2021-03-31-accounts

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Bowes Park Community Association Charity No 1140433
Company No 7483426
Annual accounts for the period
Period end
Period start date To
01.04.2020 date 31.03.2021
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Section A Statement of financial activities (including summary income and expenditure account)

Expenditure (Note 6) Expenditure on: Tax payable Net gains/(losses) on investments Extraordinary items Other gains/(losses) *Reconciliation of* *funds:* *Total funds carried forward* *Total* Net income/(expenditure) after tax before investment gains/(losses) Net income/(expenditure) Transfers between funds Charitable activities Total funds brought forward *Net movement in funds* Other recognised gains/(losses): Net income/(expenditure) before tax for the reporting period Gains and losses on revaluation of fixed assets for the charity’s own use Charitable activities Donations and legacies *Total* Recommended categories by activity Raising funds Other Income (Note 3) Income and endowments from:	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ 600,257 - - 600,257 4,653 - - - 1,694
	600,257 - - 600,257 6,347
	400 - - 400 3,131 540,812 - - 540,812 2,958 2,566 - - 2,566 2,624
	543,778 - - 543,778 8,713

	56,480 - - 56,480 2,366 -
	- - - - -
	56,480 - - 56,480 2,366 -
	- - - - -
	56,480 - - 56,480 2,366 -
	- - - - - - - - - - - - - - - - - - -
	56,480 - - 56,480 2,366 -
	15,310 - - 15,310 17,676
	71,790 - - 71,790 15,310

Charity No 1140433 Company No 7483426

Bowes Park Community Association

Section B Balance sheet

Unrestricted funds £ - - - -	Restricted income funds £ - - - -	Endowment funds Total this year £ £ - - - - - - - -	Total last year £
			- - - -
-	-	- -	-
22,476 8,628 - 40,686	- - - -	- 22,476 - 8,628 - - - 40,686
			- - - 15,310
71,790	-	- 71,790	15,310
			-
-	-	- -

71,790	-	- 71,790	15,310

71,790	-	-71,790	15,310
			- -
- -	- -	- - - -

71,790	-	- 71,790	15,310
- 71,790	-	- - - 71,790 -	- -
71,790	-	- 71,790	-

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

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 complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signature of director authenticating accounts being sent to Companies House Signed by one or two trustees/directors on behalf of all the trustees/directors	Date of approval dd/mm/yyyy Date dd/mm/yyyy Print name Signature Print Name

Section C Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities • and with  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with  the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*



-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support Not applicable the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

Yes  * -Tick as appropriate No

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes  * -Tick as appropriate No

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). Yes  * -Tick as appropriate No

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING

Please provide a description of the nature of each change No changes made in accounting policy

Section C Notes to the accounts (cont)

Recognition of income
2.2 INCOME
Donated goods
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).
Volunteer help
The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
Donated services and
facilities
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
Support costs
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets
in the estate and any conditions attached to the legacy are either within the control of
the charity or have been met.
The charity has incurred expenditure on support costs.
Contractual income and
performance related
grants
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
Offsetting
Grants and donations
Note 2 Accounting policies
Government grants
The charity has received government grants in the reporting period
Legacies
Tax reclaims on
donations and gifts
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that
gift and is treated as an addition to the same fund as the initial donation unless the
donor or the terms of the appeal have specified otherwise.
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
 it is more likely than not that the trustees will receive the resources;
 the monetary value can be measured with sufficient reliability.
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).

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Grants with performance
conditions
2.4 ASSETS
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot
be measured reliably in which case it is measured at cost less impairment.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Governance and support
costs
Creditors
Redundancy cost
The charity made no redundancy payments during the reporting period.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.
Investment gains and
losses
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Settlement of insurance
claims
Income from membership
subscriptions
Income from interest,
royalties and dividends
Heritage assets
Investments
Deferred income
No material item of deferred income has been included in the accounts.
Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
Basic financial
instruments
They are valued at cost.
Tangible fixed assets for
use by charity
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
Grants payable without
performance conditions
The depreciation rates and methods used are disclosed in note 14.
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
Intangible fixed assets
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
2.3 EXPENDITURE AND LIABILITIES
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs
11.17 to 11.19, FRS102 SORP.
The charity has creditors which are measured at settlement amounts less any trade
discounts
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through
custody or legal rights. The amortisation rates and methods used are disclosed in
note 15.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.

The charity has investments which it holds for resale or pending their sale and cash
and cash equivalents with a maturity date less than one year. These include cash on
deposit and cash equivalents with a maturity of loss than one year held for investment
purposes rather than to meet short-term cash commitments as they fall due.
Current asset
investments
Stocks and work in
progress
Debtors
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
They are valued at fair value except where they qualify as basic financial instruments.
Stocks held for sale as part of non-charitable trade are measured at the lower or cost
or net realisable value.
Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock.
Debtors (including trade debtors and loans receivable) are measured on initial
recognition at settlement amount after any trade discounts or amount advanced by the
charity. Subsequently, they are measured at the cash or other consideration expected
to be received.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on
the contract.

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Section C Notes to the accounts (cont)

Note 3 Income

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Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts 55,677 - - 55,677 2,573
and legacies: Gift Aid - - - -
Legacies - - - - -
General grants provided by government/other
27,460 - - 27,460 1,000
charities
Membership subscriptions and sponsorships
1,994 - - 1,994 1,080
which are in substance donations
Donated goods, facilities and services 515,126 - - 515,126 -
Other - - - -
Total 600,257 - - 600,257 4,653
Charitable Events income
activities: - - - - 1,694
Total - - - - 1,694
TOTAL INCOME 600,257 - - 600,257 6,347
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Section C Notes to the accounts (cont)

Note 4 Analysis of receipts of government grants

Government grant 1 Government grant 2 Government grant 3 Government grant 1	This year £ 16,960 500 10,000 Total 27,460 Last year £ 1,000 Total 1,000 Description Haringey Council Description Haringey Council Charity Aid Foundation City of London

Section C Notes to the accounts (cont)

Note 5 Donated goods, facilities and services

		This year		Last year
		£		£
Seconded staff			-		-
Use of property			-		-
Other		515,126			-
		515,126			-
	This year		Last year
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services.	Average weekly value of food package provided to an average number of families attending the food bank extrapolated per annum	Not applicable

Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.	Unpaid volunteers assisting with packaging and distribution at the food bank	Not applicable

Section C Notes to the accounts (cont)

Note 6 Expenditure

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This year Last year
Restricted Restricted
Unrestricted income Endowment Total Unrestricte income Endowment
Analysis funds funds funds funds d funds funds funds Total funds
Expenditure on raising funds: £ £
Staging fundraising events 400 - - 400 3,131 - - 3,131
Total expenditure on raising funds 400 - - 400 3,131 - - 3,131
Expenditure on charitable activities:
Food Bank expenses
540,812 - - 540,812 - - -
Staged fundraising events
- - - - 2,579 - - 2,579
Donations to other charities
- - - - 379 - - 379
Total expenditure on charitable activities
540,812 - - 540,812 2,958 - - 2,958
Other
Administrative Expenses 2,566 - - 2,566 2,624 - - 2,624
Total other expenditure 2,566 - - 2,566 2,624 - - 2,624
TOTAL EXPENDITURE 543,778 - - 543,778 8,713 - - 8,713
Other information:
Analysis of expenditure on charitable activities
This year Last year
Activities Grant Activities Grant
Support Total this Support Total last
Activity or programme undertaken funding of undertaken funding of
Costs year Costs year
directly activities directly activities
£ £ £ £ £ £ £ £
Food Bank expenses 540,812 - - 540,812 - - - -
Staged fundraising events
- - - - 2,579 - - 2,579
Donations to other charities - - - - - 379 - 379
Total 540,812 - - 540,812 2,579 379 - 2,958
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Section C Notes to the accounts

(cont)

Note 10 Details of certain types of expenditure

Note 10.1 Fees for examination of the accounts

Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than independent examination	This year Last year £ £ - - - - - - - -

Section C Notes to the accounts (cont)

Note 18 Stocks

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

Charitable activities: *Opening* *Added in period* *Expensed in period* *Impaired* *Closing* Other trading activities: *Opening* *Added in period* *Expensed in period* *Impaired* *Closing* Other: *Opening* *Added in period* *Expensed in period* *Impaired* *Closing* Total this year *Total previous year*	For distribution For resale For distribution For resale £ £ £ £ £ - - - - - 31,916 - 515,126 - - - 28,432 - - 496,134 - - - - - - - 3,484 - 18,992 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Stock Donated goods Work in progress
	3,484 - 18,992 - -
	- - - - -

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

19.1 Analysis of debtors

Trade debtors Prepayments and accrued income Other debtors

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This year Last year
£ £
- -
599 -
8,029 -
Total 8,628 -
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Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Other Short term deposits Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date)	This year Last year £ £ - - - - 40,686 15,310 - - 40,686 15,310

Independent examlnerfs report to the trustees of Bowes Park Communlty Asso¢latlon I report to the trueS on my examination of the accounts of the Bowes Park Cornmunlty Association IBPCAI for the year ended 31 March 2021. Responslbllitles and ba51$ of report As the charity trustees of BPCA you are responslble for the preparation of the account5 in accordance with the requirements of the Charltles Act 20111.the ACVI. I report in respect of my examinatlon of the Trusys accounts carried out under sertlon 145 of the 2011 Art and in carrylng OLrt my examination I have followed all the applicable Directlons given by the Charity Commission under section 14515llbl of the Art. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connectlon wlth the examin?tion giving me cause to belleve that in any material respect. accounting records were not kept in SPect of the Trust as requlred by sectlon 130 of the Art; or 2. the a¢unt5 do not accord with those CordS. I have no concerns and have come across no other matters in connection with the examlnation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: Tom Gee Relevant professlonal quallfication or membership of professional bodie5: CIPFA Address.. Flat l Rosegate House, 3 Hef0rd Road. London, E3 2FQ Date: 2411212021

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Iiidependent Examiner s Report Report to the trustee81 members of Bowes Park Communty Association On accounts for th• yoar endod 31 March 2021 Charity no {If any) 1140433 Set out on pag•8 I report to the truste8s on my examination of the accK)unts of the above charity (Ihe Trusv) for the year ended 3110312021. Ro8ponslbllftl•• and As the charity trustee8 of the Trust, you are responsible for the preparation basis of rnport of the accounts in accordance with the requirements of the Charities Act 2011 nhe Acr). I report in ffjspeca of my examination of the Trust'8 accounts carried out under section 145 of the 2011 Act and in carying OLrt my examination, I have followed the applicable Th're¢tÉons given by the Charity Commission under seciion 145(5)(b) of the Act. I have Completed my examination. I confirm that no material matters have com8 to my attention (other than that disclosed below ') in connection with the examination vthich gives me cause to believe that in, any material respect.. accounting rerdS were not kept In accordance wlth sectlon 130 of the Act or the accounts do not accord with the accounting records Indopond•nt exami$ statsm•nt I have no concerns and have come across no other matters in connection with the examination to which attention shoukl be drawn in order to enable proper understanding of the accounts to be reached. . Please d81ete the words in the brackets if they do not apply. Slgnad: 24112r2021 Nam•: Tom Gee Relevant profoulonal qualificallon(s) or body (If any): CIPFA Addra•s: Flat 1 Rosegate House, 3 Hereford Road London E3 2FQ IER October 2018

Section B Disclosure Only complete if the examiner needs to highlight matters of concem (see CC32, Independent examination of Charity a¢¢ounts: directions and guidance for examiners). Give hern brlof detalls of any ltsms that the examlner wlshes to disclose. IER October 2018

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Section A Statement of financial activities (including summary income and expenditure account)

Section B Balance sheet

Note 1 Basis of preparation

1.1 Basis of accounting

1.2 Going concern

1.3 Change of accounting policy

1.4 Changes to accounting estimates

1.5 Material prior year errors

Section C Notes to the accounts (cont)

Note 2 Accounting policies

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING

Note 3 Income

Note 4 Analysis of receipts of government grants

Note 5 Donated goods, facilities and services

Section C Notes to the accounts (cont)

Note 6 Expenditure

Note 10 Details of certain types of expenditure

Note 10.1 Fees for examination of the accounts

Note 18 Stocks

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

19.1 Analysis of debtors

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

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