Ymddiriedolaeth Harri Tudur Henry Tudor Trust Town Hall, Main Street, Pembroke SA71 4JS
Report and Financial Statements
For the Year Ended 31[st] March 2023
Registered Charity Number 1194162
Henry Tudor Trust
Report and Financial Statements For the Year Ended 31st March 2023
Legal and Administrative Information
Report of the Management Committee
Statement of Financial Activities
Henry Tudor Trust
The Trusteed present their Report and Financial Statements for the Year Ended 31st March 2023
Legal and Administrative Information
Charity Name: Henry Tudor Trust Charity registration number: 1194162 Registered Office address:
Town Hall, Main Street, Pembroke SA71 4JS
Trustees :
Name Position Date Appointed Mr E. J. Williams Chair 20 April 2021 Mr B. W. Scourfield Treasurer 20 April 2021 Mr R. J. Evans Trustee
Report of the Management Committee
Our Aims and objectives
Purposes and Aims
Our Charity’s purpose is to raise awareness of Pembroke as the birthplace of Henry VII and to advance the education of the public in the Welsh heritage of the Tudor dynasty, in particular, but not exclusively, by developing a Henry Tudor Centre in Pembroke.
Current Progress
We were unable to prepare a business plan that would satisfy Pembrokeshire County Council or potential grant funders as to our financial viability. AS a result, Pembrokeshire County Council undertook a procurement exercise to try to attract a commercial operator to undertake the scheme development. Unfortunately, this was unsuccessful.
As a result, The Trust has restructured itself appointing a new Trustee followed by the resignation of most of the previous Trustees. The Trust has submitted a new business plan which acknowledges the deficits in the first years of the project and identified a potential source of funding to cover it. This now awaits agreement with Pembrokeshire County Council.
Statement of Financial Activity
SOFA Year Ended 31 March 2023
| UNRESTRICTE | RESTRIC | ||
|---|---|---|---|
| D | TED | TOTAL | |
| FUND | FUND | ||
| RECEIPTS | |||
| £ | |||
| 22,700.0 | £ | ||
| Grants | 0 | 22,700.00 | |
| £ | £ | ||
| £ | 22,700.0 | 22,700.0 | |
| - | 0 | 0 | |
| PAYMENTS | |||
| -£ | |||
| 22,760.0 | -£ | ||
| Professional Fees | 0 | 22,760.00 | |
| -£ | -£ | ||
| Website | 120.00 | 120.00 | |
| -£ | -£ | ||
| Bank Charges | 60.00 | 60.00 | |
| £ | |||
| - | |||
| **-£ ** | **-£ ** | ||
| -£ | 22,760.0 | 22,940.0 | |
| 180.00 | 0 | 0 | |
| NET Funds before internal | -£ | -£ | -£ |
| transfers | 180.00 | 60.00 | 240.00 |
| -£ | £ | £ | |
| Transfers | 60.00 | 60.00 | - |
| NET Funds after internal | -£ | £ | -£ |
| transfers | 240.00 | - | 240.00 |
| £ | £ | £ | |
| FUNDS b/d 01/04/2022 | 865.00 | - | 865.00 |
| £ | £ | £ | |
| FUNDS c/d 31/03/2023 | 625.00 | - | 625.00 |
| £ | |||
| National Heritage | Lottery | 9,800.00 | |
| £ | |||
| Enhancing Pembrokeshire | 12,900.00 | ||
| Part of initial development of the Henry | |||
| Tudor Centre | |||
| FUND balances represented | |||
| by | |||
| Current | £ | ||
| Account | 625.00 |
WINGRAVE COMMUNITY ASSOCIATION 2022-23
Registered Charity Number 265412
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31st MARCH 2023
Page 1
WINGRAVE COMMUNITY ASSOCIATION 2022-23
BALANCE SHEET
at 31 March 2023
| Notes FIXED ASSETS 11 Leasehold premises Furniture and fittings Total fixed assets CURRENT ASSETS Stock 7 Trade Debtors 10 Prepayments 10 HSBC Bank account Cash in hand 8 Stripe Virgin Money account COIF deposit account Total current assets Less:CURRENT LIABILITIES Creditors and accruals 9 Future Liabilities - Bounce Back 12 REPRESENTED BY: ACCUMULATED FUND As at 1 April 2021 Surplus/(deficit) for the year At 31 March 2022 RESERVE FUNDS Major Repairs 18 _____ _____ Date __________ |
2023 2022 £ £ £ £ 3,023 3,313 13,291 11,964 16,314 15,277 4,291 3,276 840 1,279 323 371 1,979 17,261 250 250 45 45 4,050 18,371 37,928 12,016 49,706 52,869 2,675 2,422 2,675 2,422 £63,345 £65,724 10,456 £13,210 52.889 52514 32,514 30,384 375 2,130 32,889 32,514 20,000 20,000 52,889 52,514 Hon. Chairman Hon. Treasurer |
|---|---|
The notes of pages 4 to 9 form part of these Financial Statements
Page 2
WINGRAVE COMMUNITY ASSOCIATION 2022-23
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023
| Notes INCOME Membership subscriptions Donations Deposits Parish Council Interest received Facilites and Bar Service Community Centre hire fees ( net - refunds) Social events (net) 13 Trading - bar (net) 14 PV panels EXPENDITURE Community Centre rent and rates Community Centre cleaning Community Centre energy and water Telephone & broadband Community Centre repairs and maintenance Administration including insurance, PRS, Postie Vision 2020 Credit card facility+fees=interest Communiqué (net) 16 Wingrave and Rowsham Directory Donations Events Costs Community grants 3 Depreciation 11 (EXCESS OF EXPENDITURE OVER INCOME) Transfer to Major Repairs Reserve Fund 18 SURPLUS/(DEFICIT) FOR THE YEAR |
2023 2022 £ £ £ £ 942 2,404 45 11,055 (100) 1,600 5,000 5,000 504 25 2,438 120 18,553 9,446 18,737 6,089 3,389 2,469 1,356 1,002 50,864 39,210 211 211 11,457 10.071 9,046 4,212 934 751 12,710 2,920 2,371 2,195 0 0 2,026 1,130 8,575 2,021 288 272 848 506 0 390 0 0 2,023 2,401 50,489 27,080 375 12,130 0.0 10,000 375 2,130 |
|---|---|
Page 3
WINGRAVE COMMUNITY ASSOCIATION 2022-23
NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
1. Accounting policy
The following accounting policies have been used consistently in dealing with items which are considered material in relation to the charity's financial statements:
Basis of accounting
The financial statements have been prepared in accordance with Financial Reporting Standard for Smaller Entities and follow recommendations in Statement of Recommended Practice - Accounting by Charities.
Covenants and donations
These comprise amounts receivable during the year.
Income tax recovered (Gift Aid Refund)
These comprise tax recoverable on covenants and donations.
Value added tax
The charity is not registered for value added tax. The figures in these accounts are therefore inclusive of value added tax where applicable.
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| 2. Trustees | £ | £ | |||
| Remuneration and other benefits paid to trustees | None | None | |||
| Transactions undertaken in which a trustee has a | |||||
| material interest | None | None | |||
| 3. Community Grants (Grants to Institutions) | |||||
| Grants made this year are: | 0 | 0 |
4. Endowments and Restricted Funds
None
5. Investment Assets
None
Page 4
WINGRAVE COMMUNITY ASSOCIATION 2022-23
NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
| 6. Paid employees None 7. Stock This represents stock for use at social and other events 8. Cash No petty cash is held. Cash floats for social events. 9. Creditors and Accruals Christmas Ball funds rearranged for 21/5/22 Tony Horne Dayla Vision 2020 EDF HERTS CC Bucks CC Worldpay HSBC Lynne RoxbeeCox Penny Dell Smashing Windows 10. Debtors and Prepayments Players -Panto Bar/Credit card payments Membership Fees India Loddy Microtricity Singalong with Gwen ZKS Martial Arts PPL/PRS Licence 4/1/21 to 3/1/22 (prepayments) Almar paid twice for Directory (prepayment) |
2023 2022 £ £ 4,291 3,276 £ £ 250 250 £ £ 0 1,135 0 57 0 167 0 1,021 362 11 197 0 31 31 62 0 11 124 12 1,875 |
|---|---|
| 2,674 2,422 |
|
| 2023 2022 £ £ 0 511 0 394 153 375 42 0 359 0 122 163 0 323 99 0 272 |
|
| 1,162 1,650 |
Page 5
WINGRAVE COMMUNITY ASSOCIATION 2022-23
NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
11. Tangible fixed assets and depreciation Depreciation is charged in the accounts to write off the value of fixed assets over their effective lifetime.
Furniture and fittings
| Furniture and fittings | £ | £ |
| Reducing balance at 15% per year | ||
| Cost at 1 April 2022 | 44,733 | |
| Additions: | ||
| Wireless Microphone | 86 | |
| CCTV Camera | 132 | |
| Mixer Channel | 431 | |
| Samsung Air Con | 2400 | |
| Ice Machine | 120 | |
| 3 x Fans | 182 | |
| 3.351 | ||
| Total cost at 31 March 2023 | 48,084 | |
| Less depreciation at 31 March 2022 | 0 | |
| 15,314 | ||
| Depreciation for 2022-23 | (2,023) | |
| Net book value at 31 March 2023 | 13,291 | |
| Leasehold premises | ||
| Flat rate at 2.2% per year | ||
| Cost (excluding £4,500 grant received in 1973-4) | 17,658 | |
| Less depreciation at 31 March 2022 | (14,345) | |
| 3,313 | ||
| Depreciation for 2022-23 | (290) | |
| Net book value at 31 March 2023 | 3,023 | |
| 12. Bounce Back Loan | ||
| This loan is Government backed and payable over 10 years | 10,456 |
13. Social events
| Social events Barbecues net income Bingo net income Other social events and events bars net income |
£ 6,599 157 11,351 |
| 18,107 |
Page 6
WINGRAVE COMMUNITY ASSOCIATION 2022-23
NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
| 14. Trading - bar This figure is the net income from bar sales for private events, all other bar net income has been allocated to the associated social event. 15. Gross income and expenditure Income Expenditure 16. Communiqué Production costs Less advertising revenue (Cost)/surplus 17. Major Repairs reserve fund Brought forward from 2021-22 Transfer for year Balance at 31 March 2023 18. General cash reserve The general cash reserve is the net amount of current assets excluding stock, less current liabilities and the amounts allocated to reserve funds. Current assets less stock less current liabilities Less Future Libilites less Major Repairs fund Balance at 31 March 2023 Several items of income and expenditure are reported net in the Income and Expenditure account. The total gross income and gross expenditure for the Association is: This fund was established in 2006 to accumulate sufficient funds to pay for major repairs or works which cannot be funded from annual income, for example replacing the heating system, refelting the flat roofs, refurbishin the kitchen etc |
2023 2022 3,389 2,469 2023 2022 88,476 59,537 95,554 47,353 £ £ (13,419) (6947) 4,556 4,654 |
|---|---|
| (8,863) (2,293) |
|
| £ 20,000 0 0 20,000 £ £ 49,706 52,689 (4,292) (3,276) (2,675) (2,422) (10,456) (13,210) (20,000) (20,000) |
|
| 12,283 13,781 |
Page 7
WINGRAVE COMMUNITY ASSOCIATION 2022-23
NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023
| NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023 | |
|---|---|
| 19.. Wingrave Players WCA holds the funds belonging to Wingrave Players in a separate account with COIF. This money does not form part of WCA assets and does not form part of these accounts. The movements of funds in this account are: Brought forward from 2021-22 Interest Carried forward to 2022-23 |
2023 2022 £ £ 2,418 2,417 1,155 0 45 1 |
| 3,618 2,418 |
Page 8
WINGRAVE COMMUNITY ASSOCIATION 2022-23
BANK ACCOUNTS RECONCILIATION AT 31 MARCH 2023
| HSBC current account Less unpresented payments SMASHING WINDOWS WORLDPAY PENNY DELL LYNNE ROXBEE COX HSBC HERTS CC EDF BUCKS CC Add uncredited deposits: PPL/PRS Licence 4/1/23 to 3/2/24 (prepaymen) India Loddy ZKS MICRTRICITY MEMBERSHIP FEE Singing Gwen Balance per cash book: 31st March 2022 Total receipts Total payments Balance per cash book: 31st March 2023 Virgin Money Charity Deposit account Balance per cash book: Total receipts Interest Total payments COIF Charities Deposit Fund account Balance per cash book: Total receipts Interest Total Receipt COIF Deposit account (Wingrave Players) Receipts Interest |
£ £ 3,492 1875 62 12 124 11 197 362 31 817 323 42 163 359 153 122 1,162 1,979 18,033 123,954 138,790 3,492 18,371 679 18550 500 12,016 454 25,458 37,928 2,418 1155 45 3,618 |
£ £ 3,492 1875 62 12 124 11 197 362 31 817 323 42 163 359 153 122 1,162 1,979 18,033 123,954 138,790 3,492 18,371 679 18550 500 12,016 454 25,458 37,928 2,418 1155 45 3,618 |
|---|---|---|
| 1,979 | ||
| 18,033 123,954 138,790 |
||
| 3,492 | ||
| 18,371 679 18550 |
||
| 500 | ||
| 12,016 454 25,458 |
||
| 37,928 | ||
| 2,418 1155 45 |
||
| 3,618 |
Page 9
WINGRAVE COMMUNITY ASSOCIATION 2022-23 Page 10
WINGRAVE COMMUNITY ASSOCIATION 2022-23 Page 11
WINGRAVE COMMUNITY ASSOCIATION 2022-23 Page 12
WINGRAVE COMMUNITY ASSOCIATION 2022-23 Page 13
CHARITY COMhllSSION FOR ENGLAM) AND WALES Independent examinerfs report on the accounts Seetion A Independent Examiner's Report R•port to th• tru•tee• Chap,ty Naff Ssoci On accounts for tho y ended Charlty no (If any) 2ts¥1 PJOt out on pag•s (runl ID tkgge nurnce of adOrt10ry81 shfretsl I rerth to the truste8s on my exwnination of the aUnts of the al0 charity (Ihe Tnjsf) for the year ended II'. Y7Yf. Rogpomlblllues and basis of report As the tharitys trustees. are resrMxtsibl8 for th8 waparation of the accounts in aCCaxdan with the rwuiremwts of the Charities Acl 2011 I report in resped of my exarnination of the Trusvs aunts Carried out under seraion 145 of the 2011 Act and in r2rrying out my examinatson, I have followed all the appluble Directions given by the Charity Commiss under se(*ion 145(5Xb) of the A( Independent tThe charivs gross inc¥)me exceeded £250.000 and l am qualffied to oxarnlnorfs slatement undertake the examination by Ing a qualifi&l member of [insert name of applicabl8 Ik8ted b]]. D818tg [ ] rfnot 8ppIic8bl8. I have (x)mpleted my 8x8minalion. l (x)nfirm that no material matt8rs hav6 me to my attention in LX)nneciion th the examination (other than that disclosed beltr ') Ythich gives me c2US8 to believe that in. any material the aco)unting records were not kept in ac(y)rdarTh V•ith section 130 of the Charities A(X; or the accounts dKI not ac£onl with the aLtA)unting records: or the ac(x>unts did not comp4y with the applicable wuirements cOnMil¥j the form and ntent of accounts set out in the Chariiies (Acwunts and Reports) Regulations 2008 othèr than any requirement that the acts)unts give a Irue and fair view ¥vhich is not a matter consKlered as part of an indep8rthnt examinat1. I haNp rK) (x)nr£rns and have o)me aosS rn othw matters in cnned10n Wtth the exarnination to whith attention shoukl be dra in this rert in order to enable a proper understanding of the acc¥)unts to be reached. 8se deth the in the t)rn¢kets rf they do not apply. Slgnod: I Relevant professlonal qualrfication(•) or body ACA ro IER Oct 2018
(rf any): LiJ3É Section B Disclosu Only complete rf th8 8xaminef needs to hh1h1 matèrial tnatlers of conrn (see CC32. Independerrt examination of charity accounts.. directions and guidanc* examiners). Givo here brfef d•tails of any Items that tho examiner WISh to dlsclosa. ONÉ IER Oct 2018