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