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|||Page|
|---|---|---|
|Annual
Report||2-7|
|Statement
ofFinancialActivities|||
|Statement
of Cash Flow|||
|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|||||||
|Charity name;||Frinton-on-Sea
Community|Association||||||
|Charity
registration|number
274134||||||||
|Principal address||Soken House, The Triangle|Shopping||Centre, Rochford Way,||||
|||Frinton-on-Sea,
Essex, CO13 OAU|||||||
|Iylanagement
Committee|||||||||
|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||
|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||
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|||Notes|2020|2019|
|---|---|---|---|---|
||||E|E|
|INCOMING
RESOURCES|||||
|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|
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|||||||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|
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|||||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|
##
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||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|
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