| Trustees | Mrs KWainwright | ||
|---|---|---|---|
| Mrs JM Nadin | |||
| Mrs YWalker | |||
| Mrs RBirchall | |||
| Mr N Barton | |||
| Mrs SBrightwell | |||
| MrJR Hulse | |||
| Mrs BC Cook | |||
| Mrs C Goodwin | |||
| Citarity uuntber | 520000 | ||
| Independent | examiner | Colin Higginson | -FCCA |
| Hammond McNulty LLP |
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| Bank House | |||
| Market Square | |||
| Congleton | |||
| I'heshire | |||
| CW12 IET |
| Page | |||
|---|---|---|---|
| Trustees' repute |
1-2 | ||
| Indepelidellt examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 6- 12 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| Notes | 8 | f | ||
| Income from: | ||||
| Donations and legacies |
10,703 | |||
| CI | ||||
| Hall hire | 27,557 | 15,403 | ||
| Bar fees | 1,045 | |||
| The Close rental | income | 6,600 | 6,600 | |
| Total income | 35,202 | 32,706 | ||
| E* Ch |
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| Charitable activities |
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| Village Hall expenditure | 31,353 | 18,708 | ||
| The Close expenditure | 1,992 | 5,051 | ||
| Total charitable | expenditure | 33,345 | 23,759 | |
| Net income for | the year/ | |||
| Net movement | in funds | 1,857 | 8,947 | |
| Fund balances at I January 2022 | 825,533 | 816,586 | ||
| Fund balances | at 31December 2022 | 827,390 | 825,533 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | |||||||||
| Fixed assets | |||||||||
| Tangible assets | 12 | 480,955 | 480,955 | ||||||
| Investment | property | 13 | 300,000 | 300,000 | |||||
| 780,955 | 780,955 | ||||||||
| Current assets |
|||||||||
| Cash at bank and in | hand | 47,655 | 45,798 | ||||||
| Creditors: | amounts | falling due within | one | ||||||
| year | 14 | (1,220) | (1,220) | ||||||
| Net current | assets | 46,435 | 44,578 | ||||||
| Total assets | less current | liabilities | 827.390 | 825,533 | |||||
| Inconie funds | |||||||||
| Unrestricted | funds | 827,390 | 825,533 | ||||||
| 877,390 | 825,533 |
| I | Accounting policies |
(Continued) | ||||
|---|---|---|---|---|---|---|
| 1.5 | Expenditure | |||||
| Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is |
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| probable that a transfer of economic benefits will be irequired in settlement, and the amount |
of the | obligation can be |
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| measured reliably. |
||||||
| Expenditure is classified by activity. The costs |
ofeach activity are made up of the total of |
direct | costs | and shared costs, | ||
| including support rosts involved in undeitaking |
each activity. Direct costs attributable to |
a single activity are allocated |
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| directly to that activity. Shared costs which |
contiibute to more than one activity and |
support | costs which are not |
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| attributable to a single activity are apportioned |
between those activities on a basis consistent |
with the | use ofresources. | |||
| Central staff costs are alloratcd on thc hasta of iinm spenh and dcprcciation charges arc allocated |
on | the poriion of thc | ||||
| asset's use. | ||||||
| I.6 | Tangible lixed assets | |||||
| langible fixed assets are initially measured at |
cosi and subsequenily measureil «t cost or |
valuation, nei of depreciation |
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| and any impaimient losses. |
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| Depreciation is recognised so as to write offthe |
cost or valuation ofassets less their residual | values | over their useful lives | |||
| on the following bases: |
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| Freehold land and buildings |
not depreciated | |||||
| The gain or loss arising on the disposal of an |
asset is determined as the difference between |
the | sale | proceeds and the |
||
| ca»ying value ofthc asset, and is rccogniscd in |
thc statcmcnt oftinancial activities. |
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| I.q | Investment proper:y |
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| investment property, which is property held to |
earn rentals and/or for capital appreciation, |
is | initially recognised at cost, |
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| which includes the purchase cost and any directly attributable expenditure. Subsequently |
it is measured at fair value at |
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| the reporting end date. The surplus or deficit on |
revaluation is recognised in profit or loss. |
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| i.g | Impairment ofrlxed assets |
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| At each reporting end date, the charity reviews |
the carrying amounts ofits tangible assets |
to | determine | whether there is |
||
| any indication that those assets have suffered an impairment loss. Ifany such indication exists, |
the | recoverable amount of |
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| the asset is estimated in order to determine the extent ofthe impairment loss (ifany). |
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| 1.9 | Cash and cash equivalents | |||||
| Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term |
liquid | investments with |
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| original maturities ofthree months or less, and |
bank overdraits. Bank overdrafts are shown |
within | borrowings in current |
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| liabilities. | ||||||
| Basicfmaaciai assets | ||||||
| Basic financial assets, which include debtors |
and cash and bank balances. are initially |
measured at transaction price |
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| including transaction co t and are sub equently carried at amorti ed cost using the effective |
interest | method unless the |
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| arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future |
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| receipts discounted at a market rate ofinterest. |
Financial assets classified as receivable within |
one | year | are not amortised. |
| Total | Unrestricted | ||
|---|---|---|---|
| funds | |||
| 2022 | 2021 | ||
| f | |||
| Donations | and giffs | 700 | |
| Government | grants | 10,003 | |
| 10,703 | |||
| Donations | and gifts | ||
| Donations | 700 | ||
| 700 |
| 3 | Donations | and legacies | (Continued) | |
|---|---|---|---|---|
| Grants receivable for core activities | ||||
| Cheshire East Covid-19 grants | 10,003 | |||
| 10,003 | ||||
| 4 | Charitable | activities | ||
| Hall hire | Hall hire | |||
| 2022 | 2021 | |||
| Charitable | rental income | 27,557 | 15,403 | |
| 5 | Barfees | |||
| Unrestricted | Total | |||
| funds | ||||
| 2022 | 2021 | |||
| Bar fees | 1,045 | |||
| 6 | The Close | rental income | ||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2022 | 2021 | |||
| Rental income | 6,600 | 6,600 |
| Village Hall | The Close | Total | Village Hall | The Close | Total | |||
|---|---|---|---|---|---|---|---|---|
| expenditure | expenditure | 2022 | expenditure | expenditure | 2021 | |||
| 2022 | 2022 | 2021 | 2021 | |||||
| K | 8 | |||||||
| Rates and | water | 509 | 509 | 123 | 123 | |||
| Insurance | 1,009 | 324 | 1,333 | 886 | 275 | 1,161 | ||
| Light and | heat | 2,675 | 2,675 | 2,250 | 2,250 | |||
| Telephone | 728 | 728 | 697 | 697 | ||||
| Stewards' | fees | 9,460 | 9,460 | 9,030 | 9,030 | |||
| Computer | expenses | 75 | 75 | |||||
| Cleaning | and sundries | 3,060 | 3,060 | 799 | 799 | |||
| Repairs, maintenance | and | |||||||
| renewals | 12,301 | 1,668 | 13,969 | 4,4111 | 4,776 | 9,194 | ||
| Licences | 1,251 | 1,251 | 70 | 70 | ||||
| 30,993 | 1,992 | 32,985 | 18,348 | 5,051 | 23,399 | |||
| Share ofgovernance | costs | |||||||
| (see note | 8) | 360 | 360 | 360 | 360 | |||
| 31,353 | 1,992 | 33,345 | 18,708 | 5,051 | 23,759 | |||
| Support | costs | |||||||
| Support costs | Governance | 2022 | 2021 | |||||
| costs | ||||||||
| 8 | ||||||||
| Audit fees | 360 | 360 | 360 | |||||
| 360 | 360 | 360 | ||||||
| Anaiysed | between | |||||||
| Charitable | activities | 360 | 360 | 360 |
| 12 | Tangible lixed assets | |||
|---|---|---|---|---|
| Prechatd | land | aad buildings | ||
| Cost | ||||
| At I January 2022 | 480,955 | |||
| At 31 December 2022 | 480,955 | |||
| Carrying amount |
||||
| At 31 December 2022 | 480,955 | |||
| At 31 December 2021 | 480.955 |
| Investment property |
||
|---|---|---|
| 2022 | ||
| Fair value | ||
| At I January 2022 and 31December 2022 | 300,000 | |
| 2022 | 2021 | |
| Freehold | 300,000 | 300,000 |
| Long leasehold | ||
| Short leasehold |
| 2022 | 2021 |
|---|---|
| 1,220 | 1,220 |