REGISTERED COMPANY NUMBER: 07609851 (England and Wale81 REGISTERED CHARITY NUMBER: 1145593 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR GO PiIRPLE UMITEO Galloways Accounting 15 Wesl Strèet Brighton East Sussex BN12RL
GO PURPLE LIMITEO CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Page Report ol the Trustse8 1 to 2 Independont Exarnlnerf8 Report Ststsment of Flnanclal ActlvStles Balance Sheet Notss to the Flnanclol Ststements 8 to 10
GO PURPLE LIMITEO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report wlh the financial statements of the charity for the year ended 30 June 2024. The Iruslees have adopted the provisions of Accounting and Reporbng by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191 OBJECTIVES AND ACTIVITIES Objectives and alms The charity's objectives are.. lo advance the arts and culture lor the public benefit, in particular bul not exdusively in Haywards Heath and the wider Mid Sussex area.. and lo further such other charilable purpose5 for the public benefit as are exdusively charitable armrding lo the Laws of England and Wales as the Trustees may from time to lime determine. The charities main activities lo further the tharity's purposes for the public b8nefil are the sponsorship of local events and leading a campaign to save the Ir)cal community ntre, Clair Hall. The Trustees have referrèd to the guidan contained in the Charity's Commission's general guidan on public benefit when reviewing OLJr aims and objectives and in planning our future activities. ACHIEVEMENT AND PERFORMANCE Durin9 the year, the charty paid venue fees for local events., and it paid marketing and consukancy fees relating lo the preservation of Clair Hall. FINANCIAL REVIEW During the year, thé charity received Income of £468,068 12023.. £17,839), including 8 £170,IX(I cash donation and a £250,000 investment property donation from one ol the trustees. 11 Incurred expenditure 01 £20,04512023. £15,611), At the year énd, the charity had a b8nk balance of £162,128 12023, £7,284) and a net surplus in ils general reseNe ol £448.07012023.' £2.0471 The Iruslees do not consider it nssary to maintain re58Nes al 8 particular level since committed expenditure is minimal and the main sourcé of income is from the trusl8es, STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is incorporated under the Comp8nies Act 20CE. 11 is 8 company limited by guarantee. The charity is governed by its Memorandum and Artides, as amended by a Special Resolution dated 11 January 2012. Rècrultment and appolntment of new trustees The charity must have a minimum number of hvo Iruslees, appoinled by Ihe members via ordinary resolution al the annual general meeting. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 07609851 (England and Wales} Regl8tered Charlty number 1145593 Regl8tered office 15 Wesl Street Brighton East Sussex BN12RL PrinclpaS addre 17 Southdown Close Haywards Heath Wesl Sussex RH164JR Page 1
GO PURPLE LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 Trustses T E French M S M French (resigned 11.12 231 R E Johnson lappoinled 11.12.231 Independent Examlner Galloways Accxjunling 15 Wesl Street Brighton East Sussex BN12RL This report has been p pared in arLordanrk with the speoal prowsions of Part 15 01 the Companies Act 26 relating to sm811 CL)mpanies. Approved by order of the board of trustees on .../.2 /0,8/z.o 2 S........... and signed on its behalf by.. Fffjncth - Trust Pag6 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GO PURPLE LIMITED Independent examlnerfs report to the trustees of Go Purple Limited I'the Company,) I report lo the chanty trustees on my examination of the accounts ol the Company for the year ended 30 June 2024. Responslbllities and ba$ls of report As the charity's trustees ol the Company (and also rts directors for the purposes of company law) you are responsible for the preparation ol the acwunls in accordan with the requirements of the Companies Aci 20061'lhe 2008 AcY}. Having 5aty'sfied myself that the acu)unls of the Company are not required lo be audited under Part 16 of the 20C6 Act and are eligible for independent examination, I report in respect of my examination ol your charity's aco)unts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Arf). In carrying out my examination I have followed the Direotions given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Independent examlnerf$ statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed bo(ty. I can ojnfirm that 18m qualified lo undertake the examination because l am a member of the Institute of Chartered Accountants in England and Vvales. thich is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo beliève.. accounting reurds were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or the accounts do not accord with those re(x)rds,' or thè aco)unts do not comply with the accounting rèquirements of Section 398 of thè 20C6 Act other than any requirement that the accounts give a true end fair view which is not a matter considered as part of an independent ex8minalion', or the accnunts have not been prepared in acc£)rdanee with the methods and prineApl8s of the Slalemenl of Recommended Practice for 8CC£sunling and reporting by charities (applicable lo Charities preparing thèir accounts in accordance wth the Financ4al Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}1 I have no concems and have come auoss no other matters In connection with the examination to which 8ttenlion should be drawn in this report in order to en8ble a propèr understanding ol the accounts to be reached. Colin Young Bsc FCA Thè Inslilule of Ch8rtered Accountants in England and Wales Galloways Accnunling 15 West Street Brighton East Sussex 8N12RL Dale,, Page 3
GO PURPLE LIMITED STATEMENT OF FINANCIAL ACTMTIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENOED 30 JUNE 2024 2024 Unrestricted fvnd 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 463,619 17,839 Investment income 2,449 Totsl 461068 17.839 EXPENDITURE ON Charltsble actlvltles Sponsorship Clair H811 1,465 18,580 15,347 Totsl 20,048 15,611 NET INCOME 446,023 2,228 RECONCILIA TION OF FUNDS Total funds brought forward 2,047 (1811 TOTAL FUNDS CARRIED FORWARD 448,070 2,047 The notes form part of these financial statements Page 4
GO PURPLE LIMITED BALANCE SHEET 30 JUNE 2024 2024 Unrestrlcted fund 2023 Total funds Notes FIXEDASSETS Tangible assets Investment propety 10 11 2,252 250,000 3.427 252,252 3,427 CURRENT ASSETS Debtors Cash al bank 12 45,018 162,128 422 7,284 207,148 7,706 CREDITORS Amounts falling due within one year 13 {11,328) 19,0861 NET CURRENT ASSETS 195,818 11,3801 TOTAL ASSETS LESS CURRENT LIABILITIES 448.070 2,047 NET ASSETS 448,070 2,047 FUNDS Unrestricted funds 14 448,070 2,047 TOTAL FUNDS 448,070 2.047 The charitable company is Ènlillèd lo èxemption from audit undèr Section 477 01 the Companies Act 20C6 for the year ènded 30 June 2024. The members have not required the company lo obtain an audit of its financial statements the year ended 30 June 2024 in accordan with Sectson 476 of the Companies Aci 2006. The Iruslees acknowledge their responsibilities lor lal ensuring that the charitable wmpany keeps accA)untsn9 records that CoMY with Sections 386 and 387 01 the Companies Ad 2006 and preparing financial slalements which give a true and fair view of the slate of affairs of thè charitable company as et the end of eath Financial year and ol ils surplus or defirjl for each financial year in accordan with the Tequiremenls of Sections 394 and 395 and which olherwse cornply with the requirements ol the Companies Act 2006 relating to finanaal statements, so far as applicable lo the charitable company. Ibl These financial statements have been prepare¢J in accordance wth the provisions applicable lo charitable companies subject lo the small companies regime. The financial statements were approved by Ihe Board of Trustees and aulhorised for issue and were signed on ils behalf by.. on T E French - Trustee The notes fom part of these financial statements Page 5
GO PURPLE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 30 JUNE 2024 STATUTORY INFORMATION Go Purple is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered Offi address can be found on page 1 of the Trustees. Report. The nature of the tharitys operations and its principal activib'es can be found on page 1 of the Trustees, Report. ACCOUNTING POLICIES Basls of preparlng the flnanclal Statements The financial ststemenls of the charitable company, which is a public benefit entity under FRS 102, have been prepad in accordan with the Charities SORP IFRS 102} 'Accountsng and Reporting by Charitiès.. Slalement of Reojmmènded Practice applicable to charities preparing ther 8ccounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelarid IFRS 1021 {effective 1 January 2019).. Financial Reporting Standard 102 'The Financial Rep)rtsng Standard applicable in the UK and Reptjblic of Ireland, and the Companies Ad 2. The financial statements have been prepared under thè historical cost convention. Golng concern The charity continues lo have sufficient cash to meet ils liabilities. Therefore, the Trustees are satisfied that the finanaal statements are preparèd on a going concern basis. Income A11 income is re¢ognlsed in the Slalemenl of Finan(yal Activities onts the charity has entillemenl to the ftjnds, it is probable that the income will be received and the amount can be measured Teliably. The followlng speafic poli¢ies are applied to parbcular categorbes of Income.. Donations and legaw income is received by way of donations and gifts and is includéd In full in the statement of financial activities when receivable. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that exFenditure, rt is probable Ihat a transfer of economic benefits will be required in settlement and the amount of the oblig81ion can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregat8 all cost related to the category. Wnère costs cannot be directly attnbuted lo particular hèadings lttey havè been all¢)calèd lo activity'es on a basis Gonsislenl wlh the use of SourCes. Grants offered subject lo tondilions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. Tanglblè fixèd assets Depreciation is provided al the following annual rates in order lo write off each asset over ils estimated useful P5ant and machinery 25% on cost Tangible fixed assets are slated al cost lor deemed costl or valuation less accumulated depreciation and accumuSated impairment losses, Cost indudes costs directly attributable to making the asset capable ol operats'ng a$ intended. Inve8tment property Inveslmenl property is shown 81 most recent valuation. Any aggregate surplus or deficit arising from changes in lair value is recognised in the Stslemenl of Financial Activities. Taxation The charity is exernpl from corporation lax on its charitable activities. Fund accountlng Unreslricled funds can be used in accordanc£ with the charitable objectives al the discretion ol the trustees. Donated servlces The contribution of unpaid general volunteers c2nnot be measured reliably. Therefore. the contribution of general volunteers is not included as income in the financial slalemenls. Page 6 continued...
GO PURPLE UMITED NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 30 JUNE 2024 AccouKfiNG POLICIES - contlnued Debtorn and ¢redltorJ Debtors and creditors wth no staled interest rale and receivable or payable within one yèar are reccKd8d at transadion price. Any l¢)sses arising from impairment are recognised in expenditurè. INVESTMENT INCOME 2024 2023 Deposit account interest 2.449 CHARITABLE ACTIVITIES COSTS Support cosls18ee note 6) Direct Costs Totals SF4)nsorship Clair Hall 1,065 13,200 400 1,485 18,580 14,285 5,780 20,045 GRANTS PAYABLe 2024 2023 Spon30rship 370 The total grants paid lo institutions during the year was as follows. 2024 2023 GENERAL 370 Durlng the year, no grants wère made. In the prior year, grants were made as follows.. £250 to Burgess Hill Symphony Orchestra £120 to Macrnlllan Cancer Support SUPPORT COSTS Governance costs Management Finance Totsls Sponsorship Clair Hall 51 1,061 104 1,288 245 3,031 400 6.380 1,112 1,392 3,276 5,780 Page 7 continued .
GO PURPLE LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024 NET INCOMEI(EXPENDITUREI incomel{expendrturè) is stated after thargintylcreditingl.. 2024 2023 Independent examinerfs remuneration Other non4xaminats.on servlc8s Depreaab"on- owned assets 1.200 1076 1,178 1,175 TRUSTEES. REMUNERATION AND BENeFITS There were no trustees, femuneratson or other beneffts for th8 year ended 30 June 2024 nor for the year ended 30 June 2023. Truglem, expen• There were no trustees, expenses paid for th? year ended 30 June 2024 nor for the year ended 30 June 2023. STAFF C08TS There were no employees in the current and o)mp8ralive years. 10. TANGIBLE FIXED ASSETS Plant and machlnery COST At 1 July 2023 8nd 30 June 2024 4,700 DEPRECIATION At 1 July 2023 Charge for year 1,273 1,175 At 30 June 2024 NET BOOK VALUE At 30 June 2024 2,252 At 30 June 2023 3,427 11. INVESTMENT PROPER FAIR VALUE Addit*on8 250,000 At 30 June 2024 250,000 NET 800K VALUE At 30 June 2024 250,000 At 30 June 2023 Page 8 continued...
GO PURPLE UMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024 12. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepayments and accrued income 42.569 2,449 422 45,018 422 13. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors Accruals and deferred incomè 8,352 2,976 7,466 1,620 11,328 9,086 14. MOVEMENT IN FUNDS Nel movement in funds At 30.6.24 At 1.7.23 Unrestrlctod funds General fvnd 2.047 446.023 448,070 TOTAL FUNDS 2,047 446,023 448,070 Nel movement Ir+ fiJnds, included in the above are as follows.. Incoming resourcès Resourcés expended Movement in funds Unrestrleted lund8 Gèneral fvnd 466,068 120,0451 446,023 TOTAL FUNDS 466,068 120,04SI 446,023 Comparatlv88 for movement In funds Nel movement in fvnds At 30.S.23 Al 1.7.22 Unregtrl¢ted fund9 General fijnd 11811 2.228 2,047 TOTAL FUNDS 11811 2.228 2,047 Page 9 continued...
GO PURPLE LIMITED NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 30 JUNE 2024 14. MOVEMEKf IN FUNDS- contlnued Comparative net movement in funds, induded in the atove are as follows: IrKoming resources Resourc£s expended Movement in lunds Unrestrlcted funds General fijnd 17,839 115,6111 2,228 TOTAL FUNDS 17,839 115,6111 2,228 Any 8urplu8 in the unrestricted reserve fiJnd is availab for future use al the discfetion of the trustees. 15. RELA TED PARTY DISCLOSURES During the year, the charity reiVed donations amounbng to £420.OCxJ {2023, £nill from a trustee, T E French. There were no conditions attached to the donations Al the year end, thè charity owed T E French £8,352 12023.. £7.4881. The sum was inlerest-free, unsecured and repayable on demand. At the year end, the T E Fren¢h DIs¢retsrary TrusL 8 trust controlled by the trustee, T E French. owed the harlty £nil12023'. £4221. The sum was Interest-Ire&, unsecured and repayable on demand. Page 10