| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe company, | its trustees | and advisers | |
| Trustees' report |
2-7 | |||
| Independent examiner's report |
||||
| Statement offinancial activities | ||||
| Balance sheet | 10-11 | |||
| Notes to the financial statements | 12-33 |
| Trustees | M G Phillips, Vice | Chair (deceased 28 April 2023) | |
|---|---|---|---|
| C M T M Northey, | Treasurer | ||
| E Phillips, Chair |
|||
| BWhitworrh | |||
| C Maddison | |||
| J Day | |||
| D A Simpson | |||
| Company | registered | ||
| number | 12323109 | ||
| Charity registered | |||
| number | 1187584 | ||
| Registered | office | Sherwood Drive |
|
| New Ollerton | |||
| Nottinghamshire | |||
| NG22 9PP | |||
| Chief executive officer | E Phillips | ||
| Accountant | Jonathan Wilson |
||
| Chartered Accountant |
|||
| Cromwell House |
|||
| 68West Gate | |||
| Mansfield | |||
| Nottinghamshire | |||
| NG18 1RR | |||
| Bankers | The Co-operative P0 Box250 |
Bank PLC | |
| Skelmerdale | |||
| WN8 6WWT | |||
| NatWest Bank PLC | |||
| Bede House | |||
| 11Western Boulevard |
|||
| Leicester | |||
| LE2 7EJ |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2023f | 2023 f. |
2023 f. |
2022 | ||
| Income from: | ||||||
| Donations and legacies |
63,946 | 8,000 | 71,946 | 75,523 | ||
| Charitable activities |
5,072 | 31,464 | 36,536 | 35,089 | ||
| Other trading activities |
93,918 | 93,918 | 99,238 | |||
| Investments | 101 | 101 | 9 | |||
| Total income | 163,037 | 39,464 | 202,501 | 209,859 | ||
| Expenditure on: |
||||||
| Raising funds | 35,853 | 35,853 | 33,855 | |||
| Charitable activities |
138,050 | 34,942 | 172,992 | 169,089 | ||
| Total expenditure | 173,903 | 34,942 | 208,845 | 202,944 | ||
| Net movement in funds |
(10,866) | 4,522 | (6,344) | 6,915 | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 738,770 | 25,293 | 764,063 | 757,148 | |
| Net movement in funds |
(10,866) | 4,522 | (6,344) | 6,915 | ||
| Total funds carried forward | 727,904 | 29,815 | 757,719 | 764,063 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | f. | |||||
| Fixed assets | ||||||
| Tangible assets | 12 | 686,480 | 704,371 | |||
| Investments | 13 | 1 | 1 | |||
| 686,481 | 704,372 | |||||
| Current assets | ||||||
| Stocks | 14 | 300 | 1,000 | |||
| Debtors | 15 | 4,978 | 4,415 | |||
| Cash at bank and | in hand | 175,310 | 171,952 | |||
| 180,588 | 177,367 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 16 | (7,746) | (14,973) | |||
| Net current assets | 172,842 | 162,394 | ||||
| Creditors: amounts | falling due after more | |||||
| than one year | 17 | (101,604) | (102,703) | |||
| Total net assets | 757,719 | 764,063 | ||||
| Charity funds | ||||||
| Restricted funds |
19 | 29,815 | 25,293 | |||
| Unrestricted funds |
19 | 727,904 | 738,770 | |||
| Total funds | 757,719 | 764,063 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| Donations | |||||
| Offerings | 53,508 | 53,508 | 43,668 | ||
| Ghana donations | 200 | 200 | 600 | ||
| Gift Aid | 7,515 | 7,515 | 18,635 | ||
| Special offerings | 2,723 | 2,723 | 1,075 | ||
| Grants | |||||
| CJRS income | 4,875 | ||||
| Newark and Sherwood | - Restart Grant | 6,670 | |||
| Capital project - Town | Hall | 8,000 | 8,000 | ||
| 63,946 | 8,000 | 71,946 | 75,523 | ||
| Total 2022 | 75,523 | 75,523 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| f. | f. | f. | |||
| CARincome | 31,464 | 31,464 | 21,191 | ||
| Church activities | 3,614 | 3,614 | 2,970 | ||
| Church events | 5 | ||||
| Other church income | 389 | 389 | 6,070 | ||
| Miscellaneous | church income | 127 | |||
| Solar panels income | 993 | 993 | 829 | ||
| Chetwode Foundation |
3,500 | ||||
| Sundry income | 76 | 76 | 397 | ||
| 5,072 | 31,464 | 36,536 | 35,089 | ||
| Total 2022 | 10,398 | 24,691 | 35,089 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2023 | 2023 | 2022 | |||
| Turnaround | charity shops | 59,034 | 59,034 | 63,043 | |
| Room hire | and associated | income | 29,620 | 29,620 | 32,795 |
| Fundraising | 5,264 | 5,264 | 3,400 | ||
| 93,918 | 93,918 | 99,238 | |||
| Total 2022 | 99,238 | 99,238 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| f. | f. | |||
| Investment | income - local cash | 101 | 101 | |
| Total 2022 |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2023 | 2023 | 2022 | |||||
| f. | f. | ||||||
| Premises | and | maintenance | costs | 33,051 | 33,051 | 30,092 | |
| Operational | costs | 2,575 | 2,575 | 3,013 | |||
| Administration | costs | 227 | 227 | 750 | |||
| 35,853 | 35,853 | 33,855 | |||||
| Total 2022 | 33,855 | 33,855 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||
| directly | costs | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| Direct | costs | 165,105 | 7,887 | 172,992 | 169,089 |
| Total | 2022 | 162,059 | 7,030 | 169,089 |
| Total | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2023 | 2022 | ||||
| Staff costs | 54,797 | 46,148 | |||
| Depreciation | 17,891 | 17,891 | |||
| CAR expenses | 32,445 | 40,963 | |||
| Active Partners | expenses | 816 | |||
| Premises and maintenance |
costs | 21,267 | 24,344 | ||
| Overseas and |
other support | costs | 11,151 | 12,723 | |
| Activity costs | 8,289 | 5,482 | |||
| Affiliation costs | 3,569 | 3,521 | |||
| Administration | costs | 6,993 | 6,243 | ||
| Training costs | 2,545 | 1,383 | |||
| Other expenditure | 2,451 | 1,330 | |||
| Chetwode Foundation |
costs | 735 | |||
| Promotional materials |
1,210 | 480 | |||
| Capital project | feasibility fees | 2,497 | |||
| 165,105 | 162,059 |
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | |||||||
| 2023 | 2022 | |||||||
| Independent | examiner fees | 1,650 | 1,880 | |||||
| Legal fees | 855 | |||||||
| Morgage interest |
6,092 | 3,973 | ||||||
| Website costs | 145 | 322 | ||||||
| 7,887 | 7,030 | |||||||
| Independent | examiner's | remuneration | ||||||
| 2023 | 2022 | |||||||
| Fees payable | to the company's | independent | examiner | for the independent | ||||
| examination | ofthe company's | annual | accounts | 1,500 | 1,500 | |||
| Fees payable | to the company's | independent | examiner | in respect of: | ||||
| All other services not included | above | 300 | 300 |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Wages and | salaries | 50,001 | 45,155 | ||
| Social security costs | 3,587 | ||||
| Contribution | to defined | contribution | pension schemes | 1,209 | 993 |
| 54,797 | 46,148 |
| 2023 | 2022 |
|---|---|
| No. | No. |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| M | G Phillips | Remuneration | 9,294 | 12,067 | |
| E | Phillips | Remuneration | 32,721 | 22,738 | |
| Pension contributions | paid | 981 | 682 | ||
| C | M T M Northey | Remuneration | 7,593 | 9,307 | |
| Pension contributions | paid | 228 | 279 |
| Freehold | Fixtures and | ||
|---|---|---|---|
| property | fittings | Total | |
| Cost or valuation | |||
| At 1 April 2022 | 713,933 | 17,807 | 731,740 |
| At 31 March 2023 | 713,933 | 17,807 | 731,740 |
| Depreciation | |||
| At 1 April 2022 | 22,608 | 4,761 | 27,369 |
| Charge for the year | 14,279 | 3,612 | 17,891 |
| At 31 March 2023 | 36,887 | 8,373 | 45,260 |
| Net book value | |||
| At 31 March 2023 | 677,046 | 9,434 | 686,480 |
| At 31 March 2022 | 691,325 | 13,046 | 704,371 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Finished | goods | and | goods | for | resale | 300 | 1,000 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f. | ||||
| Due within one | year | |||
| Trade debtors | 200 | |||
| Concessionary | loans | 1,740 | 1,740 | |
| Other debtors | 150 | 65 | ||
| Prepayments | and accrued income | 500 | ||
| Tax recoverable | 2,888 | 2,110 | ||
| 4,978 | 4,415 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Bank loans | 1,780 | 2,461 | |||
| Trade creditors | 1 231 | 1,731 | |||
| Other taxation and | social | security | 840 | 573 | |
| Other creditors | 269 | 264 | |||
| Accruals and deferred | income | 3,626 | 9,944 | ||
| 7,746 | 14,973 | ||||
| 2023f | 2022 | ||||
| Deferred income at |
1 | April | 2022 | 6,300 | |
| Resources deferred | during | the year | (6,300) | 6,300 | |
| 6,300 |
| 2023 | 2022 | ||
|---|---|---|---|
| Bank loans | 101,604 | 102,703 | |
| Included within the above are amounts |
falling due as follows: | ||
| 2023 | 2022 | ||
| f. | |||
| Between one and two years | |||
| Bank loans | 1,780 | 2,461 | |
| Between two and five years | |||
| Bank loans | 5,340 | 7,383 | |
| Over five years | |||
| Bank loans | 94,484 | 92,859 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Payable | or | repayable | by | instalments | 94,484 | 92,859 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Financial | assets | |||||||
| Financial assets measured | at fair | value through | income | and expenditure | 175,510 | 171,952 | ||
| 2023 | 2022 | |||||||
| f. | ||||||||
| Financial | liabilities | |||||||
| Other financial liabilities |
measured | at fair value | through | income and | ||||
| expenditure | 107,915 | 110,194 |
| Statement of | fund | s - current | year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | Transfers | 31 March | |||||
| April 2022 | Income | Expenditure | in/out | 2023 | |||
| Unrestricted | funds | ||||||
| Designated funds |
|||||||
| Freehold Property |
Fund | 586,161 | (12,499) | 573,662 | |||
| Ladies Ministry | 109 | 87 | 196 | ||||
| Boys Brigade | 705 | (705) | |||||
| Warsop Youth | and | Children | 188 | (188) | |||
| Vision | 7,039 | 2,558 | 9,597 | ||||
| Freedom Cafe -Warsop | 200 | (200) | |||||
| Weddings and |
Party Money | 1,314 | (1,314) | ||||
| Memory Cafe | 5,493 | (2,786) | 2,707 | ||||
| Make Lunch CAR | 494 | (494) | |||||
| Oasis Hub | 5,779 | (5,779) | |||||
| 607,482 | (21,320) | 586,162 | |||||
| General funds | |||||||
| General Fund |
131,288 | 163,037 | (173,903) | 21,320 | 141,742 | ||
| Total Unrestricted | funds | 738,770 | 163,037 | (173,903) | 727,904 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | 31 March | |||||
| April 2022 | Income | Expenditure | in/out | 2023 | |||
| Restricted | funds | ||||||
| CAR project | 18,944 | 31,464 | (32,445) | 17,963 | |||
| Active Partners | project | 3,584 | 3,584 | ||||
| Chetwode | Foundation | 2,765 | (2,765) | ||||
| Town Hall | project | 8,000 | (2,497) | 2,765 | 8,268 | ||
| 25,293 | 39,464 | (34,942) | 29,815 | ||||
| Total offunds | 764,063 | 202,501 | (208,845) | 757,719 |
| Statement offund | s | - prior yea | r | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | Transfers | 31 March | |||||
| 1 April 2021 | Income | Expenditure | in/out | 2022 | |||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| Freehold Property |
Fund | 597,979 | (11,818) | 586,161 | |||
| Warsop contribution | to wages | 1,515 | (1,515) | ||||
| Ladies Ministry | 229 | (120) | 109 | ||||
| Boys Brigade | 955 | (250) | 705 | ||||
| Community Fund CAR |
272 | (272) | |||||
| Warsop Hampers | 20 | (20) | |||||
| Denise Morgan Fund |
50 | (50) | |||||
| Warsop Make Lunch | CAR | 360 | (360) | ||||
| Warsop Youth and | Children | 397 | (209) | 188 | |||
| Vision | 6,951 | 88 | 7,039 | ||||
| Freedom Cafe -Warsop | 200 | 200 | |||||
| Weddings and Party |
Money | 2,312 | (998) | 1,314 | |||
| Memory Cafe | 712 | 4,781 | 5,493 | ||||
| Make Lunch CAR | 800 | (306) | 494 | ||||
| Oasis Hub | 1,683 | 4,096 | 5,779 | ||||
| 614,435 | (6,953) | 607,482 | |||||
| General funds | |||||||
| General Fund |
76,013 | 185,168 | (160,430) | 30,537 | 131,288 | ||
| Total Unrestricted | funds | 690,448 | 185,168 | (160,430) | 23,584 | 738,770 | |
| Restricted funds | |||||||
| CAR project | 62,300 | 21,191 | (40,963) | (23,584) | 18,944 | ||
| Active Partners project |
4,400 | (816) | 3,584 | ||||
| Chetwode Foundation |
3,500 | (735) | 2,765 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at | Transfers | 31 March | |||||
| 1 | April 2021 | Income | Expenditure | in/out | 2022 | ||
| 66,700 | 24,691 | (42,514) | (23,584) | 25,293 | |||
| Total | offunds | 757,148 | 209,859 | (202,944) | 764,063 |
| Analysis Analysis |
of net assets between funds ofnet assets between funds - current year |
|||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | ||
| Tangible | fixed assets | 686,480 | 686,480 | |
| Fixed asset investments | 1 | 1 | ||
| Current | assets | 150,773 | 29,815 | 180,588 |
| Creditors | due within one year | (7,746) | (7,746) | |
| Creditors | due in more than one year | (101,604) | (101,604) | |
| 727,904 | 29,815 | 757,719 | ||
| Analysis | ofnet assets between funds - prior year | |||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| Tangible | fixed assets | 704,371 | 704,371 | |
| Fixed asset investments | 1 | 1 | ||
| Current | assets | 152,074 | 25,293 | 177,367 |
| Creditors | due within one year | (14,973) | (14,973) | |
| Creditors | due in more than one year | (102,703) | (102,703) | |
| 738,770 | 25,293 | 764,063 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Not later than | 1 year | 15,600 | 23,229 | |
| Later than | 1 year and not later than 5 years | 28,170 | 5,885 | |
| 43,770 | 29,114 |
| Name | Income | Expenditure | Profit/(Loss) | Net assets | |||
|---|---|---|---|---|---|---|---|
| ISurplus/ (Deficit) for |
|||||||
| the year | |||||||
| Oasis | Cafe | Ollerton | Limited | 69,940 | 56,696 | 13,244 | 13,245 |