Trustees’ Annual Report for the period
From 1/7/2023 To 30/6/2024
Charity name: Newquay Lions Club (CIO)
Charity registration number:
1180601
Objectives and Activities
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SORP reference
Summary of the purposes of Para 1.17 SUCH PURPOSES AS ARE EXCLUSIVELY
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the charity as set out in its CHARITABLE IN ENGLAND AND WALES, governing document INCLUDING IN PARTICULAR: THE ADVANCEMENT OF CITIZENSHIP BY; PROMOTING THE PRINCIPLES OF GOOD CITIZENSHIP; ENCOURAGING MEMBERS TO TAKE AN ACTIVE INTEREST IN THE CIVIC, CULTURAL, SOCIAL AND MORAL WELFARE OF THE COMMUNITY; PROVIDING A FORUM FOR THE OPEN DISCUSSION OF ALL MATTERS OF PUBLIC INTEREST; PROVIDED THAT PARTISAN POLITICS AND SECTARIAN RELIGION SHALL NOT BE DEBATED BY MEMBERS; ENCOURAGING SERVICE-MINDED PEOPLE TO SERVE THEIR COMMUNITY WITHOUT PERSONAL REWARD AND ENCOURAGING THE PROMOTION OF HIGH ETHICAL STANDARDS IN COMMERCE, INDUSTRY, PROFESSIONS, PUBLIC WORKS AND PRIVATE ENDEAVOURS; SUPPORTING YOUTH TO DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS; PROMOTING THE VOLUNTARY SECTOR FOR THE PUBLIC BENEFIT BY ASSOCIATING WITH LOCAL AUTHORITIES IN A COMMON EFFORT TO ADVANCE EDUCATION AND PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION TO IMPROVE THE CONDITIONS OF LIFE OF PEOPLE IN LOCAL, NATIONAL AND INTERNATIONAL COMMUNITIES; PROMOTING VOLUNTEERING; THE RELIEF OF POVERTY AND THE RELIEF OF THOSE IN NEED IN PARTICULAR BY PROVIDING HUMANITARIAN AID AND DISASTER RELIEF; THE ADVANCEMENT OF HEALTH OR THE SAVING OF LIVES BY PREVENTING AVOIDABLE BLINDNESS, ASSISTING DISABLED PEOPLE TO LEAD INDEPENDENT LIVES OR HELPING TO PREVENT OR
| MANAGE HEALH ISSUES; PROMOTING FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT; AND/OR PROMOTING COMMUNITY PARTICIPATION IN HEALTHY RECREATION. |
||
|---|---|---|
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Main activities include Operating a community Minibus for elderly, disabled and other groups Arranging Holidays for disadvantaged or deserving families from around the UK at Hendra Holiday Park Running events such as Bingos and raffles Marshalling events within the Town General Fundraising |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Charity has had no need for regard to guidance from the Charities Commission during this financial year |
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The Charity has continued to support local, national & International causes |
|---|---|---|
Financial Review
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Review of the charity’s Para 1.21 The Charity is in a positive financial
financial position at the end position with reserves carried forward
of the period
Statement explaining the Para 1.22 The Charity maintains a reserve in it’s
policy for holding reserves Community account. This amount
stating why they are held fluctuates with regards to fundraising
received and donations paid out. Part of the
reserve is designed to fund any future
repair costs or towards eventual
replacement of our community minibus
Amount of reserves held Para 1.22
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| Reasons for holding zero reserves |
Para 1.22 | N/A |
|---|---|---|
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document | Para 1.25 | Constitution & bye laws |
| How is the charity constituted? |
Para 1.25 | Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | President, Secretary & Treasurer along with other elected members |
Reference and Administrative details
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Charity name The Lions Club of Newquay
Other name the charity uses Newquay Lions Club
Registered charity number 1180601
Charity’s principal address 26 TOWAN BLYSTRA ROAD
NEWQUAY
TR7 2RP
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 David Evison President
2 Barbara Hannan Secretary
3 Peter Bragg Treasurer
4 Jill Willmott Youth
5 Andrew Hannan Vice President
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity None Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian None charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own None assets
Exemptions from disclosure
Reason for non-disclosure of key personnel details
None
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
|
|---|---|
| Peter Bragg Barbara Hannan |
|
Treasurer Secretary |
|
| 14/12/2024 | |
| 14/12/2024 |
Newquay Lions Club CIO Charity No 1180601
Annual Report and Financial Statements
30 June 2024
Newquay Lions Club CIO Administrative Details
Charity name Charity registration number Company registration number Registered office
Trustees
Independent Examiner
Newquay Lions Club CIO 1180601 26 Towan Blystra Road Newquay Cornwall TR7 2RP David Evison Andrew Hannan Peter Bragg Barbara Jean Hannan Jillian Patricia Willmott Whyfield Limited Ground Floor, Building A Green Court Truro Business Park Threemilestone TR4 9LF
Newquay Lions Club Charity No 1180601
Approval statement
I report on the financial statements of the Charity for the financial year ended 30th June 2024 which are set out on pages 5 & 6.
Respective responsibilities of Trustees and Examiners
The Trustees (who are the directors of the company for the purposes of company law) are responsible for the
preparation of the accounts.
The Charity's Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act). As amended by s.28 of the Charities Act 2006) and that an independent examination is needed.
it is my responsibility to:
-
examine the accounts under section 43 of the act, as amended);
-
to follow the procedures laid down in the general directions given by the Charity commission (under Section 43(7)(b) of the Act, as amended); and
-
to state whether particular matters have come to my attention.
Basis of Independent Examiners' Statement
An examination includes a review of accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view' and the report is limited to those matters set out in the statement below.
Independent Examiner's statement
In the course of my examination, no matter has come to my attention:
1 which gives me reasonable cause to believe that, in any material respect, the Trustees
proper accounting records are kept (in accordance with section 41 of the Act); and accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act
Whyfield Limited Ground Floor Building A Green Court Truro Business Park Threemilestone Truro Cornwall TR4 9LF
Roxane Neave MAAT
Roxane Neave MAAT (Dec 16, 2024 08:25 GMT)
Newquay Lions Club Charity No 1180601 Receipts and Payments Account for Financial Year Ending 30th June 2024
Administration Account Income and Expenditure
| Subscriptions Charter Lunch/Dinner Marshalling Services Income Handover & Xmas events Donations 100 Club transfer Fines Raffles Other Social Activities Payments Dues Charter Lunch/Dinner Handover/Xmas expenses Presidents Expenses Regalia & awards Admin & Postage Miscallaneous Expenses 100 Club Income Prize money payments Net Income/(Expenditure) Fund balances brought forward Fund balances carries forward |
£ 870.87 1,543.00 200.00 1,155.00 - 1,000.00 84.60 116.00 73.00 5,042.47 1,855.06 1,831.09 1,325.00 268.00 - 11.30 107.56 5,398.01 1,575.36 1,575.36 - (355.54) 4,266.00 3,910.46 2024 |
£ 462.00 70.00 - 168.00 - 50.00 48.00 86.00 884.00 1,990.00 70.00 2.00 78.00 2,140.00 - - - (1,256.00) 5,522.00 4,266.00 2023 |
|---|---|---|
Newquay Lions Club Charity No 1180601 Receipts and Payments Account for Financial Year Ending 30th June 2024
Community Account Income and Expenditure
| Minibus donations Hendra Holidays Bingo Other Activities Donations & Sponsorship Income Bank Interest Release of grant on Peugeot Minibus Payments Minibus Running Costs Hendra Holidays Expenses Bingo Expenses Storage Miscellaneous Expenses Grants/Donations made Website Expenses Insurance Travelling expenses Depreciation Net Income/(Expenditure) Fund balances brought forward Fund balances carries forward |
£ 4,231.60 12,176.73 2,822.08 4,973.25 1,360.00 27.18 1,545.00 27,135.84 4,315.51 9,626.73 1,182.39 987.95 626.00 6,399.94 - - - 23,138.52 1,596 1,596 2,401.32 22,019.00 24,420.00 2024 |
£ 105.00 - 3,698.00 (147.00) 1,512.00 - 2,060.00 7,228.00 - - - - 364.00 3,938.00 - - - 4,302.00 2,120 2,120 806.00 21,213.00 22,019.00 2,023 |
|---|---|---|
Newquay Lions Club Charity No 1180601 Statment of Assets & Liabilites at 30th June 2024
| Fixed Assets Tangible assets Current Assets Administration Account 100 Club Account Cash Due from Community Account Current Liabilites Creditors Accrued Expenses Net Assets Funds Resticted funds Unrestricted funds |
£ - 3,659.70 2,005.36 7.00 - 5,672.06 2,005.36 2,005.36 3,666.70 3,910.00 3,910.00 2024 |
£ - 4,072.16 2,095.36 - 244.00 6,411.52 - 2,145.00 2,145.00 4,266.52 4,266.00 4,266.00 2023 |
|---|---|---|
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for small entities.
For the year ending 30/06/2024 the charitable company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preperation on the accounts.
.............................................. Peter Bragg (Dec 16, 2024 09:13 GMT) signed on behalf of the Trustees on
16/12/2024
Dated......................................
Newquay Lions Club Charity No 1180601 Statment of Assets & Liabilites at 30th June 2024
| Fixed Assets Tangible assets Current Assets Debtors Accrued income Cash Bank Account Current Liabilites Creditors Accrued Expenses Long term Liabilites Department of Transport Grant for Peugeot Minibus Brought forward 1 July 2020 Released to I&E account Net Assets Funds Resticted funds Unrestricted funds |
£ 4,919.00 - - 87.00 31,067.89 31,154.89 7,384.67 7,384.67 5,570.00 1,545.00 4,025.00 24,664.22 24,420.00 24,420.00 2024 |
£ 6,515.00 - 87.00 29,459.00 29,546.00 8,472.00 8,472.00 7,630.00 2,060.00 5,570.00 22,019.00 22,019.00 22,019.00 2023 |
|---|---|---|
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for small entities.
For the year ending 30/06/2024 the charitable company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preperation on the accounts.
.............................................. Peter Bragg (Dec 16, 2024 09:13 GMT) signed on behalf of the Trustees on
Dated......................................16/12/2024
1. Accounting Policies
Basis of Accounting
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 201 as updated by Update Bulletin 1 issued on 2 February 2016, the Charities Act 2011 ans the Companies Act 2006.
The financial statements have been prepared under the historical cost convention.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular activities on a basis
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
The unrestricted fund has arisen through general fundraising, unrestricted donations and surpluses from persuing the charity's objectives.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. The cost of raising and administering such funds are changed against the specific fund.
| Depreciation Depreciation is provided on tangible fixed assets so as to write off the cost or over their expected useful economic life as follows: Motor Vehicle Equipment 2. Voluntary Income Donations 3. Income from other Charitable Activities See detailed P&L for income types 4. Investment Income Interest income 5. Incoming resources from charitable activities Unrestricted Restricted Grant Income 1,545.00 Other Income - - - 1,545.00 |
valuation, less any estimated residual valu 25% RB 25% RB 15% RB 15% RB 1,360.00 1,512.00 1,360.00 1,512.00 29,246.13 4,540.00 29,246.13 4,540.00 27.18 - 27.18 - - 2,060.00 - - - 2,060.00 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 |
|---|---|
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
6. Net Income
| Net Income is stated after charging Depreciation |
1,596 2024 |
2,120 2023 |
|---|---|---|
7. Employee's remuneration
The average number of persons employed by the charity during the year was as follows:
The aggregate payroll costs of these persons were as follows: 0 0
8. Taxation
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
9.Tangible Fixed Assets
| Cost At 1st July 2023 Additions At 30 June2024 Depreciation At 1st July 2023 Charge for the year At 30 June2024 Net book value: At 1st July 2023 At 30 June2024 10. Debtors Prepayments Trade Other debtors 11.Current Liabilities Amounts falling due within 1 year Administration account Community account |
Motor Vehicle £ 8,240 - 8,240 2,060 1,545 3,605 4,635 6,180 |
Equipment £ 395 - 395 60 51 111 284 335 - 2,005 7,385 2024 |
Total £ 8,635 - 8,635 2,120 1,596 3,716 4,919 6,515 244 2,145 8,472 2023 |
|---|---|---|---|
12. Members' Liability
The charity is a charitable incorporated organisation and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
13. Analysis of Funds
| General Funds Adminitration 100 Club Community Total Funds 14. Net assets by fund Tangible assets Current assets Current Liabilities Non current liabilites |
2023 £ 2,171 2,095 22,019 26,285 Total 2023 £ 6,515 35,958 10,617 5,570 26,286 |
Incoming Resources Resources Expended 2024 £ £ £ 5,042 5,398 1,815 1,575 1,575 2,095 27,136 24,735 24,420 33,753 31,708 28,330 Unrestricted Restricted Total funds funds 2024 £ £ £ 4,919 4,919 36,827 36,827 9,390 9,390 4,025 4,025 28,331 - - - 28,331 |
|---|---|---|
Newquay Lions Club CIO Charity No 1180601
Annual Report and Financial Statements
30 June 2024
Newquay Lions Club CIO Administrative Details
Charity name Charity registration number Company registration number Registered office
Trustees
Independent Examiner
Newquay Lions Club CIO 1180601 26 Towan Blystra Road Newquay Cornwall TR7 2RP David Evison Andrew Hannan Peter Bragg Barbara Jean Hannan Jillian Patricia Willmott Whyfield Limited Ground Floor, Building A Green Court Truro Business Park Threemilestone TR4 9LF
Newquay Lions Club Charity No 1180601
Approval statement
I report on the financial statements of the Charity for the financial year ended 30th June 2024 which are set out on pages 5 & 6.
Respective responsibilities of Trustees and Examiners
The Trustees (who are the directors of the company for the purposes of company law) are responsible for the
preparation of the accounts.
The Charity's Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act). As amended by s.28 of the Charities Act 2006) and that an independent examination is needed.
it is my responsibility to:
-
examine the accounts under section 43 of the act, as amended);
-
to follow the procedures laid down in the general directions given by the Charity commission (under Section 43(7)(b) of the Act, as amended); and
-
to state whether particular matters have come to my attention.
Basis of Independent Examiners' Statement
An examination includes a review of accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view' and the report is limited to those matters set out in the statement below.
Independent Examiner's statement
In the course of my examination, no matter has come to my attention:
1 which gives me reasonable cause to believe that, in any material respect, the Trustees
proper accounting records are kept (in accordance with section 41 of the Act); and accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act
Whyfield Limited Ground Floor Building A Green Court Truro Business Park Threemilestone Truro Cornwall TR4 9LF
Roxane Neave MAAT
Roxane Neave MAAT (Dec 16, 2024 08:25 GMT)
Newquay Lions Club Charity No 1180601 Receipts and Payments Account for Financial Year Ending 30th June 2024
Administration Account Income and Expenditure
| Subscriptions Charter Lunch/Dinner Marshalling Services Income Handover & Xmas events Donations 100 Club transfer Fines Raffles Other Social Activities Payments Dues Charter Lunch/Dinner Handover/Xmas expenses Presidents Expenses Regalia & awards Admin & Postage Miscallaneous Expenses 100 Club Income Prize money payments Net Income/(Expenditure) Fund balances brought forward Fund balances carries forward |
£ 870.87 1,543.00 200.00 1,155.00 - 1,000.00 84.60 116.00 73.00 5,042.47 1,855.06 1,831.09 1,325.00 268.00 - 11.30 107.56 5,398.01 1,575.36 1,575.36 - (355.54) 4,266.00 3,910.46 2024 |
£ 462.00 70.00 - 168.00 - 50.00 48.00 86.00 884.00 1,990.00 70.00 2.00 78.00 2,140.00 - - - (1,256.00) 5,522.00 4,266.00 2023 |
|---|---|---|
Newquay Lions Club Charity No 1180601 Receipts and Payments Account for Financial Year Ending 30th June 2024
Community Account Income and Expenditure
| Minibus donations Hendra Holidays Bingo Other Activities Donations & Sponsorship Income Bank Interest Release of grant on Peugeot Minibus Payments Minibus Running Costs Hendra Holidays Expenses Bingo Expenses Storage Miscellaneous Expenses Grants/Donations made Website Expenses Insurance Travelling expenses Depreciation Net Income/(Expenditure) Fund balances brought forward Fund balances carries forward |
£ 4,231.60 12,176.73 2,822.08 4,973.25 1,360.00 27.18 1,545.00 27,135.84 4,315.51 9,626.73 1,182.39 987.95 626.00 6,399.94 - - - 23,138.52 1,596 1,596 2,401.32 22,019.00 24,420.00 2024 |
£ 105.00 - 3,698.00 (147.00) 1,512.00 - 2,060.00 7,228.00 - - - - 364.00 3,938.00 - - - 4,302.00 2,120 2,120 806.00 21,213.00 22,019.00 2,023 |
|---|---|---|
Newquay Lions Club Charity No 1180601 Statment of Assets & Liabilites at 30th June 2024
| Fixed Assets Tangible assets Current Assets Administration Account 100 Club Account Cash Due from Community Account Current Liabilites Creditors Accrued Expenses Net Assets Funds Resticted funds Unrestricted funds |
£ - 3,659.70 2,005.36 7.00 - 5,672.06 2,005.36 2,005.36 3,666.70 3,910.00 3,910.00 2024 |
£ - 4,072.16 2,095.36 - 244.00 6,411.52 - 2,145.00 2,145.00 4,266.52 4,266.00 4,266.00 2023 |
|---|---|---|
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for small entities.
For the year ending 30/06/2024 the charitable company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preperation on the accounts.
.............................................. Peter Bragg (Dec 16, 2024 09:13 GMT) signed on behalf of the Trustees on
16/12/2024
Dated......................................
Newquay Lions Club Charity No 1180601 Statment of Assets & Liabilites at 30th June 2024
| Fixed Assets Tangible assets Current Assets Debtors Accrued income Cash Bank Account Current Liabilites Creditors Accrued Expenses Long term Liabilites Department of Transport Grant for Peugeot Minibus Brought forward 1 July 2020 Released to I&E account Net Assets Funds Resticted funds Unrestricted funds |
£ 4,919.00 - - 87.00 31,067.89 31,154.89 7,384.67 7,384.67 5,570.00 1,545.00 4,025.00 24,664.22 24,420.00 24,420.00 2024 |
£ 6,515.00 - 87.00 29,459.00 29,546.00 8,472.00 8,472.00 7,630.00 2,060.00 5,570.00 22,019.00 22,019.00 22,019.00 2023 |
|---|---|---|
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for small entities.
For the year ending 30/06/2024 the charitable company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preperation on the accounts.
.............................................. Peter Bragg (Dec 16, 2024 09:13 GMT) signed on behalf of the Trustees on
Dated......................................16/12/2024
1. Accounting Policies
Basis of Accounting
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 201 as updated by Update Bulletin 1 issued on 2 February 2016, the Charities Act 2011 ans the Companies Act 2006.
The financial statements have been prepared under the historical cost convention.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular activities on a basis
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
The unrestricted fund has arisen through general fundraising, unrestricted donations and surpluses from persuing the charity's objectives.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. The cost of raising and administering such funds are changed against the specific fund.
| Depreciation Depreciation is provided on tangible fixed assets so as to write off the cost or over their expected useful economic life as follows: Motor Vehicle Equipment 2. Voluntary Income Donations 3. Income from other Charitable Activities See detailed P&L for income types 4. Investment Income Interest income 5. Incoming resources from charitable activities Unrestricted Restricted Grant Income 1,545.00 Other Income - - - 1,545.00 |
valuation, less any estimated residual valu 25% RB 25% RB 15% RB 15% RB 1,360.00 1,512.00 1,360.00 1,512.00 29,246.13 4,540.00 29,246.13 4,540.00 27.18 - 27.18 - - 2,060.00 - - - 2,060.00 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 |
|---|---|
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
6. Net Income
| Net Income is stated after charging Depreciation |
1,596 2024 |
2,120 2023 |
|---|---|---|
7. Employee's remuneration
The average number of persons employed by the charity during the year was as follows:
The aggregate payroll costs of these persons were as follows: 0 0
8. Taxation
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
9.Tangible Fixed Assets
| Cost At 1st July 2023 Additions At 30 June2024 Depreciation At 1st July 2023 Charge for the year At 30 June2024 Net book value: At 1st July 2023 At 30 June2024 10. Debtors Prepayments Trade Other debtors 11.Current Liabilities Amounts falling due within 1 year Administration account Community account |
Motor Vehicle £ 8,240 - 8,240 2,060 1,545 3,605 4,635 6,180 |
Equipment £ 395 - 395 60 51 111 284 335 - 2,005 7,385 2024 |
Total £ 8,635 - 8,635 2,120 1,596 3,716 4,919 6,515 244 2,145 8,472 2023 |
|---|---|---|---|
12. Members' Liability
The charity is a charitable incorporated organisation and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
13. Analysis of Funds
| General Funds Adminitration 100 Club Community Total Funds 14. Net assets by fund Tangible assets Current assets Current Liabilities Non current liabilites |
2023 £ 2,171 2,095 22,019 26,285 Total 2023 £ 6,515 35,958 10,617 5,570 26,286 |
Incoming Resources Resources Expended 2024 £ £ £ 5,042 5,398 1,815 1,575 1,575 2,095 27,136 24,735 24,420 33,753 31,708 28,330 Unrestricted Restricted Total funds funds 2024 £ £ £ 4,919 4,919 36,827 36,827 9,390 9,390 4,025 4,025 28,331 - - - 28,331 |
|---|---|---|