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2022-03-31-accounts

CHINLEY, BUXWORTH & BROWNSIDE COMMUNITY ASSOCIATION ANNUAL REPORT FOR YEAR ENDED 31[st] MARCH 2022

CHARITY NO: 1165104

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Chinley, Buxworth & Brownside Community Association

Report of the Trustees for the Year Ended 31st March 2022

The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1165104

Principal address

21 Lower Lane Chinley High Peak Derbyshre SK23 6BE

Trustees

Mr Mark Connolly - Chair Mr Richard Winterbottom – Vice Chair Mrs Hayley Lever Mrs Linda Page Mr Philip Manford

Independent examiner

ABS Accountancy Ltd 10 Fairfield Road Buxton SK17 7DW

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on 30[th] November 2022 and signed on its behalf by:

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Chinley, Buxworth & Brownside Community Association

Annual Report of the Trustees

Introduction

This year the Community Association has begun to recover from the impact of the pandemic with the reopening of the centre and the return of many of the activities. We have welcomed new members to our committee who bring fresh ideas and help to organise our programme of events.

Events and Activities

We continued to offer support for residents through the Community Help service which we established last year with the Parish Council. However, as the restrictions following the pandemic were lifted the need for this service diminished as we were able to reopen the centre and welcome people back.

Many of the activities have returned including exercise classes, toddler groups and the cinema. The weekly Book Swap and coffee morning has continued to be successful providing an opportunity for people to drop in for coffee and a chat. The new Friday Friends group welcomes a growing number of people who enjoy a range of social activities including, games, quizzes and trips to local attractions.

We celebrated the return to a more usual way of life with a Picnic in the Park which replaced our annual Summer Fete. It was an extremely successful day helped by the glorious weather which lead one resident to say ‘I think the whole village is here.’

We were able to hold our Christmas Market again and despite the cold weather it was very busy with the barbecue selling out and traders reporting a successful evening. We were very grateful to the volunteers who helped to clear up afterwards, finishing just as the rain began to pour.

Finance

Income from use of the centre has begun to grow again and the charity remains in a good financial position.

Building

The building remains in constant need of repair and its replacement is our priority. Our bid to the Lottery Fund has, understandably, been held back due to the impact of the pandemic. Increased prices and availability of builders and other suppliers has required a number of reviews and rewrites and we will now submit the bid in the autumn.

Conclusion

The tremendous commitment and passion of our Trustees, Committee Members and Volunteers ensured that we were able to reopen the centre and enable the return of activities and events. The Community Association continues to make a positive contribution to the well-being of our community and we look forward to developing new ideas and services in the coming year.

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Chinley, Buxworth & Brownside Community Association

Independent Examiner's Report to the Trustees of Chinley, Buxworth & Brownside Community Association

I report on the accounts for the year ended 31st March 2022 set out on pages 6 to 13.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

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Chinley, Buxworth & Brownside Community Association

Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2022

Income
Note
Donations and legacies
2
Charitable activities
3
Total Income
Expenditure
Charitable Activities
4
Other Expenditure
5
Net Income/Expenditure
Transfer Between Funds
Net Movement in Funds
Reconciliation of Funds
Total funds brought forward
Total Funds Carried Forward
Unrestricted
Funds
£
19,122
22,526
41,648
26,587
725
27,312
14,336
14,336
45,369
59,705
Restricted
Funds
£
2,250
5,331
7,581
11,402
-
11,402
-
3,821
(3,821)
17,226
13,405
TOTAL
FUNDS
2021/2022
£
21,372
27,857
49,229
37,989
725
38,714
10,515
-
10,515
62,595
73,110
TOTAL FUNDS
2020/2021
£
16,478
2,173
18,651
14,867
1,777
16,644
2,007
-
2,007
55,497
57,504

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Chinley, Buxworth & Brownside Community Association

Balance sheet as at 31 March 2022

Note
FIXED ASSETS
Electrical Equipment
1
CURRENT ASSETS
Debtors & Prepayments
Cash at bank and in hand
CURRENT LIABILITIES
Creditors: amounts falling
due in less than one year
NET ASSETS
The funds of the charity:
Restricted Income Funds
6
Unrestricted Income Funds
7
Total charity funds
31/03/2022
£
-
-
1,875
73,606
75,481
2,371
2,371
73,110
13,405
59,705
73,110
31/03/2021
£
625
625
628
61,363
61,991
21
21
62,595
17,226
45,369
62,595

The financial statements were approved by the Board of Trustees on 30[th] November 2022 and were signed on its behalf by:

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Chinley, Buxworth & Brownside Community Association

Notes to the accounts for the year ended 31 March 2022

1. Accounting Policies

a. Basis of Preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102))and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The trustees have a reasonable expectation that the charity has adequate reserves to continue in operational existence for the foreseeable future. Accordingly the trustees continue to adopt the going concern basis in the preparation of the accounts.

b. Income Recognition

Income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

c. Expenditure Recognition

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 settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis.

d. Depreciation

Depreciation is provided on fixed assets other than freehold property in order to write off the cost of those assets over their expected economic lives. This is on a straight-line basis. The rate of depreciation used is:

Electrical Equipment – 5 Years

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Chinley, Buxworth & Brownside Community Association

1. Fixed Asset Schedule

Cost
at 31/03/2021
Additions
at 31/03/2022
Depreciation
at 31/03/2021
Charge for the year
at 31/03/2022
Net Book Value
at 31/03/2022
at 31/03/2021
. Analysis of Donations & Legacies Income
Donations and gifts
General grants provided by government/other charities
Total
Electrical
Equipment
Total
£
£
8,384
8,384
-
-
8,384
8,384
7,759
7,759
625
625
8,384
8,384
-
-
625
625
Unrestricted
funds
Restricted
income
funds
Total
funds
2021/22
Total
funds
2020/21
£
£
£
£
50
50
100
5,176
19,072 2,200
21,272
11,302
19,122 2,250
21,372
16,478

2. Analysis of Donations & Legacies Income

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Chinley, Buxworth & Brownside Community Association

3. Analysis of Charitable Activities Income

Booking Fees
Fete & Christmas Market Income
Cinema Income
Swimming Income
Bookswap Income
Live & Local Performances
Other Sporting Activities
Other Income
Total
Unrestricted
funds
Restricted
income
funds
Total funds
2021/22
Total funds
2020/21
£
£
£
£
8,568
8,568
1,027
2,566
2,512
5,078
-
615
615
-
8,651
8,651
766
2,032
2,032
340
-
-
81
81
-
13
2,819
2,832
40
22,526
5,331
27,857
2,173

4. Analysis of Charitable Activities Expenditure

Fete & Christmas Market Expenses
Cinema Expenses
Swimming Expenses
Christmas Lunch Expenditure
Bookswap Expenditure
Other Activities & Booking Costs
Postage, Printing & Stationery
Rent
Utilities
General Insurance
Repairs & Renewals
Cleaning & Caretaking
Equipment
Grants Paid
Sundry Expenses
Total
Unrestricted
funds
Restricted
income
funds
Total funds
2021/22
Total funds
2020/21
£
£
£
£
1,422
-
1,422
-
169
-
169
86
8,987
-
8,987
-
73
650
723
485
762
-
762
68
-
824
824
300
208
-
208
60
12
-
12
12
3,378
-
3,378
2,094
344
-
344
345
557
528
1,085
2,240
8,532
-
8,532
8,521
1,070
-
1,070
-
-
9,400
9,400
445
1,073
-
1,073
211
26,587
11,402
37,989
14,867

5. Analysis of Other Expenditure

Accountancy Fees
Depreciation
Total
Unrestricted
funds
Restricted
income
funds
Total funds
2021/22
Total funds
2020/21
£
£
£
£
100
-
100
100
625
-
625
1,677
725
-
725
1,777

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Chinley, Buxworth & Brownside Community Association

6. Analysis of movement in Restricted Funds

Defibrillator Fund
Building Fund
Musical Memories
Citizens Advice
Friday Friends
Christmas Lunch
Total
Balance at
31st March
2021
Income
Expenditure
Balance at
31st March
2022
£
£
£
£
550
80
528
102
15,936
4,483
8,000
12,419
490
566
470
586
250
1,174
1,424
-
-
628
330
298
-
650
650
-
17,226
7,581
11,402
13,405

Description, nature and purposes of the fund

Name of Fund

Defibrillator Fund

Building Fund

Musical Memories

Citizens Advice

This fund was set up in order to raise money to place defibrillators around the Chinley, Buxworth and Brownside area to be used in an emergency. Funded by donations from the community and local businesses.

The Building fund is specifically set up towards covering costs of preparation work towards to the new building, replacing the existing building. Funding raised so far has been a £6,500 donation from Derbyshire County Council, along with individual donations and the money raised at the Summer Fete.

Musical Memories is a funded through Derbyshire County Council and provides musical therapy for local people suffering from Dementia.

A fund set up to provide the community to the Citizens Advice bureau at the Community Association building once a month.

Friday Friends An activity whose surplus have been set aside for the development of the group. Christmas Lunch A Christmas lunch has been provided each year for the older residents of the village. This year due to the pandemic it was delivered to homes. Grants were received from the local authorities and a local business.

7. Analysis of movement in Unrestricted Funds

General Fund
Total
Balance at
31st March
2021
Income
Expenditure
Balance at
31st March
2022
£
£
£
£
45,369
41,648
27,312
59,705
45,369
41,648
27,312
59,705

8. Corporation Tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

9. Trustee remuneration & expenses, and related party transactions

One Trustee holds paid employment with the charity; however, the board believes this does not affect his integrity as a trustee. No trustee has receive remuneration or expenses for their role as trustees.

The average number of staff employed during the period was 1. There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

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