Company registration number: 05472607 Charity registration number: 1112459
Shirehampton Public Hall Community Association
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2023
G W Jones & Co Office 1 The Coach House 24-26 Station Road Shirehampton Bristol BS11 9TX
Shirehampton Public Hall Community Association
Contents
| Contents | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2 to 5 |
| Statement of Trustees' Responsibilities | 6 |
| Accountants' Report | 7 |
| Statement of Financial Activities | 8 to 9 |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11 to 19 |
Shirehampton Public Hall Community Association
Reference and Administrative Details
Secretary
Edyta Lang
Charity Registration Number
1112459
Company Registration Number
05472607
The charity is incorporated in England and Wales.
Registered Office
32 Station Road Shirehampton Bristol BS11 9TX
Independent Examiner
G W Jones & Co Office 1 The Coach House 24-26 Station Road Shirehampton Bristol BS11 9TX
Page 1
Shirehampton Public Hall Community Association
Trustees' Report
Trustees’ Report
The major work that has been completed at the hall this year has been carried out by Ashcroft roofing for Bristol City Council. This was a mammoth job involving thousands of small roof slates and very many roof battens. The work took much longer than expected but has now given the building a magnificent watertight roof that should last a very long time. Many thanks to both BCC and Ashcroft.
Once the roof work had been completed , Atwills the stonemasons carried out extensive repair and cleaning work on the Bath stone at the front of the Public Hall. This now gives us the basis to get on and finish the rest of the frontage , which will hopefully make it more appealing to yet more users.
Internally, the old Library staffroom has been mostly finished to give a very useful sized backup space to the Main Hall, where up to 12 people can meet comfortably. This has been given the local “Bradley” name. We have been very grateful to the library management and staff in allowing this to happen, and look forward to working closely with them in the future
Going forward, we have an application into the Community Resilience Fund (CRF) for up to £120k , which will allow us to push forward on much of the work specified in the approved planning application achieved. David Thomas has put us forward to the Astley Trust, who have very kindly offered to 50% match fund the CRF money to a maximum of £50k. Let’s hope the CRF is successful.
I would just like to express my heartfelt thanks to Edyta Lang, who has recently stepped down as secretary because of her personal workload. Edy has worked really hard for the hall, giving many hours of her time, without ever complaining. I wish her well with her work and family, hoping she continues to use and love the Public hall
Finally, thanks to all the lovely users of the hall, who make it what it is today. We are hopefully now going to at last get on with the refurbishment work, giving the hall a bright and well-used future
b ookings@shirepubhall.org.uk
Thank you so much for all your support!
The Board
Performance, achievements, impact and challenges
Charity’s Name: Shirehampton Public Hall Community Association – is a private limited company by guarantee without share capital use of Limited exemption. It was incorporated on 6th June 2005.
Address: Shirehampton Public Hall, 32 Station Road, Shirehampton, Bristol, BS11 9TX
Company number is: 05472607
Trustees:
Norman Routledge (Chair, Trustee)
Esther Giles (Treasurer, Trustee)
Edyta Lang (Secretary, Trustee) Resigned 30 April 2023
Page 2
Shirehampton Public Hall Community Association
Trustees' Report
Tom Bradley (Trustee) Appointed 1 May 2023
Employees:
Amanda Parsons (Hall Manager and Secretary from 1 May 2023)
Sue Mason (Cleaner)
Martine Murphy (Cleaner: weekend and holiday cover)
Reece Britton (Ad hoc caretaker & cleaner)
Structure and Management
Trustees (directors) are responsible for overall management and strategy of the Association. Their main responsibilities are to: ensure that charity is carrying out its purpose for the public benefit, comply with the charity’s governing document and the law, act in the charity’s best interest, manage the charity’s resources responsibly, act with reasonable care and skill, and ensure that the charity is accountable.
The trustees hold regular Board meetings during which they overview the Charity’s overall performance, set directions and make executive decisions.
“Memorandum and Articles of Association and Rules” is the main governing document of the Charity. It outlines our roles and responsibilities, vision, objectives and aims. The document also contains policies and standing operating procedures.
The Charity's objects as outline in the Memorandum are:
to promote the benefit of the inhabitants of the parish of Shirehampton (hereinafter called ‘the area of benefit’) without distinction of sex, sexual orientation, race or political, religious or other opinions, by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education, and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitant;
to establish the Shirehampton Public Hall as a Community Centre (hereinafter called ‘the Hall’) and to maintain and manage, or to cooperate with the Council of the City of Bristol in the maintenance and management of the Hall for activities promoted by the Association and its constituent bodies in the furtherance of the above objects.
The Charity has members. They have ultimate control over the charity, because they make decisions relating to things such as changing the charity’s Memorandum, appointing and removing trustees, determining whether charity should be dissolved. Members do not have responsibility for the management of the charity’s day to day activities.
The Board reports to the members at annual general meetings - AGM, through an annual report and regular updates via emails. The Board and Hall Manager also keep the members informed about their strategy, decisions, achievements, and challenges through articles on local social media like Shire paper, Hall’s website and Facebook page, Twitter or a notice board.
Page 3
Shirehampton Public Hall Community Association
Trustees' Report
Hall Manager’s General Thanks
2022/23 has been a very positive year for the Public Hall, with the new roof being completed, the front of the building cleaned and painted, and the clock tower and clock refurbished. Inside the volunteers, particularly Ed and Gail Amphlett and Miles Waters, have put a lot of time and effort into redecorating and refitting the old library staff room, now the Bradley Room, and taking down the old chain link fence and replacing it with the most delightful homemade planters! Thank you all so much for all your time and effort. Thanks also to the wonderful garden volunteers who have helped to make our garden into a haven of tranquillity. It’s now a delightful place to sit for lunch or just to watch the world go by! Many thanks as always to the many supporters of the Public Hall, whether as a member, volunteer or user. This is your Hall, and it is a very valuable and much loved asset to the community.
The Hall’s website is now up and running and kept as up to date as possible. It also has feeds from our Facebook and Twitter accounts, which is most useful. The Hall’s social media also extends to Instagram, and we are still most gratefully supported by our friends at the Shire Paper with our monthly newsletter.
As Hall Manager I could not function without the team of trustees, volunteers and caretaking/cleaning staff, John Bos and Darren Lane from Bristol City Council, Councillor Don Alexander, Andrew Jones and Mike Edkins (accountants) and Ash Bearman from SCAF who shares my office and is always on hand to help out in times of need, such as letting in hall users in my absence. My sincere thanks to each and every one of you.
Treasurer’s commentary 2022/23
The Trustees are pleased to report a small net surplus of income over expenditure for the year of £1,305. The major revenue cost continues to be the cost of wages to run the Hall’s services. During the year, we spent donated funds of £22,667 on building and refurbishment work, and received further donations of £4,334, which the trustees allocated to the building and refurbishment fund.
At the year end the Charity’s reserves stood at £25,006 unrestricted and £14,722 designated; a total of £39,728.
The trustees are confident that there are sufficient financial resources to meet the charity’s obligations, and the future plans the Trustees have prepared support this view.
In line with the Charities Act requirements, the Trustees have reviewed the reserves policy to enable them to exercise overall control of the financial affairs of the Charity and have set the minimum requirement for reserves at 3 months’ running costs- a total of £,7,075 as at the year end. Such reserve levels are routinely reviewed as part of the processes including monitoring cash levels.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees:
Gail Felicity Amphlett
Esther Giles Norman John Routledge
Edyta Lang
Secretary:
Edyta Lang/ Amanda Parsons
Page 4
Shirehampton Public Hall Community Association
Trustees' Report
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Norman John Routledge Trustee
Page 5
Shirehampton Public Hall Community Association
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Shirehampton Public Hall Community Association for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees 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 charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Norman John Routledge Trustee
Page 6
Chartered Accountants' Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Shirehampton Public Hall Community Association for the Year Ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Shirehampton Public Hall Community Association for the year ended 31 March 2023 as set out on pages 8 to 19 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/ members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Shirehampton Public Hall Community Association, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Shirehampton Public Hall Community Association and state those matters that we have agreed to state to the board of directors of Shirehampton Public Hall Community Association, as a body, in this report, in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shirehampton Public Hall Community Association and its board of directors as a body for our work or for this report.
It is your duty to ensure that Shirehampton Public Hall Community Association has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and of Shirehampton Public Hall Community Association. You consider that Shirehampton Public Hall Community Association is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Shirehampton Public Hall Community Association. 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 statutory accounts.
......................................
Date:.............................
Page 7
Shirehampton Public Hall Community Association
Statement of Financial Activities for the Year Ended 31 March 2023
(Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Unrestricted Total |
|
|---|---|
| funds Restricted funds 2023 |
|
| Note | £ £ £ |
| Income and Endowments from: | |
| Donations and legacies 3 |
3,171 4,334 7,505 |
| Investment income 4 |
432 - 432 |
| Other income 5 |
26,702 - 26,702 |
| Total income | |
| 30,305 4,334 34,639 |
|
| Expenditure on: | |
| Charitable activities 6 |
(29,000) (22,667) (51,667) |
| Total expenditure | |
| (29,000) (22,667) (51,667) |
|
| Net income/(expenditure) | |
| 1,305 (18,333) (17,028) |
|
| Transfers between funds | 1,500 (1,500) - |
| Net movement in funds | |
| 2,805 (19,833) (17,028) |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 22,201 34,555 56,756 |
|
| Total funds carried forward 15 |
|
| 25,006 14,722 39,728 |
|
| Unrestricted Total |
|
| funds Restricted funds 2022 |
|
| Note | £ £ £ |
| Income and Endowments from: | |
| Donations and legacies 3 |
4,375 4,557 8,932 |
| Investment income 4 |
176 - 176 |
| Other income 5 |
21,578 - 21,578 |
| Total income | |
| 26,129 4,557 30,686 |
|
| Expenditure on: | |
| Charitable activities 6 |
(27,454) (470) (27,924) |
| Total expenditure | |
| (27,454) (470) (27,924) |
|
| Net(expenditure)/income | |
| (1,325) 4,087 2,762 |
|
| Net movement in funds | |
| (1,325) 4,087 2,762 |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 23,527 30,467 53,994 |
|
| Total funds carried forward 15 |
|
| 22,202 34,554 56,756 |
The notes on pages 11 to 19 form an integral part of these financial statements. Page 8
Shirehampton Public Hall Community Association
Statement of Financial Activities for the Year Ended 31 March 2023
(Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 is shown in note 15.
The notes on pages 11 to 19 form an integral part of these financial statements. Page 9
Shirehampton Public Hall Community Association
(Registration number: 05472607) Balance Sheet as at 31 March 2023
| 2023 2022 |
|
|---|---|
| Note | £ £ |
| Fixed assets | |
| Tangible assets 11 |
515 - |
| Current assets | |
| Debtors 12 |
2,483 1,379 |
| Cash at bank and in hand 13 |
37,508 56,093 |
| 39,991 57,472 |
|
| Creditors: Amounts falling due within oneyear 14 |
|
| (778) (716) |
|
| Net currentassets | |
| 39,213 56,756 |
|
| Netassets | |
| 39,728 56,756 |
|
| Funds of the charity: | |
| Restricted income funds | |
| Restricted funds | 14,722 34,554 |
| Unrestricted income funds | |
| Unrestricted funds | 25,006 22,202 |
| Total funds 15 |
|
| 39,728 56,756 |
For the financial year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 8 to 19 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... Norman John Routledge Trustee
The notes on pages 11 to 19 form an integral part of these financial statements. Page 10
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 32 Station Road Shirehampton Bristol BS11 9TX
Authorised for issue date
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Shirehampton Public Hall Community Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Page 11
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Page 12
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
Tangible fixed assets
Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 13
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Fair value measurement
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
3 Income from donations and legacies
| 3 Income from donations and legacies |
|
|---|---|
| Unrestricted | |
| funds Restricted Total |
|
| General funds funds |
|
| £ £ £ |
|
| Donations and legacies; | |
| Donations from individuals | 405 - 405 |
| Grants, including capital grants; | |
| Government grants | 2,667 - 2,667 |
| Grants from other charities | - 4,334 4,334 |
| Regulargivingand capital donations | 99 - 99 |
| Total for 2023 | |
| 3,171 4,334 7,505 |
|
| Total for 2022 | |
| 4,375 4,557 8,932 |
Page 14
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
4 Investment income
| 4 Investment income |
|||
|---|---|---|---|
| Unrestricted | |||
| funds | Total | ||
| General | funds | ||
| £ | £ | ||
| Interest receivable and similar income; | |||
| Interest receivable on bank deposits | 432 | 432 | |
| Total for 2023 | 432 | 432 | |
| Total for 2022 | 176 | 176 |
5 Other income
| 5 Other income |
||
|---|---|---|
| Unrestricted | ||
| funds | Total | |
| General | funds | |
| £ | £ | |
| Rental income | 25,582 | 25,582 |
| Total for 2023 | 25,582 | 25,582 |
| Total for 2022 | 21,578 | 21,578 |
6 Expenditure on charitable activities
| 6 Expenditure on charitable activities |
|
|---|---|
| Unrestricted | |
| funds Restricted Total |
|
| General funds funds |
|
| Note | £ £ £ |
| Governance costs 7 |
29,000 22,667 51,667 |
| Total for 2022 | |
| 27,454 470 27,924 |
Total expenditure £
In addition to the expenditure analysed above, there are also governance costs of £51,667 (2022 - £27,924) which relate directly to charitable activities. See note 7 for further details.
Page 15
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
7
Staff costs Wages and salaries Independent examiner fees Examination of the financial statements Legal fees Other governance costs
Total for 2023
Total for 2022
8
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
9 Staff costs
The aggregate payroll costs were as follows:
| The aggregate payroll costs were as follows: | |
|---|---|
| 2023 2022 |
|
| £ £ |
|
| Staff costs during the year were: | |
| Wages and salaries | 22,186 20,534 |
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
| during the year expressed as full time equivalents was as follows: | |
|---|---|
| 2023 2022 |
|
| No No |
|
| Average number of employees | 4 4 |
No employee received emoluments of more than £60,000 during the year.
Page 16
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
10 Taxation
The charity is a registered charity and is therefore exempt from taxation.
11 Tangible fixed assets
| 11 Tangible fixed assets |
||
|---|---|---|
| Furniture and | ||
| equipment | Total | |
| £ | £ | |
| Cost | ||
| Additions | 515 | 515 |
| At 31 March 2023 | 515 | 515 |
| Depreciation | ||
| At 31 March 2023 | - | - |
| Net book value | ||
| At 31 March 2023 | 515 | 515 |
| 12 Debtors |
||
| 2023 | 2022 | |
| £ | £ | |
| Trade debtors | 879 | 1,104 |
| Other debtors | 1,604 | 275 |
| 2,483 | 1,379 | |
| 13 Cash and cash equivalents |
||
| 2023 | 2022 | |
| £ | £ | |
| Cash on hand | 128 | 76 |
| Cash at bank | 4,999 | 24,068 |
| Short-term deposits | 32,381 | 31,949 |
| 37,508 | 56,093 |
Page 17
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
14 Creditors: amounts falling due within one year
| 2023 2022 |
|
|---|---|
| £ £ |
|
| Other taxation and social security | - 151 |
| Other creditors | 128 1 |
| Accruals | 650 564 |
| 778 716 |
| 15 Funds |
||
|---|---|---|
| Balance at 1 April 2022 Incoming resources Resources expended Transfers Balance at 31 March 2023 |
Balance at 31 | |
£ £ £ £ £ |
||
| Unrestricted funds | ||
| General 1 30,305 (29,000) 1,500 2,806 |
||
| Designated 22,200 - - - 22,200 |
||
| Total unrestricted funds 22,201 30,305 (29,000) 1,500 25,006 |
||
| Restricted funds 34,555 4,334 (22,667) (1,500) 14,722 |
||
| Total funds 56,756 34,639 (51,667) - 39,728 |
||
| Balance at 1 April 2021 Incoming resources Resources expended Transfers Balance at 31 March 2022 |
||
£ £ £ £ £ |
||
| Unrestricted funds | ||
| General 27 26,129 (27,454) 1,300 2 |
||
| Designated 23,500 - - (1,300) 22,200 |
||
| Total unrestricted funds 23,527 26,129 (27,454) - 22,202 |
||
| Restricted funds 30,467 4,557 (470) - 34,554 |
||
| Total funds 53,994 30,686 (27,924) - 56,756 |
||
Page 18
Shirehampton Public Hall Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
16 Analysis of net assets between funds
| 16 Analysis of net assets between funds |
|
|---|---|
| Unrestricted Total funds at 31 |
|
| funds March |
|
| General 2023 |
|
| £ £ |
|
| Tangible fixed assets | 515 515 |
| Current assets | 39,991 39,991 |
| Current liabilities | (778) (778) |
| Total net assets | |
| 39,728 39,728 |
|
| Unrestricted Total funds at 31 |
|
| funds March |
|
| General 2022 |
|
| £ £ |
|
| Current assets | 57,472 57,472 |
| Current liabilities | (716) (716) |
| Total net assets | |
| 56,756 56,756 |
|
| 17 Analysis of net funds |
|
| At 31 March | |
| At 1 April 2022 2023 |
|
£ £ |
|
| Cash at bank and in hand | 56,093 56,093 |
| Net debt | |
| 56,093 56,093 |
|
| At 31 March | |
| At 1 April 2021 2022 |
|
£ £ |
|
| Cash at bank and in hand | 53,592 53,592 |
| Net debt | |
| 53,592 53,592 |
Page 19
Shirehampton Public Hall Community Association
Statement of Financial Activities by fund for the Year Ended 31 March 2023
Unrestricted Funds
| Unrestricted Funds | |
|---|---|
| Total Total |
|
| Unrestricted Unrestricted |
|
| Funds Funds |
|
| 2023 2022 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies | 3,171 4,375 |
| Investment income | 432 176 |
| Other income | 26,702 21,578 |
| Total income | |
| 30,305 26,129 |
|
| Expenditure on: | |
| Charitable activities | (29,000) (27,454) |
| Total expenditure | |
| (29,000) (27,454) |
|
| Net income/(expenditure) | |
| 1,305 (1,325) |
|
| Transfers between funds | 1,500 - |
| Net movement in funds | |
| 2,805 (1,325) |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 22,201 23,527 |
|
| Total funds carried forward | |
| 25,006 22,202 |
This page does not form part of the statutory financial statements. Page 20
Shirehampton Public Hall Community Association
Statement of Financial Activities by fund for the Year Ended 31 March 2023
Restricted Funds
| Restricted Funds | |
|---|---|
| Total Total |
|
| Restricted Restricted |
|
| Funds Funds |
|
| 2023 2022 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies | 4,334 4,557 |
| Total income | |
| 4,334 4,557 |
|
| Expenditure on: | |
| Charitable activities | (22,667) (470) |
| Total expenditure | |
| (22,667) (470) |
|
| Net (expenditure)/income | |
| (18,333) 4,087 |
|
| Transfers between funds | (1,500) - |
| Net movement in funds | |
| (19,833) 4,087 |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 34,555 30,467 |
|
| Total funds carried forward | |
| 14,722 34,554 |
This page does not form part of the statutory financial statements. Page 21
Shirehampton Public Hall Community Association
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Total Total |
|
|---|---|
| 2023 2022 |
|
| £ £ |
|
| Income and Endowments from: | |
| Donations and legacies (analysed below) | 7,505 8,932 |
| Investment income (analysed below) | 432 176 |
| Other income(analysed below) | 26,702 21,578 |
| Total income | |
| 34,639 30,686 |
|
| Expenditure on: | |
| Charitable activities(analysed below) | (51,667) (27,924) |
| Total expenditure | |
| (51,667) (27,924) |
|
| Net(expenditure)/income | |
| (17,028) 2,762 |
|
| Net movement in funds | |
| (17,028) 2,762 |
|
| Reconciliation of funds | |
| Total funds brought forward | |
| 56,756 53,994 |
|
| Total funds carried forward | |
| 39,728 56,756 |
This page does not form part of the statutory financial statements. Page 22
Shirehampton Public Hall Community Association
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
| Total Total |
|
|---|---|
| 2023 2022 |
|
| £ £ |
|
| Donations and legacies | |
| Appeals and donations | - 1,340 |
| Appeals and donations | 405 494 |
| UK Government grants | 2,667 3,773 |
| Grants - other agencies | 4,334 3,217 |
| Subscriptions | 99 108 |
| 7,505 8,932 |
|
| Investment income | |
| Interest on cash deposits | 432 176 |
| 432 176 |
|
| Other income | |
| Rental income | 25,582 21,578 |
| Other income | 1,120 - |
| 26,702 21,578 |
|
| Charitable activities | |
| Wages and salaries | (22,186) (20,534) |
| Rates | (748) (191) |
| Insurance | (423) (383) |
| General maintenance | (104) - |
| General maintenance | (6,165) (470) |
| General maintenance | (15,185) - |
| General maintenance | (1,583) (1,412) |
| Telephone and fax | (542) (466) |
| Office expenses | (708) (437) |
| Trade subscriptions | (436) (211) |
| Cleaning | (1,090) (1,335) |
| Independent examiner's fee | (852) (852) |
| Legal and professional fees | (900) - |
| Legal and professional fees | (313) - |
| Legal andprofessional fees | (432) (1,633) |
| (51,667) (27,924) |
This page does not form part of the statutory financial statements. Page 23