| Page | |||
|---|---|---|---|
| Report ofthe Trustees | .1 | to | 11 |
| Report ofthe Independent Auditors |
12 | to | 14 |
| Statement of Financial Activities | 15 | ||
| Balance Sheet | 16 | ||
| Notes to the Financial Statements | 17 | to | 25 |
| Detailed Statement of Financial Activities | 26 | to | 27 |
| 31.12.20 | 31.12.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | E | E | E | E | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | 67,121 | 5,347 | 72,468 | 100,273 | ||
| Charitable activities | ||||||
| Local Authority | 16,432 | 22,320 | 38,752 | |||
| Trusts and Foundations | 64,297 | 455 | 64,752 | 23,545 | ||
| Other trading activities | 5,649 | 5,649 | 16,263 | |||
| Investment income |
3 | 3 | 12 | |||
| Other income | 4,721 | 4,721 | ||||
| Total | 158,223 | 28,122 | 186,345 | 140,093 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 645 | 2,226 | ||||
| Charitable activities |
||||||
| Playschool | 81,909 | 81,909 | 73,769 | |||
| Youth Club | 3,900 | 5,259 | 9,159 | 7,604 | ||
| Junior Gateway | ||||||
| 13,111 | 13,111 | 9,888 | ||||
| Holiday Club | ||||||
| 5,362 | 15,773 | 21,135 | 30,131 | |||
| Senior Gateway | 4,483 | 4,483 | 13,923 | |||
| Ring Fenced | 180 | 180 | ||||
| Other | 4,690 | 72 | 4,762 | 7,039 | ||
| Total | 114,280 | 21,104 | 135,384 | 144,580 | ||
| NET INCOME/(EXPENDITURE) | 43,943 | 7,018 | 50,961 | (4,487) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 135,096 | 23,604 | 158,700 | 163,187 | ||
| TOTAL FUNDS CARRIED FORWARD | 179,039 | 30,622 | 209,661 | 158,700 |
| 31.12.20 | 31.12.19 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | E | E | E | E | ||
| FIXEDASSEIS | ||||||
| Tangible assets | 12 | 61,116 | 5,262 | 66,378 | 76,305 | |
| CURRENT ASSETS | ||||||
| Debtors | 13 | 428 | 428 | |||
| Cash at bank and in hand | 116,841 | 29,014 | 145,855 | 82,395 | ||
| 117,269 | 29,014 | 146,283 | 82,395 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
14 | 654 | (3,654) | (3,000) | ||
| NET CURRENT ASSETS | 117,923 | 25,360 | 143,283 | 82,395 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 179,039 | 30,622 | 209,661 | 158,700 | ||
| NET ASSETS | 179,039 | 30,622 | 209,661 | 158,700 | ||
| FUNDS | 15 | |||||
| Unrestricted funds: |
||||||
| General fund | 77,037 | 45,329 | ||||
| Jr Gateway | 13,182 | 878 | ||||
| Fixed asset replacement | fund | 48,410 | 48,410 | |||
| Contingency Fund |
50,000 | 50,000 | ||||
| Playschool | (9,590) | (9,521) | ||||
| 179,039 | 135,096 | |||||
| Restricted funds | 30,622 | 23,604 | ||||
| TOTALFUNDS | 209,661 | 158,700 |
| Improvements | to property | 10%on cost | |
|---|---|---|---|
| Fixtures and | fittings | 159'on reducing | balance |
| 2. | OTHER TRADING ACTIVITIES | 31.12.20 | 31.12.19 | |||
|---|---|---|---|---|---|---|
| E | f | |||||
| Fundraising events Rent from clubs |
759 4,890 |
13,202 3,061 |
||||
| 5,649 | 16,263 | |||||
| 3. | INVESTMENT INCOME | 31.12.20 | 31.12.19 | |||
| E | E | |||||
| Deposit account interest | 3 | 12 | ||||
| 4. | INCOME FROM CHARITABLE ACTIVITIES | 31.12.20 | 31.12.19 | |||
| Activity | E | E | ||||
| Grants Grants |
Local Authonty Trusts and Foundations |
38,752 64,752 |
23,545 | |||
| 103,504 | 23,545 | |||||
| Grants received, included in the |
above, | are as follows: | 31.12.20 | 31.12.19 | ||
| E | E | |||||
| Kent County Council | 51,383 | 11,055 | ||||
| Bernard Sunley Charitable Foundation |
||||||
| 3,000 | ||||||
| Cobtree Charity Trust BigLottery / National Lottery Ann Reynolds Charitable Trust Golding Vision The ACT Foundation Maidstone Borough Council The David Solomons Charitable Trust The Cornwallis East Kent Freemasons' |
Charity | 26,922 16,432 1,000 1,000 |
2,500 1,000 990 5,000 |
|||
| The Linda Hogan Community The True Colours Trust Grant |
Fund | 455 6,312 |
||||
| 103,504 | 23,545 |
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| E | E | ||
| Government | Grants | 4,721 |
| 31.12.20 | 31.12.20 | 31.12.19 | |||
|---|---|---|---|---|---|
| E | E | ||||
| Fundraising | activities | 645 | 2,226 | ||
| CHARITABLE | ACTIVITIES COSTS | ||||
| Support | |||||
| Direct | costs | (see | |||
| Costs | note 8) | Totals | |||
| E | E | E | |||
| Playschool | 81,533 | 376 | 81,909 | ||
| Youth Club | 9,116 | 43 | 9,159 | ||
| Junior Gateway | |||||
| 13,053 | 58 | 13,111 | |||
| Holiday Club | |||||
| 20,968 | 167 | 21,135 | |||
| Senior Gateway | 4,483 | 4,483 | |||
| Ring Fenced | 180 | 180 | |||
| 129,153 | 824 | 129,977 | |||
| SUPPORT COSTS | |||||
| Management | Finance | Totals | |||
| E | E | E | |||
| Playschool | 296 | 80 | 376 | ||
| Youth Club | 34 | 9 | 43 | ||
| Junior Gateway | |||||
| 46 | 12 | 58 | |||
| Holiday Club | |||||
| 155 | 12 | 167 | |||
| Ring Fenced | 180 | 180 | |||
| 711 | 113 | 824 |
| Net income/( | expenditur | e) isstated after charging/(creditin |
g): | |
|---|---|---|---|---|
| 31.12.20 | 31.12.19 | |||
| E | E | |||
| Depreciation | —owned | assets | 26,631 | 24,680 |
| 12. | TANGIBLE FIXEDASSE | TS | |||
|---|---|---|---|---|---|
| Improvements | Fixtures | ||||
| Freehold | to | and | |||
| property | property | fittings | Totals | ||
| E | E | E | E | ||
| COST | |||||
| At 1January 2020 | 39,420 | 240,457 | 22,120 | 301,997 | |
| Additions | 9,228 | 7,476 | 16,704 | ||
| At 31December 2020 | 39,420 | 249,685 | 29,596 | 318,701 | |
| DEPRECIATION | |||||
| At 1January 2020 | 207,174 | 18,518 | 225,692 | ||
| Charge for year | 24,969 | 1,662 | 26,631 | ||
| At 31December 2020 | 232,143 | 20,180 | 252,323 | ||
| NET BOOK VALUE | |||||
| At 31December 2020 | 39,420 | 17,542 | 9,416 | 66,378 | |
| At 31December 2019 | 39,420 | 33,283 | 3,602 | 76,305 | |
| 13. | DEBTORS:AMOUNTS | FALUNG DUE AFTER MORE THAN ONE | YEAR | ||
| 31.12.20 | 31.12.19 | ||||
| E | E | ||||
| Other debtors | 428 | ||||
| 14. | CREDITORS: AMOUNTS FALUNG DUE WIMIN ONE YEAR | ||||
| 31.12.20 | 31.12.19 | ||||
| E | E | ||||
| Accruals and deferred | income | 3,000 |
| MOVEMENT | IN FU | NDS | |||||
|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.1.20 | in funds | funds | 31.12.20 | ||||
| E | E | E | E | ||||
| Unrestricted | funds | ||||||
| General fund | 45,329 | 46,205 | (14,497) | 77,037 | |||
| Jr Gateway Fixed asset Contingency Playschool |
replacement Fund |
fund | 878 48,410 50,000 (9,521) |
6,724 (8,986) |
5,580 8,917 |
13,182 48,410 50,000 (9,590) |
|
| 135,096 | 43,943 | 179,039 | |||||
| Restricted | funds | ||||||
| The Maintenance | Fund | 2,250 | 2,250 | ||||
| Holiday Club —restricted funding Youth Club —restricted funding |
1,981 5,873 |
486 6,532 |
2,467 12,405 |
||||
| The Clothworkers | Grant | ||||||
| 13,500 | 13,500 | ||||||
| 23,604 | 7,018 | 30,622 | |||||
| TOTALFUNDS | 158,700 | 50,961 | 209,661 |
| Net moveme | n | t in funds, |
included in the above are |
as follows: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| E | E | f | ||||
| Unrestricted | funds | |||||
| General fund | 103,358 | (57,153) | 46,205 | |||
| Jr Gateway Playschool |
14,567 40,298 |
(7,843) (49,284) |
6,724 (8,986) |
|||
| 158,223 | (114,280) | 43,943 | ||||
| Restricted funds | ||||||
| Holiday Club —restricted Youth Club —restricted |
funding funding |
16,331 11,791 |
(15,845) (5,259) |
486 6,532 |
||
| 28,122 | (21,104) | 7,018 | ||||
| TOTAL FUNDS | 186,345 | (135,384) | 50,961 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.1.19 | in funds | 31.12.19 | ||||
| E | E | E | ||||
| Unrestricted | funds | |||||
| General fund | 41,972 | 3,357 | 45,329 | |||
| Jr Gateway | 2,634 | (1,756) | 878 | |||
| Fixed asset replacement | fund | 48,410 | 48,410 | |||
| Contingency | Fund | 50,000 | 50,000 | |||
| Playschool | 3,762 | (13,283) | (9,521) | |||
| 146,778 | (11,682) | 135,096 | ||||
| Restricted funds | ||||||
| The Maintenance | Fund | 2,250 | 2,250 | |||
| Holiday Club | - restricted | funding | 1,981 | 1,981 | ||
| Youth Club —restricted | funding | 659 | 5,214 | 5,873 | ||
| The Clothworkers | Grant | |||||
| 13,500 | 13,500 | |||||
| 16,409 | 7,195 | 23,604 | ||||
| TOTAL FUNDS | 163,187 | (4,487) | 158,700 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| E | E | E | |||
| Unrestricted | funds | ||||
| General fund | 60,584 | (57,227) | 3,357 | ||
| Jr Gateway | 4,374 | (6,130) | (1,756) | ||
| Playschool | 37,349 | (50,632) | (13,283) | ||
| 102,307 | (113,989) | (11,682) | |||
| Restdcted funds | |||||
| Holiday Club —restricted | funding | 27,474 | (25,493) | 1,981 | |
| Youth Club —restricted | funding | 10,312 | (5,098) | 5,214 | |
| 37,786 | (30,591) | 7,195 | |||
| TOTALFUNDS | 140,093 | (144,580) | (4,487) |
| A current year 12 | month | s and prior year 1 |
2 months combined po |
sition is as follows |
: | |
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.19 | in funds | funds | 31.12.20 | |||
| E | E | E | E | |||
| Unrestricted funds |
||||||
| General fund | 41,972 | 49,562 | (14,497) | 77,037 | ||
| Jr Gateway Fixed asset replacement Contingency Fund Playschool |
fund | 2,634 48,410 50,000 3,762 |
4,968 (22,269) |
5,580 8,917 |
13,182 48,410 50,000 (9,590) |
|
| 146,778 | 32,261 | 179,039 | ||||
| Restricted funds | ||||||
| The Maintenance | Fund | 2,250 | 2,250 | |||
| Holiday Club —restricted Youth Club —restricted |
funding funding |
659 | 2,467 11,746 |
2,467 12,405 |
||
| The Clothworkers | Grant | |||||
| 13,500 | 13,500 | |||||
| 16,409 | 14,213 | 30,622 | ||||
| TOTALFUNDS | 163,187 | 46,474 | 209,661 |
| are as follow | s | : | ||||
|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| E | E | E | ||||
| Unrestricted | funds | |||||
| General fund | 163,942 | (114,380) | 49,562 | |||
| Jr Gateway Playschool |
18,941 77,647 |
(13,973) (99,916) |
4,968 (22,269) |
|||
| 260,530 | (228,269) | 32,261 | ||||
| Restricted funds | ||||||
| Holiday Club —restricted 'routh Club —restricted |
funding funding |
43,805 22,103 |
(41,338) (10,357) |
2,467 11,746 |
||
| 65,908 | (51,695) | 14,213 | ||||
| TOTAL FUNDS | 326,438 | (279,964) | 46,474 |
| 31.12.20 | 31.12.19 | |
|---|---|---|
| E | E | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
43,749 | 20,135 |
| Donations | 428 | 454 |
| Gift aid | 520 | 530 |
| Subscriptions | 4,516 | 27,474 |
| Holiday Club | 19,216 | 36,995 |
| Playschool | 3,210 | 4,373 |
| Junior Gateway | 829 | 10,312 |
| Youth Club | ||
| 72,468 | 100,273 | |
| Other trading activities | 759 | 13,202 |
| Fundraising events Rent from clubs |
4,890 | 3,061 |
| 5,649 | 16,263 | |
| Investment income |
12 | |
| Deposit account interest | ||
| Charitable activities Grants |
103,504 | 23,545 |
| Other income Government Grants |
4,721 | |
| Total incoming resources | 186,345 | 140,093 |
| EXPENDITURE | ||
| Other trading activities Fundraising activities |
645 | 2,226 |
| Charitable activities Wages Insurance Light and heat Telephone Postage and stationery Repairs and renewals Holiday club expenditure Carried forward |
79,459 2,589 3,674 1,028 1,524 12,394 556 101,224 |
81,659 2,474 2,246 1,202 2,005 14,047 1,630 105,263 |
| 31.12.20 | 31.12.19 | |
|---|---|---|
| E | E | |
| Charitable activities |
||
| Brought forward Youth Club expenditure Playschool expenditure Staff Training improvements to property Fixtures and fittings |
101,224 227 733 339 24,968 1,662 |
105,263 589 2,465 1,423 24,045 634 |
| 129,153 | 134,419 | |
| Other | ||
| General Expenditure Audit |
1,867 2,895 |
4,458 2,581 |
| 4,762 | 7,039 | |
| Supportcosts | ||
| Management Advertising Sundries |
104 607 |
89 608 |
| 711 | 697 | |
| Finance | ||
| Bank charges | 113 | 199 |
| Total resources expended | 135384 | 144580 |
| Net income/(expenditure) | 50,961 | (4,487) |