COMPANY REGISTRATION NUMBER: 03730573 CHARITY REGISTRATION NUMBER: 1076578
The Mainstone Community Association Limited Company Limited by Guarantee Unaudited Financial Statements 31 January 2021
THOMAS WESTCOTT
Chartered Accountants Petitor House Nicholson Road Torquay Devon TQ2 7TD
The Mainstone Community Association Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 January 2021
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities (including income and | |
| expenditure account) | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 13 |
| Notes to the detailed statement of financial activities | 14 |
The Mainstone Community Association Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 January 2021
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 January 2021.
Reference and administrative details
| Registered charity name | The Mainstone Community Association Limited | The Mainstone Community Association Limited |
|---|---|---|
| Charity registration number | 1076578 | |
| Company registration number | 03730573 | |
| Principal office | The Community Centre | |
| Pattinson Drive | ||
| Mainstone | ||
| Plymouth | ||
| Registered office | Petitor House | |
| Nicholson Road | ||
| Torquay | ||
| TQ2 7TD | ||
| The trustees | ||
| Mrs M A Fuge | ||
| Mr T F R Jones | (Resigned 18 October 2020) | |
| Mr D Bees | ||
| Mr M Lowe | ||
| Mr R Billingham | ||
| Mrs M Bridgeman | (Appointed 18 October 2020) | |
| Company secretary | Mr R Billingham | |
| Independent examiner | Sean R Smith FCA on behalf of | |
| THOMAS WESTCOTT Chartered | Accountants | |
| Petitor House | ||
| Nicholson Road | ||
| Torquay | ||
| Devon | ||
| TQ2 7TD |
Structure, governance and management
Organisational structure
A board of elected trustees administer the charity. The day to day operations of the charity are managed by the elected committee. The committee meet regularly throughout the year and report directly to the trustees.
The appointment of trustees
The appointment of Trustees lies with the current trustees and is governed by the Articles of Association dated 26 February 1999.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2021
Objectives and activities
Charitable objects
The object of the charity is to promote the benefit of the inhabitants of Mainstone and the neighbourhood and to establish and maintain a Community centre for their use.
Achievements and performance
Review of activities and achievements
Throughout the year the trustees have continued their support of work undertaken by the various committees for the benefit of the local community.
There has been a continued effort to maintain the building to a high standard and this work is ongoing.
The trustees would like to take this opportunity to thank the committee for all their dedication and hard work throughout the year.
Financial review
Review of the Charity's financial position
The charity's income from unrestricted funds decreased this year, as has its reserves. At the balance sheet date the charity was carrying sufficient reserves to enable it to operate over the coming year.
Reserves
It is the policy of the charity to maintain an unrestricted fund which will be sufficient to cover any future expenditure on the building by the charity. At the year end the unrestricted fund met this criteria.
Principal funding sources
The principal funding source of the charity is from the letting of the Community Centre. This is expected to remain a steady source of funding for the charity in the coming years.
Investment powers, policy and performance
These are governed by the Articles of Association dated 26 February 1999. These are unlimited.
Risk management
The trustees have examined the major strategic, business and operational risks, which the charity faces and confirm that systems have been put in place to minimise these. These systems are regularly reviewed to ensure they still meet the needs of the charity.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 28 September 2021 and signed on behalf of the board of trustees by:
Mr R Billingham Charity Secretary
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The Mainstone Community Association Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Mainstone Community Association Limited
Year ended 31 January 2021
I report to the trustees on my examination of the financial statements of The Mainstone Community Association Limited ('the charity') for the year ended 31 January 2021.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sean R Smith FCA on behalf of THOMAS WESTCOTT Chartered Accountants Independent Examiner Petitor House Nicholson Road Torquay Devon, TQ2 7TD
28 September 2021
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The Mainstone Community Association Limited
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 January 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| Unrestricted | ||||
| fundsTotal funds | Total funds | |||
| Note | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | 5 | 36,100 | 36,100 | 1,150 |
| Charitable activities | 6 | 133 | 133 | 2,006 |
| Investment income | 7 | 1,100 | 1,100 | 11,966 |
| ---------------------------- | ---------------------------- | ---------------------------- | ||
| Total income | 37,333 | 37,333 | 15,122 | |
| ============================ | ============================ | ============================ | ||
| Expenditure | ||||
| Expenditure on charitable activities | 8 | 19,439 | 19,439 | 18,877 |
| ---------------------------- | ---------------------------- | ---------------------------- | ||
| Total expenditure | 19,439 | 19,439 | 18,877 | |
| ============================ | ============================ | ============================ | ||
| ---------------------------- | ---------------------------- | ---------------------------- | ||
| Net income/(expenditure) and net movement in funds | 17,894 | 17,894 | (3,755) | |
| ============================ | ============================ | ============================ | ||
| Reconciliation of funds | ||||
| Total funds brought forward | 158,128 | 158,128 | 161,883 | |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 176,022 | 176,022 | 158,128 | |
| ================================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to 11 form part of these financial statements.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Statement of Financial Position
31 January 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 12 | 103,762 | 105,025 | |
| Current assets | ||||
| Debtors | 13 | 57,402 | 39,868 | |
| Cash at bank and in hand | 15,926 | 14,305 | ||
| ---------------------------- | ---------------------------- | |||
| 73,328 | 54,173 | |||
| Creditors: amounts falling due within one year | 14 | 1,068 | 1,070 | |
| ---------------------------- | ---------------------------- | |||
| Net current assets | 72,260 | 53,103 | ||
| -------------------------------- | -------------------------------- | |||
| Total assets less current liabilities | 176,022 | 158,128 | ||
| -------------------------------- | -------------------------------- | |||
| Net assets | 176,022 | 158,128 | ||
| ================================ | ================================ | |||
| Funds of the charity | ||||
| Unrestricted funds | 176,022 | 158,128 | ||
| -------------------------------- | -------------------------------- | |||
| Total charity funds | 16 | 176,022 | 158,128 | |
| ================================ | ================================ |
For the year ending 31 January 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 28 September 2021, and are signed on behalf of the board by:
Mrs M A Fuge Trustee
The notes on pages 6 to 11 form part of these financial statements.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 January 2021
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Petitor House, Nicholson Road, Torquay, TQ2 7TD.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the disclosure exemptions available under paragraph 1.12 of FRS 102, that no cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
There were no significant judgements.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year is the depreciation.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2021
3. Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2021
3. Accounting policies (continued)
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Long leasehold property - 1% reducing balance Plant and machinery - 15% reducing balance Fixtures and fittings - 20% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2021
4. Limited by guarantee
The Mainstone Community Association Limited is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
5. Donations and legacies
| Donations and legacies | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| £ | £ | £ | £ | |
| Donations | ||||
| Donations | 100 | 100 | 1,150 | 1,150 |
| Grants | ||||
| Government grant income | 36,000 | 36,000 | – | – |
| ---------------------------- | ---------------------------- | ----------------------- | ----------------------- | |
| 36,100 ============================ |
36,100 ============================ |
1,150 ======================= |
1,150 ======================= |
6. Charitable activities
| Charitable activities | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| £ | £ | £ | £ | |
| Tote | 133 | 133 | 1,260 | 1,260 |
| Other income | – | – | 746 | 746 |
| -------------- | -------------- | ----------------------- | ----------------------- | |
| 133 | 133 | 2,006 | 2,006 | |
| ============== | ============== | ======================= | ======================= | |
| nvestment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| £ | £ | £ | £ | |
| Rental income | 696 | 696 | 7,161 | 7,161 |
| Sports and Social Club licence fee | 400 | 400 | 4,800 | 4,800 |
| Bank interest receivable | 4 | 4 | 5 | 5 |
| ----------------------- | ----------------------- | ---------------------------- | ---------------------------- | |
| 1,100 ======================= |
1,100 ======================= |
11,966 ============================ |
11,966 ============================ |
7. Investment income
8. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |
| £ | £ | £ | £ | |
| Charitable activities | 19,439 | 19,439 | 18,877 | 18,877 |
| ============================ | ============================ | ============================ | ============================ |
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The Mainstone Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2021
9. Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets | 1,263 | 1,329 |
| Operating lease rentals | 726 | 726 |
| ======================= | ======================= |
10. Staff costs
The average head count of employees during the year was Nil (2020: Nil).
No salaries or wages have been paid to employees, including the trustees, during the year.
No employee received employee benefits of more than £60,000 during the year (2020: Nil).
11. Trustee remuneration and expenses
No salaries or expenses have been paid to the trustees during the year.
12. Tangible fixed assets
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Land and | Plant and | Fixtures and | ||
| buildings | machinery | fittings | Total | |
| £ | £ | £ | £ | |
| Cost | ||||
| At 1 February 2020 and | ||||
| 31 January 2021 | 126,320 | 1,946 | 11,071 | 139,337 |
| ================================ | ======================= | ============================ | ================================ | |
| Depreciation | ||||
| At 1 February 2020 | 22,435 | 1,872 | 10,005 | 34,312 |
| Charge for the year | 1,039 | 11 | 213 | 1,263 |
| -------------------------------- | ----------------------- | ---------------------------- | -------------------------------- | |
| At 31 January 2021 | 23,474 | 1,883 | 10,218 | 35,575 |
| ================================ | ======================= | ============================ | ================================ | |
| Carrying amount | ||||
| At 31 January 2021 | 102,846 | 63 | 853 | 103,762 |
| ================================ | ======================= | ============================ | ================================ | |
| At 31 January 2020 | 103,885 | 74 | 1,066 | 105,025 |
| ================================ | ======================= | ============================ | ================================ | |
| Debtors | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| Prepayments and accrued income | 242 | 511 | ||
| Mainstone Sports and Social Club Limited | 57,160 | 39,357 | ||
| ---------------------------- | ---------------------------- | |||
| 57,402 | 39,868 | |||
| ============================ | ============================ | |||
| Creditors: amounts falling due within one year | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| Accruals and deferred income | 1,068 | 1,070 | ||
| ======================= | ======================= |
13. Debtors
14. Creditors: amounts falling due within one year
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The Mainstone Community Association Limited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2021
15. Government grants
The amounts recognised in the financial statements for government grants are as follows:
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Recognised in income from donations and legacies: | ||
| Government grants income | 36,000 | – |
| ============================ | ============== |
During the year the charity was the recipient of economic benefits as a result of the Small Business Grant Fund. The total funds received from the UK Government during the year was £36,000.
16. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | |||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 | February | 31 January | |||
| 2020 | Income | Expenditure | 2021 | ||
| £ | £ | £ | £ | ||
| General funds | 158,128 | 37,333 | (19,439) | 176,022 | |
| ================================ | ============================ | ============================ | ================================ | ||
| At | At | ||||
| 1 | February | 31 January | |||
| 2019 | Income | Expenditure | 2020 | ||
| £ | £ | £ | £ | ||
| General funds | 161,883 | 15,122 | (18,877) | 158,128 | |
| ================================ | ============================ | ============================ | ================================ |
The purpose of the unrestricted funds is for future building maintenance.
17. Analysis of net assets between funds
| Analysis of net assets between funds | ||
|---|---|---|
| Unrestricted | Total Funds | |
| Funds | 2021 | |
| £ | £ | |
| Tangible fixed assets | 103,762 | 103,762 |
| Current assets | 73,328 | 73,328 |
| Creditors less than 1 year | (1,068) | (1,068) |
| ----------------------------- | ----------------------------- | |
| Net assets | 176,022 | 176,022 |
| ========================= | ========================== | |
| Unrestricted | Total Funds | |
| Funds | 2020 | |
| £ | £ | |
| Tangible fixed assets | 105,025 | 105,025 |
| Current assets | 54,173 | 54,173 |
| Creditors less than 1 year | (1,070) | (1,070) |
| -------------------------------- | -------------------------------- | |
| Net assets | 158,128 | 158,128 |
| ================================ | ================================ |
18. Related parties
One of the principal funding sources is the licence fee at £400 (2020 - £4,800) from Mainstone Sports and Social Club Limited, which also has a loan from the company of £54,533 (2020 - £39,357). Some of the trustees of the company are also members of the committee for the Club, which is a registered society.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Management Information
Year ended 31 January 2021
The following pages do not form part of the financial statements.
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The Mainstone Community Association Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 January 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 100 | 1,150 |
| Government grant income | 36,000 | – |
| ---------------------------- | ----------------------- | |
| 36,100 | 1,150 | |
| ---------------------------- | ----------------------- | |
| Charitable activities | ||
| Tote | 133 | 1,260 |
| Other income | – | 746 |
| -------------- | ----------------------- | |
| 133 | 2,006 | |
| -------------- | ----------------------- | |
| Investment income | ||
| Rental income | 696 | 7,161 |
| Sports and Social Club licence fee | 400 | 4,800 |
| Bank interest receivable | 4 | 5 |
| ----------------------- | ---------------------------- | |
| 1,100 | 11,966 | |
| ----------------------- | ---------------------------- | |
| ---------------------------- | ---------------------------- | |
| Total income | 37,333 | 15,122 |
| ============================ | ============================ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Operating leases | 726 | 726 |
| Rates and water | 2,213 | 4,971 |
| Light and heat | 2,380 | 4,022 |
| Repairs and maintenance | 9,221 | 4,445 |
| Insurance | 2,451 | 2,196 |
| Legal and professional fees | 1,185 | 1,130 |
| Other office costs | – | 58 |
| Depreciation | 1,263 | 1,329 |
| ---------------------------- | ---------------------------- | |
| 19,439 | 18,877 | |
| ---------------------------- | ---------------------------- | |
| ---------------------------- | ---------------------------- | |
| Total expenditure | 19,439 | 18,877 |
| ============================ | ============================ | |
| ---------------------------- | ---------------------------- | |
| Net income/(expenditure) | 17,894 | (3,755) |
| ============================ | ============================ |
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The Mainstone Community Association Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 January 2021
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Charitable activities | ||
| Activities undertaken directly | ||
| Operating leases | 726 | 726 |
| Rates & water | 2,213 | 4,971 |
| Light & heat | 2,380 | 4,022 |
| Repairs & maintenance | 9,221 | 4,445 |
| Insurance | 2,451 | 2,196 |
| Accountancy fees | 1,185 | 1,130 |
| Other office costs | – | 58 |
| Depreciation | 1,263 | 1,329 |
| ---------------------------- | ---------------------------- | |
| 19,439 | 18,877 | |
| ---------------------------- | ---------------------------- | |
| ---------------------------- | ---------------------------- | |
| Expenditure on charitable activities | 19,439 | 18,877 |
| ============================ | ============================ |
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