nancial
en
Ba
Chwity No: ￿560
Crynpany No.. 02461552

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|Contents||
|---|---|
|Chair ofTrustees Report||
|Trustees'<br>Annual<br>Report||
|Report ofthe Independent<br>Examiners|13|
|Principal Accounting<br>Policies|14|
|Statement of Financial Activities|17|
|Balance Sheet|18|
|Notes to the Financial Accounts|19|





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|||||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<br>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<br>on:||||||||
|Charitable<br>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)<br>on|Investments|||7,047||7,047|(30,326)|
|Net Gains/(Losses)<br>Investments|on||'IO|~9,843||~9,843|12,626|
|Net Income/(Expenditure)||||(2,796)||(2,796)|(17,700)|
|Transfers<br>between|funds||15|||||
|Net movement<br>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|





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|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|





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|Project Grants and Contracts|Project Grants and Contracts|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|Total|
|||funds 2023|Funds 2023|2023|Funds 2022|
|Neighbourhood<br>Planning||||||
|(Community<br>Development)||21,901||21,901|21,887|
|Voluntary<br>Infrastructure|Contract|50,000||50,000|50,000|
|Rural Communities<br>Support-||||||
|Defra (Representation)|||39,640|39,640|39,640|
|Communities<br>Support—||||||
|District Councils||43,249||43,249|53,812|
|Community<br>Transport||||||
|Umbrella<br>Insurance||1,300||1,300|1,152|
|Placemaking<br>Project||54,429||54,429|35,446|
|Collaborative<br>Housing<br>HUB||36,608||36,608|30,946|
|SCTC19COMF Training|Fund||||3,000|
|COMF Grant Plus and Project|||||46,137|
|Community<br>Consultancy<br>Development||23,015||23,015|18,088|
|Connected<br>Communities|Fund|9,750||9,750||
|Ukrainian<br>Community<br>Transport<br>Project||3,000|8,500|11,500||
|Volunteer<br>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<br>funds 2023|Restricted<br>Funds<br>2023|Total<br>Funds<br>2023|Total<br>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|





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|Other Income|||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|Total|
||||funds 2023|Funds 2023|2023|Funds 2022|
|General<br>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|



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|Costs in F|u|rtherance<br>of|Charitab|le<br>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<br>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<br>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|





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||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|



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|||||
|---|---|---|---|
|10.|Investments|2023|2022|
|||E||
|Fair|Value at 1 April|161,412|148,786|
|Additions||100,000||
|Net|gain/(loss)<br>on|||
|change<br>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|





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|Analysis<br>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<br>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|



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|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<br>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<br>between|funds||25,806|(25,806)||
|Total||440,191|80,806||520,997|





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|||||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|



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|17<br>Restrict<br>2022/23|ed Funds||||||
|---|---|---|---|---|---|---|
|||Balance|Incoming|Outgoing||Balance|
|||b/fwd|||Transfers|at 31-|
|||||||Mar-23|
|DEFRA/ACRE|Fund||39,640|(39,640)|||
|Ukrainian<br>Community|||8,500|(8,500)|||
|Transport<br>Project|||||||
||||48,140|(48,140)|||
|Restricted Funds|||||||
|2021/22|||||||
||||||f.||
|Community<br>Development||17,750|||(17,750)||
|Fund|||||||
|Placemaking<br>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)||



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|Operating<br>Lease Commitments|||||
|---|---|---|---|---|
||2023||2022||
||Land and|Other|Land and|Other|
||Buildings||Buildings<br>f||
|Less than one year||800||800|
|Between one and five years|15,750||24,750||
|Total|15,750|800|24,750|800|



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