# **Mount Community Association (CIO)** ## **1171474** # **Financial Statement** # **For the 12 month period ended 31 December 2020** **Contents Page** Legal and Administrative Information 2 Trustees’ Report 3-4 Receipts and Payments 5 Balance Sheet 6 OFFICIAL ## **Legal and Administrative Information** |**Name:**|Mount Community Association (CIO)|Mount Community Association (CIO)| |---|---|---| |**Charity No:**|1171474|| |**Principal Address:**|Thomas Street|| ||Eighton Banks|| ||GATESHEAD|| ||Tyne & Wear|| ||NE9 7YB|| |**Trustees:**|Neil Parnell (Secretary)|| ||Claire Parnell|| ||David Woolley|| ||Lucy Woolley|| ||Tracey Simpson|| ||Ronan Kenny|| ||Diana Kenny|| ||Karen McBryde|| ||Lisa Johnson|| |**Bankers:**|Lloyds Bank|| ||PO Box 1000|| ||Andover|| ||BX1 1LT|| Page of 2 8 Registered Charity No 1171474 OFFICIAL ## **Trustees Annual Report** ## **Objectives and Activities** To further or benefit the residents of Gateshead 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. ## **Summary of Main activities** Provides social and educational facilities for the local area in the form of regular classes in yoga and dancing, coffee mornings, party nights and a community garden. A monthly club for parents and young children is also held at the hall. The hall and garden are available to members of the community to hire for private parties and events, and the garden is open to all to relax, enjoy and get involved in. ## **Activities and Achievements** The early part of 2020 built on the success of 2019 and saw events flourish, with a number of regular events continuing, including yoga, sugarcraft, puppy school (using the community garden) and movie nights. We also had some new events including trial classes with the Workers Educational Alliance and a sell-out Cheese and Wine Night. Closure due to coronavirus restrictions during March meant that the hall was closed for the remainder of 2020. However, as we are lucky enough to have the community garden surrounding the hall, we decided to make use of this as much as possible for activities bringing the community together, as restrictions permitted. At the start of April, we had taken delivery of around 150 trees donated by the Woodland Trust for our garden, and planned a volunteering event with local residents and supported by staff from Co-op. As this was unable to take place, we instead remotely organised single family treeplanting sessions, which allowed us to still plant the trees, and also demonstrated to us we were capable of continuing to provide a valuable resource during lockdown. Throughout the summer period, the garden received increased attention from passers-by and we raised funds to continue to develop it through personal donations and small grants from the Rank Foundation, RWE Renewables, Lamesley Ward Local Community Fund and from Liz Twist MP, who also visited events at the garden to enjoy the space. The garden itself was well used without any events, as a place to relax, play games, meet friends in a socially distanced and safe place and also volunteer. During this time we also installed some more fencing, completed the pond and started preparatory work on some other project areas including composting facility and adding more benches. Over the summer holiday period, Gateshead Council used the field to deliver their free daily #BrightentheDay activity sessions which were well attended, often with 10-20 local children, who benefited from the sports offered, socialising with their friends and free packed lunches. Page of 3 8 Registered Charity No 1171474 OFFICIAL Later in the year, as restrictions eased, we started to hold socially distanced community events, which included an installation of poppies and ‘Tommy’ figure, with small coffee morning. Our biggest event was a visit from Santa himself, who’s sleigh arrived with our big Christmas light switch on (supported with funding from Gateshead Council), and local children were lucky enough to be able to book a time slot to come to the field to meet with him at a safe distance! We also continued work moving towards our long-term goal of refurbishment of the hall, and this year received planning permission for the proposed works from Gateshead Council. We have since worked up and refined the detailed design with our architect and progressed further some of the investigative work to allow us to reach a point where we could put the full works out to tender to establish a project budget. 2020 has been a challenging year for The Mount during lockdown, but we have enjoyed being able to continue to provide an important place for the community during this time, to exercise, volunteer, meet and relax in the garden. The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided by the range of activities as described above. ## **Reserves Policy:** It is the policy of the charity to try to build up unrestricted funds, which are free reserves of the charity, to a level that equates to approximately 3 months unrestricted expenditure. This will provide sufficient funds to cover management and administration support costs and any emergencies that may arise from time to time. ## **Statement of Trustees’ Responsibilities** The Trustees are responsible for preparing the Annual Report and financial statements in accordance with applicable Charity Law and United Kingdom Generally Accepted Accounting Practice. Charity Law requires the Trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the Trustees are required to: - Select suitable accounting policies and then apply them consistently; - Make judgements and estimates that are reasonable and prudent; - Comply with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page of 4 8 Registered Charity No 1171474 OFFICIAL Legislation in the United Kingdom goveming the p￿paratIOn and dissemination of financial ststements may differ from legislation in other jurisdictions. Signed on behalf of Trust Signature..... ..Date....... Page5of8 Registered Chanty No 1171474 OFFDAL **Receipts and Payments For the 12 month period ending 31 December 2020** ||**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
15977.50
3400.00
399.45
150.43
1187.50
0
0
7.00|**_Total_**
**_Funds_**
**_£_**
_19377.50_
_399.45_
_150.43_
_1187.50_
_0_
_0_
_7.00_| |---|---|---| |||| |**Receipts**
Grants and Donations – Note 1
Entry and Events
Refreshments/Food
Hire of Hall & Facilities
Raffles
Bank Interest
Other
**Total Receipts**||| ||**17721.88**
**3400.00**|**_21121.88_**| |||| |||| |**Payments**
Utilities & Insurance
Cleaning Materials
Refreshment Area Expenses
Events
Equipment/Refurbishment/Repairs
Security Equipment and
Maintenance
Licences
Telephone/Postage
Stationery & Advertising/Printing
Rent
Restricted Project Costs – Note 2
Other
**Total Payments**||_2766.40_
_99.30_
_175.81_
_496.92_
_1939.63_
_25.58_
_94.00_
_0_
_0_
_5.00_
_6678.40_
_19.32_| ||2766.40
99.30
175.81
496.92
1939.63
25.58
94.00
0
0
5.00|| ||6678.40|| ||19.32|| ||**5621.96**
**6678.40**|**_12300.36_**| |||| Page of 6 8 Registered Charity No 1171474 OFFICIAL ## **Notes** 1. The grants received during period: ## Restricted Funds - **Feb £2000** – Gateshead Thrive Fund at the Community Foundation serving Tyne & Wear and Northumberland - **Feb £1000** – AkzoNobel International Paint at the Community Foundation Tyne & Wear and Northumberland - **Apr £400** – Warburtons Covid-19 Support ## Unrestricted Funds - **Apr £10000** – Gateshead Council Covid-19 support - **July £250** – Rank Foundation - **Aug £500** – Liz Twist MP - **Oct £500** – RWE Renewables UK Ltd - **Dec £500** – Lamesley Ward Local Community Fund - **Dec £2968.50** – Gateshead Council Covid-19 Support - **Dec £934** – Gateshead Council Covid-19 Support 2. Restricted project costs spent during period: - £6678.40 on geotechnical engineers, architectural fees, gardening equipment, materials, fencing materials, a contactless payment system and tablet Page of 7 8 Registered Charity No 1171474 OFFICIAL Balance Sheet as at 31 December 2020 Unrestricted Restrict Funds Funds Funds Cash Funds Balancè atyearend 31/12n9 CurrentAccounl 148727 3278.40 4765.67 Pety Ca 1113. 1173.68 Total Cash Funds 2600.95 3278A(1 ;, 5879.35 17721.88 3400.C 27121.88 2020 payments 5621. 6678.40 123CQ.36 Surplusl{Deficit) on the year 12099.92 {3278.40) 8821.52 Balancé atyearend 37/12r20 14030.87 14030.87 Pety Ca 670.CQ 670. Total Cash Funds 1470￿87 14700. N4L fvfthJ&LL Page8of8 Registered Charity No 1171474 OFFICIAL