| Page | |||
|---|---|---|---|
| Trustees' Report | 1 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 7 | to | 14 |
| Detailed Statement ofFinancial Activities | 15 | to | 16 |
| 2024 | 2023 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||||
| funds | fund | funds | funds | |||||||
| Notes | ||||||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||||
| Donations | and legacies | 953 | 953 | 256 | ||||||
| Charitable | activities | |||||||||
| The Centre | 58,968 | 58,968 | 60,997 | |||||||
| The Bar | 25,727 | 25,727 | 24,393 | |||||||
| Investment | income | 2,493 | 2,493 | 2,396 | ||||||
| Other income | 128 | 128 | 150 | |||||||
| Total | 88,269 | 88,269 | 88,192 | |||||||
| EXPENDITURE | ON | |||||||||
| Charitable | activities | |||||||||
| The Centre | 60,154 | 60,154 | 61,744 | |||||||
| The Bar | 28,937 | 28,937 | 20,608 | |||||||
| Total | 89,091 | 89,091 | 82,352 | |||||||
| Net gains/(losses) | on investments | 5,868 | 5,868 | (3,645) | ||||||
| NET INCOME | 5,046 | 5,046 | 2,195 | |||||||
| RECONCILIATION | OF FUNDS | |||||||||
| Total funds | brought | forward | 284,113 | 284,113 | 281,918 | |||||
| TOTAL FUNDS | CARRIED FORWARD | 289,159 | 289,159 | 284,113 |
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fuild | funds | funds | ||||
| Notes | |||||||
| FIXEDASSETS | |||||||
| Tangible assets | 11 | 156,493 | 156,493 | 155,445 | |||
| Investments | 12 | 82,424 | 82,424 | 76,556 | |||
| 238,917 | 238,917 | 232,001 | |||||
| CURRENT ASSETS | |||||||
| Stocks | 13 | 1,947 | 1,947 | 1,377 | |||
| Debtors | 14 | 4,440 | 4,440 | 2,968 | |||
| Cash at bank and in hand | 46,465 | 46,465 | 50,052 | ||||
| 52,852 | 52,852 | 54,397 | |||||
| CREDITORS | |||||||
| Amounts falling due within one year |
15 | (2,610) | (2,610) | (2,285) | |||
| NET CURRENT ASSETS | 50,242 | 50,242 | 52,112 | ||||
| TOTAL ASSETSLESS | CURRENT | ||||||
| LIABILITIES | 289,159 | 289,159 | 284,113 | ||||
| NET ASSETS | 289,159 | 289,159 | 284,113 | ||||
| FUNDS | 16 | ||||||
| Unrestricted funds |
289,159 | 284,113 | |||||
| TOTAL FUNDS | 289,159 | 284,113 | |||||
| The financial statements |
were approved | by the Board of Trustees and authorised |
for issue on | .i........t.. | |||
| and were signed on its behalf by: |
| FORTHE YEAR ENDED 31 | FORTHE YEAR ENDED 31 | MARCH 2024 | ||||
|---|---|---|---|---|---|---|
| 2. | DONATIONS | AND LEGACIES | ||||
| 2024 | 2023 | |||||
| Donations | 953 | 256 | ||||
| 3. | INVESTMENT INCOME | |||||
| 2024 | 2023 | |||||
| Deposit account | interest | 2,493 | 2,396 | |||
| INCOME FROM CHARITABLE ACTIVITIES | ||||||
| 2024 | 2023 | |||||
| Activity | ||||||
| Room lettings | The Centre | 58,662 | 60,554 | |||
| Event income | The Centre | 306 | 443 | |||
| Income from bar | The Bar | 25,727 | 24,393 | |||
| 84,695 | 85,390 | |||||
| 5. | CHARITABLE ACTIVITIES | COSTS | ||||
| Direct | Support | |||||
| Costs (see | costs (see | |||||
| note 6) | note 7) | Totals | ||||
| The Centre | 22,328 | 37,826 | 60,154 | |||
| The Bar | 21.177 | 7,760 | 28,937 | |||
| 43,505 | 45,586 | 89,091 | ||||
| 6. | DIRECT COSTS OF CHARITABLE ACTIVITIES | |||||
| 2024 | 2023 | |||||
| Staffcosts | 31,617 | 25,280 | ||||
| Barpurchases | 11,569 | 12,236 | ||||
| Sundry expenses | 91 | 230 | ||||
| Event expenditure | 228 | 556 | ||||
| 43,505 | 38,302 |
| Governance | ||||||
|---|---|---|---|---|---|---|
| Management | costs | Totals | ||||
| The Centre | 32,210 | 5,616 | 37,826 | |||
| The Bar | 6,388 | 1372 | 7,760 | |||
| 38,598 | 6,988 | 45,586 | ||||
| Support costs, included | in the above, are as follows: | |||||
| 2024 | 2023 | |||||
| The | Total | Total | ||||
| Centre | The Bar | activities | activities | |||
| Rates and | water | 292 | 41 | 333 | 964 | |
| Insurance | 3,009 | 421 | 3,430 | 3@41 | ||
| Light and | heat | 5,119 | 1,707 | 6,826 | 7,663 | |
| Repairs and renewals | 11,044 | 11,044 | 13,628 | |||
| Cleaning | 12,594 | 4,198 | 16,792 | 12,955 | ||
| Bank charges | 152 | 21 | 173 | 56 | ||
| Auditors' | remuneration | for non audit work | 1,858 | 260 | 2,118 | 1,560 |
| Licences | 963 | 985 | 1,948 | 1,043 | ||
| Telephone | 841 | 118 | 959 | 871 | ||
| Postage and stationery | 3 | 9 | 12 | 135 | ||
| Depreciation oftangible | fixed assets | 1,951 | 1,951 | 1,834 | ||
| 37,826 | 7,760 | 45,586 | 44,050 |
| NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 31MARCH 2024 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 31MARCH 2024 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 31MARCH 2024 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 31MARCH 2024 |
|||
|---|---|---|---|---|---|---|
| 10. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | ||||
| funds | fund | funds | ||||
| INCOME | AND ENDOWMENTS FROM | |||||
| Donations | and legacies | 256 | 256 | |||
| Charitable | activities | |||||
| The Centre | 60,997 | 60,997 | ||||
| The Bar | 24,393 | 24,393 | ||||
| Investment | income | 2,396 | 2,396 | |||
| Other income | 150 | 150 | ||||
| Total | 88,192 | 88,192 | ||||
| EXPENDITURE ON | ||||||
| Charitable | activities | |||||
| The Centre | 61,744 | 61,744 | ||||
| The Bar | 20,608 | 20,608 | ||||
| Total | 82,352 | 82,352 | ||||
| Net gains/(losses) on investments |
(3,645) | (3,645) | ||||
| NET INCOME | 2,195 | 2,195 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds | brought forward |
281,918 | 281,918 | |||
| TOTAL FUNDS CARRIED FORWARD | 284,113 | 284,113 |
| Unlisted | |||||
|---|---|---|---|---|---|
| investments | |||||
| MARKET VALUE | |||||
| At 1April 2023 | 76,556 | ||||
| Revaluations | 5,868 | ||||
| At 31March 2024 | 82,424 | ||||
| NET BOOKVALUE | |||||
| At 31March 2024 | 82,424 | ||||
| At 31March 2023 | 76,556 | ||||
| There were no investment | assets outside the UK. | ||||
| Cost or valuation at 31March 2024 is represented |
by: | ||||
| Unlisted | |||||
| investments | |||||
| Valuation in 2024 |
82,424 | ||||
| 13. | STOCKS | ||||
| 2024 | 2023 | ||||
| Closing stock | 1,947 | 1,377 | |||
| 14. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2024 | 2023 | ||||
| Other debtors | 1,136 | 933 | |||
| Prepay ments | 3,304 | 2,035 | |||
| 4,440 | 2,968 |
| 2024 | 2023 |
|---|---|
| 2,610 | 2,285 |
| MOVE | MENT | IN FUNDS | ||||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At I/4/23 | in funds | 31/3/24 | ||||
| Unrestricted | funds | |||||
| General | fund | 135,180 | 5,046 | 140426 | ||
| Building | Fund | 138,933 | 138,933 | |||
| Hall Improvement | 10,000 | 10,000 | ||||
| 284,113 | 5,046 | 289,159 | ||||
| TOTAL | FUNDS | 284,113 | 5,046 | 289,159 | ||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General | fund | 88,269 | (89,091) | 5,868 | 5,046 | |
| TOTAL | FUNDS | 88,269 | (89,091) | 5,868 | 5,046 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At I/4/22 | in funds | 31/3/23 | ||
| Unrestricted | funds | |||
| General fund | 132,985 | 2,195 | 135,180 | |
| Building Fund | 138,933 | 138,933 | ||
| Hall Improvement | 10,000 | 10,000 | ||
| 281,918 | 2,195 | 284,113 | ||
| TOTAL FUNDS | 281,918 | 2,195 | 284,113 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 88,192 | (82,352) | (3,645) | 2,195 | |
| TOTAL FUNDS | 88,192 | (82,352) | (3,645) | 2,195 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/4/22 | in funds | 31/3/24 | ||
| Unrestricted | funds | |||
| General fund | 132,985 | 7,241 | 140,226 | |
| Building Fund | 138,933 | 138,933 | ||
| Hall Improvement | 10,000 | 10,000 | ||
| 281,918 | 7,241 | 289,159 | ||
| TOTAL FUNDS | 281,918 | 7,241 | 289,159 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 176,461 | (171,443) | 2,223 | 7,241 | |
| TOTAL FUNDS | 176,461 | (171,443) | 2,223 | 7,241 |
| BIRCHINGTON VILLAGE CENTRE ASSOCIATION | BIRCHINGTON VILLAGE CENTRE ASSOCIATION | BIRCHINGTON VILLAGE CENTRE ASSOCIATION | ||||
|---|---|---|---|---|---|---|
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| FORTHE YEAR ENDED 31MARCH 2024 | ||||||
| 2024 | 2023 | |||||
| INCOME AND | ENDOWMENTS | |||||
| Donations and legacies |
||||||
| Donations | 953 | 256 | ||||
| Investment income |
||||||
| Deposit account interest | 2,493 | 2,396 | ||||
| Charitable activities |
||||||
| Room lettings | 58,662 | 60,554 | ||||
| Income from bar | 25,727 | 24,393 | ||||
| Event income | 306 | 443 | ||||
| 84,695 | 85,390 | |||||
| Other income | ||||||
| Sundry income and membership |
fees | 128 | 150 | |||
| Total incoming | resources | 88,269 | 88,192 | |||
| EXPENDITURE | ||||||
| Charitable activities |
||||||
| Wages | 31,617 | 25,280 | ||||
| Barpurchases | 11,569 | 12,236 | ||||
| Sundry expenses | 91 | 230 | ||||
| Event expenditure | 228 | 556 | ||||
| 43,505 | 38,302 | |||||
| Support costs | ||||||
| Management | ||||||
| Rates and water | 333 | 964 | ||||
| Insurance | 3,430 | 3,341 | ||||
| Light and heat | 6,826 | 7,663 | ||||
| Repairs and renewals | 11,044 | 13,628 | ||||
| Cleaning | 16,792 | 12,955 | ||||
| Bank charges | 173 | 56 | ||||
| 38,598 | 38,607 | |||||
| Governance costs |
||||||
| Auditors' remuneration |
for non | audit | work | 2,118 | 1,560 | |
| Licences | 1,948 | 1,043 | ||||
| Carried forward | 4,066 | 2,603 |
| FORTHE YEAR EN | DED 31MARCH 2024 | |
|---|---|---|
| 2024 | 2023 | |
| Governance costs |
||
| Brought forward | 4,066 | 2,603 |
| Telephone | 959 | 871 |
| Postage and stationery | 12 | 135 |
| Fixtures and fittings | 1,424 | 1,249 |
| Computer equipment |
527 | 585 |
| 6,988 | 5,443 | |
| Total resources expended | 89,091 | 82,352 |
| Net (expenditure)/income | (822) | 5,840 |