**REGISTERED CHARITY NUMBER: 281959** ## **Report of the Trustees and** ## **Financial Statements** **for the Year Ended 30 April 2023** ## **for** ## **Kings Tamerton Community Association** Sheppards Accountants Limited 22 The Square The Millfields Plymouth Devon PL1 3JX **Kings Tamerton Community Association** ## **Contents of the Financial Statements for the Year Ended 30 April 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|11| |**Detailed Statement of Financial Activities**|12|to|13| **Kings Tamerton Community Association** ## **Report of the Trustees for the Year Ended 30 April 2023** The trustees present their report with the financial statements of the charity for the year ended 30 April 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 281959 ## **Principal address** Newton Avenue Kings Tamerton Plymouth Devon PL5 2BH ## **Trustees** Mrs J Dennis Mrs D Oram Mrs J Boulton Mrs M Jeffery (resigned 9/7/2022) Mr C Lynch (resigned 1/8/2022) Mr J Neale Mrs M Jeffery (appointed 20/9/2022) Mr C Hanwell (appointed 20/9/2022) Mrs C Greep (appointed 3/5/2022) Mrs L Damarell (appointed 3/5/2022) (resigned 27/2/2023) Mrs A Romanski (appointed 24/1/2023) Mrs K Gillard (appointed 24/1/2023) HOLDING TRUSTEES The Holding Trustees who served the charity during the year were:- Mr T Taylor Mr D Winters ## **Independent Examiner** Sheppards Accountants Limited 22 The Square The Millfields Plymouth Devon PL1 3JX ## **Bankers** Lloyds TSB 8 Royal Parade Plymouth Devon PL1 1DS Page 1 **Kings Tamerton Community Association** ## **Report of the Trustees for the Year Ended 30 April 2023** ## **TRUSTEES' REPORT** ## ACTIVITIES Since Covid-19 restrictions were lifted on 22 February 2022, we were gradually able to bring in more activities at the club although members of the public were nervous about venturing out. The Monday evening bingo sessions continue to be held, during which we hold a raffle and sell 'lucky number cards' to raise funds for the centre. Tea/coffee and refreshments are served in the interval. The regular Thursday coffee mornings including bingo session and refreshments continue to be successful. We were able to hold Table Top Sales and other similar activities. We held various events including Fun Day, Easter Party, Christmas party and celebrating the Kings Coronation. We tried introducing Roast Dinners on a Sunday, but unfortunately this was not successful and it was decided to stop this service. ## USE OF FACILITIES We are now receiving rent from Whist Club, Musketeers, Music of the Night, Nut Rockers. ## OTHER MATTERS We have now installed a Disabled Access to the club. We received the following Grants:- - £300 Plymouth City Councillors Grant towards the Funday - £500 Plymouth City Council towards celebrating the Kings Coronation. - £500 North Yard Trust for over 60's meal Approved by order of the board of trustees on 3 December 2023 and signed on its behalf by: Mrs J Dennis - Trustee Page 2 **Independent Examiner's Report to the Trustees of Kings Tamerton Community Association** ## **Independent examiner's report to the trustees of Kings Tamerton Community Association** I report to the charity trustees on my examination of the accounts of Kings Tamerton Community Association (the Trust) for the year ended 30 April 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. I have no concerns 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 accounts to be reached. Mr Ian Sheppard Sheppards Accountants Limited 22 The Square The Millfields Plymouth Devon PL1 3JX 5 December 2023 Page 3 ## **Kings Tamerton Community Association** ## **Statement of Financial Activities for the Year Ended 30 April 2023** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
465
**Charitable activities**
Charitable activities
4,461
Income from non-charitable trading activities
-
Other trading activities
2
21,798
Investment income
3
242
Other income
241
**Total**
27,207
**EXPENDITURE ON**
Raising funds
7,343
**Charitable activities**
Charitable activities
25,264
Management and administration
-
Plymouth City Council Grants - Grants Used
-
Other
15,225
**Total**
47,832
**NET INCOME/(EXPENDITURE)**
(20,625)
**RECONCILIATION OF FUNDS**
Total funds brought forward
246,283
**TOTAL FUNDS CARRIED FORWARD**
225,658|Restricted
funds
£
-
-
1,300
-
-
-
1,300
1,000
-
-
1,550
-
2,550
(1,250)
1,250
-|2023
Total
funds
£
465
4,461
1,300
21,798
242
241
28,507
8,343
25,264
-
1,550
15,225
50,382
(21,875)
247,533
225,658|2022
Total
funds
£
543
4,511
17,150
20,051
17
245
42,517
8,406
18,108
100
-
17,200
43,814
(1,297)
248,830
247,533| |---|---|---|---| The notes form part of these financial statements Page 4 ## **Kings Tamerton Community Association** ## **Balance Sheet 30 April 2023** |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
6
183,109
**CURRENT ASSETS**
Debtors
7
732
Cash at bank and in hand
42,685
43,417
**CREDITORS**
Amounts falling due within one year
8
(868)
**NET CURRENT ASSETS**
42,549
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
225,658
**NET ASSETS**
225,658
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
408
408
(408)
-
-
-|2023
Total
funds
£
183,109
732
43,093
43,825
(1,276)
42,549
225,658
225,658
225,658
-
225,658|2022
Total
funds
£
191,222
1,125
56,048
57,173
(862)
56,311
247,533
247,533
246,283
1,250
247,533| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 3 December 2023 and were signed on its behalf by: Mrs J Dennis - Trustee The notes form part of these financial statements Page 5 **Kings Tamerton Community Association** ## **Notes to the Financial Statements for the Year Ended 30 April 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Financial reporting standard 102 - reduced disclosure exemptions** The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': - the requirements of Section 7 Statement of Cash Flows. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Long leasehold - Straight line over 50 years Fixtures and fittings - 20% Straight Line Computer equipment - 33.3% Straight Line ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 **Kings Tamerton Community Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 April 2023** ## **2. OTHER TRADING ACTIVITIES** |Table top sales and similar activities
Membership Fees
Bingo receipts and raffles
Lucky Numbers
Coffee mornings
Halloween Party
Fun Day
Birthday Party/Reopening Raffle
Easter Raffle Ticket Sales
Roast Takings
**3.**
**INVESTMENT INCOME**
Bank interest receivable
**4.**
**TRUSTEES' REMUNERATION AND BENEFITS**
**Trustees' expenses**
During the year the charity paid expenses totalling £80 (2019 £364).
**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
543
**Charitable activities**
Charitable activities
4,511
Income from non-charitable trading activities
17,150
Other trading activities
20,051
Investment income
17
Other income
245
**Total**
42,517
**EXPENDITURE ON**
Raising funds
8,406
**Charitable activities**
Charitable activities
18,108
Management and administration
100
Other
17,200|2023
£
1,135
5,196
7,040
1,896
6,123
-
111
131
-
166
21,798
2023
£
242
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-|2022
£
378
5,742
5,279
2,124
5,233
271
642
182
200
-
20,051
2022
£
17
Total
funds
£
543
4,511
17,150
20,051
17
245
42,517
8,406
18,108
100
17,200| |---|---|---| Page 7 **Kings Tamerton Community Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 April 2023** |**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**
Unrestricted
funds
£
**Total**
43,814
**NET INCOME/(EXPENDITURE)**
(1,297)
**RECONCILIATION OF FUNDS**
Total funds brought forward
247,580
**TOTAL FUNDS CARRIED FORWARD**
246,283
**6.**
**TANGIBLE FIXED ASSETS**
Fixtures
Long
and
leasehold
fittings
£
£
**COST**
At 1 May 2022
306,760
90,895
Additions
-
2,613
At 30 April 2023
306,760
93,508
**DEPRECIATION**
At 1 May 2022
116,723
89,710
Charge for year
9,502
1,224
At 30 April 2023
126,225
90,934
**NET BOOK VALUE**
At 30 April 2023
180,535
2,574
At 30 April 2022
190,037
1,185
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income|**continued**
Restricted
funds
£
-
-
1,250
1,250
Computer
equipment
£
438
-
438
438
-
438
-
-
2023
£
-
732
732|Total
funds
£
43,814
(1,297)
248,830
247,533
Totals
£
398,093
2,613
400,706
206,871
10,726
217,597
183,109
191,222
2022
£
400
725
1,125| |---|---|---| Page 8 **Kings Tamerton Community Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 April 2023** ## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Bank loans and overdrafts (see note 9)
Other creditors|2023
£
408
868
1,276|2022
£
-
862
862| |---|---|---| ## **9. LOANS** An analysis of the maturity of loans is given below: |Amounts falling due within one year on demand:|2023
2022
£
£| |---|---| |Bank overdrafts|408
-| ## **10. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Plymouth City Council Covid-19
**Restricted funds**
Plymouth City Council
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
North Yard Community Trust
Plymouth City Council
**TOTAL FUNDS**|At 1.5.22
£
221,283
25,000
246,283
1,250
247,533
Incoming
resources
£
27,207
500
800
1,300
28,507|Net
movement
At
in funds
30.4.23
£
£
(20,625)
200,658
-
25,000
(20,625)
225,658
(1,250)
-
(21,875)
225,658
Resources
Movemen
expended
in funds
£
£
(47,832)
(20,625
(500)
-
(2,050)
(1,250
(2,550)
(1,250
(50,382)
(21,875| |---|---|---| Page 9 ## **Kings Tamerton Community Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 April 2023** ## **10. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1.5.21
£
**Unrestricted funds**
General fund
222,580
Plymouth City Council Covid-19
25,000
247,580
**Restricted funds**
Plymouth City Council
1,250
**TOTAL FUNDS**
248,830
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
42,517
**TOTAL FUNDS**
42,517
A current year 12 months and prior year 12 months combined position is as follows:
At 1.5.21
£
**Unrestricted funds**
General fund
222,580
Plymouth City Council Covid-19
25,000
247,580
**Restricted funds**
Plymouth City Council
1,250
**TOTAL FUNDS**
248,830|Net
movement
At
in funds
30.4.22
£
£
(1,297)
221,283
-
25,000
(1,297)
246,283
-
1,250
(1,297)
247,533
Resources
Movement
expended
in funds
£
£
(43,814)
(1,297)
(43,814)
(1,297)

Net
movement
At
in funds
30.4.23
£
£
(21,922)
200,658
-
25,000
(21,922)
225,658
(1,250)
-
(23,172)
225,658| |---|---| Page 10 ## **Kings Tamerton Community Association** ## **Notes to the Financial Statements - continued for the Year Ended 30 April 2023** ## **10. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|69,724|(91,646)|(21,922)| |**Restricted funds**|||| |North Yard Community Trust|500|(500)|-| |Plymouth City Council|800|(2,050)|(1,250)| ||1,300|(2,550)|(1,250)| |**TOTAL FUNDS**|71,024|(94,196)|(23,172)| ||||| ## **11. RELATED PARTY DISCLOSURES** The charity is affiliated with Kings Tamerton Social Club (registered friendly society number 25746R). The club's objects state that it supports the objects, activities and finances of the charity. ## **12. EXCEPTIONAL ITEMS** ## **INCOMING** The charity received the following Grants during the year. These Funds are restricted:- - £300 Plymouth City Councillors Grant towards the Funday - £500 Plymouth City Council towards celebrating the Kings Coronation. - £500 North Yard Trust for over 60's meal The charity gave £4,500 to Kings Tamerton Social Club Ltd to help with bills. Page 11 **Kings Tamerton Community Association** ## **Detailed Statement of Financial Activities for the Year Ended 30 April 2023** ||2023|2022| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|80|372| |Admissions|385|171| |**Other trading activities**|465|543| |Table top sales and similar activities|1,135|378| |Membership Fees|5,196|5,742| |Bingo receipts and raffles|7,040|5,279| |Lucky Numbers|1,896|2,124| |Coffee mornings|6,123|5,233| |Halloween Party|-|271| |Fun Day|111|642| |Birthday Party/Reopening Raffle|131|182| |Easter Raffle Ticket Sales|-|200| |Roast Takings|166|-| |**Investment income**|21,798|20,051| |Bank interest receivable|242|17| |**Charitable activities**||| |Hall Hire|3,851|3,921| |Skittle Hire|260|300| |Whist Club|350|290| |Grants|1,300|17,150| |**Other income**|5,761|21,661| |Sundry income receipts|241|245| |**Total incoming resources**|28,507|42,517| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Rents|2,360|2,950| |**Other trading activities**||| |Bingo supplies|94|604| |Over 60s party costs|-|479| |Fundraising costs|5,889|4,173| |Lucky Number payouts|-|200| ||5,983|5,456| This page does not form part of the statutory financial statements Page 12 **Kings Tamerton Community Association** ## **Detailed Statement of Financial Activities for the Year Ended 30 April 2023** ||2023|2022| |---|---|---| ||£|£| |**Other trading activities**||| |**Charitable activities**||| |Wages|1,644|-| |Rates and water|1,025|652| |Postage and stationery|1,028|329| |Sundries|213|437| |Repairs and renewals|11,797|2,560| |Clearing Drains & Cleaning|489|518| |Fire & security costs|1,459|4,563| |Halloween party|78|132| |Christmas party|495|206| |Fun Day|407|335| |Parties|37|-| |**Other**|18,672|9,732| |Long leasehold|9,502|9,502| |Fixtures and fittings|1,223|698| |Exceptional items|4,500|7,000| |**Support costs**|15,225|17,200| |**Management**||| |Insurance|-|65| |**Governance costs**||| |Insurance|5,847|5,340| |Telephone|1,425|2,207| |Accountancy and legal fees|870|864| ||8,142|8,411| |Total resources expended|50,382|43,814| |**Net expenditure**|(21,875)|(1,297)| |||| This page does not form part of the statutory financial statements Page 13