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2023-03-31-accounts

TRUSTEES REPORT

The Trustees present their report and accounts for the year ended 31 March 2023

Statement of Trustees Responsibilities

Charity law requires the trustees and the committee to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing those financial statements the trustees and the committee select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; adopt policies in accordance with the statement of recommended practice and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue its charitable activities.

The trustees and the committee are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity to enable them to ensure that the financial statements comply with the Charities Act 1993 and 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.

Charitable Objectives

The objectives of the Charity, as set out in the Trust Deed of the Hanwood Village Hall & Recreation Ground, are to apply the funds to or for the upkeep and maintenance of the Hall & Grounds.

Review of Activities and Achievements

The accounts are prepared on a Receipts and Payments basis. They show the monies raised in the year and give details of monies spent.

Trustees

The Custodian Trustees of the charity are Great Hanwood Parish Council.

The charity is a registered charity number 514128 and the correspondent is Elaine Heighway 3 Willow Drive Hanwood Shrewsbury SY5 8RF

On behalf of the Managing Trustees

[1]

The Poetry Exchang

Rece

For the period from

Section A Receipts and payments

Unrestricted funds

to the nearest £

A1 Receipts

A1 Receipts
Arts Council England National LotteryProject Grant
Earned income - fees frompartners 5,195
Donations - fundraisingevent(s) 1,573
Individual donations 2,035
Sub total(Gross income for AR) 8,803

A2 Asset and investment sales, (see table).

Sub total

Total receipts 8,803

A3 Payments

A3 Payments
Artists' fees & expenses 1,983
Venue hire & materials 626
Staffing - producing & marketing 799
Staffing - digital production 642
Other freelance support 1,039
Rights & permissions
Advertising & promotion 288
Software, subscriptions, insurance 982
**Sub total ** 6,359

A4 Asset and investment purchases, (see table) Sub total Total payments 6,359 Net of receipts/(payments) 2,444

A5 Transfers between funds A6 Cash funds last year end

Cash funds this year end

1,984 2,444

Section B Statement of assets and liabilities at the

Categories

Details

B1 Cash funds

(agree balances with re

Details

B2 Other monetary assets

Details

B3 Investment assets

Details

B4 Assets retained for the charity’s own use

Details

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Signat

Notes: £464 paid to trustee Roy McFarlane for artistic services to The Poetry Exchange (July 202 resolution was in place and updated by all trustees to allow for Roy McFarlane and then Fiona Be within The Poetry Exchange team.

ge 1185714

eipts and payments accounts

CC16a

4/1/2022 3/31/2023 To

Restricted funds
to the nearest £
9,900
9,900
9,900
1,983
626
1,198
2,567
1,039
150
288
981
8,832
to the nearest £
Endowment
funds
Total funds
to the nearest £
9,900
5,195
1,573
2,035
18,703
18,703
3,966
1,252
1,997
3,209
2,078
150
576
1,963
15,191
Last year
to the nearest £
2,670
2,690
828
2,264
8,452
8,452
1,983 3,966 3,415
626 1,252 744
1,198 1,997 3,150
2,567 3,209 2,350
1,039 2,078 -
150 150 63
288 576 176
981 1,963 1,745
8,832 15,191 11,643
8,832 15,191 11,643
1,068 3,512 - 3,191
207 2,191 5,382
1,068 5,703 2,191

end of the period

Total cash funds

Unrestricted funds

Restricted funds

Endowment funds

to nearest £ to nearest £ to nearest £ 2,444 1,068

eceipts and payments account(s)) Unrestricted Restricted funds Endowment funds funds to nearest £ to nearest £ to nearest £ - - - Fund to which asset Current value Cost (optional) belongs (optional) - -

Fund to which asset Current value Cost (optional) belongs (optional) - - Fund to which Amount due (optional) When due (optional) liability relates -

ture

Print Name
John Prebble
Date of approval
John Prebble 30.04.2023

----- Start of picture text -----
Fiona Bennett
30.04.2023
----- End of picture text -----

22); £350 paid to trustee Fiona Bennett for artistic services to The Poetry Exchange (September 2022). A ennett to receive these payments at specific moments during 2022-23, given their unique skills and experience