King Edward Community Centre Association
Registered Charity No: 295123
Annual Report for the year April 2020 – March 2021
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Governance: The Trustees met as required by the constitution. There were no governance issues raised during the year
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Finance: Although the Covid pandemic saw the Centre closed in line with Government recommendations, the finances remain strong. The revenues are in line with expectations but the reserves are healthy. The prime sources of revenue are block bookings of the Centre with additional income from ‘one-off’ lettings.
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Facilities: The buildings, being over 100 years old, require constant maintenance but are generally in good condition.
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Staffing: The Centre employs a Finance Manager, Centre Manager and a Caretaker/Cleaner.
Signed: Christopher Pope
Chairman of Trustees 21 November 2021
KING EDWARD COMMUNITY CENTRE ASSOCIATION STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2021 RegSstered Charity No. 295123
KING EDWARD COMMUNITY CENTRE ASSOCIATION Year Ended 31st March 2021 INCOME AND EXPENDITURE ACCOUNT 2019120 2020121 INCOME Lellings Grants and Donations Newsletter Feed-in Tariff Bank Interest Affiliation Fees Credit Notes issued due to Covid-19 Other Income 32,183.09 6,471 99 4,190.00 2,674.46 746 57 95.00 -1.769.48 131.00 11,522.15 30,638.28 0.00 2,674.81 614.35 0.00 0.00 497.35 44,722.63 45,948.94 EXPENDITURE Wages Insuffince Cleaning and Refuse Telephones Business Rates Heal, Light, Power & Water Repair and Maintenance Adminislralive Expenses Newsletter Licences Office Equipment Other Expenditure 24,382.66 661.58 4,125.81 1,348.11 788.96 7,619.11 8,289.63 555.31 4,018.32 1,319.80 1.673 00 946.00 26,792.33 586 38 3,409.09 1,062.23 0.00 9,702.56 9,203.07 554.91 0.00 267.00 0.00 1,490.91 55,728.29 53.068.48 SurpluslDeficitl-I Income over Expenditure -11.005.66 -7.121.54
KING EDWARD COMMUNITY CENTRE ASSOCIATION BALANCE SHEET 2019120 2020121 Current Assets Bank- Current Account Bank - Virgin Money Debtors 6,223.65 94,068.35 4,101 89 95,994.52 0.00 0.00 104,393.89 95,994.52 LESS Current Llabllltles Covid Credit Notes Creditors 1,769.48 1,929 18 0.00 2,420.83 3,698.66 2,420.83 Net Assets 100.695.23 93,573.69 Represented by.. Funds Balance Brought Forward Current Year Surplus]Deficill_I 111,700.89 -11,005.66 100,695.23 -7,121.54 Totsl Fund$ 100,695.23 93.573.69 Certificates I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31 st March 2021 and found them to be correct and in accordance with the vouchers, bank slalements and explanations received. A Papworth- Financlal Offlcer On behalf of the Trustees Mark Saunders Date 27. cl-21
KING EDWARD COMMUNITY CENTRE ASSOCIATION STATEMENT OF ACCOUNTS FOR YEAR ENDING 31ST MARCH 2021 RegSstered Charity No. 295123
KING EDWARD COMMUNITY CENTRE ASSOCIATION Year Ended 31st March 2021 INCOME AND EXPENDITURE ACCOUNT 2019120 2020121 INCOME Lellings Grants and Donations Newsletter Feed-in Tariff Bank Interest Affiliation Fees Credit Notes issued due to Covid-19 Other Income 32,183.09 6,471 99 4,190.00 2,674.46 746 57 95.00 -1.769.48 131.00 11,522.15 30,638.28 0.00 2,674.81 614.35 0.00 0.00 497.35 44,722.63 45,948.94 EXPENDITURE Wages Insuffince Cleaning and Refuse Telephones Business Rates Heal, Light, Power & Water Repair and Maintenance Adminislralive Expenses Newsletter Licences Office Equipment Other Expenditure 24,382.66 661.58 4,125.81 1,348.11 788.96 7,619.11 8,289.63 555.31 4,018.32 1,319.80 1.673 00 946.00 26,792.33 586 38 3,409.09 1,062.23 0.00 9,702.56 9,203.07 554.91 0.00 267.00 0.00 1,490.91 55,728.29 53.068.48 SurpluslDeficitl-I Income over Expenditure -11.005.66 -7.121.54
KING EDWARD COMMUNITY CENTRE ASSOCIATION BALANCE SHEET 2019120 2020121 Current Assets Bank- Current Account Bank - Virgin Money Debtors 6,223.65 94,068.35 4,101 89 95,994.52 0.00 0.00 104,393.89 95,994.52 LESS Current Llabllltles Covid Credit Notes Creditors 1,769.48 1,929 18 0.00 2,420.83 3,698.66 2,420.83 Net Assets 100.695.23 93,573.69 Represented by.. Funds Balance Brought Forward Current Year Surplus]Deficill_I 111,700.89 -11,005.66 100,695.23 -7,121.54 Totsl Fund$ 100,695.23 93.573.69 Certificates I certify that I have examined the Accounts of the King Edward Community Centre Association for the Year Ended 31 st March 2021 and found them to be correct and in accordance with the vouchers, bank slalements and explanations received. A Papworth- Financlal Offlcer On behalf of the Trustees Mark Saunders Date 27. cl-21