Charity number: 1087633
Company number: 04043414
(England and Wales)
ST MARY COMMUNITY HALLS COMMITTEE
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2020
ST MARY COMMUNITY HALLS COMMITTEE Contents Page For the year ended 31 December 2020
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 9 |
| Detailed Statement of Financial Activities | 10 to 11 |
ST MARY COMMUNITY HALLS COMMITTEE Report of the Trustees For the year ended 31 December 2020
The St Mary's Community Halls Committee have pleasure in presenting their report and the financial statements for the Community Halls for the year ended 31 December 2020. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
Structure Government & Management
The charity is formed as an incorporate company limited by guarantee on 31st July 2000. The Trustees Committee is responsible for the maintenance of the charity's activities and day to day running and meets regularly to carry out the charity's business.
Objectives & Activities
The principal activity of the charity is to provide a location for local organised, physical wellbeing activities.
The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
Achievements and Performance
2020 has been characterised by the effects of COVID 19. This has led to a drop of regular income because of the loss of hall hirers. This has meant that very little building works, apart from minimum upkeep of the hall, took place.
.
Financial Review
The statement of financial activities for the year of incoming resources of £50,514 and total outgoings of £65,792, giving a deficit for the year of (£15,278). An unrestricted reserves of 18,328 is carried forward.
The Trustees' annual report was approved on 2nd May 2021 and signed on behalf of the Board of Trustees by
Rev'd Robert Thompson (Chair/Vicar) Trustee
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity ST MARY COMMUNITY HALLS COMMITTEE Charity registration number 1087633 Company registration number 04043414 Principal address St Marys Vicarage 134a Abbey Road LONDON NW6 4SN
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Barbara Nedas Florence Yateley Bruce-Annan Charlotte Shin Rev'd Robert Thompson (Chair/Vicar)
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ST MARY COMMUNITY HALLS COMMITTEE Report of the Trustees Continued For the year ended 31 December 2020
Independent examiners
Emmanuel Mensah FMAAT
Ground Floor West Office 10 Nicholas House, River Front Enfield EN1 3TF
Approved by the Board of Trustees and signed on its behalf by
.............................................................................
Rev’d Robert Thompson (Chair/Vicar)
Trustee
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ST MARY COMMUNITY HALLS COMMITTEE Independent Examiners Report to the Trustees For the year ended 31 December 2020
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, 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 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 examiners 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 that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the 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
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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.
Emmanuel Mensah FMAAT Ground Floor West Office 10 Nicholas House, River Front Enfield EN1 3TF
Date: 5th May 2021
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ST MARY COMMUNITY HALLS COMMITTEE Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2020
| Notes Income and endowments from: Donations and legacies 2 Other trading activities 3 Other income 4 Total Expenditure on: Charitable activities 5/6 Total Net expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 11,423 38,685 406 50,514 (65,792) (65,792) (15,278) 33,606 18,328 |
2019 £ - 55,088 - |
|---|---|---|
| 55,088 | ||
| (60,814) | ||
| (60,814) | ||
| (5,726) 39,332 |
||
| 33,606 |
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Registered Number : 04043414
ST MARY COMMUNITY HALLS COMMITTEE
Statement of Financial Position
As at 31 December 2020
| Notes | 2020 | 2019 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Debtors | 11 | 60 | 60 |
| Cash at bank and in hand | 19,821 | 34,780 | |
| 19,881 | 34,840 | ||
| Creditors: amounts falling due within one year | 12 | (1,553) | (1,234) |
| Net current assets | 18,328 | 33,606 | |
| Total assets less current liabilities | 18,328 | 33,606 | |
| Net assets | 18,328 | 33,606 | |
| The funds of the charity | |||
| Unrestricted income funds | 13 | 18,328 | 33,606 |
| Total funds | 18,328 | 33,606 |
For the year ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
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with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Rev Robert Thompson Trustee
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ST MARY COMMUNITY HALLS COMMITTEE
Notes to the Financial Statements
For the year ended 31 December 2020
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Companies Act 2006.
ST MARY COMMUNITY HALLS COMMITTEE meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Unrestricted funds Grants received ncome earned from other activities Unrestricted funds Letting Income Other Income (Recharged Utilities) Nursery Income |
2020 £ 11,423 11,423 2020 £ 23,942 7,743 7,000 38,685 |
2019 £ - |
|---|---|---|
| - | ||
| 2019 £ 52,350 2,738 - |
||
| 55,088 |
3. Income earned from other activities
4. Other income
| ther income | ||
|---|---|---|
| Unrestricted funds Other Income |
2020 £ 406 406 |
2019 £ - |
| - |
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ST MARY COMMUNITY HALLS COMMITTEE Notes to the Financial Statements Continued For the year ended 31 December 2020
5. Costs of charitable activities by fund type
| Unrestricted funds Charitable Activities Support costs |
2020 £ 49,021 16,771 65,792 |
2019 £ 48,854 11,960 |
|---|---|---|
| 60,814 |
6. Costs of charitable activities by activity type
| Activities | Support | 2020 | 2019 | |
|---|---|---|---|---|
| undertaken | costs | |||
| directly | ||||
| £ | £ | £ | £ | |
| Support costs | ||||
| Charitable Activities | 49,021 | 16,771 | 65,792 | 60,814 |
7. Analysis of support costs
| nalysis of support costs | ||
|---|---|---|
| Charitable Activities: IT - Computer Utilities Insurance Printing, Post & Stationeries Donations Governance costs |
2020 £ 414 5,870 1,587 333 240 8,327 16,771 |
2019 £ 28 4,735 1,553 166 3,740 1,738 |
| 11,960 |
8. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Accountancy fees | 1,597 | 410 |
| Examiner's fees | 576 | 500 |
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ST MARY COMMUNITY HALLS COMMITTEE Notes to the Financial Statements Continued For the year ended 31 December 2020
9. Staff costs and emoluments
Total staff costs for the year ended 31 December 2020 were:
| Salaries and wages Social security costs |
2020 £ 16,163 171 16,334 |
2019 £ 5,667 - |
|---|---|---|
| 5,667 |
10. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activities are for unrestricted funds.
11. Debtors
| Amounts due within one year: Trade debtors Creditors: amounts falling due within one year Trade creditors Other creditors Accruals and deferred income |
2020 £ 60 60 2020 £ 334 143 1,076 1,553 |
2019 £ 60 |
|---|---|---|
| 60 | ||
| 2019 £ 334 400 500 |
||
| 1,234 |
12. Creditors: amounts falling due within one year
13. Movement in funds
Unrestricted Funds
| General General |
Balance at 01/01/2020 £ 33,606 33,606 |
Incoming resources £ 50,514 50,514 |
Outgoing resources £ (65,792) (65,792) |
Balance at 31/12/2020 £ 18,328 |
|---|---|---|---|---|
| 18,328 |
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ST MARY COMMUNITY HALLS COMMITTEE Notes to the Financial Statements Continued For the year ended 31 December 2020
Unrestricted Funds - Previous year
| General General Purpose of unrestricted Funds General General funds are for general charitable use. |
Balance at 01/01/2019 £ 39,332 39,332 |
Incoming resources £ 55,088 55,088 |
Outgoing resources £ (60,814) (60,814) |
Balance at 31/12/2019 £ 33,606 |
|---|---|---|---|---|
| 33,606 | ||||
| 14. Analysis of net assets between funds | ||
|---|---|---|
| Net current | Net Assets | |
| assets / | ||
| (liabilities) | ||
| £ | £ | |
| Unrestricted funds | ||
| General | ||
| General | 18,328 | 18,328 |
| 18,328 | 18,328 | |
| Previous year | ||
| Net current | Net Assets | |
| assets / | ||
| (liabilities) | ||
| £ | £ | |
| Unrestricted funds | ||
| General | ||
| General | 33,606 | 33,606 |
| 33,606 | 33,606 |
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ST MARY COMMUNITY HALLS COMMITTEE Detailed Statement of Financial Activities For the year ended 31 December 2020
| INCOME AND ENDOWMENT Donations and legacies Gov Grants - CJRS Other trading activities Income from Letting Income Income from Other Income (Recharged Utilities) Income from Nursery Income Other income Other Income Total incoming resources EXPENDITURE Charitable activities Direct Letting Charitable Activity Staff costs - wages & salaries Staff costs - social security costs Rates & Water Repairs & Maintenance Deposit Refund Hall Administration Subscriptions Other Office Costs SUPPORT COSTS IT - Computer IT - Computer Utilities Utilities Insurance Insurance Printing, Post & Stationeries Printing, Post & Stationeries Donations Donations |
2020 £ 11,423 11,423 23,942 7,743 7,000 38,685 406 406 50,514 - (16,163) (171) (20,000) (3,640) (1,275) (3,500) (120) (4,152) (49,021) (414) (414) (5,870) (5,870) (1,587) (1,587) (333) (333) (240) (240) |
2019 £ - |
|---|---|---|
| - 52,350 2,738 - |
||
| 55,088 - |
||
| - | ||
| 55,088 (843) (5,667) - (20,000) (22,344) - - - - |
||
| (48,854) (28) |
||
| (28) (4,735) |
||
| (4,735) (1,553) |
||
| (1,553) (166) |
||
| (166) (3,740) |
||
| (3,740) |
Governance costs
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ST MARY COMMUNITY HALLS COMMITTEE Detailed Statement of Financial Activities Continued For the year ended 31 December 2020
| Accountancy fees Independent Examiners Fees Other Premises Costs Telephone & Internet Total resources expended Net Expenditure |
(1,597) (576) (5,712) (442) (8,327) (65,792) (15,278) |
(410) (500) - (828) |
|---|---|---|
| (1,738) | ||
| (60,814) | ||
| (5,726) |
11 of 11 This page does not form part of the statutory financial statements