Alvescot Village Association AGM, 25 January 2021 Charity number 1177350
Treasurer’s Report for 2020
There were highs and lows for AVA during its third year as a charity. The existing five trustees were joined by two further independent trustees and all were active throughout the year. This was in spite of the difficulties resulting from the ongoing COVID19 pandemic. The first two meetings made the usual fundraising plans but these events could not be held.
However enthusiasm was not daunted and AVA continued to have an important presence within the village. Four online meetings not only enabled the smooth running of the charity but also increased its reach and accessibility with the setting up of a new website and Facebook page. The two socially distanced village events; a tennis tournament and a scarecrow competition were popular providing some enjoyable relief from virus restrictions and also raised much needed funds. AVA applied for and was awarded a grant from Bampton Charity Shop of £650 for new equipment. The Alvescot Charities made a very welcome and surprise grant of £1000 so that AVA could continue to carry out its objectives in such a difficult year. The village pub, The Plough made generous donations from its takeaway meals during the first lockdown. Another village supporter made a donation from an online pampering session. AVA is very grateful to all who have supported it in 2020.
Following the disappointment at the loss of the main fundraising events the trustees were fearful that income would be very much reduced and allowing for ongoing running costs that they would not be able to support applications for grants in 2020. However the accounts show that as a result of the enthusiasm, support and continued hard work of the trustees, community spirit and generosity of village organisations and villagers this was greatly alleviated. Three village organisations applied for grants which were awarded leaving a slightly increased remaining AVA bank balance carried forward because of the uncertainty of 2021.
Income was £4828.60 ( 2019: £5785.35. Fundraising was £415.00 ( 2019: £5785.35 ). Grants received were £1650.00 (2019: 0.00) and donations were £2763.00 (2019: £10.00 for fete).
Expenses were £1301.77 (2019: £2110.76) . Insurance was £330.39 (2019:339.04), equipment £811.01 (2019:£238.57 within fete) and the website set up costs £16.98 with donated time.
| The trustees agreed to award grants totalling £2932.65 (2019: £4000.00) as follows. | The trustees agreed to award grants totalling £2932.65 (2019: £4000.00) as follows. |
|---|---|
| Alvescot Playing Field (Alvescot Parish Council) | £ 932.65 |
| St Peter’s Church | £ 1000.00 |
| St Peter’s School | £ 1000.00 |
The trustees decided that the remaining balance of £1373.50 ( 2019: £779.32 ) in the bank account was in the current difficult circumstances an appropriate level of reserves for insurance, any equipment required and fund raising expenses. AVA does not have a reserves policy.
Jayne Lewin
AVA treasurer 25 January 2021
CHARITY COMMISSION FOR ENGLAND AND WALES Alves¢otvtllag8 Assoclatlon 1177350 Receipts and payments accounts CC16a For the period from 01-Jan-20 31-Dec-20 Section A Receipts and payments UnrÈ$tricted fund$ 10 the nearest Restricted funds Endowrnent funds Total lund6 Last year tothe nearest£ ts>the noarost£ tothè ThÈ&$t£ tothe neare6t £ A1 ReGeipts FU[5181[ 415 2,764 1,650 415 2.764 1,65Q 5.785 Grants Sub total(Gll income for AR) 4,829 829 5.785 A2 Asset and Investment 5alÈs, Isee table). Sub total Total eIpts 4,829 S.785 A3Pa ments 118 2,933 Grant8 EquiprDent Admin ItLduding insutal 2.933 40rAI 373 373 Sub totsl 4235 4,235 6.tll A4 Asset and investsnent urchases, (see tsblel Sub total 4,235 4235 N•t ofrecelptsl(paymentsJ A5 Transfers betsveen funds A6 Cash funds last yea¥ end Cash funds this year end 779 779 1,373 1,105 779 1,373 CCXX R1 atcounls ISSI 25110Q021
Section B Statement of assets and liabilities at the end of the period Unrestricted lunds to rteBrest£ Restricted funds to nea¥est£ Endowrnent funds nearest£ B1 Cash fvnds Y,373 Total cash funds 1,373 i¥ii Unrestricted funds lo areStE RestriGled funds Ed¢)Went funds to n@srgst £ rost£ PewrAsh 21 Fund t¢ whleh 5S¢t belon Current Costloptiona¥J B3 Investment as8ei8 Fund towhi Curréntvaluè B4 Assets rÈtained for the charity's own use Ev8nttwts and webD5 Othei nM$tdlaneiJugevent ÈouipmÈnt Fund lo whlch When duo ion81 85 Liabilitses Signed by one or tsvo Imstees o beh8lf of all the trustees Date of roval Signature Print Name . F. LeL•a i CCXX R2 accounts ISSI 2511012021