| Registered | charity | name | name | Frome Cheese &Grain | Limited | |||
|---|---|---|---|---|---|---|---|---|
| Charity registration | number | 1108074 | ||||||
| Company | registration | number | 04736751 | |||||
| Principal offic and | registered offic | Cheese & Grain | ||||||
| Market Yard | ||||||||
| Frome | ||||||||
| Somerset | ||||||||
| BA11 1BE | ||||||||
| Chair | N FWaterhouse | Resigned | 14November | 2023 | ||||
| TAllison | Appointed | as Chair on | 14November | |||||
| 2023 | ||||||||
| CEO | SMacarthur | |||||||
| Trustee Directors | R Ackroyd | |||||||
| TAllison | Appointed | 8 November | 2022 | |||||
| KBarnes | ||||||||
| S Butler | Appointed | 14March 2023 | ||||||
| C Butler-Stroud | Appointed | 8 November | 2022 | |||||
| R Chagrin | ||||||||
| D Grimes | ||||||||
| M Hayden | ||||||||
| SMcloud | ||||||||
| SMiddle | ||||||||
| C Payne | Appointed | 8 November | 2022 | |||||
| M Peel | ||||||||
| J Birkett-Smith | Resigned | 1 January 2023 | ||||||
| Company | Secretary | SMacarthur | ||||||
| Independent | Auditors | Moore Scarrott Limited | ||||||
| Calyx House | ||||||||
| South Road | ||||||||
| Taunton | ||||||||
| Somerset | ||||||||
| TA1 3DU |
S AT 31 IIIIARCH |
2 | 023 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Notes | E | 9 | ||||||
| Fixed assets | ||||||||
| Tangible assets | 13 | 141769 | 121,648 | |||||
| 141,769 | 121,648 | |||||||
| Current assets | ||||||||
| Stocks | 15 | 11,396 | 7,406 | |||||
| Debtors | 16 | 175,104 | 174,889 | |||||
| Cash at bank and | in | hand | 17 | 231 458 | 287 662 | |||
| 447,958 | 469,957 | |||||||
| Current llablgtles | ||||||||
| Creditors: amounts |
falling | due within one | ||||||
| year | 18 | ~535 879 | 426 114 | |||||
| Net current assets | (115&921) | 43,843 | ||||||
| Total assets less | current | liabilities | 25,848 | 165,491 | ||||
| Creditors: amounts | falling | due after more | ||||||
| than one year | 19 | (91,274) | (131,119) | |||||
| Net Assets | 65426 | 34.372 | ||||||
| FUNDS | ||||||||
| Unrestricted funds |
21 | (65,426) | 34,372 | |||||
| Restricted funds | 21 | |||||||
| Total Funds | 65,426) | 34.372 |
| OR THE YEAR ENDING 31 MARCH 2 | 023 | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 9 | 2 | ||||
| Net cash generated/(absorbed) in operating |
activities | 19 | 48,968 | 154,097 | |
| Cash flows from investing activities |
|||||
| Acquisition oftangible assets |
(38,338) | (17,220) | |||
| Cash flows from financing activities |
|||||
| Dividends, interest and rents from investments |
(4,992) | (3,332) | |||
| Repayment of bank borrowings Repayment of other borrowings |
(18,142) (5,830) |
(7,110) 926 |
|||
| Change in cash and cash equivalents |
in | the year | (18,334) | 127,361 | |
| Cash and cash equivalents brought forward |
287,662 | 160,301 | |||
| Cash and cash equivalents carried forward |
~269328 | 267 662 |
| the useful economic life of th | at asset a | s follows: | ||
|---|---|---|---|---|
| Property improvements |
- straight | line over 50 years | ||
| Leasehold improvements Plant & equipment (including |
technical | equipment) | - straight -straight |
line over 4years line over 5-7 years |
| Fixtures &fittings |
-straight | line over 10years | ||
| Office equipment | -straight | line over 3years |
| urrent Yea | r | |||||
|---|---|---|---|---|---|---|
| Total | ||||||
| Unrestricted | Restricted | Funds | ||||
| Funds | Funds | 2023 | ||||
| f | f | f | ||||
| Hall hires | 107,848 | 107,848 | ||||
| Community | events | 218,700 | 218,700 | |||
| Ticket sales | commission | 76,238 | 76,238 | |||
| Bar/cafe sales | 652,173 | 652,173 | ||||
| Studio hire | 14,820 | 14,820 | ||||
| Membership | 8,880 | 8,880 | ||||
| Meeting room &mezzanine | income | 29,724 | 29,724 | |||
| Total income from charitable | activities | 1,108,383 | 1,108,383 | |||
| rior Year | ||||||
| Total | ||||||
| Unrestricted | Restricted | Funds | ||||
| Funds | Funds | 2022 | ||||
| f | f | f | ||||
| Hall hires | 59,064 | 59,064 | ||||
| Community | events | 175,298 | 175,298 | |||
| Ticket sales | commission | 68,219 | 68,219 | |||
| Bar/cafo sales | 477,915 | 477,915 | ||||
| Studio hire | 8,370 | 8,370 | ||||
| Membership | 5,980 | 5,980 | ||||
| Meeting room & mezzanine |
income | 18,968 | 18,968 | |||
| Total income from charitable | activities | 813,814 | 813,814 |
| urrent Year | ||||
|---|---|---|---|---|
| Total | ||||
| Unrestricted | Restricted | Funds | ||
| Funds | Funds | 2023 | ||
| f | f | f | ||
| Commission | income | 9,250 | 9,250 | |
| Other income | 2,547 | 2,547 | ||
| Total income from other sources | 11,799 | 11,799 | ||
| rior Year | ||||
| Total | ||||
| Unrestricted | Restricted | Funds | ||
| Funds | Funds | 2022 | ||
| f | f | f | ||
| Commission | income | 22,000 | 22,000 | |
| Rental income | 10,000 | 10,000 | ||
| Other income | 1,524 | 1,524 | ||
| Total income from other sources | 33,524 | 33,524 |
| e breakdown ofdirect costs is show in the table |
below:- | |
|---|---|---|
| 2023 | 2022 | |
| 6 | 9 | |
| Direct costs | ||
| Direct costs &purchases | 347,205 | 273,559 |
| Labour costs | ||
| Staff wages and salaries | 522,352 | 441,876 |
| Staff NIC | 26,190 | 18,528 |
| Staff pensions | 11,578 | 8,452 |
| Subcontractors | 20,545 | 22,329 |
| Staff training | 128 | 1,238 |
| 580,793 | 492,423 | |
| Establishment expenses |
||
| Rates | 832 | (352) |
| Rent | 1,586 | 1,451 |
| Water | 2,670 | 1,550 |
| Light, heat and power | 26,004 | 17,259 |
| Insurance | 4,239 | 4,005 |
| Repairs and maintenance | 31,796 | 22,582 |
| 67,127 | 46,495 | |
| General overheads | ||
| Marketing | 39,210 | 24,028 |
| Equipment costs |
84,565 | 25,365 |
| Subscriptions | 30,497 | 25,816 |
| Sundry expenses | 31,278 | 31,174 |
| 185,550 | 106,383 | |
| Depreciation | ||
| Leasehold improvements |
4,653 | 4,434 |
| Technical equipment | 1,047 | 445 |
| Fixtures and fittings | 1,583 | 5,501 |
| Office equipment | 8,510 | 9,688 |
| Plant and equipment | 2,421 | 865 |
| 18,214 | 20,933 | |
| Total Direct Costs | 1,198,889 | 939,793 |
| 2023 | 2022 | ||
|---|---|---|---|
| 9 | 2 | ||
| Wages and | salaries | 522,352 | 441,876 |
| Social security costs | 26,190 | 18,528 | |
| Employers' | pension costs | 11,578 | 8,452 |
| Subcontractors | 20,545 | 43,064 | |
| Staff training | 128 | 1,238 | |
| Total staff | costs | 580,793 | 513,158 |
| Group Statement of Financ | ial | Activities: | comparative |
figures | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| Notes | Funds | Funds | Funds | |||
| 2022 | 2022 | 2022 | ||||
| 6 | 2 | 2 | ||||
| Incoming resources | ||||||
| Donations and legacies |
5a | 299,674 | 299,674 | |||
| Charitable activities |
Sb | 813,814 | 813,814 | |||
| Other sources | 5c | 33,524 | 33,524 | |||
| Total incoming resources | 1,147,012 | 1 147212 | ||||
| Resources expended | ||||||
| Charitable activities |
998,127 | 998,127 | ||||
| Costs of generating voluntary |
income | |||||
| Total resources expended | 998127 | 998127 | ||||
| Net income/(expenditure) movement in funds |
and net | 148,885 | 148,885 | |||
| Total funds brought forward |
114,513 | ~714313 | ||||
| Total funds carried forward | 34,372 | 34372 |
| ompany | ||
|---|---|---|
| Shares in | ||
| Group | ||
| Undertakings | ||
| 2 | ||
| Cost: | ||
| At 1 April | 2022 | 201 |
| Additions | ||
| At 31 March 2023 | 201 | |
| Carrying | amount: | |
| At 31 March 2023 | 201 | |
| At 31 March 2022 | 201 |
| hare capital are | as follows:- | ||||
|---|---|---|---|---|---|
| Proportion ofvoting | |||||
| rights and shares held | |||||
| Undertaking | Holding | 2023 | 2022 | ||
| Frome Cheese & Grain Trading | Limited | Ordinary | 100'/ | 100'/ | |
| Grain Hospitality | Limited | Ordinary | 100'/ | 100'/ | |
| Grain Events Limited | Ordinary | 100% | 100/ |
| 2023 | Group | 2022 | Company 2023 |
2022 | ||
|---|---|---|---|---|---|---|
| Bank | loans | 77,170 | 106,084 | 23,505 | 33,203 | |
| Other | creditors | 14 1D4 91 274 |
25,035 131 119 |
141M ~37 18 |
25D36 52 239 |
| conciliation ofnet |
mo | vement in funds to |
net | cash Inflow from | operating activiti |
es |
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| 2 | 2 | |||||
| Statement of Financial | Activities: Net movement | in funds | (99,798) | 148,885 | ||
| Interest paid | 4,992 | 3,332 | ||||
| Depreciation | 18,215 | 20,933 | ||||
| (Increase)/decrease | in | stocks | (3,990) | (3,618) | ||
| (Increase)/decrease Increase/(decrease) |
in in |
debtors creditors |
50,249 79,300 |
6,051 ~(27,433 |
||
| Net cash (oufflow)/inflow from operating |
activities | 44,965 | 154.697 |
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