| Page | |||||
|---|---|---|---|---|---|
| Legal and administrative | information | 1-2 | |||
| Report ofthe | Trustees | 3-4 | |||
| Report ofthe | Independent | Examiners | |||
| Consolidated | statement | offinancial | activities | ||
| Consolidated | balance sheet | ||||
| Notes to the | accounts | 8-14 | |||
| Management | information | 15 |
| Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| Notes | E | 6 | |||||||
| Incoming resources | |||||||||
| Activities to further the Charity's | |||||||||
| objects: | |||||||||
| Hire charges | 28,190 | 28,190 | 55,422 | ||||||
| Contribution to light &heat |
351 | 351 | 6,432 | ||||||
| Subscriptions | 117 | 117 | 162 | ||||||
| Government grants |
39,857 | 39,857 | |||||||
| Other grant income | 1,500 | ||||||||
| Other | 1,030 | ||||||||
| Activities for generating | funds: | ||||||||
| Fundraising | 231 | ||||||||
| Interest received | 279 | 279 | 360 | ||||||
| Trading subsidiary income |
305 | 305 | 29,782 | ||||||
| Quasi subsidiary income |
1,700 | ||||||||
| Total incoming resources |
69,099 | 69,099 | 96,619 | ||||||
| Resources expended | |||||||||
| Cost of activities in |
furtherance | ||||||||
| ofthe Charities objects: | |||||||||
| Wages and salaries | 6 | 22,785 | 22,785 | 32,898 | |||||
| Premises costs | 5 | 21,545 | 21,545 | 32,236 | |||||
| General charity expenditure |
3,052 | 3,052 | 3,790 | ||||||
| Costs ofgenerating funds: |
|||||||||
| Trading subsidiary expenditure |
|||||||||
| Wages | 1,667 | 1,667 | 14,058 | ||||||
| Other costs | 1,637 | 1,637 | 10,680 | ||||||
| Governance costs: | |||||||||
| Professional fees | 2,002 | 2,002 | 1,674 | ||||||
| Photocopies &postage |
76 | 76 | 393 | ||||||
| Total resources expended | 5 | 52,764 | 52,764 | 95,729 | |||||
| Net incoming resources | 16,335 | 16,335 | 890 | ||||||
| Fund balances brought | forward | 1 April | 247,678 | 247,678 | 246,788 | ||||
| 2020 | |||||||||
| 264,013 | 264,013 | 247,678 | |||||||
| Transfers | |||||||||
| Fund balances carried | forward | 31 March | 264,013 | 264,013 | 247,678 | ||||
| 2021 |
| Consolidated | Association | Association | ||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 2021 | 2020 | 2021 | 2020 | ||||
| F | E | E | ||||||
| Fixed assets | ||||||||
| Tangible assets | 140,003 | 142,203 | 140,003 | 142,203 | ||||
| Investments | 4 | 4 | ||||||
| 140,003 | 142,203 | 140,007 | 142,207 | |||||
| Current assets | ||||||||
| Stock | 9 | 766 | 2,299 | |||||
| Debtors | 10 | 3,261 | 6,908 | 5,293 | 10,266 | |||
| Premium Bond |
50 | 50 | 50 | 50 | ||||
| National Savings |
Investment | Account | 23,193 | 23,027 | 23,193 | 23,027 | ||
| National Savings |
Income Bonds | 16,000 | 16,000 | 16,000 | 16,000 | |||
| Bank and Building | Society balances | 83,520 | 59,889 | 73,722 | 51,063 | |||
| Cash in hand |
878 | 2,566 | 146 | 198 | ||||
| 127,668 | 110,739 | 118,404 | 100,604 | |||||
| Creditors: Amounts | falling | due | ||||||
| within one year | 3,658 | 5,264 | 3,603 | 4,389 | ||||
| Net current assets | 124,010 | 105,475 | 114,801 | 96,215 | ||||
| Total net assets | 264,013 | 247,678 | 254,808 | 238,422 | ||||
| Funds | ||||||||
| Unrestricted funds: |
||||||||
| General funds | 12 | 176,591 | 160,413 | 173,591 | 157,413 | |||
| Restricted funds | 13 | |||||||
| Designated funds |
13 | 87,422 | 87,265 | 81,217 | 81,009 | |||
| 264,013 | 247,678 | 254,808 | 238,422 |
| xtracted from its |
accounts to | 31 March 2021 are sho | wn below: | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| E | E | |||
| Turnover | 305 | 29,670 | ||
| Less: Cost ofsales | 1,533 | 10,341 | ||
| Gross (loss) / profit | (1,228) | 19,329 | ||
| Administration expenses |
1,771 | 19,284 | ||
| Operating (loss) |
/ profit | (2,999) | 45 | |
| Donations received |
112 | |||
| Net (loss) I profit | for the year | (2,999) | 157 | |
| (Transfer ofloss | from) / Donation to | |||
| North Walsham | Community | Association | 2,999 | (157) |
| Amount retained |
for the year | Nil | Nil |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| E | E | |||||
| Fundraising income |
1,700 | |||||
| Cost offundraising | activities | |||||
| Surplus for the year |
1,700 | |||||
| Balance | 1 April 2020 | 6,256 | 8,008 | |||
| Receipts | from North | Walsham | Community | Association | 231 | |
| Payments | to North | Walsham | Community | Association | (51) | (3,683) |
| Balance | 31 March 2021 | 6,205 | 6,256 |
| Net outgoing | resources | is s | tated afte | r charging: | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| 6 | |||||||||
| Depreciation | ofowned | assets | 7,341 | 6,474 | |||||
| 5. | Total resources expended | ||||||||
| Governance | Staff | ||||||||
| costs | costs | Depreciation | Other | Total | |||||
| E | F | K | |||||||
| Direct charitable expenditure: |
|||||||||
| Wages and | salaries | 24,452 | 24,452 | ||||||
| Premises costs | 7,341 | 14,204 | 21,545 | ||||||
| 24,452 | 7,341 | 14,204 | 45,997 | ||||||
| Other expenditure: | |||||||||
| Trading expenditure | 1,637 | 1,637 | |||||||
| General charity expenditure |
76 | 3,052 | 3,128 | ||||||
| Independent | examination | fee | 1,536 | 1,536 | |||||
| Other financial services | 466 | 466 | |||||||
| 2,078 | 24,452 | 7,341 | 18,893 | 52,764 | |||||
| 6. | Staff costs | ||||||||
| 2021 | 2020 | ||||||||
| E | |||||||||
| Wages and | salaries | 23,553 | 46,067 | ||||||
| Social Security costs | 2,007 | 1,979 | |||||||
| Pension costs | 899 | 889 | |||||||
| Employment | Allowance | (2,007) | (1,979) | ||||||
| 24,452 | 46,956 | ||||||||
| The average | number | ofemployees | for the charity was: |
| angible fixed as | s | ets | Consolidated | and Associati | on | |||
|---|---|---|---|---|---|---|---|---|
| Fixtures | ||||||||
| Leasehold | fittings & |
|||||||
| property | equipment | Total | ||||||
| 6 | 6 | |||||||
| Cost | ||||||||
| 1 April 2020 | 212,218 | 161,596 | 373,814 | |||||
| Additions | 5,141 | 5,141 | ||||||
| 31 March 2021 | 217,359 | 161,596 | 378,955 | |||||
| Depreciation | ||||||||
| 1 April 2020 | 98,301 | 133,310 | 231,611 | |||||
| Charge for the year | 5,343 | 1,998 | 7,341 | |||||
| 31 March 2021 | 103,644 | 135,308 | 238,952 | |||||
| Net book amount | ||||||||
| 31 March 2021 | 113,715 | 26,288 | 140,003 | |||||
| 31 March 2020 | 113,917 | 28,286 | 142,203 | |||||
| ixed assets investments | ||||||||
| Consolidated | Association | |||||||
| 2021 | 2020 | 2021 | 2020 | |||||
| K | F | f | ||||||
| Cost at 31 March | 2021 | |||||||
| North Walsham | Community | Centre | Limited | |||||
| Ordinary shares |
of f1 each (incorporated | |||||||
| in England) | ||||||||
| Stock | ||||||||
| Consolidated | Association | |||||||
| 2021 | 2020 | 2021 | 2020 | |||||
| 6 | K | 6 | ||||||
| Bar stock for resale | 766 | 2,299 |
| ebtors | |||||
|---|---|---|---|---|---|
| Consolidated | Association | ||||
| 2021 | 2020 | 2021 | 2020 | ||
| E | E | E | |||
| Trade debtors | 640 | 4,477 | 640 | 4,477 | |
| Prepayments | and accrued income | 2,621 | 2,431 | 2,621 | 2,431 |
| Other debtors | 2,032 | 3,358 | |||
| 3,261 | 6,908 | 5,293 | 10,266 |
| reditors | ||||||
|---|---|---|---|---|---|---|
| Consolidated | Association | |||||
| 2021 | 2020 | 2021 | 2020 | |||
| K | f | |||||
| Trade creditors | 860 | 860 | ||||
| Taxation | and social security | 446 | 446 | |||
| Pension | contributions | 216 | 204 | 216 | 204 | |
| Accruals | and deferred | income | 2,582 | 4,598 | 2,527 | 3,723 |
| Other creditors | 16 | 16 | ||||
| 3,658 | 5,264 | 3,603 | 4,389 |
| nalysis | ofnet assets between fu | nds | |||
|---|---|---|---|---|---|
| General | Restricted | Designated | Total | ||
| Funds | Funds | Funds | Funds | ||
| E | 6 | E | E | ||
| Tangible | fixed assets | 140,003 | 140,003 | ||
| Investments | |||||
| Current | assets | 40,246 | 87,422 | 127,668 | |
| Current | liabilities | (3,658) | (3,658) | ||
| 176,591 | 87,422 | 264,013 |
| tatement of | funds | ||||||
|---|---|---|---|---|---|---|---|
| At | At | ||||||
| 1 April | Incoming | Outgoing | 31March | ||||
| 2020 | Resources | Resources | Transfers | 2021 | |||
| f | E | f | F | ||||
| Unrestricted | funds: | ||||||
| General fund | 160,413 | 68,891 | (52,713) | 176,591 | |||
| Designated funds: |
|||||||
| Lobby improvements | fund | 15,000 | 15,000 | ||||
| Furniture replacement |
fund | 10,000 | 10,000 | ||||
| Easement fund |
500 | 500 | |||||
| Roof repair fund | 15,000 | 15,000 | |||||
| Contingencies | reserve | 40,509 | 208 | 40,717 | |||
| Repairs and | improvement | ||||||
| reserve | 6,256 | (51) | 6,205 | ||||
| Total funds | 247,678 | 69,099 | (52,764) | 264,013 |
| dditi | on to their duties as Trustees. The amounts paid were as follows: |
||
|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Mr | &Mrs J Amies (resigned as Trustee 25 November 2019) | 13,351 | |
| Mr | CJeary | 680 | 230 |
| Mrs | A Hudson | 44 | 125 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Income | |||||||||
| Hire Charges | 28,190 | 55,422 | |||||||
| Contributions to |
light &heat | 351 | 6,432 | ||||||
| Subscriptions | 117 | 162 | |||||||
| Interest received | 279 | 360 | |||||||
| Miscellaneous | Income | 1,030 | |||||||
| Fundraising | 1,931 | ||||||||
| Government grants |
39,857 | ||||||||
| Other grants | 1,500 | ||||||||
| North Walsham | Community | Centre Ltd: | |||||||
| Management | charge | 4,887 | |||||||
| Donation | (2,999) | 157 | |||||||
| 65,795 | 71,881 | ||||||||
| Less | |||||||||
| Expenditure | |||||||||
| Wages and salaries | 22,785 | 32,898 | |||||||
| Premises | |||||||||
| Cleaning | 1,308 | 3,113 | |||||||
| Light, heat and | water | 3,837 | 10,500 | ||||||
| Rent and rates | 1 | 2,597 | |||||||
| Repairs, renewals | and maintenance | 5,538 | 5,938 | ||||||
| Insurance | 3,519 | 3,614 | |||||||
| Depreciation of |
fixtures and | fittings | 1,998 | 2,128 | |||||
| Amortisation of |
leasehold | property | 5,343 | 4,346 | |||||
| 21,544 | 32,236 | ||||||||
| Management | and | administration | |||||||
| Telephone and |
internet | 592 | 514 | ||||||
| Printing, postage, |
stationery | &adverts | 157 | 836 | |||||
| Office equipment | maintenance | 56 | 31 | ||||||
| Licences | 111 | 184 | |||||||
| Professional fees | 4,130 | 4,027 | |||||||
| Sundry expenses | 85 | 264 | |||||||
| Bank charges | 1 | ||||||||
| 5,131 | 5,857 | ||||||||
| 49,460 | 70,991 | ||||||||
| Profit for the | year | 16,335 | 890 |