| Page | |||
|---|---|---|---|
| Company Information |
|||
| Report ofthe Trustees | |||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements | 10 |
| DIRECTORS: | ||
|---|---|---|
| P Dixon | ||
| JOllis (Co-chair) | ||
| D Bridge | ||
| FYianni (Co-chair) | ||
| BSterling | ||
| SECRETARY: | BMistry | |
| HONARARY TREASURER: | JP Rata | |
| REGISTERED OFFICE: | Town Hall Buildings | |
| Bow Street | ||
| Langport | ||
| Somerset | ||
| TA10 9QR | ||
| REGISTERED NUMBER: | 03925616(England and | Wales) |
| INDEPENDENT EXAMINER: | GSVerde Accountants | Ltd |
| Maple House | ||
| 5 The Maples | ||
| Cleeve | ||
| Bristol | ||
| BS494FS |
| Current Year | Previous Year | %Increase | / | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 31March 2023 | 31March 2022 | Decrease | |||||||
| Unrestricted Funds Reserves |
|||||||||
| Employee Commitment |
Fund (to | cover unforeseen | 9,000 | 9,000 | |||||
| em lo ent costs |
|||||||||
| Building Contingency remisese,tenanc |
Fund | (to cover costs related to | 4,000 | 4,000 | |||||
| Development Fund (to |
enable company | to respond to | 5,000 | 5,000 | |||||
| o ortunities that are not included |
in bud ets |
||||||||
| A Capital Equipment Fund |
(computers | / technical | 2,000 | 2,000 | |||||
| e ui ment | |||||||||
| A General Reserve (four to | six months | operating | 33,149 | 29,260 | 13.29% | ||||
| costs to cover eventualities, | such | as short-term | cash | ||||||
| flow roblems, sudden |
loss | offundin | |||||||
| Restricted / Desi nated |
Funds | ||||||||
| Total Funds | 53,149 | 49,260 | 7.89% |
| Year ended | Year ended | |||||
|---|---|---|---|---|---|---|
| 31March 2023 | 31March 2022 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| Income: | ||||||
| Donations | and legacies | 97 | 102 | 1,383 | ||
| Charitable | activities | 136,926 | 75,263 | 212,189 | 180,730 | |
| Investment | income | 1,775 | 1,775 | |||
| Total income: | 138,706 | 75,360 | 214,066 | 182,114 | ||
| Expenditure: | ||||||
| Cost ofraising funds | 134,817 | 134,817 | 127,894 | |||
| Charitable | activities | 75,360 | 75,360 | 52,760 | ||
| Total expenditure | 134,817 | 75,360 | 210,177 | 180,654 | ||
| Net income/(expenditure) | 3,889 | 3,889 | 1,460 | |||
| Reconciliation offunds |
||||||
| Total funds | brought | forward | 49,260 | 49,260 | 47,800 | |
| Total funds | carried forward | 53,149 | 53,149 | 49,260 |
| ALANCE SHEET t 31March 2023 |
|||||
|---|---|---|---|---|---|
| 31March | 2023 | 31March | 2022 | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 178 | 237 | |||
| CURRENT ASSETS | |||||
| Debtors and prepayments | 3,842 | 23,067 | |||
| Cash at bank and in hand | 177,474 | 176,031 | |||
| TOTAL CURRENT ASSETS | 181,316 | 199,098 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
128,345 | 150,075 | |||
| NET CURRENT ASSETS | 52,971 | 49,023 | |||
| TOTAL ASSETSLESSCURRENT | LIABILITIES | 53,149 | 49,260 | ||
| RESERVES | |||||
| Funds held at 31March 2022 | 49,260 | 47,800 | |||
| Surplus / Deficit for the year |
3,889 | 1,460 | |||
| Expenditure allocated to future |
|||||
| projects | |||||
| At 31March 2023 | 53,149 | 49,260 |
| UNDS SUR | PLUS / (DEFICIT) | |||||
|---|---|---|---|---|---|---|
| The surplus | / | (deficit is stated after charging: | 31March | 31March | ||
| 2023 | 2022 | |||||
| Depreciation | —owned assets | 59 | 79 |
| 6. | ANALYSIS OF STAFF COSTS | ANALYSIS OF STAFF COSTS | |||
|---|---|---|---|---|---|
| The average number ofpersons employed | by the charity during the period was as follows: | ||||
| 2023 | 2022 | ||||
| Full time employees | |||||
| Part time employees | |||||
| 7. | TANGIBLE FIXEDASSETS | ||||
| Plant and machinery | |||||
| COST | |||||
| At 31March | 2022 | 8,677 | |||
| Additions | |||||
| At March 2023 | |||||
| 8,677 | |||||
| DEPRECIATION | |||||
| At 31March | 2022 | 8,440 | |||
| Charge for year | 59 | ||||
| At 31March | 2023 | 8,499 | |||
| NET BOOK | VALUE | ||||
| At 31March | 2023 | 178 | |||
| At 31March | 2022 | 237 | |||
| 8. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| At | 31March | At 31March | |||
| 2023 | 2022 | ||||
| Trade debtors | 3,520 | 22,750 | |||
| Other debtors | |||||
| Prepayments | and accrued income | 322 | 317 | ||
| 3,842 | 23,067 |
| 9. | CREDIT | ORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|---|---|
| At 31March | At 31March | |||
| 2023 | 2022 | |||
| Creditors | and accruals | 2,965 | 2,847 | |
| Core activities income received in advance | 15,147 | 36,898 | ||
| Artistic project income received in advance | 110,233 | 110,330 | ||
| 128,345 | 150,075 | |||
| 10. | RESERVES | |||
| Income &expenditure | ||||
| account | ||||
| As at 31 | March 2022 | 49,260 | ||
| Surplus / |
(deficit) for the period | 3,889 | ||
| As at 31 | March 2023 | |||
| 53,149 |