## **WEST BILLERICAY COMMUNITY ASSOCIATION LTD**
## **Charity No. 1055830**
**Company No. 03039228**
**Trustees' Report and Unaudited Accounts**
**31 March 2021**
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report||1|
|Independent Examiner's Report||2|
|Statement of Financial Activities||3|
|Summary Income and Expenditure Account||4|
|Balance Sheet||5|
|Statement of Cash flows||6|
|Notes to the Accounts||7|
|Detailed Statement of Financial Activities||8|
Page 1
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Trustees Annual Report**
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2021.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Company No. 03039228**
## **Charity No. 1055830**
## **Principal Office**
Address Line 5
## **Registered Office**
Rosebay Avenue Queens Park Billericay Essex CM12 0SY
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
D. Haigh D.L. Morgan M. Nye C.K.S. Webb
## **Key Management Personnel**
KMP Name 1 KMP 2 KMP Name 2 KMP 3 KMP Name 3 KMP 4 KMP Name 4 KMP 5 KMP Name 5
## **Accountants**
Douglas Charlton Accountants 127 Stock Road
Billericay Essex CM12 0RP
## **Bankers**
Address Line 5
Page 2
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Trustees Annual Report**
## **Solicitors**
Address Line 5
## **Investment Advisors**
Address Line 5
## **OBJECTIVES AND ACTIVITIES**
The Company is a charity and exists to advance the education, and to provide facilities for, social, recreational and leisure time activities as defined in the Memorandum and Articles.
Sports include football (senior and junior), cricket, netball, badminton, table tennis and short mat bowls, The 3G STP (astroturf) is used extensively for football training and matches. An active dance school is based at the premises.
The various halls and rooms are hired out for events and parties on a regular basis.
## **ACHIEVEMENTS AND PERFORMANCE**
A large charity must review its charitable activities undertaken, explaining performance achieved against objectives set ...
A large charity must include an explanation when material fundraising activities are undertaken, details of the performance achieved against fundraising objectives set ...
A large charity must provide an explanation when material investments are held, details of investment performance achieved against objectives set ...
A large charity must provide an explanation of any material expenditure occurred to raise income in the future...
A large charity must provide commentary on those significant positive and negative factors within and outside the charity's control which are relevant to the achievement of its objectives ...
## **FINANCIAL REVIEW**
The activity for the year showed a surplus of £ 2,602. A provision of £ 82,206 has been carried forward in the balance sheet to meet anticipated expenditure.
## **PLANS FOR FUTURE PERIODS**
WBCA has a programme of improvement projects which are carried out as funds become available through yearly surpluses if achieved.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Trustees constantly review any risks to the Community Centre at their monthly meetings. Specific areas include:
To maintain a conservative expenditure policy that holds sufficient cover to meet reasonable emergency requirements.
To have mechanical and electrical contracts in place to ensure proper maintenance of plant, equipment and allied fittings.
To ensure that we have proper insurance in place including Public and Employer's Liability To ensure that the terms and conditions of the lease with Basildon Borough Council are complied with. To give sufficient training to all staff to enable them to carry out their duties in a polite and efficient manner.
Page 3
## **WEST BILLERICAY COMMUNITY ASSOCIATION LTD Trustees Annual Report**
The Trustees are responsible for keeping proper accounting records that 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 Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
That the trustees are responsible for the maintenance and integrity of information included on the company's website .
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
M. Nye Trustee
30 November 2021
Page 4
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Independent Examiners Report**
## **Independent Examiner's Report to the trustees of WEST BILLERICAY COMMUNITY ASSOCIATION LTD**
I report to the charity trustees on my examination of the accounts of WEST BILLERICAY COMMUNITY ASSOCIATION LTD for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
As the trustees of the charity (and also 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 your charity's accounts as 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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with section 386 of the 2006 Act ; or
- the accounts do not accord with those records; or
- the accounts do not comply with the accounting requirements under 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
- the accounts have not been prepared in accordance with the Charities SORP (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.
M Douglas AFA Douglas Charlton Accountants 127 Stock Road Billericay Essex
CM12 0RP 30 November 2021
Page 5
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Notes**
**Income and endowments**
**from:**
Charitable activities
4
Investments
5
Other
6
**Total**
**Expenditure on:**
Charitable activities
7
Other
8
**Total**
Net gains on investments
**Net income/(expenditure)**
9
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
60,788
350
71,388|**Total funds**
**2021**
**£**
60,788
350
71,388|**Total funds**
**2020**
**£**
210,285
459
4,875|
|---|---|---|---|
||132,526
122,522
1,888|132,526
122,522
1,888|215,619
213,744
2,456|
||124,410
-|124,410
-|216,200
-|
||8,116
-|8,116
-|(581)
-|
||8,116|8,116|(581)|
||8,116
116,435|8,116
116,435|(581)
117,016|
||124,551|124,551|116,435|
Page 6
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Summary Income and Expenditure Account**
## **for the year ended 31 March 2021**
|Income
Interest and investment income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income/(expenditure) before tax
for the year
**Net income /(expenditure )for the year**|**2021**
**£**
132,176
350
132,526
122,522
1,888
124,410
8,116
8,116|**2020**
**£**
215,160
459|
|---|---|---|
|||215,619|
|||213,744
2,456|
|||216,200|
|||(581)|
|||(581)|
Page 7
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Balance Sheet**
## **at 31 March 2021**
|**Company No.**
**03039228**
**Notes**
**2021**
**£**
**Fixed assets**
Tangible assets
11
5,482
Investments
12
2
5,484
**Current assets**
Debtors
13
63,229
Cash at bank and in hand
135,405
198,634
**Creditors:**Amount falling due within one year
14
2,639
**Net current assets**
201,273
**Total assets less current liabilities**
206,757
**Provisions for liabilities**
15
(82,206)
**Net assets excluding pension asset or liability**
124,551
**Total net assets**
124,551
**The funds of the charity**
**Restricted funds**
16
**Unrestricted funds**
16
General funds
124,551
124,551
**Reserves**
16
**Total funds**
124,551|**2020**
**£**
7,370
2|
|---|---|
||7,372
59,949
139,293|
||199,242
(7,973)|
||191,269
198,641
(82,206)|
||116,435|
||116,435|
||116,435|
||116,435|
||116,435|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 30 November 2021
And signed on its behalf by:
M. Nye Trustee
30 November 2021
Page 8
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Statement of Cash flows**
**for the year ended 31 March 2021**
|**Cash flows from operating activities**
**Net income/(expenditure) per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
(Increase)/Decrease in trade and other receivables
(Decrease)/Increase in trade and other payables
**Net cash (used in)/provided by operating activities**
**Cash flows from investing activities**
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2021**
**£**
8,116
1,888
(71,738)
(3,280)
(10,612)
(75,626)
71,738
71,738
-
(3,888)
139,293
135,405
135,405
135,405|**2020**
**£**
(581)
2,456
(5,334)
9,983
3,077|
|---|---|---|
|||9,601
5,334|
|||5,334|
||||
|||-|
||||
|||14,935|
|||124,358|
|||139,293|
||||
|||139,293|
||||
|||139,293|
Page 9
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Notes to the Accounts**
## **for the year ended 31 March 2021**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 10
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
|useful life:||
|---|---|
|Plant and machinery|25% reducing balance|
|Fixtures, fittings and
equipment|25% reducing balance|
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 11
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 12
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Notes to the Accounts**
## 2 **Company status**
The company is a private company limited by guarantee and consequently does not have share capital.
## 3 **Statement of Financial Activities - prior year**
|3
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Charitable activities
Investments
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from charitable activities**
Membership subscriptions
Indoor facilities
Outdoor facilities
5
**Income from investments**
Bank interest received|**Unrestricted**
**£**
117
13,419
47,252
60,788
**Unrestricted**
**£**
350
350|**Unrestricted**
**funds**
**2020**
**£**
210,285
459
4,875
215,619
213,744
2,456
216,200
(581)
(581)
(581)
117,016
116,435
**Total**
**2021**
**£**
117
13,419
47,252
60,788
**Total**
**2021**
**£**
350
350|**Total funds**
**2020**
**£**
210,285
459
4,875|
||||215,619
213,744
2,456|
||||216,200|
||||(581)|
||||(581)|
||||(581)
117,016|
||||116,435|
||||**Total**
**2020**
**£**
1,695
84,283
124,307|
||||210,285|
||||**Total**
**2020**
**£**
459|
||||459|
Page 13
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD**
## **Notes to the Accounts**
## 6 **Other income**
|Rental income
Grant income (COVID 19)
Other grant income
7
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
Membership subscriptions
Indoor facilities
_Governance costs_
Accountancy and legal &
professional
8
**Other expenditure**
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
9
**Net income/(expenditure) before transfers**
This is stated after charging:
Depreciation of owned fixed assets
10 **Staff costs**
No employee received emoluments in excess of £60,000.|**Unrestricted**
**£**
-
68,245
3,143
71,388|**Total**
**2021**
**£**
-
68,245
3,143
71,388|**Total**
**2020**
**£**
4,875
-
-|
|---|---|---|---|
||||4,875|
|||||
||**Unrestricted**
**£**
122,125
(1,454)
1,851
122,522
**Unrestricted**
**£**
1,888
1,888
**2021**
**£**
1,888|**Total**
**2021**
**£**
122,125
(1,454)
1,851
122,522
**Total**
**2021**
**£**
1,888
1,888|**Total**
**2020**
**£**
211,567
-
2,177|
||||213,744|
||||**Total**
**2020**
**£**
2,456|
||||2,456|
||||**2020**
**£**
2,456|
Page 14
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD**
## **Notes to the Accounts**
## 11 **Tangible fixed assets**
|**Plant and**
**machinery**
**£**
**Cost or revaluation**
At 1 April 2020
25,680
At 31 March 2021
25,680
**Depreciation and**
**impairment**
At 1 April 2020
19,586
Depreciation charge for the
year
1,569
At 31 March 2021
21,155
**Net book values**
At 31 March 2021
4,525
At 31 March 2020
6,094
12 **Investments**
**Cost or revaluation**
At 1 April 2020
At 31 March 2021
**Net book values**
At 31 March 2021
At 31 March 2020
**Investment in Subsidiaries**
The company has the following subsidiary undertakings:
**Name of company**
**Country of**
**incorporation**
**(if not UK)**
**Class of**
**shares held**
West Billericay Community
Services Limited
Ordinary
13 **Debtors**
Trade debtors
Other debtors
Prepayments and accrued income|**Fixtures,**
**fittings and**
**equipment**
**£**
-
-
-
-
-
-
-
**% age of**
**shares held**
**%**
100
**2021**
**£**
4,691
54,612
3,926
63,229|**£**
59,402
59,402
58,126
319
58,445
957
1,276
**Investment**
**in**
**Subsidiaries**
**£**
2
2
2
2
**Capital and**
**reserves at**
**end of the**
**relevant**
**year**
**£**
(38,929)|**Total**
**£**
85,082|
|---|---|---|---|
||||85,082|
||||77,712
1,888|
||||79,600|
||||5,482|
||||7,370|
||||**Total**
**£**
2|
||||2|
||||2|
||||2|
||||**Profit/(loss**
**) for the**
**relevant**
**year**
**£**
(1,530)
**2020**
**£**
8,733
46,998
4,218|
||||59,949|
Page 15
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Notes to the Accounts**
## 14 **Creditors:**
|14 **Creditors:**|||||
|---|---|---|---|---|
|amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred income||**2021**
**£**
859
353
3,405
(7,256)
(2,639)||**2020**
**£**
7,696
(1,367)
2,489
(845)|
|||||7,973|
||||||
|15 **Provisions**
At 1 April 2020
At 31 March 2021
16 **Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Revaluation Reserves:**
**Total funds**
17 **Analysis of net assets between funds**
Fixed assets
Investments
Net current assets
Creditors due in more than one year and
provisions|**At 1 April**
**2020**
116,435
116,435|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
132,526
132,526|**Other**
**provisions**
**£**
82,206
82,206
**Resources**
**expended**
**£**
(124,410)
(124,410)
**Unrestricted**
**funds**
**£**
5,482
2
201,273
(82,206)
124,551|**Total**
**£**
82,206|
|||||82,206|
|||||**At 31**
**March**
**2021**
**£**
124,551|
|||||124,551|
|||||**Total**
**£**
5,482
2
201,273
(82,206)|
|||||124,551|
Page 16
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Notes to the Accounts**
## 18 **Reconciliation of net debt**
|18 **Reconciliation of net debt**||||
|---|---|---|---|
|Cash and cash equivalents
Net debt|**At 1 April**
**2020**
**£**|**Cash flows**
**£**|**At 31**
**March**
**2021**
**£**|
||139,293|(3,888)|135,405|
||139,293
139,293|(3,888)
(3,888)|135,405|
||||135,405|
|||||
|19 **Related party disclosures**
**_Transactions with related parties_**
_Name of related party_
West Billericay Community Services Ltd
_Description of relationship_
_between the parties_
The company is a subsidiary
_Amount due from/(to) the related party_
**_Controlling party_**||**2021**
**£**
-|**2020**
**£**|
||||46,998|
|||||
Page 17
**WEST BILLERICAY COMMUNITY ASSOCIATION LTD Detailed Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Income and endowments from:**
Charitable activities
Membership subscriptions
Indoor facilities
Outdoor facilities
Investments
Bank interest received
Other
Rental income
Grant income (COVID 19)
Other grant income
**Total income and endowments**
**Expenditure on:**
Charitable activities
Membership subscriptions
Indoor facilities
Governance costs
Accountancy and legal &
professional
**Total of expenditure on charitable**
**activities**
General administrative costs,
including depreciation and
amortisation
Depreciation of Plant and
machinery
Depreciation of Fixtures, fittings
and equipment
Depreciation of
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments|**Unrestricted**
**funds**
**2021**
**£**
117
13,419
47,252
60,788
350
350
-
68,245
3,143
71,388
132,526
122,125
(1,454)
120,671
1,851
1,851
122,522
1,569
-
319
1,888
1,888
124,410
-|**Total funds**
**2021**
**£**
117
13,419
47,252
60,788
350
350
-
68,245
3,143
71,388
132,526
122,125
(1,454)
120,671
1,851
1,851
122,522
1,569
-
319
1,888
1,888
124,410
-|**Total funds**
**2020**
**£**
1,695
84,283
124,307|
|---|---|---|---|
||||210,285|
||||459|
||||459|
||||4,875
-
-|
||||4,875|
||||215,619
211,567
-|
||||211,567|
||||2,177|
||||2,177|
||||213,744
2,031
-
425|
||||2,456|
||||2,456|
||||216,200
-|
Page 18
## **WEST BILLERICAY COMMUNITY ASSOCIATION LTD Detailed Statement of Financial Activities**
|**Net income/(expenditure)**
**Net income/(expenditure) before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|8,116
8,116
-
8,116
116,435
124,551|8,116
8,116
-
8,116
116,435
124,551|(581)|
|---|---|---|---|
||||(581)
-|
||||(581)|
||||117,016|
||||116,435|
Page 19