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2020-12-31-accounts

Trustees report for Bovey Tracey Activities Trust

for year ended December 2020

Since the 22[nd] March 2020 when compulsory isolation came in to effect due to the Covid 19 virus and everything was in lockdown. This meant that BTAT could no longer open, our AGM on the 7[th] of April was postponed until 7[th] July to be conducted on a restricted numbers basis. Unfortunately; as the social distancing requirements could not be carried out this ended up being cancelled. All of our members were contacted to inform them of these changes. Although the Trust was not open the AGM papers were distributed by post beforehand and the members given plenty of time to raise any concerns. Nothing was raised and at a Trustees and management committee meeting on the 7[th] of July 2021 and after taking advice, it was decided that instead of postponing the AGM it should be cancelled for this year and a date was set for the next AGM in 2022.

At present we have 378 members. This is slightly down on last years’ figures due sadly to a number of bereavements, although 12 members are also not renewing for various health reasons.

We currently have 35 varied activities, the most popular being our Wednesday Coffee mornings, where on average 80 members attend.

9520 attendances have been made by BTAT members during the 2020 year which normally runs until the end of March each year.

We have a number of outside bookings who use the hall throughout the year which helps to boost our revenue and makes full use of the facilities sadly these also have had to be cancelled from March 2020 for the foreseeable future.

The date for our next AGM has been provisionally set for 7[th] April 2022 so we hope before much longer we will all be together again.

The trustee’s and committee members agreed to continue in their roles until the next AGM.

Bovey Tracey Activities Trust
Accounts for the year ended 31st December 2019
31.12.19
31.12.18
£
£
Income
Attendance
3,945.65
4,214.45
Class Fees
8,944.89
7,774.51
Shop Sales
1,052.73
1,393.47
Membership Fees
8,319.30
6,325.00
Rent
6,653.50
6,191.50
Computer Revenues
30.00
93.53
Bank / Building Society Interest
778.64
709.43
Miscellaneous
5,000.00
0.00
Thrift Club
7,920.00
8,770.00
42,644.71
35,471.89
Fund Raising / Donations
6,474.92
18,744.63
TOTAL INCOME
49,119.63
54,216.52
Expenditure
Depreciation on equipment & computers
3,039.96
3,421.28
Electricity
1,385.00
854.45
Gas
294.27
744.00
Water
1,958.89
1,201.58
Cleaning
6,599.83
6,269.24
Refuse Collection
394.77
298.04
Alarm
1,583.78
1,775.80
Housekeeping
2,050.40
1,837.08
Repairs / Maintenance
2,469.09
19,321.02
Running Expenses
1,014.57
2,070.30
Fund Raising / Donations
2,511.14
4,302.23
Computers
573.32
678.73
Insurance
2,401.05
2,208.49
Accountancy
438.00
438.00
Office expenses
6,017.11
953.71
Miscellaneous
5,360.00
360.00
Thrift Club
9,430.00
7,350.00
TOTAL EXPENDITURE FOR THE YEAR
47,521.18
54,083.95
Surplus of Expenditure over income
-4,876.47
-18,612.06
Fund Raising
6,474.92
18,744.63
NET DEFICIT/PROFIT FOR YEAR
1,598.45
132.57
Bovey Tracey Activities Trust
Accounts for the year ended 31st December 2019
31.12.19
31.12.18
£
£
Income
Attendance
3,945.65
4,214.45
Class Fees
8,944.89
7,774.51
Shop Sales
1,052.73
1,393.47
Membership Fees
8,319.30
6,325.00
Rent
6,653.50
6,191.50
Computer Revenues
30.00
93.53
Bank / Building Society Interest
778.64
709.43
Miscellaneous
5,000.00
0.00
Thrift Club
7,920.00
8,770.00
42,644.71
35,471.89
Fund Raising / Donations
6,474.92
18,744.63
TOTAL INCOME
49,119.63
54,216.52
Expenditure
Depreciation on equipment & computers
3,039.96
3,421.28
Electricity
1,385.00
854.45
Gas
294.27
744.00
Water
1,958.89
1,201.58
Cleaning
6,599.83
6,269.24
Refuse Collection
394.77
298.04
Alarm
1,583.78
1,775.80
Housekeeping
2,050.40
1,837.08
Repairs / Maintenance
2,469.09
19,321.02
Running Expenses
1,014.57
2,070.30
Fund Raising / Donations
2,511.14
4,302.23
Computers
573.32
678.73
Insurance
2,401.05
2,208.49
Accountancy
438.00
438.00
Office expenses
6,017.11
953.71
Miscellaneous
5,360.00
360.00
Thrift Club
9,430.00
7,350.00
TOTAL EXPENDITURE FOR THE YEAR
47,521.18
54,083.95
Surplus of Expenditure over income
-4,876.47
-18,612.06
Fund Raising
6,474.92
18,744.63
NET DEFICIT/PROFIT FOR YEAR
1,598.45
132.57

Income
Attendance
Class Fees
Shop Sales
Membership Fees
Rent
Computer Revenues
Bank / Building Society Interest
Miscellaneous
Thrift Club
Fund Raising / Donations
TOTAL INCOME
Expenditure
Depreciation on equipment & computers
Electricity
Gas
Water
Cleaning
Refuse Collection
Alarm
Housekeeping
Repairs / Maintenance
Running Expenses
Fund Raising / Donations
Computers
Insurance
Accountancy
Office expenses
Miscellaneous
Thrift Club
TOTAL EXPENDITURE FOR THE YEAR
Surplus of Expenditure over income
Fund Raising
NET DEFICIT/PROFIT FOR YEAR
42,644.71
35,471.89
6,474.92
18,744.63
49,119.63
54,216.52
3,039.96
3,421.28
1,385.00
854.45
294.27
744.00
1,958.89
1,201.58
6,599.83
6,269.24
394.77
298.04
1,583.78
1,775.80
2,050.40
1,837.08
2,469.09
19,321.02
1,014.57
2,070.30
2,511.14
4,302.23
573.32
678.73
2,401.05
2,208.49
438.00
438.00
6,017.11
953.71
5,360.00
360.00
9,430.00
7,350.00
47,521.18
54,083.95
-4,876.47
-18,612.06
6,474.92
18,744.63
1,598.45
132.57

ACCOUNTANTS REPORT

I have examined the books and documents produced to me and believe the above statement to be a true statement of affairs of The Bovey Tracey Activities Trust as at December 31st 2019

One Plus One Accountants Mike Watson Accountants Treasurer 34 - 36 Fore Street Bovey Tracey Devon Date: 5 February 2020 TQ13 9AE

Bovey Tracey Activities Trust Accounts for the year ended 31st December 2019

MEMBERS FUND
BALANCE AS AT 01.01.19
BALANCE AS AT 31.12.19
Opening Statement of affairs as at 1st January 2020
£
439,707.19
439,707.19
FIXED ASSETS AT COST
Buildings at cost
Computers at cost less depreciation
Equipment at cost less depreciation
CURRENT ASSETS
Investment Account
Lloyds
Cash
NET ASSETS
£
£
384,065.90
396.08
8,723.77
393,185.75
38,850.15
9,269.74
0.00
48,119.89
441,305.64
£
384,065.90
396.08
8,723.77
393,185.75
441,305.64
Bovey Tracey Activities Trust
Accounts for the year ended 31st December 2020
31.12.20
31.12.19
£
£
Income
Attendance
829.00
3,945.65
Class Fees
2,014.96
8,944.89
Shop Sales
203.00
1,052.73
Membership Fees
7,380.00
8,319.30
Rent
1,542.50
6,653.50
Computer Revenues
0.00
30.00
Bank / Building Society Interest
701.26
778.64
Miscellaneous
7.20
5,000.00
Thrift Club
1,670.00
7,920.00
14,347.92 42,644.71
Fund Raising / Donations
14,924.78
6,474.92
TOTAL INCOME
29,272.70 49,119.63
Expenditure
Depreciation on equipment & computers
2,279.97
3,039.96
Electricity
1,017.00
1,385.00
Gas
529.43
294.27
Water
1,105.90
1,958.89
Cleaning
2,089.17
6,599.83
Refuse Collection
138.32
394.77
Alarm
2,210.75
1,583.78
Housekeeping
696.70
2,050.40
Repairs / Maintenance
2,705.65
2,469.09
Running Expenses
1,200.39
1,014.57
Fund Raising / Donations
275.36
2,511.14
Computers
480.47
573.32
Insurance
2,481.70
2,401.05
Accountancy
438.00
438.00
Office expenses
768.08
6,017.11
Miscellaneous
360.00
5,360.00
Thrift Club
4,075.00
9,430.00
TOTAL EXPENDITURE FOR THE YEAR
22,851.89 47,521.18
Surplus of Expenditure over income
-8,503.97
-4,876.47
Fund Raising
14,924.78
6,474.92
NET DEFICIT/PROFIT FOR YEAR
6,420.81
1,598.45
Bovey Tracey Activities Trust
Accounts for the year ended 31st December 2020
31.12.20
31.12.19
£
£
Income
Attendance
829.00
3,945.65
Class Fees
2,014.96
8,944.89
Shop Sales
203.00
1,052.73
Membership Fees
7,380.00
8,319.30
Rent
1,542.50
6,653.50
Computer Revenues
0.00
30.00
Bank / Building Society Interest
701.26
778.64
Miscellaneous
7.20
5,000.00
Thrift Club
1,670.00
7,920.00
14,347.92 42,644.71
Fund Raising / Donations
14,924.78
6,474.92
TOTAL INCOME
29,272.70 49,119.63
Expenditure
Depreciation on equipment & computers
2,279.97
3,039.96
Electricity
1,017.00
1,385.00
Gas
529.43
294.27
Water
1,105.90
1,958.89
Cleaning
2,089.17
6,599.83
Refuse Collection
138.32
394.77
Alarm
2,210.75
1,583.78
Housekeeping
696.70
2,050.40
Repairs / Maintenance
2,705.65
2,469.09
Running Expenses
1,200.39
1,014.57
Fund Raising / Donations
275.36
2,511.14
Computers
480.47
573.32
Insurance
2,481.70
2,401.05
Accountancy
438.00
438.00
Office expenses
768.08
6,017.11
Miscellaneous
360.00
5,360.00
Thrift Club
4,075.00
9,430.00
TOTAL EXPENDITURE FOR THE YEAR
22,851.89 47,521.18
Surplus of Expenditure over income
-8,503.97
-4,876.47
Fund Raising
14,924.78
6,474.92
NET DEFICIT/PROFIT FOR YEAR
6,420.81
1,598.45

Income
Attendance
Class Fees
Shop Sales
Membership Fees
Rent
Computer Revenues
Bank / Building Society Interest
Miscellaneous
Thrift Club
Fund Raising / Donations
TOTAL INCOME
Expenditure
Depreciation on equipment & computers
Electricity
Gas
Water
Cleaning
Refuse Collection
Alarm
Housekeeping
Repairs / Maintenance
Running Expenses
Fund Raising / Donations
Computers
Insurance
Accountancy
Office expenses
Miscellaneous
Thrift Club
TOTAL EXPENDITURE FOR THE YEAR
Surplus of Expenditure over income
Fund Raising
NET DEFICIT/PROFIT FOR YEAR
14,347.92 42,644.71
14,924.78
6,474.92
29,272.70 49,119.63
2,279.97
3,039.96
1,017.00
1,385.00
529.43
294.27
1,105.90
1,958.89
2,089.17
6,599.83
138.32
394.77
2,210.75
1,583.78
696.70
2,050.40
2,705.65
2,469.09
1,200.39
1,014.57
275.36
2,511.14
480.47
573.32
2,481.70
2,401.05
438.00
438.00
768.08
6,017.11
360.00
5,360.00
4,075.00
9,430.00
22,851.89 47,521.18
-8,503.97
-4,876.47
14,924.78
6,474.92
6,420.81
1,598.45

ACCOUNTANTS REPORT

I have examined the books and documents produced to me and believe the above statement to be a true statement of affairs of The Bovey Tracey Activities Trust as at December 31st 2020

One Plus One Accountants Mike Watson
Accountants Hon. Treasurer
34 - 36 Fore Street BTAT
Bovey Tracey
Devon
Date: 2 February 2021 TQ13 9AE

Page 2

Bovey Tracey Activities Trust Accounts for year ending 31.12.2020

Opening Statement of affairs as at 1st January 2020

FIXED ASSETS AT COST
Buildings at cost
Computers at cost less depreciation
Equipment at cost less depreciation
CURRENT ASSETS
Investment Account
CAF Gold Account
CAF Current Account
LloydsTSB
Cash
NET ASSETS
FINANCED BY:
Members Funds
Bovey Tracey Activities Trust
Accounts for the year ended 31st December 2020
MEMBERS FUND
BALANCE AS AT 01.01.20
Surplus 31.12.20
BALANCE AS AT 31.12.20
Page 1
£
£
384,065.90
297.05
6,542.83
390,905.78
39,551.41
0.00
0.00
17,241.10
28.16
56,820.67
447,726.45
447,726.45
£
441,305.64
6,420.81
447,726.45
£
£
384,065.90
297.05
6,542.83
390,905.78
39,551.41
0.00
0.00
17,241.10
28.16
56,820.67
447,726.45
447,726.45
£
441,305.64
6,420.81
447,726.45
£
£
384,065.90
297.05
6,542.83
390,905.78
39,551.41
0.00
0.00
17,241.10
28.16
56,820.67
447,726.45
447,726.45
£
441,305.64
6,420.81
447,726.45
447,726.45