**REGISTERED CHARITY NUMBER: 1156379** ## **BARNES COMMUNITY ASSOCIATION** **Unaudited Financial Statements for the Year Ended 31 December 2021** Tudor John Limited Nightingale House 46-48 East Street Epsom Surrey KT17 1HQ **BARNES COMMUNITY ASSOCIATION** **Contents of the Financial Statements for the year ended 31 December 2021** ||**Page**| |---|---| |**Report of the Trustees**|1 to 6| |**Independent Examiner's Report**|7| |**Statement of Financial Activities**|8| |**Balance Sheet**|9| |**Notes to the Financial Statements**|10 to 16| |**Detailed Statement of Financial Activities**|17 to 18| ## **BARNES COMMUNITY ASSOCIATION** ## **Report of the Trustees for the year ended 31 December 2021** The trustees present their report with the financial statements of the charity for the year ended 31 December 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES Objectives and aims** The charity's objects are: To promote the benefit of the inhabitants of Barnes ("the neighbourhood") without distinction of sex, race, political, religious or other opinions, by fostering a sense of community in the neighbourhood and bringing together the inhabitants, the local authorities and voluntary associations in a common effort to: (1) advance education and to provide facilities for recreation and leisure-time occupations, in the interests of social welfare, and with the object of improving the conditions of life in the neighbourhood; (2) promote the preservation, development and improvement, for the public benefit, of the character and amenities of the neighbourhood; and, (3) establish a Community Centre ("the Centre") and acquire, maintain and manage, either alone or in cooperation with others, the centre for activities promoted by the CIO and its members in furtherance of the above objects. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Page 1 ## **BARNES COMMUNITY ASSOCIATION** ## **Report of the Trustees for the year ended 31 December 2021** ## **ACHIEVEMENT AND PERFORMANCE** With the on-going Pandemic in 2021 we were unable to have the Barnes Fair for the second year in a row, however as things improved, we were able to hold the Food Fair in September 2021, which was enthusiastically embraced by the community, the weather also was wonderful. We also manged to hold the easter duck race and dog walk. A new CRM system (Salesforce) has been implemented to enable better tracking of membership and volunteers. We have also moved the accounting system from Sage to Xero, allowing full integration of Payroll and the accounting system, we now have a fully integrated system for accounting, payroll, expenses and projects The water fountain has been installed outside the OSO on Barnes Green, this will allow people to refill their water bottles to reduce “single use” water bottles. The Green Bridge Project for Barnes Bridge is still underway but has been delayed due to the Pandemic. Our green keeper has continued to work tirelessly during the year to keep the Pond and the Green looking as good as possible as these areas have proved to be vital to residents’ well-being during lockdowns. He has continued to work on the Beverly Brook improvements. ## (1) Improving the conditions of life in the neighbourhood The BCA improves the conditions of life in the neighbourhood both through its own actions and through supporting the activities of local charities and not-for-profit organisations. Rose House, a 17th Century building in the centre of Barnes, is the headquarters of the BCA and a centre for the community. It is staffed every day by the BCA staff and volunteers who welcome residents and visitors alike and offer them information and help. During term time mornings most of the rooms in the house are used by The BCA English School (a separate charity). The school provides education to some 200 students of 20 different nationalities during a year. The building also hosts classes in other subjects and offers facilities for recreation and leisure-time occupations. This year the BCA provided in total £7347 of financial support to 9 other voluntary organisations that underpin the social fabric of the neighbourhood. We have sponsored events such as the Barnes Music Festival and Barnes Children's Literature Festival. We have made grants across a wide spectrum to organisations such as St Mary Barnes Scouts, Barnes Film Festival and OSO Arts. and many more organisations. Some of these have been involved with us in joint fundraising activities or have benefited from a contribution from the event because of their work to prepare and help make it happen. We started and completed a project to get computers/tablets into the hands of school children to assist them in being able to continue with their lessons at home, we got support from Amazon on this. An adult learning programme has also been started to help older people use computers, in conjunction with Mortlake Community Association and Castlenau Community Centre, funded by the Barnes Fund. Our quarterly publication, Prospect, is used to promote the events and activities of a whole range of voluntary organisations; regularly those of FiSH Neighbourhood Care, Barnes Community Players, Barnes Literary Society, OSO Community Arts Centre, The Friends of Barnes Common and London Wetland Centre. The BCA runs several fundraising events, some of which are sponsored in whole or in part by local businesses, which also generate real community spirit. We continued the successful fund-raising initiative, through the generous support of the Barnes Turkey Runners to raise money to cover the costs of the Christmas Day lunch which the BCA organises for those who would otherwise be alone on Christmas Day. Page 2 ## **BARNES COMMUNITY ASSOCIATION** ## **Report of the Trustees for the year ended 31 December 2021** The dementia friendly park area around the Barnes Pond area, which was the first dementia friendly park in the Richmond borough, is now well established and suits the area very well allowing people with dementia, and everyone, to enjoy the local area and benefits to their health and wellbeing that comes with being outdoors. The BCA is very grateful for the support it receives from the local Council to help with these local initiatives. ## (2) Preserving the character and improving the amenities of the neighbourhood The quality of the buildings in Barnes and the low density of housing, together with large open spaces, are among the most enviable features of the area but need both constant protection and support. The views of the environment are represented to the BCA through Raphael Zachary-Younger, who is a Trustee. The inputs he shares have been particularly important in respect of the Hammersmith Bridge closure and working with the Council and TFL to ensure the community is as informed as possible about the planning and timescale of the closure. The electric delivery bike has been used by local businesses and members. There is a close association with the Friends of Barnes Common (FOBC), itself a charity, which is Richmond Council's official consultee on our Local Nature Reserve - over 50 hectares (100 acres) of Metropolitan Open Land. FOBC aims to preserve the character of the Common for future generations through conservation work and wildlife walks and talks, which includes looking after the Leg o' Mutton nature reserve. The vaccine rollout was continued, and our volunteers have been helping with the delivery at Essex House Surgery. A new hedgerow has been planted on the Barnes Green, to aid and encourage wildlife, there was some objections from the local property owners, but it went ahead. We have re-started our plans for a Men’s Shed in Barnes, and plans are underway, together with fundraising initiatives. We have been working with local community groups as the development of the area round Stag Brewery takes shape to ensure that local views are included in the final design decisions. There has been continued involvement in this to understand the impact following the Hammersmith Bridge closure. The BCA was delighted that after working with Atkins and DSDHA (an urban design consultancy) to submit a feasibility study into the future of the High Street to the Council that it has now been awarded a grant to progress with work. Page 3 ## **BARNES COMMUNITY ASSOCIATION** ## **Report of the Trustees for the year ended 31 December 2021** ## **FINANCIAL REVIEW Statement on Public Benefit** In setting the above objects and managing its activities the Trustees have considered the Charity Commission's guidance on Public Benefit. ## Financial review The financial review covers the year ended 31 December 2021 with the comparatives for a twelve-month period to 31 December 2020. Income for the period was £166,314 (2020: £118,561) of which £23,763 was income allocated to restricted funds. Total expenditure amounted to £155,701 (2020: £125,821) for the year. The results for the period show an excess of income over expenditure of £10,613 (2020 Deficit (£7260)). It is the policy of the charity to aim for a break-even position on its regular charitable activities, this year we had a small deficit on regular activities of (£1284) with a surplus on restricted funds of £11,897. The net Funds and cash position at the end of the period improved and remain strong overall because of the asset held in Rose House and therefore the Trustees consider the overall financial position of the charity to be satisfactory due to receiving CJRS grant. ## **Policy on reserves** In considering their policy on reserves the Trustees have taken account of particular risks that they carry, which are: - cancellation of Barnes Fair, which is the main fundraising event because of the Covid 19 Pandemic. - unplanned maintenance of the freehold property, Rose House, a 17thC listed building. - inherent risks arising from employment contracts. In view of these risks the Trustees consider it prudent to maintain reserves equivalent to at least six months of its current level of expenditure, but the trustees are identifying appropriate projects to support using the excess of general funds over the target level set by the charity commission. The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. ## **FUTURE PLANS** We have a focus on increasing membership and looking at our marketing activities to do so to appeal to all the inhabitants of Barnes and, to promote volunteering. We have increased our focus on social media to appeal to all members and to target prospective ones too. We are bringing more focus and attention to our strategy and five-year plan and how we can demonstrate the value of the BCA to the Barnes community to encourage them to become members and support events and consequently support local charitable requests the BCA receives. Focusing on how the BCA can more fully become and be seen as the hub of the community is a focus for 2022. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Page 4 ## **BARNES COMMUNITY ASSOCIATION** ## **Report of the Trustees for the year ended 31 December 2021** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** There is a maximum of twelve trustees of which nine are elected by the membership. The elected trustees may nominate a further three trustees in order to bring additional skills and experience to the trustee board. At each AGM three of the elected trustees retire and all the nominated trustees retire. At the 2021 AGM, Philip Thomas, Helen Edwards and James Felix automatically retire, as Nominated Trustees, and were re-nominated and re-elected. The trustees normally meet ten times per year. The trustees appoint from amongst their number the officers - Chairman, Vice-Chairman, Hon. Treasurer and Hon. Secretary. The Trustees who served the CIO during the year were shown under the Reference and Administrative details section below. At the trustees’ meetings trustees collectively reviewed the Charity Commission's Guidance (CC3) 'The Essential Trustee: what you need to know' as part of the induction for new trustees and as a refresher for existing trustees. The CIO employs a small team of part-time staff supplemented by volunteers. We continue to engage with the membership and to communicate the achievements of the BCA to the inhabitants of Barnes through our database and our systems of communication including the new website and a social media presence. The BCA's monthly publication Prospect has continued to promote the BCA and keep its members informed about our activities. During the year two editions of Prospect are distributed to all the households in Barnes. We also now send out electronically Prospect + to further inform the membership on a monthly basis and have been reviewing how best to interact with our members through email and social media. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1156379 ## **Principal address** Rose House 70 Barnes High Street Barnes London SW13 9LD ## **Trustees** Ms N Urquhart P Thomas Ms A Cowpe (resigned 31.3.21) J Felix (resigned 08.12.21) R Zachary-Younger Ms H Edwards T E Barnett J I McNeilly A J Lockwood (resigned 08.12.21) M J Purser Maral Mesrobian (appointed 22.07.21) Milton Catelin (appointed 22.07.21) Page 5 ## **BARNES COMMUNITY ASSOCIATION** ## **Report of the Trustees for the year ended 31 December 2021** **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Tudor John Limited Nightingale House 46-48 East Street Epsom Surrey KT17 1HQ Approved by order of the board of trustees on ............................................. and signed on its behalf by: 24 August 2022 .......................................................................... J I McNeilly - Trustee Page 6 Indepelldent Examiner's Report to the Trustees of Barn¢$ CoThmunity AsSOCiatio Independent examÉner's report to the tiwstees of Barnes Community AssoeialioD I report to tlie cliariiy tnistees on my examination of tlie accounts of Bames Con)munity Association (the TNstl for tlie year eiided 31 Deceniber 2021. Re$p0115ibilitie5 And bASiS of report As Ilie Charit￿ irLi%iees of tl)e Trust. you are responsible for the preparation of th¢ a¢¢ounts in accordance with the reqiiiremenis of the Charities Act 201 I {'the A¢i'l_ I report in respect of my exaii)inatioll of die Trust's accounts Carried out under section 145 of tlie Act and iii carrying ollr my examination I have followed all applicable Direciiojis given by the Charity Comini$5101) Linder section 14515llb} of the A¢t. Indepelldent exaRnI￿er'S stgtement I have completed rny ¢.xaiiiination. I confirm tha¢ no material niatters have ¢ome io my attentioii in connection with the examitlation givin8 me callse to believe that in any material respect: accoun¢ints records were not kcpt in resp¢¢t of tl)e Tiiist as required by section IJO of the Act. or the accoLiiits. do Jiol accord wilh those rerord5,' or the accoiltils do not ¢i)rtiplJ witl) the applicable requirements ¢on¢eri)ing the form and coiitent of accoiiiits set out in Ihe Chanti¢s (AccouIits arid Reports) Regiilatii)n$ 2008 other Iliaji aji). requirement that the accounts give a true and fail. I'ieiv Ivliich is not a Inatier coiisideTed a5 part of an indepeiideiil exaniination. I have no ¢onc¢ms and have come across no oiher matter5 in connection with the examination to which attention should be diawn in thi5 report in order to enable a proper understanding of th¢ a¢coui)ts to be reached. Hazel Day Tudor John Limtted Ni&Thiingal¢ House 46-48 East Street Epsom Siirrey KT17 IHQ Page 7 ## **BARNES COMMUNITY ASSOCIATION** ## **Statement of Financial Activities for the year ended 31 December 2021** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
44,441
**Charitable activities**
Prospect Newsletter
12,850
Town Centre Manager
7,000
Charitable activities
8,227
Other trading activities
2
70,021
Investment income
3
12
Other income
-
**Total**
142,551
**EXPENDITURE ON**
Raising funds
21,335
**Charitable activities**
Prospect Newsletter
11,773
Town Centre Manager
2,630
General
106,000
Green Keeper/ Appeals/ FOSRR
2,097
Charitable activities
-
Men's shed
-
**Total**
143,835
**NET INCOME/(EXPENDITURE)**
(1,284)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
115,945
**TOTAL FUNDS CARRIED FORWARD**
114,661|Restricted
funds
£
500
-
-
23,263
-
-
-
23,763
-
-
-
11,866
-
-
-
11,866
11,897
9,273
21,170|2021
Total
funds
£
44,941
12,850
7,000
31,490
70,021
12
-
166,314
21,335
11,773
2,630
117,866
2,097
-
-
155,701
10,613
125,218
135,831|2020
Total
funds
£
41,261
5,797
900
31,650
13,703
137
25,113
118,561
13,991
4,049
18,964
72,244
12,779
500
3,294
125,821
(7,260)
132,478
125,218| |---|---|---|---| The notes form part of these financial statements Page 8 ## **BARNES COMMUNITY ASSOCIATION** ## **Balance Sheet 31 December 2021** |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
7
75,305
**CURRENT ASSETS**
Debtors
8
8,256
Cash at bank and in hand
78,961
87,217
**CREDITORS**
Amounts falling due within one year
9
(47,861)
**NET CURRENT ASSETS**
39,356
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
114,661
**NET ASSETS**
114,661
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
21,170
21,170
-
21,170
21,170
21,170|2021
Total
funds
£
75,305
8,256
100,131
108,387
(47,861)
60,526
135,831
135,831
114,661
21,170
135,831|2020
Total
funds
£
73,029
6,323
75,499
81,822
(29,633)
52,189
125,218
125,218
115,945
9,273
125,218| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 24 August 2022 and were signed on its behalf by: ............................................. J I McNeilly - Trustee The notes form part of these financial statements Page 9 **BARNES COMMUNITY ASSOCIATION** **Notes to the Financial Statements for the year ended 31 December 2021** ## **1. ACCOUNTING POLICIES** ## **BASIS OF PREPARING THE FINANCIAL STATEMENTS** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **INCOME** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be assessed reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Assets for distribution are recognised only when distributed. Assets given for use by the charity are recognised when receivable. Stocks of undistributed donated goods are not valued for balance sheet purposes. Grants receivables are recognised on a receipt basis. Membership subscriptions are recognised when received. Subscription income received in advance is deferred. Interest receivable is recognised when receivable and the amount can be measured reliably. This is normally upon notification of the interest paid or payable by the bank. Income from fundraising activities is recognised in the period when earned. Income from advertisements is recognised when the booking is completed. Other income, including the sale of goods and services, is recognised on sale and on completion of the service. ## **EXPENDITURE** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Grants payable are payments made to third parties in the furtherance of the charitable objectives of the charity. Grant awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the charity. Expenditure is recognised in the period in which it is incurred. Expenditure on charitable activities include the costs of the fundraising and the events held for the community and the purpose of the charity and their associated support costs. Expenditure includes attributable VAT which cannot be recovered. Support costs represent indirect charitable expenditure including back-office costs, finance, personnel and governance costs. Support costs have been allocated between governance costs and other support costs. continued... Page 10 **BARNES COMMUNITY ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 December 2021** ## **1. ACCOUNTING POLICIES - continued** ## **EXPENDITURE** Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulations and good practice. These costs include costs related to statutory audit and legal fees together with an apportionment of overhead and support costs Governance and support costs relating to the charitable activities have been apportioned based on the usage of The Centre and its facilities. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. ## **TANGIBLE FIXED ASSETS** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Freehold property|- not provided| |---|---| |Fixtures and fittings|- 10% on reducing balance| |Computer equipment|- 33% on cost| ## **TAXATION** The charity is exempt from tax on its charitable activities. ## **FUND ACCOUNTING** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 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 raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **HIRE PURCHASE AND LEASING COMMITMENTS** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease. ## **2. OTHER TRADING ACTIVITIES** |Fundraising events
Room hire income
Photocopier income|2021
£
62,718
7,268
35
70,021|2020
£
2,696
10,657
350| |---|---|---| |||13,703| continued... Page 11 **BARNES COMMUNITY ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 December 2021** ## **3. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||2021|2020| ||£|£| |Interest receivable|12|137| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2021. ## **TRUSTEES' EXPENSES** There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2021. ## **5. STAFF COSTS** The average monthly number of employees during the year was as follows: |Employees
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
25,258
**Charitable activities**
Prospect Newsletter
5,797
Town Centre Manager
900
Charitable activities
29,150
Other trading activities
13,703
Investment income
137
Other income
25,113
**Total**
100,058
**EXPENDITURE ON**
Raising funds
13,991
**Charitable activities**
Prospect Newsletter
4,049
Town Centre Manager
8,214
General
67,367
Green Keeper/ Appeals/ FOSRR
12,403
Charitable activities
-|2021
5
Restricted
funds
£
16,003
-
-
2,500
-
-
-
18,503
-
-
10,750
4,877
376
500|2020
6
Total
funds
£
41,261
5,797
900
31,650
13,703
137
25,113
118,561
13,991
4,049
18,964
72,244
12,779
500| |---|---|---| ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** continued... Page 12 ## **BARNES COMMUNITY ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 December 2021** |**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
funds
£
£
Men's shed
-
3,294
**Total**
106,024
19,797
**NET INCOME/(EXPENDITURE)**
(5,966)
(1,294)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
121,911
10,567
**TOTAL FUNDS CARRIED FORWARD**
115,945
9,273
**7.**
**TANGIBLE FIXED ASSETS**
Fixtures
Freehold
Plant and
and
Computer
property
machinery
fittings
equipment
£
£
£
£
**COST**
At 1 January 2021
61,363
2,500
45,221
978

Additions
-
-
4,230
-
At 31 December 2021
61,363
2,500
49,451
978

**DEPRECIATION**
At 1 January 2021
-
500
35,626
907
Charge for year
-
500
1,383
71
At 31 December 2021
-
1,000
37,009
978
**NET BOOK VALUE**
At 31 December 2021
61,363
1,500
12,442
-
At 31 December 2020
61,363
2,000
9,595
71|Total
funds
£
3,294
125,821
(7,260)
132,478
125,218
Totals
£
110,062
4,230
114,292
37,033
1,954
38,987
75,305
73,029| |---|---| continued... Page 13 ## **BARNES COMMUNITY ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 December 2021** |**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
Other creditors
**10.**
**MOVEMENT IN FUNDS**
At 1.1.21
£
**Unrestricted funds**
General fund
76,533
Rose House
39,412
115,945
**Restricted funds**
FOSSR Fund
1,341
Men's shed
5,932
Electric Bike
2,000
Barnes Bridge
-
Connect More
-
9,273
**TOTAL FUNDS**
125,218|2021
2020
£
£
1,246
400
7,010
5,923
8,256
6,323
2021
2020
£
£
15,774
1,706
2,732
1,153
29,355
26,774
47,861
29,633
Net
movement
At
in funds
31.12.21
£
£
(1,284)
75,249
-
39,412
(1,284)
114,661
-
1,341
500
6,432
(500)
1,500
8,634
8,634
3,263
3,263
11,897
21,170
10,613
135,831|2021
2020
£
£
1,246
400
7,010
5,923
8,256
6,323
2021
2020
£
£
15,774
1,706
2,732
1,153
29,355
26,774
47,861
29,633
Net
movement
At
in funds
31.12.21
£
£
(1,284)
75,249
-
39,412
(1,284)
114,661
-
1,341
500
6,432
(500)
1,500
8,634
8,634
3,263
3,263
11,897
21,170
10,613
135,831|2020
£
400
5,923
6,323
2020
£
1,706
1,153
26,774|2020
£
400
5,923| |---|---|---|---|---| |||||6,323| ||||29,633|| |||114,661
1,341
6,432
1,500
8,634
3,263||| |||21,170||| |||135,831||| continued... Page 14 ## **BARNES COMMUNITY ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 December 2021** ## **10. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Men's shed
Electric Bike
Barnes Bridge
Connect More
**TOTAL FUNDS**|Incoming
resources
£
142,551
500
-
20,000
3,263
23,763
166,314|Resources Movement
expended
in funds
£
£
(143,835)
(1,284)
-
500
(500)
(500)
(11,366)
8,634
-
3,263
(11,866)
11,897
(155,701)
10,613| |---|---|---| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Rose House
**Restricted funds**
FOSSR Fund
Men's shed
Electric Bike
**TOTAL FUNDS**|At 1.1.20
£
82,499
39,412
121,911
1,341
9,226
-
10,567
132,478|Net
movement
At
in funds
31.12.20
£
£
(5,966)
76,533
-
39,412
(5,966)
115,945
-
1,341
(3,294)
5,932
2,000
2,000
(1,294)
9,273
(7,260)
125,218|Net
movement
At
in funds
31.12.20
£
£
(5,966)
76,533
-
39,412
(5,966)
115,945
-
1,341
(3,294)
5,932
2,000
2,000
(1,294)
9,273
(7,260)
125,218| |---|---|---|---| ||||115,945
1,341
5,932
2,000| ||||9,273| ||||125,218| continued... Page 15 ## **BARNES COMMUNITY ASSOCIATION** ## **Notes to the Financial Statements - continued for the year ended 31 December 2021** ## **10. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Specific Appeals
Men's shed
Christmas Lights
Staff costs
Electric Bike
**TOTAL FUNDS**|Incoming
resources
£
100,058
5,253
-
2,750
8,000
2,500
18,503
118,561|Resources Movement
expended
in funds
£
£
(106,024)
(5,966)
(5,253)
-
(3,294)
(3,294)
(2,750)
-
(8,000)
-
(500)
2,000
(19,797)
(1,294)
(125,821)
(7,260)| |---|---|---| ## **11. CONTINGENT LIABILITIES** The charity holds the legal title to the freehold property at Rose House, 70 Barnes High Street, London, SW13 9LD. The charity is required to meet a contingent undertaking to make a donation of £7,500 to The Barnes Workhouse Fund in the event of the disposal of the building. ## **12. RELATED PARTY DISCLOSURES** The key management personnel are considered to be the Chairman, Vice Chairman and Treasurer. None of the key management personnel have been remunerated in the year. Page 16 ## **BARNES COMMUNITY ASSOCIATION** ## **Detailed Statement of Financial Activities for the year ended 31 December 2021** |Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
2,042
500
Gift aid
6,578
-
Grants
30,596
-
Sponsorships
5,225
-
44,441
500
**Other trading activities**
Fundraising events
62,718
-
Room hire income
7,268
-
Photocopier income
35
-
70,021
-
**Investment income**
Interest receivable
12
-
**Charitable activities**
Membership fee income
26,593
-
Prospect advertisements
12,850
-
Other charitable activities
-
-
Grants
(11,366)
23,263
28,077
23,263
**Other income**
Government grants
-
-
**Total incoming resources**
142,551
23,763
**EXPENDITURE**
**Raising donations and legacies**
Wages
-
-
Direct costs
21,335
-
Office expenses
-
-
Other cost
-
-
Meeting expenses & gifts
-
-
21,335
-|2021
Total
funds
£
2,542
6,578
30,596
5,225
44,941
62,718
7,268
35
70,021
12
26,593
12,850
-
11,897
51,340
-
166,314
-
21,335
-
-
-
21,335|2020
Total
funds
£
8,073
3,433
25,900
3,855
41,261
2,696
10,657
350
13,703
137
26,786
5,797
3,264
2,500
38,347
25,113
118,561
11,480
1,902
371
198
40
13,991| |---|---|---| This page does not form part of the statutory financial statements Page 17 ## **BARNES COMMUNITY ASSOCIATION** ## **Detailed Statement of Financial Activities for the year ended 31 December 2021** |Unrestricted
Restricted
funds
funds
£
£
**Raising donations and legacies**
**Charitable activities**
Wages
-
-
Direct costs
2,097
-
Christmas lights
2,630
-
Office expenses
5,849
1,080
Other costs
-
-
Meeting expenses and gifts
-
-
Computer maintenance
-
-
Depreciation of tangible fixed assets
1,382
500
Grants to institutions
7,347
-
19,305
1,580
**Support costs**
**Management**
Wages
74,168
-
Hire of plant and machinery
1,114
-
Rates and water
-
-
Insurance
1,123
-
Light and heat
1,774
-
Office expenses
9,814
-
Computer maintenance
1,548
-
Repairs & maintenance
3,266
-
Meeting expenses & gifts
789
648
Bank charges
624
-
Other cost
795
-
Travel expenses
417
-
Cleaning
4,056
-
Depreciation of equipment
71
-
99,559
648
**Other 3**
Professional Fees
936
9,638
**Governance costs**
Accountancy and legal fees
2,700
-
Total resources expended
143,835
11,866
**Net expenditure**
(1,284)
11,897|2021
Total
funds
£
-
2,097
2,630
6,929
-
-
-
1,882
7,347
20,885
74,168
1,114
-
1,123
1,774
9,814
1,548
3,266
1,437
624
795
417
4,056
71
100,207
10,574
2,700
155,701
10,613|2020
Total
funds
£
23,208
14,624
5,516
3,831
218
96
884
872
5,150
54,399
37,895
1,005
32
976
2,180
4,261
1,513
2,016
606
552
176
114
2,640
765
54,731
-
2,700
125,821
(7,260)| |---|---|---| This page does not form part of the statutory financial statements Page 18