Newark and District Community First Responders (N&DCFR)
Report for consideration and agreement to the Annual General Meeting January 2024.
N&DCFR is a registered charity and presents its financial statements to the charity commission based on a fiscal year 1[st] July to 30 June.
I have presented below a summary of our final published accounts for fiscal year end 30/6/22, this is our most recent published accounts submitted to the charity commission. I have also presented a summary of 2022/23 accounts, to be submitted this year relating to year end June 2023, and a summary of our current position to December 2023.
The published accounts for the fiscal year ending 30.06.2022 showed the following:
The charity had an opening balance of £15,092.59. During the year it received £2, 954.74 income. This income came from three sources, namely, Newark and District Lottery, Amazon Charitable fund and a one-off donation from Notts County Council linked with the covid pandemic of £2,190.
During the year, N&DCFR spent £1,604.70. We spent £498 on PPE to ensure colleagues had the appropriate level of protection, £640 on Thermo Lens, and £202 on uniform. We had miscellaneous spends throughout the year on small items of equipment.
N&DCFR holds reserves. These reserves ensure, in the case of reduced funding, or exceptional demand, we have funding to enable the team to continue to deliver a service to the people of community.
Financial Summary year ending 30.06.2022.
| Balance B/F | 15,106.59 | |
|---|---|---|
| Income | 2,954.74 | |
| Expense | 1,604.70 | |
| C/F | 16,457.16 | |
| Reserves C/F | 10,044.87 | |
| Total | 26,502.37 |
Summary of Accounts 30.06.2023
During the financial period 01.07.2022 – 30.06.23, our expenditure exceeded income by £1,190 (income £854, and expenditure £2,045). We spent £980 on defib pads and shears, with the remainder being spend across uniform, equipment, hospitality, and stationary. Income has returned to the expected annual income received from Amazon and Newark Lottery.
Financial Summary year end 30.06.2023 (not published).
| Balance B/F | 16,457.16 | |
|---|---|---|
| Income | 854.67 | |
| Expenditure | 2,044.96 | |
| C/F | 15,266.87 | |
| Reserves C/F | 10,105.15 | |
| Total | 25,372.02 |
Summary of Accounts 01.07.2023 – December 2023
The N&DCRF expenditure this year has been £608, with a professional item of £1063 to be accounted for, making a total of £1,671, predominantly uniform, with an income of £136.50, leaving a balance of £13,595 and reserves of £10,174.82.
Commentary
Over the last three years the financial position of N&DCFR has remained strong, with carefully managed expenditure, focussed on essential uniform and equipment, with a small amount of funds coming from two sources, Newark & District Lottery and Amazon Charitable Trust.
We are acutely aware that whilst current account and reserves remains healthy, and able to support up to fifteen operational officers, N&DFCR will this year need to seek further sources of funding. It has been agreed by the committee that we will focus on: -
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Just Giving. We are aware that many of those people we support, and the wider community might want to make contributions to help sustain the service we offer. This fiscal year action will be taken to launch and market a Just Giving site aligned with our existing Web Pages and
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Funding Streams. The treasurer, supported by colleagues has agreed to seek capital funding for uniform and equipment expenditure. Our intention is to conduct a needs analysis across uniform and equipment and seek ‘one off’ funding to support procurement.
I offer this report as a fair and accurate summary of the financial accounts of N&DCFR.
Mark I Housley
Mark Housley
(Treasurer)
Annual Accounts 01.07.2021 – 30.06.2022
Newark and District Community First Responders (N&DCFR) Registered: 1 Brockton Avenue Farndon
Newark NG24 4TH
Charity no . 1165576
– Accounts 01 July 2022 30 June 2023
B/F 16,547.16 Income 854.67 Expenditure 2,044.96 Net income (1,190.29) Balance C/F 15,266.87 Reserves 10,105.15 Total Funds 25,372.02
Notes to accounts:
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N&DCFR receive funding Newark Lottery and Amazon charitable fund. The charity has not secured any further private funding or direct public funding during this financial year.
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All expenses fund admin and medical consumables and personal equipment for first responders and volunteers.
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The charity does not hold any form of fixed assets.
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The charity held reserves of £10,105.15 at the close of the financial
Cash Flow
Summary Sheet
| Paid in | Paid out | Balance B/F | |
|---|---|---|---|
| £16,457.16 | |||
| 2022 July | 30.00 | 422.80 | |
| £16,064.36 | |||
| August | 41.77 | 1,286.48 | £14,819.65 |
| September | 26.00 | 111.98 | £14,733.67 |
| October | 14.50 | 0.00 | £14,748.17 |
| November | 28.54 | 0.00 | £14,776.71 |
| December | 0.00 | 83.70 | £14,693.01 |
| 2023 January | 19.00 | 0.00 | |
| £14,712.01 | |||
| February | 33.47 | 0.00 | £14,745.48 |
| March | 554.50 | 140.00 | |
| £15,159.98 | |||
| April | 24.00 | 0.00 | £15,183.98 |
| May | 33.77 | 0.00 | £15,217.75 |
| June | 49.12 | 0.00 | £15,266.87 |
| Balancing item | 854.67 | 2,044.96 |
These accounts and notes to accounts represent a true and fair picture of the financial transactions of Newark & District Community First Responders.
Treasurer. Signed. M.I.Housley 13.01.2024
Treasurer: Mark Housley,
17 Peterborough Road, Collingham, Newark, Notts, NG237S