2021-10-31-accounts

EOCG (EASTERN OSWESTRY COMMUNITY GROUP)

Company limited by guarantee Registration Number 04542353 Registered Charity Number 1096623

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31[ST] OCTOBER 2021

EOCG (Eastern Oswestry Community Group)

Notes forming part of the financial statement for the year ended 31[st] October 2021

Accounting Convention

The financial statements are prepared under the historical cost convention as modified by the inclusion of investments at market value and in accordance with the statement of Recommender Practice – Accounting and Reporting by Charities (SORP 2005) issued in March 2005, applicable UK standards the Companies Act 1985 and the Charities Regulations 2005 issued under the Charities Act 1993.

Investment Income

Investment income is accounted for in the period in which the charity is entitled to receipt.

Resources expended

Expenditure is included on an accruals basis.

Tangible fixed assets and depreciation

All assets costing more than £100 are capitalized. Depreciation is charged on buildings on a straight-line basis over 50 years. Furniture, equipment and motor vehicles are written off on a straight-line basis over their estimated useful life of 4 years.

Fund accounting

Unrestricted funds are those funds which the Trustees are free to use in accordance with the objects of the charity. Restricted funds are those funds which have been given for particular purposes.

Investment income (2020 values in parentheses)

Interest on cash deposits Nil (Nil)

Voluntary income (2020 values in parentheses)

Grants from Local Authorities / Nil (Nil) UK agencies / European Union

Trustee Expenses

The charity trustees were not paid or reimbursed expenses during the year and no trustee received any payment or emolument for professional or other services.

Staf costs(2020 values in parentheses)
Salaries £32253.80(£23282.42)
Social Security costs Nil (Nil)
Redundancy costsNil (nil)
£ 32253.80 (£23282.42)
Tangible Fixed Assets
Freehold Property Furniture & equipment Total
At 31.10.20 £208593 £2735 £211328
Additions 2021 £0 £980 £980
___________
£208593 £3715 £212308
___________
Depreciation charge £8346 £250 £8596
for 2021
_____________
Net book value £200247 £3465 £203712
As at 31.10.21 _____________
Debtors(2020 values in parentheses)
Prepayments and other debtors £0 (£624)
Creditors(2021 values in parentheses)
Amounts falling due within 1 year £0 (£0)

(EOCG) EASTERN OSWESTRY COMMUNITY GROUP

	BALANCE SHEET AS AT 31ST OCTOBER 2021
	Unrestricted Restricted Total Total
	Funds Funds 2021 2020
Fixed Assets
Tangible assets	0 212308 212308 211328
Current Assets
Cash in bank	7,80719 7826 7826
Debtors	0 - 0 621
	_________
Totals	7807 19 7826 8447
	_________
Creditors	0 - 0
0
	__________
Net current assets	7807 19 7826 8447
	_________
	__________
Total net assets	7807 212327 220134
219775
	__________
Funds of the charity
Guarantee reserve	- 19 19
19

Restricted funds - 212308 212308 211328 Unrestricted funds 7807 - 7807 7807

Total Funds 7807 212327 220134 219154

(EOCG) EASTERN OSWESTRY COMMUNITY GROUP

STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31[ST] OCTOBER 2020

	Unrestricted	Restricted	Total Total
	Funds	Funds	2021
2020
Incoming
Resources
Investment	0	0	0 0
Generated Funds	66014	0	66014 53258
Voluntary Income	0	0	0 0
Other	0	0	0 0
Totals	66014	0	66014
53258
Resources
Expended
Fundraising costs	1345	62006	63351
52136
Depreciation	-	250	250 250

Totals 1345 61756 63101 51886

Net Incoming	64669 (-61756)	64669 (-61756)		2913 (1372)
Funds brought forward 7807 19				7826 5618
Total Carried forward 72476 -61737				10739
6990
	EOCG (Eastern Oswestry Community Group)
	Company limited by guarantee
	Balance Sheet as at 31st October 2021
	2021		2020
		£		£
Fixed Assets
Tangible assets		212308		211328
Current Assets
Debtors		0		621
Cash in hand/bank		7807		7826
	____	_____
				7807
	8447
Creditors
Amount due within 1	year	0		0
Net Current Assets		7807		8447
		_____	_____
Net Assets		220115		219775
Capital & Reserves
Other reserves		19		19

Profit and loss account 212308 211328

Members’ funds 204501 219154

Directors Report

1. For the year ending 31/10/2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006

2. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006

3. The director’s acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

4. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies’ regime.

Signed . . . . . . .K A Davies . . . . . . . . . . . . . . . . . . . Kerry Davies (Director) Date . 29/07/2022 .

. .

EOCG (Eastern Oswestry Community Group) Company limited by guarantee

Notes to the abbreviated financial statement for year ended 31[st] October 2021

Accounting Convention

The accounts are prepared under the historic cost convention and in accordance with the Financial Reporting Standard for Smaller Entities.

Tangible fixed assets and depreciation

Depreciation is applied at rates calculated to write off the cost less the residual value of each asset over its estimated useful life, viz. land and buildings on a straight line basis over 50years; fixtures, fittings, equipment and motor vehicles on a straight line basis over 4 years.

Fixed Assets

Cost £
At 1stNovember 2020 51886
Additions nil
At 31stOctober 2021 63101

__ Depreciation At 1[st] November 2020 8596 Charge for year At 31[st] October 2021 8596 ____ Net Book Values At 31[st] October 2020 211328 At 31[st] October 2021 212308 ===== Company limited by guarantee Issued and fully paid guarantee £19 ===