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2021-03-31-accounts

THREEMILESTONE COMMUNITY CENTRE

ACCOUNTS

FOR THE YEAR ENDED

31st MARCH 2021

J & M THOMAS ACCOUNTANTS

ACCOUNTANTS' REPORT

The attached Income and Expenditure Account for the year ended 31st March 2021 and Balance Sheet as at that date have been prepared by us, without carrying out an audit, from the records and information supplied by Threemilestone Community Centre, and we certify that they are in accordance therewith.

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Dated this 20th day of May 2021.
Signature
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J & M THOMAS ACCOUNTANTS

THREEMILESTONE COMMUNITY CENTRE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH 2021

Income
Social Club Rent and Service Charges
Hiring of Hall
Donations and Fundraising
Kenwyn Parish Council Grant
Cornwall Council COVID Grants
Cornwall Council Capital Grants
Bank Interest (Gross)
Less Expenses
Booking Secretary and Centre Manager
Motor Expenses
Water Charges
Light and Heat
Insurance
Repairs and Renewals (Note 2)
Computer and Website Expenses
Telephone
Printing, Postage and Stationery
Bank Charges
Accountancy and Bookkeeping Charges
Legal and Professional Fees
Subscriptions and Licences
Cleaning Fees and Materials
Refuse Collection
Donations
Miscellaneous Expenditure
Depreciation
Excess of Expenditure over Income for the Year
£
£
7,207
7,535
-
6,750
19,598
860
11
41,961
4,459
23
712
1,724
1,785
24,481
157
546
149
-
984
885
61
1,692
2,863
-
10
2,701
43,232
(1,271)
£
2021
£
£
10,445
24,385
500
6,825
-
712
36
42,903
3,025
-
2,874
4,425
1,760
12,656
225
11
880
145
948
4,239
159
5,769
2,558
50
-
3,303
43,027
(124)
£
2020
£
£
10,445
24,385
500
6,825
-
712
36
42,903
3,025
-
2,874
4,425
1,760
12,656
225
11
880
145
948
4,239
159
5,769
2,558
50
-
3,303
43,027
(124)
£
2020
42,903
43,027
(124)
£

THREEMILESTONE COMMUNITY CENTRE BALANCE SHEET AS AT 31st MARCH 2021

FIXED ASSETS
(Note 1)
CURRENT ASSETS
Debtors and Prepayments
Cash at Bank
CURRENT LIABILITIES
Creditors and Accrued Charges
NET CURRENT ASSETS
NET ASSETS
Represented by:
ACCUMULATED FUND
Balance at 1st April 2020
Excess of Expenditure over Income for the Year
£
£
72,192
1,805
33,145
34,950
1,319
1,319
33,631
105,823
£
107,094
(1,271)
105,823
£
2021
£
£
73,139
2,446
33,123
35,569
1,614
1,614
33,955
107,094
£
107,218
(124)
107,094
£
2020
£
£
73,139
2,446
33,123
35,569
1,614
1,614
33,955
107,094
£
107,218
(124)
107,094
£
2020
34,950 35,569
1,319 1,614
1,319 1,614
107,094
£
107,218
(124)
107,094
£

THREEMILESTONE COMMUNITY CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2021

1. FIXED ASSETS
Balance at 1st April 2020
Additions during the Year
Depreciation
Balance at 31st March 2021
Property
Improvements
0.0000%
-
860
860
-
860
£
Freehold
Property
0.0000%
63,232
-
63,232
-
63,232
£
Equipment,
Fixtures
and Fittings
25.0000%
4,419
894
5,313
1,329
3,984
£
Hall
Improvements
25.0000%
5,488
-
5,488
1,372
4,116
£
Total
73,139
1,754
74,893
2,701
72,192
£

The Freehold Property is stated at Cost.

For information purposes, a formal valuation dated 31st July 2008 for re-instatement cost of buildings was £900,000.

2. REPAIRS AND RENEWALS
£
Replacement Water Heater - covered by Kenwyn Parish Grant
Repairs to Hedging
Replacement Radiator
Painting and Decorating
Service of Fire Extinguishers
Balance - Various Items
£
8,920
1,000
2,179
4,185
525
7,672
24,481
£

I hereby certify that to the best of my knowledge and belief the books, vouchers and other information produced to J & M Thomas Accountants represents a true and accurate record of the business transactions for the year ended 31st March 2021.

I have examined and approved the statement of the accounts as at 31st March 2021.

Dated this 18th day of May 2021. Signature R Ellis (Treasurer)