Charity number: 522507 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## UNAUDITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## CRIFTINS PARISH HALL AND PLAYING FIELD |CONTENTS|| |---|---| ||Page| |Reference and Administrative Details of the Charity, its Trustees and Advisers|1| |Trustees' Report|2 - 4| |Independent Examiner's Report|5 - 6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Financial Statements|9 - 19| ## CRIFTINS PARISH HALL AND PLAYING FIELD REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2021 |Trustees|J. A. Chapman, Chair/Treasurer| |---|---| ||A. Unsworth, Vice Chair (appointed 17 November 2020)| ||J Baker (resigned 17 November 2020)| ||S. Balmer (appointed 17 November 2020, resigned 25 November 2020)| ||A. Craven (appointed 17 November 2020)| ||S. Davenport| ||J Driskell (resigned 17 November 2020)| ||K Egerton (resigned 17 November 2020)| ||C Jones (resigned 17 November 2020)| ||P. Jones (appointed 17 November 2020, resigned 30 March 2021)| ||R. Jones| ||S Kelly (resigned 15 July 2021)| ||B Sobczak (resigned 17 November 2020)| ||P. Taylor (appointed 4 May 2021)| ||I Ward (resigned 17 November 2020)| |Charity registered
number

Principal office





Accountants






|522507
Criftins Parish Hall
Dudleston Heath
Ellesmere
Shropshire
SY12 9LE
WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG| Page 1 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2021 The Trustees present their annual report together with the financial statements of the Charity for the year 1 September 2020 to 31 August 2021. ## Objectives and activities ## a. Policies and objectives The objectives of Criftins Parish Hall are to provide a village hall for the use of the inhabitants of the Ecclesiastical Parish of Criftins and neighbourhood without distinction of sex or of polical, religious or other opinions. The Hall will be for particular use for meetings, lectures and classes, and for other forms of recreation and leisure time occupation with the object of improving the conditions of life of the said inhabitants. The playing field must be retained by the Committee for use as a recreational ground or playing field for the use of the inhabitants. The hall is regularly used by a number of clubs – senior citizens, whist, bingo, zumba and WI, and is available for private functions, such as birthday parties and wakes. All pay a modest fee for the use of the hall. The allotments are in use throughout the year, whilst bowls and tennis are played in spring and summer. The playing field must be retained by the Committee for use as a recreational ground or playing field for the use of the inhabitants. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity PB2)’ ## Achievements and performance ## a. Review of activities The new committee of trustees took over in the middle of lockdown. During a brief window when the restrictions were lifted we were able to host a free Christmas lunch for volunteers and local supporters. The next four months, whilst the hall was closed, were spent carrying out internal repairs and decoration, an asbestos survey was carried out, and the building was prepared for reopening under Covid restrictions. It became clear early on that we would need to plan for the roof to be replaced in its entirety, and a lot of the spring was taken up with gathering quotations from roofing contractors. The trustees eventually decided to hire a local contractor and begin the process of seeking grant funding of £75,000 from the Big Lottery Fund. The result will be known in mid-December, and if our bid is successful, the work will commence in Spring 2022. From May 2021 onwards regular activities began to return; the bar was re-opened and regular hirings recommenced. In late May we organised our first ever car boot sale and in July we held a summer fair which attracted a lot of local support. Two food nights were held, and a monthly quiz night has been started. During this whole period we benefitted from Covid Support Grants totalling almost £18,000. Page 2 ## CRIFTINS PARISH HALL AND PLAYING FIELD TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 ## Achievements and performance (continued) Our decision to have a dog-friendly policy in the hall bar has highlighted our community-centred focus and we are beginning to attract new customers and hirers. There has been a considerable outlay to replace hall equipment that was missing, but savings have been achieved by careful monitoring of outgoings. Future plans include the provision of suitable disabled and baby-changing facilities, refurbishment of the bowls lounge, and reinstatement of shower and toilet facilities for large-scale external events, e.g. festivals. One of our trustees is investigating the possibility of regular youth events, and we are actively looking for ways to increase use of the playing field, once drainage works have been carried out. A budgetary sub-committee will meet in Nov 2021 to examine ways to increase our income streams and ensure that our fixed assets (e.g. our high-grade kitchen, currently underused) bring a good return on investment. A great deal has been achieved with a small number of committed and enthusiastic trustees and volunteers. We end the year in good spirits, an increased bank balance, and a healthy optimism for the future. ## Financial review ## a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resourced to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. ## b. Reserves policy IIt is the aim of the charity to build up and maintain free reserves to cover the expected expenditure of the charity for a period of six months. At the year end the charity held free reserves of £ 39,232 (2020: £28,865) ## Structure, governance and management ## a. Constitution Criftins Parish Hall and Playing Field is a registered charity, number 522507, and is constituted under a Charity Commission Scheme dated 29 August 2006, which came into effect when Criftins Village Hall (charity no 522507) amalgamated with Criftins Playing Field (charity no 522506). Prior to this amalgamation, the charity was governed by a trust deed dated 31 December 1959, established when Captain Owen transferred land to the village for the objects set out below. ## b. Methods of appointment or election of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Charity Commission Scheme. Page 3 ## CRIFTINS PARISH HALL AND PLAYING FIELD TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 ## Structure, governance and management (continued) ## c. Financial risk management The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. ## Statement of Trustees' responsibilities The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales 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 Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles of the Charities SORP (FRS 102); - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards (FRS 102) 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 business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Charity Commission Scheme. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on their behalf by: J. A. Chapman (Chair of Trustees) Date: Page 4 ## CRIFTINS PARISH HALL AND PLAYING FIELD INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2021 Independent Examiner's Report to the Trustees of Criftins Parish Hall and Playing Field ('the Charity') I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 August 2021. ## Responsibilities and Basis of Report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Page 5 CRIFTINS PARISH HALL AND PLAYING FIELD INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021 ## Independent Examiner's Statement Your attention is drawn to the fact that the Charity has prepared the accounts 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. 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. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed: Dated: 14 June 2022 S J Tweedie BSc FCA DCha WR Partners Belmont House Shrewsbury Business Park Shrewsbury SY2 6LG Page 6 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021 |Note
Income and endowments from:
Donations and legacies
3
Other trading activities
4
Investments
5
Total income and endowments
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward|Endowment
funds
2021
£
-
-
-
-
-
2,775
2,775
(2,775)
95,082
(2,775)
92,307|Unrestricted
funds
2021
£
18,054
24,630
111
42,795
11,293
28,339
39,632
3,163
57,678
3,163
60,841|Total
funds
2021
£
18,054
24,630
111
42,795
11,293
31,114
42,407
388
152,760
388
153,148|Total
funds
2020
£
16,195
35,341
85
51,621| |---|---|---|---|---| |||||14,566
32,520
47,086| |||||4,535| |||||148,225
4,535
152,760| The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 to 19 form part of these financial statements. Page 7 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## BALANCE SHEET AS AT 31 AUGUST 2021 |Note
Fixed assets
Tangible assets
11
Current assets
Stocks
12
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Endowment funds
15
Restricted funds
15
Unrestricted funds
15
Total funds|2,129
3,749
35,015
40,893
(1,661)|2021
£
113,916
113,916
39,232
153,148
153,148
153,148
92,307
-
60,841
153,148|600
1,006
28,094
29,700
(835)|2020
£
123,895| |---|---|---|---|---| |||||123,895
28,865| |||||152,760| |||||152,760| |||||152,760| |||||95,082
-
57,678| |||||152,760| The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: J. A. Chapman Date: The notes on pages 9 to 19 form part of these financial statements. Page 8 CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 1. General information The objectives of Criftins Village Hall are to provide a village hall for the use of inhabitants of the Ecdesiastical Parish of Criftins and neighbourhood without distinction of sex or of political, religious or other opinions. Criftins Parish Hall And Playing Field is a registered charity, number 5522507, and is constituted under a Charity Commission Scheme dated 29 August 2006, which came into effect when Criftins Village Hall (Charity number: 522507) amalgamated with Criftins Playing Field (Charity number: 522506). ## 2. Accounting policies ## 2.1 Basis of preparation of financial statements The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Crittins Parish Hall and Playing Field meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## 2.2 Going concern After making enquiries the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the forseeable future. The Charity therefore continues to adopt the going concern basis in preparing its financial statements. The Trustees have also assessed the potential impact on the future operations of the Charity with regard to the Covid-19 outbreak. The Charity is considered to be well positioned given the current environment with no impact on the going concern basis of the financial statements. ## 2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 9 ## CRIFTINS PARISH HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 2. Accounting policies (continued) ## 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## 2.5 Government grants Government Covid support grants have been treated as other income for the purpose of these accounts. ## 2.6 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 institution with whom the funds are deposited. ## 2.7 Tangible fixed assets and depreciation Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, . Depreciation is provided on the following basis: |Freehold property|-|2% straight line| |---|---|---| |Plant and machinery|-|25% reducing balance| |Other fixed assets|-|25% reducing balance| ## 2.8 Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Page 10 CRIFTINS PARISH HALL AND PLAYING FIELD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 2. Accounting policies (continued) ## 2.9 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## 2.10 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## 2.11 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. ## 2.12 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## 2.13 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Endowed funds are assets that are set aside by the restrictions imposed by the donor. Whilst these are unable to be sold or spent, any benefits from the investment or aset can be used by the charity. Investment income, gains and losses are allocated to the appropriate fund. Page 11 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 3. Income from donations and legacies |Unrestricted
funds
2021
£
Donations
123
Grants
500
Government Covid Support Grants
17,431
18,054
Total 2020
16,195
4.
Income from other trading activities
Income from fundraising events|Total
funds
2021
£
123
500
17,431
18,054
16,195|Total
funds
2020
£
3,224
2,471
10,500
16,195| |---|---|---| |||| |Unrestricted
funds
2021
£
Fundraising events
6,722
Bowling club subscriptions, fees and levies
-
Hall hire, Post Office rental and Allotment rental
3,355
Other income
1,659
11,736
Total 2020
15,346|Total
funds
2021
£
6,722
-
3,355
1,659
11,736
15,346|Total
funds
2020
£
5,796
1,328
5,776
2,446
15,346| |---|---|---| |||| Page 12 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 4. Income from other trading activities (continued) Income from non charitable trading activities |Unrestricted
funds
2021
£
Bar Income
12,894
Total 2020
19,995
5.
Investment income
Unrestricted
funds
2021
£
Bank interest
111
Total 2020
85
6.
Expenditure on raising funds
Fundraising trading expenses
Unrestricted
funds
2021
£
Bar expenses
11,293
Total 2020
14,566|Total
funds
2021
£
12,894
19,995
Total
funds
2021
£
111
85
Total
funds
2021
£
11,293
14,566|Total
funds
2020
£
19,995| |---|---|---| |||Total
funds
2020
£
85| |||Total
funds
2020
£
14,566| |||| Page 13 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 7. Analysis of expenditure on charitable activities ## Summary by fund type |Direct costs
Total 2020|Endowment
funds
2021
Unrestricted
funds
2021
£
£
2,775
28,339
2,775
29,745|Total
funds
2021
£
31,114
32,520|Total
funds
2020
£
32,520| |---|---|---|---| ||||| ## 8. Analysis of expenditure by activities |Direct costs
Total 2020|Activities
undertaken
directly
2021
£
31,114
32,520|Total
funds
2021
£
31,114
32,520|Total
funds
2020
£
32,520| |---|---|---|---| ||||| Page 14 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 8. Analysis of expenditure by activities (continued) ## Analysis of direct costs |Depreciation
Cleaning
Lighting, heating and water
General and property insurance
General repairs and maintenance
Bowling club - Fees and league levies
Bowling club - Greens maintenance
200 Club
Event expenditure
Waste
Postage, stationery and sundries
Governance costs
Total 2020|Charitable
Activities
2021
£
9,979
2,240
4,634
1,557
5,159
14
694
2,400
-
212
2,738
1,487
31,114
32,520|Total
funds
2021
£
9,979
2,240
4,634
1,557
5,159
14
694
2,400
-
212
2,738
1,487
31,114
32,520|Total
funds
2020
£
12,379
1,247
4,992
1,453
4,058
450
264
2,400
699
332
1,968
2,278
32,520| |---|---|---|---| ||||| ## 9. Independent examiner's remuneration The independent examiner's remuneration amounts to an independent examiner fee of £1,175 (2020: £1,105). ## 10. Trustees' remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2020 - £NIL). During the year ended 31 August 2021, no Trustee expenses have been incurred (2020 - £NIL). Page 15 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 11. Tangible fixed assets |Cost or valuation
At 1 September 2020
At 31 August 2021
Depreciation
At 1 September 2020
Charge for the year
At 31 August 2021
Net book value
At 31 August 2021
At 31 August 2020|Freehold
property
£
138,725
138,725
43,643
2,775
46,418
92,307
95,082|Plant and
machinery
£
66,194
66,194
39,980
6,554
46,534
19,660
26,214|Other fixed
assets
£
10,952
10,952
8,353
650
9,003
1,949
2,599|Total
£
215,871
215,871| |---|---|---|---|---| |||||91,976
9,979
101,955| |||||113,916| |||||123,895| The original land was purchased for £150 in 1959. Costs for the Village Hall and adjoining buildings have been written off subsequently. In the opinion of the Trustees the current market value of the Village Hall, land and other buildings is £400,000. The accounts reflect the major renovation work. The playing field was originally bequeathed to the charity known as Criftins Playing Field in 1961. This was transferred to Criftins Village Hall and Playing Field on 29 August 2006. In the opinion of the Trustees the current market value of the playing field is £5,000. ## 12. Stocks ||2021|2020| |---|---|---| ||£|£| |Bar stock and consumables|2,129|600| Page 16 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 13. Debtors |Due within one year
Other debtors
14.
Creditors: Amounts falling due within one year
Trade creditors
Accruals and deferred income
15.
Statement of funds
Statement of funds - current year|2021
£
3,749
3,749
2021
£
1,288
373
1,661|2020
£
1,006| |---|---|---| |||1,006| |||2020
£
30
805| |||835| |||| |Statement of funds - current year||||| |---|---|---|---|---| |Unrestricted funds
General Funds - all funds
Endowment funds
Endowment Funds - all funds
Total of funds|Balance at 1
September
2020
£
57,678
95,082
152,760|Income
£
42,795
-
42,795|Expenditure
£
(39,632)
(2,775)
(42,407)|Balance at
31 August
2021
£
60,841| |||||92,307| |||||153,148| Page 17 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 15. Statement of funds (continued) Statement of funds - prior year |Balance at
1 September
2019
£
Unrestricted funds
General Funds
50,368
Endowment funds
Endowment Funds - all funds
97,857
Total of funds
148,225
16.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Tangible fixed assets
Current assets
Creditors due within one year
Difference
Total|Income
£
Expenditure
£
51,621
(44,311)
-
(2,775)
51,621
(47,086)
Endowment
funds
2021
Unrestricted
funds
2021
£
£
92,307
21,609
-
40,893
-
(1,661)
-
-
92,307
60,841|Balance at
31 August
2020
£
57,678
95,082
152,760
Total
funds
2021
£
113,916
40,893
(1,661)
(4)
153,148| |---|---|---| Page 18 ## CRIFTINS PARISH HALL AND PLAYING FIELD ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ## 16. Analysis of net assets between funds (continued) Analysis of net assets between funds - prior year |Tangible fixed assets
Current assets
Creditors due within one year
Total|Endowment
funds
2020
£
95,082
-
-
95,082|Unrestricted
funds
2020
£
28,813
29,700
(835)
57,678|Total
funds
2020
£
123,895
29,700
(835)
152,760| |---|---|---|---| ## 17. Related party transactions The charity has not entered into any related party transactions during the year, nor are there any outstanding balances owing between any related parties and the charity at 31 August 2021. Page 19