## **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.