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2023-03-31-accounts
CONTENTS Pages
Trustees'
Annual
Report		 1-6
Independent
Examiners'
Report		 on the Accounts 7-8
Charity Commission's
Statement		 of Financial Activites and Balance Sheet 9-10
Detailed
Receipts and Payments		 Accounts 11-14
Statement ofAssets & Liabilities 15
Notes to the Accounts 16-32

To
further
or
benefit
the
residents
of Sherburn
in
Elmet
and
the		 To
further
or
benefit
the
residents
of Sherburn
in
Elmet
and
the
surrounding
villages,
without
distinction
ofsex, sexual orientation,
race		 or
Summary
ofthe objects
charity set out in its
governing
document		 ofthe of political,
religious
or other opinions,
by associating
together
the said
residents
and the local authorities,
voluntary
and other organisations
in a
common
effort to advance education
and provide facilities
in the interests
of social
welfare
for recreation
and
leisure
time
occupation
with
the
objective of improving
the conditions
of life for the residents,
Our two community
buildings
are continuing
to recover following the
pandemic,
but we have now been affected by the Cost of Living (COL)
crisis. Activity levels are very variable as people cut back discretionary
spending
as they respond to the different
impacts
of high energy costs,
food inflation
and now increased
mortgage
payments.
We have
continued
to offer all of our activity classes, arts and crafts activities,
family sessIons as well as offering language
session lessons to refugees
and restarting
our community
cinema. We have also added
in more arts
events
with a range of music —folk, jazz and classical.
At the community
library we responded
to the COL crisis by opening
on		 a
Wednesday
to offer warm
and welcoming
Wednesdays
with a wide range
ofactivities
and talks, offering vouchers from local businesses
and free
refreshments,
We have also run holiday sessions
with North Yorkshire's
FEAST programme.
We have secured further
period of 3 years for the
Summary ofthe main Staying
Healthy
and Independent
and Connected
grant with
North
activities undertaken for the Yorkshire
Council. Just at the end of the year we have been notified that
public benefit
these objects		 in relation to
(include within		 we have been selected as the Community
Anchor Organisation
for North
Yorkshire
council for this area. This will enable us to build on our
this section
declaration		 the statutory
that trustees		 have community
development
work.
had regard to the guidance One of our major concerns
is the maintenance
of our Victorian
building		 at
issued by the Charity
Commission
on public
benefit)		 the Old Girls School. The roof had been leaking especially
after the
recent fairly frequent
heavy downpours,
We were delighted
that Selby
District Council
provide a grant of6148K to refurbish
the roof and some
of the drainage.
This work was carried out during the year.
We were also able to improve
our community
cinema
with the addition
of
acoustic panels and built
in cinema equipment.
Again this funding
was
provided
by Selby District Council. The Community
Cinema
is now
operating
each month
and attracting
good audiences.
Volunteers.
We are indebted
to our fantastic volunteers
without
whom we
could not operate stop we have great loyalty from a large group of
volunteers
who have been with us from the start we have also recruited
new volunteers
to keep up our numbers.
Two long standing
Trustees stood down during the year after making
a
fantastic
contribution,
We are very grateful for their service,

Restricted
Unrestricted Income Endowment Total this Total last
funds funds funds year year
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) 601
Tangible assets (Note 14) B02
Heritage assets (Note 16) 603
Investments (Note 17)
Total fixed assets 605
CUrrent assets
Stocks (Note 18) 605
Debtors (Note 19) 607
Investments (Note 17.4) ecs
Cash at bank and in hand (Note 24) 60s 289,475
Total current assets B10 289,475
Creditors: amounts falling due within
one year (Note 20) B11 2,289 2,289
Net current assetsl(liabilities) e12 289,475
Total assets less current liabi%ties 615 289,475
Creditors: amounts falling due after
one year (Note 20) B14
Provisions for liabilities B15
Total net assets or liabilities e15 304,474 18,629 323,103 289,475
Funds ofthe Charity
Endowment funds (Note 27) 617
Restricted income funds
(Nots 27)		 618 18,629 18,629 80,638
Unrestricted funds 61e 304,473 304,473 208,837
Revaluation reserve B20
Total funds B21 28,475
Signed
by one or two		 trustees
on behalf of all		 Date of
the trustees Signature Print Name approval
dd/mm/
Karen Packham
RECEIPTS 2023 2023 2022 2022
E E
Grants 171,600,68 9,700.00
Covid Grant 2,667.00
Donations 274.20 364.30
Calenda rs, cards, mugs 1,074.00 4,543.01
Fundraising
events		 6,488.15 8,159.78
Room Hire 37,065.11 21,080,86
Rental income 12,211.86 10,004.20
Furlough 3,659.40
Tota I Receipts 228,714.00 60,178.55
PAYMENTS
Calendars,
cards etc		 1,357.20 4,151.36
Wages 47,765.37 34,126.54
Session workers 2,340,00
Advertising
&promotion		 102,81
Costs offundraising events 4,069,96 3,191,93
Room hire 250.00
Repairs & renewals 184,468.25 11,844.45
Telephone 1,063.57 837.58
Training 844.41 252,00
Utilities 8,073.89 3,023.36
Cieaning 153,17 153.45
Printing &Stationery 4.49 353.88
Professional fees 1,620.00
Refreshments/fundraising expenses 291.08 464.51
Total Payments 249,711.39 61,091,87
Surplus ofreceipts over payments -20,997.39 -913.32
Balance as at 1April 2022 204,332.44 205,245.76
Transfer to Reserves 131,757.19
Balance as at 31March 2023 51,577.86 204,332A4

RECEIPTS 2023 2023 2022 2022
f f f
Councillor Grant 750,00
Co-Op Grant 3,041.14
Parish Council G ra nts 4,417,75 3,900,75
Restart Grant 15,000.00 12,000.00
Food Grant 2,000.00
Grants 3,010.00
NHS App Grant 1,000.00
Donations 600.00 562,95
Magic Grant 500.00
Locality Grant 5,000.00
NYCC 3,025.00
Rent/Room Hire 7,404.50 732.00
Takings 2,831.94 4,191,25
Fundraising 101.25 1,377.00
Total Receipts 45,640.44 25,805.09
PAYMENTS
Rent 3,750.00
Wages 6,521.81 3,696.02
Vending expenses 1,474.20 1,166.40
Repairs 2,683,31 30,129.77
Events 980,38 1,331.46
Office supplies 482,75 180.02
Cleaning 358.93 195,74
Volunteer
expenses		 726,75 138.51
Marketing 120.00
Donations 100.52 103,05
NYCC grant money expenditure 9,160.13
Total Payments 26,358.78 36,940.97
Surplus ofreceipts over payments 19,281.66 11,135,88
Balance as at 1April 2022 37,978,10 100,172.13
Transfer to Community Fund 65,274.10 51,058.15
Transfer to Reserves 106,159.83
Balance as at 31March 2023 16,374.03 37,978.10

RECEIPTS 2023 2023 2022 2022
f f f f
NYCC Grants 42,250,00 36,000.00
Furlough 903.28
SCAG Grant 537.70
5HIC Grant 12,500.00
SCAG Event Donation 1,000.00
Minibus Grant 2,000.00 3,570.00
Total Receipts 44,250.00 54,510.98
PAYMENTS
Meal on Wheels 576.00
Wages 12,465.05 18,370,96
Travel Expenses 604.80
Telephone 26.20 2,410.34
Trust 103.36
Events 1,069.00
Repairs 210.00 278.99
Pocket Park 25,000.00
Marketing 25.00 1,202.00
Donations 3,001.00
SHIC Grant to SVS 10,969.00 5,497,00
Professional
Fees		 2,555.00
Refreshments 181.33
Total Payments 26,431.58 58,113.45
Surplus ofreceipts over payments 17,818.42 3,602.47
Balance as at 1April 2022 47,455.68
Transfer from Library Fund 51,058.15
Transfer to Reserves 65,274.10
Balance as at 31March Z023 47,455.68

GENERAL FUND
2023 2023 2022 2022
RECEIPTS
Interest 371.77 0,00
Rent 3,750.00 0,00
Other income 100,00 0.00
OGS asset provision 14,048.32 0.00
Library asset provision 14,29 0,00
Total Receipts 18,284,38 0.00
PAYMENTS
Flooring for OGS 1,050.00 0.00
Total Payments 1,050.00 0.00
Surplus ofreceipts over payments 17,234.38 0,00
8alance as at 1April 2022 0.00
Transfer from Library Account 106,159.83 Q.QQ
Transfer from OGS 131,757.19 0,00
Balance as at 31March 2023 255,151,40 0.00

2023 2022
Notes E
CURRENT ASSETS
Cash at Bank and in hand 325,392,32 289,475,14
CURRENT LIABILITIES
Creditors 20 - 2,289.03
NET ASSETS 323,103.29 289,475,14
Represented by:
RESTRICTED FUNDS 18,629.48 80,637.68
UNRESTRICTED FUNDS 304,473.81 208,837.46
323,103.29 289,475.14
Nots 2 Accounting
polic(es
2.2 INCOME
This si'an dard list ofaccounting
policies has been applied by the char/ty except for those ticked 'Na'ar "IV/a".
Where a different
oradditional policy hss been adopted then fhlsis delailed
/n the box below.
Recagniuon of income These are included
in the Statement
of Financial Activities (SaFA) when:
~
the charity becomes entitled
tothe resources;
it is more likely than nat that the trustees
will receive the		 resources;
and		 Yes No N/a
~
the monetary
value can be measured
with sufficient
reliability,
There hss been na offsetting ofassets and liabilities, or income and expenses, unless required or No N/a
Offsetting permitted
by the FRS 102SORP or FRS 102,
Yes No N/a
Grants and donations
are only included
in the SoFA when the		 general
income		 recognition
Grants and donations criteria are met (5.10ta 5.12FRS102SORP).
In the csee ofperformance
related grants, income must only be recognised
to		 the extent Yee Na N/a
that the charity has provided
the specified goods or services as entitlement
to		 the grant
only occurs when the performance
related conditions
are met		 (5.16FRS 102SORP).
Legacies Legacies are included
in the SOFA when receipt is probable,
that is, when there has		 Yes No Nia
been grani ofprobate, the executors have established
that there are sufficient		 assets in
the estate and any conditrans
attached
to the legacy are either		 within the control af the
charity ar have been met.
Yes No Nla
Government grants The charity has received government
grants
in the reparling
period
Gift Aid receivable
is included
in income when there is a valid		 declaration
from		 the donor.
Tsx reclaims on donationa Any Gift Aid amaunt
recovered
on a donation
is considered
to		 be part ofthai gift and is Yes Na N/a
snd gifbt treated ss an addition ta the same fund as the initial donation unless the donor or the
terms ofthe appeal
have specified otherwise.
Contractual
performance		 income and
related		 This is anly included
in the SoFA once the charity has provided
services or met the performance
related conditions.		 the related goods or es Na N/a
grants
Yss No Nls
Donated goods Donated goads are measured
at fair value (the amount
for which the asset could be
exChanged)
unleSS impraCtiCal
ta dO SO,
The cost af any stock ofgoods donated
for distribution
ta beneficiaries
is deemed
to be
the fair value afthose glfis st the time oftheir receipt and they are recognised
an receipt.		 Yes Na Nls
In the reporting
period
in which the stocks are distributed,
they		 are recognised as an
expense at the carrying
amount ofthe stacks at distribution.
Donated goods for resale are measured
at fair value on initial		 recognition,
which
is the
expected praceeds
from sale less the expected costs ofsale, and recognised
in 'Income
from other trading
activities'
with the corresponding
stock recognised
in the balance		 Yes Na N/s
sheet.
On its sale the value ofstock is charged against 'Income from other eading
activities' snd the proceeds from
sale sre also recognised as		 'Income from other trading
activities'.
Yes No Nis
Goads donated
for on-going use by the charity are recognised		 as tangible
fixed assets
snd included
in the SaFA as incoming
resources when receivable.
Yes No N/a
Gifhr
in kind for use by the charity are included
in the SoFAss		 income from donations
when receivable,
Donated services and Donated services and facilities are included
in the SOFA when		 received at the value of Yes No N/a
facilities the gift to the charity provided
the value ofthe gift can be measured
reliably.
Donated services and facilities that are consumed
immediately		 are recognised as income Yes No N/a
with an equivalent
amount
nicagnised as an expense under the appropriate
heading		 in
the SOFA,
Yes No N/a
Support costs The charity has incurred
expenditure
on support costs.
Volunteer help The value af any voluntary
help received
is nat included
in the
in the trustees'
annual
report.		 accounts
but is		 described Yes No N/a
Income from Interest, This is included
in the accounts when receipt is probable
snd		 the amount
receivable csn		 es o a
royalties and dividends be measumd
reliably.
Income from membership Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations		 ea No N/a
subscriptlons snd Legacies.
Membership
subscriptions
which qives a member
the riqht to buv services or other		 es o a
benefits are recognised as income earned
from the provision ofgoods and services		 as
income from charitable
activities.
Settlement
claims		 ofInsurance Insurance
claims are only included
in the SoFA when the general income recognition
criteria are met (5.10to 5.12FRS102SORP) snd are included as an item of other		 Yes No N/a
income in the SoFA.
Investment
losses		 gains and This includes any realised or unrsalised
gains or lasSeS on the sale of investments
any gain or loss rasulfing
from revaluing
investments
to market value at the end of		 and
the		 Yes Na N/s
year.
2.3EXPENDITURE AND LIABILITIES
Liability recognitlon Liabilities are recognised
where
it is mare likely than nat that there isa legal or		 Yes No N/s
construdive
obligation
committing
the charity to pay aut resources and the amount		 ofthe
obligation
can be measured
with reasonable
certainty.
Governance and su ort Support costs have been allocated be~ n gave«ance costs and other support. es o a
rosS Governance
costs comprise
all costs involving
public accountability
ofthe chartty and its
compliance
vtith regulation
and good practice.
Support costs include central functions
and have been allocated to activity cost		 Yes No N/a
categories on a basis consistent
viith the vse ofresources, eg allocating
property costs
by floor areas, or per capita, staff costs by the time spent and ather costs by their usage.
Where the charity gives a grant with conditions
for its Payment
being a specific level af		 es o a
conditions
g™ti		 service or output to be provided,
such grants are only recognised
in the SaFA once
recipient ofthe grant hss provided
the specified service or output.		 the
Grants payable without
performance
conditions		 Where there are no conditions
attaching
to the grant that enables the donar charity
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.		 to Yes No N/a
Redvndancy cost The charity made no redundancy
payments
during the reporting
period.		 Yea No N/a
Deferred income No material
item of deferred
income has been inclvded
in the accounts.		 Yes No N/a
es No N/a
Creditors The charity has creditors which are measured
at settlement
amounts less any trade
discounts
Provisions for liabilities A liability is measured
on recognition
at its historical cast and then subsequently
measured
at the best estimate ofthe amount
required ta settle the obligation
at the		 Yes No N/a
reporting
date
Basic financial
instruments		 The rharity accounts for basic financial
instruments
on initial recognition as per
paragraph
11.7FRS102SORP. Subsequent
measurement
is as par paragraphs
11.17
to 11.19,FRS102SORP.		 Yes No N/a
2.4ASSETS
Tangible fixed assets for
uss by charity		 These are capitalised
ifthey can be vaed fOr mare than one year, and cost at least		 D Yes No N/a
They are valued at cost,
The depreciation
rates and methods
used are disclosed
in nota 9 2
Intangible fixed assets The charity has intangible
fixed assets, that is, nan-monetary
assets that do not have		 YeS Na N/a
physical substance
but are identifiable
and are controlled
by the charity through
custody
or legal rights.
The amartisation
rates snd methods used are disclosed
in nate 9.5
es a a
They are valued atcast.
Heritage assets The charity has heritage assets, that is, non-monetary
assets with historic, artistic,		 Yes No N/a
scientific, technological,
geophysical
or environmental
qualities that are held
and
maintained
principally
for their contribution
ta knowledge
snd culture.
The depreciation
rates and methods used as disclosed
In note 9.5.1,4,
Yes No N/a
They are valued at cost.
Investments Fixed asset investments
in quoted shares, traded bonds and similar investments
are
valved at initially at cost and subsequently
at fair value (\heir market valve) at the year		 Yes No N/a
end.
The same treatment
is applied to unlisted
investments
unless fair value cannot be
measured
reliably
in which case il is measured
at cost less impairment.
tnvestments
held for resale or pending
their sale and cash snd cash equivalents
with a		 Yes No N/a
maturity date ofless than
1 year are treated as current asset investments
Stocks and work In Stocks held far sale as part of non-charitable
trade are measured
at the lower or cost or		 net Yes No N/a
progress realisable
value.
Gauds ar services provided as part ofa charitable
activity are measured
at net realisable		 value Na N/a
based on the service potential
provided
by items ofstack.
Yes Na N/a
Wort in progress is valued at cost less any foreseeable
loss that is likely to occur on the		 contract.
Debtors (Induding Debtors (Induding trade debtors and loans receivable) trade debtors and loans receivable) are measured on initial recognition initial recognition at Yes No N/a
Debtors settlement amount atter any trade discounts or amount advanced
by		 the charity.
Subsequently,
they are measured at the cash or other consideration
expected to be		 received.
Q
t		 et I~ The charity
ts equivalents
equivalents		 has has investments
which
it holds for resale cr pending
their sale snd
with a maturity date less than one year. These include cash on deposit
with a maturity date ofless than one year held for investment
purposes		 cash and cash
and cash
rather than to		 No N/a
meet short term cash commitments
as		 they fell due.
Yea No N/a
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL
TO OR
DIFFERENT FiROM
THOSE ABOVE
Restricted Restricted
unrestricted Income Endowment
Anal sis funds funds funds Total funds
f		 Prior year
Donations Donations and ifts 15, 36 15,036 90,407
and legacies: Gift Aid
Le acies
General grants provided by government/other
charities 51,918 198,636 250,554
Membership subscriptions and sponsorships
which are in substance donations
Donated oods facilities and services
Other
Total 66,954 198,636 265,590 90,407
Charitable
activities: 10,495 10,495 18,271
Other
Total 10,495 10,495 18,271
Other trading
activities: 60,803 60,803 31,817
Other
Total 60,803
Income from Interest income
investments: Dividend income
Rental and leasin
income
Other
Totai
Separate
material item
of income:
Total
Other: Conversion ofendowment funds into income
Gain on disposal ofa tangible fixed asset held
for chari 's own use
Gain on disposal ofa programme related
investment
Royalties from the exploitation cf intellectual
ro e ri hts
Other
Total
TOTAL INCOME 138,252 198636 336,888 140495
Other Information:
All income In the prior year
(please provide description		 was
and		 unrestricted
amounts)		 except for: CSO Grant - f36,000,
E12,500, SCAG Grant
83,041		 Minibus
grant - K3,570, SHIC Grani-
—f538, Magic Grant -f200, Co-op grant-
Where any endowment fund is converted into Income In the
reporting period, please give the reason for the conversion.
Where any endowment fund Is converted into Income In the
prior period, please give the reason for the conversion.
Within the income Items above the following Items are
material: (please disclose the nature, amount snd any prior
year amounts) CSO Grant - 636,000 and SHIC Grant - 612,500


accounts and other services provided by your indep
was paid please enter '0'in the appropriate
box(es).		 en dent
examine		 r.
Ifnothing
This year Last year
E
Independent
examiner's
fees		 1,200 240
Assurance
services other than audit or independent		 examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid
to the independent
examiner
Trade debtors
Prepayments and accrued income
Other debtors
Total
Trade debtors
Prepayments and accrued income
Other debtors
This year Last year
E
Total

Note 24 Cash at bank and in hand
This year Last year
Short term cash investments (less than 3months maturity date)
Short term deposits
Cash at bank and on hand 325,392 259,475
Other
Total

Type ofexpenses reimbursed This year Last year
Travel
Subsistence
Accommodation
Other (please specify):
TOTAL

There have been no related party transactions
in the		 party transactions
in the		 reporting period (True or False) TRUE TRUE
Amounts
Name
or		 ofthe trustee
related party		 Relationship
to charity		 Description
ofthe
transaction(s)		 Amount Balance at
period end		 Provision for bad
at period end		 debts written off
during
reporting
eriod
Last year
There have been no related party transactions
ln the reporting		 period (True or False) TRUE
Amounts
Name ofthe trustee
Relationship
or related
party
to charity		 Description ofthe
transaction(s)		 Amount Balance at
period end		 Provision for bad
at period end		 debts written
off
during
reporting
erlod
In relation to the transactions
above,		 please provide the
terms and conditions, including
any security and tire nature
ofany paymenf (consideration)
tobeprovided
in settlement,
For eny related parly, please provide details ofany
guarantees
given orreceived.