**REGISTERED CHARITY NUMBER: 211188** ## **THE FOREBRIDGE CHARITY** ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2023** Deans Chartered Accountants Gibson House Hurricane Court Stafford ST16 1GZ **THE FOREBRIDGE CHARITY REGISTERED CHARITY NO: 211188** ## **INDEX** |**3**|**Independent Examiner's Report**| |---|---| |**4**|**Income and Expenditure Account**| |**5**|**Statement of Assets and Liabilities**| |**6‐7**|**Notes to the Accounts**| 2 ## **THE FOREBRIDGE CHARITY REGISTERED CHARITY NO: 211188** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE FOREBRIDGE CHARITY** I report to the trustees on my examination of the accounts of the Forebridge Charity for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the Charity as required by section 130 of the Act; - 2 the accounts do not accord with those records; or - 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Gareth Jones DEANS Chartered Accountants Hurricane Court Hurricane Close Stafford ST16 1GZ Date 3 ## **THE FOREBRIDGE CHARITY REGISTERED CHARITY NO: 211188** ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023** |Contributions receivable
**Income from investments**
M&G Income shares
Interest
Sundry income
**Total income**
**Less expenses:**
**Property**
Electricity
Water and rates
Insurance
General repairs/maintenance
**Administration:**
Accountancy fee
Clerks Remuneration
Postage
Subscriptions
Christmas gifts
**Total expenses**
Net surplus/(Defecit) before transfers
Less:
Transferred to Cyclical Maintenance Fund
Income over expenditure/(expenditure over
income)|**General**
**Fund**
**CMF**
**Total**
24,960
‐
24,960
1,037
‐
1,037
‐
494
494
50
‐
50
26,047
494
26,541
238
‐
238
1,016
‐
1,016
1,111
‐
1,111
5,337
5,933
11,270
1,056
‐
1,056
3,846
‐
3,846
50
‐
50
226
‐
226
480
‐
480
13,360
5,933
19,293
12,687
(5,439)
7,248
(21,032)
21,032
‐
(8,345)
15,593
7,248
2023|2022| |---|---|---| |||**General**
**Fund**
**CMF**
**Total**
24,960
‐
24,960
956
‐
956
‐
41
41
‐
‐
‐| |||25,916
41
25,957
199
‐
199
1,121
‐
1,121
1,116
‐
1,116
2,441
8,892
11,333
994
‐
994
3,734
‐
3,734
50
‐
50
217
‐
217
480
‐
480| |||10,352
8,892
19,244| |||15,564
(8,851)
6,713
(7,184)
7,184
‐| |||8,380
(1,667)
6,713| **Approved by the Trustees on and signed on their behalf** ………………………………………………………………………………….. J Langford 4 ## **THE FOREBRIDGE CHARITY REGISTERED CHARITY NO: 211188** ## **STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2023** |**Note**
**Freehold Property at valuation**
1&2
**Investments in the Hands of the Official**
**Custodian for Charities at Valuation**
3
Accumulation Shares in M&G
Income Shares in M&G
**Balances at Bank and Building Society**
Stafford Railway Building Society
4
Barclays Bank Current Account
5
**Debtors and Prepayments**
5
**Creditors and accruals**
5|**£**
**£**
249,600
220,593
24,522
245,115
28,386
10,194
38,580
529
529
(875)
38,234
532,949
**2023**|**£**
**£**
249,600
207,697
24,110
231,807
12,793
18,432
31,225
582
582
(821)
30,986
512,393
**2022**|**£**
**£**
249,600
207,697
24,110
231,807
12,793
18,432
31,225
582
582
(821)
30,986
512,393
**2022**| |---|---|---|---| ||||| ||||512,393| 5 ## **THE FOREBRIDGE CHARITY REGISTERED CHARITY NO: 211188** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** |**1 Freehold Property**
**2 Revaluation Reserve**
**3 Extraordinary Repair Fund**
As at 1 January 2023
Valuation gain/(loss) in the year
As at 31 December 2023
**4 Cyclical Maintenance Fund**
As at 1 January 2023
Transfer from Income & Expenditure Accounts
Interest
Expenditure during the year
As at 31 December 2023
**5 General Fund**
As at 1 January 2023
Income over expenditure/
(expenditure over income)
Cash at Bank
Debtors and prepayments
Creditors and accruals
As at 31 December 2023|**2023**
**£**
249,600
198,216
231,807
13,308
245,115
12,793
21,032
494
(5,933)
28,386
18,193
(8,345)
9,848
10,194
529
(875)
9,848|**2022**
**£**
249,600| |---|---|---| |||198,216| |||224,862
6,945| |||231,807| |||14,460
7,184
41
(8,892)| |||12,793| |||9,813
8,380| |||18,193| |||18,432
582
(821)| |||18,193| An adjustment has been made in this note to remove the property cost of £51,384 (2022 ‐ £51,384) from the General Fund. The comparative note has also been adjusted. 6 ## **THE FOREBRIDGE CHARITY** ## **REGISTERED CHARITY NO: 211188** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **6 Shares in M&G** |**Shares in M&G**||||||| |---|---|---|---|---|---|---| |||**2023**|||**2022**|| ||**No.**|**Cost**|**Mkt. Value**|**No.**|**Cost**|**Mkt. Value**| |||**£**|**£**||**£**|**£**| |Accumulation Shares in M&G|1,968|31,524|220,592|1,968|31,524|207,697| |Income Shares in M&G|27,301|13,594|24,523|27,301|13,594|24,110| |||45,118|245,115||45,118|231,807| - **7** The accounts have been prepared on an accruals basis and with property and investment valued at a market valuation. **7**