| CONTENTS | PAGE | |||
|---|---|---|---|---|
| Trustees' annual report |
1-2 | |||
| Independent | examiner's | report | 3-4 | |
| Statement of | financial | activities | 5-6 | |
| Balance sheet | ||||
| Notes to the accounts | 8-11 |
| Statement of Financial Ac | tivities | ||||||
|---|---|---|---|---|---|---|---|
| As at 31December 2023 | |||||||
| Contribution from Bar |
2023 | 2022 | |||||
| Note | f | f | |||||
| Sales | 14,984 | 10,736 | |||||
| Less: Purchases | (6,254) | (4,886) | |||||
| Wages | (1,693) | (1,369) | |||||
| 7,037 | 4,481 | ||||||
| Contribution from Caterin |
|||||||
| Sales | 40,293 | 27,966 | |||||
| Less: Purchases | (32,031) | (17,119) | |||||
| Wages | (5,583) | (5,377) | |||||
| 2,679 | 5,470 | ||||||
| Contribution from Rental |
of Flat | ||||||
| Rents received | 7,800 | 2,000 | |||||
| Less: Agent costs | (749) | (367) | |||||
| 7,051 | 1,633 | ||||||
| Other incomin resources |
|||||||
| Subscriptions from Lodges |
16,117 | 14,096 | |||||
| Faraday House Functions | Limited | —Gift Aid | 11,852 | 3,398 | |||
| Room and facilities hire | 5,700 | 10,800 | |||||
| 200 Club | 800 | 915 | |||||
| Interest received | 367 | 41 | |||||
| Grants received | 3,800 | ||||||
| Donations | 500 | ||||||
| Investment income received |
147 | ||||||
| Water income received from flat | tenant | 240 | 60 | ||||
| 35,723 | 33,110 | ||||||
| Totallncoming Resources |
52,490 | 44,694 | |||||
| Resources ex ended | |||||||
| Stewards wages | 20,491 | 20,999 | |||||
| Stewards pension |
266 | ||||||
| Rates | 1,088 | 879 | |||||
| Water | 1,079 | 928 | |||||
| Insurance | 3,056 | 2,739 | |||||
| Equipment maintenance |
1,735 | 1,388 | |||||
| Repairs | 2,118 | 3,284 | |||||
| Gas and electricity | 4,318 | 4,858 | |||||
| Merchant card charges |
338 | 212 | |||||
| Cleaning materials |
415 | 453 | |||||
| Waste disposal | 1,040 | 953 | |||||
| Window Cleaning |
280 | 80 | |||||
| Licences | 603 | 201 | |||||
| Telephone and computer |
charges | 585 | 321 | ||||
| Payroll support | 837 | 722 | |||||
| Mileage | 79 | ||||||
| Name boards updates | 180 | 100 | |||||
| (38,163) | (38,462) | ||||||
| Surplus c/f | 14,327 | 6,232 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | ||||||||
| Surplus b/f |
14,327 | 6,232 | ||||||
| Governance | costs and Donations | |||||||
| Printing stationery and advertising |
36 | 148 | ||||||
| Independent | examination | 780 | 780 | |||||
| Accounts charge | 600 | 600 | ||||||
| Professional | fees | 178 | ||||||
| Donations | 1,000 | 1,000 | ||||||
| (2,416) | (2,706) | |||||||
| Net Surplus | before Depreciation | 11,911 | 3,526 | |||||
| Depreciation | —furniture | and equipment | (1,688) | (1,688) | ||||
| Movement | in investment | 1,263 | ||||||
| Redecoration | offlat | 7,354 | ||||||
| Replacement | glasswasher | for bar | 1,165 | |||||
| Replacement | dishwasher | 2,045 | ||||||
| New door and lintel | 1,165 | |||||||
| Slate and Gutter repairs | 3,960 | |||||||
| (7,170) | (8,519) | |||||||
| Net incoming/(outgoing) | resources | 4,316 | (6,681) | |||||
| Total Funds | Brought Forward | 474,608 | 481,289 | |||||
| Total Funds | Carried Forward | 478,924 | 474,608 |
| As at 31 | December 20 | 23 | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Note | f | ||||||
| Fixed assets | |||||||
| Property | 421,602 | 421,602 | |||||
| Furniture | and equipment | 6,903 | 8,591 | ||||
| Investments | 21,263 | ||||||
| 449,768 | 430,193 | ||||||
| Current | assets | ||||||
| Stock | 3,159 | 2,000 | |||||
| Debtors | and prepayments | 7 | 4,651 | 5,748 | |||
| Deposit | account | 14,433 | 34,162 | ||||
| Current | account | 3,519 | 1,078 | ||||
| Card bearing account | 250 | ||||||
| Premium | account | 6,748 | 5,394 | ||||
| SumUp account | 1,027 | 35 | |||||
| Cash in hand | 1,796 | 776 | |||||
| 200 Club | account | 1,849 | 1,659 | ||||
| 37,182 | 51,102 | ||||||
| Current | liabilities | ||||||
| Creditors | Creditors | and accruals | 7,100 | 6,383 | |||
| Pension | 41 | 28 | |||||
| PAYE & Nationallnsurance | 369 | 116 | |||||
| Credit | card | 516 | 160 | ||||
| 8 | 8,026 | 6,687 | |||||
| Net current assets | 29,156 | 44,415 | |||||
| Net assets | 478,924 | 474,608 | |||||
| Re resented b |
|||||||
| General | Unrestricted | Fund | 471,846 | 468,945 | |||
| Restricted Fabric Fund |
7,078 | 5,663 | |||||
| 478,924 | 474,608 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Independent | Examiner's fees for reporting | on the Accounts | f780 | f780 | |
| Paid em | lo | ees | |||
| 2023 | 2022 | ||||
| f | f | ||||
| Bar | 1,693 | 1,369 | |||
| Catering | 5,583 | 5,377 | |||
| Stewards | 20,491 | 20,999 | |||
| f27,767 | f27,745 |
| General | Restricted Fabric | |
|---|---|---|
| Unrestricted Fund |
Fund | |
| Balance at 1January 2023 | 468,945 | 5,663 |
| 200 Club 2022 surplus | (915) | 915 |
| 2023 surplus | 3,816 | |
| Donation to Fabric Fund | 500 | |
| Balance at 31December 2023 | 471,846 | 7,078 |
| Fixed assets | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Freehold | Fi t | d | ~dt | COIF | ||||||||||
| ~ro ert | F | it | ~ti | t | t | t | t | Total | ||||||
| Cost | f | f | f | F. | ||||||||||
| Balance at 1January 2023 | 421,602 | 104,795 | 960 | 527,357 | ||||||||||
| Additions | 20,000 | 20,000 | ||||||||||||
| Balance at 31 | December | 2023 | f | 421,602 | f | 104,795 | f | 960 | f | 20,000 | f | 547,357 | ||
| ~oi ti | ||||||||||||||
| Balance at 1January 2023 | 96,204 | 960 | 97,164 | |||||||||||
| Charge for the | year | 1,688 | 1,688 | |||||||||||
| Balance at 31 | December | 2023 | f | 97,892 | f | 960 | f | f | 98,852 | |||||
| Movement in |
Investment | 1,263 | ||||||||||||
| Net book value | ||||||||||||||
| Balance at 31 | December | 2023 | f | 421,602 | f | 6,903 | f | f | 21,263 | f | 448,505 | |||
| Balance at 1January 2023 | f | 421,602 | f | 8,591 | f | f | 430,193 | |||||||
| Debtors and | re a ments | |||||||||||||
| 2023 | 2022 | |||||||||||||
| f | ||||||||||||||
| P repayments | 1,158 | 1,671 | ||||||||||||
| Other debtors | ||||||||||||||
| Flat Tenant | 60 | |||||||||||||
| Faraday House | Functions | Limited | 3,493 | 4,017 | ||||||||||
| f | 4651 | f | 5748 |
| Creditors and ac | cruals | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| f | f | ||||
| Trade creditors | 2,398 | 590 | |||
| Accruals | 3,737 | 5,018 | |||
| Pension | 41 | 28 | |||
| PAYE gt National | Insurance | 369 | 116 | ||
| Credit card | 516 | 160 | |||
| Enhanced 200 club prizes | 965 | 775 | |||
| f | 8,026 | f | 6,687 |