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2023-08-31-accounts
|
Pages |
| Reference and Administrative Details of the Charity, its Trustees and Advisers |
1 - 2 |
| Trustees’Report |
3-5 |
| Independent Examiner’s Report |
6 |
| Statement of Financial Activities |
7 |
| Balance Sheet |
8 |
| Notes to the Financial Statements |
9 - 20 |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2023 |
2023 |
2022 |
|
Note |
£ |
£ |
£ |
| Income from: |
|
|
|
|
| Donations and legacies |
2 |
. |
. |
136 |
| Charitable activities |
3 |
221,514 |
221,514 |
215,161 |
| Investments |
4 |
8,770 |
8,770 |
6,301 |
| Total income |
|
230,284 |
230,284 |
221,598 |
| Expenditure on: |
|
|
|
|
| Raising funds |
5 |
5,099 |
5,099 |
5,141 |
| Charitable activities |
|
259,827 |
259,827 |
168,550 |
| Total expenditure |
|
264,926 |
264,926 |
173,691 |
| Net (expenditure)/income before net losses on |
|
|
|
|
| investments |
|
(34,642) |
(34,642) |
47,907 |
| Net losses on investments |
|
(8,920) |
(8,920) |
(49,814) |
| Net movement in funds |
|
(43,562) |
(43,562) |
(1.907) |
| Reconciliation of funds: |
|
|
|
|
| Total funds brought forward |
|
1,226,709 |
1,226.709 |
1,228,616 |
| Net movement in funds |
|
(43,562) |
(43,562) |
(1,907) |
| Total funds carried forward |
|
1,183,147 |
1,183,147 |
1,226,709 |
|
|
|
2023 |
|
2022 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
603,776 |
|
609,590 |
| Investments |
12 |
|
532,647 |
|
533.613 |
|
|
|
1,136,423 |
|
1,143,203 |
| Current assets |
|
|
|
|
|
| Debtors |
13 |
1,703 |
|
1,390 |
|
| Cash at bank and in hand |
|
62,755 |
|
101,917 |
|
|
|
64,458 |
|
103,307 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
14 |
(17,734) |
|
(19,801) |
|
| Net current assets |
|
|
46,724 |
|
83,506 |
| Total assets less current liabilities |
|
|
1,183,147 |
|
1,226,709 |
| Net assets excluding pension asset |
|
|
1,183,147 |
|
1,226,709 |
| Total net assets |
|
|
1,183,147 |
|
1,226,709 |
| Charity funds |
|
|
|
|
|
| Restricted funds |
15 |
|
- |
|
- |
| Unrestricted funds |
15 |
|
1,183,147 |
|
1,226,709 |
| Total funds |
|
|
1,183,147 |
|
1,226,709 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
| Donations |
. |
. |
136 |
| Total 2022 |
136 |
136 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
| Rental income |
221,514 |
221,514 |
215,161 |
| Total 2022 |
215,161 |
215,161 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
| Income from local listed investments |
8,550 |
8,550 |
6,293 |
| Interest receivable |
220 |
220 |
8 |
|
8,770 |
8,770 |
6,301 |
| Total 2022 |
6,301 |
6,301 |
|
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2023 |
2023 |
2022 |
|
% |
£ |
£ |
£ |
| Investment management fees |
|
5,099 |
5,099 |
5,141 |
| Total 2022 |
|
5,141 |
5,141 |
|
|
|
|
Total |
Total |
|
Staff costs |
Other costs |
funds |
funds |
|
2023 |
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Charitable activities |
21,579 |
211,218 |
232,797 |
145,195 |
| Governance costs |
20,897 |
6,133 |
27,030 |
23,355 |
|
42,476 |
217,351 |
259,827 |
168,550 |
| Total 2022 |
38.481 |
130,069 |
168,550 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
| Light heat and power |
13,512 |
13,512 |
12,137 |
| Telephone |
1,532 |
1,532 |
1,773 |
| Insurance |
15,839 |
15,839 |
13,434 |
| Repairs and maintenance |
128,676 |
128,676 |
43,938 |
| Grounds |
18,239 |
18,239 |
19,662 |
| Lift maintenance |
3,245 |
3,245 |
4,231 |
| Legal and professional fees |
7,160 |
7,160 |
2.400 |
| HEARS alarm system |
10,058 |
10,058 |
9,256 |
| Tenants functions |
2,164 |
2,164 |
- |
| Pest control |
576 |
576 |
764 |
| Rates |
4,403 |
4,403 |
10,601 |
| Depreciation |
5,814 |
5,814 |
5,814 |
| Wages and salaries |
19,597 |
19,597 |
19,388 |
| Pension costs |
1,982 |
1,982 |
1,797 |
| Total 2023 |
232,797 |
232,797 |
145,195 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
| Independent examination fee |
1,500 |
1,500 |
1.500 |
| Accountancy fees |
1,500 |
1,500 |
1,506 |
| Miscellaneous |
3,133 |
3,133 |
3,053 |
| Adminstration staffcosts |
20,897 |
20,897 |
17,296 |
|
27,030 |
27,030 |
23,355 |
|
2023 |
2022 |
|
£ |
£ |
| Wages and salaries |
39,994 |
36,684 |
| Contribution to defined contribution pension schemes |
1,982 |
1,797 |
|
41,976 |
38,481 |
|
2023 |
2022 |
|
No. |
No. |
| Charitable activities |
1 |
1 |
| Management and administration of the charity |
1 |
1 |
|
2 |
2 |
|
Freehold |
Other fixed |
|
|
property |
assets |
Total |
|
£ |
£ |
£ |
| Cost or valuation |
|
|
|
| At 1 September 2022 |
560,152 |
79,597 |
639,749 |
| At 31 August 2023 |
560,152 |
79,597 |
639,749 |
| Depreciation |
|
|
|
| At 1 September 2022 |
- |
30,159 |
30,159 |
| Charge for the year |
- |
5,814 |
5,814 |
| At 31 August 2023 |
- |
35,973 |
35,973 |
| Net book value |
|
|
|
| At 31 August 2023 |
560,152 |
43,624 |
603,776 |
| At 31 August 2022 |
560,152 |
49,438 |
609,590 |
|
Listed |
|
investments |
|
£ |
| Cost or valuation |
|
| At 1 September 2022 |
533,613 |
| Additions |
341,298 |
| Disposals |
(345,508) |
| Revaluations |
3,244 |
| At 31 August 2023 |
532,647 |
|
2023 |
2022 |
|
£ |
£ |
| Due within one year |
|
|
| Prepayments and accrued income |
1,703 |
1,390 |
| Creditors: Amounts falling due within one year |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Deposits held |
15,634 |
15,431 |
| Other creditors |
2,100 |
4,370 |
|
17,734 |
19,801 |
|
Balance at 1 |
|
|
|
|
Balance at |
|
September |
|
|
Transfers |
Gains/ |
31 August |
|
2022 |
**Income ** |
Expenditure |
in/out |
(Losses) |
2023 |
|
£ |
**£ ** |
£ |
£ |
£ |
£ |
| Unrestricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Designated |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Building fund |
609,590 |
- |
- |
(5,814) |
» |
603,776 |
| Future building |
|
|
|
|
|
|
| project fund |
375,000 |
. |
- |
- |
- |
375,000 |
| Building repairs |
|
|
|
|
|
|
| fund |
50,000 |
- |
- |
- |
- |
50,000 |
|
1,034,590 |
- |
- |
(5,814) |
- |
1,028,776 |
| General funds |
|
|
|
|
|
|
| General Funds - |
|
|
|
|
|
|
| all funds |
192,119 |
230,284 |
(264,926) |
5,814 |
(8,920) |
154,371 |
| Total |
|
|
|
|
|
|
| Unrestricted |
|
|
|
|
|
|
| funds |
1,226,709 |
230,284 |
(264,926) |
■ |
(8,920) |
1,183,147 |
| Statement of funds • prior year |
Statement of funds • prior year |
|
|
|
|
|
|
|
Balance at |
|
|
|
|
|
|
|
31 |
|
|
|
|
Balance at |
|
|
September |
|
|
Transfers |
Gains/ |
31 August |
|
|
2021 |
Income |
Expenditure |
in/out |
(Losses) |
|
2022 |
|
£ |
£ |
£ |
£ |
£ |
|
£ |
| Unrestricted |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| Designated |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| Building fund |
569,054 |
- |
|
40,536 |
- |
|
609,590 |
| Future building |
|
|
|
|
|
|
|
| project fund |
350,000 |
. |
|
25,000 |
|
|
375,000 |
| Building repairs |
|
|
|
|
|
|
|
| fund |
50.000 |
|
|
|
|
|
50,000 |
|
969,054 |
- |
* |
65.536 |
- |
1.034,590 |
|
| General funds |
|
|
|
|
|
|
|
| General Funds - |
|
|
|
|
|
|
|
| all funds |
259,562 |
221,598 |
(173,691) |
(65.536) |
(49,814) |
|
192,119 |
| Total |
|
|
|
|
|
|
|
| Unrestricted |
|
|
|
|
|
|
|
| funds |
1,228,616 |
221,598 |
(173,691) |
- |
(49,814) |
1,226,709 |
|
|
Unrestricted |
Total |
|
funds |
funds |
|
2023 |
2023 |
|
£ |
£ |
| Tangible fixed assets |
603,776 |
603,776 |
| Fixed asset investments |
532,647 |
532,647 |
| Current assets |
64,458 |
64,458 |
| Creditors due within one year |
(17,734) |
(17,734) |
| Total |
1,183,147 |
1,183,147 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2022 |
2022 |
|
£ |
£ |
| Tangible fixed assets |
609,590 |
609,590 |
| Fixed asset investments |
533,613 |
533,613 |
| Current assets |
103,307 |
103,307 |
| Creditors due within one year |
(19,801) |
(19.801) |
|
1,226,709 |
1,226,709 |