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 1 **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 2 ## **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| |---|---|---|---| 3 ## **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 4 **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. 5 ## **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. 6 **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** 7 ## **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** 8 ## **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| |---|---|---| 9 ## **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)| |---|---|---|---| 10 ## **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| 11