## **Trustees’ Annual Report for the period** **From April 1[st] 2020 Period start date To March 31[st] 2021 Period end date** ## **Charity name: Longtown Memorial Hall Community Centre** ## **Charity registration number: 1153110** ## **Objectives and Activities** **----- Start of picture text -----**
SORP reference
Summary of the purposes Para 1.17 To maintain a community centre
of the charity as set out for use by the inhabitants of the
in its governing area of benefit – for the
document advancement of education and the
provision of facilities in the
interest of social welfare for the
recreation and other leisure time
occupation with the object of
improving the condition of life of
the said inhabitants.
Summary of the main Para 1.17 and The community centre is based in
1.19
activities in relation to a small rural town serving a very
those purposes for the sparsely populated area. It is the
public benefit, in largest available community
particular, the activities, building. It boasts a main hall,
projects or services stage with projector, pa and loop
identified in the system. It can seat 150 people.
accounts. There is also a gym, squash court,
sauna, meeting room and upstairs
bar. The centre hosts a wide range
of private, public, social and
community events etc.
Statement confirming Para 1.18 The trustees are consistently
whether the trustees aware of the charitable objects.
have had regard to the There is a strong desire to provide
guidance issued by the the community with the services
Charity Commission on and facilities that have identified
public benefit through community consultation
to encourage, support, and deliver
public benefit. Trustees regularly
review governance, roles, and
responsibility.
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## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
SORP reference
The trustees undertake no grant
Para 1.38 making activities.
Policy on grant making
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Not applicable.
Policy on social Para 1.38
investment including
program related
investment
Para 1.38
Contribution made by The trustees are committed to
volunteers improving the quality and
experience of the volunteer offer.
Volunteers manage and organise a
wide range of community activities
that the charity runs as well as
running the community groups
that use the community centre.
Other
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## **Achievements and Performance** **----- Start of picture text -----**
SORP reference
The Charity faces considerable
challenges – specifically financial.
The last year has seen the
Summary of the main community centre closed due to
Para 1.20
achievements of the the Covid – pandemic.
charity, identifying the
difference the charity’s For several months the centre
work has made to the hosted a local food bank. The NHS
circumstances of its used it for several blood donation
beneficiaries and any sessions.
wider benefits to society
as a whole. There is work to be continued to
address strengthening and
developing governance as well as
supporting Trustees through
training.
The Charity now has a three year
Business Plan including finance,
marketing and funding strategies.
This is subject to regular review. It
is acknowledged that dealing with
and recovering from Covid will be
challenging and slow.
Several groups and activities have
ceased. However, funding has
been obtained to support the
youth club and provide a rent-free
holiday period for locally based
community groups which face
several challenges as they try to
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**recover from the effects of the Covid – pandemic. A small amount of funding has been secured to support marketing and fundraising activities of the community centre in general and specifically community groups. The aim is to provide a more co – ordinated promotion of activities and services as well as community groups, increase participation and generate income. Community consultations continue to show that health and well – being and support for the over 50’s and young people remain areas of priority. Intergenerational projects also featured. As such the community centre is beginning to explore funding opportunities to refurbish the gym and provide a range of fitness and activity programmes. It is acknowledged that a root and branch review of the daily operational performance is a priority. Especially considering the decision to create a unitary authority.** ## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
To produce an operational surplus
particularly in light of continued
Achievements against Para 1.41 local authority budget reductions.
objectives set Increasing usage and providing
additional services particularly for
the elderly and young people. It is
recognised that this will have to
be grant led especially coming out
of Covid 19.
The Charity has undertaking very
little fundraising. It is
Performance of acknowledged that this will have
fundraising activities Para 1.41 to change. A programme of
against objectives set fundraising particularly to support
youth activities is being
considered. A small sum of
funding has been secured to
address marketing, fundraising
event etc. This will be used as the
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Charity comes out of the Covid –
pandemic.
There is a clear need to relaunch
the Events Group as well as
addressing fundraising,
marketing, and service delivery.
Not applicable.
Investment performance
against objectives Para 1.41
Other
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## **Financial Review** ||Review of the charity’s
fnancial position at the
end of the period|Para 1.21|**The Charity reported a surplus for**
**2020 – 21. This was based largely**
**on receipt of Covid business**
**support grants and furlough**
**However, a reduction in local**
**authority funded of £45,000.00**
**over several years has made a**
**signifcant impression on the way**
**the Charity operates. – refecting a**
**reduction of over 60 %. It is almost**
**certain the this source of funding**
**will end within the next year or so.**
**The Charity’s proactive approach**
**to grant led projects based on**
**community consultations has**
**helped. This approach must**
**feature strongly in the future.**
**However, operational savings must**
**also be found.**
**Currently grants are being sought**
**for a number of projects**
**specifcally to address community**
**health and well – being issues and**
**to support the over 50’s and**
**young people.**|| |---|---|---|---|---| **----- Start of picture text -----**
Staffing and utilities remain the
biggest expenditure items.
Changes in operational,
management and working practise
will need to be considered.
As such the Charity is to start an
operational and management
review.
Statement explaining the Para 1.22 The Charity is clear that it must
policy for holding continue to generate income and
reserves stating why they manage expenditure effectively. It
are held remains a clear aim therefore to
strive to increase the Charity’s
income and reserves. The Charity
operates with at least six months
finance to cover its obligations
Amount of reserves held Para 1.22 £13,000.00
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24
in deficit
Para 1.23
Explanation of any
uncertainties about the
charity continuing as a
going concern
Additional information (optional)
You may choose to include further statements where relevant about:
Funds are drawn from grants,
venue hire, membership, and
The charity’s principal profit transfer from the Charity’s
sources of funds Para 1.47 trading arm. However, it has been
(including any agreed to move the trading arm
fundraising) back in house Fundraising will play
an increasing role in future income
generation strategies in particular
funding youth delivery.
Not applicable
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
Finance – the Charity faces a range
of financial pressures. However,
A description of the Para 1.46 funding has been secured to make
principal risks facing the governance more effective
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charity addressing the need to bring the
appropriate and required skills to
the Charity eg business
development, fundraising and
marketing.
An operational review is required
to identify business development
opportunities, increase income
reduce expenditure.
Grant led projects must feature
incorporating employment costs to
allow the Charity to maintain and
increase delivery that is relevant
to the community.
Volunteers – recruitment has
proved problematical. The Youth
Club especially the Under 10
sessions have benefitted from
additional volunteer support.
Expand the Trustees skills base.
Long term and strategic planning
Other based on community
consultations.
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## **Structure, Governance and Management** **----- Start of picture text -----**
Description of charity’s
trusts:
Type of governing Para 1.25 Articles of Association
document
(trust deed, royal
charter)
How is the charity Para 1.25 Through the Charitable Objects.
constituted? The Charity is Incorporated. It is a
(e.g unincorporated Charitable Company Limited by
association, CIO) Guarantee
Trustee selection Para 1.25 Trustees are drawn from the area
methods including details of benefit who are:
of any constitutional a) Interested in furthering the
provisions e.g. election to objects of the charity and
post or name of any b) Have paid in the appropriate
person or body entitled subscription agreed by the
to appoint one or more committee
trustees c) Trustees can be elected at
the AGM, co - opted or apply
in such a manner as the
Trustees may require
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## **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
Effective governance, developing
appropriate Trustees skills and
Policies and procedures support particularly to address
adopted for the induction Para 1.51 strategic planning, employment,
and training of trustees finance, producing a high quality
volunteer offer and public benefit
are priorities.
The Charity fully recognises that
delivery must be based on
The charity’s community consultations, the
organisational structure Para 1.51 charitable objects and public
and any wider network benefit. However, delivery can only
with which the charity be effectively achieved if
works partnership are identified,
established and developed.
The Charity has also engaged
community development
consultants to support its role
within its area of benefit.
Relationship with any
related parties Para 1.51
The Charity is exploring options to
Other deliver projects working alongside
the local GP surgery and the
Carlisle Federation of Community
Organisations.
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## **Reference and Administrative details** Charity name Longtown Memorial Hall Community Centre **----- Start of picture text -----**
Other name the charity
uses
Registered charity 1153110
number
Charity’s principal Arthuret Road, Longtown, Carlisle, Cumbria CA65SJ
address
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## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Sir James Hon. President
1
Graham
2 John Mallinson Chair Carlisle City Council
3 Ray Bloxham
4 Val Tarbitt
5 Kris Gray
6 Jean Harrison
7 Sue Richardson
8
9
10
11
12
13
14
15
16
17
18
19
20
Corporate trustees – names of the directors at the date the report was approved
Director name
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Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** **----- Start of picture text -----**
Funds held as custodian trustees on behalf of others
Description of the assets Not applicable
held in this capacity
Name and objects of the Not applicable
charity on whose behalf
the assets are held and
how this falls within the
custodian charity’s
objects
Details of arrangements Not applicable
for safe custody and
segregation of such
assets from the charity’s
own assets
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## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **----- Start of picture text -----**
Type of Name Address
adviser
Accountan Robert Gordon Gordon Consultancy, Briar Lea House, Brampton
t Road, Longtown, Carlisle CA65TN
Communit Steve Conway CAS Co operative Ltd, Levenshulme Old Library,
y Cromwell Grove, Manchester M193QE
Developm
ent
Consultan
t
Health Kym Allan Kym Allan Health and Safety Consultants, 3 -4
and Citadel Row, Carlisle CA3 8SQ
Safety
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## **Name of chief executive or names of senior staff members (Optional information)** Nigel Williamson ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees** **Signature(s)** **Full name(s)** John Mallinson **Position (eg** Chair **Secretary, Chair, etc)** **Date** September 12[th] 2021 COMPANY REGISTRATION NUMBER: 08552m CHARITY REGISTRATION NUMBER: 1153110 Longtown Memorial Hall Community Centre Company Llmited by Guarantee Unaudited Financial Statements 31 March 2021 Chartered accountants Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 STN Longtown Memorlal Hall Community Centre Company L5mlted by Guarantee Flnancial Statemenlg Yaar onded 31 March 2021 Page Trustees, annual report (incorporating the directorfs report} Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial posttion Notes to the financial statements The followlng pages do not forni part of the financlal statements Detailed statement of financial activities 17 Notes to the detailed statement of financial acttviknes 19 Longtown Memorial Hall Community Centre Company Llmlted by Guarantee Trusi8es' Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 March 2021 The Iruslees, who are also the Ifirectors lor the wrposes of company Law, present their report and the unaudited linancial stat8mgnts of the Charity for the year ended 31 March 2021. Rg1orw¢o and admlnlstrntlvo detall8 Reglstered ¢harlty name Longtown Memorial Hdl Community Cgntre Chorlty roglstratlon numlw 1153110 Company reglstratl*)n number 08552573 Prlnclpal offlce and reglslered Arthurel Road offSc8 Longtown Carlisle CA6 UK The In￿tee8 Mr R D Bloxhafll &rJ F S Graham Cllr J Mallinson Cllr V Tarbitt Mrs K Gray Miss J Harrison Miss S F Richardson Company socrotary Mr N Williamson Indopondont oxamlner Mr R W Gordon, FCA Briar Lea House 8rampton Road Longtown Carlisle Cumbria CA6 5TN Slructurg, govoman¢e and Manageffl￿t The Trustees The Iruslees are also directors of Ihe charrrable company for the purp)se$ ol the Companies Act 2006. The Iruslees who served the ¢haritable ￿MpanY during the period are lislgJ on page 1. t¢>yeth8r with their date of appintment rf *ithin th8 perir¥Y. Governlng Documonts Longlown Memorial Hall Communty Gentre was conslituted as a limited compary by guarantee and an English Charity govemed by its Memorandum and Articles of AssLxiation on the 1 June 2013. The liat#lty of each of rts mgmbers being limited to £1 each. Longtown Memorlal Hall Community Centre Company Llmlted by Guarantee Trugto89' Annual Report {Incorporaiing the Director's Report) (¢onvR￿rf) Year ended 31 March 2021 Structure, govomanco arKI mamgement Dlrectors and TrustO08 The directors of the ¢haritable company are ils truslees tor the purwse of charity law and throughout Ihis report ar8 collectively referred lo as the trustees. k set out in the Articles ol Association, th¢ chairperx¢n ol the trustses ￿ nominated by the trustees. ObJectlve8 and 8Ctlvftles The object of the Charity is to maintan a ￿mmunitY C8￿re for use by the inhabitants of the area of benelil lor the athancement of the education ol the said inhabf(ants ar￿ lor the provision of facilities in the interests of social wemare for recreational and other I￿Sure time ocLupation wlh the object of improving the conditions ol lrfe lor the inhabitants. The community ¢entre provides a *•Je rang8 of recreational and facilrlies. includir¥4 a large hall and stsge. This k8 used by the communty and ￿mMUn￿ groups for weddings, ra¢e nights, quizzes. public meetings etc. in add￿on there are a number of communty groups ¢UTrenlly totalling some 20 organisations that us• the la¢ilities. There is dso a squash ¢ourt. sauna and litness suile. Grant m8klng poll¢y The charity does not distritxJt8 grants. Investment pollcy Under the memorandum and articles of a￿latiOn. the charity has the power to mako any investments which the tnjslees see tit. Resefves pollcy Under the requirements of charity law the trustees are obliged lo define the charitls policy for holding reserves. The intention in establishing this reserves Folicy is to ensure the continuation of the charitls actr'mties. The policy enabk the charity to meet tis legal objecbves. provide confidence to supporters and donors seeking to give finaneial support lo a prudentty controlled charity and lo ensure that the resetves are at a kvel sufficient to discharge all the charitys obligalions in in the relevant that it should caase tweralions. A large proportion ol the chariws reserves are held in bank a¢oounts. It is the trustees considered opinion that in the event of the charrty having to ¢ease its operations there should be sufficaent reserves available to allow the ¢haritls oblvJations lo to be discharged. The reaerves which the charity is required to maint&n are those needed to fuThJ ongoiro monthly costs arKi further development. To this end the trustees have Oecided that the charity should seek lo hav& reserves which are not invested in fix￿ assets of a sum &]ual lo nol more than six months general running ¢osl$ of the charity (describ￿ in the Statem￿t ol Financi￿ Aclivibes as lolal resour¢es expended}. The general fund represents the unrestricted furKI av&lable from past operating reGu￿s. It ￿s0 represents the free reserves ol the charity. Al presenl the unrestrict&J funds, are at a kvel whereby the charity would be able to continue non restriclgJ actiwtbos for a year in the event ol a swJnilicanl drop in funding. Achlevomerrts and porf¢)mMnce Nigel Williamson continued in his roie as Centre Mana98r aThJ Compary S￿retary and tunding is securod lor him to continue in Ihis rok. Longtown Memorial Hall Communlty Centre Company Llmlted by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) Year ended 31 March 2021 Flnanclal revlaw Nigel Williamson continued in his role as Centre Manager and Company Secretary in the year. Funding has been secured for him to continue in this ro￿. These finan¢ial statements are in lin& wtth the exp8cl•J resulls. Plans for futurn perlod• The Committee aTrJ Communty Develcpment Off￿r inlefKI to increase usage ol the Centre and la¢ililies available to the community. Ullimately il is up to the LX)mmunity to play in ensuring the Centre delivers what they require. Small company provlslons This report has t*en pwpared in accordance wilh the prowsions applicabb to companies entitl￿ to Ihe small companies exemption. The trustees. annual repgrt was approved on 11 June 2021 aThJ sKJned on behalf of the ly)aTd of trustees by: Cllr J Mallin Trustee Mr N Williamsoft Chwrty Secretary Longtown Memorlal Hall Communlty Centre Company Limited by Guarantee Independent Examiner's Report to the Trustees of Longtown Memorial Hall Communlty Cenlre Year ended 31 March 2021 rewrt lo the Irustees on my examination of the finanual statements of LOng￿n Memorial Hall CommLfnty Cenlrè I'lhe chariv) lor Ihe year ended 31 March 2021. Rosponslbllltle8 and bo8ls ol report As the Iwstees ot the company land also its dIr￿tsrs for the wrrp)ses of company lawl you aTe responsible lor the preparation of the financial statements in accordance wlh the requirements of the Companies Act 2006 Ilhe 2W6 ALYI. Having sab'slied myself that the accounts of the company are not required lo be audited under Part 16 ol the 2006 Acl and are elwJible lor indeFendent examination, I repon in respect of my examinats'on ol the charl￿S accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In Carrying out my examination I have folIty￿￿￿ the Dire¢lion$ wen by Ihe Charty Commission urKler section 14515llbl of the 2011 ACL Indopondent 8x•mln•r's stotom I have completed my examination. I confirm that no mattars have come to my attention in cOnn￿tiOn with the erdmination giwng me cause to telieve: acawnting reo)rd$ We￿ r￿t W in resFwI of the ¢harity as r&aLJired by section 386 of Ihe 2006 Act., Of the financial statemerrts do accord with r•xrds; or the fIna￿la1 statements do not ￿mpty wrth the atxountiThJ requirements ol s9Ction 396 01 the 2006 Act other than any requirement that the accounts gtve a Irue and wew whi¢h is nol a matter considered as part ol an irthpendenl examination; or the linancial stalements ha￿ not been prepared in a¢coidance with the molhods and prin¢ipl•s of the Statement of Recommgnded Practice for accounting and reporting by charitses applicable lo ¢hartknes preparing their accounts in accordance wlth the Financial Reporting Standard a￿lcable in the UK and Rq￿bIIG ol Ireland IFRS 1021. I have no concerns and havg come acTOSS no other mattw$ in COnn￿tIon wlh the examination lo which attention shoukl te drawn in this repM)rt in order lo enthe a proper understanding of the accounts to be reached. Mr R W Gordon, FCA Indepndent Examiner Briar Lea House Bramplon Road Longtown Carlisle Cumbria CA6 5TN Longtown Memorial Hall Communily Centre Company Limited by Guaranteo Statement of Financial Aclivilies (Includlng Income and expendlture accounl) Year ended 31 March 2021 2020 Unrestricted Restricted fun(ts Total funds Total funds Income and endowment8 Donations aThJ legacies Charitable activities Other trading activitres Investment income 39,300 5.751 4.120 43,420 5,751 77,834 38,579 370 345 12 12 Totsl Incomo 4.120 49.183 116,928 Expondlluro Expondilure on charilabb &￿￿118$ Totsl oxpondlluro 9.10 15,030 15.030 31,360 31.360 46,390 46.390 108,244 108,244 Net Income and not movomont In lunds {27.240) 8.684 Recon¢lllatlon of fund8 Total lunds brought foThYard Total funds C￿led forward 5,514 49,558 55,072 46,388 55,072 35.547 22,318 57,865 The slalement of financial activitigs include$ all gains and losses recognised in the year. All in¢ome ar*J gxpgnditure derive from continuing aclivrbes. Th• notss on pog•8 7 to 15 form part ot these flnunclal statoment& Longtown Memorial Hall Communlty Centre Company Llmlted by Guarantee Statement of Flnancial Poslilon 31 March 2021 2020 Curront 0ss0ts Debtors Cash al bank and in hand 16 3,287 55,238 58,525 4,943 50,789 55.732 Credltors: amounts lalllng due wl¢hln ono Net curront assets 17 660 57,865 57,865 57.865 55.072 Total assets less currwt Ilabtlhles 55,072 Not assets 55,072 Funds ol the Charlty Restricted funds Unrestricted ftjnds 22,318 35,547 49,558 5,514 5S,072 Total charjty lunds 18 57,865 Fof the year ending 31 March 2021 th8 charity was entitw to ox¢mplion from audit uThJer wtion 477 of the ComFanies Act 2006 relating to small companies. Dir￿tOrS, responsibililies.. Th8 members have not required the ¢omFQry to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowl* their responsibilibes for cornp￿ng with the requirements of the Aot th resp8cI to a￿oUnting rewrds and the preparation of financial statements. These financial statements have been prepar9d in a(xordance the provisions applicable lo ¢ompanies suty'ect to the small ￿mpanIeS. regime. These financial statements were aFproved by the t4)ard ol tr￿81888 authorised for issue on 11 June 2021, and ar$ signed on bèham ol the t¥)ard by: Cllr J Mallinson Trustee notss on ￿9#¥ 7 10 15 lrym part of th•8• flMncl*l *tst•ment*. Longtown Memorial Hall Community Centre Company Limited by Guarantee Notes lo Ihe Financial Staiemenls Year anded 31 March 2021 General Irrformallon The ¢haiity is a public ￿neff[ entity and a private company limited by guarantee, registered in England and Wa￿S and a regislered charity in England and Wales. The address of the rogister office is Arthu￿1 Fload, Longlown. Carlisle. GA6 5SJ, UK. Statement ot compllan¢o These financial ststements have been prepared in compliance ￿￿th FRS 102, The Financial Reporbng Standard applicab￿e in the UK and the Rewblic ol Ireland,, the Statement ol Recommended Practice a￿lIGable to charibes preparing their awunts in accordance with the Finanual Reporting Standard applicable in the UK and Flepublic of Ireland IFRS 1021 (Charities SORP {FRS 10211 and the Companies Act 2￿6. countlng pollcles Bas18 ol propgratlon The financial statements have been prepared on the historical cost basis, as mc¥Ylli￿ by Ihe revaluation ol certain tinanci￿ assets and liabilities and invesiment prcpertl8s measured at far value through income or expenditure. The linancil statemerbts are prepared in sterling. which is th8 functional c#Jrrerw of the entty. Golng concem There are no Materi￿ uncertainties ab)ut the charitys ability to continuè. Dlsclosure exomptlons The entity satisfies the criteria of being a qualilwng entity as defin￿ in FRS 102. Its financial slalemenls are consolidated into the financid slalements of lenter name of group financial slalemenlsl which can be obtained from (enter detail). As such, advantage has been taken of the followng disclosure exemptions available under paragraph 1.12 of FFIS 102: lal No cash flow ststement has been presented for the company. Ibl Di￿10$￿r¢S in resp&t of finani?al instruments have rnl been p￿Sented. Judgements and key sources of ¢stlmatlon uncertalnty The preparation of the tinancid statgments wuires managemenl to make juthFments, eslimales and assumplions that affect the amoLsnts reFQrtgJ. These eslimates and judgements ar• ¢ontinually rewewed and are based on exFerien¢e and other lactors. induding expe￿atiOnS ol future events that are believed to te reasonable under the arcumstances. Longtown Memorial Hall Community Centre Company Llmlted by Guaraniee Notes lo the Financlal siaiements (canvftwé) Year ended 31 March 2021 countlng pollcles (¢¢)nHnu•d) Fund a¢¢ountlng Unrestricted funds are av&labk8 for use at the discrelion of the trustees to further any of the charil￿S PUryX•S•S. Designated funds are unrestri¢t&J fvnds 8armarlted by the trustees for paitukir fulure project or commFtmenl. Restricted funds are subjected to Testrictions on thwr expendTture declared by the donor or through the terms of an aFgeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Incomlng resourus l inooming resources aro irdudgd in the statement of financial acbvibgs when entitlement has passed to the charity., it is probable that the economic benefits associated wlh ihe Iransa¢lion wll flow lo the ¢harity and the amount can be reli*4y m•asurod. The followng speu'lic policies are appli¢d to particular categories ol income: income from donations or grants is reccrfJnised when there i% eviden￿ ol ent¢Uement to the gitt, T￿lpt is prot¢ble arKE ils amount Can be measured reliabty. acy income is recognised recept is probable and enliyement 1$ established. income from donat&l gjods is measur&1 at the f￿1 value of the gc¥)d$ unless this is impractical to Measu￿ reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated faul￿eS and services are recognised in the accounts when Teceived if the vdue can be relsthy measLEred. No amounts are induded for the contribution ol gerErat voluntsers. income from contracts for the SUFply ol services re¢c¥Jnised %￿lh the delivery of Ihg contracted servKe. This is dassiftod as unresiricted fU￿S unless there is a conlraclual requirement for it lo be spent on a particular purpose and returned if unspent, in which ¢asg rt may be regarded as restrictgd. Longtown Memorial Hall Communlty Centre Company Llmlted by Guarantee Notes to the Flnancial Statsmentg Year ended 31 March 2021 Ac¢ountlng pollelos Resour￿ oxponded Expenditure is recognised on an accrual$ basis as a liatilty 1$ incurred. Expenditure incl￿e$ any VAT which ¢annot be fully recovered, and is classified under headiros of the statement of financial athivilies lo which r( relaies= exFendrture on raising funds includes the costs of all fvtwjraising acbwtie6. events, non- charitable trading aclivilies, and the Sa￿ ol donal￿ go￿1$. OXF*ndtture on charitabl8 acIMt￿ incl￿¥ all costs in¢urred by a ¢harty in undertaking activities that further ils charrtable aims for the beneh"i ol its beneficiaries, including those suH)ort Costs and costs relabng to the g)vemance of the ¢harty app)rtioned to tharitable activities. other exFeTrYitur8 indud8s all exFendrtur8 that is nwther reLqted to rwsing funds for tr charity nor part of ils expenditure on charitable activities. I costs are allocated lo eX￿nd[t￿re categories refflecting the use of the resource. DIr￿t costs attributable lo a single actiwty are alloca1￿ direclly lo that a¢tsvity. Shared costs are apportioned betsveen the activities they contribjle to on a reasonable, justifiable and con￿stent basis. Tanglblo a88ots Tangible assets are initiafly recorded al cost, and subsequently slated al cost less any accumulated depreciation and impairment kisses. Any laryible assets carried al revalued amounts are recorded al the lair value at the dale of revaluation k8ss any subsequent accumuiated depr￿latIOn and subsequent accumulated impam)enl losses. An increase in the carrying amoLtnt of an asset as a resutt ol a revaluation. is re¢ognised in other recconised g&ns and losses, unloss It reverse5 a ¢hargè lor impairmenl that has prewously begn re¢¢gnised as expeThJilure whthin the statement ol financial actimties. A decrease in the carrwng amount ol an asset as a resutt of rgvaluation. is recognIs￿ in other recognIs￿ gains and losses. except to which it offsets any preV￿￿S revaluation gain, in which case the loss is shown within Other recognised gains and losses on the statement ot tinanud activrb'es. Depro¢latlon Deprgciation is calcuLqbJ so as to write ott the ￿81 or valuabon of an asset. less its residual value. ov•r th8 useful e￿nOMiC Irle of that assel as folltrws.. Fixlures. fitlings and equirAnent - straight fine Imylnnont ol Ilxed assets A review for indicators of impaimient is Carried out at each reporting date. ¥￿th the recoverab amourrt being estimatgj where sl￿ indicators exist. Wheie the carrwng value exceeds the recoverable amounL the asset is IMWr￿ accordingty. Prior impaim)ents are also rewewed foT possibb reversal al each reForbng dale. Longlown Memorlal Hall Communlty Centre Company Llmiied by Guarantee Notes to the Flnanclal Statements (&*nthu•d) Year ended 31 March 2021 Accountlng pollcles (¢omth Impalmwrt of Ilxod assots For the purp)ses of impairmerrt testing. when il K8 nol w)￿[ble to estimate the recoverable amount ol an indiwdual asset. an estimate is made ol Ihe recoverable amount of the cash- generating unil lo which the asset belongs. The ¢ash-generating unit is the smallest idgnlrfiable group of assets that includes the asset and generates cash infbws that larggly independent of the cash inflows from othef assets 01 groups of awts. For impairmern testing of gocthill. the 9th11 acquired in a ￿sInesS comknnalion is, from the acquisition date. allocated to each of the cash-generating units that aro expeded lo benefit from the synergias ol tho combination. iffeswtive of whether other assets or Iiaknliiie5 01 the charity are assigned lo those units. LlnAted by guarantee Longtown Memorial Hdl Cornmunty Centre is a ¢ompany limrted by guarantee. and does not have a share caplal. The members of the company are the tnjslees list&J on page l. Donatlons arKI legxlgs Unrestricted Funds Restricted Total Funds Funds Qr8nts Grants r￿eNab 39,300 4,120 43,420 Unrestricted Funds Restricted Total Funds Funds 2020 Grants Grants receNabb Charltable acllvltles Unrestricted Funds Restrfcted Total Funds Funds Longtovm MHCC Club Ltd Lettings Sunbed, Sauna, Toning tthes Gym Squash Bowling Badminton Coflee Bar Membership Other income 1,586 4,165 4,165 5.751 5,751 10 Longtown Memorlal Hall Community Centre Company Limited by Guarantee Noies io the Financial Statements Year end8d 31 March 2021 Charftable actlvllles (eonttnwdj Unrestricted Funds Restrict&J Total Funds FuThJ$ 2020 Longtown MHCC Club Ltd Lettings Sunbed. Sauna. Toning tthes Gym Squash Bowling Badminton Coffee Bar Membership Othor ineorne 775 23.833 880 3.420 1,960 2,609 775 25,101 3,420 1,960 2,609 3,538 118 3,538 118 128 37,311 1,268 38,579 Other tradlng a¢tlvrth8 Unrestricted Funds Reslricted Total Funds Funds Fundraising events Unrestriclgd Funds Restricted Total Funds Funds 2020 Fundraising events 207 163 370 Investmont Incorne Unrestrcied Total Funds Unrestricted Toiaf Funds Funds 2021 Funds 2020 Bank irrterest re¢eivaJJle 12 12 345 11 Longtown Memorlal Hall Communlty Centre Company Llmlted by Guarantee Notes to the Flnancial Statemenls (cont￿) Year ended 31 March 2021 Expondlture on chorltable acllvlllos by fund typ• Unrestricted Funds Restri¢led Total Funds Funds Centre Support costs 12,630 2,400 15.030 30,660 700 43.2 3,100 46,3 31,360 Unrestrictgd Funds Restricted Total Funds Funds 2020 Centre SL6PPOrt costs 43,552 3.996 60.456 240 104,008 4,236 47,548 60.696 108,244 10. Expondlture on charltable actlvftlos by acltvlty type Activities undertaken diredy SupFOrt costs Total funds Tot￿ fund 2020 Centre Govemance costs 43,290 3,100 46.390 104,008 4,236 108,244 3.100 3,1CQ 11. Netlnco Net in¢ome is stated after ¢hargirwlcred￿ftg)'. 2020 Depwiation of tangible fix8J ￿ets 363 11 Inthpondont oxamln•tlon fees 2021 2020 Fees payab￿ lo the independenl examiner for: Independent examination of the finanoal statements 480 13. Staff Costs The lolat staff c4)sts and gmpbyee tenefts for the ieFKJrting pericKi are anatys￿l as follows.. 2020 Wages and salaries 21,199 67,060 12 Longtown Memorlal Hall Communlty Centre Company Llmlted by Guarantee Noles to the Flnanclal Statements I￿n Year ended 31 March 2021 The average head cwnt of employBes during the year was 1 {2020: 11. The average number of full-lime equivalent employees duriro the year is an￿Y$9￿ as folbws". 2020 No. NUrn￿er of $tsff No employeg receiv￿ employee beneffts of MO￿ than £60.0(KJ during lh8 yèar12020: Nill. 14. Trustee remuneratlon and oxpons No remuneration or other tenefits from empl¢)yinent with the charty or a ￿lated entity received by the truslees. 15. Tanglbb fIX￿ 488ots Equlpment At 1 Aprll 2020 and 31 March 2021 Deproclotlon At 1 Aprll 2020 and 31 March 2W21 Carrylng amount Al 31 March 2021 4,456 4,456 At 31 March 2020 1& Debtors 2020 Trade debtors Prepayments and accrued in())me 1,991 1,296 3,287 3,786 1,157 4,943 17. Cvodltors: amounts falllng due wlthln onfr yow 2021 2020 Accruals and deferred income 660 13 Longtown Memorlal Hall Communlty Centre Company Llmlted by Guarantee Notes to Ihe Flnanclal Statements {¢¢nUTh￿) Year ended 31 March 2021 18. *mal￿10 of chathable funds UnTaStrlcted lunds At 1 Wil 2020 31 March 202 In￿rne Exper￿rture GenerJ furKis 5,514 115,0301 35.547 At 31 March 202 At 1 A￿11 2019 Inr#)me Ex￿ndit￿re Generd fuThJ$ 15,199 37,863 147,5481 5,514 Re•trlcted lunds At 1 AFNiI 2020 31 March 202 In￿)me Expendttijre CCC Wages Youth Fund Peoples Progect Wind Farm Grants Lunch Club Awards lor All 27,240 8.729 4.120 131,3601 8,729 8.wo 5,589 8,000 5,589 4,120 131,3601 22,318 At 31 March 202 1 Awil 2019 In￿rne Expe￿Ill￿re CCC Wages Yo￿th FuThJ Peoples Prcgsct Wind Farm Grants Lunch Club Awards lor Al 127,2401 111.7381 110,5851 27.240 8,729 4,862 10.585 8.0 15.605 8,000 5.589 14,8271 16,3061 160.6961 6,306 31.189 79.065 49,558 14 Longtown Memorial Hall Communlty Centre Company Llmhed by Guarantee Notes to the Flnancial Statements (¢(¥￿￿￿1 Year ended 31 March 2021 19. Andysls ol not assots botwow funds un￿trict￿Y Funds Restri￿ed Tolal Funds Funds Cijrrent assets Creditors less than 1 >par Net assets 36,207 16601 35,547 22,318 58,525 16601 57,865 22.318 Unrestricted Funds Restricted Total Funds Funds 2020 Tangibl• fixed assets Current assets Cr¢dilors1oss than 1 ￿par Not oUOts 6,174 (6601 5,514 49,558 55.732 16601 55,072 49,558 15 Longtown Memorlal Hall Community Centre Company Llmiied by Guara￿ee Management Informatlon Year ended 31 March 2021 lollowlng p8ge8 do not lorm part ol tho Ilnanclal ststements 16 Longtown Memorlal Hall Community Centre Company Umiied by Guarantee Detalled Statement of Financial Activlties Year ended 31 March 2021 2020 Income and frndowmgnts Donatlon$ and legados GrarFts rKeivable 43,420 77,634 Charltablè actlvlti Longlown MHCC Club Ltd Lettings Sunbed, Sauna, Toning tab Gym Squash Bowling Badminton Coffee Bar Membership Oiher income 775 25.101 4.165 3,420 1,960 2,609 50 3,538 118 128 5,751 38.579 Othor tradlng octlvltles Fundraising events 370 Investmont Income Bank interest receivable 12 345 Total Income 49,183 116,928 17 Longtown Memorlal Hall Community Centre Company Llmlted by Guarantee Detsiled Statement ol Flnanclal Aciivltles Year ended 31 March 2021 2020 Expendllure Expendfture on eharltable actlvltles Wages and salaries Rent Rates and water Light and heat Repairs and maFntenance Insurance Legal and professiona5 fees Telephone Depreciation Inieresi on bank loans and overdralts Catering expenses Coffee bar Event costs L￿enceS and subscriptions Printing, ststionery arKI pxtsge Advertsin Laundry & Cateri Sundry Expenses Computer Expense$ 21,199 191 970 8,852 5,502 1,157 3,100 67,060 1,528 1,178 9,867 2,820 1,174 3,873 2,751 363 269 1,208 2.882 7,819 1,569 680 236 1,807 1,350 241 120 235 2,265 46,390 108,244 Total oxpwdltvr• 46,390 108,244 Not Income 2.793 8,684 18 Longtown Memorlal Hall Community Centre Company Umited by Guarantee Noies io the Detalled siatement of Flnanclal Acllvltles Year ended 31 March 2021 2020 Exp￿dIt￿re on charllable •ctlvltl88 Centre Actlvltle$ undertakan dlr•LYty Wageslsalarias Rent Rates & wale( Light & heal Repairs & maintenance Insurance Telephone Bank charges Catering Expenses Coffee Bar Event Costs L￿enCeS and subscrptsons Printiro, slalionery and Fmtage Advertising Laundry & Catering Sundry Expenses CompLrtef Expenses 21,199 191 970 8.852 5,502 1,157 2,558 241 67,060 1,528 1,178 9,867 2,820 1,174 2,751 269 1.208 2,882 7,819 1,569 235 236 1,607 1.3SO 2,265 43.290 104,008 Governance costs Accountancy lees Legal and other professK)nal fees Depreciation 2,515 1,358 363 3,100 3.100 4,236 Expendllure on ¢h*ftable acllvltles 46.3￿1 108,244 COMPANY REGISTRATION NUMBER: 08552m CHARITY REGISTRATION NUMBER: 1153110 Longtown Memorial Hall Community Centre Company Llmited by Guarantee Unaudited Financial Statements 31 March 2021 Chartered accountants Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 STN Longtown Memorlal Hall Community Centre Company L5mlted by Guarantee Flnancial Statemenlg Yaar onded 31 March 2021 Page Trustees, annual report (incorporating the directorfs report} Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial posttion Notes to the financial statements The followlng pages do not forni part of the financlal statements Detailed statement of financial activities 17 Notes to the detailed statement of financial acttviknes 19 Longtown Memorial Hall Community Centre Company Llmlted by Guarantee Trusi8es' Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 March 2021 The Iruslees, who are also the Ifirectors lor the wrposes of company Law, present their report and the unaudited linancial stat8mgnts of the Charity for the year ended 31 March 2021. Rg1orw¢o and admlnlstrntlvo detall8 Reglstered ¢harlty name Longtown Memorial Hdl Community Cgntre Chorlty roglstratlon numlw 1153110 Company reglstratl*)n number 08552573 Prlnclpal offlce and reglslered Arthurel Road offSc8 Longtown Carlisle CA6 UK The In￿tee8 Mr R D Bloxhafll &rJ F S Graham Cllr J Mallinson Cllr V Tarbitt Mrs K Gray Miss J Harrison Miss S F Richardson Company socrotary Mr N Williamson Indopondont oxamlner Mr R W Gordon, FCA Briar Lea House 8rampton Road Longtown Carlisle Cumbria CA6 5TN Slructurg, govoman¢e and Manageffl￿t The Trustees The Iruslees are also directors of Ihe charrrable company for the purp)se$ ol the Companies Act 2006. The Iruslees who served the ¢haritable ￿MpanY during the period are lislgJ on page 1. t¢>yeth8r with their date of appintment rf *ithin th8 perir¥Y. Governlng Documonts Longlown Memorial Hall Communty Gentre was conslituted as a limited compary by guarantee and an English Charity govemed by its Memorandum and Articles of AssLxiation on the 1 June 2013. The liat#lty of each of rts mgmbers being limited to £1 each. Longtown Memorlal Hall Community Centre Company Llmlted by Guarantee Trugto89' Annual Report {Incorporaiing the Director's Report) (¢onvR￿rf) Year ended 31 March 2021 Structure, govomanco arKI mamgement Dlrectors and TrustO08 The directors of the ¢haritable company are ils truslees tor the purwse of charity law and throughout Ihis report ar8 collectively referred lo as the trustees. k set out in the Articles ol Association, th¢ chairperx¢n ol the trustses ￿ nominated by the trustees. ObJectlve8 and 8Ctlvftles The object of the Charity is to maintan a ￿mmunitY C8￿re for use by the inhabitants of the area of benelil lor the athancement of the education ol the said inhabf(ants ar￿ lor the provision of facilities in the interests of social wemare for recreational and other I￿Sure time ocLupation wlh the object of improving the conditions ol lrfe lor the inhabitants. The community ¢entre provides a *•Je rang8 of recreational and facilrlies. includir¥4 a large hall and stsge. This k8 used by the communty and ￿mMUn￿ groups for weddings, ra¢e nights, quizzes. public meetings etc. in add￿on there are a number of communty groups ¢UTrenlly totalling some 20 organisations that us• the la¢ilities. There is dso a squash ¢ourt. sauna and litness suile. Grant m8klng poll¢y The charity does not distritxJt8 grants. Investment pollcy Under the memorandum and articles of a￿latiOn. the charity has the power to mako any investments which the tnjslees see tit. Resefves pollcy Under the requirements of charity law the trustees are obliged lo define the charitls policy for holding reserves. The intention in establishing this reserves Folicy is to ensure the continuation of the charitls actr'mties. The policy enabk the charity to meet tis legal objecbves. provide confidence to supporters and donors seeking to give finaneial support lo a prudentty controlled charity and lo ensure that the resetves are at a kvel sufficient to discharge all the charitys obligalions in in the relevant that it should caase tweralions. A large proportion ol the chariws reserves are held in bank a¢oounts. It is the trustees considered opinion that in the event of the charrty having to ¢ease its operations there should be sufficaent reserves available to allow the ¢haritls oblvJations lo to be discharged. The reaerves which the charity is required to maint&n are those needed to fuThJ ongoiro monthly costs arKi further development. To this end the trustees have Oecided that the charity should seek lo hav& reserves which are not invested in fix￿ assets of a sum &]ual lo nol more than six months general running ¢osl$ of the charity (describ￿ in the Statem￿t ol Financi￿ Aclivibes as lolal resour¢es expended}. The general fund represents the unrestricted furKI av&lable from past operating reGu￿s. It ￿s0 represents the free reserves ol the charity. Al presenl the unrestrict&J funds, are at a kvel whereby the charity would be able to continue non restriclgJ actiwtbos for a year in the event ol a swJnilicanl drop in funding. Achlevomerrts and porf¢)mMnce Nigel Williamson continued in his roie as Centre Mana98r aThJ Compary S￿retary and tunding is securod lor him to continue in Ihis rok. Longtown Memorial Hall Communlty Centre Company Llmlted by Guarantee Trustees. Annual Report (Incorporatlng the Dlrectorfs Report) Year ended 31 March 2021 Flnanclal revlaw Nigel Williamson continued in his role as Centre Manager and Company Secretary in the year. Funding has been secured for him to continue in this ro￿. These finan¢ial statements are in lin& wtth the exp8cl•J resulls. Plans for futurn perlod• The Committee aTrJ Communty Develcpment Off￿r inlefKI to increase usage ol the Centre and la¢ililies available to the community. Ullimately il is up to the LX)mmunity to play in ensuring the Centre delivers what they require. Small company provlslons This report has t*en pwpared in accordance wilh the prowsions applicabb to companies entitl￿ to Ihe small companies exemption. The trustees. annual repgrt was approved on 11 June 2021 aThJ sKJned on behalf of the ly)aTd of trustees by: Cllr J Mallin Trustee Mr N Williamsoft Chwrty Secretary Longtown Memorlal Hall Communlty Centre Company Limited by Guarantee Independent Examiner's Report to the Trustees of Longtown Memorial Hall Communlty Cenlre Year ended 31 March 2021 rewrt lo the Irustees on my examination of the finanual statements of LOng￿n Memorial Hall CommLfnty Cenlrè I'lhe chariv) lor Ihe year ended 31 March 2021. Rosponslbllltle8 and bo8ls ol report As the Iwstees ot the company land also its dIr￿tsrs for the wrrp)ses of company lawl you aTe responsible lor the preparation of the financial statements in accordance wlh the requirements of the Companies Act 2006 Ilhe 2W6 ALYI. Having sab'slied myself that the accounts of the company are not required lo be audited under Part 16 ol the 2006 Acl and are elwJible lor indeFendent examination, I repon in respect of my examinats'on ol the charl￿S accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In Carrying out my examination I have folIty￿￿￿ the Dire¢lion$ wen by Ihe Charty Commission urKler section 14515llbl of the 2011 ACL Indopondent 8x•mln•r's stotom I have completed my examination. I confirm that no mattars have come to my attention in cOnn￿tiOn with the erdmination giwng me cause to telieve: acawnting reo)rd$ We￿ r￿t W in resFwI of the ¢harity as r&aLJired by section 386 of Ihe 2006 Act., Of the financial statemerrts do accord with r•xrds; or the fIna￿la1 statements do not ￿mpty wrth the atxountiThJ requirements ol s9Ction 396 01 the 2006 Act other than any requirement that the accounts gtve a Irue and wew whi¢h is nol a matter considered as part ol an irthpendenl examination; or the linancial stalements ha￿ not been prepared in a¢coidance with the molhods and prin¢ipl•s of the Statement of Recommgnded Practice for accounting and reporting by charitses applicable lo ¢hartknes preparing their accounts in accordance wlth the Financial Reporting Standard a￿lcable in the UK and Rq￿bIIG ol Ireland IFRS 1021. I have no concerns and havg come acTOSS no other mattw$ in COnn￿tIon wlh the examination lo which attention shoukl te drawn in this repM)rt in order lo enthe a proper understanding of the accounts to be reached. Mr R W Gordon, FCA Indepndent Examiner Briar Lea House Bramplon Road Longtown Carlisle Cumbria CA6 5TN Longtown Memorial Hall Communily Centre Company Limited by Guaranteo Statement of Financial Aclivilies (Includlng Income and expendlture accounl) Year ended 31 March 2021 2020 Unrestricted Restricted fun(ts Total funds Total funds Income and endowment8 Donations aThJ legacies Charitable activities Other trading activitres Investment income 39,300 5.751 4.120 43,420 5,751 77,834 38,579 370 345 12 12 Totsl Incomo 4.120 49.183 116,928 Expondlluro Expondilure on charilabb &￿￿118$ Totsl oxpondlluro 9.10 15,030 15.030 31,360 31.360 46,390 46.390 108,244 108,244 Net Income and not movomont In lunds {27.240) 8.684 Recon¢lllatlon of fund8 Total lunds brought foThYard Total funds C￿led forward 5,514 49,558 55,072 46,388 55,072 35.547 22,318 57,865 The slalement of financial activitigs include$ all gains and losses recognised in the year. All in¢ome ar*J gxpgnditure derive from continuing aclivrbes. Th• notss on pog•8 7 to 15 form part ot these flnunclal statoment& Longtown Memorial Hall Communlty Centre Company Llmlted by Guarantee Statement of Flnancial Poslilon 31 March 2021 2020 Curront 0ss0ts Debtors Cash al bank and in hand 16 3,287 55,238 58,525 4,943 50,789 55.732 Credltors: amounts lalllng due wl¢hln ono Net curront assets 17 660 57,865 57,865 57.865 55.072 Total assets less currwt Ilabtlhles 55,072 Not assets 55,072 Funds ol the Charlty Restricted funds Unrestricted ftjnds 22,318 35,547 49,558 5,514 5S,072 Total charjty lunds 18 57,865 Fof the year ending 31 March 2021 th8 charity was entitw to ox¢mplion from audit uThJer wtion 477 of the ComFanies Act 2006 relating to small companies. Dir￿tOrS, responsibililies.. Th8 members have not required the ¢omFQry to obtain an audit of its financial statements for the year in question in accordance with section 476; The directors acknowl* their responsibilibes for cornp￿ng with the requirements of the Aot th resp8cI to a￿oUnting rewrds and the preparation of financial statements. These financial statements have been prepar9d in a(xordance the provisions applicable lo ¢ompanies suty'ect to the small ￿mpanIeS. regime. These financial statements were aFproved by the t4)ard ol tr￿81888 authorised for issue on 11 June 2021, and ar$ signed on bèham ol the t¥)ard by: Cllr J Mallinson Trustee notss on ￿9#¥ 7 10 15 lrym part of th•8• flMncl*l *tst•ment*. Longtown Memorial Hall Community Centre Company Limited by Guarantee Notes lo Ihe Financial Staiemenls Year anded 31 March 2021 General Irrformallon The ¢haiity is a public ￿neff[ entity and a private company limited by guarantee, registered in England and Wa￿S and a regislered charity in England and Wales. The address of the rogister office is Arthu￿1 Fload, Longlown. Carlisle. GA6 5SJ, UK. Statement ot compllan¢o These financial ststements have been prepared in compliance ￿￿th FRS 102, The Financial Reporbng Standard applicab￿e in the UK and the Rewblic ol Ireland,, the Statement ol Recommended Practice a￿lIGable to charibes preparing their awunts in accordance with the Finanual Reporting Standard applicable in the UK and Flepublic of Ireland IFRS 1021 (Charities SORP {FRS 10211 and the Companies Act 2￿6. countlng pollcles Bas18 ol propgratlon The financial statements have been prepared on the historical cost basis, as mc¥Ylli￿ by Ihe revaluation ol certain tinanci￿ assets and liabilities and invesiment prcpertl8s measured at far value through income or expenditure. The linancil statemerbts are prepared in sterling. which is th8 functional c#Jrrerw of the entty. Golng concem There are no Materi￿ uncertainties ab)ut the charitys ability to continuè. Dlsclosure exomptlons The entity satisfies the criteria of being a qualilwng entity as defin￿ in FRS 102. Its financial slalemenls are consolidated into the financid slalements of lenter name of group financial slalemenlsl which can be obtained from (enter detail). As such, advantage has been taken of the followng disclosure exemptions available under paragraph 1.12 of FFIS 102: lal No cash flow ststement has been presented for the company. Ibl Di￿10$￿r¢S in resp&t of finani?al instruments have rnl been p￿Sented. Judgements and key sources of ¢stlmatlon uncertalnty The preparation of the tinancid statgments wuires managemenl to make juthFments, eslimales and assumplions that affect the amoLsnts reFQrtgJ. These eslimates and judgements ar• ¢ontinually rewewed and are based on exFerien¢e and other lactors. induding expe￿atiOnS ol future events that are believed to te reasonable under the arcumstances. Longtown Memorial Hall Community Centre Company Llmlted by Guaraniee Notes lo the Financlal siaiements (canvftwé) Year ended 31 March 2021 countlng pollcles (¢¢)nHnu•d) Fund a¢¢ountlng Unrestricted funds are av&labk8 for use at the discrelion of the trustees to further any of the charil￿S PUryX•S•S. Designated funds are unrestri¢t&J fvnds 8armarlted by the trustees for paitukir fulure project or commFtmenl. Restricted funds are subjected to Testrictions on thwr expendTture declared by the donor or through the terms of an aFgeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Incomlng resourus l inooming resources aro irdudgd in the statement of financial acbvibgs when entitlement has passed to the charity., it is probable that the economic benefits associated wlh ihe Iransa¢lion wll flow lo the ¢harity and the amount can be reli*4y m•asurod. The followng speu'lic policies are appli¢d to particular categories ol income: income from donations or grants is reccrfJnised when there i% eviden￿ ol ent¢Uement to the gitt, T￿lpt is prot¢ble arKE ils amount Can be measured reliabty. acy income is recognised recept is probable and enliyement 1$ established. income from donat&l gjods is measur&1 at the f￿1 value of the gc¥)d$ unless this is impractical to Measu￿ reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated faul￿eS and services are recognised in the accounts when Teceived if the vdue can be relsthy measLEred. No amounts are induded for the contribution ol gerErat voluntsers. income from contracts for the SUFply ol services re¢c¥Jnised %￿lh the delivery of Ihg contracted servKe. This is dassiftod as unresiricted fU￿S unless there is a conlraclual requirement for it lo be spent on a particular purpose and returned if unspent, in which ¢asg rt may be regarded as restrictgd. Longtown Memorial Hall Communlty Centre Company Llmlted by Guarantee Notes to the Flnancial Statsmentg Year ended 31 March 2021 Ac¢ountlng pollelos Resour￿ oxponded Expenditure is recognised on an accrual$ basis as a liatilty 1$ incurred. Expenditure incl￿e$ any VAT which ¢annot be fully recovered, and is classified under headiros of the statement of financial athivilies lo which r( relaies= exFendrture on raising funds includes the costs of all fvtwjraising acbwtie6. events, non- charitable trading aclivilies, and the Sa￿ ol donal￿ go￿1$. OXF*ndtture on charitabl8 acIMt￿ incl￿¥ all costs in¢urred by a ¢harty in undertaking activities that further ils charrtable aims for the beneh"i ol its beneficiaries, including those suH)ort Costs and costs relabng to the g)vemance of the ¢harty app)rtioned to tharitable activities. other exFeTrYitur8 indud8s all exFendrtur8 that is nwther reLqted to rwsing funds for tr charity nor part of ils expenditure on charitable activities. I costs are allocated lo eX￿nd[t￿re categories refflecting the use of the resource. DIr￿t costs attributable lo a single actiwty are alloca1￿ direclly lo that a¢tsvity. Shared costs are apportioned betsveen the activities they contribjle to on a reasonable, justifiable and con￿stent basis. Tanglblo a88ots Tangible assets are initiafly recorded al cost, and subsequently slated al cost less any accumulated depreciation and impairment kisses. Any laryible assets carried al revalued amounts are recorded al the lair value at the dale of revaluation k8ss any subsequent accumuiated depr￿latIOn and subsequent accumulated impam)enl losses. An increase in the carrying amoLtnt of an asset as a resutt ol a revaluation. is re¢ognised in other recconised g&ns and losses, unloss It reverse5 a ¢hargè lor impairmenl that has prewously begn re¢¢gnised as expeThJilure whthin the statement ol financial actimties. A decrease in the carrwng amount ol an asset as a resutt of rgvaluation. is recognIs￿ in other recognIs￿ gains and losses. except to which it offsets any preV￿￿S revaluation gain, in which case the loss is shown within Other recognised gains and losses on the statement ot tinanud activrb'es. Depro¢latlon Deprgciation is calcuLqbJ so as to write ott the ￿81 or valuabon of an asset. less its residual value. ov•r th8 useful e￿nOMiC Irle of that assel as folltrws.. Fixlures. fitlings and equirAnent - straight fine Imylnnont ol Ilxed assets A review for indicators of impaimient is Carried out at each reporting date. ¥￿th the recoverab amourrt being estimatgj where sl￿ indicators exist. Wheie the carrwng value exceeds the recoverable amounL the asset is IMWr￿ accordingty. Prior impaim)ents are also rewewed foT possibb reversal al each reForbng dale. Longlown Memorlal Hall Communlty Centre Company Llmiied by Guarantee Notes to the Flnanclal Statements (&*nthu•d) Year ended 31 March 2021 Accountlng pollcles (¢omth Impalmwrt of Ilxod assots For the purp)ses of impairmerrt testing. when il K8 nol w)￿[ble to estimate the recoverable amount ol an indiwdual asset. an estimate is made ol Ihe recoverable amount of the cash- generating unil lo which the asset belongs. The ¢ash-generating unit is the smallest idgnlrfiable group of assets that includes the asset and generates cash infbws that larggly independent of the cash inflows from othef assets 01 groups of awts. For impairmern testing of gocthill. the 9th11 acquired in a ￿sInesS comknnalion is, from the acquisition date. allocated to each of the cash-generating units that aro expeded lo benefit from the synergias ol tho combination. iffeswtive of whether other assets or Iiaknliiie5 01 the charity are assigned lo those units. LlnAted by guarantee Longtown Memorial Hdl Cornmunty Centre is a ¢ompany limrted by guarantee. and does not have a share caplal. The members of the company are the tnjslees list&J on page l. Donatlons arKI legxlgs Unrestricted Funds Restricted Total Funds Funds Qr8nts Grants r￿eNab 39,300 4,120 43,420 Unrestricted Funds Restricted Total Funds Funds 2020 Grants Grants receNabb Charltable acllvltles Unrestricted Funds Restrfcted Total Funds Funds Longtovm MHCC Club Ltd Lettings Sunbed, Sauna, Toning tthes Gym Squash Bowling Badminton Coflee Bar Membership Other income 1,586 4,165 4,165 5.751 5,751 10 Longtown Memorlal Hall Community Centre Company Limited by Guarantee Noies io the Financial Statements Year end8d 31 March 2021 Charftable actlvllles (eonttnwdj Unrestricted Funds Restrict&J Total Funds FuThJ$ 2020 Longtown MHCC Club Ltd Lettings Sunbed. Sauna. Toning tthes Gym Squash Bowling Badminton Coffee Bar Membership Othor ineorne 775 23.833 880 3.420 1,960 2,609 775 25,101 3,420 1,960 2,609 3,538 118 3,538 118 128 37,311 1,268 38,579 Other tradlng a¢tlvrth8 Unrestricted Funds Reslricted Total Funds Funds Fundraising events Unrestriclgd Funds Restricted Total Funds Funds 2020 Fundraising events 207 163 370 Investmont Incorne Unrestrcied Total Funds Unrestricted Toiaf Funds Funds 2021 Funds 2020 Bank irrterest re¢eivaJJle 12 12 345 11 Longtown Memorlal Hall Communlty Centre Company Llmlted by Guarantee Notes to the Flnancial Statemenls (cont￿) Year ended 31 March 2021 Expondlture on chorltable acllvlllos by fund typ• Unrestricted Funds Restri¢led Total Funds Funds Centre Support costs 12,630 2,400 15.030 30,660 700 43.2 3,100 46,3 31,360 Unrestrictgd Funds Restricted Total Funds Funds 2020 Centre SL6PPOrt costs 43,552 3.996 60.456 240 104,008 4,236 47,548 60.696 108,244 10. Expondlture on charltable actlvftlos by acltvlty type Activities undertaken diredy SupFOrt costs Total funds Tot￿ fund 2020 Centre Govemance costs 43,290 3,100 46.390 104,008 4,236 108,244 3.100 3,1CQ 11. Netlnco Net in¢ome is stated after ¢hargirwlcred￿ftg)'. 2020 Depwiation of tangible fix8J ￿ets 363 11 Inthpondont oxamln•tlon fees 2021 2020 Fees payab￿ lo the independenl examiner for: Independent examination of the finanoal statements 480 13. Staff Costs The lolat staff c4)sts and gmpbyee tenefts for the ieFKJrting pericKi are anatys￿l as follows.. 2020 Wages and salaries 21,199 67,060 12 Longtown Memorlal Hall Communlty Centre Company Llmlted by Guarantee Noles to the Flnanclal Statements I￿n Year ended 31 March 2021 The average head cwnt of employBes during the year was 1 {2020: 11. The average number of full-lime equivalent employees duriro the year is an￿Y$9￿ as folbws". 2020 No. NUrn￿er of $tsff No employeg receiv￿ employee beneffts of MO￿ than £60.0(KJ during lh8 yèar12020: Nill. 14. Trustee remuneratlon and oxpons No remuneration or other tenefits from empl¢)yinent with the charty or a ￿lated entity received by the truslees. 15. Tanglbb fIX￿ 488ots Equlpment At 1 Aprll 2020 and 31 March 2021 Deproclotlon At 1 Aprll 2020 and 31 March 2W21 Carrylng amount Al 31 March 2021 4,456 4,456 At 31 March 2020 1& Debtors 2020 Trade debtors Prepayments and accrued in())me 1,991 1,296 3,287 3,786 1,157 4,943 17. Cvodltors: amounts falllng due wlthln onfr yow 2021 2020 Accruals and deferred income 660 13 Longtown Memorlal Hall Communlty Centre Company Llmlted by Guarantee Notes to Ihe Flnanclal Statements {¢¢nUTh￿) Year ended 31 March 2021 18. *mal￿10 of chathable funds UnTaStrlcted lunds At 1 Wil 2020 31 March 202 In￿rne Exper￿rture GenerJ furKis 5,514 115,0301 35.547 At 31 March 202 At 1 A￿11 2019 Inr#)me Ex￿ndit￿re Generd fuThJ$ 15,199 37,863 147,5481 5,514 Re•trlcted lunds At 1 AFNiI 2020 31 March 202 In￿)me Expendttijre CCC Wages Youth Fund Peoples Progect Wind Farm Grants Lunch Club Awards lor All 27,240 8.729 4.120 131,3601 8,729 8.wo 5,589 8,000 5,589 4,120 131,3601 22,318 At 31 March 202 1 Awil 2019 In￿rne Expe￿Ill￿re CCC Wages Yo￿th FuThJ Peoples Prcgsct Wind Farm Grants Lunch Club Awards lor Al 127,2401 111.7381 110,5851 27.240 8,729 4,862 10.585 8.0 15.605 8,000 5.589 14,8271 16,3061 160.6961 6,306 31.189 79.065 49,558 14 Longtown Memorial Hall Communlty Centre Company Llmhed by Guarantee Notes to the Flnancial Statements (¢(¥￿￿￿1 Year ended 31 March 2021 19. Andysls ol not assots botwow funds un￿trict￿Y Funds Restri￿ed Tolal Funds Funds Cijrrent assets Creditors less than 1 >par Net assets 36,207 16601 35,547 22,318 58,525 16601 57,865 22.318 Unrestricted Funds Restricted Total Funds Funds 2020 Tangibl• fixed assets Current assets Cr¢dilors1oss than 1 ￿par Not oUOts 6,174 (6601 5,514 49,558 55.732 16601 55,072 49,558 15 Longtown Memorlal Hall Community Centre Company Llmiied by Guara￿ee Management Informatlon Year ended 31 March 2021 lollowlng p8ge8 do not lorm part ol tho Ilnanclal ststements 16 Longtown Memorlal Hall Community Centre Company Umiied by Guarantee Detalled Statement of Financial Activlties Year ended 31 March 2021 2020 Income and frndowmgnts Donatlon$ and legados GrarFts rKeivable 43,420 77,634 Charltablè actlvlti Longlown MHCC Club Ltd Lettings Sunbed, Sauna, Toning tab Gym Squash Bowling Badminton Coffee Bar Membership Oiher income 775 25.101 4.165 3,420 1,960 2,609 50 3,538 118 128 5,751 38.579 Othor tradlng octlvltles Fundraising events 370 Investmont Income Bank interest receivable 12 345 Total Income 49,183 116,928 17 Longtown Memorlal Hall Community Centre Company Llmlted by Guarantee Detsiled Statement ol Flnanclal Aciivltles Year ended 31 March 2021 2020 Expendllure Expendfture on eharltable actlvltles Wages and salaries Rent Rates and water Light and heat Repairs and maFntenance Insurance Legal and professiona5 fees Telephone Depreciation Inieresi on bank loans and overdralts Catering expenses Coffee bar Event costs L￿enceS and subscriptions Printing, ststionery arKI pxtsge Advertsin Laundry & Cateri Sundry Expenses Computer Expense$ 21,199 191 970 8,852 5,502 1,157 3,100 67,060 1,528 1,178 9,867 2,820 1,174 3,873 2,751 363 269 1,208 2.882 7,819 1,569 680 236 1,807 1,350 241 120 235 2,265 46,390 108,244 Total oxpwdltvr• 46,390 108,244 Not Income 2.793 8,684 18 Longtown Memorlal Hall Community Centre Company Umited by Guarantee Noies io the Detalled siatement of Flnanclal Acllvltles Year ended 31 March 2021 2020 Exp￿dIt￿re on charllable •ctlvltl88 Centre Actlvltle$ undertakan dlr•LYty Wageslsalarias Rent Rates & wale( Light & heal Repairs & maintenance Insurance Telephone Bank charges Catering Expenses Coffee Bar Event Costs L￿enCeS and subscrptsons Printiro, slalionery and Fmtage Advertising Laundry & Catering Sundry Expenses CompLrtef Expenses 21,199 191 970 8.852 5,502 1,157 2,558 241 67,060 1,528 1,178 9,867 2,820 1,174 2,751 269 1.208 2,882 7,819 1,569 235 236 1,607 1.3SO 2,265 43.290 104,008 Governance costs Accountancy lees Legal and other professK)nal fees Depreciation 2,515 1,358 363 3,100 3.100 4,236 Expendllure on ¢h*ftable acllvltles 46.3￿1 108,244