RegTiSiered Charily Numbei. 1202674 MOORSLEY AND DISTRICT CIO a Charitable Incorporated Organisation TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 31 March 2024 MOORSLEY AND DISTRICT CIO The Hut M()arslc')' Ri)ad Low .Iloorsle)' Hetton-le- Hole j#ck)'.mvorsli)CIT btupinM'urld.co
CONTENTS FOR THE YEAR ENDED 31 mth 2024 RLFLRLNCL AND ADMINISTRATIVE tNFORMATION............................................. TRUSTEES, REPORT.................................................................................................................................. INDEPENDENT EXAMINER'S REPORT................................................................................................. STATF.MF.NT OF FtNANCIAL ACTIVITIF.S.................................................................. ........................ BALANCL SHLLT.................................................................................................................................... N()TE% TO THE FtNANLIAL STATEMENTS.......................................................................................
REFF.RENCE AND ADIIIINISTRATtVE IIYFORMATION FOR THE YEAR ENDED 31 m"Ch 2024 Trustees Jacqueline Wortliington Aiiiie Stoll CIl, SIUI-LY Charity Reglstered lumber 1202C)74 Registered Olee ThL Hur ML)()r%ley Road Low Mooibley Heiion-le-Hole Tync & Wear DH5 OED IndepLndint Examiner Michael Banies ACA Gdieway ALL(lUlltanLy & Tax I'l 2 Boiiaipibta Di'ive Sunderlai)d TynL & WLai' SR4 9AP Bank¢rs Barclays Bank
. TRUSTEES, REPORT . FOR THE YEAR ENDED 31 March 2024 The Trubteeb pi'esent their nUm1 I'eport dnd finanLial stdiements for ihe yethr ended 31 MarLh 21}•4. ThL finan¢ial sldlLiiientb liavL beLn prcpcd in a¢LorddllLL Wlth ihL aLLOUllting poliLiV% s¢l uul in noie l iu (he fiiiaiiLial stdt¥mLllt% aiid Lolnply with th¢ Lliarity's gov¢niing duLUIIILllt, th¥ ChdritiL.s All 2Q I l aiid "ALLOUlltiiig and Rcportiiia by Chai'itics.. Siaremcnt of Rccommeiided Pi'aciicc applicabl¢ to cljaritics prepariiig th¢ir accounts in dccord&iice will) Ilie l--ill)¢11 Repoi'ling Si¢iiiddi"d applicable in ilie UK aiid Republic of Ireland (l--RS 102)" LtILLliv¢ l Jdnuary 21119). Ob e¢tivLs and aLtivitiLs The objecl of the C.hariiy i.s to further or bci)cfit ihe rc.%idcnt.q of Moorsley aiid Distri¢[ and thc iicighborhood. M'iihoui disiiiiclion of sex. sexual oriei)laiion, race oi. ol. polilical, religiious oi. other opii)ioiis by associaiiiig togJeihei' tlie Ndid resident% and (he IuLdl au(hoi'i(ie%, v(Ilunury un(1 ()Ihei' nrg&nisalionb in a LoiniiRDn err()fl l() ddvancL LduLdtion and to pruvidL t<iLilitlL'S in IhL in(LrL.%ls ot- SOLidl WLlfdr¥ t(11 rLLfL¢ltion dnd Ici.&ur¥ liinL occupation with rlic obj¢ctii'es of improviiig the coiidilioii.i of lifc for th¢ rcsidenls. Iii iliJrth¢ranLC Ot- IhLsL objLcLs buc not othcnvi8¥, thL trustLL5 sh4111 havL powLr to ¢,st<iblish or SCLur¥ the establishmcnt ot-a community centi'c aiid to maiiiiaiii oi. maiiage or co-opei'alc with any stalulory authority 111 the iiiain¢ei]1Ce dnd i)Idnageinei)l oA'bucli a centre for aclivitiei pi'oiiio(ed by ihe chai'iiy in furthe1.]ce of Ihe dbove obj¢Lts. Tlie planniii¥, fLindingT aiid coiisltiictioii of ilie new coiiiiiiunity buildiiigT Wds the iiiain focus for Ilie yeai.. Our aLtivitlL.% niDvLd to an()IhLI- l()Lal Loiiimunily VLnue tLlI)P()I'drily .%0 Iliat c)ui' pi'()jLctb L()uld L()lliinu¢. Tl)L%¥' Iiicluded a twice 'c¢k]Y Wann Si)a¥CS ses.%ioii, craft aiid ukulelc gi'oui).s. wcckly biiigo aficnioons and coltcc mornings. We alsi) hdd seasonal events loi. local children including a Hallom'een pany and a Mee( Sdiila ei"ei)l. Thc Kin&F'% Loiona(ion W<i.% celebi'died with # buAfel lunch for 51) pe()plc: and we Iield d MaLMill&n L ancei. Support tiJndrai.SLr. Public bL'ni.fit The Trusiccs coiitirm that they have cornplied with the duty in Sectioii 17 of the Charitics Act 201 I to havc duc regard to (he Ll)dl'ily Loiiiii)i&sion'b geiieral guidaii¢e on public beiiefii. The tiusiees havc paid duc regKird to guidance issucd by thc Charity Cominission in dcciding whil1 activities the chdl'iiy sl?ould uiidci1ake. Achievement5 and ercormanee Th¥ Iiidin aLhiLVLillLni in tliL last yL<ir bLLn IhL tundi'di%ing tol. dnd buildin¥ ot. d fiLW L(Ininiunity tdLility I enable the rcsidei)ts iii a qocially dcprivcd ai'ca to attet)d altoJ'd<ibl¢ SOCi<il aiid cducatioi?al actii'itics. All .%cciions ol the conimuiiiiy will haiwe a sale, woiin place, ebpecially dLifiiiLi ihe ciii'j'eni eLoiii)mic and cosi ol Iivinb* crisss. whiLh 1.% Lasily JbLL%.%ihlL by publiL tl'dnspi)It. ()ur nLThT tdlility gFjIILb IoLdl IJL()pl¥ a pldVL t() hi)Id tdiiiily LvLntb and tu attLI)d SLSSi01I.S lo improvL thLir hLdlih diid In¢iitdl w¢llbLiii¥.
TRUSTEES, REPORT .FOR THE YEAR ENDED 31 March 2024 The charily is iuii wholly by local voluiilecrs. Financial revieiw The nuleb lu ihe d¢¢()ullib disclose the d.%setS dnd li£1bili(ieb of the org7anis¢iliun attributable to ihe various fun(L4- by typ¥. Uni'Lbti'ibl¥d tundb ani()unt to £11,47C). RL.%II-ILtLd tunds {I'Lla(itig to IhL buildir]g and somL L)t' Il% Fixrui'cs Filtings) amouiii lo £598.?85 Thc Buildiiig Fuiid will b¢ dinurtlSLd dowil ti) 7.Lru QVLr thc LXPLCtLd u.%Ltul lifL of the facility. There al'e no comparc?tivc figurcs statcd wilh this bciiig a i)C'1Y coiistirutLd CIO. bunds uinouiiiiiig 10 £49,846 wei'e (I'ansfei'red Iroiii Mooi'sl¢y & Disirici CIC. The tnistees havc dciemined that ihc appropriatc Icvcl ot'trce r¢s¢rves which are iiot iiivesicd in taiigiible tixcd assets .%l)ould be equii'dleni (o six iiion(Iib exijendilui'e, (Leiernjined pi'oiwj.sinnally di £ 111,000. A.$ Il)c building is ILS% than a yLdr (Jld, thL Tiii.Sl¢L% arL still L()Ining tu tLrms witli tli¥ likLly Jnnudl runningi cDsi4. Thub¢ Losts dr prcdoiniiiaiitly Utilitics aiid Maiiitciiat)ce. Frce r¢sen'c.s at thc ycar-¢nd wcre morc iliaii rlii.8 amouiit, but the Tiuslees al'e cogFniLaii( of Ihe fu(ure requii'ement ¢0 I'e-inves( iii ihe labric ol. the facility and ils equipment lo satisfy (he needb &nd requiremenis Dfoui. users. Tliis will involve ihe u(ilisaliun ofannual dLLuinul&ted suipluses. Our aim is to sublain Rcseiveb by means of annual operaiiiig suipluseb and judiciou5 management of our rcsoui'oeb. Risk inanauement Th¢ li"u.%tcLs hai'L a dury to idLlllifv aiid ruviLW risk.% to which thL Lhdl'iry is ¢xpos¢d aiid tu Lnsurc appropriate conti'ols .¢ iii place to pi'ovidc rccisonable assurance agi¢iillbt traud and error. Thc truslcc8 arc rcsi)oii.siblc foi. (hc Inaiiag¢inci)t of the ri.qks faccd by the Org)isatio1]. Dciail¢d con.sid¢raii01is ot risk al'e reviewed by ihe Boai'd oli ali 01)g70iI)Tr basis at Ihe moi)Ihly manag7emeni meeliiigs. Risks air ideiilitied, di.%e%.sed dnd L()niri)l% e%iabli%lied tlii'i)ugFliuui ilie year. The key conti'ols used by ihe chai'ily include,. Formal agTcndas for all Board activity,. DLlailLd iLrins ot rLlcrLI)L¢ tor all LoininiltLLs. CviiiprLhbnsivL'.%tr&lL&Ji¢ pldnninb, budiFLtingF and iiidndgLm¥n( dLL(iun(ing' Eslablished or84inibalional slwctui'e diid lilies ol. repoi'ling,. 14omial wi'iticn policics. C lear duih()ri%a(iun and appi'()I'(Il level.4.
,-OR THE YEAR ENDED 31 March 2024 Through the risk management processes established for the OlgTanisation. the Ttuslees are satisfied that the major risks identified have been adequately miligaled where necessary. It is reco¥nised that systems can only provide reasonable assurance that major risks have been adequately mana&Fed. Forw There is much to be positive about. Initial footfall through the Hut is strong, Classes are well attended and bookinsF5 for events are gFrowing. There will always be challensFes lo meet but wilh strong Trustee support these will be addressed and managed. Stru overn nce and m emen Governin um The charity is controlled by lis gToveming document, it's Constilution. Moorsley & District CIO was fornied on I Ith April 2023. followinsJ on from Moorsley & District CIC. The trustees who served during the year and up to the date of si¥nature of the financial statements were.. J Worthington (Chair) (appointed I I th April 2023 present) A Stott (appointed I I th April 2023 - present) C Storey (appointed I I th Aptil 2023 present) Recruitment and ointment ofnew trust es Procedures for the appointment and election of new trustees are Set out in the Constitution. anisati nal struct re We have 3 Truslees at present after conversion of the CIC to the CIO. Each Trustee has been elected to stand for a specific period to allow for Ihe expansion of the SFroup over the next couple of years. The trustees, report was approved by the Board of Trustees. J V.lorthington A Stott Trnstee Trustee Dated. 18 November 2024
INDEPENDENT EXAMIJER'S REPORT '.FOR THE YEAR ENDED 31 March 2024 I report lu the Tiu.%lees on Iny extunination of(he finanLial stalen?ent,£ i)fM()Drsley and Di%lriLt L10 Iilie Charity) f()r thL period ¢ndcd 31.51 MarLh 2024. RL'5 onbibilitiLS and of r¢ ort As the Tiustees of the chai'ity, you ar¢ responsible foi. Ihc prcparation of the financial statements in accoi'daiice with ihe I"equii'eiiienib of the Charities Aci 2011 (Ihe 2011 Act). I repon in I'especi of i)iy exdinination of ihc cliai'ily'5 liiidi)cial &ldleiiieii(s cari'ied OLLt under seclion 145 of (lie 2111 I ALt. In Ldriying out my Lxdiiiindtiun I hdvL ti)IlowLd all tli¢ appliLdblL dii'¥Llions gFivLn by ihc Chdl'ity Commissioii under scctioii 1451511bl of thc 201 l Act. Inde endeni Examiners Statement have completed my examiiia(ion. I coiifirm ihal no matters have come to my aiieiilion in coniieclion wilh Ihe ¢Xdinindlion ¥iving n)¢ LdUSL lo bLIILV¢ (hdt in any In<ilcridl i'¢spcL('. 3ccouniit)&J iecoi'db- Ivere no( kepl in rc.spcci of Ihc Cliai'ity as I'equii'ed by seciion 130 of Ihe ?nl l Aci. or the tiiianLi(11 stdttrtients dn n()1 (Iccurd H'itli Ih(Kse r¢Lurds; oi. 3. the lii)allLldl %Ltl¢m¢iits do not Lomply wilh (h¥ appliLable rt4uiremeiirs Loncerning rhe tOETll and L()11(eiit ot. the accowiL% bel oul in the C"liai'itie% IA¢couJi(% and Rei)oJ1%1 RebJul&ition.% 20U8 oU)¢i' thdll <iny J'cquii'eJ?i¢nl Ilia( Lh¢ accounts. giic a Irue and lliil vicw wlii¢li ib noi 4 tlldttcr ¢onbidei"ed P%Ut vl. dn indepcndcni exdinindtiL)n. I have no coiiceriis ai)d hdve coine aci'osb 110 4)iliei' illaiteib ii) coiineciioii wi(li ilie exdiiiiiidiion 10 which aiieniion shi)uld bL di'dwn in tl)ib L'LP(iil in ()rdLr t() LndblL a PIiIPLI' undLI'Standinbi ul'thL tindncidl &tdtLillLntb (u bL fLdLIILd. Mi¢hacl Bariies ACA GatLwdy ALLUUntlllLy & Tax i'l 2 Bonavi.8ta rjrivc Siinderlaiid Tyne & Wedr SR4 9AP l¥, Ni)vLinbLI' 21)24
STA TEMF,)T OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2024 Restricted incoini. Notes Unr¢$trictL.d funds Tut*l fr'und 2024 Income and endoivments from". Donatioii% aiid ILgaLie5 Chdi'ilable activities 60,977 556,147 617,124 4,511? 4,503 Other tradin¥ activities 999 999 InvLbtincnts Total 66,490 556,147 622,637 ExpLbndlture on: Raising fuiids 501 501 Chai'il&ble aL(iVlties 5,212 5.212 Oiher 10 200 6.963 7,163 'ru¢AI 5,913 6,963 12,876 Net in¢omel{expenditure) Nel movvsnent in lunds 60,577 549,1 t$4 609,761 549,184 609,761 Reeunclliation uf fund5: Tutal tundb brou¥ht t()nvard Ti'ansfers betweeii Iwids 149,lUI) 49,101 Total funds LarriL.d furward 11.476 5YII,2X5 609.761
,-OR THE YEAR ENDED 31 March 2024 Unrestricted fund5 Restricted income funds TolAI Funds 2024 Notes Fixed assets Tangible assets 12 405 598,28S 598,690 Total fixed a55et5 405 598,285 598,690 Current assets Debtors 13 589 12.366 12.955 Cash at bank and in hand 14 11.732 12.201 23.933 TotAI current assets 12,321 24,567 36,888 Creditors.. amounts falling due within one year Nel current as$etsl{liabilities) Total net Assets or liabilities 1,250 24.567 25.817 11,071 11,071 11,476 598,285 609,761 Funds ofthe Chxrity Unresiricted funds 16 11.476 11.476 Restricted income funds 16 598,285 598.285 Endowment funds 16 Total funds 11,476 598,285 609,761 The financial statements were approved by the Board on 18, Nov¢mber ?024 and si¥ned on lis behalf by.. Jacqueline Wonhinglon Trustee Anne Stolt Trusiee
NOTF.S TO THE FINANCIAL STATEMEiYts , FOR THE YEAR ENDED 31 March 2024 l Accounting Policies 1.1 Accounting Policies The principal acc0]¢1ng policies adopied by ihe Charity, which ib a public beiiefil eniily. in the Pl'Lparaiion of. Ihe account% di'c ds tollows. 1.2 Basis of preparation Thetse dLcuunlb liave been prepai'ed LLndei' the hi.q¢c)I"i¢al cc).4l coniyen(i()n, a% Ini)dified by the inclusion ot Lh¢iri(ablL propLrtiis and tixLd as.%LI ini'LStInLllis dnd inv¢%(InLnl pri)pLrti¢s al valudti()n. These a¢¢ouiiig havc beeii prci)arcd ii? accordaiicc with 'A¢coiinring and Reponiiig by Charitie.4'. Stalemeiii of Recommeiided Praclice applicable to chai'ities pi'eparin&T (lieir accoui)Is in accordance wirli tIIL Fin&nLidl RLpoiiin& Stdnddl'd dpplicablc in thL UK ¢inil RLpiibliL Ut- li'Lland (FR% 1112)" ILtTrLLtivL l Jat)uary ?0191- IChdritiL.s SORP I FRS 102)), th¥ FiiidllLial RLporting Sidiidard dppIiLabl¥ in the UK and Republic of Irelaiid IFRS 102) aiid the C.hai'itics Act 2011. These accounls are presenied in pounds blei'liiig rounded io Lhe iiedresl pound. 1.3 Going concern The Trustees l)ave pirpared fiiiaiicial projeciioiis, takiiig into consideraLion ihe cui'reiii economic Londiti(>n% dnd have, at tlie lime i)fapproi"ing (liebe d¢LuullLS. d I'easL)ndble exi)eLtation th(it ilie Lharity ha.s ddL4UatL fL.8vurL¢s lo ¥untiiiuL in OPLratioi)al cxi.%tLnLL tor th¢ turL%LLablL" tuturL. Thus th¢y coiiiii)uc to adopt ihe goii)g coiicein basis of accountiiig in prepai'ing thc aceouiits. 1.4 Income from donations or grants Income from donaiions aiid gi'ants is rccogni7cd whcn thc charity i.q cntitl¢d to th¢ fund.s. Ihc reccipt is pi'obable. and Ihe amount cali be measui.ed reliably. For doi)alioiis. Ihis is Ubually on I'eceipt. For Ii'anLs, thi% 1.4 Usudlly ,en d Ivrii)al vffei. is iiiade in wriiing. Ir a dDnd(l()n oi. &Trant uun(din% ierm. lid Luiidi(iuii.4 UUt.%idL ot. rhc chariry'.% Loiitrol whiLh niusi b¢ mLt bLturL thl Lharity ib LlltiilLd lu thL funds. oi. if thc doiioi" specitlLS that the funds must bc used iii futui'e iiinc periods. Iheii the iiicome is deleri'ed. 1.5 Grants The chai'iiy has i'eceived giattls in Ihe reporiii)g pei'iod. 1.6 Contractual income and performance related 2rantS This is oiily included in the SOF A oncc tlie charity hcls pIDvidcd ihc I'¢latcd goods or SilViCLS oi. ML( Ihc pei'foi-illkillLf I'¢14Licd condilioiib. .7 Income from chai-itable activities Iiicome fiom charilable dLliviiies is I'ecogrnised over the period to M'hiLh ihe iiicome I'elaies. Coiicet1 tLLS dl'L fLL()gni.%vd dt tliL da(L Ot. rliL LVLnr. MLinbLI'.%liip tLL.% dl"L' I'LLObrni.%Ld i)VLI" IhL PLI-iod ut. thL 10
NOTES TO THE FINANCIAL STATEMENTS . FOR THE YEAR ENDED 31 March 2024 membcrship. Rcnt is I'ccogniscd ovcr t]ie pcriod to which it relates. Aiiy amoun15 relating to tuiurc periods. di'e delei'red. 1.8 Investment income F)ividLnds arL' includLd iii thL StatLm¢iit uf FiiidiiLial ALtii'itiL.s wheii they 4tr¢ deLldrLd at dll amount which includes the tax credit recovcrabl¢ from HM Rcvcnue aiid Customs. 1.9 Other trading income Oihcr trading incoinc from iion-chariiable sourc¢.$ is recognised over the i)¢riod io which it relate.s, Aiiy reldlii)g lo fuLure periods is delen'ed. 1.10 Expenditure Expcnditurc is rccogiiiscd whcii a presciit Icgyal or eoiistwctivc obligation Lxlsts at the balancc shect dale as a resull of a pdsl evenl, 11 Ib probable Il)at a ti'ai)sfcr of econoiiiic beneli(s will be I'equired io SLtrlL ihL oblibFdtiun, and tlie ainuunt be ebtimdtLd I'Llidbly. IE ib illLlu.sivu of. VA T whiih Lannot be I"ccovered. Dii'eci ¢osis al'e (hose cosis which dii'ectly allribule lo ils activities. Wages and salaries at'e allocaled to direct cosLs bd.%ed (Trn e.%tiindie ul'time .spent on chai'ildble acliviiieb by slall. iiieinbei's. Supp()rt co.%t.4 includL.stdlt-LOSts and ar¢ ihosL whiLh do not produLL li clirect output. Statt-uosts relate to specific activiti¢s and thi.s is rcflccted in thc allocation of payroll costs based on ihc pcrccntage of lime speni. All Lostb, illLludincU• LI.MaLL L().4fs, drL dll()Lalcd bLtw¢en ih¢ LxpendinifL CarLvOrILs l)t (he Lhai'ity oli d basi,% dLsignLd lo rLtILLI tIIL USL Ot IhL fL.%oufLe Costs rLldting to a partlLular aLtivity dre Lhar¥eil dii-cctly: oih¥J-b aJ-¥ appoi'iii)IlLLt 011 dll iipyrupridiL. basi5. Suppoi'l cos(s aiid overheads- have been calculdled by iillocdling bi(Iffiime lo ilic level o( iiii'olvemenl iii tIIL Vdfiuus dLILVltie% ut. IhL. Cl)di'ity. 1.1 l Taxation The i)i'gdnisdii()n is a irgij.4tered LI]llY and ha¥ no lidbility l() income idx or Lorpoi'aiiun tdx on its ¢hdritablL &iillVltiLs duriiig thL !Lar. 1.12 Creditors TIIL Lharity hd% LrLdiior.s whicli drL' IIILasui'cd dt SLiIILinLnt am()unts IL%$ any trddL disLounls. 1.13 Pri)visions for liabilitiL'* A lidbiliry is IllLa%ui'Ld Dll ILLUbJnitii)n dt i(.s hisloi-IL,';l LV&t dnd Ili¢n sub%LqULntly IllLa%w'Ld al tIIL bLSt LStiina¢¥ of thL 4inouni rL4uirLcl to .%¥ttlL rlii oblib&tliuii at ihL I'Lpu1111ig (l(itL. 1.14 Flnaniial Insti'uments ChdriiiL'% prLparing aLcounrg ncirnially IllLasui'L J bcl.SiL lindnLi(il d.%SLt oi. bd.%iL tindllLldl lidbility (Trn its 11)Ltial rccogTllltioi) at Ihc amouni recciijablc or payablc adjustLd for at)y relatcd Iraiisactioii cosis.
'OTES TO THE FINANCIAL STATEMENTS p:¥qFOR THE YE4R ENDED 31 March 2024 Howci'cr. it Iiiilially mcasured ai tair value. traiisacrioii costs are noi included iii thL m¢asui'emeiil ot- Iiiidncidl abbeib oi" lidbililies. inb(edd, Il)e IransJc(ion cosits al'e ti'edied as ali expenbe. Ifext¢nded credi( IN otYLI-Ld, thL aLL()ulliin¥ li'LatinLnt dLp¥nd% on tho.qL LXtLndLd Ll'Ldit ILIIII.%. The subscqucnt mea.suremcnt of fiiiai)cial a.ss¢ts and finaiicial liabilitics dci)ciid.s oli thcir naturc and SLttIcmLni ddios. Tl)L Ldrrying liOllnt Inust b¢ LdlLula(cd without any dLduLti()n ti)r trdll%dLliun Losts tha( may be incurred oli .qale or di.gi)osal. 1.15 Fund accounting UiirLstribtcd tunds dre (ho,%L tuiids whiLh are aVdil¢ibl¢ tor Ube al thL disLrLtion ot- th¢ Tru.st¢cg in turthcrance ot the gcncral objcctiv¢s ot- the charity and which have i)ot becii desigiiatcd toi. other purpobes. RL%ti"iLtLd tunds £U-¢ fvnd.g which drc to b¥ u.4Ld in aLLorddncc wilh spcLitlL restriLliorib iinpusLd by donors or whi¢h have been rai.sed by thc chilY for panicular pury)oses. 1.16 Critical a¢countlng estimates and judgements In the ai)pliudlioii ut. thL' Lhdrity'% accountiiig puliLlC8. Ihc Tru5tLL'S afL rLquir¢d to makL judgein¢iits', cstimatcs and assumptions about the cairying amount ot. asscts and liabilities thai ai'c not readily dppdreni Iroin otliel. sourceb. The esliiiiateb dnd associaled dssuiiiplioiis dre based 01) hisioficdl cxpLriLnLL and othei. tILtOlb thdt 'e Lon.%idci'Ld to bL I'el¢vani. ALiual i'L'sults inay diftci. fi'oiii thesL eqiimatcs. The csiimalcs Miid underlying assump(ions al'e reviewed oil an on¥oing basis. Rcvisions to accounting e%tin)ates I'ee4bbrnibccI in ihe peri()d in which Ihe e%limale is reiij.%ed, ifilie I'evisii)n dfrects only thai pLriod, or in rhL pcriod ut thL r¢vi5ion Lind luturL periud% if (hL r¥i'i%ion aftLLls both currLnl and tuturL pcriods. Th¢i'e are no esiimaies thnd tL66umpljoJis wlii¥li Iiavc a sigiiilii(UTrl i"i5k ufLdUSillgJ d Illdierial d¢Jjusimeni to IhL Ldl'iyillby dlliL)unt ot dsleis and liabiliiies. 1.17 Tan¥iblL tixcd assets TangTible fixcd d.%.%ei%, su¢h as land and buildin&rs, p[l, ijehicleb dnd equipmenl, dre held lo proi'ide In on-¥FI)inbJ ¥LonuiniL bLllLtil [() d Lh¢irity rhruuh tliLif Ll)ntribuiiun, direLily ui. indirLLtly, to the proiiisioii of good,s 01'.8crvic¢.q by the charity. Taiibiible fixed dsbeis. othei. than li'eehold land, are slaicd at Cobt or i.alualioii less depreciaiion aiid dny pix)visiiin l()r iiiipaiiinen(. Depi'eLldlion is pi'ovide(L dl i-d¢eb LalLulJicd io write off tlie L()b¢ oi. vAIudtioii ot. tIXLd as%Lt%, IL.%.f thLir L%tiinatLd rL.%iilual VdluL, Ulf¥r thLII' ¥XPLLtLd u.%¥tul livLs oil the tollowing basis.. Leasehold Laiid & Properly FixlllrL.%, F"irrin&. & E4uipi)i¢nt Coiiipulei. Eqiiipii)eni Sij-aighi Liiie %trdighi l.inL Sii'dibil)t Line 33V/,, 33/ 12
OTES TO THE FINANCIAL STATEMENTS '4FOR THE YL4R ENDED 31 March 2024 1.18 Debtors Debtors (including Irade debtors and loans I'eceivable) are measured oil inilial recogi)ition Mi selilemeiil aiiiounl anei. dny Irade disLounls or am()uni advdnLed by the Lhdi'ily. Subsequenily, they are Ine(1Sui'ed at th¢ L¢i%h or othLf LOllSidLfdllOII ¢XPCLtL"d to b¢ r¢Leiv¢d. 2 Income from Donations and Legacies UJ)rLStricted fund5 Restricted income funds Total funds 2024 Donaiion and gifts From Mvvr51¢y & District C.IC. 2.434 2,434 49.846 49,1446 G¢ncr&l granis 8,697 556,147 5()4,844 60,977 $56,147 617,124 3 Income from Charitable Activities Uiire5trl¢¢ed luiids Total funds 21124 Bingu 1,537 1,537 Raffles, lombola & evenib 2.764 2.764 Room hii'c & classes 202 202 4,503 4.503 4 Income from Other Trading Activities UnrestriLted fund5 Tolal t'unds 2U24 Cott¢e shop Q99 999 999 999
NOTES TO THE FINANCIAL STA TETrIENTS FOR THE YEAR ENDED 31 March 2024 5 Income from Investments Unrestricted t'unds Total I'unds 21124 Interest inLome 6 Analysis of Grants Crant.s & (undlng Unre5tri¢ted Restricted Total 2(b24 3 Togyeiher Reachiiig, C()niiiiuniiieb Coniniunity Fuundaiion ciswo Geiiloo SuiidLI'land City Council Hctton Town C.ouncÉl Wann Spacc. Oiher 200,1182 200,082 1.000 247,315 248.315 2,950 2,950 8,000 35,000 8.000 35.000 65,000 65,OUO 750 750 4,247 500 4.247 500 14.697 556,147 564,844 7 Expenditure on Raising Funds Total funds 2U24 OtliLI- [rdInJ dLliVItiLb Support Costs 197 304 501 14
OTES TO THE FINANCIAL STATEIIIENTS FOR THE YEAR ENDED 31 March 2024 8 Expenditure on Charitable Activities Total tunds 2024 Rcpairs Cos1 ol'services 55 2,422 Suiiport Costs 2.73$ 5.212 9 Support Costs Total fundb 2024 Insurance 386 Light & h¥at 600 Wdter 263 Licenses 41 TclLphonL 74 Sundry Lxpciises 407 Gni'ernance CTr5t5 Accouiil(iiils fees 1,250 DRS coqis 18 3.039 15
'OTES TO THE FINANCIAL STATEMENTS FOR THE YE.4R ENDED 31 March 2024 10 Other Expenditure Unrestricted funds Restricted incolne funds Total funds 21124 Anal)'sls Depreciation CharLFe for thL YLar- FixtUl"Ls & Fi(iiiigs 876 876 DLPI'Lciati()n ch.lL for lh¢ YLar- Coinputcr Equipmciit 200 200 DLpfLLidtion ChdrbpL fur the Year- Othcr Land & Buildingis 6,087 6.087 200 6,963 7,167 I l Details of certain Items of Expenditure Thi.s Independeiif examiner's leeb Asbui'ance seivices ()Iher Ilian dudil or independent exartiindlion Tax advisory fees OtliLI' fLLS Itui" ¢x&iiiplL'. tindn¢ial ddviLL, LonsulianLy. l¢L[lUnt&llCy seivicc.sl paid tu thc indcpciidcnt cxainiii¢r 500 750 16
. OTEs TO THE FtNANCtAL STATEMENTS FOR THE YE..slR ENDED 31 Mah 2024 12 Tangible Fixed Assets 12.1 Cost or valuation Other LAnd & Buildings Fixture5 & Fittino5 Computer Equipment At I l April 2023 Additions 602.594 2.654 605 Disposals Transfers At 31 Mdrch 20?4 602,594 2,C)54 605 12.2 Amortisation and impairments Other Land & Buildings Fiitures & Fittlngs Computer Equipment Ai I l April 2023 Additions 6,1187 76 20( Disposals Ti'dnstLI'S At 31 March 2024 6.087 876 200 12.3 Nct book value ()ther Land & Building$ Fixture5 & Fittings ComputLr Equlpmcnt Al I l April 2023 Ai 31 March 21124 596.5117 1,77 405 17
. .1 'OTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024 13 Debtors: Amounts falling due within one year Total I'und$ 2024 Prcpdyincnts & aLLrucd incuinL 589 Other debtors 12,366 14 Cash at bank and in hand TotAI funds 2024 Cash &1 bank and on hand 23,933 23,933 15 Creditors: Amounts falling due within one year Total fud& 2024 Tradc creditors 16,025 ALLiuals and deferred income 1,250 Othci. ci'editors 8,542 25,817
NOTES TO THE FINANCIAL sTATEMErs , FOR THE YEAR ENDED 31 March 2024 16 Charity funds 16.1 Details of material funds held and movements durin% the reportin% period Fund Fund balanees bMIAnees brought forw'ard carried torward Galns and losses Income Expenditure Transters Fund names Unre5trlcted fund.s General Fund 66.490 (5.9131 (49,101) 11.476 Restricted funds Building Fund 556,147 (6,963) 49,101 598,285 Total 622.638 {12.875) 609.761 16.2 Transfer.$ behveen funds Amount B¢twcen unrcs(rictcd ]d i'eslricted tuiids 49,101 17.1 Trustee remuneratii)n and benefit5 NonL ()t'thL tiuNILL.4 hdVL bLLll Pdid ¢illy I'Linuncration or i'eLLiv¥d iiny urhLr bLnLfit% fi'uiii dn citipluyinLnt with their Charity or a rclatcd ciitity. 17.2 Trustees, expenses Nu tru.stLL LXP¥llSL'S h¢lVL bcLn incurr¥d. 17.3 Transactivn(s) with i-elated partie5 Moo1LY & Di.411'iuI CIC Icc) R¥1 13705033) Wds ¢onvirtLd t(1 Mc?or.%lLy and DistriLt CIO i)n I I th April 2023. Cash rcservcs held ai that dalc amountiiig to £49.846 wcrc transferred to the iiewly ereaied CIO. 19