2020-12-31-accounts

			Page
Company	information
Report of	the trustees'
Report of	the auditor
Statement	offinancial	activities
Balance sheet			10
Accounting	policies
Notes to the accounts			14

ecte	rectors	D K Gill —Chairman ¹
		SC Kitt- Secretary¹
		D FClarke¹
		WRT Hale¹
		RAG Smith
		His Hon Judge P Sycamore (Retired 9September				2020)
Nominated	directors	Mrs P Greenhill ¹—Friends of Lytham Mrs S M Cornah¹-Lytham StAnnes J D Homyak- Friends of Lytham Hall			Hall (Retired 24 April 2021) Civic Society (Appointed 24 May 2021)
		A Lavin —BAE Systems
		JRThomas —Fylde Borough Council S M Williams¹—Lytham Heritage Group
Honorary	Life Vice-Presidents	G A Burras
		A LTurner
Secretary		SC Kitt
Registered	oNce	Assembly Rooms
		Dicconson Terrace
		Lytham
		FY85JY
Company	number	2523744
Registered	charity number	1000098
Auditors		Ashworth Treasure Ltd
		17-19Park Street
		Lytham
		FY85LU

Nominated members of:	Nominated members of:
Fylde Borough Council
l ytham StAnnes	Civic Society
Lytham Heritage	Group
BAE Systems
Friends of Lytham	Hall

			2020	2019
Unrestricted Unrestricted	Fund —General Fund —Designated		1,053,451 205,000	1,001,895 200,000
Restricted Restricted	Fund —Endowment Fund —Lytham Hall	Fund	762,069 965,227	766,477 970,264
Total Funds at 31 December			2,985,747	2,938,636

						Restricted
			Unrestricted		Restricted	Fund
			Funds		Endowment	Lytham
		Note	General	Designate	Fund	Hall	2020	2019
				d
				E
Incoming resources
Donations
Investments			83,312		10,646		93,958	87,038
Charitable activities			18,305			1	18,306	28,376
Total incoming resources			101,617		10,646	1	112,264	115,414
Resourcesexpended
Raising funds			3,388		635		4023	9683
Charitable activities			41,673		10,742	5,038	57,453	116,081
Total resources expended			45,061		11,377	5,038	61,476	125,764
Net incoming/(outgoing)
resources before revaluations,
investment disposals	and
transfers			56,556		(731)	(5,037)	50,788	(10,350)
Realised gains/(losses)								848
Unrealised gains/(losses)		10b			(3,677)		(3,677)	88,212
Net			56,556		(4,408)	(5,037)	47,111	?8,710
income/(expenditure)
Transfers between funds		15	(5,000)	5,000
Net movement in funds			51,556	5,000	(4,408)	(5,037)	47,111	78,710
Total funds brought	forward		1,001,895	200,000	766,477	970,264	2,938,636	2,859,926
Total funds canied	forward		1,053,451	205,000	762,069	965,227	2,985,747	2,938,636

ncome from don	ations
				Restricted
	Unrestricted		Restricted	Funds
	Fund	Designated	Endowment	Lytham
	General	Fund	Fund	Hall	2020	2019
						K
Donations
Total for2019
ncome from investments
				Restricted
	Unrestricted		Restricted	Funds
	Fund	Designated	Endowment	Lytham
	General	Fund	Fund	Hall	2020	2019
		E
Rents received Property sale	83,312				83,312	69,781
proceeds Bank interest			3,160		3,160	5,000 5,558
Dividends			7,486		7,486	6,699
Total for 2020	83,312		10,646		93,958	87,038
Total for 2019	74,781		12,257			87,038

				Restricted
	Unrestricted		Restricted	Funds
	Fund	Designated	Endowment	Lytham
	General	Fund	Fund	Hall	2020	201S
			E			R
Room hire	4,652				4,652	12,757
Recharged
insurance	1,141				1,141	929
Service charges Car park fees	8,312 4,200				8,312 4,200	4,689 10,000
Rental income						1
Total for 2020	18,305				18,306	28,376
Total for 2019	28,375					28,376

				Restricted
	Unrestricted		Restricted	Funds
	Fund	Designated	Endowment	Lytham
	General	Fund	Fund	Hall	2020	2019
Investment
management
costs	3,388		635		4,023	9,683
Total for 2020	3,388		635		4,023	9,683
Total for2019	9,228					9,683

						Assembly	Lytham
						Rooms	Hall	2020	2019
Wages and National			Insurance			5,400		5,400	5,873
Gardening						2,784		2,784	2,740
Cleaning						3,474		3,474	4,419
Repairs and renewals						5,206	3,386	8,592	60,999
Telephone						649		649	966
Heat, light and		water				5,789		5,789	7,237
Insurance Audit fee Accountancy Bookkeeping	and administration					6,692 2,705 3,210 595		6,692 2,705 3,210 595	6,040 2,195 3,850 1,440
Printing and stationery									9
Professional fees Clifton Portfolio valuation Bank charges Sundries Depreciation:				fees		4,460 95 144	7,356	11,816 95 144	11,682 1,800 2,760 1,047
Buildings							5,038	5,038	5,038
Improvements		to property				470		4?0	470
						41,673	15,780	57,453	116,081
							Restricted
			Unrestricte			Restricted	Funds
				d
				Fund	Designated	Endowment	Lytham
			General		Fund	Fund	Hall	2020	2019
					E				E
Management	of
Assembly
Rooms			43,850					43,850	97,800
Lytham Hall Governance						10,742	5,038	15,780	16,086
costs (note 8)			2,705					2,705	2,195
Total for 2020			46,555			10,742	5,038	62,335	116,081
Total for 2019			100,695			11,048	5,038		116,081

(a) Tangible fixed assets
	Freehold
	Land and	Investment	Fixtures and	Improvement
	buildings	properties	Equipment	to property	Total
	R	R	R	R
Cost or valuation
At 1 January 2019	1,007,660	842,000	35,729	22,291	1,907,680
Disposal
Revaluations
Additions
At 31December 2020	1,007,660	842,000	35,729	22,291	1,907,680
Depreciation
At 1 January 2019	100,760		35,729	21,348	157,837
Depreciation on disposals
Charge for the year	5,038			470	5,508
At 31December 2020	105,798		35,729	21,818	163,345
Net book value
At 31December 2020	901,862	842,000		473	1,744,335
At 31 December 2019	906,900	842,000		943	1,749,843

10	(b) Investments
								2020	2019
	Market value at 1 January			202Q				197,057	175,894
	Additions to investments		at cost					141,564	11,824
	Disposals at carrying value Net unrealised investment			gains/(losses)				(3,677)	(7,232) 16,571
	Market value at 31December 2020							334,944	197,057
	No investments were	sold		during	the year	(2020:E8,080).
						2020	2020	2019	2019
						Market		Market
						value	Cost	value	Cost
	Investments comprise:
	Unitised and common	investment			funds	334,944	331,471	197,057	189,907
	Cash and cash equivalents					559,784	559,784	559,022	559,022
						894,728	891,255	756,079	748,929
11	Debtors and prepayments
								2020	2019
	Rent receivable							13,174	9,079
	Other debtors							26,284	14,441
								39,458	23,520
12	Concesslonary loans receivable
								2020	2019
	Heritage Trust for the	North		West				75,000	75,QOO

Creditors: Du	e within less than one year
		2020	2019
Rent received Accruals	in advance	3,614 18,523	1,833 6,557
		22,137	8,390

				Brought				Carried
				forward at				forward at
				1Jan			Gains and	31Dec
				2019	Income	Expenditure	Transfers	2020
					R		K	K
General unrestricted			funds	1,001,895	101,617	(45,061)	(5,000)	1,053,451
Designated	funds
Assembly Rooms Lytham Hall				200,000			5,000	5,000 200,000
Total designated		funds		200,000			5,000	205,000
Total funds				1,201,895	101,617	(45,061)	5,000	1,258,451

The general	fund represents the free funds ofthe trust which	are not designated for a partic	ular purpose.
		2020	2019
		Total funds	Total funds
Represented	by:
Tangible fixed assets at cost less depreciation Revaluation oftangible fixed assets Net current assets less current liabilities		327,087 515,386 415,978	327,557 515,386 158,952
		1,258,451	1,001,895

		2020	2020	2020	2019
		Assembly	Lytham
		Rooms	Hall	Total	Total
1 January 2019 31 December 2020		5,000	200,000 200,000	200,000 205,000	200,000
Represented	by			2020	2019
Net current	assets			205,000	200,000
				205,000	200,000

			Brought				Carried
			forward at				forward at
			1Jan			Gains/	31 Dec
			2020	Income	Expenditure	(losses)	2020
				R			R
Endowment Lytham Hall			766,477 970,264	10,646	(11,377) (5,037)	(3,677)	762,069 965,227
			1,736,741	10,646	(16,414)	(3,677)	1,727,296
Endowment		Fund
Represented		by				2020	2019
Investments Net current assets/(liabilities) Cash deposits						334,944 427,125	197,057 10,398 559,022
						762,069	766,477

Lytham Hall Fund
Represented by		2020	2019
Tangible fixed assets Current assets less current	liabilities	901,862 63,365	906,900 63,364
		965,227	970,264

The Trust had	1 part time equivalent employee during the	year (2019:1 part time)
The employees'	costs amount to
Salary Social Security	costs	5,400	5,873
		5,400	5,873