| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees' report |
2-5 | ||
| Independent examiners' |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | 8-9 | ||
| Nates to the financia | I statements | 10-18 |
| Millom Network | Millom Network | Centre Limited | Centre Limited | Centre Limited | Centre Limited | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| (A company | limited | by | guarantee) | ||||||||
| Legal and administrative | information | ||||||||||
| Charity number | 1117218 | ||||||||||
| Company | registration | number | 05591920 | ||||||||
| Registered | office | Unit 3 Devonshire | Road | Industrial | Estate | ||||||
| Devonshire | Road | ||||||||||
| Millom | |||||||||||
| LA184JS | |||||||||||
| Trustees | D Gabbert | ||||||||||
| R M Jackson | |||||||||||
| J 8Yates | |||||||||||
| SSharpe | |||||||||||
| T B McCafferty | |||||||||||
| M J Askew | |||||||||||
| D D Baker | |||||||||||
| N Moore | Appointed | 07September | 202Z | ||||||||
| M C Moore | Appointed | 02 August 2023 | |||||||||
| G J McGrath | Resigned | 30January 2023 | |||||||||
| C Webb | Resigned | 04January 2023 | |||||||||
| T Dixon | Resigned | 01June 2022 | |||||||||
| Secretary | Mr N Moore | ||||||||||
| Independent | examiners | robinson+co | |||||||||
| Oxford Chambers | |||||||||||
| New Oxford | Street | ||||||||||
| Workington | |||||||||||
| CA14 2LR |
| Unrestricted | Restricted | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total | Total | ||||
| Notes | f | 6 | 6 | ||||
| Income | |||||||
| Donations and legacies |
84,532 | 24,116 | 108,648 | 45,011 | |||
| Investment income |
78 | 78 | 16 | ||||
| Income from charitable | activities | 109,638 | 109,638 | 90,067 | |||
| Other income | 4,000 | ||||||
| Total income | 194,248 | 24,116 | 218,364 | 139,094 | |||
| Expenditure | |||||||
| Costs of raising funds | 12,155 | 399 | 12,554 | 19,022 | |||
| Fundraising trading. |
|||||||
| cost of goods sold and | other costs | 9 | 10,490 | 10,490 | 6,650 | ||
| Expenditure on charitable |
activities | 10 | 135,338 | 25,390 | 160,728 | 117,520 | |
| Tota I expenditure | 157,983 | 25,789 | 183,772 | 143,192 | |||
| Net income/(expenditure) | 36,265 | (1,673) | 34,592 | (4,098) | |||
| Reconciliation offunds |
|||||||
| Tota I funds brought forward |
77,261 | 86,114 | 163,375 | 167,473 | |||
| Total funds carried forward | 113,526 | 84,441 | 197,967 | 163,375 |
| Balance sheet | ||||||||
|---|---|---|---|---|---|---|---|---|
| as at | 31December | 2022 | ||||||
| 2022 | 2021 | |||||||
| Notes | ||||||||
| Fixed assets | ||||||||
| Tangible assets | 15 | 175,977 | 133,118 | |||||
| Current assets | ||||||||
| Debtors | 16 | 1,118 | 428 | |||||
| Cash at bank | and | in hand | 53,617 | 33,548 | ||||
| 54,735 | 33,976 | |||||||
| Creditors: amounts | falling | |||||||
| due within one | year | 17 | (32,745) | (3,719) | ||||
| Net current | assets | 21,990 | 30,257 | |||||
| Net assets | 197,967 | 163,375 | ||||||
| Funds | 18 | |||||||
| Restricted income | funds | 84,441 | 86,114 | |||||
| Unrestricted | income funds | 113,526 | 77,261 | |||||
| Total funds | 197,967 | 163,375 |
| Leasehold properties |
Straight line | over | the life ofthe lease |
|---|---|---|---|
| Plant and machinery | 10% —20%straight | line | |
| Fixtures, fittings and equipment— | 20%straight | line | |
| Motor vehicles | 20% straight | line | |
| Computer equipment |
33%straight | line |
| Donations | and legacies | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |||||
| funds | funds | Total | Total | |||||
| f | f | E | f | |||||
| Donations | 74,422 | 74,422 | 4,136 | |||||
| Grants receivable | 10,000 | |||||||
| Grantscape | 24,375 | |||||||
| Copeland | Borough Council | 3,589 | 3,589 | 2,000 | ||||
| Cumbria County Counol |
5,993 | 5,993 | 4,500 | |||||
| The National | Lottery | 23,448 | 23,448 | |||||
| ICC Grant | 668 | 668 | ||||||
| Other grants | 528 | 528 | ||||||
| 84,532 | 24,116 | 108,648 | 45,011 | |||||
| In 2021 of the donations | and legacies income, 641,075 was | attributabie | to restricted | income funds | with the | |||
| balance of | 63,936being added to unrestncted | income funds. | ||||||
| Investment | income | |||||||
| Unrestricted | 2022 | 2021 | ||||||
| funds | Total | Tota I | ||||||
| f | f | f | ||||||
| Bank interest | receivable | 78 | 16 | |||||
| 78 | 16 |
| 6. | Income from | charitable activities |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | 2022 | 2021 | |||||||
| funds | Total | Total | |||||||
| f | f | f | |||||||
| Sale ofgoods/services | 60,794 | 60,794 | 23,849 | ||||||
| Government | grants | 3,463 | |||||||
| Facilities hire | 12,425 | 12,425 | 9,580 | ||||||
| Catering | 12,092 | 12,092 | 17,384 | ||||||
| Printing services | 133 | 133 | 48 | ||||||
| Rental income | 23,970 | 23,970 | 32,192 | ||||||
| PAT Testing | 416 | ||||||||
| Miscellaneous | income | 224 | 224 | 3,135 | |||||
| 109,638 | 109,638 | 90,067 | |||||||
| In 2021 all of | the income from chantable | activities was attributable | to | unrestncted | funds. | ||||
| 7. | Other income | ||||||||
| 2022 | 2021 | ||||||||
| Total | Total | ||||||||
| E | f. | ||||||||
| Banking switch | bonus | 4,000 | |||||||
| 4,000 | |||||||||
| 8. | Cost of raising | funds | |||||||
| Unrestricted | Restricted | 2022 | 2021 | ||||||
| funds | funds | Total | Total | ||||||
| f | f | f | f | ||||||
| Rent and service charges | 2,302 | ||||||||
| Other trading | activities | 12,155 | 399 | 12,554 | 16,720 | ||||
| 12,155 | 399 | 12,554 | 19,022 |
| Unrestricted | 2022 | 2021 | ||
|---|---|---|---|---|
| funds | Tota I | Total | ||
| E | E | |||
| Shop | costs | 10,490 | 10,490 | 6,650 |
| 10,490 | 10,490 | 6,650 |
| Unrestricted | Restricted | 2022 | 2021 | ||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| E | f. | E | E | ||
| Charitable | activities | 135,338 | 25,390 | 160,728 | 117,520 |
| 135,338 | 25,390 | 160,728 | 117,520 |
| Net income/(expenditu | re) for t |
he y | ear | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| E | E | |||||
| IVet incoming/(outgoing) | resources | is stated after charging: | ||||
| Depreciation and other |
amounts written |
offtangible | fixed assets | 14,544 | 5,401 | |
| Loss on disposal oftangible assets | 3,870 |
| Employment | costs | 2022 | 2021 |
|---|---|---|---|
| Wages and salaries | 92,548 | 58,207 | |
| Pension costs | 966 | 1,505 | |
| 93,514 | 59,712 |
| 2022 | 2021 |
|---|---|
| Number | Number |
| 2022 | 2021 |
|---|---|
| 6 | f |
| 966 | 1,505 |
| Long | Fixtures, | |||||
|---|---|---|---|---|---|---|
| Tangible fixed assets | leasehold | Plant and | fittings and | Motor | Computer | |
| property | machinery | equipment | vehicles | equipment | Total | |
| 6 | 6 | 6 | f | 6 | ||
| Cost | ||||||
| At 1January 2022 | 138,438 | 7,308 | 1,307 | 6,450 | 56,099 | 209,602 |
| Additions | 18,000 | 1,583 | 41,690 | 61,273 | ||
| Disposals | (6,450) | (6,450) | ||||
| At 31December 2022 | 138,438 | 25,308 | 2,890 | 41,690 | 56,099 | 264,425 |
| Depreciation | ||||||
| At 1January 2022 | 14,774 | 2,959 | 1,072 | 2,580 | 55,099 | 76,484 |
| Charge for the year | 2,134 | 2,637 | 435 | 8,338 | 1,000 | 14,544 |
| On disposals | (2,580) | — | (2,580) | |||
| At 31December 2022 | 16,908 | 5,596 | 1,507 | 8,338 | 56,099 | 88,448 |
| Net book values | ||||||
| At 31December 2022 | 121,530 | 19,712 | 1,383 | 33,352 | 175,977 | |
| At 31December 2021 | 123,664 | 4,349 | 235 | 3,870 | 1,000 | 133,118 |
| 16. | Debtors | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | 6 | ||||
| Trade debtors | 220 | ||||
| Other debtors | 511 | ||||
| Prepayments | and accrued income | 607 | 208 | ||
| 1,118 | 428 | ||||
| 17. | Creditors: amounts | falling due | |||
| within one year | 2022 | 2021 | |||
| Trade creditors | 2,015 | ||||
| Other taxes and social | security | 392 | |||
| Other creditors | 492 | 163 | |||
| Accruals and deferred | income | 32,253 | 1,149 | ||
| 32,745 | 3,719 |
| 18. | Analysis | of net | of net | assets | between funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Tota I | ||||||||||
| funds | funds | funds | ||||||||||
| f | E | f | ||||||||||
| Fund balances | at | 31December 2022 as represented | by: | |||||||||
| Tangible | fixed | assets | 91,536 | 84,441 | 175,977 | |||||||
| Current | assets | 24,516 | 30,219 | 54,735 | ||||||||
| Current | liabilities | (2,526) | (30,219) | (32,745) | ||||||||
| 113,526 | 84,441 | 197,967 | ||||||||||
| 19. | Unrestricted | funds | At | At | ||||||||
| 1January | Incoming | Outgoing 31December |
||||||||||
| 2022 | resources | resources | 2022 | |||||||||
| f | f | f | ||||||||||
| General | funds | 77,261 | 194,248 | (157,983) | 113,526 | |||||||
| 20. | Restricted funds | At | At | |||||||||
| 1January | Incoming | Outgoing 31December |
||||||||||
| 2022 | resources | resources | 2022 | |||||||||
| f | f | f | ||||||||||
| General | restricted | funds | 86,114 | 24,116 | (25,789) | 84,441 | ||||||
| 21. | Related | party | transactions | |||||||||
| During the year payments | were made to | Mrs | D Shepherd, | who at the time was a | trustee of Millom | Network | ||||||
| Centre Limited, | in | respect | of bookkeeping | services. | These transactions | were at a commercial rate. |