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|---|---|---|---|---|
|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|
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|||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)|
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||||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|
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|||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||
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|||||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|
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|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.|||
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|||2021|2020|
|---|---|---|---|
|||g||
|Capital and|Reserves|(77,197)|(52,433)|
|Profit/(loss)|for year|(24,765)|(15,317)|
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||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|
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|13|Capital Commitments|Capital Commitments||2021|2020|
|---|---|---|---|---|---|
||Contracted|for but not provided|for|Nil|Nil|
||Authorised|but not contracted for||Nil|Nil|
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