2022-06-30-accounts - Wecock Community Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

for the year ended 30June 2	022
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
		2022	2022	2022	2021
	Notes	E	E	E	f
Income and endowments
from:
Donations and legacies		13,526	266,069	279,595	209,778
Charitable activities		85,174		85,174	64,771
Other trading activities		22,461		22,461	16,707
Investments		22		22
Total		121,183	266,069	387,252	291,256
Expenditure on:
Raising funds		25,974	329,715	355,689	121,954
Charitable activities		11,540		11,540	6,331
Other		82,105		82,105	73,893
Total		119,619	329,715	449,334	202,178
Net gains on investments
Net (expenditure)/income	10	1,564	(63,646)	(62,082)	89,078
Transfers between funds
Net (expenditure)/income before other gains/(losses)		1,564	(63,646)	(62,082)	89,078
Other gains and losses
Net movement in funds		1,564	(63,646)	(62,082)	89,078
Reconciliation offunds:
Total funds brought forward		95,247	107,148	202,395	113,317
Total funds carried forward		96,811	43,502	140,313	202,395

Wecock Community Balance Sheet at 30June 2022	Wecock Community Balance Sheet at 30June 2022	Ass	ociation
Charity No. 278768					2022	2021
					6	6
Fixed assets
Tangible assets				12	10,348	11,498
					10,348	11,498
Current assets
Debtors				13	13,101	45,224
Cash at bank and		in hand			261,796	258,415
					274,897	303,639
Creditors: Amount	falling due within one year			14	(144,932)	(112,742)
Net current assets					129,965	190,897
Total assets less current			liabilities		140,313	202,395
Net assets excluding		pension asset or liability			140,313	202,395
Total net assets					140,313	202,395
The funds ofthe charity
Restricted funds				15
Restricted income		funds			43,503	107,148
					43,503	107,148
Unrestricted funds				15
General funds					96,810	95,247
					96,810	95,247
Reserves				15
Total funds					140,313	202,395

Fund accou	nting
Unrestricted	funds	These are available for use at the discretion ofthe trustees in furtherance				ofthe
		general objects ofthe charity.
Designated	funds	These are unrestricted funds earmarked by the trustees		for particular purposes.
Revaluation	funds	These are unrestricted funds which include a revaluation		reserve representing				the
		restatement of investment assets at their market values.
Restricted funds		These are available for use subject to restrictions imposed by the donor			or		through
		terms ofan appeal.
Income
Recognition	of	Income is included in the Statement of Financial Activities (SoFA) when			the		charity
income		becomes entitled to, and virtually certain to receive, the		income and the amount of
		the income can be measured with sufficient reliability.
Income with	related	Where income has related expenditure the income and	related expenditure				is
expenditure		reported gross in the SoFA.
Donations and		Voluntary income received by way ofgrants, donations	and gifts is included				in	the
legacies		the SoFA when receivable and only when the Charity has		unconditional	entitlement
		to the income.
Tax reclaims	on	Income from tax reclaims is included in the SoFA at the	same time as the
donations and gifts		gift/donation to which it relates.
Donated services		These are only included in income (with an equivalent amount in expenditure)
and facilities		where the benefit to the Charity is reasonably quantifiable, measurable			and
		material.
Volunteer help		The value ofany volunteer help received is not included		in the accounts.
Investment income		This is included in the accounts when receivable.
Gains/(losses)	on	This includes any gain or loss resulting from revaluing investments to market					value
revaluation offixed		at the end ofthe year.
assets
Gains/(losses)	on	This includes any gain or loss on the sale of investments.
investment assets

Expenditure	Expenditure
Recognition		of	Expenditure is recognised on an accruals basis. Expenditure includes			any VAT	which
expenditure			cannot be fully recovered, and is reported as part ofthe expenditure			to which	it
			relates.
Expenditure		on	These comprise the costs associated with attracting	voluntary	income, fundraising
raising funds			trading costs and investment management costs.
Expenditure		on	These comprise the costs incurred by the Charity in the delivery of its			activities	and
charitable	activities		services in the furtherance of its objects, including	the making	ofgrants and
			governance costs.
Grants payable			All grant expenditure is accounted for on an actual	paid basis	plus an	accrual for
			grants that have been approved by the trustees at	the end of	the year but not		yet
			paid.
Governance		costs	These include those costs associated with meeting	the constitutional		and statutory
			requirements ofthe Charity, including any audit/independent		examination fees,
			costs linked to the strategic management ofthe Charity, together with a share				of
			other administration costs.
Other expenditure			These are support costs not allocated to a particular	activity.

2	Statement of	Financial		Activities - prior	year
						Unrestricted	Restricted
						funds	funds	Total funds
						2021	2021	2021
Income and endowments			from:
	Donations and	legacies				75,732	134,046	209,778
	Charitable activities					62,560	2,211	64,771
	Other trading	activities				16,707		16,707
Total						154,999	136,257	291,256
Expenditure on:
	Raising funds					75,741	46,213	121,954
	Charitable activities					6,331		6,331
	Other					73,893		73,893
Total						155,965	46,213	202,178
Net income						(966)	90,044	89,078
Net income before other
gains/(losses)						(966)	90,044	89,078
Other gains and losses:
Net movement in funds						(966)	90,044	89,078
Reconciliation offunds:
Total funds brought		forward				96,214	17,104	113,318
Total funds carried		forward				95,248	107,148	202,396
3	Income from donations			and legacies
					Unrestricted	Restricted	Total	Total
							2022	2021
	HCC grant					12,000	12,000	12,000
	Henry Smith, Tudor1rust the Lottery			and		56,267	56,267	52,184
	Extension funding					182,671	182,671	125,289
	Other grants				13,526	15,131	28,657	20,305
					13,526	266,069	279,595	209,778
4	Income from charitable			activities
						Unrestricted	Total	Total
							2022	2021
	Lettings income					78,587	78,587	62,856
	Sundry					6,587	6,587	1,915
						85,174	85,174	64,771

							Unrestricted	Total	Total
								2022	2021
	Charity shop		income				2,110	2,110	3,748
	Cafe income						17,231	17,231	9,043
	Cans and snacks						2,583	2,583	1,729
	Ebay sales						537	537	2,187
							22,461	22,461	16,707
6	Income from		investments
							Unrestricted	Total	Total
								2022	2021
	Bank interest						22	22
							22	22
7	Expenditure		on raising funds
						Unrestricted	Restricted	Total	Total
								2022	2021
	Costs ofgenerating			voluntary
	income
	Henry Smith, the Lottery		Tudor Trust		and		101,701	101,701	46,398
	Extension funding						228,014	228,014	40,210
	Other grants					1,324		1,324	12,420
	Fundraising	trading		costs
	Cafe income		&staff	wages		22,211		22,211	21,303
	Cans and snacks					2,425		2,425	1,419
	Ebay sales					14		14	204
						25,974	329,715	355,689	121,954
8	Expenditure		on charitable		activities
							Unrestricted	Total	Total
								2022	2021
	Expenditure	on charitable
	activities
	Lettings income						11,216	11,216	5,952
	Sundry						324	324	379
	Governance	costs
							11,540	11,540	6,331

9	Other expen	diture
									Unrestricted	Total	Total
										2022	2021
	Employee costs								48,154	48,154	44,139
	Motor and travel costs								254	254
	Premises costs								24,280	24,280	18,959
	Amortisation,	depreciation,
	impairment,	profit/loss			on				1,150	1,150	1,311
	disposal offixed assets
	General administrative			costs					7,134	7,134	8,483
	Legal and professional			costs					1,133	1,133	999
									82,105	82,105	73,893
10	Net (expenditure)/income				before transfers
									2022		2021
	This is stated	after charging:							E		E
	Depreciation	of owned		fixed		assets			1,150		1,311
11	Staff costs
									2022		2021
	Salaries and	wages							47,124		43,493
									47,124		43,493
	No employee	received		emoluments			in excess off60,000.
	The average	monthly	number			of full	time equivalent	employees	during the year was as follows:
									2022		2021
									Number		Number
	Administration	gr general
	Charitable activities
									10

12	Tangible fixed assets
			Fixtures and
				Total
			fitings
	Cost or revaluation
	At 1July 2021		61,709	61,709
	At 30June 2022		61,709	61,709
	Depreciation and
	impairment
	At 1July 2021		50,211	50,211
	Depreciation charge for the		1,150	1,150
	year
	At 30June 2022		51,361	51,361
	Net book values
	At 30June 2022		10,348	10,348
	At 30June 2021		11,498	11,498
13	Debtors
		2022		2021
		6		6
	Trade debtors	9,611		41,666
	Prepayments and accrued income	3,490		3,558
		13,101		45,224
14	Creditors:
	amounts falling due within one year
		2022		2021
		6		6
	Trade creditors	898		1,676
	Deferred income	144,034		111,066
		144,932		112,742

Movement	in fun	ds
				Incoming
				resources
				(including	Resources	At 30June
				other	expended	2022
			At 1July	gains/losses
			2021	)
				E
Restricted	funds:
Restricted	income	funds:
Ladies' Night			639	(14)		625
Men's Night			190	3,302		3,492
Christmas	party &	carols	411	512		923
Community	sport		1,889	(712)		1,177
Holiday Activities			1,204	236		1,440
Job club			53	(15)		38
Family Night			412			412
Football			761	(4)		757
DJ Project			498	1		499
Lunch Club	Funds		1,177	(86)		1,091
Ignite			1,910	(1,910)
The Acorn	Peoples	Shed	2,238	(775)		1,463
Fishing Club Funds			1,025			1,025
Community	Chest	—Activities	159	(159)
Family Camping			772	(772)
Easter Fun	Days		269	131		400
Garden Club			74			74
Youth Cafe			1,400	1,337		2,737
Re Branding			864			864
Little Acorns			875	(231)		644
Bike Workshop			103			103
Quiz Night			132			132
Building Extension			35,418	198,811	(228,014)	6,215
Covid 19support grants			46,536	66,118	(101,701)	10,953
Well Being	Worker		6,785	1,654		8,439
SUP Family	grant		1,000	(1,000)
Mane's Craft			6	(6)
Other			348	(348)
Total			107,148	266,070	(329,715)	43,503
Unrestricted	funds:
General funds			95,247	121,182	(119,619)	96,810
Total funds			202,395	387,252	(449,334)	140,313

Purposes	Purposes	and restrictions	and restrictions	relation to the funds:
Restricted		funds:
Ladies'	Night			Local Ladies taking part in arts and crafts, pamper treatments and enjoy a
				two course meal with tea and coffee.
Men's Night				Local Gentleman taking part in games like pool, darts, scaletrix, Wii
				consoles and enjoy a two course meal with tea and coffee.
Christmas		party &carols		The local U13's get to enjoy fun and games with a sit down buffet and
				Christmas crafts along with Santa's Grotto receiving a present.
Community			sport	Funds to purchase sporting goods and have experience days for local
				people.
Holiday	Activities			To provide activities during half terms &summer holidays for the local and
				beyond children to enjoy and learn new skills and sample activities they
				may not get chance to do and to give them a safe place to be from Cooking
				and crafts to games and activities and including a hot tasty meal for free.
Job club				To provide a staffed room for the local and beyond people to update their
				CV's, look forjob's and get advice and help if needed on all job related
				skills and knowledge.
Family Night				Local families coming together and putting electrical items down to spend
				time as a family enjoying games, nibbles and generally having fun.
Football				To purchase football kits and equipment. To train the youth in the
				necessary skills to play matches with the possibility ofaway games
				travelling to 5 aside pitches and other outings.
DJ Project				To up skill the young volunteers who will parties for less than what actual
				DJ's charge
Lunch Club		Funds		To provide a staffed room for the local and course meal with tea and
				coffee with entertainment. outing once or twice a year.
Ignite				Up skill young volunteers to enable them to work amongst the community
The Acorn		Peoples Shed		To up skill volunteers who will modernize purchase more equipment and
				other items make items out ofwood. Teaching them people the necessary
				ability to complete they have achieved something. To up skill volunteers
				who will modernize purchase more equipment and other items make
				items out ofwood. Teaching them people the necessary ability to
				complete they have achieved something.
Fishing	Club		Funds	To purchase Rods and Equipment, and up skill the local and beyond people
				on how to fish, maintain and use the fisheries at Billys Lake and other
				areas.
Community			Chest - Activities	Funding for different mini projects as a taste testing to see ifthey would
				work and is any interest to fund later.
Family Camping				To provide a free mini holiday to many families which was funded by
				Beacon Church and supported by the food bank.
Easter Fun		Days		Bring the community together to enjoy crafts and games and receive an
				easter egg. Supported by We Big Local, Asda Tudor Trust, National Lottery
				and Henry Smith.
Garden	Club			To provide home grown vegetables to the local community and the Aviary
				Cafe and to up skill the locals and encourage people to grown their own
				produce.

Youth Cafe			To give the	To give the	youth oftoday somewhere safe to	youth oftoday somewhere safe to		be, reducing anti	social	social	social	social
			behavior,	improve their well being and share skills by learning to						be	a team
			and sampling new things.
Re Branding			To provide		volunteers with tshirts and lanyards			which distinguishes			them
			when events are provided to the			community.
Little Acorns			To provide		a preschool playgroup	with activities		Ik crafts including		a	snack
			and for the		parents to socialise and share experiences and problems.
Bike Workshop			To provide		up cycling skills and repair bikes to		make them safe to			use		and
			any donated		bikes repaired and	sold at a fraction ofthe price
Quiz Night			To provide		a social event and built friendships		and family building.
Building Extension			This is a completed area to be used as a workshop following a similar
			ethos as 'Men's Shed!' It will be fitted out with					power tools and	a	small
			barber shop		area. An area where	new skills are		learnt and we tackle			poor
			mental health and isolation.
Covid 19support		grants	We have had funds come from the government					to help with the core				costs
			and food provision in our community and to support groups going
			forward.
Well Being Worker			We are looking to employ a fully			qualified counsellor for 12 —16hours						a
			week, who	will be able to offer one to one private therapy to people							living
			in Wecock	Farm. As part oftheir		role, the Wellbeing worker will			also		be
			proactive in		regularly promoting	lifestyle changes that improve			mental
			health, networking with residents			through groups and community
			activities and finally helping plan			and deliver an		annual wellbeing
			community		event that will connect residents with other services				and
			agencies.
SUP Family grant			Funds from		Community First to help support our community.
Marie's Craft			To provide	a safe place to socialize and primarily				used by adults	for
			wellbe ing.
Analysis ofnet	assets between		funds
								Unrestricted
												Total
								funds
								E				E
Fixed assets								10,348		10,348
Net current assets								129,965		129,965
								140,313		140,313
Reconciliation	of net debt
						At 1July			At 30			June
						2021		Cash flows				2022
						E		6				E
Cash and cash equivalents						258,415		3,381		261,796
						258,415		3,381		261,796
Net debt						258,415		3,381		261,796

		2022	2021
		6	E
Cash flows from operating	activities
Net (expenditure)/income	per Statement of Financial Activities	(62,082)	89,078
Adjustments for:
Depreciation of property, plant and equipment		1,150	1,311
Dividends, interest and	rents from investments	(22)
Decrease/(Increase) in trade and other receivables		32,123	(32,446)
(Decrease)/Increase in trade and other payables		(778)	2,428
Net cash (used in)/provided	by operating activities	(29,609)	60,371
Cash flows from investing	activities
Dividends, interest and	rents from investments	22
Net cash from/(used in) investing activities		22	(370)
Net cash from financing activities
Net (decrease)/increase in	cash and cash equivalents	(29,587)	60,001
Cash and cash equivalents	at the beginning ofthe year	258,415	198,414
Cash and cash equivalents	at the end ofthe year	228,828	258,415
Components ofcash and cash equivalents
Cash and bank balances		261,796	258,415
		261,796	258,415

					Unrestricte	Restricted
					d funds	funds	Total funds	Total funds
					2022	2022	2022	2021
					E	E	E	E
Income and endowments			from:
Donations and legacies
HCC grant						12,000	12,000	12,000
Henry Smith, Tudor Lottery		Trust	and the			56,267	56,267	52,184
Extension funding						182,671	182,671	125,289
Other grants					13,526	15,131	28,657	20,305
					13,526	266,069	279,595	209,778
Charitable activities
Lettings income					78,587		78,587	62,856
Sundry					6,587		6,587	1,915
					85,174		85,174	64,771
Other trading activities
Charity shop income					2,110		2,110	3,748
Cafe income					17,231		17,231	9,043
Cans and snacks					2,583		2,583	1,729
Ebay sales					537		537	2,187
					22,461		22,461	16,707
Investments
Bank interest					22		22
					22		22
Total income and endowments					121,183	266,069	387,252	291,256
Expenditure on:
Costs ofgenerating	donations			and
legacies
Henry Smith, Tudor Lottery		Trust	and	the		101,701	101,701	46,398
Extension funding						228,014	228,014	40,210
Other grants					1,324		1,324	12,420
					1,324	329,715	331,039	99,028
Costs ofother trading		activities
Cafe income &staff		wages			22,211		22,211	21,303
Cans and snacks					2,425		2,425	1,419
Ebay sales					14		14	204
					24,650		24,650	22,926
Total of expenditure funds		on raising			25,974	329,715	355,689	121,954
Charitable activities
Lettings income					11,216		11,216	5,952

Wecock Community	As	sociation	sociation
Detailed Statement	of	Financial Activities
Sundry				324		324	379
				11,540		11,540	6,331
Total ofexpenditure activities	on		charitable	11,540		11,540	6,331
Employee costs
Salaries/wages				47,124		47, 124	43,493
Staff training				184		184	646
Staff welfare				846		846
				48,154		48,154	44,139
Motor and travel costs
Travel and subsistence				254		254	2
				254		254
Premises costs
Water rates				2,034		2,034	2,816
Light, heat and power				7,202		7,202	9,321
Premises cleaning				3,397		3,397	3,122
Premises repairs and maintenance				7,926		7,926	2,261
Other premises costs				3,721		3,721	1,439
				24,280		24,280	18,959
General administrative			costs,
including depreciation		and
amortisation
Depreciation of Fixtures and fitings				1,150		1,150	1,311
Bank charges				372		372	222
Photocopier charges				760		760	638
Equipment repairs maintenance	and			180		180	1,485
General insurances				3,803		3,803	3,645
Postage and couriers							2
Software, ITsupport		and related		72		72	289
costs
Stationery and printing				272		272	92
Subscriptions				532		532	731
Sundry expenses				56		56	390
Telephone, fax and	broadband			1,087		1,087	989
				8,284		8,284	9,794
Legal and professional		costs
Audit/Independent fees	examination			1,002		1,002	900
Other legal and professional				131		131	99
costs
				1,133		1,133	999
Total of expenditure	of	other costs		82,105		82,105	73,893
Total expenditure				119,619	329,715	449,334	202,178

Net gains on investments
Net (expenditure)/income		1,564	(63,646)	(62,082)	89,078
Net (expenditure)/income other gains/(losses)	before	1,564	(63,646)	(62,082)	89,078
Other Gains
Net movement in funds		1,564	(63,646)	(62,082)	89,078
Reconciliation offunds:
Total funds brought forward		95,247	107,148	202,395	113,317
Total funds carried forward		96,811	43,502	140,313	202,395