2022-01-31-accounts

	Page
Report ofthe Directors/Trustees
Independent Examiner's Statement
Statement of Financial Activities (Section A)
Balance Sheet (Section B)
Notes to the Accounts (Section C)	9-26

Registered	Office:	Gate Burton, Horns Lane,	Combe, OX29 BNH
Directors/Trustees:		Andrew Hobson	(Chairman)
		Clare Paterson	(Treasurer)
		Roger Purssell	(Secretary)
		Andrew Walker-Brown

					Unrestricted	Restricted		Prior year
					funds	income funds	Total funds	funds
					f	f	f
Income (Note 3)
Income and endowments			from:
Donations and legadas					25,736		25,736	79,564
Charitable activities					11,064		11,064	8,233
Other Iiadmg activities
Investmsnls
Other								169
Total					36,800		36,800	87,966
Expenditure (Note		5)
Expenditure on:
Raising funds
Charitable activities					7,490		7,490	4,175
Other					3,247		3,247	3,263
Total					10,737		10,737	.7,438
Net income/(expenditure)				before tax for the
reporting period					26,063		26,063	80,528
Tax payable
Net income/(expenditure)				after tax before
investment gains/(losses)					26,063		26,063	80,528
Net gains/(losses) on Investments
Net income/(expenditure)					26,063		26,063	80,528
Extraordinary items
Transfers between funds
Other recognised		gains/(losses):
Gains and losses on revaluation			offixed assets for Ihe chanty's
own use
Other galnsltlosses)
Net movementin	funds				26,063		26,063	80,528.0
Reconciliation of	funds:
Total funds brought fonvard					234,732		234,732	154,204
Total funds carried		forward			260,795		260,795	.234,732

					Unrestricted		Restricted
					funds		income funds	Total this year	Total last year
					6		6	6
Fixed assets
Intangible assets
Tangible assets				(Note 7)	291,006			291,006		281,005
Heritage assets
Investments
				Total fixed assets	291,006			291,006		.28'1,005
Current assets
Stocks
Debtors				(Note 8)	1,780			1,780		2,007
Investments
Cash at bank and	in hand			(Note 9)	28,561			28,561		23,599
			Total current assets		30,341			30,341		25,606
Creditors: amounts			falling
due within one year				(Note 10)	552			552		6,879
		Net current		assetsl(liabilities)	29,789			29,789		.18,727
Total		assets less current liabilities			20,79			320,795		299,732
Creditors: amounts			falling
due after one year				(Note 10)	60,000			60,000		65,000
Provisions for liabilities				(Note 11)
		Total net assets orliabilities			260,795			260,795		234r732
Funds ofthe	Charity
Restricted income	funds			(Note 13)
Unrestricted funds					260,795			260,795		234,732
Revaluation reserve
Fair value reserve
				Total funds	260,795	'		260,795	.	'234,732

Combe Community Hub Charit No Com an No	Combe Community Hub Charit No Com an No			1168702 09941513	1168702 09941513
Annual Accounts
CoTiibrlloI) Period start date 01.02.21	To Period eod date			31.01.22
Note 1 Basis ofpreparation
1.1 Basis ofaccounting
These accounts have been prepared under the	historical cost convention with items recognised				at cost
ortransaction value unless otherwise stated in	the relevant note(s) to these	accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting			and Reporting by
and with* Chadities preparing Reporting Standard	their accounts in accordance with the Financial applicable in the UK and Republic of Ireland (FRS102)
issued an 16July 2014
end with* the Financial Reporting Standard applicable in the United Republic ofIreland (FRS102)				Kingdom	and
and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102."
*-Tickas appropriate
1.2 Going concern
lfthere are material uncertainties related to	events orconditions that cast
significant doubt on the charity's ability to continue as agoing concern, please
provide the following details orstate "Not applicable", ifappropriate:
An explanation as to those factors that support	The Statement ofFinancial	Activities and the
the conclusion that the charity isa going	Balance Sheet demonstrate	the	charity isa		going
concern;	concern atthe year ended	31January 2022.
	Throughout the year the charily		has restarted
	activities paused in 2021-22due		to	the Covid-19
	pandemic and national lockdawns.			The charity has
	continued toimprove its main asset, the chapel
	building, utilising a rangeo	fgrants		awarded	to it.
Disclosure ofany uncertainties that make the	None other than any further impact from Covid or
going concern assumption doubfful;	any emerging impact from	therepidly rising			costof
	living.
Where accounts are not prepared on a going	Not applicable
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.

Combe	Community	Hub		Chari Com	No an	No	1168702 09941513
Annual	Accounts
Period start date 01.02.21			To		Period end date		31.01.22

(ii)the reasons why applying the	new accounting policy
provides more reliable and more	relevant information;
and
(iii) the amount ofthe adjustment	for each line affected
in lhe current period, each prior	period presented and
the aggregate amount ofthe adjustment relating to
periods before those presented,	3.44FRS102SORP.

1.4Changes to accounting		estimates
No changes to accounting	estimates have occurred		in the reporting	period (3.46FRS102SORP).
Yes No		' -Tick as appropriate
Please disclose:
(ijthe nature ofany changes;
(ii) the effectofthe change on		income and expense	or
assets and liabilities for the	current period; and
(iii) where practicable, the effectofthe change in one or
more future periods.

1.5Material prior year errors
No material rior ear error have been identified	in the reporting	period (3.47FRS102SORP).
Yes" v'
No* -Tickas appropriate
Please disclose:
(i) the nature ofthe prior period error;
(iij foreach prior period presentedin the accounts, the
amount ofthe correction for each account line item
affected; and
(iiij the amount ofthe correction at the beginning	ofthe
earliest prior period presentedin lhe accounts.

Note 2		Accounting policies
INCOME
Recognition	ofincome	These are included in the Statement ofFinancial Activities (SoFA) when:
		~ the chariiy becomes entitled tothe resources;
		~ it is more likely than not that the trustees will receive the resources;	Yes*	No*	Nla
		~ the monetary value can be measured with sufficient reliabiliiy.
Offsetting		There has been no offsetting ofassets and liabilities, or income and expenses, unless required or permibed by the FRS102SORP or FRS102.	Yes No* N/a CUBI
Grants and donations		Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10to5.12FRS102SORP).	Yes'	No	N/a*
		In the case ofperformance related grants, income must only be recognised tothe extent that the charity has provided the specified goods or services as entitlement tothe grant	Yes*	No	N/a
		only occurs when the performance related conditions are met (5.16FRS 102SORP).
Government	grants	The charity has received government grants in the reporting period	Yes No Nla" ZCCI
		Gift Aid receivable is included in income when there isa valid declaration from the donor.
Tax reclaims	on	Any Gift Aid amount recovered on a donation is considered to be part ofthat gift and is	Yes*	No'	Nla'
donations and gifts		treated as an addition to the same fund as the iniTial donation unless the donor orthe
		terms ofthe appeal have specified otherwise.
Contractual income and performance related		This is only included in the SoFA once the chariiy has provided the related goods or services or met the performance related condiTions.	Yes	No"	N/a*
grants
Supportcosts		The chariiy has incurred expenditure on support costs.	Yea NO Nla EZZZ
Volunteer help		The value ofany voluntary help received is not included in the accounts but is described in the trustees' annual report.	Yes No Nla CCCI
Income from royalties and	interest, dividends	This is included in the accounts when receipt ts probable and the amount receivable can be measured reliably.	Yes* No Nla ZCD
EXPENDITURE AND LIABILITIES
Liability recognition Governance and support costs		Support costs have been allocated between governance costs and other support Governance costs comprise ag costs involving public accountability ofthe charity and its Liabilities are recognised where itis more likely than not that there isa legal or constructive obligation committing the charily to pay out resources and the amount ofthe obligation can be measured with reasonable certainiy.	Yes No Nla' ECQ Yes* No" Nla'
		compliance with regulation and good pracgce.
		Support costs include central functions and have been allocated to activity cost
		categories on a basis consistent with the use ofresources, eg allocating properly costs	Yes*	No*	N/a"
		by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Creditors		The charity has creditors which are measured at settlement amounts less any trade discounts	Yes*	No*	Nla*

Note 2	Accounting policies
ASSETS
Tangible fixed assets for	These are capitalised ifthey	can be used for more than one year, and cost at	least		Et,500
use by charity				Yes"	No	N/s
	They are valued at cost.
	The depreciation rates and methods used are disclosed in note 14.
current asset investments	The charily has investments which it holds for resale or pending their sale and cash equivalents with a maturity date less than one year. These include cash and cash equivalents with a maturity ofless than one year held for investment rather than to meet short-term cash commitments as they fall due.		cash and on deposit purposes	Yes No N/a CQZ
	They are valued at fair value	except where they qualify as basic financial insWments.
POLICIES ADOPTED
ADDITIONAL TO OR	Building improvements undertaken which are intrinsic tothe fixed asset 'Land		and Property'	and its value	are capitalised at
DIFFERENT FROM	cost even ifbelow gt,500

Note 3			I	nco	m	e
														Restricted
					Analysis				ofincome				unrestdcted funds	income funds		Total funds	Prior year
																	6
Donations		Donations and				ifts							9,270			.9,270	46,806
and legacies:		Gift Aid
		Le acies
		General	grants		provided				by government			(Note 4)l
		other charities											16,042			16,042	32,653
		Membership		subscriptions					and	sponsorships
		which are in substance						donations
		Donated	goods,			facilities			and	services
		Other - fundraising											424			424		105
												Total	25,736			25,736	79,564
Charitable		Hire ofcha		el buildin									11,064			11,064	8,233
activities:
		Other
												Total	11,064			11,064	. 8,233
Other trading
activities:
		Other
												Total
Income from		Interestincome																169
investments:		Dividend	income
		Rental and		leasin			income
		Other
												Total					'	169
Separate
material	item
ofincome
												Total
Other:		Conversion		of	endowment				funds		into income
		Gain on	disposal			ofa tangible				fixed asset held for
		chari 's	own use
		Gain on	disposal			ofa programme					related
		investment
		Royalties	from		the		exploitation			of	intellectual
		ro e	ri	hts
		Other
												Total
TOTAL INCOME													36,800:		-	36,806	.87,966

Note 4 Analysi	s ofrec	eipts ofgovernment grants
				This year	Last year
		Description		6
Government grant 1		West Oxfordshire District Council ODC		13,042	26,653
Government grant 2		Combe Parish Council		3,000	6,000
Government grant 3
Other
			Total	16,042	32,653
		Combe Community Hub was awarded a Community
Please provide details ofany unfulfilled conditions and other		Facilities Grant ofP50,000 in July 2016.The grant became fully received in the year ended 31.01.21.
contingencies attaching to grants		The grant-aided building must remain accessible to the
that have been recognisedin	income.	public fora minimum term of15 ears.
Please give details ofother forms of government assistance from which		The grant funds of613,042 received from WODC year ended 31.01.22were discetionary grants to	in the
the charity has directly benefited.		provide assistance dudin the Covid-1 9pandemic.

Note 5		Expenditure
					Restricted
		Analysis ofexpenditure		Unrestricted funds	income funds	Totaifunds f	Pdior year f
Expenditure	on	Incurred seeking donations
raising funds:		Incurred seeking legacies
		Incurred seeking grants
		Operating membership	schemes and
		social lotteries
		Staging fundraising events
		Advertising, marketing,	direct mail and
		publicity
		Start up costs incurred	in generating
		new source offuture income
		Other trading activities
		Intellectual property licencing costs
		Rent collection, property repairs and
		maintenance charges
		Total expenditure on	raising funds
Expenditure	on	Communications and marketing						203
charitable activities		Depreciation
		Building improvements
		Utilities and rates		1,671		1,671		1,708
		Insurance		1,370		1,370		1,413
		Building maintenance		2,970		2,970		61
		Fixtures and fittings		1,664		1,664		751
		Other		185		185		39
		Total expenditure on	charitable
		activities		7,490		7,496		4,175
Separate material
item ofexpense
		Total
Other		Governance costs		18		18		13
		Loan interest payable		3,229		.3,229		3,250
		Total other expenditure		3,247		3,247	.	3,263
TOTAL EXPENDITURE				10,737		.10,737:		7,438

			Freehold	land	Other land ft	Plant,	Fixtures,	Total
			&buildings		buildings	machinery	fittings and
						and motor	equipment
						vehicles
At the beginning the year		of	281,005					281,005
Additions			10,001					10,001
Revaluations
Disposals
Transfers *
At end ofthe	year		291,006					291,006
7.2Depreciation		and	impairments
		Basis	Reducing		SLor RB	SLor RB	SLor RB	SLor RB	Straight Line
			balance	(RB)					("SL")or
									Reducing
									Balance
									("RB")
		Rate	0%
At beginning	ofthe
year
Disposals
Depreciation
Impairment
Transfers*
At end ofthe	year

Note 7	T	angible fixed a	ssets
7.4 Impairment
Please provide	a description ofthe events		and
circumstances	that led to	the recognition	or	Not applicable
reversal ofan	impairment	loss.

Trade debtors
Prepayments	and accrued income
Other debtors

	This		year	Last year f	Last year f
			60		865
			1,720		1,142
Total		.	1;760	'	2,007

8.2 Disclosu	re ofdebtors recoverable in more tha	n 1year (included in de	btors above)
			This year f	Lastyear f
Trade debtors
Prepayments	and accrued income
Other debtors
		Total

Note	9 Cash at bank and	in hand
					This year	Last year
Short	term cash investments	(less than 3months	maturity	date)
Short	term deposits
Cash	at bank and on hand				28,561	23,599
Other
Total					.28,561	.23,599

			Amounts	falling due	Amounts	falling due after	falling due after
			within one year		more	than	one year
			This year 6	Last year	This year		Last year f
Accruals	for grants payable
Bank loans and overdraffs
Trade creditors			41	5,743
Payments	received on	account for contracts
or performance-related		grants
Accruals	and deferred	income	511	1,136
Taxation	and social security
Other creditors					60,000		65,000
		Total	552	6,879	60,000		65,000