2021-03-31-accounts

				Page
Organisation information
Trustees' report				2to 3
Statement oftrustees'	responsibilities
Independent examiner's		report
Summary income and		expenditure	account
Statement offinancial		activities
Balance sheet
Notes to the financial	statements			9to 15

		Note	2021	2020
Income			117,598	140,980
Total income			117,598	140,980
Expenditure			(85,344)	(105,104)
Depreciation			(36,204)	(36,204)
Net expenditure	for the year	10	(3,950)	(328)

			Unrestricted	Restricted	Total Funds	Total Funds
		Note	Funds	Funds	2021	2020
Income from:
Grants
Donations
Charitable activities			117,598		117,598	140,980
Total income			117,598		117,598	140,980
Expenditure on:
Charitable activities			85,344	36,204	121,548	141,308
Total expenditure			85/44	36,204	121,548	141808
Net outgoing resources
before transfers			32,254	(36,204)	(3,950)	(328)
Transfers between	funds
Net movement in funds			32,254	(36,204)	(3950)	(328)
Reconciliation offunds:
Total funds brought	forward		175,333	1,153,011	1,328,344	1,328,344
Total funds carried forward			207,587	1,116,807	1824,394	1,328,016

		BALANCE SHEET	BALANCE SHEET	BALANCE SHEET
		As At	31March 2021
					2021		2020
			Note
Fixed assets
Tangible assets					1,204,454		1,240,658
Investments					1			1
Current assets
Debtors			7	68,555		64,607
Cash at bank	and in hand			60,692		36,310
				129,247		100,917
Liabilities:
Creditors:amounts		falling due within one year	8	(9,308)		(13,232)
Net current	assets				119,939		87,685
Net assets					1,324,394		1,328,344
The funds ofthe charity:
Restricted funds					1,116,807		1,153,011
Unrestricted	funds				207,587		175,333
					1,324,394		1,328,344

				Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
2	Income
	Rental income			48,780		48,780	48,988
	Grants received			20,674		20,674
	Charitable donations
	Room hire &functions			23,074		23,074	26,852
	Rental ofequipment		income	5,070		5,070	10,140
	Management charge			20,000		20,000	55,000
				117,598		117,598	140,980
3	Charitable activities
	Salaries and related costs			47,484		47,484	52,100
	Staffpension costs			752		752	788
	Rates and water			8,476		8,476	7,887
	Insurance			3,421		3,421	5,231
	Light and heat			12,329		12,329	25,511
	Telephone			1,658		1,658	1,804
	Security and maintenance			8,636		8,636	6,208
	Hire ofequipment
	Sundry expenses						13
	Cleaning costs			400		400	2,929
	Accountancy fees			1,722		1,722	1,609
	Secretarial fees						200
	Bank charges			97		97	89
	VAT surcharges	and	penalties
	Printing, postage	and	stationery	369		369	735
	Bank interest
	Depreciation: land and buildings				36,204	36,204	36,204
				85,344	36,204	121,548	141,308

Salaries an	d wages
				2021	2020
Staffcosts
Wages and	salaries			47,484	52,100
Pension costs				752	788
Employers'	national	insurance
				48,236	52,888
Average number of		staff	during the year
There were	no employees		earning a salary in excess off60,000in either year.

		2021	2020
		g
Capital and	Reserves	(77,197)	(52,433)
Profit/(loss)	for year	(24,765)	(15,317)

													12
				Belle	Vale Community				Centre Limited
					(acompany		limited		by guarantee)
				NOTES ON FINANCIAL STATEMENTS
				for the		year	ended 31March 2021
											Land and
6	Tangible	fixed assets									buildings		Total
	Cost or valuation
	1 April 2020										1,897,851		1,897,851
	Additions
	Disposals
	31March	2021									1,897,851		1,897,851
	Depreciation
	1 April 2020										657,193		657,193
	Charge for year										36,204		36,204
	Disposals
	31March	2021									693,397		693,397
	Net book	value
	31March	2021									1,204,454	1,204,454
	31March	2020									1,240,658	1,240,658
	The Millennium		Commission,		who	funded		the building		of the	Community	Centre	hold a
	debenture	over the	land and buildings			and all other			assets ofthe	Charity.
											2021		2020
7	Debtors
	Amounts	owed by	Lee Valley Trading			Limited					67,755		64,607
	Other debtors										800
											68,555		64,607
											2021		2020
8	Creditors	due within one		year
	Bank loans and overdrafts
	Taxation	and social security									2,839		4,737
	Sundry creditors and accruals										6,109		8,186
	Pension creditor										360		309
											9,308		13,232

9	Funds		Balance				Balance
			at 1April	Incoming	Outgoing		at31March
			2020	resources	resources	Transfers	2021
	Unrestricted	Funds
	General Fund		175,333	117,598	(85,344)		207,587
	Restricted Funds
	Millennium	Commissio	490,925		(15,465)		475,460
	ERDF Grant		283,851		(8,923)		274,928
	SRBGrant		146,897		(4,578)		142,319
	LCC Grant		224,938		(7,038)		217,900
	Riverside Housing		6,400		(200)		6,200
			1,153,011		(36,204)		1,116,807
	TOTAL FUNDS		1,328,344	117,598	(121,548)		1,324,394

13	Capital Commitments	Capital Commitments		2021	2020
	Contracted	for but not provided	for	Nil	Nil
	Authorised	but not contracted for		Nil	Nil