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2021-03-31-accounts
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Page |
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| Reference and Administrative Details |
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1 |
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| Report o f the Trustees |
2 |
to |
6 |
| Independent Examiner's Report |
|
7 |
|
| Statement of Financial Activities |
|
8 |
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| Balance Sheet |
9 |
to |
10 |
| Notes to the Financial Statements |
11 |
to |
18 |
| Detailed Statement o f Financial Activities |
19 |
to |
20 |
| TRUSTEES |
Mrs K Hardacre Management/HR Development Consultant |
Mrs K Hardacre Management/HR Development Consultant |
|
(resigned 3.3.21) |
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M J Penn Company Director |
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G S Williams Company Director |
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Mrs S M Ripley Retired |
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Mrs L Johnston Retired |
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C M Henry Retired |
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Mrs A R Cundall Company Director (resigned 20.8.20) |
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P W Rew Company Director |
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L L Furniss |
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L M Mundy (appointed 27.9.20) |
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J I Deakin (appointed 27.9.20) |
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| COMPANY SECRETARY |
R A Reed |
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| REGISTERED OFFICE |
1 Mill Street |
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Ludlow |
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Shropshire |
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|
SY8 lAZ |
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| REGISTERED COMPANY |
02699283 (England and Wales) |
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| NUMBER |
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| REGISTERED CHARITY |
1010883 |
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| NUMBER |
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| INDEPENDENT EXAMINER |
D.R.E. & Co. (Audit) Limited |
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|
7 Lower Brook Street |
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Oswestry. |
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Shropshire |
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SY11 2HG |
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| OFFICERS |
Chairman |
−G. S. Williams (2016) |
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Vice Chair |
−L. Johnston (2018) |
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Treasurer |
−C. M. Henry (2017) |
| CHIEF EXECUTIVE |
Helen Hughes (Appointed volunteer Chief |
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|
Executive on a non−remuneration basis, |
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|
January 2014) |
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|
|
|
31.3.21 |
31.3.20 |
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|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
funds |
fund |
funds |
funds |
_ |
|
Notes |
£ |
£ |
£ |
£ |
|
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
|
| Donations and legacies |
|
232,846 |
122,878 |
355,724 |
253,452 |
|
| Charitable activities |
|
|
|
|
|
|
| Operation o f assembly rooms |
|
10,512 |
|
10,512 |
139,615 |
|
| Investment income |
3 |
159 |
|
159 |
615 |
|
| Other income |
|
104,806 |
|
104,806 |
|
|
| Total |
|
348,323 |
122,878 |
471,201 |
393,682 |
|
| EXPENDITURE ON |
|
|
|
|
|
|
| Raising funds |
|
9,303 |
|
9,303 |
4,409 |
|
| Charitable activities |
|
|
|
|
|
|
| Operation o f assembly rooms |
|
154,985 |
3,160 |
158,145 |
276,629 |
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| Administration costs |
|
38,747 |
790 |
39,537 |
69,079 |
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| Total |
|
203,035 |
3,950' |
206,985 |
350,117 |
|
| NET INCOME |
|
145,288 |
118,928 |
264,216 |
43,565 |
|
| RECONCILIATION OF FUNDS |
|
|
|
|
|
|
| Total funds brought forward |
|
264,613 |
357,964 |
622,577 |
579,012 |
|
| TOTAL FUNDS CARRIED FORWARD |
|
409,901 |
476,892 |
886,793 |
622,577 |
|
|
|
|
|
31.3.21 |
31.3.20 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Tangible assets |
8 |
98,752 |
564,746 |
663,498 |
507,507 |
| CURRENT ASSETS |
|
|
|
|
|
| Stocks |
9 |
454 |
|
454 |
1,184 |
| Debtors |
10 |
107,360 |
− |
107,360 |
,61,651 |
| Cash at bank and in hand |
|
220,320 |
94,037 |
314,357 |
212,536 |
|
|
328,134 |
94,037 |
422,171 |
275,371 |
| CREDITORS |
|
|
|
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| Amounts falling duewithinone year |
11 |
(16,985) |
(181,891) |
(198,876) |
(160,301) |
| NET CURRENT ASSETS |
|
311,149 |
(87,854) |
223,295 |
115,070 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
| LIABILITIES |
|
409,901 |
476,892 |
886,793 |
622,577 |
| NET ASSETS |
|
409,901 |
476,892 |
886,793 |
622,577 |
| FUNDS |
13 |
|
|
|
|
| Unrestricted funds |
|
|
|
409,901 |
264,613 |
| Restricted funds |
|
|
|
476,892 |
357,964 |
| TOTAL FUNDS |
|
|
|
886,793 |
622,577 |
| INVESTMENT INCOME |
|
|
|
31.3.21 |
31.3.20 |
| Deposit account interest |
159 |
615 |
|
|
31.3.21 |
31.3.20 |
| Depreciation |
−owned assets |
7,667 |
19,404 |
|
31.3.21 |
31.3.20 |
| Direct charitable work |
11 |
12 |
| Administrative |
3 |
3 |
|
14 |
15 |
|
Unrestricted |
Restricte'd |
Total |
|
funds |
fund |
funds |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Donations and legacies |
87,452 |
166,000 |
253,452 |
| Charitable activities |
|
|
|
| Operation of assembly rooms |
139,256 |
359 |
139,615 |
| Investment income |
615 |
|
615 |
| Total |
227,323 |
166,359 |
393,682 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
4,409 |
|
4,409 |
| Charitable activities |
|
|
|
| Operation of assembly rooms |
227,916 |
48,713 |
276,629 |
| Administration costs |
56,983 |
12,096 |
69,079 |
| Total |
289,308 |
60,809 |
350,117 |
| NET INCOME/(EXPENDITURE) |
(61,985) |
105,550 |
43,565 |
| RECONCILIATION OF FUNDS |
|
|
|
| Total funds brought forward |
326,601 |
252,411 |
579,012 |
| 7. |
|
COMPARATIVES FOR THE |
STATEMENT |
OF FINANCIAL |
ACTIVITIES |
−continued |
|
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|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
|
|
|
funds |
fund |
funds |
|
|
TOTAL FUNDS CARRIED FORWARD |
|
|
264,616 |
357,961 |
622,577 |
| 8. |
|
TANGIBLE FIXED ASSETS |
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Improvements |
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Freehold |
to |
Plant and |
Computer |
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|
property |
property |
machinery |
equipment |
Totals |
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|
£ |
£ |
£ |
£ |
£ |
|
**• ** |
COST |
|
|
|
|
|
|
|
At 1 April 2020 |
155,577 |
490,230 |
178,484 |
19,752 |
844,043 |
|
|
Additions |
− |
163,172 |
1,599 |
.. |
164,771 |
|
|
Disposals |
− |
(111,085) |
(174,996) |
|
(286,081) |
|
|
Reclassification |
(10,577) |
10,577 |
|
|
|
|
|
At 31 March 2021 |
145,000 |
552,894 |
5,087 |
19,752 |
722,733 |
|
|
DEPRECIATION |
|
|
|
|
|
|
|
At 1 April 2020 |
45,900 |
109,972 |
176,714 |
3,950 |
336,536 |
|
|
Charge for year |
2,700 |
|
1,017 |
3,950 |
7,667 |
|
|
Eliminated on disposal |
− |
(109,972) |
(174,996) |
− |
(284,968) |
|
|
At 31 March 2021 |
48,600 |
|
2,735 |
7,900 |
59,235 |
|
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NET BOOK VALUE |
|
|
|
|
|
|
|
At 31 March 2021 |
96,400 |
552,894 |
2,352 |
11,852 |
663,498 |
|
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At 31 March 2020 |
109,677 |
380,258 |
1,770 |
15,802 |
507,507 |
| 9. |
STOCKS |
|
|
|
|
31.3.21 |
31.3.20 |
|
Stocks |
454 |
1,184 |
| 10. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
31.3.21 |
31.3.20 |
|
|
. £ |
£ |
|
Trade debtors |
− |
1,091 |
|
Other debtors |
18,995 |
|
|
VAT |
5,995 |
|
|
Prepayments and accrued income |
30,566 |
6,099 |
|
|
55,556 |
7,190 |
|
313.21 |
31.3.20 |
|
£ |
£ |
Trade creditors
Social security and other taxes |
154,974 ,
4,640 |
98,510
2,045 |
| Other creditors |
9,361 |
45,817 |
| Accruals and deferred income |
29,901 |
13,929 |
|
198,876 |
160,301 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.20 |
in funds |
31.3.21 |
| Unrestricted funds |
|
|
|
| General fund |
114,613 |
145,288 |
259,901 |
| Designated fund |
150,000 |
|
150,000 |
|
264,613 |
145,288 |
409,901 |
| Restricted funds |
|
|
|
| Restricted Fund |
357,964 |
118,928 |
476,892 |
| TOTAL FUNDS |
622,577 |
264,216 |
886,793 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
348,323 |
(203,035) |
145,288 |
| Restricted funds |
|
|
|
| Restricted Fund |
122,878 |
(3,950) |
118,928 |
| TOTAL FUNDS |
471,201 |
(206,985) |
264,216 |
| Comparatives for‘movement in funds |
|
|
|
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.19 |
in funds |
31.3.20 |
| Unrestricted funds |
|
|
|
| General fund |
176,601 |
(61,988) |
114,613 |
| Designated fund |
150,000 |
|
150,000 |
|
326,601 |
(61,988) |
264,613 |
| Restricted funds |
|
|
|
| Restricted Fund |
252,411 |
105,553 |
357,964 |
| TOTAL FUNDS |
579,012 |
43,565 |
622,577 |
| Comparative net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
227,323 |
(289,311) |
(61,988) |
| Restricted funds |
|
|
|
| Restricted Fund |
166,359 |
(60,806) |
105,553 |
| TOTAL FUNDS |
393,682 |
(350,117) |
43,565 |
|
A current year 12 months and prior year 12 months combined posi |
tion is as follo |
ws: |
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 1.4.19 |
in funds |
31.3.21 |
|
Unrestricted funds |
|
|
|
|
General fund |
176,601 |
83,300 |
259,901 |
|
Designated fund |
150,000 |
|
150,000 |
|
|
326,601 |
83,300 |
409,901 |
|
Restricted funds |
|
|
|
|
Restricted Fund |
252,411 |
224,481 |
476,892 |
|
TOTAL FUNDS |
579,012 |
307,781 |
886,793 |
|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above |
|
|
|
|
as follows: |
|
|
|
|
|
Incoming |
Resources |
Movement |
|
|
resources |
expended |
in funds |
|
Unrestricted funds |
|
|
|
|
General fund |
575,646 |
(492,346) |
83,300 |
|
Restricted funds |
|
|
|
|
Restricted Fund |
289,237 |
(64,756) |
224,481 |
|
TOTAL FUNDS |
864,883 |
(557,102) |
307,781 |
| 14. |
CAPITAL COMMITMENTS |
|
|
|
|
|
|
31.3.21 |
31.3.20 |
|
Contracted but not provided for in the financial statements |
|
36,000 |
184,317 |
| 15. |
RELATED PARTY DISCLOSURES |
|
|
|