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2022-07-31-accounts

Report ofthe Trustees I to 2
ladependent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet 5 to 6
Notes to the Financial Statements 7 to 14

FOR THE YEAR ENDED 31JULY 2022
2022 2021
Unrestricted Restricted Total Total
fund fund funds funds
Notes f,
INCOME AND ENDOWMENTS FROM
Donations and legacies 44,497 46 44,543 53,064
Charitable activities
General 17,737 17,737 38,084
Other tradmg
activities		 86,216 86,216 43,701
Investment income 11 ll 21
Total 148461 46 ~148507 134870
EXPENDITURE ON
Raising funds 24,080 24,080 20,402
Charitable activities
General 104,379 104,379 102,889
Other ~7123 ~7123
Total 135,582 135582 123291
NET INCOME 12,879 46 12,925 11,579
RECONCILIATION OF FUNDS
Total funds brought forward 73,219 228,892 302,111 290,532
TOTAL FUNDS CARRIED FORWARD 86 098 228 938 315036 302 111

31JU LY 2022
2022 2021
Unrestricted Restricted Total Total
fund fund funds funds
Notes E
FIXEDASSETS
Tangible assets 71,639 400,000 471,639 454,946
CURRENT ASSETS
Stocks 10 31,300 31,300 38,300
Debtors ll 4,614 4,614 3,761
Cash at bank 39,433 405 39838 59947
75,347 405 75,752 102,008
CREDITORS
Amounts
fallmg due within		 one year 12 (52,324) (11,628) (63,952) (61,671)
NET CURRENT ASSETS 23 023 ~II 223) 11800 40337
TOTAL ASSETSLESSCURRENT
LIABILITIES 94,662 388,777 483,439 495,283
CREDITORS
Amounts
fall mg due after more than one year		 13 (8,564) (159,839) (168,403) (193,172)
NET ASSETS 86 098 228 938 315036 302 111
FUNDS 15
Unrestricted
funds		 86,098 73319
Restricted funds 228 938 228,892
TOTAL FUNDS 315036 302 111

Library 5%on cost
Fixtures and fittings 10%on reducing balance
Computer equipment 25% on reducing balance

OTHER TRADING A CTIVITIE S
2027 2021
Cafi!, shop and rental g6 216 43.701
INVESTMENT INCOME
2022 2021
f
Deposit account interest ll 21
RAISING FUNDS
Investment
management		 costs
2022 2021
Property
reps and maintenance		 5 692 5 6go
NET INCOME/(EXPENDITURE)
Net resources are stated atter charging (credtttngh-
2020 2019
Depreciation 945 I ttN
TRUSTEES' REMUNERATION AND BENEFITS

The average monthly
number ofemployees
during
the		 year was as follows:
2022 2021
SupportstaA 4 3

Unrestricted Restricted Total
fund fund funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 52,807 257 53,064
Charitable
activities
Gcncral 38,084 38,084
Other trading activities 43,701 43,701
Investment
income		 21 21
Total 134613 257 134870
EXPENDITURE ON
Raising funds 18,527 1,875 20,402
Charitable
activities
General
Total		 92966
~111493		 9923
~11798		 102889
~123291
NET INCOME/(EXPENDITURE) 23,120 (11,541) 11,579
Transfers
between
funds		 ~11541) ~11541
Net movement
in funds		 11,579 11,579
RECONCILIATION OF FUNDS
Total funds brought forward 61,640 228,892 290,532
TOTAL FUNDS CARRIED FORWARD ~73 219 228 892 ~302 III

TANGIBLE FIXEDASSETS
Improvements
Freehold to
property property Library
COST
At
1 August
2021		 400,000 37,984 5,865
Additions
At 31 July 2022		 4011.000 17350
~55 334		 ~5865
DEPRECIATION
At I August 2021 1,300
Charge for year 293
At 31 July 2022 1,593
NET BOOK VALUE
At 31 July 2022 400 000 55 334 4 272
At 31 July 2021 400.000 37984 4 565
Fixtures
and Computer
fittings equipment Totals
COST
At I August 2021 19.052 5,708 468,609
Additions 375 1 330 19055
At 31 July 2022 19427 7 038 487 664
DEPRECIATION
At
1 August
2021
Charge for year
At 31 July 2022		 9,714
971
10685		 2,649
~1098
~3747		 13,663
~2362
16025
NET BOOK VALUE
At 31 July 2022 8 742 3 291 471 639
At 31 July 2021 9338 3 059 454 946

10. STOCKS
2022 2021
Finished goods 31300 38.300
11. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
f
Trade debtors 4,614 824
Other debtors 2 937
4614 3 761
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
Bank loans and ovcrdmfts (sccnote 14) 6,713 6,667
Trade creditors 8,990
Social secunty and other taxes 378
Other creditors 16,794 16,794
Pension creditor 228
Accruals and dcfcrrcd income ~30849 38.210
63952 61 671
13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
Bank loans (see note 14) 26,404
Other creditors 46,512 46,512
Other creditors 95487 113327
168403 193 172
14. LOANS
An analysis ofthe maturity of loans is given below:
2022 2021
f.
Amounts
falling		 duc within onc year on demand:
Bank overdratts 46
Bank loans ~6667 ~6667
6713 6 667
Amounts
falling		 due between two and five years:
Bank loans
—2-5 years		 ~26 404

MOVEMENT
IN FUNDS
Net
movement At
At 1.8.21 in funds 31.7.22
Unrestricted
funds
General fund 73,219 12,879
Restricted
funds
Restricted Fund 228,892 46 228,938
TOTAL FUNDS 302 111 12,925 ~315 036
Net movement
in funds, included		 in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General
fund		 148,461 (135,582) 12,879
Restricted
funds
Restncted I und 46 46
TOTAL FUNDS 148.507 ~135582) 12 925
Comparatives
for movement		 in funds
Nct Transfers
movement between At
At 1.8.20 in funds funds 31.7.21
Unrestricted
funds
Gcncral fund 61,640 23,120 (11,541) 73,219
Restricted
funds
Restricted
Fund		 228,892 (11,541) 11,541 228,892
TOTAL FUNDS 290 532 ~ll 579 302, 111

Incoming Resources Movement
resources expended in funds
Unrestricted
funds
Gcncral fund 134.613 (111,493) 23,120
Restricted
funds
Restricted
Fund		 257 ( I 1,798) (11,541)
TOTAL FUNDS ~134870 123 291 11 579
A current year 12 months and prior year 12 months combined position is as follows;
Net Transfers
movement between At
At 1.8.20 in funds funds 31.7.22
Unrestricted
funds
General
fund		 61,640 35,999 (11,541) 86,098
Restricted
funds
Restricted
Fund		 228,892 (11,495) 11,541 228,938
TOTAL FUNDS ~290 532 ~24 504 ~315036
Incoming Resources Movement
resources expended in funds
f.
Unrestricted
funds
General
fund		 283,074 (247,075) 35,999
Restricted
funds
Restncted
Fund		 303 (11,798) (11,495)
TOTAL FUNDS 283377 ~258 873) 24 504