Penrhyn Bay Community Centre Accounts for the year ended 31 March 2021
Penrhyn Bay Community Centre
Committee approval statement for the year ended 31 March 2021
We approve the accounts which comprise the Income and Expenditure Account, the Balance Sheet and the related notes. We acknowledge our responsibility for the accounts and for providing Salisbury & Company with all information and explanations necessary for their compilation.
bittteeseeettetestessesssstsseseseeee Myra Wigzell (Trustee)
beeeeetetttserersitessrersereeeeseees LINZ] Grace (Trustee)
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Penrhyn Bay Community Centre
Accountants’ report on the unaudited accounts
You have approved the accounts for the year ended 31 March 2021 which comprise the Income and Expenditure Account, the Balance Sheet and the related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us.
Salisbury & Company
Irish Square Upper Denbigh Road St Asaph LL17 ORN
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Penrhyn Bay Community Centre
Income and Expenditure Account for the year ended 31 March 2021
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Income | - | ||
| Income from lettings (per note 1) | 1,440 | 10,095 | |
| Grants and donations | 23,400 | 648 | |
| Re elections | 615 | 300 | |
| Bank interest | 3 | 13 | |
| 25,458 | 11,056 | ||
| Expenses | |||
| Caretakers wages and cleaning costs | 2,295 | 2,447 | |
| Insurance | 1,173 | 1,170 | |
| Water rates | 239 | 281 | |
| Electricity | 948 | 1,078 | |
| Gas | 528 | 546 | |
| Repairs and renewals | 381 | 521 | |
| Accountancy charges | 360 | 360 | |
| Depreciation | 882 | 942 | |
| 6,806 | 7,345 | ||
| Surplusfortheyear | 18,652 | 3,711 |
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Penrhyn Bay Community Centre
Balance Sheet as at 31 March 2021
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Notes 2021 2020
£ £
Fixed assets
Equipment, machinery and motor vehicles 2 35,137 36,019
Current assets
Bank current account 33,123 23,592
Bank deposit account 14,520 4,517
47,643 28,109
Current liabilities
Creditors 330 330
Net current assets 47,313 27,779
Total assets 82,450 63,798
Represented by:
Accumumlated fund
Balance brought forward 63,798 60,087
Surplus for the year 18,652 3,711
Balance carried forward 82,450 63,798
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1 Analysis of Lettings
Penrhyn Bay Community Centre
Notes to the Accounts for the year ended 31 March 2021
| 1 | Analysis of Lettings | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| £ | £ | ||||
| Linzi Grace School of Dance | 1,440 | 3,540 | |||
| Bootcamp | - | 780 | |||
| Parties | - | 465 | |||
| Conwy Games Club | - | 225 | |||
| Llandudno Musical Players | - | 165 | |||
| Miscellaneous | - | 245 | |||
| Freda -Zumba 2 | - | 2,215 | |||
| Zumba Fridays/Gold | - | 1,640 | |||
| Sewing Group - C Boyle | - | 640 | |||
| Baby Sensory Class - Mondays | - | 180 | |||
| Sian Williams | - | - | |||
| 1,440 | 10,095 | ||||
| 2 | Fixed Assets | ||||
| Building | Furniture | Equipment | Total | ||
| & | car park | & fittings | |||
| £ | £ | £ | £ | ||
| Cost | |||||
| At 1 April 2020 | 69,564 | 6,765 | 3,014 | 79,343 | |
| Additions | - | - | - | - | |
| Disposals | - | - | - | - | |
| At 31 March 2021 | 69,564 | 6,765 | 3,014 | 79,343 | |
| Depreciation | |||||
| At 1 April 2020 | 34,449 | 5,963 | 2,912 | 43,324 | |
| Charge for the year | 702 | 160 | 20 | 882 | |
| On disposals | - | - | - | - | |
| At 31 March 2021 | 35,151 | 6,123 | 2,932 | 44,206 | |
| Net book value | |||||
| At 31 March 2021 | 34,413 | 642 | 82 | 35,137 | |
| At31March2020 | 35,115 | 802 | 102 | 36,019 |
Depreciation is provided at the following rates:On building and car park - 2% p.a. on net book value On other assets - 20% p.a. on net book value
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