2023-03-31-accounts - Great Torrington Commons Conservators

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			Pages
Trustees'	annual report		1to5
Independent examiner's report to the trustees
Statement	of financial	activities
Statement	offinancial	position
Notes to	the financial statements		9to 18

			2023		2022
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	2	2	2
Income and endowments
Donations and legacies Other trading activities Investment income Other income	4 5 6 7	6,292 13,278 8,308 32,089	5,000	11,292 13,278 8,308 32,089	43,702 12,093 6,075 34,368
Total income		59,967	5,000	64,967	96,238
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies Expenditure on charitable activities	8 9,10	47 73,157		47 73,157	615 67,985
Total expenditure		73,204		73,204	68,600
Net (losses)/gains on investments	12	(9,984)		(9,984)	15,223
Net (expenditure)/income		(23,221)	5,000	(18,221)	42,861
Transfers between funds		14,543	(14,543)
Net movement in funds		(8,678)	(9,543)	(18,221)	42,861
Reconciliation offunds
Total funds brought forward		257,342	15,248	272,590	229,729
Total funds carried forward		248,664	5,705	254,369	272,590

				31	March	2023
							2023			2022
						Note	2
Fixed assets
Tangible fixed assets Investments						17 18			38,303 189,792	50,589 199,776
									228,095	250,365
Current assets
Debtors						19	289			6,508
Cash at bank and in	hand						33,500			21,822
							33,789,			28,330
Creditors: amounts	falling	due within		one	year	20	7,515			6,105
Net current assets									26,274	22,225
Total assets less current		liabilities							254,369	272,590
Net assets									254,369	272,590
Funds ofthe charity Restricted funds									5,705	15,248
Unrestricted funds									248,664	257,342
Total charity funds						21			254,369	272,590
The~e financial statements		were	approved		by the	board	of trustees	and	authorised	for issue on
........................, and	are signed on		behalf ofthe board			by:

activities in which the initial gain wa Donations and legacies	s recognised.
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	6		6
Donations
Donations	6,042		6,042
Legacies
Legacies
Grants
Grants received	250	5,000	5,250
	6,292	5,000	11,292
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
Donations
Donations	9,547	11,000	20,547
Legacies Legacies	22,055		22,055
Grants
Grants received	250	850	1,100
	31,852	11,850	43,702

Other trading a	ctivities
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2023
				9
Licences Fundraising events Car boot sales		1,098 5,420		1,098 5,420
Calendar and leaflet sales Book sales		1,800		1,800
Commemorative	Benches	500		500
365 Supporters		4,460		4,460
		13,278		13,278
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
			6	2
Licences		400		400
Fundraising events Car boot sales		70 3,774		70 3,774
Calendar and leaflet sales		61		61
Book sales		1,698		1,698
Commemorative	Benches		929	929
365Supporters		5,161		5,161
		11,164	929	12,093

Investment
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2023	Funds	2022
		2
Investment income Bank interest receivable	8,182 126	8,182 126	6,069 6	6,069 6
	8,308	8,308	6,075	6,075

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2023	Funds	2022
	2	8	8
Ground rent Wayleaves Other income	26,518 1,065 960	26,518 1,065 960	28,760 993 366	28,760 993 366
Subsidies	3,546	3,546	4,249	4,249
	32,089	32,089	34,368	34,368

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2023
					E		2
	Great Torrington		Commons		47		47
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
						8	2
	Great Torrington		Commons		120	495	615
9.	Expenditure	on charitable			activities by fund type
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2023
							2
	Support costs				73,157		73,157
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
					E	2
	Support costs				67,915	70	67,985
10.	Expenditure	on		charitable	activities by activity type
						Total funds	Total fund
					Support costs	2023	2022
						2
	Commons maintenance				73,157	73,157	67,985
11.	Analysis of support costs
					Commons
					maintenance	Total 2023	Total 2022
						2
	Staff costs				39,613	39,613	37,906
	Premises				1,037	1,037	647
	Communications			and IT	7,949	7,949	8,848
	General office				3,755	3,755	1,954
	Human resources						(45)
	Finance costs				590	590	163
	Governance	costs			3,4 l2	3,412	1,770
	Administration Depreciation Legal Fees Miscellaneous Advertising Bad debt		Expense expenses		2,326 12,771 943 435 76 250	2,326 12,771 943 435 76 250	2,688 16,867 (4,266) 1,313 140
					73,157	73,157	67,985

12.	Net (losses)/g	ains	on i	nv	estme	nt	s
								Unrestricted	Total	Funds	Unrestricted	Total Funds
								Funds		2023	Funds		2022
	Gains/(losses) assets	on other investment						(9984)		(9984)	15223		15,223
13.	Net (expenditure)/income
	Net (expenditure)/income				is stated		after	charging/(crediting):			2023		2022
	Depreciation	of tangible		fixed assets							12,771		16,867
14.	Independent	examination			fees
											2023		2022
											6
	Fees payable Independent	to the independent examination of the				examiner for: financial statements					1,240		1,150
15.	Staff costs
	The total staff costs		and	employee			benefits for the reporting			period are analysed as 2023		follows: 2022
											2
	Wages and salaries										39,613		37,906
	The average	head	count		of employees			during the year was 4 (2022:			4). The average		number	of
	full-time equivalent		employees			during the year is analysed as follows					2023		2022
											No.		No.
	Number of staff										1			I

Year Tangible fixed assets	ended 31 March 2023
		Equipment	Total
Cost At 1 April 2022 Additions		96,130 485	96,130 485
At 31 March 2023		96,615	96,615
Depreciation At 1 April 2022 Charge for the year		45,541 12,771	45,541 12,771
At 31 March 2023		58,312	58,312
Carrying amount At 31 March 2023		'38,303	38,303
At 31 March 2022		50,589	50,589
Investments
			Other
			investments
Cost or valuation
At 1 April 2022			199,776
Additions
Other movements			(9,984)
At 31 March 2023			189,792
Impairment
At 1 April 2022 and 31 March 2023
Carrying amount At 31 March 2023			189,792
At 31 March 2022			199,776
All investments shown above are	held at valuation.
The historic cost ofthe investments	is Rt41,276 (2022:2141,276).

		2023	2022
		2	2
Trade	debtors	289	6,508

		2023	2022
Trade creditors		129	1
Accruals and deferred	income	7,332	6,104
Social security and other taxes		54
		7,515	6,105

Restricted funds
		At				Gains and		At
	1	Apr 2022	Income 6	Expenditure	Transfers	losses 31	Mar	2023 6
Commemorative
benches		1,795			(1,795)
Town Council
grant		1,855			(1,855)
Commemorative
bench- Mr
Jackson		243			(243)
Cavalier Bonfire Monument Fund		10,000 355			(10,000) 350			705
Wl 90th Trees		1,000			(1,000)
Old Bowling Green			5,000					5,000
		15,248	5,000		(14,543)			5,705
		At				Gains and		At
	1 Apr 2021 2		Income 2	Expenditure	Transfers 2	losses 31	Mar 2022 6
Commemorative
benches		936	929	(70)				1,795
Town Council
grant		1,855						1,855
Commemorative
bench- Mr
Jackson		243						243
Cavalier Bonfire			10,000				10,000
Monument Fund Wl 90th Trees			850 1,000	(495)				355 1,000
Old Bowling
Green
		3,034	12,779	(565)			15,248

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2023
				2
Tangible fixed assets Investments		38,303 189,792		38,303 189,792
Current assets		28,084	5,705	33,789
Creditors less than	1 year	(7,515)		(7,515)
Net assets		248,664	5,705	254,369
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
				2
Tangible fixed assets Investments		50,589 199,776		50,589 199,776
Current assets		13,082	15,248	28,330
Creditors less than	1 year	(6,105)		(6,105)
Net assets		257,342	15,248	272,590