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2021-03-31-accounts

Company registration number: 05445937 Charity registration number: 1111658

All Saints Centre Huthwaite Ltd

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 March 2021

Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

All Saints Centre Huthwaite Ltd

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8 to 9
Balance Sheet 10
Notes to the Financial Statements 11 to 19

All Saints Centre Huthwaite Ltd

Reference and Administrative Details

Charles Maiden Sue Maiden Jean Simmonds Christine Evans Helen Hayes David Rothery Elaine Wainaina David Rothery David Mills, Centre Manager

Trustees

Secretary David Rothery Senior Management Team Principal Office The Vicarage Blackwell Road Huthwaite Sutton in Ashfield Nottinghamshire NG17 2QT 05445937

Company Registration Number Charity Registration Number Independent Examiner

1111658 John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Page 1

All Saints Centre Huthwaite Ltd

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2021.

Trustees

Charles Maiden

Sue Maiden

Jean Simmonds

Christine Evans

Helen Hayes

David Rothery

Elaine Wainaina

Gillian Surgay (resigned 15 June 2020)

Mark Hoyland (resigned 31 May 2020)

Structure, governance and management

Nature of governing document

The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 6th May 2005. It has no share capital and the liability of each member in the event of winding-up is limited to £1.

Recruitment and appointment of trustees

Overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the memorandum and articles of association:

Additional co-opted members are appointed by the above Trustees.

Objectives and activities

Objects and aims

The principal objects of the charity are:

• To promote the benefit of the inhabitants of Huthwaite, and surrounding areas of Sutton-in-Ashfield and Ashfield “the area of benefit”, and to encourage these inhabitants to join together with voluntary and other organisations in a collective effort to advance learning and education, relieve poverty and to provide facilities and activities in the interest of social welfare for recreation and other leisure time activities with this object of improving condition of life for these inhabitants;

• To develop capacity and skills of the socially economic disadvantaged inhabitants in the company’s “area of benefit” in such a way as they are better able to identify, and help meet, their needs and to participate more fully in society;

• To establish a community resource centre and to maintain and manage the same, whether alone or in co-operation with any local authority or other organisations in furtherance of these objects.

Page 2

All Saints Centre Huthwaite Ltd

Trustees' Report

Objectives, strategies and activities

All Saints Infant School: during the pandemic we supported All Saints Pre school to deliver a Pre-School for under 5’s in our Centre. The Pre School have remained open consistently during the pandemic with minimal closures based upon "Test and Trace" government and educational guidelines. All Saints Infant School also hold their P.E. lessons in our hall as well as after school clubs.

Pre Pandemic: The Centre was used as a venue for various organisations as below.

The Centre has operated under the relevant Covid guidelines providing signage and all the relevant health and safety requirements as set out by the government at the time.

The support for compliance, especially by the All Saints Centre staff and various clients and users should be acknowledged.

Cubs, Scouts and Beavers Thriving Baby & Toddler Group Tea Dances Guitar group Community choir Craft Group Camera Club Local Labour Party Group Meetings Polling Station by Ashfield District Council Weight loss groups Community Midwife and Health Visitor appointments Childrens’ Musical Theatre Group Real Education Sports therapist

Room Hire: Under Covid guidelines to the public for functions (parties, weddings and funeral tea’s), training and conference purposes, each client has been required to operate under our Covid guidelines and any from their association or advisory body. A team of volunteers help provide a catering service to support these activities.

Public benefit

We hope post pandemic regulations that there will be continued success of the Community Café which is due to the commitment of those who volunteer their time and expertise.

Post pandemic: we envisage the large numbers of parents and their children who attend the weekly All Saints Baby & Toddler Group will be able to access a range of educationally sound play/craft activities. However, this will be based upon the commitment of a small group of volunteers who are involved in organising and running it.

The continued development of our working partnership with East Midlands Housing and Social Care has seen a large number of new users come into the Centre.

Post pandemic: large community events such as Church Fairs, Annual Pantomimes and Huthwaite Fun Raisers Fun Days can again be held in the Centre. No events have been held in this financial year having significant impact on the centre finances.

Pre pandemic: Volunteer led after school family events such as Children’s Craft events, a weekly Women’s Group and Women’s Film Nights, Men’s Nights and a monthly Table Top Sale were undertaken. Whilst the Centre provides much for parents with young children, we have also been able to provide a real mix of activities and opportunities for people of all ages within Covid compliance.

Page 3

All Saints Centre Huthwaite Ltd

Trustees' Report

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

All Saints Centre Huthwaite Ltd has remained a Covid Compliant Centre during the whole of this financial year. This is in no short measure due to the training, skills and work of the Centre Manager David Mills and the caretakers Micheal Burt and Len Hayes. The Trustees would like to record their thanks for their work and expertise.

During the pandemic the centre remained mainly closed.

Staff were furloughed in line with government guidelines. We acknowledge here the flexibility of the centre manager and caretakers during the previous and current Furlough Scheme.

A new client in EMHSC was established. This was somewhat delayed due to pandemic related issues.

We have made significant investment in the fabric and equipment of the Centre to ensure a high quality, safe and effective service can be offered post pandemic.

Rooms vacated by The Childrens Centre have been put back into general use and new clients have been identified to occupy these areas supporting the 2021-22 finances.

The Centre was fortunate to obtain a range of "Covid" based support grants from Government and Charities (please see financial report) and this has enabled us to maintain the centre, cover our rental agreements to All Saints Church and meet our outgoings in terms of insurance, maintenance and utility bills.

Financial review

Policy on reserves

Despite reductions in revenue, we still operate with the following principles:

•Regular reviews of our financial position at Trustee meetings (“Finance” is a standing item on the agenda);

•Annual budgets being communicated to and agreed by Trustees;

•Timely applications for additional revenue funding to meet ongoing costs;

•Applying for additional funding when opportunities for new services are highlighted that will incur additional costs.

We continue in our aim to become financially self-sufficient though it is clear how difficult it is to achieve this in the current financial and political climate.

Reserves essentially are used to meet maintenance and repair costs as the building ages.

Page 4

All Saints Centre Huthwaite Ltd

Trustees' Report

Principal risks and uncertainties

Covid-19

The Centre closed at the end of March 2020 due to the Covid 19 pandemic. Whilst we have received grants and rental payment from Nottinghamshire County Council it was unclear how we would progress with client rentals in the period 2020-2021.

We had very limited income from client users in this financial period.

NCC Childrens Service vacated the centre in April 2021. This was identified as a major revenue loss unless new tenants could be found.

The Community Café provides significant income for the Centre and due to the Covid 19 restrictions we are unclear how this can operate before 2022.

Centre operations

The Centre Manager is trained in completing risk assessments and has completed Health and Safety and Fire Training courses. The two part-time Caretakers also undergo regular training, including Health & Safety Training. The organisation has successfully completed the PQASSO Level 1 in quality assurance.

Trustee Roles & Responsibilities

The Company Secretary undertakes a monthly financial review along with the Centre Manager. We have regular Trustee meetings with a structured agenda. This gives opportunity to pick up on any issues that may arise at regular intervals. The agenda includes Manager’s Report, Finance, update from the main user of the building, Risk Assessments, staff issues, Public Concerns etc.

Income & Expenditure

The Trustees acknowledge that over 45% of our income was received by way of Service Charge from our primary user and partner (Sure Start Children’s Services). Even with this income being sustained in 2020-21, our reserves are reducing each year and the Trustees are intensifying efforts to look at ways to protect the long-term viability of the charity.

This still includes, but is not limited to applying for more revenue funding, requesting additional contributions from connected organisations, trying to open new income streams and options to reduce costs. New tenants have been established. This, however, will not replace the full revenue for the Sure Start/ NCC operations.

Sure Start/Childrens Centre Service Charge

This charge has been settled by Nottinghamshire County Council for several years but we are aware that the financial pressures they are under means early termination of their 25 year agreement with us. We are acutely aware that the period to April-21 is the last year the NCC will fund this service.

Given that our reserves are reducing even with the current Service Charge, the Trustees recognise that any reduction will have serious consequences for our ability to continue operating and providing the many services delivered to our local community through the charity / building.

Without the Covid grants during the past year there was a genuine fear for the future of the Centre. These grants and the HMRC support via the Job Retension Scheme have enabled the Centre to continue and remain viable during "lock down".

We now look forward to providing all our previous offerings to the local community.

Page 5

All Saints Centre Huthwaite Ltd

Trustees' Report

Statement of Trustees' Responsibilities

The trustees (who are also the directors of All Saints Centre Huthwaite Ltd for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: 16 Aug 2021

......................................... Charles Maiden Trustee

Page 6

All Saints Centre Huthwaite Ltd

Independent Examiner's Report to the trustees of All Saints Centre Huthwaite Ltd

Independent examiner’s report to the trustees of All Saints Centre Huthwaite Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

......................................

John O'Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

18/08/2021 Date:.............................

Page 7

All Saints Centre Huthwaite Ltd

Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16
Unrestricted
funds
£
53,158
36,476
89,634
(60,452)
(60,452)
29,182
29,182
10,846
40,028
Restricted
funds
£
-
10,400
10,400
(10,000)
(10,000)
400
400
-
400
Total
2021
£
53,158
46,876
100,034
(70,452)
(70,452)
29,582
29,582
10,846
40,428
Total
2020
£
3,784
83,401
87,185
(90,891)
(90,891)
(3,706)
(3,706)
14,552
10,846

All of the charity's activities derive from continuing operations during the two periods.

Page 8

All Saints Centre Huthwaite Ltd

Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

These are the figures for the previous accounting period and are included for comparative purposes

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16
Unrestricted
funds
£
3,784
83,401
87,185
(90,891)
(90,891)
(3,706)
(3,706)
14,552
10,846
Total
2020
£
3,784
83,401
87,185
(90,891)
(90,891)
(3,706)
(3,706)
14,552
10,846

Page 9

All Saints Centre Huthwaite Ltd

(Registration number: 05445937) Balance Sheet as at 31 March 2021

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
13
Creditors: Amounts falling due within one year
14
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
16
Unrestricted income funds
Unrestricted funds
Total funds
16
2021
£
-
3,385
39,442
42,827
(2,399)
40,428
40,428
400
40,028
40,428
2020
£
160
3,279
9,631
12,910
(2,224)
10,686
10,846
-
10,846
10,846

For the financial year ending 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements on pages 8 to 19 were approved by the trustees, and authorised for issue on 16th August 2021 .................... and signed on their behalf by:

......................................... David Rothery Company Secretary and Trustee

Page 10

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

1 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

All Saints Centre Huthwaite Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Exemption from preparing a cash flow statement

The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Page 11

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

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 are 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, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests 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 taxation in respect of income or capital gains received within 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.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Page 12

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

Asset class Depreciation method and rate Fixtures & fittings 20.0% straight line General equipment 20.0% straight line IT equipment 33.3% straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.

Page 13

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

2 Income from donations and legacies

Donations and legacies;
Donations from companies, trusts and similar proceeds
Grants, including capital grants;
Government grants
Other income from donations and legacies
Unrestricted
funds
General
£
7,500
45,203
455
53,158
Total
2021
£
7,500
45,203
455
53,158
Total
2020
£
2,057
400
1,327
3,784

3 Grants & donations

3
Grants & donations
Ashfield District Council
HMRC JRS
National Lottery Community Fund
Charities Aid Foundation
Sundry donations
Unrestricted
funds
£
25,000
20,203
-
7,500
455
53,158
Restricted
funds
£
400
-
10,000
-
-
10,400
Total
£
25,400
20,203
10,000
7,500
455
63,558

4 Income from charitable activities

Restricted grants
Rental & room hire
Sure Start rental & service charges
Catering income
Events
Unrestricted
funds
General
£
-
8,242
28,147
87
-
36,476
Restricted
funds
£
10,400
-
-
-
-
10,400
Total
2021
£
10,400
8,242
28,147
87
-
46,876
Total
2020
£
-
36,536
31,640
14,475
750
83,401

Page 14

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

5 Expenditure on charitable activities

Activities & events
Alarm & security
Bad debts
Catering expenses
Cleaning
Depreciation
Equipment, repairs & renewals
Insurance
Licences
Payroll expenses
Premises maintenance
Printing & stationery
Professional & admin fees
Rent
Telephone, IT & postage
Sundry expenses
Utilities
Publicity
Wages, NI & pension
Unrestricted
funds
General
£
-
895
550
-
3,876
160
405
661
424
736
8,403
144
689
-
795
-
9,977
6
32,731
60,452
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
10,000
-
-
-
-
-
10,000
Total
2021
£
-
895
550
-
3,876
160
405
661
424
736
8,403
144
689
10,000
795
-
9,977
6
32,731
70,452
Total
2020
£
720
1,448
-
5,754
3,824
160
3,406
4,761
2,874
490
4,580
329
730
10,000
803
79
11,799
-
39,134
90,891

6 Net incoming/outgoing resources

Net incoming/(outgoing) resources for the year include:

Depreciation of fixed assets

2021 2020
£ £
160 160

7 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 15

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Pension costs
2021
£
31,576
1,155
32,731
2020
£
37,740
1,394
39,134

The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:

Average no. of employees 2021
No
3
2020
No
3

1 (2020 - 1) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £1,155 (2020 - £1,394).

No employee received emoluments of more than £60,000 during the year.

The total employee benefits of the key management personnel of the charity were £20,411 (2020 - £24,627).

9 Fees payable to independent examiner

During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:

Accounting Plus are analysed as follows:
Independent examination
Other financial services
2021
£
565
608
1,173
2020
£
565
408
973

10 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 16

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

11 Tangible fixed assets
Cost
At 1 April 2020
At 31 March 2021
Depreciation
At 1 April 2020
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020
12 Debtors
Trade debtors
Prepayments
13 Cash and cash equivalents
Cash on hand
Cash at bank
14 Creditors: amounts falling due within
Trade creditors
Other creditors
General
equipment
£
18,392
18,392
18,232
160
18,392
-
160
one year
IT equipment
£
651
Fixtures &
fittings
£
4,327
Total
£
23,370
23,370
23,210
160
23,370
-
160
2020
£
2,473
806
651 4,327
651
-
4,327
-
651 4,327
- -
- -
2021
£
2,500
885
3,385
2021
£
50
39,392
39,442
2021
£
1,612
787
2,399
3,279
2020
£
50
9,581
9,631
2020
£
1,368
856
2,224

Page 17

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

15 Charity status

The charity is a company 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.

16 Funds

16 Funds
Unrestricted funds
General
General
Restricted funds
Rent
Café equipment
Total restricted funds
Total funds
Unrestricted funds
General
General
Balance at 1
April 2020
£
10,846
-
-
-
10,846
Balance at 1
April 2019
£
14,552
Incoming
resources
£
89,634
10,000
400
10,400
100,034
Incoming
resources
£
87,185
Resources
expended
£
(60,452)
(10,000)
-
(10,000)
(70,452)
Resources
expended
£
(90,891)
Balance at 31
March 2021
£
40,028
-
400
400
40,428
Balance at 31
March 2020
£
10,846

The specific purposes for which the funds are to be applied are as follows:

Rent - funding from National Lottery Community Fund for rent. Café equipment - funding from Ashfield District Council for Café equipment.

Page 18

All Saints Centre Huthwaite Ltd

Notes to the Financial Statements for the Year Ended 31 March 2021

17 Analysis of net assets between funds

17 Analysis of net assets between funds
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets
Unrestricted
funds
General
£
42,427
(2,399)
40,028
Restricted
funds
£
400
-
400
Unrestricted
funds
General
£
160
12,910
(2,224)
10,846
2021
Total funds
£
42,827
(2,399)
40,428
2020
Total funds
£
160
12,910
(2,224)
10,846

18 Related party transactions

During the year the charity made the following related party transactions:

Helen Hayes' husband received gross pay of £4,870 (2020: £5,969) for caretaking services. At the balance sheet date the amount due was £Nil (2020 - £Nil).

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