**CHARITY REGISTRATION NUMBER: 1154860**
# **Cutteslowe and District Community Association Unaudited Financial Statements**
**31 March 2022**
## **Cutteslowe and District Community Association**
## **Financial Statements**
## **Year ended 31 March 2022**
||**Page**|
|---|---|
|`Trustees' annual report`|**1**|
|`Independent examiner's report to the trustees`|**5**|
|`Statement of financial activities`|**6**|
|`Statement of financial position`|**7**|
|`Accounting policies`|**0**|
|`Notes to the financial statements`|**11**|
|**The following pages do not form part of the financial statements**||
|`Detailed statement of financial activities`|**20**|
|`Notes to the detailed statement of financial activities`|**22**|
## **Cutteslowe and District Community Association**
## **Trustees' Annual Report**
## **Year ended 31 March 2022**
```
The trustees present their report and the unaudited financial statements of the charity for the year
ended 31 March 2022.
```
## **Reference and administrative details**
**Registered charity name** `Cutteslowe and District Community Association` **Charity registration number** `1154860` **Principal office** `31 Wren Road Oxford OX2 7SX`
## **The trustees**
`P Woolley (Appointed 1 May 2021) A Childs D Anderson H Baker S Buckley A Johnson S McCready S Scheele T Blake` **Independent examiner** `Nicola Jane Cadwallader FCCA For and On Behalf of David Cadwallader & Co Limited Suite 3 Bignell Park Barns Chesterton Bicester Oxon OX26 1TD`
**- 1 -**
## **Cutteslowe and District Community Association**
**Trustees' Annual Report** _**(continued)**_
## **Year ended 31 March 2022**
## **Structure, governance and management**
```
The charity is a charitable incorporated organisation (Charity Commission No 1154860) which was
registered on 4 December 2013 and is governed by a constitution agreed at its annual meeting.
```
```
Funds from the unincorporated charity Cutteslowe and District Community Association (registered
charity no. 304340) were donated to the charity on that date.
```
```
Trustees are elected at the annual meeting of the charity. New trustees are co-opted at other times
but their appointment must be confirmed at the next annual meeting.
```
```
The Association aims to have a board of trustees which:
```
```
a) contains the skills and expertise (for example in personnel, finance, health and safety, safeguarding,
data protection and premises management) which are required to run a modern charity effectively, and
```
```
b) understands the nature of the issues facing the particular community which it seeks to serve and
can develop strategies to address them.
```
```
The day-to-day operations of the Community Centre (hereinafter called 'the Centre') are managed by
the Centre Manager who reports directly to the Board of Trustees. From January 2021,this role has
been fulfilled by Stephanie Jankovic.
```
```
The trustees meet as a management committee at least 10 times a year. These meetings are
frequently attended by an official from the City Council, local City and County Councillors and the
Centre's manager. Others are invited as necessary. The trustees meet separately as required to
consider particular issues. Sub-committees meet regularly to monitor aspects of the Association's
operations.
```
**- 2 -**
**Cutteslowe and District Community Association**
**Trustees' Annual Report** _**(continued)**_
## **Year ended 31 March 2022**
## **Objectives and activities**
```
The objectives of the charity are to:
```
```
a)promote the benefit of the inhabitants of the area of benefit without distinction of gender, sexual
orientation, nationality, age, disability, race or of political, religious or other opinions by associating
together the said inhabitants and the statutory authorities, voluntary and other organisations in a
common effort to advance education and to provide facilities in the interests of social welfare for
recreation and leisure time occupation with the object of improving the conditions of life for the said
inhabitants; and,
```
```
b)establish, or secure the establishment, of a Community Centre and to maintain and manage the
same (whether alone or in co-operation with any statutory authority or other person or body) in
furtherance of the above objects;
```
```
The Association shall be non-party in politics and non-sectarian in religion. The area of benefit shall be
Cutteslowe and the surrounding district.
```
## **Activities**
```
Its principal activities in furtherance of these objectives are
```
- `a) to maintain a community centre which is available for hire by individuals and groups, and`
- `b) to run events and activities for the benefit of the whole community and for particular groups within it. As a general rule projects are not initiated until full funding for them has been secured.`
```
The Association currently employs a part-time Centre Manager and a part-time assistant. Other staff
are engaged to assist in the running of particular activities as required.
```
```
The staff are assisted by over 30 volunteers who take an active part in the running of particular
activities th whom the trustees offer their warmest thanks.
```
```
The charity maintains strong links and works with a range of organisations including government
agencies, local authorities, private and state schools, religious establishments, other charities,
neighbourhood groups and private trusts.
```
## **Public Benefit**
```
We have referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our future activities.
```
**- 3 -**
## **Cutteslowe and District Community Association**
**Trustees' Annual Report** _**(continued)**_
## **Year ended 31 March 2022**
## **Achievements and performance**
```
Covid and covid restrictions continued to determine what the Community Centre was able to provide to
some degree throughout the period to March 2022. During the first financial quarter we were still in
receipt of Job Retention Scheme funding, but by June all employees were working again.
```
```
As foreshadowed in last year's commentary two programmes, the Community Larder and Sunnymead
Minnows, continued to run every week throughout the year and gradually other activities and
organisations hiring our rooms started up again. The Larder, run by St Andrew's Church and its
volunteers was busy throughout but Minnows, our free provision for under 5s, was circumscribed in
what it could offer by the need for distancing and could only manage with reduced numbers. Conscious
of what children have missed through lockdown we were able, again in a modified form, to reinstate
activities for under 16's for five weeks in the school summer holidays. Just over 300 children from 212
families came to at least one activity. Thanks to generous financial support from Oxford City Council,
its Councillors, St Michael's Church and St Edward's School and many who gave their time, we were
able to make this free of charge.
```
```
Over the last three years the Centre has gradually been refurbished and we expect that the last
element, our kitchen, to be completed in 2022. As the surroundings have become less utilitarian so the
Centre has been easier to manage and the use by local residents for parties and other social
occasions has steadily increased and will continue to do so in 2022/23. We would like to thank all
those trusts and others listed in note 3 of the accounts and also the many individuals who live in our
neighbourhood who have been so generous with their donations for their continued support of the
Centre.
```
## **Financial review**
```
In 2021/22 our income and expenditure were almost balanced and we will carry forward virtually the
same level of funds as we had available at the end of March 2021. Looking to the future we anticipate
that conditions will become more difficult, both for ourselves, many of those that use our facilities and
for our funders.
```
```
The trustees' annual report was approved on 25 January 2023 and signed on behalf of the board of
trustees by:
```
```
Ann Childs
Chair and Trustee
```
**- 4 -**
## **Cutteslowe and District Community Association Independent Examiner's Report to the Trustees of Cutteslowe and District Community Association**
## **Year ended 31 March 2022**
```
I report to the trustees on my examination of the financial statements of Cutteslowe and District
Community Association ('the charity') for the year ended 31 March 2022.
```
## **Responsibilities and basis of report**
```
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011 (‘the Act’).
```
```
I report in respect of my examination of the charity's financial statements carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given
by the Charity Commission under section 145(5)(b) of the Act.
```
## **Independent examiner's statement**
```
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or`
`2. the financial statements do not accord with those records; or`
`3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.`
```
I have no concerns 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 the
accounts to be reached.
```
```
Nicola Jane Cadwallader FCCA
Independent Examiner
```
```
For and On Behalf of
David Cadwallader & Co Limited
Suite 3 Bignell Park Barns
Chesterton
Bicester Oxon
OX26 1TD
```
**- 5 -**
## **Cutteslowe and District Community Association**
## **Statement of Financial Activities**
## **Year ended 31 March 2022**
||||**2022**||`2021`|
|---|---|---|---|---|---|
|||`Unrestricted`|`Restricted`|||
|||`funds`|`funds`|**Total funds**|`Total funds`|
||**Note**|**£**|**£**|**£**|`£`|
|**Income and endowments**||||||
|`Donations and legacies`|**3**|`30,796`|`38,412`|**69,208**|`107,567`|
|`Charitable activities`|**4**|`4,786`|`–`|**4,786**|`(235)`|
|`Other trading activities`|**5**|`257`|`–`|**257**|`–`|
|`Investment income`|**6**|`14`|`–`|**14**|`120`|
|`Other income`|**7**|`161`|`–`|**161**|`–`|
|||��������|��������|��������|���������|
|**Total income**||`36,014`|`38,412`|**74,426**|`107,452`|
|||��������|��������|��������|���������|
|**Expenditure**||||||
|`Expenditure on charitable activities`|**8,9**|`49,022`|`27,079`|**76,101**|`89,580`|
|||��������|��������|��������|���������|
|**Total expenditure**||`49,022`|`27,079`|**76,101**|`89,580`|
|||��������|��������|��������|���������|
|||��������|��������|��������|���������|
|**Net (expenditure)/income**||`(13,008)`|`11,333`|**(1,675)**|`17,872`|
|||��������|��������|��������|���������|
|`Transfers between funds`||`7,734`|`(7,734)`|**–**|`–`|
|||��������|��������|��������|���������|
|**Net movement in funds**||`(5,274)`|`3,599`|**(1,675)**|`17,872`|
|**Reconciliation of funds**||||||
|`Total funds brought forward`||`74,156`|`13,534`|**87,690**|`69,818`|
|||��������|��������|��������|���������|
|**Total funds carried forward**||`68,882`
��������|`17,133`
��������|**86,015**
��������|`87,690`
���������|
```
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
```
**The notes on pages 11 to 18 form part of these financial statements.**
**- 6 -**
## **Cutteslowe and District Community Association**
## **Statement of Financial Position**
## **31 March 2022**
|||**2022**||`2021`|
|---|---|---|---|---|
||**Note**|**£**|**£**|`£`|
|**Fixed assets**|||||
|`Tangible fixed assets`|**15**||**18**|`788`|
|**Current assets**|||||
|`Debtors`|**16**|**–**||`1,606`|
|`Cash at bank and in hand`||**87,101**||`86,488`|
|||��������||��������|
|||**87,101**||`88,094`|
|**Creditors: amounts falling due within one year**|**17**|**1,104**||`1,192`|
|||��������||��������|
|**Net current assets**|||**85,997**|`86,902`|
||||��������|��������|
|**Total assets less current liabilities**|||**86,015**|`87,690`|
||||��������|��������|
|**Net assets**|||**86,015**|`87,690`|
||||��������|��������|
|**Funds of the charity**|||||
|`Restricted funds`|||**17,133**|`13,534`|
|`Unrestricted funds`|||**68,882**|`74,156`|
||||��������|��������|
|**Total charity funds**|**20**||**86,015**
��������|`87,690`
��������|
```
These financial statements were approved by the board of trustees and authorised for issue on 25
January 2023, and are signed on behalf of the board by:
```
```
Ann Childs
Chair and Trustee
```
```
Donald Anderson
Treasurer and Trustee
```
```
Ann Johnson
Finance Committee Chair and Trustee
```
**The notes on pages 11 to 18 form part of these financial statements.**
**- 7 -**
## **Cutteslowe and District Community Association**
## **Accounting Policies**
## **Year ended 31 March 2022**
## **Basis of preparation**
```
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair value
through income or expenditure.
```
```
The financial statements are prepared in sterling, which is the functional currency of the entity.
```
## **Going concern**
```
The accounts have been prepared on a going concern basis.
```
## **Judgements and key sources of estimation uncertainty**
```
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
```
## **Fund accounting**
```
Unrestricted funds are general funds available for the general objectives of the charity.
```
```
Designated funds are unrestricted reserves that have been set aside by the Charity for particular
purposes.
```
```
Restricted funds can only be used for the purposes for which they have been given, within the
objectives of the Charity. The costs of raising and administering such funds are charged against those
specific funds. The various funds are detailed in the notes to the accounts.
```
## **Incoming resources**
```
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction will flow
to the charity and the amount can be reliably measured. The following specific policies are applied to
particular categories of income:
```
• `income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.`
• `legacy income is recognised when receipt is probable and entitlement is established.`
• `income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.`
• `income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.`
**- 8 -**
# **Cutteslowe and District Community Association**
**Accounting Policies** _**(continued)**_
# **Year ended 31 March 2022**
## **Resources expended**
```
Expenditure is included on the accruals basis and is recognised when there is a legal or constructive
obligation to pay for the goods or services.
```
```
As the Charity is not registered for VAT, all expenditure is shown inclusive of VAT.
```
## **Tangible assets**
```
All capital expenditure in excess of £1,000, for a single item or a group of similar items, is capitalised.
```
## **Depreciation**
```
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows:
```
```
Fixtures & Fittings -20% straight line
Computer Equipment -33% straight line
```
## **Impairment of fixed assets**
```
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount
being estimated where such indicators exist. Where the carrying value exceeds the recoverable
amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at
each reporting date.
```
```
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of
an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to
which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that
includes the asset and generates cash inflows that largely independent of the cash inflows from other
assets or groups of assets.
```
```
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from the
synergies of the combination, irrespective of whether other assets or liabilities of the charity are
assigned to those units.
```
## **Government grants**
```
Government grants are recognised at the fair value of the asset received or receivable. Grants are not
recognised until there is reasonable assurance that the charity will comply with the conditions attaching
to them and the grants will be received.
```
```
Where the grant does not impose specified future performance-related conditions on the recipient, it is
recognised in income when the grant proceeds are received or receivable. Where the grant does
impose specified future performance-related conditions on the recipient, it is recognised in income only
when the performance-related conditions have been met. Where grants received are prior to satisfying
the revenue recognition criteria, they are recognised as a liability.
```
## **Financial instruments**
```
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
```
**- 9 -**
## **Cutteslowe and District Community Association**
**Accounting Policies** _**(continued)**_
## **Year ended 31 March 2022**
```
Basic financial instruments are initially recognised at the amount receivable or payable including any
related transaction costs.
```
```
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
```
```
Debt instruments are subsequently measured at amortised cost.
```
```
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably,
the investment is subsequently measured at fair value with changes in fair value recognised in income
and expenditure. All other such investments are subsequently measured at cost less impairment.
```
```
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment
for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a
market rate, in which case the asset is measured at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument.
```
```
Other financial instruments are subsequently measured at fair value, with any changes recognised in
the statement of financial activities, with the exception of hedging instruments in a designated hedging
relationship.
```
```
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of
impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial activities in
which the initial gain was recognised.
```
```
For all equity instruments regardless of significance, and other financial assets that are individually
significant, these are assessed individually for impairment. Other financial assets are either assessed
individually or grouped on the basis of similar credit risk characteristics.
```
```
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result
in a carrying amount of the financial asset that exceeds what the carrying amount would have been
had the impairment not previously been recognised.
```
## **Defined contribution plans**
```
Contributions to defined contribution plans are recognised as an expense in the period in which the
related service is provided. Prepaid contributions are recognised as an asset to the extent that the
prepayment will lead to a reduction in future payments or a cash refund.
```
```
When contributions are not expected to be settled wholly within 12 months of the end of the reporting
date in which the employees render the related service, the liability is measured on a discounted
present value basis. The unwinding of the discount is recognised as an expense in the period in which
it arises.
```
**- 10 -**
**Cutteslowe and District Community Association**
## **Notes to the Financial Statements**
## **Year ended 31 March 2022**
## **1. General information**
```
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal office is 31 Wren Road, Oxford, OX2 7SX.
```
## **2. Statement of compliance**
```
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Charities Act 2011.
```
## **3. Donations and legacies**
||`Unrestricted`|`Restricted`|**Total Funds**|
|---|---|---|---|
||`Funds`|`Funds`|**2022**|
||`£`|`£`|**£**|
|**Donations**||||
|`Gift Aid`|`1,663`|`–`|**1,663**|
|`Appeals, donations and pledges`|`18,009`|`3,280`|**21,289**|
|`City and County Councillors`|`500`|`5,600`|**6,100**|
|`Oxford City Council`|`–`|`–`|**–**|
|**Grants**||||
|`Oxford City Council`|`–`|`3,000`|**3,000**|
|`Tolkein Trust`|`–`|`15,000`|**15,000**|
|`St Michael's & All Saints Trust`|`–`|`2,000`|**2,000**|
|`St Margaret's Institute`|`–`|`–`|**–**|
|`Mactaggart Third Fund`|`–`|`–`|**–**|
|`Oxford Community Foundation`|`–`|`8,100`|**8,100**|
|`St Andrews PCC`|`1,676`|`–`|**1,676**|
|`Wates Foundation`|`–`|`–`|**–**|
|`Government grant income`|`8,948`|`1,432`|**10,380**|
||��������|��������|��������|
||`30,796`|`38,412`|**69,208**|
||��������|��������|��������|
||`Unrestricted`|`Restricted`|`Total Funds`|
||`Funds`|`Funds`|`2021`|
||`£`|`£`|`£`|
|**Donations**||||
|`Gift Aid`|`2,877`|`–`|`2,877`|
|`Appeals, donations and pledges`|`17,965`|`806`|`18,771`|
|`City and County Councillors`|`500`|`344`|`844`|
|`Oxford City Council`|`–`|`736`|`736`|
**- 11 -**
## **Cutteslowe and District Community Association**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2022**
## **3. Donations and legacies** _**(continued)**_
||`Unrestricted`|`Restricted`|`Total Funds`|
|---|---|---|---|
||`Funds`|`Funds`|`2021`|
||`£`|`£`|`£`|
|**Grants**||||
|`Oxford City Council`|`3,500`|`–`|`3,500`|
|`Tolkein Trust`|`15,000`|`–`|`15,000`|
|`St Michael's & All Saints Trust`|`–`|`–`|`–`|
|`St Margaret's Institute`|`9,847`|`–`|`9,847`|
|`Mactaggart Third Fund`|`–`|`1,000`|`1,000`|
|`Oxford Community Foundation`|`–`|`3,817`|`3,817`|
|`St Andrews PCC`|`–`|`–`|`–`|
|`Wates Foundation`|`4,636`|`4,000`|`8,636`|
|`Government grant income`|`37,149`|`5,390`|`42,539`|
||��������|��������|���������|
||`91,474`
��������|`16,093`
��������|`107,567`
���������|
## **4. Charitable activities**
||`Unrestricted`|**Total Funds**|`Unrestricted`|`Total Funds`|
|---|---|---|---|---|
||`Funds`|**2022**|`Funds`|`2021`|
||`£`|**£**|`£`|`£`|
|`Room hire`|`4,786`
�������|**4,786**
�������|`(235)`
����|`(235)`
����|
## **5. Other trading activities**
||`Unrestricted`|**Total Funds**|`Unrestricted`|`Total Funds`|
|---|---|---|---|---|
||`Funds`|**2022**|`Funds`|`2021`|
||`£`|**£**|`£`|`£`|
|`Fundraising events`|`257`|**257**|`–`|`–`|
||����|����|����|����|
|**Investment income**|||||
||`Unrestricted`|**Total Funds**|`Unrestricted`|`Total Funds`|
||`Funds`|**2022**|`Funds`|`2021`|
||`£`|**£**|`£`|`£`|
|`Bank interest receivable`|`14`|**14**|`120`|`120`|
||����|����|����|����|
## **6. Investment income**
## **7. Other income**
||`Unrestricted`|**Total Funds**|`Unrestricted`|`Total Funds`|
|---|---|---|---|---|
||`Funds`|**2022**|`Funds`|`2021`|
||`£`|**£**|`£`|`£`|
|`Other income`|`161`|**161**|`–`|`–`|
||����|����|����|����|
**- 12 -**
## **Cutteslowe and District Community Association**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2022**
## **8. Expenditure on charitable activities by fund type**
||`Unrestricted`|`Restricted`|**Total Funds**|
|---|---|---|---|
||`Funds`|`Funds`|**2022**|
||`£`|`£`|**£**|
|`General Centre running costs`|`47,913`|`–`|**47,913**|
|`Cutteslow Seniors`|`–`|`5,637`|**5,637**|
|`Art Club`|`–`|`1,658`|**1,658**|
|`Dance Club`|`–`|`1,482`|**1,482**|
|`Sunnymead Minnows`|`–`|`11,474`|**11,474**|
|`Seniors`|`–`|`–`|**–**|
|`Bushcraft`|`–`|`9`|**9**|
|`Summer Programme`|`–`|`6,819`|**6,818**|
|`Community Larder`|`–`|`–`|**–**|
|`Support costs`|`1,109`|`–`|**1,110**|
||��������|��������|��������|
||`49,022`|`27,079`|**76,101**|
||��������|��������|��������|
||`Unrestricted`|`Restricted`|`Total Funds`|
||`Funds`|`Funds`|`2021`|
||`£`|`£`|`£`|
|`General Centre running costs`|`69,933`|`–`|`69,933`|
|`Cutteslow Seniors`|`–`|`–`|`–`|
|`Art Club`|`–`|`2,363`|`2,363`|
|`Dance Club`|`–`|`1,697`|`1,697`|
|`Sunnymead Minnows`|`–`|`7,739`|`7,739`|
|`Seniors`|`–`|`3,532`|`3,532`|
|`Bushcraft`|`–`|`–`|`–`|
|`Summer Programme`|`–`|`–`|`–`|
|`Community Larder`|`–`|`3,220`|`3,220`|
|`Support costs`|`1,096`|`–`|`1,096`|
||��������|��������|��������|
||`71,029`|`18,551`|`89,580`|
||��������|��������|��������|
## **9. Expenditure on charitable activities by activity type**
||`Activities`||||
|---|---|---|---|---|
||`undertaken`||**Total funds**|`Total fund`|
||`directly Support costs`||**2022**|`2021`|
||`£`|`£`|**£**|`£`|
|`General Centre running costs`|`47,913`|`–`|**47,913**|`69,933`|
|`Cutteslow Seniors`|`5,637`|`–`|**5,637**|`–`|
|`Art Club`|`1,658`|`–`|**1,658**|`2,363`|
|`Dance Club`|`1,482`|`–`|**1,482**|`1,697`|
|`Sunnymead Minnows`|`11,474`|`–`|**11,474**|`7,739`|
|`Seniors`|`–`|`–`|**–**|`3,532`|
|`Bushcraft`|`9`|`–`|**9**|`–`|
|`Summer Programme`|`6,818`|`–`|**6,818**|`–`|
|`Community Larder`|`–`|`–`|**–**|`3,220`|
|`Governance costs`|`–`|`1,110`|**1,110**|`1,096`|
||��������|�������|��������|��������|
||`74,991`
��������|`1,110`
�������|**76,101**
��������|`89,580`
��������|
**- 13 -**
## **Cutteslowe and District Community Association**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2022**
## **10. Net (expenditure)/income**
```
Net (expenditure)/income is stated after charging/(crediting):
```
```
Depreciation of tangible fixed assets
```
**2022** `2021` **£** `£` **770** `770` ���� ����
## **11. Independent examination fees**
**2022** `2021` **£** `£ Fees payable to the independent examiner for: Independent examination of the financial statements` **990** `990` ���� ����
## **12. Staff costs**
```
The total staff costs and employee benefits for the reporting period are analysed as follows:
```
||**2022**|`2021`|
|---|---|---|
||**£**|`£`|
|`Wages and salaries`|**33,359**|`31,448`|
|`Employer contributions to pension plans`|**599**|`1,007`|
||��������|��������|
||**33,958**
��������|`32,455`
��������|
```
Centre Staff during the year were Pam Woolley (2 months), Stephanie Jankovic and Mariana
Bujons (12 months each)
```
```
Centre Manager Stephanie Jankovic20 hours a week
Administration Assistant Mariana Bujons8/10 hours a week
Seniorsco-ordinator Sylvia Barker22 hours per calendar month
Art club leader Helen Edwards2 hours per week in term time
Dance club leader Ting Ting Yang1.5 hours per week in term time
```
```
Bushcraft leader/Summer Programme leader Fiona Greenwood does hours as required No
employee recieved employee benefits of more than £60,000
```
```
The charity received income of £1,903 under the Government Job Rentention Scheme, the
income being shown within Government Grant income in Note 3.
```
```
The average head count of employees during the year was 6 (2021: 5).
```
```
No employee received employee benefits of more than £60,000 during the year (2021: Nil).
```
## **13. Trustee remuneration and expenses**
```
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
```
**- 14 -**
**Cutteslowe and District Community Association**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2022**
## **14. Transfers between funds**
```
Where expenditure on a restricted fund exceeds income, the balance is covered by a transfer
from general reserves.
```
```
The detail is shown in note 20.
```
## **15. Tangible fixed assets**
|||`Fixtures and`|||
|---|---|---|---|---|
|||`fittings`|`Equipment`|**Total**|
|||`£`|`£`|**£**|
||**Cost**||||
||**At 1 April 2021 and 31 March 2022**|`7,352`|`1,773`|**9,125**|
|||�������|�������|�������|
||**Depreciation**||||
||`At 1 April 2021`|`7,167`|`1,170`|**8,337**|
||`Charge for the year`|`185`|`585`|**770**|
|||�������|�������|�������|
||**At 31 March 2022**|`7,352`|`1,755`|**9,107**|
|||�������|�������|�������|
||**Carrying amount**||||
||**At 31 March 2022**|`–`|`18`|**18**|
|||�������|�������|�������|
||`At 31 March 2021`|`185`|`603`|`788`|
|||�������|�������|�������|
|**16.**|**Debtors**||||
||||**2022**|`2021`|
||||**£**|`£`|
||`Other debtors`||**–**|`1,606`|
||||����|�������|
|**17.**|**Creditors:** **amounts falling due within one year**||||
||||**2022**|`2021`|
||||**£**|`£`|
||`Accruals and deferred income`||**990**|`990`|
||`Other creditors`||**114**|`202`|
||||�������|�������|
||||**1,104**
�������|`1,192`
�������|
## **18. Pensions and other post retirement benefits**
## **Defined contribution plans**
```
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £599 (2021: £1,007).
```
**- 15 -**
## **Cutteslowe and District Community Association**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2022**
## **19. Government grants**
```
The amounts recognised in the financial statements for government grants are as follows:
```
```
Recognised in income from donations and legacies:
Government grants income
```
|**2022**|`2021`|
|---|---|
|**£**|`£`|
|**10,380**
��������|`42,539`
��������|
## **20. Analysis of charitable funds**
## **Unrestricted funds**
|**Unrestricted funds**||||||
|---|---|---|---|---|---|
||`At`||||**At 31 March**|
||`1 April 2021`|`Income`|`Expenditure`|`Transfers`|**2022**|
||`£`|`£`|`£`|`£`|**£**|
|`General funds`|`69,869`|`36,014`|`(49,022)`|`7,734`|**64,595**|
|`Centre refurbishment`|`4,287`|`–`|`–`|`–`|**4,287**|
||��������|��������|��������|�������|��������|
||`74,156`|`36,014`|`(49,022)`|`7,734`|**68,882**|
||��������|��������|��������|�������|��������|
||`At`||||`At 31 March`|
||`1 April 2020`|`Income`|`Expenditure`|`Transfers`|`2021`|
||`£`|`£`|`£`|`£`|`£`|
|`General funds`|`30,592`|`77,512`|`(37,623)`|`(612)`|`69,869`|
|`Centre refurbishment`|`23,846`|`13,847`|`(33,406)`|`–`|`4,287`|
||��������|��������|��������|����|��������|
||`54,438`|`91,359`|`(71,029)`|`(612)`|`74,156`|
||��������|��������|��������|����|��������|
|**Restricted funds**||||||
||`At`||||**At 31 March**|
||`1 April 2021`|`Income`|`Expenditure`|`Transfers`|**2022**|
||`£`|`£`|`£`|`£`|**£**|
|`Newsletter`|`77`|`–`|`(1)`|`–`|**76**|
|`Art Club`|`–`|`1,236`|`(1,658)`|`422`|**–**|
|`Dance Club`|`25`|`213`|`(1,482)`|`1,244`|**–**|
|`Seniors`|`–`|`7,545`|`(5,637)`|`(150)`|**1,758**|
|`Sunnymead Minnows`|`10,639`|`13,000`|`(11,474)`|`(2,730)`|**9,435**|
|`Good Neighbour`||||||
|`Scheme`|`93`|`–`|`–`|`(93)`|**–**|
**- 16 -**
## **Cutteslowe and District Community Association**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2022**
## **20. Analysis of charitable funds** _**(continued)**_
|`Family Film Club`|`566`|`–`|`–`|`–`|**566**|
|---|---|---|---|---|---|
|`50s Connect`|`–`|`–`|`–`|`–`|**–**|
|`Community Larder`|`2,134`|`1,000`|`–`|`(2,471)`|**663**|
|`Room Hire Support`|`–`|`1,740`|`–`|`(918)`|**822**|
|`Bushcraft`|`–`|`1,728`|`(9)`|`–`|**1,719**|
|`Summer Programme`|`–`|`11,950`|`(6,818)`|`(3,038)`|**2,094**|
||��������|��������|��������|�������|��������|
||`13,534`|`38,412`|`(27,079)`|`(7,734)`|**17,133**|
||��������|��������|��������|�������|��������|
||`At`||||`At 31 March`|
||`1 April 2020`|`Income`|`Expenditure`|`Transfers`|`2021`|
||`£`|`£`|`£`|`£`|`£`|
|`Newsletter`|`77`|`–`|`–`|`–`|`77`|
|`Art Club`|`–`|`1,961`|`(2,362)`|`401`|`–`|
|`Dance Club`|`1,144`|`578`|`(1,697)`|`–`|`25`|
|`Seniors`|`–`|`3,086`|`(3,532)`|`446`|`–`|
|`Sunnymead Minnows`|`13,265`|`5,114`|`(7,740)`|`–`|`10,639`|
|`Good Neighbour`||||||
|`Scheme`|`93`|`–`|`–`|`–`|`93`|
|`Family Film Club`|`566`|`–`|`–`|`–`|`566`|
|`50s Connect`|`235`|`–`|`–`|`(235)`|`–`|
|`Community Larder`|`–`|`5,354`|`(3,220)`|`–`|`2,134`|
|`Room Hire Support`|`–`|`–`|`–`|`–`|`–`|
|`Bushcraft`|`–`|`–`|`–`|`–`|`–`|
|`Summer Programme`|`–`|`–`|`–`|`–`|`–`|
||��������|��������|��������|����|��������|
||`15,380`|`16,093`|`(18,551)`|`612`|`13,534`|
||��������|��������|��������|����|��������|
## **21. Analysis of net assets between funds**
||`Unrestricted`|`Restricted`|**Total Funds**|
|---|---|---|---|
||`Funds`|`Funds`|**2022**|
||`£`|`£`|**£**|
|`Tangible fixed assets`|`18`|`–`|**18**|
|`Current assets`|`69,968`|`17,133`|**87,101**|
|`Creditors less than 1 year`|`(1,104)`|`–`|**(1,104)**|
||��������|��������|��������|
|**Net assets**|`68,882`|`17,133`|**86,015**|
||��������|��������|��������|
||`Unrestricted`|`Restricted`|`Total Funds`|
||`Funds`|`Funds`|`2021`|
||`£`|`£`|`£`|
|`Tangible fixed assets`|`788`|`–`|`788`|
|`Current assets`|`74,560`|`13,534`|`88,094`|
|`Creditors less than 1 year`|`(1,192)`|`–`|`(1,192)`|
||��������|��������|��������|
|**Net assets**|`74,156`|`13,534`|`87,690`|
||��������|��������|��������|
**- 17 -**
## **Cutteslowe and District Community Association**
**Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2022**
## **22. Related parties**
```
No transactions with related parties were undertaken such as are required to be disclosed under
the FRS102.
```
**- 18 -**