REGISTERED COMPANY NUMBER: 07798719 (England Wale$) RECLqTERED CHARITY NU]WIBIR: 1146117 CHARITY COMMISSION REPORT OF HE TRusfEES AND NAUDrrED FIN IAL STATEMENTS FOR THE YEAR ED 31 OCTOB 2023 THE A COMPALY CLE BRICHTON LTMrfED INfrrBD BY GU FI CRT Lirnlted Flat 24 WEllingtonia Court LaitLe Close Hri8htou East Suss¢x BN16TD
E cllicLE BRI N LIMITED CONTEWfS OF T ANCIAL STAT VOR THE YEAR ENDED 31 OCTOBE ENT 23 Page Report of the Trustees Indepelldenl Eyamlntr's Report Staternellt of Flnan¢lAI Activities b4lthncÈ Sheot Cash Flow Ststement Not¥ to the Cayb Fk)w Statemellt Notss ID the Fin¥n¢lal Statementj 10 to 17
CLEB Lll4trEED BRED 1¥4ULKBER: 07798719 RFPQRT OF THE TRUSTE FOR THF, YFAR E ED 31 ocfoBE 23 The trnsÉtes who Qre olso dirK¢ors of the cknity for the putyose9 of the Companies Act 2006, present their report with the fillancial 5tateTnents of the tharity ih¢ year ended 31 Odoiw 2023. The trustees have adopted the provisions of AEcouTJting and Reporting by Charities.. Statement of Recommended Pr&cti¢e applicable to charirieg preparing their accounts in ac¢ordance with th¢ Financia] Reporting Standard applicable im th¢ UK Hnd Republ1¢ of JrelaThd {FRS 102) (eftective l January 2019). OWECTIVES AfrfD ACTIVITIES Objeetlves &lld Objeetlves The objects of the eharity #re specifically restsided to the following.. l. To promote alld protecc the physical and mentol health of sufferers of Myalbi¢ Enc¢phalomyeli¢is ("IvlE"), Multiple Scler08i8 {"MS"). Depre88ion glld Stress related conditlollS itL Eng]and and w¢5 through the provision of "Supported Livit)g' accom]nodatioJi, Funciional Mobi]ity a]yl Fitlless exercise classe4 MiDdfulness & Meditrdtion 8essiolls and practical advice and guidan¢e. 2. To advanc¢ the education of the general public in all aTeas relating to Myalgic Enc¢phali)Jny¢]iti$ {"IvlE"l. Multiple lerosi5 ("MS"), end au Depression Rt)d Stre88relatrd conditions. 3. To workwith the bomeless coJJununity to improve conditioi)8 and rett]mthe residents to inl¢brat¢ back iuto so¢i¢ry. In thc period covered by the attached accounts to 3 1st October 2023, the company rcnt¢d out its premi5¢S to the B&HCC as we were uiwbl¢ to rocruit staff to Continue our Supported Livtllg project. The ro]np8ny Continued io siipport people ID exceptionally poor financial situatlon$ globa]ty. Publlc bellefrt The "fNstees certlfy tha¢ they bave bad and paid due regard to the ChltY coll1]sSIOn,8 guldae on public benefit in decidills what activities tkL¢ Charity should uudertake. This they Ixliev¢ is demonstrated iu this report. ACHIEVEMENf AND PERFORMANCE Cbaritnble actlvltlè& FolloNin&r on from last yeavs position on Holliugbury fjolf Club, th¢ ongoing restricting factors ftir canyimg out the Circle's support¢d livSng programjne for ¢xcupaliollal therapy, JD¢ditative walks other olltdoor athivilies aud tho decision to dispose of the Golf Club, tbo Club wa5 501d 3151 MaT¢h 202J. The company then Yewrned to developiDg tLew areas irL Pottslade for delivgring the supported living pro8ramme and continu¢d to support people sufftring from aLety and stre55 and rnaJnu(rition globally. FINANCIAL REVIEW FlllAll¢i#l po8ltloJ The results for the year dr¢ shown in the Sta¢etnenl of FinaDcia] Activities amd show¢d a SU1$ of £29,517 (2022: defi¢il £38,100). This bas been added to the ret&in¢d re3ctv brought forward of £233.485 to leave r263,002 to be caLYi¢d fonvard. InvesthieDt poli¢y and obje¢tlves Th¢ MemorandLUJ) of Asswiation illows the Trugtees to deposit OT invest funds in any manner (but to invest only after obtait)in8 adyice from ll fll]Mncial ¢xpert alld havin8 re8ard to the suitabitity of invest]nellts and the need for di¥810¢at1on). Reyerves policy Tho l¢Y¢l of reseTVQS is regularly Djofiitored by the TrustCES aa is currentty wnsid¢red to reasonable giY¢n the natur¢ and scale of the Charity's a¢tivities. The Trustee5 would consider a levBI of unrestricted Teserves ¢quivalent lo 3 months expettdilure to be appropiiate to be held at any o1]¢ tinje. Page J
THE CJRCLE BIUGHTON LLKITED REGISTERED NUMBER: 07798719 TRUSTEES R THE YEAR ENDED 31 OCT BER Z023 STRUCTURE, GOVERPIANCC AND MANAGEMRwr Govtrfting UM¢llt The Ch8rity is a COPanY lin)ited ty gvardntee aud is governed by its Mem(yralldum and Articles of Asgociation dated 5 October 2011. The Cir¢le Bri8hton Limited (PTeviously Smil¢2Liv¢ Ltd) was in¢orpoTat¢d on 5 OctobeT 2011 {registered company nu]nber 07798719). It received a charitable statu5 on 27 Febrnary 2012 (r¢gisteTed charity nun]ber 1146117). Recrultrnent appoiDlment Df new trll5teei The Trustees (Directors for Cotnpanies Act purpis¢s) ar¢ lislcd in this r¢port. The fst Direetors shall be those persons notified to Compauie5 House a5 the fwsi DiTectOTS of the Company. The minitmlm number of Dire¢tors shatl be one but (unless otherwise deterfftined by ordinary TC3olution) shau tLOt Ix subj¢ct to dny maxit)lllln. Ai the first AGM all the Directors rnust retire fro]D office unless by the c105e of the meetin8 the momb¢tB h&ve hi]ed to ¢lecl sufflcienl Directors to hold a quorate m¢etin8 of tlLe DirectDfs. At each subsequent AGM one thiLd of ihe Directors must retire from office. The Company tnay by ordinery Te8olution'. a) Appoint & r$oll who is willing to act to be & Director. and b) DetenDine th¢ roiation in which Any odditionai Directors 0X¢ to retire. Ri$k management TTUSte¢s have exftrnined the piincipal Areas of the Chwitys operationg and considered th¢ major risk5 faced in each of theye ar¢as. Ilisk thanagement takes place annually by the committee. REFERENCE AND ADMTNISTRATIVE DETAILS Re¥lstered cOpanY number 07798719 (England and W&l¢$) RegiBt¢red Chxrlty number 1146117 Registered ornce 55 Nortb Street Porrslade Brighton East Sussex BN41 IDH Truit¢e$ GBell F Ghiaci Mrs D (Jhiaci Independent Examlner Christopher Robert Tyler PCA DCbA FCtE FI CRT Litmited Flat 24 Wellingtonia Court laine Close Brighton East Sussex BNI 6TD Compony Secretory Mrs R Camerou Page 2
THE CIRCLE BRIG}oN LIMITED REGtSTE 77 RT OF THE TRUSTEEI S FOR THE TEAR ELYDED 31 ocfoBER 2023 RKFERENCE AM) ADMINISTRATIVE DETAILS Bankers HSBC ChDrcEL Street Weybridue ICT13 8Dr STATELKENT OF TRUSTEES, RESPONSIBILITs The trustees (WFLO are also th¢ dired0t of The Circle Brightotl Limited for th¢ punx)ses of company law) aTe r¢sponsJl)le for preparing the Report of the TnL8t¢¢s and the fillatscial 8tstements in ac¢ordance with applicable law and Unit¢d Kingdom Ac¢ountills Standords (Ulltt Kingdom Generally Accepted Accounting PracÉi¢e). Compzny law requires the trustres to prepare finauciai stOternent8 for each financial year which give a true And fair Niew of the state of affairs of the charitable co[PanY and of the inrA)ming resources and applicalion tsf resources itLcludin the i3)come expenditure, of the charitabl¢ ¢oJnpany for that period. ltt pr¢p8rring tbose fmancial statemcnts, the trustees are required to 8el¢ct suitable accounting TNili¢ies and tELett apply them ¢oJJsisi¢n¢ly; obseTV¢ tho tnethods and principle5 iti the Charity SORP; make jud&Tements and estimateg thtst are LE8S(>nabl¢ and prudent. prepare the finottcia] statements oll the goin8 ¢Oll¢¢LD $1S ullle55 It is inappropriatè 10 presume that the charitttble con)panywill continu¢ in busines&. The tmstee5 are responsible for ke4)ing proper accouutiug records which disclose with re&sonable a¢curacy at any ti]n¢ the fin&ncial position of the charitoble cotnpany al lo enabl¢ them lo ensure that the fjmancial statements comply with the Cornpanies Act 2006. They are a150 yespon5ible for safeguardu)g the assets of the ClIable co]npany and hence for takingreasonable steps for the wevettllon and detection of fraud and other irregularitieg. ).a....£n.,,A........... and signed on its bebalf by F Ghiaci: 'rhe fuwLcial ststemellts were ftppioved on.. ci - Trustee Page 3
IND£PENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CTRCLE BIUCHTON LNITED Indeptlldent examlner's report to the trw5ts&9 of The Circle Brighton Limitsd (Ilhe Company,) l LttK)rt to the ¢harity tStee$ onmy examination of tbe accounts of the Company for the year end1 31 O¢tober 2023. Re5poasibilities ond basls ofreport As the charitys ttu5tee6 of tbe Company (and also its diredorg for the puryoses of Fompany ]aw) YO are YespoD5ible for th¢ prq)ardtion of the accoullts in a¢¢oTdance with the requirements of the Companies A¢1 2006 {'the 2006 A¢V). Having Satisfied myself that the ac¢ovnts of the Cornpany 8ro noi required to be audited under Part 16 of th¢ 2006 Att and are eligible for independent exatllinon, I report in re3pe¢t of my ¢xamin&lion of your ¢harity'9 accounts as ca]ea ollt llnder Section 145 of the Charities Act 2011 (*he 2011 Acd). In caffying ollt my exaination T have followed the 'Dire¢tiDn$ 8iv¢n by th¢ Ch4rity Cotnmissioll ulld¢r Sectioll 145{5) (b) of the 2011 ACL Independent exa]nlller'8 Statement Siuc¥ your charity5 8ros5 incom¢ eXcdea £230,0 your examiner n)ust be & m¢mber of a listed dy. I can c4Jnfirni that i a]n qualified to undeth th¢ ?xaminatiory because l aLn o member of the tnstiture of Chartered Accountants in Englottd and Wales, whi¢h is ¢t of the listed iyodies. I have complet¢d my eXaiDatiOn. I ¢f)nfr thai no matters have come to my attention in ¢onnectioll with the ¢xaminorfon 8LViDgme cau8e tp believc.. accouY)ring records were not kept in r¢5pect of the Company Tequir¢d by Section 386 of the 2006 Act. or the accounÉ5 do not accord with thos¢ records,. or Accounts do not Comply with the WCOUDting r¢qementS of ¢110 396 of the 2006 A¢t other thall any requirement that the a¢collnts give a true and fatr vi¢w whi¢h 1$ Tt a lltter considered ay part of an independent examinaiioll, or the accounts h8ve not been prepad ill acwrdance with th¢ m¢thods alld ptrin¢iples of the St&tement of Rec<)mtnended Pra¢tico for attounting and reportillg by charities (appli¢abl¢ to chIll¢S preparing theiT a¢cow)ts in ac¢ordance with the Financial Rewrting Standd appliGabl¢ in the UK and R¢pubLic of Ir¢l&nd (FRS 1021). I bav¢ llo ¢oncerns and have ¢ome across tto other JnLtter5 in connectioll with th¢ exatninalion lo whicb attejition sIUld be drawn in thts report LD order kn enable a proper undersrAttdinbr of the accounts lo be rea¢la. Cbristopher Robert Tyler FCA DChA FCI FI CRT Limiied Flat 24 wellinOnI& COL Lain¢ C105e East Sussex BNI OTD Date.,..IW...7.Y SXa4,.,,...,,. Page 4
IR LE BRIGltroN ITED STATF,MF,NT FINANCIAL ACTIVI FOR TIIE YEAR fi,NJIF,J) 31 ER 2023 2023 Unrestricted fimd 2022 Totsl fimds Notes INCOiWE AND ENDOWMC, NTS FROM Do1110n9 and tegacies 4.3l4 18,231 Charltable aetlvities Wellboin(T progratntnes 54,011 245J54 Investmelll incomo Other illcome 54,400 166,031 31.350 9,163 Total 278,7S6 304.098 EXPENDITURE ON ChaTltable aetivltle5 W¢llbEing progrnmmes 249.239 342,l98 NET INCOMEIIEXPKNDATURE) 29.517 (38.100) RECONCTLIATION OF FUNDS Total fun brougbt forward 233,485 271585 TOTAL FUNDS CARRIED FORWARD 263,002 233,485 ThE Ilotes form part of the8e fJDancia] siatemenls Page 5
THE CtRCLE BRIGHTON LIMITED GISTERED lYtllblBER.' Q7798719 BALANCE SHEET 31 OCTOBER 2023 2023 2022 Total funds Unrestricted fimd Notes FIXED ASSETS Tangible a55ets Investments 12 265,591 253,733 265,591 253,735 CURRETr4T ASSETS DebtOT5 Cash at baDk and in hand 14 214 8.178 8.270 4,836 8.392 13,106 CREDITORS An)ounts ta]lin8 dut within one y 15 (10.981) (33356) NET CURRENT ASSBTS {2.589) (20.250) TOTAL ASSETS LESS CURRENT LIABILITIES 263,CM)2 233,485 ET ASSETS 263.002 233,485 56 Uiur5trided llas 263,002 233.485 TOTAL FUNDS 263,002 233.485 The charitable company is entitled to exeniption fron3 audit under Section 477 of the Cotllpallies Act 2006 for the year ended 31 October 2023. The men)bers have not required the company to obtain an &udit of its financid staiemeots for the year ended 31 October ?023 in ac¢ordae with Section 476 of the Companies Aci 2006. The trusrees acknowledge their tysponsibilities for (a) ensurin8 tbat tho cknaritabl¢ ¢ompany k¢¢ps acc4)untillg re¢ords that comply with SectiOll9 386 and 387 of th¢ Compani¢s Act 2006 and (b) prepBring finDllcial statements whicb give a tN¢ and fair vi¢w of the state of offairs of the charitable ¢otnpany 49 at th¢ end of each finallciaj y¢aY and of it8 surylus or defi¢it for each fuianeial year in accordance witb th¢ requiTenythts of Sections 394 and 39S and otherwise comply ryth th¢ Teqllirements of th¢ Cotnpanies A 2006 relating to finan¢iaJ slalqmenrs. so far as applicable to th¢ tharitable ¢ompany. The notes fortn parL of tllese f]]km)¢ial ststements PaE¢ 6 ¢ontinued...
RCLE LIlIED RED NUMBER: 07798719 BALANCE SFtF.FT- Contitilled 31 OC I'UIILI 112023 These financial statements have been prepared in a¢cordhnce with the PTovisions applicable to ehaLit8ble companie5 subject to th¢ small copaniC5 r¢8im¢. The financial statements re approved by th¢ Board of Tru¢¢5 atld authorised for issue 3...ol:.Jty............ andwere sibJn¢don its behalf by: F Ghia TtrLe forttL part oftbe% fu)an¢ial statements Page 7
THE CIRCLE BIUCHfoN LILlllTED H FLOW STATEME FOR THE Y ENDED 31 OCTOB 2023 2022 Notes CAsh Ilows fro]ll op¢ratin8 activities Cash gener*ed from operalion$ (121,995) (3.465) Net cthu5ed operthin8 activitie5 (121,995) 13.465) Cash flows from illv¢5ting actlviti Purchase of tansible fixed assets Sale of iartgiblF fixed assets (53.246) 178.583 {84) Ner cFJsb provided byllugtd in) investing a¢tivities 125.337 (84) Change cash e8sh equivalents In the r¢porlln£ period C.Aih eaNh ¢qMlv&l¢nts at the b¢ginnlng ofthe rertIng portod 3,342 (3,549) 4,836 8,385 Ca$h and cosh equiyaknts at Ibe end of the reporling p¢rlod 8,178 4,836 Tb¢ uotes fomi part of ih¢se fJDallcial statement8 Page 8
THE CIRCLE BRICITfoN LIMITED NOTES TO THE CASH FLOW sfATEMENT FOR THE Y AR EI¥4DED 31 OCTOBER 2023 RECONCILIATION OF NET ILYCOMEI(IXPELYDITURE) TO LYET CASH FLOW FROM OPERATING ACEIVITIES 2023 2022 Nct ineomd(¢xp¢llditure) for th¢ reportlllg period (8& per the StaÉemen* of F¥nancial Aetlyltles Adjllstmellts for,. D¢preciation charges Profit on disposal of fixed assets LDSS on disposal of investment Dc£rease/(incTeas¢) in (kbto (DeCreas¢)1inea5e in ¢ditOrS 29,517 (38,100) 28,833 (166.031} 28,098 8,059 (22,375) (1181 6,655 Net eash used in operation5 {121.995) (3,465) ANALYSIS OF CHANGES ILY f4ET FUNDS At 1.11.22 Cash flow At31.10.23 Net Cash Cash at bank and in hand 4.836 3,342 8,178 4.836 3.342 8,178 Total 4,836 3,342 8,178 The not¢8 foim part of th¢se fJllan¢ia] 5taiemcn15 Pag¢ 9
THE CTRCLE BRIGHTON LIMITED TES TO THE FINANCIAL STATKMENTS FOR THE YEA ED 31 OCTOBER 2023 ACCOUNTING POLTCIES Basis of prep8rillg the flM&nctsl ststements The stat¢m¢nts of the chartiable Company, which 18 a public benefit ¢ntiry under FRSI 02, have been prepared in accoTdance with the Charities SORP {FRSI 02)'Accounling and Reporting by CEwities: Statemellt of Re£oJnmellded Practice applicable lo thaTitieg py&ping their account5 Wlth the Financial Reportvng St2dard applicable ill the UK ond Republic of Irvland (FRS102) (effethive l jary 2019),. FI[claI RertAti St8XLdard FRS102 '7hB Financial Reporting Strandard ftpplicable in the UK amd Republic of ITolat)d' tbe Companies A¢t 2006. Th¢ financial Seellts knave been prepared undeT the histori cost convention. The accouELts aTe prepar¢d ill sterlin& which is tho fvnctional cu¢ll¢Y Df the Chty. Monetary an)ounSs in th¢8e financial stateents are rounded lo the rLear¢st £. The tru5teeddlclDrs collstder that there are no material unTn¢S about the companys Abijity to continlle Ls tt going concern. PrepArgdtloD of consolldaied fltLanciMI Statements The finincial statements contain iDfOr[toll about The Circle Bri&1n Limited as aD indivithJal company at do not contAin consolidated financial infor]naiion as the par¢nt of a btyoup. The charity is exempt under Soction 399(2A) of the comp£ieS Act 2006 ITOM th¢ r¢quir¢m¢nt¥ to pware cou501id&t¢d fu)?cIal siatornenls. Income All incotne is recOgnid ln tbe Statement of Finattclal Activitiey once the thrity h45 entillem¢nt to tbe fill, IL is probable thoi the income wll be received and the amouDt caD b¢ measured reliably. ExpendltUTe Liabi5itie$ are recogDi8ed as expendittwe as soon &s there is 8 legal OT ¢QJLStruÈtive obligation committing the ¢l)arity to that expendIre, it is prob8ble that a tr&for of econornic benelits will be required iv settlenLent the. arnount of the obligAtion con be m¢8yured reliably. Expenditure is accoullkd foT on ajj accruals basis and has been classified und¢r headings that aegate all cost related io th¢ ralegory. Wher¢ Costs be direcily altributcd to particular beadimgs ihey have be¢n allocated to aGtiYilie5 on a basis conyislent with the use of resouTre$. T#n8ible flxed a8s¢t$ Depreciation is wovid¢d at tbe followin8 at]nual rnteg in ordeT to wrlte off ep¢h ov¢r its eslim8ted useful life. Tan8JlJle fLxod assels Short L¢a8¢hold.. Straight line over 10 years PSaDt and macbinery- 25010 on cost Fixtures and fittillgs- 25% on redu¢in8 balallce Ot5ce ¢quipment_ 25 1 on r¢duciDg balanee The ¢kY does not have a (k minimis level for th¢ c74pit741isation of fjxed a$4ets. Taxatlo The charity is Considered to pals the tesl$ 5¢t out in Para&ryaph I Schedul¢ 6 Fillat)ce Ad 2010 and th¢refor¢ it meets the derlon of a cbaritable compally for UK CorpDTation Tax purpoges. Accordin8ly the tharity 16 potentiutty exempt from laxatiOD in respect of irOtne or capital gains received within categoTi¢5 WV¢T¥xI by Chapter 3 Part I I Carporalion Tax Act 2010 or Section 256 of the Taxation of Charg¢able Gains Act 1992. to the extent tIl such incom¢ or gaiDS are applied exclu3iYely to ciwitable purpose5. Fund accounting Unrestricted tllnds can be used iD a¢¢oTdaT)ce with the ¢hRritable objectives at the discretion of the tnL8tees. R¢ytricted fimd5 only b¢ uscd for p&fficular rF3tri¢t¢d PULPO&e$ Within the objects of th¢ charity. Restrictions arise wlLen spe¢ified by the donor or when funds ar¢ rais¢d for particul&r restricted purposes. ¢ontinued...
THE CTRCLE BRIGHTON IlhItrED TE TO THE FINANCIAL STATEME FQR THE YFARF BER 2023 ACCOUNTING POLICTES- ¢onti4ued Fund accounting Furt])er explanation ofthe nature al purpose of each fund is included in the notes to the flljaucial stat¢tn¢iit$. DONATIONS AND LEGACIES 2023 2022 DOnlon$ Grnits 4J14 J5.318 2.913 4,314 18231 Grants receive& included in the 8bove. are as follows: 2023 2022 BHCC. Cuvid 19 Grkmt BFICC . Omicrou H05pitslity Leisure Grallt Scheme (OHLGJ 2.500 2,913 INVESTMENT ILYCOME 2023 2022 Rentyr¢ceived 54,400 3),350 FROM CFiARiTABLE ACTtVITIEI S 2023 Wellbsing programnes 2022 activiti¢s Wellb¢in8 prograDYneA 54.011 245,354 OTHER tNCOME 2023 2022 Other income Sale of g[dWill and as9ets 9,103 166,031 166,031 9,163 Pagell nlinued...
E BRTGTrYfoN LTrIITED NOTES TO THF, FtNAN ATEMENTS- eollthiued 'OIi THE YEI AR ENDF,D 31 nC.TQIIF.R 2023 CHAtUTABLE ACTTrryTTVS COSTS Direct Costs (see Dote 7) Wellbeing pallneS 249,239 DIREcf COSTS OF CHAtUTABLE ACTtVlTIES 2023 21r22 In8UIBnce Light and kneat Rent Ratks Wag¢3 Food and (Srink Poyl stationery Trav¢lling Repairs and r¢newats Cleaning DoDalions Sundry expenses Card and bank ¢bar¥es Website developm¢nl- Adv¢rtisivg Accouutan¢y I,icBncos Subseriptions Eq1pment reutaS Event costs Manllgernent sethces Depreciatlon 492 21,445 30,500 (5,427) 64.105 16,009 236 5,473 8,078 1,707 58,100 2,946 1,305 7,535 2,354 3,199 533 590 59 1,167 28,833 1,815 34,659 23,445 93,327 66,943 642 6,162 19,534 5,715 430 3,177 4,395 7,428 3,958 393 507 849 3,742 28,098 249,239 342,198 NET IL¥COMEI{EXPENDITiJRE) Nrf incomel(expendirore) is ststed After thargllWlcrediting): 2023 2022 tkpreciation- owned assets Indepelldent txamindtion (including VAT) 28,833 1.800 28.097 1,680 Page 12 colltittued...
THE CIRC E BRTGHTON LllVIITED NOTES THE FINATrICIAL FOR THF, YF BD I OCTOBER 2023 TRUSTEs, REMUNERATION Af4D BENEFITS There were llo tn]slees' ItUerat10n OT oth¢r bell¢fits forth¢ y¢ar ¢nd¢d 31 October 2023 llor foT the year ¢nded 31 October 2022. Trusteu, expenses Thore were no trustces, expenses paid for the ytar enikd 31 October 2023 nor for the year ellded 31 O¢tober2022. io. STAFF COSTS Staff ¢ost8 during the year were as follow$: 2023 2022 W8kyes and sdarieg EMployers national i)Urance Etllployers p¢nsion ¢ontsibutLons 56,611 4,565 5,958 90,758 5,288 1.382 The nwnbeJ of employees. bed on trLeadcounL dwing ihe yeArw&s 4 (2022.. 6). The chaTity ¢onsider% its key management porsonnel to be the tnJstee$. No tmstee received ony remuDeratlon or benefits froTn the charity. COMPARATIVES FOR THE STATEMENf OF FDIANCIAL ACTtvrriES UDrestrictgd fiwd INCOlE AND ENt)OWMELYTS FROM Donalions and legacies 18,231 Charltablè activitles Wellbeing prograD]m¢ 245,354 TyeStent income Other incL)me 31,350 9,163 Tofgl 304.098 EXPENDITURE ON Charitahle a¢thiltles WellbeiDg prtsgramm¢$ 342.198 NET TNCOMEI(EXPENDITURE) (3B.100) RECONCILIATION OF FULYDS Total funds broughi fotivard 271.585 TOTAL FUIYDS CARRIED FORWARD 233,485 continued...
THE CIRCLE BRIcifroN LI[TED NOTES TO THE FINANCTAL ST ATEMENTS- ContiMed FOR THE YEAR ENDED 31 OCTOBER 2023 12. TANGIBLE FIXED ASSETS FixNr¢s Short leasehold Plant and machit)ery Offic¢ equipmeDI fittings TotAIs COST At l Novwllb¢r 2022 Additioms Dispos&ls 338,935 50,769 16,257) 35.67l 1.835 (13.609) 13.528 3,929 642 13.601) 392.063 53,246 (24.980) (1,513) At 31 Octob¢T 2023 i83,447 23,897 12,015 970 420,329 DEPRECIATION At l November 2022 Cbar8c for year Eliminated on disw5&1 101.707 25.563 (1,465) 24,258 1,710 (7,201) 9.457 913 (I,(wi) 2,910 647 (2.670) 138332 28,833 (12,427} At 31 octor2023 125,805 18,767 9.279 887 154,738 NET BOOK VALUK Ai 31 October 2023 257,642 5,130 2,736 83 265.591 At 31 October 2022 237228 11.413 4,071 1.019 253,731 13. FIXED ASSET INVEsfMENTS There were no invesknent asgPig Outside the UK. Th¢ compallgs invt8tments at the balonL'0 sh¢el date in the share ¢apital of conJpaDies include follawillg.. Clrele Holijtlc Hea]tb Clini¢ Llmlt£d Registered offjce: 55 North street. P0ft818de, Brigbton, BN41 IDH Nature of blUeSs. Holistic health Class of share: Ordinaty holdiM8 io 2023 31.10.22 Aggregate capital gndTeserves Profit for tho year 1.066 8,816 The inv¥st[ut ill Circle Holistic H¢<h Clinic Limited was disposed of dwin8 the year. PAge 14 outinued..
HTON LIMITED TE TOTHEF L STATEMENTS- contlnu¢d FOR THE R ENDED31 OCTOB 14. DEBTORS: AMOUNTS FALLL¥G DUE WtTHtN OTqE YEAR 2023 2022 Trade debtors Other debtors prepay aDd acenled in¢ome 214 1.720 4.050 2,500 214 8.270 15. CREDITORS: AMOUNTS FALLING DUE THI1¥ of4E YEAR 2023 2022 Trade Creditors Social secwity and other taxes VAT ()th¢r creditors Accrued expenses 1.772 731 497 6.181 1,800 9.607 648 4,610 16.691 1,800 10,981 33.356 16. MOVEMENT IN FUIIDS Net movement in funds At 31.10.23 1.11.22 Unrntrl¢t¢d fun09 General fid 2J3,485 29,517 263,002 TOTAL Fuf4DS 233,485 29,517 263,002 Nel mov¢menl in fullds. ith¢luded ill tbe abov¢ ar¢ fis follows: [ncoEnillg resouTC¢S Resources expended Moyement ID funds Unrestrlcted funds General nd 278.756 (249,239) 29,517 TOTAL Fuf4DS 278,756 {249,239} 29,517 CompArattves for movement ID fMnd$ Net ovement ill fw)its At 1.11.21 31.10.22 Urtrestrlcted fllnds General fund 271,585 (38.1 OD) 233.485 TOTAL FUNDS 271.585 {38,100) 2J3,485 Page 15 contmued...
THE CIRCLE BRIGHTON LIMITED NOTL8 TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 OCTOBER 2023 16. MOVEMENT IN Ftir4DS- eontSDu¢d Collwarative Det rnoventrnt in fd5, included in the aix)ve as follow8: Jne4)mittg reSoUeS Resouyces expended Movemtht in fLtt)dg UllT£Stricted Imnds Gener&1 fiu)d 304.098 (342,198) 138,100) TOTAL FUNDS 304,098 (342.198) (38,100} 17. RELATED PARTY DISCLOSURES City GatewRy Llrnlted During d)e year the charity paid rent oe£30,500 {2022- £nil) to City Cl&t¢way D¢velopm¢nÉ Limiled. The ¢harity also r¢fiJnd¢d £50.633 (2022.. £nil) to City Gateway Dewelopment Limitcd in r¢S¢t of previously caThied out builthnLI works by that compally on the sule of Hollin8bury Golf Club, At 31 October 2023, a balance of £120 (2022.. £nil) was owed to City Gatewdy D¢Y¢lopment LiTnited. City (3ateway Development Limited is a company controlled by F Ghiaci. Equ#tttr Llmlted During the year the charrty pwchased management services of £9,167 (2022,. £35.500) fn)m Equantra Limited. At the tim?, F Ghiaci, A Th'uste¢ of Tb¢ Circl¢ Brblon Limilcd, was th¢ sol¢ diro¢lor and jOiD¢ sharebolder of Equantra Limited. Clr¢l¢ Hollstlc Health CllJ)l¢ Llmlted Duri]ig the yeaT the cbarity received donations of £4,316 (2022.. £15.317) from Circle Holistic Health Clini Limited. Circle Holisti¢ Heahb CiiDiC Limid was a IIMJ /0 bU]d]Sry of The Circle Bri8bioll LiJnitod. Cir¢le Holistic Heath Clinic Limited ceased trade on 30 April 2023 and the balance of £3,850 that had be¢D owed to the dwity was paid bAck BIoDg with the ghare capilal of £2. Cirele Hotistic H1th Clini¢ Limiled has since b¢eJ) dissolved by voluntsry strike off. At 31 October 2023 a bal&nce of £DtI12022.. £3.850) was owed by Circle Ho]isli¢ Health Clinic LIlted. Natural Health S¢rvi¢e Llmlted A8 at 31 Ortob¢r 2023 £I.705 (2022.. £1.705) was owed to Nawrlll Health Service Limited. F Ghiacl Is th¢ sole director of this company. F Ghlacl As ai 31 October 2023, £4,475 (2022- £14,695) way owed to F Ghia¢i, a Trustee of The Circle Brightoll Lirnited. Donatlons were Dde via F GbiaGi of £58,100 frollL dollalions introduced by F (3hi&ci. Cirele Bveats Limited At 31 October 2023 £nil (2022: £200) wa$ owed froD] Circle Ev¢nts Lijnited, a Company contrtsll¢dby F Page 16 COTrtinu¢d...
THE tCLE BRIGHTON LIMITED NOTES TO THE FINANCIAL STAT[rENTS- contTllued FOR THE ITAR ENDED 31 OCTUIILK 2023 18. ULTIMATE CONTROLLING PARTY The Ultinle controlling pattie8 are the directOrtrA]Stees ofthe cornpany 19. SHARE CAPITAL The cOmpY is limited by gllarantee not having & sbare capital. th the event of the company betn8 dissolved each m¢mb¢r is iiable up to a mAxnllum of £10 towards Ihe cost of dissolution and liabilities incurTed by th¢ comp8Dy wbile hel$he w&8 a JDen]ixr. 20. DISSOLUTION Iuth¢ ev¢ttt of a dissolutioll of the Charity the net as8th5 of the ChArity. after all its debts and liabilities have been id, or provision boen tnade for them. sha]] be applied or transf¢rred ill one or moro of the following ways: ) Dir¢ctly for the Objects. or b) By trausler to any charity or ¢barilies for purposes similurto the Objects., or ¢) To any Bjwity or ¢hariries foTU5e forparti¢ular purposes that fall wiihin the Objects. Page 17