| ~Pa ea | ||
|---|---|---|
| Trustees' Report |
||
| Independent Examiner's |
Report | |
| Statement of Financial | Activities | |
| Balance Sheet | 7-8 | |
| Cashflow Statement | ||
| Notes to the Accounts | 10-18 |
| Note | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||||
| E | 6 | E | E | ||||
| Income: | |||||||
| Income from | generated | funds | |||||
| Donations | and grants | 507,746 | 12,481 | 520,227 | |||
| Charitable | activities | 55,426 | 55,426 | ||||
| Investment income |
697 | 34 | 731 | ||||
| Shop income | 87,159 | 87,159 | |||||
| Total Income | 651,028 | 12,515 | 663,543 | ||||
| Expenditure: | |||||||
| Charitable activities |
|||||||
| Shop expenditure | 25,664 | 25,664 | |||||
| Charitable | expenditure | 270,084 | 8,952 | 279,036 | |||
| Other costs | 10,024 | 10,024 | |||||
| Total Expenditure | 305,772 | 8,952 | 314,724 | ||||
| Net Incomingi(Outgoing) | |||||||
| Resources for the year | 345,256 | 3,563 | 348,819 | ||||
| Transfers | 3,200 | (3,200) | |||||
| Net Movement in Funds |
6 | 348,456 | 363 | 348,819 | |||
| Funds to be | carried forward | 348,456 | 363 | 348,819 |
| Note | 2023 | 2022 | ||
|---|---|---|---|---|
| E | F | |||
| FIXEDASSETS | ||||
| Tangible Assets | 405,413 | |||
| CURRENT ASSETS | ||||
| Debtors | 9 | 2,286 | ||
| Cash at Bank | 46,036 | |||
| 48,322 | ||||
| CREDITORS: | ||||
| AMOUNTS FALLING DUE WITHIN ONE YEAR |
10 | (24,997) | ||
| NET CURRENT ASSETS | 23,325 | |||
| CREDITORS: | ||||
| AMOUNTS FALLING DUE IN MORE THAN ONE |
||||
| YEAR | (79,919) | |||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 348,819 | |||
| NET ASSETS FUNDS | ||||
| Unrestricted | 348,456 | |||
| Restricted | 363 | |||
| 348,819 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | 2023 | ||
| 6 | E | |||
| Donations | and grants | 507,746 | 12,481 | 520,227 |
| Charitable | activities | 55,426 | 55,426 | |
| Investment | income | 697 | 34 | 731 |
| Shop income | 87,159 | 87,159 | ||
| 651,028 | 12,515 | 663,543 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| Fundsf | Funds K |
2023 | |||
| Shop expenditure | 25,664 | 25,664 | |||
| Salary and expenses | 219,096 | 1,000 | 220,096 | ||
| Council tax and water rates | 6,249 | 6,249 | |||
| Insurance | 6,010 | 6,010 | |||
| Repairs and maintenance | 8,666 | 3,360 | 12,026 | ||
| Electricity and gas | 8,454 | 8,454 | |||
| Television licence |
323 | 323 | |||
| Cleaning | 2,036 | 2,036 | |||
| Bad debts | (4,429) | (4,229) | |||
| Printing, stationery |
and telephone | 4,137 | 4,137 | ||
| Staff recruitment, | training | and compliance | 1,452 | 1,452 | |
| Depreciation -equipment |
455 | 455 | |||
| Depreciation —property | 12,581 | 12,581 | |||
| Sundry expenses | 345 | 345 | |||
| Tenant training | 2,547 | 2,547 | |||
| Gifts to residents | 520 | 520 | |||
| Fundraising expenditure |
372 | 372 | |||
| Tenants fund expenditure |
4,592 | 4,592 | |||
| Bank charges | 422 | 422 | |||
| Mortgage interest |
648 | 648 | |||
| 295,748 | 8,952 | 304,700 | |||
| EXPENDITURE | |||||
| Unrestricted | Restricted | Total | |||
| Funds | Funds 8 |
2023f | |||
| Independent examiner fee |
3,000 | 3,000 | |||
| Professional charges |
7,024 | 7,024 | |||
| 10,024 | 10,024 |
| Freehold | Office and | Office and | |||||||
|---|---|---|---|---|---|---|---|---|---|
| ~Pro e | ~td | i | t | Total | |||||
| 6 | |||||||||
| Cost | |||||||||
| Introduced | At | 01.10.22 | 642,587 | 84,475 | 727,062 | ||||
| Additions | |||||||||
| Disposal | |||||||||
| At 30.09.23 | 642,587 | 84,475 | 727,062 | ||||||
| Depreciation | |||||||||
| Introduced | at | 224,959 | 83,654 | 308,613 | |||||
| 01.10.2022 | |||||||||
| Charge for | year | 12,581 | 455 | 13,036 | |||||
| Disposal | |||||||||
| At 30.09.23 | 237,540 | 84,169 | 321,649 | ||||||
| Net Book Value | |||||||||
| At 30.09.23 | 405,047 | 366 | 405,413 | ||||||
| OVEMENT | S | IN FUNDS | |||||||
| Funds at | |||||||||
| Bal b/f | t | f | ~Efdt | 30/09/23 | |||||
| 6 | K | 6 | |||||||
| Restricted funds | 12,515 | (3,200) | (8,952) | 363 | |||||
| Unrestricted | 651,028 | 3,200 | (305,572) | 348,456 | |||||
| Total funds | 663,543 | (314,724) | 348,819 |
| MOVEM | ENT | S IN FUNDS |
|||||
|---|---|---|---|---|---|---|---|
| Income | ~Ed'rt | T | t | Funds clfwd |
|||
| E | E | ||||||
| Unrestricted | funds | ||||||
| General | fund | 651,028 | (305,772) | 3,200 | 348,456 | ||
| Restricted funds | |||||||
| Building | repairs | 3,360 | (3,360) | ||||
| Lunch Club | 1,000 | (1,000) | |||||
| Tenants | fund | 4,955 | (4,592) | 363 | |||
| Mortgage | grant | 3,200 | (3,200) | ||||
| 12,515 | (8,952) | (3,200) | 363 | ||||
| Total funds | 663,543 | (314,724) | 348,819 |
| ANAL | YSIS OF NET ASSET | S BETWEEN FUNDS | ||
|---|---|---|---|---|
| ~oi td |
||||
| General | Restricted | Total Funds | ||
| Fund | Funds K |
2023f | ||
| Fixed assets | 405,413 | 405,413 | ||
| Current | assets | 47,959 | 363 | 48,322 |
| Current | liabilities | (24,997) | (24,997) | |
| Long term liabilities | (79,919) | (79,919) | ||
| 348,456 | 363 | 348,819 |
| 2023 | |||
|---|---|---|---|
| 6 | |||
| CREDITORS | |||
| (AMOUNTS FALLING DUE WITHIN | ONE YEAR) | ||
| Creditors | 5,285 | ||
| Social Security and | PAYE | 2,148 | |
| Accruals and deferred income |
4,000 | ||
| Bounce bank loan | 10,000 | ||
| CDC loan secured on 29/31 Querns | Lane | 3,564 | |
| 24,997 | |||
| LONG TERM LOAN | |||
| HSBC bank bounce | back loan | 16,666 | |
| CDC loan secured on 29/31 Querns | Lane | 63,253 | |
| 79,919 | |||
| Repayable within one year |
13,564 | ||
| Repayable between |
two and five years | 30,922 | |
| Repayable in five years or more |
48,997 | ||
| 93,483 |
| 2023 | ||
|---|---|---|
| 6 | ||
| Wages | and salaries | 203,311 |
| Social | security costs | 6,578 |
| Other | pension costs | 10,207 |
| 220,096 |
| 2023 | |||
|---|---|---|---|
| Net income | for the reporting | period (aa per the statement | |
| offinancial activities) | 348,819 | ||
| Adjustments | for: | ||
| Depreciation | charges | 13,036 | |
| Finance cost | 648 | ||
| Interest received | (34) | ||
| (Increase) in |
debtors | (2,286) | |
| Increase in creditors |
104,916 | ||
| 465,099 |