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**Company Registration No 01848130 (England and Wales) Registered Charity No 515698**
## **TAPTONHOLME**
## **REPORTS AND FINANCIAL STATEMENTS**
**YEAR ENDED 31 DECEMBER 2023**
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## **TAPTONHOLME**
## **CONTENTS**
||**PAGE**|
|---|---|
|Reference and administration details|1|
|Report of the trustees|2 - 5|
|Independent examiner’s report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Cash flow statement|9|
|Notes to the accounts
|10 – 17|
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## **TAPTONHOLME**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Legal status** Taptonholme is a charity (No. 515698) and a company limited by guarantee (No. 01848130) It was set up on 13 September 1984 and is governed by its memorandum and articles of association.
|**Directors and trustees**|The directors of the charitable company (“the charity”) are its trustees for|
|---|---|
||the purpose of charity law and throughout the report are collectively referred|
||to as trustees.|
||The Trustees of the charity are as follows: -|
||M E Cowell – Chairman|
||A Duffield|
||J Liddle|
||Dr. P Harvey|
||D J Dunn|
||V M Wightman (Resigned 10thMay 2023)|
||L J Noble (Appointed 15thNovember 2023)|
|**Secretary**|I Hewson|
|**Registered office**|14 Taptonville Crescent|
||Broomhill|
||SHEFFIELD|
||S10 5BP|
|**Independent examiner**|Shorts|
||Chartered Accountants|
||Statutory Auditor|
||2 Ashgate Road|
||Chesterfield|
||Derbyshire|
||S40 4AA|
|**Bankers**|National Westminster Bank Plc|
||42 High Street|
||Sheffield|
||S1 2GE|
Shorts Chartered Accountants
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## **TAPTONHOLME**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The Trustees, who are also directors for the purposes of the Companies Act, present their report with the financial statements for the year ended 31 December 2023.
The legal and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements and the memorandum and articles of association. They also comply with the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 has been omitted.
## **Structure, governance and management**
## **Trustees**
The trustees of the charity during the year and up to the date of this report are as listed on page 1.
The trustees are elected at the Annual General Meeting but additional trustees can be appointed during the year by the Executive Management Committee.
Trustee training is delivered in an informal setting upon request if specific needs arise (e.g. new legislation).
All trustees give of their time freely and no remuneration was paid in the year. Details of expenses reclaimed from the charity are set out in note 4 to the accounts.
## **Company status**
Since Taptonholme is a company limited by guarantee, it does not have any paid up share capital. Every member of the company has however guaranteed an amount not exceeding £1 each.
At the Balance Sheet date, the company had six members, all of whom are also directors and members of the Executive Management Committee. The Committee meets a minimum of four times a year and is responsible for managing the business of the organisation, safeguarding the assets of the organisation, and managing the funds of the organisation. Decisions are made by the Management Committee, with advice from the Home Manager.
## **Risk assessment**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The Management Committee have discussed, and reviewed on a regular basis all of the major risks to which the charity is exposed and have established systems to mitigate the risks.
## **Objectives and activities**
The Objects of the charity are:
- To promote, manage and maintain a home for elderly persons
- To provide a caring environment in which residents can live as independent a life as possible
- To respect residents’ age, personal dignity, and create a friendly and cheerful atmosphere in which they can feel safe and valued
Shorts Chartered Accountants
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## **TAPTONHOLME**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Objectives and activities - continued**
To achieve the above objectives, we aim to:
- provide 24 hour care for the residents. Every resident has a detailed Care Plan drawn up which is agreed with the resident and his or her relatives, and which sets out the individual’s requirements, social, dietary and medical. The Care Plan is supervised by each resident’s own personal key-worker who has the responsibility for ensuring that the resident’s needs are met satisfactorily.
- provide a dedicated team of full and part time staff supervised day to day by the Manager. The Manager is responsible to the Chairman of the Board of Trustees with whom she has regular meetings. Training in up-to-date methods of care and in other appropriate health matters is undertaken by staff on a regular basis.
## **Achievements and performance**
The Management Committee believes that the Charity has been successful in fulfilling its objectives. Meetings with residents and their families, together with continuing feedback from everyone concerned, indicates a widespread feeling that residents in the Home are happy and content with the facilities and care provided. The Home is registered with the Care Quality Commission ("CQC") and is subject to inspections, monitoring and review by CQC.
## **Public benefit**
In planning their activities the trustees have considered the Charity Commission’s guidance on public benefit. In particular, we ensure that the Home continues to accept and retain residents with limited private financial resources. We also arrange regular open days when local people are invited and encouraged to visit the Home to help ensure it is part of the community.
## **Financial review and reserves policy**
The Statement of Financial Activities for the year is set out on page 6 of the financial statements. Income the year amounted to £603,109 (2022: £665,552). Total expenditure amounted to £645,848 (2022: £618,842). Net expenditure for the year is £42,739 (2022: net income of £46,710). This results in unrestricted funds at the year end of £452,144 (2022: £494,883).
The accumulated funds of the charity at 31 December 2023 are shown in total in the Balance Sheet on page 7.
The trustees believe the minimum level of free reserves should be the equivalent of four months operating costs, calculated and reviewed annually. The required level at the year end is approximately £215,000. The reserves are needed because the charity is dependent upon income which is subject to fluctuation, and as it requires protection against the ability to continue operating despite unexpected and unforeseeable events, such as major repairs to the building. As at 31st December 2023 the charity has free reserves of £213,377. The free reserves are therefore meeting the minimum level required within an acceptable difference.
Our principal source of income continues to be rent received from residents. The main item of expenditure continues to be staffing, followed by maintenance of the premises. These are all directed towards the core objectives referred to above.
Shorts Chartered Accountants
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## **TAPTONHOLME**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **Plans for future periods**
The Executive Management Committee will continue to implement a rolling programme of improving the quality of the premises, the residents’ bedrooms, and all other common areas of occupancy. They will also invest in staff training and other related initiatives, to help ensure the quality of care provided is sustained and improved.
## **Trustees' indemnities**
The trustees, as directors of the company, have been granted a qualifying third party indemnity provision under section 234 of the Companies Act 2006. This does not provide cover in the event of a director being proved to have acted fraudulently or dishonestly.
## **Independent examiner**
A resolution to reappoint Kirstie Wilson as independent examiner will be proposed at the annual general meeting.
Shorts Chartered Accountants
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## **TAPTONHOLME**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Trustees' responsibilities statement**
The trustees (who are also directors of Taptonholme for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report of the trustees has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
On behalf of the board of Trustees
> [€][(owl] |[M] Signed by: **M E Cowell** 380DD95F3D72411... **Trustee and Chairman**
25 September 2024
Shorts Chartered Accountants
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## **TAPTONHOLME**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TAPTONHOLME**
## **Independent Examiner's Report to the Trustees of Taptonholme ('the charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2023.
## **Responsibilities and Basis of Report**
As the Trustees of the charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
In preparing this report, I have given due consideration to the guidance set out in CC32, in particular with regard to the provision of book-keeping services provided by the firm. I can confirm that the FRC’s Revised Ethical Standard has been applied.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.
Signed by: Signed: [bieB8CCCCC867C749A...Wilsovw. K Wilson
## **on behalf of Shorts**
Chartered Accountants 2 Ashgate Road, Chesterfield, Derbyshire, S40 4AA
25 September 2024
Shorts Chartered Accountants
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## **TAPTONHOLME**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 DECEMBER 2023**
|**Note**
**Income from:**
Donations and legacies
Investments
Other income – grants received
**Charitable activities:**
Fees for residential care
**Total income**
**Expenditure on:**
**Charitable activities**
5
**Total expenditure**
**Net movement in funds for the year**
**- net income/ (expenditure) for the year**
2
**Reconciliation of funds:**
**Funds brought forward at 1 January 2023**
**Funds carried forward at 31 December 2023**
|**Unrestricted**
**Total**
**Total**
**2023**
**2022**
**£**
**£**
2,231
110
2,055
747
7,654
3,266
598,823
661,429
610,763
665,552
645,848
618,842
645,848
618,842
(35,085)
46,710
494,883
448,173
459,798
494,883|
|---|---|
All amounts derive from continuing activities. All gains and losses recognised in the year are included in the Statement of Financial Activities.
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## **TAPTONHOLME**
## **BALANCE SHEET AS AT 31 DECEMBER 2023**
||**Note**|**Total**|**Total**|
|---|---|---|---|
|||**2023**|**2022**|
|||**£**|**£**|
|**Fixed assets**||||
|Tangible assets|6|233,857|224,836|
|||233,857|224,836|
|**Current assets**||||
|Debtors|7|22,399|10,105|
|Cash at bank and in hand||227,412|330,645|
|||249,811|340,750|
|**Creditors due within one year**|
8|(23,870)|(70,703)|
|**Net current assets**||225,941|270,047|
|**Total net assets**||459,798|494,883|
|**Funds**||||
|Designated funds|9|4,910|4,910|
|General funds|9|454,888|489,973|
|||459,798|494,883|
The charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
**----- Start of picture text -----**
[€] [(owl]
| [Mm] Signed by:
**----- End of picture text -----**
## **M E Cowell Trustee and Chairman**
## **Company No 1848130**
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## **TAPTONHOLME**
## **CASH FLOW STATEMENT AS AT 31 DECEMBER 2023**
|**Note**
**Cash flow from operating activities**
12
**Cash flow from investing activities**
Interest received
Fixed asset additions
**Net cash flow from investing activities**
**Net increase / (decrease) in cash and cash**
**equivalents**
**Cash and cash equivalents at 1 January 2023**
**Cash and cash equivalents at 31 December 2023**
13|**2023**
**£**
(89,688)
2,055
(15,600)
(13,545)
(103,233)
330,645
227,412|**2022**
**£**
88,064
747
(38,400)|
|---|---|---|
|||(37,653)|
|||50,411
280,234
330,645|
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## **TAPTONHOLME**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **General information**
Taptonholme is a private charitable company limited by guarantee incorporated in England and Wales (registered number: 1848130). It has a registered charity number 515698. Charity administration details can be found on the reference and administration pages of these financial statements. The charity’s aims and activities are explained in the trustees’ report.
## **Basis of accounting**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) – Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Taptonholme meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
The functional and presentation currency is pounds sterling.
## **Fund Accounting**
Unrestricted funds are those funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity, and which have not been designated for other purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for specific future purposes. Further details can be found in note 9 to the accounts.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes or allocated to specific grants.
## **Income**
All income, including legacies and grants, are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be measured reliably and it is probable that the income will be received.
Fees for residential care represents fees charged to residents and are included in the period in which
the service was provided.
## **Expenditure**
Expenditure is included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered.
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## **TAPTONHOLME**
## **NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES** - **continued**
## **Expenditure – continued**
Certain expenditure is directly attributable to specific activities and has been included in those cost categories. Certain other costs, which are attributable to more than one activity, are apportioned across cost categories on the basis of an estimate of the proportion of time spent by staff on those activities.
- Charitable activities include expenditure associated with providing residential care and include both the direct costs and support costs relating to these activities.
- Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.
## **Tangible fixed assets and depreciation**
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, as follows:
Fixtures fittings and equipment 10% straight line Kitchen refurbishment (1988) 4% straight line
As from 1 January 1994 the property is no longer depreciated (until 31 December 1993 the rate was 1% on a straight line basis). This accounting policy is a departure from the Companies Act 2006 requirement for all tangible assets to be depreciated and FRS102, but in the opinion of the trustees it is maintained in good condition so that it’s value is not significantly impaired by the passage of time and in consequence any element of depreciation would be immaterial.
## **Impairment of assets**
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.
## **Pension**
The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.
## **Taxation**
The company is considered to pass the tests set out in Sch. 6, para. 1 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Pt. 11, Ch. 3 of the Corporation Tax Act 2010 or s. 256 of the
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## **TAPTONHOLME**
## **NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES** - **continued**
## **Taxation – continued**
Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees considered the level of funds held and expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **Financial instruments**
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## **2. NET INCOME/ (EXPENDITURE) FOR THE YEAR**
||**2023**|**2022**|
|---|---|---|
|Deficit for the year is after charging: -|**£**|**£**|
|Depreciation|6,579|4,962|
|Independent examiner’s fee|2,188|1,606|
||______|______|
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## **TAPTONHOLME NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2023**
## **3. STAFF COSTS**
|The average number of employees during the year was
The costs incurred in respect of employees were: -
Wages and salaries
Social security costs
Defined contribution pension costs
|**2023**
**No**
24
**2023**
**£**
419,976
31,773
4,928
456,677|**2022**
**No**
21
**2022**
**£**
414,808
23,227
4,525
442,560|
|---|---|---|
No employees received emoluments of more than £60,000 in either year. The total amount of employment benefits received by key management personnel is £46,413 (2022: £53,680). The charity considers its key management personnel to comprise the Home Manager.
## **4. TRUSTEES REMUNERATION AND BENEFITS**
There were no trustees’ remuneration or other benefits paid during the year (2022: £nil).
There were no trustees’ expenses paid during the year (2022: £nil).
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## **TAPTONHOLME**
## **NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2023**
|**5.**
**ANALYSIS OF EXPENDITURE**
**Costs of charitable activities**
Wages
National insurance
Defined contribution pension costs
Agency staff
Staff recruitment and training
Payroll costs
Food and household
Insurance, water and council tax
Gas and electricity
Maintenance
Telephone and postage
Miscellaneous expenses
Advertising and promotion
Residents’ events
Depreciation
Bank charges
Legal expenses
**Governance costs**
Treasurer’s fee
Registration fees
Independent examiner’s fees
Total expenditure
Total expenditure - 2022|**Direct**
**Support**
**£**
**£**
419,976
-
31,773
-
4,928
-
16,343
-
7,852
-
4,032
-
48,120
-
15,813
-
26,669
-
35,890
-
2,252
-
4,965
-
2,505
-
1,820
-
6,579
-
1,060
-
95
-
630,672
-|**Direct**
**Support**
**£**
**£**
419,976
-
31,773
-
4,928
-
16,343
-
7,852
-
4,032
-
48,120
-
15,813
-
26,669
-
35,890
-
2,252
-
4,965
-
2,505
-
1,820
-
6,579
-
1,060
-
95
-
630,672
-|**2023**
**Total**
**£**
419,976
31,773
4,928
16,343
7,852
4,032
48,120
15,813
26,669
35,890
2,252
4,965
2,505
1,820
6,579
1,060
95
630,672|**2022**
**Total**
**£**
414,808
23,227
4,525
21,417
3,334
3,840
49,289
18,060
18,478
29,161
4,033
2,899
2,674
2,075
4,962
1,030
898
604,710
10,138
2,388
1,606
14,132
618,842|
|---|---|---|---|---|
||10,600
2,388
2,188
15,176|-
-
-
-|10,600
2,388
2,188
15,176||
||645,848
618,842|-
-|645,848
618,842||
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Docusign Envelope ID: 5BC26EE3-70AF-4D90-8994-294FE098F7EBDocusign Envelope ID: A623B489-4DDA-4CDE-8172-681E243A0248
## **TAPTONHOLME**
## **NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2023**
## **6. TANGIBLE ASSETS**
|**TANGIBLE ASSETS**|**TANGIBLE ASSETS**|**TANGIBLE ASSETS**|**TANGIBLE ASSETS**|||
|---|---|---|---|---|---|
|**Fixtures**
**Fittings &**
**Kitchen**
**Property**
**Equipment**
**Refurbishment**
**COST**
**£**
**£**
**£**
At 1 January 2023
194,833
117,136
52,146
Additions
-
15,600
-
_________
At 31 December 2023
194,833
132,736
52,146
**DEPRECIATION**
At 1 January 2023
12,503
76,829
49,947
Charge for the year
-
4,499
2,080
_________
At 31 December 2023
12,503
81,328
52,027
**NET BOOK VALUE**
At 31 December 2023
182,330
51,408
119
At 31 December 2022
182,330
40,307
2,199
**DEBTORS**
**2023**
**£**
Trade debtors
11,927
Prepayments
10,472
22,399|||||**Total**
**£**
364,115
15,600
379,715
139,279
6,579
145,858
233,857
224,836
**2022**
**£**
313
9,792
10,105|
||182,330|40,307|2,199
**2023**
**£**
11,927
10,472
22,399|||
|||||||
## **7. DEBTORS**
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Docusign Envelope ID: 5BC26EE3-70AF-4D90-8994-294FE098F7EBDocusign Envelope ID: A623B489-4DDA-4CDE-8172-681E243A0248
## **TAPTONHOLME**
## **NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2023**
## **8. CREDITORS**
|Trade creditors
Taxation and social security
Other creditors|**2023**
**£**
3,345
8,201
12,324
23,870|**2022**
**£**
9,936
11,478
49,289
70,703|
|---|---|---|
## **9. STATEMENT OF FUNDS**
## **FUNDS – CURRENT YEAR**
|**Designated funds**
Capital fund
(a)
**General funds**
General funds
Total funds|**1.1.23**
**£**
**Income**
**£**
**Expenditure**
**£**
**31.12.23**
**£**
4,910
-
-
4,910
**______**
489,973
610,763
**________**
(645,848)
_______
454,888
__
494,883
610,763
_
(645,848)
459,798
________|
|---|---|
(a) This fund was set up in the early 1990s for the purpose of financing building additions.
## **FUNDS – PRIOR YEAR**
|**Designated funds**
Capital fund
(a)
**General funds**
General funds
Total funds|**1.1.22**
**£**
**Income**
**£**
**Expenditure**
**£**
**31.12.22**
**£**
4,910
-
-
4,910
443,263
665,552
(618,842)
489,973
__
448,173
665,552
(618,842)
494,883|
|---|---|
## **10. RELATED PARTY TRANSACTIONS**
There were no related party transactions during the year (2022: £nil)
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Docusign Envelope ID: 5BC26EE3-70AF-4D90-8994-294FE098F7EBDocusign Envelope ID: A623B489-4DDA-4CDE-8172-681E243A0248
## **TAPTONHOLME**
## **NOTES TO THE ACCOUNTS - CONTINUED YEAR ENDED 31 DECEMBER 2023**
## **11. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**Current year**
Fixed assets
Cash and current investments
Other current assets
Current liabilities
Total
**Prior year**
Fixed assets
Cash and current investments
Other current assets
Current liabilities
Total|**Unrestricted**
**funds**
**Designated**
**funds**
**Total**
**2023**
**2023**
**2023**
**£**
**£**
**£**
233,857
-
233,857
222,502
4,910
227,412
22,399
(23,870)
-
-
22,399
(23,870)|
|---|---|
||454,888
4,910
459,798|
||**Unrestricted**
**funds**
**Designated**
**funds**
**Total**
**2022**
**2022**
**2022**
**£**
**£**
**£**
224,836
-
224,836
325,735
4,910
330,645
10,105
(70,703)
-
10,105
(70,703)|
||489,973
4,910
494,883|
## **12. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|Net income / (expenditure) for year
Interest receivable
Depreciation of tangible fixed assets
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash flow from operating activities|**2023**
**£**
(35,085)
(2,055)
6,579
(12,294)
(46,833)
(89,688)|**2022**
**£**
46,710
(747)
4,962
6,614
30,525|
|---|---|---|
|||88,064|
## **13.**
## **ANALYSIS OF CHANGES IN NET DEBT**
||**31 Dec**|**Cash**|**31 Dec**|
|---|---|---|---|
||**2022**|**flows**|**2023**|
||**£**|**£**|**£**|
|Cash and cash equivalent|330,645|(103,233)|227,412|
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