Registered number: 4540779
**MARDYKE YOUTH AND COMMUNITY ASSOCIATION DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
KST ACCOUNTANTS
INCORPORATED FINANCIAL ACCOUNTANTS
104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
## **MARDYKE YOUTH AND COMMUNITY ASSOCIATION Directors' Report and Unaudited Financial Statements For The Year Ended 31 December 2022**
|**Contents**||
|---|---|
||**Page**|
|Company Information|1|
|Directors' Report|2|
|Accountants' Report|3|
|Income and Expenditure Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6—7|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|8|
**MARDYKE YOUTH AND COMMUNITY ASSOCIATION Company Information For The Year Ended 31 December 2022**
|**Directors**|Mrs Irene Lesley Blowers|
|---|---|
||Mr John Grant|
||Mr Richard Murton|
||Ms Brenda Addison|
||Mr Trevor McKeever|
||Mr Ross Elliott|
|**Company Number**|4540779|
|**Registered Office**|Mardyke Community Centre,|
||South Street,|
||Rainham,|
||Essex,|
||RM13 8PJ|
|**Accountants**|KST ACCOUNTANTS|
||INCORPORATED FINANCIAL ACCOUNTANTS|
||104 NORTHWOOD AVENUE|
||ELMPARK|
||ESSEX|
||RM12 4PX|
Page 1
## **MARDYKE YOUTH AND COMMUNITY ASSOCIATION Company No. 4540779 Directors' Report For The Year Ended 31 December 2022**
The directors present their report and the financial statements for the year ended 31 December 2022.
## **Statement of Directors' Responsibilities**
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors 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 the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently; make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors 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.
## **Directors**
The directors who held office during the year were as follows: Mrs Irene Lesley Blowers Mr John Grant Mr Richard Murton Ms Brenda Addison Mr Trevor McKeever APPOINTED 01/01/2022 Mr Ross Elliott APPOINTED 01/01/2022
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Ms Brenda Addison
Director
15/03/2023
Page 2
## **MARDYKE YOUTH AND COMMUNITY ASSOCIATION Accountants' Report For The Year Ended 31 December 2022**
In accordance with the engagement letter dated 07 October 2015, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2022 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
## **KST Accountants**
15/03/2023
KST ACCOUNTANTS INCORPORATED FINANCIAL ACCOUNTANTS 104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
Page 3
## **MARDYKE YOUTH AND COMMUNITY ASSOCIATION Income and Expenditure Account For The Year Ended 31 December 2022**
|**Notes**
**TURNOVER**
**GROSS SURPLUS**
Administrative expenses
Other operating income
**OPERATING SURPLUS**
Other interest receivable and similar income
**SURPLUS FOR THE FINANCIAL YEAR**|**2022**
**£**
65,118
65,118
(62,164)
-
2,954
4
2,958|**2021**
**£**
32,539|
|---|---|---|
|||32,539
(53,278)
33,102|
|||12,363
1|
|||12,364|
The notes on pages 6 to 7 form part of these financial statements.
Page 4
**MARDYKE YOUTH AND COMMUNITY ASSOCIATION Balance Sheet As at 31 December 2022**
|**Notes**
**FIXED ASSETS**
**CURRENT ASSETS**
Debtors
**4**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**5**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2022**
**£**
**£**
2,502
53,451
55,953
(1,701)
54,252
54,252
54,252
54,252
54,252|**2022**
**£**
**£**
2,502
53,451
55,953
(1,701)
54,252
54,252
54,252
54,252
54,252|**2021**
**£**
**£**
2,204
52,506
54,710
(3,416)
51,294
51,294
51,294
51,294
51,294|**2021**
**£**
**£**
2,204
52,506
54,710
(3,416)
51,294
51,294
51,294
51,294
51,294|
|---|---|---|---|---|
|||54,252||51,294|
||55,953
(1,701)||54,710
(3,416)||
||||||
|||54,252||51,294|
|||54,252||51,294|
|||54,252||51,294|
|||54,252||51,294|
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Ms Brenda Addison Director
15/03/2023
The notes on pages 6 to 7 form part of these financial statements.
Page 5
## **MARDYKE YOUTH AND COMMUNITY ASSOCIATION Notes to the Financial Statements For The Year Ended 31 December 2022**
## 1. **Accounting Policies**
## 1.1. **Basis of Preparation of Financial Statements**
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## 1.2. **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
## **Sale of goods**
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
## **Rendering of services**
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
## 1.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
## Fixtures & Fittings 0
## 2. **Average Number of Employees**
Average number of employees, including directors, during the year was: 2 (2021: 2)
## 3. **Tangible Assets**
|**Cost**
As at 1 January 2022
As at 31 December 2022
**Depreciation**
As at 1 January 2022
As at 31 December 2022
**Net Book Value**
As at 31 December 2022
As at 1 January 2022
.
**Debtors**
**Due within one year**
Trade debtors|**2022**
**£**
2,502
2,502|**Fixtures &**
**Fittings**
**£**
27,882|
|---|---|---|
|||27,882|
|||27,882|
|||27,882|
|||-|
|||-|
|||**2021**
**£**
2,204|
|||2,204|
## 4. **Debtors**
Page 6
## **MARDYKE YOUTH AND COMMUNITY ASSOCIATION Notes to the Financial Statements (continued) For The Year Ended 31 December 2022**
## 5. **Creditors: Amounts Falling Due Within One Year**
|.
**Creditors: Amounts Falling Due Within One Year**|||
|---|---|---|
|Trade creditors
Muga Funds held|**2022**
**£**
1,701
-
1,701|**2021**
**£**
1,672
1,744|
|||3,416|
## 6. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
## 7. **General Information**
MARDYKE YOUTH AND COMMUNITY ASSOCIATION is a private company, limited by guarantee, incorporated in England & Wales, registered number 4540779. The registered office is Mardyke Community Centre, , South Street, , Rainham, , Essex,, RM13 8PJ.
Page 7
**MARDYKE YOUTH AND COMMUNITY ASSOCIATION Detailed Income and Expenditure Account For The Year Ended 31 December 2022**
|**TURNOVER**
Facilities Hire
Fundraising & Donations
Kitchen
Sundry Income
Public Hire
Rental income
Income Activity week inc
**GROSS SURPLUS**
**Administrative Expenses**
Wages and salaries
Travel expenses
Rent
Light and heat
Cleaning
Kitchen Expenses
Supplies & Equipments
Events
Utilities
Repairs, renewals and maintenance
Insurance
Printing, postage and stationery
Advertising and marketing costs
Telecommunications
Accountancy fees
Legal fees
Sundry expenses
**Other Operating Income**
Job retention scheme income
Other coronavirus grant income
**OPERATING SURPLUS**
**Other interest receivable and similar income**
Bank interest receivable
**SURPLUS FOR THE FINANCIAL YEAR**|**2022**
**£**
**£**
43,877
11,058
2,008
467
5,789
1,744
175
65,118
65,118
32,324
-
4,385
-
1,906
9
8,286
2,203
4,287
3,535
2,319
306
-
1,592
800
194
18
(62,164)
-
-
-
2,954
4
4
2,958|**2022**
**£**
**£**
43,877
11,058
2,008
467
5,789
1,744
175
65,118
65,118
32,324
-
4,385
-
1,906
9
8,286
2,203
4,287
3,535
2,319
306
-
1,592
800
194
18
(62,164)
-
-
-
2,954
4
4
2,958|**2021**
**£**
**£**
25,222
3,516
712
-
3,089
-
-
32,539
32,539
28,038
1,862
4,385
484
1,723
257
989
1,332
4,337
4,364
2,191
453
339
-
770
206
1,548
(53,278)
13,102
20,000
33,102
12,363
1
1
12,364|**2021**
**£**
**£**
25,222
3,516
712
-
3,089
-
-
32,539
32,539
28,038
1,862
4,385
484
1,723
257
989
1,332
4,337
4,364
2,191
453
339
-
770
206
1,548
(53,278)
13,102
20,000
33,102
12,363
1
1
12,364|
|---|---|---|---|---|
|||65,118
65,118
(62,164)
-||32,539
32,539
(53,278)
33,102|
||-
-||13,102
20,000||
||4||1||
|||2,954
4||12,363
1|
||||||
|||2,958||12,364|
Page 8
|Charity Name
MARDYKE YOUTH AND COMMUNITY ASSOCIATION|Charity Name
MARDYKE YOUTH AND COMMUNITY ASSOCIATION|1112011|1112011||
|---|---|---|---|---|
|||4540779|||
|Annual accounts for the period|||||
|Period start date|**01/01/2022**|Period end
date|31/12/2022||
## **Section A Statement of financial activities (including summary income and expenditure account)**
|Guidance Note
0
S01
S03
0
S05
0
S07
**Expenditure (Notes 6)**
**Expenditure on:**
0
S08
0
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of funds:_**
S23
S24
Gains and losses on revaluation of fixed assets for the charity’s own
use
Charitable activities
Separate material expense item
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**_Net movement in funds_**
Total funds brought forward
**Other recognised** **gains/(losses):**
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
**Net income/(expenditure) before tax for the**
**reporting period**
Raising funds
Separate material item of income
Other
Other
Covid related grants
Charitable activities
Other trading activities|**Unrestricted**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
F01
F03
0|**Unrestricted**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
F01
F03
0|**Unrestricted**
**funds**
**Endowment**
**funds**
**Total funds**
**£**
**£**
**£**
F01
F03
0|**Prior year**
**funds**
**£**
F05|
|---|---|---|---|---|
||8,818|-|8,818|3,516|
||175|-|175|-|
||-|-|-|-|
||-|-||33,102|
||-|-|-||
||56,129|||29,023|
||65,122|-|65,122|65,641|
||-||||
||2,203|-|2,203|-|
||-|-|-|-|
||||||
||59,962|-||53,280|
||62,165|-|62,165|53,280|
||||||
||2,957|-|2,957|12,361|
||~~-~~|~~-~~|-|~~-~~|
||2,957|-|2,957|12,361|
||-|-|-|-|
||2,957|-|2,957|12,361|
||-|-|-||
||-|-|-|-|
||||||
||-|-|-|-|
||-|-|-|-|
||2,957|-|2,957|12,361|
||||||
||-|-|-||
||2,957|-|2,957|12,361|
62,165
Charity Name
## **Section B Balance sheet**
|Guidance Note
**Fixed assets**
**Intangible assets**
**(Note 15)**
B01
**Tangible assets**
**(Note 14)**
B02
**Heritage assets**
**(Note 16)**
B03
**(Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note**
**18)**
B06
**(Note 19)**
B07
**Investments**
**(Note 17.4)**
B08
**Cash at bank and in hand**
**(Note 24)**
B09
**_Total current assets_**
B10
**g**
**due within one year**
**(Note 20)**
B11
**_Net current_**
**_assets/(liabilities)_**
B12
**_Total assets less current_**
**_liabilities_**
B13
**Creditors: amounts falling due**
**after one year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or_**
**_liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds**
**(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
0|
**Endowme**
**nt funds**
**£**
F02|**Total this**
**year**
**£**
F04|**Prior year**
**funds**
**£**
F05
-
-
-
-
-
-
2,204
-
-
52,506
-
54,710
3,416
`
51,294
-
-
51,294
51,294
-
-
51,294|
|---|---|---|---|---|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
|||-|-||
||-|-|-|-|
||||||
||-|-|-|-|
||2,502|-|2,502|2,204|
||-|-|-|-|
||53,451|-|53,451|52,506|
||55,953|-|55,953|54,710|
||||||
||1,701|-|1,701|3,416|
||||||
||54,252|-|54,252|51,294|
||||||
||54,252|-|54,252||
||||||
|||-|-|-|
||-|-|-|-|
||||||
||54,252|-|54,252|51,294|
||||||
||-||-|51,294|
|||-|-|-|
||54,252||54,252|-|
||||-||
||||||
||54,252|-|54,252|51,294|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
-
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with**_
Signed by one or two trustees/directors on behalf of all Date of the trustees/directors approval
CC17a (Excel)
15/03/2023
2
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
• and with* ✓ 0 • and with* ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on**_
An explanation as to those factors that support the conclusion that the charity is a going concern;
Disclosure of any uncertainties that make the going concern assumption doubtful;
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.
0
**----- Start of picture text -----**
* -Tick
Yes* ✓
as
No* ✓ 0
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS102 SORP.
**----- End of picture text -----**
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
Yes* ✓ * -Tick as appropriate No* ✓
CC17a (Excel)
15/03/2023
3
## _**Please disclose:**_
- _**(i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods. 0**_
**----- Start of picture text -----**
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).
Yes* ✓
* -Tick as appropriate
No* ✓
**----- End of picture text -----**
## _**Please disclose:**_
- _**(i) the nature of the prior period error;**_
- _**(ii) for each prior period**_
CC17a (Excel)
15/03/2023
4
## **Notes to the accounts**
**Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING**
**Please provide a description of the nature of each change in accounting policy**
_**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**Start of period £ £ Fund balances as previously stated** _**Adjustments:**_ **Fund balance as restated** _**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of Net income/(expenditure) as previously stated** _**Adjustments:**_
_**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**Previous period net income/(expenditure) as restated**
0
CC17a (Excel)
15/03/2023
5
**C Notes to the accounts**
|**Recognition of income**
In the case of
performance
related grants
0
0
The charity
has received
0
Donated
services and
**Support costs**
The charity
has incurred
Insurance
claims are
only included
This includes any realised or unrealised
gains or losses on the sale of
investments and any gain or loss
resulting from revaluing investments to
**Investment gains and losses**
**Settlement of insurance claims**
This is only included in the SoFA once
the charity has provided the related
goods or services or met the
performance related conditions.
The cost of any stock of goods donated
for distribution to beneficiaries is
deemed to be the fair value of those
gifts at the time of their receipt and they
g
at fair value on initial recognition, which
is the expected proceeds from sale less
the expected costs of sale, and
recognised in 'Income from other trading
activities' with the corresponding stock
recognised in the balance sheet. On its
Goods donated for on-going use by the
charity are recognised as tangible fixed
assets and included in the SoFA as
incoming resources when receivable
Donated goods are measured at fair
value (the amount for which the asset
could be exchanged) unless impractical
to do so
**Donated services and facilities**
**Contractual income and**
**performance related grants**
Gifts in kind for use by the charity are
included in the SoFA as income from
donations when receivable.
**Donated goods**
**Offsetting**
**Grants and donations**
**Note 2 Accounting policies**
**Government grants**
**Legacies**
**Tax reclaims on donations and**
**gifts**
Legacies are included in the SOFA
when receipt is probable, that is, when
there has been grant of probate, the
executors have established that there
**2.2 INCOME**
Gift Aid receivable is included in income
when there is a valid declaration from
the donor. Any Gift Aid amount
recovered on a donation is considered
There has been no offsetting of assets
and liabilities, or income and expenses,
unless required or permitted by the FRS
102 SORP or FRS 102.
**2.3 EXPENDITURE AND LIABILITIES**
Donated services and facilities are
included in the SOFA when received at
the value of the gift to the charity
provided the value of the gift can be
**Li bilit**
**iti**
Liabilities are recognised where it is
more likely than not that there is a legal
These are included in the Statement of
• the charity becomes entitled to the
• it is more likely than not that the
• the monetary value can be
Grants and donations are only included
in the SoFA when the general income
recognition criteria are met (5.10 to 5.12|Yes*
No*|Yes*
No*|N/a*|
|---|---|---|---|
||✓|||
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*||0|
||✓
|||
||||0|
||||✓|
||Yes*
0||N/a*|
||||✓|
||Yes*
No*||N/a*|
||||x|
||Yes*
No*
||N/a*|
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*|||
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*
Yes*
No*||N/a*
N/a*|
||||✓|
||Yes*
No*||N/a*|
||||✓|
||Yes*
No*||N/a*|
CC17 FRS 102 SORP
15/03/2023
6
|**Grants with performance**
**conditions**
**2.4 ASSETS**
**Current asset investments**
Support costs include central functions
and have been allocated to activity cost
categories on a basis consistent with
the use of resources, eg allocating
Support costs have been allocated
between governance costs and other
support. Governance costs comprise all
t i
l i
bli
t bilit
f
**Creditors**
**Governance and support costs**
Where the charity gives a grant with
conditions for its payment being a
specific level of service or output to be
provided, such grants are only
The charity has creditors which are
measured at settlement amounts less
any trade discounts
These are capitalised if they can be
used for more than one year and cost
Fixed asset investments in quoted
shares, traded bonds and similar
investments are valued at initially at
cost and subsequently at fair value
(their market value) at the year end.
Where there are no conditions attaching
to the grant that enables the donor
charity to realistically avoid the
commitment a liability for the full
The charity has investments which it
holds for resale or pending their sale
and cash and cash equivalents with a
maturity date less than one year. These
**Redundancy cost**
The charity made no redundancy
payments during the reporting period.
**Stocks and work in progress**
**Heritage assets**
**Investments**
**Debtors**
They are valued at cost.
**Deferred income**
No material item of deferred income has
been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at
its historical cost and then subsequently
measured at the best estimate of the
**Basic financial instruments**
**Intangible fixed assets**
The charity accounts for basic financial
instruments on initial recognition as per
paragraph 10.7 FRS102 SORP.
**Tangible fixed assets for use by**
**charity**
**Liability recognition**
more likely than not that there is a legal
or constructive obligation committing
the charity to pay out resources and the
**Grants payable without**
**performance conditions**
The depreciation rates and methods
used are disclosed in note 14.
Investments held for resale or pending
their sale and cash and cash
equivalents with a maturity date of less
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets,
that is, non-monetary assets that do not
have physical substance but are
identifiable and are controlled by the
charity through custody or legal rights.
The charity has heritage assets, that is,
non-monetary assets with historic,
artistic, scientific, technological,
geophysical or environmental qualities
Stocks held for sale as part of non-
charitable trade are measured at the
lower or cost or net realisable value.
Goods or services provided as part of a
charitable activity are measured at net
realisable value based on the service
potential provided by items of stock.
Debtors (including trade debtors and
loans receivable) are measured on
initial recognition at settlement amount
after any trade discounts or amount
advanced by the charity Subsequently
Work in progress is valued at cost less
any foreseeable loss that is likely to
occur on the contract.|✓|||
|---|---|---|---|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*
|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*
|||
||||✓|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*
|||
||✓
|||
||Yes*
No*
N/a*|||
||||✓|
|||||
|||||
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
||✓|||
||Yes*
No*
N/a*|||
||||✓|
||Yes*
No*
N/a*|||
CC17 FRS 102 SORP
15/03/2023
7
They are valued at fair value except where they qualify as basic financial
✓
## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
CC17 FRS 102 SORP
15/03/2023
8
## **Section C Notes to the accounts (cont)**
## **Note 3 Income**
|**TOTAL INCOME**
**Donations and legacies:**
**Charitable activities:**
**Separate material item of**
**income**
**Other:**
**Income from investments:**
**Other trading activities:**|**Analysis of income**|**Unrestricted**
**funds**
**Restricte**
**d income**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricte**
**d income**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricte**
**d income**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricte**
**d income**
**Total funds**
**Prior year**
**£**
**£**|
|---|---|---|---|---|---|
||Donations and gifts|8,818||8,818|3,516|
||
Gift Aid|-|-|-|-|
||Legacies|-|-|-|-|
||General and covid grants provided by
government/other charities|-|-|-|33,102|
||
Membership subscriptions and sponsorships
which are in substance donations|-|-|-||
||Donated goods, facilities and services||-|-|-|
||
Other||-|-||
||**Total**|8,818|-|8,818|36,618|
|||||||
|||175|-|175||
|||-|
-|||
|||-|-|-|-|
||Other|-|-|-|-|
||**Total**|175|-|175|-|
|||||||
|||-||-|29,023|
||||-|-|-|
|||-|
-|-||
||Other|56,129|-|56,129|-|
||**Total**|56,129|-|56,129|29,023|
|||||||
|||||||
||~~I t~~
~~t i~~
Dividend income|-|-|-|-|
||Rental and leasing income|-|-|-|-|
||
Other|-|-|-|-|
||**Total**|-|-|-|-|
|||||||
|||-|-|-|-|
|||-|-|-|-|
|||-|-|-|-|
|||-|-|-|-|
||**Total**|-|-|-|-|
|||||||
||Conversion of endowment funds into income|-|-|-|-|
||Gain on disposal of a tangible fixed asset held
for charity's own use|
-|-|-|-|
||
Gain on disposal of a programme related
investment|-|-|-|-|
||Royalties from the exploitation of intellectual
property rights|-|-|-|-|
||
Other|-|-|-|-|
||**Total**|-|-|-|-|
|||||||
|||65,122|||65,641|
CC17a (Excel)
15/03/2023
9
**Section C Notes to the accounts (co**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of_**
**_any unfulfilled conditions_**
**_and other contingencies_**
**_attaching to grants that_**
**_have been recognised in_**
**_income._**
**_Please give details of other_**
**_forms of government_**
**_assistance from which the_**
**_charity has directly_**
**_benefited._**|**This year**
**Last year**
**0**
**£**
**Description**|**This year**
**Last year**
**0**
**£**
**Description**|**This year**
**Last year**
**0**
**£**
**Description**|
|---|---|---|---|
|||-|20,000|
|||-|13,102|
|||-|-|
|||-|-|
||**Total**|-|33,102|
|||||
|||||
|||||
|||||
0
CC17a (Excel)
15/03/2023
10
## **Section C Notes to the accounts (cont)**
## **Note 6 Expenditure**
|**TOTAL EXPENDITURE**
**Expenditure on raising**
**funds:**
**Expenditure on charitable**
**activities**
**Separate material item of**
**expense**
**Other**|**Analysis of expenditure**|**Unrestrict**
**ed funds**
**Endowment**
**funds**
**Total this**
**year**
**Prior year**
**£**
**£**|**Unrestrict**
**ed funds**
**Endowment**
**funds**
**Total this**
**year**
**Prior year**
**£**
**£**|**Unrestrict**
**ed funds**
**Endowment**
**funds**
**Total this**
**year**
**Prior year**
**£**
**£**|**Unrestrict**
**ed funds**
**Endowment**
**funds**
**Total this**
**year**
**Prior year**
**£**
**£**|
|---|---|---|---|---|---|
||Incurred seeking donations||-|-|-|
||Incurred seeking legacies|-|-|-|-|
||Incurred seeking grants|||||
||Operating membership schemes and
social lotteries|||-||
||Staging fundraising events|||||
||Fundraising agents|-||||
||Operating charity shops|||||
||Operating a trading company
undertaking non-charitable trading
activity||||-|
||Advertising, marketing, direct mail and
publicity
|-|-||-|
||Start up costs incurred in generating
new source of future income|-|-|-|-|
||Database development costs|-|||-|
||Other trading activities|||||
||Investment management costs:|-|-|-||
||Portfolio management costs|-|-|-|-|
||Cost of obtaining investment advice
|-|-|-|-|
||Investment administration costs|-|-|-|-|
||Intellectual property licencing costs|-|-|-|-|
||Rent collection, property repairs and
maintenance charges|-|-|||
|||-|-|-|-|
||**Total expenditure on raising funds**|-|-|-||
|||**0**||||
|||||||
|||-|-|-|-|
|||-|-|-|-|
|||-|-|-|-|
||**Total expenditure on charitable**
**activities**|-|-|-|-|
|||||||
|||-|-|-|-|
|||-|-|-|-|
|||-|-|-|-|
|||-|-|-|-|
||**Total**|-|-|-|-|
|||||||
|||-|-|-|53,300|
|||-|-|-|-|
|||-|-|-|-|
|||-|-|-|-|
|||62,165|-|62,165|-|
||**Total other expenditure**|62,165|-|62,165|53,300|
|||||||
|||||62,165|53,300|
CC17a (Excel)
15/03/2023
11
## **Total**
**Prior year expenditure on charitable activities can be analysed as follows: Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts) Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
CC17a (Excel)
15/03/2023
12
## **Section C Notes to the accounts (co**
## **Note 11 Paid employees**
_**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_
## **11.1 Staff Costs**
|||**This year**|||
|---|---|---|---|---|
|||**£**|||
|**Salaries and wages**||32,324|0||
|**Social security costs**||-|||
|**Pension costs (defined contribution pension plan)**||-|||
|**Other employee benefits**||-|||
||**Total staff costs**|32,324||0|
||**0**|-|||
**Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party** 0
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ **No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
|0|0|
|---|---|
|**Band**|**Number of employees**|
|**£60,000 to £69,999**|0|
|**£70,000 to £79,999**||
|**£80,000 to £89,999**|0|
|**£90,000 to £99,999**||
|**£100,000 to £109,999**||
|||
|||
|||
**Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.**
|**The parts of the charity in which the**
**employees work**
**11.2 Average head count in the year**||**This year**
**Number**|
|---|---|---|
||**Fundraising**|-|
||**Charitable Activities**|-|
||**Governance**|-|
||**Other**|2|
||**Total**|-|
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
_**62165**_ **Please explain the nature of the payment Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset) Please state the accounting policy for any redundancy or termination payments**
CC17a (Excel)
15/03/2023
13
## **Notes to the accounts**
## **Note 19 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|**19.1 Analysis of debtors**||
|---|---|
|**0**
**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|
||2,502.0|
||-|
||-|
||-|
_**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
|**0**
-
**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**|
|---|---|
||-|
||-|
||-|
||-|
|||
-
62165
CC17a (Excel)
15/03/2023
14
**Section C Notes to the accounts**
## **Note 20 Creditors and accruals**
_**Please complete this note if the charity has any creditors or**_
## **20.1 Analysis of creditors**
|**20.1 Analysis of creditors**
**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**y**
**account for contracts or**
**performance-related grants**
**Accruals and deferred**
**income**
**Taxation and social security**
**Other creditors**
**Total**|**_0_**|**_0_**|**_0_**|
|---|---|---|---|
||**Amounts falling due**
**withinone year**||**Amounts**
**falling**|
||**This year**
**£**|**Last year**
**0**|**This year**
**£**|
||-|-|-|
||-|-|-|
||1,701||-|
||-|-|-|
||-|-|-|
||-|-|-|
||-|-|-|
||1,701|-|-|
**----- Start of picture text -----**
0
**----- End of picture text -----**
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
_**Please explain the reasons why income is deferred.**_
## _**Movement in deferred income account**_
- **Balance at the start of the reporting period** - **Amounts added in current period** - **Amounts released to income from previous periods** - **Balance at the end of the reporting period**
-
62165
CC17a (Excel)
15/03/2023
15
(HARITY COMMISSION Independent examiner's report on the
FOR ENGLAND AND WALES
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
On accounts for the year
ended
Charity no
lif any}
04¥40i?f.
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity 1.the Trust") for the year ended
Responsibilities and
basis of report
As the charilvs trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
{'Ihe Act").
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145151{b} of Ihe Act.
Independent tThe charity's gross income exceeded £250,000 and l am qualrfied to
examinerfs statement undertake the examination by being a qualified member of linsert name of
applicable listed bodyll. Delete I l if not applicable.
I have completed my examination. I confimi that no material matters have
come lo my attention in connection with the examination (other than that
disclosed below ') which gives me cause lo believe that in. any material
respect..
the accounting records were not kept in accordance with section 130
of the Charities Act., or
the accounts did not accord with the accounting fecords., or
the accounts did not comply with the applicable requirements
concerning the fom and content of accounts sel out in the Charities
{Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'lrue and fair, view which Is not a matter
Consider as part of an independent examination.
I have no
ncems and have come across no other matters in connection
with th
xamination to which attention should be drawn in this report in
order
o enable a proper understanding of the accounts to be reached.
se delete the words in Ihe brackets if they do not apply.
Signed..
Date..
Name..
qm
Relevant professional
qualificationlsl or body
IER
Oct 2018
{If any):
Address:
Section B
Disclosure
Only coniplele Il Ilie c'xaiiiii".c'r .'iei'ols lo Iiighliglil IiidlL'rial iiiallL'rs ol cuiiceri)
(see CC32, Independent examination of charity accounts.. directions and
guidance for examiners).
Glve here brlef detalls of
any items that the
oxamlner wl8hes to
dlsclose.
IER
Oct 2018