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2023-03-31-accounts

Legal and administrative information
Trustees' annual report [incorporating the Directors' report) 2-5
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Notes tothe accounts 9-14

Unrestricted 2023 U stricted 2022
fund Total fund Total
E E E
Income fnnn
Grants 2 1,000 15,$73 162t73 250 25,248 25,498
Donations $03 803 139 139
Projects 5,995 5,995 4933 4,233
Room hire 880 880 540
Ubrary servkes 543 543 598 598
Other services 324 324 127 127
Fundraising 2,733 2,733 1,360 1,360
Tote Iinconm 12,'278 15$$73 28,151 7,247 25348 32,495
Expenditure on:
Establishment costs 710 17238 8,165 8,165
Post and stauonery 115 115 1,159 1,159
Professional fees 120 120 544
independent Examinauon 474 414 504
Other running expenses 6,925 479 7,404 1,750 5,459 7,209
Depreciation 5,276 5,276 2781 2,281
Total expenditure 13,620 17,007 30,627 6,238 13,624 19,862
stet incomegexpenditum) (~) (1,134l (2,476) 1,009 11,624 12,633
Tran slisrs 1,758 (1,758) 1,579 (1,579)
416 (~2) (2$4761 2,588 10,045 12,633
Recorxiliation of funds:
Total funds brought forward 48,322 22,308 70,630 45,134 12,263 57,997
Total funds carried forwanl $$,7$$ $$$1$ w$$$ $$$$$ $$$$$7$$$I

As at31INarch 2 023
2023 2022
Total Total
Fixed assets
Tangible assets 15,831 6,846
Cunent assets
Debtors 1,438 1,312
Cash at bank and in hand
Total cununt assets 55,153 65,120
Creditors: amounts faging due within one year (2,830) (1,336)
52,323 63,7&4
Total asseix lesscununt liabigtiss
Creditors: amounts falling due after one year
Total net assets 68,154 70~
Repmsented
by:
General funds 45,738 37,807
Designated
funds
3,000 10,515
Total unrwuricted funds 48,738 48322
Restricted funds 19,416
Total charity funds
1 Acamnling PaRies
(a) Rashsfpopamthm
Smnh Shegwld CommurdU
Irdgathas
Ltd ba chargable company
in the United
Klngrkrm
Ikeilad by garancxe.
Inthe event Ihat the
charky is
wound
up the Babilky m respect ofthe grmranlee
is Nmited toC1per member ofthe charity. The addrew ef
Ihe mghlered
ogice isghnn
in the
mmpany
informagen
an page 1ofthese Cmental
atomwns.
The Bnarnlrt statmoents
hme been preparml
in
rxxudance
with Arxxnmthq
and Beporting
by Charlden
Smtement nf Becoamwnded
Pracnce
appgcable tocharities preparing
their acmunls in
ccordanm wilh the Rrwndal
Reporting
Smndwd appgcable inthe UKand Republb ofIreland
(FBS102)(effectwe 1)anuary 2025) -(Charities SORP (FBS102)kthe Bnandal Reporting Standard
appgcahle
in the UK and Bepubgc ofbrdand
(FBS202),the Charges Act2011and Uw CamPwdes Art 200@. Tiw Bnannal surtemems
imm aho adoPted
Charides SOBP(FRSM2) Bugedn 1
and hme laken the mwmptkrn
nottoprepam acash Bow lalmnern.
The charity meals Ihe delinition
ofapubic benelit enmy as degned under fRS102.The Bnancial s alxmenls
am presented
in sterling
which is
the funcgonal cunency afIhechanty and me rounded toUw merest Cl.
(b) frame
Income is recognised in the SOFAwhen the charity has enhgement tothe funds. any perfonnance
cenditions
attached tothe monies have been
met. the receipt ofthe income isprefab& and Bsamaurn can be reliably measwed.
Funding
fnr pro(oem is recognised when the chwfiy has~to dw fund», any performance
nditions attached to the pmjects/grams
have been met, itisprobable that the inmrne
wiN be received and the amount can be mwnured
mliably and isnot deferred.
(c) Bqmndfiam aad Nabgiges
expenditure
isrecegnised wlme Uwm is a legal or comtruchve
obggation to pay a third party, itis probable that setdement
will be
and the amount ofIhe obfrgagon can be ragably~ ABexpenditure isreported gross ofkecoverabb
VAT.
mquired
(dj Tang'rhk Rnrclasarss
Tanyble Rxed assels are slaled atmst less
epreciahon.
Oepragon
is provided
strains
cakrdated towrbe
oficastof those asselx, less their
residual vahw, aver their expected useful lives on lhe fogowing basis:
Rxurres, Bfiings and equipment
25ffredudng balance
(e) Cash aad cash
uuhahnls
Cash and cash equivalents
campnse cash on hand and call deposbn and other short-term
highly liquid
I vestmenw
that are readily convertible
toa known amount ofcash and are subject soan indgmgcant
riskofchange invahre.
(t) Trade debtms
Trade debtors areamowns due from customem forsenncxs perfenned
in Uw ongmuy murse ofbusiness.
Trade dxbims are~initixgy at the transartion
pnoe. They me subsequently
measurrd at ammtised cast using the elfacgve inlorest
method. less pnndshn
for mpairment.
A pnwlsion
Bwthe impairment
oftrade debtms isestablished
when there isobjecdve evidence
that the
company wig not be abletocogectag amounts due according tothe onynal senna ofthe receivables.
Trade wedhom
Trade creditnrs ara obggatkrns
to pey fer goods er senaces Ihat lave been acqwred in the ordinary cowes ofbusiness fiam suppliers.
payable are classiged as cunent
Tiabilinas
iflhe charity does not have anu~
right. at the end of the epuotkrg
perknk
Accounts
to defer
setdement ofthe crerfgm fer at least twelve months aRar the reporting date. Ifthere is an unmnrgbonal
right to defer selement for at least
twelm months alter the repmgng data, they ara presented asnoncurrent
Nabglges.
Trade credinus
are recogrdsed
iraTraNy at the transaction
prim and subserpmngy
measured
at amortised
mst using the egertive interest
methorl

2 tacoma frost uruds tacoma frost uruds
Umresrricted
fund Total
Sheflield City Council 24A86
South Local Area Committees
The Terminus Ingfarive
Stewardship
Reach
262t73
Tanggdefandassets
Total
E
Asat1April 2022 20I519 2f3529
Additions 14~1 14961
Asat31March 2023
Asat1April 2022 13,673
rterfp this period 5276
Asat31March 2023
net aeok mtue
Asat31March 2023

Bahme Bahnce
b/hnl
8
Transfers
5
c/fwdf
SCClibrary Sendrce Grant- Books (423) 3,227
library
efibrigator
SCCCapital Grmt
SCC~lrluariss Grmt
(20ADS) (SASS)
Dia'tal Indusion 4,350 (4A73) (300) 437
Reach 802 (50) 752
SCCDence loan Scheme SADO SANO
Wekome Space

and hudsnthor pe.
Ordeom
Tram/ers
8 6
Cimens odvice
ScC~S
~-Book (7,344) (263)
SCCWwd Pot SA26 (SAIS)
SCCCapitol 6mnt loQN
SCC/bwnkrm trhmmn Gnmt DSGSS (fr(655)
5CCDipitisiindusion 5+75 (C625)
Reocb 802
SCCDmim IoeaSrhane SANO