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2020-12-31-accounts

WINDSOR DRIVE COMMUNITY ASSOCIATION

REGISTERED CHARITY NO. 303036

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2020

WINDSOR DRIVE COMMUNITY ASSOCIATION

Trustees’ Annual Report For the year ended 31 December 2020

The Trustees have pleasure to present their Annual Report and Accounts for the year ended 31 December 2020.

Reference and Administration Details:

Registered Charity Number: 303036

Charity address: Chelsfield Community Centre Windsor Drive Chelsfield Orpington Kent BR6 6HD

Names of the charity trustees who manage the charity:

Monica Bracco ~ Hon. Treasurer Lynn Town ~ Secretary Jean Mander Gary Carter Julie Carter

Reporting accountant: Mr K Robinson FCA

Bankers: NatWest Orpington Branch 235 High Street Orpington Kent BR6 0NS

Structure, Governance and Management:

The Windsor Drive Community Association is governed by its Constitution as adopted on the 21 March 1950 and as amended on the 10 February 1964 and the 7 February 2005.

Trustees are appointed or reappointed annually at the Annual General Meeting held in June.

Objectives and Activities:

The objectives of the charity are:

Our regular hirers continue to provide a diverse range of activities at the Community Centre including the Pre-school/Nursery, the Koi Carp Society, Yoga, Karate and a Fitness Class.

Achievements and Performance:

The certified accounts for the year ended 31[st] December 2020 show income of £27,335 and expenditure of £20,832 leaving a surplus of £6,503 for the year. Funds of £41,619 were available at the end of the year. Income has decreased by just over 50% in comparison with last year. This is mainly due to the Covid 19 pandemic. Though a Coronavirus Business Support Grant for £10,000 was received in April 2020, which helped during unpredictable times.

No major expenditure took place in 2020.

Financial Review:

Our funds are held in bank accounts (a current account and a reserve account), all of which are unrestricted funds. We aim to hold at least £10,000 in the reserve account to meet any unforeseen expenditure that may occur.

In terms of our hirers, the number of private lettings has now increased due to restrictions being lifted. As far as our regular lettings are concerned not all of our original hirers have come back yet.

Future Plans:

Our main focus is on refurbishing the kitchen and on upgrading the floor in the hall.

Lottery funding may need to be investigated and further help at the Community Centre is needed if we are to meet our objectives.

The Trustees look forward to meeting the challenge of providing a pleasant environment at the Community Centre for the benefit of all Chelsfield residents.

Declaration:

The Trustees declare that they have approved the Trustees’ Report above.

Signed on behalf of the Charity’s Trustees on 14[th] September 2021:

_____ _______ Monica Bracco (Hon. Treasurer) Lynn Town (Secretary)

Page 1

WINDSOR DRIVE COMMUNITY ASSOCIATION

Registered as a charity number 303036

Independent examiner's report to the trustees of The Windsor Drive Community Association on the accounts for the year ended 31[st] December, 2020 set out on pages 2 and 3.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:-

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

K Robinson Chartered Accountant Willowcroft, Westerham TN16 1LX

14[th] September, 2021

Page 2

WINDSOR DRIVE COMMUNITY ASSOCIATION

Registered as a charity number 303036

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st DECEMBER 2020

INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31st DECEMBER 2020
2020
2019
£ £
Income:
Hire of halls and rooms 17,329 36,107
Bank deposit interest 6 13
Coronavirus Business Support Grant 10,000 -
-------- --------
27,335 36,120
-------- --------
Expenditure:
Wages for maintenance and cleaning 1,352 2,934
Management and committee expenses 1,548 2,055
Affiliation and licence fees 836 918
Accountants fee 120 120
Cleaning materials 328 711
Insurance 1,016 534
Light and heat 4,208 5,330
Printing, stationery and postage 18 112
Rent and rates 10,131 10,918
Repairs, renewals and maintenance 1,259 2,425
Depreciation of furniture and fittings 16 21
-------- --------
20,832 26,078
-------- --------
Excess of (expenditure) over income 6,503 10,042
Funds brought forward 35,116 25,074
-------- ---------
General fund carried forward £41,619 £35,116
===== =====

Page 3

WINDSOR DRIVE COMMUNITY ASSOCIATION

Registered as a charity number 303036

BALANCE SHEET AS AT 31st DECEMBER, 2020

BALANCE SHEET AS AT 31st DECEMBER, 2020
2020 2019
£ £ £
Fixed assets:
Furniture and fittings - Cost 12,116 12,116
- Accumulated depreciation 12,050 12,034
-------- --------
66 82
------
Current assets:
Debtors and prepaid expenses 10,597 22,859
Bank and cash 32,707 14,378
-------- ---------
43,304 37,237
Current liabilities:
Creditors 1,751 2,203
-------- ---------
Net current assets 41,553 35,034
-------- ---------
£41,619 £35,116
===== =====
Represented by:
General fund £41,619 £35,116
===== =====

NOTE TO THE ACCOUNTS AT 31[st] DECEMBER, 2020

Related party transactions

Julie Carter and Gary Carter are trustees of the Association. Julie Carter is also the sole proprietor of the Chelsfield Pre School and hires the premises to operate that business. During the year hire charges of £15,150 have been made to that business and at the end of the year the debtors include an amount of £10,052 due from that business. Since the end of the year that amount has been settled in full.

Approved by the committee on 14[th] September, 2021

M. BRACCO Treasurer

L. TOWN Secretary

Page 1

WINDSOR DRIVE COMMUNITY ASSOCIATION

Registered as a charity number 303036

Independent examiner's report to the trustees of The Windsor Drive Community Association on the accounts for the year ended 31[st] December, 2020 set out on pages 2 and 3.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with 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 consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:-

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

K Robinson Chartered Accountant Willowcroft, Westerham TN16 1LX

14[th] September, 2021

Page 2

WINDSOR DRIVE COMMUNITY ASSOCIATION

Registered as a charity number 303036

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st DECEMBER 2020

INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31st DECEMBER 2020
2020
2019
£ £
Income:
Hire of halls and rooms 17,329 36,107
Bank deposit interest 6 13
Coronavirus Business Support Grant 10,000 -
-------- --------
27,335 36,120
-------- --------
Expenditure:
Wages for maintenance and cleaning 1,352 2,934
Management and committee expenses 1,548 2,055
Affiliation and licence fees 836 918
Accountants fee 120 120
Cleaning materials 328 711
Insurance 1,016 534
Light and heat 4,208 5,330
Printing, stationery and postage 18 112
Rent and rates 10,131 10,918
Repairs, renewals and maintenance 1,259 2,425
Depreciation of furniture and fittings 16 21
-------- --------
20,832 26,078
-------- --------
Excess of (expenditure) over income 6,503 10,042
Funds brought forward 35,116 25,074
-------- ---------
General fund carried forward £41,619 £35,116
===== =====

Page 3

WINDSOR DRIVE COMMUNITY ASSOCIATION

Registered as a charity number 303036

BALANCE SHEET AS AT 31st DECEMBER, 2020

BALANCE SHEET AS AT 31st DECEMBER, 2020
2020 2019
£ £ £
Fixed assets:
Furniture and fittings - Cost 12,116 12,116
- Accumulated depreciation 12,050 12,034
-------- --------
66 82
------
Current assets:
Debtors and prepaid expenses 10,597 22,859
Bank and cash 32,707 14,378
-------- ---------
43,304 37,237
Current liabilities:
Creditors 1,751 2,203
-------- ---------
Net current assets 41,553 35,034
-------- ---------
£41,619 £35,116
===== =====
Represented by:
General fund £41,619 £35,116
===== =====

NOTE TO THE ACCOUNTS AT 31[st] DECEMBER, 2020

Related party transactions

Julie Carter and Gary Carter are trustees of the Association. Julie Carter is also the sole proprietor of the Chelsfield Pre School and hires the premises to operate that business. During the year hire charges of £15,150 have been made to that business and at the end of the year the debtors include an amount of £10,052 due from that business. Since the end of the year that amount has been settled in full.

Approved by the committee on 14[th] September, 2021

M. BRACCO Treasurer

L. TOWN Secretary