Pensnett and District Community Association Finance Report 2021
Dear all,
As you can see from the Annual Accounts, we are £9132 in profit for the financial year 2021.
Comparisons with 2020 accounts show a £6350 increase in profit due to ending of COVID Lockdown.
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Fundraising up from £1140 to £1265, only a slight increase due to lack of opportunity due to Covid.
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Weekly Room hire income up by £1000
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Stay and Play income up slightly from £87.00. Again due to covid measures.
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Occasional bookings (Party Hire) up by nearly £500
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Gas/Electric bills down by £966
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Telephone up slightly by 30p.
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Insurance up by 23p
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Salaries for 2021 were £7970 which is an increase of £1875. This increase is due to the fact that in 2020 we were without a cleaner for part of the year.
The overall profit for 2021 is £9132 which we would not have if we had not secured a £17,147 grant from the government to help with starting back up after covid. We purchased screens for the public safety, stickers for the hall floor and we used some of the funding to get the grass cut, plants and bushes cut back and the grounds cleared of weeds and rubbish.
Elaine Blakeway
Committee Secretary
PENSNETT & DISTRICT COMMUNITY ASSOCIATION
REGISTERED CHARITY NUMBER 522618
ACCOUNTS
FOR THE YEAR ENDED 31[ST] DECEMBER 2021
PENSNETT & DISTRICT COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 522618 INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31[ST] DECEMBER 2021
| 2021 | 2021 | 2020 | 2020 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| INCOME | ||||
| Bond Deposits | 600 | 300 | ||
| Hire Charges | 6,916 | 5,930 | ||
| Occasional Bookings | 516 | 24 | ||
| Stay and Play | 1,151 | 590 | ||
| Fund-Raising | 1,265 | 1,140 | ||
| Covid-19 Support | 17,147 | 12,190 | ||
| _____ | 27,595 | _____ | 20,174 | |
| EXPENDITURE | ||||
| Bond Refunds | 700 | 400 | ||
| Water Rates | 2,475 | 2,235 | ||
| Light & Heat | 1,925 | 2,891 | ||
| Telephone | 509 | 487 | ||
| Cleaning & Sanitary Expenses | 738 | 1,158 | ||
| Repairs,Maintenance,Security | 1,498 | 1,910 | ||
| Stationery | 91 | 95 | ||
| Centre Wages | 7,970 | 6,095 | ||
| Stay and Play | 213 | 87 | ||
| Computer Expenses | - | 78 | ||
| Bank/Paypal Charges | - | 9 | ||
| Photocopier Costs | 161 | 401 | ||
| Insurance | 1,051 | 1,028 | ||
| Licences & Subscriptions | 392 | 344 | ||
| Independent Examiner’s Fees | 300 | - | ||
| Covid-19 Resources | 440 | 174 | ||
| _____ | 18,463 | _____ | 17,392 | |
| ______ | ______ | |||
| SURPLUS FOR THE YEAR | 9,132 | 2,782 | ||
| ______ | ______ |
PENSNETT & DISTRICT COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 522618 STATEMENT OF ASSETS AND LIABILITIES AS AT 31[ST] DECEMBER 2021
----- Start of picture text -----
2021 2020
CURRENT ASSETS
Bank Current Account 36,913 27,781
Paypal Account 4 4
_
NET ASSETS 36,917 27,785
_
Represented by:
Income & Expenditure Account:
Balance at 31 [st] December 2020 27,785 25,003
Surplus for the Year 9,132 2,782
36,917 27,785
_ ___
----- End of picture text -----
Approved by the Committee on 26[th] May 2022 and signed on their behalf.
…………………………………………
PENSNETT & DISTRICT COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 522618
Independent Examiner’s Report
I report on the attached accounts of Pensnett & District Community Association for the year ended 31[st] December 2021.
Respective responsibilities of trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts; you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the 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 you as 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 matter has come to my attention:
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the requirements
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
G. M. JONES ACCOUNTANT DUDLEY CVS 7 ALBION STREET BRIERLEY HILL DY5 3EE
26[TH] MAY 2022
PENSNETT & DISTRICT COMMUNITY ASSOCIATION
REGISTERED CHARITY NUMBER 522618
ACCOUNTS
FOR THE YEAR ENDED 31[ST] DECEMBER 2021
PENSNETT & DISTRICT COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 522618 INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31[ST] DECEMBER 2021
| 2021 | 2021 | 2020 | 2020 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| INCOME | ||||
| Bond Deposits | 600 | 300 | ||
| Hire Charges | 6,916 | 5,930 | ||
| Occasional Bookings | 516 | 24 | ||
| Stay and Play | 1,151 | 590 | ||
| Fund-Raising | 1,265 | 1,140 | ||
| Covid-19 Support | 17,147 | 12,190 | ||
| _____ | 27,595 | _____ | 20,174 | |
| EXPENDITURE | ||||
| Bond Refunds | 700 | 400 | ||
| Water Rates | 2,475 | 2,235 | ||
| Light & Heat | 1,925 | 2,891 | ||
| Telephone | 509 | 487 | ||
| Cleaning & Sanitary Expenses | 738 | 1,158 | ||
| Repairs,Maintenance,Security | 1,498 | 1,910 | ||
| Stationery | 91 | 95 | ||
| Centre Wages | 7,970 | 6,095 | ||
| Stay and Play | 213 | 87 | ||
| Computer Expenses | - | 78 | ||
| Bank/Paypal Charges | - | 9 | ||
| Photocopier Costs | 161 | 401 | ||
| Insurance | 1,051 | 1,028 | ||
| Licences & Subscriptions | 392 | 344 | ||
| Independent Examiner’s Fees | 300 | - | ||
| Covid-19 Resources | 440 | 174 | ||
| _____ | 18,463 | _____ | 17,392 | |
| ______ | ______ | |||
| SURPLUS FOR THE YEAR | 9,132 | 2,782 | ||
| ______ | ______ |
PENSNETT & DISTRICT COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 522618 STATEMENT OF ASSETS AND LIABILITIES AS AT 31[ST] DECEMBER 2021
----- Start of picture text -----
2021 2020
CURRENT ASSETS
Bank Current Account 36,913 27,781
Paypal Account 4 4
_
NET ASSETS 36,917 27,785
_
Represented by:
Income & Expenditure Account:
Balance at 31 [st] December 2020 27,785 25,003
Surplus for the Year 9,132 2,782
36,917 27,785
_ ___
----- End of picture text -----
Approved by the Committee on 26[th] May 2022 and signed on their behalf.
…………………………………………
PENSNETT & DISTRICT COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 522618
Independent Examiner’s Report
I report on the attached accounts of Pensnett & District Community Association for the year ended 31[st] December 2021.
Respective responsibilities of trustees and examiner
As the charity’s trustees you are responsible for the preparation of the accounts; you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the 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 you as 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 matter has come to my attention:
-
the requirements
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
G. M. JONES ACCOUNTANT DUDLEY CVS 7 ALBION STREET BRIERLEY HILL DY5 3EE
26[TH] MAY 2022