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2020-10-31-accounts

Registered number: 06687249

CARTERTON COMMUNITY CENTRE ; DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020

Shilton Accounting Services

Certified Practising Accountant

ist Floor, 1 The Clock House Brize Norton Road Carterton Oxfordshire OX18 3HN

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Directors’ Carterton Community Centre Report and Unaudited Financial Statements For The Year Ended 31 October 2020 ee ae

Contents

Page
Company Information
L
Directors’ Report
2
Accountants’ Report
3
Income and Expenditure Account
4
Balance Sheet
5-6
Notes to the Financial Statements
7—8
The following pages do notform part ofthe statutory accounts:
Detailed Income and Expenditure Account
5—10

Carterton Community Centre Company Information For The Year Ended 31 October 2020

Directors Mr John Harrington
Mr Nathan Holcombe
Miss Wendy Atkinson
Ms Greville Trevelyan
Ms Jill Bull
Mr David Melvin
Company Number 06687249
Registered Office Marigold Square
Shilton Park
Carterton
Oxfordshire
OX18 1AX
Accountants Shilton Accounting Services
Certified Practising Accountant
ist Floor, 1 The Clock House :
Brize Norton Road
Carterton
Oxfordshire
OXi83HN

Page 1

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Carterton Community Centre Company No. 06687249 nnenenreeeaemeeeee eeeDirectors' Reportamr For The Year Ended 31 OctoberNe 2020

The directors present their report and the financial statements for the year ended 31 October 2020.

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: e select suitable accounting policies and then apply them consistently; e 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.

Directors

The directors who held office during the year were as follows: : Mr John Harrington

Mr Nathan Holcombe Miss Wendy Atkinson Ms Greville Trevelyan Ms Jill Bull Mr David Melvin

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 ofthe’board # ShePhe fl fanPremaif &ff ot *NY Mr John Harrington

Director

10/12/2020

Page 2

,

Carterton Community Centre Accountants’ Report For The Year Ended 31 October 2020

In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 October 2020 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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.

David Cuthbertson

10/12/2020

Shilton Accounting Services Certified Practising Accountant

ist Floor, 1 The Clock House Brize Norton Road Carterton Oxfordshire OXi8 3HN

Page 3

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|||||||| |---|---|---|---|---|---|---| |Carterton|Community|Centre| |Income|and|Expenditure|Account| |sa|ep|aFor The Year Ended 31a Octobera|2020cl Sh|ll|ee|gm| |2620|2019| |Notes|Fi|£| |TURNOVER|34,053|92,507| |Cost|of sales|(3,772)|(905)| |GROSS SURPLUS|30,281|91,602| |Administrative|expenses|(70,455)|(74,404)| |Other operating|income|29,056|=| |OPERATING|(DEFICIT)/SURPLUS|(11,118)|17,198| |Other|interest|receivable|and|similar income|2,305|956| |(DEFICIT) /SURPLUS|FOR THE FINANCIAL YEAR|(8,813)|18,154|

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The notes on pages 7 to 8 form part of these financial statements.

Page 4

Carterton Community Centre Balance Sheet As at 31 October 2020

2620 2019
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 1,204 308
1,204 908
CURRENT ASSETS
Debtors 4 1,948 3,872
Cash at bank and in hand 161,662 167,863
163,610 471,735
Creditors: AmountsFailing Due WithinOne
Year		 5 (3,169) (2,185)
NET CURRENT ASSETS (LIABILITIES) 160,441 169,550
TOTALASSETS LESS CURRENT LIABILITIES 161,645 170,458
NET ASSETS 161,645 170,458
Income and Expenditure Account 161,645 170,458
MEMBERS'FUNDS 161,645 170,458

Page 5

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Carterton Community Centre Balance Sheet (continued) aan SnRRennmiememmmemeemememmmemememeeneneeeeeese As at 31 October 2020

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For the year ending 31 October 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

® These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. £ On behalf of theboard Zé

oe sie seed eee fF x # Pe Mr John HarringtonFa i Director

10/12/2020

The notes on pages 7 to 8 form part of these financial statements.

Page 6

Carterton Community Centre Notes to the Financial Statements For The Year Ended 31 October 2020

i. 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 astimated 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:

Plant & Machinery 25% Straight Line Fixtures & Fittings 25% Straight Line Computer Equipment 25% Straight Line

  1. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

Office and administration

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2026 2019
5 5
5 5
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Page 7

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Carterton Community Centre Notes to the Financial Statements (continued) RFor Th e Year Ended 31a OctoberIE 2020 a ym a

3.
Tangible Assets
Plant &
Machinery		 Fixtures&
Fittings		 Computer
Equipment		 Totai
£ £ £ =
Cost
As at 1 November 2019 4,874 12,156 493 17,523
Additions - 1,453 = 1,453
As at31 October 2020 4,874 13,609 493 18,976
Depreciation
As at 1 November2019 4,874 11,372 369 16,615
Provided during the period - 1,034 123 1,157
As at 31 October 2020 4,874 12,406 492 17,772
Net BookValue
As at 31 October 2020 - 1,203 1 1,204
As at 1 November 2019 - 784 124 908
4.
Debtors
2020 2019
£ £
Due within one year
Trade debtors 1,293 3,024
Prepayments and accrued income 655 848
1,948 3,872
5.
Creditors: Amounts Falling Due Within OneYear
2020 2019
£ £
Trade creditors 2,123 1,669
Othertaxes and social security 335 516
Pension Control 133 .
Accruals and deferred income 578 -
3,169 2,185
  1. 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

Carterton Community Centre is a private company, limited by guarantee, incorporated in England & Wales, registered number 06687249. The registered office is Marigold Square, Shilton Park, Carterton, Oxfordshire, OX18 1AX.

Page 8

Carterton Community Centre Detailed Income and Expenditure Account For The Year Ended 31 October 2020

2020 2019
£ £ £ £
TURNOVER
Cafe and Hall hire 32,394 87,060
Restricted funds 412 *
Grants and donations received 1,247 5,447
34,053 92,507
COST OF SALES
Purchases S772 905
(3,772) (905)
GROSSSURPLUS 30,281 91,602
Administrative Expenses
Wages and salaries 38,325 38,779
Employers pensions - defined contributions scheme 1,055 1,000 :
Staff welfare - 340
Health and safety costs 198 93
Rent and rates 492 1,626
Light and heat 6,382 7,280
Water rates 4,133 1,290
Cleaning 2,853 ; 2,996
Security costs 1,101 261
Computer software, consumables and maintenance 169 245
Repairs, renewals and maintenance 5,a71 BAsi
Insurance 1,494 1,476
Printing, postage and stationery 30 209
Advertising and marketing costs 188 593
Training seminars and workshops - 300
Telecommunications and data costs 2,889 2,507
Website costs 61 110
Accountancy fees 3,228 3,300
Subscriptions 450 211
Bank charges 742 635
Charitable donations 2,730 1,250
Depreciation offixtures and fittings 1,034 4,610
Depreciation of computer equipment 423 123
Sundry expenses 407 (1)
(70,455) (74,404)
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Carterton Community Centre Detailed Income and Expenditure Account (continued) Sat aFor The Year Ended 31 October 2020at et na

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Other Operating Income
Grants and subsidies received 29,056 =
29,056 :
OPERATING (DEFICIT)/SURPLUS (11,118) 17,198
Other interest receivable and similar income
Bank interest receivable 2,305 956
2,305 956
(DEFICIT) /SURPLUS FOR THE FINANCIAL YEAR (8,813) 18,154
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Page 10

| report on the accounts of the company for the year ended 31 October 2020, which are set out on pages 1 to 10.

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibili t o:y

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those maiters set out in the statementbelow.

In connection with my examination, no matter has come to myattention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Name: Viktoria Hayden MAAT 53 Frethern Close, Burford, OX18 4NS

Signature: Ut dscor Koud Vr.

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date Q+-~ Ol- LOD
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