Charity registration number NIC 102431
Company registration number NI038597 (Northern Ireland)
EDENVILLA LIMITED
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 - 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 16 |
EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mr M A J Thompson Ms R M Harkness Ms K Leitch Mr G Titler Ms B E Wright Mr D J Gregg Mrs K L Caldwell Mrs K G Castles Secretary Ms K Leitch Charity registration number NIC 102431 Company number NI038597 Registered office Edenvilla Park Bachelors Walk Portadown Craigavon Co Armagh BT63 5BQ Independent examiner GMcG PORTADOWN Chartered Accountants 17 Mandeville Street Portadown Craigavon Co Armagh BT62 3PB Bankers Bank of Ireland 13 Market Street Lurgan Craigavon Co Armagh BT66 6AR
EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 APRIL 2023
The trustees present their annual report and financial statements for the year ended 30 April 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
The objectives of the charitable company are set out in the Memorandum and Articles of Association of Edenvilla Limited. The main purpose is to maintain and develop property and facilities for recreation and to promote the benefit of the inhabitants of Portadown and its environs.
The trustees have paid due regard to guidance issued by the Charity Commission for Northern Ireland in deciding what activities the charitable company should undertake.
Achievements and performance
Charitable activities income has increased since last year. The trustees are satisfied with the results for the year, taking into account the competition from pitches in the Craigavon area. Additional expenditure was incurred after flood damage to the changing rooms. The cost of repairs was reimbursed from insurance proceeds.
The charitable company has been advised that the Service Level Agreement with Armagh City, Banbridge and Craigavon Council (ABC Council) has been approved and will remain for the foreseeable future. The Council contribute £10,000 per year towards running costs.
In March 2022 the charitable company employed an independent consultancy company, to undertake the work of sourcing additional finance for capital and programme activity at the site, through investigation of and completing application forms for grant funding from a range of bodies in Northern Ireland and further afield. Working with a dedicated member of the consultancy team, the trustees had drawn up a work plan for the year. This contract was terminated in October 2022, due to disappointing results.
Derek Taylor resigned from position of groundskeeper during year, after 13 years of excellent service. He has been replaced by Alan Smith, who is continuing the trend of outstanding service.
A part-time community engagement worker, Pamela Smith, has been employed during the year, to promote Edenvilla in the district and surrounding. This has been funded by a £4,500 grant from Halifax.
Financial review
The charitable company's financial results are set out in detail on pages 6 to 16.
There is an overall surplus on funds this year of £5,674 (2022 - £4,338). The trustees are continuing to investigate making savings and trying to generate additional income.
The accumulated funds (unrestricted and restricted) now stand at £73,585. In view of the steep rising cost of diesel and electricity, the trustees have decided to increase the charges for floodlights, but keep the pitch hire rates the same.
Structure, governance and management
The charitable company is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 29 May 1998 and as updated on 14 November 2001.
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
The trustees who served during the year and up to the date of signature of the financial statements were: Mr M A J Thompson
Mr S E Barr (Resigned 28 June 2022) Ms R M Harkness Ms K Leitch Mr G Titler Ms B E Wright Mr D J Gregg Mr G J Edgar (Resigned 2 May 2023) Mrs K L Caldwell Mrs K G Castles
The trustees of the charitable company are also directors for the purposes of company law. Under the requirement of the Memorandum and Articles of Association, all the members of the Board of Directors retire at the Annual General Meeting. The number of directors should be between six and thirteen. Directors are normally nominated on the following basis:
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One representative from Education Authority, Southern Region (EA);
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Two nominated members of Portadown Men's Hockey Club; and
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Two nominated members of Portadown Ladies Hockey Club.
None of the directors have any beneficial interest in the charitable company. In the event of the charitable company being wound up, members are required to contribute an amount not exceeding £1.
Organisation
The trustees administer the charitable company and oversee the day to day running of the complex. The Board meets approximately 5/6 times per year. There is one part time employed caretaker/groundsman and a small number of volunteers who are responsible for administration and bookings.
Reserves policy
The trustees have examined the charitable company's requirements for reserves in relation to general maintenance and replacement of the synthetic playing surface in approximately 4-6 years. They believe that the charitable company should build up reserves where possible during the next 6 years because it cannot rely on additional grants.
The level of reserves is reviewed annually and is built up to the desired level in stages consistent with the charitable company's overall financial position and its need to maintain its charitable activities.
The trustees consider that the ideal level of cash held at bank should be £50,000 at the end of April 2023 building up to £80,000 in 4-6 years. At the balance sheet date, unrestricted reserves amounted to £65,237 of which £34,044 is held at bank.
Plans for the future
The main priority is to continue managing the facility in an efficient manner for the benefit of the local community.
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30APRIL 2023 In preparing this report, the trustees have taken advantage of the small companies exemptions provided by section 415A of the CompaniesAct 2006. Registered Office.. Edenvilla Park Bachelors Walk Portadown Craigavon Co Armagh BT63 5BQ Company Registration No.. N1038596 Charity Registration No.. NIC 102431 The trustees, report was approved by the Board of Trustees. J Thompson Trustee Dated..
CHAR TERRD ACCOUNTANTS EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EDENVILLA LIMITED I report to the trustees on my examination of the financial statements of Edenvilla Limited for the year ended 30 April 2023. Responsibilities of trustees and examiner As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 {the 2006 Acti. It is my responsibility to'.- examine the financial statements under section 65 of the Charties Act., follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{91{bl of the Act., and state whether particular matters have come to my attention. Basls of Independent examlner's report I have completed my examinalion. I confirm that no matters have come to my attention in connecticn with the examination giving me cause to believe that in any material respecl.. accounting records were not kept in respect of the chafltable company as required by section 386 of the 2006 Act., or the financial statements do not accord with those records.. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. 17 Mandeville Street PORTADOWN AllrL(I HI)ilSL 19 ti.ed Sti'eet 111.-LP'AS'1' BI'2 81-, Q DX,4910 NR Be.If.Isl 50 Ceiitiiry Huii8e 40 C,5¢(,.1 Ilii.sine%8 Pi21'k I,ISIILIRN 2GN Craisavon BT62 3PB Tel: +44 (0)28 3833 2801 Fax: +44 (0)28 3835 0293 TLI.. +44 (0)28 903t I 113 l.ax.' +4410}28 9Q:g1 07 Tel: +44 lo}28 9fj6o 73,4.5 F&Y: +44 (0)28 9260 1656 4MAG ¢harteredALlltants . Rewt¢redAuditors i eharteredThXAd%ryrS | FoteDsicknuuDtallts I cora FanLy Adviuo GMCG iyatrndin8nmeofGMcGGr4upLirtlitsd. RegNo.. NtO59660. Llstof Dlrectors &traI18bleatregistered offi Rest¢re0tO¢On4uct auditwDrkbythe IDstitut¢ rif Ch#rt¢redA¢countanis in Ire A MemberofTL4tr-AWoridwdoAllianetOflndonden1AoTh1lD8TrIrn wTrv.gmegca.com
EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT (CONTINUED) TO THE TRUSTEES OF EDENVILLA LIMITED Independent examlneffs statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. lian Johnston ACA GMCG PORTADOWN Chartered Accountant 17 Mandeville Street Portadown Craigavon CoArmagh BT62 3PB
EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2023
| Unrestricted Restricted funds funds 2023 2023 Notes £ £ Income and endowments from: Donations and legacies 3 - 300 Charitable activities 4 33,552 4,500 Other income 5 18,754 - Total income 52,306 4,800 Expenditure on: Charitable activities 6 49,612 1,820 Net income for the year/ Net movement in funds 2,694 2,980 Fund balances at 1 May 2022 62,543 5,368 Fund balances at 30 April 2023 65,237 8,348 |
Total 2023 £ 300 38,052 18,754 57,106 51,432 5,674 67,911 73,585 |
Total 2022 £ - 32,104 1,459 |
|---|---|---|
| 33,563 | ||
| 29,225 | ||
| 4,338 63,573 |
||
| 67,911 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 30 APRIL 2023 2023 2022 Notes Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 11 15,029 16,951 12 26,411 34,044 4,497 48,390 60,455 52,887 Credltors: amounts falllng due wlthln one year 13 11.899} {1,9271 Net current assets 58,556 50,960 Total assets less current Ilabllltles 73,585 67,911 Income funds Restricted funds Unrestricted funds 8,348 65,237 5.368 62,543 73,585 67,911 The charitable company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 April 2021. The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the slate of affairs of the charitable company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial stalemenls, so far as applicable lo the charitable company. The members have nol required the charitable company to obtain an audit of its financial statements for the year in question in accordance with seclion 476. These financial statements have been prepared in accordance with the provisions applicable lo companies subject to the small companies regime. The financial statements were approved by the trustees on 11 Ikcw£ MrMAJTho TrLtstee pson Company Reglstratlon No. N1038597
EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
1 Accounting policies
Charity information
Edenvilla Limited is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Edenvilla Park, Bachelors Walk, Portadown, Craigavon, Co Armagh, BT63 5BQ.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charitable company's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The charitable company is a Public Benefit Entity as defined by FRS 102.
The charitable company has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charitable company.
1.4 Income
Income is recognised when the charitable company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charitable company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2023
1 Accounting policies (Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
All expenditure is inclusive of irrecoverable VAT.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Pitches Fully depreciated over the lease term ending 2017 Pavilion Fully depreciated over the lease term ending 2017 Plant and equipment 15%/25% reducing balance Fixtures and fittings 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2023
1 Accounting policies (Continued)
1.9 Financial instruments
The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
2 Critical accounting estimates and judgements (Continued)
Key sources of estimation uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities are as follows.
Fixed Assets
The annual depreciation charge on fixed assets depends primarily on the estimated lives of each type of asset and estimates of residual values. The trustees regularly review these asset lives and change them as necessary to reflect current thinking on remaining lives in light of prospective economic utilisation and physical condition of the assets concerned. Changes in asset lives can have a significant impact on depreciation and amortisation charges for the period. Detail of the useful lives is included in the accounting policies.
3 Donations and legacies
| Restricted | Total | |
|---|---|---|
| funds | ||
| 2023 | 2022 | |
| £ | £ | |
| Donations and gifts | 300 | - |
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
4 Charitable activities
| Hire of facilities and sundry income ABC Council Grant Other grant Analysis by fund Unrestricted funds Restricted funds For the year ended 30 April 2022 Unrestricted funds |
Total 2023 £ 23,552 10,000 4,500 38,052 33,552 4,500 38,052 |
Total 2022 £ 22,104 10,000 - |
|---|---|---|
| 32,104 | ||
| 32,104 |
5 Other income
| Unrestricted funds 2023 £ Furlough grant - Insurance claim 18,754 18,754 For the year ended 30 April 2022 Unrestricted funds |
Total 2022 £ 1,459 - |
|---|---|
| 1,459 | |
| 1,459 |
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
6 Charitable activities
| Unrestricted funds Restricted funds £ £ Staff costs 9,246 695 Depreciation 1,847 1,125 Light and heat 5,688 - Insurance 1,505 - Repairs and renewals 25,746 - Cleaning 740 - Diesel 71 - Telephone 524 - Printing, stationery and postage 17 - General expenses 659 - 46,043 1,820 Share of support costs (see note 7) 1,609 - Share of governance costs (see note 7) 1,960 - 49,612 1,820 Analysis by fund Unrestricted funds 49,612 - Restricted funds - 1,820 49,612 1,820 For the year ended 30 April 2022 Unrestricted funds 27,875 - Restricted funds - 1,350 27,875 1,350 |
Total 2023 £ 9,941 2,972 5,688 1,505 25,746 740 71 524 17 659 47,863 1,609 1,960 51,432 49,612 1,820 51,432 |
Total 2022 £ 11,712 3,420 4,068 1,442 5,472 495 126 481 213 - |
|---|---|---|
| 27,429 281 1,515 |
||
| 29,225 | ||
| 27,875 1,350 |
||
| 29,225 |
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
7 Support costs
| Support costs Governance costs £ £ General expenses 13 - Bank charges 199 - Professional fees 1,397 - Accountancy - 1,960 1,609 1,960 Analysed between Charitable activities 1,609 1,960 |
2023 Support costs Governance costs £ £ £ 13 13 - 199 171 - 1,397 97 - 1,960 - 1,515 3,569 281 1,515 3,569 281 1,515 |
2022 £ 13 171 97 1,515 |
|---|---|---|
| 1,796 | ||
| 1,796 |
8 Trustees
Two trustees received a gift voucher of £250 each during the year, in recognition of their hard work and ongoing commitment to Edenvilla. No other remuneration or benefit for trustees arose in the year (2021 - none).
9 Employees
The average monthly number of employees during the year was:
| 2023 | 2022 | |
|---|---|---|
| Number | Number | |
| Total | 2 | 1 |
| Employment costs | 2023 | 2022 |
| £ | £ | |
| Wages and salaries | 7,759 | 9,128 |
| Social security costs | 2,182 | 2,584 |
| 9,941 | 11,712 |
10 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
| 11 Tangible fixed assets Pitches £ Cost At 1 May 2022 358,415 Additions - At 30 April 2023 358,415 Depreciation and impairment At 1 May 2022 358,415 Depreciation charged in the year - At 30 April 2023 358,415 Carrying amount At 30 April 2023 - At 30 April 2022 - 12 Debtors Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income 13 Creditors: amounts falling due within one year Accruals and deferred income 14 Related party transactions |
Pavilion Plant and equipment Fixtures and fittings £ £ £ 103,846 42,505 6,612 - - 1,050 103,846 42,505 7,662 103,846 25,668 6,498 - 2,787 185 103,846 28,455 6,683 - 14,050 979 - 16,837 114 2023 £ 6,668 18,000 1,743 26,411 2023 £ 1,899 |
Total £ 511,378 1,050 |
|---|---|---|
| 512,428 | ||
| 494,427 2,972 |
||
| 497,399 | ||
| 15,029 | ||
| 16,951 | ||
| 2022 £ 3,077 - 1,420 |
||
| 4,497 | ||
| 2022 £ 1,927 |
||
There were no disclosable related party transactions during the year (2022 - none).
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EDENVILLA LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2023
| 15 Analysis of net assets between funds Restricted Unrestricted 2023 2023 £ £ Fund balances at 30 April 2023 are represented by: Tangible assets 4,542 10,487 Current assets/(liabilities) 3,806 54,750 8,348 65,237 |
Total Restricted Unrestricted 2023 2022 2022 £ £ £ 15,029 5,368 11,583 58,556 - 50,960 73,585 5,368 62,543 |
Total 2022 £ 16,951 50,960 |
|---|---|---|
| 67,911 |
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