2022-03-31-accounts - King George's Field

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

FOR THE YEAR ENDED 31M	A	RCH 20	22
				unrestricted	Restricted	Endowment	Total Funds
			Note	Funds	Funds	Funds	2022	2021
				6	6	F.	f	6
INCOMING RESOURCES
Donations and sundry Income				13,024			13,024	880
Income from events				894			894	0
Grant- Ferndown Town Council				118,260			118,260	118,448
Grants —other				21,500			21,500	21,500
Voluntary		Income		153,678			153,678	140,827
Dividends from Investments						20	20	4,029
Bank interest						41	41	156
Investment	income					61	61	4,185
Sports fees				38,236			38,236	18,836
Letting Income				36,850			36,850	38,947
Electricity feed ln tariff				4,285			4,285	4,120
Charitable	Activities			79,371			79,371	61,904
TOTAL INCOMING RESOURCES				233,049		61	233,110	206,916
RESOURCES EXPENDED
Grounds and housekeeping staff			2	103,196			103,196	100,388
Admln recharge fee				21,500			21,500	21,500
Utilities (water and electricity)				22,619			22,619	12,341
Field maintenance				33,811			33,811	21,171
Pavillon maintenance				18,976			18,976	4,842
Tennis court maintenance				7,811			7,811	1,192
Administration				8,721			8,721	6,352
Insurance				17,146			17,146	11,604
Charitable	activities			233,780			233,780	179,390
Accountancy and payroll services				1,000			1,000	1,000
Loss on disposal of I)teed assets				0			0	0
Depreciation				25,733			25,733	27,094
Legal and professional fees				4,037			4,037	3,675
Governance		costs		30,770		0	30,770	31,769
TOTAL RESOURCES EXPENDED				264,550		0	264,550	211,160
NET INCOMING/ (OUTGOING) RESOURCES				-31,502		61	-31,441	-4,243

AS AT 3	1	MARCH 2022
					Note	2022			2021
						f	6	f	E
		FIXEDASSETS
Ta ng lb I e	assets						2,617,310		2,624,190
Long term		deposits (endowment		fund)			104,951		104,910
Investments		(endowment	fund)				150,751		153,893
							2,873,013		2,882,993
		CURRENTASSETS
Trade Debtors						27,899		22,013
Cash at bank and In hand						93,753		126,254
						121,651		148,267
	CURRENT LIARILITIES
Trade Creditors						5,366			3,218
Accruals	and other creditors					500			500
						5,866			3,718
	NET CURRENT ASSETS						115,786		144,549
		NET ASSETS					2,988,799		3,027,542
		FUNDS
Endowment		funds					263,444		268,447
Restricted		income funds					4,641		4,641
Fixed asset		revaluation					1,069,525		1,069,525
Unrestricted Income funds							1,651,189		1,684,929
		TOTAL FUNDS					2,988,799		3,027,542

											Freehold	Freehold	community
4.	FIXED ASSETS										Property E		Assets f	Tools f	Vehicles f		Total f	2021 E
	COST
	Brought forward at01.04.21										2,481,865		364,018	19,883		37,532	2,903,298	1,833,773
	Revaluation	In year										0					0	1,069,525
	Additions												15,614	0		3,240	18,854	0
	Disposals													0		0	0	0
	Carried forward as		at	31.03.22							2,481,865		379,632	19,883		40,772	2,922,151	2,903,298
	DEPRE0IAT	I0N
	Brought forward at01.04.21											0	238,306	11,307		29,495	279,108	252,014
	Charge forthe year												21,199	1,715		2,819	25,733	27,094
	Dlsposals												0	0		0	0	0
	Carried forward as		at	31.03.22								0	259,505	13,022		32,314	304,841	279,108
	NET BOOK	VALUE
	Brought forward at01.04.21										2,481,865		125,712	8,576		8,037	2,624,190	1,581,759
	Carried forward as		at	31.03.22							2,481,865		120,127	6,861		8,458	2,617,310	2,624,190
															Unreallsed
5.	INVESTMENTS												Nlstorlc cost	Unreallsed Bain b/fwd	gain /(loss) for year		Market value 31.03.22
	Part ofthe	endowment			fund	Is	Invested			as follows			f	f		f	f
	CAF Equity	Fund											19,037	10,183		1,862	31,082
	CAF Fixed Interest		Fund										71,276	64		-5,004	66,336
		TOTAL											90,313	10,247		-3,142	97,418
	The balance ofthe		endowment				fund		Is held in		cash	savings	accounts with maturity		between 1day and 1year
													01.04.21					c/fwd
6.	RESERVES												b/fwd	Income	Expenditure		Transfers	31.03.21
													f	f		E	f	E
	Endowment	Funds	(net		ofSolar		panels)						258,200	0				258,200
	Endowment	fund - gain			(unreallsed)								10,247	0		3,142		7,105
	Restricted	Income	Fund; Harmont					Woods					4,146					4,146
	Restricted	Income	Fund: Bandstand										495					495
	Revaluation	of land	and		buildings			March 2021					1,069,525					1,069,525
	General fund —KGV building												1,570,829					1,570,829
	General fund (surplus			on activities)									114,100	233,049		264,550	-4,100	78,498
													3,027,542	233,049		267,692	-4,100	2,98S,799

George V Charity Fem	d	own:	Tri	al	Balance
						Do the Numbers
						31/03/22
100.1Football						15961.62
100.2Tennis						7500.21
100.3Cricket						600.00
100.4Bowls
110.1General Room Hire						2448.00
120.1DCC Registrar/Trading			Standards			6618.00
120.3Scout Hut						750.00
120.4Tennis Club						4229.26
120.5Bowls Club						9945.00
120.6DCC Land Rental						20628.00
120.7Kiosk Licence						3500.00
130.1Registrars section		(elec, cleaning etc)				2905.78
145.0lnterest - Special	Int Bearing			Acc		0.24
146.0interest - Royal Bank Of Scotland
150.0Caf Fixed interest		Fund	Income			4.35
155.0Caf Equity Fund Income						15.81
158.0Scottish Widows -		Interest
159.0Santander Interest						40.73
160.0COLA interest
180.0Miscellaneous Income						13023.76
185.0Electricity Feed In		Payments				4284.99
190.0FTC recharges for		grounds		staff		21500.00
195.0Town Council Grant						118259.73
196.0Fete On The Fields						894.24
199.00ther grants
200.1Groundstaff and Housekeeper					salaries	70101.67
200.2Employers Nl						3116.66
200.3Employers pension						12452.33
200.4Employee Nl						5726.37
200.4Student Loan
200.5Employee Pension						3834.68
200.6Tax						7364.20
201.0Contracted staff						600.00
210.0Ftc AdJustment						21500.00
220.1Football						5614.32
220.2Bowls						5080.91
220.3Tennis						7810.94
220.4Cricket						1022.54
220.5Skatepark						180.00
220.6General						251.47
220.7Fuel						1400.92
225.0COVID						2208.32
230.0Capital Machinery
240.0Asset Replacement
250.0Equipment Funds						3774.89
260.1General Maintenance						9398.34
260.2Electricity						17266.36

260.3Water/Sewage			5352.84
260.4Servicing and Compliance	testing		11215.83
270.0Chlldrens Play Area			402.40
280.0Skatepark Improvements
290.0Accountancy Fees			1000.00
295.0Legal &Professional Fees			4037.38
300.0General			2582.58
320.0lnsurance			17145.65
330.0Health &Safety			1544.35
331.0Training			1929.76
332.0Contractors fees			9577.80
340.1Telephone charges			1127.22
340.2General Admin costs			1334.96
340.3Advertising
340.4IT Support
340.5Subscriptions			202.00
360.2Recycling waste charges			114.62
360.3General waste charges			2545.08
390.0Depreciation			25733.00
400.0Land &Buildings —cost bfwd			1036143.00
400.5Land &Buildings —revaluation		in year
401.0Land —Community Assets			1445722.00
401.5Land —Community Assets	revaluation
420.0Community assets —cost b/fwd			364018.00
424.0Community assets —addns			15613.74
425.0Communlty assets —disposals
430.0Community assets —depn	b/fwd			238306.00
431.0Community assets —depn	for year			21199.00
432.0Community assets —depn	disposals
440.0Equipment —cost bfwd			19882.65
444.0Equipment —addns
445.0Equipment —disposals
450.0Equipment —depn b/fwd				11307.00
452.0Equipment —depn for year				1715.00
453.0Equipment —depn disposals
460.0Vehicles —b/fwd			37532.00
462.0Vehicles —addns			3240.00
465.0Vehicles —disposals
470.0Vehlcles —depn b/fwd				29494.99
472.0Vehicles —depn charge for year				2819.00
473.0Vehlcles —depn disposals
500.0CAF Equity Fund (619,037.17)			31081.98
501.0CAF fixed interest Fund (671,275.86)			66336.44
503.0Royal Bank Of Scotland			53955.60
504.0Santander 12 month Business		Bond	50995.49
505.0Scottlsh widows 1 year term deposit
506.1COLA Deposit fund			53332.96
510.0Trade debtors			27898.84
515.0Prepayments
601.0Nat West Current Account			91252.77
602.0Nat West Interest Account			2499.88
603.0Petty Cash

700.0Wages control account
710.0Trade creditors		5365.62
720.0Accruals		500.00
800.0General fund (surplus on activities)		111800.70
810.0Restricted Income Fund: Harmont	Woods	4146.00
811.0Restricted Income Fund: Playground
812.0Restricted Income Fund: Bandstand		495.00
813.0Restricted Income Fund: Tennis Court
820.0General fund —KGV building		1570829.00
830.0Endowment Funds (net ofSolar panels)		258200.00
835.0Fixed asset revaluation 31.03.21		1069525.00
840.0Investment Revaluation reserve		5243.71