Reedham and District Community Association Financial Statement$ Year Ended 31st August 2020 Content8 Page Independent Examiners Report Balance Sheet Income and Expenditure Account Notes to the Financial StaterrEnts
Reedham Community Association Independent Examinerf8 Report Year Ended 31¥t A91 2020 My report to the Trustees and Member5 on the Financial Statement5 for the year ended 313t August 2020 is set out on page5 2 to 4 Respective Re8pon8ibilities of trv8tees and Examiner The General Conyntttee are responsi1e for the preparati¢)n of the aeeounts, and they cOnder Ihat an audit 18 rt required for thi8 year (under Section 43121 of the Charitse8 Act 1993 (the Act) and that an iTrdependent examination 18 needed. It 18 my rewnsibilty to: examine the accounts (under se¢b't)n 43131 {81 of the Acti., follow the procedures laid down in the General Direcbons given by the Chanty Commissioners (under secb'on 43171 Ibl of the Act).. and state whether pa"Cular matters have eome lo rry attention. bl Basis of Independent ExamiTre¢s Ststement My examination wa8 eaffied ¢yJt in accordance with General Directions given by the Charity Commissioners. An ex8na.0n includes a review of the accounts.ng records kept by the tharity and a conwrison of the accounts presented ¥nth those re¢ord8. It a180 includes considerabon of any unus8ual items or di8closure8 in the accounts, and seeking explana'OnS from the General Cornttee conceming any such matter8. The KK0dures undertaken do not provide all the evidence that would be required in an audit, and C(seqUentIY I do not express an audrt opinion on the a¢¢ount$. Independent Examinerfs Statement In Connection with my examination. no matter has tome to nry attention.. 11 ¥thich gives me rea80nable cause to believe that in any material respect the requirements.. to keep aceounting records in aceordanee wilh section 41 of the 1993 Act; and to prepare accounts 1¢h occord th the a¢wunts"ng record8 and conwly vnth accounbng requirements of the Act have not been n*L and 21 to wthich, in opinion. attenb.on should be drawn in order to enable a prDper understanding of the accounts to be reathed. Samantha Tisshaw JP KMBS Actounts LirThted 2 ftiveead Stalham NoTh4ich Norlolk. NR129PH
Reedham Communrty Assooation Balance Sht asat 31sl August 2020 2020 2019 Fix•d Ass•ts IntarKJible Tange £ 189,367.93 £ 189.126. Total fix•d ass•ts £ 189,367.93 £189.126.tKJ Cwrent Assets Bar Stock Cash & Fl)al Cash al bank & in hand 300.00 £ 1,202.00 £ 25.967.12 £ 23.091.50 Total Curr•nt Ass•ts £ 27.469_12 £ 23.651.1 Credtlors. SIKXI Tem) 120.CKJ 120.CKi 120.oj Net Curr•nt Ass•ts ILiabiliti•5) £ 27,349.12 £ 23.531.) Long Terni Liabilites Credtlors.. Total Tret Assets (Liabilities) £216,717.05 £ 212,657.50 Charty Funds Balan as at 151 Septentrr 2019 £212,657.l £211.380.¢XJ ProfiVDefficrt for the Year Balan at 31st AUst 2020 £ 4.059_55 £ 216,717.05 £ 1.277.50 £212,657.50 The FanC Slalements were approached ty the General Commrttee and SKJned on ther behair ty.. exempt#)ns.' C. Bradbury P Md)Jillan The te$ on page 4, fcKm part of these Finanoal Ststements
Reedham and Dislricl CcmUnty Associab'on Income and ExendrtU ACcnt ror Ihe year ending 31st August 2020 2020 2019 Income HI of Hall. CourLField Fund Raising Events Bar and Kitchen Takmgs Subscnplh)ns Recycling D(aS Grant £ 4.579.22 £11.76122 £ S,7.87 239.30 32.C4J £ 2,497.92 £ 10.(0.00 £ 8.457.26 £ 15.15686 £ 8,569 76 264 379.01 £ 35,077.53 £ 35,OTT.53 £ 32.827 39 £ 32,827.39 Expgnditwe Fund Raising Events Bar and Kilchen Purchases Hall Hire Stock Adjuslrnent Insurance General Rate Electn"aty and Water Cleaning. Waste. Wages Li¢ences,SubscriplKsn & D. Sundries Hall,thrt and Field Maintenance Irmlependenl Exatnination Fee Prinling,Posl,Stallory Telephonellntemet Websile Travel Deplat £ 5.243.88 £ 3,562.54 10100 260.00 £ 2.301.28 400.00 £ 3,214.35 802.62 £ 1,196.35 £ 6.896.18 £ 4,667.40 400.C) £ 2,272.84 766.32 £ 4,544.08 £ 3.099.03 822 19 81.26 £ 1,0889 120. 343.17 636.74 15826 270.f £ 5,384 (X) £ 6,225.93 120.00 444.41 631.14 £ 21886 181.66 £ 6,119.[) -£ 31,023.02 -£ 31.550.16 ProfiVDefictt £ 4,054.51 £ 1.277.23 Interest Receivable ProfiUDeficlt for the year £ 4.059.55 £ 1,277.50
Reedham and District Community Association Notes to the Financial Statements Year Ended 318t Augu8t 2020 Basis ol Accounting The Finanaal statents have been prepared under the historical cost Convention and in accordance wrth the Statement of Recommended Practice ISORPI, -Accounts"ng and Reporb"ng by Charib"es" published in October 2000 and applicable accounb.ng stsndards. 2) Depreciation Depreciats"on is provided at rates calculated to WTite off the cost of fixed assets. less their e$tsmated residual value. over their expected useftsl lives at Ihe following rate$'. Prt)perty Over 12S year8 lease penod of Searchlight Fumiture,Fixture8 and Fith"ng¥ 10% straight line Swnd and Light EQUIpnt 10% 8trw.ght line 3) Tangible Fixed Assets C08t Or valuation Extension Village Hall Sound & Light Sports Fixture Facilrtie# & FittiTrgi Total Cost At 1st Sept 2019 Addilions At 31th Aug_ 2020 63500 145108 20136 12254 S8266 6361 64627 299264 6361 305625 63500 145108 20136 12254 Depreciation Al 1st SepL 2019 Charge for year At 31¥t Aug_2020 6895 508 7403 34143 1161 35304 20136 4903 735 5638 44061 3715 47776 1047S4 6119 110873 20136 Net Book Value At 31st Aug 2020 56097 109804 6615 16851 189367 4. Credrtors 2020 2019 Due within one year £ 120.00 £ 120.00