**REGISTERED CHARITY NUMBER: 1011968** ## **Report of the Trustees and** **Financial Statements for the Year Ended 31 March 2021** ## **for** ## **West Bowling Community Centre** Abraham Accountants Sher House 46 Houghton Place Bradford West Yorkshire BD1 3RG **West Bowling Community Centre** ## **Contents of the Financial Statements for the Year Ended 31 March 2021** ||**Page**| |---|---| |**Report of the Trustees**|1| |**Statement of Financial Activities**|2| |**Balance Sheet**|3| |**Notes to the Financial Statements**|4 to 8| |**Detailed Statement of Financial Activities**|9 to 10| **West Bowling Community Centre** ## **Report of the Trustees for the Year Ended 31 March 2021** The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. 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). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1011968 ## **Principal address** Clipstone Street Bradford Yorkshire BD5 8EA ## **Trustees** Mrs F Mir Mr N H Ali Mr I Shafiq Mr I Khan Mrs N Khan Mr A H Ismail Approved by order of the board of trustees on ............................................. and signed on its behalf by: ............................................................. Mr N H Ali - Trustee Page 1 ## **West Bowling Community Centre** ## **Statement of Financial Activities for the Year Ended 31 March 2021** |**2021**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
**353,680**
Investment income
2
**265**
**Total**
**353,945**
**EXPENDITURE ON**
Raising funds
**267,965**
**NET INCOME**
**85,980**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**220,533**
**TOTAL FUNDS CARRIED**
**FORWARD**
**306,513**|2020
Total
funds
£
203,311
230| |---|---| ||203,541
162,164| ||41,377
179,156| ||220,533| The notes form part of these financial statements Page 2 **West Bowling Community Centre** ## **Balance Sheet 31 March 2021** |**2021**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
5
**3,655**
**CURRENT ASSETS**
Cash at bank and in hand
**304,348**
**CREDITORS**
Amounts falling due within one year
6
**(1,490)**
**NET CURRENT ASSETS**
**302,858**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**306,513**
**NET ASSETS**
**306,513**
**FUNDS**
7
Unrestricted funds
**306,513**
**TOTAL FUNDS**
**306,513**|2020
Total
funds
£
2,937
217,596
-| |---|---| ||217,596| ||220,533| ||220,533| ||220,533| ||220,533| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Mr N H Ali - Trustee The notes form part of these financial statements Page 3 **West Bowling Community Centre** ## **Notes to the Financial Statements for the Year Ended 31 March 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognized 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 recognized 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. ## **Taxation** The charity is exempt from 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. continued... Page 4 **West Bowling Community Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** ## **2. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||**2021**|2020| ||**£**|£| |Bank Interest|**265**|230| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|203,311| |Investment income|230| |**Total**|203,541| |**EXPENDITURE ON**|| |Raising funds|162,164| |**NET INCOME**|41,377| |**RECONCILIATION OF FUNDS**|| |**Total funds brought forward**|179,156| |**TOTAL FUNDS CARRIED**|| |**FORWARD**|220,533| Page 5 continued... **West Bowling Community Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** ## **5. TANGIBLE FIXED ASSETS** |**COST**
At 1 April 2020
Additions
At 31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Taxation and social security
**7.**
**MOVEMENT IN FUNDS**
At 1/4/20
£
**Unrestricted funds**
General fund
**220,533**
**TOTAL FUNDS**
**220,533**|
**2021**
**£**
**1,490**
Net
movement
in funds
£
**85,980**
**85,980**|Fixtures
and
fittings
£
**15,513**
**1,936**
**17,449**
**12,576**
**1,218**
**13,794**
**3,655**
2,937
2020
£
-
At
31/3/21
£
**306,513**
**306,513**| |---|---|---| Page 6 continued... **West Bowling Community Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** ## **7. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |Incoming|Resources|Movement| |---|---|---| |resources|expended|in funds| |£|£|£| |**Unrestricted funds**||| |General fund
**353,945**|**(267,965)**|**85,980**| |**TOTAL FUNDS**
**353,945**|**(267,965)**|**85,980**| |||| |**Comparatives for movement in funds**||| ||Net|| ||movement|At| |At 1/4/19|in funds|31/3/20| |£|£|£| |**Unrestricted funds**||| |General fund
179,156|41,377|220,533| |**TOTAL FUNDS**
179,156|41,377|220,533| |||| |Comparative net movement in funds, included in the above are as follows:||| |Incoming|Resources|Movement| |resources|expended|in funds| |£|£|£| |**Unrestricted funds**||| |General fund
203,541|(162,164)|41,377| |**TOTAL FUNDS**
203,541|(162,164)|41,377| continued... Page 7 **West Bowling Community Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** ## **7. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1/4/19
£
179,156
179,156|Net
movement
in funds
£
127,357
127,357|At
31/3/21
£
306,513| |---|---|---|---| ||||306,513| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
557,486
557,486|Resources
Movement
expended
in funds
£
£
(430,129)
127,357
(430,129)
127,357| |---|---|---| ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2021. Page 8 ## **West Bowling Community Centre** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Family Action
BMDC Day Opss
EUSS
BMDC Core Costs
Royds
BSB NP
Big Lottery
Other Income
**Investment income**
Bank Interest
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Wages
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Repairs & Renewals
Professional Fees
Accountancy
Project Expenses
Sundries
Rent
Depreciation of tangible fixed assets|2021
£
**56,877**
**18,546**
**41,000**
**11,500**
**-**
**85,313**
**84,339**
**56,105**
**353,680**
**265**
**353,945**
**119,317**
**1,254**
**1,804**
**9,925**
**6,912**
**5,242**
**1,317**
**3,666**
**1,632**
**91,567**
**1,111**
**23,000**
**1,218**
**267,965**|2020
£
91,000
18,546
22,500
11,500
8,484
34,399
-
16,882| |---|---|---| |||203,311
230| |||203,541
94,996
3,149
1,516
7,055
1,467
1,451
1,440
1,894
1,632
20,561
1,107
24,917
979| |||162,164| This page does not form part of the statutory financial statements Page 9 ## **West Bowling Community Centre** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021** |**Detailed Statement of Financial Activities**
**for the Year Ended 31 March 2021**||| |---|---|---| |Total resources expended
**Net income**|2021
£
**267,965**
**85,980**|2020
£| |||162,164| |||41,377| This page does not form part of the statutory financial statements Page 10