## **Wollaton Park Community Association** (Registered charity, number 1168667) **Financial statements for the year ended 30 September 2021**
|**Page**|**Contents**|
|---|---|
|2 - 3|Trustees’ annual report|
|4|Independent examiner’s report|
|5|Receipts & payments account|
|6|Statement of assets & liabilities|
|7 - 8|Notes to the accounts|
# **Wollaton Park Community Association Trustees’ annual report for the year ended 30 September 2021**
**Full name** Wollaton Park Community Association
**Organisation type** Charitable incorporated organisation
## **Registered charity number** 1168667
## **Principal address**
Wollaton Park Community Centre, Harrow Road, Nottingham, NG8 1FG
## **Trustees**
Nancy Briggs, Chair Sue Twyford Pauline Peck, Vice Chair Joan Rosalyn Clarke Jean Low, Treasurer Derek Shaw Miriam Pearman, Secretary William Clarke
## **Independent examiner**
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its CIO Association Constitution, adopted 08/08/16.
Trustees are elected or re-appointed at the AGM.
## **Objectives and activities**
- To promote the benefit of the inhabitants of the Wollaton Park area of Nottingham without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants;
- To establish, or secure the establishment of, a community centre and to maintain and manage the same (whether alone or in co-operation with any statutory authority or other person or body) in furtherance of the objects;
- To promote such other charitable purposes as may from time to time be determined.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
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## **Wollaton Park Community Association**
## **Summary of the main activities undertaken for the public benefit**
We hire out rooms to various groups for activities such as Tai Chi, Slimming World, Pilates, Songtime, Men’s and Ladies’ groups, to name but a few. We also ran a foodbank for several months during lockdown.
## **Summary of the main achievements during the period**
We still run a garden tidy on the first Friday in the month which is manned by volunteers from the local community.
We also ran the foodbank for the people in the area who were finding it difficult to manage.
We were unable to hold our usual Garden Party and Christmas Fair once again due to the restrictions.
## **Financial review**
We are still in a fairly reasonable position at the moment but lost a lot of income on not being able to hire out rooms due to the lockdown. We got some help from the government furlough scheme but we still had to cover the costs of gas, electricity and security.
## **The charity’s policy on reserves**
The operating reserve is intended to provide an internal source of funds for situations such as a sudden increase in expenses, one-time unbudgeted expenses, unanticipated loss of income or uninsured losses. The target minimum operating reserve is equal to six months of average operating costs. The maximum will be nine months operating costs and any amount retained above this will be reallocated as ‘opportunity reserve’.
- For the financial year ending September 2021, six months operating costs have been set at £34,000.
Specific reserves will be designated as decided by the Board of Trustees, where specific, one-off expenditure is identified as necessary within the next two years.
- Hall Floor reserve - £10,000 – we have been told this will need replacing in the next two years.
- Operating reserves may be used as necessary, however the Board must be informed if they are being used at the next available meeting. Specific and opportunity reserves may be used with the approval of the Board of Trustees. The policy is reviewed regularly.
Signed on behalf of the charity’s trustees:
Signed _____________________________________________ Date __________ Nancy Briggs, Trustee
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## **Independent examiner’s report to the trustees of Wollaton Park Community Association for the year ended 30 September 2021**
I report to the trustees on my examination of the accounts of Wollaton Park Community Association (the charity) for the year ended 30 September 2021.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and 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.
Signed _________________________ Date ______________________ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
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## **Wollaton Park Community Association Receipts & payments account for the year ended 30 September 2021**
|_2020_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
796
Activities income
112
10
Affiliations
-
177
Bank interest
15
-
Community Café sales
229
94
Coffee, photocopying & phone
-
78
Garden receipts
-
33589
Grants & donations
**2**
40605
17857
Room hire & car park
1455
-
Sundry receipts
18206
52601
**Total receipts**
**60622**
**Payments**
-
Activity classes
200
94
Bookkeeping
108
1077
Cleaning
(111)
-
Community Café costs
289
5001
Equipment, repairs & renewals
952
628
Events & activities expenditure
-
380
Freelance pay
72
1200
Honorarium
1250
630
Independent examination
-
1021
Insurance
1059
155
Licences
158
3247
Premises maintenance & security
652
133
Printing & stationery
69
263
Refreshments
9
-
Sundry payments
-
806
Telephone & postage
918
-
Training
7
2000
Utilities & rent
1278
17690
Wages, NI & pension
17942
34325
**Total payments**
**24852**
18276
**Net receipts/(payments)**
35770
53682
Cash funds at start of this period
47667
-
Transfers between funds
1421
71958
**Cash funds at end of this period**
**84858**|**_2021_**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
-
112
-
-
-
15
-
229
-
-
-
-
6446
47051
-
1455
-
18206
**6446**
**67068**
-
200
-
108
-
(111)
754
1043
1518
2470
-
-
-
72
-
1250
-
-
-
1059
-
158
4043
4695
-
69
3406
3415
50
50
-
918
-
7
-
1278
-
17942
**9771**
**34623**
(3325)
32445
24291
71958
(1421)
-
**19545**
**104403**|
|---|---|
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## **Wollaton Park Community Association Statement of assets and liabilities at 30 September 2021**
|_2020_|||**_2021_**|
|---|---|---|---|
|£|**Cash assets**|**Note**|**£**|
|71901|Bank accounts||104304|
|57|Cash in hand||99|
|71958|||**104403**|
||**Other monetary assets**|||
|663|Prepayments - insurance||688|
|663|||**688**|
||**Assets retained for the charity’s own use**|||
||General equipment.|||
||Kitchen appliances purchased December 2020, £949.|||
||Steam cleaning system purchased February 2020, £3,780.|||
||Storage units purchased September 2019, £8,056.|||
||Sound system purchased August 2019, £2,739.|||
||Hot water heater purchased February 2017, £1,178.|||
||**Liabilities**|||
|(583)|Creditors|**4**|(1281)|
|(583)|||**(1281)**|
These financial statements are accepted on behalf of the charity by:
Signed ___________________________________ Dated ___________ Jean Low, Trustee
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## **Wollaton Park Community Association Notes to the accounts for the year ended 30 September 2021**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|Arnold Clark
DEFRA
HMRC: Job retention scheme
Nottingham City Council
The National Lottery Community Fund
Sundry donations|**Unrestricted**
**£**
-
-
10526
22961
7118
-
**40605**|**Restricted**
**Total**
**£**
**£**
1000
1000
4657
4657
-
10526
-
22961
-
7118
789
789
**6446**
**47051**|
|---|---|---|
## **3. Funds analysis**
|**Restricted funds**
Community Café equipment
Foodbank
Garden Fund
Marjorie Kingsland Trust
**Unrestricted funds**
General fund
Hall floor reserve|**Opening**
**balance**
**£**
-
-
325
23966
**24291**
37667
10000
**47667**|**Receipts (Payments)**
**£**
**£**
1000
(754)
5446
(4025)
-
-
-
(4992)
**6446**
**(9771)**
60622
(24852)
-
-
**60622**
**(24852)**|**Transfers**
**£**
-
(1421)
-
-
**(1421)**
1421
-
**1421**|**Closing**
**balance**
**£**
246
-
325
18974|
|---|---|---|---|---|
|||||**19545**|
|||||74858
10000|
|||||**84858**|
The Marjorie Kingsland Fund. This was a bequest made by Mrs Kingsland, a former Trustee of the Centre, which was requested that at least a third of it be used for the upkeep of the garden and the rest to be spent on projects which the Trustees approved that could not be provided by the Council.
The transfer from the Foodbank fund to the General fund reflects a contribution to wages and room hire overheads.
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## **Wollaton Park Community Association**
## **4. Creditors**
|Independent examination
Utilities
Wages, NI & pension (HMRC)
Wages, NI & pension (NEST)|**£**
636
97
446
102|
|---|---|
||**1281**|
|||
## **5. Premises & staff**
The premises are provided by the local authority for a nominal rent of £10 per annum.
## **6. Trustees’ remuneration**
During the year, a total of £1,250 was paid to two trustees, for administrative work done for the charity.
## **7. Related party transactions**
During the year, Jason Pearman, who is the husband of Trustee Miriam Pearman was paid a total of £2,480 for supplying and fitting kitchen appliances and worktops.
## **8. Badminton clubs analysis**
|Thursday badminton
Friday badminton|**Opening**
**balance**
**£**
396
50
**446**|**Receipts (Payments)**
**Closing**
**balance**
**£**
**£**
**£**
-
-
396
-
-
50
**-**
**-**
**446**|
|---|---|---|
## **9. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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