| 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 |