Digitally Signed Document Document ID: 94F96C38F75AF8
## Document Details:
**----- Start of picture text -----**
Filename: PH891-Limited company accounts amended 2021.pdf
Client of: Price Green & Co
Signature Details
Name: Bob Kenhard
Email: bob.kenhard@btinternet.com
Date & Time: 28/10/2021 12:01:58 (BST)
IP Address: 86.170.238.87
Hassocks Community Organisation agrees and approves the
Signing Statement:
contents of this document.
**----- End of picture text -----**
## Digital Certificate
The approved PDF file has been digitally certified. Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with.
**----- Start of picture text -----**
On behalf of: Price Green & Co
PDF digital certificate: IRIS Software Group Limited
Digital certificate issued by: GlobalSign
**----- End of picture text -----**
Please keep a copy of this document for your records. is powered by IRIS OpenSpace.
## **Report of the Directors and**
**Unaudited Financial Statements for the Year Ended 31 March 2021**
**for**
**Hassocks Community Organisation**
**Hassocks Community Organisation**
**Contents of the Financial Statements for the Year Ended 31 March 2021**
||**Page**|
|---|---|
|**Company Information**|1|
|**Report of the Directors**|2|
|**Income Statement**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|5|
|**Report of the Accountants**|8|
|**Detailed Income and Expenditure Account**|9|
**Hassocks Community Organisation**
## **Company Information for the Year Ended 31 March 2021**
## **DIRECTORS:**
## **REGISTERED OFFICE:**
## **REGISTERED NUMBER:**
## **ACCOUNTANTS:**
Dr C E Wilsdon Mrs C Cassidy Mr J M Wakeham MS E Woodhurst-Trueman Mr J Soper Professor F Maillardet Mr R Kenhard
Lynnem House 1 Victoria Way Burgess Hill West Sussex RH15 9NF
07128053 (England and Wales)
Price Green & Co Lynnem House 1 Victoria Way Burgess Hill West Sussex RH15 9NF
Page 1
**Hassocks Community Organisation**
## **Report of the Directors for the Year Ended 31 March 2021**
The directors present their report with the financial statements of the company for the year ended 31 March 2021.
## **PRINCIPAL ACTIVITY**
The principal activity of the company in the year under review was that of supporting the health and welfare of the community in Hassocks, West Sussex and in particular to disseminate information to residents and support local traders during the worst stages of the pandemic by providing and signposting safe means of shopping, exercise and entertainment.
## **REVIEW OF BUSINESS**
Some of the projects have been unable to operate at points due to government restrictions demanded by the pandemic. Those that were permitted to do so have provided valuable services to residents, including the Hassocks Village Market, the Green Groups, the Natural Flood Management group, and Hassocks Community Cycle Hire which operates as a social enterprise, and which has received a substantial government grant. Two new projects have come on board - Hassocks Youth Projects, focused on providing positive activities for young residents, and Light Up Hassocks, a community event celebrating Christmas, providing local shopping opportunities, and music and recreation for people of all ages. Despite the challenges of the pandemic all the company's activities continue, and the directors are looking forward to an exciting and fulfilling year ahead.
## **DIRECTORS**
The directors shown below have held office during the whole of the period from 1 April 2020 to the date of this report.
Dr C E Wilsdon Mrs C Cassidy Mr J M Wakeham MS E Woodhurst-Trueman Mr J Soper Professor F Maillardet Mr R Kenhard
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
## **ON BEHALF OF THE BOARD:**
........................................................................ Mr J M Wakeham - Director
Date: .............................................
Page 2
## **Hassocks Community Organisation**
## **Income Statement for the Year Ended 31 March 2021**
|||**31.3.21**|31.3.20|
|---|---|---|---|
||Notes|**£**|£|
|**TURNOVER**||**29,202**|10,803|
|Cost of sales||**4,653**|3,507|
|**GROSS SURPLUS**||**24,549**|7,296|
|Administrative expenses||**9,527**|12,429|
|||**15,022**|(5,133)|
|Other operating income||**3,003**|3,980|
|**OPERATING SURPLUS/(DEFICIT) and**||||
|**SURPLUS/(DEFICIT) BEFORE**||||
|**TAXATION**||**18,025**|(1,153)|
|Tax on surplus/(deficit)||**-**|-|
|**SURPLUS/(DEFICIT) FOR THE**||||
|**FINANCIAL YEAR**||**18,025**|(1,153)|
The notes form part of these financial statements
Page 3
**Hassocks Community Organisation (Registered number: 07128053)**
## **Balance Sheet**
## **31 March 2021**
|Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Stocks
Debtors
6
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**RESERVES**
Income and expenditure account
8|**31.3.21**
**£**
**1,915**
**709**
**36,783**
**39,407**
**1,092**|**£**
**1,573**
**38,315**
**39,888**
**39,888**
**39,888**|31.3.20
£
1,735
1,156
18,360
21,251
1,486|£
2,098
19,765|
|---|---|---|---|---|
|||||21,863|
|||||21,863|
|||||21,863|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
## The directors acknowledge their responsibilities for:
- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on ............................................. and were signed on its behalf by:
........................................................................ Mr J M Wakeham - Director
The notes form part of these financial statements
Page 4
**Hassocks Community Organisation**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## 1. **STATUTORY INFORMATION**
Hassocks Community Organisation is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
## 2. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on reducing balance
## **Government grants**
During the year, the company received £988 under the Coronavirus job Retention Scheme.
During the year, the company received £20,000 under the Coronavirus Small Business Grant Fund.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
## **Deferred tax**
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.
Page 5
continued...
**Hassocks Community Organisation**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## 3. **EMPLOYEES AND DIRECTORS**
The average number of employees during the year was 5 (2020 - 3).
4. **OPERATING SURPLUS/(DEFICIT)**
The operating surplus (2020 - operating deficit) is stated after charging:
|||**31.3.21**|31.3.20|
|---|---|---|---|
|||**£**|£|
||Depreciation - owned assets|**525**|699|
|5.|**TANGIBLE FIXED ASSETS**|||
||||**Fixtures**|
||||**and**|
||||**fittings**|
||||**£**|
||**COST**|||
||At 1 April 2020|||
||and 31 March 2021||**11,450**|
||**DEPRECIATION**|||
||At 1 April 2020||**9,352**|
||Charge for year||**525**|
||At 31 March 2021||**9,877**|
||**NET BOOK VALUE**|||
||At 31 March 2021||**1,573**|
||At 31 March 2020||2,098|
|6.|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**31.3.21**|31.3.20|
|||**£**|£|
||Other debtors|**709**|1,156|
|7.|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**31.3.21**|31.3.20|
|||**£**|£|
||Trade creditors|**30**|30|
||Taxation and social security|**-**|99|
||Other creditors|**1,062**|1,357|
|||**1,092**|1,486|
Page 6
continued...
**Hassocks Community Organisation**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## 8. **RESERVES**
|**RESERVES**||
|---|---|
||**Income**|
||**and**|
||**expenditure**|
||**account**|
||**£**|
|At 1 April 2020|**21,863**|
|Surplus for the year|**18,025**|
|At 31 March 2021|**39,888**|
## 9. **RELATED PARTY DISCLOSURES**
Mr J M Wakeham was the company's managing director throughout the current year.
## 10. **GOING CONCERN**
The Covid-19 pandemic has created business uncertainty, but the directors are confident that the company's finances are sufficiently robust, and believe that they will be able to continue trading without material difficulties. As such, they believe that preparing the accounts on a going concern basis is appropriate.
## 11. **INSURANCE EXPENDITURE**
The insurance cost in these accounts is allocated across Business Streams.
Page 7
**Hassocks Community Organisation**
## **Report of the Accountants to the Directors of Hassocks Community Organisation**
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2021 set out on pages three to seven and you consider that the company is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Price Green & Co Lynnem House 1 Victoria Way Burgess Hill West Sussex RH15 9NF
Date: .............................................
This page does not form part of the statutory financial statements
Page 8
**Hassocks Community Organisation**
## **Detailed Income and Expenditure Account for the Year Ended 31 March 2021**
|**Turnover**
Cycle hire & repairs
Government Grants
Village Market
Star Cinema
**Cost of sales**
Opening stock
Purchases
Wages
Closing stock
**GROSS SURPLUS**
**Other income**
Cinema screen hire
Green Group
May Day Event
Central administration
**Expenditure**
Rent & rates
Insurance
Village market
Star cinema
Bike n fun
Millennium Clock
May Day Event
Hassocks Cycle Hire
Green Group
Administration postage &
stationery
Advertising
Natural flood management group
Repairs and renewals
Sundry expenses
Accountancy
Donations
**Finance costs**
Credit card - cycle hire
Carried forward|**31.3.21**
**£**
**6,383**
**20,988**
**1,831**
**-**
**1,735**
**1,009**
**3,824**
**6,568**
**(1,915)**
**-**
**200**
**-**
**2,803**
**16**
**-**
**2,382**
**77**
**-**
**263**
**-**
**604**
**1,264**
**1,088**
**278**
**-**
**80**
**138**
**1,482**
**890**|**£**
**29,202**
**4,653**
**24,549**
**3,003**
**27,552**
**8,562**
**18,990**
**441**
**18,549**|31.3.20
£
5,767
-
1,893
3,143
1,863
746
2,633
5,242
(1,735)
540
400
1,166
1,874
35
84
2,181
2,359
24
256
725
482
1,104
1,248
473
800
46
-
1,362
500|£
10,803
3,507
7,296
3,980
11,276
11,679
(403)
351
(754)|
|---|---|---|---|---|
This page does not form part of the statutory financial statements
Page 9
**Hassocks Community Organisation**
## **Detailed Income and Expenditure Account for the Year Ended 31 March 2021**
|**31.3.21**
**£**
Brought forward
**Depreciation**
Fixtures and fittings
**Profit on disposal of fixed assets**
Fixtures and fittings
**NET SURPLUS/(DEFICIT)**|31.3.20
**£**
£
**18,549**
**524**
**18,025**
**-**
**18,025**|£
(754)
699
(1,453)
300
(1,153)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 10
## **Unaudited Financial Statements for the Year Ended 31 March 2021**
**for**
**Hassocks Community Organisation**
**Hassocks Community Organisation**
**Contents of the Financial Statements for the Year Ended 31 March 2021**
||**Page**|
|---|---|
|**Company Information**|1|
|**Balance Sheet**|2|
|**Notes to the Financial Statements**|3|
**Hassocks Community Organisation**
## **Company Information for the Year Ended 31 March 2021**
## **DIRECTORS:**
## **REGISTERED OFFICE:**
## **REGISTERED NUMBER:**
## **ACCOUNTANTS:**
Dr C E Wilsdon Mrs C Cassidy Mr J M Wakeham MS E Woodhurst-Trueman Mr J Soper Professor F Maillardet Mr R Kenhard
Lynnem House 1 Victoria Way Burgess Hill West Sussex RH15 9NF
07128053 (England and Wales)
Price Green & Co Lynnem House 1 Victoria Way Burgess Hill West Sussex RH15 9NF
Page 1
**Hassocks Community Organisation (Registered number: 07128053)**
## **Balance Sheet**
## **31 March 2021**
|Notes
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Stocks
Debtors
5
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**RESERVES**
Income and expenditure account
7|**31.3.21**
**£**
**1,915**
**709**
**36,783**
**39,407**
**1,092**|**£**
**1,573**
**38,315**
**39,888**
**39,888**
**39,888**|31.3.20
£
1,735
1,156
18,360
21,251
1,486|£
2,098
19,765|
|---|---|---|---|---|
|||||21,863|
|||||21,863|
|||||21,863|
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
- (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements were approved by the Board of Directors and authorised for issue on ............................................. and were signed on its behalf by:
........................................................................ Mr J M Wakeham - Director
The notes form part of these financial statements
Page 2
**Hassocks Community Organisation**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## 1. **STATUTORY INFORMATION**
Hassocks Community Organisation is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
## 2. **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on reducing balance
## **Government grants**
During the year, the company received £988 under the Coronavirus job Retention Scheme.
During the year, the company received £20,000 under the Coronavirus Small Business Grant Fund.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
## **Deferred tax**
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.
## 3. **EMPLOYEES AND DIRECTORS**
The average number of employees during the year was 5 (2020 - 3).
continued...
Page 3
**Hassocks Community Organisation**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
4. **TANGIBLE FIXED ASSETS**
|4.|**TANGIBLE FIXED ASSETS**|||
|---|---|---|---|
||||**Fixtures**|
||||**and**|
||||**fittings**|
||||**£**|
||**COST**|||
||At 1 April 2020|||
||and 31 March 2021||**11,450**|
||**DEPRECIATION**|||
||At 1 April 2020||**9,352**|
||Charge for year||**525**|
||At 31 March 2021||**9,877**|
||**NET BOOK VALUE**|||
||At 31 March 2021||**1,573**|
||At 31 March 2020||2,098|
|5.|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**31.3.21**|31.3.20|
|||**£**|£|
||Other debtors|**709**|1,156|
|6.|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||**31.3.21**|31.3.20|
|||**£**|£|
||Trade creditors|**30**|30|
||Taxation and social security|**-**|99|
||Other creditors|**1,062**|1,357|
|||**1,092**|1,486|
|7.|**RESERVES**|||
||||**Income**|
||||**and**|
||||**expenditure**|
||||**account**|
||||**£**|
||At 1 April 2020||**21,863**|
||Surplus for the year||**18,025**|
||At 31 March 2021||**39,888**|
|8.|**RELATED PARTY DISCLOSURES**|||
Mr J M Wakeham was the company's managing director throughout the current year.
continued...
Page 4
**Hassocks Community Organisation**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## 9. **GOING CONCERN**
The Covid-19 pandemic has created business uncertainty, but the directors are confident that the company's finances are sufficiently robust, and believe that they will be able to continue trading without material difficulties. As such, they believe that preparing the accounts on a going concern basis is appropriate.
## 10. **INSURANCE EXPENDITURE**
The insurance cost in these accounts is allocated across Business Streams.
Page 5
CHARITY COMMISSION
FOR ENGLWI) ANO WALES
Independent examinefs report on the
accounts
Indgp•nd•nt Examin•rfs R•port
On accounts lor th• y•v 314 21
•nd•d
Chwlty no
Ilf •ny>
118%)97
S•t on pag••
tharity (Ihe Tnof) ky th• y•Ar orKknJ
ba•ls of r•port
¥Jer 9oction 145 of the 2011 Act and my 8xwnknwtk)n. I
have follthvI all thè applble Ihg Chwty Comrni••lc
#a81 S¢Van 1445Xb) of the
Indep•ndenl tThe oxcood•J £25.LKKI aThJ l am qualiled to
(rf Acrx)unb"ry T•thni¢aans.
thal th• XClAKts 9lv• a Irue falrf vibw whictL Is not a ff•tter
R•l•v•nt prolu•lon•l
9y•llllcalbrf•) w body
IER
Oct 2018
Ilf w):
Green & Co Ac¢ount*Dts
Lvnt)tTh House.
i¥lvr.a
91sF
Td.. Q1444 a•i9•7 x F•* a
S•ctlon
Dijclosurn
gu#J•rK• lor •wr4ner3).
Olv• h•r• brlvl d•tslh ol
any It•m• that th•
•xarnln•r wlsh•s lo
dl•clo••.
IER
Oct 2018
CHARTFY COMMISSION
FOR ENC10 IVALES
Recel ts and
ments accounts
CC16•
F•rlh• pwlgd
T•
Section A Receipts and payments
MJ
i¥
AR)
xia•
l•bl•l.
X12•
xi
fjb•nF
1.1
14•
441
17.1
1•.Q24
Section B Statement of assets and Ilabllltles at the end ol the period
Bl Cwh fiffbdl
1&)IX1
2W11r1021
Jttomy Wa*eha
Erfka Woothursl
Catherine Arn C•ss
Or Colln Ernert Wi15dJh
P•ul
Mosi lees Ire pald irto Il*
Uz E¢tsMnd5 kn tr•* W •t hantho thi Tht c•sh 45 tskM to th• b•nk by th Edmund5
&>kn W115don • th• l••d 4¢ the C¥de b*r• T•tr*) Ihe cash •Ke5s cash kn th• tMI 15 ld Into Il*
th* ol Ihe fvnO•r ty•Jonor. the ofth• th>wtion. thtr pwpose of the lufids •nd T*hther 4ty
are re•5wblE. ethK•l. xhlv*•ble.
•wt. Any smill •*pse5 to a al £20 can be f45h where mly b•
there was fio Inc(xne in the Trar to 3110¥21 to tho Covf) 19 yrbdemkl. mar*et stall rents
from The Vlll•8e Market totsllinl £1,831.1Xl In th• y••r to 3V03121 and Hassoc*s Commun
Cyde Hlre tot•lliry £6J82.72. Despite income r*celv•d. the mapr part of the ifbcome In th•
year lo 31/031210)n frryn the recdpt of two COVID 19 related ¢o¥efrrtn¢nt i1ts from the
5. C¥th - On the basls th•r• Is a ¥¢ry smal anxxmrt ot wtty cash used Trlr ar it Is
swTrm•flsed separatety from the bank xwunL The intemal control for cash seems to b? as
& or¥anised a5 the main bank current xcounL I no fea59n rnt to assumè this
ball is coned and l not th)IN further analysis on w
eviou*.
Mbs Sharlotte el¥ MAAT
31" Mah 2021
l. Purrhase FrMKe f
2. Tft@t oywses The
3. C*1 rKeipts fd• If•f ••th cath iritstfv4e I. C* St¥ Chnerna. Yill4È Maet1
4. Paper bank stat•m•nts
S. Payroll summarles
Grants and r•c•h*d
7. Ghl •kl d•kned donor forn
Miss Sh*lJtte 8tythe MMT
3 November 2021