IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Unaudited Small companies regime for accounts Full Charities SORP true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081166892023-03-31081166892024-03-31081166892023-04-012024-03-31081166892022-03-31081166892022-04-012023-03-31081166892023-03-3108116689ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3108116689ns15:PoundSterling2023-04-012024-03-3108116689ns11:FRS1022023-04-012024-03-3108116689ns11:AuditExempt-NoAccountantsReport2023-04-012024-03-3108116689ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108116689ns11:FullAccounts2023-04-012024-03-3108116689ns11:CharitiesSORP2023-04-012024-03-3108116689ns16:EnglandWales2023-04-012024-03-3108116689ns11:RegisteredOffice2023-04-012024-03-3108116689ns0:Trustee22023-04-012024-03-3108116689ns0:Trustee12023-04-012024-03-3108116689ns0:Trustee32023-04-012024-03-3108116689ns0:Trustee42023-04-012024-03-3108116689ns0:TotalUnrestrictedFunds2024-03-310811668922023-04-012024-03-31
REGISTERED COMPANY NUMBER: 08116689 (England and Wales)















REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

SPURLING CANNON COMMUNITY FUND

SPURLING CANNON COMMUNITY FUND






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Report of the Trustees 1 to 2

Statement of Financial Activities 3

Balance Sheet 4

Notes to the Financial Statements 5 to 7

SPURLING CANNON COMMUNITY FUND (REGISTERED NUMBER: 08116689)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


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 March 2024. 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 Spurling Cannon Community Fund is a charitable fund set up for the sole purpose of raising funds through donations and fund-raising events organised by employees of Spurling Cannon Limited. These funds are then disbursed to charitable organisations, community groups and projects and other deserving causes.

Significant activities
Due to the impact of Covid-19 there has been no activities in the year as fundraising plans have all been put on hold.

FINANCIAL REVIEW
Reserves policy
The administrative costs of the Community Fund are paid for by Spurling Cannon Ltd. This allows for all of the generated net income from fund raising activities to be passed on to the nominated Charity, and therefore the Community Fund does not hold any reserves.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The company was incorporated on 22 June 2013 and is limited by guarantee.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08116689 (England and Wales)

Registered Charity number
XT38467

Registered office
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

Trustees
J Spurling Accountant
R W Phillpott FMAAT FCCA Accountant
Mrs N C Sait Accountant
A Cannon FCCA Accountant

The Spurling Cannon Community Fund is currently seeking registration with the Charity Commission. It is registered with HM Revenue & Customs as a Charity using the above number.

Approved by order of the board of trustees on 19 November 2024 and signed on its behalf by:





SPURLING CANNON COMMUNITY FUND (REGISTERED NUMBER: 08116689)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


R W Phillpott FMAAT FCCA - Trustee

SPURLING CANNON COMMUNITY FUND

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   

NET INCOME - -


RECONCILIATION OF FUNDS
Total funds brought forward 1 1

TOTAL FUNDS CARRIED FORWARD 1 1

SPURLING CANNON COMMUNITY FUND (REGISTERED NUMBER: 08116689)

BALANCE SHEET
31 MARCH 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Cash at bank 1 1

NET CURRENT ASSETS 1 1

TOTAL ASSETS LESS CURRENT
LIABILITIES

1

1

NET ASSETS 1 1
FUNDS 6
Unrestricted funds 1 1
TOTAL FUNDS 1 1

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 19 November 2024 and were signed on its behalf by:





R W Phillpott FMAAT FCCA - Trustee

SPURLING CANNON COMMUNITY FUND

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

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.

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.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


3. STAFF COSTS

The average monthly number of employees during the year was as follows:

2024 2023
Directors 4 -

No employees received emoluments in excess of £60,000.


SPURLING CANNON COMMUNITY FUND

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   

NET INCOME -


RECONCILIATION OF FUNDS
Total funds brought forward 1

TOTAL FUNDS CARRIED FORWARD 1

5. DONATIONS

Donations made in the previous years were:

2020 SpeakUp CIC £2,080
2019 Holding On Letting Go £2,114
2018 Beach Within Reach £1,516
2017 Canterbury Oast Trust £2,466
2016 Catching Lives £2,124
2015 Kent, Surrey and Sussex Air Ambulance £2,663
2014 East Kent Hospitals Special Care Baby Unit £2,697
2013 Pilgrims Hospices in East Kent £1,708

6. MOVEMENT IN FUNDS
Net
movement At
At 1/4/23 in funds 31/3/24
£    £    £   
Unrestricted funds
General fund 1 - 1

TOTAL FUNDS 1 - 1

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
TOTAL FUNDS - - -



SPURLING CANNON COMMUNITY FUND

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

8. FUNDS

Restricted funds relate to money raised directly for the beneficiary Charity.

The balance of £1 in unrestricted funds represent a donation from the Trustees of the Charity to ensure there is always a balance held in the Charity Bank account as all surplus money is donated directly to the beneficiary Charity.