OpenCharities

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

2022-10-31-accounts

Reference and Administrative
Details		 Reference and Administrative
Details		 4to5
Trustees'
Report		 6to 11
Statement
of Trustees'		 Responsibilities 12
Independent
Examiner's		 Report 13
Statement
of Financial		 Activities 14
Balance Sheet 16
Notes to the Financial Statements 17to 25

Recognised
 Gains and Loss es)
Unrestricted Restricted Total
funds funds 2022
2022 Note
Income and Endowments from:
Donations,
Grants		 and Legacies 8,034 5,069 13,103
Charitable
activities		 5,830 5,830
Trade Subscriptions 15,973 15,973
Investment
income		 1,649 1,649
Total Income 31,486 5,069 36,555
Expenditure
on:
Charitable
activities		 48,685 4,238 52,923
Total Expenditure (48,685) (4,238) (52,923)
Net (expenditure)
/		 income 17,199 831 16,368
Net movement
in funds		 (17,199) 831 (16,368)
Reconciliation
offunds
Total funds
brought		 forward 230,594 11,140 241,734
Total funds carried forward 18 213,395 11,971 225,366

(Including
Incom
and Losses)		 e and Expenditure Account a nd Statement o fTotal Recogni sed
Gains
Unrestricted Restricted Total
funds funds 2021
2021 Note
Income and Endowments from:
Donations
and legacies		 5,264 12,707 17,971
Charitable
activities		 638 638
Trade Subscriptions 15,628 15,628
Investment
income		 518 518
Total Income 22,048 12,707 34,755
Expenditure
on:
Charitable
activities		 49,516 8,317 57,833
Total Expenditure (49,516) (8,317) (57,833)
Net (expenditure)/income 27,468 4,390 23,078
Net movement
in funds		 (27,468) 4,390 (23,078)
Reconciliation
offunds
Total funds brought forward 258,062 6,750 264,812
Total funds carried forward 18 230,594 11,140 241,734

Balance She et —3 1st October 2022
2022 2021
Note
Fixed assets
Heritage assets 13 4,220 4,220
Current assets
Debtors 14 15,868 17,962
Cash at bank and in hand 213,346 228,181
229,214 246,143
Creditors: Amounts falling due within one year 15 5,906 7,004
Net current assets 223,308 239,139
Total assets less current liabilities 227,528 243,359
Creditors: Amounts falling due after more than one year 16 2,162 1,625
Net assets 225,366 241,734
Funds ofthe charity:
Restricted funds 11,971 11,140
Unrestricted
funds		 213,395 230,594
Total funds 18 225,366 241,734

Depreciation
and amorti		 Depreciation
and amorti		 sation sation
Depreciation
is provided
estimated
residual
value,		 on tangible
fixed
over their expected		 assets so as to
useful economic		 write
off the cost or valuation,
life as follows:		 less any
Asset class Depreciation method and rate
Furniture
and office equipment		 25% reducing balance
Library shelving 10%reducing balance
Exhibition
stand		 25% reducing balance
Trophies,
relics and		 collections Nil

3 Income from donations, legacies and grants
Unrestricted Restricted Total Total
General fund funds 2022 2021
Donations and legacies;
Donations from individuals 6,034 5,069 11,103 17,971
Legacies 2,000 2,000
8,034 5,069 13,103 17,971
4 Income from charitable activities
Unrestricted Total Total
General fund 2022 2021
f.
Event income 5,830 5,830 638
Unrestricted Total Total
General fund 2022 2021
15,973 15,973 15,628

6
Investment
income
Unrestricted Total Total
General fund 2022 2021
Interest 1,649 1,649 518
7
Expenditure
on charitable		 activities
Unrestricted Restricted Total Total
General fund funds 2022 2021
Grants and awards 9,891 9,896 14,094
Cost of Digest 11,000 11,000 10,910
Web site project 3,498 3,498 3,528
Red Wheel Heritage Scheme 5,266 4,233 9,499 9,680
Event/Raffle
costs		 5,774 5,774 623
Spend on no 3 project 6,000
Support costs (Note 8) 11,323 11323 11,146
Governance
costs (Note 8)		 1,933 1,933 1,852
48,685 4,238 52,923 57,833

Support costs allocated to Support costs allocated to Support costs allocated to charitable activities
Other support Total Total
costs 2022 2021
Management
expenses 100'/o 1,735 1,735 1,399
Rent payable 100'/o 6,512 6,512 6,609
Stationery,
postage
and telephone 100'/o 1,433 1,433 1,119
Insurance 100'/o 464 464 464
Computer
and
website costs 100'/o 483 483 673
Advertising 100'/o 696 696 882
11,323 11323 11,146
Governance costs
Unrestricted General Total Total
fund 2022 2021
Examination
ofthe
financial
statements		 1,920 1,920 1,799
Other governance costs 13 13 53
1,933 1,933 1,852
9Net (expenditure) / income
Net (expenditure) / income for the year includes:
2022 2021
Independent
examiner's fee		 1,920 1,799

12Tangible fixed assets
Furniture and
office Library Exhibition
equipment shelves stand Total
Cost
At 1 November
2021		 4,882 2,757 200 7,839
At 31 October 2022 4,882 2,757 200 7,839
Depreciation
At 1 November
2021		 4,882 2,757 200 7,839
At 31 October 2022 4,882 2,757 200 7,839
Net book value
At 31 October 2021
At 31 October 2022
13Heritage assets
Cost
At 1 November
2021
At 31 October 2022
Depreciation
At 1 November
2021
At 31 October 2022
Net book value
At 31 October 2021
At 31 October 2022
Trophies,
relics and
collections Total
4,220 4,220
4,220 4,220
4,220 4,220
4,220 4,220

14Debtors
2022 2021
Prepayments 1,000
Subscriptions 280 100
Accrued income 88 62
Other debtors 14,500 17,800
15,868 17,962

15Creditors: amo u nts falling due within one year
2022 2021
Funds due to RHRP 53 53
Accruals 3113 3,237
Subscriptions/fees paid in advance 2,740 3,714
5,906 7,004
16Creditors: amounts falling due after one year
2022 2021
Subscriptions/fees paid in advance 2,162 1,625
2022
Deferred
income at		 1 November 2021 1,625
Resources deferred in the period 1,000
Amounts
released		 from previous periods
Deferred
income at		 31 October 2022 2,162

Total future minimum
lease payments
under non-c		 ancellable
operating
leases are as follow		 s:
2022 2021
Land and buildings
Within one year 1,500 1,500

18Funds
Balance at 1 Incoming Resources Balance at 31
November 2021 resources expended October 2022
E
Unrestricted funds
General 230,594 31,486 48,685 213,395
Restricted funds
Friends of Number 3 11,140 831 11,971
Other donations 4,238 4,238
Total restricted funds 11,140 5,069 4,238 11,971
Total funds 241,734 36,555 52,923 225,366

Balance at 1 Balance at 1 Incoming Resources Balance at 31
November 2020 resources expended October 2021
Unrestricted
funds
General 258,062 22,046 49,514 230,594
Restricted funds
Forest of Dean Fund 500 (500)
Friends of Number 3 6,250 10,890 (6,000) 11,140
Other donations 1,817 1,817
Total restricted funds 6,750 12,707 8,317 11,140
Total funds 264,812 34,753 57,833 241,734

Unrestricted
General Restricted
Funds Funds Total Funds
2022 2022 2022
Heritage assets 4,220 4,220
Current assets 217,243 11,971 229,214
Current liabilities (5,906) (5,906)
Creditors over 1 year 2,162 2,162
Total net assets 213,395 11,971 225,366
Unrestricted
General Restricted
Funds Funds Total Funds
2021 2021 2021
Heritage assets 4,220 4,220
Current assets 235,003 11,140 246,143
Current liabilities (7,004) (7,004)
Creditors over 1 year 1,625 1,625
Total net assets 230,594 11,140 241,734

ncome and expendi ture
a		 ccount for the year ended 3 1October 2022
2022 2021
Recurring
income
Subscriptions 15,973 15,628
Donations
- unrestricted		 3,041 2,093
Donations —restricted no 3 831 10,890
Donations —restricted other 4,238 1,817
Income Tax recovered 2,993 3171
Visits and meetings 5,830 638
32,906 34,237
Non-recurring
income
Legacies - restricted 2,000
Grants
34,906 34,237
Expenditure
Grants, awards,
POTY		 9,891 13,584
Grants and awards
restricted		 funds 5 510
Management
expenses		 1,735 1,399
Property costs 6,512 6,609
Stationery,
postage, telephone		 1,433 1,119
Governance 1,933 1,852
Cost of Digest 11,000 10,910
Web site project 3,498 3,528
Web site restricted
funds
Insurance 464 464
Information
Technology		 483 673
Advertising
and Marketing		 696 882
Red Wheel 5,266 7,873
Red Wheel restricted funds 4,233 1,807
Visits, meetings 5,774 559
Spend on No 3 restricted 6,000
Raffle costs 64
(52,923) (57,833)
Operating
(Deficit)		 (18,017) (23,596)
Bank Interest receivable 937 28
Loan Interest receivable 712 490
(Deficit) for the year (16,368) (23,078)
Comprising:
Restricted funds 831 4,390
Unrestricted
funds		 (17,199) (27,468)