Trustee’s Report 2020
While this has had a difficult end to the year where COVID has affected bookings are up on past years, clubs have been showing an increase in members joining, sadly our busiest time will now be lost, hoping that we can re-open as soon as possible in 2021.
On behalf of Trustees
D L Cheesman General Manager
REGISTERED CHARITY NUMBER: 1159697
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2020
for
Harwich & District Community Association
Finnigan & Co 37 Lower Brook Street Ipswich Suffolk IP4 1AQ
Harwich & District Community Association
Contents of the Financial Statements for the Year Ended 31 December 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 | to | 11 |
Harwich & District Community Association
Report of the Trustees for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1159697
Principal address
Park Pavilion 2 Barrack Lane Dovercourt Harwich Essex CO12 3NS
Trustees
J Thurlow N Cory
Independent Examiner
Finnigan & Co 37 Lower Brook Street Ipswich Suffolk IP4 1AQ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Trustee
Page 1
Independent Examiner's Report to the Trustees of Harwich & District Community Association
Independent examiner's report to the trustees of Harwich & District Community Association
I report to the charity trustees on my examination of the accounts of Harwich & District Community Association (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts 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.
Mr P Finnigan FCCA Finnigan & Co 37 Lower Brook Street Ipswich Suffolk IP4 1AQ
Date: .............................................
Page 2
Harwich & District Community Association
Statement of Financial Activities for the Year Ended 31 December 2020
| 31.12.20 | 31.12.19 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 41,641 | - | ||
| Other trading activities | 2 | 70,317 | 60,656 | |
| Total | 111,958 | 60,656 | ||
| EXPENDITURE ON | ||||
| Raising funds | 3 | 104,231 | 61,781 | |
| Other | 600 | 800 | ||
| Total | 104,831 | 62,581 | ||
| NET INCOME/(EXPENDITURE) | 7,127 | (1,925) | ||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 204 | 2,129 | ||
| TOTAL FUNDS CARRIED FORWARD | 7,331 | 204 | ||
The notes form part of these financial statements
Page 3
Harwich & District Community Association
Balance Sheet 31 December 2020
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 7 | - | 59 |
| CURRENT ASSETS | |||
| Debtors | 8 | - | 400 |
| Cash at bank | 8,696 | 2,665 | |
| 8,696 | 3,065 | ||
| CREDITORS | |||
| Amounts falling due within one year | 9 | (1,365) | (2,920) |
| NET CURRENT ASSETS | 7,331 | 145 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 7,331 | 204 | |
| NET ASSETS/(LIABILITIES) | 7,331 | 204 | |
| FUNDS | 10 | ||
| Unrestricted funds | 7,331 | 204 | |
| TOTAL FUNDS | 7,331 | 204 | |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 4
Harwich & District Community Association
Notes to the Financial Statements for the Year Ended 31 December 2020
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
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.
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 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 basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
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.
Page 5
continued...
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
2. OTHER TRADING ACTIVITIES
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| £ | £ | ||
| Fundraising events | 2,090 | 3,152 | |
| Room hire | 32,537 | 57,504 | |
| Meals | 35,690 | - | |
| 70,317 | 60,656 | ||
| 3. | RAISING FUNDS | ||
| Raising donations and legacies | |||
| 31.12.20 | 31.12.19 | ||
| £ | £ | ||
| Support costs | 69,558 | 61,781 | |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Total staff | 3 | 3 | |
| No employees received emoluments in excess of £60,000. | |||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
| Unrestricted | |||
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Other trading activities | 60,656 | ||
| EXPENDITURE ON | |||
| Raising funds | 61,781 | ||
| Other | 800 | ||
| Total | 62,581 | ||
| NET INCOME/(EXPENDITURE) | (1,925) |
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Page 6
continued...
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 2,129 | |||
| TOTAL FUNDS CARRIED FORWARD | 204 | |||
| 7. | TANGIBLE FIXED ASSETS | |||
| Plant and | ||||
| machinery | ||||
| £ | ||||
| COST | ||||
| At 1 January 2020 | 8,187 | |||
| Disposals | (8,187) | |||
| At 31 December 2020 | - | |||
| DEPRECIATION | ||||
| At 1 January 2020 | 8,127 | |||
| Eliminated on disposal | (8,127) | |||
| At 31 December 2020 | - | |||
| NET BOOK VALUE | ||||
| At 31 December 2020 | - | |||
| At 31 December 2019 | 60 | |||
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.20 | 31.12.19 | |||
| £ | £ | |||
| Prepayments | - | 400 | ||
continued...
Page 7
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
| 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 10. MOVEMENT IN FUNDS At 1.1.20 £ Unrestricted funds General fund 204 TOTAL FUNDS 204 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 111,958 TOTAL FUNDS 111,958 Comparatives for movement in funds At 1.1.19 £ Unrestricted funds General fund 2,129 TOTAL FUNDS 2,129 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 60,656 TOTAL FUNDS 60,656 |
31.12.20 31.12.19 £ £ 1,365 2,920 Net movement At in funds 31.12.20 £ £ 7,127 7,331 7,127 7,331 Resources Movement expended in funds £ £ (104,831) 7,127 (104,831) 7,127 Net movement At in funds 31.12.19 £ £ (1,925) 204 (1,925) 204 Resources Movement expended in funds £ £ (62,581) (1,925) (62,581) (1,925) |
|---|---|
continued...
Page 8
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.19 | in funds | 31.12.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,129 | 5,202 | 7,331 |
| TOTAL FUNDS | 2,129 | 5,202 | 7,331 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 172,614 172,614 |
Resources Movement expended in funds £ £ (167,412) 5,202 (167,412) 5,202 |
Resources Movement expended in funds £ £ (167,412) 5,202 (167,412) 5,202 |
|---|---|---|---|
| 5,202 |
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
Page 9
Harwich & District Community Association
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| Detailed Statement of Financial Activities for the Year Ended 31 December 2020 |
||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 41,641 | - |
| Other trading activities | ||
| Fundraising events | 2,090 | 3,152 |
| Room hire | 32,537 | 57,504 |
| Meals | 35,690 | - |
| 70,317 | 60,656 | |
| Total incoming resources | 111,958 | 60,656 |
| EXPENDITURE | ||
| Other trading activities | ||
| Purchases | 34,673 | - |
| Other | ||
| Other operating leases | 600 | 800 |
| Support costs | ||
| Management | ||
| Wages | 30,222 | 26,765 |
| Rates and water | 4,220 | 6,096 |
| Insurance | 856 | 1,502 |
| Light and heat | 12,173 | 16,588 |
| Telephone | 1,410 | 1,536 |
| Postage and stationery | 575 | 961 |
| Sundries | 4,352 | 215 |
| Entertainment | 362 | 1,063 |
| 54,170 | 54,726 | |
| Finance | ||
| Bank charges | 499 | - |
| Loss on sale of tangible fixed assets | 60 | - |
| 559 | - | |
| Information technology | ||
| Repairs and renewals | 11,889 | 6,404 |
| Other | ||
| Plant and machinery | - | 11 |
| Governance costs | ||
| Accountancy and legal fees | 2,940 | 640 |
This page does not form part of the statutory financial statements
Page 10
Harwich & District Community Association
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| Detailed Statement of Financial Activities for the Year Ended 31 December 2020 |
|||
|---|---|---|---|
| 31.12.20 | 31.12.19 | ||
| £ | £ | ||
| Total resources expended | 104,831 | 62,581 | |
| Net income/(expenditure) | 7,127 | (1,925) | |
This page does not form part of the statutory financial statements
Page 11
REGISTERED CHARITY NUMBER: 1159697
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2020
for
Harwich & District Community Association
Finnigan & Co 37 Lower Brook Street Ipswich Suffolk IP4 1AQ
Harwich & District Community Association
Contents of the Financial Statements for the Year Ended 31 December 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 | to | 11 |
Harwich & District Community Association
Report of the Trustees for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1159697
Principal address
Park Pavilion 2 Barrack Lane Dovercourt Harwich Essex CO12 3NS
Trustees
J Thurlow N Cory
Independent Examiner
Finnigan & Co 37 Lower Brook Street Ipswich Suffolk IP4 1AQ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Trustee
Page 1
Independent Examiner's Report to the Trustees of Harwich & District Community Association
Independent examiner's report to the trustees of Harwich & District Community Association
I report to the charity trustees on my examination of the accounts of Harwich & District Community Association (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts 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.
Mr P Finnigan FCCA Finnigan & Co 37 Lower Brook Street Ipswich Suffolk IP4 1AQ
Date: .............................................
Page 2
Harwich & District Community Association
Statement of Financial Activities for the Year Ended 31 December 2020
| 31.12.20 | 31.12.19 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 41,641 | - | ||
| Other trading activities | 2 | 70,317 | 60,656 | |
| Total | 111,958 | 60,656 | ||
| EXPENDITURE ON | ||||
| Raising funds | 3 | 104,231 | 61,781 | |
| Other | 600 | 800 | ||
| Total | 104,831 | 62,581 | ||
| NET INCOME/(EXPENDITURE) | 7,127 | (1,925) | ||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 204 | 2,129 | ||
| TOTAL FUNDS CARRIED FORWARD | 7,331 | 204 | ||
The notes form part of these financial statements
Page 3
Harwich & District Community Association
Balance Sheet 31 December 2020
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 7 | - | 59 |
| CURRENT ASSETS | |||
| Debtors | 8 | - | 400 |
| Cash at bank | 8,696 | 2,665 | |
| 8,696 | 3,065 | ||
| CREDITORS | |||
| Amounts falling due within one year | 9 | (1,365) | (2,920) |
| NET CURRENT ASSETS | 7,331 | 145 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 7,331 | 204 | |
| NET ASSETS/(LIABILITIES) | 7,331 | 204 | |
| FUNDS | 10 | ||
| Unrestricted funds | 7,331 | 204 | |
| TOTAL FUNDS | 7,331 | 204 | |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 4
Harwich & District Community Association
Notes to the Financial Statements for the Year Ended 31 December 2020
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
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.
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 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 basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
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.
Page 5
continued...
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
2. OTHER TRADING ACTIVITIES
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| £ | £ | ||
| Fundraising events | 2,090 | 3,152 | |
| Room hire | 32,537 | 57,504 | |
| Meals | 35,690 | - | |
| 70,317 | 60,656 | ||
| 3. | RAISING FUNDS | ||
| Raising donations and legacies | |||
| 31.12.20 | 31.12.19 | ||
| £ | £ | ||
| Support costs | 69,558 | 61,781 | |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Total staff | 3 | 3 | |
| No employees received emoluments in excess of £60,000. | |||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
| Unrestricted | |||
| fund | |||
| £ | |||
| INCOME AND ENDOWMENTS FROM | |||
| Other trading activities | 60,656 | ||
| EXPENDITURE ON | |||
| Raising funds | 61,781 | ||
| Other | 800 | ||
| Total | 62,581 | ||
| NET INCOME/(EXPENDITURE) | (1,925) |
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Page 6
continued...
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 2,129 | |||
| TOTAL FUNDS CARRIED FORWARD | 204 | |||
| 7. | TANGIBLE FIXED ASSETS | |||
| Plant and | ||||
| machinery | ||||
| £ | ||||
| COST | ||||
| At 1 January 2020 | 8,187 | |||
| Disposals | (8,187) | |||
| At 31 December 2020 | - | |||
| DEPRECIATION | ||||
| At 1 January 2020 | 8,127 | |||
| Eliminated on disposal | (8,127) | |||
| At 31 December 2020 | - | |||
| NET BOOK VALUE | ||||
| At 31 December 2020 | - | |||
| At 31 December 2019 | 60 | |||
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.12.20 | 31.12.19 | |||
| £ | £ | |||
| Prepayments | - | 400 | ||
continued...
Page 7
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
| 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 10. MOVEMENT IN FUNDS At 1.1.20 £ Unrestricted funds General fund 204 TOTAL FUNDS 204 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 111,958 TOTAL FUNDS 111,958 Comparatives for movement in funds At 1.1.19 £ Unrestricted funds General fund 2,129 TOTAL FUNDS 2,129 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 60,656 TOTAL FUNDS 60,656 |
31.12.20 31.12.19 £ £ 1,365 2,920 Net movement At in funds 31.12.20 £ £ 7,127 7,331 7,127 7,331 Resources Movement expended in funds £ £ (104,831) 7,127 (104,831) 7,127 Net movement At in funds 31.12.19 £ £ (1,925) 204 (1,925) 204 Resources Movement expended in funds £ £ (62,581) (1,925) (62,581) (1,925) |
|---|---|
continued...
Page 8
Harwich & District Community Association
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.19 | in funds | 31.12.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,129 | 5,202 | 7,331 |
| TOTAL FUNDS | 2,129 | 5,202 | 7,331 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 172,614 172,614 |
Resources Movement expended in funds £ £ (167,412) 5,202 (167,412) 5,202 |
Resources Movement expended in funds £ £ (167,412) 5,202 (167,412) 5,202 |
|---|---|---|---|
| 5,202 |
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
Page 9
Harwich & District Community Association
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| Detailed Statement of Financial Activities for the Year Ended 31 December 2020 |
||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 41,641 | - |
| Other trading activities | ||
| Fundraising events | 2,090 | 3,152 |
| Room hire | 32,537 | 57,504 |
| Meals | 35,690 | - |
| 70,317 | 60,656 | |
| Total incoming resources | 111,958 | 60,656 |
| EXPENDITURE | ||
| Other trading activities | ||
| Purchases | 34,673 | - |
| Other | ||
| Other operating leases | 600 | 800 |
| Support costs | ||
| Management | ||
| Wages | 30,222 | 26,765 |
| Rates and water | 4,220 | 6,096 |
| Insurance | 856 | 1,502 |
| Light and heat | 12,173 | 16,588 |
| Telephone | 1,410 | 1,536 |
| Postage and stationery | 575 | 961 |
| Sundries | 4,352 | 215 |
| Entertainment | 362 | 1,063 |
| 54,170 | 54,726 | |
| Finance | ||
| Bank charges | 499 | - |
| Loss on sale of tangible fixed assets | 60 | - |
| 559 | - | |
| Information technology | ||
| Repairs and renewals | 11,889 | 6,404 |
| Other | ||
| Plant and machinery | - | 11 |
| Governance costs | ||
| Accountancy and legal fees | 2,940 | 640 |
This page does not form part of the statutory financial statements
Page 10
Harwich & District Community Association
Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| Detailed Statement of Financial Activities for the Year Ended 31 December 2020 |
|||
|---|---|---|---|
| 31.12.20 | 31.12.19 | ||
| £ | £ | ||
| Total resources expended | 104,831 | 62,581 | |
| Net income/(expenditure) | 7,127 | (1,925) | |
This page does not form part of the statutory financial statements
Page 11