Charlty Regi8lJ*lon No. 106Hg) DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION UNAUDITED FINANCIAL STATEMENTS 30 SEPTEMBER 2020 DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Tru8ts08: n Jennrys Peler MitcMI c￿*tt• Gouldir¥J Joseph Go￿d1￿j Mathvw Barrispn Regl•ter•d office: 235B FiThth Lane Knth Ash L14 4AE. Ch)flty numb•r. 1CW Independent Ex•mlner. Robert8 FCCA Rol*￿, Ew Co Ltd 13 Clknlon Place L12 7HB DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION CONTENTS Report Ind¢pen¢J9nt examln8¢s rei ststem¢nt offIn￿Ck￿ actNrfies sheet Nckn8 10 th& fina￿ statoff￿ts 6-1 DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2020 Ttr* trustees ofthe Charlty wesent the* ret#Jt aThJ finantsal ststemerts for Ihe year en￿1 xi Sèpthber 2￿20. The financial statements havè teen prepared In acc(th￿ with the 8CCOttntlrvJ poHd¢8 sat out In note 1 to the finanelal Statements and compty wth the Charilies ArA 2011 and "A￿O￿n11n9 and Rewiling ty Chanb'es. Statement of Reeommended Pr8Cti¢X 8M)Iic8trAe to ehaiiti.es wep8n.ng thwr w)urtts in with th¢ Fina￿al ReFX)rts'n9 Standard applIca￿e in the UK and Republic of IrdaThJ IFRS 1(Y21 leffecti¥e 1 January 20191.. ObJe¢iiv•8 and acOvlO•• The's objects are to act a8 8 communty hub that is uniq• eryJiFffj>ed by having strcry rd4tionships and bonds with thg community. A of reSoU￿S partner orgarw5abons in Ihe lcd area 811¢xs for a rap'd 8nd flèxSble ￿spOnSe to tha Immedlate needs olthe ￿mMUnty. Partnèr organisaiions alkn¥ ourdients to be referred totsm fofwell-being SUPF#Jl an(J other povety services SLth as housirrfJ. tharity works to make these Iran¥tions and exchange of $8r¥ices seamless, making It as easy as posgble for the rxjmmur￿ty to access wh8l tt*y ne&J when ih8y nged it. Given our c106e work with familie8 in wverly. we ar& able to identtfy how Ihe Covhd-19 patvjemic has 8ffed¢d them by being in regular contact vthh them. Durir*d the Co¥6d.19 pandemic we repurwsed ouf fcd dub 8ervic* into an erner9erKy food hub, delivering healthy and frssh t<#J parcals to farn1￿8 in 8eif i$￿•ti￿ auoss CDvKot aThJ Kn¢m A8h. IDJ$l¢6s hgve kwd due regwd to guida￿¥ tty the Chmi Conrrisslon kn d￿adIr￿ 8LOv￿'es the Charfty shwld underlake. A¢hl•v•m•nts and p•rft)rnianc• Flnan¢l•l r•¥lThf It is the poly olthe Charity thal unffjstrfd￿funds￿thIth have not be•n de￿nated fora ydfic w should b& mglntslned al a level eqvivalenl to t*lw•en three and six mnth's exp¢ndrtum. The ChBrity ¢onBk1ers that re6¢N￿ at thls level wlll •nsure that. In th8 evenl of a wgrNfiwrt drop in frjnthng. t￿Y will be abb8 lo conilnue Ihe Charity's CLwrent activibes whll& con8ider81ion is giv¢n to ways in whith ad¢tib'on81 luThJ$ mgy be fais&J. Iwl of reserves h8$ b88n molntsined throughout the y?ar. The Charity ha8 8$#•ssed the mgy dgk8 tovhKh the h •XFOt•d. WKI wa 8ats.8￿1 that 8y8t•rrffj are in Fda¢e to rrmllgate oxposure lo the m*r risks. Structyre. govèmaneè and management The Charity is a regis¢ered iwrw)ratiM ch*lty. The trustees seNed thJriTrJ Ihe year ar*J up ￿ the date of ￿91￿l￿e ofihts Statements w•r•.' John Jennings Peter Milchell Colette GoulditVJ Josèph Gouldlng Matthew Barrigan The trustees meet regularty and we resp*sth fty Ihe thtegfic dir&Jicm *bJ Oi¢y oflhe Charity. Staff also attend rneetiThJ3 but have no voting dghts. A scheme 0fde￿gats￿ is in and day to day respjnsbilty for the provision of services ￿st wrth the Iwstee8. $18ff •)d vc4unteers. The￿ is shared resp)ngbilty for ensuring that the tharty ddNers Servi￿ 8peofied, the key Ferfomwnce iThJicatCrf3 ￿e mtrt 8rK1 thot the staff rA)ntinue to (16V8lop their skills workirvJ Practicm in line wth DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEAIBER 2020 The report was approved by the 808rd of TnL%tees and on ifs beh*[ ty Colette (kjulding Dated.. tr OctcOer 2021 DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION I report tr) the twstees on my examination ol Ihe financial slaterrwts of DO¥￿0t and Piinc*ss Diive cr￿munity Ass(oabon (the Charity) for ts yw ¢Th1ed 30 Sepiember2020. RÈspon8lbll1tl￿ and basls of r8port As the trustees olthe Charity you are reskhyfk%iL4e kn th8 preparakni cl ts ffinancial ￿t￿M￿ts in acLxJrdance with the requirements of the cha￿"e$ Aca 2011 (the 2011 Adl. I rewrt in r8s(*rA of my examlnalkn of the Charivs slalem8nts caThi&J out under s*dion 145 ol the 2011 Act In Carrying out my exarninab￿ I hove Id10￿￿ all the •ppLtat48 direckns by the Charity Cornmls8ion uThJer section 14515llbl of 2011 Act. IndeperKlènt *xamlnerfJ ststement Your attention 13 drawn to the fact that the Charity ha8 wepar&J finawl *8￿m￿ts In 8txwdance wrfh Accwnllng and Reporting by Charitie5 kYeparlrvJ their accounts in accordance wth th$ Flnancial Reportlng standard applscable in the UK aFKI Republ￿ of Ireland {FRS 1021 in wef￿ce to the AccountiThJ and Rèporting by Charities. Ststement of Recommended PradK¥ 1s8￿1 cffl 1 ￿11 X*)5 wthich is rel8trsd lo In the extant regulations but h¥$ nth¥ t*en V4iknJra4hT. l understsnd thal this has bwi (bne In wderforfin8ncial statemenls lo prtylde a true 8ndIJr￿￿ln acLLJrd8nce vAth Gener8llyA¢¢8ptedAccountkn9 Prxit•eff￿ef0rrep￿￿lvJ FértL*Js teglnning M or after 1 January 2015. I have cOMpl&t￿ my exarr4n8tion. I conffimi that M mattws ha¥e ¢>JM lo my attenuon in c4)M6don wlth the èxamlnatlcm) 9￿[n0 me caLtse io bdievè Ih8t kn any malerial resF*d'. accountirrfJ re¢ofds ￿re not kept In r08p&# ofts as rwuired by 130 oftré 2011 Act,. or Ihg financial 8latements do r*t wrth thLJse reo)r¢$: Ihe fin4rt181 statements do not ¢))mpty wth the applicab￿ fequ1￿MerrtS ctJnc*mlng the fcTh and m)tent of accounls Bel oth In thè CharllO6s IAmJnts ar¥J Rep￿ts) Regul811￿5 2tl)8 other th8n aty requirement Ihal the ac£ounts give a trut tsfir ¥*w ntst a matt•r ¢￿￿dered as p¥t of an independent exarnin*ion. I have no con¢ems and h•ve come across noothef m8tt¥f8 InccffineL*on ￿lIh Ihe exan￿natioN1¢ vthich attentic 8hould bo dr￿￿ inlhrs report in orderto¢nablèa proper undwstanding oflhefinarri8J statgments to be re8th0a. Mark Rotrerts FCCA Roberls, Emry 8nd Co Lld 13 Clinlon Pla Liverpool L12 7H8. DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2020 Unrestrkted fvnds 2020 Donations and legaaes Ex endlture on: Charitable aclNibes 63,723 Net I￿￿￿e forthe yearf Nèt movement in funds Fund balances 8t 1 October 2019 51,695 Fund balances at 30 September 2020 51,695 DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 30 SEPTEMBER 2020 2020 T￿bIble assets 175 Currnnt assets Cash al b￿k and in hgThJ 51, 51,980 Cfedltor•: anwurrt¥ tslllry ￿thIn onè yèar Nel current 858ets Total a•8•t¥ l•M ¢urYwrt Ik•lllltl•• Ineom• fund8 Unresln'cted lund8 51.695 The Irusttts ad¢ntr*l8doe fvlr resFTh and expendittjre for ••d) finandal year In ac£ofdance wilh the aCco￿tIng requirtft￿ts and melhc¢Js and ￿.ncAp￿S oflhe Slalement of RecommeThJed Pradlce.. Att￿ntIng * Rwrlng by Chanlles Im18￿ 2CQ51. The finan¢6al stat•m8nts warn appr[N￿ by thg boorf ¥nd 6Igned on It's behaKby Colatt• Gouk11ng 2w# October 2021 DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 A¢C￿ntIng Wlel•• Char6ty Inforniatlon Dovec4)t arKI Piin¢ess Comwnty A$S(x)ab"￿ is a registue￿ inwrF#)raled ¢*arty. 1.1 A¢¢ountlng can￿nI10n The finanaal sialernents have been prop¥•J in 4￿nce ¥rith ihe ClwV$ goveming th)DJment. th Charities A(X 2011 "Ace￿nb"n9 and Reporting ty Chant*s.' Stat8ment of Reccffnm￿d9d Piacti¢g applicable lo charib.es preparing their arX￿j￿tS in ￿L￿danC*+ wrth the Fin8roal R8pJrb'n9 Standard applicatde in the UK and Rewblic of Irel￿ IFRS 102) leffe(kn 1 20191.. a Publ￿ Ben&fft Enlty gs defined by FRS 102. The finana818tstements have departed from the Chawrbes IA¢rJ)tJnts and Rep￿ts) RgJul8tions 2CKJ8 only to tho èxtant r8quir8d to prowd8 a tnje and falr viw. Thi$ dèparture has involved fdlgwing the Statement ol RecommeThJed Pract￿£ for charities applying FRS 102 rather than the verslon of the Statement of RewmmerKle)venant * rKts>)isod at the ofttE dwatity). Legacies are reccgnised on re(eipt or0t￿M$e has been nthfied ofan impendingdistribution, thè amount 18 known, and rec•ipt is exréded. Ifthe *nounl is Th)t kr*MI. the legw Irtrated as a conlir¥Jent asset. DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 Accountlry pollcl•* 1.5 Tangl￿¢ fix￿ *￿ts Tangible fixed assets are iixlialty al cosl yjbsequenty measurgj at cost or valuaticffl, r￿t of dapreaatic￿ 4ThJ 8ny Imp8ifrwI l¢xses. D&pwation 1$ reoyjniwl so ès to writo off ts)st or ¥8luatiM ofassets r¥sldual values over the¢r useful INes on the fc4km.ng baw.. ComwteTS 20% str•WIt Iln• The gain ￿ Ios6 arising on the th'sFLwI ol an asset is d8tmin8d as th8 drfrWe￿ between the Bale procwts the ¢arryiTrJ value Olthe 858et, is TwniBed in net irwmel(expenthlurel year. 1.6 ImpAlrni•nt of fixgd At each reFOr￿'n9 end date. the revN*v8 the carying arnounts of its tsrvwble as8918 lo d¢tèm*n8 whèthèr thar• Is any indkallon that ihw assets havè suffered *) Impamwnt loss. If any suth indication exlsts. the rec¢ver8blg amount olthe a88et is estimated in udef to detennine ihts •xt•nl of the imp8kn18nl ths {ff any). 1.7 C••h and eash •qulv•l•nts C#sh and ca$h eqw¥alent¥ Ind￿￿? in l•rKI, dwits held at ¢all wlth banks, other slM>rt-temi Ilquld Inv08tments ￿th orfglnal matunll&s of thw month8 ry 1888. and bank oMrdraft8. Bank overdraft8 ar8 8htrwn t￿rr￿￿Ing$ in cu￿ent Iwbilil*8. 1.8 Fln•n¢lo1 IMtrum•nt• The ha8 elected to apFly the [￿0￿8￿)￿$ of SKthn 11 'Ba8k Flnand&l Ir*tnments' Sec*on 12 '0th Fk)ancial Inslrum•nts155ues' of FRS 10210 all ot ts finarKig1 instrumtnt$. Fina￿181 inslrurwts are rec(gr*8ed in th8 's ba￿￿8 sheet th8 1)ecms Party to ￿ wtractual prov18￿4 ofth• In$lnrnnt FIna￿l81 assets and li*JIlit￿ s￿ offgot. vthh th¢ net •I)￿nIS presenled in the finanaal slatements, thefe Is ? legally W￿￿Ce0t￿e right to set off the recc4JnW amounts fvre Is ￿ Intenllw lo sewe w a not basls or to reallse the 4$8¢t •ThJ s•tlkn th• li8t4hty $m[ts￿￿8￿. Basle Iln•nel•l •ss•¢s Basic flnarKi81 assèts. vh)ith indudo debm •Kf •rKI b•nk bala￿$, arè initialty mea%J￿d at transactlon pnce induding transacb'on ￿$ts and a￿ subsequenty at anKJrlised cost using the effecaive interest metts)d unless the arrang0m￿l consblui85 a financiThJ trar￿￿￿, wh*re thè tran5acbon is measured at the pre¥ent value of the fvture recwms ￿￿OUnted at a m¥ket rnte of interes(. Financial assets da￿fied a re￿1¥a￿e ￿thin one y¢ar or• I￿1 •wrbJrfi8ed. DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 AccoLrntlng pollel Baslc financial liabilitios Basic finanoal liabilit￿, inc*JdirrfJ twk Ir￿S are inTti81ty rwThs&J at trans￿On price unk8ss the arrangement constibjles a finanang tr3nsath"on. ￿re thtr d8bt Instrument is measured at pres8nt value of the ILrture payments disco￿ at a market rate of interest. Financial liabilit*s dassified as payabl& within one year are not arThyb'sed. Debt instruments are sutwKnUy ¢athed at affKJrtised ¢xAt, Ihe eff￿liVe Int￿$t rate n￿ttI)d. Trad• cr&JitCrfs are 0￿￿JatiOn$ to pay or sery1￿ tr)at been ￿U￿red In the ordinary ￿￿r8e of operatNJns from suppliérs. Amtyjnts paYa￿e a￿ da&*1￿ as currenl liabilities il payffwl is duewithin one year or less. If nol, Ihey are presented as ￿n￿￿[refit ILats"libes. Trade cre(1rtors are recy)gni8ed Inrtlally at transaction price aThJ subeeqwty m•a8ured at c¥st uslrvj the effecvve Internst method. D•rn¢ognlllon of >lNncl•l Il•lkllld F1nan¢l8116g￿b￿e8 are derw￿$8￿ whon tr￿,1 c￿194￿8 exF4re LY are di8charged or can￿11*￿. 1.9 Employ•• ￿bI•ll￿ The cost of any unus•d hc4klay enblenth is rwisad in the WiC#J In *thiL* thts onWoyee'8 881￿CeS 8r• received. Termin8lion baneffts are recognieed immediately 88 an expense when the IB dwbxstrabty commltt•d lo t•m)Inate the omthm*)i ol an amploye8 or ￿ provid• twm1nat￿n ￿￿fits. cr1￿clI ￿¢￿ntIng ••dmat•8 aThl In theapplication 0fthe.88￿rfng F￿, the are￿u6radto makejudBeff*nts. 8￿mateS 8ThJ assumptio about the carying smC￿nt of assets aThY IKqbiliti¢s that ar8 not readily apparent from other sourcEs. The tsumatas and associated assumptions9￿ based on historic81 expert￿Ce and othwf8¢tors Ihat arecoft*dgred to t* relevant. Adu* r•suns may dfferfrcffl tha86 •8timat•s. The estlmattrs and und8rfylng gssumfvs are on an ongoirrfJ basés. R￿sK)n6 lo 8ccountlng esbmatos are recognised in the peric*a in wNch the estimate 18 revised Whe￿ the rewslon affects only that period, or In the period of the revisity) 8NJ futwe perk)ds where ￿vISion affects tfjlh current fvlure per￿d8. Dona￿0￿ and legaci 2020 Gr8nts 63,n3 DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 Charitabl• Expendlturg Heading 1 2020 Staff costs Depreciation aNI imwmw Cost of goods Rent Heat and light Cleaning Consultsncy Sub8¢nptions 8onk tharges 771 12,028 2020 Numl>•r Tot81 Empl¢)ym•nt eo•ts 2020 Wage8 and 8alarie8 DOVECOT AND PRINCESS DRIVE COMMUNITY ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 Tanglble Ilxed M•ets ¢omput•rn Additlon8 219 At 30 September 2020 219 Dep￿l•tIon and Impalrnwnt Depreciation charged in Ihe year AI 30 September 2020 Carylng amount At 30 S¥plember 203) 175 Cr•dStorn: amount• l•lllTrJ du• T*lthln y￿r 2020 oth•rtsxgllon gnd 8od* S￿lty Relat•d porty ￿n￿¢tIona There were no tthsdosabltr olaled p•ty durwwJ ￿ ￿r. 2020 Surplus for the year 51,695 Adjustments for.. Deprwation And iriylrnwrt of tarwible fixed 888¢1• Movements in wothing cawta". Incxease in rxedrt(Ms 52,19a 10-