2021-03-31-accounts - The Oval (Stevenage) Community Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Page
Company information	1
Trustee's Report	2
Examiner's report	11
Statement of Financial Activities	13
Balance sheet	14
Notes to the accounts	15
Detailed Statement of Financial Activities	20

			Unrestricted	Restricted	Total	Last Year
			Funds	Funds	Funds	TotalFunds
incoming resources from generated	funds	Notes	2021 5	2021 6	2021f	2020 6
Voluntary Income Activities for generating funds Investment Income			68,321 26,843 159	714	69,035 26,843 159	6,304 86,382 193
Total incoming resources			95,323	714	96,037	92,879
Costs ofcharitable activities Governance costs			70,329 930	714	71,043 930	86,703 930
Total resources expended			71,259	714	71,973	87,633
Net (outgoing) Iincoming resources
before transfers between funds Gross transfers between funds			24,064		24,064	5,246
Net (outgoing) Iincoming resources before
Other recognised gains and losses			24,064		24,064	5,246
Net movement in funds			24,064		24,064	5,246
Reconciliation offunds
Total funds brought forward			96,886	230	97,116	91,870
Total Funds carried forward			120,950	230	121,180	97,116

Surplus	for the financial year	2021	2020
This is stated after crediting:-			6
Revenue	from ordinary activities	95,878	92,686
and after	charging:-
Reporting	Accountant's fees	930	930

9	Debtors								2021	2020
									E
	Trade debtors Prepaid expenses								140	8,384 295
									140	8,679
10 Creditors: amounts			falling		due within one year				2021	2020
									E	E
	Trade creditors Accrued expenses PAVE and Nl Deferred income and		grants		in advance				201 1,393 497 100	111 1,903 509 975
									2 191	3498
11 Analysis ofthe Net		Movement in				Funds			2021	2020
									E
	Net movement in funds from Statement of Financial Nei resources applied on functional fixed assets							Activities	24,064	5,246 (2,976)
	Net movement in funds available					for	future activities		24,064	2,270
12	Particulars of Individual At 31March 2021			Funds and analysis ofassets and liabilities Unrestricted Designated					representing Restricted	funds Total
							funds	funds	funds	Funds
	Intangible Fixed Assets Tangible Fixed Assets Current Assets Current Liabilities						10 1,648 121,483 (2,191)		230	10 1,648 121,713 (2,191)
							120,950		230	121 180
							Funds at	Movements	Transfers	Funds at
							2020	in	Between	2021
								as below
								E
Unrestricted SBCAfternoon Tea Fire Marshall Training LCB - Christmas Fair Costco Follet Trust Christmas SBCMessy Monsters LBC - Firs(Aid SBC-Story Time		Disco					96,886 5 60 2 25 10 31 42 55	24,064		120,950 5 60 2 25 10 31 42 55
							97,116	24,064		121,180

					Unrestricted	Restricted	Total	Prior Period
					Funds	Funds	Funds	Total Funds
					2021	2021	2021	2020
					6	f	5	6
Incoming Resources
Voluntary Income
Grants, legacies and donations
Government and public bodies
Incoming resources ofa revenue			nature
Grant income Total Total Grants, Legacies &Donations Gifts in kind, donated services and				Received facilities	68,321 68,321 68,321	714 714 714	69,035 69,035 69,035	6,304 6,304 6,304
Gifts and Donations
Total Gifts in kind, donated	services			and facilities
Total Voluntary Income					68,321	714	69,035	6,304
Activities for generating	funds
Fundraising activities Total ofactivities for generating				funds	26,843 26,843		26,843 26,843	86,382 86,382
Bank deposit interest received					159		159	193
Total Investment Income					159		159	193
Total Incoming Resources					95,323	714	96,037	92,879
Costs ofgenerating funds
Direct support costs
Coffee bar costs					56		56	546
					56		56	546
Staffcosts in aupporl ofcharftabla		activities
Salaries - Administrative staff					21,495		21,495	29,590
Pension Contnbuiions -administrative				staff	926		926	1,201
					22,421		22,421	30,791
Employee costs:
Travel and subsistence					66
Conferences &Courses								900
					66		66	900
Pramiaaa Costs
Rent and rates payable					331		331	991
Insurance					1,304		1,304	1,303
Light and heat					4,339		4,339	4,933
Cleaning					13,463		13,463	12,601
Premises repairs and renewals					609	714	1,323	771
Alarm system maintenance					897		897	806
Caretaker					16,521		16,521	20,226
					37,464	714	38,178	41,631

for the year ended	31 March 2	021
					Unrestricted	Restricted	Total	Prior Period
					Funds	Funds	Funds	Total Funds
					2021	2021	2021	2020
						6	6	6
General administrative	expenses:
Telephone and internet					1,572		1,572	2,010
Postage					12		12	74
Stationery and punting					586		586	1,452
Gifts and donations					50		50	56
IT Systems maintenance					2,080		2,080	2,511
Advertising and PR								140
Sundry expenses					431		431	2,226
Bad debts					3,197		3,197
					7,928		7,928	8,469
Professional feesin support ofcharitable			acllvilles
Legalfees					480		480
Licences and permits					473		473	2,926
Companies House					13		13	13
					966		966	2,939
Other support costs
Depreciation ofassets	used for charitable		purposes		1,428		1,428	1,427
					1,428		1,428	1,427
Total Support costs					70,329	714	71,043	86,703
Total Expended on	Charitable	Activities			70,329	714	71,043	86,703
Governance costs that are not		direct management			functions	inherentin	generating
funds, service delivery and programme				orproject	work
Specific governance costs
Reporting Accountant's	Fees				930		930	930
Total governance costs					930		930	930