OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Page
REFERENCE AND ADMINISTRATIVE DETAILS 1
TRUSTEES’ REPORT 2 - 6
INDEPENDENT EXAMINER’S REPORT 7
STATEMENT OF FINANCIAL ACTIVITIES 8
BALANCE SHEET 9
NOTES FORMING PART OF THE FINANCIAL STATEMENTS 10-17

Trustees Mr P Millichamp Chair
Mrs S Cox
Mr T Bishop
Mr N Pettit
Mr S Rayson
Mr J Shore Treasurer
Mrs S Millichamp
Mrs M Pettit
Mr B Budgen
Mrs A Bull
Mr P White
Mr P Jones
Mrs H Chilver
Advisers
Bankers Lloyds TSB
Risbygate Street
Bury St Edmunds
IP33 3AH
Independent Examiner H Rumsey, FCA DChA
Ensors Accountants LLP
Saxon House
Moseley’s Farm Business Centre
Fornham all Saints
Bury St Edmunds
IP28 6JY

25/04/2023

Unrestricted Restricted Endowment Total Total
Note Funds Funds Funds 2021 2020
£ £ £ £ £
Income and endowments from:
Donations and legacies 2 18,823 18,823 7,188
Charitable activities 2 1,550 - - 1,550 17,156
Other trading activities 2 4,152 - - 4,152 7,715
Investments 2 2,856 - - 2,856 3,067
Other 2 - - - - -
Total Income 27,381 - - 27,381 35,126
Expenditure on:
Raising funds 3 50 - - 50 6,634
Charitable activities 3 12,573 2,752 - 15,325 24,831
Total expenditure 12,623 2,752 - 15,375 31,465
T ransfers - - - - -
Other Recognised gains and losses:
Net (losses)/gains on investments 5 18,341 - 18,341 (9,837)
Net Movement in Funds 33,099 (2,752) - 30,347 (6,176)
Reconciliation of funds:
Total Funds Brought Forward 223,552 48,675 20,000 292,227 298,403
Total Funds Carried Forward 9 256,651 45,923 20,000 322,574 292,227

Note 2021 2020
Fixed Assets £ £
Tangible assets 4 154,279 156,416
Investments 5 123,825 105,484
278,104 261,900
Current Assets
Debtors 6 5,947 1,672
Cash at bank and in hand 44,790 33,659
50,737 35,331
Liabilities
Creditors falling due within one year 7 6,267 5,004
6,267 5,004
Net Current Assets 44,470 30,327
Total Net Assets 322,574 292,227
The Funds of the Charity
Unrestricted Funds 8 256,651 223,552
Permanent Endowment Funds 8 20,000 20,000
Restricted Funds 8 45,923 48,675
Total charity funds 9 ___ 322,574 292,227

Income and endowments from: **Total ** Total
2021 2020
£ £
Donations and legacies
Donations - Flower Club (Unrestricted) 250
Donations - Football Pitch (including Gift Aid) - 4,688
Donations - Parish Council - Fireworks - 500
Grant-Chairs - 2,000
Grant-COVID 19 18,573
£ 18,823 £ 7,188

Hall Hire 1,230 10,517
Playing Fields 320 510
Proceeds from fundraising activities 6,129
£ 1,550 £ 17,156

Bar Hire 560 7,252
Solar panel tariff 3,592 463
£ 4,152 £ 7,715

Expenditure on:
Total Total
2021 2020
Raising funds £ £
Activity and fund generating costs
- Unrestricted funds 50 3,164
Bar - Unrestricted funds - 3,470
£ 50 £ 6,634
Charitable activities
Unrestricted funds -
Repairs and maintenance 846 4,207
Electricity 1,799 3,523
Insurance 1,309 1,331
Water rates 84 161
Performing Rights Society - 577
Cleaning - 951
Grass cutting / gardening 3,160 -
Refuse collection 299 296
Depreciation 1,685 2,745
Premises licence 180 380
Advertising and printing 13 179
Independent Examiner fees 2,130 1,824
Internet 495 484
T elecommunications 28
Sundry 545 593
12,573 17,251
Restricted funds -
Grass cutting / gardening 3,089
Fireworks 500
Depreciation 2,752 3,991
£ 15,325 £ 24,831

Tangible fixed assets
Playing Community
Field Pavilion Centre Equipment Total
£ £ £ £ £
Cost
At 1 April 2020 1,750 9,481 162,663 37,384 211,278
Additions - - - 2,300 2,300
At 31 March 2021 1,750 9,481 162,663 39,684 213,578
Depreciation
At 1 April 2020 - 32,169 22,693 54,862
Charge for the year - - 1,432 3,005 4,437
At 31 March 2021 - - 33,601 25,698 59,299
Net book value
At 31 March 2021 1,750 9,481 129,062 13,986 154,279
At 31 March 2020 1,750 9,481 130,494 14,691 156,416

Market Realised Unrealised Market
Value Additions/ Gains/ Gains/ Value
01/04/2020 (Disposals) (Losses) (Losses) 31/03/2021
£ £ £ £ £
105,484 18,341 123,825
Market Value
£
Charishare Common Investment Fund (From 9/12/19 BLK Charities Equity Fund) 69,036
Charinco Common Investment Fund (From 9/12/19 BLK Charities UK Bond Fund) 26,611
CCLA COIF Income Fund 28,178
6. Debtors 2021 2020
£ £
Trade Debtors 720 -
Other debtors 5,227 1,513
Prepayments - 159
£ 5,947 £ 1,672
7. **Creditors: amounts falling ** due within one year 2021 2020
£ £
Trade creditors 1,885 765
Accruals 4,182 4,069
Deferred income see below 200 170
£ 6,267 £ 5,004

Deferred income
2021 2020
£ £
Deferred income at 1 April 2020 170 2,035
Resources deferred in the year 200 170
Amounts released from previous years (170) (2,035)
Deferred income at 31 March 2021 £ 200 £ 170

Analysis of charitable funds
Fund balance Gains and Fund
bf Income Expenditure Transfers losses balance cf
Current year-
Unrestricted General Fund 223,552 27,381 (12,623) - 18,341 256,651
Permanent Endowment Funds 20,000 - - - - 20,000
Restricted funds -
General Fund 39,087 - (850) - 38,237
Badminton and Table Tennis Fund 185 - (26) - - 159
Fire Alarm Fund 791 - (198) - - 593
Curtain funds 700 - (100) - - 600
Chairs 6,313 - (1,578) - 4,735
Football pitch donation 1,599 - - - - 1,599
Parish Council fireworks donation - - - - - -
48,675 - (2,752) - - 45,923
Total Funds £292,227 £27,381 (£15,375) £0 £18,341 £322,574
Fund balance Gains and Fund
bf Income Expenditure Transfers losses balance cf
Previous year -
Unrestricted General Fund 235,753 27,938 (23,885) (6,417) (9,837) 223,552
Permanent Endowment Funds 20,000 - - - - 20,000
Restricted funds -
General Fund 40,575 - (1,488) - - 39,087
Badminton and Table Tennis Fund 220 - (35) - - 185
Fire Alarm Fund 1,055 (264) - - 791
Curtain funds 800 - (100) - - 700
Chairs 2,000 (2,104) 6,417 6,313
Football pitch donation - 4,688 (3,089) - - 1,599
Parish Council fireworks donation - 500 (500) - - -
42,650 7,188 (7,580) 6,417 - 48,675
Total Funds £298,403 £35,126 (£31,465) £- (£9,837) £292,227

Analysis of net assets by fund
Unrestricted Endowment Restricted
Funds Funds Funds Total
Current year-
Tangible Fixed assets 90,163 20,000 44,116 154,279
Investments 123,825 - - 123,825
Debtors 5,010 938 5,947
Cash at bank and in hand 42,983 - 1,807 44,790
Liabilities falling due within one year (6,267) - - (6,267)
Total £255,713 £20,000 £46,861 £322,574
Unrestricted Endowment Restricted
Funds Funds Funds Total
Previous year -
Tangible Fixed assets 89,548 20,000 46,868 156,416
Investments 105,484 - 105,484
Debtors 734 - 938 1,672
Cash at bank and in hand 32,604 - 1,055 33,659
Liabilities falling due within one year (4,818) - (186) (5,004)
Total £223,552 £20,000 £48,675 £292,227

2021 2020
£ £
Operating leases which expire:
Within one year 437 437
Between 2 and 5 years 437 437
874 874