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2023-04-05-accounts

for the Year Ended 6April 2023
2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes P P
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 117,712 117,712 138,188
Charitable
activities
Management
and adminstration		 11,500
Investment
income		 58,929 58,929 41,469
Total 176,641 176,641 191,157
EXPENDITURE ON
t Charitable
activities
Management
and adminstration		 139,900 139,900 114,751
Net gains on investments 50,000 50,000 60,358
NET INCOME 86,741 86,741 136,764
RECONCILIATION
OF FUNDS
Total funds brought
forward		 1,273,806 1,273,806 1,137,042
TOTAL FUNDS CARRIED FORWARD 1 360547 1,360,547 1,273,806

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes F E
FIXEDASSETS
Tangible assets 7 1,257,487 1,257,487 1,208,255
CURRENT ASSETS
Debtors 45,619 45,619 28,606
Cash at bank and in hand 120057 120,057 102,164
165,676 165,676 130,770
CREDITORS
Amounts
falling due within one year		 9 (12,877) (12,877) (18,032)
NET CURRENT ASSETS 152799 152799 112,738
TOTAL ASSETS LESSCURRENT
LIABILITIES 1,410,286 1,410,286 1,320,993
CREDITORS
Amounts
falling due after more than one year 10		 (49,739) (49,739) (47,187)
NET ASSETS 1,360 547 — 1 36D 547 1 273 806
FUNDS 12
Unrestricted
funds		 1,36D,547 1,273 806
TOTAL FUNDS 1 36D 547 1,273 806

The average
monthly
number o		 femp loyees
during the year		 was as follows:
2023 2022
Staff 2 2
No employees
received emoluments		 in excess ofF60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
F F
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 138,188 138,188
Charitable
activities
Management
and adminstration		 11,500 11,500
Investment
income		 41469 41 469
Total 179,657 11 500 191 157
EXPENDITURE ON
Charitable
activities
Management
and adminstration		 103251 11,5DD 114751
Net gains on investments 60,358 60 358
NET INCOME 136,764 136,764
RECONCILIATION
OF FUNDS
Total funds brought
forward		 1,137,042 1,137,042
TOTAL FUNDS CARRIED FORWARD 1,273,8D6 - 1,273 806

TANGIBLE FIXEDASSETS
Fixtures
Freehold and
property fittings Equipment Totals
E f. E
COST OR VALUATION
At 6 April 2022 1,200,000 37,248 28,962 1,266,210
Additions 1,787 1,787
Revaluations 50,000 50,000
At 5 April 2023 1,250,000 37,248 30,749 1,317997
DEPRECIATION
At 6 April 2022 35,637 22,318 57,955
Charge for year 447 2,108 2,555
At 5 April 2023 36,084 24,426 60,510
NET BOOK VALUE
At 5 April 2023 1,250,000 1,164 6,323 1,257,487
At 5 April 2022 1,2DD 000 1,611 6,644 1,2D8 255
Cost or v alua tion
at 5 April 202		 3 is represented
by:
Fixtures
Freehold and
property fittings Equipment Totals
F F
Valuation in 2020 (388,182) (388,182)
Valuation in 2021 (118,893) (118,893)
Valuation in 2022 39,717 39,717
Valuation in 2023 50,000 50,000
Cost 1,667,358 37,248 30,749 1,735,355
1,250,00D 37,248 3D,749 1 317997

DEBTORS:A MOUNTS
FALLING DUE WITHIN ONE Y		 EAR
2023 2022
E.
Other debtors 43,931 26,956
Prepayments and accrued income 1,688 1,650
45,619 28,6D6


for the Year Ended 6April 2023
for the Year Ended 6April 2023
for the Year Ended 6April 2023
for the Year Ended 6April 2023
for the Year Ended 6April 2023
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
E
Bank loans and overdrafts (see note 11) 2,813
Accruals and deferred income 12,877 15219
12,877 18 D32
10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
F
Bank loans (see note 11) 49739 47187
11. LOANS
An analysis ofthe maturity of loans is given below:
2023 2022
E
Amounts
falling due within		 one year on demand:
Bank loans 2813
Amounts
falling between		 one and two years:
Bank loans
—1-2years		 5609 5,625
Amounts
falling due between		 two and five years:
Bank loans - 2-5 years 6,903 16876
Amounts
falling due in		 more than five years:
Repayable
by instalments:
Bank loans more 5yr by instal 37,227 24,686
12. MOVEMENT
IN FUNDS
Net
movement At
At6.4.22 in funds 5.4.23
Unrestricted
funds
General
fund		 1,273,806 86,741 1,360,547
TOTAL FUNDS 1 273 806 86 741 1 36D.547
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Gains and Movement
resources
E		 expended losses
f		 in funds
E
Unrestricted
funds
General
fund		 176,641 (139,900) 50,000 86,741
TOTAL FUNDS 176641 ~139900i 50000 86741

Compar atives for movement
in funds
Net
movement At
At 6.4.21 in funds 5.4.22
E E E
Unrestricted funds
General fund 1,137,042 136,764 1,273,806
TOTAL FUNDS 1 137042 136764 1 273 806
Comparative net mo vem ent
in funds,
in		 cluded
in the above		 are as follows:
Incoming Resources Gains and Movement
resources
E		 expended losses
f		 in funds
Unrestricted funds
General
fund		 179,657 (103,251) 60,358 136,764
Restricted funds
Letchworth Garden City Heritage
Foundation 11,500 (11,500)
TOTAL FUNDS 191 157 ~114751) 60358 136764
A curren t yea r 12 months and prior year 12 months combined
position
is		 as follows:
Net
movement At
At 6.4.21 in funds 5.4.23
F
Unrestricted funds
General fund 1,137,042 223,505 1,360,547
TOTAL FUNDS 1,137042 223 505 1 360547
Incoming Resources Gains and Movement
resources expended losses in funds
E F E E
Unrestricted funds
General
fund		 356,298 (243,151) 110,358 223,505
Restricted funds
Letchworth Garden City Heritage
Foundation 11,500 (11,500)
TOTAL FUNDS 367,798 (254,651) 110,358 223,505