Charity Registration No. 1157937
THE COMMUNITY CENTRE – YORKLEY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
2
THE COMMUNITY CENTRE – YORKLEY
LEGAL & ADMINISTRATIVE INFORMATION
Trustees
M Edwards A Breeze R Burch E Jackson S Dunford C Lewis S Freeman R Perry P Taylor S Conroy
Charity Number 1157937 Principal address
Baily Hill Yorkley Gloucestershire GL15 4RS
Independent examiner
Bankers
Unity Trust Bank 9 Brindley Place Birmingham B1 2JB
3
| CONTENTS | Page | |
|---|---|---|
| Trustees’ report | 4-7 | |
| Independent examiner’s report | 8 | |
| Statement of fnancial activities | 9 | |
| Balance Sheet | 10 | |
| Notes to the fnancial statements | 11-18 |
4
THE COMMUNITY CENTRE – YORKLEY
TRUSTEES’ REPORT – FOR YEAR ENDED 31 MARCH 2024
The trustees preset their annual report and financial statements for the year ended 31 March 2024.
The accounts have been prepared in accordance with the accounting policies set out in note1 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the Statement of Recommended Practice, “Accounting and Reporting by Charities” (applicable to charities preparing their accounts in accordance with FRS102).
Structure, governance and management
The charity is a Charitable Incorporated Organisation (foundation registered 22 July 2014)
The trustees who served during the year and up to the date of signature of the financial statements were:
M Edwards R Burch E Jackson S Dunford C Lewis S Freeman R Perry P Taylor S Conroy C Panting (Resigned) T Bonner (Resigned) C Osbourne (Resigned) A Breeze
The trustees are elected annually at the AGM.
Objectives and activities
The objectives of the Charity are to hold the property upon trust for the purposes of a Community Centre for the use of the inhabitants of the villages of Yorkley, Oldcroft, Viney Hill and Pillowell all in the Parish of West Dean, without distinction of political, religious or other opinions. Uses include meetings, lectures and classes plus other forms of recreation and leisure time occupations with the object of improving the condition of life for the said inhabitants, so providing public benefit.
The Community Centre Yorkley provides recreational, social and educational activities for the benefit of the residents of the villages of Yorkley, Viney Hill, Oldcroft and the surrounding areas.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake and have complied with their duty to have regard to guidance on public benefit published by the Charity Commission in exercising their powers and duties.
5
Achievements and performance
The Community Centre continues to provide a safe, warm environment for the many people and activities that take place within the Centre and its surrounding grounds.
Our finances remain healthy but even with the subsidy of the Energy Bill Discount Scheme our electricity costs are always under review and we have introduced a hire charge increase for commercial users of the Centre whilst managing to maintain the same hire rate for Community users.
We continue to try and engage with and support the local Community with different activities and entertainment.
The warm space café has now become a Friday café with regular meals in addition to coffee and cakes and provides a welcoming and social place to meet and eat.
We have used the grant received from Two Rivers to employ Wye Wellbeing services to provide counselling for the benefit of the local community.
One of our hirers Linked Learning provides training and education for challenging youngsters. They utilise the meeting room for indoor learning, the kitchen to provide and cook their own food, in addition to the outdoor activities on the football pitch.
The introduction of Bingo sessions has proved a popular pastime.
We continue to engage with the local Health Centre providing our main hall exclusively for flu vaccinations when required.
Following a review of our latest Insurance policy we decided that training on Playground Inspection was necessary, and three trustees attended a training course to enable us to provide weekly inspections as well as our annual ROSPA inspection.
Car Boot Sales were introduced over the summer months and we found it attracted many people who had previously not been aware of the Community Centre and commented on its beautiful setting and surroundings.
In keeping with many other communities, we held a Coronation Tea in association with the local school and with the assistance of the PTA. Our local band played in the afternoon in addition to the children’s activities and we even planted two trees and have planted a new (native species) hedge to replace the beech trees which unfortunately had to be felled for safety reasons.
Our aim of providing more cultural and music events was furthered by Alison Neal, a local actress who performed her own one-woman play Mrs Beeton’s Sister to the delight of the audience. Later in the year she also performed another play about a theatre manager, called Mrs Baker’s Company which we are pleased to say raised £371for the Greats Oaks hospice.
6
We have hosted two very well-known folk musicians Kathryn Roberts and Sean Lakeman who entertained us with old ballads and their self-penned ‘story songs’.
We also hosted the energetic folk duo Filkin’s Drift in March, which was a hugely entertaining evening. We are very grateful to AIRinG for sponsoring these events making these acts available to a wider rural audience.
Summer would not be complete without our annual Flower and Produce Show with its usual array of exhibits and outside activities. As winners of the previous Yorkley v Bream ‘Battle of the Villages’ challenge we once again successfully defended our title and will again host this year’s competition.
One of my favourite activities is the ‘Christmas tree switch-on’. Our local band plays carols, children decorate the tree and we officially turn on the Christmas lights.
I would like to thank everyone involved with the Community Centre. We need revenue from our hirers to support, update and maintain the Centre and grounds to ensure it is a welcoming venue. We invest in the skate park to provide pleasure for children in the village and it is heartening to see it so well used.
I would like to thank our previous Chairman Steve Dunford and Rita Burch our former Treasurer who have both continued as trustees after stepping down from their former roles.
Rita has produced a Trustees Handbook to assist current and new Trustees in understanding the workings of the Centre with useful contacts for maintenance.
I would also like to thank Tracy Bonner and Claire Panting, who are standing down as Trustees, particularly Claire for all her hard work making the café such a success.
We support and work closely with the football club, who are currently top of their league.
We have an E-newsletter to inform and publicise future events associated with the Community Centre.
I would like to thank all trustees for their hard work and enthusiasm in helping to maintain the Centre and making it so welcoming for all the people that regularly use it.
Financial review
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to 3 to 6 months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems/ reserves are in place to mitigate those risks.
8
Statement of trustees’ responsibilities
The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements the trustees are required to:
-
Select suitable accounting polices and then apply them consistently
-
Observe the methods and principles in the Charities SORP
-
Make judgements and estimates that are reasonable and prudent
-
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, and the Charity (Accounts and Reports) Regulations. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees’ report was approved by the Board of Trustees.
P Taylor (Chair of Trustees)
Dated 1[st] April 2024
9
THE COMMUNITY CENTRE – YORKLEY
INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF THE COMMUNITY CENTRE – YORKLEY
I report to the trustees on my examination of the financial statements of The Community Centre, Yorkley (the charity) for the year ended 31st March,2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011(the 2011 Act).
I report in respect of my examination of the charity's financial statement carried out under section 145 of the 201 1 Act. ln carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5Xb) 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 that in any material aspect:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of as independent examination.
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 financial statements to be reached.
Mrs Sharon Stratford
Windermere, Cannop Road, Parkend, LYDNEY, Glos. GL15 4JR
Dated: 20th May, 2024
10
THE COMMUNITY CENTRE - YORKLEY STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT – FOR YEAR ENDED 31 MARCH 2024
| Unrestricted funds |
Restricted funds |
Total |
Unrestricted funds |
Restricted funds |
Total |
|||
| 2024 | 2024 | 2024 | 2023 | 2023 | 2023 | |||
| £ | £ | £ | £ | £ | £ | |||
| Notes | ||||||||
| Income From: | ||||||||
| Donations & Legacies | 3 | 16 | - | 16 | 184 | - | 184 | |
| Charitable Activities | 4 | 5,414 | 5,414 | 150 | 150 | |||
| Other TradingActivities | 5 | 29,331 | 29,331 | 20,234 | - | 20,234 | ||
| Investments | 6 | 955 | 955 | 360 | - | 360 | ||
| Total income | 30,302 | 5,414 | 35,716 | 20,778 | 150 | 20,928 | ||
| Expenditure on: | ||||||||
| RaisingFunds | 7 | 3,583 | - | 3,583 | 3,716 | - | 3,716 | |
| Charitable activities | 8 | 19,144 | 13,613 | 32,757 | 17,222 | 8,925 | 26,147 | |
| Total expenditure | 22,727 | 13,613 | 36,340 | 20,938 | 8,925 | 29,863 | ||
| Net expenditure for the year/Net movement of funds |
||||||||
| 7,575 | -8199 | -624 | -160 | -8775 | -8935 | |||
| Fund balances at 1/4/23 | 30,740 | 323,697 | 354,437 | 30,900 | 332,472 | 363,372 | ||
| Fund balances at 31/3/24 | 38,315 | 315,498 | 353,813 | 30,740 | 323,697 | 354,437 |
11
THE COMMUNITY CENTRE - YORKLEY
BALANCE SHEET – AS AT 31 MARCH 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Tangible assets | 13 | 305,209 | 312,653 | ||
| Current assets | |||||
| Debtors | 14 | 5,034 | 42 | ||
| Cash at bank & in hand | 44,270 | 42,462 | |||
| 49,304 | 42,504 | ||||
| Creditors: | |||||
| Amts fallingdue within | |||||
| oneyear | 15 | -700 | -720 | ||
| Net Current Assets | 48,604 | 41,784 | |||
| Total assets less current liabilities | 353,813 | 354,437 | |||
| Income Funds | |||||
| Restricted funds | 16 | 315,498 | 323,697 | ||
| Unrestricted funds | 38,315 | 30,740 | |||
| 353,813 | 354,437 |
The financial statements were approved by the Trustees on 10[th] June 2024
P Taylor
Chairman
12
NOTES TO THE FINANCIAL STATEMENTS – YEAR ENDED 31 MARCH 2024
1. Accounting policies Charity information
The Community Centre, Yorkley is a charity registered in England.
2. Accounting convention
The financial statements have been prepared in accordance with the charity’s governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”(“FRS 102”) and the Charities SORP “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). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations, but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
3. Going Concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
4. Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by doners as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
5. Income
Income is recognised when the charity is legally entitled to it after by performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
13
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
6. Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The cost of each activity is made up of the total of direct costs and shared costs, including support cost involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more that one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent and depreciation charges are allocated on the portion of the asset’s use. Resources expended are recognised in the period they are incurred.
7. Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation net of depreciation and any impairment of loss. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Land and buildings 2% straight line Plant and machinery 20% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the statement of financial activities.
8. Impairment of fixed assets
At each reporting and date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exits, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
9. Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
10. Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
14
Financial Instruments are recognised in the charity’s balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortise cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligated to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
11. Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
12. Restricted funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets this criteria is charged to the fund.
13. Unrestricted funds
15
Unrestricted funds are incoming resources receivable or generated for the objectives of the charity without further specified purpose and are available for general funds.
14. Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
THE COMMUNITY CENTRE – YORKLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR YEAR ENDED 31 MARCH 2024
16
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| Donations & legacies(Note 3) | Funds | Funds | |||||
| 2024 | 2023 | ||||||
| £ | £ | ||||||
| 16 | 184 | ||||||
| Charitable activities(Note 4) | |||||||
| West Dean | Two Rivers | FVAF | FODDC | Total | Total | ||
| PC | Grant | 2024 | 2023 | ||||
| 2024 | 2024 | 2024 | 2024 | ||||
| £ | £ | £ | £ | £ | £ | ||
| Performance related | |||||||
| grants | - | - | - | 5414 | 5414 | 150 | |
| Analysis by fund | |||||||
| Unrestricted funds | - | - | - | - | |||
| Restricted funds | - | - | - | 5414 | 5414 | 150 | |
| For theyear ended 31 March 2023 | |||||||
| Unrestricted funds | |||||||
| Restricted funds | 150 | 150 | |||||
| Other Trading Activities | |||||||
| Unrestricted | Unrestricted | ||||||
| Funds | Funds | ||||||
| 2024 | 2023 | ||||||
| £ | £ | ||||||
| Charitable community centre income(Note 5) | 29,331 | 20,234 | |||||
| Investments(Note 6) | Unrestricted | Unrestricted | |||||
| Funds | Funds | ||||||
| 2024 | 2023 | ||||||
| £ | £ | ||||||
| Interest receivable | 955 | 360 | |||||
| Raising Funds | Unrestricted | Unrestricted | |||||
| Funds | Funds | ||||||
| 2024 | 2023 | ||||||
| £ | £ | ||||||
| Trading cost( Purchases) (Note 7) | 3,583 | 3,716 | |||||
| Tradingcosts include the costs of various events & the café |
17
THE COMMUNITY CENTRE – YORKLEY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR YEAR ENDED 31 MARCH 2024
18
| Charitable activities(Expenses) Restricted(Note 8) | Charitable activities(Expenses) Restricted(Note 8) | Charitable activities(Expenses) Restricted(Note 8) | Charitable activities(Expenses) Restricted(Note 8) | |||
|---|---|---|---|---|---|---|
| Community | Childrens | Project | Support & | Total | Total | |
| Centre | Playground | Costs | Gov | |||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Depreciation | 7,444 | - | - | - | 7,444 | 7,444 |
| Charitable Exp | 105 | |||||
| West Dean Parish | - | - | 669 | - | 669 | |
| Equipment | 1,481 | |||||
| FODDC | - | - | - | - | ||
| CommunityBuilders | - | - | 500 | - | 500 | |
| Two River Grant | - | - | 5,000 | - | 5,000 | |
| 7,444 | 6,169 | 13,613 | 9,030 | |||
| Share of Support costs | - | - | - | 18,372 | 18,372 | 16,223 |
| Share of Governance | - | - | - | 772 | 772 | |
| costs | 894 | |||||
| 7,444 | 6,169 | 19,144 | 32,757 | 26,147 | ||
| Analysis by Fund | ||||||
| Unrestricted funds | - | - | - | 19,144 | 19,144 | 17,222 |
| Restricted funds | 7,444 | - | 6,169 | - | 13,613 | 8,925 |
| 32,757 | 26,147 | |||||
| For theyear ended 31 March 2023 | ||||||
| Community | Childrens | Project | Support & | Total | ||
| Centre | **Playground ** | Costs | Gov | 2023 | ||
| £ | £ | £ | £ | £ | ||
| Depreciation | 7,444 | 7,444 | ||||
| Charitable expenditure | 105 | 105 | ||||
| West Dean Parish Equip | 1,481 | 1,481 | ||||
| FVAF Gazebo | ||||||
| 7,444 | 105 | 1,481 | - | 9,030 | ||
| Share of support costs | - | - | - | 16,223 | 16,223 | |
| Share ofgovernance costs | - | - | - | 894 | 894 | |
| 17,117 | 26,147 | |||||
| Unrestricted funds | 105 | 17,117 | 17,222 | |||
| Restricted funds | 7,444 | 1,481 | 8,925 | |||
| 7,444 | 105 | 1,481 | 17,117 | 26,147 |
19
| Support Costs | Support | Governance | 2024 | 2023 | ||
| costs £ | costs £ | |||||
| Rates | 696 | - | 696 | 549 | ||
| Insurance | 2,816 | - | 2,816 | 2,560 | ||
| Light & Heat | 4,635 | - | 4,635 | 975 | ||
| Repairs & Maintenance | 6,997 | - | 6,997 | 9,709 | ||
| Advertising, printing& stationery | 275 | - | 275 | 27 | ||
| Telephone,Internet | 518 | - | 518 | 440 | ||
| Consultancy | 1,020 | - | 1,020 | 550 | ||
| Sundry | 661 | - | 661 | 1,318 | ||
| Subscriptions | 97 | - | 97 | 95 | ||
| Training | 552 | - | 552 | - | ||
| Licences | 105 | - | 105 | - | ||
| Independent examiner | - | 700 | 700 | 822 | ||
| Bank Charges | - | 72 | 72 | 72 | ||
| 18,372 | 772 | 19,144 | 17,117 | |||
| Governance costs include an accruedpayment to independent examiner of £ 700 for fees for | ||||||
| examination for theyear ended 31st March 2024 | ||||||
| Trustees | ||||||
| None of the trustees(or any persons connected with them)received anyremuneration duringtheyear. | ||||||
| Employees | ||||||
| The average number of employees duringtheyear was: | ||||||
| 2024 | 2023 | |||||
| Total | 0 | 0 | ||||
| Taxation | ||||||
| The charityis exempt from tax on income andgains fallingwithin section 505 of the Taxes Act 1988 or section | ||||||
| 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects | ||||||
| Tangible fxed assets(Note 13) | ||||||
| Land and | Plant and |
Total |
||||
| **buildings ** | machinery | |||||
| £ | £ | £ | ||||
| Cost At 1 April 2023 | 312,653 | - | 312,653 | |||
| Depreciation & Impairment | ||||||
| At 1 April 23 | 59,553 | - | 59,553 | |||
| Depreciation charge foryear | 7,444 | - | 7,444 | |||
| At 31st March 24 | 66,997 | - | 66,997 | |||
| Carrying Amt | ||||||
| At 31st March 24 | 305,209 | - | 305,209 | |||
| Support Costs | Support | Governance | 2024 | 2023 | ||
| costs £ | costs £ | |||||
| Rates | 696 | - | 696 | 549 | ||
| Insurance | 2,816 | - | 2,816 | 2,560 | ||
| Light & Heat | 4,635 | - | 4,635 | 975 | ||
| Repairs & Maintenance | 6,997 | - | 6,997 | 9,709 | ||
| Advertising, printing& stationery | 275 | - | 275 | 27 | ||
| Telephone,Internet | 518 | - | 518 | 440 | ||
| Consultancy | 1,020 | - | 1,020 | 550 | ||
| Sundry | 661 | - | 661 | 1,318 | ||
| Subscriptions | 97 | - | 97 | 95 | ||
| Training | 552 | - | 552 | - | ||
| Licences | 105 | - | 105 | - | ||
| Independent examiner | - | 700 | 700 | 822 | ||
| Bank Charges | - | 72 | 72 | 72 | ||
| 18,372 | 772 | 19,144 | 17,117 | |||
| Governance costs include an accruedpayment to independent examiner of £ 700 for fees for | ||||||
| examination for theyear ended 31st March 2024 | ||||||
| Trustees | ||||||
| None of the trustees(or any persons connected with them)received anyremuneration duringtheyear. | ||||||
| Employees | ||||||
| The average number of employees duringtheyear was: | ||||||
| 2024 | 2023 | |||||
| Total | 0 | 0 | ||||
| Taxation | ||||||
| The charityis exempt from tax on income andgains fallingwithin section 505 of the Taxes Act 1988 or section | ||||||
| 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects | ||||||
| Tangible fxed assets(Note 13) | ||||||
| Land and | Plant and |
Total |
||||
| **buildings ** | machinery | |||||
| £ | £ | £ | ||||
| Cost At 1 April 2023 | 312,653 | - | 312,653 | |||
| Depreciation & Impairment | ||||||
| At 1 April 23 | 59,553 | - | 59,553 | |||
| Depreciation charge foryear | 7,444 | - | 7,444 | |||
| At 31st March 24 | 66,997 | - | 66,997 | |||
| Carrying Amt | ||||||
| At 31st March 24 | 305,209 | - | 305,209 | |||
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
20
| Debtors(Note 14) | Debtors(Note 14) | Debtors(Note 14) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amounts fallingdue within oneyear: | 2024 | 2023 | ||||||||||
| FOD District Council | 5,004 | - | ||||||||||
| Trade Debtor | 30 | 42 | ||||||||||
| 5,034 | 42 | |||||||||||
| Creditors: Amounts falling due within 1year | 2024 | 2023 | ||||||||||
| (Note 15) | ||||||||||||
| Accruals & deferred income | 700 | 720 | ||||||||||
| Restricted Funds(Note 16) | ||||||||||||
| The income funds of the charityinclude restricted funds comprisingof the following | ||||||||||||
| unexpended balances of donations andgrants held on trust for specifcpurposes: | ||||||||||||
| Movement in funds | Movement in funds Balance at Incoming Outgoing Balance at s 01-Apr-23Resources Resources 31-Mar-24 £ £ £ £ |
|||||||||||
| Balance at | **Incoming ** | Outgoing | ||||||||||
| 01-Apr-22 | Resources | Resource | ||||||||||
| £ | £ | £ | ||||||||||
| CommunityCentre | ||||||||||||
| Yorkley (Building) | 320,097 | - | 7,444 - |
312,653 | 7,444 - |
305,209 | ||||||
| West Dean | ||||||||||||
| Parish Council | 4,139 | 150 | 1,481 - |
2,808 | 669 - |
2,139 | ||||||
| Two Rivers | 5,000 | - | - | 5,000 | 5,000 - |
- | ||||||
| Grant | ||||||||||||
| FODDC | 3,236 | - | - | 3,236 | 5,414 | 500 - |
8,150 | |||||
| Grant | ||||||||||||
| 332,472 | 150 | 8,925 - |
323,697 | 5,414 | 13,613 - |
315,498 | ||||||
| Analysis of net assets between funds | ||||||||||||
| Unrestricted Restricted Total funds 2024 funds 2024 2024 |
Unrestricted | Restricted | Total | |||||||||
| funds 2023 | funds 2023 | 2023 | ||||||||||
| £ | £ | £ | £ | £ | £ | |||||||
| Fund Balances at 31st | ||||||||||||
| March 24 are | ||||||||||||
| represented by | ||||||||||||
| Tangible assets | - | 305,209 | 305,209 | - | 312,653 | 312,653 | ||||||
| Current assets/ | 38,315 | 10,289 | 48,604 | 30,740 | 11,044 | 41,784 | ||||||
| (liabilities) | 38,315 | 315,498 | 353,813 | 30,740 | 323,697 | 354,437 | ||||||
| Relatedparty transactions | ||||||||||||
| There were no disclosable relatedpartytransactions duringtheyear(2023 - none) |
| Debtors(Note 14) | Debtors(Note 14) | Debtors(Note 14) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amounts fallingdue within oneyear: | 2024 | 2023 | ||||||||||
| FOD District Council | 5,004 | - | ||||||||||
| Trade Debtor | 30 | 42 | ||||||||||
| 5,034 | 42 | |||||||||||
| Creditors: Amounts falling due within 1year | 2024 | 2023 | ||||||||||
| (Note 15) | ||||||||||||
| Accruals & deferred income | 700 | 720 | ||||||||||
| Restricted Funds(Note 16) | ||||||||||||
| The income funds of the charityinclude restricted funds comprisingof the following | ||||||||||||
| unexpended balances of donations andgrants held on trust for specifcpurposes: | ||||||||||||
| Movement in funds | Movement in funds Balance at Incoming Outgoing Balance at s 01-Apr-23Resources Resources 31-Mar-24 £ £ £ £ |
|||||||||||
| Balance at | **Incoming ** | Outgoing | ||||||||||
| 01-Apr-22 | Resources | Resource | ||||||||||
| £ | £ | £ | ||||||||||
| CommunityCentre | ||||||||||||
| Yorkley (Building) | 320,097 | - | 7,444 - |
312,653 | 7,444 - |
305,209 | ||||||
| West Dean | ||||||||||||
| Parish Council | 4,139 | 150 | 1,481 - |
2,808 | 669 - |
2,139 | ||||||
| Two Rivers | 5,000 | - | - | 5,000 | 5,000 - |
- | ||||||
| Grant | ||||||||||||
| FODDC | 3,236 | - | - | 3,236 | 5,414 | 500 - |
8,150 | |||||
| Grant | ||||||||||||
| 332,472 | 150 | 8,925 - |
323,697 | 5,414 | 13,613 - |
315,498 | ||||||
| Analysis of net assets between funds | ||||||||||||
| Unrestricted Restricted Total funds 2024 funds 2024 2024 |
Unrestricted | Restricted | Total | |||||||||
| funds 2023 | funds 2023 | 2023 | ||||||||||
| £ | £ | £ | £ | £ | £ | |||||||
| Fund Balances at 31st | ||||||||||||
| March 24 are | ||||||||||||
| represented by | ||||||||||||
| Tangible assets | - | 305,209 | 305,209 | - | 312,653 | 312,653 | ||||||
| Current assets/ | 38,315 | 10,289 | 48,604 | 30,740 | 11,044 | 41,784 | ||||||
| (liabilities) | 38,315 | 315,498 | 353,813 | 30,740 | 323,697 | 354,437 | ||||||
| Relatedparty transactions | ||||||||||||
| There were no disclosable relatedpartytransactions duringtheyear(2023 - none) |