2021-03-31-accounts - Prudhoe Community Partnership

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STATEMENT OF FINANCIAL A FOR THE YEAR ENDED 31 MA	CTIVITIES RCH 2021
					2021	2020
			Unrestricted	Restncted	Total	Total
		Notes	funds E	funds E	funds f	funds E
INCOME AND ENDOWMENTS Donations and legacies	FROMI		40,524	78,916	119,440	21,057
Investment income Other income		2	107,659 80,475		107,659 80,475	126,348 83,225
Total			228,658	78,916	307,574	230,630
EXPENDITURE ON
Charitable activities General charitable activities			71,992	42,217	114,209	106,553
Net gains on investments						89,015
NET INCOME			156,666	36,699	193,365	213,092
Transfers between funds		16	(3,507)	3,507
Net movement in funds			153,159	40,206	193,365	213,092
RECONCILIATION OF FUNDS
Total funds brought forward			606,907	6,042	612,949	399,857
TOTAL FUNDS CARRIED FORWARD			760,066	46,248	806,314	612,949

BALANCE SHEET
31 IVIARCH 2021
		2021	2020
	Notes	F	F
FIXEDASSETS Tangible assets Investment property	9 10	1,118,493 227,500	1,119,491 227,500
		1,345,993	1,346,991
CURRENT ASSETS Debtors Cash at bank and in hand		20,516 145,259	6,475 94,596
		165,775	101,071
CREDITORS Amounts falling due within one year	12	(31,926)	(32,589)
NET CURRENT ASSETS		133,849	68,482
TOTAL ASSETS LESS CURRENT LIABILITIES		1,479,842	1,415,473
CREDITORS Amounts falling due after more than one	year 13	(673,528)	(802,524)
NET ASSETS		806,314	612,949
FUNDS	16
Unrestricted funds: General fund Capital fund		116,293 643,773	90,832 516,075
		760,066	606,907
Restricted funds		46,248	6,042
TOTAL FUNDS		806,314	612,949

INVESTMENTINC	OME
				2021	2020
				f
Rents 8 service charges				107,659	126,348
Breakdown of investment		income
Rents and service	charges			2021 f	2020 f
General fund Spetchells fund				19,354 88,305	21,826 104,522
Total				107,659	126,348
CHARITABLE ACTIVITIES COSTS			Direct	Grant
			Costs (see	funding of
			note 4) f	activities	Totals f
General charitable	activities		104,209	10,000	114,209

Breakdown of expenditure	between funds
Staff costs Utilities Insurance Telephone	General f 1,530 996	Spetchells F 14,079 9,423 3,405 3,030	Otherf	2021f 15,609 9,423 4,401 3,030	2020 F 15,983 11,549 4,488 4,284
Printing, stationary & advertising Cleaning 8 maintenance Accountancy Professional fees Depreciation Office costs Interest Other costs Development activities	7,638 1,235 158 1,975	175 15,067 3,011 1,394 998 238 7,618 22	13,607 18,610	176 15,067 3,011 22,639 998 1,473 7,618 1,145 20,585	226 20,767 2,661 6,141 998 1,876 7,919 1,145 7,318 16,708
Youth Project expenditure
	13,532	58,460	32,217	104,209	102,063

Net income/(e	xpenditure)	ing):
		2021	2020
		F	F
		998	998
Depreciation Independent	- owned assets examiners fees	1,275	1,275

STAFF COSTS
							2021	2020
							E	F
Wages and salaries Other pension costs							15,253 356	15,623 360
							15,609	15,983
The average monthly number	of	employees		during	the year	was as follows:
							2021	2020
Management and administration							2	2
No employees received emoluments			in excess of		f60,000.
COMPARATIVES FOR THE STATEMENT				OF FINANCIAL		ACTIVITIES
						Unrestricted	Restricted	Total
						funds	funds	funds
						F	E	E
INCOME AND ENDOWMENTS		FROM
Donations and legacies						1,816	19,241	21,057
Investment income						126,348		126,348
Other income						80,190	3,035	83,225
Total						208,354	22,276	230,630
EXPENDITURE ON
Charitable activities
General charitable activities						77,773	28,780	106,553
Net gains on investments						89,015		89,015
NET INCOME/(EXPENDITURE)						219,596	(6,504)	213,092
Transfers between funds						50,875	(50,875)
Net movement in funds						270,471	(57,379)	213,092
RECONCILIATION OF FUNDS
Total funds brought forward						336,436	63,421	399,857
TOTAL FUNDS CARRIED FORWARD						606,907	6,042	612,949

FOR	THE YEAR ENDED 31 MA	THE YEAR ENDED 31 MA	THE YEAR ENDED 31 MA	THE YEAR ENDED 31 MA	RCH 2021	RCH 2021	RCH 2021	RCH 2021
12.	CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
									2021	2020
									E	F
	Bank loans	and overdrafts			(see note 14)				28,694	28,392
	Trade creditors								221
	Social security and other				taxes				24	33
	VAT								72	2,879
	Other creditors								466	467
	Accruals and deferred			income					2,449	818
									31,926	32,589
13.	CREDITORS: AMOUNTS				FALLING DUE AFTER MORE THAN ONE				YEAR
									2021	2020
									E	E
	Bank loans	(see note		14)					673,528	802,524
14.	LOANS
	An analysis	of the maturity			of	loans is given	below:
									2021	2020
									E
	Amounts falling due		within		one year on demand:
	Bank loans								28,694	28,392
	Amounts falling between				one	and two years:
	Bank loans	- 1-2years							28,694	28,392
	Amounts falling due		between			two and five years:
	Bank loans	- 2-5 years							86,081	85,176
	Amounts falling due		in	more than five years:
	Repayable	by instalments:
	Bank loans	more 5 yr		by instal					341,787	371,988
	Repayable	otherwise	than		by	instalments:
	Bank loans	more 5 yrs		non-inst					216,966	316,968
15.	ANALYSIS	OF NET	ASSETS BETWEEN FUNDS
									2021	2020
							Unrestricted	Restricted	Total	Total
							funds	funds	funds	funds
							E	F	f	E
	Fixed assets						1,118,493		1,118,493	1,119,491
	Investments						227,500		227,500	227,500
	Current assets						119,527	46,248	165,775	101,071
	Current liabilities						(31,926)		(31,926)	(32,589)
	Long term	liabilities					(673,528)		(673,528)	(802,524)
							760,066	46,248	806,314	612,949

MOVEMENT	IN FUNDS
					Net	Transfers
					movement	between	At
			At	1.4.20	in funds	funds	31.3.21
					E
Unrestricted	funds
General fund			90,831		6,151	19,311	116,293
Spetchells fund Capital fund			516,076		150,515	(150,515) 127,697	643,773
			606,907		156,666	(3,507)	760,066
Restricted funds
Community Events			5,192		2,775		7,967
Estelle Library	fund			850			850
Ebenezer Chapel					692	(692)
Energy Study Pocket Park					27,642 5,590	4,199	27,642 9,789
			6,042		36,699	3,507	46,248
TOTAL FUNDS			612,949		193,365		806,314
Net movement	in funds,	included	in the above are	as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
						E	E
Unrestricted	funds
General fund					19,683	(13,532)	6,151
Spetchells fund					208,975	(58,460)	150,515
					228,658	(71,992)	156,666
Restricted funds
Community Events					2,775		2,775
Youth Project					10,000	(10,000)
Ebenezer Chapel					2,002	(1,310)	692
Energy Study					39,939	(12,297)	27,642
Pocket Park					24,200	(18,610)	5,590
					78,916	(42,217)	36,699
TOTAL FUNDS					307,574	(114,209)	193,365