##
##
##
##
||||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|
##
##