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2021-12-31-accounts

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED

(A Company Limited by Guarantee)

Financial Statements 31 December 2021

Registered Company Number: 07461119 Registered Charity Number: 1142636

1

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Financial Statements for the Year Ended 31 December 2021

CONTENTS PAGE

Page
Legal and Administrative information 3
Trustees’ report 4 – 9
Independent Examiners’ report 10 - 11
Statement of financial activities 12
Balance sheet 13
Notes 14 – 21

2

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED

Legal and Administrative Information 31 December 2021

COMPANY REGISTERED NUMBER: 07461119 CHARITY REGISTERED NUMBER: 1142636 TRUSTEES / DIRECTORS: Lisa Mytton Lucy Holmes Eloise Tuck Toby Bicknell Phillippa Smith – resigned 21 July 2021 REGISTERED ADDRESS: Old Boat Corner Community Centre Carden Park Carden Hill Brighton East Sussex BN1 8GN BANKERS: RBS 60 Castle Square Brighton BN1 1DX INDEPENDENT EXAMINER: Rachel Balchin FCA Bulldog Accounting Ltd 12 Brogdale Place Faversham Kent ME13 0AF

3

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED

Trustees Annual Report and Accounts 31 December 2021 ORGANISATIONAL STRUCTURE AND MANAGEMENT

The Old Boat Corner Community Association is a charitable company limited by guarantee: it was incorporated on 6th December 2010 and registered as a charity on 29[th] June 2011. It was established under a Memorandum of Association, which describes the objects and powers of the charitable company; it is governed under its Articles of Association. Under those Articles, the Trustees are elected from amongst the membership of the Association at the Annual General Meeting.

Trustees

The following trustees remain unchanged from 2020 and were re/elected at the Annual General Meeting on July 20[th ] 2021.

Lisa Mytton Toby Bicknell Lucy Holmes Eloise Tuck

The above are all Trustees and Company Directors.

Governance and decision making

Voluntary and not-for-profit associations and organisations which wish to support or further the aims of the Association may become affiliated groups on payment of an annual fee. Affiliated groups may nominate a representative to vote at general meetings.

The Trustees of the Association share the overall management of the Association and form the Management Committee which meets monthly and oversees the running of the centre. The Centre Manager, Reyna Kothari is charged with day to day running and decision making of the centre with guidance set by Trustees.

The duties and responsibilities of Trustees are explained to candidates before the elections at the AGM. The first Management Committee meeting after the AGM is largely taken up by an induction session for newly elected Trustees. Management Committee members are encouraged to attend appropriate training provided by local organisations and to refer to appropriate sources of information, in particular the Charities Commission website.

OBJECTIVES AND ACTIVITIES

Objects

The principal activity of the company and its charitable objects is that of: promoting the benefit of the inhabitants of the local area (Patcham Ward and Stanmer and Hollingbury Ward) by associating together the said inhabitants, the local authority, 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 occupation with the object of improving the conditions of life for the said inhabitants; establishing a community centre and maintaining and managing the same in furtherance of the above objects.

4

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Trustees Annual Report and Accounts 31 December 2021 (continued)

How Old Boat Corner Community Association’s activities deliver public benefit The main activity of the OBCCA is the management of Old Boat Corner Community Centre which provides facilities and amenities to the public which would not otherwise be available in the local area. As described in the following section on its activities, the Centre is well used by community groups and local residents.

RISK REVIEW

The Trustees have conducted their own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and events and to ensure consistent quality of delivery for all operational aspects of the charity. These procedures are reviewed periodically to ensure that they still meet the needs of the charity.

Challenges in 2021

The Covid 19 Pandemic continued to affect the running of the centre throughout 2021, particularly the first half of the year. The centre was closed to the public for the first quarter and then slowly reopened in line with government guidance. From September the centre was fully open and thriving.

Besides the day to day and financial effect of the centre being closed and partially open, it has also made planning and budgeting for the coming year difficult and many estimations have needed to be made.

Centre Manager and Staff

The introduction of centre manager, Reyna Kothari in the later part of 2020 has enabled the centre to go from strength to strength through the year. We have seen positive outcomes of having a centre manager across many areas in the centre. Staff and volunteers have felt supported and have become more confident in their roles, training has been delivered and a strong sense of ‘ a team’ has grown. Procedures and policies which were dated or not in place have been made relevant and communicated to all.

In addition the presence of a manger in the centre has had many benefits. Networking opportunities, partnerships and interest in hiring the centre has all increased. The community are treating the centre as a safe and enjoyable space to come to and this is encouraged by having familiar regular staff in place.

Reyna has been able to move forward on projects much quicker and more successfully by first hand seeing the need and how people use the centre. Having her in place has meant less opportunities are missed out on and more new opportunities identified.

The centre manager oversees 10 staff as of the end of 2021. These staff work largely in the cafe and also support volunteers to run our community programmes: Boatopia, Community Pantry and our Soft Play and play cafe.

5

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Trustees Annual Report and Accounts 31 December 2021 (continued)

We consider that appointing a centre manager has been fundamental to the success of this year and have increased the role to full time hours from the beginning of 2022.

Achievements in 2021

Although a second difficult year for all, we remain proud to have been able to support members of the community throughout. The centre has grown from strength to strength and provides services and opportunities to people throughout our diverse community.

The increase in support for the community through projects such as an expanding community pantry and the introduction of Boatopia (charity shop) has been a huge success and valued by all. We have also increased what we offer to children with various activities including soft play, play trays and a homework club.

The cafe has grown significantly with an updated menu and a refit which together have made the cafe more welcoming with a high quality produce whilst remaining affordable. Financially the turn around from the cafe has been incredible and a huge achievement of 2021.

We have had our back kitchen fitted into a professional kitchen to enable us to grow community food projects in 2022.

Despite closures and different levels of opening due to government restrictions financially the centre has thrived and been supported with several grants to help from Covid 19 difficulties. The end of year finances puts us in a strong position to thrive in 2022 and offer more services and opportunities.

We deem our biggest achievement of 2021 to be the increased popularity and the high numbers of visitors we get each week. To hear that people are enjoying the centre, feeling supporting by the services and to see it bustling with activities and people is the biggest reward for all of us.

Activities

Various groups used the centre in 2021 and these are as follows:

5th Patcham Brownies and Guides B-RIGHT-ON Basketball Brighton Electors Brighton Guide Depot Carden Tots Childminders Group Edge Girlguiding Sussex Hollingbury Library Little Learners Out of the Box PW Performers

6

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Trustees Annual Report and Accounts 31 December 2021 (continued)

Sama Karate Sparks Basketball Tumble Tots Drop in Soft Play Dragon Head Fencing

Hollingbury library reopened during the year and ended the year fully opened. A new lease has been signed and the library will remain a part of the centre through 2022.

The café was opened to different levels through the first half of the year due to varying government restrictions but had a strong second half to the year, fully open and thriving. It is open consistently seven days a week 9am - 5pm

FINANCIAL REVIEW

The financial statements are set out on pages 9 to 16. 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).

Overview

The year ended 31st December 2021 saw a substantial increase in both income and expenditure at the charity, reflecting a busy year. Total income of £144,724 (2020: £89,613) was received, including a substantial increase in revenue from lettings and room hire, resulting from the centre being open for a much greater proportion of 2021. There was also a significant increase in expenditure, with £129,193 being spent in year (2020: £59,711). This reflects the increased investment in the centre, with substantial refurbishment works taking place during the year in the kitchen and Café space. Overall, the charity recorded net income over expenditure of £15,531 (2020: £29,902) of which, after transfers, there was £1,529 net income over expenditure in restricted funds, and £14,002 of net income over expenditure in unrestricted funds.

The Charity received a total of £38,468 in respect of the pandemic (2020: £44,969), through a combination of business rate support from Brighton and Hove Council, and the Job Retention Scheme.

Restricted income received during the year comprised £2,000 from the Healthy Hollingbury Fund, of which £827 was distributed in grants during the period, and restricted donations for the Community Garden and Kitchen project. A further £5,000 was received from Brighton and Hove Council for the charity to distribute to households struggling as a result of COVID19.

Total funds carried forward are £58,074 (2020: £42,543) of which £8,584 is restricted and £49,490 is unrestricted.

7

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Trustees Annual Report and Accounts 31 December 2021 (continued)

PLANS FOR THE FUTURE

Plans on how to take the Centre forward include the following:

• Funding

Community projects

Building on the success of our community projects in 2021 we hope to increase and continue those already in place. We also want to focus on

8

Re￿$[c[¢d Chartty NwnE¢r." 1142636 R¢gisteted CompaDy Numbcr. 07461119 OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Trustees Annual Report and Accounts 31 December 2021 {continued) STATEMENT OF TRUSTEES RESPOliSIBILITIES The Trustees are responsible for preparing the financial statements in accordance with applicable law and United Kmgdom Generally Accepted Accounting Prdctice. Company law requires the Tn￿teeS to prepare financial statements foT each financial year, which give a true and fair view of the state of the affairs of the company and of the results of the company for that period. In preparing these financial statements. the Trustees are required to select suitable accounting policies and then apply ihem consistently. make Judgements and estimas that are reasonable and pNdcni; ' Prepare thc financial statements on the going conccrn b￿lS unless it is not appropriate to presume ihat the company will conlinue in busincss. The Trustees are r¢5ponsible for maintaining proper accounting records which disclose with rcasonablc accuracy at any time th¢ financial p)sition of the charitable company and enables them to ensure that the financial staments ￿mplY with the Companies Act 2006. They are also responsible for safeguarding the a￿ets of the ch8ritable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has becn prepared in accordance with the Siatement of Recommended Praclice Accoiiniing and Reporttng by Charities and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by the Trustees on Wednasday 23rd March 2022 and signed on their behalf by.. Lucy Holmes (Director l Trustee)

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Independent Examiner’s Report to the Trustees for the year ended 31 December 2021

I report on the accounts of the company for the year ended 31 December 2021, which are set out on pages 12 to 21.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

10

RW"ste￿I ChaJity Number.. 1142636 Regist¢[￿ CompgnyNuthbtr. 07461119 OLD BOAT CORNER COMMUNITY ASSOCIATION LIIIIITED Independent Examiner's Report to the Trustees for the year ended 31 December 2021- continued {2) to which. in my opinion, attention should be drawn in order to enable a proper undcrslanding of the accounts to b¢ reached. Rachel Balchin FCA Bulldog Accounting Limited 12 Brogdale Place Faversham Kent ME13 OAF Signature.. 11

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Statement of Financial Activities for the year ended 31 December 2021

Note
Income from:
Donations
Charitable activities
2
Trading activities
3
Other income
4
Investment income
Total
Expenditure from:
Charitable activities
6
Trading activities
7
Total
Net Income /
(Expenditure)
Transfer
Net movement in
funds
Reconciliation of
funds:
Funds brought
forward
Funds carried
forward		 Unrestricted
Funds
Restricted
Funds
£
£
4,147
680
11,348
11,920
78,158
-
38,468
-
1
-		 Total
2021
£
4,827
21,468
78,158
38,468
1
144,724
110,364
18,829
129,193
15,531
-
15,531
42,543
58,074		 Unrestricted
Funds
Restricted
Funds
Total
2020
£
£
£
1,127
3,500
4,627
13,465
8,500
21,965
18,037
-
18,037
44,969
-
44,969
15
-
15
132,124
12,600		 77,613
12,000
89,613
99,293
11,071
18,829
-		 47,702
8,167
55,869
3,842
-
3,842
118,122
11,071		 51,544
8,167
59,711
14,002
1,529
-
-		 26,069
3,833
29,902
14,002
1,529
35,488
7,055		 26,069
3,833
29,902
9,419
3,222
12,641
49,490
8,584		 35,488
7,055
42,543

There have been no recognised gains or losses other than the result for the financial year and all surpluses or deficits have been accounted for on an historical cost basis.

The Statement of Financial Activities also complies with the requirements of an income and expenditure account under the Companies Act 2006

The notes on pages 14 to 21 form part of these financial statements.

12

Registe￿d Charity Numb¢r'. 1142636 RtgJst¢Ted Compaoy Nuthbcr. 07461119 OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Balance Sheet as at 31 December 2020 2021 2020 Note Fix¢d Assets 19,1116 428 Current Atsets Debtors Cash at Balth and in Hand -1.220 2.307 45.003 47.310 50J68 Current Llbllltl CrediioYs- Amounts falling due within one ye io i iJio 5,195 Net Cllrrent Assets 39.058 42,115 Net A￿ets S&1174 42,543 Represented by: Unreslrict¢d Funds R¢siriLt¢d Funds 12 12 49.49(1 8.584 S8,1174 35.488 7.055 For the year ending 31. December 2021, the company was entitled to exempti¢)n frorn audit undcr ScctÉon 477 of the Companiu 2(K)6. The members have not required the company to obtain art audit of its financial tatements for the ycar cndcd 31 De¢¢mber 2021 under Section 476 of th¢ Companies Act 2006. The dire£iors acknowledge th¢ir r¢sponsibiliues for. a) t￿uTing that the company keeps aecountirtg records which ￿nplY with Sections 386 and 387 of the Compani¢s Act 2¢JK. b) prepanng financial stalernents ihat ￿Ve a true and fair vi¢w of the thie of affairs of the cornpAny as V4t thc end of c¥ch flnallcial year and of ils profit and loss for each finan¢ial year in ￿COrd￿n¢C with th¢ requircmcnts of Se¢lion$ 394 and 395 and which otherwise comply with the Compani¢5 Act 2006 rel&tin8 t(J firtancial sthtern￿t8, so f8r as appI￿able to the company. The flnancial statements have been pr¢pared in accotthncc io the special provision8 of Part 15 0(the Companies Aci 2006 re12ting to small COm￿nItS and with the Financial Re￿)rtIng Standard applicablc in th¢ UK and Republic of Jreland (FRS 102) (¢ffective l January 20151. The financial staternents on pages 10 to 17 were ap[Ko￿l by the boArd of Directors on 23 March 2022 and were 5]￿ed on its behalfby.. Lucy Holmes Direclornrustee The notes on pages14 to 21fonn part of these finan¢ial SLatt1￿ts.

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021

1. Accounting Policies

(a) Basis of preparation

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 (FRS102) (effective 1 January 2015) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The charity meets the definition of a public benefit entity under FRS 102.

These financial statements have been prepared on the going concern basis. The charity has sufficient reserves, and the trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

(b) Accounting Convention

The financial statements are prepared under the historical cost convention

(c) Grants Receivable

Grants are recognised on an accruals basis, accounted for in relation to the period that they relate. Where grants have been received for capital items, the total grant has been disclosed in the SOFA and depreciation, in accordance with the accounting policies, has been charged against that income over the estimated useful economic life of the asset.

Where grants are received during the year under review but relate to a later period the amount is deferred under Grants in Advance in the Balance Sheet.

(d) Expenditure

Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration on each activity, comprising the salary and overhead costs of the central function, is apportioned on a basis which is an estimate, based on the proportion of cost of each activity to the total cost of all activities.

(e) Depreciation

Depreciation is provided on all tangible fixed assets of over £200 at rates calculated to write off the cost less estimated residual value on a straight line basis over their estimated useful lives as follows:

Improvements to buildings 4 years
Computer Equipment 3 years
Club Equipment 5 years

Where the purchase of tangible fixed assets has been funded from restricted funding, the life of the asset has been depreciated over the duration of the funding period.

14

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021 - continued

(f) Fund Accounting

The accounts distinguish between restricted and unrestricted funds. The former have been raised by the charity for specific purposes or are received from donors and are subject to restrictions on the purposes for which they may be used. Unrestricted funds are those where there are no externally imposed restrictions and are available for use at the discretion of the Trustees for expenditure on its objects or appropriated to reserves for internally designated purposes.

2. Income from charitable activities

Grants:
Trust for Developing Communities
– Healthy Hollingbury Fund
Brighton & Hove City Council
Sussex Police
The Soil Association
One Church – CHOMP
Pride Foundation
Chalk Cliff Trust		 Unrestricted
Funds
Restricted
Funds
Total
2021
Total
2020
£
£
£
£
-
2,000
2,000
2,000
11,348
9,000
20,348
13,465
-
500
500
-
-
150
150
-
-
270
270
-
-
-
-
1,500
-
-
-
5,000
11,348
11,920
21,468
21,965

3. Income from trading activities

Fundraising Events
Hire and lettings
Café income
Other Income
COVID Support:
Brighton & Hove City Council
-
Business rates support
-
Other
HMRC: Job Retention Scheme		 Unrestricted
Funds
Restricted
Funds
Total
2021
Total
2020
1,845
-
1,845
-
28,581
-
28,581
9,929
47,732
-
47,732
8,108
78,158
-
78,158
18,037
Unrestricted
Funds
Restricted
Funds
Total
2020
Total
2019
£
£
£
£
28,057
-
28,057
25,000
-
-
-
2,000
10,411
-
10,411
17,969
38,468
-
38,468
44,969

4. Other Income

15

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021 – continued

5. Net movement in funds

2021 2020
£ £
This is stated after charging:
Depreciation 1,598 122
Independent examiner’s fees 650 600

16

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021 - continued

6. Resources expended - Charitable activities

Project Costs
Community Kitchen
Community Garden
Household Support – COVID
Winter COVID fund
Healthy Hollingbury Fund
Food
CHOMP
Total Project Costs
Direct costs
Children’s toys and play equipment
Performance Costs
Staff costs
Rent
Building rates
Water rates
Insurance
Light and heat
Maintenance, repairs and fire safety
Cleaning and refuse collection
Licences
Subscriptions
Equipment and resources
Depreciation
Sundries
Total Direct Costs
Support costs
Office supplies
Advertising & Marketing
I.T. expenses
Telephone
Bank & credit card fees
Accountancy and independent examination
Consultancy fees
Legal expenses
Total Support Costs
TOTAL CHARITABLE ACTIVITIES		 Unrestricted
Funds
Restricted
Funds
Total
2021
£
£
£
904
560
1,464
-
3,032
3,032
853
5,000
5,853
6,275
-
6,275
-
872
872
683
-
683
-
77
77
8,715
9,541
18,256
-
350
350
270
680
950
65,642
-
65,642
-
-
-
-
-
-
(248)
-
(248)
1,701
-
1,701
6,513
-
6,513
4,972
-
7,972
306
-
306
147
-
147
1,111
-
1,111
1,583
500
2,083
1,598
-
1,598
35
-
35
83,630
1,530
85,160
1,757
-
1,757
102
-
102
1,327
-
1,327
1,009
-
1,009
69
-
69
1,214
-
1,214
110
-
110
1,360
-
1,360		 Total
2020
£
6,440
400
-
-
1,327
-
-
8,167
-
-
34,322
188
492
2,069
1,512
2,574
2,030
836
(21)
-
124
122
-
48,089
321
-
134
1,247
320
899
534
-
6,948
-
6,948		 3,455
99,293
11,071
**110,364 **		 59,711

17

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021 - continued

7. Resource expended – Trading activities

Café items
TOTAL TRADING ACTIVITIES		 Unrestricted
Funds
Restricted
Funds
Total
2021
Total
2020
£
£
£
£
18,829
-
18,829
3,842
18,829
-
18,829
3,842

8. Staff Costs

Wages and Salaries
Social Security Costs
Pension Costs
Temporary staff and contractors
Other staff costs		 2021
2020
£
£
63,731
32,543
-
-
602
204
-
1,440
1,309
135
65,642
34,322

The average number of persons employed by the company during the year was 9 (2020: 5)

Old Boat Corner Community Association Limited considers that the key management personnel comprise the Board of Trustees.

9. Trustees’ Remuneration and Reimbursed Expenses

None of the Trustees have received remuneration during the year or any other form of benefit. £NIL was paid to Trustees during the period for Board meeting expenses; (2020: £Nil).

10. Tangible Fixed Assets

Cost or valuation
At 1 January 2021
Additions
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2020
At 31 December 2021		 Computer
Equipment
Kitchen &
Café
Equipment
Plant &
Machinery
Total
550
-
-
550
432
19,395
359
20,186
982
19,395
359
20,736
122
-
-
122
283
1,297
18
1,598
405
1,297
18
1,720
425
-
-
428
577
18,098
341
19,016

18

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021 - continued

11. Debtors

11.
Debtors
Prepayments
Other Debtors		 2021
2020
£
£
150
-
3,070
2,307
3,220
2,307

12. Creditors: Amounts falling due within one year

Trade creditors
Deposits – room hire
HMRC PAYE and NIC
Pensions Payable
Accruals		 2021
2020
£
£
2,618
457
1,450
503
-
297
-
84
7,242
3,854
11,310
5,195

13. Analysis of Net Assets between Funds

Restricted Funds
Unrestricted Funds
Restricted Funds
Unrestricted Funds		 Tangible Fixed
Assets
Net Current
Assets
Total
2021
£
£
£
-
8,584
8,584
19,016
30,474
49,490
19,016
39,058
58,074
Tangible Fixed
Assets
Net Current
Assets
Total
2020
£
£
£
-
7,055
7,055
428
35,060
35,488
428
42,115
42,543

19

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021 - continued

14. Movement in Funds

14. Movement in Funds
Restricted Funds
Trust for Developing Communities –
Community event
Trust for Developing Communities –
Healthy Hollingbury Fund
Community Garden Access
Community Kitchen Project
One Church: CHOMP
Household Support Fund: COVID
Musical Performance
Patcham United Defibrillation Machine
Sussex Community Foundation
Children’s toys and play equipment
Clift Memorial Fund
Unrestricted Funds
General
Designated
Total Funds
Previous year
Restricted Funds
Trust for Developing Communities –
Community event
Trust for Developing Communities –
Healthy Hollingbury Fund
Community Garden Access
Community Kitchen Project
Patcham United Defibrillation Machine
Sussex Community Foundation
Children’s toys and play equipment
Clift Memorial Fund		 Balance
1 Jan
2021
£
1,031
673
2,600
60
-
-
-
500
172
868
1,151		 Income
Expenditure
Transfers
Balance
31 Dec
2021
£
£
£
£
-
-
-
1,031
2,000
872
-
1,801
4,150
3,032
-
3,718
500
560
-
-
270
77
-
193
5,000
5,000
-
-
680
680
-
-
-
500
-
-
-
-
-
172
-
350
-
518
-
-
-
1,151
7,055
Balance
1 Jan
2021
32,988
2,500		 12,600
11,071
-
8,584
Income
Expenditure
Transfers
Balance
31 Dec
2021
132,124
118,122
-
46,990
-
-
-
2,500
35,488 132,124
118,122
-
49,490
42,543 144,724
129,193
-
58,074
Balance
1 Jan
2020
£
1,031
-
-
-
-
172
868
1,151		 Income
Expenditure
Transfers
Balance
31 Dec
2020
£
£
£
£
-
-
-
1,031
2,000
(1,327)
-
673
3,000
(400)
-
2,600
6,500
(6,440)
-
60
500
-
-
500
-
-
-
172
-
-
-
868
-
-
-
1,151
3,222 12,000
(8,167)
-
7,055

20

Registered Charity Number: 1142636 Registered Company Number: 07461119

OLD BOAT CORNER COMMUNITY ASSOCIATION LIMITED Notes to the Financial Statements for the Year Ended 31 December 2021 - continued

15. Movement in Funds (continued)

Unrestricted Funds
General
Designated
Total Funds		 6,919
77,613
(51,544)
-
32,988
2,500
-
-
-
2,500
9,419
77,613
(51,544)
-
35,488
12,641
89,613
(59,711)
-
42,543

12. Related party transactions

Reyna Kothari was appointed as Centre Manager on an 18 month fixed term contract from October 2020. Ms Kothari had previously been a Trustee of the organisation and resigned on 14 July 2020. This contract has been extended into 2022 and made a full time position.

There were no other related party transactions in the year ended 31 December 2021

21