| REPORT AND ACCOU | NTS - 31STMARCH 202 | 3 |
|---|---|---|
| Pages | ||
| Statement ofTrustees' | Responsibilities | |
| Report ofthe Directors | 2to4 | |
| Report ofthe Accountant | ||
| Profit and Loss Account | ||
| Statement of Financial | Activities | |
| Balance Sheet | 8to9 | |
| Notes to the Accounts | 10to 14 | |
| The following page does not form part of | ||
| the statutory accounts: |
||
| Profit and Loss Account | 15 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | ||||
| INCOME | 1c | 26,694 | 201,105 | |
| ADMINISTRATIVE EXPENSES |
115,597 | 196,078 | ||
| OPERATING SURPLUS (DEFICIT) |
-88,903 | 5,027 | ||
| INTEREST RECEIVED | 78 | 10 | ||
| INTEREST PAYABLE | 0 | 0 | ||
| SURPLUS (DEFICIT) FOR THE | FINANCIAL | YEAR | -88,825 | 5,037 |
| RETAINED SURPLUS - brought | forward | 1,904,541 | 1,899,504 | |
| SURPLUS (DEFICIT) FOR THE | FINANCIAL | YEAR | -88,825 | 5,037 |
| RETAINED SURPLUS - carried forward | 1,815,716 | 1,904,541 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Notes | ||||
| Incoming Resources: | ||||
| From Generated Funds |
78 | 10 | ||
| Investment Income |
||||
| From Charitable Activities |
||||
| Donations | 26,694 | 201,105 | ||
| Total incoming resources |
26,772 | 201,115 | ||
| Resources expended: | ||||
| Charitable Activities |
||||
| Religious Preacher | 0 | 1,600 | ||
| Food | 14,698 | 2,328 | ||
| Other | 100,899 | 192,150 | ||
| Total resources expended | 115,597 | 196,078 | ||
| Net incoming (outgoing) resources |
-88,825 | 5,037 | ||
| Reconciliation offunds |
||||
| Total Fund balance brought | forward | 1,904,541 | 1,899,504 | |
| Total Fund balance carried | forward | 1,815,716 | 1,904,541 |
| (A company limited by |
guarantee) | |||
|---|---|---|---|---|
| BALANCE SHEET AS | AT 31STMARCH, 2023 | |||
| Company Registration |
Number: | 1178142 | ||
| 20223 | 2022 | |||
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible Assets | 1,785,418 | 1,820,625 | ||
| CURRENT ASSETS | ||||
| Debtors | 15,450 | 15,450 | ||
| Cash at Bank and in Hand | 19,245 | 74,346 | ||
| 34,695 | 89,796 | |||
| CREDITORS: amounts | falling due | |||
| within one year | 4,397 | 5,880 | ||
| NET CURRENT ASSETS | 30,298 | 83,916 | ||
| NET ASSETS | 1,815,716 | 1,904,541 |
| (continued) | (continued) | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| 2. | MANAGEMENT AND ADMINISTRATION |
COSTS | |||||
| Power and rates | 13,903 | 8,528 | |||||
| Insurance and telephone |
7,847 | 8,017 | |||||
| Repairs and maintenance | 6,964 | 19,168 | |||||
| Cleaning and Waste |
6,006 | 3,643 | |||||
| Depreciation | 48,509 | 47,119 | |||||
| Donations | 17,000 | 105,000 | |||||
| Other administrative | expenses | 670 | 675 | ||||
| 100,899 | 192,150 | ||||||
| 3. | TANGIBLE FIXEDASSETS — —— —Freehold |
||||||
| Land and | Property | Fixts. 8 | |||||
| Buildings | Improvemt | Fittings | Equipment | Total | |||
| COST | |||||||
| At 1st April, 2022 | 50,000 | 2,104,073 | 97,197 | 17,267 | 2,268,537 | ||
| Additions | 0 | 0 | 13302 | 0 | 13302 | ||
| At 31stMarch, 2023 | 50,000 | 2,104,073 | 110,499 | 17,267 | 2,281,839 | ||
| DEPRECIATION | |||||||
| At 1st April, 2022 | 37,482 | 318,847 | 75,273 | 16,310 | 447,912 | ||
| Charge for the Year | 1,000 | 42,081 | 5,284 | 144 | 48,509 | ||
| At 31st March, 2023 | 38,482 | 360,928 | 80,557 | 16,454 | 496,421 | ||
| NET BOOK VALUES | |||||||
| At 31st March, 2023 | 11,518 | 1,743,145 | 29,942 | 813 | 1,785,418 | ||
| At 31st March, 2022 | 12,518 | 1,785,226 | 21,924 | 957 | 1,820,625 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| f | ||||
| 4. | DEBTORS | |||
| Other Debtors | 15450 | 15450 | ||
| Prepayments | 0 | 0 | ||
| 15450 | 15450 | |||
| Other debtors relate to loans amounting | tof15,450(2022-f15,450)which | are | ||
| repayable within one year. |
| Other creditors and accruals | Other creditors and accruals | 4,397 | 5,880 | |||
|---|---|---|---|---|---|---|
| MOVEMENT OF FUNDS | ||||||
| Funds | Funds | |||||
| brought | Incoming | Resources | Inter Fund | carried | ||
| forward | resources | expended | Transfer | forward | ||
| General | Fund - Unrestricted | 119,315 | 26,772 | 73,516 | 0 | 72,571 |
| General | Fund - Restricted | 1,785,226 | 0 | 42,081 | 0 | 1,743,145 |
| 1,904,541 | 26,772 | 115,597 | 0 | 1,815,716 |
| Net | |||||
|---|---|---|---|---|---|
| Fixed | Current | Net | |||
| Assets | Assets | Assets | |||
| General | Fund | - Unrestricted | 42,273 | 30,298 | 72,571 |
| General | Fund | - Restricted | 1,743,145 | 0 | 1,743,145 |
| Accumulated | funds at 31stMarch 2023 | 1,785,418 | 30,298 | 1,815,716 |
| 2023 | 2022 | |
|---|---|---|
| INCOME | ||
| Donations | 26694 | 201105 |
| Interest Received | 78 | 10 |
| 26772 | 201115 | |
| EXPENDITURE | ||
| Religious Preacher | 0 | 1600 |
| Food and Provisions | 14698 | 2328 |
| Rates and Water | 913 | 1039 |
| Light and Heat | 12990 | 7489 |
| Insurance | 2186 | 1924 |
| Telephone | 5661 | 6093 |
| Stationery and Books | 0 | 0 |
| Travelling | 0 | 0 |
| Repairs and Renewals | 6964 | 19168 |
| Donations | 17000 | 105000 |
| Cleaning and Waste |
6006 | 3643 |
| Bank Charges | 20 | 25 |
| Accountancy | 650 | 650 |
| Depreciation: | ||
| Fixtures and Fittings | 5284 | 3869 |
| Equipment | 144 | 169 |
| Buildings | 1000 | 1000 |
| Property Improvements |
42081 | 42081 |
| Miscellaneous Expenses |
0 | 0 |
| TOTAL EXPENDITURE | 115597 | 196078 |
| PROFIT (LOSS)FOR THE YEAR | -88825 | 5037 |