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2022-03-31-accounts

KINGSBRIDGE AGE CONCERN

FINANCIAL ACCOUNTS

FOR THE YEAR ENDED

31ST MARCH 2022

HELEN SOLOMON LTD CHARTERED CERTIFIED ACCOUNTANTS

ACCOUNTANT'S REPORT

RE; KINGSBRIDGE AGE CONCERN

We have received the records of the above from the Treasurer, for the year ended 31st March 2022. We have verified the correctness of the entries within the accounts.

In our opinion, these accounts show a true and fair view of the Income and Expenditure of Kingsbridge Age Concern for the year ended 31st March 2022, and the Balance Sheet at that date.

Helen Solomon Ltd

Chartered Certified Accountants Unit 4G South Hams Business Park Churchstow Kingsbridge Devon TQ7 3QH

Date: 18th January 2023

KINGSBRIDGE AGE CONCERN INCOME AND EXPENDITURE ACCOUNT for the year ended 31st March 2022

INCOME
Operating Account
Lunch Club Receipts
Rest Centre/Homestart Contributions
Room Rentals
Donations
Barclays Dividend
Grants Received
Bank Accounts
Gross Interest Received
TOTAL INCOME
EXPENDITURE
Operating Account
Provisions, Cooking, Packaging & Delivery costs
Vehicle and lease costs
Administration
Rent
Cleaning
Light, Heat, Water & Refuse Collection
Telephone & Internet
Computer and Softward Expenses
Miscellaneous Maintenance
Insurance
Advertising, Printing & Publicity
Treasurer and Accountancy Fee
Bank Charges
Depreciation
EXCESS OF EXPENDITURE OVER INCOME
£
£
£
£
55,581 }
54,188 }
}
}
1,897
630
8,609
1,550
18
0
28,769
15,000
94,874
71,368
0
0
94,874
71,368
48,766
32,497
4,073
4,617
21,133
12,047
1,750
1,750
4,142
4,269
5,178
4,203
2,090
3,741
5,616
0
8,818
9,401
1,670
1,047
2,790
2,457
1,442
1,220
3
0
2,127
1,885
109,598
79,134
-£14,724
-£7,766
2022
2021
48,766
4,073
21,133
1,750
4,142
5,178
2,090
5,616
8,818
1,670
2,790
1,442
3
2,127

KINGSBRIDGE AGE CONCERN

BALANCE SHEET as at 31st March 2022

FIXED ASSETS
Property - see notes below
Cost of Building
Legal & Professional Fees
Improvements to Building
Equipment
Brought Forward
Additions
Less Depreciation
CURRENT ASSETS
912 Barclays Shares
Debtors
Current Account
Petty Cash
TOTAL ASSETS
FINANCED BY:
Balance Brought Forward
Excess/(Deficit) Income over Expenditure
Building Costs Capitalised
(Reduction)/Increase in Share Value
RESERVES
Building Project
General Reserve
Special Reserve
Value of Shares Received Free
2022
2021
£
£
£
£
422,112
422,112
0
0
0
0
422,112
422,112
16,967
18,020
4,301
832
-2,127
-1,885
19,141
16,967
1,353
1,695
1,451
0
50,971
69,221
201
300
53,976
71,216
£495,229
£510,295
510,295
517,224
-14,724
-7,766
0
0
-342
837
£495,229
£510,295
422,112
422,112
31,764
46,488
40,000
40,000
1,353
1,695
£495,229
£510,295
2022
2021
£
£
£
£
422,112
422,112
0
0
0
0
422,112
422,112
16,967
18,020
4,301
832
-2,127
-1,885
19,141
16,967
1,353
1,695
1,451
0
50,971
69,221
201
300
53,976
71,216
£495,229
£510,295
510,295
517,224
-14,724
-7,766
0
0
-342
837
£495,229
£510,295
422,112
422,112
31,764
46,488
40,000
40,000
1,353
1,695
£495,229
£510,295
16,967
4,301
-2,127
1,353
1,451
50,971
201
510,295
-14,724
0
-342
£510,295
£510,295
422,112
46,488
40,000
1,695
£510,295

The new building project has a total cost including all legal & professional fees etc of £422,112 to 31st March 2022. Grants and donations from third parties total £350,568 with a further £20,000 contribution from the Rest Centre.

The new building was occupied with effect from May 2003, running costs are shared between Age Concern and the Rest Centre in the proportion of 2/3rds the 1/3rd respectively.