2021-03-31-accounts

Report ofthe Trustees		I to4
Report ofthe Auditors		5to6
Statement ofFinancial	Activities
Statement ofFinancial	Position
Statement ofCashftow
Notes to the Financial Statements		10to 22
Detailed Statement ofFinandal Activities		23to 24

West Itchen Community Trust governed by Its Memorandum	West Itchen Community Trust governed by Its Memorandum	West Itchen Community Trust governed by Its Memorandum	West Itchen Community Trust governed by Its Memorandum	Limited was registered as a charity and Arbdes ofAssociacon.	Limited was registered as a charity and Arbdes ofAssociacon.	Limited was registered as a charity and Arbdes ofAssociacon.	Limited was registered as a charity and Arbdes ofAssociacon.	on 28July 2009. It was incorporated	on 16Decembsr2002	and is
Charity registration	number:				1130797
Company registration		number:			4617788
Directors / Trustees:
VScott
R Cleaver —Resigned 30.11.2021
R Ruel —Resigned	30.11.2021
H Jackson
N Cato
Company Secretary:		R Harwood
Principal / registered	address;
Ropewalk Centre
53Derby Road
Southampton
6014ODJ
Auditors:
HJSAccountants Limited
12/14 Carlton Place
Southampton
Hampshire
SO152EA

West itchen	Community	Tmst Limited
Report of	the Trustees	Continued
For the year ended 31		March 2021

REFERENCE AND	ADMINISTRATIVE	INFORMATION
Name ofCharity		West Itchen Community		Trust Umited
Charity registration	number	1130797
Principal address		Ropewalk Centre
		53 Derby Road
		Southampton
		Hampshire
		SO14 0DJ
Trustees
The trustees and oflicers serving during		the year and since the year end were as		follows:
		H Jackson
		RCleaver —Resigned 30.11.2021
		R Ruel —Resigned 30.11.2021
		VScott
		N Cato (Chairman)
Secretary		RHarwood
Auditor		HJS Accountants	Limited
		12/14 Carlton Place
		Southampton
		Hampshire
		SO152EA

			Notes	Unrestricted	Restricted	2021	2020
				funds	funds
Income and endowments	from:
Donations and legacies
Charitable activities					68,000	68,000	221,450
Other trading activities				409,485		409,485	328,063
Investments							24
Total				409,488	68,000	477,488	549,537
Expenditure on:
Raising funds				(333,575)		(333,575)	(235,568)
Charitable acBvitles			Bn		(140,415)	(140,415)	(135,391)
Other expenditure			5				(173,547}
Total				(333,575)	(140,415)	(473,990)	(544,508)
Net Income/(expenditure)				75,913	(72815)	3,498	5,031
Reconciliation offunds
Total funds brought forward				1,608,286	152,498	1,760,784	1,755,753
Adjustment to funds brought		forward			1,706	1,706
Total funds carried forward				1.684,199	81,789	1,765,988	1,780,784

			Notes	2021	2020
Fixed assets
Tangible assets			14	817,637	834,292
Investments			15	3,087,975	2,753,500
				3,905,612	3,587,792
Current assets
Debtors			16	29,175	166,367
Cash at bank and in hand				166,773	8,243
				195„948	174,610
Creditors:	amounts	falling due within one year	17	(145,307)	(145,960)
Net current	assets			50,641	28,650
Total assets less current liabilities				3,956.253	3,616,442
Creditors:	amounts	falling due after more than one year	18/19	(1,935,600)	(1,933,028)
Net assets				2,020,653	1,683„414
The funds	ofthe charity		20/21	81,789	152,498
Restricted income funds
Unrestricted	income	funds	20/21	1,684, 199	1,608,286
				268,757	(77,370)
Revaluation	reserve			(14,092)
Adjustment	to Reserve Brought Forward
Total funds				2,020,653	1,683,414

Statement ofcash flows								Total funds
Cash flows from operating activities:
Net cash provided by (used in) operating		activiTies					Note 1	158530
Cash flows from investing activities:
Purchase ofproperty, plant and equipment
Purchase ofintangible assets
Purchase ofInvestments
Net cash provided by (used in) /nves/Ing	acbv///es
Change in cash and cash equivalents	in the reporting			period				158,530
Cash and cash equivalents at the beginning ofthe			reporting		period			8,243
Change in cash and cash equivalents due		toexchange	rate movements
Cash and cash equivalents at the end	ofthe reporting			period			Note 2	166,773
Note 1' Reconcigation ofnet income/ ex nditure			to	net cash flow from o		ratin	activities
								Current year
Net income/(expenditure) for the reporting		period (as						3,498
per the statement offinancial activities)
Adjustments for:
Depreciation charges								14,215
Change in funds brought forward								1,706
(Increase)/decrease in debtors								137,192
Increase/(decrease) in creditors								1 919
Net cash provided by (used in) operating activities								158,530
Note 2.Anal sis ofcash and cash e uivalents
								Current year
Cash held								267
Handelsbanken current account								158,560
Handelsbanken savings account								7946

come fr	om charitable activities
		2021	2020
PHT-Northern
Income	from charitable	40,000	111,574
activities - PHT
Northern
PHT- St	Marys
Income	from	28,000	109,876
charitable activities
		68,000	221,450
ncome earned from other activities
		2021	2020
		6	8
Unrestricted funds
Furlough	Grants	71,172
NDRR Grants		5,239
Property	Rental Income	232,940	324,069
State Aid	Grants	100,137
Property	Servrce Charges		3,994
		409,488	328,063

4.Investment	income	income
			2021	2020
			6	8
Unrestricted		funds
Bank interest		receivable		24
				24

						2021	2020
						6	6
unrestricted	funds
Property Operations			and other		resources	202,462	219,883
Wages allocated		to unrestricted			funds	118,842	173,797
Support costs	excluding wages					12,271	15,435
						333,575	409,115
6.Costs ofcharitable		activities		by	fund type
						2021	2020
Restricted funds
PHT-Northern						79,418	51,260
PHT - StMarys						60,997	84,131
						140,415	135,391
7.Costs ofcharitable		activities		by	activity type
						2021	2020
						f	6
Activities undertaken			directly
PHT - Northern						79,418	51,260
PHT —St Marys						60,997	84,131
						140,415	135,391

nalysis ofsu	pport costs
		2021	2020
Governance	costs
Accountancy	fees	5,755	8,935
Audit fees		5,800	6,500
Legal fees		716
		12,271	15,435

This isstated	after char	ging/(crediTing):
			2021	2020
Depreciation	ofowned	fixed assets	7,560
Depreciation	ofassets	held under hire purchase agreements	175
Accountancy	fees		5,755	8,935
Audit fees			5,800	6,500

19,290	16,392
2021	2020
E
182,385	209,392
13,492	18,247
3,242	4,517
199,119	232,156

	Land	Fixtures and	Computer
Cost orvaluation	and	fittings		Total
	buildings	6	equipment	6
At 01 April 2020	610,000	67,154	26,673	903,627
Revaluation in the year	(5,000)			(5,000)
At 31 March 2021	805,000	67,154	26,673	898,827
Depreciation
At 01 April 2020	6,460	36,911	26,144	69,535
Charge foryear	6,460	7,560	175	14,215
Impairment Revaluation	(2,560)			(2,560)
At 31 March 2021	10,400	44,471	26,319	81,190
Net book values
At 31March 2021	794,600	22,682	354	817,637
At 31 March 2020
	803,520	30,243	529	834,292

			2021	2020
Amounts due within one year:
Trade debtors			20,682	55,638
Prepayments	and accrued Income			102,236
Other debtors
Amount recoverable		on contracts	8,493	8,493
			29,175	166,367

	2021	2020
Loans and overdraits	56,294	50,460
Trade creditors	14,161	12,137
Other creditors
VAT	15,877	3,078
Other creditors	28.443	34,974
Accruals and deferred income	30,532	45,311
	145,307	145,960

20.Movemsnt	20.Movemsnt	in	funds
Unrestricted			Funds
					Balance at	incoming	Outgoing	Balance at
					01 April 2020	resources	resources	31 March 2021
General					1,608,286	409,488	(333,575)	1,684,199
					1,608,286	409,488	(333,575)	1,684,199
Unrestricted	Funds - Previous year
					Balance at	Incoming	Outgoing	Balance at
					01 April 2019	resources	resources	31 March 2020
General					1,689,064	328,087	(408,865)	1,608,256
					1,689,084	328,087	(408,865)	1,608,286
Restricted Funds
				Balance at	Incoming	Outgoing	Transfers	Balance at
				01 April	resources	resources		31 March
				2020				2021
				r
Champions Forum				11,600				11,600
Chances ForChange				(150)				(150)
Fitness Champions				5,114				5,114
Funds held for	NRA			12				12
Gardening C4C				4,477				4,477
Health Promotion				1,534				1,534
High Street				3,883				3,883
RenewslAward
Peoples Health				79,124	40,000	(79,418)		39,706
TrustNortham
Peoples Health TrustSt Mary's				48,850	28,000	(60,997)		15,853
Priory Road				(240)				(240)
				154,204	68,000	(140,415)		81,789

Restricted Funds -Previous year
	Balance at	incoming	Outgoing	Transfers	Balance at
	01 April	resources	resources		31 March
	2019				2020
	6
Champions Forum	11,600				11,600
Chances Forchange	(150)				(150)
CoastalCommunities	(12,641)			12,641
Fitness Champions	5,364		(250)		5,114
Funds held for NRA	12				12
Gardening C4C	4,477				4,477
Health Promotion	1,534				1,534
High Street	3,883				3,883
RenewalAward
Peoples Health	29,536	113,280	(51,261 )	(12,431)	79,124
TrustNortham
Peoples Health	23,314	109,876	(84,130)	(210)	48,850
TrustSt Mary' s
Priory Road	(240)				(240)
	SS,689	221,450	(135,641)		154,204

		West Itchen Community	Trust	Limited
		Detailed Statement of Financial		Activities	2021	2020
		For the year ended 31	March 2021			E
INCOME AND ENDOWMENT
Charitable activities
Income from charitable	activiyies - PHT				40,000	111,574
Northern(PHT - Northern)
Income from charitable	activiTies (PHT-				28,000	109,876
StMarys)
					68,000	221,450
Other trading activities
JRS Grant					71,172
NDRR Grants					5,239
Income from Property Rental Income					232,940	324,069
Income from Property Service Charges						3,994
State Aid Grants					100,137
					409.488	328,063
Investments
Bank interest receivable						24
						24
Total incoming resources					477,488	549,537
EXPENDITDRE
Raising donations and legacies
Legacies						(250)
						(250)
Other trading activities
Rates and Water					1,457	(15,247)
Insurance					(10,311)	(5,261)
Light and Heat					(18,178)	(17,931)
Telephone					(14,348)	(2,011)
IT and Software costs					(5,265)	(13,201)
Advertising					(895)
Sundries					(40)	(3,543)
Depreciation - Fixtures and Fittings					(7,560)	(694)
Depreciation-Computer	Equipment				(175)	(263)
Amortlsation -leasehold	property				(6,480)	(6,480)
Service Charge					(4,943)	(28,224)
Repairs and Maintenance					(27,505)	(14,435)
Training &Development						(1,500)
Photocopier Rental					(1,040)	(4,466)
Bad debts					(24,634)

Property Rent			(12,755)	(4,925)
Finance - Bank Charges			(1,129)	(4,990)
Finance - Mortgage Interest			(62,932)	(69,961)
Professional Fees			(4,745)	(21,492)
Properly; Staff communications				(160)
Resource Managemenh	Travel &development			(395)
Community Support Costs				(839)
Office Supplies			(984)	(3,865)
			(202,462)	(219,883)
Charitable activities
Costofdirect charitable	activity	-PHT Northern	(39,742)	(37,619)
(PHT- Northern)
Staffcosts - wages &salaries		(PHT - Northern)	(39,677)	(13,641)
Costofdirect charitable	activity	- PHT St	(20,397)	(39,164)
Marys(PHT - St Marys)
Staffcosts - wages & salaries		(PHT -St Marys)	(40,599)	(44,967)
			(140,415)	(135,391)
Other
Wages			(102,109)	(150,783)
Social Security			(13,492)	(18,247)
Pensions			(3,241)	(4,517)
			(118,842)	(173,547)
SUPPORT COSTS
Governance costs
Accountancy fees			(5,755)	(8,935)
Audit fees			(5,800)	(6,500)
Legal fees			(716)
			(12,271)	(15,435)
Total resources expended			(473,990)	(544,506)
Net Income			3,498	5,031