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2023-12-31-accounts

Quaker Community Bamford CIO Trustees Report 2023

Context – our story so far

The Quaker Community was established at Bamford in 1988 by a group of Friends who had formed the Sheffield Quaker Community housing co-op the previous year. They agreed core aims of deepening their spiritual experience through daily Quaker worship and giving expression to Quaker social concerns. The community bought the Derwent Valley Water Board offices in Bamford and converted them to residential accommodation including houses, flats and bedsits. They reclaimed former railway sidings to establish thriving and biodiverse woodland and wetland wildlife areas, vegetable plots and orchards. As well as holding daily worship, the Community became the venue for public Meetings for Worship every Sunday, establishing Hope Valley Quaker Meeting. The Community developed strong connections with the wider community in Hope Valley and Sheffield, including offering respite care for people with disabilities and setting up a wholefood delivery service. It welcomed visitors including Quakers and others wishing to experience and learn about community living, and volunteers who helped with work on the land.

Over the following 22 years there were typically 10 to 14 adult members living in the community with their families, but during 2010, six members decided to leave for a variety of personal reasons. The remaining members agreed that it was time to lay down the existing group and advertise for Friends to re-establish the community. A new group began to form that year and agreed that, in keeping with the original vision, the community would be rooted in Quaker processes and values, with all members committed to attending daily worship, eating together regularly, sharing their lives together, and providing hospitality and learning opportunities for Quakers and others. Five Friends moved in initially and organised the renovation of the buildings with internal insulation and new heating systems throughout to make it a more comfortable place to live and stay.

Over the following years the Community had five to ten full-time residents offering a programme of facilitated retreats, along with hosting personal and group retreats. Spiritual retreats facilitated by Community members included meditation, Qi Gong, “Step into Stillness” and “Your Spiritual Journey. There were more creative retreats such as walking with art, or with words and poetry, and celebratory retreats which were very popular, especially at New Year. The Community also held practical retreats such as a woodland working week in the autumn, spring planting, and cutting the wildflower meadow in summer.

The Community continued insulating and retrofitting the buildings as funds allowed, including additional secondary and double glazing, draught proofing, and cooker hoods above gas stoves, as well as loft insulation in End House and underfloor insulation in the Coach House Flat.

The Community had a group of “Elderseers”, Friends who provided spiritual nurture and pastoral care for the Members. They led a range of “away days” for the Community to reflect on broader issues and longer priorities, for designing the next year’s programme, for

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spiritual nurture, to work with conflicts in the Community, and to help with developing conflict skills.

Housing Co-op members agreed to register the Community as a charity. The motivation for this was partly to make clear that the Community’s purposes were to be a place of worship and spiritual retreat and to offer service rather than to meet the housing needs of its members. The Quaker Community Bamford CIO was registered in 2018 and the Housing Coop’s assets were transferred to the Charity in 2019.

During the Covid pandemic the Community had to close its doors to visitors, and Hope Valley Quaker Meeting had to find another venue for its Sunday Meetings for Worship. Some of the residents moved out, leaving only two by July 2022. The Community held a series of New Light Weekends for people interested in joining. A small number of enquirers attended, and only two expressed interest in ‘trial stays’ with a view to joining. It was becoming clear that reenergising the community would not be straightforward.

A “re-visioning” group, initially 28 Friends including remaining Community members, started meeting in Autumn 2022. It explored ideas for attracting new members, sharing experiences of other groups that had reinvented themselves following Covid. The group explored the idea of a community which might not be solely based in Bamford, or where residents contributed work, money and support differently according to their life stages and circumstances.

At the end of 2022, the Trustees decided to have one more go at re-establishing the community broadly in the form it had taken since 2010/11, with attention and adjustments to certain areas to address some of the ongoing issues and tensions.

Objectives and Activities

Our Charity purposes

Our Governing Document states that:

The charity’s object is the furtherance of the general religious and charitable purposes of the religious Society of Friends (Quakers) in Britain, in particular but not exclusively by: i. Providing for the public benefit a place of spiritual retreat in the context of a residential Quaker community seeking to live the Quaker Testimonies

ii. Sharing with others our understanding, exploration and development of the thinking and practice of the Religious Society of Friends (Quakers)

iii. Providing for the pastoral care of visitors and individual Community members

iv. Stewardship and protection for the public benefit of the local natural environment

The Charity was established with the presumption that most of the trustees would be resident members at the Community premises in Bamford, paying rent and doing voluntary work on behalf of the Community. With this presumption our 2022 Annual Report explained that:

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Our charity’s aims include furthering the general religious and charitable purposes of the Religious Society of Friends (Quakers) by living together as a residential community and seeking to live out and demonstrate the Quaker Testimonies of peace, equality, truth, simplicity and sustainability. The Community also worked to reduce its greenhouse gas emissions and to protect the local natural environment through sustainable practices on our 10 acres of land.

In the context of Quaker Community Bamford, Friends have sought in particular to give expression to the Testimonies through our way of life and through offering opportunities for spiritual retreat, reflection, learning and re-invigoration. This includes the Testimonies on

Following the decision to lay down the existing community, trustees are giving deep consideration to our purposes and the activities we should undertake to fulfil them, in close conversation with the Way Forward Group.

In our deliberations about the future work of the Charity and in preparing this report the Trustees have had regard to the Charity Commission’s guidance on public benefit.

Activities and fulfilment of Community purposes

As explained in the context section of this report, at the end of 2022, following a lack of success over several years in recruiting new members, the Trustees had decided to make one last effort to reestablish the Community broadly on the form it had taken since 2011. Trustees and volunteers devoted considerable effort to this end in early 2023. A fortnight in February was devoted to discussion, plans and practical work to prepare the buildings for new community members and other residents. But by the late spring of 2023 there was no sign of improvement in the recruitment of new community members, and the Revisioning Group (now called the Way Forward Group) began to realise that there might not be a future for the Community on its existing model. Reasons included:

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It was clear that all the community residents would soon have moved on. While there were individuals willing to stay in the short term to keep things going, we faced the reality that we no longer had a residential Quaker community at Bamford and it was time to lay that idea down. At a meeting of the Trustees held on Tuesday 13[th] July 2023 the following minute was recorded.

'It is clear there are insufficient people willing to join the community and it cannot continue in its present form. We will therefore explore selling the current building and land, and use the funds raised to pursue our charitable objectives in other ways.'

The Trustees shared the decision to explore selling the land and buildings with the wider Quaker community at Britain Yearly Meeting 2023 and in writing to all members of the Way Forward Group and other supporters in May 2023. We decided to offer some short-term tenancies to ensure the buildings were cared for and to raise money for ongoing mortgage and maintenance costs. We appointed property guardians for the Main House rather than tenants as this is legally and practically more appropriate.

During the summer and autumn of 2023 a great deal of work was done by Trustees and Friends staying at the Community premises to respond to queries and prepare the way for these next steps. In August friends and former members of the Community were invited to a full weekend of discussion and consultation. Sessions explored proposals for the sale of the land and buildings and possible ways forward for the Charity. There was a celebration of all that had been shared and achieved in the community’s 35 years.

The Community’s main activities were:

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for membership of Quaker Community Bamford).

Throughout its the meetings the Way Forward Group kept coming back to core principles and priorities:

Stewardship of the land and buildings and relationships with the local community in Bamford have also continued to be strong concerns.

Much of the fulfilment of the Community’s purposes has been in the lives and relationships of its members and of its many visitors. In 2023 Community members and visitors have:

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Some of the most tangible and potentially enduring practical results of the Community’s work are in its care of its woodland, wetland, orchard and organically managed horticultural areas. The benefits of this include:

The biodiversity and climate benefits in particular are long-term and can be expected to increase over time, provided the land continues to be cared for.

Financial Review

As described in the Context section of the report, 2023 was an exceptionally difficult year, starting with only two Community residents and finishing with the premises occupied by tenants and property guardians. The Trustees and remaining volunteers managed to limit the financial deficit to £14,969. This followed a deficit of about £5,000 in 2022, which was our last full year of a functioning Community.

Income

Income was only £5,000 less than 2022, which given that there were no retreats and the Community was closed to all guests from the end of August, is impressive and reflects very hard work by the Trustees and volunteers. Income from tenants and property guardians was nearly £10,000 more than in 2022, which went quite a long way to offset the many types of income that were down on 2022. The largest reduction in income was from rent from members, which was down £7,181. There were no retreats in 2023 which reduced income by nearly £5,000. The Community continued to host self-catering guests, with income from this activity only £1,700 lower than in 2022.

Expenditure

Expenditure was £4,754 below the 2022 level. There were several types of expenditure in 2023 not incurred in 2022, including legal fees of £2,430, letting agents fees and credit referencing of the tenants at £1,263, surveyors fees at £1,176, and paying for grass cutting £270; a total of £5,139. Mortgage interest, energy costs and water were all higher than in 2022, by £5,944 in total. These increases were offset by reduced expenditure in several areas. In 2022 we needed to obtain an electrical condition report. This was not required in 2023, saving £3,255. Food expenditure was reduced by £1,731. Advertising costs were £800 lower in 2023; and depreciation was down by £600 due to certain items becoming fully deprecated. There were many smaller ups and downs.

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Principal Funding Sources and their use

As can be seen in the accounts, the two principal funding sources in 2023 were rent (£14,344 from tenants and guardians, and £11,834 from other residents) and self catering guests (£11,950, mainly from guests staying in the house).

The income covered the costs of having people stay or live in our buildings, and contributed to the essential maintenance and upkeep of the premises and stewardship of our land, and to mortgage repayments. In the later part of the year there were also costs associated with preparing to sell the property. Overall costs exceeded income by nearly £15,000.

Financial performance going forward

The sale of the property is progressing slowly and it is unlikely to be completed in 2024. Even having our buildings as fully occupied as possible, and with only £1,200 expenses associated with selling the property, we expect a deficit of about £10,000 in 2024. Other costs related to selling the property such as agents’ fees and legal expenses can be paid after the sale is completed and are not expected to impact the 2024 deficit.

2023 Funds and Reserves

Quaker Community Bamford has held funds in reserve to cover periods when outgoings exceed income, and to cover any major building repairs not covered by our insurance. In the past they have also smoothed fluctuations in income and expenditure.

By the end of 2023 all funds were unrestricted as the money in them has been generated by the Charity, rather than given by donors.

General Funds

The general fund includes all our working capital and other money available for spending. At the end of 2023 we have general funds of £21,568.

Designated Funds:

Designated funds are held for specific purposes determined by the trustees.

Maintenance Reserve Fund: We draw from this fund the cost of all repairs and any maintenance that does not follow a regular annual cycle. We have this fund because repairs and maintenance fall unevenly and can be expensive compared to other budget headings. In years when more maintenance is required this adds pressure to small but discretionary budgets such as seeds for the garden. The fund is replenished by a flat rate allocation from the general fund expenditure of £2000 per year. If needed, it is also topped up from generated surplus. At the end of 2023 after fund movements it stood at £28,686.33 (end of 2022 it was £27,823.53).

The Capital Assets Fund is the amount of funds tied up in land buildings and other fixed assets including furniture and equipment. Unless these assets were sold, this money is not available for spending. The value of the fund is net book value for the fixed assets minus the remaining mortgage. At the end of 2023 it was £210,527.01

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Restricted Funds

Restricted Funds are funds restricted or earmarked for a specific purpose by the grant or donor.

Bursary fund

At the start of 2023 we had £63 in a bursary fund, which had been earmarked by the donor. We used this to subsidise a gathering in August 2023, for celebrating the past and considering the way forward, see more details of the gathering in the Activities and fulfilment of Community purposes section of this report.

At the end of 2023 we had no restricted funds.

Risk Register

Risk description Risk level Actions to mitigate
No buyer for QCB property at
the Designated Adviser Report
valuation price		 Medium Trustees considering
1) lowering the guide price
2) changing our marketing strategy
3) finding a way to make the property
financiallyviable.
Reputational damage if Trustees
sell the property to a buyer
whose activities would conflict
with the purposes of the Charity		 Medium Working with our stakeholders in the Way
Forward Group to keep them informed of
progress in marketing the property and to
work through concerns and tensions in relation
to the sale.
Urgent maintenance or repair
requirements beyond our
financial reserves		 Low Routine maintenance to keep premises in good
repair.
Our building insurance covers most major risks
but not subsidence.
We have had repeated surveyors’ assessments
of:
• the retaining wall behind Caretakers House
• cracks in the lean-to extension behind
Caretakers House
• cracks in the porch of Main House.
Trustees have been reassured that these are
not cause for concern.
Legal liabilities
Trees fall on railway track
Visitors to the property injure
themselves		 Low Our insurance cover includes legal liability.
We have allowed Network Rail to cut back
vegetation and trees at the boundary.
We warn any visitors that the property is not
being maintained as well as in the past and
that they should take care, e.g. of trip hazards
on the land.
Reduction in income due to Medium Seekingnew tenants orproperty guardians as

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tenants or property guardians
leaving		 necessary
Failure to agree on future
purposes and activities		 Medium Trustees and Way Forward Group continuing to
meet to clarify options.
May require an external facilitator to work
through differences

Going Forward

At its last meeting of 2023 (18[th] December) the Way Forward Group minuted that:

We are conscious of the need for clarity about the future purpose of the Charity, the activities it might undertake and the shape of any Quaker community or communities it might support. We will need to find new trustees who have the competences, energy and willingness to take responsibility for the Charity and its work. There are many possible directions for the Charity which might include buying property to establish a new residential community or supporting some kind of online community.

The main options now under consideration for the future of the Charity are:

  1. To become a grant-making charity, providing funds for community groups fulfilling our purposes

  2. To continue to support an extended non-residential Quaker community fulfilling our purposes

  3. To establish and support a young adult community based in the Quaker testimonies.

While the Trustees have serious doubts about the financial viability of a Quaker community at the existing property in Bamford, we remain open to the possibility of finding a group of Quakers who would establish a new community within the existing charity structure, who are willing and able to serve as trustees and who have the financial, organisational and personal capacities to make the community viable and sustainable. So far, despite publicity about the Community’s situation and process, such a group has not come forward.

The Trustees have continued to meet with the Way Forward Group which now includes members of the original group that set up the Community in 1988, as well as Friends who have been members over the years, and others with a concern for the future work of the Charity. We have sought to clarify a process for selling the property that is compliant with charity law and in the best interests of the Charity, while safeguarding as much as possible of the heritage of the Community. We are also seeking to learn from the Community’s history and the perspectives of our stakeholders, and to understand how any future undertakings might serve to fulfil the Charity’s purposes and public benefit obligations, as well as the associated costs and risks and the ways we might manage them.

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Structure, Governance and Management

During 2023 the Charity was wholly managed by its volunteer members and trustees and had no employed staff. Until September 2023 Community members lived and worked as volunteers at the premises in Bamford, maintaining the buildings and land, and providing all aspects of hospitality including housekeeping and administration. At the end of 2023 the charity’s organisational structure consisted of the trustees only with property guardians at the premises providing some volunteer assistance.

No members of the charity receive pay or remuneration or are employed by the charity. The terms on which community members and volunteers live at the Community, including rent payable, are determined by the trustees. The charity is not affiliated to an umbrella group, but operates within the principles of the Religious Society of Friends (Quakers) in Britain and is a Recognised Quaker Group.

Trustee meetings were held monthly or fortnightly for much of 2023. No decisions were taken at Trustees meetings unless a quorum of Trustees was present. Meetings were conducted in accordance with the principles of the Religious Society of Friends and the provisions of the current edition of the book of Christian Discipline of the Yearly Meeting of the Religious Society of Friends (Quakers) in Britain as outlined in the constitution.

Trustees seek and receive advice as necessary from the Religious Society of Friends (Quakers) in Britain, our solicitors, surveyors and the Way Forward Group.

Until November 2023 the trustees delegated the day-to-day management of the charity to resident members and volunteers. From November 2023 all administration was carried out by the trustees.

Property Guardians moved into the Main house in December 2023, carrying out some voluntary work for the Charity under the guidance of the trustees.

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Reference and Administrative Details

Banking:

Triodos Bank UK, Deanery Rd, Bristol BS1 5AS. Ecology Building Society, Ellis House, 7 Belton Road, Silsden, Keighley, W. Yorkshire, BD20 0EE.

Solicitors : Russell-Cooke Solicitors, 2 Putney Hill, London, SW15 6AB.

Chartered Surveyor : Bagshaws, The Agricultural Business Centre, Bakewell, DE45 1AH.

Auditor or Independent Examiner :

John Hollis, Ashmeade, Edale Road, Hope, Derbyshire, S33 6ZF.

The charity has no investments and therefore does not require an investment advisor.

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Quaker Community Bamford Charity number 1178584

Final Accounts to 31 December 2023

Date Printed 01/11/2024

Charity number 1178584 Annual Accounts for the year 1 January to 31 December 2023

Quaker Community Bamford

Statement of Financial Activities

Income
Note
Donation Income
Charitable Activities
Other Income
Other Trading
2
Expenditure
Charitable Activities
Governance Costs
Fund-raising
Support Costs
3
Net income/(expenditure)
Fund Movements
Net movement in funds
Funds Brought Forward
Total funds carried forward		 General
Designated
Restricted 2023 Total
2022
£
£
1,195
-
-
1,195
2,408
13,702
-
-
13,702
23,664
27,603
-
-
27,603
21,448
53
-
-
53
92
42,554
-
-
42,553.6
47,610
42,808
14,132
63
57,002
51,301
158
-
-
158
194
362
-
-
362
1,273
-
-
-
-
-
43,328
14,132
63
57,522
52,768
(774)
(14,132)
(63)
(14,969)
(5,158)
(15,329)
15,329
-
-
(16,104)
1,198
(63)
(14,969)
(5,158)
-
-
-
275,750
280,908
(16,104)
1,198
(63)
260,782
275,750

Quaker Community Bamford

Charity number 1178584

Annual Accounts for the year 1 January to 31 December 2023

Balance Sheet as at 31 December 2023

Fixed Assets
Land and Buildings
Cyclical Building Work
Furniture and Equipment
Total fixed assets (note 4)
Current Assets
Stock
Debtors
Cash at Bank and in hand
Total current assets
Creditors: amounts falling due within one year
Net current assets (note 5)
Total assets less current liabilities
Mortgage (note 6)
Net Assets or (Liabilities)
Represented by
Funds of the Charity (note 7)
Of which : General
Designated
Restricted		 2023
2022
£
£
353,614.48
353,614
56,296.94
65,330
6,456.55
8,182
416,367.97
427,127
904
2,056.74
3,515
51,492.28
65,204
53,549.02
69,622
3,293.77
4,065
50,255.25
65,557
466,623.22
492,685
205,840.98
216,935
260,782.24
275,750
21,568
34,417
239,213
241,270
-
63
260,782
275,750

Signed by the treasurer Zee-Zee Heine

Date

And on behalf of all of the Trustees

John Rouse Trustee

Date

Quaker Community Bamford

Charity number 1178584

Annual Accounts for the year 1 January to 31 December 2023

Note 1 Accounting Policies

(agreed at Board of Trustees meeting on 7 October 2024)

1.1 These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value.

1.2 The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 10 September 2024 and with the Charities Act 2011.

1.3 These accounts have been prepared using the going concern principle, as we are continuing as a charity for the year ahead.

1.4
The accounts have been prepared to present a true and fair view of the financial
state of the charity.
1.5
The accounts have been prepared on the accruals basis.
1.6
Recognition of income: income is included in the Statement of Financial Activities
(SoFA) when the charity is entitled to the money and the money has been received by the time of
the independent examination or is reasonably expected to be received.
1.7
Offsetting: There has been no offsetting of assets and liabilities, or income and
expenses.
1.8
Donations: donations are included in the accounts when received.
1.9
Gift Aid: we did not have a gift aid scheme.
1.10
Donated Goods: donated goods are not included in the accounts because they
are second hand and because they are not sold, so the value cannot reliably be
measured. Donated goods are usually soft furnishings such as sheets, towels and curtains and
furniture. They are either used for the work of the charity or passed on to another charity.
1.11
Donated services: all the members, volunteers and property guardians living at the
property give a large amount of time to the work of the charity. Retreatants, guests and day
visitors also donate their time to the work of the charity. All this work is not included in the
accounts as it cannot be reliably measured. The value of this voluntary help is described in the
trustees’ annual report.
1.12
Associate Membership subscriptions are shown in the accounts as donations,
because there is no material benefit.
1.13
Governance and support costs: Governance costs comprise all costs involving
public accountability of the charity and its compliance with regulation and good practice. Support
costs are normally central functions and are normally allocated to activity costs. As we are a
small charity, we have no central functions and only one activity cost category, so there is no
need to split support costs between different activities.
1.14
In different parts of 2023 two trustees, lived at the property, and together with
other residents carried out the work of the charity (on a voluntary basis). In the later part of 2023
other residents and non resident trustees carried out the work of the charity. See the annual
report for more details.
1.15
Deferred income: No item of deferred income is due or has been included in the
accounts.
1.16
Tangible fixed assets for use by charity. These are capitalised if they can be used
for more than one year, and cost at least £100. They are valued at cost. Assets are depreciated
for more than one year, and cost at least £100. They are valued at cost. Assets are depreciated
using the straight line method over the following years:
Land and buildings including major improvements: not depreciated
Furniture and equipment: at 20% per annum or over 5 years.
Refurbishments, major repairs, and cyclical maintenance are depreciated at 6.25% per annum or
over 16 years.
1.17
Stock: the stock of food and other consumables including cleaning materials and
toilet paper are valued at the purchase cost. These were either used up or sold off in summer
2023, as there is no longer a community living in the property.
1.18
Debtors: Debtors are measured at the amount due, unless receipt of the income is
in doubt. See above note about income. Accrued expenses are proportioned between
accounting periods.
1.19
Funds: Our general fund and all our funds in 2021 are unrestricted
funds. Designated funds are where we have set money aside for a particular purpose. The one
restricted fund was from an earmarked donation, which has now been spent.
1.20
At a meeting of the Trustees of the Charity held on Tuesday 13 June 2023 the
following minute was recorded.
'It is clear there are insufficient people willing to join the community and it cannot continue in its
present form. We will therefore explore selling the current building and land, and use the funds
raised to pursue our charitable objectives in other ways.'

Quaker Community Bamford

Charity number 1178584 Annual Accounts for the year 1 January to 31 December 2023

Note 2 Income

Donation Income
Grants
Donations
Associate Members
Guest Food
sub total
Charitable Activities Retreats
Self caterers: house huts & camping
Outside groups
Room Hire
sub total
Other Income
Rent from all residents
Family members and personal guests
Food bought by residents
Interest Received
Way-leaves
sub total
Other Trading
Sales of cards etc.
sub total
Total Income		 General
Desig-
nated
Res-
tricted
-
-
-
327
-
-
326
-
-
542
-
-
1,195
-
-
-
-
-
11,949
-
-
633
-
-
1,120
-
-
13,702
-
-
24,108
-
-
1,439
-
-
621
-
-
1,300
-
-
136
-
-
27,603
-
-
53
-
-
53
-
-
42,554
-
-		 2023
Total
2022
£ £

-
515

327
854

326
582

542
457
1,195
2,408

-
4,941

11,949
15,453

633
2,690

1,120
580

13,702
23,664

24,108
18,024

1,439
537

621
1,964

1,300
787

136
136

27,603
21,448

53
92

53
92

42,554
47,610

Quaker Community Bamford Charity number 1178584 Annual Accounts for the year 1 January to 31 December 2023

Note 3 Expenditure

Charitable Activities
Mortgage Interest
Metered Utilities: water gas electricity
Phone, broadband Insurance and council tax
Depreciation
DIY Maintenance
Repairs and Maintenance
Household Durables
Outside Contractors
Subscriptions to publications
Office Costs And Bank Charges
Food for Retreats and events
Land and Garden
Travel
Firewood for Guests in Huts
Grants Paid
Surveyors and Legal Fees
Expenses relating to Tenants & Guardians
Governance Costs
Independent examination expenses
Trustees Travel
Corporation tax advice
sub total
Fund-raising
Brochure and mailing
Website
Items for Sale
Advertising
sub total
Total Expenditure		 General
Designated
Restricted 2023 Total
2022
£
£
£
£
£
12,539
-
-
12,539
10,372
11,525
-
-
11,525
7,748
9,581
-
-
9,581
9,107
-
12,994
-
12,994
13,593
131
-
-
131
330
-
1,137
-
1,137
779
25
-
-
25
30
1,292
-
-
1,292
4,535
5
-
-
5
144
370
-
-
370
389
2,165
-
-
2,165
3,895
306
-
-
306
141
-
-
-
-
19
-
-
-
-
220
-
-
63
63
3,606
-
-
3,606
1,263
-
-
1,263
42,808
14,132
63
57,002
51,301
30
-
-
30
44
128
-
-
128
-
-
-
-
150
158
-
-
158
194
70
-
-
70
50
-
-
-
-
118
293
-
-
293
1,105
362
-
-
362
1,273
43,328
14,132
63
57,522
1,467

Other information:

All our publicity, such as our brochure and website, is also our fund-raising as it attracts visitors, guests and resident trustees which are our main forms of income.

Quaker Community Bamford

Charity number 1178584

Annual Accounts for the year 1 January to 31 December 2023

Fixed Assets

Cost brought forward
Additions
Disposals
Cost carried forward
Depreciation b/f
Disposals
Charge for the year
Depreciation c/f
Net Book Value31/12/ 2022
Net Book Value31/12/ 2023		 2023
Land &
building
not depreciated
353,614
-
-
353,614
-
-
-
-
353,614
353,614		 2023
2023
Cyclical
Furniture &
Building work
Equipment
6.25% SL
20% SL
232,574
32,370
1,040
1,195
-
(2,341)
233,614
31,224
167,243
24,188
-
2,341
10,074
2,921
177,317
24,767
65,330
8,182
56,297
6,457		 2023
Total
618,558
2,235
(2,341)
618,452
191,431
2,341
12,994
202,084
427,127
416,368

SL means the straight line method of depreciation not the reducing balance method.

Other information:

In 2018 when we became a charity the assets donated by the Sheffield Quaker Housing Co op that owned them at the value when we acquired them. In September 2022 a professional valuation, valued the land and buildings at £1,900,000.

Quaker Community Bamford

Charity number 1178584

Annual Accounts for the year 1 January to 31 December 2023

Note 5
Net Current Assets
Stock
food cleaning materials and
toilet paper
Debtors
Prepayments
sub total
Cash
Triodos Current account
Saving account Ecology BS
Soldo Mastercard
sub total
Total current assets
Creditors
Accrued Expenses
Income in advance
sub total
Net Current Assets
Note 6
Long Term Liabilities		 2023
2022
£
£
none
904
2,057
3,515
2,057
3,515
4,651
3827
46,841
60576
-
800
51,492
65,204
53,549
69,622
3,294
4,065
-
-
3,294
4,065
50,255
65,557

The Mortgage is from the Ecology Building Society and secured on the land and buildings

Quaker Community Bamford

Charity number 1178584

Annual Accounts for the year 1 January to 31 December 2023

Note 7 Funds

2023 Fund movements
Unrestricted Funds
General Fund
Maintenance Reserve
Fund
Capital Assets Fund
Restricted Fund
Bursary Fund
2022 Fund movements		 Funds
Brought
Forward
Error in
2022 Fund
movement
Corrected
Opening
Balance
Income
Expense
Transfers
Closing Fund
Balance
34,417
3,255
37,672
42,554
43,328
(15,329)
21,568
27,823
-
27,823
-
1,137
2,000
28,686
213,447
(3,255)
210,192
-
12,994
13,329
210,527
63
-
63
-
63
-
-
275,750
-
275,750
42,554
57,522
-
260,781
-
Brought
Forward
Income
Expense
Transfers
Carried
Forward
280,908
-
-
47,610
(52,768)
-
275,750

Funds

Unrestricted Funds

The General Fund is available for spending.

Designated Funds

The capital assets fund is the amount of funds tied up in land buildings and other fixed assets. Unless these assets were sold, this money is not available for spending. The total of this fund is equal to the net book value of the fixed assets see note 4, less the amount of the mortgage still to be paid, see long term liabilities. The Maintenance Reserve Fund is used for irregular maintenance, one off repairs, and larger items of maintenace such as the electrical installation condition report.

Restricted Funds

Bursary Fund was created by an earmarked donation.

Quaker Community Bamford Charity Number 1178584 Independent Examiner's Report I have examined the Income and Expenditure Account and the Balance Sheet which are in agreement with the records of the Quaker Community Bamford. I have obtained all the inforrnation and explanations which were necessary for the review. In my opinion the Accounts show a true and fair view of the Community's financial affairs for the year ending 31 December 2023 in ststing an excess of expenditure over income of £14,*9 and funds of £260,782. John Hollis FCCA 24.10.24