BURSLEDON & DISTRICT COMMUNrrY ASSOCIATION REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 Bursledon & District Community Association is a charitable company registered in England and Wales Registered Charity Number: 1149654 Company Number: 08107642
BURS[]) & DISTRI COMMUNTfY Ass(lATIoN FOR THE YEAR EIYDED 30 JUNE 2021 Contents Pages Report of the Tnthes Independent ExamineT'S Rewrt Statement of Financial Acliviti¢s io Balance Sheet Notes to the Financial Ststements 12-19 THE FOLLOWING PAGES ARE FOR mAiYAGEME1 PURPOSFS ONLY Delailal Management Accounts . Total Funds 20
Page I BuIlSID0N & DISTRicf COMMUNfTY ASSOCIATION REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 30 JUNE 2021 The Trustc¢s are ple&8ed to present their r and Financial Statements for th¢ year endcd 30 June 2021, which are also pred to meet the requirements for a Director's Report and Financial Statffl]ents foi CompaDi¢S Aci PUTry)ses. The Financial Statements LX)mply with the Charities Act 2011, the Companies Act 2006, the Memordndum and Articles of Association and Accounting and RqK)rtiDg by Charities.. Ststcment of Recommended Practice applicable to charities praring their Financial Stat¢m¢niS in accordance with the Financial Rep)rting Standard applicable in the UK and Republic of Ireland (FRS 102). REFERENCE AND ADMINISTRATIVE INFORMATION Chirity NAm¢: Bursledon & District Community As¢lation Charity Number. 1149654 Company Number. 08107642 Office Addrejj: The Lowford Centre Portsmouth Ro&J Bursledon Southampton Hampshire S0318ES The trustees {who arc also the directors of the charitable company for the prse of Company law) who servcd during the year are: Lesley LenTr)x Marion Pcnn Cllr Tonia Cr818 Ann¢ Wilson Jennifer Ann Leeves ClStOPher Dennison Matthew Martin Gary Plested Sally Upton I1 Smith Louise Clar¢ Blower Resigned Jun 2021 Borough Council App)intee Resign May 2021 Director (Minutes Secretsy) Dlrector Director Resigned Res1cd Mar 2021 May 2021 Resi8ned Jan 2021 Apr 2021 Director AppoiDtoJ Indep¢ndent Examiners: Abraham & Th)bell 230 Shirley Road Southampknn S015 3HR
Page 2 BURSLEDON & DISTRICT COMMUNITY ASSOCIATIOIY REPORT OF THE TrUSTEFS (CONfINuED) FOR THE YEAR EP4DED 30 JUNE 2021 OWEcfivES & AcrtvrriES Aims and Objectives The main aims of the charitable company) as set out on the Articles of AslatiOry which will be available under 'Policies' on the new website. are as follows: To promote the benefit of the inhabilants of Pi]ands Wo(xl and the neighbourhood that is the ish of Bursldon and that area of the rISh of Hound Known as Old Netley (hereinafter called 'th¢ Area of Ekn¢fit') without distinction of sex or of p)litical, religious or other opinions by associating the l(Kal authoritie& voluntary or8anisations and inhabilants in a common effort to advancr ¢du¥ation and to provid¢ faciliti¢s in th¢ intcrcsts of social Welfa for Tr¢ation and leisure time and Ction with obiecl of improving the conditions of life for the said inhabilants. aMI to ¢stablish or to the estab]isl)menl of a lmmunity centr¢ and to mainkn and manage, or to COperate with any I( authority in the maintenance manag¢m¢nt of such community centre for activities promoted by the charitable company in of thc above objects. Public Benefit Statement Our main activilics and who wc ty to help ar¢ d¢ribed above. All of our activitics at¢ undertaken to further our charitable purposcs for thc public benefit. In shapin8 our objcetives And planning OUT acl1vill, the trustees have considered the Charity Commission's guidance on public ben¢fil includinb7 the guidan¢¢ 'Public Benefit: Running a Chlty (PB2)'. AC1llEVEMETrs AIW PERFORMANCE Core Aim of the Bursledon & Dislriet Community A&8oeiAtioD The main aim of the AsyAKiation cnntinues to be to provide a welcoming and safe environment for the inhabitants of BurSled0 Pilands Wo(d and Old Netley, without distinction of s¢x, race. political, religious or sexual orientstion and by working together with the said inhabitants and the local authoritie4 voluntsry and other or82nisations for the vanceMent of good health and education and to provide sound and safe facilitieg to help improve the conditions of Ixfe for said inhabitants. Changey to the Board There have Eten a few changes to the Board this year &5 some directors hav¢ moved away frotn the area and new people have joined the We would like io thank tknse who have stepp&l down for their commitment and sUprL Events We have not been able to host any events this ye. Monthty 'Bzing a1 Buy. sales will be starting in the next financial year.
Page 3 BURSIII)ON & DISTRicf COMM[5N[ ASSOCIATION REPORT OF THE TRUSTEFS {cONflD) FOR THE YEAR ENDED 30JUNE 2021 ACHIEVEMENTS AND PERFORMANCE (CDNfINUED) AS for most organisation4 this b&8 been a second difficult year. Fortunately. we wffe able to secure grants from Eastleigh Borough Council. These have allowed us to remain finanetally viabl4 cL)ntinuing to pay the bills and the (rntrc managcr's salary through the various restrictions and lockdowns. Th% havin8 teeeived these grants we will be able to return to providing benefits to the local community as the r¢strirtions JilL FINANCIAL REVIEW The Ac¢ouDts "I'hc accounts have been prcparcd for submission to both The Charity Commission and Companics House in accordance with norn accounting pra¢tic¢. Thes¢ a¢¢ounts have been independently examined, &$ required by The Charity COMMI10 The trwt¢es' bankers are Unli TnL8t Bank, our accouni aIlows triple authority onlin¢ banking so that bills can be paid electronically with multiple signatories. The charilable company's insurers are NFU Insuran¢¢, with whom the Community Centre has insured the building for £2,400,000. The Board of DircctOTS would like to thank Marion Penn for th¢ unpaid time and effori that sh¢ has put into keeping our finances in good order. The Bursledon & DistrA¢t Community Association continues to generate a small surplus. The fees for hinng rooms in the Community Centre were revised during 2016117 lo ensure that they wovide a cornpetitive rnte for the users of the Centre, while enabling the Charitsble company to meet its financial obligations. The prices have IKen reviewed this year and no changes made. Cround Rents Bursl¢don & District Community Association pays a ground rent of £1 per year for a 999 year lease on the property to Eastlei8h Borough Council (F.BC). FundRDg The Centre aims to operate at a small surplus and as time goes 0 it is expected that the maintenance and capital investment in the building will be accon]plished by retained funds. Th¢ reserves are currently less than the "at le> 3 months" target agreed by the BogriL so budgets for thc forthcoming y¢4rs will be s¢t to ]ng th¢m up to at l¢ast thi3 l¢vel.
Page 4 BURSLEDON & DISTRI commuNy ASSOCIATION REPORT OF THE TRUSTEES (CONfllYuED) FOR THE YKAR EM)ED 30 JUNE 2021 FIiYANCIAL REVIEW (coNfiNUED) Prineipal Fundin8 Sourees Thc principal funding SOUTCCS for th¢ cbaritabl¢ company are CUentlY by way of hir¢ of the Centr¢. function in¢om¢ and fundraising. Iwhile this has been int¢mipt¢d by th¢ COVID-19 restrictions w¢ hope to 500n return to being fillly fillmled in this way. 1DvtnTr¢nt Policy Aside from retaining a prudent amount in reserves each year, most of th¢ charitable company's funds are to be spent in the sknrt terni so there are currently no fillids for long tenn investment. Re8erveq Policy and Charitable CompAny CFoing Concern It is the policy ot" the charitable company to aim lowards maintaining unrcstricted funts, whiGh are the free reserves of the charitsble Company* at a level where unrestricted funds will be sufficient to meet its outgoing expenses. The trustees of the charitable company are of the view that Bursledon & District Community Association is a going eA)nr£nL PLANS FOR FUTURE PERIODS Governanc¢ Policie Centre policies. including: bookings policy; coThlitions of hir¢: health and safety licY. equal OppOrtLitIcS policyg child FfQt¢¢tion FK)licy and all other PK)li¢ies of the charitable company are all reviewed regularly. Activitles of lh¢ Cbarity Prior to lockdown the Community Centre continued to be used by a number of groups, classes and clubs. incluthng ball¢L ]dge, yog4 sing]ng and Goshin JitslL Functions and events in the centre have not Lren ssIble this year. A nurgery been running in the Centre since Septemlxr 2017, incre&8iDg usage of the Cedar Room and providing a much n¢ed local s¢rvi¢¢. They have been allowd to retnain open throughout this year. The Cafe changed management in D¢rnbcr 2018. and is now nll]n1 3moothly und¢r new management, with a strong local reputation. The Community Centre The Buildin The process of identifying n]aintenance requirements and creating 8 rigorous maintenance schedule is ongoing.
PAge 5 BURSLEDON & DISTRICT COMMUNrrY ASSOCtATIOIY REPORT OF THE TRUSTEFS (cONTYED) 30 JUNE 2021 PLAIYS FOR FirruRE PEIUODS (CONTIIYUED) G¢neral l$$ues The website is k¢pt up to dat¢ via liaison between the Board and the centre manager. Adverts and updates are placed in the local 'Scene' magazin¢. A Fac¢book page for th¢ Community C¢ntre is active. Bar A full alcohol license has not EKen applied for, &s the previous liD$e was rarely used and the Board Considered this &$ unnece&88ry. Temp)rary licenses will be applied for if required. Chan e to Charitable In anisation At the AGM in September 2018 m¢Mtr8 approvcd the transfer of thc organisation to a CIO, this was in progress but was not yet finalised at the end of the financial year. This will simplify the rux)ning of the organisation as r¢w)rts will only need to b¢ made to The Charity Commission in futur¢, includin8 chan8es to the 8overning documents. ConEluslon The Board are continuin8 to investigate how the nllming of the Centre can be improved, includin8 ensuring that all regular maintenance is up to datr and ar¢ working to r¢it)state usase of the Ccntre as soon as this becomes feasible as lockdow) lifts. ffliUCTURE GOVERNANCE AND MANAGEMENr Cov¢rning Doeument 'I'he charitablc company was inwtporat¢d (m 15 Jun¢ 2012 and w&$ r¢8iSt¢r¢d as a charity on 7 November 2012. R¢¢rnitment And Appolntment The charithble company is adtninistered by a board of directors. including Parish Council and Borough Council r¢presentatives. Following an am¢ndm¢nt to tb¢ Memorandum of Association at a meeting in October 2017 the board is Struc &q followg.. Not less than l user group memFKr' not less than I community memFkr; not less than I council tnember" and not l¢&$ thall 5 individual members. There sllall not be more than 12 directors in tothi. Dir¢ctors, whether electeiL app)inted or ¢(ple are r¢quir¢d by law to act in tbe best interest of the charitable company and not the IKxly that app)inted them or from which they weTe co-c)pted.
Pag¢ 6 BURSLEDON & DISTRI commuNy ASSOCIATION REPORT OF THE TRUSTELS (CONTNIED) FOR THE YKAR EI¥DED 30 JUNE 2021 STRucfw CYOVERNAIYCE AND MANAGEME ICONTINUED) Trustee Inductlon and Tralnlng Trustees are familiar with the work of the charitable company, having new trustees meet with the Chairperson of the trustees, who provides a briefing on the charitsble company to include: the obligations of board members: the main documents which set out the operational framework for th¢ wciety. in¢luding the constitution; thc financia] p)sition of the organisation. including the 1&8t set of independently examined finaThcial staternents and funding status" and future plans and objectives. Rigk Management Th¢ irustces have examined th¢ major opffatioI risks which the charitable company fa¢¢5 and confirni that systems have been established to enable reports to be produ¢ed so that the necessary steps can be tsken to lessen these risks. Orgydnlsatlonal Strueture 'rhe charitable company Trustees (who are also the B08rd of Directors). comprising 7 member5 who meet at least 4 times a year, are reswnsible for th¢ mana8¢ment and administration of the charitsble company. RESPOIYSIBILrriES OF THE TRUSTELS IN RESPECT OF THE FINANCIAL STATEMENTS Company law requires the trustees to prepwe Financial Statements for each financial year, which give a true and fair view of the State of the affairs of the charitable company as at the Balance Sheet date and of its incoming rcsour3 alld application of r¢source4 including inLX)mc and expenditure, for the financi year. In preparing those Financial Statements the trustees should follow best practiL% and: sele¢t suitabl¢ accounting policies and then apply them consistently. make jud8ements atsA estimates that are reasonable and state whether applicable accounting standar&s have F*en followrf subjeci to any depthures dis¢losed in the Financial Statements" and prepare the Financial Statements on the going concern it is ]napat¢ to assume tbat the chantable emILY will wn11n on thai b's.
Page 7 REPORTOF T1 TRusfELS {cOD) FOR ]IIE YEAR ENDED 30 JUNE 2ff21 RLSPONSIBlllTIES OF THE TRUSTEFS IN RFSPEcf OF THE FNANCIAL srATEMEiwfs (CONTINUED) The Intss ar¢ reymsibl¢ for maintsining prow a(x4)unting Tor(L5 which disclosc with teasonabl¢ accuracy. at any time. the financial position of the charitsble comwiy and to enable them to ensure that the FInCIal Stat¢m¢nts comply with trK Comwie5 Act 2006 and th¢ Charitics Act 2011. Th¢ tntstees aR also rtsponsiblc for sofegwdin8 the assets of the charitable company and I)ee for takin8 rcasonabl¢ *cps for thc pYcv¢nuon and dde£iion of fraud and othcr irrcBularitiCS. Abraham & tknbell Were winted as the charitable company's IndeFndent Examiner and have expressul their willingness lo continue in thai capacity. Approved by the Board ofTrwtus on 7th Novanber 2Q21 and Jlgntd oll Its beh( by: CARY P ON PENN
Page 8 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FOR THE YEAR ENDED 30 JUNE 2021 I report to the charity trSteeS on my examination of the accounts of the clwitable company for the year ended 30 June 2021. RESPONSIBILITIES AND BASIS OF REPORT As thc charity's trusttts of thc company (and al its directors for the purposes of company law) you are responsible for the preparation of the Accounts in accordance with the requirements of the Cnmpanie¥ Act 2(M)6 ('the 2006 ALt'). Elaving satisficd mys¢lf that the accounts of the charitable company are not Tequired to bc audited under Part 16 of the 2006 Act and are cligiblc for indcpcndent examinatiorn l TCPOrt in respect of my examination of your chariLqble company's accounts as catried 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 Conllnission under section 145(5Xb) of the 2011 Act. INDEPENDENT EXAMINERS STATEMENT I have completed my examination. I confirni that no matters have come to my attention in connection with the ¢xamination giving me cause to believe tha( in any malerial respect: accounting records were not k¢pt ID r¢spKt of the charitable company as r¢quired by section 386 of the 2006 Act; or the accouots do not Cord with those records: or the accounLq do not comply with the accountin8 requirements of section 396 of the 2006 Act other than any requirement th the accounts give a 'true and fair view which is not a matter considered as part of an indepcndcnl examinatioffj or the accounts have not been prepar&1 in aLxordance with the methods and principles of the Statsment of Reconllnended Practi for accounting and rq)orting by ¢hariti¢s (applicable to charities Preparing their accounts in accordance with the Financial Rqxfftrting Standard applicabl¢ in the UK and republic of Ireland (FRS 102)).
Pag¢ 9 INDEPENDENT EXAMINER*S REPORT TO ]HE TRUSTEES OF BURSLEDON & DISTRICT COMMum A&SOCIATION FOR THE YEAR ENDED 30 JUNE 2021 INDEPEfrfDEiYf EXAMINER'S STATEMENT (coiYfiNuED) I have no concerns and have come across no otlw matters in com]ection with the examination to whiLh attention should be drawn in the rep)rt in order to enable a proper understanding of the accounts to be reached. 7 November 2021 D J MAIYT FCA ABRAHAM & DOBELL Chartered Aeeountxnls 230 Shirley Road Southimpton S015 3HR
Pag¢ 10 BURSLEDON & DISTRI commuNy ASSOCIATION FOR THE YEARENDED I JUNE 2021 2021 Total Funds 2020 Total Funds UDrGstriet¢d Funds Rcstrirt Funds Note INCOME Donations and legacies chitable activities 250 70,835 55,464 55,464 TOTAL INCOME 55,464 55,464 71.085 EXPENDITURE Charitable activities 54.571 54.571 68,131 TOTAL EXPENDITURE 54,571 54,571 68,131 NET INCOMEJNEf MOVEME IN FUIYDS FOR THE YEAR 893 893 2,954 RECONCtLIATIOIY OF FUNDS I I 'rotal funds brought foNi8rd 3,OT2 2,4(K),CKKI 2.403.072 2,400,118 Totsl funds ¢arri¢d forward £3,965 £2,4(X),(K)O £2,403.965 £2,403,072 The Sfratement of Financial Activities includes all ins and losses in the year. All ineome and penditsre derives from continuing aetiviti¢& The notss on pag 12 to 19 fom part of these Financial Statsments
Page 11 BtJRSLEDON & commuM A&SOCIATION BALANCE SHEET AS AT 30 JUNE 2021 2021 2020 Note FIXED ASSETS Tangible fixed Assets 2.401.632 2.402.176 TOTAL FIXED ASSETS 2.401,632 1402,176 C17RRENf ASSETS Debtors Cash at bank and in hand 2.141 18,468 609 15,849 TOTAL CURRENT ET8 20.609 16.458 LIABILITIES Creditors: Amounts falling due within one ycar 9 18.276 15,562 NET CURRE (LIABILfTIES) 1333 896 NET A&SETS 10 403.965 £2,403,072 Unresiri¢ted iWAMne fimds Resirlcted ineome funds 3.965 1400,IYJO 3,on 2,400,000 TOTAL FUNDS 403.965 Q403.072 For the year end 30 June 2021 the chaTitabk corntAny was entithyj to exemption from audii under tion 477 ofthe cannIeS Act 2(M)6 rclating to small cL¥npwnics. Dlrtdors, ffspx)nsibilitles: The membcrs havc not required the charitsblc Comwiy to obtsin an audit of its Ac¢4)unts for the peri in question in accordance with section 476: and Thc director5 acknowledge their rcsponsibiliti¢5 ftir rmplying with the fft4uirnents of the Act with respttt of 8ccountin8 records aThl the preparation of Account& These A¢nts h8v¢ be¢n preFwred in r£COr with the w0vis applicable to c4xnponies subi¢¢t to the small comgmnies, regim& Approved by ikn Board ofTrwttt¥ on 7t& NoveJDb¢r 2021 a•d slgD¢d on Its behalf by: GARY MARION PErqN COMPANY REGISTRATIONNUMBER: 08107642 The notes OR Pages 12 to 19 form pgrtof tkese FIRClaI SAatements
Page 12 BURSLEDON & DISTRicf commu ASSOCIATIOIY NOTKS TO THE FINANCIAL sfAIEMENIS FOR THE YEAR ENDED 30 JUNE 2021 ACCOUNTING POLICIES The principal aOUnting tK)licies are sUD]DSed LElow. The accounting lIC¢S bave been applicd consist¢ntly throughout th¢ year and in th¢ pr¢till8 year. (a) Bajlj of Preparation The Financial Statements have been prepared in accordanLX with Accounting and Reporting by Charitlcs: Stai¢ment of R)Mmended Prnctice applicable to charities preparing their Financial Ststements in accordance with the Financial Rewrting Standard applicable in the UK and Republic of ITeland (FRS 102) - (Charities SORP (FRS 102)), th¢ Trinancial Reporting Standard appli¢abl¢ in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Financial Statements havc bccn prpard under the historical cost nVentiON except for the ValU10n of inve51mcnt asscts. which are Sho at market value. The Financial Statemls include all transxtions, assas and liabilities for vthich the haritabl¢ company is responsible in law. (b) Income All illLome is includeAt in the Ststement of Financial Activities the charitable company is entitled to the income and the amount can be quantified with reasonable acCurY. The following specific policies are applied to particular categories of income: Voluntary income is received by way of donations and is included in full in the Statement of Financial Activitics when receivable. Donations and legacies are included in full in the Stsiement of Financial Activities when receivable. Investment incom¢ is included when receivable. Income from charitable activities is acwunt¢d for Jwhen earned. (c) Expenditure Expenditure is recognised on an aCcnlS basis as a liability is incurred. Expenditure includes VAT as thc Glwitabl¢ company is not VAT rc8iStered and is reported as part of the expenditure to which it relates. Charitable expenditlwe cornprises those costs incurred by the chaTitsble Company in the delivery of its activities and services for its beneficiaries. It includes both costs that Call Ix allocated dire¢tly to such activities and those cosls of an indirect nature necessary to support them. Gov¢rnan¢¢ costs include those costs associated with m¢eting the constitutional 8nd statutory r¢quir¢m¢nts of the charilable company and include the independent examiner. s fees linked to the strategic managcmcnt of the charitable company.
Page 13 BuRslM)N & DISTRI COMMUNITY ASSOCIATION NOIFS TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED 30 JUNE 2021 ACCOUNfiNG POLICIFS (CONfINUED} (c) Expenditure (Continued) All costs are allocated between the expenditure eategories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Cost5 relatirkg to a particular activity are allocated directly. others are apportioned on an appropriate basis. {d) Tangible FiTed Att$ and Deprttiatio Fixed &8sets arc slated at COSL less umulated depreciatioL The costs of minor additions are not capitslized. Lkpreciation is provided at rntes calculated to write off the cost of each asset over its expected useful life as follows: Lcasehold land and buildings Fixture4 firniture a1 equipment 25 % n¢t Ix)ok value No depreciatio as y¢ has been applied to the leasehold land and buildings, revaluation has been attanged via our insurance company but has yet to take pkn. (c) Fund AccouDting Unrestricted FU}S reEYesent the funds of the charitsble Lygmpany that are not subject io any restrictions regarding their use and are available for application on the general purposes of the charitable company. Kestricted F'unds are thoqe funds that can only IK used for parti¢u]at pur5¢5 Within the objtIveS of the charitable con]pany. Rcstrictions arise when specified by the donor or when funds are raised for a partICar purp)se. (D Debtors Any amounts owin8 to thc charitable cOMnY at 30 June in r¢spe¢t of income are shown as debtor& if and they arise. Ig) Short-T¢rm ikposits and Cash At Bank Short-terni de8]ts ile c&8h held on de51t or at the banL (h) Croditors Cre(htors are recognisd wh¢r¢ the clwitable compny h&$ a present obligation r¢sulting from a past event that will probably rcsult in thc transfer of funds to a third party and the amount to ¢ thc obb'gation (xn be measured or estim reliably. (i) FyDanciaR Instruments The ch2ritsble company only has financial &gsets and fuClaI liabilities of a kind that qualify &s blC financial instruments. Basic financial instruments ate initially recogllised at transaction value and subsequently measured at their setdement valu
Page 14 BURSLEDON & DISTiucf COMMUNTfY ASSOCIATIO (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021 DONATIONS AND LEGACIF 2021 UDrestricted Restricted Tot41 Funds Funds Fundg 2020 Tot841 Fund8 Donations 250 £250 INCOME FROM CHARITABLE ACTivrnL 2021 2020 Totsl Fund8 Unrestricted Regtrieted Total Funds Fundj Fund• Regular centre users Private fUtli0n5 Lease a8reements Events Other 3.439 91 39,8 3.439 91 39.908 16.752 2,486 36,087 11,966 11,966 15,510 £55,464 £55,464 £70,835
Page IS BURSLEDON & DISTRicf commuNy ASSOCIATION NOTKS TO THE FINANCIAL grATEMENTS (CONfINUED) FOR THE YEAR ENDED 30 JUNE 2021 ANALYSIS OF EXPENDIUTRE ON CHARrrABLE AcrivrriFS Total Funds 2n21 2(120 Staff Salaries Employws Pension Contributions Staff welfare Water F.lectricity 14,420 246 14,(KK) 235 50 2,026 8.856 2.158 1,059 1,858 1,336 l2,857 2.533 13,421 983 217 668 531 72 3,479 130 936 426 3(K) 1.016 1.197 3.222 869 2.414 Waste disp)sal Security health and safety Service charge Cleaning outsourced ConsumablecleAnIng supplies Repairs Gardening Software OtTice and generaI admin Telephone/Broadband Bank charges Insurdnce Advertising Professional fees and governance D¢pr¢Giation of fixlur¢s and fitt Depreciation of offi¢eJcafé equipmcnt 12,584 3,71S9 7,173 525 339 406 652 72 3,937 182 320 224 £54,571 £68,131 NET INCOME FOR THE YEAR 2021 2020 [klation ndependent Examiner's fee 544 984 726 936 The Independent ExaMin'S fee alK)ve of £984 refle£ts the costs incurra relating to the 30 J¢ 2020 ALxx)unts.
Pag¢ 16 BURSDoN & DISTRI COMMUNTTY ASSOCIATION NOTKS TO THE FINANCIAL STATEMENTS 30 JUNE 2021 STAFF COSTS AND NUMBEKS There were stsff costs of £14,420 (2020 - £14.(KX)) incurr&l in the year lSIng from dIrt efflployment. The average number of employees during the was l (2020- 1). TANCtBLE FIXFJ) ASSETS Fixture Furniture & Equipment Land & Buildings Total Cost At l July 2020 2.41K).(KM) 11,753 2,411,753 At 30 June 2021 2,4,() 11,753 2,411,753 Depreciation At l July 2020 Charge for the year 9,577 544 9,577 544 At 30 Junc 2021 10,121 10,121 Net Book Value8 At 30 Jun¢ 2021 £2,400,(M)O £1,632 £2,401,632 At 30 Junc 2020 £2,400,0 £2,176 £2,402,176 The leasehold prowty relates to a 999 year lease held by the cbaritable company on the tA)wford Centre at Bursledofy Hampshire.
Page 17 BURSLEDON & DISTiucf COMMUN[ ASSOCIATION (CONflED} FOR THE YEAR ENDED 30 JUNE 2021 DEBTORS 2021 2020 Trade debtors £2,141 £609 CREDrroRS: Amounts falling due within ODe year 2020 Tra& edItorS 4,451 8.625 79 5,121 6,822 8.625 70 45 PAYE £18,276 £15.562 10. ANALYSIS OF NET A&SETS BETWEEN FUNDS 2021 Total Funds 2020 Total Funds Unrestricted Restrlcted Funds Funds Tangible fixd assets Current &8sets CuTht liabilities ,632 20,609 (18276) 2.4Th),(KK) 2,401.632 20,609 (18,276) 2.402.176 16,458 (15.562) Ful Eknces at 30 June 2021 £3,965 £2.400,IXIO £2.403,965 £2.403.072
Page 18 BUKSLEDON & DISTRicf COMMUNrrY ASSOCIATIOFI NOTFS TO IHE FINANCIAL ATEMEN]s (coNtMJED) FOR THE YEAR ENDED 30 JUNE 2021 11. ANALYSIS OF MOVEMEMS IN FUNDS AND FUND DETAILS At Incoming 01.07.20 Resources Outgoing Resour¢¢$ At 30.0&21 Unrestricted Fund$ General funds 55,464 54,571 3,965 Total Unrestrleted Funds 3,072 55,464 54.571 Re$trAeted Funds Leasehold building 2.4(X),000 Total R(¥Jtri¢td Fund8 14(K),(XX) 2,400,000 Totsl Funds Q403.072 £55,464 £54,571 £2,403,965 Unreslrided Funds These are funds which thc charitable company is free to spend on any of its tiViti¢S. The tsijstees Can desA8nate unrestricted fimds for a particular purpose. Restrieted Fundy Thc5c arc fun&s which th¢ charitsble company Gan onty str1 on a purpose dctcrn]in¢d by th¢ tem]s on which thc fimd 13 rcccivcd. The restrictd fund relates to the i>)9 year le&sed prorty held on The Lowford Centre, Bu[sled0 which can only distKJs¢d of with FAstieigb Borough Council's perniissio The whole of the restricted fimd arises as a Ksult of a revaluation of The Lowfotd Centre to £2,4(KI,(KIO, wbicb was carried out by the tnLths in aprior year.
Page 19 BURSLEDON & DisfRICT commu ASSOCIATION NOTFS TO THE FINANCIAL STATEMEN13 {CONfNuED) FOR THE YEAR ENDED 30 JUNE 2021 12. TRUSTEES. REMUNERATION AND EXPENSLS No triL8tees received any remuneration in the year (2020 - £nil). 13. STATUS The charitable company is limi1 by guarantee.