REGISTERED COMPANY NUMBER: 08027845 (EllR]and and Wale5) REGISTERED CHARITY NUMBER: 1148177 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR HALESWORTH CAMPUS Julu Tookc )thing House y Vicw B]lless Pk BaTnards Way )w¢stoft Sutrolk NR32 2HD
HALESWORTH CAMPUS cowrEiYfs OF THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31 MARCH 2024 Page Chair's Report Report of the Trustees Independent Examiner's Report ststement of Financial Activities Balancc SbcL* 8 to 9 Nrtes to the nancIal Statements 10 to 15 Detsiled Statement of Fiffjancial Activities 16 to 17
HALESWORTH CAMPUS CHAIR'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 This has continued kn be a very fnLstraiing year with liiile progr in our key aim of providing sts arwj leisure facilitics foT thc pcoplc of Halcsworth. Thc planning dcnwids havc bccn Gonsidcrdblc. alklmg costs and dclaying PTogrcss. Thc Ixwd is also CSci(S of the Infl10ary effecis on building costs which are pulting yet further pr&wwe on fimds. Negoliations with East Sutrolk Coullcil on an apwopriate commw)ity Infr>nIre levy uplift bave llot yet con¢lud¢d and hav¢ proved ditTiodi. Our appoinlment of East co1 AdmiDisiraiion and the lead taken by one of OUT tnLsieas OD the r]nances bave proved invaluablc. Th¢ finaKial rcporting is now clcar and giv¢s us ¢(fid¢¢¢. W¢ arc now in rc¢cipt of all th¢ capital from th¢ sal¢ ofkn(L This MODCY Rs hcld for us by Suffolk CouDly Council and is carning intUC5t. We are plead that groups in Ha]&sworth see the Campus site as a place that can be ed for other activitiffj and we to hclp comunI1Y groups by a]IowiDg usc of land wbcn w¢ can. Constraints bave been felt by our partner, Casilemeadow Car4 and building of the ce home hLs not progrw&l W¢ the next year will sce pmgrcss they will be an iinporianl pfirincf in our IalthY livin8 aims. Given thcsc difficulties. I can only- yct again- thank the dedication and c4)mmiirnent of thc board rnemkn. TODY Goldqon Chair of the Board of Tn]stK Pag¢ I
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Thc trustccs who arc a150 dircctOTS of thc tharity For thc pwposcs of th¢ Companics Act 2006. prc5cnt th¢iT TCPOrt with the financial staicmcnts of the charily for the yeaT ended 31 MaTch 2024. The tru5tsYs have adoptcd the Provisions of Accountitig and ReIng by Charilies: Ststement of Recommended PracticL applicable to chariiies preparing their accounts in accoTdan¢¢ with the Financial ]i¢ponin8 Swidard appli¢abl¢ in the UK and Republic of ireland (FRS 102) (cffcctivc l January 2019). OWEcfivFS AND AcfiviTIFS Objectives and ainis H&lL%worth carnp Trill offer a highvalIty and wular hub for SPOTLS, health and training, Sup[1n8 the rcsidcnts of Halasworth and surrounding communilics to live bappy, healthy and activc lives. Working with our maoy partners the cbarity will iKiDg togcthLT. coOrdMa and iDtrgrntc tbc D)any aCliYiti¢s thkiDg placc. suring thc Campus is grcatcr than thc surn of its paTts. Our offer of s(xviccs and facilities will have something fix every age group and every ability. Wrapd aroulld o PTimary oife¥ of srth and leisure facililies will be the health and s(Kial care aryl educalion aTbd training on offer by o paTiiicrs, crcating the fowidaiions of whai Iw bccn descriFKd in thc Eth Sutrolk Local Plan &s thc HaIvOr Hcalthy Neighbourb(. An haNCed physical enVIrMen1. a pla to me¢1. art and pufornw)c¢. volun*¢rim¥ and wmmuniiy hgagcmcnt ISS gumtions will k our way of incrc4sing thc W¢lliltiE atKI m(xhthl hcalth of community. Our vision aFrfwe is the thiveT for delivuiThg OUT Chlble objects: Thc provision of 5porL rccTcatsonal and Icisurc facilitics The provision of educalion and training The pmvision of facililies for usc by the COD)munity Tr promotson of physi1 alld nwital IKalth ADY othcT cbaritablc [SeS vthicb the trwtees of the Clwity may from lime to time coSIder kn bc c4Jmplimc•tary to th¢ foregoing Objccts. Ill cath (( Ihc bcllcfit of thc TCSi(knts of Halmortb and thc sum)utidiDg ar¢as. irrwtive of ag¢. guth. sexual oricntation, rd, rcligion, polilical or other opinion. This will be achieved thTougb the provision of direct servi$ and faci]iti&% arwj th[rMh aclively seeking collaTrM)ration and paTthcrship with othcr or8anisations. th¢ community and rLsid¢nts. Pag¢ 2
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJEcfivLs AND AcfiviTIFS Significant activities Achievements and perfDrniallce against plans set for 2023- 24 Thc ycar to March 2024 has ClIed to bc challcnging and frustrating. Deliving all thc planning coThlitions has ken much longer than hop1 so we ended the Ye with them Dol quiie compled. Our prefeTTed PTovider. Ev¢ryonc Activ¢. rcmains in thc background offcring advicc on plans wh¢n bth awaits furthcr confimatioth of thc dcvclopmcnl of thc spKJrts G¢ntrc bcforc gclling MOTC activcty involvcd. Thc conlinuiD8 (klays havc rnwil o ambitions for the art projcct and wcllkning scrvices aTe on hold. Plans for 2023 - 2024 l. Second planning gpplication $ubtnitted- December 2023 Not achieved. 2. Contrad siRned Tyith preferred operatin2 partner- March 2024 Everyone Active remains our pr¢fw¢d provider will be dCloped wiul tllore is %hieved in the planning proc¢ss. 3. Community Use agreement signcd- August 2023 NcgoliatiOD5 thc CUA contiDwd througboui thc yw and it was r]nally signcd a fcw rnoDths iDto 2024125. 4. CIL applicatiDn submitted for increased costs of phase one- June 2023 Th¢ appliution was submill¢d bul was nol a¢¢wted by Easl SulTo]k council who cballenged our figures and th¢ fonnal in which tly wuc submittcd. No application can bc madc until ApTiI 2025 avbd work has sthrtl in CVbSUTing that the bid staD(b up io SCTUtiny. 5. S¢ar¢ building work ¢0 levd the 3G pitch- Oc¢ober 2023 By thc cnd of ihc financial ycar, ncgolialions wcre complcted with UK Pow(f Network kn rcmove ibe legraph le in the middle ofthe siie. The money for this bas been paid but a slot lor the work has Th)1 yet been given. 6. Fundraising strate%y? based on completed business plan a%reed- November 2023 Not applicable to start this until planning has PTogre&sed furtbu. Th¢ business p]an is as comple 98 it can b¢ Trithout final confirn)alion of CIL funding. 7. Other community benefits to be planned and fundin% youoht as appropriate No long-lerni ¢ommw)ily benefits hav¢ be planned as yel bui the Campus sile is fr¢quellily used for Vario tiVItIeS Cg nbY training. th¢ INK slkxt play f¢stival. youth activiti. A. Expn55iDllS ofinterest sought for the running ofthe tommunity café- March 2024 Thc bTicf was complcd bul Dol pul out for EOI as t. Thc limiDg of this will k dqjrnd(t on plaDDing FKrtDiSSiODS forphasc two. b. ApoAID replacement - Campus CtinUe to contribute to the stralegic planning for the A110 Youth Club Tlac¢m¢t with indicativc knalions on thc Carnp silc incorwratcd into thc sccond p]anning application if applicable- DeccmbLT 2023 The Youtb Action Hal&swortb - Rural (YAH-R) group h&8 not beu) able to wjgress the re4iting of tbe Apollo Youth Club. li ffquir¢s ¢onsidmbl¢ Strai1¢ futthisiti& Campus r¢nwitis ¢ommitted to otreritig Ih¢m spa¢¢ lh¢ si* but is not the lead paTincr in thc TcplaCcmt. LtiOnS will bc inc[alCd at thc awropriatc timc. G Art project - application for grant to thc Art8 Council to bc writt¢N (ScptcmiK¥ 2023) rY to submild once thc rc5uIts of th¢ sccond planning application arc knm. Th¢ art projcct is in ab¢Yan until planning ofpbas¢ 2 is Pro Pag¢ 3
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJEcfivLs AND AcfiviTIFS Plans for 2024- 2025 l. Completc outstanding planning conditions on the fiT5t applicatii)n- Ocknbcr 2024 2. Furthcr CIL application submitt¢d- Fcbnwy 2025 3. Scc4)nd planning application Subrnitd- MaTcb 2025 4. Tclcgrnph p)Ic rcmovcd from 3G sitc- MaTcb 2025 5. B]llS plan and fundraising straw prO88ed Ls s(M)n &s infonnation 18 ktThn aboui CIL applicaliw - Mah 2025 6. Apollo rcplaccmcnt - Camp$ boaTd to continuc Io c4)ntributr to the stratcgic planning for thc ATM)Ilo Youth Club r¢pla¢¢m¢ni. Plans expe¢d F¢bn]ary 2025 7. Other community benefits kn be planned and fwidiDg sougbt as appropriaie. The cafe, the art PToject and well-being service are all Teliant on sucuss in progressing the planning application for the sports centre. No fkn WOTk is likely in this financial yw. 4>ublic benefit ststement In Shaping our obJIly¢S for the yw and planning ow tiVitieS Ibe truses have considml Ihe Cbarily Commission's guidancc on public brncfit, including thc guidancc 'public bcfit.' Tunning a chaTity (PD2)'. Thc achicvcvncnts and activities above denN)tra the public beDefil arisiDg througb the Charity's activiiies. STRucfuRE, GOVERNANCE AND MANAGEMENT Struethre and Governance Halesworth ca$ (HC) is a cbarily sel up Is a chari&ble limitrd company in 2012. 11 is led by a boaTd of voluDlary trust vtho mcct Tnonthly. Thc trustccs ar¢ thc m¢mits. Thue is an agreed job dMiption and persrth specification the Tole of trStee. RecruithThi is thr(h Irnl advertisu)Thl and local CA)ntscts. The Tr1¢$ are appoin*d by a majority vole of the Mcmbus. New Trust are PTovided with the appropTiaie (locumenialion relating to the ChaTiIy's Tesponsibilities. financial condition and obligations and gov(¢C. and tly aTC offcTcd induction scssions conductcd by an CXPCTicnccd Trustcc. Thc Tntst¢L8 a¢ting as an Ex¢¢utiv¢ Comrnitt¢¢ hav¢ oycrnll T¢SP)nsibility foT th¢ activiti of th¢ ChaTity. The EXec1ve Committec Itets ttKJDthly with individuals taking on specific TespotL8ibiliti&s. In July 2020. a W&IlY OWDcd subsidiary wmpaDy. HalcswoTth Camws EllWri5. was 5Ct up through which thc constructiOII Costs viill bc channcllc(L This will VAT savings on thc build projc£t. Four of thc tharity ItC are the Directors. Pag¢ 4
HALESWORTH CAMPUS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Ri4k management A cents3liscd administrative system covering all p)licies and PTocethNes Televant to the cokn of the HaleswoTth Campus's actsviiies is in pl and upda*d accordingly. A risk regisi¢r is in pla and uted and monilored Tcgularty. FiTbancial risks aTC monitoTl by the Trustcc Tcsrthsiblc for the accounts and aTe Tcrmwtcd to thc TTU%tux' Exetive Committee tlleetiDg8. On- off-sile activiiies are e&Sed frA risk OD an individual bas. Invu¢ment powers and PDIicy The TrteeS bave kept review the most appTowiate trf)licy for safeguarding the value of and Teturn on surplus funds. Thcy bavc fowid that UDdcr cwrcnt conth.uons bank dcposii accounts PTovidc thc aPPTopriatc (ombination of sccwity and acccssibility. REFERENCE AND ADMII¥ISTRATIVE DETAILS Registered Company number 08027845 (England and Wales) RLYiStered Charity number 1148177 3 Fair5tead Cottages Stthall Halesworib Suffolk ]P19 ORF Trus¢ces A B Abboii A P Gol(L8on C A BockJ"ng D J Gallagh¢ L K L£lean E J Moseley S J Weeks Independent Examiner Julcr Twkc Lothing Ho Quay Vicw Busin$ Patk Barnard5 Way Lowcstoft Sutfolk NR32 2HD Approvsj by order ofthe Ixyard of trse5 on 22 Novernb 2024 and signed OD its behaifby: L K i£lcan- Tn Pag¢ 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTELS OF HALESWORTH CAMPUS llldepcndcnt cumiller's report to the trustces of Hal(swortb Campus {'tbe Company) i re the charily trteeS on my examina11 ofthe accounts of the Company for the year ended 31 Marcb 2024. R¢Sn91b7]itie5 and basis of report As the charily's trustt%s of the Company (and also its diTLYtors foT the pwwes of c4)mpany law) you are resnSIble for the preparation ofthe accowits in accordance with the requirements of the Companies Act 2006 (the 2(m Act). Having satisfied mysclf that thc accounts of thc Company arc not rcquiTLxJ to bc auditcd undcT Part 16 of the 2)6 Act and are eligible (or independeni examinatlOD. I rerKKL in res1 ol my exan)iDalion ofyour cbarity's ac£owits caThied out undcr Sc¢tion 145 of th¢ Charitics Act 2011 Cth¢ 2011 Aci). In cwrying out my cxamination I hav¢ follow¢d thc DiTcdioDS givrn by thc Charity Commlssion utKkr ScGtiOD 14515) (b) of th¢ 2011 knt. Independent ezaminer's statsmeDt I bavc complc*d my cxaminalion. I CQDfm that njattcts bavc conjc my attcll1i itt connection with th¢ cxamination giving mc L¥USC to ilicYc.. accA)uniiti8 records were ttot kept in reScL ofthe Cow Iq r4uired by Scclith1386 of the 2(M)6 Ad. or the accounts do not aCcd with those rewTds' OT the acc4)unts th) nol comply with thc accounting rcquircmcnts of SLXtion 396 of thc Act other than any r¢quiremethi thai th¢ accounts give a tsue and fair view wbicb is mot a maiw Ccrfhstdml as pan of an indeId¢n1 cxarnination" or accowits have Doi been PTepar&l in aco)Tdance with the metrrfmls and Winciples of the Statrn)ent or Rccomended Practice foT acc4)unting and rq]ng by chariti&8 (applicable to chaTiti&s prcpaTing their aGcouDts ID a)rthcC with thc Financial R¢tIng Standard applicabk ID thc UK and Rcpublic of trdaDd IFRS 102)). I bave no concuns and bave come across no other MallS in conntiOn wilh th¢ examination kn whith al11 should bc dravrn in this TLVOrt in Lydcr to cnablc a propL¥ undcT5tanding of thc acciNJnts kn bc rcachLxJ. Peter Boarthnan of Juier Took4 AccA)un12nts The A5lation of Acc4)unting Teclmicians Juiff T(M)k¢ [thing Hous¢ Quay View BusiDSS Patk Barnar(Ls Way Lowcstoft Suffolk NR32 2HD Pag¢ 6
HALESWORTH CAMPUS STATEMENT OF FINANCIAL AcfiviTILS FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 Total UnTCStrict fimds Rcstrictcd fund5 INCOME AND ENDOWMENTS FROM Jnveslment inCe 65.178 65,178 9.125 EXPENDITURE ON Raising funds 38,554 38.554 47.539 27,512 Totsl 38.554 38.554 75.051 Nct gains on inYcstm¢nts 1.5(M).(MM) 1.51MI.000 NET II¥COMEI(EXPENDITURE) Other recognised gainsloosses) Gains on rcvaiualion of fixcd a&qets 1.526.624 1.526.624 (65.926) 71.667 Net movement in nd9 1,526,624 1.526.624 5.741 RECONCItJATION OW FUNDS Tot funds brought forward 21.9 4.1(M) 26.009 21.268 TOTAL VUNDS CARRIED FORWARD 1.548.533 4.1(M) 1.552.633 27.(M19 surp1£ and Deficit Acxount 968 Posting discrcpancics wcrc found in thc Tcservc ac4ounts listul lOw. This is b(tawc bTought forward postings i lh¢ owrelll year ar¢ nol eqwal lh¢ figures carri¢d forward by IRIS al 1k C1 of last y¢ar. Please cbeck yow pxislings in tb¢ brought forward aCCot for thc SUtph and d¢fi¢it accowt 968. untriCtlxl fuDds TO fwid5 Brrmgbi forward- 96811 21.909 21.909 CaTricd forward 22.909 22.909 1.000 Post to relevanl aCcOts (see ICHA cbart of accounts foT fwther ddails) The not&% folm part of these fmaDcial siaiemeDts P7
HALESWORTH CAMPUS BALANCE SHEET 31 MARCH 2024 31.3.24 31.3.23 Total UnTCStrict fimds Rcstrictcd fund5 FIXED ASSETS Tangiblc assets 403.883 403.883 403.883 CURRKNT ASSETS Ikbtors C&%h at bank 1.158.367 5,367 1.158J67 9.467 1.442 10.996 4.1 1.163.734 4.1(M) 1.167.834 12.438 CREDITORS Amounts falling the within one year (19.084) {19,084) (220,049) NET CURRENT A&SETS 1.144.650 4.IIM) 1,148.750 (207.611) TOTAL ASSETS LESS CURRENT LIABILITIES 1.548.533 4.1(M) 1.552.633 196.272 CREDITORS Amounts falling aftff more than one y (169.263) NET ASSETS 1.548,533 4.1 1,552.633 27,(M19 io unrestric funds R¢stri¢tcd fidS 1,548.533 4.1(M) 22.909 4.100 TOTAL FUNDS 1.552.633 27.009 Thc charitablc company is cntitlcd to cxcniption froTn audit Scction 477 of the C4)mpanics Act 2(NJ6 for thc ycar ¢nd¢d 31 Mah 2024. Thc membcrs havc tK)t rcquircd the company lo obtain an audit of its fmallcial statemellts for the year eD(kd 31 March 2024 in acc4yrdancc with Scction 476 of the Companics Act 2006. Thc trnstccs acknOWl]gC thcir TC5ponsibilitiL3 for (a) ens]ng that the chan'table company keeps acxoullting records thal comply with Sedions 386 and 387 of the Comp8nics Acl 2006 and prcparing financial statcmcnts which givc a tru¢ and fair Yi¢w of thc staic of atraiTS of thc charithblc company as the end ol cach r]nancial yeaT and of ils surplus or deficit for each r]nancial yeaT in accoFdaDce with the uircmcnts of Seclions 394 and 395 and which otherwise compty with the rcquiremcnts of the Companics Act 2( r¢lating kn fmattcial Sth*m¢llts, so far as appli¢abk kn the cbarithble c4)mPW)y. (b) The not&% folm part of these fmaDcial siaiemeDts Page 8 conlitiued...
HALESWORTH CAMPUS BALANCE SHEET- continued 31 MARCH 2024 These fmancial stateMts have been prepared ID accA)rdaDce with the w1visi applicable to charitable companies subjcct to thc small companics rcgimc. The financial statemts wue approved by the &)ard of Trt9 and autknTised for i&we ot) 22 November 2024 and were signed on its behalf by: L K l£lean- Tntstre C A Bocking- TnLStee The not&% folm part of these fmaDcial siaiemeDts P9
HALESWORTH CAMPUS NOTFS TO THE FII¥ANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basi9 of preparing the financial statements The fthancial statements of the clwitable company, which is a public befit entity FRS 102. have been prepared in accordan¢e with th¢ Chariues SORP (FRS 102) 'A¢cow)iin8 and R¢poning by CbaTili¢s: Sthtemeni of RLY4ymmcndcd Prncticl applicablc to charitiCS Preparing thciT accounts in acCOTth with thc FinaTKial RerM)rtiDg StaDdaTd applicable in the UK aDd Republic of treland (FRS 102) (etreciive l January 2019y. Financial Rwrting Stsmdard 102 'Thc Financial Rcporting Standard appli¢abl¢ in thc UK and R¢publi¢ of IT¢land' aDd thc CompaDics Act 2(M)6. Thc finala1 5thknncDts hav¢ PrYT widcr thc histori1 c05t coDveDtion, modified by the TevaltiOn of cutain &sscts. Incornc All inCmC is rccognisl in thc Stsmcnt of Financial Activitics oncc thc cbaTity bas Lxtitlcmcnt to thc fimd& il is probable thai the income will be receiv&1 and the amowil ¢an k measured reliably. Expenditure Liabililics aTC Tccogniscd &s cxpcnditurc as s &$ thcrc is a Icgal or consiTuclivc obligation C4)mmilting thc chariiy io that expnd1tU il is probable that a transf of economic b¢n¢fits will b¢ required tn settl¢m¢nt and thc amount of thc obligation mlxsud lIablY. EXpth"1C is accountcd for on an ac¢nthls basis and I been classified under headings aggregale all cosl relatal to the calegory. Wbere costs caDDoi be directly attTibut(aJ to particular headings they have bccn allocated to activities on a b&sis c4)nsistent with the use of Tangible fixed assets Dy¢ciatson is provided at the following annual ratrs in order write otT each a1 ovu its esiijnated u8¢fwl lifc. Taxa¢io The clwity is exempt from COTrMKation t&x on its charitable activilies. Fund accoulltillg Unrcstrictcd funds bc uscd in accoTthcc with th¢ clwithblc ObjIlv¢S at thc discTdion of thc trustCCS. R&stricted can ot)ty be used particular Testricted pU[SeS within the objects of the clwity. Restrictions aTise Splfied by the thnof or TWI filnds are Taised foT particular restrict1 tAllPO8es. Further explanation of the nature athl pu[Se orch fu1 is inclth it) the to the ruwla1 slatements. INVESTMENT ]NCOME 31.3.24 31.3.23 Rrnts fcccivLxI DeEKJsit accouDI interest tetest re]vable- trading 10.060 743 54.375 9.118 65.178 9.125 Pag¢ 10 continucd...
HALESWORTH CAMPUS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 TRUSTELS, REMNTION AIYD BENEFITS Therc were no trustees, Temunall0 or other balefits fLY the year end1 31 March 2024 ry)r for the yeaT end 31 Marcb 2023. Tntets' expensl Th¢rc wcrc no Irustc¢s' cXkKnS paid for thc ycar o)d&l 31 Marcb 2024 nor for tk ycar Cndcd 3 1 Marth 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unr(Strickxl Rcstrictcd fimds Total fid5 INCOME AND ENI)OWMEIYTS FROM income 9,125 9.125 EXPENDITURE ON Raising funds 47.539 47.539 Other 27.512 27.512 Totsl 75,051 75,051 NET INCOMEI(EXPENDITURE) Other recognistd gain8lOossey) Gains on revalualion 0[red assets (65,926) (65,926) 71.667 71.667 Net movement in fvndg 5.741 5.741 RECONCILIATION OF FUNDS Totsl fuDth brought foTward 17.168 4.100 21.268 TOTAL VUNDS CARRIED FORWARD 21W9 4.100 27.(M19 Pag¢ll continucd...
HALESWORTH CAMPUS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 TANGIBLE FIXED ASSETS Improvcrncnts Fr?4)]d Toth]s COST OR VALUATION At l April 2023 and 31 MaTcb 2024 153.883 250.000 403.883 NET BOOK VALUE At 31 MaTcb 2024 153.883 250.000 403.883 At 31 MaTcb 2023 153.883 250.000 403.883 Cosi or valualion al 31 March 2024 iq represenknl by: Freebold propcrty Valuation in 2024 153.883 250.000 403,883 DEBTOILS: AMOUNTS FALLING DUE WITHtN ONE YEAR 31J.24 31.323 TTadc dcbtors Othcr dcbiors Pr¢paym¢ttts 200 375 867 1.157.114 653 1.158,367 1.442 CREDITORS: AMOIiNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other loans (scc note 9) Trade u¢dilors 2,910 880 15.294 6.298 198.273 15.478 19,084 220.049 Pag¢ 12 continucd...
HALESWORTH CAMPUS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 CREDITORS: AMOIiNTS FALLING DUE AFTER MORE THAN ONE YEAR 31.3.24 31.3.23 Othu loans (see th)te 9) 169.263 LOANS AD analysis of thc rnalwity of loaDS is givcD bclow: 31.3.24 31.3.23 Arnounts lalling duc within onc ycar on dCrn: Oihu loans 2,910 6298 Amounts rlIng due between two and five years: oth loans- 2.5 years 4.151 Amounts falling duc im MO than fiv¢ ycars: Repayable by ItalMents. 165.112 MOVEMENT IN FUNDS Nel movcmcnt in fuD(Ls At 31.3.24 At 1.4.23 Ullnstrictcd funds Gcncral fu1 21.W9 1.526.624 1.548.533 Rtricted fvndy Rcstrictcd fimd 4.IIM) 4.1 TOTAL FUNDS .526.624 1.552.633 Nct mov¢Mt in fimds. in¢ludcd in thc aiN)v¢ arc 08 follows: IDC4Jming Gains atMI Movemenl in fwids cx Unrestricted lld8 Geral fu1 65.178 (38.554) 1.500.000 1,526.624 TOTAL VUNDS 65,178 (38.554) I.5.000 1,526,624 Pag¢ 13 continucd...
HALESWORTH CAMPUS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS- continued Comparatives for movement in fvndy Nei movemcnt in IuDth At 31.3.23 At 1.4.22 Unrestricted funds Gcncrdl fund Rcvalualion Rcserve Fund 17.168 (65,926) 71,667 (48.758) 71.667 17.168 5.741 Restricted funds Roqtricicd fund 4,IIM) 4.IIKI TOTAL VUNDS 21.268 5.741 27.IK Comparative net movement in fimd%. included in the above aTe as follows: IDGoming Gains and Moyernent in fill)ds Unrtstri¢trd ndS GcDcral fund Rcvllualion Rwvc Fw)d 9.125 (75.051) (65.926) 71.667 71.667 9.125 (75.051) 71.667 5.741 TOTAL VUNDS 9.125 (75.051) 71.667 5.741 A current year 12 months and PTior year 12 nM)ntlLS combined sitiOn is follovts: Nct Ai 31.3.24 At 1.4.22 in fimds Unrestricted lld1 G6Cra1 fuDd R¢valuation RLWVC Fund 17.168 1.460.698 71.667 1.477.866 71.667 17.168 1.532.365 1,549.533 Rcstrieted fvndy Rcstrictrd fund 4.1) 4.1 TOTAL FUNDS 21,268 1.531365 1.553.633 Pag¢ 14 continucd...
HALESWORTH CAMPUS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS- continued A cuwt year 12 rnth5 and PTIOT yeaT 12 llM>nths combingj Tt movement in fimd& includal in the above are Ls follows.. Inc4)ming Rcsources Tesoutc& expend Gains and Move7ncnt losses Unrestricted funds Gcncrdl fund Rcvalualion Rcserve Fund 74.303 {113.605) 1.5110.000 71,667 1.460.698 71.667 74.303 (113.605) .571.667 1.532.365 TOTAL FUNDS 74,303 {113.605) 1.571.667 1,532,365 ii. RELATED PARTY DISCLOSURES There we no Telatol party traa¢ll0 foT the year end 31 March 2024. Pag¢ 15
HALESWORTH CAMPUS DETAtLED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 Invatht income R(ts T(1Ved Deposit accouDI iDieTest Int¢r¢st r¢ccivabl¢- trading 10.060 743 54.375 9.118 65.178 9.125 Totsl Incomlllg resources 65.178 9.125 EXPENDITURE (kher tradin% aetivitiey Commission 170 SuppDrt costs Managemellt Ratcs and watLY IDSUTance Profassiollal fe Sundties Mcctings & WoTkshops 154 1.085 162 839 990 350 842 70 2218 3.183 Finanee Bank cbarg&s 69 96 Information tecbnology Repairs and Tenewa]s 3.814 4.746 Other 2 Advertising Bank loan interest 301 976 120 391 1.096 Govcrnance costs Profcssiomal fccs Accountancy fees IEgal fees 27.471 792 3.799 37.139 736 27,885 32.062 65.760 Total resources exkKtthd 38.554 75.051 Net illcomel(eipellditsre) before gal3 and 26.624 (65.926) This pagc dLK5 not fi)rni part of thc statutory fiJ]ancial statcmcnts Pag¢ 16
HALESWORTH CAMPUS DETAtLED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 31.3.23 Realiscd recognised gains and losses Realiscd gainsloosses) on PTogrdmme related inveslmemts 1,500,000 Net incomel(eApenditsre) 1.526.624 (65.926) This pagc dLK5 not fi)rni part of thc statutory fiJ]ancial statcmcnts Pag¢ 17