2023-03-31-accounts - Broadstairs Town Shed

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			Page
Reference and administrative		details
Chair's statement			2-3
Report ofthe trustees			4-5
Independent Examiner's	report
Statement ofFinancial Activities
Balance sheet
Notes tothe accounts			9-15
Detailed Statement ofFinancial Activities			16

			Unrestricted	Restricted	Broadstairs	2023Total	2022 Total
		Notes	funds	funds	Town Shed	funds	funds
			E	E	E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies				34,730	33,045	67,775	22,191
Charitable activities
Shed product sales and community		work			7,853	7,853	5,834
Shed membership fees					13,101	13,101	8,491
Tasty Planter Sponsorship				1,087		1,087
Other trading activities				3,635		3,635	2,704
Total				39,452	53,999	93,451	39,220
EXPENDITURE ON
Raising funds				204		204	156
Charitable activities
Broadstairs Town Shed				3,600	48,181	51,781	40,177
Gardens Group				7,434		7,434	3,131
Tasty Planters				1,280		1,280	139
Litter picking			139			139	139
Jubilee community event				16,518		16,518
Total			139	29,036	48,181	77,356	43,742
NET INCOME / (EXPENDITURE)			(139)	10,416	5,818	16,095	(4,522)
Transfers between funds
Net movement in funds			(139)	10,416	5,818	16,095	(4,522)
RECONCILIATION OF FUNDS
Total funds brought forward			453	17,922	54,453	72,828	77,350
TOTAL FUNDS CARRIED FORWARD			314	28,338	60,271	88,923	72,828

BROADSTAIRS TOWN TEAM LTD BALANCE SHEET 31MARCH 202$
		Unrestricted	Restricted	Broadstairs	2023Total	2022 Total
	Notes	funds	funds	Town Shed	funds	funds
		E	E	f	f	E
FIXEDASSETS
Tangible assets				5,653	5,653	11,518
CURRENT ASSETS
Debtors				5,686	5,686	4,464
Cash at bank and in hand		313	28,401	51,111	79,825	58,286
		313	28,401	56,797	85,511	62,750
CREDITORS
Amounts falling due within 1year	10		(62)	(2,179)	(2,241)	(1,440)
NET CURRENT ASSETS		313	28,339	54,618	83,270	61,310
TOTAL ASSETS LESSCURRENT LIABILITIES		313	28,339	60,271	88,923	72,828
NET ASSETS		313	28,339	60,271	88,923	72,828
FUNDS
Unrestricted funds					313	453
Restricted funds					88,610	72,375
TOTAL FUNDS					88,923	72,828

NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
Independent examination

The average monthly	number ofemployees	during the year was:	2023	2022
Broadstairs Town Shed
All projects

No employees received emoluments in excess off60,000.	No employees received emoluments in excess off60,000.	No employees received emoluments in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Broadstairs	2021Total
		funds	funds	Town Shed	funds
		f	f	f	f
INCOME AND ENDOWMENTS	FROM
Donations and legacies			7,477	14,714	22,191
Charitable activities
Shed product sales and community		work		5,834	5,834
Shed membership fees				8,491	8,491
Friends ofthe Shed
Other trading activities			2,704		2,704
Total			10,181	29,039	39,220
EXPENDITURE ON
Raising funds			156		156
Charitable activities
Broadstairs Town Shed			3,600	36,577	40,177
Gardents Group			3,131		3131
Tasty Planters			139		139
Litterpicking		139			139
Total		139	7,026	36,577	43,742
NET INCOME / (EXPENDITURE)		(139)	3,155	(7,538)	(4,522)
Transfers between funds		630	(630)
Net Movement in funds		491	2,525	(7,538)	(4,522)
RECONCILIATION OF FUNDS
Total funds brought forward		592	14,767	61,991	77,350
TOTAL FUNDS CARRIED FORWARD		1,083	17,292	54,453	72,828

FOR	THE YEAR ENDED 31MARCH 2023	THE YEAR ENDED 31MARCH 2023	THE YEAR ENDED 31MARCH 2023	THE YEAR ENDED 31MARCH 2023
8	TANGIBLE FIXEDASSETS
						Improvements	Plant and
						to property	machinery	Total
						E	E	E
	COST
	At 1April 2022					17,147	40,841	57,988
	Additions						887	887
	At 31March 2023					17,147	41,728	58,875
	DEPRECIATION
	At 1April 2021					10,370	36,099	46,469
	Charge for the year					1,715	5,038	6,753
	At 31March 2023					12,085	41,137	53,222
	NET BOOK VALUE
	At 31March 2023					5,062	591	5,653
	At 31March 2022					6,777	4,742	11,519
9	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2023	2022
							E	E
	Prepayments and accrued income						5,686	4,464
10	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
							2023	2022
							f	f
	Accruals and deferred		income				2,241	1,440
11	MOVEMENT IN FUNDS
							Transfers
						Net movement	between
				At	1/4/2022	in funds	funds	At 31/3/2023
					f	E	E	f
	Unrestricted funds
	General fund				453	(139)	2,013	2,327
	Restricted funds
	Broadstairs Town Shed				54,453	5,818		60,271
	Gardens Group				1,539	2,941		4,480
	Tasty Planters				111	(193)		(82)
	Shed Lift				3,600	(3,600)
	Shed Roof Fund				12,522	9,255		21,777
	Turner and Dickens	Mosaics			150			150
	Jubilee Community	Event				2,013	(2,013)
					72,375	16,234	(2,013)	86,596
	TOTAL FUNDS				72,828	16,095		88,923

A current year 12m	onths and prior year 12months	combine	d po	sition isas	follows:
					Net	Transfers
				movement in		between
		At	1/4/2021		funds	funds		At 31/3/2023
			f		f		f		f
Unrestricted funds
General fund				592	(278)		2,013		2,327
Restricted funds
Broadstairs Town Shed			61,991		(1,720)				60,271
Gardens Group					4,480				4,480
Tasty Planters					(82)				(82)
Shed Lift			7,200		(7,200)
Shed Roof Fund			7,417		14,360				21,777
Turner and Dickens	Mosaics			150					150
Jubilee Community	Event				2,013		(2,013)
			76,758		11,851		(2,013)		86,596
TOTAL FUNDS			77,350		11,573				88,923
A current year 12months and prior year 12months		combined	net	movement	in funds, included		in the above:
				Incoming		Resources		Movement
				resources		expended		in	funds
					f		f		f
Unrestricted funds
General fund							(278)		(278)
Restricted funds
Broadstairs Town Shed					83,038		(84,758)		(1,720)
Gardens Group					15,045		(10,565)		4,480
Tasty Planters					1,337		(1,419)		(82)
Shed Lift							(7,200)		(7,200)
Shed Roof Fund					14,720		(360)		14,360
Turner and Dickens	Mosaics
Jubilee Community	Event				18,531		(16,518)		2,013
					132,671	(120,820)			11,851
TOTAL FUNDS					132,671	(121,098)			11,573