FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrictod Restricted funds funds 2023 2023 Total Unrostrictsd Restslcted funds funds 2022 2022 Total 2023 2022 Notes Charitable activltles Investments 109,544 109.544 161,968 161,968 17 17 Total incomo 109.544 109,553 17 161,968 161,985 ndi Charltable activities 221 157.674 157.895 176 182,248 182,424 Net expendbturè for the yearl Net movoment In funds (212) (48.130) (48.342) (159) {20.280) (20.439) Fund balances at 1 April 2022 42.448 65.148 107.596 42.607 85.428 128,035 Fund balances at 31 March 2023 42,236 17,018 59,254 42.448 e5,148 107,596 The statement of financial activbties includes all gains and losses recognised in the year. All Income and expendlture derive from continuing actlvlues. The ststement of financial aCtIveS also complies wilh the requirements for an income and expenditure account under the Companies Act 2006. 10-
FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Notss Flxed assets Tangible assets 11 931 Current a890ts Debtors Cash at bank and in hand 13 39,964 28,578 69.646 44.147 68.542 113,793 Credltors: amounts falllng duo within one year 14 (9,288) 17,128) Net current assets 59,254 106,665 Total assets less current liabllitles 59.254 107,596 Income funds Restricted funds Unrestricted fijnds 16 17.018 42.236 65,148 42,448 59,254 107.596 The company is entitled to the exemption from the audrt requirement contained in section 477 of the Companies Act 2006. for the year ended 31 March 2023, although an audit has been carried OLrt under section 144 of the Charities Act2011. The directors acknowledge thelr responsibilities for complylng 1th the requirements of the Companies Act 2006 with resped to accounting records and the pparatIOn of financial statements. 11
FARSET YOUTH AND COMMUNITY DEVELOPMENT LIMITED BALANCE SHEEf (CONTINUED) AS AT 31 MARCH 2023 The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in queslion in accordance th section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject lo the small companies regime. The financlal statements were approved by the Trustees on 6 November 2023 Mr R A Jones Trustee Company rgglstratlon numbor N1020232 12-