Church Lane Community Centre
Registered Charity No : 1114428
Financial Statements For the year ended 31[st] March 2021
Church Lane Community Centre
Legal & administrative information
Trustee for a charity Church Lane Community Centre Management Committee W Harvey (Chairman) (Charity Trustees) H Kumar (Treasurer) C Leonard Office Address 147 Church Lane Bedford Bedfordshire MK41 0PW Accountant & Independent Examiner A R Bookkeeping & Accounts Services 18 Portland Close Bedford MK41 9NE
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Church Lane Community Centre
Index to Financial Statements
| Page | Title |
|---|---|
| 1 | Trustees’ report |
| 2 | Independent examiner’s report |
| 3 | Statement of Financial Activities |
| 4 | Balance Sheet |
| 5 | Notes to the financial statements |
Church Lane Community Centre
Report of the Trustees
The Trustees present their report along with the financial statements for the year ended 31[st] March 2021.
Structure, Governance and Management
Church Lane Community Centre is a registered charity (No. 1114428).
The administration of the charity is in the hands of the management committee who may regulate the conduct of their affairs in such manner as they may think fit. All members shall retire annually at the Annual General Meeting. A casual vacancy arising, shall be filled by the Organisation by which such member shall have been appointed, or by the Committee until the next Annual General Meeting.
Objectives and Activities
In setting our programme each year we have regard to both the Charity Commission’s general guidance on public benefit and prevention and relief of poverty for the public benefit. The trustees always ensure that the programmes we undertake are in line with our charitable objects and aims.
The objectives of the Trust are achieved by running a Community Centre which is made available for the community’s use at preferential rates, whilst spare capacity is made available to any individual or organisation wishing to hire the facilities for the profit of the community.
Trustees
The Trustees who served during the financial year were as follows:
W Harvey H Kumar C Leonard
Achievements and Performance
The year has been adversely affected by the COVID-19 pandemic and we were required to close for long periods due to government guidelines. This adversely affected our profits as bookings were extremely low during the year and advance bookings were cancelled and refunded where appropriate. We were not able to claim furlough payments during the first lockdown period which resulted in an overall loss in the year.
Financial Review
The Trust made a loss in the year which was as a direct result of the COVID-19 pandemic and resulting lockdowns.
Statement of the Trustees responsibilities
The Trustees are required by law to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the trust as at the end of the financial year and of net movement in funds of the trust for that period.
The trustees confirm that appropriate accounting policies have been used and applied consistently and reasonable and prudent judgements have been made in the preparation of the financial statements for the year ended 31[st] March 2021 The trustees also confirm that the financial statements have been prepared on a going concern basis and that the applicable accounting standards have been followed.
The Trustees are responsible for maintaining adequate accounting records, for safeguarding the assets of the trust and for taking reasonable steps to prevent and detect fraud and other irregularities.
W Harvey 31.01.2022 Chairman, Management Committee.................................................................... Date...........................................................
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Church Lane Community Centre
Independent Examiner’s Report to the Trustees
I report on the financial statements of the Trust for the year ended 31[st] March 2021 which are set out on pages 3 to 7.
Respective responsibilities of the trustees and examiner
The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to :
-
Examine the financial statements (under section 43 of the Act)
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Follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the act
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State whether particular matters have come to my attention
Basis of Opinion
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. The procedures undertaken may not have provided all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Emphasis of matter
The accounts are being verified independently on a monthly basis to ensure completeness and accuracy and regular back up files of the accounting data are being maintained.
Independent examiner’s statement
In the course of my examination of the financial statements to 31[st] March 2021, no matter has come to my attention:
-
(1) That gives me reasonable cause to believe that, in any material respect, the trustees have met the requirements to ensure that:
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Proper accounting records are kept (in accordance with Section 41 of the 1993 Act) and
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Accounts are prepared which agree with the accounting records and comply with the requirements of the Act.
31.01.2022
........................................................... Date................................................ Hazel Kumar
A R Bookkeeping & Accounts Services 18 Portland Close
Bedford
MK41 9NE
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Church Lane Community Centre
Statement of Financial Activities
For the year ending 31 March 2021
| Notes Incoming Resources Donations and other income 3 Income from hire of halls 4 Resources used Direct expenses for hall hire 5 Management and administation costs 6 Operating Profit Depreciation Net (Resources expended)/Incoming Resources Funds brought forward 1 April 2020 Funds carried forward 31 March 2021 |
2021 £ 29,161 5,930 35,091 16,511 29,755 46,266 (11175) 0 (11175) 33692 22517 |
2020 £ - 44,094 |
|---|---|---|
| 44,094 | ||
| 17,896 28,313 |
||
| 46,210 | ||
| (2116) 0 (2116) 35807 |
||
| 33692 |
The notes on pages 5 to 6 form part of these financial statements
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Church Lane Community Centre
Balance Sheet
As at 31 March 2021
| Notes Current Assets Stock Bank & Cash in Hand 7 Debtors & Prepayments 8 Liabilities : Amounts falling due within one year 9 Net Current Assets Net Assets Funds Unrestricted Funds Restricted Funds Total Funds |
2021 £ 0 76,361 8,090 (61,934) 22,517 22,517 22,517 22,517 |
2020 £ 55 52,417 7,235 (26,015) |
|---|---|---|
| 33,692 | ||
| 33,692 | ||
| 33,692 | ||
| 33,692 |
The financial statements were approved by the trustees and signed on their behalf by:
W Harvey........................................................... Date…….31.01.2021....................................... Chairman, Management Committee
The notes on pages 5 to 6 form part of these financial statements
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Church Lane Community Centre
Notes to the Financial Statements For the year ending 31 March 2021
- (c ) Resources expended
Expenditure is included on an accruals basis.
2 Taxation
The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
| 3 Donations and other income COVID Grant Funding JRS Scheme Payments 4 Income from hire of halls Hall Hire Storage Fees Forfeited deposits Miscellaneous Income 5 Direct expenses for hall hire Licences Cleaning Utilities Water Rates Electricity Gas |
2021 2020 £ 20,098 - 9,063 - 29,161 - £ £ 5,750 42,794 180 1,160 - 100 - 40 5,930 44,094 £ £ 335 928 8,145 9,136 1,260 876 4,229 4,534 2,543 2,422 16,511 17,896 |
|---|---|
Church Lane Community Centre
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Notes to the Financial Statements For the year ending 31 March 2021
| 6 Management & Administration costs Accountancy Salaries Insurance Service Charges Business Rates Repairs, Maintenance, Security Premises Repairs Contingency Telephone Advertising Office stationery, equipment hire, consumables Postage & delivery Bank Charges Miscellaneous expenses 7 Cash at bank and in hand Bank Current Account Petty Cash Float 8 Debtors : Amounts falling due within one year Accounts receivable Prepayments & Accrued Income 9 Liabilities : Amounts falling due within one year Purchase Ledger creditors Accruals Hirers Deposits Paid |
2021 2020 £ £ 1,320 0 24,886 18,257 0 1,296 0 1,188 0 1,310 2,193 4,720 0 0 1,029 1,233 122 45 0 135 0 25 206 103 29,755 28,313 £ £ 76,361 52,237 0 180 76,361 52,417 £ £ 8,090 7,235 0 0 8,090 7,235 £ £ 41,007 4,908 20,468 20,468 460 640 61,934 26,015 |
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