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**