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|Trustees||||Mr W Siavin||||
|---|---|---|---|---|---|---|---|
|||||Mrs C H Eve||||
|||||Ms S L Nicholson||(Appointed|30January 2023)|
|||||Mr R Norman||||
|||||Ms AJ Thorn||||
|Senior management||||Mrs SGambles||Manager||
|Charity number||||1133633||||
|Company|number|||07098916||||
|Registered||and principal|office|44 irish Street||||
|||||Whitehaven||||
|||||Cumbria||||
|||||CA28 7BY||||
|Independent||examiner||lan Scott BA(Hans), FCA, DChA||||
|||||Saint & Co Chartered|Accountants|||
|||||12/13 Church Street||||
|||||Whitehaven||||
|||||Cumbria||||
|||||CA28 7AY||||
|Bankers||||National Westminster|Bank Pic|||
|||||71Lowther Street||||
|||||Whitehaven||||
|||||Cumbria||||
|||||CA28 7AH||||
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|||||Page|
|---|---|---|---|---|
|Chair's Report||||1-2|
|Trustees' report||||3-8|
|Independent|examiner's||report||
|Statement of|financial|activities||10|
|Balance sheet||||11-12|
|Notes to the financial||statements||13-26|
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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2023|20?3|2023|2022|2022|2022|
|||Notes||E|E|E|E|E|E|
|income and endowments|||from:|||||||
|Donations
and||||||||||
|legacies|||3|34|750|784|541|24,918|25,459|
|Charitable
activities|||4|65,628||65,628|61,440||61,440|
|Other trading||||||||||
|activities|||5|8,445||8,445|10,910||10,910|
|Investments||||57,707||57,707|40,971||40,971|
|Other income||||7,172||7,172|5,895|117|6,012|
|Total income||||138,986|750|139,736|119,757|25,035|144,792|
|expenditure
on:||||||||||
|Raising funds|||8|30,757||30,757|23,511||23,511|
|Charitable
activities||9|&10|100,995|52,681|153,676|78,042|69,708|147,750|
|Total expenditure||||131,752|52,681|184,433|101,553|69,708|171,261|
|Net income/(expenditure)||||7,234|(51,931)|(44,697)|18,204|(44,673)|(26,469)|
|Transfers between||||||||||
|funds||||24|(24)|||||
|Net movement|in|||||||||
|funds|||11|7,258|(51,955)|(44,697)|18,204|(44,673)|(26,469)|
|Reconciliation offunds:||||||||||
|Fund balances at 1January||||||||||
|2023||||169,326|2,321,292|2,490,618|151,172|2,365,965|2,517,087|
|Fund balances at31||||||||||
|December 2023||||176,584|2,269,337|2,445,921|169,326|2,321,292|2,490,618|
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||||2023|2022||
|---|---|---|---|---|---|
|||Nates|6|6||
|Fixed assets||||||
|Tangible assets||16|2,252,904||2,303,761|
|Current assets||||||
|Debtors||17|17,730|21,234||
|Cash at bank and in|hand||302,262|285,145||
||||319,992|306,379||
|Creditars: amounts|falling due within|19||||
|one year|||47,744|38,654||
|Net current assets|||272,248||267,725|
|Total assets less current liabilities|||2,525,152||2,571,486|
|Creditors: amounts|falling due after|||||
|more than one year||20|(79,231)||(80,868)|
|Net assets|||2,445,921||2,490,618|
|The funds ofthe charity||||||
|Restricted income funds||22|2,269,337||2,321,292|
|Unrestricted
funds|||176,584||169,326|
||||2,445,921||2,490,618|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|||E||||E|f|
|Donations|and gifts|34||34|541|750|1,291|
|Other grants|||750|750||24,168|24,168|
|||34|750|784|541|24,918|25,459|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2022|
|||||E|E|
||Integrated|service provision||||
||Sale ofgoods|||||
||Costs recovered from tenants|||12,755|12,465|
||Charitable|rental income||48,331|46,267|
||Room hire|||4,542|2,708|
|||||65,628|61,440|
|5|Income from other trading||activities|||
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|Shop|income|8,445|10,910|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
||||E|
|Rental income||24,000|17,000|
|Costs recovered|from tenants|31,144|23,511|
|Interest receivable||2,563|460|
|||57,707|40,971|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||fu~ds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|||E|E|f|f|f|f|
|Other|income|7,172||7,172|5,895|117|6,012|
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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2023|2022|
|E|E|
|30,757|23,511|
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||||||Integrated|Integrated|
|---|---|---|---|---|---|---|
||||||service|service|
||||||provision|provision|
||||||2023|2022|
||||||f||
|Share of|support||and governance|costs (see note 10)|||
|Support|||||146,421|142,825|
|Governance|||||7,255|4,925|
||||||153,676|147,750|
|Analysis|by|fund|||||
|Unrestricted||funds|||100,995|78,042|
|Restricted|funds||||52,681|69,708|
||||||153,676|147,750|
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||||||||
|---|---|---|---|---|---|---|
|10|Support costs allocated|to activities|||||
||||||2023|2022|
||||||6|E|
||Staff costs||||55,881|50,000|
||Depreciation||||50,857|50,949|
||Rates and water||||5,609|4,917|
||Light and heat||||9,228|8,480|
||Repairs and maintenance||||3,040|3,412|
||Insurance||||5,279|4,588|
||Telephone
and internet||||947|1,203|
||Bank charges and interest||||6,893|4,001|
||Sundry expenses||||4,891|10,991|
||ITequipment
and support||||1,189|646|
||Cleaning
and refuse||||2,592|2,658|
||Training and staff costs||||15|980|
||Governance
costs||||7,255|4,925|
||||||153,676|147,750|
||Analysed
between:||||||
||Integrated
service provision||||153,676|147,750|
|11|Net movement
in funds||||2023|2022|
||||||E|g|
||Net movement
in funds|is stated after charging/(crediting)|||||
||Depreciation ofowned tangible fixed assets||||50,857|50,949|
|12|Independent
examiner's|fees|||||
||Fees payable
to the charity's||independent|examiner:|2023|2022|
||||||6|E|
||For other services||||||
||Independent
examination|ofthe financial||statements|3,250|2,750|
||All other non-audit
services||||3,019||
||||||6,269|2,750|
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|The average
monthly
number ofemployees
during|the year was:||
|---|---|---|
||2023|2022|
||Number|Number|
|Employment
costs|2023|2022|
||f|f|
|Wages and salaries|49,697|44,776|
|Social security costs|4,091|3,534|
|Other pension costs|2,093|1,690|
||55,881|50,000|
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|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Freehetd tend|Fixtures and|orffce|Total|
|||and truildtnaa|fittlnst|equipment||
|||f|E|||
|Cost or valuation||||||
|At 1January 2023||2,500,000|4,602|2,443|2,507,045|
|At 31December 2023||2,500,000|4,602|2,443|2,507,045|
|Depreciation
and impairment||||||
|At 1January 2023||200,000|2,309|975|203,284|
|Depreciation
charged|in the year|50,000|460|397|50,857|
|At 31December 2023||250,000|2,769|1,372|254,141|
|Carrying amount||||||
|At 31December 2023||2,250,000|1,833|1,071|2,252,904|
|At 31December 2022||2,300,000|2,294|1,467|2,303,761|
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|Debtors||||
|---|---|---|---|
|||2023|2022|
|Amounts
falling due within one year;|||E|
|Trade debtors||15,230|17,978|
|Prepayments|and accrued income|2.500|3,256|
|||17,730|21,234|
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|Loans an|d overdrafts|||
|---|---|---|---|
|||2023|2022|
|||E|f|
|Bank loans||81,107|83,087|
|Payable|within one year|1,876|2,219|
|Payable|after one year|79,231|80,868|
|Amounts|included
above which fall due after five years:|||
|Payable|by instalments|(69,587)|(70,207)|
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||||2023|2022|
|---|---|---|---|---|
|||Notes|E|E|
|Bankloans|||1,876|2,219|
|Other taxation and social security|||2,459|385|
|Trade creditors|||5,702|2,813|
|Other creditors|||3,900|3,900|
|Accruals and deferred|income||33,807|29,337|
||||47,744|38,654|
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|Credi|tors: amounts
falling due after|more than one year|||
|---|---|---|---|---|
||||Z023|2022|
|||Notes|E|f|
|Bank|loans|18|79,231|80,868|
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||||At|1January|Incoming|Resources|Transfers|At31|
|---|---|---|---|---|---|---|---|---|
|||||2023|resources|expended||December|
|||||||||2023|
|||||||||f|
|Property|development|fund||2,300,000||(50,000)||2,250,000|
|Service|provision|||21,292|750|(2,681)|(24)|19,337|
|||||2,321,292|750|(52,681)|(24)|2,269,337|
|Previous|year:||At|1January|Incoming|Resources|Transfers|At 31|
|||||2022|resources|expended||December|
|||||||||2022|
|||||||||6|
|Property|development|fund||2,350,000||(50,000)||2,300,000|
|Service|provision|||15,965|25,035|(19,708)||21,292|
|||||2,365,965|25,035|(69,708)||2,321,292|
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||||At 1|January|Incoming|Incoming|Resources|Transfers|At 31|
|---|---|---|---|---|---|---|---|---|---|
|||||2023|resources||expended||December|
||||||||||2023|
|||||f||E|E||f|
|Capital equipment||||||||||
|replacement||fund||75,000|||||75,000|
|General|funds|||94,326|138,986||(131,752)|24|101,584|
|||||169,326|138,986||(131,752)|24|176,584|
|Previous|year:||At 1January||Incoming||Resources|Transfers|At 31|
|||||2022|resources||expended||December|
||||||||||2022|
||||||||||f|
|Capital equipment||||||||||
|replacement||fund||75,000|||||75,000|
|General|funds|||76,122|119,757||(101,553)||94,326|
|||||151,122|119,757||(101,553)||169,326|
|Analysis|ofnet assets between||funds|||||||
||||||||Unrestricted|Restricted|Total|
||||||||funds|funds||
||||||||2023|2023|2023|
||||||||f|E|E|
|Fund balances at 31December|||2023 are represented|||by:||||
|Tangible|assets||||||1,407|2,251,497|2,252,904|
|Current|assets/(liabilities)||||||254,408|17,840|272,248|
|Long term liabilities|||||||(79,231)||(79,231)|
||||||||176,584|2,269,337|2,445,921|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds||
|||2022|2022|2022|
|||f|f|f|
|Fund balances at 31December 2022 are represented|by:||||
|Tangible assets||1,941|2,301,820|2,303,761|
|Current assets/(liabilities)||248,253|19,472|267,725|
|Long term liabilities||(80,868)||(80,868)|
|||169,326|2,321,292|2,490,618|
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