2022-12-31-accounts - Spring Bank Community Association

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	Pages
Trustees' Annual Report	2to 3
Statement of Financial Activities
Balance Sheet
Statement ofCash flows	13
Notes to the Accounts	6to 12
Detailed Statement of Financial Activities	14to 15

for the year	ended	31Decemb	er 2022
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2022	2022	2022	2021
			Notes	E	f	E
Income and	endowments
from:
Donations	and legacies			44,432		44,432	72,648
Charitable	activities			23,470		23,470	6,936
Investments				29		29	2
Other							7,040
Total				67,931		67,931	86,626
Expenditure	on:
Other				67,986		67,986	101,494
Total				67,986		67,986	101,494
Net gains on	investments
Net expenditure				(55)		(55)	(14,868)
Transfers between		funds
Net expenditure before other gains/(losses)				(55)		(55)	(14,868)
Other gains	and losses
Net movement in funds				(55)		(55)	(14,868)
Reconciliation offunds:
Total funds brought		forward		51,797	16,567	68,364	83,232
Total funds carried		forward		51,742	16,567	68,309	68,364

at 31December 202	at 31December 202	2
Charity No. 700591				2022	2021
				f	f
Fixed assets
Tangible assets			10	41,269	41,935
				41,269	41,935
Current assets
Debtors				174	174
Cash at bank and		in hand		28,618	28,007
				28,792	28,181
Creditors: Amount	falling due within one year		12	(1,752)	(1,752)
Net current assets				27,040	26,429
Total assets less current liabilities				68,309	68,364
Net assets excluding		pension asset or liability		68,309	68,364
Tota I net assets				68,309	68,364
The funds ofthe charity
Restricted funds			13
Restricted income		funds		16,567	16,567
				16,567	16,567
Unrestricted funds			13
General funds				51,742	51,797
				51,742	51,797
Reserves			13
Total funds				68,309	68,364

Expenditure	Expenditure
Recognition		of	Expenditure is recognised on an accruals basis. Expenditure includes			any VAT which
expenditure			cannot be fully recovered, and is reported as part ofthe expenditure			to which it
			relates.
Expenditure		on	These comprise the costs associated with attracting voluntary	income, fundraising
raising funds			trading costs and investment management costs.
Expenditure		on	These comprise the costs incurred by the Charity in the delivery ofits activities and
charitable	activities		services in the furtherance of its objects, including the making	of	grants and
			governance costs.
Grants payable			All grant expenditure is accounted for on an actual paid basis	plus	an	accrual for
			grants that have been approved by the trustees at the end of	the	year but not yet
			pa Icl.
Governance		costs	These include those costs associated with meeting the constitutional			and statutory
			requirements ofthe Charity, including any audit/independent	examination fees,
			costs linked to the strategic management ofthe Charity, together		with a share of
			other administration costs.
Other expenditure			These are support costs not allocated to a particular activity.

	Cost or revaluation	Cost or revaluation	Cost or revaluation
	At 1January	2022			20,972	75,929	96,901
	Additions					2,865	2,865
	At 31December 2022				20,972	78,794	99,766
	Depreciation		and
	impairment
	At 1January	2022				54,966	54,966
	Depreciation		charge for the			3,531	3,531
	year
	At 31December 2022					58,497	58,497
	Net book values
	At 31December 2022				20,972	20,297	41,269
	At 31December 2021				20,972	20,963	41,935
11	Debtors
					2022		2021
					f		f
	Other debtors				174		174
					174		174
12	Creditors:
	amounts falling due within one year
					2022		2021
					f		f
	Accruals				1,752		1,752
					1,752		1,752
13	Movement	in	funds
					Incoming
					resources		At 31
					(including	Resources	December
				At 1January	other gains/losses	expended	2022
				2022	)
					f
	Restricted funds:
	Restricted income funds:
				16,567			16,567
	Total			16,567			16,567
	Unrestricted	funds:
	General funds			51,797	67,931	(67,986)	51,742
	Total funds			68,364	67,931	(67,986)	68,309

Not 14	es to the Accounts Analysis of net assets between funds
			Unrestricted
				Total
			funds
				6
	Fixed assets		41,269	41,269
	Net current assets		27,040	27,040
			68,309	68,309
15	Reconciliation ofnet debt
				At 31
		At 1January		December
		2022	Cash flows	2022
		f	f	f
	Cash and cash equivalents	28,007	611	28,618
		28,007	611	28,618
	Net debt	28,007	611	28,618

			2022	2021
			f	f
Cash flows from operating	activities
Net expenditure per Statement of Financial		Activities	(55)	(14,868)
Adjustments for:
Depreciation of property, plant and equipment			3,531	3,624
Dividends, interest and	rents from investments		(29)	(7,042)
Increase in trade and other receivables				(152)
Increase in trade and other payables				674
Net cash provided by/(used	in) operating activities		3,447	(17,764)
Cash flows from investing	activities
Payments for property,	plant and equipment		(2,865)	(2,234)
Dividends, interest and	rents from investments		29	7,042
Net cash (used in)/from investing activities			(2,836)	4,808
Net cash from financing activities
Net increase/(decrease) in	cash and cash equivalents		611	(12,956)
Cash and cash equivalents	at the beginning	ofthe year	28,007	40,963
Cash and cash equivalents	at the end ofthe	year	28,618	28,007
Components of cash and cash equivalents
Cash and bank balances			28,618	28,007
			28,618	28,007

for the year ended 31D		ecember 2022
			Unrestricte
			d funds		Total funds	Tota I funds
			2022	2022	2022	2021
			E	f	E
Income and endowments		from:
Donations and legacies
Grants			40,647		40,647	70,742
Utility Subsidies			3,785		3,785	1,906
			44,432		44,432	72,648
Charitable activities
Room Hire			23,470		23,470	6,936
			23,470		23,470	6,936
Investments
Deposit Account Interest Received			29		29
			29		29
Other
HMRC CIRS Grants						7,040
						7,040
Total income and endowments			67,931		67,931	86,626
Expenditure on:
Employee costs
Salaries/wages			47,513		47,513	72,808
Staff training			124		124	665
			47,637		47,637	73,473
Motor and travel costs
Vehicles —Leasing and		hire costs				803
Vehicles - Fuel			30		30	98
Travel and subsistence						66
			30		30	967
Premises costs
Light, heat and power			8,087		8,087	3,447
Premises cleaning			258		258	150
			8,345		8,345	3,597
General administrative		costs,
including depreciation	and
amortisation
Depreciation of			3,531		3,531	3,624
Equipment repairs and maintenance			2,476		2,476	6,524
General insurances			157		157	448
Stationery and printing			670		670	2,251
Subscriptions			159		159	158
Sundry expenses			3,332		3,332	8,476
Telephone, fax and broadband			953		953	1,234

				11,278		11,278	22,715
Legal and professional			costs
Accountancy	and	bookkeeping		696		696	742
				696		696	742
Total ofexpenditure		of	other costs	67,986		67,986	101,494
Total expenditure				67,986		67,986	101,494
Net gains on	investments
Net expenditure				(55)		(55)	(14,868)
Net expenditure gains/(losses)	before		other	(55)		(55)	(14,868)
Other Gains
Net movement	in funds			(55)		(55)	(14,868)
Reconciliation	offunds:
Total funds brought		forward		51,797	16,567	68,364	83,232
Total funds carried		forward		51,742	16,567	68,309	68,364