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2021-03-31-accounts

Page
Company
Information
Report ofthe Directors
Chartered
Accountants'
Report
Abridged
Income Statement
Abridged
Balance Sheet
Notes tothe Financial Statements
Detailed Income and Expenditure Account

REGISTERED OFFICE: Dove Workshop
Banwen Community Centre
Roman Road, Banwen
Neath
SA10 9LW

FOR THE YEAR ENDED 31MARCH 2021
2021 2020
Notes f E
GROSS SURPLUS 141,728 154,152
Administrative
expenses
135,008 146,149
OPERATING SURPLUS and
SURPLUS BEFORETAXATION 6,720 8,003
Tax on surplus 981 1,348
SURPLUS FOR THE FINANCIAL YEAR 5,739 6,655

ABRIDGED BALANCE SHEET
31MARCH 2021
2021 2020
Notes
FIXEDASSETS
Tangible assets 349,559 379,117
CURRENT ASSETS
Debtors 6,692 4,537
Cash at bank 5,355 1,490
12,047 6,027
CREDITORS
Amounts
falling due within one year
62,734 63,807
NET CURRENT LIABILITIES (50,687) (57,780)
TOTAL ASSETS LESSCURRENT LIABILITIES 298,872 321,337
ACCRUALS AND DEFERRED INCOME 342,820 371,024
NET LIABILITIES (43,948) (49,687)
RESERVES
Income and expenditure account (43,948) (49,687)
(43,948) (49,687)

TANGIBLE FIXEDASSETS
Totals
E
COST
At 1April 2020 741,366
Additions 3,766
At 31March 2021 745,132
DEPRECIATION
At 1April 2020 362,249
Charge for year 33,324
At 31March 2021 395,573
NET BOOK VALUE
At 31March 2021 349,559
At 31March 2020 379,117

Minimum
lease payments
under non-cancellable
operati
ng
leases fall due as follows:
2021 2020
f E
Within one year 857 1,715
Between one and five years 857
857 2,572

2021 2020
Income 55,041 110,452
Other income
Rents received 7,095 7,095
Sundry receipts 3,294 3,255
HMRC furlough receipts 38,698
Government
grants
(Revenue) 3,000 1,948
Government
grants
(Capital) 34,600 31,402
86,687 43,700
141,728 154,152
Expenditure
Light and heat (5)
Contribution
to
overheads 4,800
Wages &social security 88,209 93,394
Pensions 1,190 1,337
Leasing ofequipment 1,715 1,715
General administration 1,224 1,518
Post, stationery &adverts 118 18
Repairs and renewals 2,585 1,961
Household
and
cleaning 1,368 1,730
Creche supplies 2,466 4,613
Accountancy
fees
2,520 2,520
Legal &professional fees 208 296
101,598 113,902
40,130 40,250
Finance costs
Bank charges 86 179
Carried forward 40,044 40,071

DETA ILED INCOME AND EXPENDITURE
FOR THE YEAR ENDED 31MARCH
ACCOUNT
2021
2021 2020
E
Brought forward 40,044
Depreciation
Short leasehold 29,301 29,301
Fixtures and fittings 4,023 2,767
33,324
NET SURPLUS 6,720