**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_|| ||| ||| ||| ||| ||| |||