2022-12-31-accounts - Parkwood Community Association

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			Page
Report ofthe Trustees		I	to	4
Report ofthe Independent Auditors		5	to	8
Statement ofFinancial	Activities
Balance Sheet			10
Notes to the Financial	Statements	11	to	17
Detailed Statement of	Financial Activities	18	to	19

				31.12.22	31.12.21
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes		8		f.
FIXEDASSETS
Tangible assets		7,648	413,319	420,967	465,369
CURRENT ASSETS
Debtors		13,475		13,475	13,761
Cash at bank and in hand		99,969		99,969	43,770
		113,444		113,444	57,531
CREDITORS
Amounts falling due within one year	9	(18,244)		(18,244)	(23,377)
NET CURRENT ASSETS		95,200		95,200	34,154
TOTAL ASSETSLESSCURRENT
LIABILITIES		102,848	413,319	516,167	499,523
CREDITORS
Amounts falling due atter more than one year	10		(136,362)	(136,362)	(151,263)
ACCRUALS AND DEFERRED INCOME	13		(214,370)	(214,370)	(241,167)
NET ASSETS		102,848	62,587	165,435	107,093
FUNDS	14
Unrestricted funds				102,848	41,935
Restricted funds				62,587	65,158
TOTAL FUNDS				165,435	107,093

OTHER TRADING ACTIVITIES
	31.12.22	31.12.21
Hall hire	22,890	11,732
Occupation licence	52,695	23,000
Membership and guest fees	6,784	6,106
Playgroup	116,093	88,672
Activities and entertainments	12,861	5,952
Raffies and lotteries	10,666	3,948
Contributions f'rom activities	11,476	8,610
Electricity recharged to Vodafone	13,979	13,245
Pool table and video machine	4,400	1,612
Deed ofcovenant	35,400	31,000
Catering	7,461	2,730
Consulting charges reimbursed	15,562	4,792
	310,267	201,399
INVESTMENT INCOME
	31.12.22	31.12.21
Deposit account interest	26	4

	FOR THE YEAR EN	FOR THE YEAR EN	FOR THE YEAR EN	DED 31STDECE	MBER 2022
	COMPARATIVES FORTHE STATEMENT			OF FINANCIAL	ACTIVITIES
					Unrestricted	Restricted	Total
					fund	fund	funds
							f.
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				436	26,796	27,232
	Other trading activities				201,399		201,399
	Investment income				4		4
	Other income				77,386		77,386
	Total				279,225	26,796	306,021
	EXPENDITURE ON
	Raising funds				182,098		182,098
	Other				98,281	7,604	105,885
	Total				280,379	7,604	287,983
	NET INCOME/(EXPENDITURE)				(1,154)	19,192	18,038
	Transfers between funds				20,172	(20,172)
	Net movement in funds				19,018	(980)	18,038
	RECONCILIATION	OF FUNDS
	Total funds brought forward				22,917	66,138	89,055
	TOTAL FUNDS CARRIED FORWARD				41,935	65,158	107,093
7.	TANGIBLE FIXEDASSETS
					Fixtures
			Freehold	Freehold	and	Office
			property f.	improvements f,	fittings f	equipment	Totals
	COST
	At 1stJanuary 2022		145,214	827,268	45,290	57,966	1,075,738
	Additions				5,042		5,042
	Disposals				(937)		(937)
	At 31stDecember 2022		145,214	827,268	49,395	57,966	1,079,843
	DEPRECIATION
	At 1stJanuary 2022		60,987	453,907	37,509	57,966	610,369
	Charge for year		2,905	41,364	5,175		49,444
	Eliminated on disposal				(937)		(937)
	At 31stDecember 2022		63,892	495,271	41,747	57,966	658,876
	NET BOOKVALUE
	At 31stDecember 2022		81,322	331,997	7,648		420,967
	At 31stDecember 2021		84,227	373,361	7,781		465,369

8.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.22	31.12.21
	Trade debtors	1,224	2,304
	Prepayments	12,251	11,457
		13,475	13,761
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.22	31.12.21
	Trade creditors	6,599	11,321
	Taxation and social security	3,776	3,042
	Other creditors	7,869	9,014
		18,244	23,377
10.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		31.12.22	31.12.21
			8
	Other creditors	136,362	151,263
11.	LOANS
	An analysis ofthe maturity ofloans is given below:
		31.12.22	31.12.21
	Amounts falling due in more than five years:
	Repayable by instalments:
	Mortgage —Barclays Bank pic	136,362	151,263
12.	SECURED DEBTS
	A charge dated 9March 2010exists over the freehold premises to secure monies advanced by		Barclays Bank pic
	to the charity.
13.	ACCRUALS AND DEFERRED INCOME
		31.12.22	31.12.21
	Building Project grants - The Big Lottery Fund	197,570	222,267
	Other Building Project grants	16,800	18,900
		214,370	241,167

				Incoming	Resources	Movement
				resources f	expended	in funds
Unrestricted		funds
General	fund			279,225	(280,379)	(1,154)
Restricted funds
Building	Project Fund			26,796	(7,604)	19,192
TOTAL	FUNDS			306,021	(287,983)	18,038
A current	year	12months	and prior year 12months combined	position is as follows:
				Net	Transfers
				movement	between	At
			At 1.1.21	in funds	funds	31.12.22
					f,
Unrestricted		funds
General fund			22,917	33,295	46,636	102,848
Restricted funds
Building	Project Fund		66,138	43,085	(46,636)	62,587
TOTAL	FUNDS		89,055	76,380		165,435

	FOR THE YEAR ENDED 31STD	ECEMBER 2022
		31.12.22	31.12.21
INCOME AND ENDOWMENTS
Donations and legacies
Gills			(I)
Building Project grants - The Big Lottery Fund		24,697	24,697
Other Building Project grants		2,100	2,100
Donated services and facilities		3,102	436
Co-op Community fund		3,022
		32,921	27,232
Other trading activities
Hall hire		22,890	11,732
Occupation licence		52,695	23,000
Membership and guest fees		6,784	6,106
Playgroup		116,093	88,672
Activities and entertainments		12,861	5,952
Raffles and lotteries		10,666	3,948
Contributions from activities		11,476	8,610
Electricity recharged to Vodafone		13,979	13,245
Pool table and video machine		4,400	1,612
Deed ofcovenant		35,400	31,000
Catering		7,461	2,730
Consulting charges reimbursed		15,562	4,792
		310,267	201,399
Investment income
Deposit account interest		26
Other income
Covid grant		2,667	19,717
CJRS grant			27,669
Insurance claim		80,036	30,000
		82,703	77,386
Total incoming resources		425,917	306,021
EXPENDITURE
Raising donations and legacies
Rates, water and insurance		16,950	12,155
Light and heat		25,466	18,544
Cleaning and laundry		6,006	4,031
Repairs to premises		18,758	17,772
		67,180	52,502
Other trading activities
Activity and entertainment	costs	30,809	12,602
Carried forward		30,809	12,602

			DETAILED STATEMENT OF FINANCIAL ACTIVITIES
			FOR THE YEARENDED 31STDECEMBER 2022
				31.12.22	31.12.21
Other trading	activities
Brought forward				30,809	12,602
Catering costs				6,560	2,729
Wages and salaries - playgroup				91,545	72,009
Pensions				1,235	893
Improvements	to property			41,364	41,363
				171,513	129,596
Support costs
Management
Administrative	salaries			95,609	75,092
Pensions				1,016	641
Equipment leasing				1,084	2,103
Postage, stationery		and	telephone	3,284	2,966
Computer running		costs		2,855	1,962
Sundries				4,670	4,393
Legal and professional			charges	1,075	2,238
				109,593	89,395
Finance
Bank charges				1,167	481
Mortgage				6,069	4,700
				7,236	5,181
Human resources
Advertising and marketing				600	231
Other
Freehold property				2,905	2,904
Fixtures and fittings				5,175	4,166
				8,080	7,070
Governance	costs
Auditors' remuneration				3,373	4,008
Total resources	expended			367,575	287,983
Net income				58,342	18,038