| for the Year Ended | 3 | 1March 2022 | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies |
39,714 | 39,714 | 82,769 | ||||
| Charitable activities |
|||||||
| Highfield Recreation |
Project | 5,252 | 5,252 | 2,621 | |||
| Room hire | 17/80 | 17,380 | |||||
| Subscriptions | 887 | 887 | |||||
| Other trading activities | 60,716 | 60,716 | 1,407 | ||||
| Investment income |
24 | 24 | 3 | ||||
| Total | 123,973 | 123,973 | 86,800 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 77/46 | 77,346 | 5,150 | ||||
| Charitable activities |
|||||||
| Highfield Recreation |
Project | 3,796 | 3,796 | 10,677 | |||
| Premises costs | 14,845 | 14,845 | 13,420 | ||||
| Lend a Hand Project | 1,682 | ||||||
| Other | 25,460 | 25,460 | 23,570 | ||||
| Total | 121,447 | 121,447 | 54,499 | ||||
| NET INCOME | 2,526 | 2,526 | 32,301 | ||||
| Transfers between |
funds | 16 | (4,079) | 4,079 | |||
| Net movement in funds |
(1,553) | 4,079 | 2,526 | 32,301 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 389,811 | 2,586 | 392,397 | 360,096 | ||
| TOTAL FUNDS CARRIED FORWARD | 388,258 | 6,665 | 394,923 | 392,397 |
| THE GREGSON COMM | UNITY ASSOCIAT |
ION LTD | REGISTERED | NUMBER: 05 | 676887 | |
|---|---|---|---|---|---|---|
| BALANCE SHEET | ||||||
| 31 March 2022 | ||||||
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Intangible assets |
35,175 | 35,175 | 41,475 | |||
| Tangible assets | .338,615 | 338,615 | 345,745 | |||
| 373,790 | 373,790 | 387,220 | ||||
| CURRENT ASSETS | ||||||
| Stocks | 10 | 5,000 | 5,000 | |||
| Debtors | 11 | 5,093 | 5,093 | 1,101 | ||
| Cash at bank and in hand | 75,558 | 6,665 | 82,223 | 68,458 | ||
| 85,651 | 6,665 | 92/16 | 69,559 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 12 | (27,895) | (27,895) | (12,223) | |
| NET CURRENT ASSETS | 57,756 | 6,665 | 64,421 | 57,336 | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 431,546 | 6,665 | 438,211 | 444,556 | ||
| CREDITORS | ||||||
| Amounts falling due after |
more than one year | 13 | (43,288) | (43,288) | (52,159) | |
| NET ASSETS | 388,258 | 6,665 | 394,923 | 392,397 | ||
| FUNDS | 16 | |||||
| Unrestricted funds |
388,258 | 389,811 | ||||
| Restricted funds |
6,665 | 2,586 | ||||
| TOTAL FUNDS | 394,923 | 392,397 |
| for t | he Year Ended 31March 2022 | he Year Ended 31March 2022 | ||
|---|---|---|---|---|
| 2. | OTHER TRADING ACTIVITIES | |||
| 2022 | 2021 | |||
| Subscription s | 1,407 | |||
| Bar income | 60,716 | |||
| 60,716 | 1,407 | |||
| 3. | INVESTMENT INCOME | |||
| 2022 | 2021 | |||
| Bank deposit interest | 24 | |||
| 4. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | |||
| 2022 | 2021 | |||
| Depreciation - owned assets | 10,948 | 10,387 | ||
| Goodwill amortisation |
6,300 | 6,300 |
| 2022 | 2021 | |
|---|---|---|
| Barstaff | 5 |
| TO THE FINANCIAL STATEMENTS - continued Year Ended 31 March 2022 |
TO THE FINANCIAL STATEMENTS - continued Year Ended 31 March 2022 |
TO THE FINANCIAL STATEMENTS - continued Year Ended 31 March 2022 |
||
|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
58,895 | 23,874 | 82,769 | |
| Charitable activities |
||||
| Highfield Recreation Project |
2,621 | 2,621 | ||
| Other trading activities | 1,407 | 1,407 | ||
| Investment income |
3 | 3 | ||
| Total | 62,926 | 23,874 | 86,800 | |
| EXPENDITURE ON | ||||
| Raising funds | 2,623 | 2,527 | 5,150 | |
| Charitable activities |
||||
| Highfield Recreation Project |
2,673 | 8,004 | 10,677 | |
| Premises costs | 5,475 | 7,945 | 13,420 | |
| Lend a Hand Project | 572 | 1,110 | 1,682 | |
| Other | 22,561 | 1,009 | 23,570 | |
| Total | 33,904 | 20,595 | 54,499 | |
| NET INCOME | 29,022 | 3,279 | 32,301 | |
| Transfers between funds |
2,358 | (2,358) | ||
| Net movement in funds |
31,380 | 921 | 32,301 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
358,431 | 1,665 | 360,096 | |
| TOTAL FUNDS CARRIED FORWARD | 389,811 | 2,586 | 392,397 |
| INTANGIBLE FIXEDASSETS | |
|---|---|
| Goodwill | |
| COST | |
| At 1 April 2021 and 31 March 2022 | 63,000 |
| AMORTISATION | |
| At 1 April 2021 | 21,525 |
| Charge for year | 6+00 |
| At 31 March 2022 | 27,825 |
| NET BOOK VALUE | |
| At 31 March 2022 | 35,175 |
| At 31 March 2021 | 41,475 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Freehold | Plant and | ||
| property | machinery | Totals | |
| COST | |||
| At I April 2021 | 402,133 | 51,367 | 453,500 |
| Additions | 3,818 | 3,818 | |
| At 31 March 2022 | 402,133 | 55,185 | 457+18 |
| DEPRECIATION | |||
| At 1 April 2021 | 62,577 | 45,178 | 107,755 |
| Charge for year | 8,042 | 2,906 | 10,948 |
| At 31 March 2022 | 70,619 | 48,084 | 118,703 |
| NET BOOK VALUE | |||
| At 31 March 2022 | 331,514 | 7,101 | 338,615 |
| At 31 March 2021 | 339,556 | 6,189 | 345,745 |
| for th | e Year Ended 31March 20 | 22 | ||
|---|---|---|---|---|
| 10. | STOCKS | |||
| 2022 | 2021 | |||
| Stocks | 5,000 | |||
| 11. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | |||
| Trade debtors | 2,108 | |||
| VAT | 1,101 | |||
| Prepayments | 2,985 | |||
| 5,093 | 1,101 | |||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| Bank loans and overdrafts | (see note 14) | 11,822 | 11,022 | |
| Trade creditors | 3,070 | |||
| Social security and other taxes | 742 | |||
| VAT | 2,365 | |||
| Accrued expenses | 9,896 | 1,201 | ||
| 27,895 | 12,223 | |||
| 13. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 2022 | 2021 | |||
| Bank loans (see note 14) | 43,288 | 52,159 | ||
| 14. | LOANS | |||
| An analysis ofthe maturity | ofloans is given below: | |||
| 2022 | 2021 | |||
| Amounts falling due within |
one year on demand: | |||
| Bank loans | 11,822 | 11,022 | ||
| Amounts falling between one and two years: |
||||
| Bank loans - 1-2years | 11,822 | 11,822 | ||
| Amounts falling due between two and five years: |
||||
| Bank loans - 2-5 years | 31,466 | 40,337 |
| SECURED DEBTS | SECURED DEBTS | |||||
|---|---|---|---|---|---|---|
| The following secured debts are included |
within creditors: | |||||
| 2022 | 2021 | |||||
| Bank loans | 55,110 | 63,181 | ||||
| The loan is secured by a legal mortgage | charge on 33 and 35 | Moorgate, Lancaster | ||||
| MOVEMENT IN FUNDS | ||||||
| Restricted | Unrestricted | |||||
| projects | & | |||||
| Programmes | Window | General | Total | |||
| Fund | Fund | Fund | Funds | |||
| Donations 8r, Legacies |
||||||
| Crowdfunder | 22,479 | 22,479 | ||||
| Carlsberg | 2,500 | 2,500 | ||||
| LCC Covid Funding | 10,667 | 10,667 | ||||
| Other Donations | 4,068 | 4,068 . | ||||
| 39,714 | 39,714 | |||||
| Income from Charitable | Activities | |||||
| Highfield Road Project |
5,252 | 5,252 | ||||
| Room Hire | 17,380 | 17,380 | ||||
| Subscriptions | 887 | 887 | ||||
| Other Trading Activities | 60,716 | 60,716 | ||||
| Investment Income |
24 | 24 | ||||
| Total Income | 123,973 | 123,973 | ||||
| Expenditure | 121,447 | 121,447 | ||||
| Net Movement Before Transfers |
2,526 | 2,526 | ||||
| Transfers Between Funds |
(921) | 5,000 | (4,079) | |||
| Fund balance Brought Forward | 921 | 1,665 | 389,811 | 392/97 | ||
| Fund Balance Carried Forward | 6,665 | 388,258 | 394,923 |
| 2022 | 2021 | |
|---|---|---|
| Bar sales | 60,716 | |
| Barpurchases | 28,015 | |
| Gross profit | 32,701 | |
| Staffcosts | 27,285 | |
| Repairs and renewals | 2,679 | |
| Performing rights |
358 | |
| Licences and sundries | 557 | |
| Heat and light | 4,599 | |
| Business rates and water | 327 | |
| Insurance | 668 | |
| Bank charges | 1,160 | |
| 37,633 | ||
| Net profit (loss) | (4,931) |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31March 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 39,714 | 82,769 |
| Other trading activities | ||
| Sub scriptions | 1,407 | |
| Bar income | 60,716 | |
| 60,716 | 1,407 | |
| Investment income |
||
| Bank deposit interest | 24 | |
| Charitable activities |
||
| Highfield Recreation Project |
5/52 | 2,621 |
| Subscriptions | 887 | |
| Room hire | 17/80 | |
| 23+19 | 2,621 | |
| Total incoming resources | 123,973 | 86,800 |
| EXPENDITURE | ||
| Raising donations and legacies |
||
| Insurance | 231 | |
| Fundraising and events |
2,837 | 2,539 |
| Support &coordinators | 8,861 | 2,380 |
| 11,698 | 5,150 | |
| Other trading activities | ||
| Bar expenses | 65,648 | |
| Charitable activities |
||
| Highfield Recreation Project |
3,796 | 2,673 |
| Lend ahand project | 1,682 | |
| Rates | 101 | |
| Water | 228 | 1,883 |
| Repairs &renewals | 8,691 | 8,333 |
| Insurance Heat &light |
1/46 4,479 |
1,374 1,830 |
| Highfield floodlights |
8,004 | |
| 18,641 | 25,779 |
| for the Year | Ended 31Mar | ch 2022 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Charitable activities |
||||
| Other | ||||
| Interest payable | 2,990 | 3,603 | ||
| Support costs | ||||
| Management | ||||
| Telephone &internet | 1,527 | 667 | ||
| Postage and | stationery | 378 | 909 | |
| Sundries | 210 | |||
| Software licences | 364 | |||
| 2,479 | 1,576 | |||
| Finance | ||||
| Bank charges | 493 | 405 | ||
| Other | ||||
| Amortisation Depreciation |
ofintangible fixed assets oftangible fixed assets |
6/00 10,948 |
6,300 10,386 |
|
| 17+48 | 16,686 | |||
| Governance | costs | |||
| Accountancy | and legal fees | 2+50 | 1,300 | |
| Total resources | expended | 121,447 | 54,499 | |
| Net income | 2,526 | 32,301 |