| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Capital | Funds | Unrestricted | Capital | Ands | ||
| Funds | Funds | 2023 | Funds | Funds | 2022 | ||
| Notes | 8 | ||||||
| INCOMING RESOURCES | |||||||
| Bmxiowe Bomugh Council Grant | 16,000 | 16,000 | |||||
| Government Furlough Scheme |
15,980 | 15,980 | |||||
| Gift From Previous Entity | 185,962 | 185,962 | |||||
| Donations and Legacies |
2s | 31,468 | 31,468 | 20,590 | 20,590 | ||
| Income fmm Charitable Activities |
2b | 51,022 | 51,022 | 38,905 | 38,905 | ||
| Income fmm Other | |||||||
| Trading Activities | 2c | 45,491 | 45,491 | 36,324 | 36,324 | ||
| Inves!ment Income | 3 | 56,051 | 56,051 | 214,084 | 214,084 | ||
| Fund Raising | 173 | - | 173 | 843 | 843 | ||
| TOTAL INCOMING | |||||||
| RESOURCES | 128 154 | S6051 | 18420S | 314604 | 214084 | 528688 | |
| Charitable Activities |
118,998 | 9,316 | 128,314 | 111,315 | 17,862 | 129,177 | |
| Other | 129,038 | 129,038 | 107,084 | - | 107,084 | ||
| TOTAL EXPENDITURE | 248036 | 9316 | 2$7352 | 218 99 | 17862 | 236261 | |
| Unresliseg Gains/(Losses) |
|||||||
| on Investments | (199,084) | (199,084) | (84.349) | (84,349) | |||
| Net Income/(Expead iture) |
(119,882) | 46,735 | (73,147) | 96,205 | 196,222 | 292,42'/ | |
| Transfers Between Funds | 105,264 | (10S,264) | 223,461 | (223,461) | |||
| Actuarial Gain/(Loss) on Defined |
|||||||
| Benent Pension Scheme in the | |||||||
| year since transfer ofscheme | 15 | 190000 | 190000 | 29000 | 29000 | ||
| Net Movement in Funds |
17$,382 | (257,613) | (82,231) | 348,666 | (111,588) | 237,078 | |
| RECONCILIATION OFFUNDS | |||||||
| Totelfunds broughtforward |
1,369,824 | 2,101,537 | 3,471361 | 1,021,158 | 2,213,125 | 3,234,283 | |
| TOTAL FUNDS | |||||||
| CARRIED FORWARD | 13 | 1545206 | 1843924 | 3 89130 | 1 369824 | 2 101$37 | 3471 361 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Capital | Total | Total | ||||
| Funds | Funds | Funds | Funds | ||||
| Notes | 8 | d | |||||
| FIXED ASSETS | |||||||
| Tangible assets | 8 | 931,885 | 931,8$5 | 947,661 | |||
| Fixed asset investments | ga | 460 | 000 | 460000 | 460 00 | ||
| 1 | 391 | 885 | 1 91885 | I 407 61 | |||
| CURRENT ASSETS | |||||||
| Stocks | 9 | 723 | 723 | 1,001 | |||
| Debtors | 10 | 4,018 | 4,018 | 5,696 | |||
| Investments | 11 | 1,843,924 | 1,843,924 | 2,101,537 | |||
| Cash atbank and in hand | 171,186 | 171,186 | 169,265 | ||||
| 175 | 7 | 1 843924 | 2019851 | 2 77499 | |||
| CREDITORS | 12 | (15,606) | (15,606) | (16,799) | |||
| NET CURRENT ASSETS | 160 | 321 | 1 843 924 | 004 45 |
60700 | ||
| TOTAL ASSETS LESS | |||||||
| CURRENT LIABILITIES | 1,552306 | 1,843,924 | 3,396,130 | 3,668,361 | |||
| Pension Scheme Degcit | 15 | (7,000) | (7,000) | (197,000) | |||
| NET ASSETS | I | 45206 | 1843924 | 3 89130 | 3471 61 | ||
| THE FUNDS OFTHE CHARITY | 13 | ||||||
| Unrestricted funds: |
|||||||
| General Fund | 1,552406 | 1,566,824 | |||||
| Pension Reserve | 7000 | 197000 | |||||
| 1,545,206 | 1,369,824 | ||||||
| Capital Fund | 1,843,924 | 2,101,537 | |||||
| TOTAL CHARITY FUNDS | 3389130 | 3471 61 |
| 2a.Donatio | as | and Lega | cies | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rllldth4 | ~Ut 'H d | ~Ttal $023 8 |
Xoal XQk 8 |
|||||||
| Donations | 598 | 598 | 1,781 | |||||||
| Gifl Aid | 862 | $62 | 459 | |||||||
| Rent ofHouse | 28,750 | 28,750 | 18,350 | |||||||
| Bill Holmes | Legacy Fund | I | 58 | I 58 |
||||||
| 31 | 468 | 31468 | 20 90 | |||||||
| 2b, Income | ISom Charitable | Activities | R~es rl | d | QK88Ifiglgt) | ~ot | ~I | |||
| 8 | 2023f | 8 | ||||||||
| Subscriptions | 3,534 | 3,534 | 4,877 | |||||||
| Sundry Receipts | 92 | 92 | 14 | |||||||
| Pantomime | Income | 2,423 | 2,423 | 2,599 | ||||||
| Canteen Income | 1,143 | 1,143 | 901 | |||||||
| Development | Work Income | 34,590 | 34,590 | 30,1/2 | ||||||
| Camp | 7,199 | 7,199 | ||||||||
| Sale ofUnfforms | 111 | 111 | 117 | |||||||
| Activity Income | 730 | 730 | 225 | |||||||
| Western Power Income | 1 | 00 | 1 00 | |||||||
| 51 | 022 | 51022 | 38905 | |||||||
| 2c.Income | from Other | Trading Activities | ||||||||
| ~otal | Total | |||||||||
| gmmricted | ILBK85l12RtSl | 2023 | 2022 | |||||||
| 8 | 0 | |||||||||
| Room and Ground Hire | 45 | 491 | 45491 | 36 24 | ||||||
| 3. Investment | Income | |||||||||
| ~To I |
~T | |||||||||
| 2023 | 2)Q2 | |||||||||
| Investment | income | g 48,$40 |
g 252,004 |
|||||||
| Gains/(Losses) | on Investment | 7 11 |
37920 | |||||||
| 56051 | 214084 | |||||||||
| ~TI | ~tal | |||||||||
| 2023 | 2~0 | |||||||||
| 8 | ||||||||||
| Net income | is | stated after | charging:- | |||||||
| Independent | Examination | Fees | 2,640 | 2,520 | ||||||
| Other Payments toAuditors forAccountancy | ||||||||||
| and Payroll | Services | 1,608 | 2,106 | |||||||
| Depreciation | 16,630 | 18,448 |
| gaaital ~pn |
snssssdSI | U~lld d |
Xglgl 2023 |
TooTd 2~02 |
|||
|---|---|---|---|---|---|---|---|
| 8 | g | ||||||
| Wages and Expenses | Payments | 56,441 | 56,441 | 65,005 | |||
| Social Security Payments | 2733 | 2733 | 5,711 | ||||
| Pensions | 11,554 | 11,554 | 13,694 | ||||
| Sundry Purchases | 131 | 131 | 39 | ||||
| Canteen Expenditure | 1,486 | 1,486 | 683 | ||||
| Development Work Costs |
7,431 | 7,431 | 3,547 | ||||
| Bank Charges | 53 | 53 | 104 | ||||
| Investments Management |
Fees | 9,316 | 9,316 | 17,862 | |||
| Postage, Printing and | Stationery | 1,003 | 1,003 | &76 | |||
| Sundries (including vending |
|||||||
| machine lcleaning) | 10,996 | 10,996 | 3,003 | ||||
| Running Costs ofRental Property |
3,938 | 3,938 | 8,185 | ||||
| BBAwards | 786 | 786 | 2 | ||||
| Subscriptions snd Licences |
932 | 932 | 1,399 | ||||
| Training | 1,294 | 1394 | 155 | ||||
| Activity Costs | 6,568 | 6,568 | 4,214 | ||||
| Volunteers Expenses |
620 | 620 | 264 | ||||
| Pantomime Expenditure |
1,622 | 1,622 | 1,682 | ||||
| Camp | 8,413 | 8,413 | |||||
| Capitation Fees | 2 997 | 2997 | 2752 | ||||
| 9 16 | 118998 | 128314 | 129 177 | ||||
| 5.Other Expenditure | |||||||
| Health and Safety Cost | 858 | ||||||
| Wages and Expense Payments | 50A3 | 50,223 | 33,650 | ||||
| Social Security Payments | 808 | 808 | 2,221 | ||||
| Water Rates and Rates | 3,018 | 3,018 | 6,166 | ||||
| Insurance | 8,555 | 8,555 | 7,296 | ||||
| Light and Heat | 12,389 | 12,389 | 9,&75 | ||||
| Telephone | 2,473 | 2,473 | 3,124 | ||||
| Repairs, Maintenance | |||||||
| and ITEquipment Replacement |
23,820 | 23,820 | 19,404 | ||||
| Advertising | 874 | 874 | |||||
| hnprovement toProperty |
|||||||
| -Depreciation | 6,308 | 6,308 | 7,421 | ||||
| instruments Depreciation |
9 | 9 | 11 | ||||
| Equipment Depreciation |
3,025 | 3,025 | 3,516 | ||||
| Buildings Depreciation | 7,500 | 7,500 | 7,500 | ||||
| Audit and Accounting | Peas | 4,254 | 4,254 | 4,626 | |||
| Legal and Professional | Fees | 5 782 | 5782 | I 416 | |||
| 129038 | 129038 | 107084 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f, | ||||
| Wages | and salaries (including | expenses payments) | 106,134 | 9$,655 |
| Social | Security costs | 3,541 | 7,932 | |
| Other | pension costs | 12084 | 13694 | |
| 121759 | 120 281 |
| The staff costs above include time spent rtmning | The staff costs above include time spent rtmning | The staff costs above include time spent rtmning | The staff costs above include time spent rtmning | The Pearson Centm and the costs ofthis are | The Pearson Centm and the costs ofthis are | The Pearson Centm and the costs ofthis are | attributable to |
|---|---|---|---|---|---|---|---|
| the Charity's | trading activities. | ||||||
| 8.Tangible | Fixed Assets | ||||||
| Land and | Improvements | ||||||
| COST | Buildings f |
to property 8 |
Instruments | Equipmeut | Totals | ||
| At 1April 2022 | 950,000 | 248,020 | 2,664 | 374,988 | 1,575,672 | ||
| Additions | 1,067 | ||||||
| At31March | 2023 | 950000 | 24$ 020 | 2 664 | 376055 | 1 575 672 | |
| DEPRECIATION | |||||||
| At 1 April 2022 | 5$,500 | 205,969 | 2,618 | 360,924 | 628,011 | ||
| Depreciation | Charge | 7500 | 6308 | 9 | 3026 | 16630 | |
| At 31March | 2023 | 66000 | 21 77 |
2627 | 363950 | 644 1 |
|
| NET BOOK | VALUE | ||||||
| At 31March | 2023 | $84,000 | 35,743 | 37 | 12,105 | 931,885 | |
| At 31 March | 2022 | 891 00 | 42051 | 46 | 14064 | 947661 |
| Notes forming part ofthe Financial Statetnents forth | e year ended 31March 2023(contlaued) |
|---|---|
| Sa.Investment Property |
|
| 2023f | |
| FAIR VALUE | |
| At 1"April 2022 And 31"March 2023 |
460 MD |
| NET BOOKVAI UE | |
| At31"March 2023 | ~60 DDD |
| At31"March 2022 | 46D DDD |
| 9. Stocks | |||
|---|---|---|---|
| 2023 | 2022f | ||
| Stocks | 723 | 1001 | |
| 10. Debtors | |||
| 2023 | 2022f | ||
| Prepayments | 1,143 | 1,615 | |
| Other Debtors | 2 | 875 | 4081 |
| 4 | 018 | 5696 | |
| 11.Current Asset Investments | |||
| 2023f | 2022 | ||
| Investments (Stock exchange) |
1 843 | 924 | 2 101537 |
| Asset Investments | Listed on | ||
| Stock | |||
| Exchange | |||
| Market value at I April 2022 | 2,101,537 | ||
| Invesnnent income |
56,051 | ||
| Unrealised gains/ (losses) at 31March 2023 |
(199,084) | ||
| Costofinvestment Transfer from Fund Balance |
(9,316) ~303 64 |
||
| Valuation at31March 2023 | 3 843024 |
| 12. Creditors: amounts falling due within one year |
||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Trade creditors | 104 | 558 | ||
| Other creditors | 13,505 | 14,424 | ||
| Taxation and social security costs | 1 | 997 | 1 | 817 |
| 15 | 606 | 16 | 790 |
| 13. Movemen | t i |
n funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Transfers | At | |||||||
| ~Year htkeelm | At1.422 | Net | movement | between | 31March | |||
| f | iu funds f |
funds | 2023 8 |
|||||
| Unrestricted | funds | |||||||
| General fund | 1,566,824 | (14,6]8) | 1,55406 | |||||
| Pension Reserve | (197,000) | 190,000 | (7,000) | |||||
| Capital Funds | 2,101,537 | (257,613) | 1,$43,924 | |||||
| TOTAL FUNDS | 3471 361 | 82 31 | 3389]30 | |||||
| Transfers | At | |||||||
| Ye En ed 31 |
22 | At 1.4.21 | Net | movement | between | 31March | ||
| in funds | funds | 2022 | ||||||
| 8 | ||||||||
| Unrestricted | funds | |||||||
| General fund | 1,247,158 | 319,666 | 1466,824 | |||||
| Pension Reserve | (226,000) | 29,000 | (197,000) | |||||
| Capital Funds | 2,213,125 | (1]1,588) | 2,101,537 | |||||
| TOTAL FUNDS | 3 34 $3 |
23707$ | 3471361 | |||||
| Net movement | in | funds, including | in the above sre as follows:- | |||||
| Xgar~End 1~3.3. X |
Balance | Incoming | Resources | Gains and | Movement | |||
| B/fwd 1.4.22 | resources | expended | losses | in funds | ||||
| Unrestricted | funds | |||||||
| General fund | 1,369,824 | 128,154 | (248,036) | 295,264 | 1,545,206 | |||
| Capital fund | 2,101,537 | (257,613) | 1,843,924 | |||||
| TOTAL FUNDS | 3471361 | 128 154 | 505 649 | 295 64 |
3389 130 | |||
| Balance | Incoming | Resources | Gaias and | Movement | ||||
| B/fwd 1.4.21 | Imo | arses | expended | losses | in funds | |||
| Unrestricted | fends | |||||||
| General fund | 1,021,158 | 314,604 | (218,399) | 252,461 | 1,369,824 | |||
| Capital fund | 2/13,125 | (111,588) | 2,101,537 | |||||
| TOTAL FUNDS | 3 3 83 |
314604 | 329 87 | 252461 | 3471 61 |
| Present | value offunded | obligations | obligations | (238,000) | (439,000) | |
|---|---|---|---|---|---|---|
| Fair value ofplan assets | 231 OOD | 242 MD | ||||
| (7,000) | (197,000) | |||||
| Present | value ofunfunded | obligations | ||||
| Deficit Net Liability |
~7000 ~7000 |
~1970DII ~197000 |
||||
| The amounts recognised |
in smplus or | deficit are as follows:- | 2~ | $022 | ||
| 8 | ||||||
| Current | service costs | 13,000 | 15,000 | |||
| Net interest from net defined benefit asset/ liability | 3 DDD | 4 DOD | ||||
| 18 DOD | 19ODD | |||||
| Actual return on phm assets | 18 DDO | 19DDD | ||||
| Changes | in the present value ofthe defined benefit obligation | are as follows:- | ||||
| 2023 | 2022 | |||||
| Opening | defined benefit | obligation | 439,000 | 441,000 | ||
| Current | service cost | 13,000 | 15,000 | |||
| Contributions by scheme |
participants | 2,000 | 2,000 | |||
| Experience Loss/ (3Gain) | on defined benefit obligation | (49,000) | ||||
| Change | in demographic | assumption | (18,000) | |||
| Interest Actuarial |
cost (gains)/losses |
from changes | in financial assumptions | 11,000 ~160000 |
9,000 ~8000 |
|
| 238 DOD | 439 DNI |
| Changes in the |
fair value ofthe scheme assets | are as f | ollows:- | ||
|---|---|---|---|---|---|
| ~20 | 2022 | ||||
| Opening fair value ofscheme assets | 242,000 | 215,000 | |||
| Contributions Contributions Return on plan Other actuarial |
by employer by scheme participants assets (excluding interest income) gains/ (losses) |
9,000 2,000 (5,000) ~33 DOD |
8,000 2,000 17,000 |
||
| 231 ODD | 242,000 | ||||
| The amount recognised in other comprehensive |
income sro as follows:- | ||||
| Actuarial (gains)/losses from changes in financial assumptions Return on fund assets in excess ofinterest Experience Gain/ (Loss) on defined Benefit Obligation |
160,000 (11,000) 49,000 |
28,000 ]2,000 |
|||
| Other actuarial gains /(losses) on assets Change in demographic assumptions |
(17,000) 18 MO |
||||
| 199899 | 49 DDD | ||||
| The major categories ofscheme assets as apercentage | total scheme assets | are as follows:- | |||
| 2~23 | 2022 | ||||
| Equities | 58 | 62 | |||
| Gifls | 2 | 3 | |||
| Bonds | 6 | 7 | |||
| Property | 12 | 11 | |||
| Infrastructure | & | '6 | |||
| Inflation linked |
5 | 5 | |||
| Cash/temporary | investments | 5 | 6 | ||
| Private equities | 4 | ||||
| 100 | 100 |
| Discount rate | 4.8% | |
|---|---|---|
| Future salary | increases | 3.9% |
| Future pension | increases | 2.9% |