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|Contents|Page|
|---|---|
|Information|2|
|Trustees' Report|3-5|
|Statement of FinancialActivities|6|
|Balance Sheet|7|
|Notes to the Accounts|8-13|
|Independent Examiner's Report|14|
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|Trustees (a|nd dire|ctors)
serving|throughoutthe year until|the dateof signing||
|---|---|---|---|---|---|
||||Office Held|Joined the|Left the|
|||||Board|Board|
||D|Chan|Chair|||
||S|Capewell|Secretary|25/03/2022|28/01/2023|
||S|Foreman||||
||C|Griffel|Vice Chair|||
||A|Howers|||05/01/2023|
||D|Jeans||||
||A|Liguori||||
||V|Nel||17109/2022|12/03/2023|
||A|Peck|Treasurer|||
||C|Scott||||
||C|Stephens|Secretary|08/06/2023|19/07/2023|
||A|Thomas||17109/2022||
||S|Turner|||09/04/2022|
|Bankers||CAF Bank||||
|||25 Kings Hill|Avenue|||
|||Kings Hill||||
|||West Malling||||
|||Kent||||
|||ME19 4JQ||||
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||||2023|||2022|
|---|---|---|---|---|---|---|
||||||Total|Total|
|||Unrestricted|Restricted||Funds|Unrestricted|
||Note||||||
|Income from:|||||||
|Donations|2|33,194|1,437||34631|36,237|
|Charitable activities|2|19,612|||19,612|376|
|Other trading activities|2|||||460|
|Interest received|2|431|||431|121|
|Totalincome||53,237|1 ,437||54,674|37,194|
|Expenditure on:|||||||
|Raising funds|3|68|||68|150|
|Charitable activities|3|53,009||430|53,439|35,649|
|Total expenditure||53,077||430|53,507|35,799|
|Net income and expenditure for|the year||||||
|and net movement in funds||160|1,007||1,167|1,395|
|Reconciliation of funds|||||||
|Totalfunds brought forward||106,281|||106,281|104,886|
|Total funds carried forward|13|106,441|1|,007|107,448|106,281|
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|Knitting & CrochetGuild
Balance Sheet
As at 31 March 2023||||||
|---|---|---|---|---|---|
||Note||2023||2022|
|Fixed assets||||||
|Intangible assets|7||333||1,133|
|Tangible assets|8||3,670||4,582|
|Heritage assets|9||13,584||13,584|
|Totalfixed assets|||17,587||19,299|
|Current assets||||||
|Debtors& Prepayments|10|11,780||10,445||
|Cash at bank and in hand||78,530||82,924||
|Total current assets||90,310||93,369||
|Liabilities||||||
|Creditors: amounts falling due within||||||
|oneyear|11|449||6,387||
|Net current assets|||89,861||86,982|
|Total assets less current liabilities|||107 ,448||106,281|
|Thefunds of the charity:||||||
|Unrestricted funds|13||106,441||106,281|
|Restricted funds|14||1,007|||
||||107,448||106,281|
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|Analysis of income from:|||
|---|---|---|
||2023|2022|
|Donations|||
|Membership subscriptions|28,153|28,714|
|Gift aid|3,350|3,401|
|Donations|1 ,658|3,722|
|Donations relating to the collection|1,470|400|
||34,631|36,237|
|Charitable activities:|||
|Convention|18,377||
|Collection|||
|Sales|451|331|
|Trunk shows and open days|410||
|Shows and workshops|374|45|
||19,612|376|
|Other trading activities|||
|200 Club||460|
|Other income|||
|Bank interest received|431|121|
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|Analysis of expenditure on:|||
|---|---|---|
||2023|2022|
|Raising funds|||
|200 Club prizes|68|150|
|Charitable Activities|||
|Slipknot Production|9,605|9,923|
|Insurance|812|827|
|Premises (Britannia Mill) costs:|||
|- Rent, ratesand service charges|6,637|7,600|
|- Buildings insurance|453|433|
|- Electricity|600|614|
|- Internet connection|544||
|- Repairs and maintenance|424|337|
|- Depreciation|2,309|2,309|
|Collection costs:|||
|- Collection materials|1,234|2,236|
|- Collection expenses|340|194|
|- Depreciation|660|664|
|Convention/ (Un-Convention) expenditure|15,851|112|
|Membership|||
|- Membership expenses|1,702|1,906|
|- Databasedepreciation|800|800|
|- Databaserunning costs|3,672|3,447|
|Marketing(including rebrand completion)|2,480|1,045|
|Website costs|||
|- softwareand fees|1 ,285|1,114|
|- websitedepreciation||179|
|Governance costs:|||
|- Governance expenses|1,485|1,217|
|- Legalcosts|2,400||
|- Trustee indemnityinsurance|146|148|
||53,439|35,649|
|Being:|||
|Restricted funds|430||
|Unrestricted funds|||
|Designated funds|1 ,804|3,094|
|General funds|51,205|32,555|
||53,439|35,649|
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|The total operating lease payments under the non-cancella|ble lease for Britannia Mil|l are:|
|---|---|---|
||2023|2022|
|Not later than one year|5,427|6,512|
|Later than oneyear and not later than 5 years||5,427|
||5,427|11 ,939|
|The amounts chargeable to the Statement of Financial Activities will be|||
|Within one year|5164|6,197|
|Between two & five years||5,164|
||5,164|11,361|
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|Intangible assets|Website& Datab|
|---|---|
|Cost at 31 March2022 and 31 March 2023|19,575|
|Depreciation at 31 March2022|18,442|
|Charge for the year|800|
|At 31 March 2023|19,242|
|Net BookValue||
|At 31 March2023|333|
|At 31 March 2022|1,133|
|Tangible assets||||
|---|---|---|---|
||Leasehold|||
||property|Equipment|Total|
|cost at 31 March 2022|11,544|2,511|14,055|
|Additions||2,056|2,056|
|At 31 March2023|1 1 ,544|4,567|16,111|
|Depreciation at 31 March 2022|7,312|2,161|9,473|
|Charge for the year|2,309|659|2,968|
|At 31 March2023|9,621|2,820|12,441|
|Net BookValue||||
|At 31 March 2023|1 ,923|1,747|3,670|
|At 31 March2022|4,232|350|4,582|
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|Heritage assets||||
|---|---|---|---|
||Library|Collection|Total|
|Cost at 31 March 2022 and at 31 March2023|7,941|5,643|13,584|
|Debtors and prepayments||||
||2023||2022|
||E|||
|Prepayments|10,601||8,488|
|Accrued Income|979||972|
|Other debtors|200||985|
||11,780||10,445|
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|Creditors and accruals||||
|---|---|---|---|
||2023||2022|
|Accruals||62|75|
|Deferred income (note 12):||||
|Convention fees received in advance||50|5,635|
|Subscriptions paid in advance||75|100|
|Other creditors||262|577|
|||449|6,387|
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|Deferre|d Income|||
|---|---|---|---|
|||2023|2022|
|Deferred|income brought forward|5,735|1,469|
|Released|in the year|(5,685)|(1 ,394)|
|Deferred|in the year|125|5,660|
|Deferred|income carried forward|175|5,735|
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|Unrestricted Funds|||||
|---|---|---|---|---|
|Currentyear|At 31.3.2022|Income|Expenditure|At 31.3.2023|
|Designatedfunds|||||
|(a) Charities Advisory Trust|385|||385|
|(b) Collection|19,585|1,181|1,803|18,963|
|Total designated funds|19,970|1,181|1,803|19,348|
|General funds|86,311|52,056|51,274|87,093|
||106,281|53,237|53,077|106,441|
|13|Unrestricted Funds (continued)|||||
|---|---|---|---|---|---|
||Prioryear|At 31.3.2021|Income|Expenditure|At 31.3.2022|
||Designated funds|||||
||(a) CharitiesAdvisory Trust|385|||385|
||(b) Collection|22,279|400|3,094|19,585|
||Total designated funds|22,664|400|3,094|19,970|
||General funds|82,222|36,794|32,705|86,311|
||Totalunrestrictedfunds|104,886|37,194|35,799|106,281|
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|Allocation ofnet assets|between fun|ds|||
|---|---|---|---|---|
||Restricted|Designated|General|Total|
||Funds|Funds|Funds|Funds|
|2023|||||
|Fixed Assets|535|1,211|15,841|17,587|
|Cash at bank and in hand|472|18,137|59,921|78,530|
|Other net assets|||11,331|11,331|
|2023Total|1,007|19,348|87,093|107,448|
|2022|||||
|Fixed Assets||350|18,949|19,299|
|Cash at bank and in hand||19,620|62,954|82,574|
|Other net assets|||4,058|4,058|
|2022Total||19,970|85,961|105,931|
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