2021-12-31-accounts - Allerford Community Hall

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Allerford Community Hall

Registered Charity Number 304624

Financial Statements For the year ended 31 December 2021

Overstream Tax and Accounting Parsons Street Porlock TA24 8QJ

Allerford Community Hall Financial statements For the year ended 31 December 2021

Contents Independent Examiner’s report Income and expenditure account Balance sheet Notes to the Financial Statements	Page
	1 2 3 4 - 7

Allerford Community Hall Independent Examiner’s report

I report on the accounts for the year ended 30 September 2021, which are set out on pages 2 to 6..

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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the 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 you as 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:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met, or

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

Signed…………………………

Date: 7 June 2022

Nick Shattock Overstream Tax and Accounting Parsons Street Porlock Somerset TA24 8QJ

Allerford Community Hall Income and expenditure account Year to 31 December 2021

Receipts Direct costs Income before administrative expenses Administrative expenses Net income	2022 27,564 805 26,759 8,010 18,749	2021 16,133 491 15,642 4,490 11,152

Allerford Community Hall Balance sheet As at 31 December 2021

Note Fixed assets Tangible assets 2 Current assets Stock 911 Bank 18,378 Cash 0 19,289 Creditors Creditors and accruals 550 Loans Net current assets Total assets less current liabilities Reserves Reserves brought forward Income and expenditure a/c 3	2022 63,622 713 13,111 10 13,834 4,477 18,739 82,361 63,612 18,749 82,361	2021 54,255 9,357 63,612
		52,460 11,152
		63,612

Allerford Community Hall

Notes to the financial statements accounts

Year to 31 December 2021

1. Accounting policies

a. Basis of accounting

The accounts have been prepared under the historical cost convention.

b. Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Generally Accepted Accounting Practice.

c. Receipts

Receipts represent amounts receivable.

d. Tangible fixed assets

Tangible assets other than fixtures and fittings are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures and fittings nil Equipment 20% reducing balance

e. Liabilities

All liabilities are recognised as they arise or on notification and are all due for settlement within one year unless stated otherwise.

f.. Taxation

The charity’s activities fall within its primary charitable objectives and are therefore exempt from taxation under Sections 521 to 536 Income Tax Act 2007.

Allerford Community Hall Notes to the financial statements accounts Year to 31 December 2021

2. Tangible assets

Fixtures and fittings 52,827 8,137 60,964 60,964 0 0 0 60,964 52,827	Total 55,349 10,102 65,451 70 65,381 1,094 665 1,759 63,622 54,255	Total 55,349 10,102 65,451 70 65,381 1,094 665 1,759 63,622 54,255
fittings
	65,451 70 65,381
	1,094 665 1,759 63,622	1,094 665 1,759
	54,255

Allerford Community Hall Notes to the financial statements accounts Year to 31 December 2021

3. Income and expenditure account

Receipts Events Recreation ground hire Film nights Hall hire Table and equipment hire Bingo Wednesday group and books Electric meter Donations Grants Miscellaneous Bank interest Total receipts Direct costs Food Housekeeping Film hire Event expenses Bingo expenses Wednesday group expenses Total direct costs Income before administrative expenses Administrative expenses Net income	2022 3,723 1,173 1,188 40 89 221 40 143 20,820 125 2 27,564 163 530 52 60 805 26,759 8,010 18,749	2021 596 470 162 349 56 41 101 108 210 12,834 1,200 6 16,133
		273 9 113 96 491 15,642 4,490 11,152

Allerford Community Hall Notes to the financial statements accounts Year to 31 December 2021

Income and expenditure account (continued)

Administrative expenses Fixed costs Rent Water Premises insurance Hall expenses Recreation ground expenses Repairs and renewals Cleaners Electricity Gas Printing Variable costs Advertising Website Subscriptions Audit and accountancy Donations Loan interest Depreciation Total administrative expenses	2022 265 44 1,369 404 1,425 873 1,117 573 529 119 6,718 76 44 324 100 55 28 665 1,292 8,010	2021 198 114 1,346 1,007 203 420 267 97 3,652
		164 100 97 120 357 838 4,490