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2022-05-31-accounts

Unaudited Financial Statements for the Year Ended 31 May 2022

for

.

Cinnamon Brow Community Association

Cinnamon Brow Community Association

Contents of the Financial Statements for the Year Ended 31 May 2022

Page
General Information 1
Examiners Report 2
Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5
Profit and Loss Account Farm Club 6
Balance Sheet Farm Club 8

Cinnamon Brow Community Association

General Information for the Year Ended 31 May 2022

CHAIRPERSON:
P Holford
VICE CHAIRPERSON:
SECRETARY:
L Massey
OTHER COMMITTEE MEMBERS: J Brogan
J Holford
B Collins
A Burton
E Collins
S Sanders
ADDRESS: 2 Perth Close
Cinnamon Brow
Warrington
WA2 0SF
ACCOUNTANTS: Anthony Gray & Co
Chartered Accountants
Smithy Cottage
28 Church Lane
Culcheth
Warrington
Cheshire
WA3 5DJ

1

Financial Statements

for the Year Ended 31 May 2022

Independent Examiners Report to the Trustees of

Cinnamon Brow Community Association

We report on the accounts of the Trust for the period from 1 June 2021 to 31 May 2022 which are set out on pages 3 to 5.

Respective Responsibilities of Trustees and Examiner

As the Charity’s trustees you are responsible for the preparation of the accounts: you consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to our attention

Basis of Independent Examiners Report

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 such matters. The procedures undertaken do not provide all of the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.

Independent Examiners Statement

In connection with our examination, no matter has come to our attention;

  1. Which gives us reasonable cause to believe that in any material respect the requirements

  2. To keep accounting records in accordance with Section 41 of the Act; and

  3. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act

have not been met; or

  1. In which in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

Anthony Gray & Co Chartered Accountants Smithy Cottage 28 Church Lane Culcheth Warrington Cheshire WA3 5DJ

Date 28 July 2022

2

Cinnamon Brow Community Association

Profit and Loss Account

for the Year Ended 31 May 2022

Income
Grants and donations Other
WBC
Awards for All
Memberships
Club surplus
Expenditure
Hire of plant and machinery
Rates and water
Light and heat
Repairs to property
Telephone & Alarm
Licences and insurance
Household and cleaning
Sundry expenses
Depreciation
Freehold property
Fixtures and fittings
NET PROFIT
309
2,496
9,950
31.5.22
£
12,755
1,647
121,717
4,454
12,913
10,393
39,860
5,612
2,875
3,179
750
4,257
2,179
£
136,119
80,036
56,083
6,436
49,647
31.5.21
£
1,582
1,953
76,181
4,388
9,285
10,408
15,247
5,576
3,289
3,470
590
4,385
2,104
£
79,716
52,253
27,463
6,489
20,974

3

Cinnamon Brow Community Association

Balance Sheet

31 May 2022

31.5.22
Notes
£
£
FIXED ASSETS
Tangible assets
1
431,175
CURRENT ASSETS
Club assets
40,686
TSB 5968
102,501
Cash in hand
295
143,409
NET ASSETS
574,657
FINANCED BY
FUNDS
Capital account
2
563,303
Current account
2
11,354
574,657
Statement
These accounts have been presented to the trustees and agreed in general meeting
Signed
Name
Peter Holford
Date
28 July 2022
On behalf of trustees
31.5.21
£
29,361
60,147
295
£
435,207
89,803
525,010
563,303
(38,293)
525,010

4

Cinnamon Brow Community Association Notes to the Financial Statements

for the Year Ended 31 May 2022

1. TANGIBLE FIXED ASSETS

COST
At 1 June 2021
Additions
At 31 May 2022
DEPRECIATION
At 1 June 2021
Charge for year
At 31 May 2022
NET BOOK VALUE
At 31 May 2022
At 31 May 2021
2.
2CAPITAL ACCOUNT AND CURRENT ACCOUNT
31.5.22
£
Capital account
Current account
Brought forward
(38,293)
Add
Net profit
49,647
Freehold
property
£
528,475
-
528,475
99,580
4,256
103,836
424,639
428,895
£
563,303
11,354
574,657
Fixtures
and
fittings
£
50,520
2,403
52,923
44,208
2,179
46,387
6,536
6,312
31.5.21
£
(59,267)
20,974
Totals
£
578,995
2,403
581,398
143,788
6,435
150,223
431,175
435,207
£
563,303
(38,293)
525,010

5

Cinnamon Brow Community Association The Farm Club

Trading and Profit and Loss Account for the Year Ended 31 May 2022

Income
Takings
Gaming machines
Cost of sales
Opening stock
Purchases
Machine Expenses
Prizes
Closing stock
GROSS PROFIT
Other income
Room hire
Other income
Covid 19 Support
Deposit account interest
Expenditure
Wages
Other wages
Social security
Other employee costs
Employment allowance
Post and stationery
Advertising
Office running expenses
Sundry expenses
Accountancy & book keeping
Stocktaker
Donations
Pensions
Entertainment
Finance costs
Bank charges
Credit Card Machine
Carried forward
31.5.22
£
362,035
81,711
1,600
189,820
41,223
1,696
234,339
(2,250)
12,230
30
4,791
37
76,791
-
1,790
2,420
(1,790)
21
78
1,831
1,435
2,836
490
1,333
505
16,215
2,259
739
£
443,746
232,089
211,657
17,088
228,745
103,955
124,790
2,998
121,792
31.5.21
£
134,354
21,876
1,500
64,449
11,341
-
77,290
(1,600)
3,344
337
51,024
69
52,516
58
1,332
1,532
(1,332)
-
62
-
732
2,596
138
-
406
-
993
-
£
156,230
75,690
80,540
54,774
135,314
58,040
77,274
993
76,281

The Farm Club

Trading and Profit and Loss Account for the Year Ended 31 May 2021

31.5.22
£
Brought forward
Depreciation
Computer equipment
NET PROFIT
31.5.21
£
£
121,792
75
121,717
31.5.21
£
£
121,792
75
121,717
£
76,281
100
76,181

7

The Farm Club

Balance Sheet 31 May 2022

Notes
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Stocks
TSB 3560
Bank account no. 5
Bank account no. 8
Cash in hand
CURRENT LIABILITIES
VAT
Machine games duty
Trade creditors
Employee bond
Social security and other taxes
Other creditors
Accrued expenses
NET LIABILITIES
FINANCED BY
31.5.22
£
2,250
26,868
12,882
2,080
5,271
49,351
1,252
1,375
4,500
1,200
558
40,687
4
49,576
£
225
(225)
-
31.5.21
£
1,600
14,801
12,749
2,216
6,994
38,360
4,332
-
-
1,200
1,251
29,362
2,515
38,660
£
300
(300)
-

8