| Page | ||
|---|---|---|
| Trustees' Annual Report |
||
| Independent Examiner's |
Report | |
| Statement of Financial Activities |
||
| Balance Sheet | ||
| Notes to the Financial Statements |
| REFERE | NCE | AND ADMIN | ISTRATIVE DE |
TAILS | TAILS | |
|---|---|---|---|---|---|---|
| Name | Quarry Bank |
Community | Association | |||
| Charity | Number | 521324 | ||||
| Address | 364 Ormskirk | Road | ||||
| Skelmersd ale | ||||||
| Lancashire | ||||||
| WN8 9AL | ||||||
| Trustees | During the year members | ofthe Board of Trustees were as | ||||
| follows: | ||||||
| A Harrison | ||||||
| D Macnamara | ||||||
| G T Swift (ChairI | ||||||
| Independent | examiner | Paula Sanchez ACCA | ||||
| c/o LCVS, | ||||||
| 151 Dale Street, | ||||||
| Liverpool, | ||||||
| L2 2AH | ||||||
| Bankers | National Westminster |
Bank Pic | ||||
| Skelmersdale | Branch, | |||||
| 15The Concourse, | ||||||
| Skelmersdale, | ||||||
| Lancashire, | ||||||
| WNS 6LD |
| Notes | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Income and endowments | ||||||
| from: | ||||||
| Donations and legacies |
2a | '15 | 15 | 199 | ||
| Charitable activities |
2b | 12,817 | 12,817 | 33,837 | ||
| Other trading activities |
2c | 12,422 | 12,421 | 14,196 | ||
| Total income | 25,254 | 25,254 | 48,232 | |||
| Expenditure on |
||||||
| Charitable activities |
3 | 32,054 | 9,520 | 41,574 | 43,592 | |
| Total resources expended | 32,054 | 9,520 | 41,574 | 43,592 | ||
| Net Income/(expenditure) | (6,800) | (9,520) | (16,320) | 4,640 | ||
| Gain on revaluation | offixed | |||||
| assets | ||||||
| Net movement in |
funds | (6,800) | (9,520) | (16,320) | 4,640 | |
| Total funds brought | forward | 8, 9 | 589,111 | 9,567 | 598,678 | 594,038 |
| Total funds carried | forward | 7-9 | 582,311 | 47 | 582,358 | 598,678 |
| Notes | 31"October 2022 | 31"October | 2021 | |||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Tangible fixed assets | 529,697 | 532,474 | ||||
| Current assets | ||||||
| Debtors | 1,772 | 1,938 | ||||
| Cash at bank and | in hand | 52,331 | 65,028 | |||
| 54,103 | 66,966 | |||||
| Current liabilities |
||||||
| Creditors; amounts falling due within one year |
(1,442) | (762) | ||||
| Net current assets | 52,661 | 66,204 | ||||
| Total assets less | current | liabilities | 582,358 | 598,678 | ||
| Funds: | ||||||
| Unrestricted funds |
7, 8 | 582,311 | 589,111 | |||
| Restricted funds | 7, 9 | 47 | 9,567 | |||
| 582,358 | 598,678 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| b. Charitable | Activities | F | E | |||
| HMRC Job Retention Scheme | 5,727 | |||||
| Room Hire | 9,475 | 9,475 | 8,040 | |||
| West Lancashire Grant |
Covid 19Business | 3,342 | 3,342 | 'I4,945 | ||
| 12,817 | 12,817 | 33,837 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| c. Other trading | activities | F | F | E | E |
| Rental income | 12,422 | 12,422 | 14,196 |
| 3. | Expenditure | on charitable | on charitable | activities | activities | ||||
|---|---|---|---|---|---|---|---|---|---|
| Direct | Support & | Total | Total | ||||||
| Charitable | Governance | 2022 | 2021 | ||||||
| Expenditure | Costs | ||||||||
| F | E | F | P | ||||||
| To provides | open space for | use | by | ||||||
| local communities and also provide low cost office accommodation for |
24,865 | 'I6,709 | 41,574 | 43,592 | |||||
| social enterprises | |||||||||
| a) Analysed | as | follows: | |||||||
| 2022 | 2021 | ||||||||
| Direct charitable | expenditure: | F | |||||||
| Building running |
costs | 21,534 | 9,861 | ||||||
| Insurance | 3,235 | 4,116 | |||||||
| Refreshments | 96 | 47 | |||||||
| 24,865 | 14,024 |
| Support 8 governance | costs: | costs: | E | |
|---|---|---|---|---|
| Staff salary costs | 11,017 | 10,338 | ||
| Office costs | 2,005 | 'l,756 | ||
| Rental payments | 13,650 | |||
| PPE covid protection | 10 | |||
| Loss on disposal oftangible | fixed asset | 112 | ||
| Sundry | 200 | 102 | ||
| Accountancy | 710 | 710 | ||
| Depreciation | 2,777 | 2,890 | ||
| 16,709 | 29,568 | |||
| Total expenditure on activities |
charitable | 41,574 | 43,592 |
| OTES TO THE FINANCIAL STATEMENTS Tangible fixed assets |
FOR THE YEA | R ENDED 31 | OCTOB |
|---|---|---|---|
| Land & | Computer | Total | |
| Building | Equipment | ||
| Cost or revaluation | F | F | |
| As at 1"November 2021 |
535,000 | 794 | 535,794 |
| Additions during the year |
|||
| Disposals during the year |
|||
| Balance as at31"October 2022 | 535,000 | 794 | 535,794 |
| Accumulated Depreciation As at 1"November 2021 |
2,675 | 645 | 3,320 |
| Charge for the year | 2,675 | 102 | 2,777 |
| Disposals during the year |
(-) | (-) | (-) |
| Balance as at31"October 2022 | 5„350 | 747 | 6,097 |
| Net Book Value at31"October 2022 | 529,650 | 47 | 529,697 |
| Net Book Value at 31"October 2021 | 532,325 | 149 | 532,474 |
| TES TO THE FINANCIAL STAT nalysis ofnet assets between |
EMENTS FOR THE YE funds |
AR ENDED 31sT | OCTOBER |
|---|---|---|---|
| 2022 | Tangible fixed | Net current | |
| assets | assets | Total | |
| Unrestricted Funds |
F | ||
| General Fund |
529,650 | 52,661 | 582,311 |
| Restricted Funds |
|||
| Big Lottery Fund Grant— Awards for All |
47 | 47 | |
| Totals | 529,697 | 52,661 | 582,358 |
| 2021 | Tangible fixed | Net current | |
| assets | assets | Total | |
| Unrestricted Funds |
F | ||
| General Fund |
532,325 | 56,786 | 589,111 |
| Restricted Funds |
|||
| Big Lottery Fund Grant— Awards for All |
149 | 418 | 567 |
| National Lottery Community Fund (Covid Response) |
9,000 | 9,000 | |
| 149 | 9,418 | 9,567 | |
| Totals | 532,474 | 66,204 | 598,678 |
| Funds | Income | Expenditure | Gain on | Funds | |||
|---|---|---|---|---|---|---|---|
| 2022 | at | Beginning | revaluation | at End | |||
| ofyear f |
offixed f |
ofyear f |
|||||
| General | Fund | 589,111 | 25,254 | (32,054) | 582,311 | ||
| Funds | Income | Expenditure | Gain on | Funds | |||
| 2021 | at | Beginning | revaluation | at End | |||
| ofyear | offixed | ofyear | |||||
| General | Fund | 574,145 | 48,232 | (33,266) | 589,111 |