Charity numbor. 1147358 Company number. 07982400 (England and Wales) Working Together {Ludlow) Limtted Report of the Trustees and Unaudited Financial Stalernents For the year ended 30 June 2023
Wot1ung Together (Ludlow) Limited Contents Pag8 For the year ended 30 June 2023 RekX*t of the Ttustees 1104 Independent Exarninerfs Repjrt to the TrusteOS Statement of Finanoal Acbvibe Stat8mgnt ol Fuiancial Pogbo Notes to the Financial St8tem8nts 8t016
Worlong Together (Ludlow) Limited Report of the TTUStees For the year ended 30 June 2023 The Trustees, who are also dTector5 I( Ihe PU of IpanY taw. havè pleasure in presenting thwT report and the nan¢ial statements lor the charitabk r£)mpany the year ended 30 June 2023. The Trustee8 have adopted the provisions of A¢courting and ReFK)rting by Charitses". Statement ol Rec(xnmended Pracbce app1Sble to tharibes preparing their 8c4ounts ifi accordance the Finanu81 Reportin9 Standa] appRcablÈ in the UK apd the Republic ol Irdand IFRS 1021 leffocbve 1 January 20191. OBJECTIVES AND ACTivmES Obj11¥98 and akns Wo1(Sng Together 18 a chaity SUPPOfling Feoe with leamirvJ dis8tr1rf2es and dnTh)Jlb"es. Wè offer SUPFX)rbve oprortunities for adults and young peOe aged 11 8nd over and proiih)t¢ the tAxtbve roie pecwe wth MIng disa'11t$ can play in the local community. OUT airns are to loster a welcoming, suppothg environmt to.. -promote happiné&8, gcA)d heatth and wellbeing.. .courage a Strong sens8 of b8longino', .develop a stimulating and creative work and soLy31 envircffimenL .encourage all to devetop thelr own $kilk 8nd talents.. .do whal we can as well as we can., 'create an environm1 whert all are valued, apprecaaled aThY induded., '8Thrage the iTrdu5ion of peop with leaming disabilities in all asre(ts of cy)mmunty Ife ststernent on publ1¢ benefft Working Together (Ludlowl Umws charit8tr18 pvw is enshrined in ts objectives and debver3 rAJblic benefit through the work it rfOrni$ in deliveriw Ihe5e obje¢tNes. The tvJstees have CoTrered the Charity Corrffiission's gtsitlance on public trn8fiL Ind1ng the guidan¢0 'public b8nefft.. runnlng a tharity IPB21'. Volunteers Thé Trustses are very grateful to the commitment 8nd dediCatiC given by Ihe Wt)rknng Togelher volunteer5 thrgh this yeaT. Our Volunteers support the staff teJrn and tyjr mèmbers at w d8yb.me activlw at Rock5prir¥3. Youth Club, Diversity, SewiThJ Bee and Writer5. Club. Our wonderful. reliable volunteers in Craven Arms hard work and dedlcation at the Ch8rity Bookshop provides a sustainable fundraising strearn to the carity as well as opportunities for our members to get involved in stock rnanagement, bcok 8ta116 at kncal events, enpyment generating online sales. Key Porsolln81 Changes Jan Arnithlett-whyky was promoted to Athitses M8nager Ln9 th8 y88r. We said gc#)dbye to James Srnal who 5tsrted a new care8r and welcomed Helen CrrmNeholme and Sheena Wi&rpi(z lo our day services staff le. l of our staff, dame and even9, have continued to tir81essly. ¥1h dedie8lM)n and commitm8nt to deliv8rtng th8 very best Services 8nd support to OUT mernber5 and thr families. The Trustees %wul¢ lik$ expr8SS their gralltude all thè staff. w) (tsitiThJe to go above and beyond, to support wr members and the Working Together famity. 1 of16
Working Together ILudh)w) Limited Rewrt of the TTUStees Contr'nued For the year ended 30 June 2023 ACHIEVEMENTS AND PERFORMANCE SlgnifrGont acllvlttes Working Together has contsnued to prtKnote a [KI5ve Image of the ro that learning dtsabilities and difficuMes can play in the WeT communty. Our rnembw5 are wdl-kJThYt, and Te¥)edi8d 1hroughl Ihè lot21 araa. Thè spacè we have at ihe Rockspring Centre has enat4ed us to continue to gr(rw wr mernber5hip aTrtJ high quality seNces 5 days a week. Durfng 2022r2023, numts5 attending each day have bw incxeayng. Ycth Club has o)nluiued, Tth the sUPPCrt of Children in N88d, to d81iv8r 8 rmprehenWe weekty programme of p)sitive 0pwtjnes and aclwties on 8 TU8&Y 8vening. DiV8ty h88 continued. urwng numbers paiticipaling and rnerniE enjoying a Mde range of s(mi a¢ti%rybe8 eath fortnighL The Rock5pring Centre offers." A place for people to wme ether to leam. t11 confiden(% and make fri8nd8 A skills training centre for our members. parbcularty in relat)n to food and drink Arts and crafts workspace A soaal club and s8fe haven A ffiendty rneeting point for Supp15. memtws 8rJ vokjnteers The outsi(Je space at Rockspring offers gard•Thng 8the5. ¢Xrtside seating areas. FiZZ8 oven and barbu8 f3d1s. All our activities pro¥AdÈ opportunities f(Y our members to arn independenr. Fre and sorA81 sknlls. with suppjrt to maintain and proaress wotl( base(1 programmes. AJI of the fo produ(Td at wknng Together 15 prepared wlh the help and input of our members wth leaming dT5abilitie5 and diffiGuthe5. Our staff team and VUnteerS 5UPPOrt mernber5 to prepa, rxx)k and serve each other and customers to the café. They are a150 Invoe(S in the compliance management of hyg8 8uth a8 ts r4)ening and d05ing W0Ures, fridge and freezw t8rnperabJTe monitoring etc. Social and Activty Projecls induding Ywth Clrtj, DNÈrsrty, sAn9 Bee and WTiters' avb.. Youth Club111-181- Weekly YcArth Club sescms. held at Rodcspring. have induded the fOlLng adwties.. Food ppation and tasting Cralts Physical actwities Use of cornputers Communlcatlon gamas Dfversrty118+1 Diversity Is lor members aged over 18ond kncludes lortnighuy Ci¥erwty eveng$ wth soryal 8cbwbe8 bas M tha Intèregts of members. Events h8ve Induded". MEals out aIng and rxoquet Quiz nights Sewing Bee encourages members kn ¢Jevelop imkVe thew sewThJ skilts by hand and using a mathine. Wt$. Cknb encourag8s rnembefs to share their creative ting. Wa hav& ennJnued with our Alnxjst WeeWy Newsletser. sharing stories. FI and usefrjl infcmalion melni and supporters. Trust88s hav8 Met quart8ty, in person andlor Z FINANCIAL REVIEW Total Teipts for the year wtte £152.696of £139.556werp to unr051riLtsd lunds ar¥J £13,140w8re r8Strictsd to specnled prqe¢ts. Member fees o)nthbuted £88.383, an inc¥ea5e of 15.5% on last year a5 a resuh of inwsed day places for members across five days an annual in fees payrnents by the Iwal authlkn frtsm April 2023. The Charity Bookshop generated £32.931. Donations provk1 a fiJrtheT £9.196 ftorn a brod range ol valued donors and attendance at various ev8nts including the Spring Feslival and Ludh)w Feslival. Grants received totalled £16,CK)3, th8 majority trorn Children in N8ed £10,330. Total grants ar8 down on the previous yeai, mainty due to the end of three years of funding froTn the National Lottery Communty Fund. Other grants were recewed from Ihe Millid)t)pe Foundation and Shropshire Counul. Total payrnents for Ihe year were £129.632of £87,(K11 was SP8nt on wages fi1thng est8b115hmont growth to flect growing mfyrnb•r numb•rg. Th• •x¢•$$ of p•ym•nts 4)v•r Y•¢•ts wa¥ £23,(W, #I £140,$48to b• ¢4rried fornvard into next year. 2of16
Working Together (Ludlow) Limited Report of the Trustees Continued For the year erKled 30 June 2023 Reserv85 It our wlicy to ty to maintsin a bd8n¢e of unT9Stri¢a1 funds thch equates to at least 6 rn¢Jiths' unrestn.cted payments. This is equivalent to £59,928. tt is held to smooth out fluLluatK)ns in cash flow and to rneet emeTgenrAes. The balance on unreslricted funds at the y88f 8nd of £130,351. means Ihat the tharity has athi8ved Ihi5 tsrget for 2022123. We are neijollaling ow ase arrangements al the ROth.ng Centre and Iknng forwards. Tmst88s will continue to keep dose management of the fir0nc¢s during 81xh thaV£nging un(trtaift tirnes W1h ¢wtinuing hvJh infiation and energy Golng concern The financial position of the Charity rwnains sound. Income leve15 ar8 inuea5ins in line wilh our Busw5s Plan, by c£tinuing to improve our dayb.me offer and Ihe numtser of members attdIng daybme actiwties. This fee income is suppl8m8nted by Ino)me generated at the Charity BrN)kshw). We have at4e to maintain suffirient Ine levels to meet our dosety managed exp8nditur&. STRUCTURE. GOVERNANCE AND MANAGEIAENT Govèming doGurnent Working T(ett)er (Ludlowl Limit8d is a compary limited by gsjardntee. TWiSt8r8d in EngLA[ and Wales and E5 govemwJ by its MemorarKJum and Artic$ ol As5Ltialion. The company5 regi5ter&Y 8ddres$ is the same as its wnopal addre5S. tt Is r41ster1 as a charty with th8 Charity Comnlsyon. R6crUltm1 and 4ppo4n¢mont of trust8e8 Each new trustee ceiVe$ an induction frLYll the ChaIrnn and the Chid Offw. DBS thecks are cth8d oul on trust88S thw ar$ ctelY involved in service aclTwty within Ih8 OTg8nisation. REFERENCE AND ADmINISTRATr INFORMATION Nam• of Charity Charity regfstratlon number Company registrallon nb•r Princip81 address WL¥kiro To3ether (Lwlbwl timitgJ 114735B 079824(K> Rothpring Centre SandtL¥d Road LLKI SY81SX Tru8ts9S The trust8es and offifjers seNng during the year and since Ihe yearend *re as frAk)ws'. Mrs Emity Mo8el8y Mr Lamb(yJme Mrs Louise Antr Mr Julk4n Cr(xnblekrdme Ali$L Hdrnan Mr Mthael Beazley MBE Mrs Sarah knÈs IApp(Mnted.. 24 June 20201 (Resigned.. 31 August 20221 Mrs Nicffjla Nrth- Chair S•nkr man8mant Nigel Blsfv)p Independowrt ex8rnlner8 JJ A(xx)unts mitl Redrcx)f$ Berrin Road Tertrbury Wdls WR15 8EN 3off6
Working Together (Ludlow) Limrted Rewrt of the Trustees Continued For the year ended 30 June 2023 Bankers Lk)yd$ Bonk plc Broad Street SY8 1NQ Approved by Ihe Board ofTruste88 8Th1 %gn8d on its behalf by 28 Novwtw 223 Mrs Nlcok Nonh- Chair 4of16
Working Togelher (Ludlowl Limited Independent Examiners Report to the Trustees For Ihe year ended 30 June 2023 I report to th8 tnjstees on my examinatic ofth8 arLounfs olthe chit)Lg ¢crfnpanyfor the year endgj 30 June 2023. R•spon5ibilitie$ and bas1$ ol rewt As the charity Trttsl88s, who are akn dirts the wrpc6es of rypany Eaw. are responsit4e for the ryeparalion of the armunts in accordance wlh the qUirements of Ihe c(panI•S Act 2{ (Ih8 26 Arfl. Havlng satisfied myself that th8 accounts ot th8 Crynpany are not required to b& audittsd undeT Part 16of the 2006 Act and are eligible for independent examination. I in respe( of my examination of your charfws accounts caffled out under sectlon 145 of the Charitses Art 2011 llhe 2011 ACVI. In Carrn8 Wt my examination I have followed tre DSredons glven by the Charity Cornmission under S0 t4515llbl ofthe 2011 Independent examlnefs Statemeni I have comkYeteiJ my ex8min8tion. I confimi that rx) matters have Lfffi8 trj my attenti( in o)nnethcm with the examtnation giving me Cause to beli8ve th8t in merial fespectr. 1. accounting records were not k¢pt in respect ofthe Ccfflpany 3s requir&1 by section 386 ofthe 2006 Art or 2. the accounts do not accord ¥th those reCs. or 3. the a(xounts do not comply with the requirements ol section of the 2Q)6 AGt otheT than any requirement that the accounts glve a 'tru8 and far view, which is no¢ a matter C4M&dered as part of an Intlependent examinalon.. or 4. the ac£ounts have not tseen prepared in accordan wift the methtsds and prit¥iples of Ihe Staiement of RecrMnrnend8d Pra¢ti¢e for accounting and reporting by tharities aprAicaNe to chaitbes preparing th8ir8ccounts in alrdanr% with the Firtanual Rep)rting Stsndard 8pplic£b18 tha UK and R&trtJbk of Iro18nd (FRS 1021. I have rno concems and have atross no other matter5 in connection th the examination lo whith attention should be dravm n Ihis report in Ordw to enabk a FvopeT under5tsnding (* the acojunts to be reath&J. JJ Ac¢ounts Limitod Redroofs Berrington Road Tenbury WelLs WRt58EN 28 November 2023 5of16
Working Together (Ludlow) Limited Stalement of Financial Activities (including Income and Expenditur8 Account) For the year ended 30 June 2023 Notes Unrestrlcled funds Re8cted funds 2023 2022 kncom• and endowmgnts from: Donalions and legaciès Charitable actiE5 12.05g 13.140 25,1 40,418 Daytime actmties Swal and Aetive PTqects - Youth Club and Dlv¥sty Bod( Shop Olhertrading 8CtNit88 Other activhles ftr generating fiJnds Investmert3 Bank interest reielvaUe 90.931 90.931 78,571 1.565 32.931 32.931 23.201 1.985 10 10 Total 139.$56 13,140 152.696 143,753 Expendlture on.. Charitsble activities Daykn'rne aCtivS Sooal and Active Projects - Youth Cb and Diversity Cornrnunity Fund Bod( SIK)P Total 199,145 12.464) (1,8411 (7.9351 1100,9861 110.3991 172,5651 110.2711 115,0001 118.2471 {119.856) 118,2471 1129.8321 117761 116,946) Net Income 19.700 3.364 23.064 26.807 Reconclllatlon of funds Tot81 funds brwght forward TO1 funds Carrled forward 110.651 6.833 117.484 90.677 130.351 10.197 140,548 117,484 60116
Registered Number ' 07982400 Working Together (Ludlow) Limiied Statement of Financial Posrbon As at 30 June 2023 2023 2022 Flxed as5•ts Tangible assets 5,236 &236 3.181 1181 Curront 8S8•t8 Debtors C8sh at bank and hand 12 3,484 138,823 142,307 16,9951 119,423 126.977 112,6741 CredFtcn'. amounts falliThJ due within one year 13 N•t currnnt asSOt8 135,312 140.548 114,303 117.4B4 Total a35ets less current Ilabllltbes Net #$$•ts 140,548 117.484 The fund$ ofth• tharlty Restrict incorne lunds 14 10.197 130.351 6,833 110,651 117A84 Unrestricted inrxJm8 knnds 14 Total funds 140.548 For the year ended 30 June 2023 ccmpany VAS entrfled to from audt under sedon 477ot the Companles Act 2006 relating to small ccYnp8nies. The mernbers have not r8qvir8d Ihe company an audit of its acwjnts for tha ar in question in accJxd2nce th 5eGtion 476. Th8 trusiéès aeknovAédg8 their reSpCsibAitIe for comF4y"ng the rwuirernents of the Act wth respect to accounting record5 and the preparats.on of accounts. Thsse wJnts h8V8 be prepa1 In a¢tsydanc8 wlth the provlslons applicable to (1)mnieS 5ubjecL to the 5rnall cJanIeS. r&3ime. The finanraal 5tsternen15 were app¥Dva and authorised for issue ty the Board and 51gned on it5 tEhaW ty. Mr5 Nicola North- Chair Trustee 28 November 2023 7of16
WcKking Together (Ludlow) Limited Notes to the Finanaal Statements For the year ended 30 June 2023 l. OtIng poll 8as15 of accountlng The financial statements have b88n prepared vnder Ihe hi%kn¢41 cost nVention, except inv8strn8nts which ara Inctuded al market value an(J the reValuats.c ol certain fixgJ assets aTrJ in aC£Ordan kn7th the Charities SORP IFRS 1021'Aco)untin9 and Reporting by Charities: Ststement ol Rernrnended Prdcti¢x 8pplicable to chatities preparing th8ir accounts in acttJrd8nce with the Finan&1 Rewrting Standard app5b in the UK and Republic of IreL8nd IFRS 1021 (effective 1 January 20191,, Fin8n(aal RerMing St8ndard 102 the Finar91 Reporfing Standard applicable in the UK and Republic of Ireland IFRS 1021. the CpanIeS AGt 2tKI6. Working Together (Ludlowl Lirnited meets the definthon of a publK benefft entity under FRS 102. Assets and 118bile$ sre illitialty reccgnksed at historical cost [Ytrdn5xb Wdlue unle55 Dtherwi%e 5tate(l in the relevant accounting policy notels}. Qolng concgrn The ac£Cnts have been drafted on Ihe ba8 thal the thawity 15 a 1x)nm. Funds Funds heks by the thanty are etth8r Unrestrict8d inD)me lunds aT8 th058 funds can be ed in a(lordan vhlh the tharitst4e objects at the discretion ofthe trustee5. Restricted funds are those funds thted f(K use in 8 P3rfi(xrfar are8 orfor WS. the use ofwhith 15 restiicted to that area or purpose. Incomlng resourc•s l incofning resources are in¢kJded the statement ol finanaal ad188 wh8n th8 Charity is "d to the inci)me and the amount can be quanlified with rea%)n3 traty. The folky9 specific Pole$ are applied to P8rti(xdar categories of in£ome'. Voluntary inctsme inctu(Iln9 donabons, legaryes and 9r8nts that prNde core fundirvJ cf are of a 9)eral natu is recognise(S wheTe there is entitlewt, certainty of receipt and the amount Ggn rn8asuTed wlh 5uffiLaent liabIlity. Deferred inwne represents amcwnts receNed fcw lubjre wiods and 15 rdeas&J to iM)ming resources in the wiod f¢ it has been reee1ved. Such incorne is onty deferred %then - th8 donor sp8cffiès thaithe grant Of donati must used for futtjre a¢xrNJnting Perij5", or - the dDnor ha5 imposed ¢cffiditKJns rnt b8 before Ihe tharity has uncond[tsaI enbllemenL InrnIng re8ourc8s frcffi rodaims art thchAad In tho stat•twnt offinan(aal athitss Vthen receNgJ. In¢ome derived from events k8 recogni5ed a5 eemed (that L¥, As the related g(tsJ6 or are provhledl. Investm8nt inccxne 15 raCognis on a receNable basks. Thè valuè of voluntsry help received is nol iicludd in the accx)unts. Donat•d $orvlco8 faclllt5os Donaied serwices 8nd facilitie5 are onty induded in C0[1n9 resour8 Iwth an equivaknt amount in resour expended) where the bwTrefft to the Chaty is r88n8Y quantifiab18, m8asurab58 8nd m8t8ri81. The valuo pla¢&l on thes8 re8oJrce8 is the estirnated to the Charity of the or fati5ity recived. Re8ources exptrnded Liabilities are Tecognised a8 r8sourc 8xpeniJ8d when Ihere is a leg81 or constructive oblgabon commitbng th8 Charity to the expenditure. Ml exp8nditurtr acwJnted for cr an accruaLs ba&s and has been da5sified utxleT headiros that aggregats all c$ Kled io Ihe calegw. charitab expendf(ure conprises those costs incurred by the Charty in the delery of its actDiibes and sÈrvl(s for benefioaries. It indudes b(th costs Ihat ¢an be alktsted dire¢lly to athvitw and those msts of an indirect natu n8cessary to support them. 8of16
WLYking ToJether {Ludlow) Limited Notes to the Financial Ststements Continued For the year ended 30 June 2023 Charitable activities The 8dfviti"8s of the Charity are those of de1cl wc skills a¥wJ PYDwding social opp(¥tsJniUes for its membeys. Support ¢0sts Support costs include c8ntral functions and hav8 been allcxated tts aetivity cost cat8gori8s on a bast5 nSIStntlm tho use ol resources. for exam8 albxAtsng staff costs by the tlme arKJ Lther c£ts by thr usage. Taxation The charily is exernpt frorn corpcKaticm tax on IL8 charitsbkn a¢tiTrthS. Tanglbl flxed assets Tanylble fixe(S assets, Dther than freehokl knd. are stsled at cost Wvaluati less depYe(aatK)n and any prO510n for impairnient. Depreaats"on is prOded af T8tes lCulated to write off the cost ¢J va5uats.on of fixed assets, less their estlmated sIdual value, (yver Iheir eerted useftjl fve5 C the fdbm.ng basLS'. Plant and rnachinwy 25% perantwm on cast 2. Incryne from donatlons and legacle 2023 2022 lund$ Donatbns reco8 9.196 9,19B 16,Ch)3 8.981 31,435 Grants CeIved 13.140 11r159 13.140 25,199 40A16 Analy$l6 of grants recolvod 2023 2022 Bag (>ethe Basil Houghton mem8 Trust BBC Chiltjren in Need 816 1.61x1 9,980 10,330 2.810 400 Connexus Hvmplwey Salwey Ludlow Golf Club Ludlow School 1,150 326 Ludlow Spring Fair Ludlow Town Counc National Lottery Community Fund Other 563 15,orK) 4,659 2,ON) 2.6QX) 2,0 1,800 2.W5 RVS Ludlow day Shropshire Council The Millichope Foundation Thè Wrskin Howng Group 2.300 2,Q)O 25,199 40,410 9of16
Wng Together (Ludlow) Lirnited Notes to the Financial Statements Continued For the year ended 30 June 2023 3. Incomg trgffl tharllabS9 a¢Y¥lY 2023 2022 Unr•strict•d funds Daytin7e aclivibes Food sales Members, ojntributsons 2,548 68,383 90,931 2.072 76,499 78,571 SoaalandActive PWS - Youth Club and DNeffty Members, o)nb8bubons 8ook Shop Income from tharitab a¢bVeS 1,565 32,931 23,201 125.502 103.337 4. Incomo oarned frrrfn oth•r aeWvttl•s 2023 2022 Unre8trlct•d funds other 8diwties f(x gener8tlng funds 1,985 S. In¥88tsnant Incom 2023 2022 Unr•strkt•d lunds Bank interest 1Vae 10 Investrnent incorre aiise5 frLYn InteSt eamed Dn the lunds he in the depjsit account 10of16
Worf(ing Together {Ludlow) Limited Notes to the Finanaal Ststements Continued F(K the year ended 30 June 2023 8. C05t5 01 charttable activitlos by fund type Unr•strfctsd fvnds R•strlcted funds 2023 2022 Daytime 8ctiwties Sttial and Active ProJ8cts - yth Club and Diverstty Community Fund Book Shop Support ()J5ts 87.384 1.841 89.225 1Q,399 62,842 10,271 7.935 15,000 19,110 9,723 18,247 11.761 18,247 11,761 119.856 9.776 129.632 116.946 7. Costs of thar114bh ad1viti by athity typ8 Actfv1o8 undgrtakon dtrgctty 2023 2022 Support ¢osts Dahtime activities So¢lal and ACte Projects - Youth ub and Divergty Community Fund 81)ok Shop 89.225 10.399 11,761 100,986 10.399 72.585 10,271 15,OLK) 19,110 18.247 18,247 117A71 11.781 129,632 116,946 8. Anatys18 of8upport costs 2023 2ts22 DaWm• a¢tlvltl•s AdministratK)n 2.798 3,592 978 1,521 5,302 396 Pfemises Insuran Subscriptions Repairs and maintenant 680 342 2,099 62e G0manCe costs 1,614 1.536 11.761 9.723 11 of16
Working TcJether {Ludlow) Limiled Notes to the Financial Ststements Continued For the year ended 30 June 2023 9. Staff costs TO1 staff costs for the year ended 20 June 2023 We.. 2023 2022 Salariè5 ard wages Soryal sec¥rity Costs Pension costs 84,498 74,534 1,446 1.058 835 87,001 75.369 2023 2022 Bwkshop Co¥nmunity Fund Daytime AvItIeS Diversty Youth Club 10 10 10. Comparative for the Stt¢menl of Financial ACt[tiES Unrestdcted lund$ Restrlcted funds 2022 Income and endowrynents fram: Donatk)ns and legades Charitable activities 13,646 102.450 26.770 887 40,416 103,337 Total 116,096 27.657 143.753 Expend5ture on: charitab activitie$ 191.4431 191A431 125,503} {25,5031 1116,9461 (116,9461 TL)tsl Nrt income 2,154 24807 Reconciliation of lunds Total funds brght forw8 Total fvnd8 tarrltd fotward 85.998 4.679 90,fj77 110.651 6,833 117,4B4 12of16
Working Together (Ludlow} Limited Notes to the Financial Statements Continued Forthe year ended 30 June 2023 11. Tanglble fl¥ed assets Plant and machlrffji C051 or valuatk At 01 Juty 2022 Additions 8,239 4,448 12.687 At 30 June 20rJ Depreclatlon At 01 Juty 2022 Charge for year At 30 June 2023 5,058 2.393 7A51 Net book valu At 30 June 2023 5336 At 30 June 2022 3,181 12. DEbtOTS 2023 2022 Amoutts du• wlthln Yr. Prepayrnents and accrued irwme Other debtS 215 3,484 7,339 7.554 13. Crnditors: amounts falllng due ¥JlthSn one year 2023 2022 Trade credito 423 2,374 5,127 5,173 Other creditors Accruals and deferred Income 6.995 12.674 Included in accruals ano defed income is £1.51Y) de*e frL¥n Shropshire Coun¢il. Ths will be treated as in¢ome in the year ersded 30 June 2024. 13ofT6
Working Together (Ludlow) Limited Notes to the Financial Statements Continued For the year ended 30 June 2023 Movomgnt In lund6 Unrestrfct8d Funds Incc4nlng r•soure•s Outgolng Balance at 3010612023 01107r2022 r•sourctrs Gener81 Bk Shop Divor5ity Daytirne Advltles Ycth Cjub 32,931 3,039 1¢Y2.685 118,247) 12,5811 199,0281 20.574 13.472 95,404 901 13,014 91.747 110,651 139.556 1119.856) 130,351 Unrtstrf¢tod Funds- Provloll6 y¢ Balte at 01107f2021 In¢¢)mln¥ resour¢es Ouigoing resourees B&18nce at 3010612022 G8ner81 Book s>p DNeTsty Daytime ACtiMts 25,000 119,1101 13581 171.9751 5,890 13,014 91.747 12.S)6 73.492 90.230 116,096 {91.4431 110,651 Purpos• of unrgstrlct•d Funds Youth Club This lund helps to provide weekty for 11 trj 18 yearolds. Diversity This projecE pr07d88 members with aCtiv"e5 aTKJ events that help them to buikj cOrenCe 8nd imwove their conmunication skills both within the group and the der PLblic. ook Shop 8ook$hop h88 brought a new fvnd¥ai5ing stream to th¢ tharity t(wherVIh new OPPJfiunities ts our memkers tr) get invoW in stodi mana9ernenl, eTrjoyrnenl of bo(s and sa18S. Dawme ACtiwtS This fvnd includes Ihe iniy)me and expenditure relating to fwd px(rfluL*on. sevrirwj bee and wrriter5' clubs. 14of16
Working Together {Ludlow) Lim¢led Notes lo the Financial Stalements Continued For the year ended 30 June 2023 Rostrlctsd Funds Balon¢e at 0110712022 Incorning Ou¢golng Balance at 3010612023 Daytirne Av$S Youth Club 1.200 2.810 10,330 11,6531 18.1231 2,357 13,140 19,7761 10,197 R88tr1thd Funth - Prevlou8 yèar Balanc• at 01107rd24 tgolng rosources Bal¥nc• at 3010012022 Community Fund Daytirne Activities Youth Cb 15.000 115.0001 15901 19,9131 4.679 10,867 5,633 27,fj57 125.5031 833 Purpo88 of Mstrleted YoLrth Club This project is nd8d by ChildM in N8ed to provhje Ywth Cktb fae5 ts 11 to 18 years okls. Community Fund The Communty Fund awarde(l a grant from 2019 10 21Y21 to enatle WcrfkiThJ Together develw and expand Its attmties by launching a n8w and improved daytiTne servKe offer, inmsyig acce55iibtlty and prowdiw opportuniti88 for wider Social indusicffl for its members. The luslg ver$ the $t crfcor8 Staffing. sessional Wofkers for 8dNite5. aGtNrty Sts, vohjnleer expenses, venue hire and organisab"al overheajs. D8ybme Actiw1$ ThisfiJnd includes the w>cvme exwdthre relating grarts for ¥eofic tterns to assist w1h daybrne actiwties. 150116
W(xking Together (Ludlow) Limf(ed Note5 to Ihe Financial Statements Continued For the year ended 30 June 2023 1& Analy$l8 of neta6$ets b8tw&8n fvnd• Tong1b Net currèrt N•tA$40ts ass•ts I Unrestvleted lunds General BtK)k Shop Diversity Dayb"me Activitses Youth Club 20,574 13.121 92,325 901 20,574 13,472 95.404 351 3.079 Restrfctetl lunds Daytin8 Activitses Youth Cbjb 1,699 107 658 2,7 7,733 7,840 5.236 135.312 140.548 Prevlous yr TgIb utablllU¢g1 Unrestrlcted funds General B(K)k Shop Diversity Da>tirne At*vrbes 5,890 13,014 90.743 5.890 13.014 91,747 Restrlcted fund5 Dayb"me ACtiVe$ Yotrth Cb 1,200 977 5.633 3,181 114,303 117A84 16of16