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2022-12-31-accounts

REGISTERED COMPANY NUMBER: 05321715 (England and Wales)
REGISTERED CHARITY NUMBER: 1137500
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2022

for

Hebden Bridge Little Theatre Limited
Enigma Accountants Ltd
Office B5, Croft Myl
West Parade
Halifax
West Yorkshire
HX1 2EQ
Hebden Bridge Little Theatre Limited

Contents of the Financial Statements for the Year Ended 31 December 2022

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 13
Detailed Statement of Financial Activities 14 to 15
Hebden Bridge Little Theatre Limited

Report of the Trustees

for the Year Ended 31 December 2022

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31December2022.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Theobjectofthecharityistopromote,maintain,improveandadvanceeducationbyencouragementofthe arts
including without limitation, the arts of drama, mime, dance, singing and music.
The charityaims,objectivesand activitiesare reviewedeach year.The review looksat the activitiesundertakenin the
previousyeartoensurethatbenefitshavebeenbroughttothosegroupsthecharitywassetuptohelp.The review
also helps to ensure that our activities remain focused on our stated aims and objectives.

Public benefit

WehavereferredtotheguidancecontainedintheCharityCommission`sgeneralguidanceonpublicbenefit when
reviewing our aims and objectivesand in planning the charity`sfuture activities.In particularthe trustees consider how
planned activities will contribute to the aims and objectives they have set.

Volunteers

The charity is grateful for the assistance of around  50 volunteer workers during the year.

ACHIEVEMENT AND PERFORMANCE

As a registered charitythe aim of Hebden Bridge Little Theatre is to provide opportunitiesfor people of all race,  gender
andinclinationtoexpressthemselvesthroughalltheactivitiesinwhichatheatreisinvolved.Theobviousthings are
actinganddirectingbutthereisamuchwiderrangeofactivitiessuchassetbuilding,wardrobeprops,lighting and
otheraspectsofproducingaplayaswellasthedutiesofhousemanaging,refreshmentserving,barwork and
stewarding.
Outsideoftherolesinvolvedinthedirectproductionofaplaytherearemanyotherareaswherepeoplecan be
involvedsuchasthemaintenanceofabuilding,theorganisationofoutsideeventsandotherwaysthatcan allow
people to express themselves.
Thetheatrehashadabusyyearin2022aswe haveperformed5variedplaysandticketsaleshaveincreased during
theyear.Membershiphasalsoincreasedin2022andwe haveattractednew actors,particularlyforthe Shakespeare
play.
We also continueto hire out the theatre to visting companiessuch as light opera, comedy club, burlesque,schools  and
filmakers, all of which give  a wide variety of people the opportunity to express themselves.
Thetheatrehasundertakengeneralbuildingmaintenanceincludingnewsignageandanewshedandwehave some
further refurbishment plans for 2023.

FINANCIAL REVIEW

Financial position

Incomehasincreasedthisyearacrossallactivitiesto£35,668(2021£31,973).In2021thetheatrewasonlyopen for
part of the year and it received £23,004 in grants. There were no grants received this year.
Expenditurehasalsoincreasedthisyearto£36,252from£28,234withthelargestexpensebeingproductioncosts of
£10,738(2021£4,038).Repairsthisyearhavedecreasedto£3,864from10,854in2021.Thetheatrehasalso spent
£3,405 this year on theatre management (2021 £773).
During the year expenditure has exceeded income by £584 (2021 surplus of £3,739).
The charity also spent £5,325 (2021 £2,785) on capital additions for equipment and fixtures and fittings.
At present the charity has no restricted funds.
Page 1
Hebden Bridge Little Theatre Limited

Report of the Trustees for the Year Ended 31 December 2022

FINANCIAL REVIEW

Principal funding sources

Theprincipalfundingsourcesofincometothecharitywereproductionincomeof£19,228(2021£4,690);lettings of
£8,004 (2021 £2,759) and donations from the bar of £6,000 (2021 £500).
These funds supportthe key objectivesof the charityto promote,improve and advancethe arts and maintaina varied
programme of creative arts.

Reserves policy

Attheyearendthecharityhadtotalreservesof£594,247(2021£594,831),andfreereservesof£36,659 (2021
£38,515).The trustees have establisheda level of reserves (that is those funds that are freely available)which will  allow
the charity to operate and meet its objectives and continue as a going concern.

Going concern

The trustees have considered the position regarding going concern.
The charityhas sufficientliquid funds to meet its liabilitiesas they become due and expenditurewill not be authorised
unlesssufficientfundsareinplace.Forthesereasonsthetrusteescontinuetoadoptthegoingconcernbasis for
preparing these financial statements.

FUTURE PLANS

During2023weintendtocontinuetoputonliveperformances,attractnewperformersandencouragethem to
contribute to different aspects of theatre life.
2024 will be our Centenary year and we have plans for a number of events alongside our normal 5 plays.
Wealsoplantorevampourentranceareaandrefurbishtheentrancecorridorandlounge.Wewanttochange the
lighting in this area to create a better ambience.
We will also continue letting out the theatre to outside groups to provide additional income.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
Thecharityisacompanylimitedbyguaranteewhichwasincorporatedon29December2004andregisteredas a
charity on 16 August 2010. The registered company number is 5321715 and the registered charity number is 1137500.

Charity constitution

The charity is governed by its Memorandum and Articles of Association as amended on 18 June 2010.

Recruitment and appointment of new trustees

Tobecomeatrusteeofthecharityyoumustbeamemberofthecharityandbeapprovedbytheexisting trustees.
Therearecurrently8trustees.Theminimumnumberoftrusteesis3andthemaximumis15.Theliabilityof each
member in the event of winding up is limited to £10.

Organisational structure

The charity is managed and overseen by the trustees.

Decision making

The trustees make decisions regarding strategic matters, all expenditure and the day to day running of the charity.

Induction and training of new trustees

Thepolicyforinductingnewtrusteeshasbeenagreedandtrainingwillbegiventonewtrusteesto familiarise
themselves with the charity and their obligations.
Page 2
Hebden Bridge Little Theatre Limited

Report of the Trustees for the Year Ended 31 December 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Related parties

TheonlyrelatedpartiesarethetrusteesandMrR HirstwhoisthesonofMrS Hirst(trustee)whohasbeenpaid for
some work undertaken for the charity. The notes to the accounts include details of the transactions.

Risk management

Thetrusteeshaveconductedareviewofthemajorriskstowhichthecharityisexposedandsystemshave been
established to mitigate those risks.
Internalrisks are minimisedby the implementationof proceduresfor the authorisationof all transactionsand projects
and to ensure consistent quality of delivery for all operational aspects of the charitable company.
Externalrisksrelatelargelytofundingasaresultoftheeconomicclimateresultingindifficultiesinthe charity
supportingits projects.The risks are minimisedby the reserves the charityhas and thatthe charitywill not commit to
funding projects unless sufficient resources are in place and will also look to diversify funding if required.
The procedures are periodically reviewed to ensure they still meet the needs of the charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05321715 (England and Wales)

Registered Charity number

1137500

Registered office

Holme Street
Hebden Bridge
Halifax
West Yorkshire
HX7 8EE

Trustees

Mrs A Duffy
Ms J Gore
S Hirst
M A Peel
Mrs S Riches
T S Smith
Ms H Stow (appointed 1.4.2022)
Mrs G M Walker (appointed 1.4.2022)

Company Secretary

Mrs S Riches

Independent Examiner

Enigma Accountants Ltd
Office B5, Croft Myl
West Parade
Halifax
West Yorkshire
HX1 2EQ

Bankers

Lloyds TSB
Page 3
Hebden Bridge Little Theatre Limited

Report of the Trustees for the Year Ended 31 December 2022

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees(who are also the directorsof HebdenBridge LittleTheatreLimitedfor the purposesof companylaw) are
responsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordancewithapplicable law
andUnitedKingdomAccountingStandards(UnitedKingdomGenerallyAcceptedAccountingPractice) including
Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Companylawrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgiveatrueand fair
viewofthestateofaffairsofthecharitablecompanyandoftheincomingresourcesandapplicationof resources,
includingtheincomeandexpenditure,ofthecharitablecompanyforthatperiod.Inpreparingthose financial
statements, the trustees are required to
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyat any
timethefinancialpositionofthecharitablecompanyandtoenablethemtoensurethatthefinancial statements
complywith the CompaniesAct 2006. They are also responsiblefor safeguardingthe assets of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating
to small companies.
Approved by order of the board of trustees on 4 April 2023 and signed on its behalf by:
Mrs G M Walker - Trustee
Page 4

Independent Examiner's Report to the Trustees of Hebden Bridge Little Theatre Limited

Independent examiner's report to the trustees of Hebden Bridge Little Theatre Limited ('the Company')

IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 December 2022.

Responsibilities and basis of report

As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accountsof the Company are not required to be audited under Part 16 of the 2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examinationI have  followed
the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tracy A Kelliher ACA
Enigma Accountants Ltd
Office B5, Croft Myl
West Parade
Halifax
West Yorkshire
HX1 2EQ
Date: .............................................
Page 5

Hebden Bridge Little Theatre Limited

Statement of Financial Activities

for the Year Ended 31 December 2022

31.12.22 31.12.21
Unrestricted Total
fund funds
Notes £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,408 1,020
Charitable activities
Production Income
19,228 4,690
Other Income
28 23,004
Lettings
8,004 2,759
Other trading activities 2 6,000 500
Total 35,668 31,973
EXPENDITURE ON
Charitable activities
Production and Lettings Expenditure 36,252 28,234
NET INCOME/(EXPENDITURE) (584) 3,739
RECONCILIATION OF FUNDS
Total funds brought forward 594,831 591,092
TOTAL FUNDS CARRIED FORWARD 594,247 594,831
The notes form part of these financial statements
Page 6
Hebden Bridge Little Theatre Limited

Balance Sheet

31 December 2022

Notes
FIXED ASSETS
Tangible assets
6
CURRENT ASSETS
Prepayments and accrued income
Cash at bank and in hand
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
ACCRUALS AND DEFERRED INCOME
7
NET ASSETS
FUNDS
8
Unrestricted funds
TOTAL FUNDS
31.12.22
Unrestricted
fund
£
557,588
923
38,361
39,284
39,284
596,872
(2,625)
594,247
594,247
594,247
31.12.21
Total
funds
£
556,316
1,775
38,445
40,220
40,220
596,536
(1,705)
594,831
594,831
594,831
The charitablecompanyis entitledto exemptionfrom audit under Section 477 of the CompaniesAct 2006 for the year
ended 31 December 2022.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon4April2023and were
signed on its behalf by:
S Hirst - Trustee
The notes form part of these financial statements
Page 7
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements for the Year Ended 31 December 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
prepared in accordancewith the Charities SORP (FRS 102) 'Accountingand Reportingby Charities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it
is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccruals basis
andhasbeenclassifiedunderheadingsthataggregateallcostrelatedto thecategory.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.

Tangible fixed assets

Depreciationis providedat the followingannualratesin order to write off each assetover its estimated useful
life.
Improvements to property- 15% on reducing balance
Plant and machinery- 15% on reducing balance
Fixtures and fittings- 15% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
At present, the charity has no restricted funds.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Grants

Governmentgrantsof£23,004werereceivedin2021viaCalderdaleCounciltoprovidefundstoassist the
charityduringthe COVID-19pandemic.The grantswere unconditionalandhavebeenrecognisedas income in
the financial statements. There were no grants receivable in 2022.
continued...
Page 8
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2022

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
31.12.22 31.12.21
£ £
Bar Income 6,000 500
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.12.22 31.12.21
£ £
Depreciation - owned assets 4,053 3,827

3. NET INCOME/(EXPENDITURE)

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees'remunerationor other benefitsfor the year ended 31 December 2022 nor for the year
ended 31 December 2021.

Trustees' expenses

Therewerenotrustees'expensespaidfortheyearended31December2022norfortheyear ended
31 December 2021.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,020
Charitable activities
Production Income
4,690
Other Income
23,004
Lettings
2,759
Other trading activities 500
Total 31,973
EXPENDITURE ON
Charitable activities
Production and Lettings Expenditure 28,234
NET INCOME 3,739
continued...
Page 9
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2022

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
RECONCILIATION OF FUNDS
Total funds brought forward 591,092
TOTAL FUNDS CARRIED FORWARD 594,831

6. TANGIBLE FIXED ASSETS

COST
At 1 January 2022
Additions
At 31 December 2022
DEPRECIATION
At 1 January 2022
Charge for year
At 31 December 2022
NET BOOK VALUE
At 31 December 2022
At 31 December 2021
Improvements
Freehold
to
property
property
£
£
534,627
8,090
-
-
534,627
8,090
-
5,356
-
410
-
5,766
534,627
2,324
534,627
2,734
Plant and
machinery
£
8,665
4,912
13,577
2,875
1,606
4,481
9,096
5,790
Fixtures
and
fittings
£
51,829
413
52,242
38,664
2,037
40,701
11,541
13,165
Totals
£
603,211
5,325
608,536
46,895
4,053
50,948
557,588
556,316
The freehold land and propertyis included in the accountsat its cost value. The trustees are of the opinion that
thisisafairreflectionofitsmarketvalueatboth31stDecember2021and2022.Accordinglyno depreciation
has been provided in the financial statements.

7. ACCRUALS AND DEFERRED INCOME

Accruals and deferred income
31.12.22 31.12.21
£ £
2,625 1,705
continued...
Page 10
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 December 2022

8. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1.1.22 in funds 31.12.22
£ £ £
Unrestricted funds
General fund
594,831
(584) 594,247
TOTAL FUNDS
594,831
(584) 594,247
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
35,668
(36,252) (584)
TOTAL FUNDS
35,668
(36,252) (584)
Comparatives for movement in funds
Net
movement At
At 1.1.21 in funds 31.12.21
£ £ £
Unrestricted funds
General fund
591,092
3,739 594,831
TOTAL FUNDS
591,092
3,739 594,831
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
31,973
(28,234) 3,739
TOTAL FUNDS
31,973
(28,234) 3,739
continued...
Page 11
Hebden Bridge Little Theatre Limited

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

8. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Net
movement
At 1.1.21
in funds
£
£
591,092
3,155
591,092
3,155
At
31.12.22
£
594,247
594,247
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 67,641 (64,486) 3,155
TOTAL FUNDS 67,641 (64,486) 3,155

9. RELATED PARTY DISCLOSURES

Therearerelatedpartytransactionsin2022relatedtoworkundertakenbyMrRHirst(sonofMr S
Hirst-trustee).
Thisamountedto£2,777(2021£3,949)andrelatedtorepairwork,windowcleaningetcchargedat normal
market rates. The amounts invoiced had all been paid and there was nothing outstanding at the year end.
There was also a paymentof £50 to Ms H Stow in 2022relatingto theatremanagement.Thiswas also charged
at normal market rates.

10. COMPANY STATUS

The companyis registeredin Englandand is limitedby guaranteeand has no share capital.The liabilityof each
member in the event of winding up is limited to £10.
continued...
Page 12
Hebden Bridge Little Theatre Limited
Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

11. INDEPENDENT EXAMINERS REMUNERATION

Fees payable for the independent examination are £300 (2021 £300).
Fees payable for accountancy services are £780 (2021 £720).

12. NON INDEPENDENT EXAMINERS SERVICES

Incommonwithmanyothercharitiesofoursizeandnature,weuseourindependentexaminersto prepare
and submit returns to the tax authorities and assist us with the preparation of the financial statements.
Page 13

Hebden Bridge Little Theatre Limited

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Membership Income
Other trading activities
Bar Income
Charitable activities
Production Income
Lettings
Other income
Covid 19 grant
Total incoming resources
EXPENDITURE
Charitable activities
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Production costs
Ice cream and refreshments
Licenses
Repairs and renewals
Cleaning and washroom
Bank charges
Website costs
Event management
Improvements to property
Plant and machinery
Fixtures and fittings
Support costs
Governance costs
Accountancy fees
Carried forward
Detailed Statement of Financial Activities
for the Year Ended 31 December 2022
31.12.22
31.12.21
£
£
1,318
-
1,090
1,020
2,408
1,020
6,000
500
19,228
4,690
8,004
2,759
28
-
-
23,004
27,260
30,453
35,668
31,973
661
335
1,970
2,058
4,091
2,640
589
576
281
134
989
161
10,738
4,038
1,331
251
1,036
210
3,864
10,854
1,527
890
158
102
480
365
3,405
773
410
482
1,605
1,021
2,037
2,324
35,172
27,214
780
720
780
720
Detailed Statement of Financial Activities
for the Year Ended 31 December 2022
31.12.22
31.12.21
£
£
1,318
-
1,090
1,020
2,408
1,020
6,000
500
19,228
4,690
8,004
2,759
28
-
-
23,004
27,260
30,453
35,668
31,973
661
335
1,970
2,058
4,091
2,640
589
576
281
134
989
161
10,738
4,038
1,331
251
1,036
210
3,864
10,854
1,527
890
158
102
480
365
3,405
773
410
482
1,605
1,021
2,037
2,324
35,172
27,214
780
720
780
720
1,020
500
4,690
2,759
-
23,004
30,453
31,973
335
2,058
2,640
576
134
161
4,038
251
210
10,854
890
102
365
773
482
1,021
2,324
27,214
720
720
This page does not form part of the statutory financial statements
Page 14
Hebden Bridge Little Theatre Limited

Detailed Statement of Financial Activities

for the Year Ended 31 December 2022

for the Year Ended 31 December 2022
31.12.22 31.12.21
£ £
Governance costs
Brought forward 780 720
Independent examination 300 300
1,080 1,020
Total resources expended 36,252 28,234
Net (expenditure)/income (584) 3,739
This page does not form part of the statutory financial statements
Page 15