T HE C ORNER
C HAR IT ABLE I N C ORPORA T ED ORGAN IS A TI ON ANNUAL CC A OUN TS
For the year ended 31 O cto b er 202 3
Receipts and Payments Account for the year ended 31 October 2023
| Unrestricted funds £ Receipts Bank interest 99 Fundraising 150 Grants - Other receipts - Total receipts 249 Payments Overheads 86 Renovaton - Donatons - Total payments 86 Net receipts/(payments) 163 Receipts and Payments Account for the year ended 31 October 2022 Unrestricted funds £ Receipts Bank interest 9 Fundraising 1,180 Grants Other receipts 267 Total receipts 1,456 Payments Overheads Renovaton 267 Donatons 1,180 Total payments 1,447 |
Restricted funds £ - - 7,604 - 7,604 - 2,604 - 2,604 5,000 Restricted funds £ 5,950 5,950 5,950 5,950 |
2023 total £ 99 150 7,604 - |
|---|---|---|
| 7,853 | ||
| 86 2,604 - |
||
| 2,690 | ||
| 5,163 | ||
| 2023 total £ 9 1,180 5,950 267 |
||
| 7,406 | ||
| 6,217 1,180 |
||
| 7,397 |
Net receipts/(payments)
9 9
Statement of Assets and Liabilities as at 31 October 2023
| Assets Cash at bank and in hand Total assets |
Unrestricted funds £ 366 366 |
Restricted funds £ 14,050 14,050 |
2023 total £ 14,416 |
|---|---|---|---|
| 14,416 |
The Corner has no liabilities as at 31 October 2023.
Statement of Assets and Liabilities as at 31 October 2022
| Assets Cash at bank and in hand Total assets |
Unrestricted funds £ 202 202 |
Restricted funds £ 9,050 9,050 |
2022 total £ 9,252 |
|---|---|---|---|
| 9,252 |
The Corner has no liabilities as at 31 October 2022.
The Corner registered with the Charity Commission becoming a charitable incorporated organisation on 1 September 2022 (charity no. 1200238). The financial statements have been prepared on the receipts and accruals basis as per section 133 of the Charities Act 2011 applicable to charities with income of no more than £250,000.
The financial statements have been approved by the Board of Trustees and signed on their behalf by:
Robert Brotherton Treasurer
Sue Ivens Jane Richards Co-Chair Co-Chair
Notes to the Accounts
1 Restricted funds
During the year to 31 October 2021, The Corner received approval for two grants. Firstly, from Cardiff Council Community Regeneration Fund, in order to renovate the community space. Secondly, from the National Lottery Community Fund, to refurbish the community space following the renovation works.
During the year to 31 October 2023, The Corner received approval for a new grant from the Cardiff YMCA 1910 Trust.
The receipts, payments and balances relating to these funds are presented separately to the other funds in the financial statements. A summary of these grants as at 31 October 2023 is detailed in the table below.
| Grant Cardif Council Natonal Lotery for Wales Cardif YMCA 1910 |
Funds approved 15,000 9,050 5,000 29,050 |
Funds received 11,215 9,050 5,000 25,265 |
Funds utlised (11,215) - - (11,215) |
Balance at 31 Oct 2023 - 9,050 5,000 |
|---|---|---|---|---|
| 14,050 |