2022-03-31-accounts - Cantley Community Centre

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Registered number 05428713

Cantley Community Centre Ltd

Report of the Directors and Unaudited Financial Statements

31 March 2022

Cantley Community Centre Ltd Registered number: 05428713 Directors' Report

The directors present their report and accounts for the year ended 31 March 2022.

Principal activities

The company's principal activity during the year continued to be the provision and operation of community centre faciltities

Directors

The following persons served as directors during the year:

G Crossman M Dixon R Drake S Gilligan M Herring

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 11 October 2022 and signed on its behalf.

Director

Cantley Community Centre Ltd

Independent examiner’s report to the trustees of Cantley Community Centre

I report on the accounts of Cantley Community Centre for the year ended 31 March 2022.

Respective responsibilities of trustees and examiner

It is my responsibility to:

examine the accounts under section 145 of the Charities Act 2011(the 2011 Act)
to follow the procedures laid down in the general Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.

Independent examiner’s qualified statement

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the following requirements have not been met:

to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of the 2011 Act and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities.

Name: Tracy Crowe CPFA FIRRV

Company: Bawtry Accountants Ltd

Relevant professional qualification or body: Chartered Institute of Public Finance and Accountancy (CIPFA)

Address: Beehive Centre, Bawtry Hall, South Parade, Bawtry, DN10 6HJ Date: 12 September 2022

Cantley Community Centre Ltd Income and Expenditure Account for the year ended 31 March 2022

Income Direct costs Gross profit Administrative expenses Grant income Operating profit Interest receivable Surplus/(Deficit) for the financial year	2022 £ 47,885 (578) 47,307 (63,698) 22,242 5,851 - 5,851	2021 £ 6,649 (587) 6,062 (59,895) 80,927 27,094 - 27,094

Cantley Community Centre Ltd Registered number: 05428713 Balance Sheet as at 31 March 2022

Notes Fixed assets Tangible assets 2 Current assets Debtors 3 Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Capital and reserves Profit and loss account Centre Funds	2022 £ 3,505 5,208 64,811 70,019 (945) 69,074 72,579 72,579 72,579	2021 £ 301 - 66,907 66,907 (480) 66,427 66,728 66,728 66,728

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

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.

Director

Approved by the board on 11 October 2022

Cantley Community Centre Ltd Notes to the Accounts for the year ended 31 March 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

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 evenly over its expected useful life, as follows:

Fixtures and fittings

15% reducing balance

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.

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.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Tangible fixed assets

Cost At 1 April 2021

Fixtures and Fittings £ 4,283

Cantley Community Centre Ltd Notes to the Accounts for the year ended 31 March 2022

At 31 March 2022 Depreciation At 1 April 2021 Charge for the year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 3 Debtors Trade debtors Other debtors 4 Creditors: amounts falling due within one year Taxation and social security costs	2022 £ 5,208 - 5,208 2022 £ 714	8,178 3,982 691 4,673 3,505 301 2021 £ - - - 2021 £ 480

5 Other information

Cantley Community Centre Ltd is a private company limited by shares and incorporated in England. Its registered office is:

136 Goodison Boulevard

Cantley DN4 6DF

Cantley Community Centre Ltd Detailed profit and loss account for the year ended 31 March 2022

This schedule does not form part of the statutory accounts

Income Direct costs Gross profit Administrative expenses Grant income Operating profit Interest receivable Surplus/(Deficit) for the financial year	2022 £ 47,885 (578) 47,307 (63,698) 22,242 5,851 - 5,851	2021 £ 6,649 (587) 6,062 (59,895) 80,927 27,094 - 27,094

Cantley Community Centre Ltd Detailed profit and loss account for the year ended 31 March 2022

This schedule does not form part of the statutory accounts

Income Income Direct costs Purchases Other direct costs Administrative expenses Employee costs: Wages and salaries Pensions Employer's NI Premises costs: Water Rates Light and heat Cleaning General administrative expenses: Telephone and fax Stationery and printing Bank charges Insurance Repairs and maintenance Depreciation Sundry expenses Legal and professional costs: Accountancy fees Other legal and professional Other operating income Grant income	2022 £ 47,885 - 578 578 51,696 1,063 - 52,759 735 5,046 - 5,781 256 53 205 1,581 - 691 397 3,183 1,464 336 1,975 63,698 22,242	2021 £ 6,649 346 241 587 47,145 627 - 47,772 409 6,119 - 6,528 709 75 106 1,617 1,142 300 43 3,992 1,583 20 1,603 59,895 80,927