Registered number: 4540779
MARDYKE YOUTH AND COMMUNITY ASSOCIATION DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
KST ACCOUNTANTS
INCORPORATED FINANCIAL ACCOUNTANTS
104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Directors' Report and Unaudited Financial Statements For The Year Ended 31 December 2020
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountants' Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 8 |
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Company Information For The Year Ended 31 December 2020
Directors Mrs Irene Lesley Blowers Mr John Grant Mr Richard Murton Ms Brenda Addison Company Number 4540779 Registered Office Mardyke Community Centre, South Street, Rainham, Essex, RM13 8PJ Accountants KST ACCOUNTANTS INCORPORATED FINANCIAL ACCOUNTANTS 104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
Page 1
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Company No. 4540779 Directors' Report For The Year Ended 31 December 2020
The directors present their report and the financial statements for the year ended 31 December 2020.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors 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 company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
Mrs Irene Lesley Blowers Mr John Grant Mr Richard Murton Ms Brenda Addison
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Ms Brenda Addison
Director
13/06/2021
Page 2
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Accountants' Report For The Year Ended 31 December 2020
In accordance with the engagement letter dated 07 October 2015, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2020 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
KST Accountants
13/06/2021
KST ACCOUNTANTS INCORPORATED FINANCIAL ACCOUNTANTS 104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
Page 3
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Income and Expenditure Account For The Year Ended 31 December 2020
| Notes TURNOVER GROSS SURPLUS Administrative expenses Other operating income OPERATING SURPLUS Other interest receivable and similar income SURPLUS FOR THE FINANCIAL YEAR |
2020 £ 28,780 28,780 (33,176) 5,000 604 8 612 |
2019 £ 62,438 |
|---|---|---|
| 62,438 (57,733) - |
||
| 4,705 - |
||
| 4,705 |
The notes on pages 6 to 7 form part of these financial statements.
Page 4
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Balance Sheet As at 31 December 2020
| Notes FIXED ASSETS CURRENT ASSETS Debtors 4 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 5 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2020 £ £ 1,016 39,218 40,234 (1,304) 38,930 38,930 38,930 38,930 38,930 |
2020 £ £ 1,016 39,218 40,234 (1,304) 38,930 38,930 38,930 38,930 38,930 |
2019 £ £ 1,633 38,179 39,812 (1,494) 38,318 38,318 38,318 38,318 38,318 |
2019 £ £ 1,633 38,179 39,812 (1,494) 38,318 38,318 38,318 38,318 38,318 |
|---|---|---|---|---|
| 38,930 | 38,318 | |||
| 40,234 (1,304) |
39,812 (1,494) |
|||
| 38,930 | 38,318 | |||
| 38,930 | 38,318 | |||
| 38,930 | 38,318 | |||
| 38,930 | 38,318 |
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Ms Brenda Addison
Director
13/06/2021
The notes on pages 6 to 7 form part of these financial statements.
Page 5
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Notes to the Financial Statements For The Year Ended 31 December 2020
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 0
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2019: 2)
3. Tangible Assets
| Cost As at 1 January 2020 As at 31 December 2020 Depreciation As at 1 January 2020 As at 31 December 2020 Net Book Value As at 31 December 2020 As at 1 January 2020 |
Fixtures & Fittings £ 27,882 |
|---|---|
| 27,882 | |
| 27,882 | |
| 27,882 | |
| - | |
| - |
Page 6
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Notes to the Financial Statements (continued) For The Year Ended 31 December 2020
4. Debtors
| Due within one year Trade debtors Due after more than one year Trade debtors . Creditors: Amounts Falling Due Within One Year Trade creditors F/R COMMUNITY GROUP |
2020 £ 1,255 1,255 (239) (239) 1,016 2020 £ 770 534 1,304 |
2019 £ 1,633 |
|---|---|---|
| 1,633 - |
||
| - | ||
| 1,633 | ||
| 2019 £ 960 534 |
||
| 1,494 |
5. Creditors: Amounts Falling Due Within One Year
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7. General Information
MARDYKE YOUTH AND COMMUNITY ASSOCIATION is a private company, limited by guarantee, incorporated in England & Wales, registered number 4540779. The registered office is Mardyke Community Centre, , South Street, , Rainham, , Essex,, RM13 8PJ.
Page 7
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Detailed Income and Expenditure Account For The Year Ended 31 December 2020
| TURNOVER Facilities Hire Fundraising & Donations Kitchen Sundry Income Restricted Income Public Hire Income Activity week inc GROSS SURPLUS Administrative Expenses Wages and salaries Rent Cleaning Security costs Volunteer cost Kitchen Expenses Supplies & Equipments Events Utilities Repairs, renewals and maintenance Insurance Fundraising Committee Printing, postage and stationery Telecommunications Accountancy fees Festival & Events Sundry expenses Other Operating Income Other coronavirus grant income OPERATING SURPLUS Other interest receivable and similar income Bank interest receivable SURPLUS FOR THE FINANCIAL YEAR |
2020 £ £ 25,241 767 945 - - 1,827 - 28,780 28,780 13,948 4,385 1,067 - 28 100 1,000 749 4,531 2,267 621 1,711 60 1,942 770 - (3) (33,176) 5,000 5,000 604 8 8 612 |
2020 £ £ 25,241 767 945 - - 1,827 - 28,780 28,780 13,948 4,385 1,067 - 28 100 1,000 749 4,531 2,267 621 1,711 60 1,942 770 - (3) (33,176) 5,000 5,000 604 8 8 612 |
2019 £ £ 50,777 3,617 - 926 2,743 3,825 550 62,438 62,438 24,909 7,619 1,284 359 - 1,343 1,051 - 6,298 5,901 - 2,776 1,426 1,575 960 1,159 1,073 (57,733) - - 4,705 - - 4,705 |
2019 £ £ 50,777 3,617 - 926 2,743 3,825 550 62,438 62,438 24,909 7,619 1,284 359 - 1,343 1,051 - 6,298 5,901 - 2,776 1,426 1,575 960 1,159 1,073 (57,733) - - 4,705 - - 4,705 |
|---|---|---|---|---|
| 28,780 28,780 (33,176) 5,000 |
62,438 62,438 (57,733) - |
|||
| 5,000 | - | |||
| 8 | - | |||
| 604 8 |
4,705 - |
|||
| 612 | 4,705 |
Page 8
Registered number: 4540779
MARDYKE YOUTH AND COMMUNITY ASSOCIATION DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
KST ACCOUNTANTS
INCORPORATED FINANCIAL ACCOUNTANTS
104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Directors' Report and Unaudited Financial Statements For The Year Ended 31 December 2020
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountants' Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—7 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 8 |
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Company Information For The Year Ended 31 December 2020
Directors Mrs Irene Lesley Blowers Mr John Grant Mr Richard Murton Ms Brenda Addison Company Number 4540779 Registered Office Mardyke Community Centre, South Street, Rainham, Essex, RM13 8PJ Accountants KST ACCOUNTANTS INCORPORATED FINANCIAL ACCOUNTANTS 104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
Page 1
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Company No. 4540779 Directors' Report For The Year Ended 31 December 2020
The directors present their report and the financial statements for the year ended 31 December 2020.
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors 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 company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
Mrs Irene Lesley Blowers Mr John Grant Mr Richard Murton Ms Brenda Addison
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Ms Brenda Addison
Director
13/06/2021
Page 2
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Accountants' Report For The Year Ended 31 December 2020
In accordance with the engagement letter dated 07 October 2015, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2020 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
KST Accountants
13/06/2021
KST ACCOUNTANTS INCORPORATED FINANCIAL ACCOUNTANTS 104 NORTHWOOD AVENUE ELMPARK ESSEX RM12 4PX
Page 3
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Income and Expenditure Account For The Year Ended 31 December 2020
| Notes TURNOVER GROSS SURPLUS Administrative expenses Other operating income OPERATING SURPLUS Other interest receivable and similar income SURPLUS FOR THE FINANCIAL YEAR |
2020 £ 28,780 28,780 (33,176) 5,000 604 8 612 |
2019 £ 62,438 |
|---|---|---|
| 62,438 (57,733) - |
||
| 4,705 - |
||
| 4,705 |
The notes on pages 6 to 7 form part of these financial statements.
Page 4
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Balance Sheet As at 31 December 2020
| Notes FIXED ASSETS CURRENT ASSETS Debtors 4 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 5 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income and Expenditure Account MEMBERS' FUNDS |
2020 £ £ 1,016 39,218 40,234 (1,304) 38,930 38,930 38,930 38,930 38,930 |
2020 £ £ 1,016 39,218 40,234 (1,304) 38,930 38,930 38,930 38,930 38,930 |
2019 £ £ 1,633 38,179 39,812 (1,494) 38,318 38,318 38,318 38,318 38,318 |
2019 £ £ 1,633 38,179 39,812 (1,494) 38,318 38,318 38,318 38,318 38,318 |
|---|---|---|---|---|
| 38,930 | 38,318 | |||
| 40,234 (1,304) |
39,812 (1,494) |
|||
| 38,930 | 38,318 | |||
| 38,930 | 38,318 | |||
| 38,930 | 38,318 | |||
| 38,930 | 38,318 |
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Ms Brenda Addison
Director
13/06/2021
The notes on pages 6 to 7 form part of these financial statements.
Page 5
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Notes to the Financial Statements For The Year Ended 31 December 2020
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 0
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2019: 2)
3. Tangible Assets
| Cost As at 1 January 2020 As at 31 December 2020 Depreciation As at 1 January 2020 As at 31 December 2020 Net Book Value As at 31 December 2020 As at 1 January 2020 |
Fixtures & Fittings £ 27,882 |
|---|---|
| 27,882 | |
| 27,882 | |
| 27,882 | |
| - | |
| - |
Page 6
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Notes to the Financial Statements (continued) For The Year Ended 31 December 2020
4. Debtors
| Due within one year Trade debtors Due after more than one year Trade debtors . Creditors: Amounts Falling Due Within One Year Trade creditors F/R COMMUNITY GROUP |
2020 £ 1,255 1,255 (239) (239) 1,016 2020 £ 770 534 1,304 |
2019 £ 1,633 |
|---|---|---|
| 1,633 - |
||
| - | ||
| 1,633 | ||
| 2019 £ 960 534 |
||
| 1,494 |
5. Creditors: Amounts Falling Due Within One Year
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7. General Information
MARDYKE YOUTH AND COMMUNITY ASSOCIATION is a private company, limited by guarantee, incorporated in England & Wales, registered number 4540779. The registered office is Mardyke Community Centre, , South Street, , Rainham, , Essex,, RM13 8PJ.
Page 7
MARDYKE YOUTH AND COMMUNITY ASSOCIATION Detailed Income and Expenditure Account For The Year Ended 31 December 2020
| TURNOVER Facilities Hire Fundraising & Donations Kitchen Sundry Income Restricted Income Public Hire Income Activity week inc GROSS SURPLUS Administrative Expenses Wages and salaries Rent Cleaning Security costs Volunteer cost Kitchen Expenses Supplies & Equipments Events Utilities Repairs, renewals and maintenance Insurance Fundraising Committee Printing, postage and stationery Telecommunications Accountancy fees Festival & Events Sundry expenses Other Operating Income Other coronavirus grant income OPERATING SURPLUS Other interest receivable and similar income Bank interest receivable SURPLUS FOR THE FINANCIAL YEAR |
2020 £ £ 25,241 767 945 - - 1,827 - 28,780 28,780 13,948 4,385 1,067 - 28 100 1,000 749 4,531 2,267 621 1,711 60 1,942 770 - (3) (33,176) 5,000 5,000 604 8 8 612 |
2020 £ £ 25,241 767 945 - - 1,827 - 28,780 28,780 13,948 4,385 1,067 - 28 100 1,000 749 4,531 2,267 621 1,711 60 1,942 770 - (3) (33,176) 5,000 5,000 604 8 8 612 |
2019 £ £ 50,777 3,617 - 926 2,743 3,825 550 62,438 62,438 24,909 7,619 1,284 359 - 1,343 1,051 - 6,298 5,901 - 2,776 1,426 1,575 960 1,159 1,073 (57,733) - - 4,705 - - 4,705 |
2019 £ £ 50,777 3,617 - 926 2,743 3,825 550 62,438 62,438 24,909 7,619 1,284 359 - 1,343 1,051 - 6,298 5,901 - 2,776 1,426 1,575 960 1,159 1,073 (57,733) - - 4,705 - - 4,705 |
|---|---|---|---|---|
| 28,780 28,780 (33,176) 5,000 |
62,438 62,438 (57,733) - |
|||
| 5,000 | - | |||
| 8 | - | |||
| 604 8 |
4,705 - |
|||
| 612 | 4,705 |
Page 8
CHARITY COMMISSION FOR ENGLAND AND WALES MARDYKE YOUTH AND COIW.MUNITY ASSOCIATION Chai-ity No if ari 1112011 Annua accounts for the To eriod Period start date Period end date 0.10112020 3111212020 Section A Statement of financial activities Restricted income funds Recommended categories by activity Un-estricted funds Endowment funds Prior year funds Total funds Incoming resources (Note 3) Income and endowments from: Donations and legacies Charitable activities F01 F02 F03 F04 F05 S01 S02 Other trading activities Investments S03 S04 Separate material item of income Government grant Other S05 5,000 28,780 S06 28,780 62,438 Bank interest Total Resources expended (Note 6) Expenditure on: Raising funds Charitable activities S07 33,788 s add error 62,438 S08 S09 Separate material item of expense other S10 S11 33,176 33,176 33,176 33,176 57,733 57,733 Total S12 Net incomel(expenditure) before investment gainsl(losses) Net gains/(losses) on investments Net incomel(expenditure) Extraordinary items Transfers between funds Other recognised gainsl(losses): S13 612 612 4,705 S14 S15 612 612 4,705 S16 S13 Gains and losses on revaluation of fixed assets for the charity's own use Other gainsl(losses) Net movement in funds S18 S19 S20 612 612 4705 Reconciliation of funds." Total funds brought forward Total funds carried forward S21 S22 612 612 4,705
Section B Balance sheet Restricted income funds Unrestricted funds Endowment Total this funds year Total last year Fixed assets Intangible assets Tangible assets Heritage assets Investments F01 F02 F03 F04 F05 (Note 15) (Note 14) (Note 16) (Note 17) B01 B02 B03 B04 Other Total fixed assets B05 Current assets Stocks (Note 18) Debtors (Note 19) Investments (Note 17.4) Cash at bank and in hand (Note 24) Total current assets B06 B07 1,016 1,016 1,633 B08 Bog 39,218 40,234 39,218 40,234 38,179 39,812 B10 Creditors: amounts falling due within one year (Note 20) B11 1,304 1,304 Net current assets/(liabilities) B12 38,930 38,930 39,812 Total assets less current liabilities B13 39,812 Creditors: amounts falling due after one year (Note 20) Provisions for liabilities B14 1,494 B15 Total net assets or liabilities Funds of the Charity Endowment funds (Note 27) Restricted income funds (Note 27) Unrestricted funds Revaluation reserve B16 38,930 38,930 38,318 B17 B18 29,462 8,856 B19 38,930 38,930 B20 Total funds B21 38,930 38,930 38,318 Signed by one or two trustees on behalf of all the trustees Date of approval dd/mm/ Signature Print Name CC17a (Excel) 3010612021
Section C Noles to thè accounts Nole 1 Basls of preparatlon Thls soctlon Should bo compl•l•d by all charftles. 1.1 Basis of accountlng These accounls have been prepared under the hlstorSca cost conventlon th Itoms fecognised al cost or transaction valuo unless oth¢Th%I8Q Statod In the relevani note(s) lo these accounts. The aGGount5 have been repared in accordance Y*lth; Ihe Statement ol Recommeided Pracllce: Accountlng and Reportlng by Charities preparlng thelr accounts In Lcordance vlth the Flnanclal Reporling Standard applleable in the UK and Republlc of Ireland (FRS 102)188ued on 16 July 2014 and ¥s11h' and Yth. the Flnancial Reportlng Slangard appllcable In the Unlted Kingdom ond Republic of Ireland (FRS 102) • and Ihe Charities Act 2011. The Charity constitutes a publlc benefit entlty as deflned ?y FRS 102,. -Tlck as appropriato 1.2 Golng concern If Ihern are motorlal uncertalnllos rnlated to evonts Oi condltlon5 Ihal cast slgnlflcant doub¢ on Iho ch4rltrf4 ablllty to eontlnue as a golng concerni please provlc•e the followlng de¢all8 or slate "Nol appllcDble", 11 approprfato.. An explanation as to those factors thal 8UPPOrt the ¢onclu6ion that the ¢harity1s a going Disclosuro of any uncertalnties that make the golng Goncern as8umptlon doubtful; Where accounts are not prepared on a going concern basls, ploa8e dlsclose thls fact together with tho basls on vthich the trustees prepared the accounts and the reason vkny the charity 58 not Tegarded as a golng concem. 1.3 Change of accountlng pollcy The ac¢ount8 present a true and falr vlew and the accourtlng pollcle8 adopted are those oulllned In note { }. Yes. .Tick a$ appropriate Ploaso dlsclose.. (l) th• nalurn of the chango In accountlnq poll¢y,' (11) the roasons why applylng the new accoundng polrfy provldes more rnllable and more relevan¢ Infom?atlon. and (111) Ihe amount of Ihe adjuslmenl for each Ilne affo¢tal In Ih? currenl p¢rfod, each ptlorperfod prejented anc the aggregate amount of the adjuslmont r•lallng lo perlods befor• those pr•sont•d, 3.44 FRS 102 SORP. 1,4 Changes to accountlng estlmates No Changes to accountlng o61imates have occurred In Ihe -eportlng perlod (3.46 FRS 102 SORP). Yes. -Tlck as approprl8te Ploase dlscloso.. (l) Iho nature of any changes,. (11) ¢ho effect of Iho change on Income and expense or a$sols and Ilablllllos for the CUOnt perfod,. and 11) whero praellcable, the offoct of the chango In one or more futur• p•rtods. 1.5 Material prlor yoai errors No materlal prlor year error have been Ider)tifled In the rep•rtlng perlod (3.47 FRS 102 SORP). Ye$" Plea50 dlsc103Q.' OJ tho nalure olthe prfor perlod ¢rmr,' (11) for each prforporfod presented In Iho accounts, ¢h• amounl of the corrocdon for •ach account Ilno Itom affected,. and (111) the amount of the CoeCtIon at the beglnnlng of th oarllest prfor portod presented In the a¢¢ounts. CC17a {Exc¢l) 3010612021
Section C Notes to the accounts Note 2 Accounting policies Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable. 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE Please provide a descrlption of the nature of each change in accountlng pollcy Reconcllation of funds per prevlous GAAP to funds detfrrmlned under FRS 102 Start of End of perlod period Fund balances as prevlously stated Adjustments.. Fund balance as reststed Reconcllatlon of net Income/(net expenditure) per previous GAAP to net Income/(net expenditure) under FRS 102 End of Net Incomel(expendlture) as prevlously stated Adjustments.. Prevlous perlod net Incomel(expenditure) a8 restated CC17a (Excel) 3010612021
Section C Notes to the accounts (cont) Note 2 2.2 INCOME Accounting policies This standard lis+ of accounting policies has been applied by the charity except for those ticked "No" or "N/a" Where a different or addibonal policy has been adopted then this is detailed in the box below. 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; and the monetary value can be measured with sufficient reliability. Yes No Nla Offsettlng There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Yes No N/a Yes No N/a Grants and donatlons Grants and donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are let (5.16 FRS 102 SORP). Legacies are included In the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Yes No Nla Legacles Yes No Nla Government grants The charity has received government grants in the reporting period Yes No Nla Gift Aid receivable is included in income when there is a va:id declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual Income and This is only included in the SOFA once the charity has provided the related goods or perfonnance related grants services or met the performance related conditions. Tax reclaims on donation8 and glfts Yes No Nla Yes No Nla Yes Donated good8 Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. N/a The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and thgy are recognised on receipt. In the reporting period in which the stocks are distributed, tY are recognised as an expense at the carrying amount of the stocks at distribution, Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised In 'lncome from other tradlng activities, with the corresponding stock recognised In the balance sheet. On its sale the value of stock is charged against'lncome from other trading activities, and the proceeds from sale are also recognised as 'lncome from other trading activities,. Yes N/a Yes No Nla Goods donated for on-going use by the charity are recognised as tangible fixed assets and Included in the SOFA as incoming resources when receNable. Yes No N/a Gifts in kind for use by the charity are included in the SOFA as income from donations when receivable. Yes Nla Donated services and facllities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. Yes Nla Yes Nla Yes Nla Support costs The charity has incurred expenditure on support costs. Volunteer help The value of any voluntary help received is not included in thA accounts but is described in the trustees, annual report. Yes No Nla Income from Interest, royalties and dlvldends No This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. es Nla Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations 8ubscriptlons and Legacies. Yes Nla Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. es No N/a
Settlement of Insurance claims Insurance claims are only included in the SOFA when the c,eneral income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are inclL,ded as an item of other income in the SOFA. Yes Nla Investment galns and losses This includes any realised or unrealised gains or losses or the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Yes No Nla 2.3 EXPENDITURE AND LIABILITIES Llabllity recognltlon Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accoJntability of the charity and its compliance with regulation and good practice. Yes Nla es Governance and 8UPPOrt costs Support costs include central functions and have been allowated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent ald other costs by their usage. Where the charity gives a grant with conditions for its payrrent being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funcing obligation must be recognised. Yes Nla Grants with performance condltlons es N/a Grants payable without performance Gondltlon8 Yes No Nla Redundancy cost The charity made no redundancy payments during the rep(xting period. Yes No Nla Deferred Income No material item of deferred income has been induded in the accounts. Yes No N/a Yes No N/a Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Provlsions for Ilabilities A liability is measured on recognition at its historical cost a1 then subsequently measured at the best estimate of the amount required to Stle the obligation at the reporting date The charity accounts for basic financial instruments on initia recognition as per paragraph 11.7 FRS102 SORP. Subsequent measuremeni is as per paragraphs 11.17 to 11.19, FRS102 SORP. Yes N/a Baslc financlal Instruments Yes N/a 2.4 ASSETS Tanglble fixed assets for These are capitalised if they can be used for more than one year, and cost at leasl use by charlty They are valued at cost. Yes No Nla The depreciation rates and methods used are disclosed in mte 9.2. The charity has intangible fixed assets, that is, non-monetari assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used a disclosed in note 9.5 Intangible fixed assets Yes Nla They are valued at cost. es Nla Herltage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualites that are held and maintained principally for their contribution to knowledge anc culture. The depreciation rates and methods used as disclosed in note 9,6.1.4. Yes No Nla Yes Nla They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investrnents are valued at initially at cost and subsequently at fair value (thei" market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impalrment. Investments held for resale or pending their sale and cash arnd cash equivalents with a maturity date of less than 1 year are treated as current asset investments Yes N/a Yes Nla Stocks and work In prog ress Stocks held for sale as part of non-charitable trade are measjred at the lower or cost or net realisable value. Yes No Nla Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provlded by items of stock. Yes Nla Work in progress is valued at cost less any foreseeable loss :hat is likely to occur on the contract. Yes No Nla Debtors (including trade debtors and loans receivable) are measured on initial re¢ognition at settlement amount after any trade discounts or amount advarnced by the charity, Subsequently, they are measured at the cash or other consideration expected to be received. Yes N/a Debtors
The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due, Yes No Current asset investments N/a Yes N/a They are valued at fair value except where they qualify as basic financial instruments. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE
Section C Notes to the accounts (cont) Note 3 Analysis of income Restrlcted Unrestrlcted Income funds funds Endowment funds Total funds Prlor year Anal ifts sis Donations and legacies: Donations and Gift Aid Le acies General grants provided by governmenuother charities Membership subscriptions and sponsorships which are in substance donations 5,000 Donated Other oods, facilities and services Total 5,000 5,000 3,617 Charitable activities: Other Total Other trading activities: 28,780 28,780 Other Total 28,780 Income from investments: Interest income Dividend income Rental and leasin Other income Total Separate material item of income: Total Other: Conversion of endowment funds into income Gain on disposal of a tangible fixed asset held for charit 's own use Gain on disposal of a programme related investment Royalties from the exploitation of intellectual ro ert ri hts Other Total TOTAL INCOME Other information: All income in the prior year was unrestricted except for: (please provide description and amounts) Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion. Where any endowment fund is converted into Income in the prior periodi please give the reason for the converslon. Within the Income items above the followlng items are material: (please disclose the nature, amount and any prior year amounts) CC17a (Excel) 58 3010612021
Section C Notes to the accounts f•i%,;'; (cont) Note 4 Analysis of receipts of government grants This year Description Government grant 1 Government grant 2 Government grant 3 Other Total 5,000 Last year Description Government grant 1 Government grant 2 Government grant 3 Other Tota I This ear Last ear Please provide details of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income. This ear Last ear Please give details of other forms of government assistance from which the charity has directly benefited. CC17a (Excel) 3010612021
Section C Notes to the accounts (cont) jlii;,, Note 6 Analysis of expenditure This yecr Last year Restrlcted Income funds Unrestrlcted Restrlcted funds Income funds Endowment funds Unrestrlcted funds Analysis Expenditure on raisin funds: Incurred seeking donations Incurred seeking legacies Incurred seeking grants Operating membership schemes and social lotteries Staging fundraising events Fudraising agents Operating charity shops Operating a trading company undertaking non-charitable trading activit Advertising, marketing, direct mail and Endowment funds Total funds Total funds Start up costs incurred in generating new source of future income Database development costs Other trading activities Investment management costs: Portfolio mana ement costs Cost of obtaining investment advice Investment administration costs Intellectual property licencing costs Rent collection, property repairs and maintenance charges Total expenditure on raising funds 5,278 5,278 Expenditure on charitable activities: Total expenditure on charitable activities Se arate material item of ex ense Total Other Total other expenditure TOTAL EXPENDITURE 33,176 33,176 33,176 33,176 52,455 57,733 5,278 Other information: Analysis of expenditure on charitable activities CC17a (Excel) 61 3010612021
Section C Notes to the accounts (cont) Note11 Paid employees Please complete this note if the charity has any employees. 11.1 Staff Costs This year Last year Salaries and wages Social security costs Pension costs (defined contribution scheme) Other employee benefits 13,948 24,909 Total staff costs 13,948 24,909 This year: Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Last year: Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided. No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 Band Number of employees This year Last year £60,000 to £69,999 £70,000 to £79,999 £80,000 to £89,999 £90,000 to £99,999 £100,000 to £109,999 This ear Last ear Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity. For Specific amounts paid to trustees, see Note 28. CC17a (Excel) 3010612021
Section C Notes to the accounts (cont) Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 14.1 Cost or valuation Freehold land & bulldlngs Other land & bulldlngs Plant, machlnery and motor vehlcles Flxtures, fittings and equlpment Total At the beginning of the year Additions 27,882 Revaluations Disposals Transfers ' At end of the year 27,882 27,882 14.2 Depreciation and impairments ** Basis SL or RB (Straight Line or Reducing Balance) SLorRB SLorRB SLorRB SLorRB Rate At beginning of the year Disposals Depreciation Impairment Transfers" At end of the year 14.3 Net book value Net book value at the beginning of the year 27,882 27,882 Net book value at the end of the year 27,882 27,882 CC17a (Excel) 73 3010612021
Section C Notes to the accounts (cont) Note 19 Debtors and prepayments Please complete this note if the charity has any debtors or prepayments. 19.1 Analysis of debtors This year Last year 1,016.0 1,633.0 Trade debtors Prepayments and accrued income Other debtors 1,016.0 1,633.0 Total Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date. 19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above) This year Last year Trade debtors Prepayments and accrued income Other debtors Total CC17a (Excel) 3010612021
Section C Notes to the accounts (cont) Note 20 Creditors and accruals Please complete this note if the charity has any creditors or accruals. 20.1 Analysis of creditors Amounts falling due within one year This year Last year Amounts falling due after more than one year This year Last year Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors 1,304 1,494 Total 20.2 Deferred income Please complete this note if the charity has deferred income. This ear Please explain the reasons why income is deferred. Last ear Movement in deferred income account This year Last year Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period CC17a (Excel) 85 3010612021
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of On accounts for the year ended Charity no (if any) 44¢)?? Set out on pages I report to the trustees on my examination of the accounts of tha above charity ("the Trust") for the year ended !-; As the charity's trustees, you are responslble for the preparation of the accounts in accordance with the requlrements of th8 Charities Act 2011 ("the Act ). Responsibilities and basis of report I report in respect of my examlnation of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent IThe charity's gross income exc8ed8d £250,000 and l am qualified to examiner's statement undertake the examination by being a qualrfied member of [insert name of applicable listed body]]. Delete [ ] rf not applicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out In the Charities (Accounts and Reports) Regulations 2008 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. 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. Please delet e words in the brackets if they do not apply. Data: Signed: Name: Glrto Relevant professlonal qualifiGation(s) or body IER Oct 2018
(if any): Address: Cv6- G Section B Disclosure,: Only complete if the examiner needs to highlight material matters of concern (see CC32, Independer.t examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018