Bakersfield & Neighbourhood Community Association (Registered charity, number 1183962) Financial statements for the year ended 31 March 2022
| Page | Contents |
|---|---|
| 2 - 3 | Trustees’ annual report |
| 4 | Independent examiner’s report |
| 5 | Receipts & payments account |
| 6 | Statement of assets & liabilities |
| 7 - 8 | Notes to the accounts |
Bakersfield & Neighbourhood Community Association Trustees’ annual report for the year ended 31 March 2022
Full name Bakersfield & Neighbourhood Community Association
Other names by which the charity is known BANCA
Organisation type Charitable incorporated organisation
Registered charity number 1183962
Principal address 312 Sneinton Dale, Nottingham NG3 7DN
Trustees David Mellen, Chair Diane Balaguero Irfan Malik, Vice Chair Carol Greaves Marilyn Livesey, Treasurer Joanne Flint, Hon. Secretary
Independent examiner
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
Governance and management
The charity is operated under the rules of its CIO – Association constitution adopted 18 June 2019.
New trustees are elected and co-opted as trustees from amongst the committee members at the AGM under the terms of the constitution.
Objectives and activities
The principal objects of the charity are:
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To promote the benefit of the inhabitants of Bakersfield and the neighbourhood, without distinction of gender, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations, in common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants;
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Establish, or secure the establishment of a community centre and to maintain and manage the same (whether alone or in co-operation with any local authority or other person or body) in furtherance of these objects;
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To promote such other charitable purposes as may from time to time be determined.
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Bakersfield & Neighbourhood Community Association
Summary of the main activities undertaken for the public benefit
We provide affordable room space and facilities to promote education, fitness and social interaction. The public can engage in activities like Zumba, Slimming World classes, ESOL and cake baking classes. They can also benefit from the use of the nursery and access help and support from the groups that use the centre, such as NHS services.
Public benefit statement
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
Summary of the main achievements during the period
We have continued to offer affordable room hire to the local community and neighbourhood. This has given local people the opportunity to engage with other people from the community whilst taking part in classes and activities that are available.
The charity’s policy on reserves
We do not have a written policy on reserves but we are constantly reviewing our finances.
Risk analysis
The increase in outgoings and a reduction in the Area Based Grant is a worry. We would like to thank Nottingham City Council for their continued support.
Signed on behalf of the charity’s trustees:
Signed ______ Date _ David Mellen, Trustee
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Independent examiner’s report to the trustees of Bakersfield & Neighbourhood Community Association for the year ended 31 March 2022
I report to the trustees on my examination of the accounts of Bakersfield & Neighbourhood Community Association (the charity) for the year ended 31 March 2022.
Responsibilities and basis of report
As the trustees of the charity 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 charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records.
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.
Signed ____ Date _______ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
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Bakersfield & Neighbourhood Community Association Receipts & payments account for the year ended 31 March 2022
| 2021 Total Unrestricted Funds Funds £ Note £ Receipts 42083 Grants & donations 2 37630 287 Subscriptions & membership 648 7321 Room rents 27558 3 Bank interest - 155 Storage 85 49849 Total receipts 65921 Payments 40892 Wages, NI & pension 42185 1146 Payroll service 1044 20 Travel & subsistence 30 5212 Utilities 4627 762 Cleaning & hygiene 1884 680 Insurance - 405 Telephone & internet 371 502 Printing, stationery & postage 621 1402 Publications, subscriptions & licences 72 580 Equipment, repairs & renewals 3592 8 Hospitality 73 421 Independent examination fee - 182 Sundry payments 314 52212 Total payments 54813 (2363) Net receipts/(payments) 11108 18708 Cash funds at start of this period 14809 16345 Cash funds at end of this period 25917 |
2022 Restricted Total Funds Funds £ £ 5736 43366 - 648 - 27558 - - - 85 5736 71657 - 42185 - 1044 - 30 3357 7984 - 1884 163 163 - 371 - 621 1700 1772 - 3592 - 73 516 516 - 314 5736 60549 - 11108 1536 16345 1536 27453 |
|---|---|
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Bakersfield & Neighbourhood Community Association Statement of assets and liabilities at 31 March 2022
| 2021 £ Cash assets Note 16294 Bank accounts 51 Cash in hand 16345 Other monetary assets 4027 Debtors - Room rents 617 Prepayments 4 4644 Assets retained for the charity’s own use General equipment. Liabilities (1124) Creditors 5 (1124) |
2022 £ 27418 35 |
|---|---|
| 27453 | |
| 7978 625 |
|
| 8603 | |
| (1423) | |
| (1423) |
These financial statements are accepted on behalf of the charity by:
Signed _____ Dated _____ Marilyn Livesey, Trustee
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Bakersfield & Neighbourhood Community Association Notes to the accounts for the year ended 31 March 2022
1. Receipts & payments accounts
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
2. Grants & donations
| Nottingham City Council HMRC JRS Sundry donations Funds analysis Restricted funds Block fund Local Community Fund (COOP) Unrestricted funds General |
Unrestricted £ 30336 7004 290 37630 Opening Receipts balance £ £ 5736 1536 - 1536 5736 14809 65921 14809 65921 |
Unrestricted £ 30336 7004 290 37630 Opening Receipts balance £ £ 5736 1536 - 1536 5736 14809 65921 14809 65921 |
Restricted £ 5736 - - 5736 (Payments) £ (5736) - (5736) (54813) (54813) |
Total £ 36072 7004 290 43366 Closing balance £ - 1536 |
|
|---|---|---|---|---|---|
| 5736 | 1536 | ||||
| 65921 | 25917 | ||||
| 65921 | 25917 |
3. Funds analysis
The Nottingham City Council Block fund was used to help with the running costs of the centre.
The Co-op Local Community grant is to help with renewing equipment in the centre and will be used towards the first repayment for the LED lighting as explained in note 8.
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Bakersfield & Neighbourhood Community Association
4. Prepayments
| Publications, subscriptions & licences Cleaning & hygiene |
£ 458 167 |
|---|---|
| 625 |
5. Creditors
| Independent examination fees Utilities Telephone & internet Wages, NI & pension |
£ 528 846 31 18 |
|---|---|
| 1423 |
6. Premises & staff
The premises are provided by the local authority.
7. Trustees’ remuneration
One Trustee, Joanne Flint is employed by the Charity and was paid a total of £2,529.
8. Long term commitments
LED Lighting.
The replacement of antiquated & inefficient light fittings with LED’s. A repayment schedule commencing 1.10.22 and each year after that to repay a total amount of £10,404.98 over 7 years.
9. Glossary of terms
Creditors: These are amounts owed by the charity, but not paid during the accounting period.
Debtors: These are amounts owed to the charity, but not received in the accounting period.
Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.
Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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