Accountancy Solutions
Askern Ward Community Partnership
Financial statements for the year ended 31st March 2022
Charity number: 1128737 Registered England and Wales
Company number: 4356031 Company limited by guarantee
[Call: 07926 450 250 ] Email: info@hslaccountancysolutions.co.uk www.hslaccountancysolutions.co.uk
Askern Ward Community Partnership Contents of the financial statements for the year ended 31st March 2022
| Askern Ward Community Partnership Contents of the financial statements for the year ended 31st March 2022 |
Askern Ward Community Partnership Contents of the financial statements for the year ended 31st March 2022 |
|---|---|
| _________________ | |
| Page | |
| Administrative Details | 1 |
| Directors (Trustees Report) | 2 - 3 |
| Accountants Report | 4 |
| Income and Expenditure Account | 5 |
| Balance Sheet | 6 |
| Notes to the accounts | 7 - 8 |
Askern Ward Community Partnership Administrative details for the year ended 31st March 2022
Full name Askern Ward Community Partnership Registered Charity number 1128737 Registered Company number 4356031 Directors (Trustees) Norman Firth Director Iris Beech Director Kevin Wood Director Hayley Roya Director John Gilliver Director Administrative address Askern Ward Community Partnership (Shakers) High Street Askern Doncaster DN6 0AB Bankers HSBC Bank Plc High Street Doncaster DN1 1EE Accountant HSL Accountancy Solutions Ltd Enterprise House 61a Carr House Doncaster DN1 2BY
Page 1
Askern Ward Community Partnership The Directors (trustees) present their annual report for the year ended 31st March 2022
The Trustees, who are also Directors of the charity for the purposes of the Companies Act, submit their annual report and financial statements for the year ended 31st March 2022.
Exemptions
The trustees have taken advantage of the exemptions available to small companies, including the audit exemption (see statement on balance sheet).
Structure, Governance & Management
The charity is a company limited by guarantee and a registered charity. It operates under the rules of its memorandum and articles of association dated 18th January 2002. It has no shared capital and in the event of the company winding up, the Directors (Trustees) have limited liability of £1.
Membership is made up of both elected representatives from interested groups within Askern Ward, both statutory and voluntary. The membership elects the Trustees each year on a bi-annual basis. This means only half the Trustees are elected each year with the other half being elected the following year, to provide continuity.
Aims and objectives
The principle objects of the company is the regeneration of the Askern Ward in Doncaster. We seeks to achieve the principle objects in the following specific ways;
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the relief of poverty
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the relief of unemployment
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the advancement of education, training, or retraining, particularly among unemployed people providing work experience of the unemployed
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the provision of financial assistance, technical assistance, business advice or consultancy in order to provide training and employment opportunities for unemployed people in cases of financial and other charitable need through help in setting up their own business or to existing businesses
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the creation of training and employment opportunities by the provision of workspaces, buildings and/or land for use on favourable terms
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the provision of housing for those who are in conditions of need and the improvement of housing in the public sector or in charitable ownership provided that such power shall not extend to reliving any local authorities or other bodies of statutory duty to provide or improve housing
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the maintenance, improvement or provision of public amenities
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the preservation of buildings or sites of historic or architectural importance
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the provision of recreational facilities for the public at large or those who by reasons of their youth, age, infirmity, disability, poverty or social and economic circumstances, have need of such facilities
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the protection or conservation of the environment
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the provision of public health facilities and childcare
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the promotion of public safety and prevention of crime, and
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such other means as may from time to time be determined subject to the prior consent of the charity commission
Summary and main activities undertaken for public benefit
In setting and confirming these objectives, the Trustees (Directors) consider that they have complied with the duty in section 4 of the Charity Act 2006 to have due regard to public benefit guidance issued by the Charity Commission and that the rest of the report demonstrates that the trust delivers public benefit.
Achievements and performance
Askern Ward Community Partnership (Shakers) Shakers managed to re-open on the 13th August, currently mainly operating as landlords to the Young Folk Foundation, and Action Youth. We also have enquiries from other Groups wanting to use the building, which we have been working very hard and fast to fully open. It is proposed to work with these groups, utilising the £10k Lottery Grant for Youth Activities.
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Askern Ward Community Partnership The Directors (trustees) present their annual report for the year ended 31st March 2022
Achievements and performance (continued)
We have also been awarded £25k from DMBC for refurbishment of the building and once this money has been received works will commence. A contract in principle has been agreed with Bagnalls painting & decorators.
Reserves policy
Askern Ward Community partnership has a reserves policy which commits the trust to assign any unallocated and unrestricted funds to the trusts general reserve on a year on year basis until the general reserves represent three months expenditure of the trust. This amount would allow for any foreseeable costs in winding up the charity. This is difficult to achieve at the present time.
The view of the trust is that on an on-going basis 3 months is considered a reasonable time period to allow an orderly closure of the charity.
Statement of Directors (Trustees') responsibilities
The trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure of the charitable company and the group for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and of the group 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 charitable company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees declare that they have approved the above report.
Signed on behalf of the trustees
Signed:
Name and position: Iris Beech, Director/Trustee
Date: 13[th] September 2022
Page 3
Accountants report to the Directors (Trustees) of Askern Ward Community Partnership for the year ended 31st March 2022
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2022.
We have prepared these finance statements based on the accounting records, information and explanations provided by you.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit and an Independent examination for this accounting year. Therefore, the financial statements are unaudited and have not been independently examined, we do not express an opinion.
This report is made to the Company's Board of Directors (Trustees), as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company's Board of Directors (Trustees) that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose.
Date: 14[th] September 2022
HSL Accountancy Solutions Enterprise House 61a Carr House Doncaster DN1 2BY
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Askern Ward Community Partnership Income and Expenditure Account for the year ended 31st March 2022
| INCOME Grants & donations Fundraising income Bank interest TOTAL INCOME EXPENDITURE Cost of fundraising Premise maintenance Insurances Utilities & waste disposal Telephone, internet & postage Professional fees Bank charges Depreciation Sundry expenses TOTAL EXPENSES Net income/expenditure Balance brought forward at 1st April 2021 Balance carried forward At 31st March 2022 |
General Restricted Total Total Fund Fund 2022 2021 £ £ £ £ 25,000 0 25,000 20,100 0 0 0 0 1 0 1 1 |
|---|---|
| 25,001 0 25,001 20,101 |
|
| 0 0 0 500 3,508 0 3,508 4,414 2,108 0 2,108 2,309 1,907 0 1,907 3,264 0 0 0 289 850 0 850 500 100 0 100 15 0 4,159 4,159 4,159 0 0 0 0 |
|
| 8,473 4,159 12,632 15,451 |
|
| 16,528 -4,159 12,369 4,650 1,458 378,157 379,615 374,964 |
|
| 17,986 373,998 391,984 379,615 |
|
Page 5
Askern Ward Community Partnership Balance sheet as at 31st March 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Fixed Assets | 361,847 | 366,006 | |
| Current Assets | |||
| Debtors | 3 | 0 | 0 |
| Cash at bank & in hand | 30,738 | 14,709 | |
| 30,738 | 14,709 | ||
| Liabilities | |||
| Creditors - amounts due within one year | 3 | -600 | -1,100 |
| Net current assets | 30,138 | 13,609 | |
| Net assets | 391,984 | 379,615 | |
| Funds of the company | |||
| Unrestricted Funds | 7 | 17,986 | 1,458 |
| Restricted Funds | 7 | 373,998 | 378,157 |
| Total funds | 391,984 | 379,615 |
For the period ended 31[st] March 2022, the company is entitled to the audit exemption under section 477 (2) of the Companies Act 2006.
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:
a) ensuring the company keeps accounting records which comply with section 386; and
b) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and its profit or loss for the financial year, in accordance with the requirement of the companies Act 2006 relating to accounts, so far as is applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime.
The directors declare that they have approved the accounts above. Signed on behalf of the company's directors:
Signed:
Name and position: Iris Beech, Director/Trustee Date: 13[th] September 2022
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Askern Ward Community Partnership Notes to the financial statements for the year ended 31st March 2022
1 Accounting policies
1.1 Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.
1.2 Incoming resources
These are included in the Income and Expenditure account. Incoming resources are recognised when:
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the company becomes entitled to the resources
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the directors are virtually certain they will receive the resources; and
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the monetary value can be measured with sufficient reliability
Where incoming resources have related expenditure (as with fund-raising or contract income) the incoming resources and related expenditure are reported gross in the Income and Expenditure account
Grants and donations are only included in the Income and Expenditure account when the company has unconditional entitlement to the resources.
Contractual income is only included in the Income and Expenditure account once the related goods or performance related services have been delivered.
Investment income is included in the accounts when receivable.
1.3 Expenditure and liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation committing the company to pay out resources.
1.4 Assets
Tangible assets are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost, or, if gifted, at the value to the company on receipt. The rates applicable are;
Buildings 1% Straight line Fixtures and fittings 20% Straight line General equipment 20% Straight line IT equipment 33% Straight line
1.5 Taxes
The company is registered with HMRC. It is exempt from corporation tax on its charitable activities. As at the date of these accounts the Company is not VAT registered
2. Grants
| Grants & donations Awards for all Doncaster MBC Total |
General Designated Restricted Total Fund Fund Fund Funds £ £ £ £ 0 25,000 25,000 |
|---|---|
| 25,000 0 0 25,000 |
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Askern Ward Community Partnership Notes to the financial statements for the year ended 31st March 2022
| 3 Tangible fixed assets Cost At 1st April 2021 Additions Disposals At 31st March 2022 Depreciation At 1st April 2021 Disposals Charge this period At 31st March 2022 Net book value at 31st March 2022 4 Creditors - due within one year Trade creditors Accountancy fee Debtors Trade debtors Prepayments 5 Movement of funds |
Freehold Furniture General Total buildings & fittings equipment £ £ £ £ 415,915 16,728 30,312 462,955 0 0 |
Freehold Furniture General Total buildings & fittings equipment £ £ £ £ 415,915 16,728 30,312 462,955 0 0 |
Freehold Furniture General Total buildings & fittings equipment £ £ £ £ 415,915 16,728 30,312 462,955 0 0 |
|---|---|---|---|
| 415,915 16,728 |
30,312 462,955 |
||
| 49,909 16,728 4,159 0 |
30,312 96,949 0 0 4,159 |
||
| 54,069 16,728 |
30,312 101,109 |
||
| 361,847 0 |
0 361,847 |
||
| 2022 £ 0 (600) £ 0 0 |
2021 £ 0 (1,100) £ 0 0 |
||
| Movement of funds | |
|---|---|
| Unrestricted funds General funds Restricted funds Shakers building Awards for all |
Balance at Incoming Expended Balance at 01/04/2021 Resources Resources Transfers 31/03/2022 £ £ £ £ £ 1,458 25,001 8,473 0 17,986 |
| 368,157 0 4,159 0 363,998 10,000 0 0 0 10,000 |
|
| 379,615 25,001 12,632 0 391,984 |
6 Staff costs
The organisation had no paid staff during the period of these accounts.
7 Trustees remuneration, benefits and expenses
Trustees received no remuneration or expenses during the period of these accounts
8 Previous year’s comparison
Where available, previous period's figures have been included for comparison purposes only.
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