2021-12-31-accounts

		Page
Chairman's Report
Report ofthe Trustees		2 to	10
Independent Exsmiaer's Report
Statement ofFinancial Activities		12
Balance Sheet		13 to	14
Notes to the Fiaaacisl Statements		15 to	22
Detailed Statemeat of Financial	Activities	23 to	24

Statement ofFinanc for the Year Ended	ial Activities 31December 2021
					31/12/21	31/12/20
			Unrestricted	Restricted	Total	Total
			funds	fund	funds	funds
		Notes	f.
INCOME FROM
Donations snd legacies					206343	111,647
Other Charitable Income		3	159,936	4484	164,220	132,760
Other income			821		821	800
Total			160,757	210,627	371484	245/07
EXPENDITURE ON
Charitable activities
Community Centre Management Support Costs			178,217 23,886	161,011 9,683	339,228 33,569	213,021 55,166
Total			202,103	170,694	372,797	268,187
NET INCOME/(EXPENDITURE)			(41446)	399933	(1,413)	(22,980)
RECONCILIATION	OF FUNDS
Total funds brought	forward		2,158,605		2,158,605	2,181,585
TOTAL FUNDS CARRIED FORWARD			2,117459	39)933	2,157,192	2,158,605

Balance Sheet 31December 2021
			31/12/21	31/12/20
		Notes
FIXEDASSETS
Tangible assets			1,985,889	2,000,000
CURRENT ASSETS
Debtors			66,673	79,153
Cash atbank			133,761	100,436
			200rt34	179,589
CREDITORS
Amounts faging due within	one year	10	(29,131)	(20,984)
NET CURRENT ASSETS			171403	158,605
TOTAL ASSETSLESSCURRENT
LIABILITIES			2,157,192	2,158,605
NET ASSETS			2,157,192	2,158,605
FUNDS		12
Unrestricted funds:
General fund			2,096435	2,119,511
Sinking fund			20,924	39,094
			2,117,259	2,158,605
Restricted funds:
Restricted Funds			39,933
TOTAL FUNDS			2,157,192	2,158,605

DONATIONS AND LEGACIES	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES
			31/12/21	31/I2/20
			8
Donations			2,407	6,492
Grants			203,936	105,155
			206,343	111,647
Grants received, included	in the above, are as follows:
			31/12/21	31/I2/20
Peabody Community Fund The National Lottery Cominunity		Fund	14,901 17,811	2,000 23,666
John Lyons Charity			6,083
Garfield Wescon Foundation			25,000
Barnet Council			22,615	28,143
Co-operative Foundation Home Group GLA London Community	Energy	Fund	3,403 19,281 7,915	10,000 2,351
Morris Beneficent Charity Young Barnet Foundation Department ofWork and Pensions London Community Response Fund			10,000 14,592 19/76 22,629	4,000
Andrew Stabbing Foundation The Hadley Trust Awards 4All			5,000	10,000 9,950
Other Restricted Grants			15,430	15,045
			203,936	105,155

		31/12/21	31/12/20
			5
Conununity	Trust Deed	50,000	50,000
Lease Rent		76,081	20,929
Service Charge		32,690	42,682
Cleaning Recharge			9,778
Corrununity	Centre Management	1,165
Individual	Giving	4484	9,371
		164420	132,760

		31/12/21	31/12/20
Depreciation	- owned assets	22,945	32/66
Independent	Examiners Fees	1,500	1/00

2020
		Unrestricted	Restricted	Total
		funds	fund	funds
		8
INCOME	FROM
Donations	and legacies	28,643	83,004	111,647
Other Charitable Income		123,389	9,371	132,760
Other income		800	-	800
Total		152,832	92/75	245407
EXPENDITURE ON
Charitable	activities
Community	Centre Management	126,830	86,191	213,021
Support Costs		10,909	44,257	55,166

COMPARATIVES 2020 - continued	FOR THE STATEMENT	OFFINANCIAL ACTIV	ITIES 31DE	EMBER
		Unrestricted	Restricted	Total
		funds	fund	funds
			5
Total		137,739	130,448	268,187
NET INCOME/(EXPENDITURE)		15,093	(38,073)	(22,980)
Transfers between funds		(8,908)	8,908
Net movement in funds		6,185	(29,165)	(22,980)
RECONCILIATION	OFFUNDS
Total funds brought	forward	2,152,420	29,165	2,181,585
TOTAL FUNDS CARRIED
FORWARD		2,158,605		2,158,605

TANGIBLE FIXED ASSETS
		Fixtures
	Freehold	snd
	property	fittings	Totals
	5	5	f.
COST At 1 January 2021 Additions	2,100,000	141,954 $,834	2441,954 8,834
At 31December 2021	2,100,000	150,788	2,250,788
DEPRECIATION
At 1January 2021 Charge foryear	100,000 20,000	141,954 2,945	241,954 22,945
At 31December 2021	120,000	144,899	264,899
NET BOOKVALUE At 31December 2021	1,980,000	5,889	1,985,889
At 31December 2020	2,000,000		2,000,000

9.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		31/12/21	31/12/20
	Trade debtors	57,001	73,014
	Other debtors	1,186	2,590
	Prepaym eats and accrued income	8,486	3,549
		66,673	79,153
10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31/12/21	31/12/20
			f,
	Trade creditors	19,131	10,880
	Social security and other taxes	6,819
	Accruals snd deferred income	1,000
	Accrued expenses	2,181	10,104
		29,131	20,984
11.	ANALYSIS OFGENERAL RESERVES
	General Reserves as at 31December 2021 consist of:

	31/12/21	31/12/20
Fixed Assets Reserves	1,980,000	2,000,000
Free General Reserves	116,335	119,511
Sinking Fund	20,924	39,094
Total General Reserves	2,117,259	2,158,605

			Net	Transfers
			movement	between	At
		At I/I/21	in funds	funds	3I/12/21
					6
Unrestricted	funds
General fund		2,119,511	(41446)	188170	2,096,335
Sinking fund		39,094		(18,170)	20,924
		2,]58,605	(41446)		2,117459
Restricted fuads
Restricted Funds			39,933		39,933
TOTAL FUNDS		2,158,605	(1,413)		2,157,192

Net movement	in funds, includ	ed in the a	bove are as follows	:
				Incoming	Resources	Movement
				resources	expended	in funds
					6
Unrestricted	fueds
General fund				160,757	(202,103)	(41446)
Restricted funds
Restricted Funds				210,627	(170,694)	39,933
TOTAL FUNDS				371484	(372,797)	(1,413)
Comparatives	for movement	in funds
				Net	Transfers
				movement	between	At
			At I/I/20	in funds	funds	31/12/20
				f		5
Unrestricted	funds
General fund			2,113,326	15,093	(8,908)	2,119,511
Sinking fund			39,094			39,094
			2,152,420	15,093	(8,908)	2,158,605
Restricted funds
Restricted Funds			29,165	(38,073)	8,908
TOTAL FUNDS			2,181,585	(22,980)		2,158,605
			P20			continued. ..

	Incoming	Resources	Movement
	resources	expended	in funds
	g
Unrestricted funds
General fimd	152,832	(137,739)	15,093
Restricted funds
Restricted Funds	92,375	(130,448)	(38,073)
TOTAL FUNDS	245,207	(268,187)	(22,980)
Restricted Funds

Reslricted Funds as at31 De	cember 2021 consist of:
		31/12/21	31/12/20
Garfield Weston Foundation		6,250
National Lottery Community	Fund	8,905
Peabody Community Fund		11,176
Morris Beneg cent		10&000
Other Restricted Funds		3,602
Total Restricted Funds		39,933

Detailed Statement ofFinancial Activities for the Year Ended 31December 2021
	3I/12/21	31/12/20
		5
INCOME
Donations and legacies
Donations	2,407	6,492
Grants	203,936	105,155
	206,343	111,647
Other Charitable Income
Community Trust Deed	50,000	50,000
Lease Rent	76,081	20,929
Service Charge	32,690	42,682
Cleaning Recharge		9,778
Community Centre Management	1,165
Individual Giving	4/84	9,371
	164420	132,760
Other iacome
Interest Receivable	821	800
Total incoming resources	371484	245/07
Charitable activities
Building Insurance	6,021	4,959
Telephone	2,047	1,815
Marketing and Promotion	300	1,384
Sundries	4495	1,341
Heating and Hot Water Cleaning	19,924 5419	21,777 8,817
Building Maintenance	37425	21,077
Community Activities	55,429	7,198
StPeter's Contribution	13,088	28,896
Equipment Expensed Training and welfare	995 3,281	9,245 734
Subscriptions	4,421	2,118
Travel	7)285	3,331
Food Bank dr Kitchen Cost	4+15	11,878
Freehold Property Depreciation	20,000	20,000
Carried forward	184,145	144,570

for the Year Ende	d 31December 2021
		31/12/21	31/12/20
Charitable activities
Brought forward Fixtures and Fittings	Deprecia	1849145 2,945	144,570 12367
		187,090	156,837
Support costs
Management Wages		152,138	56,184
Other
Volunteer Training	and Expense		4,734
Governance costs
Accountancy and legal fees Independent Examiners Fees Legal fees Consultancy fees		808 1,500 2,107 28,180	356 1,200 48,876
		32,595	50,432
Total resources expended		372,797	268,187
Net expenditure		(1,413)	(22,980)