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2023-03-31-accounts

SBames (appointed 27June 2022)
JCampbell
J Dowling
M England (appointed 27June 2022)
R (sherwood
D Oakensen
AOakes
CRose
SSandon
Principal OIBce The Bridge
Frome
Somerset
BA11 1AP
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Mailing
Kent
ME194JQ
Natalie Freud BMus MA ACMA COMA FFA FIPA FISM MSWW
R.E.Froud &Assodates
Ltd
81 Robins Lane
Frorrw
Somerset
BA113ET
Registered Charity Number II&5$7S

TATEMENT
F
ACTI
INCOIIE AND E){PENDITURE
VITIES FORTNE YEA
2023
Income Unrestr(cled
fundsf
Resuicted
funds
Endow(rent
fundsf
Tenet funds
f
Donabans and legacies
Charitable
activ)Ses
Inveslmenls
3.022
'(22,035
887
3,022
122,035
2260
107.471
Total income 887 9,002
125,944 116,733
Expenditure
Expenditure
on cnnnraute
acsv(aes
Expenditures
on raut(ng funds
Tabd expancfrture
4 i135,646l
~WN
(136,450)
(135.646)
~
I
(136.460)
Nel gams/{@sacs) an in as(ments
Tmnsfers behceen funds
(11,067)
(23,306l
(1(,067) 9,457
{44,900) {21.604) 123)70
Reconcgtadon offunds
Total fcvrds bmught fansenl
Total funds carrted fonvanl
240381
195A01
188896
10S,SSS
407913
431~0
837190
816r596
824.320
837,190
THE BLU E HOUSE
OF FINAN P AT 1 H
FIXEDASSETS f 2022
f
Tampble Assets
sweetmeats
(atMarket
value) 431,2\9
265.441
407,913
276.668
CURRENT ASSETS
Stock
Debtors 100 100
Cash at bank and m hand 4,404
127,876
14.386
150,536
01,300 05.022
CREDITORS: Amounts falling due wrthin one year 10 3.
NET CURRENT ASSEfS 110.031 152000
NET ASSETS 810.5M 311M
FUNDS OFTHE CHARITY
Unreseicted
funds
Restdcted funds
Endowment
funds
11
11
11
195,481
188,896
431,219
240,381
188,896
407,913
TOTAL CHARITY FUNDS 01MM 831.1M

5. PARTICULARS OF INCOSK AIEI EXPENDITURE FROM SOCIAL HOUSING LETTMGS
lnocme from lofting actlvrly
Weekly mamtenance contribu5ons and ugMSS 122,035 107,471
Turnover
from social housing
lettings 122.095 107,471
Management
Mavrtenance
37,598 25.241
UlilSISSS8msursnce 45.639 48.095
Other suppoSt costs 29,405
23,005
25,098
16,886
Operatmg
expenditure
on
nodal housing leltings 1'15,320
peraling
surplusl(delicit)
on social housmg lethngs ~899
8. SUPPORT COSTS
2023 2022
Staffcosts
IT&telephone
Office costs
8,700
8,056
7.166
4,724
Governance
costs
2,488 i92)
3,781 .085
23M5 16886
7. GOVERNANCE COSTS
2023 2022
Accountancy,
legal and
Fees8sutrscrkrtlons
professional 6 6
Bank charges 3,708 4,991
97
3 73 009!
8. STAFFCOSTS AND NIREIERS
2023 2022
Wages 6 Salaries 6
66XII
2
29,769
25769
Management
and admSnrshation
staff

F
ST
F
NOTES TOT1%FINANCIAL STATEMENTS -cont'd
0.
TANGIBLE FCIEOASSETS
E
D31 TMARCH
2
Freehold Total
Cost propmty
f
At 31March 2022
AddSons 407,913 407,9'i3
23,306 23,306
At 31March 2023 3,
Deprecisbon
At31March 2022831March 2023
Net book value
At March 2023
3 .210 431,2
At March 2022
0701 07.0 3
Net book value
At March 2023
At March 2022
Net book value
At March 2023
At March 2022
3 .210
0701
3 .210
0701
431,2
07.0 3
The freehold
property
represents
boy's charity school snd situated
the slue House. a Grade
1 listed busding
on an island in the River Frome adjacent to
built
in 1726as
Bra town centre
an aknshouse
end
10. INVESTSIENTS
Valuation 2023f
At 1st Aprs
Net gavrs/(losses)
276,668 267.211
Net book value at 31 March .2 9.407
200447 70M0
Invesbnents
in the year
comprise ofMBG securibes, Slack Rock. and CAF lave@meme.
11.DEBTORS
2023 2022
Trade debtors f
Pmpayrnents
and accnud inoome
Other debtors
1,265
3,139
10,081
4,287
18
4.370
12.CREDITORS AMOUNTS FALUNG DUE WITI0N ONE YEAR
Trade credrtors
2023f 2022f
Taxation and social security
Aocruals and deferred income
480
878
6,002
884
12,086
3444
5,527
12.4 3

NOTES TOTl%
13
RN ANCIAL STATEMENI S -cont'd
.MOVANT IN FUNOS
At1Aptg
2022
Income Expenditum Gains I Transfers At 31
March
240,381 6
125.944
(135450) (11,087) 6
(23,306)
2023
K
195,481
funds
Extraordinary
repairs fund
108,101
Cynical mamtenanCe fund 54.875 108.101
Clock maintenanoe fund 25.920 54,875
188,896 25,920
188,896
Endowment
funds
407,913 23,306 431,219
Total funds 837,190 125,944 (136,450) (11,081) 815,596
Prior Year At 1Apdl
2021
f
349,666
Income
118.733
Expendiane
6
(115,320)
~
Gains I
10,368
Transfers
6
(123,066)
At31
March
2022
5
240,381
Restdcted funds
Extraordinary
repaics fund
Cyc)(ca) maintenance
fund
Clock maintenance
fund
10I,175
54,875
27,757
926
(1,837l
108,101
54,875
25.920
189,807 (911) t88,896
Endowment
funds
284,847 123.066 407,913
Total funds 824.320 118,733 (I(5,320) 9457 837,190

STATEI%NT
RNANC
AC
ENDED 31
EXP EA
INCOME
Coffee Morning saNs
Donalone
Frorne Festival
Hire ofchurch hall
Interest receivswe
Knit &Natler salas
Usa ofguest roonl
Utilibes
422
330
887
1,085
578
9,002
180
60
)NMC 38,330
03.700
34,587
72.804
125.044 I 0733
EXPENDITURE
Coffee Mormng expenses
Flat 21update
782
Frame Festival costs
Paraes and gifls
Residents support
Repairs and maintenance
Ualit)es
Rates
Tools and equipment
Salaries and v5ages
Staffcosts
OIIce costs
Insurance
Travel and subsetence
Accountancy,
legal snd professional
Health and safety
Subscriptions
Bank charges
Advancing
&PR
Sundry expenses
22
317
1.298
42,526
17,632
7,330
329
44,306
435
8.858
4.443
260
3,109
2,522
598
74
80
1,026
5.376
335
1,034
40,924
17,587
3,359
1,488
29,789
176
5,223
4,151
1,418
4.991
1,664
570
97
540
13,383)
700.400 115.32I
Net gains/(losses)
on invesbnents
!11,087) 9,457
OPERATING SURPLUS((DEFICIT) FOR THE YEAR
12.070