## **Financial Statements for the Year Ended 31 December 2023** **for** **Sandwich Bay Bird Observatory Trust** **Sandwich Bay Bird Observatory Trust** **Contents of the Financial Statements for the year ended 31 December 2023** **----- Start of picture text -----**
Page
General Information 1
Accountants' Report and Client Approval Certificate 2
Trading and Profit and Loss Account 3
Balance Sheet 5
Reserves Schedule 6
Tangible Fixed Assets Schedule 7
**----- End of picture text -----**
**Sandwich Bay Bird Observatory Trust** **General Information for the year ended 31 December 2023** **----- Start of picture text -----**
ADDRESS: Guildford Road
Sandwich Bay
Sandwich
Kent
CT13 9PF
ACCOUNTANTS: MPH Accountancy and Business Advisors Ltd
99 Canterbury Road
Whitstable
Kent
CT5 4HG
**----- End of picture text -----**
Page 1 **Financial Statements** **for the year ended 31 December 2023** ## **Accountants' Report to** ## **Sandwich Bay Bird Observatory Trust** In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of Sandwich Bay Bird Observatory Trust and from information and explanations supplied to us. MPH Accountancy and Business Advisors Ltd 99 Canterbury Road Whitstable Kent CT5 4HG 23 May 2024 ## **Client Approval Certificate** I approve the financial statements and confirm that I have made available all relevant records and information for their preparation. Mr R Crombet-Beolens 23 May 2024 Page 2 **Sandwich Bay Bird Observatory Trust** ## **Trading and Profit and Loss Account for the year ended 31 December 2023** **----- Start of picture text -----**
2023 2022
£ £ £ £
Income
Donations 21,218 44,139
Grants 82,543 36,598
Fundraising events 4,832 7,914
Shop income 11,287 7,384
Room lettings 19,259 19,438
-
Holidays & trips 28,464
Solar panel income 4,720 4,725
Subscriptions 24,475 22,411
Courses 2,485 -
Courses 13,795 4,256
Talks - 1,207
Walks 2,694 2,560
Clubs income 2,876 1,244
190,184 180,340
Cost of sales
Opening stock 2,500 2,193
Shop expenditure 8,377 5,605
Educational expenditure 2,532 8,655
Fundraising expenditure 1,466 4,263
-
Trips & holiday expenditure 27,630
Activity expenditure 2,544 2,943
Accommodation expenses - 240
17,419 51,529
Closing stock (2,500) (2,500)
14,919 49,029
GROSS PROFIT 175,265 131,311
Other income
Deposit account interest 14,072 2,380
189,337 133,691
Expenditure
Rent & rates 3,186 5,914
Light and heat 2,251 4,270
Wages and pensions 57,640 43,507
Office expense & phone 1,099 1,493
Printing, postage & stationery 2,263 4,009
Advertising & PR 61 -
Conservation vehicle costs 1,584 706
Licences and insurance 5,464 4,482
Repairs and renewals 11,697 16,384
Waste collection 1,570 1,139
Carried forward 86,815 189,337 81,904 133,691
**----- End of picture text -----**
Page 3 **Sandwich Bay Bird Observatory Trust** ## **Trading and Profit and Loss Account for the year ended 31 December 2023** **----- Start of picture text -----**
2023 2022
£ £ £ £
Brought forward 86,815 189,337 81,904 133,691
IT & internet 2,007 4,500
Sundry expenses 35 334
Accountant & bookkeeper 1,748 1,690
Legal fees 10,172 4,021
100,777 92,449
88,560 41,242
Finance costs
Bank charges 1,499 576
87,061 40,666
Depreciation
Freehold property 8,513 8,513
Improvements to property 7,466 4,894
Plant and machinery 664 886
16,643 14,293
NET PROFIT 70,418 26,373
**----- End of picture text -----**
Page 4 **Sandwich Bay Bird Observatory Trust** ## **Balance Sheet 31 December 2023** **----- Start of picture text -----**
2023 2022
£ £ £ £
FIXED ASSETS
Freehold property 720,520 593,405
Improvements to property 59,070 27,953
Plant and machinery 1,993 2,657
781,583 624,015
CURRENT ASSETS
VAT 1,856 1,070
Stocks 2,500 2,500
Prepayments 276 339
Lloyds 5982 304 540
Virgin Money 7182 272,992 347,222
Bank account no. 3 364 237
Virgin Money 2047 335 1,484
278,627 353,392
CURRENT LIABILITIES
Social security and other taxes 13,203 2,407
Other creditors 2,107 -
Accruals and deferred income 7,626 8,144
22,936 10,551
255,691 342,841
NET ASSETS 1,037,274 966,856
FINANCED BY
RESERVES AND FUNDS
Reserves 940,483 940,483
CAPITAL ACCOUNT
-
Brought forward 26,373
Add
Net profit 70,418 26,373
96,791 26,373
1,037,274 966,856
**----- End of picture text -----**
Page 5 **Sandwich Bay Bird Observatory Trust** **Reserves Schedule 31 December 2023** **----- Start of picture text -----**
Other
reserves
£
At 1 January 2023 940,483
At 31 December 2023 940,483
**----- End of picture text -----**
Page 6 **Sandwich Bay Bird Observatory Trust** ## **Tangible Fixed Assets Schedule 31 December 2023** **----- Start of picture text -----**
Improvements
Freehold to Plant and
property property machinery Totals
£ £ £ £
COST
At 1 January 2023 601,918 32,847 3,543 638,308
Additions 135,628 38,583 - 174,211
At 31 December 2023 737,546 71,430 3,543 812,519
DEPRECIATION
At 1 January 2023 8,513 4,894 886 14,293
Charge for year 8,513 7,466 664 16,643
At 31 December 2023 17,026 12,360 1,550 30,936
NET BOOK VALUE
At 31 December 2023 720,520 59,070 1,993 781,583
At 31 December 2022 593,405 27,953 2,657 624,015
**----- End of picture text -----**
Page 7