2023-03-31-accounts - Friends Of Pelican Park

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		Page
Charity Information
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Statement of Financial Position
Statement ofCash Flows		10
Notes to the Financial Statements
Detailed Statement of Financial	Activities	16
Detailed Income and Expenditure	Account	17-18

				Notes	2023	2022
					6
Income from charitable activities					106,809	78,708
Expenditure on charitable	activities				(58,830)	(26,783)
Net operating income					47,979	51,925
Support costs					(110,978)	(115,784)
Governance costs					(6,857)	(4,726)
Other operating income					56,671	102,419
Operating (deficit)/surplus					(13,185)	33,834
Interest receivable					1,693
(Expenditure)/income on	ordinary	activities before taxation			(11,492)	33,834
Tax on (expenditure)/income	on ordinary		activities
Movement in funds: Net	(expenditure)/income			for the financi;	(11,492)	33,834
Reconciliation offunds
Total funds brought forward					226,133	192,299
Net movement in funds					(11,492)	33,834
Total funds carried forward					214,641	226,133

			2023f	2022
Operating activities
(Expenditure)/income for the financial year			(11,492)	33,834
Adjustments for:
Interest receivable			(1,693)
Depreciation			29,682	24,235
Increase in stocks			(1,435)
Decrease/(increase) in debtors			3,562	(4,625)
(Decrease)/increase in creditors			(2,325)	1,800
			16,299	55,244
Interest received			1,693
Cash generated by operating		activities	17,992	55,244
Investing activities
Payments to acquire tangible		fixed assets	(32,560)
Cash used in investing activities			(32,560)
Net cash (used)/generated
Cash generated by operating		activities	17,992	55,244
Cash used in investing activities			(32,560)
Net cash (used)/generated			(14,568)	55,244
Cash and cash equivalents	at	1 April	123,146	67,902
Cash and cash equivalents	at	31 March	108,578	123,146
Cash and cash equivalents	comprise:
Cash at bank			108,578	123,146

fo	r the year ended 31 INarch 20	r the year ended 31 INarch 20	23
3	Operating (deficit)/surplus						2023	2022
							6
	This is stated after	charging:
	Depreciation ofowned fixed assets						29,682	24,235
4	Staff costs						2023	2022f
	Wages and salaries						8,502	5,767
	Social security costs						1,295	454
	Other pension costs							(176)
							9,797	6,045
	Average number ofemployees		during		the year		Number	Number
	Coaching (Part-time)
	Administration / Sports Development			(Full-time)
	Maintenance (Casual)
							7	7
5	Tangible fixed assets
						Plant and	Fixtures
				Buildings		machinery	and fittings	Total
					At cost	At cost	At cost
	Cost or valuation
	At 1 April 2022				197,987	33,681	10,839	242,507
	Additions						32,560	32,560
	At 31 March 2023				197,987	33,681	43,399	275,067
	Depreciation
	At 1 April 2022				98,996	24,593	10,836	134,425
	Charge for the year				19,799	3,368	6,515	29,682
	At 31 March 2023				118,795	27,961	17,351	164,107
	Carrying amount
	At 31 March 2023				79,192	5,720	26,048	110,960
	At 31 March 2022				98,991	9,088	3	108,082
6	Stocks						2023	2022
	Sports equipments	and consumables					1,435

7	Debtors						2023	2022f
	Trade debtors						1,063	4,625
8	Creditors: amounts	falling		due within one year			2023	2022
							6	6
	Trade creditors						2,040	3,600
	Other creditors						1,500	1,500
							3,540	5,100
9	Creditors: amounts	falling		due after one year			2023f	2022f
	Other creditors						3,855	4,620
10	Funds						2023	2022
	At 1 April						226,133	192,299
	Net (expenditure)/income		for the financial year				(11,492)	33,834
	At 31 March						214,641	226,133
	Restricted and unrestricted			funds			2023	2022
	At 1 April				Unrestricted	funds	147,191	48,560
					Restricted	funds	78,942	143,739
	Net income for the financial			year	Unrestricted	funds	22,765	98,631
					Restricted	funds	(34,257)	(64,797)
	At 31 March				Unrestricted	funds	169,956	147,191
					Restricted	funds	44,685	78,942
							214,641	226,133

			Unrestricted funds	Restricted funds	2023 E	2022f
Fixed assets				110,960	110,960	108,082
Current	assets		171,996	(60,920)	111,076	127,771
Current	liabilities		(2,040)	(1,500)	(3,540)	(5,100)
Non-current		liabilities		(3,855)	(3,855)	(4,620)
			169,956	44,685	214,641	226,133

					2023	2022
					6
Income from		charitable	activities
Coaching					28,960	26,562
Pitches					8,652	4,129
Sport games					14,853	18,037
Subcriptions	and fines				32,201	11,973
Gift aid
Fundraising	and charitable			donations	5,789	8,105
Holiday projects and activities					11,662	9,846
Youth Club					4,692	56
					106,809	78,708
Expenditure	on charitable			activities
Catering and	hospitality				(2,053)	(2,734)
Clubs, projects		and sport	activities		(56,777)	(24,049)
Catering and	hospitality				(2,053)	(2,734)
					(58,830)	(26,783)
Gross income					47,979	51,925
Administrative		expenses			(117,835)	(120,510)
Other operating		income			56,671	102,419
Operating (expenditure)/income					(13,185)	33,834
Interest receivable					1,693
Movement in		funds: (Deficit)/surplus			(11,492)	33,834

				2023f	2022f
Governance costs
Legal and professional	costs:
Independent examination		fees		2,040	1,800
Accountancy fees				1,500	1,700
Advertising and PR				3,017	1,213
Other legal and professional			fees	300	13
Governance costs				6,857	4,726
Administrative expenses				117,835	120,510
Other operating income
Grants received				56,671	98,419
Other operating income					4,000
				56,671	102,419