Company registration number: 07555639 Charity registration number: 1141611
## Grappenhall Youth & Community Association
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2021
Hannah Murray FCCA 61 Falconers Green Westbrook Warrington Cheshire WA5 7XF
## **Grappenhall Youth & Community Association**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 17|
## **Grappenhall Youth & Community Association**
## **Reference and Administrative Details**
**Trustees** H R McManus M Biggin P Wenlock J Keay J Ashurst P McGladrigan **Secretary** Mrs Pauline McManus **Principal Office** Bellhouse Farm Bellhouse Lane Grappenhall Warrington Cheshire WA4 2SG **Company Registration Number** 07555639 **Charity Registration Number** 1141611 **Independent Examiner** Hannah Murray FCCA 61 Falconers Green Westbrook Warrington Cheshire WA5 7XF
Page 1
## **Grappenhall Youth & Community Association**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2021.
## **Report of the Trustees March 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, The Memorandum and Articles of Association, and constitutes a private company limited by guarantee.
## **Recruitment and appointment of new trustees**
Recruitment of new trustees is open and focused on creating a diverse and effective Board.
## **Induction and training of new trustees**
The board of current trustees will ensure that all new appointees are fully aware of their duties and responsibilities under the relevant law and regulations. All trustees are provided with a copy of the Charity Commission publication “The Essential Trustee – what you need to know”
## **Organisational structure**
The Grappenhall Youth and Community Association (GYCA) is home to a large number of User Groups using the Centre’s facilities including the Olde Barn, Studio, Gym and Committee Room.
## **Wider network**
The trustees wish to thank Grappenhall and Thelwall Parish Council for their assistance and involvement in the activities of the centre.
## **Related parties**
The Bellhouse Club Limited. The principle activity of the Bellhouse Club Limited is as a trading company operating a licensed bar. Trading activities are on behalf of the GYCA and all profits and gains are payable to the charity
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
a. To promote the benefit of the inhabitants of Grappenhall and the neighbourhood without distinction of sex or political, religious or other opinions by associating the local authorities, voluntary organisations and in habitants in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life of the said inhabitants.
b. To establish or secure the establishment of a community centre.
## **Significant activities**
Our centre continues to thrive and develop, and activities provided by the centre and various user groups continue to provide a valuable and varied benefit to the whole community. Over the past eight years we have dedicated time, money and effort into improving facilities particularly for young and older members of the community.
Page 2
## **Grappenhall Youth & Community Association**
## **Trustees' Report**
## **Volunteers**
Our centre, like many others in the area, is now suffering from a lack of volunteers. Except for a stalwart core of people, we find it is difficult to attract volunteers when there are so many other local organisations requiring similar resources.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable Activities**
During the past 12 months, we have suffered due to the effect of the Covid 19 Pandemic and local and National Shut Downs, this has resulted in all of our community activities being cancelled. Following the initial lock down in March 2020 certain activities were allowed to take place from July and pre school was allowed to open, initially for children of key workers.
Despite the fact we were closed we had to maintain a presence in the buildings to keep our insurances valid and the buildings safe. Most staff were fully furloughed although some had to be partially furloughed to carry out some caretaking duties.
## **Fundraising activities**
We have been unable to hold any such events in the past 12 months.
## **Achievements**
This year has ended very much the same as last year, with some challenging times still with us. One would have assumed that the Pandemic would be under control one year on, but this is not the case and we continue to work week on week under the guidelines in place at the time. This means that sometimes we are able to let rooms for activities for children, but no weddings, wakes, parties, large meetings etc.
## **IMPROVEMENTS**
Although the buildings have been closed for the majority of the past 12 months, we have used this time to carry out essential repairs, mainly to the Gents toilets and the Office. Both of which would have been very difficult to do had we been open.
## **FINANCIAL REVIEW**
## **Principle funding sources**
The principal funding source for the Association is normally the hire of the Community Centre rooms for private functions, business focused user groups and local clubs and groups heavily subsidised by income from the Bellhouse Club. This past year we have had Government Support in the form of Furlough for employees and Grants for hospitality venues.
These have enabled us to ‘keep our head above water’ and to keep all our staff, no one has been made redundant.
We were able to rent the large function room to a company carrying out ‘socially distanced training’ for personnel who would be used within community support and vulnerable adults, this has given us a much needed small income.
Page 3
## **Grappenhall Youth & Community Association**
## **Trustees' Report**
## **FUTURE DEVELOPMENTS**
Our main aim now is to bring the business through this dreadful time and out the other side so we can once again serve the local community.
## **Statement of Trustees' Responsibilities**
The trustees (who are also the directors of Grappenhall Youth & Community Association for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- 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 adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the trustees of the charity on 24 July 2021 and signed on its behalf by:
......................................... H R McManus Trustee
Page 4
## **Grappenhall Youth & Community Association**
## **Independent Examiner's Report to the trustees of Grappenhall Youth & Community Association**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2021 which are set out on pages 6 to 17.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees of Grappenhall Youth & Community Association (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 Grappenhall Youth & Community Association 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:
1. accounting records were not kept in respect of Grappenhall Youth & Community Association as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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.
...................................... Hannah Murray ACCA
61 Falconers Green Westbrook Warrington Cheshire WA5 7XF
24 July 2021
Page 5
## **Grappenhall Youth & Community Association**
## **Statement of Financial Activities for the Year Ended 31 March 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Investment income
5
Other income
6
Total income
**Expenditure on:**
Charitable activities
7
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
18
**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Investment income
5
Total income
**Expenditure on:**
Charitable activities
7
Total expenditure
Net expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
18|**Unrestricted**
**funds**
**£**
49,613
38,863
25
34,695
123,196
(110,241)
(110,241)
12,955
12,955
161,585
174,540
**Unrestricted**
**funds**
**£**
14,591
121,268
83
135,942
(138,479)
(138,479)
(2,537)
(2,537)
164,122
161,585|**Unrestricted**
**funds**
**£**
49,613
38,863
25
34,695||**Restricted**
**funds**
**£**
-
-
-
-||**Total**
**2021**
**£**
49,613
38,863
25
34,695|
|---|---|---|---|---|---|---|
|||123,196||-||123,196|
|||(110,241)||(3,636)||(113,877)|
|||(110,241)||(3,636)||(113,877)|
|||12,955||(3,636)||9,319|
|||12,955
161,585||(3,636)
29,092||9,319
190,677|
|||174,540||25,456||199,996|
|||||**Restricted**
**funds**
**£**
-
-
-
-
(3,636)
(3,636)
(3,636)
(3,636)
32,728
29,092||**Total**
**2020**
**£**
14,591
121,268
83|
|||||||135,942|
|||||||(142,115)|
|||||||(142,115)|
|||||||(6,173)|
|||||||(6,173)
196,850|
|||||||190,677|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 18.
The notes on pages 8 to 17 form an integral part of these financial statements. Page 6
## **Grappenhall Youth & Community Association**
## **(Registration number: 07555639) Balance Sheet as at 31 March 2021**
|**Note**
**Fixed assets**
Tangible assets
14
**Current assets**
Debtors
15
Cash at bank and in hand
16
**Creditors: Amounts falling due within one year**
17
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
18|**2021**
**£**
101,600
47,744
54,922
102,666
(4,270)
98,396
199,996
25,456
174,540
199,996|**2020**
**£**
116,524
26,978
52,972|
|---|---|---|
|||79,950
(5,797)|
|||74,153|
|||190,677|
|||29,092
161,585|
|||190,677|
For the financial year ending 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 6 to 17 were approved by the trustees, and authorised for issue on 24 July 2021 and signed on their behalf by:
......................................... H R McManus Trustee
The notes on pages 8 to 17 form an integral part of these financial statements. Page 7
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **1 Charity status**
The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
The address of its registered office is: Bellhouse Farm Bellhouse Lane Grappenhall Warrington Cheshire WA4 2SG
These financial statements were authorised for issue by the trustees on 24 July 2021.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Grappenhall Youth & Community Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Page 8
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Donations and legacies**_
Donations are recognised when there is evidence of entitlement to the gift, receipt is probable and its amounts can be measured reliably.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Page 9
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £10.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
**Asset class Depreciation method and rate** Long leasehold straight line basis over 17 years Plant and machinery 25% reducing balance basis
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Page 10
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **Borrowings**
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **3 Income from donations and legacies**
|Grants, including capital grants;
Government grants
Grants from other agencies
Regular giving and capital donations
**Total for 2021**
**Total for 2020**|**Unrestricted**
**funds**
**General**
**£**
43,264
5,000
1,349
49,613
14,591|**Total**
**funds**
**£**
43,264
5,000
1,349|
|---|---|---|
|||49,613|
|||14,591|
## **4 Income from charitable activities**
|Catering income
Room hire
Licence fees
**Total for 2021**
**Total for 2020**|**Unrestricted**
**funds**
**General**
**£**
710
29,903
8,250
38,863
121,268|**Total**
**funds**
**£**
710
29,903
8,250|
|---|---|---|
|||38,863|
|||121,268|
Page 11
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **5 Investment income**
|Interest receivable and similar income;
Interest receivable on bank deposits
**Total for 2021**
**Total for 2020**|**Unrestricted**
**funds**
**General**
**£**
25
25
83|**Total**
**funds**
**£**
25|
|---|---|---|
|||25|
|||83|
## **6 Other income**
|Furlough money received|**Unrestricted**
**funds**
**General**
**£**
34,695|**Total**
**2021**
**£**
34,695|
|---|---|---|
|||**Total**
**funds**
**£**|
## **7 Expenditure on charitable activities**
|**Note**
GYCA
Allocated support costs
8
Governance costs
8
**Total for 2021**
**Total for 2020**|**Unrestricted**
**funds**
**General**
**£**
547
56,316
53,378
110,241
138,479|**Restricted**
**funds**
**£**
-
3,636
-
3,636
3,636|**Total**
**funds**
**£**
547
59,952
53,378|
|---|---|---|---|
||||113,877|
||||142,115|
||||**Total**
**expenditure**
**£**|
In addition to the expenditure analysed above, there are also governance costs of £53,378 (2020 - £54,534) which relate directly to charitable activities. See note 8 for further details.
Page 12
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **8 Analysis of governance and support costs**
## **Support costs allocated to raising funds**
|GYCA
**Total for 2021**
**Total for 2020**
GYCA
**Total for 2021**
**Total for 2020**|**Information**
**technology**
**£**
**Administration**
**costs**
**£**
**Premises**
**costs**
**including**
**depreciation**
**£**
2,490
2,069
49,090
2,490
2,069
49,090
3,290
3,751
51,623|**Other**
**support**
**costs**
**£**
6,303|
|---|---|---|
|||6,303|
|||24,464|
|||**Total**
**funds**
**£**
59,952|
|||59,952|
|||83,128|
## **Basis of allocation**
## **Governance costs**
|Staff costs
Wages and salaries
Social security costs
Independent examiner fees
Examination of the financial statements
**Total for 2021**
**Total for 2020**|**Unrestricted**
**funds**
**General**
**£**
52,023
755
600
53,378
54,534|**Total**
**funds**
**£**
52,023
755
600|
|---|---|---|
|||53,378|
|||54,534|
## **9 Net incoming/outgoing resources**
Net incoming/(outgoing) resources for the year include:
Page 13
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
|Depreciation of fixed assets|**2021**
**£**
16,139|**2020**
**£**
18,442|
|---|---|---|
## **10 Trustees remuneration and expenses**
## **11 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs|**2021**
**£**
52,023
755
52,778|**2020**
**£**
52,122
1,812|
|---|---|---|
|||53,934|
The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:
||**2021**||**2020**||
|---|---|---|---|---|
||**No**||**No**||
|Admin||2||2|
No employee received emoluments of more than £60,000 during the year.
Pauline McManus the spouse of Hugh McManus who is a trustee received £32,808 remuneration during the year ended 31 March 2021.
## **12 Independent examiner's remuneration**
|||**2021**||**2020**||
|---|---|---|---|---|---|
|||**£**||**£**||
|Examination|of the financial statements||600||600|
Page 14
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **13 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **14 Tangible fixed assets**
|**Cost**
At 1 April 2020
Additions
At 31 March 2021
**Depreciation**
At 1 April 2020
Charge for the year
At 31 March 2021
**Net book value**
At 31 March 2021
At 31 March 2020
**15 Debtors**
Trade debtors
Prepayments
VAT recoverable
Other debtors
**16 Cash and cash equivalents**
Cash on hand
Cash at bank|**Land and**
**buildings**
**£**
193,988
-||**Other**
**tangible fixed**
**asset**
**£**
56,682
1,216
57,898
44,471
3,357
47,828
10,070
12,211
**2021**
**£**
-
-
1,106
46,638
47,744
**2021**
**£**
87
54,835
54,922|**Other**
**tangible fixed**
**asset**
**£**
56,682
1,216
57,898
44,471
3,357
47,828
10,070
12,211
**2021**
**£**
-
-
1,106
46,638
47,744
**2021**
**£**
87
54,835
54,922|**Total**
**£**
250,670
1,216
251,886
134,146
16,140
150,286
101,600
116,524
**2020**
**£**
193
148
-
26,637|
|---|---|---|---|---|---|
||193,988||57,898|||
||89,675
12,783||44,471
3,357|||
||102,458||47,828|||
||91,530||10,070|||
||104,313||12,211|||
||||**2021**
**£**
-
-
1,106
46,638
47,744
**2021**
**£**
87
54,835
54,922|||
||||||26,978|
||||||**2020**
**£**
275
52,697|
||||||52,972|
Page 15
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **17 Creditors: amounts falling due within one year**
|**17 Creditors: amounts falling due within one year**|||
|---|---|---|
|Trade creditors
Other taxation and social security
Accruals|**2021**
**£**
2,062
1,097
1,111
4,270|**2020**
**£**
2,067
1,409
2,321|
|||5,797|
## **18 Funds**
|**Unrestricted funds**
General
**Restricted funds**
**Total funds**
**Unrestricted funds**
General
**Restricted funds**
**Total funds**|**Balance at 1**
**April 2020**
**£**
161,585
29,092
190,677
**Balance at 1**
**April 2019**
**£**
164,122
32,728
196,850|**Incoming**
**resources**
**£**
123,196
-
123,196
**Incoming**
**resources**
**£**
135,942
-
135,942|**Resources**
**expended**
**£**
(110,241)
(3,636)
(113,877)
**Resources**
**expended**
**£**
(138,479)
(3,636)
(142,115)|**Balance at 31**
**March 2021**
**£**
174,540
25,456|
|---|---|---|---|---|
|||||199,996|
|||||**Balance at 31**
**March 2020**
**£**
161,585
29,092|
|||||190,677|
## **19 Analysis of net assets between funds**
|**19 Analysis of net assets between funds**||||
|---|---|---|---|
|Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
76,144
102,666
(4,270)
174,540|**Restricted**
**funds**
**£**
25,456
-
-
25,456|**Total funds**
**at 31 March**
**2021**
**£**
101,600
102,666
(4,270)|
||||199,996|
Page 16
## **Grappenhall Youth & Community Association**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
87,432
79,950
(5,797)
161,585|**Restricted**
**funds**
**£**
29,092
-
-
29,092|**Total funds**
**at 31 March**
**2020**
**£**
116,524
79,950
(5,797)|
|---|---|---|---|
||||190,677|
## **20 Related party transactions**
The Bellhouse Club is an associated company, established as a commercial trading company to procure profits and gains for the purpose of paying them to the charity company. Under the terms of the licence agreement The Bellhouse Club pays a licence fee to Grappenhall Youth and Community Association for the use of the community centre. The licence fee charged during the year is normally £33,000, however due to Covid19 this was reduced to £8,250. As at 31 March 2021 £46,637 was owed by The Bellhouse Club to the GYCA.
Page 17
## **Grappenhall Youth & Community Association**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021**
|**Income and Endowments from:**
Donations and legacies (analysed below)
Charitable activities (analysed below)
Investment income (analysed below)
Other income (analysed below)
Total income
**Expenditure on:**
Charitable activities (analysed below)
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**2021**
**£**
49,613
38,863
25
34,695
123,196
(113,877)
(113,877)
9,319
9,319
190,677
199,996|**Total**
**2020**
**£**
14,591
121,268
83
-|
|---|---|---|
|||135,942|
|||(142,115)|
|||(142,115)|
|||(6,173)|
|||(6,173)
196,850|
|||190,677|
This page does not form part of the statutory financial statements. Page 18
## **Grappenhall Youth & Community Association**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021**
|**_Donations and legacies_**
Donations
UK Government grants
Grants - other agencies
**_Charitable activities_**
Ancillary trades
Catering income
Room hire
Event sales
Licence fees
**_Investment income_**
Interest on cash deposits
**_Other income_**
Other income
**_Charitable activities_**
Fundraising costs
Ancillary hire
Charitable donations
Rates
Light, heat and power
Insurance
Repairs and maintenance
Telephone and fax
Computer software and maintenance costs
Printing, postage and stationery
Hire of plant and machinery (Spot hire)
Sundry expenses
Cleaning
Travel and subsistence
Advertising
Legal and professional fees
Bank charges|**Total**
**2021**
**£**
1,349
43,264
5,000
49,613
-
710
29,903
-
8,250
38,863
25
25
34,695
34,695
(547)
-
-
(1,083)
(9,364)
(4,983)
(17,521)
(581)
(2,490)
(332)
(603)
(1,094)
(5,172)
(140)
(62)
(388)
-|**Total**
**2020**
**£**
14,591
-
-|
|---|---|---|
|||14,591|
|||2,598
4,339
76,374
4,957
33,000|
|||121,268|
|||83|
|||83|
|||-|
|||-|
|||(3,227)
(1,226)
(30)
(3,713)
(16,547)
(4,913)
(8,008)
(1,139)
(3,290)
(595)
(609)
(1,021)
(20,318)
(1,585)
(996)
(1,921)
(1)|
This page does not form part of the statutory financial statements. Page 19
## **Grappenhall Youth & Community Association**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021**
|Depreciation
Depreciation
Wages and salaries
Staff NIC (Employers)
Accountancy fees|**Total**
**2021**
**£**
(3,636)
(12,503)
(52,023)
(755)
(600)
(113,877)|**Total**
**2020**
**£**
(3,636)
(14,806)
(52,122)
(1,812)
(600)|
|---|---|---|
|||(142,115)|
This page does not form part of the statutory financial statements. Page 20