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2021-11-30-accounts

Company registration number: 11689521 Charity registration number: 1186704

Abbotshall Healthy Lifestyle Centre

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 30 November 2021

Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 0RB

Abbotshall Healthy Lifestyle Centre

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 6
Independent Examiner's Report 7 to 8
Statement of Financial Activities 9
Balance Sheet 10 to 11
Notes to the Financial Statements 12 to 21

Abbotshall Healthy Lifestyle Centre

Reference and Administrative Details

Trustees Collin Bryan
Frank Hooks
Penny Marshall
Gladys Arlidge
David Frederick
Charity Registration Number 1186704
Company Registration Number 11689521
Registered Office Healthy Lifestyle Centre
Abbotshall Road
London
SE6 1SQ
Independent Examiner Field Sullivan Limited
9 Hare & Billet Road
Blackheath
SE3 0RB
Bankers Santander
162 Rusehy Green
Catford
London
SE6 4JT

Page 1

Abbotshall Healthy Lifestyle Centre

Trustees' Report

Objectives and activities

Objects and aims

Community centre – To benefit the residents of South Catford and the surrounding area without distinction of sex, sexual orientation, race, of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

The provision of recreational facilities to promote wider community inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.

Supporting young and older people living in or near South Catford by providing facilities for physical, educational and other recreational and leisure activities.

Objectives and activities

The Centre provides for a range of community activities focusing on sports, heathy living and volunteering. These include:

Page 2

Abbotshall Healthy Lifestyle Centre

Trustees' Report

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Use of volunteers

Currently, we have 5 volunteers serving on the Board in various capacities and holding office. These are NOT remunerated roles.

We also have a number of volunteers supporting the delivery of our operations including a community garden space

Achievements and performance

The COVID-19 restrictions greatly impacted the charities ability to offer the full range of services and support.

However, during non-restrictive COVID periods, the café opened to the community, providing a local hub for the isolated and families. Also facilitating outdoor activities, of soft play provided supported those in need of social stimulation, and a safe space.

Supporting the development of individuals in the community through upskilling volunteers, and wider support in the community through provision of a free breakfast at the centre for school aged children.

In addition to the community garden supported by volunteers providing an outdoor space to cultivate healthy foods (vegetables) for consumption on site.

Financial review

This year the charity generated £147,066 with a total expenditure of £137,413.

Policy on reserves

The reserves are held to ensure the AHLC can continue to grow to support the community. £22,138 was held as carried forward funds as at 30 November 2021.

Principal funding sources

Revenue from hire of field (football) and studio rooms, the café, Grant income, crowd funding and Bounce Back Loan.

Page 3

Abbotshall Healthy Lifestyle Centre

Trustees' Report

Going concern

During the COVID-19 restrictions, services and activities could not proceed as per the norm, however, outdoor activities continued where possible within the Government guidelines.

Structure, governance and management

Nature of governing document

Abbotshall Healty Lifestyle Centre is charitable Company limited by guarantee and is governed by its Memorandum and Articles incorporated in November 2018 and as amended by special resolution in November 2021.

Recruitment and appointment of trustees

Trustees are elected to the board by members. The articles require that members stand down each year and potential trustees are voted onto the board at the charity’s AGM.

Trustees are appointed in line with the charity commission guidelines

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Collin Bryan Frank Hooks Penny Marshall (appointed 8 February 2022) Gladys Arlidge (appointed 8 February 2022) David Frederick

Funds held as custodian trustee on behalf of others

AHLC Building AHLC Playfields AHLC storage cupboards

Page 4

Abbotshall Healthy Lifestyle Centre

Trustees' Report

Our Assets are owned by the London Borough of Lewisham which are given to the Charity as part of the Lease arrangements for managing the AHLC, for the benefit of the community living in the Catford South Ward

Our Objects are:

  1. Community centre – To benefit the residents of South Catford and the surrounding area without distinction of sex, sexual orientation, race, of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.

  2. The provision of recreational facilities to promote wider community inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.

  3. Supporting young and older people living in or near South Catford by providing facilities for physical, educational and other recreational and leisure activities.

Statement of Responsibilities

The trustees (who are also the directors of Abbotshall Healthy Lifestyle Centre 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), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. 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 charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 5

Abbotshall Healthy Lifestyle Centre

Trustees' Report

The annual report was approved by the trustees of the charity on 24 November 2022 and signed on its behalf by:

......................................... David Frederick Trustee

Page 6

Abbotshall Healthy Lifestyle Centre

Independent Examiner's Report to the trustees of Abbotshall Healthy Lifestyle Centre ('the Company')

I report to the charity trustees (who are also Directors for the purpose of company law) on my examination of the accounts of the Abbotshall Healthy Lifestyle Centre (‘the charitable company’) for the year ended 30 November 2021 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. 9 21

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. 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 this 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, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity’s trustees of Abbotshall Healthy Lifestyle Centre 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 Abbotshall Healthy Lifestyle Centre 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 your charity’s accounts as 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.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

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 Abbotshall Healthy Lifestyle Centre 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).

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 7

Abbotshall Healthy Lifestyle Centre

Independent Examiner's Report to the trustees of Abbotshall Healthy Lifestyle Centre ('the Company')

...................................... Timothy Sullivan FCA Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 0RB

24 November 2022

Page 8

Abbotshall Healthy Lifestyle Centre

Statement of Financial Activities for the Year Ended 30 November 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
Other trading activities
4
Investment income
5
Total income
Expenditure on:
Charitable activities
Total expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
18		 Unrestricted
£
45,457
99,109
-
144,566
(137,551)
(137,551)
7,015
12,485
19,500		 Restricted
£
2,500
-
-
2,500
-
-
2,500
-
2,500		 Total
2021
£
47,957
99,109
-
147,066
(137,551)
(137,551)
9,515
12,485
22,000		 Unrestricted
£
33,435
30,730
7
64,172
(31,663)
(31,663)
32,509
(20,024)
12,485		 Restricted
£
-
-
-
-
(18,666)
(18,666)
(18,666)
18,666
-		 Total
2020
£
33,435
30,730
7
64,172
(50,329)
(50,329)
13,843
(1,358)
12,485

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 18.

The notes on pages 12 to 21 form an integral part of these financial statements. Page 9

Abbotshall Healthy Lifestyle Centre

(Registration number: 11689521) Balance Sheet as at 30 November 2021

Note
Fixed assets
Tangible assets
11
Current assets
Stocks
12
Debtors
13
Cash at bank and in hand
14
Creditors: Amounts falling due within one year
15
Net current assets
Total assets less current liabilities
Creditors: Amounts falling due after more than one year
16
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
18		 2021
£
30,975
-
861
20,344
21,205
(19,028)
2,177
33,152
(11,152)
22,000
2,500
19,500
22,000		 2020
£
12,892
500
1,736
4,791
7,027
(5,793)
1,234
14,126
(1,641)
12,485
-
12,485
12,485

For the financial year ending 30 November 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The notes on pages 12 to 21 form an integral part of these financial statements. Page 10

Abbotshall Healthy Lifestyle Centre

(Registration number: 11689521) Balance Sheet as at 30 November 2021

The financial statements on pages 9 to 21 were approved by the trustees, and authorised for issue on 24 November 2022 and signed on their behalf by:

......................................... David Frederick Trustee

The notes on pages 12 to 21 form an integral part of these financial statements. Page 11

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

1 Charity status

The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.

The address of its registered office is: Healthy Lifestyle Centre Abbotshall Road London SE6 1SQ

These financial statements were authorised for issue by the trustees on 24 November 2022.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102) - Second edition October 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Abbotshall Healthy Lifestyle Centre 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 notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Page 12

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

In the application of the charity’s accounting policies, the directos are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periods in which the estimate is revised where revisions affects only that period, or in the period of the revision and future periods where the revisions affects both current and future periods.

Income and endowments

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 the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Page 13

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £250 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Furniture, fittings and equipment straight line over 5 years

Stock

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 14

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Page 15

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

3 Income from donations and legacies

Unrestricted
General
£
Donations and legacies;
Appeals and donations
5,344
Grants, including capital grants;
HMRC - Job retention scheme
13,533
Bright Ideas
-
London Borough of Lewisham
11,486
LB of Lewisham - Coronavirus
Business Support
9,594
Sport England
-
Power to Change
-
Lewisham Tigers
-
NISA
5,000
CRA
500
45,457
4
Income from other trading activities
Trading income;
Stay and play
Cafe income
Other income
Rental income
5
Investment income
Interest receivable and similar income;
Interest receivable on bank deposits		 Restricted
£
-
-
-
-
-
-
-
2,500
-
-
2,500
Unrestricted
General
£
1,149
60,441
124
37,395
99,109		 Total
2021
£
5,344
13,533
-
11,486
9,594
-
-
2,500
5,000
500
47,957
Total
2021
£
1,149
60,441
124
37,395
99,109
Total
2021
£
-		 Total
2020
£
4,175
3,204
2,500
-
10,000
4,291
9,265
-
-
-
33,435
Total
2020
£
385
14,332
88
15,925
30,730
Total
2020
£
7

Interest receivable and similar income; Interest receivable on bank deposits

Page 16

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

6 Expenditure on charitable activities

6
Expenditure on charitable activities
Note
Opening stock
Cafe purchases
Centre purchases
Closing stock
Casual wages
Staff training
Depreciation, amortisation and other similar costs
Staff costs
9
Support costs
7		 Total
2021
£
500
21,847
1,869
-
3,970
1,212
8,550
78,329
21,274
137,551		 Total
2020
£
-
7,785
1,031
(500)
9,433
28
3,223
14,549
14,780
50,329

7 Analysis of governance and support costs

Support costs

Support costs
Rates
Light, heat and power
Insurance
Repairs and maintenance
Telephone and fax
Office expenses
Computer software and maintenance
Printing, postage and stationery
Trade subscriptions
Sundries
Cleaning
Advertising
Independent examiner
Legal and professional
Bank charges		 Total
2021
£
2,685
4,048
847
2,078
415
180
542
21
816
2,349
90
631
936
5,000
636
21,274		 Total
2020
£
(1,806)
2,248
1,615
4,638
306
887
2,645
-
-
966
1,000
235
1,500
360
186
14,780

Page 17

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

8 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

Natasha Clarkson

Natasha Clarkson received remuneration of £15,408 (2020: £2,330) during the year.

Natasha Clarkson was paid £15,408 in the year as the Centre's Manager. She resigned from the Board in September 2020 when she became an employee.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

9 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Pension costs		 2021
£
77,340
989
78,329		 2020
£
14,500
49
14,549

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

2021 2020
No No
Charitable activities 8 8

No employee received emoluments of more than £60,000 during the year.

10 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 18

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

11 Tangible fixed assets

Cost
At 1 December 2020
Additions
At 30 November 2021
Depreciation
At 1 December 2020
Charge for the year
At 30 November 2021
Net book value
At 30 November 2021
At 30 November 2020
12 Stock
Stocks
13 Debtors
Trade debtors
Prepayments
14 Cash and cash equivalents
Cash on hand
Cash at bank		 Furniture and
equipment
£
16,116
26,632		 Total
£
16,116
26,632
42,748
3,223
8,550
11,773
30,975
12,893
2020
£
500
42,748
3,223
8,550
11,773
30,975
12,893
2021
£
-
2021
£
861
-
861
2021
£
-
20,344
20,344
2020
£
1,165
571
1,736
2020
£
79
4,712
4,791

Page 19

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

15 Creditors: amounts falling due within one year

15 Creditors: amounts falling due within one year
Bank loans
Trade creditors
Other loans
Other taxation and social security
Other creditors
Accruals		 2021
£
2,848
785
1,641
1,913
9,420
2,421
19,028		 2020
£
-
-
1,838
508
115
3,332
5,793

16 Creditors: amounts falling due after one year

Bank loans
Other loans		 2021
£
11,152
-
11,152		 2020
£
-
1,641
1,641

17 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £989 (2020 - £49).

18 Funds

Unrestricted
General
General Funds
Restricted
Lewisham Tigers
Total funds		 Balance at 1
December 2020
£
12,485
-
12,485		 Incoming
resources
£
144,566
2,500
147,066		 Resources
expended
£
(137,551)
-
(137,551)		 Balance at 30
November
2021
£
19,500
2,500
22,000

Page 20

Abbotshall Healthy Lifestyle Centre

Notes to the Financial Statements for the Year Ended 30 November 2021

Unrestricted
General
General Funds
Restricted
Archibald Corbett Society
Bright Ideas
Total funds		 Balance at 1
December 2019
£
(20,024)
3,944
14,722
18,666
(1,358)		 Incoming
resources
£
64,172
-
-
-
64,172		 Resources
expended
£
(31,663)
(3,944)
(14,722)
(18,666)
(50,329)		 Balance at 30
November
2020
£
12,485
-
-
-
12,485

The specific purposes for which the funds are to be applied are as follows:

Lewisham Tigers - recieved for the purpose of pitch maintenance at Abbotshall Lifestyle Centre.

19 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets		 Unrestricted
funds
General
£
30,975
18,705
(19,028)
(11,152)
19,500		 Restricted
funds
£
-
2,500
-
-
2,500
Unrestricted
funds
General
£
12,892
7,027
(5,793)
(1,641)
12,485		 Total funds at
30 November
2021
£
30,975
21,205
(19,028)
(11,152)
22,000
Total funds at
30 November
2020
£
12,892
7,027
(5,793)
(1,641)
12,485

Page 21