| Contents | Page | ||
|---|---|---|---|
| Trustees' Annual report |
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| Independent Examiner's Report |
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| Statement of Financial | Activities | ||
| Statement offinancial | position | ||
| Notes to the Financial | Statements | 9-18 |
| The main actlvi(les for public beneflf Isto: | |||||
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| (a) provide a safe, warm and welcoming environment and offer public facifitles that are modern, clean and environmentally susiainable; |
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| (b) promote the avafiabiliiy ofclasses for further education, |
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| Summary ofthe main | relaxation, personal well-being, and social and emotfonal support; |
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| activgles undertaken for the public benefit fn relation to these obJects (include within this section ths statutory |
(c) provide a subsldlssd lunch club (currently suspended due to kitchen refurbishment as ofJanuary 20tg) primarily for the socially isolated and lonely residents who live locally; |
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| declaration that trustees have had regard to the guidance Issued by the Charity |
(d) bring together in conference representatives ofvoluntary organisation, Government departments, statutory authorities and Individuals; |
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| Commfsslon | on pubfic | ||||
| benefft) | (e) arrange and provide for, either alone orwith others, the holding of |
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| exhibitions, meeting, lectures, seminars and training courses; |
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| (f) cofiect and disseminate Information on all matters relating to its objects and to exchange such information with other bodies |
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| having similar obJects; |
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| (g) raise funds and Invite or receive donations and contributions for |
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| the furtherance ofthe Centre's facfiitles and offerin s |
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| Summary of | the main | Havant Borough Council has continued to maintain this rather old |
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| achievements ofthe charity during the year |
building to a good standard and during the year the following repairs have been carried out: |
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| Repairs to front elevation by replacing the roiten panels with grey cladding. |
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| Installa(lon ofa French drain to the rear ofthe property. | |||||
| The Association Isgrateful to I-lavant Borough Council for keeping the building repaired and maintained. |
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| WACA CIO is still In a contract between Newlands Parish Councit and |
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| Grafnger PLC to manage the accounfing, bookings and cleaning ofthe |
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| temporary community facfiiiy know as Newlands Communiiy Hall. |
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| This financial year commenced with the Centre fn lock-down and remained ctosed unfil 1"September 2020. Afi staff were placed on fiexlble furlough and only worked for essential day-to-day maintenance and accounting. |
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| Curing this time, building maintenance had to be carried out and Trustees |
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| took the opportunliy to refurbish the building in its entirety. This proved very beneficial when we reopened as the premises were declared a |
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| Covid Safety Environment' due to the deep cleaning that had taken place. |
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| WACA reopened in September and October but some staff were stfit flexl |
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| furloughed as bookings were slow to return, so a skeleton opening schedule was introduced. Another lockdown during November reopened on 1s December but only managed 3weeks trading. Christmas closure and another lockdown In January meant we dldn't trade ihe remainder of |
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| the financial year. | |||||
| TAR |
| 31.03.21 | 31.03.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | E | E | E | E | |||
| Income and endowments | from: | ||||||
| Donations and legades |
76,215 | 75,215 | 38,349 | ||||
| Charitable activities |
22,090 | 22,090 | 133,843 | ||||
| Other trading activities |
1,418 | 1,418 | 1,474 | ||||
| investments | 14 | 14 | 47 | ||||
| Other | 7,638 | ||||||
| Total Income and endowments | 98,737 | ~98737 | |||||
| Expenditure on: |
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| Raising funds | 183 | ||||||
| Charitable acbvfBes |
123,987 | 123,987 | 116,226 | ||||
| Total expenditure | ~123987 | ||||||
| Net Incomel (expenditure) | 25,250 | 25,260 | 62,943 | ||||
| Transfers between funda |
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| Net movement In funds |
16 | — | 25.250 | 26,260 | 62,943 | ||
| Recondgatlon offunds: |
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| Total funds brought forward |
16 | 220,422 | 6,192 | 225,614 | 182,871 | ||
| Total funds carried forward | 5,192 | ~200 364 |
| ASAT31MARCH | 2021 | |||
|---|---|---|---|---|
| Notes | 2021f | 2020f | ||
| Fixed assets | ||||
| Tangible assets | 12 | 114,581 | 101,379 | |
| Investments | 15 | 3 | 3 | |
| 114,584 | 101,382 | |||
| Current Assets | ||||
| Stocks | 250 | 250 | ||
| Debtors | 13 | 3,148 | 9,151 | |
| Cash at bank and in | hand | 87,915 | 123,537 | |
| 91,312 | 132,938 | |||
| Creditors: amounts | falling due within | 44 | 5555 | 8,706 |
| one year | ||||
| Net current assets I(liabilities) | 85,780 | 124,232 | ||
| Total assets less current liabilities | 200,364 | 225,614 | ||
| Charity Funds | ||||
| Unrestricted funds |
16 | 195,172 | 220,422 | |
| Restricted funds | 16 | 5,192 | 5,192 | |
| Total charity funds/deficit | 200,364 | 225,614 |
| Income fr | om donations and legacies |
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|---|---|---|---|
| 2021 | 2020 | ||
| E | |||
| Donations | received | 1,583 | 474 |
| Granis (non excepUonalj | 34,800 | ||
| COVID 19 | related grants | 1,275 | |
| 75,215 | 36,349 |
| Income from charita | ble activities |
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|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Room snd equipment | hire | 21,870 | 126,599 |
| Rent ofbsr | 3,600 | ||
| Membership Income |
5 | 820 | |
| Lunch Club income | 80 | ||
| Catering and Kitchen |
income | 335 | 3,024 |
| 22,090 | 133,843 |
| Income from other trading activiti |
es | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Fundralsing events |
332 | ||
| Recharge ofexpenses to Newlands | Community | ||
| Centre | 1,068 | 125 | |
| Sundry income | 18 | 445 | |
| 1,418 | 1,474 | ||
| AU income from other trading actMUes was attributable | to unrestricted funds. |
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| income from Investments | |||
| 2021 | 2020 | ||
| E | F. | ||
| Interest receivable | 14 | 47 |
| 6 | Other Income | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021f | 2020 F. |
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| Wages recharged to |
WACO Enterprises | Ltd | 7,638 | |||||||
| 7,638 | ||||||||||
| AU other Income was | attributable | to | unrestricted | funds. | ||||||
| 7 | Raising funds | |||||||||
| 2021f | 2020f | |||||||||
| Fundralslng expenses |
183 | |||||||||
| AU ofthe above costs | were attributable | to unrestricted | funds. | |||||||
| 8 | Analysis ofexpenditure | on charitable | activities | |||||||
| 2021f | 2020f | |||||||||
| Staff costs | 47,298 | 68,078 | ||||||||
| Rates snd water | 487 | 1,239 | ||||||||
| Insurance | 1,197 | 1,110 | ||||||||
| Light and heat | 3,769 | 5,928 | ||||||||
| Telephone | 958 | 732 | ||||||||
| Rscydlng and waste |
cogection | 1,189 | 1,989 | |||||||
| Maintenance, repairs |
and | renewals | 10,765 | 11,831 | ||||||
| Maintenance, repairs |
and | renewals | -exceptional | 32,960 | ||||||
| PrlnUng, postage and |
stationery | 670 | 1,149 | |||||||
| ITsupport and computer |
running | expenses | 1,262 | 1,387 | ||||||
| Legal and professional | fees | 1,805 | 1,456 | |||||||
| Ucences snd subscriptlons | 1,020 | 1,578 | ||||||||
| Sundry expenses | 29 | 155 | ||||||||
| Catering and kitchen expenses |
108 | 1,364 | ||||||||
| Advergsing &promotional |
expenses | 181 | ||||||||
| Bar rental | 1,350 | |||||||||
| Accountancy | 1,110 | 1,146 | ||||||||
| Depredation | 19,227 | 15,434 | ||||||||
| Bank charges | 138 | 120 | ||||||||
| 123,987 | 116,225 |
| The number oftrustees | The number oftrustees | that hsd expenses | that hsd expenses | that hsd expenses | reimbursed | by the energy | In ths year was 1 (2020:1). | In ths year was 1 (2020:1). | |
|---|---|---|---|---|---|---|---|---|---|
| Expenses reimbursed | wore as follows: | ||||||||
| 2021 | 2020 | ||||||||
| E | 6 | ||||||||
| Advertising &promotional |
expenses | 59 | |||||||
| Maintenance, repairs |
and | renewals | 1,038 | 67 | |||||
| Catedng snd kitchen | expenses | 362 | |||||||
| Sundff expenses | 150 | ||||||||
| 1,038 | 638 | ||||||||
| 11 | Staffcosts and employee | benefits | |||||||
| Tits total staff costs | and | employees | benefit's was ss | follows: | |||||
| 2021f | 2020f | ||||||||
| Wages and salaries | 47,290 | 67,948 | |||||||
| GratuUles | 6 | 128 | |||||||
| 47,295 | 68,076 |
| 2021 | 2020 | |
|---|---|---|
| Number ofemployees | ||
| Full time equivalent |
| Tangible Sxed assets | ||
|---|---|---|
| Fixtures, fittings | ||
| and equipmentf | Total f |
|
| Cost or valuation | ||
| At 1 April 2020 | 128,407 | 128,407 |
| Additions in period |
32,429 | 32,429 |
| Dlsposals In period |
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| At 31 March 2021 | 160,836 | 160836 |
| Depreciation | ||
| At 1 April 2020 | 27,028 | 27,028 |
| Charge for period | 19,227 | 19,227 |
| Eliminated In respect ofdisposals |
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| At 31 March 2021 | 46,255 | ~46255 |
| Net book value | ||
| At 31 March 2021 | 114551 | 114,681 |
| At 31 March 2020 | 151,375 | 101,379 |
| Debtors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2021f | 2020f | ||
| Trade debtors | 1,642 | 5,408 | |
| Prepayments | 1,194 | 2,468 | |
| Accrued Income | 311 | 1,275 | |
| 3,148 | 9,151 | ||
| Creditors: amounts | falling due within one year | ||
| 2021f | 2020f | ||
| Trade creditors | 2,378 | 3,614 | |
| Accruals and deferred income | 2,949 | 3,980 | |
| Other tax and social | security | 206 | 1,112 |
| 5,532 | 8,706 |
| Turnover | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 6 | 6 | |||
| 136 | 29,160 | |||
| Cost ofsales | 1,629 | 19,383 | ||
| Gross profit | 1,493 | 9,777 | ||
| Administrative | expenses | 1,785 | 6,137 | |
| Profit before | taxation | 3,278 | 3,640 | |
| Tax on profit | 532 | 783 | ||
| Profit for the | financial year | 2,746 | 2,857 | |
| Profit/(loss) | reserves brought | forward | 6,825 | 3,968 |
| Distributions | to parent charity under gift aid | |||
| Profit/(loss) | reserves carried | forward | 4,079 | 6,825 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | ||||
| Rent received Wages recharged Donations received |
to WACO Enterprises | Ltd | 3,600 7,638 |
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| Bar hire paid to WACO Enterprises | 1,360 |