BEMERTON COMMUNITY LIMITED IA COMPANY LIMITED BY GUARANTEEI REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Company no 07098771 Charlty No 1136873
BEMERTON COMMUNITY LIMITED CONTENTS OF THE FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Charity information Report ofthe Tru31ee8 Independent Exarninerfs report Sl8temènl ol FinanThal Act'wtses Belan¢e Sheet Notes to the Financial Ststements CONTENTS OF THE FINANCIAL STATEMENTS Board of Truste¢s N l Bartsby Dr L K Fountain D Wtsolley J G MacKay Dr R H Scott Jupp P A Tiw8tt App¢lnt•d 20 February 2024 Resigned 31 March 2024 S Trigger V Watts M A Vvillmol Company S8¢ral8ry D Woolley R¥gi8t8red Office S Sl Androws Road, Salk4tyury. SP2 9NT Charity addras8 Sl Jtshn'$ PI&co Lower Road Salisbury SP2 9NP Independent examiner M Wardè Norbury 3 Nightingale Square London SW12 8QJ Page 1
BEMERTON COMMUNITY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER2023 The Trustees (who are also director¥ of the charItae company for th& PUfpose8 01 company lawl present their annual rèport, together wtth the independenly examined financial 8tatèm8nts of the charrtablè Company for the year ended 31 Dècernber 2023, and confirm that thgy compty vith the Chants'es Act 2011, the governing document and the charthes SORP 2019 IFRS 1021. Legal and admini$lrative informats.on Lq sèt out on page 1. and form$ part olthrd report. STRUCTURE, GOVERNMENT AND MANAGEMENT 8omtrrton Communty Limrted wa$ in¢orporatsd on 8 De¢embor 2009. The company ro regBtered wth the Charity Comrn18sion lor England and Wal88 Irggistration numbe¥ 11388731. It is incorporated and rlstered in England and W8108 88 a company limrted by guarant8&, not having a 8har8 ¢aMal (company number 0709877711. The liabilty of the members in the event of 8 7nding up mited by guaranto8 to an amount not 8xee8ding £10 per member. Thè eharty is Ccsntrolled by tts governing docurnent, 8 Dood of Trust. Re¢ruf(m¥nl and appointmént of TrustèoB. New trustee8 ar• reerurted and appointed by th8 8XBt'ng tru8te•6 whan va¢an¢W arise. No outside paty can appoint trust$es. OBJECTIVES AND ACTIVITiES Charitable object'V88. Tho prin¢ipal object of tho chorty, a$ set out in rt8 Memorandum of A880ciation, 18 to U88 tha St John'8 Church in Lower Bem8rton a centre for th• local communty and to 8n8ur• it contrnue8 for th$ forg&¢08N& future. Srgnnlc8nl Acti¥At'•s Th• rtrnovatlon of the church wa8 ¢¢mpletsd In Jun$ 2016, nce when (t haB been op8r8t8d by th6 charty a8 St John's Place providing an addit'onal facilty lor the nearby Primary School, and r(18 a popular venue for wedd'ng8, r&¢eplon8, parties, an¢J a r8ng8 of ¢ommunty serwces and events. The Chgn¢el of the Church remain8 con8ecr8ted and is u88d for r81igiou8 evonts such a8 baptisms. w8dding$ and funeral8. Pubhc benefft Thè Tru8t888 ¢onfirrn that th have ¢omplled wtth th• duty in $17151 of the Chant'es Act 2011 to have due regard to the Charlty COmrni8Bn'8 guidan¢¢ on public banefft, induding'Public ben6fft.' r&ports"ng' IPè31. FINANCIAL REVIEW AND RESULTS FOR THE YEAR Tho resuts for the year and financial poB4t'on of the charty arts Shown in the attached financid 8tst8rnents. rigur¢g are in Steth'ng 1£). Total Incoming resourc88 increa8ed 47% on the previous year frorn £71,138 to £104.847. Th¢r8 w8s 8 wd¢ome 16% incr8as¥ In booknng fe68 from £48,555 to £54,090, whlbt donatrong, grants and a legacy increased x2 from £24,547 to £49,304, this increase brIg largdy due to a 'one off legacy. Totsl outgoing resour¢os increased 21% from £58,778 to £71.381, mainty due to elevated repalr and energy costs. The year end cash po8(a'on rose from £78,815 to £135,188. Reserves poliw of the Trustees ts based on the Charty Cornrnp8sion document CC19 and therefore recognises thè need to hold reserves in order to deal wth adverse changes in the levels of income or expendrture in futurè years. The chartys policy 1$ lo hold three to si¥ months, running costs in reseNes, which equates to btheen £10,000 and £20,000. As at 31 December 2023 cash totalled £135.188 Page 2
Thts report ha$ been prepared in accordance wrth the promOn8 of Part 125 of the cornpanies Act 2006 r81atng to small companie6. Debbie Woolley- Trustee Date Page 3
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF BEMERTON COMMUNITY LIMITED FOR THE YEAR TO 31 DECEMBER2023 I report to the Charty Twslees on my 8xaminth.tsn ofthe accounts ofthe company for th8 year ènded 31 Docernber 2023 which are set out on page8 5 to 15 Responsibih'$$ and basis of report. As the charity Trust•88 of the company18nd its dir8¢tor3 for the PUTposes of company lawl you ar• responble for the preparabon ol the accounts In accordance th the requirements of tho Cornpanie8 Act 2006 Ilhe 20C6 Acti. Having 8th"8fiÉd ffiy8e that the accounts of the company arts not required to be audf(ed under part 16 of the 2006 Act and ar8 eligi8 lor independgnl examination, I report in respect of my examination of your comp8nl8 accounts as carrd out under $$thon 145 of the Charth88 Act I'the 201 1 Act'l. In carTring out my gxaminal'on I have follow8d thtr direction given by the Chanty commison und¥r 8ectson 14515llbl ofthe 2011 Act. Independent Examlnerfs 8tatemènt I have ¢ompleted my examination. I conflrm that no mattèrs havo Come to my attention in ¢onné¢tion with the exarninab.on glving me cau86 to b8lieve that in 8ny Mats1 re8pect'. 1. Account'ng records wore not kept in r88pe¢l of th& ¢ompony as required by 8ection 38$ of th& 2006 A¢1, or 2. The accounts do not accord wth th08e records, or 3. The 8¢counts do not comply with the accounts.ng raquirom&nts of 8ection 398 of th8 2006 A¢t othèr than any requir8m&nt that the accounts a Irue and fair which is not a matter conder8d 8$ part ol an indeperident examination, or 4. The ac¢ount8 hov• not been prepared In ac¢ordanc8 tho method8 and principl89 ofthe Ststornent of Recomm8ndod Practice for a¢¢ounting and repo"M} by ¢haritie8. Mèrk Warde Norbury 3 Nightingale Square London SW12 8QJ %L)-sbknW 24 2 <F . D8te Page 4
BEMERTON COMMUNITY LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUN FOR THE YEAR ENDED 31 DECEMBER 2023 TotsS Tots Unrestrictei Restricted 2023 Nots 2022 Fundraising activfoes 54.090 54,090 46,555 Donations grants and leg8¢y 8,903 40,381 49,304 24547 Investments 1,473 1,473 Total income 64.488 40,381 104,847 71,138 Expendrture 75,878 2,120 77,798 58,778 Tot 8xp&ndf(ur& 75,878 2,120 77,798 $6,778 N¥t Incom• l expendf(ure -11,212 38,2e1 27,049 12,360 Nèt movornènt in lundj -11,212 38.2e1 27,049 12,360 R8eonclation of funds Funds brought forward at 1 J8nu8ry 2023 215,057 426,730 841,787 629,427 Tota fund8 carried forward at 31.12.23 203,845 464,991 868,836 841,787 Tota recognised gain8 and108889 Th? ¢h8rfty h88 no reco9nl8ed gain8 or108ses other than tho surplus or ¢Jefi¢ll for the ¢urr¢nl or prwous year. Conttnuing op8ralon$. None of the ch8rW8 acfjvlo'es were a¢qulr$d or d¢onbnuod during th¥ current or prgvIou$ y&8r. BALANCE SHEET AS AT31 DECEMBER 2023 2023 2022 Note Fixed aB8ets 533,309 582,888 Current a&88t8 DtsbtO15 Cash al bank 4,434 4,001 135,188 78,815 Totsl current assots 139,622 82,816 Lab'e8- Creditors 4,095 3,717 Nèt curr•nt assets 135,527 78,899 Total 88$9ts 888,836 641.787 Fund Unrestricted fund8". genera Re6tricted funds 221,643 215,057 447,193 426.730 668,836 641,787 Total charrty funds Page 5
BEMERTON ¢OMMUNfTY LIMITED STATEMENT OF FINANCIAL ACTMTES For the financial year in que8b.on the companywas enbued to exempt'on under seth.on 477 ofthe Companie8 Act 2008 relabng to small mpanIeS. No members have required the oomparsy to obtsin an audrt of rts accounts forthe year in quesl'on in accordance wrth Saclon 476 ofthe Companiss Act 2006. The directors acknOedge their respon$iNlity for comrlw'ng wth the requiwements of the Act %Mth respect to aecountrng records and for preparation of aecounts. Thesé accounts have baen prepared in accordance with tho prowsions aPyi¢atle to companies Subjectto the small eompanies regime. The fln8n¢ial 8tatements were approv•d and authorised for issuè by the Board of Tru61ees on.. and were signa¢J on it3 behaw by., Debblo Woolley. Trustoe Page 6
BEMERTON COMMUNrrY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 1. ACCOUNTING POLICIES Aeeounkn"ng convent'on Bemerton Community Limited 18 8 company limrted by guarantee, incorporated and registered in England and We8. The charty ¢on8tituts8 8 public benefit enty as defined by FRS 102. The financial statements have been prepared in accordance wrth Accounts'ng and r•t)orbng by eh8ntie8'. Statement of Recommended Praeb"ce aprf1cae to charits'es preparing th&r accounts in 8ecordance with the Finanaal Reporting Standard applicable In the Unf(ed Kingdom ond Republlc of Ireland IFRS 1021 (effective 1 January 20191- {ChaTeS SORP 2019 IFRS 102 the Charits'es Act 2011 and the Companies Act 200611. Thè charty doas not meet the definfoon of a18rger charity undor tho Char"e8 SORP and B therefore ex¢mpl frorn the requirement to propare a cash flow 8tatem&nt. The financial slalements are prepared on a going concern basB, and in Sterting 1£) which Y8 thè funetiona currency of tha eharfty. The siqnificant aceounb.ng polici6s applied in Ihg pr8parabon ol these finaneial statements are set out below. TheGè policies have en con8lStanly aPled to all the years presented unle88 Othetws8 stsled. The Trustees have considar8d the financial pO8on of the 0rganabon •nd believe th•t rt b ¢urrenty a going Concern. Fund accounting Unr8strictè<l lunds are avaifiUe for u8e at the diBcretion of th8 Tru81ee8 in furtheranc8 of the g$ner81 obl¢lves of th8 charty and which have not been designated for other purposes. Restricted funds fund8 which ar¥ to be used in a¢¢ordance with 8PgCrt]¢ restn"ctionB imposed by donor8 or whl¢h have bean raed by thg ¢hanty for parts'¢ular purposes. The cost of rarding and administering 8ueh fundg Y8 chargèd ag8in6tthe 8p¢¢Mc tund. Th8 aim and us& of each roslri¢lod fund 1$ set out in the notes to tho financial statements. Ineome recogn0 l incoming resources are Includ In the Slalemenl of Financial Actmbes ISOFAI when the chaity legalty entiutrd lo tha ineom• after any performgnce cond'tions have been me( the amount can be measured ièliabty and rt 1$ prObate that tho income will b8 receNed. For donatsons to b¥ recognised thè ¢h¥rty wl1 have been noffied of the amounts and the 8elYernenl date in writt'ng. K there ar$ conditions attached to the donatr'on and this requires a16vel of pèrformance before •ntid&mant ¢an bè obtsined then in¢ome 18 deferred untrl thoso condits'ons are fully met or the fu11Ment ol those cOn¢j"0nB IB wthin the control ol tha charty 4nd rt proba that they wll ba fulled. No amount i4 induded in the financial statamènts for volunteer rne in line vAth SORP IFRS 1021. FrKed asset gffts in kind are recognised wh8n recavabb an¢J are included at fair VUe. They are not deferred over the life of the 888et. Expendrtura r•¢ognfaon Al expènditure is accounted for on an ac¢ru818 b8$ and has been cla8sffiad unrjer headings that aggregate dl eosts relat6d to the category Expenditurè 1$ recognised wher8 there i8 a10981 or constructive oNigatr'on to make payments lo third parb'es, f( IB probaNe that thè settlement wll bé required and the amount ol the obfig*"on be measured reliably. The irr•¢overable dèment of VAT is ineludtrd wrthin the item of èxpense to whi¢h rt rdates. Page 7
BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS Tangible fixod 8S8ets Ekp8ndrture on fred assets is caprtalised exceptfor expendf(ure incurred on the replacement of assets ol low value a short lrfe. Repair. rènovat'on and replacement expendrture 15 wnttan off a8 expenditure in tho Stst8ment of Financial Actie6. Th• C08t of fixed assets is their purchase cost, together wth any incidental costs ol aCqur00n. Depreciation v6 provided al the folSowing annual rates in ord•r lo write off each asset over esb"rnated useful lrfe. Long IsehOld Medium term assets 2% on c08t 10%15%1 on ¢051 20% on c08t Fixtures, fittings and equipmènt Dobt¢rs D8btors ar6 recognbtd at their r$¢overablo amounts. Creditors and provNon Creditors and provisions #re recognBed where the ch81ity hos a pr8S&nt oljiqation re8urtt.ng Irom a past event that wlll probab result in the transfer of funds to 8 Ihlrd party and the amount due to 88tde the obligab'on can bè mea8urad or e¥ts'mated rdiably. Creditors and provision$ are normalty recognraed at their 8etd8mgnl amount alter allowng lor any trade di8counts due. Government grants anty coronavirus Th6 eharity has recelved support Irom the UK government a$ part of a pack8g• of mèasure$ Introduc to 8UPPOrt organuti¢n6 durfng the coronaviru$ pandemic. Govarnmant grant8 are recognK88<1 In the financial ststernents in the period in which they are r•c6iv8d. 2. Donth'on$ and legau88 Unr88trict81 Rasld¢ted Totsl fund8 fund8 fund8 2023 fvn¢J$ 2022 2023 2023 Friend8 of B•rnerton Gfft Ald 2,235 1,081 5,607 2,235 1,081 5,807 2.060 38,321 2,449 1.095 9,003 G8n6ral donalon Grant for Capex Leg8Oy Communty grant fund Co¥Ad 19 businesB 8UPPOrt grant Total 2060 38,321 9.500 2,500 49,304 24,547 8,923 40,381 3. Income from investments AJI of th• ¢hanty8 income from investments arises from intsre6t bearing depo8f(8c¢ounts. 4. Taxallon The charity rd an exempt charity wrthln the me8ning of Schedule 3 of the Charits65 Act 2011 and is considored to pass the te8ts out in paragraph 1 S¢hedule 6 Finance act 2010 and th•rore rt meets the defIn'on of a charitae company for UK coiporab.on tsx purpose8. 5. Trustees and key man&aernent personnel remunerabon and axpenw. The Trustees nether received nor w8wÉd any remunerat.on during the year12022 Nll l. 2023 2022 Expenses clamed by Trusteos 1,699 198 The chanty cornders its key management personnd cOMpre the Tru$18es. Key management per80nnel are not remunerated. Page 8
BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS 6. Staff costs The average monthly number ol ernoYeeS during thè year w88". Administralon 2023 2022 None Wages to 8eLf employed conlractorB Social 6ecurity Deffngd Contribution penslons Total 16,828 15,036 18,828 15,038 No em 0YeSS r8cwved totsl employment benefft8 (excluding em 0Yer pen&on costs) of more than £60,00012022 non61. 7. Nat incornlng l outgoing r680urc88 Net incoming l outgoing rssourc68 are ststed aft&r charging" D*pieeiation - owned assets Independent examin¢r's fees 2023 20 29.806 21,163 200 1800 8. Tangible fixed as88ts Long Fi%ture8. Totsl leasehold fftb'ngs and equiprnent 45,082 702,088 227 227 45,309 702,315 Cost, a8 ¥t 1 January 2023 Addth'oTI8 857,008 At 31 Oee8mber 2023 657,008 D8preci8t'on, ot 1 January 2023 Charge lor the year At 31 Decgmber 2023 102.943 28,025 128,988 36,257 139,200 3,761 29,806 40,038 169,OC Nat book valuè Al 31 De¢8rnb8r 2023 528,038 554,083 5,271 $33.309 8,825 562,888 Al 31 Oee8mber 2022 9. D&btoi8 2023 2022 Grft aid claim 1,081 1.091 HMRC interest r@Cvabl¢ Pr8paym•nts Total 3,353 4,438 2,908 4,001 10. Creditor8 2023 1,411 600 200 2022 Trade credtor8 842 Hire dep08its Aeerual- aecounlancy fee Oeferred income ro •v&nt hirt Total 800 1,800 275 3,717 1,885 4,096 Page 9
BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS 11. Movement of funds Balan¢e Incoming Outgoing Balanco 1.1.2023 resources ré8oLTrrces 31.12.23 Unrestricted funds Géneral free resèrves Unrestrictsd fixed assets 69,399 145.658 215,057 64,487 -45,872 87,994 -12009 133,649 64.4e7 -57,881 221,843 Réstrictèd funds Conversion of St John's church Cornmuntyfund 417,230 9,500 4.730 -17797 399,433 40,380 -2,120 47,760 40,380 -19,917 447,193 Total fund8 641.787 104,847 -77,798 688,838 Comparat've balanees for the year to 31.12.2022 Balance Incoming Outgoing Balance 1.1.2022 r680urces rosour¢e$ 31, 12.22 Unrestrictsd lund6 General frte re8erwe8 45,376 153.968 199.344 61,838 -37,615 $9,399 -8310 145,658 61,638 45,925 215,057 Unr88trictod fLX8d a88•ts Re8trict8d funds Conversion ol St John's church 430.083 -12,853 417.230 9500 9,500 9,500 -12,853 426.730 Comrnunlty fund 430,083 Total fund8 829,427 58,772 43,781 641.767 Unr08trict8d fund8 'Gener81" fttpresents lund8 which hav• been accurnulatsd for tho genèral puryJ$e$ of thè charity "Unr88tricted flx8d a889ts" rtrpr88ents unreslrl¢ts¢ funds held a8 fixed 8888ts which are not readily available. Restricted funda Conversion tsl Sl John'8, . thra r6pr888nt8 re8tricted funds hdd as fred a8Bets which arè not r8&dily available Communty fund in 2022 represented 8 £9,500 grant to anable th8 training of volunteers. Communtyfund in 2023 rapr68ant8d the baSance ol the above grant at £7,379, a grant of £2,080 towards replacement ¥quiprnent, and 81goa¢y of of £38.321 for 8pe¢ifi¢ purpo868. 12. AJIoc8tion of ¢haiity net ets The net a8Bets are held for the various funds ag fdlowB. Fixed Net ¢urr*nt Long term total assets a688ts habiltheB Unrestriced funds.. Gènèral Restri¢tèd fundB 133,938 399,373 87,707 47820 221,043 447.193 Total 533,309 135,527 868,838 Prior year net assets held for the various funds were as follows Unrestriced funds." Géneral 145,658 417,230 69,399 9500 215,057 426,730 Re8trieted fun(ts Total 582,888 78,899 641,787
BEMERTON COMMUNITY LIMITED NOTES TO THE FINANCIAL STATEMENTS 13. Ststus of company Th8 company a registered charlty, lirnrted by guarantee. The liab'lty of thè members in the event of a wnding up B limrted by guarantee to an amount not exceeding £10 per member. 14. Related party transaction. There wara no rdated party tran8ath"on8 during the year12022'. none). 15. PrKJr year comparattvè stslement of finanual acwb'es. Totsl Unr8Strict8(l Rèstrictèd 2022 Note Fundraislng actfvth'88 48,555 48,555 Donth"onB grants 8nd legacy 15,047 9,500 24547 Inve8lm8nts 36 Tot4 incorne 01,638 9,500 71,138 Expendtture 45,925 12,853 58,778 Totsl oxpendrture 45,925 12,853 58,778 Net income l expenditure 15,713 -3,353 12,380 Net movement in fund8 15,713 -3353 12,360 Reconclliatron ol fund8 Funds brought forward at 1 Jantjary 2023 199,3U 430,083 629,427 Totsl lund8 earrie¢J forward 215,057 426,730 841,787 Page11
BEMERTON COMMUNITY LIMITED INCOME AND EXPENDITURE ACCOUNT 18. Incomè and expenditure 2023 2022 Ineomè Donations Grants 47.224 2,060 12,547 9,500 2,500 Covid 19 bune88 8UPPOrt Totsl donations and or#nts 49284 24,547 Booking fee8 Communty events School fee6 18.085 7,900 13,000 1S,105 18.071 6.e59 13,100 10.725 Recepb"on & wedding fees Total fund raising 8th.86 54090 48,555 Int6re8t incom8 1,473 1,473 36 Totsl income 104,847 71,138 Expendttur8 Acctsuntanty l. Indep6nd8nt èxamlnerB loe Bemorton Livo profwiona ladder 200 980 1,800 1,337 227 Cleaning Equlpmènl repair8 and rèn8 General 8xp&n889 In$ur8n¢• 2.578 7.792 1847 2,238 2,507 539 4,201 2,421 4,562 1,490 15,036 411 4,399 744 Licence8 and 8ub8crfptr'onB '9hl and heal Office exp8ns 8,531 2191 1e,828 568 Rates and wat6r Td&phone and internet 3rd party lund8 Dbpos81 proceed8 Waste managèm¥nl Total xpenditure 1,118 475 833 .150 390 484 47992 37615 Surplu$ I deficf( 56.855 33,523 Oepreciation Long lèasehold Flures, frttings and aquipmenl 26,025 3,781 17.426 3,737 29806 21,163 Net ¥urplu$ I Ideficf(I 27.049 12.380 Paoe 12