| Page | ||||
|---|---|---|---|---|
| Trustees' Annual Report (Incorporating the |
Director's Report) | |||
| Independent Examiner's Report |
to the Trustees | |||
| Statement of Financial Activities |
(Induding | Income and Expenditure | Account) | |
| Statement of Financial Position |
||||
| Notes to the Financial Statements | ||||
| The Following Pages Do Not | Form Part | ofthe Financial Statements | ||
| Detailed Statement of Financial | Activities | 19 |
| Year En | ded 31 March | 2021 | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | K | ||||||
| Income and endowments | |||||||
| Donations and legacies |
34,398 | 34,398 | 51,808 | ||||
| Charitable activities |
11,440 | 11,440 | 19,723 | ||||
| Investment income |
21 | 21 | 41 | ||||
| Other income | 25,561 | 25,561 | |||||
| Total income | 37,022 | 34,398 | 71,420 | 71,572 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 9,10 | 39,696 | 27,221 | 66,917 | 91,071 | |
| Total expenditure | 39,696 | 27,221 | 66,917 | 91,071 | |||
| Net Income/(expenditure) | (2,674) | 7,177 | 4,503 | (19,499) | |||
| Transfers between |
funds | (1,392) | 1,392 | ||||
| Net movement in |
funds | (4,066) | 8,569 | 4,503 | (19,499) | ||
| Reconciliation of |
funds | ||||||
| Total funds brought | forward | 514,942 | 11,194 | 526,136 | 545,635 | ||
| Total funds carried forward | 510,876 | 19,763 | 530,639 | 526,136 |
| 31 March | 2021 | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Note | ||||||
| Fixed Assets | ||||||
| Tangible fixed assets | 15 | 489,638 | 510,944 | |||
| Current Assets | ||||||
| Debtors | 16 | 5,228 | 3,592 | |||
| Cash at bank and in hand | 36,393 | 12,933 | ||||
| 41,621 | 16,525 | |||||
| Creditors: amounts | falling due within | one year | 17 | 620 | 1,333 | |
| Net Current Assets | 41,001 | 15,192 | ||||
| Total Assets Less Current Liabilities | 530,639 | 526,136 | ||||
| Funds ofthe Charity | ||||||
| Restricted funds | 19,763 | 11,194 | ||||
| Unrestricted funds |
510,876 | 514,942 | ||||
| Total charity funds | 18 | 636,63$ | 526,136 |
| Unrestricted | Restricted | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds f |
Funds | 2020 f |
|||||||
| Lettings, activities | and other | centre income | 16,368 | 16,368 | |||||
| Solar PV income | 2,185 | 2,185 | |||||||
| Durham County Council (Lunch Club) |
1,170 | 1,170 | |||||||
| 18,553 | 1,170 | 19,723 | |||||||
| 7. | Investment | Income | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2021 | Funds | 2020 | ||||||
| E | |||||||||
| Bank interest receivable | 21 | 21 | 41 | 41 | |||||
| 8. | Other Income | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2021 | Funds | 2020 | ||||||
| HMRC Job | Retention Scheme | 3,323 | 3323 | ||||||
| DCC Covid | support | grants | 22,238 | 22,238 | |||||
| 25,561 | 25,561 | ||||||||
| 9. | Expenditure | on Charitable | Activities | by Fund Type | |||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2021 | |||||||
| Costs of charitable details) |
activities | (see page | 20 for more | 39,696 | 27,221 | 66,917 | |||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2020 | |||||||
| Costs ofcharitable | activities | (see page | 20 for more | ||||||
| details) | 44,006 | 47,065 | 91,071 | ||||||
| 10. | Expenditure | on Charitable | Activities | by Activity | Type | ||||
| Activities | |||||||||
| undertaken | Total funds | Total fund | |||||||
| directly | 2021 | 2020 | |||||||
| F | |||||||||
| Costs ofcharitable details) |
activities | (see page | 20for more | 66,917 | 66,917 | 91,071 |
| 11. | Net Income/(Expenditure) | Net Income/(Expenditure) | Year Ended 31 March 2021 | Year Ended 31 March 2021 | ||
|---|---|---|---|---|---|---|
| Net income/(expenditure) | is stated after charging/(crediting): | |||||
| 2021 | 2020 f |
|||||
| Depreciation | oftangible fixed assets | 21,306 | 21,571 | |||
| 12. | Independent | Examination | Fees | |||
| 2021 | 2020 | |||||
| Fees payable | to the independent | examiner for: | ||||
| Independent | examination | ofthe financial statements | 500 | 500 | ||
| Other financial services | 120 | 120 | ||||
| 620 | 620 |
| Staff Costs | Staff Costs | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| The total staff costs | and employee | benefits for | the reporting | period are analysed as follows: | |||||
| 2021 | 2020 | ||||||||
| F | |||||||||
| Wages and salaries | 6,315 | 7,204 | |||||||
| The average head |
count of employees | during | the year was | 1 (2020:1).The average | number | of | |||
| full-time | equivalent | employees | during the year | is analysed as follows: | |||||
| 2021 | 2020 | ||||||||
| No. | No. | ||||||||
| Number | ofcentre staff | 1 | 1 |
| Tangible Fixed Assets | ||||
|---|---|---|---|---|
| Land and | Playground | Furniture & |
||
| buildings | Equipment | Equipment | Total | |
| f. | f, | R | ||
| Cost | ||||
| At 1 April 2020 and 31 March 2021 | 691,603 | 40,393 | 111,941 | 843,937 |
| Depreciation | ||||
| At 1 April 2020 | 224,825 | 20,839 | 87,329 | 332,993 |
| Charge for the year | 14,754 | 4,039 | 2,513 | 21,306 |
| At 31 March 2021 | 239,579 | 24,878 | 89,842 | 354,299 |
| Carrying amount |
||||
| At 31 March 2021 | 452,024 | 15,515 | 22,099 | 489,638 |
| At 31 March 2020 | 466,778 | 19,554 | 24,612 | 510,944 |
| 16. | Debtors | Year Ended 31 March 2021 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Trade debtors | 2,936 | 1,136 | |||
| Prepayments | and accrued income | 2,292 | 2,456 | ||
| 5,228 | 3,592 | ||||
| 17. | Creditors: amounts | falling due within one year | |||
| 2021 | 2020 | ||||
| Trade creditors | 620 | 620 | |||
| Other creditors | 713 | ||||
| 620 | 1,333 |
| At | At 31 March | ||||||
|---|---|---|---|---|---|---|---|
| 1 | April 2020 | Income | Expenditure | Transfers | 2021 | ||
| General | Funds | 3,998 | 37,022 | (18,390) | (1,392) | 21,238 | |
| Capital | Fund | 510,944 | (21,306) | 489,638 | |||
| 514,942 | 37,022 | (39,696) | (1,392) | 510,876 | |||
| At | At 31 March | ||||||
| 1 | April 2019 f |
Income f. |
Expenditure | Transfers | 2020 | ||
| General | Funds | 7,839 | 18,594 | (22,435) | 3,998 | ||
| Capital | Fund | 520,122 | (21,571) | 12,393 | 510,944 | ||
| 527,961 | 18,594 | (44,006) | 12,393 | 514,942 |
| Restricted funds | ||||||
|---|---|---|---|---|---|---|
| At | At 31 March | |||||
| 1 April 2020 | Income | Expenditure | Transfers | 2021 | ||
| Tow Law Town Council | 6,000 | (6,000) | ||||
| CDCF - Heartlands | ||||||
| Co-op Community | Fund | 1,744 | 1,744 | |||
| Rural Communities | ||||||
| Energy Fund | 4,024 | 9,800 | (9,800) | 4,024 | ||
| Durham County Council |
||||||
| -Lunch Club | 1,170 | 1,170 | ||||
| CDCF Covid | ||||||
| Sustainability Fund |
4,588 | (4,588) | ||||
| Stones project | 1,588 | (1,225) | 363 | |||
| DCC Easter Holidays | 1,680 | (550) | 1,130 | |||
| DCC Youth Cafe | 3,000 | 1,392 | 4,392 | |||
| National Lottery Digital |
||||||
| Help &DCC Computer | ||||||
| grant | 11,998 | (5,058) | 6,940 | |||
| 11,194 | 34,398 | (27,221) | 1,392 | 19,763 | ||
| At | At 31 March | |||||
| 1 April 2019 | Income | Expenditure | Transfers | 2020 | ||
| K | F | E | E | |||
| Tow Law Town Council | 12,000 | (6,000) | 6,000 | |||
| CDCF - Heartlands | 6,586 | (6,586) | ||||
| Durham County Council |
||||||
| -AAP holiday activities | 2,293 | (2,293) | ||||
| Durham County Council |
||||||
| -Youth worker | 750 | (750) | ||||
| Greggs Foundation | 955 | (955) |
| Year Ended | 31 March 2 | 021 | ||||||
|---|---|---|---|---|---|---|---|---|
| 18. | Analysis ofCharitable | Funds | (continued) | |||||
| Co-op Community | Fund | 1,278 | (1,278) | |||||
| CDCF - West Durham | ||||||||
| Windfarm Fund |
5,812 | (5,812) | ||||||
| Durham County Council |
||||||||
| - Playground | 15,484 | (3,091) | (12,393) | |||||
| Rural Communities | ||||||||
| Energy Fund | 24,324 | (20,300) | 4,024 | |||||
| Durham County Council |
||||||||
| - Lunch Club | 1,170 | 1,170 | ||||||
| 17,674 | 52,978 | (47,065) | (12,393) | 11,194 |
| Analysis of Net A | ssets Between Funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Tangible fixed assets | 489,638 | 489,638 | ||
| Current assets | 21,858 | 19,763 | 41,621 | |
| Creditors less than | 1 year | (620) | (620) | |
| Net assets | 510,876 | 19,763 | 530,639 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| Tangible fixed assets | 510,944 | 510,944 | ||
| Current assets | 5,331 | 11,194 | 16,525 | |
| Creditors less than | 1 year | (1,333) | (1,333) | |
| Net assets | 514,942 | 11,194 | 526,136 |
| Year Ended 31 March | 2021 | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | |||
| Income and endowments | |||
| Donations and legacies |
|||
| County Durham Community |
Foundation | 4,588 | 1,524 |
| Durham County Council |
12,376 | 15,484 | |
| Tow Law Town Council | 12,000 | ||
| Co-op Community Fund |
1,744 | ||
| Berwick Community Trust |
2,500 | ||
| Rural Communities Energy |
Fund | 9,800 | 20,300 |
| National Lottery |
5,890 | ||
| 34,398 | 51,808 | ||
| Charitable activities |
|||
| Lettings, activities and other | centre income | 7,322 | 16,368 |
| Solar PV income | 4,118 | 2,185 | |
| Durham County Council (Lunch Club) |
1,170 | ||
| 11,440 | 19,723 | ||
| Investment income |
|||
| Bank interest receivable | 21 | ||
| Other income | |||
| HMRC Job Retention Scheme | 3323 | ||
| DCC Covid support grants | 22,238 | ||
| 25,561 | |||
| Total income | 71,420 | 71,572 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| F | ||||
| Expenditure | ||||
| Wages | 6,315 | 7,204 | ||
| Water rates | 519 | 794 | ||
| Light &heat | 4,610 | 7,063 | ||
| Repairs &maintenance | 7,339 | 6,523 | ||
| Insurance | 3,000 | 2,980 | ||
| Refurbishment | costs | 7,090 | ||
| Accountancy | and payroll fees | 661 | 661 | |
| Telephone | 1,656 | 1,619 | ||
| Other office | costs | 576 | 430 | |
| Depreciation | 21,306 | 21,571 | ||
| Other centre | costs | 458 | 222 | |
| IT project costs | 5,058 | |||
| Sustainable | heat &power project costs | 9,800 | 20,300 | |
| Other project | costs | 5,619 | 14,614 | |
| Total expenditure | 66,917 | 91,071 | ||
| Net incomel(expenditure) | 4,503 | (19,499) |