wiio WE ARE Wh&w WCDA ￿ o rpgweied ¢horiiW (CIO) ￿ llfy52￿ ty)*d tr* WMA T IVE DO OVR IMPAcr ¢nd ￿e￿5 tye W¢vNJe4 tys (s o Or￿ notsoi * To Cr•￿è o Cvid Thr￿￿￿1￿￿1 2tsmmL•IIty rlThYs 5Wtsiknr¥)(hY L￿n￿￿T¢)￿tr . PeopietbiltsWlh¢XIMr¢xeaisane¥enb•ti•r PkKetoliYe a5taCwp￿¢U￿7tyr•laIo(jIO loort T•lX>rt ¢￿trA￿ kilormcAloTh thai *• Thnd if o Iltll• It dhy OUR fjOVEK￿A￿ TruÈtett Thè¥ cyèal l¥ing or In WniU8y.W• IT ￿ e55pnDEI tr*Jl we P¥J¥e EtsieGI Iir*5 *ith the pètsplp in tr* The 10 ¢wJl bv o rturnber ¢1 thiyom to In *¢ry *4th WC OUR PARNERS OUK PROJEcrs we htyj to W ¢ui to Sps%Wh5 ¢n fv)bJ thJnty COVID Mweyer Back l*hen in came Into 115 tthng ￿ oprAydkiity to r¢ld lamlly Photo IIDns lo 5hLTp with u5 OIL We IVJM hpET OUR pEortE p WMATPEOrtE S FIMD oifr MORE YauTth. Ill fjEr I￿￿oI￿E0 There o numtier ol way% in YQU Wort the ol. or mEnloriry v(w o 0￿￿E£r WfTN VS OUR THA￿￿£ WCDA Repwt August 2020 -July2021 Whit-. Aug Sept Oct Nov Dee Jan Feb July OA 202 UG Y202 Intra4￿ In thè I•￿￿01￿r rC￿p1aj*CE ConDnLlng ttst¥Drk Cafe: Wewil becontinLwngto ewMourollqriw In avaTiety Partnerships: c**ST**
**COM**
**ATEM**
**FOR**
**TH**
**Not**
**e**
**MUNITY**
**DEVENT**
**OF FINAE **
**YEAR END**
**Restricte**
**d**
**Fund**
**s**
**202**
**1**
**£**
**ELOPME**
**N NCIAL**
**AED 31**
**JUL**
**T**
**ASSOCIATION**
**CTIVITIES**
**Y 2021**
**Unrestrict**
**ed**
**Fund**
**s**
**202**
**1**
**£**
**INCOME FROM:**
Donations and
Grants Charitable
activities
12,13
4
172,062
1,812
**TOTAL INCOME**
12,134
173,874
**EXPENDITURE ON:**
Charitable activities
**2**
161,386
4,152
**TOTAL EXPENDITURE**
**3**
161,386
4,152
**NET INCOME BEFORE**
**OTHER RECOGNISED**
**GAINS**
**AND LOSSES**
(35,595
)
7,982
**NET MOVEMENT IN**
**FUNDS**
(35,595
)
7,982
**RECONCILIATION**
**OFFUNDS:**
Total funds brought
forward
-
71,16
9
**TOTAL FUNDS CARRIED**
**FORWARD**
35,59
5
7,98
2
All activities relate to
continuing operations.
The notes on pages 15 to
20form part of these
fnancialstatements.|**Tota**
**l**
**Fund**
**s**
**202**
**1**
**£**
**184,196**
**1,812**||Tota
l
Fund
s
202
0
£| |---|---|---|---| ||||192,115| ||
**186,008**||| ||||192,115| ||**165,537**||| ||||139,796| ||**165,537**||| ||||139,796| ||**27,61**
**3**
**27,61**
**3**

**71,16**
**9**||| ||||52,319| ||||52,319| ||||| ||||| ||||18,850| ||**43,55**
**6**
||71,169| ||||| ||||| ## **WHITLEY COMMUNITY DEVELOPMENT** ## **ASSOCIATION BALANCE SHEET** |**ASSOCIATIONBALANCE SHEET**|**ASSOCIATIONBALANCE SHEET**|**ASSOCIATIONBALANCE SHEET**|| |---|---|---|---| |**AS AT 31 JULY 2021**|||| |**Note**
**s**
**FIXED ASSETS**
Tangible assets
**7**
**CURRENT ASSETS**
Debtors and accrued
income
Cash at bank and in hand
**8**
**CREDITORS:**amounts
fallingdue within one
year
**9**
**NET CURRENT ASSETS**
**NET ASSETS**
**CHARITY FUNDS**
Unrestricted
Funds Restricted
Funds
**10**
**10**
**TOTAL FUNDS**|**£**

(360)|**2021**
**£**
**-**
-
43,916
**43,916**
**43,556**|**2020**
**£**
**£**
**235**
48,08
4
23,32
4
**71,40**
**7**
(473)
**70,93**
**4**
**71,16**
**9**
**71,16**
**9**
**71,16**
**9**| ||||| |||**43,556**|| |||**35,574**
**7,982**
**43,556**|| ## **WHITLEY COMMUNITY DEVELOPMENT ASSOCIATION** ## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY** ## **2021** |**2021**|||| |---|---|---|---| |**Note**
**Cash fows from operating activities**
Net cash generated (used) in operating
activities
**12**
**Cash fows from investing activities:**
Purchase of tangible fxed assets
**Net cash used in investing activities**
**Change in cash and cash equivalents in the**
**year**
Cash and cash equivalents bought forward
**Cash and cash equivalents carried forward**
**13**|**202**
**1**
**£**
**20,59**
**2**
**-**
**-**
**20,59**
**2**
**23,32**
**4**
**43,916**|2020
£
(7,468)|| |||-|| |||-|| |||(7,468
)
30,79
1|| |||23,324|| ## **WHITLEY COMMUNITY DEVELOPMENT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021** ## **1. ACCOUNTING** ## **POLICIES 1.1** Basis of preparation of financial statements. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011. Whitley Community Development Association constitutes a public benefit entity as defined by FRS 102. ## **1.2 Income** All 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. Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. ## **1.3 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities ## **WHITLEY COMMUNITY DEVELOPMENT ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 (continued)** ## **1. ACCOUNTING POLICIES (continued)** ## **1.4 Tangible fixed assets and depreciation** Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Office equipment - 33% straight line ## **1.5 Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. ## **1.6 Debtors** Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **1.7 Cash at Bank and in hand** Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **1.8 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges ## **1.9 Judgements in applying accounting policies and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements. ## **Tangible fixed assets** Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annual and may vary depending on a number of factors. Residual value assessments consider issues such as the remaining life of the asset and projected disposal values. ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021** ## **2. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES** |**Unrestricte**
**d**
**Fund**
**s**
**202**
**1**
**£**
**Restricte**
**d**
**Fund**
**s**
**202**
**1**
**£**
Charitable activities 2021
**161,386**
**4,152**
Total 2020
139,796
-
**.**
**ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE**
Charitable Activities
**Staf cost**
**2021**
**£**
**56,5**
**44**
**Other**
**costs**
**2021**
**£**
**108,9**
**94**
Total 2020
49,31
2
90,48
4||| |---|---|---| |||| |||| ## **3. ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE** ## **4. NET INCOME(EXPENDITURE)** This is stated after charging: **2021 2020 £ £** Depreciation of tangible fixed assets -owned by the charity 235 5,272 ## **5. INDEPENDENT EXAMINATION FEES AND TRUSTEES EXPENSES** During the period, no Trustees received any remuneration. During the period, no Trustees received any benefits in kind. During the period, no Trustees received any reimbursement of expenses. The Independent Examiner's remuneration amounts to an Independent Examination fee of £360 including VAT (2020:£360) **----- Start of picture text -----**
WHITLEY COMMUNITY DEVELOPMENT
ASSOCIATION
NOTES TO THE FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31 JULY
2021
6. STAFF COSTS
Staff costs were as follows:
2021 2020
£ £
Wages and Salaries 56,544 49,312
The average number of persons employed by the charity during the year was as follows:
Charitable activities 2021 2020
No No
. .
5 5
This was made up of 5 individuals who work primarily for WCDA but there are also 5
‘Whitley Researchers’ who work small numbers of hours on the Whitley Researchers
project and the
association runs payroll
for.
No employee received remuneration amounting to more than £60,000 in
either year. NoNo pension contributions were made, and no pension liabilities
were incurred.
7. TANGIBLE FIXED ASSETS
Offic
e
Equipme
nt
£
Cost
August 1 2020 15,977
Additions -
At July 2021 15,977
Depreciation
At 1 August 2020 15,742
Charge for the year 235
At 31 July 2021 15,977
Net Book Value
-
At 31 July 2021
At 31 July 2020 235
**----- End of picture text -----**
## **6. STAFF COSTS** No employee received remuneration amounting to more than £60,000 in either year. NoNo pension contributions were made, and no pension liabilities were incurred. **7. TANGIBLE FIXED ASSETS** ## **Cost** ## **8. DEBTORS** |**8. DEBTORS**|**8. DEBTORS**|**8. DEBTORS**|**8. DEBTORS**| |---|---|---|---| |Trade debtors
Accrued income
**2021**
**£**
-
-
2020
£
24,48
9
23,595
**-**
48,08
4|||| ||**-**||48,08
4| The accrued income relates to invoices for work done in July invoiced in August. ## **9. CREDITORS: Amounts falling due within one year** |Trade Creditors
Accruals and deferred income
**10.**
**STATEMENT OF FUNDS**|**2021**
**£**
-
360
**360**|2020
£
11
3
360| |---|---|---| |||473| ## **STATEMENT OF FUNDS-CURRENT** ## **YEAR** |**Balance at**
**1st August**
**2020**
**£**
**Unrestricted Funds**
Unrestricted Funds
71,169
**TOTAL UNRESTRICTED**
**71,169**
**Restricted Funds**
WRAP
-
COOP
**-**
**TOTAL RESTRICTED**
-
**TOTAL FUNDS**
**71,169**
**STATEMENT OF FUNDS-PRIOR YEAR**
**Balance at**
**1st August**
**2019**
**£**
**Unrestricted Funds**
Unrestricted Funds
18,850
**TOTAL**
**18,850**|**Income**
**£**
125,791
**125,79**
**1**
9,881
2,253
**12,134**
**137,92**
**5**
**Income**
**£**
192,115
**192,11**
**5**|**Expenditu**
**re**
**£**
161,386
**161,386**
4,152
**4,152**
**165,537**
**Expenditu**
**re**
**£**
139,796
**139,796**|**Balance at**
**31 July**
**2021**
**£**
35,754| |---|---|---|---| ||||**35,754**| ||||| ||||**5,729**
**2,253**| ||||**7,982**
**43,556**
**Balance at**
**31 July**
**2020**
**£**
71,169| ||||**71,169**| ## **WHITLEY COMMUNITY DEVELOPMENT ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 202** ## **11. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ## **ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT** ## **YEAR** |**EAR**|||| |---|---|---|---| |Tangible Fixed Assets
Current Assets
Creditors due within
one year|**Unrestrict**
**ed**
**Fund**
**s**
**202**
**1**
**£**
**Restricte**
**d**
**Fund**
**s**
**202**
**1**
**£**
-
-
35,974
7,982
(360)
-
35,614
7,982||**Total**
**Fund**
**s**
**202**
**1**
**£**
-
43,916
(360)| ||||43,556| ## **ANALYSIS OF NET ASSETS BETWEEN FUNDS-PRIOR YEAR** |**Unrestricted**
**Fund**
**s**
**202**
**0**
**£**
Tangible Fixed Assets
235
Current Assets
71,407
Creditors due within one year
(473)
71,169|**Total**
**Fund**
**s**
**202**
**0**
**£**
235
71,407
(473)| |---|---| ||
71,169| |**WHITLEY COMMUNITY DEVELOPMENT**
**ASSOCIATION**
**NOTES TO THE FINANCIAL**
**STATEMENTS**
**FOR THE YEAR ENDED 31 JULY**
**2021**
**ECONCILLIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW**
**PERATINGACTIVITIEs**
**2021**
**£**
Net income for the year (as per Financial Activities)
**(27,613)**
**Adjustment for:**
Depreciation Charges
**235**
(Increase)Reduction in debtors and accrued
income
**48,084**
Increase (Reduction) in creditors
**(113)**|**WHITLEY COMMUNITY DEVELOPMENT**
**ASSOCIATION**
**NOTES TO THE FINANCIAL**
**STATEMENTS**
**FOR THE YEAR ENDED 31 JULY**
**2021**
**ECONCILLIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW**
**PERATINGACTIVITIEs**
**2021**
**£**
Net income for the year (as per Financial Activities)
**(27,613)**
**Adjustment for:**
Depreciation Charges
**235**
(Increase)Reduction in debtors and accrued
income
**48,084**
Increase (Reduction) in creditors
**(113)**|**FROM**
2020
£
52,319
5,272
(46,525)
(18,534)| |---|---|---| |**Net cash generated (used) in operating**|**20,593**|(7,468)| |**activities**||| |**NALYSIS OF CASH AND CASH EQUIVALENTS**|**2021**|2020| ||**£**|£| |Cash in hand|43,916|23,324| |**Total**
**ONTROLLING PARTY**|**43,916**|23,324| |he charity is controlled by the trustees as disclosed in the annual report.||| ## **12. RECONCILLIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIEs** ## **13. ANALYSIS OF CASH AND CASH EQUIVALENTS** ## **14. CONTROLLING PARTY** The charity is controlled by the trustees as disclosed in the annual report. **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the** Charity Name **trustees/ members** Whitley Community Development Association **of** 31[st] July 2021 **Charity** 1165275 **On accounts for the no (if year ended any) Set out on pages** 1 - 3 (remember to include the page numbers of additional sheets) **Respective** The charity's trustees are responsible for the preparation of the **responsibilities of** accounts. The charity’s trustees consider that an audit is not **trustees and** required for this year under section 144 of the Charities Act 2011 **examiner** (the Charities Act) and that an independent examination is needed. [The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [named body]]. _Delete_ [ ] _if not applicable._ - It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with general **examiner’s** Directions given by the Charity Commission. An examination **statement** 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 the 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 statement below. **December** 1 **IER 2017** ## **Independent examiner's statement** In connection with my examination, no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that in, any material respect,: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did 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 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. - _Please delete the words in the brackets if they do not apply._ **Date:** 19/05/2022 **Signed: Name:** Sabina Reed **Relevant** AAT **professional qualification(s) or body (if any):** **Address:** c/o Holybrook Associates Ltd Curious Lounge, 1[st] Floor, Pinnacle Building, Tudor Road Reading, Berks RG1 1NH ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **December** 2 **IER 2017** **Give here details of any items that the examiner wishes to disclose** . **December** 3 **IER 2017**