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Check List document7925687841382489585.xlsx 1 11/25/2021
Hayling Island Community Centre Association CIO Small company/FRS102
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Check List document7925687841382489585.xlsx 2 11/25/2021
**Template his** Version
Jan 2021 Apr 2020 Nov 2019 Sep 2017 Sep 2017 Sep 2017 May 2017 May 2017 May 2017 May 2017 Mar 2017 Mar 2017 Mar 2017 Mar 2017 Feb 2017 Feb 2017 Nov 2016
History document7925687841382489585.xlsx 3 11/25/2021
**story** Change
The audit report has been updated in accordance with the FRC Bulletin: I _llustrative auditor’s reports on United Kingdom private sector financial statements(March 2020)._ The changes apply to accounting periods commencing on or after 15 December 2019
Notes. Average number of employees. AutoHide has been removed from the note so that is always displays, even when zero
Audit report. Bannerman clause moved to end of audit report in accordance with ICAEW Technical Release 01/03AAF (Revised)
Creditors note. Corporation tax is now included under _Taxation and social security costs_ . There is no requirement in the Small Company Accounts Regulations to show it separately.
Profit and loss account. The words _ordinary activities_ have been removed from the profit and taxation rows.
Chartered Accountants' assurance report. The spelling of the word _responsibilities_ has been corrected.
The audit report has been updated in accordance with the FRC Bulletin: _Compendium of illustrative auditor’s reports on United Kingdom private sector financial statements for periods commencing on or after 17 June 2016_
Fixed asset investment note. Revaluation line added
Current asset investment note added
Chartered Accountants' reports. Web reference and reference to 07/16 AAF updated
Notes to the accounts. The audit information note has been reformatted and tagged. Companies House now accept the on-line filing of small company audited filleted accounts. These do not contain an audit report but instead have an audit information note.
Accounting policies - Basis of preparation. The words _as applied to small entities by section 1A of the standard_ added.
Accounting policies - Investments. Wording expanded
Notes to the accounts. Other financial commitments note. The formula in the comparative column has been corrected
Tax computation. Expensive cars pool removed
Statement of changes in equity. _Profit for the financial year_ text correctly automated
First release
History document7925687841382489585.xlsx 4 11/25/2021
**Hayling Island Community Centre Association CIO Data not obtained from trial balance AutoHide is on** _Enter data in the white spaces Enter numbers as + unless indicated_ Current year Units (eg £ or £000) £ _include a trailing spa_ Company registration number 1184759 Date Approval date of the accounts by the board 10/21/2021 Date Date of signing on the audit/accountants report 10/21/2021 Date of engagement letter (required for Date CA and ACCA reports) Person signing directors' report: Name of director Mrs L M George Or, name of secretary Name of director signing balance sheet Mrs L M George Address of registered office: Address line 1 Address line 2 City or town County or region Postcode Name of senior statutory auditor Name of auditors/accountants AccountArt Buisness Services Ltd Type of firm (eg Chartered Accountants) Chartered Certified Accountants Address of auditors/accountants Address line 1 5 St Thomas Avenue Address line 2 City or town Hayling Island County or region Hampshire Postcode PO11 0ET Prior year adjustments (+ for a gain; - for a loss) £ Correction of prior year errors Effect of retrospective changes in accounting policies More info on prior year adjustments Number Average number of persons employed by the company 6 Freehold land & buildings if revalued amounts shown in trial balance: £ historical cost
Data document7925687841382489585.xlsx 5 11/25/2021
|**Hayling Island Community Centre Association CIO**
**Data not obtained from trial balance**
**AutoHide is on**
_Enter data in the white spaces Enter numbers as + unless indicated_
Current year|**Hayling Island Community Centre Association CIO**
**Data not obtained from trial balance**
**AutoHide is on**
_Enter data in the white spaces Enter numbers as + unless indicated_
Current year|**Hayling Island Community Centre Association CIO**
**Data not obtained from trial balance**
**AutoHide is on**
_Enter data in the white spaces Enter numbers as + unless indicated_
Current year|
|---|---|---|
|cumulative depreciation based on cost|||
|Historical cost of fxed asset investments
£|||
|Investments in subsidiaries
Other investments|||
|£|||
|Amounts due after more than one year included in debtors|||
|Amounts included in creditors falling due for payment
after more than fve years:
£|||
|Payable otherwise than by installment
Payable by installment|||
|£|||
|Secured bank loans included in creditors|||
|Capital commitments:
£|||
|contracted|||
|Total future payments due under non-cancellable
£|||
|operating leases|||
Data document7925687841382489585.xlsx 6 11/25/2021
Comparative _ace_
Number 6 £
Data document7925687841382489585.xlsx 7 11/25/2021
Comparative £ £ £ £ £ £
Data document7925687841382489585.xlsx 8 11/25/2021
Hayling Island Community Centre Association CIO
Report and Accounts
31 December 2020
Hayling Island Community Centre Association CIO
Filleted Accounts
31 December 2020
**Hayling Island Community Centre Association CIO Registered number: 1184759 Trustees Report**
The trustees present their report and accounts for the period ended 31 December 2020.
## **Governing Document**
The organisation is a Charitable Incorporated Organisation and was registered on 5th A The charity is governed by a Constitution dated 5th August 2019.
## **Objectives and Activities**
The Association manages and rents accommodation to local groups and clubs. The objects of the cha of the inhabitants of Hayling Island without distinction of sex, gender or political or religious or other op authorities, voluntary organisations and inhabitants in a common effort to advance education and to pr of social welfare for recreation and leisure-time occupation with the object of improving the conditions o To establish or secure the establishment of a community centre (hereinafter called the centre), and to m operate with any local statutory authority in the maintenance and management of such a centre for act and its constituent bodies in furtherance of the above objects.
## **Trustees**
The following persons served as Trustees during the period:
Mr A P Lenaghan Mrs G M Bridgeman Mr M R Standing Mr W H Taylor Mrs M C Rose Mr I R Gray Mrs A O'Hare Mrs L M George Mrs K A Dando Mr B T Fuller Mrs M E M Ingram Mrs J R Radford
**Direction, management and service delivery** The Trustees have reassessed the future direction for the Association having reviewed environmental tr have adopted a set of assumptions upon which to approve business strategies, plans and targets to im **The** re i tru **s** tees are required no minimum or maximum length of service and all new trustees have a bto make judgements and assessments in the process of prep **a** ring the accounsic review mad Monthly, quarterly and other systems are used to monitor and adjust performance and to assess and mbackground including a check with the Criminal Records Bureau before they are acceptthey are responsible for ensuring that the accounting records comply with accounting r **e** d.gulations. Fina outside inspection agencies periodically review aspects of performance.safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detect irregularities.
The Trustees are responsible for reviewing and developing visions of the future, fundamental direction, Managements’ annual business plan, monitoring and supporting the management’s execution of appro
A Management Team led by a Centre Manager delivers a business plan approved by the Board, an offer service to the local residents. It reports to the Board quarterly, as a minimum.
## **Achievements and Performance**
2020 has been a difficult year with many enforced closures of the centre during the pandemic. This ha income of the centre. A fundraising campaign was therefore set up to encourage local residents to help future with a target of £60,000. This has currently reached £50,000 although this was only £27,307 at December 2020.
## **Financial Review**
The charity's main source of income is from rents receivable. For the current year, the Income and Expenditure Account shows a net surplus of £67,703 and the assets and reserves stand at £ 67,703 in assets set out on the Balance Sheet.
## **Investment & Reserves Policy**
11
**Hayling Island Community Centre Association CIO Registered number: 1184759 Trustees Report**
The charity periodically reviews its investment policy to establish whether funds can be invested, rein have typically been held in bank accounts. All interest earned is re-invested.
Monies have been invested in treasury deposits which earn interests.
## **Trustees Responsibilities**
The trustees and directors are responsible for preparing the report and accounts in accordance with ap Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare accounts for each financial year which give a true and fa affairs of the company and of the profit or loss for that period. In preparing those accounts, the directo
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for maintaining proper accounting records which disclose with reasonable financial position of the company and to enable them to ensure that the accounts comply with the Com also responsible for safeguarding the assets of the company and hence for taking reasonable steps for detection of fraud and other irregularities.
This report was approved by the board on 21 October 2021 and signed by its order.
Mrs L M George Trustee Secretary
12
.
## August 2019.
arity are to promote the benefit pinions by associating the local rovide facilities in the interest of life for the said inhabitants. maintain and manage or to cotivities promoted by the CIO
rends and opportunities. We mprove performance.nts periodically. Furthermore de into their manage risk. A number of ally they are responsible for tion of fraud and other
for approving the ved plans.
ring to the market and a
s had a dramatic effect on the p support the centre for the the period ended 31st
n total
13
nvested or reallocated. Monies
plicable law and United
air view of the state of ors are required to:
e accuracy at any time the mpanies Act 2006. They are the prevention and
14
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **HAYLING ISLAND COMMUNITY CENTRE ASSOCIATION CIO**
I report on the accounts of the Charity for the year ended 31 December 2020, which are set out on pa
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees cons required for this year (under section 144 of the Charities Act 2011 (the 2011 Act)) and that an indepe
It is my responsibility to:
- examine the accounts (under section 145 of the 2011 Act);
- to follow the procedures laid down in the General Directions given by the Charity Commission (und 2011 Act); and
- to state whether particular matters have come to my attention.
We have carried out this engagement in accordance with technical guidance issued by the Institute o England and Wales and have complied with the ethical guidance laid down by the Institute relating to **Basis of independent examiner’s report** compilation of accounts.
My examination was carried out in accordance with the General Directions given by the Charity Comm You have acknowledged on the balance sheet as at XXXXXXX your duty to ensure that the company h includes a review of the accounting records kept by the charity and a comparison of the accounts pre records and to prepare accounts that give a true and fair view under the Companies Act 1985. You co also includes consideration of any unusual items or disclosures in the accounts, and seeking explanat exempt from the statutory requirement for an audit for the year. concerning any such matters. The procedures undertaken do not provide all the evidence that would consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting re
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of th
## **V J Rogers FCCA**
## **Chartered Certified Accountant**
## **AccountArt**
**5 St Thomas Avenue Hayling Island Hampshire PO11 0ET**
## **Date:**
15
ages 2 to 9.
sider that an audit is not endent examination is needed.
der section 145(5)(b) of the
of Chartered Accountants in o members undertaking the
mission. An examination has kept proper accounting esented with those records. It onsider that the company is tions from you as trustees be required in an audit, and
equirements of the 2011 Act
he accounts to be reached.
16
## **Hayling Island Community Centre Association CIO**
## **Report to the directors on the preparation of the unaudited statutory accounts Island Community Centre Association CIO for the period ended 31 December 202**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prep approval the accounts of Hayling Island Community Centre Association CIO for the per December 2020 which comprise of the Profit and Loss Account, the Balance Sheet, the Changes in Equity and the related notes from the company’s accounting records and from and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
AccountArt Buisness Services Ltd Chartered Certified Accountants 5 St Thomas Avenue Hayling Island Hampshire PO11 0ET
21 October 2021
17
## **of Hayling 20**
pared for your riod ended 31 Statement of m information
e subject to its
of Chartered
18
**Hayling Island Community Centre Association CIO Income and Expenditure Account for the period from 5 August 2019 to 31 December 2020**
## **Turnover**
Cost of sales
## **Gross surplus**
Administrative expenses
## **Operating surplus**
Interest receivable
## **Surplus before taxation**
Tax on profit
## **Surplus for the period**
19
**2020 £**
230,649
(31,622)
199,027
(131,813)
67,214
226
67,440
-
67,440
20
**Hayling Island Community Centre Association CIO Registered number: Balance Sheet as at 31 December 2020**
1184759
|**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
5
**Net current assets**
**Creditors: amounts falling due within**
**one year**|79,738
18,916|
|---|---|
||98,654
(44,394)|
|||
## **Net assets**
## **Capital and reserves**
Net assets account
## **Shareholder's funds**
The directors are satisfied that the company is entitled to exemption from the to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance 476 of the Act.
The trustees acknowledge their responsibilities for complying with the require Companies Act 2006 with respect to accounting records and the preparation of
The accounts have been prepared and delivered in accordance with the spec applicable to companies subject to the small companies regime. The profit and has not been delivered to the Registrar of Companies.
Mrs L M George Director Approved by the board on 21 October 2021
21
**2020 9 £ £**
13,180
54,260 67,440 67,440 67,440
e requirement
e with section ements of the f accounts.
cial provisions d loss account
22
**Hayling Island Community Centre Association CIO Notes to the Accounts for the period from 5 August 2019 to 31 December 2020**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accorda 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland small entities by section 1A of the standard).
## _**Turnover**_
Turnover is measured at the fair value of the consideration received or receivable, ne and value added taxes. Turnover includes revenue earned from the sale of goods rendering of services. Turnover from the sale of goods is recognised when the signific rewards of ownership of the goods have transferred to the buyer. Turnover from the services is recognised by reference to the stage of completion of the contract. completion of a contract is measured by comparing the costs incurred for work perfo to the total estimated contract costs.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets, other than fre rates calculated to write off the cost, less estimated residual value, of each asset e expected useful life, as follows:
Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery 10% reducing balance Fixtures, fittings, tools and equipment 10% reducing balance
## _**Debtors**_
Short term debtors are measured at transaction price (which is usually the invoice p impairment losses for bad and doubtful debts. Loans and other financial assets recognised at transaction price including any transaction costs and subsequently amortised cost determined using the effective interest method, less any impairment and doubtful debts.
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice and other financial liabilities are initially recognised at transaction price net of an costs and subsequently measured at amortised cost determined using the effe method.
23
## **Hayling Island Community Centre Association CIO Notes to the Accounts for the period from 5 August 2019 to 31 December 2020**
## _**Leased assets**_
A lease is classified as a finance lease if it transfers substantially all the risks incidental to ownership. All other leases are classified as operating leases. The righ obligations under finance leases are initially recognised as assets and liabilities at a to the fair value of the leased assets or, if lower, the present value of the m payments. Minimum lease payments are apportioned between the finance cha reduction in the outstanding liability using the effective interest rate method. The fina allocated to each period during the lease so as to produce a constant periodic rate the remaining balance of the liability. Leased assets are depreciated in accorda company's policy for tangible fixed assets. If there is no reasonable certainty that own obtained at the end of the lease term, the asset is depreciated over the lower of the le its useful life. Operating lease payments are recognised as an expense on a straight l the lease term.
## _**Pensions**_
Contributions to defined contribution plans are expensed in the period to which they r
|**2**|**Employees**|**2020**|
|---|---|---|
|||**Number**|
||Average number of persons employed by the company|6|
24
**Hayling Island Community Centre Association CIO Notes to the Accounts**
**for the period from 5 August 2019 to 31 December 2020**
## **3 Tangible fixed assets**
## **Cost**
Transferred from HICCA charity At 31 December 2020
## **Depreciation**
Charge for the period At 31 December 2020
## **Net book value**
At 31 December 2020
## **4 Debtors**
|||
|---|---|
|**Debtors**
Trade debtors
Project Funds
Tennis Account
Rates rewards
Other debtors|**2020**
**£**
(3,540)
35,224
35,530
9,518
3,006|
||79,738|
## **5 Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**
HPP
Trade creditors
Save our Centre fund
Taxation and social security costs
Other creditors|**2020**
**£**
8,627
13
27,307
1,492
6,955|
|---|---|
||44,394|
## **6 Other information**
Hayling Island Community Centre Association CIO is a private company limited b incorporated in England. Its registered office is:
25
ance with FRS (as applied to
et of discounts and from the i cant risks and e rendering of The stage of ormed to date
accumulative eehold land, at venly over its
rice), less any s are initially measured at losses for bad
e price). Loans ny transaction ective interest
26
and rewards hts of use and mounts equal inimum lease arge and the ance charge is of interest on ance with the nership will be ease term and ine basis over
elate.
27
**Plant and machinery etc £**
14,645 14,645
1,465 1,465 13,180
by shares and
28
## **Hayling Island Community Centre Association CIO Detailed profit and loss account for the period from 5 August 2019 to 31 December 2020**
_This schedule does not form part of the statutory accounts_
|**Sales**
Cost of sales
**Gross proft**
Administrative expenses
**Operating proft**
Interest receivable
**Proft before tax**|**2020**
**£**
230,649
(31,622)|
|---|---|
||199,027
(131,813)|
||67,214
226|
||67,440|
29
## **Hayling Island Community Centre Association CIO Detailed profit and loss account for the period from 5 August 2019 to 31 December 2020**
_This schedule does not form part of the statutory accounts_
|**Sales**
Room hire
Restricted donations
Hayling Helper
Government Grants
Donations
Subscriptions
Coach trips
Other income
**Cost of sales**
Card fees
Coach trip refunds
Cleaning and waste disposal
Function costs
Fundraising
Hayling Helper expense
T@the Park debt written of
**Administrative expenses**
Employee costs:
Wages and salaries
Pensions
Employer's NI
Staf training and welfare
Premises costs:
Light and heat
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Ofce costs
Licenses and Professional fees
Bank charges
Insurance
Equipment expensed
Software
Repairs and maintenance
Depreciation
Sundry expenses
Legal and professional costs:
Advertising and PR|**2020**
**£**
61,267
2,688
13,279
105,686
12,707
1,909
7,690
25,423|
|---|---|
||230,649|
||3,493
6,865
6,480
293
1,652
3,662
9,177|
||31,622|
||82,691
1,778
3,547
77|
||88,093|
||15,180|
||15,180|
||1,831
21
1,932
845
5,440
953
2,091
198
793
3,334
1,465
8,354|
||27,257|
||469|
30
## **Hayling Island Community Centre Association CIO Detailed profit and loss account for the period from 5 August 2019 to 31 December 2020**
_This schedule does not form part of the statutory accounts_
|Other legal and professional|**2020**
**£**
814|
|---|---|
||1,283|
31
## **Hayling Island Community Centre Association CIO Data for corporation tax computation**
Please check the tax computation carefully. VT Software Limited accepts no responsibility or liab correctness of the numbers, assumptions, tax rates and calculations in this template. Yo template and associated software entirely at your own risk. If in doubt, please consult a profe advisor.
Please note that the capital allowances sheet (CapAllow) provides a template for your own wo does not automatically calculate allowances.
You must click the Re-evaluate AutoHide button if any numbers in the tax computation are chan with data on may remain hidden if you do not.
|Tax reference (10 digits no spaces)||
|---|---|
|First day of return/accounting period
08/05/2019
Last day of return/accounting period
12/31/2020
First day of period covered by statutory accounts
08/05/2019
Last day of period covered by statutory accounts
12/31/2020||
||08/05/2019
12/31/2020|
|An accounting period for corporation tax purposes cannot exceed 12 months. Click here for more|An accounting period for corporation tax purposes cannot exceed 12 months. Click here for more|
|---|---|
|
Units
£
£
Proft /(loss) before tax per the accounts
67,440
Disallowable expenses
£
Entertainment
-
Legal & professional fees
Parking fnes
Depreciation and proft/(loss) on sale of assets
1,465
Other
_Enter any further items directly into the adjustment of profts section on the TaxComp sheet_
Donations
£
Qualifying donations to UK charities
Other donations
Non-trading income
£
Interest receivable
226
Property income
Gain/(loss) on revaluation of investments
-
Franked investment income
-
Other income not taxable
Other adjustments
£
Finance lease adjustments||
|Finance lease adjustments||
|Leased cars
Other operating lease adjustments||
|---|---|
|£||
|Dividends payable on non-equity shares included in interest payable|-|
|£||
|Losses utilised||
bility for the ou use this essional tax orkings but nged. Rows
e help.
_t_
## **Hayling Island Community Centre Association CIO Corporation tax computation Tax reference Period beginning Period ending Accounts period beginning Accounts period ending**
## **Adjustment of trading profits**
Profit before tax per the accounts
Add back disallowable expenses Depreciation and (profit)/loss on sale of assets
Deduct non-trading income Interest receivable
Adjusted trading profit
## **Taxable profits**
Trading profit 68,679
Interest receivable
Taxable profit
## **Days in accounting period falling in each tax year**
**Tax year** #N/A
**Days falling in tax year** #N/A -
## **Corporation tax payable**
**Tax year** #N/A Corporation tax payable
**Taxable profit Tax rate** #VALUE! #NAME? 68,905
35
**0 5/08/19 31/12/20 5/08/19 31/12/20**
**£**
67,440
1,465
(226)
68,679
**£**
68,679 226 68,905
## **Days in year**
365
**Corp Tax** #NAME? #NAME?
36
|**Hayling Island Community Centre Association CIO**
**Capital allowances**
**Tax reference**
**Period beginning**
**Period ending**
**Summary**
Total capital allowances|**0**
**5/08/19**
**31/12/20**
**£**|
|---|---|
||-|
37
|**Hayling Island Community Centre Association CIO**
**Chargeable gains**
**Tax reference**
**Period beginning**
**Period ending**
Gross chargeable gains
Allowable losses
Net chargeable gains|**0**
**5/08/19**
**31/12/20**
**£**
-
-|
|---|---|
||-|
_A computation of each gain or loss can be included below. The amounts should be tagged Set Tag (Comprehensive) button. In the Set Tag (Comprehensive) dialog, select 'Chargeabl the drop down list at the top to see the available tags._
38
l using the
le gains, in
39
_Formula driven text is placed here and then referred to by cells in the main body of the accounts_
_To indicate that the company has only one director, or that the sole director is female, click on the Workbook Properties button (second button on the VT toolbar)_
## _Directors report and balance sheet_
The trustees present their report and accounts for the period ended 31 December 2020.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
for the year ended 31 December 2020 for the period ended 31 December 2020 for the period from 5 August 2019 to 31 December 2020
for the period from 5 August 2019 to 31 December 2020 for the period ended 31 December 2020 period
s s' present their are
The trustees acknowledge their responsibilities for
complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The following persons served as Trustees during the period:
for the information of the directors only
## _Statement of directors responsibilities_
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year.
Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Library document7925687841382489585.xlsx 40 11/25/2021
## _Directors report and balance sheet_
Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.
In preparing these accounts, the directors are required to:
select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## _Accountants and auditors reports_
We have audited the accounts of Hayling Island Community Centre Association CIO (the 'company') for the period ended 31 December 2020 which comprise
the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity
## and the related notes
and notes to the accounts, including significant accounting policies . The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
give a true and fair view of the state of the company's affairs as at
31 December 2020 and of its profit for the period then ended;
As explained more fully in the Statement of Directors' Responsibilities, the directors are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view. Our responsibility is to audit and express an opinion on the accounts in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board's (APB's) Ethical Standards for Auditors.
In our opinion, based on the work undertaken in the course of the audit, the information given in the Directors' Report for the financial period for which the accounts are prepared is consistent with the accounts and has been prepared in accordance with applicable legal requirements.
In accordance with your instructions, we have prepared the accounts which comprise from the accounting records of the company and on the basis of information and explanations you have given to us.
You consider that the company is exempt from an audit for the period ended 31 December 2020.
Library document7925687841382489585.xlsx 41 11/25/2021
## _Directors report and balance sheet_
You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.
financial period financial period.
In accordance with the engagement letter dated 0 January 1900 , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the accounts of the company which comprise
from the accounting records and information and explanations you have given to us.
You have acknowledged on the balance sheet as at 31 December 2020 your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
You consider that the company is exempt from the statutory requirement for an audit for the
## period.
We have reviewed the accounts of Hayling Island Community Centre Association CIO for the period ended 31 December 2020, which comprise
This report is made solely to the Company’s directors, as a body, in accordance with the terms of our engagement letter dated 0 January 1900.
Our review has been undertaken so that we might state to the company's directors those matters we have agreed with them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company’s directors as a body for our work, for this report or the conclusions we have formed.
so as to give a true and fair view of the state of the Company’s affairs as at 31 December 2020, and of its profit for the period then ended;
## _ACCA report_
This report is made solely to the Board of Directors of Hayling Island Community Centre Association CIO, as a body, in accordance with the terms of our engagement letter dated 0 January 1900 Our work has been undertaken solely to prepare for your approval the accounts of Hayling Island Community Centre Association CIO and state those matters that we have agreed to state to the Board of Directors of Hayling Island Community Centre Association CIO, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
in accordance with ICAEW Technical Release 07/16 AAF.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hayling Island Community Centre Association CIO and its Board of Directors as a body for our work or for this report.
Library document7925687841382489585.xlsx 42 11/25/2021
## _Directors report and balance sheet_
It is your duty to ensure that Hayling Island Community Centre Association CIO has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hayling Island Community Centre Association CIO
You consider that Hayling Island Community Centre Association CIO is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Hayling Island Community Centre Association CIO.
For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the
Library document7925687841382489585.xlsx 43 11/25/2021
Library document7925687841382489585.xlsx 44 11/25/2021
## **Hayling Island Community Centre Association CIO Workings at 31 December 2020**
|**Intangible fxed assets previous years**
Goodwill:
**Cost**
B/fwd
Additions
Disposals
C/fwd
**Amortisation**
B/fwd
Provided during the year
On disposals
C/fwd
Net book value
Net book value b/fwd per current year trial balance|**£**
-
-
-|
|---|---|
||-|
||-
-
-|
||-|
||-|
||-|
_The workings below form the basis for the Fixed asset note. Whenever AutoHide is tu or off the appropriate columns below are re-copied to the Notes sheet._ **Tangible fixed assets**
|**Cost**
B/fwd
Additions
Surplus on revaluation
Disposals
C/fwd
**Depreciation**
B/fwd
Charge for the year
Surplus on revaluation
On disposals
C/fwd
**Net book value**
C/fwd
B/fwd|**£**
-
-
-
-
-
-
-
-
-
-
-
-
**Land and**
**buildings**|**£**
-
14,645
-
-
14,645
-
1,465
-
-
1,465
13,180
-
**Plant and**
**machinery**
**etc**|**£**
-
-
-
-
**Motor**
**vehicles**|
|---|---|---|---|
||||-|
||||-
-
-
-|
||||-|
||||-|
||||-|
## **Tangible fixed assets previous year**
||**Plant and**||
|---|---|---|
|**Land and**|**machinery**|**Motor**|
|**buildings**|**etc**|**vehicles**|
45
|**Cost**
B/fwd
Additions
Surplus on revaluation
Disposals
C/fwd
**Depreciation**
B/fwd
Charge for the year
Surplus on revaluation
On disposals
C/fwd
Net book value|**£**
-
-
-
-
-
-
-
-
-
-
-|**£**
-
-
-
-
-
-
-
-
-
-
-|**£**
-
-
-
-|
|---|---|---|---|
||||-|
||||-
-
-
-|
||||-|
||||-|
_The workings below form the basis for the Investments note. Whenever AutoHide is or off the appropriate columns below are re-copied to the Notes sheet._ **Investments**
|**Investments in**
**subsidiary**
**undertakings**
**£**
**Cost**
B/fwd
-
Additions
-
Revaluation
-
Disposals
-
C/fwd
-
**Historic cost**
B/fwd
-
C/fwd
-|**Other**
**investments**
**£**
-
-
-
-|
|---|---|
||-|
||-|
||-|
## **Investments previous year**
|**Investments in**
**subsidiary**
**undertakings**
**£**
**Cost**
B/fwd
-
Additions
-
Revaluation
-
Disposals
-
C/fwd
-|**Other**
**investments**
**£**
-
-
-
-|
|---|---|
||-|
## **Deferred tax**
|||
|---|---|
|**Deferred tax**|**Current year**|
||**£**|
|B/fwd|-|
46
Charged to profit and loss Charged to other comprehensive income
- - -
47
## _urned on_
**Total £** - 14,645 - - 14,645
- 1,465 - - 1,465
13,180 -
**Total**
48
## **£**
- - - - -
- - - - - -
_turned on_
**Total £** - - - - -
## **Total £** - -
- - -
**Comp year £**
-
49