REGISTERED COMPANY NUMBER: 07309965 (England and Wales) REGISTERED CHARITY NUMBER: 1141324
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 July 2020
for
Darwin Hall Community Association
Tomkinson Teal Limited Hanover Court 5 Queen Street Lichfield Staffordshire WS13 6QD
Darwin Hall Community Association
Contents of the Financial Statements for the Year Ended 31 July 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 10 |
Darwin Hall Community Association (Registered number: 07309965)
Report of the Trustees
for the Year Ended 31 July 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To promote for the benefit of the inhabitants of the city of Lichfield and the neighbourhood together defined by boundaries of the civil parish without distinction of sex, race or political, religious or other opinions, by associating together with the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time with the object of improving conditions of life for the said inhabitants.
To establish, or secure the establishment of a community centre and to maintain the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these object.
To promote such other charitable purposes as may from time to time be determined.
STRATEGIC REPORT
Financial review
Going concern
In their assessment of going concern, the directors have considered the current and developing impact on the business as a result of the Covid-19 virus. The pandemic has had an immediate and significant impact on the company's operations. Social distancing requirements and restrictions on the numbers permitted to attend social events, have led to an instantaneous decrease in trading income. Although fundraising activities and income have been severely reduced in 2020, it is anticipated that as restrictions are eased these will return to their pre-pandemic levels in 2021.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07309965 (England and Wales)
Registered Charity number
1141324
Registered office
Heathcot Place Lichfield Staffordshire WS13 6RQ
Trustees
Mrs D F Baker Company Director (resigned 30.1.2020) Mr I M Eadie Company Director T V Finn Director (resigned 30.1.2020) Mrs S J Gilbert Company Director Councillor A F Smith Consultant Software Architect Mrs J Craven Manager
Page 1
Darwin Hall Community Association (Registered number: 07309965)
Report of the Trustees
for the Year Ended 31 July 2020
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Tomkinson Teal Limited Hanover Court 5 Queen Street Lichfield Staffordshire WS13 6QD
FINANCIAL POSITION
The balance sheet on Page 5 shows net assets of £32,238.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 8 December 2020 and signed on the board's behalf by:
Mr I M Eadie - Trustee
Page 2
Darwin Hall Community Association
Independent Examiner's Report to the Trustees of
Independent examiner's report to the trustees of Darwin Hall Community Association ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2020.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs Susanna Ault FCCA ACA Tomkinson Teal Limited Hanover Court 5 Queen Street Lichfield Staffordshire WS13 6QD
8 December 2020
Page 3
Darwin Hall Community Association
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 July 2020
| 2020 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 12,752 Other trading activities 2 15,669 Total 28,421 EXPENDITURE ON Raising funds Raising donations and legacies 3 23,449 23,449 Other 1,863 Total 25,312 NET INCOME/(EXPENDITURE) 3,109 RECONCILIATION OF FUNDS Total funds brought forward 29,129 TOTAL FUNDS CARRIED FORWARD 32,238 |
2019 Total funds £ 1,243 25,957 27,200 30,048 30,048 2,028 32,076 (4,876) 34,005 29,129 |
|---|---|
The notes form part of these financial statements
Page 4
Darwin Hall Community Association (Registered number: 07309965)
Balance Sheet
31 July 2020
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
2020 Total funds £ 16,194 3,636 14,472 18,108 (2,064) 16,044 32,238 32,238 32,238 32,238 |
2019 Total funds £ 18,057 8,028 5,537 13,565 (2,493) 11,072 29,129 29,129 29,129 29,129 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.
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The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 8 December 2020 and were signed on its behalf by:
I M Eadie - Trustee
The notes form part of these financial statements
Page 5
Darwin Hall Community Association
Notes to the Financial Statements
for the Year Ended 31 July 2020
1. ACCOUNTING POLICIES
Status of the company
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Darwin Hall Community Association is a private company registered in England and Wales limited by guarantee and does not have any share capital. The liability of the members is limited but shall not exceed £1. The company's registered number and registered office address can be found within the Report of the Trustees.
The company is a registered charity numbered 1141324.
The presentation currency of the financial statements is the Pound Sterling (£).
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Straight line over 25 years Plant and machinery - 25% on cost Fixtures and fittings - 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 6
continued...
Darwin Hall Community Association
Notes to the Financial Statements - continued
for the Year Ended 31 July 2020
2. OTHER TRADING ACTIVITIES
| Hall hire 3. RAISING DONATIONS AND LEGACIES Rates and water Insurance Light and heat Cleaning Repairs and renewals Office costs Bad debts Support costs 4. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2020 £ 15,669 2020 £ 2,377 888 3,151 8,725 4,778 660 1,820 1,050 23,449 2020 £ 1,863 |
2019 £ 25,957 2019 £ 2,249 888 3,305 12,767 6,216 616 2,470 1,537 30,048 2019 £ 2,028 |
|---|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2020 nor for the year ended 31 July 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2020 nor for the year ended 31 July 2019.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 1,243 |
| Other trading activities | 25,957 |
| Total | 27,200 |
| EXPENDITURE ON | |
| Raising funds | |
| Raising donations and legacies | 30,048 |
| 30,048 |
Other
2,028
continued...
Page 7
Darwin Hall Community Association
Notes to the Financial Statements - continued
for the Year Ended 31 July 2020
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 7. TANGIBLE FIXED ASSETS Freehold Plant and property machinery £ £ COST At 1 August 2019 and 31 July 2020 19,090 1,733 DEPRECIATION At 1 August 2019 3,215 1,585 Charge for year 763 105 At 31 July 2020 3,978 1,690 NET BOOK VALUE At 31 July 2020 15,112 43 At 31 July 2019 15,875 148 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments |
Unrestricted fund £ 32,076 (4,876) 34,005 29,129 Fixtures and fittings Totals £ £ 5,622 26,445 3,588 8,388 995 1,863 4,583 10,251 1,039 16,194 2,034 18,057 2020 2019 £ £ 3,110 7,443 526 585 3,636 8,028 |
|---|---|
continued...
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Darwin Hall Community Association
Notes to the Financial Statements - continued
for the Year Ended 31 July 2020
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| £ | £ | ||||
| Trade creditors | 629 | 1,947 | |||
| Accrued expenses | 1,435 | 546 | |||
| 2,064 | 2,493 | ||||
| 10. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At | 1.8.19 | in funds | 31.7.20 | ||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 29,129 | 3,109 | 32,238 | ||
| TOTAL FUNDS | 29,129 | 3,109 | 32,238 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 28,421 | (25,312) | 3,109 | ||
| TOTAL FUNDS | 28,421 | (25,312) | 3,109 |
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.8.18 | in funds | 31.7.19 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 34,005 |
(4,876) | 29,129 |
| TOTAL FUNDS 34,005 |
(4,876) | 29,129 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 27,200 |
(32,076) | (4,876) |
| TOTAL FUNDS 27,200 |
(32,076) | (4,876) |
continued...
Page 9
Darwin Hall Community Association
Notes to the Financial Statements - continued
for the Year Ended 31 July 2020
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.8.18 | in funds | 31.7.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 34,005 | (1,767) | 32,238 |
| TOTAL FUNDS | 34,005 | (1,767) | 32,238 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 55,621 | (57,388) | (1,767) |
| TOTAL FUNDS | 55,621 | (57,388) | (1,767) |
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2020.
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