REGISTERED COMPANY NUMBER.. 05516972 (England and Wales)
REGISTERED CHARITY NUMBER: 1112485
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
FOR
THE SOimlERN QUARTER DEVELOPMENT LIMITED

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
Page
Report of the Trustees
Independent Examiner's Report
5 to 6
Statement of Financial Aetivitie5
Balance Sheet
Notes to the Financial Statements
9 to 17
Detailed Statement of Financial Activities
18 to 19

THE so￿HERN QUARTER DEVELOPMENT LIMrrED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2022
The Iruslees who are also directors of the chanty for the purposes of the Companies Acl 2006, present their
report wlh the finanual statements of the charity for the year e{￿ed 31 July 2022. The tnjslees have adopted
the provisions of Accounting and ReFQrting by Charities.. Statement of Recommended Practice applicable lo
charities preparing their ac£ounts in a[￿l￿dan￿ vith the Finanaal ReE￿Ir￿j Standard applicable in the UK
and Republic of Ireland IFRS 1021 {effectNe 1 January 2019)
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objective5 of the charity are lo promole for the benefft of the inhabitants of the soulhem quarter of
North8mplon, wthout distinction of sex. sexual orientation, or of political, religious or other opinions, by
associating together inhabilanls and slalulory aulhorilies. voluntary and other organisalions, in a common
effort lo advance education and to provide facilth.es In the inleresls of scoal welfare for recreation and leisure
time occupation, with the object of improving the conditions of lrfe of the said inhabitants.
The activities of the charity are the hiring of r(L)ms space lo indrviduals, grntps or organisations that require
space to carry out their own activities for ihe inhabitsnls of the soulhem quarter of Northampton and beyond.
The charity also assists in helping Ic￿1 residents to I￿rn wups to syovide recreation. social and leisure
activities for the community.
Public benefit
The Injslees have had regard lo the guidance on pubtt benefit issued by the Charity Commission, and
believe that the activities and aims staled at#)ve meet the requirement of boing a publie benefit.
Page 1

THE SOUTHERN QUARTER DEVELOPMENT LIMtTED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2022
ACHIEVEMENT AND PERFORMANCE
Far Cotton REC Centre it is still popular with training courses, eonferences and meetings in the week as well
as regular groups includir¥J a church on Sundays, danang lessons on a Monday & Thursday for beginners
and inlermediales offered by Adult Leaming and Keep fil. Some groups however have not survived the
lockdown. so have not relumed.
We continue to offer a buffet seNice for meelings. training and have Ixjill a reputation for providing good
affordable home made food, which has resulled in catering for private lunctions al t)olh our cenlres and we
have been awarded a 5. rating, and all staff are Level 2 Food Hygiene trained.
Delapre Community Rooms hosts many groups and activit￿$, induding dance dasses. over 55's group, keep
fil and NHS Clinics Nvice a week. We also have three regular churches thal meel on a Saturday & Sunday.
We provide a breakfast dub and after schcx)I dub and we continue to work in partnership with Delapre
Primary School on various projects.
We were providing healthy packed lunches for Key Stage One children and those enlilled to Free Sch¢xsl
Meals al Delapre Primary School on a daily basis. The schwl is now providing hol dinners, and we were
asked if we wished lo lender for the contract. LMJI we were not in a posib'on to prov￿￿ and transp)rt 200 hol
dinners a day. so we no longer have the coniract.
Squidge Breakfast Club 15 still well attended wilh average 40 children a day attending. We have a large menu
so the children have a choice of breakfasl, so Ihey have a good start to the day. We use a 'walking bus. lo gel
the children lo school.
Squidge After School Club is also well attended, wih many activities fcw th8 children induding art and craft,
lego. play kitchen, dolls, cars, dressing up and in the good weather we have an outside area, with balls,
scooters elc. We use a ￿al￿"n9 bus, lo gel Ihe children from school lo Delapre Community Rooms and the
children are given a snack on arrival.
Our pottery room is well used with pottery dasses offered tsvice a week, and we now have a jewellery making
group.
We applied for a grant from Northamplonshire Community Foundatson to provide low cost courses for mums
and children, as well as out of school activities. which was awarded on 1st July 2022.
We started cookery on a budget dasses on a Wednesday in July 2022, aimed al mums or dads, lo provide
home cooked meals for a family of four for a fiver. We also planned for summer holiday activities for children,
slart1ng al the end of July 2022. induding cookery, pottery and dance. all of which are filling up.
Following on from lockdown, we now have a supplies cJJpboard al Delapre Community Rooms. made up of
donations from generous local peopte, so that we can continue lo provide food parcels for families still
struggling, and we have opened Ihe foyer of Far Cotton REC Centre as a donation station for people lo bring
anything and everything from clothing for all ages, buggies, cots, books, lo name a few things. and it is all free
for people to tske.
We are stsll in uncertain limes. so we continue on a day to day basis 21 present. We have submilled
successful applications for ￿ grants of £15.000 each which wll be paid in July and September 2023 and
continue lo apply for granl funding. These are for Ihe provision of a(xessible services for low income people
in the local area, with one having a spectfic focus on running cookery dasses. We are actively trying lo drum
up more business as well as loo￿ng for new gr(xJps lo hire our buildings and are hopefvl Ihal the charity will
continue lo serve the l(Kal community in years lo come.
FINANCIAL REVIEW
Reseryes policy
The charity seeks lo maintain reserves at a level of 3 10 6 months expendilure.
Al the year end lolal resetwes were £7.831 of which £nil was re5tn.cted {2021". £10.2351. During the year a
defiol of £2.40412021.. £33,046) was made.
Page 2

THE SOUTHERN QUARTER DEVELOPMENT LIMtTED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming document. a deed of trust. 8nd constilules a limited company, limited
by guarantee, as defined by the Q)mpanies Act 2006.
Recruitment and appointment of new trustees
Trustees are reuuiled from the local community arKI are elected by the members. InductH)n is achieved by
meeting with the Chair and company seuetary and by the suprAy of accounts and other documentsry
information.
Organisational stnjcture
Day lo day management of the chanty's activities 1$ delegated to Ms L E Russell.
REFERENCE ANO ADMINISTRATIVE DETAILS
Registered Company number
05516972 (England and Wales)
Registered Charity number
1112485
Registered office
10 Templar Drive
Northampton
NN2 8HS
Trustees
B J Glynane
Ms C E Haynes
Mrs L Tew lappoinled 119121)
A W Tew lappoinled 1191211
Ms L Tregilgas lappoinled 119121)
Company Directors
8 J Glynane
Ms C E Haynes
Mrs L E Russell
Company Secretary
Mrs L E Russell
Independent Examiner
DNG Dove Naish LLP
Chartered Ac￿UntantS
Eagle House
28 Billing Road
Northampton
Northamplonshire
NN1 5AJ
Page 3

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2022
This rewrt has t￿n prepared in accordance wlh the spec4al wovisions of Part 15 of the Companies Act
2006 relating to small companies.
Approved by order of the board of Iruslee5 on ..... ....
nc...&.2S............ and swJned on rts behalf by..
aynes
Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SOUTHERN QUARTER DEVELOPMENT LIMtrED
Independent examiner's report to the trustees of The Southem Quarter Development Limited {'the
Company'l
report lo the charity trustees on my examinalDn of the accx)unts of the Company for the year ended
31 July 2022.
Responsibilities and basis of report
As the chariws trustees of the Company {and also its directors for the purtK)ses of ox)rnpany lawl you are
restx)nsible for the preparation of the a(￿￿nts in accordance wth the requirements of the Companies Act
20061'the 2006 Act.).
Having satisfied myseff that the accounts of the Company We not required to ￿ audrf(ed under Part 16 of the
2Q)6 Acl and are eligible for independent examinatK)n, I repclt in resFeCt of my examination of your charity's
accounts as carried out under Section 145 of the Charities Acl 2011 ('Ihe 2011 Act'l. In carying out rny
examination I have followed the Directions given by the Charity Commission UTKler Seclion 14515} {bl of the
2011 Act.
Independent examiner's statement
I have completed my examination. I confim) thal no matters have come to my attention in ¢X)nn￿tIOn with the
examination giving me r2use lo believe..
accounting re￿rdS were Tr)1 kept in resped of the Company as required by Section 386 of the 2006
Act., or
the accounts do not accord wth those records.. or
the accounts do nor comply wth the accounting requirements of Sects'on 396 of the 2CK)6 Act other
than any requirement that the a￿X)UnIS gwe a true and fair view which is not a matter considered as
part of an independent examination., or
the a¢(xJunls have not been prepared in a(￿rdancE wlh Ihe methods and prinaples of the Statement
of Recommended Practice for ae(yxJnling arKI rep￿ing by charities {applirAble to charities preparing
their accounts in accordance with the Financial Rep)rtE'ng Standard applicable in the UK and Republic
of Ireland {FRS 10211
I have no concems and have come across no other matters in (x)nnection wth the examination to which
altention should be drawn in this report in order to enable a proper understandiThJ of the accounts lo be
reached.
Page 5

**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SOUTHERN QUARTER DEVELOPMENT LIMITED** 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our independent examination work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an independent examiner's 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 charitable company and the charitable company's members as a body, for our independent examination work, for this report, or for the opinions we have formed. 


N Fox FCA DNG Dove Naish LLP Chartered Accountants Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ 

Date: 7[th] June 2023 

Page 6 



THE SOUTHERN QUARTER DEVELOPMENT LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT}
FOR THE YEAR ENDED 31 JULY 2022
2022
Tolal
funds
2021
Total
funds
Unrestncted
fu
Restn"cted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
18,297
18,297
30,329
Othef trading activities
Investment income
139.301
12
139,301
150,998
16
Totsl
157.610
157.610
181,343
EXPENDITURE ON
Raising funds
Other trading activities
8,411
8,411
17,694
8.411
8,411
17.694
Charitable activities
Direct
Management
148,741
2,862
148,741
2,862
192,990
3,705
Total
160.014
lE￿,014
214.389
NET INCOMEI{EXPENDITUREI
(2,4041
(2.404)
{33.046}
RECONCILIATION OF FUNDS
Tolal funds brought forward
10.235
10.235
43,281
TOTAL FUNDS CARRIED FORWARD
7,831
7,831
10,235
The r￿teS fomi part of these financial statements
Page 7

THE SOLttHERN QUARTER DEVELOPMENT LIMITED
BALANCE SHEET
31 JULY 2022
2022
Total
funds
2021
Total
funds
unrestn.cted
furKJ
Restncted
funds
Notes
FIXED ASSETS
Tangible assets
617
CURRENT ASSETS
Debtors
Cash al bank and in hand
13
30,437
16.919
30,437
16,919
29,941
13,158
47.356
47.356
43,099
CREDITORS
Amounts falling due within one year
14
140.1051
140.1051
133,481 }
NET CURRENT ASSETS
7.251
7,251
9,618
TOTAL ASSETS LESS CURRENT
LIABILITIES
7.831
7,831
10,235
NET ASSETSIILIABILITIESI
7,831
7,831
10,235
FUNDS
Unreslricled fvnds
16
7.831
10,235
TOTAL FUNDS
7,831
10.235
The charitable company is entiued to exemption from audit under Secth)n 477 of the Companies Act 2006 for
the year ended 31 July 2022.
The members have not required the company lo obtain an audit of ils fina￿31 statements for the year ended
31 July 2022 in accordance with Section 476 of the Companies Act 2006.
The Iruslees acknowledge their responsibilities
(al
ensuring Ihal the chariiable company keeps wiunling records that oJmply w71h Sect￿ns 386 and 387
of the Companies Act 2006 and
preparing financial ststemenls which give a true and fair view of the state of affairs of the charitable
company as al the end of each financial year and of ils SUr￿u5 or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating lo finawal sialemenls, so far as applicable lo the
chaTitable company.
{bl
These financial stalemenls have been prepared in ￿an(￿ with the provisions appIl￿ble lo charitable
companies subject lo the small companies regime.
The financial slalements were approved by the Board of Trustees and authorised for issue on
.&",Z.S.................. and We￿ signed on ils behalf by"
ruslee
The notes form part of these finarrial statements
Page 8

THE SOLrtHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial slalemenls of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordan￿ wlh the Charities SORP IFRS 1021 'Accounling and Reporting by
Charities.. Statement of Recommended Praclice applicable lo charities preparing Iheir acwunls in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191., Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Acl 2006. The financial slalemenls
have been prepared under the historical cost convention.
The presentation currency of the financial sialemenls is the Pound Slerfing {£1.
Critical accounting judgements and key sources of estimation uncertainty
The preparation of financial statements requires the use of certain critical accounting eslimales. 11 also
requires management lo exercise ils judgement in the process of applying the company accounling
policies. The areas involving a higher degree of judgement or complexily, or areas where assumptions
and eslimales are signrficanl to the financial slalemenls are disclosed within the individual accounting
policies below_
Income
All income is recognised in the Statement of Financial Activities once the charity has enliuement to the
funds, il is probable that the income will be received and the amount can be measured reliably
Govemment grants
Grants re￿iVed from the Government are included in the Sialemenl of Financial Activities once there
is reasonable assurance the charity will comply with the conditions lo the grant and the grant will be
received.
Going concern
The Trustees have assessed the going concern slalus of the charity and intend lo continue running the
Charity in years lo come. Management continue lo apply for grant funding and are actively seeking
new business in the community cenlres in order lo continue operations.
Expenditure
Liabi1ilies are recognised as expenditure as s¢)on as there is a legal or conslruclive obligalion
comrnitting the charity lo that expenditure. il is probable that a transfer of economic benefits will be
required in selllernenl and the amount of the obligation Can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related lo the category. Where cosls cannot be directly attributed to particular headings Ihey have been
allocated lo activities on a basis consistenl with Ihe use of resour￿$.
Tangible fixed assets
Depreciation is provided al the following annual rates in order lo write off each asset over its eslimaled
useful life.
Fixtures and fittings
Computer equipment
25°/o on cost
250/0 on cost
Fixed assets are staled al cost less accumulated deprecialion and accumulated impairment losses.
Where parts of an item of property, plant and equipment have different useful lives, they are accounted
for as separate items of property, plant and equipment.
Depreciation Meth￿S, useful lives and residua￿ values are reviewed al each balance sheet dale. The
selection of these residual values and eslimaled lives requires the exercise of judgement. The
directors are required lo assess whether there is an indication of impairment lo the carrying value of
assets. In making that assessment, judgements are made in eslimaling value in use. The directors
consider that the individual carrying values of assets are supportable by their value in use.
Page g
conlinued. .

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2022
ACCOUNTING POLICIES- continued
Taxation
The charity is exempl from corporation lax on ils charitable aclivilies.
Fund accounting
Unrestricted funds can be used in ac￿rdanCe with the charitable objectives at the discretion of the
Iruslees.
Reslricled funds can only be used for particular reslricled purFX)ses within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular ￿StriCted
purposes.
Further explanation of the nature and purpose of each fund is induded in the notes to the financial
stalemenls.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Conlribulions payable lo the
charitable company's pension scheme are charged lo the Statement of Financial Activities in the
period lo which they relate.
Financial instruments
Cash and cash equivalents in the balance sheet comprise cash al banks and in hand and short term
deposits with an original maturity dale of three months or less.
Debtors and creditors with no slated interest rale and receivable or payable within one year are
recorded al transaction pri￿. Any losses arising from impairment are recognised in the statement of
financial aclivilies under adminislralive expenses.
Financial liabilities and equity instruments are dassified according lo the substance of the conlraclual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in
the assets of the ents.ty after deducting all of ils financial Iiabililies.
Where the conlraclual obligations of financial instruments are equivalent lo a similar debt inslrumenl,
those financial instruments are classed as financial liabilities. Financial liabilities are presented as such
in the balan￿ sheet. Finan￿ costs and gains or losses relating lo financial Iiabililies are included in
the slalemenl of financial aclivilies. Finance costs are calculated so as to pr(￿U¢e a constant fate of
return on the outstanding liability.
DONATIONS AND LEGACIES
2022
2021
Grants
18,297
30,329
Grants re￿ived, included in the above, are as follows..
2022
2021
Northarnplon Borough Council
Governmenl Grants- CJRS
Northamplonshire Community Foundation
Other grant providers
West Northamplonshire Council
1,800
28,169
157
203
1,736
15,000
1,061
500
18,297
30,329
Page 10
continued...

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2022
OTHER TFIADING ACTIVITIES
2022
2021
Catering income
After school dub
Breakfast Club fees
Room hire
Cleaning income
Healthy meals
3,962
20,324
2,897
95,181
8.754
8.183
2,261
12,042
3,222
39,717
9,523
84.233
139,301
150,998
INVESTMENT INCOME
2022
2021
Inlerosl receivable
12
16
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
nole 61
SupF)Ort
C4)sls (see
note 71
Totals
Direct
Management
20.404
128,337
2,862
148,741
2,862
20,404
131,199
151,603
DIRECT COSTS OF CHARITABLE ACTIVITIES
2022
2021
Playscheme costs
Breakfast club costs
After school dub
Healthy Meals
Catering costs
Depreciation
Loss on sale of assets
3,996
5,294
3,403
7,123
220
368
1.704
1,200
42,467
529
135
20,404
46,035
Page11
conlinued...

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2022
SUPPORT COSTS
Goveman
costs
Management
Finar￿e
Totals
Direct
Management
126.645
2,683
1.692
128.337
2.862
179
129.328
179
1,692
131,199
Support costs. induded in the atove. are as follows:
Management
2022
Total
activities
2021
Total
activities
Direct
Management
Wages
Social seoJrity
Pensions
Rates and water
Insuran
Light and heal
Telephone
Postage and slalionery
Rent
Repairs & renewals
Cleaning
Training C£*sIs
88.629
1,697
88,629
1,697
112,694
837
513
1,035
7,895
1,935
1,389
16,838
1,938
2.178
270
419
1.082
5,551
419
1,082
5,551
1,517
1,047
19.970
3,410
5,1
270
1.517
63
19.970
3,410
5.1
270
126,645
2,683
129,328
149,210
Finance
2022
2021
Total
activities
Management
Bank charges
179
111
Governance costs
2022
2021
Total
8clivilies
Direct
Independent Examiners. Remureration
Legal fees
Interest F)ayable
1,692
1,266
40
33
1,692
1,339
Page 12
continued...

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2022
NET INCOMEIIEXPENDITUREI
Nel incomellexpendilurel is slated after Chargin￿(credItIng}.
2022
2021
Independent Examiners, Remuneration
Depreciation - owned assets
Deficit on disposal of fixed assets
1,692
368
1,266
529
135
Independent examiners, remuneration is made up of the following components of chaTge'.
2022
2021
Fees for independent examination
Fees for stalulory accounts preparation
892
800
666
600
1,692
1,266
TRUSTEES. REMUNEFiATION AND BENEFITS
There were no Iruslees. rernuneration or other benefits for the year ended 31 July 2022 nor for the year
ended 31 July 2021.
Trustees, expenses
There were no Iruslees, expenses paid for the year ended 31 July 2022 nor for the year ended
31 July 2021.
STAFF COSTS
2022
2021
Wages and salaries
Social security costs
Other pension Cosis
88,629
1,697
546
112,694
1,688
837
90,872
115,219
The average monthly number of employees during the year was as follows..
2022
2021
Administration
No employees received emoluments in excess of £60,000.
The lolal remuneration paid lo key managemenl personnel was £28.59712021.' £27,962).
L Russell is a direclor of the company, but not a trustee. During the year she was paid, as an employee
of the charitable company total remuneration of £28,597 12021.. £27.9621, as perrmitted per the
Company's Memorandum of Association, for her role as the manager of the charitable company.
Page 13
nlinued...

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2022
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unreslricled
fund
Reslricled
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
29,969
360
30,329
Other trading 8clivilies
Investment income
150,998
16
150,998
16
Total
180,983
360
181,343
EXPENDITURE ON
Raising funds
Other trading aciivilies
12,199
5,495
17,694
12,199
5.495
17,694
Charitsble activities
Direct
Management
192,990
3,705
192,990
3,705
Total
208,894
5,495
214,389
NET INCOMEIIEXPENDITUREI
Transfers between funds
127,911 }
6,198
15.1351
16,1981
133.046}
Nel movement in funds
121,7131
111,3331
133,0461
RECONCILIATION OF FUNDS
Total funds brought forward
31.948
11,333
43,281
TOTAL FUNDS CARRIED FORWARD
10,235
10,235
Page 14
continued...

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- conlinued
FOR THE YEAR ENDED 31 JULY 2022
12. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Computer
equipmenl
Totals
COST
Al 1 August 2021
Additions
29,578
1,618
331
31,196
331
Al 31 July 2022
29,578
1,949
31,527
DEPRECIATION
Al 1 August 2021
Charge for year
29,578
1,001
30,579
368
Al 31 July 2022
29,578
1,369
30,947
NET BOOK VALUE
Al 31 July 2022
580
Al 31 July 2021
617
617
13. DEBTORS: AMOUF￿s FALLING DUE WITHIN ONE YEAR
2022
2021
Trade debtors
Prepayments and accrued income
23,389
7,048
22,009
7,932
30,437
29,941
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Social security and other taxes
Accnjals 2nd deferred income
742
39,363
855
32,626
40,105
33,481
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows..
2022
2021
Within one year
Between one and five years
18.740
2,250
18,290
11,250
20,990
29,540
Page 15
continued...

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS-continued
FOR THE YEAR ENDED 31 JULY 2022
16.
MOVEMENT IN FUNDS
Nel
fflovement
in funds
Al
3117122
At 118121
Unrestricted funds
General fund
10,235
12,4041
7,831
TOTAL FUNDS
10,235
12,4041
7,831
Net movemenl in funds, induded in the above are as fotlows"
Incoming
resources
Resources
expended
Movement
in lunds
Unrestricted funds
General fund
157,610
1160.014)
12,4041
TOTAL FUNDS
157,610
1160.014)
(2.4041
Comparatives for movement in fvnds
Nel
movement
in fvnds
Transfers
be￿en
fvnds
Al
3117121
At 118120
Unrestricted funds
General fund
31.948
127,9111
6.198
10,235
Restricted funds
Music and Arts Fund
Northamplonshire Community
Foundation
11,333
{11,3331
15.1351
5.135
11,333
15,135}
16,1981
TOTAL FUNDS
43,281
133,046)
10,235
Page 16
continued...

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2022
16.
MOVEMENT IN FUNDS- continued
Comparalive nel movement in funds, induded in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
180,983
{208,8941
{27,911)
Restricted funds
Northamplonshire Community
Foundation
360
15,4951
15,1351
TOTAL FUNDS
181,343
1214,389}
133,0461
The restricted funds are for the following purposes..
A grant from Delapre Primary School supports the employment of a community link worker.
A grant from JRB supports music and arts activities for primary school children. The balance on this
fund was transferred lo the General fund, with the agreement of the original funder, lo cover increased
costs during Covid.
A grant from Northamplonshire Community Foundation is for providing food par￿1$, hol dinners and
packed lunches during the Covid-19 pandemic.
The transfer from General fund lo Northamptonshire Community Foundation fund is due to an
overspend on the Northamplonshire Community Foundation fund.
17. RELATED PARTY DISCLOSURES
There were no related party transaction for the year ended 31 July 2022 and the year ended 31 July
2021.
Page17

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JULY 2022
2022
2021
INCOME AND ENDOWMENTS
Donations and legacies
Grants
18,297
30,329
Other trading activities
Catering Incorne
After school dub
8reakfasl Club fee$
Room hire
Cleaning income
Healthy meals
3,962
20,324
2,897
95,181
8,7S4
8,183
2,261
12,042
3,222
39,717
9,523
84.233
139,301
150.998
Investment income
Interest receivable
12
16
Totsl incoming resources
157,610
181.343
EXPENDITURE
Other trad ing activities
Purchases
Bad debts
8,411
14,255
3,439
8,411
17,694
Charitable activities
Playscheme costs
Breakfast club costs
After school club
Healthy meals
Catering costs
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets
3,996
5,294
3,403
7,123
220
368
1,704
1,200
42,467
529
135
20,404
46,035
Support cost5
Management
Wages
Social security
Pensions
Rates and water
Insurance
Light and heal
Telephone
Carried forward
88,629
1,697
546
419
1,082
5,551
1,517
99,441
112,694
1,688
837
513
1,035
7,895
1,935
126,597
This page does not form part of the slalulory financial slalemenls
Page18

THE SOUTHERN QUARTER DEVELOPMENT LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JULY 2022
2022
2021
Management
Brought forward
Postage and slalionery
Rent
Repairs & renewals
Cleaning
Training costs
99,441
1,047
19,970
3,410
5,190
270
126,597
1,389
16,838
1,938
2,178
270
129.328
149,210
Finance
Bank charges
179
111
Governance costs
Independent Examiners, Remuneration
Legal fees
Interest PaYa￿e
1.692
1,266
40
33
1,692
1,339
Total resources expended
160,014
214,389
Net expenditure
{2,404)
{33,0461
This page does not form part of ihe statutory finanryal stslemenls
Page 19