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2022-01-31-accounts

REGISTERED COMPANY NUMBER: 04329669 (England and Wales) REGISTERED CHARITY NUMBER: 1090544

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 January 2022

for

Wickham Community Association

Maximus Accountancy Services Limited 47 Kensington Road Chichester West Sussex PO19 7XS

Wickham Community Association

Contents of the Financial Statements for the Year Ended 31 January 2022

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9 to 10
Notes to the Financial Statements 11 to 19

Wickham Community Association

Reference and Administrative Details for the Year Ended 31 January 2022

TRUSTEES David Evans (resigned 7.3.2021)
Katherine Short
John Morton (resigned 19.4.2021)
Susan Roger-Jones
David Roger-Jones
Ben Sawyers
Kate Turnbull (resigned 26.4.2021)
Benjamin Warwick
Roger Stuart Martin (resigned 18.3.2021)
Barry Sean Irwin (appointed 19.4.2021) (resigned 14.12.2021)
Katie Mattingly (appointed 5.7.2021)
Virginia Smith (appointed 7.4.2022)
REGISTERED OFFICE Mill Lane
Wickham
Hampshire
PO17 5AL
REGISTERED COMPANY 04329669 (England and Wales)
NUMBER
REGISTERED CHARITY 1090544
NUMBER
INDEPENDENT EXAMINER Maximus Accountancy Services Limited
47 Kensington Road
Chichester
West Sussex
PO19 7XS
SOLICITORS Knight Polson
4 Leigh Road
Eastleigh
SO50 2NE
BANKERS Lloyds Bank
43 West Street
Fareham
PO16 0BE

Page 1

Wickham Community Association (Registered number: 04329669)

Report of the Trustees

for the Year Ended 31 January 2022

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 31 January 2022. 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

Our aims are:

The objectives of the association are:

Wickham Community Association is committed to:

Wickham Community Centre is home to Wickham Community Association and aspires to be the hub of the community for everyone in the Parish of Wickham and surrounding areas.

Page 2

Wickham Community Association (Registered number: 04329669)

Report of the Trustees for the Year Ended 31 January 2022

ACHIEVEMENT AND PERFORMANCE Charitable activities

Challenges

This report has to be written in the context of the second year of a national lockdown due to the Covid 19 pandemic. At the beginning of our financial year (1 February 2021) the country was still in total lockdown and the Community Centre was being run by the Trustees, with the staff mostly on furlough, to support the limited use of the Centre.

On 22 February 2021, the Government published a 'Roadmap' of steps to ease the restrictions leading to some form of normality by the middle of the year. This was accompanied by an ongoing programme of mass inoculation. This enabled the Community Centre to officially reopen to the public from 12 April 2021, but in a very cautious manner. We wanted people to feel confident that they were safe and even then, we did not encourage the vulnerable groups to reassemble.

Even during the lockdown, the Centre was made available for training sessions for the Police and various health related bodies and children's special need services. We also opened the Wickham Community Pantry to tackle food poverty and other projects in support of the community, which will be reported in the section on Community Benefit.

Overall, the Government's roadmap worked. The vaccine programme was rolled out and the country enjoyed a period of relative freedom. However, by the Autumn the threat of further infections and variants meant that more caution was needed. At the turn of 2021-22 the delta variant was followed by omicron, a very contagious but weaker virus than the previous versions. People got used to self-testing, isolation and wearing masks.

Throughout the period, the Community Association continued to take every opportunity to be innovative, to improve the Centre and to expand its service to the community.

Performance

Covid had its benefits. Running the Centre, use of the bookings administration and accounts were all at a low point, which enabled us to reconsider the operational side of the business.

For years our bookings were kept on a spreadsheet which covered all 11 letting spaces for three sessions a day for a whole year. It was big and it worked in a clunky sort of way but it was labour intensive and behind the times. We needed to move to an online system that included invoicing and analysis. There are a number of programs to choose from, they are mostly based on hotel and restaurant management and can be adapted to a community centre but all of them are expensive for a small business. The main contender, designed for community centres, was Avalon Bookings Manager to which, whilst the Centre was quiet, we transferred our bookings. Now we have had a year's experience, we realise that it too has its drawbacks and we are looking for a replacement program.

Similarly, our accounting was managed on a PC based Sage program. It too needed to go online but the Sage version was over comprehensive and really needed an accountant to manage it. Our Treasurer, John Morton who was very familiar with Sage, wanted to retire and we needed a program that was both user friendly and could accommodate charity accounts. As from 1 February 2021 we transferred our accounts to the Xero program which, we know, meets our requirements. It has open access to the Trustees and interested parties. It accounts for charity grants and is easy to understand. However, the changeover has not been without its problems in that the transfer of information from Sage to Xero was not faultless and without a trained accountant in the background, we have struggled to learn the disciplines of bookkeeping.

Finance

For two years, the unknown effects of the pandemic made it very difficult to produce and follow a budget. In addition, we have changed our business model to concentrate more on community support programmes. These have been reliant on grant funding to get them going but also have produced a modest income stream. So, for two years our income and expenditure has been completely different to what was a normal year and we are having to learn to build a new sustainable model.

Page 3

Wickham Community Association (Registered number: 04329669)

Report of the Trustees for the Year Ended 31 January 2022

The current indicators are that our room hire business is exceeding 2019 but the catering and bar income is suffering. Of the community projects, the Community Pantry is underfunded and if it is to survive will need extra support. We are working on alternative business opportunities which should make up at least some of the losses but we are keeping an eye on potential increases in overheads and we recognise that the government support strategy is coming to a close, so we need to work hard on sustainability. However, to date, the Government support grants have been invaluable and the final surplus including grants is £23,761, with the result that our liquid assets will support us for a time to enable us to become sustainable in the new, post pandemic, era.

Trustees and Management

The pandemic made a lot of people review their lifestyles and priorities. The Community Association also made some fundamental changes in its management procedures all of which led to a number of changes at Trustee level.

Our Chair, Angela Clear, had resigned in December 2020 and was succeeded by Trustee Kat Short (née Lemon). Dave Evans resigned on 7 March 2021, shortly followed by Roger Martin on 18 March 2021.

As reported, Treasurer John Morton resigned on 19 April 2021, to be replaced by Barry Irwin. On the same date, Katy Turnbull resigned. Katie Mattingly was appointed to the Board on 5 July 2021.

Unfortunately, Barry Irwin's increased business commitments led to his resignation as Treasurer on 8 December 2021. We advertised for an Honorary Treasurer and Ginny Smith offered her services and was appointed as a Trustee on 7 April 2022. This gap caused a delay in preparing the annual accounts and in consequence, we have had to delay the Annual General Meeting to July.

At the end of the financial year, we had six trustees and have held monthly meetings by Zoom, with occasional ones in person.

The management of the Centre has continued under Kate English who has a staff of two administrators and three caretakers.

It was with deep regret that we learned of the demise of Jan Langford who, after a short illness, died on 28 December 2021. Officially, Jan was our Administrative Assistant but in fact much more than that. Her experience in administration and a calm pleasant manner won the hearts of colleagues and visitors alike. We are learning to be without her.

Our weekend caretaker, Len Cook retired in October 2021 and, although we have increased the hours of Jan Holden, currently we are understaffed in caretaking and administrative services.

Building Improvements

During the year we continued to make general improvement to the building.

We managed to secure a grant from the Veolia Trust to replace all the external doors and windows, which has made a real difference to the building's appearance and heat retention. We had a decorator to redecorate most of the rooms, which helped to give the whole place a lift, ready for when we could reopen our doors. We also have funding from the Community Infrastructure Levy to completely refurbish the kitchen facilities which will be completed in the 2022-23 year

Community Benefit

As has been reported, the covid pandemic has affected everybody's lives and the Community Association has done its best to react appropriately.

Our Manager, Kate English, with trustees Kat Short and Katie Mattingly, has spearheaded a scheme to give a helping hand to families that are struggling to make ends meet. With funding from a number of sources, mostly connected to Government initiatives, they have set up the Wickham Community Pantry and a Community Fridge. The projects are designed to reduce food waste by collecting short dated provisions from supermarkets and shops. This is supplemented by buying in goods that are needed but tend to fall off the shopping list, like toilet rolls and sanitary products, meat and cheese. Pantry customers pay £5 per visit but are guaranteed to receive at least £15 of goods, plus fresh fruit and vegetables. A Community Fridge is linked to the Pantry and is open to everyone to contribute and exchange surplus food and supplies. The Pantry regularly supports 60 families and the Fridge turned over 1,500 kg of food.

Page 4

Wickham Community Association (Registered number: 04329669)

Report of the Trustees for the Year Ended 31 January 2022

We have resumed the monthly Lunch Club for the over 55's and have a Community Garden project running. We also have funding for a cooking school which will be set up as soon as the new kitchen is installed.

Over the pandemic period there has been a change in charities that use the Community Centre as a base. At the beginning we accommodated an outstation of the Chestnut Tree House children's hospice service but the offices had to be used as a store for soft furnishings and the outstation idea was terminated as soon as the furniture could return to the hospice.

Homestart Meon Valley became absorbed into Homestart Hampshire, with a consequence that their office in the Centre became redundant. However, as soon as there was a prospect of returning to normality Homestart wanted to return to us and we were pleased to welcome them back, to take over both of our office areas.

Citizens Advice have been able to link with the Community Pantry, to provide a weekly consultative service.

We also worked with Meon Valley Food Bank, to enable them to have a permanent base in the Centre. The overall result is that we are able to support families in Wickham and the surrounding parishes. The Centre is beginning to buzz again.

The trustees confirm that they have had due regard to the Charity Commission's guidance on public benefit

Conclusion

We concluded the 2020-21 report by saying '2021 will be different and we have not lost time in preparing ourselves to be alive to the new need and being active in meeting it.' We believe that we are making the transition to a 'new normal' and have the financial resources to do so, all assuming that the coronavirus does not return with a new debilitating version.

We live in hope.

FINANCIAL REVIEW

Financial position

In the year under review the charity made a surplus of £23,761 (2021 £30,762) which increased reserves. The charity now holds reserves of £620,940 (2021 £597,179) which include free reserves (excluding fixed assets used for charitable purposes and restricted funds) of £139,591(2021 £122,912).

Reserves policy

The Association's reserve policy is to hold sufficient liquid unrestricted reserves to enable it to:

The reserves policy is reviewed annually. For the year 2020-21 it remained at £56,000.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Wickham Community Association is a charitable company limited by guarantee. Its objects, powers and other constitutional matters are set out in its most recent Memorandum and Articles of Association, approved by the members on 17 July 2016,

Its objects are to promote the benefits and improve the conditions of life for the inhabitants of Wickham and district by:

In the attainment of the above objects the charity shall be non-party in politics and non-sectarian in religion.

Page 5

Wickham Community Association (Registered number: 04329669)

Report of the Trustees for the Year Ended 31 January 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

The trustees hold Focus Day workshops, to which members of the community are also invited to look at the aims and objectives of the Association and how they can be met. The workshops include a skills analysis of the trustees from which the strengths and weaknesses of the Board is examined. Trustees are then charged with finding new members from the area of benefit to stand on the Board.

Elections are held annually having regard to the Charity Commission's guidance CC30 "Finding New Trustees". Provision is made for co-option during the year. There is no declared size for the Board of Trustees but the preferred balance is 12 to 15 members. At the end of the financial year there were six members.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 13 July 2022 and signed on its behalf by:

David Roger-Jones - Trustee

Page 6

Independent Examiner's Report to the Trustees of Wickham Community Association

Independent examiner's report to the trustees of Wickham Community Association ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2022.

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:

  1. 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

  2. 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

  3. 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.

Hilary Julian BA FCA DChA Maximus Accountancy Services Limited 47 Kensington Road Chichester West Sussex PO19 7XS

4 August 2022

Page 7

Wickham Community Association

Statement of Financial Activities

(Incorporating an Income and Expenditure Account) for the Year Ended 31 January 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
35,490
Charitable activities
Room hire, clubs and related income
104,037
Other income from charitable activities
4,652
Community pantry
10,318
Other trading activities
3
9,681
Investment income
4
9
Total
164,187
EXPENDITURE ON
Raising funds
6,012
Charitable activities
Room hire, clubs and related income
916
Administration costs
89,873
Establishment costs
57,712
Support costs
3,938
Community garden
501
Community pantry
8,293
Community fridge
-
Total
167,245
NET INCOME/(EXPENDITURE)
(3,058)
Transfers between funds
14
32,128
Net movement in funds
29,070
RECONCILIATION OF FUNDS
Total funds brought forward
582,947
TOTAL FUNDS CARRIED FORWARD
612,017		 Restricted
funds
£
58,835
-
-
-
-
-
58,835
-
-
748
389
-
485
29,000
1,394
32,016
26,819
(32,128)
(5,309)
14,232
8,923		 2022
Total
funds
£
94,325
104,037
4,652
10,318
9,681
9
223,022
6,012
916
90,621
58,101
3,938
986
37,293
1,394
199,261
23,761
-
23,761
597,179
620,940		 2021
Total
funds
£
132,541
45,892
847
-
12,313
152
191,745
8,118
300
88,301
59,804
3,721
739
-
-
160,983
30,762
-
30,762
566,417
597,179

The notes form part of these financial statements

Page 8

Wickham Community Association (Registered number: 04329669)

Balance Sheet

31 January 2022

Notes
FIXED ASSETS
Tangible assets
9
CURRENT ASSETS
Stocks
10
Debtors
11
Cash at bank
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
472,426
1,264
38,047
107,943
147,254
(7,663)
139,591
612,017
612,017		 Restricted
funds
£
-
-
-
8,923
8,923
-
8,923
8,923
8,923		 2022
Total
funds
£
472,426
1,264
38,047
116,866
156,177
(7,663)
148,514
620,940
620,940
612,017
8,923
620,940		 2021
Total
funds
£
460,035
1,299
18,394
128,241
147,934
(10,790)
137,144
597,179
597,179
582,947
14,232
597,179

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 9

Wickham Community Association (Registered number: 04329669)

Balance Sheet - continued

31 January 2022

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 13 July 2022 and were signed on its behalf by:

Virginia Smith - Trustee

The notes form part of these financial statements

Page 10

Wickham Community Association

Notes to the Financial Statements for the Year Ended 31 January 2022

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.

Income from room hire, events and activities is recognised in the accounting period in which the relevant activity occurs and is deferred to the extent to which it relates to activities which will take place in future accounting periods.

Income from grants is recognised when the charity has received written confirmation of the offer of funding or when any conditions relating to the grant have been met.

Income from donations is recognised when it is received.

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.

Freehold property - 2% on cost Plant and machinery - 20% on reducing balance Fixtures and fittings - 33% on cost

Tangible fixed assets other than freehold land are stated at cost less depreciation and provisions for permanent diminution in value. Items costing over £1,000 (previously £250) are capitalised when they have an estimated useful life of more than one year.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

continued...

Page 11

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Winchester City Council
Wickham Parish Council
Community Business Trade Up Programme
Hampshire County Council
Coronavirus Job Retention Scheme
National Gardens
Local Restrictions Support Grant
Closed Business Lockdown Payment
C-19 Emergency Trading Income Support Scheme
Covid Emergency Assistance (Community Pantry)
Retail, Hospitality and Leisure Grant
Neighbourly Community fund (Community Pantry)
Restart Grant
Hampshire & Isle of Wight Community Fund (Cookery Classes)
Veolia Grant for Windows
Society of St James (Community Pantry)
The Arnold Clark Community Fund (Community Pantry)		 2022
£
5,247
89,078
94,325
2022
£
500
-
-
16,980
16,530
-
3,143
-
-
-
-
1,000
12,967
4,080
30,378
1,000
2,500
89,078		 2021
£
406
132,135
132,541
2021
£
-
6,500
8,000
3,110
39,311
1,000
5,714
6,000
25,000
12,500
25,000
-
-
-
-
-
-
132,135

The grant from Winchester City Council was towards upgrading the WiFi at the Centre. Hampshire County Council provided grants totalling £4,980 for the Community fridge, and £12,000 for the Community pantry.

3. OTHER TRADING ACTIVITIES

Function services
Solar panels		 2022
£
5,170
4,511
9,681		 2021
£
6,220
6,093
12,313

continued...

Page 12

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

4. INVESTMENT INCOME

INVESTMENT INCOME
2022 2021
£ £
Deposit account interest 9 152
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2022 2021
£ £
Depreciation - owned assets 17,366 17,055
Deficit on disposal of fixed assets 3,678 -

5. NET INCOME/(EXPENDITURE)

Net expenditure for the year includes £1,200 payable to the independent examiner (2021 £1,200).

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2022 nor for the year ended 31 January 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2022 nor for the year ended 31 January 2021.

7. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Community Centre staff		 2022
£
79,414
1,237
1,051
81,702
2022
8		 2021
£
80,738
1,289
1,060
83,087
2021
8

No employees received emoluments in excess of £60,000.

continued...

Page 13

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
101,431
Charitable activities
Room hire, clubs and related income
45,892
Other income from charitable activities
847
Other trading activities
12,313
Investment income
152
Total
160,635
EXPENDITURE ON
Raising funds
7,858
Charitable activities
Room hire, clubs and related income
300
Administration costs
87,100
Establishment costs
53,421
Support costs
3,721
Community garden
-
Total
152,400
NET INCOME
8,235
Transfers between funds
10,491
Net movement in funds
18,726
RECONCILIATION OF FUNDS
Total funds brought forward
564,221
TOTAL FUNDS CARRIED FORWARD
582,947		 Restricted
funds
£
31,110
-
-
-
-
31,110
260
-
1,201
6,383
-
739
8,583
22,527
(10,491)
12,036
2,196
14,232		 Total
funds
£
132,541
45,892
847
12,313
152
191,745
8,118
300
88,301
59,804
3,721
739
160,983
30,762
-
30,762
566,417
597,179

continued...

Page 14

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

9. TANGIBLE FIXED ASSETS

COST
At 1 February 2021
Additions
Disposals
At 31 January 2022
DEPRECIATION
At 1 February 2021
Charge for year
Eliminated on disposal
At 31 January 2022
NET BOOK VALUE
At 31 January 2022
At 31 January 2021
Freehold property includes £50,000 in respect of the
10.
STOCKS
Stocks
11.
DEBTORS
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
Amounts falling due after more than one year:
Other debtors
Aggregate amounts		 Freehold
Plant and
property
machinery
£
£
608,075
92,003
31,685
1,750
-
(41,480)
639,760
52,273
174,434
67,900
11,795
4,289
-
(37,802)
186,229
34,387
453,531
17,886
433,641
24,103
land, which is not depreciated.		 Fixtures
and
fittings
£
29,118
-
(8,726)
20,392
26,827
1,282
(8,726)
19,383
1,009
2,291
2022
£
1,264
2022
£
14,072
5,000
18,975
38,047
-
38,047		 Totals
£
729,196
33,435
(50,206)
712,425
269,161
17,366
(46,528)
239,999
472,426
460,035
2021
£
1,299
2021
£
4,189
5,000
4,205
13,394
5,000
18,394		 Totals
£
729,196
33,435
(50,206)
712,425
269,161
17,366
(46,528)
239,999
472,426
460,035
2021
£
1,299
2021
£
4,189
5,000
4,205
13,394
5,000
18,394

Debtors falling due after more than one year relate to exceptional income arising from the sale of land access rights during the year ended 31 January 2012. Of the total exceptional income of £100,000, £50,000 was received during the year ended 31 January 2012 with the remainder being payable in 10 equal annual instalments commencing in April 2013.

Page 15

continued...

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income		 2022
£
-
1,358
1,479
4,826
7,663		 2021
£
5,299
2,261
1,730
1,500
10,790

13. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2022
£
2,026
2,959
4,985		 2021
£
562
-
562

Lease payments amounting to £562 have been recognised as an expense during the year.

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Community Garden
Lighting Upgrade
Community Business Trade Up
Community Pantry
Community Fridge
Cookery Classes
Defibrillator
Windows Upgrade
TOTAL FUNDS		 At 1.2.21
£
582,947
780
389
563
12,500
-
-
-
-
14,232
597,179		 Net
movement
in funds
£
(3,058)
477
(389)
(563)
(12,500)
3,586
4,080
1,750
30,378
26,819
23,761		 Transfers
between
funds
£
32,128
-
-
-
-
-
-
(1,750)
(30,378)
(32,128)
-		 At
31.1.22
£
612,017
1,257
-
-
-
3,586
4,080
-
-
8,923
620,940

Page 16

continued...

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Community Garden
Lighting Upgrade
Community Business Trade Up
Community Pantry
Community Fridge
Cookery Classes
WiFi Upgrade
Defibrillator
Windows Upgrade
TOTAL FUNDS		 Incoming
resources
£
164,187
647
-
-
16,500
4,980
4,080
500
1,750
30,378
58,835
223,022		 Resources
Movement
expended
in funds
£
£
(167,245)
(3,058)
(170)
477
(389)
(389)
(563)
(563)
(29,000)
(12,500)
(1,394)
3,586
-
4,080
(500)
-
-
1,750
-
30,378
(32,016)
26,819
(199,261)
23,761		 Resources
Movement
expended
in funds
£
£
(167,245)
(3,058)
(170)
477
(389)
(389)
(563)
(563)
(29,000)
(12,500)
(1,394)
3,586
-
4,080
(500)
-
-
1,750
-
30,378
(32,016)
26,819
(199,261)
23,761
26,819
23,761

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Community Garden
Lighting Upgrade
Community Business Trade Up
Cooker Replacement
Community Pantry
TOTAL FUNDS		 At 1.2.20
£
564,221
-
389
1,807
-
-
2,196
566,417		 Net
movement
in funds
£
8,235
780
-
4,637
4,610
12,500
22,527
30,762		 Transfers
between
funds
£
10,491
-
-
(5,881)
(4,610)
-
(10,491)
-		 At
31.1.21
£
582,947
780
389
563
-
12,500
14,232
597,179

continued...

Page 17

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Community Garden
Community Business Trade Up
Vents Upgrade
Cooker Replacement
Community Pantry
TOTAL FUNDS		 Incoming
resources
£
160,635
1,000
8,000
5,000
4,610
12,500
31,110
191,745		 Resources
Movement
expended
in funds
£
£
(152,400)
8,235
(220)
780
(3,363)
4,637
(5,000)
-
-
4,610
-
12,500
(8,583)
22,527
(160,983)
30,762		 Resources
Movement
expended
in funds
£
£
(152,400)
8,235
(220)
780
(3,363)
4,637
(5,000)
-
-
4,610
-
12,500
(8,583)
22,527
(160,983)
30,762
22,527
30,762

The Community Garden fund consists of grants and donations received towards the cost of establishing and maintaining a community garden at the Centre.

The Lighting Upgrade fund was a grant received towards replacing the lighting at the Centre with more environmentally efficient units. The balance of the grant was spent during the year ending 31 January 2022.

The Community Business Trade Up fund consisted of grants to assist with increasing the income of the Centre. The balance of the fund was spent during the year ended 31 January 2022.

The Ventilation Upgrade and Cooker Replacement funds consisted of grants received for specific projects and were spent in the year ended 31 January 2021.

The Community Pantry fund consists of grants and donations towards the cost of a scheme to provide support to people who are struggling to afford food and other essentials.

The Community Fridge fund consists of grants to support the cost of a scheme where surplus food is made available to people who can make use of it.

The Cookery Classes fund is a grant from Hampshire & Isle of Wight Community Fund towards the cost of running cookery classes for local people.

The WiFi fund was a grant from Winchester City Council towards the cost of improving the WiFi at the Centre and was spent during the year.

The Defibrillator fund consists of donations towards the cost of a defibrillator and was spent during the year.

The Windows Upgrade fund was a grant from Veolia towards improving and replacing windows at the Centre and was spent during the year.

Transfers between funds

Transfers between funds are restricted funds which have been spent, in accordance with the relevant restriction, on fixed assets that are for general use in accordance with the charity's objects. Such funds are treated as unrestricted, once expended, in accordance with the requirements of the Charities SORP.

continued...

Page 18

Wickham Community Association

Notes to the Financial Statements - continued for the Year Ended 31 January 2022

15. RELATED PARTY DISCLOSURES

During the year the Centre made payments totalling £7,197 to Katie Mattingly Project Services. Katie Mattingly subsequently became a trustee of the charity.

There were no other related party transactions during the year.

Page 19