Churches in Ross Community Larder
Report of the Trustees and Financial Statements
For the Year Ended 31[st] March 2024
Churches in Ross Community Larder Contents of the Financial Statements Year Ended 31[st] March 2024
| Page | Contents |
|---|---|
| 3-4 | Report of the Trustees |
| 5 | Independent Examiner’s Report |
| 6 | Statement of Financial Ac@vi@es |
| 7 | Balance Sheet |
| 8-9 | Notes to the Financial Statements |
Churches in Ross Community Larder Report of the Trustees Year Ended 31[st] March 2024
The Trustees present their report with the financial statements of the Charity for the year ended 31st March 2024. 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 Mrs Lindsay Cole Mrs Annie Fisher Mrs Irene Rothwell Very Rev John Davies Mrs Caroline Bennett Rev Sean Semple
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
Summary and Reserves policy
The Charity has no earned income, all receipts are donations.
Total receipts of funds were £18060 (2023 £27945)
The net result for the year was an excess of resources expended of (-£6056) (2023 £9792)
Reserves Policy
Dissolution of the Charity
Approved by order of the board of Trustees on 22nd May 2024 and signed on its behalf by
Chairman and Trustee
Independent Accountant’s Report to the Trustees of Churches in Ross Community Larder Year Ended 31[st] March 2024
We report on the accounts for the year ended 31[st] March 2024 which comprise Profit and Loss Account and Balance Sheet.
RespecFve responsibiliFes of trustees and examiner
The charity’s trustees are responsible for the prepara@on of the accounts. The charity’s trustees consider that an audit is not required for this year (under Sec@on 144(2) of the Chari@es Act 2011 (the 2011 Act)) and that an independent examina@on is required.
It is our responsibility to:
-
Examine the accounts under Sec@on 145 of the 2011 Act
-
To follow the procedures laid down in the General Direc@ons given by the Charity Commission (under Sec@on 145(5)(b) of the 2011 Act); and
-
To state whether par@cular ma\ers have come to my a\en@on.
Basis of the independent examiner’s report
Our examina@on was carried out in accordance with the General Direc@ons given by the Charity Commission. An examina@on includes a review of the accoun@ng records kept by the charity and a comparison of the accounts presented with those records. It also includes considera@on of any unusual items or disclosures in the accounts, and seeking explana@ons from you as trustees concerning any such ma\ers. 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 ma\ers set out in the statements below.
Independent examiner’s statement
In connec@on with my examina@on, no ma\er has come to my a\en@on:
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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To keep accoun@ng records in accordance with Sec@on 130 of the 2011 Act; and
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To prepare accounts which accord with the accoun@ng records and to comply with the accoun@ng requirements of the 2011 Act
Have not been met; or
(2) to which, in our opinion, a\en@on 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 Li\lehampton West Sussex BN17 5HE
Churches in Ross Community Larder Statement of Financial AcFviFes Year Ended 31[st] March 2024
| Notes | 2023/24 | 2023/24 | 2022/23 | |
|---|---|---|---|---|
| INCOMING RESOURCES | ||||
| Voluntary income | 2 | 17733 | 27945 | |
| Other income | 3 | |||
| Total incoming resources | 17733 | 27945 | ||
| RESOURCES EXPENDED | ||||
| Food Costs | 18781 | 12143 | ||
| Support Inita@ves | 650 | 0 | ||
| Acts 435 | 690 | 2160 | ||
| Electricity and Rent | 1350 | 1510 | ||
| Phone Costs | 164 | 144 | ||
| Cleaning costs | 270 | 360 | ||
| Miscellaneous costs | 1883 | 1836 | ||
| Total resources expended | 23788 | 18153 | ||
| NET INCOMING/(OUTGOING) RESOURCEs | (6055) | 9792 |
||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 23970 | 14178 |
||
| TOTAL FUNDS CARRIED | FORWARD | 17915 | 23970 |
Churches in Ross Community Larder Balance Sheet Year Ended 31[st] March 2024
| Notes | 2023/24 | 2022/23 | |
|---|---|---|---|
| FIXED ASSETS | |||
| Tangible assets 6 | 0 | 0 | |
| CURRENT ASSETS | |||
| Debtors 7 | |||
| Cash at bank | 17915 | 23970 | |
| CREDITORS | |||
| Amounts falling due within one year | 0 | 0 | |
| NET CURRENT ASSETS | |||
| TOTAL ASSETS | LESS CURRENT LIABILITIES | 17915 | 23970 |
| NET ASSETS | 17915 | 23970 | |
| FUNDS | |||
| Unrestricted funds | 17915 | 23970 | |
| TOTAL FUNDS | 17915 | 23970 |
The financial statements were approved by the Board of Trustees on 22 May 2024 and were
signed on its behalf by:
Margaret Mason - Trustee
Annie Fisher - Trustee
Churches in Ross Community Larder Notes to the Financial Statements
Year Ended 31[st] March 2024
1. ACCOUNTING POLICIES
AccounFng convenFon
The financial statements have been prepared under the historical cost conven@on, and in accordance with the Financial Repor@ng Standard for Smaller En@@es (effec@ve April 2008), the Chari@es Act 2011 and the requirements of the Statement of Recommended Prac@ce, Accoun@ng and Repor@ng by Chari@es.
Incoming resources
All incoming resources are included on the Statement of Financial Ac@vi@es when the charity is legally en@tled to the income and the amount can be quan@fied with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly a\ributed to par@cular headings they have been allocated to ac@vi@es on a basis consistent with the use of resources.
Tangible fixed assets
There were no fixed assets in the period of accounts so no deprecia@on policy needed.
TaxaFon
The charity is exempt from tax on its charitable ac@vi@es
Fund accounFng
Unrestricted funds can be used in accordance with the charitable objec@ves at the discre@on of the trustees
2. VOLUNTARY INCOME
| 2023/24 | 2022/23 | ||
|---|---|---|---|
| £ | £ | ||
| Dona@ons | 17,733 | 27,945 | |
| Donated services and facili@es | |||
| Total | 17,733 | 27,945 | |
| 3. | INVESTMENT INCOME | ||
| 2023/24 | 2022/23 | ||
| £ | £ | ||
| Deposit account interest | 0 | 0 |
6. TANGIBLE FIXED ASSETS
There were no fixed assets for the period of accounts.
- DEBTORS
There were no debtors in the period of accounts.