,567 |
1,987 |
90,554 |
| Debtors |
|
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
| Due within one year |
|
|
|
| Trade debtors |
|
7,394 |
2,582 |
| Other debtors |
|
|
1,219 |
| Prepayments and accrued income |
|
|
23,100 |
|
|
7,394 |
26,901 |
|
2022 |
2021 |
|
£ |
£ |
| Other loans |
5,581 |
5,580 |
| Trade creditors |
3,350 |
3,386 |
| Other taxation and social security |
492 |
|
| Other creditors |
4,143 |
4,455 |
| Accruals and deferred income |
39,888 |
39,756 |
|
53,454 |
53,177 |
| Creditors: Amounts falling due after more than one year |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Other loans |
43,622 |
46,682 |
| Included within the above are amounts falling due as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Between one and two years |
|
|
| Other loans |
5,580 |
5,580 |
| Between two and five years |
|
|
| Other loans |
16,740 |
16,740 |
| Over five years |
|
|
| Other loans |
21,302 |
24,362 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
|
31 |
|
January |
|
|
Transfers |
December |
|
2022 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Fixed asset depreciation |
356 |
|
(5,106) |
4,750 |
|
| Property maintenance |
6,210 |
|
|
|
6,210 |
| Contingency fund |
2,000 |
|
|
|
2,000 |
|
8,566 |
|
(5,106) |
4,750 |
8,210 |
| General funds |
|
|
|
|
|
| Unrestricted |
59,405 |
83,499 |
(95,680) |
(4,750) |
42,474 |
| Total Unrestricted funds |
67,971 |
83,499 |
(100,786) |
|
50,684 |
| Restricted funds |
|
|
|
|
|
| Core |
10,723 |
155 |
(7,016) |
|
3,862 |
| Arts |
13,659 |
4,798 |
(3,789) |
|
14,668 |
| Wei/moor |
51,260 |
54,767 |
(25,015) |
|
81,012 |
|
75,642 |
59,720 |
(35,820) |
|
99,542 |
| Totaloffunds |
143,613 |
143,219 |
(136,606) |
|
150,226 |
|
|
|
|
|
Asrestated |
|
Asrestated |
|
|
|
Balanceat |
|
Balanceat |
|
|
|
31 |
|
1 January |
Asrestated |
Asrestated |
Transfers |
December |
|
2021 |
Income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Fixed asset depreciation |
5,148 |
|
(4,792) |
|
356 |
| Property maintenance |
6,210 |
|
|
|
6,210 |
| Contingency fund |
2,000 |
|
|
|
2,000 |
|
13,358 |
|
(4,792) |
|
8,566 |
| General funds |
|
|
|
|
|
| Unrestricted |
76,905 |
102,919 |
(120,419) |
|
59,405 |
| Total Unrestricted funds |
90,263 |
102,919 |
(125,211) |
|
67,971 |
| Restricted funds |
|
|
|
|
|
| Core |
3,332 |
20,646 |
(13,255) |
|
10,723 |
| Arts |
5,202 |
15,913 |
(7,456) |
|
13,659 |
| Wei/moor |
8,093 |
69,479 |
(26,312) |
|
51,260 |
|
16,627 |
106,038 |
(47,023) |
|
75,642 |
| Totaloffunds |
106,890 |
208,957 |
(172,234) |
|
143,613 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
|
31 |
|
January |
|
|
Transfers |
December |
|
2022 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
8,566 |
|
(5,106) |
4,750 |
8,210 |
| General funds |
59,405 |
83,499 |
(95,680) |
(4,750) |
42,474 |
| Restricted funds |
75,642 |
59,720 |
(35,820) |
|
99,542 |
|
143,613 |
143,219 |
(136,606) |
|
150,226 |
| Summaryoffunds- prior year |
|
|
|
|
|
|
|
|
Balance at |
|
Balanceat |
|
|
31 |
|
1 January |
As restated |
Asrestated |
December |
|
2021 |
Income |
Expenditure |
2021 |
|
£ |
£ |
£ |
£ |
| Designated funds |
13,358 |
|
(4,792) |
8,566 |
| General funds |
76,905 |
102,919 |
(120,419) |
59,405 |
| Restricted funds |
16,627 |
106,038 |
(47,023) |
75,642 |
|
106,890 |
208,957 |
(172,234) |
143,613 |
| Analysis of net assets between funds-current |
year |
|
|
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
| Tangible fixed assets |
|
87,021 |
87,021 |
| Current assets |
99,542 |
60,739 |
160,281 |
| Creditors due within one year |
|
(53,454) |
(53,454) |
| Creditors due in more than one year |
|
(43,622) |
(43,622) |
| Total |
99,542 |
50,684 |
150,226 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
| Tangible fixed assets |
|
90,554 |
90,554 |
| Current assets |
75,642 |
77,276 |
152,918 |
| Creditors due within one year |
|
(53,177) |
(53,177) |
| Creditorsdueinmore than one year |
|
(46,682) |
(46,682) |
|
75,642 |
67,971 |
143,613 |
non-cancellable operating leases as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Notlaterthan 1 year |
1 |
1 |
| Later than 1 year and not later than 5 years |
4 |
4 |
| Later than 5 years |
18 |
19 |
|
23 |
24 |