## ## ||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_| |**2022**|_2021_| |---|---| |£|£| |**1**|_28,121_|