Queen’s Walk Community Association CIO (Registered charity, number 1171472) Financial statements for the year ended 31 March 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 |
Queen’s Walk Community Association CIO Trustees’ annual report for the year ended 31 March 2021
Full name Queen’s Walk Community Association CIO
Other names by which the charity is known QWCA
Organisation type Charitable incorporated organisation
Registered charity number 1171472
Principal address
Queens Walk, The Meadows, Nottingham, NG2 2DF
Trustees
William Stewart, Chair Nisha Sandhu, Vice-Chair Carol Mellis, Secretary Martyn Neal, Treasurer Mary Daly
Jeremiah W. Joseph Karl White Karen Warner Wasim Amin
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 6[th] February 2017.
Overall management of the charity is the responsibility of the trustees who are usually appointed at our annual general meeting; alternatively, they can be co-opted at our monthly meetings.
Objectives and activities
To further or benefit the residents of The Meadows area of Nottingham and the neighbourhood, without distinction of sex, sexual orientation, race or of political religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents. In furtherance of these objects but not otherwise, the Trustees shall have power: to establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects.
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Queen’s Walk Community Association CIO
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'.
Summary of the main activities undertaken for the public benefit
The centre was closed due to Covid-19, the only people we had in were the Meadows Advice Group and Nottingham Energy Partnership (NEP) and after a while the Nottingham College, ESOL and sewing classes returned. The coffee bar is not functioning presently. No fundraising events or public meetings took place this year, since Covid-19 began.
Summary of the main achievements during the period
Very difficult because of Covid-19 but we managed to keep the centre open for essential services throughout including education, welfare advice and energy support.
Thanks for support from Marc Petrucci, Dawn Lynch, Vicky Richardson and all the workers during a very difficult year.
Financial review
We have operated at a deficit this year because of Covid-19. We have done this in a planned way to avoid closing the centre completely.
The main risk for the future is of Sheriff Social Club not returning to pre-Covid-19 income levels and our other centre users not returning.
The charity’s policy on reserves
We have no specific policy on reserves; however, we like to retain a minimum of £25,000.
Signed on behalf of the charity’s trustees:
Signed ______ Date _ William Stewart, Trustee
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Independent examiner’s report to the trustees of Queen’s Walk Community Association CIO for the year ended 31 March 2021
I report to the trustees on my examination of the accounts of Queen’s Walk Community Association CIO (the charity) for the year ended 31 March 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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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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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Queen’s Walk Community Association CIO Receipts & payments account for the year ended 31 March 2021
| 2020 Total Unrestricted Funds Funds £ Note £ Receipts 10139 Grants & donations 2 100 350 Membership - 149 Sales & fees 6 67766 Rents & services 26208 78404 Total receipts 26314 Payments 1600 Activities & trips - - Bank charges 939 2365 Cleaning 884 6713 Equipment, repairs & renewals 3057 50 Fundraising & publicity - - Grants/Donations paid 225 110 Hospitality/Refreshments 166 540 Independent examination 552 701 Insurance 738 706 IT 254 1521 Legal & professional 320 570 Payroll service 485 4285 Premises maintenance 172 705 Printing & stationery 147 34 Staff expenses 27 11 Sundry payments 24 1113 Telephone & postage 349 24528 Utilities 9034 165 Volunteer expenses 14 30284 Wages, NI & pension 30352 76001 Total payments 47739 2403 Net receipts/(payments) (21425) 96556 Cash funds at start of this period 98959 98959 Cash funds at end of this period 77534 |
2021 Restricted Total Funds Funds £ £ 5992 6092 - - - 6 - 26208 5992 32306 - - - 939 - 884 - 3057 - - - 225 - 166 - 552 - 738 - 254 - 320 - 485 - 172 - 147 - 27 - 24 - 349 5992 15026 - 14 - 30352 5992 53731 - (21425) - 98959 - 77534 |
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Queen’s Walk Community Association CIO Statement of assets and liabilities at 31 March 2021
| 2020 £ Cash assets Note 98820 Bank accounts 139 Cash in hand 98959 Other monetary assets 4376 Debtors & prepayments 4 4376 Assets retained for the charity’s own use General equipment. Office chair, purchased January 2021, cost £550. Security cameras, purchased October 2019, cost £744. CCTV system, purchased October 2018, cost £2,688. Bicycle shelter, purchased July 2017, cost £2,201. Liabilities (4034) Creditors 5 (4034) |
2021 £ 77440 94 |
|---|---|
| 77534 | |
| 8074 | |
| 8074 | |
| (1334) | |
| (1334) |
These financial statements are accepted on behalf of the charity by:
Signed _____ Dated _____ Mary Daly, Trustee
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Queen’s Walk Community Association CIO Notes to the accounts for the year ended 31 March 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
| Nottingham City Council Funds analysis Restricted funds Block fund Unrestricted funds General fund |
Opening balance £ - - 98959 98959 |
Unrestricted £ 100 100 Receipts (Payments) £ £ 5992 (5992) 5992 (5992) 26314 (47739) 26314 (47739) |
Restricted £ 5992 5992 Closing balance £ - - 77534 77534 |
Total £ 6092 |
|---|---|---|---|---|
| 6092 | ||||
3. Funds analysis
The Block fund is funding received from Nottingham City Council and is restricted for the running costs of the building.
4. Debtors & prepayments
| Rents & services Insurance Legal & professional |
£ 7613 330 131 |
|---|---|
| 8074 |
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Queen’s Walk Community Association CIO
5. Creditors
| Payroll service Telephone & postage Wages, NI & pension Utilities |
£ 133 70 70 1061 |
|---|---|
| 1334 |
6. Premises & staff
The premises are provided by the local authority.
7. Support in kind
Nottingham City Council are paying the Independent Examination fee of £460 + VAT for year ended 31 March 2021.
8. Trustees’ remuneration
Trustees received no expenses, remuneration or benefits in this period.
9. Related party transactions
There were no related party transactions during the period.
10. Glossary of terms
Creditors: These are amounts owed by the charity, but not paid during the accounting period.
Debtors: These are amounts owed to the charity, but not received in 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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