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2021-03-31-accounts

Page
Legal and Administrative
Information
Report ofthe Trustees and Directors
Independent
Examiner's
Report on the Accounts.
Statement ofFinancial Activities 10
Balance Sheet
Notes forming
part ofthe Financial		 Statements 12

Status
Ashwood Church is a private company in England
and Wales limited by
guarantee with no share capital under section 30ofthe Companies Act.
Directors and Trustees Elaine Torr Chair
Simon Wright Company Secretary
Elaine Townsend
Gaye Locke
Registered Office 41 Crocus Street,
Kirkby-in-Ashfield,
Nottingham,
NG17 7DY.
Legal Advisors Brown Jacobson Solicitors,
Mowbray
House,
Castle Meadow
Road,
Nottingham,
NG2
1BJ.
Bankers Reliance Bank Ltd
Faith House
23-24 Lovat Lane
London EC3R8EB
Accountants Rocket Business Services Ltd,
18Barleydale Drive,
Trowell,
Nottingham,
NG9		 3QS.

2021 2021 2021 2020
Note Unrestricted Funds Restricted Funds Total Funds Total Funds
Incoming
resources
Incoming
resources from
generated
funds:
Donations
and gifts		 2a 137,760 37,811 175,571 212,953
Investment
income		 2b 1,081 1,081 1,731
Charitable
activities		 2c 1,110 1,110 5,855
Activities for generating funds 2d
Other incoming
resources		 2e 2,873 2,873 10,518
Total incoming
resources		 142 824 37811 180635 231057
Resources expended
Cha ritable activities 3a 110,090 15,004 125,094 137,408
Cost ofgenerating
funds		 3b 68 68 98
Governance
costs		 3c 3,827 3,827 4,918
Total resources expended 113985 15004 128989 142 424
Net Income (Deficit) for year 28 839 22 807 51646 88 633
Statement ofother recognised gains
Net movements
in funds		 for year 28,839 22,807 51,646 88,633
Transfers
between
funds		 -5
Revaluation
reserve		 14 230,000 230,000 230,000
Fund balances brought forward 252,079 183,703 435,782 347,149
Fund balances carried forward 280 913 436 515 717428 665 782
ASHWOOD CHURCH ASHWOOD CHURCH
BALANCE SHEET
31MARCH 2021
Note 2021 2021 2020 2020
Fixed Assets
Tangible Assets 220,800 225,400
Current
Assets
Cash at bank and in hand 6 471,933 408,730
Debtors 7 26 254 32 258
498,187 440,988
Creditors: amounts falling
due within
one year		 1,559 606
Net Current Assets 496 628 440 382
Creditors:
amounts		 falling
due after more than one year
Net Assets 717428 665 782
Funds
Restricted funds 4 206,515 183,703
Revaluation reserve 14 230,000 230,000
Unrestricted funds 280,913 252,079
Total Funds 717428 665 782

NOTES TO THE FINANCIAL NOTES TO THE FINANCIAL STATEM ENTS
FOR THE YEAR ENDED 31 MARCH 2021
2. Incoming. Resources 2021 2021 2021 2020
unrestricted funds restricted funds TOTAL TOTAL
a).Donations
and Gifts
General Gifts and Offerings 137,760 137,760 139,097
Development
Fund		 9,584 9,584 37,172
Building
Fund		 7,063 7,063 14,139
Foodbank 11,991 11,991 1,379
Queen's 90th birthday
Make Lunch
Kirkby Christmas
Festival (ADC)
Christmas
Appeal		 3,062 3,062 4,588
Coxmoor Grant 2,800 2,800 786
Community
Grants
Albania - Hutson
family
Links International 101 101 241
Malawi 7000 741
Hardship
Covid 19Relief		 3,210 3,210 313
Toddler Group (Seesaw) 1,939
ACR Merger 12,558
137760 37811 175571 212 953
b). Investment
Income
Bank interest 1,081 1,081 1,731
1081 1081 I 731
c).Charitable
Activities
Activities and Events 1,030 1,030 5,324
Course Income 80 80 531
1110 1110 5 855
d). Activities for Generating Funds
Events for Generating Funds
e).Other Incoming Resources
Other Income 2,873 2,873 8,229
Photocopier
Income
2 873 2 873 8 229

FOR THE FOR THE YEAR ENDED 31 YEAR ENDED 31 MARCH 2021 MARCH 2021
Resources
Expended		 2021 2021 2021 2020
unrestricted funds restricted funds TOTAL TOTAL
a).Charitable
Activities
Catering costs 22 22 1,892
Consumables
Equipment
purchases		 917 917 925
Equipment
costs
Activities and Events 20,349 20,349 28,605
People costs .143 143 98
Salary costs 66,161 66,161 57,455
Sundry
expenses
Restricted expenses 10,404 10,404 7,138
Training
costs		 2,031 2,031 4,778
Travel expenses 200 200 1,106
Venue and Hall Hire
Printing
costs		 2,599 2,599 2,974
3,383 3,383 1,806
Postage and Stationery 224 224 279
Centre Costs 14,061 14,061 25,751
Depreciation 4,600 4,600 4,600
110090 15004 125094 137408
b).Cost ofGenerating Funds
Literature
and Brochures		 68 68 98
68 68 98
c).Governance
Costs
Insurance
and subscriptions		 2,645 2,645 3,466
Legal and professional fees 432 432 732
Independent
examiners		 fees 750 750 720
3 827 3 827 4 918

4. Restricted Funds Balance General Balance
1stApril 2020 Income Expenditure Transfer 31stMarch 2021
Development
Fund		 153,927 9,584 1,128 162,383
Building
Fund		 30,371 7,063 0 37,434
Kirkby Christmas Festival (ADC) 0 0 0 0
Foodbank 1,738 11,991 3,032 10,697
Make Lunch 131 0 0 131
Christmas
Appeal		 0 3,062 3,010 57
Queen's 90th Birthday 0 0 0 0
Coxmoor Grant 191 2,800 1,344 1,647
Community
Grants		 0 0 0 0
Links International 241 101 342 0
Malawi 7000 818 0 0 818
Toddler Group (Seesaw) 573 0 128 445
ACR Merger 0 0 0 0
Hardship
'Covid 19Relief		 313 3,210 1,420 2,103
Ashwood
Community		 Resource Assets 225,400 0 4,600 220,800
413703 37811 15004 436515
5. Tangible Fixed Assets Fixtures 44k Freehold Total
Fittings Buildings
Cost
At I April 2021 3,500 226,500 230,000
Additions nil nil nil
At 31March 2020 3,500 226,500 230,000
Depreciation
At I April 2020 70 4,530 4,600
Charge for year 70 4,530 4,600
At 31March 2021 140 9,060 9,200
Net BookValue
At I April 2020 3,430 221,970 225,400
At 31March 2021 3+60 217,440 220,800
6. Cash at bank and in hand 2021 2020
TOTAL TOTAL
Current Account 23,462 10,308
Deposit Account 448,471 398,422
Petty Cash nil nil
471933 408 730
7. Debtors
Tax Recoverable 26,074 31,570
Sundry
Debtors		 180 688
26 254 32 258
8. Creditors: Amounts falling due within one year.
Independent
Examiners		 Fees Accrual 750 720
Taxation 809 -114
1559 606