nancial en Ba Chwity No: 560 Crynpany No.. 02461552
| Contents | |
|---|---|
| Chair ofTrustees Report | |
| Trustees' Annual Report |
|
| Report ofthe Independent Examiners |
13 |
| Principal Accounting Policies |
14 |
| Statement of Financial Activities | 17 |
| Balance Sheet | 18 |
| Notes to the Financial Accounts | 19 |
| Unrestricted | Restricted | Total Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| funds 2023 | Funds 2023 | 2023 | 2022 | ||||
| Note | |||||||
| Income From: | |||||||
| Project Grants | 262,088 | 48,140 | 310,228 | 300,108 | |||
| Investment Income |
8,857 | 8,857 | 6,105 | ||||
| Other Income | 47,247 | 47,247 | 36,816 | ||||
| Total Income | 318,192 | 48,140 | 366,332 | 343,029 | |||
| Expenditure on: |
|||||||
| Charitable Expenditure: |
|||||||
| Costs in furtherance | of | 4 | 311,145 | 48,140 | 359,285 | 373,355 | |
| charitable objects | |||||||
| Total expenditure | 311,145 | 48,140 | 359,285 | 373,355 | |||
| Net Income/(expenditure) | before | ||||||
| Gains/(losses) on |
Investments | 7,047 | 7,047 | (30,326) | |||
| Net Gains/(Losses) Investments |
on | 'IO | ~9,843 | ~9,843 | 12,626 | ||
| Net Income/(Expenditure) | (2,796) | (2,796) | (17,700) | ||||
| Transfers between |
funds | 15 | |||||
| Net movement in funds |
(2,796) | (2,796) | (17,700) | ||||
| Balances brought | Forward | 520,997 | 520,997 | 538,697 | |||
| Balances Carried | Forward | 518,201 | 518,201 | 520,997 |
| Balance Sheet | ||||
|---|---|---|---|---|
| Notes | 2023 | 2022 | ||
| f. | ||||
| Fixed Assets | ||||
| Tangible Assets | 9 | 433 | ||
| investments | 10 | 251,569 | 161,412 | |
| 251,569 | 161,845 | |||
| Current Assets | ||||
| Debtors | 25,112 | 29,492 | ||
| Cash in Hand | 357,064 | 367,886 | ||
| 382,176 | 397,378 | |||
| Creditors: amounts | falling due within one year | 12 | (115,544) | (38,226) |
| Net Current assets | 266,632 | 359,152 | ||
| Total Assets less Current Liabilities | 518,201 | 520,997 | ||
| Net Assets | 518,201 | 520,997 | ||
| Funds | ||||
| Unrestricted | ||||
| Designated | 16 | 72,750 | 80,806 | |
| General | 15 | 445,451 | 440, 191 | |
| Restricted | 17 | |||
| Total Funds | 518,201 | 520,997 |
| Project Grants and Contracts | Project Grants and Contracts | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total | ||
| funds 2023 | Funds 2023 | 2023 | Funds 2022 | ||
| Neighbourhood Planning |
|||||
| (Community Development) |
21,901 | 21,901 | 21,887 | ||
| Voluntary Infrastructure |
Contract | 50,000 | 50,000 | 50,000 | |
| Rural Communities Support- |
|||||
| Defra (Representation) | 39,640 | 39,640 | 39,640 | ||
| Communities Support— |
|||||
| District Councils | 43,249 | 43,249 | 53,812 | ||
| Community Transport |
|||||
| Umbrella Insurance |
1,300 | 1,300 | 1,152 | ||
| Placemaking Project |
54,429 | 54,429 | 35,446 | ||
| Collaborative Housing HUB |
36,608 | 36,608 | 30,946 | ||
| SCTC19COMF Training | Fund | 3,000 | |||
| COMF Grant Plus and Project | 46,137 | ||||
| Community Consultancy Development |
23,015 | 23,015 | 18,088 | ||
| Connected Communities |
Fund | 9,750 | 9,750 | ||
| Ukrainian Community Transport Project |
3,000 | 8,500 | 11,500 | ||
| Volunteer Vision Project |
10,480 | 10,480 | |||
| COMF Support Work | 8,356 | 8,356 | |||
| Total Incoming Resources | 262,088 | 48,140 | 310,228 | 300,108 |
| 2. | Investment | Income | ||||
|---|---|---|---|---|---|---|
| Unrestricted funds 2023 |
Restricted Funds 2023 |
Total Funds 2023 |
Total Funds 2022 |
|||
| Bank Interest Receivable | 2,624 | 2,624 | 1,508 | |||
| Dividends | Receivable | 6,233 | 6,233 | 4,597 | ||
| Total Investment | ||||||
| Income | 8,857 | 8,857 | 6,105 |
| Other Income | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total | |||
| funds 2023 | Funds 2023 | 2023 | Funds 2022 | |||
| General Membership |
Fees | 6,296 | 6,296 | 5,345 | ||
| Village Hall Membership | Fess | 11,165 | 11,165 | 10,445 | ||
| Oil scheme income | 17,464 | 17,464 | 17,743 | |||
| Donations | 265 | 265 | 275 | |||
| Other | 12,057 | 12,057 | 3,008 | |||
| Total Incoming Resources | 47,247 | 47,247 | 36,816 |
| Costs in F | u | rtherance of |
Charitab | le Objects: |
|||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total | ||||
| funds 2023 | Funds 2023 | 2023 | Funds 2022 | ||||
| Salaries | 241,033 | 39,640 | 280,673 | 275,924 | |||
| Grants Paid | 871 | 8,500 | 9,371 | 1,620 | |||
| Travelling | 2,225 | 2,225 | 1,502 | ||||
| Professional | 8 consultancy | fees | 24,829 | 24,829 | 48,821 | ||
| Affiliations | 8 | Subscriptions | 8,282 | 8,282 | 7,430 | ||
| Training 8 |
Conferences | 2,008 | 2,008 | 2,863 | |||
| Premises | 12,745 | 12,745 | 11,984 | ||||
| Promotional | 8 website costs | 229 | 229 | 126 | |||
| Print, post, | telephone 8 IT |
11,772 | 11,772 | 14,753 | |||
| Depreciation | 433 | 433 | 648 | ||||
| Other Costs | 5,098 | 5,098 | 6,239 | ||||
| Governance | Costs - see note 5 | 1,620 | 1,620 | 1,445 | |||
| Total | 311,145 | 48,140 | 359,285 | 373,355 |
| 2023 FTE | 2023 Number | 2022 FTE | 2022 | ||
|---|---|---|---|---|---|
| Number | |||||
| Office 8 management | 2.8 | 4.0 | 2.8 | 4.0 | |
| Operational | 4.4 | 6.0 | 4.4 | 6.0 | |
| 7.2 | 10.0 | 7.2 | 10.0 |
| 10. | Investments | 2023 | 2022 |
| E | |||
| Fair | Value at 1 April | 161,412 | 148,786 |
| Additions | 100,000 | ||
| Net | gain/(loss) on |
||
| change in fair value |
9,843 | 12,626 | |
| 251,569 | 161,412 |
| 11. | Debtors | 2023 | 2022 | ||||
| E | |||||||
| Other Debtors | 25,112 | 29,381 | |||||
| Prepayments | 111 | ||||||
| 25,112 | 29,492 | ||||||
| 12. | Creditors: amounts | falling due within one year | 2023 | 2022 | |||
| E | |||||||
| Taxation and | social security | 21,442 | 17,520 | ||||
| Income received | in advance | 87,053 | 14,513 | ||||
| Other Creditors | 3,479 | 2,913 | |||||
| Accruals | 3,570 | 3,280 | |||||
| 115,544 | 38,226 | ||||||
| 13. | Deferred Income | 2023 | 2022 | ||||
| E | E | ||||||
| Balance at 1 | April | 14,513 | 4,926 | ||||
| Membership | Income released | in year | (10,447) | (4,926) | |||
| Other income | released | in year | (766) | ||||
| Membership | Income deferred | in year | 11,098 | 10,447 | |||
| Other income | deferred | in year | 72,655 | 4,066 | |||
| 87,053 | 14,513 |
| Analysis 2022/23 |
of Net Assets | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total | ||
| funds 2023 | Funds 2023 | 2023 | Funds 2022 | ||
| Tangible | Fixed Assets | 433 | |||
| Investments | 251,569 | 251,569 | 161,412 | ||
| Current | Assets | 319,221 | 62,955 | 382,176 | 397,378 |
| Current | Liabilities | (52,589) | (62,955) | (115,544) | (38,226) |
| Total | 518,201 | 518,201 | 520,997 | ||
| Analysis | of Net Assets | ||||
| 2021/22 |
| Analysis 2021/22 |
of Net Assets | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total | ||
| funds 2022 | Funds 2022 | 2022 | Funds 2021 | ||
| Tangible | Fixed Assets | 433 | 433 | 1,081 | |
| Investments | 161,412 | 161,412 | 148,786 | ||
| Current | Assets | 397,378 | 397,378 | 410,055 | |
| Current | Liabilities | (38,226) | (38,226) | (21,225) | |
| Total | 520,997 | 520,997 | 538,697 |
| Funds 2022/23 | |||||
|---|---|---|---|---|---|
| General | Designated | Restricted | Total | ||
| Funds | Funds | Funds | funds | ||
| At 1 April 2022 | 440,191 | 80,806 | 520,997 | ||
| Incoming Resources | 281,584 | 36,608 | 48,140 | 366,332 | |
| Resources Expended | (276,324) | (44,664) | (48,140) | (369,128) | |
| Transfers between |
funds | ||||
| Total | 445,451 | 72,750 | 518,201 | ||
| Funds 2021/22 | |||||
| At 1 April 2021 | 386,316 | 52,000 | 100,381 | 538,697 | |
| incoming Resources | 282,069 | 3,000 | 70,586 | 355,655 | |
| Resources Expended | (228,194) | (145,161) | (373,355) | ||
| Transfers between |
funds | 25,806 | (25,806) | ||
| Total | 440,191 | 80,806 | 520,997 |
| At | 1 April | Incoming | Outgoing | Balance | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | Transfers | at 31- | |||||||
| Mar-23 | |||||||||
| Community | Development | 17,750 | 17,750 | ||||||
| Fund | |||||||||
| SCTC19COMF Fund | for | 3,000 | 3,000 | ||||||
| training | |||||||||
| Collaborative | Housing | 8,056 | 36,608 | (44,664) | |||||
| HUB Fund | |||||||||
| Business Development | 7,000 | 7,000 | |||||||
| Fund | |||||||||
| Contingency | Fund | 45,000 | 45,000 | ||||||
| 80,806 | 36,608 | (44,664) | 72,750 | ||||||
| Designated | Funds | ||||||||
| 2021/22 | |||||||||
| P. | |||||||||
| Community | Development | 17,750 | 17,750 | ||||||
| Fund | |||||||||
| SCTC19COMF Fund | for | 3,000 | 3,000 | ||||||
| training | |||||||||
| Collaborative | Housing | HUB | 8,056 | 8,056 | |||||
| Fund | |||||||||
| Business Development | 7,000 | 7,000 | |||||||
| Fund | |||||||||
| Contingency | Fund | 45,000 | 45,000 | ||||||
| 52,000 | 3,000 | 25,806 | 80,806 |
| 17 Restrict 2022/23 |
ed Funds | |||||
|---|---|---|---|---|---|---|
| Balance | Incoming | Outgoing | Balance | |||
| b/fwd | Transfers | at 31- | ||||
| Mar-23 | ||||||
| DEFRA/ACRE | Fund | 39,640 | (39,640) | |||
| Ukrainian Community |
8,500 | (8,500) | ||||
| Transport Project |
||||||
| 48,140 | (48,140) | |||||
| Restricted Funds | ||||||
| 2021/22 | ||||||
| f. | ||||||
| Community Development |
17,750 | (17,750) | ||||
| Fund | ||||||
| Placemaking Project— |
17,765 | (17,765) | ||||
| Upper Heyford | ||||||
| DEFRA/ACRE | Fund | 39,640 | (39,640) | |||
| Collaborative | Housing | 64,866 | 30,946 | (87,756) | (8,056) | |
| HUB Fund | ||||||
| 100,381 | 70,586 | (145,161) | (25,806) |
| Operating Lease Commitments |
||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Land and | Other | Land and | Other | |
| Buildings | Buildings f |
|||
| Less than one year | 800 | 800 | ||
| Between one and five years | 15,750 | 24,750 | ||
| Total | 15,750 | 800 | 24,750 | 800 |