2023-10-31-accounts

Contents
Strategic Report		3to 4
Trustees Report		Sto6
Reference and Administratwe Details
Statement ofTrustees'	Responsibilities
Independent I xaminer's	Report
Statement of Financial	Activities
Balance Sheet		10
Notes to the Financial Statements		11onwards

Trustees	Report	for the	Year Ended 31October 2023- Continued	Year Ended 31October 2023- Continued	Year Ended 31October 2023- Continued	Year Ended 31October 2023- Continued
Reference	and Administrative		Details
Trustees				Mr J Lee
				Mr R Holland
				Mrs L Lee
				M rs C Plumbly
				Mr M Chappell
Senior Management		Team		Mr J Lee, Chairman
Principal Office				Bishops Hull Hub, Bishops	Hull	Hill,
				Taunton,
				TA1 5EB
Registered	Office			Bishops Hull Hub, Bishops	Hull	Hill,
				Taunton,
				TA1 5EB
Bankers				TSBBank PLC,
Independent	Examiner			Dawd Manning
The annual	report was approved			Cooper Associates Accountants by the trustees ofthe charity		on 25/. .....!.+... and signed on its
behalf by:

tatement of Financial Activities for the	tatement of Financial Activities for the	Year Ended	31October	2023
Year to the 31October 2023		Note	Unrestricted	Restricted	Total 2023
			E	E	E
Income and endowments	from
Donations and legacies			4,017	400	4,417
Other trading activities			28,374		28,374
Total income			32,391	400	32,791
Expenditure on
Raising funds		5	(5,686)		(5,686)
Charitable activities		6		(400)	(400)
Other expenditure		7	(28,307)		(28,307)
Total expenditure			(33,993)	(400)	(34,393)
Net surplus / (deficit) for	year		(1,602)		(1,602)
Transfers between funds
Net movement in funds for year			(1,602)		(1,602)
Reconciliation offunds
Total funds brought forward			543,418		543,418
Total funds carried forward		15	541,816		541,816
Comparative year to the	31October 2022	Note	Unrestricted	Restricted	Total 2022
			E	E	E
Income and endowments	from
Donations and legacies			9,098	11,626	20,724
Other trading activities			28,321		28,321
Total income			37,419	11,626	49,045
Expenditure on
Raising funds			(6,229)		(6,229)
Charitable activities				(250)	(250)
Other expenditure			(22,790)		(22,790)
Total expenditure			(29,019)	(250)	(29,269)
Net surplus / (deficit) for year			8,400	11,376	19,776
Transfers between funds			11,376	(11,376)
Net movement in funds for year			19,776		19,776
Reconciliation offunds
Total funds brought forward			523,642		523,642
Total funds carried forward		15	543,418		543,418

					Note	2023	2022
						6	6
Fixed assets
Tangible assets					10	582,519	588,871
Current assets
Debtors					11	3,532	3,501
Cash at bank	and	in	hand		12	15,394	14,588
Total current	assets					18,926	18,089
Creditors: Amounts			falling due within one year		13	(6,487)	(9,119)
Net current	assets					12,439	8,970
Total assets	less current			liabilities		594,958	597,841
Creditors: Amounts			falling due after more than one year		14	(53,142)	(54,423)
Net assets						541,816	543,418
Funds ofthe	charity:
Restricted income		funds
Restncted funds					15
Unrestricted	income		funds
Unrestncted	funds					541,816	543,418
Total funds					15	541,816	543,418

Income f	rom donations and legacies
		Unrestricted	Restricted	Total
		f	6	E
Donations	and legacies
Donations	from individuals	4,017		4,017
Grants, including capital grants
Grants from other chanties			400	400
Total for	2023	4,017	400	4,417
Total for	2022	9,098	11,626	20,724

Income	from other trading	activities
			Unrestricted	Total
			E	E
Sale ofgoods and services			3,307	3,307
Lotteries	and competitions	income	2,448	2,448
Property	rental income		22,619	22,619
Total for	2023		28,374	28,374
Total for	2022		28,321	28,321

) Costs ofgenerati	ng donations	and legaci	es
				Unrestricted	Total
				f	E
Other direct costs	ofgenerating	voluntary	income	1,347	1,347
Total for 2023				1,347	1,347
Total for 2022				678	678
) Costs of trading	activities
				Unrestricted	Total
				E	f
Costs ofgoods sold				3,620	3,620
Lotteries and competitions				719	719
Total for 2023				4,339	4,339
Total for 2022				5,551	5,551

Expendit	ure in chantable activities
		Unrestricted	Restricted	Total
		f	E	f
Charitable	activities		400	400
Total for	2023		400	400
Total for	2022		250	250

					Unrestricted	Total
					f	E
Legal and	professional		fees		435	435
Marketing	and	publicity			167	167
Depreciation,		amortisation,		and other similar costs	7,515	7,515
Other resources expended					2,060	2,060
Allocated	support costs				18,130	18,130
Total for	2023				28,307	28,307
Total for	2022				22,790	22,790

0Tangible fixed asset	s
		Land &	Fixtures &	Total
		buildings	fittings
		E	f	f
Cost
As at the 1November	2022	588,249	15,171	603,420
Additions			1,163	1,163
As at the 31October	2023	588,249	16,334	604,583
Depreciation
As at the 1November	2022	11,868	2,681	14,549
Charge for the year		5,882	1,633	7,515
As at the 31October	2023	17,750	4,314	22,064
Net book Value
As at the 31October	2023	570,499	12,020	582,519
As at the 31October	2022	576,381	12,490	588,871

				2023	2022
				f	f
Prepayments				927	1,127
Debtors				2,605	2,374
Total				3,532	3,501
12 Cash and cash equivalents
				2023	2022
				f	f
Cash on	hand			50	50
Cash at	bank			15,344	14,538
Total				15,394	14,588
13Creditors: amounts		falling due within one year
				2023	2022
				f	f
Trade creditors					1,350
Otherloans				1,281	1,281
Other creditors				2,400	2,000
Accruals				1,591	1,631
Deferred	Income			1,215	2,857
Total				6,487	9,119
14Creditors: amounts		falling due after	one year
				2023	2022
				f	f
Otherloans				53,142	54,423
Total				53,142	54,423
Included	in the creditors are the fol owing amounts			due after more than fwe years.
				2023	2022
				f	f
Loans due after more		than five years	in instalments	47,860	49,151
Total				47,860	49,151

Borrowings due after fwe year	Borrowings due after fwe year	Borrowings due after fwe year	Borrowings due after fwe year	Borrowings due after fwe year	s	s	s
A loan from the HM Treasury					is repayable			over	49 years at fixed		interest rate	of2.67%for the
duration ofthe loan, and				f45,610		(2022:		646,141)ofthis loan is			repayable after more than		5	years. A
second loan from		Bishops		Hull	Playing		Field Trust is			repayable over 10years and is interest free.
62,250 (2022: 63,000)			of	this	loan	is repayable			after	more than five years.
15 Funds
							Balance		at 1	Incoming	Resources	Balance at the
							November			resources	expended	31October
								2022				2023
								f			6	f
Unrestricted funds
General funds								543,418		32,391	(33,993)	541,816
Restricted funds
Somerset Community			Foundation							400	(400)
Total restricted	funds									32,791	(34,393)
Total Funds								543,418		32,791	(34,393)	541,816
15 Funds —Comparative			year
							Balance		at 1	Incoming	Resources	Transfers	Balance at the
							November			resources	expended			31	October
								2021							2023
								6							f
Unrestricted funds
General funds								523,642		37,419	(29,019)	11,376			543,418
Restricted funds
Somerset Community			Foundation							250	(250)
BHPC Car Park Grant										9,936		(9,936)
Lottery Reaching		Communities								1,440		(1,440)
Fund
Total restricted		funds								11,626	(250)	(11,376)
Total Funds								523,642		49,045	(29,269)				543,418