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2021-03-31-accounts

ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS OF LAVENHAM COMMUNITY COUNCIL FOR THE YEAR ENDED 31 March 2021 Reg￿tered Company 5269736 Registered Chanty 111x9

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LAVENHAM COMMUNrrY COUNCIL rEKfs OF THE ANNUAL REPORT TO 31 MARCH 2021 Trustees Report Pa98 1 IrKlependent Examir*s ReF Balan(x Sheet Notes to the Finan(xal Ststem

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LAVENHAM COkthqUNrrY COUNCIL Chiy No 111Th6) INDEPENDENT EXAMINERE REPORTTO THE TRUSTEES OF L4VENHAM COMMUNrrY COUNCIL I rewl on tho forthe yew eThted 31 Mw¢h 2021 #•t Lwt ￿ pap 3 kn 9 RESPONSIBILrrES AND BASIS OF REPORT (the 2CQ6 Adl Having sat￿￿ed mywthal the ofthe C(¥npwry ¥e ￿t to b• 8udlt•d utyjw Part 18 of Act and are elybl8 for indopwxtsrt ¢xwThnalion, I rep(¥t in reBpe( of my 8%￿nIn9111)n of choritys awxjnts 88 rarried under sedion 145 of the Chili8s A(a 2011 lthe 2011 Adl. In caryiThJ out my exam1r￿t￿￿ I frJIMd the the Chanty Comnyssion s•ciion 14515)Ibl of the 2011 Act. INDEPENDE￿ EXAMINERE STATEMEKr ith tha 9xamina1￿ gfvlng me CaUBe to td10￿.. 2C￿￿ ACL. or other than any raquIrnrr￿ that It￿ act￿nts &¥ve a aThJ r¥)t a mail•r aPFdvbkn in th? UK oTrJ RepJN* of ITeknJ <FRS 102)). r￿Chad. C L Bassrft FCA DC 28 The G￿be. s￿1b￿ry Road Lavenham Sudbury. Suffdk C010 gSN Page 2

LAVENFL4M C(M•JNrrf COUNCIL (Regwtwed Clwty l>. 11W) STATEME￿ OF FIpWIc￿LAcTV￿T￿Es FOR THE YEAR ENDED AS AT 31 MARCH 2021 IIICOME FROM: DOnat￿S grants aThJ wMx¥ne Investment &37 VINage Hal otOT Hidden Gwd8n$ 100 c￿b$ Pa￿lon In￿Me exckJn￿ s[￿rts C*Jb Rental ITh> 14.8(KJ 65.982 5,845 2.182 2.182 1.012 1.012 102.030 11r2.030 W,4 TOTAL INCOME EXPENfMTURE ON: H4N Motor Show H#l¢Jen Garde IC(J Clubs Sundry E¥pente8 Grants Mad Pavllknn EyrM8 Depredatlon 51,816 S37 51.618 66,550 $67 21 1,642 202 2,518 2.￿ 43.217 45,253 45,291 2. 160 62.888 43,217 105,W3 124413 TOTAL EXPENDITURE 82,886 43,217 105,903 124413 Ngf INCOME IEXPENDrruRE> 39.344 43217 4.8n 45.￿T TOTAL FUNDS BROUGHT FORWARD AT 1ST APRIL 2020 .825 1,043,408 1.LW.033 7,139.040 TOTAL FUNOS CARRIED FORWARD AT 31ST K4RCH 2021 89.969 1.IXKI.191 lo4).1￿ 1.094.033

LAVENHAM COMMUNrrY COUNCIL (Registered Charity No. 11r￿956) 2(r21 2020 FIXED ASSETS Tangibl8 1.(K15.239 1.050.492 CURRENT ASSETS Debtor8 and prwv Ca8h al bank and in haThJ str￿ at O)8t 1.519 90.977 879 .171 1,378 52,434 92.981 CURRENT LL4BILITIES Credrtors. aftunts falllffj duo ￿1th1n ￿ y 8,893 NET CURREKf ASSETS I (LIABIUTIES) 84,Y21 43,541 TOTAL NET ASSETS 1,0￿.160 1.094.033 FUNDS Unrostsided Restricted 89,￿9 1,000,191 50,625 1,043,408 10 The charitabl6 eofflpany is onlrtw to eXeryt￿ fr(Kn audit under P)￿{1￿ 477 of lh8 C￿nIeS kt 20 for the year ènded 31st M8r¢h 2021. The mèmbern havo not Twuired the Charitab￿ Corywby to obtain an a￿111 of its fin•nual statements for the year ended 31 March 2021 ￿ aC￿l￿rKe tPith Soci￿ 476 crt the Cryiie8 Pd 2(M)6. The trustees ackncmtknjge their r88ponsi￿111￿ for {al ensuring that the charilable company keep8 a¢(xwntirKJ re(xxds Ihat (xxnpFy 8e¢tion8 386 and 387 of the compan￿ Act 20r￿ and bxeparing fM)anck81 statern￿ts gN¢ a and fair thg state ￿ affairs of Ihe Charrtab￿ company as ai the •nd of financ￿1 and of rts suWu$ or d8ficit f(ff ￿ch financial year in a¢cordan¢e ￿th the requirem￿1$ of ￿tiOnS 354 and 395. and which othgrwise compty with the requIffjff￿ts of the c￿￿nI&S Act 21Kl8 re to fin8ncAal statements, 80 far a8 applUb￿ to the chantable ccmp8ny. These financial statements have been prepared in a¢A))rd￿ Tmth the sp&wl wovis*Jns relatiTrJ lo small charitable Compan￿ and in ￿o￿lanCe with the Fina￿la1 Rewting StarKtard 102. The Financial Reportin Standard applicab￿ to the UK and the Republ￿ of lrn&nd The finanual stslements 4)proved ty the Board of Tn￿t00$ ￿.. signed on 118 behaw by.. Ib} Philip Smilh- Tru8tee justi￿ Comw. TFUSto9 The notes on pages S to 9 foTh pwt dthese P¥4

(R￿rat8￿¢ Charity No1 ICf)¥fjl NOTES TO THE 1 ACCOUNnNG POUCIES 31st Irelan(I IFRS1021 l•ff8ctpA l Januwy 20151. ICharls SORP IFRS1021. tts F￿￿181 ReFthtr Stsndard ¥PlUb￿ UK aThJ RewL d IfelaThl IFRS1021 KI th8 2QX. The tharity q)nsithJles a berth as ¢iefwd ty FRS 102. FUNDS of the tnJ8tees. GOING CONfERN to wth.nue u • gokn# (ffi(xm. INCOME EXPENDITURE costs of lor wpoM•. TAMTION STOCKS FIXED ASSErs •iilwnoled us•frJl Equw8nC fttturns fi￿r￿.￿an 10% It rnty wum1. LEASES 1 AfuN ropgwry kn5è OBg•>a Par￿￿ Churth C￿n￿l IPCCI tr Ihe Gt kn a tsrm of40 years ¥fflth efkdfrryn 1 Jurn 2C(14 818 reM of £150 Fer annum ilh rent revkn¥s o¥ery 5 Y￿￿. th8ir TnJsl. Il PCC ￿Ffor* d8frnd land

LAVENHAM COMMUNrrY COUNCIL (Registered Chanty No. lll￿956) TES TO THE FINANCIAL STATEMENT the re￿ 31 March 2021 INCOME FuThJ 4.YJ9 54,203 6.495 7,279 3,706 Library Rent 6.495 3.7( 14.800 65.982 2b In￿SI￿ntIr￿1YDft Bank Intsre8t Don8tion Grnnts andsimfiarlnc 19.469 19.489 80.￿5 537 80.434 537 EXPENDrruRE L￿ht ond heat In8uranc Rent and R8tèB Repairs arKI C1￿M¥j 8ar Purcha# 5,541 3,1 3,139 10.726 2, 152 1, 152 3,180 3.160 498 12.689 12.689 894 507 43 29,¥NM Event Co¥ts Wages Tdephone and Sur•les 4,298 32,666 51.616 51.616 Lavenhom Gocrfj N*ghbcA Gryphon Firnt Responde Friends of Lavénham 250 It>) 100 2,518 Deprecaat 43,217 45.253 Stheme was £19,469 Pa9e 6

LAVENHAM COUMUNrrY COUNCIL NOTES TO THE FINPthICIAL STATEIAENTS for the eThJgJ 31 Marth 202 Funds FurKIs Rates ar￿ Water 65 700 104 7f 104 1,621 742 Z841 Repairs FenrAng. Hwjgej & Car Pwk 3,280 6.995 5,589 2, f 60 EMPLOYEE AND STAFF COSTS The avtrnga number offvl & parttime empltrrns thmg Salam8 and W•g Natsonal Inwr8nce Pension Contrlyjtr Payrdl CA)•ts 28.244 31,769 465 1.195 29.904 637 32,666 TRUSTEES REMUNERATION ANO BENEFITS the year ended 31 Marth 2020 d 31 March %)20.

LAIIENFL4M COMPAUNrrY COUNCIL NOTES TO THE FINANC rs forthe ended 31 MARCH 21 FIXED ASSETS T￿Ible r￿ed assets & fitlin 2021 As at 1.4.20 56276 1,482,46S 1.538.741 at 31.03.21 56276 1,482.465 1.538,741 A8 at 1.4.20 Charge ft￿lhe 44.218 444.031 42.244 488,249 45,253 at 31.03.21 47.227 533,$02 N•t at 31m21 996 190 1.005 239 Net book Value at 31.03.20 12.058 1.038 434 1095.763 DEBTORS 1,429 90 1.519 879 P•Je 8

TES TO TH IAL STATEKI Sforthe arth 2021 UABILMES: AMOUNTS FhLUNG DUE IMTHIN ONE YEAR Total 2020 2021 ANALYSIS OF NET ASSEfs BY FUND Total Fu Taroble f￿1 as¥¢ts 7.096 998.143 1.005.239 1,050,492 2,251 50.7TT -Q893 Cash Current 88.929 90,977 89.969 1,0￿.•91 1.09).180 1094.033 10 MOVEAIENT IN FUNDS 31A)W20 Inctsnè Exp￿1￿10 31103rI021 50,625 102.030 02.888 89, Villap Hall & Pavll Awa￿$ for Al Building Exten81 Pre school FU￿16 2.108 3.324 37T.345 631 28.508 635,600 2,335 381,625 631 15,720 1.043.408 43.217 1 fJ)0,191 Totsl 1.094.033 102.030 105.903 1 090.160 The VINage Hall & Pthkn, Aw¥d• trAI Exten￿ Fwh#s to fvrbJirvJ r￿Nfjd and expended on these ca￿1 wopcts. The balar￿ rewesont the net book voluo of tho as$•t Pago 9