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|---|---|---|---|---|---|
|Report ofthe Trustees|||I|to|3|
|Report ofthe Independent
Auditors|||4|to|7|
|Statement|ofFinancial|Activities||||
|Balance|Sheet|||||
|Notes to|the Financial|Statements|10|to|16|
|Detailed|Statement of|Financial Activities|17|to|18|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||2,304|26,797|29,101|27,493|
|Other trading activities|||2|144,965||144,965|267,088|
|Investment
income|||3|16||16|67|
|Other income||||56,127||56,127||
|Total||||203,412|26,797|230,209|294,648|
|EXPENDITURE ON||||||||
|Raising funds||||150,499||150,499|201,174|
|Other||||85,808|8,370|94,178|115,650|
|Total||||236,307|8,370|244,677|316,824|
|NET INCOME/(EXPENDITURE)||||(32,895)|18,427|(14,468)|(22,176)|
|Transfers
between
funds|||14|60,990|(60,990)|||
|Net movement
in funds||||28,095|(42,563)|(14,468)|(22,176)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||(5,178)|108,701|103,523|125,699|
|TOTAL FUNDS CARRIED FORWARD||||22,917|66,138|89,055|103,523|
##
||31DEC|EMBER 2020||||
|---|---|---|---|---|---|
|||||2020|2019|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes||||k|
|FIXEDASSETS||||||
|Tangible assets|7|7,401|501,855|509,256|556,771|
|CURRENT ASSETS||||||
|Debtors|8|8,396||8,396|11,971|
|Cash at bank and in hand||25,610||25,610|30,177|
|||34,006||34,006|42,148|
|CREDITORS||||||
|Amounts
falling due within one year|9|(18,490)||(18,490)|(16,722)|
|NET CURRENT ASSETS||15,516||15,516|25,426|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||22,917|501,855|524,772|582,197|
|CREDITORS||||||
|Amounts
falling due after more than one year|10||(167,753)|(167,753)|(183,913)|
|ACCRUALS AND DEFERRED INCOME|13||(267,964)|(267,964)|(294,761)|
|NKT ASSETS||22,917|66,138|89,055|103,523|
|FUNDS|14|||||
|Unrestricted
funds||||22,917|(5,178)|
|Restricted funds||||66,138|108,701|
|TOTAL FUNDS||||89,055|103,523|
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|||2020|2019|
|---|---|---|---|
|Hall hire||3,868|19,317|
|Occupation|licence|24,717|48,000|
|Membership|and guest fees|812|7,783|
|Playgroup||83,710|82,829|
|Activities
and entertainments||3,008|8,834|
|Raffles and|lotteries|2,603|11,446|
|Contributions
&om activities||7,720|16,792|
|Electricity|recharged to Vodafone|13,254|12,516|
|Pool table and video machine||602|3,214|
|Deed ofcovenant|||36,000|
|Catering||1,752|7,437|
|Consulting|charges reimbursed|2,919|12,920|
|||144,965|267,088|
|INVESTMENT INCOME||||
|||2020|2019|
|Deposit account interest||16|67|
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|The average monthly
number ofemployees
duri|ng the year was as follows:||
|---|---|---|
||2020|2019|
|Office|2|2|
|Cleaning|I|3|
|Playgroup|7|7|
|Door|I|2|
|||14|
##
##
|COMPARATIVES FOR THE STATEMENT|COMPARATIVES FOR THE STATEMENT|COMPARATIVES FOR THE STATEMENT|OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||fund|fund|funds|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies||||696|26,797|27,493|
|Other trading activities||||267,088||267,088|
|Investment
income||||67||67|
|Total||||267,851|26,797|294,648|
|EXPENDITURE ON|||||||
|Raising funds||||201,174||201,174|
|Other||||105,880|9,770|115,650|
|Total||||307,054|9,770|316,824|
|NET INCOME/(EXPENDITURE)||||(39,203)|17,027|(22,176)|
|Transfers
between
funds||||19,816|(19,816)||
|Net movement
in funds||||(19,387)|(2,789)|(22,176)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward|||14,209|111,490|125,699|
|TOTAL FUNDS CARRIED FORWARD||||(5,178)|108,701|103,523|
|TANGIBLE FIXED|ASSETS||||||
|||||Fixtures|||
|||Freehold|Freehold|slid|Office||
|||property|improvements|fittings|equipment|Totals|
|COST|||||||
|At
1 January 2020 and|||||||
|31 December 2020||145,214|827,268|40,744|57,966|1,071,192|
|DEPRECIATION|||||||
|At 1 January 2020||55,179|371,291|29,985|57,966|514,421|
|Charge for year||2,904|41,253|3,358||47,515|
|At 31December 2020||58,083|412,544|33,343|57,966|561,936|
|NET BOOXVALUE|||||||
|At 31December 2020||87,131|414,724|7,401||509,256|
|At 31December 2019||90,035|455,977|10,759||556,771|
||FORTHE YEAR ENDED 31DECEMBER2020|||
|---|---|---|---|
|8.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR|||
|||2020|2019|
||Trade debtors|2,125|2,819|
||Prepayments|6,271|9,152|
|||8,396|11,971|
|9.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||2020|2019|
|||6||
||Trade creditors|2,391|5,709|
||Taxation and social security|2,032|4,049|
||Other creditors|14,067|6,964|
|||18,490|16,722|
|10.|CREDITORS: AMOUNTS FALLING DUK AFTER MORE THAN ONE YEAR|||
|||2020|2019|
||Other creditors|167,753|183,913|
|11.|LOANS|||
||An analysis ofthe maturity ofloans is given below:|||
|||2020|2019|
||Amounts
falling due in more than five years:|||
||Repayable
by instalments:|||
||Mortgage - Barclays Bank pic|167,753|183,913|
|12.|SECURED DEBTS|||
||A charge dated 9March 2010exists over the treehold premises to secure monies advanced
by||Barclays Bank pic|
||to the charity.|||
|13.|ACCRUALS AND DEFERRED INCOME|||
|||2020|2019|
||Building Project grants - The Big Lottery Fund|246,964|271,661|
||Other Building Project grants|21,000|23,100|
|||267,964|294,761|
##
##
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|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.20|in funds|funds|31.12.20|
||||f||||
|Unrestricted|funds||||||
|General fund|||(5,178)|(32,895)|60,990|22,917|
|Restricted
funds|||||||
|Building Project Fund|||108,701|18,427|(60,990)|66,138|
|TOTAL FUNDS|||103,523|(14,468)||89,055|
|Net movement|in funds, included||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources
f|expended|in funds|
|Unrestricted|funds||||||
|General fund||||203,412|(236307)|(32895)|
|Restricted
funds|||||||
|Building Project Fund||||26,797|(8,370)|18,427|
|TOTAL FUNDS||||230,209|(244,677)|(14,468)|
|Comparatives|for movement|in|funds||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.19|in funds|funds|31.12.19|
|||||||f,|
|Unrestricted|funds||||||
|General fund|||14,209|(39,203)|19,816|(5,178)|
|Restricted
funds|||||||
|Building Project Fund|||111,490|17,027|(19,816)|108,701|
|TOTAL FUNDS|||125,699|(22,176)||103,523|
##
||||Incoming|Resources|Movement||
|---|---|---|---|---|---|---|
||||resources|expended|in funds||
||||f,||||
|Unrestricted
funds|||||||
|General fund|||267,851|(307,054)|(39,203)||
|Restricted
funds|||||||
|Building Project Fund|||26,797|(9,770)|17,027||
|TOTAL FUNDS|||294,648|(316,824)|(22,176)||
|A current year 12months|and prior year 12months|combined|position is as follows:||||
||||Net|Transfers|||
||||movement|between|At||
|||At 1.1.19|in funds|funds|31.12.20||
|||g|f.|6|||
|Unrestricted
funds|||||||
|General fund||14,209|(72,098)|80,806|22,917||
|Restricted funds|||||||
|Building Project Fund||111,490|35,454|(80,806)|66,138||
|TOTAL FUNDS||125,699|(36,644)||89,055||
|A current year 12 months|and prior year 12months|combined|net movement|in funds, included|in the above|a|
|as follows:|||||||
||||Incoming|Resources|Movement||
||||resources|expended|in funds||
|||||f,|||
|Unrestricted
funds|||||||
|General fund|||471,263|(543,361)|(72,098)||
|Restricted
funds|||||||
|Building Project Fund|||53,594|(18,140)|35,454||
|TOTAL FUNDS|||524,857|(561,501)|(36,644)||
##
##
||FOR THE YEAR ENDED 31DE|CEMBER 2020||
|---|---|---|---|
|||2020|2019|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Gifis|||697|
|Building Project grants - The Big Lottery Fund
Other Building project grants||24,697
2, 101|24,697
2,099|
|Co-op Community
fund||2,303||
|||29,101|27,493|
|Other trading
activities
Hall hire||3,868|19,317|
|Occupation
licence||24,717|48,000|
|Membership
and guest fees||812|7,783|
|Playgroup
Activities and entertainments||83,710
3,008|82,829
8,834|
|Raffles and lotteries||2,603|11,446|
|Contributions
fiom activities||7,720|16,792|
|Electricity recharged to Vodafone
Pool table and video machine||13,254
602|12,516
3,214|
|Deed ofcovenant|||36,000|
|Catering||1,752|7,437|
|Consulting
charges reimbursed||2,919|12,920|
|||144,965|267,088|
|Investment
income||||
|Deposit account interest||16|67|
|Other income||||
|Covid grant||11,334||
|CJRS grant||44,793||
|||56,127||
|Total incoming
resources||230 209|294 648|
|EXPENDITURE||||
|Raising donations
and legacies
Rates, water and insurance||6,242|8,758|
|Light and heat
Cleaning
and laundry
Repairs to premises||16,553
2,326
3,387|23,285
5,730
11,180|
|||28,508|48,953|
|Other trading
activities
Activity and entertainment
Carried forward|costs|9,521
9,521|30,225
30,225|
||PARKWOOD COMMUNITY ASSOCIATION|||
|---|---|---|---|
||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
||FOR THE YEAR ENDED 31DECEMBER 2020|||
|||2020|2019|
|Other trading activities
Brought forward
Catering costs
Wages and salaries - playgroup
Pensions||9,521
1,579
68,840
798|30,225
5,416
74,610
607|
|Improvements
to property||41,253|41,363|
|||121,991|152,221|
|Support costs||||
|Management
Administrative
salaries||67,772|78,334|
|Pensions||447|341|
|Equipment
leasing
Postage, stationery
and telephone
Computer
running
costs
Sundries||1,485
2,014
1,392
3,600|6,175
2,722
1,054
6,718|
|Legal and professional|charges|1,468|1,362|
|||78,178|96,706|
|Finance||||
|Bank charges
Mortgage||820
5,466|1,350
6,866|
|||6,286|8,216|
|Human
resources||||
|Advertising
and marketing||241|1,364|
|Other||||
|Freehold property
Fixtures and fittings||2,904
3,358|2,904
3,365|
|||6,262|6,269|
|Governance
costs||||
|Auditors'
remuneration||3,211|3,095|
|Total resources expended||244,677|316,824|
|Net expenditure||(14,468)|(22,176)|