|MILTON COMMUMTY CENTRE AND RECREATION GROUNDS|MILTON COMMUMTY CENTRE AND RECREATION GROUNDS||
|---|---|---|
|FINANCIAL STATEMENTS FOR THK YEARENDED|31MARCH 2021||
|CONTENTS||PAGE|
|Tmstees'
Report and General Information||1-5|
|Independent
Examiners'
Report|||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Statement ofCash Flows|||
|Notes to the Financial
Statements||10-13|
|The following
pages do not form part ofStatutory Financial|Statements||
|Income 4 Expenditure
Account||14- 15|
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|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|Unrestricrted|Funds|
|||||f|f|
|INCOME||||||
|Grant Income||||40,000|35,000|
|IncomePam
Charitable|Activities|||||
|Charitable
activity —rents||received||36,020|94,986|
|Other operating income||||141,007|790|
|investment
income||||834|1,414|
|TOTAL INCOME||||217,861|132,190|
|EXPENDITURE||||||
|Expenditure
on Charitable||Activities||||
|Charitable
activities||||136,865|129,542|
|TOTAL EXPENDITURE||||136,865|129,542|
|NET INCOME AND NET||MOVEMENTS IN FUNDS||80,996|2,648|
|TOTAL FUNDS BROUGHT FORWARD||||181,961|179,313|
|TOTAL FUNDS CARRIED FORWARD||||262 st57|181,961|
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|||2021||2020||
|---|---|---|---|---|---|
||Notes|||||
|FIXED ASSETS|6|0||||
|CURRENT ASSETS||||||
|Debtors and Prepaymeuts|7|4,963||8,959||
|Cash atbank and in hand||271,063||180,854||
|||276,026||389,813,||
|CREDITORS||||||
|Amounts
falling due within one year|8|13,069||7,852||
|NET CURRENT ASSETS
NET ASSETS|||262,957
262,957||181,961
181„961|
|THEFUNDS OFTHE CHARITY||||||
|UNRESTRICTED FUNDS
TOTAL CHAIUTY FUNDS|||262,957
262,957||179,313
179,313|
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|||Notes|2021|2020|
|---|---|---|---|---|
||||Total|Total|
|Net cash used in operating|activities|IQ|89,375|12,282|
|Cash flows f'rota investing|activities:||||
|Interest|||||
|Net cash provided by investing
activities|||834|1,414|
|Change in cash and cash equivalents|||||
|in the reporting
period
Cash and cash equivalents|at the||90,209|13,696|
|beginning ofthe reporting|period||180,854|167,158|
||||271,063|180,854|
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|NOTES TO THK|NOTES TO THK|FINANCIAL STATEMENTS|FINANCIAL STATEMENTS|FINANCIAL STATEMENTS|||||
|---|---|---|---|---|---|---|---|---|
|2)|GRANT INCOME||||||Total|Total|
||||||||2021|2020|
||The following grants|||were received during the year|||||
|3)|Parish Council
INVESTMENT INCOME||||||40,000
Total|35„000
Total|
||||||||2021|2020|
|)a|Interest receivable on cash deposits
ANALYSIS OF CHARITABLE EXPENDITURE THIS YEAR||||||834|1,414|
||UNRESTRICTED||||Charitable||2021||
||||||Activities|Governance|Total||
||||||34,421|0|34,421||
||||||5,333|0|5,333||
||||||5,311|792|6,103||
||||||46|0|46||
||||||597|0|597||
||||||1,013|0|1,013||
||||||5,375|0|5,375||
||Licences and||permits||220|0|220||
||Utilities||||6,598|0|6,598||
||Maintenance,||materials|and repairs|60,060|0|60,060||
||Youth building||||4,151|0|4,151||
||North Lodge||||9,358|0|9,358||
||Miscellaneous||expenses||3,590||3,590||
||||||136.073|792|136,865||
|)b|ANALYSIS|OF CHARITABLE EXPENDITURE LAST YEAR|||||||
||||||Charitable||21120||
||||||Activities
Governance||Total||
||||||6||||
||Wages||||33,966|0|33,966||
||Commercial|cleaning|||12,702|0|12,702||
||Legal snd professional|||fees|1,897|756|2,653||
||Postage||||37|0|37||
||Stationery||||834|0|834||
||Telephone||||935|0|935||
||Insurance||||5,052|0|5,052||
||||||470|0|470||
||||||9,050||9,050||
||Maintenance,||materials|and repairs|46,655||46,655||
||Youth building||||8,032||8,032||
||North Lodge||||8,707||8,707||
||Miscellaneous||expenses||449||449||
||||||128,786|756|129,542||
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|STAFF COSTSAND|NUMBERS|||2021|2020|
|---|---|---|---|---|---|
|||||I||
|Staffcosts during the|year were as follows:|||||
|Administration
part-time
and full-time||||34,421|33,966|
|Employers
National
Insurance||||0|0|
|Total staff costs during|the year|||34,421|33„966|
|Staffnumbers
average||||||
|The charity considers its key management||personnel|tobe the Trustees and Centre Manager.|||
|The total employment|benefits ofthe key|management|personnel|were f26,899(2020:$26,471).||
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|FIXEDASSETS|||Equipment|
|---|---|---|---|
|COST||||
|Balance attApril 2021 and|I April 2020||68,535|
|DEPRECIATION||||
|Balance at I April 2021 and|I April 2020||68,535|
|NET BOOKVALUE at 31March 2021||||
|NET BOOK VALUE at 31March 2021||||
|DEBTORS||Total|Total|
|||2021|2020|
|Due within one year||||
|Prepayment||3282|0|
|Rents receivable||1,035|7,830|
|Accrued Income||0|100|
|investment
income receivable||646|1,029|
|||4,963|8,959|
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|NOTES TO THK FINANCIAL|NOTES TO THK FINANCIAL|NOTES TO THK FINANCIAL|NOTES TO THK FINANCIAL|STATEMENTS|STATEMENTS|STATEMENTS|||||
|---|---|---|---|---|---|---|---|---|---|---|
|8)|CREDITORS|||||||Total||Total|
|||||||||2021||2020|
||Due within one year|||||||11,200||5,693|
||Deferred income|||||||0||500|
||Accruals|||||||1,869||1,659|
|||||||||13,069||7,852|
|9)a|ANALYSIS OF FUNDS 2021|||||Fund||||Fund|
|||||||Balance||||Balance|
|||||||1.4.2020|Income|Expenditure|31.3.2021||
||Designated
Funds|||||8||||f,|
||Village Fund|||||8,140|1.4|0||8,154|
||General Unrestricted||Funds|||173,821|217,847|136,865||254,803|
||Total Unrestricted|Funds||||181,961|217„861|136,865||262,957|
||A description ofthe||designated||fund can|be found m the Trustees Report under desimtated
funds.|||||
|9)b|ANALYSIS OF FUNDS 2020|||||Fund||||Fund|
|||||||Balance||||Balance|
|||||||1.4.2019|Income Expenditure||3|1.32020|
||Designated
Funds||||||||||
||Village Fund|||||8,097|43|0||8,140|
||General Unrestricted||Funds|||171,216|132,147|129,542||173,821|
||Total Unrestricted|Funds||||179,313|132,190|129,542||181,961|
|10)|RECONCILIATION||OF INCOMING RESOURCES TONET CASH FLOW FROM OPERATING||||||||
||ACTIVITIES|||||||2021||2020|
|||||||||||f|
||Net income forthe|reporting||period (as per page 7 - SOFA)||||80,996||2,648|
||Adjustments
for:||||||||||
||Interest from Investments|||||||-834||-1,414|
||Depreciation
charge|||||||0||0|
||Decrease in debtors|||||||3,995||7,239|
||(Decrease)/increase|in creditors||||||5318||3,809|
||Net cash provided by||/(used|in)|operating|activities||89,375||12,282|
||ANALYSIS OF CASH AND|||CASH EQUIVALENTS||||2021||2020|
||Cash at bank|||||||271,063||180,854|
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||||||2021|||2020||
|---|---|---|---|---|---|---|---|---|---|
|INCOME||||||||||
|Parish Council Contribution|||to costs|||40,000|||35,000|
|Other donation,|grantss and||contributions|towards costs||136,486|||0|
|Furlough
grant||||||3,828||||
|RENTS||||||||||
|Annexe||||5,505|||15,040|||
|Youth Building||||7,134|||16,980|||
|Ground Floor||||401|||5,861|||
|Hall||||6,119|||23,481|||
|Lounge||||5,648|||10,953|||
|Room I||||0|||785|||
|Room 2||||0|||3,858|||
|Bars||||0|||193|||
|Room I&2||||2,102|||3.728|||
|North Lodge||||4,420|31,329||3,174|84,053||
|RECREATION|GROUNDS|||||||||
|Sycamores &Recreation Grounds||||3,098|||2,031|||
|Hardcourts||||1,593|4,691|36,020|8,922|10,933|94,986|
|Bank interest||||||834|||1,414|
|Miscellaneous
in~orna||||||693|||790|
|TOTAL INCOME||||||217,861|||132,190|
|EXPENDITURE||||||||||
|ADMINISTRATION||||||||||
|Wages||||34,421|||33,966|||
|Commercial
cleaning||||5,333|||12,702|||
|Legal and professional||fees||6,103|||2,653|||
|Postage||||46|||37|||
|Stationery||||597|||834|||
|Telephone||||1,013|||935|||
|Insurance||||5,375|||5,052|||
|Licences and permits||||220|||470|||
|Miscellaneous||||3,590|||449|||
||||||56,698|||57,098||
|HALL &GENERAL EXPENSES||||||||||
|Repairs and maintenance||||6,710|||13,563|||
|Utilities||||4452|10,962||6,216|19,779||
|ANNEXE EXPENSES||||||||||
|Repairs and maintenance||||1,533|||1,794|||
|Utilities||||1,858|3,391||2,158|3,952||
|Carried Forward|||||71,051|217,861||80,829|132,190|
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|||2021|||2020||
|---|---|---|---|---|---|---|
|Brought Forward||71,051|217,861||80,829|132,190|
|SYCAMORES PAVILION|||||||
|Repairs and maintenance|550|550||6,137|6,137||
|RECREATION GROUND EXPENSES|||||||
|Repairs and maintenance|18,840|||8,714|||
|Utilities|143|||214|||
|Grass cutting|15,517|||10,801|||
|||34,500|||19,729||
|NORTH LODGE|||||||
|Repairs and Maintenance|1,498|||1,432|||
|Utilities|1,376|||1,622|||
|Insurance|0|||435|||
|Grasscutting|6,319|||3,725|||
|CIeaning|165|||1,493|||
|||9,358|||8,707||
|HARDCOURT EXPENSES|||||||
|Maintenance|16,9]0|||5,646|||
|Utilities|345|||462|||
|||17,255|||6,108||
|YOUTH BUILDING|||||||
|Maintenance|846|||608|||
|Utilities|1,745|||3,582|||
|Wages|0|||62|||
|Cleaning|1,560|||3,780|||
|||4„151|||8,032||
||||136,865|||129,542|
|SURPLUS FOR THE YEAR|||80,996|||2,648|