REGISTERED COMPANY NUMBER: 03559913 (England and Wales) REGISTERED CHARITY NUMBER: 1077240
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021
FOR
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 30 April 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
REPORT OF THE TRUSTEES for the year ended 30 April 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
(a) To advance education for the public benefit by providing advice and guidance upon questions of housing, social welfare benefits, unemployment, health and related topics.
(b) To relieve sickness and preserve and protect the good health of persons resident in the area of benefit.
(c) The advancement of education and training of young people and adults with particular reference to equipping them for employment and facilitating their obtaining work in industry, commerce and the professions.
(d) To provide in the interests of social welfare, facilities for recreation and leisure time occupation with the object of improving the conditions of life of persons who have need of such facilities by reason of their youth, age, infirmity or disablement, poverty or social economic circumstances.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
In addition to providing grants to specific local organisations during the year, the centre was used by over twenty organisations and numerous special events were held for the benefit of the local residents.
FINANCIAL REVIEW Principal funding sources
The major funding source is the receipt of rental income from the centre.
Reserves policy
Available reserves at 30 April 2021 were approximately £35,500. No future deficits were or are being predicted.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documents
The company is limited by guarantee and has no issued share capital. It is a registered charity, and its governing instruments are its memorandum and articles of association.
Recruitment and appointment of new trustees
Trustees are selected from the various groups which use the community centre.
Related parties
No related party notes are required for the period under review.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03559913 (England and Wales)
Registered Charity number
1077240
Registered office
Dorset Road Community Centre Dorset Road Atherton Wigan Greater Manchester M46 9GJ
Page 1
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
REPORT OF THE TRUSTEES for the year ended 30 April 2021
Trustees
Ms E Bullough Mrs J S Holmes N A Bradbury Miss L Murray Councillor J Hodgkinson Mrs E A Ramsden Mrs T A Hodgkinson P G Woodhead
Company Secretary
Mrs T A Hodgkinson
Independent Examiner
Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ
Approved by order of the board of trustees on 11 October 2021 and signed on its behalf by:
N A Bradbury - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
Independent examiner's report to the trustees of Dorset Road Community Centre (Atherton) Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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 Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts 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 accounts 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.
A J Wardle FCA Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ
11 October 2021
Page 3
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 April 2021
| 2021 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 19,309 Investment income 2 10,768 Total 30,077 EXPENDITURE ON Other 36,843 NET INCOME/(EXPENDITURE) (6,766) RECONCILIATION OF FUNDS Total funds brought forward 42,264 TOTAL FUNDS CARRIED FORWARD 35,498 |
2020 Total funds £ 13,346 33,063 |
|---|---|
| 46,409 35,636 |
|
| 10,773 31,491 |
|
| 42,264 |
The notes form part of these financial statements
Page 4
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
BALANCE SHEET 30 April 2021
| 2021 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 6 19,414 CURRENT ASSETS Cash at bank 17,668 CREDITORS Amounts falling due within one year 7 (1,584) NET CURRENT ASSETS 16,084 TOTAL ASSETS LESS CURRENT LIABILITIES 35,498 NET ASSETS 35,498 FUNDS 8 Unrestricted funds 35,498 TOTAL FUNDS 35,498 |
2020 Total funds £ 14,941 28,283 (960) 27,323 42,264 42,264 42,264 42,264 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 11 October 2021 and were signed on its behalf by:
N A Bradbury - Trustee
The notes form part of these financial statements
Page 5
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 30 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance Furniture & photocopier - 25% on reducing balance Kitchen appliances - 25% on reducing balance Computer equipment - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Page 6
continued...
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 April 2021
2. INVESTMENT INCOME
| Rents received Bank interest NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Other operating leases |
2021 £ 10,768 - 10,768 2021 £ 6,470 10 |
2020 £ 33,062 1 |
|---|---|---|
| 33,063 | ||
| 2020 £ 4,979 - |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2021 nor for the year ended 30 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2021 nor for the year ended 30 April 2020.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 13,346 |
| Investment income | 33,063 |
| Total | 46,409 |
| EXPENDITURE ON | |
| Other | 35,636 |
| NET INCOME | 10,773 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 31,491 |
| TOTAL FUNDS CARRIED FORWARD | 42,264 |
continued...
Page 7
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 April 2021
6. TANGIBLE FIXED ASSETS
| Improvements | ||||||
|---|---|---|---|---|---|---|
| to | Furniture | Kitchen | Computer | |||
| property | & photocopier | appliances | equipment | Totals | ||
| £ | £ | £ | £ | £ | ||
| COST | ||||||
| At 1 May 2020 | 49,071 | 28,955 | 3,597 | 3,605 | 85,228 | |
| Additions | 8,844 | 2,099 | - | - | 10,943 | |
| At 30 April 2021 | 57,915 | 31,054 | 3,597 | 3,605 | 96,171 | |
| DEPRECIATION | ||||||
| At 1 May 2020 | 37,727 | 25,583 | 3,455 | 3,522 | 70,287 | |
| Charge for year | 5,047 | 1,367 | 35 | 21 | 6,470 | |
| At 30 April 2021 | 42,774 | 26,950 | 3,490 | 3,543 | 76,757 | |
| NET BOOK VALUE | ||||||
| At 30 April 2021 | 15,141 | 4,104 | 107 | 62 | 19,414 | |
| At 30 April 2020 | 11,344 | 3,372 | 142 | 83 | 14,941 | |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2021 | 2020 | |||||
| £ | £ | |||||
| Accrued expenses | 1,584 | 960 | ||||
| 8. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At 1.5.20 | in funds | 30.4.21 | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 42,264 | (6,766) | 35,498 | |||
| TOTAL FUNDS | 42,264 | (6,766) | 35,498 | |||
| Net movement in funds, included in the above are | as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 30,077 | (36,843) | (6,766) | |||
| TOTAL FUNDS | 30,077 | (36,843) | (6,766) |
continued...
Page 8
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 April 2021
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.5.19 | in funds | 30.4.20 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 31,491 |
10,773 | 42,264 |
| TOTAL FUNDS 31,491 |
10,773 | 42,264 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 46,409 |
(35,636) | 10,773 |
| TOTAL FUNDS 46,409 |
(35,636) | 10,773 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.5.19 | in funds | 30.4.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 31,491 | 4,007 | 35,498 |
| TOTAL FUNDS | 31,491 | 4,007 | 35,498 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 76,486 | (72,479) | 4,007 |
| TOTAL FUNDS | 76,486 | (72,479) | 4,007 |
continued...
Page 9
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 30 April 2021
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2021.
Page 10
DORSET ROAD COMMUNITY CENTRE (ATHERTON) LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 April 2021
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 April 2021 |
||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | - | 40 |
| Grants | 19,309 | 13,306 |
| 19,309 | 13,346 | |
| Investment income | ||
| Rents received | 10,768 | 33,062 |
| Bank interest | - | 1 |
| 10,768 | 33,063 | |
| Total incoming resources | 30,077 | 46,409 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Other operating leases | 10 | - |
| Rates and water | 571 | 1,423 |
| Insurance | 1,727 | 1,682 |
| Light, heat & water | 9,289 | 3,104 |
| Telephone | 257 | 262 |
| Sundries | 2,393 | 1,551 |
| Repairs & renewals | 10,014 | 5,039 |
| Cleaning costs | 4,962 | 14,732 |
| Accountancy | 624 | 1,914 |
| Improvements to property | 5,047 | 3,781 |
| Furniture & photocopier | 1,368 | 1,123 |
| Kitchen appliances | 35 | 47 |
| Computer equipment | 21 | 28 |
| 36,318 | 34,686 | |
| Governance costs | ||
| Legal and professional fees | 525 | 950 |
| Total resources expended | 36,843 | 35,636 |
| Net (expenditure)/income | (6,766) | 10,773 |
This page does not form part of the statutory financial statements
Page 11