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2023-02-28-accounts
| Offices at: |
|
| SHREWSBURY |
Tel: (01743) 241581 |
| LUDLOW |
Tel: (01584) 875715 |
| NEWTOWN |
Tel: (01686) 626534 |
| WREXHAM |
Tel: (01978) 310600 |
| KNIGHTON |
Tel: (01547) 328383 |
|
|
Page |
|
| Report of the Trustees |
1 |
to |
3 |
| Independent Examiner's Report |
|
4 |
|
| Statement of Financial Activities |
|
5 |
|
| Balance Sheet |
6 |
to |
7 |
| Notes to the Financial Statements |
8 |
to |
1 3 |
| Detailed Statement of Financial Activities |
|
14 |
|
|
|
28.2.23 |
28.2.22 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
|
|
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Donations and legacies |
2 |
168,114 |
156,418 |
| Investment income |
3 |
20 |
2 |
| Total |
|
168,134 |
156,420 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
4 |
152,352 |
142,162 |
| Other |
|
228 |
304 |
| Total |
|
152,580 |
142,466 |
| NET INCOME |
|
15,554 |
13,954 |
| RECONCILIATION OF FUNDS |
|
|
|
| Total funds brought forward |
|
62,446 |
48,492 |
| TOTAL FUNDS CARRIED FORWARD |
|
78,000 |
62,446 |
|
|
28.2.23 |
28.2.22 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
|
|
| FIXED ASSETS |
|
|
|
| Tangible assets |
7 |
685 |
913 |
| Investments |
8 |
1 |
|
|
|
686 |
914 |
| CURRENT ASSETS |
|
|
|
| Debtors |
9 |
112,636 |
102,255 |
| Cash at bank |
|
116,750 |
101,146 |
|
|
229,386 |
203,401 |
| CREDITORS |
|
|
|
| Amounts falling due within one year |
10 |
(152,072) |
(141,869) |
| NET CURRENT ASSETS |
|
77,314 |
61,532 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
| LIABILITIES |
|
78,000 |
62,446 |
| NET ASSETS/(LIABILITIES) |
|
78,000 |
62,446 |
| FUNDS |
11 |
|
|
| Unrestricted funds |
|
78,000 |
62,446 |
| TOTAL FUNDS |
|
78,000 |
62,446 |
|
|
28.2.23 |
28.2.22 |
|
Donations |
126,596 |
125,069 |
|
Gift Aid receivable |
41,518 |
31,349 |
|
|
168,114 |
156,418 |
| 3. |
INVESTMENT INCOME |
|
|
|
|
28.2.23 |
28.2.22 |
|
Investment income |
20 |
2 |
| 4. |
RAISING FUNDS |
|
|
|
Costs of raising funds |
28.2.23 |
28.2.22 |
|
Bank charges |
216 |
216 |
|
Governance costs |
|
|
|
Independent examination fee |
2,136 |
2,046 |
|
Donations payable to NMA |
150.000 |
139.900 |
|
|
152.352−_— |
—142−462 |
| TANGIBLE FIXED ASSETS |
|
|
Plant and |
|
machinery |
| COST |
|
| At 1 March 2022 and 28 February 2023 |
2,884 |
| DEPRECIATION |
|
| At 1 March 2022 |
1,971 |
| Charge for year |
228 |
| At 28 February 2023 |
2,199 |
| NET BOOK VALUE |
|
| At 28 February 2023 |
685 |
| At 28 February 2022 |
913 |
| FIXED ASSET INVESTMENTS |
|
|
|
Shares |
in |
|
group |
|
|
undertakings |
|
| MARKET VALUE |
|
|
| At 1 March 2022 and 28 February 2023 |
|
1 |
| NET BOOK VALUE |
|
|
| At 28 February 2023 |
|
1 |
| At 28 February 2022 |
|
1 |
|
28.2.23 |
28.2.22 |
| Turnover |
115,219 |
104,645 |
| Cost o f sales |
(48,822) |
(44,299) |
| 8. |
|
FIXED ASSET INVEST |
MENTS −continued |
|
|
|
|
|
Distribution costs |
|
|
(12,062) |
(13,137) |
|
|
Administrative expenses
Depreciation |
|
|
(12,798)
(19) |
(15,838)
(22) |
|
|
Gifted to Ride to the Wall |
|
|
(41,518) |
(31,349) |
|
|
Net profit |
|
|
|
|
|
|
The assets and liabilities o f the subsidiary were: |
|
|
|
|
|
|
|
|
|
28.2.23 |
28.2.22 |
|
|
Fixed assets |
|
|
109 |
128 |
|
|
Current assets |
|
|
90,557 |
79,979 |
|
|
Creditors: Amounts falling |
due within one year |
|
(90,665) |
(80,106) |
|
|
Net assets |
|
|
1 |
1 |
|
|
Shareholder's fund |
|
|
1 |
1 |
| 9. |
|
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
|
28.2.23 |
28.2.22 |
|
|
Trade debtors |
|
|
112,636 |
102,255 |
| 10. |
|
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
|
28.2.23 |
28.2.22 |
|
|
Trade creditors |
|
|
152,072 |
141,869 |
| 11. |
|
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
|
movement |
At |
|
|
|
|
At 1.3.22 |
in funds |
28.2.23 |
|
|
Unrestricted funds |
|
|
|
|
|
− |
General fund |
|
62,446 |
15,554 |
78,000 |
|
|
TOTAL FUNDS |
|
62,446 |
15,554 |
78,000 |
|
|
Net movement in funds, included in the above are as follows: |
|
|
|
|
|
|
|
|
Incoming |
Resources |
Movement |
|
|
|
|
resources |
expended |
in funds |
|
|
Unrestricted funds |
|
|
|
|
|
|
General fund |
|
168,134 |
(152,580) |
15,554 |
|
|
TOTAL FUNDS |
ikVi) |
168,134 |
(152,580) |
15,554 |
|
|
Net |
|
|
|
movement |
At |
|
At 1.3.21 |
in funds |
28.2.22 |
| Unrestricted funds |
|
|
|
| General fund |
48,492 |
13,954 |
62,446 |
| TOTAL FUNDS |
48,492 |
13,954 |
62,446 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
156,420 |
(142,466) |
13,954 |
| TOTAL FUNDS |
156,420 |
(142,466) |
13,954 |
|
|
Net |
|
|
|
movement |
At |
|
At 1.3.21 |
in funds |
28.2.23 |
| Unrestricted funds |
|
|
|
| General fund |
48,492 |
29,508 |
78,000 |
| TOTAL FUNDS |
48,492 |
29,508 |
78,000 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
324,554 |
(295,046) |
29,508 |
| TOTAL FUNDS |
324,554 |
(295,046) |
29,508 |
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 28 FEBRUARY 2023 |
|
|
|
28.2.23 |
28.2.22 |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Donations |
126,596 |
125,069 |
| Gift aid |
41,518 |
31,349 |
|
168,114 |
156,418 |
| Investment income |
|
|
| Investment income |
20 |
2 |
| Total incoming resources |
168,134 |
156,420 |
| EXPENDITURE |
|
|
| Other |
|
|
| Plant and machinery |
228 |
304 |
| Support costs |
|
|
| Management |
|
|
| Cost o f raising funds |
2,352 |
2,262 |
| Donations payable to NMA |
150,000 |
139,900 |
|
152,352 |
142,162 |
| Total resources expended |
152,580 |
142,466 |
| Net income |
15,554 |
13,954 |