## **Legacy in the Community**
(Charitable incorporated organisation)
## **Registered office:**
Legacy in the Community Office 5 Crownford House Merthyr Tydfil CF48 8EU
## **Charity number:** 1196556
**Report and Financial Statements for the Year Ended:** 30 June 2022
## **Charity number:** 1196556
## **Legacy in the Community**
The Management Team presents its directors’ report and audited financial statements for the year ended 30 June 2022.
## **Reference and Administrative Information:**
## **Operational address:**
Legacy in the Community Office 5 Crownford House Merthyr Tydfil CF48 8EU
1
## **Trustee Committee:**
**Arran Flay:** (Resigned 08 Feb 2023) **Sara Morris:** (Resigned 21 Nov 2022) **Richard Andrew:** (Resigned 21 Nov 2022) **Alex Chung: Active Karen Blake: Active**
The current recruitment process for recruiting trustees has been through recommendation and by ‘word of mouth’. Further efforts to recruit trustees will include advertising campaigns via social media etc.
## **Management Team:**
**Managing Director:**
**Gareth Marshall**
## **Admin Support provided (since Sept 22)**
**Laura Harman-Sully Lewis Wilmot**
**Auditors – Accendo Accounts Ltd.** 1st Floor, 7 Lion Street, Abergavenny, Monmouthshire, NP7 5PH
**Bankers –** NatWest Bank. Heads of the Valleys Branch, Merthyr Tydfil CF47 8BN
## **Our Aims and objectives:**
The aims and objectives of the charity are set out in the Governing document registered with and can be requested via the Charity Commission.
## **Our aims include but not limited to:**
_‘The promotion of social inclusion among people with disabilities, those with additional learning needs or who are in ill health who are socially excluded from society or parts of society: Raising public awareness, workshops, forums, advocacy and general support’._
Although, the charity **Legacy in the Community** was first registered on the 12 Nov 21 it only became ‘active’ in September 22 when it signed the contractual agreement to aspects of the Working on Wellbeing (Wales) and began receiving funding as per the agreement.
2
This is a project funded by the Welsh Government Sustainable Social Services Third Sector Grant. LitC are part of the Steering Group for this project in partnership with the UK national charity Scope.
The initial project was intended to run between April 2020 and March 2023 but in Dec 2021 the Welsh Government extended the project until March 2025.
The statement of accounts for the financial year ending 30 June 2022 are attached to this report.
**Signed:**
**Date: 28 April 2023**
**Gareth G Marshall**
**Managing Director**
**Legacy in the Community**
## **Charity number: 1196556**
3
**Legacy in the Community** Charity No **1196556** Company **CE027287** No Annual accounts for the period Period Period start date **12.11.202 To** end **30.06.202 1** date **2**
## **Section AStatement of financial activities (including summary income and expenditure account)**
|**Section AStatement of fnancial activities (including**
|**Section AStatement of fnancial activities (including**
|**Section AStatement of fnancial activities (including**
|**Section AStatement of fnancial activities (including**
|**Section AStatement of fnancial activities (including**
|**Section AStatement of fnancial activities (including**
|
|---|---|---|---|---|---|
|ote
**summary income and expenditure account)**||||||
|**Recommended categories by activity**
**Unrestrict**
**ed funds**
**£**
**Restrict**
**ed**
**income**
**funds**
**£**
**Endowme**
**nt funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**Income (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
10
-
-
10
-
Charitable activities
S02
-
-
-
-
-
Other trading activities
S03
-
-
-
-
-
Investments
S04
-
-
-
-
-
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07
10
-
-
10
-
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
-
-
-
-
-
Charitable activities
S09
-
-
-
-
-
Separate material expense item
S10
Other
S11
-
-
-
-
-
**_Total_**
S12
-
-
-
-
-
**Net income/(expenditure) before tax**
**for**
**the reporting period**
S13
10
-
-
10
-
Tax payable
S14
-
-
-
-
-
**Net income/(expenditure) after tax**
**before**
**investment gains/(losses)**
S15
10
-
-
10
-
Net gains/(losses) on investments
S16
-
-
-
-
-
**Net income/(expenditure)**
S17
10
-
-
10
-
**Extraordinary items**
S18
-
-
-
-
**Transfers between funds**
S19
-
-
-
-
-
**Other recognised gains/(losses):**
Gains and losses on revaluation of fxed assets for the
charity’s own use
S20
-
-
-
-
-
Other gains/(losses)
S21
-
-
-
-
-
**_Net movement in funds_**
S22
10
-
-
10
-
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
-
-
-
-
-
**_Total funds carried forward_**
S24
10
-
-
10
-
Guidance N||||||
||-|-|-|-|-|
||-|-|-|-|-|
||10|-|-|10|-|
|||||||
||-|-|-|-|-|
||10|-|-|10|-|
Charity Name
Charity No Company
N
o
## **Section B**
## **Balance sheet**
**Restrict Unrestrict ed Endowme Total this Total last ed funds income nt funds year year £ funds £ £ £ £**
|Guidance
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets**
**(Note 15)**
B01
-
-
-
-
-
**Tangible assets**
**(Note 14)**
B02
-
-
-
-
-
**Heritage assets**
**(Note 16)**
B03
-
-
-
-
-
**Investments**
**(Note 17)**
B04
-
-
-
-
-
**_Total fxed assets_**
B05
-
-
-
-
-
**Current assets**
**Stocks**
**(Note 18)**
B06
-
-
-
-
-
**Debtors**
**(Note 19)**
B07
-
-
-
-
-
**Investments**
**(Note 17.4)**
B08
-
-
-
-
-
**Cash at bank and in hand (Note 24)**
B09
10
-
-
10
-
**_Total current assets_**
B10
10
-
-
10
-
**Creditors:amounts falling due within**
**one year**
**(Note 20)**
B11**_Net current assets/_**
**_(liabilities)_** B12**_Total assets less_**
**_current liabilities_**B13
**Creditors:amounts falling due after**
-
-
-
1
0
-
-
-
-
10
-
-
10
-
-
10
-
-
-
-
-
-
**one year**
**(Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
-
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
300
-
-
300
-|Guidance
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets**
**(Note 15)**
B01
-
-
-
-
-
**Tangible assets**
**(Note 14)**
B02
-
-
-
-
-
**Heritage assets**
**(Note 16)**
B03
-
-
-
-
-
**Investments**
**(Note 17)**
B04
-
-
-
-
-
**_Total fxed assets_**
B05
-
-
-
-
-
**Current assets**
**Stocks**
**(Note 18)**
B06
-
-
-
-
-
**Debtors**
**(Note 19)**
B07
-
-
-
-
-
**Investments**
**(Note 17.4)**
B08
-
-
-
-
-
**Cash at bank and in hand (Note 24)**
B09
10
-
-
10
-
**_Total current assets_**
B10
10
-
-
10
-
**Creditors:amounts falling due within**
**one year**
**(Note 20)**
B11**_Net current assets/_**
**_(liabilities)_** B12**_Total assets less_**
**_current liabilities_**B13
**Creditors:amounts falling due after**
-
-
-
1
0
-
-
-
-
10
-
-
10
-
-
10
-
-
-
-
-
-
**one year**
**(Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
-
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
300
-
-
300
-|Guidance
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets**
**(Note 15)**
B01
-
-
-
-
-
**Tangible assets**
**(Note 14)**
B02
-
-
-
-
-
**Heritage assets**
**(Note 16)**
B03
-
-
-
-
-
**Investments**
**(Note 17)**
B04
-
-
-
-
-
**_Total fxed assets_**
B05
-
-
-
-
-
**Current assets**
**Stocks**
**(Note 18)**
B06
-
-
-
-
-
**Debtors**
**(Note 19)**
B07
-
-
-
-
-
**Investments**
**(Note 17.4)**
B08
-
-
-
-
-
**Cash at bank and in hand (Note 24)**
B09
10
-
-
10
-
**_Total current assets_**
B10
10
-
-
10
-
**Creditors:amounts falling due within**
**one year**
**(Note 20)**
B11**_Net current assets/_**
**_(liabilities)_** B12**_Total assets less_**
**_current liabilities_**B13
**Creditors:amounts falling due after**
-
-
-
1
0
-
-
-
-
10
-
-
10
-
-
10
-
-
-
-
-
-
**one year**
**(Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
-
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
300
-
-
300
-|Guidance
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets**
**(Note 15)**
B01
-
-
-
-
-
**Tangible assets**
**(Note 14)**
B02
-
-
-
-
-
**Heritage assets**
**(Note 16)**
B03
-
-
-
-
-
**Investments**
**(Note 17)**
B04
-
-
-
-
-
**_Total fxed assets_**
B05
-
-
-
-
-
**Current assets**
**Stocks**
**(Note 18)**
B06
-
-
-
-
-
**Debtors**
**(Note 19)**
B07
-
-
-
-
-
**Investments**
**(Note 17.4)**
B08
-
-
-
-
-
**Cash at bank and in hand (Note 24)**
B09
10
-
-
10
-
**_Total current assets_**
B10
10
-
-
10
-
**Creditors:amounts falling due within**
**one year**
**(Note 20)**
B11**_Net current assets/_**
**_(liabilities)_** B12**_Total assets less_**
**_current liabilities_**B13
**Creditors:amounts falling due after**
-
-
-
1
0
-
-
-
-
10
-
-
10
-
-
10
-
-
-
-
-
-
**one year**
**(Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
-
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
300
-
-
300
-|Guidance
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets**
**(Note 15)**
B01
-
-
-
-
-
**Tangible assets**
**(Note 14)**
B02
-
-
-
-
-
**Heritage assets**
**(Note 16)**
B03
-
-
-
-
-
**Investments**
**(Note 17)**
B04
-
-
-
-
-
**_Total fxed assets_**
B05
-
-
-
-
-
**Current assets**
**Stocks**
**(Note 18)**
B06
-
-
-
-
-
**Debtors**
**(Note 19)**
B07
-
-
-
-
-
**Investments**
**(Note 17.4)**
B08
-
-
-
-
-
**Cash at bank and in hand (Note 24)**
B09
10
-
-
10
-
**_Total current assets_**
B10
10
-
-
10
-
**Creditors:amounts falling due within**
**one year**
**(Note 20)**
B11**_Net current assets/_**
**_(liabilities)_** B12**_Total assets less_**
**_current liabilities_**B13
**Creditors:amounts falling due after**
-
-
-
1
0
-
-
-
-
10
-
-
10
-
-
10
-
-
-
-
-
-
**one year**
**(Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
-
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
300
-
-
300
-|Guidance
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets**
**(Note 15)**
B01
-
-
-
-
-
**Tangible assets**
**(Note 14)**
B02
-
-
-
-
-
**Heritage assets**
**(Note 16)**
B03
-
-
-
-
-
**Investments**
**(Note 17)**
B04
-
-
-
-
-
**_Total fxed assets_**
B05
-
-
-
-
-
**Current assets**
**Stocks**
**(Note 18)**
B06
-
-
-
-
-
**Debtors**
**(Note 19)**
B07
-
-
-
-
-
**Investments**
**(Note 17.4)**
B08
-
-
-
-
-
**Cash at bank and in hand (Note 24)**
B09
10
-
-
10
-
**_Total current assets_**
B10
10
-
-
10
-
**Creditors:amounts falling due within**
**one year**
**(Note 20)**
B11**_Net current assets/_**
**_(liabilities)_** B12**_Total assets less_**
**_current liabilities_**B13
**Creditors:amounts falling due after**
-
-
-
1
0
-
-
-
-
10
-
-
10
-
-
10
-
-
-
-
-
-
**one year**
**(Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22
-
-
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
300
-
-
300
-|
|---|---|---|---|---|---|
||-
-|||-
-
1
0
-|-|
|||-|||-|
||10||||-|
|||||||
|||||||
||10|-|-|10|-|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
## _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
**----- Start of picture text -----**
Date of
Signed by one or two trustees/directors on behalf of
Print approval
all the trustees/directors
Name dd/mm/yyy
Karen Blake 28/04/202y
328/04/2023
Date
Signature of director authenticating accounts being Signature dd/mm/yyy
sent to Companies House y
28/04/2023
Print name
**----- End of picture text -----**
**Notes to the accounts**
## **Section C**
## Note 1 **Basis of preparation**
## _**This section should be completed by all charities** ._
## **1.1Basis of accounting**
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.
The accounts have been prepared in accordance with:
- and with*
- and with*
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that _**Not applicable**_ support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a _**Not applicable**_ going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted.
> Yes* * -Tick as appropriate No*
_**Please disclose:**_
- _**(i) the nature of the change in accounting policy;**_
_**(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_
_**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.**_
## **1.4Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
> Yes* * -Tick as appropriate No*
## _**Please disclose:**_
## _**(i) the nature of any changes;**_
_**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.**_
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS102
SORP). Yes* * -Tick as appropriate No*
## _**Please disclose:**_
_**(i) the nature of the prior period error;**_
_**(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_
_**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
**Section C**
**Notes to the accounts**
**(cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
## _**Reconciliation of funds per previous GAAP to funds determined under FRS 102**_
**----- Start of picture text -----**
Start
End of
of
period
perio
d
£ £
Fund balances as
0 10
previously stated
Adjustments:
**----- End of picture text -----**
**Fund balance as restated** _**0 10**_
_**Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_
**End of Net income/(expenditure) as £ previously stated** _**10 Adjustments:**_
**Previous period net income/(expenditure)** _**10**_ **as restated**
**Section C**
**Notes to the accounts**
**(cont)**
## **Note 2 Accounting policies**
## **2.2 INCOME**
- **Recognition of** These are included in the Statement of Financial Activities (SoFA) when: **income** the charity becomes entitled to the resources; Yes* No* N/a* it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability.
## **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
## **Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.
## **Government grants**
The charity has received government grants in the reporting period
Yes* No N/a * * Yes* No N/a * * Yes* No N/a * * Yes* No N/a * *
Yes* No N/a * * Yes* No N/a * *
Donated goods are measured at fair value (the amount for which the asset **Donated** could be exchanged) unless impractical to do so. **goods**
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
**----- Start of picture text -----**
Yes* No* N/a*
**----- End of picture text -----**
Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
**----- Start of picture text -----**
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
**----- End of picture text -----**
**Donated services** Donated services and facilities are included in the SOFA when received at the **and facilities** value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. **Support costs**
**----- Start of picture text -----**
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
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The charity has incurred expenditure on support costs.
The value of any voluntary help received is not included in the accounts but **Volunteer help** is described in the trustees’ annual report.
**Income from** This is included in the accounts when receipt is probable and the amount **interest, royalties** receivable can be measured reliably. **and dividends Income from membership** Membership subscriptions received in the nature of a gift are recognised in Donations **subscriptions** and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Yes* **Settlement of** Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as **insurance claims** an item of other income in the SoFA. Yes* This includes any realised or unrealised gains or losses on the sale of **Investment gains and losses** investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
## **2.3 EXPENDITURE AND LIABILITIES**
Liabilities are recognised where it is more likely than not that there is a legal or
**Liability recognition**
**Governance and support costs**
## **Grants with** constructive obligation committing the charity to pay out resources and the **performance** amount of the obligation can be measured with reasonable certainty. **conditions**
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
**Grants payable without performance** Support costs include central functions and have been allocated to activity **conditions** cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.
Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.
## **Redundancy cost**
The charity made no redundancy payments during the reporting period.
## **Deferred income**
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade discounts
## **Creditors**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date
## **Provisions for**
The charity accounts for basic financial instruments on initial recognition as per paragraph 10 7 FRS102 SORP Subsequent measurement is as per paragraphs 11 17
## **liabilities Basic**
## **financial**
**instruments**
. . . to 11.19, FRS102 SORP.
## **2.4 ASSETS**
These are capitalised if they can be used for more than one year, and cost
**Tangible fixed assets for use by charity**
at least They are valued at cost.
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Yes* No* N/a*
Yes* No* N/a*
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Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
Yes* No* N/a*
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The depreciation rates and methods used are disclosed in note 14.
**Intangible fixed assets**
**Stocks and work in progress**
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
## **Heritage assets**
## **Debtors**
**Current asset investments**
**Investments**
The charity has intangible fixed assets, that is, nonmonetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15.
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16.
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
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Yes* No* N/a*
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
Yes* No N/a
* *
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They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments
Yes* No N/a * * Yes* No N/a * * Yes* No N/a * * Yes* No N/a * * Yes* No N/a * *
||**C**
**N**|**h**|||||||**(**|**)**||
|---|---|---|---|---|---|---|---|---|---|---|---|
|**Note 3**|**Income**||||**Restrict**|||||||
||||**Unrestrict**||**ed**||**Endowment**|||||
||**Analysis of**
**income**||**ed**
**funds**||**income**
**funds**||**funds**||**Total funds**
**£**|**Prior year**
**£**||
|**Donations**|Donations and gifts|||10||-||-|10|-||
|**and legacies:**|Gift Aid|||-||-||-|-|-||
||Legacies
General grants provided by|||-||-||-|-|-||
||government/other|||-||-||-|-|-||
||charities
Membership subscriptions and|||||||||||
||sponsorships which are in substance|||||||||||
||donations
Donated goods, facilities and services|||-
-||-
-||-
-|-
-|-||
||Other
**Total**|||-
10||-
-||-
-|-
10|-||
|**Charitable**||||-||-||-|-|-||
|**activities:**||||-||-||-|-|-||
|||||-||-||-|-|-||
||Other
**Total**|||-
-||-
-||-
-|-
-|-
-||
|**Other trading**||||||||||||
|**activities:**||||-
-||-
-||-
-|-
-|-
-||
|||||-||-||-|-|-||
||Other|||-||-||-|-|-||
||**Total**|||-||-||-|-|-||
|**Income from**|Interest income|||-||-||-|-|-||
|**investments:**|Dividend income|||-||-||-|-|-||
||Rental and leasing income|||-||-||-|-|-||
||Other|||-||-||-|-|-||
||**Total**|||-||-||-|-|-||
|**Separate**||||-||-||-|-|-||
|**material item**||||-||-||-|-|-||
|**of income**||||-||-||-|-|-||
||**Total**|||-
-||-
-||-
-|-
-|-
-||
|**Other:**|Conversion of endowment funds into|||||||||||
||income
Gain on disposal of a tangible fxed|||-||-||-|-|-||
||asset
held for charity's own use|||-||-||-|-|-||
||Gain on disposal of a programme related|||||||||||
||investment
Royalties from the exploitation of|||-||-||-|-|-||
||intellectual
property rights|||-||-||-|-|-||
||Other|||-||-||-|-|-||
|**TOTAL INCOME**||||10||-||-|10|-||
|**Other information:**||||||||||||
|**All income in the prior year was unrestricted except**||||||||||||
|**for: (please**|**provide description and amounts)**|||||||||||
|**Where any endowment fund is converted into**||||||||||||
|**income in the reporting period, please give the**||||||||||||
|**reason for the conversion.**||||||||||||
|**Where any endowment fund is converted into**||||||||||||
|**income in the prior period, please give the reason**||||||||||||
|**for the conversion.**||||||||||||
|**Within the income items above the following items**||||||||||||
|**are material: (please disclose the nature, amount**||||||||||||
|**and any prior year amounts)**||||||||||||
|**This year: Where sums originally denominated in**||||||||||||
|**foreign currency have been included in income,**||||||||||||
|**explain the basis on which those sums have been**||||||||||||
|**translated into sterling (or the currency in which**||||||||||||
|**the accounts are drawn up).**||||||||||||
|**Last year: Where sums originally denominated in**||||||||||||
|**foreign currency have been included in income,**||||||||||||
|**explain the basis on which those sums have been**||||||||||||
**translated into sterling (or the currency in which the accounts are drawn up).**
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C N h ( )
Note 6 Expenditure
This year Last year
Unrestrict Restrict Endowment Unrestrict Restrict Endowment
ed ed funds Total ed ed funds Total funds
Analysis funds income funds funds income
funds funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - - - - -
Operating membership schemes and
social - - - - - - - -
lotteries
Staging fundraising events - - - - - - - -
Fudraising agents - - - - - - - -
Operating charity shops - - - - - - - -
Operating a trading company
undertaking - - - - - - - -
non-charitable trading activity
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating
new - - - - - - - -
source of future income
Database development costs - - - - - - - -
Other trading activities - - - - - - - -
Investment management costs: - - - - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs - - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total expenditure on charitable - - - - - - - -
activities
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure - - - - - - - -
TOTAL EXPENDITURE - - - - - - - -
Other information:
Analysis of expenditure on charitable activities
This Last
year year
Activities Grant Activities Grant
Activity or programme undertak funding SupportCosts Total this undertak funding Support Costs Total last
en of en of
directly activitie year directly activitie year
s s
£ £ £ £ £ £ £ £
Activity 1 - - - - - - - -
Activity 2 - - - - - - - -
Other - - - - - - - -
Total - - - - - - - -
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**This year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
**Last year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
## **Section C**
## **Notes to the accounts**
## **Note 9 Support Costs**
## _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
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Raising Activity 1 Activity 2 Activity 3 Grand total Basis of allocation
funds
Support
cost
£ £ £ £ £ (Describe method)
(examples
)
Governance - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
- - - - -
Total
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Last year
Support cost Raising Activity Activity Activity 3 Grand Basis of allocation
(examples) funds 1 2 £ total (Describe method)
£ £ £ £
Governance - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
- - - - -
Total
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_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
## **Section C**
## **Notes to the accounts**
## **Note 10 Details of certain types of expenditure**
## **Note 10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**Note 10.1 Fees for examination of the accounts**
**_lease provide details of the amount paid for any statutory external_**
**_crutiny of accounts and other services provided by your independent_**
**_xaminer. If nothing was paid please enter '0' in the appropriate_**
|||
|---|---|---|
|**_ox(es)._**
**Independent examiner’s fees**
**Assurance services other than independent**
**examination Tax advisory fees**
**Other fees (for example: fnancial advice, consultancy, accountancy**
**services) paid to the independent examiner**
**This**
**year**
**£**
**Last**
**year**
**£**
-
-
-
-
-
-
-
-|**This**
**year**
**£**|**Last**
**year**
**£**|
||-|-|
||-|-|
||-|-|
**Section C Notes to the accounts (cont)**
## **Note 24 Cash at bank and in hand**
|**ote 24**
**Cash at bank and in hand**|||
|---|---|---|
|**Short term cash investments (less than 3 months**
**maturity date) Short term deposits**
**Cash at bank and on hand**
**Other**
**Total**|**This**
**year**
**£**|**Last**
**year**
**£**|
||-|-|
||-|-|
||10|-|
||-|-|
||10|-|
||||