2022-06-30-accounts - The Wednesday Word Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page	Page
Report ofthe Trustees
		to	2
Independent Examiner's Report
Statement ofFinancial Activities
Statement ofFinancial Position
	5	to	6
Notes to the Financial Statements
	7	to	18
Detailed Statemeut ofFinancial Acdviues	19	to	20

			2022	2021
			Unrestricted	Total
INCOME AND	ENDOWMENTS FROM	Notes	fund f.	fundsI
Donations and legacies			321	5,171
Other activities Investment income Other income			25,727	(1,124) 25,538
				19,982
Total			26,048	49,567
EXPENDITURE	ON
Raising funds			81,643	89,644
Other			270	359
Total			81,913	90,003
NET INCOME/(EXPENDITURE)			(55,865)	(40,436)
Other recognised	gains/gooses)
Gains on revaluation offixed assets			70,000	141,822
Net movement in	funds		14,135	101,386
RECONCILIATION OFFUNDS
Total funds brought forward			790,726	689,340
TOTAL FUNDS	CARRIED FORWARD		804,861	790,726

		2022	2021
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets	10	585,809	516,078
CURRENT ASSETS
Debtors Cash at bank		1,724 359,538	(617) 417,723
		361,262	417,106
CREDITORS
Amounts falling due within one year	12	(142+10)	(142,458)
NET CURRENT ASSETS		219,052	274,648
TOTAL ASSETSLESSCURRENT
LIABILITIES		804,861	790,726
NET ASSETS		804,861	790,726
FUNDS	13
Unrestricted funds		804,861	790,726
TOTAL FUNDS		804,861	790,726

		2022	2021
		8
Depreciation - owned assets		269	360
Other operating leases Surplus on disposal offixed assets		5,339	7,861 (18,582)
TRUSTEES' REMUNERATION	AND BENEFITS
		2022	2021f
Trustees' salaries		61,750	61,750

COMPARATIVKS FORTHE STATEMENT OFFINANCIAL ACTI	VITIES
	Unrestricted
	fund
INCOME AND ENDOWMENTS FROM
Donations and legacies	5,171
Other activities	(1,124)
Investment income	25,538
Other income	19,982
Total	49,567
EXPENDITURE ON
Raising funds	89,644
	359
Total	90,003
NET INCOME/(EXPENDITURE)	(40,436)
Other recognised gains/gasses)
Gains on revaluation offixed assets	141,822
Net movement in funds	101,386
RECONCILIATION OF FUNDS
Total funds brought forward	689,340
TOTAL FUNDS CARRIED FORWARD	790,726

TANGIBLE FIX	EDASSETS
				Fixtures
			Freehold	and
			property f	fittings	Totals f
COST ORVALUATION
At 1 July 2021			515,000	6,452	521,452
Revaluations			70,000		70,000
At 30June 2022			585,000	6,452	591,452
DEPRECIATION
At 1 July 2021				5,374	5,374
Charge for year				269	269
At 30June 2022				5,643	5,643
NET BOOKVALUE
At 30June 2022			585,000	809	585,809
At 30June 2021			515,000	1,078	516,078
Cost orvaluation	at 30June 2022 is represented	by:
				Fixtures
			Freehold	and
			property	fittings f	Totals
Valuation in 2021			141,822		141,822
Valuation in 2022			70,000		70,000
Cost			373,178	6,452	379,630
			585,000	6,452	591,452
DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR
				2022	2021
				f	f
Trade debtors				(648)	(617)
Prepaym ants				2372
				1,724	(617)

					WR		YWORD	TRUS&
			NOTES TO~		FINANC
	ITORS: AMOUNTS OUNTS			F FALLING			30dUNE 2022
						ONR YRAR				2022			2021
	A 0 aud otber taxe Soctal secun ccruals and A defened income ccrued expenses									648 i40 992 570			926 140,992 540
										142,2111			142,458
13.	MOVEMKNT IN FUNDS
										Net
													At
	Unrestricted funds							At 17'21		movement jn funds 6			3p 6,22
	General fund							p	726	14,135			804,861
	TOTAL FUNDS							9p,726		14,135			804,861
	Net m tmovement in funds,, included			in theabove	are ns~ Folloutr erst		t
	Unrestricted funds General fund					%cost-sxrxrig Qxscoon K 26,0c+		Resources ended (8L913)		Gains and losses 7O,OOO			Movemer iu funds 14,13
	TOTAL FUNDS					26	GCI3		(81913)	7O,OOO			14,1'.
Comparatives fo s r		movement	' f ih Utllie
											Itct		A
										movement
Unrestricted funds									At 1 7.20		funds 6		30,6
General fund									689,340		1O	1 386	791
TOTAL FUNDS									689,340		10L386 79

Comparative	net movement in funds, i	ncluded in the above are as follo	ws:
		Incoming	Resources	Gains and	Movement
		resources f	expended f	losses f	in funds
Unrestricted General fund	funds	49,567	(90,003 )	141,822	101,386
TOTAL FUNDS		49,567	(90,003)	141,822	101,386
A current year 12months and prior year 12months combined position			is as follows:
				Net
				movement	At
			At 1.7.20	in funds	30.6.22
Unrestricted General fund	funds		689,340	115,521	804,861
TOTAL FUNDS			689,340	115,521	804,861

A current yea follows:	r 12 months and prior	year 12 mouths combined net	movement in fun	s, included in	e aove ae
		Incoming	Resources	Gains snd	Movement
		resources	expended	losses	in funds
		f	f
Unrestricted General fund	funds	75,615	(171,916)	211,822	115,521
TOTAL FUNDS		75,615	(171,916)	211,822	1155521

	FORTHE YEAR ENDE	D 30JUNK 2022
		2022	2021
		f	f
INCOME AND ENDOWMENTS
Donations and legacies
Donations		321	871
Grants			4,300
		321	5,171
Other activities
Membership subscriptions			(1,124)
Investment income
Rents received Rental expenditure Deposit account interest		31,820 (6,143) 50	32,385 (6,925) 78
		25,727	25,538
Other income
Gain on sale oftangible fixed assets			18,582
Insurance claim			1,400
			19,982
Total incoming resources		26,048	49,567
EXPENDITURE
Raising donations	and legacies
Trustees' salaries Social security Pensions		61,750 2,082 4,992	61,750 2,918 4,992
Insurance		424	425
Telephone		525	493
Postage and stationery		360	371
Travelling expenses		624
Computer soilware	and costs	1,204	1,665
		71,961	72,614
Other activities
Purchases		700	2,459
Wages		2,688	5,327
Carried forward		3,388	7,786

FOR THE YEAR E	NDED 30JUNE 2022
	2022 f	2021f
Other activities
Brought forward Rent Bad debts	3,388 5,339	7,786 7,861 10
Accountancy Repairs and Renewals	955	1,303 70
	9,682	17,030
Other
Fixtures and fittings	270	359
Total resources expended	81,913	90,003
Net expenditure	(55,865)	(40,436)