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2023-03-31-accounts

Trustees Ms R Myers
Dr C Collins
Mrs K Knight
Mr SParkes
Dr DA J Ines
Dr S R G Shaw
MrTF How
Rev SWood
Charity number 1154540
Company number CE001362
Principal address Mill Road
Wells-next-the-Sea
Norfolk
NR23 1RF
Registered office Mill Road
Wells-next-the-Sea
Norfolk
NR23 1RF
Independent examiner Mapus- Smith and Lemmon LLP
48 King Street
Kings Lynn
England
PE30 1HE
Bankers Barclays Bank PLC
17 Market Place
Fakenham
Norfolk
NR21 9BE
Natwest
PLC
Market Place and Bridge Street Corner
Fakenham
NR21 9BA
Solicitors Hansells
13The Close
Norwich
Norfolk
NR14DS

Page
Chairman's
statement
Trustees'
report
2-4
Independent
examiner's
report
Statement
offinancial
activities 6-7
Balance sheet
Notes to the financial statements 9 - 24

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2023 2022
Notes 6 6
Fixed assets
Tangible assets 15 537,997 546,294
Current assets
Stocks 16 3,796 3,500
Debtors
Cash at bank and
in hand 17 10,863
168,624
39,582
164,171
183,283 207,253
Creditors: amounts falling due within
one year 18 (13,223) (13,952)
Net current assets 170,060 193,301
Total assets less current liabilities 708,057 739,595
Capital funds
Endowment
funds
—general 19 416,327 419,363
Income funds
Restricted
funds
20 64,308 52,770
Unrestricted
funds
227,422 267,462
708,057 739,595

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Income fromlncome Income fromlncome from
charitable charitable
activities activities
2023 2022
6 6
Community supermarket income 8,399
Charitable rental income 80,323 65,894
Training income 3,587 3,142
92,309 69,036

Unrestricted Unrestricted
funds funds
2023 2022
6
100Club &fundraising 5,198 6,214
Fundraising events 2,856 11,837
Other trading activities 8,054 18,051

Unrestricted Unrestricted
funds funds
2023 2022
Interest receivable 99

Unrestricted Unrestricted
funds funds
2023 2022
F
Other income 17,248 23,425
Cafe takings 17,700 13,331
Merchandise takings 577 1,425
Exercise classes 1,468 4,897
36,993 43,078
Unrestricted Restricted Total Unrestricted
funds funds funds
2023 2023 2023 2022
8 6
Fundraisin and ublicit
Seeking donations, grants and legacies 2,593 8,314 10,907 3,398
2,593 8,314 10,907 3,398

Charitable Charitable
activities activities
2023 2022
F
Staff costs 131,462 115,903
Depreciation
and impairment
15,690 13,429
Direct costs 14,830 9,275
Other operating costs 31,779 23,405
Maintenance 12,456 12,710
Utilities 35,620 22,735
Other staff costs 2,219 1,406
Insurance 6,044 8,341
Human
resources
2,745
Legal fees 998
Bad debt provision and write offs 2,280
Fitness classes 936 1,826
Training
&cafe equipment
1,650
Community
Garden
3,453
NCF Fuel & Food 2,022 1,478
NCF Household Support 9,945 2,398
Other charitable expenditure 3,424
268,707 221,752
Share ofgovernance costs (see note 10) 8,056 2,840
276,763 224,592
Analysis
by fund
Unrestricted
funds
206,146 182,024
Restricted funds 70,617 42,568
276,763 224,592

Support cos ts
Support Governance 2023 2022
costs costs
6 6
Accountancy and book-keeping 8,056 8,056 2,840
8,056 8,056 2,840
Analysed between
Charitable activities 8,056 8,056 2,840

The average monthly
number
ofemployees
during th
e year was:
2023 2022
Number Number
Employment costs 2023 2022
E 6
Wages and salaries 131,462 115,903

Endowment Endowment
funds funds
general general
2023 2022
Depreciation 3,036 3,036

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2023f 2022
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Finished goods and goods for resale 3,796 3,500
17 Debtors
Amounts
falling due
within one year: 2023
f
2022f
Trade debtors 4,654 11,357
Other debtors 3,876 28,225
Prepayments
and accrued income
2,333
10,863 39,582
18 Creditors: amounts falling due within one year
2023f 2022f
Other taxation
and social security
1,944 2,002
Trade creditors 5,825 6,124
Accruals
and deferred
income 5,454 5,826
13,223 13,952
19 Endowment
funds
Endowment
funds represent assets which
must be held permanently by the charity. Income arising on the
endowment
funds can be used
in accordance with the objects ofthe charity and is included as unrestricted
income. Any capital gains or losses arising on the assets form part of the fund.
Balance at Resources Balance at Resources Balance at
1 April 2021
f
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f
1 April 2022
f
expended
f
31 March 2023
f
Permanent
endowments
Property
Fund
422,399 (3,036) 419,363 (3,036) 416,327
422,399 (3,036) 419,363 (3,036) 416,327

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2023 2022
Z
Within one year 680 510
Between two and five years 1,871 2,551
2,551 3,061

2023 2022
F
Within one year 2,854 9,923
Between two and five years 2,854
2,854 12,777