Registration number:
Surrey Coalition of Disabled People
(A company limited by guarantee)
for the Year Ended 31 March 2023
Surrey Coalition of Disabled People
Contents
Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
Surrey Coalition of Disabled People
(Registration number: 03298760)
Statement of Financial Position as at 31 March 2023
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Reserves |
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Profit and loss account |
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Shareholders' fundsSurplus |
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For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.
Surrey Coalition of Disabled People
(Registration number: 03298760)
Statement of Financial Position as at 31 March 2023
Approved and authorised by the
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Surrey Coalition of Disabled People
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
General information |
The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of donations and grants received and the consideration received for services rendered.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Surrey Coalition of Disabled People
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model or the performance model chosen on a class by class basis.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.
Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Surrey Coalition of Disabled People
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Fittings, fixtures and equipment |
25% reducing balance |
Trade debtors
Short term debtors are measured at transaction price, less any impairment.
Cash and cash equivalents
Cash is represented by cash in hand and bank deposits.
Trade creditors
Short term creditors are measured at the transaction price.
Provisions
Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Employee benefits
Short-term employee benefits are recognised as an expense in the period which they are incurred.
Financial instruments
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Surrey Coalition of Disabled People
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
Tangible assets |
Fixtures and fittings |
Total |
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Cost or valuation |
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At 1 April 2022 |
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Additions |
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Disposals |
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At 31 March 2023 |
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Depreciation |
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At 1 April 2022 |
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Charge for the year |
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Eliminated on disposal |
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At 31 March 2023 |
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Carrying amount |
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At 31 March 2023 |
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At 31 March 2022 |
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Debtors |
2023 |
2022 |
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Trade debtors |
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Prepayments |
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Other debtors |
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2023 |
2022 |
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Trade debtors |
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Other debtors |
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Prepayments |
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Surrey Coalition of Disabled People
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Included within accruals and deferred income are monies carried forward in respect of the following:
Deferred Grants |
2023 |
2022 |
@HOME Surplus |
35,000 |
35,000 |
AMHA |
6,520 |
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BAME |
2,573 |
9,259 |
COMF |
12,429 |
13,880 |
Comms Foundation |
806 |
3,072 |
Comms Officer |
6,693 |
13,509 |
Community Champions |
28,721 |
28,852 |
Community Transformation |
23,400 |
- |
Coproductions Surplus |
10,211 |
42,205 |
Database |
26,333 |
4,580 |
DENS |
8,414 |
8,414 |
East Surrey |
2,111 |
1,992 |
FOCUS |
5,769 |
6,156 |
HSF |
18,875 |
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IMHN Budget |
85,251 |
15,975 |
New Hospitals |
6,174 |
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NHS Charities |
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19,800 |
Peer Researchers Surplus |
20,527 |
68,919 |
Surrey Coalition of Disabled People
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
PHYSICAL ACTIVITY |
11,735 |
9,566 |
Public Health |
110,906 |
218,181 |
SABP |
31,860 |
82,019 |
SENDPO |
9,044 |
9,044 |
SURREY DOWNS |
27,407 |
36,802 |
Virtual Trips |
122 |
5,830 |
Vocational Programmes Surplus |
1,370 |
15,400 |
492,251 |
648,455 |
Financial commitments, guarantees and contingencies |
Amounts not provided for in the statement of financial position
With effect from 1 April 2008 the company entered into a new sub-lease. This lease was renewed on 1 April 2023 for a further three years until 31 March 2026 with a contribution of 6.98% of the cost to the landlord of providing certain services