|||Pages| |---|---|---| |Trustees'
Annual
Report||1to 3| |Independent
Examiner's|Report|| |Statement of Financial Activities||| |Balance Sheet||| |Statement
ofCash flows||| |Notes to the Accounts||8to 16| |Detailed Statement of Financial Activities||17to 19| ## ## ## ## ## ## ## ## ## ## ## ## ## |for the year ended 31March|2023||||| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|Total funds|Total funds| |||2023|2023|2023|2022| ||Notes|E|E|E|E| |Income and endowments|||||| |from:|||||| |Donations and legacies||5,627|71,040|76,667|45,635| |Charitable
activities||68,611|8,000|76,611|72,308| |Other trading activities||19,468||19,468|2,881| |Other||620||620|14,616| |Total||94,326|79,040|173,366|135,440| |Expenditure
on:|||||| |Raising funds|8|6,918||6,918|5,106| |Charitable
activities|9|61,976|32,344|94,320|49,821| |Other|10|61,554|13,294|74,848|62,986| |Total||130,448|45,638|176,086|117,913| |Net gains on investments|||||| |Net (expenditure)/income||(36,122)|33,402|(2,720)|17,527| |Transfers between
funds|||||| |Net (expenditure)/income
before other gains/(losses)||(36,122)|33,402|(2,720)|17,527| |Other gains and losses|||||| |Net movement
in funds||(36,122)|33,402|(2,720)|17,527| |Reconciliation offunds:|||||| |Total funds brought forward||74,798||74,798|57,271| |Total funds carried forward||38,676|33,402|72,078|74,798| ## ## |at 31March 202|3|3|3|||| |---|---|---|---|---|---|---| |Company
No.|08604585|||Notes|2023|2022| ||||||f|6| |Fixed assets||||||| |Tangible assets||||13|4,353|14,002| ||||||4,353|14,002| |Current assets||||||| |Stocks||||14|575|871| |Debtors||||15|25,632|26,021| |Cash at bank and|||in hand||54,045|43,104| ||||||80,252|69,996| |Creditors: Amount||falling due within one year||16|(12,527)|(9,200)| |Net current assets|||||67,725|60,796| |Total assets less|current liabilities||||72,078|74,798| |Net assets excluding|||pension asset or liability||72,078|74,798| |Total net assets|||||72,078|74,798| |The funds ofthe|charity|||||| |Restricted funds||||17||| |Restricted income|||funds||33,402|| ||||||33,402|| |Unrestricted
funds||||17||| |General funds|||||38,676|74,798| ||||||38,676|74,798| |Reserves||||17||| |Total funds|||||72,078|74,798| |||2023|2022| |---|---|---|---| |||6|6| |Cash flows from operating|activities||| |Net (expenditure)/income|per Statement ofFinancial Activities|(2,720)|17,527| |Adjustments
for:|||| |Depreciation
of property,
plant and equipment||9,649|9,650| |Dividends,
interest and|rents from investments|(620)|(14,616)| |Other gains/losses|||| |Decrease/(Increase)
in|stocks|296|(85)| |Decrease/(increase)
in|trade and other receivables|389|(4,342)| |Increase
in trade and other payables||3,326|4,592| |Net cash provided
by operating
activities||10,320|12,726| |Cash flows from investing|activities||| |Dividends,
interest and|rents from investments|620|14,616| |Net cash from investing
activities||620|2,003| |Net cash from financing
activities|||| |Net increase in cash and cash equivalents||10,940|14,729| |Cash and cash equivalents|at the beginning ofthe year|43,104|28,377| |Cash and cash equivalents|atthe end ofthe year|54,044|43,106| |Components
ofcash and cash equivalents|||| |Cash and bank balances||54,045|43,104| |||54,045|43,104| ## ## ## ## |last year and no chan|last year and no chan|last year and no chan|last year and no chan|ges have been made to accounts for previous years.||||||| |---|---|---|---|---|---|---|---|---|---|---| |Fund accounting||||||||||| |Unrestricted||funds||These are available for use at the discretion ofthe trustees||in furtherance|of|the||| |||||general objects ofthe charity.||||||| |Designated|funds|||These are unrestricted
funds earmarked
by the trustees|for particular
purposes.|||||| |Revaluation||funds||These are unrestricted
funds which include a revaluation|reserve representing||||the|| |||||restatement
ofinvestment
assets at their market values.||||||| |Restricted funds||||These are available for use subject to restrictions
imposed||by the donor|or through|||| |||||terms ofan appeal.||||||| |Income||||||||||| |Recognition||of||Income is included
in the Statement of Financial Activities||(SoFA) when the charity||||| |income||||becomes entitled to, and virtually
certain to receive, the|income and the||amount|||of| |||||the income can be measured
with sufficient
reliability.||||||| |Income with||related||Where income has related expenditure
the income and|related expenditure|||is||| |expenditure||||reported
gross in the SoFA.||||||| |Donations|and|||Voluntary
income received
by way of grants, donations|and gifts is included|||in|the|| |legacies||||the SoFA when receivable
and
only when the Charity has||unconditional||||| |||||entitlement
to the income.||||||| |Tax reclaims||on||Income from tax reclaims
is included
in the SoFA at the same time as the||||||| |donations|and||gifts|gift/donation
to which
it relates.||||||| |Donated services||||These are only included
in income (with an equivalent
amount
in expenditure)||||||| |and facilities||||where the benefit to the Charity
is reasonably
quantifiable,||measurable|and|||| |||||material.||||||| |Volunteer|help|||The value ofany volunteer
help received
is not included|in the accounts.|||||| |Investment||income||This is included
in the accounts when receivable.||||||| |Gains/(fosses)|||on|This includes any gain or loss resulting
from revaluing
investments
to market||||value||| |revaluation||of|fixed|at the end ofthe year.||||||| |assets||||||||||| |Gains/(losses)|||on|This includes any gain or loss on the sale ofinvestments.||||||| |investment||assets||||||||| ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Restricted|| |---|---|---|---|---|---|---|---|---| |||||||funds|funds|Total funds| |||||||2022|2022|2022| |Income and endowments|||from:|||||| ||Donations
and|legacies||||2,791|42,844|45,635| ||Charitable
activities|||||64,308|8,000|72,308| ||Other trading activities|||||2,881||2,881| ||Other|||||14,616||14,616| |Total||||||84,596|50,844|135,440| |Expenditure
on:||||||||| ||Raising funds|||||5,106||5,106| ||Charitable
activities|||||23,847|25,974|49,821| ||Other|||||50,486|12,500|62,986| |Total||||||79,439|38,474|117,913| |Net|income|||||5,157|12,370|17,527| |Net income before
gains/(losses)||other||||5,157|12,370|17,527| |Other gains and losses:||||||||| |Net|movement
in funds|||||5,157|12,370|17,527| |Reconciliation offunds:||||||||| |Total funds brought||forward||||57,271||57,271| |Total funds carried||forward||||62,428|12,370|74,798| |4|Income from donations|||and legacies||||| ||||||Unrestricted|Restricted|Total|Total| ||||||||2023|2022| ||Town Council Management
Grant|||||10,000|10,000|12,501| ||Orchard Trust||||4,881||4,881|| ||Donations||||746||746|2,790| ||Other grants including
culture|||HAZ||61,040|61,040|30,344| ||||||5,627|71,040|76,667|45,635| ## ## ## |5|Income fro|m||charitable activities||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||||2023|2022| ||Events||||25,630||25,630|15,075| ||Cinema||||5,940||5,940|3,837| ||Youth|||||8,000|8,000|8,000| ||Hall and room|||hire|37,041||37,041|45,396| ||||||68,611|8,000|76,611|72,308| |6|Income from||other trading activities|||||| |||||||Unrestricted|Total|Total| ||||||||2023|2022| ||Rental income|||Unit 14||11,403|11,403|| ||Cafe Bar|||||5,507|5,507|2,881| ||Adhoc Events|||||2,558|2,558|| |||||||19,468|19,468|2,881| |7|Other income|||||||| |||||||Unrestricted|Total|Total| ||||||||2023|2022| ||GRS|||||||3,866| ||BANES support|||grant||||10,750| ||Sale ofitems|||||620|620|| |||||||620|620|14,616| |8|Expenditure||on raising funds|||||| |||||||Unrestricted|Total|Total| ||||||||2023|2022| ||Fundraising||trading costs|||||| ||Midsomer
Fayre Quiz|Norton Town||||1,461|1,461|516| ||Cafe Bar|||||3,647|3,647|2,314| ||Adhoc Events|||||1,810|1,810|2,276| |||||||6,918|6,918|5,106| ## ## |9|Expenditure
on charita|ble|activities||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||||2023|2022| ||Expenditure
on charitable||||||| ||activities||||||| ||Events|||30,858|24,344|55,202|23,005| ||Cinema|||8,032||8,032|4,831| ||Youth||||8,000|8,000|8,000| ||Hall and room hire|||23,086||23,086|13,985| |||||61,976|32,344|94,320|49,821| |10|Other expenditure||||||| |||||Unrestricted|Restricted|Total|Total| |||||||2023|2022| ||Employee costs|||16,814|10,000|26,814|24,248| ||Motor and travel costs||||||| ||Premises costs|||8,524|3,294|11,818|4,869| ||Depreciation
and profit/loss|||9,649||9,649|9,650| ||on disposal offixed assets||||||| ||General administrative|costs||15,762||15,762|15,114| ||Legal and professional|costs||10,805||10,805|9,098| |||||61,554|13,294|74,848|62,986| |11|Net (expenditure)/income||before||||| ||transfers||||||| ||||||2023||2022| ||This is stated after charging:||||E||E| ||Depreciation ofowned|fixed assets|||9,649||9,650| |12|Staff costs||||||| ||||||2023||2022| ||Salaries and wages||||26,000||24,248| ||Pension costs||||814||| ||||||26,814||24,248| ## |13|Tangible fixed assets||||| |---|---|---|---|---|---| ||||Fixtures,||| |||||Cinema|| ||||Fittings &
Equipment|equipment|Total| ||||E||| ||Cost or revaluation||||| ||At 1April 2022||16,519|33,119|49,638| ||At 31March 2023||16,519|33,119|49,638| ||Depreciation
and||||| ||impairment||||| ||At 1April 2022||8,036|27,600|35,636| ||Depreciation
charge for|the|4,130|5,519|9,649| ||year||||| ||At 31March 2023||12,166|33,119|45,285| ||Net book values||||| ||At 31March 2023||4,353||4,353| ||At 31March 2022||8,483|5,519|14,002| |14|Stocks||||| ||||2023||2022| ||||f||E| ||Finished goods||575||871| ||||575||871| ||Carrying value analysed|by activities|2023||2022| ||||E||f| ||Events||575||871| ||||575||871| |15|Debtors||||| ||||2023||2022| ||||E||E| ||Trade debtors||23,272||24,948| ||Other debtors||||143| ||Prepayments
and accrued income||2,360||930| ||||25,632||26,021| |16|Creditors:||||| ||amounts
falling due within one year||||| ||||2023||2022| ||||E||E| ||Trade creditors||10,810||8,100| ||Other taxes and social security||47||8| ||Other creditors||392||| ||Accruals||1,093||1,092| ||Deferred income||185||| ||||12,527||9,200| |||||Incoming||| |---|---|---|---|---|---|---| |||||resources||At 31| ||||||Resources|| ||||At 1April|(including
other|expended|March
2023| ||||2022|gains/losses)||| |||||6||| |Restricted funds:||||||| |Restricted income funds:||||||| |Community|Trust Grant|||10,000|(10,000)|| |Youth Club|Grant|||8,000|(8,000)|| |HAZ Culture||||34,018|(13,617)|20,401| |BIkNES Make||space||20,572|(13,207)|7,365| |Warm spaces||||6,450|(814)|5,636| |Total||||79,040|(45,638)|33,402| |Unrestricted||funds:||||| |General funds|||74,798|94,326|(130,448)|38,676| |Total funds|||74,798|173,366|(176,086)|72,078| ## |18|Analysis ofnet|assets between funds|||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|| ||||||Total| ||||funds|funds|| ||||f||f| ||Fixed assets||4,353||4,353| ||Net current assets||34,323|33,402|67,725| ||||38,676|33,402|72,078| |19|Reconciliation|ofnet debt|||| ||||||At 31| ||||At 1Apdl||March| ||||2022|Cash flows|2023| ||||f|f|f| ||Cash and cash|equivalents|43,104|10,941|54,045| ||||43,104|10,941|54,045| ||Net debt||43,104|10,941|54,045| ##