| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | I | to | 2 | ||
| Independent Examiner's |
Report | ||||
| Statement | ofFinancial | Activities | |||
| Balance | Sheet | ||||
| Notes to | the Financial | Statements | 6 | to | 10 |
| Detailed | Statement ofFinancial Activities | 11 | to | 12 |
| FOR THE Y | EAR ENDED 31 DECEM | BER 2020 | |||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
24,139 | 43,274 | |||
| Other trading activities | 8,539 | 20,483 | |||
| Other income | 25,000 | ||||
| Total | 57,678 | 63,757 | |||
| EXPENDITURE ON | |||||
| Raising funds | 12,389 | 29,267 | |||
| Other | 55,314 | 72,409 | |||
| Total | 67,703 | 101,676 | |||
| NET INCOME/(EXPENDITURE) | (10,025) | (37,919) | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 532,964 | 570,883 | |||
| TOTAL FUNDS CARRIED FORWARD | 522,939 | 532,964 |
| BALANCE SHEET 31 DECEMBER 2020 |
|||
|---|---|---|---|
| 2020 | 2019 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | f. | ||
| FIXEDASSETS | |||
| Tangible assets |
511,830 | 531,470 | |
| CURRENT ASSETS | |||
| Debtors | 7,727 | 6,358 | |
| Cash at bank and in hand | 13,164 | 5,985 | |
| 20,891 | 12,343 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(9,782) | (10,849) | |
| NKT CURRENT ASSETS | 11,109 | 1,494 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 522,939 | 532,964 | |
| NKT ASSETS | 522,939 | 532,964 | |
| FUNDS | |||
| Unrestricted funds |
522,939 | 532,964 | |
| TOTAL FUNDS | 522,939 | 532,964 |
| DONATION | S AND |
LEGACIES | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Management | charges | received | 12,000 | 26,499 |
| Donations | 12,139 | 16,775 | ||
| 24,139 | 43,274 |
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 2020 | 2019 | |
| Gaming machines |
3,395 | 9,010 |
| Bingo | 458 | 1,160 |
| Entertainment | 148 | 5,210 |
| Admissions | 93 | |
| Subscriptions | 4,005 | 5,010 |
| Lottery | 533 | |
| 8,539 | 20,483 |
| COMPARATIVES | FOR THE ST | ATEMENT OF FINANCIAL AC | TIVITIES |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
43,274 | ||
| Other trading activities |
20,483 | ||
| Total | 63,757 | ||
| EXPENDITURE ON | |||
| Raising funds | 29,267 | ||
| Other | 72,409 | ||
| Total | 101,676 | ||
| NET INCOME/(EXPENDITURE) | (37,919) | ||
| RECONCILIATION | OF FUNDS | ||
| Total funds brought | forward | 570,883 | |
| TOTAL FUNDS CARRIED FORWARD | 532,964 |
| 6. | TANGIBLE FIXEDASSE | TS | |||||
|---|---|---|---|---|---|---|---|
| Fixtures | |||||||
| Freehold | Lounge | arid | Centre | ||||
| property | Extension | fittings | equipment | Totals | |||
| COST | |||||||
| At 1 January 2020 and |
|||||||
| 31December 2020 | 480,000 | 124,847 | 111,922 | 117,232 | 834,001 | ||
| DEPRECIATION | |||||||
| At 1 January 2020 |
9,600 | 95,635 | 111,922 | 85,374 | 302,531 | ||
| Charge for year | 9,600 | 2,926 | 7,114 | 19,640 | |||
| At 31 December 2020 | 19,200 | 98,561 | 111,922 | 92,488 | 322,171 | ||
| NET BOOK VALUE | |||||||
| At 31 December 2020 | 460,800 | 26,286 | 24,744 | 511,830 | |||
| At 31 December 2019 | 470,400 | 29,212 | 31,858 | 531,470 | |||
| 7. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 2020 | 2019 | ||||||
| Allington Community |
|||||||
| Association Limited |
|||||||
| current account | 4,237 | 2 | |||||
| VAT | 690 | ||||||
| Prepayments | 3,490 | 5,666 | |||||
| 7,727 | 6,358 | ||||||
| 8. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2020 | 2019 | ||||||
| Trade creditors | 5,553 | 6,627 | |||||
| Taxation and social security | 632 | ||||||
| Other creditors | 3,597 | 4,222 | |||||
| 9,782 | 10,849 | ||||||
| 9. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At. | 1.1.20 | in funds | 31.12.20 | ||||
| Unrestricted funds |
|||||||
| General fund | 532,964 | (10,025) | 522,939 | ||||
| TOTALFUNDS | 532,964 | (10,025) | 522,939 |
| Incoming | Resources | Movement | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||||||
| Unrestricted | funds | ||||||||||
| General | fund | 57,678 | (67,703) | (10,025) | |||||||
| TOTALFUNDS | 57,678 | (67,703) | (10,025) | ||||||||
| Comparatives | for movement | in funds | |||||||||
| Net | |||||||||||
| movement | At | ||||||||||
| At 1.1.19 | in funds | 31.12.19 | |||||||||
| Unrestricted | funds | ||||||||||
| General | fund | 570,883 | (37,919) | 532,964 | |||||||
| TOTALFUNDS | 570,883 | (37,919) | 532,964 | ||||||||
| Comparative | net movement | in | funds, included | in the above are as follows: | |||||||
| Incoming | Resources | Movement | |||||||||
| resources | expended | in funds | |||||||||
| Unrestricted | funds | ||||||||||
| General | fund | 63,757 | (101,676) | (37,919) | |||||||
| TOTAL | FUNDS | 63,757 | (101,676) | (37,919) | |||||||
| A current | year | 12months | and | prior year 12months | combined | position is as follows: |
|||||
| Net | |||||||||||
| movement | At | ||||||||||
| At 1.1.19 | in funds | 31.12.20 | |||||||||
| f | |||||||||||
| Unrestricted | funds | ||||||||||
| General | fund | 570,883 | (47,944) | 522,939 | |||||||
| TOTAL | FUNDS | 570,883 | (47,944) | 522,939 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General | fund | 121,435 | (169,379) | (47,944) | |
| TOTAL | FUNDS | 121,435 | (169,379) | (47,944) |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | |||||
|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 DECEMBER 2020 | |||||
| 2020 | 2019 | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and legacies |
|||||
| Management charges received |
12,000 | 26,499 | |||
| Donations | 12,139 | 16,775 | |||
| 24,139 | 43,274 | ||||
| Other trading | activities | ||||
| Gaming machines | 3,395 | 9,010 | |||
| Bingo | 458 | 1,160 | |||
| Entertainment | 148 | 5,210 | |||
| Admissions | 93 | ||||
| Subscriptions | 4,005 | 5,010 | |||
| Lottery | 533 | ||||
| 8,539 | 20,483 | ||||
| Other income | |||||
| Covid grants | 25,000 | ||||
| Total incoming | resources | 57,678 | 63,757 | ||
| EXPENDITURE | |||||
| Raising donations | and legacies | ||||
| Gaming machines |
1,699 | 5,485 | |||
| Video, pool and football | 7,406 | 15,396 | |||
| Bingo | 85 | 222 | |||
| Entertainment | 3,067 | 8,164 | |||
| Lottery | 132 | ||||
| 12,389 | 29,267 | ||||
| Support costs | |||||
| Management | |||||
| Rent, rates and | water | 1,333 | 4,442 | ||
| Insurance | 2,288 | 2,744 | |||
| Light and heat | 8,198 | 10,518 | |||
| Telephone | 763 | 1,221 | |||
| Postage and stationery | 836 | 809 | |||
| Cleaning and |
materials | 12,160 | 14,954 | ||
| Sundries | 587 | 1,876 | |||
| Repairs and renewals | 4,939 | 9,964 | |||
| Professional | fees | 3,493 | 4,993 | ||
| 34,597 | 51,521 | ||||
| Finance | |||||
| Accountancy | 720 | 661 | |||
| Carried forward | 720 | 661 |
| FOR THE YEAR END | ED 31 DECEMBER 2020 | |
|---|---|---|
| 2020 | 2019 | |
| Finance | ||
| Brought forward Bank charges |
720 357 |
661 205 |
| 1,077 | 866 | |
| Other | ||
| Freehold property Lounge extension Centre equipment |
9,600 2,926 7,114 |
9,600 2,926 7,496 |
| 19,640 | 20,022 | |
| Total resources expended | 67,703 | 101,676 |
| Net expenditure | (10,025) | (37,919) |