REGISTERED CHARITY NUMBER: 1182950
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021
FOR
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
Lang Bennetts Audit Limited The Old Carriage Works Moresk Road TRURO Cornwall TR1 1DG
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 16 |
| Detailed Statement of Financial Activities | 17 to 18 |
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021
The trustees present their report with the financial statements of the charity for the year ended 31 July 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Our Aims and Objectives
To promote for the benefit of the inhabitants of Cornwall and the surrounding area, the provision of facilities for recreation or other leisure time occupation, in particular but not exclusively skateboarding and BMX biking for individuals who have need of such facilities by reason of their youth, age or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants
The skatepark was started in 1986 and is one of the longest-running indoor parks in the UK and is the largest indoor facility in the South West. It is housed in a purpose-built warehouse of approximately 24,000 square feet and is split into different sections: Street and Transition, the ‘Black Pool’, the Bowl, the Rhythm section, the Vert Ramp and the Mini Ramp. The outdoor facilities comprise an outdoor concrete plaza and pump track, making us an all-weather facility.
The main activities are:
- the provision of supervised sports activity sessions for young people, schools, clubs and the local community
• the provision of skateboard tuition to young people, schools, clubs and the local community
• the provision of a café and social area
Our staff are recognised as a valuable asset being experienced, highly skilled and proactive in delivering training and managing the facility.
We also promote events and competitions throughout the year and have a small bank of dedicated volunteers who assist with the set up and supervision. They also assist with activity supervision and have participated in external competitions as supervisors and minibus drivers.
The trustees follow and keep up to date with all guidance issued by the Charities Commission on public benefit.
Our Achievements and Performance
The ongoing COVID pandemic has presented us with another difficult year, with enforced closures during November 2020 and January to April 2021. We utilised this downtime as an opportunity to review our fire and health & safety systems and consequently undertook major upgrade work. A new internal lighting system was installed, along with upgraded emergency backup lighting and a new fire alarm system. We also conducted an electrical survey and rewired several areas of the building. Time was also spent landscaping the external areas of the facility with new fencing, relevelling of our car park and the creation of a small picnic area for fair weather use. The site is in excellent condition for all our users to enjoy safely.
Our monthly girls night continues to be a great success with riders of all ages attending, 4 years up to 50 years. We are now considering making this a fortnightly event due to such positive feedback. We also introduced a monthly BMX only session which has proved to be very popular with our local community.
When operational our regular sessions were well attended. Weekend afternoons were the most popular followed by weekday evenings. Our user group were very pleased to be back on the ramps and enjoying their chosen pursuit.
Financial Review
As at the 31st July 2021, the net current assets of the MHYCG were £49,353. Given the substantial expenditure on major safety upgrades throughout the year, the trustees are satisfied with the current financial position. The trustees always seek to achieve value for money in all transactions. The skatepark also benefits from a substantial solar PV array which generates ‘Feed In Tariff’ income plus very low energy costs.
It is the policy of the MHYCG to maintain sufficient unrestricted funds to enable the skatepark to meet day to day running costs for a 3 month period.
Page 1
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021
Income Comparison
Page 2
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021
Principal Risks and Mitigation
Safeguarding
• The Trustees follow the Charities Commission guidance ‘Safeguarding and protecting people for charities and trustees’.
• The Chair of Trustees is the Designated Safeguarding Lead, having many years of experience in youth work. She provides in-house training to staff on a regular basis.
-
All staff, trustees and volunteers are DBS checked.
-
The facilities are maintained in accordance with H & S regulations.
Financial
• Income: footfall is monitored and has picked up post-Covid. There is a continuing programme of ongoing maintenance and planned investment in the facility to maintain its high profile status and attract greater numbers.
• Cash: the Trustees’ policy is to maintain cash reserves to cover a 3 month operating period.
- Internal Controls: include monthly reporting to trustees
Structure, Governance and Management
MHYCG is a Charity Incorporated Organisation (since April 2019) and is governed by a constitution.
Potential trustees may either be recommended or present an application themselves. Applicant trustees must be voted in by a majority vote of the existing board.
There are 10 trustees in office, drawn from varying backgrounds, who bring a wide range of expertise to the board including governance, health & safety, IT, safeguarding and finance skills.
The operational staff comprise of the general manager supported by skateboarding coaches, finance, administrative, youth/outreach, premises and catering staff.
Page 3
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1182950
Principal address Mount Hawke Skatepark Gover Waterworks Mount Hawke TRURO TR4 8BQ
Trustees
S Bentley (resigned 31/7/2021) C R F Bracefield (resigned 31/12/2020) Ms N Rigby (resigned 31/12/2020) Miss C Arymar S Burton G Robinson K Brack (appointed 16/12/2020) V E Luckwell M Andrews (resigned 31/10/2020) Ms A Andrews (appointed 21/6/2021) M Shilton (appointed 21/6/2021) P Clemence (appointed 1/4/2022) P Wallwork (appointed 1/2/2022) E Clemence (appointed 3/5/2022)
Independent Examiner
Jonathan Mashen FCA Lang Bennetts Audit Limited The Old Carriage Works Moresk Road TRURO Cornwall TR1 1DG
Declaration
Approved by order of the board of trustees on 31/05/22 and signed on its behalf by:
........................................................................ Miss C Arymar - Trustee
Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MOUNT HAWKE YOUTH AND COMMUNITY GROUP
Independent examiner's report to the trustees of Mount Hawke Youth and Community Group
I report to the charity trustees on my examination of the accounts of Mount Hawke Youth and Community Group (the Trust) for the year ended 31 July 2021.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of FCA which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
Jonathan Mashen FCA Lang Bennetts Audit Limited The Old Carriage Works Moresk Road TRURO Cornwall TR1 1DG
Date: 31 May 2022
Page 5
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Charitable activities 4 Skate Park Other trading activities 3 Other income Total EXPENDITURE ON Raising funds 5 Charitable activities 6 Skate Park Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 93,204 137,003 50,663 3,552 284,422 26,905 312,823 339,728 (55,306) 518,859 463,553 |
Restricted funds £ 1,538 - - - 1,538 - 42,084 42,084 (40,546) 170,001 129,455 |
2021 Total funds £ 94,742 137,003 50,663 3,552 285,960 26,905 354,907 381,812 (95,852) 688,860 593,008 |
2020 Total funds £ 812,729 203,416 69,713 - |
|---|---|---|---|---|
| 1,085,858 41,817 355,181 |
||||
| 396,998 | ||||
| 688,860 - |
||||
| 688,860 |
The notes form part of these financial statements
Page 6
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
| BALANCE SHEET 31 JULY 2021 Unrestricted funds Notes £ FIXED ASSETS Tangible assets 12 414,199 CURRENT ASSETS Stocks 13 1,672 Debtors 14 8,353 Cash at bank and in hand 60,646 70,671 CREDITORS Amounts falling due within one year 15 (21,318) NET CURRENT ASSETS 49,353 TOTAL ASSETS LESS CURRENT LIABILITIES 463,552 NET ASSETS 463,552 FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 129,456 - - - - - - 129,456 129,456 |
2021 Total funds £ 543,655 1,672 8,353 60,646 70,671 (21,318) 49,353 593,008 593,008 463,552 129,456 593,008 |
2020 Total funds £ 590,449 1,539 9,850 95,181 106,570 (8,159) 98,411 688,860 688,860 518,859 170,001 688,860 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 31/05/22 and were signed on its behalf by:
............................................. C Arymar - Trustee
The notes form part of these financial statements
Page 7
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on reducing balance Plant and machinery - 25% on reducing balance Computer equipment - 33% on reducing balance
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on reducing balance Plant and machinery - 25% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 8
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2021
1. ACCOUNTING POLICIES - continued
Exemption from audit
The Charitable Incorporated Organisation had an exemption from Audit in the prior year. This was confirmed by the charity commission even though income exceeds £1,000,000. This is due to the charity restructuring to a CIO and receiving a donation from its previous entity.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Donation from previous entity Ramp fund&half pipe donations Grants |
2021 £ - 1,538 93,204 94,742 |
2020 £ 590,519 2,170 220,040 |
| 812,729 |
Grants received, included in the above, are as follows:
| Rural Payments Agency School for Social Job Retention Scheme Furlough Cornwall Council Covid Support Charities Aid Foundation |
2021 £ - 6,000 60,454 26,750 - 93,204 |
2020 £ 154,465 4,750 34,825 25,000 1,000 |
|---|---|---|
| 220,040 |
3.
OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| Sales: Cold Drinks Sales: Snack bar T Shirt sales (Adults) T Shirt sales (Youth clothing) Sales: Merchandise Feed in tariff Sale of Advertising space |
2021 £ 5,286 38,268 - 608 1,394 4,607 500 50,663 |
2020 £ 4,493 60,890 50 1,821 1,919 15 525 |
| 69,713 |
continued...
Page 9
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
4. INCOME FROM CHARITABLE ACTIVITIES
| Activity Group bookings Skate Park Subscriptions and membership Skate Park Venue Hire Skate Park Skate school/ramp hire Skate Park Room/container rent hire Skate Park Scooter hire Skate Park 5. RAISING FUNDS Other trading activities Opening stock Purchases Closing stock 6. CHARITABLE ACTIVITIES COSTS Skate Park 7. DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Establishment costs Repairs and maintenance Subscriptions and donations Equipment hire Cleaning Coaching Bad Debts Depreciation |
Direct Costs (see note 7) £ 291,249 |
2021 £ 1,902 127,293 750 4,150 2,908 - 137,003 2021 £ 1,539 27,038 (1,672) 26,905 Support costs (see note 8) £ 63,658 2021 £ 141,849 13,384 42,396 2,052 1,101 1,606 2,269 610 85,982 291,249 |
2020 £ 1,571 161,917 5,245 13,949 19,395 1,339 203,416 2020 £ - 43,356 (1,539) 41,817 Totals £ 354,907 2020 £ 140,350 11,573 19,771 2,700 1,018 1,542 4,726 - 78,359 260,039 |
|---|---|---|---|
continued...
Page 10
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
8. SUPPORT COSTS
| Management £ Skate Park 54,459 Support costs, included in the above, are as follows: Wages Office Expenses Travel and subsistence Irrecoverable VAT Postage and stationery Advertising Sundries Bank charges Loan interest Legal and professional Accountancy |
Governance Finance costs Totals £ £ £ 2,060 7,139 63,658 2021 2020 Skate Total Park activities £ £ 35,462 35,088 3,388 4,122 323 485 13,282 39,871 198 395 908 2,101 898 485 2,060 4,540 - 2,272 4,235 3,224 2,904 2,559 63,658 95,142 |
Totals £ 63,658 |
|---|---|---|
| 95,142 |
Support costs, included in the above, are as follows:
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2021 nor for the year ended 31 July 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2020.
10. STAFF COSTS
| STAFF COSTS | ||||
|---|---|---|---|---|
| Wages and salaries The average monthly number of employees during the year was as follows: Management Administration |
2021 £ 177,311 177,311 2021 1 8 9 |
2020 £ 175,438 |
||
| 175,438 | ||||
| 2020 1 7 8 |
No employees received emoluments in excess of £60,000.
The key management personnel of the CIO comprises of the trustees and the centre manager. The total amount of employee benefits of the key management personnel of the CIO were £30,896 (2020 - £35,156)
continued...
Page 11
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
| 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 598,594 Charitable activities Skate Park 203,416 Other trading activities 69,713 Total 871,723 EXPENDITURE ON Raising funds 41,817 Charitable activities Skate Park 311,047 Total 352,864 NET INCOME 518,859 TOTAL FUNDS CARRIED FORWARD 518,859 12. TANGIBLE FIXED ASSETS Freehold Plant and property machinery £ £ COST At 1 August 2020 348,224 320,293 Additions 6,430 32,758 At 31 July 2021 354,654 353,051 DEPRECIATION At 1 August 2020 17,411 60,852 Charge for year 16,648 69,270 At 31 July 2021 34,059 130,122 NET BOOK VALUE At 31 July 2021 320,595 222,929 At 31 July 2020 330,813 259,441 |
Restricted funds £ 214,135 - - 214,135 - 44,134 44,134 170,001 170,001 Computer equipment £ 291 - 291 96 64 160 131 195 |
Total funds £ 812,729 203,416 69,713 |
||
|---|---|---|---|---|
| 1,085,858 41,817 355,181 |
||||
| 396,998 | ||||
| 688,860 | ||||
| 688,860 | ||||
| Totals £ 668,808 39,188 707,996 78,359 85,982 164,341 543,655 590,449 |
continued...
Page 12
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
13. STOCKS
| Stocks 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors VAT Prepayments and accrued income 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors 16. MOVEMENT IN FUNDS Net movement At 1/8/20 in funds £ £ Unrestricted funds General fund 98,412 (11,408) Fixed Asset Reserve 420,447 (43,899) 518,859 (55,307) Restricted funds Pump Track Project 43,125 (10,781) Outdoor Skate Plaza Project 126,876 (29,764) 170,001 (40,545) TOTAL FUNDS 688,860 (95,852) |
2021 £ 1,672 2021 £ 1,408 1,650 3,834 1,461 8,353 2021 £ 14,420 1,646 5,252 21,318 Transfers between funds £ (37,650) 37,650 - - - - - |
2020 £ 1,539 2020 £ 5,484 1,650 1,912 804 9,850 2020 £ 1,486 2,087 4,586 8,159 At 31/7/21 £ 49,354 414,198 |
2020 £ 1,539 |
|
|---|---|---|---|---|
| 2020 £ 5,484 1,650 1,912 804 |
||||
| 9,850 | ||||
| 2020 £ 1,486 2,087 4,586 |
||||
| 8,159 | ||||
| 463,552 32,344 97,112 |
||||
| 129,456 | ||||
| 593,008 |
continued...
Page 13
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
16. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Asset Reserve Restricted funds Pump Track Project Outdoor Skate Plaza Project TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Fixed Asset Reserve Restricted funds Pump Track Project Outdoor Skate Plaza Project TOTAL FUNDS |
Incoming resources £ 284,422 - 284,422 - 1,538 1,538 285,960 Net movement in funds £ 130,488 388,371 518,859 43,125 126,876 170,001 688,860 |
Resources Movement expended in funds £ £ (295,830) (11,408) (43,899) (43,899) (339,729) (55,307) (10,781) (10,781) (31,302) (29,764) (42,083) (40,545) (381,812) (95,852) Transfers between At funds 31/7/20 £ £ (32,076) 98,412 32,076 420,447 - 518,859 - 43,125 - 126,876 - 170,001 - 688,860 |
|---|---|---|
continued...
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MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Asset Reserve Restricted funds Pump Track Project Outdoor Skate Plaza Project TOTAL FUNDS |
Incoming resources £ 449,127 422,596 871,723 57,500 156,635 214,135 1,085,858 |
Resources expended £ (318,639) (34,225) (352,864) (14,375) (29,759) (44,134) (396,998) |
Movement in funds £ 130,488 388,371 518,859 43,125 126,876 170,001 688,860 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Fixed Asset Reserve Restricted funds Pump Track Project Outdoor Skate Plaza Project TOTAL FUNDS |
At 1/8/19 £ - - - - - - - |
Net movement in funds £ 119,080 344,472 463,552 32,344 97,112 129,456 593,008 |
Transfers between funds £ (69,726) 69,726 - - - - - |
At 31/7/21 £ 49,354 414,198 463,552 32,344 97,112 129,456 593,008 |
|---|---|---|---|---|
Page 15
continued...
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
16. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 733,549 Fixed Asset Reserve 422,596 1,156,145 Restricted funds Pump Track Project 57,500 Outdoor Skate Plaza Project 158,173 215,673 TOTAL FUNDS 1,371,818 |
Resources Movement expended in funds £ £ (614,469) 119,080 (78,124) 344,472 (692,593) 463,552 (25,156) 32,344 (61,061) 97,112 (86,217) 129,456 (778,810) 593,008 |
|---|---|
17. RELATED PARTY DISCLOSURES
On 17 September 2019 Mount Hawke Youth and Community Group (Charity Number: 1011411), in which all the trustees of the CIO were trustees, donated the value of its net assets of £590,519 to the CIO.This was shown in the prior year accounts.
Page 16
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021
| INCOME AND ENDOWMENTS Donations and legacies Donation from previous entity Ramp fund&half pipe donations Grants Other trading activities Sales: Cold Drinks Sales: Snack bar T Shirt sales (Adults) T Shirt sales (Youth clothing) Sales: Merchandise Feed in tariff Sale of Advertising space Charitable activities Group bookings Subscriptions and membership Other (to split in word) Other income Gain on sale of tangible fixed assets Insurance claim Total incoming resources EXPENDITURE Other trading activities Opening stock Cost of sales Closing stock Charitable activities Wages Establishment costs Repairs and maintenance Carried forward |
2021 £ - 1,538 93,204 94,742 5,286 38,268 - 608 1,394 4,607 500 50,663 1,902 127,293 7,808 137,003 750 2,802 3,552 285,960 1,539 27,038 (1,672) 26,905 141,849 13,384 42,396 197,629 |
2020 £ 590,519 2,170 220,040 812,729 4,493 60,890 50 1,821 1,919 15 525 69,713 1,571 161,917 39,928 203,416 - - - 1,085,858 - 43,356 (1,539) 41,817 140,350 11,573 19,771 171,694 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 17
MOUNT HAWKE YOUTH AND COMMUNITY GROUP
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021
| Charitable activities Brought forward Subscriptions and donations Equipment hire Cleaning Coaching Bad Debts Freehold property Plant and machinery Computer equipment Support costs Management Wages Office Expenses Travel and subsistence Irrecoverable VAT Postage and stationery Advertising Sundries Finance Bank charges Loan interest Governance costs Legal and professional Accountancy Total resources expended Net (expenditure)/income |
2021 £ 197,629 2,052 1,101 1,606 2,269 610 16,648 69,270 64 291,249 35,462 3,388 323 13,282 198 908 898 54,459 2,060 - 2,060 4,235 2,904 7,139 381,812 (95,852) |
2020 £ 171,694 2,700 1,018 1,542 4,726 - 17,411 60,852 96 |
|---|---|---|
| 260,039 35,088 4,122 485 39,871 395 2,101 485 |
||
| 82,547 4,540 2,272 |
||
| 6,812 3,224 2,559 |
||
| 5,783 | ||
| 396,998 | ||
| 688,860 |
This page does not form part of the statutory financial statements
Page 18