Charity number: 1180577
SINGLETON SPACES
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

SINGLETON SPACES
CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and advisers
Trustees. report
Independent examiner's report
statement of financial activities
Balance sheet
Notes to the financial statements
9-20

SINGLETON SPACES
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
l Mcclinlock lappoinled 1 June 20241
C Perring
P Rogers
D Sowerby (appointed 1 June 20241
A Szocs (appointed 1 June 20241
J Tippen
P Walkden (appointed 1 June 20241
M Wiffen
Charlty reglstered
number
1180577
Prlnclpal offlce
Singleton Environment Centre
Wesley School Road
Ashford
TN23 5LW
Accountants
Magee Gammon
Chartered Accountants
Henwood House
Henwood
Ashford
Kent
TN24 8DH
Page 1

SINGLETON SPACES
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the Charity for the year ended
31 March 2024.
Objectives and activities
a. Polieies and objectives
The Charity exists lo preserve, protect, and improve the natural environment for the public benefit, by promoting
and supporbng the creation and maintenance of green spaces through both example and education. In selling
objectives and planning for activities, the Trustees have given due consideration to general guidance published
by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a charity
IPB21'.
b. Strategies for achieving objectives
Funds are raised primarily via revenue from the in-house café, supplemented by income derived from both the
hire of on-site conferencing facilities, and renting office space to the education franchise, Kumon. Additional
funds are provided by the building s lease holder, Great Chart with Singleton Parish Council IGCSPCI. Some
further income is derived from fund-raising events such as quiz nights. Staff, both employed and volunteer, also
play a key role in enabling the charity lo meet its objectives. The role of our Education OffI￿r continues to
enhance our public engagement and extend our reach.
c. Activities undertaken to achieve objeetives
Our range of activities during 2023 2024 has been extensive, covering all age groups 8nd has proved
immensely popular with the public. The change to the use of the Eventbrite software lo manage the
administration side of many of our activities has been successful.
Achievements and performance
a. Main achievements of the Charity
To illustrate the range and depth of 8elivilies l include below the text from the article about the Centre whieh
featured in the Autumn edition of the parish magazine.
Summer 2023 Re
ort from Parish Ma
azine
What a busy summer it has been at Singleton Environment Cenlre. It has been a pleasure to welcome so many
f8milies lo the centre over the school holiday period. Great Chart with Singleton Parish Council have kindly
supported the education work at the Environment Centre which has allowed us to put on 8 huge range of
activities lo keep the children busy and entertained. In total, over 580 participants have taken part in one of our
Summer 2023 events.
We have held three Nature Sehool Family Fun Events- 'Magnificent Moths,, 'R8d Reptiles, and 'lt's A Pond Life,.
On these events families have had the chance to learn some fascinating facts, complete identification sheets,
explore the centre grounds on scavenger hunts, create a themed craft item and made a themed Ireal to eat.
Most importantly they have had some fun family lime together sharing in their learning and enjoyment of nature.
Our first Nature Stories session was an interactive telling of 'We're Going on 8 Bear Hunt,. Our younger visitors
completed activities linked to the story as they walked through the centre grounds. The children made grass
heads, went pond dipping, created clay bears, made bear stick puppets, danced in snow bubbles, and found
mini bears lo take home. They hunted high and low, and we are pleased to report that the centre grounds are
now free of all bearsl
Page 2

SINGLETON SPACES
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance Icontinuedl
Wednesdays were extra fun with our drop and leave Wild Wednesday sessions. Every Wednesday a group of
children from age 6 years + spent the day al the ￿ntre taking part in a range of outdoor activities. There was
pond dipping, den building, scavenger hunts, team games, minibeast hunts and nature craft. The firepit cooking
was extremely popular and the children cooked toast, popcorn, pitta pizzas, hot chocolate, 'S'mores' and roasted
marshmallows.11 was a pleasure lo spend lime with such delighttul children and to see new friendships form.
We had some special guests this summer. Phil from Jaws n Claws spent full busy days with us along with a
range of his fascinating reptiles. We were also pleased lo be able lo run I￿0 SEND friendly animal handling
sessions. Mark and his team brought the magnificent Owls from Leeds Castle along for a visit. As well as
meeting the owls the children made a wooden owl decoration to take home.
There was lols of recycling fun on our Junk Creators and Break Then Create sessions. Children aged 8 years +
gol lo break apart a range of household items, including laptops and game consoles, lo explore their inner
workings and then using the parts lo create art ple￿s. There was also lols of imagination used by the Junk
Creators lo turn our huge pile of recycled items into some wonderful models. Our Make It Days showed just how
creative our participants are. They made some wonderful unique l-shirts, hals, bags, pencil cases and make up
bags. Lots of children enjoyed making a wooden medal using the 'Hapa Zome, technique lo hammer colour from
plants on our free event. We were most impressed by the talents of the participants on our Nature Pics session.
The children, aged 8 years + learnt about angles, composition, and lighting lo take beautiful nature photographs
on their camera phones.
11 wasn't just the children having funl Our first session in our adult programme 'Prosecco with
saw a group of
adults learning how to use cyanolypes Isun prinlingl to design and make a beautiful cushion cover. The results
were fantastic. The first Words with Brunch session, run by Sila where a group of adults used the centre grounds
as inspiration for their creative writing.
Thank you all for supporting Singleton Environment Centre and making this summer so much fun. We hope lo
see you all enjoying the centre grounds very soon.
Helen, Education Officer, September 2023
"Chairs note.. Bear in mind these events look pla￿ during the school 'summer holidays, and represent a fraction
of the activities the Centre provides to engage with the public, lo educate an inspire them about the crucial
Importan￿ of the environment.
b. Factors relevant to achieve objectives
Once again, l am happy to express my sin￿re thanks lo the Trustees, volunteers all, who give their time
selflessly for the benefit of the community. We also have a small team of volunteers that support the ￿ntre in a
myriad of ways. And not forgetting our paid members of staff, an amazing team that run the cafè and administer
the site. We work closely with the 'Green Gym,, Ashford Community Woodland and the Ashford Repair Cafè. We
also enjoy support from both the parish IGCSPCI and Ashford Borough Council IABCI, who own the building.
We have been fortunate to have been able lo upgrade the Centre's lighting, changing the internal lights lo LEDS,
and renewing the lighting along the 'long' path that leads lo the entran￿ of the building. Volunteers have also
commenced the creation of a 'resilience garden,, working lo find plants most suited to deal with our changing
climate.
Financial review
a. Going concem
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable fvture. For this reason, they continue lo adopt
the going Gon￿rn basis in preparing the financial statements.
Page 3

SINGLETON SPACES
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
b. Reserrfes policy
The Charity aims to relain reserves equivalent to three months operating costs. A start has been made in
establishing this reserve, and il continues to grow.
structure, governance and management
a. Constitution
Singleton Spaces is a registered charity, number 1180577, and is constituted under a Trust deed dated 2
November 2018.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Trust deed.
c. Related party relationships
11 should be noted that Iruslees are members of GCSPC. A third Iruslee is employed by GCSPC. The
Trustees believe these relationships are of benefit to the charity and that no trustee re￿iVeS any personal benefit
as a result of the relationship.
d. Financial risk management
The Trustees have assessed the major risks lo which the Charity is exposed, in particular those related lo the
operations and finances of the Charity, and are satisfied that systems and procedures are in place lo mitigate
exposure to the major risks.
Plans for future periods
The formation of trustee sub-committees, with each focussing on a particular area of the Charity has been of
benefit in streamlining our aclivilies. A more professional approach to fund-raising has been adopted, with an
increasing number of grants being applied for. A strategy lo enter into partnership with local businesses, inviting
sponsorship for increased input from the Cenlre, perhaps in the form of providing Carbon Literacy training, is
also underway.
Page 4

SINGLETON SPACES
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally AC￿pIed Accounting
Practice).
The law applicable lo charities in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the stale of affairs of the Charity and of its incoming resources
and application of resources, including its income and expenditure, for that period. In preparing these financial
slalemenls, the Trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent.,
slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departures disclosed and explained in the financial stalemenls.,
prepare the financial statements on the going concern basis unless it is inappropriate to p￿Sume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity
and enable them lo ensure that the financial statements comply wth the Charities Act 2011, the Charity
IAccounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Malcolm Wiffen
Ichair of Trustees)
Dale..
29 Jan 2025
Page 5

SINGLETON SPACES
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent examinerfs report to the Trustees of Singleton Spaces I'the Charity.)
I report lo the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March
2024.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'lhe 2011 ACYI.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
seelion 14515llbl of the 2011 Act.
Independent examiner's statement
Since the Charity's gross income ex￿eded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. l Confirm that l am qualified lo undertake the examination because l am a member
of the Institute of Chartered Accounlanls in England and Wales IICAEWI, which is one of the listed bodies.
Your allenlion is drawn lo the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference lo the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April
2005 which is referred to in the exlanl regulations bul has been withdrawn.
l understand that this has been done in order for the accounts lo provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no mallers have come lo my attention in connection with the
examination giving me cause to believe that in any material respect..
aecounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act", or
the accounts do not accord with those records., or
the aecounts do not comply with the applicable requirements concetning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
I have no concerns and have Come across no other matters in connection with the examination to whieh
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stale to the Charity's
Trustees those matters l am required lo stale to them in an Independent examinerfs report and for no other
purpose. To the fullest exlenl permitted by law, I do not a¢￿p1 or assume responsibility lo anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
Dated..
29 Jan 2025
rr
Roland Parry FCA
Magee Gammon Corporate Limited
Henwood House
Henwood
Ashford
Kent
TN24 8DH
Page 6

SINGLETON SPACES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Restrieted Unrestrieted
fund$
fund$
2024
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charit8ble activities
2,500
73,182
341,653
75,682
341,653
31,076
304,031
Total income
2.500
414.835
417.335
335, 107
Expenditure on:
Charitable activities
410,251
410,251
353, 700
Total expenditure
410,251
410,251
353, 700
Net incomellexpenditurel
Transfers between funds
2,500
12.5001
4,584
2,500
7,084
(18,593)
15
Net movement in funds
7,084
7,084
(18,593)
Reconciliation of funds:
Totsl funds brought forward
Nel movement in fvnds
40,284
7,084
40,284
7,084
58,877
(78,593)
Total funds carried forward
47,368
47,368
40,284
The Statement of financi818ctivities includes all gains and losses recognised in the year.
The notes on pages g 10 20 form part of these financial statements.
Page 7

SINGLETON SPACES
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Fixed assgts
Tangible assets
Current assets
10
37,791
33,012
stocks
11
3.002
6,737
20,803
2,797
10,095
25,438
Debtors
Cash al bank and in hand
12
30.542
38,330
Creditors.. amounts falling due within one
year
13
{20,965}
{31,058J
Net current assets I liabilities
9,577
7,272
Total not assets
47.368
40,284
Charity funds
Reslricled funds
Unrestricted funds
15
47.368
40,284
Totsl funds
47,368
40,284
The financial statements were approved and authorised for issue by the Trustees and signed on their beh81f by..
Malcolm Wiffen
ICh8ir of Trustees)
Dale".
29 Jan 2025
The notes on pages g 10 20 form part of these financial statements.
Page 8

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General infomiation
Singleton Spaces is a eharity registered in England and W81es under number 1180577. The principal
office is Singleton Environment Cenlre, Wesley School Road, Ashford, Kent, TN23 5LW.
Aecounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordan￿ with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20151, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fai¢ view. This departure has involved following the Charities SORP IFRS 1021 published on 16
July 2014 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practi￿ effective from 1 April 2005 which has Sin￿ been withdrawn.
Singleton Spa￿s meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised al historical cost or transaction value unless otherwise slated in the relevant
accounting policy.
2.2 Income
All income is recognised once the Charity has entillemenl lo the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income re￿iVed for specific purposes bul not expended during the period is shown in the relevant
funds on the Balan￿ sheet. Where income is re￿iVed in advan￿ of entitlement of receipt, ils
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributsble lo a single activity are allocated directly
to that aclivily. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on direcuy undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 9

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies Itontinuedl
2.4 Government grants
Govemment grants relating to tangible fixed assets are treated as deferred income and released to
the Statement of financial activities over the expected useful lives of the assets concerned. Other
grants a￿ credited to the Statement of financial activities as the related expenditure is incurred.
2.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £150 or more are capilalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred lo bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the straighl-line method.
Depreciation is provided on the following basis..
Plant and machinery
Fixtu￿$ and fillings
Computer equipment
150/0
150/0
250/0
2.6 Stocks
Stocks are valued al the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed
and variable overhe8ds.
2.7 Debtors
Tmde and other debtors are reeognised al the set￿ement amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
2.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet dale as a result of a past
event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amount
of the settlement Can be estimated reliably.
Li8bilities are reeognised at the amount th8t the Charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it musl provide.
Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finan￿ cost.
Page 10

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies Itontinuedl
2.10 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured al their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.11 Pensions
The Charity operates a defined eontribulion pension seheme and the pension charge represents the
amounts payable by the Charity to the fund in respect of the year.
2.12 Fund accounting
General funds are unreslrieled funds which are available for use at the discffttion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific reslriclions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes lo the financi81 statements.
Income from donations and legacies
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Donations
28,689
44,493
28,689
46.993
Grants
2,500
2,500
73,182
75,682
Restricted un￿StriCted
funds
funds
2023
2023
Total
funds
2023
Donations
11,051
7,025
71,051
20,025
Grants
13,000
13,000
18,076
31,076
Page11

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from Charitable activities
Unrestricted
funds
2024
Total
funds
2024
Cafe
Conference Hire and Catering
Rental Income
265,951
55,902
19,800
265,951
55,902
19,800
341,653
341,653
UnTrstricted
funds
2023
Total
funds
2023
Cafe
Conference Hire and Catering
Rental Income
235, 788
52,659
15,584
235, 788
52,659
75,584
304,031
304,031
Page 12

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Anatysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2024
Total
2024
Environment Centre
410,251
410,251
Restricted Unrestricted
funds
funds
2023
2023
Tot81
2023
Environment centre
4. 820
348.880
353. 700
Analysls of expendlture by actlvltles
Actlvltles
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Environment Centre
407,456
2,795
410,251
Activities
undertakgn
directly
2023
Support
costs
2023
Total
funds
2023
Environment Centre
351,060
2,640
353, 700
Page 13

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Anatysis of expenditure by activities leontinuedl
Anatysis of direct costs
Total
funds
2024
Total
funds
2023
Staff costs
Depreciation
Cafe supplies
252.505
205,226
5,458
86,108
20,280
4,469
90,624
13,890
13.890
Building and grounds maintenance
Centre operating supplies
Cleaning and janitorial
Health and safely and security
Waste management
Communications and IT
Subscriptions
Matketing
Educational and environmental activities
Uniforms and staff welfare
Banking, insurance and administration
li
3.964
1,455
2,789
2.754
4.853
773
95
4,285
4,375
3,460
2,133
5,392
909
95
4.065
2.662
5,292
2, 809
1,525
4,536
407.456
351,060
Analysis of support costs
Total
funds
2024
Total
funds
2023
Accountancy
2,795
2,640
Independent examiner's remuneration
The independent examinerfs remuneration amounts to an independent examiner fee of £2,045 12023
£2, 0001.
Page 14

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution lo defined contribution pension schemes
232,948
14,855
4.702
186,975
13,940
4,311
252.505
205,226
The average number of persons employed by the Charity during the year was as follows..
2024
No.
2023
No.
Staff
11
10
No employee re￿iVed remuneration amounting lo more than £60,000 in either year.
Trustees. remuneration and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits (2023- £NIL).
During the year ended 31 March 2024, no Trustee expenses have been incurred (2023- £NILJ.
Page 15

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10.
Tangible fixed assets
Plant and Fixtures and
machinery
fittings
Computer
equipment
Total
Cost or valuation
At 1 April 2023
Additions
19.272
9,050
28.526
3,574
1.614
49.412
12,624
At 31 March 2024
28,322
32,100
1,614
62,036
Depreciation
At 1 April 2023
Charge for the year
10,259
3,052
5.004
4.571
1.137
222
16.400
7,845
At 31 March 2024
13,311
9,575
1.359
24,245
Net l)ook value
At 31 March 2024
15,011
22.525
255
37,791
At 31 March 2023
9,013
23,522
477
33,012
11.
Stocks
2024
2023
Finished goods and goods for resale
3.002
2,797
12. Debtors
2024
2023
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income
5,672
1,065
6,676
3,419
,737
10,095
Page 16

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13.
Creditors: Amounts falling due within one year
2024
2023
Trade creditors
Other taxation and soci81 security
Other creditors
Accruals and deferred income
6,587
10,352
259
3.767
19,517
6,262
510
4, 769
20,965
31,058
14.
Financial instruments
2024
2023
Financial assets
Financial assets measured at fair value through income and expenditure
20,803
25,438
Financial assets measured al fair value through income and expenditure comprise cash and bank
balances.
Page 17

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15.
Statement of funds
Statement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
Unrestricted funds
General Funds
40,284
414,835
{410,2511
2,500
47,368
Restricted funds
Kent County Council
McArthurGlen UK Ltd
1,000
1,500
11,000}
11,500)
2.500
12.500}
Totsl offunds
40,284
417,335
{410,2511
47,368
ststement of funds - prior year
Balan￿ at
31 March
2023
Balan￿ at
7 Apnl 2022
Transfers
in/oul
Income Expenditure
Unrestricted funds
General Funds
56,057
322,107
(348,880)
11,000
40,284
Rostricted funds
Ashford Borough Council
Kent County Council
Kingsnorth Parish Council
1,247
1,573
fO,000
2,000
1,000
(1,247)
(3,573)
(f O,OOOJ
(1,OOOJ
2,820
13,000
(4,820)
(f 1,000)
Total of funds
58,877
335,107
{353, 700)
40,284
Page 18

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Funds
Kent County Couneil - grant towards the LED lighting upgrade in the charitys main building and container.
McArthurGlen UK Ltd - grant towards the Spring Watch System.
17.
Transfers
Transfers from restricted funds to unreslricled funds represent the use of restricted funds to purehase
C8Pltal assets to be used as part of the normal operating activities of the ch8rity-
18.
Summary offunds
Summary offunds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
General funds
Reslricled funds
40,284
414.835
2,500
{410.2511
2.500
12,500)
47,368
40,284
417.335
{410.2511
47,368
Summary offunds - prior year
Balance at
31 March
2023
Balan￿ at
l April 2022
Transfers
in/oul
Incomg Expenditure
General funds
Reslricled funds
56,057
2,820
322,107
13,000
(348,880)
(4,820)
11,000
(11,OOOJ
40,284
58,877
335,107
(353, 700)
40,284
19.
Analysis of net assets between funds
Analysis of net assets bgtween funds - current Pgriod
Unrgstricted
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
37,791
30,542
120,9651
37,791
30,542
120,9651
Creditors due within one year
Total
47,368
47,368
Page 19

SINGLETON SPACES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
19.
Analysis of net assets between funds leontinuedl
Anatysis of net assets between funds - prior period
Unrestricted
funds
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
33,012
38,330
(31,058)
33,012
38,330
(31,058)
Total
40,284
40,284
20.
Pension commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the group in an independently administered fund. The pension cost charge
represents contributions payable by the charity lo the fvjnd and amounted to £4,702 12023 - £4,311). A
total of £Nil12023 - £Nill was payable lo the fund al the balance sheet dale and are included in creditors.
21.
Operating lease commitments
The Charity leases the property at a peppercorn rate over a period of 25 years lo 2043.
22. Related party transactions
The Charity is related lo Great Chart with Singleton Parish Council by virtue of some trustees also being
parish councillors. The property is leased from the Parish Council. The Iruslees act independently to the
Parish Council.
In other respects, the Charity has no transactions with related parties12023 - £Nill.
Page 20