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2021-03-31-accounts

ry
to count votes as the trustee official posts were not con
minations
for positions ofnustee members
did not exceed
by the constitution
so meant avote was not required.
tested
an
the
Action
WELCOME. In the absence ofthe Chairperson,
Val
Robinson, Sue proposed that the meeting
delegated
Becky Lord to chair the meeting. This was agreed and
Becky welcomed
all to the meeting
and checked that
everyone had received by email the Agenda,
draft
minutes ofthe last AGM and the financial
statements.
Becky then read out the drati minutes ofthe last AGM.
APOLOGIKS.
Victoria Powell, Linda Watson, Linda
Stevenson
MINUTES OFTHE LAST MEETING. The minutes
ofthe last annual
general meeting were approved.
MATTERS ARISING. There were no matters
arising.
PRESENTATION OFTHE FINANCIAL
STATKMKNTS FOR THK YEAR ENDED 31
MARCH 2020.Chris Peck the Treasurer referred to
Page 8 ofthe Financial
Statements
and reminded
the
meeting that up to 31March 2020 itwas anormal year.
We had approximately
a 5%increase in grants (about
f6000)compared
with last year and expenditure
was up
by 2% mainly
due to equipment/renewals.
Terri
confirmed that this was a grant and expenditure
for
equipment
renewals.
Chris stated that the surplus for the
last year Income v Outgoings
was f5000 and said this
was very good as the estimates for this year had been
done 5 years ago. Well done to Teni and Sue for being
on target. As at 31March 2020 we had f85,000 in our
reserves account and about f40,000 in the current
account —atotal off.125,000.To bring us up to date
since the year end, it has not been anormal time. The
Lottery funding
ended on 30June but a supplementary
grant fiom the Lottery ofover f35,000 was obtained to
take us to 31December 2020.Furthermore,
agrant of
nearly f2000 was awarded
by Active Nottingham
to
help us keep our classes open through
hiring larger
venues, buying PPE and equipment.
Currently
the
money in the banks remains at f.85000 (plus interest)
and 560,000 in the current account. Therefore, the
financial position is encouraging.
We will need to make
afurther application to funders (Lottery) in November
when it is hoped bidding will resume. However,
we
have reserves to keep us afloat for ayear ifLottery
funding
is not accepted. The meeting
approved
the
accounts as presented.
NOMINATIONS
FOR CORK KXKCUTIVK
COMMITTKK FOR2020/2L Terri inn oduced
Norman Lord who has agreed to be nominated
as
Chairman.
Norman
said he had spoken to Val who
wishes to retire as chairperson.
Noiman has asound
business background,
has participated
in CORE
activities and is supportive ofits aims.
The Trustees —officials and members
were all elected
unopposed
as follows:
Norman Lord
Chairperson
Val Robinson
Vice-chairperson
Chris Peck
Treasurer
Amelia Caulton
Secretary
Stuart Draycott
Trustee
Roy Walker
Trustee
Eva Atkin
Trustee
Linda Watson
Trustee
Pat Bosworth
Trustee
Sharon Spooner had been nominated
and seconded as a
Trustee but had not confirmed
at the time ofthe meeting
whether
she is willing to stand. We are waiting
confiimation.
QUESTIONS AND COMMENTS FROM THK
FLOOR. Tim conimented
that CRThad allowed extra
funding
(another f4700 on top ofthe current f.10000)
for the Job Club to extend hours and continue
up to 31
March 2021.We had been selected by CRT as a model

for the year ended 31 M arch 2021
2020 202t
Total Unrestricted Restricted Total
Funds Funds Funds Funds
F Note E F
Receipts
5139 Activities contributions 45 45
171 Bank interest 1964 1964
1155 Fundraising
105273 Grants 8 donations 2 19964 68512 88476
3156 Rent income
1742 Sales &fees 220 220
3
116639
Sundry receipts
Total receipts
22193 68512 90705
Payments
1308 Advertising
8 promotions
467 200 667
1892
17475
Cleaning
CORE Run Course costs
437
413
1020
14975
1457
15388
11258 Equipment,
repairs & renewals
661 2119 2780
Independent
examination
900 900
2217 Insurance 2271 2271
88 Payroll service
4394 Premises
maintenance
1209 3693 4902
1261
249
Printing
8 stationery
Professional fees
82 457
458
539
458
12720 Rent & room hire 3180 9760 12940
1152 Sundry expenditure 626 67 693
1253
1027
Telephone,
internet 8 postage
Training
8,conference
227
161
1077
449
1304
610
Travel 8 subsistence 13 131 144
1666 Utilities 307 1001 1308
44006
101966
Wages, NI8 pension
Total payments
8029
15812
39504
78082
47533
93894
14673 Net receipts/(payments) 6381 (9570) (3189)
110075 Cash funds at start ofthis period 84767 39981 124748
Transfers between funds 21762 ~21762
124748 Cash funds at end ofthis period 112910 8649 121559

Grants
&donati
ons
Unrestrictedf Restricted
6
Total
6
National
Lottery
Community Fund 57700 57700
Coalfields Regeneration Trust 4760 4760
Co-op Local Community Fund 2146 2146
Sport England 1560 1560
Active Partners Trust 1770 1770
Gedling
Borough Council
13844 576 14420
Notts Community Foundation -The Wheatcrott Fund 5000 5000
Persimmon
Homes
1000 1000
Sundry grants 8 donations 120 120
19964 68512 88476

Funds a naly sis
Opening Receipts (Payments) Transfers Closing
balance balance
F
Restricted funds
Running costs 28466 57700 (63689) (22477)
Job Club 9213 4760 (11285) 2688
Community activities 1802 2146 (379) 3569
Hearing Together 500 (100) 400
Covid 19Return to Play 1560 1560
Training 576 (144) 432
Tackling Inequalities 1770 ~2485 715
39981 68512 (78082) (21762) 8649
Unrestricted funds
General 84767 22198 ~I5812 21762 112916
84767 22193 (15812) 21762 112910

E
Advertising 5 promotions 69
Insurance 585
Premises
maintenance
1209
Rent 3180
5043
Creditors
E
Independent examination fee 900
Payroll service 113
Wages,
Nl
8 pension - HMRC 158
1171