2022-09-30-accounts - Lightwaves Community Trust

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			Page
Report ofthe Trustees		1	to	6
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		9	to	10
Notes to the Financial Statements		11	to	19

						2022	2021
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	f.
INCOME AND ENDOWMENTS		FROM
Donations and legacies					37,992	37,992	165,573
Charitable activities
Sports facilities income				70,279		70,279	39,'489
Other trading activities				185,555		185,555	140,542
Investment income				38		38	12
Total				255 872	37992	293864	345,616
EXPENDITURE ON
Charitable activities
Management and administration				68,270	17,004	85,274	124,304
Events				10,805		10,805	3,438
Publicity and promotion				150		150	3,333
Premises				127058	5 795	132853	118809
Total				206 283	22 799	229 082	249 884
NET INCOME				49,589	15,193	64,782	95,732
RECONCILIATION	OF FUNDS
Total funds brought forward				88,989	36,486	125,475	29,743
TOTAL FUNDS CARRIED FORWARD				138578	51679	190257	125475

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets			23,181	23,181	28,976
CURRENT ASSETS
Debtors		34,822		34,822	27,901
Cash at bank and in hand		174 106	28499	202 605	137056
		208,928	28,499	237,427	164,957
CREDITORS
Amounts falling due within one year	10	(70,351)		(70,351)	(68,458)
NET CURRENT ASSETS		138577	28,499	167076	96,499
TOTAL ASSETSLESSCURRENT
LIABILITIES		138,577	51,680	190,257	125,475
NET ASSETS		138577	51680	190257	125,475
FUNDS
Unrestricted funds				138,577	88,989
Restricted funds				51680	36,486
TOTAL FUNDS				190257	125475

		2022	2021
Events catering income		28,769	4,441
Miscellaneous income		28
Rents receivable		156,758	135,821
Cafe			280
		155555	140542
INVESTMENT INCOME
		2022	2021
Deposit account interest		38	12
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		2022	2021
Depreciation - owned assets		~5795

STAFF COSTS	STAFF COSTS	STAFF COSTS
The average monthly number ofemployees			during	the year was as follows:
					2022	2021
Management and administration					2	2
Premises					4	4
No employees received	emoluments	in excess of860,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
INCOME AND ENDOWMENTS		FROM
Donations and legacies				4,425	161,148	165,573
Charitable activities
Sports facilities income				39,489		39,489
Other trading activities				140,542		140,542
Investment income				12		12
Total				184468	161,148	345,616
EXPENDITURE ON
Charitable activities
Management and administration				24,721	99,583	124,304
Events				2,572	866	3,438
Publicity and promotion				49	3,284	3,333
Premises				87,318	31,491	118,809
Total				114,660	135224	249 884
NET INCOME				69,808	25,924	95,732
RECONCILIATION	OF FUNDS
Total funds brought forward				19,181	10,562	29,743
TOTAL FUNDS CARRIED FORWARD				88989	36486	125475

8.	TANGIBLE	FIXEDASSETS
				Fixtures
			Sports	and
			equipment	fittings	Totals
	COST
	At 1 October	2021 and 30 September 2022	3,469	~30119	~33588
	DEPRECIATION
	At 1 October	2021	3,469	1,143	4,612
	Charge for year			~5795	~5795
	At 30September 2022		~3469	~6938	~10407
	NET BOOK	VALUE
	At 30September 2022			~23 181	~23 181
	At 30September 2021			~28 976	28,976
9.	DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
				2022	2021
	Trade debtors			33,288	26,483
	Prepayments	and accrued income		~1534	1,418
				~34 822	27 997

CREDITORS: AMOUNTS FALLING DUE WITHIN	ONE YEAR
	2022	2021
Trade creditors	30,847	13,429
Other creditors	23,250	29,000
Accruals and deferred income	~16 254	~26 029
	~70351	~68458