Registered number: 08451766 Charity number: 1107645
SANDWELL IRISH COMMUNITY ASSOCIATION (A company limited by guarantee)
## UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## CONTENTS
||Page|
|---|---|
|Reference and administrative details of the Company, its Trustees and advisers|1|
|Trustees' report|2 - 4|
|Trustees' responsibilities statement|5|
|Independent examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8 - 9|
|Notes to the financial statements|10 - 19|
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022
## Trustees
Kerry Flood, Secretary Martin Prestidge Stephen Simcox Luke Cotterill Ian Cotterill
## Company registered number
08451766
## Charity registered number
1107645
## Registered office
Langley Park Lodge 34 Langley High Street Oldbury B69 4SN
## Chief executive officer
Chris Flood
## Accountant
JMS Accountants Ltd 172 Lawnswood Road Stourbridge DY8 5LW
## Bankers
Metro Bank One Southampton Row London WC1B 5HA
Page 1
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022
The Trustees present their annual report together with the financial statements of the Sandwell Irish Community Association for the year 1 April 2021 to 31 March 2022. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective January 2015).
Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## Annual report 2021-2022
Welcome to our Annual Report, for the Sandwell Irish Community Association.
Our organisation has delivered services and support to our local community for fourteen years; here, in Langley village.
Brexit and the Pandemic is continuing to have an impact on the country and we still have to come to terms with what the full consequence and impact will be not only on our local community but regionally and the UK overall, hopefully we can learn lessons and repair the divide and find a new progressive path where there is hope for everyone.
Everyone will have their own memories, both good, and bad of the personal journey they have made through this virus. As we emerge slowly but surely from the pandemic, the question now; is how do we move forward, as both individuals and community; is it, back to the old ways of working, with the same systems and goals in place, which in a lot of case’s was just being able to survive to the next year; or, do we take this opportunity for radical and progressive change.
Words come easy, actions can be harder, in our case we are sometimes reliant on others to move our agenda forward, when this happens flexibility is key and one of SICA key strengths is always having a Plan B, so moving into the future we will continue with our core values have a flexible approach to any situation provide the structure to enable a continuation of an organisation philosophy that has been built over many years. We will plan for the uncertainty that surrounds all sectors and key areas we work in, but will strive for that radical and progressive agenda and make sure it is at the forefront of our decision making.
Chris Flood Chief Executive
## Achievements and Performance
Achievements for this term have grown slightly on last report as confidence is begins to grow in the community groups and service are being re-established. We can now begin to look forward and return to delivery in our key service areas.
## Lodge
Services we deliver both new and old: Services we have re-established and other we are looking to provide SICA friendship club. Black Country Mental Health Team (NHS) SAFL Art Class Knit and natter Extend Class Youth Group Kids.org Young carers’ group Community garden Male only fitness group Female only fitness group
Page 2
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
## Future Plans
Our immediate future plans focus on Langley concept; this is radical project to future proof Langley village, maintain Langley lodges relevance to it community and raise the aspiration of individual of all ages with the intent to provide jobs, and apprentices opportunities, energy security and monetary and cost of living savings.
We have begun the process; by working with Birmingham University who have raised an initial report into suitability of renewable provision for Langley Lodge. We are now looking to expand on this work to include the local and business area.
List of work with brief description: Langley concept.
- Clock tower: repair clock and chimes remedial work on tower itself
- Community garden: extend community garden removing non-native species establishing a wet area to reintroduce newts and other native species
- Royal Enfield room: refurbish building bring back into community use, sound and video recording studio, rehearsal space, oral and video history hub, visual and hearing-impaired provision
- Park, Canal, High Street: this idea is to remove all physical barriers from the three-key aspect of Langley village creating a green open space with access to the healing power of water, which in turn will provide the tools to support with positive mental health remove non-native species to encourage natural bio-diversity
- Langley Park Lodge: create an extra floor above main building to install and create a centre of mental health excellence for training and delivering low to medium and high intensity support
- Youth provision we will update once we have the structure in place
- We will continue with our core objectives of good physical and mental health and helping and supporting the most vulnerable in our communities looking to advocate for the voiceless
## Public Benefit
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## Going Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## Financial Review
Our income was £39,912 and our expenditure was £38,070. General unrestricted reserves are £23,029 and restricted funds are £4,571 so remain at an acceptable level.
## Reserves Policy
The company aims to hold general (unrestricted) reserves of 3 months running costs.
Page 3
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
## Structure, Governance and Management
## Constitution
Sandwell Irish Community Association is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
## Methods of appointment or election of Trustees
Sandwell Irish Community Association is governed by a board of Trustees who are elected and co-opted under the terms of the Memorandum of Association.
The Board appoint a Chief Executive to help manage the organisation along with the strategic development of the company.
Approved by order of the members of the board of Trustees on 22 December 2022 and signed on their behalf by:
Luke Cotterill (Trustee)
Kerry Flood (Trustee)
Page 4
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2022
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company 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 Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 22 December 2022 and signed on its behalf by:
Luke Cotterill (Trustee)
Kerry Flood (Trustee)
Page 5
## SANDWELL IRISH COMMUNITY ASSOCIATION
## (A company limited by guarantee)
## INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2022
Independent examiner's report to the Trustees of Sandwell Irish Community Association ('the Company')
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## Responsibilities and basis of report
As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Melissa Smith
Dated: 22 December 2022 CIMA dip MA, MAAT
172 Lawnswood Road, Stourbridge DY8 5LW
Page 6
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022
|Note
Income from:
Charitable activities
3
Other income
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward|Unrestricted
funds
2022
£
21,762
1,500
23,262
21,420
21,420
1,842
21,187
1,842
23,029|Restricted
funds
2022
£
16,650
-
16,650
16,650
16,650
-
4,571
-
4,571|Total
funds
2022
£
38,412
1,500
39,912
38,070
38,070
1,842
25,758
1,842
27,600|Total
funds
2021
£
51,723
200|
|---|---|---|---|---|
|||||51,923|
|||||36,922|
|||||36,922|
|||||15,001|
|||||10,757
15,001|
|||||25,758|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 10 to 19 form part of these financial statements.
Page 7
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee) REGISTERED NUMBER: 08451766
## BALANCE SHEET AS AT 31 MARCH 2022
|Note
Fixed assets
Current assets
Debtors
9
Cash at bank and in hand
Creditors: amounts falling due within one
year
10
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
12
Unrestricted funds
12
Total funds|379
29,831
30,210
(2,610)|2022
£
-
27,600
27,600
27,600
27,600
4,571
23,029
27,600|370
26,907
27,277
(1,519)|2021
£|
|---|---|---|---|---|
|||||-
25,758|
|||||25,758|
|||||25,758|
||||||
|||||25,758|
|||||4,571
21,187|
||||||
|||||25,758|
Page 8
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee) REGISTERED NUMBER: 08451766
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2022
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 22 December 2022 and signed on their behalf by:
Luke Cotterill (Trustee)
Kerry Flood (Trustee)
The notes on pages 10 to 19 form part of these financial statements.
Page 9
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 1. General information
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association in March 2013.
## 2. Accounting policies
## 2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Sandwell Irish Community Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## 2.2 Income
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
## 2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
## 2.4 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 10
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
2. Accounting policies (continued)
## 2.5 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## 2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## 2.7 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## 2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Page 11
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 3. Income from charitable activities
|Unrestricted
funds
2022
£
Income from charitable activities - Sandwell
MBC - wages
-
Income from charitable activities - Room hire
5,768
Income from charitable activities - Sandwell
MBC - Small Business Grant Fund
10,835
Income from charitable activities - HMRC -
CJRS
3,825
Income from charitable activities - Sandwell
MBC - COVID support
1,334
Total 2022
21,762
Total 2021
35,073|Restricted
funds
2022
£
16,650
-
-
-
-
16,650
16,650|Total
funds
2022
£
16,650
5,768
10,835
3,825
1,334
38,412
51,723|Total
funds
2021
£
16,650
5,894
10,000
17,845
1,334|
|---|---|---|---|
||||51,723|
|||||
## 4. Other incoming resources
|Other incoming resources
Total 2021|Unrestricted
funds
2022
£
1,500
200|Total
funds
2022
£
1,500
200|Total
funds
2021
£
200|
|---|---|---|---|
|||||
Page 12
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 5. Analysis of expenditure on charitable activities
## Summary by fund type
|Unrestricted
funds
2022
£
Sandwell MBC - wages
-
Room hire
21,420
Sandwell MBC - Langley lights
-
21,420
Total 2021
19,591|Restricted
funds
2022
£
16,650
-
-
16,650
17,331|Total
funds
2022
£
16,650
21,420
-
38,070
36,922|Total
funds
2021
£
16,650
19,591
681|
|---|---|---|---|
||||36,922|
|||||
## 6. Analysis of expenditure by activities
|Sandwell MBC - wages
Room hire
Sandwell MBC - Langley lights
Total 2021|Activities
undertaken
directly
2022
£
16,650
9,053
-
25,703
28,213|Support
costs
2022
£
-
12,367
-
12,367
8,709|Total
funds
2022
£
16,650
21,420
-
38,070
36,922|Total
funds
2021
£
16,650
19,591
681|
|---|---|---|---|---|
|||||36,922|
||||||
Total 2021
Page 13
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 6. Analysis of expenditure by activities (continued)
Analysis of direct costs
|Wages and salaries
Events
Lunches
Volunteers travel & subsistence
Total 2021
Analysis of support costs
Electricity
Repairs and maintenance
Telephone
Equipment rental
Printing, postage, stationery
Cleaning
Water
Sundry expenses
Professional fees
Computers and software
Insurance
Bank charges|Sandwell
MBC -
wages
2022
£
16,650
-
-
-
16,650
16,650|Room hire
2022
£
8,225
300
528
-
9,053
10,882|Sandwell
MBC -
Summer
festival
peace event
2022
£
-
-
-
-
-
681|Total
funds
2022
£
24,875
300
528
-
25,703
28,213
Total
funds
2022
£
2,897
1,776
1,793
2,841
142
2
503
47
550
1,112
664
40
12,367|Total
funds
2021
£
27,494
681
22
16|
|---|---|---|---|---|---|
||||||28,213|
||||||Total
funds
2021
£
2,280
1,687
371
2,397
120
7
313
48
350
492
644
-|
||||||8,709|
Page 14
## SANDWELL IRISH COMMUNITY ASSOCIATION
(A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 7. Independent examiner's remuneration
||2022|2021|
|---|---|---|
||£|£|
|Fees payable to the Company's independent examiner for the independent|||
|examination of the Company's annual accounts|400|400|
|Fees payable to the Company's independent examiner in respect of:|||
|All other services not included above|100|160|
## 8. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2021 - £NIL).
During the year ended 31 March 2022, expenses totalling £NIL were reimbursed or paid directly to Trustee (2021 - £NIL to Trustee).
## 9. Debtors
|Due within one year
Prepayments and accrued income|2022
£
379
379|2021
£
370|
|---|---|---|
||||
|||370|
## 10. Creditors: Amounts falling due within one year
|Other taxation and social security
Pension fund loan payable
Other creditors
Accruals and deferred income|2022
£
1,444
105
8
1,053
2,610|2021
£
588
-
-
931|
|---|---|---|
||||
|||1,519|
Page 15
## SANDWELL IRISH COMMUNITY ASSOCIATION
## (A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 11. Financial instruments
||2022|2021|
|---|---|---|
||£|£|
|Financial assets|||
|Financial assets measured at fair value through income and expenditure|29,831|26,907|
Financial assets measured at fair value through income and expenditure comprise of assets held for trading and those financial assets designated as being held at fair value through profit or loss.
Page 16
## SANDWELL IRISH COMMUNITY ASSOCIATION
## (A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 12. Statement of funds
Statement of funds - current year
|Unrestricted funds
General Funds - all funds
Restricted funds
Restricted Funds - all funds
Total of funds|Balance at 1
April 2021
£
21,187
4,571
25,758|Income
£
23,262
16,650
39,912|Expenditure
£
(21,420)
(16,650)
(38,070)|Balance at
31 March
2022
£
23,029|
|---|---|---|---|---|
|||||4,571|
|||||27,600|
Page 17
## SANDWELL IRISH COMMUNITY ASSOCIATION
## (A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
## 12. Statement of funds (continued)
Statement of funds - prior year
|Unrestricted funds
General Funds - all funds
Restricted funds
Restricted Funds - all funds
Total of funds
Summary of funds
Summary of funds - current year
General funds
Restricted funds
Summary of funds - prior year
General funds
Restricted funds|Balance at
1 April 2020
£
5,505
5,252
10,757
Balance at 1
April 2021
£
21,187
4,571
25,758
Balance at
1 April 2020
£
5,505
5,252
10,757|Income
£
35,273
16,650
51,923
Income
£
23,262
16,650
39,912
Income
£
35,273
16,650
51,923|Expenditure
£
(19,591)
(17,331)
(36,922)
Expenditure
£
(21,420)
(16,650)
(38,070)
Expenditure
£
(19,591)
(17,331)
(36,922)|Balance at
31 March
2021
£
21,187|
|---|---|---|---|---|
|||||4,571|
|||||25,758|
|||||Balance at
31 March
2022
£
23,029
4,571|
|||||27,600|
|||||Balance at
31 March
2021
£
21,187
4,571|
|||||25,758|
13. Summary of funds
Page 18
## SANDWELL IRISH COMMUNITY ASSOCIATION
## (A company limited by guarantee)
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
|14.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2022
£
Current assets
25,639
Creditors due within one year
(2,610)
Total
23,029
Analysis of net assets between funds - prior year
Unrestricted
funds
2021
£
Current assets
22,706
Creditors due within one year
(1,519)
Total
21,187|Restricted
funds
2022
£
4,571
-
4,571
Restricted
funds
2021
£
4,571
-
4,571|Total
funds
2022
£
30,210
(2,610)
27,600
Total
funds
2021
£
27,277
(1,519)
25,758|
|---|---|---|
Page 19