|||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|
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|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|
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|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|
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|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|
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|||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|
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|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|
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|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|
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|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. ..|
##
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||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||
##
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|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|
##
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|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)|