2021-03-31-accounts - The Fernhurst Centre Limited

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			Page
Report ofthe Trustees		1	to	3
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		6	to	7
Notes to the Financial Statements		8	to	14

		2021	2020
		Unrestricted	Total
		funds	funds
	Notes	g	f.
FIXEDASSETS
Tangible assets		16,969	20,478
CURRENT ASSETS
Stocks	10	370	460
Debtors	11	1,761	1,883
Investments	12	24,973	24,531
Cash at bank and in hand		54,782	37,014
		81,886	63,888
CREDITORS
Amounts falling due within one year	13	(4,059)	(3,311)
NET CURRENT ASSETS		77,827	60,577
TOTAL ASSETSLESSCURRENT
LIABILITIES		94,796	81,055
NET ASSETS		94,796	81,055
FUNDS	15
Unrestricted funds		94,796	81,055
TOTAL FUNDS		94,796	81,055

INVESTMKNT INCOM	E
					2021f	2020
Deposit account interest					714	689
INCOME FROM CHARITABLE ACTIVITIES
		Activity			2021 5	2020f
Goods for resale		Operation ofcommunity	centre		3,783	4,753
Other sales (website printing)		Operation ofcommunity	centre		431	1,622
Events		Operation ofcommunity	centre			65
Computer and caf6 takings		Operation ofcommunity	centre		1,477	7,983
Course fees and adult
education		Operation ofcommunity	centre		7,858	9,697
Hire charges and other billing		Operation ofcommunity	centre		367	2,355
					13,916	26,475
OTHER INCOME
					2021	2020
					5
Rental income					7,820	11,595
CHARITABLE ACTIVITIES		COSTS
				Direct
				Costs (see	Support
				note 6)	costs f,	Totals f
Operation ofcommunity	centre			33,613	540	34,153
DIRECT COSTS OF CHARITABLEACT~
					2021	2020
						f.
Rent and rates					4,021	4,430
Insurance					1,251	582
Utilities and cleaning					2476	2,852
Management costs					2,526	2,663
Postage and stationery					294	531
Advertising and marketing					1,556	i,657
Sundries					Ii265	1,055
Cost ofgoods for resale					2,031	2,821
Tuition fees and other course expenses					7,120	7,756
Cafd consumables					715	2,705
Computer costs					489	2,959
Property maintenance					3,839	3,572
Depreciation					6,100	7,093
Loss on sale ofassets					130
					33,613	40,676

	2021	2020
Depreciation - owned assets	6,100	7,093
Deficit on disposal offixed assets	130

		Maisonette	Computer
	Furniture	Equipment	equipment	Totals
COST				f.
At 1 April 2020 Additions Disposals	5336 87 (106)	6,054	5,982 (545)	91,310 2,721 (969)
At 31March 2021	5817	6,054	5,437	93,062
DEPRECIATION
At 1 April 2020 Charge for year Eliminated on disposal	2,752 816 (60)	3,535 1,196	4,316 416 (462)	70,832 6,100 (839)
At 31 March 2021	3,508	4,731	4,270	76,093
NET BOOK VALUE
At 31March 2021	1,809	1/23	1,167	16,969
At 31March 2020	2,584	2,519	1,666	20,478

years. Leasehold cost is net off30,322, fiuniture cost is net off1,000 and equ STOCKS	ipment cost is net o	ff4,675.
	2021	2020
Stocks	g 370	460
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
Trade debtors Other debtors Prepayments	1,605 156	122 1,605 156
	1,761	1,883

CURRENT ASSETINVESTMENTS
	2021	2020
2 year bond	24,973	24,531
CREDITORSt AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
Trade creditors Accrued expenses	542 3+17	1,181 2,130
	4,059	3,311

						2021 f	2020
	Within one year					3,834	2,875
15.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.4.20	in funds	31.3.21
	Unrestricted	funds					f.
	General fund IT and other Contingency	equipment fund	reserve	fund	61,055 5,000 15,000	13,741	74,796 5)000 15,000
					81,055	13,741	94,796
	TOTAL FUNDS				81,055	13,741	94,796
	Net movement	in funds,	included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
	Unrestricted	funds				f,
	General fund				48,281	(34,540)	13,741
	TOTAL FUNDS				48,281	(34,540)	13,741