2020-12-31-accounts - The Lightwater Playing Field Association Limited

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				Page
Report ofthe Trustees			I	to	4
Independent Examiner's Report
Statement ofFinancial	Activities
Balance Sheet			7	to	8
Notes to the Financial	Statements		9	to	15
Detailed Statement of	Financial	Activities		16

			Balance Sheet	Balance Sheet
			31	December 2020
						31.12.20	31.12.19
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes				6
FIXED	ASSETS
Tangible	assets			2,513		2,513	4,485
CURRENT ASSETS
Debtors			9	11,351		11,351	27,482
Cash at	bank and in hand			~7292		~7292	4,146
				18,643		18,643	31,628
CREDITORS
Amounts	falling due within	one year	10	(32,662)		(32,662)	(47,574)
NET CURRENT ASSETS/(LIABILITIES)				(14,019)		~14,019)	~I5 946)
TOTAL	ASSETS LESSCURRENT
LIABILITIES				(11,506)		(11,506)	(11,461)
CREDITORS
Amounts	falling due atter more than one year		11	(545,660)		(545,660)	(545,660)
NET ASSETS/(LIABILITIES)				~557,166)	-	~557 166)	~557,121)
FUNDS Unrestricted funds			13			(557,166)	(557, 12I)
TOTAL	FUNDS					~557,166)	~557,121)

		31.12.20	31.12.19
Staff costs		149,301	200,198
Maintenance offacilities and equipment		38,431	137,651
Insurance		10,097	8,274
Light and heat		29,810	57,995
Administration,	postage and telephone	16,600	10,768
Sundries		407	2,596
Support costs, see below Direct debit and other financial costs		11,463 9416	13,413 ~26 636
		265,525	~457 531

						Governance
						costs
	Charitable	Activities				~ll 463
	Support costs, included			in the above, are as follows:
					31.12.20	31.12.19
					Charitable	Total
					Activities	activities
	Accountancy				7,701	9,489
	Independent		Examination	fees	3,762	~3924
					11,463	~13 413
4.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated atter charging/(crediting):
					31,12.20	31.12.19
					8
	Depreciation		- owned assets		I 972	I 973

STAFF COSTS
								31.12.20	31.12.19
Wages and salaries								147,712	194,889
Social security costs								1,589	5,309
								149,301	~200 198
The average monthly	number of	employees		during the year		was as follows:
								31.12.20	31.12.19
Operation ofsports, leisure activities								21	21
No employees received emoluments			in excess of860,000.
The key management	personnel	of	the charity		comprise	the trustees	and	the accounts manager.	The total
employee benefits ofthe key management				personnel ofthe		Trust were:		31.12.20	31.12.19
								f.	f,
Wages and salaries								7 863	9489

	Notes to the Financial Statements - continued For The Year Fnded 31 December 2020	Notes to the Financial Statements - continued For The Year Fnded 31 December 2020	Notes to the Financial Statements - continued For The Year Fnded 31 December 2020	Notes to the Financial Statements - continued For The Year Fnded 31 December 2020
	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
				f
	INCOME AND ENDOWMENTS		FROM
	Charitable activities
	Charitable Activities			454,911		454,911
	EXPENDITURE ON
	Charitable activities
	Charitable Activities			457,531		457,531
	NET INCOME/(EXPENDITURE)			(2,620)		(2,620)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		(554,501)		(554,501)
	TOTAL FUNDS CARRIED FORWARD			~557, 121)
8.	TANGIBLE FIXED	ASSETS
						Office
						equipment
	COST
	At 1 January 2020 Disposals					8,601 ~710)
	At 31 December 2020					7 891
	DEPRECIATION
	At 1 January 2020 Charge for year Eliminated on disposal					4,116 1,972 ~710)
	At 31 December 2020					5 378
	NET BOOK VALUE
	At 31 December 2020					~2513
	At 31 December 2019					4,485

		31.12.20	31.12.19
Trade debtors		6,705	20,062
Other debtors		2,289	318
Prepayments		2,357	7,102
		11,351	27,482
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
		f,
Trade creditors		18,792	8,818
Social security	and other taxes		2,454
Defen ed income and other creditors		5,945	7,123
Accrued expenses		~7925	29,179
		~32 662	~47 574

CREDITORS: AMOUNTS FALLING DU	E AFTER MORE THAN ONE YEAR
	31.12.20	31.12.19
		f.
Loan	545 660	545,660
	545,660	545 660

interest rate of	3%wo	uld be:
31stDecember	2015	Profit/reserve brought forward				174,084
31stDecember	2016	charge to Statement ofFinancial	Activities	(quasi	interest cost)	11,128
31stDecember	2017	charge to Statement ofFinancial	Activities	(quasi	interest cost)	11,502
31stDecember	2018	charge to Statement ofFinancial	Activities	(quasi	interest cost)	11,821

11.	CREDITORS: AM	CREDITORS: AM	OUNTS FALLING DUE AFT	OUNTS FALLING DUE AFT	OUNTS FALLING DUE AFT	ER MORE	THAN ONE YEA	R - continu	ed
	31stDecember 2020		charge to Statement ofFinancial			Activities	(quasi interest cost)		~12715
	31stDecember 2020		Profit/reserve		carried forward				114,751
12.	LOANS
	An analysis ofthe maturity ofloans is given below:
								31.12.20	31.12.19
								f.	f.
	Amounts falling due		in niore	than	five years:
	Repayable otherwise		than by	instalments;
	Otherloans							545 660	545,660
13.	MOVEMENT IN FUNDS
								Net
								movement	At
							At 1.1.20	in funds	31.12.20
								f.
	Unrestricted	funds
	General fund						(557,121)	(45)	(557,166)
	TOTAL FUNDS						~557 121)	~45)	~557 166)
	Net movement	in funds, included			in the above are as	follows:
							Incoming	Resources	Movement
							resources	expended	in funds
	Unrestricted	funds
	General fund						265,480	(265,525)	(45)
	TOTAL FUNDS						265 480	~265,525)	~45)
	Comparatives	for movement in			funds
								Net
								movement	At
							At 1.1.19	in funds	31.12.19
	Unrestricted	funds
	General fund						(554,501)	(2,620)	(557,121)
	TOTAL FUNDS						~554,501)	~2 620)	(557,12))