## **Brownlow Community Centre Accounts 1[st] September 2020 to 31[st] August 2021**
The annual accounts are presented on the attached sheet.
## **Income**
A total income of £46,077.98 in 2020/2021 a significant increase on previous year of £ 36,103.05 this is due to more Grants being received from our local council and a very generous donation of £10,000 from a local charity.
We haven’t raised any money this year from fund raising events due to them all being cancelled due to COVID, however we have received donations from a local charity Rotary Club of £500, monies sitting in the fund raising account for this year are allocations from the previous years fund raising and an opening balance from a bank account I haven’t been able to access.
## **Expenditure**
Our biggest expenditure this financial year has been lighting, heating and water totalling to £8329.74 with the centre back up and running as normal this has shown a larger increase this year. A project cost section has been added to this year’s finances in which we can now easily see where our money is being spent. This year we have replaced the final set of windows in our main hall. Our repairs and maintenance have been kept to a minimum this year, although we did have an emergency expenditure on repairing our roof and replacing a boiler.
Total expenditure for this financial year £23,430.63 a slight decrease on the previous year which was £23,556.94
It has been another testing year for our Community Centre and we have been very thankful for the grants this financial year, in which I would like to thank our vice chair Terrie on finding these grants on behalf of the community centre. We are also very thankful to all our current users who continue to support us.
Here’s hoping for a better new year in 2022.
## **Balance Sheet**
## **Brownlow Community Centre As at 31 August 2021**
|**Balance Sheet**
**Brownlow Community Centre**
**As at 31 August 2021**|**Balance Sheet**
**Brownlow Community Centre**
**As at 31 August 2021**|
|---|---|
|**31 AUG 2021**||
|**Fixed Assets**||
||**Tangible Assets**|
||Leasehold Improvements
47.69|
||**Total Tangible Assets**
**47.69**|
|**Total Fixed Assets**
**47.69**
**Current Assets**||
||**Cash at bank and in hand**|
||Business Instant Access
14,766.36|
||Petty Cash
612.00|
||TSB
36,798.27|
||**Total Cash at bank and in hand**
**52,176.63**|
||Accounts Receivable
398.00|
|**Total Current Assets**
**52,574.63**
**Creditors: amounts falling due withinone year**||
|Accounts Payable
284.56||
|Historical Adjustment
9,147.99||
|Rounding
(0.10)||
|**Total Creditors: amounts falling due within one year**
**9,432.45**||
|**Net Current Assets (Liabilities)**
**43,142.18**||
|**Total Assets less Current Liabilities**
**43,189.87**||
|**Net Assets**
**43,189.87**
**Capital and Reserves**||
|Current Year Earnings
28,740.22||
|Retained Earnings
14,449.65||
|**Total Capital and Reserves**
**43,189.87**||
Balance Sheet
Brownlow Community Centre
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