## **ADLINGTON & DISTRICT COMMUNITY ASSOCIATION** ## _**Registered Charity no. 512625**_ ## **TRUSTEES REPORT TO THE ANNUAL GENERAL MEETING** ## **HELD ON MONDAY 14 MARCH 2022** As in 2020, the centre was closed most of the time for the first half of the year & only reopened fully in October, although the Community Nursery remained open. Throughout the closed period a lot of general maintenance went on behind the scenes to keep the centre looking smart & to ensure that all health & safety requirements, as identified by the Health & Safety officer, were met. The bar was redecorated, as was the main hall. The building was also checked for asbestos & a small amount was found. The asbestos report will be available to any contractors who enter the building. A new pump cleaning system was installed in the bar & a new cooling system. Although the pump cleaning system was costly, it should save money in the long run as there will be a lot less wastage. The dedication of the stained glass window in memory of Andrew Fairclough, our former Chairman, Secretary & Treasurer, took place on 1 August 2021. The ceremony was attended by Andrew’s family, friends & colleagues & the window was unveiled by his widow, Anne, & grandson, Toby. We also have a new updated website, which will, hopefully, attract more people to the centre. All our regular hirers returned after lockdown & we host several shows a year put on by our local amateur dramatic groups, St. Paul’s Players & Adlington Music & Arts Society. In addition to regular dance evenings of various types – Zumba, Jive, Salsa & Ballroom Dances, we have hosted boxing events, tribute nights, fashion shows & other events. Thanks to all our committee members & others who dedicate a lot of time to making the centre a success. In particular, thanks must go to Margaret Smith, Booking Secretary, Anna Crank, our cleaner, Sheryel Cook & the nursery staff for all their hard work. Also to Bev & John Speers, who have transformed the bar & its systems & updated all our health & safety obligations. Jayme Green & Vincent Taylor have looked after the money & accounts & David Worsley has carefully examined the books. The Slater Foundation has, once again, supported the association with a generous donation. Jeanette Lowe Secretary/Trustee March 2022 ## **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** ## **Income Statement for the year ended 31 December 2021** |**2020**
**2021**
**Notes**
**£**
**£**|**2020**
**2021**
**Notes**
**£**
**£**| |---|---| |**OPERATING INCOME**
**Room Hire**
6,273
11,904
**Bar Proft**
1
1,990
12,873
**Total Operating Income**
8,263
24,777|| ||8,263
24,777| ||| |**OPERATING COSTS**
**Gas**
**Electricity**
**Total Energy Costs**|| ||949
1,093
1,833
2,513| ||2,782
3,606| ||| |**Cleaning labour**
2,312
2,396
**Cleaning Materials**
2,747
317
**Donation**
-
826
**Licences & Fees**
622
626
**Water**
1,036
731
**Insurance**
2,054
2,672
**Annual Contracts**
379
860
**Telephone**
739
720
**Depreciation**
4
13,258
13,990
**Repairs & Maintenance**
4,412
6,650
**Loss on disposal of fxed assets**
1,412
45
**Total Operating Costs**
31,753
33,439|| ||31,753
33,439| ||| |**OPERATING PROFIT/(LOSS)**|(23,490)
(8,662)| ||| |**ADMINISTRATION COSTS**
2
437
1,161|| ||| |**OTHER INCOME**
3
17,686
14,638|| ||| |**PROFIT FOR THE YEAR**|(6,241)
4,815| ||| ||| ||| ||| ||| ||| ||| ||| ## **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** ## **Statement of Financial Position at 31 December 2021** ||**2020**
**2021**
**Notes**
**£**
**£**|**2020**
**2021**
**Notes**
**£**
**£**| |---|---|---| |||| |**ASSETS**
**FIXED ASSETS**
**Freehold Land & Buildings**
**Furniture**
**Equipment & Garages**
**Total Fixed Assets**
**CURRENT ASSETS**
**Bar stock at cost**
**Debtors**
**Bank**
**Cash**
**Jubilee coins at nominal value**
**Total Current Assets**||| |||| |||122,375
122,375
11,518
10,084
71,195
64,843| |||| |||| ||4
205,088
197,302|| |||| |||| ||1
2,048
3,086
5
1,603
1,723
6
108,627
122,229
1,225
914
8
8|| |||| |||| |||113,511
127,960| |||| |**TOTAL ASSETS**||318,599
325,262| |||| |**CURRENT LIABILITIES**|7
862
2,710|| |||| |**NET ASSETS**||317,737
322,552| |||| |||| |**ACCUMULATED FUND**
**At the start of the year**
**Proft for the year**||| |||323,978
317,737
(6,241)
4,815| |||| |||317,737
322,552| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| ## **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** |**LINGTON AND DISTRICT COMMUNITY ASSOCIATION**|**LINGTON AND DISTRICT COMMUNITY ASSOCIATION**|**LINGTON AND DISTRICT COMMUNITY ASSOCIATION**| |---|---|---| |**Notes to the Accounts for the year ended 31 December 2021**||| ||**2020**
**2021**
**£**
**£**|| |||| |**1. BAR TRADING AND PROFIT & LOSS ACCOUNT**
**Opening Stock**
**Purchases**
**Closing stock**
**Cost of Sales**||| ||4,733
2,048
3,245
9,760
(2,048)
(3,086)|| ||5,930
8,722|| |||| |**Sales**|9,660|24,018| |||| |**Gross proft**
**Gross proft %**|3,730
15,296
38.6%
63.7%|| |||| |**Expenses**
**Repairs & Maintenance**
**Out of pocket expenses**
**Sundries**
**Total Expenses**||| ||220
1,153
480
1,240
-
30|| ||700
2,423|| |||| |**Redundant stock write of due to lockdown**
**Net Proft**
**Net Proft %**|1,040
0|| ||1,990
12,873|| ||20.6%
53.6%|| |||| |||| |**2. ADMINISTRATION COSTS**
**Misc expenses**
**Adverts in programmes**
**Computer systems**
**Legal**
**Booking Secretary**
**Total Administration Costs**||| ||79
913
15
0
343
248
-
-
-
-|| ||437
1,161|| |||| |||| |**3. OTHER INCOME**
**Grants and Donations**
**John Slater Foundation**
**Chorley Borough Council**
**Anderton Parish Council**
**Total Donations**||| |||| ||3,000
10,050
10,000
-
-
120|| ||13,000
10,170|| |||| |||| |||| **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** ||**2020**
**2021**
**£**
**£**
10
432
114
10
4,234
4,106
-
248| |---|---| |**3. OTHER INCOME (continued)**
**Subscriptions**
**Interest**
**Ground Rent**
**Electricity Feed In Tarif**
**Misc**
**Total Other Income**|| ||17,686
14,638| ||| |**4. FIXED ASSETS**
Land and buildings are not depreciated and are held at cost.|| ||| The solar panels are included in Equipment and are depreciated at 4% of cost per annum which is equivalent to the 25 year life of the feed in tariff. Computers and certain items of short life furniture are depreciated at 25% of cost per annum intending to write off each asset over 4 years. Other assets are depreciated at a rate of 10% of cost per annum intending to write each asset off over 10 years. ||**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**|**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**|**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**|**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**| |---|---|---|---|---| |**Original cost**
**At 1 January 2021**
**Disposals in the year**
**Additions this year**
**At 31 December 2021**||||| ||122,375
33,330
163,129
318,834
(861)
(6,590)
(7,451)
1,496
4,753
6,249|||| ||122,375
33,965
161,292
317,632|||| |||||| |**Depreciation**
**At 1 January 2021**
**Disposals in the year**
**Charged for the current year**
**At 31 December 2021**||||| |||21,812
91,934
113,746
(861)
(6,545)
(7,406)
2,930
11,060
13,990||| |||||| |||||| |||23,881
96,449
120,330||| |||||| |**Net book value**
**At 1 January 2021**
**Disposals in the year**
**Additions this year**
**Depreciation charged this year**
**At 31 December 2021**||||| ||122,375
11,518
71,195
205,088
0
(45)
(45)
0
1,496
4,753
6,249
(2,930)
(11,060)
(13,990)|||| ||122,375|10,084|64,843|197,302| **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** |||**2020**
**2021**
**£**
**£**
-
1,723
1,603
-| |---|---|---| |**5. DEBTORS**
**Room Hire**
**Prepayments**
**Total debtors**||| |||| |||| |||1,603
1,723| |||| |**6. BANK**
**R.B.S. Current account**
**R.B.S. High interest account**
**Virgin charity deposit account**
**Total bank**||| |||611
599
24,065
37,568
83,951
84,062| |||| |||| |||108,627
122,229| |||| |**7. CURRENT LIABILITIES**
**Deposits for hall hire**
**Gas**
**Water**
**Electricity**
**Other**||| |||585
345
64
459
111
0
-
1101
102
805| |||| |||| |||| |||| |||862
2,710| |||| |**Independent Auditor’s Report**||| I have audited the financial statements of Adlington and District Community Association for the year ended 31 December 2021 which comprise the Officers' Reports, the Income Statement, the Statement of Financial Position and the related notes. In my opinion the Officers' reports and Financial Statements give a true and fair view of the association’s affairs at 31 December 2021 and the profit for the year. _David Worsley_ ## **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** ## **Income Statement for the year ended 31 December 2021** |**2020**
**2021**
**Notes**
**£**
**£**|**2020**
**2021**
**Notes**
**£**
**£**| |---|---| |**OPERATING INCOME**
**Room Hire**
6,273
11,904
**Bar Proft**
1
1,990
12,873
**Total Operating Income**
8,263
24,777|| ||8,263
24,777| ||| |**OPERATING COSTS**
**Gas**
**Electricity**
**Total Energy Costs**|| ||949
1,093
1,833
2,513| ||2,782
3,606| ||| |**Cleaning labour**
2,312
2,396
**Cleaning Materials**
2,747
317
**Donation**
-
826
**Licences & Fees**
622
626
**Water**
1,036
731
**Insurance**
2,054
2,672
**Annual Contracts**
379
860
**Telephone**
739
720
**Depreciation**
4
13,258
13,990
**Repairs & Maintenance**
4,412
6,650
**Loss on disposal of fxed assets**
1,412
45
**Total Operating Costs**
31,753
33,439|| ||31,753
33,439| ||| |**OPERATING PROFIT/(LOSS)**|(23,490)
(8,662)| ||| |**ADMINISTRATION COSTS**
2
437
1,161|| ||| |**OTHER INCOME**
3
17,686
14,638|| ||| |**PROFIT FOR THE YEAR**|(6,241)
4,815| ||| ||| ||| ||| ||| ||| ||| ||| ## **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** ## **Statement of Financial Position at 31 December 2021** ||**2020**
**2021**
**Notes**
**£**
**£**|**2020**
**2021**
**Notes**
**£**
**£**| |---|---|---| |||| |**ASSETS**
**FIXED ASSETS**
**Freehold Land & Buildings**
**Furniture**
**Equipment & Garages**
**Total Fixed Assets**
**CURRENT ASSETS**
**Bar stock at cost**
**Debtors**
**Bank**
**Cash**
**Jubilee coins at nominal value**
**Total Current Assets**||| |||| |||122,375
122,375
11,518
10,084
71,195
64,843| |||| |||| ||4
205,088
197,302|| |||| |||| ||1
2,048
3,086
5
1,603
1,723
6
108,627
122,229
1,225
914
8
8|| |||| |||| |||113,511
127,960| |||| |**TOTAL ASSETS**||318,599
325,262| |||| |**CURRENT LIABILITIES**|7
862
2,710|| |||| |**NET ASSETS**||317,737
322,552| |||| |||| |**ACCUMULATED FUND**
**At the start of the year**
**Proft for the year**||| |||323,978
317,737
(6,241)
4,815| |||| |||317,737
322,552| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| |||| ## **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** |**LINGTON AND DISTRICT COMMUNITY ASSOCIATION**|**LINGTON AND DISTRICT COMMUNITY ASSOCIATION**|**LINGTON AND DISTRICT COMMUNITY ASSOCIATION**| |---|---|---| |**Notes to the Accounts for the year ended 31 December 2021**||| ||**2020**
**2021**
**£**
**£**|| |||| |**1. BAR TRADING AND PROFIT & LOSS ACCOUNT**
**Opening Stock**
**Purchases**
**Closing stock**
**Cost of Sales**||| ||4,733
2,048
3,245
9,760
(2,048)
(3,086)|| ||5,930
8,722|| |||| |**Sales**|9,660|24,018| |||| |**Gross proft**
**Gross proft %**|3,730
15,296
38.6%
63.7%|| |||| |**Expenses**
**Repairs & Maintenance**
**Out of pocket expenses**
**Sundries**
**Total Expenses**||| ||220
1,153
480
1,240
-
30|| ||700
2,423|| |||| |**Redundant stock write of due to lockdown**
**Net Proft**
**Net Proft %**|1,040
0|| ||1,990
12,873|| ||20.6%
53.6%|| |||| |||| |**2. ADMINISTRATION COSTS**
**Misc expenses**
**Adverts in programmes**
**Computer systems**
**Legal**
**Booking Secretary**
**Total Administration Costs**||| ||79
913
15
0
343
248
-
-
-
-|| ||437
1,161|| |||| |||| |**3. OTHER INCOME**
**Grants and Donations**
**John Slater Foundation**
**Chorley Borough Council**
**Anderton Parish Council**
**Total Donations**||| |||| ||3,000
10,050
10,000
-
-
120|| ||13,000
10,170|| |||| |||| |||| **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** ||**2020**
**2021**
**£**
**£**
10
432
114
10
4,234
4,106
-
248| |---|---| |**3. OTHER INCOME (continued)**
**Subscriptions**
**Interest**
**Ground Rent**
**Electricity Feed In Tarif**
**Misc**
**Total Other Income**|| ||17,686
14,638| ||| |**4. FIXED ASSETS**
Land and buildings are not depreciated and are held at cost.|| ||| The solar panels are included in Equipment and are depreciated at 4% of cost per annum which is equivalent to the 25 year life of the feed in tariff. Computers and certain items of short life furniture are depreciated at 25% of cost per annum intending to write off each asset over 4 years. Other assets are depreciated at a rate of 10% of cost per annum intending to write each asset off over 10 years. ||**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**|**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**|**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**|**Land &**
**Buildings**
**Furniture Equipment**
**& Garages**
**Total**| |---|---|---|---|---| |**Original cost**
**At 1 January 2021**
**Disposals in the year**
**Additions this year**
**At 31 December 2021**||||| ||122,375
33,330
163,129
318,834
(861)
(6,590)
(7,451)
1,496
4,753
6,249|||| ||122,375
33,965
161,292
317,632|||| |||||| |**Depreciation**
**At 1 January 2021**
**Disposals in the year**
**Charged for the current year**
**At 31 December 2021**||||| |||21,812
91,934
113,746
(861)
(6,545)
(7,406)
2,930
11,060
13,990||| |||||| |||||| |||23,881
96,449
120,330||| |||||| |**Net book value**
**At 1 January 2021**
**Disposals in the year**
**Additions this year**
**Depreciation charged this year**
**At 31 December 2021**||||| ||122,375
11,518
71,195
205,088
0
(45)
(45)
0
1,496
4,753
6,249
(2,930)
(11,060)
(13,990)|||| ||122,375|10,084|64,843|197,302| **ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION** |||**2020**
**2021**
**£**
**£**
-
1,723
1,603
-| |---|---|---| |**5. DEBTORS**
**Room Hire**
**Prepayments**
**Total debtors**||| |||| |||| |||1,603
1,723| |||| |**6. BANK**
**R.B.S. Current account**
**R.B.S. High interest account**
**Virgin charity deposit account**
**Total bank**||| |||611
599
24,065
37,568
83,951
84,062| |||| |||| |||108,627
122,229| |||| |**7. CURRENT LIABILITIES**
**Deposits for hall hire**
**Gas**
**Water**
**Electricity**
**Other**||| |||585
345
64
459
111
0
-
1101
102
805| |||| |||| |||| |||| |||862
2,710| |||| |**Independent Auditor’s Report**||| I have audited the financial statements of Adlington and District Community Association for the year ended 31 December 2021 which comprise the Officers' Reports, the Income Statement, the Statement of Financial Position and the related notes. In my opinion the Officers' reports and Financial Statements give a true and fair view of the association’s affairs at 31 December 2021 and the profit for the year. _David Worsley_