2022-03-31-accounts

SYMONDS GREEN COMMUNITY ASSOCIATION

Registered Charity No. 286415

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2022

SYMONDS GREEN COMMUNITY ASSOCIATION INDEX

For the year ended 31[st] March 2022______ _____

	Page
Trustees Annual Report	1 – 4
Reference and Administration	1
Structure, Governance and Management	2
Objectives and Activities	3
Achievements and performance	3
Financial Review	4
Reserves policy	4
Plans for the Future	4
Independent Examiners Report	5
Statement of Financial Activities (SOFA)	6
Balance Sheet	7
Cash Flow Statement	8
Notes to the Accounts	9 – 17

SYMONDS GREEN COMMUNITY ASSOCIATION

Trustees Annual Report

For the year ended 31[st] March 2022_______ _____

REFERENCE AND ADMINISTRATION

Name of Charity:	SYMONDS GREEN COMMUNTY	ASSOCIATION
Registered Charity No:	286415
Principal Office:	Symonds Green Community Association
	Filey Close, Symonds Green,
	Stevenage, Herts
	SG1 2JW
Trustees:	Margaret Notley (T)	Chairperson
	Sharon Taylor (appointed 08.12.21)	Vice Chairperson
	David Kissane (resigned 08.12.21)	Vice Chairperson
	Linda Coates	Treasurer
Council members	Jackie Hollywell	Councillor
	Michael Downing	Councillor
	Lyinda Coates	Carpet Bowls
	Janet Merrall	Learning Zone
	Annette Gasson	Learning Zone
	Geoffrey Fisher	Royal British Legion
	Isobel Gasson	Beavers, Cubs & Scouts
	Maria Grant	Irish Dancing
	Paula McLachlan	Mums and Toddlers
	Chelsea McCartney	Andrews Dance School
	John Morgan	Church of Christ the King
	Jenny Brennan	Rince Mor Academy

Page 1

SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2022__ ___________

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity is an unincorporated organisation which is governed by a constitution dated 20[th] June 1984.

The individual member trustees and Honorary Officers are elected or appointed on an annual basis at the Annual General Meeting. In the event of a vacancy occurring within the Honorary Officers the Council can fill the vacancy from the Council membership. Junior members can appoint two from their membership to sit on the Council.

The constitution allows groups that meet the following criteria to appoint a representative to be a member of the Council:

1. Local statutory authorities and such voluntary organisations as operates in the area of benefit and satisfy the Council that they are an independent organisation or branch of an independent national or other organisation.

2. Sections shall be such groups as may, with permission of Council, be formed within the Association among the individual members for the furtherance of a common activity. Groups that currently meet these criteria are:

3. Stevenage Borough Council

4. Carpet Bowls group

5. Church group

6. Irish Dancing

7. Labour Party

8. Learning Zone

9. Royal British Legion

10. Cub/ Beavers

11. At the Green Babies and Toddlers Group

12. Andrews Dance Group

13. Weight Watchers (Non Affiliated)

14. Karate (Non Affiliated)

15. Fight Night (Non Affiliated)

16. Fishing club – (Non Affiliated)

17. Rince Mor/Jenny Brennan Irish Dance Academy (Affiliated)

18. Garden House Hospice

All members of the Council must retire annually but are eligible for reappointment

Unfortunately, due to the Covid 19 Pandemic, we were unable to hold our AGM in 2020, therefore appointed the following to the Executive Committee at the AGM: Margaret Notley, J Hollywell, Isobel Gasson, Lynda Coates, Sharon Taylor, Janet Merell, Annette Gasson and Michael Downing.

Page 2

SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2022________

OBJECTIVES AND ACTIVITIES

The objects of the Association are:-

To promote the benefit of the inhabitants of Symonds Green and the neighbourhood without distinction of sex or of political, religious or other opinions by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.

To establish or secure the establishment of a Community Centre and to maintain and manage, or to cooperate with any local statutory in the maintenance and management of such a Centre for activities promoted by the Association and its constitute bodies in furtherance of the above objects.

The activities of the Association are:-

1. The Community Centre (2 halls) 2. Tea at the Green Cafe

These buildings are hired to affiliated and non-affiliated groups such as Beavers, Cubs and Scouts; Baby and Toddler group; Karate, Carpet Bowls; a Sunday school and many more. They are also used for fundraising from time to time.

Office services including photocopying and typing provide much needed support to groups using the centres as a base for their activities. The Community Association now has its own Website - [e-mail]; E-mail - [e-mail] and Facebook sites for both the community centre and the café.

ACHIEVEMENTS AND PERFORMANCE

The Association measures its performance in terms of quantative information rather than qualitative information (as it considers the continued use by organisations on a regular basis is almost a measure of the quality of the organisation) as it is easier to substantiate.

Due to the global Covid 19 Pandemic and subsequent lockdown of the nation, all activities have started to resume although many groups have reviewed and changed their hire times. Dance for Fun have left the centre, but we have gained the Ahmadayya Muslim Community Group, Zac French Martial Arts, Hartbeeps (toddler music group) and Hannah Jones Shredded Fitness group.

Page 3

SYMONDS GREEN COMMUNITY ASSOCIATION Trustees Annual Report Continued For the year ended 31[st] March 2022 ____________

FINANCE REVIEW

The attached financial statements show the current state of the finances that the council considers sound. Careful monitoring has been carried out to ensure the Association continues to operate efficiently for the community of Symonds Green.

We have had to claim the Covid-19 government given grants to sustain the Association throughout the Pandemic and forced closure of activities run from the centre.

RESERVES POLICY

Symonds Green Community Association’s reserves policy aims to keep undesignated funds at a level equal to three months budgeted expenditure with an aim of not failing below six weeks budgeted expenditure. The trustees consider this level is required to demonstrate stability and security to beneficiaries, funders, supporters and employees.

The trustees consider it prudent to hold this level of reserves to:

• a) Fund the start up costs of developments that will enable the Association to meet its aims and objectives

• b) Allow for fluctuations in income due to delayed receipt of statutory and/or contract payments

• c) Meet unplanned but necessary expenditure

The level of reserves is monitored and reviewed by trustees twice a year.

PLANS FOR THE FUTURE

Due to the Covid-19 pandemic, the re-starting of all activities and re-opening of the Tea at the Green coffee bar has been our main objective. We had already reduced the timings of the coffee bar so as to limit the losses from it, but to keep it as an important part of the local community.

We have gained many new groups and have started our recovery after the pandemic although this is a continuing process which will take time to achieve.

Approved by the Trustees and signed on their behalf by:

Margaret Notley Chairperson

Date: 13[th] December 2022

Page 4

SYMONDS GREEN COMMUNITY ASSOCIATION REPORT OF THE INDEPENDENT EXAMINER For the year ended 31[st] March 2022

I report on the accounts for the year ended 31[st] March 2022, which are set out on pages 6 to 17.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

• examine the accounts under section 145 of the Charities Act,

• to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and

• to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1. which gives me reasonable cause to believe that in, any material respect, the requirements:

2. to keep accounting records in accordance with section 130 of the Charities Act; and

3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

4. have not been met; or

5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Dated : 13[th] December 2022

Jane M E Seymour Community Accountant Orchard Villa, 2B Regent Street Stotfold, Hitchin Herts. SG5 4ED

Page 5

SYMONDS GREEN COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31[st] March_2022 __________

Notes Income from: Donations and legacies 2 Charitable activities 3 Other 4 Total income Expenditure on: Charitable activities 6 Total expenditure Net income/(expenditure) Net movement in funds Total Funds brought forward Total funds carried forward 16	2022 2021 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 29,519 10,617 39,686 42,077 46,350 1,220 47,570 25,423 1,243 - 1,243 1,738
	77,112 11,387 88,499 69,238 63,572 9,191 72,763 64,241
	63,572 9,191 72,763 64,241 13,540 2,196 15,736 4,997 13,540 2,196 15,736 4,997 14,972 3,353 18,325 13,328
	28,512 5,549 34,061 18,325

Page 6

SYMONDS GREEN COMMUNITY ASSOCIATION BALANCE SHEET

As at 31[st] March 2022 __________

Notes Fixed Assets Tangible fixed assets 9 Current Assets Debtors & prepayments 10 Cash at bank and in hand Total Current Assets Creditors: Amounts falling due within one year 11 Net Current Assets Net Assets Funds of the Charity Unrestricted funds General funds Restricted funds Herts Community Foundation/Garden Equipm Funding Locality Budget – CCTV & Centre Equipment Locality Budget – Coffee Bar Fencing Locality Budget – Newsletter Locality Budget – Coffee Bar, Tables, PPE, Security & Laptop Locality Budget – Events Locality Budget – Repairs and Replacements Stevenage Community Trust – Printer Co-Operative Covid-19 Omicron Grant SBC Grants 2021/22 HPB Covid-19 Recovery Grant Total Restricted Total Funds 15	2022 £ 1,282 1,113 35,599 36,712 (3,933) 32,779 34,061 28,512 28,512 59 201 702 480 459 145 58 185 381 2,296 403 180 5,549 **34,061 **	2021 £ 1,241 573 19,202
		19,775 (2,691)
		17,084
		18,325
		14,972
		14,972 79 268 702 480 846 145 78 247 508 - - -
		3,353
		18,325

Approved by the Trustees on the 13[th] December 2022 and signed on their behalf by:

…………………………………… ………………………….…………

Chairperson

The notes on pages 9 to 17 form part of these accounts

Page 7

SYMONDS GREEN COMMUNITY ASSOCIATION STATEMENT OF CASH FLOW

As at 31[st] March_2022 __________

Notes Cash flows from operating activities: Net cash provided by operating activities 17 Cash flows from capital expenditure & investing activities: Purchase of equipment Net cash provided by capital expenditure & investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	2022 2021 £ £ 16,867 2,174 (470) (350)
	(470) (350)
	16,397 1,824 19,202 17,378
	35,599 19,202

Page 8

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS for the year ended 31[st] March 2022 ___________

1 ACCOUNTING POLICIES

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, Accounting and Reporting by Charities: Statement of Recommended Practice (revised 2015); Charities Act 2011 and Regulations made thereunder; and with applicable accounting standards.

Depreciation policy

Tangible fixed assets are depreciated over the estimated useful economic lives. The depreciation rate currently in use for all fixed assets held for use by the charity is 25% on the reducing balance.

Fund accounting

Funds held by the charity are either:

Unrestricted general funds

These are funds which can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds

These are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.

Restricted funds

These are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Resources Expended

Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Resources expended have been analyzed and where a cost can be directly attributed to a function of the charity we have allocated 100% of the cost to this function.

Resources that are expended that cannot be applied to one particular category have been apportioned as follows:

90% of the Centre Managers Salary, 50% Admin Assistant salary, 100% of the cleaning and caretaking staff salaries with the same proportion of Employers National Insurance have been apportioned to Running costs of the Centres on the basis of staff time. The balancing 10% Centre Managers Salary and 50% Admin. Assistant and a proportion of the Employers National Insurance have been apportioned to Support costs on the same basis.

Printing, Postage and Stationery and Telephone costs have been allocated at 25% to Centre Running Costs and 75% to Support costs based on the estimated usage.

Support Costs have been allocated based on staff cost 68.25% Centre, 31.75% Coffee Bar in 2021/22 and 61% Centre, 39% Coffee Bar in 2020/21

Page 9

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS for the year ended 31[st] March 2022 ________

Incoming Resources

All income is accounted for when the Charity has entitlement, there is certainty of receipt and the amount is measurable. Income is accounted for on a receivable basis, except for hall deposits that relate to bookings in a future accounting period, the income is deferred until those periods.

2 Income from Donations and Legacies HMRC Furlough & SSP Relief Covid-19 Small Business Grant Covid-19 Omicron Grant HPB Covid-19 Recovery Grant Estimated rental value of premises Relief from rates Donations under £500 2020/21 no funds were restricted 3 Income from Charitable Activities Hall Hire Coffee Bar takings and furlough grant Locality Budget/SBC Grants Stevenage Community Trust – Printer Office Services	Unrestricted Restricted 2022 £ 3,345 - 3,345 8,000 - 8,000 - 2,667 2,667 - 7,500 7,500 12,000 - 12,000 6,144 - 6,144 30 - 30 29,519 10,617 39,686 Unrestricted Restricted 2022 £ 31,873 - 31,873 10,714 - 10,714 2,599 1,220 3,819 - - - 1,164 - 1,164	2021 £ 3,920 20,241 - - 12,000 5,916 -
		42,077
		2021 £ 11,488 10,845 2,115 330 645
	46,350 1,220 47,570	25,423

2020/21 restricted funding of £2,445 was received -Locality Budget £2,115 for Repairs and Replacements and £330 from Stevenage Community Trust for a printer

4 Income from Other Employment Allowance Misc items	Unrestricted Restricted 2021 2020 £ £ 1,243 - 1,243 1,576 - - - 162
	1,243 - 1,243 1,738

2020/21 no funds were restricted.

Page 10

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

	SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS	SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS	SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS	SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS
5 6	for the year ended 31st March 2022___________ Analysis of Expenditure on Charitable Actvities 2021/22 Note Activity undertake n directly Support Costs Total £ £ £ Community Centre 6 47,611 3,969 51,580 Coffee Bar 6 10,146 1,846 11,992 Restricted Funds – Repairs and Replacements 7 3,147 - 3,147 Coffee Bar Restricted Expenditure 8 6,044 - 6,044 Total 58,362 5,879 64,241 Support costs have been allocated based on staff cost, 68.25% Centre and 31.75% Coffee Bar Analysis of Expenditure on Charitable Actvities 2020/21 Note Activity undertake n directly Support Costs Total £ £ £ Community Centre 6 44,350 3,586 47,936 Coffee Bar 6 12,347 2,293 14,640 Restricted Funds – Repairs and Replacements 7 1,012 - 1,012 Coffee Bar Restricted Expenditure 8 653 - 653 Total 58,362 5,879 64,241 Support costs have been allocated based on staff cost, 61% Centre and 39% Coffee Bar Charitable Expenditure 2022 2021 Unrestricted Charitable Activities-Centre £ £ Salaries and NIC 17,506 17,571 Payroll Charges 147 172 Notional rent and rates 18,144 17,916 Water Rates 525 1,038 Light & Heat 4,032 2,249 Premises Expenses, Laundry & Cleaning 5,425 3,619 Health & Safety 38 34 Security 162 49 Repairs & Renewals 27 17 Printing, Postage, Stationery etc 33 82 Insurance 536 401 Telephone 59 77 Licenses 719 746 Office Equipment - - Professional Fees for HR 216 208 Staff Training 30 - Garage Rates - 156 Depreciation 12 15 47,611 44,350
	Analysis of Expenditure on Charitable Actvities 2021/22 Note Activity undertake n directly Support Costs £ £ Community Centre 6 47,611 3,969 Coffee Bar 6 10,146 1,846 Restricted Funds – Repairs and Replacements 7 3,147 - Coffee Bar Restricted Expenditure 8 6,044 - Total 58,362 5,879 Support costs have been allocated based on staff cost, 68.25% Centre and 31.75% Coffee Bar Analysis of Expenditure on Charitable Actvities 2020/21 Note Activity undertake n directly Support Costs £ £ Community Centre 6 44,350 3,586 Coffee Bar 6 12,347 2,293 Restricted Funds – Repairs and Replacements 7 1,012 - Coffee Bar Restricted Expenditure 8 653 - Total 58,362 5,879 Support costs have been allocated based on staff cost, 61% Centre and 39% Coffee Bar Charitable Expenditure 2022 Unrestricted Charitable Activities-Centre £ Salaries and NIC 17,506 Payroll Charges 147 Notional rent and rates 18,144 Water Rates 525 Light & Heat 4,032 Premises Expenses, Laundry & Cleaning 5,425 Health & Safety 38 Security 162 Repairs & Renewals 27 Printing, Postage, Stationery etc 33 Insurance 536 Telephone 59 Licenses 719 Office Equipment - Professional Fees for HR 216 Staff Training 30 Garage Rates - Depreciation 12 47,611	Activity undertake n directly Support Costs £ £ 47,611 3,969 10,146 1,846 3,147 - 6,044 -
		58,362 5,879		64,241
				Total £ 47,936 14,640 1,012 653
		58,362	5,879	64,241
			2022 £ 17,506 147 18,144 525 4,032 5,425 38 162 27 33 536 59 719 - 216 30 - 12 47,611	2021 £ 17,571 172 17,916 1,038 2,249 3,619 34 49 17 82 401 77 746 - 208 - 156 15
				44,350

Page 11

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2022________

6 Coffee Bar Salaries and NIC Payroll Charges Coffee bar food and drink purchases Coffee Bar expenses Coffee Bar Card Charges Coffee bar equipment purchases Support costs attributed to Centre Activities Charity Administration Salaries Payroll Charges Travel & Subsistence Printing, Postage, Stationery etc Telephone Membership Internet charges Depreciation Sundries Governance Independent Examiner's Fee(See note 18) Trustee Expenses Total Support 7 Restricted Charitable Expenditure Charitable Activities – Repair & Replacements Depreciation – Computer Equipment Depreciation – CCTV & Centre Equipment Depreciation – SCT New Printer Equipment, repairs & replaccements HPB Covid-19 Recovery – Community Ctr User Hire Costs Stationery Depreciation – Play Equipment			2022 2021 £ £ 8,145 11,181 156 144 1,218 649 29 25 577 348 21 0
			10,146 12,347
			2022 2021 £ £ 4,324 4,310 178 164 53 14 100 245 178 232 0 25 410 410 4 5 148 54
			5,395 5,459
			2022 2021 £ £ 400 400 20 20
			420 420
			5,815 5,879
			2022 2021 £ £ 137 26 194 260 62 83 2,026 616 3.568 - 37 - 20 27
			6,044 1,012

Page 12

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2022_______

8 Coffee Bar Restricted Expenditure Health & Safety Coffee bar food and drink purchases Coffee bar equipment purchases and other	2022 2021 £ £ - 53 2,622 361 525 239
	3,147 653

9 Fixed assets Play Equip ment Office equipment Cost £ £ At 1 April 2021 5,997 679 Additions - 470 At 31 March 2022 5,997 1,149 Depreciation At 1 April 2021 5,918 339 Charge for the year 20 203 At 31 March 2022 5,938 542 Net book values At 31 March 2021 79 340 At 31 March 2022 59 607 10 Debtors & Prepayments Debtors Prepayments 11 Creditors: Amounts falling due within one year Creditors HMRC – PAYE & NI Pension Accruals Hall Deposit Paid & Paid in advance	Play Equip ment Office equipment £ £ 5,997 679 - 470	Fixtures and fittings £ 2,936 -	Fixtures and fittings £ 2,936 -	Total £ 9,612 470
	5,997 1,149		2,936	10,082
	5,918 339 20 203		2,114 206	8,372 429
	5,938 542		2,320	8,801
	79 340		822	1,240
	59 607		616	1,282
			2022 £ 852 261	2021 £ 218 357
			1,113	575
			2022 £ 1,074 665 83 1,311 800 3,933	2021 £ 1,154 653 54 635 2195
				2,691

12 Trustees' Remuneration and Expenses

No trustee remuneration has been directly or indirectly paid or payable for the year out of the funds of the charity to any trustee or to any person or person connected with any of them.

Page 13

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2022 ________

13 Employees' Remuneration

Total remuneration for the year (excluding employer's contributions) amounted to £28,837 (2021 - £31,524). No employee earned more than £20,000 p.a. The average number of paid staff for the year were four (four in 2020/21) split as follows:

2020/21) split as follows:
	Running	Support
	Centre	Costs	Coffee Bar
Centre Manager	90%	10%
Admin Assistant	50%	50%
Book keeper		100%
1 Coffee Bar staff			100%

The total gross salaries of key management personnel are £17,849.

14 Reserves Policy

Symonds Green Community Association's reserves policy aims to keep undesignated funds at a level equal to three months budgeted expenditure with an aim of not falling below six weeks budgeted expenditure. The trustees consider this level is required to demonstrate financial stability and security to beneficiaries, funders, supporters and employees.

The trustees consider it prudent to hold this level of reserves to:

a) fund the start up costs of developments that will enable the Association to meet its aims and objectives

b) allow for fluctuations in income due to delayed receipt of statutory and/or contract payments.

c) meet unplanned but necessary expenditure.

The level of reserves is monitored and reviewed by trustees twice a year.

Free Reserves £28,450 Three months running costs £18,191

15 Fund Analysis

Income Expenditure Net incoming Resources before Transfers Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities	General Herts Comm Found/ Garden Equip Locality Budget- CCTV & Centre Equip Locality Budget – Events Sub - Total £ £ £ £ £ 77,112 - - - 77,112 63,572 20 67 - 63,659
	13,540 (20) (67) - 13,453 14,972 79 268 145 15,464
	28,512 59 201 145 28,917
	45 59 201 - 305 32,400 - - 145 32,545 (3,933) - - - (3,933)
	28,512 59 201 145 28,917

Page 14

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2022_________

15 Fund Analysis continued

15 Fund Analysis continued
Income Expenditure Net incoming Resources before Transfers Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities Income Expenditure Net incoming Resources before Transfers Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities		Sub - Total Locality Budget – Repairs & Replace Co-Op Locality Budget – Coffee Bar Fence Sub- Total £ £ £ £ £ 77,112 - - - 77,112 63,659 20 127 - 63,806
		13,453 (20) (127) - 13,306 15,464 78 508 702 16,752
		28,917 58 381 702 30,058
		305 58 381 - 744 32,545 - - 702 33,247 (3,933) - - - (3,933)
		28,917 58 381 702 30,058
		Sub- total Locality Budget – Newsletter Locality Budget – Coffee Bar Tables, PPE, Security & Laptop SCT - Printer Sub - Total £ £ £ £ £ 77,112 - - - 77,112 63,806 - 387 62 64,255
		13,306 - (387) (62) 12,857 16,752 480 846 247 18,325
		30,058 480 459 185 **31,182 **
		744 - 353 185 1,282 33,247 480 106 - 33,833 (3,933) - - - (3,933)
		30,058 480 459 185 31,182

Page 15

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS

for the year ended 31[st] March 2022___________

15 Fund Analysis continued

Income Expenditure Net incoming Resources before Transfers Total Funds B/fwd Total Funds C/Fwd Fixed Assets Current Assets Current Liabilities	Sub- total Locality Covid-19 Omicron SBC Grants Various 21/22 HCP Covid-19 Recovery Grant Sub - Total £ £ £ £ £ 77,112 2,667 1,220 7,500 88,499 64,255 371 817 7,320 72,763
	12,857 2,296 403 180 15,736 18,325 - - - 18,325
	31,182 2,296 403 180 **34,061 **
	1,282 - - - 1,282 33,833 2,296 403 180 36,712 (3,933) - - - (3,933)
	31,182 2,296 403 180 34,061

Fund balances outstanding from Co-Operative and Locality Budget holders to provided new equipment for the Community Centre and Coffee Bar.

Herts Community Foundation provided funding for garden equipment.

Locality Budget Holders provided funds to support the production of a newsletter.

Last year Locality Budget Holders provided funds to support the coffee bar, purchase tables for the centre, PPE, security and the purchase of a laptop. This year funds have been provided to purchase baby changing equipment, card machine costs, curtains, an entrance mat and support for the coffee bar.

Stevenage Community Trust (SCT) provided funds to purchase a printer.

HPB grant (Health Protection Board) to support the Voluntary, Community and Social Enterprise (VCSE) Sector who have been disproportionately impacted by Covid-19. It covers overheads such as venue hire and staffing. Covid-19 Omicron grant is for?

Omicron Hospitality and Leisure Grant Scheme - support for businesses over the winter months, where they will have been impacted by the rise in the Omicron variant. Grant values were based on rateable value of property they occupy.

16 Volunteers Volunteer information is as follows:

	Number	No of Hours	Total
Activity	of Volunteers	per Volunteer	Hours
Functions	5	14	70
Handy Man/ Caretaker	2		90
Coffee Bar	2		520 (10 Per Week)
Office staff	1		30
Governance	19	6	114

Page 16

SYMONDS GREEN COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS for the year ended 31[st] March 2022___________

17 Notes to the cash flow statement

Reconciliation of net income/(expenditure) to net cash flow from operating activities

Net income/(expenditure) for the year Adjustments for: Depreciation charges (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash provided by operating activities	2022 2022 £ £ 15,736 4,997 429 416 (540) 973 1,242 (4,212)
	16,867 2174

• 18 Independent Examiner Fees of £400 (£400 in 2021) have been accrued for the 2022 examination and preparation of accounts.

Page 17