REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
FOR |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
Page |
Report of the Trustees | 1 | to | 4 |
Independent Examiner's Report | 5 |
Statement of Financial Activities | 6 |
Balance Sheet | 7 | to | 8 |
Notes to the Financial Statements | 9 | to | 16 |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD (REGISTERED NUMBER: 05216985) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. 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 Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The Charity's objects are: |
To promote the benefit of all who live and/or work in the Town of Pembroke (as designated by the electoral boundary) without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organizations in a common effort to advance education, to improve the physical and economic conditions of life in the area of benefit and to provide facilities in the interests of social welfare for recreation and leisure-time occupation. The Charity shall be non-party in politics and non-sectarian in religion. |
Pembroke 21C owns and manages Foundry House Community Centre, holds the lease for Holyland Wood and has an arrangement with ateb housing association to use their land for St Oswald's Community Garden. |
Aims |
2023 was another busy year for the volunteers that manage and run The Charity, Foundry House Community Centre, St Oswald's Community Garden and The Holyland Wood Nature Reserve. There were no Trustee resignations in 2023. Rhian Cowen joined the team and was confirmed as a Trustee at our AGM on 12th December 2023. |
Bookings at Foundry House increased during 2023; 68 individuals and organisations made a total of 790 bookings. The Warm Welcome Café flourished, and Foundry House became a pickup point for the PATCH food bank. Work done to improve the building and its services included re-rendering and repainting part of the front wall of Foundry House, the installation of electric hand driers and the purchase of a large screen TV. Efforts continued to find a way to complete the extension to Foundry House and progress our plans to open a community café; this work is ongoing. |
During 2023 Holyland Wood was well used, being visited and appreciated by both the Pembroke community and visitors to the area. Regular work parties brought together people from Pembroke and further afield to improve and maintain the woodland. The small dedicated team of volunteers, guided by a number of expert naturalists, worked to ensure that the wood provided a variety of habitats for our native species and remain safe and interesting to visitors. |
St Oswald's Garden was open, weather permitting, on Thursdays throughout 2023, many visitors were welcomed to the garden often leaving with garden produce. The garden was also used by Eastgate Creative Hwb (CIC), as a location for gathering materials for a nature inspired pottery project for unpaid carers. A successful plant sale was held in May. There were good crops of tomatoes, potatoes, onions, apples, spinach, leeks, garlic and raspberries. Plants were grown throughout the year for the birds and insects and to provide continuous colour. A blog on the Foundry House website continued to provide insight into the flowers and insects in the garden. |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD (REGISTERED NUMBER: 05216985) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
OBJECTIVES AND ACTIVITIES |
Current activities and plans for the future |
Financial review |
On 23 December 2023 the charity's No1 account held £14,140.92 of unrestricted funds, the No2 account held £5,705.50, made up of £700.00 in restricted funds and an unrestricted reserve of £5,005.50. To allow for unforeseen expenses, the trustees intend to retain reserve funds in excess of £5,000.00 |
Future development: |
The Trustees have set out their long-term goals which are: |
- To be financially sustainable with a balanced spread of sources of income and substantial unrestricted general and building maintenance reserves. |
- To have Foundry House fully used with income covering running costs. |
- To have a more diverse board of trustees that is representative of the community, in particular including some younger trustees, and who have a broad range of skills they can use for the benefit of the organisation including financial skills. |
- To maintain an active group of volunteers working at Foundry House, St Oswald's Community Garden, and The Holyland Wood Nature Reserve. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
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. |
Organisational structure |
The Charity owns and manages Pembroke's Community Centre and works with the community, partner organisations and key stakeholders to develop and manage a range of community-based projects with volunteers. |
Board of Trustees |
Members | Management Group | Sub Groups |
Open to all | Holyland wood nature reserve |
Foundry House user group representatives | St Oswald's community garden |
Project sub-group representatives |
Partner and key stakeholder representatives |
Board meetings are held each quarter, which members of the Charity may attend, to receive reports from the Foundry House Management Group, the Chair of the Board of Trustees and the representatives of sub-groups and affiliated groups. |
The organisation is run by a Board of Trustees who manage the volunteer cadre. |
Statement of key policies |
The organisation has a number of key policies listed as follow, which are reviewed annually: |
· Child and vulnerable adult protection |
· Data Protection |
· Environment and Ethical Policy |
· Equal Opportunities including a Welsh Language Statement |
· Health and Safety |
· Volunteer Policy |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD (REGISTERED NUMBER: 05216985) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Relationships with related parties |
Membership: |
Membership is open to all who live and/or work in and around Pembroke for an annual fee of £5.00. Members are entitled to vote at General Meetings and to put themselves forward to become Trustees of the Charity. |
Sub-groups: |
The sub-groups, one of whose members must be a Trustee, are run by the volunteers who develop and deliver their projects. Sub-groups make regular reports to the Management Group and seek Trustee's approval of all fundraising and expenditure. These affiliated groups have member representatives with voting rights at general meetings. |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
Statement of major risks: |
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
These outcomes are an important part of the risk assessment for the organisation which aims to recover the full costs through a sustainable spread of grant funding, sales and fundraising and to establish growing unrestricted reserves in line with the Reserves Policy. |
The Trustees have identified the following major risks: |
· The arrival of a more virulent variant of COVID-19 or the appearance a new pandemic virus |
· Inability to secure and increase unrestricted funding and establish reserves |
· Difficulty in securing grant funding to develop key projects |
· Lack of volunteers or volunteers dropping out resulting in a reduction in volunteer time |
· Low membership take up |
· Flooding of building due to extreme weather events |
· Vulnerabilities due to the effects of climate change |
· Rising fuel bills and costly maintenance or repairs to the building |
These risks are being monitored on a regular basis at management group meetings. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD (REGISTERED NUMBER: 05216985) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
Trustees |
Independent Examiner |
Kenneth Randall |
Llewelyn Davies |
Chartered Accountants |
50 Queen Street |
Pembroke Dock |
Pembrokeshire |
SA72 6JE |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
Independent examiner's report to the trustees of Foundry House Community Centre, Pembroke Ltd ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you 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 as 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 examiner's 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: |
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 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 |
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. |
Kenneth Randall |
Llewelyn Davies |
Chartered Accountants |
50 Queen Street |
Pembroke Dock |
Pembrokeshire |
SA72 6JE |
23 September 2024 |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
STATEMENT OF FINANCIAL ACTIVITIES |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
Charitable activities | 3 |
Rental income and fees | 22,942 | - | 22,942 | 25,539 |
Total |
EXPENDITURE ON |
Charitable activities | 4 |
Direct costs | 36,424 | 18,203 | 54,627 | 30,843 |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 623,895 |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD (REGISTERED NUMBER: 05216985) |
BALANCE SHEET |
31 DECEMBER 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 9 |
CURRENT ASSETS |
Debtors | 10 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 11 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
ACCRUALS AND DEFERRED INCOME | 12 | ( |
) | ( |
) | ( |
) |
NET ASSETS |
FUNDS | 13 |
Unrestricted funds | 76,853 |
Restricted funds | 547,042 |
TOTAL FUNDS | 623,895 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 statements, so far as applicable to the charitable company. |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD (REGISTERED NUMBER: 05216985) |
BALANCE SHEET - continued |
31 DECEMBER 2023 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Freehold property | - |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. |
Grants |
Income grants are credited to income on receipt, capital grants are held as deferred income and released over the life of the asset. |
Voluntary income |
Voluntary income is received by way of donations and gifts and is included in full on receipt. |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
2. | DONATIONS AND LEGACIES |
2023 | 2022 |
£ | £ |
Donations |
Grants |
Grants received, included in the above, are as follows: |
2023 | 2022 |
£ | £ |
Pembrokeshire County Council | 14,055 | - |
PAVS | - | 2,791 |
14,055 | 2,791 |
3. | INCOME FROM CHARITABLE ACTIVITIES |
2023 | 2022 |
Activity | £ | £ |
Rental income and fees | Rental income and fees | 22,942 | 25,539 |
4. | CHARITABLE ACTIVITIES COSTS |
Support |
Direct | costs (see |
Costs | note 5) | Totals |
£ | £ | £ |
Direct costs | 7,138 | 47,489 | 54,627 |
5. | SUPPORT COSTS |
Governance |
Management | Finance | costs | Totals |
£ | £ | £ | £ |
Direct costs | 45,949 | 142 | 1,398 | 47,489 |
6. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2023 | 2022 |
£ | £ |
Depreciation - owned assets |
Hire of plant and machinery | - | 125 |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
7. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. |
8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Rental income and fees | 25,539 | - | 25,539 |
Total |
EXPENDITURE ON |
Charitable activities |
Direct costs | 15,339 | 15,504 | 30,843 |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
Transfers between funds | 635 | (635 | ) | - |
Net movement in funds | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 65,863 | 560,390 |
TOTAL FUNDS CARRIED FORWARD | 76,852 | 547,043 | 623,895 |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
9. | TANGIBLE FIXED ASSETS |
Improvements |
Freehold | to | Plant and |
property | property | machinery |
£ | £ | £ |
COST |
At 1 January 2023 and 31 December 2023 |
DEPRECIATION |
At 1 January 2023 |
Charge for year |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 January 2023 and 31 December 2023 |
DEPRECIATION |
At 1 January 2023 |
Charge for year |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
Prepayments and accrued income |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
Accrued expenses |
12. | ACCRUALS AND DEFERRED INCOME |
2023 | 2022 |
£ | £ |
Accruals and deferred income | 95,383 | 98,303 |
National Assembly of Wales grant of £155.000 was received in the year ended 31 August 2007. £145,997 was deferred to be released against depreciation in respect of Foundry House over the life of the asset, the balance of £9,003 was credited to income in the year of receipt. |
13. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.1.23 | in funds | 31.12.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 76,853 | 1,048 | 77,901 |
Restricted funds |
Millpond fund | 72 | (11 | ) | 61 |
Foundry house | 387 | 72 | 459 |
WAG Refurbishment | 321,181 | (9,307 | ) | 311,874 |
Big Lottery Fund Grant | 221,819 | (6,135 | ) | 215,684 |
Holyland Wood | 635 | 1 | 636 |
Supporting Community Action Fund | 2,948 | (2,823 | ) | 125 |
(18,203 | ) |
TOTAL FUNDS | (17,155 | ) | 606,740 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 37,472 | (36,424 | ) | 1,048 |
Restricted funds |
Millpond fund | - | (11 | ) | (11 | ) |
Foundry house | (1 | ) | 73 | 72 |
WAG Refurbishment | - | (9,307 | ) | (9,307 | ) |
Big Lottery Fund Grant | - | (6,135 | ) | (6,135 | ) |
Holyland Wood | - | 1 | 1 |
Supporting Community Action Fund | 1 | (2,824 | ) | (2,823 | ) |
( |
) | (18,203 | ) |
TOTAL FUNDS | ( |
) | (17,155 | ) |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
13. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.1.22 | in funds | funds | 31.12.22 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 65,863 | 10,355 | 635 | 76,853 |
Restricted funds |
Millpond fund | 84 | (12 | ) | - | 72 |
Foundry house | 314 | 73 | - | 387 |
WAG Refurbishment | 330,489 | (9,308 | ) | - | 321,181 |
Big Lottery Fund Grant | 227,958 | (6,139 | ) | - | 221,819 |
Holyland Wood | 1,311 | (41 | ) | (635 | ) | 635 |
Supporting Community Action Fund | 234 | 2,714 | - | 2,948 |
560,390 | (12,713 | ) | (635 | ) | 547,042 |
TOTAL FUNDS | 626,253 | (2,358 | ) | - | 623,895 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 25,693 | (15,338 | ) | 10,355 |
Restricted funds |
Millpond fund | 1 | (13 | ) | (12 | ) |
Foundry house | - | 73 | 73 |
WAG Refurbishment | - | (9,308 | ) | (9,308 | ) |
Big Lottery Fund Grant | - | (6,139 | ) | (6,139 | ) |
Holyland Wood | - | (41 | ) | (41 | ) |
Supporting Community Action Fund | 2,791 | (77 | ) | 2,714 |
2,792 | (15,505 | ) | (12,713 | ) |
TOTAL FUNDS | 28,485 | (30,843 | ) | (2,358 | ) |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
13. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between | At |
At 1.1.22 | in funds | funds | 31.12.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 65,863 | 11,403 | 635 | 77,901 |
Restricted funds |
Millpond fund | 84 | (23 | ) | - | 61 |
Foundry house | 314 | 145 | - | 459 |
WAG Refurbishment | 330,489 | (18,615 | ) | - | 311,874 |
Big Lottery Fund Grant | 227,958 | (12,274 | ) | - | 215,684 |
Holyland Wood | 1,311 | (40 | ) | (635 | ) | 636 |
Supporting Community Action Fund | 234 | (109 | ) | - | 125 |
560,390 | (30,916 | ) | (635 | ) | 528,839 |
TOTAL FUNDS | 626,253 | (19,513 | ) | - | 606,740 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 63,165 | (51,762 | ) | 11,403 |
Restricted funds |
Millpond fund | 1 | (24 | ) | (23 | ) |
Foundry house | (1 | ) | 146 | 145 |
WAG Refurbishment | - | (18,615 | ) | (18,615 | ) |
Big Lottery Fund Grant | - | (12,274 | ) | (12,274 | ) |
Holyland Wood | - | (40 | ) | (40 | ) |
Supporting Community Action Fund | 2,792 | (2,901 | ) | (109 | ) |
2,792 | (33,708 | ) | (30,916 | ) |
TOTAL FUNDS | 65,957 | (85,470 | ) | (19,513 | ) |
FOUNDRY HOUSE COMMUNITY CENTRE, |
PEMBROKE LTD |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2023 |
14. | RELATED PARTY DISCLOSURES |