| Page | ||
|---|---|---|
| Annual Report |
2-7 | |
| Statement ofFinancialActivities |
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| Statement of Cash Flow |
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| Balance Sheet | 10 | |
| Notes to the Accounts | 11-15 | |
| Independent Examiners' |
Report |
| The Management C December 2020. |
o |
mmittee present their Report and Fin |
ancial Sta | te | ments | for th | e year | ended |
|---|---|---|---|---|---|---|---|---|
| Reference and Ad | mi | nistrative information |
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| Charity name; | Frinton-on-Sea Community |
Association | ||||||
| Charity registration |
number 274134 |
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| Principal address | Soken House, The Triangle | Shopping | Centre, Rochford Way, | |||||
| Frinton-on-Sea, Essex, CO13 OAU |
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| Iylanagement Committee |
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| Due to the Coronavirus lockdown, the A.G.M could not take place in March 2020. committee from 2019therefore served another year. The following were members Management Committee during all or pert ofthe year: |
The elected ofthe |
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| Jeffrey Hoare | Elected 30'" March 2019 | |||||||
| Peter Jackson | Elected 30'" March 2019 | |||||||
| Lesley Phipps | Elected 30w March 2019 | |||||||
| Rosemary Hebborn |
Elected 30v' March 2019 | Resigned 17+ November | 2020 | |||||
| Mary Clarke | Co-opted 15' January 2020 | |||||||
| Thomas Peacock | Elected 30'" March 2019 | |||||||
| Frances Dewey | Co-opted 20'" November 2019 | |||||||
| Dorothy Saggers | Co-opted 20'" November 2019 | |||||||
| Senior Management | Team | |||||||
| Gill Nash | President | Elected | 30'" | March | 2019 | |||
| Susan Treglohan | Hon. Treasurer | Elected | 30' | March | 2019 | |||
| Susan Small | Hon. Secretary | Elected | 30'" | March | 2019 |
| Notes | 2020 | 2019 | ||
|---|---|---|---|---|
| E | E | |||
| INCOMING RESOURCES |
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| Charitable activities |
||||
| Charges for room hire | 18,756 | 52,952 | ||
| Other activities to generate funds | ||||
| Members subs and donations |
18,105 | 18,529 | ||
| Fundraising | 2,721 | 6,032 | ||
| Gift Aid from FCS Limited | 0 | 0 | ||
| Admin charge to FCS Ltd | 12,240 | 12,240 | ||
| Investment income |
146 | 315 | ||
| Coronavirus grants and furlough |
received | 15,362 | 0 | |
| Other Income resources | 6,766 | 6,939 | ||
| TOTAL INCOME RESOURCES | 74,096 | 97,007 | ||
| RESOURCES EXPANDED | ||||
| Costs ofgenerating funds |
||||
| Fundraising and publicity |
827 | 2,556 | ||
| Printing, stationery and postage |
598 | 1,293 | ||
| Total non.charitable expenditure |
1,425 | 3,849 | ||
| Provision ofCommunity Centre |
||||
| Admin staff wages | 26744 | 27,688 | ||
| Admin pension costs |
539 | 477 | ||
| Contract cleaning and caretaking |
30,482 | 33,253 | ||
| Room hire, rates and water | 3,098 | 4,450 | ||
| Heating and lighting | 6,393 | 8,783 | ||
| Building service charge | 6,630 | 5,335 | ||
| Insurance | 4,623 | 4,045 | ||
| Maintenance Including hygiene |
6,756 | 12,954 | ||
| Sundries | 3,294 | 4,783 | ||
| Depreciation | 295 | 328 | ||
| Total charitable expenditure | 88,854 | 102,096 | ||
| Governance costs |
||||
| independent examiner's fees |
600 | 600 | ||
| Legal and professional fees |
0 | 0 | ||
| Reimbursed out of pocket expenses |
||||
| 600 | 600 | |||
| TOTAL RESOURCES EXPENDED | 90,879 | 106,545 | ||
| NET INCOMNG/(OUTGOING) | ||||
| RESOURCES8MOVEMENT IN FUNDS | -16,783 | -9,538 | ||
| Fund balances at 1January 2020 | 241,611 | 251,149 | ||
| Fund Balances at 31December 2020 | 224,828 | 241,611 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Cash used in operating |
activities | (Note 6) | -10,553 | -6,694 | |||
| Cash flows from investing | activities | ||||||
| Interestincome | 146 | 315 | |||||
| Increase/(decrease) | in | cash and | cash equivalents | In the year | -10,407 | -6,379 | |
| Cash and cash equivalents | at the | start ofthe year | 85,076 | 91,455 | |||
| Total cash and cash | equivalents | at the end ofthe | year | E74,669 | E85,076 | ||
| Represented by;- |
|||||||
| Deposit account | 55,837 | 55,691 | |||||
| Current account | 18,671 | 28,536 | |||||
| Cash In hand | 161 | 849 | |||||
| E74,669 | E85,076 |
| BALANCE SHEET AS | AT31DEC | EMBER 2020 | |||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Notes | E | E | |||
| FIXED A55ETS | |||||
| Tangible assets | 5 | 153,501 | 153,796 | ||
| Investments | 4 | 2 | 2 | ||
| 153,503 | 153,798 | ||||
| CURRENT ASSETS | |||||
| Debtors and prepayments | 3,148 | 2,840 | |||
| Due from Frinton | Community | Services Ltd | 0 | 10,000 | |
| Deposit account | 55,837 | 55,691 | |||
| Current account | 18,671 | 28,536 | |||
| Cash in hand | 162 | 849 | |||
| 77,818 | 97,916 | ||||
| CREDITORS due within one year | 6,493 | 10,103 | |||
| NET CURRENT ASSETS | 71,325 | 87,813 | |||
| TOTAL NET ASSETS | 224,828 | 241,611 | |||
| Represented by:- |
|||||
| FUNDS AVAILABLE | 224,828 | 241,611 | |||
| TOTALFUNDS | 224,828 | 241,611 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Turnover | 42,096 | 129,694 | |||
| Coronavirus | and | furlough | received | 26,768 | 0 |
| Cost ofsales | 19,033 | 53,961 | |||
| Other direct | expenses | 23,125 | 56,739 | ||
| Gross Profit | 26,706 | 18,994 | |||
| Operating costs |
18,150 | 28,475 | |||
| Net Profit/(loss) | before taxation | 8,556 | -9,481 | ||
| Gift Aid tothe Association | 0 | 0 | |||
| Profit/(loss) | after | taxation | f8,556 | -88,481 | |
| Surnmarised | Balance Sheet at 31December 2020 | ||||
| 2020 | 2019 | ||||
| f | f | ||||
| Fixed assets | 825 | 1,098 | |||
| Current assets | 13,560 | 24,527 | |||
| Current liabilities |
1,852 | 21,647 | |||
| Net current | assets | 11,708 | 2,880 | ||
| Total assets | f12,533 | f3,978 | |||
| Represented | by:- | ||||
| Called up share capital | 2 | 2 | |||
| Profit and Loss Account | 12,531 | 3,976 | |||
| f12,533 | f3,978 |
| Freehold | |||
|---|---|---|---|
| Premises f |
Equipment f |
Total f |
|
| Cost | |||
| At 1 January 2020 | 150,848 | 22,518 | 173,366 |
| Additions | 0 | 0 | 0 |
| At 31 December 2020 | 150,848 | 22,518 | 173,366 |
| Depreciation | |||
| At 1 January 2020 | 19,570 | 19,570 | |
| Charge for the year | 295 | 295 | |
| At 31 December 2020 | 19,865 | 19,865 | |
| Net book value | |||
| At 1 January 2020 | f150,848 | F2,948 | F153,796 |
| At 31 December 2020 | f150,848 | f2,653 | F153,501 |
| PERATING ACTIV | ITI | ES | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| f | f | |||
| Net movement in funds |
-8,227 | -9,538 | ||
| Add back depreciation | charge | 295 | 328 | |
| Deduct investment | income | -146 | -315 | |
| Decrease/(increase) | in | amount due from | ||
| Frinton Community |
Service Ltd | 1,444 | 4,821 | |
| Decrease/(increase) | in | debtors | -309 | -978 |
| Increase/(decrease) | in | creditors | -3,610 | -1,012 |
| Net cash used in operating activities |
-f10,553 | -f6,694 |