2021-03-31-accounts - The Craig-Y-Don Community Centre

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CRAIG-Y-DON COMMUNITY CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021

The Trustees present their report with the financial statements for the year ended 31st March 2021.

OBJECTS, ORGANISTION AND ACTIVITIES

The charity is established to promote the good and wellbeing of the inhabitants of Craig-y-Don and the surrounding area by providing community facilities at affordable prices.

The community centre is available for hire by any individual or organisation in accordance with the standard hiring agreement and scale of charges adopted. The scale of charges is intended to be sufficient to generate enough income to result in a surplus available for future maintenance costs and the enhancement of the facilities.

The community centre has had another excellent year with more activities taking place. It is now running to at least 90% capacity for seven days a week. In addition to the provision of rooms for hire, the community centre provides for the operation of a playgroup and an after school club, within the building.

Reserves Policy

Reserves are held at a level considered by the Trustees to be appropriate to fund the activities of the Charity and to part fund any new projects.

Risk Management

The major business, operational and general risks are reviewed by the Trustees on a regular basis to ensure that appropriate action may be taken, as necessary, in order to lessen the Charity’s exposure to risk.

Responsibilities of Members of the Managing Committee

The Trustees are required to prepare financial statements for each financial year in accordance with the Charities Act 2011 and following guidance for accounting for smaller charities issued by the Charities Commission.

In preparing the financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently
make judgements and estimates that are reasonable and prudent
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the accounts.

CRAIG-Y-DON COMMUNITY CENTRE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021

The Trustees are also responsible for: -

keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 2011
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees and signed on their behalf by:

Mr F Bradfield Chairperson

Date:

CRAIG-Y-DON COMMUNITY CENTRE

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31ST MARCH 2021

I report on the accounts of the Craig-y-Don Community Centre, for the year ended 31st March 2021 which are set out on pages 4 to 7.

It is my responsibility to examine the accounts under the provisions of the Charities Act 2011 and to follow the procedures laid down in the General Directions as provided by the Charity Commissioners.

In my opinion these financial statements give a true and fair view of the state of affairs of the Charity and have been properly prepared in accordance with the Charities Act 2011.

J Pratt & Co Ltd Chartered Certified Accountants Basford House 29 Augusta Street LLANDUDNO LL30 2AE

20th July 2021

CRAIG-Y-DON COMMUNITY CENTRE

STATEMENT OF FINANCIAL ACTIVITIES

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2021

				2021		2020
			Restricted	Unrestricted	Total	Total
		Notes	Funds	Funds	Funds	Funds
			£	£	£	£
Receipts
Donations and grants		2	-	87352	87352	1450
Incoming resources from operating activities
(i) activities in furtherance of the objects		3a	-	7958	7958	65806
(ii) activities for generating funds		3b	-	-	-	1443
(iii) interest received			-	-	-	15
			------------	------------	------------	------------
	Total receipts		-	95310	95310	68714
			------------	------------	------------	------------
Payments
Charitable		4	-	58604	58604	73282
			------------	------------	------------	------------
	Total payments		-	58604	58604	73282
			------------	------------	------------	------------
Net (payments)/receipts for the year			-	36706	36706	(4568)
Total net assets at 31st March 2020			-	30340	30340	34908
			------------	------------	------------	------------
Total net assets at 31st March 2021			-	67046	67046	30340
			------------	------------	------------	------------

CRAIG-Y-DON COMMUNITY CENTRE

STATEMENT OF FINANCIAL ACTIVITIES

GENERAL FUND

FOR THE YEAR ENDED 31ST MARCH 2021

General Fund

General Fund
			2021		2020
		Restricted	Unrestricted	Total	Total
	Notes	Funds	Funds	Funds	Funds
		£	£	£	£
Monetary assets
Bank deposit accounts		-	64972	64972	30545
Cash accounts		-	55	55	55
		----------	----------	----------	----------
		-	65027	65027	30600
		----------	----------	----------	----------
Current assets
Furlough debtors		-	2184	2184	-
		----------	----------	----------	----------
		-	2184	2184	-
		----------	----------	----------	----------
Liabilities
Creditors		-	(165)	(165)	(260)
		----------	----------	----------	----------
Total Net Assets		-	67046	67046	30340
		----------	----------	----------	----------

The financial statements have been prepared under Section 42 (3) of the Charities Act 2011 following the guidance for accounting for small charities issued by the Charity Commissioners.

Approved by the Trustees and signed on their behalf by:

Mr F Bradfield Mrs S Adams Chairperson Treasurer

Date:

CRAIG-Y-DON COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

1. Accounting Policies

Basis of accounting

The accounts are prepared on the receipts and payments basis in accordance with the Charities Act 2011 and applicable accounting standards and the Statement of Recommended Practice 2005

Cost Allocation

Costs are apportioned between various expenditure headings as necessary and in accordance with the best estimates of the Trustees.

2. Donations and Grants

			Restricted	2021		2020
		Notes	Funds	Unrestricted	Total	Total
				Funds	Funds	Funds
			£	£	£	£
	CJRS (Furlough)		-	25512	25512	-
	CCBC Covid Grants		-	55000	55000	-
	Welsh Government Covid Grant		-	3000	3000	-
	CCBC Grant		-	3340	3340	-
	Llandudno Town Council		-	500	500	450
	Gwynt-y-Mor		-	-	-	1000
			----------	----------	----------	----------
			-	87352	87352	1450
			----------	----------	----------	----------
3.	Incoming Resources From Operating Activities Of The			Charity
				2021		2020
			Restricted	Unrestricted	Total	Total
		Notes	Funds	Funds	Funds	Funds
			£	£	£	£
(a) Activities in furtherance of the objects:
Hiring	fees		-	5432	5432	64621
Solar panels			-	1077	1077	1185
Sundries			-	1449	1449	-
			----------	----------	----------	----------
			-	7958	7958	65806
			----------	----------	----------	----------
(b) Activities for generating funds:
Social events			-	-	-	1443
			----------	----------	----------	----------
			-	-	-	1443
			----------	----------	----------	----------

CRAIG-Y-DON COMMUNITY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021

4. Charitable Expenditure

		2021		2020
	Restricted	Unrestricted	Total	Total
	Funds	Funds	Funds	Funds
	£	£	£	£
(a) Activity costs:
Caretakers wages, pension contributions and travel	-	42366	42366	49058
expenses, Honorariums & Treasurer’s expenses
Repairs & maintenance	-	5055	5055	3917
Capital equipment	-	-	-	1330
Cleaning materials	-	426	426	867
Tennis room hire	-	127	127	4420
Sundries	-	384	384	440
Licences	-	564	564	1564
(b) Administration costs:
Utility fees to Craig Y Don Sports	-	8120	8120	9834
Stationery & printing	-	446	446	960
Legal, accounts and payroll expenses	-	1116	1116	892
	----------	----------	----------	----------
	-	58604	58604	73282
	----------	----------	----------	----------