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2021-12-31-accounts

2021 2020
E E
INCOMING RESOURCES
Annual
membership
fees 1776 3694
Hire of hall 7025 12578
Grants and donations 27741 17034
36542 33306
KVC income
50/50 apportion bills 1856 975
Net KVC profit/(loss) - 2020 0 0
2021 23559 0
Rent 4930 2207
30345 3182
66887 36488
RESOURCES EXPENDED
Business rates 325 146
Cleaning and domestic 5017 3935
Membership contribution to KVC 1530 1120
Repairs and renewals 3630 13541
Security 2072 760
Building insurance 2350 2348
Trustee's
insurance
254 254
Legal and professional 510 620
Bookkeeping 1200 1200
Electricity 6150 5348
Gas 3390 2535
Water 489 822
Telephone 741 801
Performing Rights Society 179 550
Charity donation 0 1100
Sundries 384 80
Personal protective equipment 0 934
Depreciation 13037 15707
TOTAL RESOURCES EXPENDED 41258 51801
PROFIT/(DEFICIT) FOR THE YEAR 25629 -15313

KENNET VALLEY COMMUNITY ASSOCIATION
BALANCE SHEET
31DECEMBER 2021
2021 2020
f f
FIXEDASSETS
Tangible assets (note 2) 88452 101489
CURRENT ASSETS
Debtors and prepayments 29880 6390
Cash and bank balances
- business tracker/premium 933 933
- current 26527 9460
57340 16783
CREDITORS: Amounts
falling due within one year
Creditors and accrued charges 3867 1976
NET CURRENT ASSETS 53473 14807
141925 116296
GENERAL FUND 88482 88482
ACCUMULATED
FUND
27814 43127
Profit/(Deficit)
for the year
25629 -15313
53443 27814
141925 116296

Buildings :4%on cost :4%on cost
Furnishings :25% on cost
Fixed Assets Buildings Fixtures & TOTAL
Furnishings
COST
As at 1January 2021 325912 32852 358764
Additions 0
As at31December 2021 325912 32852 358764
DEPRECIATION
As at 1January 2021 224423 32852 257275
Charge for the year 13037 0 13037
As at 31December 2021 237460 32852 270312
NET BOOK VALUE
As at 31December 2021 88452 88452
As at 31December 2020 101489 101489