OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

St Mary’s Eltham Community Centres Association

Registered Charity No. 1077280

Company Registration No. 3796671

Annual Report and Accounts 2020/21

(For the year ended 31 March 2021)

St Mary’s 180 Eltham High Street

Supported by the Royal Borough of Greenwich

Page 1

Contents
Introduction
 3
Trustees’ report
2020/21 highlights
 3
Plans for 2021/22
 4
Public benefit
 5
Governance
 6
The Board
 7
Risk Management
 8
Statement of Trustees’ Responsibilities 9
Final Accounts 2020/21

Independent Examiner’s Report		 10
Financial Statements
Statement of Financial Activities 11
Balance Sheet 13
Cash Flow Statement 14
Notes to the Accounts 15

Supported by the Royal Borough of Greenwich

Page 2

Introduction

Welcome to the Annual Report and Accounts for what was a year dominated by the COVID-19 pandemic. Little did we know at the time of last December’s Annual General Meeting (AGM) for 2019/20 held on Zoom that it would be so long before the Government were able to relax the restrictions they introduced to try to restrict the spread of the virus.

Although most of the restrictions have been relaxed, we are still advised to wear a face covering in enclosed and/or crowded spaces when coming into contact with people you do not normally meet and the number of new daily infections continue at a rate such that the threat of fresh restrictions are seemingly being discussed.

The Board of Trustees has weighed up the likely scenario as we move into the winter months. Although many of our groups have resumed face-to-face meetings, some remain more cautious and are yet to come back. To maximise the number of attendees at the meeting, the Board decided, on balance, that it was more appropriate for the 2020/21 AGM to also be held by Zoom conferencing. We hope, as a result, that a bigger proportion of our affiliated user group members will be able to join the meeting. The credentials for the Zoom meeting will be provided to groups nearer the meeting.

The big re-building job referred to in last year’s Annual Report and Accounts has, unsurprisingly, yet to really get underway but there are green shoots of hope with increasing numbers of returning groups and a renewed interest in private hire opportunities.

We can only hope for a better outlook as we move forward. With your continued support the Board is confident we will get there…bigger, brighter, better.

Trustees’ report

2020/21 highlights

Following last year’s AGM, the Board of Trustees re-appointed Bob Treacher and Julian Bartlett as Chair and Vice Chair respectively. Julia Gale continued in her role as Treasurer. The Board of Trustees met nine times on Zoom between April 2020 and March 2021 as it was essential to keep pace with numerous Government announcements and maintain a close eye on St Mary’s financial position.

Due to the COVID-19 pandemic, ‘highlights’ were at a premium! However, we believe it is important for this review of a difficult year to include details of how we ensured St Mary’s coped with the changing priorities bought about by the pandemic, Government restrictions and the lockdowns. St Mary’s was of course forced to close between April and September 2020.

Supported by the Royal Borough of Greenwich

Page 3

We believe we acted in accordance with Government legislation and guidance throughout. We prioritised the changes required to protect our groups, our staff and our volunteers and kept things going for the community to the best of our ability during the different levels of restrictions, but the various lockdowns meant we were simply unable to open our doors to the community for a considerable period of time. However, we kept groups updated through the monthly newsletter.

Much needed to be done to ensure essential governance and management of change, and establish a safe environment in our buildings for our groups, and so staff could carry out their duties safely. This involved a dedicated team from the Board working with Patrick O’Sullivan and Jan Finlay to identify the changes required.

Working with leaders of some of our groups and front-line staff, policies and new COVID-19 specific Terms and Conditions were generated. Staff were trained to ensure our service delivery met the requirements of a COVID-19 safe community venue.

We believe the changing priorities were successfully managed. Indeed, an example was the safe COVID-19 set up at Progress Hall which was recognised by a local medical practice as being an ideal venue to give flu vaccinations.

The impact of the pandemic was far-reaching. Most groups did not come out for their regular meetings and bookings were cancelled. Staff were furloughed and did the bare minimum to keep St Mary’s ticking over.

As restrictions eased, St Mary’s was the first of our buildings to re-open on 1 September 2020 following approval of Risk Assessments which included one way systems, signage inside and out and social distancing markings. Progress Hall, Lionel Road, Anstridge Hall and Flintmill Hall also re-opened in the following weeks. However, the ‘Christmas is cancelled’ lockdown put St Mary’s out of action again before a further re-opening action plan took us to the end of this review period.

From a communications and engagement viewpoint, the year in review was frustrating as the new website was delayed by COVID and personal difficulties experienced by the web designer.

Financially, as can be seen from the accompanying report, St Mary’s achieved a far healthier position for the year despite the challenging situation, mainly due to Government grants.

Plans for 2021/22

Our plans for 2021/22 have already been severely disrupted due to the continuing prevalence of the COVID-19 pandemic. With daily infection cases continuing to rise and talk of a further lockdown, it seems inappropriate to discuss ‘the norm’ as we used to know it.

Supported by the Royal Borough of Greenwich

Page 4

Although many groups have now returned to face-to-face meetings and others are planning to return in the coming months, there remain a few who are yet to talk to the office team about their plans. We hope by the time this Annual Report is issued everyone will be back with us and looking forward to their meetings/activities at our buildings. St Mary’s remains proud to provide safe and welcome venues for affiliated local groups who wish to meet in our venues for education, recreation, health and well-being and social welfare purposes.

Groups will be aware the new website (https://stmarys-eltham.co.uk/) is now live. We believe it is a huge improvement on the previous site and has led to some new business opportunities, but it is still a ‘work in progress’ as the office team looks to provide more content, including group contact information. We hope the new site will go from strength to strength in the coming months.

St Mary’s has received two tranches of funding from the Greenwich Neighbourhood Growth Fund (GNGF). One grant is for the long-awaited refurbishment of the toilets at Progress Hall and Lionel Road Hall. COVID has played its part in the ongoing delays, but we hope a contractor will be lined up soon. The other is for the installation of wireless networks at our five buildings. An up-to-date position on both these works will be provided at the AGM.

Groups will be aware St Mary’s teamed up with Royal Greenwich’s Digital Lending Scheme to provide an opportunity to loan one of five tablets for a four-week period with free connection to the Internet. We were pleased to see this initiative and hope the digitally excluded were able to benefit from the three-month trial.

Plans for a Summer ‘Open Day’ remain on hold, as do plans for an affiliated group Quiz Evening. We are always interested to hear of any other initiatives we might be able to organise in the future.

St Mary’s will continue to adhere to any further Government guidance to provide a COVID-19 community safe environment for our users for as long as is necessary, and commit to providing the best services possible in our welcoming, affordable and safe community buildings. We remain committed to the Service Delivery Plan agreed with Royal Greenwich Council until 31 March 2023, and will continue to reach out to the community and help reduce isolation and provide support to groups. St Mary’s also aims to attract as many new private hire customers as possible even with the restrictions which continue in place, and hope to remain sustainable as we look to the future.

St Mary's longstanding membership of The Federation of Greenwich Community Centres will continue to be strengthened for the benefit of our community, with closer working for mutual benefits, the sharing of best practice, ideas and to promote cooperation.

Although there remains a period of uncertainty through to the end of 2021/22 and possibly beyond, we will continue as a Board to make appropriate decisions in the best interests of St Mary’s Community Centres Association

Supported by the Royal Borough of Greenwich

Page 5

and look forward to the day we can once again provide our full range of services to all our Affiliated groups.

Finally, the Board of Trustees express their gratitude for the dedication and hard work of all staff during this most difficult of years, and look forward to your continuing support going forward.

Public benefit

All our activities are undertaken to further our charitable purposes for the public benefit. The Board has regard to the Charity Commission’s guidance on public benefit throughout the year when approving St Mary’s activities.

Our mission is to support and help develop activities and groups which are open to all our community; to provide affordable and welcoming venues; to support and to work with other local partners in order to contribute to our vision for Eltham, which is a community which feels connected, is culturally vibrant and inclusive.

St Mary’s works towards achieving this mission as follows:

a) building community involvement / cohesion by:

b) working with local agencies to enhance the quality of life for Eltham residents. These include the Eltham Town Centre Partnership, NHS Greenwich, Active for Health, The Federation of Greenwich Community Centres

c) managing and having responsibility for internal maintenance and decoration, furnishing and security of five buildings under Tenancy at Will Agreements with the Royal Borough of Greenwich

d) contributing to local emergency recovery services by providing our buildings as emergency centres. We hold disaster support supplies at the St Mary’s Centre in Eltham High Street.

Governance

St Mary’s Community Centres Association is a registered charity and a company limited by guarantee.

Registered charity number: 1077280

Supported by the Royal Borough of Greenwich

Page 6

Registered company number: 3796671

Registered office: 180 Eltham High Street, Eltham, London SE9 1BJ Accountants: Michael Adamson & Co., 21 The Drive, Hullbridge, Essex SS5 6LZ

Our bankers

Unity Trust Bank PLC Nine Brindley Place 60 Broad Street Birmingham B1 2BH

United Trust Bank Cambridge and Counties Redwood Bank 80 Haymarket Charnwood Court Letchworth Garden City London New Walk Leicester Hertfordshire SW1Y 4TE LE1 6TE SG6 3TA

The purpose of St Mary’s is set out in our Articles as follows:

(a) To promote for the benefit of the people of the area without distinction of sex, sexual orientation, race, age, disability or of political, religious or other opinions, by associating together those people, the local authorities, voluntary and other organisations in a common effort to advance education, citizenship, community development and social cohesion and to provide facilities for recreation, leisure and community activity with the objects of improving the conditions of life for those people;

(b) To establish, or secure the establishment of, community centres and to maintain and manage these whether alone or in co-operation with any local authorities or other persons or bodies in furtherance of these objects.

Our venues

St Mary’s Community Centre, 180 Eltham High Street, Eltham SE9 1BJ Anstridge Hall, Anstridge Road, Eltham SE9 2LL Flintmill Hall, Flintmill Crescent, Kidbrooke SE3 8LU Lionel Road Hall, 540 Westhorne Avenue, Eltham SE9 6DH Progress Hall, Admiral Seymour Road, Eltham SE9 1SL

Our Board of Directors

Under St Mary’s Articles, which govern the relationship between the Board of Directors and members, and subject to certain matters which are reserved to members who attend the Annual General Meeting (AGM), the St Mary’s Board holds all of the charity’s powers and authorities.

Supported by the Royal Borough of Greenwich

Page 7

Board membership 2020/21

The St Mary’s Board consists of a maximum of 12 trustees, elected by members at the AGM. At each AGM one third of the Board must stand for re-election. Every endeavour shall be made to ensure the Board of Directors includes at least two Full Members, and that Affiliated Group Member representatives make up over half the Board. The trustees, who are also Directors under company law, and who served during the year, are given below.

Board of Directors/Trustees

Company Secretary: Mr Patrick O’Sullivan (Centre Director)

Patron: Mrs Judy Smith MBE

Risk management

The trustees actively review the major risks which St Mary’s faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions.

The trustees are satisfied that adequate Health and Safety and Risk Management policies and procedures, Employers and Public Liability Insurance are in place. The trustees have also examined other operational and business risks faced by the charity and confirm they have established systems to mitigate any significant risk.

Independent examiners

A resolution proposing Michael Adamson and Co. to be re-appointed as independent examiners of the charity for the year 2020/21 was put to the membership at the 2020 AGM and unanimously agreed.

Small company special provisions

The report of the Board of Trustees has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP FRS 102) effective July 2015, and with the Charities Act 2011.

Supported by the Royal Borough of Greenwich

Page 8

Financial Review

St Mary’s activity for the year with Affiliated and Private Hire ended with a surplus of £77,499. St Mary’s Reserves are detailed on p.17 (Accumulated fund 2020/21) and stand at £350,940 The bulk is our Statutory Reserve which we are required to have by law and we are pleased to report that we are meeting our requirements. The majority of reserves cover our obligation for winding up and meeting any of the predictable costs associated with this. We also have reserves to cover emergency repairs to the inside of the halls. The trustees are happy with the reported accounts for 2020/21.

Approval

This report was approved by the Board of Trustees and signed on its behalf on 27 September 2021.

----- Start of picture text -----
_____ Bob Treacher, Chair
----- End of picture text -----

_____Julian Bartlett, Vice Chair

Statement of trustees’ responsibilities

The trustees are required by law to prepare financial statements for each year which give a true and fair view of the financial activities of St Mary’s and its financial position at the end of the year.

In preparing those financial statements the trustees are required to:

  1. Select suitable accounting policies and apply them consistently;

  2. Make judgements and estimates that are reasonable and prudent;

  3. State whether policies adopted are in accordance with the Charities Act 2011 and with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements;

  4. Prepare the financial statements on a going concern basis unless it is inappropriate to assume the charity will continue in operation.

Supported by the Royal Borough of Greenwich

Page 9

Report of the Independent Examiners to the Members St Mary's Eltham Community Centres Association

We have examined the financial statements on pages 10 to 20 for the year ended 31 March 2021, which have been prepared under the accounting policies set out on page 14.

Respective responsibilities of the trustees and examiners

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is our responsibility to:

Basis of independent examiners' report

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts.

Independent examiners' statement

In connection with our examination, no matter has come to our attention:

  1. which gives us reasonable cause to believe that in any material respect the requirements

  2. (a) to keep accounting records in accordance with section 130 of the Charities Act; and

(b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act, have not been met; or

  1. to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Michael Adamson and Co Chartered Accountants

21 The Drive Hullbridge Hockley Essex SS5 6LZ

Date :

Page 10

St Mary's Eltham Community Centres Association Statement of Financial Activities for the year ended 31 March 2021

Unrestricted
Designated
Restricted
Total
Note
funds
funds
funds
2021
Income and expenditure
£
£
£
Incoming resources
Income from use of facilities and catering
4
22,313
-
-
22,313
Grants and donations receivable
2
218,632
-
49,300
267,932
Investment income
3
2,151
-
-
2,151
Total incoming resources
243,096
-
49,300
292,396
Resources expended
Cost of generating funds
Direct charitable expenditure
5
174,278
-
40,019
214,297
Governance costs
6
600
-
-
600
Total expenditure
174,878
-
40,019
214,897
Net incoming resources for the year
68,218
-
9,281
77,499
Statement of other recognised gains and losses
Net incoming resources before
other recognised gains -
net movement in funds
7
68,218
-
9,281
77,499
Transfers
(65,438)
65,438
-
-
Total funds brought forward
67,220
206,027
194
273,441
Total funds carried forward
70,000
271,465
9,475
350,940
Reconciliation of movement of funds
Tangible assets
-
1,301
175
1,476
Current assets
75,231
270,164
9,300
354,695
Current liabilities
(5,231)
-
-
(5,231)
70,000
271,465
9,475
350,940		 Total
2020
£
192,690
40,000
2,374
235,064
250,686
600
251,286
(16,222)
(16,222)
-
289,663
273,441
1,639
294,186
(22,384)
273,441

The surplus for the year represents the total recognised gains for the period

None of the charity's activities were aquired or discontinued during the year

The attached notes form part of the accounts

Page 11

St Mary's Eltham Community Centres Association Comparative Statement of financial activities for the year ended 31 March 2020

Unrestricted Designated Restricted Total
Note funds funds funds 2020
Income and expenditure £ £ £
Incoming resources
Income from use of facilities and catering 4 192,690 - - 192,690
Grants and donations receivable 2 . - 40,000 40,000
Investment income 3 2,374 - - 2,374
Total incoming resources 195,064 - 40,000 235,064
Resources expended
Cost of generating funds
Direct charitable expenditure 5 210,664 - 40,022 250,686
Governance costs 6 600 - - 600
Total expenditure 211,264 - 40,022 251,286
Net incoming resources for the year (16,200) - (22) (16,222)
Statement of other recognised gains and losses
Net incoming resources before
other recognised gains -
net movement in funds 7 (16,200) - (22) (16,222)
Transfers 8,853 (183) (8,670) -
Total funds brought forward 74,567 206,210 8,886 289,663
Total funds carried forward 67,220 206,027 194 273,441
Reconciliation of movement of funds
Tangible assets - 1,445 194 1,639
Current assets 89,604 204,582 - 294,186
Current liabilities (22,384) - - (22,384)
67,220 206,027 194 273,441

The surplus for the year represents the total recognised gains for the period

None of the charity's activities were aquired or discontinued during the year

The attached notes form part of the accounts

Page 12

St Mary's Eltham Community Centres Association Balance Sheet as at 31 March 2021

Notes
Fixed assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due
within one year
11
Net current assets
Net assets
Reserves
Accumulated fund
12		 2021
£
1,476
233
354,462
354,695
(5,231)
349,464
350,940
350,940
350,940		 2020
£
1,639
4,344
289,842
294,186
(22,384)
271,802
273,441
273,441
273,441		 2020
£
1,639
4,344
289,842
294,186
(22,384)
271,802
273,441
273,441
273,441
273,441
273,441
273,441

Th e b oar d o f t rus ees t are sa ti s fi e d th a t th e company i s en titl e d t o exemp ti on f rom th e requ remen i t to obtain an audit under section 477 of the Companies Act 2006 and that members have not required the company to obtain an audit in accordance with section 476 of the Act.

The board of trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Approved by the board of trustees on 27th September 2021

and signed on their behalf

Ms J. Gale

Mr B Treacher

The attached notes form part of the accounts

Page 13

St Mary's Eltham Community Centres Association Cash Flow Statement for the year ended 31 March 2021

St Mary's Eltham Community Centres Association
Cash Flow Statement
for the year ended 31 March 2021
Notes
Net cash generated from operating activities
13
Cash flows from investing activities
Interest received
3
Change in cash and cash equivalents in the period
Cash and cash equivalents brought forward
Cash and cash equivalents carried forward
Consisting of:
Cash at bank and in hand		 Total funds
2021
£
62,469
2,151
64,620
289,842
354,462
354,462		 Total funds
2020
£
(11,366)
2,374
(8,992)
298,834
289,842
289,842

The attached notes form part of the accounts

Page 14

St Mary's Eltham Community Centres Association Notes to the Accounts for the year ended 31 March 2021

1 Accounting policies

Basis of preparation of accounts

The financial statements have been prepared under the historical cost convention, and are in accordance the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.

Fund Accounting

Incoming resources

Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accouning periods or donors conditions have not been fulfilled, then income is deferred. The income from fees is recorded gross.

Grants receivable

Grants receivable are recorded on the accruals basis

Resources expended

Resources expended are included in the Statement of Financial Activities on an accruals basis , inclusive of any VAT which cannot be recovered .

Expenditure which is directly attributable to specific activities have been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of these resources.

Depreciation

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided on all fixed assets at rates calculated to write off the cost over their useful economic lives as follow:

Furniture and equipment

10% reducing balance

Governance costs

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examiner's fees and costs linked to the strategic management of the charity

Value added tax

Value added tax is not recoverable by the charity, and as such is included in the relevant cost in the Statement of Financial Activities

Pensions

The company operates a defined benefit contribution scheme operated by the Royal Borough of Greenwich. Under FRS 102 as this is a multi-employer scheme and it is not possible to identify the share of the underlying assets and liabilities belonging to the charity, the scheme is treated as a defined contribution pension scheme for the purposes of the accounts. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Page 15

St Mary's Eltham Community Centres Association Notes to the Accounts for the year ended 31 March 2021

Financial instruments

Basic financial assets and liabilities are initially recognised as the amount receivable or payable including any related transaction costs and subsequently under the effective interest method. There are no non-basic financial instruments

2 Grants receivable and donations

General (page 19)
3
Investment income
General (page 19)
4
Other incoming resources
General (page 19)
Media Resources (page 20)
5
Direct charitable expenditure
General (page 19)
Media Resources (page 20)
6
Governance costs
General (page 19)		 Restricted
funds
£
49,300
49,300
Restricted
funds
£
-
-
Restricted
funds
£
-
-
-
Restricted
funds
£
40,000
19
40,019
Restricted
funds
£
-
-		 Unrestricted
funds
£
218,632
218,632
Unrestricted
funds
£
2,151
2,151
Unrestricted
funds
£
22 313
,
-
22,313
Unrestricted
funds
£
174,278
-
174,278
Unrestricted
funds
£
600
600		 2021
£
267,932
267,932
2021
£
2,151
2,151
2021
£
22 313
,
-
22,313
2021
£
214,278
19
214,297
2021
£
600
600		 2020
£
40,000
40,000
2020
£
2,374
2,374
2020
£
192 690
,
-
192,690
2020
£
250,664
22
250,686
2020
£
600
600

Page 16

St Mary's Eltham Community Centres Association Notes to the Accounts for the year ended 31 March 2021

7 Net movement in funds for the year

The net movement is after charging:
Depreciation of tangible fixed assets
Independent Examiner's fee		 2021
£
163
600		 2020
£
183
600
Wages and salaries
Social security costs
Pension costs		 2021
£
165,178
7,784
24,312
197,274		 2020
£
179,057
10,516
25,352
214,925

The average weekly number of staff employed, calculated as full time equivalents during the year was as follows:

Direct charitable work
Governance		 2021
FTE
7
-
7		 2020
FTE
7
-
7

No employee received remuneration over £60,000 in the year.

Remuneration to key management personnel in the year amounted to £53,829 (2020 : £55,765)

9 Tangible fixed assets

Cost
At 1 April 2020
At 31 March 2021
Depreciation
At 1 April 2020
Charge for the year
At 31 March 2021
Net book value
At 31 March 2020
At 31 March 2021		 Furniture and
equipment
General
£
36,886
36,886
35,441
144
35,585
1,445
1,301		 Furniture and
equipment
Media
Resources
£
7,922
7,922
7,728
19
7,747
194
175		 Total
£
44,808
44,808
43,169
163
43,332
1,639
1,476

Page 17

St Mary's Eltham Community Centres Association Notes to the Accounts for the year ended 31 March 2021

**10 ** Debtors
2021 2020
£ £
Trade debtors 233 4,344
**11 ** Creditors : amounts falling due within one year
2021 2020
£ £
Trade creditors 4,481 5,179
Other taxes and social security costs - 3,488
Accruals 750 13,717
5,231 22,384
**12 ** Accumulated fund
2021 2020
£ £
At 1 April 2020 273,441 289,663
Retained surplus 77,499 (16,222)
At 31 March 2021 350,940 273,441
St. Mary's meets statutory obligations to hold minimum reserves to cover 3 months running
costs in the event of winding down the Association.
Accumulated fund 2020/21
Restricted Designated Unrestricted
Statutory reserves - 239 989
,		 -
Long Term Sickness Fund - 10,000 -
Development fund - 20,000 -
Fixed Assets - 1,476 -
Media Resources 175 - -
Friends of St Mary's - - -
General Reserve - general account balance 9,300 - 70,000
9,475 271,465 70,000
Accumulated fund 2019/20
Restricted Designated Unrestricted
Statutory reserves - 174,388 -
Long Term Sickness Fund - 10,000 -
Development fund - 20,000 -
Fixed Assets - 1,639 -
Media Resources 194 - -
Friends of St Mary's - - -
General Reserve - general account balance - - 67,220
194 206,027 67,220

Page 18

St Mary's Eltham Community Centres Association Notes to the Accounts for the year ended 31 March 2021

13 Reconciliation of net movements in funds to net cash flow from operating activities

Net movement in funds
Add back depreciation
Less interest received
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash generated from operating activities		 2021
£
77,499
163
(2,151)
4,111
(17,153)
62,469		 2020
£
(16,222)
183
(2,374)
(3,298)
10,345
(11,366)

Page 19

St Mary's Eltham Community Centres Association General Income and Expenditure account for the year ended 31 March 2021

Income from use of facilities and catering
Affiliation fees
Hire fees - affiliated
Hire fees - other
Catering income
Sundry income
Grants
Royal Borough of Greenwich core funding
Royal Borough of Greenwich business support
Royal Borough of Greenwich GNGF
HMRC Job Retention Scheme
Investment income
Interest receivable
Media Resources (page 20)
Total income
EXPENSES
Direct Charitable Expenses
Catering expenses
Wages and salaries
Pension costs
Staff travel
Water Rates
Light and heat
Cleaning
Telephone and fax
Stationery, postage and printing
Subscriptions
Sundry expenses
Property repairs
Repairs and maintenance
Depreciation
Insurance
Payroll fees
Advertising
Governance costs
Independent examiners fees
Total expenses
Surplus for year		 2021
£
165
1,153
20,605
-
390
22,313
40,000
107,924
9,300
110,708
267,932
2,151
(19)
2,132
292,377
-
172,962
24,312
799
2,596
4,610
917
1,138
488
38
151
112
1,545
144
2,720
681
1,065
214,278
600
600
214,878
77,499		 2020
£
3,385
36,567
146,687
3,980
2,071
192,690
40,000
-
-
-
40,000
2,374
(22)
2,352
235,042
1,358
189,573
25,352
652
2,830
14,567
2,988
1,067
666
38
1,212
664
3,627
161
2,720
564
2,625
250,664
600
600
251,264
(16,222)

Page 20

St Mary's Eltham Community Centres Association Media Resources Income and Expenditure account for the year ended 31 March 2021

Income
Direct Charitable Expenses
Depreciation
(Deficit) for year		 2021
£
-
19
19
(19)		 2020
£
-
22
22
(22)

Page 21