2023-03-31-accounts - Dacorum Community Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

1	Detailsof Charity,Advisers and Trustees
2-7	Trustees'Repoft
8	Chairman'sReport
9	IndependentExaminer's Report
10	StatementofFinancialActivities
11	Balance Sheet
L2-t7	Notesto theFinancial Statements

Chairman	Tony	Williams
Vice-Chairman	Sue	Pesch
Treasurer	Mike	Edis
	Geoffrey	BuddMBE
	John	Carlton-Ashton
	Helen	Cook
	Claire	Furnell-Williams
	Stuaft	Wesley
	Paul	Thomas

	Note	Unrestricted	Restricted	2fJ23		2022
		Funds	Funds	Total		Total
		E	g.	E		E
INCOMINGRESOURCES
Incomingresources
fromgeneratedfunds	2
Donations		53,410	113,047	L66,457		178,075
Activitiesforgenerating funds		L4,907		14,907		8,718
Investmentincome
Interest/DividendsReceived		4,487		4,481		4,773
TOTALINCOMINGRESOURCES		77,798 113,047		185,845		131,566
RESOURCES EXPENDED
Costsofgenerating funds		(5,803)		(5,803)		(6,002)
Charitableactivities	3	(86,001)	(81,656)	(t67,657)	(117,800)
Governance costs		(1,860)		(1,860)		(1,680)
TOTALRESOURCES EXPENDED		(93,664)(81,656)		(175,320)	(125,482)
NET(OUTGOTNG)/TNCOMTNGRESOURCES		(20,866) 31,391		10,525		6,084
BEFOREOTHER RECOGNISEDGAINS	AND
LOSSES
Other recognised gains andlosses:
Gain/(loss)oninvestments	5	(7,462)		{7,462)		7,37L
NET MOVEMENTINFUNDS		(28,328)	31,391	3,063		13,455
BalanceBroughtForwardat1April2022		L36,784	85,549	227,333		208,878
Balance Carried Forwardat 31March 2023	10	108,456	L$,944	225,396		222,333

			2073		2A22
	Note	E	E	E	E
FIXEDASSETS
Investments
Stocksandshares	5		196,389		160,851
Equipment	6		2,404		3,727
			L98,793		164,578
CURRENTASSETS
Debtors andPrepayments	7	2,995			1,525
CashatBankandinHand		33,693		61,827
	--5FEd'			63,352
CURRENTLIABILTruES
Creditors	I	9,985			5,597
NET CURRENTASSETS			26,603		57,755
NET ASSETS			225,396		ru
CAPITAL ANDRESERVES
UnrestrictedFunds	9110		108,456		136,784
RestrictedFunds	9110		116,940		85,549
TotalFunds	9r 10		225,396		222,333
Forand on behalf of the Trustees
Date:['/tufAuu*a-l2A24			T Williams
	,4(-,-tl1*"-"		Chairman
			MEdis
			Treasurer

INCOME
	Unrestricted	Restricted	2023	2022
			Total	Total
Donations Berkhamsted Rotary	t	t 3,000	e. 3,000	:
BerkhanrstedTownCouncil				1,500
CaritasFund		2,000-	2,000	2,000
CommuniryActionDacorum				6,000
Dacorum Borough Council-HCC	10,500	94,500	105,000	73,500
Gituinkind	L2,976		12,976	1,309
Just Giving	6		6
Hemel Hempstead Rotary	2,830		2,830	2,000
HertsCommunityFoundatlon		5,000	5,000	8,789
HCCLocality Budget	B7B	7,897	8,775
NationalLottery (Contribution to Staffcosts)				10,000
ThroughFlow Grants		650	650	1,840
Other
Investment Income
			2023	2022
			E	E
Interest/Dividends			4,48I	4,773
			4,48t	4,773

TOTALRESOURCES EXPENDED
	Staff		O'ther Support		2023
202212023	CostsDirectCosts CE			Costs E	Total e
Costof generating funds			5,803		5,803
Charitable actiyities
Core activities	65,505		t0,874	9,622	86,001
BatchworthTrust			3,375		3,375
Berkhamsted Rotary			3,000		3,000
BerkhamstedTownCouncil			175		L75
BoxmoorTrust			899		899
Caritas			1,313		1,313
CommunityActionDacorum DBCHomeless DBCSingle Childless couples DBCWhiteGoods			1,816 7,920 &6	- - -	1,816 7,924 646
DBC/HCC DBCWindow covering FundingNetwork Greggs Foundation HelptheHomeless HertsCommunityFoundation			51,032 L,445 2,235 648 380 1,865	- - - - - -	51,032 L,445 2,235 tr8 380 1,865
HCCLocality Budget Tesco			3,583 674	-	674
ThroughFlow Grants Governance costs Totalresources expended	65,505 65,505	650 - -E-@@ 1,860 - 100,193 9,622			650 1,860 L75,320
2O2tl2022
Totalresources expended	56,6!8		q0,gl __9H-.__U!,482
	Core	Restricted
	incl, grants		Funds	2023	2022
(Xher directcosbinclude: Grants made Giftsinkinddistributed	698 12,976		78,856	79,554 12,976	51,486 1,309
Reclassification reprior year	(2,800) .874		2,800 81,656	92,530	s2,79s
Support costs include:
AdveftisingandPromotions	824			824
Printing,Postage and Stationery	174			714	,uo
Telephone	1,060			1,060	L,L26
Rent	7,462			L,462	L,962
Insurance	755			755	764
Sundry	403			403	289
Depreciation	2,337			2,337	t,976
Bank charges Governance	180 47			180 47	l"
TrainingandTrusteeStrategy meeting					388
PayrollCosts	446			446	523
ITSupport	1,118			1,11B	750
Website	240			240	110
Afflliation fees,Licences, Conferences etc	36 9,622		*'-	36 9Sn	8,397
Governance costs comprise: IndependentExaminationFees	1859			1,860	1.680

	STAFFCOSTSANDNUMBERS Staffcostswereasfollows: Salaries and vlages		2A23 EE 64,737	2A23 EE 64,737	2A23 EE 64,737	2$22 56,285
	Employer's pension(ontnbutions		65.505			323 55.608
	No employee received emolumentsofmorethan f60,000,
	Notrusteereceivedany remuneration orexpenses,
			2023			2022
	The averageweekly number ofemployeesduring theyear was as follows:		54
	Remunerationofkeymanagementpersonnelduring the yearamountedto
	2023:[22,10AQ022:f20,202).
5	INVESTMENTS
	Stocks and shares		2023			2922
			g			E
	Asat1April2022		160,851			163,480
	Additions		6s,000
	Disposals Revaluationgain/(loss) At 31March 2023		(22,000) (7,462) 196,389			(10,000) 7,377 160,851
		At		At
		31 March 2023	31 March		2022
		MV	Cost MV			Cost
		f.	E E			g
	COIF investments	196,389 774,38t160,851				131,3 16
	Material investinents (beingmorethan5oloby value ofthe portfolio)are:
			c			o/o
	COIF Fixedinterestfrrnd		66,355			21A
	COIFInvestmentfund		130,034			66.2
	Allinvestmentsareincluded intheaccountsatmarket value.
6	TANGIBLE FIXEDASSETS
			Total		Computer
			f		equipment t
	Cost
	Asat1April2022 Addtions At 31lvlarch 2023		6,795 1,014 7809			6,795 1,014 7809
	Depreciation
	Asat1April2022 Chargefor the year		(3,068) (2,337)			(3,068) (2,337)
	At31March 2023		__$l!!}*___lgl9gl
	Net bookvalue
	At 31March 2023 At31March 2022		-----2,4u- ru_	--ry4- ru
7	DEBTORSANDPREPAYMENTS
			2023			2022
			E			E
	Interest andDividends Accrued		1,324			1,130
	OtherDebtors		1,336			160
	Prepayments		235 ------TE			235 1.525
8	CREDITORS
			2023			2022.
			E			G
	Accruals and DeferredIricome		- 9,985 9,985			5,597 5,597

ANALYSISOFITETASSETSBY FUND
			Restricted		2023
CURRENTYEAR	GeneralDesrgnated UnrestrictedFunds			Funds	Total
		E	E	f.	e
Fixed Asset& Investments		31,050	64,198	103,545	198,793
Debtors and Prepayments		f aoq			2,895
CashatBank andinHand		\6,773		17,520	33,693
Creditors DueWithinOne Year		(s,860)		(4,77s)	(9,98s)
and incomein Advance	-----3!,?s8		54,t98	116,940	225.396
			Restricted		2022
PRTOR YEAR	@	UnrestrictedFunds		Funds	Total
		felE
Fixed Asset& Investments Debtors and Prepayments CashatBank andinHand Creditors DueWithinOne Year		9,343 1,365 38,024 (s,se7)	93,649 - -	61,586 160 23,803	t64,578 1,525 61,827 (s,s97)
and Incomein Advance	ru			_ru

CashatBank andinHand Creditors DueWithinOne Year and Incomein Advance MOVEMENTSINFUNDS	38,0 (s,se7) ru		,	61,827 (s,s97) _ru
CURRENTYEAR	AtIncomingOutgoing tApril22ResouncesResourcles EEE	Other Losses E	Transfers E	At 31Harch23 E
Restricted funds:
BatchworthTrust Berkhamsted Rotary BerkhamstedTownCouncil Box MoorTrust Caritas Fund Dacorum Eorough Council Homeless Fund Dacorum Borough Council Single childless couples Dacorum Borough CouncilWindow covering/ inflatablemattresses Dacorum Borough Council/HeftsCounty Council Dacorum Borough CouncilWhitegoods HertfordshireFunding Network Creggs Foundation HelptheHomeless HertsCommuniby'Foundation HCCLocality Tesco (CovidlGroundworks) ThroughFlow Grants	3,438-(3,375)-63 - 3,ooo (3,000) 1,342-(175)-1,167 3,019 (899) 1,944 2,000 (1,313) 1,816 - (1,816) 79,173-{7,92A)-11,253 1,445 - {1,445) 48,789 94,s00 (51,032) 646 - (646) 2,235 (2,235) 648 - (648) 380 - (380) - s,000 (1,86s) - 7,897 (3,583) 674 - (674) - 6s0 (6so)		-	2,720 7,63t 92,257 3,13s 4,314
Total restrictedfunds	ss,s4s--"16i4, ts16s6)--	-	-	110940
Unrestricted funds: Generalfunds	43,135 72,798 (93,664)	(7,462)	79,451	44,258
Designatedfunds	93,649		(29,4s1)	64,198
Total unrestrlctedfunds	116 lPA /)/9t\|

MOVEMENTSil{FUNDS (COI{TTNUED) PRIORYEAR	AtIncoming IApril21Resourcs s.E	AtIncoming IApril21Resourcs s.E	Outgoing Resour€es E	Other Losses E	Transfers t	At 31 March 22 e
Restrictedfunds:
BatchworthTrust	3,]26		(288)			3,438
Berkhamsted Rotary	2,9_9A		(2,990)
BerkhamstedTownCouncil		1,500	(1s8)			t,342
Box MoorTrust	5,487		(7,468)			3,019
CommunityActionDacorum		6,000	(6,000)
Caritas Fund	849	2,000	(e0s)			1o,44
Dacorum Borough Council Homeless Fund	f70i		(e7s)			1,816
Dacorum Borough Council Single childless couples	2!,066		(1,893)			19,\73
Dacorum BDrough Councilwindow coveringl inflatablemattresses	3,000		(1,sss)			7,445
Dacorum Borough Council/HeitsCounty Council		66,150	(17,361)			48,789
Dacorum Borough CouncilWhitegoods	1,800		(1,1s4)			b4b
HertfordshireFundinq Network	3,435		(1,200)			2,235
Greggs Foundation	1,850		(L,202)			648
HelptheHomeless	1,089		(70e)			380
HertsCommunilyFoundation	447	7,500	Q,9A7)
Tesco (Covid/Groundworks)	1,049		(37s)			674
ThroughFlow Grants		1,840	(1,840)
Total restrictedfunds	49,539	84,990	(48,980)			85,549
Unrestrictedfundsl Generalfunds	41,800	46,576	(76,502)	7,37L	23,890	43,135
Designatedfunds	117,539				(23,890)	93,649
Total unrestricted funds						:---16-,E4-
Purposesof restrir*edfundsr
Batchu,orBrTrust