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|||Acorn Book Club|(ABC)|(ABC)||||
|---|---|---|---|---|---|---|---|
||Accounts for the Year Ended 31"March 2022|||||||
|||Trustees'
Annual|Report|||||
|Governing|Document|Acorn Book Club (ABC)||is a Charitable||Incorporated|Organisation|
|||formed
by way ofa governing|||document|dated 27 June 2019.||
|REFERENCE AND ADNIINISTRATION||DETAILS||||||
|Registered|Charity No.|1184137||||||
|Address||9 Marks Road, Bromley,||BR2|9HG|||
|Trustees||||||||
|||Robert Sargent||||||
|||Sandra Sargent||||||
|||David Spragg||||||
|||Rosemary Yazdani||||||
|||Tees Dowd||||||
|Bankers||||||||
|||MetroBank,||||||
|Accountants||Barnes Roffe LLP||||||
|||Chartered
Accountants||||||
|||Charles Lake House,|Claire Causeway,|||Crossways||
|||Business Park, Dartford,||Kent,|DA2 6QA|||
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||||||Unrestricted|||
|---|---|---|---|---|---|---|---|
||||||funds|Total|roiai|
|||||Note|2022
6|2022f|2021f|
|Incoming resources||||||||
|Income and|endowments||from:|||||
|Donations|||||19,267|19,267|5,155|
|Other trading|sctivittes||||246|246||
|Total|||||19,513|I, 1||
|Resources|expended|||||||
|Expenditure|on:|||||||
|Charitable
activities|||||5,044|5,044|120|
|Total|||||5,044|5,044|120|
|Net income/(expenditure)|||||14,469|14,469|5,045|
|Net movement
in funds|||||14,469|14,469|5,045|
|Total funds|brought|forward at 1 April 2021|||9,871|9,971|4,525|
|Total funds|carried|forward at 31 March||2022|24,340|24,340|9,871|
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||||Unrestricte|Total|Total|
|---|---|---|---|---|---|
||||d Funds|2022|2021|
|||Note|2|2||
|Current Assets||||||
|Debtors|||12,719|12,719||
|Cash at bank and in hand|||12,871|12,571|9,871|
|Total Current Assets|||25,590|25,590|9,871|
|Creditors: amounts|falling due within one year||1,250|1,250||
|Net current assets|||24,340|24,340|9,871|
|Total Net Assets|||24,340||9,871|
|Funds ofthe charity||||||
|Unrestricted
funds|||24,340|24,340|9,871|
|Totalfunds|||24,340|24,340|9,871|
||||ACORN BOOK CLUB (ABC)|ACORN BOOK CLUB (ABC)|ACORN BOOK CLUB (ABC)|ACORN BOOK CLUB (ABC)|ACORN BOOK CLUB (ABC)|ACORN BOOK CLUB (ABC)|ACORN BOOK CLUB (ABC)|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Accounts for the Year Ended 31 March 2022|||||||||||||||||||
|||||Notes to the|Accounts|||||||||||||||||
|1.|General Information|||||||||||||||||||||
||Acorn Book Club (ASC) is a Charitable||Incorporated
Organisation||and registered
chanty||||||incorporated||||in|England||and||Wales.||
||The registered
office is 0 Marks Road,|Bromley,||BR2 9HJ.||||||||||||||||||
|2.|Accounting
policies|||||||||||||||||||||
|2.1|These accounts
have been prepared|under
the historical cost convention|||||with items||recognised||||at|cost||or transaction||||value||
||unless
otherwise
stated
in the relevant||note(s)|to these accounts. )he accounts have|||||been prepared||||||in accordance||||with||the|
||Statement
of Recommended
Prachce.|Accounting
and Reporhng|||by|Chanties||preparing||their accounts|||||in|accordance|||with||the|
||Financial
Reportmg
Standard
applicable||in the|UK and Republic|of|Ireland|(FRS 102)|||issued||on|16||July 2014|||and|with||the|
||Financial
Reporting
Standard
applicable||in the|United
Kingdom|and|Republic||of Ireland||(FRS||102)||and||with|the|Chrities|||Act|
||2011.|||||||||||||||||||||
|2.2|Income|||||||||||||||||||||
||Recognition
ofincome|||||||||||||||||||||
||Income is included
in the Statement
of|Financial||Activities (SoFA) when||||||||||||||||||
||~
the charity becomes entitled to Ihe||resources;|||||||||||||||||||
||~
it is more likely than not that the trustees
will receive the resources, and|||||||||||||||||||||
||the monetary
value can be measured
with|||sufficienl reliability.||||||||||||||||||
||Offsetting|||||||||||||||||||||
||There has been no offsetting
of assets||and liabilities,
or income||and|expenses,
unless||||required||or permitted|||||by|lhe|FRS||102|
||SORP or FRS 102.|||||||||||||||||||||
||Grants and donetloas|||||||||||||||||||||
||Grants and donations
are only included||in the SoFA when the general|||income||recognition||criteria||sre||met.||||||||
||Volunteer
help|||||||||||||||||||||
||The value ofany voluntary
help received||is not|included
in the accounts but|||is|described||in|the trustees'||||annual||report.|||||
|2.3|Expenditure
and ffabigties|||||||||||||||||||||
||Llebffily mcognition|||||||||||||||||||||
||Liabilities are recognised
where
it is more hkely|||than not that there is||a legal|or constructive||||obligation|||committing||||the|charity to|||
||pay out resources
and the amount ofthe obligation csn be measured|||||with reasonable|||certainty.|||||||||||||
||Governance
end support casts|||||||||||||||||||||
||Support
costs have
been allocated
between|||governance
costs|and other|||support.|Governance|||||costs comprise|||||all|costs||
||involving
public accountabilay
ofthe chsnty and|||its compliance
with regulation||||and good||practice.||||||||||||
||Support costs include central functions||and have been allocated||to activity||cost categones||||on a|basis|||consistent|||with the|||use|
||ofresources.|||||||||||||||||||||
||Creditors|||||||||||||||||||||
||The charity has creditors which are measured
at settlement
amounts|||||less sny||trade discounts.||||||||||||||
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|||||Unrestricted||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||funds|Total|funds||
|||||2022|2022|2021||
|||||E|E|||
|3.|Analysis of Income|||||||
||Dcnstionsr|||||||
||General donations|||14,902|14,902|5,|165|
||Payroll
Giving|||4,205||||
|||||19,267|19,267|5,|165|
||Other trading sctlvltlesi|||||||
||Sales of books|||246|246|||
||Total Income|||||5,|165|
|||||Unrestricted||Unrestricted||
|||||funds|Total|funds||
|||||2022|2022|2021||
||||Note|E|E|E||
|4.|Analysis ofexpenditure|on charitable|activities|||||
||Project Costs|||1,607|1,607|||
||Support Costs|||246|246||120|
||Governance
Costs|||3,111|3,111|||
||Total Expenditure|||5,044||||
|||||Charitable||Charitable||
|||||Activities|Total|Activities||
|||||2022
E|2022
6|2021f||
|5.|Analysis ofsupport costs|||||||
||Bank Charges|||110|110||120|
||Storage Costs|||60|60|||
||Rates|||76|76|||
||Total Support costs||||||120|
|||||Charitable||Charitable||
|||||Activities|Total|Activities||
|||||2022|2022|2021||
|||||6|E|E||
|6.|Analysis ofgovernance|costs||||||
||Accountancy|||2,930|2,930|||
||Legal and Protessional|||25|25|||
||Insnrnnos|||156|156|||
||Total governance costs||||3,111|||
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|||2022|2021|2021|
|---|---|---|---|---|
|||8|8||
|7.|Debtors and prepayments||||
||Prspayments
and accrued income|12,719|||
||Total debtors and prepayrnents|12,719|||
|||2022
8|2021f||
|8.|Creditors and accruals||||
||Accruais and deferred
income|1,250|||
||Total creditors and accruals|1,250|||
|||2022|2021||
||||5||
|9.|Cash at bank and in hand||||
||Cash at bank and in hand|12,871||9,871|
||Total cash at bank and in hand|12,871||9,871|