Pam Marshall
Chair Report
2021/2022 continued to be overshadowed by the Covid-19 pandemic. Despite the restrictions caused by this, we have had a fairly eventful year, although not as busy as previous years. Despite everything, we continue to be approached by various organisations and members of the community enquiring services and activities.
The Park Café is still rebuilding after the pandemic with some days being busier than others. Everyone who uses the café comments on the warm friendly service and that they receive, and the food is excellent value for money.
We have been fortunate to receive funding by South Gloucestershire Council and the National Lottery over the course of this year to help towards running costs and enabling us to provide IT Courses for the community.
Staffing, Lisa Hines, and Nancy Parry resigned during the year to pursue new careers and we wished them all the best for the future. At the same time, we welcomed Colin on board as a new Weekday and Evening Caretaker.
Every trustee gives their time for free to support our activities, alongside juggling their busy lives, and it is fair to say it has been a big team effort for us all over the last few years, keeping everything running I’d like to thank everyone for their tremendous efforts in supporting our activities. We have had to adapt quickly, but I am extremely optimistic about the future of the Park Centre and the changes we have made to our business and activities.
Due to the ill health of some of the Trustees we were unable to conduct a face-to-face Annual General Meeting and I would like to take this opportunity to wish all a speedy recovering and look forward to seeing you all in the near future
I would like to take this opportunity to thank everyone who has made this another successful year. With the staff going the extra mile and giving up their free time as well The Park Centre would not be in a position that we are in today.
Please refer the Park Centre Accounts for this period.
Registered number: 05101447
THE PARK CENTRE (KINGSWOOD) DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022
Raymarsh Ford Limited Chartered Accountants
41 High Street Kingswood Bristol Gloucestershire BS15 4AA
The Park Centre (Kingswood) Directors' Report and Unaudited Financial Statements For The Year Ended 30 April 2022
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2—3 |
| Accountant's Report | 4 |
| Income and Expenditure Account | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 9—10 |
The Park Centre (Kingswood) Company Information For The Year Ended 30 April 2022
| Directors | Mr Les Blakeman |
|---|---|
| Michael Lime | |
| Pamela Marshall | |
| Mr David Peglar | |
| Company Number | 05101447 |
| Registered Office | The Park Centre Kingswood High Street |
| Kingswood | |
| Bristol | |
| BS15 4AR | |
| Accountants | Raymarsh Ford Limited |
| Chartered Accountants | |
| 41 High Street | |
| Kingswood | |
| Bristol | |
| Gloucestershire | |
| BS15 4AA |
Page 1
The Park Centre (Kingswood) Company No. 05101447 Directors' Report For The Year Ended 30 April 2022
The directors present their report and the financial statements for the year ended 30 April 2022 .
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.
Review of Business
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2021. The trustees have adopted the provisions of 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).
ACHIEVEMENT AND PERFORMANCE
The Park Centre is primarily run as a venue for hire for individuals, clubs, agencies and organisations which provide activities, opportunities, support, counselling, and services to the community. These also cover education and training, social and recreational and health and aim to maximize the Centre's facilities and resources. The Park Centre has been managed and maintained by a voluntary Management Committee and supported by a small team of paid workers since 2005. One of our aims is to help improve the quality of life for the people of Kingswood and the surrounding areas. The centre was established at the request of the local community, to provide a means of bringing people together to share and develop common interests.
Our aim is to strengthen the community of Kingswood ensuring that people of all races and backgrounds are valued and participate on equal terms within the centre's activities thereby building a fair, prosperous and cohesive community in which everyone has a stake. We aim to promote the development of the voluntary and community sector and encourage people to become actively involved. Activities and events are designed to target, and provide for, people in the community who may be isolated due to disability, race, age, parental responsibilities or language barriers. This is a requirement of local residents as the area has high numbers of lone parents, unemployed, low income families, adults without qualifications and elderly as well as an increasing number of other nationalities. We provide creativity and learning through the children's activity events held during the school breaks. These provide arts and crafts as well as play that encourages social skills. Other groups running at the centre include a 50+ club, Art and Crafts groups all of whom provide skills and confidence in their specific areas ESOL (English as a Second Language) since the local collage was forced to shut down have come to the centre to run 10 classes a week for people of other nationalities and there is a need for them to learn English to help them integrate into the community. The centre offers low cost birthday parties which are are held at the centre most weekends and a new addition to the centre are keep fit activities.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 05101447 (England and Wales)
Registered Charity number
1118918
Registered office
The Park Centre High Street Kingswood Bristol BS15 4AR
Trustees
...CONTINUED
Page 2
The Park Centre (Kingswood) Directors' Report (continued) For The Year Ended 30 April 2022
Review of Business - continued
L Blakeman - Retired MT Lime - Retired Ms PA Marshall - Retired DJ Peglar - Retired director Ms P Dowling - Qualified Councillor Independent examiner Raymarsh Ford Limited Chartered Accountants 41 High Street Kingswood Bristol BS15 4AA
Directors
The directors who held office during the year were as follows: Mr Les Blakeman Michael Lime Pamela Marshall Mr David Peglar
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
Pamela Marshall Director 14 June 2022
Page 3
The Park Centre (Kingswood) Accountant's Report For The Year Ended 30 April 2022
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of The Park Centre (Kingswood) For The Year Ended 30 April 2022
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of The Park Centre (Kingswood) For The Year Ended 30 April 2022 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of The Park Centre (Kingswood) , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of The Park Centre (Kingswood) and state those matters that we have agreed to state to the directors of The Park Centre (Kingswood) , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Park Centre (Kingswood) and its directors, as a body, for our work or for this report.
It is your duty to ensure that The Park Centre (Kingswood) has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of The Park Centre (Kingswood) . You consider that The Park Centre (Kingswood) is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of The Park Centre (Kingswood) . 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.
Signed
Raymarsh Ford
14 June 2022
Raymarsh Ford Limited Chartered Accountants 41 High Street Kingswood Bristol Gloucestershire BS15 4AA
Page 4
The Park Centre (Kingswood) Income and Expenditure Account For The Year Ended 30 April 2022
| Notes TURNOVER Cost of sales GROSS SURPLUS Administrative expenses Other operating income OPERATING (DEFICIT)/SURPLUS Other interest receivable and similar income Interest payable and similar charges (DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR |
2022 £ 112,817 (10,194 ) 102,623 (147,884 ) 37,754 (7,507 ) 3 (193 ) (7,697 ) |
2021 £ 92,869 (5,724 ) |
|---|---|---|
| 87,145 (141,254 ) 78,340 |
||
| 24,231 - (166 ) |
||
| 24,065 |
The notes on pages 7 to 8 form part of these financial statements.
Page 5
The Park Centre (Kingswood) Balance Sheet As at 30 April 2022
| Notes FIXED ASSETS Tangible Assets 3 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 |
2022 £ £ 21,960 21,960 6,500 82,714 89,214 (7,375 ) 81,839 103,799 103,799 103,799 103,799 |
2022 £ £ 21,960 21,960 6,500 82,714 89,214 (7,375 ) 81,839 103,799 103,799 103,799 103,799 |
2021 £ £ 30,818 30,818 3,362 84,248 87,610 (6,932 ) 80,678 111,496 111,496 111,496 111,496 |
2021 £ £ 30,818 30,818 3,362 84,248 87,610 (6,932 ) 80,678 111,496 111,496 111,496 111,496 |
|---|---|---|---|---|
| 21,960 81,839 |
30,818 80,678 |
|||
| 89,214 (7,375 ) |
87,610 (6,932 ) |
|||
| 103,799 | 111,496 | |||
| 103,799 | 111,496 | |||
| 103,799 | 111,496 | |||
| 103,799 | 111,496 |
For the year ending 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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
Pamela Marshall
Director
14 June 2022
The notes on pages 7 to 8 form part of these financial statements.
Page 6
The Park Centre (Kingswood) Notes to the Financial Statements For The Year Ended 30 April 2022
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:
Leasehold Straight line over lease period Plant & Machinery 20% reducing balance Fixtures & Fittings 25% reducing balance Computer Equipment 25% reducing balance
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| verage number of employees, including directors, during the year was as follows: | ||
|---|---|---|
| Office and administration Trustees |
2022 10 4 14 |
2021 8 4 |
| 12 |
Page 7
The Park Centre (Kingswood) Notes to the Financial Statements (continued) For The Year Ended 30 April 2022
3. Tangible Assets
| Land & Property Leasehold £ Cost As at 1 May 2021 9,090 Additions - As at 30 April 2022 9,090 Depreciation As at 1 May 2021 9,090 Provided during the period - As at 30 April 2022 9,090 Net Book Value As at 30 April 2022 - As at 1 May 2021 - 4. Debtors Due within one year Trade debtors Prepayments and accrued income Other debtors Other taxes and social security Net wages 5. Creditors: Amounts Falling Due Within One Year Trade creditors Other creditors Pension fund Accruals and deferred income |
Land & Property Leasehold £ 9,090 - |
Plant & Machinery £ 93,201 - |
Fixtures & Fittings £ 32,621 - |
Computer Equipment £ 35,916 3,822 |
Total £ 170,828 3,822 |
|
|---|---|---|---|---|---|---|
| 9,090 | 93,201 | 32,621 | 39,738 | 174,650 | ||
| 9,090 - |
78,178 1,712 |
17,856 8,450 |
34,886 2,518 |
140,010 12,680 |
||
| 9,090 | 79,890 | 26,306 | 37,404 | 152,690 | ||
| - | 13,311 | 6,315 | 2,334 | 21,960 | ||
| - | 15,023 | 14,765 | 1,030 | 30,818 | ||
| 2022 £ 1,588 1,144 - 3,516 252 6,500 2022 £ 2,511 2,474 190 2,200 7,375 |
2021 £ 581 1,159 1,500 - 122 |
|||||
| 3,362 | ||||||
| 2021 £ 2,701 2,525 - 1,706 |
||||||
| 6,932 |
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
The Park Centre (Kingswood) is a private company, limited by guarantee, incorporated in England & Wales, registered number 05101447 . The registered office is The Park Centre Kingswood High Street, Kingswood, Bristol, BS15 4AR.
Page 8
The Park Centre (Kingswood) Detailed Income and Expenditure Account For The Year Ended 30 April 2022
| TURNOVER Donations SGC courses Photocopying income Rental income Grants and subsidies received Other trading income COST OF SALES Toys Cafe consumables Exercise tutors Waste disposal Leasing and hire of plant, equipment and vehicles GROSS SURPLUS Administrative Expenses Wages and salaries Employers NI Employers pensions - defined contributions scheme Subcontractor costs Recruitment costs Staff training Staff entertaining Rates Light and heat Repairs and maintenance Cleaning Security costs Hire and leasing of plant and machinery Computer software costs Computer and IT consumables Insurance Printing, postage and stationery Advertising and marketing costs Telecommunications Data costs Accountancy fees Consultancy fees Other office costs Depreciation of plant and machinery Depreciation of fixtures and fittings Depreciation of computer equipment Depreciation of leasehold land and property |
2022 £ £ - 815 - 105,651 6,351 - 112,817 46 7,144 - 942 2,062 (10,194 ) 102,623 95,566 630 1,177 - 483 1,180 336 215 10,307 4,139 3,330 1,347 72 2,031 3,228 2,446 1,340 1,275 908 30 2,447 2,249 23 1,712 8,450 2,518 - |
2022 £ £ - 815 - 105,651 6,351 - 112,817 46 7,144 - 942 2,062 (10,194 ) 102,623 95,566 630 1,177 - 483 1,180 336 215 10,307 4,139 3,330 1,347 72 2,031 3,228 2,446 1,340 1,275 908 30 2,447 2,249 23 1,712 8,450 2,518 - |
2021 £ £ 63,069 (52) 456 27,884 - 1,512 92,869 - 996 494 658 3,576 (5,724 ) 87,145 85,256 - 1,067 1,180 419 1,025 - 154 9,600 5,181 4,076 1,708 - 4,360 4,428 1,698 1,423 691 442 369 2,007 2,442 15 2,139 9,312 1,309 26 ...CONTINUED |
|---|---|---|---|
| 112,817 (10,194 ) |
|||
| 95,566 630 1,177 - 483 1,180 336 215 10,307 4,139 3,330 1,347 72 2,031 3,228 2,446 1,340 1,275 908 30 2,447 2,249 23 1,712 8,450 2,518 - |
85,256 - 1,067 1,180 419 1,025 - 154 9,600 5,181 4,076 1,708 - 4,360 4,428 1,698 1,423 691 442 369 2,007 2,442 15 2,139 9,312 1,309 26 |
||
| 102,623 |
Page 9
The Park Centre (Kingswood) Detailed Income and Expenditure Account (continued) For The Year Ended 30 April 2022
| Sundry expenses HMRC penalty Other Operating Income Cafe net income Other coronavirus grant income OPERATING (DEFICIT)/SURPLUS Other interest receivable and similar income Bank interest receivable Interest payable and similar expenses Bank interest payable Bank charges (DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR |
245 200 |
(147,884 ) 37,754 |
827 100 |
(141,254 ) 78,340 |
|---|---|---|---|---|
| 3,348 34,406 |
148 78,192 |
|||
| 3 | - | |||
| (7,507) 3 (193) |
24,231 - (166) |
|||
| - 193 |
10 156 |
|||
| (7,697 ) | 24,065 |
Page 10
Issuer Raymarsh Ford Document generated Tue, 14th Jun 2022 11:37:55 BST Document fingerprint 8c1b93b2de28cf211116f7571dd12473
Parties involved with this document
Document processed Party + Fingerprint Tue, 12th Jul 2022 12:00:47 BST Pamela Ann Marshall - Signer (a09aadf2c9de8aba69600b447edac7ff) Tue, 12th Jul 2022 12:01:36 BST Chris Ford - Signer (441703f27ed46ea33626562a37261bcc)
Audit history log
| Date | Action | |
|---|---|---|
| Tue, | 12th Jul 2022 12:01:38 BST | Chris Ford viewed the envelope. (18.132.124.34) |
| Tue, | 12th Jul 2022 12:01:36 BST | The envelope has been signed by all parties. (35.179.60.205) |
| Tue, | 12th Jul 2022 12:01:36 BST | Chris Ford signed the envelope. (35.179.60.205) |
| Tue, | 12th Jul 2022 12:01:19 BST | Chris Ford viewed the envelope. (18.132.124.34) |
| Tue, | 12th Jul 2022 12:00:48 BST | Pamela Ann Marshall viewed the envelope. (35.179.60.205) |
| Tue, | 12th Jul 2022 12:00:47 BST | Document emailed to party email (35.178.225.163) |
| Tue, | 12th Jul 2022 12:00:47 BST | Sent the envelope to Chris Ford for signing. (35.179.60.205) |
| Tue, | 12th Jul 2022 12:00:47 BST | Pamela Ann Marshall signed the envelope. (35.179.60.205) |
| Tue, | 12th Jul 2022 11:55:56 BST | Pamela Ann Marshall viewed the envelope. (18.132.124.34) |
| Tue, | 14th Jun 2022 11:38:06 BST | Document emailed to party email (18.134.160.187) |
| Tue, | 14th Jun 2022 11:37:57 BST | Sent the envelope to Pamela Ann Marshall for signing. (13.40.190.229) |
| Tue, | 14th Jun 2022 11:37:57 BST | Chris Ford has been assigned to this envelope. (13.40.190.229) |
| Tue, | 14th Jun 2022 11:37:57 BST | Pamela Ann Marshall has been assigned to this envelope. (13.40.190.229) |
| Tue, | 14th Jun 2022 11:37:57 BST | Envelope generated. (13.40.190.229) |
| Tue, | 14th Jun 2022 11:37:57 BST | Document generated with fingerprint |
| dbd8c3cd336570b8e946b5b092e0dbb5. (13.40.190.229) | ||
| Tue, | 14th Jun 2022 11:37:57 BST | Document generated with fingerprint |
| 8c1b93b2de28cf211116f7571dd12473. (13.40.190.229) | ||
| Tue, | 14th Jun 2022 11:37:55 BST | Envelope generated with fingerprint 859fc051d872ccbb0fdf782e014103d5 |
| (35.176.231.177) |
Registered number: 05101447
THE PARK CENTRE (KINGSWOOD) UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2020
Raymarsh Ford Limited Chartered Accountants
41 High Street Kingswood Bristol Gloucestershire BS15 4AA
The Park Centre (Kingswood) Unaudited Financial Statements For The Year Ended 30 April 2020
Contents
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
The Park Centre (Kingswood) Balance Sheet As at 30 April 2020
Registered number: 05101447
| Notes FIXED ASSETS Tangible Assets 3 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 £ £ 28,513 28,513 1,217 61,641 62,858 (3,940 ) 58,918 87,431 87,431 87,431 87,431 |
2020 £ £ 28,513 28,513 1,217 61,641 62,858 (3,940 ) 58,918 87,431 87,431 87,431 87,431 |
2019 £ £ 26,927 26,927 9,620 34,223 43,843 (5,289 ) 38,554 65,481 65,481 65,481 65,481 |
2019 £ £ 26,927 26,927 9,620 34,223 43,843 (5,289 ) 38,554 65,481 65,481 65,481 65,481 |
|---|---|---|---|---|
| 28,513 58,918 |
26,927 38,554 |
|||
| 62,858 (3,940 ) |
43,843 (5,289 ) |
|||
| 87,431 | 65,481 | |||
| 87,431 | 65,481 | |||
| 87,431 | 65,481 | |||
| 87,431 | 65,481 |
Page 1
The Park Centre (Kingswood) Balance Sheet (continued) As at 30 April 2020
For the year ending 30 April 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Pam Marshall
Pamela Marshall
Director
Date 18 Jan 2021
The notes on pages 3 to 4 form part of these financial statements.
Page 2
The Park Centre (Kingswood) Notes to the Financial Statements For The Year Ended 30 April 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:
Leasehold Straight line over lease period Plant & Machinery 20% reducing balance Fixtures & Fittings 25% reducing balance Computer Equipment 25% reducing balance
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| verage number of employees, including directors, during the year was as follows: | ||
|---|---|---|
| Office and administration Trustees |
2020 14 5 19 |
2019 11 5 |
| 16 |
Page 3
The Park Centre (Kingswood) Notes to the Financial Statements (continued) For The Year Ended 30 April 2020
3. Tangible Assets
| Cost As at 1 May 2019 Additions As at 30 April 2020 Depreciation As at 1 May 2019 Provided during the period As at 30 April 2020 Net Book Value As at 30 April 2020 As at 1 May 2019 . Debtors Due within one year Trade debtors Prepayments and accrued income Other taxes and social security Net wages . Creditors: Amounts Falling Due Within One Year Trade creditors Pension fund Accruals and deferred income |
Land & Property Leasehold £ 9,090 - |
Plant & Machinery £ 86,736 - |
Fixtures & Fittings £ 12,454 11,541 |
Computer Equipment £ 35,916 - |
Total £ 144,196 11,541 |
|
|---|---|---|---|---|---|---|
| 9,090 | 86,736 | 23,995 | 35,916 | 155,737 | ||
| 8,837 227 |
73,365 2,674 |
2,270 6,274 |
32,797 780 |
117,269 9,955 |
||
| 9,064 | 76,039 | 8,544 | 33,577 | 127,224 | ||
| 26 | 10,697 | 15,451 | 2,339 | 28,513 | ||
| 253 | 13,371 | 10,184 | 3,119 | 26,927 | ||
| 2020 £ (23 ) 1,118 - 122 1,217 2020 £ 2,100 - 1,840 3,940 |
2019 £ 8,012 1,097 511 - |
|||||
| 9,620 | ||||||
| 2019 £ 4,369 (220 ) 1,140 |
||||||
| 5,289 |
4. Debtors
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
The Park Centre (Kingswood) is a private company, limited by guarantee, incorporated in England & Wales, registered number 05101447 . The registered office is The Park Centre Kingswood High Street, Kingswood, Bristol, BS15 4AR.
Page 4
Issuer Raymarsh Ford Document generated Tue, 12th Jan 2021 11:44:04 UTC Document fingerprint 6ea1f2dd7770c5988a3532882b256f5b
Parties involved with this document
Document processed
Party + Fingerprint
Mon, 18th Jan 2021 12:13:30 UTC Pamela Ann Marshall - Signer (4285335289280b9ba55f9ae403ee5195) Mon, 18th Jan 2021 12:17:33 UTC Chris Ford - Signer (dc8843e87ed67c9db2174dda62dc36f6) Audit history log Date Action Mon, 18th Jan 2021 12:17:33 UTC The envelope has been signed by all parties. (62.30.197.3) Mon, 18th Jan 2021 12:17:33 UTC Chris Ford signed the envelope. (62.30.197.3) Mon, 18th Jan 2021 12:16:41 UTC Chris Ford viewed the envelope. (62.30.197.3) Mon, 18th Jan 2021 12:13:30 UTC Document emailed to party email (18.134.4.63) Mon, 18th Jan 2021 12:13:30 UTC Sent the envelope to Chris Ford for signing. (92.19.240.41) Mon, 18th Jan 2021 12:13:30 UTC Pamela Ann Marshall signed the envelope. (92.19.240.41) Mon, 18th Jan 2021 12:10:37 UTC Pamela Ann Marshall viewed the envelope. (92.19.240.41) Mon, 18th Jan 2021 9:59:54 UTC Pamela Ann Marshall viewed the envelope. (92.19.240.41) Mon, 18th Jan 2021 9:49:57 UTC Pamela Ann Marshall viewed the envelope. (92.19.240.41) Tue, 12th Jan 2021 11:44:14 UTC Document emailed to party email (35.178.206.247) Tue, 12th Jan 2021 11:44:06 UTC Sent the envelope to Pamela Ann Marshall for signing. (35.179.12.127) Tue, 12th Jan 2021 11:44:06 UTC Chris Ford has been assigned to this envelope. (35.179.12.127) Tue, 12th Jan 2021 11:44:06 UTC Pamela Ann Marshall has been assigned to this envelope. (35.179.12.127) Tue, 12th Jan 2021 11:44:06 UTC Envelope generated. (35.179.12.127) Tue, 12th Jan 2021 11:44:06 UTC Document generated with fingerprint 6ea1f2dd7770c5988a3532882b256f5b. (35.179.12.127) Tue, 12th Jan 2021 11:44:06 UTC Document generated with fingerprint 2afa300dc34343bb2ecc2ce50106aac2. (35.179.12.127) Tue, 12th Jan 2021 11:44:04 UTC Envelope generated with fingerprint 2a5aae5535fa355e3d5cf79d42bff843 (52.56.255.147)