Connecting Communities in Berkshire Ltd - Charities report - 21.1
Connecting Communities in Berkshire Ltd - Charities report - 21.1
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 March 2021 |
for |
Connecting Communities in Berkshire Ltd |
Connecting Communities in Berkshire Ltd |
Contents of the Financial Statements |
for the Year Ended 31 March 2021 |
Page |
Report of the Trustees | 1 | to | 6 |
Independent Examiner's Report | 7 |
Statement of Financial Activities | 8 |
Statement of Financial Position | 9 | to | 10 |
Notes to the Financial Statements | 11 | to | 16 |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Report of the Trustees |
for the Year Ended 31 March 2021 |
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' SORP FRSSE. |
Connecting Communities in Berkshire Ltd (CCB) is an independent charity enabling communities in Berkshire to thrive. We do this in partnership with government, local authorities, other voluntary sector organisations and the private sector. |
CCB delivers a wide range of projects that have a positive and long-lasting impact on our communities. CCB has been working as a not-for-profit community development agency across Berkshire for 48 years, originally founded in 1973. Every member of the CCB team is knowledgeable and experienced in finding solutions that best meet the needs of communities. We develop partnerships that foster good communications, which in turn build engagement and can deliver strong sustainable futures. |
Our core mission is to inspire communities across Berkshire to thrive. We do this proactively by providing advice, support and training to individuals, informal groups, local Councils and other organisations. We work as enablers, raising money locally and nationally, to deliver projects that have positive, long-lasting effects across Berkshire, with a particular focus on rural communities. |
Our vision is for all communities in Berkshire to be strong, resilient, sustainable and able to have control over their own futures. |
Values: |
- Integrity: honesty, fairness, respect and trustworthiness in all that we do |
- People: we respect the individual rights, dignity and diversity of all people. We value the skills and experience our staff bring to their work and seek to develop the best in others |
- Volunteering: we encourage people to find ways of giving their time for the benefit of their communities. |
- Health, Safety and the environment: we challenge and encourage ourselves and others to protect the environment, the health & safety of our employees and those within the communities we support |
- Partnerships: we are committed to maintaining and developing positive relationships with partners, funders and our beneficiaries |
- Progress: we challenge ourselves to continually improve and develop new projects and services to meet emerging needs |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The charity's objects (the Objects) are to promote any charitable purpose for the benefit of the communities in Berkshire and in particular, but not exclusively: |
- Community capacity building in urban and rural communities to ensure equality and diversity of opportunities and sustainable regeneration; |
- Information, advice, support, training and personal development for the benefit of individuals and organisations within the voluntary and community sector; |
- Information, advice, support and training for the benefit of communities, village and community buildings, community groups and individuals within the public and voluntary sectors; |
- Information, advice, support, training and the advancement of education for the benefit of disadvantaged groups and individuals, elderly people, and young people. |
These Objects were approved at the Annual General Meeting on 14 July 2009 and there have been no subsequent changes to them. |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Report of the Trustees |
for the Year Ended 31 March 2021 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities and Covid-19 |
Just prior to the start of the financial year, the country entered its first lockdown in response to the Coronavirus pandemic. Throughout the preceding 2 months, the CCB staff team, supported by Trustees, had been making changes to our working practices in response to managing risks to the health of the team and of our beneficiaries. A Business Continuity Risk Assessment was conducted at the beginning of March and contingency plans were put in place to manage internal processes and external delivery in the face of a growing threat. |
When the Government announced the Stay at Home order at the end of March, we were well prepared to change our working practices to introduce remote service delivery in combination with a policy for all staff to work from home. Our I.T. equipment and cloud-based computing made the switch for staff to work at home very easy. We created a Microsoft Teams environment for the staff team to stay in regular contact and subscribed to Zoom Webinars to maintain contact with and deliver services to the majority of our beneficiaries. |
With few exceptions, remote service delivery worked reasonably well. Our Fuel Poverty Advice Service was impacted the most, needing a change away from accessing beneficiaries at drop-in sessions to taking referrals for one-to-one support by telephone or video-chat. The transition for this project took a number of months, partly to propagate new practices, but also because the clients supported by the project, often in complex family situations, were overwhelmed by other issues and had little capacity to take on advice beyond feeding and home-schooling children. |
The greatest impact of lockdown for our work programme was felt by our Community Buildings Advice Service. This was due to the forced closure of all community facilities in March. There was a great spike in demand for support as buildings closed, and then a lull for a number of weeks, before an overwhelming demand for advice and guidance as we entered the summer period. With support from our national body ACRE, our Halls Advisor throughout the Summer and Autumn months, was involved with interpreting Government guidance and communicating complex regulations and instructions to village halls across Berkshire; facilities run by volunteers, but providing a wide range of activities, often subject to conflicting guidance from Government. |
In spite of the pressures and changes forced on the charity by the pandemic, we continued our work to plan and deliver a series of projects and services that contribute to achieving the charitable purposes described in our Objects. These we see as the core activities of our function of being a Rural Community Council that is part of the Action with Communities in Rural England (ACRE) Network (www.acre.org.uk) and are summarised as: |
- Supporting the management committees of village halls and other community buildings |
- Delivering informal adult learning that supports people to develop the skills they need to actively contribute to improving the quality of life in their communities |
- Strategic influencing, intelligence-gathering and community support activities in the rural arena |
In addition to the above core activities, CCB delivered other projects that further contribute to the achievement of the Objects of the charity. These are summarised as: |
- Advice and guidance to tackle fuel poverty |
- The CCB Oil Club: bulk-buying fuel oil for people off the mains gas grid |
- Other general information, advice, guidance and capacity-building at a community level that supports and develops social capital and improves the quality of life for communities in Berkshire |
Trustees of the Charity have had due regard to the Charity Commission's guidance on public benefit and are content that decisions made by them comply with these requirements. Further information on the work of the charity during the year can be found in the CCB Annual Review 2020-2021 document. |
From a service delivery perspective, CCB had a reasonably good year. All of our achievements are detailed in our Annual Review document, available separately. In summary: |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Report of the Trustees |
for the Year Ended 31 March 2021 |
- We briefed 20 partner agencies on help available from energy companies for those isolating or struggling financially because of the pandemic |
- We engaged with families that needed one-to-one support on fuel debt via telephone or WhatsApp |
- 180 adults gained new skills that will better enable them to make a difference to their communities. |
- We supported over 80 village halls and other community buildings with 614 requests for advice on re-opening after lockdown |
- We helped 360 people to develop new skills and confidence in looking after themselves and their neighbours during lockdown and beyond |
- We enabled 120 members of the CCB Oil Club to save an average of £125 on the cost of heating their homes |
- We worked with voluntary sector colleagues across the Thames Valley to form an Emergency Partnership to coordinate activities in response to Covid-19 |
Fundraising activities |
CCB doesn't employ professional fundraisers, or invest money in raising donations from the general public. Our fundraising activities focus on approaching grant funders and charitable trusts, selling membership services to some of our beneficiaries and entering into Service Level Agreements, mainly with public sector bodies, to deliver services on their behalf. |
The pandemic had the potential to greatly disrupt our income from grants and service delivery contracts. However, as a result of flexibility shown by our funders and by the CCB team in adapting to new delivery methods, we were able to minimise the impact of the pandemic on our financial resources. We were able to take up the offer of Government support through the Small Business Grant, significantly de-risking our mitigation work and enabling us to invest in the required modifications to our working practices and future business planning. |
FINANCIAL REVIEW |
Reserves policy |
The trustees have set aside a designated Contingency fund of £29,475. This figure is based on calculated potential liabilities and is held for use at the trustees' discretion to cover expenditure arising in the event of the need for a full or partial run-down of the charity. |
In addition, our target level of reserve funds is 3 to 6 months running costs, currently £25,152- £50,304. This level of reserves is considered necessary to ensure long-term sustainability and to smooth our cash-flow through the uncertain timing of grant funding. |
Currentl level of funds |
Our current free (unrestricted) reserve fund at the end of March 2021 is £51,650. Trustees, together with the Chief Officer and his operational team, have prepared a plan to identify and open new income streams and improve this level of funding. |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Report of the Trustees |
for the Year Ended 31 March 2021 |
FINANCIAL REVIEW |
Funds |
The overall surplus for the year as shown on the statement of financial activities was £4,816 (2020: £1,177). The net surplus for the year on unrestricted funds (representing core activities) amounted to £4,816 (2020: £1,177). The balance carried forward (unrestricted) at 31 March 2020 was £51,650 (2020: £46,833). |
The net surplus for the year on restricted funds amounted to £0 (2020: £1). |
The balance carried forward (restricted) at 31 March 2021 was £0 (2020: £1). |
The notes to the financial statements summarise the year's movements on each fund. Restricted funds relate to specifically funded projects for which income and expenditure balance over the period of their operation. However, receipts and payments are not always in step in the short term and balances held at any given date can vary. |
At the Board meeting held on 5th March 2020, the budget was approved for the 2020-2021 year. The budget projected an end-of-year surplus of £4,195 on a turnover of £107,052. Regular financial reviews by the Board of Trustees and the use of a set of key financial tools, described below, enabled costs during the year to be carefully controlled. The original budget for the year projected costs of £102,857, but careful control reduced costs to £99,591. |
The key tools used by the Charity to maintain tight financial controls are: |
1. The Budget: broken down into central core costs and costs for each key project or service |
2. Cash-flow analysis: showing all income and expenditure, with a projected cash-in-hand figure and required contingency reserve figure on a monthly basis |
3. Terminal Contingency calculator: showing the total staff redundancy cost, combined with the total costs of all existing leases and contracts, analysed on a monthly basis |
4. Business Plan, detailing all activity required to secure budgeted income and new income. |
These tools are regularly updated and reviewed by the Board at every Board meeting. |
FUTURE PLANS |
CCB is an independent charity and as such, our immediate future depends on the sustainability of the current work programme and securing other, local opportunities to improve and expand the services we provide to communities in Berkshire. |
Our function as a Rural Community Council as part of the wider ACRE Network, however, rests on ACRE's continued sustainability. We work closely with other members of the ACRE Network, particularly those small in scale, to collaborate on new work, new partnerships and new ways of working together. By collaborating more effectively, the Network will be as strong as its strongest members, not the weakest. |
The last 4-year funded agreement between ACRE and Defra ended in March 2020, and this was extended by a year to March 2021. The agreement provides essential resources to enable the Network to continue to provide strategic support to rural communities, share learning on sustainable funding models and provide access to local intelligence. This agreement highlights the unique nature of the Network and Defra's commitment to supporting us to support our end beneficiaries. |
A further one-year extension to this agreement has now been put in place, providing resources for the charity until March 2022, while negotiations continue for a longer-term agreement, subject to the Comprehensive Spending Agreement, delayed by the pandemic, now taking place in Autumn 2021. |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Report of the Trustees |
for the Year Ended 31 March 2021 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The Charity is a charitable company limited by guarantee, incorporated on 16 June 1996 and registered as a charity on 25 June 1996. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10. |
Organisational structure |
The affairs of Connecting Communities in Berkshire Ltd are controlled by a Board of Trustees. Board members are either elected or co-opted in accordance with the Articles of Association. The Board of Trustees meets quarterly. |
Connecting Communities in Berkshire Ltd is a membership organization that is open to membership from individuals and organizations across the county that are sympathetic to its aims and objectives. Trustees are drawn from the membership, and are invaluable in ensuring that the organization continues to deliver its mission effectively through understanding of the changing needs, policy framework and funding streams. |
Induction and training of new trustees |
CCB uses a skills matrix to record Trustee's skills and competencies against 60 different criteria. Recruitment activity is tailored depending on existing Trustee's skills and competencies to ensure gaps in skills can be filled by new Trustees. As Trustees approach their retirement date, analysis through the skills matrix enables the organisation to identify skills that will be required once they stand down. |
New Trustees are assisted in familiarising themselves with the charity and the context within which it operates through a thorough induction process, which covers: |
- The obligations of Trustees |
- The main documents which set out the operational framework for the charity including the Memorandum and Articles of Association. |
- Resourcing and the current financial position as set out in the latest published accounts. |
- Future plans and objectives. |
Risk management |
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which allows for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the offices. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Major financial risks that have been identified and quantified are detailed in the notes to the accounts. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Report of the Trustees |
for the Year Ended 31 March 2021 |
Trustees |
The Directors of the company are also charity Trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the members of the Board of Trustees are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting. |
Company Secretary |
Independent Examiner |
David Edmonds |
FCMA |
EDMONDS ACCOUNTANCY LIMITED |
Unit 11, Diddenham Bus Park, |
Diddenham Court |
Grazeley, |
READING |
Berkshire |
RG7 1JQ |
Accountants |
Edmonds Accountancy Ltd |
Unit 11 Diddenham Business Park |
Diddenham Court |
Grazeley |
Reading |
Berkshire |
RG7 1JQ |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Connecting Communities in Berkshire Ltd |
Independent examiner's report to the trustees of Connecting Communities in Berkshire Ltd ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
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: |
1. | accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
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. |
David Edmonds |
FCMA |
EDMONDS ACCOUNTANCY LIMITED |
Unit 11, Diddenham Bus Park, |
Diddenham Court |
Grazeley, |
READING |
Berkshire |
RG7 1JQ |
Date: ............................................. |
Connecting Communities in Berkshire Ltd |
Statement of Financial Activities |
for the Year Ended 31 March 2021 |
31.3.21 | 31.3.20 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Activities undertaken directly | 12,011 | 87,580 | 99,591 | 110,924 |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
Transfers between funds | 10 | (60 | ) | 60 | - | - |
Net movement in funds |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 46,833 |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Statement of Financial Position |
31 March 2021 |
31.3.21 | 31.3.20 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
Investments | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 10 |
Unrestricted funds | 51,650 | 46,833 |
TOTAL FUNDS | 46,833 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
Connecting Communities in Berkshire Ltd (Registered number: 03212736) |
Statement of Financial Position - continued |
31 March 2021 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
Connecting Communities in Berkshire Ltd |
Notes to the Financial Statements |
for the Year Ended 31 March 2021 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 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. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Fixtures and fittings | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
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 purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Pension costs and other post-retirement benefits |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
Connecting Communities in Berkshire Ltd |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2021 |
2. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31.3.21 | 31.3.20 |
£ | £ |
Depreciation - owned assets |
3. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. |
4. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
31.3.21 | 31.3.20 |
Chief Operating Officer | 1 | 1 |
Administration | 1 | 1 |
Projects | 2 | 2 |
5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | fund | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | ( |
) |
Charitable activities |
Total |
EXPENDITURE ON |
Raising funds | ( |
) |
Charitable activities |
Activities undertaken directly | 16,359 | 94,565 | 110,924 |
Connecting Communities in Berkshire Ltd |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2021 |
5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
fund | fund | funds |
£ | £ | £ |
Total |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward | 45,655 | 1 |
TOTAL FUNDS CARRIED FORWARD | 46,832 | 1 | 46,833 |
6. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 April 2020 and 31 March 2021 |
DEPRECIATION |
At 1 April 2020 |
Charge for year |
At 31 March 2021 |
NET BOOK VALUE |
At 31 March 2021 |
At 31 March 2020 |
Tangible assets are held at Nil value |
7. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
MARKET VALUE |
At 1 April 2020 and 31 March 2021 |
NET BOOK VALUE |
At 31 March 2021 | 1,000 |
At 31 March 2020 | 1,000 |
There were no investment assets outside the UK. |
The company's investments at the balance sheet date in the share capital of companies include the following: |
Connecting Communities in Berkshire Ltd |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2021 |
7. | FIXED ASSET INVESTMENTS - continued |
Registered office: |
Nature of business: Dormant |
% |
Class of share: | holding |
£ | £ |
Aggregate capital and reserves |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.21 | 31.3.20 |
£ | £ |
Trade debtors |
Other debtors |
VAT |
Prepayments and accrued income |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.21 | 31.3.20 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
VAT | 260 | - |
Other creditors |
Deferred government grants |
10. | MOVEMENT IN FUNDS |
Net | Transfers |
movement | between | At |
At 1.4.20 | in funds | funds | 31.3.21 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 46,834 | 4,876 | (60 | ) | 51,650 |
Restricted funds |
Restricted | - | (60 | ) | 60 | - |
TOTAL FUNDS | 4,816 | 51,650 |
Connecting Communities in Berkshire Ltd |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2021 |
10. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 16,887 | (12,011 | ) | 4,876 |
Restricted funds |
Restricted | 87,520 | (87,580 | ) | (60 | ) |
TOTAL FUNDS | ( |
) | 4,816 |
Comparatives for movement in funds |
Net |
movement | At |
At 1.4.19 | in funds | 31.3.20 |
£ | £ | £ |
Unrestricted funds |
General fund | 45,655 | 1,178 | 46,833 |
Restricted funds |
Restricted | 1 | (1 | ) | - |
TOTAL FUNDS | 45,656 | 1,177 | 46,833 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 17,538 | (16,360 | ) | 1,178 |
Restricted funds |
Restricted | 94,563 | (94,564 | ) | (1 | ) |
TOTAL FUNDS | 112,101 | (110,924 | ) | 1,177 |
Connecting Communities in Berkshire Ltd |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2021 |
10. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between | At |
At 1.4.19 | in funds | funds | 31.3.21 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 45,655 | 6,054 | (60 | ) | 51,649 |
Restricted funds |
Restricted | 1 | (61 | ) | 60 | - |
TOTAL FUNDS | 45,656 | 5,993 | - | 51,649 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 34,425 | (28,371 | ) | 6,054 |
Restricted funds |
Restricted | 182,083 | (182,144 | ) | (61 | ) |
TOTAL FUNDS | 216,508 | (210,515 | ) | 5,993 |
11. | RELATED PARTY DISCLOSURES |
There were no related party transactions for the year ended 31 March 2021. |