Churches in Ross Community Larder
Report of the Trustees and Financial Statements
For the Year Ended 31[st] March 2023
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Churches in Ross Community Larder Contents of the Financial Statements Year Ended 31[st] March 2023
Page Contents
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3 Report of the Trustees
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4 Independent Examiner’s Report 5 Statement of Financial Activities
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6 Balance Sheet
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7 Notes to the Financial Statements
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Churches in Ross Community Larder Report of the Trustees Year Ended 31[st] March 2023
The Trustees present their report with the financial statements of the Charity for the year ended 31st March 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by the Charities issued in March 2005
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number: 1196586
Principal address: St Mary’s Hall, Church Row, Ross on Wye, HR9 5HP
Trustees
Mrs Margaret Mason Rev’d Sean Semple Rev’d Tiffany Jackson Mrs Lindsay Cole Mrs Irene Rothwell Mrs Caroline Bennett Mrs Elizabeth Annie Fisher
Independent Examiner
Mrs L Shelley, Davies Business Consultancy Ltd 63 Norfolk Road, Littlehampton, West Sussex. BN17 5HE
STRUCTURE, GOVERNANCE AND MANAGEMENT STATUS
Trustee recruitment and training Risk Management
OBJECTIVES AND ACTIVITIES
Objectives and aims Public Benefit Volunteer recruitment and training
ACHIEVEMENT AND PERFORMANCE
Achievements and Performance Long term investments plans
FINANCIAL REVIEW
Dissolution of the Charity Summary and Reserves policy The Charity has no earned income, all receipts are donations, Total receipts of funds were £27,945
The net result for the year was an excess of resources expended of £9,792 (2022 £3,646)
Approved by order of the board of Trustees on 17 05 2023 and signed on its behalf by
Mrs Margaret Mason Chairman and Trustee
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Independent Accountant’s Report to the Trustees of Churches in Ross Community Larder Year Ended 31[st] March 2023
We report on the accounts for the year ended 31[st] March 2023 which comprise Profit and Loss Account and Balance Sheet.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is our responsibility to:
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Examine the accounts under Section 145 of the 2011 Act
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To follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
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To state whether particular matters have come to my attention.
Basis of the independent examiner’s report
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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To keep accounting records in accordance with Section 130 of the 2011 Act; and
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To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
Have not been met; or
(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Lesley Shelley ACMA
Davies Business Consultancy Ltd 63 Norfolk Road Littlehampton West Sussex BN17 5HE
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Churches in Ross Community Larder Statement of Financial Activities Year Ended 31[st] March 2023
| Notes | 2022/23 | 2021/22 |
|---|---|---|
| INCOMING RESOURCES | ||
| Voluntary income 2 | £27,945 | £16,777 |
| Other income 3 | ||
| Total incoming resources | £27,945 | £16,777 |
| RESOURCES EXPENDED | ||
| Food Costs | £12,143 | £6,992 |
| Support Initiatives | £0 | £0 |
| Acts 435 | £2,160 | £1,590 |
| Electricity and Rent | £1,510 | £1,300 |
| Phone Costs | £144 | £134 |
| Cleaning costs | £360 | £290 |
| Miscellaneous costs | £1,836 | £2,825 |
| Total resources expended | £18,153 | £13,131 |
| NET INCOMING/(OUTGOING) RESOURCES | £9,792 | £3,646 |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | £14,178 | £10,532 |
| TOTAL FUNDS CARRIED FORWARD | £23,970 | £14,178 |
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Churches in Ross Community Larder Balance Sheet Year Ended 31[st] March 2023
| Notes | |||
|---|---|---|---|
| 2022/23 | 2021/22 | ||
| FIXED ASSETS | |||
| Tangible assets | 4 | £0 | £0 |
| CURRENT ASSETS | |||
| Debtors | 5 | £0 | £0 |
| Cash at bank | £23,970 | £14,178 | |
| CREDITORS | |||
| Amounts falling due within one year | £0 | £0 | |
| NET CURRENT ASSETS | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | £23,970 | £14,178 | |
| NET ASSETS | £23,970 | £14,178 | |
| FUNDS | |||
| Unrestricted funds | £23,970 | £14,178 | |
| TOTAL FUNDS | £23,970 | £14,178 |
The financial statements were approved by the Board of Trustees on 17 May 2023 and were signed on its behalf by:
Mrs Margaret Mason - Trustee
Mrs Elizabeth Fisher - Trustee
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Churches in Ross Community Larder Notes to the Financial Statements Year Ended 31[st] March 2023
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
There were no fixed assets in the period of accounts, so no depreciation policy needed.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
| 2. | VOLUNTARY INCOME | 2022/23 | 2021/22 |
|---|---|---|---|
| Donations | £27,945 | £16,777 | |
| Donated services and facilities | £0 | £0 | |
| Total | £27,945 | £16,777 | |
| 3. | INVESTMENT INCOME | 2022/23 | 2021/22 |
| Deposit account interest | £0 | £0 |
- TANGIBLE FIXED ASSETS
There were no fixed assets for the period of accounts.
- DEBTORS
There were no debtors in the period of accounts.
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