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: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - 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 £** - - -