Registered Charity Number :- 1183360
ALCESTER WAR MEMORIAL TOWN HALL CIO a Charitable Incorporated Organisation
FINANCIAL STATEMENTS
FOR THE YEAR END 31 December 2023
Alcester War Memorial Town Hall CIO 25 Ropewalk
Alcester
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
CONTENTS
FOR THE YEAR ENDED 31 December 2023
INDEPENDENT EXAMINER'S REPORT............................................................................................. 3 STATEMENT OF FINANCIAL ACTIVITIES ...................................................................................... 4 BALANCE SHEET ................................................................................................................................ 5 NOTES TO THE FINANCIAL STATEMENTS .................................................................................... 6
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 December 2023
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees Alcester War Memorial Town Hall CIO On accounts for the year 31 December 2023 Charity no 1183360 ended (if any) Set out on pages 5 - 12 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2023 . Responsibilities and basis of As the charity's trustees, you are responsible for the preparation of the accounts in report accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my Independent examiner's attention in connection with the examination which gives me cause to believe that in, any statement material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning 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 fair’ 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 which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Date: Name: Matthew John Elmes Relevant professional Chartered Accountant qualification(s) or body (if ICAEW / ACCA any): Address: 11 Swan Street Alcester Warwickshire B49 5DP
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 December 2023
STAT EME NT O F FINA NCIA L AC TIVITIE S
| Recommended categories by activity Notes Incoming resources Income and endowments from: Donations and legacies 2 Other trading activities 3 Investments 4 Other 5 Total Resources expended Expenditure on: Raising funds 6 Charitable activities 7 Other 9 Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ Total Funds 2023 £ Total Funds 2022 £ 2,610 2,610 3,567 12,680 12,680 10,653 795 795 - - - 43,932 |
|---|---|
| 16,085 16,085 58,152 |
|
| 7,632 7,632 5,897 9,120 9,120 7,433 1,699 1,699 844 |
|
| 18,451 18,451 14,174 |
|
| (2,366) (2,366) 43,978 (2,366) (2,366) 43,978 |
|
| (2,366) (2,366) 43,978 101,842 101,842 57,864 |
|
| 99,476 99,476 101,842 |
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
BALANCE SHEET
FOR THE YEAR ENDED 31 December 2023
| Recommended categories by activity Notes Fixed assets Tangible assets 10 Total fixed assets Current assets Debtors 11 Cash at bank and in hand 12 Total current assets Creditors: amounts falling due within one year 13 Net current assets/(liabilities) Total assets less current liabilities Total net assets or liabilities Funds of the Charity Unrestricted funds 14 Restricted income funds 14 Endowment funds 14 Total funds |
Unrestricted funds £ Total Funds 2023 £ Total Funds 2022 £ 5,658 5,658 6,617 |
|---|---|
| 5,658 5,658 6,617 |
|
| 653 653 2,111 96,250 96,250 97,547 96,903 96,903 99,658 3,085 3,085 4,433 93,818 93,818 95,225 |
|
| 99,476 99,476 101,842 |
|
| 99,476 99,476 101,842 |
|
| 99,476 99,476 101,842 - - - - |
|
| 99,476 99,476 101,842 |
The financial statements were approved by the Board on 25-Jul-2024 and signed on its behalf by:
V P Blake Trustee
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
1 Accounting Policies
1.1 Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.2 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts 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)" (effective I January 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.3 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
1.4 Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - on reducing balance Equipment - 15% on reducing balance
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
2 Income from Donations and Legacies
| Analysis Donation and gifts General grants provided by Government/other charities |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 Total funds 2022 £ £ £ £ £ 1,110 - - 1,110 - 1,500 - - 1,500 3,567 |
|---|---|
| 2,610 - - 2,610 3,567 |
3 Income from Other Trading Activities
| Analysis Fundraising Letting Income |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 Total funds 2022 £ £ £ £ £ 1,048 - - 1,048 113 11,632 - - 11,632 10,540 |
|---|---|
| 12,680 - - 12,680 10,653 |
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
4 Income from Investments
| Analysis Interest income |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 Total funds 2022 £ £ £ £ £ 795 - - 795 - |
|---|---|
| 795 - - 795 - |
5 Other Income
| Analysis Other |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 Total funds 2022 £ £ £ £ £ - - - - 43,932 |
|---|---|
| - - - - 43,932 |
6 Expenditure on Raising Funds
| Analysis Support Costs |
Total funds 2023 Total funds 2022 £ £ 7,632 5,897 |
|---|---|
| 7,632 5,897 |
7 Expenditure on Charitable Activities
| Analysis Legal/professional fees Support Costs |
Total funds 2023 Total funds 2022 £ £ 899 978 8,221 6,455 |
|---|---|
| 9,120 7,433 |
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
8 Support Costs
| Analysis Wages and salaries Advertising and marketing Rates & Water Insurance Light & Heat Licences & Subscriptions Cleaning Repairs & Maintenance Governance Costs Accountants fees |
Total funds 2023 Total funds 2022 £ £ 1,312 1,568 72 303 521 447 1,919 1,800 5,739 2,756 467 301 999 669 4,234 3,950 590 558 |
|---|---|
| 15,853 12,352 |
9 Other Expenditure
| Analysis Depreciation Charge for the Year - Fixtures & Fittings Equipment - Depreciation Charge for the Year Miscellaneous |
Unrestricted funds Restricted income funds Endowment funds Total funds 2023 Total funds 2022 £ £ £ £ £ 66 - - 66 74 893 - - 893 770 740 - - 740 - |
|---|---|
| 1,699 - - 1,699 844 |
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
10 Tangible Fixed Assets
10.1 Cost or valuation
| At 01 January 2023 Additions Disposals Revaluations Transfers At 31 December 2023 10.2 Amortisation and impairments At 01 January 2023 Additions Disposals Revaluations Transfers At 31 December 2023 10.3 Net book value At 01 January 2023 At 31 December 2023 |
Fixtures & Fittings Equipment £ £ 817 7,070 - - - - - - - - |
|---|---|
| 817 7,070 |
|
| Fixtures & Fittings Equipment £ £ 155 1,115 66 893 - - - - - - |
|
| 221 2,008 |
|
| Fixtures & Fittings Equipment £ £ 662 5,955 |
|
| 596 5,062 |
ALCESTER WAR MEMORIAL TOWN HALL CIO
NOTES TO THE FINANCIAL STATEMENTS
AW
FOR THE YEAR ENDED 31 December 2023
11 Debtors: Amounts falling due within one year
| Prepayments & accrued income Trade debtors 12 Cash at bank and in hand Cash at bank and on hand 13 Creditors: Amounts falling due Trade creditors Accruals and deferred income Other creditors |
Total funds 2023 Total funds 2022 £ £ 653 771 - 1,340 |
|---|---|
| 653 2,111 |
|
| Total funds 2023 Total funds 2022 £ £ 96,250 97,547 |
|
| 96,250 97,547 |
|
| within one year Total funds 2023 Total funds 2022 £ £ - 77 3,060 4,356 25 - |
|
| 3,085 4,433 |
12 Cash at bank and in hand
13 Creditors: Amounts falling due within one year
ALCESTER WAR MEMORIAL TOWN HALL CIO
AW
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2023
14 Charity funds
14.1 Details of material funds held and movements during the CURRENT reporting period
| Fund names Unrestricted funds General Fund Total |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
|---|---|
| 101,842 16,085 (18,451) - - 99,476 |
|
| 101,842 16,085 (18,451) - - 99,476 |
14.2 Details of material funds held and movements during the PREVIOUS reporting period
| Fund names Unrestricted funds General Fund |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ |
|---|---|
| 57,864 58,152 (14,174) - - 101,842 |
|
| Total | 57,864 58,152 (14,174) - - 101,842 |
14.3 Transfers between funds
This Year
| Amount | |
|---|---|
| £ | |
| Between unrestricted and restricted funds | - |
| Between endowment and restricted funds | - |
| Between endowment and unrestricted funds | - |
Last Year
Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds
Amount £ - - -