Bancroft Meeting Place,Ltd - AccountsChartiy- Accounts
Bancroft Meeting Place,Ltd - AccountsChartiy- Accounts
| (England and Wales) |
| Company number: 02166849 |
| Charity number: 297842 |
For the year ended 31 March 2021
Report of the Trustees and Financial Statements
2
For the year ended 31 March 2021
Bancroft Meeting Place
Contents Page
1 to 2
Report of the Trustees
3
Independent Examiner's Report to the Trustees
4
Statement of Financial Activities
5
Statement of Financial Position
6 to 9
Notes to the Financial Statements
3
For the year ended 31 March 2021
Bancroft Meeting Place
Report of the Trustees
| The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the |
| financial statements for the charitable company for the year ended 31 March 2021. The Trustees have adopted the |
| provisions of 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 the Republic of Ireland (FRS |
| 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES
Objectives and aims
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document, a deed of trust and constitutes a limited company, limited by guarantee, |
| as defined by the Companies Act 2006. |
| REFERENCE AND ADMINISTRATIVE INFORMATION |
| Name of Charity |
| Charity registration number |
| Company registration number |
| Principal address |
| Trustees |
The trustees and officers serving during the year and since the year end were as follows:
| Secretary |
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For the year ended 31 March 2021
Bancroft Meeting Place
Report of the Trustees Continued
| Independent examiners |
First Floor, 89 High Street
Newport Pagnell
MK16 8AB
| ............................................................................. |
| Approved by the Board of Trustees and signed on its behalf by |
| Mr Ian Wynne FRANKLIN |
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5
For the year ended 31 March 2021
Bancroft Meeting Place
Independent Examiners Report to the Trustees
| Responsibilities and basis of report |
| Independent examiners 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 that in any material respect: |
| 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 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. |
THE ADVANCE PARTNERSHIP LTD
First Floor, 89 High Street
Newport Pagnell
MK16 8AB
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6
For the year ended 31 March 2021
Bancroft Meeting Place
Statement of Financial Activities (including Income and Expenditure Account)
2020
| Unrestricted |
| funds |
| Notes |
| £ |
| £ |
| Income and endowments from: |
| Donations and legacies |
2
| Investments |
3
| Total |
| Expenditure on: |
| Raising funds |
(28,726 )
(19,840 )
4
| Total |
(28,726 )
(19,840 )
(343 )
| Net income/expenditure |
| Reconciliation of funds |
| Total funds brought forward |
33,692
33,699
| Total funds carried forward |
33,356
33,699
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7
| Registered Number : |
| As at |
Bancroft Meeting Place
Statement of Financial Position
| £ |
| £ |
| Notes |
2021
2020
| Fixed assets |
| Tangible assets |
9
| Current assets |
| Cash at bank and in hand |
| Creditors: amounts falling due within one year |
(1,048 )
(1,262 )
10
Net current assets
33,339
| Total assets less current liabilities |
Net assets
| The funds of the charity |
| Unrestricted income funds |
11
| Total funds |
| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: |
| Mr Ian Wynne FRANKLIN |
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8
For the year ended 31 March 2021
Bancroft Meeting Place
Notes to the Financial Statements
| 1. Accounting Policies |
| Basis of accounting |
| 2. Income from donations and legacies |
2020
2021
| £ |
| £ |
| Unrestricted funds |
| Donations received |
| Grants received |
| 3. Investment income |
2020
2021
| £ |
| £ |
| Bank interest receivable |
| 4. Expenditure on generating donations and legacies |
2020
2021
| £ |
| £ |
| Unrestricted funds |
| Donations |
120
90
| Subscriptions |
13
13
| Support costs |
19,707
28,623
28,726
19,840
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9
For the year ended 31 March 2021
Bancroft Meeting Place
Notes to the Financial Statements Continued
| 5. Analysis of support costs |
2020
2021
| £ |
| £ |
Management
13,404
12,318
Cleaning Expenses
426
1,596
Insurance
844
821
Light and Heat
970
1,411
Sundry Expenses
671
-
Telephone Expenses
434
456
Water Rates
425
384
Governance costs
11,449
2,721
19,707
28,623
| 6. Net income/(expenditure) for the year |
| This is stated after charging/(crediting): |
2021
2020
| £ |
| £ |
| Depreciation of owned fixed assets |
90
120
| Accountancy fees |
1,092
1,092
| 7. Staff costs and emoluments |
| Total staff costs for the year ended 31 March 2021 were: |
2021
2020
| £ |
| £ |
| Salaries and wages |
2021
2020
0
Average Number of Employee
| 3 |
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For the year ended 31 March 2021
Bancroft Meeting Place
Notes to the Financial Statements Continued
| 8. Comparative for the Statement of Financial Activities |
| The comparative year values on the Statement of Financial Activites are for unrestricted funds. |
| 9. Tangible fixed assets |
| Fixtures and |
| Fittings |
| Land and |
| Buildings |
| Total |
| Cost or valuation |
| £ |
| £ |
| £ |
| At 01 April 2020 |
| At 31 March 2021 |
| Depreciation |
| At 01 April 2020 |
Charge for year
| At 31 March 2021 |
| Net book values |
| At 31 March 2021 |
| At 31 March 2020 |
| 10. Creditors: amounts falling due within one year |
2021
2020
| £ |
| £ |
| Other creditors |
| Accruals and deferred income |
| 11. Movement in funds |
| Unrestricted Funds |
| Balance at |
| 01/04/2020 |
| Incoming |
| resources |
| Outgoing |
| resources |
| Balance at |
| 31/03/2021 |
| £ |
| £ |
| £ |
| £ |
General
33,699
(28,726 )
33,356
General
33,699
(28,726 )
33,356
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11
For the year ended 31 March 2021
Bancroft Meeting Place
Notes to the Financial Statements Continued
| Unrestricted Funds - Previous year |
| Balance at |
| 01/04/2019 |
| Incoming |
| resources |
| Outgoing |
| resources |
| Balance at |
| 31/03/2020 |
| £ |
| £ |
| £ |
| £ |
General
33,692
(19,840 )
33,699
General
33,692
(19,840 )
33,699
| Purpose of unrestricted Funds |
General
| 12. Analysis of net assets between funds |
| Tangible |
| fixed assets |
| Net current |
| assets / |
| (liabilities) |
Net Assets
| £ |
| £ |
| £ |
Unrestricted funds
General
269
33,089
33,358
General
269
33,089
33,358
| Previous year |
| Tangible |
| fixed assets |
| Net current |
| assets / |
| (liabilities) |
Net Assets
| £ |
| £ |
| £ |
Unrestricted funds
General
359
33,339
33,698
General
359
33,339
33,698
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