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2023-09-30-accounts

Registered Charity Number: 523579

Report of the Trustees and Financial Statements for the 15 months ended 30 September 2023 For

Shaw Cross Club for Young People (Shaw Cross Boys’ Club, Dewsbury)

Shaw Cross Club for Young People Contents of Financial Statements for period ended 30 September 2023

Page
Report of the Trustees 1 - 5
Independent examiners report 6
Statement of Financial activities 7
Balance Sheet 8
Notes to the Financial Statements 9 - 15

Shaw Cross Club for Young People Report of the Trustees for period ended 30 September 2023

The trustees present their report with the financial statements of the charity for the 15 months ended 30 September 2023. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and the provisions of ‘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)’ (the Charity SORP).

Governing document

The charity is controlled by its governing document, a deed of trust dated 28 July 1961, and its Constitution adopted 9 September 2021. The charity is unincorporated.

Purpose

The purpose of Shaw Cross Club for Young People is to provide opportunities for people to play Rugby League by organising and administering matches and competitions on behalf of teams within the club.

REFERENCE AND ADMINISTRATIVE DETAILS

Name of the charity: Shaw Cross Boys’ Club, Dewsbury Also known as: Shaw Cross Club for Young People Shaw Cross Sharks ARLFC

Registered Charity number 523579

Principal address: 667 Leeds Road, Dewsbury, West Yorkshire, WF12 7HP

Trustees

Mr. M. Turner (Club President and Vice Chairperson) Mr. B. Turner (Chairperson) Mr. D.M. Hird BEM (Honorary Secretary) Mr. J. Ellis (General Secretary) Mr. J. Webster (Treasurer) appointed 16 January 2023 Mr. D. Ellis Mr. M. Walker appointed 16 January 2023 Mr. M. Osborne appointed 16 January 2023 Mr. T. Scargill appointed 16 January 2023

Also during the year: Mr. P Burton resigned 16 January 2023 Mr. G Parker resigned 16 January 2023

Page 1

Advisers: Bankers

Bankers - Clydesdale Bank Plc, trading as Virgin Money 46 Market Place, Dewsbury, WF13 1DN Accountants - Forrest Burlinson Chartered Accountants 20 Owl Lane, Shaw Cross, Dewsbury, WF12 7RQ

Custodian Trustee holding title to property on behalf of the charity: Mr. D.M. Hird BEM

STATEMENT ON PUBLIC BENEFIT

The trustees confirm that they have considered the Charity Commission’s guidance on public benefit in deciding the activities and operations of the charity and trust that this is demonstrated by this report.

ACHIEVEMENTS AND PERFORMANCE IN THE YEAR

Chairperson’s Report

Once again, we have some of the highest participation numbers in the whole of Yorkshire. Our members, volunteers and coaches, along with our sponsors are the lifeblood of the club and I would like to thank them for their support and generosity.

We have seen more improvements to the clubhouse, which is looking better than ever. A big help with funding this work has come from our school camps.

This year saw us host our first music festival, Shark Fest which was a big success and hopefully something that we can build upon each year and strive to improve as we go. Our two day junior gala was hosted on the wettest weekend of the summer, but it didn’t dampen the spirits of the participants and organisers, who put on a brilliant event as always. We hosted the French exchange this year. It was a great success, thanks to everyone who took part and to all those that organised it. The French exchange is a big part of the club and something to sing about.

We have had a number of our girls joining Super League teams, with 7 of them taking part in the women’s academy launch at Leeds Rhinos. Two of them for the under 19’s and five in their under 16’s pathway program. I really hope that 2024 is the year that we see women’s open age rugby league at Shaw Cross and I know that there is work going on behind the scenes to make that happen.

On the pitch, we managed to reach plenty of finals but won a single Heavy Woollen Cup at under 12’s. While we must celebrate the good points, and winning is not the be all and end all, I think that we can agree that a club of our size should strive to be competing for more silverware and also aiming to provide more players for the men’s professional game. Our own men’s open age team narrowly lost their NCL division 2 play-off final at home and will be hoping to go one better next season. Our young squad should stand every chance if they keep improving at the rate they have been.

I am lucky to hold the position that I do, and very proud of what we do as a club and I want to thank everyone who contributes to that.

Brett Turner Chairperson

Page 2

Secretary’s Report

The past year has presented us with significant financial challenges, and our initial forecasts indicated a tough road ahead. However, we have taken several positive steps to address these issues. Our primary objective was to secure funding for upgrading our existing solar panels and installing batteries to reduce costs and increase energy efficiency. We began the year by addressing the state or our facilities.

The Junior Section funded the installation of new flooring in the members’ bar, whilst we also repaired the roof, which had suffered water damage in the members’ bar and main bar area. In addition, we replaced the old gas heating system with energy-efficient air conditioning units, thanks to grants from the Freemasons. These upgrades allow us to heat or cool specific spaces, further reducing our energy consumption.

We successfully secured over £22,000 in funding for the solar panel project (£10,000 in this period), which was completed after the period end. To accommodate the battery storage we created a new physio room in the old coaches’ room and refurbished the referees’ room. Extensive maintenance and decorating work has been carried our throughout the club.

The appointment of a new Head of Youth has been well received, leading the under 18s to a successful season and providing more opportunities for players to participate in open-age teams.

Our “Shark Fest” event was a tremendous success, raising approximately £5,000 for the club. We are eagerly anticipating the next event.

The French exchange was one of the most successful so far. It is a credit to the teams involved for the number of supporters and volunteers that they had. I must take my hat off to everyone who helped.

The Rhinos weekend was a great experience. Well done the under 12s Blacks for bringing home the Gary Talbot Heavy Woollen Cup.

Finally, our first team had a fantastic season, they might not have won the play-off but they did the club proud.

It is easy to support the club and there are many ways to do this, the easiest is to get to club events, stay a little longer after games, and most importantly, enjoy yourselves. Being a Shark is about more than turning up for a quick game of rugby; it is about getting behind the club and being part of the family. Get your hand up to volunteer, get involved! You’ll enjoy it more than you think.

Thank you to all our volunteers, none of this would be possible without you.

Joe Ellis General Secretary

Page 3

FINANCIAL REVIEW

The accounts have been prepared on a 15-month period to align with the club playing season. During the year the charity received total income of £427,511 (2022: £292,384). Income consists of bar takings, subscriptions, sponsorship, room hire and grants. Total expenditure for the year was £429,417 (2022: £260,745). A deficit of £1,906 has arisen (2022: surplus £31,639).

Reserves as at 30 September 2023 were £107,901 (2022: £109,807), of which £11,176 are restricted funds.

The impacts on our finances has been:

Looking forward we have secured grants of over £22,000 for additional solar panels and batteries to continue to reduce energy costs. Further bar and members’ bar area refurbishment will be done to encourage 7-day usage of room hire. We will continue to build on the School Camps and Shark Fest.

We must continue to look to improve the financial stability of the club, we have had 2 years of losses through Covid and then making improvements to the club. We only have 3 years of cover from the bounce back loan.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is controlled by its trustees who are named above. The board of trustees shall consist of no more than eight members and no less than four. Trustees are appointed by the Executive Committee.

Management of the club is by Executive Committee consisting of office holders and co-opted members. Members of the executive committee are elected by the members.

The Executive Committee manage a number of sub-committees to help with the affairs and management of the club and teams.

Membership of the club is open to anyone interested in sport on application regardless of sex, age, disability, ethnicity, nationality, sexual orientation, religion or other beliefs. Membership may be limited according to available facilities on a non-discriminatory basis.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales 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 charity and of the income and expenditure of the charity for that period. In preparing financial statements, the trustees are required to:

Page 4

The trustees are responsible for keeping accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 19 July 2024 and signed on their behalf by:

Mr. B Turner – Chair

Page 5

Independent Examiner’s Statement on the Unaudited Accounts for Shaw Cross Club for Young People (Shaw Cross Boys’ Club, Dewsbury) charity no. 523579.

I report on the accounts of Shaw Cross Club for Young People (Shaw Cross Boys’ Club, Dewsbury) for the period ended 30 September 2023, which are set out on pages 7 to 16.

I am qualified to report in accordance with section 145(3) of the Charities Act 2011 (the 2011 Act) by being a member of the Institute of Chartered Accountants in England and Wales.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the 2011 Act. The trustees consider that an audit is not required for this year under section 144(2) of the 2011 Act and that an independent examination is needed.

I report in respect of my examination of the trustees’ accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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.

Use of our report

This report is made solely to the charity’s trustees, as a body. 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, for this report, for the statements I have made, or for the opinions I have stated.

……………………………………………… dated 19 July 2024

Darren Broadbent

For and on behalf of Forrest Burlinson, a member firm of the Institute of Chartered Accountants in England and Wales. 20 Owl Lane, Shaw Cross, Dewsbury, WF12 7RQ.

Page 6

Shaw Cross Club for Young People Statement of Financial Activities for the period ended 30 September 2023

Charity No. 523579

----- Start of picture text -----
Unrestricted Restricted Total
Funds Funds Funds Total Funds
15 months 15 months 15 months as restated
2023 2023 2023 2022
Notes £ £ £ £
Income from:
Donations and other voluntary income 4 107,657 34,202 141,859 82,872
Charitable activities 5 65,281 - 65,281 28,430
Other trading activities 6 220,371 - 220,371 131,430
Transfers from other committees 2 - - - 49,652
Total Income 393,309 34,202 427,511 292,384
Expenditure on
Costs of raising funds 7 178,023 - 178,023 110,490
Charitable activities 8 228,368 23,026 251,394 150,255
Total Expenditure 406,391 23,026 429,417 260,745
Net Income / (Expenditure) 11 (13,082) 11,176 (1,906) 31,639
and Net Movements in Funds
Total funds brought forward 109,807 - 109,807 78,168
Total funds carried forward 19 96,725 11,176 107,901 109,807
----- End of picture text -----

Page 7

Shaw Cross Club for Young People Balance Sheet as at 30 September 2023

Charity No. 523579

----- Start of picture text -----
Total Total Funds
Funds as restated
2023 2022
Notes £ £
Fixed Assets
Tangible assets 15 46,184 51,046
Current Assets
Stocks 2,453 2,750
Debtors 16 4,878 5,665
Cash at bank and in hand 92,438 99,974
99,769 108,389
Liabilities:
Creditors amounts falling due within one period 17 (18,052) (17,128)
Net Current Assets 81,717 91,261
Total Assets Less Current Liabilities 127,901 142,307
Creditors amounts falling due after more than one period 18 (20,000) (32,500)
Total Net Assets 107,901 109,807
The funds of the charity: 19
Unrestricted Funds
General Fund 29,945 54,985
Designated Funds 66,780 54,822
Total unrestricted funds 96,725 109,807
Restricted Funds 11,176 -
Total Funds 107,901 109,807
----- End of picture text -----

The notes on pages 8 to 14 form part of these accounts.

Approved by the board of trustees on 19 July 2024 and signed on their behalf by:

………………………………………………………..

B. Turner - Trustee

Shaw Cross Club for Young People (charity no. 523579)

Page 8

Shaw Cross Club for Young People Notes to the financial statements for the period ended 30 September 2023

Charity No. 523579

1. Accounting policies

The charity is a public benefit entity as defined by FRS 102.

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

1.1. Basis of preparation of the accounts

The accounts are prepared under the historical cost convention and include the results of the charity's operations which are described in the Trustees' Annual Report and all of which are continuing. The accounts have been prepared in accordance with the Statement of Recommended Practice: ' Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ' (Charities SORP) , and with FRS 102, applying the disclosure requirements of section 1A, other than where additional disclosure is required by the Charity SORP or in order to show a true and fair view, and the Charities Act 2011 and applicable regulations. The accounts are presented and rounded in whole UK pounds.

These accounts have been prepared for a 15 month period from 1 July 2022 to 30 September 2023, this change is to better coincide with the charity's activities. Comparable amounts are for a 12 month period.

1.2. Legal status

The charity is an unincorporated entity governed by a trust deed and the club's adopted constitution.

1.3. Income

Income is included in the Statement of Financial Activities when:

Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is more likely than not that the income will be received and the amount can be measured with sufficient reliability and is not deferred.

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the economic benefit from the use by the charity of the item is more likely than not to be received and can be measured reliably. In accordance with the Charities SORP (FRS 102), the time of the many volunteers is not recognised.

1.4. Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Income and expenses are not offset, unless permitted by the Charity SORP or FRS 102.

Page 9

Shaw Cross Club for Young People Notes to the financial statements for the period ended 30 September 2023

Charity No. 523579

The charity is registered for VAT which is charged as a cost where the VAT is irrecoverable. This can be where the cost is related to an activity that is not a chargeable activity for VAT purposes, or where the cost is not directly attributable to either a vatable or non-vatable activity and a proportion of the VAT is irrecoverable. Irrecoverable VAT is included as a cost under the relevant heading.

1.4. Tangible fixed assets for use by the charity and depreciation

Tangible fixed assets for use by the charity are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets less their estimated residual value over their expected useful lives on the following bases: Freehold property on a straight line basis on cost over 20 periods. Fixtures and fittings on a reducing balance basis at a rate of 15%. No depreciation is charged on freehold land.

1.5. Stocks

Stocks are included at the lower of cost and net realisable value after making provision for any obsolete or slow moving items.

1.6. Debtors and cash and bank balances

Debtors and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one period are not amortised.

1.7. Creditors and bank loans

Creditors and bank loans are classified as current liabilities if payment is due within one period or less. If not, they are presented as non-current liabilities. Creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities classified as payable within one period are not amortised.

The bank loan is a 'bounce back recovery loan' and is being repaid on a monthly basis, full repayment is expected to be by September 2026.

1.8. Fund accounting

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Designated funds are unrestricted funds that have been set aside by the trustees at their discretion to use for a particular purpose.

Restricted funds are held and maintained seperately from other funds in recognition of the circumstances in which the resources were originally received, and/or the restrictions on that fund the determine the way those resources are subsequently to be treated.

Where necessary a further explanation of the nature and purpose of each fund is included below.

1.9. Taxation

No corporation tax has been provided in these accounts because the trustees believe that the income and gains of the charity are within the exemptions granted by Chapters 2 and 3 of the Corporation Tax Act 2010.

Page 10

Shaw Cross Club for Young People Notes to the financial statements for the period ended 30 September 2023

Charity No. 523579

2. Prior period adjustment

The prior period has been restated to account for funds managed by other committees, this has been treated as an error in prior periods, as these funds should have been accounted for as income, expenditure and reserves. The required adjustment was £49,652, which has been included as income for the prior period. Opening reserves for the period have been restated from £78,168, to £109,807.

The prior period adjustment was on unrestricted funds only.

Designated funds have now been set up for these funds as detailed in note 19.

3. Going concern

There are no material uncertainties about the charity's ability to continue as a going concern.

4. Donations and other voluntary income:
Donations and fundraising
Grants
5. Income from charitable activities:
Members subscriptions
Other activities
Insurance claim
6. Other trading activities:
Sponsorship
Bar sales
Room hire and car park
Total
7. Costs of raising funds
Bar stock
Bar services
Total		 Unrestricted
Restricted
Total
Funds
Funds
Funds
2023
2023
2023
£
£
£
47,040
-
47,040
60,617
34,202
94,819
107,657
34,202
141,859
Unrestricted
Funds
2023
£
54,930
10,351
-
65,281
Unrestricted
Funds
2023
£
58,540
156,555
5,276
220,371
Unrestricted
Restricted
Total
Funds
Funds
Funds
2023
2023
2023
£
£
£
124,904
-
124,904
53,119
-
53,119
178,023
-
178,023		 Total Funds
as restated
2022
£
61,905
20,967
82,872
Total Funds
as restated
2022
£
19,310
320
8,800
28,430
Total Funds
as restated
2022
£
20,527
103,692
7,211
131,430
Total Funds
as restated
2022
£
71,001
39,489
110,490

Page 11

Shaw Cross Club for Young People Notes to the financial statements for the period ended 30 September 2023

Charity No. 523579

----- Start of picture text -----
8. Expenditure on charitable activities: Unrestricted Restricted Total Total Funds
Funds Funds Funds as restated
2023 2023 2023 2022
£ £ £ £
Kits, trophies, etc. 69,565 - 69,565 70,737
Referees 3,538 - 3,538 1,493
Training camp costs 8,547 23,026 31,573 -
Gym/winter training 11,528 - 11,528 4,741
Pitch hire 1,658 - 1,658 -
Open Age direct costs 8,195 - 8,195 -
Junior direct costs 13,595 - 13,595 -
French exchange costs 6,635 - 6,635 -
Travel costs 11,577 - 11,577 -
75th Anniversary - - - 2,818
RFL CCF tickets - - - 2,371
Property related costs 9 79,261 - 79,261 59,146
Telephone 1,675 - 1,675 774
Donations - - - 662
Accounting fees 2,400 - 2,400 84
Professional fees 1,150 - 1,150 -
Bank loan interest 1,216 - 1,216 852
Sundries 2,966 - 2,966 2,444
Depreciation 4,862 - 4,862 4,133
Total 228,368 23,026 251,394 150,255
9. Property related costs Unrestricted Restricted Total Total Funds
Funds Funds Funds as restated
2023 2023 2023 2022
£ £ £ £
Cleaning & Waste Disposal 2,706 - 2,706 2,417
Rent - - - 92
Insurance 5,674 - 5,674 5,512
Light & Heat 20,270 - 20,270 11,289
Rates & Water 4,944 - 4,944 2,257
Repairs & Maintenance 41,188 - 41,188 36,584
Refurbishment 4,479 - 4,479 995
Total 79,261 - 79,261 59,146
----- End of picture text -----

10. Support costs

As the charity has one charitable activity (operating the club), the only costs that constitute support costs are those incurred in the goverance of the charity and were £4,766 (2022: £936).

Page 12

Shaw Cross Club for Young People Notes to the financial statements for the period ended 30 September 2023

Charity No. 523579

----- Start of picture text -----
||||| |---|---|---|---| |11.|Movements on funds|2023|2022| |Movements on funds is stated after charging:|£|£| |Depreciation|4,862|4,133| |Fees to the independent examiner (for 2 years)|2,400|-| |Interest on bank borrowing|1,216|852|

----- End of picture text -----

12. Trustrees' remuneration and expenses

There were no trustees' remuneration and expenses in the period, or the prior period.

13. Related party disclosures

The club purchases kits and clothing from Ravensport (Raven Branding Limited), a business controlled by B. Turner and M. Turner. The total purchases in the 15 month period were £51,087 (2022: £50,761).

T. Scargill invoiced for plumbing services through his business, the total for the period was £5,459. There were no other related party transactions that require disclosure under the Charity SORP (FRS 102) paragraph 9.17 in the period, or the prior period.

14. Volunteers

The charity is grateful for the many hours given by volunteers.

In accordance with accounting standards this contribution is not quantified in these accounts.

----- Start of picture text -----
||||| |---|---|---|---| |15.|Tangible fixed assets for use by the charity|Freehold|Fixtures &| |Property|Fittings|Total| |£|£|£| |Cost| |At 1 July 2022|67,968|54,226|122,194| |At 30 September 2023|67,968|54,226|122,194| |Depreciation| |At 1 July 2022|26,110|45,038|71,148| |Charge for the period|3,139|1,723|4,862| |At 30 September 2023|29,249|46,761|76,010| |Net Book Value| |At 30 September 2023|38,719|7,465|46,184| |At 30 September 2022|41,858|9,188|51,046| |16.|Debtors|2023|2022| |as restated| |£|£| |Taxation and social security|298|-| |Other Debtors|4,580|5,665| |Total|4,878|5,665|

----- End of picture text -----

Page 13

Shaw Cross Club for Young People Notes to the financial statements for the period ended 30 September 2023

Charity No. 523579

17. Creditors: amounts falling due within one period

17. Creditors: amounts falling due within one period
2023
£
Trade Creditors
5,396
Taxation and social security
-
Accruals
2,656
Bank Loan
10,000
Total
18,052
18. Creditors: amounts falling due after more than one period
2023
£
Bank Loan
20,000
20,000
19. Analysis of charitable funds
balance
restated as at
RESTRICTED FUNDS
1 July 2022
Income
Expenditure
£
£
£
One Community (Household Support Fund)
-
24,202
(23,026)
Grant for Solar Panels (Mazars)
-
10,000
-
-
34,202
(23,026)
The above restricted funds are from grant funding which can only be used for a particular purpose.
UNRESTRICTED FUNDS
General fund
54,985
304,773
(329,813)
Designated funds
Other committees:
Building account
12,263
30,319
(16,719)
Juniors section
33,657
33,053
(32,842)
French
7,347
3,404
(6,635)
Open Age
1,555
21,760
(20,382)
Total designated funds
54,822
88,536
(76,578)
Total unrestricted funds
109,807
393,309
(406,391)
Total funds:
109,807
427,511
(429,417)		 2022
as restated
£
3,687
641
2,800
10,000
17,128
2022
as restated
£
32,500
32,500
balance as at
30 Sept2023
£
1,176
10,000
11,176
29,945
25,863
33,868
4,116
2,933
66,780
96,725
107,901

Each of the above designated funds are activities managed by sub-committees.

Page 14

Shaw Cross Club for Young People Notes to the financial statements for the period ended 30 September 2023

Charity No. 523579

----- Start of picture text -----
balance restated
Analysis of charitable funds - PRIOR period restated as at balance as at
1 July 2021 Income Expenditure 30 Sept 2022
£ £ £ £
Restricted funds - 10,000 (10,000) -
Unrestricted funds 78,168 232,732 (250,745) 60,155
Transfers from other committees - 49,652 - 49,652
Total funds: 78,168 292,384 (260,745) 109,807
20. Analysis of net assets between funds Unrestricted Restricted Total Unrestricted
Funds Funds Funds Funds
as restated
2023 2023 2023 2022
£ £ £ £
Tangible fixed assets 46,184 - 46,184 51,046
Current assets 88,593 11,176 99,769 108,389
Creditors falling due within one period (18,052) - (18,052) (17,128)
Creditors falling due after more than one period (20,000) - (20,000) (32,500)
96,725 11,176 107,901 109,807
----- End of picture text -----

Page 15