2021-03-31-accounts - Ileys Community Association

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				Page
Charity information				1
Trustee's Report				2
Statement oftrustees'	responsibilities			4
Accountants' report				4
Statement of Financial		Activities		6
Income and Expenditure		account		7
Statement oftotal recognised			gains and losses	8
Recognised Gains and		Losses		9
Movements in Accumulated			Funds	9
Balance sheet				10
Cash flow statement				11
Notes to the accounts				13

ILEYS COMMUNITY ASSOCIATIO Statement ofFinancial Activities for the year ended 31 March 202	N 1
				Unrestncted		Restricted				Funds	Total	Funds
					Funds	Funds				Total
			Notes		2021		2021			2021		2020
									r.	6		8
Incoming resources
Incoming resources from generated Voluntary Income Sandwell Covid-19 Support Activities for generating funds Incoming resources from charitable	funds activities				27,873 9,500 33760 2,956	146,576 23,402				27,873 9 500 180,336 26,358		25,210 67 165 34,183
Total incoming resources					74,089	169,978				244,067		126,558
Costs ofcharitable activities					66,887		50,445			117.332		63,235
Governance costs					6469		49,267			55 736		49,751
Total resources expended					73,356		99,712			173,068		112,986
Net incoming resources
before transfers between funds					733		70,266			70,999		13,572
Net incoming resources before
Other recognised gains and losses					733		70,266			70,999		13572
Other recognised gains and losses
Net movement in funds					733		70	266		70999		13,572
Reconciliation offunds
Total funds brought forward					17,774					17,774		(21 195)
Total Funds carried forward					18,507		70,266			88,773		7,623)
The net movement in funds referred to		above	is the net mcoming		resources as defined			in	the	Statement of	Recommended
Practice for Accounting and Reporting		issued	by the Chanty	Commission for England			&	Wales		and is reconmled		tothe total
funds as shown m the Balance Sheet	on page		10 as required	by	the said statement
All activities derive from continumg		operations
Income and Expenditure Account
for the year ended 31 March 2021
					2021					2020
					f.					6
Turnover					244,067					126,558
Direct costs of turnover					117,332					63,235
Gross surplus					126,735					63,323
Governance costs					55 736					49 751
Operating surplus					70,999					13,572
Surplus on ordinary acuvities before tax					70,999					13,572
Surplus for the financial year					70,999					13,572
Gift Aid Payments
Retained surplus for the financial	year				70999					13572

LEYS COMMUNITY ASSOCIA Balance Sheet as at 31 March 2021	TION
	Notes		2021f		2020f
The assets and liabilities ofthe	charity:
Current assets
Cash at bank and in hand		88,773		17,774
Net current assets			88,773		17,774
Total assets less current liabilities			88,773		17,774
Creditors:-
amounts due after more than one	year
Net assets including pension	asset l liability		88,773		17,774
The funds ofthe charity:
Unrestricted income funds
Unrestricted revenue accumulated	funds	17,774		5,013
Net revenue funds		70,999		12,761
Unrestricted capital funds
Designated fixed asset funds
Total unrestricted funds					17,774
Restricted income funds
Restricted revenue accumulated	funds	70,266		16,182
Restricted capital funds
Total restricted funds			70,266		16,182
Total charity funds			88,773		17,774

ILEYS COMIIUNITY ASSOC Cash Flow Statement for the year ended 31 Marc	I h	A 2	TION 021
					2021	2020
Cash generated from operations Operating profit					70,999	9,666
Reconciliation to cash generated		from operations:
Depreciation
Amortisation of goodwill
Decrease in stocks
Decrease in debtors
Increase in creditors
					70,999	9,666
Cash from other sources
Interest received
Dividends received and gift aid	received			from subsidiaries
Grants received for the acquisition			of fixed assets
New long-term bank borrowings
New finance leases and HP contracts
Proceeds from sale of intangible		fixed assets
Proceeds from sale oftangible	fixed assets
Proceeds from sale of investments
Application ofcash
Interest paid
Tax paid
Dividends paid and gift aid paid
Purchase of intangible fixed assets
Purchase oftangible fixed assets						(4,796)
Purchase of investments
Redemption offinance leases and			HP contracts on sale ofassets
Repayment ofamounts borrowed
						(4,796)
Net increase in cash					70,999	4,870
Cash at bank and in hand less overdrafts				at 1 April	17,774	1,000
Cash at bank and in hand less		overdrafts at 31 March			88,773	17,774
Consisting of:
Cash at bank and in hand					88,773	17,774
Overdrafts
					88,773	17,774
Major non-cash transactions
Capital value of new finance lease			arrangements

Staff Costs and Emoluments	Staff Costs and Emoluments	2021
Gross Salaries		48,731
Employer's National	Insurance	3,890
Pension Contributions		3,685
		56,306

8	Analysis ofthe	Analysis ofthe	Net Movement in Funds	Net Movement in Funds	Net Movement in Funds	Net Movement in Funds	Net Movement in Funds		2021
	Net movement Net resources Net movement		in funds from Statement of Financial Activities applied on functional fixed assets in funds available for future activities						70,999 70,999 141,998
9	Particulars	of	Individual	Funds and analysis of			assets and liabilities		representing	funds
						funds	funds		funds
						F.
	Tangible Fixed		Assets
	Current Assets					88,773
						88,773	70,999		70,266
					Funds at		Movements	Transfers
						2020	in	Between
							Funds		funds
							as below
						17,774	57,427
						(17,774)	(57,427)
	Analysis	of movements		in funds	as	shown in the table above
					Incoming		Outgoing	Gains &
					Resources		Resourcesf		Losses
						244,067	173,068
						(244,067)	(173,068)

ILEYS COMMUNITY Schedule to the State for the year ended 3	A m 1	SSO ent Ma	rc	CIATIO ofFi h 202	N nanci 1	al Ac	tivit	ies	ies
								Unrestricted		Restricted		Total	Prior Period
									Funds	Funds		Funds	Total Funds
									2021	2021		2021	2020
									5		5	6	5
Incoming Resources
Donations
Grants, legacies and donations Sandwell Covid-19 Support									9,500			9,500
Other voluntary income Census Project Training, Events &Room Hire Total other voluntary income									6,677 21,196 27873			6,677 21,196 27,873	25,210 25,210
Total Voluntary Income									27,873			27,873	25,210
Activities for generating			funds
Training, Events, Room Reaching Community Mental Health	Hire		& Furlough						16,422	26,509 119,067		42,931 119,067	44,357 1,086
Black Country Project Fundrasing &donations Sandwel Consortium		(Inc	ASDA)						1,890 10,492	1,000		1,000 1,890 10,492	7,240 14,482
Innovation SCVO									4,956			4,956
Total ofactivities for		generating			funds				33,760	146,576		180,336	67,165
Incoming resources	from			charitable		activities
Youth Protect									2,956			2,956	450
Sandwel Counol													7,911
Sport England EU Settlement										10,000 13,402		10,000 13,402	12,140
ESF													13,682
charitable activities									2,956	23,402		26,358	34,183
Total Incoming Resources									64,589	169,978		234,567	126,558
Costs ofgenerating	funds
Charitable expenditure
Volunteers' Costs									737			737	1,523
Tutor Costs									11,495	13,402		24,897	10,535
Child Care for volunteers									50		520	570
									12,282	13,922		26,204	12,058
Employee costs:
Temporary staff and recruitment													1,700
Training and welfare									200	6,820		7,020	4,162
Travel and subsistence									300		780	1,080
TV License									170			170	152
Refreshment									400		520	920
									1 070		8 120	9,190	6014
Premises Costs
Rates, water and service charges									718			718	965
Insurance									470			470	295
Electncal &Gas Servicing									243			243	2,773
Light and heat									9,059			9,059	10,350
Cleaning									824			824	1,905
Premises repairs and	renewals								16,690			16,690	5,209
									28,004			28004	21,497
General administmtiva	expenses:
Telephone and fax									4,370		340	4,710	3,411
Stationery and pnnting									4,267		1,150	5,417	6,437
SCVO Monitonng											3,000	3,000
Information and publications													991
Donation									850			850	4,296
Equipment expenses									5,667		1,503	7,170	243
Hire of equipment									1,668			1,668	2,805
Subscription									1,000			1,000	1,000
Admin costs									1,200			1,200
Advertising and PR									3,302		2,964	6,266	1,350
Office Material									2,007		2,837	4,844
									24 331	11,794		36,125	20,533
Professional fees in support			ofcharliabla			activities
Accountancy fees other		than		examiners/auditors					400		1,140	1,540	1,083
Consultancy fees										15,469		15,469	1,550
CBR Check									800			800	500
									1 200	16,609		17809	3133
Total Support costs									66,887	50,445		117,332	63235
Total Expended on	Charitable				Activities				66,887	50,445		117,332	63,235
Governance costs	that		are not		direct management				functions	inherent	in generating
funds, service delivery			and programme				orproject		work
(including management				and administration				costsj