2021-08-31-accounts - The Milford Millennium Hall And Community Centre

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		Page
Report ofthe Trustees	1	to	5
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	8	to	9
Notes to the Financial Statements	10	to	17
Detailed Statement ofFinancial Activities	18	to	19

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	12	654,338	456,043	1,110,381	1,129,795
Investments	13	1		1	1
		654,339	456,043	1,110,382	1,129,796
CURRENT ASSETS
Stocks	14	2,333		2,333	2,330
Debtors	15	48,548		48,548	72,580
Cash in hand		119,011	3,499	122,510	122,845
		169,892	3,499	173,391	197,755
CREDITORS
Amounts falling due within one year	16	(9,020)		(9,020)	(26,401)
NET CURRENT ASSETS		160,872	3,499	164,371	171,354
TOTAL ASSETSLESSCURRENT
LIABILITIES		815,211	459,542	1,274,753	1,301,150
NET ASSETS		815,211	459,542	1,274,753	1,301,150
FUNDS	17
Unrestricted funds				815,211	840,535
Restricted funds				459,542	460,615
TOTAL FUNDS				1,274,753	1,301,150

DONATI	ONS AND	LEGACIES
			2020	2019
Donations			4,250	2,232
Gift aid			1,158	943
Donation	f'rom trading	sub	11,774	24,507
			17,182	27,682
OTHER	TRADING	ACTIVITIES
			2020	2019
Fundraising events			66,966	78,548
Hall and	facilities hire		23,737	37,768
Bar and Cafe			26,389	39,677
			117,092	155,993
INVESTMENT INCOME
			2020	2019
Interest receivable - trading			333	204

					2020	2019
Wages and salaries					52,179	42,101
Social security	costs				725
Other pension	costs				1,131	712
					54,035	42,813
The average monthly		number ofemployees		during the year was as follows:
					2020	2019
Employee					9	8
No employees	received emoluments		in excess of$60,000.

ta numbers in 2020 include 2 (2019:2) employees who work both in the trading costs related to trading activities are cross-charged to the trading company.	ta numbers in 2020 include 2 (2019:2) employees who work both in the trading costs related to trading activities are cross-charged to the trading company.	subsidiary. T	he employment
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	27,682		27,682
Other trading activities Investment income	155,993 204		155,993 204
Total	183,879		183,879
EXPENDITURE ON
Raising funds	63,241		63,241
Charitable activities
Overheads	111,329	17,884	129,213
Total	174,570	17,884	192,454
NET INCOME/(EXPENDITURE)	9,309	(17,884)	(8,575)
RECONCILIATION OF FUNDS
Total funds brought forward	831,226	478,499	1,309,725
TOTAL FUNDS CARRIED FORWARD	840,535	460,615	1,301,150

DEBTORS:	A	MOUN	TS FALL	ING DUE WITHIN ONE Y	EAR
						2020	2019
Trade debtors						328	5,242
Amounts owed		by group undertakings				38,458	62,568
Other debtors						1,940	1,940
Prepayments	and accrued income					7,822	2,830
						48,548	72,580
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE					YEAR
						2020	2019
Trade creditors						2,283	11,350
Social security		and other taxes				898	436
Other creditors						910	534
Accrued expenses						4,929	14,081
						9,020	26,401
MOVEMENT		IN FUNDS
						Net
						movement	At
					At 1.9.19	in funds	31.8.20
Unrestricted	funds
General fund					840,535	(27,324)	813,211
Barry Philips	Memorial		Fund			2,000	2,000
					840,535	(25,324)	815,211
Restricted funds
Building fund					460,615	(1,073)	459,542
TOTAL FUNDS					1,301,150	(26,397)	1,274,753
Net movement		in funds,	included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted	funds
General fund					156,191	(183,515)	(27,324)
Barry Philips	Memorial		Fund		2,000		2,000
					158,191	(183,515)	(25,324)
Restricted funds
Building fund						(1,073)	(1,073)
TOTAL FUNDS					158,191	(184,588)	(26,397)

							Net
							movement	At
						At 1.9.18	in funds	31.8.19
Unrestricted		funds
General	fund					831,226	9,309	840,535
Restricted funds
Building	fund					478,499	(17,884)	460,615
TOTAL	FUNDS					1,309,725	(8,575)	1,301,150
Comparative		net movement		in funds, included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
Unrestricted		funds
General	fund					183,879	(174,570)	9,309
Restricted funds
Building	fund						(17,884)	(17,884)
TOTAL	FUNDS					183,879	(192,454)	(8,575)
A current	year 12months		and prior year 12months			combined position is as follows:

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General fund Barry Philips Memorial	Fund	340,070 2,000	(358,085)	(18,015) 2,000
Restricted funds		342,070	(358,085)	(16,015)
Building fund			(18,957)	(18,957)
TOTAL FUNDS		342,070	(377,042)	(34,972)
Designated Funds

		2020	2019
INCOME AND ENDOWMENTS
Donations and legacies
Donations Gift aid Donation from trading	sub	4,250 1,158 11,774	2,232 943 24,507
		17,182	27,682
Other trading activities
Fundraising events Hall and facilities hire Bar and Cafe		66,966 23,737 26,389	78,548 37,768 39,677
		117,092	155,993
Investment income
Interest receivable - trading		333	204
Grants receivable
Government grants		23,584
Total incoming resources		158,191	183,879
EXPENDITURE
Other trading activities
Purchases Bad debts		47,554 132	63/41
		47,686	63+41
Charitable activities
Wages Social security		52,179 725	42,101
Pensions Rates and water		1,131 890	712 627
Insurance Light and heat Telephone		9,094 8,125 448	8,140 7,067 452
Advertising Computer expenses		5,530 3,685	3,307 2,164
		81,807	64,570
Support costs
Management
Depreciation oftangible and heritage assets		32,763	33,304

	for the Year Ende	d 31August 2020
		2020	2019
Management
Information	technology
Repairs and renewals		6,615	13,015
Other
Cleaning Postage and stationery		4,332 478	5,126 884
Sundries		1,648	1,154
		6,458	7,164
Governance	costs
Accountancy	fees	9,259	11,160
Total resources	expended	184,588	192,454
Net expenditure		(26,397)	(8,575)