ANNUAL REPORT AND UNAUDrtED FINANCIAL STATEMETrffiS OF LAVENHAM COMMUNITh COUNCIL FOR THE YEAR ENDED 31 March 2023 Registered Company 5269738 Registered Ch*ty 11956
LAVENHAM COMMUNITY COUNCIL COMPANY INFORMAMON Directofs J R Bradbume J C Comey B A Pvsmrth JPery apw'nted 2211212022 Secretary J R Bradbume Illag8 Hail Managers H Defves JT Gosli Company Number 5269736 Charty Number 11(958 Registered Office H1 Church Street. Lavenham Sudbury C010 92T Bankers PO Box101 18alkxJn Street Marthster M60 4EP Santander UK p Bndle RoJ Metsffysth L30 4GB IndepeThlent Exaniner NKk Fwr FCA
LAVENHAM COMMUNITY COUNCIL ONTENTS OF THE ANNUAL REPORT TO 31 MARCH 2023 Trustees Repcrt Page 1 Pa98 2 Statement of FinarKial AcAivrti8s Page 3 8alanc8 Sheet Pa9e 4 Notes to the Flnanclal Statements
OeJErn AIID ACTMTES ImftWl8te bou0j public b8tfft re¥lA thè dbgnlY8 gNni aThl aTrJ kn plamry ftjbjre acahAI haw not r•start•d bLI have w4•¢•d11 The GlmUty 081d thi Car SITh. Village H81 tsKryn• ro8• £44.93110 £61.178 The pmfft from Cw SIr frryn É2.B2810 f2.018. Total umslrtcted e4xn(thture exdM (lowedatiM w £83.245 (È70.462 2022). a th rf£12.783. Wages aThl S•l8rS88 Costs r¢v from £30,918 to£34.321 Tlr• a drw) kn rt reStrI(j olE22287 from a rf£15.PJ2 2022 kn a 01£6.475 In 2023. Th¢ Rffitrtted Fthj P srJK<4 rth ¥J Wam) spa 514 •t 31 IA8r( 20f4Mi É631 £4¥2. Totsl fwd& £27.42O Imm £1.(ffj2.735 ¥1 £1,011179aller do¢11 01£45.312 RESERves IYlLlVf The MH898 Hay has UFgrnded fv 8j) ¥lMh71 ¥ffi aThJ no hfIt IppOSe al a of£22.4. P V Smlh & Chrm
LAVENHMI COMMUNrrY COUNCIL lRegwt&l Chiity No 11(W) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LAVENHAM COMMUNtTY COUNCIL for the yealr ended 31 2023 Set fArt on pag88 3 to 9 RESPONSIBILITES AND BASIS OF REPORT As the ¢hariiVs trustees (%4th0 8re atso th• dred0 for th¢ pu olts)mparry JThl you are respon8ible for the preparation of Ihe Ilnancial ¥tstements •xordance vth the rffjuThnentsof the Companies t (the 2Cth Ad) HavNw salthd mys•ff that th& lknatK4al slalem)ts ofts CMyArry ore not requw•J to be aud11 undgr Part 16 of the 2Cth hLt and we elaltIe for Indeptt examin91kn). l rep In re8pect of my examh)atk of your ¢harWs acLJ)unts as cthd out under 145 of the Chorll8 2011 (the 2011 A¢tl. In t9 out my 8xaminat)n I fol(rAd the Cwgthns grMI tyth8 Charty Cunmiswn urKler sKllon 14515)Ib) of 2011 P INDEPENDENT EXAJAINER'S STATEMENT I have completed my examina1h. I Ihat m8lt•rn has to my attenkn kn cThnedbJn wllh the examin8lh)n uwvSrwJ me cause to bel it1 li arry m&twwl respecl: 2 th8 flnandal 3tatements do not occ¢rd ith tho8e 3 the financlal slatements do nol ts)mpty with th8 accwntkng TMents of s•ctl)n 398 ofthe 20C6 Acl other than any reqenrtt the OLxMJnts gr4e a and fatr ¥* not a maftef $er0d 8$ wt of an th)dep exaMwl'. or ofthe Stslement of Reu)mmwthd Prth ffm accamliig roportiivJ try d)81iliès lappltab 8pplkable In the UK and Repubk of Irela1 (FRS 102)). Farr FCA Moore Green 22 Frairs Street Sudbury. Suffok C010
LAINHAm COWAUNITY COUNCIL (Regtytwgj Chwiy No. 11(W STATEMENT OF FINANCIAL ACTP41mES FOR THE Y&4R ENtED AS AT 31 PAARCH 2023 INCOME FROM: Donations gwl8 and skthr Inv•strnent Income 29,916 23 2b 97 Vilkge Hall Motor Stsy Hld(len Garth$ 1 Clubs Pknrflh)n and p e1.176 3.731 61,178 3.731 44.937 3.607 2.124 10.381 2.124 10,381 7.740 78. 3.ya5 82,304 88.177 TOTAL INCcE 3.795 82.304 88,177 EXPENDITURE ON: Ch•rltabl• Actlvltl ViNag& Ha Motor Show HKJden Garden8 1ClUbS Independent Examkn•tr)n Sundry Expen898 Grants Made P8vMion Experoes DeprecIatn ReStrted EX[1r* 59.739 3.303 83.042 $3. 129 no 3.231 17.332 1,739 3.231 17,332 45.312 6,126 9,389 45,140 43.sn 84.984 46.876 131,880 115,602 TOTAL EXPENDITURE 84984 46.878 131.880 115,802 NET INCOME {EXPENDITUREI .475 43,081 49,556 -27.426 TOTAL FUNDS BROUGHT F(YIWARD AT 1ST APRIL2022 105.781 956.974 1.062,735 1.090, 160 TOTAL FUNDS CARRIED FORWARD AT 31ST K4RCH 2023 99286 913.893 1.013.179 1062.735 Page 3
LAiNHAm COMMUNI COUNCIL (Registered Charity Trk). 11[956) BALANCE SHEET AS AT 31 MARCH 2 23 2023 2022 FIXED ASSETS Tangle 950.852 960.099 950,852 CURRENT ASSETS Debtors and prepajryrnnts Cash * bank and in hand Stock at cost 5.180 68,909 739 74,828 111,687 1, 162 113,389 CURRENT LIA81LITIES Creditors- alnts falIN due ithwi one year 12.501 10.753 CuRREr ASSETS I (LIABILITIES) 62,327 102,636 TOTAL NET ASSETS 1,013.179 1062, 735 FUNDS Unrestricted Restricted 99.286 913,893 105, 761 956,914 10 1013.179 1,062.735 The charitable company 18 entitled to exempt frc¥n awjit under Se¢tth 4n of the Companles Act 2CI for the year ended 31st March 2023. The members have not required the charltth c¢wy to obtsln an audrt of ts finwvial statemnts lor the year ended 31 March 2023 in arx#)rdance ilh Section 478 ¢f the conI•S kt 2006. The tnJ61eo$ acknowledge Ir Te8ponSlI[b.e3 for (a) ensunng that the chantable wryany kee ¢(jnts'ng recrd6 that ¢?Trty ¥Ath tionS 386 8nd 387 of tho c?anS Act 20(e and preparing financial 6tatemènts gi¥e a true 8rrfl fair view of the state of offairs of the charitabte company as at the end of e&h financtal year and of rts surp9 or deficit for èac* finanual year in accordance wth the requirements of tiOnS 354 and 395, and which otherww compty with the requirements of the Companyas N£t 2[ relatirvJ to finano 8tatements. so far as applicth lo Ihe chwitable company. These financial statements have teen prepared in accordarte the specwl provtsions relatsng to small harilable compan8 and in XCordan the Financial Ropoth'w Stand¥d 102. The Finoncial Reportin Standard appluble to the UK and thè Republ of Ireland The financi81 st8tements Vbwe approved by the Board of TNstee8 on.............. Signed on rts behalf by.. (b) 31 os.[33 Phthp Smrth- Trustee Ju5tsne Corw. Trustee The notes on pages 5 to 9 forni part of these aznts
IRegtstÈ Chanty No11Cth56) FIK4NCIAL TATEMENT I c(X1 POLICIES in accordance twllh thè Fuianci Ropothg Sta aFp1Kab to the UK aThJ RepuNK of IfelÈnd IFRS1021 lefkcb¥e 1 January 20151- Icharittt SORP IFRS1021, the FThnc4al Standard apF4Kabk in the UK and of Ir818TrJ IFRS1021 ar1 cpan 2. Th• financi#l staterrwth are prepThl in ts1¥vd. thè lUnth)n ol ts enliy. FUNDS ofthe truste. purp. GOING CONCERN m8t8d81 urwtath8 •xtst Th• TnJiiJès hawa wwwJer•J the offrJTrJs hehj aTrJ tr) o)nb"nue as 8 91)Ky o)rvm. INCOME EXPENDITURE Expendttw• for on an acuulkn bow 4• • oc4JMThA. TATION ST¢XKS FIXED ASSETS wfvl1rf8 EqUp fixtyre8 aThJ fftbffjs. at an a¥w d 11J% I Indfvhjual ofwirntilh a purdw• 01£1.( •r•ylln Ch1tth) ts 8wt acqutred. LEISES To knlrfats the IMJJRwJ of Labpnhom Hal on a p•rt 01 GS•b•, Iwo we l Afuu repaTra and moinlw"NJ between the DBF arny lh• Pa91 Churth Coundl IPCCI forthe Gknb8 lor a kn 40 wrs wilh •ffoL 2{ at• r•nt of£150 per 2 Alum ralring and rnairtsinir¥J UThleth8• tt4tyqn the Lknenham Cc¥Nnunity Council (thr b)•w hokry Trtee$l. PCC aTrJ Ihe a thfrJ phjt on ts Glth laThJ eonsért ith rnftt every 5 yeats. A for of28 J8r3 from 12 Femwry 1 frcm Laharn Pansh forthe playir#J feth exferthd tra furtt* 99 yèw5 C 6 Fetrfuary 1935 at a pope1 rent cl £1 per annum.
LAVENHAM COMMUNITY COUNCIL (Registered Charty No. 11(69) FINMCLIL STATEMENTS the NOTES T INCOME Total 2023 Vrftsge Hall IncL¥tr Rents and acthibos Lthry Rant 48.4 7.655 5.025 48.496 7,655 5.025 33.211 7.220 61.176 61,176 44.931 Investment I?7 Bank Intwest 97 23 97 97 23 2¢ Donelbjn Grants afftlsimlarlrnx)m8 Coronaw'Ns Job Retsntim S&m• Coronavirus Support Grants 8abergh Wam Spaces Coop Sooety Wami Spa Donati8 Warni Spa¢s 5,916 24.L 2.500 1.000 295 295 3.795 3.795 29.916 2d P8wlh)n 8 playlw fi8kJt Imx Spots Club rents Privats H 8,556 1,825 8.S56 3.913 3.827 10.381 10,381 1.512 EXPENOITURE Vthège Hall Expenses Light and haat Insuran Rent and R¥t•* Repairs clen9 Gra Cutb'ng Bar Purtha8e• Ath4ertssiTrJ 6.142 3.458 1.839 7.878 2.790 2258 378 895 758 32.$96 405 8.547 4,501 3,235 1,345 5,682 2,803 1, 703 341 729 825 30.918 1,047 1.639 7.878 2256 471 895 1,836 34.321 953 Event Costs Wages Telert and Sun(k 1.725 59.739 3.303 60.252 53. 129 Grnnts Jllade Lavenham Pres¢hool Lavenham lMary Sdxx4 Ukrain• oppe 1.875 130 1.875 130 5,125 3231 3.231 5. 125 1.739 43.573 45.312 45. 140
LAVENHAM COMMUNrrY COUNCIL NOTES TO THE FINANCIAL STATEMENTS forlh8 ended 31 Marth 2 Unrestr1d Restricknl Totsl Funds 2023 Totsl 2022 Pavilion Expenses Rates and Water Electr Repairs Gr(15 PAawit8nar 713 713 3.090 3.417 10,112 2.938 625 3,417 10.112 17.332 17,332 EMPLOYEE ANO STAFF COSTS The average numtrer of1 & wt ts.me emphJyee4 thnYJ the r? In the Hall empknfftl a nuthr of part Iwne 8taff The (>)st ol emplo)in9 Staff fuN arKI lirne was 32.386 29.538 Natnal Insurance 308 1,647 34.321 217 Payrdl Ly)sts The remungralion of key Mana p•rsonnd. irKluthng 8enKY ¥toff. £23,04012022 £20.5451 No emth rtcelved ben8frt• d morn In th).000 duiwv4 IM Y {2022 NII) TRUSTEES REklUNERATION 8ENEFrrs the year ended 31 March 2022. ended 31 Marth 2022. Page 7
LAVENHAM COMMUNITY COUNCIL TES TO THE FI STATEIA erKled 31 MAR FIXED ASSETS Taryble fixed assets As at 01.04.22 Addth'ons during the year * cost Items scrapped year 56.276 1.482.465 1.538,741 22,450 13.815 36,065 -20.923 -20.923 As at 31.03.23 57.803 1,496,080 1.553.883 Oepr•ciation AS at 01.04.22 Charge for thg y 50.123 3.069 -20.923 528,519 42.243 578.642 45,312 -20.923 A8 at31.03.23 32,269 570.762 603.031 Not Ik v•lu• •t 31.03.23 25.534 925.318 950,852 Not book vak* at 31.0322 963,099 DEBTORS Total Total 1.587 3.593
LAbENHAM COMMUNITY COUNCIL TOTHE FI TATEMENTS dgj 31 2023 LLABILITJES.. AMOUTrtrs FALu t)UE wrrHIN ONE YEAR Total 2023 Total 12.501 10,753 12.501 ANALYSIS OF NEf AssEfs BY FUND Totsl Total T8ngN)le fixed a8 Curmt assets Cash Current Iwbilties 39.499 5.919 68.369 -12.501 911,353 950.8S2 960,099 5,919 1, 702 2.540 68,909 111,687 -12.501 -10.753 99,2e 913,893 1.013.179 1.062,735 10 MOVEMENT IN FUNDS 31h)3r2022 Income Expth)dth 31103r2023 105.781 78.509 84.984 99,286 RMtrlct•d Fund¥ Village Hall & Pavllon Awards for BuildiThJ ExtenSn Pre school Fun(Is Wann Space8 609.092 26.507 582.585 345.905 631 15,720 330,185 631 492 3.795 3,303 956.974 3,795 46.878 913,893 Total Funds I.1.735 131.880 1013.179 Purpose cl RestrM#•d FurKI# The Vil Hall & PavlM>n, Awards for Al BulAng Ex1w)n Funds to fvrwJirwJ r•¢•iv•d Th• Preschool and Wami Sparm fijnds rewe8ent the an¢* of monw rnised as yet unspenl