Charlty roglstratlon number 1175294 Company reglstratlon number 10847748 IEngland and Wales) FARNCOMBE DAY CENTRE LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
FARNCOMBE DAY CENTRE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr E W Hislop (Chairl hAs S Thompson Mi T M Gammon Ms LA Grout Ms A Slorrier (Treasurer) MrMEDFry Ms J E Elcombe Mr D Barker Ms R Thomson (Appoinled 11 April 20231 (Appointed 11 April 20231 IAppoinled 14 September 2023) Charlty number 1175294 Company number 10847748 Reglstered office and Principal address Famcombe Day Centre st John's Street Famcombe Godalming Surrey GU7 3EJ Independent examiner Frances Wilde FCCA DChA Warner Wilde Chartered Certified Ac¢ounianls 4 Marlgold Drivts Bisley Surrey GU24 9SF Bankers C(Foperalive Bank PLC- Manchester 1 Balloon Street Manchester M60 4EP Lloyds Bank PLC- Godalming 49 High Street Godalmlng Surrey GU7 1AT
FARNCOMBE DAY CENTRE LIMITED CONTENTS Page T¥uslees' report Independent examinerfs report Statement of financial activities Balan sheet Notes lo the financial statements 7-19
FARNCOMBE DAY CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The Iruslees present Iheir annual report and financial 8tstemenls for the year ended 31 March 2023. The financial slalemenls have been prepared in accordance with the accounting policies sel out in note 1 to the financial statements and comply with the Charity's governing document. the CorNp2nies Act 2006 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Praclice applicable lo charities preparlng their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" Oblectlves and actlvltles The Trustees operate a day and social centre for those Ilvlng in the Famcombe and Godalming area. The Cenlre is open ¢v&ry weokday throughout the year. The service provided is us&d primarily by Ihose ov8r Iha age of 50 bul is encouraging more allendance by younger users. Ils main objectives are providing a nulrilious mid-day meal al a reasonable price, adjusted annually in line with inflaliori. offering social aclNities and entertainment, and providing additional servi¢es, such as assisted bathing, chiropody, hairdressing elc. Many users would be unable to attend the Centre wilhoul transport. so the Charity operates a minibus, which, for a subsidised pri, provides individual door lo door transport. The minibus is equipped with a tail lift lo accommodate wheelchairs and those who cannot use stairs. The Centre also providos a Community Meals Service ICMSI, which delivers meals within the area of Godalming, Farncombe and Milford. As well as providing the same two course midday meal, the service also offers the delivery of a light lea and Ihe option of the delivery of frozen meals lo cover weekends and other holidays. The CMS service is delivered lo us6rs' homes by volunteer drivers and also provides an important social benefit as il allows the Cenlre, Ihmugh ils drivers, lo check on the wellbeing of users. The Trustees have complied with their duly lo have due regard to the guidan on public benefit published by the Charity Commission in exercising their powers or duties. The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance Following the transition back lo normal services in 2021-22 after the Covid lo¢kdown, 2022-23 has seen the Centre operating fully. With both the in-house me81s and the CMS, the level of takeup of the Cenlre's servi¢¢s is noticeably higher than was normal prior lo Covid. A5 well as the grants covered in the following section, the Centre continued to receive support from local businosses and the wider community, all of which were extremely helpful in allowing th8 Centre lo continue lo operate. The Day Centre staff are very dedicated, and they are assisted by supportive and kind volunleers. 11 is truly a team effort, for which the Trustees and users are very grateful. The cost of providing paid stsff lo carry OLJI these essential duties would be considerable. Along with many other chaiilable organisalions, we continue to have some difficulty in re¢ruiling volunteers. In addition lo providing financial support lor the Day Cenlre through the partnership, Waverley Borough Council has been most generous in providing and maintaining the Day Centre premises. Financial review Our nel income for the linancial year decieased by £2,900 10 £6,722. Our total Income increased by £5,478, how6ver Ihls was offset by an increase in expenditure of £8,378. The Charity is supported by Wavedey 8orough Council both by direct funding and the provislon of premises. The 3-year Funding Agreement which commenced on April 1, 2022 from the Council provides £60.000, an increase of £6.000 from the prior year. This grant accounts for 32¥0 of the Charity's ¥unning costs. The Trustees appreciate that working together with Waverley Borough Council in the context of Ihis agreement that enables the Day Cenlre lo continue lo provide ils services lo the local community ils durallon. In the prior year we also received £12,000 from Waverley Brough Council lo fund a care assistant position.
FARNCOMBE DAY CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 The Charity ljenelilled from generous grant funding to support the running of the Day Cenlre's minibus servlces. We recorded income in Ihe year of £11,667 frorn the Henry Smith Charity Ilhrough the Community Fund lor Surreyl, £2000 from Ihe Thomas Trust Fund and £5,000 from Godalming Town Council. A further grant was received from the Community Foundation for Surrey for £5,573 to fund the purchas8 ol a commercial washing machine and tumble drier for the cenlre. Donation and Legacy income received by the Charity increased by £7,290 to £10,238. The charity benefilted from a number of 'one off, donations in the year as well as receiving legacies left by prior users of the ¢enlre. Expenditure al the Centre was £8,378 higher than the prior financial year. This was driven mainly by increased cAtering costs due lo price inflation as well as higher minlbus costs due to increase in lease costs driven by Finance charges related lo the Minibus Lease rental. The Charity's financial accounts for 2022-23 show a surplus of £6,722 for the year. The Charty nomially aims lo hold a general reseNe of between 6 and 9 months running costs in the belief that this level provides a reasonable buffer against the sudden loss of one or mor¢ major sources of income or fallure in fundraising. As at 31 March 2023 the reserve represented 10.65 months running cost. This cushion for contingencies mean8 that the Charity can make some improv&ments to ils facilities. In the longer term, the Charity will need lo generate a grealer level of donations or Income from ils aclivilies. However, the need to goneral8 income has lo be balanced with the need lo provide seThices al an affordable price for users of the Day Cenlre, many of whom come from the poorest parts of the Waverley Borough. The Charity has set aside suificienl funds lo meet its contractual obligations of the minibLJS leasing agreemonl. The Truslees have given full consideration lo allemalive methods of transporting Day Centre users both lo the Day Centre and for organised outings and have concluded that leasing is the most cost effe¢live option available lo ensure the Day Centre continues to operate effectively and meet the needs of its user community. Risk Management The Trustees prepare a formal Budget e8ch year which enables them to identify slgnlficanl factors and rlsks that Farncombe Day Centre is likely lo face in the coming period. In addition, the Truslees review regularly the main operational risks lo ensure the smooth functioning of ils activities. The Trustees have identified and reviewed the risks lo which Ihe Charity is exFX)sed and have appropriate conlrols in place. structure, governance and management As of 1 April 2018 the Charity operating and managing the Farncombe Day Centre 18 Fameombe Day Centre Limited, which is controlled by ils goveming document, Articles of Assooiation of November 2017. This charity has taken over trom the previous charity, Age Concern Farncombe with the trustees having set up a new charilable company, limiled by guarantee, Farncombe Day Centre Limited Ich8rity 1175294 and company number 108477481. The change was formally approved by the membership of Age Con¢e¥n Farncombe al an Extraordinary General Meeting on 24 July 2017. The transfer of assets and li2bllilies of Age Concem Farncomt)e lo Farncombe Day Centre Limited was done by Deed of Declaration on 31 March 2018. Famcombe Day Cenlre has a Board of Trustees. who are also Directors of Ihg charitable company. Tfusle8S are appointed by the Board of Truslees at their regular meetings. The Trustees undertake the management function with meetings being held monthly or bi-monthly which are attended by the Manager lo whom day to day managem8nl is delegated within defined terms of reference. The Iruslees, who are also the directors for the purpose of company law, and who served during the year and up lo the dale of signalure of the financial slalemenls were.. Ms G Loveluck Dr E W Hislop (Chairl Ms S Thompson Mr T M Gammon Ms LA Grout Ms A Slorrier (Treasurer) MrMEDFry {Resigned 10 February 20231
FARNCOMBE DAY CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Ms L Philippson Ms J E Elcombe Mr D Barker Ms R Thomson (Resigned 25 July 2022) {Appoinled 11 April 20231 {Appointed 11 April 20231 (Appointed 14 September 20231 Trustee applications are invited from interested parties and references ar6 taken. An appli¢anl is provided wlh an induction pack, including the conslilulion and previous minutes of Trustee meetings. To gain an understanding ol the Day Centre's activities and operations, the applicant meets with the Chair and is invited lo visit the Day Centre prior lo allending Board meetings as an observer. If the Trustees and the applicant mutually agree, Ihe applicanl is elected al a subsequent meeting of Ihe Truslees. Nonè of the Iruslees has any beneficial inl8r8sI in the company. All of the Iruslees arg mombors of the company and guarantee lo eonlribule £1 in the event of a winding up. Plans for future Plans for future The Trustees continue lo work lo ensure the Day Centre is a valued communlty asset withln the financial Conslrainls under which they operate. This will of nesSIlY involve a continuing review of the services that are offered and the charges that are made, togelher with ¢onlinuing efforts lo expand the number of users of the Cenlre. In addition, the Trustees will continue lo seek lo diversify the Charity's funding sources. The Irustees, report was approved by the Board of Trustees. DrE Trustee Dated.. Hlslop (Chairmanl
FARNCOMBE DAY CENTRE LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FARNCOMBE DAY CENTRE LIMITED I report lo the Iru$le8s on my examination of the financial slalements of Famcombe Day Cenlre Limiled {Ihe charity) lor the year ended 31 March 2023. Rèsponsibilllles and basls of report As Ihe Iruslees ol Ihe charity land also ils dlreclors for lh8 purposes of company law) you are fesw)siblé lor thè preparation of the financial slalemenls in accordance wth Ihe requiremonls of the Companies Act 2006 Ilhe 2006 Act). Havir)g satisfied myself Ihat Ihe financial sialemenls of the charity are nol required lo be audited under Part 16 of the 2006 Act and are eligible for independent ex8minalion. I report in respect of my examination ol the charity s financlal stalements carried oul under section 145 01 the Chariiies Act 2011 {Ihe 2011 Acll. In carrying out my examination I have followed all the applicable Oireclions given by the Charity Commission under section 14515) {b) of the 2011 Act. Independent examlnerfs statemènt I have completed my examinalion. I confirm that no malters have come lo my allenlion in connecllon with the examination giwng me cause to believe that in any material respect.. accounting records were not kept In respect of th& charlly as requlred by section 386 of Ihe 2006 Act,, or the financial slalemgnls do not accord with those rgcords., or the financlal slalemenls do not comply wllh the 8ccounllng requirements of section 396 of the 2006 Act other than any requirement that the accounts glve a true and fair view which is not a maller consldered as part of an independent examination.. or the financlal statements have not beèn prepar8d In accordance with the methods and principles ol the Slalemenl of Recommended Practice lor accounting and reporting by Charities applicable lo charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no olher m8llers in corbneclion wilh the examination lo 1¢h attention should be drawn in this report in order to 8nable a proper ndstandIng of the financial slalemenls lo bo reathed. Frances Wilde FCCA DChA W8mer Wilde Chartered Certified A(xx)unlanls 4 Marigold Drive Bisley Suffey GU24 9SF Dated.. 18 December 2023
FARNCOMBE DAY CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Restrictod funds funds 2023 2023 Total Unrestricted Restrictod funds funds 2022 2022 Total 2023 2022 Notes Donations and legacies Charitable activities Investments 72,238 99,693 284 22,240 94,478 99.693 284 59,974 100,977 26 28,000 87,974 100.977 26 Total Income 172,215 22,240 194.455 160,977 28,000 188,977 endltur& on: Charitable activities 167,051 20,682 187,733 151,641 27,714 179,355 Net income for the yoarl Nel movement In funds 5,164 1.558 6,722 9,336 286 9,622 Fund balances at 1 April 2022 165,407 13,360 178,767 156,071 13,074 169,145 Fund balances at 31 March 2023 170.571 14,918 185,489 165,407 13,360 178,767 The statement of financlal actlvilies includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial aclivilles also complies with the requirements for an income and expenditure account under the Companies Act 2006.
FARNCOMBE DAY CENTRE LIMITED BALANCE SHEET ASAT31 MARCH 2023 2023 2022 Notes Flxed assets Tangible assets 10 30,480 12.510 Current assets Oeblors Cash al bank and in hand 11 4,823 166,585 7,622 169,732 171,408 177,354 Creditors: amounts falling du6 within one year 12 {16,3991 111.0971 Nel current assets 155,009 166,257 Total assets less current Ilabllltios 185,489 178.767 Income funds Reslricled funds Unrestricted funds 14 14,918 170,571 13,360 165,407 185,489 178,767 The company is entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 Narch 2023. The directors aCknoedge their responsibilities for complying with the requlrements of the Companies Act 2006 with respect to ac¢ounling records and the preparation of financial statements. Thè mémbers have not requlred tha company lo obtain an audit ol its Ilnanclal slalemenls for the year in question In accordance with seclion 476 of the Companies Act 2006. These financial slalemenls have been prepared in accordance wilh the provisions applicable lo companies subjecl lo the small companies wime. The financial staternenls were approved by the Trustees on DrE Trustee Hislop Ichairl Ms A Slorrier (Treasurer) Trustee Company rgglstratlon number 10847748
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 A¢countlng pollcies Charity information Farncombe Oay Centre Limited is a private company limited by guarantee incorporated in England and Wales. The registered otfice is Farncombe Day Cenlre. Sl John's Street, Farncombe. Godalming. Surrey, GU7 3EJ. 1.1 Accounting convention The financial statements have been prepared in accordance with the charills governing document, the Companies Acl 2006 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effeclive 1 January 20191" The charity is a Public Benefit Entily as dofined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not lo prepare a Statement of Cash Flows. The financial statements are prepared in sterting. whlch is the funolional Currency of the Charity. Monetary amounts in these financial slalem8nls are rounded lo the nearest £. The financial slalemenls have been prepared under the historical cost convention. The prfncipal accounting poli¢ies adopted are sel oul below. 1.2 Golng ¢on¢ern At the time of approving the financlal slalemenis, the Iruslees have a reasonable expectation that the Charity has adequate resources lo continue in operational existence lor the foreseeable future. Thus the Iruslees continue lo adopt Ihe going concern basis of accounting in pr8paring the financial slalemenls. 1.3 Charitable funds Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable objecllves. Reslri¢ted funds are subjecl lo specific conditions by donors as lo how they may be used. Tho purposes and uses of the reslricled funds are Sel out in the notes lo the financial slalemenls. Endowment fvnds are subject lo specific conditions by donors that th8 capital musl be maintained by the charity. 1.4 In¢ome Income is recognised when the charity Ss legally enlllled lo it after any performance conditions have been mel, the amotjnls can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Olher donations are recognised once the charity has b88n notified of the donation, unless performance condilions require deferral of the amount. Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised at the lime of the donatiorl. Legacies are recognised on receipt or OtheSe if the charity has been nollfieé ol an impènding distribution, the amount is known, and receipt is expeeled. If the amount is not knowr). the legacy is treated as a conlingenl asset.
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcles {Contlnuedl 1.5 Expendlture Expenditure is recognised once there is a legal or conslruclive obligation lo make 8 paymonl lo a third party, il is probable that selllemenl will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charg&d as a Cost against the activity for which the expenditure was incurred. 1.6 Tanglble lixed assets Tangible fixed assels are initially measured al cost and Subsequently measured al cost or valuation. nel of éeprociation and any impairment losses. Depreciation is recognisèd so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Fixtures, fillings and equipment 20Yo straight Ilne The g8in or loss arising on the dispos81 of an 8ssel Is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the slalemenl of financial aclivilies. 1.7 Impalmient of fixed assets Al each reporting end dale, the charity reviews the carrylng amounts ol ils tangible assets lo determine whether the is any indication that those assets have suffered an impaimenl loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order lo determine the extent of the impairment loss lil any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held al c811 wFth banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank tsverdrafts are shown within borrowings in current liabilities. 1.9 Financial instrumen15 The charity has eleGled lo apply the provisions of SeGlion 11 'Basic Financial Instrumenls, and Section 12 'Olher Financial Instruments Issues. of FRS 102 to all of its financial inslrumenls. Flnancial instruments are recognisad in the charitls balance sheet when the charity becomes party lo the contractual provisions of the instrument. Financial assets and liabilities are offs¢l, with the nel amounts presenl8d in the financial slalements. when there is a legally enforceable right to sel off the ro¢ognised amounts and there is an inlonlion lo sellle on a nel basis or lo realise the asset and sellle the liability simultaneously. Basic flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction price including l¥ansaclion costs and are subsequently carried at amortised ¢osl using the effective inleresl method unless the arrangement constilules a financing Iransa¢lion, where the transaction is measured al the present value of the future receipts discounted al 2 market rate of interest. Financial assets Classified as receivable within one year are not amortised.
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Accountlng pollcies {Contlnuedl Baslc flnanclal liabllllies Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement constilules a financing Iransaclion, wh¢r¢ the debt inslTumenl is measured al Ihe present value of the future payments discounted al a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debl instruments are subsequently carried al amortlsed cost, using the effectlve Interest rale method. Trade creditors are obligations lo pay for goods or services Ihal have been acqulred In the ordlnary cou¥se of operations from suppliers. Amounts payable are classified as Current liabilities if p8ym8nl is due within one year or less. If not, they are presenled as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequenlly measured al amortisgd cost using the effective interest method. Derecognition of financial liabilitl8S FinancAal liabilities are derecognised when the charity's contractual obligations expire or are dischargod or cancelled. 1.10 Employee benefits The cost of any unused holiday enlitlemenl is recognised in the period in which the employee's services are received. Teminalion benefits are recognised immediately as an expense when the charity is demonstrably commilled lo lerminale the employment of an employee or lo provide lerminalion benefits. 1.11 Retlremenl benefits Paymen18 lo defined conlribulion reliremenl benefit schemes are charged as an expense as they fall due. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required lo make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience an other factors that are considered lo be relevant. Actual results may differ from these eslimales. The eslimales and underfying assumptions are reviewed on an ongoing basis. Revisions lo accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that p&riod, or in the period of the revision and future periods where the revision affects both currenl and future periods. Donatlons and logacies Unrestrlcted Restricted funds funds Total Unrestricted Restricted funds funds Total 2023 2023 2023 2022 2022 2022 Donations and gifts Grants receivable 10,238 62,000 10.238 84.240 4,948 55,026 4,948 83,026 22,240 28,000 72,238 22,240 94,478 59,974 28,000 87,974
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Donatlons and legacies (Continuedl Grants receivable for core activities Waverl8y Borough Council CFS - Sente Software & Mami8 Mollan funds Godalming Town Council Henry Smith Foundation CFS- Cyrus Fund Thomas Trust Fund Other 60,000 60,000 54,000 12,000 66,000 1,667 5,000 10,000 5,573 1,667 5,000 10,000 5.573 2,000 3,500 5,000 7,500 3,500 5,000 7,500 2,000 1,026 1,026 62,000 22,240 84.240 55.026 28,000 83,026 CFS - Community Foundation Surrey 10-
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FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Investments Unrestrlcted Unreslricled funds funds 2023 2022 Intest receivable 284 26 12-
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FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Support costs Support Governance costs ¢osts 2023 Support Governan¢6 costs costs 2022 Insurance Licences and permits IT cosls Training Advertislng 1,662 1,627 635 828 1,662 1,627 635 828 1.672 285 642 1.068 110 1.672 285 642 1,068 110 Independent Examiners fee Bank chargos Payroll costs Other governance costs 1,332 767 691 13861 1.332 767 691 13861 1,296 847 682 1,814 1,296 847 682 1,814 4,752 2,404 7,156 3,777 4.639 8,416 Analysed between Charitable activities 4,752 2,404 7,156 3,777 4.639 8,416 Govemance costs include Independent Examination fees of £1,33212022.' £1,266) Trustees None of Ihg Iruslees lor any persons connecled with them) réceived any remuneration or benefits from the charity during the year. Employees The average monthly number of employees during the year was.. 2023 Number 2022 Number Employmènt costs 2023 2022 Wages and salaries Social security costs Other pension costs 105.844 75 1,370 104,575 1,011 1,289 107,289 106,875 There were no employees whose annual remuneration was more than £60,000.
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 10 Tanglble flxod assets Fixtures, Illlln9s and equlpment Cost Al 1 April 2022 Additions 63,209 24,105 At 31 Marth 2023 87,314 Depreclatlon and Impalmient Al 1 April 2022 DeprecAalion charged in the year 50,699 6.135 Al 31 March 2023 56,834 Carrying amount At 31 March 2023 30,480 At 31 March 2022 12,510 11 Debtors 2023 2022 Amounts falllng due wlthln one year: Other deblors Prepayments 3,266 1,557 3,189 4,433 4,823 7,622 12 Creditors.. amounts falling due within ona year 2023 2022 Notes Other taxation and social security Deferred income Accruals 717 10.833 4.849 1,060 2,500 7.537 13 16,399 11.097 13 Deferred income 2023 2022 Other deferred income 10,833 2,500 16-
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 Datarrad In¢ome Icontlnuedl Deferred income is included in the financial statements as follows.. 2023 2022 Deferred income is included within.. Current liabililies 10,833 2,500 Movsmenls In the year= Deferred incorlle al 1 April 2022 Released from prewous periods Resources dele¥red In the year 2,500 12,500) 10,833 2,500 Deferred income al 31 March 2023 10,833 2,500 The minibus grant is deferred lo Ihe extent that il conlribules lo funding costs incLJrred in a fulure period. 17-
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FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 15 Analysis of net assets between funds Unrestricted Restricted funds funds 2023 2023 Total unstrICted Reslri¢led funds funds 2022 2022 Total 2023 2022 Fund balances 8131 March 2023 are represented by.. Tangible assets Current asselsl 18,069 12.411 30,480 1,657 10,853 12,510 152,502 2,507 155,009 163,750 2,507 166,257 170,571 14,918 185,489 165.407 13,360 178,767 16 Events after the reporting datÈ In November 2022, the charity agreed a 5-year lease for a minibus al a cost of £947.13 + VAT peT month. The minibus was delivered in September 2023. 17 R8lated party transactlons There were no disclosable related parly Iransaolions during the year12022 - none). 19-