|Report ofthe Trustees||1|to|11|
|---|---|---|---|---|
|Independent
Examiner's|Report||12||
|Statement of Financial|Activities||13||
|Balance Sheet||14|to|16|
|Notes to the Financial|Statements|17|to|24|
|Detailed Statement of|Financial Activities||25||
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|for the Year En|ded 3|1 March|2023||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31.3.23|31.3.22|
||||||Unrestricted||Restricted||Total|Total|
||||||funds||funds||funds|funds|
|||||Notes|E||E||E|E|
|INCOME AND ENDOWMENTS|||FROM||||||||
|Donations
and|legacies||||16,871||132,884||149,755|72,961|
|Other trading activities||||2|164,838||||164,838|139,071|
|Investment
income||||3|~2472||||~2472|59|
|Total|||||~184|181|~132884||~317065|212,091|
|EXPENDITURE|ON||||||||||
|Raising funds|||||5,629||||5,629|2,508|
|Charitable
activities|||||||||||
|Community
Facilities|||||154,252||26,507||180,759|135,864|
|Community
Cohesian||Events||||||644|644|160|
|Asda grant||||||||||649|
|Asda Childrens|party|||||||||874|
|880||||||166|50,472||50,638|38,005|
|Census Support||||||||||10,184|
|HAF Funding|||||||10,901||10,901|6,962|
|ESOL Refugee|R Community||||||||||
||||||||~29|594|~29 594||
|Total|||||~160|047|~118|118|~278 165|~195206|
|NET INCOME|||||24,|134|14,766||38,900|16,885|
|RECONCILIATION
OF FUNDS|||||||||||
|Total funds brought||forward|||325,935||3'l,|718|357,653|340,768|
|TOTAL FUNDS|CARRIED FORWARD||||350,069||46,484||396,553|357,653|
##
|South
e Devel
ment Trust Ltd||||||
|---|---|---|---|---|---|
|~Ba(an e~h||||||
|||||31.3.23|31.322|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|E|E|E|K|
|FIXED ASSETS||||||
|Tangible assets||10,257||10,257|10,714|
|CURRENT ASSETS||||||
|Debtors||15,648||15&648|15,003|
|Cash at bank and in hand||339,996||386,480|~354 931|
|||355,644|46,484|402,128|369,934|
|CREDITORS||||||
|Amounts
falling due within one year|10|(15,832)||(15,832)|(22,995)|
|NET CURRENT ASSETS||339,812|46,484|~386 296|346,939|
|TOTAL ASSETS LESSCURRENT LIABILITIES||350,069|46,484|396,553|357,653|
|NET ASSETS||350,069|46,484|396,553|~357 653|
##
|31 March 2023||||||||
|---|---|---|---|---|---|---|---|
|FUNDS||||||||
|Unrestricted
funds:||||||||
|Community
Facilities||||||||
|||||||280,193|264,908|
|BBO 15
% Unrestricted||||||19,876|11,027|
|Building repairs B|renewals|||- designated||50,000|50,000|
|||||||~350 069|~325 935|
|Restricted funds:||||||||
|Community
Lunches||||||7,866|5,575|
|Heathy Lifestyles Pilot services||||||3,657|3,657|
|Community
Cohesion|||Events|||6,231|2,909|
|Asda grant||||||1,059|1,059|
|Big Lottery Kitchen||and Newgrove|||Trust|433|433|
|Kitchen Grant||||||||
|BBOHerefordshire||Funding|||||328|
|Labyrinth
Project||||||3,372|3,445|
|Hereford
Community|||Fund -|Picnic|Boxes0|6,107|14,235|
|Winter Meals||||||||
|HAF Funding||||||2,401|77|
|Ukrainian
Support|Fund|||||14,902||
|ESOL Refugee and|Community|||||1,266||
|||||||46,484|3'I,718|
|TOTAL FUNDS||||||~396 553|~357 653|
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||||31.3.23|31.3.22|
|---|---|---|---|---|
||||E|E|
|Buffet and refreshments|||11,506|5,001|
|Rent|||40,308|38,870|
|Room hire|||112,113|941615|
|Internet
and|copies||911|585|
||||164,838|~139071|
|INVESTMENT|INCOME||||
||||31.3.23|31.3.22|
||||E|6|
|Deposit account interest|||2,472||
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated after charging/(crediting):|||
||||31.3.23|31.3.22|
||||E|E|
|Depreciation|- owned assets||~4076|~3030|
##
##
|3'I March 2022|.||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|STAFF COSTS|||||||||||
||||||||||31.3.23|31.3.22|
||||||||||E|E|
|Wages and salaries|||||||||96,825|86,914|
||||||||||96,825|~86 914|
|The average
monthly||number|of employees||during the year was as||follows:||||
||||||||||31.3.23|31.3.22|
|Staff|||||||||11|8|
|No employees|received emoluments|||in excess of E60,000.|||||||
|There were no|high paid staff for the|||years|ended 31 March 2023 and 31 March||||2022.||
|COMPARATIVES
FOR||THE STATEMENT OF|||FINANCIAL|ACTIVITIES|||||
||||||||Unrestricted||Restricted|Total|
||||||||funds||funds|funds|
||||||||E||E|E|
|INCOME AND ENDOWMENTS|||FROM||||||||
|Donations
and|legacies||||||17,590||55,371|72,961|
|Other trading|activities||||||139,071|||139,071|
|Investment
income||||||||59||59|
|Total|||||||~156 720||55,371|~212 091|
|EXPENDITURE|ON||||||||||
|Raising funds|||||||2,|508||2,508|
|Charitable
activities|||||||||||
|Community
Facilities|||||||125,982||9,882|135,864|
|Community
Cohesian||Events|||||||160|160|
|Asda grant|||||||||649|649|
|Asda Childrens|party||||||||874|874|
|BBO|||||||||38,005|38,005|
|Census Support|||||||||10,184|10,184|
|HAF Funding|||||||||~6962|~6962|
|Total|||||||~128490||66,716|~195 206|
|NET INCOME/(EXPENDITURE)|||||||28,230||(11,345)|16,885|
|South W
Deveto
ment Trust Ltd|South W
Deveto
ment Trust Ltd|South W
Deveto
ment Trust Ltd|||||
|---|---|---|---|---|---|---|
|Notes to the Financial Statements|||- continued||||
|for the|Year Ended 31 March|2023|||||
|7.|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES - continued|||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||E|E|E|
||RECONCILIATION
OF FUNDS||||||
||Total funds brought|forward||297,705|43,063|340,768|
||TOTAL FUNDS CARRIED FORWARD|||325,935|31,718|357,653|
|8.|TANGIBLE FIXEDASSETS||||||
|||||Fixtures|||
|||||and|Computer||
|||||fittings|equipment|Totals|
|||||6|E|E|
||COST||||||
||At
1 April 2022
Additions|||119,687|64,455
~3619|184,142
~3619|
||At 31 March 2023|||119,687|68,074|187,761|
||DEPRECIATION||||||
||At
1 April 2022|||119,687|53,741|173,428|
||Charge for year||||~4076|~4076|
||At 31 March 2023|||119,687|57,817|177,504|
||NET BOOK VALUE||||||
||At 31 March 2023||||~10257|~10 257|
||At 31 March 2022||||~10 714|~10 714|
|9.|DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||31.3.23|31.3.22|
||||||E|E|
||Trade debtors||||14,456|13,444|
||Prepayments||||~1192|~1559|
||||||15,648|15,003|
##
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|||||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
||Social security and|other taxes||||||2&468|3,918|
||Other creditors||||||||13,475|
||Accruals
and deferred|||income||||13,364|~5602|
|||||||||~15 832|22,995|
|11.|MOVEMENT
IN FUNDS|||||||||
|||||||||Net||
|||||||||movement|At.|
||||||||At 1.4.22|in funds|31.3.23|
||||||||E|6|E|
||Unrestricted
funds|||||||||
||Community
Facilities|||||||||
||BBO(5~Unrestricted
Building repairs 8 renewals||||- designated||264,908
11,027
~50 000|15,285
8,849|280,193
19,876
~50 000|
||||||||325,935|24,134|350,069|
||Restricted funds|||||||||
||Community
Lunches||||||5,575|2,291|7,866|
||Heathy Lifestyles Pilot|||services|||3,657||3,657|
||Community
Cohesion||Events||||2&909|3&322|6,231|
||Asda grant||||||1,059||1,059|
||Big Lottery Kitchen|and Newgrove||||Trust||||
||Kitchen Grant||||||433||433|
||BBOHerefordshire|Funding|||||328|(328)||
||Labyrinth
Project
Hereford
Community||Fund -||Picnic|Boxes8|3,445|(73)|3,372|
||Winter Meals||||||14,235|(8,128)|6,107|
||HAF Funding||||||77|2,324|2,401|
||Ukrainian
Support|Fund||||||||
|||||||||14,092|14,092|
||ESOL Refugee and|Community||||||||
|||||||||1,266|~1266|
||||||||31,718|~14 766|~46 484|
||TOTAL FUNDS||||||~357 653|38,900|~396 553|
##
##
|Net movement
in fu|nd|s, included
in the above are as fo|llows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted
funds||||||
|Community
Facilities||||||
|BBO15~Unrestricted|||175,332
8,849|(160,047)|15,285
8,849|
||||184,181|(160,047)|24,134|
|Restricted funds||||||
|Community
Lunches|||4,863|(2,572)|2,291|
|Community
Cohesion||Events|3,966|(644)|3i322|
|BBOHerefordshire|Funding||50,144|(50,472)|(328)|
|Labyrinth
Project
Hereford
Community||Fund - Picnic Boxes8||(73)|(73)|
|Winter Meals|||5,780|(13,908)|(8,128)|
|HAF Funding|||13,225|(10&901)|2,324|
|National
Lottery Fund|||9,954|(9,954)||
|Ukrainian
Support Fund||||||
||||14,092||14,092|
|ESOL Refugee and Community||||||
||||30,860|$29,5%I)|1,266|
||||~132884|~118 118)|~14 766|
|TOTAL FUNDS|||317,065|(278,116655)|38,900|
##
##
|Comparatives
for|mo|vement|in fu|nds|||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At.|
||||||At 1.4.21|in funds|funds|31.3.22|
||||||E|E|E|E|
|Unrestricted
funds|||||||||
|Community
Facilities|||||||||
|BBO15~Unrestricted|||||291,920
5,785|22,988
5,242|(50,000)|264,908
11,027|
|Building repairs
ET renewals|||-designated||||~50 000|~50 000|
||||||297,705|28,230||325,935|
|Restricted
funds|||||||||
|Community
Lunches|||||4,336|1,239||5,575|
|Heathy Lifestyles Pilot services|||||3,657|||3,657|
|Community
Cohesion||Events|||2,064|845||2,909|
|Asda grant|||||733|326||1,059|
|Asda Childrens
Party|||||874|(874)|||
|Big Lottery Kitchen|and Newgrove|||Trust|||||
|Kitchen Grant|||||433|||433|
|BBOHerefordshire|Funding||||7,625|(7,297)||328|
|Labyrinth
Project|||||3,445|||3,445|
|Hereford
Community||Fund -|Picnic|Boxes ET|||||
|Winter Meals|||||13,632|603||14,235|
|Census Support Project|||||6,264|(6,264)|||
|HAF Funding||||||77||77|
||||||~43 063|~11 345)||31 718|
|TOTAL FUNDS|||||340,768|16,885||~357 653|
##
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##
|MOVEMENT
IN FUNDS - cont|MOVEMENT
IN FUNDS - cont|inued|inued|||||
|---|---|---|---|---|---|---|---|
|Comparative
net movement||in funds,||included|in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E|E|E|
|Unrestricted
funds||||||||
|Community
Facilities||||||||
|BBO15~Unrestricted|||||151,478
~5242|(128,490)|22,988
5,242|
||||||156,720|(128,490)|28,230|
|Restricted funds||||||||
|Community
Lunches|||||1,479|(240)|1,239|
|Community
Cohesion|Events||||1,005|(160)|845|
|Asda grant|||||975|(649)|326|
|Asda Childrens
Party||||||(874)|(874)|
|BBOHerefordshire
Funding|||||29,708|(37,005)|(7,297)|
|Hereford
Community|Fund -|Picnic|Boxes ft|||||
|Winter Meals|||||10,245|(9,642)|603|
|Census Support Project|||||3,920|(10,184)|(6,264)|
|National
Lottery - BBOCelebration
HAF Funding|||Event||1,000
7,039|(1,000)
~6962)|77|
||||||55,371|~66,716)|~11 345|
|TOTAL FUNDS|||||212,091|~195206)|~16885|
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