##
##
|||||
|---|---|---|---|
|COMEMS|||PAGE|
|Trustees Annual
Report|||1 toe|
|Independent|examiner's|report tothe members||
|Statement of|financial activities|||
|Balance sheet||||
|Notes to the financial statements|||8to13|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||YEAR ENDED 31|MARCH 2023||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||Unrestricted|Unrestricted|
||||||Funds 2023|Funds 2022|
||||||E|f|
|Income and endowments|||from:||||
|Donations||||2|65|1,000|
|Charitable|activities|||3|97,159|86,311|
|Total|||||97,224|87,311|
|Expenditure|on:||||||
|Charitable|activities||||(61,584)|(29,200)|
|Other expenditure|||||(13r447)|(8,890)|
|Total|||||(75,031)|(38,090)|
|Net gains/(losses)||on investments|||61|452|
|Net income/(expenditure)|||||22,254|49,673|
|Net movement
in||funds|||22,254|49,673|
|RECONCILIATION||OF FUNDS:|||||
|Total funds|brought forward||||||
|13|||||144,636|94,963|
|Total funds|carried forward||||166,890|144,636|
##
##
|||||31MARCH|31MARCH|31MARCH|2023||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||||||||||E|E|
|FIXED ASSETS|||||||||||
|Tangible assets|||||||9||2$8,956|298,729|
|Investments|||||||10||5,513|5,452|
||||||||||294,469|304,181|
|CURRENT ASSETS|||||||||||
|Debtors|||||||||737|5,676|
|Cash at bank and in hand|||||||||123,7$9|90,187|
||||||||||124,526|95,863|
|CREDITORS: Amounts|falling due within one|||year|||12||(10,763)|(10,090)|
|NET CURRENT ASSETS|||||||||113,763|85,773|
|TOTAL ASSETSLESS|CURRENT|UABILITIES|||||||408,232|389,954|
|CREDITORS. Amounts|falling due aRer more|||than|one|year|13||(241,342)|(245,318)|
|TOTAL NET ASSETS|||||||||1662I90|144,636|
|FUNDS
Unrestricted
Income
TOTALFUNDS
Lt
9
iI*
|funds|pp|d,|d|t|t|df|i|1662I90
144,636
166,890
144,636
h ~PJO/@ digd.||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Total Funds|Total Funds|
|---|---|---|---|---|---|
|||||2023|2022|
|||||E|E|
|Donations||||65|1,000|
|INCOME FROM CHARITABLE ACTIVITIES||||||
|||||Total Funds|Total Funds|
|||||2023|2022|
|||||E|E|
|Maintenance||contributions|from residents|97,159|86,311|
|EXPENDITURE ON CHARITABLE ACTIVITIES||||||
|||||Total Funds|Total Funds|
|||||2023|2022|
|||||E|E|
|Heating and|lighting|||5,605|2,804|
|Property maintenance||||4p943|4,162|
|Cyclical maintenance||||10,539|936|
|Extraordinary||repairs||4,500||
|Insurance||||1,553|1,466|
|Rates and water charges||||1/52|1,449|
|Honorarium|to Clerk tothe||Trustees|11,492|6,207|
|Miscellaneous||expenses||9,040|156|
|Website costs||||209|209|
|Subscriptions||and licences||478|38|
|Depreciation||||9,773|9,773|
|Governance|costs (see note||5)|2,000|2,000|
|||||61,584|29,200|
##
##
##
|||||Total Funds|Total Funds|
|---|---|---|---|---|---|
|||||2023|2022|
|||||f|f|
||Independent|examiner's|fees|2,000|2,000|
|6.|OTHER EXPENDITURE|||||
|||||Total Funds|Total Funds|
|||||2023|2022|
|||||f|f|
||Interest on loans|||13,338|8,796|
||Bank charges|||89|94|
|||||13,447|8,890|
##
##
##
##
||Land and|
|---|---|
||buildings|
||f|
|COST||
|As at 1April 2022|322,348|
|Additions||
|At 31March 2023|322,348|
|DEPRECIATION||
|As at 1April 2022|23,619|
|Charge forthe year|9,773|
|At 31March 2023|33,392|
|NET BOOK VALUE||
|At 31March 2023|288,956|
|At 31March 2022|298,729|
##
##
##
|I.isted investments|I.isted investments||||2023|
|---|---|---|---|---|---|
||||||f|
|Market Value|at 1April||||5352|
|Acquisitions
at cost||||||
|Unrealised
gains/(losses)|||||61|
|Market Value|at31March||||5,513|
|Historical cost at31March|||||5,452|
|DEBTORS||||||
|||||2023|2022|
|||||f|f|
|Weekly maintenance||contribution||69|69|
|Prepayments|and accrued income|||668|635|
|Other debtors|||||4,972|
|||||737|5,676|
|CREDITORS: Amounts||faglng due within one year||||
|||||2023|2022|
|||||f|f|
|Bankloans||||4+17|7,100|
|Accruals and|deferred|income||5,946|2,990|
|||||10,763|10,090|
|The loan issecured against the freehold property|||held by the charity.|||
|CREDITORS: Amounts||falling due after more than one year||||
|||||2023|2022|
|||||f|f|
|Bankloans:||||||
|Due between|2and 5|years||30,126|31,262|
|Due after 5years||||211,216|214,056|
|||||241,342|245,318|
##
##
##
##
##
##
##
||Balance at1|Incoming|Outgoing||Balance at|
|---|---|---|---|---|---|
||Apr 2022
f|resources
f|resources
f|Transfers
f|31Mar 2023|
|Buildings reserve
298,730|||(9,773)||288,956|
|Cyclical||||||
|maintenance|fund
36,423||(10,539)|10,040|35,924|
|Extraordinary||||||
|repair fund|(366,871)||(4,500)|6,140|(365,231)|
|Revenue reserve
176,354||97,285|(50,219)|(16,180)|207,241|
||144,636|97,285|(75,031)||166,890|
|ANALYSIS OF|MOVEMENTS IN UNRESTRICTED|FUNDS —Previous|period|||
||Balance at 1|Incoming|Outgoing||Balance at|
||Apr 2021
f|resources
f|resources
f|Transfers
f|31Nlar 2022f|
|Buildings reserve
308,503|||(9,773)||298I730|
|Cyclical||||||
|maintenance|fund
27,443|||8,980|36,423|
|Extraordinary||||||
|repair fund|(372,361)|||5~90|(366,871)|
|Revenue reserve
131,378||87,763|(28,317)|(14870)|176,354|
||94,963|87,763|(38,090)||144,636|
##
##
##
||Designated|General||
|---|---|---|---|
||Funds|Funds|Total|
|||g|6|
|Tangible fixed assets|288,956||288,956|
|Investments|5,513||5,513|
|Cash at bank and in hand||123,789|123,789|
|Current assets||737|737|
|Current liabilities||(10,763)|{10,763)|
|Non-current
liabilities||(241,342)|{241,342)|
||294,469|(127,579)|166,890|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS —Previous period||||
||Designated|General||
||Funds|Funds|Total|
|||6|g|
|Tangible fixed assets|298,729||298,729|
|Investments|5,452||5,452|
|Cash at bank and in hand||90,187|90,187|
|Current assets||5,676|5,676|
|Current liabilities||(10,090)|(10,090)|
|Non-current
liabilities||(245,318)|(245,318)|
||304,181|(159,545)|144,636|