FARSET DEVELOPMENT LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestrieted Unrostricted funds funds 2023 2022 Notes Donations and legacles other trading activities Investrnents 8,193 591,573 9,409 530,049 10,000 Total income 599,766 549.458 Raising fvnds 15,254 8.241 Charrtable activities 640,284 528.169 Total expendlture 655,538 536,410 Net1oxpèndltureifin¢om• for the yèarl Net movement in funds (55,772) 13,048 Fund balances at 1 April 2022 1.614,921 1.601,873 Fund balances at 31 March 2023 1,559,149 1.614,921 The statement of financlal activitses inclLKles all gains and losses recognised in the year. All Income and expenditure derive from continuing activities. The statement of financlal activlttes also complies with the requiremerrts for an income and expenditure account under the Companles Act 2006.
FARSET DEVELOPMENT LIMITED BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Fixèd assots Tangible assets Investments 13 14 1.676.644 250 1.722,500 250 1,676.894 1.722.750 Curront assots Debtors Cash at bank and in hand 16 19,751 42,744 17,791 30,615 62.495 48.406 Crèdltors: amounts falllng du• wlthln one year (156.898) {124,298) Net current liabilities (94,403) 175,892> Total assets less current Ilabllltlo8 1,582.491 1,646,858 Credltoys: amounts falling due after more than one year 19 (23.342) (31,937) N•t assèts 1.559.149 1.614.921 Income funds Unrestricted funds 1.559,149 1.614.921 1.559.149 1.614.921 10-
FARSET DEVELOPMENT LIMITED BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2023 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006. for the year ended 31 March 2023, although an audit has been carried out under section 144 of the Charities Act2011. The directors acknowledge their responsibilities for cOmp.n9 with the requlrements of the Comparlles Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audrt of ib financial ststements under the requirements of thè Companies Act 2006. for the year in question In accordance section 476. These financial statements have been prepared in accordance V•ith the provisions applicable to companies subject to the small companies reglme. The financial statements were approved by the Truslees on 6 Novembw 202 Mr R A Jones Trustee Mr G D Solinas Tru8ts0 Company reglstratlon number N1035254 11