Registered number 3422719
Conisbrough Community Association Ltd
(A company limited by guarantee)
Report and Accounts
31 July 2020
Conisbrough Community Association Ltd Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Trustees' Report | 2 |
| Statements of financial activities | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 5 |
Conisbrough Community Association Ltd Company Information
Charity Name Conisbrough Community Association Ltd Company Number 3422719 Charity Number 1102995 Trustees Carol Ann Fleming Carol Ann Jackson Pamela Brady John Joseph Jeffcote Barbara Moore Principle Office The Ivanhoe Centre Gardens Land Conisbrough Doncaster DN12 3JX Registered Office The Ivanhoe Centre Gardens Land Conisbrough Doncaster DN12 3JX Chair Mrs C Flemming Accountants Greenline Accountants and Tax Advisors 1 Top Farm Court Top Street Bawtry Doncaster DN10 6TF
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Conisbrough Community Association Ltd Registered number: 3422719 Trustees' Report
Trustees report
The trustees present their report and accounts for the year ended 31st July 2020
Acknowledgement of contributions
The Trustees would like to acknowledge with grateful thanks the continuing support of our user groups and the contributions of all our volunteers, those who have made generous donations and all those who provided grants for our association.
This report was approved by the board on 30 April 2021 and signed on its behalf.
Mrs C Fleming
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Conisbrough Community Association Ltd Statement of Financial Activities for the year Ended 31 July 2020 (including Income and Expenditure account)
| Note INCOME Income and endowments from: Donations and Legacies 3 Other trading activities 4 Investments 5 Total Income Expenditure on: Raising funds 6 Charitable activities 7 Total Expenditure Net income Extraordinary items 8 Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Funds Funds £ £ 1,416 - 74,717 54 76,187 - 4,133 60,262 64,395 - 11,792 - - - 11,792 - - 1,102 11,792 1,102 |
Total 2020 £ 1,416 74,717 54 76,187 4,133 60,262 64,395 11,792 (834) 10,958 1,102 12,060 |
2019 £ 7,304 57,381 68 64,753 244 57,412 57,656 7,097 (834) 6,263 87,378 93,641 |
|---|---|---|---|
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Conisbrough Community Association Ltd Registered number: 3422719 Balance Sheet as at July 2020
| Notes Fixed assets Tangible assets 10 Current assets Stocks Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Net assets Funds of the Charity Restricted income funds Designated funds Unrestricted funds Total Funds |
624 10,757 57,645 69,026 1,558 |
2019 £ 38,799 38,799 67,468 106,267 - 38,744 67,523 106,267 |
624 9,239 41,464 51,327 678 |
2018 £ 43,826 43,826 50,649 94,475 1,102 93,373 94,475 |
|---|---|---|---|---|
For the financial year ending 31 July 2020 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs C Fleming Director Approved by the board on 30 April 2021
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Conisbrough Community Association Ltd Notes to the Accounts for the year ended 31 July 2020
1 Charity status
The charity is a charity limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation
2 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014, the Financial Reporting Standard for Smaller Entities (FRSSE), and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
-
the charity becomes entitled to the resources;
-
it is more likely than not that the trustees will receive the resources;
-
the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably, All costs allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.
Raising funds
These are costs incurred in attracting voluntary income , the management of investments and those incurred in trading activities that raise funds
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries . It includes costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
Plant and machinery 20% reducing balance basis Fixtures & fittings 20% reducing balance basis
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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Conisbrough Community Association Ltd Notes to the Accounts
for the year ended 31 July 2020
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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Conisbrough Community Association Ltd Notes to the Accounts for the year ended 31 July 2020
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
The charity is considered to pass the test set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxations in respect of income and capital gains received within the categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
3 Income from donations and legacies
| Donations received Income from other trading activities Existing Services Arts and Crafts Hire of Premises Bargain corner Bingo Catering income Dances QI gong Quizzes Raffles Miscellaneous income Grants |
Unrestricted Funds £ 1,416 1,416 Unrestricted Funds £ 505 29,779 848 2,160 109 135 353 1,795 289 38,744 74,717 |
Restricted Funds £ - Restricted Funds £ - - - - - - - - - - - - |
Total 2020 £ 1,416 1,416 Total 2020 £ - 505 29,779 848 2,160 109 135 353 - 1,795 289 35,973 |
Total 2019 £ 7,304 7,304 Total 2019 £ - 946 43,170 1,433 3,952 5,074 - 2,586 170 - 50 57,381 |
|---|---|---|---|---|
4 Income from other trading activities
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Conisbrough Community Association Ltd Notes to the Accounts
for the year ended 31 July 2020
5 Income From Investments
| Bank Interest received | Unrestricted Funds £ 54 54 |
Restricted Funds £ - - |
Total 2020 £ 54 54 |
Total 2019 £ 68 68 |
|---|---|---|---|---|
6 Expenditure on rasing funds
| Advertising Purchases Miscellaneous Expenses |
Unrestricted Funds £ 15 3,016 1,102 4,133 |
Restricted Funds £ - - - - |
Total 2020 £ 15 3,016 1,102 4,133 |
Total 2019 £ 39 28 177 244 |
|---|---|---|---|---|
7 Expenditure on charitable activities
| Cost of sales Audit and accountancy Bank charges Computer software and maintenance Depreciation Establishment costs Office expenses General repairs and servicing Gross wages Legal and professional fees Printing, Postage and stationery Subscriptions and donations |
Unrestricted Funds £ 1,250 700 172 698 7,852 17,895 1,158 6,531 18,910 4,433 224 439 60,262 |
Restricted Funds £ - - - - - - - - - - - - - |
Total 2020 £ 1,250 700 172 698 7,852 17,895 1,158 6,531 18,910 4,433 224 439 60,262 |
Total 2019 £ 27,722 1,443 213 1,010 4,846 17,188 1,789 7,663 12,117 890 107 62 75,050 |
|---|---|---|---|---|
8 Exceptional items
| Exceptional items Loss on disposal of asset |
2020 £ - - |
2019 £ 834 834 |
|---|---|---|
9 Employees
2020 2019
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Conisbrough Community Association Ltd Notes to the Accounts
for the year ended 31 July 2020
| Average number of persons employed by the company | Number 2 |
Number 2 |
|---|---|---|
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Conisbrough Community Association Ltd Notes to the Accounts
for the year ended 31 July 2020
10 Tangible fixed assets
| Cost At 1 August 2019 Additions Surplus on revaluation Disposals At 31 July 2020 Depreciation At 1 August 2019 Charge for the year Surplus on revaluation On disposals At 31 July 2020 Net book value At 31 July 2020 At 31 July 2019 11 Debtors Trade debtors Prepayments and accrued income Other debtors Amounts due after more than one year included above 12 Creditors: amounts falling due within one year Trade creditors Taxation and social security costs Other creditors PAYE Accruals and deferred income |
Plant and machinery etc £ 127,026 969 - 127,995 98,953 5,614 - 104,567 23,428 28,073 |
Fixtures, fittings and equipment £ 60,147 1,855 - - 62,002 44,394 2,237 - - 46,631 15,371 15,753 2,020 £ 7,090 3,667 10,757 - 2,020 £ (1,558) - - (1,558) |
Total £ 187,173 2,824 - - 189,997 143,347 7,851 - - 151,198 38,799 43,826 2,019 £ 6,139 3,100 9,239 - 2,019 £ (20) (303) (355) (678) |
|---|---|---|---|
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Conisbrough Community Association Ltd Notes to the Accounts
for the year ended 31 July 2020
13 Funds
| Balance at | Incoming | Resources | Balance at | ||
|---|---|---|---|---|---|
| 1 August 2019 | resources | expended | 31 July 2020 | ||
| £ | £ | £ | £ | ||
| General Funds | |||||
| Unrestricted income fund | 93,373 | 37,443 | 63,293 | 67,523 | |
| Designated funds | 38,744 | 38,744 | |||
| 93,373 | 76,187 | 63,293 | 106,267 | ||
| Restricted Funds Community Development Foundation Doncaster Voluntary Community support SYCF DMBC Fund for Older People |
765 - 160 177 |
765 160 177 |
- - - - |
||
| 1,102 | - | 1,102 | - | ||
| 1,102 | 38,744 | 1,102 | 38,744 | ||
| **14 ** | Net assets by fund Tangible assets Current assets Designated fund Creditors |
Unrestricted Funds £ 36,459 61,558 7,468 (1,558) |
Restricted Funds £ 2,340 |
Total Funds 2020 £ 38,799 61,558 (1,558) |
Total funds 2019 £ 43,826 51,327 (675) |
| 103,927 | 2,340 | 98,799 | 94,478 |
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