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2021-03-31-accounts

Contents Pacae
Legal and Administrative Details
Trustees'
Report
2-4
Independent
Examiner's
Report
Statement
of Financial
Activities
Balance Sheet
Notes to the Accounts 8-10

TRUSTEES J Foster
D Ledger
L Moffat
R Monaghan
J MacDonald
A Rowe
G Huntley
(Appointed
28/2/2021)
M Secombe (Appointed 13/4/2021)
SECRETARY / TREASURER D Nicholson
SCHEME ADDRESS East View
Stakeford
Choppington
NE62 5UD
BANKERS Co-operative Bank pic
Olympic
House
6 Olympic Court
Montford Street
Salford
Manchester
M5 2QP
INDEPENDENT EXAMINER J Wallage
FCA
CISWO (Trading) Ltd
The Old Rectory
Rectory Drive
Whiston
Rotherham
S604JG

Unrestricted Funds
2021 2020
Note f E
Income and Endowments
Funds generated
from
commercial operations 17,969 16,640
Members
subscriptions
39 377
Room hire 664 19,054
Office Rental 9,707
Income from activities 2,002 13,300
Grants received 250 8,500
Other sundry
income
15,000 137
Job Retention Scheme 9,762
TOTAL INCOME 55,393 58,008
Less: Cost of generating funds from commercial operations 2 (12,645) (22,023)
Net income available for charitable application 42,748 35,985
~Ex enditure
Direct Charitable
Ex enditure
Wages including
on costs
18,605 18,600
Utilities 6,923 9,942
Ground
rent
89 89
Insurance 3,863 3,828
Maintenance
and sundries
9,885 5,790
Cleaning
and hygiene
1,427 2,121
Depreciation 2,121 1,022
Telephone 389 364
43,302 41,756
Governance
costs
Legal and professional 666 1,655
Accountancy 615 600
TOTAL CHARITABLE EXPENDITURE 44,583 44,011
Total Expenditure 57,228 66,034
Net Movement
in Funds
(1,835) (8,026)
Fund balances
brought
forward 673,256 681,282
Fund balances carried forward 671,421 673,256
2021 212200
FIXED
ETS
Tangible fixed assets 675,791 677,912
Stocks
Debtors and prepayments
Cash at bank and in hand
4,311
15,201
4,789
4,228
LE:
RENT UABILITIES
19,512 9,017
Creditors falling due within one year 6 (16,322) (4,493)
Net Current Assets 3,190 4,524
TOTAL ASSETSLESSCURRENT LIABILITIES 678,981 682,436
LESS:LONG TERNI UABILITIES
Creditor falling due after more than one year 7 (7,560) (9,180)
TOTAL NET ASSETS 671,421 673,256
FUNDS
Unrestricted
Funds
671421 673256

Tangible
Fixed Assets
Tangible fixed assets are depreciated at rates calculated to write off the cost less estimated
residual
value ofeach asset over its
expected useful life at the following
annual
rates:
Construction
and adaption
of building Not depreciated
Fencing Not depreciated
Refurbishment
project
Not depreciated
Levelling
and laying of grounds
Not depreciated
Multi Use Games Area 4% straight
line basis
Furniture,
equipment
and
fittings 15%reducing
balance basis

2021 2020
2. TRADING ACCOUNT
Bar income 1,601 9,012
Less: Cost ofSales
Opening
stock
1,000
Bar purchases
net ofdiscount
534 4,898
534 5,898
Less: Closing stock
(534) (5,898)
GROSS PROFIT 1,067 3,114
Other income
Bingo 623 3,191
Raffles 394 2,191
Snooker 383 2,246
Government
COVID Grants
12,969
Job Retention Scheme 1,999
16,368 7,628
Less: Ex enditure
Wages including on costs 3,905 6,877
Bar and entertainment licences 377
Utilities 2,967 4,261
Cleaning
and hygiene
612 909
Stocktaking 150
Printing,
postage
and stationery 1,012
Cellar supplies 28
Telephone 167 156
Repairs and maintenance 4,226 2,355
Sundry Expenses 234
(12,111) (16,125)
NET PROFIT I(LOSS) ON TRADING 5,324 (5,383)

Broucrht Additions Additions ~De reciation Carried
3. TANGIBLE FIXEDASSETS Forward ~tn ear Charrie Forward
(At Net Book Value)
Construction
and adaption
of building 104,297 104,297
Fencing 11,379 11,379
Refurbishment project 523,519 523,519
Levelling
and laying ofgrounds
1,622 1,622
Multi Use Games Area 31,302 (1,252) 30,050
Furniture,
equipment
and fittings 5,793 (869) 4,924
At 31 March 2021 677,912 (2,121) 675,791
2021 2020
4. STOCKS
Bar stocks for resale
5. DEBTORS
Trade debtors 1,146 1,881
Prepayments 3,165 2,908
4,311 4,789
6. CREDITORS: Amounts fallin due within one
ear
Accruals 2,037 2,873
Loan - NEAMSWTF 1,620 1,620
Other Creditors 12,665
16,322 4,493
7. CREDITORS: Amounts fallin due after more than one ear
Loan 7,560 9,180