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2022-09-30-accounts
| INDEX |
PAGE |
| Reference and administrative details |
1 |
| Report o f the Trustees |
2−6 |
| Report o f the independent examiner |
7 |
| Unaudited statement o f financial activities |
8 |
| Unaudited balance sheet |
9 |
| Unaudited statement o f cash flows |
10 |
| Unaudited accounting policies |
11 −12 |
| Notes to the unaudited financial statements |
13 −1 6 |
| Company registration number: |
00596938 |
| Charity registration number: |
313648 |
| Registered office: |
42 Waverley Lane |
|
Farnham |
|
Surrey |
|
GU9 8BJ |
| Trustees: |
Derek Carpenter −Chair |
|
Deborah Barrington |
|
Julie Bradley (appointed 28/09/2022) |
|
George Crawford (resigned 16/05/2022) |
|
lain Lynch (resigned 16/05/2022) |
|
Damian Malins (appointed 28/09/2022) |
|
Guy Olden |
|
Yasmin Osborne (resigned 31/12/2022) |
|
Christopher Shepheard (resigned 08/02/2023) |
|
Gillian Ward (appointed 08/02/2023) |
| Secretary: |
Edward Guyver |
| Bankers: |
NatWest Bank PLC |
|
31−37 Victoria Road |
|
Farnborough |
|
Hampshire GU14 7NR |
| Solicitors: |
Russell−Cooke LLP |
|
2 Putney Hill |
|
Putney |
|
London 5W15 6AB. |
| Independent Examiner: |
Simon Pusey BA FCA |
|
Keith Graham |
|
Chartered Accountants |
|
Suite 2, Wesley Chambers |
|
Queens Road |
|
Aldershot |
|
Hampshire G U l l 3JD |
|
|
Unrestricted |
Funds |
|
Notes |
2022 |
2021 |
| INCOME: |
|
|
|
| Donations and legacies |
1 |
2,874 |
1,059 |
| Income from charitable activities: |
|
|
|
| Protection & preservation o f Farnham Castle |
2 |
25,000 |
25,000 |
| Investment income |
3 |
579 |
617 |
| Total income |
|
28,453 |
26,676 |
| EXPENDITURE: |
|
|
|
| Expenditure on charitable activities |
|
|
|
| Protection & preservation o f Farnham Castle |
4 |
9,559 |
6,867 |
| Total expenditure |
|
9,559 |
6,867 |
| NET INCOMING RESOURCES |
|
|
|
| & MOVEMENT OF FUNDS FOR THE YEAR |
|
18,894 |
19,809 |
| FUND BALANCES BROUGHT FORWARD |
|
139,099 |
119,290 |
| FUND BALANCES CARRIED FORWARD |
12 |
157,993 |
139,099 |
|
Notes |
2022 |
2021 |
| FIXED ASSETS |
|
|
|
| Investments |
8 |
53,557 |
53,026 |
| CURRENT ASSETS |
|
|
|
| Stocks |
9 |
696 |
|
| Debtors |
10 |
854 |
8,685 |
| Cash at bank and in hand |
|
113,151 |
89,002 |
|
|
114,701 |
97,687 |
| CURRENT LIABILITIES |
|
|
|
| Creditors: Amounts falling due within one year |
11 |
(10,265) |
(11,614) |
| NET CURRENT ASSETS |
|
104,436 |
86,073 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
157,993 |
139,099 |
| THE FUNDS OF THE CHARITY |
|
|
|
| Unrestricted income funds |
|
|
|
| General Fund |
12 |
157,993 |
139,099 |
| TOTAL CHARITY FUNDS |
12 |
157,993 |
139,099 |
|
2022 |
2021 |
| Cash flows from operating activities: |
|
|
| Net cash provided by operating activities |
24,101 |
30,200 |
| Cash flows from investing activities: |
|
|
| Interest income |
579 |
617 |
| Proceeds from the sale o f investments |
|
52,186 |
| Purchase o f investments |
(531) |
(53,026) |
| Net cash (used in)/provided by investing activities |
48 |
(223) |
| Change in cash and cash equivalents during the year |
24,149 |
29,977 |
| Cash and cash equivalents at the beginning o f the year |
89,002 |
59,025 |
| Cash and cash equivalents at the end o f the year |
113,151 |
89,002 |
| Reconciliation o f net income to net cash flow |
|
|
| from operating activities |
|
|
| Net income per the statement o f financial activities |
18,894 |
19,809 |
| Adjustments for: |
|
|
| Dividends, interest and rents from investments |
(579) |
(617) |
| Decrease/(increase) in stocks |
(696) |
|
| Decrease/(increase) in debtors |
7,832 |
15,218 |
| (Decrease)/increase in creditors |
(1,350) |
(4,210) |
| Net cash provided by operating activities |
24,101 |
30,200 |
| Analysis o f cash and cash equivalents |
|
|
| Cash in hand |
113,151 |
89,002 |
| Notice deposits (less than 3 months) |
|
|
| Overdraft facilities repayable on demand |
|
|
| Total cash and cash equivalents |
113,151 |
89,002 |
|
Total |
Total |
|
2022 |
2021 |
| INCOME FROM DONATIONS AND LEGACIES |
|
|
| Donations and legacies |
1,190 |
38 |
| Sundry income |
1,684 |
1,021 |
|
2,874 |
1,059 |
|
Total |
Total |
|
2022 |
2021 |
| INCOME FROM CHARITABLE ACTIVITES |
|
|
| Protection and preservation o f Farnham Castle |
|
|
| Property lease income |
25,000 |
25,000 |
|
Total |
Total |
|
2022 |
2021 |
| INVESTMENT INCOME |
|
|
| Interest receivable |
579 |
617 |
|
|
Total |
Total |
|
|
2022 |
2021 |
| 4 |
EXPENDITURE ON CHARITABLE ACTIVITIES |
|
|
|
Protection, preservation and promotion of Farnham Castle: |
|
|
|
Grants |
3,000 |
|
|
Governance costs (see note 5) |
3,941 |
3,931 |
|
Support costs (see note 6) |
2,618 |
2,936 |
|
|
9,559 |
6,867 |
|
|
Total |
Total |
|
|
2022 |
2021 |
| 5 |
GOVERNANCE COSTS |
|
|
|
Examination fees |
1,000 |
1,000 |
|
Accountancy services |
1,750 |
1,500 |
|
Legal and other professional fees |
813 |
813 |
|
Trustees professional indemnity insurance |
203 |
153 |
|
Miscellaneous expenses |
175 |
465 |
|
|
3,941 |
3,931 |
|
|
Total |
Total |
|
|
2022 |
2021 |
| 6 |
SUPPORT COSTS |
|
|
|
Rent payable |
1,511 |
1,511 |
|
Other support costs |
1,107 |
1,425 |
|
|
2,618 |
2,936 |
|
2022 |
2021 |
| NET MOVEMENT IN FUNDS |
|
|
| Net movement in funds is stated after charging: |
|
|
| Operating lease rentals: |
|
|
| Land and buildings |
1,511 |
1,511 |
| The charity's gross income for the year was |
28,453 |
26,676 |
| The charity's surplus for the year was |
18,894 |
19,809 |
|
2022 |
2021 |
| INVESTMENT'S |
|
|
| 2−year bank deposit bond |
53,557 |
53,026 |
| The deposit bond matures on 4 January 2023. |
|
|
|
2022 |
2021 |
| STOCKS |
|
|
| Book stocks for resale |
696 |
|
|
|
2022 |
2021 |
| 10 |
DEBTORS |
|
|
|
Amounts falling due within one year: |
|
|
|
Trade debtors |
60 |
7,880 |
|
Sundry debtors & prepayments |
794 |
8.05 |
|
Total amount falling due within one year |
854 |
8,685 |
|
|
2022 |
2021 |
| 11 |
CREDITORS |
|
|
|
Amounts falling due within one year: |
|
|
|
Trade creditors |
700 |
1,918 |
|
Other taxation and social security costs |
2,232 |
2,163 |
|
Accruals |
7,333 |
7,533 |
|
Total amount falling due within one year |
10,265 |
11,614 |
| 12 |
THE FUNDS OF THE CHARITY |
THE FUNDS OF THE CHARITY |
|
|
|
|
Balance at |
|
|
|
Balance at |
|
1 |
October |
Incoming |
Outgoing |
30 September |
|
|
2021 |
resources |
resources |
2022 |
|
Unrestricted income funds: |
|
|
|
|
|
General Fund |
139,099 |
28,453 |
(9,559) |
157,993 |
|
|
139,099 |
28,453 |
(9,559) |
157,993 |
|
Balance at |
|
|
|
Balance at |
|
1 |
October |
Incoming |
Outgoing |
30 September |
|
|
2020 |
resources |
resources |
2021 |
|
|
£ |
£ |
£ |
£ |
|
Unrestricted income funds: |
|
|
|
|
|
General Fund |
119,290 |
26,676 |
(6,867) |
139,099 |
|
|
119,290 |
26,676 |
(6,867) |
139,099 |
| 13. |
**COMMITMENTS UNDER OPERATING ** |
LEASES |
|
|
|
|
The charity as a lessee: |
|
|
|
|
|
At the balance sheet date, the charity had future commitments under |
|
|
2022 |
2021 |
|
non−cancellable operating leases as follows: |
|
|
|
|
|
Land and buildings: |
|
|
|
|
|
not later thanone year |
|
|
1,511 |
1,511 |
|
later than one year and not later than five years |
|
|
6,046 |
6,046 |
|
later than five years |
|
|
14,328 |
15,839 |
|
|
|
|
21,885 |
23,396 |
|
The charity as a lessor: |
|
|
|
|
|
At the balance sheet date, the charity had contracted with |
|
tenants, |
2022 |
2021 |
|
under non−cancellable operating leases, for the following |
|
future |
|
|
|
minimum lease payments: |
|
|
|
|
|
Amounts receivable: |
|
|
|
|
|
not later thanone year |
|
|
25,000 |
25,000 |
|
later than one year and not later than five years |
|
|
100,000 |
100,000 |
|
later than five years |
|
|
236,750 |
261,750 |
|
|
|
|
361,750 |
386,750 |