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REGISTERED COMPANY NUMBER: 08319680 (England and Wales) REGISTERED CHARITY NUMBER: 1153521
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Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2021
for
ST FRANCIS YOUTH AND COMMUNITY CENTRE (A COMPANY LIMITED BY GUARANTEE)
Stanley Yule Chartered Accountants Waterside House Waterside Business Park 1649 Pershore Road Birmingham West Midlands B30 3DR
ST FRANCIS YOUTH AND COMMUNITY CENTRE
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Contents of the Financia! Statements for the year ended 31 March 2021 ee
Page Report of the Trustees 1 to 3 Independent Examiner's Report 4 Statement of Flnanclal Activities 5 Balance Sheet 6 to 7 Notes to the Financial Statements 8 to 15 Detailed Statement of Financial Activitles 16 to 17
ST FRANCIS YOUTH AND COMMUNITY CENTRE (REGISTERED NUMBER: 08319680)
Report of the Trustees for the year ended 31 March 2021
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The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present thelr report with the financlal statements of the charlty for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objects
The charity's objects for the public benefit are specifically restricted to the followlng:
to further or benefit primarily (but not limlted to) those residing In or near the Parlsh of St Francis, Bournville without distinction of sex, sexual orientation, race or political, religious or other opinions by associating together the residents and local authorities, voluntary or other organtsations In a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving the conditions of life for residents and particularly (but without limitation) for young people.
Main Activities
The main activities are the After School and Holiday Clubs (K@Boom) and Friday Lunch Club organised by the Centre. In addition, facilities are provided for groups involved in the care of young persons and others In accordance with the above objects. Specifically this includes Hopscotch nursery, adult leisure classes, Tai Chi and the Rita Cashmore Schoo! of Dance.
The COVID-19 pandemic that has been ongoing throughout the perlod these accounts cover has meant that the centre has faced varying levels of restrictions, including lockdowns and reduced capacity. The centre closed to most In March 2020 and only remained open for Hopscotch to look after the children of key workers. The centre reopened for Kaboom holiday club in August 2020 (in very small numbers) as a trial run for full reopening in September 2020. Kaboom after school club reopened in September 2020, but to smaller numbers to comply with ‘bubble! requirements. Some leisure classes returned In September 2020 as well untll the centre had to close for lockdown in December 2020. During this lockdown, we were able to remain open for Hopscotch and Kaboom after school club. However, Kaboom closed when schools were asked to close in January 2021 and reopened in March 2021. A number of leisure classes and Lunch Club have not used the centre at all during this financlal year.
This has meant our main activities have not been carried out to the same extent as they have in previous years. However, the hope Is once the pandemic is over and restrictions are fully lifted, that our main activities will go back to some semblance of normality.
Public benefit The Directors/Trustees have given careful consideration to the Charity Commission's general guidance on public benefit and the Centre furthers its objects for the public benefit as described above.
ACHIEVEMENT AND PERFORMANCE
The income for the year amounted to £171,489 (2020 - £207,332) and comprised parental fees, grants and rental for the use of the Centre. Also Included in this Is other income of £74,389, which is made up of COVID-19 support grants from local government, Coronavirus Job Retention Scheme grants, and Employment Allowance. Expenditure was £175,309 (2020 - £232,693) during the year which produced a deficlt of £3,820 (2020 - £25,693) before net gain on Investments of £2,699 (2020 - toss £225),
At 31st March 2021 the net assets were £74,646 (2020 - £75,767). This figure represented Unrestricted Funds of £9,549 (2020 - £9,090) plus Restricted Funds of £18,718 (2020 - £21,146). The Restricted Funds are for the Friday Lunch Club, to ensure its continuation to provide a weekly meeting and lunch venue for the elderly, for the Youth Club to further develop work with the youth sector, for Pop Up Art, and for the Duke of Edinburgh Award Scheme.
There are also Designated Funds of £46,379 (2020 - £45,531) which consists of a 3 month operational cost reserve of £42,879 (2020 - £42,879), £3,500 (2019 - Entl) youth fund, and £nll {2020 - £2,652) for planned maintenance projects.
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ST FRANCIS YOUTH AND COMMUNITY CENTRE (REGISTERED NUMBER: 08319680}
Report of the Trustees for the year ended 31 March 2021
AS
FINANCIAL REVIEW
Principal funding sources , The Charity's principal funding source is income from after school and hollday clubs.
Investment policy and objectives The Charity's investment relates to shareholding in the CBF Church of England Investment Fund. At the balance sheet date the Charlty's Investment portfolio had a market value of £15,685
Reserves policy As stated above the unrestricted and designated funds amounted to £55,928 at 31st March 2021 (2020 - £54,621). The general fund Is the working capital of the Centre. The designated funds are as follows:
Maintenance - For planned maintenance projects and regular malntenance needs of the Centre.
3 Month Operating Reserve - This would cover all closing down, operational and redundancy costs of the Centre for 3 months, should the business have to cease.
Youth Fund - To further develop work with the youth sector.
All the funds are summarised In note 12. The directors/trustees consider the general fund of £9,549 (2020 - £9,090) is an appropriate level of reserves subject to the additional designated funds, which the dlrectors/trustees keep under constant review.
STRUCTURE, GOVERNANCE AND MANAGEM ENT
Governing document etc
The organisation Is a charitable company limited by guarantee, incorporated on 5th December 2012 and registered as a charlty on 23rd August 2013. The company began trading on 1st April 2015. The company was established under a Memorandum of Association which established the objects and powers of the Charitable Company and Is governed under its Articles of Assoclation. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.
Recrultment and appointment of Directors and Trustees The Directors of the company are also charity trustees for the purposes of charity law and under the company's Artides are known as charlty members. The board comprises up to seven directors/trustees appointed by the Parochial Church Council, up to seven directors/trustees appointed by the board and the Vicar of St Francls Bournville.
All directors/trustees of the charitable company give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in note 5 to the financial statements.
Organisational structure The charity Is small, administration being carried out by Centre staff, overseen by the directors/trustees who meet 3-4 times through the year.
Risks The directors/trustees have a duty to Identify and review the risks to which the charitable company ts exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
There are no major risks identified by the directors/trustees.
Pay Policy for Senior Staff The directors consider the board of directors, who are the Trust's trustees, and the senior management team comprise the key management personnel of the charlty of directing and controlling, running and operating the Trust on a day to day basis. All directors give of thelr time freely and no director recelved remuneration in the year. The pay of senlor staff is reviewed annually and normally Increased in accordance with average earnings.
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ST FRANCIS YOUTH AND COMMUNITY CENTRE (REGISTERED NUMBER: 08319680) Report of the Trustees for the year ended 31 March 2021
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number ’ 08319680 (England and Wales) , Registered Charity number 1153521 Registered office Sycamore Road Bournville Birmingham United Kingdom B30 2AA ; Trustees Rev P G Babington Chalr (resigned 18.7.20) - resigned 18,7.20 Mr G V Clarke Vice Chair (resigned 2.7.20) Mr W G Rice Vice Chalr (appointed 2.7.20) MrJ D Pickup Board Appolntee Mr P E Penrose PCC Appointee Mr W D Mason PCC Appointee Ms T Mitchell Board Appointee (Community - BVT) Mr RAL Wilford PCC Appointee Ms A Nicholls Board Appointee - appointed 16.7.20 Mrs R Sangha Board Appointee - appainted 16.7.20 independent Examiner Stanley Yule Chartered Accountants Waterside House Waterside Business Park 1649 Pershore Road Birmingham West Midlands B30 3DR
Bankers Lloyds Bank Plc, University of Blrmingham, Birmingham
Company Secretary and Finance Manager Jayne Clabon
Minute Secretary
Carol Hall
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order5 of the board of trustees On...Phe,ten Bethe thtbor andPee signed on its behalf by:
Mr W G Rice - Trustee
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Independent Examiner's Report to the Trustees of St Francls Youth And Community Centre (Registered number: 08319680)
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Independant examiner's report to the trusteas of St Francls Youth And Community Centra (‘the Company’) | report to the charity trustees-on my examination of the accounts of the Company for the year ended 31 March 2021, Responsibll|tles and basis-of report ' As the charity's trustees of the Compariy (and also Its dlrectors for the purposes of company law) you are responsible for the preparation ofthe accounts in accordance with thé requirements ofthe Companies Act 2006 ("the 2006Act’), Having satisfied myself that the atcounts of the Company are not required to be audited under Part 16 of the 2006 Act. and are eligible for Independent examination, {report In respect of my. examination of your charlty’s accounts as carried out under section 145 of the Charities Act 2012 (‘the 2014 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under sactton.145(5) {b} of the 2011 Act. Independent} have completed examiner'smy examination. statement | confirm that’ no matters have come to my attention In connection with the examination giving me cause to belleve:
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L accounting records were not kept in-respect of the Company as required by saction 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not cornply with the accounting requirements of section 396 of the 2006 Act other than any. requirement that the accounts give @ true and fair view which Is not @ matter considered as part of an independent examination; or
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- the accoupts have: not been prepared In accordance with ‘the methads and principles of tha Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing thelr accounts In accordance with the Financial Raporting Standard applicable in the UK and Republic of freland (FRS 102)).
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| have no concarns and have come across no other matters in connection with the examination to. which attention should be drawn in this report In order to enable a proper understanding of tha accounts te be reached.
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Bu Ses
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Birgltt Saunders FCCA ACA Stanley Yule Chartered Accountants Waterside House Waterside Businéss Park 1649 Pershore Road Birmingham West Midlands B30. 3DR Date: ey ae an
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ST FRANCIS YOUTH AND COMMUNITY CENTRE
Statement of Financlal Activities for the year ended 31 March 2021
| | | | | |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| a | Unrestricted fund |
Designated funds |
Restricted funds |
Total funds |
Total funds |
|
| {INCOMEANDENDOWMENTS | Notes | £ | £ | £ | £ | £ |
| FROM Voluntaryincome |
20,975 | 3,500 | 5,810 | 30,285 | 24,123 | |
| Charitable activities Charitable activities |
65,832 | - | - | 65,832 | 177,875 | |
| Activitlesforgeneratingfunds investmentincome OtherIncome |
2 3 |
247 623 73,017 |
- - - |
112 1 1,372 |
359 624 74,389 |
4,685 649 ~ |
| Total | 160,694 | 3,500 | 7,295 | 171,489 | 207,332 | |
| EXPENDITURE ON | ||||||
| Ralsingfunds Fundraisingtradingcosts |
- | - | - | Lo | 7 | |
| Charitable activities Charitable activities |
; 162,934 |
2,652 | 9,723 | 175,309 | 232,686 | |
| Total | 162,934 | 2,652 | 9,723 | 175,309 | 232,693 | |
| Netgalns/(losses) on Investments |
2,699 | - | - | 2,699 | (225) | |
| NETINCOME/(EXPENDITURE) | 459 | 848 | {2,428) | (1,121) | (25,586) | |
| RECONCILIATION OF FUNDS | ||||||
| Totalfunds broughtforward | 9,090 | 45,531 | 21,146 | 75,767 | 101,353 | |
| TOTALFUNDS CARRIED FORWARD |
9,549 | 46,379 | 18,718 | 74,646 | 75,767 |
The notes form part of these financial statements
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ST FRANCIS YOUTH AND COMMUNITY CENTRE (REGISTERED NUMBER: 08319680)
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|---|---|---|---|---|---|
|Balance|Sheet|
|31 March|2021|
|2021|2020|
|Notes|£|£|
|FIXED ASSETS|ct|
|Tangible assets|.|7|864|1,970|
|Investments|8|15,685|12,986|
|16,549|14,956|
|CURRENT ASSETS|
|Debtors|9|4,987|3,095|
|Cash at bank and|in|hand|82,511|82,959|
|87,498|86,054|
|CREDITORS|
|Amounts falling due within one year|10|(29,401)|(25,243)|
|NET CURRENT ASSETS|58,097|60,811|
|TOTAL ASSETS LESS CURRENT LIABILITIES|74,646|75,767|
|NET ASSETS|74,646|75,767|
|FUNDS|12|
|Unrestricted|funds:|
|General fund|9,549|9,090|
|Maintenance (Designated)|;|-|2,652|
|Youth|Project (Designated)|3,500|-|
|3 Months|Operating|Costs|(Designated)|42,879|42,879|
|55,928|54,621|
|Restricted|funds|18,718|21,146|
|TOTAL FUNDS|74,646|75,767|
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtaln an audit of its financial statements for the year ended 31. March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibllities for {a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affalrs of the charitable company as at the end of each financial year and of Its surplus or deficit for each financial year In accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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ST FRANCIS YOUTH AND COMMUNITY CENTRE (REGISTERED NUMBER: 08319680)
Balance Sheet - continued
31 March 2021
TT These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the smail compantes regime.
The financial statements were approved by the Board of Trustees and authorised for issue on G4 eg teanbein 2224... and were signed on its behalf by:
Mr WG Rice - Trustee
The notes form part of these financial statements
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ST FRANCIS YOUTH AND COMMUNITY CENTRE
Notes to the Financial Statements for the year ended 31 March 2021
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- ACCOUNTING POLICIES Basis of preparing the financial statements The financlal statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charitles SORP (FRS 102) 'Accounting and Reporting by Charitles: Statement of Recommended Practice applicable to charities preparing their accounts In accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of ireland' and the Companles Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of Investments which are Included at market value, as modified by the revaluation of certain assets. Recognition of incoming resources All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Incoming Resources with Related Expenditure Where incoming resources have related expenditure {as with fundralsing), the Incoming resources and related expenditure are reported gross In the Statement of Financlal Actlvitles.
Bank Interest Received This is included in the financlal staternents when recelvable Expenditure Liabilitles are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it Is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure Is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basls consistent with the use of resources. Expenditure includes VAT, which cannot be recovered.
Administration and other costs (Including support costs) Administration comprises management expenses for the running of the Centre itself. Other costs (Including support costs) comprise expenditure to facilitate use of the Centre. All costs have been allocated on a basis consistent with the use of resources.
Fixed assets Fixed Assets (excluding Investments) are stated at cost less accumulated depreciation. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired. Equipment used within the Centre is depreciated on a straight line basis over 4 years.
Investments held as fixed assets are revalued at mid-market value at the balance sheet date and the gain or loss taken to the Statement of Flnanclal Activities.
Taxation As a charity, St Francls Youth and Community Centre Is exempt from corporation tax on Its charitable activities.
Fund accounting Unrestricted funds can be used In accordance with the charitable objectives at the discretion of the trustees.
Designated funds represent funds set aside for particular purposes. The Maintenance Fund Is used for the - farger regular maintenance needs of the Centre and the 3 Month Operatlonal Cost Reserve contains funds to cover any redundancy payments and operational costs needed in the future. The Youth Fund is used to underwrite the work of the youth worker. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are ralsed for particular restricted purposes.
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ST FRANCIS YOUTH AND COMMUNITY CENTRE
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Notes to the Financial Statements - continued for the year ended 31 March 2021
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- ACCOUNTING POLICIES - continued Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Current assets Amounts owing to St Francis Centre at 31st March in respect of fees, lettIngs or other income are shown as debtors less provisions for the amounts that may prove uncollectable.
Short-term deposits include cash held on deposit at Lloyds Bank.
Going concern The accounts have been prepared on the basis of being a going concern as outllned in the Report of the Trustees,
impairment of assets At each reporting date fixed assets are reviewed to determine whether there is any Indicatlon that those assets have suffered an impairment loss. If there is an Indication of possible Impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estImated recoverable amount Is lower, the carrying amount is reduced to Its estimated recoverable amount, and an impalrment Joss is recognised immediately in the Statement of Financial Activities.
Donated services Donated professional services and donated facilities are recognised as income when the charity has control over the Item, any conditions associated with the donated item have been met and the receipt of economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of volunteers is not recognised. Please refer to the Report of the Trustees for more Information about the contribution of volunteers.
| 2. | ACTIVITIESFORGENERATINGFUNDS | 2021 | 2020 |
|---|---|---|---|
| £ | £ | ||
| Fundraising Coffee Bar |
89 270 |
2,601 2,084 |
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| 359 | 4,685 | ||
| 3. | INVESTMENTINCOME | 2021 | 2020 |
| £ | £ | ||
| Dividends Interest |
451 173 |
431 218 |
|
| 624 | 649 |
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ST FRANCIS YOUTH AND COMMUNITY CENTRE Notes to the Financial Statements - continued
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for the year ended 31 March 2021
a 4, NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
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|---|---|---|---|
|2021|2020|
|£|£|
|Depreciation|- owned assets|1,106|1,151|
|Independent examiner remuneration|1,200|1,170|
|Salaries and wages|124,556|138,085|
|Social security costs|5,317|6,954|
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5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 314 March 2020.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
6. STAFF COSTS
All staff are employed by the Centre on a part time basis. The average number of employees durlng the year, calculated on the basis of full time equivalents, was as follows:
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|---|---|---|
|2021|2020|
|K@Boom|5.2|6,0|
|Centre running and administration|2.4|1.9|
|Cooking and cleaning|0.6|0.6|
|Youth|0.4|0.3|
|Total|8.6|8.8|
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The charity administer contributions to a stakeholder pension scheme. In line with recent changes to lagistation, eligible staff were opted in to this scheme as at ist August 2017. The Centre contributes 3% for each of the employees who have chosen to stay in the scheme.
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ST FRANCIS YOUTH AND COMMUNITY CENTRE Notes to the Financial Statements - continued for the year ended 31 March 2021
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| ST FRANCIS YOUTH AND COMMUNITY CENTREFRANCIS YOUTH AND COMMUNITY CENTREYOUTH AND COMMUNITY CENTREAND COMMUNITY CENTRECENTRE Notes to the Financial Statementsto the Financial Statementsthe Financial StatementsFinancial StatementsStatements - continuedcontinued for the year ended 31 March 2021the year ended 31 March 2021year ended 31 March 2021ended 31 March 202131 March 2021March 20212021 |
ST FRANCIS YOUTH AND COMMUNITY CENTREFRANCIS YOUTH AND COMMUNITY CENTREYOUTH AND COMMUNITY CENTREAND COMMUNITY CENTRECENTRE Notes to the Financial Statementsto the Financial Statementsthe Financial StatementsFinancial StatementsStatements - continuedcontinued for the year ended 31 March 2021the year ended 31 March 2021year ended 31 March 2021ended 31 March 202131 March 2021March 20212021 |
ST FRANCIS YOUTH AND COMMUNITY CENTREFRANCIS YOUTH AND COMMUNITY CENTREYOUTH AND COMMUNITY CENTREAND COMMUNITY CENTRECENTRE Notes to the Financial Statementsto the Financial Statementsthe Financial StatementsFinancial StatementsStatements - continuedcontinued for the year ended 31 March 2021the year ended 31 March 2021year ended 31 March 2021ended 31 March 202131 March 2021March 20212021 |
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| 7. | TANGIBLEFIXEDASSETS | Office |
| Equipment | ||
| £ | ||
| COST At1April2020and31March 2021 |
8,444 | |
| DEPRECIATION At 1April 2020 Chargeforyear |
6,474 1,106 |
|
| At31 March 2021 | 7,580 | |
| NETBOOKVALUE At31March 2021 |
864 | |
| At31March2020 | 1,970 | |
| 8, | FIXEDASSETINVESTMENTS | Investments |
| £ | ||
| MARKETVALUE At1April 2020 Revaluations |
12,986 2,699 |
|
| At31March2021 | 15,685 | |
| NETBOOKVALUE At31March2021 |
15,685 | |
| At31March2020 | 12,986 | |
| Therewere no investmentassets outsidethe UK. | ||
| Holdingsat31stMarch2021:770shares IntheCBFChurch ofEngland InvestmentFund | ||
| Costorvaluation at31 March 2021 Is represented by: | ||
| Investments | ||
| £ | ||
| ValuationIn2021 | 15,685 |
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ST FRANCIS YOUTH AND COMMUNITY CENTRE Notes to the Financial Statements - continued for the year ended 31 March 2021
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|9.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|2021|2020|
|£|£|
|Trade|Debtors|-|71|
|Other Debtors|4,727|2,677|
|Prepayments|260|347|
|4,987|3,095|
|10.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|2022|2020|
|E|£|
|Taxation & Soclal|Security|1,057|1,233|
|Other creditors|2,305|690|
|Other Creditors & Accruals|26,039|23,320|
|29,401|25,243|
|11.|ANALYSIS OF NET ASSETS BETWEEN FUNDS|2021|2020|
|Unrestricted|Designated|Restricted|Total|Total|
|fund|funds|funds|funds|funds|
|£|£|£|£|£|
|Fixed assets|864|-|-|864|1,970|
|Investments|15,685|-|-|15,685|12,986|
|Current assets|22,401|46,379|18,718|87,498|86,054|
|Current|liabilities|(29,401)|-|-|(29,401)|(25,243)|
|9,549|46,379|18,718|74,646|75,767|
|12.|MOVEMENT IN FUNDS|Net|
|movement|At|
|At|1.4.20|in funds|31.3.21|
|£|£|£|
|Unrestricted funds|
|Genera! fund|9,090|459|9,549|
|Maintenance (Designated)|2,652|(2,652)|-|
|Youth|Project (Designated)|-|3,500|3,500|
|3 Months Operating|Costs|{Designated}|42,879|-|42,879|
|54,621|1,307|55,928|
|Restricted|funds|
|Lunch Club|16,798|(5,533)|11,265|
|Youth Club|Fund|2,105|(1,008)|1,097|
|Pop up Art|2,243|143|2,356|
|Duke of Edinburgh Award Scheme|Fund|-|4,000|4,000|
|21,146|(2,428)|18,718|
|TOTAL FUNDS|75,767|(1,121)|74,646|
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ST FRANCIS YOUTH AND COMMUNITY CENTRE
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Notes to the Flnancial Statements - continued
for the year ended 31 March 2021
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12. MOVEMENT IN FUNDS - continued .
Net movement in funds, included in the above are as follows:
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|---|---|---|---|---|---|
|Incoming|Resources|Gains|and|Movement|
|resources|expended|losses|in funds|
|£|£|£|£|
|Unrestricted funds|
|General fund|160,694|(162,934)|2,699|459|
|Maintenance (Designated)|-|{2,652)|“|(2,652)|
|Youth|Project (Designated)|3,500|-|-|3,500|
|164,194|(165,586)|2,699|1,307|
|Restricted|funds|
|Lunch|Club|1,682|(7,215)|-|(5,533)|
|Youth Club Fund|1,500|(2,508)|.|(1,008)|
|Pop up Art|113|-|-|113|
|Duke of Edinburgh Award Scheme Fund|4,000|-|-|4,000|
|7,295|(9,723)|-|(2,428)|
|TOTAL FUNDS|171,489|(175,309)|2,699|(1,121)|
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Comparatives for movement in funds
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|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1.4.19|in|funds|funds|31,3.20|
|£|£|£|£|
|Unrestricted funds|
|General fund|10,000|5,396|(6,306)|9,090|
|Maintenance (Designated)|19,056|(22,254)|5,850|2,652|
|3 Months Operating Costs (Designated)|50,000|(7,121)|-|42,879|
|79,056|{23,979}|{456)|54,621|
|Restricted|funds|
|Lunch|Club|3,753|13,045|-|16,798|
|Windows|Fund|10,924|(11,380)|456|-|
|Youth Club|Fund|7,620|(5,515)|-|2,105|
|Pop up Art|-|2,243|-|2,243|
|22,297|(1,607)|456|21,146|
|TOTAL FUNDS|101,353|(25,586)|-|75,767|
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ST FRANCIS YOUTH AND COMMUNITY CENTRE
Notes to the Financial Statements - continued for the year ended 31 March 2021
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|12.|MOVEMENT IN FUNDS|- continued|”|
|Comparative net movement in funds, Included|in the above are as follows:|
|Incoming|Resources|Gains and|Movement|
|resources|expended|losses|In funds|
|£|£|£|£|
|Unrestricted funds|
|General fund|176,288|(170,667)|(225)|5,396|
|Maintenance (Designated)|-|(22,254)|-|(22,254)|
|3 Months Operating Costs (Designated)|-|(7,121)|-|(7,121)|
|176,288|(200,042)|(225)|(23,979)|
|Restricted|funds|
|Lunch|Club|22,197|(9,152)|-|13,045|
|Windows|Fund|5,010|(16,390)|-|(11,380)|
|Youth Club|Fund|501|(6,016)|-|(5,515)|
|Pop up Art|3,336|(1,093)|-|2,243|
|31,044|(32,651)|-|(1,607)|
|TOTAL FUNDS|207,332|(232,693)|(225)|(25,586)|
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Fund details
Designated Funds; The Maintenance Fund is used for ongoing maintenance of the Centre. The 3 Month Operating Cost Reserve Fund Is to cover costs of the centre for 3 months should the business have to cease. The Youth Fund is designated for youth work.
Restricted Funds:
The Youth Club Fund is used to pay the youth worker and will also be used to fund some resources. The Lunch Club Fund Is restricted and used solely for the club attended by older adults on a Friday, The Pop Up Art Fund Is restricted for use In various arts and crafts classes. The Duke of Edinburgh Award Scheme Fund Is to be used towards this scheme.
13. RELATED PARTY DISCLOSURES
No trustee or other person related to the charity had any personal interest In any contract or transaction entered into by the charity during the year.
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Transactions|between|St|Francis|Youth|and|Community|Centre|and|the|Parochial|Church|Council|of|the|
|Ecclestastical|Parish|of St|Francis of Assisi,|Bournville (PCC|Bournville)|as a|related|party are|as follows:|
|Relationship|Description|2021|2020|
|£|£|
|Owner of bullding|Reimbursement to PCC|Bournville for heating,|(8,770}|(9,000)|
|lighting,|printing &|photocoples|
|Employment|of staff|Reimbursement from|PCC Bournville for the|9,076|17,786|
|shared|costs|of employing|the treasurer,|parish|
|administrator|and|youth|worker,|as well|as|full|
|cost|of the|children's|choir|director|
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continued...
ST FRANCIS YOUTH AND COMMUNITY CENTRE
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Notes to the Financial Statements - continued for the year ended 31 March 2021
- RELATED PARTY DISCLOSURES - continued
Total 306 8,786
As at 31st March 2021 there was nothing due from St Francis Centre to PCC Bournville (31st March 2020: £Nil).
St Francis Centre paid no rental to PCC Bournville for the use of the St Francis Centre buildings (31st March 2020: ENIl).
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ST FRANCIS YOUTH AND COMMUNITY CENTRE
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|||||||||
|---|---|---|---|---|---|---|---|
|Detailed Statement of Financial Activities|
|,|for the year ended 31|March|2021|
|TTvw|
|2021|2020|
|:|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|£|£|£|£|
|INCOME AND ENDOWMENTS|
|Voluntary income|
|Donatlons|975|-|975|-|
|Grants|- Youth Club|3,500|5,500|9,000|-|
|Grants|-|Lunch|Club|-|300|300|17,998|
|GrantsLunch Club- Centre - Donations|20,000-|10-|20,00010|6,000125|
|ee|||
|24,475|5,810|30,285|24,123|
|Activities|for generating funds|
|Fundralsing|20|69|89|2,601|
|Coffee|Bar|227|43|270|2,084|
|247|112|359|4,685|
|investment Income|
|Dividends|450|1|451|431|
|Interest|173|-|173|218|
||_—|||
|623|1|624|649|
|Charitable|activities|
|After School|Club|Fees|41,131|-|41,131|140,840|
|Holiday|Club|Fees|3,000|-|3,000|3,497|
|Centre Rent - Hopscotch|14,273|-|14,273|14,432|
|Centre Rent - Leisure|Classes|4,007|-|4,007|5,912|
|Centre|Rent|- Dance Club|300|-|300|2,435|
|Centre|Rent - Youth|-|-|-|501|
|Private|Lettings|33|-|33|2,104|
|Other Regular Lettings|3,088|-|3,088|4,080|
|Lunch|Club|- Subscriptions|-|-|-|4,074|
|65,832|-|65,832|177,875|
|Other Income|
|Job|Retention Scheme Grants|59,349|1,372|60,721|-|
|Employment|allowance|4,000|-|4,000|-|
|Local|Government COVID|Grants|9,668|-|9,668|-|
|73,017|1,372|74,389|-|
|Tota!|incoming resources|164,194|7,295|171,489|207,332|
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This page does not form part of the statutory financial statements
Page 16
ST FRANCIS YOUTH AND COMMUNITY CENTRE
Detailed Statement of Financial Activities
| | | | | | J :
| | | | | | | | | | | } i
for the year ended 31 March 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| Unrestricted funds £ |
Restricted funds £ |
Total funds £ |
Tota! funds £ |
|
| EXPENDITURE | ||||
| FundralsIngtradingcosts CoffeeBar |
- | - | - | 7 |
| Charitable activities | ||||
| K@Boom Salaries (Incl Ers NI} | 78,902, | 2,432 | 81,334 | 92,959 |
| K@Boom General | 2,301 | - | 2,301 | 6,912 |
| Lunch Club | - | 7,215 | 7,215 | 6,303 |
| Youth expenses | - | 76 | 76 | 718 |
| Youth ciub rent | - | - | - | 818 |
| Governance andrunningcosts | 81,203 | 9,723 | 90,926 | 107,710 |
| Governance and running costs Salaries Penslons Insurance |
45,866 2,977 3,514 |
- - - |
45,866 2,977 3,514 |
47,439 3,601 3,384 |
| Heat, Light&Water | 8,684 | - | 8,684 | 8,262 |
| Internet& Phone | 1,255 | - | 1,255 | 1,716 |
| Printing, Stationery& Postage | 547 | - | 547 | 435 |
| Advertising&Website | 30 | - | 30 | 465 |
| Independent Examiner's Fee | 720 | - | 720 | 720 |
| Professional Fees | 13 | - | 13 | 816 |
| Cleaning BuildingRepairs&Maintenance Furniture& Fittings |
4,424 4,212 - |
- - - |
4,424 4,212 - |
4,701 38,128 31 |
| Equipment Purchase & Repair | : | - | - | 399 |
| Computers&Software | 3,252 | - | 3,252 | 4,278 |
| General | 2,095 | - | 2,095 | 2,402 |
| Refuse & RecyclingCollectlon | 1,451 | - | 1,451 | 1,134 |
| Consumables Consultancy Human Resources&Recruitment BankCharges |
822 2,314 805 296 |
: - - - |
822 2,314 805 296 |
1,682 1,360 2,052 821 |
| Office Equipment | 1,106 | - | 1,106 | 1,151 |
| 84,383 | - | 84,383 | 124,976 | |
| Totalresourcesexpended Netexpenditure |
165,586 (1,392) |
9,723 (2,428) |
175,309 (3,820) |
232,693 (25,361) |
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This page does not form part of the statutory financial statements
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Page 17