REGISTERED COMPANY NUMBER: 08364680 (England and Wales) REGISTERED CHARITY NUMBER: 1154536
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2023
for
Burnham Community Association
Two Rivers Accountancy 38 Eton Wick Road Eton Wick Windsor Berkshire SL4 6JL
Burnham Community Association
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 7 |
| Independent Examiner's Report | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 to 11 |
| Notes to the Financial Statements | 12 to 17 |
Burnham Community Association (Registered number: 08364680)
Report of the Trustees
for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Burnham Community Association is one of the largest and most active charities in the village. We have some 250 volunteers and directly or through our committees provide services for the wellbeing of people in and around Burnham. Our main activities are divided up as follows:
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Round and About which as the bi-monthly village magazine provides information and insight on village activities, delivered by our volunteers to residents' doors
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The BCA organise an annual Village Fête which is both a great community event and a source of fund-raising.
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The Friends of Burnham Library which works to sustain and increase the range of activities at the library
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The Monday Club which provides fun activities and a meeting place for some of our older citizens
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Our Transport Group which operates the familiar BCA minibus for the benefit of those less able to get around under their own steam and the Good Neighbour Scheme whose volunteers provide transport to medical and similar appointments.
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The Village Information Point, based in the BCA Office in the Library provides information on a range of public interest items about the locality, village matters, history and events.
The day to day work of BCA is undertaken by a number of sub groups or committees and their activities are summarised below:
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Burnham Community Association (Registered number: 08364680)
for the Year Ended 31 March 2023
Report of the Trustees
OBJECTIVES AND ACTIVITIES Significant activities
1. Round and About
BCA's community magazine is normally delivered free six times a year to homes in Burnham, Taplow and Dorney and is also made available in shops and community institutions. It provides local news and information on events, services and activities, and carries advertisements for local businesses which provides the income needed to cover costs. The financial objective is to make a small annual surplus to provide reserves for unforeseen circumstances. The Covid pandemic caused a drop in advertising revenue and that together with cost inflation since has led to an increase in costs, and after two years of losses there was a modest surplus of income over costs in 2022/23. A significant anonymous donation increased the surplus. Around 8500 copies are normally printed for each issue and a team of over 120 volunteers turn out to undertake the complex logistical challenge of delivery of the magazine directly to the doors of local residents.
2. Fête
The Village Fête took place on its usual second Saturday in July. We saw an increase in the number of Eco Floats, with decorated hand-powered vehicles such as prams, wheelchairs, pushchairs, bicycles or wheelbarrows to the Fête theme of the Jubilee. This was won by Thames Valley Police Cadets with a representation of a Royal procession.
In addition, the Prize Draw is a major generator of funds for the various BCA activities and attracted a good amount of ticket sales, although we could always do with more. The generosity of local businesses in supporting the draw with prizes is much appreciated.
The Dog Show was well supported and we were entertained by Sing4U, Michelle Mellor's Dance School and a musical drill display by the Police Cadets, which caused great amusement.
Arrangements for the 2023 Fête are well under way and we look forward to seeing local organisations represented as stalls and everyone coming along to enjoy an entertaining afternoon.
3. Friends of Burnham Library
The Friends have continued to support the Library with a range of activities and fundraising ranging from Café and coffee mornings/cake sales through to two very successful Plays Nights, where we were entertained by the very competent writers and actors from Prompt Productions. At Christmas we ran our Prize draw and again were grateful to the support we get from generous local businesses and villagers who bought tickets.
We again sold a considerable number of Christmas Cards to support a range of charities, especially our Partner, MacMillan for who we also raised money through a cake sale and coffee morning. Purchases of books for the summer reading challenge was made to ensure that there were a range of recommended books available. We also funded the provision of the Warm Space in the Library following the decision by the Council to offer this facility for those who might be suffering from the increases in energy costs.
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Burnham Community Association (Registered number: 08364680)
Report of the Trustees
for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES
One strange event was the theft of the cover from the Library Gazebo, immediately prior to the Fête, but we were able to obtain a new one, before finding the stolen one being used as a tent for a rough sleeper in the Park hedges, which then of course, had to be scrapped!
4. The Monday Club
The Monday Club is a structured social club for the local, older section of Burnham residents. It has been running since 1967 and originally targeted the over 55's. Nowadays, most of the Members are in their 70's and 80's with several in their 90's. We have 35 Members on our books with about eight needing transport that is provided by the BCA minibus. For 18 months during the Covid pandemic the Club was closed, reopening in September 2021. The Club runs on a Monday afternoon from 1pm to 3pm and is staffed entirely by seven Volunteers.
Sessions start with half an hour for tea, coffee and a catch up, plus puzzles, word searches, Sudoku and crosswords on the tables to complete whilst chatting, during which, the register and subs are taken. The last half an hour is reserved for a game of bingo - a great favourite. The objective is to provide, not just a tea and bingo meeting, but something extra in the middle of the session that provides an interesting, enjoyable and uplifting hour. We constantly strive to find topics and activities that will interest, amuse, entertain, inform, inspire or educate. Recent activities have been: quizzes, seated aerobics, raffles, cake sales, fish & chips, sing-alongs, mini shows, a visit by a Parish Councillor, buffets, advice from an Optometrist, a birds of prey presentation and a performance by a balloon magician. There have also been trips out for meals at a garden centre, pub and hotel.
The Monday Club ensures that Members have somewhere different to go rather than sitting in front of daytime television on their own. For some it is one of the highlights of their week, for a few it is the highlight as it is the only time they leave their home. We will continue to work hard to enhance the lives of our Members.
5. Transport Group
BCA provides two community transport services using volunteer drivers:
The Community Minibus Service provides transport throughout the year enabling many elderly people to go shopping, to attend weekly clubs and social activities and to go on a wide variety of outings. The minibus is also used by a number of local community groups and charities. The service is charged at £2.00 per mile.
The Good Neighbour Scheme provides a local transport service to hospital and health related appointments for local people without any other means of transport available. Volunteer drivers use their own cars to take patients to GP, clinic and hospital appointments. Passenger donations cover the cost of providing the service.
Both transport services are fully active with the minibus providing weekly transport for the Monday Club, Tuesday shopping trip, Thursday CAMEO Club and Friday ASDA shopping trip. Penn House Ladies book the bus every 2 to 3 weeks for a shopping trip to Maidenhead and a number of local organisations regularly book the bus for various outings throughout the year.
6. Village Information Point
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Burnham Community Association (Registered number: 08364680)
Report of the Trustees
for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES
The Village Information Point is continuing to collect and provide a wealth of local information and work has started to put some of this online. Thanks to the generosity of a Burnham Historians donation it has been possible to bind a further set of Round and About Magazines for future access by anyone interested
Public benefit
The Charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.
FINANCIAL REVIEW
Financial position
BCA generated a loss of £2,166 for 2023 (2022 £9,092 loss). With the Covid-19 pandemic now largely over, we have seen quite a substantial increase in our profitability compared to last year. We are encouraged that we might be able to show a profit next year.
Regular income was up by 31% and total income, including donations was up by £12,201 or 39%. The Transport group's income increased by £4,598 as the minibus usage returned to near normal. More events returned to the library which meant that income increased by £1,196. Round & About income also increased by £3,162 as advertisers started coming back. Monday Club's income increased by £2,046 as the club got back to normal operation. The Total income was boosted this year by an increase in donations of £2,659
Overall expenditure increased by £5,271 or 13% over the year. This was to be expected as all activities got back to near normal following the pandemic. However we did see a general increase in costs due to the economic pressures that the whole country are experiencing and the general increase in the cost of living.
The directors are pleased with the results this year and now that we have come out of the pandemic we remain encouraged that activities will continue to flourish.
Reserves policy
BCA holds sufficient funds in reserves to ensure it can meet its identified cash flow needs and a range of identified but unexpected expenditure as well as saving for anticipated commitments such as ongoing lease costs of the minibus.
Even though current reserves have been impacted by the pandemic, they total £41,366 (2022 £43,532). The BCA maintains a number of operating current accounts for each sub-committee. The current account for the Friends of the Library is "ring-fenced" and can only be used by the Friends of the Library as stipulated in article 7.4 of their constitution and by-laws. The BCA also maintains a Reserve Savings account at CAF Bank with a balance of £12,000.
FUTURE PLANS
BCA relies on volunteers for all aspects of its work and currently has about 250 people engaged in the above activities. In the year ahead we will be endeavouring to recruit more volunteers, in particular minibus drivers, good neighbour drivers and helpers for all our activities.
We will continue to keep our Facebook page up-to-date as it has proved very popular with people in the community.
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Burnham Community Association (Registered number: 08364680)
Report of the Trustees
for the Year Ended 31 March 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Burnham Community Association (BCA) is a charitable company limited by guarantee. It was registered with Companies House (Company No. 8364680) on 17th January 2013 and achieved charitable status on 11th November 2013 (Charity No. 1154536).
BCA is governed by a Memorandum and Articles of Association as amended by a Special Resolution registered at Companies House on 9th October 2013 and its objects are as follows:
To promote the benefit of the inhabitants of the civil parish of Burnham, Buckinghamshire and the neighbourhood together (hereinafter called the area of benefit) without distinction of sex, sexual orientation, nationality, age, disability, race or of political, religious or other opinions, by our own activities, or in association with one or several of (a) the said inhabitants, (b) the statutory authorities, (c) voluntary organisations (d) other organisations, in a common effort to advance education, relieve poverty, promote health and to provide facilities, services and funding in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.
Recruitment and appointment of new trustees
BCA is managed by a Board of Directors who are selected, in accordance with Sections 34 to 37 of the Memorandum and Articles of Association. Retirement of Directors is in accordance with Sections 32 to 33 of the Memorandum and Articles of Association.
As BCA is a charitable company, the Directors of the Company are also trustees and members of the Charity and are responsible for ensuring compliance with both Company Law and Charity Commission requirements.
BCA has a number of committees that operate according to bye-laws approved by the Directors. The committees manage some of the day-to-day operation of the various activities of the organisation.
At the Annual General Meeting, a third of the directors must retire by rotation, but are eligible for reappointment.
Organisational structure
Burnham Community Association is a membership organisation with three categories of membership: individual, corporate and associate. Individual and corporate members are entitled to vote at any general meeting of BCA. Associate members may attend general meetings but may not vote. The liability of individual and corporate members is limited to a sum not exceeding £10, being the maximum amount that each member undertakes to contribute to the assets of the Company in the event of its being wound up and being unable to meet its financial obligations, while he or she is a member, or within one year after he or she ceases to be a member.
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Burnham Community Association (Registered number: 08364680)
Report of the Trustees
for the Year Ended 31 March 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Related parties
BCA holds a licence from, and pays an annual rent to, Bucks County Council for the Village Information Point premises within Burnham Library. These premises serve as the Registered Office of the Company.
The Friends of Burnham Library committee are working closely with the Library Manager and with representatives of Bucks County Council to develop Burnham Library as a County and Community partnership.
Burnham Community Association has good links with several other local charities, including the Lions Club and the Rotary Club of Burnham Beeches.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The Directors/Trustees are mindful of the risks inherent in certain of the charity's activities and will ensure that risk assessments are carried out as required, appropriate safeguards put in place and insurance policies reviewed regularly and modified or extended as required.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
08364680 (England and Wales)
Registered Charity number
1154536
Registered office
Burnham Village Information Point Burnham Library Windsor LAne Burnham Berkshire SL1 7HR
Trustees
C C Nielsen T J Arthur A J Strathdee Miss L Mangisi (resigned 16.1.23) Ms M Pope A Stilwell S W Tindall
Independent Examiner
Two Rivers Accountancy 38 Eton Wick Road Eton Wick Windsor Berkshire SL4 6JL
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Burnham Community Association (Registered number: 08364680)
Report of the Trustees
for the Year Ended 31 March 2023
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..........................................................
C C Nielsen - Trustee
Page 7
Independent Examiner's Report to the Trustees of Burnham Community Association
Independent examiner's report to the trustees of Burnham Community Association ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Delia Allott
Two Rivers Accountancy 38 Eton Wick Road Eton Wick Windsor Berkshire SL4 6JL
Date: .............................................
Page 8
Burnham Community Association
Statement of Financial Activities for the Year Ended 31 March 2023
| 31.3.23 | 31.3.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 3,377 | 722 | |
| Charitable activities | |||
| Burnham carnival & fete | 3,528 | 3,510 | |
| Friends of Burnham Library | 5,094 | 3,367 | |
| Monday Club | 4,386 | 3,060 | |
| Community publications | 19,746 | 16,984 | |
| Community transport service | 6,529 | 2,438 | |
| Other trading activities | 2 | 711 | 1,221 |
| Investment income | 3 | 130 | 2 |
| Total | 43,501 | 31,304 | |
| EXPENDITURE ON | |||
| Raising funds | 721 | 1,083 | |
| Charitable activities | |||
| Finance | 324 | 422 | |
| Management | 3,274 | 2,762 | |
| Burnham carnival & fete | 1,722 | 1,397 | |
| Friends of Burnham Library | 3,869 | 2,751 | |
| Monday Club | 5,055 | 2,769 | |
| Community publications | 19,524 | 18,504 | |
| Community transport service | 7,953 | 7,269 | |
| Access Group | - | 85 | |
| Other | 3,225 | 3,354 | |
| Total | 45,667 | 40,396 | |
| NET INCOME/(EXPENDITURE) | (2,166) | (9,092) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 43,532 | 52,624 | |
| TOTAL FUNDS CARRIED FORWARD | 41,366 | 43,532 |
The notes form part of these financial statements
Page 9
Burnham Community Association (Registered number: 08364680)
Balance Sheet 31 March 2023
| 31.3.23 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 2,569 CURRENT ASSETS Debtors 8 564 Cash at bank and in hand 46,685 47,249 CREDITORS Amounts falling due within one year 9 (8,452) NET CURRENT ASSETS 38,797 TOTAL ASSETS LESS CURRENT LIABILITIES 41,366 NET ASSETS 41,366 FUNDS 10 Unrestricted funds 41,366 TOTAL FUNDS 41,366 |
31.3.22 Total funds £ 3,211 2,042 46,264 48,306 (7,985) 40,321 43,532 43,532 43,532 43,532 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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Burnham Community Association (Registered number: 08364680)
Balance Sheet - continued 31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
C C Nielsen - Trustee
.............................................
A J Strathdee - Trustee
The notes form part of these financial statements
Page 11
Burnham Community Association
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Burnham Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
2. OTHER TRADING ACTIVITIES
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| £ | £ | ||
| Friends of Burnham Library | 711 | 1,221 | |
| 3. | INVESTMENT INCOME | ||
| 31.3.23 | 31.3.22 | ||
| £ | £ | ||
| Deposit account interest | 130 | 2 | |
| 4. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.3.23 | 31.3.22 | ||
| £ | £ | ||
| Depreciation - owned assets | 642 | 794 | |
| Deficit on disposal of fixed assets | - | 114 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 722 |
| Charitable activities | |
| Burnham carnival & fete | 3,510 |
| Friends of Burnham Library | 3,367 |
| Monday Club | 3,060 |
| Community publications | 16,984 |
| Community transport service | 2,438 |
| Other trading activities | 1,221 |
| Investment income | 2 |
| Total | 31,304 |
EXPENDITURE ON
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Burnham Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| Raising funds | 1,083 | |
| Charitable activities | ||
| Finance | 422 | |
| Management | 2,762 | |
| Burnham carnival & fete | 1,397 | |
| Friends of Burnham Library | 2,751 | |
| Monday Club | 2,769 | |
| Community publications | 18,504 | |
| Community transport service | 7,269 | |
| Access Group | 85 | |
| Other | 3,354 | |
| Total | 40,396 | |
| NET INCOME/(EXPENDITURE) | (9,092) | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 52,624 | |
| TOTAL FUNDS CARRIED | ||
| FORWARD | 43,532 | |
| 7. | TANGIBLE FIXED ASSETS | |
| Fixtures | ||
| and | ||
| fittings | ||
| £ | ||
| COST | ||
| At 1 April 2022 and 31 March 2023 | 5,279 | |
| DEPRECIATION | ||
| At 1 April 2022 | 2,068 | |
| Charge for year | 642 | |
| At 31 March 2023 | 2,710 | |
| NET BOOK VALUE | ||
| At 31 March 2023 | 2,569 | |
| At 31 March 2022 | 3,211 |
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Burnham Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||
| £ | £ | |||
| Trade debtors | 564 | 2,042 | ||
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.23 | 31.3.22 | |||
| £ | £ | |||
| Accruals and deferred income | 5,691 | 4,269 | ||
| Accrued expenses | 2,761 | 3,716 | ||
| 8,452 | 7,985 | |||
| 10. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.22 | in funds | 31.3.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 43,532 | (2,166) | 41,366 | |
| TOTAL FUNDS | 43,532 | (2,166) | 41,366 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 43,501 | (45,667) | (2,166) | |
| TOTAL FUNDS | 43,501 | (45,667) | (2,166) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 52,624 | (9,092) | 43,532 | |
| TOTAL FUNDS | 52,624 | (9,092) | 43,532 |
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Burnham Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 31,304 | (40,396) | (9,092) | |
| TOTAL FUNDS | 31,304 | (40,396) | (9,092) | |
| A current year 12 months and prior year 12 months combined position is as follows: | ||||
| Net | ||||
| movement | At | |||
| At 1.4.21 | in funds | 31.3.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 52,624 | (11,258) | 41,366 | |
| TOTAL FUNDS | 52,624 | (11,258) | 41,366 | |
| A current year 12 months and prior year | 12 months combined | net movement | in fund | |
| included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 74,805 | (86,063) | (11,258) | |
| TOTAL FUNDS | 74,805 | (86,063) | (11,258) |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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Burnham Community Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
11. RELATED PARTY DISCLOSURES
Burnham Community Association holds a license from, and pays annual rent to, Bucks County Council for the Village Information Point premises within Burnham Library. These premises serve as the Registered office of the Company.
The Friends of Burnham Library sub-committee is working closely with the Library Manager and with representatives of Bucks County Council to develop Burnham Library as a County and Community partnership.
Burnham Community Association has good links with several other local charities, including the Lions Club and Rotary Club of Burnham Beeches.
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