| Page | ||
|---|---|---|
| Legal k Administration | Information | |
| Annual Report ofthe Trustees | 2-3 | |
| Independent Lxaminer's |
Report to the Trustees | |
| Statement ofFinancial Activities | 5-6 | |
| Balance Sheet | ||
| Notes to the Accounts | 8 —14 |
| Legal and administrative | information | |
|---|---|---|
| Trustees | Victoria Bray (Chair) | |
| Kerry Famsworth | ||
| Tessa Barrs | ||
| Penny DeGruchy | ||
| Keith Gubbins | ||
| Nicola Hazell (Vice Chair) | ||
| Toni Dawn Rice | ||
| Roger Phillips | ||
| JoAsher (Appointed 2 August 2023) | ||
| Secretary/Office | Sarah Luke | |
| 14Paget Street | ||
| Kibworth | ||
| Leicester | ||
| LE8 OHW | ||
| Bankers | HSBC Bank pic | |
| 15High Street | ||
| Market Harborough | ||
| Leicestershire | ||
| LE167NN |
| Note | Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | |||||
| g | |||||||
| Incoming resources Fundraising |
317 | 317 | |||||
| Grants and donations | 15 | 17,614 | 17,629 | ||||
| Investment income |
6,512 | 7,603 | 14,115 | ||||
| Letting fees | 21,015 | 21,015 | |||||
| Total incoming resources |
27,542 | 25,534 | 53,076 | ||||
| Resources expended | |||||||
| Direct charitable expenditure |
4 | 11,900 | 4,649 | 16,549 | |||
| Management and administration |
ofthe | charity | 5 | 20,427 | 20,427 | ||
| Fundraising costs |
|||||||
| Total resources expended | 32 327 | 4,649 | 36,976 | ||||
| Net (outgoing)/incoming resources before transfers |
(4,785) | 20,885 | 16,100 | ||||
| Transfers between funds | 7,040 | (7,040) | |||||
| Net incoming/(outgoing) | resources for the year | 2,255 | 13,845 | 16,100 | |||
| Other recognised gains/(losses) |
|||||||
| Investments unrealised gains/(losses) |
8 | 14,544 | 26 173 | 40 717 | |||
| Net movement in funds |
16,799 | 40,018 | 56,817 | ||||
| Balances brought forward |
at I January | 2023 | 206,831 | 291,633 | 498,464 | ||
| Balances carried forward | at31December 2023 | 223,630 | 331651 | 555,281 |
| Note | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||
| Incoming resources |
||||||
| Fundraising | 4,044 | 4,044 | ||||
| Grants | 2 | 20,390 | 20,390 | |||
| Invesnnent income |
3 | 5,123 | 7,573 | 12,696 | ||
| Letting fees | 20,826 | 20,826 | ||||
| Total incomiug resources | 25,949 | 32007 | 57,956 | |||
| Resources expended | ||||||
| Direct charitable expenditure |
18,915 | 9,368 | 28,283 | |||
| Management and adminisu |
ation ofthe | charity | 19,939 | 19,939 | ||
| Fundraising costs |
1,020 | 1,020 | ||||
| Total resources expended | 38,854 | 10388 | 49,242 | |||
| Net (outgoing)/incoming resources before transfers |
(12,905) | 21,619 | 8,714 | |||
| Transfers between funds |
7,013 | (7,013) | ||||
| Net (outgoing)/incoming | resources for the year | (5,892) | 14,606 | 8,714 | ||
| Other recognised gains/(losses) lnvesunents unrealised gains/(losses) |
8 | ~20 826 | ~35,655 | ~56,491 | ||
| Net movement in funds |
(26,718) | (21,059) | (47,777) | |||
| Balances brought forward |
at 1 January | 2022 | 233,549 | 312,692 | 546,241 | |
| Balances carried forward | at 31December 2022 | 206 831 | 291,633 | 498,464 |
| Note | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| Fixed assets | ||||||
| Land and buildings | ||||||
| Playground | equipment | 39,456 | ||||
| Investments | 475,810 | 435,093 | ||||
| 515,266 | 435,093 | |||||
| Current assets | ||||||
| Cash at HSBC | 7,149 | 24,000 | ||||
| Cash at COIF Charities Deposit Fund | 32,924 | 41,156 | ||||
| Debtors | 9 | 3,227 | 2,462 | |||
| 43,300 | 67,618 | |||||
| Current liabilities |
||||||
| Creditors falling due within one year | 10 | (3,285) | (4,247) | |||
| Net current | assets | 40,015 | 63,371 | |||
| Net assets | 555,281 | 498,464 | ||||
| Represented | by: | |||||
| Unrestricted | funds | 223,630 | 206,831 | |||
| Restricted funds | 331,651 | 291,633 | ||||
| 555,281 | 498,464 |
| Grants | |||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Unrestricted | Restricted | Unrestricted | Restricted | ||
| 8 | |||||
| Lottery grant | 10,000 | ||||
| Tesco grant | 1,000 | ||||
| HDC grant | 14,209 | 9,390 | |||
| Donations | 15 | 3,405 | |||
| 15 | 17,614 | 20,390 |
| Restricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| Other | |||||||
| Unrestricted | Loan | Coal | Restricted | 2023 | 2022 | ||
| Fund | Fund | Fund | Funds | ||||
| 8 | f. | ||||||
| COIF Charities | Deposit | 1,768 | 1,768 | 397 | |||
| Fund | |||||||
| COIF Charities | 4,744 | 7,040 | 563 | 12,347 | 12,299 | ||
| Investments | |||||||
| 6,512 | 7,040 | 563 | 14,115 | 12,696 | |||
| irect Charitable Expenditure |
|||||||
| Restricted Funds | |||||||
| Other | |||||||
| Unrestricted | Luau | Coal | Restricted | 2023 | 2022 | ||
| Fund | Fund | Fund | Funds | ||||
| 8 | s | s | f | 8 | |||
| Grants | 210 | 200 | 410 | 200 | |||
| Building maintenance: | |||||||
| Electricity | 1,241 | 1,241 | 1,131 | ||||
| Gas | 993 | 993 | 1,391 | ||||
| Water charges | 625 | 625 | 266 | ||||
| Insurance | 2,051 | 2,051 | 1,863 | ||||
| Playing field maintenance | 935 | 935 | 1,280 | ||||
| Household | 240 | 240 | 284 | ||||
| Repairs | 5,605 | 5,605 | 12,700 | ||||
| Playing field for a new | 65 | 65 | 9,168 | ||||
| football pitch | |||||||
| Depreciation | on playground | 4,384 | 4,384 | ||||
| equipment | |||||||
| 11,900 | 200 | 4,449 | 16,549 | 28,283 |
| anagement | an | d Administra | tion | |||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Funds | |||||||
| Other | ||||||||
| Unrestricted | Coal | Restricted | 2023 | 2022 | ||||
| Fund | Fund | Fund | Funds | |||||
| 0 | ||||||||
| Wages Secretary's |
remuneration | 6,024 9,600 |
6,024 9,600 |
5,829 9,018 |
||||
| Administration | expenses | 2,378 | 2,378 | 1,684 | ||||
| Professional | fees | 2,052 | 2,052 | 3,276 | ||||
| Licences | 373 | 373 | 132 | |||||
| 20,427 | 20,427 | 19,939 |
| fixed assets | ||
|---|---|---|
| Playground | Total | |
| equipment | ||
| Cost | ||
| At 1 January 2023 | ||
| Additions in the year |
43,840 | 43,840 |
| At 31December 2023 | 43,840 | 43,840 |
| Depreciation | ||
| At January 2023 | ||
| Depreciation charged in the year |
4,384 | 4,384 |
| At 31December 2023 | 4,384 | 4,384 |
| Carrying amount | ||
| At 31December 2023 | 39,456 | 39,456 |
| 8, | Investments | |||||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Funds | |||||||
| Unrestricted | Loan | Coal | 2023 | 2022 | ||||
| COIF Investment | Fund | Fund | Fund | Total | Total | |||
| Portfolio | 8 | |||||||
| Market value —1 | 158,280 | 258,060 | 18,753 | 435,093 | 491,585 | |||
| January 2023 | ||||||||
| Additions | ||||||||
| Disposals | ||||||||
| Net unrealised | 14,544 | 24,450 | 1,723 | 40,717 | (56,492) | |||
| investment | gain | |||||||
| Market value —31 | 172,824 | 282,510 | 20,476 | 475,810 | 435,093 | |||
| December 2023 | ||||||||
| 9. | Debtors | |||||||
| 2023 | 2022 | |||||||
| Prepayments | 1,078 | 973 | ||||||
| Other debtors | 2,149 | 1,489 | ||||||
| 3227 | 2462 | |||||||
| 10. | Creditors falling due | within one | year. | |||||
| 2023 | 2022 | |||||||
| 8 | ||||||||
| Accruals and | payments | in advance | 3,285 | 4,247 | ||||
| 3,285 | 4247 |
| At 1January | At 1January | At 1January | Incoming | Outgoing | At 31 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | Resources | Resourcesf | Transfer | December 2023 | |||||||
| Loan Fund | 258, | 189 | 31,490 | (7,040) | 282,639 | ||||||
| Coal Fund | 19,198 | 2,286 | (200) | 21,284 | |||||||
| New playground | 14,024 | 17,931 | (4,384) | 27,571 | |||||||
| equipment | |||||||||||
| funding | |||||||||||
| Playing field |
for | 222 | (65) | 157 | |||||||
| new football | pitch | ||||||||||
| funding | |||||||||||
| 291,633 | 51,707 | (4,649) | (7,040) | 331,651 | |||||||
| Loan fund | -Fund | to provide interest-free loans to Foxton residents |
in times | ofneed. | |||||||
| Coal fund | -Fund | to provide living | costs to the needy | people ofFoxton. | |||||||
| New Playground | equipment | fund | -Fund | to replace playground equipment. |
|||||||
| Playing field | for | new | football | -Fund | for new football | pitches | |||||
| pitch fund |
| 2022 | At 1 | Incoming | Outgoing | Transfer | At 31 | ||
|---|---|---|---|---|---|---|---|
| January | Resources | Resources | December | ||||
| 2022 | 2022 | ||||||
| g | |||||||
| Loan Fund | 291,387 | 7,013 | (33,198) | (7,013) | 258,189 | ||
| Coal Fund | 21,305 | 560 | (2,667) | 19,198 | |||
| New playground | 15,044 | (1,020) | 14,024 | ||||
| equipment | |||||||
| funding | |||||||
| Playing | field | for | 9,390 | (9,168) | 222 | ||
| new football pitch | |||||||
| funding | |||||||
| 312,692 | 32,007 | (46,053) | (7,013) | 291,633 |
| Current | |||||||
|---|---|---|---|---|---|---|---|
| Tangible | Assetsl | ||||||
| Investments g |
assets | (Liabilities) 8 |
Totalf | ||||
| Restricted Funds: | |||||||
| Loan fund | 282,510 | 129 | 282,639 | ||||
| Coal fund | 20,476 | 808 | 21,284 | ||||
| Playing field |
for new | football | 157 | 157 | |||
| pitch funding | |||||||
| New playground | equipment | 39,456 | (11,885) | 27,571 | |||
| funding | |||||||
| 302,986 | 39,456 | (10,791) | 331,651 | ||||
| Unrestricted | funds | 172,824 | 50,806 | 223,630 | |||
| 475,810 | 39,456 | 40,015 | 555,281 |