PEBSHAM COMMUNITY ASSOCIATION UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020
Olive Pine Accountancy Ltd
MAAT
The Dog House 56 Haslam Crescent Bexhill-On-Sea East Sussex TN40 2QH
Pebsham Community Association Contents of the Unaudited Accounts For The Year Ended 31 December 2020
Contents
| Page | |
|---|---|
| Business Details | 1 |
| Approval | 2 |
| Accountant's Report | 3 |
| Profit and Loss Account | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 |
Pebsham Community Association Business Details For The Year Ended 31 December 2020
| Business | Pebsham Community Centre |
|---|---|
| Seabourne Road | |
| Bexhill on Sea | |
| East Sussex | |
| TN40 2SW | |
| Trading | Pebsham Community Centre |
| Seabourne Road | |
| Bexhill on Sea | |
| East Sussex | |
| TN40 2SW | |
| Accountants | Olive Pine Accountancy Ltd |
| MAAT | |
| The Dog House | |
| 56 Haslam Crescent | |
| Bexhill-On-Sea | |
| East Sussex | |
| TN40 2QH |
Page 1
Pebsham Community Association Accounts Approval Statement For The Year Ended 31 December 2020
I approve these un-audited accounts which comprise a Profit and Loss Account, Balance Sheet and related notes. I acknowledge my responsibility for the accounts including the provision of all the information and explanations necessary for the completion.
30/10/2021
Page 2
Pebsham Community Association Accountant's Report For The Year Ended 31 December 2020
In accordance with the engagement letter dated , we have prepared the accounts, which comprise the Profit and Loss account, the Balance Sheet and the related notes, from the accounting records, information and explanations provided to us.
This report is made to you in accordance with the terms of our engagement. Our work has been undertaken to enable us to prepare the accounts on your behalf and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than to you, the client, for our work or for this report.
You have approved and acknowledged your responsibility for these accounts.
We have not been instructed to complete an audit of the accounts. For this reason, we have not verified the accuracy or completeness of the accounting records, information or explanations you have provided. Therefore we do not express any opinion on the accounts.
Signed
............................................................
Olive Pine Accountancy Ltd MAAT The Dog House 56 Haslam Crescent Bexhill-On-Sea East Sussex TN40 2QH 30/10/2021
Page 3
Pebsham Community Association Profit and Loss Account For The Year Ended 31 December 2020
| Turnover Sales Donations received Grants received Other Income Other interest receivable Expenditure Rent Rates Light and heat Repairs and maintenance Cleaning Computer software, consumables and maintenance Insurance Printing, postage and stationery Advertising and marketing costs Legal fees Subscriptions Sundry expenses Finance Costs Bank charges NET PROFIT |
2020 £ £ 11,847 2,719 28,850 43,416 14 43,430 2,750 2,283 3,644 4,955 98 - 346 - 342 921 - 1 15,340 28,090 - - 28,090 |
2019 £ £ 16,812 1,580 4,000 22,392 6 22,398 4,382 1,054 2,860 9,744 - 4 341 136 - - 246 (1) 18,766 3,632 15 15 3,617 |
2019 £ £ 16,812 1,580 4,000 22,392 6 22,398 4,382 1,054 2,860 9,744 - 4 341 136 - - 246 (1) 18,766 3,632 15 15 3,617 |
|---|---|---|---|
| 22,392 6 |
|||
| 22,398 18,766 |
|||
| - | 15 | ||
| 3,632 15 |
|||
| 3,617 |
Page 4
Pebsham Community Association Balance Sheet As at 31 December 2020
| Notes CURRENT ASSETS Cash at bank and in hand CURRENT LIABILITIES NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS CAPITAL ACCOUNT Balance at 1 January 2020 Profit/(Loss) for the period/year Balance Carried Forward 2 |
2020 £ £ 35,534 35,534 35,534 35,534 7,444 28,090 35,534 |
2020 £ £ 35,534 35,534 35,534 35,534 7,444 28,090 35,534 |
2019 £ £ 7,444 7,444 7,444 7,444 3,827 3,617 7,444 |
2019 £ £ 7,444 7,444 7,444 7,444 3,827 3,617 7,444 |
|---|---|---|---|---|
| 35,534 | 7,444 | |||
| 35,534 | 7,444 | |||
| 7,444 28,090 |
3,827 3,617 |
|||
| 35,534 | 7,444 |
Page 5
Pebsham Community Association Notes to the Accounts For The Year Ended 31 December 2020
1. Accounting Policy
These unaudited accounts have been completed in accordance with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return.
Page 6