2021-07-31-accounts

Registered number 04101387

Registered Charity number 1169623

Community Learning Network (CLN)

Report and Accounts

31 July 2021

Community Learning Network (CLN) Report and accounts for the year ended 31 July 2021

Contents	Page
Company information	1
Director/ Trustee's report	2
Accountants' (independent examiner) report	3
Income and expenditure account	4
Balance sheet	5
Notes to the accounts	6

Community Learning Network (CLN) Company Information

Director/ Trustee

Mr S M A Shah Mrs N Shah Mrs A Qureshi Mr A Raja Mr M Ali

Secretary

Mrs S Karim

Accountants

Imperial Accounting 57 Radford Road Hyson Green Nottingham NG7 5DR

Bankers

Bank of scotland 33 Old Broad Street London Branch PO Box. 1000 BX2 1LB

Registered correspondence office

57 Radford Road Hyson Green Nottingham Nottinghamshire NG7 5DR

Registered number 04101387

Registered Charity number

1169623

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Community Learning Network (CLN) Registered number: 04101387 Director's Report

The director presents his report and accounts for the year ended 31 July 2021.

Principal activities

The company's principal activity during the year continued to providing training & education, running a children play centre, providing community facilities and advice and support in welfare rights & debt management and for employment purposes.

Directors

The following persons served as directors during the year:

Mr S M A Shah ( Appointed on 26 Sept 2005)

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 21 March 2022 and signed on its behalf.

Mr S M A Shah

Director/ Trustee

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Community Learning Network (CLN) Accountants' Report

Accountants' report to the director of Community Learning Network (CLN)

You consider that the company is exempt from an audit for the year ended 31 July 2021. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Imperial Accounting Certified Public Accountants

57 Radford Road Hyson Green Nottingham NG7 5DR

21 March 2022

3

Community Learning Network (CLN) Income and Expenditure Account for the year ended 31 July 2021

Income 1a Expenditures on charitable activities Net income for the year Administrative expenses Other operating income Net movement in funds Net movement in funds Fund balance at 1 August 2020 Fund balance at 31 July 2021	2021 £ 12,641 - 12,641 (30,793) 22,051 3,899 3,899 73,282 77,181	2020 £ 84,386 (51,233)
		33,153 (21,185) 10,095
		22,063
		22,063 51,219
		73,282

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Community Learning Network (CLN) Registered number: 04101387 Balance Sheet as at 31 July 2021

Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 6 Net assets Income funds Unrestricted funds	2021 £ 640 139,773 32,748 172,521 (720) 171,801 172,441 (95,260) 77,181 77,181 77,181	2020 £ 781 79,046 32,597 111,643 (773) 110,870 111,651 (38,369) 73,282 73,282 73,282	2020 £ 781 79,046 32,597 111,643 (773) 110,870 111,651 (38,369) 73,282 73,282 73,282
			111,651 (38,369)
			73,282
			73,282
			73,282

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.

Mr S M A Shah

Director

Approved by the board on 21 March 2022

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Community Learning Network (CLN) Notes to the Accounts for the year ended 31 July 2021

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable and net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Fixtures and fittings (general pool)

18% reducing balance

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

1a Charitable activities - income

Grant received Covid-19 CJRS grant from hmrc Covid-19 grant from council Other income	Unrestricted £ - 12,323 9,729 12,641 34,693	Restricted £ - - - - -	2021 £ - 12,323 9,729 12,641 34,693	2020 £ 2,310 5,095 5,000 82,076
				94,481

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Community Learning Network (CLN) Notes to the Accounts for the year ended 31 July 2021

2 Employees Average number of persons employed 3 Tangible fixed assets Land and buildings £ Cost At 1 August 2020 - At 31 July 2021 - Depreciation At 1 August 2020 - Charge for the year - At 31 July 2021 - Net book value At 31 July 2021 - At 31 July 2020 - 4 Debtors Amounts owed by other training organisations 5 Creditors: amounts falling due within one year Wages and PAYE Other creditors (accountants fees) 6 Creditors: amounts falling due after one year Amounts owed by other training organisations Bank loans	Fixtures and fittings (general pool) £ 20,211 20,211 19,430 141 19,571 640 781	2021 Number 2 Motor vehicles £ - - - - - - - 2021 £ 139,773 2021 £ - 720 720 2021 £ 84,189 11,071 95,260	2020 Number 2
			Total £ 20,211
			20,211
			19,430 141
			19,571
			640
			781
			2020 £ 79,046
			2020 £ 53 720
			773
			2020 £ 26,869 11,500
			38,369

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Community Learning Network (CLN) Notes to the Accounts for the year ended 31 July 2021

7 Events after the reporting date

There were none applicable

8 Related party transactions

None

9 Controlling party

Director/ Trustees control the company/ charity

7 Winding up or dissolution of the charity

If the charity were to be dissolved or wound up the trustees would pass any net assets to similar organisations and deserving causes.

8 Unrestricted funds

Unrestricted funds are the net incoming resources available for the objects of the charity without specified purposes and are part of the general funds.

9 Restricted funds

Restricted funds are the net incoming resources available for a particular area or purpose stated by the donor and are allocated appropriately..

10 Other information

Community Learning Network (CLN) is a private company limited by guarantee and is incorporated in correspondence office is :

57 Radford Road Nottingham NG7 5DR

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