ADLINGTON & DISTRICT COMMUNITY ASSOCIATION
Registered Charity no. 512625
TRUSTEES REPORT TO THE ANNUAL GENERAL MEETING
held on Monday 13 March 2023
An open day/coffee morning was held in late January to publicise the centre & to coincide with Village Halls week, with the proceeds used to support the local Food Bank.
As well as general maintenance to the building, repairs to the roof have been carried out. Hire charges were reviewed and some increases were made to cover higher costs. A new safe was purchased for the bar takings and training for new bar staff took place.
A boxing event took place in February but problems were encountered and it was agreed that no further bookings would be allowed. Following an appeal by the hirer, several conditions were imposed, including extra security so that further bookings could be allowed. There have been no more problems at subsequent events.
The association has, sadly, received several resignations during the year, the Bar Manager and Trustee, the Health and Safety Officer and the Fire officer. A new trustee was appointed in October.
Slight amendments to the constitution were discussed & approved by the committee.
In June, the centre hosted a tea dance & afternoon tea, to celebrate the Platinum Jubilee of Queen Elizabeth II. This was a great success & enjoyed by all, especially residents from Grove House, a local home for the elderly, for whom refreshments were provided free of charge.
Various dance sessions are held regularly and prove to be popular. The two local amateur dramatic societies put on several shows a year which are greatly enjoyed by all and envied by other towns and villages. In addition, the centre is available for private parties, tribute nights, fashion shows, dance school shows and much more.
Thanks to all the hardworking committee members who dedicate a lot of time to keeping the centre running & to Sheryel and the nursery staff who pick up lots of extra duties. Special thanks to our cleaner, Anna, Margaret, our Booking Secretary and David Worsley, our auditor.
The John Slater Foundation has, once again, supported the association with generous donations.
Jeanette Lowe Secretary/Trustee
March 2023
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
Income Statement for the year ended 31 December 2022
| 2021 2022 Notes £ £ |
||
| OPERATING INCOME Room Hire Bar Proft Total Operating Income |
||
| 11,904 26,835 1 12,873 26,167 |
||
| 24,777 53,002 |
||
| OPERATING COSTS Gas Electricity Total Energy Costs T |
||
| 1,093 2,852 2,513 2,925 |
||
| 3,606 5,777 |
||
| Cleaning labour 2,396 4,724 Cleaning Materials 317 1,536 Donations/Events 826 351 Licences & Fees 626 471 Water 731 1,895 Business rates - 302 Insurance 2,672 2,490 Annual Contracts 860 1,648 Telephone 720 1,552 Depreciation 4 13,990 14,336 Repairs & Maintenance 6,650 7,737 Loss on disposal of fxed assets 45 780 Total Operating Costs 33,439 43,599 RAF |
||
| 33,439 43,599 |
||
| OPERATING PROFIT/(LOSS) |
(8,662) 9,403 |
|
| ADMINISTRATION COSTS 2 1,161 523 |
||
| OTHER INCOME 3 14,638 13,765 |
||
| PROFIT FOR THE YEAR |
4,815 22,645 |
|
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| Statement of Financial Position at 31 December 2022 | Statement of Financial Position at 31 December 2022 |
|---|---|
| 2021 2022 Notes £ £ |
|
| ASSETS FIXED ASSETS Freehold Land & Buildings 122,375 122,375 Furniture 10,084 7,146 Equipment & Garages 64,843 55,423 Total Fixed Assets 4 197,302 184,944 CURRENT ASSETS Bar stock at cost 1 3,086 2,801 Debtors 5 1,723 1,525 Bank 6 122,229 160,186 Cash 914 718 Jubilee coins at nominal value 8 8 Total Current Assets 127,960 165,238 AFT |
|
| 122,375 122,375 10,084 7,146 64,843 55,423 |
|
| 127,960 165,238 |
|
| TOTAL ASSETS |
325,262 350,182 |
| CURRENT LIABILITIES 7 2,710 4,985 |
|
| NET ASSETS |
322,552 345,197 |
| ACCUMULATED FUND At the start of the year Proft for the year |
|
| 317,737 322,552 4,815 22,645 |
|
| 322,552 345,197 |
|
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| Notes to the Accounts for the year ended 31 December 2022 | Notes to the Accounts for the year ended 31 December 2022 | Notes to the Accounts for the year ended 31 December 2022 |
|---|---|---|
| 2021 2022 £ £ |
||
| 1. BAR TRADING AND PROFIT & LOSS ACCOUNT Opening Stock Purchases Closing stock Cost of Sales |
||
| 2,048 3,086 9,760 26,129 (3,086) (2,801) |
||
| 8,722 26,414 |
||
| Sales |
24,018 | 59,924 |
| Gross proft Gross proft % |
15,296 33,510 63.7% 55.9% |
|
| Expenses Repairs & Maintenance Out of pocket expenses Sundries Total Expenses F |
||
| 1,153 3,898 1,240 3,400 30 45 |
||
| 2,423 7,343 |
||
| Net Proft Net Proft % |
12,873 26,167 |
|
| 53.6% 43.7% |
||
| 2. ADMINISTRATION COSTS Misc expenses Computer systems Total Administration Costs R |
||
| 913 223 248 300 |
||
| 1,161 523 |
||
| 3. OTHER INCOME Grants and Donations John Slater Foundation Chorley Borough Council Anderton Parish Council Total Donations D |
||
| 10,050 6,000 - 2,667 120 - |
||
| 10,170 8,667 |
||
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| 2021 2022 £ £ 114 362 4,106 4,456 248 280 |
2021 2022 £ £ 114 362 4,106 4,456 248 280 |
|||
|---|---|---|---|---|
| 3. OTHER INCOME (continued) Interest Electricity Feed In Tarif Misc Total Other Income |
||||
| 14,638 13,765 |
||||
| 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 tarif. Computers and certain items of short life furniture are depreciated at 25% of cost per annum intending to write of each asset over 4 years. Other assets are depreciated at a rate of 10% of cost per annum intending to write each asset of over 10 years. F |
||||
| Land & Buildings Furniture Equipment & Garages Total |
||||
| Original cost At 1 January 2022 Disposals in the year Additions this year At 31 December 2022 |
||||
| 122,375 33,965 161,292 317,632 (1,950) (1,950) 2,758 2,758 |
||||
| 122,375 33,965 162,100 318,440 |
||||
| Depreciation At 1 January 2022 Disposals in the year Charged for the current year At 31 December 2022 |
||||
| 23,881 96,449 120,330 (1,170) (1,170) 2,938 11,398 14,336 |
||||
| 26,819 106,677 133,496 |
||||
| Net book value At 1 January 2022 Disposals in the year Additions this year Depreciation charged this year At 31 December 2022 |
||||
| 122,375 10,084 64,843 197,302 0 (780) (780) 0 0 2,758 2,758 (2,938) (11,398) (14,336) |
||||
| 122,375 | 7,146 | 55,423 | 184,944 |
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| 2021 2022 £ £ 1,723 1,525 - - |
|
| 5. DEBTORS Room Hire Prepayments Total debtors T |
|
| 1,723 1,525 |
|
| 6. BANK R.B.S. Current account R.B.S. High interest account Virgin charity deposit account Total bank F |
|
| 599 526 37,568 75,377 84,062 84,283 |
|
| 122,229 160,186 |
|
| 7. CURRENT LIABILITIES Deposits for hall hire Gas Water Electricity Other R |
|
| 345 780 459 419 - 30 1101 2500 805 1256 |
|
| 2,710 4,985 |
|
| Independent Auditor’s Report I have audited the fnancial statements of Adlington and District Community Association for the year ended 31 December 2022 which comprise the Ofcers' Reports, the Income Statement, the Statement of Financial Position and the related notes. In my opinion the Ofcers' reports and Financial Statements give a true and fair view of the association’s afairs at 31 December 2022 and the proft for the year. D |
|
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
Income Statement for the year ended 31 December 2022
| 2021 2022 Notes £ £ |
||
| OPERATING INCOME Room Hire Bar Proft Total Operating Income |
||
| 11,904 26,835 1 12,873 26,167 |
||
| 24,777 53,002 |
||
| OPERATING COSTS Gas Electricity Total Energy Costs T |
||
| 1,093 2,852 2,513 2,925 |
||
| 3,606 5,777 |
||
| Cleaning labour 2,396 4,724 Cleaning Materials 317 1,536 Donations/Events 826 351 Licences & Fees 626 471 Water 731 1,895 Business rates - 302 Insurance 2,672 2,490 Annual Contracts 860 1,648 Telephone 720 1,552 Depreciation 4 13,990 14,336 Repairs & Maintenance 6,650 7,737 Loss on disposal of fxed assets 45 780 Total Operating Costs 33,439 43,599 RAF |
||
| 33,439 43,599 |
||
| OPERATING PROFIT/(LOSS) |
(8,662) 9,403 |
|
| ADMINISTRATION COSTS 2 1,161 523 |
||
| OTHER INCOME 3 14,638 13,765 |
||
| PROFIT FOR THE YEAR |
4,815 22,645 |
|
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| Statement of Financial Position at 31 December 2022 | Statement of Financial Position at 31 December 2022 |
|---|---|
| 2021 2022 Notes £ £ |
|
| ASSETS FIXED ASSETS Freehold Land & Buildings 122,375 122,375 Furniture 10,084 7,146 Equipment & Garages 64,843 55,423 Total Fixed Assets 4 197,302 184,944 CURRENT ASSETS Bar stock at cost 1 3,086 2,801 Debtors 5 1,723 1,525 Bank 6 122,229 160,186 Cash 914 718 Jubilee coins at nominal value 8 8 Total Current Assets 127,960 165,238 AFT |
|
| 122,375 122,375 10,084 7,146 64,843 55,423 |
|
| 127,960 165,238 |
|
| TOTAL ASSETS |
325,262 350,182 |
| CURRENT LIABILITIES 7 2,710 4,985 |
|
| NET ASSETS |
322,552 345,197 |
| ACCUMULATED FUND At the start of the year Proft for the year |
|
| 317,737 322,552 4,815 22,645 |
|
| 322,552 345,197 |
|
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| Notes to the Accounts for the year ended 31 December 2022 | Notes to the Accounts for the year ended 31 December 2022 | Notes to the Accounts for the year ended 31 December 2022 |
|---|---|---|
| 2021 2022 £ £ |
||
| 1. BAR TRADING AND PROFIT & LOSS ACCOUNT Opening Stock Purchases Closing stock Cost of Sales |
||
| 2,048 3,086 9,760 26,129 (3,086) (2,801) |
||
| 8,722 26,414 |
||
| Sales |
24,018 | 59,924 |
| Gross proft Gross proft % |
15,296 33,510 63.7% 55.9% |
|
| Expenses Repairs & Maintenance Out of pocket expenses Sundries Total Expenses F |
||
| 1,153 3,898 1,240 3,400 30 45 |
||
| 2,423 7,343 |
||
| Net Proft Net Proft % |
12,873 26,167 |
|
| 53.6% 43.7% |
||
| 2. ADMINISTRATION COSTS Misc expenses Computer systems Total Administration Costs R |
||
| 913 223 248 300 |
||
| 1,161 523 |
||
| 3. OTHER INCOME Grants and Donations John Slater Foundation Chorley Borough Council Anderton Parish Council Total Donations D |
||
| 10,050 6,000 - 2,667 120 - |
||
| 10,170 8,667 |
||
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| 2021 2022 £ £ 114 362 4,106 4,456 248 280 |
2021 2022 £ £ 114 362 4,106 4,456 248 280 |
|||
|---|---|---|---|---|
| 3. OTHER INCOME (continued) Interest Electricity Feed In Tarif Misc Total Other Income |
||||
| 14,638 13,765 |
||||
| 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 tarif. Computers and certain items of short life furniture are depreciated at 25% of cost per annum intending to write of each asset over 4 years. Other assets are depreciated at a rate of 10% of cost per annum intending to write each asset of over 10 years. F |
||||
| Land & Buildings Furniture Equipment & Garages Total |
||||
| Original cost At 1 January 2022 Disposals in the year Additions this year At 31 December 2022 |
||||
| 122,375 33,965 161,292 317,632 (1,950) (1,950) 2,758 2,758 |
||||
| 122,375 33,965 162,100 318,440 |
||||
| Depreciation At 1 January 2022 Disposals in the year Charged for the current year At 31 December 2022 |
||||
| 23,881 96,449 120,330 (1,170) (1,170) 2,938 11,398 14,336 |
||||
| 26,819 106,677 133,496 |
||||
| Net book value At 1 January 2022 Disposals in the year Additions this year Depreciation charged this year At 31 December 2022 |
||||
| 122,375 10,084 64,843 197,302 0 (780) (780) 0 0 2,758 2,758 (2,938) (11,398) (14,336) |
||||
| 122,375 | 7,146 | 55,423 | 184,944 |
ADLINGTON AND DISTRICT COMMUNITY ASSOCIATION
| 2021 2022 £ £ 1,723 1,525 - - |
|
| 5. DEBTORS Room Hire Prepayments Total debtors T |
|
| 1,723 1,525 |
|
| 6. BANK R.B.S. Current account R.B.S. High interest account Virgin charity deposit account Total bank F |
|
| 599 526 37,568 75,377 84,062 84,283 |
|
| 122,229 160,186 |
|
| 7. CURRENT LIABILITIES Deposits for hall hire Gas Water Electricity Other R |
|
| 345 780 459 419 - 30 1101 2500 805 1256 |
|
| 2,710 4,985 |
|
| Independent Auditor’s Report I have audited the fnancial statements of Adlington and District Community Association for the year ended 31 December 2022 which comprise the Ofcers' Reports, the Income Statement, the Statement of Financial Position and the related notes. In my opinion the Ofcers' reports and Financial Statements give a true and fair view of the association’s afairs at 31 December 2022 and the proft for the year. D |
|