**THROCKLEY COMMUNITY HALL LIMITED** (A company limited by guarantee)
**REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2021**
**Charity Number 519477 Company Number 01862258**
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
For the year ended 31 March 2021
|**Contents**|**Page**|
|---|---|
|Trustees annual report|1 to 5|
|Independent examiners report|6|
|Statement of Financial Activities (including|7|
|income and expenditure account)||
|Balance sheet|8|
|Notes to the financial statements|9 to 18|
## **THROCKLEY COMMUNITY HALL LTD** (A company limited by guarantee) **TRUSTEE ANNUAL REPORT** For the year ended 31 March 2021
The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ended 31 March 2021 which are also prepared to meet the requirements for a trustees’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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)
## **1. Objectives and Activities**
The principal activity of the company is to provide accommodation facilities for activities of the residents of Throckley and the areas adjacent to the village, (Callerton and Throckley Ward). Activities include education, leisure, health and well-being, leisure and sporting pursuits, there are also events relating to welfare and general benefits for the population. The hall is managed by a Management Group who are seeking to ever widen the usage of facilities.
The Trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charities commission. The Trustees have considered this guidance in shaping the charitable company’s objectives for the year and planning current and future activities.
.
## **2. Achievements and Performance**
Year ending 31 March 2020 we were able to meet all our goals set out.
-
- New office equipment – printer/phone/computer/shredder
- Smoker’s corner created
- New water heater fitted
- New carpet fitted in office
- All chairs were cleaned
- Drains were serviced
- Replacement of flooring where needed
- New cooker
- New instant water heater fitted
- New tables
During 2020/2021, we were closed to the community due to the pandemic, so we set up the hall as a food bank and delivered food and activity parcels to the community every week. We sourced funding and donations to deliver this service and it is still operating today but on a lower scale.
In total, we have given out 7863 parcels to those in need of support.
We helped and supported the community in many ways – accessing services, care calls, doorstep visits, activities to improve wellbeing, mental health, and isolation; we gave digital support, helped the homeless and created a fabulous Christmas by making sure nobody went without.
1
**THROCKLEY COMMUNITY HALL LTD** (A company limited by guarantee) **TRUSTEE ANNUAL REPORT** For the year ended 31 March 2021
Whilst the hall was closed, we have managed to complete many tasks:
- Roof repaired
- Cladding replaced
- Cellar made structurally sound and safe
- Cellar lights fitted
- Removal of years of debris from the cellar
- Electrics upgraded and redone throughout the hall
- Gas upgraded and serviced
- New phone/internet system fitted
- Cleaned/fogged whole hall for COVID
- Outside railings painted
- Virtual Job and Skills Fair
## **3. Review**
## **Review of the year**
The results for the year and the company's financial position at the end of the year are shown in the attached financial statements.
During the year the Charity had income of £114,661 of which £56,899 was restricted (2020: £43,112 of which £22,061 was restricted) and expenditure of £85,796 of which £23,482 was restricted (2020: £43,769 of which £19,040 was restricted). There was an operating surplus of £28,865 of which a surplus of £33,417 was restricted (2020: deficit of £656 of which a surplus of £3,021 was restricted).
At 31 March 2021, the Charity had net assets of £57,504 of which £47,310 was restricted (2020: £26,028 of which £13,893 was restricted).
## **Reserves policy**
The Trustees consider the level of reserves, £10,194 (2020: £12,1358), prudent for the Charity at this time taking into account potential liabilities in the event that the charity ceased. Our Reserves Policy is reviewed annually.
Due to the COVID-19 pandemic, it has put pressure on all businesses in 2020-21. It should be noted that the trade debtors have been received and the creditors are being paid when the payments are falling due.
No other significant events affecting the Company since the year end.
## **4. Risk Management**
The Board is responsible for the management of the risks to which the Charity is exposed. A risk register is produced which considers financial, governance and delivery risks.
For each risk, the register identifies:
- Initial risk assessment in terms of impact and likelihood
- Initial risk rating
- Counter measures
- Responsibility / ownership
- Timescale
-
- Amended risk assessment in terms of impact and likelihood
- Amended risk rating
2
## **THROCKLEY COMMUNITY HALL LTD** (A company limited by guarantee) **TRUSTEE ANNUAL REPORT** For the year ended 31 March 2021
The Board reviews the risk register throughout the year. Through the counter measures put in place in the risk register and the regular reviews and updates, the Board is satisfied that the major risks identified have been adequately mitigated. It is recognised that this approach can only provide reasonable but not absolute assurance that major risks have been adequately managed.
## **5. Plans for future periods**
Goals for 2021/2022:
- Ramp fitted to replace two steps outside
- Railing fitted to support ramp
- Alarms upgraded
- Defibrillator fitted to outside of the building
- New fridge freezer
- Face to face Job and Skills Fair
- Deep clean and COVID fogging
- Fully reopened to the community
- New community groups running
- Partnership group with other services in Throckley formed to ensure all needs of the community are met
Overall, we have been very proactive and achieved a lot through the pandemic and are looking forward to supporting our community through the services and groups delivered at the hall.
## **6. Reference and administrative details of the charity, its trustees and advisors**
**Registered charity name** Throckley Community Hall Ltd **Charity number** 519477 **Company registration number** 01862258 **Registered office** Back Victoria Terrace Throckley Newcastle upon Tyne NE15 9EL **Trustees and Members of the Board** Cllr L I Wright E A Robinson M Fitzgerald – Secretary C Dockerty J Gord **Independent Examiner** Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF **Bankers** Lloyds Bank
3
**THROCKLEY COMMUNITY HALL LTD** (A company limited by guarantee) **TRUSTEE ANNUAL REPORT** For the year ended 31 March 2021
## **7. Structure, governance and management**
## **Governing Document**
The organisation is a Charitable Company Limited by Guarantee. The Company was established under a Memorandum of Association, which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of a winding up any member (who is a director) undertakes to contribute to the payment of liabilities, such amount as may be required not exceeding the total of £1.
## **Recruitment and Appointment of the Board**
The Directors of the Company are also Trustees for the purposes of charity law and under the company's Articles are also its members. Under the requirements of the Memorandum and Articles of Association, at the Annual General Meeting one-third of the Directors, who are subject to retirement by rotation, shall retire. Retiring Directors can be re-appointed at the Annual General Meeting.
Trustees are selected on the basis of specialist skills and commitment to the objectives and aims of the organisation.
## **Board Induction and Training**
New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:
- A briefing by the Chair or Chief Executive
- An explanation of roles and responsibilities as a Board Member
- Copies of the main company documents including the Memorandum and Articles of Association and the Financial Statements
- Copy of the business plan and most recent evaluation report
- Copies of recent board papers including budgets and management accounts
- A copy of the Charity Commission publication "How to be an Effective Trustee"
- A copy of the governance structure.
4
**THROCKLEY COMMUNITY HALL LTD** (A company limited by guarantee) **TRUSTEE ANNUAL REPORT** For the year ended 31 March 2021
## **8. Statement of Trustee Responsibilities**
The trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of incoming resources and application of resources, including the income and expenditure of the charitable company for that year. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
-
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board on 13.12.2021 and signed on their behalf by:
E A Robinson (Chair)
5
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 March 2021
I report on the financial statements of Throckley Community Hall Limited for the year ended 31 March 2021, which are set out on pages 7 to 18.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I 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.
Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 13.12.2021
6
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **STATEMENT OF FINANCIAL ACTIVITIES**
(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)
For the year ended 31 March 2021
|6
7
Other trading activities
8
9
**Expenditure on:**
10
11
**_Total funds carried forward_**
**Reconciliation of funds**
Total funds brought forward
Notes
**_Total income_**
Donations and legacies
**Income from:**
Investments
Charitable activities
Grants and contracts
Raising funds
Operation of the charity
**_Total expenditure_**
**_Net income/(expenditure) and net_**
**_movement of funds_**
Charitable activities|Unrestricted
Funds
£
312
55,972
1,470
8
57,762
1,435
60,879
62,314
( 4,552 )
27,877
23,325|Restricted
Funds
£
612
56,287
-
-
56,899
-
23,482
23,482
33,417
13,893
47,310|**Total**
**2021**
**£**
**924**
**112,259**
**1,470**
**8**
**114,661**
**1,435**
**84,361**
**85,796**
**28,865**
**41,770**
**70,635**|Total
2020
£|
|---|---|---|---|---|
|||||704
19,946
22,422
41|
|||||43,113|
|||||2,038
41,731|
|||||43,769|
|||||( 656 )
42,426|
|||||41,770|
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
The notes on pages 9 to 18 form an integral part of these accounts.
7
Charity Number 519477 Company Number 01862258
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **BALANCE SHEET**
As at 31 March 2021
|**Fixed assets**
Tangible assets
17
**_Total fixed assets_**
**Current assets**
Debtors
18
Cash at bank and in hand
19
**_Total current assets_**
**Creditors:**amounts falling due within
one year
20
**_Net current assets_**
**_Total net assets or liabilities_**
**Funds of the charity**
Unrestricted income funds
Restricted income funds
**_Total funds_**
Notes|**£**
-
58,236
**58,236**
**( 732 )**|**Total**
**2021**
**£**
13,131
**13,131**
**57,504**
**70,635**
23,325
47,310
**70,635**|**£**
120
26,640
**26,760**
**( 732 )**|**Total**
**2020**
**£**|
|---|---|---|---|---|
|||||15,742|
|||||**15,742**
**26,028**|
|||||**41,770**|
|||||27,877
13,893|
|||||**41,770**|
The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
The notes on pages 9 to 18 form an integral part of these accounts.
These financial statements were approved by the Board on:
13.12.2021
and are signed on its behalf by: E A Robinson Chair
8
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## 1 **Accounting Policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## 2 **Basis of accounting**
## 2.1 **Basis of preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with 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) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Throckley Community Hall Limited meets the definition of a public benefit entity under FRS 102.
## 2.2 **Preparation of the accounts on a going concern basis**
The charity reported total unrestricted funds at the year end of £23,325 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 6 months is secure and that on this basis the charity is a going concern.
Due to the COVID-19 pandemic, it has put pressure on all businesses in 2020-21. It should be noted that the debtors have been received and the creditors are being paid when the payments are falling due. No other significant events affecting the Company since the year end.
## 3 **Income**
## 3.1 **Recognition of income**
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
## 3.2 **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
## 3.3 **Grants and donations**
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
9
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## 3.4 **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## 3.5 **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the
## 4 **Expenditure and liabilities**
## 4.1 **Liability recognition**
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 4.2 **Charitable activities**
Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.
## 4.3 **Governance and support costs**
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## 4.4 **Irrecoverable VAT**
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 4.5 **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 4.6 **Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
10
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## 5 **Assets**
## 5.1 **Tangible fixed assets for use by the charity**
Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis, the charity does not currently have any tangible fixed
Land and Building 5% Straight line Fixtures and fittings 25% Reducing balance Plant and machinery 25% Reducing balance Computer equipment 25% Reducing balance
11
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## **Analysis of income**
|6
7
8
9|**Donations and legacies**
**Charitable activities**
Income from grants
Surestart
**Other trading activities**
Fundraising events
Trips
**Income from investments**
Donations and gifts
Other
Foyle Foundation
LGA Foundation
Neighbourly Fund
VRU Police
Newcastle City Council - Covid-19
Northumbria Police - Youth Fund
Newcastle City Council
YHN - Community Investment Fund
Bank's Community Fund
Big Lottery Fund
Ballinger Trust
Mindful therapies
Willian Trust
DEFRA
Community Foundation
Youth Club
Newcastle City Council - 4P's
Newcastle City Council - repairs
Allen Lane Foundation
Room hire
Bank interest|Unrestricted
Funds
£
120
192
312
-
-
-
400
-
5,000
-
35,914
-
-
-
-
1,123
12,365
-
270
-
900
-
-
55,972
799
671
-
1,470
8
8|Restricted
Funds
£
612
-
612
500
7,395
11,768
-
500
-
3,775
-
-
7,920
-
15,030
-
-
-
1,494
-
-
-
7,905
56,287
-
-
-
-
-
-|**Total**
**2021**
**£**
**732**
**192**
**924**
**500**
**7,395**
**11,768**
**400**
**500**
**5,000**
**3,775**
**35,914**
**-**
**7,920**
**-**
**15,030**
**1,123**
**12,365**
**-**
**1,764**
**-**
**900**
**-**
**7,905**
**112,259**
**799**
**671**
**-**
**1,470**
**8**
**8**|Total
2020
£|
|---|---|---|---|---|---|
||||||-
704|
||||||704|
||||||-
-
-
-
-
-
-
-
23
-
710
-
4,810
-
400
573
1,000
-
8,000
4,430|
||||||19,946|
||||||15,592
6,790
40|
||||||22,422|
||||||41|
||||||41|
Income was £114,661 (2020: £43,121) of which £57,762 was unrestricted or designated (2020: £21,060) and £56,899 was restricted (2020: £22,061)
12
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## **Analysis of expenditure on charitable activities**
|10
11|**_Raising funds_**
**_Charitable activities_**
Direct costs
Support costs
Governance costs
Covid-19 food parcels
Play in Newcastle
Licences
Wages
Trips
Fundraising costs
Memberships
Covid-19 expenses
Repairs and renewals
Craft Club
Disco
Refreshments
Telephones and internet
Light and heat
Business rates
Independent examiner's fees for reporting on
the accounts
Light exercise
Water
Cleaning
Depreciation
Other expenses
Bank charges
Insurance
Office consumables
Security
Gardeners
Cuppa life
Parent and toddler
NE Youth|Unrestricted
Funds
£
-
514
865
56
1,435
-
26,398
-
14,486
-
-
160
844
-
-
-
952
481
724
1,741
3,906
-
730
1,441
-
3,758
4,010
393
780
75
60,879|Restricted
Funds
£
-
-
-
-
-
12,301
5,432
117
1,466
-
-
-
160
1,534
-
-
-
-
-
-
-
-
-
-
197
2,275
-
-
-
-
23,482|**Total**
**2021**
**£**
**-**
**514**
**865**
**56**
**1,435**
**12,301**
**31,830**
**117**
**15,952**
**-**
**-**
**160**
**1,004**
**1,534**
**-**
**-**
**952**
**481**
**724**
**1,741**
**3,906**
**-**
**730**
**1,441**
**197**
**6,033**
**4,010**
**393**
**780**
**75**
**84,361**|Total
2020
£|
|---|---|---|---|---|---|
||||||1,520
498
-
20|
||||||2,038|
||||||10,869
-
-
5,140
99
75
887
533
720
1,277
140
1,040
550
769
677
5,541
124
606
402
-
4,347
3,976
3,167
732
60|
||||||41,731|
Expenditure on charitable activities was £85,796 (2020: £43,777) of which £62,314 was unrestricted or designated (2020: £24,729) and £23,482 was restricted (2020: £19,048)
13
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## 12 **Fees for examination of the accounts**
|Independent examiner's fees for reporting on the accounts|**2021**
**£**
**780**
**780**|2020
£|
|---|---|---|
|||732|
|||732|
## 13 **Analysis of staff costs and the cost of key management personnel**
|Salaries and wages|**2021**
**£**
**12,301**
**12,301**|2020
£|
|---|---|---|
|||10,869|
|||10,869|
No employee received remuneration above £60,000 (2020: nil)
The key management personnel of the charity, comprise the trustees and Community/Research Administrator . The total employee benefits of the key management personnel of the charity were £12,301 (2020: £10,869).
## 14 **Staff numbers**
The average monthly head count was 1 staff (2020: 1 staff) and the average monthly number of full-time equivalent employees during the year were as follows:
|The parts of the charity in which the employee's work
Charitable activities|**2021**
**Number**
**1.0**
**1.0**|2020
Number|
|---|---|---|
|||1.0|
|||1.0|
## 15 **Transactions with trustees**
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
## **Trustees' expenses**
No trustee expenses have been incurred in the year.
## **Transaction(s) with related parties**
The following detail the related party transactions in the reporting period.
|Related party
Description
of the
transaction
S Mitchell
Husband of
Community
Research
Administrator
Building
Services
Relationship
to charity|**Amount**
**£**
2,058|**Balance at**
**period end**
**£**
**2,058**|**Amounts**
**written off**
**£**|
|---|---|---|---|
||||-|
14
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## 16 **Corporation Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
|**Land and**
**Fixture,**
17 **Tangible fixed assets**
**building**
**fittings and**
**£**
**£**
**Cost**
Balance brought forward
71,723
9,050
Additions
-
-
Disposals
-
-
**Balance carried forward**
71,723
9,050
**Depreciation**
Basis
SL
RB
Rate
5%
25%
Balance brought forward
59,759
6,801
Depreciation charge for year
2,716
562
Disposals
-
-
**Balance carried forward**
62,475
7,363
**Net book value**
**Brought forward**
11,964
2,249
**Carried forward**
9,248
1,687
18 **Debtors and prepayments (receivable within 1 year)**
19
Short term deposits
Cash at bank
Cash in hand
**Cash at bank and in hand**
Debtors|**Plant and**
**Machinery**
**£**
23,828
-
-
23,828
RB
25%
22,471
339
-
22,810
1,357
1,018
**2021**
**£**
**-**
**-**
**2021**
**£**
**6,671**
**51,561**
**4**
**58,236**|**Computer**
**equipment**
**£**
919
1,399
-
2,318
RB
25%
747
393
-
1,140
172
1,178
2020
£
120
120
2020
£
6,684
19,952
4
26,640|**Total**
**£**|
|---|---|---|---|
||||**105,520**
**1,399**
**-**|
||||**106,919**|
||||**89,778**
**4,010**
**-**|
||||**93,788**|
|||||
||||**15,742**|
|||||
||||**13,131**|
|||||
15
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## 20 **Creditors and accruals (payable within 1 year)**
|**reditors and accruals (payable within 1 year)**|||
|---|---|---|
|Accruals
Independent examination of accounts|**2021**
**£**
**732**
**732**|2020
£|
|||732|
|||732|
## 21 **Events after the end of the reporting period**
Due to the COVID-19 pandemic, it has put pressure on all businesses in 2020-21. It should be noted that the debtors have been received and the creditors are being paid when the payments are falling due. No other significant events affecting the Company since the year end.
## 22 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds**
|**Unrestricted funds**
General unrestricted fund
Designated funds
Repairs and maintenance
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
11,735
16,142
27,877|**Incoming**
**resources**
£
57,762
-
57,762|**Resources**
**expended**
£
( 62,314 )
-
(62,314)|**Transfers**
£
3,758
( 3,758 )
-|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|
||||||**10,941**
**12,384**|
||||||**23,325**|
## **Purpose of unrestricted funds**
General unrestricted fund The 'free reserves' of the charity Repairs and maintenance Repairs and maintenance of the property.
## **Analysis of movement in restricted funds**
|**Restricted funds**
NE Youth
4Ps
Garden project
Youth Steering
Youth Steering Council Funding
Wednesday bingo savings
Xmas tree
Craft Club
Playinnewcastle
Cuppa Life
Balance carried forward|**Fund**
**balances**
**brought**
**forward**
£
3,494
1,488
479
1,500
2,749
233
531
293
1,466
1,660
13,893|**Incoming**
**resources**
£
27,083
-
1,706
-
-
-
-
-
-
-
28,789|**Resources**
**expended**
£
( 117 )
-
( 160 )
-
-
-
-
-
( 1,466 )
(1,534)
( 3,277 )|**Transfers**
£
-
-
-
-
-
-
-
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|
||||||**30,460**
**1,488**
**2,025**
**1,500**
**2,749**
**233**
**531**
**293**
**-**
**126**|
||||||**39,405**|
16
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
|**Restricted funds**
Balance brought forward
Covid-19 Funding
Juniors activities
Roof repairs
Food parcels
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
13,893
-
-
-
-
13,893|**Incoming**
**resources**
£
28,789
15,030
7,905
2,275
2,900
56,899|**Resources**
**expended**
£
( 3,277 )
( 15,030 )
-
( 2,275 )
( 2,900 )
(23,482)|**Transfers**
£
-
-
-
-
-
-|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|
||||||**39,405**
**-**
**7,905**
**-**
**-**|
||||||**47,310**|
## **Purpose of restricted funds**
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
Grants received to fund the hiring of the hall and Youth Team club sessions.
NE Youth
|NE Youth|Grants received to fund the hiring of the hall and Youth Te
sessions.|
|---|---|
|4Ps|Grants to improve intergeneration and bridging the gap be|
||and older people of the community.|
|Garden project|To purchase garden equipment and stock.|
|Youth Steering|Forum for anti-social and youth projects in the community.|
|Youth Steering Council Funding|Forum for anti-social and youth projects in the community.|
|Wednesday bingo savings|Accumulated savings for Bingo fund.|
|Xmas tree|For the purchase of Xmas decorations.|
|Craft Club|Accumulated savings for the Craft Club fund.|
|Playinnewcastle|Funds for the Junior and Senior Youth Clubs.|
|Cuppa Life|Funds for the mentoring projects.|
|Covid-19 Funding|Covid-19/wages funding.|
|Juniors activities|Funds for junior activities.|
|Roof repairs|Funds to roof repairs to hall.|
|Food parcels|Funds to costs of food parcels.|
Grants to improve intergeneration and bridging the gap between the young and older people of the community.
## **Transfers between funds**
|**Transfers between funds**||
|---|---|
|Between unrestricted and
designated funds
**Reason for transfer**
Repair and maintenance costs moved to designated funds.|**Amount**
**£**|
||**3,758**|
## 23 **Capital commitments**
As at 31 March 2021, the charity had no capital commitments (2020: £nil)
17
## **THROCKLEY COMMUNITY HALL LIMITED**
(A company limited by guarantee)
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 March 2021
## 24 **Analysis of net assets between funds**
|**nalysis of net assets between funds**|||||
|---|---|---|---|---|
|Other net current assets/(liabilities)
Cash at bank and in hand
Tangible fixed assets|Unrestricted
Funds
£
13,131
10,926
( 732 )
23,325|Restricted
Funds
£
-
47,310
-
47,310|**Total**
**2021**
**£**
**13,131**
**58,236**
**( 732 )**
**70,635**|Total
2020
£|
|||||15,742
26,640
( 612 )|
|||||41,770|
18