For the year ended 30 September 2022
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 September 2022
Antz Junction
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 8
Notes to the Financial Statements
For the year ended 30 September 2022
Antz Junction
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 30 September 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 trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. |
The trustees consider the financial position to be satisfactory.
REFERENCE AND ADMINISTRATIVE INFORMATION |
Antz Junction
Charity registration number |
1150712
08233228
Company registration number |
The trustees and officers serving during the year and since the year end were as follows:
Ms Nicola Geddes
Mr Niall Murphy
Mr Oliver Cavaliere
Ms Dorothy Garner
Ms Jo Geddes Hold
Mr David Pemberton
Ms Shazda Ali Ahmed
CMA Accountancy Ltd
39 Skull House Lane
Appley Bridge
Wigan
WN6 9DR
............................................................................. |
Approved by the Board of Trustees and signed on its behalf by |
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For the year ended 30 September 2022
Antz Junction
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 30 September 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 |
Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of |
the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed |
bodies. |
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. |
CMA Accountancy Ltd
ACMA
Chris Alcock
39 Skull House Lane
Appley Bridge
Wigan
WN6 9DR
02 May 2023
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For the year ended 30 September 2022
Antz Junction
Statement of Financial Activities (including Income and Expenditure Account)
2021
Income and endowments from: |
221,323
155,131
2
63,530
-
284,853
155,131
(285,738)
(221,307)
5/6
(285,738)
(221,307)
(885)
(66,176)
Total funds brought forward |
37,663
(28,513)
Total funds carried forward |
(29,398)
(28,513)
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Antz Junction
Statement of Financial Position
2022
2021
5,402
6,356
9
5,402
6,356
10,814
48,453
10
Debtors
12,411
23,522
23,225
71,975
Creditors: amounts falling due within one year |
(36,365)
(74,696)
11
Net current assets
(13,140)
(2,721)
Total assets less current liabilities |
(7,738)
3,635
Creditors: amounts falling due after more than one year |
(21,660)
(32,148)
12
Net assets
(29,398)
(28,513)
Unrestricted income funds |
(29,398)
(28,513)
(29,398)
(28,513)
For the year ended 30 September 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: |
02 May 2023
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For the year ended 30 September 2022
Antz Junction
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. Antz Junction 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). |
There are no material uncertainties about the charity's ability to continue. Grant income for the following financial year has been secured to ensure continued activity. |
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future projects or committment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. |
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: |
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: |
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Furniture,fittings, tools and
Stocks and work in progress |
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2. Income from donations and legacies |
2021
2022
9,664
14,798
145,467
206,525
155,131
221,323
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For the year ended 30 September 2022
Antz Junction
Notes to the Financial Statements Continued
5. Costs of charitable activities by fund type |
2021
2022
221,307
285,738
Support costs
6. Costs of charitable activities by activity type |
2021
2022
Activity 1
285,738
221,307
7. Staff costs and emoluments |
Total staff costs for the year ended 30 September 2022 were: |
2022
2021
182,619
76,044
12,650
3,784
711
540
195,980
80,369
2022
2021
6
Employees
8. Comparative for the Statement of Financial Activities |
The comparative year values on the Statement of Financial Activites are for unrestricted funds. |
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For the year ended 30 September 2022
Antz Junction
Notes to the Financial Statements Continued
Furniture,fittin |
gs, tools and |
33,574
33,118
456
456
33,118
33,574
27,218
26,829
389
Charge for year
954
944
10
28,172
27,773
399
57
67
5,345
6,289
5,402
6,356
The depreciation charge for the year is £(2,217) in respect of assets leased under finance leases or hire purchase contracts. |
2022
2021
Amounts due within one year: |
3,314
17,244
Prepayments and accrued income |
-
31,209
7,500
-
10,814
48,453
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For the year ended 30 September 2022
Antz Junction
Notes to the Financial Statements Continued
11. Creditors: amounts falling due within one year |
2022
2021
12,698
12,698
2,106
40,533
9,311
9,465
Accruals and deferred income |
12,250
12,000
36,365
74,696
The following liabilities disclosed under creditors falling due within one year are secured by the charity: |
Bank loans and overdrafts |
12,698
12,698
12,698
12,698
12. Creditors: amounts falling due after more than one year |
2022
2021
32,148
21,660
21,660
32,148
The following liabilities disclosed under creditors falling due after more than one year are secured by the charity: |
Bank loans and overdrafts |
32,148
21,660
21,660
32,148
13. Company limited by guarantee |
Antz Junction is a company limited by guarantee and accordingly does not have a share capital.
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