2020-07-31-accounts - The Hinckley Concordia Association

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

		Page
Report ofthe Trustees	1	to	7
Report ofthe Independent Auditors	S	to	9
Statement ofFinancial Activities		10
Balance Sheet
Notes to the Financial Statements	12	to	22
Detailed Statement ofFinancial Activities	23	to	24

					2020	2019
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f			f.
INCOME AND ENDOWMENTS FROM
Donations and legacies		2	112,448		112,448	117,962
Other trading activities		3	116,834		116,834	157,601
lnvestmentincome		4	70		70	50
Total			229452		229852	275,613
EXPENDITURE ON
Raising funds		5	29,696		29,696	51,099
Charitable activities
Bar			18,026		18,026	18,607
Front ofHouse			15,507		15,507	15,386
Auditorium			154,523	54	154477	172,575
Total			217,752	54	217,806	257,667
NET INCOME/(EXPENDITURE)			11,600	(54)	11,546	17,946
Other recognised gains/(tosses)
Gains on revaluation offixed assets			~1913754		~1913754
Net movement in funds			1,925354	(54)	1,925,300	17,946
RECONCILIATION	OF FUNDS
Total funds brought	fortvard		5,500,604	267	5,500,871	5,482,925
TOTAL FUNDS CARRIED FORWARD			~7425958	213	~7426 171	~5,500871

		2020	2019
	Notes
FIXEDASSETS
Tangible assets		7,163814	5,257,339
CURRENT ASSETS
Stocks	12	1,894	2,259
Debtors Cash at bank and in hand	13	49,393 ~255 ll	19,334 259593
		306,598	281,286
CREDITORS
Amounts falling due within one year	14	(43,741)	(37,754)
NET CURRENT ASSETS		~262 7	243532
TOTAL ASSETSLESSCURRENT
LIABILITIES		7,426,171	5,500,871
NET ASSETS		7426171	5500871
FUNDS	16
Unrestricted funds:
General fund		1,254,036	1,242,340
Revaluation reserve Designated fund - LiRproject		5,694,002 ~477 20	3,780,248 4781116
		7,425,958	5,500,604
Restricted funds:
Awards for all		164	206
Evac Chair		49	61
		213	267
TOTAL FUNDS		~742 171	5.500871

DONATIO	NS AND LE	GACIES
			2020	2019
			8
Grants			25,000
Fundraising			7,127	40,968
Tinhatters			3,696	7,207
NTP			13,030	13,020
Pantomime			19,866	16,320
Concordia	AOS		7,108	12,940
Youth Theatre				2,755
Guild			2,433	3,100
Stanley Opera			1,449	1,872
Membership	donations		5496	2,571
BADS			1,826	1,586
Others			11,982	12,450
Gift Aid			3317	3,173
Bequeathed	donations		~10318
			~112448	~117962
Grants received, included		iu the above, are as follows:
			2020	2019
				I
Rate relief	grant		~25 000

					2020f	2019
	Bar sales				33,170	54,839
	Refreshment		sales		25,451	40,448
	Hire charges				30,772	40,890
	Society ticket printing				3,674	2,371
	Membership		subscriptions		~23 767	~19053
					11 834	~157601
4.	INVESTMENT INCOME
					2020	2019
						f.
	Building Society interest				70	50
5.	RAISING	FUNDS
	Raising donations			and legacies
					2020	2019
	Fundraising		expenditure			~7401
	Other trading activities
					2020	2019
						f
	Purchases				28,223	43,698
	Bad debts				~1473
					~29696	43,698
	Aggregate	amounts			~29 696	~51 099

CHARITABLE ACTIVITIES COSTS
		Support
	Direct	costs (see
	Costs f	note 7)	Totals f
Bar	18,026		18,026
Front ofHouse	15,507		15,507
Auditorium	~147 22	7 55	~154577
	~180855	7 55	~188110

Governance	Governance
		2020	2019
		Auditorium	Total
			activities
		f	f
Auditors'	remuneration	5,070	4,830
Accountancy		~2185	~3115
		~7255	7,945

The average monthly number ofstaff employed by the Charity during the year was there were uo employee costs during the year (2019:nil).	The average monthly number ofstaff employed by the Charity during the year was there were uo employee costs during the year (2019:nil).	The average monthly number ofstaff employed by the Charity during the year was there were uo employee costs during the year (2019:nil).	nil (2019:nil)	. With no staf
COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	ftttlds
		f	f	f
INCOME AND ENDOWMENTS FROM
Donations and legacies		117,962		117,962
Other trading activities		157,601		157,601
Investment income		50		50
Total		275,613		275,613
EXPENDITURE ON
Raising funds		51,099		51,099
Charitable activities
Bar		18,607		18,607
Front ofHouse		15,386		15,386
Auditorium		172,508	67	172,575
Total		257,600	67	257,667
NET INCOME/(EXPENDITURE)		18,013	(67)	17,946
RECONCILIATION	OF FUNDS
Total funds brought forward		5,482,591	334	5,482,925
TOTAL FUNDS CARRIED FORWARD		~5,500604	267	~5500871

TANGIBLE FIXEDASSETS
		Fixtures
	Freehold	oitd
	property 6	fittings 8	Totals f
COST ORVALUATION
At I August 2019	5,151,246	728,459	5,879,705
Additions		17&777	17,777
Disposals		(5,948)	(5,948)
Revaluations	~1913754		~1913754
At 31July 2020	~7065000	~740 288	~7805288
DEPRECIATION
At I August 2019		622466	622366
Charge for year Eliminated on disposal		24,669 ~5061	24,669 ~5061)
At 31July 2020		~641974	~641974
NET BOOKVALUE
At 31 July 2020	~7065000	~98 314	~7163314
At 31 July 2019	~5151246	106093	~5257 339

12.	STOCKS
			2020	2019
			6
	Stocks		~1894	~2259
13.	DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR
			2020	2019
			f
	Trade debtors			10,600
	Other debtors		34,598	1,379
	Prepayments	and accrued income	~14795	7 355
			49 93	~19 334

CREDITORS: AMOUNTS FALLING DUE WITHIN	ONE YEAR
	2020	2019
Trade creditors	3489	9,549
VAT	1,826	4,333
Other creditors	15,569
Accruals and deferred income	~23057	23 872
	~43741	~37 754

ANALYSIS	OFNET ASSETSBET	WEEN FUNDS
				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		5	f.		I
Fixed assets		7,163,101	213	7,163314	5,257,339
Current assets Current liabilities		306,598 ~43741		306,598 ~43741	281,286 ~37,754)
		~7425 958	213	~7426 171	~5500 871
MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.8.19	in funds	31.7.20
				6
Unrestricted	funds
General fund Revaluation reserve Designated fund - Litt project			1,242,340 3,780,248 ~47 016	11,696 1,913,754 ~9	1,254,036 5,694,002 ~477920
			5,500,604	1,925354	7,425,958
Restricted funds
Awards for Evac Chair	all		206 61	(42) ~12	164 49
			267	~54	213
TOTAL FUNDS			~5500871	~1925 00	~7426 171

			Incoming	Incoming	Resources	Gains and	Movement
			resources f		expended	losses f	in funds f
Unrestricted	funds
General fund Revaluation reserve Designated fund - Lid project			229352		(217,656) ~9	1+13&754	11,696 1,913,754 ~96)
			229352		(217,752)	ls913.754	1,925454
Restricted funds
Awards for Evac Chair	all				(42) ~12		(42) ~12
					~54		~54
TOTAL FUNDS			~229	52	~21780	~1913754	~1925 00
Comparatives for movement		in funds
						Net
						movement	At
					At 1.8.18	in funds	31.7.19
						f	f
Unrestricted	funds
General fund					1,224,206	18,134	1,242,340
Revaluation Designated	reserve fund - Liii project				3,780,248 ~478 137	~121	3,780,248 478,016
					5,482,591	18,013	5,500,604
Restricted funds
Awards for Evac Chair	all				258 76 334	(52) ~15) ~67	206 61 267
TOTAL FUNDS					5,482 925	17946	~5500 871

	Incoming	Resources	Movement
	resources f.	expended	in funds f
Unrestricted funds
General fund Designated fund - Litt project	275,613	(257,479) ~121)	18,134 ~121)
	275,613	(257,600)	18,013
Restricted fuads
Awards for all Evac Chair		(52) ~15) ~6	(52) ~15) ~67
TOTAL FUNDS	275 613	257,667	~17 946

			Net
			movement	At
		At 1.8.18	in funds	31.7.20
Unrestricted	funds
General fund		1,224406	29,830	1,254,036
Revaluation Designated	reserve fund - Lift project	3,780,248 ~47 137	1,913,754 ~21	5,694,002 ~477 920
		5,482,591	1,943367	7,425,958
Restricted funds
Awards for Evac Chair	all	258 76	(94) ~27)	164 49
		334	~121	213
TOTAL FUNDS		~5482 925	~1943 46	~7426 171

		Incoming	Resources	Gains nnd	Movement
		resources f	expended	losses f	in funds f
Unrestricted	funds
General fund		504,965	(475,135)		29,830
Revaluation Designated	reserve fund - Lift pmject		~21	1,913,754 -	1,913,754 ~217)
		504,965	(475452)	1,913,754	1,943,367
Restricted funds Awards for all Evac Chair			(94) ~2		(94) ~27
					121
TOTAL FUNDS		~504965	~475 73)	~1913754	~1943246

		2020	2019f
INCOME AND ENDOWMENTS
Donations and legacies
Grants		25,000
Fundraising		7,127	40,968
Tinhatters		3,696	7,207
NTP		13,030	13,020
Pantomime		19,866	16,320
Concordia AOS		7„108	12,940
Youth Theatre			2,755
Guild		2,433	3,100
Stanley Opera		1,449	1,872
Membership	donations	5,296	2,571
BADS		1,826	1,586
Others		11t182	12,450
Giti Aid		3/17	3,173
Bequeathed	donations	~10 18
		112s448	117,962
Other trading activities
Barsales		33&170	54,839
Refreshment	sales	25,451	40,448
Hire charges		30,772	40,890
Society ticket printing		3,674	2,371
Membership	subscriptions	~23767	19053
		116,834	157,601
Investment	income
Building Society interest		70	50
Total incoming resources		229352	275,613

	2020	2019
	8
EXPENDITURE
Raising donations and legacies
Fundraising expenditure		7,401
Other trading activities
Fundraising trading	28,223	43,698
Bad debts	~1473
	29,696	43,698
Charitable activities
Stage lighting and sound	6,018	4,412
Premises costs	53,755	53,295
Repairs and renewals	25,900	35,812
Office costs	31,537	35,619
Miscellaneous expenses	4,435	7,517
Insurance and licences	23,781	23,634
Hire ofequipment	383	369
Professional fees	4,730	7,726
Irrecoverable VAT	4,760	3,615
Depreciation oftangible fixed assets	24,669	26,624
Loss on sale oftangible fixed assets	887
	180,855	198,623
Support costs
Governance costs
Auditors' remuneration Accountancy	5,070 ~2185	4,830 3 115
	~7255	7,945
Total resources expended	~217 06	257,667
Net income	~11546	17946