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2022-03-31-accounts
|
|
Page |
|
| Report of the Trustees |
1 |
to |
2 |
| Independent Examines Report |
|
3 |
|
| Statement of Financial Activities |
|
4 |
|
| Balance Sheet |
|
5 |
|
| Notes to the Financial Statements |
6 |
to |
11 |
| Detailed Statement of Financial Activities |
12 |
to |
13 |
|
Statement of Financial Activities |
|
|
|
for the Year Ended 31 March 2022 |
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
|
|
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Other trading activities |
2 |
175,110 |
121,860 |
| Investment income |
3 |
5 |
14 |
| Total |
|
175,115 |
121,874 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
|
153,683 |
104,126 |
| Other |
|
7,253 |
5,757 |
| Total |
|
160,936 |
109,883 |
| NET INCOME |
|
14,179 |
11,991 |
| RECONCILIATION OF FUNDS |
|
|
|
| Total funds brought forward |
|
91,185 |
79,194 |
| TOTAL FUNDS CARRIED FORWARD |
|
105,364 |
91,185 |
|
|
Balance Sheet |
|
|
|
|
31 March 2022 |
|
|
|
|
|
2022 |
2021 |
|
|
|
Unrestricted |
Total |
|
|
|
fund |
funds |
|
|
Notes |
|
|
|
FIXED ASSETS |
|
|
|
|
Tangible assets |
6 |
43,181 |
47,375 |
|
CURRENT ASSETS |
|
|
|
|
Stocks |
7 |
7,409 |
4,848 |
|
Debtors |
8 |
2,319 |
2,999 |
|
Cash at bank and in hand |
|
71,407 |
51,509 |
|
|
|
81,135 |
59,356 |
|
CREDITORS |
|
|
|
| • |
Amounts falling due within one year |
9 |
(18,952) |
(15,546) |
|
NET CURRENT ASSETS |
|
62,183 |
43,810 |
|
TOTAL ASSETS LESS CURRENT |
|
|
|
|
LIABILITIES |
|
105,364 |
91,185 |
|
NET ASSETS |
|
105,364 |
91,185 |
|
FUNDS |
10 |
|
|
|
Unrestricted funds |
|
105,364 |
91,185 |
|
TOTAL FUNDS |
|
105,364 |
91,185 |
|
2022 |
2021 |
| Bar receipts |
126,556 |
46,059 |
| Social lotteries |
8,400 |
37,836 |
| Activities income |
96 |
(816) |
| Hall hire |
6,105 |
5,519 |
| Machine income |
14,350 |
4,876 |
| C R S Grant Income |
19,603 |
28,386 |
|
175,110 |
121,860 |
| INVESTMENT INCOME |
|
|
|
2022 |
2021 |
| Deposit account interest |
5 |
14 |
| COMPARATIVES FOR THE STATEMEN |
T OF FINANCIAL ACTIVITIE |
S |
|
|
Unrestricted |
|
|
fund |
| INCOME AND ENDOWMENTS FROM |
|
|
| Other trading activities |
|
121,860 |
| Investment income |
|
14 |
| Total |
|
121,874 |
| EXPENDITURE ON |
|
|
| Raising funds |
|
104,126 |
| Other |
|
5,757 |
| Total |
|
109,883 |
| NET INCOME |
|
11,991 |
| RECONCILIATION OF FUNDS |
|
|
| Total funds brought forward |
|
79,194 |
|
Page 7 |
continued... |
| 6. |
TANGIBLE FIXED ASSET |
S |
|
|
|
|
|
|
|
|
Fixtures |
|
|
|
|
Long |
Plant and |
and |
Computer |
|
|
|
leasehold |
machinery |
fittings |
equipment |
Totals |
|
|
£ |
£ |
£ |
£−L |
£ |
|
COST |
|
|
|
|
|
|
At! April 2021 and |
|
|
|
|
|
|
31 March 2022 |
72,871 |
89,357 |
6,940 |
5,064 |
174,232 |
|
DEPRECIATION |
|
|
|
|
|
|
At 1 April 2021 |
41,317 |
80,440 |
2,678 |
2,422 |
126,857 |
|
Charge for year |
1,822 |
1,337 |
639 |
396 |
' .4,194 |
|
At 31 March 2022 |
43,139 |
81,777 |
3,317 |
2,818 |
131,051 |
|
NET BOOK VALUE |
|
|
|
|
|
|
At 31 March 2022 |
29,732 |
7,580 |
3,623 |
2,246 |
43,181 |
|
At 31 March 2021 |
31,554 |
8,917 |
4,262 |
2,642 |
47,375 |
| 7. |
STOCKS |
|
|
|
|
|
|
|
|
|
|
2022 |
2021 |
|
Stocks |
|
|
|
7,409 |
4,848 |
| 8, |
DEBTORS:AMOUNTS.FALLING.DUEWIT.HIN_ONE_YEAR |
|
|
|
|
|
|
|
|
|
|
2022 |
2021 |
|
Other debtors |
|
|
|
|
2,999 |
|
Prepayments |
|
|
|
2,319 |
|
|
|
|
|
|
2,319 |
2,999 |
|
|
2022 |
2021 |
| Trade creditors |
|
|
1,195 |
| Social security and other taxes |
|
946 |
1,404 |
| Pension liability |
|
(41) |
56 |
| VAT |
|
5,439 |
1,551 |
| Other creditors |
|
1,925 |
5,258 |
| Accrued expenses |
|
2,978 |
2,867 |
| Net wages |
|
7,705 |
3,215 |
|
|
18,952 |
15,546 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.21 |
in finds |
31.3.22 |
| Unrestricted funds |
|
|
|
| General fund |
91,185 |
14,179 |
105,364 |
| TOTAL FUNDS |
91,185 |
14,179 |
105,364 |
| Net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
175,115 |
(160,936) |
14,179 |
| TOTAL FUNDS |
175,115 |
(160,936) |
14,179 |
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.20 |
in funds |
31.3.21 |
| Unrestricted funds |
|
|
|
| General fund |
79,194 |
11,991 |
91,185 |
| TOTAL FUNDS |
79,194 |
11,991 |
91,185 |
| Comparative net movement in funds, included |
in the above are as follows: |
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
121,874 |
(109,883) |
11,991 |
| TOTAL FUNDS |
121,874 |
(109,883) |
11,991 |
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 1.4.20 |
in funds |
31.3.22 |
|
Unrestricted funds |
|
|
|
| ' |
General fund |
79,194 |
26,170 |
105,364 |
|
TOTAL FUNDS |
79,194 |
26,170 |
105,364 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds. |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
296,989 |
(270,819) |
26,170 |
| TOTAL FUNDS |
296,989 |
(270,819) |
26,170 |
|
Westwood Farm Community Association |
|
|
|
|
|
|
Detailed Statement of Financial Activities |
|
|
|
|
|
|
for the Year Ended 31 March 2022 |
|
|
|
|
|
|
|
|
|
2022 |
2021 |
|
| INCOME AND ENDOWMENTS |
|
|
|
|
|
|
| Other trading activities |
|
|
|
|
|
|
| Bar receipts |
|
|
|
126,556 |
46,059 |
|
| Social lotteries |
|
|
|
8,400 |
37,836 |
|
| Activities income |
|
|
|
96 |
(816) |
|
| Hall hire |
|
|
|
6,105 |
5,519 |
|
| Machine income |
|
|
|
14,350 |
4,876 |
|
| CJRS Grant Income |
|
|
|
19,603 |
28,386 |
|
|
|
|
|
175,110 |
121,860 |
|
| Investment income |
|
|
|
|
|
|
| Deposit account interest |
|
|
|
5 |
14 |
|
| Total incoming resources |
|
|
|
175,115 |
121,874 |
|
| EXPENDITURE |
|
|
|
|
|
|
| Raising donations and legacies |
|
|
|
|
|
|
| Rates and water |
|
|
|
2,950 |
2,135 |
|
| Insurance |
|
|
|
2,691 |
2,651 |
|
| Light and heat |
|
|
|
11,280 |
4,669 |
|
| Telephone |
|
|
|
4,064 |
232 |
|
| Postage and stationery |
|
|
|
649 |
868 |
|
| Sundries |
|
|
|
1,009 |
178 |
|
| Machine expenses |
|
|
|
|
1,073 |
|
| Activities expenses |
|
|
|
4,855 |
1,790 |
|
| Subscriptions |
|
|
|
317 |
|
|
| Depreciation of tangible fixed assets |
|
|
|
4,194 |
4,613 |
|
|
|
|
|
32,009 |
18,209 |
|
| Other trading activities |
|
|
|
|
|
|
| Opening stock |
|
− |
− |
4,848 |
4,948 |
_ |
| Purchases |
|
|
|
65,178 |
22,788 |
|
| Wages |
|
|
|
54,675 |
54,773 |
|
| Social security |
|
|
|
1,214 |
|
|
| Employer's Pension |
|
|
|
895 |
690 |
|
| Licensing |
|
|
|
1,532 |
180 |
|
| Repairs & renewals |
|
|
|
466 |
4,014 |
|
| Waste disposal & cleaning |
|
|
|
275 |
3,372 |
|
| Closing stock |
|
|
|
(7,409) |
(4,848) |
|
|
|
|
|
121,674 |
85,917 |
|
|
Westwood Farm Community Association |
|
|
|
Detailed Statement of Financial Activities |
|
|
|
for the Year Ended 31 March 2022 |
|
|
|
|
2022 |
2021 |
| Support costs |
|
|
|
| Management |
|
|
|
| Advertising |
|
234 |
195 |
| Finance |
|
|
|
| Bankcharges |
|
2,997 |
1,338 |
| Governance costs |
|
|
|
| Accountancy fees |
|
2,730 |
2,530 |
| Bookkeeping fees |
|
917 |
1,086 |
| Stock taker |
|
|
608 |
| Professional fees |
|
375 |
|
|
|
4,022 |
4,224 |
| Total resources expended |
|
160,936 |
109,883 |
| Net income |
|
14,179 |
11,991 |