Company number
:
02166849
|
For the year ended 31 March 2022
Report of the Trustees and Financial Statements
For the year ended 31 March 2022
Bancroft Meeting Place
Contents Page
1
Report of the Trustees
2
Independent Examiner's Report to the Trustees
3
Statement of Financial Activities
4
Statement of Financial Position
5 to 9
Notes to the Financial Statements
For the year ended 31 March 2022
Bancroft Meeting Place
Report of the Trustees
The Trustees
,
who are also directors for the purposes of company law
,
have pleasure in presenting their report and the
|
financial statements for the charitable company for the year ended
31
March
2022
.
The Trustees have adopted the
|
provisions of 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 the Republic of Ireland
(
FRS
|
102
) (
effective
1
January
2019
).
|
OBJECTIVES AND ACTIVITIES
Objectives and aims
The company's principal activities during the year was that of promoting the benefits of the inhabitants of Bancroft and to maintain and manage a meeting place establishment. The company is limited by guarantee, to the extent of £ 1 each for current member and any other person who may have been a member within the last year.
|
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
|
STRUCTURE
,
GOVERNANCE AND MANAGEMENT
|
The charity is controlled by its governing document
,
a deed of trust and constitutes a limited company
,
limited by guarantee
,
|
as defined by the Companies Act
2006
.
|
REFERENCE AND ADMINISTRATIVE INFORMATION
|
Bancroft Meeting Place
Charity registration number
|
297842
02166849
Company registration number
|
The trustees and officers serving during the year and since the year end were as follows:
Mr Ian Wynne FRANKLIN
Dr Tori SNELL
Mr Michael George SNELL
Mr Stephen Barry BARNES
Mrs Irene Elizabeth ENTWISTLE
Mrs Julie Mary BARNES
Mrs Julie HALSEY
THE ADVANCE PARTNERSHIP LTD
First Floor, 89 High Street
Newport Pagnell
MK16 8AB
1 of 9
For the year ended 31 March 2022
Bancroft Meeting Place
Report of the Trustees Continued
.............................................................................
|
Approved by the Board of Trustees and signed on its behalf by
|
2 of 9
For the year ended 31 March 2022
Bancroft Meeting Place
Independent Examiners Report to the Trustees
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022.
|
Responsibilities and basis of report
|
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
|
Independent examiners statement
|
I have completed my examination
.
I confirm that no matters have come to my attention in connection with the examination
|
giving me cause to believe that in any material respect
:
|
1
.
accounting records were not kept in respect of the Company as required by section
386
of the
2006
Act
;
or
|
2
.
the accounts do not accord with those records
;
or
|
3
.
the accounts do not comply with the 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
|
4
.
the accounts have not been prepared in accordance with 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
102
).
|
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 accounts to be reached
.
|
THE ADVANCE PARTNERSHIP LTD
First Floor, 89 High Street
Newport Pagnell
MK16 8AB
19 December 2022
3 of 9
For the year ended 31 March 2022
Bancroft Meeting Place
Statement of Financial Activities (including Income and Expenditure Account)
2021
Income and endowments from
:
|
19,310
28,383
2
265
-
3
19,575
28,383
(22,645)
(28,726)
4
(22,645)
(28,726)
(3,070)
(343)
Total funds brought forward
|
33,699
33,357
Total funds carried forward
|
30,287
33,356
4 of 9
Bancroft Meeting Place
Statement of Financial Position
2022
2021
202
269
9
202
269
31,498
34,137
31,498
34,137
Creditors
:
amounts falling due within one year
|
(1,416)
(1,048)
10
Net current assets
30,082
33,089
Total assets less current liabilities
|
30,284
33,358
Net assets
30,284
33,358
Unrestricted income funds
|
11
30,287
33,356
30,287
33,356
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
|
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by
:
|
19 December 2022
5 of 9
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. Bancroft Meeting Place meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
|
2
.
Income from donations and legacies
|
2021
2022
8,852
19,310
19,531
-
28,383
19,310
2021
2022
265
-
-
265
4
.
Expenditure on generating donations and legacies
|
2021
2022
90
67
13
13
28,623
22,565
22,645
28,726
6 of 9
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements Continued
5
.
Analysis of support costs
|
2021
2022
Management
15,282
13,404
Cleaning Expenses
1,329
426
Insurance
683
844
Light and Heat
835
970
Sundry Expenses
73
671
Telephone Expenses
432
434
Water Rates
701
425
Governance costs
3,230
11,449
28,623
22,565
6
.
Net income
/(
expenditure
)
for the year
|
This is stated after charging
/(
crediting
):
|
2022
2021
Depreciation of owned fixed assets
|
67
90
1,032
1,092
7
.
Staff costs and emoluments
|
2022
2021
3
Average Number of Employee
8
.
Comparative for the Statement of Financial Activities
|
The comparative year values on the Statement of Financial Activites are for unrestricted funds
.
|
7 of 9
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements Continued
9
.
Tangible fixed assets
|
17,549
17,548
1
1
17,548
17,549
17,280
17,280
-
Charge for year
67
67
-
17,347
17,347
-
1
1
201
268
202
269
10
.
Creditors
:
amounts falling due within one year
|
2022
2021
113
120
Accruals and deferred income
|
1,303
928
1,416
1,048
Balance at
|
01
/
04
/
2021
|
Balance at
|
31
/
03
/
2022
|
General
33,357
19,575
(22,645)
30,287
General
33,357
19,575
(22,645)
30,287
8 of 9
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements Continued
Unrestricted Funds
-
Previous year
|
Balance at
|
01
/
04
/
2020
|
Balance at
|
31
/
03
/
2021
|
General
33,699
28,383
(28,726)
33,356
General
33,699
28,383
(28,726)
33,356
Purpose of unrestricted Funds
|
General
Hall Hire
12
.
Analysis of net assets between funds
|
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
202
30,082
30,284
General
202
30,082
30,284
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
269
33,089
33,358
General
269
33,089
33,358
9 of 9