2021-03-31-accounts - Northampton Abington Community Association

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INDEX		Page
Legal and Administrative	Information
Report ofthe Directors		2-8
Independent Examiner's	Report
Statement of Financial	Activities	10
Balance Sheet
Accounting Policies		12
Notes to the Accounts		13-15

		Notes	Unrestric	Restricted	Total	Unrestricted	Restricted	Total
					2021			2020
Income and endowments		from:
Donations and legacies			34,225		34,225	583	3,250	3,833
Charitable Activities			2,405	1,827	4,232	46,330	13,515	59,845
Investments			804	5	809	1,020	5	1,025
Other
Total income and endowments			37434	1 832	39266	47,933	16,770	64,703
Expenditure on:
Raising Funds
Charitable Activities			43,995	2,846	46,841	60,015	16,531	76,546
Other
Total Expenditure			43995	2 846	46,841	60,015	16531	76,546
Transfer between funds
Net movement in funds			(6,561)	(1,014)	(7,575)	(12,082)	239	(11,843)
Total funds brought	forward	held by Groups		3,767	3,767	-	4,502	4,502
Total funds brought	forward	held by NACA	114,848	5,908	120,756	126,930	4,934	131,864
Total funds carried	forward		108,287	8,661	116,948	114,848	9,675	124,523

NOTES	NOTES	THE ACCOUNTS	THE ACCOUNTS
							Unrestricte		Restricted	Total		Total
										2021		2020
Note	1	Charitable Activities
		Storage						91			91	391
		Subscriptions										497
		Other Social	Events					10			10	510
		Outings										239
		Room Hire					2,208			2,208		41,543
		Sundry						4			4	1
		Groups							1,827	1,827		13,515
		Canteen						92			92	3,149
							2,405		1,827	4,232		59,845
Note	2	Charitable Activities
		Employment	Costs				24,	194		24,	194	27,393
		Printing, postage,		stationery		and advertising		448			448	1,219
		Telephones					1,604			1,604		1,434
		Subscriptions	donations		and	presentations						171
		Rates and water rates						184			184	799
		Heating and	electricity				2,478			2,478		5,880
		Marketing, publicity										288
		Insurance						799			799	843
		Leasehold Rent						240			240	240
		Repairs and	renewals				4,048		300	4,348		10,007
		Cleaning expenses					2,	190		2,	190	2,802
		Outings										530
		Social Events					1,340			1,340		1,221
		Groups Expenses							2,546	2,546		13,531
		Sundry expenses						53			53	815
		Canteen Purchases						285			285	2,044
		Governance	Costs
		General expenses		- (incl	payroll charges)			764			764	901
		Professional	Fees					983			983	2,023
		Independent	Examination					594			594	615
		Depreciation					3,791			3,791		3,791
							43,995		2,846	46,841		76,547
Note	3	Employment	costs
		Gross salaries					23,785			23,785		27,154
		Employer N	I
		Employer Pension						409			409	189
		DBSChecks										41
		Travel										9
		Training
							24,194			24,194		27,393
		There are no	employees		being paid		in excess of660,000 per annum.

Note	4	Tangible	Assets	Assets			Furniture	Total	Total
							Equipment	2021	2020
									E
		Cost
		Brought forward					51,289	51,289	51,289
		Additions	during year				15,301	15,301
		Disposal
							66590	66590	51,289
		Depreciation
		Brought forward					45,946	45,946	42,155
		Charge during		the year			3,791	3,791	3,791
		Disposals
							49,737	49737	45,946
		Net Book value
		Balance	at 31.03.21				16,853	16,853
		Balance	at 31.03.20						5,343
								2021	2020
Note	5	Debtors
		Rents in	arrears					2,157	2,004
		Payments	in advance					1,565	1,589
		Balance	Held by CVS
		Sundry Debtors						1,483	2,776
		HMRC
								5,205	6,369
						Unrestricted	Restricted	2021	2020
Note	6	Investments				E
		National	Savings Bank				671	671	666
		Market Harborough			Building Society	48,726	4,942	53,668	53,019
		Virgin Money				30,000		30,000	57,000
						78,726	5,613	84339	110,685
Note	7	Creditors
		Amounts	falling	due	in one year.			(3,854)	(3,234)
		Accruals						1,506	2,637
								5,360	5,871

NOTES TO THE ACCOUNTS	NOTES TO THE ACCOUNTS
Note 8	Designated Funds
	Designated funds are	funds		set	aside			by the trustees				out of unrestricted							funds			for		a
	specific purpose.
								Balance at		Movement					Movement						Transfer					Balance
								01.04.20				In			Out											31.03.21
											E					E
Building	refurbishment provision								8,441								941									7,500
	Northampton Borough	Council			own		the		building, but		fitting			out	the	building				for use				is
	the responsibility ofthe		NACA.
	The building fund has	been		designated					by the trustees				to	cover fitting				out		any new
	building or ifthe expected development								does not	take		place refurbish						the		old	building.
Note 9	Restricted Funds							Balance at		Movement					Movement						Transfer					Balance
								01.04.20							Out											31.03.21
	Mon/Wed Bowlers
	Tigers &Cubs Childminding			Group					18					9				(20)								7
	Craft Group								12					1												13
	Phoenix Club								373				1,793		(1,926)											240
	Over 55's								297																	297
	Table Tennis Fund								352					23												375
	Railway Group Fund								23																	23
	Youth Group Fund								139																	139
	Acorns Playgroup								5																	5
	Folk Dancers								51																	51
	Xmas Day								666																	671
	Canteen Welfare Fund								5																	5
	Hollowell Steam Rally	Trust							250								(250)
	Bowls Group Fund								4,078									(50)								4,028
	Sunny Smiles								32																	32
	Camera Club								2,658								(602)									2,058
	Art Group								716																	717
									9,675				1,834				2,848									8,661
	Held by NACA for Groups								5,908																	5,613
	Funds held by Groups								3,767																	3,048
									9,675																	8,661
Note 10	Trustees
	During the year the trustees received no remuneration. The total expenditure reimbursed to trustees amounted												to	f22 (2020:E4)
Note 11	Operating Lease Commitments
	On 30th March 2012 Northampton					Abington Community							Association					entered			into			a	30
	year lease agreement	with Northampton							Borough	Council				with	an	annual				payment					of
	f240
Note 12	Ultimate Controlling	Party
	The charity is under the		ultimate			control			of its trustees,				whose		names			are		listed			in the
	Annual Report.
Note 13	Related Party Transactions
	Related party entries are any payments								to Northampton				Borough			Council,				as	a		statutory
	member, plus payments		to	Vlad		Kreicberga now				estranged				husband				of board			member/trustee
	Aleksandra Kreicberga		totalling		fnil		(2020:f485)			.The			items have				been		charged					at	very
	reasonable rates and	oRen		minor		items			has not been			charged			for.
	It should also be noted		that	Olga		Karlasova the mother							of	Trustee			Aleksandra					Kreicberga
	remains and Anastasija		Kreicberga				the		mother in	Law			ofthe same				director was						also
	employed during 2019,		but	has	now		leR the staff			ofthe			association.
	Olga Karlasova earned		F5,068		(2020:F5,108)and Anastasija										Kreicberga					anil (2020f4,008),
	during the year.