2020-12-31-accounts

SWALECLIFFE AND CHESTFIELD COM￿[uNr[y ASSOCIATION Accounts for the year ended 31 December 2020

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Association Information

Committee	D Pankhurst	Chairman
	P White	Secretary
	P Sheldrake	Treasurer
	J Madden
	D Roberts
	E Patterson
Registered Charity	Charity Number 302881
Accountants	The Bubb Sherwin Partnership Limited
	Chartered Certified Accountants
	100 High Street
	Whitstable
	Kent
	CT5 1AT
Association address	19 St John's Road
	Whitstable
	Kent
	CT5 2QU
Bankers	Barclays Bank plc
	65-67 Whitstable High Street
	Whitstable
	Kent
	CT5 1AT
Legal Advisors	Girlings Solicitors
	3-6 Dane John
	Canterbury
	Kent
	CT1 2UG

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Contents

	Page
Report of the Committee	1 - 2
Accountants' report	3
Income & expenditure account	4 - 5
Balance sheet	6
Notes to the accounts	7

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Report of the Committee for the year ended 31 December 2020

Introduction

The Association is governed by the constitution and rules.

The objective of the Association is to promote for the benefit of the inhabitants of Canterbury City Council area and the neighbourhood by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education, and to provide facilities in the interest of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants.

Furthermore to maintain and manage, in co-operation with the local statutary authority, a Community Centre for activities promoted and encouraged by the Association and its constituent bodies for the furtherance of the above objects.

Trustees

Mr D Pankhurst Mr T Danson Mrs C Patterson

Committee members

D Pankhurst - Chairman P White - Secretary P Sheldrake J Madden D Roberts E Patterson A Lyon

Appointment of members of the committee

The officers are elected by an annual general meeting of members for a period of three years. The current appointments were made at an extraordinary general meeting.

Financial Review and developments

	2020	2019
The Association has generated a surplus / (deficit) in the year	298	3,942

The 2020 amount takes into account a donation of £6,000 from the club and government grants amounting to £25,057. The donated amount was £30,750 in 2019.

The net amount of VAT claimed and recovered from HM Revenue and Customs for the year to 31 December 2020 amounted to £661 (£14062 was paid for 31 December 2019). These amounts take account of vat payable in respect of the Club.

Page 1

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

The funds on hand at the Nationwide building society account amounted to £45,999 at 31 December 2020 and £45,932 at 31 December 2019

Associated organisations

The Association acts independently.

The Association is associated with Swalecliffe and Chestfield Community Association Club.

Committee's responsibilities

The committee of the Association is required to prepare, for each financial year, accounts which give a true and fair view of the state of the Association and of the incoming resources and application of resources of the Association for that period. In preparing these financial statements, the Committee is required to:

1. select suitable accounting policies and then apply them consistently;

2. make suitable judgements and estimates that are reasonable and prudent;

3. state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed in the financial statements; and

4. prepare the financial statements on the going concern basis unless it is inappropriate to presume that this basis applies.

The Committee is responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the Association and which enable them to ensure that the financial statements comply with the statutory requirements and with the Constitution and Rules. They are also responsible for safeguarding the assets of the Association and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Approved by the Committee and signed as authorised on their behalf:

D Pankhurst P White Chairman Secretary

Date Date

Page 2

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Accountants' Report on the Unaudited Accounts

for the year ended 31 December 2020

The Balance sheet and Income and Expenditure account for Swalecliffe and Chestfield Community Association have been prepared from the accounting records and information and explanations supplied to us and they are in accordance therewith.

The Bubb Sherwin Partnership Limited

Chartered Certified Accountants 100 High Street Whitstable Kent CT5 1AT

Page 3

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Income and Expenditure account for the year ended 31 December 2020

Hall Bookings Bowling Club Subs & affiliation fees Donations from Swalecliffe & Chestfield Community Association Club Cost of sales Hire of plant and machinery Gross profit Administrative expenses Wages and salaries Employer's NI contributions Employers Allowance Staff pension costs Committee Members Fees Rent Water rates Insurance Light and heat Cleaning and laundry Waste disposal General repairs and maintenance Redecorating Floor renovation New curtains Renewal of facilities Alarm, Security & Fire Protection Printing, postage and stationery Advertising Telephone and internet Computer costs Accountancy Bank charges Sundry expenses Subscriptions and licence Depreciation on FF & Equipment	2020 £ 64 64 19,828 446 ) (446 - 320 3,750 3,281 2,054 8,356 808 965 406 - - - 3,618 280 521 - 1,114 122 1,450 351 - 180 527	£ 14,294 1,039 1,785 6,000 23,118 64 23,054 ) (47,931	2019 £ - - 18,777 167 ) (167 29 24 3,750 3,356 1,906 11,871 7,190 1,987 3,630 7,920 5,710 802 - 516 550 68 1,155 70 1,795 532 4 180 521	£ 41,637 3,109 645 30,750 76,141 - 76,141 ) (72,343

Page 4

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Other operating income Government grants - Council Government grant - Job retention scheme Operating Surplus / ( Deficit) Interest receivable Bank deposit interest Net Surplus / ( Deficit)	17,000 8,057 118	25,057 180 118 298	- 144	-
				3,798 144
				3,942

Page 5

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Balance sheet as at 31 December 2020

Notes Fixed assets Tangible assets 2 Current assets Debtors 3 Cash at bank and in hand Current liabilities (note 4) Trade creditors Other creditors Accruals Net current assets Total assets less current liabilities Capital account Brought forward at 1 January 2020 Surplus / ( Deficit) for the year Retained Surpluses Grants Received	2020 £ 25,658 52,303 77,961 262 1,101 1,450 2,813	£ 130,531 75,148 205,679 148,931 298 149,229 56,450 205,679	2019 £ 20,664 59,583 80,247 1,916 2,213 1,795 5,924	£ 131,058 74,323
				205,381
				144,989 3,942
				148,931 56,450
				205,381

Approved by the Committee and signed on its behalf by

D Pankhurst P White Chairman Secretary Date: Date:

Page 6

SWALECLIFFE AND CHESTFIELD COMMUNITY ASSOCIATION

Notes to the accounts

for the year ended 31 December 2020

2. Tangible assets

Tangible assets	**Land and **	**Land and **	Fixtures	Fixtures
	**buildings **		Fittings &
	freehold			Equipment	Total
		£		£	£
Cost
At 1 January 2020		129,389		37,591	166,980
At 31 December 2020		129,389		37,591	166,980
Depreciation
At 1 January 2020			-	35,922	35,922
Charge for the year			-	527	527
At 31 December 2020			-	36,449	36,449
Net book values
At 31 December 2020		129,389		1,142	130,531
At 31 December 2019		129,389		1,669	131,058

The Freehold property and Fixtures & fittings are used for charitable purposes and are not held for investment gain.

3. Debtors Amount owed by Swalecliffe & Chestfield Association Club Other debtors Prepayments and accrued income 4. Current liabilities Creditors Other creditors Accruals and deferred income	2020 £ 13,169 4,386 8,103 25,658 2020 £ 262 1,101 1,450 2,813	2019 £ 15,102 1,034 4,528
		20,664
		2019 £ 1,916 2,213 1,795
		5,924

Page 7