## **REPORT OF THE DIRECTORS AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **FOR**
**THE TREEHOUSE TRUST**
**THE TREEHOUSE TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
||**Page**|
|---|---|
|**Company Information**|1|
|**Report of the Directors**|2|
|**Income Statement**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|6|
|**Detailed Income and Expenditure Account**|9|
**THE TREEHOUSE TRUST**
## **COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2023**
## **DIRECTORS:**
Mr T Hirst Ms J Randle Ms A E Robertson Mr C Clare Ms J Clare
## **REGISTERED OFFICE:**
37 Wallingford Road Cholsey Wallingford Oxfordshire OX10 9LG
**REGISTERED NUMBER:** 07655828 (England and Wales)
## **ACCOUNTANTS:**
David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS
Page 1
**THE TREEHOUSE TRUST**
## **REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2023**
The directors present their report with the financial statements of the company for the year ended 31 March 2023.
## **DIRECTORS**
The directors shown below have held office during the whole of the period from 1 April 2022 to the date of this report.
Mr T Hirst Ms J Randle Ms A E Robertson Mr C Clare Ms J Clare
Other changes in directors holding office are as follows:
Ms J Readings ceased to be a director after 31 March 2023 but prior to the date of this report.
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
## **ON BEHALF OF THE BOARD:**
Mr T Hirst - Director
17 December 2023
Page 2
## **THE TREEHOUSE TRUST**
## **INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2023**
|Notes
**TURNOVER**
Cost of sales
**GROSS SURPLUS**
Administrative expenses
Other operating income
**OPERATING SURPLUS and**
**SURPLUS BEFORE TAXATION**
Tax on surplus
**SURPLUS FOR THE FINANCIAL**
**YEAR**|**31.3.23**
**£**
**19,203**
**(12,095)**
**7,108**
**(60,268)**
**(53,160)**
**74,128**
**20,968**
**-**
**20,968**|31.3.22
£
17,127
(12,187)
4,940
(53,044)
(48,104)
61,988
13,884
-
13,884|
|---|---|---|
The notes form part of these financial statements
Page 3
## **THE TREEHOUSE TRUST (REGISTERED NUMBER: 07655828)**
## **BALANCE SHEET 31 MARCH 2023**
|Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Stocks
Cash at bank
**CREDITORS**
Amounts falling due within one year 6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**RESERVES**
Income and expenditure account|**31.3.23**
**£**
**190,333**
**300**
**23,296**
**23,596**
**(142)**
**23,454**
**213,787**
**213,787**
**213,787**|31.3.22
£
180,653
300
12,516
12,816
(650)
12,166
192,819
192,819
192,819|
|---|---|---|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The notes form part of these financial statements
continued...
Page 4
## **THE TREEHOUSE TRUST (REGISTERED NUMBER: 07655828)**
## **BALANCE SHEET - continued 31 MARCH 2023**
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2023 and were signed on its behalf by:
Mr T Hirst - Director
The notes form part of these financial statements
Page 5
**THE TREEHOUSE TRUST**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## 1. **STATUTORY INFORMATION**
The Treehouse Trust is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
## 2. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided Plant and machinery etc - 25% on reducing balance
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
## 3. **EMPLOYEES AND DIRECTORS**
The average number of employees during the year was 4 (2022 - 4).
continued...
Page 6
**THE TREEHOUSE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## 4. **OPERATING SURPLUS**
The operating surplus is stated after charging:
|Depreciation - owned assets
5.
**TANGIBLE FIXED ASSETS**
**Land and**
**buildings**
**£**
**COST**
At 1 April 2022
**179,121**
Additions
**10,063**
At 31 March 2023
**189,184**
**DEPRECIATION**
At 1 April 2022
**-**
Charge for year
**-**
At 31 March 2023
**-**
**NET BOOK VALUE**
At 31 March 2023
**189,184**
At 31 March 2022
179,121
6.
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**
**YEAR**
Trade creditors
Other creditors|**31.3.23**
**£**
**383**
**Plant and**
**machinery**
**etc**
**£**
**16,618**
**-**
**16,618**
**15,086**
**383**
**15,469**
**1,149**
1,532
**31.3.23**
**£**
**1**
**141**
**142**|31.3.22
£
511
**Totals**
**£**
**195,739**
**10,063**
**205,802**
**15,086**
**383**
**15,469**
**190,333**
180,653
31.3.22
£
2
648
650|
|---|---|---|
## 5. **TANGIBLE FIXED ASSETS**
continued...
Page 7
**THE TREEHOUSE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## 7. **ULTIMATE CONTROLLING PARTY**
The controlling party and the ultimate controlling party are not known.
The company is Limited by Guarantee so there are no shareholders and no persons with significant control.
Page 8
## **THE TREEHOUSE TRUST**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023**
|**Sales**
**Cost of sales**
Opening stock
Purchases
Closing stock
**GROSS SURPLUS**
**Other income**
Fundraising
Donations received
Ancillary income
Costs re non trade income
Gift Aid
**Expenditure**
Rent
Light and heat
Employees and freelancers
Pensions
Telephone, internet etc
Post and stationery
Motor expenses
Licences and insurance
Training, books, etc
Repairs and renewals
Household and cleaning
Sundry expenses
Accountancy
Professional fees
Subscriptions
Depreciation of tangible fixed assets
Carried forward|**31.3.23**
**£**
**300**
**12,095**
**12,395**
**(300)**
**12,686**
**15,423**
**57,492**
**(11,473)**
**-**
**3,364**
**3,679**
**42,162**
**2,101**
**533**
**11**
**553**
**2,678**
**1,774**
**249**
**643**
**(1)**
**627**
**407**
**133**
**58,913**|**£**
**19,203**
**12,095**
**7,108**
**74,128**
**81,236**
**81,236**|31.3.22
£
300
12,187
12,487
(300)
12,711
24,878
31,397
(10,243)
3,245
-
2,527
41,245
620
1,274
-
724
3,968
44
197
532
304
648
450
-
52,533|£
17,127
12,187
4,940
61,988
66,928
66,928|
|---|---|---|---|---|
This page does not form part of the statutory financial statements
Page 9
## **THE TREEHOUSE TRUST**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023**
**----- Start of picture text -----**
31.3.23 31.3.22
£ £ £ £
Brought forward 58,913 81,236 52,533 66,928
Motor vehicles 160 214
Computer equipment 223 297
59,296 53,044
21,940 13,884
Finance costs
Bank charges 704 -
Credit card 268 -
972 -
NET SURPLUS 20,968 13,884
**----- End of picture text -----**
This page does not form part of the statutory financial statements
Page 10