HUBBERTS BRIDGE COMMUNITY CENTRE
REGISTERED CHARITY NUMBER 508822
FINANCIAL ACCOUNTS
for the year ended
5 APRIL 2022
C O N T E N T S
1. Independent Examiner’s Report to the Trustees 2/3. Statement of Financial Activities
4. Balance Sheet
- 5/6. Notes to the Accounts
Page 1
Independent Examiner’s Report to the Trustees of the
HUBBERTS BRIDGE COMMUNITY CENTRE
I report on the Accounts of the Trust for the year ended 5 April 2022, which are set out on pages 2 to 6.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts under section 145 of the 2011 Act;
-
To follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
To state whether particular matters have come to my attention.
Basis of independent examiner’s report
Our examination was carried out in accordance with the General Directions given by the Charity Commission. 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 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with our examination, no matter has come to my attention;
-
(1) which gives me reasonable cause to believe that in, any material respect, the requirements.
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act.
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
S J Green
75 High Street Boston Lincolnshire PE21 8SX
05 May 2022
Page 2
HUBBERTS BRIDGE COMMUNITY CENTRE
Statement of Financial Activities for the year ended 5 April 2022
| Unrestricted | Unrestricted | Unrestricted | ||
|---|---|---|---|---|
| Fund | Fund | |||
| 2022 | 2021 | |||
| £ | £ |
£ | £ | |
| INCOME | ||||
| Grants and Donations | ||||
| Sundry Donations | - | - | ||
| ______ | ______ | |||
| - | - | |||
| Trading Activities | ||||
| Hiring Charges for Use of Hall | 14,751 | 4,657 | ||
| Income from Functions | 281 | 244 | ||
| Bar Income | 1,600 | 525 | ||
| Wayleave | 3 | 3 | ||
| ______ | ______ | |||
| 16,635 | 5,429 | |||
| Investment Income | ||||
| Bank Interest | 21 | 26 | ||
| Other Income | ||||
| Covid-19 Grant | - | 10,000 | ||
| Access Rights for Foul Drainage | 30,000 | - | ||
| ______ | ______ | |||
| 30,000 | 10,000 | |||
| ______ | _ | |||
| TOTAL INCOME | 46,656 | 15,455 | ||
| Direct Charitable Expenditure | ||||
| Repairs and Maintenance | 1,654 | 25,077 | ||
| Light and Heat | 1,946 | 2,896 | ||
| Rates | 120 | 83 | ||
| Insurance | 1,138 | 1,107 | ||
| Function Expenses | - | - | ||
| Sundry Expenses | 413 | 87 | ||
| Cleaning Materials and Waste Disposal | 1,714 | 1,560 | ||
| Cleaners Wages | 1,703 | 406 | ||
| ______ | ______ | |||
| 8,688 | 31,216 | |||
| ______ | ______ | |||
| Other Expenditure | ||||
| Secretarial Wages | 950 | - | ||
| Charity, Postage, Stationery and Advertising | 64 | 16 | ||
| Telephone | (250) | 380 | ||
| Accountancy | 384 | 612 | ||
| Credit Card Charges | 174 | - | ||
| Depreciation | 1,586 | 1,473 | ||
| Loss on Disposal of Fixed Assets | - | - | ||
| ______ | ______ | |||
| 2908 | 2,481 | |||
| ______ | ______ | |||
| Total Payments | 11596 | 33,697 | ||
| _ | ______ | |||
| Net Movement in Funds | 35060 | (18,242 ) |
Page 3
HUBBERTS BRIDGE COMMUNITY CENTRE
Statement of Financial Activities continued
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| Fund | Fund | ||||
| 2022 | 2021 | ||||
| Total Funds at | 6 | April | 2021 | 66,284 | 84,526 |
| ______ | ______ | ||||
| Total Funds at | 5 | April | 2022 | 101344 |
66,284 |
Page 4
HUBBERTS BRIDGE COMMUNITY CENTRE
Balance Sheet at 5 April 2022
| Note £ CASH FUNDS Bank and Cash Balances Treasurer’s Account 9,017 Nationwide Building Society Account - Nationwide Deposit Account 41,564 Cash in Hand 184 __ Other Assets Tangible Fixed Assets 3 50,020 Stock 500 Prepayments 4 688 ____ TOTAL ASSETS Liabilities Trade Creditors and Accruals 5 TOTAL FUNDS 6 |
2021 £ £ 551 - 13,719 30 __ 50,765 51,606 780 660 _ 51,208 101,973 (629) ___ 101344 |
2021 £ 14,300 53,046 __ 67,346 (1,062 ) ____ 66,284 |
|---|---|---|
Page 5
HUBBERTS BRIDGE COMMUNITY CENTRE
Notes to the Accounts for the year ended 5 April 2022
1. ACCOUNTING POLICIES
In preparing the accounts the following accounting policies have been complied with:
a) The Accounts have been prepared under the Historical Cost Convention and in accordance with applicable accounting standards, the Charities SORP and comply with the Charities Act 2011.
b)
Investment income is recorded when receivable.
c) Expenditure is included in the accounts on an accruals basis. Irrecoverable VAT is charged to the Statement of Financial Activities as incurred.
- d) All assets are capitalised if they can be used for more than one year and cost more that £100. Depreciation on fixtures and equipment is charged on a straight line basis over 10 years. Buildings are not depreciated.
2. TAXATION
The trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
3. TANGIBLE FIXED ASSETS
| Fixtures and | |||
|---|---|---|---|
| Buildings | Equipment | Total | |
| £ | £ | £ | |
| Net Book Values | |||
| At 6 April 2021 | 42,804 | 8,802 | 51,606 |
| Additions | - | - | - |
| Disposals | - | - | - |
| ______ | ______ | ______ | |
| 42,804 | 8,802 | 51,606 | |
| Depreciation | |||
| Charge for year | - | 1,586 | 1,586 |
| ______ | ______ | ______ | |
| Net Book Values | |||
| At 5 April 2022 | 42,804 | 7,216 | 50,020 |
Page 6
HUBBERTS BRIDGE COMMUNITY CENTRE
Notes to the Accounts continued
| 4. DEBTORS Prepayments 5. CREDITORS Accruals 6. ANALYSIS OF FUNDS AND LIABILITIES |
2021 £ 688 2021 £ 629 |
2021 £ 660 2021 |
||
|---|---|---|---|---|
| £ 1,062 |
||||
| Unrestricted | ||
|---|---|---|
| Funds | Total | |
| £ | £ | |
| Tangible Fixed Assets | 50,020 | 50,020 |
| Current Assets | 51,953 | 51,953 |
| Current Liabilities | (629) | (629) |
| ______ | ______ | |
| 101344 | 101344 |
7. MOVEMENT OF FUNDS
| Unrestricted | ||
|---|---|---|
| Funds | Total | |
| £ | £ | |
| Balance at 6 April 2021 | 66,284 | 66,284 |
| Net Movement in Funds | 35060 | 35060 |
| ______ | ______ | |
| Balance at 5 April 2022 | 101344 | 101344 |
8. RELATED PARTY TRANSACTIONS
None of the trustees were paid any remuneration or expenses by the charity during the year (2021 - Nil).