REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 FOR THE SOUTHERN QUARTER DEVELOPMENT LIMITED
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
| Page | |
|---|---|
| Report of the Trustees | 3 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| N o t e s t o t h e Financial S t a t e m e n t s | 9 to 15 |
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED (REGISTERED NUMBER: 05516972) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The objectives of the charity are to promote for the benefit of the inhabitants of the southern quarter of Northampton, without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together inhabitants and statutory authorities, voluntary and other organisations, 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 of the said inhabitants.
The activities of the charity are the hiring of rooms space to individuals, groups or organisations that require space to carry out their own activities for the inhabitants of the southern quarter of Northampton and beyond. The charity also assists in helping local residents to form groups to provide recreation, social and leisure activities for the community.
Public benefit
The trustees have had regard to the guidance on public benefit issued by the Charity Commission, and believe that the activities and aims stated above meet the requirement of being a public benefit.
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED (REGISTERED NUMBER: 05516972) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 ACHIEVEMENT AND PERFORMANCE
Far Cotton REC Centre it is still popular with training courses, conferences and meetings in the week as well as regular groups including a church, Wrestling Group and Salsa Classes on Sundays, dancing lessons on a Monday & Thursday, slimming group, chair exercise for the elderly through the week, but we still have a lot of spaces to fill. We continue to offer a buffet service for meetings and training courses, and have built a reputation for providing good affordable home made food, which has resulted in catering for private functions, and we have been awarded a 5* food hygiene rating, and staff are Level 2 Food Hygiene trained.
Delapre Community Rooms hosts many groups and activities, including dance classes, over 55's group, Pilates, keep fit and NHS Clinics twice a week. We also have two regular churches that meet on a Sunday. Saturdays at both centres can host baby - 11 year old parties. We provide a breakfast club and after school club and we continue to work in partnership with Delapre Primary School on various projects.
Squidge Breakfast Club is still well attended with average 30 children a day. We have a large menu so the children have a choice of breakfast, so they have a good start to the day. We use a 'walking bus' to get the children to school.
Squidge After School Club is also well attended, with many activities for the children including art and craft, lego, play kitchen, dolls, cars, dressing up and in the good weather we have an outside area, with balls, scooters etc.
We use a ‘walking bus’ to get the children from school to Delapre Community Rooms and the children are given a substantial snack on arrival. Our pottery room is well used with pottery classes offered twice a week, and a jewellery making group twice a week. We applied for a grant from Northamptonshire Community Foundation to provide low cost courses for mums and children, as well as out of school activities, which was awarded on 1st July 2023.
We again offered cookery on a budget classes on a Wednesday from August 2023, aimed at mums or dads, to provide home cooked meals for a family of four for a fiver which was well received. We also had summer holiday activities for children, starting in August 2023, including cookery, pottery and dance, all of which were popular.
We still have a supplies cupboard at Delapre Community Rooms, made up of donations from generous local people, so that we can continue to provide food parcels for families still struggling, and the foyer of Far Cotton REC Centre which is still a donation station for people to bring anything and everything from clothing, baby essentials including, buggies, cots, books, to name a few things, and it is all free for people to take, and is very popular and well received.
We are still in uncertain times, so we still continue on a day to day basis, and continue to promote our centre's and activities, as well as actively looking for new groups to hire our buildings.
FINANCIAL REVIEW
Reserves policy
The charity seeks to maintain reserves at a level of 3 to 6 months expenditure.
At the year end total reserves were a deficit of £9,352 (2023: £12,748 deficit). During the year a surplus of £3,396 (2023 deficit £20579) was made.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitues a Limited Company, limited by guarantee, as defined by the Companies Act 2006.
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED (REGISTERED NUMBER: 05516972) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees
Trustees are recruited from the local community and are elected by the members. Induction is achieved by meeting with the Chair and company secretary and by the supply of accounts and other documentary information. Organisational structure
Day to day management of the charity's activities is delegated to Ms L E Russell.
REFERENCE AND 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 A W Tew Ms L Tregilgas
Company Directors
B J Glynane Ms C E Haynes Mrs L E Russell
Company Secretary
Mrs L E Russell
Independent Examiner
LJ Accountants The Workstation, Bellingham House 2 Huntingdon Street ST Neots PE19 1BG
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 30 July 2025 and signed on its behalf by:
Ms C E Haynes - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SOUTHERN QUARTER DEVELOPMENT LIMITED
Independent examiner's report to the trustees of The Southern Quarter Development Limited ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters, other than that disclosed below, have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters, other than that disclosed below, in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Conclusions and qualification relating to going concern
There is a material uncertainty regarding the charity's ability to continue operating as a going concern. I have not received sufficient evidence to confirm that the charity is likely to have sufficient reserves to be able to continue in operation for at least 12 months from sign off of my report. Please see page 2 of the Trustees Report for further information.
My report is qualified in this regard only.
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 compnay's members as a body, for our independent examination work, for this report, or for thr opinions we have formed.
L James ACMA LJ Accountants The Workstation, Bellingham House 2 Huntingdon Street ST Neots PE19 1BG
31 July 2025
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2024
| THE SOUTHERN QUARTER DEVELOPMENT LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 JULY 2024 |
ACCOUNT) | |||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | |||||
| **Unrestricted fund ** | **Restricted fund ** | Total funds | Total funds | |||
| INCOME AND ENDOWMENTS FROM | Notes | £ | £ | £ | £ | |
| Donations and legacies | 2 | - | - | 15,220 | ||
| Other trading activities | 3 | 122,584 | - | 122,584 | 132,712 | |
| Investment income | 4 | - | - | - | 49 | |
| Total | 122,584 | - | 122,584 | 147,981 | ||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Other trading activities | - | - | 19,440 | |||
| - | - | - | 19,440 | |||
| Charitable activities | ||||||
| Direct | 5 | 116,352 | 116,352 | 145,146 | ||
| Management | 2,836 | 2,836 | 3,974 | |||
| Total | 119,188 | - | 119,188 | 168,560 | ||
| NET INCOME/(EXPENDITURE) ) | 3,396 | (20,579) | ||||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | (12,748) | - | (12,748) | 7,831 | ||
| TOTAL FUNDS CARRIED FORWARD | (9,352) | - | (12,748) | (12,748) |
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED (REGISTERED NUMBER: 05516972) BALANCE SHEET 31 July 2024
| BALANCE SHEET 31 July 2024 |
||||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | |||||
| **Unrestricted fund ** | **Restricted fund ** | Total funds | Total funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 12 | - | - | 213 | ||
| CURRENT ASSETS | ||||||
| Debtors | 13 | 32,517 | 34,260 | |||
| Cash at bank and in hand | 1,025 | 5,098 | ||||
| 33,541 | - | - | 39,358 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 14 | (42,890) | (52,319) | |||
| (9,349) | - | - | (12,961) | |||
| NET CURRENT ASSETS/(LIABILITIES) | ||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 9,349 | (12,748) | ||||
| NET ASSETS/(LIABILITIES) | 9,349 | - | - | (12,748) | ||
| FUNDS | 16 | (9,349) | (12,748) | |||
| Unrestricted funds | (9,349) | - | - | (12,748) | ||
| TOTAL FUNDS |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus 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 to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 July 2025 and were signed on its behalf by:
C E Haynes - Trustee
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED N O T E S TO THE FINANCIAL S TAT E M E N T S FOR THE YEAR ENDED 31 JULY 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£).
Critical accounting judgements and key sources of estimation uncertainty
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably
Government grants
Grants received from the Government are included in the Statement of Financial Activities once there is reasonable assurance the charity will comply with the conditions to the grant and the grant will be received. Going concern
The Trustees have assessed the going concern status of the charity and intend to continue running the Charity in years to come. Management continue to apply for grant funding and are actively seeking new business in the community centres in order to continue operations in the current form. Therefore the accounts have been prepared on a going concern basis.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement 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 al cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
| Tangible fixed assets | Tangible fixed assets |
|---|---|
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. | |
| Fixtures and fittings | - 25 % on cost. |
| Computer equipment | - 25 % on cost. |
Fixed assets are stated at cost less accumulated depreciation 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 plant, property & equipment
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
1. ACCOUNTING P O L I C I E S - c o n t i n u e d
Tangible fixed a s s e t s
Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values & estimated lives requires the exercise of judgment, the directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgments are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other poet-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Financial Instruments
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of financial activities under administrative e x p e n s e s .
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 entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the statement of financial activities. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
2. DONATIONS AND LEGACIES
| 2. DONATIONS AND LEGACIES Grants Grants received, included in the above, are as follows: Government Grants - CJRS Northamptonshire Community Foundatior Other grant providers West Northamptonshire Council Friends of Far Cotton Waitrose 3. OTHER TRADING ACTIVITIES Catering income After school club Breakfast Club fees Room hire Cleaning income Healthy meals Miscellaneous Income 4. INVESTMENT INCOME Interest receivable |
2024 2023 £ £ - 15,220 - - - 15,000 - - - - - 220 - - |
|---|---|
| - 15,220 |
|
| 4,225 18,109 18,202 7,504 8,288 95,241 78,526 15,412 8,059 1,730 - |
|
| 122,584 132,712 |
|
| - 49 |
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
Direct costs Support costs
5. CHARITABLE ACTIVITIES COSTS
| 5. CHARITABLE ACTIVITIES COSTS Direct Management 6. DIRECT COSTS OF CHARITABLE ACTIVITIES Playscheme costs Courses Breakfast club costs After school club Healthy meals Catering costs Miscellaneous costs Depreciation 7. SUPPORT COSTS Direct Management |
(see note 6) (see note 7) Totals £ £ £ 24,667 91,685 116,352 2,836 2,836 24,667 94,521 119,188 2024 2023 536 - 675 4,025 1,758 8,642 1,325 5,416 1,126 - 20,160 213 368 24,667 19,577 Management Finance Governance costs Totals £ £ £ £ 90,785 0 900 91,685 2,642 194 2,836 |
(see note 6) £ 24,667 |
(see note 7) Totals £ £ 91,685 116,352 2,836 2,836 |
|---|---|---|---|
| 24,667 | 94,521 119,188 |
||
| 2024 2023 536 - 675 4,025 1,758 8,642 1,325 5,416 1,126 - 20,160 213 368 24,667 19,577 |
|||
| 93,427 194 900 94,521 |
Support costs, included in the above, are as follows:
8. Management
| 2024 Total | 2023 Total | |||
|---|---|---|---|---|
| Direct | Management | activities | activities | |
| Wages | 91,027 | 91,027 | 90,576 | |
| Social security | 5,163 | 5,163 | 1,641 | |
| Pensions | 607 | 607 | 538 | |
| Rates and water | 1,664 | 1,664 | 1,093 | |
| Insurance | 718 | 718 | 918 | |
| Light and heat | 6,140 | 6,140 | 4,959 | |
| Telephone | - | 2,287 | 2,287 | 1,848 |
| Postage and stationery | - | 355 | 355 | 987 |
| Sundries | 1,589 | 1,589 | 188 | |
| Rent | (20,079) | (20,079) | 21,625 | |
| Repairs & Renewals | 3,646 | 3,646 | 2,554 | |
| Cleaning | 310 | 310 | 691 | |
| Training costs | - | - | ||
| 90,785 | 2,642 | 93,427 | 127,618 | |
| Finance | ||||
| Bank charges | 194 | 194 | 203 | |
| Governance costs | ||||
| Independent Examiners' Remuneration | 900 | 1,722 | ||
| NET INCOME/EXPENDITURE | ||||
| Net income/expenditure is stated after charging:- | ||||
| Independent Examiners' Remuneration | 900 | 1,722 | ||
| Depreciation - owned assets | 213 | 367 | ||
| Independent Examiners' Remuneration is made up of the following components of | charge:- | |||
| Fee for independent examination | 300 | 922 | ||
| Fee for stautory accounts preparation | 600 | 800 | ||
| 900 | 1722 |
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees remuneration or other benefits for the year ended 31 July 2024 nor for the year ended 31 July 2023
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023.
STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Administration No employees received emoluments in excess of £60,000. |
2024 2023 90,727 90,576 5,162 1,641 607 538 |
|---|---|
| 96,496 92,755 |
|
| 10 9 |
|
The total remuneration paid to key management personnel was £28,724 (2023: £27,248).
L Russell is a director of the company, but not a trustee. During the year she was paid, as an employee of the charitable company total remuneration of £28,724 (2023: £27,248), as permitted per the Company's Memorandum of Association, for her role as the manager of the charitable company.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Investment income Total EXPENDITURE ON Raising funds Other trading activities |
Unrestricted fund Restricted fund Total funds £ £ £ 15,220 15,220 132,712 132,712 49 49 |
|---|---|
| 147,981 - 147,981 |
|
| 19,440 19,440 |
|
| 19,440 19,440 |
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Charitable activities Direct Management Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 12. TANGIBLE FIXED ASSETS COST At 1 August 2023 & 31 July 2024 DEPRECIATION At 1 August 2023 Charge for year At 31 July 2024 NET BOOK VALUE At 31 July 2024 At 31 July 2023 |
Unrestricted fund Restricted fund Total funds £ £ £ 116,352 116,352 2,836 2,836 |
|---|---|
| 119,188 - 119,188 |
|
| 3,396 3,396 (12,748) (12,748) |
|
| (9,352) - (9,352) |
|
| Fixtures & Fittings Computer Equipment Totals £ £ £ 29,578 1,949 31,527 - 29,578 1,736 31,314 213 213 |
|
| 29,578 1,949 31,527 |
|
| - - - - 213 213 |
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THE SOUTHERN QUARTER DEVELOPMENT LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2024
| 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Trade debtors | 20,571 | 26,217 | |
| Prepayments and accrued income | 11,947 | 8,043 | |
| 32,518 | 34,260 | ||
| 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Social security and other taxes | 20,010 | 5,154 | |
| Other creditors | 4,871 | 162 | |
| Accruals and deferred income | 18,010 | 47,003 | |
| 42,891 | 52,319 | ||
| 15. LEASING AGREEMENTS | |||
| Minimum lease payments under non-cancellable operating leases fall due as follows: | |||
| Within one year | - | 11,990 | |
| Between one and five years | - | ||
| - | 11,990 | ||
| 16. MOVEMENT IN FUNDS | |||
| Net Movement | |||
| At 1/8/23 | in Funds | At 31/7/24 | |
| Unrestricted funds | (12,748) | 3,399 | (9,349) |
| General fund | |||
| TOTAL FUNDS | (12,748) | 3,399 | (9,349) |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| Unrestricted funds | |||
| General fund | 122,585 | (119,186) | 3,399 |
| TOTAL FUNDS | 122,585 | (119,186) | 3,399 |
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