Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-311840018400133562023-06-01falseNo description of principal activity222024-05-31 07514599 2023-06-01 2024-05-31 07514599 2022-06-01 2023-05-31 07514599 2024-05-31 07514599 2023-05-31 07514599 2023-06-01 07514599 2022-06-01 07514599 c:CompanySecretary1 2023-06-01 2024-05-31 07514599 c:RegisteredOffice 2023-06-01 2024-05-31 07514599 d:PlantMachinery 2023-06-01 2024-05-31 07514599 d:PlantMachinery 2024-05-31 07514599 d:PlantMachinery 2023-05-31 07514599 d:CurrentFinancialInstruments 2024-05-31 07514599 d:CurrentFinancialInstruments 2023-05-31 07514599 c:FRS102 2023-06-01 2024-05-31 07514599 c:IndependentExaminationCharity 2023-06-01 2024-05-31 07514599 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07514599 b:Trustee1 2023-06-01 2024-05-31 07514599 b:Trustee2 2023-06-01 2024-05-31 07514599 b:Trustee3 2023-06-01 2024-05-31 07514599 b:Trustee5 2023-06-01 2024-05-31 07514599 b:Trustee6 2023-06-01 2024-05-31 07514599 b:Trustee7 2023-06-01 2024-05-31 07514599 b:Trustee8 2023-06-01 2024-05-31 07514599 b:TotalEndowmentFunds 2023-06-01 2024-05-31 07514599 b:TotalEndowmentFunds 2022-06-01 2023-05-31 07514599 b:TotalEndowmentFunds 2024-05-31 07514599 b:TotalEndowmentFunds 2023-05-31 07514599 b:Activity1 2023-06-01 2024-05-31 07514599 b:Activity1 2022-06-01 2023-05-31 07514599 b:Activity1 b:TotalEndowmentFunds 2023-06-01 2024-05-31 07514599 b:Activity1 b:TotalEndowmentFunds 2022-06-01 2023-05-31 07514599 b:FundraisingEvents b:Activity1 b:TotalEndowmentFunds 2023-06-01 2024-05-31 07514599 b:FundraisingEvents b:Activity1 b:TotalEndowmentFunds 2022-06-01 2023-05-31 07514599 b:FundraisingEvents b:Activity1 2023-06-01 2024-05-31 07514599 b:FundraisingEvents b:Activity1 2022-06-01 2023-05-31 07514599 b:TotalUnrestrictedFunds 2024-05-31 07514599 b:TotalUnrestrictedFunds 2023-05-31 07514599 b:TotalRestrictedIncomeFunds 2024-05-31 07514599 b:TotalRestrictedIncomeFunds 2023-05-31 07514599 c:FullAccounts 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 07514599
Charity number: 1142126










MADLEY PARK HALL TRUST
(A company limited by guarantee)







UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the Charity, its Trustees and advisers
1
Trustees' report
2 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7 - 8
Notes to the financial statements
9 - 19

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MAY 2024



Trustees
Reverend S T Kirby (resigned 5 June 2024)
Mrs T D Hepworth
Reverend A S Mcculloch (resigned 5 June 2024)
Mr A Rice (resigned 26 July 2024)
Mr R Beese
Mrs A Hall
Mrs H Watson Nall


Company registered number
07514599

Charity registered number
1142126

Registered office
Northfield Farm Lane
Witney
Oxfordshire
OX28 1UE

Company secretary
Mr R Beese

Page 1

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MAY 2024

The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their annual report together with the financial statements of the Madley Park Hall Trust for the  1 June 2023 to 31 May 2024The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

a. Policies and objectives
 

The provision and maintenance of a village hall for the use of the inhabitants of Witney and the surrounding area without distinction of political, religious or other opinions, including use for:
(a) meetings, lectures and classes, and
(b) other forms of recreation and leisure time occupation, with the object of improving the conditions of  life for the inhabitants
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
 

b. Strategies for achieving objectives
 

The Trustees review the aims, objectives and activities each year.  We look at what we have achieved  in terms of the success of each key activity and the benefits we have brought to the residents of Witney.  This review also helps to ensure our aims, objectives and activities remain focussed on our stated purposes.  We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.  In particular the trustees consider how planned activities will contribute to the aims and objectives we have set.
 

Achievements and performance
 

a. Main achievements of the Charity
 

The Trustees continue to make community events a regular feature of the hall and the hall manager with  a group of volunteers have continued to organise a Christmas gift fair, New Year's dinner, Summer Fete and  a Halloween party for children.  These all raised funds for the hall.
I would like to thank all those who have volunteered this year to enable the hall to continue to be a centre  for community in North Witney.  In particular I would like to thank the trustees and the hall manager who have continued to work hard and whose enthusiasm and hard work has contributed enormously to the success of the Hall.

.
 

Financial review
Page 2

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)
 
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

Structure, governance and management
 

a. Constitution
 

Madley Park Hall Trust is registered as a charitable company limited by guarantee and was set up by a Trust deed.
 

b. Methods of appointment or election of Trustees
 

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
 

c. Organisational structure and decision-making policies
 

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.
The Charity is controlled by its governing document, its memorandum and articles of association, dated 24 January 2011, which constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
 

d. Financial 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.
 

Page 3

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)
 
Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees on 15 June 2024 and signed on their behalf by:
 




Mr R Beese
Chairman
Page 4

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MAY 2024

Independent examiner's report to the Trustees of Madley Park Hall Trust ('the Charity')

 
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 May 2024.


Responsibilities and basis of report


As the Trustees of the Charity (and 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 Charity 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 the 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 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 Charity 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.


This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.





Signed:      Dated: 26 February 2025

 
Lorraine Butler     FCA

 
KBDR Chartered Accountants The Old Tannery Hensington Road Woodstock Oxfordshire OX20 1JL
Page 5

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)

 
 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MAY 2024


Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
Note
        £
        £
        £

Income from:






Donations and legacies

3

-

-

5,000
 
Charitable activities

4

37,271

37,271

36,848
 
Other trading activities

5

1,549

1,549

888
 
Total income
38,820
38,820
42,736
Expenditure on:






Raising funds

6

332

332

702
 
Charitable activities

7

41,010

41,010

40,663
 
Total expenditure
41,342
41,342
41,365

Net movement in funds
  
(2,522)
(2,522)
1,371

Reconciliation of funds:

  




Total funds brought forward

  

9,200

9,200

7,829
 
Net movement in funds

  

(2,522)

(2,522)

1,371
 
Total funds carried forward
  
6,678
6,678
9,200

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 9 to 19 form part of these financial statements.

Page 6

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)
REGISTERED NUMBER: 07514599

 
 
BALANCE SHEET
AS AT 31 MAY 2024


2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 10 
150
200

  
150
200

Current assets
  

Cash at bank and in hand
  
7,128
9,600

  
7,128
9,600

Creditors: amounts falling due within one year
 11 
(600)
(600)

Net current assets 
  
 
 
6,528
 
 
9,000

Total assets less current liabilities
  
6,678
9,200

Net assets excluding pension asset 
  
6,678
9,200

Total net assets 
  
6,678
9,200


Charity funds
  

Restricted funds
 13 
-
-

Unrestricted funds
 13 
6,678
9,200

Total funds
  
6,678
9,200

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 15 June 2024 and signed on their behalf by:

Page 7

 
MADLEY PARK HALL TRUST
 
(A company limited by guarantee)
REGISTERED NUMBER: 07514599

 
 
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024




Mr R Beese
Trustee

The notes on pages 9 to 19 form part of these financial statements.

Page 8

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Madley Park Hall Trust is registered as a charitable company limited by guarantee and was set up by a Trust deed.  Company Number 07514599 and Chairty Number 1142126.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Madley Park Hall Trust 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.

  
2.2

Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

  
2.3

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 9

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

  
2.4

Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

 
2.5

Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. 

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Reducing balance

  
2.6

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


2.7

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

  
2.8

Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 10

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

  
2.9

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.


3.

Income from donations and legacies



Unrestricted funds
2024
Total
funds
2024
        £
        £
 





Unrestricted funds
2023
Total
funds
2023
        £
        £


Government grants

5,000

5,000



4.

Income from charitable activities



Unrestricted funds
2024
Total
funds
2024
        £
        £



Income from charitable activities - Hire charges

37,271

37,271




Unrestricted funds
2023
Total
funds
2023
        £
        £



Income from charitable activities - Hire charges

36,848

36,848


Page 11

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.

Income from other trading activities

Income from fundraising events



Unrestricted funds
2024
Total
funds
2024
        £
        £



Event income

1,549

1,549




Unrestricted funds
2023
Total
funds
2023
        £
        £



Event income

888

888



6.

Expenditure on raising funds

Costs of raising voluntary income



Unrestricted funds
2024
Total
funds
2024
        £
        £



Event costs

282

282


Page 12

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.Expenditure on raising funds (continued)

Costs of raising voluntary income (continued)



Unrestricted funds
2023
Total
funds
2023
        £
        £



Event costs

636

636



Fundraising trading expenses



Unrestricted funds
2024
Total
funds
2024
        £
        £



Allocated centrally incurred fundraising and governance costs

50

50


Page 13

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.Expenditure on raising funds (continued)

Fundraising trading expenses (continued)



Unrestricted funds
2023
Total
funds
2023
        £
        £



Allocated centrally incurred fundraising and governance costs

66

66






7.

Analysis of expenditure on charitable activities


Summary by fund type



Unrestricted funds
2024
Total
2024
        £
        £



Staff salaries

17,315

17,315

Consumables

697

697

Rates and water

980

980

Insurance

547

547

Light and heat

7,789

7,789

Telephone

1,434

1,434

Postage and stationery

325

325

Sundries

300

300

Cleaning and waste

6,130

6,130

Repairs and renewals

4,637

4,637

Gardening costs

481

481

Accounting and legal fees

375

375



41,010
41,010



Page 14

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.Analysis of expenditure on charitable activities (continued)

Summary by fund type (continued)

Unrestricted funds
2023
Total
2023
        £
        £



Staff salaries

17,520

17,520

Consumables

876

876

Rates and water

906

906

Insurance

928

928

Light and heat

4,340

4,340

Telephone

1,294

1,294

Postage and stationery

316

316

Sundries

552

552

Cleaning and waste

7,085

7,085

Repairs and renewals

4,999

4,999

Gardening costs

587

587

Accounting and legal fees

1,260

1,260



40,663
40,663


8.

Independent examiner's remuneration

2024
2023
£
£

Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts
600
600


9.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 31 May 2024, no Trustee expenses have been incurred (2023 - £NIL).

Page 15

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

10.


Tangible fixed assets




Plant and machinery

£


Cost or valuation

At 1 June 2023
2,661


At 31 May 2024

2,661


Depreciation

At 1 June 2023
2,461

Charge for the year
50


At 31 May 2024

2,511


Net book value


At 31 May 2024
150


At 31 May 2023
200


11.



Creditors: Amounts falling due within one year


2024
2023
£
£


Accruals and deferred income
600
600


12.



Financial instruments


2024
2023
£
£

Financial assets

Financial assets measured at fair value through income and expenditure
7,128
9,600


Financial assets measured at fair value through income and expenditure comprise….

Page 16

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

13.

Statement of funds


Statement of funds - current year

Balance at 1 June 2023
£
Income
£
Expenditure
£
Balance at 31 May 2024
£

Unrestricted funds





General Funds - all funds

9,200

38,820

(41,342)

6,678
 

Page 17

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

13.

Statement of funds (continued)



Statement of funds - prior year

Balance at
1 June 2022
£
Income
£
Expenditure
£
Balance at
31 May 2023
£

Unrestricted funds





General Funds - all funds

7,829

42,736

(41,365)

9,200
 





14.

Summary of funds


Summary of funds - current year

Balance at 1 June 2023
£
 
Income
£
 
Expenditure
£
 
Balance at 31 May 2024
£
 
General funds

9,200

38,820

(41,342)

6,678
 


Summary of funds - prior year

Balance at
1 June 2022
£
 
Income
£
 
Expenditure
£
 
Balance at
31 May 2023
£
 
General funds

7,829

42,736

(41,365)

9,200
 


15.

Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted funds
2024
Total
funds
2024
        £
        £


Tangible fixed assets

150

150

Current assets

7,128

7,128

Creditors due within one year

(600)

(600)

Total 


6,678
6,678

Page 18

 
MADLEY PARK HALL TRUST

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

15.Analysis of net assets between funds (continued)



Analysis of net assets between funds - prior period

Unrestricted funds
2023
Total
funds
2023
        £
        £


Tangible fixed assets

200

200

Current assets

9,600

9,600

Creditors due within one year

(600)

(600)

Total 

9,200
9,200

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