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|||~Pa e|
|---|---|---|
|Report ofthe Trustees||1-9|
|Independent
Examiners'|Report to the Trustees|10|
|Statement ofFinancial|Activities||
|Balance Sheet||12|
|Notes to the Financial Statements||13-21|
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|Charity Name:|Charity Name:|Charity Name:|||Primrose
Community|Association|Association|
|---|---|---|---|---|---|---|---|
|Charity Registration|||Number:||1152861|||
|Company|Registration|||Number:|08555227|||
|Registered||Office &|||Lambton Terrace|||
|Operational||Address:|||Jarrow|||
||||||Tyne and Wear|||
||||||NE32 5QY|||
|Bankers:|||||Barclays Bank pic|||
||||||I -3 King Street|||
||||||South Shields|||
||||||Tyne and Wear|||
||||||NE33 1DA|||
|fndependent||Examiner:|||E.J.Hartshorne-Ferguson||BAFCA|
||||||Bell Tindle Williamson||LLP|
||||||The Old Post Office|||
||||||63 Saville Street|||
||||||North Shields|||
||||||NE30 IAY|||
|Association||Treasurer:|||S.P. Chilton|||
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|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||Funds|Funds|2022|2021|
||Note|g||g||
|INCOME:||||||
|Donations
and Legacies||21,783||21,783|59,875|
|Income &om Charitable
Activities|4|25,325|2,702|28,027|4,480|
|Investment
Income||||||
|Interest on Cash Deposits|||||120|
|Income from Other Trading Activities||||||
|Coffee Bar||17,784||17,784|1,651|
|Facilities||23,810||23,810|2,531|
|Sundry Income||124||124|21|
|TOTAL INCOMING RESOURCES||88,833|2,702|91,535|68,678|
|EXPENDITURE:||||||
|Costs ofRaising Funds||||||
|Cost ofGoods Sold and Other Costs|5|7,526||7,526|1,767|
|Expenditure
on Charitable
Activities|6|74,159|4,257|78,416|111,613|
|TOTAL RESOURCES EXPENDED||81,685|4,257|85,942|113,380|
|NKT MOVEMENT IN FUNDS||7,148|(1,555)|5,593|(44,702)|
|RECONCILIATION
OF FUNDS||||||
|Total Funds Brought Forward||85,348|9,939|95,287|139,989|
|TOTAL FUNDS CARRIED FORWARD||92,496|8,384|100,880|95,287|
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||Note|2022|||2021||
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Tangible assets|13||16,586|||20,012|
|CURRENT ASSETS|||||||
|Stocks|14|215||101|||
|Debtors|15|4,615||10,430|||
|Cash at Bank and in Hand||91,659||103,107|||
|TOTAL CURRENT ASSETS||96,489||113,638|||
|CREDITORS - AMOUNTS DUE|||||||
|WITHIN ONK YEAR|16|12,195||38,363|||
|NKT CURRENT ASSETS|||84,294|||75,275|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES|||100,880|||95,287|
|FUNDS OF THE CHARITY|||||||
|Unrestricted
Funds|17||92,496|||85,348|
|Restricted Funds - Other|17|||||2,000|
|Restricted Funds
—Section Accounts|17||8,384|||7,939|
|TOTAL CHARITY FUNDS|||100,880|||95,287|
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||||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||g|g|
|Grants|||||||||
|HMRC CJRS Grants|||||1,705||1,705|13,633|
|Local Authority||Grants|||16,000||16,000|44,522|
|Donations|||||||||
|Primrose|Community||Enterprises|Ltd|2,000||2,000||
|General|||||2,078||2,078|1,720|
||||||21,783||21,783|59,875|
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||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|
||||K||
|Events|282||282||
|Section Receipts||2,702|2,702|449|
|Activity Groups|||||
|Membership|1,841||1,841|732|
|Indoor Bowls|5,362||5,362|402|
|Squash|12,854||12,854|2,897|
|Toddlers|3,252||3,252||
|U3A Bowls|51||51||
|XYW|1,000||1,000||
|Atoria Sci-Fi|641||641||
|Mayors Award|42||42||
||25,325|2,702|28,027|4,480|
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||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|
||||g|g|
|Cost ofGoods Sold and Other Costs|||||
|Coffee Bar|7,526||7,526|1,767|
|EXPENDITURE ON CHARITABLE|ACTIVITIES||||
||Unrestricted|Restricted|2022|2021|
||||g|g|
|Events|151||151||
|Section Expenditure||2,257|2,257|915|
|Wages and Salaries|29,362||29,362|23,776|
|Stationery and Postage|1,131||1,131|1,183|
|Telephone
and Internet|3,626||3,626|1,295|
|Heat and Light|19,437||19,437|10,715|
|Water|(1,834)||(1,834)|8,130|
|Rates|1,098||1,098||
|Insurances
and Licences|2,172||2,172|1,320|
|Building
and Equipment
Maintenance|4,623|2,000|6,623|48,754|
|Cleaning,
Laundry
and Refuse|5,393||5 393|4,070|
|Professional
Fees|619||619|475|
|Independent
Examiners Fees|1,860||1,860|2,016|
|General Expenses|462||462|26|
|Loss on Disposal ofFixed Assets||||318|
|Depreciation ofEquipment|3,541||3,541|6,102|
|Depreciation ofCoffee Bar|2,518||2,518|2,518|
||74,159|4,257|78,416|111,613|
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||||2022|2021|
|---|---|---|---|---|
|||||g|
|This is stated after charging:|||||
|Independent|Examiner's|Fees|1,860|2,016|
|Loss on Disposal ofFixed Assets||||318|
|Depreciation|||6,059|8,620|
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||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|
|||||||g|
|Wages|and|Salaries|29,362||29,362|23,776|
||||29,362||29,362|23,776|
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|2022|2021|
|---|---|
|Number|Number|
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|||||Coffee|||
|---|---|---|---|---|---|---|
|||||Bar||Total|
|||||g|||
||COST||||||
||At 1stApril 2021|||25,178|37,399|62,577|
||Additions||||2,633|2,633|
||Disposals||||||
||At 31stMarch 2022|||25,178|40,032|65,210|
||DEPRECIATION||||||
||At 1stApril 2021|||15,948|26,617|42,565|
||Charge for Year|||2,518|3,541|6,059|
||Disposals||||||
||At 31stMarch 2022|||18,466|30,158|48,624|
||NET BOOK VALUE||||||
||At 31stMarch 2022|||6,712|9,874|16,586|
||At 31stMarch 2021|||9,230|10,782|20,012|
|14.|STOCK||||||
||||||2022|2021|
||Coffee BarStock||||215|101|
|15.|DEBTORS||||||
||||||2022|2021|
||||||g|g|
||Trade Debtors||||50|200|
||Primrose
Community|Enterprises|Ltd||2,930|7,163|
||Prepayments||||1,635||
||Other Debtors|||||3,067|
||||||4,615|10,430|
|16.|CREDITORS||||||
||||||2022|2021|
||||||g|g|
||Amounts
due within|one year:-|||||
||Accruals||||12,163|38,363|
||Social Security and Other Taxes||||32||
||||||12,195|38,363|
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||At|1st|~Incomin||Resources|At 31st|At 31st|
|---|---|---|---|---|---|---|---|
||~Aril|2021|Resources||~Kx ended|March|2022|
|Unrestricted
Funds|85,348||88,833||(81,685)|92,496||
|Restricted Funds
Northumbrian
Water||2,000|||~(2.tl00|||
|Restricted Funds||||||||
|Section Accounts||||||||
|Afternoon
Carpet Bowls||120|||(120)|||
|Indoor Bowls||1,942|455||||2,397|
|Squash Maintenance||505|1,753||(188)||2,070|
|Residents
Association||1,228|||||1,228|
|Toddlers||398||64|(261)||201|
|Wednesday
Night Ladies||16|||(16)|||
|Friday Dance||4|||(4)|||
|XYW||63|||||63|
|Youth Club||469|||(469)|||
|Bar Social Fund||2,666|430||(671)||2,425|
|Mayors Award||507|||(507)|||
|Women's Festival||21|||(21)|||
|||7,939|2,702||(2,257)||8,384|
|Total Funds|95,287||91.535||~85,9423|1tl0,880||
|Unrestricted
Funds - General||||||||
|These funds can be used in anyway by the|trustees|in accordance with||the|objectives ofthe|charity.||
|Unrestricted
Funds - Designated||||||||
|These funds have been reserved for future planned||activity|and contingencies.|||||
|The unrestricted
funds held are summarised|as follows:-|||||||
||||||2022|2021||
|||||||g||
|General|||||31,996|22,848||
|Designated||||||||
|Staffing and redundancy|||||15,000|15,000||
|Equipment
replacement
contingency|||||2,000|2,000||
|Six months
running
costs ofthe Association|||||43,000|45,000||
|Limited liability contingency|||||500||500|
||||||92,496|85,348||
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|||Restricted|Restricted||
|---|---|---|---|---|
||Unrestricted|Funds|Funds||
||Funds|Other|Section Aces|TOTAL|
|||g||g|
|Fixed Assets|16,586|||16,586|
|Current Assets|88,105||8,384|96,489|
|Current Liabilities|(12,195)|||(12,195)|
|Net Assets at 31stMarch 2022|92,496||8,384|100,880|
|||Restricted|Restricted||
||Unrestricted|Funds|Funds||
||Funds|Other|Section Aces|TOTAL|
||g|K||K|
|Fixed Assets|20,012|||20,012|
|Current Assets|103,699|2,000|7,939|113,638|
|Current Liabilities|(38,363)|||(38,363)|
|Net Assets at 31stMarch 2021|85,348|2,000|7,939|95,287|
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