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2023-03-31-accounts

Trustees Mr T Bishop
Mrs A Bull
Mrs S Cox
Mr R Feaver (Appointed 11 January 2023)
Mrs V French (Appointed 4 November 2024)
Mrs S Keast (Appointed 11 January 2023)
Mrs L Malt (Appointed 11 January 2023)
Mrs S McKenna (Appointed 11 January 2023)
Mr P Millichamp - Chair
Mrs S Millichamp
Mr S Rayson
Mr J Shore - Treasurer
Charity number (England and Wales) 304890
Registered office Dormers
Little Whelnetham Road
Sicklesmere
Bury St Edmunds
Suffolk
IP30 OBX
Independent examiner Jaimie King ACA
Whitings LLP
Greenwood House
Greenwood Court
Skyliner Way
Bury St Edmunds
Suffolk
IP32 7GY
Bankers Lloyds Bank PLC
9 Butter Market
Bury St Edmunds
Suffolk
IP33 1DB

Page
Trustees' report 1 -5
Statement of trustees' responsibilities 6
Independent examiner's report 7
Statement of financial activities 8-9
Balance sheet 10
Notes to the financial statements 11 -21

Current financial year Unrestricted Restricted Endowment Restricted Endowment Total Total
funds funds funds
2023 2023 2023 2023 2022
Notes £ £ £ £ £
Income from:
Donations and legacies 3 12,001
Charitable activities 4 26,115 26,115 11,565
Other trading activities 5 12,237 12,237 7,122
Investments 6 4,804 4,804 3,462
Total income 43,156 43,156 34,150
Expenditure on:
Raising funds 7 10,177 10,177 4,862
Charitable activities 8 42,973 1,980 44,953 23,359
Total expenditure 53,150 1,980 55,130 28,221
Net income/(expenditure) before
net gains/(losses) (9,994) (1,980) (11,974) 5,929
Net gains/(losses) on
investments 11 (5,229) (5,229) 6,022
Net income/(expenditure) and
movement in funds
(15,223) (1,980) (17,203) 11,951
Reconciliation of funds:
Fund balances at 1 April 2022 270,856 43,669 20,000 334,525 322,574
Fund balances at 31 March 2023 255,633 41,689 20,000 317,322 334,525

Prior financial year Unrestricted Restricted Endowment Restricted Endowment Total
funds funds funds
2022 2022 2022 2022
Notes £ £ £ £
Income from:
Donations and legacies 3 12,001 12,001
Charitable activities 4 11,565 11,565
Other trading activities 5 7,122 7,122
Investments 6 3,462 3,462
Total income 34,150 34,150
Expenditure on:
Raising funds 7 4,862 4,862
Charitable activities 8 21,105 2,254 23,359
Total expenditure 25,967 2,254 28,221
Net income/(expenditure) before net
gains/(losses) 8,183 (2,254) 5,929
Net gains/(losses) on investments 11 6,022 6,022
Net income/(expenditure) and movement in funds 14,205 (2,254) 11,951
Reconciliation of funds:
Fund balances at 1 April 2021 256,651 45,923 20,000 322,574
Fund balances at 31 March 2022 270,856 43,669 20,000 334,525

2023 2022 2022
Notes £ £ £ £
Fixed assets
Tangible assets 13 146,415 150,489
Investments 14 124,618 129,847
271,033 280,336
Current assets
Debtors 15 4,787 12,523
Cash at bank and in hand 51,361 50,450
56,148 62,973
Creditors: amounts falling due within one 16
year (9,859) (8,784)
Net current assets 46,289 54,189
Net assets 317,322 334,525
The funds of the charity
Endowment funds 17 20,000 20,000
Restricted income funds 18 41,689 43,669
Unrestricted funds 19 255,633 270,856
317,322 334,525

Equipment 25% reducing balance, except stage curtains which are 10
years straight line
Playing Field No depreciation
Pavillion No depreciation
Community Centre No depreciation, except the following: Solar panels +
window glazing - 25 years straight line. Heating system - 10
years straight line

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Proceeds from fundraising activities 8,974
3,063
Hall hire 16,841
7,402
Playfield hire 300
1,100
26,115
11,565

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Bar hire 8,872
4,787
Solar panel tariff 3,365
2,335
12,237
7,122

6 Income from investments 6 Income from investments
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Income from unlisted investments 4,804
3,457
Interest on Gift Aid 5
4,804
3,462
7 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2023 2022
£ £
Fundraising and publicity
Activity and fund generating costs 5,720
1,901
Bar 4,457
2,961
10,177
4,862

Charitable Charitable
activities activities
2023 2022
£ £
Direct costs
Depreciation 4,764 3,790
Electricity 7,411 4,248
Water rates 337 50
Insurance 1,280 1,204
Premises licence 105 716
Repairs and maintenance 14,901 3,357
Cleaning 1,077 1,178
Grass cutting/gardening 1,976 3,726
Refuse collection 308
Advertising and printing 220 598
Sundry 908
Internet 397 518
Telecommunications 385 388
Donations 10,000
42,853 20,989
Share of support and governance costs (see note 9)
Governance 2,100 2,370
44,953 23,359
Analysis by fund
Unrestricted funds 42,973 21,105
Restricted funds 1,980 2,254
44,953 23,359
9 Support costs allocated to activities
2023 2022
£ £
Governance costs 2,100 2,370
Analysed between:
Charitable activities 2,100 2,370

9 Support costs allocated to activities (Continued)
2023 2022
Governance costs comprise: £ £
Independent examination 2,100 2,370
2,100 2,370

Unrestricted Unrestricted Unrestricted Unrestricted
funds funds
2023 2022
Gains/(losses) arising on: £ £
Revaluation of investments (5,229) 6,022

angible fixed assets
Equipment Playing Field Pavillion Community Total
Centre
£ £ £ £ £
Cost
At 1 April 2022 39,684 1,750 9,481 162,663 213,578
Additions 690 690
At 31 March 2023 40,374 1,750 9,481 162,663 214,268
Depreciation and impairment
At 1 April 2022 28,056 35,033 63,089
Depreciation charged in the year 2,572 2,192 4,764
At 31 March 2023 30,628 37,225 67,853
Carrying amount
At 31 March 2023 9,746 1,750 9,481 125,438 146,415
At 31 March 2022 11,628 1,750 9,481 127,630 150,489

Listed
Investments
£
Cost or valuation
At 1 April 2022 129,847
Valuation changes (5,229)
At 31 March 2023 124,618
Carrying amount
At 31 March 2023 124,618
At 31 March 2022 129,847
Debtors
2023 2022
Amounts falling due within one year: £ £
Trade debtors 551 1,856
Other debtors 4,016 9,244
Prepayments and accrued income 220 1,423
4,787 12,523

reditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 606 1,076
Accruals and deferred income 9,253 7,708
9,859 8,784

At 1 April At 31 March
2022 2023
£ £
Permanent endowments
20,000
20,000
Previous year: Ati April At 31 March
2021 2022
£ £
Permanent endowments
20,000
20,000

y p
subject to specific conditions by donors as to how
p g
they may be used.
p g
they may be used.
At 1 April Resources At 31 March
2022 expended 2023
£ £ £
General Restricted Fund 37,391
(824)
36,567
Badminton and Table Tennis Fund
Fire Alarm Fund
Curtain Fund
Chair Fund
139
445
544
3,551
(15)
(111)
(142)
(888)
124
334
402
2,663
Football Pitch Donation Fund 1,599 1,599
43,669
(1,980)
41,689
Previous year: At 1 April Resources At 31 March
2021 expended 2022
£ £ £
General Fund
Badminton and Table Tennis Fund
Fire Alarm Fund
Curtain Fund
Chair Fund
38,237
159
593
600
4,735
(846)
(20)
(148)
(56)
(1,184)
37,391
139
445
544
3,551
Football Pitch Fund 1,599 1,599
45,923
(2,254)
43,669

At 1 April Incoming Resources Gains and At 31 March
2022
£
resources
£
expended£ losses
£
2023
£
Unrestricted General Fund 270,856 43,156 (53,150) (5,229) 255,633
Previous year: At 1 April Incoming Resources Gains and At 31 March
2021 resources expended losses 2022
£ £ £ £ £
Unrestricted General Fund 256,651 34,150 (25,967) 6,022 270,856
nalysis of net assets between funds
Unrestricted Restricted Endowment Total
funds funds funds
2023 2023 2023 2023
£ £ £ £
At 31 March 2023:
Tangible assets 86,533 39,882 20,000 146,415
Investments 124,618 124,618
Current assets/(liabilities) 44,482 1,807 46,289
255,633 41,689 20,000 317,322
Unrestricted Restricted Endowment Total
funds funds funds
2022 2022 2022 2022
£ £ £ £
At 31 March 2022:
Tangible assets 88,627 41,862 20,000 150,489
Investments 129,847 129,847
Current assets/(liabilities) 52,382 1,807 54,189
270,856 43,669 20,000 334,525