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2021-04-05-accounts

CHAMPIONS FUN LEARNING CENTRE Reports and Financial statements 2021

Champions Fun Learning Centre “Inspiring Young Minds”

www.championsflc.com

CHAMPIONS FUN LEARNING CENTRE

Charity Registration Number 1144522 VAT Registration Number 390 404 902 National Resource Centre 776 UK Register Learning Providers 10049366

Annual REPORTS and FINANCIAL STATEMENTS 2021

Champions Fun Learning Centre

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CHAMPIONS FUN LEARNING CENTRE
Reports and Financial statements 2021
Contents Pages
_____________
Report of the Trustees 03
Statement of Financial Activities 11
Independent Examiner’s Report 15
Income & Expenditure 18
Balance Sheet 20
Notes to the Financial Statements 21

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CHAMPIONS FUN LEARNING CENTRE Reports and Financial statements 2021

Reports of the Trustees

For the year ended 05 April 2021

The trustees submitted their report and financial statements of Champions Fun Learning Centre for the year ended 05 April 2021. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2005) issued by the Charity Commission in 2005.

1. Reference and Administrative Information

1.1 Charity Name

Champions Fun Learning Centre was established on the 09 February 2009 and is registered with the Charity Commission on 03 November 2011 with number 1144522.

1.2 Principal Address

1.3 Trustees

The trustees who served during the year and who were serving at the date of this report

were:

Mark Brown

Anne Pernet

Telisha Heslop

1.5 Professional Advisers and Agents

The principal professional advisers and agents employed by Champions Fun Learning Centre as by the date of this report are as follows:

Bankers : NATWEST BANK

Natwest Business Banking PO Box 16204 Birmingham B2 2WP

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Independent Examiners : Michael Bygrave ACIE,

B.A. (Hons) F.A.I.A. F.F.A. F.F.T.A. F.I.A.B. F.P.A.

Gordon and Co, P O Box 12178, Tamworth, Staffordshire, B79 7ZX

Solicitors :

N/A

Advisers/Agent : MARNOR SERVICES

254 Church Road, St George, Bristol BS5 8AF

2. Structure, Governance and Management

2.1 The Governing Documents

Champions Fun Learning Centre governing document is a Constitution dated 31 August 2011.

2.2 Trustees

Trustees will normally serve a term of office for 5 years. Retiring Trustees are eligible for reappointment by vote of the remaining Trustees. The number of Trustees is to be at least three. If appropriate, a Trustee can be removed by a single majority of votes of the other Trustees.

The Trustees meet approximately four times per annum to discuss a full range of matters relating to finance, general administration, community initiatives and venue matters. The induction process for newly appointed Trustee comprises of an initial meeting with one of the trustees and receipt of copies of:

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2.3 Champions Fun Learning Centre Members

Champions Fun Learning Centre Membership is open to those who:

Champions Fun Learning Centre trustees share in the responsibilities for the finances, administration, maintenance and activities of Champions Fun Learning Centre. The Trustees meet annually at the AGM and receive reports from the chair during the general meeting.

2.4 Personnel

The individuals who served in full or part-time employment during the year and who were serving at the date of this report were: Chairman Mark Brown

2.5 Risk Management

Champions Fun Learning Centre (CFLC) primary concern and objective is to provide supplementary education to children in need. Whilst it is Champions Fun Learning Centre's policy to meet its objectives, Champions Fun Learning Centre also acknowledges that it has a responsibility, both has individual members and as a body of members, for the identification of proper management of risk faced by Champions Fun Learning Centre in achieving its primary aim. The trustees have therefore assessed the major risks to which Champions Fun Learning Centre is exposed, in particular those relating to the specific operational areas of CFLC assets and its finances.

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The Trustees believe that by monitoring reserves level, by ensuring that control exists over key financial systems, and by examining the operational risks faced by CFLC, they have established effective systems and procedures to mitigate those risks.

3. Objectives, Activities & Strategies

3.1 Objective

In accordance with the Constitution, the principal purposes of CFLC are:

to assist children ages 5-16 years old, to have better chances in progressing successfully through their year groups and ultimately obtaining good GCSE’s grades, with better access to training and development that will improve their life skills. We aim to promote selfconfidence and self-esteem in children at key stages 1-4 who are struggling with their core curriculum subjects, disengaged, having learning disabilities or have become despondent. We endeavour to get them re-engaged and working competently at the required standards for core curriculum subjects, using learning activities and one-to-one tuition to advance their education in particular by providing or assisting in the provision of:

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academic learning, motivate and encourage them to do better in school, and to develop and improve their life and acquired skills which will ultimately give them better opportunities for employment and training.

3.2 Activities

In preparing this report, the Trustees have given due regard to public benefit guidance published by the Charity Commission and have sought to demonstrate that the charity provides identifiable benefits which relate directly to its objectives and which outweigh any potential detriment or harm. Further, the benefits are publicly available to all and are not in anyway restricted to those able to pay. Any private benefits to Trustees and members of the charity are incidental.

4. Achievements and Performance

The Champions Fun Learning Centre Assets were its educational system and its service users. CFLC has maintained its incredibly high standards and impeccable reputation of delivering solid academic results each year.

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Bedminster Centre – CFLC launched the Bedminster Centre in January 2014 but had to close August 2017 due to lack of funding.

Brislington Centre – CFLC launched the Brislington Centre in the 2014 academic year and all main administrative operation are done at Brislington. A number of projects and activities take place at this centre. Due to the closure of the St George centre and the Bedminister centre all children travel to the Brislington centre. We ran the FEET project aimed at helping young people into employment, education and training. However, there are still fewer children using this centre due to the inconvenience of traveling from Bedminster and St George. Although St George is in close proximity geographically the transportation system is not convenient. We are still reviewing the location to see how we can improve profile and notoriety further a fields in the Keynsham, Totterdown, Knowle and Bath areas and also to re-establish a St George centre (although highly doubtful) because of the many children missing out. We still believe that this centre will serve many children in the near future. The Brislington centre is a large centre and has a capacity of 400 children. During the year we had no physical children due to the coronavirus pandemic restrictions. Instead, we were fortunate to launch our Online Interactive Classroom. This was possible due to funding support by JJ Bristol Foundation and The Foyle Foundation. The bulk of the operation helping the centre to remain viable through the pandemic phase was supported by Coronavirus Resilience Fund and a really welcomed support from CAF to ensure the expenditure was taken care of. Our reach did expand because more children could access CFLC learning environment without being physically present.

St George Centre – The St George centre closed July 2017. Most service users travel to BS4, Brislington but there have been many complaints about the traveling and also the difficulty for those with disabilities.

OFSTED Compliance

During the 2016/17 academic year CFLC was inspected by Ofsted. The Ofsted report showed that we continued to be compliant in all areas of our Ofsted registration requirements. In 2021/22 academic year we would need to apply for a new Ofsted number. We have made the application already. CFLC continues to be a member of the National Resource Centre for Supplementary Education (NRC) and continues to be compliant with our old Ofsted registration. We have not been inspected by OFSTED since 2017. We were also on the voluntary registration.

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Key Stage One Performance –

During the year, KS1 children (ages 5-7) who used Champions Fun Learning centre Interactive Online Classroom made good progress in both numeracy and literacy. There were 12 children in year 1 and year 2 that benefited from our services. More than 92% of the children in this age group were able to carry out tasks in handwriting, spelling, reading, writing and arithmetic. Assessing progress was more difficult but we are certain that our intervention kept children on track with their academic performance.

Key Stage two Performance –

During the year, KS2 children (ages 8-11) who used Champions Fun Learning centre OILC made good progress in both numeracy and literacy. All year 3, 4, and 5 children have made good progress and have shown tremendous zeal and desire to do well despite the challenging times they had to work in. More than 90% were either at or above the levels expected at that age. There were 15 children in year 6 and they will be teacher assessed to determine their required standards performance.

We did not have a Sats Booster Classes for year 6 students in 2020/21 academic year. This is the fourth time in 8 years (since inception) that we didn’t run a booster. We will continue monitoring progress to see if there will be a negative comparable result. However, we can assume that coupled with the pandemic and the challenges that progress will be limited. We do think there will be, but we will need to wait for confirmation. We continue to promote the published Year 6 Mastering Reading Comprehension to support the English reading skills for year 6 to prepare and meet SATs requirements. This can be purchased at Amazon, Google search engine, Lulu and most online distributors.

Key Stage three Performance –

During the year, KS3 children (ages 11-14) who used Champions Fun Learning centre made good progress in both numeracy, science and literacy. All year 7, 8, and 9 children have made good progress even though it was reall difficult and we believed that this age children were more cunning with distraction during lessons. We believe that they were more manipulative with the distraction of browsing other webpages whilst in the Interactive Online Classroom. Their school’s teacher assessed results were

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obtained and they were satisfactory. We still tried at best to test and assess after each module or topics were ended. Again, more than 90% were either at or above the required standards expected at that age and were well equipped for entering the year ahead. There were in excess of 50 children in KS3 and they all performed well in assessment tests.

Key Stage four Performance –

During the year, KS4 children (ages 14-16) who used Champions Fun Learning centre OILC made good progress in both numeracy, science and literacy. All year 10 and 11 children have made good progress and have made tremendous improvements and have obtained superb achievements in their Teacher Assessed Final Grades. More than 40 children were supported; there were no post 16 students. GCSE results showed that 96-99% of children achieved Grades 5-9 in exams.

Homework Books –

Due to the constant demand for more support at home by service users, particularly parents, CFLC has decided to produce formal homework books. These books were sold to parents at a small charge (or donation) above or at the break even cost. These books are the complete support for each year group. In 2020/21 academic year no further progress was made. Completed books are still:

Year 1 – English Homework Book

Year 3 – Maths & English Homework Book

Year 4 – Maths and English Homework Book

Year 6 – Mastering Reading Comprehension (2018) Amazon, Barnes & Noble, Lulu

We hope to finish all sets for key stages 1 & 2 (year 1 - 6) by the 2022/23 academic year if we can remain sustainable. Each book contains an average of 200 pages and the task is very demanding. However, we are committed to complete the task which will improve the children’s academic performances by consolidating the work taught. This means no progress was made in completing any homework books in the 2020/21 academic year.

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Teaching Assistant Course Level 3 –

In 2014 academic year CLC began writing the Supporting Teaching and Learning in School course. This is being created at a high level in order to satisfy requirements for Teaching Assistants level three courses. The Teaching Assistant (TA) course will be a paid for VAT applicable course. Champions Learning Centre LLP was actually created for this purpose. However, NO further work has been done on this. We may abort this mission completely.

Coronavirus Pandemic –

Coronavirus pandemic caused a lockdown 22 March 2020, and continue throughout with long periods of shutdown. The impact was really bad and the charity had to be vigilant and fortitude to remain viable. We had £10000 from Bristol Council as part of the coronavirus grant. The Lottery Coronavirus grant helped and the support was huge to keep champions going. Although there was no physical learning support the overhead cost for 2020/21 was the same or more and we needed more remote staff to carry out the charity’s purpose.

5. Financial Review

5.1 Activity and Financial Position

The Statement of Financial Activities and Balance Sheet can be found on pages 17 and 18-19 respectively. Champions Fun Learning Centre holds no reserves. The balance sheet shows total net Assets of £63,074.00

5.2 Reserves Policy

Champions Fun Learning Centre does not currently hold any free reserves. However, the management committee is looking into appropriate fundraising ventures and other trading activities in order to build up a reserve.

5.3 Investment Policy

Champions Fun Learning Centre does not currently hold any investment policy.

5.4 Grants Policy

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Champions Fun Learning Centre received grants from the Big Lottery Covid Resilience, Foyle, John James, Baily Thomas and CAF during the year.

6. Plans for Future Periods

As a learning institute, we had to revise all expansion plans and try to support children by way of interactive online support.

7. Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period.

In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity company and enables them to ensure that the financial statements comply with the Charities Act 1993 and Company Act 2006.The Trustees are also responsible for safeguarding the assets of the charity and company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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8. Approval

Disclosure of information to Independent Examiners

To the knowledge and belief of the Trustees, there is no relevant information that the company's independent examiners are not aware of, and the Trustees have taken all the steps necessary to ensure they are aware of any relevant information, and to establish that the company's independent examiners are aware of the information.

The above report is prepared in accordance with the provisions applicable to companies subject to the small companies’ regime within Part 15 of the Companies Act 2006 and Charities Act 1993.

The report of the Trustees was approved by the Trustees on 01 November 2021 and signed on its behalf by:

Mark Brown Chairman

MBrown

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Report on the financial statements of Champions Fun Learning Centre for the year ended 05 April 2021, set out on pages 13 to 17

This report is made solely to the Trustees in accordance with section 43(3) of the Charities Act 1993 (the Act). Independent examination has been undertaken and any relevant matter has been stated to the Trustees those matters required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by the law an examination was required as income was above £25000 in accounting year 05 April 2021.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1997) and also that only an independent examination is needed.

It is the trustees’ responsibility to:

BASIS OF AN INDEPENDENT EXAMINER'S STATEMENT

Trustees’ examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently there is no expression of an audit opinion on the accounts.

Given the following above and the careful examination of the accounts where no anomalies were detected, in addition to, the annual income was above £25000 which doesn’t exempt the charity from independent examination the trustees saw the need for an independent examination of Champions Fun Learning Centre’s Accounts for the 2021 accounting year.

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INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS OF

Champions Fun Learning Centre For the year ended 5th April, 2021

Respective Responsibilities of Trustees and Independent Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 145 of the Charities Act 2011 (the Act) and that an Independent Examination is needed.

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 Commissioners. 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 I do not express an audit opinion on the view given by the accounts.

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Independent Examiner's Statement

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

(1) which gives me reasonable cause to believe that, in any material respect, the requirements:

or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: MBygrave

Date: 06/12/2021

Michael Bygrave B.A. (Hons) F.A.I.A. F.F.A. F.F.T.A. F.I.A.B. F.P.A. A.C.I.E Accountant and Charity Independent Examiner Gordon and Co Ltd Tel: 01827 703976 P O Box 12178 Mobile: 07773 373255 Tamworth Fax: 01827 68108 Staffordshire Email: michael@gordon-and-co.com B79 7ZX

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1. Accounting Policies

These financial statements have been prepared under the historical cost convention, the financial statements have been prepared in accordance with The Financial Reporting Standard for Smaller Entities (2009) and with the Statement of Recommended Practice “Accounting and Reporting by Charities'' (SORP 2005) published by the Charity Commissioners in 2005.

Cash flow statement

The Fund could have taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement, on the grounds that it would have been a small company incorporated under companies' Legislation.

Incoming Resources

Donations and fees are accounted for in the period in which they are received. Legacies are accounted for when their receipt is certain and can be properly quantified. Income from the recovery of tax on gift aided donations, Investment income and other income is recognized in the period to which it relates.

Resources Expended

Expenditure is accounted for on an accruals basis and includes attributable VAT. Charitable activities comprise expenditure on Champions Fun Learning Centre primary objectives as described in the report of the Trustees, Charitable activities may include grants made to other organizations whose charitable object’s compliment the Work of CFLC and are accounted for in the year they are made. Governance costs are the costs associated with the governance arrangements of CFLC and include the cost of the annual independent examination, if applicable, the expenses of trustee meetings, volunteer expenses and other expenditure on compliance with constitutional and statutory requirements.

Tangible Fixed Assets

The cost of furniture, computers, learning software, brand and systems are depreciating but are still treated as assets.

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Fund Accounting

Unrestricted funds compromise those funds which the trustees are free to use in accordance with the charitable objects. There were restricted funds.

Income & Expenditure

Revenue
Generated
Note
£
Income
Contributions/unconnected
2
42273
connected donations
0
Job Retention Furlough
4550
Revenue from VAT
10368
Revenue from Gift Aid
20767
Fundraising
62239
Cash from Grants
1
29392
Vol back Donations
7313
Total income
176902		 2021
2020
Restricted
Total
Total
Revenue
Revenue Revenue
£
£
£
0
42273
65043
0
0
0
0
4550
0
0
10368
13564
0
20767
18418
62239
17907
13500
42892
16396
0
7313
5736
13500
190402
137064

1. Funds received from various foundations and grant making bodies.

2. Contributions made by people who are not connected to service users. 3. At the financial year end the charity had agreed borrowing of £0.00.

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Unrestricted Restricted
Expenditure Funds Funds Total Total
2021 2021 2021 2020
£ £ £ £
charity
activities:
premise, resources, 109346 6852 116198 62017

Salaries and Wages,
Remuneration 30000 6648 36648 57807

professional
fees 682 682 236

Total resources expended
 140028 13500 153528 120k
Profit or loss on ordinary
activities before taxation 36874

0.00
36874		 17004

tax on loss or profit on
ordinary
activities 0.00 0.00 0.00

Profit or loss on ordinary
activities after taxation 36874 0.00 36874 17004

Total funds brought forward		 10804 6200 17004 16536

Total funds carried forward
 36874 0.00 36874 17004

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CHAMPIONS FUN LEARNING CENTRE Balance sheet for the year ended 05 April 2021

2020

£

Note
Fixed assets
25428
Tangible assets
0
Investments (long term)
25428
Total fixed assets
Current assets
0
Debtors
4
0
Prepayments
5
16396
Cash at bank and in hand
16396
Total current assets
Liabilities
Creditors:
0
amounts falling due within one year
6
0
Advance receipts
7
0

16396
Net current assets
41824
Net assets
The funds of the company
10804
Unrestricted income funds
6200
Restricted income funds
16396
Total funds		 £
26200
0.00
0
0
36874
36874
0
0
-		 2021
£


26200







36874
63074
36874
0.00
36874

All the activities of the company are classed as continuing.

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Exemption from audit

independently examined.

The Trustees acknowledge their responsibilities for: ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006,preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial period and of its profit or loss for the financial period 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 is applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008). They were approved by the Trustees on 01 November 2021 and signed on their behalf by the chairman.

2023/24 accounting year a reasonable income source must be found and a reserve built up.

we have used less restricted (7%) grants than previous years. With careful financial controls we

as that year was the most appropriate because we had the most grants making up our income. But

this was reasonable given the pandemic situation and funds were sought to ensure the charity

remains viable. Grants were 22% of the income generated but only 7% restricted.

liabilities as they fall due.

Mark Brown (member/Chairman)

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CHAMPIONS FUN LEARNING CENTRE Reports and Financial statements 2021

CHAMPIONS FUN LEARNING CENTRE Notes to the accounts for the year ended 05 April 2021

1. Accounting policies

Basis of the preparation of the accounts

Financial Reporting Standard for Smaller Entities (effective January 2007) and the Companies Act 1985.

Change in policies

Depreciation policies have not been changed since the straight line method was introduced from the reducing balance method since 2012.

Incoming resources

All material incoming resources have been included on a receivable basis – i.e. they are included if the date receivable falls within the period covered by these accounts.

Resources expended

These have been analysed using a natural classification.

Depreciation

Depreciation is calculated to write down the cost or valuation, less estimated residual value, of all tangible fixed assets on a straight line basis.

The rates applicable are: General equipment 20.0% IT equipment 30.0% Fixtures & fittings 20.0%

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CHAMPIONS FUN LEARNING CENTRE Notes to the accounts (continued) for the year 05 April 2021

2. Grants & donations


Connected
Baily Thomas Trust
John James
Woodward Trust
Metropolitan Trust
The Foyle
Core
Fundraising
CAF Trust
Prince Foundation (FF)
Back donations
Cooperative Foundation
Gift
Aid
SGrant
Other fund raise
Big Lottery
Fund resilience
Contribution & donations
 Unrestricte
d
funds
£
00
0
0
0
0
33455
19200
0
7313
0
20767
192
28784
10000
42273
**161984 **		 Restricte
d
funds
£
00
2000
2500
1000
8000
0
0
000
000
00
-
-
00.00
000
-
**13500 **		 Total

funds
£
0
2000
2500
1000
8000
33455
19200
0
7313
00
20767
192
28784
10000
42273
**175484 **		 2020
£
1000
000
0000
1600
00
9357
00
000
5736
4821
18418

8550
9975
65043
138065

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3. Fixed assets

Cost
At 06 Apr 2020
Additions
At 05 Apr 2021
Depreciation
At 6 Apr 2
2020
Charge this period
At 05 Apr
2021
Net book value
At 05 Apr
2021		 General
equipment
£
19000
10000
29000
4000
3800
25200		 IT
equipment
£
15000
15000
4572
3000
12000		 Fixtures
Total
& Fittings
£
£
-
34000
10000
-
44000
-
-
8572
-
8572
-
35428

4. Debtors


Grants & donations
Service fees
 2021
£
0
0
**0 **		 2020
£
0
-
0

5. Prepayments


Insurance

6.Creditors

Legal & professional fees		 2021
£
0
0
2021
£
0		 2020
£
0
0
2020
£
0

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Corporation tax
Salaries & NI

7. Advance receipts

Grants & donations
Service fees

8. Movements in unrestricted funds


Total donated fund
Maintenance & capital works

9. Staff costs and numbers
Staff costs were as follows:
Salaries, rem & NI		 Opening
balance
£
17004
-
**17004 **
Incoming
resources
£
190502
0
190502

0
4550
0
2021
£
113244
100		 0
0
0
2020
£
96411
100
113344 96511


Closing
Balance
£
36874
-
36874
2020
£
57807
57807
153527
2021
£
41198
**41198 **

No employee received emoluments of more than £60,000. The average weekly number of employees during the year were 1 and 10 volunteers.

10. Analysis of net assets by fund

is of net assets by fund
Unrestricted Restricted Total

funds		 funds Funds

£		 £ £

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Fixed assets
Net current assets
 26200
36874
63074		 0.00
0.00
**0.00 **		 26200
36874
63074

11. Trustees’ remuneration, benefits and expenses

Trustees received no expenses and no benefits in this period.

12. Independent examination and accountancy services

During the period, the cost of the examination and accountancy services was £100.

13. Glossary of terms

of the organisation. The Big Lottery Fund for the ‘Yes We Can project’ was successfully delivered No end of grant report was needed but expenditure records are kept.

Creditors: These are amounts owed by the company, but not paid during the accounting period.

Advance receipts: These are amounts received by the company in the accounting period for use in a future period.

Debtors: These are amounts owed to the company, but not received in the accounting period.

Prepayments: These are services that the company has paid for in advance, but not used during the accounting period.

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CFLC

2021 ANNUAL REPORT AND ACCOUNTS

APPROVED BY THE BOARD OF TRUSTEES - 01. 11. 2021

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