## Registered number 3422719 ## Conisbrough Community Association Ltd (A company limited by guarantee) Report and Accounts 31 July 2021 ## **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 Lane Conisbrough Doncaster DN12 3JX **Registered Office** The Ivanhoe Centre Gardens Lane Conisbrough Doncaster DN12 3JX **Chair** Mrs C Flemming **Bookkeeper** Mrs Olivia Slater ## **Conisbrough Community Association Ltd** **Registered number: 3422719** **Trustees' Report** ## **Trustees report** The trustees present their report and accounts for the year ended 31st July 2021 ## **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 August 2021 and signed on its behalf. Mrs C Fleming ## Conisbrough Community Association Ltd Statement of Financial Activities for the year Ended 31 July 2020 (including Income and Expenditure account) For the financial year ending 31 July 2021 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 Conisbrough Community Association Ltd Notes to the Accounts for the year ended 31 July 2021 - 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. Conisbrough Community Association Ltd Notes to the Accounts for the year ended 31 July 2021 ## **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. ## **Conisbrough Community Association Ltd** ## **Notes to the Accounts for the year ended 31 July 2021** ## **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 total - £915.05 ## **4 Income from other trading activities** EXISTING_Services 755.00 Arts & Crafts 136.00 Athelstane Corporate Weeday Hire 9,600.00 Athelstane Local Weekday Hire 1,648.00 Bank Interest received 2.36 Bingo 820.30 Card receipts - Cafe 29.60 DeWarrene Local Weekday Hire 276.00 DMBC COVID Grants 45,707.28 JRS Grant 4,734.00 Kitchen sales 695.00 Kitchen Weekday Hire 1,750.00 Lockesley Corporate Weekday Hire 200.00 Lockesley Local Weekday Hire 1,596.00 QiGong 165.00 Theatre Ticket Sales 1,125.00 ## **Expenditure on charitable activities** Bank Charges 102.00 Book keeping 2,531.00 Cleaning Materials, Toiletries, etc. 1,143.27 Computer Software 499.82 Depreciation 11,377.82 Donations 130.00 Electricity 4,066.10 Gas 9,031.49 General Repairs & Servicing 919.63 4/4 Total Gross Wages 14,286.44 Licences 180.00 Office Stationery 316.34 Premises Expenses 2,180.51 Premises Insurance 3,808.51 Printing 230.72 Sanitary Equipment 458.38 Telephone 484.08 Waste Collections 269.83 Water 539.77 Total Other Expenses 52,555.71 ## **9 Employees** Average number of persons employed by the company 2