COMPANY REGISTRATION NUMBER: 03784507 CHARITY REGISTRATION NUMBER: 1111029 Combe Mill Society Company Limited by Guarantee Unaudited Financial Statements For the year ended 31 March 2023 *ACBKAT3 26107r2023 OMPANIES HOUSE
116
Combe Mill Society Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees. annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial aclivities (including income and expenditure account) Statement of financial position Notes to the linancial statements
Combe Mill Society Company Limited by Guarantee Truslees. Annual Report (Incorporatlng the Dlreclor's Report) Year ended 31 March 2023 The trustees, ¥b*KJ are also the directors for the purposes of company law. present their Terth and the unaudited linancial statements ol Ihe charity for the year ended 31 March 2023. Reference and administrative detalls Regiere charlly name Combe Mill &IetY Charily registraiion number 1111029 Comp•Thy registration number 03784507 Principal oflice •nd reglstered Blenheim Pdace Sawmills offlce LorKJ HanbUgh Oxlord5hiie OX29 BET The trustees P Hawtin A Simmons P Tre5 J Stu8rt-Thompson D Goddard M Gruber W Foster S Fosrer IResigned 20 May 20221 Independent examiner Andrew A Adams and Co Ltd Cherry House Pond Hill Slone51iehJ Witney Oxlordshire OX29 8PZ
Combe Mill Society Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlreclor's Report) (¢onNn&dJ Year ended 31 March 2023 1. Oblectlves and attl¥ltles Pury)ose The eharrty's objects I'objects'l are speryfully restricted lo the following lo advance the educatK)n ol the put4ic by Ihe operalion ol Combe Mill at Blenheim Palace Sawmill, Coml)e. Witney, OX29 8ET, demonstrating, recording preserving. praclising and disseminating the whole range ol skills in the conslruclion, maintenance. operation and associated activities ol water and sleam-powered mills. abng with items dectly a$slated with Combe Mill, Ihe Blenheim Eslate Oxlordshire. 2. to research, esrablish, restore. maintain aThJ equip Comi* Mill to demonslraie, improve and teach the design, construction. operation and use of water- and Stearn-Wered mills for the purpose ol the education of Ihe public, i¢yJeiher wilh the dissemination ol ihe resufts of any research conducted and to carry oui works lor improvement. develcfmnent and promotion of Combe Mill. Maln aclivities The Society's main activilies are those induded in the &oety's 0.ects quoted verbaiim above. Dire¢lors' conlinnation with respect to public beneflt The directors confirm that to the best ol their belief and knowledge that Ihe deosions that they have taken are in accordance wlh the Commission's gUan on public benefit. The chairman ol any meeb.ng ol the directors is responsible for adwsing ihe meeting. as and when necessary, as io the need lo conlomi lo Ihe Commisston's gulance. Addltional informatlon Combe Mill Society IThe Society) does not make grants or social investments as part ol ils charitab objectives. Tho Society has a tot rnembership ol approximately 1". ol whh haw are aclrve and. in a normal year, contribute to the maintenance and operation ol Combe Mill arKI demonstrate the working machinery and the supportiThJ craft skills to the wsrting public. In additi)n, whenever waclicatrje. visitors are encouraged lo try Iheir harKls at the various skills. For example.. 11 On Sieaming Sundays, working in the lor9e uTrJer one lo one supervisn with an experienced tacksMith, they can make a poker. 21 For a more in depth experierte a hall days tAacksmithing experwce is available: again working wilh an experienced blacksmith. 31 Altematively visitors Can sign up YOT a ham day beam engine driving course. On this course visitors learn about stationary steam englS and Iheir a¢e in industrial history.. as well as thiving the beam eThJine. 41 Visilors can try their hand at w(thlurnirKJ whenever there is a compelenl wood turner ryesent. 51 The Society's has small mechanicJ workshop. This albws visitors lo see how Victorian workshops operated. Our loNard plans envisage that visitors 11 be able to try Iheir hands at metal turning. Prior lo undertaking any ol Ihese activities visrtor5 are gwen a 5alety brieling that include5 the special risks associated with working with heritage machinery and t¢$. The above a¢b'Vil$ require visitors lo come lo the Mill. Some Members lake the Mill lo potenii'al visitors by giving lalks on the history ol the Mill lo other communty groups. Similar talks are Ven al the Mill when visitors arè present.
Combe Mill Society Company Limited by Guaranlee Trustees. Annual Report (Incorporating Ihe Director's Report) Year ended 31 March 2023 2. khievements and yrforfflance We had visits from five sch$ and several evening cl and scout visits. We also welcomed seven community group visits. A numtrr of talks were gNèn to lo¢al clubs and donations ieceived in return. Our major activity has been in the field ol STEM (a nationwide initiative lo awaken interest in Science, Technology. Er4Jineering and Mathema1}. The Sociely's aim is lo open Ihe minds ol the young and Iheir parents and guardians. The Mill continues to dèvelop as a recognised leisure destination for the local population which helps Ihe Trustees lo deliver the Society's charitable objectives and at the same lime provKles revenue to sustain our aclivilies. Additional Informalion The Society anned and delivered eTght steamirwJ events durirNJ 1¢h all machinery was in operation. 11 opened for viewing on Wednesdays between April and Ouobw when visitors could see volunteers at wot and lalk to th8rn atrKJul the work. Flnanclal revlew General Over the year ending March 3151 2023 the Stxiety Iwl an excess ol receipts over expenditure ol £7.330 compared with an excess of £4,164 in 2022. The Society generates income trom the sale ol admission tidtets, refreshments, aclivty exper1er¢s, Telail and the hire ol the riversKle lea room. Thg balance in Ihe Charits bank tsjrrent aecount al 3151 Mareh 2023 was £22,897. rhe reserves wlicy ot the Trustees is to aim at a situation where the Society has reserves that will allow it to meet its eore costs lor one year. The swiely's serve lund will t required lor future major MachIY and building maintenance or replacement costs. It Sto1 at £15.000.00 al ihe end ol the year. 11 is the Twslees policy that on-going rnwntena is met Irrm current irOMe. Expenditure Governance . Upkeep Charitable Activib'es 2022rzJ 2021r22 £8,170.51 £6,002 32 £8.342.19 £8.956.14 Source of funds: The costs of operab'rKJ the Mill as an industrial museum in accordarte wrth Ihe Societls Article ol Association is usually funded through admiss ehaTges and the sale of souveniis and refreshments, together vhlh the hire ol the lea room for meeiings and events. This season our income from charilable and lundiaising acbvities was £35.985. We received no grants duriry this financial year. Generous donations ITOM arK*nymws donors. Members and Frwds of Combe Mill Socièty. amounting lo £870 have been another source ol lunding. Girt M'd was recoverable on the majority ol Ihe funds receNed by ¢S)nalKJns.
Combe Mill Society Company Llmlted by Guarantee Trustees, Annual Report Ilncorporaling the Director's Report) Year ended 31 March 2023 Investment Pollcy: The Society's only invesiments con&st of bank deposils and no special SI1. environmental or ethical consideration arise. Additional Infomation: Principal rlsks faclng the charily: The Sociely's basic business model remains critically dependant on a adequate supply of suitably qualified volunieers. Historically this need has been mwnly sutplied by retired peisons who have ha(J the necessary technical training during iheir employment. The directors are aware that this is a diminishing resource due.to Ihe ¢hangiro structure ol industry. The Society now $9eks volunteers with appropriale basic skills and encourages them lo become members. The Society PrOvJeS them with the relevant specialised training. The directors are mindful ol the need to ensure financial pro. The Articles require that dire¢lors must prepare accounts lor each linawal year a5 required by the Companies Acts. The Directors keep accountir¥J records as required by relevant Companies Act and believe that the accounts.. Show a true and lair view. Follow accounting staThlards issued or athpled by Accounting StarKlards Board or its successors and Adhere to the reconmendatK)ns of appfuble Slalements ol Recommended Pract In Ofder lo meet Ihese requirements. Ihe directors prepare financial staternenls lor each financial year which give a true and lair view ol the state of affairs ol the company and ol its incoming resources and application ol resources of the company tor that peri(Kl. The (lireclors are responsible lor maintaining satisfactory Systems ol internal control and keeping proper accounting ieeords whh disclose wlh reasonable accuiacy al any time the financial posilion ol the company and to enable them to ensure that the h"nancial statements comply with the appropriate Companies Act and guMYance issued by Companies House. The tjireclors aTè also responsible lor safeguarding the assets of Ihe cornpany and hence for takiNJ reasonable steps lor the prevenlion ancl detection ol fraud other irregularities. So lar as the direciors a aware, there relevant inlormation ol which the accountants. who act as Independent Examiners. are unaware. The directors have taken all the steps that they OLbght t¢ have taken in order lo make themselves aware ol any revant audit information and lo establish that the accountants are aware ol that infomation. 4. SiructUTe, goveTnan¢e and managemenl Company status: The Sociely is a charitthe company limrted by guarantee and ils governir (hxument takes the form ol Articles ol Association. Appointment of dlrectors.. The Articles governing Ihe appointment ol directors are based on the proposals in the hAodel Arti extant in 2019. The arrangements remain Ihose summafised in the 2019120 Anwal Report. No direct is permitted to apFoinl an aiiemate director or anyone lo act on his or her behalf al meetings ol Ihe direct¢Jts. coPeration wilh other charltles.. A number ol charilies operale on land that is adjacent lo the Society's boundaries. It is the ol the directors lo co-operate 1h these charities insolar as the Society's thjects permit.
Combe Mill Society Company Limiled by Guaranlee Truslees. Annual Report (Incorporating the Director's Reportl fcontinuedj Year ended 31 March 2023 5. Funds held as custodian directors on behalf ot others None Éxemptions Irom disclosure None Name ol directors holding litle to property belonging lo the charity None 6. Declaratlons The company has taken advanlage ot the small companies. exemplion in weparing the report above. The diTe¢tors declare that they have approved Ihe Directors, Rep)rt above and have authorised the chairman lo sign it. Signed on beham ol the Society's Directors Stephen Foster Chairman Dated If11 ILS
Combe Mill Society Cornpany Limited by Guarantee Independent Examiner's Report to the Truslees of Combe Mill Society Year ended 31 March 2023 I report to the irustees on my examinat ol the linartial statements of Combe Mill Society I'the charity) lor the year ended 31 March 2023. Responsibilities and basis of report As the trustees ol the company land $0 its th"rectors fc the purw)ses ol company lawl you arè responsible for the preparatll ol the financial statements in accordance with Ihe requirements ol the Companies Act 20061'the 21X)6 Act'l. Having salislied myEell thal the accounts ol the comparry are rK)t required lo be audited under Part 16 ol the 2006 Act and are eligible lor independent examination, I report in reSpt ol my examination ol the charity's accounts as carrd out under section 145 01 the Charities Act 2011 ltthe 2011 Act'l. In carrying out my examination I have followed the Directw)ns gwen by Ihe Charity Commission under section 145lSllbl ol the 2011 Act. Independent examiner's statement I have eompleted my examination. I confirm that no matters have come io my attention in connedion wilh Ihe examinaiion giving me cause lo believe: accounting records were n(rt kept respect of the charity as required by section 386 01 Ihe the finala1 statements do not acccKd with those records.. or the financial slalemenls do not comply wlh Ihe accounting requirements ol Sectic 396 01 the 2006 Acl other than any requirement that the accounts give a 'true and lair. view whh is rK)l a maner crMsirJere(l as part of an iwndeni examinats"on; or the linarla1 statements have not been prepared in accordance with the methods and prineiples ol the Statement ol Recommended Prae lor accounting and reporting by charities applicthe lo charities preparing their accounts in accordance th the Financial Rep)rting SlaThJard aFWicatrAe in the UK and Rewbli¢ ol IrelaThJ IFRS 1021. I have no concerns and have come across other mallers in connection with the examination to which attention should be drawn in this rert in order lo enable a proper understanding ol the accounts io be reached. Anthew A Adams arKI Co Lid Independent Examiner 111 Cherry House Pond Hill Stonesfield Wiiney Oxlordshire OX29 8PZ
Combe Mlll Society Company Limited by Guarantee Slalemenl of Financial Activities {including income and expenditure accounl) Year ended 31 March 2023 2023 Unrestricted funds Total funds Total funds 2022 Income and endowments Donations and legacies Charitable activities Investment income 870 37.517 246 870 37.517 246 12,865 26,047 13 Total Income 38,633 38.633 38.925 Expenditure Expenditure on raising lund5'. Costs ol raising donaliorts and legacies Expenditure on charrtable aclivities Total expendilure 8.116 25.284 8.116 25,284 33.4[ 4.654 25,778 33.400 30.432 Net income and net movement In funds 5.233 8,493 Reconclllation of funds Toial funds brought fon¥ard Total funds carried fon¥ard 45,420 45,420 36,927 50.653 50.653 45.420 The slaternent ol financial activitr.es includes all gains and bsses regniSed in Ihe year. All income and expeThJituie dèrbve from conlinuing activities. The no¢es on pages 9 to 15 fom part ol these financial statements.
Combe Mlll Society Company Limited by Guarantee Slalemenl of Financial Position 31 March 2023 2023 2022 Fixed assets TaThJible fixed assets 15 9,920 12.028 Currenl assets stks Cash al bank arKI in harKI 16 3.229 38.604 2,903 31,489 41.833 34,392 Credltors: wnounts falllng due wlthln one year Net Crn1 assets 17 1.100 1.000 40.733 33,392 Total assels less currèN Ilabilities 50.653 45,420 Net assets 50,653 45,420 Fund$ ol the eharity Unreslricted funds 50.653 50,653 45.420 Total ¢harlty lund$ 45,420 For the year ending 31 March 2023 the charily was entrtled to exemption from audit under section 477 ol the Companies Act 2006 relating lo small companies. Directors, reswnsiknlities.. The members have not required the comparry to obtain an audit of its linancwl statements lor the year in queStn in accofdance wilh section 476. The directS acknowledge their reSponsilItieS for complying wlh the requirgments ol the Act wrth respect to accounting records arKI the weparation of linanciat statements. These financial statements have been Prepared in aceoTdarte with the prowsions applicablg to cornparies subj.ect lo the small companies. regime. rhe nancial staiemenls were approved by the toard of trustees and aulhorised lor issue on L3. ..., and are swJned on behall ol the board by.. P Troe$ Trustee The notes on pwjes 9 to 15 forni pgrt ol these final11 stalement&
Combe Mill Society Cornpany Limited by Guarantee Noles lo the Financial Statements Year ended 31 March 2023 General information The charity is a public benefft entity arhj a private company limiied by guarantee, registered in England and Wales and a register&1 charity in ErrfJland and Wales. The address ol Ihe registered office is Blenheim Palxe Sawmills, LorwJ HanrOUgh, Oxlordshire, OX29 8ET. Statement ot compllan¢e These financial statements have been PrePad in COMllnCe wrth FRS 102, 'The Financial Reporting stalaT(s appliCae in the UK and the Republ ol Ireland,, the Statement ol Recommended Practice aOicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK aThJ Republic ol IrelaThY IFRS 1021 Icharilps SORP IFRS 10211 and the Companies Act 2006. Accounting pollcles Basls ol preparation The financial statemenis have been prepared on thè historical cost basis, as modified by the revaluation ol certain financial assets and liabilit and investment propenies measured at lair value through income or exFeThJiture. The financial statements are prepafed in slediThJ. whh is the lunetional eurrerty of the enlily. Going concom There are no material urKertainiies a1 the ChanIS atxlity to continue. Disclosure exemptions None. Judgements and key sources of estlm*lon uncertainty In the application of ihe Charity's accounting policie5, the trustees are required to make judgements. estrmales arKI as5umptKJns about the carrwng amoLTrnt ol assets and liabilities that are not readily apparert from er sources. The esiimaies and associaied assumptions are base(l on historical experience and other fadors Ihat are considered to be relevant. Acttjal results rnay dilfer Irom these eslimales. The estimate5 and underlwng assumpttons are revbewed on an ongoing basis. Revisions to accouniino eslimales are recconised in the Feriod in whth the ests.mate is revised where the revision alle¢ts only that period. or in the period ol Ihe rewsion artl future peric¥ds whgre the revigon allects both eurreni an¢J futu perths.
Combe Mlll Society Company Limiled by Guarantee Noles to Ihe Financial Stalemenls (e0nthdj Year ended 31 March 2023 Accounllng pollctes (¢¢rfthlj Fund o¢¢ountlng Unreslricled funds are available lor use at the discretion ol the trustees lo further any ol the charlls wrposes. Designated fun(Js are unreStrted funds earmathl by the Irustees lor particular lulure project or commitment. Reslrieted funds are suty"ected to reslricb'ons on their expenclilure declared by the donor or through the terms ol an appeal. and fall inlo one of iwo sub-classes.. Sted income lunds or endowment funds. Incomlng resour9 All incomirMJ resources a inclLJed in the stalement of financial activities when entillemenl has passed lo the charity- il is probable that the economic benefits assrKiated with the transaction will flow lo the charity arJ Ihe amount can be reliably measured. The lollowiThJ specific policigs are applied io paflicular categories ol income.. income from dOnalrS or grants is recognised when there is evJence of enlillemenl lo the gift. receipi is probaue and its amounl can be measured rel1y. legacy Iorne is re¢ognised when receipt is probabbe and entrtlemenl is established. income from donated g($ is measure(l al the lair value ol the goods Un$$ this is impractical lo measure reliably. in whh case the value is derived from the cosl lo the donor or the estimated resale value. Donated facilities and services are recogni5ed in the accounls when received il the value can b8 rdiably rneasured. No amounts are included for the Contribulion ol general volunleeTS. income from contracts lor the supply ol services is recojnised with the delivery of the contracted service. This is classilied as unrestricte(I funds unless Ihere is a contractual requirement lor il io be spenl on a particular Plfyrr and returned rf unspent, in which case it may be regarded as restricted. 10-
Combe Mill Society Company Limited by Guarantee 14oles to the Flnancial Statements (c{1d} Year ended 31 March 2023 Accounllng policies ¢¢onth) Resources expended Expenditure is recognised on an accwals basis as a liability is incuired. Expenditure includes any VAT which cannol be lully recovered, and is da5silied under headiThJ5 of th8 statemenl ol linwKial activities to whh it rdates= expernlrture on raising funds includes the costs ol a51 lundfaising actMl*s. events. non-charitable trading acb"vrties. and the sale ol thfynated goods. expenditure on Char[tab activrties IrudeS all costs incurred by a charity in und9rtaking activities that further its charitable aims lor the ben81rt ot its beneflarIe5. including those support costs and costs relating to the govemance ol Ihe charity aFWrtioned to charitabl8 activities. other expeIllure includes expenditure that ts neither related to raising funds lor the charity nor part ol its expenditure on charitable activit$. I costs are allrtaied to experKliture categories reflecting the use of the resource. Direct costs attributable to a single activity are althaled directly to that activity. Sharecl cost5 are appoth'oned between the acliwlies they contribule to on a reasonable, iusb"lialJe and )nSIstEnt basis. Tangible assets Tangible assets are initially recorded al cost. and subsequently slated al cost less any accumulated depreciation and irnpairment losses. Any tangible assets carried al revalued amounts a recorded al the lar value al the dale ol revaluaiion less any subsequent a¢¢umulated depreciation arKI sut)sequent accumulated imparment losses. An increase in Ihe carrying amount of an asset as a result ol a revalualion, is recognrsed in other recognised gains and losses. unless it reverses a charge lor ifflpajrment that has previously been recognised as expenditure within the statement ol financial a¢tivities. A decrease in the carrying amount ol an asset as a result of revaluation, is recognised in other fecognised gains and k)sses, except to whh it offsets any previous revaluation gain, in %thich case the loss is shown wilhin other recognised gains and losses on ihe stslement ot linancial activiiies. Depreclatlon Depreciation is calculated so as lo write off the cost or valuation of an assel, less its SidUal value, over the useful economic IFle ol that assel as lollows.. Plant and machinery 20% reducing balance Impairment of fixed assets A review lor indieators of impaimienl is carried out at each reporting dale, with the recoverable amount beiNJ eslimale(1 where such indicators exist. Where Ihe carying value exceed5 the recoverable amount, the asset is impaired accordingly. Prmy impwrmenls are also reviewed lor possible reversal at each reporting date.
Combe Mill Society Cornpany Limited by Guarantee Notes to the Financial Statements (cvnthwdj Year ended 31 March 2023 Accounllng policies (¢0) Impalmient ol lixed assets (coniinwd) For the purposes ol impaiment testing, when il is not F#)ssible to estimate the T0Verable amount ol an individual assel. an estimate is made ol the recoveraue amount ol ihe cash-generaling unil lo which the asset tebrrfJ5. The cash-generating unit is the smallest idenliliable group ol assets that includes the assei ar generates cash inflows that largely independent ol thè Cash inflows trom other assets or groups ol assets. For impaimienl lesiin9 of goodwill. the goodwill acquired in a bLtsiness coml)inalion is. from the acquisition dale. loCated lo each ol Ihe cash4Jeneraling units that are expected to b8nelil from the synergies ol the combinaiion, irrespeclNe of whether other assets or liabilities ol the charily are assigned to those units. Siocks Slocks are measure(l al the k)wer ol cost aThY eslimated selling price less costs lo Compte and sell. Cost includes all costs ol purchase. eosts ol eonversK)n and othe¥ costs incurred in bringiwJ the stock to its present location and condition. Financlal instruments A financial asset or a financial h'ability ts reeognised only when the charily becomes a party lo the contractual prOlS1On$ ol the inslrument. 8a5ic financial instTumerts ale iniliJly recognised at the amount receivable or payable including any related transaction costs. Currenl assets and current liaknlilies are subsequently measured al the cash or other onsideralion expected lo be paKI or receive(l arKI not dt%ounted. Debt instruments are subsequenuy measured al amortised cosl. Where investments in shares are publicly traded OT Iheir far value can otherwise be measured reliably. the investmenl is subsequenwy measured at tair value wlh changes in lair VlIe recognised in irtome and expetKliture. All other such investments are subsequently measured at cost less impairment. Other finanual instrumerts, InelLlng derNaiFves, are inrtially recognised at lair value. unless payment lor an asset is deferred beyorKI normal business terms or financed at a rate of interest that is not a maFket rate, in which case the asset is measured at Ihe present value ol the luture payments discounted at a market rate of interest for a sifflilar debt instrument. Other finala1 instruments are subse¢wendy measured at laii value, th any ¢han9gS reeogni5ed in the statement of linancial activib'es. with the exception ol hedgirKJ instruments in a desKJnaled hedging relationship. Financial assets Ihat are measured al cost or amortised cost are fewewed lor objective evidence ol iwnpairment the end ol each reporting dale. 11 there is olieclive evidence ol impairment, an impairment loss is recognised urKJer the appropriate heading in the slalement ol financial activities in which ihe initial gain was recognised. 12-
Combe Mill Society Company Limlled by Guaranteè Notes to Ihe Financial Statements Year ended 31 March 2023 Accounting policies icooiinuvd) Financlal Instruments For all equily instruments regardless ol signillcare. other financial assets that are individually signrficanl, these are assessed inclividually tor impairment. Other finarla1 assets are either assessed indwKJually or groupgj on Ihe basis ol similar credit risk charaderistics. Any reversals ol impairment are Tecognised immediately. to the extent that the reversal does noi r9suIt in a carrying amount ol the financial assel that exeeeds what the carrying amoLsnt would have been had the impairment not weviously been recogni%ed. Llmiled by guarantee Combe Mill Swely is a private company limile(I by guarantee. wTrthout share capital. Donations and legaci Unrestricted Total Funds Unrestricted Total Funds Funds 2023 FUTh 2022 Oonation$ oonab.ons gills 870 870 912 912 Grants Other general gTrnls 11.953 11.953 870 870 12.865 12.865 Charitable actlvltles UnstriCted Total Funds Unrestricted Total Funds FuThJs 2023 FurKts 2022 Sales wrthin charitable aclivilies Other income from charitable activrties 37.222 295 37.222 295 25,851 25.851 196 37.517 37.517 26.047 26,047 Investment incorn8 Unrestricted Total Funds Unrestricled Total Funds FuThts 2023 Funds 2022 Interesl receivable 246 246 13 13-
Combe Mill Society Company Limited by Guarantee Notes to the Financlal Statements (conthm Year ended 31 March 2023 Costs of raising donallons and legacles UnTestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Opentng slcck Purchases Shop SupleS Ckjsing strtk 2.903 1,854 2.903 1.854 6.588 13.2291 8.116 2.237 1.414 3,6 {2,9031 4,654 2,237 1.414 3.6 12.9031 4,654 13,2291 8.116 Expenditure ort charitable adivities by lund typè untred Total Funds Unreslricled Total Funds FurKIs 2023 Funds 2022 Charitable adivities Support costs 24,169 1.115 24,169 1.115 24.755 1.023 24.755 1,023 25.284 25.284 25,778 25.778 10. Analysis of support costs Analysis ol support COSIS Total Total 2022 Governance tt*Sts 1.100 1.100 1.000 11. Net Income Nel income is staled after Charg1(cleditirOl. 2023 2022 Depreciation ol larKJit4e fixed assets 2,478 3,(6 12. Independent examlnatlon lees 2023 2022 Fees payable lo the independenl examiner for= Independent examination of Ihe finanual staiemenis 1.CQO 13. Staff costs The average hea(1 count ol emF4oyees duriro the year was Nil12022.. NII. No empk)yee receNed emF4oyee teneffts ol rn6 than £60,000 dUrij the year12022.. Nill. 14-
Combe Mill Society Company Limlled by Guaranlee Notes lo Ihe Flnanclal Statements iwilh¥x¢l) Year ended 31 March 2023 14. TNstee remuneratlon and expenses None of the trustees lor any persons connected with them) recwved any remuneratiDn or beneliis Irom the charity Ihe year. IS. Tangib flxed a$%ls Plant and machinery At 1 11 2022 Athyilions 34,491 370 At 31 March 2023 34.861 Depreclatlon At 1 April 2022 Charge lor the year Al 31 March 2023 2,478 24.941 Carrying amount At 31 March 2023 9.920 At 31 March 2022 12.028 16. Stocks 2023 2022 Raw maleri$ and consurnables 2,3 17. Croditors: amounts falling due within one year 2023 2022 AccrLJals and d¢lerred irKome 1,100 1.000 18. Related parties There were no dtsclosable related paty transac1n$ durirKJ Ihe year12022- no1. 15.