## **MARKET WEIGHTON WAR MEMORIAL INSTITUTE**
## **(A Registered Charity No 251299) FINANCIAL STATEMENTS**
## **30 JUNE 2021**
Fawley Judge & Easton Chartered Certified Accountants 12 Pavement Pocklington YO42 2AX
## **Market Weighton War Memorial Institute**
## **Contents**
Information Page 1 Report of the Independent Examiner Page 2 Receipts and Payments account Page 3 Statement of Assets and Liabilities Page 4 Notes to the Financial Statements Page 5
## **Market Weighton War Memorial Institute**
## **FOR THE YEAR ENDED 30 JUNE 2021**
Information
TRUSTEES:
Mr C Cayton Mr M Cooper Mr K Atkinson Mr C Rodmell Ms C Pybus Mr R Mackinder Mr M Kneeshaw Mr G Johnson Mr D Harrison Mr S Goodwin
CHARITY NUMBER FULL CHARITY NAME OFFICE ADDRESS:
251299
Market Weighton War Memorial Institute
5 Spring Road Market Weighton York YO43 3JJ
INDEPENDENT EXAMINER:
J M Leathley FCCA Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull HU1 2AS
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**Market Weighton War Memorial Institute YEAR ENDED 30[TH] JUNE 2021**
## **INDEPENDENT EXAMINER’S REPORT**
To the members of Market Weighton War Memorial Institute
I report on the financial statements of Market Weighton War Memorial Institute for the year ended 30[th] June 2021, which are set out on pages 3 to 5.
## **Respective responsibilities of committee members and independent examiner.**
As the committee members you are responsible for the preparation of the financial statement; you consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011(the Act) and that an independent examination is needed.
It is my responsibility to: -
Examine the accounts under section 145 of the Act;
To follow such procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act and;
To state whether particular matters have come to my attention.
## **Basis of independent examiner’s report:**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by Market Weighton War Memorial Institute board and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The procedures do not provide all of the evidence that would be required in an audit, consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **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 Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J M Leathley
Fawley Judge & Easton Chartered Certified Accountants 1 Parliament Street Hull HU1 2AS
28 October 2021
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## **Market Weighton War Memorial Institute**
## **NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE 2021**
## 1. **ACCOUNTING POLICIES**
## 1.1 **Basis of preparation**
The financial statements of the charity have been prepared in accordance with the Charities Act 2011 using the Receipts and Payments Basis.
## 1.2 **Grants and donations**
A donation or grant to the charity is recognised as incoming funds when all the following conditions have been met:
- (a) The charity is legally entitled to receipt;
- (b) There is reasonable assurance of receipt; and
- (c) Its monetary value can be measured with sufficient reliability.
## 1.3 **Fund accounting**
Incoming resources that may be applied for the charity’s general purposes are treated as “unrestricted” incoming resources and are credited to the “unrestricted funds”. Funding for purposes designated for a specific purpose by the Trustees is credited to “designated funds”. Where a donation or grant is required to be used for a specific purpose, the amount concerned is treated as a “restricted” incoming resource and is credited to the appropriate “restricted fund”.
- 1.4 The charity is registered in the UK and has the benefit of exemption from UK tax liability provided any surplus made by the charity is used for charitable purposes.
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## **Market Weighton War Memorial Institute**
## **Statement of Assets and Liabilities**
**As at 30[TH] June 2021**
|**2020**
**Cash Funds**
_£72_Till Float
_£500_Steward
_£13,345_HSBC Beverley
_£13,917_Total Cash Funds
**Liabilities**
_£500_Stewards Bond
_£500_Total Cash Funds
_£13,417_Total net Assets
**Funds Summary**
General Fund
|
Opening
Balance
Non cash
Movement
£13,417
-|**2021**
£72
£500
£23,050
£23,622
£500
£500
_£23,122_
Net
Movement
Closing
Balance
£9,705
£23,122|
|---|---|---|
||£13,417
-|£9,705
£23,122|
These financial statements were approved by the trustees’ of the board on the 28 October 2021 and are signed on their behalf by :-
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## **Market Weighton War Memorial Institute**
## **Receipts and Payments Account For the year ended 30[th] June 2020**
|**Market Weighton War Memorial**
**Institute**
**Receipts and Payments Account**
**For the year ended 30th June 2020**|||
|---|---|---|
|**2020**
_£14,876_ Grants
_£40,518_Bar & Fund Raising
_£7,904_Lottery & Fruit Machines
_£2,157_Snooker Tables
_£574_Subscriptions
_£700_Donations
_£606_Solar Power
_£13_Bank Interest
_£-_VAT
_-£21,291_Stock purchases
_-£19,528_Wages & Cleaning
_-£5,321_PAYE & NIC
_-£2,257_Rates, Insurance & Water
_-£4,356_Light, Heat & Telephone
_-£5,310_Repairs & Renewals
_-£149_Newspapers
_-£103_Printing, Postage & Stationery
_-£1,022_Suppers
_-£720_Table Maintenance
_-£200_Honorariums
_-£3,341_TV & Fruit Machine Expenses
_-£-_Promotional Expenses
_-£-_Accountancy
_-£80_Professional fees
_-£50_Donations
_-£126_League entries
_-£370_Licences
_-£2,816_VAT
_-£671_Sundries
_£-_Bank charges
_-£275_Capital items
2021 Totals
_-£728_2021 Net Movement|**Income**
**Expenditure**
£32,866
£31,976
£4,052
£1,605
£116
£-
£516
£1
£114
£13,687
£26,191
£7,530
£2,160
£4,595
£3,310
£-
£83
£-
£-
£-
£1,704
£-
£550
£100
£92
£-
£304
£-
£781
£244
£208|**Balance**
|
||£70,512
£61,539||
|||£9,705|
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