##
|For the period: I"April 2020 to 31"March|2021||
|---|---|---|
|Contents:||Pages:|
|Directors Annual
Report|||
|Reference and Administrative
Details||2-3|
|Structure Governance
and Management|||
|Objectives and Activities|||
|Achievements
and Performance||6-7|
|Financial Review||7-9|
|Exemption
from Disclosure|||
|Funds held as Custodian
Trustee|||
|Other Information||9-11|
|Statement ofRoles and Responsibilities||12|
|Independent
Auditor's
Report||13-15|
|Statement ofFinancial Activities||16|
|Incorporating
an Income and Expenditure|Account||
|Balance Sheet||17|
|Notes to the Financial
Statements||18-25|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|Incoming
Resources|||||Funds|Funds||2019-20|
|Grants|||||8907|98080|106987|97179|
|Donations|||||969||969|1944|
|Job Retention
Scheme|||||20580|10779|31359|1500|
|Room/Hall
Hire Fees|||||52030||52030|120484|
|Other Trading
Activities:|||||||||
|Coffee Bar, Catering|and Lunches||||509||509|15054|
|Donated Goods for|Resale||||154||154|4977|
|Other Fundraising||||||||250|
|Interest Income|||||85|72|157|549|
|NLC Course Fees and|Equipment||Hire|||1158|1158|8064|
|Sundry
Income|||||524|3|527|768|
|Total Incoming Resources|||||83758|110092|193850|250769|
|Resources Expended|||||||||
|Salaries|||||68058|66695|134753|149600|
|Employer
National
Insurance|||||1827|2665|4492|6730|
|Pension
Contributions|||||3946|3844|7790|8414|
|Land &Buildings
Maintenance||8 Repairs||12|10912||10912|12258|
|Gas, Electricity 8 Water|||||7824||7824|10157|
|Insurance|||||5214||5214|4827|
|Coffee Bar &Catering|Supplies||||300||300|2552|
|NLC Equipment
&Software Costs||||||3839|3839|3639|
|NLC Tutor Fees &Course Costs||||||6641|6641|28537|
|Matrix Qualification||||||||1680|
|Staff &Volunteers'
Expenses||||||||410|
|Administrative
8 Office|Costs||||6730||6730|8468|
|Outsourcing|||||2648||2648|10066|
|Telephone
&Internet|||||1909|903|2812|3054|
|Bank Charges||||13|97||97|102|
|Audit Fee||||13|1500||1500|1500|
|Fundraising
Costs|||||||||
|Promotional
Expenses||||||||631|
|Sundry Expenses|||||||||
|Training||||||||480|
|Bad Debts|||||||||
|Business Rates|||||1003||1003|988|
|Advertising||||||||270|
|Depreciation
&Amortization||||15|3315|18602|21917|24710|
|Total Resources Expended|||||115283|103189|218472|279073|
|Net Incoming
Resources Before|||Transfers||-31525|6903|-24622|-28304|
|Transfers||||14|9800|-9800||3769|
|Net Movement
in Funds|||||-21725|-2897|-24622|-24535|
|Total Funds Brought Forward 1st April|||||||||
|2019|||||153535|824535|978070||
|Total Funds Carried Forward||31st March 2020|||131810|821638|953448||
|All gains and loses recognised||in the year are||included above. The notes||on pages 18-25|form||
|part ofthese financial statements.|||||||||
##
|Earley CR|esC|ent Community
A|ssociation|ssociation|||
|---|---|---|---|---|---|---|
|||BALANCE SHEET AS|AT 31STMARCH 2021||||
||||2021|2021|2020|2020|
|||Notes|||||
|Fixed Assets|||||||
|||15||704152||726068|
|Current Assets|||||||
|Debtors||16|19124||19262||
|Cash in Hand|||139||207||
|Bank Deposits|||267186||275496||
|Total Current Assets|||286449||294965||
|Less Current
Liabilities|||||||
|Creditors - amounts|falling|due|||||
|within|||||||
|one year||17|13917||23894||
|Provisions for liabilities||18|23236||19069||
|Total Current
Liabilities|||37153||42963||
|Net Current Assets||||249296||252002|
|Total Net Assets||||953448||9780JO|
|The Funds ofthe Charity||20|||||
|Unrestricted
Funds||||131810||153535|
|Restricted
Funds||||821638||824535|
|Total Charity Funds||||953448||978070|
##
##
##
##
##
##
##
##
##
||||||||||As at|
|---|---|---|---|---|---|---|---|---|---|
|Financial||Measurement||of Initial|Measurement|||ofcarrying|31/3/21|
|Instrument||Reco nition|||||amount||Refer to|
||||||Cash|||||
|Cash|Cash held||||held||||Balance|
||||||||||Sheet|
||||||Unpaid|Invoiced||amounts||
|Debtors|Invoiced Amounts||||less||||Note 17|
||||||an
doubtful||debts.|||
||Refer to "Liability|||||||||
|Creditors|Recognition"||||Unpaid|amounts|||Note 18|
||on|revious|a e.|||||||
|Bank|Cash amount||of deposits||Cash amount of|||deposits|Balance|
|Deposits|||||||||Sheet|
##
##
##
##
##
##
|Grants Received||||||||
|---|---|---|---|---|---|---|---|
|Grants have been|received or accrued||from the following|organizations|or|||
|individuals:-|||2020/21|2019/20||||
|Crescent Resource Centre||||||||
|Earley Charity|||37080||37012|Performance|Related|
|Local Restrictions|Support||8907|||||
|Nei
hbourhood
Learnin||Centre||||||
|~EI
Ch|||61000||60167|Performance|Related|
|Total|||100001||97179|||
|Donations||2020/21|2019/20|
|---|---|---|---|
|Membership|Subscriptions|690|907|
|Asda|||500|
|Other donations||279|537|
|||969|1944|
##
##
|||||||
|---|---|---|---|---|---|
|Other Trading Activities|||2020/21||2019/20|
|"Crescent Moon" Coffee bar|Caterin|and Lunches||||
|Gross Income||||509|15054|
|Purchase ofStock||||300|2552|
|Surplus||||209|12002|
|Due to the small amount of stock held and frequent|||turnover,|the carrying|value of stock|
|is not recognised
in the Balance Sheet.||||||
|Donated Goods for Resale|||2020/21||2019/20|
|Relating to the Crescent Resource Centre||||154|4977|
##
##
##
##
##
##
##
|Name of Director|Relates To|Description ofInterest|
|---|---|---|
|Robert Ames|Self|Trustee of Earley Charity|
|Robert Ames|Self|Trustee of EarleyBus|
|Philip Hooper|Self|Trustee of Earley Charity|
|Anthony
Henty|Self|Treasurer of EarleyBus|
|Cindy Thompson|Self|Secretary ofACE|
##
##
##
##
|Charges for Maintenance|and Repairs:|2020/21|2019/20|
|---|---|---|---|
|Actual Expenditure||4762|6108|
|Transfer to Provision (See Note 19)||6150|6150|
|Total Charge||10912|12258|
|Audit and Other Financial Service Fees||||
|||2020/21|2019/20|
|Non-Statutory
Audit Fee||1500|1500|
|Bank Charges||97|102|
|||1597|1602|
##
##
##
||The following
transfers|were made.||2020/21|2020/21|2019/20|2019/20|
|---|---|---|---|---|---|---|---|
|||||Unrest'd|Restricted|Unrest'd|Restricted|
||Assets bought
through|Provision for Land||||||
||and Buildings
Mtee and Repair|||0|0|3769|0|
||Transfer from Restricted|to Unrestricted||||||
||Funds as agreed
by Earley Charity|||9800|-9800|||
|||||9800|-9800|3769||
|15|Tangible Fixed Assets|||2020/21||||
||||Buildings|Fixtures|Total|||
|||||Fittings &||||
|||||Equipment||||
||AT COST||E|6||||
||As at 1st April 2020||1000189|120891|1121080|||
||Additions
during|||||||
||year|||0|0|||
||Disposals
during year|||-3979|-3979|||
||As at 31st March 2021||1000189|116912|1117101|||
||DEPRECIATION/AMORTISATION|||||||
||As at 1st April 2020||291978|103034|395012|||
||Charge for the Year||18347|3589|21916|||
||Arising
on Disposals
during|||||||
||year|||-3979|-3979|||
||As at31st March 2021||310325|102624|412949|||
||NET BOOK VALUE|||||||
||As at 1st April 2020||708211|17857|726088|||
||As at 31st March 2021||689864|14288|704152|||
||Debtors|||31/03/2021||31/03/2020||
||All debtors fall due within|one year.||||||
||Trade Debtors|||5508||8474||
||Prepaid Expenses|||8532||9288||
||Accrued Income|||5084||1500||
||Total Debtors|||19124||19262||
|17|Creditors|||||||
||All creditors
fall due within one year.|||31/03/2021||31/03/2020||
||Taxation, Social Security|& Student|Loan|0||0||
||Trade Creditors|||954||2288||
||Grants
in Advance|||8856||19574||
||Course Fees in Advance|||484||0||
||Accrued Expenses|||3623||2032||
||Total Creditors|||13917||23894||
##
##
##
##
##
##
##
|||||||
|---|---|---|---|---|---|
|t4et Fund Ba|lan|ce|s as at:|31/03/2021|31/03/2020|
|Unrestricted||||||
|General||||108575|130301|
|Projects||||23235|23234|
|Total Unrestricted|||Funds|131810|153535|
|Restricted||||||
|Buildings||||689864|708211|
|Neighborhood|Learning|||||
|Centre||||129686|114757|
|Centre||||1863|1141|
|Fixtures Fittings||&Equipment||225|426|
|Total Restricted||Funds||821638|824535|
|Total Funds||||953448|978070|
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Unrestricted|Funds||Restricted|Funds||Total|
|---|---|---|---|---|---|---|---|---|
||General||Projects|Buildings|NLC|Centre|FF&E||
|Brought Forward|130300||23235|708211|114757|1141|426|978070|
|April
1 2020|||||||||
|Incoming|93558|||0|73012|37081|0|203651|
|Resources|||||||||
|Resources|115283||0|18347|58083|36359|201|228273|
|Expended|||||||||
|Carried Forward|108575||23235|689864|129686|1863|225|953448|
|March 312021|||||||||
||ANALYSIS|OF NET ASSETS ATTRIBUTED TO FUNDS|||||||
||Unrestricted||||||||
||Funds||||Restricted|Funds||Total|
||General|Projects||Buildings|NLC|Centre|FF&E||
|Fixed Assets|13698|||689864|383|0|207|704152|
|Debtors|12355||0||6769|0|0|19124|
|Cash and Bank|119190||23235|0|123018|1863|18|267324|
|Creditors|13433||||484|0|0|13917|
|Provision|23235||||0|0|0|23235|
||108575||23235|689864|129686|1863|225|953448|
##
##
##
##
##