COMPANY REGISTRATION NUMBER: 07304443 CHARITY REGISTRATION NUMBER: 1138044 Brampton and Beyond Community Trust Company Limited by Guarantee Unaudited Financial Statements 31 March 2024 ORDON CONS LT NCY LIMITED Chartered accountants Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Brampton and Beyond Community Trust Company Limited by Guarantee Financial Ststements Year ended 31 March 2024 Page Trustees, annual report (incorporating the diiectorfs report) Independent examiner's report to the trustees Statement of financial activities {including income and expenditure account) Statement of financial position Notes to the financial statements 10 The following pages do not form part of the financial statements Detailed statement of financial activities 22 Notes to the detailed statement of financial activities 23
Brampton and Beyond Community Trust Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudrted financial statements of the ¢hafty for the year ended 31 March 2024. Reference and administrative details Registered charlty name Brampton and Beyond Community Trust Charfty registration number 1138044 Company reglstration number 07304443 Principal office and registered Brampton Communty Centre office Union Lane Brampton Cumbria CA8 1BX The trustees R Allan D Bamford T Coombe MFOX S Graham J Langley J Langley C Lee-schrijver A Oswin J Porter (Resigned 23 November 2023) Independent examiner Mr RW Gordon, FCA Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN Structure. governance and management Brampton and Beyond Community Trust operates as a charitable organisation structured as company limited by guarantee. It was officially registered wilh Companies House in July 2010 under the company number 07304443. Subsequently. the Trust gained charf(able status, registering with the Charity Commission in September 2010 under the charity number 1138044. Governance of the Trust is laid out in its memorandum and articles of association, which Serve as the guiding documents for the charrtable company's operations. The Trust's registered office is situated at Brampton Community Centre, Union Lane, Brampton, Cumbria, CA8 18X.
Brampton and Beyond Community Trust Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnuedj Year ended 31 March 2024 Structurei governance and management (¢ontsnued) Recruitment and Appointment of Trustees The govemance of the Trust is vested in its membership, comprised of residents from the Trust's designated area of benefit. Trustees are elected by these Members during the Annual General Meeting (AGM), with one-third of the serving Trustees stepping down by rotation at each AGM. Throughout the year, the Board of Trustees has the authority to COwOPt Members as interim Trustees,. however, such cckopted Trustees are required to relinquish their roles at the subsequent AGM. It is stipulated that Trustees may not engage in paid employment with the Trust. To ensure a skilled and effective Board. regular audits of Trustee competencies are conducted. All Trustees are mandated to complete training modules pertinent to their roles. When skills shortages are identified, the recruitment focus shifts to addressing these gaps. Trustee vacancies are publicly announced on the Communty Centre's websFte, and applications are encouraged from all communty sectors. The selection and review process is overseen by the Board of Trustees, guided by the Chairman. Induction and Training of Trustees Upon their appointment, new Trustees undergo a comprehensive induction process that includes site tours and consultative sessions with the Senior Management Team. To facilitste a smooth transition into their roles. each new Trustee is matched with a current Board member through an informal mentoring scheme known as the "buddy system" Additionally, pertinent documents from the Charty Commission and Companies House. outlining the fiduciary duties and responsibiltties of Trustees, are supplied to each newcomer. To further bolster their expertise, Trustees are also provided with information on relevant training courses designed to deepen their understanding and proficiency in their roles. Organisation Structure The Board of Trustees bears the overarching responsibility for the charty's governance. The Chairman takes on the pivotal rde of executing strategy and supervising the Trust's daily operations, which are carried out by the Senior Management Team. The Senior Management Tearn currently consists of James Burke. serving as the Communty Centre Manager. Throughout the 2022123 financial year, the Board convened roughly on a bimonthly basis. Their remit encompassed the overarching goveman¢e of the charty and the delivery of its seNices, including the approval of strategic initiatives. In accordance with best practices, any Conflicts of interest among Board members were duly declared and appropriately documented.
Brampton and Beyond Community Trust Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2024 Objectlves and activities The objects of the Charrty, as given in the Articles of Association are: To promote the benefit of the inhabitants of the parishes of Askerton, Bewcastle, Brampton. Burtholme, Carlatton, Castle Carrock, Cumrew, Cumwhitton, Farlam, Gettsdale, HaOn, Helhersgill. lrthington, Kingwater, Midgeholme, Nether Denton. Scaleby, Solport, Stanwix Rural, Stapleton. Upper Denton, Walton, Waterhead, and Wetheral and the surrounding area without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local aLrthorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the Conditions of lrfe for the said inhabitants. To establish. or secure the establishment of a Community Centre, and to maintain and manage the same (whether alone or in co-operation with any local authorty or other person or body) in furtherance of these objects. To promote such other charitable purposes as may from time to time be determined. Public Benefit Throughout the year. the Trustees have diligently worked to fulfil the objectives outlined in the Trust's Articles of Association while adhering to their obligations as a registered charity. In the course of executing the Trust's adivities, the Trustees afFirm that they have met the Criteria set forth in section 4 of the Charities A¢t 2011. They have given due consideration to the Charity Commission for England and Wales's guidelines con¢erning public benefit. Achievements and perforniance In the financial year ending 31 st March 2024. the Board made a strategic decision to adopt a deficit budget. Despite this, the Trust exceeded projections, achieving a modest surplus. This notable outcome is largely due to the optimal utilisation of the Trusfs principal asset, Brampton Community Centre, alongside the commitrnent and diligence of our team. The Centre experienced increased engagement, not only through the Trust's own initiatives but also from a growing variety of local. ststutory, and other partner organisations. A key success during the year has been the development of robust and meaningful relationships with stakeholders at local, regional, and national levels. These strengthened partnerships have expanded the range and quality of our offerings, positively influencing attendance at Brampton Communty Centre and contributing to a stable revenue stream. The launch of the Brampton Youth Project was another significant milestone. marking the Trust's renewed commitment to supporting young people in our community and rebuilding our presence in the area of benefit. Amid economic pressures, we made the deliberate choice to keep fees unchanged, understanding that an increase would not serve our communty's interests. Instead, we focused on obtaining grants and fom)ing partnerships, successfully securing additional funding to offset our financial shortfall. This approach aligns wtth our commitment to helping service users work towards long-temi self-sufficiency and sustainabilty.
Brampton and Beyond Community Trust Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) {¢ontinuedJ Year ended 31 March 2024 Achievements and perfomiance (¢onlinuedJ In summary, the Trust has made considerable progress over the past year, laying a solid foundation for future development. The Board, however. remains mindful that ongoing efforts are essential to solidify these achievements and ensure the Trust's long-term sustainability. Financlal revlew Reserves Pollcy: The Twst has restructured its unrestricted funds to maintain cash reserves amounting to approximately three months of operational costs, roughly £60k. This strategy aligns with our reseNes policy, aimed at ensuring adequate cash flow and enabling uninterrupted service provision. In addition to this contingency reserve, designated funds are allocated to foster service development and enhance our operational setting. Further unrestricted funds are set aside to advance a long-term Capital repairs programme. While there has been some progress on this front in the previous financial year, challenges have arisen due to shortages of qualified professional and voluntary help. The Trust acknowledges that preserving the appropriate level of cash reseNes will continue to be a ¢hallenging task, given various financial pressures, recovery strategies, and broader economic uncertainties. Plans for future periods As we look to the future. the Trust remains steadfast in its commitment to delivering exceptional servirE to the local community. Our focus is on both the qualty of facilities and the diversty of activities offered. It is invigorating to witness a resurgence in communty engagement, as many of our longstanding users return and new parti¢ipants join. This expanding user base is enabling us to broaden the array of activities and opportunities we can provide, thereby making our services more appealing and impactful. This positive momentum is not merely a fleeting development but forms the cornerstone of our forward-looking strategy. We intend to capitalise on this by continually adapting and expanding our offerings to meet the evolving needs and interests of the community. This approach is designed to attract even greater participation, thereby not only sustaining but also potentially increasing our income streams. In line with this, we are also exploring various avenues for partnership and funding opportunities, with the aim of further enhancing our SeiceS and financial stability. Our ultimate goal is to create a robust and sustainable operational model that serves as a community hub, enriching the lives of Iccal residents for years to come. Small company provlsions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
Brampton and Beyond Community Trust Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) fconlinued) Year ended 31 March 2024 The trustees, annual report was approved on 31 August 2024 and signed on behalf of the board of trustees by: J Porter Trustee
Brampton and Beyond Community Trust Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Brampton and Beyond Community Trust Year ended 31 March 2024 I report to the trustees on my examination of the financial statements of Brampton and Beyond Communty Trust ('the charity,) for the year ended 31 March 2024. R8spon$ibilitles and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act.). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 {Yhe 2011 Act.). In carrying Out my examination I have foll¢Jwed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examinerfs statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the charty as required by section 386 of the 2006 Act. or the financial ststements do not accord with those records- or the financial ststements 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 fairf view which is not a matter considered as part of an independent examination", or the financial statements have not been prepared in accordance with the methods and principle5 of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concerns and have come across no other matters in connection wilh the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr RW Gordon, FCA Independent Examiner Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN
Brampton and Beyond Community Trust Company Limited by Guarantee ststement of Financlal Activities {including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Total funds Total funds 2023 Unrestrided funds Nots Income and endowments Donations and legacies Other trading activities Investment income 11,204 108,893 1,767 121.864 101.992 113,196 108,893 1,767 53,303 100.182 3.258 Totsl income 101,992 223,856 156,743 Expenditure Expenditure on charitable adivities Total expenditure 105,880 72,876 72,876 178,756 171,101 105,880 178,756 171.101 Net in¢omel(expenditure) and net movement in funds 15,984 29,116 45.100 (14,358} Reconciliation of funds Total funds brought foNiard Total funds carried forward 282,590 298.574 26,702 309,292 323,650 309.292 55.818 354,392 The statement of financial activities includes all gains and losses recognised in the year. All income and expendrture derive from continuing activities. The notos on pages 10 to 20 form part of these finan¢lal statomants.
Brampton and Beyond Community Trust Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Not• Flxed assets Tangible fixed assets 14 230.704 235,918 Current assets Debtors Cash at bank and in hand 15 3,735 131,634 135.369 1,863 90,219 92.082 Creditors: amounts falling due within one year Net current assets 16 11,681 5,623 123,688 86,459 Total assets less Current liabilities 354.392 322,377 Creditors: amounts falling due after more than one year Net assets 17 13.085 309.292 354,392 Funds of the charity Restricted funds Unrestricted funds 55,818 298,574 354,392 26,702 282,590 Total charity funds 19 309,292 For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities= The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476- The directors acknowledge their responsibilib'es for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The statement of financial position continues on the following page. The notes on pages 10 to 20 forni part of these financlal $tst•ments.
Brampton and Beyond Community Trust Company Limited by Guarantee Statement of Financial Position (continued) 31 March 2024 These financial statements were approved by the board of trustees and authorised for issue on 31 August 2024, and are signed on behalf of the board by.. J Porter Trustee The notes on pagès 10 to 20 forni part of thesè financial statements.
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General information The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Brampton Community Centre, Union Lane, Brampton, Cumbria. CA8 1BX. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entity. Going concern There are no material uncertainties about the charty's ability to continue. Disclosure exemptions The entity satisfies the criteria of being a qualifying entty as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 10
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2024 Accounting policies (¢ontlnued) Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds eamiarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure dectared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Incoming resources All incoming resources are included in the statement of financial activities when entrtlement has passed to the charity- it is probable that the economic benefits associated with the transaction will flow to the charty and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entttlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated gocKls is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received rf the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned rf unspent, in which case it may be regarded as restricted. 11
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements {¢ontinuedJ Year ended 31 March 2024 Accountlng policies (conllnued) Resources expended Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of firsancial activities to vthich it relates: expenditure on raising funds includes the costs of all fundraising activities, events. non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charty in undertaking activities that further its charitable aims for the benefrt of its beneficiaries, including those support costs and costs relating to the govemance of the charity apportioned to charitable activrties. other expenditure includes all expenditure that is neither related to raising funds for the charty nor part of its expenditure on chariiable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activty are allocated directly to that acttvrty. Shared costs are apportioned between the activities they contribute to on a reasonable. justrfiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequentty stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses. unless tt reverses a charge for impairment that has previousty been recognised as expenditure viithin the statement of financial activities. A decrease in the carrying amount of an asset as a resutt of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is sht)wn within other recognised gains and losses on the statement of financial activities. Depre¢iatlon Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economi¢ lrfe of that asset as follows". Building improvements Motor vehicles Equipment 20/0 Straight line 25 % straight line 250A straight line Impaimient of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaid accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. 12
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (¢onlinued) Year ended 31 March 2024 Accounting policles (conllnued) Impairment of fixed assets (conUnu8dJ For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset. an estimate is made of the recoverable amount of the cash- generating unit to which the asset belongs. The ¢ash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash infiows that largety independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is. from the acquisttion date, allocated to each of the cash-generating unrts that are expected to benefit from the synergies of the combinatn, irrespective of whether other assets or liabilities of the charty are assigned to those units. Financial instruments A financial asset or a financial liabilty is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such invesbnents are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business term5 or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any Changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at Cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an irnpairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of signrficance, and other financial assets that are individually significant. these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar Credit risk characteristics. 13
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Accounting policies (¢ontlnuedJ Financial instruments (condnu•d) Any reversals of impainnent are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the exient that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in whi¢h the employees render the related service. the liabilrty is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Limited by guarantee The company is limited by guarantee and dS not have a share capital. The liability of the members in the event of the company being liquidated is limited to £1 per member. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donation5 1,204 1,204 Grants Carlisle City Council Power to Change other Small Grants Awards for All Cumbria Community Foundation Childrens Area 21,400 21.400 10,000 80,165 427 90,165 427 11,204 101,992 113,196 Unrestricted Funds Restricted Total Funds Funds 2023 Donations Donations 1,526 1,526 14
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (conllnued) Year ended 31 March 2024 Donations and legacies (continued) Unrestricted Funds Restricted Total Funds Funds 2023 Grants Carlisle City Council Power to Change Other Small Grants Awards for All Cumbria Community Foundation Childrens Area 21,400 5,835 9,638 10,291 3,031 1,582 51.777 21.400 5.835 9.638 10.291 3,031 1,582 1,526 53,303 Other trading activities Unrestrided Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Fundraising events Centre Mini Bus Income 1,060 107,833 1.060 107.833 977 97,541 977 97,541 1.664 108,893 108,893 100,182 100,182 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 1,767 1,767 3.258 3,258 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Centre 105,880 72,876 178,756 Unrestricted Funds Restricted Total Funds Funds 2023 Centre 71,689 99,412 171,101 15
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (conlinu8d) Year ended 31 March 2024 Expenditure on Charitsble activitles by activity type Activities undertaken Total funds directly 2024 Total fund 2023 Centre 178,756 178,756 171,101 10. Net incomel(expenditure} Net incomel(expenditure) is stated after chargingl(crediting).' 2024 2023 Depreciation of tangible fixed assets 5,214 5.214 11. Independent examination fees 2024 2023 Fees payable to the independent examiner for= Independent examination of the financial statements 200 200 12. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security costs Employer contributions to pension plans 70.119 572 903 62,427 13 827 71,594 63.267 The average head count of employees during the year was 4 (2023.. 3). The average number of full-time equivalent employees during the year is analysed as follows.. 2024 2023 Number of staff No employee received employee benefits of more than £60,000 during the year (2023: Nil). 13. Trustee remuneration and expenses No employees had benefits {ex¢luding employer pension costs) in excess of £60,000(2023'. £nil). The charity Trustees were not P8id or received any other benefits from employment with the Trust in the period {lastl: £nil) neither were they reimbursed expenses during the period {2023'. £nil). No charily Trustee received payment for professional or other seNices supplied to the Charity {lastl'. £nil). 16
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (contlnuedj Year ended 31 March 2024 14. Tangible fixed assets Freehold property Motor vehicles Equipment Total Cost At 1 April 2023 Disposals At 31 Mar¢h 2024 260,707 16,856 (16,856) 23,736 301.299 (16.856) 284.443 260,707 23,736 Depreciation At 1 April 2023 Charge for the year Disposals At 31 March 2024 26.371 5.214 16,856 22,154 65,381 5,214 (16,856) 53,739 {16,856) 31,585 22,154 Carrying amount At 31 March 2024 229,122 1,582 1.582 230.704 At 31 March 2023 234,336 235,918 15. DebtOT5 2024 2023 Trade debtors Prepayments and accrued income 3,330 405 1.458 405 3,735 1,863 16. Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Social security and other taxes other Creditors 4.931 600 5,190 960 1,966 600 2,489 568 11,681 5,623 17. Creditors." amounts falling due after more than one year 2024 2023 Bank loans and ovèrdrafts 13,085 17
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (¢ontinuedJ Year ended 31 March 2024 18. Pensions and other post retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £903 (2023-. £827). 19. Analysis of charitable funds Unrestricted funds At 31 March 202 At 1 April 2023 Income Expenditure General funds Minibus Fund 277,677 4,913 121,864 {105,880) 293.661 4.913 282,590 121,864 (105,880) 298,574 At 31 March 202 At 1 April 2022 Income Expenditure General funds Minibus Fund 244,400 4,913 104,966 (71,689) 277,677 4,913 249,313 104,966 {71,689) 282.590 18
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Statements (¢ontinuedJ Year ended 31 March 2024 19. Analysis of charitable funds (Continued) Restricted funds At 31 March 202 At 1 April 2023 Income Expenditure Legacy Restricted Fund Improvement Fund Council Wages Grant Armed Forces Fund Awards for All Media Project other Small Restricted Funds 2,694 4,813 2.694 4.813 21,400 (21,400) (1.387) (1,422) (1,780) (46,887) {72,876) 5,000 1,917 1,085 11,193 3.613 922 195 43.581 427 890 79,275 101.992 26.702 55,818 At 31 March 202 At 1 April 2022 Income Expenditure Legacy Restricted Fund Improvement Fund Council Wages Grant Armed Forces Fund Awards for All Media Project other Small Restricted Funds 2,694 4,813 2,694 4,813 21,400 {21,400) (24,000) (12,327) 12.908) (38,777) {99,412) 29,000 3,953 3,993 29,884 74.337 5,000 1,917 1,085 11,193 10,291 20,086 51.777 26,702 19
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Financial Ststements (contlnuedj Year ended 31 March 2024 20. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Credrtors less than 1 year Creditors greater than 1 year Net assets 230,704 79,551 (11.681) 230,704 135,369 {11,681) 55,818 298,574 55.818 354,392 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 235,918 65,380 (5,623) (13,085) 282,590 235.918 92,082 (5.623) (13.085) 309,292 26.702 26,702 20
Brampton and Beyond Community Trust Company Limited by Guarantee Management Information Year ended 31 March 2024 The following pages do not fomi part of the financial statements. 21
Brampton and Beyond Community Trust Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Income and endowments Donations and legacies Donations Carlisle City Council Power to Change Other Small Grants Awards for All Cumbria Community Foundation Childrens Area 1.204 21,400 1,526 21,400 5.835 9.638 10,291 3,031 1,582 90.165 427 113.196 53,303 Other trading activities Fundraising events Centre Mini Bus Income 1,060 107.833 977 97,541 1,664 100,182 108,893 Investment income Bank interest receivable 1.767 3,258 Total income 223,856 156,743 Expenditure Expenditure on charitable activities Wages and salaries Employerfs NIC Pension costs Rates and water Light and heat Repairs and maintenance Insurance Motor vehicle expenses other office costs Depreciation Interest on bank loans and overdrafts 70.119 572 903 3,658 21,436 11,988 7,199 29 56,723 5,214 915 62,427 13 827 2,133 17,585 9.034 6.633 1,024 64,044 5.214 2.167 178,756 171,101 Total expenditure 178.756 171,101 Net incomel{expendlture) 45,100 {14,358} 22
Brampton and Beyond Community Trust Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 March 2024 2024 2023 Expenditure on charitable activitles Centre Activities undertaken directly Wageslsalaries Employeff s NIC Pension costs Rates & water 70,119 572 903 3,658 62,427 13 827 2,133 r ai Light & heat Repairs & maintenance Insurance Mini Bus expenses Events and Other office costs Depreciation Interest on bank loans and overdrafts 21,436 11,988 7,199 29 56,723 5,214 915 17.585 9,034 6,633 1,024 5.214 2,167 171,101 178.756 Expenditu on charitable activities 178,756 171,101 23