2021-03-31-accounts - Shoreham Community Trust Limited

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INDEX		PAGE
Trustees' Report		3-18
Independent Examiners	Report	19-20
Statement ofFinancial	Activities	21
Balance Sheet		22
Notes to the Financial Statements		23-26
Detailed Statement of Financial Activities		27-28


ents			Pa e
1.	Introduction
2.	Purpose ofthe Charity
3.	Main Activities
4.	Public Benefit Statement
S.	Contributions made by	Volunteers
6.	Main Achievements		9 - 10
7.	Action Plan
8.	Fundraising Objectives		12
9.	Reserves Policy		13
10.	Principal Risk		13
11.	Structure, Governance	&Management	14-15
12.	Financial Review		16
13.	Long Term Achievements		16
14.	Related Parties &Trustee Responsibilities		17
15.	Declarations		18
16.	Annual General meeting		18

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
				2021	2020
INCOMING RESOURCES
Donation and legacies		30		30	4,994
Letting and rental		26,680		26,680	152,891
Bar rental					3,219
Cafe		7,242		7,242	75,658
Centre running costs		16,323		16,323	40,291
COVID Grants		39,857		39,857
Furlough Scheme		55,795		55,795
Other trading activities		19		19	11,205
Investment Income					441
TOTAL INCOMING RESOURCES		145,946		145,946	288,699
RESOURCES EXPENDED
Cafe		5,840		5,840	61,503
Centre running costs		189,079	744	189,213	215,814
Management and administration		900		900	900
TOTAL RESOURCES EXPENDED		195,819	744	196,563	278,217
NET INCOME/(EXPENDITURE)	FOR THE YEAR	(49,873)	(744)	(50,617)	10,482
Transfer between funds
MOVEMENT IN TOTAL FUNDS	FORTHE YEAR	(49,873)	P44)	(50,617)	10,482
Tota I fun ds at 1April 2020		250,363	13,942	264,305	253,823
FUNDS AT31MARCH 2021		200,490	13,198	213,688	264,305

		BALANCESHEET	BALANCESHEET
		AS AT	31STMARCH 2021
		Notes	Unrestricted	Restricted	2021	2020
			funds	funds	Total	Total
			E	E	E	E
FIXEDASSETS
Tangible Assets			12,608	8,521	21,179	23,213
CURRENT ASSETS
Cash at Bank and in	Hand		187,914	4,677	192,591	237,063
Debtors			1,042		1,042	1,870
Other Debtors and prepayments						3,266
			188,956	4,677	193,633	242,199
CREDITOIIS: amounts	falling due within one year	7	(1,074)		(1,074)	(1,107)
NET CURRENT ASSETS			187,882	4,677	192,559	241,092
NET ASSETS			200,490	13,198	213,688	264,305
CHARITYFUNDS
Unrestricted funds					200,490	250,363
Restricted funds					13,198	13,942
TOTALFUNDS					213,688	264,305

6. TANGIBLE FIXEDASSETS	Improvements to property	Fixtures and fittings	Computer equipment	Total
		E
COST
At 31stMarch 2020	34,058	67,003	5,517	106,578
Additions		5,598	800	6,398
Disposal
At 31stMarch 2021	34,058	72,601	6,317	112,976
DEPRECIATION
At 31stMarch 2020	21,258	58,612	3,495	83,365
Charge for year	3,406	3,497	1,579	8,482
Disposal
At 31stMarch 2021	24,664	62.109	5,074	91,847
NET BOOK VALUE
At 31stMarch 2021	9i394	10i492	1i243	21p129
At 31stMarch 2020	12,800	8,391	2,022	23,213

		2021	2020
		E	E
INCOME AND ENDOWMENTS
Donations and legacies
Gift Aid Donations		30	4,994
Other trading activities
Fundraising events		19	11,112
Investment income
Deposit account interest
Charitable activities
Lettings and rentals		33,922	231,768
Adur District Council		16,323	40,291
Grant Income			93
Other income
COVID Grants		39,857
Furlough Scheme		55,795
Total incoming resources		145,946	288,699
EXPENDITURE
Charitable activities
Wages		145,012	155,622
Pensions		932	951
Rates and water			2,860
Insurance		1,919	1,891
Light and Heat
Telephone		1,686	1,898
Postage and stationery		94	1,237
Advertising			479
Sundries		18	1,299
Canteen &cafe supplies		4,112	27,049
Cafe machine hire		1,728	1,872
Cleaning &Waste		3,085	10,049
Caretaker's fees			4,182
Repairs and renewals		3,819	12,384
Equipment Hire		1,261	998
Licences		1,991	2,299
Bank &card processing	charges	1,142	2,499
Staff Training		1,297	802
Computer Expenses		1,191	436
Skyway expenses		750	397
Adur District Council Premises Costs		14,835	37,801
Depreciation:
Improvements to property		3,406	3,406
Fixtures and fittings		3,497	2,798
Computer equipment		1,579	1,379