Charity No. 1151528 MATTERDALE COMMUNITY ASSOCIATION FTNANCTAL STATEMENTS PERIOD ENDED 311t TrtARCH 2021 Trustees. Annual Report for the period PericwJ 3tsrt datE Ptsfiod end date From 01 2020 To 31 03 2021 Section A Reference and administration details Charfty nam• MATfERDALE COMMUNITY ASSOCIATION Rogl$t•rod charlty number 1151528 Charlty'• wlncipal addrn•$ The Old V￿arage Matterdale Penrith G411 OLD Nameg of tho charlty tru•t••s who manage th8 charlty Dal•• •ct•d ff tor**ol y￿r Trw5t•6 nam• Offlc•111 I￿) Varonica Gore Chair Jane Newport Mark Nixon Seffetary Treasurer Wictoria Blease Resigned 1215r21 Emma Bray Brian Clark Peter Crofts Paul Goodman David Harrison Paddy Palmer Lucle Stockdale Appointed 2914r20 10 Section B Structure, governance and management Dascrlption of tho char5ty'S trusts Type of governing document Constitution dated 1511113 How the charty18 constituted Charitable 1ncorwr8t￿ Organisat Trustee selection methods AppTh"ntrnent by existlng tiustees Section C Objectives and activities Summary ofthe oblects of th• charity Jet out in Its govornlng document (1) To womote for the benefft ofthe inhalytants of Matterdale and adjacent parlshes without distindion of 8ex. Sexual orientstion, race or of pollts'cal, relKJiou6 or other opinions, by a$socialing tcfvJethertrte said inhabitants and the local authoritiès. voluntary and other organi8ation8 In a common effort to advance education and to provide facllities in the inte￿Sts of soGial welfare for recrwddon and other leisur8 time occupations with the objects of improving the Conditio￿ of lrfe of the said inhabitant6. (2) to establth or geeur• the establishm8nt of a community centre Iheffjinafter called Iha centre) ar￿￿ to maintain and manage tha same (whett￿r alone or In COwoper8tion wtth any local authority or person or body) in furtherance of these objects. (3) To advance educ*ion for the benefft of the public through the provision of educational grants to young people underthe age of 25 who are resident in Matterdale with any funds thai are not required foi the maintenance or development of the property. Summary of the maln activitles undertaken for the public benefit in relation to these objects Publlc Benofft Trustees COnfi￿n thal they hav8 had regard to the guidance issued by the Charity Commission on wbliG benefit as aGti￿tieS have been planned and undertaken thin the obj'ects of the Matterdale Community Association during Ihe period covered by this Trustees Rep)rt (April 2020 to October 2021). Please 888 tha summary of the main activittes in S8¢iion D below. Section D Achievements and performance Summary of the maln achlevemonts ol th• charlty durfng tho yoar A¢liville• April 2020 to March 2021 Admlnl•tratlon & Communl¢atlons The tru8t888 met apy0￿Ma1efy every months on Zoom, apart from one socially distsncéd meeb'ng in the Autumn 2020 when coronavirus restrictions allowed rt. It has bean po58ible to conduct busine88 in this way despite the pandemic. Communicab'on to member8 has been via emails, Matt8rdai• Nextdoor and the web8rte. The website Is managed by HeSen Holland, a member of MCA. wth support from Andr8w Tumer, al80 8 member of MCA. Emails and Nextdoor notifications are Sent out regularly by Jane Newport, MCA Secretary. Thanks to all for their hard work and commitment. Durfng the year on8 trustee, Paddy Palm6r, was cO￿pted and that appointment confimed at the AGM. Thanks to Paddy for taking on responslbility for providing the Minute6 for Truste8 meetings. One trustee, Victoria Ble886 slofyj down 8ubsequent to thè year 8nd. Our thanks to Victoria ts her contrib )ulion to the Association. Communlty Hall Two trustees of MC& Veronica Gore and Jane Newport. have been MembeT5 of the planning group of the Matterdale School Foundation working with the Archrtects 2030 on the concept and design of th8 new Centre. The work had teen curtailed as a result of the coronavirus pandeml¢. but over the year a modified design was agreed upon by the planning group. Th8 new design was ￿￿Trted to ￿ community electronicalw and on Parish nOti￿tX)ar￿s in the Autumn 2020, and feedbad( on the new desrgn was positive overalL The Architects, working wtth the ￿annIng group. prepared a planning application which was submitt8d to the Lake District Park Planning Department in late De￿mber 2020. A 8ignificant number of comments were received from members of the c(¥nmunity in favour of the plannirYJ application with one or I￿0 expre8sing ¢oncems or disapproval. Communlty Events Over the course of the year MCA has organised a series of event$ online, and outdoors. The ￿annIng and organisation aro undertaken by the Wirtual Villag8 Hdl Committee which is a 8ubcommitt8e of MCA. Onllne events have inGluded.' a morrthly film ¢lub'. • bi-monthly quiz.. a number of cookory ma8t8r classes., a Made in Matterdale Fair" and a number of informal gatherings. A monthty photography club was e8tablish8d. photographs were posted on a Nextdoor Group and a local person chose 8 they liked 6ach month which will go to form a Calendar for 2022. MCA has set up Nature Watth Group with the aim of understanding the flora and fauna of the valley and wkdch is sharing inforniation ￿ Cumbria Biodiversity Data Cèntre. Various walks have been organls8d which provided information on the historical, environmental, and Gultural lrfe of the valley. An outdoor weekjy frtness class has aL80 been Set up. although this had to stop for few months during the third lockdown. An Adv8nt colloction was made for a lotsl food ban Some planned év8nt8 had to bo rAne8118d as a re8uIt of the parKlemlc'. a Made in Matterdale. Chrthas Fair, a Christma8 Baka-off, and a Bonfire Night event. MCA h88 o)ntinuod to supwt and advarti80 Othor local Inf(iatives.' the FrierKJs of Ullswater Way (FOUWJ Knowledge Hwitage Website and talks., Another Way environmentsl charity. everts in other village halls. Our thanks to all memb8r8 of the Virtual Vllla98 Hall Committ68 IWHC), but parti'cularly the Chair. Nick Ratcliffe and Vice-chair, Helen Reed. Activllie8 Aprll to November 2021 Communlty Hall The planniNJ application was approved by th8 Dev8lopm8nt Control Committee on 8 Akyil 2021, wrth a few, reSatNely easily achievable, condftion5. Two further MCA trugtees, Emma Bray and David Harrison, hav8 joined th8 MSF planning group, together wrth MCA member Mithael Reed Thi8 group has contTnued to work on the detail of the design, has employed a Quantrty Surrfeyor, undertakèn needed surveys, and congidered possible drtional funding r(xrtes. The costirpJs frrxn the as were significantly more than anticipated, in part due to significant increases in labour and building materiai costs. A xaled dcrtvn desi9n is beiNJ prepared for consMlerats"on. Communlty Events Coronavirus lockdown restTicbon$ began to ￿ gradually lifted from Apr 2021, but MCA continued many of its events online or on zoom untd th8 summer 2021. OnGe gatherings in FErson could take place MCA organised a successful Summer Day, a summer bake - off, and further outdoor walks. Tr steel band was able to start meettng wee￿Y again, and a quiz in the pub Is p1anr￿￿ for the end of OGtob&r. Further in person events are p1anr￿d for the rest of the year. Section E Financial review Flnanclal R•vl•w The MCA generated a surplus of £22 for the year to 3111 March 2021. R•sOrV￿ Pollcy It is the pollcy of The Charity to hold a level of rè8•rrfe8 8ufficient to maintsin it8 e4JThent1ovel of activiti88 in tho follNing year. Section F Declaration The trustees declare that Ihey hav¢ approved th• trustoes, report above. Slgned on b•half of tho charlty's tru•l•e• 8ignature(s) Full namels) Posltlon Veronica Gore Chair I•ATTERDALe COMMUNITY ASSOCIATION Annual accounts for the To Chwity ND riod PeTr)J oTr1 1151528 31103r2021 Section A Statement of financial activitiès Rostrlcted UnTgstrldod Inc(KD• Endowmeftt Total thi• Total l••t fund• fund• fijnd Rocofflm•nded c•tegories ty actlvlty Incomlng re8our¢e8 (Not• 3) Incomlng r•sourcM lytyn g•n•ratgd fund* urrtwy In￿rr￿* F01 F02 F03 F04 FOS 851 212 InwiLWt Incow In¢omlno r••ourr•• fml charlt•blo #ctfvkb Othgr Incomlng MOI 187 187 838 838 R••ourc4• •xp•nd•d INot•• 4) CD•l• ol Q•nw•tlry Fund• Im8tm•nt m8nw* ¢x• Ch•fltablg •cllvlil• 816 816 962 Totsl rnsourcos •xpond•d Pl•tln¢omlnWfoutyoingJ bolorn 816 816 22 769 Groo8 tran8f•t¥ b•tWoM fund• Not In¢Wn1n￿(0￿t9O1n9j rgsourc•6 b•for• Oth￿14¢09￿1$•d 9a1n•](lO￿￿j Olh•r rncognlg•d galnslll0￿O5I Gains and losses on reV8Iuati￿ offixed assets k•r the sha￿ty,3 ovm use Gains aFKI losses on Investmeffl assets 769 st7 S18 Ngt movem•nt In funds sJ9 Totsl fundg brought forward rotsl lunds eanf•d ffonvard s21 22 3.298 3.320 789 2,529 3,298 3,320 Section B Balance sheet os Ic Urntrlcted in¢m End0vffl￿ Total Trrtoj lajt funds funds fun(ts yoar y•ar Fixed assets Tanglbl• a88ets F01 F02 F03 F04 FOS Inv88lments Totalffxed4ssets P Current assets Stock and work In progre¥s D•btorn (Not• S) Short terrn) Invo•trnonts ash at bank and In hand Total cunvnt assets 3,27 Cr8dltOf8: amounts falllng duo wlthln ono yoar Bio N•t cuff•nt assotsl(Ilabllltl•s) B11 Tot•1 ￿•ts l•ss currnnt Ilath'llll•s 812 Creditorn: I￿￿Unts lalllng dw •ft•r one year Provlslons fof1SabllltleJ and charges 813 ••s•ts B15 Funds of tho Charlty Unrestrlct•d funds 818 3,298 298 22 2,529 769 B17 Restrlcted Income fund¥ Endowmont fund# Bl9 Total fund• Signod by one tru¥tee on t4haff of tr tru8t6e8 rthre Print Name Dats of M A NIXON Sectioii C Notes lo the accounts Note l Ba•1• of pr•paratlory 1.1 Basis of •¢counting Th989 accounts hav• baon prepw*J É)n th• ba¢18 of hi8knic c￿1 l•xe¥ that Invo8knents are 8hDwn at market value) In accordan￿ %Mth'. . AGGounling Bnd Rppjrtsng by Charflles- Statwnent of RecommerKknJ Prgdca ISORP 2005},' gnd vAth AC￿￿ntIng Standards.. . #ntj w6th tho Chgrth88 Act. 1.2 Chang• In bash of a¢Gounllng There ha8 be•n chang0 10 the •ccountlny (v8luatton ru* and mathL￿5 of rnntlng) last ￿ar. 1.3 Chang•9 to prov10￿ accounts No chgng•s have bean m&J8tr) accounWfor y4ar4. Section C Notes to the accounts contl Note 2 Accounting policles rhls stsnd•n*llst of 4Keountrnq policies has boèn applledby the ¢harfty*xwf for those d•l•l•d. Whwo a dlffèrnntor •ddltlonalpolicyhas b••n adgPt•d th•n thls 13 d•(•ll•d In tho box l*low. INCOMING RESOURCES Recollttition of incomino rèsoure These or• Induded StaMi8N of Fknanual A(tsib•S ISOFAI when.. the trustees are virtually certain thev r￿1ve the re50urces," the monetsrv ¥alue ￿ be measu￿1 ￿ ￿fficIent reliatillty. Where in(¥)miThJ ￿$oUrceS have related exp*Nlltur& {¥$ with fundraising or wnts8L* in￿rne) the incoming resourw and related experthre are reported gros$ in the SOF Grants and donations are or4y inckKlgJ In thè SOFA th th8 charty has unconditsonal entit￿nI to the resourra. Incomlng re8ourEes from tax redthns we indLvtsI the SOFA a the sknie tlme as the gfft to whlch they ￿late. Thls Is ¢Jnly IncludBd in Ihe SOFA the relthd goodj or •eryke* have b8•n dolivernd. Incomlng rn8our¢w vthh roloted •xp•ndlturn Grants and donatior Tax r•clalm¥ on donAtlonJ and gifts Contractual Incom• and porfomi•nc• r•l•tsd arants Gfft• In klnd Gifts In kind are accounted fry gt a e8tlnuts of th•ir Val￿ to chfjrfty or the amount a¢kndty reall¥ed. Qffts in kThJ for Sa￿ ￿ dthibullon ￿ Ind￿ In tho a¢cixmth a& grfts only whon Bold or dtstn'buted by the ¢writy. Gifts In kor￿ for use ty the we Ir￿J￿ In ts SOFA as Inwmhg resourc¢s when Don*t•d ••rkn •nd f*¢llltl These are only Induded In Inc4Nning resouw Iwlth an 8qLtrdlenl amounl In resourrks exp•ndedl wtt•r8 the bonelti to the charity Is r8a8cfiabty quanliflabl8, measurnble and matsrial. Tho valuo placed on these resources Is Ihe estimated value to the chadty of the Serwce ty faallly re¢elved. The v81ue ot any vclun1￿ r•cknd not Induded In the aiKounts but 1$ deB￿b•d in t trnst¢es' annual rèwrL Inv•8tmont In¢om• Thi$ is Induded In the •XAiunts re￿￿￿. In¥￿tffi0nt o•ln8 arnl lo••M Thls IrKlude8 any galn or kJ¥8 ol In¥eStM￿ and any oaln or ths mu￿n9 from revaluing inveslJnents to mwket value at the end of the Jwr. Volunts•r h•lp EXPENDITURE AND LIABILITIES Uablllty ro¢ognlllon abilbts'es aye fecognlsed 85 0$ ffw• Is a10901 or ￿•trlth oklw'on Commit￿ng th• charrty to pay out resourcu. Inthde cx)sts of the p￿paratIon and examinatson of statiiiory acctyJnl$, the ¢o¥t$ of IruBt•• meethngs and c¢)¥t ot any legal to tru¥lees on goveman¢e or constitutstinal mattorfy. Grnnts with wrtornMnc• Whero the charity ts a grant with for ib paym8nt bèing a specific lo￿1 of gervi¢e ¢ondltlon• or OLrtput to wowided. suth gr8nls are (mty r￿ft￿d in the SOFA on¢8 the recipient of the gr8nt h86 pra￿ded tho S￿>￿e￿J or ouw These are onty recognL8ed in the accoun1¥ a comnvtmenl ha$ bettn made •nd there ar• no condltk)ns to te met rebong to the orant remain In the GontrDI ofthe Qharity. SupF(Jrt costs Indutte central funGtions arKI have been alkjcaled lo activity cost catègorio3 on basi5 C¥)TWSt¢ni the use of res￿r￿, eg atlocatiTrJ propety ¢o$ts by fftoor ams, or PT c£pita. staff costs ty the time sp•nt and other costs by tr* u8aga. Govomanc• CN Grants payable wlthout rforrnanc• condltio Support C<>sts ASSETS Tangible 11xed assets lor These are caixtslised can te used fDr mDTe than yeol, Gogt at least £500 They by rharlty *e valued at cost or a reasonable voth on recapt. Inv68th1onts Investsnenty on a rewised $tc*k exthange are Valu￿ at marttet valLte at the yegr and. Otryer 1rNeStr￿ assets are induded at trustees, b&ryt esttmat8 (rf market Nalue. Stock¥ end worf( In progr•¥J These ￿ Y￿Ued at tho iw of cost cr maJket value. sec.tion C NOIL'S to tlie accouiit5 Not• J An•lr4h of In¢omlng re•ourt Thkn yoar La•ty••r VoluTrtary incom0- Unmtrlctsd FundB 533 11 170 42 Grft￿ulSrn￿I Tax Voluntsry Incorn•- R••trltt•d Incorn& Fundx Totsl In¢omlng mOUff¢•• from r ¥nd fc