Registered number: 1177326 Charity number: CE013378
Bloomsbury Network
UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31/03/2023
Prepared By:
JPS Matharu Associates Accountancy and Tax Practice 157 Queens Road Weybridge Surrey KT13 0AD
Bloomsbury Network
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2023
TRUSTEES
James Hawksworth Dr Ian Williams Fergal Scully Nadia Ahmed
REGISTERED OFFICE
Mortimer Market Centre Off Tottenham Court Road London WC1E 6JB
COMPANY NUMBER
1177326 CHARITY NUMBER CE013378
ACCOUNTANTS
JPS Matharu Associates Accountancy and Tax Practice 157 Queens Road Weybridge Surrey KT13 0AD
page 1
Bloomsbury Network
ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 to 9 |
| Detailed Statement of Financial Activities | 8 |
page 2
Bloomsbury Network
TRUSTEES' REPORT
FOR THE YEAR ENDED 31/03/2023
The trustees present their report and accounts for the year ended 31/03/2023
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was To preserve and improve the good health of people living with HIV .
STRUCTURE GOVERNANCE AND MANAGEMENT
structure and governance text goes here
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 27/03/2024
James Hawksworth
Trustee
page 3
Bloomsbury Network
| Statement of Financial Activities for the year ended 31/03/2023 Income Income from generated funds Income from charitable activities Total Income and endowments Expenses Costs of generating funds Expenditure on Charitable activities Total Expenses Net gains on investments Net Income Gains/(losses) on revaluation of fixed assests Net movement in funds: Net income for the year Total funds brought forward Net funds carried forward |
Unrestric ted funds £ - - - - - - - - |
Restricte d funds £ - - - - - - - - |
2023 Total £ 7,000 7,000 10,225 10,225 (3,225) (3,225) 32,128 28,903 |
2022 Total £ 28,004 |
|---|---|---|---|---|
| 28,004 | ||||
| 4,453 | ||||
| 4,453 | ||||
| 23,551 | ||||
| 23,551 8,577 |
||||
| 32,128 |
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
page 4
Bloomsbury Network
BALANCE SHEET AT 31/03/2023
| BALANCE SHEET AT 31/03/2023 | ||||
|---|---|---|---|---|
| Notes CURRENT ASSETS Cash at bank and in hand CREDITORS: Amounts falling due within one year 3 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Unrestricted funds 5 General fund Difference on accounts |
29,503 29,503 600 |
2023 £ 28,903 28,903 - - 28,903 |
32,728 32,728 600 |
2022 £ 32,128 |
| 32,128 | ||||
| 23,551 | ||||
| 23,551 | ||||
| 8,577 |
For the year ending 31/03/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of trustees on 27/03/2024 and signed on their behalf by
.............................
James Hawkesworth Trustee
page 5
Bloomsbury Network
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
page 6
Bloomsbury Network
2. EMPLOYEES
| 2. EMPLOYEES | ||
|---|---|---|
| Average number of employees 3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors |
2023 No. - 2023 £ 600 600 |
2022 No. - 2022 £ 600 |
| 600 |
4. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31/03/2023 there were members.
5. UNRESTRICTED FUNDS
6. RESTRICTED FUNDS
| Brought forward £ |
Incoming resource s £ |
Outgoing resource s Transfers £ £ Outgoing resource s Transfers £ £ |
Carried forward £ |
|---|---|---|---|
| Brought forward £ |
Incoming resource s £ |
Carried forward £ |
page 7
Bloomsbury Network
| Incoming Resources for the year ended 31/03/2023 Incoming resources Incoming resources from generated funds Charitable Activity From Charitable Activities 1 |
7,000 | 2023 £ 7,000 7,000 7,000 |
28,004 | 2022 £ 28,004 |
|---|---|---|---|---|
| 28,004 | ||||
| 28,004 |
page 8
Bloomsbury Network
| Expenses for the year ended 31/03/2023 Expenses Costs of generating funds Charitable Activities Courses and workshops Events Training Computer costs Accountancy fees Bank charges Sundry expenses |
2023 £ 1,248 809 2,300 4,128 1,200 - 540 10,225 10,225 |
2022 £ - - - 4,153 600 (300) - |
|---|---|---|
| 4,453 | ||
| 4,453 |
page 9