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2021-03-31-accounts

CHAULDEN NEIGHBOURHOOD ASSOCIATION

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2021

INCOME
2021
£
Hall Lettings
8,452
Social Bingo
141
Bank Interest
Grants
21,388
Fundraising
29,982
OVERHEADS
Salaries and Wages
17,529
Rates and Water
3,871
Heat and Light
3,654
Telephone and Internet
1,513
Buildings Insurance
427
Licences
452
Maintenance
1,087
28,533
EXPENDITURE
Bingo Exp
0
Affiliation Fees
0
New Equipment
476
Cleaning
186
Printing and Stationery
0
Accountancy
0
Window Cleaning
89
Admin Charges
0
Staff Training
0
Pat Testing
79
Fund Raising
0
831
Gross Surplus/Loss
618
Less Depreciation
1841.94
Nett Surplus
-1,224
23,439
803
3,849
1,394
1,481
0
3,031
192
596
0
507
924
974
80
83
150
42
7,745
9,436
2020
£
38,295
2,244
0
2,000
12,187
54,726
33997
3,548
17,181

CHAULDEN NEIGHBOURHOOD ASSOCIATION

BALANCE SHEET AS AT 31ST MARCH 2021

General Fund
Balance 1st April 2020
Surplus/Deficit for the year
Represented by
Assets
Fixtures and Fittings
Debtors
cash in hand and at Bank
Less Short Term Liabilities
Creditors
2021
£
39,221
-1,224
37,997
11,005
26,992
37,997
37,997
2020
£
27,354
9,436
36,790
12,875
54
23,861
36,790
36,790

Financial Report for the year to 31st March 2021

CHAULDEN NEIGHBOURHOOD ASSOCIATION

The accounts were prepared using sage accounting and examined in accordance with the General Directions given by the Charity Commission.

An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records.

It also includes any unusual items of disclosure in the accounts and seeking explanations from the Trustees concerning any such matters.

Covid 19 restrictions were introduced in March 2019 The associatoion was put into Lock down and the business was suspended.

Retrictions were not copletely lifted during this financial year.

Although struggling to generate income the business received a number of

grants which totalled £21388 designed to enable small business in the area to cope financially during lock down.

The examination of the accounts do not provide all the evidence that could be required in an Audit as the business was not trading to capacity therefore I do not express an Audit option on the view given by the accounts.

My examination has not revealed any matter which gives me reasonable cause to believe that in any material respect the requirement to keep accounting records with section 41 of the Act: to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act.

Lynda Carey AAT MCIM 24 Middle Hill Hemel Hempstead Hertfordshire HP1 2JQ

Lynda Mckill