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|---|---|---|---|---|---|
|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|





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|||||||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<br>to light &heat||||||351||351|6,432|
|Subscriptions||||||117||117|162|
|Government<br>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<br>subsidiary<br>income||||||305||305|29,782|
|Quasi subsidiary<br>income|||||||||1,700|
|Total incoming<br>resources||||||69,099||69,099|96,619|
|Resources expended||||||||||
|Cost of activities<br>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<br>charity expenditure||||||3,052||3,052|3,790|
|Costs ofgenerating<br>funds:||||||||||
|Trading subsidiary<br>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<br>&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||||||||||





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||||||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<br>Bond|||||50|50|50|50|
|National<br>Savings|Investment||Account||23,193|23,027|23,193|23,027|
|National<br>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<br>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<br>funds:|||||||||
|General funds||||12|176,591|160,413|173,591|157,413|
|Restricted funds||||13|||||
|Designated<br>funds||||13|87,422|87,265|81,217|81,009|
||||||264,013|247,678|254,808|238,422|





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|xtracted<br>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<br>expenses|||1,771|19,284|
|Operating<br>(loss)|/ profit||(2,999)|45|
|Donations<br>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<br>retained|for the year||Nil|Nil|



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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|E|
|Fundraising<br>income||||||1,700|
|Cost offundraising||activities|||||
|Surplus<br>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|





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||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<br>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<br>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:|||||





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|angible fixed as|s|ets||||Consolidated|and Associati|on|
|---|---|---|---|---|---|---|---|---|
||||||||Fixtures||
|||||||Leasehold|fittings<br>&||
|||||||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<br>shares||of f1 each (incorporated|||||||
|in England)|||||||||
|Stock|||||||||
||||||Consolidated||Association||
||||||2021|2020|2021|2020|
|||||||6|K|6|
|Bar stock for resale|||||766|2,299|||



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|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|



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|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|



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|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<br>funds:||||||||
|Lobby improvements||fund|15,000||||15,000|
|Furniture<br>replacement||fund|10,000||||10,000|
|Easement<br>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|



## 

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|dditi|on<br>to their duties as Trustees. The amounts<br>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|





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|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
|Income||||||||||
|Hire Charges|||||||28,190||55,422|
|Contributions<br>to||light &heat|||||351||6,432|
|Subscriptions|||||||117||162|
|Interest received|||||||279||360|
|Miscellaneous|Income||||||||1,030|
|Fundraising|||||||||1,931|
|Government<br>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<br>of||fixtures and|||fittings|1,998||2,128||
|Amortisation<br>of||leasehold||property||5,343||4,346||
|||||||21,544||32,236||
|Management|and||administration|||||||
|Telephone<br>and||internet||||592||514||
|Printing,<br>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|