| Page | |||||
|---|---|---|---|---|---|
| Report ofthe | Trustees | 1 | to | 2 | |
| Independent | Examiner's Report |
||||
| Statement of |
Financial Activities | ||||
| Balance Sheet | |||||
| Notes to the | Financial Statements | 6 | to | 14 | |
| Detailed Statement of Financial |
Activities | 15 | to | 16 |
| Registered Charity nu 300064 |
Registered Charity nu 300064 |
mber |
|---|---|---|
| Principal address | ||
| Memorial Hall |
||
| i0 Hitchin Road | ||
| Shefford | ||
| Bedfordshire | ||
| SGI7 5JA | ||
| Trustees | ||
| J Smith (Treasurer) | ||
| A Hammond | (Secretary) | |
| A Purves | ||
| D Hennessey | (Chairman) | |
| P Carne | ||
| S Church | ||
| Shefford Town | Counci | |
| G Walker (appointed | 4.5.22) | |
| Independent | Examiner | |
| TC Group | ||
| 31 High View | Close | |
| Hamilton Office Park |
||
| Leicester | ||
| Leicestershire | ||
| LE4 9LJ | ||
| Bankers | ||
| Barclays Bank | pic |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | K | E | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies | 19,869 | 19,869 | 43,184 | |||
| Other trading activities |
123,408 | 123408 | 52,934 | |||
| Investment income |
19,269 | 19,269 | 22,125 | |||
| Total | 162,546 | I62,546 | 118,243 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 95,274 | 95,274 | 54,766 | |||
| Charitable activities |
||||||
| Charitable activities |
63,648 | 471 | 64,119 | 48,302 | ||
| Total | 158,922 | 471 | 159,393 | 103,068 | ||
| Net gains on investments | 1,519 | 1,519 | 3,653 | |||
| NET INCOME/(EXPENDITURE) | 5,143 | (471) | 4,672 | 18,828 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
1,452,976 | 3,768 | 1,456,744 | 1,437,916 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,458,119 | 3,297 | 1,461,416 | 1,456,744 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXED ASSETS | |||||
| Tangible assets | 11 | 906,186 | 3,297 | 909483 | 912,314 |
| Investment property |
12 | 486,583 | 486,583 | 486,583 | |
| 1,392,769 | 3,297 | 1,396,066 | 1,398,897 | ||
| CURRENT ASSETS | |||||
| Stocks | 13 | 2,100 | 2,100 | 1,975 | |
| Debtors | 14 | 10,871 | 10,871 | 10,903 | |
| Investments | 15 | 26,186 | 26,186 | 24,667 | |
| Cash at bank and in hand | 55,065 | 55,065 | 31,139 | ||
| 94,222 | 94,222 | 68,684 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (28,872) | (28,872) | (10,837) | |
| NET CURRENT ASSETS | 65,350 | 65,350 | 57,847 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 1,458,119 | 3,297 | 1,461,416 | 1,456,744 | |
| NET ASSETS | 1,458,119 | 3,297 | 1,461,416 | 1,456,744 | |
| FUNDS | 17 | ||||
| Unrest icted funds: | |||||
| General fund | 184,612 | 179,469 | |||
| Revaluation | 1,273,507 | 1,273,507 | |||
| 1,458,119 | 1,452,976 | ||||
| Restricted funds | 3,297 | 3,768 | |||
| TOTAL FUNDS | 1,461,416 | 1 456,744 |
| DONATIONS | AND | LEGAC | IES | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| F. | |||||
| Donations | 5,151 | 952 | |||
| Grants | 500 | 31,090 | |||
| Subscriptions | 2,676 | 1,284 | |||
| Room and field hire | 11,542 | 9,858 | |||
| 19,869 | 43,184 | ||||
| OTHER TRADING ACTIVITIES | |||||
| 2022 | 2021 | ||||
| R | |||||
| Fundraising | events | 7,095 | |||
| Bar, fruit machine | and pool | 116,313 | 52,934 | ||
| 123,408 | 52,934 | ||||
| INVESTMENT | INCOME | ||||
| 2022 | 2021 | ||||
| Income from investment | properties | 19,075 | 22,065 | ||
| Deposit account interest | 194 | 60 | |||
| 19,269 | 22,125 |
| 2022 | 2021 |
|---|---|
| F. | |
| 717 | 8,736 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Other | Investment | |||||||
| trading | management | Charitable | Total | Total | ||||
| activities | costs | activities | activities | activities | ||||
| F. | ||||||||
| Wages | 15,674 | 2 | 15,676 | 9,087 | ||||
| Pensions | 266 | 266 | 267 | |||||
| Hire of equipment | 2,354 | |||||||
| Rates and | water | (512) | (512) | 6,968 | ||||
| Insurance | 5,832 | 5,832 | 5,406 | |||||
| Light and | heat | 10,046 | 10,046 | 8,339 | ||||
| Telephone | 2,885 | 2,885 | 2,141 | |||||
| Postage and | stationery | 507 | 507 | |||||
| Advertising | 1,354 | 1,354 | ||||||
| Purchases | and | event | ||||||
| costs | 71,143 | 71,143 | 32,448 | |||||
| Cleaning | and | sundries | 2,702 | 2,702 | 1,874 | |||
| Repairs and maintenance | 30,755 | 30,755 | 14,667 | |||||
| Professional fees 8, | ||||||||
| licences | 1,300 | 1,300 | 820 | |||||
| Bank charges | 1,010 | 1,010 | 387 | |||||
| Accountancy | 2,500 | 2,500 | 2,254 | |||||
| Investment | property | |||||||
| management | costs | 717 | 717 | 8,736 | ||||
| Bad debts | 4,772 | 4,772 | ||||||
| Depreciation | oftangible | |||||||
| and heritage | assets | 8,440 | 8,440 | 7,320 | ||||
| 94,557 | 717 | 64,119 | 159,393 | 103,068 |
| STAFF COSTS | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||
| F. | F. | |||||||||
| Wages and salaries | 15,676 | 9,087 | ||||||||
| Other pension | costs | 266 | 267 | |||||||
| 15,942 | 9,354 | |||||||||
| The average | monthly | number | ofemployees | during | the year was as follows: | |||||
| 2022 | 2021 | |||||||||
| Barstaff and | cleaners | 4 | 2 | |||||||
| No employees | received emoluments | in excess off60,000. | ||||||||
| 10. | COMPARATIVES FOR THE STATEMENT |
OF FINANCIAL | ACTIVITIES | |||||||
| Unrestricted | Restricted | Total | ||||||||
| funds | fund | funds | ||||||||
| F. | F. | |||||||||
| INCOME AND | ENDOWMENTS | FROM | ||||||||
| Donations and legacies | 43,184 | 43,184 | ||||||||
| Other trading | activities | 52,934 | 52,934 | |||||||
| Investment income |
22,125 | 22,125 | ||||||||
| Total | 118,243 | 118,243 | ||||||||
| EXPENDITURE | ON | |||||||||
| Raising funds | 54,766 | 54,766 | ||||||||
| Charitable activities |
||||||||||
| Charitable activities |
47,763 | 539 | 48,302 | |||||||
| Total | 102,529 | 539 | 103,068 | |||||||
| Net gains on | investments | 3,653 | 3,653 | |||||||
| NET INCOME/(EXPENDITURE) | 19,367 | (539) | 18,828 | |||||||
| RECONCILIATION OF |
FUNDS | |||||||||
| Total funds brought forward |
1,433,609 | 4,307 | 1,437,916 |
| 10. | COMPARATIVES | FOR THE STATEMENT OF FINANCIAL | ACTIVITIES - continued | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | fund | funds | |||
| TOTAL FUNDS CARRIED FORWARD | 1,452,976 | 3,768 | 1,456,744 | ||
| 11. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | |||||
| Freehold | and | ||||
| property | fittings | Totals | |||
| COST | |||||
| At 1 January 2022 |
904,562 | 127,380 | 1,031,942 | ||
| Additions | 5,609 | 5,609 | |||
| At 31 December | 2022 | 904,562 | 132,989 | 1,037,551 | |
| DEPRECIATION | |||||
| At 1 January 2022 |
19,106 | 100,522 | 119,628 | ||
| Charge for year | 4,871 | 3,569 | 8440 | ||
| At 31 December | 2022 | 23,977 | 104,091 | 128,068 | |
| NET BOOK VALUE | |||||
| At 31 December | 2022 | 880,585 | 28,898 | 909,483 | |
| At 31 December | 2021 | 885,456 | 26,858 | 912,314 |
| FAIR VALUE | |
|---|---|
| At 1 January 2022 |
|
| and 31 December 2022 | 486,583 |
| NET BOOK VALUE | |
| At 31 December 2022 | 486,583 |
| At 31 December 2021 | 486,583 |
| 13. | STOCKS | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Finished goods | 2,100 | 1,975 | |||||
| 14. | DEBTORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | ||||||
| Trade debtors | 538 | 1,930 | |||||
| VAT | 5,403 | 4,537 | |||||
| Prepayments | and accrued income | 4,930 | 4,436 | ||||
| 10,871 | 10,903 | ||||||
| 15. | CURRENT ASSET INVESTMENTS | ||||||
| 2022 | 2021 | ||||||
| F. | |||||||
| Unlisted investments |
26,186 | 24,667 | |||||
| 16. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | ||||||
| Trade creditors | 19,461 | 8,668 | |||||
| Social security | and | other taxes | 951 | 32 | |||
| Net wages | 960 | 187 | |||||
| Other creditors | 5,000 | ||||||
| Accruals and | deferred | income | 2,500 | 1,950 | |||
| 28,872 | 10,837 | ||||||
| 17. | MOVEMENT IN |
FUNDS | |||||
| Net | |||||||
| movement | Al | ||||||
| At 1.1.22 | in funds | 31.12.22 | |||||
| F. | F. | ||||||
| Unrestricted funds |
|||||||
| General fund | 179,469 | 5,143 | 184,612 | ||||
| Revaluation | 1,273,507 | 1,273,507 | |||||
| 1,452,976 | 5,143 | 1,458,119 | |||||
| Restricted funds | |||||||
| Restricted fund | 3,768 | (471) | 3,297 | ||||
| TOTAL FUNDS | 1,456,744 | 4,672 | 1,461 416 |
| Net movement in funds, incl |
uded in the a |
bove are as follo | ws: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| Unrestricted funds |
|||||
| General fund | 162,546 | (158,922) | 1,519 | 5,143 | |
| Restricted funds | |||||
| Restricted fund | (471) | (471) | |||
| TOTAL FUNDS | 162,546 | (159,393) | 1,519 | 4,672 | |
| Comparatives for movement |
in funds | ||||
| Net | |||||
| movement | At | ||||
| At 1.1.21 | in funds | 31.12.21 | |||
| Unrestricted funds |
|||||
| General fund | 160,102 | 19,367 | 179,469 | ||
| Revaluation | 1,273,507 | 1,273,507 | |||
| 1,433,609 | 19,367 | 1,452,976 | |||
| Restricted funds |
|||||
| Restricted fund |
4,307 | (539) | 3,768 | ||
| TOTAL FUNDS | 1,437,916 | 18,828 | 1,456,744 |
| Comparative net movement in f |
unds, included in the abov |
e are as follows | : | |
|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |
| resources | expended | losses | in funds | |
| R | F. | |||
| Unrestricted funds |
||||
| General fund | 118,243 | (102,529) | 3,653 | 19,367 |
| Restricted funds | ||||
| Restricted fund | (539) | (539) | ||
| TOTAL FUNDS | 1 I8,243 |
(103,068) | 3,653 | 18,828 |
| A current ye | ar 12months and prior year | 12months combined position isas |
follows: | |
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1.1.21 | in funds | 31.12.22 | ||
| Unrestricted | funds | |||
| General fund | I60,102 | 24,510 | 184,612 | |
| Revaluation | 1,273,507 | 1,273,507 | ||
| 1 433,609 | 24,510 | 1,458,119 | ||
| Restricted funds | ||||
| Restricted fund | 4,307 | (1,010) | 3,297 | |
| TOTAL FUNDS | 1,437,916 | 23,500 | 1 461,416 |
| A current year 12 months and p above are as follows: |
rior year 12 months combi |
ned net movem |
ent in funds, i |
ncluded in t |
|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |
| resources | expended | losses | in funds | |
| F. | ||||
| Unrestricted funds |
||||
| General fund | 280,789 | (261,451) | 5,172 | 24,510 |
| Restricted funds | ||||
| Restricted fund | (1,010) | (1,010) | ||
| TOTAL FUNDS | 280,789 | (262461) | 5,172 | 23,500 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | ||||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | 5,151 | 952 | ||
| Grants | 500 | 31,090 | ||
| Subscriptions | 2,676 | 1,284 | ||
| Room and field hire | 11,542 | 9,858 | ||
| 19,869 | 43,184 | |||
| Other trading activities |
||||
| Fundraising events |
7,095 | |||
| Bar, fruit machine and pool |
116,313 | 52,934 | ||
| 123,408 | 52,934 | |||
| Investment income |
||||
| Income from investment | properties | 19,075 | 22,065 | |
| Deposit account interest | 194 | 60 | ||
| I9,269 | 22,125 | |||
| Total incoming resources |
162,546 | 118,243 | ||
| EXPENDITURE | ||||
| Support costs | ||||
| Management | ||||
| Wages | 15,676 | 9,087 | ||
| Pensions | 266 | 267 | ||
| Hire of equipment | 2,354 | |||
| Rates and water | (512) | 6,968 | ||
| Insurance | 5,832 | 5,406 | ||
| Light and heat | 10,046 | 8,339 | ||
| Telephone | 2,885 | 2,141 | ||
| Postage and stationery | 507 | |||
| Advertising | 1,354 | |||
| Purchases and event costs | 71,143 | 32,448 | ||
| Cleaning and sundries | 2,702 | 1,874 | ||
| Repairs and maintenance | 30,755 | 14,667 | ||
| Professional fees 8, licences | 1,300 | 820 | ||
| Bank charges | 1,010 | 387 | ||
| Accountancy | 2,500 | 2,254 | ||
| Investment property management |
costs | 717 | 8,736 | |
| Bad debts | 4,772 | |||
| Freehold property | 4,872 | 4,848 | ||
| Fixtures and fittings | 3,568 | 2,472 | ||
| I59,393 | 103,068 | |||
| Total resources expended | 159,393 | 103,068 | ||
| Net income before gains | and losses | 3,153 | 15,175 |
| 2022 | 2021 | ||
|---|---|---|---|
| F. | |||
| Realised recognised | gains and losses | ||
| Realised gains/(losses) | on fixed asset | ||
| investments | 1,519 | 3,653 | |
| Net income | 4,672 | 18,828 |