COMPANY REGISTRATION NUMBER: 06623919
CHAR Thy REGISTRATION NUMBER: 1129476
Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Unaudited Financial Statements
30 June 2023
HARLT
AKER LIMITED
Chartered accountants
7-7c Snuff Street
Devizes
Wiltshire
England
SN10 1DU

Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Financial Stslements
Year ended 30 June 2023
Page
Trustees. annual report (incorporating the director's report)
Independenl examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Noles to the financial stalements
The followlng pages do nol form part of the flnancial statemenls
Detailed statement of financial activities
15

Freshford & Limpley Stoke Comrnunity Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 30 June 2023
The trustees, who are also the directors lor the purposes ol company law, present their report and the
unaudited financial statements ol the charity lor the year ended 30 June 2023.
Refgrence 8nd admlnlstrative details
Reglstered ¢horlty name
Freshford & LimFAey Sloke Communrty As5(Kiation
Charlty registration number
1129476
Company reglstratlon number ￿623919
Principal offlce and registor8d The Gajleries Shop aTrJ Cafe
oftlce
Fre5hlord Lane
Freshlord Lane
Bath
BA2 7UR
Tha trustees
S H J Coombe Ichwrman of
FLISCA and Chaimian of the
Galler￿$ Management Groupl
Mr D M Finla￿￿On (Treasurer) (Winted I l July 20221
C M Biebuyck (Treasurer)
(Resigned 11 July 20221
P A Firmin
L NevAyn Isecretary)
P J Dawson
J Hawker (Representing
Freshford Parish Council)
N Bolton Iflepresenti￿ ￿rn￿eY
Stoke Parish Cour￿41)
GCBate
Ms E J E￿eS Isecretaryl
(Resigned 1 June 20231
IResJgned 1 June 20231
IAr4)rynted 1 June 20231
Company se¢retsry
L E￿e$
Independont axamlner
Charlion Baker Limiled
7-7c Snuff Street
Devizes
Wiltshir8
EnglarKJ
SN1010U

Freshford & Limpley Stoke Community Association
Company Llmlled by Guaraniee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 30 June 2023
Structure, govemance and management
The charity is controlled by its goveming documenl. the memoraNlum and articles ol association. arKI
constitutes a limited company, limited by guarantee. as defined by the Companies Act 2006.
The company was registered as a charrty on 7th May 2009.
11 ig a membeiship organisation to residents of Freshlord and knmpley Stoke. The Irusteesl
directors are elected at the Annual Gener￿ MeelirKJ of the members and meet approximately four
times a year.
Obledlves and activities
The objectNes and actmties ol Freshfor<l & LimrAey Stoke Cornmunty Ass¢xiation IFLISCAI are set
out in its goveming document, the memorandum and articles ol association. The compan￿$ purpose is
to make donations lor ¢harÉtable purwses in the Parishes ol Freshlord and Limpley Stoke out ol
income it reGeives from rts investments. Currentty. this investment lies solely in Galleries Limtted in
which FLISCA has a 1￿ sharehokling. Galieri&s Limited operates a wllage shop and cafél deli
serving both parishes.
The trusteesldirectors have full regard to the Charty Commissioners. public ￿rtefIt gu*Jance, and are
satisfied that the chartvs investment in Galleries Limtted follows that guidance and is a proper
investment to meet the purtK)ses ol the Irn￿.
Slrateglc report
The following sections for achievements perfom)ance and review fomi the strategic
report ol the charty.

Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporaiing the Director's Report) (eonlinual)
Year ended 30 June 2023
Achievements and pertorniance
Galleries Shop and Café
2022123 has been the year of the Café exlension which has had a big impact on the financial result of
the Galleries. Atthough valiant efforts were made to keep disruption lo a minimum. relocating tables
outside to the marquee impacted on the Café revenues in ihe h&f of the year.
Things picked up once the Café extension was lully opened in the spring. The losses were largely
clawed back by dint ol a lot of dets1￿ b%Y)rk by the Marweis arKI backed up by the Gdleries
Management Group.
Whilst revenues in the shop hekl up, the irKrease in Ihe cost of suFplies meant that a substantial loss
was made up until Chrislmas. 11 is also worth nottng that revenues dkl not keep up ￿￿th fo¢xl inllation.
With cost increases being applied to èvery invoice received. a lot ol effort was also put into ma4ntaining
margins. The wgilance of the rnanagers and volunteers in monrtoring the margins was key to the better
performance in the second half ol the year.
11 is expected that inflation wll continue to LE h￿h during the 2023124 financial year. However wth a lol
of new inilialives ￿Ing put in place, we are more optimistic thal the business will continue lo slabilise
and continue to provide donations lo FLiSCA. In ttsm. these wrll be used lo support the loc
communty.
In the current year the amourrt recewed from FknSCA's investment in Galleries Limiled was:
Renl
£6,420
Grants awarded
The following grants were avrdrded to communty groups in Freshlord and knmpley Stoke during 2022-
23..
2023
Freshlord & Limpley Stoke Home Energy Group IFLHEG} - start up funds
Freshlord Village Memorial Hall- flag manufacttjre
Peter King delibrillalor pads
Galleries Ltd - extension fumiture
Jean Hawker lor Freshfor(J res¥Jent in need
Freshford Church - servery equipment
Freshford School PTA - rAaygrOUr￿ equipfflenl
Galleries Ltd - raised Veg￿a￿￿e beds
200
117
167
3,568
150
250
100
1,670
Since inception, the charity has given out just over £75.000 Fn grants across a w*Je range of
communty groijps and facilities.
The Trustees are carelul to avohj any element of a grant to G￿leries Ltd being derived from a previous
donation by Galleries Lld lo the charity- Therefore the Extension Furniture furKls were derived from a
specific appeal. and the Raise(I vegetal￿e Beds were lor out of a donation by an irKlividual.

Freshford & Umpley Stoke Communlty Association
Company Umited by Guararrtee
Trustees. Annual Report (l￿ting the Dlrectorfs Report) (contA￿)
Year ended 30 June 2023
h w&% agreed that no t*)nation from Gatteries shoukl ￿ exFeknY fr(Nn 2022r23 ￿lI¥￿tIeS. and rKy
was made frDrn the 2021r22 year. In fact. Galeries ha5 dbcated £ £1,613 froTn 2022123 to be p￿d in
March 2024. GNen the fin3t￿N￿ cost ol Irving cr￿1$. the Trustees ￿re calrtious about grants
Actwity was dominated by the irNestments made w+ the Gaueries Ethrtsh)n, and ￿$0 in Solar Volk
Panels on Ihs roof to ¢(ynpfement the e￿incIty suwAi&l ty Fresmord arKI Limpley St(A(e Energy
Community Shares knmim. These 10 £6B.728 for the Extension and £24,8￿ lor Ihe Solar
Pands. Tho 0￿￿tIva vras to Tr￿rease Gallgries, through extra Sp￿ tor café. and to
cush*)n G￿lerIeS against substaniial eleuw prt* inueasgs dLtè when coming out of conlract on 1
Octobèr 2023.
Tts Extension was constnjcted as a se11-t￿Ik1 ￿$FrO vc4unleer kt¥)ur ar¥J t(Jught in tra(IEs. Plant a￿1
mats11￿$ prwred dr•. eXter￿lon has trAen valued at £167,(KN).
The costs We￿ met from (knations. arrtafs aTrJ grarts amoufttir￿ to £1 10,101. of wh￿h £25,000 was
provbjgd from F￿SCA reserves. As of the 30th Ju￿. £10,951 was unspent. of whth £4.233 was
t￿dgeted to co*tion. leaV[r￿ £6.718 towards a of wh￿h was deferred Ioftlce
and sto￿).
Small ¢offlpwry provlslons
This r&port has FY8pared in v*th th8 wtyisions aFpl¢abSe to Cornpan￿ ￿titI¢d to
the small cornpanw exemptK)n.
The trudees. annual rewrt arml the slratew rwt wore OKvoved on ................. ..........
on behatr ol the
rd of tsustses tty:
stgr￿￿
S H J Cwmbg Ichwrman ol FknSCA a￿$
Ghairrnan of Ihe Galleries Management GroLP)
TIL￿tee

Freshford & Limpley Stoke Community Association
Company Llmited by Guarantee
Independent Examiner's Report to the Truslees of Freshford & Limpley Stoke
Community Association
Year ended 30 June 2023
I report to the trustees on my examination of the fina￿la1 statements ol Freshlord & Limpley Stoke
Cofflmunty Association llhe charttyl for the year enoed 30 June 20¥3.
Responsibilities and basls of report
As the trustees of the company lar￿ also its directors for the purposes ol company lawl you are
responsible for the preparatson ol Ihe financial statements in aw)rdance V￿th the requirements of the
Companies Act 2006 Ilhe 2006 Act'l.
Having satisfied myself that the accounts of the company are not required to be audtted under Part 16
of the 2006 Act and are eligible lor independeni examination. I report in respect of my examination ol
the charity's accounts as carried out under sech.on 145 of the Charities Act 2011 I'lhe 2011 Act'l. In
carrwng out my examination I have followed the Directions given by the Gharity Commission 4Jrxlei
section 14515llbl of the 2011 Act.
Indep•ndènt examinerfs statement
I have com ￿et￿j my examinakn"on. I confimi that ￿ matters have come to my attents'on in connection
with the examination giving me cause to believe..
accounting records were nol kept in respect ol the charity as r8quired by section 386 of the
2006 Act., or
the financi￿ stat&ments do not ￿e0rd ¥Ath those record$'. or
the financial statements do not comply with the accounh.ng requirements ol section 396 of
the 2006 Act other than any requirement that the accounts give a Irue and fairf view which is
not a matter considered as part of an irnlependent examination,. 01
the financi￿ statements have r¥)1 been Prepared in actx)rdance with IhÈ metFh)dg and
principles of the Statement ol Recommended Practice lor accounting and ￿porting by
charities applIc*￿e lo chamie5 preparing their accounts in accordance wrth the Financial
Reporting Standard awicable in the UK arKI Republic ol Ireland IFRS 1021.
I have no concerns and have come across no other matters in ¢x)nnection thè examination to
which attention Shou￿ b8 drawn in this rekK)rt in order to enable a proper understanding of the
accounts lo be reached.
Chartton Baker Limtted
Independent Examiner
7-7¢ Snutt Street
Devizes
Wittshire
England
SNIO 1DU

Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Statemenl of Financlal Activities
(including income and expenditure account)
Year ended 30 June 2023
2022
Unre5trKted
Jnds
Restricie(J
fuThJs Total funds
Total funds
Note
Income and endowments
Donations and legacies
Investment income
4,613
7.477
12,090
74.544
79,157
7,4TT
15,010
6,701
Totsl Income
74,544
86,634
21,711
Expenditure
Expenditure on charitable actsvil]es
Cxher expendittj
Total expendityre
2,288
7,121
6,275
1,000
8,563
8.121
13,622
6,829
9.409
7,275
16,684
20,451
Net Income
2.681
67.269
69.950
1.260
Other recognised galns and losses
Gains from revaluation ol fixed assets
98.271
98,271
Net movemenl Sn funds
2,681
165.540
168,221
1,260
Aeconciliatlon of funds
Total funds brought forward
Total furKls Garrled forward
58,123
276,179
441.719
334,302
333,042
334.302
60.804
502.523
The statement ol financial activities includes all gains ar￿ losses r￿niSed in the year.
All income and expenditure derive from ￿ntinUIng activibes.
The notes on pages 9 tt1 13 lomi part of these Ilnanci•l ststements.

Freshlord & Limpley Stoke Community Assoclatlon
Company Limited by Guarantee
siaiement ol Financial Position
30 June 2023
2022
Note
Flxed assets
Tangible fixed assets
453,160
267,300
Current assets
Debtors
Cash at bank arKI in harKJ
12,827
37,036
170
67,267
49,863
67,437
Credltor$: amounts lalllng due within year
Net current a8sets
10
500
435
49.363
67,002
Total assets less current Ilabllllies
502,523
334,302
Net assots
502,523
334,302
Funds of the charlly
Restri¢led income funds..
Revalualion reserve
Other restrict&4 income funds
Unrestricted funds
98,271
343,448
60,804
276,179
58,123
334.302
Total charlty funds
11
502.523
For the year endirbg 30 June 2023 the chaitty was entit￿￿ to exemption from audit under section 477 of
the Companies Act 2006 relating to smaEI companies.
Directors. responsibilitie5-
The members have not required the cornpany to obtain an audit of its fina￿la1 statements lor the
year in question in accordance with section 476.,
The directors a¢kno￿edge their responsibilities for comKAwThJ with the requirements of the Act
with respect lo aceounting records and the prepar*ion ol financial statements.
These financial statements have been prepared in accordance wtth ihe provisions aFpJrable to
companies subject to the small companies. regime.
The statement of financial position
continues on the following page.
Thg notes on pages 9 to 13 tomi part ol thes• financial slaien*nts.

Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Statsment of FinancSal Position (wJllnu0LI}
30 June 2023
These financial statements were approved by the toard of irustees aThJ aulhorised for issue on
..1.T..O.ct ?.Q23
, and are signed on beham of the board by:
S H J COOM￿ (Chaimian of FknSCA and Chwmian
of the Galleries Manag8ment Group)
Trustee
The notes on pages 9 to 13 form part ol th8$¢ Ilnanclal sM•ments.

Freshford & Limpley Stoke Community Association
Company Llmlted by Guarantee
Notes to the Financial Statements
Year ended 30 June 2023
General Information
The charity is a public ben&fiL entity a privatè company limited by guarafflee, registered in
England arKJ Wales and a regi51ered charrty in England aThY Wales.
ststement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicatAe in the UK and the ReputJic ol IrelarKI', the Stalemern of
Recommended Practice applicable lo charilies preparing their accounts in accordance wrth the
Financial Reporting &andard ap￿ICable in the UK and Repubjic of Ireland IFRS 1021 (Charrties
SORP IFFIS 10211 and the Companies Act 2006.
Accounting poli¢i8s
Basis of preparation
The financial statemerrts have been Prepared ortr the historical cost basi5. The investment
property is rented to another group entity and is measured by reference to cost rather than fair
value. The property is deprectat&J on a straight-line basis 012 per cent p.a.
The financial statements are Prepared in slerting. which is the function￿ currency of the entity.
Going concem
There are no material un￿rtain￿e$ atKJUt the chartiys abilty to ￿ntinUe.
Fund accounting
Unreslricte(£ funds are aV￿lable for use at Ihe discretion of the Iruslees lo further any of Ihe
charitys purposes.
Designated funds are unrestricted funds eamiarked by the trustees for particular future project or
commitment.
Restrtcled funds are subjected to restrictions on their expe￿IllUre (ledared by the donor or
through the terms of an ap￿1, arKI latl into one of tsvo sub-classes.. restricted income funds or
endowment funds.
Incomlng resources
All income is included in the stalemeni of financial activities when entitlement has passed lo the
charty, it is probable that the economic benelits associated ￿th the transaction wll flow lo the
charty and the amount can feliably measured.

Freshford & Limpley Stoke Community Association
Company Llmited by Guarantee
Notes to the Financial Statements (eoftiimed)
Year ended 30 June 2023
Accountlng policie$ (w￿1n￿O)
R•sources expended
Expenditure is recognised on an accruds basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be lully recovered, is classilie(l y￿r headings ol the slatemenl of
financial activtties lo which it relates..
expeThYiture on r￿Sing hjnds irKludes the costs of all fundraising acbwlies, events. non-
eharFtable trading activibes, arky the sale of donat￿ goods.
expenditure on charitable actiwtses i￿ludeS all costs incurred by a charity in und8rtaking
a¢tiwties that further its charitable ￿mS lor the benefit of its beneficiaries, including those
supFx)rt costs and costs relating to the governance ol the chartty apFortioned to charitable
actNFties.
other expenditure includes all experKJrture Ihat is neithw related to r￿sing fvnds for the
charity nor part ol ils expenditure on eharitatle acti¥Mies.
All costs are allocated lo expendtture categories reflecting the use ol the resource. Direct Costs
attributable lo a single activty are ￿lOCated directly to that activtty. Shared costs are apptsrtioned
btheen the a￿￿711eS they contribute to on a reasonable. jusffiable and consistent basis.
Impaimwil ol flxed asset$
A review lor indicators of imt)airmerrt is carried at each rewrtirKJ date. with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the assel is imparred accordingly. Prior impairments are ￿$0 wieweLI lor
tM)ssible reversal al each ￿port1￿j dale.
Donations and kgacies
vnrestri￿ed
Funts
Restricted Total Funds
Funds
2023
Donations
Donations
4.613
74,544
79,157
UnresttKted
Funds
Restricted Tot￿ Funds
Funds
2022
Donations
Donations
510
14,500
15,010
10

Freshlord & Limpley Stoke Community Association
Company Limited by Guarantee
Notes to Ihe Financlal Statements (¢onllnu8d)
Year ended 30 June 2023
Investmenl income
Unrestricted Totsl Funds Urtrreslricled Total Funds
Funds
Funds
2022
Income from investrnent properties
Bank interest rÈcÈivable
6,420
1,057
6,420
1.057
6.413
288
6,413
288
7.477
7.477
6.701
6.701
Independent examlnatlon fees
2022
Fees payable lo the independent examiner for..
Independent examination ol the financ￿ statements
275
Trust* remuneration and expenses
There was no directOlS' TemuneratM)n or other beneffts for the ye* ended 30 June 2023 Of the
year ended 30 June 2022.
Tangible fixed 08gets
Freehold
Plani arKI
property rnachinery
Total
Cost
At 1 July 2022
Additions
Flevalualions
297,0(
68.729
98,271
297,000
93,529
98,271
488.8DO
24.800
At 30 June 21Yld
464,OCW)
24,800
Depreclation
Al 1 July 2022
Charge for the year
At 30 June 2023
29.7¢X)
5,940
29,700
5,940
35,640
Carrying amount
At 30 June 2023
428.360
24,800
453,160
At 30 June 2022
267,300
267,300
11

Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Noies to Ihe Financlal Statements (w71inuod)
Year ended 30 June 2023
Debtors
2022
Prepayments and accrued income
Other debtors
7,162
5,665
165
12.827
170
10. Credltors: amounts falllng due within one year
2022
AcCru￿S and delerred income
Social se¢urtty and other taxes
500
275
160
435
11. Analysis of ¢haTltabl8 furrfls
Unrnstricted funds
Gains and
At
losses 30 June 2￿23
At 1 July 2022
Incom8 ExpeThJiture
General funds
58,123
12,090
19,4091
Gains and
Al
losses 30 June 2022
Al 1 July 2021
Iro)me ExFenditiJre
Generd funds
59,802
7.211
18,8901
58,123
12

Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 June 2023
11. Analysis of charitsble lunds [c￿ttn
Rgstricted fund8
Gains and
At
losses 30 June 2023
Al 1 Juty 2022
Income ExperKlrture
Restricted Fund 1 - desc
in alcs
Revaluation reserve
276.179
74,544
17,2751
343,448
98,271
98,271
276,179
74.544
17.2751
98,271
441,719
Gains and
At
losses 30 June 2022
Al 1 Juty 2021
Income ExperKltture
Restricted Fund 1 - desc
in alcs
Revaluation reserve
273.240
14,500
{11.5611
276.179
273,240
14,500
111.5611
276,179
12. Anatysis of nel assets behveen funds
Unrestrict
FurKIs
Restricl&l Total Funds
Funds
Tangible fixed assets
Gurrent assets
Creditors less than 1 year
Net a8¥et$
453,160
5,549
453,160
48,250
15001
500,910
42,701
15001
42.201
458,709
Unrestricted
Funds
Re￿ri￿e￿ T￿al Funds
Funds
2022
TangitrAe fixe(l assets
Current assets
Creditors less Ihan 1 year
Net asseis
267,300
14.500
267.300
67,438
14361
334.302
52.938
14361
52.502
281.8(K)
13. Relaied parttes
No donation was declared by Galleries Limited during the year 12022: £nill. During the year
Galleries Limrted pall rent 01 £6.42012022.' £6.4131 lo FLISCA.
FLISCA diTeclorsl trustees S H J Coombe. P A Firmin and P J Dawsoll are dso directors ol
Galleries Limited.
13

Freshford & Limpley Stoke Community Association
Company Limited by Guarantee
Management Informalion
Year ended 30 June 2023
The following pages do nol to￿ part of the finanelal slatement$.
14

Freshford & Limpley Stoke Community Association
Company Limited by Guaraniee
Detalled Statement of Financial Activities
Year ended 30 June 2023
2023
2022
Income and endowmonts
Donations and legacies
Donations
79,157
15,010
Investment income
Income from investment propprties
Bank interest r￿1VatI8
6,420
1,057
6,413
288
7,477
6,701
Total income
86,634
21.711
Expenditure
Expenditure on tharltable acllvlt￿s
Repairs and maintenance
Insurance
Legal and professiond lees
Other office costs
Depreoialion
736
6,058
773
410
675
332
5.940
5.940
8,563
13,622
Other expendlture
Grants to institutions
Grant application lee
7.121
1.000
6.829
8,121
6,829
Total expendlture
16,684
20,451
Net income
69.950
1,260
15