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2021-09-30-accounts

Contents							Page
Officers and professional advisers
Directors' report
Chartered accountants		report to	the board ofdirectors		on the preparation	of
the unaudited statutory		financial	statements
Statement of income	and retained			earnings
Statement offinancial		position
Notes to the financial		statements
The following pages		do not form		part ofthe financial statements
Detailed Income statement
Notes to the detailed	income statement						12

The board ofdirectors	The board ofdirectors	Mr0 Davies FCA	Mr0 Davies FCA
		Mr D Stlckels
Registered	office	Village Hall
		Parsonage	Road
		Berrow
		Burnham-on-Sea
		Somerset
		TA8 2NW
Accountants		Thomas Westcott
		Chartered	Accountants
		80 Oxford	Street
		Burnham on Sea
		Somerset
		TA8 1EF
Bankers		CAF Bank	Limited
		Kings Hill
		West mailing
		Kent
		ME194TA

						2021	2020
					Note	6
Turnover						32,741	28,807
GI'oss profit						32,741	28,807
Administrative	expenses					17,736	19,280
Operating profit						15,005	9,527
Interest payable and		similar expenses				6,965	7,098
Profit before	taxation					8,040	2,429
Tax on profit
Profit for the	ttnancial		year and total comprehensive	Income		8,040	2,429
Retained earnings		at the start ofths year				301,834	299,405
Retained earnings		at the end ofthe year				309,874	301,834

					2021		2020
				Note				f
Fixed assets
Tangible assets						399,518		399,614
Current assets
Stocks					318
Debtors					4,099		2,078
Cash at bank and	in	hand			16,045		9,973
					20,462		12,051
Creditors: amounts		falling	due
within one year					8,210		2,275
Net current assets						12,252		9,776
Total assets less	current		liabilities			411,770		409,390
Creditors: amounts		falling	due after
more than one year				10		101,896		107,556
Net assets						309,874		301,834

Profit before taxation is stated after charging:
		2021 f		2020 f
Depreciation oftangible assets			96	753
Tangible assets
	Freehold	Furniture	8
	property	Equipment		Total
	F	F
Cost
At 1 October 2020 and 30September 2021	399,518	12,654		412,172
Depreciation
At 1 October 2020		12,558		12,558
Charge for the year			96	96
At 30September 2021		12,654		12,654
Carrying amount At 30September 2021	399,518			399,518
At 30September 2020	399,518		96	399,614

8.	Debtors
				2021	2020
	Trade debtors			3,964	1,532
	Prepayments	and accrued income		135	244
	Other debtors				302
				4,099	2,078
9.	Creditors: amounts		falling due within one year
				2021	2020
	Bank loan			4,528
	Trade creditors			773	148
	Accruals and	deferred	Income	2137	2,033
	Social security	and other taxes		772	94
				8,210	2,275
10.	Creditors: amounts		falling due after more than one year
				2021	2020
				f
	Bank loan			101,896	107,556

			2021	2020
			6
Turnover
Letting s			11,148	10,759
Donations				5,855
Fundraising			641	537
Lottery funding			3,282
Coronavirus	grants		17,670	10,000
Job retention	scheme receipts			1,855
			32,741	28,807
Administrative		expenses
Rates and water			358	48
Light and heat			1,623	1,986
Insurance			1,290	1,275
Repairs and	maintenance		1213	203
Cleaning and	materials		1,611	3,151
Wages and salaries			7,597	8,960
Telephone			341	834
Licences			394	714
Webslte costs			360	437
Printing postage		and stationery	65	26
Sundry expenses			1,938	13
Bank charges				80
Accountancy	fees		850	820
Depreciation	of	tangible assets	96	753
			17,736	19,280
Operating profit			15,005	9,527
Interest payable		and similar expenses	(6,965)	(7,098)
Profit before	taxation		8,040	2,429

Berrow Community Association Limited Notes to the Detailed Income Statement	Berrow Community Association Limited Notes to the Detailed Income Statement
Year ended 30September 2021
		2021 f	2020 f
Interest payable	and similar expenses
Interest on bank	loans and overdrafts	6,965	T,098