|lNDEX||Page(s)|
|---|---|---|
|Reference and Administration|||
|Trustee's Report||2-8|
|Independent
Examiner's|Report|9-10|
|Statement ofFinancial Activities|||
|Balance Sheet||12|
|Statement ofCash Flows||13|
|Related Notes||14-26|
##
|TRUtSTFFS/DIRECTOltS;|John Bridgeman|CBE|TD|DL - Chair|DL - Chair|
|---|---|---|---|---|---|
||Anthony
King - Finance|||||
||John Tasker|||||
||Maureen
Carney|- HR||||
||Gemma Barton|||||
||Surinder
Dhesi|||||
||Frank Richarclson|||||
||Harvey Marcovitch —Safeguarding|||||
||Andrew
Fairbairn|—Premises||||
||Jennifer Harris —Funding|||Strategy|Lead|
|RKFJISTERE1)OFFICE:|The Sunshine
Centre|||||
||186Ednutnds
Road|||||
||Banbury|||||
||Oxfordshire|||||
||OX16 OPJ|||||
|REGISTERED NUMBERS:|Company
No:
6876714|||||
||Charity bio:
1124335|||||
|INDEPENDENT|Mazars LLP|||||
|EXAMINER:|Charteretl
Accountants||and|Statutory|Auditors|
||The Pinnacle|||||
||160Midsummer|Boulevard||||
||Milton Keynes|||||
||MK9
IFF|||||
|BANKERS:|CAF Bank Limited|||||
||25 Kings Hill Avenue|||||
||Kings Hill|||||
||West Mailing|||||
||Kent|||||
||ME 194.1Q|||||
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|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||6 Months|6 Months|6 Months|12 Months|
||||2021|2021|2021|2020|
|Incoming Resources|||g||||
|Donations
and legacies|||30,681||30,681|78,846|
|Other trading
activities|||12,263||12,263|2,734|
|Income from investments|||16||16|1,051|
||||42,960||42,960|82,631|
|Income from charitable|||||||
|activities|||||||
|Community
centre activities||3|272,568|72,447|345,015|626,367|
|Total income and endowments|||315,528|72,447|387,975|708,998|
|Resources Expended|||||||
|Expen&liture
on:|||||||
|Raising funds|||17,729||17,729|36,040|
|Charitable
activities||6/7|187237|138137|323399|5N922|
|Total resources expended|||204,966|138,157|343,123|625,962|
|Net income before gains/(losses)|||||||
|on investnlents|||110,562|(65,710)|44,852|83,036|
|Net gains/(losses)
on investments|||21,960||21,960|11,148|
|Net movement
in funds|||132,522|(65,710)|66,812|94,184|
|Total funds brought
forward|at||||||
|I October 2020|||860,269|136,558|996,827|902,643|
|Total funds carried forwanl|at|16/17|||||
|31March 2021|||992,791|70,848|1,063,639|996,827|
##
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##
||||||Note|2021|2020|
|---|---|---|---|---|---|---|---|
|Investments|||||9|575,262|553,302|
|Tangible|Fixed Assets||||10|8,844|10,915|
|||||||584,106|564,217|
|Current
assets||||||||
|Debtors|||||11|35,249|28,081|
|Cash at bank||and in|hand||12|480,965|474,161|
|||||||516,214|502,242|
|Creditors:|amounts||falling due within|one|l3|(36,681)|(69,632)|
|year||||||||
|Net current||assets||||479,533|432,610|
|Net assets||||||1,063,639|996,827|
|Funds||||||||
|Unrestricted||funds -|general||16|475,757|349,66l|
|Designated|funds||||16|517,034|510,608|
|Restricted|fiinds||||17|70,848|136,558|
|||||||1,063,639|996,827|
##
##
##
||||2021|2020|
|---|---|---|---|---|
|Cash flows from operating|activities:||||
|Net incoming
resources|||66,812|94,184|
|Depreciation|||2,071|4,460|
|Loss/(gain)
on investments|||(21,960)|(11,148)|
|Trade and other receivables|||(7,168)|(8,719)|
|Trade and other payables|||(32,951)|12,324|
|Net cash inflow from operating||activities|6,804|91,101|
|Cash flows from investing|activities||||
|Purchase offixed assets||||(10,938)|
|Investment
in short term deposits||||284,598|
|Net increase
in cash|||6,804|364,761|
|Opening cash|||474,161|109,400|
|Movement
in the year|||6,804|364,761|
|Closing cash|||480,965|474,161|
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|2|Income|an&1 endowments|an&1 endowments|from:|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|Funds|Funds|
||||||6 Months|6 Months|6 Montlis|12 Months|
||||||2021|2021|2021
f|2020
f|
||Donations
and||legacies||||||
||Gifts and donatious||||10,052||10,052|40,350|
||Fundraising||||4, 129||4,129|5,496|
||Gifts in kind||||16,500||16,500|33,000|
|Total donations|||an&I legacies||30,681||30,681|78,846|
||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Fuuds|
||||||6 Months|6 Months|6 Months|12 Months|
||||||2021|2021f|2021|2020f|
|Other trading||activities|||||||
|Coffee machine||||||||391|
|Roon& rental|||||10,110||IO, I 10|1,589|
|Other|||||2,153||2,153|754|
|Total other|trading||activities||12,263||12,263|2,734|
|3
Income|from Charitable|||activities|||||
||||||Un restricted|Restricted|Total|Total|
||||||Funds|Funds|Funds|Funds|
||||||6 Months|6 Months|6 Months|12 Months|
||||||2021|2021|2021f|2020f|
|Community|centre activities||||||||
|Fees —Child|care||||67,515||67,515|I I9,578|
|Fees —Family support|||||4,703||4,703|1,647|
|Grants (see note||4)|||200,350|72,'147|272,797|505,142|
|Total income from charitable|||||||||
|activities|||||272,568|72,447|345,0I5|626.367|
##
##
##
|G|rants rec|eived
in the perio|d are as follows:||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||6 IVIonths|6 Months|6 Months|12Months|
||||2021|2021|2021|2020|
||||K||E||
|Grants|—Child|Care|174,905||174,905|251,215|
|Other|grants||25,445|72,447|97,892|253,927|
||||200,350|72,447|272,797|505,142|
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||6 IVIonths|6 Months|6Months|12 Months|
||||2021|2021|2021|2020|
|||||g|||
|Photocopier|||1,112||1,112|2.777|
|Coffee machine||expenses||||146|
|Fuudraising|expenses||117||117|117|
|Gifts in kind|(see note 2)||16,500||16,500|33,000|
||||17,729||17,729|36,040|
##
|Expen|diture|on Charitable»cti|vities||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Fun&la|Funds|Funds|
||||6 Months|6 Months|6 Months|12 Months|
||||2021|2021|2021|2020|
||||E||||
|Community|centre|activities|187,237|138,157|325,394|589,922|
||||187,237|138,157|325,394|589,922|
##
|7|Support costs|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Fun&Is|Funds|Funds|
|||6 Months|6 Months|6Months|12 Months|
|||2021f|2021
f|2021
8|2020f|
||Accountancy|1,800||1,800|3,300|
||Legal and professional|||463|2,100|
||Bank charges||||258|
|||2,353||2,353|5,658|
|8|Employees|Employees||||||
|---|---|---|---|---|---|---|---|
||Nuns her of|employees||||2021|2020|
|||||||6 Months|12 Months|
|||||||Number|Number|
||The average|monthly|numbers ofemployees|during|the year v ere:|30|30|
||Wages and|salaries||||237,508|474,484|
||Social security costs|||||16,625|33,310|
||Pension costs|||||6,630|12,783|
|||||||260,763|520,577|
|9|Investments||||||
|---|---|---|---|---|---|---|
||Quoted investments||||||
||Market value at
I|October 2020||||553,302|
||Additions
during|the|period||||
||Disposals during|the|period||||
||Realised
investment||(losses)/gains|||21,960|
||Market value at|31|March 2021|||575,262|
||Original cost|||||500,000|
||Investments
are|held||in:|||
||UK Investment
Funds|||||99,218|
||Global Investment|Funds||||60,475|
||UK Equity Funds|||||71,585|
||Global Equity Funds|||||138,938|
||Propetty
Funds|||||7,690|
||Volatility
Management|||and Alternative|Investments|188,461|
||Cash and settlements|||pending||8,895|
|||||||575,262|
##
##
|10
|Tangible fixed assets||||
|---|---|---|---|---|
||||Fixtures,||
||||Fittings &||
|||Play Area|Equipment|Totalf|
|COST|||||
|As at|1 October 2020|31,654|64,898|96,552|
|Additions
during
the period|||||
|Disposals|||||
|As at|31 March 2021|31,654|64,898|96,552|
|DEPRECIATION|||||
|As at|1 October 2020|31,654|53,983|85.637|
|Charge for the period|||2,071|2,071|
|Eliminated
on disposal|||||
|As at|31 March 2021|31,654|56.054|87.708|
|NET|BOOKVALUE||||
|As at|31 lvlarch 2021||8,844|8,844|
|As at|30 September 2020||10,915|10,915|
|11|Debtors||||
||||2021|2020|
|Dne vvithin
one year|||||
|Trade|debtors||11,061|5,151|
|Prepayments
and accrued income|||24,188|22,930|
||||35,249|28,081|
|12|Cash and cash equivalents||||
||||2021|2020|
|Cash|at bank and in hand||480,965|474,161|
||||480 965|474.161|
##
##
##
|3
Creditors: amounts
falling due within
one year|||
|---|---|---|
||2021|2020|
|Trade creditors|5,533|3,884|
|Other taxes and social security costs|7,264|7,112|
|Accruals
and deferred income (Note 14)|8,795|42,409|
|Other creditors|15,089|16,227|
||36,681|69,632|
|4
Def|erred Income|||
|---|---|---|---|
||||Trip/childcare|
||||fee income|
|Defened|income as at|1 October 2020|35,196|
|Released|in the period||(35,196)|
|Income|deferred
in the|period|404|
|Deferred|income as at|31 March 2021|404|
||||Unrestricted||||
|---|---|---|---|---|---|---|
||||Funds|Designated|Restricted|Total|
||||General|Fun&isf|Funds|Funds|
|Fund balances||at 31 March 2021 as|||||
|represented
by:|||||||
|investments|||58,228|517,034||575,262|
|Tangible|fixed|assets|8,844|||8.844|
|Current|assets||445,366||70,8-'l8|516,214|
|Current|liabilities||(36,681)|||(36,681)|
||||475,757|517,034|70,848|1,063,639|
##
|16
Unrestricted||funds|||||||
|---|---|---|---|---|---|---|---|---|
|||As|at||||Net gains/|Total|
||I|October|||||(losses) on|Funds|
|||2020||Incoming|Outgoing|Transfers|investments|2021|
||||K||||||
|General||349.661||308,258|(204,122)||21,960|475,757|
|Designated—|||||||||
|wind down and||475,398||||||475,398|
|closure costs|||||||||
|Designated—|||||||||
|specific funded||35,210||7,270|(844)|||41,636|
|projects|||||||||
|||860,269||315,528|(204,966)||21,960|992,791|
|17
Restricted
funds|||||||||
|||||As nt
I October 20|Incoming|Outgoing|Transfers|As at
31 1VIarch 21|
|||||f.||g|||
|Sanctuary
Housing||||8,133|500|6,997||1,636|
|Councillor
Priority|Fund|||6,507||5,000||1,507|
|Cherwell
Play Grant||||5,000||5.000|||
|Community
Friendship
Grant||||8,085||||8,085|
|HDH Wills Trust||||49,476||8,736||40,740|
|Mental Health Research||||350||||350|
|The Pye Trust||||2,500|2.500|||5.000|
|National
Lottery
Community
Fund||||52,773||51,531||1,242|
|Oxfordshire
Conununity|||||||||
|Foundation
Covid-19
Recover Stronger||||1,089|||||
|Programme|||||||||
|Councillor
Priority
Covid I9|Fund-|||82 I||330||49!|
|Oxfordshire
County
Council PPE|||||50||||
|Cherwell
District Council-
Covid19||||1,824||||1,824|
|Oxfordshire
County
Council —Winter Grant|||||5,070|5,070|||
|Cherwell
District Council—
Emergency
Relief Fund|||||5,000|||4,318|
|Sport England —Tacklillg
Inequalities|||||7.772|2,649||5, 123|
|CAF Resilience
Fund|||||51.555|51,512||43|
|||||136,SSB|7'2,447|(138,157)||70,848|
##
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##
|ancellab|le|operating
leases in the following
12 m|onths.||
|---|---|---|---|---|
||||31|30|
||||March|September|
||||2021|2020f|
|Within|1|year|4,152|4,152|
|Within|2|to 5 years|11,418|13,494|
||||15,570||
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
|||12 Months|12 Months|12 Months|
|||2020|2020|2020|
|Incoming Resources||||g|
|Voluntary
income|||||
|Donations
and legacies||78,846||78,846|
|Other trading activities||2,734||2,734|
|Income from investments||1,051||1,051|
|||82,631||82,631|
|Income from charitable|activities||||
|Community
centre activities||476,069|150,298|626,367|
|Total incoming
resources||558,700|150,298|708,998|
|Resources Expemled|||||
|Expenditure
on raising fnnds|||||
|Costs ofactivities for generating|||||
|funds||36,040||36,040|
|Krpen&liture
on Charitable|||||
|activities|||||
|Charitable
activities||553,941|35,981|589,922|
|Total resources expended||589,981|35,981|625,962|
|tern|||||
|Net incoming/(outgoing)|resources||||
|before investntent
gains||(31,281)|114.317|83,036|
|Net gains/(losses)
on investment||11.148||11,148|
|assets|||||
|Net ntovement
offun&la after||(20,133)|114,317|94,184|
|investnsent
gains|||||
|Total funds brought fora ard at|||||
|I October 2019||880,402|22,241|902,6-'13|
|Total funds carried fora|ard at||||
|30Sep
ber 2020||860,269|136,558|996,827|