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|||Page||
|---|---|---|---|
|Reference and Administrative Details||1||
|Report o f the Trustees|2|to|6|
|Independent Examiner's Report||7||
|Statement of Financial Activities||8||
|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)||
||M J Penn Company Director||
||G S Williams Company Director||
||Mrs S M Ripley Retired||
||Mrs L Johnston Retired||
||C M Henry Retired||
||Mrs A R Cundall Company Director (resigned 20.8.20)||
||P W Rew Company Director||
||L L Furniss||
||L M Mundy (appointed 27.9.20)||
||J I Deakin (appointed 27.9.20)||
|**COMPANY SECRETARY**|R A Reed||
|**REGISTERED OFFICE**|1 Mill Street||
||Ludlow||
||Shropshire||
||SY8 lAZ||
|**REGISTERED COMPANY**|02699283 (England and Wales)||
|**NUMBER**|||
|**REGISTERED CHARITY**|1010883||
|**NUMBER**|||
|**INDEPENDENT EXAMINER**|D.R.E. & Co. (Audit) Limited||
||7 Lower Brook Street||
||Oswestry.||
||Shropshire||
||SY11 2HG||
|**OFFICERS**|Chairman|−G. S. Williams (2016)|
||Vice Chair|−L. Johnston (2018)|
||Treasurer|−C. M. Henry (2017)|
|**CHIEF EXECUTIVE**|Helen Hughes (Appointed volunteer Chief||
||Executive on a non−remuneration basis,||
||January 2014)||





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|||||**31.3.21**|31.3.20||
|---|---|---|---|---|---|---|
|||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||
|Administration costs||**38,747**|**790**|**39,537**|69,079||
|**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||





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|||||**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**||||||
|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|





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|**INVESTMENT INCOME**|||
|---|---|---|
||**31.3.21**|31.3.20|
|Deposit account interest|**159**|615|



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|||**31.3.21**|31.3.20|
|---|---|---|---|
|Depreciation|−owned assets|7,667|19,404|





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||**31.3.21**|31.3.20|
|---|---|---|
|Direct charitable work|**11**|12|
|Administrative|**3**|3|
||**14**|15|



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||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|





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|**7.**||**COMPARATIVES FOR THE**|**STATEMENT**|**OF FINANCIAL**|**ACTIVITIES**|**−continued**||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|fund|funds|
|||**TOTAL FUNDS CARRIED FORWARD**|||264,616|357,961|622,577|
|**8.**||**TANGIBLE FIXED ASSETS**||||||
|||||Improvements||||
||||Freehold|to|Plant and|Computer||
||||property|property|machinery|equipment|Totals|
||||£|£|£|£|£|
||**• **|**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**|
|||**NET BOOK VALUE**||||||
|||At 31 March 2021|**96,400**|**552,894**|**2,352**|**11,852**|**663,498**|
|||At 31 March 2020|109,677|380,258|1,770|15,802|507,507|





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|**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<br>Social security and other taxes|**154,974 ,**<br>**4,640**|98,510<br>2,045|
|Other creditors|**9,361**|45,817|
|Accruals and deferred income|**29,901**|13,929|
||**198,876**|160,301|



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|**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**|





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||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|





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||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**||||





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