Charity registration number 264364 Company registration number 08709411 {England and Wales) THE MEADOWSIDE CHARITY NEVoN ABBOT AND DISTRICT TRUSTEE'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr M P Smith Mrs L McElheron Ms J Howard (Appointed 25 September 20231 (Appointed 1 August 20231 Mr M Langler Mr J Caffrey MrPA WBeame (Appointed 16 January 20241 Charity nurnber 264364 Company number 08709411 Registered office 41 Highweek Road Newton Abbot Devon TQ12 1TR Independent examiner Darnells Chartered Accountants Quay House Quay Road Newton Abbot Devon TQ12 2BU
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT CONTENTS Pagg Trustees. report Independent examinerfs report Statement of financial activities Balance sheet Notes to the financial statements 8-15
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the financial stslemenls for the year ended 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a Directors, report under company law. The Trustees confirm that the Annual report and financial slalements of the ¢harilable company comply with the current statLJtory requirements. the requirements of the charitable company's Memorandum & Articles of Association and the provisions of the Statement of Recommended Praclice ISORPI applicable to charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK. Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and laige companies under the Companies Act 2006 Islralegic Report and Directors, Report) Regulations 2013 has been omitted. Objectives and activities The Meadowside Charity Newton Abbot and District is a small charitable company Ilhe Company) working for and with adults wlh learning disabilities in the South Devon area. The charity has 11 permanent residents living in Meadowside Residential Home, owned and run by the Company. The Company's objectives are". al working for snd with people with leaming disabilities, in particular by the provision of help and support for them and their families", bl helping lo provide the means, financial or otheNise, by which people wlh learning disabilities may lead happy, healthy, fulfilled lives without discrimination or prejudi of any kind and lo educate the public to assist us in meeting these aims., cl providing residential, respite and day care for adults with leaming disabilities and older people. The Company's main activity is to provide a permanent home for the 11 residents with learning disabilities or older people, who receive 24-hour care. As well as owning and running the residential home, the Company also holds various social events, which include a few members living in the wder community. Achievements and performance Beeen April 2023 and March 2024, the Company has continued lo improve and maintain Meadowside residential home for the benefit of its residents and visitors. A large Victorian bLJilding, Meadowside requires constant maintenance and improvement to keep the residents healthy and comfortable. The Company also completed the total renovation of the hall in the grounds of Meadowside as a day care cenlre, open lo members of the public. This is intended to provide respite care for those caring for loved ones, as well as providing a safe place for adu115 requiring care. This has been achieved by the voluntary Trustees a5 well a5 help from the Rotary Club of Newton Abbot, which has provided an active project group of volunteers. The daycare centre (Coronation Hall) is a separate, bespoke building providing different activities dependent on individual's requirements. The clients can be any adults who require care, depending on an assessment, although we do not provide day care for those with very complex needs. The number of care staff has been increased in order lo adequately cover the rising care needs of the residents. The residents benefit from activities and regular visits to the home by musicians and other entertainers. Residents also visit a variety of other lltreS and go on shopping or day trips with staff. Volunteers from the Rotsry Club of Newton Abbot have also helped the Company with jobs around the home and garden, as required. How our actlvltles dellver publlc beneflt In selling objectives and planning for activities, the Trustees have given due consideration lo general guidance published by the Charity Commission relating lo public benefit, including the guidance 'Public benefit.. running a charity IPB21'. All of our activities are charitable, benelitting adults with learning disabilities and older people who require 24-hour care. Other adults who require care, together with their carers, also benefit from the day care provision.
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUED FOR THE YEAR ENDED 31 MARCH 2024 Fundralslng actlvltles and Income generatlon The majority of income lo run Meadowside residential home comes from the 'hotel costs, for the residents, from Devon County and Torbay councils. No regular grants or other income are received. The Company has benefilled from a number of donations lo help with the funding of the renovation of the day care centre as well as receiving favourable prices and donations of time, equipment and supplies from local contractors. Donations have also been ceiVed from individuals and org8nisalions, helping the Company lo make required improvements within the home, for which the Trustees are very grateful. A Gardening with Disabilities grant of £1,000 was received to help Iransfomi the gardens and a grant of £250 from GroLJndworf( UK towards the Meadowside Christmas paty. Fundraising activities included a Firewalk by some of the staff. Gift was also claimed. A small amount of income is received from the sale of Teignbridge lottery tickets, run by the District Council. Financial review Going concem After making appropriate enquiries, the Trustees have a reasonable expectstion that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concern basis in preparing the financial stalemenls. Further details regarding the adoption of the going concern basis can be found in the accounting policies Reseftves policy Reserves for the current period are made up of restricted and unrestricted reserves lincluding the designated fixed asset reserve). Reserves were unrestricted in the previous year. The Trustees ensure there are adequate funds for each activity and monitor these throughout the year. At 31 March 2024, the Charity had unreslricled free reserves of £132,438. The Trustees are undertaking a review of the appropriate level of unrestricted reserves lo be held which will be implemented in the next accounting period. Principal risks and uncertainties The Trustees have ¢onsidered the risks affecting the Charity, both financial and operational, and have tsken such steps as they consider necessary to mitigate those risks.
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUED FOR THE YEAR ENDED 31 MARCH 2024 Structure. govemance and management Constitution The Meadowside Charity Newton Abbot and District is registered as a charitable company limited by guarantee. The goveming document of the charity are the Memorandum and Articles ofAssociation. Methods ofappointmenl orelectn of Twstees The management of the Company is the responsibility of the Trustees who are elected and u>opted under the temis of the Memorandum ofAssoaation. Organisalional slffuctu and decision-makifjg policies The strategy and general managemènt of the charity is led by the Trustees, who are also Directors, up to 9 people who meet up lo 4 limes per year. No remuneration is payable lo the Trustees of the charitable company, only the staff who are employed in Meadowside Residential Home. Their salaries are commensurate wth the posts they occupy. in line with mparable salaries in the care sector, equating lo or in excess of the nationa living wage. and are reviewed annually by the Trustees. Any new TrLJStees are asked to join the Board following a skills audit and identification of relevant individuals. Upon completion of an application form. potential Trustees are given a tour of the home together with an overview of the work of the charity and asked lo attend a Board meeting prior to deciding whether they wish to join. Policies adopted for the induction and training of Tmslees The Trustees ensu that they have sufficient access to professional and practical advice lo understand their responsibilities as charity Trustees. Relatedparty latIOnShipS Meadowside Residential Home. in Newton Abbot, is run for the welfare and benefit of f(s residents. In doing this (( continues to work with local groups and organisalions which support people with learning disabilities. The home is inspected by the Care Quality Commission and there is regular contact wth social care authorities and health providers. Infomiation and tiaining from other organisalions is also sought lo ensure the charity ccrnplies with the constantly changing legislation. Financial nsk manggem&nl The Trustees have assessed the major risks lo which the Company is exposed. in particular those rdated to the operations and finances of the Company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. Members liability The Members of the Company guarantee to contribute an amount not exceeding £10 to the assets of the Company in the event of winding up. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to thè dale of signature of the financial stslemenls were". Mr M P Smith Mrs L McElheron Ms J Howard Mr M Langler Mr J Caffrey MrPA WBeame Mr R S Holland Mr R M Paddon Mr K L Shetwood Ms R M O'Neil (Appointed 25 September 20231 IAppc>inled 1 August 20231 (Appointed 16 January 20241 (Resigned 1 August 20231 (Resigned 1 August 20231 (Resigned 2 January 20241 (Resigned 19 August 20241
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUED FOR THE YEAR ENDED 31 MARCH 2024 The Trustees, report was approved by the Board of Trustees. Mrs L McElheron Trustee Date.. Jan 31, 2025
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT I report to the Trustees on my examination of the financial statements of The Meadowside Charity Newton Abbot and District Ilhe Charity) for the year ended 31 March 2024. Responslbllltles and basls of report As the Trustees of the Charity land also its directors for the purposes of company lawl you are responsible for the preparation of the finanaal statements in accordance wth the requirements of the Companies Act 20(6 (the 2006 Acll. Having satisfied myself that the financial statements of the Charity are not required to be audit under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's financial stslemenls carried out under section 145 of the Charities Act 2011 Ilhe 2011 Actl. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's statement Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Vvales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have wme to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act,. or the financial slalements do not accord with those records,. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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., or the financial slalements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no COnrnS 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 finanaal slalements to be reached. Darnglls Chart9rgd A¢¢ountsnts Quay House Quay Road Newton Abbot Devon TQ122BU Dated..
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restrlcted funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Totsl 2024 2023 Notes In¢om9 and gndowmgnts from: Donations and legacies Other trading activities Other income 17,629 1,330 677,022 1,250 18,879 1,330 677.022 43,077 5,962 798.213 69,598 112,675 5,962 798,213 Totsl Income 695,981 1,250 697,231 847,252 89,598 916,850 Expenditure on- Charitable activities 640,134 1,250 641,384 822,880 14,698 837,578 Totsl expendlture 640,134 1,250 641.384 822.880 14,698 837,578 Net income 55,847 55,847 24,372 54,900 79,272 Transfers between funds 31,848 131,8481 23,052 123,0521 Net movement in funds 87,695 131,8481 55,847 47,424 31,848 79,272 Reconciliation of funds: Fund balances a11 April 2023 308,426 31,848 340,274 261,002 261,002 Fund balances at 31 March 2024 396,121 396,121 308,426 31,848 340,274 The slalemenl of financial activities includes all gains and losses cognised in the year. Al income and expenditure derive from continuing activities.
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 11 263,683 224,854 Current assets Debtors Cash at bank and in hand 12 1,510 133,361 122,541 134,871 122,541 Credltots: amounts falllng due wlthln one year 13 12,4331 17,1211 Net current assets 132,438 115,420 Totsl assets less current liabilities 396,121 340,274 The funds of the Charity Restricted income fund$ Unrestricted funds 15 16 31,848 308,426 396,121 396,121 340,274 The company is enliued to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying wth the requirements of the Companies Act 2006 with respect lo accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance wth the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on . Jan 31,2025 Mrs L McElheron Trustee Company registration number 08709411 {England and Walesl
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charity infomiation The Meadowside Charity Newton Abbot and District is a private company limited by guarantee in¢orptxaled in England and Vvales. The registered office is 41 Highweek Road, Newton Abbot. Devon, TQ12 1TR. 1.1 Reportlng perlod The figures provided as the 2023 comparable reporting period relate lo the 18 months lo 31 March 2023 and are therefore not entirely comparable lo the 12 months to 31 March 2024. 1.2 Accounting convention The financial statements have been prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102.1 and the Charities SORP "Ac¢ounling and Reporting by Charities.. Slalement of Recommended Practice applicable lo Charities preparing their accoLJnts in accordance with the Financial Reporting Stsndard applicable in the UK and RepLJblic of Ireland IFRS 1021" (effective 1 January 20191. The Charity is a Public Benefit Entity as defined by FRS 102. The financial slalements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.3 Going ¢on¢ern Al the lime of approving the financial slatemenls, the Trustees have a reasonable expectation that the Charity has adequate resources lo continue in opèrational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial stalemenls. 1.4 Charltable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Reslricled funds are subject to specific conditions by donors or grantors as lo how they may be used. The purposes and uses of the restricted funds are set out in the notes lo the financial slalements. Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the Charity. 1.5 Income Income is recognised when the Charity is legally entided to it after any performance Conditions have been mel, the amounts can be measured reliably, and it is probable that income wll be reived. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless perfomiance condrtions require deferral of the amount. Income lax recoverable in relation lo donations received under GiftAid or deeds of covenant is recognised at the lime of the donation. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ounllng poll¢lg$ Icontlnugdl 1.6 Expanditurg Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third paty, It is probable that a transfer of economic benefi15 will be required in selllemenl, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of dir1 costs and shared wsls. including support costs involved in undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned betteen those aclivilEs on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.7 Tanglble fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impaimient losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases". Freehold land and buildings Fixtures and fittings Office Equipment Not depreciated 1 OOA Straight Line 100/0 Straight Line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.8 Impairment of fixed assets At each reporting end date. the Charity reviews the carrying amoLJnts of its tangible assets to detemiine whether there is any indication that those assets have suffered an impaimient loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order to determine the extent of the impaimient loss lif any). 1.9 Cash an(1 cash equivalents Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowings in current liabilities. Basic financial assets Basic financial assets, which include debtors and cash and bank balantss, are initially measured at Iran5aclion price Including transaction costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is measured at the present value of the future receipts discounted al a market rale of interest. Financial assets classified as receivable within one year are not amortised. 1.10 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Crltlcal accountlng estlmates and Judgements In the application of the Charity's accounting poliaes, the Trustees are qUired lo make iudgemenls, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects cnly that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Grants 17,384 245 17,384 1,495 43,077 43,077 69,598 1,250 69,598 17,629 1,250 18,879 43,077 69,598 112,675 Income from other trading activities Unrestricted Unrestricted funds funds 2024 2023 Fundraising events 1,330 5,962 Other Income Unrestricted Unrestricted funds funds 2024 2023 Olhei income- fees received 677,022 798,213 10-
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on charltsble actlvltles Total funds Total funds for period for period 2024 2023 Dlrect costs staff costs Depreciation and impaimenl Agency staff staff uniforms & training Printing, postage & stationery Rates & utilities Cleaning & waste 438,383 7,972 50,956 6,244 3,231 26,578 9,256 500,251 1,753 182,114 9,134 2,098 34,327 13,069 È li Insurance Subscriptions & licences Lease payments Residents expenses General expenses Building repairs & maintenance General repairs & maintenance Professional fees Travel & susbsistence Accountancy Other charitable expenditure 11.358 2,115 3,085 819 2,679 38,850 10,919 4,266 36 1,340 23,297 12,810 2,998 4,287 8,810 975 15,605 5,291 16,293 2,380 24,272 641,384 837,578 Analysis by fund Unrestricted funds Restricted funds 640,134 1,250 822,880 14,698 641,384 837,578 Net movement in funds 2024 2023 The nel movement in funds is slated after chargingllcredits'ngl.. Depreciation of owned tangible fixed assets 7,972 1,753 Tru$teg$ None of the Trustees lor any persons connected with Iheml received any remuneration or benefits from the Charty during the year12023.' £Nill. During the period ended 31 March 2024, no Trustee expenses have been incurred12023.' £Nill.
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employees The average monthly number of employees during the year was". 2024 Number 2023 Number 20 Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 407,345 24,102 6,936 457,852 34,529 7,870 438,383 500,251 There were no employees whose annual remuneration was more than £60,000. 10 Taxatlon The charity is exempt from laxalion on its activities because all ils income is applied for charitable purposes. 11 Tangible fixed assets Freehold land Fixtures and and buildings fitting5 Office Equipment Totsl Cost At 1 April 2023 Additions 216,941 46,207 88,860 594 4,731 310,532 46,801 Al 31 March 2024 263,148 89,454 4,731 357,333 Depreciation and impairment At 1 April 2023 Depreciation charged in the year 81,420 7,499 4,258 473 85,678 7,972 Al 31 March 2024 88,919 4,731 93,650 Carrying amount Al 31 March 2024 263,148 535 263,683 Al 31 March 2023 216,941 7,440 473 224,854 12-
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Debtors 2024 2023 Arnounts falling due within one year: Other debtors 1,510 13 Creditors- amounts falling due within one year 2024 2023 Borrowings Other creditors Accruals and deferred income 4,250 491 2,380 1,413 1,020 2,433 7,121 14 Retlrgmgnt bgnefit s¢h9me$ 2024 2023 Defined contrlbutlon schemes Charge to profit or loss in respect of defined contribution schemes 6,936 7,870 The Charity operates a defined ¢ontribulion pension scheme for all qualfying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The amounts included in the balance sheet arising from the Charity's obligations in respect of defined knefrt plans are as follows.. Pension creditor £1,41312023- £4911. 15 Rostricted funds The restricted funds of the Charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as lo how they may be used. At 1 Aprll 2023 Incomlng resources Resources expended Transfers At 31 March 2024 31,848 1,250 11,2501 131,8481 Previous Period.. At 1 April 2022 Incoming resources Resources expended Transfers At 31 March 2023 69,598 114,6981 123,0521 31,848 13-
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Rg$trl¢led fund$ Icontlnugdl Rostricted Access and Hall Project This relates lo funding reiVed for this capital project. The transfer during the period represents the capital expenditure spent on the project up to 31 March 2024. 16 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These indude designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2023 Incomlng resources Rg$our¢g$ expended Transfers At 31 March 2024 General funds 308,426 695,981 1640,1341 31,848 396,121 Previous Period.. At 1 April 2022 Incoming resources Resources expended Transfers At 31 March 2023 General funds 261,002 847,252 1822,8801 23,052 308,426 Unrestrlcted General funds - These represent the free resetves of the charity that ere available lo support the general charitable objectives. Designated fixed asset funds - These represent the net book value of the Charitls tangible fixed assets. They have been separately designated as they do not represent reserves that are available for the day lo day use of the Charity. 17 Analysis of net assets between funds Unrestrlcted funds 2024 Restrl¢ted funds 2024 Total 2024 At 31 March 2024: Tangible assets General funds 263,683 132.438 263,683 132,438 396,121 396,121 14-
THE MEADOWSIDE CHARITY NEwfoN ABBOT AND DISTRICT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Analy$l$ of net 0$$gts betW99n funds Icontlnugdl Unrestricted funds 2023 Rg$trict9d funds 2023 Totsl 2023 At 31 March 2023- Tangible assets General funds 224,854 83,572 224,854 115,420 31,848 308,426 31,848 340,274 18 Related party transactlons There were no disclosable related paty transactions during the year12023 - none). 19 Cash generated from operations 2024 2023 Surplus for the year 55,847 79,272 Adjustments for". Depreaation and impairment of tangible fixed assets 7,972 1,753 Movements in working capital.. {Increasel in debtors IDecreasellincrease in creditors 11,5101 14381 2,871 Cash generated from operations 61,871 83,896 20 Analysis of changes in net funds At 1 April 2023 Ca$h flowsAt 31 Mar¢h 2024 Cash al bank and in hand 122,541 10,820 133,361 Loans falling due within one year 14,2501 4,250 118,291 15,070 133,361 15-
2024 Amended Final Accounts for Signature - Meadowside Charity Newton Abbot and District Final Audit Report 2025-01-31 Created.. 202M1-31 By.. Ernilie Feaver lernili8.fea¥M@damdls.LY).ukl Status.. &gn8d Transaction 10.. C8JCHBCAAOKl5Zl1Z14WJ19AlAWc2f5we "2024 Amended Final Accounts for Signature - Meadowside Cha rity Newton Abbot and District" History Document Grealed by Emilie Feaver {emilie.feaver@damells.¢o.ukl 2025.01.31 . 9'.05'.49 GMT. IP •Jdress". 81.133.168.32 . Document emailed lo ac¢ounts@meadowSecharity.¢o.uk for signalu 2025-01-31- 9..07.'19 GMT Email viewed by accounls@meadowsidecharity.co.uk 2025.01.31 . 9..07..39 GMT. IP addre55'. 104.47.85.62 Signer accounts@meadowsidecharty.co.vk entered name at signing as Lynn McElheron 2025.01.31 . 9..09..Q2 GMT. IP address.. 82.34.182.77 Docurnenl e-signed by Lynn McElheron lac¢ounls@rneadowside¢harity.co.ukl Snatu Date.. 202&01-31- 9.'09.'04 AM GMT- Swrf*." IP ldr.. 82.34.182.77 Agreement completed. 2025-01-31- 9.'09.'04 AM GMT Adobe Acrobat Sign