For the year ended 30 September 2024
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 September 2024
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 2024
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 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 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 Dorothy Garner
Mr Mike Newman
Mrs Jeanette Pemberton
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 2024
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 2024. |
| 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 |
| 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
10 June 2025
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For the year ended 30 September 2024
Antz Junction
Statement of Financial Activities (including Income and Expenditure Account)
2023
| Income and endowments from: |
150,370
194,992
2
30,879
45,948
181,249
240,940
(211,424)
(300,427)
5/6
(211,424)
(300,427)
(30,175)
(59,487)
| Total funds brought forward |
(29,398)
(88,885)
| Total funds carried forward |
(119,060)
(88,885)
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Antz Junction
Statement of Financial Position
2024
2023
3,903
4,592
9
3,903
4,592
-
927
10
Debtors
(810)
12,715
(810)
13,642
| Creditors: amounts falling due within one year |
(118,674)
(95,671)
11
Net current assets
(119,484)
(82,029)
| Total assets less current liabilities |
(115,581)
(77,437)
| Creditors: amounts falling due after more than one year |
(3,479)
(11,448)
12
Net assets
(119,060)
(88,885)
| Unrestricted income funds |
(119,060)
(88,885)
(119,060)
(88,885)
| For the year ended 30 September 2024 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: |
10 June 2025
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For the year ended 30 September 2024
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 |
2023
2024
8,765
3,826
186,227
146,544
194,992
150,370
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For the year ended 30 September 2024
Antz Junction
Notes to the Financial Statements Continued
| 5. Costs of charitable activities by fund type |
2023
2024
300,427
211,424
Support costs
| 6. Costs of charitable activities by activity type |
2023
2024
Activity 1
211,424
300,427
| 7. Staff costs and emoluments |
| Total staff costs for the year ended 30 September 2024 were: |
2024
2023
139,187
179,150
7,391
12,328
3,035
4,280
149,612
195,758
2024
2023
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 2024
Antz Junction
Notes to the Financial Statements Continued
| Furniture,fittin |
| gs, tools and |
33,574
33,118
456
456
33,118
33,574
28,982
28,574
408
Charge for year
689
682
7
29,671
29,256
415
41
48
3,862
4,544
3,903
4,592
| The depreciation charge for the year is £(2,164) in respect of assets leased under finance leases or hire purchase contracts. |
2024
2023
| Amounts due within one year: |
-
200
| Prepayments and accrued income |
-
727
-
927
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For the year ended 30 September 2024
Antz Junction
Notes to the Financial Statements Continued
| 11. Creditors: amounts falling due within one year |
2024
2023
9,512
12,698
11,749
20,344
84,988
50,379
| Accruals and deferred income |
12,425
12,250
118,674
95,671
| The following liabilities disclosed under creditors falling due within one year are secured by the charity: |
| Bank loans and overdrafts |
9,512
12,698
9,512
12,698
| 12. Creditors: amounts falling due after more than one year |
2024
2023
11,448
3,479
3,479
11,448
| The following liabilities disclosed under creditors falling due after more than one year are secured by the charity: |
| Bank loans and overdrafts |
11,448
3,479
3,479
11,448
| 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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