Fencehouses Communl AssoG istered Number 115958 nu81 Re the TTuslee8 und for ear ende ecembe he Charltles Acl 201 AdmlnlstrBlive Detsllg The Charitys name aThJ reglstrakn are gi at the h1 of Ihis pap•. Th8 Charlvs Prtncip81 resS 11:. F8nLYtthÉes Comrrnraty C8nlre Wocthtone VlllagB F¢ncehLwe8 Houomon le Sprlr• Co Duiham OH4 6DS ru The Trusto8s acw thrrkng thg yaar r•:. Mr A WAo MrJ G Ilr R Hu¥r MI L FrMel8 Ms B Lowi8 rA8ell M¥ P H•Sle Workw cnCl A8pr&8ents lo Ms G Wfagg Mr S Wragg iiutlon end mlnl Ourlng Ihe year Ihe Association as 8 chwhjblg IrKyNpyal8d orgar¥3lpJn governed by the con(athed In118 ¢onBthullon rggbi8f8d wllh Ihe chftrlty commlsslon The day lo dhy aifokn8 01 awL8tlon we managoo ty 8 managemenl COMM1&8 eonskqllr@ 01 orfKers gpwntod ty th9 fflgmber5hl 8Ctlve an Acllvl Th8 Associaln was fomed to prorTrxe Ih? b•n81116 oftha Inh1• ol ond Ihe MignbourhpJd by the W0¥10n ol lacllllte8 IOT Soci tar. reciealion 8ThJ i•isure Ilme 0¢Path)N. To èchl8v? Iheso obw Ihe Management hav• ermir4g8d fv growlh ol 188 doslred ty the and ma¢Js gV811ablo ihe facilllle$ ol thg ABsoct and equipmw to $Lpr¥M Ihal alThL In $8ttsNJ our oWcUvqB plann9 tyjr th•TruBWg5 hEv8 gn c8refrJ ¢cn8ldwg1)n to Ihe Chwlty ComffllsBl¢)n'• wW&)ce on banefft. Paog 1
Fencehouses Communlt Assoclatlon Re Istered Charf Number 1159581 Annual R9 ort b the Trustees under th¢ Charllle8 r ended 31 $1 December 2021 Flnanclal revlew The Association has repKJrted a operatlng defvsl on general lunds duthg the y88r. Its flnancial position at 31st December 2021 remalns heatthy and shwld enable it to continue I operations for the foreseeable future. More detailod flnancld inlorm8tion fis contalned in the alance sheet and statement of linancial 8Ctivliies sel OLrt on pages 3 and 4. The Assoclation has ¢oftllnu8d lo lollow the Fdicy ol promoting SOC aclivittès duflng 2021 and has been able lo op8rale within it¥ evlable resources bècause of the voluntsry nature of the work performed by the trustees. For many years ft has been th8 Ala'S pJIGry to $88k lo Increase tts reseN&s In order to cover any unlor8seen operatlno ccErs whlch may 8rtse In the fuivre. Funds are therefore held on dewsft to generate Income which helps finance Ils oblectlves. meet ary possible shortfalls in income In the future and finance expendrture of a capitsl n8iur8, mosl espeGTANy where urgent repalrs for whi¢h orants may nol be avalL8ble are requlred. Durlng the year the Association has in¢r¢asod its deposll Investrn8nt to E21,3C6. Th8 TNstees CLfirM thai thore L8 an On9 prOS lor iJenlify4ng, evaluatlng and managlng the slgnthoanl rlsks faced by the As6wation. This process has been rewthyed by the true8$. Achl¢vement8 and 8rforrn8nce In the opinion ol the Iruslees the Assoclation has successfvlty provided the Communty with the le18urg laoS1itSos requIr& and the ov811 financ5al p)sit*)n is s81 In the following pages. The Iwstees have appmved the twstee's report MrAWhite Ghaltman
Fen¢$house$ Commun Asso¢i8tl Balance Shoot as at 31st Decemb r 2021 Note 2021 2020 Flxed ssets TAngible assets 8.2&3 9.179 urrent Siocks- Refreshments Glasses Debtors and prepayments Cash - in hand Bank Current aeeourrt Bank Deposti account 500 75 1.528 1,180 9.222 21,306 33.811 3,144 75 1,327 26,3Y 19.293 47.017 Sundry credttors ualllno due whhtn one yE8r) 6tC t A88•t8 45.575 Asgets Re sènt db Restricted Fund Designated Fund Unrgstricted Accumulaioj Fund 500 20,000 21,982 20,tJOO 12.792 54,754 39.930 Approved by the Board ol TnJst865 on . and signed on Sts behall :_ Lrl C@(., hLL Tru tee Trustee Page 8
er¢eeh tatament ol mrn ABgocI nanclal A¢ti COTnln our Donauons, Legad08 an(1 sknlkr restsjicts 16.&7 38gn 99,651 50.893 31.640 81.640 16,(Q2 Inv•6knent I[0 68,016 71,294 66.983 Co$1 ol bar refreshmen Bat WaPg8 Wrf86 8md Naiknal In8uWo Support and Yvuth Worter Llkthilng and h8atino Wal8r 18ta& EnlertAlnirvJ 8nd Repair$ grKI tanMI8 Postage, statlM8ry, adverwffj •TrJ tel8P Lence5 and In$ur8nc8 LaUry 8r 6undry gxpen dii arxj acCnncY lee8 Lapal C¢*1 Depr8Gl8U 1.217 280 410,898 7,563 4,834 559 175 9.7YJ 2,091 2.2ei 1.468 39.556 43.8Bg 5,425 294 5,425 19. 4.W 23,733 3,075 3.075 2.5 1.9ID 1.$3B 1.297 916 1.91Q 1,338 1.297 918 2,553 r20,1181 11.3441 5,294 114.8241 15.370) nsl und bal t1itJ8nu 32 792 Y 7S4 BO.324 39,430 99930 S4,754 ember
Fen Communl otgs to th8 Flnanclal Statements lor the eai Vn 31st December Ibl8 Ass Fixlur•s Flttln sandE ul Costs 10 151 January 2021 Addwons Dl6posaL8 C£6ts to 318t Doc8mber 1 Flxlure fittin ul 19,417 19,4n 38,890 19.417 19.473 36.890 OBwec4ation to 1st Jar*Mry 2021 Ch8roe for tho year Ellmlnatgd on dpOS018 Dow•cl#tlon to 31$t Dwnb8r2021 14.022 15.689 378 29,711 16 14,5 16,067 30.627 Ngt bwh vahJ? al 31•t D8c•rnb•r 2021 4,857 va0 at 31st Dwmbw 2) 9.179 2 Don nd Slmllar Grant received- Unrestiicted Granl Aid T8¢elved- HrIGj 36273 3278 33,171 17,662 rfher ceoll BBr 5a188 (not8 51 Hall leNlngs Scd41 wgntty Sundry Incom• ob IM37 27.803 2,141 9&3 14,014 312 753 31,840 Bank deposlt IntW•811gTOB81 118 Sa& Cost ol salee 1W7 93 401 953 1,21 12841 250 514 Cost ol bw waog8 Pago 5
FencehDus ommunl latlon h Flftanclal Stalemen13 aren d31stDec or 6 Movoment AtStTl¢t You hAnd Solar Bylldln Relurbl hmenl Total and WorkBr Wo Fund Name• 8a1an¢e brought fowwa IrKomlng fewrus Expendllurg 21.962 1.055 3.278 I2.7( 6.403 11.474 1.226 11,226) 118 Tf8n8fer8 Fd& C 7 Gr Grani Aha WBS provkjod durfng the year from:. IXrham Cwnty C11 IN8IBhb(xJrboTrJ ournty Duth8m Communlty Four¥Jaiion The 1989 ChariiaN• Tr$t 7.7frt) 4,9e2 3278 3278 I nttttd Fuft The Tru8le¢$ have #eslgfiatsd rrnnle6 lo c(wer all ¥hwhl we be for to Vtr#14ovth. Th urrentty set at £20. ard Is b8s•J upon twag8S tor tm 81911 notke PBrlods at par contrncli ol oMplo[nI, unloreseeabkn Costs kn caw repre Gancell&iion c(*18 of 961g cc4ilracl9. e.g. bro¥db8nd. aThJ monlos to holp us try to rneo¥er F#)¥ltkn In 8h drwm•tanco8.
Feneehou$e$ Communl Assoclati Year ended 31st De¢ember2020 Mana ement res on The Management Committoe Is iequired lo prepare financlal ststements for each financlal year whlch give a true and lair vlew of lh8 Assodation's state ol alfalrs at the end of the yaar and Income and Expenditure for the year then ended. In preparfng those finandal ststements. the Managoment Commlttee 1$ wulred lo :. Select suilablg accounting polScie8 8n¢J thèn apply them on a conslstent basls, making iudgemenl$ and esumales ihat are ixudent and rea50nabl8', prepare the flnanGlal slatoments on the ooing u)ncem basis unless11 i¥ not appfopriate to presume that Ihe A680cSatlon wlll continuè It8 operations. Th8 Managemeni Committee Is responslble for kgèplng proper accountlng record8. for saleguarding Ihe assets of the Assoclatkjn and lor taking reasonablo steps for the prevontion and detection ol fraud and other irregularities. Ac¢ ntln Poll 18 1 Fixtures, flttlngs and equipment ar8 shown at nel book valLt89 which rèpr058nl costs ol purchase after deducting depreclallon proded for ai tho rats of 10% per annum the reduclng balance basls, 2 Expenditure is charged on tha accrua15 basis 80 as to indude costs in the porlod of 8¢counl In whlch they are Incurred. 3 R8fr88hmenl slocks are sh¢)wn at cosl prlce. Indudlng Value Ad(led Tax, and have be6n valued by a membor ol the A8soclaUon. 4 The linanc5818lalements have boon prepared In accordance wllh the Slalemenl of R8comm&nded Practicè published by th8 Charlty CommL88lon for England and Wale8 2015. Income and 8xpenditure have been ClaSfled on the allernafve nanCi basis. permitted by the SORP. ther Inlormallon The A8soclalion occuples property v8s18d in Durham County Gounctl whlch hotds the property as Trustees havlng been appolnted by tho Sgcrelary Of Stale lor Educat5on and Sclence on 1 sl March 1968. Pagg 7