OpenCharities

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2023-05-31-accounts

TRUSTEESI Themembersof theBoardduringthe
appointedinaccordancewlth
IncorporatedOrganisationregistra
wereasfollows:-
l-Carter
P.E, Collard
L. H.Fisher
B.V,F. Hossack
R.A. Jump
D.J.Taylor
C.A, Tichias
S. Tong
SECRETARYTO
THE TRUSTEES: P. E. Collard
1AHullRoad
Cottingham
HU164PA
OFFICEOFTHE TRUST; c/oC.A.Tichias,F.C.A.
Honorary Treasurer,
22 TheWolds
Cottingham
l.lu16sLF
INDEPENDENTEXAMINER: YorkshireAccountancY
123 Hallgate
Cottingham
HU15 4DA
BANKERS: HSBC
REGISTRATTON; TheTrustis constitutedasa Charitable
IncorporatedOrganisationandis
RegisteredwiththeCharityCommission
Registration Number 1197418

FOR THE PERIODENDED 313tMAY2023
OBIECTIVES: To maintain a buildingtobe used asasocialcentreforthe
well-beingofpeopleresiding in Cottingham and distrlctand
othercharitablepurpose$as'shallfrom time to timebe
agreedupon.
ACTIVITIESAND
ACHIEVEMENTS: Duringtheabove periodtheTrusthaspursuedthe
objectivessetoutlntheCharitableIrrcorporated
Organisation registratlon documents,
Income wasf36,456.Expenditure wasf37,01.5with
theresulttherewasadeficit ofE 559.
PROPERTYDISCLOSURE: TheOrganisationownsthefreehold landandbuildings
situatedinFinkleStreet,Cottinghamandshowninthe
accountsatthe original costof854A3;9
The trustees areof theopinionthatthemarket valueof
such landandbuildingsisconslderahlyinexcessofits
book value but donotfeelthatany usefulpurposewould
beservedinhavingaprofessionalvaluationundertaken
with theattendantco$ts.The buildingishowevervalued
alC.L,44L,286forinsurance renewalpurposes,
FINANCES: TheCIO hasadequate flnancialresourcestomeetitsday
todaye.xpenditureand followsthepracticeoffinancial
prudence.
RESERVES: The CIOhasadoptedapolicyofcaution towards its
finances andreserves.Accordingly,theydonotusefunds
unnecessarily, Howevercertainimprovementstothe
building havebeencarriedoutintheperlod reportedonln
order toensurethatitcontinuestobeattractivetopeople
wishingtorentit,The levelofreservesismaintainedat
thestated leveltoensurethatfuturernaintenanceand
costs canbeadequately cateredfor.
RTSKS; TheCIOisnot,asfarasitis aware,exposedto anyrisks
other thanthose which are covered byinsurance.
ACCOUNTS Theaccountscomplywithstatutoryrequirements,the
governing document andtheSORP (SORP27).

f,, €,
EmploymentofCopifol
FreeholdLandond Buildings 54,439
FixturesondFitfings ?,2?5
AdditionsotCost 159
Less:$gpreciotion ?39 2,145
56,584
Current Assets
HSBCBankplc 3,340
YorkshireBuildingSociety 51,6L6
BeverleyBuildingSociefy 51.000
rc6,046
Net CurrentAssets 146,046
t62,630
CapitolEmployed
AccumulatedFund -
AsonlstOctabarZ0?2 163,189
Deficitforthisperiod 559 162,634
162,630

^c
L
€,
Rents Received
R.V,S.- Offlce 1,050
BridgeClub e,530
CotfinghornLiftleTheotre 3,216
Dance Closses 4p62
Embroidery 1,070
RV5 ?,894
SlimmingClubs 1762
U3A 3,551
Covid Voccinotions 3800
Sundries fl449 36Al+
InferestRecaived(6ross)
YorkshiraBuildingSociety 813
BeverleyBuildingSociaty 169 98?,
36356
-
Premises
Cleaning/C.watoking Costs(inclMateriols) 17954
-
Repoirs andRenetools 3,565
SmqllHollProjector 5.634
ToiletsLighfSensors 488
Water l,2rg
Electricity ?,799
6os 1,900 33.053
Finqnciol andAdministrotian
PrintingandStationory 2L3
Accounfoncy 409
ProfassionalFeas 1,066
EonkCharges 68
WifiCosls 490
MusicLicence 1,L48
Sundries 32'9 3,7?3
DepreciotionofFixturasondFittings 239
DeficifforthePeriod (55e)
36456