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2021-12-31-accounts

THE GUIDE ASSOCIATION - LANCASHIRE EAST

Registered Charity No. 521710

STATEMENT OF FINANCIAL ACTIVITY AND BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2021

Mayes Business Partnership Limited Chartered Certified Accountants 22-28 Willow Street Accrington Lancashire BB5 1LP

THE GUIDE ASSOCIATION - LANCASHIRE EAST

Registered Charity No. 521710

CONTENTS:

THE GUIDE ASSOCIATION - LANCASHIRE EAST

1

EXECUTIVE COMMITTEE & TRUSTEES REPORT

YEAR ENDED 31 DECEMBER 2021

EXECUTIVE COMMITTEE & TRUSTEES
County Commissioner:
Assistant County Commissioner:
County Treasurer:
Membership Support & CRB:
Assistant County Commissioner/Chair of Finance:
Trustees:
Up until 12/09/21:
Barbara Bryan
-
Jill Sutcliffe
Cheryl Lavery
Karen Pashley
Patricia Beesley
Katherine Hodson
Harriet Smith
Division Commissioners:
Alice Mann
Louise Fairhurst
Anne Cooper
Lorraine Hunt
Kathryn Mears
From 12/09/2021:
Patricia Beesley
Ailyn Garley
Lauren Bradshaw
Lynne Atherton
Karen Pashley
Christine Barnes
Florence Bushby
Emma Tranter
Katie Ward
Anne Cooper
Nicola Smith
Nicola Price
Susan Godden

The Executive Committee present their report and accounts of the Association for the year ended 31 December 2021.

OBJECTIVES AND ACTIVITIES - PURPOSE

To promote the education of girls and young women to help them develop emotionally, mentally, physically and spiritually so they can make a positive contribution to their community and the wider world.

STATEMENT OF EXECUTIVE COMMITTEE'S RESPONSIBILITIES

Charity Law requires the Executive Committee to prepare accounts for each financial year. In preparing those accounts the Executive Committee are required to:

i) select suitable accounting policies and then apply them consistently, making judgements and estimates that are reasonable and prudent: ii) prepare the accounts on the going concern basis unless it is not appropriate to presume that the Association will continue to operate.

The Executive Committee are responsible for keeping proper accounting records to disclose with reasonable accuracy at any time the financial position of the Association and to enable them to ensure that the accounts comply with the Charities Acts 2011.

INVESTMENTS

The investments are held in the names of the Executive Committee on behalf of The Guide Association - Lancashire East and are recorded at their current market value. The historic cost of the investment was £72,245 (2020: £72,245).

APPROVAL

This report was approved by the Executive Committee on 15 June 2022 and signed on their behalf.

Patricia Beesley

County Commissioner:

THE GUIDE ASSOCIATION - LANCASHIRE EAST

2

INDEPENDENT EXAMINER'S REPORT TO THE EXECUTIVE COMMITTEE AND TRUSTEES

YEAR ENDED 31 DECEMBER 2021

We report on the accounts of the Association for the year ended 31 December 2021 which comprise the statement of Financial Activities and the Balance Sheet set out on pages 3 and 4.

This report is made solely to the trustees in accordance with Section 145 of the Charities Act 2011. Our work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Independent Examiner's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees for our examination work.

Respective responsibilities of the Executive Committee and examiner

The Association's Executive Committee are responsible for the preparation of the accounts. They 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.

It is our responsibility to:

i) Examine the accounts (under Section 145 of the Charities Act 2011); ii) To follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145(5)(b) of the Charities Act); and

iii) To state whether particular matters have come to our attention.

Basis of Independent Examiner's report

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Association 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 you as the Executive Committee and trustee's 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 in those matters set out in the statement below.

Independent Examiner's statement

In connection with our examination, no matter has come to our attention:

(1) which gives us reasonable cause to believe that in, any material respect, the requirements:

(a) to keep accounting records in accordance with Section 386 of the Charities Act 2006; and (b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or

(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mayes Business Partnership Limited Chartered Certified Accountants 22-28 Willow Street Accrington Lancashire BB5 1LP

Date: 15 June 2022

THE GUIDE ASSOCIATION - LANCASHIRE EAST

3

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2021

INCOME
Membership Subscriptions
Training Resources
Misc Income
Donation
RECEIPTS IN RESPECT OF EVENTS & TRAINING
Adults:
Training and development
Girl Events:
All age groups
5-7
7-10
10+
14+
INVESTMENT INCOME
M & G Charifund
Bank interest
TOTAL INCOME - UNRESTRICTED FUNDS
INCOME
Donation - Hyndburn Division
TOTAL INCOME - RESTRICTED FUNDS
TOTAL INCOME - ALL FUNDS
EXPENDITURE
Membership Subscriptions
Telephone, Travelling and General Expenses
Admin Support
Printing, Stationery and Postage
Grants and Sponsorship
Insurance
Accountancy
EVENTS AND TRAINING
Adults:
Leadership
Training, Meetings &
Development
Girl Events:
All age groups
5-7
7-10
10+
14+
TOTAL EXPENDITURE - UNRESTRICTED FUNDS
RESTRICTED FUNDS:
EXCESS OF INCOME OVER EXPENDITURE:
EXCESS OF (EXPENDITURE OVER INCOME)
/INCOME OVER EXPENDITURE IN UNRESTRICTED FUNDS
EXCESS OF (EXPENDITURE OVER INCOME)
/INCOME OVER EXPENDITURE IN ALL FUNDS
£
£
2,492
2,511
578
3,279
8,860
932
6,327
-
-
-
20,474
27,733
3,971
258
4,229
40,822
191
191
41,013
5,298
4,870
3,383
123
(250)
732
810
14,966
8,265
6,408
14,541
-
108
-
12,379
41,701
56,667
(15,845)
191
(15,654)
2021
£
£
25,032
338
92
5,686
2020
£
£
25,032
338
92
5,686
2020
9,496
-
-
-
21,071
7,593
31,148
3,694
417
38,160
2,462
2,672
2,395
171
250
711
780
4,111
73,419
-
-
73,419
8,265
6,408
14,541
-
108
-
12,379
4,538
9,247
3,818
-
-
6,402
14,498
9,441
38,503
47,944
25,475
-
25,475

THE GUIDE ASSOCIATION - LANCASHIRE EAST

4

BALANCE SHEET

YEAR ENDED 31 DECEMBER 2021

ASSETS
INVESTMENTS
5,083 Units M&G Charifund
10,000 Units Blackrock FM
23,000 Units Schroder
CASH AND BANK ACCOUNTS
Community Account
Cash at Stockbrokers
Petty Cash
Nationwide Savings Account - 90141091
Nationwide Savings Account - 90141105
CURRENT ASSETS
Stock
Debtors
Accrued interest
Prepaid event deposits
TOTAL ASSETS
LESS: LIABILITIES
Trade Creditors
LESS: PROVISIONS FOR LIABILITIES AND CHARGES
Market value adjustment for investments
NET ASSETS
REPRESENTED BY:
Unrestricted Capital Fund
Brought Forward
Excess of (Expenditure over Income)/
Income over Expenditure
Carried Forward
RESTRICTED FUNDS:
CURRENT ASSETS:
Community Account
RESTRICTED FUNDS CARRIED FORWARDS
ALL NET ASSETS
ALL FUNDS
£
£
79,102
12,145
19,906
111,153
29,079
13,445
433
40,568
40,395
123,920
3,155
368
182
720
4,425
239,498
4,838
38,908
195,752
211,597
(15,845)
195,752
191
191
195,943
195,943
2021
£
£
69,768
11,175
21,003
2020
£
£
69,768
11,175
21,003
2020
29,079
13,445
433
40,568
40,395
47,865
9,474
232
40,398
40,307
101,946
3,155
368
182
720
1,802
-
182
-
138,276
1,984
242,206
908
29,701
211,597
186,122
25,475
211,597
-
-
211,597
211,597