|||SGRp||| |---|---|---|---|---| |||rat||| |Statement
confirming
whether the trustees
have had regard to the
guidance
issued by the
Charity Commission
on
public benefit|||The Trustees have complied
with the duty in Section
17(5)ofthe Chases Act 20"lI to have due regard to
guidance
published
by the Charity Commission
on pubhc
benefit. Clavering
Players provides a range of
opportunities
for members
to develop their skills and
enjoy working
together towards a common goal. We|| ||||keep GUI ploclUctloAs
affordable
aAcl alrn to provide a|| ||||goocl rnlx GfsenoUs aAcl less senoUs prodUctloAs|to| ||||both entertain
and stimulate
our audiences.|| |Contribution|Membership|Membership|ofClavering
Players is open to 8II.The|ofClavering
Players is open to 8II.The|charity|is| |---|---|---|---|---|---|---| |made by|run by a|committee ofTrustees||who are all members|acting|in 8| |VGIUAteel's|voluntary|capacity. AII activities||on stage, behind stage and||front| ||ofhouse|are|undertaken
by members
acting in a voluntary|||| ||cajlaclty|with|rnUch appreciated|support
fl"GITl fnends|8Ad fafTIIIy.|| |Pricing|Membership||subscriptions
and|ticket prices are kept|at an|| ## |Review of
charity's||the||Para
1.21|The charity had E8,865 (2020 F8,201) in the bank at the end
the year and net current assets amounting
to P 9,330(2020|The charity had E8,865 (2020 F8,201) in the bank at the end
the year and net current assets amounting
to P 9,330(2020|of| |---|---|---|---|---|---|---|---| |financial|||||E8,423).||| |position at||the|||||| |end ofthe|||||||| |eriod|||||||| |Statement
explaining||the||Para
1.22|The Trustees
aim to hold sufficient reserves to cover ancillary
production
expenditure
and subsidise a number of loss-making||| |policy for|||||productions
during
the coming years.||| |holding
reserves|||||||| |stating
why||they|||||| |are held|||||||| |Amount
of
reserves
held||||Para
1.22|The charity has no restricted
funds so its unrestricted
reserves
amounted
to E8,870 2020f8,423 at the end ofthe
eriod.||| |Details offund
materially
in||||Para
1.24|No funds are in deficit.||| |deficit|||||||| |Explanation
any||of||Para
1.23|The annual
pantomime
has for some time replenished
the
charity's
reserves
and
if this situation
were to change
long term||| |uncertainties|||||the Trustees would need to reassess their future strategy.||| |about the|||||||| |charity|||||||| |continuing||as|a||||| |oin
concern|||||||| |Additional|information||||||| |The charity's
principal||||Para
1.47|In normal years, some productions
make a
and ancillary
refreshment
sales occasionally|surplus
from ticket
supplemented
by|| |sources of||funds|||very welcome donations.||| |(including
any|||||||| |fundraisin|||||||| |Investment
policy and||||Para
1.46|The Charity has insufficient
funds to invest
its own activities.|in anything
beyond|| |ob ectives|||||||| |A description
the principal|||of|Para
1.46|The Charity
is reliant on surpluses
from the
to replenish
its reserves. There is no risk of|annual
pantomime
insolvency
as the|| |risks facing||the|||Charity has sufficient reserves
to cover general
expenditure||and| |charity|||||subsidise
a number of loss-making
productions.
It is also the||| ||||||Trustees'
policy never to incur liabilities or make commitments||| ||||||that the Players are unable
to pay for out of current funds or,||in| ||||||the case ofgrants, funds which
it has the legal right to receive||| ||||||before the
a ment is due.||| ## ## ## ## ## ||||g
8|Unrestricted
funds|Total funds|Pnol' peat'
funds| |---|---|---|---|---|---|---| |Incoming resources||(Note 3)||F01|F04|F05| |Income|and endowments|from:||||| |Donations|and iegacies||501|||| |Charitabie|activities||Stt2|||| ||||SQ4|||| ||||SO7|||| |Resources expended||(Note 4)||||| |Expenditure
on:||||||| |Charitabie|activities||509|||402| |7otal||||||402| |Net income/(expenditure)||||||| ||||S20|||| |Totai funds|brought fonvard|||||| |T01'BlfUMfs CBt'fMd foAvat cf||||||| |||||||||Total last|Total last| |---|---|---|---|---|---|---|---|---|---| ||||||||||year| ||||Total|fixed assets|805||||| |||||||9,130|||| |Creditors.||amounts|falling|due within|||||| |one year||(Note 7)||||260|260||| ||Net current||assetslPiabilities)||8&2||||| |Funds|ofthe Charity||||||||| |Unrestricted||fonds (note 9)|||||||| |||||Total funds|821||||| |||||||SigMtUre||Date Gf
a
roval|| |Judith Curry
2021)||(Treasurer|to 31st December|||||i ~|Is/g| ## |These
'value|accounts have
unless otherwise|been prepared
under the historicai cost convention
stated
in the relevant note(s) to these accounts.|with items||recognised|at|cost or transaction|| |---|---|---|---|---|---|---|---|---| |'The accounts have been prepared
in accordance
with:||||||||| |||the Statement of Recommended
Practice:|Accounting|and Reporting|||by Charities|| |||preparing
their accounts
in accordance
with the Financial
the UK and Republic of Ireland (FRS 102)issued on 16|||Reporting
July 2014|Standard
applicable||in| |;: ~ and|with*|the Financial
Reporting
Standard
applicable
(FRS102)|in the United||Kingdom|and|Republic of Ireland|| |~ and|with the Charities|Act 2011.||||||| |The charity constitutes
'defined
by FRS 102.*||a public benefit entity as||||||| ## |Note 2|||Accounting
policies|||||| |---|---|---|---|---|---|---|---|---| |,2.2 INCOME||cont||||||| |||||||Yes|No|N/a| |Donated goods|||Donated goods are measured
at fair value (the amount for which the asset could be
exchanged)
unless
impractical
to do so.|||||| ||||The cost of any stock ofgoods donated
for distribution
to beneficiaries
is deemed
the fair value ofthose gifts at the time oftheir receipt and they are recognised
on|to|be|Yes|No|N/a| ||||receipt.
In the reporting
period
in which the stocks are distributed,
they are recognised|||||| ||||as an expense at the carrying
amount ofthe stocks at distribution.|||||| ||||Donated goods for resale are measured
at fair value on initial recognition,
which
is|the||||| ||||expected proceeds
from sale less the expected cosh ofsale, and recognised
in 'Income
from other trading
activities'
with the corresponding
stock recognised
in the balance|||Yes|No|N/a| ||||sheet.
On its sale the value of stock is charged
against 'Income from other trading|||||| ||||activities'
and the proceeds
from
sale are also recognised as 'Income
from other trading|||||| ||||activities'.|||||| |||||||Yes|No|N/a| ||||Goods donated
for on-going use by the chadity are recognised as tangible
fixed assets|||||| ||||and included
in the SoFA as incoming
resources
when receivable.|||||| |||||||Yes|No|N/a| ||||Gifts in kind for use by the charity are included
in the SoFA as income from donations|||||| ||||when receivable.|||||| |Donated services||and|Donated services and facilities are included
in the SOFA when received at the value||of|Yes|No|N/a| |facilities|||the gift to the charity
provided
the value of the gift can be measured
reliably.|||||| ||||Donated services and facilities that are consumed
immediately
are recognised as income|||Yes|No|N/a| ||||with an equivalent
amount
recognised as an expense
under
the appropriate
heading||in|||| ||||the SOFA.|||||| |||||||Yes|No|N/a| |,Support costs|||The charity has incurred
expenditure
on support costs.|||||| |.Volunteer|help||The value ofany voluntary
help received
is not included
in the accounts
but is described
in the trustees'
annual
report.|||Yes|No|N/a| |::Income from interest,|||This is included
in the accounts when receipt is probable
and the amount
receivable|can||Yes|No|N/a| |;royalties and dividends|||be measured
reliably.|||||| |'Income from membership|||Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations|||Yes|No|N/a| |'subscriptions|||and Legacies.|||||| ||||Membership
subscriptions
which gives a member the right to buy services or other|||Yes|No|N/a| ||||benefits are recognised as income earned from the provision
ofgoods and services||as|||| ||||income from charitable
activities.|||||| |Settlement
daims|ofinsurance||Insurance
claims are only included
in the SoFA when the general
income recognition
criteria are met (5.10to 5.12FRS102SORP) and are included as an item of other
income
in the SoFA.|||Yes|No|N/a| |:investment
:losses|gains|and|This includes
any realised or unrealised
gains or losses on the sale of investments
any gain or loss resulting
from revaluing
investments
to market value at the end of|and
the||Yes|bio|N/a| ||||year.|||||| |'::Note 2||||Accounting
policies|||| |---|---|---|---|---|---|---|---| |2.3 EXPENDITURE||||AND LIABILITIES|||| |Liability recognition||||Liabilities are recognised
where
it is more likely than not that there is a legal or|Yes|No|N/a| |||||constructive
obligation
committing
the charity to pay out resources
and the amount ofthe|||| |||||obligation
can be measured
with reasonable
certainty.|||| |Govern
nce
costs||nd|ort|Support costs have been aIIocated between governance costs and othersupport
Governance
costs comprise
all costs involving
pubiic accountability
of the charity and its|Yes|No|N/a| |||||compliance
with regulation
and good practice.|||| |||||Support costs include central functions
and have been allocated
to activity cost
categories
on a basis consistent
with the use ofresources,
eg allocating
property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their|Yes|No|N/a| |||||usage.|||| |Grants
with performance
conditions||||Where the charity gives a grant
with conditions
for its payment
being a specific level of
service or output to be provided,
such grants are only recognised
in the SoFA once the|Yes|No|N/a| |||||recipient of the grant has provided
the specified service or output.|||| |'Grants payable
without
performance
conditions||||Where there are no conditions
attaching
to the grant that enables the donor charity to
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.|Yes|No|N/a| |';Redundancy|cost|||The charity made no redundancy
payments
dudng
the reporting
period.|Yes|No|N/a| |;:Oeferred income||||No material
item of deferred
income has been included
in the accounts.|Yes|No|N/a| |,Creditors||||The charity has creditors
which are measured
at settlement
amounts
less any trade
discounts|Yes|No|N/a| |Provisions for||liabilities||A liability
is measured
on recognition
at its historical cost and then subsequently
measured
at the best estimate
of the amount
required to settle the obligation
at the|Yes|No|N/a| |||||reporting date|||| |Basic financial
:instruments||||The charity accounts for basic financial
instruments
on initial recognition
as per
paragraph
10.7 FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17
to 11.19,FRS102SORP.|Yes|No|N/a| |,Note 2||Accounting
policies|||||| |---|---|---|---|---|---|---|---| |2.4ASSETS|||||||| |use by charity||These are capitalised
if they can be used for more than one year, and cost at least|||k500||| |||They are valued at cost|||Yes|No|N/a| |||Currently
there are no fixed assets|||||| |'Intangible|fixed assets|The charity has intangible
fixed assets, that is, non-monetary
assets that do not have
physical
substance
but are identifiable
and are controlled
by the charity
through
custody|||Yes|No|N/a| |||or legal rights.
The amortisation
rates and methods
used are disclosed|in note 9.5||||| |||They are valued at cost.|||Yes|No|N/a| |Heritage assets||The charity has heritage assets, that is, non-monetary
assets with historic, artistic,
scientific, technological,
geophysical
or environmental
quaiities
that are held
and|||Yes|No|N/a| |||maintained
principally
for their contribution
to knowledge
and culture.
The depreciation|||||| |||rates and methods
used as disclosed
in note 9.6.t.a.|||||| ||||||Yes|No|N/a| |||They are valued at cost.|||||| |Investments||Fixed asset investments
in quoted shares, traded bonds and similar investments
are|||||| |||valued at initially at cost and subsequently
at fair value (their market value) at the year
end.
The same treatment
is applied to unlisted
investments
unless
fair value cannot be|||Yes|No|N/a| |||measured
reliably
in which case it is measured
at cost less impairment.|||||| |||Investments
held for resale or pending
their sale and cash and cash equivalents
with a|||Yes|No|N/a| |||maturity
date ofless than
1 year are treated as current asset investments|||||| |Stocks and|work in|Stocks held for sale as part of non-charitable
trade are measured
at the|lower or cost or|net|Yes|No|N/a| |progress||realisabfe
value.|||||| |||Goods or services provided as part ofa charitable
activity are measured|at net realisable|value||No|N/a| |||based on the service potential
provided
by items ofstock.|||||| |||Work
in progress
is valued at cost less any foreseeable
loss that is likely|to occur on the||Yes|No|N/a| |||contract.|||||| |Debtors||Debtors
(including
trade debtors
and loans receivable)
are measured
on initial recognition
at
settlement
amount
after any trade discounts
or amount
advanced
by the charity.
Subsequently,
they are measured
at the cash or other consideration
expected to be received.||||No|N/a| |Current asset
'investments||The charity has investments
which
it holds for resale or pending
their sale and cash and cash
equivalents
with a maturity
date less than one year. These include cash on deposit and cash
equivalents
with a maturity
date of less than one year held for investment
purposes
rather than
meet short term cash commitments
as they fall due.|||to
Yes|No|N/a| ||||||Yes|No|N/a| |||They are valued at fair value except where they qualify as basic financial|instruments,||||| |'POLICIES ADOPTED||There are no additional
policies|||||| |ADDITIONAL TO OR|||||||| |,DIFFERENT FROM|||||||| |'THOSE ABOVE|||||||| |||||Arfalpsis|Arfalpsis|of lAcorne||||| |---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted||| |||||||||funds|Total funds|Prior year| ||||||Analysis||||f.|| |DoAatlons|||DoflatloAs|and gifts||||||| |and legacies:||||||||||| ||||||||Total|||| |Charitable|||Ticket and|programme||sales||||| |activities:|||Sales Gt aAcf||lief'y refreshments|||||| ||||||||Total|||| |income from|||interest|||||||| |lAVestrneAts:|||||||Total|||| |TOTAL INCOME||||||||||| |Other information:||||||||||| |All income|in|the|prior year|was unrestricted||||||| ||||||Analysis|||||| |ExpeAdlture
charitable
actlvitlles||oA|Pfoduction costs
Ancillary
refreshments|||||1,861||| ||||Tools|and equipment||||190|109|| ||||Website||and promotion|||||| ||||AGM|||||||| ||||Subscription
s|||||||| ||||lAsUf'ance|||||||| ||||||||||259|259| ||||Total|expenditure||on charitable||||| ||||actlVltles|||||||| |||||||||||402| ## ##