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2021-07-31-accounts

Additional det ails ofobjective s and activities (Optional
information)
This year the FoWC only had to invest
in minimum
equipment
for
the
volunteers
as existing equipment
continued
to perform
well with no
major
breakdowns.
These are put to good use in cutting
the paths through
overgrown
woods, maintaining
the grass paths for walkers
and general
maintenance.
The work over the Common
has been undertaken
by unpaid
volunteers
who have freely donated
their time for the benefit
ofthe public. Without
the volunteers,
the excellent progress
which has
been made this year
would
not have happened.
The FoWC would
like to publicly thank the following:
~
the landowners,
the Bentall family, who have
been very
accommodating
and supporting.
~
The Threadgold
family for their support
and
~
The Gossip ofGreat Wakering
and Waitrose for their financial
support
by making
donations
to the FoWC
~ ~ r
~
~
~
e
Summary
ofthe main
achievements
ofthe charity
during the year
During
its 4th full year, the FoWC have continued
to exceed the initial
plans and the Common
has seen many new members
ofthe public
visiting
and enjoying
what
it has to offer, including
but not limited to,
healthy exercise, acting as a community
meeting
place, vehicle to
volunteer
and participate
in a local project, and even wild fruit and
blackberry
picking
in the summer.
The spring
cutting ofthe grass and clearing of nettles was delayed
due to
very wet weather.
Although
it was not possible to
arrange
working
parties
in spring
/ summer
due to Covid, the trustees
and
a few members
continued
to maintain
the Common.
The increase ofvisitors
/ users ofthe Common was welcomed
but
it did
cause additional
problems,
mainly of litter. The FoWC paid for a bin to be
placed at the entrance
and this is maintained
and
emptied
by volunteers.
During the year the FoWC have:
~
cleared and reclaimed
several paths on the Common
~
wood chipped wooded paths
~
purchased
additional
equipment
~
paid for the Common to have its summer grass cut
~
maintained
grass paths.
~
installed
signage.
~
Installed
a bin
The Common
is now officially part ofthe National
Trust's
England
Coast
Path National
Trail.
The trustees
intend to spend the money raised on the Common
The trustees
intend to spend the money raised on the Common
whilst
Brief statement
ofthe
saving to purchase
additional
and better equipment.
charity's
policy on reserves
Prudence
dictates that a reserve
will always be held to cover
the
forthcoming
years fixed overheads
such as liability insurance,
running
costs and the repair and replacement
ofequipment.
At the
ear end the reserves stood at F8,822 2020f7,716
Details ofany funds
in deficit
materially None
Further financial
review details
(Optional
information)
You may choose to
additional
information,
include
where
The membership
ofthe FoWC at year end stood at 132paid
(141 in 2020), contributing
f660 in membership
fees.
up members
relevant
about:
~
the charity's
principal
sources offunds
(including
Donations
received were f2,794 (after gift aid reclaim) ofwhich E1,085
was from members
and individuals
and f634 in total donated
by Gossip
ofGreat Wakering
and Waitrose. The FoWC would
like to thank them for
any fundraising); their financial
support.
~
how expenditure
has
supported
the key objectives
ofthe charity;
~
investment
policy and
Itwas not possible to fund raise this year as the spring
/ summer
months
were curtailed
by Covid-19 restrictions.
However the total income for the
period ofE2,794 (2020 E4,919).
objectives
including
any
ethical investment
policy
All expenditure
related to the costs of maintaining
and improving
Common.
of the
adopted.
All cash is held at the HSBC and is not currentl
invested.
a
~
~
-
~ ~
~
~
~
~

Incoming resources Unrestricted Funds
Income and endowments f'rom: 2021 2020
Donations
and legacies
Other trading activities
E2,794 f4,846
EO f73
Resources expended Total f2,794 f4,919
Expenditure
on:
Raising funds
Charitable
activities
Total EO
f1,689
f1,689
EO
E2,035
E2,035
Net income/(expenditure)
before
Net gains/{losses)
on investments
investment gains/(losses) E1,105 E2,884
Net income/(expenditure)
Net movement
in funds
EO
E1,105
fO
E2,884
E1,105 E2,884
Reconciliation offunds:
Total funds brought forward
Total funds carried forward
f7,717 E4,832
E8,822 E7,717
Fixed Assets Balance Sheet as at31July 2021
Tangible assets
Current assets
Total fixed assets f154
f154
f630
E630
Debtors
Cash at bank and in hand E415 E286
Total current assets E8,655
E9,070
E6,800
E7,086
Creditors: amounts
falling
due within one year
Net current assets/(liabilities)
E402
E8,668
fO
E7,086
Total assets less current liabilities f8,822 f7,716
Creditors: amounts
falling
due after one year
Total net assets
or liabilities fO
E8,822
fO
f7,716
Funds ofthe Charity
Endowment
funds
Restricted income funds fO fO
Unrestricted
funds
EO fO
Revaluation
reserve
f8,822
E7,716
Total funds EO
EO
E8,822
E7,716

Note 3- income
Membership
fees
Donations - Individuals
Gift Aid reclaimed
Donations - Corporate
Disposal ofAssets
2021
f660
f1,085
f415
f634
fO
2020
f705
f941
f307
f2,893
f73
Note 4 - Expenditure f2,794 f4,919
Church Willow Bridge
Entrance rubbish
bin and bags
f212
f117
fO
fO
Petrol f37 fO
Room Hire re AGM
Consumables
and repairs
Merchant charges
fO
f84
f13
f20
f135
f10
Public Liability Insurance f99 f99
Flower bulbs (refund)
Signage
(f4)
f141
f432
f103
Annual
Grass Cut
f350 f350
Depreciation f640 f886
f1,689 f2,035

STHIL
Strimrner
Purchased
Disposals
2
f164
Depreciation fO
At end ofthe year
Net book value at beginning ofthe year
Net book value at end ofthe year
E10
f154
EO
f154
McCulloch Mountfield Einhell STHIL
Field Mower Mower Strimrner
Purchased
Disposals
Depreciation
At end ofthe year
Net book value at beginning
Net book value at end ofthe
ofthe year
year
Trimmer 2
fO
EO
f157
EO
f157
fO
EO
fO
f193
EO
E193
fO
EO
fO
EO
E197
fO
f197
fO
EO
E83
fO
E83
fO
1
Total net book value ofAssets f154

Gift aid tax claim
E415 E286
f415 f286
Note 7 Cash at bank and in hand 2021 2020
HSBC
Cash in hand / unbanked
PayPal
f8,375
f280
EO
E6,617
f110
f73
Note 8Creditors and accruals E8,655 E6,800
Annual
Grass Cut
Refund ofexpenditure
paid by Trustee f350
E52
fO
EO
E402 EO