CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs
report on the accounts
Section A
Independent Examiner's Report
Roport to Ihe trusteèsl
members of
C-AENttiLL CtyJo)rows IOC Ll m tIE(J
On ac¢ounts lor the year
•nd•d
Charfty no
(if any)
311ts3 /202Z
Ii+?goi
S•t out on pagas
I report to the trustees on my examinab'on of the accounts of the above
chanty (Ihe Trvsf) for the year ended
Rosponslbllttlos and As the charity trustees of the Twsi you are responsible for th8 weparatlon
bash of r•port of the accAxJnts In ac¢tydan¢e wlth the requlrements of the Chafltl88 Act
2011 {Ihe Acr).
l port in respect of my examlnatlon of the Trust's 8ccounts Carried out
under section 145 of the 2011 Act arKI in carrying out my 8xamination, I
have follo£d the applicab Dire(thns glven by the Charlty Commission
under sectk)n 145(5Mb) of thè Act.
I have completed my 8xamination. I confim that no material matters have
come to my attention (other than that disdosed bebw ') in connection with
the examlnatlon ¥*hlch gives me cause to believe that in, any m8tèrlal
respect
accountlng rec*rds worn not kept in accordance ¥*ith 8ectlon 130 of
the Act or
lh8 accounts do Th)t acaxd wlth the accounting records
Independent
examlner's statoment
I have no concems and have come acmss no oth6r matters In conn8ctlon
wlth the examination to which attentlon should be dra In order to enable
proper understandlng of the accounts to be reached.
' Pkasa dèlète the words in the brackets if they do not apply.
Slgn•d:
131IL120zi
Nam•:
LimiVO
Relovant professlonal
qualifi¢ation(s) or body
(H any):
I LA CHA IT A cLcxJnJrA T5
7.TrG 3NJoFF SILET
EILc5
IER
October 2018
Section B
Disclosure
Only o)mplete rf the examiner needs to highlight matters of con¢em (see CC32.
Independent exanNnation of charity accounts.. dlrections and gUIdan( for
8xaminers).
Glve here brlof detalls of
any Ilems that tha
oxamlnar wl$he$ lo
dls¢losa.
IER
October 2018
**Company registration number: 08568920**
**Caenhill Countryside Centre Limited Company limited by guarantee**
## **Unaudited filleted financial statements**
**31 March 2022**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
## **Contents**
||**Page**|
|---|---|
|Directors and other information|**1**|
|Accountants report|**2**|
|Statement of financial position|**3 - 4**|
|Notes to the financial statements|**5 - 8**|
## **Caenhill Countryside Centre Limited Company limited by guarantee**
## **Directors and other information**
**Directors** Helie Franklin Christopher Franklin Neil Golledge Paul Hams **Company number** 08568920 **Registered office** Marsh Farm Caen Hill Devizes Wiltshire SN10 5TF **Accountants** Charlton Baker Limited 7-7c Snuff Street Devizes Wiltshire SN10 1DU
**Page 1**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
## **Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements of Caenhill Countryside Centre Limited Year ended 31 March 2022**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Caenhill Countryside Centre Limited for the year ended 31 March 2022 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given 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/members/regulations-standards-and-guidance/.
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Charlton Baker Limited Chartered Accountants and Business Advisors
7-7c Snuff Street Devizes Wiltshire SN10 1DU
**Page 2**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
**Statement of financial position 31 March 2022**
|**Note**
**Fixed assets**
Tangible assets
**6**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**7**
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Capital and reserves**
Profit and loss account
**Members funds**|**2022**
**£**
4,252
43,058
43,058
)
(7,970|**£**
4,252
35,088
39,340
39,340
39,340
39,340|2021
£
1,669
38,175
38,175
)
(7,595|£
1,669
30,580|
|---|---|---|---|---|
|||||32,249|
|||||32,249|
|||||32,249|
|||||32,249|
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
**The notes on pages 5 to 8 form part of these financial statements.**
**Page 3**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
## **Statement of financial position (continued) 31 March 2022**
These financial statements were approved by the board of directors and authorised for issue on , and are signed on behalf of the board by:
Helie Franklin Director
Company registration number: 08568920
**The notes on pages 5 to 8 form part of these financial statements.**
**Page 4**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
**Notes to the financial statements Year ended 31 March 2022**
## **1. General information**
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Caenhill Countryside Centre, Marsh Farm, Caen Hill, Devizes, Wiltshire, SN10 5TF.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The Triennial review 2017 amendments to the standard have been early adopted.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Turnover**
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
## **Taxation**
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
**Page 5**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
## **Notes to the financial statements (continued) Year ended 31 March 2022**
## **Tangible assets**
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
- Fittings fixtures and equipment 33.33% straight line Motor vehicles - 25% reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
## **Impairment**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
**Page 6**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
## **Notes to the financial statements (continued) Year ended 31 March 2022**
## **Financial instruments**
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
## **4. Limited by guarantee**
The company is a private company limited by guarantee, registered in England and Wales.
## **5. Employee numbers**
The average number of persons employed by the company during the year amounted to 4 (2021: 4).
**Page 7**
## **Caenhill Countryside Centre Limited Company limited by guarantee**
## **Notes to the financial statements (continued) Year ended 31 March 2022**
## **6. Tangible assets**
|Plant and
machinery
Fixtures,
fittings and
equipment
£
£
**Cost**
At 1 April 2021
-
1,116
Additions
1,500
2,250
**At 31 March 2022**
1,500
3,366
**Depreciation**
At 1 April 2021
-
1,116
Charge for the year
750
-
**At 31 March 2022**
750
1,116
**Carrying amount**
**At 31 March 2022**
750
2,250
At 31 March 2021
-
-|Motor
vehicles
£
5,277
-
5,277
3,608
417
4,025
1,252
1,669|**Total**
**£**
6,393
3,750|
|---|---|---|
|||10,143|
|||4,724
1,167|
|||5,891|
|||4,252|
|||1,669|
## **7. Creditors: amounts falling due within one year**
|Trade creditors
Other creditors|**2022**
**£**
210
7,760
7,970|2021
£
210
7,385|
|---|---|---|
|||7,595|
**Page 8**