SHENLEY LANE COMMUNITY ASSOCIATION
& SPORTS CENTRE
ANNUAL REPORT FOR THE YEAR ENDING 31st MARCH 2022
THE ASSOCIATION
The Association is a Registered Charity, Number 518218, it operates under a Constitution instituted on 11th June 1984 and subsequently amended in 1986 and 1994. It is managed by a Committee of Trustees which was constituted as follows;-
D.Gubbins Chairman EX FIN C Woo Vice-Chairman M.E.Lancaster Secretary EX FIN A Jones Treasurer J Daniels Nominated by the Membership J Patrick Nominated by the Membership G Whigham Nominated by the Membership
EX Member of Executive Committee FIN Member of Finance Sub Committee
Its Association address is; 472 Shenley Lane, Selly Oak, Birmingham, B29 4HZ
The Association is comprised of a general membership and has the following Affiliated Groups;
Northfield Town Football Club, Northfield Town Junior FC.
There are several User Groups, including Northfield Town Over 35’s, Northfield Town Over 50’s and Shenley Fields SYS CC.
Six members of the Committee of Trustees are elected by the general membership in General Meeting. One member is appointed to represent the affiliated group and the Association Manager is invited to become a trustee ex officio.
The general business of the Association is conducted at monthly meetings of the Committee. The Association also has an Executive Committee with delegated powers to deal with day to day matters and a Finance Committee which meets regularly to monitor financial matters. The Executive Committee and Finance Committee report to the monthly meetings of the Committee of Trustees.
1
The Trustees are all aware of their responsibilities as trustees of a Charity and receive regular updates on the requirements of Charities legislation.
The Trustees are aware of the long term need to generate funds for the long term maintenance of the facilities. There are currently no specific projects for which funds have been earmarked in specific reserve funds. The policy of the Committee of Trustees is to build up unrestricted reserves until such time as specific projects make the creation of earmarked reserves advisable.
The Association has a 99 year lease from Bournville Village Trust, for Legal purposes the Lease is held in the names of a HOLDING TRUSTEES who are;Mark Douglas
Andrew Gubbins Vicky Jarrett
The Lease contains the following conditions;
-
It is dated from January 2018 for a term of 99 years. A one-off payment was negotiated to cover the full length of the term.
-
To maintain a car park for the use of members, keep all boundaries in good repair, the
-
property in good repair and sound turf. Keep all fences and hedges in good repair and condition.
-
To use the property only as playing fields and the buildings for the purposes of the Association.
-
Not to make any alterations without the Landlord's consent.
-
Not to assign or underlet except for the licence of part to Shenley Society (2006) Ltd.
-
Not to commit any nuisance to the Landlord's, their tenants or leasees.
-
To only supply or consume alcohol during restricted hours permitted by the lease subject to the requirements of the Licensing Justices and without nuisance to local residents.
-
To maintain a constitution which appoints a Landlord's representative to Management Meetings.
Under the Lease the Association affords an Operational Licence to SHENLEY SOCIETY (2006) Ltd, Registered under the Companies Act 1985, Number 5725757 for the operation of the Licensed Facilities. The Society is registered for VAT, number 614 3451 67
The Solicitor for the Association and the Society is;- Their Bankers are ;-
M R Timms and Co HSBC Solicitors Northfield Branch 12 Abbey Road 770/772 Bristol Road South Gornal Wood Northfield Dudley Birmingham West Midlands DY3 2PQ B31
2
OBJECTIVES OF THE ASSOCIATION
The objectives of the Association, as set out in the Constitution are as follows;-
To promote the benefit of the inhabitants of the estates of Shenley Manor and Shenley Court and the neighbourhood, without distinction of sex, sexual orientation, race of political, religious or other opinions, by associating together the inhabitants the Local Authorities, voluntary organisations and the inhabitants in a common effort to provide facilities in the interests of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the inhabitants. To establish a Community Centre and maintain and manage it in collaboration with the Local Authority and others in furtherance of these objects.
REVIEW OF THE ACTIVITIES AND DEVELOPMENT OF THE ASSOCIATION
Steve and Sue have continued to work to maximise Initiatives and events that have markedly improved the overall finances. This has allowed us to continue with work that is essential for the smooth running of the Association. However after four years service Steve has decided to retire. We thank them for all their hard work and wish them well for the future.
We are still in the process of seeking to appoint their successors but we are in the final stages of contractual arrangements to be agreed within the next few days. Steve and Sue are very supportive and have assured us they will help with a smooth transition.
As I reported last year, the time made available during lockdown allowed us to do vital work to the premises. Out of lockdown this work has continued. Completely reupholstering all the seating. The floor has been completely refurbished and the corridor floor, doors and lighting has been completely renovated. Also the outside lighting to the rear of the building has been renewed to meet safety standards. We hope we can continue this refurbishment in other parts of the Association.
.
Now we are completely out of lockdown the Association has continued to be a hub in the local community, with groups using the Association of facilities for meetings and workshops.. As always events such as weddings, family celebrations and of course a local community venue for funeral arrangements. This has allowed us to continue to revitalise the finances of the Association.
The sporting activities of the Association, so badly affected by lockdown are now going from strength to strength. Northfield town, seniors and juniors,
3
have been training hard and approach the new season well-organised and confident. The cricket have had a good season and have improved their facilities ready for next year.
It is with sadness during the past year we regret the passing of Mary Gubbins, Lynn Shellum, June Granner, Shena Davies, Kenny Wain, Mary Wain, Albert Pedley and David Tranter. All respected and loved members of the Association. Our thoughts are with their families and friends.
Finally, as always, special thanks to Steve and Sue and the Society staff for the continued friendly and courteous manner in which they conduct themselves. In addition special thanks are also expressed to all those who contribute to the smooth running of the Association, many of them unnamed volunteers, without whom the Association would cease to exist.
Accounts Examiner
Goodwins 6 Parkside Greenhough Road Lichfield Staffordshire WS13 7AU
4
REGISTERED CHARITY NUMBER: 518218
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
Shenley Lane Community Association
& Sports Centre
Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU
Shenley Lane Community Association & Sports Centre
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 518218
Principal address
472, Shenley Lane Selly Oak Birmingham West Midlands B29 4HZ
Trustees
D Gubbins ME Lancaster J Patrick C Woo V Jarrett J Daniels G Whigham
Independent Examiner
Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU
Approved by order of the board of trustees on 20 June 2022 and signed on its behalf by:
D Gubbins - Trustee
Page 1
Independent Examiner's Report to the Trustees of Shenley Lane Community Association & Sports Centre
Independent examiner's report to the trustees of Shenley Lane Community Association & Sports Centre
I report to the charity trustees on my examination of the accounts of Shenley Lane Community Association & Sports Centre (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Leigh Goodwin Chartered Accountant Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU
20 June 2022
Page 2
Shenley Lane Community Association
& Sports Centre
Statement of Financial Activities
for the Year Ended 31 March 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 65,805 EXPENDITURE ON Raising funds 2 37,987 NET INCOME 27,818 RECONCILIATION OF FUNDS Total funds brought forward 35,086 TOTAL FUNDS CARRIED FORWARD 62,904 |
Restricted funds £ - - - 213,365 213,365 |
31.3.22 Total funds £ 65,805 37,987 27,818 248,451 276,269 |
31.3.21 Total funds £ 69,788 48,730 21,058 227,393 248,451 |
|---|---|---|---|
The notes form part of these financial statements
Page 3
Shenley Lane Community Association & Sports Centre
Balance Sheet
31 March 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 1,175 CURRENT ASSETS Debtors 6 12,432 Cash at bank 49,297 61,729 NET CURRENT ASSETS 61,729 TOTAL ASSETS LESS CURRENT LIABILITIES 62,904 NET ASSETS 62,904 FUNDS 7 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 213,365 - - - - 213,365 213,365 |
31.3.22 Total funds £ 214,540 12,432 49,297 61,729 61,729 276,269 276,269 62,904 213,365 276,269 |
31.3.21 Total funds £ 214,540 11,417 22,494 33,911 33,911 248,451 248,451 35,086 213,365 248,451 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 June 2022 and were signed on its behalf by:
D Gubbins - Trustee
The notes form part of these financial statements
Page 4
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - No depreciation Plant and machinery - No depreciation
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 5
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
2. RAISING FUNDS
Raising donations and legacies
| 31.3.22 | 31.3.21 | |
|---|---|---|
| £ | £ | |
| Support costs | 1,644 | - |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 5. TANGIBLE FIXED ASSETS COST At 1 April 2021 and 31 March 2022 DEPRECIATION At 1 April 2021 and 31 March 2022 NET BOOK VALUE At 31 March 2022 At 31 March 2021 |
Unrestricted fund £ 69,788 48,730 21,058 14,028 35,086 Freehold property £ 598,160 388,339 209,821 209,821 |
Restricted funds £ - - - 213,365 213,365 Plant and machinery £ 50,078 45,359 4,719 4,719 |
Total funds £ 69,788 48,730 21,058 227,393 248,451 Totals £ 648,238 433,698 214,540 214,540 |
|---|---|---|---|
continued...
Page 6
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
| 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 7. MOVEMENT IN FUNDS At 1.4.21 £ Unrestricted funds General fund 35,086 Restricted funds Capital 213,365 TOTAL FUNDS 248,451 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 65,805 TOTAL FUNDS 65,805 Comparatives for movement in funds At 1.4.20 £ Unrestricted funds General fund 14,028 Restricted funds Capital 213,365 TOTAL FUNDS 227,393 |
31.3.22 31.3.21 £ £ 12,432 11,417 Net movement At in funds 31.3.22 £ £ 27,818 62,904 - 213,365 27,818 276,269 Resources Movement expended in funds £ £ (37,987) 27,818 (37,987) 27,818 Net movement At in funds 31.3.21 £ £ 21,058 35,086 - 213,365 21,058 248,451 |
|---|---|
continued...
Page 7
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
7. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 69,788 | (48,730) | 21,058 |
| TOTAL FUNDS | 69,788 | (48,730) | 21,058 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Capital TOTAL FUNDS |
At 1.4.20 £ 14,028 213,365 227,393 |
Net movement in funds £ 48,876 - 48,876 |
At 31.3.22 £ 62,904 213,365 276,269 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 135,593 (86,717) |
48,876 |
| TOTAL FUNDS | 135,593 (86,717) |
48,876 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 8
Shenley Lane Community Association & Sports Centre
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |
||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | (1) | (2) |
| Subscriptions | 150 | 1,915 |
| Shenley Society Limited | 10,560 | 19,819 |
| Other rents | 18,898 | 22,056 |
| Other income | 9,579 | 17,277 |
| Income from grants | 26,619 | 8,723 |
| 65,805 | 69,788 | |
| Total incoming resources | 65,805 | 69,788 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Rates and water | 2,039 | 1,331 |
| Light and heat | 16,052 | 17,871 |
| Maintenance | 15,560 | 24,168 |
| Licences and insurance | 4,320 | 4,105 |
| Expenditure on events | - | 1,255 |
| Finance | 37,971 | 48,730 |
| Bank charges | 16 | - |
| Total resources expended | 37,987 | 48,730 |
| Net income | 27,818 | 21,058 |
This page does not form part of the statutory financial statements
Page 9
Shenley Lane Community Association & Sports Centre
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
REGISTERED CHARITY NUMBER: 518218
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
Shenley Lane Community Association
& Sports Centre
Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU
Shenley Lane Community Association & Sports Centre
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 518218
Principal address
472, Shenley Lane Selly Oak Birmingham West Midlands B29 4HZ
Trustees
D Gubbins ME Lancaster J Patrick C Woo V Jarrett J Daniels G Whigham
Independent Examiner
Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU
Approved by order of the board of trustees on 20 June 2022 and signed on its behalf by:
D Gubbins - Trustee
Page 1
Independent Examiner's Report to the Trustees of Shenley Lane Community Association & Sports Centre
Independent examiner's report to the trustees of Shenley Lane Community Association & Sports Centre
I report to the charity trustees on my examination of the accounts of Shenley Lane Community Association & Sports Centre (the Trust) for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Leigh Goodwin Chartered Accountant Goodwins 6 Parkside Court Greenhough Road Lichfield Staffordshire WS13 7AU
20 June 2022
Page 2
Shenley Lane Community Association
& Sports Centre
Statement of Financial Activities
for the Year Ended 31 March 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 65,805 EXPENDITURE ON Raising funds 2 37,987 NET INCOME 27,818 RECONCILIATION OF FUNDS Total funds brought forward 35,086 TOTAL FUNDS CARRIED FORWARD 62,904 |
Restricted funds £ - - - 213,365 213,365 |
31.3.22 Total funds £ 65,805 37,987 27,818 248,451 276,269 |
31.3.21 Total funds £ 69,788 48,730 21,058 227,393 248,451 |
|---|---|---|---|
The notes form part of these financial statements
Page 3
Shenley Lane Community Association & Sports Centre
Balance Sheet
31 March 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 1,175 CURRENT ASSETS Debtors 6 12,432 Cash at bank 49,297 61,729 NET CURRENT ASSETS 61,729 TOTAL ASSETS LESS CURRENT LIABILITIES 62,904 NET ASSETS 62,904 FUNDS 7 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 213,365 - - - - 213,365 213,365 |
31.3.22 Total funds £ 214,540 12,432 49,297 61,729 61,729 276,269 276,269 62,904 213,365 276,269 |
31.3.21 Total funds £ 214,540 11,417 22,494 33,911 33,911 248,451 248,451 35,086 213,365 248,451 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 June 2022 and were signed on its behalf by:
D Gubbins - Trustee
The notes form part of these financial statements
Page 4
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - No depreciation Plant and machinery - No depreciation
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 5
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
2. RAISING FUNDS
Raising donations and legacies
| 31.3.22 | 31.3.21 | |
|---|---|---|
| £ | £ | |
| Support costs | 1,644 | - |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 5. TANGIBLE FIXED ASSETS COST At 1 April 2021 and 31 March 2022 DEPRECIATION At 1 April 2021 and 31 March 2022 NET BOOK VALUE At 31 March 2022 At 31 March 2021 |
Unrestricted fund £ 69,788 48,730 21,058 14,028 35,086 Freehold property £ 598,160 388,339 209,821 209,821 |
Restricted funds £ - - - 213,365 213,365 Plant and machinery £ 50,078 45,359 4,719 4,719 |
Total funds £ 69,788 48,730 21,058 227,393 248,451 Totals £ 648,238 433,698 214,540 214,540 |
|---|---|---|---|
continued...
Page 6
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
| 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 7. MOVEMENT IN FUNDS At 1.4.21 £ Unrestricted funds General fund 35,086 Restricted funds Capital 213,365 TOTAL FUNDS 248,451 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 65,805 TOTAL FUNDS 65,805 Comparatives for movement in funds At 1.4.20 £ Unrestricted funds General fund 14,028 Restricted funds Capital 213,365 TOTAL FUNDS 227,393 |
31.3.22 31.3.21 £ £ 12,432 11,417 Net movement At in funds 31.3.22 £ £ 27,818 62,904 - 213,365 27,818 276,269 Resources Movement expended in funds £ £ (37,987) 27,818 (37,987) 27,818 Net movement At in funds 31.3.21 £ £ 21,058 35,086 - 213,365 21,058 248,451 |
|---|---|
continued...
Page 7
Shenley Lane Community Association & Sports Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
7. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 69,788 | (48,730) | 21,058 |
| TOTAL FUNDS | 69,788 | (48,730) | 21,058 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Capital TOTAL FUNDS |
At 1.4.20 £ 14,028 213,365 227,393 |
Net movement in funds £ 48,876 - 48,876 |
At 31.3.22 £ 62,904 213,365 276,269 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 135,593 (86,717) |
48,876 |
| TOTAL FUNDS | 135,593 (86,717) |
48,876 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
Page 8
Shenley Lane Community Association & Sports Centre
Detailed Statement of Financial Activities for the Year Ended 31 March 2022
| Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |
||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | (1) | (2) |
| Subscriptions | 150 | 1,915 |
| Shenley Society Limited | 10,560 | 19,819 |
| Other rents | 18,898 | 22,056 |
| Other income | 9,579 | 17,277 |
| Income from grants | 26,619 | 8,723 |
| 65,805 | 69,788 | |
| Total incoming resources | 65,805 | 69,788 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Rates and water | 2,039 | 1,331 |
| Light and heat | 16,052 | 17,871 |
| Maintenance | 15,560 | 24,168 |
| Licences and insurance | 4,320 | 4,105 |
| Expenditure on events | - | 1,255 |
| Finance | 37,971 | 48,730 |
| Bank charges | 16 | - |
| Total resources expended | 37,987 | 48,730 |
| Net income | 27,818 | 21,058 |
This page does not form part of the statutory financial statements
Page 9
Shenley Lane Community Association & Sports Centre
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |