Registration Charity Number 292789
THE SOUTH MIDLANDS AREA OF NAFAS
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
THE SOUTH MIDLANDS AREA OF NAFAS
FOR THE YEAR ENDED 31 AUGUST 2023
| CONTENTS | ||
|---|---|---|
| Page | ||
| Legal and Administrative Information | 3 | |
| Report of the Management Committee | 4 | |
| Independent Examiner’s Report | 5 | |
| Statement of Financial Activities | 6 | |
| Balance Sheet | 7 | |
| Notes to the Financial Statements | 8 to 10 |
Page 3
THE SOUTH MIDLANDS AREA OF NAFAS
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023
Charity Number 292789
Management Committee
Mrs L Pirrie Chairman Mrs G Williams 1[st] Vice Chairman - 2[nd] Vice Chairman Mrs L Rigden Treasurer Mrs A Burgess Secretary Mrs E Hall Projects Mrs K Lines Media Mrs B Collins JDS & E - Photography Mrs D Everton The Flower Arranger Mrs S Badger Trading
Independent Examiner Mr C Thomas Little Pinley Farm Manor Lane Claverdon Warwick CV35 8NH
Bankers Lloyds TSB Solihull West Midlands
Page 4
THE SOUTH MIDLANDS AREA OF NAFAS
REPORT OF THE MANAGEMENT COMMITTEE
FOR THE YEAR ENDED 31 AUGUST 2023
The Management Committee present their Report together with the independently examined financial accounts for the year ended 31 August 2023.
Principal Activity
Principal activity of the Association is to advance public education in the art of flower arranging and related subjects and to further any other charitable purpose or purposes.
Business Review
The year to 31 August 2022 shows a profit of £866 compared to a deficit in the previous year of £163, as shown on page 6.
The Association is dependent on the individual flower clubs to provide the income of the Charity either through annual affiliation fees or the support of events organised by the Management Committee and the purchase of various publications and other articles sold by the Association. The Association’s Balance Sheet, as detailed on page 6, shows unrestricted funds amounting to £39,338 which is more than satisfactory.
Signed on behalf of the Management Committee by:
Mrs L Pirrie Chairman
Date:
Page 5
THE SOUTH MIDLANDS AREA OF NAFAS
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE SOUTH MIDLANDS AREA OF NAFAS
FOR THE YEAR ENDED 31 AUGUST 2023
I report to the Trustees on my examination of the accounts of The South Midlands Area of NAFAS for the year ended 31 August 2023, which are set out on pages 6 to 7.
Responsibilities and basis of Report
As the Charity Trustees of The South Midlands Area of NAFAS 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 The South Midlands Area of NAFAS accounts carried out under Section 145 of the 2011 Act and in carrying out my examination I have followed all the 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:
-
accounting records were not kept in respect of the Charity, as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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 C Thomas
Date:
Page 6
THE SOUTH MIDLANDS AREA OF NAFAS
STATEMENT OF FINANCIAL ACTIVITES
FOR THE YEAR ENDED 31 AUGUST 2023
| Incoming Resources Affiliation Fees Sale (publications, etc) Income from Events Other Income Total Incoming Resources Expended Resources Direct Charitable Expenditure Fundraising and Publicity (events) Management and Administration Total Expended Resources Net Outgoing Resources for the year Reserves brought forward at 31.08.2022 Reserves carried forward at 31.08.2023 |
2023 £ 12,827 7,678 8,390 183 29,078 16,718 5,788 5,706 28,212 866 38,472 39,338 |
2022 £ 8,164 6,790 14,436 46 29,436 13,572 14,553 1,474 25,599 (163) 38,635 38,472 |
|---|---|---|
Page 7
THE SOUTH MIDLANDS AREA OF NAFAS
BALANCE SHEET
FOR THE YEAR ENDED 31 AUGUST 2023
| Current assets Stock Prepaid expenses: Rent NAFAS course AGM Area Show Lloyds TSB Business Account Lloyds TSB Current Account Lloyds TSB Trading Account Lloyds TSB JDS&E Account Lloyds TSB Flower Arranger Account Scottish Widows Bond Cash in hand Current Liabilities Examiner’s fee payable Purchases for sales table Funds received in advance: JDS&E workshop Members Day The Flower Arranger Due on photo shoot Total Net Assets Unrestricted Funds Balance brought forward Deficit for the year Total Unrestricted Funds Mrs L Pirrie Chairman _______ |
2023 2022 £ £ £ £ 388 405 506 - 275 - 150 - 225 773 4,068 4,047 9,589 9,440 1,041 658 3,237 2,054 3,072 2,603 20,823 20,823 100 64 43,474 40,867 200 100 111 - 692 - 933 - 2,200 2,200 - 95 4,136 2,395 39,338 38,472 38,472 38,635 866 (163) 39,338 38,472 |
|---|---|
Date:
Registered Charity Number 292789
Page 8
THE SOUTH MIDLANDS AREA OF NAFAS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
1. Basis of Accounting
These financial statements have been prepared in accordance with the relevant accounting standards and under historical cost convention. The statements comply with the Charities SORP (Statement of Recommended Practice).
2. Accounting Policies
Incoming Resources
All incoming resources are unrestricted funds, that is, funds available for charitable purposes within the objectives of the Charity. Income is credited on the Statement of Financial Activities in the year to which it relates.
Resources Expended
Expenditure is allocated on the Statement of Financial Activities between direct charitable expenditure, fundraising and publicity, and management and administrative costs.
Page 9
THE SOUTH MIDLANDS AREA OF NAFAS
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 AUGUST 2023
3. Incoming Resources
| 3. Incoming Resources |
||||
|---|---|---|---|---|
| Affiliation Fees NAFAS South Midlands Area Sales (Publications, etc) Flower Arranger Trading Pot Pourri Income From Events JDS&E Diamond Anniversary AGM Area Show Members Day Harrogate Tea Party Other Income and Interest Donations Bank interest and compensation Sundry income Sales table Advertising income Total Income |
£ 9,662 3,165 |
2023 £ 12,827 7,678 8,390 183 29,078 |
£ 7,234 930 5,483 1,227 80 2,053 5,336 - - 6,347 700 - - 35 11 - - |
2022 £ 8,164 6,790 14,436 46 |
| 6,252 1,426 - |
||||
| 4,142 - 3,044 406 - - 798 |
||||
| - 21 45 17 100 |
||||
| 29,436 |
Page 10
THE SOUTH MIDLANDS AREA OF NAFAS
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 AUGUST 2023
4. Expended Resources
| 4. Expended Resources |
||||
|---|---|---|---|---|
| Direct Charitable Expenditure Affiliation Fees to NAFAS Flower Arranger (Publication) Pot Pourri (Publication) Trading NAFAS course (Education) Fundraising (events) JDS&E Diamond Anniversary Harrogate Gardeners World Live Members Day Area show Management and Administration Rents/Hire of Halls Travel Expenses Zoom Expenses Annual General Meeting Print, Post & Stationery Sales table purchases Examiner’s Fee Other Insurance Website National Show entry SUMUP machines Club Officers Day Total Expended Resources |
£ 9,662 5,784 - 1,237 35 |
2023 £ 16,718 5,788 5,706 28,212 |
2022 £ £ 7,234 5,164 60 1,114 - 13,572 1,930 5,903 700 238 5,782 - 14,553 811 43 130 - 275 - (200) 88 178 149 - - - 1,474 29,599 |
|
| 4,078 - - 94 - 1,616 |
||||
| 852 230 88 2,490 246 14 100 49 196 149 1,098 80 114 |
||||
| 29,599 |