REGISTERED COMPANY NUMBER: 05487641 (England & Wales) REGISTERED CHARITY NUMBER: 1115332
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2022 FOR ALLSORTS FOR GOD LIMITED
Pritchard & Co Chartered Certified Accountants Ffynnonddofn 74 High Street Fishguard Pembrokeshire SA65 9AU
Allsorts For God Limited
Contents of the Financial Statements for the year ended 30th November 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
| Detailed Statement of Financial Activities | 9 |
Allsorts For God Limited
1
Report of the Trustees for the year ended 30th November 2022
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 30th November 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
Reference and Administrative Details Registered Company number
05487641 (England and Wales)
Registered Charity number 1115332
Registered office
Upper Llantydwell House Tavernspite Whitland Carmarthenshire SA34 0NR
Trustees
G G Perfect C A Perfect D J Thomas C Barnes (appointed 2 February 2023)
Stucture, Governanace and Management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Allsorts for God Limited is governed by its memorandum and articles as dated 22nd June 2005 and amended 3rd July 2006 and has been a registered charity since 14th July 2006.
Recruitement and appointment of new trustees
Trustees are recruited by seeking nominations from the membership and are elected by the membership in attendance at the organisation's Annual Forum, which is also the Annual General Meeting.
Induction and training of new trustees
New trustees are informed of their legal obligations and the general running of the charity on appointment. Existing trustees are kept up to date with the legal obligations and general running of the charity at trustee meetings.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectives and Activities
Objective and aims
To advance the christian religion particularly but not exclusively among young people and people who have little or no understanding or experience of the same in accordance with the charities statement of beliefs.
To advance the education of the public in creative and communications skills, in particular but not exclusively by the provision of access to a project recording studio and the provision of music tutorial workshops.
2
Allsorts For God Limited
Report of the Trustees for the year ended 30th November 2022
Financial Review
Reserves policy
The charity maintains sufficient reserves to maintain itself.
On Behalf of the Board
Mr G G Perfect - Trustee Date……………………….
3
Report of the Independent Examiner to The Trustees of Allsorts for God Limited for the year ended 30th November 2022
I report on the accounts of the Trust for the year ended 30th November 2022, which are set out on pages 4 to 8
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 43 of the 1993 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would by required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 41 of the 1993 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting
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requirements of the 1993 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
I.R.Williams, FCA, FCCA
Pritchard & Co. Chartered Certified Accountants Ffynnonddofn 74 High Street Fishguard Pembrokeshire SA65 9AU
Date……………………………
4
Allsorts For God Limited
Statement of Financial Activities for the year ended 30th November 2022
| Incoming Resources Activities for generating funds Donations Rental income Total incoming resources Resources expended Charitable activites Governance costs Total Resources expended Net incoming /(outgoing) resources Total funds brought forward Total funds carried forward |
Unrestricted Funds 2022 £ 2,500 33,040 35,540 4,655 229 4,884 30,656 801,582 832,238 |
2021 £ - 24,718 24,718 4,159 228 4,387 20,331 781,251 801,582 |
|---|---|---|
The notes form part of these financial statements
5
Allsorts For God Limited
Balance Sheet as at 30th November 2022
| Notes Fixed Assets Tangible assets 4 Current Assets Debtors amounts falling due within one year 5 Cash at bank Creditors Amounts falling due within one year 6 Net Current Assets Total Assets Less Current Liabilities Net Assets Funds Unrestricted funds 7 Total Funds |
2022 £ 760,887 97,646 1,296 98,942 27,591 71,351 832,238 832,238 832,238 832,238 |
2021 £ 752,887 68,604 3,992 72,596 23,901 48,695 801,582 801,582 801,582 801,582 |
|---|---|---|
For the year ended 30th November 2022 the company was entitled to exemption under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Signed on behalf of the board of Directors
………………………………
Mr G G Perfect
Approved by the board………………………………………….
The notes form part of these financial statements
6
Allsorts For God Limited
Notes to the Accounts for the year ended 30th November 2022
1. Accounting Policies
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting and Reporting by Charities".
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resouces expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings thay have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
The freehold properties are located in Monkton and Haverfordwest. An assesment of the net realisable value of the properties at historic cost has been undertaken. On the basis that the properties will be well maintained and such repair costs will be charged to the profit and loss account, it is the view of the directors that the net realisable value equates to cost. Depreciation is charged on freehold property (excluding land) on cost less the estimated residual value over 50 years. On the basis of the above no charge is deemed necessary. An impairment review is carried out on an annual basis where the market value of the property is at least as much as the carrying value in the accounts. Provision is made for any permanent fall in value.
Taxation
The charity is exempt from corporation tax on its charitable income and expenditure.
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. Resttrictions 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.
2. Investment Income
| Rents Received | 30.11.22 £ 33,040 33,040 |
30.11.21 £ 21,718 21,718 |
|---|---|---|
7
Allsorts For God Limited
Notes to the Accounts
for the year ended 30th November 2022 - continued
3. Trustees' Remuneration And Benefits
There were no trustees' remuneration or other benefits for the year ended 30 November 2022 nor for the year ended 30 November 2021.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 30 November 2022, nor for the year ended 30 November 2021, other than travel expenses of £520 (2010 - £520).
4. Tangible Fixed Assets
| 4. Tangible Fixed Assets Cost At 1 December 2021 Additions At 30 November 2022 Net Book Value At 30 November 2022 At 30 November 2021 5. Debtors: Amounts Falling Due Within One Year 30.11.22 £ Other debtors 97,646 97,646 6. Creditors: Amounts Falling Due Within One Year 30.11.22 £ Other creditors 27,591 27,591 7. Movement In Funds Net movement At 1.12.21 in funds £ £ Unrestricted Funds General fund 801,582 30,656 Total Funds 801,582 30,656 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 35,540 4,884 Total Funds 35,540 4,884 |
Freehold Property £ 752,887 8,000 760,887 760,887 752,887 30.11.21 £ 68,604 68,604 30.11.21 £ 23,901 23,901 At 30.11.22 £ 832,238 832,238 Movement in funds £ 30,656 30,656 |
|---|---|
Allsorts For God Limited
8
Notes To The Accounts
for the year ended 30 November 2022 - continued
8. Related Party Disclosures
During the year Home Rent West Wales Limited, a company owned by the charity's trustees (directors), Mr Graham Perfect and Mrs Christina Perfect, collected rents in respect of the property held on the balance sheet on behalf of the charity.
As at the year end Mr and Mrs Perfect were owed by the charity £24,995 (2021 - £18,806). This is included within other creditors in the accounts.
9. Ultimate Controlling Party
During the year the company was controlled by Mr and Mrs Perfect by virtue of their overall responsibilities within the company.
Allsorts For God Limited
9
Detailed Statement of Financial Activities for the year ended 30 November 2022
| Incoming Resources Donations Investment Income Rents received Total incoming resources Resources Expended Charitable activities Rates and water Heat and light Travel expenses Insurance Telephone TV licences Governance Costs Accountancy Support Costs Other Insurance Sundries Total resources expended Net income/expenditure |
30.11.22 £ 2,500 33,040 35,540 406 2,526 520 894 150 159 4,655 - 180 49 229 4,884 30,656 |
30.11.21 £ - 24,718 24,718 1,104 1,195 520 816 365 159 4,159 - 179 49 228 4,387 20,331 |
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This page does not form part of the statutory financial statements