2022-03-31-accounts - Foxhill And District Community Association

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Company Registration No. 523608 (England and Wales)

FOXHILL & DISTRICT COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

FOXHILL & DISTRICT COMMUNITY ASSOCIATION ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company infrmation	3
Trustees' report	4
IndependentExaminers report	5
Statement of financial activities	6
Balance Sheet	7
Notes to the accounts	8 -9
Detailed profit and loss account	10
Income resources	11
Refreshment account	12
Repairs	13

FOXHILL & DISTRICT COMMUNITY ASSOCIATION COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2022

Directors Julie Shimelds (Chair) Jackie Price (Treasurer) Marc Shimelds (Secretary) Lily Pitts Steven Blake Carl Shepherd Morgan Mullins Daniel Shimelds Gemma Pattern Andrew Shimelds Company Number 523608 (England and Wales) Registered Office Keats Road Sheffield S61AZ Hart Simpson 28 Terminus Road Accountants Sheffield S7 2LH

Directors

Accountants

FOXHILL & DISTRICT COMMUNITY ASSOCIATION (COMPANY NO: 523608 ENGLAND AND WALES) DIRECTORS' REPORT

The Trustees present their report and accounts for the year ended 31 March 2022.

Trustees

The following Trustees held office during the whole of the period:

Julie Shimelds (Chair) Jackie Price (Treasurer) Marc Shimelds (Secretary) Lily Pitts Carl Shepherd

Principal Activities

The principal activity of the charity in the year was that of a community association.

Structure Governance and Management

The constitution was adopted in October 1965 as amended 22 July 1984 as amended 9 June 2019.

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. The report was approved by the Board of Trustees on 3 May 2022

Julie Shimelds (Chair) Director

-4-

FOXHILL & DISTRICT COMMUNITY ASSOCIATION INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2022

Independent Examiner's Report to the Trustees of Foxhill & District Community Association

We report of the accounts of the Association for the year ended 31 March 2022.

Respective Responsibilities of Trustees and E xaminer

The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for the year under section 144[2] of the Charities Act 2011 [the 2011 Act] and that an independent examination is needed.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

-examine the accounts under section 145 of the 2011 Act;

-follow the procedures laid down in the general Directions given by the Charity Commission under section 145[5][b] of the 2011 Act;

-state whether particular matters have come to my attention.

Basis of Independent E xaminers Statement

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 of 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 E xaminers Statement

In connection with my examination, no matter has come to my attention

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 386 of the Companies Act 2006; and to prepare accounts which accord with accounting records, comply with the accounting requirements of section 296 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities 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

Hart Simpson

28 Terminus Road Sheffield S? 2LH

31 May 2022

FOXHILL & DISTRICT COMMUNITY ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022

	2022	2021
	£	£
Income from charitable activities	67,414	21,199
Expenses on charitable activities	(75,022)	(53,053)
Other income	3,357	37,153
Net(Loss)/Gain	(4,251)	5,299
{Loss)/profit for the financial year	(4,251)	5,299
Total funds at the start of the year	61,616	56,317
(Loss)/profit fr the financial year	(4,251)	5,299
Net funds carried forward	57,365	61,616

FOXHILL & DISTRICT COMMUNITY ASSOCIATION BALANCE SHEET AS AT 31 MARCH 2022

		2022	2021
	Notes	£	£
Fixed assets
Tangible assets	4	18,566	19,805
Current assets
Inventories		6,402
Debtors	5		21,776
Cash at bank and in hand		38,622	23,842
		45,024	45,618
Creditors: amounts falling due within one year	6	(6,225)	(3,807)
Net current assets		38,799	41,811
Net assets		57,365	61,616
Capital and reserves
Unrestricted funds		57,365	61,616
Shareholders' funds		57,365	61,616

For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 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 Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board of Trustees and authorised for issue on 31 May 2022 and were signed on its behalf by

Julie Shimelds (Chair) Director

Charity No. 523608

FOXHILL & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

1 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

2 Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy

3 Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

4 Allocation and Apportionment of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly

5 Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Restricted funds can only be used for particular restricted purposed within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are funds set aside by the Trustees out of unrestricted funds for the specific purposes or projects.

6 Depreciation

Land and Buildings 1% Fixtures and Fittings 10%

7 Tangible fixed assets

7	Tanible fied assets
	g x	Land &	Fixtures &	Total
		buildings	fittings
		£	£	£
	Cost or valuation	At cost	At cost
	At 1 April 2021	40,932	166,862	207,794
	At 31 March 2022	40,932	166,862	207,794
	Depreciation
	At 1 April 2021 Charge for the year	32,697 82	155,292 1,157	187,989 1,239
	At 31 March 2022	32,779	156,449	189,228
	Net book value
	At 31 March 2022	8,153	10,413	18,566
	At 31 March 2021	8,235	11,570	19,805
8	Debtors: amounts falling due within one year		2022	2021
			£	£
	Trade debtors			19,785
	Other debtors			1,991
				21,776

FOXHILL & DISTRICT COMMUNITY ASSOCIATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022

Creditors: amounts falling due within one year	2022	2021
	£	£
Trade creditors	3,741	3,807
Other creditors	2,484
	6,225	3,807

FOXHILL & DISTRICT COMMUNITY ASSOCIATION DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

This schedule does not form part of the statutory accounts.

	2022	2021
	£	£
Turnover
Sales	67,414	21,199
Administrative expenses
Wages and salaries	32,269	28,504
Motor expenses	1,434	73
Entertaining	7,869	10,309
Rates	2,492	728
Light and heat	7,895	6,149
Cleaning	1,185	1,121
Telephone and fax	671	538
Stationery and printing	762	138
Bank charges	873	412
Insurance	1,284	1,203
Repairs and maintenance	12,476	534
Depreciation	1,239	1,369
Accountancy fees	2,402	1,650
Other legal and professional	2,171	325
	75,022	53,053
Other operating income
Government grants	3,357	37,153
Operating {loss)/profit	(4,251)	5,299
{Loss)/profit on ordinary activities before taxation	(4,251)	5,299

10 -

FOXHILL DCA - REFRESHMENT ACCOUNT DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

	2022	2021
	£	£
Turnover
Sales	124,963	21,761
Cost of sales
Purchases	71,727	10,012
Increase in stocks	(6,402)
	65,325	10,012
Gross profit	59,638	11,749
Operating profit	59,638	11,749
Profit for the financial year	59,638	11,749

11 -

FOXHILL DCA - REFRESHMENT ACCOUNT INCOMING RESOURCES FOR THE YEAR ENDED 31 MARCH 2022

	2022	2021
Incoming Resources	£	£
Incoming resources from generated funds
Income
Refreshment Account	59,638	11,749
Subscriptions	632	37
Tombola	150	-
OpentheBox/Bonus Ball	1,376	-
Snooker/Pool	600	156
Raffles	701	-
Machines	1,859	7,385
Sundry income	2,458	1,872
Totalincomingresources	67,414	21,199

12 -

FOXHILL DCA - REFRESHMENT ACCOUNT REPAIRS FOR THE YEAR ENDED 31 MARCH 2022

REPAIRS
STUD WALL	2000.00
STARTUP COSTS FOLLOWING LOCKDOWN	3409.32
ADD PLANT	457.00
ARGOS	598.11
ARTHURS SKIPS	434.44
BQ	1098.64
BRIGGS SNOOKER	40.00
CENTURY PLASTICS	76.55
CURRYS	159.00
DERBYSHIRE	67.77
DICTATION MACHINE	36.24
DUNELM	5.00
FULL VOLUME	324.16
HARROLDS	16.28
HOMEBASE	300.00
IKEA	48.13
GREEN ALARM	845.00
KEYS	48.90
LAWN MOWER	220.00
LE PLA	40.00
MCS FURNITURE	510.00
ROAD RALLY	2.50
SCREWFIX	232.65
SHEFFIELD IND SALES	66.77
SLUSH MACHINE	869.99
STEREO	120.00
TIMBER SPECIALISTS	62.77
TIMBERWORLD	90.22
TOILET HIRE	100.00
TOOL STATION	99.19
WICKES WILKO WOLF ROAD	66.71 25.00 5.48
TOTAL	12475.82