2023-12-31-accounts - The Cart Shed Charity

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	6
Independent Examiner's Report
Statement of Financial Activities
galance Sheet
Cash Flow Statement and Notes		10
Notes to the Financial Statements	11	to	18

TRUSTEES		P M P Wrixon (Chairman	P M P Wrixon (Chairman	to 07/03/2024)
		AI Davies
		8Jackson
		D S Hunt (Chairman	from	07/03/2024)
		Dr R Penney
		Dr C Goldsmith
		A Wrixon
REGISTERED OFFICE		Devereux Wootton
		Norton Canon
		Herefordshire
		HR4 SQN
REGISTERED COMPANY NUMBER		CE007610(England	and Wales)
REGISTERED CHARITY NUMBER		1167802
INDEPENDENT	EXAMINER	R J Francis & Co
		Marshall Business Centre
		Faraday Road
		Hereford
		Herefordshire
		HR4 9NS

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						2023	2022
				Unrestricted	Restricted	Total	Tota I
				fund	funds	funds	funds
			Notes	E	E	E	E
INCOME
Donations, bursa	ries and course income		2	477,772	13,894	491,666	703,401
Investment income			3	4,419		4,419	1,123
Total				482,191	13,894	496,085	704,524
EXPENDITURE ON
Running courses			4	330,835	7,775	338,610	298,055
Support costs			5	96,805	1,208	98,013	92,497
Total				427,640	8,983	436,623	390,552
NET INCOME Transfers between		funds	14a	54,551 4,911	4,911 (4,911)	59,462	313,972
Net movement in	funds			59,462		59,462	313,972
RECONCILIATION	OF FUNDS
Total funds brought		forward	14a	534,603		534,603	220,631
TOTAL FUNDS CARRIED FORWARD			14a	594,065		594,065	534,603

				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	No'tes	6	E	E	f
FIXEDASSETS
Tangible assets		128,614		128,614	136,907
CURRENT ASSETS
Debtors Cash at bank	10 11	38,321 520,054	2,247	38,321 522,301	55,064 421,771
		558,375	2,247	560,622	476,835
CREDITORS
Amounts falling due within one year	12	(92,924)	(2,247)	(95,171)	(74,227)
NET CURRENT ASSETS		465,451	-	465,451	402,608
TOTAL ASSETS LESSCURRENT LIABILITIES		594,065		594,065	539,515
ACCRUALS AND DEFERRED INCOME	13				(4,912)
NET ASSETS		594,065		594,065	534,603
FUNDS	14a
Unrestricted funds Restricted funds				594,065	534,603
TOTALFUNDS				594,065	534,603

					2023		2022
				Notes	E		E
Cash flows from operating		activities
Cash generated from operations					118,574		274,080
Cash flows from investing		activities
Purchase oftangible fixed Interest received		assets			(22,463) 4,419		(126,111) 1123
Net cash used in investing		activities			(18,044)		(124,988)
Change in cash and cash	equivalents		in the
reporting year					100,530		149,092
Cash and cash equivalents		at the beginning
ofthe reporting year					421,771		272,679
Cash and cash equivalents		at the end	of	8
the reporting year					522,301		421,771
RECONCILIATION	OF NET INCOME/(EXPENDITURE)				TO NET CASH FLOW FROM	OPERATING ACTIVITIES
						2023	2022
						E	6
Net income for the		year (as per the		Statement of	Financial Activities)	59,462	313,972
Adjustments for:
Depreciation charges						23,116	22,531
Loss on disposal of		fixed assets				7,640
Interest received						(4,418)	(1,123)
Increase in debtors						16,743	(27,142)
Increase in creditors						16,031	(34,158)
Net cash provided		by operations				118,574	274,080
B. ANALYSIS OF CHANGES IN NET			FUNDS
					At 1.1.23	Cash flow	At 31.12.23
					E	E	E
Net cash
Cash at bank					421,771	100,530	522,301

Office	10S6on cost
Course accommodation	20SSon cost
Motor vehicles	33%on reducing	balance
Computer equipment	33S6on reducing	balance

DONATIONS AND BURSARIES	DONATIONS AND BURSARIES
				2023	2022
Unrestricted				f	E
Course income and donations				386,098	496,669
Lloyds Bank Foundation Bulmers	for England	and Wales		25,050 14,211	27,250 18,211
Bursary places				52,413	13,970
Restricted				477,772	556,100
Donations for new office Course income and donations				13,894	126,036 21,265
				13,894	147,301
				491,666	703,401
INVESTMENT INCOME
				2023	2022
				E	f
Interest receivable				4,419	1123
RUNNING COURSES
				2023	2022
				f	E
Staff costs				286,188	264,604
Transport Motor expenses Tools and consumables New site				6,702 3,150 7,236 13,676	8,167 1,150 8,807
Course direct costs				733	1,923
Sundry expenses Depreciation of motor vehicles Loss on sale ofassets				9,576 3,709 7,640	7,868 5,536
				338,610	298,055
SUPPORT COSTS
				Managing
				the
			Finance	charity	Totals
			E	E	E
Other costs expended			308	97,705	98,013

STAFF COSTS
					2023	2022
					6	f
Wages for running	courses				286,188	264,604
Admin wages					31,381	26,820
					317,569	291,424
The average monthly number		ofemployees		during the year was as follows:
					2023	2022
Trainers					8	8
Administration					1	1
No employees received emoluments			in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF				FINANCIAL ACTIVITIES (2022)
				Unrestricted	Restricted	Tota I
				fund	funds	funds
				E	E	E
INCOME AND ENDOWMENTS		FROM
Donations, bursaries and course income				556,100	147,301	703,401
Investment income				1,123		1123
Total				557,223	147,301	704,524
EXPENDITURE ON
Running courses				282,748	15,307	298,055
Support costs				74,518	17,979	92,497
Total				357,266	33,286	390,552
NET INCOME/(EXPENDITURE)				199,957	114,015	313,972
RECONCILIATION OF FUNDS
Total funds brought Transfers between	forward funds			187,516 147,130	33,115 (147,130)	220,631
Net income/(expenditure) as above				199,957	114,015	313,972
TOTAL FUNDS CARRIED FORWARD				534,603		534,603

		Office	Course	Motor	Computer
		and store	accommoda-	vehicles	equipment	Totals
			tion
			E
COST
At 1January 2023		139,092		30,300	24,128	193,520
Additions		866	21,597			22,463
Disposals		(8,832)			(24,128)	(32,960)
At 31December 2023		131,126	21,597	30,300		183,023
DEPRECIATION
At 1January 2023		19,625		19,061	17,927	56,613
Charge for year		13,363	4,319	3,708	1,724	23,114
Eliminated on disposal		(5,667)			(19,651)	(25,318)
At 31December 2023		27,321	4,319	22,769		54,409
NET BOOK VALUE
At 31December 2023		103,805	17,278	7,531		128,614
At 31December 2022		119,467		11,239	6,201	136,907
DEBTORS:AMOUNTS	FALLING	DUE WITHIN ONE YEAR
					2023	2022
					E	6
Debtors					23,750	25,950
Accrued income					11,780	24,036
Prepayments					2,791	5,078
					38,321	55,064
CASH AT BANK
					2023	2022
					E	E
Current account					254,360	143,883
CAF					10,616	160,616
United Trust Bank					87,325	117,272
Bath Building Society					85,000
Redwood Bank					85,000
Tota I					522,301	421,771

12.	CREDITORS:	AM	OUNTS FALLING DUE WIT	HIN ONE YEAR
						2023	2022
						E	E
	Social security and other taxes Other creditors					5,183 2,387	4,780 2,881
	Accruals Income received		in advance			4,080 83,521	3,800 62,766
						95,171	74,227
13.	ACCRUALS AND		DEFERRED INCOME
						2023	2022
						E	E
	Deferred income						4,912
14.(a)	MOVEMENT	IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.1.23	in funds	funds	31.12.23
				E	E	E	E
	Unrestricted	funds
	General fund			417,331	50,585	4,911	472,827
	Designated fund			117,272	3,966		121,238
				534,603	54,551	4,911	594,065
	Restricted funds
	Clothworkers				1,567	(1,567)
	Armed Forces	Covenant			3,344	(3,344)
					4,911	(4,911)
	TOTAL FUNDS			534,603	59,462		594,065

				Incoming	Resources	Movement
				resources	expended	in funds
				E	E	E
Unrestricted	funds
General fund				478,225	(427,640)	50,585
Designated				3,966		3,966
				482,191	(427,640)	54,551
Restricted funds
Clothworkers				1,567		1,567
Armed Forces Covenant				3,401	(57)	3,344
Bluelight Card Foundation				7,401	(7,401)
High Shet((Fs George' s				1,000 525	(1,000) (525)
				13,894	(8,983)	4,911
TOTALFUNDS				496,085	(436,623)	59,462
Comparatives	for movement	in funds
				Net	Transfers
				movement	between	At
			At 1.1.22	in funds	funds	31.12.22
			E	E	E	E
Unrestricted	funds
General fund			187,516	82,685	147,130	417,331
Designated fund				117,272		117,272
			187,516	199,957	147,130	534,603
Restricted funds
Clothworkers				(32)	32
Armed Forces	Covenant		80	529	(609)
Lottery Community			26,098	(4)	(26,094)
MIND			5,747		(5,747)
Impact Management			1,190		(1,190)
New Office				113,522	(113,522)
			33,115	114,015	(147,130)
TOTALFUNDS			220,631	313,972		534,603

			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted	funds
General fund Designated fund			439,951 117,272	(357,266)	82,685 117,272
			557,223	(357,266)	199,957
Restricted funds
Clothworkers Armed Forces	Covenant		1,644 18,850	(1,676) (18,321)	(32) 529
Lottery Community MIND			771 126,036	(775) (12,514)	(4) 113,522
			147,301	(33,286)	114,015
TOTAL FUNDS			704,524	(390,552)	313,972
A current year	12 months	and prior year 12 months combined	position is as follows:
			Net	Transfers
			movement	between	At
		At 1.1.22	in funds	funds	31.12.23
		E	E	E	E
Unrestricted funds
General fund		187,516	133,270	152,041	472,827
Designated fund			121,238		121,238
		187,516	254,508	152,041	594,065
Restricted funds
Clothworkers			1,535	(1,535)
Armed Forces	Covenant	80	3,873	(3,953)
Lottery Community		26,098	(4)	(26,094)
MIND		5,747		(5,747)
Impact Management		1,190		(1,190)
New Office			113,522	(113,522)
		33,115	118,926	(152,041)
TOTAI. FUNDS		220,631	373,434		594,065

		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	f
Unrestricted	funds
General fund Designated fund		918,176 121,238	(784,906)	133,270 121,238
		1,039,414	(784,906)	254,508
Restricted funds
Clothworkers Armed Forces Covenant Lottery Community New Office Bluelight Card Foundation High Sheriffs George' s		3,211 22,251 771 126,036 7,401 1,000 525	(1,676) (18,378) (775) (12,514) (7,401) (1,000) (525)	1,535 3,873 (4) 113,522
		161,195	(42,269)	118,926
TOTALFUNDS		1,200,609	(827,175)	373,434