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2020-12-31-accounts

Registered number: 08180454 Charity number: 1183487

COMMUNITY ORGANISERS LIMITED (A Company Limited by Guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2020

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Trustees' Report 2 - 7
Independent Examiner's Report 8 - 9
Statement of Financial Activities 10
Balance Sheet 11 - 12
Notes to the Financial Statements 13- 24

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 DECEMBER 2020

Trustees E L Barrett
S P Bedding
G F Jenkins
D E Kirk-Adams
D Kirkwood
J F Leathers (Resigned 9/8/2021)
P S Newell (Resigned 8/5/2021)
M R Rocco
T Scott
S S Smith
M A Sylla
Company registered
number 08180454
Charity registered
number 1183487
Registered office 10 Silver Street
Warminster
BA12 8PS
Chief Executive Officer Nick Gardham

Page

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE PERIOD ENDED 31 DECEMBER 2020

The Trustees present their annual report together with the financial statements of the Charity for the period 1 January 2020 to 31 December 2020. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective January 2015).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

a. Policies and objectives

Our charity’s purposes are set out in the objects contained in the Company’s Articles of Association and are as follows:

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Strategies for achieving objectives

Community Organisers has continued its strategy to work both with members of socially disadvantaged communities, whilst maintaining positive and productive links with national and regional bodies including central government, public bodies, charitable trusts and foundations and other charitable and voluntary sector bodies.

The ability to bridge the local and national has been particularly important due to the global pandemic as the organisation has successfully being able to act as a national voice for those in low-income neighbourhoods who found themselves suffering most from the impacts of COVID19

c. Activities undertaken to achieve objectives

All our charitable activities focus on the development of the capacity and skills of those living in socially and economically disadvantaged communities and are undertaken to further our charitable purposes for the public benefit.

Page

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2020

Objectives and activities (continued)

Many of our members became the frontline responders to the pandemic supporting local community members with managing the lockdown measures. Some examples include:

• In Tottenham, community organisers at Selby Trust mobilised to form a food bank supporting 1000s of people

• In Stockport, community organiser Nicola Dean at Starting Point Community Learning Partnership was recognised nationally for her efforts in tackling the digital divide.

• In Hartlepool, Social Action Hub, The Annexe, supported the development of a new initiative called Minds for Men to tackling the mental health issues facing men in Hartlepool, and,

• In Staffordshire, Eileen Jordan and the team were recognised by Baroness Barran for their efforts in developing County Stories Social Supermarket ensuring surplus food went to 1000s of families across the County who needed it most.

• To support the ongoing personal and professional development and wellbeing of those who working on the frontline of the crisis, the organisation created internal networks for people to connect and support one another through WhatsApp groups, Zoom sessions and check in calls.

Online Training and Development

Throughout the year Community Organisers provided training to over 400 individuals and groups in community organising. This included online webinar series, exploring how the Community Organising Framework, could provide a strategy to support those responding to the crisis, as well as formal quality assured training.

National Campaigns: #OperationWiFi

One of the biggest issues facing members of the Organisation at the onset of the pandemic was access to affordable internet access. The organisation launched a call in March 2020 for the largest free to use wireless network to enable those from low income communities to get online and stay connected to essential services and activities.

The Organisation developed the campaign to become an ask for the UK’s first ever National Databank where unused mobile phone data could be gifted to those who need it in times of crisis.

Over 100 organisations joined the campaign as alliance members calling on the telecommunications industry to form the National Databank

Annual Event: CO20 – The Power of Connection and Community

Convened with the Better Way Network, the organisation held its first ever online annual event. Over. 500 people participated across 24 sessions totally 40 hours of workshops.

Page

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2020

Objectives and activities (continued)

Achievements and performance

a. Review of activities

Despite the impacts of COVID19 on the Charities operational activities and relationships with Government, the charity plans continuing the activities outlined above and build on its strategy set out in People, Power and Place in the forthcoming years subject to satisfactory funding arrangements. Plans are also being developed to advance our online training offer to secure further income from trading, membership fees, Social Action Hubs, Trusts and Foundations.

b. Fundraising activities and income generation

The Charity did not engage in any fundraising activities during this financial period and did not engage any external fundraisers. Income received during the period came primarily through the delivery of contracts associated with delivery of the Charity’s objectives and primary purposes.

c. Investment policy and performance

The Charity does not hold any investments.

d. Volunteers

Although the Charity did not have any volunteers to manage directly during the period under review. However, the Charity maintains a volunteer policy and carefully reviews this, together with its volunteer activity annually. This is overseen by the Board with day to day responsibility delegated to the Chief Executive.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

COVID-19

Although COVID-19 has had a significant effect on our ability to engage in new business contracts and to deliver training work, our cash reserves have enabled us to continue to operate in supporting our network of members

Page

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2020

Financial review (continued)

and organisations who work in local communities across England. We have used the Corona Virus Job Retention Scheme to furlough staff where areas of our service have been most deeply affected.

b. Reserves policy

Reserves are that part of a charity’s unrestricted funds that is freely available to spend on any of the charity’s purposes. Community Organisers maintains free unrestricted reserves:

The Board of Trustees will review the above criteria with reference to Community Organisers’ strategy and Annual Plan and determine the target level of free reserves to meet these. In the current year the target level of free reserves has been set at not less than six months core operating costs and the current level of free liquid reserves allows for this. At 31 December 2020 the free reserves of the charity were £146,747.

The Board of Trustees will at times designate funds from free reserves for significant project costs or replacement of major assets.

c. Principal risks and uncertainties

The global pandemic has put unprecedented pressures on the finances of the organisation. The Organisation has had to ensure that it can meet the demands of its members whilst also managing the impact of a reduction in income from contracts and services. The principal risk to be managed currently is that the Charity manages its costs and resource levels to meet demand for its services going forward in a manner which is appropriate to its future income levels and available liquidity. The Charity has a robust budgeting cash flow management system which keeps the management and Board regularly appraised of the position and decisions relating to future costs are made with this information taken into account.

d. Financial risk management objectives and policies

Financial risk is managed through the Charity’s Policy Manual which is reviewed and approved by the Board on a bi- annual basis.

The Manual includes policies covering:

Page

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2020

Financial review (continued)

e. Principal funding

Community Organisers aims to achieve an annual surplus each year which is sufficient to meet the working capital of the organisation and to ensure the development of the organisation is resourced as it expands in order to be able to continue to provide a service to our beneficiaries.

Community Organisers has identified training, membership fees, programme delivery, consultancy and asset based income as the core activities and will seek to finance these through income streams that are as secure and long term as possible.

Structure, governance and management

a. Constitution

Community Organisers Limited is registered as a charitable company limited by guarantee and was set up by a Trust deed.

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

c. Organisational structure and decision-making policies

The Board of Trustees holds responsibility for the decisions and activity of the Charity. The day to day management of the Charity is delegated to the Chief Executive who is also involved in setting policies which are only adopted after approval by the Board.

The Chief Executive is supported by the part time Finance Director, the Programme Manager (Community Organising Expansion Programme), the National Member Organiser and administrative staff.

The Head of the National Academy of Community Organising also reports directly to the Chief Executive who is in turn supported by a part time administrator and Internal Verifier who both hold relevant specialist expertise. The post is currently vacant, however training delivery continues through our national network of certified trainers.

d. Policies adopted for the induction and training of Trustees

New Trustees are trained and informed of their responsibilities in accordance with guidelines issued by the Charities Commission. Trustees are required to attend workshop training provided by a specialist in Charity Governance. During 2020 all of the serving Trustees attended this training.

e. Related party relationships

The organisation has no related party relationships.

Page

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2019

Plans for future periods

The organisation is developing its plans for the following financial period so that it can continue to attract resources to deliver on it’s strategy to work with people in socially and economically deprived neighbourhoods and work towards the relief of poverty.

The organisation will be launching a major membership recommitment in March ’21 that seeks to reengage its members. The recommitment had been planned for March 20 but delayed due to the onset of the pandemic..

Alongside the membership recommitment, the Organisation has engaged the network of Social Action Hubs to understand their intention to continue to develop and deliver training. Social Action Hubs have pledged their continued support to the organisation to work alongside and provide training to local people. In March 21 we will be asking for their financial commitment and to work with us to successfully launch the National Academy of Community Organising.

The Organisation intends to further develop its success of the #OperationWiFi campaign by developing further Action Groups on issues that are identified within and across the Membership.

As the Government and other national bodies look to recover from the Pandemic we aim to build on our existing good relationships and previous work with them to support them to develop programmes and activities that can embed the work of the Charity to enable it to secure further resources and enabling it to deliver effectively on its charitable objectives The organisation also aims to continue to expand its partnerships with other organisations to increase its reach and enable it to deliver on its charitable objects.

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial period. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. 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

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

Approved by order of the members of the board of Trustees on 15 January 2022 and signed on their behalf by:

S P Bedding

Page

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE PERIOD ENDED 31 DECEMBER 2020

Independent Examiner's Report to the Trustees of Community Organisers Limited ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the period ended 31 December 2020.

Responsibilities and Basis of Report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

In the course of my examination of the accounting records of the charity I have reviewed the disclosures in the accounts in respect of the impact of COVID-19 on the financial statements. I draw your attention to the trustees' view on the impact of COVID-19 as disclosed on page 3 and the consideration given in the going concern basis of preparation on page 12.

The full impact following the emergence of COVID-19 is still unknown. It is still therefore not currently possible to evaluate all the potential implications to the charity's operations, beneficiaries and the wider economy.

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.

Page

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2020

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Kingston Business Management CO Business Hub 10, Silver Street Warminster BA12 8PS

12[th] January 2022

Page

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD ENDED 31 DECEMBER 2020

Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Grants
6
Other income
6
Total income
Expenditure on:
Charitable activities
7
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds		 Unrestricted
funds
Year ended
31-Dec
2020
£
105
413,445
51
67,945
5,175
486,721
393,425
93,296
93,296
222,106
93,296
315,402		 Total
funds
Year
ended
31-Dec
2020
£
105
413,445
51
67,945
5,175
486,721
393,425
93,296
93,296
222,106
93,296
315,402		 Total
funds
Year
ended
31-Dec
2019
£
260
645,245
100
0
5,185
650,790
502,069
148,721
148,721
73,385
148,721
222,106

The Statement of Financial Activities includes all gains and losses recognised in the period. The notes on pages 13 to 24 form part of these financial statements

Page 11

COMMUNITY ORGANISERS LIMITED (A Company Limited by Guarantee) REGISTERED NUMBER: 08180454

BALANCE SHEET AS AT 31 DECEMBER 2020

Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts
falling due within one year
14
Net current assets /
liabilites
Total assets less current
liabilities
Creditors: amounts
falling due after one year
Charity funds
Unrestricted funds
15
Total funds		 913
298,347
299,260
122,513
30,000		 31
December
2020
£
168,655
176,747
345,402
315,402
315,402
315,402		 235,824
222,761
458,585
406,352
0		 31
December
2019
£
169,873
169,873
52,233
222,106
222,106
222,106
222,106

Page 11

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee) REGISTERED NUMBER: 08180454

BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2020

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the period in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 15 January 2022 and signed on their behalf by:

S P Bedding

Director

The notes on pages 12 to 24 form part of these financial statements.

Page 11

COMMUNITY ORGANISERS LIMITED (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

1. General information

Community Organisers Limited is a charitable private company limited by guarantee, registered in England and Wales, company registered number 08180454, charity registered number 1183487. Its registered office is 10 Silver Street, Warminster, Wiltshire, BA12 8PS.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Community Organisers Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

At the time these financial statements are authorised there is an ongoing worldwide pandemic due to COVID-19. The measures taken by the Charity are highlighted in the Trustees report.

The trustees consider there are adequate liquid funds available to sustain the charity through the next financial year.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 1

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

2. Accounting policies (continued)

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.5 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of Financial Activities as the related expenditure is incurred.

2.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.7 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Freehold property - Nil
Fixtures and fittings - 25
Computer equipment - 25

Page 1

COMMUNITY ORGANISERS LIMITED (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

2. Accounting policies (continued)

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.11 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the period.

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Page 1

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

3. Income from donations and legacies

Donations
Government grants		 Unrestricted
Funds
Year
ended
31
December
2020
£
105
67,945
68,050		 Total
Funds
Year
ended
31
December
2020
£
105
67,945
68,050		 Total
Funds
9 months
ended
31
December
2019
£
260
-
260

4. Income from charitable activities

Income from charitable activities
Contract income
Total 2020		 Unrestricted
Funds
Year
ended
31
December
2020
£
74,348
339,097
413,445		 Total
Funds
Year
ended
31
December
2020
£
74,348
339,097
413,445		 Total
funds
9 months
ended
31
December
2019
£
14,254
630,991
645,245

Page 1

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

5. Investment income

Investment income
6. Other incoming resources
Rental income
Other income
7. Analysis of expenditure on
charitable activities
Summary by fund type
Direct costs		 Unrestricted
Funds
Year
ended
31
December
2020
£
51
Unrestricted
Funds
Year
ended
31
December
2020
£
5,175
0
5,175

Unrestricted
Funds
Year
ended
31
December
2020
£
393,425		 Total
Funds
Year
ended
31
December
2020
£
51
Total
Funds
Year
ended
31
December
2020
£
5,175
0
5,175
Total
Funds
Year
ended
31
December
2020
£
393,425		 Total
funds
9 months
ended
31
December
2019
£
100
Total
funds
9 months
ended
31
December
2019
£
5,175
10
5,185
Total
funds
9 months
ended
31
December
2019
£
502,069

Page 1

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

8. Analysis of expenditure by activities

8. Analysis of expenditure by activities
Direct costs
Direct costs
9. Independent examiner's
remuneration
Fees payable to the Charity's independent
examiner for the independent examination
of the Charity's annual accounts
Fees payable to the Charity's independent
examiner in respect of:
All other services not included above		 Unrestricted
Funds
Year
ended
31
December
2020
£
393,425
Activities undertaken
Directly
Year ended 31
March
2020
£
254,447
Year
ended
31
December
2020
£
0
0		 Total Funds
Year
ended
31
December
2020
£
393,425
Support
Year ended
31 March
2020
£
138,978
9 months
ended
31
December
2019
£
1,500
1,500		 Total funds
9 months
ended
31
December
2019
£
502,069
Total
Year ended
31 March
2020
£
393,425

Page 1

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

10
Staff costs
Wages and salaries
Social security costs
Contribution to defined contribution
pension schemes
The average number of persons
employed by the Charity during the
period was as follows:
Staff		 Year
ended
31
December
2020
£
142,304
10,339
2,668
155,311
Year
ended
31
December
2020
No.
5.5		 9 months
ended
31
December
2019
£
159,671
13,358
3,612
176,641
9 months
ended
31
December
2019
No.
7

No employee received remuneration amounting to more than £60,000 in either year.

The key management personnel of the charity comprise the Trustees and the Chief Executive Officer The total employee benefits of the key management personnel of the charity were £59,950.

11. Trustees' remuneration and expenses

During the period no Trustees received any remuneration or other benefits (2019 - £NIL)

Page 20

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

12. Tangible fixed assets

Cost or valuation
At 1 January 2020
At 31 December 2020
Depreciation
At 1 January 2020
Charge for the period
At 31 December 2020
Net book value
At 31 December 2020
At 1 January 2020
btors
Due within one year
Trade debtors		 Freehold
property
£
165,000		 Fixtures
and
Fittings
2,564
2,564
1,393
271
1,664
900
1,171
31
December
2019
£
235,824
235,824		 Computer
equipment
Total
£
£
8,100
175,664
165,000 8,100
175,664
-
-		 4,398
5,791
947
1,218
- 5,345
7,009
165,000 2,755
168,655
165,000 3,702
169,873
31
December

2020
£
913
913

13. Debtors

Page 21

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

14
Creditors: Amounts falling due within one year
31
December
2020
£
Bank overdrafts
-
Trade creditors
0
Other taxation and social security
-2,487
Other creditors
0
Accruals and deferred income
125,000
122,513
Deferred income at 1 January 2020
341,680
Amounts released from previous
periods
-216,680
125,000
Creditors: Amounts falling due after one year
“Bounce Back” unsecured bank loan30,000
30,000		 31
December
2019
£
-
30,692
22,786
8,194
344,680
406,352
467,261
-125,581
341,680
0
0

Page 22

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

15. Statement of funds
Statement of funds - current period
Unrestricted funds
General Funds
Statement of funds - prior period
Unrestricted funds
General Funds		 Balance at
1
January
2020
£
222,106
Balance at
1
April
2019
£
73,385		 Income

£
486,721
Income
£
650,790		 Balance at
31
December
Expenditure
2020
£
£
-393,425
315,402
Balance at
31
December
Expenditure
2019
£
£
-502,069
222,106

Page 23

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

16 Analysis of net assets between funds Current Period

Tangible fixed assets
Current assets
Creditors due within one year
Creditors due after one year
Total		 Unrestricted
funds
31
December
2020
£
168,655
299,260
-122,513
-30,000
315,402		 Total
funds
31
December
2020
£
168,655
299,260
-122,513
-30,000
315,402

Prior Period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
31
December
2019
£
169,873
458,585
-406,352
222,106		 Total
funds
31
December
2019
£
169,873
458,585
-406,352
222,106

Page 24

COMMUNITY ORGANISERS LIMITED

(A Company Limited by Guarantee)

17. Reconciliation of net movement in funds to net cash flow Reconciliation of net movement in funds to net cash flow from operating activities
Year 9 months
ended ended
31 31
December December
2020 2019
£ £
Net income for the period (as per
Statement of Financial Activities) 93,296 148,721
Adjustments for:
Depreciation charges 1,218 1,125
Decrease/(increase) in debtors 234,911 -233,479
Decrease in creditors -253,839 -113,641
Net cash provided by/(used in)
operating activities		 75,586 -197,274
18.
Analysis of cash and cash equivalents
31
December
2020
£
Cash in hand
298,347
Total cash and cash equivalents
298,347		 31
December
2019
£
222,761
222,761

Page 25

(A Company Limited by Guarantee)

COMMUNITY ORGANISERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2020

19. Analysis of Net Debt


Cash at bank and in hand		 1
January
2020
£
222,761
222.761		 Cash flows
£
75,586
75,586		 31
December
2020
£
298,347
298,347

20. Pension commitments

The Charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £2,668 (2019 - £3,612).

21. Related party transactions

No related party transactions took place during the Year.

22. Post balance sheet events

The COVID-19 pandemic that occurred after the financial year end has been considered a non adjusting post balance sheet event, with no impact on the going concern of the company.

Page 26