OpenCharities

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2023-09-30-accounts

Unrestricted
funds Total funds Totalfunds
Notes 2023 2022
Income and endowments ££
from:
Donations and legacies
Charitable activjtjes 279 279 700
Other trading activities 32,920 32,920 38,530
Investments 875 875 1,520
Other 1,717 1,717 582
2,667
Total
35,791 35,791 43,999
Expenditure on:
Charitable activities
Other 20,875 20,875 34,911
Total 8,725 8,725 7,116
29,600 42,027
Net gains/(losses) on
investments 222 (970)
Net income
6,413 1,002
Transfers between funds
Net income before other
gains/(Iosses) 6,413 6,413 1,002
Other gains and lasses
Unrealised (Lasses)/Gains
on revaluation of fixed (14,261) (14,261) 453,248
assets
Net movement in funds (7,848) {7,848) 454,250
Reconciliation of funds:
Total funds brought forward 588,805 588,805 134,555
Total funds carried forward 580,957 580,957 588,805

Fixed assets
Investments
10 501,166 515,205
Current assets 501,166 515,205
Debtors
Cash at bank and in hand 11 3,802 2'289
77,379 74,879
81,181 77,168
Creditors: Amount falling due within one year
Net current assets
12 (1,390) (3,568)
79,791 73,600
Total assets less current liabilities
580'957 588,805
Net assets excluding pension asset or liability 580,957 588,805
Total net assets
590,957 588,805
The funds of the charity:
Unrestricted funds 13
General funds 118,720 112,353
Designated funds 23,028 23'204
141,748 135,557
Reserves 13
Revaluation reserve 439,209 453,248
439,209 453,248
Total funds 580'957 588,805

Fund accounting
Unrestricted funds These are available for use atthe discretion of the trustees in furtherance of the
general obj.ects of the charity.
Designated funds Theseareunrestrictedfundsearmarkedbythetrusteesforparticularpurposes.
Revaluation funds These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
Restricted funds Theseareavailableforusesubjecttorestrictionsimposedbythedonororthrough
terms of an appeal.
Income
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity
income becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is
expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is included in the
legacies the SoFA when receivable and only when the Charity has unconditional entitlement
to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the
donations and gifts gift/donation to which it relates.
Donated services These are only included in income (with an equivalent amount in expenditure)
and facilities where the benefit to the Charity is reasonably quantmable, measurable and
material.
Volunteer help The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/(losses) on This includes any gain or loss on the sale of investments.
investment assets
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
expenditure cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising
raising funds trading costs and investment management costs.
Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities services in the furtherance of its obj.ects, including the making of grants and
governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
Governance costs These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.

Unrestricted Tots I Tota I
2023 2022
£££
General donations 279 279 700
1 i9 -i]9 7uro
I:I----------------------I,-------------------------=---==------------------i:-=
3 Income from charitable activities
Unrestricted Tota I Total
2023 2022
£ ££
Hall 18,786 18,786 18,040
Recreation Ground 2,572 2,572 1,236
Hall Cottage 11,053 11,053 14,400
Coronation/Jubilee 509 509 4,854
32,920 32,920 38,530
4 lncomefrom other trading activities
Unrestrjcted Tota i Tota i
2023 2022
££
Other Rental/Fees 875 1,520
875 1,520
5 Income from !nuac+man+a
Unrestricted Total Total
2023 2022
££
Interest Received 1,263 131
Dividend Income 454 451
1,717 582
6 0therincome
Total Total
2023 20Z2
££
Covid-19 grant income 2,667

Unrestricted Total Total
2023 2022
Expenditure on charitable ££
activities
Hall
13,229 13,229 26,567
Recreation GrouncI
2,872 2,872 2,194
Hall Cottage 3,556 3,556 1,935
Coronation/Jubilee 588 588 3,495
Governance costs
Accountancy & lnd. Exam 630 630 720
20,875 20,875 34,911
0therexpenditure
u nrestrjctea. Tota i Tota i
2023 2022
££
Resurfacing of tennis court
3,000
Ventilation Tower 1,904 1,904
Solar Panels 823 823
Other interest payable 11
Employee costs 5,092 5,092 3,916
Legal and professional costs 905 905 200
8,725 7,116
Staff costs
Salaries and wages
No employee received emoluments in excess of £60,000.
Investments
Freehold Other
Investment investments
Property -Listed Total
£££
Cost or revaluation
At 10ctober 2022 500,000 15,205 515,205
Revaluation (14,261) 222 (14,039)
.A.t 30 September 2023 485,739 15,427 Sol;166
Net book values
At 30 September 2023 485,739 15,427 501,166
----------------------------------------------- I ------------.-------_--==:====TT
At 30 September 2022 500,000 15,205 515,205

2023
Trade debtors £
Other debtors 1,190
269
Prepayments and accrued income
2,343 1,371
12 Creditors: 3,802
i--------------------------_
amounts falling due within one year
2023
Other creditors £
270
Accruals
720
Deferred income
400
13 Mqvement in fund.q 1,390
-- -__---------- = ------------ =
Incoming
resources Resources At30
(including
At 1 October other
expended September
2023
2022 gains/Iosses}
£ ££
Unrestricted funds:
General funds 112,353 35,337 (28,970) 118,720
Designated funds:
Marquee fund
1,018
Pavilion fund -500
Trustees` contingency
reserve fund 21,686 454 (630) 21,510
Total Designated funds 23,204 454 (630) 23,028
Revaluation Reserves:
Revaluation fund 453,248 (14,039) 439,209
Total revaluation reserves 453,248 (14,039) 439,209
Total funds 588,805 21,752 (29,600) 580,957

unrestricted Restricted
funds funds Total
Investments £ ££
Net current assets 485,739 15,427 501,166
71,018 8,773 79,791
15 Reconciliation of net debt 556,757
_------
24,200 580,957
At30
At 1 October September
2022 Cash flows 2023
Cash and cash equivalents £ ££
74,879 2,500 77,379
74,879 2,500 77,379
Net debt
74,879 77'379