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2022-03-31-accounts

Trustee Report

Covering the period of April 2021 to March 2022

Charity No: 1098027 Company No: 4625467

Registered Address: Yorkshire Main Community Centre, Edlington Lane, Edlington, Doncaster, South Yorkshire, DN12 1AB. Office Phone Number 01709 252549

Objectives and Activities

ECO is governed by Memorandums and Articles or Association to deliver the aims and objectives of the organisation. The objects of ECO are to assist in the development of the capacity and skills of the beneficiaries, being the inhabitants of Edlington and other areas of Doncaster.

Public benefit status of the company

ECO only has charitable purposes which are for the benefit of the public, operating as a Charity with a board of trustees who report our activities and how we have conducted ourselves in line with the Charity Commission whilst meeting purposes under the Charities Act 2011. ECO’s charitable purposes include but are not exclusive of:

Achievement’s and Performance

ECO delivers a hub of community activities from our office at Yorkshire Main Community Centre ranging from social activities to one to one support and signposting.

Continuing to work through a time of national crisis, we have played an active role within the community over the last 12 months. Government restrictions were still in place during the year and we continued to support our community with essential services as we did during the first year of the pandemic. As restrictions began to lift, our face to face sessions resumed and the community centre was once again bustling with groups and activities across our 7-day timetable and dedicated team of heroes who don’t wear capes we have:

As an already deprived community, residents wouldn’t have survived the ongoing struggles of the pandemic without our services and the funding we have secured to deliver our projects including:

Please see attached breakdown for all funding received during the year.

We would like to thank all of our funders for their support as well as local community groups and businesses: St Johns Church, Orthadox Church, Yorkshire Main Motors, Edlington Community Shop, St Mary’s Primary School, Hill Top Primary School, Warmsworth Primary School, Fareshare Yorkshire, Tesco Balby, Morrison’s Balby, IKEA Distribution Centre, DFS Doncaster and The Hygiene Bank Doncaster for their kind donations and contributions during a very difficult 12 months.

Our manager Samantha Siddall continues to lead our project, supported by our Community Engagement Officer Lynn, Community Cupboard Officer Dianne and our Centre Cleaner Julie who remain a united team.

All of this is a massive achievement for our small village and wouldn’t have been possible without the support of our donors, sponsors, funders, community groups and last but by no means least our volunteers who have been relentless in the delivery of our projects, working early mornings, late nights and weekends to support our operations from home and within the community centre. They have contributed over 5000 hours to help vulnerable people and support smaller community groups to provide services in other communities within Doncaster.

As we approach the end of the financial year we have new projects in the pipeline which include the recruitment of a Community Connector to support people in Edlington to move more and increase their physical activity.

Reserves policy of the organisation

In order to make judgement of the amount of reserves Trustees have considered the risks in respect of expenditure, unrestricted income and where appropriate restricted income and where funds can only be realised by the disposal of a fixed asset. Also taken into consideration are any external identified potential major risks to income and expenditure during the year.

ECO is currently dependent on grant funding to sustain its activities, as earned income alone would not allow us to continue operating. This means that if there were to be a gap in funding it is likely that ECO would have to close down. To avoid closure if funding difficulties were to happen the ECO board has agreed to keep a certain level of financial reserves to ensure that main operations can continue for a period of 12 months.

The main concerns of the board are to ensure:

The staff can continue working, primarily to secure new funding that members / service users are supported to move onto other services. Currently some funding has been secured until July 2022 but if difficulties arise it has been calculated that reserves of £20,000 would be needed to continue to run for at least 12 months covering:

• £10,000 redundancies

• £10,000 staffing

The level of reserves are calculated and monitored every 6 months by the board of Trustees.

Reference and Administrative details

ECO shall have a Management Committee comprising not less than five and not more than fifteen persons, made up as follows:

For the avoidance of doubt, Management Committee members are directors of the company within the meaning of company law, and charity trustees within the meaning of charity law.

Directors:

Anthony Wormley Chair James Kelly Vice Chair Georgina Mullis Secretary

Maureen Tennison

Treasurer

Catherine Siddall
John Eaton
Pam Gill (passed away in 2021)
Mike Collinson
Marie Mcguire
Margaret Adamson
Dianne Bets
Stafmembers
Samantha Siddall Project Manager
Lynn Brookes Community Engagement Ofcer
Toni Mathews Junior Citzens Ofcer / Befriender
Dianne Vicarage Community Cupboard Ofcer
Julie Richards Centre Cleaner

Approval This report was approved by the Management Committee trustees and signed on their behalf.

Charity Registration Number - 1098027 Company Registration Number - 4625467

EDLINGTON COMMUNITY ORGANISATION COMPANY LIMITED BY GUARANTEE

UNAUDITED FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2022

EDLINGTON COMMUNITY ORGANISATION

CONTENTS

MANAGEMENT COMMITTEE TRUSTEES REPORT
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE ACCOUNTS
Page
1-4
5
6
7
8-14

EDLINGTON COMMUNITY ORGANISATION INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees of Edlington Community Organisation on the accounts for the year ended 31 March 2022 set out on pages 5 to 13.

Respective responsibilities of trustees and examiner

The trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period (under section 144(2) of the Charities Act 2011 (the Act) ) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charitable company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

Andrew Cribb, FCA Smith Craven (Yorkshire) Ltd Sidings House Sidings Court Lakeside Doncaster DN4 5NU

…...............................2022

5

EDLINGTON COMMUNITY ORGANISATION

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

YEAR ENDED 31ST MARCH 2022

Note
INCOME
Donations and legacies
3
Fundraising
3
Interest
Total
EXPENDITURE
4
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Transfer of funds
13.3
Funds brought forward
Funds carried forward
Unrestricted
Restricted
funds
income funds
Total funds
£
£
£
4,162
82,916
87,078
28,594
-
28,594
510
-
510
33,266
82,916
116,182
51,658
69,673
121,331
51,658
69,673
121,331
(18,392)
13,243
(5,149)
30,589
37,025
67,614
-
12,197
50,268
62,465
2022
Unrestricted
Restricted
funds
income funds
Total funds
£
21,955
114,013
135,968
25,285
-
25,285
-
-
-
2021
47,240
114,013
161,253
31,463
114,766
146,229
31,463
114,766
146,229
15,777
(753)
15,024
14,812
37,778
52,590
-
-
-
30,589
37,025
67,614

All operations of the charity in the year are continuing.

The charity has no recognised gains or losses other than the net incoming resrouces for the above financial year.

6

EDLINGTON COMMUNITY ORGANISATION (Company Number: 4625467) BALANCE SHEET

AT 31ST MARCH 2022

Note
FIXED ASSETS:
Tangible fixed assets for use by the charity
8
Total fixed assets
CURRENT ASSETS:
Debtors
9
Cash at bank and in hand
Total current assets
CURRENT LIABILITIES
Creditors
10
NET CURRENT ASSETS
NET ASSETS
FUNDS OF THE CHARITY
13
Unrestricted fund (general reserve)
Restricted funds
Total charity funds
Unrestricted
funds
£
5,565
Restricted
income funds
£
2,732
2,732
70
48,031
48,101
564
47,537
50,269
-
50,268
50,268
Total
this year
£
8,297
8,297
517
55,566
56,083
1,914
54,169
62,466
12,197
50,268
62,465
Total
last year
£
11,302
5,565 11,302
447
7,535
447
58,094
7,982 58,540
1,350 2,229
6,632 56,312
12,197 67,614
12,197
-
30,589
37,025
12,197 67,614

For the year ended 31st March 2022 the company was entitled to exemption from audit under section 477(2) of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

i) ensuring the company keeps accounting records which comply with sections 386 and 387; and

Approved on ……………………………………………………………..2022

M Tennison - Treasurer and Trustee

On behalf of the Charity's Trustees

7

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST MARCH 2022

1 STATUTORY INFORMATION

Edlington Community Organisation is a limited liability company registered in England and Wales. The registered office is Room 4 Yorkshire Main Community Centre, Edlington Lane, Edlington, Doncaster, DN12 1AB. The company is limited by guarantee.

2 ACCOUNTING POLICIES

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the accounts.

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the 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) - (Charities SORP (FRS 102)) (effective 1 January 2015), Financial Reporting Standard applicable in the UK and Republic of Ireland 102) and the Companies Act 2006.

Edlington Community Organisation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise state in the relevant accounting policy note(s). The financial statements are prepared in Sterling which is the functional currency of the charity and rounded to the nearest £.

2.2 Going Concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2.3 Fund accounting

Unrestricted funds are available of use at the discretion of the trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

2.4 Incoming Resources

All incoming resources are included in the Statement of Financial Activities when the charity has entitlement to the funds, any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Grants receivable, funding the general activities of the charity, are included in the period in which they are receivable, except when the funders specify that they must be used in future accounting periods or funders conditions have not been fulfilled, then the income is deferred.

2.5 Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

Donations are recognised when receivable.

Grant funding is recognised when receivable or over the period of time stated by the funding body when the grant is approved.

In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised, refer to the trustees report for more information about their contribution.

2.6 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

8

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST MARCH 2022

2 ACCOUNTING POLICIES - CONTINUED

2.7 Gifts in kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.

Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.

2.8 Donated services and facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

2.9 Investment income

Investment income is recorded under the accruals method.

2.10 Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

2.11 Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

2.12 Support costs

Include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

2.13 Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation has been provided to write off the cost of the tangible fixed assets over their expected useful lives using the following rates:

Plant and equipment - 20 - 33% SL

2.14 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.15 Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement after allowing for any trade discounts due.

9

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST MARCH 2022

2 ACCOUNTING POLICIES - CONTINUED

Exemption has been taken from preparing a cash flow statement on the grounds that the charity is a small company.

2.17 Irrecoverable VAT

Irrecoverable VAT is charged to the Statement of Financial Activities as incurred.

2.18 Taxation

The Project, as the basis of it's charitable activities, incurs no liability to corporation tax.

3 ANALYSIS OF INCOME

Donations and legacies
Donations
Legacies
Other incoming funds
Fundraising events
Bank Interest
This year
£
82,916
4,162
87,079
28,594
510
29,104
Last year
£
114,013
21,955
135,968
25,285
-
25,285

4 ANALYSIS OF RESOURCES EXPENDED

Charitable Expenditure
Salary costs
Payroll costs
Events
Rent & room hire
Insurance
Telephone, fax & internet
Printing, stationery & postage
Subscriptions
Hospitality/refreshments
Travel expenses
Motor expenses
Sundry expenses
Repairs & renewals
Governance costs (see note 6)
Depreciation
Total
Unrestr'd Restricted
Total
funds
funds
funds
£
£
£
36,766
30,860
67,626
846
-
846
-
20,246
20,246
-
9,033
9,033
527
-
527
576
-
576
-
2,246
2,246
-
-
-
-
-
-
-
-
-
6,734
-
6,734
1,126
5,425
6,552
1,911
1,059
2,970
1,325
-
1,325
1,845
803
2,649
51,659
69,673
121,330
2022
Unrestr'd
Restricted
Total
funds
funds
funds
£
11,543
59,148 70,691
612
- 612
-
27,307 27,307
-
12,582 12,582
468
- 468
493
- 493
15
3,340
3,355
-
2,499
2,499
68
-
68
21
-
21
2,403
7,968
10,371
2,857
587
3,444
9,684
- 9,684
1,209
- 1,209
2,090
1,335 3,425
-
2021
31,463
114,766
146,229

10

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2022

Unrestr'd
Restricted
Total
funds
funds
funds
£
£
£
5
Governance costs
Professional fees
1,194
-
1,194
Bank Charges
131
-
131
Total
1,325
-
1,325
6
DETAILS OF CERTAIN ITEMS OF EXPENDITURE
6.1
Trustee expenses
Number of trustees who were paid expenses
Total amount paid
No expenses were paid to trustees of the charity during the year.
6.2
Fees for examination or audit of the accounts
Independent examiner's fees for reporting on the accounts
7
PAID EMPLOYEES
7.1
Staff costs
Gross wages
Employer's national insurance costs
Pension costs
Total staff costs
No remuneration was paid to trustees of the charity during the year.
No employee earned more than £60,000 in the period.
7.2
Average number of full-time equivalent employees in the year
The parts of the charity in which the employees work
Charitable activities
Total
2022
Unrestr'd
Restricted
Total
funds
funds
funds
£
£
£
1,140
-
1,140
69
-
69
2021
Unrestr'd
Restricted
Total
funds
funds
funds
£
£
£
1,140
-
1,140
69
-
69
2021
1,209
-
1,209
This year
-
£Nil
This year
£
1,116
1,116
This year
£
56,755
8,479
2,392
67,626
This year
number
5
5
Last year
-
£Nil
Last year
£
1,116
1,116
Last year
£
60,248
7,747
2,696
70,691
Last year
number
5
5

11

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2022

7 PAID EMPLOYEES CONINUTED

7.3 Defined contribution pension scheme

Details of the scheme

The organisation operates a contributary group personal pension scheme.

The costs of the scheme to the charity for the year
The amount of any contributions outstanding at the year end
The amount of any contributions prepaid at the year end
8
TANGIBLE FIXED ASSETS
8.1
Cost or valuation
Balance brought forward
Additions
Disposals
Balance carried forward
8.2
Accumulated depreciation
Balance brought forward
Depreciation charge for year
Depreciation on disposals
Balance carried forward
8.3
Net book value
Brought forward
Carried forward
9
DEBTORS
Analysis of debtors
Funding debtors
Prepayments
Total
General
IT
equipment
equipment
£
£
32,613
4,393
-
-
-
-
This year
Last year
£
£
2,392
2,696
-
-
-
-
Motor
Total
Vehicles
£
£
400
37,406
-
-
-
-
32,613
4,393
400
37,406
24,056
1,898
2,329
576
-
-
150
26,104
100
3,005
-
-
26,384
2,474
250
29,109
8,558
2,495
250
11,302
6,229
1,918
150
8,297
Amounts receivable
within one year
This year
Last year
£
£
-
-
517
447
517
447

12

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2022

10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Analysis of creditors

Amounts falling due within one year Accruals and deferred income Total Amounts falling due after one year Accruals and deferred income Total

This year Last year
£ £
1,662 1,666
1,662 1,666
This year Last year
£ £
251 564
251 564

11 MOVEMENT IN FUNDS

Fund name

SYCF Older People SYP UK Youth DMBC The Liz & Terry Bramall Foundation

Purpose and restrictions

to provide for slippers to provide for staff salaries to provide for youth challenges to provide for food share provisions to provide staff salaries

Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2021
Movements in funds
Unrestricted funds
General Fund
Restricted funds
Core activities
Opening
Incoming
balance
resources
£
£
30,590
33,266
Unrestricted
Restricted
Funds
Funds
Total
£
£
£
5,565
2,732
8,297
7,982
48,101
56,083
(1,350)
(564)
(1,914)
12,197
50,270
62,468
(Resources
Closing
expended)
Transfer
Balance
£
£
£
(51,658)
12,198
37,024
82,916
(69,673)
50,267

11.3 Movements in funds

13

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

12 Operating Lease Commitments

As at 31 March 2022 the charity was committed to making the following payments under non-cancellable operating leases:

Expiring
Within one year
2022
2021
£
£
1,200
1,200
Land and buildings
1,200
1,200

13 TAXATION

As a registered charity, the trust does not pay any income or corporation taxes on its charitable activities.

14 RELATED PARTY TRANSACTIONS

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by by the charity during the year (2021: £Nil).

14

Charity Registration Number - 1098027 Company Registration Number - 4625467

EDLINGTON COMMUNITY ORGANISATION COMPANY LIMITED BY GUARANTEE

UNAUDITED FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2022

EDLINGTON COMMUNITY ORGANISATION

CONTENTS

MANAGEMENT COMMITTEE TRUSTEES REPORT
INDEPENDENT EXAMINER'S REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
NOTES TO THE ACCOUNTS
Page
1-4
5
6
7
8-14

EDLINGTON COMMUNITY ORGANISATION INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees of Edlington Community Organisation on the accounts for the year ended 31 March 2022 set out on pages 5 to 13.

Respective responsibilities of trustees and examiner

The trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this period (under section 144(2) of the Charities Act 2011 (the Act) ) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charitable company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

Andrew Cribb, FCA Smith Craven (Yorkshire) Ltd Sidings House Sidings Court Lakeside Doncaster DN4 5NU

…...............................2022

5

EDLINGTON COMMUNITY ORGANISATION

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

YEAR ENDED 31ST MARCH 2022

Note
INCOME
Donations and legacies
3
Fundraising
3
Interest
Total
EXPENDITURE
4
TOTAL EXPENDITURE
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Transfer of funds
13.3
Funds brought forward
Funds carried forward
Unrestricted
Restricted
funds
income funds
Total funds
£
£
£
4,162
82,916
87,078
28,594
-
28,594
510
-
510
33,266
82,916
116,182
51,658
69,673
121,331
51,658
69,673
121,331
(18,392)
13,243
(5,149)
30,589
37,025
67,614
-
12,197
50,268
62,465
2022
Unrestricted
Restricted
funds
income funds
Total funds
£
21,955
114,013
135,968
25,285
-
25,285
-
-
-
2021
47,240
114,013
161,253
31,463
114,766
146,229
31,463
114,766
146,229
15,777
(753)
15,024
14,812
37,778
52,590
-
-
-
30,589
37,025
67,614

All operations of the charity in the year are continuing.

The charity has no recognised gains or losses other than the net incoming resrouces for the above financial year.

6

EDLINGTON COMMUNITY ORGANISATION (Company Number: 4625467) BALANCE SHEET

AT 31ST MARCH 2022

Note
FIXED ASSETS:
Tangible fixed assets for use by the charity
8
Total fixed assets
CURRENT ASSETS:
Debtors
9
Cash at bank and in hand
Total current assets
CURRENT LIABILITIES
Creditors
10
NET CURRENT ASSETS
NET ASSETS
FUNDS OF THE CHARITY
13
Unrestricted fund (general reserve)
Restricted funds
Total charity funds
Unrestricted
funds
£
5,565
Restricted
income funds
£
2,732
2,732
70
48,031
48,101
564
47,537
50,269
-
50,268
50,268
Total
this year
£
8,297
8,297
517
55,566
56,083
1,914
54,169
62,466
12,197
50,268
62,465
Total
last year
£
11,302
5,565 11,302
447
7,535
447
58,094
7,982 58,540
1,350 2,229
6,632 56,312
12,197 67,614
12,197
-
30,589
37,025
12,197 67,614

For the year ended 31st March 2022 the company was entitled to exemption from audit under section 477(2) of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

i) ensuring the company keeps accounting records which comply with sections 386 and 387; and

Approved on ……………………………………………………………..2022

M Tennison - Treasurer and Trustee

On behalf of the Charity's Trustees

7

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST MARCH 2022

1 STATUTORY INFORMATION

Edlington Community Organisation is a limited liability company registered in England and Wales. The registered office is Room 4 Yorkshire Main Community Centre, Edlington Lane, Edlington, Doncaster, DN12 1AB. The company is limited by guarantee.

2 ACCOUNTING POLICIES

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the accounts.

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the 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) - (Charities SORP (FRS 102)) (effective 1 January 2015), Financial Reporting Standard applicable in the UK and Republic of Ireland 102) and the Companies Act 2006.

Edlington Community Organisation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transactional value unless otherwise state in the relevant accounting policy note(s). The financial statements are prepared in Sterling which is the functional currency of the charity and rounded to the nearest £.

2.2 Going Concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2.3 Fund accounting

Unrestricted funds are available of use at the discretion of the trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund.

2.4 Incoming Resources

All incoming resources are included in the Statement of Financial Activities when the charity has entitlement to the funds, any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Grants receivable, funding the general activities of the charity, are included in the period in which they are receivable, except when the funders specify that they must be used in future accounting periods or funders conditions have not been fulfilled, then the income is deferred.

2.5 Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

Donations are recognised when receivable.

Grant funding is recognised when receivable or over the period of time stated by the funding body when the grant is approved.

In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised, refer to the trustees report for more information about their contribution.

2.6 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

8

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST MARCH 2022

2 ACCOUNTING POLICIES - CONTINUED

2.7 Gifts in kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.

Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.

2.8 Donated services and facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

2.9 Investment income

Investment income is recorded under the accruals method.

2.10 Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

2.11 Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.

2.12 Support costs

Include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

2.13 Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation has been provided to write off the cost of the tangible fixed assets over their expected useful lives using the following rates:

Plant and equipment - 20 - 33% SL

2.14 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.15 Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement after allowing for any trade discounts due.

9

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

YEAR ENDED 31ST MARCH 2022

2 ACCOUNTING POLICIES - CONTINUED

Exemption has been taken from preparing a cash flow statement on the grounds that the charity is a small company.

2.17 Irrecoverable VAT

Irrecoverable VAT is charged to the Statement of Financial Activities as incurred.

2.18 Taxation

The Project, as the basis of it's charitable activities, incurs no liability to corporation tax.

3 ANALYSIS OF INCOME

Donations and legacies
Donations
Legacies
Other incoming funds
Fundraising events
Bank Interest
This year
£
82,916
4,162
87,079
28,594
510
29,104
Last year
£
114,013
21,955
135,968
25,285
-
25,285

4 ANALYSIS OF RESOURCES EXPENDED

Charitable Expenditure
Salary costs
Payroll costs
Events
Rent & room hire
Insurance
Telephone, fax & internet
Printing, stationery & postage
Subscriptions
Hospitality/refreshments
Travel expenses
Motor expenses
Sundry expenses
Repairs & renewals
Governance costs (see note 6)
Depreciation
Total
Unrestr'd Restricted
Total
funds
funds
funds
£
£
£
36,766
30,860
67,626
846
-
846
-
20,246
20,246
-
9,033
9,033
527
-
527
576
-
576
-
2,246
2,246
-
-
-
-
-
-
-
-
-
6,734
-
6,734
1,126
5,425
6,552
1,911
1,059
2,970
1,325
-
1,325
1,845
803
2,649
51,659
69,673
121,330
2022
Unrestr'd
Restricted
Total
funds
funds
funds
£
11,543
59,148 70,691
612
- 612
-
27,307 27,307
-
12,582 12,582
468
- 468
493
- 493
15
3,340
3,355
-
2,499
2,499
68
-
68
21
-
21
2,403
7,968
10,371
2,857
587
3,444
9,684
- 9,684
1,209
- 1,209
2,090
1,335 3,425
-
2021
31,463
114,766
146,229

10

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2022

Unrestr'd
Restricted
Total
funds
funds
funds
£
£
£
5
Governance costs
Professional fees
1,194
-
1,194
Bank Charges
131
-
131
Total
1,325
-
1,325
6
DETAILS OF CERTAIN ITEMS OF EXPENDITURE
6.1
Trustee expenses
Number of trustees who were paid expenses
Total amount paid
No expenses were paid to trustees of the charity during the year.
6.2
Fees for examination or audit of the accounts
Independent examiner's fees for reporting on the accounts
7
PAID EMPLOYEES
7.1
Staff costs
Gross wages
Employer's national insurance costs
Pension costs
Total staff costs
No remuneration was paid to trustees of the charity during the year.
No employee earned more than £60,000 in the period.
7.2
Average number of full-time equivalent employees in the year
The parts of the charity in which the employees work
Charitable activities
Total
2022
Unrestr'd
Restricted
Total
funds
funds
funds
£
£
£
1,140
-
1,140
69
-
69
2021
Unrestr'd
Restricted
Total
funds
funds
funds
£
£
£
1,140
-
1,140
69
-
69
2021
1,209
-
1,209
This year
-
£Nil
This year
£
1,116
1,116
This year
£
56,755
8,479
2,392
67,626
This year
number
5
5
Last year
-
£Nil
Last year
£
1,116
1,116
Last year
£
60,248
7,747
2,696
70,691
Last year
number
5
5

11

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2022

7 PAID EMPLOYEES CONINUTED

7.3 Defined contribution pension scheme

Details of the scheme

The organisation operates a contributary group personal pension scheme.

The costs of the scheme to the charity for the year
The amount of any contributions outstanding at the year end
The amount of any contributions prepaid at the year end
8
TANGIBLE FIXED ASSETS
8.1
Cost or valuation
Balance brought forward
Additions
Disposals
Balance carried forward
8.2
Accumulated depreciation
Balance brought forward
Depreciation charge for year
Depreciation on disposals
Balance carried forward
8.3
Net book value
Brought forward
Carried forward
9
DEBTORS
Analysis of debtors
Funding debtors
Prepayments
Total
General
IT
equipment
equipment
£
£
32,613
4,393
-
-
-
-
This year
Last year
£
£
2,392
2,696
-
-
-
-
Motor
Total
Vehicles
£
£
400
37,406
-
-
-
-
32,613
4,393
400
37,406
24,056
1,898
2,329
576
-
-
150
26,104
100
3,005
-
-
26,384
2,474
250
29,109
8,558
2,495
250
11,302
6,229
1,918
150
8,297
Amounts receivable
within one year
This year
Last year
£
£
-
-
517
447
517
447

12

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2022

10 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Analysis of creditors

Amounts falling due within one year Accruals and deferred income Total Amounts falling due after one year Accruals and deferred income Total

This year Last year
£ £
1,662 1,666
1,662 1,666
This year Last year
£ £
251 564
251 564

11 MOVEMENT IN FUNDS

Fund name

SYCF Older People SYP UK Youth DMBC The Liz & Terry Bramall Foundation

Purpose and restrictions

to provide for slippers to provide for staff salaries to provide for youth challenges to provide for food share provisions to provide staff salaries

Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2021
Movements in funds
Unrestricted funds
General Fund
Restricted funds
Core activities
Opening
Incoming
balance
resources
£
£
30,590
33,266
Unrestricted
Restricted
Funds
Funds
Total
£
£
£
5,565
2,732
8,297
7,982
48,101
56,083
(1,350)
(564)
(1,914)
12,197
50,270
62,468
(Resources
Closing
expended)
Transfer
Balance
£
£
£
(51,658)
12,198
37,024
82,916
(69,673)
50,267

11.3 Movements in funds

13

EDLINGTON COMMUNITY ORGANISATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2022

12 Operating Lease Commitments

As at 31 March 2022 the charity was committed to making the following payments under non-cancellable operating leases:

Expiring
Within one year
2022
2021
£
£
1,200
1,200
Land and buildings
1,200
1,200

13 TAXATION

As a registered charity, the trust does not pay any income or corporation taxes on its charitable activities.

14 RELATED PARTY TRANSACTIONS

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by by the charity during the year (2021: £Nil).

14