**REGISTERED CHARITY NUMBER: 503964** ## **REPORT OF THE TRUSTEES AND** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **FOR** ## **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** Musker & Garrett Limited Chartered Accountants Edward House North Mersey Business Centre Knowsley Industrial Park Liverpool Merseyside L33 7UY **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|10| |**Detailed Statement of Financial Activities**||11|| **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2021** The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Principal activities & review** The principal activities of the charity are the promotion of older peoples activities, adult education and enhancing peoples lives in the local area. The Community Centre offers an accessible, welcoming and friendly venue with a wide range of activities such as: Over 50s group, health/well-being events, learning circles, adult education classes, senior citizens social activities, mental health drop-ins, craft groups, arts/IT projects, light exercise sessions, signposting service, user groups and a meeting place and community resource for local residents groups. During the year the charity has obtained grants from the local authorities for core costs and has continued with its main activities the results of which can be seen in the following statements. We have referred to the guidance contained in the Charity Commissioner's general guidance on public benefit when reviewing our aims and objectives and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. ## **ACHIEVEMENT AND PERFORMANCE** During the year grants received from Local Authorities and Institutions increased by £10,933 compared with the previous year (see note 3 to the financial statements). The association's governance costs remained constant and the charitable activities decreased by £1,638. This together with the increase in grants mentioned above resulted in Net Income Resources amounting to £17,253 compared with Net Expenditure Resources of £8,383 in the previous year. ## **FINANCIAL REVIEW** ## **Reserves policy** The trustees plan to hold approximately three months unrestricted expenditure as free reserves. Free reserves are defined as the total unrestricted funds less the carrying value of Land and Buildings. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** Applications for trusteeship are sought by the personal recommendation of existing trustees or users of the charity's facilities. A trustee is appointed at a general meeting having been recommended by a serving trustee and appropriate notice to members eligible to vote has been given. A simple majority of members eligible to vote is required to appoint the trustee. ## **Induction and training of new trustees** New trustees receive information regarding the charity including previous years financial information, officers reports and organisational structure. They obtain training by experience of various functional committee meetings. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 503964 Page 1 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **REPORT OF THE TRUSTEES for the Year Ended 31 March 2021** **Principal address** 6 Moss Lane Orrell Park Liverpool Merseyside L9 8AJ ## **Trustees** Mrs M B Manwell J D Manwell Reverend L Nuttall Mrs R W Nuttall L Hughes Mrs C A Atkinson **Independent Examiner** R Musker FCA Institute of Chartered Accountants in England and Wales Musker & Garrett Limited Chartered Accountants Edward House North Mersey Business Centre Knowsley Industrial Park Liverpool Merseyside L33 7UY Approved by order of the board of trustees on 16 December 2021 and signed on its behalf by: Mrs R W Nuttall - Trustee Page 2 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **Independent examiner's report to the trustees of Orrell Park & District Community Association** I report to the charity trustees on my examination of the accounts of Orrell Park & District Community Association (the Trust) for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. R Musker FCA Institute of Chartered Accountants in England and Wales Musker & Garrett Limited Chartered Accountants Edward House North Mersey Business Centre Knowsley Industrial Park Liverpool Merseyside L33 7UY 16 December 2021 Page 3 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
3
Grants received
**-**
Other trading activities
2
**172**
**Total**
**172**
**EXPENDITURE ON**
Raising funds
**-**
**Charitable activities**
Grants received
**-**
Charitable activities
**-**
**Total**
**-**
**NET INCOME**
**172**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**275,961**
**TOTAL FUNDS CARRIED FORWARD**
**276,133**|Restricted
funds
£
**77,643**
**-**
**77,643**
**84**
**186**
**60,292**
**60,562**
**17,081**
**21,795**
**38,876**|**2021**
**Total**
**funds**
**£**
**77,643**
**172**
**77,815**
**84**
**186**
**60,292**
**60,562**
**17,253**
**297,756**
**315,009**|2020
Total
funds
£
66,710
3,164| |---|---|---|---| ||||69,874
112
-
61,379| ||||61,491| ||||8,383
289,373| ||||297,756| The notes form part of these financial statements Page 4 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **BALANCE SHEET** ## **31 March 2021** |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
6
**250,238**
**CURRENT ASSETS**
Cash at bank and in hand
**25,895**
**CREDITORS**
Amounts falling due within one year
7
**-**
**NET CURRENT ASSETS**
**25,895**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**276,133**
**NET ASSETS**
**276,133**
**FUNDS**
8
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**382**
**41,234**
**(2,740)**
**38,494**
**38,876**
**38,876**|**2021**
**Total**
**funds**
**£**
**250,620**
**67,129**
**(2,740)**
**64,389**
**315,009**
**315,009**
**276,133**
**38,876**
**315,009**|2020
Total
funds
£
250,747
49,089
(2,080)
47,009
297,756
297,756
275,961
21,795
297,756| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 16 December 2021 and were signed on its behalf by: R W Nuttall - Trustee The notes form part of these financial statements Page 5 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Charitable activities** Charitable expenditure includes the costs of service delivery and depreciation of related assets. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Freehold property|- not provided| |---|---| |Plant and machinery|- 25% on reducing balance| |Fixtures and fittings|- 25% on reducing balance| |Computer equipment|- 25% on reducing balance| The charity uses the cost model for land and buildings held. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 continued... **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** ## **2. OTHER TRADING ACTIVITIES** |Bank interest
Rent received
Other charitable income
**3.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Grants received
Liverpool City Council CRU - Utilities
Big Lottery Fund - Reaching Communities Revenue Costs
Age Concern
Steve Morgan Foundation
Charles Brotherton Trust
Garfield Weston Foundation||**2021**
**£**
**7**
**165**
**-**
**172**
**2021**
**£**
**77,643**||2020
£
32
1,373
1,759
3,164
2020
£
66,710| |---|---|---|---|---| |||**2021**||2020| |||**£**||£| |||||| |||**5,000**||5,000| |||**52,235**||26,118| |||**-**||600| |||**20,208**||24,792| |||**200**||200| |||**-**||10,000| |||||| |||||| |||**77,643**||66,710| |||||| |||||| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **5. STAFF COSTS** The average monthly number of employees during the year was as follows: ||**2021**|2020| |---|---|---| |Administration|**3**|3| No employees received emoluments in excess of £60,000. continued... Page 7 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** ## **6. TANGIBLE FIXED ASSETS** |**TANGIBLE FIXED ASSETS**|||||| |---|---|---|---|---|---| |**COST**
At 1 April 2020 and
31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020|Freehold
property
£
**250,000**
**-**
**-**
**-**
**250,000**
250,000|Plant and
machinery
£
**6,654**
**6,605**
**8**
**6,613**
**41**
49|Fixtures
and
fittings
£
**19,852**
**19,373**
**85**
**19,458**
**394**
479|Computer
equipment
£
**14,469**
**14,250**
**34**
**14,284**
**185**
219|Totals
£
**290,975**| ||||||**40,228**
**127**| ||||||**40,355**| ||||||**250,620**| ||||||250,747| Included in cost or valuation of land and buildings is freehold land of £250,000 (2020 - £250,000) which is not depreciated. ## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Trade creditors
Taxation and social security
Other creditors
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Other Restricted Fund
Big Lottery Fund - Revenue Costs
**TOTAL FUNDS**|At 1/4/20
£
**263,309**
**12,652**
**275,961**
**8,070**
**13,725**
**21,795**
**297,756**|**2021**
**£**
**-**
**550**
**2,190**
**2,740**
Net
movement
in funds
£
**172**
**-**
**172**
**(4,181)**
**21,262**
**17,081**
**17,253**|2020
£
3
-
2,077
2,080
At
31/3/21
£
**263,481**
**12,652**|2020
£
3
-
2,077| |---|---|---|---|---| |||||2,080| ||||**276,133**
**3,889**
**34,987**|| ||||**38,876**|| ||||**315,009**|| ## **8. MOVEMENT IN FUNDS** continued... Page 8 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** ## **8. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|**172**|**-**|**172**| |**Restricted funds**|||| |Other Restricted Fund|**25,408**|**(29,589)**|**(4,181)**| |Big Lottery Fund - Revenue Costs|**52,235**|**(30,973)**|**21,262**| ||**77,643**|**(60,562)**|**17,081**| |**TOTAL FUNDS**|**77,815**|**(60,562)**|**17,253**| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Other Restricted Fund
Big Lottery Fund - Revenue Costs
**TOTAL FUNDS**|At 1/4/19
£
260,145
12,652
272,797
17,484
(908)
16,576
289,373|Net
movement
in funds
£
3,164
-
3,164
(9,414)
14,633
5,219
8,383|At
31/3/20
£
263,309
12,652| |---|---|---|---| ||||275,961
8,070
13,725| ||||21,795| ||||297,756| Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|3,164|-|3,164| |**Restricted funds**|||| |Other Restricted Fund|40,592|(50,006)|(9,414)| |Big Lottery Fund - Revenue Costs|26,118|(11,485)|14,633| ||66,710|(61,491)|5,219| |**TOTAL FUNDS**|69,874|(61,491)|8,383| continued... Page 9 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021** ## **8. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Other Restricted Fund
Big Lottery Fund - Revenue Costs
**TOTAL FUNDS**|At 1/4/19
£
260,145
12,652
272,797
17,484
(908)
16,576
289,373|Net
movement
in funds
£
3,336
-
3,336
(13,595)
35,895
22,300
25,636|At
31/3/21
£
263,481
12,652| |---|---|---|---| ||||276,133
3,889
34,987| ||||38,876| ||||315,009| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|3,336|-|3,336| |**Restricted funds**|||| |Other Restricted Fund|66,000|(79,595)|(13,595)| |Big Lottery Fund - Revenue Costs|78,353|(42,458)|35,895| ||144,353|(122,053)|22,300| |**TOTAL FUNDS**|147,689|(122,053)|25,636| ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2021. Page 10 **ORRELL PARK & DISTRICT COMMUNITY ASSOCIATION** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021** ||2021|2020| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Other trading activities**||| |Bank interest|**7**|32| |Rent received|**165**|1,373| |Other charitable income|**-**|1,759| ||**172**|3,164| |**Charitable activities**||| |Grants|**77,643**|66,710| |**Total incoming resources**|**77,815**|69,874| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Postage and stationery|**84**|112| |**Charitable activities**||| |Wages|**48,766**|45,775| |Repairs & renewals|**662**|2,073| |Charitable activities|**186**|3,092| |Depreciation of tangible fixed assets|**127**|169| ||**49,741**|51,109| |**Support costs**||| |**Management**||| |Utilities|**5,077**|4,911| |Insurance|**1,341**|1,246| |Telephone|**1,077**|1,055| |Professional fees|**25**|25| |Sundries|**662**|569| ||**8,182**|7,806| |**Governance costs**||| |Accountancy and legal fees|**1,986**|1,998| |Payroll costs|**569**|466| ||**2,555**|2,464| |Total resources expended|**60,562**|61,491| |**Net income**|**17,253**|8,383| This page does not form part of the statutory financial statements Page 11