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2023-03-31-accounts

Audlem and District Community Action

A Charity and a Company Limited by Guarantee

Trustees’ Report and Financial Statements

For the year ended

31[st] March 2023

Audlem and District Community Action

Annual Report & Accounts 2023

This 12[th] Annual Report of the Trustees includes the financial statements for the year ended 31st March 2023. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the SORP 2015 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Index Page
Trustees Report
Reference and administrative information 1
Structure, governance and management 2-3
Objectives and activities 3-5
Achievements and performance 5-6
Financial review 6
Future Direction and Plans of Organisation 7
Independent Examiners’ Report to the Members of
Audlem and District Community Action 8
Statement of Financial Activities 9
Balance Sheet 10-11
Notes to the Financial Statements 12-17

Audlem and District Community Action Trustees Report for the year ended 31[st] March 2023

The Trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements for the year ended 31[st] March 2023.

Reference and administrative information

Trustees (also Directors) J Tilling
F M Christie
R Millns
C Knibbs
P Lloyd Resigned 21stOctober 2022
K Fedouloff
G Clarke
L Matthews
P D Murray Resigned 31stMarch 2023
S Hodgkins
G Cliffe
Appointed 24thFebruary 2023
Secretary K Fedouloff
Registered Charity Number 1144074
Company Registration Number 07547410
Registered in England & Wales
Registered Office Burr Cleft Barn
9 Wilkesley Croft
Heywood Lane
Wilkesley
Whitchurch SY13 4DA
Accountants Bradshaws Limited
Charter Court
2 Well House Barns
Chester Road, Bretton
Chester CH4 0DH
Business Address Burr Cleft Barn
9 Wilkesley Croft
Heywood Lane
Wilkesley
Whitchurch SY13 4DA
Bankers: The Co-Operative Bank
PO Box 250
Business Direct
Skelmersdale
England WN8 6WT

-1-

Audlem and District Community Action Trustees Report for the year ended 31[st] March 2023 (cont’d)

Structure, Governance and Management

Governing Document

The governing document of the Charity which is a company limited by guarantee is the Memorandum and Articles of Association of the company which was incorporated 1[st] March 2011.

Statement of trustees' responsibilities

The trustees (who are also directors of Audlem and District Community Action for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Recruitment and Training of Trustees

The Charity’s elected trustees are appointed at the Annual Meeting of the Charity on the basis of nominations received from the Executive Committee to the Charity’s specification concerning eligibility, personal competence, specialist skills and local availability. New Trustees are inducted into the workings of the Charity including Policy and Operational Procedures.

-2-

Audlem and District Community Action Trustees Report for the year ended 31[st] March 2023 (cont’d)

Organisational Management

The appointed and elected Trustees of the Charity are legally responsible for the overall management and control of the Charity. The members of the Board who meet on a minimum of four occasions annually carry out the work of implementing most of their policies including approving the budgets and finalising the Financial Accounts and Trustees report for approval by the annual meeting of the Board of Trustees. The Board works under the chairmanship of the Chair of the Charity.

The day to day running of the Charity is delegated to the Development Co-ordinator who reports to the Chairman. The Development Co-ordinator reports to the Board at their quarterly meetings.

Risk Management

A formal review of the Charity’s risk management processes is undertaken on an annual basis.

The key controls used by the Charity include:

Systems of internal control include:

Through the risk management processes established for the Charity, the Trustees are satisfied that the major risks identified have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately safeguarded against material mismanagement or loss.

Objectives and Activities

Charitable Objects

The charity’s objects shall be:

-3-

Audlem and District Community Action Trustees Report for the year ended 31[st] March 2023 (cont’d)

Charitable Objects (Continued)

Aims and intended impact

We are an equal opportunity organisation and are committed to a working environment that is free from any form of discrimination on the grounds of colour, race, ethnicity, religion, sex, sexual orientation or disability. We will make reasonable adjustments to meet the needs of staff or vulnerable adults who use our services who are or become disabled or frail. As such our entire function is to provide benefit to all such members of the public.

Our overall aim is to provide physical and mental stimulation, social activity and support to older people and their carers so as to promote people’s social inclusion and independence within their own homes and local community.

Statement of Public Benefit

The activities of the charity are detailed in this report and they are beneficial in improving the overall health and well-being of people in the Audlem area aged over 50, including carers, through a programme of early intervention and prevention. These activities include physical exercise, social interaction, mental stimulation and nutritious meals, aiming to combat in particular social isolation, loneliness and depression, as well as improving physical and mental health.

The Audlem area has a very high level of residents living in isolated rural communities, with 66.4% of residents in this category. In addition, 30% of residents in the Audlem area are aged over 65, so the benefits from ADCA’s services are available to a significant section of the public locally. These services are open and advertised widely and frequently to the public throughout the area, as well as by word of mouth.

In pursuing the Objects of the charity, ADCA’s Trustees have due regard to the Charity Commission’s public benefit guidance when exercising any powers or duties to which the guidance is relevant, including supplementary public benefit guidance on fee-charging.

-4-

Audlem and District Community Action Trustees Report for the year ended 31[st] March 2023 (cont’d)

Achievements and Performance

This year was one in which ADCA continued to recover from the pandemic and to aim to support the increased number of members and carers who use our services.

This approach was splendidly exemplified by the magnificent Platinum Jubilee Celebrations we held in the Town Hall in June 2022. 120 people of all ages from 8 to 96 enjoyed a marvellous afternoon tea along with performances by Audlem Voices, Audlem Brownies and Audlem Youth Theatre. The whole event was live streamed and recorded for posterity. Thanks go to all the staff and volunteers who organised the event and to Cheshire Community Foundation who funded it.

When ADCA started in 2011, our members were in the 70s and early 80s. Now we have several members in their 90s with several currently aiming for that milestone. This just goes to show how friendly, social activity along with excellent food (continued thanks to Helen and Jayne for this) certainly keeps people going. Similarly with our excellent volunteers who now number 45, including the ADCA Trustees who work hard behind the scenes in a number of vital roles.

During the year, we said goodbye to Phil Lloyd, our Vice-Chair and former Treasurer as he and Helen moved away to be nearer family. He will be greatly missed given his hard work in just about every area of ADCA’s activity. Peter Murray, our Treasurer, also stood down at the year-end after two years of stalwart service. We have been fortunate in welcoming Gary Cliffe as our new Treasurer. His experience in the voluntary sector organisations is already proving to be very valuable.

Alongside our regular clubs in Audlem, Hankelow and Broomhall & Sound we also launched during the year our new Thursday Club for people living with dementia and their carers, with funding from Cheshire East Council which was based on a joint bid with Nantwich Thursday Club which runs a similar service. This has been a real success and thanks go to staff members Laura and Deb and the seven new volunteers who run it.

Our Medical Transport Services continues to be an important part of ADCA’s services and has been sustained by Trustee, Sue Hodgins, ably assisted by new volunteer Phil[omena] Dolan and a faithful band of voluntary drivers. It now includes prescription collection as well as taking up to 15 people each month to GP and local hospital appointments.

Our Community Services Manager, Tracey, also started a successful Walking Netball club in the Town Hall which has brought women and men of all ages, including carers, to join in.

As ever, we continue to be grateful to all our funders, including Cheshire East Council, Cheshire Community Foundation, Police and Crime Commissioner, Masonic Charity Foundation, Coop Community Fund, Hatherton Parish Council and Audlem Charity Shop.

The funding highlight of the year was undoubtedly the receipt of a three-year Reaching Communities Lottery Grant from October 2022, which now provides about 50% of our total funding, thus securing ADCA’s future for several years ahead. We achieved this through a partnership bid with Overwater Wheelyboat Services, Broad Lane Coffee Club and The Wingate Centre in Wrenbury.

We are also very grateful for the continued support given to ADCA by the Public Hall Committee, who have supported us throughout the ups and downs of the last three years. We have them to thank for the continued excellence of the accommodation we use.

Our own charity fundraising continues to be vital. Thanks to Geof Clarke and his team, we had a successful Race Night, a Craft Fair and a Weekly Prize Draw, not only raising much needed funds but also enjoyably raising ADCA’s profile, leading to recruitment of several new volunteers.

During the pandemic, we developed a small database as a means of keeping track of over 300 people who were using our Home Support Service and 80 or so volunteers. We recognised that this was not fit for purpose and the Committee decided to commission a new database which would be fully

- 5 -

Audlem and District Community Action Trustees Report for the year ended 31[st] March 2023 (cont’d)

Achievements and Performance Continued

compliant with data protection needs. We have been fortunate in recruiting Jonathan Taylor to undertake this work, which is now well on the way to completion. It will fully meet ADCA’s operational needs while also ensuring data protection.

It has been a busy year for ADCA as we have welcomed new members, carers and volunteers, whilest others have retired from their roles. Of particular note has been the increasing amount of individual support and advice which our staff and volunteers give to people who are experiencing challenges and changes in their lives. This now includes advocacy for carers and members in their dealings with statutory or other organisations

Financial Review

Incoming resources

During the year the charity received income of £69,076 (2022: £69,012). There was restricted income during the year of £20,750. A significant proportion of this income came from grants to help to support our work. During the year we were awarded a National Lottery Reaching Communities Grant of £55,000 payable per annum, paid quarterly which started this year. This is to be shared with other local Charities. At the end of the year we received a £12,310 restricted grant from Cheshire East Health & Wellbeing Grant for Dementia activity. The Medical Transport Service showed income of £1,136 (2022: £1,422) and also benefited from a generous grant from the Audlem Charity Shop to help run this valuable service.

The various other forms of income in the year were donations £6,355 (2022: £6,136) and fundraising £9,273 (2022: £13,019).

Resources expended

The expenditure in the year totaled £98,337 (2022: £65,113) of which the majority, £56,438 (2022: £36,203) was spent on salaries. The charity had five employees during the year. There was restricted expenditure in the year of £8,397 (2022: £706) of which related to the shared National Lottery Reaching Communities Grant and the Comfort Fund.

Reserves Policy

The Management Committee has examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be satisfactory to meet the charity’s contractual obligations over and above normal trading.

The long term strategy is to build reserves through planned operating surpluses. These would serve as a contingency against future funding reductions and increases in the demand for the Charity’s services.

The Charity’s Management Committee agreed to set its target reserve level at £36,000. The free reserves at the 31st March 2023 of £34,590 (2022: £36,823) were £1,410 below the agreed level.

Investment Policy

The Investment policy adopted by the Trustees is to maintain a high standard of the assets of the Charity and implement a programme of continual development to optimise their use in line with the Charity’s objectives.

- 6 -

Audlem and District Community Action Trustees Report for the year ended 31[st] March 2023 (cont’d)

Future Direction and Plans Of The Organisation

Partnership working with a range of local voluntary groups remains very important to ADCA, as does the need to recruit new volunteers and support our existing ones.

Similarly, we continue to need to find people with experience of health, social care or running businesses or charities to become trustees, especially to take on active leading roles so as to enable long service trustees to step back a bit!

Our overall aim now has to be to consolidate the range of services we offer. In particular, we need to consolidate our work with people affected by dementia, including leading on achieving ‘Dementia Friendly’ status for Audlem.

Finally, we must continue to work on ensuring our organisational processes and systems work effectively, efficiently and safely - including our new Database and our Human Resources and Financial processes.

Reporting Accountants

A resolution will be proposed for the re-appointment of Bradshaws Limited, Chartered Accountants and Registered Auditors of Chester as the Independent Examiners.

Bankers

The bankers to the Trustees remain as The Co-operative Bank

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Declaration

I declare, in my capacity as charity trustee, that: -

Roger Millns Chairman

-7-

Independent Examiner's Report to the Trustees of Audlem and District Community Action

I report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2023 which are set out on pages 9 to 17.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are 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 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 your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

  1. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  2. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  3. the accounts do not accord with those records; or

  4. 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

  5. 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)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Andrew J Bradshaw, FCA, For and behalf of Bradshaws Limited, Chartered Accountants

22[nd] September 2023

Charter Court 2 Well House Barns Chester Road Bretton Chester CH4 0DH

-8-

Audlem and District Community Action

Statement of Financial Activities

(including income expenditure account) for the year ended 31[st] March 2023

2023
2022
Notes
Unrestricted
Funds
Restricted
Funds
Total
Unrestricted
Funds
Restricted
Funds
£
£
£
£
£
Income:
Incoming resources:
Charitable Activities
3
69,076
20,750
89,826
69,012
1,158
Investments
4
55
-
55
16
-
Awards for All
-
-
-
-
-
_


_

Total
69,131
20,750
89,881
69,028
1,158
Expenditure on:
Charitable activities
5
89,940
8,397
98,337
64,407
706

_


_
Total
89,440
8,397
98,337
64,407
706


_


Net income / (expenditure)
(20,809)
12,353
(8,456)
4,621
452
Reconciliation of funds
Total funds brought forward
56,577
1,298
57,875
51,956
846
_


_
___
Total funds carried forward
35,768
13,651
49,419
56,577
1,298
Total
£
70,170
16
-
_
70,186
65,113

65,113
__
5,073
52,802
_____
57,875

-9-

The notes on pages 9 to 17 form an integral part of these financial statements

Audlem and District Community Action

Balance Sheet

As at 31[st] March 2023

Notes
Fixed Assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
11
Creditors falling due within one year
12
Net current assets
Net assets
The funds of the Charity
Unrestricted income funds
13
Restricted funds
14
Total Charity funds
2023
£
910
51,698
_
52,608
4,366

4,366
___
£
1,177
48,242
_
49,419
35,768
13,651
___
49,419
2022
£
£
890
980
67,965
_
68,945
11,960

11,960

56,985
__
57,875
56,577
1,298
_____
57,875
2022
£
£
890
980
67,965
_
68,945
11,960

11,960

56,985
__
57,875
56,577
1,298
_____
57,875
56,577
1,298
_____
57,875

The directors’ statements required by Section 475(2) and (3) are shown on the following page which forms part of this Balance Sheet

-10-

The notes on pages 9 to 17 form an integral part of these financial statements

Audlem and District Community Action

Balance sheet (cont’d)

for the year ended 31[st] March 2023

In approving these financial statements as trustees of the company we hereby confirm:

(a) that for the year stated above the company was entitled to the exemption conferred by Section 477 of the Companies Act 2006 ;

(b) that no notice has been deposited at the registered office of the company pursuant to Section 476 requesting that an independent examination be conducted for the year ended 31[st] March 2023 and

(c) that we acknowledge our responsibilities for:

(1) ensuring that the company keeps accounting records which comply with Section 386, and

(2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the requirements of Section 393 and which otherwise comply with the provisions of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the board on 22[nd] September 2023 and signed on its behalf by

R Millns G Cliffe Trustee Trustee

Company Registration Number: 07547410

-11-

The notes on pages 9 to 17 form an integral part of these financial statements

Audlem and District Community Action

Notes to the Financial Statements

for the year ended 31[st] March 2023

1. Accounting policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.

1.1. Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no uncertainties about the Trust’s ability to continue as a going concern over the next twelve months.

Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the Trustees have considered whether in applying the accounting policies required by FRS 102 and whether the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were required.

1.2. Fund accounting

Funds held by the Charity are:

Unrestricted general funds – General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Grant fund – these are funds set aside by the Trustees out of unrestricted general funds for specific future purposes or projects

Restricted Funds – these are funds held on behalf of and for the benefit of the members of the Charity.

1.3 Incoming resources

All incoming resources are included in the SOFA when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1.4 Grants payable and receivable

All grants are accounted for gross when receivable. Grants payable are recognised as expenditure when the commitment is entered into.

1.5. Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.

-12-

Audlem and District Community Action

Notes to the Financial Statements (cont’d)

for the year ended 31[st] March 2023

1.6 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 extent 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 which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

2. Cashflow statement

The Charity is exempt from the requirement to prepare a cashflow statement because it is a small Charity.

2022
Unrestricted
Funds
Restricted
Funds
Total
Unrestricted
Funds
Restricted
Funds

£
£
£
£
£
3
Income from Charitable
activities
Grants received
14,513
12,310
26,823
36,060
-
National Lottery Reaching
Communities
20,500
7,000
27,500
-
-
Day Clubs
14,734
-
14,734
11,620
-
Coffee Club
1,787
-
1,787
-
-
Befriending
530
-
530
-
-
Medical Transport Service
1,136
-
1,136
1,422
-
Comfort Fund
-
1,440
1,440
-
1,158
Donations
6,355
-
6,355
6,136
-
Cowpat Competition
-
-
-
-
-
Other Fundraising
9,273
-
9,273
13,019
-
Other Income
248
-
248
252
-
Home Support Service
-
-
-
503
-
__
_


___
69,076
20,750
89,826
69,012
1,158
2023
Total
£
36,060
-
11,620
-
-
1,422
1,158
6,136
-
13,019
252
503
______
70,170

4 Investment income

Bank interest 55 - 55 16 - 16

-13-

Audlem and District Community Action

Notes to the Financial Statements (cont’d)

for the year ended 31[st] March 2023

2023
Unrestricted
Funds
Restricted
Funds
5
Cost of charitable activities
£
£
Salaries
56,438
-

National Lottery Reaching
Communities: Shared
-
7,000
HMRC Job Retention Scheme
-
-
Employers Pension
contribution
1,336
-
Food costs
6,113
-
Medical Transport Service
513
-
Insurance
396
-
Rent
8,180
-
Administration
1,782
-
DBS checks
328
-
Comfort Fund Expenses
-
1,397
Training
26
-
Fundraising Costs
6,531
-
Befriending
79
-
Carers
980
-
Day Club Others
949
-
Transport Day Club
722
-
Activities & equipment
1,116
-
Independent examiner's fee
500
Depreciation
794
-
Competition Prizes
696
-
Computer costs
420
-
Other expenditure
2,041
-
10 year Celebration costs
-
-
__
____

89,940
8,397
2022
Total
Unrestricted
Funds
Restricted
Funds
£
£
£
56,438
36,203
-

7,000
-
-
-
-
-
1,336
977
-
6,113
3,029
-
513
1,279
-
396
392
-
8,180
8,242
-
1,782
1,600
-
328
180
-
-
-
706
26
48
-
6,531
7,255
-
79
88
-
980
277
-
949
580
-
722
902
-
1,116
268
-
500
-
-
794
587
-
696
-
-
420
-
-
2,041
1,347
-
-
1,153
-
__
_
___

98,337
64,407
706
Total
£
36,203
-
-
977
3,029
1,279
392
8,242
1,600
180
706
48
7,255
88
277
580
902
268
-
587
-
-
1,347
1,153
______
65,113

6 Staff numbers and costs

Five (2022: Five) part time staff were employed during the year. The key management personnel of the charity comprises the Development Coordinator. The total employee benefits of the key management personnel of the Trust were £13,076 (2022: £12,802). No employee of the charity received emoluments of more than £60,000 (2022: none).

Staff costs

Wages
Pension
2023
£
56,438
1,336
______
57,774
2022
£
36,203
977
______
37,180

-14-

Audlem and District Community Action

Notes to the Financial Statements (cont’d)

for the year ended 31[st] March 2023

7 Trustees’ remuneration and expenses

None of the Trustees received any remuneration for services to the Charity. The Trustees did claim expenses incurred on behalf of the Charity.

8 Taxation

The Charity's activities fall within the exemptions afforded by the provisions of the Corporation Tax Act 2010. Accordingly, there is no taxation charge in these accounts.

9
Tangible fixed assets
Fixtures,
Fittings
and
Equipment
Cost
£
At 1st April 2022
2,925
Additions during the period
1,081
_
At 31stMarch 2023
4,006
Depreciation
At 1st April 2022
2,035
Charge for the period
793

At 31stMarch 2023
2,828
Net book value
At 31stMarch 2023
1,178
At 31stMarch 2022
890
Total
2023
10
Debtors
£
Other Debtors
500
Prepayments
410
___
910
Total
2023
11
Cash at bank and in hand
£
Bank accounts
51,698


Total
2022
£
2,545
380
_____
2,925

1,448
587
_____
2035
890
1,097

_

Total
2022
£
-
980
_____
980
Total
2022
£
67,965

-15-

Audlem and District Community Action

Notes to the Financial Statements (cont’d)

for the year ended 31[st] March 2023

Total Total
2023 2022
£ £
12 Creditors
Accruals 450 1,700
Social Security Costs 65 -
Other Creditors 500 10,126
Pension 786 134
Wages 2,565
_____ _____
4,366 11,960
13 Analysis of net assets between General Designated Restricted Total
funds fund Funds Funds Funds
£ £ £ £
Fund balances at 31stMarch 2023
Are represented by:
Fixed Assets 1,177 - - 1,177
Current assets 38,957 - 13,651 52,608
Less:Current liabilities (4,366) - - (4,366)
______ ______ ______ ______
35,768 - 13,651 49,419
14 Restricted funds Opening Net Transfers Closing
Balance Incoming Balance
Resources
£ £ £ £
Comfort fund 1,298 43 - 1,341
Cheshire East Health &
Wellbeing Grant - 12,310 - 12,310
______ ______ ______ ______
1,298 12,353 - 13,651

15 Capital commitments

There were no capital commitments authorised or contracted for at the year-end.

16 Control

The Charity is under the control of the Trustees.

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Audlem and District Community Action

Notes to the Financial Statements (cont’d)

for the year ended 31[st] March 2023

17 Company limited by guarantee

Audlem and District Community Action is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

18. Financial Instrument

The Charity has financed their working capital requirement through its own fund raising activity during the year and historic Revenue Reserves. Under Section 11 of FRS 102 this will be the present value of the cash holding.

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