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2023-08-31-accounts

Reference and Administrative	Details
Trustees' report
Trustees' responsibilities in relation to the financial statements
Independent examiner's report
Statement offinancial activities
Balance sheet
Cash flow statement
Notes to the finanual statements

Charity name			Lyvennet Community	Lyvennet Community	Trust
Charity registration	number		1139327
Company registration		number	06996964
Principal office			9-10Stoneworks	Garth
			Crosby Ravensworth
			PENRITH
			CA103JE
Registered oNce			9-10Stoneworks	Garth
			Crosby Ravensworth
			PENRITH
			CA103JE
Trustees			RA Bird
			D M Graham
			D K Henderson
			A ST Holroyd
			Cllr J Raine
			SRoberts
			E Rowell
			KEWinder
Accountant			Dodd 8 Co Limited
			FIFTEEN Rosehill
			Montgomery Way
			Rosehill Estate
			CARLISLE
			CA1 2RW

				Unrestricted	Total Funds	Total Funds
				Funds	2023	2022
			Note	6
Income and endowments		from:
Donations and legacies				13,042	13,042	13,042
Charitable activities				66,511	66,511	72,209
Total income and endowments				79,553	79,553	85,251
Expenditure on:
Charitable activities				109,809	109,809	70,211
Total expenditure				109,809	109,809	70,211
Net movements in	funds			(30,256)	(30,256)	15,040
Reconciliation of	funds
Total funds brought	forward			264,847	264,847	249,807
Total funds carried	forward			234,591	234,591	264,847

			2023	2023	2022
		Note
Fixed assets
Tangible assets				1,285,690		1,312,243
Current assets
Debtors			604		333
Cash at bank and	in hand		8,290		27,272
			8,894		27,605
Creditors: Amounts		falling due within
one year		10	(37,844)		(32,676)
Net current liabilities				(28,950)		(5,071)
Total assets less	current liabilities			1,256,740		1,307,172
Creditors: Amounts		falling due after
more than one year		11		(1,022,149)		(1,042,325)
Net assets				234,591		264,847
The funds ofthe	charity:
Unrestricted funds
Unrestricted income funds				234,591		264,847
Totalcharityfunds				234,591		254,542
For the financial year		ended 31 August 2023, the charity was entitled		to exemption	from audit under	section 477
ofthe Companies	Act	2006.

		2023	2022
		6
Net cash provided by (used by) operating Net (expenditure)/income forthe period Depreciation charges (Increase)/decrease in debtors Increase/(decrease) in creditors	activities	(30,256) 26,553 (271) 273 (3,701)	15,040 26,553 176 (13,042) 28,727
Net cash provided by (used in) financing Repayment ofborrowings	activities	(15,281) (15,281)	(21,232) (21,232)
(Decrease)/increase in cash		~[18,982	7,495

			Unrestricted	Total Funds	TotalFunds
			Funds	2023 f	2022
Donations	and	legacies
Amortisation	of	housing scheme grants	13,042	13,042	13,042

		Unrestricted	Total Funds	Total Funds
		Funds	2023	2022
				8
Other	income	1,088	1,088	739
Rental	income	65,423	65,423	71,470
		66,511	66,511	72,209

			Affordable housing	Total 2023	Total 2022
Direct costs
Insurance			397	397	176
Repairs and	maintenance		35,327	35,327	12,224
Management	charges payable		9,896	9,896	9,278
Legal and professional		fees			744
			45,620	45,620	22,422
Supportcosts
Sundry expenses			1,200	1,200	1,106
Accountancy	fees		1,145	1,145	960
Independent	examiner's	fee	600	600	600
Bank charges			110	110	97
Loan interest			34,581	34,581	18,473
Depreciation	offreehold	property	26,553	26,553	26,553
			64,189	64,189	47,789
			109,809	109,809	70,211

			2023	2022
Accountancy	fees		1,145	960
Independent	examiner's	fee	600	600
Management	charges payable		9,896	9,278
Legal and professional		fees		744
			11,641	11,582

			2023	2022
			6
Bank loans and overdraits			8,334	16,481
Trade creditors			4,108	1,515
Accruals and deferred	income		25,402	14,680
			37,844	32,676
Creditors amounts falling due within one year includes the following		liabilities,	on which	security has been
given by the charity:
		2023		2022
			6
Bank loans and overdrafts			8,334	16,481
Creditors: Amounts	falling due after more than one year
		2023		2022
Bank loans and overdrafts			525,981	533,115
Accruals and deferred	income		496,168	509,210
		1,022,149		1,042,325

				2023	2022
Bank	loans	and	overdrafts	525,981	533,115

			At 1
			September 2022	Incoming rasoul'ces	Resources expended	At 31 August 2023
GeneralFunds Unrestricted income		fund	264,847	79,553	(109,809)	234,591

....continued
Prior period
		A11 September 2021		Incoming resources	Resources expended	At 31 August 2022
General Funds
Unrestricted income	fund		248807	85,251 ~470,211		284847,
Net assets by fund
			Unrestricted		TotalFunds	Total Funds
			Funds		2023	2022
					f	f
Tangible assets			1,285,690		1,285,690	1,312,243
Current assets				8,894	8,894	27,605
Creditors: Amounts	falling due within one year			(37,844)	(37,844)	(32,676)
Creditors: Amounts	falling due after more than
one year			(1,022,149)		(1,022,149)	(1,042,325)
Net assets			234,591		234,591	264,847
Prior period
			Unrestricted		TotalFunds	Total Funds
			Funds		2022	2021
				f	f
Tangible assets				1,312,243	1,312,243	1,338,796
Current assets				27,605	27,605	20,286
Creditors: Amounts	falling due within one year			(32,676)	(32,676)	(38,737)
Creditors: Amounts year	falling due after more than	one	(1,042,325)		(1,042,325)	(1,070,538)
Net assets				21I4,847	21!4,847	249,807