Bancroft Meeting Place,Ltd - AccountsChartiy- Accounts

Bancroft Meeting Place,Ltd - AccountsChartiy- Accounts

BANCROFT MEETING PLACE - Company Information

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2021-04-01 02166849 2022-03-31 02166849 2021-04-01 2022-03-31 02166849 uk-bus:Director1 2021-04-01 2022-03-31 02166849 uk-bus:Director1 2022-03-31 02166849 uk-bus:Director2 2021-04-01 2022-03-31 02166849 uk-bus:Director2 2022-03-31 02166849 uk-bus:Director3 2021-04-01 2022-03-31 02166849 uk-bus:Director3 2022-03-31 02166849 uk-bus:Director4 2021-04-01 2022-03-31 02166849 uk-bus:Director4 2022-03-31 02166849 uk-bus:Director5 2021-04-01 2022-03-31 02166849 uk-bus:Director5 2022-03-31 02166849 uk-bus:Director6 2021-04-01 2022-03-31 02166849 uk-bus:Director6 2022-03-31 02166849 uk-bus:CompanySecretary1 2021-04-01 2022-03-31 02166849 uk-char:TotalUnrestrictedFunds 2021-04-01 2022-03-31 02166849 2021-03-31 02166849 2020-04-01 2021-03-31 02166849 uk-core:WithinOneYear 2022-03-31 02166849 uk-core:WithinOneYear 2021-03-31 02166849 uk-char:TotalUnrestrictedFunds 2022-03-31 02166849 uk-char:TotalUnrestrictedFunds 2021-03-31 02166849 uk-core:FurnitureFittings 2021-03-31 02166849 uk-core:LandBuildings 2021-03-31 02166849 uk-core:LandBuildings 2022-03-31 02166849 uk-core:FurnitureFittings 2022-03-31 02166849 uk-core:FurnitureFittings 2021-04-01 2022-03-31 02166849 uk-core:LandBuildings 2021-04-01 2022-03-31 02166849 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund1 2021-04-01 2022-03-31 02166849 uk-char:TotalUnrestrictedFunds uk-char:MaterialFund1 2020-04-01 2021-03-31 02166849 uk-char:TotalUnrestrictedFunds 2020-04-01 2021-03-31 02166849 uk-char:MaterialFund1 uk-char:TotalUnrestrictedFunds 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure 02166849 uk-bus:AuditExemptWithAccountantsReport 2021-04-01 2022-03-31 02166849 uk-bus:FRS102 2021-04-01 2022-03-31 02166849 uk-bus:FullAccounts 2021-04-01 2022-03-31
(England and Wales)
Company number: 02166849
Charity number: 297842
Bancroft Meeting Place
For the year ended 31 March 2022
Report of the Trustees and Financial Statements
2
For the year ended 31 March 2022
Bancroft Meeting Place
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 9
Notes to the Financial Statements
3
For the year ended 31 March 2022
Bancroft Meeting Place
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 31 March 2022. 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 company's principal activities during the year was that of promoting the benefits of the inhabitants of Bancroft and to maintain and manage a meeting place establishment. The company is limited by guarantee, to the extent of £ 1 each for current member and any other person who may have been a member within the last year.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
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.
REFERENCE AND ADMINISTRATIVE INFORMATION
Bancroft Meeting Place
Name of Charity
Charity registration number
297842
02166849
Company registration number
29 Hadrians Drive
Principal address
Bancroft
Milton Keynes
MK13 0QB
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mr Ian Wynne FRANKLIN
Dr Tori SNELL
Mr Michael George SNELL
Mr Stephen Barry BARNES
Mrs Irene Elizabeth ENTWISTLE
Mrs Julie Mary BARNES
Mrs Julie HALSEY
Secretary
THE ADVANCE PARTNERSHIP LTD
Independent examiners
First Floor, 89 High Street
Newport Pagnell
MK16 8AB
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4
For the year ended 31 March 2022
Bancroft Meeting Place
Report of the Trustees Continued
.............................................................................
Approved by the Board of Trustees and signed on its behalf by
19 December 2022
Mr Ian Wynne FRANKLIN
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5
For the year ended 31 March 2022
Bancroft Meeting Place
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 31 March 2022.
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.
THE ADVANCE PARTNERSHIP LTD
First Floor, 89 High Street
Newport Pagnell
MK16 8AB
19 December 2022
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6
For the year ended 31 March 2022
Bancroft Meeting Place
Statement of Financial Activities (including Income and Expenditure Account)
2021
Unrestricted
funds
Notes
£
£
Income and endowments from:
Donations and legacies
19,310
28,383
2
Investments
265
-
3
Total
19,575
28,383
Expenditure on:
Raising funds
(22,645)
(28,726)
4
Total
(22,645)
(28,726)
(3,070)
(343)
Net expenditure
Reconciliation of funds
Total funds brought forward
33,699
33,357
Total funds carried forward
30,287
33,356
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7
02166849
Registered Number :
As at 31 March 2022
Bancroft Meeting Place
Statement of Financial Position
£
£
Notes
2022
2021
Fixed assets
Tangible assets
202
269
9
202
269
Current assets
Cash at bank and in hand
31,498
34,137
31,498
34,137
Creditors: amounts falling due within one year
(1,416)
(1,048)
10
Net current assets
30,082
33,089
Total assets less current liabilities
30,284
33,358
Net assets
30,284
33,358
The funds of the charity
Unrestricted income funds
11
30,287
33,356
Total funds
30,287
33,356
For the year ended 31 March 2022 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:
19 December 2022
Mr Ian Wynne FRANKLIN
5 of 9
8
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements
1. Accounting Policies
Basis of accounting
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. Bancroft Meeting Place 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).
2. Income from donations and legacies
2021
2022
£
£
Unrestricted funds
Donations received
8,852
19,310
Grants received
19,531
-
28,383
19,310
3. Investment income
2021
2022
£
£
Unrestricted funds
Bank interest receivable
265
-
-
265
4. Expenditure on generating donations and legacies
2021
2022
£
£
Unrestricted funds
Donations
90
67
Subscriptions
13
13
Support costs
28,623
22,565
22,645
28,726
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9
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements Continued
5. Analysis of support costs
2021
2022
£
£
Management
15,282
13,404
Cleaning Expenses
1,329
426
Insurance
683
844
Light and Heat
835
970
Sundry Expenses
73
671
Telephone Expenses
432
434
Water Rates
701
425
Governance costs
3,230
11,449
28,623
22,565
6. Net income/(expenditure) for the year
This is stated after charging/(crediting):
2022
2021
£
£
Depreciation of owned fixed assets
67
90
Accountancy fees
1,032
1,092
7. Staff costs and emoluments
2022
2021
3
Average Number of Employee
3
3
3
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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10
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements Continued
9. Tangible fixed assets
Fixtures and
Fittings
Land and
Buildings
Total
Cost or valuation
£
£
£
17,549
17,548
1
At 01 April 2021
At 31 March 2022
1
17,548
17,549
Depreciation
17,280
17,280
-
At 01 April 2021
Charge for year
67
67
-
17,347
17,347
-
At 31 March 2022
Net book values
At 31 March 2022
At 31 March 2021
1
1
201
268
202
269
10. Creditors: amounts falling due within one year
2022
2021
£
£
Other creditors
113
120
Accruals and deferred income
1,303
928
1,416
1,048
11. Movement in funds
Unrestricted Funds
Balance at
01/04/2021
Incoming
resources
Outgoing
resources
Balance at
31/03/2022
£
£
£
£
General
33,357
19,575
(22,645)
30,287
General
33,357
19,575
(22,645)
30,287
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11
For the year ended 31 March 2022
Bancroft Meeting Place
Notes to the Financial Statements Continued
Unrestricted Funds - Previous year
Balance at
01/04/2020
Incoming
resources
Outgoing
resources
Balance at
31/03/2021
£
£
£
£
General
33,699
28,383
(28,726)
33,356
General
33,699
28,383
(28,726)
33,356
Purpose of unrestricted Funds
General
Hall Hire
12. Analysis of net assets between funds
Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
Unrestricted funds
General
202
30,082
30,284
General
202
30,082
30,284
Previous year
Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
Unrestricted funds
General
269
33,089
33,358
General
269
33,089
33,358
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