2021-03-31-accounts - Southwater Area Community Centre

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

STATEMENT OF FINANCIAL A FORTHE YEAR ENDED 3X MA	CTDIITIES RCH 202X
			31,3.20
			Total
			funds
			E
INCOME AND ENDOWMENTS Donations and Ilegacies	FROM	5,000	120
Gther trading activities Investment income Other income		16,376 12 20,241	22,706 60
Totai			22,886
Charitable activities Charitable Activities		33,583
Total			26,678
NET INCOME/(EXPENDITURE)			(3,792)
RECONCILIATION OF FUNDS
Total funds brought forvvard
		43,841

			31.3.21	31.3.20
			Unrestricted	Total
			funds	funds
FIXED	ASSETS			E
Tangible	assets	10
CURRENT ASSETS
Debtors
Cash at	bank		3'l	1,037
			9'i,310	3'l,251
			+4,3'l8	35,288
CREDITORS
Amounts	falling due within one year		{1,031)
TOTAL ASSETSLESSCURRENT LIABILITIES
				36,132
CREDITORS
Amounts	failing due after more than one year	13
NET ASSETS
				35,795
FUNDS
Unrestricted funds
			43,801
TOTAL FUNDS
			43,801	35,795

on a sysiematic basis over the period intended to compensate,	s in which the charity r	ecognises the related costs for whic	h the grants ar
OTHER TRAOING ACTIVITIES		31.3.21	31,3.20
		E
Hire of premises Income from cafe Rent ofonce Tariff income (EDF)		14,+Q 895 1,039	20,379 35 1,076 I&216
		16,376	22,706
INVESTMENT INCOME
Deposit account interest
OTHER INCOME		31.3.21
Government COVID support		20,241
The entity has received the following	from the UK government	in respect of COVID 19grants and	reliefs:
Small Business Grant Fund
			20,241

NET XNCOME j(EXPENO	NET XNCOME j(EXPENO	XTURE3
Net income/(expenditure)		is stated after charging/(crediting):
			31,3.20
			F.
			283
Depreciation - Other operating	owned assets leases		569

	The average monthly number ofe	m	ployees during the year	was as follows:
						31.3,20
	Average monthly number ofemployees					2
	No employees received emoiuments		in excess of860,000,
g.	COMPARATIVES FOR THE STATEMENT OF FXNANCIAL			ACTIVITIES		Unrestricted
						funds
						F
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies
	Other trading activities Investment income					22,706 60
						22,886
	EXPENDITURE ON
	Raising funds
	Charitable activities
	Charitable Activities
	Total					26,678
	NET INCOME/(EXPENDITURE)					(3,792)
	RECONCILIATION OF FUNDS
	Total funds brought forward					39,58?
						35,795
1,0.	TANGXBLE FXXEDASSETS
				Short	Equipment
				leasehold	$.Furniture	Totals
					E	E
	COST
	At 1 April 2020 and 31March 2021			1,248
	DEPRECIATION
	At 1April.2020 Charge foryear			800 50	26,510 175	27,310 225
	At 31March 2021			850	26,685	27,535
	NET BOOKVALUE At 31March 2021					924
	At 31March 2020					1,149
						continued. ..

II.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
							31.3.20
	Trade debtors						1,037
12.	CREDITORS:	AMOUNTS FAI.UN6 DUE WITHIN ONE YEAR
						31,3.21
	Trade creditors					1,i32
	Social securitY	and other	taxes			(1)
13.	CREDITORS:	AMOUNTS FALLIN6 DUE AFTER MORE THAN			ONE YEAR
						31.3.21 f	31,3.20
	Other creditors						337
I4.	MOVEMENT IN FUNDS
						Net
						movement	At
					At 1.0,20	in funds	31.3,21
						E
	Unrestricted	funds
	General fund				5,795	8,006	13,861
	Designated funds				30,000		30,000
					35,795		03,841
	TOTAl. FUNDS				35„795		43,841
	Net movement	in funds,	included	in the above are as follows:
					Incoming	Resources	Movement
					resources E.	expended	in funds f
	Unrestricted	funds
	General fund				01,629	(33,583)	8,0'i6
	TOTAL FUNDS				01,629
	Cornparatives	for rnovernent		In funds
						Net
						movement	At
					At 1A,1.9	in funds	31.3.20
						E
	Unrestricted	funds
	General fund				9587	(3,792)	5,795
	Designated funds				30,000		30,000
					39,587	(3,792)	35,795
	TOTAL FUNDS				39,587	(3,792)	35,795

Incoming	Resources	Movement
resources	expended	in funds
	E.	E

Unrestricted	funds
General fund
TOTALFUNDS