Chairs report 2020/2021 

The Centre closed during the Co-vid academic and has lately only allowed individual use of our facilities.  No meetings have taken place but the Directors have run the Centre and accounts are up to date and audited. 

I am sorry to advise that Stuart Osbourne, our IT guru and volunteer, died this year.  He will be missed by all. 

Whilst closed the Centre updated the heating system by the replacement of two elderly boilers with a Combi system. This will save money as no hot water storage is required.  Repairs have also taken place to the buildings roof thus making it watertight. 

We obtained grant funding and upgraded the memory and hard drives on all the computers.  At present the operating systems are also being upgraded to Windows 10. 

Our long term Tenant has severed their lease with the centre and will vacate the premises in the new year.  This will cause a problem with the running costs of the building and the Directors are investigating what actions can be taken to alleviate the situation.  In the first instance we will try to fill the leased area with another tenant or tenants, but if we find that impossible then other options, such as moving to smaller premises or even closing the Charity may have to be considered.  If no tenants can be found then the Directors will call a special meeting of all members and present the available options for consideration. 

Bob Freshwater 

Chair - Forest Road UCRC 



**REGISTERED COMPANY NUMBER: 01974516 (England and Wales) REGISTERED CHARITY NUMBER: 293492** 

**Report of the Trustees and** 

**Unaudited Financial Statements** 

**For The Year Ended 31st March 2021** 

## **for** 

**Forest Road Unemployed Community Resource Centre** 

Wildin & Co Accountants & Statutory Auditors Kings Buildings Lydney Gloucestershire GL15 5HE 



## **Forest Road Unemployed Community Resource Centre** 

**Contents of the Financial Statements For The Year Ended 31st March 2021** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Statement of Financial Activities**||3||
|**Balance Sheet**|4|to|5|
|**Notes to the Financial Statements**|6|to|10|





## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Report of the Trustees For The Year Ended 31st March 2021** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

Forest Road UCRC is a Charity run for the benefit of the local Community. It is a Limited Company with a constitution. A Management Committee is elected at an Annual General Meeting that is advertised to all members and these committee members then become Trustees. Members are recruited by word of mouth, people using the building and those who are just interested in Community wellbeing. 

The Charity leases part of the building to the CAB, which is itself a Charity and the income helps us to maintain and run the building. Other income is from room rental and computer suite rental. We rent out rooms to the Community and intend to expand this area, by local advertising and word or mouth. 

For this financial year the building has been closed to users due to Covid restrictions. 

The Directors continued to maintain the building which included completion of the roof repairs and replacement of the heating boilers. 

A grant for Computer upgrades was obtained and the upgrades are in progress. 

The Charity is financially stable and has no debts. There is a reserves policy of £1000 that is to cover any emergency work on the building There are no funds held as custodian Trustees. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Company number** 

01974516 (England and Wales) 

## **Registered Charity number** 

293492 

## **Registered office** 

Forest Road Resource Centre Cinderford Gloucestershire GL14 2NR 

## **Trustees** 

E L Elgar S Elgar Mrs C S J Morgan V Stratford R Freshwater M D Holder Ms P Heath 

Page 1 



## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Report of the Trustees For The Year Ended 31st March 2021** 

## **REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary** R Freshwater 

Approved by order of the board of trustees on 10th June 2021 and signed on its behalf by: 

R Freshwater - Trustee 

Page 2 



## **Forest Road Unemployed Community Resource Centre** 

## **Statement of Financial Activities For The Year Ended 31st March 2021** 

|||**31.3.21**|31.3.20|
|---|---|---|---|
|||**Unrestricted**|Total|
|||**fund**|funds|
||Notes|**£**|£|
|**INCOME AND ENDOWMENTS FROM**||||
|**Charitable activities**||||
|grant||**16,000**|1,965|
|Investment income|2|**10,162**|10,383|
|**Total**||**26,162**|12,348|
|**EXPENDITURE ON**||||
|Raising funds|3|**519**|5,825|
|**Charitable activities**||||
|grant||**861**|264|
|Other||**10,916**|6,143|
|**Total**||**12,296**|12,232|
|**NET INCOME**||**13,866**|116|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**||**72,963**|72,847|
|**TOTAL FUNDS CARRIED FORWARD**||**86,829**|72,963|



The notes form part of these financial statements 

Page 3 



## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Balance Sheet 31st March 2021** 

|**31.3.21**<br>**Unrestricted**<br>**fund**<br>Notes<br>**£**<br>**FIXED ASSETS**<br>Tangible assets<br>8<br>**74,418**<br>**CURRENT ASSETS**<br>Debtors<br>9<br>**-**<br>Cash at bank and in hand<br>**14,309**<br>**14,309**<br>**CREDITORS**<br>Amounts falling due within one year<br>10<br>**(1,898)**<br>**NET CURRENT ASSETS**<br>**12,411**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**86,829**<br>**NET ASSETS**<br>**86,829**<br>**FUNDS**<br>11<br>Unrestricted funds<br>**86,829**<br>**TOTAL FUNDS**<br>**86,829**|31.3.20<br>Total<br>funds<br>£<br>68,091<br>835<br>5,962<br>6,797<br>(1,925)<br>4,872<br>72,963<br>72,963<br>72,963<br>72,963|
|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

continued... 

Page 4 



## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Balance Sheet - continued 31st March 2021** 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 10th June 2021 and were signed on its behalf by: 

R Freshwater - Trustee 

The notes form part of these financial statements 

Page 5 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements For The Year Ended 31st March 2021** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **2.** 

## **3.** 

## **4.** 

## **INVESTMENT INCOME** 

|**INVESTMENT INCOME**|||
|---|---|---|
||**31.3.21**|31.3.20|
||**£**|£|
|Rents received|**10,162**|10,383|
|**RAISING FUNDS**|||
|**Raising donations and legacies**|||
||**31.3.21**|31.3.20|
||**£**|£|
|Support costs|**-**|5,825|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||**31.3.21**|31.3.20|
||**£**|£|
|Depreciation - owned assets|**542**|327|
|Deficit on disposal of fixed assets|**519**|-|



## **5. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31st March 2021 nor for the year ended 31st March 2020. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31st March 2021 nor for the year ended 31st March 2020. 

Page 6 

continued... 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **6. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

## **7.** 

||**31.3.21**|31.3.20|
|---|---|---|
|admin|**2**|2|
|No employees received emoluments in excess of £60,000.|||
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||
|||Unrestricted|
|||fund|
|||£|
|**INCOME AND ENDOWMENTS FROM**|||
|**Charitable activities**|||
|grant||1,965|
|Investment income||10,383|
|**Total**||12,348|
|**EXPENDITURE ON**|||
|Raising funds||5,825|
|**Charitable activities**|||
|grant||264|
|Other||6,143|
|**Total**||12,232|
|**NET INCOME**||116|
|**RECONCILIATION OF FUNDS**|||
|**Total funds brought forward**||72,847|
|**TOTAL FUNDS CARRIED FORWARD**||72,963|



continued... 

Page 7 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **8. TANGIBLE FIXED ASSETS** 

|**8.**|**TANGIBLE FIXED ASSETS**||||||
|---|---|---|---|---|---|---|
|||||Fixtures|||
|||Freehold||and|Computer||
|||property||fittings|equipment|Totals|
|||£||£|£|£|
||**COST**||||||
||At 1st April 2020|**66,239**||**2,487**|**1,374**|**70,100**|
||Additions||**-**|**4,263**|**3,420**|**7,683**|
||Disposals||**-**|**(1,049)**|**-**|**(1,049)**|
||At 31st March 2021|**66,239**||**5,701**|**4,794**|**76,734**|
||**DEPRECIATION**||||||
||At 1st April 2020||**-**|**762**|**1,247**|**2,009**|
||Charge for year||**-**|**310**|**232**|**542**|
||Eliminated on disposal||**-**|**(235)**|**-**|**(235)**|
||At 31st March 2021||**-**|**837**|**1,479**|**2,316**|
||**NET BOOK VALUE**||||||
||At 31st March 2021|**66,239**||**4,864**|**3,315**|**74,418**|
||At 31st March 2020|66,239||1,725|127|68,091|
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
||||||**31.3.21**|31.3.20|
||||||**£**|£|
||Debtors & Prepayments||||**-**|835|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**||**YEAR**||||
||||||**31.3.21**|31.3.20|
||||||**£**|£|
||Accrued expenses||||**1,898**|1,925|
|**11.**|**MOVEMENT IN FUNDS**||||||
||||||Net||
||||||movement|At|
|||||At 1.4.20|in funds|31.3.21|
|||||£|£|£|
||**Unrestricted funds**||||||
||General fund|||**72,963**|**13,866**|**86,829**|
||**TOTAL FUNDS**|||**72,963**|**13,866**|**86,829**|



continued... 

Page 8 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **11. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|**26,162**|**(12,296)**|**13,866**|
|**TOTAL FUNDS**|**26,162**|**(12,296)**|**13,866**|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
||At 1.4.19|in funds|31.3.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|72,847|116|72,963|
|**TOTAL FUNDS**|72,847|116|72,963|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|12,348|(12,232)|116|
|**TOTAL FUNDS**|12,348|(12,232)|116|



A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.19|in funds|31.3.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|72,847|13,982|86,829|
|**TOTAL FUNDS**|72,847|13,982|86,829|



continued... 

Page 9 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **11. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|38,510|(24,528)|13,982|
|**TOTAL FUNDS**|38,510|(24,528)|13,982|



## **12. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31st March 2021. 

Page 10 



**REGISTERED COMPANY NUMBER: 01974516 (England and Wales) REGISTERED CHARITY NUMBER: 293492** 

**Report of the Trustees and** 

**Unaudited Financial Statements** 

**For The Year Ended 31st March 2021** 

## **for** 

**Forest Road Unemployed Community Resource Centre** 

Wildin & Co Accountants & Statutory Auditors Kings Buildings Lydney Gloucestershire GL15 5HE 



## **Forest Road Unemployed Community Resource Centre** 

**Contents of the Financial Statements For The Year Ended 31st March 2021** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Statement of Financial Activities**||3||
|**Balance Sheet**|4|to|5|
|**Notes to the Financial Statements**|6|to|10|





## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Report of the Trustees For The Year Ended 31st March 2021** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

Forest Road UCRC is a Charity run for the benefit of the local Community. It is a Limited Company with a constitution. A Management Committee is elected at an Annual General Meeting that is advertised to all members and these committee members then become Trustees. Members are recruited by word of mouth, people using the building and those who are just interested in Community wellbeing. 

The Charity leases part of the building to the CAB, which is itself a Charity and the income helps us to maintain and run the building. Other income is from room rental and computer suite rental. We rent out rooms to the Community and intend to expand this area, by local advertising and word or mouth. 

For this financial year the building has been closed to users due to Covid restrictions. 

The Directors continued to maintain the building which included completion of the roof repairs and replacement of the heating boilers. 

A grant for Computer upgrades was obtained and the upgrades are in progress. 

The Charity is financially stable and has no debts. There is a reserves policy of £1000 that is to cover any emergency work on the building There are no funds held as custodian Trustees. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Registered Company number** 

01974516 (England and Wales) 

## **Registered Charity number** 

293492 

## **Registered office** 

Forest Road Resource Centre Cinderford Gloucestershire GL14 2NR 

## **Trustees** 

E L Elgar S Elgar Mrs C S J Morgan V Stratford R Freshwater M D Holder Ms P Heath 

Page 1 



## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Report of the Trustees For The Year Ended 31st March 2021** 

## **REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary** R Freshwater 

Approved by order of the board of trustees on 10th June 2021 and signed on its behalf by: 

R Freshwater - Trustee 

Page 2 



## **Forest Road Unemployed Community Resource Centre** 

## **Statement of Financial Activities For The Year Ended 31st March 2021** 

|||**31.3.21**|31.3.20|
|---|---|---|---|
|||**Unrestricted**|Total|
|||**fund**|funds|
||Notes|**£**|£|
|**INCOME AND ENDOWMENTS FROM**||||
|**Charitable activities**||||
|grant||**16,000**|1,965|
|Investment income|2|**10,162**|10,383|
|**Total**||**26,162**|12,348|
|**EXPENDITURE ON**||||
|Raising funds|3|**519**|5,825|
|**Charitable activities**||||
|grant||**861**|264|
|Other||**10,916**|6,143|
|**Total**||**12,296**|12,232|
|**NET INCOME**||**13,866**|116|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**||**72,963**|72,847|
|**TOTAL FUNDS CARRIED FORWARD**||**86,829**|72,963|



The notes form part of these financial statements 

Page 3 



## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Balance Sheet 31st March 2021** 

|**31.3.21**<br>**Unrestricted**<br>**fund**<br>Notes<br>**£**<br>**FIXED ASSETS**<br>Tangible assets<br>8<br>**74,418**<br>**CURRENT ASSETS**<br>Debtors<br>9<br>**-**<br>Cash at bank and in hand<br>**14,309**<br>**14,309**<br>**CREDITORS**<br>Amounts falling due within one year<br>10<br>**(1,898)**<br>**NET CURRENT ASSETS**<br>**12,411**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**86,829**<br>**NET ASSETS**<br>**86,829**<br>**FUNDS**<br>11<br>Unrestricted funds<br>**86,829**<br>**TOTAL FUNDS**<br>**86,829**|31.3.20<br>Total<br>funds<br>£<br>68,091<br>835<br>5,962<br>6,797<br>(1,925)<br>4,872<br>72,963<br>72,963<br>72,963<br>72,963|
|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2021 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

The notes form part of these financial statements 

continued... 

Page 4 



## **Forest Road Unemployed Community Resource Centre (Registered number: 01974516)** 

## **Balance Sheet - continued 31st March 2021** 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 10th June 2021 and were signed on its behalf by: 

R Freshwater - Trustee 

The notes form part of these financial statements 

Page 5 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements For The Year Ended 31st March 2021** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **2.** 

## **3.** 

## **4.** 

## **INVESTMENT INCOME** 

|**INVESTMENT INCOME**|||
|---|---|---|
||**31.3.21**|31.3.20|
||**£**|£|
|Rents received|**10,162**|10,383|
|**RAISING FUNDS**|||
|**Raising donations and legacies**|||
||**31.3.21**|31.3.20|
||**£**|£|
|Support costs|**-**|5,825|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||**31.3.21**|31.3.20|
||**£**|£|
|Depreciation - owned assets|**542**|327|
|Deficit on disposal of fixed assets|**519**|-|



## **5. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31st March 2021 nor for the year ended 31st March 2020. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31st March 2021 nor for the year ended 31st March 2020. 

Page 6 

continued... 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **6. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

## **7.** 

||**31.3.21**|31.3.20|
|---|---|---|
|admin|**2**|2|
|No employees received emoluments in excess of £60,000.|||
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||
|||Unrestricted|
|||fund|
|||£|
|**INCOME AND ENDOWMENTS FROM**|||
|**Charitable activities**|||
|grant||1,965|
|Investment income||10,383|
|**Total**||12,348|
|**EXPENDITURE ON**|||
|Raising funds||5,825|
|**Charitable activities**|||
|grant||264|
|Other||6,143|
|**Total**||12,232|
|**NET INCOME**||116|
|**RECONCILIATION OF FUNDS**|||
|**Total funds brought forward**||72,847|
|**TOTAL FUNDS CARRIED FORWARD**||72,963|



continued... 

Page 7 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **8. TANGIBLE FIXED ASSETS** 

|**8.**|**TANGIBLE FIXED ASSETS**||||||
|---|---|---|---|---|---|---|
|||||Fixtures|||
|||Freehold||and|Computer||
|||property||fittings|equipment|Totals|
|||£||£|£|£|
||**COST**||||||
||At 1st April 2020|**66,239**||**2,487**|**1,374**|**70,100**|
||Additions||**-**|**4,263**|**3,420**|**7,683**|
||Disposals||**-**|**(1,049)**|**-**|**(1,049)**|
||At 31st March 2021|**66,239**||**5,701**|**4,794**|**76,734**|
||**DEPRECIATION**||||||
||At 1st April 2020||**-**|**762**|**1,247**|**2,009**|
||Charge for year||**-**|**310**|**232**|**542**|
||Eliminated on disposal||**-**|**(235)**|**-**|**(235)**|
||At 31st March 2021||**-**|**837**|**1,479**|**2,316**|
||**NET BOOK VALUE**||||||
||At 31st March 2021|**66,239**||**4,864**|**3,315**|**74,418**|
||At 31st March 2020|66,239||1,725|127|68,091|
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
||||||**31.3.21**|31.3.20|
||||||**£**|£|
||Debtors & Prepayments||||**-**|835|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**||**YEAR**||||
||||||**31.3.21**|31.3.20|
||||||**£**|£|
||Accrued expenses||||**1,898**|1,925|
|**11.**|**MOVEMENT IN FUNDS**||||||
||||||Net||
||||||movement|At|
|||||At 1.4.20|in funds|31.3.21|
|||||£|£|£|
||**Unrestricted funds**||||||
||General fund|||**72,963**|**13,866**|**86,829**|
||**TOTAL FUNDS**|||**72,963**|**13,866**|**86,829**|



continued... 

Page 8 



## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **11. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|**26,162**|**(12,296)**|**13,866**|
|**TOTAL FUNDS**|**26,162**|**(12,296)**|**13,866**|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
||At 1.4.19|in funds|31.3.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|72,847|116|72,963|
|**TOTAL FUNDS**|72,847|116|72,963|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|12,348|(12,232)|116|
|**TOTAL FUNDS**|12,348|(12,232)|116|



A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.19|in funds|31.3.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|72,847|13,982|86,829|
|**TOTAL FUNDS**|72,847|13,982|86,829|



continued... 

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## **Forest Road Unemployed Community Resource Centre** 

## **Notes to the Financial Statements - continued For The Year Ended 31st March 2021** 

## **11. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|38,510|(24,528)|13,982|
|**TOTAL FUNDS**|38,510|(24,528)|13,982|



## **12. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31st March 2021. 

Page 10