Registered number: 1173761
MANOR FARM HOUSE CHARITABLE TRUST TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022
P J Hamson & Co. Limited
Manor Farm House Charitable Trust Trustees' Report and Unaudited Financial Statements For The Year Ended 30 April 2022
| Contents | |
|---|---|
| Page | |
| Charity Information | 1 |
| Trustees' Report | 2 |
| Accountants' Report | 3 |
| Income Statement | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6—7 |
| The following pages do not form part of the statutory accounts: | |
| Trading Income Statement | 8 |
Manor Farm House Charitable Trust Charity Information For The Year Ended 30 April 2022
Trustees Mr Sean Mccluskey Mrs Diane Slaney Mr Alan Slaney Mr Robert Spencer Charity Number 1173761 Registered Office Manor Farm House Church View Bilsthorpe Newark Nottinghamshire NG22 8TB Accountants P J Hamson & Co. Limited Chartered Accountants 99 Wilsthorpe Road Long Eaton Nottingham NG10 3LE
Page 1
Manor Farm House Charitable Trust Charity No. 1173761 Trustees' Report For The Year Ended 30 April 2022
The Trustees present their report and the financial statements for the year ended 30 April 2022.
Statement of Trustees' Responsibilities
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and regulations.
The Trustees are required to prepare financial statements for each financial year. The Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the profit or loss of the Charity for that period. In preparing the financial statements the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustees
The Trustees who held office during the year were as follows:
Mr Sean Mccluskey Mrs Diane Slaney Mr Alan Slaney Mr Robert Spencer
The annual report was approved by the trustees of the charity and signed on its behalf:
Mrs Diane Slaney Trustee
22nd February 2023
Page 2
Manor Farm House Charitable Trust Accountants' Report For The Year Ended 30 April 2022
Chartered Accountants' report to the Trustees on the preparation of the unaudited statutory accounts of Manor Farm House Charitable Trust For The Year Ended 30 April 2022
In order to assist you to fulfil your duties, we have prepared for your approval the accounts of Manor Farm House Charitable Trust for The Year Ended 30 April 2022 which comprise the Income Statement, the Statement of Financial Position and the related notes from the Charity's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-andguidance.
This report is made solely to the Trustees of Manor Farm House Charitable Trust, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Manor Farm House Charitable Trust and state those matters that we have agreed to state to the Trustees of Manor Farm House Charitable Trust, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Manor Farm House Charitable Trust and its Trustees, as a body, for our work or for this report.
It is your duty to ensure that Manor Farm House Charitable Trust has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Manor Farm House Charitable Trust. You consider that Manor Farm House Charitable Trust is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Manor Farm House Charitable Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Darren Spooner
22nd February 2023 P J Hamson & Co. Limited Chartered Accountants 99 Wilsthorpe Road Long Eaton Nottingham NG10 3LE
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Manor Farm House Charitable Trust Income Statement For The Year Ended 30 April 2022
| Notes TURNOVER Cost of sales GROSS PROFIT Administrative expenses OPERATING PROFIT/(LOSS) AND PROFIT/(LOSS) FOR THE FINANCIAL YEAR |
2022 £ 111,049 102,016 9,033 3,921 5,112 |
2021 £ 98,826 97,278 |
|---|---|---|
| 1,548 3,439 |
||
| (1,891) |
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Manor Farm House Charitable Trust Statement of Financial Position As at 30 April 2022
| Notes FIXED ASSETS Tangible Assets 3 CURRENT ASSETS Debtors 4 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 5 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income Statement TOTAL FUNDS |
2022 £ £ 215 215 231 15,772 16,003 3,780 12,223 12,438 12,438 12,438 12,438 |
2022 £ £ 215 215 231 15,772 16,003 3,780 12,223 12,438 12,438 12,438 12,438 |
2021 £ £ 544 544 - 11,672 11,672 4,890 6,782 7,326 7,326 7,326 7,326 |
2021 £ £ 544 544 - 11,672 11,672 4,890 6,782 7,326 7,326 7,326 7,326 |
|---|---|---|---|---|
| 215 12,223 |
544 6,782 |
|||
| 16,003 3,780 |
11,672 4,890 |
|||
| 12,438 | 7,326 | |||
| 12,438 | 7,326 | |||
| 12,438 | 7,326 | |||
| 12,438 | 7,326 |
The financial statements were approved by the trustees, and signed on their behalf:
Mrs Diane Slaney Trustee 20th February 2023
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Manor Farm House Charitable Trust Notes to the Financial Statements For The Year Ended 30 April 2022
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings Straight line over 4 years
2. Average Number of Employees
Average number of employees, including Trustees, during the year was as follows: 5 (2021: 4)
3. Tangible Assets
| Cost As at 1 May 2021 As at 30 April 2022 Depreciation As at 1 May 2021 Provided during the period As at 30 April 2022 Net Book Value As at 30 April 2022 As at 1 May 2021 |
Fixtures & Fittings £ 1,318 |
|---|---|
| 1,318 | |
| 774 329 |
|
| 1,103 | |
| 215 | |
| 544 |
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Manor Farm House Charitable Trust Notes to the Financial Statements (continued) For The Year Ended 30 April 2022
4. Debtors
| . Debtors | ||
|---|---|---|
| Due within one year Prepayments and accrued income . Creditors: Amounts Falling Due Within One Year Trade creditors Other taxes and social security Other creditors |
2022 £ 231 231 2022 £ 2,638 563 579 3,780 |
2021 £ - |
| - | ||
| 2021 £ 3,881 424 585 |
||
| 4,890 |
5. Creditors: Amounts Falling Due Within One Year
6. General Information
Manor Farm House Charitable Trust is a charity, registered number 1173761. The registered office is Manor Farm House Church View, Bilsthorpe, Newark, Nottinghamshire, NG22 8TB. The charity provides lifelong sanctuary for livestock in need, particularly elderly, disabled farm animals and those with special behavioural needs. The charity often takes difficult to rehome animals from other rescue charities and offers them loving care and attention.
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Manor Farm House Charitable Trust Trading Income Statement For The Year Ended 30 April 2022
| TURNOVER Corporate donations Egg donations Merchandise sales Public donations and subscriptions Yarn sales COST OF SALES Yarn processing and postage Animal feed Bedding Farrier and sheering costs Medical supplies Pest control and other direct expenses Veterinary costs Wages and salaries GROSS PROFIT Administrative Expenses Computer software, consumables and maintenance Repairs, renewals and maintenance Insurance Printing, postage and stationery Advertising and marketing costs Accountancy fees Bank charges Depreciation of fixtures and fittings Sundry expenses OPERATING PROFIT/(LOSS) AND PROFIT/(LOSS) FOR THE FINANCIAL YEAR |
2022 £ £ 93,583 870 2,061 11,832 2,703 111,049 945 23,442 6,310 1,390 840 4,602 10,812 53,675 102,016 9,033 - 1,050 1,494 35 240 360 413 329 - 3,921 5,112 |
2022 £ £ 93,583 870 2,061 11,832 2,703 111,049 945 23,442 6,310 1,390 840 4,602 10,812 53,675 102,016 9,033 - 1,050 1,494 35 240 360 413 329 - 3,921 5,112 |
2021 £ £ 75,097 850 2,409 16,222 4,248 98,826 1,780 18,599 9,338 1,910 161 4,956 11,793 48,741 97,278 1,548 211 761 1,501 95 (300) 360 475 329 7 3,439 (1,891) |
2021 £ £ 75,097 850 2,409 16,222 4,248 98,826 1,780 18,599 9,338 1,910 161 4,956 11,793 48,741 97,278 1,548 211 761 1,501 95 (300) 360 475 329 7 3,439 (1,891) |
|---|---|---|---|---|
| 111,049 102,016 |
98,826 97,278 |
|||
| - 1,050 1,494 35 240 360 413 329 - |
211 761 1,501 95 (300) 360 475 329 7 |
|||
| 9,033 3,921 |
1,548 3,439 |
|||
| 5,112 | (1,891) |
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